Charity Registration No:1200020 (England and Wales)
DESTINY CHANGERS WORLD OUTREACH MINISTR Y UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
Charity Registration No:1200020 (England and Wales)
DESTINY CHANGERS WORLD OUTREACH MINISTRY UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
| FOR THE YEAR ENDED 31 JANUARY 202 5 |
|
|---|---|
| Page | |
| Company Information | 1 |
| Trustees Report | 2-3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities (SOFA) | 5 |
| Balance Sheet | 6 |
| Notes to the Accounts | 7-8 |
| Detailed Income and Expenditure Account | 9 |
Charity Registration No:1200020 (England and Wales)
DESTINY CHANGERS WORLD OUTREACH MINISTRY UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
| Trustees Charity number: Registered Office: Independent Examiner: Business Address: |
Company Information Rev. Roseline O Okoegbele Mr F Obasuyi Mr Alex Oriere 1200020 508 Stanley Road Bootle LIVERPOOL L20 5AF CWC Consultants Services Business First Centre 23 Goodlass Road Hunts Cross Liverpool L24 9HJ |
|---|---|
Page 1
Charity Registration No:1200020 (England and Wales)
DESTINY CHANGERS WORLD OUTREACH MINISTRY UNAUDITED FINANCIAL STATEMENTS
TRUSTEES REPORT FOR THE YEAR ENDED
31 JANUARY 2025
The Trustees present their report and the financial statements for the period ended 31 January 2025.
Note 1 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 administrative information
| Charity Name | DESTINY CHANGERS WORLD OUTREACH MINISTRY |
|---|---|
| Charity number | 1200020 |
| Office Address | 508 Stanley Road |
| Bootle | |
| LIVERPOOL | |
| L20 5AF | |
| Trustees | Rev. Roseline O Okoegbele |
| Mr F Obasuyi | |
| Mr Alex Oriere | |
| Independent | CWC Consultants Services |
| Examiner | Business First |
| 23 Goodlass Road | |
| Hunts Cross | |
| LIVERPOOL | |
| L24 9HJ | |
| Bankers | Barclays |
Page 2
Charity Registration No:1200020 (England and Wales)
DESTINY CHANGERS WORLD OUTREACH MINISTRY Report of the Trustees for the year ended 31 January 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES AND ACTIVITIES
Objectives and aims
To provide a place of worship for the community, and promote advancement of the Christain religion for the inhabitants of Merseyside and surrounding area.
ACHIEVEMENT AND PERFORMANCE
Review of business
The charity has incurred a deficit during the current year as set out on page 5 of the statement of financial financial activities (SOFA) - £559. This eficit has been transferred to the cumulative funds brought forward at the beginning of the financial year.
FINANCIAL REVIEW
Reserves policy
It is the policy of the charity to maintain unrestricted reserves at a level which provides sufficient resources to cover management, administration and support costs and to respond to any unforeseen circumstances. The Trustees aim to maintain reserves at a level by means of a surplus over the long term and stringent cash management.
PUBLIC BENEFIT
To promote for the benefit of the inhabitants of Merseyside and the surrounding area, the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interest of social welfare and with the object of improving the condition of life of the said inhabitants
ON BEHALF OF THE BOARD:
Rev. Roseline O Okoegbele - Trustee
….............................................
Date: 23 November 2025
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Charity Registration No:1200020 (England and Wales)
DESTINY CHANGERS WORLD OUTREACH MINISTRY
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 JANUARY 2025
I report on the accounts for the period ended 31 January 2025 set out on pages three to seven.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.
It is my responsibility to:
examine the accounts under Section 145 of the 2011 Act
to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and
to state whether particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records.
It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present -
a 'true and fair view' and the report is limited to those matters set out in the statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that, in any material respect, the requirements to keep accounting records in accordance with Section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
………………………………………
Date: 23 November 2025
Cheryl P Agorom BA (Hons) ICPA Independent Examiner CWC Consultants Services
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Charity Registration No:1200020 (England and Wales)
| DESTINY CHANGERS WORLD OUTREACH MINISTRY Statement of Financial Activities for the year ended 31 January 2025 Notes Incoming resources Incoming resources from generated funds: Other income - Donations Voluntary income - various Donations 1 Total incoming resources Resources expended Costs of generating funds 2 Fundraising trading: cost of goods sold and other costs Governance costs Total resources expended Net incoming/outgoing resources before transfers Gross transfers between funds 3 Reconciliation of funds Total funds brought forward Deficit for the year Total funds carried forward |
Unrestricted 2025 2024 Total £ £ £ 19,629 28,997 |
|---|---|
| 19,629 28,997 |
|
| 19,938 22,354 250 250 |
|
| 20,188 22,604 |
|
| (559) 6,393 |
|
| (559) 6,393 |
|
| 6,393 - - (559) |
|
| 5,834 6,393 |
Page 5
DESTINY CHANGERS WORLD OUTREACH MINISTRY BALANCE SHEET AS AT 31 JANUARY 2025
| Notes Current assets Cash at bank and in hand Creditors: amounts falling due within one year Net current assets TOTAL ASSETS LESS CURRENT LIABILITIES NET CURRENT ASSETS Income funds Brought forward funds 3 Unrestricted funds: Total charity funds Approved by the trustees on ......................... and signed …...................................................................... |
2025 2024 £ £ £ 11,412 6,393 6,393 -5,578 - - 5,834 6,393 5,834 6,393 6,393 (559) 6,393 5,834 6,393 on their behalf by: |
2025 2024 £ £ £ 11,412 6,393 6,393 -5,578 - - 5,834 6,393 5,834 6,393 6,393 (559) 6,393 5,834 6,393 on their behalf by: |
|---|---|---|
| 6,393 | ||
| 6,393 | ||
| 6,393 | ||
Trustee: Rev. Roseline O Okoegbele
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Charity Registration No:1200020 (England and Wales)
DESTINY CHANGERS WORLD OUTREACH MINISTRY
Notes to the financial statements
for the year ended 31 January 2025
1. Accounting policies
(a) Basis of preparation
The financial statements have been prepared under the historic cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting Unaudited Financial Statements for the period ended 31 January 2024 by Charities (SORP 2005) issued in March 2005, and applicable UK Accounting Standards and the Charities Act 2011.
The financial statements have been prepared on a going concern basis that assumes that the charity will continue to receive the support of its bankers, creditors and funders.
The charity is aware of the deficit incurred and is in the process of addressing this including actions to secure more funding and implement efficiency strategies.
(b) Funds structure
Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include all funds that the trustees use at their discretion, and have set aside resources for a specific purpose.
(c) Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Voluntary income is received by way of grants, donations and gifts and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
(d ) Resources expended
Expenditure is recognised on an actual basis as a liability is incurred. Expenditure includes any VAT which cannot fully recovered, and is reported as part of the expenditure to which it relates.
(e ) Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
(f) Tangible fixed assets and depreciation
There are no fixed assets.
(g) Taxation
The charity benefits from various exemptions from taxation afforded by tax legislation and is not liable to corporation tax on income or gains falling within those exemptions.
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Charity Registration No:1200020 (England and Wales)
DESTINY CHANGERS WORLD OUTREACH MINISTRY
Notes to the financial statements
for the year ended 31 January 2025
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. There were none during the period.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
| 1. ACTIVITIES FOR GENERATING FUNDS Unrestricted funds Individual donations and Offerings 2. COSTS OF GENERATING VOLUNTARY INCOME Support costs |
Total 2025 2024 £ £ 19,629 28,997 |
|---|---|
| Total 2025 2024 £ £ 20,188 22,604 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no Trustees' remuneration or other benefits for the year ended 31 January 2025 nor for the previous year.
(a) Trustees' Expenses
None of the trustees (or any persons connected with them) received any remuneration during the year and none of them was reimbursed expenses.
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Charity Registration No:1200020 (England and Wales)
DESTINY CHANGERS WORLD OUTREACH MINISTRY UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR EDED 31 JANUARY 2025
| Income Administration expenses Rent Rates Heat & Light Welfare Insurance Motor travel Adminstrative expenses Accountancy SURPLUS/DEFICIT FOR THE YEAR carried forward to 2025 |
£ £ £ £ 19,629 28,997 3,045 9,000 - 1,315 857 1,908 3,636 5,457 3,084 258 258 6,685 6,789 250 250 (20,188) (22,604) (559) 6,393 |
|---|---|
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