## **Trustees’ Annual Report for the period**
## **From 01/06/2024 Period start date To 20/6/24 Period end date**
## **Charity name: Goodnew International**
**Charity registration number: 1189925** 1189925
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**THE OBJECTS OF THE CIO ARE TO**
**ADVANCE THE CHRISTIAN FAITH FOR**
**THE PUBLIC BENEFIT IN ACCORDANCE**
**WITH THE STATEMENT OF BELIEFS**
**[AND PRACTICES] IN SANDWELL &**
**DUDLEY AREA AND IN SUCH OTHER**
**PARTS OF THE UNITED KINGDOM OR**
**THE WORLD AS THE CHARITY**
**TRUSTEES MAY FROM TIME TO TIME**
**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 CHARITY WORK**
**OF THE CHARITY.**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|**We have continued to offer prayer and**
**religious services which are open to the**
**public. These has been done on Zoom,**
**Facebook and physical locations**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**Yes**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment
including program related investment Para 1.38 Contribution made by volunteers Other
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**Our faith meetings continue to uplift the**
**spirits and minds of our participants. The**
**minister in charge (Dr Jude Ihugba) has**
**also taken a more itinerant ministry due**
**to restriction with physical location.**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|
Achievements against
objectives set|
Para 1.41||
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
other
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**Expenditure is less than 3000 and public**
**donations are minimal. Please see bank**
**statements**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22||
|Amount of reserves held|Para 1.22||
|Reasons for holding zero
reserves|Para 1.22||
|Details of fund materially in
deficit|Para 1.24||
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23||
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47||
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust deed**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25||
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|
Policies and procedures
adopted for the induction and
training of trustees|
Para 1.51||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
|Charity name|Goodnews International|
|---|---|
|Other name the charity uses||
|Registered charity number|1189925|
|Charity’s principal address|9 Jevons Drive Tipton DY4 7PW|
|||
**Names of the charity trustees who manage the charity**
|1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||Jude C Ihugba|Chair|||
||Mgbechi Okeama
Ihugba||||
||Chioma Munonyedi||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||
– Corporate trustees names of the directors at the date the report was approved
**Director name**
Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
This submission has been approved by the trustees. The charity has no property over 500 (public system inlcuding mics). Minimal expenditure due to not renting and moving towards mobile ministry.
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** Cjihugba **Full name(s)** Jude Chigozie Ihugba
**Position (eg Secretary,** Chair **Chair, etc)**
**Date**
20/12/24
**Account No Sort Code Page No** 79993567 60-03-30 1 of 2
**Account Name** GOODNEWS INTERNATIONAL BUSINESS CURRENT
## **Current Account**
DR JUDE CHIGOZIE IHUGBA GOODNEWS INTERNATIONAL 9 JEVONS DRIVE TIPTON WEST MIDLANDS DY4 7PW
|**Current Account**
|**Current Account**
|
|---|---|
|**Summary**
||
|**Statement Date**
|29 DEC 2023
|
|**Period Covered**
|02 DEC 2023 to 29 DEC 2023
|
|**Previous Balance**
|£1,545.99
|
|**Paid In**
|£27.50
|
|**Withdrawn**
|£402.99
|
|**New Balance**
|£1,170.50
|
|**BIC**
|NWBKGB2L
|
|**IBAN**
|GB23NWBK60033079993567
|
## **Welcome to your new look NatWest Statement**
Why file and store your statements when we can do it for you? Manage your statements online at **www.natwest.com** If you have changed your address or telephone number please let us know.
|Why file and store your statements when we can do it for you? Manage your statements online at**www.natwest.com**
If h hd dd tlh b l lt k|Why file and store your statements when we can do it for you? Manage your statements online at**www.natwest.com**
If h hd dd tlh b l lt k|Why file and store your statements when we can do it for you? Manage your statements online at**www.natwest.com**
If h hd dd tlh b l lt k|Why file and store your statements when we can do it for you? Manage your statements online at**www.natwest.com**
If h hd dd tlh b l lt k|Why file and store your statements when we can do it for you? Manage your statements online at**www.natwest.com**
If h hd dd tlh b l lt k|Why file and store your statements when we can do it for you? Manage your statements online at**www.natwest.com**
If h hd dd tlh b l lt k|Why file and store your statements when we can do it for you? Manage your statements online at**www.natwest.com**
If h hd dd tlh b l lt k|
|---|---|---|---|---|---|---|
|you ave cange your aress or eepone numer pease e us now.
|||||||
|**Date**
|**Description**
|**P**|**aid In(£)**
**Withd**
|**rawn(£)**
**B**
|**alance(£)**||
|02 DEC 2023
BROUGHT FORWARD
1,545.99
|||||||
|07 DEC
|
OnLine Transaction To A/C 388
Xfer
|41134 IHUGBA JC Via Mobile
||100.00
|1,445.99
||
|13 DEC
Direct Debit STRIPE AQKTSAJB-ISINGWORS
12.99
1,433.00
|||||||
|18 DEC
|
Automated Credit M IHUGBA O
400000001263317047
|FFERING FP 16/12/23 1020
|7.50
||1,440.50
||
|21 DEC
OnLine Transaction From A/C 38841134 IHUGBA JC Via
Mobile Xfer
20.00
1,460.50
|||||||
||OnLine Transaction To A/C 388
Xfer Malt drink fd
|41134 IHUGBA JC Via Mobile
||20.00
|1,440.50
||
|27 DEC
OnLine Transaction TAIWO ADEYEMI FOOD VIA MOBILE -
LVP FP 23/12/23 10 53160359334229000N
270.00
1,170.50
|||||||
||||||||
National Westminster Bank Plc. Registered in England & Wales No.929027. Registered Office: 250 Bishopsgate, London, EC2M 4AA. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
RETSTMT - V107 27/10/23
**Account Name Account No Sort Code Page No** GOODNEWS INTERNATIONAL 79993567 60-03-30 2 of 2 BUSINESS CURRENT
|**Take control of your finances**
Stay on top of your finances with our digital banking services.
To apply, visit
**www.natwest.com/mobile**
or to register for**Online Banking**
, visit
**www.natwest.com/online**
App is available to personal and business customers aged 11+ using
compatible iOS and Android devices and a UK or international mobile in
specific countries
|**Switching to paperless statements**
By switching to paperless statements if applicable, you could cut down on
the clutter and reduce paper waste.
For more information, visit
**www.natwest.com/paperless**
You can change your paperless preferences in**Online Banking**
,
by selecting the**Paperless Settings**
option
|
|---|---|
|**Need help with your finances**
Whether you want to set up a savings goal to fund your dreams or make a financial plan for the future, we're here to help with our free financial health
check.
To find out more visit:
**www.natwest.com/financial-health-check.html**
||
|**Statement Abbreviations**
N-S TRN FEE = Non Sterling Transaction Fee
VRATE = Variable Payment Scheme Exchange Rate
OD = Overdrawn
||
|**How to contact us**
Message Us via the mobile app
Ask Cora, our digital assistant at:
**www.natwest.com**
24hr Lost/Stolen Cards:
**0370 600 0459**
24hr Fraud Helpline:
**0345 742 4365 (outside uk- 0044 289 8033)**
**If you're a Business Customer:**
24/7 Business banking support - 0345 711 4477 (Outside the UK +44 870 511 4477)
Find useful contact information visit on our 'contact us' page:
**https://www.natwest.com/business/support/contact-numbers.html**
Reporting online banking transactions, payments or scams - 0345 711 4477 (Outside the UK - +44 345 711 4477)
**Or, if you're a Commercial, Corporate & Institutional customer:**
Please contact your local sector service team or your relationship manager.
To use Relay UK, add 18001 in front of the numbers above.
Branch Address:**Merry Hill Centre Branch, Merry Hill Centre, Brierley Hill, West Midlands, DY1 1LW.**
||
|**Important information about compensation arrangements**
Your deposit is eligible for protection under the Financial Services Compensation Scheme (FSCS).
Your eligible deposits with Natwest are protected by the Financial Services Compensation Scheme. This means that all deposits with one or more of
National Westminster Bank Plc, NatWest Premier, Ulster Bank and Mettle are covered under the same FSCS limit. An FSCS Information Sheet and list of
exclusions will be provided to you on an annual basis. For further information about the compensation provided by the FSCS, refer to the website:
**www.FSCS.org.uk**
||
|**Dispute Resolution**
If you have a problem with your agreement, please try to resolve it with us in the first instance. If you are not happy with the way in which we handled
your complaint or the result, you may be able to complain to the Financial Ombudsman Service. If you do not take up your problem with us first you will
not be entitled to complain to the Ombudsman. We can provide details of how to contact the Ombudsman.
If you need to contact us about a complaint, you can:
●
Message Us via the mobile app
●
Visit
**www.natwest.com/complaints**
●
Telephone 03457 888 444 (to use Relay UK add**18001**
in front of the number)
||
|**For a Braille, large print or audio versions of your statement**
**call 03457 888 444 or contact your local branch**
**(to use Relay UK add 18001 in front of the number).**
||