2024-08-31-accounts - Nigerian Methodist Mission (United Kingdom)

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TRUSTEE ANNUAL REPORT FOR THE YEAR ENDED 31 AUGUST 2024

Introduction

Nigerian Methodist Mission ( hereafter the Mission) is an independent charity that identifies with Christian ethos found in the Holy Bible. The Mission will seek to support, empower and guide Nigerian Methodists to attain their life goals and contribute to their local churches and society. We aim to equip members for discipleship, develop lay leadership and help individuals to enrich Methodism in the UK, the communities and beyond by enabling them to integrate and use their gifts meaningfully whilst heeding the calling of God through Jesus Christ by:

responding to the gospel of God’s love in Jesus Christ.
seeking to help its members to grow and live in harmony as Christians in the UK.
encouraging and ensuring that all members are equipped and supported to come to a knowledge of and fulfil their Christian calling
Supporting our members to reach their life goals

Review of the Year

The Mission came into existence as an independent charity on 23 June 2023 and it has been a very busy 14 months culminating to its first report for the year ended August 2024. The Year Plan 2023/34 has supported members through the course of the year through their local fellowships and the coming together for Mission events. This includes the Monthly Vigil, Monthly Morning Cry prayers with key yearly events celebrated that includes Palm Sunday Community Hymn Singing, The Mission Annual Conference, Nigerian Independence Community Hymn Singing, the Harvest Thanksgiving and the Christmas Carol Community Hymn Singing with Methodist Boys High School, Old Students Association – UK and Ireland as well as Methodist Girls High School. There have also been Quarterly Seminars on educational, social and cultural topics.

Income Trends

The Missions income is primarily generated from membership dues, donations and pledges. From the accounts, the charity raised over £18784 for the year.

Expenditure Trends

Again, from the accounts our expenses for the year were at their barest minimum at only about £2070 yielding a net surplus of £16714 to our reserves.

Fund balances

The fund balance grew by 33% from the previous year to £67731.00

Plans for 2024/25

The coming year is seen as a year of growth after a year of transition. Plans are in place for more fundraising activities in order to acquire a Mission House and Office as part of its 5 year goal that will support young people in the UK. There are plans to make the Mission more agile in responding to the needs of Nigerian Methodists in diaspora, especially the new arrivals. The Mission’s plan is to empower and guide them to acclimatise to a new environment and culture whilst providing tools to help navigate better integration. We hope to work more with Stewardship Services UKET to provide general guidance on charity giving.

The Management Council have plans in the next 6 months to offer inperson structured Safeguarding training for all officers through a third party organization. There is on-going plans to ensure that Disclosure and Barring Service (DBS) check is conducted for officers that will be involved with children and vulnerable adults.

Trustees Annual Report on Finance and Governance

Basis of preparation and legal framework

The Charity’s annual report and accounts for the year ended 31 August 2024 have been prepared in accordance with the Charities Act 2011.

Full Name of Charity: Nigerian Methodist Mission – United Kingdom Registration Charity Number: 1203721 Date of registration 23 June 2023 Main communication address: P O Box 1386 Harrow HA2 2NT Members of the Nigerian Methodist Mission – United Kingdom elect officers into the Management Council meeting which is chaired by a nominated Trustee. There is also a separate Trustee meeting made up of all the Trustees.

Management Council Officers and Trustees

Management Council: Mr Adetokunbo Jolaoso (Chair), Mrs Christine Fakeye (General Secretary), Dr. Ayodeji Akiwowo, Mrs Helen Onilado, Mr Eric Ayoola, Mr Seni Fuwa, Mrs Caroline Ogunsola, Ms Adetutu Adesanya, Mrs Olusola Macaulay, Mr Akintayo Olutade, Mrs Elizabeth Osinuga

Trustees: Professor Arinola Sanya, Rev Pete Pillinger, Mrs Isoken Susan Solanke, Mr Yomi Ogunsola, Mr Adetokunbo Jolaoso

Treasurer: Ms Adetutu Adesanya Financial Secretary: Mr Seni Fuwa acts as the principal officer overseeing the preparation of the Report and Accounts. Independent examiner: Mr Andrew Sobitan FCCA, Suite 112, AJP Centre, 152-154 Coles Green Road, London NW2 7HD Bankers: National Westminster Bank

Aims and objectives of the Mission

The Aims and objectives of the Mission shall be to:

offer both Spiritual development and pastoral support to members as the needs arise.
integrate and encourage Nigeria Methodist members to participate fully in all aspects of their local communities, fellowships and the Mission.
create and maintain cultural awareness by enhancing a vibrant style of worship, in order to strengthen our Christian values within a cultural environment.
support organised activities (spiritual and social) to raise funds for agreed charitable causes.
promote love, peace and unity amongst diverse cultures within the Mission
increase individual awareness of God’s presence through seminars, conferences, church services and other faith gatherings.
celebrate God’s love, challenge injustice and make more followers of Jesus Christ.
Identify and provide support for the spiritual, emotional, personal needs of Nigerian Methodist in the United Kingdom.
Engage Nigerian Methodists to understand their needs and use resources within reason and in line with Mission policy to support members
Empower Nigerian Methodists through prayers, guidance and advise to fulfil their set goals in life within the Mission and in society
Have a dynamic, vibrant and visionary youth group equipped to contribute to the church and society
Encourage people in their discipleship.
Develop lay leadership
Equip Nigerian Methodist for life

The Mission will do all these in the teaching of Christianity through Prayer meetings, vigils and sermons and services. The resourcing of pastoral work including visiting the sick and bereaved. Promotion of Christianity through the staging of events and services.

Provision of seminars and conferences to engage and promote services of integration to our youths in various institutions.

Public Benefit

We confirm the trustees have had regard to the Charity Commission’s guidance on public benefit.

Structure, Governance and Management

The governing document for the Mission is the Nigerian Methodist Mission Guidebook 2023 (being updated for republication July 2025) Detailed policies and governance arrangements are outlined within. Day to day management of the Mission is undertaken by the Management Council and other committees convened for specific purposes. Second layer is through the Trustee Meeting.

Trustee Training

The Mission receive notifications from Charity Commission Comms which is passed on to all Trustees for continuous training and engagement. Any of the webinars that are appropriate for the members are also shared accordingly.

Risk Management

The Management Council reviews the regulatory framework in which the Mission operates – with professional advice sought, as required. Additionally, as part of risk management, income and expenditure is monitored monthly to ensure that it is in line with expected forecasts, to prevent fraud, and to ensure any unforeseen calls on reserves.

Safeguarding

The Mission commits itself to ensuring the implementation of Nigerian Methodist Mission Safeguarding Policy; government legislation, guidance and safe practice in places where it operates. There is a Safeguarding Officer in place and the policy has been disseminated to all members through a presentation. Members are reminded about being ambassadors for Christ and every person should be valued and respected

Members are aware of the key elements surrounding how to identify and respond to risks of harm in protecting the young and vulnerable.
Members are aware of the roles and responsibilities of the Safeguarding Officer and their role in safeguarding, thus working together in providing a safe environment
Members are also aware of the reporting regime within the Mission especially recognizing dangers and how to respond.

Every person has a value and dignity, which comes directly from the creation of humans in God’s own image and likeness. Christians see this potential as fulfilled by God’s re-creation of us in Christ. Among other things this implies a duty to value all people as bearing the image of God and therefore to protect them from harm.

Principles

We are committed to:

the care and nurture of, and respectful pastoral ministry with, all children, young people and adults
safeguarding and protecting all children, young people and adults
when they are vulnerable
establishing safe, caring communities, which provide a loving
environment where there is informed vigilance as to the dangers of abuse.

We will carefully select and train all those with any responsibility within the Mission, in line with safer recruitment principles. We will respond without delay to every safeguarding concern, which suggests that a child, young person or adult may have been harmed, working in partnership with the police and local authority as appropriate. We will seek to work with anyone who has suffered abuse, developing with them an appropriate ministry of informed pastoral care. We will seek to challenge any abuse of power, especially by anyone in a position of trust.

Reserves Policy

The Nigerian Methodist Mission UK aims to maintain a general reserve of unrestricted funds sufficient to meet its financial, legal and moral obligations to its service users, employees and volunteers and to all relevant authorities.”

NIGERIAN METHODIST MISSION – UNITED KINGDOM SECRETARIAT

	Charity Name	Charity Name	Charity Name	1203721	CC16a

	Receipts andpayments accounts
	For the period from	9/1/2023	To	8/31/2024


Section A Receipts andpayments
	Unrestricted funds	Restricted funds	Endowment funds	Total funds	Last year
	to the nearest £	to the nearest £	to the nearest £	to the nearest £	to the nearest £
A1 Receipts
MonthlySubscriptions	10,756	-	-	10,756	13,479
Night Vigil	-	-	-	-	-
Offertory	130	-	-	130	280
Harvest	840			840	360
Women's Fellowship	20			20	-
Men's Fellowship	-			-	100
Magazine	-			-	-
Donation	2,122			2,122	5,923
Website Donation	-			-	-
Noth London Fellowship	-			-	-
FundraisingGala Night	50			50	6,421
Miscellaneous - Epworth	110			110	800
Tithes	1,922			1,922	5,994
Carol Service	280			280	5,456
Stewardsip	325			325	-
Miscellaneous	2,230			2,230	-
	-	-	-	-	-
*Sub total*(Gross income for AR)	18,784	-	-	18,784	38,812

A2 Asset and investment sales, (see table).
	-	-	-	-
	-	-	-	-	-
*Sub total*	-	-	-	-	-

*Total receipts*	18,784	-	-	18,784	38,812

A3 Payments
Chaplain's Expenses	-	-	-	-	-
Travel - Uber	-			-	-
Telephone - O2	-			-	-
Postage	-			-	-
Printer - CCS Ltd	20			20	148
Gifts/Support	500			500	535
Fundraising Gala Night	612			612	5,720
Epworth	-	-	-	-	1,806
Website Hosting	368	-	-	368	273
Charity Formation	-	-	-	-	300
Catering	450	-	-	450	10,106
Miscellaneous	120	-	-	120	-
	-	-	-	-	-
*Sub total*	2,070	-	-	2,070	18,888

A4 Asset and investment purchases, (see table)
	-	-	-	-
	-	-	-	-
*Sub total*	-	-	-	-	-

*Totalpayments*	2,070	-	-	2,070	18,888

*Net of receipts/(payments)*	16,714	-	-	16,714	19,925
A5 Transfers between funds	-	-	-	-	-
A6 Cash funds lastyear end	51,017	-	-	51,017	31,092
*Cash funds thisyear end*	67,731	-	-	67,731	51,017


Section B Statement of assets and l		iabilities at the end of the period
Categories	Details		Unrestricted funds	Restricted funds	Endowment funds
			to nearest £	to nearest £	to nearest £
B1 Cash funds	Natwest Bank		67,731	-	-
			-	-	-
			-	-	-
	*Total cash funds*		67,731	-	- OK
	(agree balances with receipts and payments account(s))		OK	OK
			Unrestricted funds	Restricted funds	Endowment funds
	Details		to nearest £	to nearest £	to nearest £
B2 Other monetary assets			-	-	-
			-	-	-
			-	-	-
			-	-	-
			-	-	-
			-	-	-
					Current value (optional)
	Details		Fund to which asset belongs	Cost (optional)
B3 Investment assets				-	-
				-	-
				-	-
				-	-
				-	-

	Details		Fund to which asset belongs	Cost (optional)	Current value (optional)
B4 Assets retained for the charity’s own use				-	-
				-	-
				-	-
				-	-
				-	-
				-	-
				-	-
				-	-
				-	-
	Details				When due (optional)
			Fund to which liability relates	Amount due (optional)
B5 Liabilities				-
				-
				-
				-
				-

Signed by one or two trustees on behalf of all the trustees	Signature		Print Name		Date of approval

Monthly Subscriptons
	Sept	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	July	Aug	Total
O Idowu	30.00	30.00	45.00	15.00	30.00	45.00	15.00	45.00	15.00	30.00	30.00	30.00	360.00
J O Akitkori	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00				450.00
O Fuwa	100.00												100.00
Toyin Odumade	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	1,200.00
Tutu Adesanya	150.00		50.00	200.00		50.00	200.00		100.00	50.00	50.00	50.00	900.00
Dame Isoken Solanke	200.00	100.00		100.00	100.00			100.00					600.00
Kayode Olukoya	20.50	20.50	20.50	20.50	20.50	20.50	20.50	20.50	20.50	20.50	20.50	20.50	246.00
O Akinyemi	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00				450.00
Sampson Akobundu	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	240.00
A Sanya	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00		20.00	220.00
Yetunde Orija	60.00	20.00		20.00									100.00
Abimbola Okegbile	200.00	400.00		200.00		400.00	400.00						1,600.00
MT Fakoya	80.00												80.00
Yemisi Olayiwola	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	240.00
E Osinuga	5.00	5.00	10.00		10.00		10.00	10.00	10.00		20.00	10.00	90.00
A Olukokun	20.00												20.00
Akintayo Olutade	25.00	25.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	250.00
C Fakeye	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00			50.00	50.00	500.00
Adebola Bammeke	100.00	100.00	100.00	100.00	100.00	100.00		200.00	100.00		200.00		1,100.00
Bolajoko Olukoya	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	240.00
Ayodeji Akinwowo	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	20.00	240.00
S O Okegbile	50.00		50.00		50.00	50.00				100.00			300.00
Samuel Onilado		510.00											510.00
Olayide Fadugba		100.00											100.00
A O Ogunro			50.00										50.00
MA Adeloye			100.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	50.00	550.00
A B Ashaye					20.00								20.00
													-
TOTAL	1,390.50	1,660.50	795.50	1,075.50	750.50	1,085.50	1,065.50	795.50	615.50	470.50	620.50	430.50	10,756.00










Tithes

	Sept	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	July	Aug	Total
S O Okegbile	365.00	50.00	535.00	5.00	11.00		2.00	3.00	30.00			6.00	1,007.00
S O Okegbile	40.00		40.21	2.00			3.00	3.00	5.00				93.21
S O Okegbile	10.00			30.00			50.00	50.00					140.00
S O Okegbile	110.00			15.00									125.00
S O Okegbile	325.00			50.00									375.00
E O Olusetre	180.00			1.60									181.60

TOTAL	1,030.00	50.00	575.21	103.60	11.00	-	55.00	56.00	35.00	-	-	6.00	1,921.81

Nigerian Methodist Mission Accounts 1 September - 31 August 2024	Nigerian Methodist Mission Accounts 1 September - 31 August 2024	Nigerian Methodist Mission Accounts 1 September - 31 August 2024	Nigerian Methodist Mission Accounts 1 September - 31 August 2024	Nigerian Methodist Mission Accounts 1 September - 31 August 2024	Receipts and Payments	Receipts and Payments	Receipts and Payments

Income
	Total	September	October	November	December	January	February	March	April	May	June	July	August
Monthly Subscriptons	£10,756.00	1,390.50	1,660.50	795.50	1,075.50	750.50	1,085.50	1,065.50	795.50	615.50	470.50	620.50	430.50
Night Vigil	£0.00
Ofertory	£130.00		£10.00	£20.00	£20.00	£50.00	£30.00
Harvest	£840.00			£520.00	£270.00		£10.00			£40.00
Women's Fellowship	£20.00								£20.00
Men's Fellowship	£0.00
Magazine	£0.00
Donaton	£2,121.55	£25.00	£50.00	£250.00		£776.55			£50.00	£820.00		£70.00	£80.00
Website Donaton	£0.00
Noth London Fellowship	£0.00
Fundraising Gala Night	£50.00	£50.00
Miscellaneous - Epworth	£110.00			£110.00
Tithes	£1,921.81	1,030.00	50.00	575.21	103.60	11.00		55.00	56.00	35.00			6.00
Carol Service	£279.70				£279.70
Stewardsip	£325.00												£325.00
Miscellaneous	£2,230.38		£273.20	£714.97	£745.00	£187.21	£160.00	£50.00	£50.00	£50.00
Total	£18,784.44	£2,495.50	£2,043.70	£2,985.68	£2,493.80	£1,775.26	£1,285.50	£1,170.50	£971.50	£1,560.50	£470.50	£690.50	£841.50
Expenditure
		September	October	November	December	January	February	March	April	May	June	July	August
Chaplain's Expenses	£0.00
Printer - CCS Ltd	£20.00								£10.00				£10.00
Gifs/Support	£500.00	£500.00
Fundraising Gala Night	£612.00	£612.00
Epworth	£0.00
Website Hostng	£367.99		£17.99								£350.00
Charity Formaton	£0.00
Catering	£450.00		£150.00		£300.00
Miscellaneous	£120.00				£120.00

Total	£2,069.99	£1,112.00	£167.99	£0.00	£420.00	£0.00	£0.00	£0.00	£10.00	£0.00	£350.00	£0.00	£10.00

TOTAL INCOME LESS EXPENDITURE	£16,714.45



Bank Reconciliaton

Balance as at 1 September 2023	£51,016.68
Add:
Receipts	£18,784.44
Less:
Payments	£2,069.99

Balance at at 31 August 2024	£67,731.13

Cash Funds Held As At 31 August 2024
	Opening Bal		Additons		Closing Bal
Bank Current Account - Natwest	£51,016.68		£16,714.45		£67,731.13
Consists:
Chaplaincy	£42,508.68		£16,644.45		£59,153.13
Men's Fellowship	£195.00				£195.00
Women's Fellowship	£1,365.00		£20.00		£1,385.00
Gala Night	£6,948.00		£50.00		£6,998.00
	£51,016.68		£16,714.45		£67,731.13