IR
Trustees’ annual report (including Directors’ report) for the period
From: 16/09/2022 To: Period end date 16/12/2023 Charity name: FOUNTAIN REVELATION NETWORK (FRN) Charity registration number: 1200399
Company number:
Objectives and activities
| SORP reference |
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|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
To promote the production of classic Christian literature, developmental manuals, and workshops for Christian ministry, which will benefit the public through Christian doctrine through internet radio and publication. To advance the Christian faith through internet radio, social media, podcast, and evangelical activities for the benefit of the public, mainly but not exclusively through broadcasting; promotion, production and distribution of classic Christian literature, developmental manuals, workshops. To provide evangelical and pastoral care to overcome some impairment by restoring the person to wholeness through the broadcasting messages and literature provided on the internet radio website and organised seminars and live interactive shows via webinar, zoom and other means – like organised physical face-to-face conferences FRN’s evangelical and pastoral care, via broadcasting, will seek to sustain, by helping the hurting lonely, helpless person to find hope and restoration of purpose through the Internet Radio; broadcast teachings, prayers and gospel music sessions. FRN’s evangelical and pastoral care seeks to reconcile, seeking to re-establish broken relationships between individuals and between man and God through inspirational broadcasting messages and other evangelical and pastoral tools like podcasts, pastoral counselling, prayers and inspirational words and music. |
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| Summary of the main activities about those |
FRN has continued to promote its aim of producing classic Christian literature through |
purposes for the public internet radio and webinar seminars on Christian benefit, in particular, the leadership. Providing counselling support and activities, projects or services supporting the homeless was a huge success. identified in the accounts. Statement confirming Yes, the trustees are being true to the objective whether the trustees have and purpose of the existence of FRN and had regard to the guidance demonstrate this by impacting and helping the issued by the Charity people to be encouraged to move on, especially Commission on public after the pandemic. More so, the trustees confirm benefit that they have had due regard to the guidance issued by The Charity Commission on public benefit. They continue to follow this in the planning and undertaking of the activities of FRN
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference |
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|---|---|---|
| Policy on grant-making | ||
| Policy on social investment including program-related investment |
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| Contribution made by volunteers |
As we don’t have paid staff, the four volunteers have contributed their time and skills to ensure that FRN's objectives and goals are achieved. In addition, FRN is run entirely by trustees and volunteers. All share the charity's aims and objectives. They work together to provide administrative support to enable carry out our objectives successfully |
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| Other |
Achievements and performance
FRN began the year as many others. Summary of the main Since June 2022, FRN, despite the global achievements of the charity, economy situation, still broadcasts and meets up identifying the difference the the social well-being of the hurting. charity’s work has made to the circumstances of its FRN has played a significant role since the beneficiaries and any wider beginning of this global economic crisis by benefits to society as a providing counselling assistance, encouragement, whole. and directions to where people could receive further help. Focusing mostly on social media—Zoom, FaceTime, MS Teams, and the internet—to deliver most of our services, creating significant impacts, as 26 mid youth benefit from the training provided The services provided benefit our immediate community, as most of the “not in education, employment or training” (NEET) children come in to learn broadcasting.
Additional information (optional) You may choose to include further statements where relevant about:
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Achievements against
objectives set
Performance of fundraising
activities against objectives
set
Investment performance
against objectives
Other
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Financial review
| Financial review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
The charity’s financial position remains low A £280 was raised amongst the trustee, and £310 was spent. The charity didn’t receive any form of income from grant. |
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| Statement explaining the policy for holding reserves stating why they are held |
The policy of the Trustees is to maintain a balance, by way of a reserve, of no less than £400. This sum is considered sufficient to cover the basic costs of running the charity in the absence of any income |
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| Amount of reserves held | We have a free reserve of not less than £400 |
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| Reasons for holding zero reserves |
N/A | |
| Details of fund materially in deficit |
N/A | |
| Explanation of any uncertainties about the charity continuing as a going concern |
N/A |
Additional information (optional) You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Contributions from trustees and volunteers | |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
N/A | |
| A description of the principal risks facing the charity |
None, apart from the ongoing with the financial burden |
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| Other |
Structure, governance and management
| Description of charity’s trusts: |
The constitution was adopted on December 1st, 2021, and will be subsequently amended. |
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|---|---|---|
| Type of governing document: for example, trust deed, memorandum and articles of association etc |
Constitution (Foundation Structure) | |
| How is the charity constituted? for example limited company, unincorporated association, CIO |
CIO | |
| 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 |
Trustees are elected by the members of the charity at the annual general meeting or co-opted by the Trustees during the year. This means: New Trustees may be recruited to the Board at any time by the Trustees. In selecting individuals for appointment as Trustees, the Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the FRN The Trustees may elect such officers (chair, secretary, treasurer) as they see fit by and from their number and from time to time. |
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Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees The charity’s organisational structure and any wider
network with which the charity works Relationship with any related parties Other
Reference and administrative details
| Charity name | FOUNTAIN REVELATION NETWORK (FRN) |
|---|---|
| Other name the charity uses | N/A |
| Registered charity number | 1200399 |
| Charity’s principal address | Fountain House, Arcany Road, South Ockendon RM15 5SX |
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 (ifany) |
|---|---|---|---|---|
| Dr Mark Amadi | Chairman | FRN | ||
| Abiodun Atanda Oluwayemi |
Secretary | FRN | ||
| Yinka Enilari | Member | FRN | ||
– 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 held in this capacity |
N/A |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/A |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/A |
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 company has taken advantage of the small companies’ exemption in preparing the report above.
The trustees declare that they have approved the trustees’ report (including directors’ report) above.
Signed on behalf of the charity’s trustees/directors
| igned on behalf of the charity’s trustees/directors | e charity’s trustees/directors | e charity’s trustees/directors | |
|---|---|---|---|
| Signature(s)MA AAO Full name(s)Mark Amadi Abiodun Atanda Oluwayemi Position (for example, Secretary, Chair, etc) Chair Secretary Date 03-09-2024 |
MA | AAO | |
| Mark Amadi ple, tc) Chair |
Abiodun Atanda Oluwayemi | ||
Chair |
Secretary | ||
| 03-09-2024 |