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## **Apostolic Faith Mission IM (UK) Leicester Assembly (Jubilee Assembly)**
Registered Charity Number: 1150356
## **Annual Report and Financial Statements**
## **31 March 2021**
## **APOSTOLIC FAITH MISSION (IM) UK LEICESTER 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 – 12|
|Notes to the Financial Statements|13 - 15|
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Apostolic Faith Mission International Ministries (Leicester Assembly) UK
**Registered Charity Number: 1150356**
## **Trustees and Professional Advisors**
## **Principal Office**
7 A Cumberland Street Leicester LE1 4QS Leicestershire
## **Trustees**
Mr Cleto Mudhefi Mr Gift Matinyarare Mr Bothwell Mukwaira
## **Bankers**
HSBC 2-6 Gallow Tree Gate Leicester LE1 1DA Leicestershire
## **Independent Examiners**
Notion Accountancy Ltd 23 Lilleshall Road Birmingham B26 2QN
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Apostolic Faith Mission International Ministries (Leicester Assembly) UK
## **Report of the Trustees for the year ended 31 March 2021**
The Trustees present their annual report for the year ending 31 March 2021 under the Charities Act 2011, together with the annual accounts for the year 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**
## **Trustees Themes for the year**
- Greater Trustees/Board engagement
- Good Governance
- Leadership empowerment
- Disciplined Operations
- A Sustainable organisation
Our ability to effectively imagine the future is somewhat constrained in these circumstances and therefore our plans are perhaps rather more conservative than they would have been without a pandemic.
## **Governing documents**
The Charity was established by a Trust deed on 7th January 2013
## **Governing bodies**
The Trustees are responsible for:
- Appointing the members of the administrative committee
- Policies and procedures for induction and training of Trustees
- Organisational structure
- General control, management, and administration of the charity
- Ensuring charity is solvent, well-run and delivers charitable outcomes for benefit of public.
## **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 exercise reasonable supervision over any Trustee or Trustees acting on their behalf under this provision and ensure that all their acts and proceedings are fully and promptly reported to them.
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Apostolic Faith Mission International Ministries (Leicester Assembly) UK
**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 United Kingdom, 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 and will continue to 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 charities risk management process is undertaken on an annual basis.
Trustees continue to improve and ensure that the system of internal controls 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 in the past year.
## **Covid-19 Pandemic**
The past year has seen the most extraordinary times of the impact of Coronavirus on the church community and economy. There is still uncertainty about the future in terms of living with the virus and the terrible social and economic impact caused by the necessary shutdown of life as we knew it.
The Coronavirus pandemic (COVID-19) has posed significant challenges for the church. As a church we had to temporarily suspend our activities and found new ways of reaching out to congregations and the most vulnerable. We expanded our worship to online networks, and we currently use zoom and Facebook to reach out to our members. We only meet face to face on Sunday services observing social distancing and use of face masks. Our members have reported the positive effects of ‘going online’ and it has been an opportunity for creativity, and we have seen the importance of reaching our members outside of our usual physical gatherings.
## **Achievements and Performance**
- The Charity raised funds through fundraising to purchase a place of worship. More fundraising is currently underway for the same purpose. A fundraising committee is spearheading this project and works alongside Management Board
- Members have supported the bereaved and those celebrating different achievements. Members continue to donate freely when fellow members are bereaved.
- The board is working on a food bank which will benefit those in need.
- Leicester Jubilee is now also registered with HMRC for the purposes of PAYE and Gift Aid Claims
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Apostolic Faith Mission International Ministries (Leicester Assembly) UK
## **Principal activities during the year**
The charity runs regular bible study and Sunday service programmes. Prayer Services are also conducted every Friday evening for about an hour. All these are currently done online. Members from within the church help with Charity activities during the year and trustees would like to take this opportunity to express heartfelt thanks for their invaluable support, donations, and any contributions they made to the Charity.
## **Future Plans:**
- The charity is praying for and has a desire to have a suitable own place of worship at the convenient time. The trustees continue to work with management board and all stakeholders to raise enough funds for the place of worship.
- To continue conducting pastoral work including visiting the sick and the bereaved
- Teaching Christianity through sermons, bible study and home groups
- Teaching the youth Christian ethos and equipping them with the Word of God
- Promoting the whole mission of the church through activities for the youth, parents and children’s ministry and other special needs groups
- Supporting other charities in the UK and overseas
- Financial Policies to be reviewed annually
- Budgets for main church & all departments to be in place and followed
- Health & Safety Policy in place
- Reserves Policy
- Control Policy
- Record of internal Audit
- Record of monthly expenses
- Record of Administrator’s meeting with department treasurers
The Management continues to work on a Strategic planning document which will define organization’s strategy or direction
## **Other areas of work/next steps**
1. Review of our **Lawful Bases** for collecting/processing personal data
2. Potential replacement of our existing ‘ad hoc’ collection of databases
**3. information retention** – being much more specific about what we keep and how we erase data.
3. Improving our **Data Security –** e.g. confidential shredding, encryption.
4. Review and document what AFM procedure is in the event of a **data breach.**
5. **Voluntary training and awareness –** ensuring management are aware of their responsibility
Trustees will work hand in hand with church board to ensure fund raising, planning, and acquiring a place is achieved with minimum risks-identified and addressed promptly.
All objects and purposes remain exclusively charitable under the laws of The Charities Commission in England and Wales in line with our confession faith and our constitution.
Signed on behalf of the Charity's Trustees
## **Signature:**
**Full Name:** Cleto Mudhefi **Position** : Trustees Chair **Date:** 12/01/2022
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Apostolic Faith Mission International Ministries (Leicester Assembly) UK
## **Independent Examiner's Report**
The Management and Board of Trustees of Apostolic Faith Mission IM UK Leicester Assembly 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 and152 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**
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:
- to keep accounting records in accordance with section 130 of the 2011 Act
- the preparation of accounts which accord with the accounting records and comply with the accounting requirements of the act have not been met.
- to which in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
29/12/2021
Ranganai Kwangware FCCA BA(Hon) Acc On Behalf of Notion Accountancy Ltd
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Apostolic Faith Mission International Ministries (Leicester Assembly) UK
## Apostolic Faith Mission IM (UK) Leicester Assembly Statement of Financial Statement
## For the year ended 31 March 2021
|Notes|2021
Unrestricted
£|2021
Restricted
£|2021
Total
£
75,724
-
37,383
**113,107**
1,613
42,203
2,029
10,614
1,448
**57,907**
**55,200**
-
**55,200**
**130,512**
**185,712**|2020
Total
£|
|---|---|---|---|---|
|**Incoming resources**
Incoming resources from generated funds
voluntary income
2
Activities for generating funds
3
other incoming resources
4
**Total incoming resources**
**Resources expended**
Charitable activities
Church running costs
5
Spiritual leadership costs
6
Community building
7
Other costs
8
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**|72,304
-
27,388|3,420
-
9,995||89,220
3,000
94|
||**99,692**|**13,415**||**95,320**|
||1,613
42,203
2,029
10,614
1,448|||10,920
56,075
12,664
7,248
750|
||**57,907**|**-**||**85,430**|
||**41,785**
-|**13,415**||**4,657**|
||**41,785**|**13,415**||**4,657**|
||**26,233**|**104,279**||**125,855**|
||**68,018**|**117,694**||**130,512**|
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Apostolic Faith Mission International Ministries (Leicester Assembly) UK
## Apostolic Faith Mission IM (UK) Leicester Assembly Balance Sheet as at 31 March 2021
|Apostolic Faith Mission IM (UK) Leicester Assembly
Balance Sheet as at 31 March 2021|||
|---|---|---|
|Notes|2021
£|2020
£|
|**Fixed assets**
Tangible assets
10
Fixtures and fittings
Instruments
Motor vehicles
Office Equipment
**Current assets**
Debtors
11
Cash in hand and at bank
12
**Creditors: amounts falling due within one year**
13
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**Total charity funds**
Unrestricted funds
Restricted funds|-
-
1,535
964
**2,499**
32,660
161,920
194,580
**11,367**
**183,213**
**185,712**
**185,712**
68,018
117,694
**185,712**|91
-
1,176
-|
|||**1,267**|
|||15,503
111,325|
|||126,828
**840**|
|||**125,988**|
||||
|||**127,255**|
||||
|||**127,255**|
|||27,924
99,331
**127,255**|
_For the year ended 31 March 2021 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 12/02/2022_
and signed on its behalf by Chairman Elder Cleto Mudhefi Signature
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Apostolic Faith Mission International Ministries (Leicester Assembly) UK
## Apostolic Faith Mission IM (UK) Leicester Assembly
## **NOTES TO THE FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 March 2021**
1. ACCOUNTING POLICIES
The principal accounting policies, all of which have applied consistently throughout the year, are set out below.
- 1a. Basis of preparation
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 March 2018
- and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
• and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
- 1b. Going Concern
Apostolic faith Mission IM(UK) Leicester Assembly is still in operation as a going concern
- 1c. 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.
- 1d. 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.
- 1e. 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
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Apostolic Faith Mission International Ministries (Leicester Assembly) UK
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.
- 1f. Donated Goods and volunteer and other donated services.
Donated goods are recognised in different ways dependent on how they are used by the charity;
- a. Those donated for resale produce income in the trading venture when they are disposed of.
b. 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 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.
- 1g. 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 5 years Computers 3-4 years
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Apostolic Faith Mission International Ministries (Leicester Assembly) UK
## Apostolic Faith Mission IM (UK) Leicester Assembly
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2021**
|**NOTES TO THE FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 March 2021**|||||
|---|---|---|---|---|
|**2.**
**Voluntary income**
Donations
Love offering
Gift Aid Estimate
Subscriptions
Tithes
Family Day
High Tea
Ladies Retreat
**3.**
**Activities for generating funds**
Conference fees
Fundraising
**4.**
**Other Income**
Other income
Furlough Grant
Youth Grant
**5.**
**Church running costs**
Rent church lease
Motor Vehicle Expenses
Premises insurance
Depreciation of Furniture & Fittings
Depreciation of motor vehicles
Depreciation of Office Equipment
**6.**
**Spiritual leadership costs**
Pastors salaries
National Insurance
Pension Cost Employer
Conference Costs
Personage Allowance
Honorariums|2021
Unrestricted
£|2021
Restricted
£|2021
Total
£
14,295
5,075
14,600
285
41,469
-
-
-
**75,724**
-
-
**-**
-
27,388
9,995
**37,383**
-
861
-
-
511
241
**1,613**
35,352
3,666
1,061
-
1,587
537
**42,203**|2020
Total
£|
||10,875
5,075
14,600
285
41,469
-
-
-|3,420||10,165
14,492
17,500
335
43,523
385
2,145
675|
||**72,304**|**3,420**||**89,220**|
||-
-|||2,545
455|
||**-**|**-**||**3,000**|
||-
27,388
-|9,995||94
0
-|
||**27,388**|**9,995**||**94**|
||-
861
-
-
511
241|||8,518
873
927
91
511
-|
||**1,613**|**-**||**10,920**|
||35,352
3,666
1,061
-
1,587
537|||46,733
5,255
1,286
1,075
906
820|
||**42,203**|**-**||**56,075**|
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Apostolic Faith Mission International Ministries (Leicester Assembly) UK
## Apostolic Faith Mission IM (UK) Leicester Assembly
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 March 2021**
|**NOTES TO THE FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 March 2021**|||||
|---|---|---|---|---|
|**7. Community Building**
Holy Communion/Baptism
Board meeting expenses
Conference costs - National & Regional
Hospitality
Subscriptions
Regional and National Contributions
Bank Charges
Praise & Worship
Family Day
Printing and Stationery
**8. Other costs**
Fundraising Costs
Loss on Disposal
Donations
**9. Governance costs**
Independent Examination
Software
Accountancy|2021
Unrestricted
£|2021
Restricted|2021
Total|2020
Unrestricted
£|
||57
150
572
100
-
796
182
-
-
172|-
-
-
-
-
-
-
-
-
-|57
150
572
100
-
796
182
-
-
172
**2,029**
-
-
10,614
**10,614**
150
698
600
**1,448**|-
158
5,010
951
200
2,300
1,014
559
1,707
765|
||**2,029**|**-**||**12,664**|
||-
-
10,614|-
-
-||4,009
1,176
2,063|
||**10,614**|**-**||**7,248**|
||150
698
600|-
-
-||150
-
600|
||**1,448**|**-**||**750**|
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Apostolic Faith Mission International Ministries (Leicester Assembly) UK
## Apostolic Faith Mission IM (UK) Leicester Assembly
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 March 2021**
## **10. Tangible Assets**
|**FOR THE YEAR ENDED**
**10. Tangible Assets**|**31 March 2021**||||
|---|---|---|---|---|
|**Cost:**
at 1 April 2020
Additions
Disposals
at 31 March 2021
**Depreciation:**
at 1 April 2020
Charge
Disposals
at 31 March 2021
**Net book value:**|**Plant &**
**Equipment**
3,434
1,205
-|**Motor Vehicles**
2,557
-
-|**IT & Musical**
**Instruments**
13,686
-
-|**Fixtures and**
**fittings**
5,555
-
-|
||**4,639**|**2,557**|**13,686**|**5,555**|
||3,434
241
-|511
511
-|13,686
-
-|5,555
-
-|
||**3,675**|**1,022**|**13,686**|**5,555**|
||||||
||**964**|**1,535**|**-**|**-**|
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Apostolic Faith Mission International Ministries (Leicester Assembly) UK
## Apostolic Faith Mission IM (UK) Leicester Assembly
## **NOTES TO THE FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 March 2021**
|**11. Debtors**
Gift Aid
Other debtors
**12. Cash in hand and at bank**
Cash at bank - Main Church
Cash at bank - Building Fund
Cash at bank - Ladies
Cash at bank - Youth|2021
Unrestricted
£|2021
Restricted
£|2021
Total
£|2020
Unrestricted
£|
|---|---|---|---|---|
||32,660
-|-
-|32,660
-|33,003
-|
||**32,660**|**-**|**32,660**|**33,003**|
||32,389
-
2,076
247|117,213
9,995|32,389
117,213
2,076
10,242|2,684
104,279
486
247|
||**34,712**|**127,208**|**161,920**|**107,696**|
Restricted cash at bank is funds raised for property investment £117,213 (2020 - £104,279) Restricted cash at bank is Grant received from State Lottery for Youth Activities £9,995
## **13. Creditors: amounts falling due within one year**
|Trade creditors
Pension
PAYE & NI
Salaries Control|750
- 750
750
2,169
2,169
612
8,147
8,147
10,871
302
302
-|
|---|---|
||**11,367**
**- 11,367 12,233**|
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Apostolic Faith Mission International Ministries (Leicester Assembly) UK