**Charity Registered Number: 1151295**
## Apostolic Faith Mission Mount Zion Coventry Assembly Trustees Annual Report 2020/21
## **Trustees:**
Hillary M Chindodo (Chairperson) Siphiwe Kazora (Secretary) Catherine Gumbura Arnold Darare
## **Overview**
All glory and honour belongs to God.
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 March 2021. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2015).
Apostolic Faith Mission Coventry Assembly (also referred to as AFM Mount Zion Coventry Assembly) is a full member of Apostolic Faith Mission International Ministries UK but registered as a separate charity since 19 March 2013 under charity 1151295 with the objective of advancing the Christian religion in accordance to the Holy Scriptures as contained in the Church’s confession of faith.
The year under review was spent under the dark cloud of the Corona Virus (COVID19) global pandemic. It has been a very difficult year for church members and the community at large. The church is predominantly composed of Zimbabweans settled in the UK. The pandemic has seen several members losing their loved ones in Zimbabwe but being unable to attend funerals.
Following the government restrictions such as banning of gathering by people in order to manage the pandemic, church service were migrated to online platforms. We have
1
**Charity Registered Number: 1151295**
reported in previous years that securing a property to use as our own place of worship is one of the church’s priorities. As the church prepares for the end of the pandemic, the need for that place of worship remains great therefore we continue to make all efforts to secure the place of worship either on a long term exclusive use lease or to purchase a property for the same purpose evidenced by the restricted Building Fund account opened in 2018 for that purpose.
Our focus therefore remains that of acquiring a church property and fundraising efforts are continuing. However, besides the in-house contributions, we need to continue looking at how as a charity we can tap into local grants and support for the city council and other stakeholders. Our church finances are mainly supported by the ‘tithes and offerings' from the members of the church who have remained faithful and committed to supporting the church’s work despite the difficulties they have faced under COVID19. We thank the members who have made it possible to put us where we are. We continue to explore projects which help the church to contribute more to the society at large.
Our youth department secured a £10,000 Community Fund grant which has gone into various programmes for our young people during COVID19. The youth have engaged in financial management workshops, entrepreneurship, career guidance workshops, CV workshops and social gathering either online or in person COVID restrictions permitting. They also managed to secure some music and computer equipment which members have been learning and developing new skills.
Despite the pandemic, the pastor’s vision remains focused on spirituality, numerical growth, multi-culturalism, and financial growth and stability.
The number of congregants attending Sunday services online remained steady. The church remains to people of all backgrounds as we thrive to be a church for all nationalities and cultures. As we come out of the COVID19 pandemic, there are many opportunities for the church to grow numerically, financially and spiritually.
## **Financial Review**
The Charity’s income largely comes from church members’ tithing and Sunday service love offering collections and donations. Despite the various difficulties and challenges to families and individuals brought about by the pandemic, members were very
2
**Charity Registered Number: 1151295**
responsive in continuing to donate for the work of God in the community to carry on. In the year under review, unrestricted funds were only down to £45,594 from £49,839 in 2020.
The COVID19 pandemic also meant that the church did not incur some costs which have been payable in normal times. As a result, unrestricted expenditure stood at £29,978 giving a surplus of £15.616.
The Building Fund closed the year under review at $32,611 up from $30,849 in 2020. For and on behalf of all the trustees on ………………………… 2 5 / 0 1 / 2 0 2 2
……………………………..…….
Mr Hillary Mununuri Chindodo
## **Trustee**
…………………………………… 2 5 / 0 1 / 2 0 2 2
## **Date**
3
Charity number: 1151295
(England and Wales)
Apostolic Faith Mission - Coventry Assembly
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2021
Page **1** of **11**
Apostolic Faith Mission - Coventry Assembly Contents Page
For the year ended 31 March 2021
**----- Start of picture text -----**
Report of the Trustees 3
Independent Examiner's Report to the Trustees 4
Statement of Financial Activities 5
Statement of Financial Position 6
Notes to the Financial Statements 7,8
Detailed Statement of Financial Activities 9,10
**----- End of picture text -----**
Page **2** of **11**
## Apostolic Faith Mission - Coventry Assembly Report of the Trustees For the year ended 31 March 2021
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable organization for the year ended 31 March 2021. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2015).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The trustees have considered the Charity Commission’s guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
## **FINANCIAL REVIEW**
## **Going concern**
Apostolic Faith Mission Coventry Assembly is still in operation as a going concern.
## **REFERENCE AND ADMINISTRATIVE INFORMATION**
|Name of Charity|Apostolic Faith Mission - Coventry Assembly|
|---|---|
|Charity registration number|1151295|
|Principal address|17 Ibex Close|
||Coventry|
||CV3 2FB|
## **Trustees**
The trustees and officers serving during the year and since the year end were as follows:
||Mr Hillary Mununuri Chindodo|
|---|---|
||Mrs Catherine Gumbura|
||Mrs Siphiwe Kazora|
||Mr Arnold Darare|
|Independent examiners|Dan Accountancy ltd|
||Second Floor|
||105-107 New Union Street|
||Coventry|
||CV1 2NT|
|Bankers|HSBC Bank|
||55 Corporation Street|
||Coventry|
||CVI 1GX|
Approved by the Board of Trustees and signed on its behalf by
Mr Hillary Mununuri Chindodo
Page **3** of **11**
## Apostolic Faith Mission - Coventry Assembly
## Independent Examiners Report to the Trustees
## For the year ended 31 March 2021
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2021.
## Responsibilities and basis of report
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## Independent examiners statement
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 Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the requirements of section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 accounts to be reached.
Dan Accountancy ltd
## Second Floor
105-107 New Union Street Coventry CV1 2NT
30 Nov 2021
Page **4** of **11**
Apostolic Faith Mission - Coventry Assembly Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 March 2021
|**Income**
Donations from Tithes and Offerings
**Charitable Activities**
Youth
Sisters Union
Men's fellowship
Building Fund
Other Activities (Gift Aid +Fund raisings)
Government Grant
**Total**
**Expenditure**
Raising funds
Other costs
**Charitable Activities**
Consumable Exp (PA)
Hospitality (Fun day, Christmas party and
hospitality)
Venue Hire
Pastor's Salary and Welfare
Depreciation
Other Church costs
Donations
**Total**
Net Income/expenditure
Reconciliation of funds||2021
27,452
7,853
169
145
1,761
848
7,366
45,594|2020
36,114
165
1,041
168
834
11,517
49,839|
|---|---|---|---|
|||1,127
587
100
1,205
23,234
2,691
860
175
**29,978**
15,616|3,130
598
2,366
12,559
26,654
2,691
2,842
6,090
**56,930**
-7,091|
||||
|---|---|---|
|Total Funds brought forward
Total Funds carried forward|30,041
45,657|37,132|
|||30,041|
Page **5** of **11**
Page6of11
## Apostolic Faith Mission - Coventry Assembly Statement of Financial Position
As at 31 March 2021
||Notes|2021|2020|
|---|---|---|---|
|**Fixed assets**||||
|Tangible assets|3|1,956|4,647|
|Current assets||||
|Cash at bank and in hand||56,645|47,342|
|Creditors: amounts falling due within one year|4|-700|-700|
|Net current assets||55945|45,922|
|Total assets less current liabilities||57,901|50,000|
|Creditors: amounts falling due after more than one year|5|0|-1,947|
|Net assets||57,901|48,053|
|The funds of the charity||||
|Income funds||57,901|48,053|
|Total funds||57,901|48,053|
For the year ended 31 March 2021 the charity was entitled to exemption from audit under section 477 of the Companise 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 section 476,
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 issue by the Board and signed on its behalf by:
Hillary Chindodo – Trustee Chairperson
Page **7** of **11**
Apostolic Faith Mission - Coventry Assembly
Notes to the Financial Statements
For the year ended 31 March 2021
## 1. Accounting Policies
## Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘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 102) (effective 1 January 2015)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
Apostolic Faith Mission - Coventry Assembly meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## Going concern
The charity is still a going concern.
## **2. Income from donations and legacies**
||2021|2020|
|---|---|---|
|Unrestricted funds|||
|Tithes|20,771|23,438|
|Gifts in kind (Love offerings)|7,529|9,201|
||28,300|32,639|
## **3. Tangible fixed assets**
|**Cost or valuation**
At 01 April 2020
**Depreciation**
Accumulated
Charge for year
**Net book values**
At 31 March 2021
At 31 March 2020|**Music/ Comp**
**equipment**
17,639|
|---|---|
||17,639
12,992
2,691|
||15,683
1,956
4,647|
Page **8** of **11**
Apostolic Faith Mission - Coventry Assembly Notes to the Financial Statements Continued
For the year ended 31 March 2021
4. Creditors: amounts falling due within one year
Other creditors 5. Creditors: amounts falling due after more than one year
Other creditors
|2021|2020|
|---|---|
|700|700|
|2021|2020|
|0|279|
Page **9** of **11**
## AFM INTERNATIONAL MINISTRIES AFM COVENTRY ASSEMBLY
## NOTES TO THE FINANCIAL STATEMENTS AS AT 31 March 2021
|Receipts|Main Church|Sisters Union|Youth|Mens Fellowship|Total|
|---|---|---|---|---|---|
|Tithes|20,771||||20,771|
|Love Offering|6,681||||6,681|
|Fund raising
|848|169|7,853|145
|9,015|
|Government Grant|7,366||||7,366|
|Total Receipts|35,666|169|7,853|145|43,833|
## **Expenses**
|Travel||
|---|---|
|10% Regional Contribution|200|
|Board Refreshments|131|
|National Conference||
|National Youth Conference||
|Regional Mens Fellowship||
|PA System|586.62|
|Hall Hire|1,205|
|Pastor's salary and Welfare|23,234|
|Accounting fees|700|
|Insurance|529.26|
|Software charges|402|
|All Night Flyers|25|
|Hospitality, Refreshments and Xmas party|100|
|G1|-152|
|G1 Fund raisings|152|
|Funeral Donations|175|
|**Total**|**27,288**|
Page **10** of **11**
AFM INTERNATIONALMINISTRIES AFM COVENTRY ASSEMBLY
NOTES TO THE FINANCIAL STATEMENTS AS AT 31 March 2021
|
|**Building Fund**
Opening balance
30,849
Building donations
1,745
Transfer from general funds
interest
16|
|---|---|
||Cash balance
32,611|
||**Reserve Funds**
Reserve Funds
4,006
Ladies 1,685
Men’s 145
Youth 8,544|
Page **11** of **11**
Charity number: 1151295
(England and Wales)
Apostolic Faith Mission - Coventry Assembly
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2021
Page **1** of **11**
Apostolic Faith Mission - Coventry Assembly Contents Page
For the year ended 31 March 2021
**----- Start of picture text -----**
Report of the Trustees 3
Independent Examiner's Report to the Trustees 4
Statement of Financial Activities 5
Statement of Financial Position 6
Notes to the Financial Statements 7,8
Detailed Statement of Financial Activities 9,10
**----- End of picture text -----**
Page **2** of **11**
## Apostolic Faith Mission - Coventry Assembly Report of the Trustees For the year ended 31 March 2021
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable organization for the year ended 31 March 2021. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2015).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The trustees have considered the Charity Commission’s guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
## **FINANCIAL REVIEW**
## **Going concern**
Apostolic Faith Mission Coventry Assembly is still in operation as a going concern.
## **REFERENCE AND ADMINISTRATIVE INFORMATION**
|Name of Charity|Apostolic Faith Mission - Coventry Assembly|
|---|---|
|Charity registration number|1151295|
|Principal address|17 Ibex Close|
||Coventry|
||CV3 2FB|
## **Trustees**
The trustees and officers serving during the year and since the year end were as follows:
||Mr Hillary Mununuri Chindodo|
|---|---|
||Mrs Catherine Gumbura|
||Mrs Siphiwe Kazora|
||Mr Arnold Darare|
|Independent examiners|Dan Accountancy ltd|
||Second Floor|
||105-107 New Union Street|
||Coventry|
||CV1 2NT|
|Bankers|HSBC Bank|
||55 Corporation Street|
||Coventry|
||CVI 1GX|
Approved by the Board of Trustees and signed on its behalf by
Mr Hillary Mununuri Chindodo
Page **3** of **11**
## Apostolic Faith Mission - Coventry Assembly
## Independent Examiners Report to the Trustees
## For the year ended 31 March 2021
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2021.
## Responsibilities and basis of report
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## Independent examiners statement
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 Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the requirements of section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 accounts to be reached.
Dan Accountancy ltd
## Second Floor
105-107 New Union Street Coventry CV1 2NT
30 Nov 2021
Page **4** of **11**
Apostolic Faith Mission - Coventry Assembly Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 March 2021
|**Income**
Donations from Tithes and Offerings
**Charitable Activities**
Youth
Sisters Union
Men's fellowship
Building Fund
Other Activities (Gift Aid +Fund raisings)
Government Grant
**Total**
**Expenditure**
Raising funds
Other costs
**Charitable Activities**
Consumable Exp (PA)
Hospitality (Fun day, Christmas party and
hospitality)
Venue Hire
Pastor's Salary and Welfare
Depreciation
Other Church costs
Donations
**Total**
Net Income/expenditure
Reconciliation of funds||2021
27,452
7,853
169
145
1,761
848
7,366
45,594|2020
36,114
165
1,041
168
834
11,517
49,839|
|---|---|---|---|
|||1,127
587
100
1,205
23,234
2,691
860
175
**29,978**
15,616|3,130
598
2,366
12,559
26,654
2,691
2,842
6,090
**56,930**
-7,091|
||||
|---|---|---|
|Total Funds brought forward
Total Funds carried forward|30,041
45,657|37,132|
|||30,041|
Page **5** of **11**
Page6of11
## Apostolic Faith Mission - Coventry Assembly Statement of Financial Position
As at 31 March 2021
||Notes|2021|2020|
|---|---|---|---|
|**Fixed assets**||||
|Tangible assets|3|1,956|4,647|
|Current assets||||
|Cash at bank and in hand||56,645|47,342|
|Creditors: amounts falling due within one year|4|-700|-700|
|Net current assets||55945|45,922|
|Total assets less current liabilities||57,901|50,000|
|Creditors: amounts falling due after more than one year|5|0|-1,947|
|Net assets||57,901|48,053|
|The funds of the charity||||
|Income funds||57,901|48,053|
|Total funds||57,901|48,053|
For the year ended 31 March 2021 the charity was entitled to exemption from audit under section 477 of the Companise 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 section 476,
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 issue by the Board and signed on its behalf by:
Hillary Chindodo – Trustee Chairperson
Page **7** of **11**
Apostolic Faith Mission - Coventry Assembly
Notes to the Financial Statements
For the year ended 31 March 2021
## 1. Accounting Policies
## Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘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 102) (effective 1 January 2015)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
Apostolic Faith Mission - Coventry Assembly meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## Going concern
The charity is still a going concern.
## **2. Income from donations and legacies**
||2021|2020|
|---|---|---|
|Unrestricted funds|||
|Tithes|20,771|23,438|
|Gifts in kind (Love offerings)|7,529|9,201|
||28,300|32,639|
## **3. Tangible fixed assets**
|**Cost or valuation**
At 01 April 2020
**Depreciation**
Accumulated
Charge for year
**Net book values**
At 31 March 2021
At 31 March 2020|**Music/ Comp**
**equipment**
17,639|
|---|---|
||17,639
12,992
2,691|
||15,683
1,956
4,647|
Page **8** of **11**
Apostolic Faith Mission - Coventry Assembly Notes to the Financial Statements Continued
For the year ended 31 March 2021
4. Creditors: amounts falling due within one year
Other creditors 5. Creditors: amounts falling due after more than one year
Other creditors
|2021|2020|
|---|---|
|700|700|
|2021|2020|
|0|279|
Page **9** of **11**
## AFM INTERNATIONAL MINISTRIES AFM COVENTRY ASSEMBLY
## NOTES TO THE FINANCIAL STATEMENTS AS AT 31 March 2021
|Receipts|Main Church|Sisters Union|Youth|Mens Fellowship|Total|
|---|---|---|---|---|---|
|Tithes|20,771||||20,771|
|Love Offering|6,681||||6,681|
|Fund raising
|848|169|7,853|145
|9,015|
|Government Grant|7,366||||7,366|
|Total Receipts|35,666|169|7,853|145|43,833|
## **Expenses**
|Travel||
|---|---|
|10% Regional Contribution|200|
|Board Refreshments|131|
|National Conference||
|National Youth Conference||
|Regional Mens Fellowship||
|PA System|586.62|
|Hall Hire|1,205|
|Pastor's salary and Welfare|23,234|
|Accounting fees|700|
|Insurance|529.26|
|Software charges|402|
|All Night Flyers|25|
|Hospitality, Refreshments and Xmas party|100|
|G1|-152|
|G1 Fund raisings|152|
|Funeral Donations|175|
|**Total**|**27,288**|
Page **10** of **11**
AFM INTERNATIONALMINISTRIES AFM COVENTRY ASSEMBLY
NOTES TO THE FINANCIAL STATEMENTS AS AT 31 March 2021
|
|**Building Fund**
Opening balance
30,849
Building donations
1,745
Transfer from general funds
interest
16|
|---|---|
||Cash balance
32,611|
||**Reserve Funds**
Reserve Funds
4,006
Ladies 1,685
Men’s 145
Youth 8,544|
Page **11** of **11**