## **HALIFAX BIBLE BELIEVERS FELLOWSHIP** ## **2022 – 2023** ## **ANNUAL REPORT** And this gospel of the kingdom shall be preached in all the world for a witness unto all nations; and then shall the end come. (Matthew 24 v 14) **HALIFAX BIBLE BELIEVERS FELLOWSHIP** **2022-23 ANNUAL REPORT** ## **Halifax Bible Believers Fellowship** (A Charitable Incorporated Organisation) **Annual Report and Financial Statements For the Year Ended 30 June 2023** **Charity Number: 1152719** 2 **HALIFAX BIBLE BELIEVERS FELLOWSHIP** **2022-23 ANNUAL REPORT** ## **TABLE OF CONTENTS** ||**TABLE OF CONTENTS**|| |---|---|---| |1.|

Legal and Administrative Information
|4| |2.|
Report of the Board of Trustees|5| |3.
|Independent Examiner’s Report|8| |
4.
|Statement of Financial Activities|9| |
5.
|Balance Sheet|10| |
6.
|Notes to the Financial Statements|12| 3 **HALIFAX BIBLE BELIEVERS FELLOWSHIP** **2022-23 ANNUAL REPORT** |**Charity Name:**

|Halifax Bible Believers Fellowship| |---|---| |
**Charity Registration Number:**|1152719| |
**Registered / Operating Office:**|Halifax Bible Believers Tabernacle| ||Stead Street| ||Halifax| ||West Yorkshire| ||HX1 5AN| |
**Pastor/Chief Executive Officer:**
|Mr R M Tizora| |
**Board of Trustees:**|Mr R M Tizora| ||Mr S G Murape| |
|Mr M F Zava| ||Mr M Taruvinga| ||Mr J Kinanvuidi| ||Mr E M Tizora| |
|Mr T K Bero| |
**Accountants:**|Gary Harris & Co Chartered Accountants| ||Brulimar House, Jubilee Road,| ||Middleton,| ||Manchester,| ||M24 2LX| |**Bankers:**
|Barclays Bank plc| ||39/47 Commercial Street| ||Halifax| ||West Yorkshire| ||HX1 1BG| 4 **HALIFAX BIBLE BELIEVERS FELLOWSHIP 2022-23 ANNUAL REPORT** ## **REPORT OF THE BOARD OF TRUSTEES** ## **Introduction** The Board of Trustees of Halifax Bible Believers Fellowship CIO are delighted to present its Annual Report and Financial Statements for the year ended 30 June 2023. The Board has adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting for Charities” issued in 2005 in preparing the annual report and financial statements for the charity. Halifax Bible Believers Fellowship (HBBF) became a registered Charitable Incorporated Organisation (CIO) with registered number 1152719 on the 4[th] of July 2013. ## **Aims and Objectives** The CIO’s purposes and core objectives, as set out in the objects contained in the constitution and articles of association, are to: - To advance the Christian faith for the benefit of the members and the public in accordance with the Bible. - The advancement of the Gospel of Christ through preaching, teaching, listening of messages, broadcasting and evangelical outreaches. - To advance the Christian religion in the United Kingdom for the benefit of the members and public through the holding of prayer meetings, sermons, Sunday School, conventions and distribution of literature to enlighten others about Christianity. - Promoting social integration, religious tolerance, peace, love and harmony within the community. We review our aims, objectives and achievements each year. This review looks at what we achieved and the outcomes of our work in the previous year. The review looks at the success of our main activities and the benefits they have brought to our members and the community. The review also helps us ensure our aim, objectives and activities remain aligned to our stated purposes. We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, we consider how our planned activities will contribute to our aims and objectives. ## **Financial review** Our work is dependent on the dedication, commitment and generosity of our members, who are our principal donors. In the financial year ended 30 June 2021, we received £331,422 of voluntary income, primarily from our members. We also received £43,090 through other income such as grants, rebates and gift aid. A total of £26,346 of our funds went towards charitable activities, £201,376 was expended on support costs and £14,671 went towards governance costs throughout the financial year. 5 **HALIFAX BIBLE BELIEVERS FELLOWSHIP** **2022-23 ANNUAL REPORT** Throughout the year, we hosted several events including Easter meetings, August convention, as well as other activities such as weddings, birthday parties and baptismal services. We would like to give our soon coming Lord Jesus Christ, all the glory and honour for helping us to host successful events. We also had the privilege of enjoying the ministration of the Word from several visiting ministers from all over the world, who were a tremendous blessing. We would like to express our sincere gratitude to all the members of HBBF for their commitment and continuous support through attendance, financial support and active participation in all the services, activities and events. We would also want to mention our special thanks to the Pastor, the ministers, the deacons, the elders, the trustees, the song leaders, the musicians and all the members who tirelessly worked and devoted their all - financially, materially and physically to contribute to the work at the tabernacle. May the Lord richly bless you for all your efforts and sacrifices, which we are certain will be rewarded both in this world and in the world to come. We sincerely believe those who attend our services and events benefit spiritually, emotionally and physically, which also in turn leads to better life outcomes, health and wellbeing in this world, and most important, eternal life beyond the curtain of time. Through our sermons, Sunday school, fellowships and counselling services we have impacted numerous souls for the glory of God. ## **Structure, governance and management** ## _Governing Document_ The organisation is a charitable incorporated organisation, registered on the 4th of July 2013, with registered number 1152719. ## _Appointment of the Board of Trustees_ The trustees are elected to serve for a period of one year after which they must be re-elected at the next Annual General Meeting. All the trustees, being eligible, offer themselves for reelection at the next Annual General Meeting in early 2024. The Pastor/CEO is an executive trustee, who is not elected but a permanent member of the Board of Trustees. All member of the Trustee Board, apart from the Pastor/CEO give their time voluntarily and received no benefits from the CIO. The Pastor, who is also the Chair of the Board of Trustees, is employed by the CIO, and also plays the role of the Chief Executive Officer (CEO). The CEO is responsible for ensuring that the CIO delivers the services specified and that key performance indicators are met and also has the responsibility for the day-to-day operational management of the charity, its staff, members and other related responsibilities. ## **Risk Management** 6 **HALIFAX BIBLE BELIEVERS FELLOWSHIP** **2022-23 ANNUAL REPORT** The Trustee Board has conducted a review of the major risks to which the CIO is exposed. A risk register has been established and is updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the CIO faces. Significant risks relating to meeting its day-to-day obligations due to funding constraints exist, and the Trustee Board is looking at ways of cutting costs. Internal control risks are minimised by the implementation of procedures for authorisation of all financial transactions and key projects and costs. Procedures are in place to ensure compliance with health and safety of members and visitors to the church premises. ## **Accountants and Auditors** The Trustee Board has elected Gary Harris & Co Chartered Accountants as the CIO’s Accountants and Independent Examiners. Due to our Income levels rising beyond the £25,000 threshold, we are required to appoint Auditors or independent examiners under the Charity Commission guidelines. Gary Harris & Co Chartered Accountants have completed their independent examination of these accounts and their report is incorporated in this Annual Report. ## **Trustees’ responsibilities for the financial statements** The Trustees are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with the United Kingdom’s Generally Accepted Accounting Practices and Charities Act, 2011. The Charities Commission and the applicable laws require the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the CIO and of the incoming resources and application of resources of the CIO for that period. In preparing the financial statements, the Trustees are required to: - select suitable accounting policies and apply them consistently; - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; - state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the CIO will continue in operation. ## **Plans for Future Periods** The CIO plans continuing its ongoing charitable activities outlined above in the forthcoming years subject to satisfactory funds becoming available. We are also continually working on our building to maintain it to the required standards befitting a place of worship and to improve the usage and enjoyment by all members. The Pastor and the Board of Trustees would like to express their sincere gratitude to all the members, donors, volunteers and other stakeholders for their invaluable contributions, support and commitment throughout the last financial year. 7 HALIFAX BIBLE BELIEVERS FELLOWSH 2022.23 ANNUAL REPORT INDEPENDENT EXAMINER REPORT oftrustses a￿1 exa￿￿￿r. The chariws tWStees are IhE ofthe xcounts. The tharrV5 tr￿lee3 ccfflsthr that 8￿j1¢ is Th)1 ￿quired for Ihis per￿j (under Seuw 144121 ol th6 Charibes ￿ 2011 It￿ 2011 Aclll aThJ 1I4t ilKIep￿ exarrmrnlion is raq￿red. It is my WE8FQrnitMIty ks". exwnirE ts ac£wrrt5 urthr Sxtion 145 01 Ihe 2011 A to lolkm the wocalur8s lad in the General o￿￿￿"0nS gN8n by Ihe Chty Ccxnnyssion (uThJerS￿th0Tr 14515Kbl of 2011 Act): awKI Bass of the ITrJepend￿I e￿in￿9 report My 8xamI￿t￿?n Wd8 rArri8d c#rt in ￿*dance vthh the Dir8ctior6 gNen by th8 Charity ComrThs￿. An exanWnat￿n ndL￿eS a remew of ￿ acLrunting rttcrts keF4 ty the charty a companson of accounts prewnw wth I￿ r￿d$. It alg) in¢lMJes (xx6ideraiw d any ￿uSual it￿$ (* di8¢k*ur88 the accwnts. 4TH1 %&ing eWanation5 from you as ITUStees cOr￿ernIry wy swh matters. Tr p￿CedUreS undertaken do not wcNid8 al the ewdenr* Ihat W￿￿Id b& r*]uired in an •Ait. and conwL*nUy rK) oFIn￿ gNen to wtr%therthe acLxyJts pre%nt a kn WMI tw"rvie*/ and the repKJrt M Iwrthd lo IIK)8e rnatler5 Set out in thè slat6m8nts bftk￿. Inde￿ndent exami￿8 stalement kn *ilh my exami￿.￿. no rnattor has come lo ry atterlw. 111 oiwe8 m re85(mabl8 cause ty) that. in any Malen￿ rnSFe¢( rwlr￿￿nts tl k8ep a¢counb"rKJ rec¢yd$ in *ilh Se￿￿ 130 ofthe ￿11 kc" pr8par8 acmints whith xcord wrilh Ihe rer￿ and to cunply with the xcountirvJ rv4uirements ol Ihe 2011 Act Ha￿ not rt. or 121 To in rry 0￿rI￿. att8nl*Jn be in crdBr b en*>le a Frcper wbJerstar**n9 ofthe acc4Mts to rexhed. GAHarris&CoLld charter￿ A¢countants & Brulimar H￿50 JU￿"1ee Road Manchegter M24 LX D*e." (￿.022024 **HALIFAX BIBLE BELIEVERS FELLOWSHIP 2022-23 ANNUAL REPORT** ||||||||||**Halifax Bible Believers Fellowship**|||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||||| ||||||||||**Statement Of Financial Activities**|||||| ||||||||||**For the year ended 30th June 2023**|||||| |||||||||||||||| ||||||||||||2023|||| ||||||||||_Notes_||Unrestricted|||| ||||||||||||Funds|||| ||||||||||||£|||| |||||||||||||||| ||||**INCOMING RESOURCES**|||||||||||| |||||||||||||||| ||||**Incoming resources from generated funds**|||||||||||| ||||Voluntary income
_2_||||||||307,849|||| ||||**Gift Aid**||||||||48,128|||| |||||||||||||||| |||||||||||||||| ||||**Total incoming resources**||||||||355,977|||| |||||||||||||||| |||||||||||||||| ||||**RESOURCES EXPENDED**|||||||||||| |||||||||||||||| ||||**Charitable activities**
_3_|||||||||||| ||||Other charitable activities||||||||26,346|||| ||||Support cost
_4_||||||||201,443|||| ||||Governance costs
_5_||||||||1,853|||| |||||||||||||||| ||||**Total resources expensed**||||||||229,642|||| |||||||||||||||| |||||||||||||||| ||||**NET INCOMING RESOURCES**||||||||126,335|||| |||||||||||||||| ||||Interest payable||||||||(15,326)|||| |||||||||||||||| ||||**NET INCOME FOR THE YEAR**||||||||111,009|||| |||||||||||||||| |||||||||||||||| ||||**CONTINUING OPERATIONS**|||||||||||| ||||All incoming resources and resources expended arise from continuing activities.|||||||||||| 9 **HALIFAX BIBLE BELIEVERS FELLOWSHIP 2022-23 ANNUAL REPORT** ## **Halifax Bible Believers Fellowship** ||||||||||**Balance sheet**|**Balance sheet**||||||2022
Unrestricted
funds
£
495,067
3,012
26,305
(25,778)|2022
Unrestricted
funds
£
495,067
3,012
26,305
(25,778)| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||**For the year ended 30th June 2023**||||||||||| |||||||||||||||2023
Unrestricted
funds
£
516,395
2,360
44,133
24,555
(30,514)|||| ||||||||||||||||||| |||||||||||_Notes_|||||||| ||||||||||||||||||| ||||||||||||||||||| ||||||||||||||||||| ||||**FIXED ASSETS**||||||||||||||| ||||Tangible assets|||||||_7_|||||||| ||||||||||||||||||| ||||**CURRENT ASSETS**||||||||||||||| ||||Cash at bank||||||||||||||| ||||Debtors (Member Loans)||||||||||||||| ||||Other Debtors (HMRC)|||||||_10_|||||||| ||||||||||||||||||| ||||**CREDITORS**||||||||||||||| |||||||||||_8_|||||||| ||||||||||||||||||| ||||**NET CURRENT ASSETS**|||||||||||40,534||3,539|| ||||||||||||||||||| |||||||||||||||556,929||498,606|| ||||**TOTAL ASSETS LESS CURRENT LIABILITIES**||||||||||||||| ||||||||||||||||||| ||||**CREDITORS**||||||||||||||| ||||||||||||||||||| ||||Amounts falling due after one year|||||||||||(219,585)||(272,271)|| ||||||||||||||||||| ||||||||||||||||||| ||||||||||||||||||| ||||**NET ASSETS**|||||||||||337,344||226,335|| ||||||||||||||||||| ||||**FUNDS**||||||||||||||| ||||||||||||||||||| ||||Unrestricted funds|||||||_9_||||337,344||226,335|| ||||||||||||||||||| ||||||||||||||||||| ||||**TOTAL FUNDS**|||||||||||337,344||226,335|| ||||||||||||||||||| The financial statements were approved by the Board of Trustees on 05/02/2024 and were signed on its behalf by: 10 **HALIFAX BIBLE BELIEVERS FELLOWSHIP 2022-23 ANNUAL REPORT** |_R M Tizora_|_S G Murape_|_T Bero_| |---|---|---| |……………….|……………….|……………….| |R M Tizora|S G Murape|T Bero| |_Pastor/CEO_|_Trustee_|_Trustee_| ## ON BEHALF OF THE BOARD 11 **HALIFAX BIBLE BELIEVERS FELLOWSHIP 2022-23 ANNUAL REPORT** ## **Halifax Bible Believers Fellowship** ## **Detailed Statement of Financial Activities For the year ended 30th June 2023** |||||||||**2023**| |---|---|---|---|---|---|---|---|---| |||||||||| |||||||||| |||||||||| |||||||||307,849| ||**Gift Aid**|||||||48,128| |||||||||| ||**Total incoming resources**
**RESOURCES EXPENDED**
**Charitable activities**
Honorarium
Evangelism & Missionary
**Governance costs**
Accountancy
Bank charges
**Support costs**
Pastoral Allowance
Employment Costs
Pensions
Premises costs
Equipment Hire
Subscriptions
Insurance
Repairs
Depreciation
Phone
Motor & travel expenses
Storage
Sundry Expenses|||||||**355, 977**| |||||||||| |||||||||| |||||||||| |||||||||| ||Honorarium|||||||4,308| |||||||||22,038| |||||||||**26,346**| |||||||||| |||||||||| |||||||||1,853| |||||||||67| |||||||||**1,920**| |||||||||| |||||||||| |||||||||23,054| |||||||||29,579| ||Pensions|||||||320| |||||||||18,454| |||||||||905| |||||||||622| ||Insurance
Repairs|||||||6,001| |||||||||5,088| |||||||||19,213| ||Phone|||||||752| |||||||||93,461| ||Storage|||||||2,802| |||||||||1,125| |||||||||**201,376**| ||Interest payable|||||||15,326| |||||||||| ||**Total resources expended**|||||||**244,968**| |||||||||| ||**Net income**|||||||111,009| 12 **HALIFAX BIBLE BELIEVERS FELLOWSHIP 2022-23 ANNUAL REPORT** **Halifax Bible Believers Fellowship** **Notes to the Financial Statements For the year ended 30th June 2023** ## **1. ACCOUNTING POLICIES** ## **Accounting convention** The finanacial statements have been prepared under the historical cost convention and in accordance 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 16 July 2014 and with the Charities Act 2011 ## **Financial reporting standard 1** Exemption has been taken from preparing a cash flow statement on the grounds that the charity qualifies as a small charity. ## **Incoming resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **Resources expended** Expenditure is accounted for on an accruals basis and has been classified under the headings that aggregate all costs 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. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings Motor vehicles - 20% reducing balance - 20% reducing balance ## **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. Restriction arises 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 13 **HALIFAX BIBLE BELIEVERS FELLOWSHIP** **2022-23 ANNUAL REPORT** statements. |**2.**
**VOLUNTARY INCOME**|| |---|---| ||2023| ||£| ||| |Tithes & offerings|307,849| |Gift Aid|48,128| ||355,977| |**3.**
**CHARITABLE ACTIVITIES COSTS**||||| |---|---|---|---|---| ||Direct|Governance|
Support|Total| ||costs|Costs|
costs|costs| ||||(see
note 5)|| ||2023|2023|2023|2023| ||£|£|£|£| |Other charitable activities|26,346|-|-|26,346| |Support cost|-|-|201,443|201,443| |Governance cost|-|1,853|-|1,853| ||26,346|1,853|201,443|229,642| 14 **HALIFAX BIBLE BELIEVERS FELLOWSHIP** **2022-23 ANNUAL REPORT** ## **4. SUPPORT COSTS** Support cost Management Finance Totals £ £ £ - 201,376 201,376 201,376 - 201,376 ## **5. GOVERNANCE COSTS** Accountancy fees 2023 £ 1,853 1,853 ## **6. TRUSTEES EXPENSES** There were no Trustees' expenses paid for the year 30th June 2023 **7. TANGIBLE FIXED ASSETS** |**COST**
At 1st July 2022
Additions
Disposals
At 30th June 2023
**DEPRECIATION**
At 1st July 2022
Depn sold asset
Charge for the year
At 30th June 2023
**NET BOOK VALUE**
At 30th June 2023
At 1st July 2022|Land &
Fixtures &
Motor
Total
buildings
fittings
Vehicles
£
£
_£_
406,504 88,563
495,067
29,465
11,076
-
40,541
-
-
-
-| |---|---| ||435,969 99,639
-
535,608| ||-
-
-
-
-
-
-
-
19,213
-
19,213| ||-
19,213
-
19,213| ||435,969 80,426
-
516,395| ||406,50488,563
-
495,067| 15 **HALIFAX BIBLE BELIEVERS FELLOWSHIP** **2022-23 ANNUAL REPORT** ## **CREDITORS: AMOUNTS FALLING DUE WITHIN ONE 8. YEAR** |HMRC PAYE
Members Loan
Other creditors|HMRC PAYE
Members Loan
Other creditors|||**2023**
£
1,569
26,574
2,371
30,514| |---|---|---|---|---| |||||| |||||| |**9**
**MOVEMENT IN FUNDS**||||| |||As at|Net
movement|As at| |||01/07/2022|in funds|30/06/2023| |||£|£|£| |||||| |**Unrestricted funds**||||| |General fund||226,335|111,009|337,344| |||||| |**TOTAL FUNDS**||226,335|111,009|337,344| |||||| |||||| |Net movement in funds, included in the above are as follows:||||| |||||| |||Incoming|Resources|Movement| |||resources|expended|in funds| |||£|
£|£| |||||| |**Unrestricted funds**||||| |General fund||355,977|244,968|111,009| |||||| |**TOTAL FUNDS**||355,977|244,968|111,009| |||||| |||||| |**10**
**GIFT AID**||||| ||£|||| |Jun-23|24,555|||| |||||| |||||| ||24,555|||| 16 **HALIFAX BIBLE BELIEVERS FELLOWSHIP 2022-23 ANNUAL REPORT** Approved by the Board of Trustees and signed on its behalf by: _R M Tizora S G Murape T K Bero_ ………………. ………………. ………………. R M Tizora S G Murape T K Bero _Pastor/CEO Trustee Trustee_ 17