Registered Charity Number 1182108 Repori of the Trustees and audited Flnancial Statements For The Year Ended 31 st December, 2023 riumphant Outreach Ministry International
Triumphani Ouireach Ministry International Report Of The Trusiees For The Year Ended 31 51 December, 2023 REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity Number Chariiy Number.. l 182108 Chalrman.. Mr Derby Nii Amafh Ashitei Principal address. 2 7 5wayihling House Turnworth Cresceni London 5W15 4PQ Trusiees Ms Juliana Mensah Mr Derby Nll Amarh A5hltel Ms Linda Bairy-Adjoka15e Independent Examiner Paperch44se Tdxdlion 22A Sydeiiliain Road Sydenham, London SE26 5QW Bankers Llo¥d5
Triumphant Contents of T For The Year Ireach Ministry International Financial Statemenis nded 31 st December, 2023 Page Report of The Independent E Statement of F rustees aminer's Report nancial Activities Balance Sheet Notes to the Fi ancial Statements Detailed Stale ent of Financial Activities io
Triumphant Ouireach Minisrry Internatioftal Unaudiied Financial Staiements For The Year Ended 31 si DectnilMr. 2023 The trustees present their repon with the fbnancial siaiemenis of ihe charity for ihe year ended 31 $1 December, 2023. The ifU5tees have adopted the provisions of ihe Sratement of Recommended Praciice ISORPI 'Accounting and Reponing by Charilies. Issued tn July 2014, STRucfuRE GOVERNANCE ANO MANAGEMENT Descriptlon of the charity's Irusts Governbng documeni." Trust deed The charity is a trust Trustee selection is by appointmenr OBJECTIVES AND AcnvinES The Charity's objecis are. The advancement of ihe Chrisiian Faith The relief of povertv The maln actlvliy ol ihe charily 15 the e5tablishmeni and malnienance of worshlp cenires to enable itte membeis of the public io pariicipaie in Chrisiian worshlp Maklng granis and donatlons to the needv. ACHIEVEMENTS ANO PERFORMANCE FOR THE PUBLIC BENEFIT The charity have been fruirful In creaiing a relationship bwth the communiiv ihrou9h our operatlons during ihe lasi year We also f(Kused on leaching the christian believer to undersiand Iheir Ideniliy and become responslble ciiizen5 in Iheir respectlve communlries. We believe ihai a 51rong chr15tlan help make a strong communlry where love and peace fejgns RISK MANACEMENT The Trusiees performed a study of ihe principal flsks io whlch rhe Chariiy 15 exposed. A risk reglsiry has been constructed to Idenlify Importani hazaids per area of acilvliy, Ihelr nature, likelihood of occurrence, and ihe measure5 taken to control them, The Tru51ees evaluate ihe r15k Tegister on a regular basls during Ihelr meeilngs and are sat15fied Ehai med5Llfe5 are i place to monage ihe identified risks. The property is still covered by Insurance should ihere bé any unforseen eveniuallty. The rrustees declaie thaT they have approved ihe irusree5' repoit above. Signed on behalf of The charity's irustees Appioved by ord behalf by: of the board of iru51ees on -0410712024........and sbgned on Ils .DNAA Mr Derby Nii Amarn Asttiiei For Trusiees
Trlumphant Out Balance Sheet as at 31 Decem ach Ministry Iniernational r 2023 2023 2022 Unre51ricied Funs Notes Total Funds Total Funds FIXED ASSETS Tangible asset5 38.039 38.039 37,044 CURRENT ASSET Stocks Oebtors assets 54.174 54,174 32,893 Cash ai bank and n hand 17.332 17,332 37,851 CREDITORS Amounts Falling Year ue wlthln one 17.313 17,313 NET CURRENT A SETS 54.193 54,193 50,238 TOTAL ASSETS L LIA8ILinES SS CURRENT 92.232 92.232 87.282 NET ASSETS 92,232 92.232 51ricted Fun Unrestricted Fund 92.232 87.282 TOTAL FUNDS 92,232 87,282 The financlal stare and were $19ned o ienis were approved by the 8oard of Trustees on........... Its behalf by. tKO3 trhSe I Approved by Boa d of Trusrees The Notes Fc<m Part of These Financial Stslemenls
The Notes Form Part of These FinJKial Statements
Trlumphant Outr 3151 December. ach Ministry Interhational 23 Independeni Exa To ihe Trusiees Iner's Report I report on the ac unis for the year ended 31 si December, 2023 sei out on pages 5 to l O. Respectlve resp The charity s tru Iru5tees consider Charltles Act 20 rhe charily 5 gro. examlnation by L) nslbllliles of irusiee5 and examlner lees are responsible for Ihe preparation of the accounts. The charily's hai an audit Is noi required for this year lunder Sectlon 144121 of ihe I Ithe 2011 Acill and Ihai an Independeni examinatlon Is requlred s Income does noi exceed £250.0¢)O and l am qualified to undertake ihe ng a qualified men)ber of ACCA. It is my responsib examine the acco down In the Gen of ihe 201 l Acil. ity 10: nis under Section 145 of the 2011 Act io follow ihe procedures lald ral Directlon5 given by the Charily Commission (under Section 14 51511bl and ro slate whethef panicular mailers have come to my attenlion 8asis of the inde endeni examiner's repon a5 carried out In accordance with the General Dlreciions gtven by the n An examinaiion Includes a revlew of Ihe accounting record5 kept b¥ comparison of the accounts presenied with those records. li also lion of any unusual items or disclosures in Ihe accounis. and ons from you as trusiees concernlng any such maiter5, The aken do not provide all ihe evidence ihai would be required In an uently no oglnlon Is qlven a5 10 wheiher the actounTS preseni a 'irue Ihe repori Is limited io ihose mailers sei oul In the siatements below. My examinatlo Chariiy Commi551 Ihe charity and Includes consicle seeking explanat proceduies under audii. and con se and fair view ' and Independeni È¥. In connecrion wil 11 whleh gives wequirements w accountlng requi Iner's stalement my examination, no matter has come to my attentlon.. me reasonable cause io believe ihat, In any m&ttrl41 rospect, the accord wilh ihe accouniing records and to comply with Ihe menis of the 201 l Aci have noi been mei", or 21 to which. In ursdersiandlng of my opinlon, atientlon should be drawn In order to enable a proper accounts to be reached. Abiodun A Adeb Accountants 22A Sydenham R London. SE26 SQ ejo IFCCA8C4FAIA}
Triumphant Othreach Ministry International Siaiemeni of FSnanclal Acilvltles For The Year Ended 3 1 si Oecember. 2023 2023 Toial Fund 2022 Toial Fund UnrestrTrcted Resirlcted Noies Income Resources Incoming Resources From Generated Funds. Voluntary Income Total Income Resources 160.947 160,947 760,947 160947 124,444 524.444 Resources Expended Charitable A<tivliles Physical & spiritual Need Governance Cosis 152.352 3,645 152,3S2 3.645 88.034 2.302 Total Resources Expended 155,997 IS5,997 90,336 NET INCOMING RESOURCES 4.950 4,950 34,108 RECONCILATION OF FUNDS Total Funds Balances b/fwd 34.108 34,108 Total Funds Balances c/fwd 39,058 The Naes Form Part of These Financk31 Statements
Triumphani Oulrea h Ministry Inlernailonal Noies io ihe Financ foi ihe year ended I Siatementss l December 2023 I ACCOUNTING P Licies Accouniing con The linartcial st and in accordan (effective Janua of Recommende niion en)enis have been ppared under ihe historical cost convention. with the Financial Reponin9 Siandard lof Smaller Entities 20151, Ihe CharEties Aci 201 l and the requirements of the Sraiemeni Practice. Accounting and Reportin9 by Charities (Issued July 20141 Incomin9 resourc All incoming reso charlty is legallv reasonable accu rces are included on ihe Sta(emeni of Financial Aciivilies when the ntltled io the income and ihe amouni can be quaniified wlth cy Resources expen Expendiiure Is ac that aggregare a to panicular hea use of resource5 ed ounted for on an accruals basis and has been classified under headlngs cosi relaied io the category. Where cos15 cannoi be directly attributed ws ihey have been allocated to acriviiies on a ba515 consisieni wilh the Grants offered su noted as 4 com jeci to conditions which have noi been mei at ihe year en(i dale are tmeni bui not accrued as expendilure. Tanglble flxed as Taxatlon The charity Is ex ets pt from tax on Its chariiable aciivltses. Fund accounrlng Unresiricred fund discretlon of tlie can be used in accordance with ihe chaf Itable objectlves at the rustees. I VOLUNTARY IN MÉ 2023 2022 Tlthes, Offerlng Other Income Thanksgtvlng 41,687 102.676 144,363 100,596 100,596 2023 2022 Granis receSveLI. i cluded in the above. are as follows". Other Crants 16,584 23.848 2 GOVERNANCE C Accouniancv STS 2023 3.645 2022 2,302
Trlumphant Outiea Mlnisiry Iniernaiional Notes to the Financi for the year ended I Statemenis5 December 2023 I ACCOUNTING P LICIES Accouniing conv The financial sia and In accordanc (effective January of Recommende nrion ements havt been prepaftd under the historical cost convention wlth the Finan£lal Reporting Siandard for Smaller Entilies 20151. the Chariries Aa 2011 and Ihe requirements of rhe Staiemeni Praciice. Accouniing and Reportin9 by Chariiies 1155ued July 20141 Incoming resourc All incoming reso charlty Is legally reasonable accur rces are included on Ihe 5taiement of Financial Activities when the ntiiled to the Income and the amouni can be quanilfled wlih Resouices expen Expendilure is ac Ihat aggiegate a to partscular head Use of resources ovnted for on an accruals basls and has been classified under headlngs COSI relaied to the caie9ory. Where costs cannoi be directly attributed rlgs rhey have been allocated io activities on a ba515 con5151ent wilh the Gran15 offered su noted as a coni ject to conditions which have not been met at the year end date are Iment bui noi accrued as expendiiure. Tangible fixed a5 Taxatlon The chariiy Is exe ets pt from tax on lis charltable actlvltles. Fund accountln9 Unresirlcted fund discreiion of the can be used In accordance wlth ihe charliable objectlve5 ar the rusiees. I VOLUNTARY IN ME 2023 2022 Tlihe5, OfFerSng Oiher Income Thanksgivlng 41.687 102.676 144,363 100,596 100.596 2023 2022 Granis received, I cluded In the above. are a5 follows". Oihef Grants 16.584 23,848 2 GOVERNANCE C Accounrancv STS 2023 3,645 2022 2,302
Triumphant Oulreach Ministry Internalional Notes 10 ihe Financial Stalemeniss for the year ended 31 December 2023 3,645 4 Tangible fixed assets Church & Choir Equipments Plant and machln?ry Total Cost At l JanLSary 2023 Ar 31 December 2023 38.985 47 389 10,OC 10.000 48.985 57.389 Depreciatlon Ar l January 2023 Chafge for rhe year At 31 December 2023 11,941 5409 17.350 11,941 7,409 19,350 2,01)J Net book value Ai 31 December 2023 30.039 38.039 At 31 December 2022 27,044 io.cK)o 37.044 5 Debiors Amounts Falling Due wlihin one year 2023 2022 Other debtors Other debtors 54,174 32,893 393 S4.174 6 Cred5iors: amounis falllng due wiihin one year 2023 2022 Trade Credltors 9 OPERATING LEASE COMMITMENTS 7 Crediiors: amounts falllng within one year 2023 2022 Trade Creditors Oiher Crediror5 1,250 19.256 17,313 Expiring". 8etween one and flve years
Trlumphani Outrea h Mlnlsiry Iniernatlonal Noles to ihe Financ for the year ended I Siaiefflenis5 l December 2023 Noi Movement In Funds At 31 12 2023 S Movement in Fu Atol 01 23 Unre5trlcied fun General fund TOTAL FUNDS 92.232 92,232 87,282 4.950 Net movement In unds. Included In the above are as follows.. Incomlng Resou¥<es Resources Expended Movement In Funds Unrestricted fu General fund Total Fund ds 160,947 160.947 I SS,997' 1 $5,997 4,9SO 4,950
Trlumphani Outreach Minisiry Iniernaiional Oetailed Staiement Of Financial Activities For The Year Ended 3151 December. 2023 2023 Tolal Fund 2022 Total Fund Unrtstrlcted Re51ricied INCOMING RESOURCES TThe$ & Offering Other Income Gifr Aid 41.687 15 102.675 97 16.584 15 160.947.27 41.687 15 102.675 97 16.584.1 S 160,947.27 100,596.00 23,848.00 124,444 00 I'oial Incomin9 Resourct..s RESOURCES EXPENDED Charitable Aclivilies Donailons & Waffaie Honorariurn & Volunteer 10.062 00 i.000.00 956.00 7.358.00 42.490.¢)0 10,062,00 1,000.00 956 00 1.358.00 42,49000 2,966.00 Twavelling and subsisience Priniing. posta9e & stationery Church expense5 1,840 00 4500 26.355 QO 55,866.00 55 866.00 31,206.00 Governance Costs Accouniancy fees 3.645.¢]0 3,645.00 3 645.00 230200 3,645.(K• 2,302.00 Support Co515 Managemenl Reni & rales Telephone & lax R•pairs & Maintenanc* SoltV4are & IT Service Charges Moior expenses OTher Legal & Professional fee5 Ad¥ert 65,000.00 3.097 00 16,360 00 1,18468 310.00 1,35900 65,000 00 3,097 00 16,360 00 1,18468 31000 1,359.00 24,881 00 27900 11,54900 5.878 00 3000 2.040.00 7.698.00 766.00 1,61JQ.OQ 166.00 1.600.00 16600 Other Operating Exp . Cleaning Depieciation chaT9e 740900 7.409 00 3.707 00 56.828.00 96,485.68 96.485.68 TOTAL RESOURCES EXPENDED 1 $5.996.68 I S5,996.68 90,336.00 MET INCOME 4.950.59 4,950.59 34,108.00