Trustees’ Annual Report for the period
From: 1st August 2023 To: 31[st] July 2024
Charity name: Gideon Christian Ministries
Charity registration number: 1197132
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 members of the Christian community in England and in such parts of the United Kingdom or the world. GCM aims 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 include 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 the internet - Proselytise (Evangelism) Following the COVID pandemic, the primary focus has been to ensure that the charity’s facilities are available to those in the community to promote good relationships between the charity and the local community and as a Christian witness. Furthermore, we are offering a food bank to the community to reduce the impact of the increased cost of living. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | We can confirm that the trustees have taken into account the guidance issued by the Charity Commission on public benefit. The trustees also consider the benefits to the public when deciding and |
submit a report on how those benefits have been implemented.
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | Making a grant does not form a material part of GCM’s charitable activity. The organisation has not made any grants. |
| Policy on social investment including program related investment |
Para 1.38 | Not applicable |
| Contribution made by volunteers |
Para 1.38 | Church members voluntarily donate all financial contributions to GCM. Additionally, some members donated food and gifts to the food bank to alleviate the increased costs on the community. There are no external donors towards the church’s activities. |
| Other | Not applicable. |
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 | The charity's main achievements have been its support of the community during the cost-of-living crisis. However, we have been unable to hold any significant events due to budget constraints. These events are typically designed to enhance the relationships between children and parents in the community through meaningful social interactions. |
| Additional information (optional) You may choose to include further statements |
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 our understanding of the economic challenges in the community. The church has not held a fundraising activity but relies on donations (Tithes/Offerings) made by members to support the church’s activities. |
| Investment performance against objectives |
Para 1.41 | Not applicable. |
| Other |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Donations have reduced by approximately 60% compared to the previous year. This is primarily due to a decline in membership numbers and the fact that post-COVID attendance at the church has decreased, as a significant number of people now connect with the church services via Zoom. A programme to increase our evangelism has started to increase the number of members. |
|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | It is GCM policy to maintain a balance of unrestricted funds (if possible), which equates to at least six months of unrestricted payments, equivalent to £2,000.00, to cover emergency expenditures that may arise from time to time. |
| Amount of reserves held | Para 1.22 | The balance of £2,090.80 in the restricted fund is retained to cover the |
| building rent and the Women and Children Account deposits. |
||
|---|---|---|
| Reasons for holding zero reserves |
Para 1.22 | Not applicable |
| Details of fund materially in deficit |
Para 1.24 | None |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | The continued reduction in membership and a 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: - Continued reduction in the number of members is having an impact on the contributions/donations made to the church - An increase in rent or other expenditure will reduce charitable activities to the community - Legislative changes to charity activities would have an impact on the charity |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 |
The method of appointing GCM members is outlined in the GCM Constitution. |
| 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 | Any one member or minister of GCM, or a minister of a church comprising the body known as Evangelical or Pentecostal churches, or a nominee of such a minister, and those who are 16 years old or above, can be a Trustee. When selecting individuals for appointment as a trustee, the charity considers the skills, knowledge, and experience required for the effective administration of the Church. |
|---|---|---|
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 | 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 (if any) |
|---|---|---|---|---|
| Mufutau Durowoju | Chair | 16/10/22 | Members | |
| Afolawewo Olawoyin |
Trustee | 14/12/21 | Members | |
| Tola Omowunmi Durowoju |
Trustee | 14/12/21 | Members | |
| Leanne Ezomo Sankey |
Trustee | 14/12/21 | Members | |
| Adebukola Adedoyin |
Trustee | 14/12/21 | Members | |
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 | 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) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Mufutau Durowoju | ||
Chair |
||
| 31/08/2024 | ||
| 31/08/2024 |
Gideon Christian Ministries (GCM)
Trustees Annual Report 2024
(1[st] August 2023 – 31[st] July 2024)
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 2023 - 31[st] July 2024
| Receipts | 2024 (£) |
2023 (£) |
|---|---|---|
| Tithes & Offering - Donations | 6570.38 | 6598.49 |
| Special Offering - Donations | 0.00 | 0.00 |
| Children Account - Donations | 0.00 | 6.00 |
| Women Account - Donations | 0.00 | 608.98 |
| Building Account - Donations | 0.00 | 8795.72 |
| GIM TV Programme | 0.00 | 250.00 |
| Savings Interest | 0.00 | 52.37 |
| Total Revenue | 6,570.38 | 16,311.56 |
Payments
| Payments | ||
|---|---|---|
| **Bank Service Charge ** | 0.00 | 10.00 |
| Charity | 750.00 | 1250.00 |
| Church Vehicle | 0.00 | 265.00 |
| Church Events | 700.00 | 697.00 |
| Church Items | 0.00 | 0.00 |
| Ministry Gifts | 150.00 | 200.00 |
| GIM TV Programme | 0.00 | 250.00 |
| Music Instrument / Equipment | 516.39 | 1463.00 |
| Office Supplies | 0.00 | 179.4 |
| Postage and Delivery | 0.00 | 0.00 |
| Printing and Reproduction | 178.32 | 0.00 |
| Rent | 5720.04 | 5720.04 |
| Travel | 0.00 | 0.00 |
| Telephone | 237.66 | 265.24 |
| Website | 492.67 | 553.43 |
| ZOOM Conference Call | 187.08 | 177.48 |
| Total Expenses | 8,910.68 | 11,030.59 |
| Net of Receipts/Payments |
-£2,340.30 | £5,280.97 |
| 2024 | 2023 | |
|---|---|---|
| Cash Funds last year end | £6,431.10 | £1,150.13 |
| Cash Fund this year end | £4,090.80 | £6,431.10 |
Page | 2
GCM Accounts (2023-2024)
21[st] August 2024
Registered Charity Number: 1197132
STATEMENT OF ASSETS AND LIABILITIES (1[st] AUGUST 2023 – 31[st] JULY 2024)
| 2024 | 2023 | |||||
| Unrestricted Funds (£) |
Restricted Funds (£) |
Total Funds (£) |
Unrestricted Funds (£) |
Restricted Funds (£) |
Total Funds (£) |
|
| Petty Cash |
50.00 | 0.00 | 50.00 | 50.00 | 0.00 | 50.00 |
| Cash Account |
84.80 | 0.00 | 84.80 | 1675.10 | 0.00 | 1675.10 |
| Rent Deposit held |
0.00 | 400.00 | 400.00 | 0.00 | 400.00 | 400.00 |
| Building Funds |
1865.20 | 1384.80 | 3250.00 | 0.00 | 4000.00 | 4000.00 |
| Women Account |
0.00 | 300.00 | 300.00 | 0.00 | 300.00 | 300.00 |
| Children Account |
0.00 | 6.00 | 6.00 | 0.00 | 6.00 | 6.00 |
| TOTAL FUNDS |
2000.00 | 2090.80 | 4090.80 | 1,725.10 | 4,706.00 | 6,431.10 |
Page | 3
GCM Accounts (2023-2024)
21[st] August 2024
Registered Charity Number: 1197132
Signed on behalf of all the Trustees
Signature CHAIR (Gideon Christian Ministries)
MUFUTAU DUROWOJU
Print name
25[th] August 2024
Date
Page | 4
GCM Accounts (2023-2024)
21[st] August 2024