Registered Charity No- 1198364 Testimony Outreach Trustees, Report and Accounts 30 April 2024
CONTENTS Legal and Administrative Detail Trustees, Report Statement of Financial Activities Notes to the Accounts
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY TRUSTEES Trustee I: Rev Rachael Adelakun Trustee 2: Damilare Samuel Omojola Charity Registered Number:1198364 Date of registration: 01/03/2022
TRUSTEES, REPORT FOR THE YEAR ENDED 30 APIUL 2024 The Board of Trustees. who are the trustees for charity law purposes. submit their 8nnual report and the financi81 st8tements of Testimony Outre8ch for the year ended 30th April, 2024. The Board ofTrustees confirms that the annual report and financial statements of the Charity comply with current statutory requirements. the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities (revised 2005).. . Structure. governance and management. The Trustees play a primary role in ensuring good governance and functioning of the foundation. The Board's role. functions and responsibilities are quite clearly defined. The charity is governed by a CIO foundation registered dated on 01 MARCH 2022. Recruitment and appointment of trustees: The members of the General Trustee Board are trustees for the purposes of charity law. New trustees may be appointed by resolution of a meeting of the trustees. Much of the charity's work focuses upon the promotion of the Christian religion and General charitable purpose. The General Trustee Board seeks to ensure that the reeds of this group are appropriately reflected through the diversity of the trustee body. To enhance the potential pool of trustees, the charity has. through selective advertising and networkingwith voluntary organizations active in the sector. sought to identify those who would. be willing to become members of the charity and use their own experience to assist the charity. Risk Management: _ We are committed to a policy of identifying. monitoring and managing the risks that might adversely affect the activities in which we are involved. In this context. risk is defined as the potentialto fail to achieve charity objectives and for loss, financial and reputational. inherent in the environment in which we operate in the nature of the transactions undertaken. (The principle risk of the charity bas been Its dependence on voluntary income. Trustees have initiated various processes to mitigate such risk, so that the charity bas suff icient reserve in the event of adverse condition(s} . The trustees have also examined other operational and business risks which they face and confirm that they have taken steps to mitlgate the significant risks.
TRUSTEES, REPORT FOR THB YEAR ENDED 30 APRIL 2024 The Board of Trustees has overall responslbillty for ensuring that the Charity has an appropriate system of. controls. financial and otherwise. They are also responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements complywith the Charities Act 1993.They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the detection. and prevention of fraud and other irregularities. The Board of Trustees is responsible for the maintenance and integrity of the corporate and, financial information. Legislation in the United Kingdom'governing the preparation and dissemination of financial statements may differ from legislation in otherjurisdictions. Public Benefit... The Trustees have complied with the duty in Section 4 of the Charities Act 2006 and have paid due regard to.: public benefit when preparingthis report The benefit provided to the public is consistent with the aims of the charity in UK. . Objectives and activities: . a) To Advance the Christian Religion for the Public Benefit. In Accordance with the Tenets of Faith. b} General charitable purpose c) Providing food bank tor general public, Plans for future periods: The Charity plans to develop various fundraising strategies to include mass marketing. Besides mass marketing and events, the charity is aiming to achieve its targets through securing donations from willing individuals. A development board may be created to help include other avenues of fundraisingto be included in the yearly programme. Statement of Board of Trustees, responsibilities. The Board of Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom General Accepted Accounting Practice. Charity law applicable to charities in Engiandlwales requires the Board of Trustees to. prepare financial,: statements for each financial year which gives a true and fairview of the of the Charity and of the surplus or deficit of the Charity for that period. In preparing those financial statements the B08rd of Trustees have.'_ Selected suitable accounting policies and applied them con5iStently, - Made judgments and estimates that are re880nable and prudent. stated whether applicable accounting standards have been followed. subject to any material departures. ' dlsclosed and explalned In the financial statements." and.
PrepATed the Ilnanclal staiemenl8 on n goln8 concern bas19 lunl833 It13 Inapproprl8t8 to presume ihat th8 Chfirlty wlll coniinue In op8r8tlon). The 808r(l ol Trustees hag over811189ponslblllty lor 8nsurlng that th8 Charity has an approprlaie system of, conlro13. flnBnclal and otherwl88. Thty 8re also responsible for keeplng proper eccountlng records whlch di8clog8 th &Sonable accuracy at any tlme the flnanclal po3ltion of the Charity and enable them to ensure that the flnanclal statement8 comply with the Charities Act 1993.They are also responsible lor safeguarding the assets ol the Charity and hence for taking reasonable steps for the detection. and prevention of traud and other irregularities. The Board of Trustees is responsible for the maintenance and integrity of the corporate and. tinanci81 information. Legislation in the United Kingdom 'governing the preparation and dissemination of financial statements may diff er from legislation in other jurisdictions. STATEMENT OF FINANCIALACTIVITES FOR THEYEAR ENDED 30 APRIL 2024 Income: Donationloffering: £35350 Expenditure: Rent: £3808 Batterle8: £260 Printlng &postsge: £380 Mobile Phone: £360 Internet: £220 Food Bank: E19121 Tran•portatlon: £530 Annlver8ary: £3200
Books and training materials: £850 Charitable Events: £4075 Visiting Clergy: £2500 £35304 The tinancial statements were appro%Ed andsigned bythe Trustees Rev RachaelAdelakun Damilare Samuel Omojola Date: Date: