Trustees’ Annual Report
For year ended 20th April 2024
Charity Name Empowerment Worship Centre Charity number 10012
Trustees
Rev. Gideon Danso (Global Lead Pastor) Pastor Genevieve Stein Jessica Hagan
Principal Office 118 Great Portland Street
Sunday service address
VUE Cinema Screen 2 Fulham Broadway Retail Centre, London SW6 1BW
Date of Report
21/04/2023 - 20/09/2024
For year ended 20th April 2024
Trustees’ Annual Report
The Trustees present their Annual Report for the year ended 20th April 2024. The trustees confirm that the Annual Report and Financial Statements of the charity comply with the relevant statutory requirements and the charity’s governing documents.
Structure, Governance and Management
The church’s governing document is dated 15 July 2022.
Empowerment Worship Centre London is a charitable incorporated organisation (CIO) registered with the Charity Commission with registration number 1200254. The church, though independently run, is the London/UK branch of Empowerment Worship Centre headquartered in Accra, Ghana.
Trustees
The charities trustees are:
Rev. Gideon Danso (Global Lead Pastor) Min. Genevieve Stein Jessica Hagan
The trustees met twice this financial year to discuss the day to day management of the church. This included, but was not limited to, church activities, conferences, administration, evangelical and outreach missions, and the management of church finances. The trustees have conducted one meeting in person, and one meeting electronically. Decision making happens through a simple majority vote.
Currently, no Trustees receive remuneration for their position. As per the Charity Commission guidelines, a majority of Trustees are to be voluntary and receive no remuneration or benefits in connection with their position.
Appointment of Trustees
The Trustees of the Church identify suitable candidates who are invited to serve as Trustees. To be suitable for this position, the candidate will demonstrate commitment to the church and its charitable objectives, demonstrated by regular attendance and a high degree of involvement, through service. Potential trustees are not appointed based on their professional competence or experience, though Trustees do seek to ensure that an appropriate range of skills are represented in order to ensure the church is effectively managed.
For year ended 20th April 2024
Trustees’ Annual Report
Objectives
In accordance with Empowerment Worship Centre’s Constitution, the church’s charitable objectives, for the benefit of the public are:
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To advance the Christian faith
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To promote welfare, caring for the needy, aged, widowed and orphans through the provision of funds, services, food, clothes or other goods, counselling and support
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To advance education and human resource development
Activities and Achievements
While we believe we have fulfilled our objectives through the many successful activities throughout the year, the Trustees of Empowerment Worship Centre recognises the above objectives are strongly related and should be accounted for collectively. We are certain that we have worked hard to advance the Christian faith, care for people from a wide variety of backgrounds and supported the local community in their development through the following:
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Worship in the Park; an open public event held in Victoria Park on 17th August 2023. This event takes place in the open park grounds and welcomes everyone and anyone who happens to be in the area to join us in prayer, worship, as well as the opportunity to meet other people. The opportunity is presented for passers by to enquire about the Christian faith, ask questions and develop their beliefs.
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Prayer meetings and community fellowship for people of all ages, including weekly online meetings for members who cannot travel into London weekly.
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Pastor care for all church members, led by our ordained Senior Pastor
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The provision of “community circles”, an assigned fellowship group designed for more intimate forms of community to alleviate feelings of isolation.
The Trustees are confident that our diverse range of activities provide benefit to the public.
The Trustees have officially introduced weekly Sunday Services at a designated location in London: VUE Cinema, Fulham Broadway. These services began on 31 August 2024 and are on every Sunday from 11:00am to 1:00pm. The three hour service consists of praise and worship and a 45-60 minute sermon by an ordained minister. A 15-minute coffee and tea service is provided to encourage fellowship amongst visitors.
Financial Review
The charity has experienced a significant increase in income from the previous year, which we believe is largely due to the increase in activity, especially Sunday Services. Currently, the charity uses a Monzo Business Bank account to receive donations. The trustees have struggled to be approved for a charity/community account with a recognised and trusted High Street bank.
For year ended 20th April 2024
Trustees’ Annual Report
The trustees will continue exploring options, aware that a Monzo Business Bank is not suitable in meeting the needs of the charity.
Total income as of year end: £19,051 Total expenditure as of year end: £16,350
Reserves
The Board of Trustees is committed to ensuring that the charity maintains a sufficient level of unrestricted funds to meet its ongoing financial obligations. The primary objective is to maintain an appropriate level of reserves to support the charity’s activities and ensure long-term financial stability.
The Board of Trustees aims to maintain reserves equivalent to 6 months of the charity’s core operating costs. The level of reserves will be reviewed annually by the Board of Trustees, taking into account:
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Forecasted income and expenditure.
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Risks to income and the stability of funding.
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Cash flow requirements.
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Future strategic plans.
Reserves will not be used to cover day-to-day operating deficits but will be maintained for unforeseen circumstances or to fund strategic projects that are aligned with the charity’s objectives. Any drawdown of reserves must be agreed by the Board of Trustees.The reserves policy will be reviewed annually as part of the charity’s financial planning process, and Trustees will monitor the level of reserves throughout the year to ensure it remains adequate.
Reserves as of year end: £2,701
The Board of Trustees acknowledges that the charity’s reserves are lower than as stipulated in the reserve policy, due to high start-up costs and expenditure. The trustees will prioitise reducing the charity’s expenditure, and rebuilding reserves through improved financial planning, concentrated fundraising efforts and cost management strategies within the coming months. This includes identifying a more affordable location for Sunday Services.
This report was approved by the Board of Trustees on 31 December 2024 and signed on their behalf by:
Jessica Hagan
Trustee
| EMPOWERMENT WORSHIP CENTRE | EMPOWERMENT WORSHIP CENTRE | EMPOWERMENT WORSHIP CENTRE | 1200254 |
|---|---|---|---|
| Receipts andpayments accounts | |||
| For the period from |
21/04/2023 | To | 20/09/2024 |
CC16a
Section A Receipts and payments
Unrestricted Restricted Endowment Total funds Last year funds funds funds to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
| A1 Receipts | |||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Donations | 19,051 | - | - | 19,051 | - | ||||||||||||||||||
| - | - | - | - | - | |||||||||||||||||||
| - | - | - | - | - | |||||||||||||||||||
| - | - | - | - | - | |||||||||||||||||||
| - | - | - | - | - | |||||||||||||||||||
| - | - | - | - | - | |||||||||||||||||||
| - | - | - | - | - | |||||||||||||||||||
| - | - | - | - | - | |||||||||||||||||||
| Sub total(Gross income for AR) | 19,051 | - | - | 19,051 | - | ||||||||||||||||||
| A2 Asset and investment sales, (see | |||||||||||||||||||||||
| table). | |||||||||||||||||||||||
| - | - | - | - | ||||||||||||||||||||
| - | - | - | - | - | |||||||||||||||||||
| Sub total | - | - | - | - | - | ||||||||||||||||||
| **Total receipts ** | 19,051 | - | - | 19,051 | - |
A3 Payments
| Worship | in | the Park | 2023 | - Picnic Equipment | 249 | - | - | 249 | - | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Worship | in | the Park | 2023 | - Food & Drinks | 1,000 | - | - | 1,000 | - | ||||
| Worship ~~T~~ |
in ~~t ~~ |
the Park ~~ti~~ |
2023 | - Hotel & | 1,445 | - | - | 1,445 | - |
CCXX R1 accounts (SS)
03/09/2025
1
| Worshipin the Park 2023 - Instrumentalist Fee | 1,500 | - | - | 1,500 | - | ||||
|---|---|---|---|---|---|---|---|---|---|
| Worshipin the Park 2023 - Hall Hire | 3,450 | - | - | 3,450 | - | ||||
| Instrument Hire - | 2,600 | - | - | 2,600 | - | ||||
| SundayService Venue Hire(VUE Cinema - |
3,800 | - | - | 3,800 | - | ||||
| Photography& Videography ~~lh~~ ~~)~~ |
300 | - | - | 300 | - | ||||
| Public LiabilityInsurance | 226 | 226 | |||||||
| Worshipin the Park 2024 - Instrument Hire | 900 | 900 | |||||||
| Worshipin the Park 2024 - Courier Services | 240 | 240 | |||||||
| Worshipin the Park 2024 - Sandwiches and |
640 | 640 | |||||||
| ~~k~~ | - | ||||||||
| - | - | - | - | - | |||||
| **Sub total ** | 16,350 | - | - | 16,350 | - |
| A4 Asset and investment purchases, | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (see table) | ||||||||||||||||||||||
| - | - | - | - | |||||||||||||||||||
| - | - | - | - | |||||||||||||||||||
| Sub total | - | - | - | - | - | |||||||||||||||||
| **Total payments ** | 16,350 | - | - | 16,350 | - | |||||||||||||||||
| **Net of receipts/(payments) ** | 2,701 | - | - | 2,701 | - | |||||||||||||||||
| A5 Transfers between funds | - | - | - | - | - | |||||||||||||||||
| A6 Cash funds last year end | 1,041 | - | - | 1,041 | - | |||||||||||||||||
| **Cash funds this year end ** | 3,742 | - | - | 3,742 | - |
Section B Statement of assets and liabilities at the end of the period
| Details Donations |
to nearest £ 3,742 - Unrestricted funds |
to nearest £ - - Restricted funds |
to nearest £ Endowment funds |
|---|---|---|---|
| Donations | 3,742 | - | - |
| - | - | - |
Categories Details
B1 Cash funds
CCXX R2 accounts (SS)
03/09/2025
2
B2 Other monetary assets
B3 Investment assets
B4 Assets retained for the charity’s own use
| - | - | - | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Total cash funds | 3,742 | - | - | ||||||
| (agree balances with receipts and payments account(s)) |
OK | OK | OK | ||||||
| Unrestricted | Restricted | Endowment | |||||||
| funds | funds | funds | |||||||
| Details | to nearest £ | to nearest £ | to nearest £ | ||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - | |||||||
| - | - | - |
| Details | Fund to which asset belongs |
Cost (optional) - - - - - |
Current value (optional) |
|---|---|---|---|
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - |
| Details Black Pulpit |
Unrestricted Fund to which asset belongs |
Cost (optional) 148 - - - - |
Current value (optional) |
|---|---|---|---|
| Black Pulpit | Unrestricted | 148 | - |
| - | - | ||
| - | - | ||
| - | - | ||
| - | - |
CCXX R3 accounts (SS)
03/09/2025
3
| - | - | |
|---|---|---|
| - | - | |
| - | - | |
| - | - |
B5 Liabilities
Signed by one or two trustees on behalf of all the trustees
| Details | Fund to which liability relates |
- - - - - Amount due (optional) |
When due (optional) |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| - |
| Signature | Print Name JESSICA HAGAN |
Date of approval |
|---|---|---|
| JESSICA HAGAN | 8/2/2025 | |
CCXX R4 accounts (SS)
03/09/2025
4