Divine Arrow Of Deliverance Evangelistic Ministries (Diadem)

Active07345623EducationIncorporated 13 Aug 2010 · London

Principal activity of the company during the financial year was of General secondary education & Activities of religious organisations. Objectives and activities: To advance the Christian Religion for the benefit of the public by such Charitable means as the Trustees deem fit. Achievements and Performances: The organisation witnessed a level of stability in attendance and membership in the past year. the charity carried out some charitable supports as detailed in the notes to the Financial Statements. This year we have had to cut down drastically on the number of charitable supports we could offer because of the economic situation. The church is divided into different departments for administrative purposes with leaders appointed to oversee each department. Every member is expected to belong to a department. The Church also commenced live streaming and online radio broadcast of all our services. The reach has been phenomenal. Plans for Future: Our aim is to drive and steadily increase in the organisation. The trustees are conducting a community outreach program that target families and individuals through distribution of handbills and flyers. We were planning to set up after school classes for children, to assist working and single parents, but we were hampered by finance. It is our belief that such community service will add value to the lives of the beneficiaries and equally raise our profile within the community around us and possibly attract membership into the organisation. Considering the stability experienced so far, we are muting the idea of appointing more trustees from those who have remained consistent since the inception of the ministry. Structure, governance and management: Divine Arrow of Deliverance Evangelistic Ministries (DIADEM) was incorporated on 13th August 2010 as a Limited Company, Limited by guarantee and registered as a charity on 14th July 2011. The guarantee of each member is limited to £1. The governing documents are the memorandum and article of the company. The board of Trustees are the directors of the company. No new trustees were appointed during the period under review. The Trustees meet at least twice a year or more frequently if necessary. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charity and hence taking responsible steps for the prevention and detection of fraud and other irregularities. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the charities SORP (FRS 102).

Revenue

£63k

No comparable prior period

Profit after tax

£6k

Margin 9.1%

Employees

1

▼ -50.0% vs prior ~12m period

Net assets

£4k

Total assets £9k

Financial history

Revenue by accounting period

4 periods available · ▲ growth ▼ decline

Dec 2021
Not available
Dec 2022
Not available
Dec 2023
Not available
Dec 2024
£63k
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024£63k—£6k1£4k
31 Dec 2023———2£1k
31 Dec 2022———0-£32k
31 Dec 2021———0-£45k

Latest available figures

Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£63k
Gross profit
£41k
Operating profit
£6k
Profit before tax
£6k
Profit after tax
£6k

Balance sheet

Total assets
£9k
Cash
£694
Total liabilities
£5k
Net assets
£4k
Revenue per employee
£63k

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