TRUSTEES REPORT
The board of trustees submit their annual report together with their income and expenditure account for the year ending January 2024
GOVERNING DOCUMENT
Constitution adopted on 18[th ] July 2009
OBJECTIVES
Voice of Hope Ministry is an independent, non denominational Christian Church who presents and teaches the gospel of Jesus Christ. Voice Of hope Church objectives are:
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To advance the Christian religion for the benefit of the public in accordance with the Gospel of Jesus Christ.
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To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including the provision of counselling and support in such parts of the United Kingdom or the world as the trustees from time to time may think fit.
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To provide humanitarian aid to the needy.
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To lead willing people to the Church of Jesus Christ
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To help Christ loving people to grow as mature Christians
SUMMARY OF THE MAIN ACTIVITIES
Voice of Hope Ministry London has the following Ministry:
Pastoral Care Pastor Gloria Festejo Counseling and Ministering Pastor Gloria Festejo / Diana Martin Adriano Worship Ministry Christina Caberto Sunday School Diana Agullano / Denizel Manimtim Training Leaders Diana Martin- Adriano
Youth Ministry May Dala Cruz Administration Diana Martin-Adriano - Hazel Ann Tan Finance Diana Martin-Adriano
WORSHIP SERVICE
The Church Congregation meets regularly every Sunday for the Sunday Worship Service:
EAST - Divine Poower Christian Centre, Burke St. London, E16 1ET and by Facebook live from 1.30 PM to 3:30 PM.
CROYDON - Purley Scout Hall, 53-55 Purley Park Road, CR8 2BW
HOUSE GROUP
Voice of Hope Ministry has established four house groups led by a house group leader. The group meet for discipleship training on Intentional Moves by G12 guideline and fellowship to encourage, support and develop each other in any aspect of their Christian life.
YOUTH MINISTRY
The young people of Voice of Hope Ministry aged from 13 years old to 25 years old meet every Saturday evening from 7pm to 9pm at 13 Walton Road, London E16 9BW. The objective of the youth ministry is to encourage young people to be out of the street; to grow with the knowledge of Christ, to develop their gifts and talents, to reach out to the youth in our area of influence and to grow as confident matured Christians.
The Youth Ministry has the following activities:
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Dance and Music lead by May Dela Cruz and Christina Caberto
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Developing the potentians of Young people in playing musical instruments lead by Christina Caberto and May Dela Cruz
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Personal Development Training lead by Pastor Gloria
PRAYER GROUP
Voice of Hope Ministry has a Prayer Meeting every Wednesday By Zoom and face to face and by zoom, Flat 12 Acorn Court, 42 Bendish Road, London E6 !JY, from 7 pm to 9 pm and our Dawn Watch by Zoom 6am to 8am every Saturday.
HOSPITAL MINISTRY
Voice of Hope Ministry has a Hospital Ministry that visits sick people in their homes or hospital and provide moral support and prayers.
ACHIEVEMENTS AND PERFORMANCE
Voice of Hope Ministry is committed in reaching out to people in need regardless of race, belief and status in life without coercion into the saving knowledge of the Lord Jesus Christ. The Church started with a few members and now increasing in numbers.
The Youth Ministry continues to be strong. We have more than twenty youth who attend the Friday Youth Ministry. We believe that the Youth are the hope of the future generation. We teach them Christian values and various activities such as dancing, singing and playing games. We encourage young people to shine and cultivate their gifts and talents where we have Dance, Music and Sports and Personal Development Coaches to support their development.
Voice of Hope Ministry embrace International Discipleship and mentoring by G12 Vision.
FUTURE PLANS
Voice of Hope Ministry aspires to be more involved in the community work within East London especially with the Young People and the broken hearted that need help. We would like to have a permanent place to expand the Youth Ministry and generate funds to be able to expand the Youth Ministry and the people in need.
Evangelical out reach and conquest is our plans July to September 2024. Leafleting and street evangelism.
REGISTERED CHARITY NUMBER: 1191985
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 January 2024
for
Voice of Hope Ministry
Amos Accountancy & Bookkeeping Services 31 West Street Swadlincote Derbyshire DE11 9DN
Voice of Hope Ministry
Contents of the Financial Statements for the Year Ended 31 January 2024
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Statement of Financial Activities | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 to 7 |
| Detailed Statement of Financial Activities | 8 |
Voice of Hope Ministry
Report of the Trustees
for the Year Ended 31 January 2024
The trustees present their report with the financial statements of the charity for the year ended 31 January 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1191985
Principal address
1 Redwoods Canvey Island SS8 9LD
Trustees
Mrs G Festejo J Capitan Mrs D Martin Mrs H Austria M Palma
Approved by order of the board of trustees on ....27[th] August 2024.............................. and signed on its behalf by:
........................................................................ Trustee
Page 1
Voice of Hope Ministry
| Statement of Financial Activities | |||
|---|---|---|---|
| for the Year Ended 31 January 2024 | |||
| 31.1.24 | 31.1.23 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 32,967 | 34,325 | |
| EXPENDITURE ON | |||
| Raising funds | 2 | 34,126 | 32,848 |
| NET INCOME/(EXPENDITURE) | (1,159) | 1,477 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 2,830 | 1,353 | |
| TOTAL FUNDS CARRIED FORWARD | 1,671 | 2,830 |
The notes form part of these financial statements
Page 2
Voice of Hope Ministry
Balance Sheet
31 January 2024
| 31.1.24 | 31.1.23 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 1,671 | 2,830 | |
| NET CURRENT ASSETS | 1,671 | 2,830 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 1,671 | 2,830 | |
| NET ASSETS | 1,671 | 2,830 | |
| FUNDS | 5 | ||
| Unrestricted funds | 1,671 | 2,830 | |
| TOTAL FUNDS | 1,671 | 2,830 |
The financial statements were approved by the Board of Trustees and authorised for issue on ........27[th] August 2024..................................... and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
Page 3
Voice of Hope Ministry
Notes to the Financial Statements for the Year Ended 31 January 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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.
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.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. RAISING FUNDS
| Raising donations and legacies | ||
|---|---|---|
| 31.1.24 | 31.1.23 | |
| £ | £ | |
| Support costs | 14,049 | 10,808 |
| Investment management costs | ||
| 31.1.24 | 31.1.23 | |
| £ | £ | |
| Staff costs | 5,300 | 5,000 |
| Aggregate amounts | 34,126 | 32,848 |
continued...
Page 4
Voice of Hope Ministry
Notes to the Financial Statements - continued
for the Year Ended 31 January 2024
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 January 2024 nor for the year ended 31 January 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 January 2024 nor for the year ended 31 January 2023.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | ||
|---|---|---|
| fund | ||
| £ | ||
| INCOME AND ENDOWMENTS FROM | ||
| Donations and legacies | 34,325 | |
| EXPENDITURE ON | ||
| Raising funds | 32,848 | |
| NET INCOME | 1,477 | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 1,353 | |
| TOTAL FUNDS CARRIED FORWARD | 2,830 | |
| 5. | MOVEMENT IN FUNDS |
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At 1.2.23 | in funds | 31.1.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 2,830 | (1,159) | 1,671 |
| TOTAL FUNDS | 2,830 | (1,159) | 1,671 |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 32,967 | (34,126) | (1,159) |
| TOTAL FUNDS | 32,967 | (34,126) | (1,159) |
Page 5
continued...
Voice of Hope Ministry
Notes to the Financial Statements - continued for the Year Ended 31 January 2024
5. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | ||
|---|---|---|
| movement | At | |
| At 1.2.22 | in funds | 31.1.23 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 1,353 |
1,477 | 2,830 |
| TOTAL FUNDS 1,353 |
1,477 | 2,830 |
| Comparative net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 34,325 |
(32,848) | 1,477 |
| TOTAL FUNDS 34,325 |
(32,848) | 1,477 |
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.2.22 | in funds | 31.1.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 1,353 | 318 | 1,671 |
| TOTAL FUNDS | 1,353 | 318 | 1,671 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 67,292 | (66,974) | 318 |
| TOTAL FUNDS | 67,292 | (66,974) | 318 |
Page 6
continued...
Voice of Hope Ministry
Notes to the Financial Statements - continued
for the Year Ended 31 January 2024
6. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 January 2024.
Page 7
Voice of Hope Ministry
| Detailed Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 January 2024 | ||
| 31.1.24 | 31.1.23 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Tithes&Offering | 32,967 | 34,325 |
| Total incoming resources | 32,967 | 34,325 |
| EXPENDITURE | ||
| Other trading activities | ||
| Room Hire | 12,880 | 14,440 |
| Conference costs | - | 2,600 |
| Direct costs | 1,897 | - |
| 14,777 | 17,040 | |
| Investment management costs | ||
| Wages | 5,300 | 5,000 |
| Support costs | ||
| Management | ||
| Postage and stationery | 52 | 299 |
| Motor Expenses inc Fuel | 8,631 | 8,165 |
| 8,683 | 8,464 | |
| Finance | ||
| Subsistence | 1,038 | 354 |
| Telephone | 1,108 | 1,050 |
| 2,146 | 1,404 | |
| Information technology | ||
| Training | - | 57 |
| Gifts | 830 | 490 |
| Repairs and renewals | 1,601 | - |
| Computer & Media Costs | 239 | 393 |
| 2,670 | 940 | |
| Governance costs | ||
| Accountancy and legal fees | 550 | - |
| Total resources expended | 34,126 | 32,848 |
| Net (expenditure)/income | (1,159) | 1,477 |
This page does not form part of the statutory financial statements
Page 8
Voice of Hope January 2024
The charities trustees are responsible for the preparation of the accounts. The charities trustees consider that an audit is not required for this year under section 144(2) of the charities act 2011 and that an independent examination is needed.
It is my responsibility to
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Examine the accounts under section 145 of the 2011 Act
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To follow the procedures laid down in the general directions given by the charity commission under section 145(5) b of the 2011 Act; and
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State whether particular matters have come to my attention
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 accounts presented within 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 statement below.
In connection with my examination, no matters have come to my attention;
This gives me reasonable cause to believe that all material respects the requirements below:
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To keep accounting records in accordance with the section 130 of the 2011 Act; and
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To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
Full Name – Lisa Amos
Signature –
Professional Body or qualification - MAAT
Address – 31 West Street, Swadlincote, DE11 9DN
Date - 27/08/2024