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2021-03-31-accounts

Apostolic Faith Mission Birmingham Central Assembly Limited

Registered Charity Number: 1121425 Registered Company Number: 05973431

Annual Report and Financial Statements

31 March 2021

Contents

Administrative details ....................................................................... 2 Structure Governance and Management ................................. 3 Organisation and decision making structure ............................ 3 Trustee induction .......................................................................... 3 The Board ...................................................................................... 3 Trustees' Responsibilities ........................................................... 3 Declaration by the charity Trustees in relation to the independent examination:........................................................... 4 Objectives & Activities ................................................................. 5 Achievements & Performance ................................................... 5 Financial review ................................................................................ 6 Reserves' Policy ............................................................................... 6 Independent Examiner's Report to the Trustees......................... 7 Respective responsibilities of the trustees and examiner ...... 7 Basis of independent examiners report .................................... 7

1

Administrative details

The Apostolic Faith Mission Birmingham Central Limited presents its report and the audited financial statements for the year ended 31 March 2021

Reference and Administrative details of Apostolic Faith Mission Birmingham Central Limited, its Trustees and Advisors

Charity Name: L Apostolic Faith Mission Birmingham Central Limited (Also known as AFM Birmingham Central)

Registered Charity No.: 1121425 Company Registration No.: 05973431 Principal Office: 83 Holden Crescent Walsall West midlands WS3 IQQ Directors: Mr William Ponjole Mr Darlington Chauruka Trustees: Mr William Ponjole Mr Darlington Chauruka Mrs Chiedza Edith Ndoro Mrs Roselyn Makuwatsine Mr. Andrew Taviringana Independent Examiner: (Unisa) Mr J Gweme MBA, FCCA, ACMI, B.Compt 7 Henley Close Chatham Kent, ME5 7SU Bankers: Barclays bank plc West Bromwich Building Society Website www.afmbirminghamcentral.org.uk

2

Structure Governance and Management

The Apostolic Faith Mission Birmingham Central Limited is a company limited by guarantee and a registered charity and is governed by a memorandum and articles of association under the Companies Act and dated 20 October 2006.

Organisation and decision making structure

There are a minimum of three Trustees who meet approximately three to four times a year to consider all aspects of the charity's activities and to monitor progress on the charity's business plan. This plan helps Trustees to work towards a shared and sustainable vision, agreeing priorities and appropriate activities to achieve these.

Communication with church members is conducted through tailored mailing, email, newsletter and the website.

Trustee induction

Following election as a Trustee, an induction session is held including explanations of the roles and responsibilities of trustees and directors.

The Board

The Trustees and the Directors who served during the year are set out on page 1 of this report.

Trustees' Responsibilities

Company law 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 surplus or deficit of the charity for that period. In preparing those financial statements the Trustees have:-

Declaration by the charity Trustees in relation to the independent examination:

So far as each Trustee is aware, there is no relevant information, defined as "Information needed by the charity's independent examiner in connection with

preparing their report", of which the charity's independent examiner was unaware; and each Trustee has taken all steps that he ought to have taken to make himself aware of any relevant matters and to ensure that the charity's independent examiner is aware of such information. Such steps include making inquiries of other Trustees and independent examiner and other steps required by the Trustee's duty to exercise due care and skill.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Charities Act 2006.

They are also responsible for safeguarding the assets of the charity and their proper application in accordance with charity law and for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Objectives & Activities

The objects of Apostolic Faith Mission Birmingham Central Limited are to advance the education in Christian values and faith in the United Kingdom and Oversees. Various programmes are in place to achieve this primary objective. The organisation endeavours to meet and contribute to the social needs of society at large. The organisation also plays a pivotal role in creating a rapport of social support system to its members through various specialised functional units within it, geared to meet particular needs of different groupings.

3

To achieve this purpose, various groups which include Widows, Singles, Young People, Children Sunday School and Married (Couples) organize activities throughout the year. These activities provide an opportunity for individuals confronted with similar challenges in life to share experiences and solutions thereby adding to their quality of life.

Other ancillary objectives include publicizing the Charity on a local, national and international basis and to raise funds and to invite and receive contributions from both members and non-members. The Charity does however not take substantial trading activities.

The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit in deciding what activities the charity should undertake. To this end as part of the world wide Pentecostal church all activities carried out by AFM Birmingham Central Limited are for the benefit of the public. The trustees believe that the good news of Jesus Christ is for everybody and all the activities and achievements highlighted below illustrate this.

4

Achievements & Performance Advancing the Christian faith

The church continued to hold the traditional Sunday Service throughout the year. Services are open to the public. Church Services and bible studies are held on Sundays. Midweek home groups and bible studies are held on Wednesdays and Fridays respectively.

Social Support and Community impact

Donations

The church made life changing donations. The church partnered with Aston & Nechells Food bank donate food and toiletries for the community.

Emphasis on Youth Empowerment

The church has a vibrant youth and is doing everything to empower the youth to be relevant and effective in the community of Birmingham city. AFMIM UK BCA Youth are a global movement, awakening hearts to worship and demonstrate the love and power of God wherever we go. We are passionate about raising a generation of young people who understand their identity as sons and daughters of God. With a mandate: to raise, equip, and mobilize those who were coming to fulfil the call of God on their lives, and setting young people on fire for God. We do this through the ministry of the local church, conference, and events. AFMIM UK BCA Youth are continuing to grow in bringing young people into encounters with Jesus and equipping them to minister His heart to a broken world…but it wasn’t always this way.

Youth ministry have Youth related and focussed services at least 2/4 Saturdays per month at 2pm for Youth aged 13-30 years old, they have discussions and talks about Youth matters. They have a Super Sunday Service where the Youth lead the Main Sunday Service. Our youth ministry is a welcoming place for young people to come "as they are" bringing both their personal struggles and life ambitions. Some of our youths

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are active participants in the church praise and worship team, the media and publicity team, and this always helps them to build upon their confidence, wherever they are, outside the four walls of the church.

AFMIM-UK BCA's youth ministry can galvanize young people to significant achievements. The church acquired musical instruments and is also building on video filming and camera equipment, as an initiative to empower the youths with the relevant life skills, both mentally and morally. The youth meet regularly on Saturdays for life skills teachings, music lessons, video and camera filming. They also hosted exciting and successful musical and prayer events that were open to the public. The youths also receive good moral teachings that empower them to abstain from drugs, violence, gun crimes, knife crimes, terrorism etc. They are also encouraged to study and to be good role models. Youth have the following teams: The Apostolic Faith Mission Central Assembly Youth Dance, Praise & Worship, Musicians, Drama, Outreach and Hospitality.

The church also participated in the AFM International Ministries UK national programs including conferences for the women, men, youth and national general conference. These programs were a success with much spiritual impact to those who attended.

Financial review

The Statement of Financial Activities shows total revenues of £57,436 compared to the previous year's revenue of £57,830. Detailed sources of income are shown in note 2-4. There was a big drop in our tithes from previous year's figure of £30,558 to £24,046. Gift Aid received also dropped as a result in fall of income in 2021 from £10,285 the previous year to £6,435. Total expenditure was £48,694 compared to £60,127 in 2020. During the year we received Youth Grant of £9,995 from State Lottery and Furlough Grant from HMRC of £15,895.

Reserves' Policy

The Charity needs reserves to enable it to progress to completion both its long-term projects and to protect its current activities, in order to allow the Charity to meet its responsibilities and ensure that it continues to operate on a going concern basis. The Charity has examined the needs, risks and challenges faced in both the short and medium term, along with relevant financial forecasts and have formulated a policy to meet those needs.

During the year the Trustees have reviewed the reserves policy to reflect the level of reserves required to cover fluctuations in the timing of income. The policy is to hold between 3 months' and 6 months of budgeted income. This range is between £l 1 ,000 and £23,000. The charity did not meet this target.

Trustee (Position): BOT Chairman

By order of the board

Name: William Ponjole

Signature:

Date: 31/01/2022

6

Independent Examiner's Report to the Trustees

Hereinafter "trustees" of Apostolic Faith Mission Birmingham Central Limited. Charity Registration number: 1121425.

This report on the financial statements of the charity for the year ended 31st March 2021, which are set out on pages 8 to 14, is in respect of an examination carried out in accordance with section 145 of the Charities Act 2011 ('the Act').

Respective responsibilities of the trustees and examiner

As trustees of the charity, you are responsible for the preparation of the accounts. You consider that the audit requirements of section 145 of the Charities Act 2011 (the Act) do not apply and that an independent examination is needed.

It is my responsibility to issue this report on those accounts in accordance with the terms of the Regulations and to:

Basis of independent examiners report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as members concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

31.01.2022

Mr J S Gweme MBA, FCCA, B.Compt (Unisa) 7 Henley Close Chatham Kent ME5 7SU

7

Apostolic Faith Mission Birmingham Central Assembly Limited Statement of Financial Activities

For the year ended 31 March 2021

Statement of Financial Activities
For the year ended 31 March 2021
Notes 2021
2021
2021
Unrestricted Restricted
Total
£
£
£		 2020
Total
£
Incoming resources
Incoming resources from generated funds
voluntary income
2
Activities for generating funds
3
other incoming resources
4
Bank interest
Total incoming resources
Resources expended
cost of generating voluntary income
5
Charitable activities
Church running costs
5
Spiritual leadership costs
6
Community building
7
Other costs
8
Governance costs
9
Total resources expended
Net movement in funds
Reconciliation of Funds:
Total funds brought forward
Total funds carried forward		 46,376
9,995
56,371
-
-
1,059
1,059
6
6		 36,903
10,160
10,764
3
57,830
1,630
17,487
25,314
13,941
830
926
60,127
(2,297)
17,793
15,496
47,441
9,995
57,436
-
-
25,168
25,168
20,713
20,713
1,457
1,457
-
-
1,356
1,356
48,694
-
48,694
(1,253)
9,995
8,742
14,436
1,060
15,496
13,183
11,055
24,238

Annual Report and Financial Statements @31 March 2021

9

Apostolic Faith Mission Birmingham Central Assembly Limited Balance Sheet as at 31 March 2021

Balance Sheet as at 31 March 2021
Notes 2021
£		 2020
£
Fixed assets
Tangible assets
11
Fixtures and fittings
Instruments
Current assets
Debtors
12
Cash in hand and at bank
13
Creditors: amounts falling due within one year
14
Net current assets
Total assets less current liabilities
Net assets
Total charity funds
Unrestricted funds
Restricted funds		 2,442
1,147		 2,654
1,326
3,980
9,831
4,696
14,527
(3,011)
11,516
15,496
15,496
14,436
1,060
15,496
3,589
6,955
17,082
24,037
(3,388)
20,649
24,238
24,238
13,183
11,055
24,238

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for distribution by the Board on 27/12/2021.

and signed on its behalf by Chairman………. William Ponjole Signature

Annual Report and Financial Statements @31 March 2021

10

Apostolic Faith Mission Birmingham Central Assembly Limited

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2021

1. ACCOUNTING POLICIES

The principal accounting policies, all of which have applied consistently throughout the year, are set out below.

1a. Basis of preparation

The financial statements have been prepared under the historical cost convention and are in accordance with trust law, applicable accounting standards and the Statement of Recommended Practice, “Accounting and Reporting by Charities”, issued in March 2005.

1b. Fund accounting

Unrestricted funds are general funds that are available for use at the trustees’ discretion in furtherance of the objectives of the charity. Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

1c. Incoming resources

Voluntary income, including donations, gifts and legacies and grants that provide core funding or are of a general nature, are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. Shop income and income derived from events is recognised as earned (that is, as the related goods or services are provided). Investment income is recognised on a receivable basis. Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.

1d. Resources expended

Expenditure is recognised when a liability is incurred. Funding provided through contractual agreements and performance related grants are recognised as goods or services are supplied. Other grant payments are recognised when a constructive obligation arises that results in the payment being unavoidable. Costs of generating funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. Governance costs include those incurred in the governance of its assets and are primarily associated with constitutional and statutory requirements. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g. allocating office property costs by floor areas, management and human resources costs by the number of staff, and finance and IT costs by work done.

1e Tangible fixed assets and depreciation

Tangible assets are stated at cost and depreciated over their useful economic lives at the following rates by reducing balance method.

Fixture and fittings 8%
Equipment 48%
Motor vehicles 25%

Annual Report and Financial Statements

@31 March 2021 11

Apostolic Faith Mission Birmingham Central Assembly Limited NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2021

2.
Voluntary income
Donations & Grants
Love offering
Gift Aid
Subscriptions
Tithes
3.
Activities for generating funds
Conference fees
Fundraising
4.
Other Income
Trading income
Other income
Hire of church hall
5.
Costs of generating voluntary income
General fundraising costs
5.
Church running costs
Rent church lease
Repairs and Maintenance
Utility costs
Premises rates
Premises insurance
Depreciation of instruments
PA System
Support cost allocated
6.
Spiritual leadership costs
Pastors salaries
National Insurance
Pastor's telephone costs
Travel costs
Conference costs
Honorariums
Support cost allocated		 2021
2021
2021
Unrestricted Restricted Total
£
£
£
15,895
9,995
25,890
4,072
-
4,072
6,435
-
6,435
-
-
-
19,974
-
19,974
46,376
9,995
56,371
-
-
-
-
-
-
-
-
-
159
-
159
600
-
600
300
-
300
1,059
-
1,059
-
-
-
-
-
-
19,141
-
19,141
-
-
-
1,296
-
1,296
1,613
-
1,613
1,004
-
1,004
92
-
92
-
-
-
2,022
-
2,022
25,168
-
25,168
18,627
-
18,627
-
-
-
432
-
432
1,250
-
1,250
-
-
-
-
-
-
404
404
20,713
-
20,713		 2020
Total
£
1,861
8,541
9,231
350
16,920
36,903
1,780
8,380
10,160
860
1,374
8,530
10,764
1,630
-
11,657
4,741
2,098
1,333
3,065
529
30
3,001
26,454
17,550
1,023
440
3,000
2,036
1,000
600
25,649

Annual Report and Financial Statements @31 March 2021

12

Apostolic Faith Mission Birmingham Central Assembly Limited

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2021

TES TO THE FINANCIAL STATEMENTS
R THE YEAR ENDED 31 March 2021
7.
Community Building
Board meeting expenses
Conference costs
Housekeeping
Hospitality
Subscriptions
Regional and National Contributions
Repairs &Maintenance
Men's activities
Youth Activities
Other costs
Support cost allocated
8.
Other costs
Miscellaneous
Donations
9.
Governance costs
Independent Examination
Legal and professional fees
Support cost allocated
10.
Support costs
Bank charges
Cleaning
Insurance
Printing postage & stationery
Telephone
Software license
Website& advertising
Depreciation on office furniture
Depreciation on fixtures and fittings
Allocated as follows:
Church running costs
50%
Spiritual leadership costs
10%
Community building
25%
Governance costs
15%		 2021
2020
Unrestricted Unrestricted
£
£
-
-
446
-
-
-
-
-
-
-
1,011
1,457
-
-
-
250
500
606
1,356
988
-
1,726
-
458
449
123
87
212
4,043
2,022
404
1,011
606		 247
3,665
-
1,450
200
3,030
1,577
360
2,160
125
1,127
13,941
770
60
830
250
-
676
926
1,306
600
1,793
150
195
173
-
96
193
4,506
2,253
451
1,127
676

Annual Report and Financial Statements @31 March 2021

13

Apostolic Faith Mission Birmingham Central Assembly Limited

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2021

TES TO THE FINANCIAL STATEMENTS
R THE YEAR ENDED 31 March 2021
11.
Tangible assets
Fixtures and fittings
Cost:
at 1 April 2020
Additions
Disposals
at 31 March 2021
Depreciation:
at 1 April 2020
Charge
Disposals
at 31 March 2021
Net book value:
Instruments
Cost:
at 1 April 2020
Additions
Disposals
at 31 March 2021
Depreciation:
at 1 April 2020
Charge
Disposals
at 31 March 2021
Net book value:		 2021
Unrestricted
£		 2020
Unrestricted
£
6,017
-
-
6,017
3,363
212
-
3,575
2,442
26,581
-
-
26,581
25,255
179
-
25,434
1,147		 5,578
439
-
6,017
3,170
193
-
3,363
2,654
26,581
-
-
26,581
25,044
211
-
25,255
1,326

Annual Report and Financial Statements @31 March 2021

14

Apostolic Faith Mission Birmingham Central Assembly Limited

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2021

OTES TO THE FINANCIAL STATEMENTS
OR THE YEAR ENDED 31 March 2021
2021
Unrestricted
£
12.
Debtors
Gift Aid
6,188
Other debtors
767
6,955
13.
Cash in hand and at bank
Cash at bank
17,082
17,082
14.
Creditors: amounts falling due within one year
Trade creditors
(2,302)
Inland Revenue
(1,086)
(3,388)		 2021
Unrestricted
£		 2020
Unrestricted
£
9,060
771
9,831
4,696
4,696
(2,392)
( 619)
(3,011)

Annual Report and Financial Statements @31 March 2021

15