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2025-10-16-accounts

Covenant Ministries International Worldwide

Trustees’ Annual Report

For the Year Ended 16 Oct 2025

Reference and administrative details:

Charity Name: Covenant Ministries International Worldwide Charity Registration Number: 1205238 Charity Address: 127 Turkey Street, Enfield EN1 4NN

Trustees are appointed in accordance with the constitution.

During the year, the following persons served as trustees:

Structure, Governance and Management

Constitution:

The charity is a Charitable Incorporated Organisation (CIO) Foundation and is governed by a constitution dated 29 November 2025. (Amended date: A change of name for a member of

the trustees as a result of marriage was submitted to the Charity commission and duly amended).

Management:

The trustees manage the charity and meet regularly to review progress and make decisions.

No trustee received any remuneration for their role.

Objectives and Activities

Charitable Objects:

The objects of the CIO are as follows:

through the holding of prayer meetings, lectures, public celebration of religious festivals, producing and/or distributing literature on Christianity to enlighten others about the Christian religion.

Public Benefit

Covenant Ministries International Worldwide is committed to enabling as many people as possible to become part of our church community, whether online or in person. We encourage attendees to invite others to participate in our Bible-based worship and prayer meetings.

When planning our activities, the trustees confirm we have had due regard to the Charity Commission’s guidance on public benefit, in particular the Charity commissions’ guidance on charities, for the advancement of religion. We are committed to enable individuals to live out their faith as part of our community through worship and prayer, learning about the good news and developing their knowledge and trust in Jesus Christ. We also offer pastoral support to attendees seeking prayer or a listening ear. All activities are open to the public and everyone is welcome to attend the services.

Main Activities and Achievements:

Worship and Fellowship

Throughout the year, Covenant Ministries International Worldwide held a range of weekly services which attendees found spiritually enriching and supportive. Many expressed appreciations for the accessibility of online services, which allowed them to attend even when they could not participate in person.

Our services included worship, preaching, and communal prayer, and were conducted in person and online for about six months and later primarily via Zoom due to issues with easy access to the venue. When in-person gatherings took place, printed leaflets and visual presentations helped attendees follow the service more easily. All services remained open to the public, and attendees were warmly welcomed. Those who wished to express gratitude to God for milestones (e.g. birthdays) were given the opportunity to do so and share these moments with the wider church community.

Bible Based Prayer

Online Wednesday evening prayer meetings created a dedicated space for communal intercession and reflection. Attendees actively participated through live prayer and by sharing reflections or requests. Intercessory prayer held on Fridays for attendees wanting to pray for others and global events in the world.

Outreach and Evangelism

During the year, online platforms and flyers were used to create awareness and invite attendees to the meetings held by the charity.

Major Christian Festivals

The church observed key Christian festivals like Christmas and Easter, with additional services designed to foster a strong sense of community. These included Carol Service, Good Friday, end of year Crossover Service and other meetings for special prayers during the lent period. These programmes generated good attendance and were appreciated by attendees for their spiritual depth and communal significance. The services helped maintain a rhythm of celebration and reflection around major events in the Christian calendar.

Custodian trustees

CMIW or its trustees do not act as custodian trustees.

Financial Review

Income and Expenditure:

The charity received total income of £5,227.44 during the year, mainly from:

Total expenditure for the year was £3,876.40. Details are as in the Receipt and Payments account submitted.

As of year-end, the charity held £22,847.55 in reserves. Based on the agreed policy of maintaining reserves equivalent to 6 months of core operational costs, the current reserve surplus is £19,624. The trustees consider this sufficient to meet ongoing obligations. The charity held no restricted or designated funds during the reporting period.

Volunteering

Covenant Ministries International Worldwide is deeply grateful to all the trustees who volunteered their time and skills throughout the year. Their contributions were vital to the smooth running of our services. Their willingness to serve ensured that both online and faceto-face services ran effectively and created a welcoming and organised environment for all participants. The trustees would like to thank each volunteer for their dedication and continued commitment to the mission and values of the charity.

Independent Examination

As the charity’s income is below £25,000, no independent examination or audit is required.

Declaration

The trustees declare that they have approved this report and it is signed by the Chair on behalf of the board of trustees.

Signed:

Revd. Olufemi Paul Oyebokun

Position: Chair

Date: 18 June, 2026

Charity Name
COVENANT MINISTRIES INTERNATIONAL WORLDWIDE
Charity Name
COVENANT MINISTRIES INTERNATIONAL WORLDWIDE
Charity Name
COVENANT MINISTRIES INTERNATIONAL WORLDWIDE
No (if any)
1205238
No (if any)
1205238
For the period
from
Period start date
17/10/2024
To Period end date
16/10/2025
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest
£
1,942
2,926
359
-
-
-
-
-
5,227
Donations 1,942 - - 1,942
Donations bank 2,926 - - 2,926
Interest 359 - - 359
- - - -
- - - -
- - - -
- - - -
- - - -
5,227 - - 5,227

A2 Asset and investment sales, (see table).

5,227 5,227 5,227 5,227 5,227 5,227 5,227 5,227 5,227
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total
-
- - - -
Total receipts 5,227 - - 5,227 8,978
A3 Payments
Zoom payments
192 - - 192 187
IT consumables
148 - - 148 125
Studio equipment/décor
- - - - 672
Phone bill
103 - - 103 88
Programmes/minstering
92 - - 92 689
Hall hire
2,340 - - 2,340 2,564
Liability insurance
105 - - 105 26
Website/advertisiing
483 - - 483 747
Postage, printing, stationery,Canva
414 - - 414 141
Sub total
3,876 - - 3,876 5,238
A4 Asset and investment
purchases, (see table)
- - - -
Sub total
- - - - -
Total payments 3,876 - - 3,876 5,238
Net of receipts/(payments) 1,351 - - 1,351 3,741
A5 Transfers between funds
- - - - -
A6 Cash funds last year end
21,497 - - 21,497 17,756
Cash funds this year end 22,848 - - 22,848 21,497
Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Unrestricted
funds
to nearest £
-
-
-
-
Agreement
Error
Unrestricted
funds
to nearest £
-
-
-
-
-
-
Fund to which
**asset belongs **
Restricted
funds
to nearest £
-
-
-
-
OK
Restricted
funds
to nearest £
-
-
-
-
-
-
Cost (optional)
-
-
-
-
-
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
- -
- -
- -
- -
- -

B4 Assets retained for the charity’s own use

B5 Liabilities

Signed by one or two trustees on behalf of all the trustees

Details
Podium
Flower pots
Computer/accesories
Microphones
Mixer
Mobile Phone
Laptop
Power Amp
Details
Fund to which
asset belongs
Fund to which
liability relates
Cost (optional)
-
-
-
-
-
-
-
-
-
Amount due
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
-
-
-
-
-
Signature Print Name
OMOLARA OYEBOKUN
JOY JAIYEOLA-OYEBOKUN
Date of
approval
OMOLARA OYEBOKUN 18/06/2026
JOY JAIYEOLA-OYEBOKUN 18/06/2026