Charit Re '5tration No:1200020 En land and Wales DESTINY CHANGERS WORLD OUTREACH MINISTRY UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 10 AUGUST 2022 TO 31 JANUARY 2024
Charit Re istratlon No:121X1020 En land and Wales DESTINY CHANGERS WORLD OUTREACH MINISTRY UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 10 AUGUST 2022 TO 31 JANUARY 2024 Page Company Information Trustees Report Independent Examiner's Report Statement of Financial Activities ISOFAI Balance Sheet Notes to the Accounts Detailed Income and Expenditure Account
Charlt Re stration No:IZIJ0020 En and and Wales DEsfiNY CHANGERS WORLD OUTREACH MINISTRY UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 10 AUGusf 2022 TO 31 JANUARY 2024 Com Information Trustees Rev. R05eline O Okoegbele Mr F Obasuyi Mr Alex Oriere Charity number: 1200020 Reglstered Office: 508 Stanley Road Bootle LIVÉRPOOL L20 SAF Independent Examiner: WhitfieldAccounting & IntegratedSeThices Ltd Business Address: 508 Stanley Road Bootle LIVERPOOL L20 SAF Page I
Charit Re istration No:1200020 En and and Wales TRUSTEES REPORT FOR THE YEAR ENDED FOR THE PERIOD 10 AUGUST 2022 TO 31 JANUARY 2024 The Trustee5 present their report and the financial Statements for the period ended 31 January 2024. Note I to the accounts and comply with the charity's trust deed and the Statement of Recommended Practice, "Accounting and Reporting by Charities. issued in March 2005. The Trustees who served during the year and up to the date of this report are listed below. Legal and adminislratlve Information Charity Name DESTINY CHANGERS WORLD OUTREACH MINISTRY Charfty number 1200020 Office Address 508 Stanley Road Bootle LIVERPOOL L20 SAF Trustees Rev. Roseline O Okoegbele Mr F Ob3SUyi Mr Alex Oriere Independent Examlner Whitfield Accounting & Integrated Services Ltd Business First 23 Goodlass Road Hunts Cross LIVERPOOL L24 9HJ Bankers Barclays Page 2
Charlt Rt W31 DESNy CHANGERS WORLD OUTREACH MIN15fRY Reportofthe Trustees for the perKad IOAwsi 2022to JiJ•nu•ry2024 SfRLicfuRE. GOVERPIAIKEAND MANAGEMEiir Goveming documem The tharity is controlled by It5goveming documenL a deed of tru5L and constitutes an unlncorp0ted charity. Rlsk man¥tment The trustees havea dutyto identify arld review the rlsks to whichthe chartty 15 expD5ed and to ensu appropriate Contyds are in ae to provide rea50nableassurance against fraud 2nd eTfVr. 08JECTIVESAND ACTMTIES Objectives and aims To provide a place of worship lorthe community. and promote ad¥ancemes)t Df theChrlstsiTr rdIKK foTthe nhabtsnts Mersey51de and 5urroundin8 area. ACHIEVEMErifAND PERFORMAWCE Revlewof b¥$lnes5 The charlty has incurred a 5urplu5 durin8the current year as set outon pa8e 5 of the statementof finala1 financial activities ISOFAI- £6,393. This surplus has been transferred tothe ¢umulaUve ftsnd5 brou8htfoNard atthe be8lnnlni of theffinanci31 year. FIPW4CIAL REVIEW Reserves pollcy Is the poliry of the chariiy to malntsin vnTestrirted rese at a level whlth provlde55ufficnt resources to cover ana8ement, adrnlnlstratlon and support Costs arLd io respond to any unfDreseeTr CITcum5tanc. The Tru5tee5 aimto maintain reserye5 at a level by rneèns of a surplus ow the lon8 term and strlngent cash manaÉement. PUBLKBE14EFbT To promoteforthe benefit of the inhabitants of Mer5ey5ide and thè surroundin8 area, the provi51on of facllltles for recreatjon or other leisure timeoccupatlon of individuals who have need of such facilities by reagon of their youth, age, Infimiity ordisablement. flnanclal hardship or sOC1313nd e¢onomiecircumst3nces or for the public£t lae in the intefesl of social welfare and with the obhert of improvln8the condltknn of lrfe of the said inhabrtorfs ON BEHALF OFTHE BOARP: Rew. Ros¢bn¢OOkottsle. Tntstet Pa8* 3
Chlit Re 'stvotion No'.12C4)020 nd and Wales OEsfiNYCHANGERS WORLD OUTREACH MIN15TrY I11DEPENDE1 EXAMINER'S REPORT FOR THE PERIOD IOAUGUST 2022 TO JI JANUARY 2014 I reporr on the accounts forthe perlod ersded 31 January2024 set on page$the to seven. Résperti¥e responsibilitlosof trUee5 and examiner The charity's trustees are responslblt for the preparation of the accounts.The charity's trustees considerthat an audit 15 not required for this year lundersettion 144121 of the Charitie5 Art 2011 (the 2011Acl and that an independent examination is requlred. Is my re5PDnsibiltyto'. examine the account5 under SectDn 145 olthe 2011 Art to lollow the procedures lald down in the General DirKtlon5 given by thetharltyCommlssSon lunder Settion 14515llbl of the 2011 Act).. and to state whether particular Matters have CLvDe to my attentti)n. 8asls of thÈ Indepehdeht exaThlnèr% report My examinabon was carrfed out in Kcordance with the General Directions 8iven bythe Charfty Commkslon. An examination indudes a review of the accountiw records kept b¥the chaty and è tornparison olthe Hccwnts presented with thosè records. It also indudes consideratloth of anyurlusual items ordlsclo5ure5 in the account5, and seekln8 explaJ)ations from you asTrustees concemingaThy5uch matters. The pr(Kedures undertak@n th) noi prode all thp evldencethat would be requlred Ih an audit, and cwuently no oplnion 15 8Dien as to vthetherthe act¢unts present- true aDdfalrvw' and the report Is Ilmffted to those matters 5etout in ihe staiempnts b21ow. 1ndepet)dertex¥mir,3stateffteTrt In cofinert with my examination. no matterha5 come to my attentton: 111 which gfves me rèasonable (au5eto belleve ihat, ith any material re5pea, the reoulremea)ts to keep accounting record5 in accordance wlth SÈrtlon 130ofthe 2011 Aci,. and to prepare accounts whSch accwd with the accounting records and to comply wbth the actountlTr8 requlrementsof the 2011 Act have ntrt been meL' or 121 to which, In my opinion. attentiL)n should bedra%vn In order toenablea propErunderstsnding of the accounts to be ieathed. DatÈ.' 28 Novèmber 2024 CherylPAgorom BA IIIoAsIIQA lthlependent Exdmlner Whltfvld Attourttlnq& P¥e4
Charlt Re lstratlon No:1200020 En and and Wales DESTINY CHANGERS WORLD OUTREACH kllNISTRY Statement of Financial Activitie5 for the perlod 10 August 2022 to 31 January 2024 Unrestrlcted 2024 Total Notes Incoming resources Incoming resources from generated funds: Other Income- Donations Voluntary income- various Donations 28,997 28.997 Total incoming resources 28.997 28,997 Resources expended Costs of generating funds Fundraising trading: c05t of goods sold and other costs Governance costs Total resources expended 22,354 22,354 250 22,604 250 22,604 Net Incomingloirtgolng resources before transfers Gross transfers between funds 6,393 6,393 Reconciliation of funds Total funds brought forward Total funds carried forward 6,393 6,393 Page 5
DESTINY CHANGERS WORLD OUTREACH MINISTRY BALANCE SHEET AS AT 31 JANUARY 2024 Notes Current assets Cash at bank and in hand 6,393 6,393 Creditors: amounts falling due within one year Net current assets TOTAL ASSETS LESS CURRENT LIABILITIES NETCURRENT ASSETS 6.393 Income funds Brought forward funds 6,393 Unrestricted funds: 6,393 Total charity funds 6,393 Approved by the trustees on . . and signed on their behalf by: Trustee: Rev. Roseline O Okoegbele Page 6
(th rrt Re 'straJon No:12(rf)OZO nd andWalp5 ESfiNY CHANfjERS WORiD OLifREACH MINi¥fRY Pknes tothe financlal statern¢nts fortht peritsd IOAuEu5t 2021tD31 January 2024 l. Ac¢ountlrf polkJ The financial statements have been prepared under the historiccost conventiDn. Thefinancial staternents have been prepared in accordance with the Statement of Rewmmended Practice.. Accounting and Reporting Unaudited Financial Statements lor ihe period ended 31 January 2024 by Charitw ISORP 25> wued in March 2W5. and pplicable U% Accountin8 Standards and the Charities Ait 2011. The finèncla1 stalernents have been prepared on a Koingconcern basis that assumes thatthe ¢harfty will contSnue to re¢t the support of its bankers, creditors and funders. The charhy is aware of the deflcit inwrred and ts in the process of addre55in8 thSs includlng artlons iosecure more fundinÉ and implewni efficiency 5trateBie5. Ibl Furtds UnrestrictÈd Income funds comprise those funds whlch the trustees are freeto usefor any pUrpe Sn furtheTante of the Charitab obiecrs. UnrestrfctedlurK15 include all fundsthat the trustee5 Use atthelr d15cretyon, and have set aslde resources fora specrfic purpose. Icl 1mIng resource5 All Sncomin8 resources are Included In the statement of financlal attivit$ when the Chal is entitled to the income and the amount tan be quantified with rèasonable accuracy. The followlng speofit polkies are applied to parfcular categories of Income.. Voluntary income is rec•lved by wayof grants. donatlons and 8ift5 and is Inc1te in full In the statementof financial attwIt9When receivable. 6ratts where entitlemènt is not conditional on the deliveryof a Spec performance by the tharity, are reco8nised when tht charity becomes uroDditKsnally entitled tothogrant. Donated swvices and faclllties are Included at thevalue to the chanty wherethls can be ouantrfied. Thevalue of seNtes prowded byvolunteers has not been Incltsded. Id l Reur$ Expended ExpEndf(ure is recognls@d on an artual bas153s a Ilability15 Incurred. ExpendUre Includes any VATwhlch cannot fully recovered. and Is reported as pèrt of thE expenditure to whlch it relates. le I Chavltabl• artKltles Chartsble expendlture comprisesth05e costs Incurred bythe charity in the delery0f its actiwties 0Dd stmces for its benehciaries. It includes both c05tS that can be allotatsd directty to su¢h athvrtles and th05e£osts of an Indirect nature necessary to support them. IfjT•n8lblo assets hd depredatlon There are no fixtd 855et5. 18) Taxatlon The charlty Thef5 from varfous exèmptions fromtaxètion afforded b¥tax lewslation 3Th41s not Ilable to corporation tax on ir)comè or gains fallin8 wlthin those exernptions. Pale 7
E5TINY f•lANfjER5 WORLDOUTREACH MWIISTRY NotestrtthellnaThcl4 statements lorthe perlod IOAu8U5t zoizto31 lawary 1024 Fund ttounti Unrestrltted fvnds can be used in accordancewr(h the charitsble objecte$ at the di5cretv)n of the trustees Re5tritted funds can onty be used for particular restrfrted purposes wlthln the objecr5 ofihe C11. Restrirtions arise when specified bythe donor when funds are raised for particular restricted purposes. There wwe Mts)e durtn8 the peri(xl. Further explanktlon of the nawre and wrpD5e LTrf eachfund15 lThcluded In the notes tothÈflnan¢lal statements. I. ACTIVITIES FOA GENERATING FVNDS Vnre5trlcted funds Total 2024 2024 Indwidual donations and OfferinEs 28,997 28.997 2. COSTSOFGENEPATING VOLupifARY INCOME Totsl 2024 Support costs 22,354 22,354 3. TRUSTEES, REMU14ERAIION AND BENEFITS There were noTrustee5' remuTheration or otherbenefits forthe yearended 31 March 2020 norforthe prAtsus year. lal Trustees. Expens None0fthetruste lor at)y perso4 conThecred wfth them) re¢eived any remuneration during the yearand Thone olthem as reirnbursed expenses. 4. STAFF COSTS T4* 2024 2024 Wages P¥•8
Charit Re stration No:121JIJ020 DESTINY CHANGERS WORLD OUTREACH MINISTRY UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD IOAUGUST 2022 TO 31 JANUARY 2024 Incorne 28,997 Administralion expenses Rent Rates Heat & Light Insurance Motor travel Adminstrative expenses Accountancy 1,315 1,908 3,084 258 6,789 250 122,6041 SURPLUS FOR THE YEAR tarried forward to 2025 6.393 Page 9