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2023-03-31-accounts

Charity Registration No: 1119687

Trustees' Report and audited Financial Statements for the Year Ended 31 March 2023

LEGAL AND ADMINISTRATIVE INFORMATION

Acts Of Love International was created by constitution dated 01 October 2006

Trustees are elected by the membership at the AGM. During the year, new trustees can be coopted by the existing trustees and subsequently voted on at the AGM. Trustees during the year were:

Trustee Fortunate Masocha (Chairperson)

Pastor Freddie Kawuma Ssimbwa

Nyaradzai Mugangavari

Lovemore Maguta

1119687 Charity number

Rhema House Registered Office

2 Portrack Lane TS18 2HG

OPERATING ADDRESS RHEMA HOUSE 2 PORTRACK LANE TS18 2HG.

Independent examiner Joe Goredema (ACMA, CGMA, MSc Fin & Acct, MiP) JG Accounting Ltd

26 Cowley Close Wootton, Northampton NN4 6JL

Bankers Barclays Bank 49 High Street

Stockton- On- Tees TS18 1AG

NatWest Bank

135 Bishopsgate London

EC2M 3UR

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LEGAL AND ADMINISTRATIVE INFORMATION

Content

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2023 ...................................................... 4 Our Vision ....................................................................................................................................................... 4 Objectives ....................................................................................................................................................... 4 CHARITY ACTIVITIES ............................................................................................................................... 5 Successes and accomplishment .............................................................................................................. 6 Fundraising ..................................................................................................................................................... 6 Financial review ......................................................................................................................................... 6 Plans for future periods. .......................................................................................................................... 7 Statement of Trustees' responsibilities .................................................................................................. 7 Responsibilities and basis of report .................................................................................................... 7 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ACTS OF LOVE INTERNATIONAL ........................................................................................................................................... 8 Independent examiner's report on the accounts .............................................................................. 8 STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31MARCH 2023. ........................................................................ 10 INCOME .......................................................................................................................................................... 11 EXPENDITURE ............................................................................................................................................. 12 BANK AND CASH RECONCILIATION .................................................................................................... 13 LOANS MADE BY CHURCH ...................................................................................................................... 14 NOTES ............................................................................................................................................................ 15

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LEGAL AND ADMINISTRATIVE INFORMATION

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2023

The trustees are glad to deliver their report, as well as the charity's financial statements for the fiscal year ended 31 March 2023.

The Trustees of the charity for the purposes of the Charities Act 1993 relating to the keeping of financial accounting records, the audit (independent) and the preparation, scrutiny of statements of account, and to the preparation of annual reports and returns, here present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom. The statements of account, reports and returns must be sent to the Charity Commission, regardless of the income of the Charity, within 10 months of the financial year end.

Organisation

Acts Of Love International was founded in the year 2006 and registered in 2007 with the charity commission. The organisation is based on Christian principles and ideals. Acts Of Love International (AOLI) has two arms, a Christian church (AOL International Christian Church), and a Charity, that both seek to address marginalisation by promoting the integration, health and wellbeing of ethnic minorities and marginalized white communities in Stockton on Tees. Our neighbourhood has the dubious honour of being featured on ITV’s Benefits Street, which showed many of the problems our community faces of multiple forms of exclusion, deprivation, and physical and mental ill health.

Prayer, God's word, and faith in our work are all things we believe in. We welcome all faiths and denominations, as staff, volunteers, supporters, and service users. At Acts of Love International, we don't demand someone to be a Christian, but we do expect them to understand and accept our ideals. We do not expect all staff and volunteers to be Christians, but we do want them to appreciate and accept the Christian ideals that are central to Acts of Love International's mission

Our charitable arm was founded in 2006 with the purpose of engaging the marginalized members of the community that we were based in, to develop positive social connections and become actively involved in programs and sporting activities that help develop their skills, talents and improve lifestyles.

Our Vision

Our vision is touching lives through the love of God (agape), and giving hope.

Objectives

The Objects of the Church and charity are for the benefit of the public:

  1. to advance the Christian faith [in accordance with the Statement of Beliefs] in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time may think fit;

  2. to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods, or services of any kind, including through the provision of

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LEGAL AND ADMINISTRATIVE INFORMATION

counselling and support in such parts of the United Kingdom or the world as the Trustees from time to time may think fit; and

  1. to advance education in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time may think fit.

3b. The Trustees must use the income and may use the capital of the Church in promoting the Objects.

Risk Management

Every activity in which each of the project areas is involved is subjected to a risk assessment. On a regular basis, trustees examine the organization's Risk Register through the Finance & Risk Sub-Committee, with Senior Management examining present and developing risks, as well as those whose rating has changed. Trustees think about risk while making decisions on policy, strategy, and money. Allowing for variety of funds and activities is the only way to reduce external risks to funding. Internal risks are reduced by implementing protocols to review and monitor all transactions and initiatives, as well as to maintain uniform quality of performance across the charity's operational aspects. These procedures are evaluated on a regular basis to ensure that they continue to satisfy the charity's needs. A strong risk management policy and structure, as well as a risk appetite for the organisation, have been agreed upon. The entire board will examine those risks and controls that are above the risk appetite, as well as new and emerging risks and those that require rating changes, on a quarterly basis.

CHARITY ACTIVITIES

What the charity does:

Who the charity helps:

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LEGAL AND ADMINISTRATIVE INFORMATION

How the charity helps:

Where the charity operates:

Successes and accomplishment

Acts of Love International received a funding to renovate their centre, Rhema House’s main halls, which were completed this year 2023 and now waiting for the inspection by the council. The centre (Rhema House) is home to the Acts of Love Foodbank and other activities we do. The event takes place every, Sunday, Wednesday, and Friday from 8 a.m. to 2 p.m. In the United Kingdom, 14 million people are poor. People in the UK go hungry every day for a variety of reasons, including redundancy or an unexpected cost on a low salary. FareShare Northeast, The Moses Project, friends, and the Stockton community are our main food providers. Harbour Light Church paid for our FareShare Northeast subscription. Our food banks help to avoid crime, homelessness, family disintegration, and mental health issues. A modest bag of food can make a huge difference and make our people happy. When serving Food at our foodbank we make time to chat and to signpost clients to other helpful services. We are now preparing to start doing different sporting activities.

Our church fellowship and worship services are growing steadily and now we are meeting face to face and virtual. We do Sunday service and Friday Bible studies.

The typical model of neighbourhood daytime and evening outreach is been modified to, allowing the team to continue engaging with clients.

Fundraising

We want to Inspire trust in our supporters and ensure that all supporters have an excellent experience when donating to Acts of Love International.

We are staying up to date with developments in charity regulation, data protection and to make sure we are legally compliant and adhering to all guidelines.

Financial review

The finances were used for the achievement for the operational activities and meeting the objectives of the charity.

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LEGAL AND ADMINISTRATIVE INFORMATION

Plans for future periods.

We are still in a process of renovating our community centre, now working on the rooms on the first floor. The funding we received has enabled us to fulfil most of our objectives, but we aim to create fundraising activities to sustain and expand.

Statement of Trustees' responsibilities

The charity trustees may from time to time make such reasonable and proper rules or byelaws as they may deem necessary or expedient for the proper conduct and management of the Charity, but such rules or bye laws must not be inconsistent with any provision of this constitution. Copies of any such rules or bye laws currently in force must be made available to any member of the Charity on request.

Responsibilities and basis of report

In preparing these financial statements, the Trustees are required to prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeping adequate 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. 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 .

The Trustees’ report was approved by the board of trustees

Fortunate Masocha

Chair of Trustee

Dated: 15 January 2024

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LEGAL AND ADMINISTRATIVE INFORMATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ACTS OF LOVE INTERNATIONAL

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ members of

Charity Name

Acts of Love International

On accounts for the year
ended		 31/03/2023 Charity
no (if any)

Set out on pages

(remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 March 2023 .

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts 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

[The charity’s gross income exceeded £25,000 and I am qualified to undertake the examination by being a qualified member of Chartered Management Accountants.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives 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 accounts to be reached.

Signed:

Date: 08/01/2024

Name: Joe Goredema

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LEGAL AND ADMINISTRATIVE INFORMATION

Relevant professional Chartered Institute of Management Accountants qualification(s) or body (if any): Address: 26 Cowley Close Wootton Northampton, NN4 6JL

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32,

Independent examination of charity accounts: directions and guidance for examiners).

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LEGAL AND ADMINISTRATIVE INFORMATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31MARCH 2023.

FINANCIAL RETURN FOR THE YEAR ENDED 31 MARCH 2023

We declare that the enclosed accounts represent a true statement of the Charity and Church finances

Finance committee chairman (or other lay members)

Mr. Fortunate Masocha

Mrs. Anna Mugangavari

31/3/2023

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LEGAL AND ADMINISTRATIVE INFORMATION

ACTS OF LOVE INTERNATIONAL

INCOME
Giving/ Others
Tithes & Offering
Offering
Total Giving
Gift Aid/ Tax Refund
Rents from Investment Properties(Note 5)
Trustees' Subscriptions (Saving A/C)
Grants/Donations & Fund Raising
TOTAL ASSESSABLE INCOME
Board & Lodging
Church Centre Revenue
Rents from Functional Properties
Church Activities
Bank Repayments
Missions
Sales of Assets(Note 6)
Insurance Claims
Sundry Income/Bank Error/Movements btw Accounts
Third Party Receipts(Note 3)
Loans Received
Bank Interest
TOTAL NON-ASSESSABLE INCOME
TOTAL CHURCH INCOME
ACTS OF LOVE INTERNATIONAL		 0.00
2,210.00
0.00
2,210.00
2,539.25
0.00
430.00
41,287.00
46,466.25
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
6.40
6.40
46,472.65
0.00

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LEGAL AND ADMINISTRATIVE INFORMATION

EXPENDITURE
Minister Salaries
Non- Minister Salaries(Note 1)
Travel Expenses
Supply Minister
Training & Workshop
Rent/ Hall Hiring
Equipment
Property Repairs and Renewals(Note 7)
Heat, Light & Water
Telephone & Postage
Council Tax, Insurance & Rates
Church Refreshments
Admin Expenses
Publication & Stationery
Projects/Rhema House Renovations
Donations/Grants(Note 4)
Miscellaneous Expenses(Note 2)
Purchase of Fixed Assets(Note 6)
Subscriptions
Missions
Third Party Payments(Note 3)
Loans Repaid
Bank Interest/Movement btwn Accounts/Bank Error
TOTAL PARISH EXPENDITURE		 0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
4,220.00
1,250.00
980.23
0.00
0.00
69.78
0.00
38,695.00
0.00
0.00
0.00
0.00
80.00
0.00
0.00
0.00
45,295.01

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LEGAL AND ADMINISTRATIVE INFORMATION

BANK AND CASH RECONCILIATION

Opening reconciled balances at 01 April 2022
Cash in hand
Bank accountsPlease list account numbers
11549955
11549963
93274934
Total opening balances
Total Church income from page 1
Total Church expenditure from page 2
Surplus/deficit for the year
Total closing balances at 31st March 2023
Represented by
Closing reconciled balances at 31st March 2023
Cash in hand
Bank accountsPlease list account numbers
11549963
11549955
93274934
Total closing balances
Number of reconciliations attached
NB ONE FOR EACH ACCOUNT
ACTS OF LOVE INTERNATIONAL		 3,308.55
0.00
1,912.49
1,160.28
235.78
3,308.55
46,472.65
45,295.01
1,177.64
4,486.19
4,486.19
1,596.68
2,653.73
235.78
4,486.19

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LEGAL AND ADMINISTRATIVE INFORMATION

LOANS MADE BY CHURCH

Details

LOANS FROM CENTRALISED BANKING

LOANS FROM CENTRALISED BANKING NKING
Amount of loan at 31 March 2022
Additional loan during the year (Page 1)
Lesscapital repaid during the year (Page 2)
CLOSING BALANCE ON LOAN ACCOUNT at 31 March
2023
Loan to be repaid by (date)
OTHER LOANS RECEIVED BY CHURCH
Details
ACTS OF LOVE INTERNATIONAL
0.00		 -
-

ACTS OF LOVE INTERNATIONAL

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LEGAL AND ADMINISTRATIVE INFORMATION

NOTES

1. NON- CHURCH STAFF

Please give details of ALL staff employed within the church

Name
On central payroll
Session Worker
Yes/No
Volunteer Cost
Yes/No
Yes/No
Yes/No
Yes/No
Yes/No
Yes/No
Yes/No
Yes/No
Yes/No
Yes/No
TOTAL SALARY COSTS page 2
If staff are not paid through central payroll, please give
Inland Revenue reference number and address of office
handling the matter		 Gross
cost
-

2. MISCELLANEOUS EXPENDITURE

Please analyse any individual items over £100

Subsistance

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AGTS OF tsOVE LEGAL AND ADMINISTRATIVE INFORMATION QHRISTIAN LHURLIt 16