HEPHZIBAH Trustees' report and financial statement for the year ending 24 June 2024
Charity No: 1199451
| HEPHZIBAH | |
|---|---|
| Financial statements for the year ending 24 June 2024 | |
| Contents | Page |
| Legal and Administrative Information | 1 |
| Report of the Trustees | 2-5 |
| Statement of financial activities (including Income and expenditure account) | 7-8 |
HEPHZIBAH Trustees' report and financial statement for the year ending 24 June 2024
Charity No: 1199451
HEPHZIBAH
Report of the trustee for the year ending 24 June 2024
The trustees present its report and financial statements for the year ending 24 June 2024
Legal and administrative information
| Charity name: | HEPHZIBAH |
|---|---|
| Charity registration number: 1199451 | |
| Registered office and operational address: | |
| 4 HELPERBY ROAD | |
| LONDON | |
| NW10 2GD | |
| Trustees: | Omolola Bukola Jaiyeoba |
| Bolanle Olabisi Jaiyeoba | |
| Toyosi Ipinmoroti | |
| Accountants: | NBS Charity Consultant |
| Suite 124, | |
| Island Business Centre | |
| 18-36 Wellington Street | |
| Woolwich | |
| London SE18 6PF |
Page 1
HEPHZIBAH
Report of the trustee for the year ending 24 June 2024
Our aims and objectives
Purposes and aims
The objects of the charity:
To advance the Christian faith in accordance with the statement of faith in such ways and in such parts of the United Kingdom or the world as the trustees from time to time may think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the church.
Ensuring our work delivers our aims
We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help.
The review also helps us ensure our aims, objectives and activities remain focused on our stated purposes. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.
The focus of our work
Our main objectives for the year continued to be the advancement of the Christian religion and to strive to improve the living condition of the needy. The strategies we applied to meet these objectives included:
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Provision of weekly church services on Fridays and Sundays to minister to the physical, spiritual, emotional and material needs of the congregation and the community.
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Provision of special events and meetings to meet the specific needs of target groups in the church such as men, women, youth and children.
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Focusing on the material needs of certain members undergoing difficult financial situations.
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Working with other Christian agencies and churches in London to advance the preaching of the gospel
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Provision of pastoral care for the members and other members of the community
Page 2
HEPHZIBAH
Report of the trustees for the year ending 24 June 2024
How our activities deliver public benefit
Our main activities and who we try to help are described below. All our charitable activities focus on the advancement of the Christian religion and the relief of poverty and sickness.
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a. Ministering every week to the spiritual needs of the people through bible study, prayer meetings, counselling sessions and healing meetings.
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b. Our focus as a ministry and church is the outreach for souls.
Who used and benefited from our services?
Our church services are presented with both the regular congregants and the visitors or seekers in mind. We minister to the physical, mental and spiritual needs of the members in our services giving specific consideration to the seekers or newcomers in our midst who may not necessarily have a church background and as such may not understand the processes and procedures of Christianity.
We have also helped relieve poverty and hardship amongst both regular and irregular congregants who are suffering from a period of financial hardship due to unemployment and lack of financial resources.
Principal funding sources
The principal funding sources for the charity are currently by way of Donations and Gifts from congregants through the offering basket passed during Church services and through bank standing orders.
Pag e3
HEPHZIBAH
Report of the trustees for the year ending 24 June 2024
Members of the board of trustees
Members of the Board of Trustees, and trustees for the purpose of charity law, who served during the year and up to the date or this report arc set out on page 1.
In accordance with charity law, as trustees, we certify that:
So far as we are aware, there is no relevant information of which the company's accountants are unaware; and as the trustees of the charity we have taken all steps that we ought to have taken in order to make ourselves aware of any relevant information and to establish that the Charity's accountants are aware of that information.
This report has been prepared,
By order of trustees:
Omolola Bukola Jaiyeoba Chairman Trustees
Page
HEPHZIBAH
Statement of Financial Activities (including Income and Expenditure Account) For the Year Ending 24 June 2024
| Notes | 2024 Unrestricted Funds (£) | 2023 Total Funds (£) | 2024 Total Funds (£) |
|---|---|---|---|
| Incoming Resources | |||
| Incoming resources from generated funds: | |||
| Voluntary income: | |||
| Tithes and offerings | 3,500 | 3,250 | 3,500 |
| Thanksgiving & others | 200 | - | 200 |
| Total Incoming Resources | 3,700 | 3,250 | 3,700 |
| Resources Expended | |||
| Cost of generating funds: | |||
| General Administrative Activities | 2,000 | 2,200 | 2,000 |
| Charitable activities | 1,200 | 800 | 1,200 |
| Governance costs | 300 | 200 | 300 |
| Total Resources Expended | 3,500 | 3,200 | 3,500 |
| Net Incoming Resources Before Other Recognised Gains | |||
| Funds brought forward | 200 | 50 | 200 |
| Total Funds Carried Forward | 200 | 50 | 200 |
The statement of financial activities includes all gains and losses in the year. All incoming resources and expenditure derive from continuing activities.