Trustees’ Annual Report for the period
From 01/07/2023 Period start date To 30/06/2024 Period end date
Charity name: THE HOUSEHOLD OF MERCY
Charity registration number : 1199477 Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The object of the CIO is, for the public benefit, the advancement of the Christian faith in the Northamptonshire and such other parts othe United Kingdom and the world as the Charity Trustees may from time to time decide. |
| 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 Charity conducts several religious activities such as 1. Christian prayers: the church organises several prayers session during the week and Sundays. This prayer meetings are attended regularly by members and general community. 2.Christian education awareness: The church organises several Christian education programmes in order to advance the faith of members and community |
| 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 trustee have had regard to the guidance issue by the charity commission |
|---|---|---|
| Additional information (optional) You may choose to include further statements |
where relevant about: | |
| SORP reference | ||
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | |
| 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 | Our Charity continued to provide various activities to ensure that the Christian religion were advanced in our local environment. 1. Worshiping twice a week with regular advertising through evangelism by dropping leaflet to houses in order to invite them to worship and advance their Christian faith 2. Monthly support to our Local food bank by giving food donations to support those going through difficult situation. 3. Regular Bible training for our members and general public to enable them to grow their Christian faith. 4. Regular outreach programs to enable us to be able to invite members of public. |
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 | YES |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | YES |
| Amount of reserves held | Para 1.22 | |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
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 Para 1.46 risks facing the charity Other
Structure, Governance and Management
| Description of charity’s trusts: |
TRUST | |
|---|---|---|
| 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 - FOUNDATION |
| 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 | Name of any person or body entitled to appoint one |
| 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 | THE HOUSEHOLD OF MERCY |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1199477 |
| Charity’s principal address | 27 OLD GLOUCESTER STREET LONDON WC1N 3AX |
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) |
|---|---|---|---|---|
| ELIZABETH ABOSEDE Davies | CHAIR | |||
| DABOIKIABO DAVIES | ||||
| Oluwarotimi Elton Kaleb Ehinmoti | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
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
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) [ELIZABETH ABOSEDE Davies ] Full name(s)[ELIZABETH ABOSEDE Davies ] Position (eg Secretary, Chair Chair, etc) 02/07/2025
Registered Charity number:1199477
THE HOUSEHOLD OF MERCY
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR 30th of June 2024
THE HOUSEHOLD OF MERCY
Report and Accounts For the year 30th of June 2024
Contents
| Page | |
|---|---|
| Information Page | 1 |
| Trustee Report | 2 |
| Accountants' report | 3 |
| Statement of Financial Activities | 4 |
| Statement from Financial Position | 5 |
| Notes | 6-7 |
THE HOUSEHOLD OF MERCY
Report and Accounts For the year 30th of June 2024
Registered Charity Number 1199477
Trustees
ELIZABETH ABOSEDE Davies DABOIKIABO DAVIES Oluwarotimi Elton Kaleb Ehinmoti
Accountants
RONZL ACCOUNTANTS LTD 305A WELLINGBOROUGH ROAD NORTHAMPTON NN1 4EW
Registered Address
27 OLD GLOUCESTER STREET LONDON WC1N 3AX
THE HOUSEHOLD OF MERCY
Report and Accounts For the year 30th of June 2024
STATEMENT OF TRUSTEE RESPONSIBILITIES
The trustees of The Household of Mercy are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Account Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which gives a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure of the charitable company of that period.
In preparing those financial statements, the trustees are required to:
Select suitable accounting policies and then apply them consistently Observe the methods and principles in the Charity SORP Make judgements and estimates that are reasonable and prudent
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will cotinue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with Charities Act 2016,The Charity (Accounts and Reports)Regulation 2008 and the provisions of the Trus Deed. They are responsible for safeguarding the assets of the charitable company and for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees
ELIZABETH ABOSEDE Davies
27th of June 2025
Registered Address 43 Lea Hill Road BIRMINGHAM B20 2AS
THE HOUSEHOLD OF MERCY
Report and Accounts For the year 30th of June 2024
ACCOUNTANTS REPORT
We have prepared the financial statements of The household of Mercy for the year ended 31 December 2022 in accordance with the financial reporting framework of United Kingdom Generally Accepted Accounting Practice
This report is made solely to the charitable trustees, as a body in accordance with
section 144 of the Charities Act 2011 and regulation made under Section 154 of the act.
The Trustees are responsible for preparation of financial statements and for being satisfied that they give a true and fair view
In Accordance to your Instruction we have prepared the accounts of Financial activities, Statement of Financial position as well as related notes from the accounting records of the company and explanation you have given to us.
We have not carried out an audit or any review and consequently we do not want to express an opinion on these accounts.
Oladapo Sulaimon FCCA
.................................................... Ronzl Accountants 305A WELLINGBOROUGH ROAD NORTHAMPTON NN1 4EW 1st of July 2023
THE HOUSEHOLD OF MERCY
Report and Accounts
STATEMENT OF FINACIAL ACTIVITIES For the year 30th of June 2024
| INCOME AND ENDOWNMENTS Tithes, offerings, Grant Total Income PAYMENTS Computer Expenses Purchases Website Charitable Donation Members Welfare Depreciation Telephone Accountancy Bank Charges Travel Consultancy Stationery & Postage Rent Total Expenses Surplus/Deficit |
2024 2023 Total Funds Total Funds £ £ 18,960.00 26,447.00 |
|---|---|
| 18,960.00 26,447.00 |
|
| 1,098.00 844.00 2,449.00 176.00 475.00 1,684.00 12,259.00 9,275.00 1,252.00 215.00 - 657.00 654.00 500.00 167.00 5.00 1,822.00 31.22 1,121.00 174.00 79.00 6,150.00 3,135.00 |
|
| 19,870.22 24,352.00 |
|
| 910.22 - 2,095.00 |
THE HOUSEHOLD OF MERCY
Report and Accounts
STATEMENT OF FINACIAL POSITION
For the year 30th of June 2024
2024 2023 Total Total Funds Funds FIXED ASSET Computer Equipment 861.00 1076.00 861.00 1076.00 CURRENT ASSET Cash at Bank & in Hand 522.00 717.00 CREDITORS Falling due witin one year 500.00 0.00 NET ASSETS / LIABILITY 1098.00 1793.00 Total funds 1098.00 1793.00
THE HOUSEHOLD OF MERCY
Report and Accounts For the year 30th of June 2024
NOTES
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The Household of Mercy is an incorporated charity, registered in England and Wales.
The charity's number and registered office address can be found on the Company Information page
Income
probable that the income will be received and the amount can be measured reliably.
Expenditure
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and related to the category.
consistent with the use of resources.
Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. consistent with the use of resources.