DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 # **Apostolic Faith Mission - Stevenage (Salvation Fellowship)** Registered Charity No 1137332 ## **ANNUAL REPORT AND FINANCIAL STATEMENTS 31 March 2023** AFM Stevenage DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 ## **Apostolic Faith Mission – Stevenage Trustees Report for the Year ended 31 March 2023** **Contents** Pages Reference and Administrative Information 3 Trustees Annual Report 4 Independent Examiner’s Report 10 Statement of Financial Activities 11 Balance Sheet 12 Accounting Policies 13 Statement of Financial Activities Detail 15 Balance Sheet Detail 17 Notes to Accounts 18 AFM Stevenage DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 **Apostolic Faith Mission – Stevenage Trustees Report for the Year ended 31 March 2023** **Reference and administrative details of its Trustees and Advisors Charity Name:** Apostolic Faith Mission – Stevenage **Working Name:** Salvation Fellowship **Charity No** : 1137332 **Charity Official Address:** Poplars Community Centre Magpie Crescent Stevenage Hertfordshire SG2 9RZ **Independent Examiner:** C P Craggs FCA SKS Baker Watkin Audit 3 Seen Road, Richmond upon Thames, Surrey TW9 1AD **Bank** : Lloyds Bank Doncaster High Street Branch PO Box 1000 BX1 1LT **Board of Trustees:** Mr Marvellous Mavunga (Chairman) Mrs Sharon Tafura (Secretary) Mr Collins Chitsa Mr Everson Gwashawanhu **Main Church Board:** Pastor Trever Nyamande (Chairman) Mr Farai Mandizha (Vice Chairman) Mr Tafadzwa Tafura (Secretary) Mr Panashe Muskwe (Treasurer) Deacon Ngoni Chikanga (Board Member) Deacon Thomas Kanda (Board Member) Deacon Everson Gwashawanhu (Board Member) AFM Stevenage DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 **Apostolic Faith Mission – Stevenage Trustees Report for the Year ended 31 March 2023** The Trustees present their annual report for the year ended 31[st] March 2023 under the Charities Act 2011, together with Independently Examined accounts for the year and confirm the Charity accounts comply with the requirements of the Charities Act 2011, the Trust Deed and SORP 2015. ## **Structure, Governance and Management** ## **Governing documents** The church is a registered charity with the charity number 1137332. The church is a member of The Apostolic Faith Mission International Ministries (UK) "AFMIM (UK)". It is governed by the Trust Deed registered on 30 May 2010, the AFMIM (UK) constitution and regulations, and The Bible. ## **Governing bodies** The Church Board which is elected from mature full members of the church is responsible for the day-to-day operations of the church/charity on behalf of the Trustees. All church attendees are encouraged to become full members to be eligible for election. The Church Board is responsible for formulating the charity’s policies and programs for public benefit and meets regularly to review the progress of the church. Committees are also elected to oversee the running of the Ladies’, Men’s, Youth’s, and Children’s Ministries, with these committees reporting to the Church Board. Trustees oversee the governance and compliance aspects of the charity and are responsible for submitting charity accounts to the Charity Commission and ensuring that charity funds are used in a transparent manner in compliance with the Charity Commission regulations. The church also has a sub-assembly in Norwich. All structures of the sub-assembly report into the mother assembly board and committees. ## **Organisational Management** The Charity Trustees are legally responsible for the overall management, monitoring, and control of the affairs of the charity, and meet at least three times a year. The Church Board meet at least four times a year to put in place and monitor plans for the objectives and activities of the church/charity to be successful. The main objective of the church is to advance the gospel of Jesus Christ in accordance with the Holy Scriptures. ## **Appointment of Trustees, Induction and training** The Trustees are properly appointed following the procedures in the charity’s governing documents. The following is also taken to note, that: The trustees - Have not been disqualified under the Charities Act, - Do not have an unspent conviction for an offence involving dishonesty or deception. - Are not bankrupt or have entered a formal arrangement with a creditor. - - Have not been removed as a company director or charity trustee because of wrongdoing. AFM Stevenage DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 **Apostolic Faith Mission – Stevenage Trustees Report for the Year ended 31 March 2023** - Have not been barred by the Disclosure and Barring Service (DBS) from specified kinds of work involving contact with children or vulnerable adults. - Are responsible for deciding and planning how your charity will carry out its purposes. Following the appointment of new Trustees, the first meeting includes an induction session of New Trustees by Old Trustees and Office Bearers of the Church Board including explanations of the roles and responsibilities of trustees. The new Trustees are provided with an information pack containing copies of the governing documents, annual report, core documents and other supporting documents. ## **Structure and relationship** The Charity is made up of two assemblies which are The Mother Assembly in Stevenage and Norwich Sub-Assembly. The Charity also has the following Cell churches/groups that help to bring the church closer local communities: - Huntingdon, Cambridge, St Neots, and surrounding areas - Bishops Stortford, Harlow, and surrounding areas - Stevenage (SG1) - Stevenage (SG2) - Hitchin, Letchworth, Baldock, Royston and surrounding areas - Welwyn Garden City, Hatfield, and surrounding areas ## **Charity objectives** - The advancement of Christian Religion according to the Holy Scriptures (Bible) as contained in our confession of faith. - Public access to religious teaching - Collaborations with local charities/organisations such as local council - Provision of volunteer resources to local council/charities for community-based activities - Weddings and Funeral Assistance to members - Public access to ceremonial services programs for families (including marriage counselling) - Public access to marriage counselling services - Sunday School Activities for children - Promotion of Christian moral values in children - Social development of children - Youth development programmes - Development of moral values in the youth - Social development of the youth - Support programmes for widows and single parents - Ministering to and visiting the sick - Health and social care ## **Public Benefit** The Trustees have complied with Section 17 of the Charities Act 2011 regarding public benefit as published by the Charity Commission and the charity has provided the following services to its members and the greater community: AFM Stevenage DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 ## **Apostolic Faith Mission – Stevenage Trustees Report for the Year ended 31 March 2023** - The church resumed its face-to-face services and programmes following the Covid-19 pandemic lockdowns. However, some programmes have continued to be held virtually to accommodate the changes in members work and family lifestyle patterns. - Provision of a place of worship to congregants which has also benefited members of the wider community. - Provision of Sunday School Programmes for Children under 12 years - Provision of Young Peoples’ programmes for those between 13 to 40 years - Programs for widows and single mothers’ fellowship - Programs for couples and provision of marriage teaching/counselling - Conducting baptism and child dedication - Assistance through prayers and financial support for members who had been bereaved. - Support social events such as birthdays, anniversaries, and weddings for members and wider community. ## **Volunteers** The Trustees would like to thank all the members of the church who volunteer the services and work tirelessly to ensure that the church is run smoothly. We would also like to extend our greatest appreciation to the church departments such as the children and youth ministries, ladies and men's ministries, hospitality and decorations team, ushering, information and publicity teams, and praise and worship team, for their unwavering commitment towards making the church a vibrant community. ## **Charity Achievements** ## **Overview** This reporting period commenced with the relaxation of the Covid-19 restrictions on gatherings and there was an enthusiasm of members to be congregating once again in worship. Apostolic Faith Mission - Stevenage planned and carried out several activities throughout the year. Some of the activities were tailored specifically to address and meet the needs of people in different stations of life for example age focussed, gender focussed, needs focussed. The needs of members of the church as well as the community are considered in the planning of these activities. The church also works in harmony with regional and national calendars of the Apostolic Faith Mission International Ministries (UK). All the activities singularly and collectively have the goal of equipping and strengthening individuals, families, and the community at large in the Christian faith. The Board of Trustees is grateful to the Church Board, leaders in various departments and the entire congregation for the excellent individual and collective effort in pursuit of the church's mission. Below are the activities carried out during the reporting period. ## **Theme** The theme for the year was “The Year of Abundant Room” (Make the most of every opportunity), taken from Genesis 26:22 & Ephesians 5:16. AFM Stevenage DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 **Apostolic Faith Mission – Stevenage Trustees Report for the Year ended 31 March 2023** ## **Sunday Services** Every Sunday the church met for worship services where the gospel was preached and there was prayer and praise and worship and other activities aimed at encouraging everyone to draw closer to God. Different areas of the church such as the Praise and Worship Team, Information and Publicity, Ushering and Security Hospitality and Decorations Team, Church Board, together with leaders from departments and church members all took important roles in delivering effective and spirit-filled services. ## **Ladies' Ministry** Ladies' Ministry activities are a key feature of the programmes of the church. The Ladies Ministry also includes the Widows and Single Mothers who are very active in leading in many ventures of the church. The ladies annual retreat was held in person at St. Clarets’ House in Buckden. This was over-subscribed to the point that sleeping facilities ran out. In addition, the ladies continued to meet every third Tuesday and Saturday of the month for their fellowship sessions. Some of the teachings at Ladies Ministry meetings during the period were on parenting and raising children in a Christian environment, health and social care, and prayer. The daily online 5.30am prayer line remains was a main source of support for many ladies throughout the reporting period. ## **Men’s Ministry** Men’s fellowship met on a few occasions throughout the reporting year. The objective is to equip men for their roles in families, the church, and the society at large. Various topics of interest to the development of men were tackled such as, men’s health including mental health, the roles of men in the church, men in business. ## **Youth Ministry** The youth met throughout the year. The Covid-19 pandemic affected the Youth in a bigger way as seen by the slow return to church of some youth following the removal of the lockdown restrictions. The youth participated in the media department of the church and met for discussions pertaining to topical community issues going on at the time. ## **Children's Ministry** The Children’s Ministry is very vibrant and met every Sunday throughout the reporting period. All teachers are DBS checked and every Sunday they run three classes in separate rooms for different age groups. ## **Intercession Meetings, Bible Study** Intercession (Prayer) meetings continued throughout the reporting period using both in-person and online platforms. The church met in-person once a week for intercession and for the rest of the week they met on Zoom for 30 minutes prayer. Bible Study was conducted in-person every Tuesday evening during the reporting period for the Norwich Sub-Assembly. AFM Stevenage DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 **Apostolic Faith Mission – Stevenage Trustees Report for the Year ended 31 March 2023** ## **Financial Review** ## **Income** The Charity’s Incoming Resources were significantly impacted by the Covid-19 pandemic. They were made up of unrestricted funds which can be used at the discretion of trustees to pursue the charity’s objectives and restricted funds which are raised for restricted purposes or when specified by the donor. All restricted and designated funds are for the purpose of purchasing a larger place of worship. The Charity's overall incoming resources increased from £76,293 (2022) to £125,441 (2023). The Charity's primary sources of income are. ## **Unrestricted Funds** - Tithes which increased from £47,509 (2022) to £60,136 (2023) - Love offering increased from £8,382 (2022) to £20,984 (2023) - Hall Rentals Increased from £75 (2022) to £352 (2023) - Thanksgiving increased from £780 (2022) to £1,891 (2023) - Gift Aid Increased from £13,453 (2022) to £20,423 (2023) ## **Restricted Funds and designated funds** Building fund income increased from £4,115 with gift aid of £1,148 (2022) to £15,974 with £2,808 gift aid (2023). There was also £44,667 gift aid from prior years which was designated to the building Fund in previous years. The Charity is at and advanced stage to acquire a building as a place of worship. ## **Expenditure** The Charity's resources expended increased from £81,424 (2022) to £107,878 (2023) in the following areas: - The Church running costs significantly increased from £79,829 (2022) to £105,768 (2023) - • Governance costs were increased from £1,595 (2022) to £2,110 (2023). The trustees continue to monitor all expenditures to ensure the Charity maintain stability, accountability, and efficiency. For more details, please refer to Statement of Financial Activities below. AFM Stevenage DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 **Apostolic Faith Mission – Stevenage Trustees Report for the Year ended 31 March 2023** ## **Reserve Policy** The church trustees review the level of funds in reserve which is the amount of unrestricted funds not supporting tangible assets to be equal to about three months of total anticipated expenditure for the financial year. These reserves cover unknown future costs and allow any fluctuations in donations not to impact on the work of the charity or expose the charity to any financial risks. As of 31[st] March 2023, the free reserves were £16,486 unrestricted. There was also £103,043 of restricted reserves and £44,667 designated to Building Fund. The amount of reserve funds is continuously being reviewed to ensure it meets current and future risks. 1/14/2024 This report was approved by the Board of Trustees on ………………………………………. Marvellous Mavunga …………………………….. Chairman Board of Trustees Sharon Tafura …………………………….. Secretary Board of Trustees AFM Stevenage DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 **Apostolic Faith Mission – Stevenage Trustees Report for the Year ended 31 March 2023** ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES** I report to the trustees on my examination of the financial statements of Apostolic Faith Mission – Stevenage (the charity) for the year ended 31 March 2023, which are set out on pages 11 to 18. ## **Responsibilities and basis of report** As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - 1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or - 2 the financial statements do not accord with those records; or 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. 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 financial statements to be reached. C P Craggs FCA SKS Baker Watkin Audit 3 Sheen Road Richmond Upon Thames TW9 1AD Date: 15 January 2024 AFM Stevenage DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 ## **Paxton** ## **Charity Commission SOFA Report as at 31/03/2023** ## **Page 1 of 1** ## **Charity no. 1137332** **Apostolic Faith Mission - Stevenage** ||**Unrestricted**
**Funds**|**Restricted**
**Funds**|**Designated**
**Funds**|**Total Funds**|**Prior Year**
**Funds**| |---|---|---|---|---|---| |**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Investments
Separate material item of income
Other|**£**
105,531
-
352
-
-

113|**£**
18,781
-
-
664
-
-|**£**
-
-
-
-
-
-|**£**
124,312
-
352
664
-
113|**£**
74,239
-
75
779
-
1,200| |**Total**|**105,996**|**19,445**|**-**|**125,441**|**76,293**| |**Expenditure on:**
Raising funds
Charitable activities
Separate material item of expense
Other|2,650
107,534

-|-
344
-
-|-
-
-
-|2,650
107,878
-
-|-
81,424
-
-| |**Total**|**110,184**|**344**|**-**|**110,528**|**81,424**| |**Net income/(expenditure) before**
**investment gains/(losses)**
Net gains/(losses) on investments
**Net income/(expenditure)**
**Extraordinary items**
**Transfers between funds**|**(4,188)**

-
**(4,188)**
-
-|**19,101**
-
**19,101**
-
-|**-**
-
**-**
-
-|**14,913**
-
**14,913**
-
-|**(5,131)**
-
**(5,131)**
-
-| |**Net Movement in Funds**|**(4,188)**|**19,101**|**-**|**14,913**|**(5,131)**| |**Reconciliation of Funds**
Total funds brought forward.|22,986|83,942|44,667|151,595|156,726| |**Total funds carried forward.**
**18,798**||**103,043**
**44,667**||**166,508**|**151,595**| DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 ## **Paxton** ## **Charity Commission Balance Sheet as at 31/03/2023 Page 1 of 1** ## **Charity no. 1137332** **Apostolic Faith Mission - Stevenage** **Printed: 12/01/2024** ||Unrestricted
Funds|Restricted
Funds|Designated
Funds|Designated
Funds|Total Funds|Total Funds|Prior Year Funds| |---|---|---|---|---|---|---|---| |**Fixed assets**
Intangible assets
Tangible assets
Investments
**_Total fixed assets_**
**Current assets**
Stocks
Debtors
Investments
Cash at bank and in hand
**_Total current assets_**
**Creditors:**amounts falling due
within one year
**_Net current assets/(liabilities)_**
**_Total assets less current_**
**_liabilities_**
Creditors: amounts falling due after
more than one year
Provisions for liabilities|-
2,312
-
**2,312**
-
17,960
-
17,118
**35,078**
18,592
16,486
**18,798**

-
-|-
-
-
**-**
-
2,808
-
100,235
**103,043**
-
103,043
**103,043**
-
-|-
-
-
**-**
-
-
-
44,667
**44,667**
-
44,667
**44,667**
-
-||-
2,312
-
**2,312**
-
20,768
-
162,020
**182,788**
18,592
164,196
**166,508**
-
-||-
5,210
-
**5,210**
-
14,107
-
141,689
**155,796**
9,411
146,385
**151,595**
-
-| |**Total net assets or liabilities**|**18,798**|**103,043**|**44,667**||**166,508**||**151,595**| |**Funds of the Charity**
Endowment funds
Restricted income funds
Unrestricted funds
Revaluation reserve|-
-
18,798
-|-
103,043
-
-|44,667
-
-
-||44,667
103,043
18,798
-||44,667
83,942
22,986
-| |**Total funds**|**18,798**|**103,043**|**44,667**||**166,508**||**151,595**| |Signed by one or two trustees
on behalf of all the trustees.|||||||| ||**Signature**|||**Print Name**
||**Date of approval**
**dd/mm/yyyy**
|| |||||Marvellous Mavunga||1/14/2024|| |||||Sharon Tafura||1/14/2024|| ||||||||| DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 **Apostolic Faith Mission – Stevenage Trustees Report for the Year ended 31 March 2023** ## **Accounting Policies** ## **(a) Basis of preparation** The accounts have been prepared in accordance with the charity's Trust Deed, the Charities Act 2011 and “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 UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102. The accounts have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. ## **(b) Fund accounting** Unrestricted funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity. All restricted and designated funds are for the purpose of purchasing a larger place of worship. ## ## Voluntary income, including donations, provide core funding and, are recognised where there is certainty of receipt and the amount can be measured with sufficient reliability. Income from charitable and other Trading activities includes income recognised as earned when the goods or services are provided under contract where there is certainty of receipt and the amount can be measured with sufficient reliability. ## **(d) Resources expended** Expenditure is recognised when a liability is incurred. Expenditure provided through contractual agreements is recognised when goods or services supplied. Costs of generating funds are those costs incurred in attracting voluntary income. Governance costs include those incurred in the governance of its assets and are associated with statutory requirements. Support costs include central costs that have been allocated to charity running costs on a basis consistent with the use of resources. AFM Stevenage DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 **Apostolic Faith Mission – Stevenage Trustees Report for the Year ended 31 March 2023** ## **(e) Taxation** VAT not recovered is not separately analysed and is charged to the statement of financial activities when the expenditure it relates is incurred. Tax recovered from voluntary income received under gift aid is recognised when the related income is received and is allocated to the income category to which the income relates. ## **(f) Fixed assets and depreciation** Tangible assets are stated at cost and depreciated over their useful economic lives at these rates: Fixture and fittings 25%, Motor vehicles 25%, Office Equipment 30%, Machinery and Equipment 25% straight line. Where the recoverable amount of a tangible asset is found to be below its net book value, the asset is written down to its full recoverable amount and any loss on impairment is charged to the relevant expenditure category of the statement of financial activities. ## **(g) Retirement Benefits** Payments to defined contribution retirement benefit schemes are charged as an expense when they fall due AFM Stevenage DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 **`````````````````````````````````````````````````````````````````````````````````````````````````````````````````````** ## **Paxton Charity Commission SOFA Details Report** ## **Page 1 of 2** |**Apostolic Faith Mission - Stevenage**
**Charity no. 1137332**|||||| |---|---|---|---|---|---| |March 2023|||||| |**Donations and legacies**
Tithes
Building Fund
Love Offering
Gift Aid
Thanksgiving
Conference Fees
**Other trading activities**
Church Hall Hire
**Investments**
Deposit interest
**Other (income)**
Other income
**Raising funds**
General Conferences
**Charitable activities**
Regional contributions
Head Office Budget Support
Vehicle Fuel
Vehicle Licences and MOT
Spiritual LeadershipCosts
A - Honoraria
Spiritual Leadership Travel
Mobile Phone Bill
Travel and Subsistence
Centre Provisions
International Travel
Church Hall Repairs & Maintenance
Vehicle Insurance
Liability Insurance
Commercial Insurance
Electricity
Gas
Telephone and Broadband
Administration Costs|Unrestricted
60,136
-
20,984
17,615
1,891
4,905
105,531
352
352
-
-
113
113
2,650
2,650
1,580
5,383
626
75
311
900
5,501
524
647
2,680
1,000
3,116
592
1,149
219
1,836
940
500
3,851|Restricted
15,974
-
2,808
-
-
18,782
-
-
664
664
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|Designated
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|Year Total
60,136
15,974
20,984
20,423
1,891
4,905
124,313
352
352
664
664
113
113
2,650
2,650
1,580
5,383
626
75
311
900
5,501
524
647
2,680
1,000
3,116
592
1,149
219
1,836
940
500
3,851|Last Year
47,509
4,115
8,382
13,453
780
-
74,239
75
75
779
779
1,200
1,200
-
-
-
-
-
55
-
-
3,627
1,048
1,117
650
-
1,245
615
834
353
1,308
1,323
556
2,956| DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 |**Charity Commission SOFA Details Report**
**Paxton**|**Charity Commission SOFA Details Report**
**Paxton**|**Charity Commission SOFA Details Report**
**Paxton**|**Charity Commission SOFA Details Report**
**Paxton**|**Page 2 of 2**|**Page 2 of 2**| |---|---|---|---|---|---| |**Apostolic Faith Mission - Stevenage**
**Charity no. 1137332**|||||| |March 2023|||||| |Youth Expenses
Children's Ministry Expenses
Couples Expenses
Sisters Union Expenses
Men's Fellowship Expenses
Praise & Worship Expenses
Church Hall Rent
Community Service
Copyright Licence/Website Fees
Media Expenses
Depreciation Motor Vehicles
Depreciation Fixtures/Fittings
Depreciation Musical Instruments
Depreciation Office Equipment
Basic Pay
National Insurance
Pensions
Independent Examination Fees
Payroll Fees
Bank Charges
Finance Costs
Accounting Fees|Unrestricted
529
813
1,070
3,350
-
125
26,319
710
526
1,531
1,518
137
180
1,063
35,000
350
863
1,016
(30)
254
130
650
107,534|Restricted
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
344
-
344|Endowment
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|Year Total
529
813
1,070
3,350
-
125
26,319
710
526
1,531
1,518
137
180
1,063
35,000
350
863
1,016
(30)
254
474
650
107,878|Last Year
-
-
-
-
281
-
25,088
-
930
2,796
1,518
138
150
1,275
30,695
208
734
870
360
328
366
-
81,424| DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 |**Charity Commission Balance Sheet Details**
**Paxton**|**Charity Commission Balance Sheet Details**
**Paxton**|**Charity Commission Balance Sheet Details**
**Paxton**|**Charity Commission Balance Sheet Details**
**Paxton**|**Page 1 of 1**|**Page 1 of 1**| |---|---|---|---|---|---| |**Apostolic Faith Mission - Stevenage**
**Charity no. 1137332**|||||| |March 2023|||||| |**Tangible assets**
Motor Vehicles
Motor Vehicle Depreciation
Fixtures and Fittings
Fixtures/Fittings depreciation
Musical Instruments
Musical Instruments Depreciation
Office Equipment
Office Equipment Depreciation
**Debtors**
Prepayments
Recoverable Gift Aid
**Cash at bank and in hand**
Bank account
Holding Account
Deposit account
**Creditors (due within one year)**
Accruals
HMRC Liability
Pensions Liability
**Designated funds**
Designated funds surplus
**Restricted income funds**
Restricted funds surplus
**Unrestricted funds**
Unrestricted funds surplus|Unrestricted
6,070
(5,312)
14,421
(14,421)
10,872
(10,569)
7,495
(6,244)
2,312
345
17,615
17,960
16,437
-
681
17,118
(6,168)
(11,921)
(503)
(18,592)
-
-
-
-
18,798
18,798|Restricted
-
-
-
-
-
-
-
-
-
-
2,808
2,808
10,857
56,162
33,216
100,235
-
-
-
-
-
-
103,043
103,043
-
-|Designated
-
-
-
-
-
-
-
-
-
-
-
-
-
44,667
-
44,667
-
-
-
-
44,667
44,667
-
-
-
-|Year Total
6,070
(5,312)
14,421
(14,421)
10,872
(10,569)
7,495
(6,244)
2,312
345
20,423
20,768
27,294
100,829
33,897
162,020
(6,168)
(11,921)
(503)
(18,592)
44,667
44,667
103,043
103,043
18,798
18,798|Last Year
6,070
(3,794)
14,421
(14,284)
10,872
(10,389)
7,495
(5,181)
5,210
654
13,453
14,107
36,525
100,416
4,748
141,689
(1,398)
(7,845)
(168)
(9,411)
44,667
44,667
83,942
83,942
22,986
22,986| DocuSign Envelope ID: A4CD5A71-7F4B-4F51-878E-B35A6FBE5700 **Apostolic Faith Mission – Stevenage Trustees Report for the Year ended 31 March 2023** ## **Notes to Accounts Continued** ## **Staff Costs** The total staff costs were £36,213 (2022: £31,637) for one employee and the charity has no employees that received more than £60,000 for the year ended 31 March 2023. ## **Trustees’ Remuneration** The trustees received no remuneration and other benefits or reimbursement of expenses in the year ended 31 March 2023. (2022: Nil) ## **Related party transactions** There were no disclosable related party transactions during the year (2022: Nil) ## **Rental commitment** At the reporting end date, the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases of £23,000 per annum over two years (2022: £23,000 per annum over three years). ## **Governance Costs** The total governance costs during the year were £2,110 (2022: £1,595). AFM Stevenage