Charity Number: 1015693 Agape Christian Fellowship Trust Finaneial Statements For the Year Eoded 31 December 2023 Augvstus & Co Chartered Certified Accountants
e ChrAstian Fellowshi Trnst Index Contents l*gal and Administrntive Details 24 Trustees Rewrt IJHlependent Examinerfs Report Statement of Financial Activities Balance Sheet 8-10 Notes to Accounts
e Christiall Felloiyshi l and Administrntive Details Trustees Mrs J Dizon Mrs Myla Castro Mrs Estratyn Murchison Bankers Barclays Bank PIC Stratford Branch 737 Barking Road London E13 9PL Independent Examiner A A B0afB[ew FCCA MBA Chartered Certified Accountant 374 LEY Street Ilford Essex IGI 4AE Re8lStered Address Emmanuel Hall 16-24 Francis Street Strarford London E15 IJG Charity Number: 1015693
Cbristian Fellowsbi Trust Report of the Tnistees The trustees submit their annual report together with the financial statements for the year ended 31 December 2023. The financial statements have been prepared in accordanc¢ with the accounting policies set out in note I to the accounts and comply with the charity's trust deed. the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to harttics preparing their accounts in accordance ivith the Financial Reporting Stsndard applicable in the UK and Republic of Ireland published on 161071I4. Governing Document It is governed by a trust deed dated 10 November 1992. It was registered as a charity on I l December 1992. Objectives Th¢ obj¢ctivcs of th¢ fellowship aT¢: the advancement of the Christian faith in the United Kingdom and abroad and in particular tn the thater London area as a Chri5ttan Church by any lawful and proper means including (but not by way of limitation) the worship of GO th¢ preaching and proclamation of the Christian Gospel. thc teaching of Christian doctrinc and principles. the instruction. edifjcation and pastoral care of children. the relief of peTsons who are in conditions of need. hardship or distres% or who are aged or sick in the United Kingdom and abroad. Review of Activities The fmanciaI position of the fellowship at the end of the ffflancial year is as detailed in the attached financial statements. The charity received income of £233.176 during the year. Trustees The following served as trustees during the year: Mrs J. Dizon Mrs Myla Castm Mrs Estralyn Murchison The following were trustees at th¢ time the financial statements were signed. Mrs J. Dizon Mrs Myla Castro Mrs Estralyn Murchison
Christian Fellinvshi Trust Trustee SelectioD Method Trustees are appointed by resolution of the existing trustee body. Activities and Achievements During the Year Agape Christian Fellowship and our outreaches hold regular meetings during the weeL We gather every Sunday in the East. in the West London campus. in Milton Keynes. aDd in Philippines for corporate worship. We commit ourselves to be part of a Discovery Gmup 2nd to groiv together in loving Grf througb the skndy of His Word and other Cbristian resources. We are continuously providing 5pirituaL emotii)nal and fllMncial 5UPtx)rt to meet the needs of an individual or families who are in difficulties. We now also bave our online ministy offering prayer and support especlally to tbose ujjable to go to our site. Our BibIe school IniSty. International Bible Institute London is an ongoing trdining ministy aiming to equip our local cburcb workers as well as workers from other churches in the United Kingdom. Singapor4 Thailand and Philippines. During the year, Agape CODtinued its Mini5ty to the EldeT5 and its partDetship witb a l]sty in Bohol, in MiDdanao, and Without Borders Prayer Centre in ClaTL PhilippIll. In November 2023. Bless U Homes Without Borders Thaiknd officially became our paTther in the ministy in reachints out. feeding the needy. teaching the chitdren to learn English. a[ teaching adults. community skills sh as cooking. baking. making shamp)o. soap and other cleaning detergen The fellowship continues to provide not only financial support, Chri&ian resources and materials but most importantly spiritual support to our njissionaries all over the worl The fellowship continues to support its buildintr ¥ project. The church members and donors from all over the world believe with us and continue to sow seeds through their faithful givin¥F The Hospitality Ministy was able to reach out to more people in need and regularly giving donation5 to the Food Bank. In December 2023 we distributed boxes of foo(L toiletrie& clothing. and gifts duri Christma5 Holidays. W¢ are blessed we were able to reach out and serve the community. and are blessed that our you people and adults have faithMly committed themselves in this miDistty. RerVeS Policy The organisation has set up a building fund with the view to purC1sing its own propety in the future. At 31 December 2023 there w&s f unrestricted reserves of £5.587 which will be used in the furtherance of the charity's objectives. Love Gifts and MissioL8 The organisation has limited funds but airns to provide support and a5SiStance to people in Deed in accordance with its objectives. Review of Major Risks The major risk facing th¢ organisation is ru¢¢d cOngation. The trustees and the ministy team are ¢ndeavouting to addr¢ss this. Plans for the Future Our future plan 15 to extend the WO we are doitits in reathing out to serve and do more for the people and the community.
ristl¥ll Fellowsh Uow A¢ttvliits defThwr public benefil Our a¢liYiiI and iyho we ro serve E¥S (k5¢tilKdin our oiyeLaivesaod ac6vliies. All ( haritable athiviti&% f(KUS Oll Il%se 01¥¢5 lo fithour rtwilable puryosts fotik bIl¢ knEfit. ststethMtofTrystee¢ RttpowThllitA ccord0% wilh appliL7ble lawand Unired Kid0th ACX118 standa (United Kitigd GèAfdUy Acccpiaj Ac&x)uDting Practicel The 1awapplibk io di8rities in E18{1 & Waley requitts In tr) pffP8 finanrial am¢Jts foT ¢ach finW41 y¢ar which &iYe a 8nd fairryi¢wof theEeof affairn of th¢ clwity andofihe in¢omin8 resources Jnd appliMiion of r¢soure¢s ofthe dwily fisrtkni Fwiod. Jn th¢$¢ firrJrHaal statanez4 the Irwe¢s ate required lo: a) leCtsuId¢ PDlicies aTMI atoly th¢rnLmilnr1y: b) obserye tfEd PFlnc5ples in thG Char<11 SORP. cl tnake jfvnts th& Ra50nable 8oJ prndeDi: d) state 4Jp1tb]e aLYountin8 slllndards Imvc been folknved. to •Ly devr¢S diselosed alldcxplaincd in the fiwicill stsmen. e) pr¢p¥rr the ftswicial 8fatew¢nts on th¢ going b&%15 li IJ i]W0&t preswne that the¢t0Tity will corAinv¢ in oraatioo The are responsii le for kcrping proper{)ntingC0rth tt1 dlsclose with reoscffpMe dcy at aoy time the financial p)sitton of the cb8rity 4rlenobl¢ them eTr4ure tb81 the tTJ)3n¢iat siatfments wnjpl). R?th theC1HrIti Ad 2011. the applicth Chfjrilic5 (Affj)un15 and Rew) K¢gulation& tt[VisiOnS of Ihc In de¢d They a also rpBibl¢ for safEgdIngte asscts char'tty taknngpJsonable st¢P5 for th¢ preventionartd defteti of fiaud and oth¢r ltr rusi¢es arg resp)lllAe forllK UbaintcMKcend ofth¢¢han"ty the fllmncial lAf0tatiOn 00 ik Charf5 W1 L¢gi¥lAiTon in th¢ UDtl¢d Kir0dj EoYerninK ikn and di58emination of knnoial erCtits k8l&tiOn iD Lther jurisdidlons. IDd¢pE4d¢nf E1CT lThe tNs¢s inteod s&kiog the EsISti gc¢OUn Indetell exomiwon of the orwisaliDn'$ accoimts ID IlK> following yts. De¢knUoo I drElar4 in my catjacity of¢hrity If¢. thaL" bave aullxirised m¢w th¢irbEl41f. rs Myl& C&fLTo Positiop.. Truste¢ DAled: 16 OdobeTW24
Agape Christian Fellowship Trust Independent Eiaminer's Report to the Trustee5 of Agape Christian Fejloivship Trust I report to th¢ trustees on my examinatson of th¢ fmancia] statements of Agape Christian Fellowship Trust ('the charity,) for the year ended 31 December 2023 ivhich comprise the Ststement of Financial Activities. the Balance Sheet and related notes. This report is made solely to the charity's trustees, &s a body. in accordance with section 145 of the Charities Act 2011. My has been undertaken so that I might state to the charity's trustees those matters I am required to stste to them in this report and for no other purpose. To the fullest extent pennitted by law, I do not accepi or &ssume resy)nsibility to anyone other than the charity and the charity's trustees as a body, for my worL for this rcFK>rL or for the opinions I have fonned. Responsibiliti and basis of report As the trustees of the charity you are responsible for the preparation of the fInancial statements in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the charity's financial statements Carried out under section 145 of the Act and in carying out my examillation I have followed all the applicable Directions given by the Charity Commission under ¢tion l45{5)(b) of the Act. An independent examination does nol involve gathering all the evidcnce that ivould be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to ivhether the financial statements present a 'true and fair. view and my rcw)rt is limited to those specific matters set out in the independent examiner's statement. Independent examiner's statement If the charity's gross income exceeds £250.(KJO your eMine[ must be a member of a bY listed in section 145 of the 2011. The income was below this threshold. I confirni that I am quaIified to undertake the examitiation because I am a member of ACCA which is one of thc listed bodies. I have completed my eLqmination. I confwm that no nterIal matters have come to my attention in CO[eCtion with thc cxamination giving mc cau5¢ to bclicvc that in any matcrial r¢sp¢ct: accounting records were not kept in respect of the charity as required by section 130 of the ACL or
the fllwicial statements do not accord with those records" or the fllmncial statements do not compty with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair vielv which is not a matter considered as part of an independent ¢Lqmination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in ordcr to ¢nabl¢ a proper understanding of thc financial statements o be reached. A A Boafo-Brewu (FCCA MBA) 374 Ley Street Ilford Essex IGI 4AE Augustus & Co D2ted.LctOber 2024
AGAPE Christian Fellowshlp Trust Statement of Finaneial Aetivities Year Ended 31 December 2023 Note Unrestricted Restricted Total 2023 Total 2022 lllcome from: Volulltary Income: donations Bank interest rcc¢iv¢d Total 231.914 [32 232.046 1.130 233,044 132 233.176 189,267 1.130 189.267 Expenditure on: Cbaritsble activities Total 255,805 255.805 255,805 255.805 L89,133 189,133 Net Movements in funds 23.759 1,130 22,629 134 Transfer of funds Reconciliation of fills. Total funds brought forward at 0110112023 50.007 58.996 109.003 108,869 Tota] fimds carried forward at 3111212023 26248 60.126 86.374 109,003 Th¢ notes on pages 8 to 10 forni part of these financia] statements.
ACAP£ Cbri$118# Feuowshlp Trthsl ljaknaee Shte¢ 1131 D¢berlIll3 2023 IzedAssets Twible knsets soi CUrrt Assds 850 C&th at batth aAd 61743 69J47 87ffi53 Crtditors: f4MIDg du• 4551 3h34 61713 85.102 TLKal assets less¢wrent liabilitb#5 86J74 lo9.13 el 85s¢15 86J74 109 Reprted hy: io io 00.126 58990 50.o¢ri 86J74 d $id 4)n its behalf b y1¥ ca (Trust) Th¢ I$ on py 8t010 fomi patof these fina19]
AGAPE Christian Fellowship Trnst Notes To Accounts Year Ended 31 DeeeAnber 2023 l. l. A¢¢ounling eonvention The funCIal staternents have been prepared under the historical cost convention with ite recognised at cost or transaclion value unles5 (Aherwise stated in the relevant notels) to these accowits. The financial statements have been preparal in accordance with the Statement of RecoDMnended Prdclice: Accounting and Reporting by Charities prep2ring their accounts in accordance with the Financial Reporting Standard 4iplicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and ihe Charities Act 201 I. 1. 2. Ineoming Resoure&s Donations relate to amounts receivable dwing the year. 1.3. Capital Grants Grants towards fdpital expenditure are credited to a deferred capital grant and released to Income and Expenditure a¢Unt over the exFected lives of the asse The amount released equals the depreciation charge. 1.4 Restricted Funds Rstri¢ted ndS e to be used for specific pwses as decided by the trnstees. Expenditure which meets this criteria is charged to the fun(L 1.5 Unrestricted Fund5 Unrestricted funds donations and other incornillg resourc receivable or gellerated fDr the objects of the charity without fiwther specified purposes and are available aq general funds. 2. Trustees The tNstees received no remuneration for their services. 3. yotary income Unrestricted Restrictrd Totsl Tot21 2023 2022 Tithes Love Offerings Others Donations towards expenses Mission Offerings Buildtng Fund Donation Child Spon50r5hÉp HM Revenue & Customs Tax Crlts Tot¥41 lll¢omiDg Resources 162.715 435 2,787 29.332 4,020 162.715 435 2.787 29.332 4,020 1,130 425 32.200 233.044 132,889 10.610 3,373 9,097 2259 45 385 30.609 189267 l.130 425 32200 231.914 1.130
AGAPE ChristiaD F¢llowship Trnst Notes to Accounts YeAr Ended 31 December 2023 4. Ch2ritable actiVAties Un-restricted R&stiicted Fund Fund Total 2023 Total 2022 Sajarics Ernployefs National Insurance Rcnt Payablc 93,269 2.897 42257 310 1.186 10.380 6.462 901 11,723 4.313 1.087 519 1.800 3.841 39.474 1.582 17.757 5.419 4,087 3,301 2.567 673 255,805 93.269 2.897 42.257 310 1.186 10380 6,462 901 11,723 4.313 1.087 519 1,800 3.841 39.474 1.582 17.757 5.419 4.087 3JOI 1567 673 2ii.805 85.686 2.215 37.687 683 1.019 8,674 4,096 972 638 8.465 i.oos 389 1,648 3.551 13,137 1.104 1.760 Insuran¢e Missions Light & Heat House Keeping & Maintenance Repaio Maint¢nance & ClcaDing StThall Music Equipment & Expenses Printin& Postage & Stationery Telepholl Pensions Motor Expenses Travclling Expcnses Hospitality Love Gifts and Don8ti(Y General Expenses Subscriptions and Publications GOV¢¢ Costs (per note 5) Depreciation on Motor Vehicles Depreciation on Furnitur¢ and Equipment 2J56 3,159 2.567 189.133 All the £189.133 in 2022 ivas charged to unrestricted fimds. 5. GoYern*nte cost Unwreslr)d Restricted Fund FutKi Total 2023 Totsl 2022 Bank Charges Credii Card Charges Legal and Professional Indert Examinerfs Fees 773 543 420 1.560 3,301 778 543 420 1,560 3JOI 738 441 420 1,560 3.159 6. Staff Costs 2023 2022 Salaries Employerfs National Insurance Pension5 93269 2.897 1.800 97.966 8),686 2215 1.648 89,549 No employee earned in excess of£60.1)(X) Averdge head count in thc ycar
AGAPE Chiistian Feuowsblp Trnst N(bÉe$ To Accounts YearEnded 31 December 2023 7. Ftted Assets FiKtur¢5 & T1 VehKk C05t At l Jatwary 2023 77274 25.670 102.944 At 31 December 2023 77274 25.670 102.944 Dw¢ciion At l January 2023 Chttrge forthe ye i.134 2J67 79.043 673 At 31 December2023 74,582 7,701 82283 Net Bk Valu¢.' Ai 31 Detemb¢r 2023 At 31 Decemkn 2022 17.969 20,536 3365 23.901 8. Debtors 8iO Prepairynents Otkr tkbtors 1021 3,733 850 9. CrtditO AJDouBts f•llin¥ dlltiwithiTr one ytr 2023 2022 Paye & NLon21 InsuTrn£¢ CthrCredÉtoJs lJ81 333 1.920 3.634 1.871 1551 Ilb. Rutricted fllnds •tJJa 31 Decetllbet 2023 2023 llKommg tgoIng R¢v¢nue Wall of Faith 58,142 59.272 51996 1,130 60.126 is conmtted iiill be used forlhe s Xtivty in fojknvgYar. 11. AMafyTis ofllet &ssets between f5 R¢stri¢tcd FuDds UDf¢strKkd FUMLS (.126 5.587 65.713
.l26 26.248 8&374 20.661 20.661 IZ Relited prty trallsi¢tion$ Ther¢ th*s no related rArty traDsathi¢m thTh8 the )ur. 10