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← Apostolic Faith Mission Birmingham Central Assembly Limited

2024-03-31-accounts

Apostolic Faith Mission Birmingham Central Assembly Limited

Registered Charity Number: 1121425 Registered Company Number: 05973431

Annual Report and Financial Statements

31 March 2024

Contents Administrative details ........................................................... 3 Structure Governance and Management ......................... 4 Organisation and decision-making structure .................. 4 Trustee induction ............................................................... 4 The Board ........................................................................... 4 Trustees' Responsibilities .................................................... 4 Objectives & Activities ...................................................... 5 Achievements & Performance .......................................... 5 Financial review .................................................................... 7 Reserves' Policy .................................................................... 7 Independent Examiner's Report to the Trustees ................ 8 Statement of Financial Activities ……………...……………..9 Balance Sheet ………………………………………………… 10

2

Administrative details

The Apostolic Faith Mission Birmingham Central Limited presents its report and the audited financial statements for the year ended 31 March 2024

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

Charity Name: Apostolic Faith Mission Birmingham Central Limited (Also known as AFM Birmingham Central) Registered Charity No.: 1121425 Company Registration No.: 5973431 Principal Office: 83 Holden Crescent Walsall West midlands WS3 IQQ Directors: Mr William Ponjole Trustees: Mr Andrew Taviringana Mr Paul Batista Mr Charles Sharukai Miss Nelly Nyakudya Mr Onias Zengeya Independent Examiner: Mr J Gweme MBA, FCCA, ACMI, B.Compt 1A Sussex Drive Chatham Kent, ME5 0NJ Bankers: Barclays bank plc West Bromwich Building Society Website www.afmbirminghamcentral.co.uk

3

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.

4

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.

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.

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

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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 aim to have Youth related and focussed services at least 2/4 Saturdays per month 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 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.

Challenges in the year

However, we have also faced some challenges this year. We have faced some financial challenges and we regularly encourage members to continue to support the Church financially. However, we also acknowledge that there is an ongoing cost of living which has heightened pressures in households.

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Despite this, the trustees are confident that our church is in a strong position going forwards. We have a dedicated congregation, talented volunteers, and a supportive community. We are excited to see what the future holds for our church.

Financial review

The Statement of Financial Activities show total revenue of £48,961 compared to the previous year's revenue of £48,339. Detailed sources of income are shown in notes 2 to 4. Gift Aid received went up slightly from £8,644 to £9,500. Total expenditure was £33,065 compared to £47,487. The reduction in expenditure was due to the non-replacement of the only salaried employee of the charity.

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 and 6 months of budgeted income. This range is between £11,000 and £23,000. The charity did not meet this target.

By order of the board

Name: Andrew Taviringana Trustee (Position): Chairman

Signature: Date: 15.01.2024 Aura

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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 2024, which are set out on pages 9 to 15, 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:

27 January 2025

Mr J S Gweme MBA, FCCA, B.Compt (Unisa) 1A Sussex Drive, Chatham Kent ME5 0NJ

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Apostolic Faith Mission Birmingham Central Assembly Limited Statement of Financial Activities

For the year ended 31 March 2024

Notes 2024
2024
2024
Unrestricted Restricted
Total
£
£
£		 2023
Total
£
Incoming resources
Incoming resources from generated funds
voluntary income
2
other incoming resources
3
Bank interest
Total incoming resources
Resources expended
Cost o generating funds
cost of generating voluntary income
4
Charitable activities
Church running costs
5
Spiritual leadership costs
6
Community building
7
Other costs
8
Governance costs
8
Total resources expended
Net movement in funds
Reconciliation of Funds:
Total funds brought forward
Total funds carried forward		 46,263
-
46,263
2,681
-
2,681
17
-
17		 40,517
7,813
9
48,339
1,229
17,293
16,138
12,454
-
574
47,687
652
15,355
16,007
48,961
-
48,961
30
30
13,960
-
13,960
6,520
-
6,520
12,018
-
12,018
-
-
537
-
537
33,065
-
33,065
15,896
-
15,896
4,952
11,055
16,007
20,848
11,055
31,903

9

Apostolic Faith Mission Birmingham Central Assembly Limited Balance Sheet as at 31 March 2024

Balance Sheet as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 9
Fixtures and fittings 1,420 1,420
Instruments 2,906 2,906
4,326 4,326
Current assets
Debtors 10 17,900 -
Cash in hand and at bank 11 8,705 -
26,605 -
Creditors: amounts falling due within one year 12 972 0
Net current assets 27,577 0
Total assets less current liabilities 31,903 4,326
Net assets 31,903 4,326
Total charity funds
Unrestricted funds 20,848 20,194
Restricted funds 11,055 11,055
31,903 31,249

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 15/01/2025

and signed on its behalf by Chairman………. Andrew Taviringana Signature

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Apostolic Faith Mission Birmingham Central Assembly Limited

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2024

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%

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Apostolic Faith Mission Birmingham Central Assembly Limited NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2024

TES TO THE FINANCIAL STATEMENTS
R THE YEAR ENDED 31 March 2024
2.
Voluntary income
Donations & Grants
Love offering
Gift Aid
Subscriptions
Tithes
3.
Other Income
Trading income
Other income
Hire of church hall
4.
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
Support cost allocated
6.
Spiritual leadership costs
Pastors salaries
Pastor's telephone costs
Travel costs
Honorariums
Support cost allocated		 2024
2024
2024
Unrestricted Restricted Total
£
£
£
7,346
-
7,346
13,393
-
13,393
9,500
-
9,500
470
-
470
15,554
-
15,554
46,263
-
46,263
606
-
606
2,075
-
2,075
-
-
-
2,681
-
2,681
30
-
30
30
-
30
9,200
-
9,200
582
-
582
-
-
-
-
-
-
2,262
-
2,262
125
-
125
1,791
-
1,791
13,960
-
13,960
-
-
-
-
-
-
1,097
-
1,097
5,065
-
5,065
358
358
6,520
-
6,520		 2023
Total
£
6,000
12,361
8,644
739
12,773
40,517
1,121
5,992
700
7,813
1,229
1,229
10,254
2,888
143
128
-
2,110
156
1,870
17,293
9,682
432
2,250
3,400
374
16,138

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Apostolic Faith Mission Birmingham Central Assembly Limited

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2023

TES TO THE FINANCIAL STATEMENTS
THE YEAR ENDED 31 March 2023
7.
Community Building
Board meeting expenses
Conference costs
Hospitality
Housekeeping
Ministry Activities
Support cost allocated
8.
Governance costs
Independent Examination
Legal and professional fees
Support cost allocated
9.
Support costs
Bank charges
Printing postage & stationery
Telephone
Software license
Travelling costs
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%		 2024
2023
Unrestricted Unrestricted
£
£
153
1,274
510
980
8,206
895
12,018
-
-
537
537
414
1,643
-
144
-
1,380
-
3,581
1,791
358
895
537		 364
3,663
423
1,276
5,793
935
12,454
-
13
561
574
451
662
-
187
1,058
311
1,070
3,739
1,870
374
935
561

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Apostolic Faith Mission Birmingham Central Assembly Limited

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2023

TES TO THE FINANCIAL STATEMENTS
R THE YEAR ENDED 31 March 2023
10.
Tangible assets
Fixtures and fittings
Cost:
at 1 April 2021
Additions
Disposals
at 31 March 2023
Depreciation:
at 1 April 2021
Charge
Disposals
at 31 March 2023
Net book value:
Instruments
Cost:
at 1 April 2021
Additions
Disposals
at 31 March 2023
Depreciation:
at 1 April 2021
Charge
Disposals
at 31 March 2023
Net book value:		 2024
Unrestricted
£		 2023
Unrestricted
£
6,881
-
-
6,881
4,081
1,380
-
5,461
1,420
30,924
-
-
30,924
27,893
125
-
28,018
2,906		 6,017
864
-
6,881
3,770
311
-
4,081
2,800
30,437
487
-
30,924
26,666
1,227
-
27,893
3,031

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Apostolic Faith Mission Birmingham Central Assembly Limited

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2024

OTES TO THE FINANCIAL STATEMENTS
OR THE YEAR ENDED 31 March 2024
10.
Debtors
Gift Aid
Other debtors
11.
Cash in hand and at bank
Cash at bank
12.
Creditors: amounts falling due within one
Trade creditors
Inland Revenue		 2024
2023
Unrestricted Unrestricted
£
£
17,900
-
17,900
8,705
8,705
year
708
264
972		 8,400
1,467
9,867
2,180
2,180
(2,135)
264
(1,871)

15