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
DOCUS￿nId 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