2024-12-31-accounts - Dayspring Church Birmingham

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Charity Name: DAYSPRING CHURCH BIRMINGHAM

Charity Registration Number: 1208596

Charity Address: 19 ANTSEY FIELDS, ERDINGTON, BIRMINGHAM, B20 1AG

Administrative Information:

Members who have served as trustees are :

Reverend John Amoebi (Chair)
Pastor Tolu Adeleye
Mrs Abiola Adeboyejo
Pastor Anthony Aisien

These trustees were appointed by the charity and were approved in June 2024.

Structure, Governance and Management:

Our organisation structure is that of a Charitable Incorporated Organisation
The structure is divided into
- Trustees - serve as the overall control and management of the charity. They meet on a
- Leadership Core Team - accountable for the day to day management of the charity, delivering the vision, goals and objectives of the charity
- Workers/volunteers - responsible for the delivery of the daily activities of the charity such as worship, welfare, outreaches and sunday services.
How a trustee is elected:
Trustees are selected based on the assessment of the needs, goals and objectives of the charity. Interviews & assessments are conducted in alignment with the personality and competency requirements
Role of trustees / members of the board
The trustees make key decisions as escalated to them by the pastorate and church leadership. They oversee the finances and key changes in the charity
The trustees meet quarterly to align with the leadership of the charity and to receive progress reports.

Aims and Purposes:

DaySpring Church is a non-denominational Christian church located in the heart of Birmingham with membership spanning persons from different tribes, ages and vocations. We have regular meetings and gatherings under the pastoral leadership of Tolu and Nkem Adeleye where we expound and develop the tenets of the Christian faith, Biblical principles and practices aligned with the life of Jesus Christ. We are passionate about carrying out outreach work, youth activities and encouraging fellowship of believers.

Activities and Objectives:

At DaySpring Church we are committed to creating a dynamic environment where 1) people can grow spiritually, emotionally, and relationally in their knowledge of Jesus Christ; 2) where they can reflect the teachings of Jesus Christ in their daily lives; 3) where they can serve their communities as prescribed in scriptures.

The principal purpose of the church is to create a dynamic environment where people will know, serve, and radiate Jesus thereby raising a spiritual standard in the UK and other parts of the world. This purpose is captured in 3 key words Grow, Glow and Serve

The mission and purpose of the church will be demonstrated through but not restricted to:

1. Grow

Discipleship & maturity – nurture and develop people in the knowledge of Jesus through the preaching and teaching of the Bible in all simplicity and clarity
Provide structured education and training for all who willingly choose to follow the way of Christ
Social Action and Evangelism – locally, in other parts of the UK and overseas. Reaching all with the message of the love of God
Worship – regular public worship, prayer, Bible study and observing the sacraments of Communion and Baptism

2. Glow

Encouraging people to practically demonstrate the teachings of Jesus in their Lifestyle, Homes/family and in the Marketplace
To draw many close to God through living in excellence in all things
Serve
- Committed to service in the local church and community using the Gifts, Callings and Talents unique to everyone

· Supporting and encouraging active participation in the mission and life of the church, as well as charitable social action locally, in other parts of the UK and overseas

Committed and involved in the welfare, support, and growth of the Church

Pray for and support the unique relationship between DaySpring Church Birmingham and the local community

Public Benefit

Mission

Engaging in personal and public prayer for others
Expressing God’s love to the world through speech and action
Always welcoming and including others

Pastoral Care

The Pastor (Lead Pastor and Resident Pastor) shall have in charge the spiritual welfare and growth of the Congregation as appointed by the leading of the Holy Spirit under the overall oversight of the Board of Trustees. Leaders of the church teams or departments shall be known as “Ministers”. They will be appointed by the church Pastorate and commissioned into position before the church by the pastorate or selected church leader as determined by the pastorate. Ministers shall be responsible for the general day to day organising and running of the Church and are empowered to act on the Church Leadership's behalf. The Secretary, the Treasurer and all other Deacons shall, when able, assist the Minister in worship and all pastoral duties and bring to the attention of the Minister any matters with which they feel he/she should be acquainted.

The Pastorate are concerned with the spiritual direction and development of the local church as part of the universal church. Their responsibilities may include strategic leadership, developing the vision and ministry strategies of the church, day-to-day participation in pastoral work, evangelism, the leading of worship, celebration of the sacraments, preaching, teaching, developing the gifts and ministries of the members of the church and in encouraging the unity of the church

Evangelism Outreaches

These are the core of the church. We have outreaches every month spreading the good news of the gospel and helping the vulnerable in the community.

Ecunumenical Relationships

Dayspring Church is part of the Elim Network of Churches and we foster relationships with sister churches also connecting with other churches and where applicable other faiths.

DAYSPRING CHURCH FINANCIAL STATEMENT

June – DECEMBER 2024

Total Income and Summary of uses

Our main source income for this financial period are from freewill donations/collections from members of the charity in the form of church offerings and tithes.Contributions were also made for a visit to Cadbury’s World as part of our yearly summer activities for the children’s church (LifeSpring). The total income for this period is £20,151.84.

The church has no investments, properties or funds other than voluntary donations by members.

INCOME

INCOME
MONTH	DESCRIPTION	AMOUNT (£)	TOTAL (£)
June	Offerings & Tithe	2600.74
	Contributions for visit to Cadbury world	385.50
			2986.24
July August	Offerings & Tithe	2696.75
			2696.75
	Offerings & Tithe	2682.21
			2682.21
September	Offerings & Tithe	2313.43
			2313.43
October	Offerings & Tithe	4015.90
			4015.90
November	Offerings & Tithe	1922.49
			1922.49
December	Offerings & Tithe	3534.82
			3534.82

		Total Income Jun- Dec 2024	20151.84

Summary statement on use of Gift Aid Envelopes

We have not received any tax returns for this financial period. We are yet to receive any at all since we have just become a registered charity.

Summary of Expenses June 2024 - December 2024

The expenses for this period are also listed below. We are currently leasing the church premises for £1558.33 per month. This is the highest expense for the church but we are pleased that we have been able to manage this effectively and we are not in any deficit or debt. We raised funds to take the children and youth on an outing to Cadbury’s World. We raised £385.50 and the church added the balance of £115.35.

The church also supports its members who are in difficult financial situations to alleviate in any way that we can. The total amount spent on welfare for the financial period is £985.98. The church paid a salary to an administrator from June to October for £250 a month with a £50 bonus added in the last month. We no longer pay this person as they are now doing this in a voluntary capacity.

The church holds a number of outreach events which are open to members of the community. By this we offer an opportunity for fellowship, worship, prayer, counselling and the teaching of the Word of God. These events include our WellSpring Women’s conference in August, a Worship Night and a Word Conference both in September. The cost for organising these events are outlined below and these include honourarium for invited guests, cost of travel and accommodation for the invited guests and ministers, cost of paying instrumentalists and catering for the respective days.

Other expenditures for this period include general church expenses, church WiFi, monthly and yearly subscriptions for church phone and Microsoft, church insurance, purchase of equipment, Christmas party and gifts for the volunteers in the church.

The total expenditure for this period is £20931.09

EXPENSES

The expenses for this period are detailed below.

MONTH	EXPENSE	AMOUNT	TOTAL EXPENSES
June	Welfare	604.00
	Rent	1558.33
	Salary	250.00
	Church expenses	105.99
	Speaker	50.00
	Father’s Daycatering	171.00
	Storage	205.00
			2944.32

July August	Welfare	160.00
	Rent	1558.33
	Church expenses	431.17
	Salary	250.00
	Cadbury tickets	500.85
	Fridge	116.76
	Access insurance	273.54
	Floor lights	29.58
			3320.23

	Rent	1558.33
	Welfare	69.98
	Salary	250.00
	Wifi	20.00
	Men’s Summit	95.89
	Church expenses	331.73


		Ministers tickets		127.00
		Ministers gifts		18.11
		Wellspring conference		127.63
		Honorarium		400.00
		Drummer		50.00		3048.67
		September Rent		1558.33		1558.33

September	General expenses		£740.71
	Salary		£250
	Welfare		£70
	Church phone		£20
	Wi-Fi		£30
	Drummer		£100
	Honorarium		£150
					£1360.71
October	Rent		£1558.33
	Drummer		£200
	Sax Honour Gift		£150
	Salary		£300
	Minister Honour Gift		£200
	Conga Purchase		£230
	Laptop purchase		£247
	Minister’s Hotel Cost		£162
	Microsoft subscription		£59.99
	General expenses		£520.36
					£3627.68
November	General expenses		£282.98
	Drummer		£50
	Rent		£1558.33
	Ministers Travel Tickets		£256.79
	Wi-Fi		£30
	Church phone		£20
	Welfare		£50
	Ministers honour gift		£85
					£2333.10
December	General expenses		£675
	Charity donation		£100
	Workers gifts		£110.69
	Wi-Fi		£30
	Church phone		£20
	Welfare		£32
	Rent		£1558.33
	Drummer		£100
	Christmas party		£112.03
					£2738.05
					Total expenses
					£20931.09

Statement of Comprehensive Income and Expenditure

Income = £20,151.84

Expenditure = £20931.09

Income (£20,151.84) + Opening balance (£2,281.71) = £22,433.55

Total Income (£22,433.55) - Expenditure (20,931.09) = £1502.46

Balance carried forward by 31[st] December 2024 = £1502.46

Other charities donated to:

For this financial period we donated £100 to the Salvation Army. This is something we do yearly. In previous years we donated to the Salvation Army, Tearfund and a charity in Nigeria who run a school for less privileged children. We were not able to do so this year due to the increase in our rental expenses. Donations to other charities is something we are passionate about as a church. For this financial year we were able to raise funds to support children in an orphanage in Nigeria and those in hospital who cannot afford medical costs. This will be reflected in our next report.