Registered Charity Number 1182108
Report of the Trustees and Unaudited Financial Statements For The Year Ended 31st December, 2024
Triumphant Outreach Ministry International
Triumphant Outreach Ministry International Report Of The Trustees For The Year Ended 31st December, 2024
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity Number
Charity Number:1182108
Chairman:
Mr Derby Nii Amarh Ashitei
Principal address.
27 Swaythling House Turnworth Crescent London SW15 4PQ
Trustees
Ms Juliana Mensah Mr Derby Nii Amarh Ashitei Ms Linda Barry-Adjokatse
Independent Examiner
Paperchase Taxation 22A Sydenham Road Sydenham, London SE26 5QW
Bankers
Lloyds
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Triumphant Outreach Ministry International Contents of The Financial Statements For The Year Ended 31st December, 2024
| Page | |
|---|---|
| Report of The Trustees | 1 - 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 - 9 |
| Detailed Statement of Financial Activities | 10 |
Triumphant Outreach Ministry International Unaudited Financial Statements For The Year Ended 31st December, 2024
The trustees present their report with the financial statements of the charity for the year ended 31st December, 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities' issued in July 2014.
STRUCTURE GOVERNANCE AND MANAGEMENT
Description of the charity’s trusts
Governing document: Trust deed The charity is a trust Trustee selection is by appointment
OBJECTIVES AND ACTIVITIES
The Charity’s objects are:
The advancement of the Christian Faith
The relief of poverty
The main activity of the charity is the establishment and maintenance of worship centres to enable the members of the public to participate in Christian worship. Making grants and donations to the needy.
ACHIEVEMENTS AND PERFORMANCE FOR THE PUBLIC BENEFIT
Over the past year, a series of impactful initiatives has served to deepen and strengthen the relationship between the charity and the wider community. The charity has remained committed to its mission of serving God and the community through worship, outreach, and practical support. In doing so, the church has made meaningful contributions to the spiritual and social well-being of its members, many of whom are drawn directly from the local community
RISK MANAGEMENT
Risk is reviewed periodically by the trustees, and significant changes or emerging risks are addressed promptly. The church remains committed to creating a safe, secure, and legally compliant environment in which to pursue its mission for the public benefit
The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees
Approved by order of the board of trustees on 3rd July, 2025 and signed on its behalf by:
Mr Derby Nii Amarh Ashitei For Trustees
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Triumphant Outreach Ministry International Balance Sheet
as at 31 December 2024
| Notes FIXED ASSETS Tangible assets 3 CURRENT ASSETS Debtors 4 Cash at bank and in hand CREDITORS Amounts Falling Due within one Year 5 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS Unrestricted Funds 6 Unrestricted Funds TOTAL FUNDS |
2024 2023 Unrestricted Funs Total Funds Total Funds £ £ 37,613 37,613 38,039 54,172 54,172 54,174 11,104 11,104 17,332 13,982 13,982 17,313 51,294 51,294 54,193 88,906 88,907 92,232 88,906 88,907 92,232 88,907 92,232 88,907 92,232 |
2024 2023 Unrestricted Funs Total Funds Total Funds £ £ 37,613 37,613 38,039 54,172 54,172 54,174 11,104 11,104 17,332 13,982 13,982 17,313 51,294 51,294 54,193 88,906 88,907 92,232 88,906 88,907 92,232 88,907 92,232 88,907 92,232 |
|---|---|---|
| 92,232 | ||
| 92,232 | ||
| 92,232 | ||
| 92,232 |
The financial statements were approved by the Board of Trustees on.................................... and were signed on its behalf by:
Approved by Board of Trustees
The Notes Form Part of These Financial Statements
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The Notes Form Part of These Financial Statements
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Triumphant Outreach Ministry International 31st December, 2024
Independent Examiner's Report
To the Trustees
I report on the accounts for the year ended 31st December, 2024 set out on pages 5 to 10.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. The charity's gross income does not exceed £250,000 and I am qualified to undertake the examination by being a qualified member of ACCA.
It is my responsibility to:
examine the accounts under Section 145 of the 2011 Act to follow the procedures laid down in the General Directions given by the Charity Commission (under Section l45(5)(b) of the 2011 Act); and to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
1) which gives me reasonable cause to believe that, in any material respect, the requirements which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or
2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Abiodun A Adeboyejo (FCCA,ACA,FAIA) Accountants 22A Sydenham Road London. SE26 5QW
Date................................................
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Triumphant Outreach Ministry International Statement of Financial Activities For The Year Ended 31st December, 2024
| Unrestricted Notes £ Income Resources Incoming Resources From Generated Funds Voluntary Income 1 138,850 Total Income Resources 138,850 Resources Expended Charitable Activities Physical & Spiritual Need 139,218 Governance Costs 2 2,956 Total Resources Expended 142,174 NET INCOMING RESOURCES (3,324) RECONCILATION OF FUNDS Total Funds Balances b/fwd 92,232 Total Funds Balances c/fwd 88,908 |
2024 Total Fund £ 138,850 138,850 139,218 2,956 142,174 (3,324) 92,232 88,908 |
2023 Total Fund £ 160,947 |
|
|---|---|---|---|
| 160,947 | |||
| 152,352 3,645 |
|||
| 155,997 | |||
| 4,950 87,282 |
|||
| 92,232 |
The Notes Form Part of These Financial Statements
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Triumphant Outreach Ministry International
Notes to the Financial Statementss for the year ended 31 December 2024
1 ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities (issued July 2014)
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
1 VOLUNTARY INCOME
| Tithes, Offering & Thanksgiving Other Income Other Grants 2 GOVERNANCE COSTS Accountancy |
2024 2023 £ £ 81,806 144,363 32,791 - 114,597 144,363 2024 2023 24,253 16,584 2024 2023 2,956 3,645 2,956 3,645 |
|---|---|
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Triumphant Outreach Ministry International
Notes to the Financial Statementss for the year ended 31 December 2024
3 Tangible fixed assets
| Church & Choir Equipments £ Cost At 1 January 2024 47,389 Additions 7,182 At 31 December 2024 54,571 Depreciation At 1 January 2024 17,350 Charge for the year 6,008 At 31 December 2024 23,358 Net book value At 31 December 2024 31,213 At 31 December 2023 30,039 4 Debtors : Amounts Falling Due within one year Other debtors 5 Creditors: amounts falling within one year Other Creditors 6 Movement in Funds At 01 01 24 £ Unrestrictedfunds General fund 92,232 TOTAL FUNDS 92,232 Net movement in funds, included in the above are as follows: Incoming Resources £ Unrestricted funds General fund 138,850 |
Plant and machinery etc Total £ £ 10,000 57,389 - 7,182 10,000 64,571 2,000 19,350 1,600 7,608 3,600 26,958 6,400 37,613 8,000 38,039 2024 2023 £ £ 54,173 54,174 54,173 54,174 2024 2023 £ £ 13,982 17,313 Net Movement In Funds At 31 12 2024 £ £ (3,325) 88,907 (3,325) 88,907 Resources Expended Movement in Funds £ £ 142,174 (3,324) |
|---|---|
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Triumphant Outreach Ministry International
Notes to the Financial Statementss for the year ended 31 December 2024
Total Fund
138,850 142,174
(3,324)
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Triumphant Outreach Ministry International Detailed Statement Of Financial Activities For The Year Ended 31st December, 2024
| INCOMING RESOURCES Tithes & Offering Other income Gift Aid Total Incoming Resources RESOURCES EXPENDED Charitable Activities Donations & Warfare Honorarium & Volunteer Travelling and subsistence Printing, postage & stationery Evangelical/outreach materials Church expenses Governance Costs Accountancy fees Professional charges Support Costs Management Rent & rates Light & heat Insurance Telephone & fax Repairs & Maintenance Software & IT Service Charges Security Motor expenses Equipments Expenses Advert Other Operating Exp - Cleaning Depreciation charge TOTAL RESOURCES EXPENDED NET INCOME |
2024 2023 Unrestricted Restricted Total Total Fund Fund £ £ £ £ 81,806.42 81,806.42 144,363.00 32,790.60 32,790.60 24,252.77 24,252.77 16,584.00 |
|---|---|
| 138,849.79 - 138,849.79 160,947.00 |
|
| 2,858.00 2,858.00 10,062.00 - - 1,000.00 379.00 379.00 956.00 172.00 172.00 1,358.00 - - - 45,259.00 45,259.00 42,490.00 |
|
| 48,668.00 - 48,668.00 55,866.00 |
|
| 2,956.00 2,956.00 3,645.00 - - - |
|
| 2,956.00 - 2,956.00 3,645.00 |
|
| 65,000.00 65,000.00 65,000.00 - - - 1,838.00 1,838.00 - 953.00 953.00 3,097.00 5,747.00 5,747.00 16,360.00 4,140.00 4,140.00 1,185.00 14.00 14.00 310.00 1,159.00 1,159.00 - 1,261.00 1,261.00 1,359.00 2,065.00 2,065.00 - - - 1,600.00 765.00 765.00 166.00 7,608.00 7,608.00 7,409.00 |
|
| 90,550.00 - 90,550.00 96,486.00 |
|
| 142,174.00 - 142,174.00 155,997.00 |
|
| 3,324.21 - - 3,324.21 - 4,950.00 |
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