Trustees’ Annual Report for the period
From 01/09/2022 Period start date To 31/08/2023 Period end date
Charity name: OVERCOMERS MINISTRY
Charity registration number: 1194602
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The main objective of the charity is for the benefit of the public: to advance the Christian faith in accordance with the statements of beliefs in such ways as the trustees from time to time may think fit. |
| 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 provide food to vulnerable people - We provide cloth to poor people - We pay medical dues to the poor people - We pay scholarship to bright poor student |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Yes, the Trustees have had regard to the guidance issue by the charity Commission on public benefit |
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 | As l ministry, we have successfully given scholarships to children who would not have had the opportunity to start primary school. We have helped to pay for successful operations and medication for vulnerable people in Nigeria. We have successfully supported people with rent arrears from getting evicted. We helped families with children with food and other groceries. We have also helped to buy clothes and shoes for children in vulnerable families. We have supported missionaries building projects for widows and orphanages. |
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 | We always review the financial position. |
| 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 | We have £2111.00 in our current account. We spend money only to help the poor people whenever needed and funds are available. |
| 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 is no issue regarding going concern of the charity |
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: |
The Charity’s Trusts is solely for the benefit of poor people. |
|
|---|---|---|
| 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 | Trustees are appointed in the Trust Deed. Deeds are also executed to appoint or remove trustees while the trust is ongoing. |
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 | OVERCOMERS MINISTRY |
|---|---|
| Other name the charity uses | N/A |
| Registered charity number | 1194602 |
| Charity’s principal address | 72 QUEEN Adelaide Court Penge, SE20 7EA |
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) |
|---|---|---|---|---|
| Mr Thomas Aigbefoh |
||||
| Segun Akinnuwa | ||||
| Frances Ihenyen | ||||
| Bunmi Agbaje | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name Thomas Aigbefoh
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| N/A | ||
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
N/A
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) T. Aigbefoh Full name(s) Mr Thomas Aigbefoh
Position (eg Secretary, Chair Chair, etc)
Date
30/06/2023
| Overcomers Ministry |
Overcomers Ministry |
Overcomers Ministry |
No (if any) | CC16a | |
|---|---|---|---|---|---|
| For the period from |
9/1/2022 | To | 8/31/2023 | ||
| Section A Receipts and payments | |||||
| A1 Receipts Members' Subscriptions 16,903 - - - - - - - 16,903 - - Sub total - Total receipts 16,903 A3 Payments Grant Paid to Poor Vulnerable People 15,433 Telephone 609 Accountancy 500 - - - - - - Sub total 16,542 - - Sub total - Total payments 16,542 Net of receipts/(payments) 361 A5 Transfers between funds - A6 Cash funds last year end 1,750 Cash funds this year end 2,111 Unrestricted funds to the nearest £ Sub total(Gross income for AR) A2 Asset and investment sales, (see table). A4 Asset and investment purchases, (see table) |
to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Restricted funds |
to the nearest £ Endowment funds |
Total funds to the nearest £ 16,903 - - - - - - - 16,903 - - - 16,903 15,433 609 500 - - - - - - 16,542 - - - 16,542 361 - 1,750 2,111 |
Last year to the nearest £ |
|
| - | 16,903 | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | 16,903 | - | |||
| - | - | ||||
| - | - | - | |||
| - | - | - | |||
| - | 16,903 | - | |||
| - | 15,433 | - | |||
| - | 609 | - | |||
| - | 500 | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | - | - | |||
| - | 16,542 | - | |||
| - | - | ||||
| - | - | ||||
| - | - | - | |||
| - | 16,542 | - | |||
| - | - | 361 | - | ||
| - | - | - | - | ||
| - | - | 1,750 | - | ||
| - | - | 2,111 | - |
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | |
|---|---|---|---|
| Categories B1 Cash funds B2 Other monetary assets B3 Investment assets B5 Liabilities B4 Assets retained for the charity’s own use Signed by one or two trustees on behalf of all the trustees |
Details Details Details Details Details Signature T. Aigbefoh Total cash funds (agree balances with receipts and payments account(s)) |
to nearest £ to nearest £ 2,111 - - - - - 2,111 - OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Mr Thomas Aigbefoh Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional) |
to nearest £ Endowment funds |
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| to nearest £ Endowment funds |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| T. Aigbefoh | Mr Thomas Aigbefoh | 6/30/2024 | |