Eternal Covenant Ministries Outreach Trustees' report and financial statement for the year ended 7 February 2023
Charity No: 1188211
Eternal Covenant Ministries Outreach Financial statements for the year ended 7 February 2023
| Contents | Page |
|---|---|
| Legal and Administrative Information | 1 |
| Report of the Trustees | 2-5 |
| Statement of financial activities (including Income and expenditure | 7-8 |
| account) |
Eternal Covenant Ministries Outreach Trustees' report and financial statement for the year ended 7 February 2023
Charity No: 1188211
Eternal Covenant Ministries Outreach
Report of the trustee for the year ended 7 February 2023
The trustees present its report and financial statements for the year ended 7 February 2023
Legal and administrative information
Charity name:
Eternal Covenant Ministries Outreach
Charity registration number: 1188211
| Registered office and operational address: | Registered office and operational address: |
|---|---|
| 25 Perryman House | |
| 100 The Shaftesburys | |
| BARKING | |
| IG11 7LA | |
| Trustees: | Deborah Akinde |
| Esther Obaleye | |
| Samuel Olukayode Aina | |
| Omolola Lawal | |
| Elizabeth Ebun Briggs | |
| Accountants: | Novelty Business Solution |
| Suite 124, | |
| Island Business Centre | |
| 18-36 Wellington Street | |
| Woolwich | |
| London SE18 6PF | |
| Bankers Details: | Metro Bank |
| One Southampton Row | |
| London WC1B 5HA |
Page 1
Eternal Covenant Ministries Outreach
Report of the trustee for the year ended 7 February 2023
Our aims and objectives
Purposes and aims
The objects of the charity:
To advance the Christian faith in accordance with the statement of faith in such ways and in such parts of the United Kingdom or the world as the trustees from time to time may think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the church.
Ensuring our work delivers our aims
We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help.
ensure The review also helps us our aims, objectives and activities remain focused on our stated purposes. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.
The focus of our work
Our main objectives for the year continued to be the advancement of the Christian religion and to strive to improve the living condition of the needy. The strategies we applied to meet these objectives included:
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Provision of weekly church services on Fridays and Sundays to minister to the physical, spiritual, emotional and material needs of the congregation and the community.
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Provision of special events and meetings to meet the specific needs of target groups in the
church such as men, women, youth and children.
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Focusing on the material needs of certain members undergoing difficult financial situations.
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Working with other Christian agencies and churches in London to advance the preaching of the gospel
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Provision of pastoral care for the members and other members of the community
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Distribution of food, toiletries and other household essentials to families in need within the community.
Page 2
Eternal Covenant Ministries Outreach
Report of the trustees for the year ended 7 February 2023
How our activities deliver public benefit
Our main activities and who we try to help are described below. All our charitable activities focus on the advancement of the Christian religion and the relief of poverty and sickness.
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a. Ministering every week to the spiritual needs of the people through bible study, prayer meetings, counselling sessions and healing meetings.
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b. Our focus as a ministry and church is the outreach for souls.
Who used and benefited from our services?
Our church services arc presented with both the regular congregants and the visitors or seekers in mind. We minister to the physical, mental and spiritual needs of the members in our services giving specific consideration to the seekers or newcomers in our midst who may not necessarily have a church background and as such may not understand the processes and procedures of Christianity.
are We have also helped relieve poverty and hardship amongst both regular and irregular congregants who suffering from a period of financial hardship due to unemployment and lack of financial resources.
Principal funding sources
The principal funding sources for the charity are currently by way of Donations and Gifts from congregants through the offering basket passed during Church services and through bank standing orders. In the current year Trustees donated food items, toiletries and other household essentials that was distributed to those who are in desperate need. As a ministry with no income or support we were able to support and relieve the stress that the most vulnerable members of the community where faced with through the providing for them food items, toiletries and other household essentials.
Page 3
Eternal Covenant Ministries Outreach
Report of the trustees for the year ended 7 February 2023
Members of the board of trustees
Members of the Board of Trustees, and trustees for the purpose of charity law, who served . during the year and up to the date or this report arc set out on page 1
In accordance with charity law, as trustees, we certify that:
So far as we are aware, there is no relevant information of which the company's accountants are unaware; and as the trustees of the charity we have taken all steps that we ought to have taken ' s in order to make ourselves aware of any relevant information and to establish that the Charity accountants are aware of that information.
This report has been prepared,
: By order of trustees
Deborah Akinde Chairman Trustees
Eternal Covenant Ministries Outreach Statement of Financial Activities for the period ended 7 February 2023
2023 2022 Notes Unrestricted Restricted Total £ £ £ £ Incoming Resources Tithes, Offerings Similar Incoming Resources 1200 - 1200 0 Education Grant - 0 Gift Aid Received - 0 - Donations 2500 2500 Total Incoming Resources 3700 0 3700 0 Charitable Resources Expended Direct Charitable expenses 2 3200 - 3200 0 - Management & Administration 4 300 300 0 - Total Resources expended 3500 3500 0 Net Incoming Resources for the year 200 - 200 0 - Funds Brought Forward 0 0 0 Fund Balances carried forward 200 200 0
All disclosures relate to the continuing operations. There are no recognised gains or losses other than those disclosed above.
Eternal Covenant Ministries Outreach Balance sheet as at 7 February 2023
2023 2022 Notes £ £ £ £ FIXED ASSETS - Tangible Fixed Assets - - - CURRENT ASSETS Cash in Hand/ Bank 984 0 984 0 CURRENT LIABILITIES Amount falling due within a year 5 350 0 NET CURRENT ASSETS 480 0 NET ASSETS 480 0 ACCUMULATED FUNDS Unrestricted 6 480 0 480 0 -
Approved by the Trustees and Signed on their behalf:
Deborah Akinde Chairman Trustees