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2025-03-31-accounts

Apostolic Faith Mission - Stevenage (Salvation Fellowship) Registered Charity No 1137332

ANNUAL REPORT AND FINANCIAL STATEMENTS 31 March 2025

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Apostolic Faith Mission Stevenage Trustees Report for the Year ended 31 March 2025

Contents

Pages Reference and Administrative Information 3 Trustees Annual Report 4 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

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Apostolic Faith Mission Stevenage Trustees Report for the Year ended 31 March 2025

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 Sheen 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 Collin Chitsa (Member) Mr Everson Gwashawanhu (Member) Main Church Board: Pastor Trever Nyamande (Chairman) Mr Farai Mandizha (Vice Chairman) Mr Tafadzwa Tafura (Secretary) Mr Panashe Muskwe (Treasurer) Mr Luke Storey (Board Member) Mr Everson Gwashawanhu (Board Member)

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Apostolic Faith Mission Stevenage Trustees Report for the Year ended 31 March 2025

The Trustees present their annual report for the year ended 31[st] March 2025 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. 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 and the AFMIM (UK) constitution.

Governing bodies

A church board which is elected 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 triennially. The most recent election process completed in February 2025 introducing three new church board members. programs for public benefit and meets regularly to review the progress of the church.

Committees are also elected to oversee the run 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.

Safeguarding

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 and 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

governing document, which is the Trust Deed adopted in May 2010. The trustees:

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Apostolic Faith Mission Stevenage Trustees Report for the Year ended 31 March 2025

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:

Charity objectives

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:

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Apostolic Faith Mission Stevenage Trustees Report for the Year ended 31 March 2025

Charity Achievements

The church has continued with in-person church services every Sunday, and prayer sessions every Friday. Daily prayers are held online via Zoom at 5am & 6pm. The Norwich sub-assembly has also continued with in-person services on Sundays and Tuesday bible study sessions at New Hope Christian Centre.

The theme for the year was Flourishing in Adversity taken from Daniel 3:16-23, 30; Genesis 26:16, 12, 13; Acts 4:18-21, 31.

The members attended all local, Regional and National events in person. They participated actively in a Regional Passover conference held during the Easter weekend in March 2024 and the Restoration Conference in November 2024. Nationally, the church members also participated in the AFMIM UK Dunamis family conference held in July 2024.

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 Poplars Community Centre. The Ladies also continued to meet daily online from 5-6am and 6-6.30pm for prayers. Attendance at these prayer sessions has continued to steadily grow as more members are strengthened in this important area of their worship.

Men s Ministry

The Men s Ministry continued to meet once a month on Sundays after the main church service. Among other activities, the group has come up with initiatives to help new members to settle in the church. Men have also been leading in the online 5am prayer sessions. Men have also been involved with the regional men s events.

Youth Ministry

The Youth Ministry meets every other month 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.

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Apostolic Faith Mission Stevenage Trustees Report for the Year ended 31 March 2025

Children's Ministry

The Children s Ministry is very active running three classes every Sunday for different age groups. They welcome children between the ages of 3 and 12 years. The Splash class is for children aged 3 - 7 years, Grid is for 8 - 10 years, and Extreme is from 11 - 13 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.

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Apostolic Faith Mission Stevenage Trustees Report for the Year ended 31 March 2025

Financial 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 £160,021 (2024) to £199,318 (2025). The Charity's primary sources of income are:

Unrestricted Funds

Restricted Funds and designated funds

Building fund income increased from £10,906 with gift aid of £2,145 (2024) to £36,960 with £4,549 gift aid (2025). There was also £44,667 gift aid from prior years which was designated to the building Fund in previous years. The Charity is actively looking to and in the process of acquiring a building as a place of worship.

Expenditure

The Charity's resources expended increased from £110,303 (2024) to £125,159 (2025) in the following areas:

The trustees continue to monitor all expenditures to ensure the Charity maintains stability, accountability, and efficiency.

For more details, please refer to Statement of Financial Activities below.

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.

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Apostolic Faith Mission Stevenage Trustees Report for the Year ended 31 March 2025

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 31st March 2025, the free reserves were £72,365 unrestricted. There was also £160,143 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.

This report was approved by the Board of Trustees on

Sharon Tafura [ Bay by:

Secretary Board of Trustees

Collins Chitsa Signed by:

Member Board of Trustees

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Docusign Envelope ID: 2A7B116C-003B-4F6F-8A46-794240EF088F

Apostolic Faith Mission Stevenage Trustees Report for the Year ended 31 March 2025

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 2025, 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

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: 22 January 2026

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Charity Commission SOFA Report as at 31/03/2025

Page 1 of 1

Paxton

Charity no. 1137332

Apostolic Faith Mission - Stevenage

Unrestricted
funds		 Restricted
Income 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		 £
153,628
-
872
-
-
3,310		 £
41,509
-
-
-
-
-		 £
-
-
-
-
-
-		 £
195,137
-
872
-
-
3,310		 £
153,590
-
5,755
676
-
-
Total 157,810 41,509 - 199,319 160,021
Expenditure on:
Raising funds
Charitable activities
Separate material item of expense
Other		 4,618
125,062

-
-		 -
97
-
-		 -
-
-
-		 4,618
125,159
-
-		 3,530
110,303
-
-
Total 129,680 97 - 129,777 113,833
Net income/(expenditure) before
investment gains/(losses)
Net gains/(losses) on investments
Net income/(expenditure)
Extraordinary items
Transfers between funds		 28,130
-
28,130
-
-		 41,412
-
41,412
-
-		 -
-
-		 69,542
-
69,542
-
-		 46,188
-
46,188
-
-
Net Movement in Funds 28,130 41,412 - 69,542 46,188
Reconciliation of Funds
Total funds brought forward		 49,298 118,731 44,667 212,696 166,508
Total funds carried forward
77,428		 160,143
44,667		 282,238 212,696

11

Charity Commission Balance Sheet as at 31/03/2025

Page 1 of 1

Paxton

Charity no. 1137332

Apostolic Faith Mission - Stevenage

Unrestricted Restricted Designated Year Total Last Year
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		 -
5,063
-
5,063
-
33,890
-
44,448
78,338
5,973
72,365
77,428
Creditors: amounts falling due after
-
-		 -
-
-
-
-
4,549
-
155,594
160,143
-
160,143
160,143
-
-		 -
-
-
-
-
-
-
44,667
44,667
-
44,667
44,667
-
-		 -
5,063
-
5,063
-
38,439
-
244,709
283,148
5,973
277,175
282,238
-
-		 -
1,112
-
1,112
-
25,860
-
192,907
218,767
7,183
211,584
212,696
-
-
Total net assets or liabilities 77,428 160,143 44,667 282,238 212,696
Funds of the Charity
Designated funds
Restricted income funds
Unrestricted funds
Revaluation reserve		 -
-
77,428
-		 -
160,143
-
-		 44,667
-
-
-		 44,667
160,143
77,428
-		 44,667
118,731
49,298
-
Total funds 77,428 160,143 44,667 282,238 212,696

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Apostolic Faith Mission Stevenage Trustees Report for the Year ended 31 March 2025

Accounting Policies

(a) Basis of preparation

The accounts have been prepared in accordance with the charity's Trust Deed, the Charities Act applicable to charities preparing their accounts in accordance with the Financial Reporting 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.

(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 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.

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Apostolic Faith Mission Stevenage Trustees Report for the Year ended 31 March 2025

(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.

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Charity Commission SOFA Details Report

Page 1 of 2

Paxton

Charity no. 1137332 Apostolic Faith Mission - Stevenage

March 2025
Donations and legacies
Tithes
Building Fund
Love Offering
Gift Aid
Salvation Seed
Thanksgiving
Conference Fees
Missions Donations
Other trading activities
Fundraising Donations
Church Hall Hire
Investments
Deposit interest
Other (income)
Other income
S08 Raising funds
General Conferences
Charitable activities
Funeral Assistance Costs
Regional contributions
Head Office Budget Support
Missions Support
Vehicle Fuel
Vehicle Repairs
Vehicle Licences and MOT
A - Honoraria
Spiritual Leadership Travel
Mobile Phone Bill
Pastors Fellowship
Travel and Subsistence
Consumables
Centre Provisions
Horsdeco
Family Day		 15
Unrestricted
81,507
-
34,513
27,795
6,390
2,808
110
505
153,628
-
872
872
-
-
3,310
3,310
4,618
4,618
1,545
-
4,435
366
4,457
1,238
20
3,300
1,344
197
120
771
247
1,394
60
2,250		 Restricted
-
36,960
-
4,549
-
-
-
-
41,509
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Designated
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Year Total
81,507
36,960
34,513
32,344
6,390
2,808
110
505
195,137
-
872
872
-
-
3,310
3,310
4,618
4,618
1,545
-
4,435
366
4,457
1,238
20
3,300
1,344
197
120
771
247
1,394
60
2,250		 Last Year
80,277
10,906
29,135
25,514
-
1,530
5,678
550
153,590
5,203
552
5,755
676
676
-
-
3,530
3,530
183
700
3,270
897
4,060
978
20
1,050
252
196
-
501
-
883
-
1,200

Page 2 of 2

Paxton Charity Commission SOFA Details Report

Charity no. 1137332

Apostolic Faith Mission - Stevenage

March 2025
International Travel
Church Hall Repairs & Maintenance
Vehicle Insurance
Liability Insurance
Commercial Insurance
Electricity
Gas
Water
Refuse Collection
Telephone and Broadband
Office Supplies
Administration Costs
Legal Costs
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 Musical Instruments
Depreciation Office Equipment
Salvation Fell. Kitchen & Refreshments
Basic Pay
Pensions
Independent Examination Fees
Payroll Fees
Bank Charges
Finance Costs
Interest Charges
Legal and Professional Fees
Accounting Fees		 Unrestricted
-
1,472
809
880
1,997
1,886
2,021
-
664
824
147
3,712
4,854
1,325
1,488
1,010
556
-
-
28,620
-
636
710
-
1,772
335
483
41,667
1,063
1,102
258
336
341
-
-
2,350
125,062		 Restricted
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
97
-
-
-
97		 Designated
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Year Total
-
1,472
809
880
1,997
1,886
2,021
-
664
824
147
3,712
4,854
1,325
1,488
1,010
556
-
-
28,620
-
636
710
-
1,772
335
483
41,667
1,063
1,102
258
336
438
-
-
2,350
125,159		 Last Year
3,161
1,028
1,138
856
219
1,328
1,936
934
1,324
493
-
2,949
-
4,544
581
-
5,782
250
202
26,681
79
175
1,273
759
469
937
699
35,000
863
990
258
200
512
43
300
150
110,303

16

Charity Commission Balance Sheet Details

Page 1 of 1

Paxton

Apostolic Faith Mission - Stevenage
Charity no. 1137332		 -
March 2025
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
Designated 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
(6,070)
14,421
(14,421)
17,012
(12,809)
8,378
(7,518)
5,063
6,095
27,795
33,890
42,576
-
-
1,872
44,448
(2,960)
(2,662)
(351)
(5,973)
-
-
-
-
77,428
77,428		 Restricted
-
-
-
-
-
-
-
-
-
-
4,549
4,549
44,316
-
-
111,278
155,594
-
-
-
-
-
-
160,143
160,143
-
-		 Endowment
-
-
-
-
-
-
-
-
-
-
-
-
-
-
44,667
-
44,667
-
-
-
-
44,667
44,667
-
-
-
-		 Year Total
6,070
(6,070)
14,421
(14,421)
17,012
(12,809)
8,378
(7,518)
5,063
6,095
32,344
38,439
86,892
-
44,667
113,150
244,709
(2,960)
(2,662)
(351)
(5,973)
44,667
44,667
160,143
160,143
77,428
77,428		 Last Year
6,070
(6,070)
14,421
(14,421)
11,838
(11,038)
7,495
(7,183)
1,112
345
25,515
25,860
41,868
-
44,667
106,372
192,907
(2,916)
(4,100)
(167)
(7,183)
44,667
44,667
118,731
118,731
49,298
49,298

17

Apostolic Faith Mission Stevenage Trustees Report for the Year ended 31 March 2025

Notes to Accounts Continued

Staff Costs

The total staff costs were £42,730 (2024: £35,863) for one employee and the charity has no employees that received more than £60,000 for the year ended 31 March 2025.

The trustees received no remuneration and other benefits or reimbursement of expenses in the year ended 31 March 2025. (2024: Nil)

Related party transactions

There were no disclosable related party transactions during the year (2024: 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 (2024: £23,000 per annum over one year).

Governance Costs

The total governance costs during the year were £1,360 (2024: £1,548)

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