Docusign Envelope ID.. B7F09FAD-78C840FE-98D7ffj5A371 F2374B Apostolic Faith Mission - Stevenage (Salvation Fellowship) Registered Charity No 1137332 ANNUAL REPORT AND FINANCIAL STATEMENTS 31 March 2024 AFM Stevenage
Docusign Envelope ID.. B7F09FAD-78CB4DFE-9BD745A371 F2374B Apostolic Faith Mission- 5tevenage Trustees Report for the Year ended 31 March 2024 Contents Pages Reference and Administrative Infomiation Trustees Annual Report Independent Examin&r's Report 10 Statement of Financial Activities Balance Sheet 12 Accounting Policies 13 Statement of Financial Activities Detail 15 Balance Sheet Detail 17 Notes to Accounts 18 AFM Stevenage
Docusign Envelope IO.. B7FD9FAD-78c84DFE.9BD7-65A371 F2374B Apostolic Faith Mission- Stevenage Trustees Report for the Year ended 31 March 2024 Reference and administrative details of its Trustees and Advisors Charity Name: Apostolic Faith Mission - Stevenage Working Name: Salvation Fellowship Charity No.. 1137332 Charity Offlcial Address: Poplars Community Centre Magpie Crescent Stevenage Hertfordshire SG2 9RZ Independent Examlner: C P Craggs FCA SKS Baker Watkin Audit 3 Sheen Road Richmond upon Thames Surr8y 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 Collin Chitsa (Member) Mr Everson Gwashawanhu (Member} Maln Church Board: Pastor Trever Nyamande (Chairman) Mr Farai Mandizha (Vice Chairman) Mr Tafadzwa Tafura (Secretary) Mr Panashe Muskwe (Administrator) Mr Luke Storey (Board Member) Mr Everson Gwashawanhu (Board Member) AFM Stevenage
Docusign Env8lope ID.. B7FD9FAD-78CB4DFE.9BD745A371 F2374B Apostolic Faith Mission- Stevenage Trustees Report for the Year ended 31 March 2024 The Trustees present their annual report for the year ended 31, March 2024 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 Mana ement Governing documents The church is a registered charity, The church is a member of The Apostolic Faith Mission International Ministries (UK) "AFMIM (UK)" The Charity is governed by the Trust Deed registered on 30 May 2010 and the AFMIM {UK) constitution. Governlng bodies A church board is 81ect8d from full members of the church is responsible for the running of the church. 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 women's, men's, youth, 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 Nomich. All structures of the sub-assembly report into the mother assembly board and committees. Safeguardlng The trustees and leadership team understand safeguarding to be an integral part of the life and ministry of our Church. The care and protection of children, young people and vulnerable adults visiting and participating in Church activities is important to us. Everyone who participates in the life of the church has a role to play in promoting a safer church for all. Organisational Management The Charity Trustees are legally responsible for the overall management, monitoring, and control of the Church, and meet at least three times a year. The Church Board meets at least three times a year to plan and manage church activities, approve budgets, and finalise the church accounts and annual reports for audit and final approval by the board of Trustees. Appointment of Trustees, Induction, and training The Trustees are properly appointed following the procedures and any restrictions in the charity's governing document, which is the Trust Deed adopted in May 2010. The trustees: AFM Stevenage
Docusign Envelope ID.. B7F09FAD-78CB4DFE-9BD7*5A371 F2374B Apostolic Faith Mission - Stevenage Trustee5 Report for the Year ended 31 March 2024 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. 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 the charity will conduct its purposes. 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 groups within its catchment area: 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, Hertford, and surrounding areas Charit ob'ectives The advancement of the Christian Religion according to the Holy Scriptures (Bible) as contained in our Confession of Faith, in the United Kingdom, and to such parts of the world, as the leadership may from time to time determine. Public access to religious teaching Collaborations with local charitieslorganisations such as local council Provision of volunteer resources to local councillcharities 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 AFM Stevenage
Docusign Envelope ID: B7F09FAD-78CB4DFE-9BD745A371 F2374B Apostolic Faith Mission- Stevenage Trustee5 Report for the Year ended 31 March 2024 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. The promotion and preservation of good health by the provision of funds, goods, items or services and counselling support and prayers in the UK, or other parts of the World, as the leadership may from time to time determine. The furtherance of such other purposes as are exclusively charitable under the laws of England and Wales as the leadership from time to time determine. Public Beneflt 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: The church met in person at the Poplars Community Centre in Stevenage on a regular basis throughout the year for its Sunday services, midweek Bible study, intercession meetings. Provision of 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 30 years Programs for widows and single mothers, fellowship Programs for couples and provision of marriage teachinglcounselling Conducting baptism and child dedication Assistance through prayers and financial support for members who have been bereaved. Support social events such as birthdays, anniversaries, and weddings for members and wider community. Charit Achievements This financial year continued with in-person church services every Sunday, bible study and prayer sessions. The theme for the year was "Revealing my Dominion Mandate" taken from Genesis 1'.26- 28, Matthew 6'.9-10. AFM Stevenage
Docusign Envelope ID.. 87FDgFAD_78CB4DFE_9BD7ffj5A371F2374B Apostolic Faith Mission- Stevenage Tru5tee5 Report for the Year ended 31 March 2024 The members attended all local, Regional and National events in person. They participated actively in a Regional Passover conference held during the Easterweekend in April 2023 and the Restoration Conference in September 2023. Nationally, the church members also participated in a Ladies conference in June 2023, a Young Adults conference in July 2023 as well as a combined family conference for all in October 2023. Ladies Ministry The Ladies, Ministry continued to meet once a month on Sundays after the main church service. They also attended the annual ladies, prayer retreat in person at St. Clarets, House in Buckden. The Ladies also continued to meet daily online from 5-6am and 6-6.30pm for prayers. They have opened, to the wider church, the 5am prayer sessions that were originally exclusively for ladies. Attendance at these prayer sessions has continued to steadily grow as more members are strengthened in this key area of their worship. Men's Mlnlstry The church conducts quarterly meetings for men to equip them for their roles in the church, families, and comrnunity at large. Among other activities, the group has produced initiatives to help new members to settle in the church. Men have also been leading in the online 5am prayer sessions. Youth Ministry The Youth group meets bi-monthly for their session dubbed God's Anointed Time {GAT}. These sessions are diversified with many different activities taking place for each meeting. All activities and programmes are meant to enable the Youth to learn about the Gospel and encourage them to live out their faith whilst contributing positively to their families, the church, and the community. The youths participate in assembly, regional and national events, and in all aspects of the life of the church. Children's Ministry The Children's Ministry is highly active running three classes every Sunday for different age groups. They welcome children between the ages of 3 and 12 years. Splash is for children from 3-6 years, Grid is for children from 7-9 years, and Extreme is for children from 10-12 years. Classes are conducted every week by DBS-checked teachers. The children participate in assembly, regional and national events, and have an opportunity to lead at least two Sunday services each year, something they eagerly look forward to doing. AFM Stevenage
Docusign Envelope ID.. B7FD9FAD-78CB4DFE-98D745A371 F2374B Apostolic Falth Mission- Stevenage Trustees Report for the Year ended 31 March 2024 Financlal Review Income The Charity's Incoming Resources are 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. The church has also designated some excess funds to the building account. All restricted and designated funds are for the purpose of purchasing a suitable place of worship that will allow the church to conduct its activities without restriction. The Charity's overall incoming resources Increased from £125,441 (2023) to £160,021 (2024). The Charity's primary sources of income are.. Unrestricted Funds Tithes which increased from £60,136 (2023) to £80,277 (2024) Love offering increased from £20,984 (2023> to £29,135 (2024) Hall Rentals increased from £352 (2023) to £552 (2023) Thanksgiving reduced from £1,891 (2023) to £1.530 (2024) Gift Aid increased from £17,615 (2023) to £23,369 (2024) Restrlcted Funds and deslgnated funds Building fund income reduced from £15,974 with gift aid of £2,808 (2023) to £10,906 with £2,145 gift aid (2024). There was also £44,667 gift aid from prior years was designated to the building fund in previous years. The Charity is actively looking to acquire a building as a place of worship. Expenditure The Charity's resources expended Increased from £107,878 {2023) to £110,30312024) in the following areas: The Church running costs increased from £105,76812023) to £108,093 (2024) Governance costs increased from £986 (2023) to £1,548 (2024). 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.. 87FD9FAD-78CB4DFE-gB0745A371 F2374B Apostolic Faith Mission- Stevenage Trustees Report for the Year ended 31 March 2024 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 r8serves cover unknown future costs and allow any f]uctuations in donations not to impact on the work of the charity or expose the charity to any financial risks. As of 31, March 2024, the free reserves were £48,186 unrestricted. There was also £118,731 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. 11101/2025 This report was approved by the Board of Trustees on Sharon Tafura DOCUSnId by.. èètsÈIAb'. Secretary Board of Trustees Collins Chitsa $19n•d by.. ' 70QSCD8UUIBYaFV.:" Member Board of Trustees AFM Stevenage
Apostolic Faith Mission- Stevenage Trustees Report for the Year ended 31 March 2024 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 2024, which are sel out on pages 11 to 18. Responsibilities and basis of report As the truslees 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 stat8m8nts carriad 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 14515)Ib) 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. l understand that this has been done in order for financial stat@ments 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 8xamination. I confirm that no mattars have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act,. or th8 financial statements do not accord with those records., or th8 financial statements do not Comply with the applicable requirements concerning the form and content of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirem8nt that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no ¢on¢erns and have come across no other matters in connection with th8 examination to which attention should be drawn in this report in order to enable a proper understanding of Ihe financial statements to be reached. C P Craggs FCA SKS Baker Watkin Audit 3 Sheen Road Richmond Upon Thames TW9 1AD Dale- 11 January 2025 AFM Stevenage
Doousign Envelope ID.. B7FDgFAD-78CB4DFE-9BD745A371 F2374B Charity Commission SOFA Repott as at 3110312024 Pagelofl Charity no. 1137332 Apostolic Faith Mission - Stevenage Unrestricted funds Restricted Income funds Designated funds lotal funds rior year fund Income and tndowments from: Donations and le¥acies Charitable activities Other trading activities Investments Separate material item of ijjcome 140.539 13.051 l53,590 124,312 3,688 2,067 676 5,755 676 352 664 Other 'rotAI 144,227 15,794 160,021 125,441 Expenditure on: Raising funds Charitable activities Separate material item of expens 3,530 110,197 3,530 110,303 2,650 107,878 106 Other Total 113,727 IQ6 113,833 110,528 Net incomel(expenditure) before invL4stment gthlnsl(losses) Nct gainsl(losses) on investments 30,500 15,688 46,1¥8 14,913 Net ineomel(expenditure) Extraordlnary items ransfers betTrveen funds 30,500 15,688 46,188 14,913 Net Moi'LmLnt in Funds 30,500 15,688 46,188 14,913 ReconclliJtion of Funds olal fiinds brought fonvard otal funds carried forward 18,798 103,043 44,667 166,508 151,595 49298 118,731 44,667 212,696 166,508 11
Docusign Envelope ID.. B7FDgFAD-78CB4DFE-9BD7-65A371F2374B Yaxton Charity no. 1137332 Apostolic Faith Mission - Stevenage Charity Commission Balance Shpet as.at ,Page l of I Unrestiictcd Funds Restricted Funds D¢signaled Funds Total funds Prior year funds ixed assets Intangible assets Tangible assets Investments 1,112 1,112 2.312 TotalfLYed assets Current fissets Stocks Debtors Investments Cash al bank and in hand Totul Current assets 1,112 1,112 2,312 23,715 2,145 25,860 20,768 31,654 55,369 116,586 118,731 44,667 44,667 192,907 218,767 162,020 182,788 Credltors: amounts falling due ithin one year Net curreiit ussets/(liabilitie5) Tolal Assets less ciirrenl liabilities redilors.. amoiints falling diie afte more than on¢ year Provisions for liabilities 7,183 7,183 18,592 48,186 118,731 44.667 211,584 164,196 49,298 118,731 44,667 212,696 166,508 Total net Jssets or liobilities Funds of the Charity Dc5ignaled ftinds Rcstricted incomc fiinds L'nrestricled fLinds Revaluation rcs¢rve 49,298 118,731 44,667 212,6YO 166,508 44,667 44,667 118,731 49,298 44,667 103,043 18,798 118,731 49.298 Total funds 49,298 118,731 44,667 212,696 166,508 Signed by on¢ or two trustees on behalf of all the knistees Slgnmture Print Name Date of approval ddlmmlyyyy li 2025 Sl¥n•d by.. Ins sa OSC080 4834FB.. sharon Taf ura 1/11/2025 70496848BeDE4AB... 12
Docusign Envelope ID.. 87FD9FAD-78CB4DFE.9BD7-65A371F2374B Apostolic Faith Mlssion- Stevenage Trustees Report for the Year ended 31 March 2024 Accountin 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 1021" (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 Practic8 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 accountlng 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. {c) Incoming resources 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 eamed when the goods or seNices 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 agreernents 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 13
Docusign Envelope IO.. B7FD9FAD-78CB4DFE-9B07-65A371 F2374B Apostolic Faith Mission- Stevenage Trustees Report for the Year ended 31 March 2024 (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. (fj Fixed assets and depreciation Tangible assets are stated at cost and depreciated over their useful economic lives at thes6 rat6S'. Fixture and fittings 25°/o, Motor vehicles 250/0, 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) Retlroment Benefits Payments to defined contribution retirement benefit schemes are charged as an expense when they fall due. AFM Stevenage 14
Docusign Envelope ID.. B7FDgFAD-78CB4DFE-9BD745A371 F2374B Paxto Charity Commission SOFA etaiis Report Page.1 of Z Charity no. 1137332 Apostolic Faith Mission - Stevenage March 2024 Unr¢stri¢ted Reslricled Desi nalcd Year Total Last Year Donations and legacies Tithes Building Fiind Lovc Offering GiftAid Thanksgiving Conference Fees Missions Donations 80,277 80,277 10.906 29,135 25,514 1,530 5,678 550 60,136 15,974 20,984 20,422 1,891 4,905 10,906 29,135 23,369 1,530 5,678 550 2.145 140,539 13,051 153,590 124,312 Other trading activities Fundraising Donations ChiirLh Hall Flire 3.136 552 2,067 5,203 552 352 3,688 2,067 5,755 352 Investments Deposit inierest 676 676 664 676 676 664 Other (income.) Other income 113 113 Raising I'unds General Conferences 3,530 3,530 2,650 3,530 3,530 2,650 Charitable activities Funeral Assistan¢e Costs Regional contributions Head Office Budget Support Missions Support Vehicle Fuel Vehi¢le Repairs Vehicle LicellCCS and MOT Spiritual Lead¢Tship Costs A- Honoraria Spiritual Leadership Trnvel Mobile Phone Bill Travel and Subsistcnce Centre Provisions Family Day International Travel Chur¢h Hall Repairs & Maintensmce Vehicle Insiirance 183 700 3,270 897 4,060 978 20 183 71)0 3,270 897 4,060 978 20 1,580 5,383 626 75 311 900 5,501 524 647 2,680 1,050 252 196 501 883 1,200 3,161 1,028 1,138 15 1,050 252 196 501 883 1,200 3,161 1,028 1,138 1,000 3,116 592
Docusign Envelope ID.. B7FD9FAD-78C84DFE-98D7-65A371F2374B Paxton Charity Commission SOFA Details Report Page 2 of Charity no. 1137332 Apostolic Faith Mission- Stevenage arch 2024 Unrestricted Rcstricted Desi naled Year Total Last Year Liability Insurance Commercial Insurance Ele¢tricity 856 219 1,328 1,936 934 1,324 493 2,949 4,544 581 856 219 1,328 1,936 934 1,324 493 2,949 4,544 581 1,149 219 1,836 940 Water Refuse Collection Telephone and Broadband Administration Costs Youth Expenses Children's Ministry Expenses CoLiples Expenses Sisters Union Expenses Men's Fellowship Expcnses Praise & Worship Expenses Church Hall Rcnt Community Service Copyright Licencalwebsite Fees M¥dia Expenses D¥pr¢¢iation Motor Vehicles DeprcLiation Fixtiircs/Fittings Depreciation Miisical Instruments Depre¢iation OtTi¢e Equipment Salvation Fell. Kiichcn & Refreshments Basic Pay National Lnsuranee P¢nsion4 Independent Examination Fees Payroll Fies Bank Charges Finan¢c Costs Interest Charges Legal and Professional Fees Accounting Fees 500 3,851 529 813 1,070 3,350 5,782 250 202 26,681 79 175 1,273 759 5,782 250 202 26,681 79 175 1,273 759 125 26.319 710 526 1,531 1,518 137 180 1,063 469 937 699 35,000 469 937 699 35,000 35,000 350 863 1,016 (30) 254 474 863 990 258 200 406 43 300 150 863 990 258 200 512 43 300 150 106 650 110,197 106 110,303 107,878 16
Docusign Envebpe ID.. 87FDgFAD-78CB4DFE-98D7-65A371F2374B axton Charity Commission Balance Sheet Details Pagelo Charity no. 1137332 Apostolic Faith Mission - Stevenage March 2024 Unrestricted Restricted Desi ndlcd Year Total Last Year Tangible assets Motor Vehicles Motor Vehicle Depreciation Fixtures and Fittings FixtureslFittings depreciation Mu8i¢al Instruments Musical Instruments Depreciation Office Equipment Office Eqiiipment Depreciation 6,070 (6,070) 14,421 (14,421) 11,838 (11,038) 7,495 {7,183) 6,070 (6,070) 14,421 (14,421) 11,838 (11,038) 7,495 {7.183) 6,070 {5,312) 14,421 (14.421) 10,872 (10,569) 7,495 (6,244) 1,112 2,312 Debtors Prepayillenls Recoverable Gift Aid 345 23,370 345 25,515 345 20,423 2,145 23,715 2,145 25,860 20.768 Cash at bank and fin hand Bank account Holding Accouni Dcposit account 29,782 12,086 41,868 27,294 100,829 33,897 1,872 104,500 44,667 151,039 31,654 116,586 44,667 192,907 162,020 Creditors (due within one Accruals HMRC Liability Pensions Liability (2,916) {4,100) (167) (2,916) (4,100) (167) {6,168) (11,921) (503) (7.183) {7,183) (18.592) Designated funds Designated funds surplus 44,667 44,667 44,667 44,667 44,667 44,667 Restricted income funds Restricted funds surplus 118,731 118,731 103,043 E18.731 118,731 103,043 Unrestricted funds Ullrcstricted funds surylus 49,298 49,298 18,798 49,298 49,298 18,798 17
Oocuslgn Envelope ID.. B7FDgFAD-78CB4DFE-9BD7-65A371 F2374B Apostolic Faith Mlsslon- Stevenage Trustees Report for the Year ended 31 March 2024 Notes to Accounts Continued Staff Costs The total staff costs were £35,863 (2023.. £36,213) for one employee and the charity has no employees that received more than £60,000 for the year ended 31 March 2024. Trustees, Remuneration The trustees received no remuneration and other benefits or reimbursement of expenses in the year ended 31 March 2024. (2023: Nil) Ralated party transactions There were no disclosable related party transactions during the year (2023: 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 one year (2023.. £23,000 per annum over two years), Governance Costs The total governance costs during the year were £1,548 (2023.. £986) AFM Stevenage 18