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← The Apostolic Faith Mission International Ministries UK

2025-03-31-accounts

Head Office: 7a Cumberland Street, Leicester, LE1 4QS, UK +44-1162 518811 www.afmim.org.ukwww.afmim.org.uk, Charity Registration No. 1096543 The Apostolic Faith Mission International Ministries (UK)

+44-1162 518811 www.afmim.org.ukwww.afmim.org.uk, Charity Registration No. 1096543

Apostolic Faith Mission International Ministries (UK) Report of the Trustees for the Year ended 31 March 2025

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Head Office: 7a Cumberland Street, Leicester, LE1 4QS, UK +44-1162 518811 www.afmim.org.uk, Charity Registration No. 1096543 The Apostolic Faith Mission International Ministries (UK)

Apostolic Faith Mission International Ministries (UK) Report of the Trustees for the Year ended 31 March 2025

Structure, Governance…………………………………………………………………………………………………………………………….3 Structure………………………………………………………………………………………………………………………………………………….4 Governing Documents…………………………………………………………………………………………………………………………4 Recruitment and Training of Trustees………………………………………………………………………………………………….4 Organisational Management……………………………………………………………………………………………………………….4 Branch Structure………………………………………………………………………………………………………………………………….5 Risk Management……………………………………………………………………………………………………………………………………5 Compliance……………………………………………………………………………………………………………………………………………..5 Contracts………………………………………………………………………………………………………………………………………………..5 Monitoring of Church Funds……………………………………………………………………………………………………………………5 Controls…………………………………………………………………………………………………………………………………………………..5 Mitigation……………………………………………………………………………………………………………………………………………….6 Objectives and Activities ............................................................................................................................... 6 Charitable Objects ......................................................................................................................................... 6 Review of performance against objectives ............................................................................................... 7 Public benefit ................................................................................................................................................ 7 Volunteers ..................................................................................................................................................... 8 National Place of Worship ............................................................................................................................ 8 Financial review ............................................................................................................................................ 8 Reserves policy .......................................................................................................................................... 8 Statement of Trustees Responsibilities ........................................................................................................ 9 Independent Examiners Report……………………………………………………………………………………………………………..10 Financial Report……………………………………………………………………………………………………………………………….11-21

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Head Office: 7a Cumberland Street, Leicester, LE1 4QS, UK +44-1162 518811 www.afmim.org.ukwww.afmim.org.uk, Charity Registration No. 1096543 The Apostolic Faith Mission International Ministries (UK)

+44-1162 518811 www.afmim.org.ukwww.afmim.org.uk, Charity Registration No. 1096543

Apostolic Faith Mission International Ministries (UK) Report of the Trustees for the Year ended 31 March 2025

Reference and Administrative details of its Trustees and Advisors Charity Name: Apostolic Faith Mission International Ministries (UK) Registered Charity No. : 1096543 Principal Office: 7A Cumberland Street Leicester LE1 4QS Trustees: Mr Norbert Ngenge (Chairman) Mr Evans Mutamba Rev Dr Charles R Chipere Rev Dr Joshua Chigorimbo Accountants: Framework Accountants Ltd Chartered Certified Accountants Suite 1, Greyholme 49 Victoria Road Aldershot GU11 1SJ Bankers: Lloyds Bank PLC P. O. Box 1000 BX1 1LT Barclays Bank PLC Leicester LE87 2BB

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Head Office: 7a Cumberland Street, Leicester, LE1 4QS, UK

+44-1162 518811 www.afmim.org.uk, Charity Registration No. 1096543

The Apostolic Faith Mission International Ministries (UK)

Apostolic Faith Mission International Ministries (UK)

Report of the Trustees for the Year ended 31 March 2025

The Board of Trustees is pleased to present their annual report of the Apostolic Faith Mission International Ministries (UK) for the year ended 31[st] March 2025 under the Charities Act 2011, together with the financial statements for the year and confirm that the latter comply with the requirements of the Charities Act, the Trust Deed and the Statement of Recommended Practice (SORP) ‘Accounting and reporting by charities’ issued in March 2005.

Structure, Governance and Management

Structure

The Charity is made up of assemblies which are spread throughout the country. Each assembly has an elected leadership which oversees the day to day running of that assembly. The church is divided into four geographical regions, namely the Northern, Southern, Midlands and Central region. Assembly Board members within a region, form the Regional Workers Council (RWC) for each region. Each respective RWC appoints a Regional Committee, which oversees the running of the region. Members of the Assembly Boards constitute the National Workers Council (NWC). It is from the NWC that the national leadership who are referred to as National Apostolic Committee (NAC) is elected and appointed. The local (assembly) leadership is accountable to the regional committee who are in turn accountable to NAC.

Governing documents

The Charity was established by a trust deed on the 17[th of] March 2003

Governing bodies

The Charity is governed by the National Workers Council (NWC) which has powers according to the constitution of the AFMIM (UK). The National Workers Council is responsible for:

Recruitment and Training of the Trustees

It is from within the Regional Workers Council (RWC) that the charity’s trustees are elected and appointed during triennial meetings of the RWC. Each RWC elects a trustee who will represent the region in the NWC. The national board of trustees is made up of the four regional trustees as well as three members of the NAC. Eligibility is determined by individual competence, specialist skills and availability to serve in the role. New Trustees are inducted into the working of the charity as well as into the charity’s policies and procedures at an induction workshop, which is organised by the existing Trustees. The NAC organises triennial strategic planning for both the Trustees and NWC. Leadership training workshops for all are regularly conducted throughout the year. Resources or personnel for such training are both internal and external individuals with specialist skills.

Organisational Management

The Charity Trustees are legally responsible for the overall management, monitoring, and control of both the charity’s leadership organs, and meet at least three times a year. Working in close liaison with the charity’s ecclesial leadership (the NAC), Charity Trustees ensure various lower boards at national, regional and assembly levels comply with the charity’s policies. The NAC meets three weeks before each meeting of the full NWC and the Board of Trustees meetings and on two extra occasions every year specifically to approve the budgets and finalise the financial statements and annual reports for approval by the NWC.

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Head Office: 7a Cumberland Street, Leicester, LE1 4QS, UK +44-1162 518811 www.afmim.org.ukwww.afmim.org.uk, Charity Registration No. 1096543 The Apostolic Faith Mission International Ministries (UK)

+44-1162 518811 www.afmim.org.ukwww.afmim.org.uk, Charity Registration No. 1096543

Apostolic Faith Mission International Ministries (UK) Report of the Trustees for the Year ended 31 March 2025

Branch structure

The units that were operational during the year were:

Head Office

  1. Sister’s Union

  2. Youth

  3. Geographic Regions (Northern, Central, Midlands and Southern)

  4. Men’s Fellowship

  5. National Pastor’s Fellowship

All assemblies are now independent charities and their current year financial results have been excluded from this report.

Risk Management

The NAC has been delegated responsibility of risk control according to the charity’s constitution and policies and procedures as always and as per procedure, after due consideration we decided to focus more on compliance, contracts, monitoring of church funds and internal controls, all assembly trustees in 2025 were instructed to implement the process, it was passed on through the various workshops conducted for all trustees in the year.

Compliance

The Trustees have decided to put more emphasis on the Charity Commission compliance processes and procedures, to ensure that all assemblies are up to date and well informed on the areas of timely report submissions, we closely monitored all the assemblies with a history of late submission of charity reports and the trustees, emphasized in the importance of not repeating such acts in the future.

Contracts

We conducted a survey which highlighted some inconsistencies regarding contracts for each of our pastors in their respective assemblies and we noted that some of them are operating without valid, up to date signed contracts, this constitutes and huge risk to the church organisation and so we’ve put in place a system which ensures that every pastor is operating with a live valid contract which is reviewed every three years. We have also allowed all assemblies until June 2026 to update all their contracts, after which we assess all assemblies to ensure their status in the compliance in the process, after which will take all the necessary action against non-compliance, some of which may include suspending the pastors until the contracts are signed.

Monitoring of church funds

This area, according to our observation is a very critical part of the church’s survival as it gives us clarity for each assembly’s current financial status as it is of vital importance to verify each assembly’s cash flow status and ascertain their liquidity ratios and operating margins. We are working closely with regional treasurers who report back to us biannually on all the above-mentioned critical areas to make this process successful.

Controls

In the workshops we conducted we emphasised the importance of internal controls to promote transparency and clarity of the day-to-day transaction’s income and expenditure of individual assemblies and encouraged them to verify each other’s transactions as part of good governance and prudent practice of our finances at assembly level. The process of decentralization i.e., registering Assemblies with the Charities Commission as separate charities, which began in 2011, has now been completed. This was a move to improve efficiency by bringing accountability closer to the assemblies, where the activities are happening. So, each charity has its own trustees. More emphasis is now being focused on clarifying decentralisation, total autonomy, and disintegration. To mitigate this risk, Trustees in liaison with

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Head Office: 7a Cumberland Street, Leicester, LE1 4QS, UK

+44-1162 518811 www.afmim.org.uk, Charity Registration No. 1096543

The Apostolic Faith Mission International Ministries (UK)

Apostolic Faith Mission International Ministries (UK)

Report of the Trustees for the Year ended 31 March 2025

the NAC are in the process of formulating legal contracts between the AFMIMUK charity and its affiliates. Through the risk management process already established for the Charity, the trustees are satisfied that the major risks have been adequately mitigated where necessary. It is recognised that systems can only provide reasonable but not absolute assurance that major risks have been adequately managed.

Mitigation:

The current board of trustees has identified the four major areas highlighted above as areas of focus and provide practical solutions which are easy to monitor. Each individual church recruitment process needs to be closely monitored and ensure that a contract is in place and signed in agreement before a pastor starts operating, we also need to deal with grievances according to the church constitution and make sure that we are on top of all issues to correct them swiftly before they get out of hand and cause crises.

Regarding assemblies’ compliance to charities commission annual financial statements submission, we are aware of changes to the charities commission process, and we have sent a reminder to all churches to upgrade their online registration statuses accordingly, we continue to monitor the different assemblies to ensure that everyone is compliant. We are working closely with all regional leaders to ensure that we have clarity of all assembly financial statuses at any given time through periodical reports from their regional treasurers as they have access to individual assembly contacts through church administrators .

Objectives and Activities

Charitable Objects

The main objective of the Trust is the advancement of the Christian religion in accordance with the Holy Scriptures (Holy Bible) as contained in the confession of faith set below:

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Head Office: 7a Cumberland Street, Leicester, LE1 4QS, UK +44-1162 518811 www.afmim.org.uk, Charity Registration No. 1096543

The Apostolic Faith Mission International Ministries (UK)

Apostolic Faith Mission International Ministries (UK)

Report of the Trustees for the Year ended 31 March 2025

Other objectives:

Review of performance against objectives

During the period under review the AFM IM (UK) set the following objectives amongst others;

Because of the growth highlighted above, we’ve noted that there is a need to affiliate new trustees and update them on all the basics tools they need to assume their daily expectancies, we conducted two online BOT workshops for trustees from all assemblies, they were conducted by both internal and external key note speakers to cover important and relevant topics and introduce our new board members to the UK Charity system, create team building and forge a lasting connection between trustees from different assemblies.

Conferences for the spiritual enrichment of adult men, women as well as for youths and children, open to the public, were successfully held during the period under review. These were held in our four regions, for ladies, youth, men’s fellowship, and Sunday school. Once more we held a successful combined conference at Venue Cymru in Llandudno, North Wales for the second yea.

Traditional Sunday services and a variety of local church activities involving children, youth, and adults, have continued as normal. People with a variety of spiritual, social, and emotional needs were also assisted. The church has integrated very well with local communities, and it has opened doors to people of all ethnic and race and created an enabling environment for such growth.

We intend to measure the success of the strategy by the following:

Public benefit

The year under review has witnessed tremendous shift in attitudes towards the community and we have recorded more donations to charitable causes than ever before, we continue to emphasise on the importance of the community and encourage even more acts of gratitude towards the people around us as it is one of the core values of the church.

7

Head Office: 7a Cumberland Street, Leicester, LE1 4QS, UK

+44-1162 518811 www.afmim.org.uk, Charity Registration No. 1096543

The Apostolic Faith Mission International Ministries (UK)

Apostolic Faith Mission International Ministries (UK) Report of the Trustees for the Year ended 31 March 2025

National Place of Worship

Acquiring of our own national place of worship remains a challenge, so we have tabled a strategy regarding whereby if we combine our resources to purchase one venue at a time it could work , but we need to agree within ourselves to make this possible. We are all keen as trustees to make this happen and all other honorable council members have noticed the need as well, therefore it is imperative to authenticate the strategy and motion it as a priority in 2026.

Volunteers

Volunteers have been a vital part of our operations to ensure the success of everyday operations, but now as trustees we have noticed the need to focus a lot more on safeguarding to protect the church from unruly individuals, we have tabled a motion to implement measures to emphasise that every volunteer at every assembly should have an advanced DBS in place before they can operate any tasks and make it imperative and compulsory for it to happen. This created a need for us to follow up on the process as a going concern and ensure that every member is complying. This can only be achieved by creating a structure at assembly, regional and national level to closely monitor the progress and report back to the NAC and BOT as frequently as possible.

Financial review

The Statement of Financial Activities shows Incoming Resources of £183,661 (2024 - £239,709). The 23% decrease compared to previous year is mainly due to shortfall of voluntary income (tithes, donations, and assembly contributions). Tithe remittance from regions to Head Office declined to last year. However, contribution from assemblies to support national events like the annual Dunamis Conference increased by 100% compared to last year. Assemblies (Churches) remit 10% of their tithe income to their respective region who in turn remit 50% of received funds to Head Office. The head office has not been receiving adequate funds as per this established funding policy. Future campaigns need to do to maintain this fund policy. These funds are used to finance general operations of the church at national level.

Resources Expended were £182 274 (2024 - £185 237). Overall, expenditure decreased by at least 2% against 2024. Major cost savings were achieved by not paying any legal costs this year compared to 2024 when £4,800 was paid. Of the total expenditure, 81% (2024 - 65%) is attributable to conference costs and equipment hire during the annual Dunamis Conference. Conference costs and equipment hire are expenditure necessary to run annual conferences to empower community and members with gospel teachings and worship. During the year the church supported local community work and Apostolic Faith Mission in new set churches in various areas both in UK and abroad. The Net Incoming Resources were £4,350 (2024 - £11 117).

Reserves policy

The trustees have reviewed the level of reserves of the Charity, consideration of the income and expenditure streams, and the need to match income with commitments and the nature of reserves. Trustees have set a minimum balance of £30,000 as reserves for the current year and aim to review this level in the following year. The current reserve balance is £27 769., which meets our target.

The reserve balance is necessary:

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Head Office: 7a Cumberland Street, Leicester, LE1 4QS, UK +44-1162 518811 www.afmim.org.uk, Charity Registration No. 1096543

The Apostolic Faith Mission International Ministries (UK)

Apostolic Faith Mission International Ministries (UK)

Report of the Trustees for the Year ended 31 March 2025

Statement of Trustees Responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to;

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the Trustees on 29 December 2025

Signed on behalf by:

Norbert Ngenge

Mr Norbert Ngenge

Trustees Chairman norbert.ngenge@calvaryfellwshipafm.org 07393173859

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Apostolic Faith Mission International Ministries (UK) Independent Examiners Report

Independent Examiner's Report to the trustees of Apostolic Faith Mission International Ministries (UK)

I report to the trustees on my examination of the financial statements of Apostolic Faith Mission International Ministries (UK) for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees 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 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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 order to enable a proper understanding of the financial statements to be reached.

Dr Moses Chiwandamira Framework Accountants Ltd Suite 1, Greyholme 49 Victoria Road Aldershot Hampshire GU11 1SJ 29 December 2025

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Apostolic Faith Mission International Ministries (UK) Statement of Financial Activities

for the year ended 31 March 2025

Notes
Income and endowments
from:
Donations and legacies
3
Other
4
Total
Expenditure on:
Raising funds
5
Other
6
Total
Net losses on investments
Net (expenditure)/income
7
Transfers between funds
Net income before other
gains/(losses)
Other gains and losses
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
2025
£
164,041
16,657		 Restricted
funds
2025
£
2,963
-		 Total funds
2025
£
167,004
16,657		 Total funds
2024
£
239,709
-
180,698
-
182,274		 2,963
-
2,963		 183,661
-
185,237		 239,709
122
187,646
182,274
-		 2,963
-		 185,237
-		 187,768
(40,824)
(1,576)
5,926		 0
-		 (1,576)
5,926		 11,117
-
4,350 0 4,350 11,117
4,350
26,382		 0
191,888		 4,350
218,270		 11,117
241,561
30,732 191,888 222,620 252,678

11

Apostolic Faith Mission International Ministries (UK) Balance Sheet

at 31 March 2025

Charity No. 1096543

Charity No. 1096543
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors:Amount falling due within one year
11
Net current assets
Total assets less current liabilities
Net assets excluding pension asset or liability
Total net assets
The funds of the charity
Restricted funds
Restricted income funds
12
Unrestricted funds
12
General funds
Reserves
12
Total funds		 2025
£
541
541
8,385
216,694
225,079
(3,000)
222,079
222,620
222,620
222,620
191,888
191,888
27,769
27,769
219,657		 2024
£
791
791
-
250,427
250,427
(2,999)
247,428
248,219
218,270
218,270
191,888
191,888
26,382
26,382
218,270

Approved by the trustees on 31 March 2025

And signed on their behalf by:

Norbert Ngenge

N. Ngenge Trustee Chairman 29 December 2025

12

Apostolic Faith Mission International Ministries (UK) Notes to the Accounts

for the year ended 31 March 2025

Basis of preparation

The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if 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 the Charities Act 2011.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.

Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.

Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.

Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

13

Apostolic Faith Mission International Ministries (UK) Notes to the Accounts

Expenditure

Expenditure is recognised on an accruals basis. Expenditure includes any VAT which Recognition of cannot be fully recovered, and is reported as part of the expenditure to which it expenditure relates.

These comprise the costs associated with attracting voluntary income, fundraising trading costs and investment management costs.

Expenditure on trading costs and investment management costs. raising funds These comprise the costs incurred by the Charity in the delivery of its activities and Expenditure on services in the furtherance of its objects, including the making of grants and charitable activities governance costs.

Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.

Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.

Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from tax on its charitable activities.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

14

Apostolic Faith Mission International Ministries (UK) Notes to the Accounts

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

15

Apostolic Faith Mission International Ministries (UK) Notes to the Accounts

2
Statement of Financial Activities - prior year
Income and endowments from:
Donations and legacies
Total
Expenditure on:
Raising funds
Other
Total
Net gains on investments
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
3
Income from donations and legacies
Tithes and Ass Contributions
Offering , Mission and
Welfare
Building Fund and Gift Aid
Conference Income
4
Other income
Sales
Interests Receivable
Other Income		 Unrestricted
£
61,211
49,363
4,239
49,228
164,041		 Unrestricted
funds
2024
£
239,709
239,709
122
265,482
265,604
(40,824)
(66,719)
(66,719)
(66,719)
44,964
(21,755)
Restricted
£
-
-
2,963
-
2,963
Unrestricted
£
993
74
15,590
16,657		 Restricted
funds
2024
£
2,348
2,348
-
-
-
-
2,348
2,348
2,348
188,637
190,985
Total
2025
£
61,211
49,363
7,202
49,228
167,004
Total
2025
£
993
74
15,590
16,657		 Total funds
2024
£
242,057
242,057
122
265,482
265,604
(40,824)
(64,371)
(64,371)
(64,371)
233,601
169,230
Total
2024
£
121,458
43,184
54,060
21,007
239,709
Total
2024
£
-
-
-
-

16

Apostolic Faith Mission International Ministries (UK) Notes to the Accounts

Costs of generating voluntary
income
6
Other expenditure
Employee costs
Motor and travel costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
7
Net (expenditure)/income before transfers
This is stated after charging:
Depreciation of owned fixed assets
8
Staff costs
No employee received emoluments in excess
9
Tangible fixed assets
Cost or revaluation
At 1 April 2024
At 31 March 2025
Net book values
At 31 March 2025
At 31 March 2024
10Debtors		 Unrestricted
£
7,713
9,678
75,170
250
79,263
10,200
182,274
of £60,000.		 Restricted
£
-
-
-
-
2,963
-
2,963
2025
£
250
2025
£
5,422		 Total
2025
£
-
-
Total
2025
£
7,713
9,678
75,170
250
82,226
10,200
185,237
£
541
541
541
541		 Total
2024
£
122
122
Total
2024
£
25,902
59,101
9,347
708
84,788
7,800
187,646
2024
£
708
£
541
541
541
541
2024
£
-

17

Apostolic Faith Mission International Ministries (UK) Notes to the Accounts

11 Creditors:

amounts falling due within one year

Accruals
12 Movement in funds
Restricted funds:
At 1 April
2024
Restricted income funds:
191,888
Total
191,888
Unrestricted funds:
General funds
26,382
Total funds
218,270
13Analysis of net assets between funds
Fixed assets
Net current assets
14Reconciliation of net debt
Cash and cash equivalents
Net debt		 Incoming
resources
(including
other
gains/losses)
£
2,963
2,963
180,698
183,661		 2025
£
3,000
3,000
Resources
expended
£
(2,963)
(2,963)
(182,274)
(185,237)
At 1 April
2024
£
250,427
250,427
250,427

18

Apostolic Faith Mission International Ministries (UK) Statement of Cash flows

for the year ended 31 March 2025

Cash flows from operating activities
Net income/(expenditure) per Statement of Financial Activities
Adjustments for:
Movement in provisions
Dividends, interest and rents from investments
Increase in trade and other receivables
Increase in trade and other payables
Net cash used in operating activities
Cash flows from investing activities
Dividends, interest and rents from investments
Net cash from/(used in) investing activities
Net cash from financing activities
Net decrease in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Components of cash and cash equivalents
Cash and bank balances		 2025
£
4,350
(29,949)
(16,657)
(5,422)
1
(47,677)
16,657
16,657
-
(31,020)
250,427
219,407
216,694
216,694		 2024
£
(64,371)
30,816
-
-
3,000
(30,097)
-
(1,249)
-
(31,346)
233,601
202,255
250,427
250,427

19

Apostolic Faith Mission International Ministries (UK) Detailed Statement of Financial Activities

for the year ended 31 March 2025

Income and endowments from:
Donations and legacies
Tithes and Ass Contributions
Offering , Mission and Welfare
Building Fund and Gift Aid
Conference Income
Other
Sales
Interests Receivable
Other Income
Total income and endowments
Expenditure on:
Costs of generating donations and
legacies
Total of expenditure on raising
funds
Employee costs
Staff entertainment
Staff training
Conference Meals
NAC Allowances , Honorarium
Motor and travel costs
Vehicles - General costs
Vehicles - Leasing and hire costs
Vehicles - Fuel
Travel and subsistence
Fares
Premises costs
Rent & Conference Venue costs
Rates		 Unrestricte
d funds
2025
£
61,211
49,363
4,239
49,228
164,041
993
74
15,590
16,657
-
-
1,863
5,850
7,713
-
-
-
8,328
1,350
9,678
75,004
166
75,170
180,698
-
-
-		 Restricted
funds
2025
£
-
-
2,963
-
2,963
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2,963
-
-
-		 Total funds
2025
£
61,211
49,363
7,202
49,228
167,004
993
74
15,590
16,657
-
-
1,863
5,850
7,713
-
-
-
8,328
1,350
9,678
75,004
166
75,170
183,661
-
-
-		 Total funds
2024
£
121,458
43,184
54,060
21,007
239,709
-
-
-
-
239,709
122
122
6,580
1,328
7,664
10,330
122
25,902
200
975
91
48,453
9,382
59,101
6,414
2,933
9,347

20

Apostolic Faith Mission International Ministries (UK) Detailed Statement of Financial Activities

General administrative costs, including depreciation and amortisation
Depreciation of
250
-
Bank charges
193
-
Equipment leasing and hire
44,438
-
charges
Equipment repairs and
-
-
maintenance
Information and publications
100
-
Stationery and printing
924
-
Subscriptions
5,022
-
Sundry and Conference Misc
28,082
2,963
Telephone, fax and broadband
504
-
79,513
2,963
Legal and professional costs
Audit/Independent examination
3,000
-
fees
Solicitor's fees
-
-
Other legal and professional
costs
7,200
-
10,200
-
Total of expenditure of other costs
182,274
2,963
Total expenditure
182,274
2,963
Net gains on investments
-
-
Net (expenditure)/income
(1,576)
0
Transfers between funds
37,093
-
Net income before other
gains/(losses)
35,517
0
Other Gains
-
-
Net movement in funds
35,517
0
Reconciliation of funds:
Total funds brought forward
26,382
191,888
Total funds carried forward
61,899
191,888		 250
193
44,438
-
100
924
5,022
31,045
504
82,476
3,000
-
7,200
10,200
185,237
185,237
-
(1,576)
37,093
35,517
-
35,517
218,270
253,787		 708
558
10,177
28,593
233
1,409
35,488
7,922
408
85,496
3,000
4,800
-
7,800
187,646
187,768
(40,824)
11,117
-
11,117
-
11,117
241,561
252,678

21