**Charity Registered Number: 1151295** ## Apostolic Faith Mission Mount Zion Coventry Assembly Trustees Annual Report 2021/22 ## **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 2022. 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 yet another year spent under the Corona Virus (COVID19) global pandemic. It remained a very difficult year for church members and the community at large. The church continued to meet regularly via online platforms such as ZOOM to minister the word of God and to encourage each other. The discovery of vaccinations against COVID and a rapid widespread roll out of the vaccination programme enabled the church to return to in-person church meetings towards the end of the year under review. This return to physical meetings on lifting of restrictions 1 **Charity Registered Number: 1151295** was a welcome development for our members who yearned for such fellowship with one another. We have 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. The number of congregants attending Sunday services online remained steady. The return to in-person physical meetings though a welcome development, the numbers were lower than the pre-pandemic levels. The church remains open to people of all backgrounds as we thrive to be a church for all nationalities and cultures. As a postpandemic church, 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 economic and social difficulties and challenges to families and individuals brought about by the pandemic, members were very responsive in continuing to donate for the work of God in the community to carry on. In the year under review, unrestricted funds were £33,749. 2 **Charity Registered Number: 1151295** 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 £36,983 giving a deficit of -£3,237 The Building Fund closed the year under review at £33,214 up from £32,611 in 2021. For and on behalf of all the trustees on ………………………… ……………………………..……. Mr Hillary Mununuri Chindodo ## **Trustee** ## 31/01/2023 …………………………………… ## **Date** 3 ## **AFM Coventry Mt Zion Financial Report March 2022** |**Income**
Tithe
Offering
Grants
**Expenses**
**Pastor's Salary and Welfare**
**Other Administrative Costs**
Accountancy fees
Bank Charges
Couples
Funeral donations
Venue Hire
Honourarium
Insurance
Internet
Other
Regional
Travel|**2022**
**2021**
13,431
20,771
12,157
7,529
3,788
7,366| |---|---| ||**29,376**
**35,666**| ||**28,384**
**23,234**
1,200
20
400
1,155
3,523
100
590
68
830
400
150| ||**8,436**
**4,054**| ||| |**SURPLUS/-DEFICIT**|**-£7,444**
**£8,378**| |**Account Balances**|**2022**
**2021**
125
145
33,214
32,611
2,732
8,544
4,007
4,006
1,513
1,685| |---|---| |Mens
Building
Youth
Reserve
Ladies|| ||**41,591**
**46,991**| ## **AFM Coventry Mt Zion Financial Report March 2022** |**Income**
Tithe
Offering
Grants
**Expenses**
**Pastor's Salary and Welfare**
**Other Administrative Costs**
Accountancy fees
Bank Charges
Couples
Funeral donations
Venue Hire
Honourarium
Insurance
Internet
Other
Regional
Travel|**2022**
**2021**
13,431
20,771
12,157
7,529
3,788
7,366| |---|---| ||**29,376**
**35,666**| ||**28,384**
**23,234**
1,200
20
400
1,155
3,523
100
590
68
830
400
150| ||**8,436**
**4,054**| ||| |**SURPLUS/-DEFICIT**|**-£7,444**
**£8,378**| |**Account Balances**|**2022**
**2021**
125
145
33,214
32,611
2,732
8,544
4,007
4,006
1,513
1,685| |---|---| |Mens
Building
Youth
Reserve
Ladies|| ||**41,591**
**46,991**|