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2025-03-31-accounts

Apostolic Faith Mission IM (UK) - Stoke on Trent Assembly

Registered Charity Number: 1140817

Annual Report and Financial Statements

31 March 2025

Apostolic Faith Mission IM (UK) Stoke on Trent Assembly

CONTENTS

Page
Administrative details 3
Trustees’ Report 4 - 6
Independent Examiner’s report 7
Statement of Financial Activities 8
Balance Sheet 9
Accounting Policies 10 - 11
Notes to the Financial Statements 12 - 15

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AFMIM UK Stoke on Trent Assembly

Apostolic Faith Mission IM (UK) Stoke on Trent Trustees hereby present their annual report for the year ending 31 March 2025 under the charity Act 2016, together with the annual accounts for the period and confirm that the later comply with the requirements of the charities Act & the Trust Deed (GD2)

Charity Name : AFM IM (UK) Stoke on Trent Assembly

Registered Charity number : 1140817

Charity's Principal Address: Structure, Governance & Management

Names of the Charity Trustees who manage the Charity:

C Nhindiri Chairperson
D Mhizha Secretary
W Savanhu Committee member

Church Main board

Church Mainboard
T A Zinyongo Chairperson (Pastor)
O Makore Vice Chairperson
D Mhizha Secretary
W Savanhu Treasurer
O Vukomba Committee Member
C Nhindiri Committee Member
A Mazambani Committee Member

Description of the charity 's trusts

Description of the charity 's trusts
Governing Document Trust Deed, Constitution
Constituted BOT & Church Main Board
Trustee Selection Methods Appointment/Election

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AFMIM UK Stoke on Trent Assembly

Registered Charity Number: 1140817

Trustees and Professional Advisors

Principal Office

26 Tomfields Wood Lane Stoke On Trent ST7 8PJ

Trustees

Mr C Nhindiri Mrs D Mhizha Mr W Savanhu

Bankers

NatWest 250 Bishopsgate London EC2M 4AA

Independent Examiners

Notion Accountancy Ltd 23 Lilleshall Road Birmingham B26 2QN

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AFMIM UK Stoke on Trent Assembly

Trustees Report

For the year ended 31 March 2025

On behalf of the Trustees, I am pleased to present the financial report of the charity for the year ended 31 March 2025.

Financial Performance

The charity recorded a strong financial performance during the year. Total income for the year amounted to £68,175, representing a significant increase from £43,369 in the year ended 31 March 2024. This improvement reflects enhanced fundraising activities and continued support from donors and stakeholders.

Total expenditure for the year was £37,623, compared with £31,299 in the previous year. The increase in expenditure is attributable to higher operational and programme-related costs incurred in furtherance of the charity’s objectives.

Funds and Reserves

On 31 March 2025, the charity’s net balance carried forward stood at £35,282, an increase from £29,519 on 31 March 2024. This reflects the positive financial position maintained throughout the year.

The Building Fund account balance at the year-end was £24,790, which remains designated for future development and capital-related projects in line with the charity’s long-term plans.

Assets and Financial Position

The charity’s current assets as at 31 March 2025 totalled £60,127. Cash at bank amounted to £20,759, compared with £21,578 at 31 March 2024.

The charity’s net assets increased to £36,281 at 31 March 2025, up from £29,519 at the end of the previous financial year, demonstrating continued financial stability and prudent financial management.

Trustee Review

The Trustees are satisfied with the charity’s financial position and believe that the level of reserves held is appropriate to support ongoing activities and future commitments. The Trustees will continue to monitor income, expenditure, and reserves closely to ensure the charity remains financially sustainable while delivering its charitable objectives.

The Trustees would like to express their sincere thanks to all donors, volunteers, and supporters for their continued commitment and generosity throughout the year.

As the Trustees looked toward the year under review, they did so with a sense of hope and expectation. The vision during the year was to strengthen the charity’s ministries, expand outreach activities, and continue fostering a spirit of unity and service. The Trustees trusted in God’s guidance as they worked together and remained committed to making a positive impact on the lives of members and the wider community.

The theme for the year was “The Year of Open Doors”, inspired by Revelation 3:7 and Isaiah 60:11. Throughout the year, the charity operated while walking under the unction of the Holy Spirit, with a focus on redeeming lost years and embracing new opportunities for growth, restoration, and service.

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AFMIM UK Stoke on Trent Assembly

During the year ended 31 March 2025, the Trustees:

Expanded community outreach programmes, particularly those supporting youth and families in need.

Progressed improvements to facilities to better serve the growing congregation and support ministry activities.

Continued developing partnerships with other local organisations to enhance collaboration and community impact.

The Trustees were encouraged by the progress made during the year and remain confident that the foundations laid will support the continued fulfilment of the charity’s mission.

Signed on behalf of the Trustees,

Signed -

Elder Charles Nhindiri

Chairman Board of Trustees

Date - 20/01/2026

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AFMIM UK Stoke on Trent Assembly

Independent Examiner's Report

The Management and Board of Trustees of Apostolic Faith Mission IM (UK) Stoke on Trent Assembly, who are registered as a charity Registration 1140817, appointed me to independently examine their trustees' report, financial reports and the accompanying notes.

Responsibilities of Management and Board of Trustees

My Responsibility

To carry out procedures such as analytical reviews, comparing the published reports to the financial records kept by the charity and enquiring from those tasked with the governance of the charity any matters that need clarity.

I also considered the disclosures of material facts in the financial reports and the going concern of the charity.

The nature and extent of my examination did not provide appropriate and adequate audit evidence and therefore no audit opinion is provided in this report.

Independent Examiner's statement

ln the course of my examination, no matters came to my attention which give me reasonable cause to believe that in any material respect the requirements:

15/01/2026

Ranganai Kwangware FCCA BA(Hon) Acc On Behalf of Notion Accountancy Ltd

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AFMIM UK Stoke on Trent Assembly

Apostolic Faith Mission IM (UK) - Stoke on Trent Assembly Statement of Financial Statement

For the year ended 31 March 2025

Notes 2025
2025
Unrestricted
Restricted
£
£		 2025
Total
£
68,386
68,953
7,240
15,072
14,762
300
37,623
31,329
-
31,329
28,555
59,884		 2024
Total
£
Incoming resources
Incoming resources from generated funds
voluntary income
2
Total incoming resources
Resources expended
Church running costs
5
Spiritual leadership costs
6
Community building
7
Governance costs
9
Total resources expended
Net (Outgoing)/Incoming Resources funds Before transfers
Transfers
Gross transfers between funds
Net movement in funds
Reconciliation of Funds:
Total funds brought forward
Total funds carried forward		 50,130
18,256		 43,368
50,696
18,256		 43,368
7,240
15,072
14,762
300		 6,820
16,780
8,461
200
37,623
-		 32,262
13,073 18,256
-		 11,106
-
13,073 18,256 11,106
28,555 - 17,449
41,628 18,256 28,555

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AFMIM UK Stoke on Trent Assembly

Apostolic Faith Mission IM (UK) - Stoke on Trent Assembly Balance Sheet as at 31 March 2025

Notes 2025
£		 2024
£
Fixed assets
Tangible assets
10
Office Equipment
Instruments
Current assets
Debtors
11
Cash in hand and at bank
12
Creditors: Amount falling due within one year
13
Net current assets
Total assets less current liabilities
Net assets
Total charity funds
Unrestricted funds
Restricted funds		 217
1,660
1,877
13,629
45,759
59,387
1,381
58,007
59,884
59,884
41,628
18,256
59,884		 -
1,381
1,381
7,066
22,078
29,144
1,970
27,174
28,555
28,555
28,555
-
28,555

For the year ended 31 March 2025 the charity was entitled to exemption from audit under Sec 477 of the Companies Act 2006 relating to small companies.

• The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with Sec 476.

• The Trustees acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and preparation of Accounts. These Accounts have been prepared in accordance with the provisions applicable to companies subject to the Small Companies regime.

The financial statements were approved and authorised for distribution by the Board on 20/01/2026

and signed on its behalf by Chairman Elder Charles Nhindiri - Signature

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AFMIM UK Stoke on Trent Assembly

Apostolic Faith Mission IM (UK) - Stoke on Trent Assembly

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

1. ACCOUNTING POLICIES

The principal accounting policies, all of which have applied consistently throughout the year, are set out below.

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

• and with the Statement of Recommended Practice: 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) issued on 16 July 2014

The charity constitutes a public benefit entity as defined by FRS 102.

AFMIM UK Stoke on Trent Assembly is still in operation as a going concern

Unrestricted funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity. Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Voluntary income, including donations, gifts and legacies and grants that provide core funding or are of a

general nature, are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.

Investment income is recognised on a receivable basis,

Income from charitable activities includes income recognised as earned (as the related goods or services are

provided) under contract where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.

Expenditure is recognised when a liability is incurred. Funding provided through contractual agreements and performance related grants are recognised as goods or services supplied.

Other grant payments costs of generating funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.

Governance costs include those incurred in the governance of its assets and are primarily associated with constitutional and statutory requirements.

Support costs include central functions and have been allocated to activity cost categories on a basis consistent

with the use of resources, e.g., allocating office property costs by floor areas, management and human resources

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AFMIM UK Stoke on Trent Assembly

costs by the number of staff, and finance and IT costs by work done.

supplies) are included in the statement of financial activities as incoming resources and resources expended when they are distributed. They are valued at the amount the charity would have had to pay to acquire them.

The charity has not received any goods for use by the charity itself. The value of services provided by volunteers were not incorporated into these financial statements. Where services are provided to the charity as a donation that would normally be purchased from our suppliers this contribution is included in the financial statements at an estimate based on the value of the contribution to the charity.

Tangible assets are stated at cost and depreciated over their useful economic lives at the following rates: Fixture and fittings 4 years Equipment 5 years Computers 3-4 years

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AFMIM UK Stoke on Trent Assembly

Apostolic Faith Mission IM (UK) - Stoke on Trent Assembly

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2025
2. Voluntary income
Donations - Building Fund
Love offering
Gift Aid Estimate
Donations - Social Welfare
Tithes
Youth Activities
Men's Fellowship
Sunday School
3. Activities for generating funds
Conference fees
Fundraising
4. Other Income
Other income
5. Church running costs
Rent church lease
Repairs and Maintenance
Bank Charges
Depreciation of instruments
Depreciation of Office Equipment
6. Spiritual leadership costs
Pastors salaries
Conference Costs
Travel costs
Personage Allowance
Honorariums		 2025
Unrestricted
£		 2025
Restricted
£		 2025
Total
£

18,256
4,252
13,784
880
30,477
192
490
55
68,386
-
-
-
566
566
6,280
349
68
471
73
7,240
9,402
1,403
2,266
500
1,500
15,072		 2024
Total
£
-
4,252
13,784
880
30,477
192
490
55		 18,256 -
5,565
14,798
-
23,005
-
-
-
50,130 18,256 43,368
-
-		 -
-
- - -
566 -
566 - -
6,280
349
68
471
73		 6,560
-
-
260
-
7,240 - 6,820
9,402
1,403
2,266
500
1,500		 9,608
788
2,741
3,244
400
15,072 - 16,780

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AFMIM UK Stoke on Trent Assembly

Apostolic Faith Mission IM (UK) - Stoke on Trent Assembly

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

2025 2024
Unrestricted Unrestricted
£
£
7. Community Building
Hospitality 7,176 1,398
House Keeping - -
Regional and National Contributions 5,350 5,100
Family Day - 470
Training Costs - 200
Travelling Costs 741 -
Donations - Social Welfare 1,300 880
Printing and Stationery 195 413
14,762 8,461
8. Other costs
Missions - -
Donations 250 -
250 -
9. Governance costs
Independent Examination 300 200
Legal and professional fees - -
Accountancy -
-
300 200

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AFMIM UK Stoke on Trent Assembly

Apostolic Faith Mission IM (UK) - Stoke on Trent Assembly

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

TES TO THE FINANCIAL STATEMENTS

R THE YEAR ENDED 31 March 2025
10.
Tangible assets
Instruments
Cost:
at 1 April 2024

Additions

Disposals


Depreciation:
at 1 April 2024

Charge

Disposals

at 31 March 2025

Net book value:

Office Equipment
Cost:
at 1 April 2024

Additions

Disposals


Depreciation:
at 1 April 2024

Charge

Disposals

at 31 March 2025

Net book value:
 2025
Unrestricted
£		 2024
Unrestricted
£
4,472
750
-		 3,432
1,040
-
5,222 4,472
3,091
471
-		 2,831
260
-
3,562 3,091
1,660 1,381
-
290
-		 -
-
-
290 -
-
73
-		 -
-
-
73 -
217 -

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AFMIM UK Stoke on Trent Assembly

Apostolic Faith Mission IM (UK) - Stoke on Trent Assembly

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2025

2025
2025
2025
Unrestricted
Restricted Total

£
£
£
11. Debtors
Gift Aid
13,629
13,629
Other debtors
-
0
13,629 - 13,629
12. Cash in hand and at bank
Cash at bank - Nat West
1,095 -
1,095
Cash at bank - Barclays Main Account
18,920 -
18,920
Cash at Bank - Building Fund
- 25,254
25,254
Cash at bank - Barclays Men Fellowship
290 -
290
Cash in hand - Welfare Float
200 -
200
20,505 25,254 45,759
Restricted cash at bank is funds raised for property investment (2025 - £25,254) (2024 - £0)
13. Creditors: amounts falling due within one year
Trade creditors
612
612

Pension
0
0

PAYE & NI
769
769

1,381
0
1,381		 2025
Unrestricted
£		 2025
Restricted
£		 2025
Total

£		 2024
Unrestricted
£
13,629
-
7,066
-
13,629 - 7,066
1,095
18,920
-
290
200		 -
-
25,254
-
-		 21,578
500
20,505 25,254 22,078
200
-
1,770
1,970

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AFMIM UK Stoke on Trent Assembly