Canaan Apostolic Faith Church Trustees’ Annual Report
For the period from 1[st] of April 2022 to 31[st] of March 2023
REFERENCE AND ADMINISTRATION DETAILS
Charity name
CANAAN APOSTOLIC FAITH CHURCH
Registered charity number 1126371 Charity’s principal address P.O BOX 3199 Romford ESSEX RM3 3BR
Names of the charity trustees who manage the charity
The following acted as trustees for whole period from 1st of April 2022 to 31st of March 2023. No new trustees were appointed during this period.
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Jabu Chikore
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Weston Kamudyariwa
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Agnes Maravanyika
STRUCTURE, GOVERNANCE AND MANAGEMENT
Description of the charity’s trusts
Type of governing document Constitution dated 21 October 2008 How the charity is constituted Trust Trustee selection methods Trustees are appointed at Church members’ Meeting.
OBJECTIVES AND ACTIVITIES
Summary of the objects of the charity
The objectives of Canaan Apostolic Faith Church set out in the charity’s governing document are to advance the Christian religion/faith:
a) By supporting Christian communities develop their Christian faith
b) Through the preaching of the Holy Bible and Holy Spirit guidance
Summary of the main activities undertaken for the public benefit in relation to these
Canaan Apostolic Faith Church activities continue to be affected by the global health crisis. The charity however managed to adapt some of its activities in pursuance of its charitable aims. The trustees considered that the activities, summarised below, provide benefit to those who worship with us.
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Sunday Services: The church has held weekly services open to all members of the community that have attracted an average of 60 virtual attendees. There are a high number of members who have accepted the Lord Jesus as their Saviour and continue to preach the gospel. Members testify to experiencing an improvement in their lives and witnessing what they would call miracles in relation to the changes in question. The transfer back to face to face assembly has been effective.
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Weekly Prayers: The church has held weekly online bible studies where members aim to learn and understand the gospel. Bible studies have proven very popular as it affords an opportunity to socialise and interact. This is open to all members of the community with time and venue advertised on the church website.
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Monthly all night prayers and service: The all night prayers are held on the last Saturday of every month. The attendance to these averages 80 as it is an opportunity for those who are otherwise tied up on Sundays to attend. Delegates come from as far as Guildford.
We have considered the Charity Commission’s guidance on public benefit, in particular the specific guidance on charities for the advancement of religion.
ACHIEVEMENTS AND PERFORMANCE
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Our weekly online church service has attracted an average of 50 logged attendees. There are a high number of church members who have accepted the Lord Jesus as their Savior and continue to preach the gospel. The decrease in average attendance from last year was due to a change in venue.
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Ran a dedicated prayer lines to provide support and assistance to Covid affected families in the community and this has continued.
FINANCIAL REVIEW
The Reserves policy of the charity is to hold sufficient working capital to enable the organisation to pay its rent for the foreseeable future. There are no funds which are in material deficit.
DECLARATION
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) JABULANI CHIKORE Full name SECRETARY Position
Date 30 Oct 2023
Canaan Apostolic Faith Church Income & Exopenditure Statement For the Period Ended 31.03.2023
| For the Period Ended 31.03.2023 | ||||
|---|---|---|---|---|
| Unrestricted | Designated | 2023 | 2022 | |
| Funds £ | Funds £ | Total £ | Total £ | |
| INCOME | ||||
| Tithes | 22,131 | 22,131 | 19,794 | |
| Church Offerings | 2,515 | 2,515 | 372 | |
| Africa Aid | - | 970 | ||
| Fundraising | 2,970 | 2,970 | 3,575 | |
| Festival of Tabernacles | 1,940 | 1,940 | 2,150 | |
| TOTAL INCOME | 24,647 | 4,910 | 29,557 | 26,861 |
| EXPENDITURE | ||||
| Festival of Tabernacles | 4,281 | 4,281 | 0 | |
| Ministry & Mission Fund | - | 0 | ||
| Premises | 7,065 | 7,065 | 3,305 | |
| Africa fund | 9,891 | 9,891 | 19,379 | |
| Communication Expenditure | 300 | 300 | 284 | |
| Information Systems | - | 0 | ||
| Administration | 247 | 247 | 265 | |
| Other/Funeral/Crisis | 10,438 | 10,438 | 1,440 | |
| TOTAL EXPENDITURE | 21,784 | 10,438 | 32,222 | 24,673 |
| SURPLUS/ (DEFICIT) | 2,863 | (5,528) | (2,665) | 2,188 |
| Statement of Financial Position as | at 31 March 2023 | |||
| Fixed Assets | Notes | 2023 - |
2022 - |
|
| Current Assets | ||||
| Cash | - | - | ||
| Bank current account | 55,554 | 54,870 | ||
| Deposit accounts | - | - | ||
| Debtors | 3,350 | |||
| Gift Aid recoverable | ||||
| Credtitors - Amounts falling due within one year | 55,554 | 58,220 | ||
| Creditors & Accruals | - | - | ||
| Net Current Assets | 55,554 | 58,220 | ||
| Net Assets | 55,554 | 58,220 | ||
| General Fund | 1 | 55,554 | 58,220 | |
| Notes | ||||
| 1) General Fund | ||||
| Opening Balance | 58,219 | 56,031 | ||
| Total Surplus/(Deficit) | (2,665) | 2,188 | ||
| Closing Balance | 55,554 | 58,219 |
These financial statements have been prepared in accordance with the provisions of Section 1A Small Entities' of Financial Reporting Standard 102 ' The Financial Reporting Standard applicable in the United Kingdom and Replublic of Ireland
APPROVED by the Church Meeting held on 30.10.2023 and signed on its behalf by J Chikore (name) (signature)
Examiner's Report
Canaan Apostolic Faith
(Registered Charity No. 1126371)
For the year ended 31.03.2023
I report on the attached Financial Statements for the year ended 31 March 2023, that have been prepared on an accrual basis.
Responsiblibities of Management Committee and Examiner
The Charity's trustees are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
The Charity's trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.
It is my responsibility to:
1 - Examine the accounts under section 145 of the Charities Act;
2- to follow the requirements of the Charity Commission under section 145(5)(b) of the Act; and
3 - to state whether particular matters have come to my attention.
Basis of Independent Examiner's Statement
My examination was carried out in accordance with 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 the trustees 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.
My examination was carried out in accordance with 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 the trustees 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 material matters have come to my attention which gives me cause to believe that in, any material respect
1 - accounting records were not kept in accordance with section 130 of the Charities Act or
2 - the accounts do not accord with the accounting records
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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