# **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 1 ## **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** 1 ## **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 2 - The Notes Form Part of These Financial Statements 3 ## **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................................................ 4 ## **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 5 ## **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| |---|---| 6 ## **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**
**£**
Unrestricted**funds**
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)| |---|---| 7 ## **Triumphant Outreach Ministry International** **Notes to the Financial Statementss for the year ended 31 December 2024** Total Fund 138,850 142,174 (3,324) 8 ## **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**| 9