Charlty No: 1123467 INTERNATIONAL CHRISTIAN FELLOWSHIP (ICF) REPORT AND FINANCIAL STATEMENTS For the year ended 31st March 2024 INTERNATIONAL CHRISTIAN FELLOWSHIP IICF) CONTENTS Legal and administrallve information Trustees, report Independent axaminers, report Statement of financial actlvities Balance sheet 10 Notes to the financial statements 11.46 INTERNATIONAL CHRISTIAN FELLOWSHIP IICF) LEGAL AND ADMINISTRATIVE INFORMATION Registered Charlty Name INTERNATIONAL CHRISTIAN FELLOWSHIP (ICF) Charity number 1123467 Trustees.. Rodolfo Riv&ra (Chairman) Elena Vera (Secretary) Eddre Briones Jennifer Joyce Lamug R8gi8 Gadayan fvTanagement Eddie Brlones R8gistered Office St Francis Centre Gl8n Side, Vvoodgate Valley Birmingham 832 3RU Independent Examiner5 Nadia Khan of MNSK LimÉted 2C6 Robin Hood Lane Hall Green Birmingham West Midlands B28 OLG Bank Lloyds Bank 125 Colmore Row Birmingham B3 3SD INTERNATIONAL CHRISTIAN FELLOWSHIP (ICF Truste88' report for the year ended 31st March 2024 ANNUAL REPORT OF THE TRUSTEES forthe eriod endln 31st March 2024 The trustees pres8nt their annual report logelher with the financial statements for the period ending 31st March 2024. The objectlves of the charity are: To provide a place for fellowship and worship to Almighty of Christian faith and belief and to advance this in Bimiingham 8nd other parts of the country and of the world,. to provide Christian education and training. and to promote charilable activities to help paople who are in need, The charity constitules a public benefit entity and th6 trustees have complied with the duty in section 17{5) of the 2011 Charities Actto have due regard to public benefit guidance Publish￿ bythe Charty Commission, ICF are not acting as custodians of any 3rd party's assets, and the Iruslees ar8 not Custodians of any of the Charity's assets. Prospective trust8es are members of the Church congregation. New trustees 8re approached by the Board to gauge their interest. The Board members then vot& to appoint any new trustees. Summary of the main achlevements of the charity durlng the year.. Church Activitles., ICF provides a place of worship to the communty on 8 regular basis, including fellowships, regular prayer gathering, bible studie8 and leadership trainings. Th888 were carried out throughout the financial year onwards. ICF gives regularly to global mission particularly in the Philippines. It includes a British missionary family based in the Philippin8s and Filipino missionary family formerly based in Malaysia bLrt now moved to Ihe Philippines. ICF are also supporting churches and indigenous groups in the country depending on the availability of funds. Building Management: ICF continues to employ a building administrator, administrative assistant, and a cl8aner as it'8 building staff on a part time basis. There are also a few volunteers who continually offer their support to the charity. They are valuable assets to the operation. ICF continues to offerthe hall and other parts of the building for minimal rent {whenev8r available} for learning activities, community activities, physical exercises, family and other organisational accasions. ICF continues to make building improvements on the property. This year, a major roof repair was accomplished as projected from previous year. The bullding security syst8m was also upgraded. The cost for these projects amounted to £7,000. The current available building fund is £1,135. ICF continue to hold a voluntary donation campaign titled, 'Projecl Malachi. to fund targeted projects. Sinc8 the project was launched in 2014, ICF have raised a total of£29.285.04 through voluntary giving. In previous years, the team were able to complete different building improvement projects such as boiler replacement, sound system. office refurbishment, CCTV, hall flooring, roof repair, shutter door replacement, and improvement, etc. Community Involvement: ICF continue lo welcome and assist community 8ctivitie8 from various partners (such as Coffee Morning, Woodgate Valley Community Association, Job Club, Birmingham 128 Pioneer Scouts, Birmingham Council Advice Bureau, Commission on Elections, Labour Party Community Grcup, Dance and Exercises Group, elc.) This y&ar, the church supported indigenous communities, churches, and organisations in the Philippines through financial help and food giving. Locally, ICF initiated donations of ess6ntial items for homeless patients and residents of a nearby hospital and care home respectively. ICF also donated a small amount lo Agape UK for their charitablg seNices in the UK. The team also raised funds for the Macmi51an Cancer Research through a cake sale at Coffee Morning. A food bank proj&LI in partnership with Local Labour Party, is in progress. The need to support less fortunate members of the community will banefit from this 88pecially with the rising cost of living. Brief statement of the charity's policy on reserves: ICF maintain a balance on unrestricted funds lo cover any em8rgency situations from time lo time and for sustainability purposes. The reserve levels amount to £38,000. This is equivalent lo 6 months of the estim8lad monthly expenses of£8.000 (rounded), Details of any funds matèrially in deficit: There are no funds materially deficit this year. INTERNATIONAL CHRISTIAN FELLOWSHIP (ICF} Trustees, report st for the year ended 31 March 2024 (continued Funds ICF is mainly funded with the voluntary contributions made by church members and guests (such as Sunday Collections). Tha charity avails the Gift Aid Program which tremendously help Sustain it'5 financial operations. Malachl Project are funds collected from donalions from church members and cthers on a voluntary basis. It started in 2014 and continues on a rolling basis. The funds are restricted for building improvement proj8cls which are being decided by the leaders, Church leaders agree via formal meeting if there is a need to get additional funds from the unrestricted funds especially when the project is costly and necessary. Fund5 are included in cash in bank and are released as per need arises and as per approval. Accounting is maintained for Ihis restricted fund. Rent Income are funds received from Other organisations and are vital for the continuous OP8ration of the building. A local nursery continually hir8s a part of the building, which caters to the needs of young children in the area. This continues to help the charty with financial needs in the operation and mainl8n8nce of the building. ICF are willing 8nd open to look and apply for grants applicable mainly to the needs of th8 building, shculd the need and opportunity arise. Financial summary During the year 202312024, ICF received In￿Me of £74k- an incr68se of £5k (7/0) from 202212023. Resources expended during the year 2023r2024 amounted to £73k - an increas8 of £6k (9¥0> from previous year. As with previous years. 1000A of expenditures spent on charit8b16 aclivities. Unrestricted funds carrted forward on 3161 March 2024 were £154,858 and restricted funds. carry forward were £1,135 as on 318f March 2024. INTERNATIONAL CHRISTIAN FELLOWSHIP (ICFI Triisloe8' raporl for the year elided 311t March 2024 {oontliiiiad} Flnanclal rovlèw d9ts118 ICF13 malnly funded wllh the voluntary contrlbullons made by ¢hiirch members and gue818 (such a8 Sunday CollGciton$ I loose plale colle¢llon$), The cliarily avails Iho Gift Ald Prooram which tremendously help sustaln its financial oporallons. Thls year ICF liave continued Ili¢ donrlllon campalgn ehlitled, Project Malaclil, whlch Is almed ai Improving Ihe hulSdin9 and Il's fadlllies las aforemenlioned). Reiil Incom6 ccmlng from olher orgonisatlons are alao vltal lo the continuous operallon pf the bulldlng. A local nursery Coiitinually hlre8 a part of the building to C