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2021-12-31-accounts

Trustees’ Annual Report for the period

From 6[th] May Period start date To 31[st] Dec 2021 Period end date

Charity name: Descendants of David Ministries

Charity registration number: 1194349

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 To advance the Christian religion in England for
the benefit of the public through the holding of
prayer meetings, lectures, public celebration of
religious festivals, and through producing and/or
distributing literature, music, films and other
forms of media on Christianity to enlighten
others about the Christian religion
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
Descendants of David Ministries work to
advance religion through practical mean
which enables the participants to be
actively involved in learning
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The charity affirms that it exists and will
operate exclusively for charitable
purposes for the benefit of the public
and to further it’s cause in so doing by
her activities and decisions in
accordance with the charity
commission’s guidance.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference N/A Para 1.38 Policy on grant making N/A Para 1.38 Policy on social investment including program related investment N/A Para 1.38 Contribution made by volunteers

Other N/A

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 For the period of assessment, the
Charity did not partake in any programs

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41 N/A
Performance of fundraising
activities against objectives
set
Para 1.41 N/A
Investment performance
against objectives
Para 1.41 N/A
Other N/A

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 The current balance held if from
contributions received
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 N/A
Amount of reserves held Para 1.22 N/A
Reasons for holding zero
reserves
Para 1.22 N/A
Details of fund materially in
deficit
Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 There are not material uncertainties

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 N/A

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other

Reference and Administrative details

Charity name Descendants of David Ministries
Other name the charity uses N/A
Registered charity number 1194349
Charity’s principal address 14 Spire View Holbeach,
PE 12 7FA

Names of the charity trustees who manage the charity

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Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Oluseyi Ajayi
Rasaq Ibrahim
Ekundayomi
Afolakemi

– 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 N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A 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

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
Rasaq Ibrahim

Chairman
18thOct 2022
18thOct 2022

Descendants Of David Ministries

SC 08-71-99 Acc 05463052

STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 DEC 2021

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2021
FUNDS RECEIVED (1) 119
OPERATIONAL COSTS
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0

Other Costs

Bank Charges 10 10 Surplus For The Year 109

Approved by: Oluseyi Ajayi 18th Oct 2022

1

STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 DEC 2021

Turnover
Operational Costs
Other Costs
Surplus/(Deficit)
Taxation
Surplus
Balance Brought Forwad
Balance Carried Forwad
2021
119
0
10
109
0
109
109

Approved by: Oluseyi Ajayi 18th Oct 2022

2

BALANCE SHEET AS AT 31 DEC 2021

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2021
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Fixed Assets - NBV

CURRENT ASSETS

Debtors(11a)
Bank Accounts
CURRENT LIABILITIES
Creditors
Bank Overdraft
NET ASSETS
FUNDS OF THE CHARITY
Unrestricted Funds
109
109
0
0
109
109
109
109

Approved by: Oluseyi Ajayi 18th Oct 2022

3