## **APOSTOLIC FAITH MISSION MILTON KEYNES ASSEMBLY (EBENEZER FELLOWSHIP AFMIM)**
## **Financial Statements for the year ended 31 March 2022**
**Contents Page** Trustees and Professional Advisors 2 Trustees Report 3-6 Independent Examiner Report 7 Statement of Financial Activity 8 Statement of Financial Position 9 Notes to the Financial Statements 10- 13
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## **Registered Charity Number: 1142564**
## **Trustees and Professional Advisors**
## **Principal Office:**
2 Fadmoor Place Emmerson Valley Milton Keynes MK4 2EU
## **Trustees:**
Mr Manondo Alywin Machipisa Mr Wellington Gubwe Mr Emmanuel Mugadza
## **Bankers:**
Barclays Bank PLC 9 Midsummer Blvd Milton Keynes MK9 3GB
## **Independent Examiners:**
Bilberry Accountants Limited Chartered Accountants Kingsgate, 62 High Street Redhill RH1 1SG
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## **Report of the Trustees for the year ended 31 March 2022**
The Ebenezer Fellowship AFMIM present their annual report for the year ended 31 March 2022 under the Charities Act 2011, together with the annual accounts for the period and confirm that the latter comply with the requirements of the Charities Act, the Trust Deed and the Charities SORP 2005.
## **Structure, Governance and Management**
## **Governing Documents**
The Charity was established by a trust deed on the 30[th ] of May 2011.
## **Governing Bodies**
The Trustees are responsible for:
- Appointing members of the administrative committee
- Policies and procedures for induction and training of trustees
- Organisational structure and interrelationships of component organs
- Monitoring the charity’s compliance with relevant laws and standards
## **Organisational Management**
The Board of Trustees delegate to any one or more of the Trustees the transaction of any business or performance of any act required to be transacted or performed in the execution of the trust of the Charity and which is within the professional or business competence of such Trustee or Trustees.
The Board of Trustees exercises reasonable supervision over any Trustee or Trustees acting on its behalf under this provision to ensure that all delegated acts and proceedings are duly, fully and promptly reported to them.
## **Objects, Aims, Objectives and**
## **Activities Charitable Objects**
- The advancement of the Christian religion according to the Holy Scriptures as contained in the Confession of Faith set out in the schedule hereto in the United Kingdom, and to such parts of the world, as the Trustees may from time to time determine.
- The relief of sickness and 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 Trustees 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 Trustees from time to time determine.
## **Risk Management**
Trustees have the responsibility of measuring, tasking, and taking action to control such risk in accordance with the Charity constitution and policies and procedures. Detailed consideration of risk is delegated to any one or more of the Trustees.
Risks are identified, assessed, and controlled, established throughout the year informally. An informal review of the charity’s risk management process is undertaken on an annual basis.
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## **Developments during the year**
**Church growth** There is a steady increase of new members joining the Assembly mainly due immigration factors.
**Praise & Worship** Team continues to play a pivotal role in worship. The team successfully transitioned back to inperson services during the lockdown period. A few new members joined the team post-pandemic. A few of our members have also participated in the regional and national teams during conferences.
**Leadership Engagement** As a church, we believe in leadership development which is one of our priorities, and in line with this, we have resumed our in-person leadership meetings. Work is being done to utilise online training via our church website.
**Counselling** of individuals & families continued throughout the year and this is spearheaded by our resident Pastor. A hybrid approach has been adopted that incorporates house visits and online sessions.
**Interfaith Involvement** –Ebenezer Fellowship has participated in all local, regional & national religious activities as part of our mission.
**Funding-** The congregants through Tithing & Love offering and fundraising activities in various departments continue to sustain the church
Trustees continue to improve and ensure that the system of internal control is adequate and cost-effective. Through the risk management process established for the church, the trustees are satisfied that the major risks have been adequately mitigated where necessary.
It is recognised that systems can only provide reasonable but not absolute assurance that major risks have been adequately managed.
## **Principal Activities and Key Achievements during the year**
Ebenezer Fellowship AFMIM plans and carries out a number of activities throughout the year. These activities are tailored to suit different groups within the congregation and in the wider Milton Keynes community where the church is based.
## **Sunday Services**
There is a 2-hour church service for preaching, worship and prayer every Sunday. These services are conducted at St Paul’s Catholic School and are open to everyone - regular attendees and believers alike. For the reporting period, the average Sunday service attendance was 60 adults and 30 children.
Different departments of the church such as the Heart of Worship Team, Media Team, Gracious Sisters, Cross of Faith, GRETs, Men of Grace, Ushering and Security, Hospitality and Decorations Team, Pastoral Team, Church Board (and Deacons) all play important roles in delivering effective and uplifting services. We ended the year with advanced plans to conduct services and meetings both in-person and virtually.
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## **Ladies' Fellowship - Gracious Sisters**
Similarly, monthly Gracious Sisters’ activities are a key feature of the Assembly program. These activities also include regional and national conferences, all with the collective objective of empowering women with biblical principles for use in their roles in families, the church, and the community. Some of the teachings at Gracious Sisters meetings during the reporting period were on self-care, personal development, Mental health issues, women in business, parenting and prayer, among others in addition to organizing a successful online 3-day conference which was broadcasted live both on Facebook and YouTube.
## **Men's Fellowship - Men of Grace**
The church conducts quarterly meetings for men with the objective of equipping men for their roles in families, the church and society at large. The Ebenezer Fellowship AFMIM Men of Grace group has not managed to take off as we had projected. However, the WhatsApp Men’s group has been active discussing current affairs and sharing practical advice on managing challenging times.
## **Youth Ministry - GRETs**
The Assembly also bi-weekly meetings for youths and young adults which are meant to enable them to learn about the Gospel and facilitate them to live out their faith whilst contributing positively to their families, the church, and the community. The youths also participate in regional and national events, while also playing crucial roles in community outreach and charity events, as well as helping in the church through activities such as ushering, praise and worship and media. During this reporting period, there has been an increase in the number of young people serving in our corporate gatherings. Following the completion of a 6 months funded community project, there have been follow up meetings and discussions around tickling mental health among young people. Our Youth Ministry continues to play a key role in the furtherance of the gospel and our connection to the community.
## **Children's Ministry - Cross of Faith**
Ebenezer Fellowship AFMIM has a vibrant Children’s Ministry for children between the ages of 3 and 12 years. Classes for this ministry are conducted every Sunday by DBS-checked teachers for an hour in different age groups. The children also participate in regional and national activities. In the reporting period, Ebenezer Fellowship AFMIM- Milton Keynes had approximately 30 children in this Ministry. For this reporting period, we have seen our children standing in regional events. In-person sessions have been consistent with increased attendance every Sunday.
## **Volunteers**
The Trustees would like to thank all the volunteers and workers who work tirelessly to make sure our church is run smoothly. We would also like to extend our greatest appreciation to the church departments such as the empowerment and hospitality and Rose of Sharon team, media team, Cross of Faith and GRETs, Heart of Worship team, Gracious Sisters, and Men of Grace for their unwavering commitment towards making the church a vibrant community through their giving, participation, and commitment.
## **Future Plans:**
**Connect groups —** this is a cornerstone of local fellowship development & continues to flourish enhancing spiritual developments among congregants within the local community and we plan on intensifying this aspect in the future taking into consideration the need to embrace online platforms for
**Online Meetings** - Due to the COVID19 pandemic, the need to do church differently has become more apparent in our quest to reach out to our congregants and to other new members. There is also a need to review our current practices so that we can become as virtual as possible.
**Business Arm of the church** - We have noted that as a church we need to be self-sustaining and not solely rely on congregants tithes and offerings in funding church activities and projects. Apart from partnering with other government agencies, we also need to register a business arm of the church to boost our finances. There has been slow progress but talks and meetings have commenced with an interim committee being set up.
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## **The Charity plans to continue with the following key operations:**
**Spiritual Development** - The Advancement of Religion through Evangelism, Intercession, Worship, Missions, Discipleship, Training of Lay Witnesses, the establishment of relevant Small Group Ministries, fostering spiritual synergy, the Sacraments and planting new churches, making use of our platforms for transformation of lives.
**The Advancement of Education** through Bible Study curricula and Specialist Ministries; Ministers Internship, Bible Students supervision, spiritual and emotional support for Bible Students and providing weekly Sunday classes for children aged 13 years and below.
**Community engagement** through activities like the ‘Give a smile campaign’ and other networking activities within Milton Keynes.
**Leadership Development –** This is one of our three priorities and we plan to continue to identify and develop talent within the church
**Fundraising** towards obtaining our own place of worship. We intend to establish a business arm of the charity and establish other ways of generating income so that we increase our cash flow so that the charity is selfsustaining and self-funding.
**Systems development and upgrades.** We will continue to explore other ways of developing our operating systems so that we become more efficient and effective in the way we do things and compliant to the requirements of the Charities Commission and the law of the land.
Approved by the Trustees on: **28[th] November 2022**
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## **Independent Examiner's Report**
The Management and Board of Trustees of Ebenezer Fellowship AFMIM. who are registered as a charity, appointed me to independently examine their trustees' report, financial reports and the accompanying notes.
## **Responsibilities of Management and Board of Trustees**
- To safeguard the Charity's assets and in particular to ensure that the Financial Reports are free from material misstatements due to fraud.
- To keep adequate financial records and to ensure that the published reports are based on these records.
- To ensure that the published reports are true and fair.
- Consider their charity to qualify for an independent examination in terms of Part 8 and sections 145 and 152 of the Charities Act of 2011.
## **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**
In 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:
- to keep accounting records in accordance with section 130 of the 2011 Act and Regulations of the 2008 Accounts Regulations
- the preparation of accounts which accord with the accounting records and comply with Regulations of the 2008 Accounts Regulations have not been met, or
- to which in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
Macjones Hunduza ACA
**For and on Behalf of Bilberry Accountants Ltd Chartered Accountants**
> [th] January 2023
Page **7** of **13**
## **Statement of Financial Activity**
## **For the year ended 31 March 2022**
|Note
**Incoming Resources**
Voluntary Income
2
Activities for generating funds
Other Income
3
**Total Income Resources**
**Charitable Expenditure**
Ministry Costs
4
Governance Costs
5
Church Running
**Total Resources Expended**
**Net movement in Funds**
Prior Year Adjustment
**Fund balance brought forward**
**Fund balance carried forward**|**31 March**
31 March
**2022**
2021
**£**
£
**28,081**
22,875
**-**
-
**5,616**
23,026|
|---|---|
||**33,697**
45,901|
||**25,897**
19,721
**840**
840
**24,157**
12,075|
||**50,894**
32,636|
|||
||**-17,197**
13,265|
||**-**
**58,587**
15,319
30,003|
||**41,390**
58,587|
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## **Statement of Financial Position**
## **As at 31 March 2022**
|Note
**Fixed Assets**
**Tangible assets**
6
**Current Assets**
Cash at bank and in hand
7
Trade and other debtors
8
**Liabilities**
**Creditors amounts falling within one year**
Trade and other creditors
9
**Net current Assets**
**NET ASSETS**
**CHARITY FUNDS**|**31 March**
31 March
**2022**
2021
**£**
£
**10,305**
8,365
**26,309**
40,840
**5,616**
10,222|
|---|---|
||**31,925**
51,062|
||**840**
840|
||**31,085**
50,222|
|||
||**41,390**
58,587|
|||
||**41,390**
58,587|
The financial statements of Ebenezer Fellowship Apostolic Faith Mission International Ministries, charity number 1142564 were approved by the Trustees on 25[th] January 2023.
Approved on behalf by:
## **Mr Alywin Machipisa**
Trustee
Mr Wellington Gubwe Trustee
Page **9** of **13**
## **Notes to the Financial Statements for the year ended 31 March 2022**
## **1. Accounting Policy**
## **a) Basis of preparation**
The financial statements have been prepared under the historical cost convention and are in accordance with trust law, applicable accounting standards and the Statement of Recommended Practice, “Accounting and Reporting by Charities”, issued in March 2005.
## **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. 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.
## **c) Incoming resources**
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.
## **d) Resources expended**
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 costs by the number of staff, and finance and IT costs by work done.
## **e) Donated Goods and volunteer and other donated services.**
Donated goods are recognised in different ways dependent on how they are used by the charity:
- (i) Those donated for resale produce income in the trading venture when they are disposed of. (ii) Those donated for onward transmission to beneficiaries (chiefly clothing, food and medical 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
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volunteers is 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.
## **f) Taxation**
Irrecoverable VAT is not separately analysed and is charged to the statement of financial activities when the expenditure to which it relates is incurred and is allocated as part of the expenditure to which it relates.
Tax recovered from voluntary income received under gift aid is recognised when the related income is receivable and is allocated to the income category to which the income relates.
## **g) Tangible fixed assets and depreciation**
Tangible assets are stated at cost and depreciated over their useful economic lives at the following rates:
|Fixture and fittings|4 years|
|---|---|
|Equipment|4 years|
|Computers|3- 4 years|
Where the recoverable amount of a tangible asset is found to be below its net book value, the asset is written down to its recoverable amount and the loss on impairment is charged to the relevant expenditure category of the statement of financial activities.
Where an asset is not primarily used to generate income its impairment is assessed by reference to its service potential on its initial acquisition. The charity currently has no tangible fixed assets to which impairment provisions apply.
## **2. Voluntary Income**
|Restricted donations
Tithe
Love offering|**2022**
2021
**£**
£
**-**
-
**20,405**
17,680
**7,676**
5,195|
|---|---|
||**28,081**
22,875|
## **3. Other Income**
|Gift Aid accrual & Other income|**2022**
**£**
**5,616**
**5,616**|2021
£
**23,026**|
|---|---|---|
|||
**23,026**|
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## **4. Ministry Costs**
|Employee costs|**2022**
2021
**£**
£
**25,897**
19,721|
|---|---|
||**25,897**
19,721|
## **5. Governance Costs**
|Accountancy & independent examination
fees|**2022**
2021
**£**
£
**840**
840|
|---|---|
||**840**
840|
## **6. Property Plant and Equipment**
|**Cost**
At 1 April 2021
Additions
**At March 2022**
**Depreciation**
At 1 April 2021
Charge during the period
**At March 2022**
**Net Book Value**
At 31 March 2021
**At 31 March 2022**|**Property, Plant**
**& Equipment**
£
7,531
**7,531**
2,361
1,506
**3,867**
5,170
**5,170**|**Computers**
£
756
541
**1,304**
387
261
**648**
369
**656**|**Musical**
**Instruments**
£
6,610
6,061
(460)
**12,211**
3,784
2,442
**6,226**
2,826
**5,985**|**Total**
£
14,897
6,069
(460)|
|---|---|---|---|---|
|||||**21,046**|
|||||6,532
4,209|
|||||**10,741**|
|||||8,365|
|||||**10,305**|
## **7. Cash and cash equivalent**
|Cash at bank|**2022**
**2021**
**£**
**£**
**26,309**
40,840
**26,309**
40,840|
|---|---|
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## **8. Trade and other debtors**
|Gift Aid accrual|**2022**
2021
**£**
£
**5,616**
10,222
**5,616**
10,222|
|---|---|
## **9. Trade and other creditors**
|Accountancy & independent
examination fees|**2021**
2021
**£**
£
**840**
840|
|---|---|
||**840**
840|
## **10. Capital commitment**
There was no capital commitment in 2022 ( _2021: Nil_ )
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