Trustees’ Annual Report for the period
From 01 December 2019 Period start date To Period end date 21 January 2021
Charity name: New Covenant Ministries
Charity registration number: 1181657
Objectives and Activities
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SORP reference
Summary of the Para 1.17 To advance the Christian faith for the
purposes of the charity public benefit in the UK and
as set out in its worldwide in accordance with the
governing document Statement of Faith, mainly but not
exclusively by means of providing:
· A place of worship
· Pastoral care and outreach
Summary of the main Para 1.17 and The benefits to the public are:
1.19
activities in relation to A place of worship – Providing a
those purposes for the place of worship that is multi-ethnic
public benefit, in for the public benefit in accordance to
particular, the activities, the Christian Faith, particularly in but
projects or services not exclusive to the West Midlands.
identified in the
accounts. Pastoral care – Providing pastoral
care and support in areas such as
marriage, family, finance and
employment in accordance to the
Christian Faith, particularly in but not
exclusive to the West Midlands. This
service will empower all members of
the public by helping them develop
skills and knowledge to prevent or
address specific societal problems i.e.
unemployment, homelessness,
anxiety and depression etc.
Community Outreach -. Providing
food, clothing and other forms of
support to members of the public who
are disadvantaged and or in abusive
or dangerous situations. This is
particularly in but not exclusive to the
West Midlands.
Statement confirming Para 1.18 The trustees have had regard to the
whether the trustees guidance issued by the Charity
have had regard to the Commission on public benefit.
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guidance issued by the Charity Commission on public benefit
Additional information (optional)
You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other
Achievements and Performance
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SORP reference
The Charity has impacted over 2000
lives over the year through the below
Providing financial and pastoral
Summary of the main Para 1.20 support for local communities
achievements of the in Birmingham
charity, identifying the Providing a place of worship for
difference the charity’s members of the Birmingham
work has made to the community
circumstances of its Conferences, personal, spiritual
beneficiaries and any development courses to
wider benefits to society empower the lives of people
as a whole. Homeless outreaches through
food banks and also other
evangelical outreach activities
Counselling services for
tackling mental health
challenges of people in the
community
Marriage and parental support
classes
Employment and business
support training.
Community sport gatherings to
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bring people of the local community together.
Additional information (optional)
You may choose to include further statements where relevant about:
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Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
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Financial Review
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Review of the charity’s Para 1.21 Receipts of funds - £48,139.43
financial position at the Payments - £24,831.57
end of the period
Cash funds - £23,307.86
Statement explaining Para 1.22 The reserves held within New
the policy for holding Covenant Ministries is to sustain a
reserves stating why community that will provide a place of
they are held worship, pastoral care and community
outreach for the community that New
Covenant Ministries is responsible for
ensuring that the needs of the
members of the charity are fulfilled.
The Charity holds £8,000 in reserves
to allow for costs of buildings and the
upkeep of the needs of the charity
members. The reserves can be spent
on funding the building project of the
charity as well as other administrative
costs of the charity.
Amount of reserves held Para 1.22 £8,000
Reasons for holding zero Para 1.22
reserves
Details of fund materially Para 1.24 None
in deficit
Explanation of any Para 1.23 None
uncertainties about the
charity continuing as a
going concern
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Additional information (optional)
You may choose to include further statements where relevant about:
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The charity’s principal
sources of funds Para 1.47
(including any
fundraising)
Investment policy and
objectives including any Para 1.46
social investment policy
adopted
A description of the Para 1.46
principal risks facing the
charity
Other
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Structure, Governance and Management
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Description of charity’s The charity trustees shall manage the
trustees: affairs of the CIO and may for that
purpose exercise all the powers of
the CIO
Type of governing Para 1.25 Model Constitution of New
document Covenant Ministries
(trust deed, royal
charter)
How is the charity Para 1.25 CIO
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25 (1) Apart from the first charity
methods including trustees, every trustee must be
details of any appointed [for a term of one year]
constitutional provisions by a resolution passed at a
e.g. election to post or properly convened meeting of the
name of any person or charity trustees.
body entitled to appoint
one or more trustees (1)In selecting individuals for
appointment as charity trustees,
the charity trustees must have
regard to the skills, knowledge
and experience needed for the
effective administration of the
CIO.
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Additional information (optional)
You may choose to include further statements where relevant about:
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details
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Charity name New Covenant Ministries
Other name the charity
uses
Registered charity 1181657
number
Charity’s principal 240 Marsh Lane, West Bromwich, Birmingham, B71
address 2DB
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Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
Emmanuel Chairman Whole year
1
Adeseko
Oyinkansola Secretary Whole year
2
Adebayo
Gian-Angelo Obi- Treasurer Whole year
3
Umahi
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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Corporate trustees – names of the directors at the date the report was approved
Director name
N/A
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for
whole year
N/A
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Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements N/A for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
N/A
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) (OA) (EA) (GAU) Full name(s) Oyinkansola Adebayo (OA) Emmanuel Adeseko (EA) Gian-Angelo Umahi (GAU) Position (eg Secretary - OA Secretary, Chair, etc) Chairman – EA Trustee - GAU Date 03/09/2021
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NEW COVENANT MINISTRIES No 1181657
Receipts and payments accounts CC16a
For the period 01/12/2019 21/01/2021
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
48,139 - - 48,139 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
AR) 48,139 - - 48,139 -
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 48,139 - - 48,139 -
A3 Payments
24,831 - - 24,831 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total 24,831 - - 24,831 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total - - - - -
Total payments 24,831 - - 24,831 -
Net of receipts/(payments) 23,308 - - 23,308 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 23,308 - - 23,308 -
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CCXX R1 accounts (SS)
03/09/2021
1
| Section B Statement of assets and liabilities at | Section B Statement of assets and liabilities at | the end of the period | the end of the period | |
|---|---|---|---|---|
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Details Details |
Unrestricted funds to nearest £ 23,308 - - 23,308 OK Unrestricted funds to nearest £ - - - - - - Fund to which asset belongs Fund to which asset belongs Fund to which liability relates |
Restricted funds to nearest £ - - - - OK Restricted funds to nearest £ - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - Amount due (optional) |
Endowment funds to nearest £ - - - |
| - | ||||
| OK | ||||
| Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional) |
||||
| - - - - - |
||||
| OyinkansolaAdebayo Signature EmmanuelAdeseko |
Print Name Emmanuel Adeseko Oyinkansola Adebayo |
Date of approval 03/09/2021 03/09/2021 |
CCXX R2 accounts (SS)
03/09/2021
2
Independent examiner’s report to the trustees of New Covenant Ministries (‘the Trust’)
I report to the charity trustees on my examination of the accounts of the Trust for the year ended 21 JANUARY 2021.
Responsibilities and basis of report
As the trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the the Charities Act 2011 (‘the 2011 Act’). You are satisfied that your charity is not required by charity law to be audited and have chosen instead to have an independent examination.
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act. In carrying out my examination I have followed the requirements of all applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention giving me cause to believe that in any material respect:
-
accounting records were not kept as required by section 130 of the 2011 Act; or
-
the accounts do not accord with those records; and
-
the accounts do not comply with the accounting requirements of Regulation of the Charity Commission.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed:
Name: Adebisi Adebayo
(FFA, FAIA)
(IFA membership - 253386)
Address: I VICTORIA SQUARE, BIRMINGHAM B1 1BD
Date: 27 OCTOBER 2020
1 Victoria Square, Birmingham, West Midlands, England. B1 1BD Tel: 01216619460, 07909005363 Fax: 01212854200 Email: info@afadlink.com website: www.afadlink.com Authorised by the Institute of Financial Accountants and the Association of International Accountants Managing Partner: Adebisi Adebayo BSc (Accounting), MSc (Economics), Dip.FA, ACA, ACIB, FFA, FIPA, FAIA List of Partners & Tax Consultants are available for inspection in this office. This firm is owned and managed by Afadlink International Resources UK Limited Registered in England No. 06712960