Trustees’ annual report for the period
From: 1 August 2022 To: 31[st] July 2023
Charity name: GIDEON CHRISTIAN MINISTRIES
Charity registration number: 1197132
Company number:
Objectives and activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The purpose of Gideon Christian Ministries is to enable as many people as possible to worship and to become member of the Christian community in England and in such parts of the United Kingdom or the world. The aim of GCM is to ensure that our services, worship, teaching and events put faith into practice through, prayer, music and the Holy Bible. |
| 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 |
The activities that the charity undertakes includes providing Christian education to any person, including children through: - Preaching the Gospel - Bible Study / Training of Disciples - Radio and Television teachings - Remote/Social Media teachings through internet - Proselytise (Evangelism) Due to the pandemic the primary focus has been to ensure that the charity’s facilities are available to those in the community in order to promote good relationships between the charity and the local community and as a Christian witness. Furthermore, through this, we are able to support for the community during/post Covid pandemic and more recently, as people ad families face cost of living crisis. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity |
Para 1.18 | We can confirm that the trustees have regard to the guidance issued by the Charity Commission on public benefit. In this regard the trustees also take into |
Commission on public benefit
account the benefit to the public when making decision and to submit a report on how those benefits have been carried out.
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | Making grant does not form a material part of GCM’s charitable activity. The organisation has not made any grant. |
| Policy on social investment including program related investment |
Para 1.38 | Not applicable |
| Contribution made by volunteers |
Para 1.38 | All the financial donations to GCM are voluntarily given by members of the church. Additionally, some members donated, food and gifts during the Covid pandemic and towards the alleviating the cost of living crisis in the community. There is no external donors towards the church’s activities. |
| Other | Not applicable. |
Achievements and performance
| 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 | The main achievements of the charity has been in the support that it has been given to the community during the cost-of living crisis. GCM held an event in the Church where many in the community were invited and in Clissold Park London, to evangelise and promote the Christian faith. The aim of the events is to aimed at improving the relationships between children and parents in the wider community through meaningful social interactions. |
|---|---|---|
Additional information (optional)
You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | GCM continues to promote the Christian faith through the regular Church Service on Sunday, Bible Study/Teaching every Tuesday, Prayer meeting every day, Evangelism every month. GCM also offer food every week to members and the community |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | Due to the understanding of the economic challenges in the community, the church has not held a fundraising activity but rely on donations (Tithes/Offering) made by members to support the church activities. |
| Investment performance against objectives |
Para 1.41 | Not applicable |
| Other |
Financial review
| Financial review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Donations have reduced by 28% compared to the previous year. This is mainly due to reduction in the number of members and the fact that post COVID attendance in the church has reduced due to a significant number of people connecting to service on ZOOM. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | It is GCM policy to maintain a balance on unrestricted funds (if possible), which equates to at least six months unrestricted payments, equivalent to £2000.00 to cover emergency expenditures that may arise from time to time. The balance of £1725.10 held on unrestricted funds, after designations, at the year-end did not match this target. |
| Amount of reserves held | Para 1.22 | The balance of £4706.00 in the restricted fund is retained to cover the Building Rent (£4400.00) and the Women and Children Account Deposits (£360.00). |
| Reasons for holding zero reserves |
Para 1.22 | Not applicable |
| Details of fund materially in deficit |
Para 1.24 | None |
Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern
The continued reduction in membership and potential increase in expenditure
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 | The principal source of funding is donations by members in the form of; - Tithes - Offering and/or Special Offering |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | Not applicable |
| A description of the principal risks facing the charity |
Para 1.46 | The following are the potential risks that the church may encounter are: Continued reduction is the number of members is likely to affect the donations to the church Increase in rent or other expenditure will reduce charitable activities to the community |
| Other |
Structure, governance and management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document: for example,trust deed, memorandum and articles of association etc |
Para 1.25 | The method of appointment of GCM members is set out in the GCM Constitution |
| How is the charity constituted? for example limited company, 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 | Any one member or minister of GCM or a minister of a church comprising the body known as Evangelical or Penticostal churches or nominated such a minister and who is 16 years old or above can be a Trustee. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the Church. |
Additional information (optional) You may choose to include further statements where relevant about:
Para 1.51 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 Other
Reference and administrative details
| Charity name | Gideon Christian Ministries |
|---|---|
| Other name the charity uses | GCM |
| Registered charity number | 1197132 |
| Charity’s principal address | 8 St Andrews Mews, Dunsmure Road, London N16 5HX |
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) |
|---|---|---|---|---|
| Mufutau Durowoju | Chair | 16/10/22 | Members | |
| Afolawewo Olawoyin |
Trustee | 14/12/21 | Members | |
| Adebukola Adedoyin |
Trustee | 14/12/21 | Members | |
| Leanne Ezomo Sankey |
Treasurer | 14/12/21 | Members | |
| Tola Omowunmi Durowoju |
Trustee | 14/12/21 | Members | |
| Corporate trustees–names of the directors at the date the report was approved | Corporate trustees–names of the directors at the date the report was approved |
|---|---|
| Director name | |
| N/A | N/A |
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year |
|---|---|
| N/A | N/A |
Funds held as custodian trustees on behalf of others
Description of the assets None 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 company has taken advantage of the small companies’ exemption in preparing the report above.
The trustees declare that they have approved the trustees’ report (including directors’ report) above.
Signed on behalf of the charity’s trustees/directors
Signature(s) Full name(s) Mufutau Durowoju Position (for example Chair Secretary, Chair, etc) Date 14th April 2024
Gideon Christian Ministries (GCM)
Trustees Annual Report 2023
(1[st] August 2022 – 31[st] July 2023)
Charity Name: Gideon Christian Ministries (GCM)
Registered Charity No: 1197132
Charity’s registered address: 8 St Andrew’s Mews, Dunsmure Road, Stamford Hill London N16 5HX
Charity Trustees
Name
Office
Date appointed
Mr Mufutau Durowoju Chair 16[th] October 2022 Mrs Afolawewo Modupe Olawoyin Secretary 14[th] December 2021 Mrs Leanne Ezomo Sankey Treasurer 14[th] December 2021 Mrs Tola Omowunmi Durowoju Trustee 14[th] December 2021 Ms Adebukola Adedoyin Trustee 14[th] December 2021
The Charity is a Charitable Incorporated Organisation (Foundation) registered on 14[th] December 2021
OBJECTIVES
Summary of the objects of the charity as set out in the governing document.
The objects of the CIO are to advance the Christian Faith for the benefit of the public in accordance with the Statement of beliefs (and practices) in the Schedule hereto in England and in such parts of the United Kingdom or the world as the charity trustees may from time to time think fit, through bible teaching, proselytising and give donations (financial or in kind).
Registered Charity Number: 1197132
GIDEON CHRISTIAN MINISTRIES (GCM) ANNUAL ACCOUNT 1[st] August 2022 - 31[st] July 2023
| Receipts | 2023 (£) |
2023 (£) |
2022 (£) |
|
|---|---|---|---|---|
| Tithes & Offering - Donations | 6598.49 | 22,429.29 | ||
| Special Offering - Donations | 0.00 | 0.00 | ||
| Children Account - Donations | 6.00 | 0.00 | ||
| Women Account - Donations | 608.98 | 0.00 | ||
| Building Account - Donations | 8795.72 | 0.00 | ||
| GIM TV Programme | 250.00 | 275.00 | ||
| Savings Interest | 52.37 | 0.00 | ||
| Total Revenue | 16,311.56 | 22,704.29 | ||
| Payments | ||||
| **Bank Service Charge ** | 10.00 | 0.00 | ||
| Charity | 1250.00 | 2,025.00 | ||
| Church Vehicle | 265.00 | 11,452.79 | ||
| Church Events | 697.00 | 700.00 | ||
| Church Items | 0.00 | 0.00 | ||
| Ministry Gifts | 200.00 | 540.00 | ||
| GIM TV Programme | 250.00 | 0.00 | ||
| Music Instrument/ Equipment | 1463.00 | 0.00 | ||
| Office Supplies | 179.4 | 0.00 | ||
| Postage and Delivery | 0.00 | 0.00 | ||
| Printing and Reproduction | 0.00 | 0.00 | ||
| Rent | 5720.04 | 5,921.71 | ||
| Travel | 0.00 | 57.00 | ||
| Telephone | 265.24 | 208.44 | ||
| Website | 553.43 | 476.44 | ||
| ZOOM Conference Call | 177.48 | 172.68 | ||
| Total Expenses | 11,030.59 | 21,554.68 | ||
| Net of Receipts/Payments | 5,280.97 | 1,150.13 | ||
| 2023 | 2022 | |||
| Cash Funds last year end | £1,150.13 | £0.00 | ||
| Cash Fund this year end | £6,431.10 | £1,150.13 |
15[th] August 2023
Page | 10
GCM Accounts (2022-2023)
Registered Charity Number: 1197132
STATEMENT OF ASSETS AND LIABILITIES (1[st] AUGUST 2022 – 31[st] JULY 2023)
| 2023 | 2022 | |||||
| Unrestricted Funds (£) |
Restricted Funds (£) |
Total Funds (£) |
Unrestricted Funds (£) |
Restricted Funds (£) |
Total Funds (£) |
|
| Petty Cash | 50.00 | 0.00 | 50.00 | 0.00 | 0.00 | 0.00 |
| Cash Account |
1675.10 | 0.00 | 1675.10 | 710.13 | 0.00 | 710.13 |
| Rent Deposit held |
0.00 | 400.00 | 400.00 | 0.00 | 400.00 | 400.00 |
| Building Funds |
0.00 | 4000.00 | 4000.00 | 0.00 | 0.00 | 0.00 |
| Women Account |
0.00 | 300.00 | 300.00 | 0.00 | 0.00 | 0.00 |
| Children Account |
0.00 | 6.00 | 6.00 | 0.00 | 0.00 | 0.00 |
| TOTAL FUNDS |
1,725.10 | 4,706.00 | 6,431.10 | 710.13 | 400.00 | 1,150.13 |
15[th] August 2023
Page | 11
GCM Accounts (2022-2023)
Registered Charity Number: 1197132
Signed on behalf of all the Trustees
Signature CHAIR (Gideon Christian Ministries)
MUFUTAU DUROWOJU
Print name
29[th] September 2023
Date
15[th] August 2023
Page | 12
GCM Accounts (2022-2023)