Eternal Covenant Ministries Outreach Trustees' report and financial statement for the year ended 7 February 2024
Charity No: 1188211
Eternal Covenant Ministries Outreach Financial statements for the year ended 7 February 2024
| 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 2024
Charity No: 1188211
Eternal Covenant Ministries Outreach
Report of the trustee for the year ended 7 February 2024
The trustees present its report and financial statements for the year ended 7 February 2024
Legal and administrative information
| Charity name: | Eternal Covenant Ministries O |
|---|---|
| Charity registration number: 1188211 | |
| 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 |
Eternal Covenant Ministries Outreach
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Eternal Covenant Ministries Outreach
Report of the trustee for the year ended 7 February 2024
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 evaluates what we achieved and the outcomes of our work in the previous 12 months. It examines the success of each key activity and the benefits they have provided to the groups of people we are committed to supporting.
The review also ensures our aims, objectives, and activities remain focused on our stated purposes. We have referred to the guidance in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees assess how planned activities will contribute to the aims and objectives they have set.
The Focus of Our Work
Our main objectives for the year remained the advancement of the Christian faith and improving the living conditions of those in need. To achieve these objectives, we implemented the following strategies:
1. Weekly Church Services
- We provided weekly church services on Fridays and Sundays to minister to the physical, spiritual, emotional, and material needs of the congregation and the wider community.
2. Special Events and Meetings
We organised tailored events and meetings to address the specific needs of target groups within the church, including men, women, youth, and children.
3. Support for Members Facing Financial Hardship
We placed a strong focus on addressing the material needs of individuals and families experiencing financial difficulties, offering support to improve their living conditions.
4. Collaboration with Christian Agencies
We partnered with other Christian organisations and churches in London to advance the preaching of the Gospel and extend our reach within the community.
5. Pastoral Care
We offered pastoral care to both members of the church and others in the community, ensuring their emotional and spiritual well-being was prioritised.
6. Food and Essentials Distribution Programme
We implemented a food distribution programme to provide vital support to individuals and families in need within the community. This included distributing food, toiletries, and other essential household items to help alleviate immediate challenges and ensure basic needs were met.
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Eternal Covenant Ministries Outreach
Report of the trustees for the year ended 7 February 2024
How Our Activities Deliver Public Benefit
Our main activities and the people we aim to help are described below. All our charitable activities focus on the advancement of the Christian faith and the relief of poverty and sickness, ensuring public benefit through both spiritual and practical support.
Activities
a. Weekly Spiritual Support
We minister every week to the spiritual needs of the community through Bible study, prayer meetings, counselling sessions, and healing meetings, offering solace and guidance to those seeking faith and hope.
b. Outreach for Souls
As a ministry and church, our focus is on outreach, sharing the message of the Gospel to inspire and transform lives.
c. Food Distribution Programme
We actively run a food distribution programme to address the material needs of individuals and families in financial distress. Through this initiative, we provide essential food items, toiletries, and household necessities, ensuring that no one in the community is left without basic sustenance.
Who Used and Benefited from Our Services?
Our church services are designed with both regular congregants and visitors or seekers in mind. We aim to meet the physical, mental, and spiritual needs of all attendees, giving special consideration to newcomers or seekers who may lack a church background and might not be familiar with Christian practices.
Additionally, we have worked to alleviate poverty and hardship among both regular and irregular attendees experiencing financial difficulties. This includes those affected by unemployment and limited financial resources. Our food distribution programme, alongside our pastoral and financial support, has directly benefited vulnerable community members. This programme ensures those most in need have access to food and essential supplies, reducing the stress of financial insecurity.
Principal Funding Sources
The principal funding sources for the charity remain donations and gifts from congregants. Contributions are collected during church services through offerings and bank standing orders.
In the current year, trustees personally donated food items, toiletries, and household essentials, which were distributed to families and individuals in desperate need. Despite limited financial resources, our ministry successfully provided critical support to the most vulnerable members of the community, addressing immediate needs and relieving the pressures of poverty and hardship.
Through the combined efforts of spiritual outreach and practical support, we continue to deliver meaningful public benefit, in line with our charitable mission.
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Eternal Covenant Ministries Outreach
Report of the trustees for the year ended 7 February 2024
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 2024
2024 2023 Notes Unrestricted Restricted Total £ £ £ £ Incoming Resources Tithes, Offerings Similar Incoming Resources 2300 - 2300 1200 Education Grant - - Gift Aid Received - - Donations 1250 1250 2500 Total Incoming Resources 3550 0 3550 3700 Charitable Resources Expended Direct Charitable expenses 2 2850 - 2850 3200 - Management & Administration 4 600 600 300 - Total Resources expended 3450 3450 3500 Net Incoming Resources for the year 100 - 100 200 - Funds Brought Forward 0 0 0 Fund Balances carried forward 100 100 200
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 2024
2024 2023 Notes £ £ £ £ FIXED ASSETS - Tangible Fixed Assets - - - CURRENT ASSETS Cash in Hand/ Bank 350 984 350 984 CURRENT LIABILITIES Amount falling due within a year 5 250 350 NET CURRENT ASSETS 100 480 NET ASSETS 100 480 ACCUMULATED FUNDS Unrestricted 6 100 480 100 480 -
Approved by the Trustees and Signed on their behalf: