2024-12-31-accounts - His Way Christian Ministries

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HIS WAY CHRISTIAN MINISTRIES

REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] DECEMBER 2024

CHARITY NUMBER: 1200871

HIS WAY CHRISTIAN MINISTRIES

Contents	Page
Legal and Administrative Information	1
Trustees’ Annual Report	2-8
Balance Sheet	9-10

HIS WAY CHRISTIAN MINISTRIES LEAGAL AND ADMINISTRATIVE INFORMATION

CONSTITUTION

The Charity is constituted under a Trust Deed with registered Charity Number: 1200871

TRUSTEES

The trustees who served during the year ended were:

Pastor Sade Alli-Balogun

Ms Tessy Taiwo

Mrs Christiana Morakinyo

Pastor Sunday Morakinyo

CHURCH

St. Francis Church & Community Hall

Fixby Road, Fixby

Hudders�eld

HD2 2JG

BANKERS

NatWest

Lloyds

INDEPENDENT EXAMINER

Babatope Osuolale 16/1 Wardieburn Street West. Edinburgh EH5 1ED

HIS WAY CHRISTIAN MINISTRIES

Trustees’ Report For The Year Ended 31[st] December 2024

The Trustees hereby present their report together with the account for the year ended December 31, 2024. The accounts have been prepared in accordance with the Statement of Recommended Practice 2025 and other applicable laws.

Structure, Governance, and Management

The Charity is constituted under a Trust Deed with registered Charity Number: 1200871

i) Method Of Appointment or Election of Trustees

(1) Apart from the �rst Charity Trustees, every Trustee must be appointed by a resolution passed at a properly convened meeting of the Charity Trustees.
(2) In selecting individuals for appointment as Charity Trustees, the Charity Trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

ii) Policies Adopted For The Induction And Training of Trustees

The Charity Trustees will make available to each new Charity Trustee, on or before his or her �rst appointment:

(1) A copy of the current version of this constitution; and
(2) A copy of the CIO’s latest Trustees’ Annual Report and Statement of Accounts.

iii) Organisational Structure And Decision Making

Any decision may be taken either

(1) At a meeting of the Charity Trustees; or
(2) By resolution in writing or electronic form agreed by all of the Charity Trustees, which may comprise either a single document or several documents containing the text of the resolution in like form to each of which one or more Charity Trustees has signi�ed their agreement.
(3) An administrator has been appointed who handles the daily affairs of the Organisation.

iv) Risk Management

The Trustees are aware and have assessed the major risks to which the CIO is exposed, in particular, those related to the operations and �nances and are satis�ed that systems have been put in place to mitigate those major risks.

HIS WAY CHRISTIAN MINISTRIES

Objectives And Activities

a) Policies And Objectives

The objectives of the Charity are to advance the Christian Faith and Religion in the Hudders�eld area and elsewhere for the bene�t of the public in accordance with the doctrines of our Lord Jesus Christ through having a place of worship, gathering for worships and prayer meetings, lectures, public celebration of religious festivals, producing and or distributing literature to enlighten others about God and The Church of Jesus Christ; and the relief of poverty.

b) Strategies For Achieving Objectives

To achieve the objectives, the Charity is exploring having a place of Worship, gathering people who are willing onsite and online for meetings, lectures and prayers where reliable, experienced and seasoned ministers of Christian faith are consulted to guide members in the right path, where support for charity purposes is predominant.

c) Activities For Achieving Objectives

Advancement of Religion (Christian Faith)
Relief of Poverty (Relief for those who are in a condition of hardship or distress; the homeless, aged, sick or disabled in the United Kingdom and or abroad.)
Spiritual and Moral Education
Investment in the youths
Public worship, Prayer, Bible study, Preaching, Teaching; Marriage, Funerals, Baptism, Evangelism, Missions; Coffee morning

d) Grant Making Policies

The Charity has established its grant making policy to achieve its objects for the public bene�t. In consonance with the set objectives, the Charity continually pursues the advancement of Christian Faith and organises programmes and activities that engender poverty alleviation. The Charity supports individuals, missionaries, and organisations who are in need, solely at the discretion of the trustees.

e) Volunteers

The Charity enjoys the unflinching contribution of volunteers. Through their selfless efforts, the Charity has been able to achieve the set objectives so far.

HIS WAY CHRISTIAN MINISTRIES

ACHIEVEMENTS AND PERFORMANCE

(a) Review Of Activities

The Charity is doing valiantly well by investing in people. The Charity is equipping members spiritually, emotional, socially both inside and outside the Church. The spiritual lives of members are progressively getting better and worthy of emulation. The Charity is doing great job by offering quality and timely counselling sessions to people who may want them (young and old alike). Without hesitation, those who were identi�ed to be in need are being supported to the best of the capability of the Charity and at the discretion of the trustees.

The youths in the Church felt more at home. They hold and attend their meetings regularly, and some of them were specially rewarded for their hard work amongst brethren. The elderly too are being catered for. Provisions are made for the elderly during and after meetings to carry them along and ensure that they do not feel alienated.

The Charity relentlessly pursues its main objectives by investing time, money, and energy into programmes that help to prevent loneliness, depression, child abuse and the likes. Members are bene�tting and are constantly drawing virtues from various programmes and activities that are regularly organised.

Apart from the regular Church service on Sunday morning, the church continues to offer opportunities for members to pray through the Weekly Online Prayer Programme tagged Early Morning Encounter (EME) every Wednesday morning and to study the Word of God through the weekly Online Bible Study (OBS) every Sunday evening. These weekly programmes have been so impactful, and members always look forward to being part of them.

While 2024 had not been without its challenges, His Way Christian Ministries as a Church demonstrated courage and resilience, having absolute trust in God; and embracing flexibilities with the limited resources at our disposal, we are persuaded we can face the upcoming year with its uncertainties and continue to make positive impacts in the lives of people.

HIS WAY CHRISTIAN MINISTRIES

FINANCIAL REVIEW

(a) Reserves Policy

The trustees decided to use one of her accounts for day to day running of the activities of the Charity while the other account should be retained for special projects. The trustees feel that this decision has paid off and should therefore be upheld.

(b) Principal Funding

The principal source of funding for the Charity is through voluntary donation (known as offering and tithes) from members and through gift aid scheme.

HIS WAY CHRISTIAN MINISTRIES

PLANS FOR THE FUTURE

(a) Future Developments

In alignment with its vision, the Charity intends to continue to explore various ways to propagate the Gospel of our Lord Jesus Christ. The Charity will continue with its activities to add to the members in quantity and in quality to give them a lifechanging experience and in turn, positively influence their world for God.

The Charity will not slowdown on its investment in the youths and homes.

Statement Of Trustees’ Responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the �nancial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare �nancial statements for each �nancial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.

In preparing these �nancial statements, the trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP 2015 (FRS 102);

make judgements and estimates that are reasonable and prudent;

• state whether applicable accounting standards have been followed, subject to any

material departures disclosed and explained in the �nancial statements;

• prepare the �nancial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the �nancial position of the charity and enable them to ensure that the �nancial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence

for taking reasonable steps for the prevention and detection of fraud and other irregularities.

APPROVAL

This report was approved by the Board of Trustees on the 19[th] of July 2025 and signed on their behalf by:

S.Olatunde Morakinyo

Pastor Sunday Olatunde Morakinyo

----- Start of picture text -----
Charity Name No (if any)
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from Jan-24 Dec-24
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
Offerings 2,555 - - 2,555 -
Tithe 5,110 - - 5,110 -
Charity Donations 2,438 - - 2,438 -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
10,103 - - 10,103 -
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 10,103 - - Cross Add Error -
A3 Payments
Stationeries 234 - - 234 -
Printing 172 - - 172 -
Rent 2,750 - - 2,750 -
Telephone and Zoom meetings 730 - - 730 -
Charitable gift 1,945 - - 1,945 -
Transport and traveling 1,485 - - 1,485 -
Micelanous 220 - - 220 -
Electricity 371 - - 371 -
- - - - -
Sub total 7,907 - - 7,907 -
A4 Asset and investment
purchases, (see table)
Assests 1,179 - - 1,179
- - -
Sub total 1,179 - - 1,179 -
Total payments 9,086 - - 9,086 -
Net of receipts/(payments) 1,016 - - 1,016 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end - - - - -
Cash funds this year end 1,016 - - 1,016 -
----- End of picture text -----

CCXX R1 accounts (SS)

18/07/2025

Section B Statement of assets and liabilities at the end of the period

Unrestricted funds to nearest £ 377 4,020 4,397 Agreement Error Unrestricted funds to nearest £ - - - - - - Fund to which asset belongs Fund to which asset belongs Fund to which liability relates	Restricted funds to nearest £ - - - - OK Restricted funds to nearest £ - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - Amount due (optional)	Endowment funds to nearest £ - - -
		-
		OK
		Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - - - When due (optional)
	- - - -
Print Name Sunday O. Morakinyo Tessy Temitope Taiwo		Date of approval 03/07/2025 03/07/2025

CCXX R2 accounts (SS)

18/07/2025