REGISTERED CHARITY NUMBER: 1152626
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 October 2023
for
Johane Masowe-Chishanu Apostles (1931)
MSA Accountancy & Business Advisors Business Box 3 Oswin Road Leicester Leicestershire LE3 1HR
Johane Masowe-Chishanu Apostles (1931)
Contents of the Financial Statements for the Year Ended 31 October 2023
| Page | |
|---|---|
| Report of the Trustees | 1 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 12 |
| Detailed Statement of Financial Activities | 13 |
Johane Masowe-Chishanu Apostles (1931)
Report of the Trustees for the Year Ended 31 October 2023
The trustees present their report with the financial statements of the charity for the year ended 31 October 2023. 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES Objectives and activities
JM-CA (1931) Charity is committed to enabling as many people as possible to worship at our church and to become part of our Johane Masowe-Chishanu Apostles (1931) (or JM-CA (1931)) community, maintaining an overview of worship throughout the Church and making suggestions on how our services can involve in view of the diversity of the community groups that live within our church localities.
Our services and worship put faith into practice through prayer, preaching and singing. In particular we try to help ordinary people to live out their faith as part of our JM-CA (1931) community through:
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Worship and Prayer; learning about the Gospel and developing their knowledge and trust in Jesus.
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Family values, support and encouragement.
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• Missionary and outreach programme.
The principal activities in the period were:
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Preaching and spreading the word of God to the members and non-members in the UK and abroad;
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Fulfilling goals as set out by the Holy Spirit;
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Teaching and encouraging the adherence to the Ten Commandments;
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Encouraging co-operation, fellowship and unity amongst members of the Church and the communities;
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Facilitating and encouraging self-help projects.
Page 1
Johane Masowe-Chishanu Apostles (1931)
Report of the Trustees for the Year Ended 31 October 2023
ACHIEVEMENT AND PERFORMANCE Achievements and performance
Worship and Prayer
JM-CA (1931) offers regular Sunday services and once a month evening prayer service over the course of the year that our community find both beneficial and spiritually fulfilling.
For the sixth success year running, this year we welcomed more families into our church and we continued to have monthly planning meetings. These continued to be well received.
We continued with outreach worship programmes to other communities inside and outside the UK.
Church Administration
As part of the management and administration of the Charity in the reporting period the Trustees undertook the following:
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Engagement of accountants and solicitors to assist and guide the Trustees in the development of good church administration through management policies and procedures, in line with national guidance to ensure the Charity complies with the UK charity regulation.
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Continues with the awareness initiatives for the membership regarding the compliance, accountability, security and democracy issues specifically with the Charity Commission and the UK in general.
FINANCIAL REVIEW
Review of the Financial Statements
Johane Masowe-Chishanu Apostles (1931) reported a deficit of £3,945 (2022: Surplus £52) during the year. This was as a resul of increase in travel costs during the year to comtinue preaching words of God.
Receipts and Spending
Receipts totalling £70,617 (2022: £13,301) was from voluntary donations in the form of unrestricted funds. During the year, total of £69,107 (2022: £3,617) was used to pay the hiring of local venues and transportation services and £5,455 (2022: £5,300) was spent on our missionary campaign and outreach programmes. There were no external grants made as can be seen in the Financial Statements.
FUTURE PLANS
To continue to facilitate
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Services - Worship by putting faith into practice through prayer, preaching and singing and to help ordinary people to live out their faith as part of our JM-CA. (1931) community, (b) Worship and Prayer - learning about the Gospel and (c) Knowledge developing understanding and trust in Jesus, the missionary and outreach programmes.
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To provide pastoral care for elders in the church, families and communities.
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To hold fund raising activities for sustainability (some operational costs) and property acquisitions such as identifying and purchasing our own Church buildings.
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To acquire our own premises as a Headquarters and relevant church activities, with the view of having worship centres in our respective regions.
Page 2
Johane Masowe-Chishanu Apostles (1931)
Report of the Trustees
for the Year Ended 31 October 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Structure, governance and management
Johane Masowe-Chishanu Apostles (1931) Charity is a membership association governed by its Constitution dated 28 April 2013. The Charity was registered as a Charity (No. 1152626) with the Charity Commission on 27th June 2013.
The Charity does not employ any staff but is run by a board of Trustees within the guidance of the Constitution. Trustees are appointed by Church membership in accordance with the Constitution and do not receive any salary or payment.
The Charity comprises local Church Congregations, known as Sowes, to allow membership to attend religious activities and church services in different localities such as in Kettering, Hatfield, Bristol, Derby and Birmingham. The religious activities and local Sunday church services are attended by church members and also non-church members who are willing to receive the word of God and spiritual healing.
Recruitment and appointment of new trustees
The charity is governed by a board of trustees. This is to ensure that the board has the skills and experience required to oversee the management of the charity and its operations. The Charity trustees are responsible for general control and management of the charity. The trustees give their time freely and receive no remuneration or other financial benefits.
Induction and training of new trustees
All new trustees receive a planned induction programme before taking up their place on the board. This includes an explanation of their roles and responsibilities, an introduction to other trustees, an overview of recent activities and an explanation of broad format and process.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1152626
Principal address
Pothecary Witham Weld Solicitors 70 St. Georges Square London SW1V 3RD
Page 3
Johane Masowe-Chishanu Apostles (1931)
Report of the Trustees
for the Year Ended 31 October 2023
Trustees
Mr Olta Zimuto Chairperson Mrs Barbara Gudo (resigned 4.12.22) Mr Daniel Zondwayo (resigned 4.12.22) Mr John Mangondo Ms Musta Chinyanga Mr Kudzayi Ndume Ms Juliana Nyikavaranda Mrs Tendayi Chimbeva Mr Nkosilathi Brian Ndlovu (appointed 4.12.22) Mr Marko Machokovha Deputy Chair (appointed 4.12.22)
Independent Examiner
MSA Accountancy & Business Advisors Business Box 3 Oswin Road Leicester Leicestershire LE3 1HR
Bankers
Barclays Bank 53-55 Broadmead Bristol BS1 3EA
Approved by order of the board of trustees on 5 September 2024 and signed on its behalf by:
Olta Zimuto (Sep 9, 2024 16:18 GMT+1)
Mr Olta Zimuto - Trustee
Page 4
Independent Examiner's Report to the Trustees of Johane Masowe-Chishanu Apostles (1931)
Independent examiner's report to the trustees of Johane Masowe-Chishanu Apostles (1931)
I report to the charity trustees on my examination of the accounts of Johane Masowe-Chishanu Apostles (1931) (the Trust) for the year ended 31 October 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Shabbir Aslam FCPAA
MSA Accountancy & Business Advisors Business Box 3 Oswin Road Leicester Leicestershire LE3 1HR
5 September 2024
Page 5
Johane Masowe-Chishanu Apostles (1931)
Statement of Financial Activities for the Year Ended 31 October 2023
| 31.10.23 | 31.10.22 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 70,617 | 13,301 | |
| EXPENDITURE ON | |||
| Raising funds | 2 | 74,562 | 13,249 |
| NET INCOME/(EXPENDITURE) | (3,945) | 52 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 12,284 | 12,232 | |
| TOTAL FUNDS CARRIED FORWARD | 8,339 | 12,284 | |
The notes form part of these financial statements
Page 6
Johane Masowe-Chishanu Apostles (1931)
Balance Sheet 31 October 2023
| 31.10.23 | 31.10.22 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash at bank | 15,446 | 13,484 | |
| CREDITORS | |||
| Amounts falling due within one year | 5 | (7,107) | (1,200) |
| NET CURRENT ASSETS | 8,339 | 12,284 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 8,339 | 12,284 | |
| NET ASSETS | 8,339 | 12,284 | |
| FUNDS | 6 | ||
| Unrestricted funds | 8,339 | 12,284 | |
| TOTAL FUNDS | 8,339 | 12,284 |
The financial statements were approved by the Board of Trustees and authorised for issue on 5 September 2024 and were signed on its behalf by:
Olta Zimuto (Sep 9, 2024 16:18 GMT+1)
Mr Olta Zimuto - Trustee
The notes form part of these financial statements
Page 7
Johane Masowe-Chishanu Apostles (1931) Notes to the Financial Statements for the Year Ended 31 October 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 8
continued...
Johane Masowe-Chishanu Apostles (1931)
Notes to the Financial Statements - continued for the Year Ended 31 October 2023
2. RAISING FUNDS
Raising donations and legacies
| Raising donations and legacies | ||
|---|---|---|
| 31.10.23 | 31.10.22 | |
| £ | £ | |
| Support costs | 74,562 | 13,249 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 October 2023 nor for the year ended 31 October 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 October 2023 nor for the year ended 31 October 2022.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM | Unrestricte fund £ |
|---|---|
| Donations and legacies | 13,301 |
| EXPENDITURE ON | |
| Raising funds | 13,249 |
| NET INCOME | 52 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 12,232 |
| TOTAL FUNDS CARRIED FORWARD | 12,284 |
Page 9
continued...
Johane Masowe-Chishanu Apostles (1931)
Notes to the Financial Statements - continued for the Year Ended 31 October 2023
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 31.10.23 | 31.10.22 | |||
| £ | £ | |||
| Trade creditors | 5,607 | - | ||
| Other creditors | 1,500 | 1,200 | ||
| 7,107 | 1,200 | |||
| 6. | MOVEMENT IN FUNDS | |||
| Unrestricted funds | At 1.11.22 £ |
Net movement in funds £ |
At 31.10.23 £ |
|
| General fund | 12,284 | (3,945) | 8,339 | |
| TOTAL FUNDS | 12,284 | (3,945) | 8,339 | |
| Net movement in funds, included in the above are as follows: | ||||
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
|
| General fund | 70,617 | (74,562) | (3,945) | |
| TOTAL FUNDS | 70,617 | (74,562) | (3,945) | |
| Comparatives for movement in funds | ||||
| Unrestricted funds | At 1.11.21 £ |
Net movement in funds £ |
At 31.10.22 £ |
|
| General fund | 12,232 | 52 | 12,284 | |
| TOTAL FUNDS | 12,232 | 52 | 12,284 | |
Page 10
continued...
Johane Masowe-Chishanu Apostles (1931)
Notes to the Financial Statements - continued for the Year Ended 31 October 2023
6. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | Movement | |
|---|---|---|---|---|
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 13,301 | (13,249) | 52 | |
| TOTAL FUNDS | 13,301 | (13,249) | 52 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Net At movement At 1.11.21 in funds 31.10.23 £ £ £ 12,232 (3,893) 8,339 12,232 (3,893) 8,339 |
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds | Incoming Resources resources expended £ £ |
Movement in funds £ |
|---|---|---|
| General fund | 83,918 (87,811) |
(3,893) |
| TOTAL FUNDS | 83,918 (87,811) |
(3,893) |
Page 11
continued...
Johane Masowe-Chishanu Apostles (1931)
Notes to the Financial Statements - continued for the Year Ended 31 October 2023
7. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 October 2023.
Page 12
Johane Masowe-Chishanu Apostles (1931)
Detailed Statement of Financial Activities for the Year Ended 31 October 2023
| Detailed Statement of Financial Activities for the Year Ended 31 October 2023 |
||
|---|---|---|
| 31.10.23 | 31.10.22 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 70,617 | 13,301 |
| Total incoming resources | 70,617 | 13,301 |
| EXPENDITURE | ||
| Support costs | ||
| Management | ||
| Insurance | 304 | 294 |
| Finance | ||
| Rent, rates and water | 1,954 | 1,833 |
| Bank charges | 39 | 36 |
| Accountancy and legal fees | 2,100 | 1,350 |
| Meetings | 9,265 | 3,617 |
| Mission costs | 5,455 | 5,300 |
| Travel and subsistence | 55,445 | 819 |
| 74,258 | 12,955 | |
| Total resources expended | 74,562 | 13,249 |
| Net (expenditure)/income | (3,945) | 52 |
This page does not form part of the statutory financial statements
Page 13
Johane Masowe-Chishanu Apostles Accounts 2023
Final Audit Report 2024-09-09 Created: 2024-09-09 By: Muhammad Shabbir ASLAM (shabbir@msaaccountancy.com) Status: Signed Transaction ID: CBJCHBCAABAAMXZ3DxmOpdcm4sNf0qzXmXWTFPgvBmuS
"Johane Masowe-Chishanu Apostles Accounts 2023" History
Document created by Muhammad Shabbir ASLAM (shabbir@msaaccountancy.com) 2024-09-09 - 3:14:33 PM GMT
- Document emailed to Olta Zimuto (olta.zimuto@jmca-1931.org) for signature 2024-09-09 - 3:14:36 PM GMT
Email viewed by Olta Zimuto (olta.zimuto@jmca-1931.org) 2024-09-09 - 3:18:17 PM GMT
- Signer Olta Zimuto (olta.zimuto@jmca-1931.org) entered name at signing as Olta Zimuto 2024-09-09 - 3:18:53 PM GMT
Document e-signed by Olta Zimuto (olta.zimuto@jmca-1931.org) Signature Date: 2024-09-09 - 3:18:55 PM GMT - Time Source: server
Agreement completed.
- 2024-09-09 - 3:18:55 PM GMT