**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**_ **Page 3** ## **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**_ **Page 4** ## **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** **Page 6** **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. **Page 7** **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. **----- Start of picture text -----**
Page 8
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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**| |---|---| ||| **Page 9**