Charlty Number 1023572 FAITH MINisfRIES Report and Accounts for the year ended 28 February 2025
FAITH MINISTRIES Report and Accounts for the year ended 28 February 2025 Contsnls Paga Charlty Infomiatlon Tru5tees' Report Statement of Trustees, Responslbllltles Independent Examlner's Report Statement of Flnaficlal Attlvltles Balance Sheet Notes to the Accounts 9-14 Detalled Statement of Flnanclal Actlvltles 15
FAITH MINisfRIES Charlty Informatlon for the year ended 28 February 2025 Charlty Number 1023572 Governlng Instrument Declaratlon of Trust dated 21 June 1993 Trustses Lllian J F dé Fln Kathryn Holland Abe de Fln Brlan R Holland Peter de Fln Trust Objectlve al The advancement of the Chr15tSan falth bl The rellef of persons who are in condttlons of neéd, hardshlp or dlstress or who are aged or sick c} The promotlon of charitable purpt)ses beneficial to the communlty Address 5 Sedber8h Close Bradford West YorkshlrÈ BDIO 9FH Independent Examlner Samantha. J. Sutcllffe F.C.C.A, Torevell Dent Ltd Chartered Certlfled Accountants Centre of Excellence Hope Park Trevor Foster Way BRADFORD BD5 8HH
FAITH MINISTRIES Trustees Annual Report for the year ended 28 February 2025 The trustees present thelr report and the unaudlted flnanclal statement5 of the charlty fortk year ended 28th February 2025. efèrence and a déta Re8i$t•rtd tharlty name: Falth Ministries t/as Acts Church Bradford Charlty Reulstritlon Number: 1023572 Prfnclpal offiee and r•B15tered office: 5 Sedbergh Close Bradford West Yorkshlre BDIO 9FH Trusteès Lllian de Fln Kathryn Holland Ab8 de Fin Brlan R Holland Peter de Fln ershl Ststement As a church, we belleve that the messase of Jesus brln8s hope, transformatlon and practlcal eare to our clty and beyond. Throughout thls year, we have contlnued to pursue our mlssloft-to proclalm the Gospel and demonstrate God's love through acts of servlce, dlsclple5hlp and communlty en8a8ement. We are grateful for every volunteer. Supporter and member who has partnered wlth us In falth. Together, we are seeing Ilves lrnpacted and stren8thened. As we look ahead, we remaln eommltted to bulldlng stron8 foundatlons, developing leaders and servlng ourcommunlty wlth compasslon and Inte8rlty. Structure Gov•rn4nce and Mana ment The Charlty Is governed by the declaratlon of Trust dated 21st June 1993 as submltted at reglstratlon, The charlty Is overseen by the Board of Trustees ensurin8 accountabillty and compllance. The Trustees contlnue to revlew all aspects of church development 8nd growth. The Trustees feel that a change in structure of the Charlty would be beneflclal In the future, taklng Into account the purchase of a bulldlng, an asset In the future and continue to look at when it would be most appropriate to begln the process of convertlngto a Charltable Incorporated Organlsatlon ICIO).
FAITH MINISTRIE5 Trustees Annual Report (contlnued> for the year ended 28 February 2025 Safe uardln and Volunteer Pollcles Trustees ensure safe mlnlsiry dellvery through safe8uardln8 procedures, Safer recrnltment of volunteers and the support of other volunteers. Rlsk Mana ement Trustee5 revlew financlal 5UStalnablllty, safeguardlng re5ponslbllity and volunteer capaclty to reduce risks. Rlsk assessments are contlnually reviewed In Ilne wlth Health & Safety Regulations and Safeguardlng requlrements by the Safe8uarding Offlcer. The Objectlves of the Charfty are the proclamatlon and furtherance of the Chrlstlan falth and the demonstratlon of practleal Chr15tlanlty throu8h acts of servlce wlthln Br8dford, Yorkshlre and the UK. We are commltted to the preventlon and rellef of poverty, pastoral care, counsellin8 and support for church members, those new to the Chrlstlan falth and our wlder communlty, Includlng but not Ilmlted to those who are vulnerable: the aged, the sick and those struggllng wlth addiction and Ilfe<ontTolllng tssues. Publlc Beneflt Stateme The Trustee5 confirm compllance with the Charity Commlsslon's 8uldan¢e on publlc benefit. Mlnlstry acllvttles are made accesslble regardless of back8round or clrcum5tance. Achlevements and Performance Contlnued weekly worshlp servlces, dlsclpleshlp8roups and a Blble School, now in its thlrd year. Increased engagement Sn community outreech and street evangeltsm. stngthened chlldren's mlnlstry 5UPPOrt and resources. Hosted lrnpactful Chrlstlan teachlng events and guest 5peakets. On80Sng pastoral care, counselllng and prattlcal sUPPOrt for coMmunY needs.
FAITH MINISTRIES Trt4JteeJ Annual Report (continued} for the year ended 28 February 2025 Flnanclal revlew Income came malnly from donatlons and offerlngs 8lven by our8enerous, faithful church members and vlsltors, dlrectly supportlng our mlnlstry costs and enabllng us to support those who were 5trugBllng financlalSy or otherwlse. The cost-of-Ilvln8 crls15 contlnues to be a challen8e to many, Includlng famllles, and the Tiustees always prayerfully conslder the requests of those who need support. The Trustees have seen an Increase in requests for help: food provlslon, help wlth rent, car repairs, clothes for f8mllles. The Charfty also remalns commltted to Iransparency In flnenclal matters, ensurlng responslble stewardshlp of resources entrusted to us. Re8ular flnanclal revlews are conducted to malntaln accountablllty and support our on8oln8 mlnlstry Inltlatlve5. We strlve to allocate funds effectlvely to maxlmlse thelr Impact on both our congregatlon Bnd the broader community. Two houses were glfted to the Charlty to enable the Trustees to purchase a bulldlng wlth land forthe expanslon of the church and for use by the communlty. Both houses were 501d, The Trustees consider the flnanclal posltlon ofthe Charltyto be satlsfactory and comrnlt forthe comlng year to Increase support forthose In need. The Trustee5 are respon51ble for the updatlng of accountlng records to ensure they comply wlth the Charltles A¢ts 2011. The Trustees are also responsible for takln8 reasonable steps to prevent fraud and other Irregularftles. All the flnanclal statements accompany thls report, Reserves Pollc The tNstees continue to revlew the f'lnanclal posltlon of the charity and to ensure that approprlale funds are being contrlbuted to enable the charlty to meet its flnanclal obll8atlons and to fulfll the stated flnanclal oblectlve5 of the charlty. Lookln Ahead Our focu5 includes developlng dlsclpleshlpi Outreach, 81ble School teaching and Increased pastoral care. The Tmstees contlnue to pursue the purchase of a bulldlng sultable for the operatlon and grovrth of the church.
FAITH MINISTRIES ststernent of Trustse5 Re5ponslbllltles for the year ended 28 February 2025 The Trustees are responsible for preparlng the Report of the Trustees and the Flnanclal Ststernents In accordance wlth appllcable law and Unlted Klngdom Accountlng Stsndards. The law appllcable to charltles in England and Wales, the Charity Act 2011 and the provlslons of the trust deed requires the trustees to prepare financial statements for each financlal year whlch glve true and fair view of the state of affalrs of the charlty and of the incoming resources and applicatlon of resources, Including the Income and expendlture, of the charity for that perlod. In preparlng those flnanclal statements, the trustee5 are requlred to select sultable accountlng pollcles and then apply them con515tently' make Judgements and estlrnates that are reasonable and prudent; State whether applicable accounting standards and statements of recommended practlce have been followed, subject to any materlal departures dlsclosed and explalned In the Flnanclal Statements. prepare the Flnanclal Statements on the golng concern basls unless It Is Inapproprlate to presume that the charlty wlll contlnue In business. The trustees are responsible for keepln8 proper accountlng records whlch dlsclose with reasonable accuracy at any tlme the financlal posltlon of the charlty and to enable them to ensure that the Flnanclal Statements comply wlth the Charltles Act 2011 and the provlslons of the trust deed. They are also responslble for safeguardlng the assets of the charlty and hence for taklng reasonable steps for the preventlon and detection of fraud and other Irregularlties.
FAITH MINISTRIES Independent Examlnerfs Report to the Trustees of Falth Ministries for the year ended 28 February 2025 I report to the trustees on my exarnlnatlon of the accounts of Falth Mlnlstrles Ithe Trust) for the year ended 28 February 2025. Responslbllltles and basls of report As the charlty trustees of the Trust you are responslble for the preparation of the accounts In accordance wlth the requlrements of the charleS Act 2011 ('the Act'l I report In respect of my examlnation of the Trust's accounts carrled out under sectlon 145 of the 2011 Act and In earrylng out my examlnatlon I have followed all the appllcable Dlrectlons gfven by the Charlty Commlsslon under section 145(5)Ib) of the Act. Independent examlner's statement I have completed my exarnlnatlon. I conflnn that no materlal matters have come to my attentlon In connection wlth the exaffiinatlon 8lvlng Me cause to belleve that In any materlal respect: l accountlhg records were not kept In respect of the Trust a5 requlred by sectlon 130 of the Act; or 2 the accounts do not accord wlth those records; or 3 the accounts do not compty wlth the appllcable requlrements concemlng the fonn and content of accounts set out In the Charltles (Accounts and Reports) Regulatlons 2008 otherthan any requlrement that the accounls 8fve a 'true and fajr vlew, whlch Is not a matter consldered as part of an Independent examlnatlon. I have no COnrnS and have come across no other matters In connectlon wlth the examlnatlon lo whlch attentlon should be drawn In thls report In order to enable 8 proper understandlng of the account5 to be reached. mantha. J. Sut¢ Torevell Dent Ltd Chartered Certified Accountants Centre of Ex¢ellence Hope Park Trevor Foster Way BRADFORD BD5 8HH ffe FCCA Date..
FAITH MINISTRIES Statement of Flftandal Actlvitles for the year ended 28 February 2025 Total Funds 2025 Total Funds 2024 Unrestrlrted Funds Restrlcted Funits Notes Inc Donatlons and legacles Glfts Gfft ald Bulldln8 funds Muslc and Bible School Propertles 156,065 64,466 32,501 5,702 2,590 156.065 64,466 32,501 5,702 2,590 249,963 129,519 17,825 13,726 7,775 249,963 Tot•1 261,324 249,963 511 87 168,845 Charitsble actfvltles Other 37,361 125,824 37,361 125,824 37,551 127,773 Total 163,185 163,185 165324 Net Incomel(expendltur•) 98,139 249,963 348,102 3,521 Total funds brought forward 20,977 334 21,311 17,790 Transfer between fu nds Total funds carrled tOnV8rd 119,116 250,297 369,413 ZIAII
FAITH MINISTRIES Balance Sheet for the year ended 28 February 2025 Total Funds 2025 Total Funds 2024 Unrestricted Funds Restricted Funds Notes Flxed A$5ets Tanglble Assets 4,266 4,266 5,935 Current Assets Debtors and prepayments Cash at bank and In hand 851 115,749 116,600 851 366,046 366,897 851 18,667 19,518 250.297 250,297 Uabllltles Credltors: amounts due wlthln one year 1,750 1,7501 14,1421 Net current assets 114,850 250,297 365,147 15,376 Net Assets Funds Unrestrlcted funds Restrlcted funds 119,116 250,297 20,977 334 369,413 21,311 The Flnanclal Statements were approved by the Trustees on.,,.. K Holland
FAITH MINISTRIES Notes to the Accounts for the ye8r ended 28 February 2025 l Attounlln8 Pollcles a) Accountln8 Convention The Flnanclal Statements have been prepared under the hlstorlc cost basls of accouTltln& and are In accordance wlth appllcable aecountlng standards, the Charftles SORP IFRS 102) and the Charltles Act 2011. b) Income and endowments All Incorne and erKlowrnents are Included the statement of ftrtanclal artfvltles when the charlty Is legalty entltled to the Income and the amount can be quantlfled wlth reasonable accuracy. Costs of Keneratlng fun(ts: Voluntary Income comprlses tlthes and freewlll offerlngs from church members and others attending church servlces, The trustees conslder It Impractlcable to attrlbute costs to thls Income deemlng all costs to be charltable actSvltles. c) Expendlture All expendlture Is accounted for on an accruals basls as a Ilablllty Is Incurred and Includes VAT whlch cannot be fully recovered. Charltable actlvltles comprlses the dlrett costs of the pastorate together wlth the costs of projects and actlvltles related to the propa8atlon of the Gospel and the delivery of actSvltle5 and servlces to115 beneflclarles. It Includes both costs that can be allocated dlrectly to such adlvlties and Indlrect C05t ecessary to SUPPOrtthern. Other costs comprlses the dlrect costs of the Charlty that are not related to charltable actlvltles or fund 8ener8tlon. The trustees con51der that any apportlonment of Indlrect costs would not be materlal. dl Flxed Assets Flxed a55et5 are Included at cost less accumulated depreclatlon. Depreclation Is provlded to wrfte off the c05t or valuatlon, less estlmated residual values of all flxed assets except freehold land, over thelr expecled useful live5. It Is calculated at the followlns rates: Flxtures ènd ffttlngs Computerequlprnent 20% on redcIng balance 33% on c05t e) Taxatlon charfty Is exempt from tax on Its charltable actlvFtles. Fund Attountlng Unrestrlcted funds can be used In accordance wlth the charitable objectlves at the dlscretlon of the trustees. Re5trltted funds can only be used for partlcular restrlcted purposes wlthln the objects of the charlty. Restrictlons ar15e when specrfied by the donor or when funds are ralsed for particular restrlcted purposes.
FAITH MINisfRIES Notes to the Attounts lcontlnued) lor the year ended 28 February 2025 2 Income and Endowments ljnrestrlcted Restrlcted Funds Funds Total Funds 2025 Total Funds 2024 Donatlons and legacle5 Propertie5 glfted Glfts Bulldlng funds 156,065 156,065 249,963 64,466 5,702 129,519 249,963 64,466 5,702 17,825 226,233 249,963 476,196 147,344 Other Incomlng resources Glft Ald Music and Blble School 32,501 2,5 32,501 2,590 13,726 7,775 35,091 35,091 21,501 Total Income 261,324 249,963 511,287 168,845 3 Expendlture Unrestrlctsd Funds Restricted Funds Total Funds 2025 Total Funds 2024 Charltable Actlvltles Mlntstry glfts Community support Outreach and Evangellsm Erntertalnment Music School Blble School Honorarlums Refreshrnents and hospltallty Resources Chlldren's M Inlstry Motor and travel expenses 6,388 1.704 242 3,857 2,415 6,388 1,704 242 3,857 2,415 284 9,925 1,960 2,974 1,127 6,485 24,474 2,680 3,528 3,163 9,925 1,960 2,974 1,127 6,485 851 756 37.361 37.361 37,551 io
FAITH MINisfRIES Notes to the Accounts (contlnued) for the year ended 28 February 202S 3 Expendlture (contlnued) Unre5trl¢ted Funds Restrlcted Funds Total Fund5 2025 Total Funds 2024 ther Wages and penslon Securlty Insurance LlghtAnd heat Telephone Prlntln& postage and 5tatlonery Repalrs and malnten4nce Equlpment repalr5 Waste manan8ernent and cleBnlng Prlnter leaslng Rent and rates Computer expenses Subscrlptlons Le8al and professlonal VIsa5 and immlgration Bank charges Depreclatlon Accountancy Sundry 73,345 1,054 73,345 1,054 84,009 709 2,981 705 1,787 3,406 1,106 3,557 3,078 181 5,397 2,642 15,238 4,207 405 4,313 3,952 3,406 1,106 3,557 3,078 181 5,397 2.642 15,238 4,207 405 4,313 3,952 2,045 3,908 2,072 16,536 342 4,272 744 1,857 1,121 4,685 1,670 2,273 1,670 2,273 125,824 125,824 127,773 Total expendlture 163,185 163,185 165,324 4 Tanglble Assets Flxtures and flttln85 Computer equlpment Total Cost At l March 2024 Additions At 28 February 2025 9,446 3,530 12,976 9,446 3,530 12,976 Depreclatlon At l March 2024 Charge for year At 28 February 2025 4,844 921 5,765 2,196 749 2.945 7,040 1,670 8,710 Nat Book Values At 28 February 2024 At 28 February 2025 4,602 3,681 1,334 585 5,936 4,266 11
FAITH MINISTRIES Notes to the coUnts (contlnuéd) for the ye•r ended 28 February 2025 5 Debtors and Prepayments 2025 2024 Prepayments and accrued Income 851 851 851 851 6 Credltors. lalllng due wlthln one year 2025 2024 Taxatlon and soclal securlty Other credttors 3,242 900 4,142 1,750 1,750 12
FAITH MINISTRIES Notes to the Accounts (contlnued) for the year ended 28 February 2025 Net movement In funds 7 Movement In fund3 At 01.03.24 At 28.02.25 Unrestrlcted lunds General fund 20.977 98,139 119,116 Restrlcted funds Propertles Bulldln8 work 249,963 249,963 334 250,297 334 334 249,963 21,311 348,102 369,413 Not m*)vern•nt In funds, Includad In the above are as follows: Incomlng resourc•s R•$ources expended Movemert In funds Unrestricted fvnds General fund 261,324 163,185 98,139 Restrf¢ted funds Propertles 249,963 249,963 TOTAL FUND5 511,287 163 185 348,102 Net movement In funds At 01.03.23 At 28.02.24 Comparatlves for movement In lunds Unre5trlcted funds General fund 17,456 3,521 20,977 Restrlrted fvnds Bulldlng work 334 334 TOTAL FUNDS 17.790 3.521 21,311 13
FAITH MINISTRIES Notes to the Accounts Icontlnued) for the year ended Z8 February 2025 8 Related Party Dlsclosures Durln8 the year none of the trustees were pald by the organi5atlon12024 . None) 9 Trustse$' Romuneratlon arnl B•nellts There was no trustees remuneratlon or other beneffts for the year ended 28 FebNary 2025 {2024:£nlll Truste•$' expenses There were no trnstees, expenses pald for the year ended 28 February 2025 (2024:£nll) 14
FAITH MINISTRIES Detalled Statement of Flnanclal Artlvitles for the year ended 28 February 2025 2025 2024 Income and endowments Tlthe & offerln85 Building funds Blble School Muslc School GIftAld Glfts Propertles 156,065 5,702 2,030 560 32,501 64,466 249,963 168,845 511,287 168,845 Expendlture Wages Penslon costs Honorarlums Security Instsrance Llght and heat Telephone Prlntln& postage and statlonery 5undries Repalrs and malntenance Equlpment repalrs Waste management Cleanln8 Prlnter leaslng Refreshments and hospltallty Resources Motor and travel expenses Rent and rates Computer expenses Subscrlptlons Mlnlstry8lfts Community support Outreach and evangellsm Entertalnment Muslc school Blble school Chlldrens Mlnlstry Le8al and professlonal fees Vlsas and Immlgratlon Bank charges Depreclation 72,982 363 9,925 1,054 82,995 1,013 709 2,981 706 1,787 4,685 2,045 3,406 1,106 3,557 3,078 181 727 4,670 2,642 1,960 2,974 6,485 15,238 4,207 405 6,388 1704 242 3,857 2,415 284 1,127 4,313 3,952 3,908 2,072 851 756 2,099 16,536 342 4,272 24,474 2,680 3,528 3,163 744 1,857 1,670 160,9J.2 164,203 Governance costs Accountancy and Independent Ex8minatlon 2,273 1,121 2,273 163,185 348.102 1,121 165,324 3,521 Total resource$ expended Net Incomellexpendlture) 15