REGISTERED COMPANY NUMBER: 04894116 (England and Wales) REGISTERED CHARITY NUMBER: 1153240
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
FOR
FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
E Dessai & Co Limited Chartered Accountants Congress House Office 10 4th Floor, 14 Lyon Road Harrow Middlesex HA1 2EN
FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Report of the Independent Auditors | 3 | to | 5 |
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | to | 8 |
| Cash Flow Statement | 9 | ||
| Notes to the Cash Flow Statement | 10 | ||
| Notes to the Financial Statements | 11 | to | 15 |
| Detailed Statement of Financial Activities | 16 | to | 17 |
FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
STRATEGIC REPORT
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
04894116 (England and Wales)
Registered Charity number
1153240
Registered office
58 Hainge Road Tividale Oldbury Wesst Midlands B69 2PD
Trustees
R C BEVAN M MARIMBA J D K SAMASUWO Rev M Nyambo Dr E Guti Dr E H Guti
Company Secretary
Auditors
E Dessai & Co Limited Chartered Accountants Congress House Office 10 4th Floor, 14 Lyon Road Harrow Middlesex HA1 2EN
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of FORWARD IN FAITH CHURCH INTERNATIONAL IN for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
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there is no relevant audit information of which the charitable company's auditors are unaware; and
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the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website.
AUDITORS
The auditors, E Dessai & Co Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on ............................................. and signed on the board's behalf by:
........................................................................ R C BEVAN - Trustee
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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF FORWARD IN FAITH CHURCH INTERNATIONAL IN
Opinion
We have audited the financial statements of FORWARD IN FAITH CHURCH INTERNATIONAL IN (the 'charitable company') for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
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give a true and fair view of the state of the charitable company's affairs as at 31 March 2022 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:
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the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
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the charitable company has not kept adequate accounting records; or
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the financial statements are not in agreement with the accounting records and returns; or
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we have not received all the information and explanations we require for our audit.
Page 3
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF FORWARD IN FAITH CHURCH INTERNATIONAL IN
Responsibilities of trustees
As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
Our responsibilities for the audit of the financial statements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
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Enquiry of management and those charged with governance around actual and potential litigation and claims;
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Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transaction outside the normal course of business and reviewing accounting estimates for bias;
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Reviewing minute of meetings of those charged with governance;
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Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more the compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves international concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
Page 4
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF FORWARD IN FAITH CHURCH INTERNATIONAL IN
Use of our report
This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed.
E Dessai & Co Limited Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 Chartered Accountants Congress House Office 10 4th Floor, 14 Lyon Road Harrow Middlesex HA1 2EN
Date: .............................................
Note:
The maintenance and integrity of the FORWARD IN FAITH CHURCH INTERNATIONAL IN website is the responsibility of the trustees; the work carried out by the auditors does not involve consideration of these matters and, accordingly, the auditors accept no responsibility for any changes that may have occurred to the financial statements since they were initially presented on the website.
Page 5
FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Investment income 3 Other income Total EXPENDITURE ON Charitable activities 4 Pastors Support Chruch Support Mission Support Governance cost Other Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2022 Unrestricted funds £ 3,309,644 792 3,893,912 7,204,348 1,291,194 57,459 582,587 362,779 17,741 2,311,760 4,892,588 - 4,892,588 |
2021 Total funds £ - - - |
|---|---|---|
| - | ||
| - - - - - |
||
| - | ||
| - - |
||
| - |
The notes form part of these financial statements
Page 6
FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
BALANCE SHEET 31 MARCH 2022
| Notes FIXED ASSETS Tangible assets 10 CURRENT ASSETS Debtors 11 Cash at bank and in hand CREDITORS Amounts falling due within one year 12 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 14 Unrestricted funds TOTAL FUNDS |
2022 Unrestricted funds £ 783,039 38,171 4,096,399 4,134,570 (25,021) 4,109,549 4,892,588 4,892,588 4,892,588 4,892,588 |
2021 Total funds £ - - - |
|---|---|---|
| - - |
||
| - | ||
| - | ||
| - | ||
| - | ||
| - |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
The notes form part of these financial statements
continued...
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FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
BALANCE SHEET - continued 31 MARCH 2022
.............................................
R C BEVAN - Trustee
............................................. J D K SAMASUWO - Trustee
The notes form part of these financial statements
Page 8
FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2022
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Gift from unincorporated charity Interest received Net cash (used in)/provided by investing activities Cash flows from financing activities Credit cards Net cash provided by financing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2022 £ 4,895,589 4,895,589 (732,755) (68,025) 792 (799,988) 798 798 4,096,399 - 4,096,399 |
2021 £ - |
|---|---|---|
| - | ||
| - - - |
||
| - | ||
| - | ||
| - | ||
| - - |
||
| - |
The notes form part of these financial statements
Page 9
FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2022
| 1. | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES |
|---|---|---|---|---|
| 2022 | 2021 | |||
| £ | £ | |||
| Net income for the reporting period (as per the Statement of Financial | ||||
| Activities) | 4,892,588 | - | ||
| Adjustments for: | ||||
| Depreciation charges | 17,741 | - | ||
| Interest received | (792) | - | ||
| Increase in debtors | (38,171) | - | ||
| Increase in creditors | 24,223 | - | ||
| Net cash provided by operations | 4,895,589 | - | ||
| 2. | ANALYSIS OF CHANGES IN NET FUNDS | |||
| At 1.4.21 | Cash flow | At 31.3.22 | ||
| £ | £ | £ | ||
| Net cash | ||||
| Cash at bank and in hand | - | 4,096,399 | 4,096,399 | |
| - | 4,096,399 | 4,096,399 | ||
| Debt | ||||
| Debts falling due within 1 year | - | (798) | (798) | |
| - | (798) | (798) | ||
| Total | - | 4,095,601 | 4,095,601 |
The notes form part of these financial statements
Page 10
FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Musical Instrument - 25% on reducing balance Furniture & Fittings - 25% on reducing balance Office equipment - 25% on reducing balance
Taxation
The charity is exempt from corporation 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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
2. DONATIONS AND LEGACIES
| Donations Free will offering Tithes Ministers Tithes 3. INVESTMENT INCOME Deposit account interest 4. CHARITABLE ACTIVITIES COSTS Pastors Support Chruch Support Mission Support Governance cost 5. SUPPORT COSTS Governance cost 6. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Audit fee Depreciation - owned assets Hire of plant and machinery |
Direct Costs £ 1,291,194 57,459 582,587 - 1,931,240 Finance £ 5,135 |
2022 £ 1,365,525 127,141 1,728,409 88,569 3,309,644 2022 £ 792 Support costs (see note 5) £ - - - 362,779 362,779 Governance costs £ 357,644 2022 £ 22,200 17,741 1,108 |
2021 £ - - - - |
2021 £ - - - - |
|---|---|---|---|---|
| - | ||||
| 2021 £ - Totals £ 1,291,194 57,459 582,587 362,779 |
||||
| 2,294,019 | ||||
| Totals £ 362,779 |
||||
| 2021 £ - - - |
continued...
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FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
8. STAFF COSTS
| Wages and salaries Other pension costs The average monthly number of employees during the year was as follows: Charitable Activity Governance No employees received emoluments in excess of £60,000. |
2022 £ 1,094,545 12,128 1,106,673 2022 46 12 58 |
2021 £ - - |
|
|---|---|---|---|
| - | |||
| 2021 - - - |
9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Total funds £
NET INCOME
TOTAL FUNDS CARRIED FORWARD
continued...
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FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
10. TANGIBLE FIXED ASSETS
| Freehold Musical Furniture property Instrument & Fittings £ £ £ COST Additions 729,817 1,299 1,639 Transfer to ownership - 16,274 42,072 At 31 March 2022 729,817 17,573 43,711 DEPRECIATION Charge for year - 4,393 10,928 NET BOOK VALUE At 31 March 2022 729,817 13,180 32,783 At 31 March 2021 - - - DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Staff Advance Rent Deposit CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Bank loans and overdrafts (see note 13) Social security and other taxes Mission Control account Pension payable Accrued expenses |
Office equipment £ - 9,679 9,679 2,420 7,259 - 2022 £ 16,245 21,926 38,171 2022 £ 798 133 1,268 3,022 19,800 25,021 |
Totals £ 732,755 68,025 |
Totals £ 732,755 68,025 |
|---|---|---|---|
| 800,780 | |||
| 17,741 | |||
| 783,039 | |||
| - | |||
| 2021 £ - - |
|||
| - | |||
| 2021 £ - - - - - |
|||
| - |
11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
13. LOANS
An analysis of the maturity of loans is given below:
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Amounts falling due within one year on demand: | |||
| Barclays Credit Card | 798 | - |
continued...
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FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
14. MOVEMENT IN FUNDS
| Unrestricted funds Income from Tithes, Freewill Offering and Talent TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds Income from Tithes, Freewill Offering and Talent TOTAL FUNDS |
At 1.4.21 £ - - Incoming resources £ 7,204,348 7,204,348 |
Net movement in funds £ 4,892,588 4,892,588 Resources expended £ (2,311,760 ) (2,311,760 ) |
At 31.3.22 £ 4,892,588 4,892,588 Movement in funds £ 4,892,588 4,892,588 |
|---|---|---|---|
15. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
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FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations Free will offering Tithes Ministers Tithes Investment income Deposit account interest Other income JRS Grant Gift from unincorporated Total incoming resources EXPENDITURE Charitable activities Wages Pensions Hire of plant and machinery Rent,Rates and water Light and heat Advertising Motor Vehicle Expenses Leaders Training Mission Support & Donation Church & Hall Hire Conference Cost Travelling Expenses Other Depn of musical Instruments Depn of furniture & fittings Depn of office equipment |
2022 £ 1,365,525 127,141 1,728,409 88,569 3,309,644 792 56,516 3,837,396 3,893,912 7,204,348 898,139 12,128 1,108 250,753 38,957 192 5,688 6,655 582,587 27,964 22,507 84,562 1,931,240 4,393 10,928 2,420 17,741 |
2021 £ - - - - |
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This page does not form part of the statutory financial statements
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FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| Support costs Finance Bank charges Governance costs Wages Auditors' remuneration Office Rent,Rates and water Insurance Telephone Postage and stationery Sundries Legal fees Business Lunch & Drinks Staff welfares Repair and renewals Mission Transfer Fee Professional fees Legal Fees Computer expenses Cleaning & Hygiene Total resources expended Net income |
2022 £ 5,135 196,406 22,200 29,079 18,505 14,930 4,006 502 3,751 2,400 4,297 14,407 7 1,265 5,239 9,210 31,440 357,644 2,311,760 4,892,588 |
2021 £ - - - - - - - - - - - - - - - - - |
|---|---|---|
| - | ||
| - | ||
| - |
This page does not form part of the statutory financial statements
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- FOrd in NATIONAL REPORT 2022 'MOULDING A TRUE DISCIPLE WITH A GOOD HEART" (MATTHEW 29.11: I CORINTHIANS 11.1).
NATIONAL ADMINISTRATOR'S REPORT
Apostle Oscar & Pastor Cecilia Zezani
Introduction
It is indeed humbling to share what the God of our father has done in the nation of United Kingdom in 2022, a year that was extraordinary through the theme “Moulding a true disciple with a good heart” (Matthew 29:11; 1 Corinthians 11:1). It was all joy to receive the bond servant and Apostle of God, our father Professor Ezekiel H Guti to host the 15th Europe Leaders Deeperlife Conference in August. The nation experienced the awesomeness of God through the Apostolic visitation. Seeing him strong at 99 years was proof enough that God raised him to impact nations of the world with the true gospel of the Kingdom of God for His own glory.
PROJECTS
1.EZEKIEL GUTI CONFERENCE CENTRE
(PROJECT TALENTS)
Whilst the secondary hall remained fully functional, the God of our father gave us grace to work Centre Talents and raise £ 770,000.00, to complete the kitchen, foyer and commission the HVAC System to fully automatic mode. This will bring the centre to a level where it is hireable by external users and generate more funds towards final completion. Further to the meeting by the Building Committee with our father, we received the blessing to commence the planning for the next phase of works. We pray for knowledge, wisdom and diligence that comes from God to lead us as we progress with this project.
2.MISSIONS
The God of our father enabled us to raise £ 390, 339.02 towards the Missions Fund in the 2 months of June & July. The nation continues to encourage the importance of monthly Standing Orders, which provide a steady income that can be relied upon for monthly budgeting purposes.
3.EUROPE LEADERSHIP DEEPERLIFE
CONFERENCE
It was a unique experience, when we least expected him, for him at 99 years to host this conference and grace the nation. There was a powerful line up of guest speakers that Included Apostle Joe Guti (National Executive Chairman) & Pastor Nyasha; Apostle Dr Steve Simukai (Deputy Secretary General) & Dr La-Verne Simukai (International Women’s Director); Apostle Dr Atoria Gudyanga; Dr Dorcas Jaricha (International Missions Director) & Overseer Dr Winston Jaricha; Bishop Joseph Kativhu & Apostle David Williams from the USA.
We saw some face lifting and improvements of the National Centre and office block in preparation for the conference, to receive our father and mother together with their guests.
5.SCOTLAND CHURCH
Through the guidance and support of our father, Forward In Faith Church International Incorporated managed to acquire a church building in Scotland, to operate as a Provincial Centre.
6.NEW BELIEVERS
(CHURCH GROWTH)
We thank the God of Ezekiel in this season as we are receiving an influx of believers from abroad. All provinces and regions have put structures in place to receive and accommodate all these new members so they can acclimatise to the environment of the nation.
7.MINISTRIES
All ministries are showing great signs of growth.
There is a great revival in the Youth Ministry and greatly appreciate our father for all the encouragement and support. He appointed many youths to be Deacons during their National Big Sunday following the Europe Leaders Deeperlife.
CONCLUSION
We would like to express our sincere gratitude to our father and mother for their unwavering support and prayers which have brought the nation this far.
We continue to ask for more prayers and support from them, as the work continues to grow and for the nation to remain in the vision.
4.PROVINCIAL RESTRUCTURING
The work continues to grow and we now have 8 provinces that saw the transfers of some Overseers
-
South East England is now 2 provinces, South London and East England. Pastor Phil Austin was elevated to the post of Overseer for Scotland Province.
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Pastor Edmore Chibwana was elevated to the post of Overseer for North London Province.
The eight provinces are as follows:
Ireland & Isle of Man - Overseers Abisha & Ann Forest East England - Overseers Washington & Evelyn Mujuruki Greater Midlands - Apostle Shepherd & Overseer Talent Mayemu North London - Overseers Edmore & Kundai Chibwana North West - Overseers Big & Nelia Chakanyuka Scotland - Overseer Phillip & Norah Austin South London - Overseers Morris & Betty Gombakomba Yorkshire - Overseers Calisto & Skanyisiwe Manyati
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THE BISHOPS' DESK
BISHOPS JDK & DR. M SAMASUWO
BISHOPS DR. J & G CHIKWAWAWA
BISHOPS DR. MJ & DR. B KASESE
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BISHOPS' REPORT (UK & IRELAND)
INTRODUCTION
The nations of the United Kingdom (England, Wales, Scotland and Northern Ireland) and Republic of Ireland (including Isle of Man) have now been put into three Zones. These are:
-
Zone 1 consists of the southern part of the country, i.e. Greater London, which includes East England, South London and North London Provinces. It is presided over by Bishop Dr J Chikwawawa. Zone 2 consists of the middle part of the country, i.e. Greater Midlands and Ireland Provinces, presided over by Bishop Dr JDK Samasuwo.
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Zone 3 consists of the north, which includes Scotland, Yorkshire and North West Provinces. It is presided over by Bishop Dr MJ Kasese.
IRELAND PROVINCE
Ireland Province is led by Overseers Abisha and Anne Forest, with two Regions, Northern Ireland and Republic of Ireland.
ZONE 1
NORTH LONDON PROVINCE
North London Province is headed by Overseers Edmore Joshua & Kundai Chibwana with Three Counties, West London (Blessed) and North London (Super North) Regions.
SOUTH LONDON PROVINCE
South London Province is headed by Overseers Morris & Betty Gombakomba, with Southbank and Bumper Harvester Regions.
PROVINCIAL VISITS
The Overseers of Greater Midlands and Ireland put together a programme that allowed us to visit both Provinces, at regional and assembly level. Seven out of the eight regions in total were visited, scheduled for a month (4 weeks), in most cases For two weeks because of a few pre-arranged bookings. Both regions of Ireland Province were covered in March over three weekends, Including a Provincial Council meeting.
It was encouraging to see new leaders being encouraged to run and effectively participate in a business meeting. We were able to minister to both Regions on three Sundays of March and the saints were blessed.
We witnessed hungry saints, desirous to participate in the work and worship the God of our father. The saints from the three Assemblies in the Republic travelled long distances to Dublin, for their first physical service in three years. It was very touching, to witness how local leaders availed themselves to pick saints from public transport locations new to them, as well as both the hunger and desire of fellowship amongst the saints. There is great potential in the Republic of Ireland and the provision of a locally based Pastor will be of great benefit. Many people are coming from Africa for employment and further education, the majority of which are already members of ZAOGA-FIF.
EAST ENGLAND PROVINCE
East England Province is headed by Overseers Washington & Evelyn Mujuruki with East London/Essex and East Anglia Regions.
PROVINCIAL VISITS
While not many were carried out in the year, it is important to note that South London and East England Provinces were not yet in existence until August, formerly under one Province called South East England Province (SEEP). For various reasons the province had no substantive Overseer most of the time, and the Zonal Bishop acted as the stand in Overseer which made it difficult to carry out visits.
We were in Leicestershire Region for Easter and it was interesting to see the two Assemblies coming together for worship since end of Covid because of venue challenges. What a blessed Easter Conference it was!! In May,
In North London Province, Three Counties Region was visited on 31 st July at their Missions Regional Big Sunday and encouraged in working missions. Bedford Assembly was visited on 24th July, Cambridge Assembly on 7th August and the churches were blessed. A successful Provincial Council Meeting was attended on 16 th July in Slough.
We were in Leicestershire Region for Easter and it was interesting to see the two Assemblies coming together for worship since end of Covid because of venue challenges. What a blessed Easter Conference it was!! In May, we were in Yorkshire Province at Leeds Centre for an awesome 62nd Church Anniversary, where the celebrations included very vibrant Youth and an incredible KMD group which ultimately became central to the group that performed at the Europe Deeper Life Conference official opening.
LOOKING AHEAD
The Zone is looking ahead with great expectation and anticipation. Meetings have already started, to organise and synchronise more visits for the Zonal Bishop to go around blessing the people of God.
ZONE 2
GREATER MIDLANDS PROVINCE
Greater Midlands Province is led by Overseers Apostle Shepherd & Talent Mayemu with six Regions namely Nottingham Goshen, Leicestershire, Northampton Mega, Wales & Bristol, Birmingham and Wolverhampton.
After the great time for intercession in June the month of prayer, we witnessed the welcome of Pastors for Mega Region, where there is incredible growth, people relocating from Africa and other parts of the country.
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Leicestershire Region also welcomed their Pastors in September and we were blessed to witness their expression of love. End of September into beginning of October took us to Goshen Region, Derby & Nottingham Assemblies, where we were blessed to see that the saints were still standing strong, having gone without a Pastor for a long time. Participating in their morning glory was very encouraging, as they lifted one another in prayer before the Lord. They greatly appreciate and are pleased that they now have Pastors. We came to EGCC Local Church in October and witnessed the Overseers’ welcome.
The increase in the number of saints through many coming from abroad is encouraging many to attend church services physically, instead of remaining on Zoom. We were back to Northampton Mega end of October and saw the power of God manifesting through Praise and Worship, the Holy Spirit touching people through worship and bringing more believers in.
LOOKING AHEAD
There is an expectancy for growth in 2023 in every area throughout the Zone. Growth spiritually (maturity) and physically (numbers) will result in more people, more Assemblies and Provincial expansion. Such an increase should also lead to financial increase, as saints are blessed through the teaching of the Word of God, thus causing them to mature and become a blessing to the body of Christ.
ZONE 3
NORTH WEST PROVINCE
North West Province is led by Overseers Big & Nelia Chakanyuka, with Peniel and Naioth Regions.
YORKSHIRE PROVINCE
Yorkshire Province is led by Overseers Calisto & Skanyisiwe Manyati, with North and South Yorkshire Regions.
SCOTLAND PROVINCE
Scotland Province is led by Overseers Phil & Norah Austin with Glasgow and Success Regions.
PROVINCIAL VISITS
During the year we visited Manchester Region, Liverpool and Preston Assemblies in May. We also attended the Provincial Anniversary in Manchester and a virtual Regional Big Sunday in South Yorkshire. Finally, we had a combined service for North West and Yorkshire Provinces at the end of November.
Unfortunately, we were unable to visit Scotland physically but covered both Regions on Zoom. God willing, the plan is to go round all the Assemblies of Scotland in 2023, to familiarise ourselves and bless the saints.
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MINISTERIAL & DEPARTMENTS REPORTS Page 20
CHILD EVANGELISM MINISTRY
INTRODUCTION
The Ministry is led by National Director, Pastor Phyllis Burke, assisted by Pastor Kundai Chibwana and a National Board chaired by Elder Shepherd Shumirai. Through a great team of vibrant pastors, teachers and friends of the Ministry, the same momentum and enthusiasm continued throughout 2022 despite the challenges.
The teachers were adjusting back to physical Sunday school class teachings, combining their physical meetings with adapted online methods. It is exciting to share through this national overview report, the national and provincial events that took place as a true sign of growth.
NATIONAL OVERVIEW
The national board structure was revived at end of 2021 and we have continued to see the hand of God through interactive meetings, teachings and services. Although it wasn’t possible to hold national physical meetings, Provinces and Regions managed to have Big Sundays. We witnessed the launch of KMD with much excitement after teachers committed to regular rehearsals which subsequently led to a successful performance at Deeperlife.
NATIONAL YOUTH & YOUNG ADULTS BIG SUNDAY
Sunday 28 August was an exciting National Youth Big Sunday with the Apostle and Servant of God, Professor Ezekiel H. Guti at the Ezekiel Guti Convention Centre. 445 youth and young adults were part of the 652 members in attendance, as well as 330 gadgets on Zoom. The programme included music performances, youth speakers by age group who preached the Word with power and boldness, as well as testimonies of how Jesus Christ transformed their lives. 141 people received Jesus Christ as their personal saviour and 45 water baptised.
Our father deposited treasure into the youth leadership and taught virtues of humility and selfcontrol. The youth were empowered to choose Jesus Christ and lead the emerging generation. After blessing the church, everyone had an opportunity to greet our father Baba and we thank our leaders for organising such a high-standard event.
NATIONAL EDUCATION SYMPOSIUM
In preparation for the new academic year, two National Education Symposiums were held in September, to help students, parents/guardians understand and support their children concerning the numerous pathways and options now available in the education system. We believe that the teachings by several experienced speakers will encouraged the children to strive in their education and equip the parents/guardians to champion their success.
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NATIONAL GIRLS MINISTRY REPORT
2022 has been a year of consistent prayer, fellowship and empowerment for Girls of Quality Ministry.
By His grace we managed to meet every Wednesday 5am for weekly prayer and also be encouraged through the Word by our advisors and pastorate. This further developed the spirit of prayer and interest to meet as girls, to intercede for our mother and father, the ministry and the work at large.
Further to morning prayers, we also held weekly evening services twice a month at national and provincial levels. These were themed services, with topics ranging from business to health and spiritual empowerment.
The girls also participated in International Ministry Projects spear headed from Harare Headquarters. We raised over £2000.00 towards the cement needed for the 8000 seater, after our mother shared at an International Girls Big Sunday and encouraged “her true friends” to partner with her in the work.
As a way of wrapping our year, each of the three zones hosted a service where Overseer Aquinata De Haas, Pastor Gladys Sibiya and Pastor Cleo Mutingwa shared the Word at the respective zonal services.
We also managed to assist in the planning of the Europe Girls Service “Talitha Cumi” where Bishop Prisca Soko as the speaker encouraged us as girls to be ambitious, hard workers and vision oriented.
We continue to ask for prayers for our ministry as we seek to grow not only in numbers but in the zeal for the things of God.
UPCOMING EVENTS
National Girls Of Quality Prayer Retreat Friday 3 - Sunday 5 March 2023
National Girls Of Quality Conference Friday 27 - Sunday 29 October 2023
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NATIONAL YOUTH REPORT
INTRODUCTION
The ministry within the eight provinces of the nation through the guidance, wisdom and prayers of the Apostle & Servant of God, Archbishop Ezekiel Guti. We thank God for the shepherds He gave us, National Youth Directors, Overseers Calisto & Skhaa Manyati, who are dedicated to This great work together with the Youth Pastors at every level.
The ministry is growing as more young people are coming into the nation from abroad, with post pandemic zeal and revival evident in all events and activities. We were highly favored in 2022 as many youth and young adults were approved as Deacons by The Archbishop at the National Youth Big Sunday after Europe Leaders Deeper Life Conference.
NATIONAL EVENTS & ACTIVITIES
NATIONAL YOUTH CONFERENCE
This was held in July 2022 under the theme “Mirrored: The Reflection of Christ in Me” after using social media to build up anticipation for the Conference. It was a powerful weekend which focused on what it means to be a disciple of Jesus Christ, how God’s Word is a mirror for our lives and how we can reflect its light in our families, schools, workplaces and wider communities. We were privileged to have high profile speakers, National Administrator Apostle O. Zezani, International Youth Director Overseer C. Manyati, and Pastor T. Bvunzawabaya, supported by vibrant youth advisors and youth leaders as teachers and preachers.
NATIONAL YOUTH & YOUNG ADULTS BIG SUNDAY
PROVINCIAL UPDATES
SCOTLAND PROVINCE
The July National Youth Conference and meeting with the Servant and Apostle of God was life changing. Their huge representation allowed picking up of momentum and restarting of their weekly Youth Connect Forum, a provincial platform that discusses issues faced and affecting the faith of young people, their walk with Christ and how to help each other navigate life as young people. A barbeque fellowship in August was an opportunity to have fun, share food and be encouraged by their advisors. “We continue to do our best to meet, either virtually or in person, celebrate together (graduations, birthdays, fellowships), help fellow members in need or those joining us from other parts of the world. We are always grateful for the support that comes from our Advisors, youth Pastors and the ever-hardworking provincial youth board.”
YORKSHIRE PROVINCE
Yorkshire has a vibrant youth, working together with advisors and pastors towards strengthening the ministry and bringing more to Christ. From committed rehearsals and good time management all, the Voices of Triumph (VOT) worship team held two worship nights in April and August which were a great success and brought the youth together as one. The team displayed much determination on the days as they progressed to also hold a thanksgiving concert in Leeds in November. Whilst they achieved their goal of bringing youth of many backgrounds to worship and fellowship, the majority of their audience was also from outside the ministry.
“We could not have done this without the support and guidance of our advisors, church sponsors, Pastors Blessing and Cleo Mutingwa, and most importantly, the Holy Spirit. Through prayers and encouragement from the team and the church at large, we got the courage and zeal to do the work of God. The youth of Yorkshire are geared up and ready to be the church of today and tomorrow!”
MISSIONS
As the Youth for the Nations, we continued to stand in partnership with our father by working Missions. We were strongly represented in the National Media Team, tasked with producing flyers, promotional videos, weekly news bulletins and running the Zoom platform for Missions services. We were also blessed and privileged to lead one of the national services from start to finish. We are seeing the hand of God as the youth joined the nation in working Missions cheerfully through the crucial pillars of praying and giving.
Sunday 28 August was an exciting National Youth Big Sunday with the Apostle and Servant of God, Professor Ezekiel H. Guti at the Ezekiel Guti Convention Centre. 445 youth and young adults were part of the 652 members in attendance, as well as 330 gadgets on Zoom. The programme included music performances, youth speakers by age group who preached the Word with power and boldness, as well as testimonies of how Jesus Christ transformed their lives. 141 people received Jesus Christ as their personal saviour and 45 water baptised.
Our father deposited treasure into the youth leadership and taught virtues of humility and self- control. The youth were empowered to choose Jesus Christ and lead the emerging generation. After blessing the church, everyone had an opportunity to greet our father Baba and we thank our leaders for organising such a high-standard event.
NATIONAL EDUCATION SYMPOSIUM
In preparation for the new academic year, two National Education Symposiums were held in September, to help students, parents/guardians understand and support their children concerning the numerous pathways and options now available in the education system. We believe that the teachings by several experienced speakers will encouraged the children to strive in their education and equip the parents/guardians to champion their success.
CLOSING REMARKS
The year ended with a field trip in London by the National Director. Our achievements in 2022 were possible only through the support given by our advisors and Pastors and our parents. We appreciate this support and request for continued prayers, so that we may grow holistically and be a people that fear the Lord and are fully committed to the things of God. We very much desire to have good relationships with our parents, families, leaders and peers. We will be having our leadership strategic planning meeting on 17th December 2022 to raise momentum for 2023 and ask for your prayers. We also ask for prayers, for the success of outreach programmes to university students in all the provinces.
UPCOMING EVENTS
National Youth & Young Adults Prayer Conventions Friday 27 – Sunday 29 January 2023
National Youth & Young Adults Leadership Conference Friday 26 – Sunday 28 May 2023
National Youth &Young Adults Big Sunday)
Sunday 27 August 2023
National Youth &Young Adults Conference & Christmas Ball Friday 24 – Sunday 26 November 2023
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GO QUICKLY & TELL MINISTRY
INTRODUCTION
Through the National Board headed by Archbishop Dr Eunor as Chairperson, Mama Bishop Greater Chikwawawa her vice and Pastor Cecilia Zezani as secretary, the ministry enjoyed God’s favour throughout the year. Prayers, meetings, fellowships and seminars were held virtually by provinces and regions, then physically when grace abounded and restrictions were lifted. God has even added a great number of ladies from abroad thus increasing numbers notably. We were privileged to welcome our International Director Dr La-Verne Simukai with much joy and celebration, in one of the prayer meetings in May. She proceeded to each on corporate prayer using the book “Guidance and Example of the PrayinG Church” by our father, in context from Psalm 133. Our prayers are powerful when we pray united!
Unfortunately the national conference had to be postponed to 2023 due to dates being close to the Europe Deeper Life Conference. We are pleased to report a stable income for the ministry through women who understand the working of projects and have been generous towards supporting the work of the Ministry. This has allowed obligations to continue to be met and make the work lighter.
PRAYERS
As an intercession ministry, the ladies in provinces and regions continued to meet for prayer for the Servant & Apostles of God, Archbishops Dr Ezekiel H & Dr Eunor Guti, and for the work at large. During the year, we were highly favoured to receive powerful teachings from the International Missions Director Dr D Jaricha and Pastor Nyasha Guti standing in for our mother Dr Eunor Guti. These were well attended and will ultimately grow the ladies in the spirit of prayer.
The Mountain Movers is a powerful national platform held virtually every Saturday and goes to another level to pray for families because of challenges faced by mothers. One of the sessions hosted Mama Bishop Anna Maoko, who encouraged and renewed prayer lives through “preparing hearts when we go before God in prayer” from Psalm 66:18.
FEMALE PASTORS PRAYER
COVENANT KINGDOM TALENTS
The nation kick started with a National Prayer Retreat from 24 th to 26 th February, with powerful speakers including Mama Bishop Anna Maoko, Overseer Joylin Rusere and Overseer Isabelle Machuwaire. They taught on working Talents in the Kingdom of God with a good heart, starting and managing small businesses e.g. cleaning, Ironing, delivering food services, etc.
In March, the ladies logged into the International Covenant Kingdom Seminar, where the International Go Quickly Director Dr La-Verne Simukai was the speaker. Though held virtually, many women were uplifted and encouraged, as evidenced through many testimonies of deliverance shared in various platforms.
PLANS FOR 2023
National Women’s Conference A great harvest from Home Talents Continue reaching out and restore broken relationships in marriage and between parents and children as an aftermath of the pandemic More ladies to catch the spirit of prayer, read the Word and to thirst for the work of God
Peace and unity to reign in the church so our prayers can be answered
CONCLUSION
We thank the God of our father Archbishop Dr Ezekiel H Guti for 2022. It has been a good year with many women added from abroad. We pray that the woman in the UK will remain focused and have the mind to serve God diligently.
They were camped in Leicester from 1 st to 5 th January for prayer and fasting where God ministered to them in a mighty way. This was soon followed by a prayer retreat where Pastors Carol Guti and Caillar Mhlandhla ministered on “a good character, good heart and working Covenant Kingdom Talents”. During the June prayer conventions, they separated from the male pastors and the same topics covered through Mama Bishop Kasese and Overseer Victoria Mabwe. They ended the year in style, with fellowship in a hotel in November, sharing wisdom nuggets and gifts.
LADIES MEETINGS (CHINA)
These meetings are a success in the nation, meeting on Thursdays or Saturdays depending on working patterns, sharing wide ranging topics including developing good relations, hospitality and hosting, grooming, personal development and mental health. Professionals were invited to present in some specialised areas.
All over the nation, the provinces organised various social events including High Teas, dinners out and spas, getaway holiday excursions and Christmas parties etc. These were opportunities to uplift and encourage each other in the presence of the Lord, and to also get away from busy and pressured lifestyles. One such exceptional event was when ladies flew to Ireland, calling themselves Millionaires on the Mission”, had spas in the hotel and fellowshipped on a yacht.
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UK-MFCC REPORT
A. EXECUTIVE SUMMARY
C. LEADERSHIP STRUCTURE
NATIONAL SCHOOL COUNCIL
INTRODUCTION
We would like to thank the God of our father Archbishop Professor Ezekiel H. Guti for enablement to achieve all we did in 2022. We have continued to build on improving the quality of services offered by the Bible School and are sharing some of the highlights so far.
TEACHING TRAINING
TEACHING STAFF
On 10th December we had a Teacher Training session online, covering the following topics:
- Online Presentations skills. (Elder P.Sithole) Familiarisation with UKMFCC Google site. (Elder R. Bevan) Effective Teaching skills 1: (Elder Dr S. Moyo) Effective Teaching skills 2: (Rev Dr D. Simango)
STUDENTS BY PROVINCES (CURRENTLY ALL CLASSES ARE ONLINE)
- What is UK-MFCC: (Rev T Bvunzawabaya - School Director)
FUTURE PLANS
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End of course examination for 2023 graduating class scheduled for 28th January 2023 2023 Class Launch scheduled for February 2023.
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We would like to see the school develop, to have facilities that offer services like other colleges in this nation.
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For UK-MFCC to become more relevant to the ministry by offering training services for provinces, regions and assemblies. Teacher training sessions in 2023. School site improvements Graduation 2023.
CHALLENGES & PRAYER REQUESTS
We ask for prayers for the school to continue producing graduates that will make a difference in their communities and win souls for the Lord; that the school enrolment may grow even bigger and our current leaders to realise the need to attend the school.
D. FINANCES
UK-MFCC activities are completely funded from student fees.
Registration Fee £50.00 Course Fees £320.00 Total Course Fees £370.00
B. STATISTICAL SUMMARY
CURRICULUM
The school syllabus has been revised from 31 to 20 modules as guided by International Headquarters.
UKMFCC CURRICULUM (1ST & 2ND YEAR MODULES)
1st 1.Talking with God 6.Deliverance 2.Bible Synthesis l, ll, lll 7.Character Of God 3.Pneumatology 8.Counselling 4.Soteriology 9.Effective Preaching (Homiletics) 5.Doctrinal Foundations 10.Rules & Policy (Intro to Laws of Leadership
E. CONCLUSION
CONCLUSION
We would like to thank God for our father and Chancellor, Professor Dr Ezekiel H. Guti for heeding the call of God to establish the parent Bible School and the Part Time schools. We are seeing growth in the number and quality of students coming out of the school. We thank God that some are progressing into full time ministry and find this to be very encouraging.
UKMFCC CURRICULUM (1ST & 2ND YEAR MODULES)
2nd
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Life and Teachings of Christ
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Kingdom of God
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Child Evangelism 14. Church History
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Electives 1.Marriage & Family 2.Principles of Faith 3.Principles of Giving 4.Tabernacle 5.Missions 6.Book of Romans
We also want to thank God for our UK Board of Bishops, Apostles, National Administrator, Overseers, Pastors, Elders and Deacons for the tremendous support they give to the school.
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EZEKIEL GUTI CONFERENCE CENTRE (EGCC) - PROJECT REPORT
OPENING REMARKS
This report relates to the construction of Ezekiel Guti Conference Centre Project Birmingham. We would like to take the opportunity to thank the God of our father Professor Ezekiel H Guti for giving us the funds through working of National Centre Talents, to progress the project to the next stage where we will be able to hire out and generate more income to allow full completion. Further to a detailed briefing meeting with our father in August, he gave us the blessing that allowed us to commence the planning for the next phase of the works.
CLOSING REMARKS
We thank the God of our father for the progress made this far. We request that you continue to pray for us to work on this project with diligence, wisdom and knowledge that comes from God and that He may continue to lead us. We request prayers so that we find favour with our contractors, so we can procure the works favourably and for our funds to be adequate for the intended purpose.
THE WORKS
The works to be carried out in this phase will include :
the Heating, Ventilation & Air Conditioning (HVAC) System the kitchen the foyer
WORKS PROGRESS
1) We appointed Phil Carpenter and his company to be the Principal Contractor and Project Manager.
2) We placed order for Building Management System (BMS) to control the HVAC so
that it can be fully commissioned to operate automatically. This kit has a long lead in time hence placing the order early.
3) We drafted addendums for contracts with our Designers. These have slowed down because the original contracts were with Forward In Faith Ministries (unincorporated). Now that we are incorporated, we need to adjust the obligations in the contracts to Forward In Faith Church International Incorporated which needs solicitor involvement.
4) We have developed a draft construction programme which is still being interrogated to ensure it is achievable. The aim is to work in all sections simultaneously i.e., Kitchen, Foyer and BMS, to reduce the period on site for contractors and management costs.
5) We have obtained initial advice from Council Building Control so that we understand their requirements for them to approve the kitchen and foyer.
6) We have a revised kitchen layout including change from gas to an electricity stove. Considering the forecast in the world re: gas, we considered it prudent to change from gas fired to electric stove because everyone is pushing for green energy and all new builds are having electric stoves installed. The kitchen layout also had to be revised to take account of the water storage tank, which had to be put in the kitchen. The tank was required because the pipe supplying water to our premises is small.
7) We have obtained provisional quotation for the kitchen.
8) Quotations have been received and have draft figures that are going through value engineering to ensure the works to be carried out sits within our budget then will be shared.
9) The programme will be slightly longer than previously envisaged but are still interrogating it.
10) As advised before; we are taking our time to plan this work to ensure we do not get surprises during the construction phase.
EGEA – UK EVANGELISM TEAM
The God of Ezekiel enabled us to hold two (2) physical crusades and the maiden one was at our very own Ezekiel Guti Convention Centre (EGCC) from 5th to 7th August and the second in September in Leicester Region. We thank the God of our father for the invites from Apostle Shepherd & Overseer Talent Mayemu and Pastors Richard & Christine Sabvute respectively.
The first crusade attendance was affected by other local programs that were taking place, the night session opened by Evangelist Edmore Musaigwa and attended by 15 people. One person was delivered from fits. Saturday during the day was a call-in deliverance and healing session that was used by a few people and testimonies of healing recorded. Evangelist Enock Tigere preached deliverance to 20 people in the evening, people were delivered and revived.
We experienced a huge turnout of more than 100 people on Sunday and Evangelist Innocent Kamasho preached the word of God with power which attracted a huge altar call turnout. The sick were prayed for, the bound delivered and 1 person received salvation.
The second crusade was well attended, with attendance of 65 on Friday night, 80 on Saturday night and 150 on Sunday. Evangelist Obert Mazivisa shared a powerful Word on Friday night and many were prayed for. Evangelist Innocent Kamasho preached powerfully on Saturday night and mighty deliverance took place which went until midnight. Our Patron Evangelist Michael Vhareta was used by God mightily on Sunday, which was followed by deliverance and healing. The entire Region was revived and there was so much joy. We continued to hear testimonies the following weeks.
We are looking forward to holding more crusades in 2023 that have been included in the national calendar, the first one being in March in Blackburn Region. Finally we want to thank our father, the Servant & Apostle of God Professor Ezekiel H Guti
who mandated us to go around the nation preaching the gospel of Jesus Christ. We also thank our National Administrators, Bishops, Overseers and Pastors for continuing to support, encourage and pray for us. It is our prayer that doors will continue to be opened for us in the whole nation.
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UK MISSIONS REPORT "GO YE THEREFORE.... MAT 28:19
AREAS OF REPORTING
01 Introduction
02 UK Missions Support - Countries Summary
03 Pictures from the Missions Field
04 Feedback from Country Representatives
05 Europe Deeper Life Country Representatives 06 The Unfinished Mandate 2022 Summary
07 Overall Financial Performance (Jan - Oct 22)
08 Look Ahead and Future Plans
Page 27
Introduction
We thank God for the vision of working Missions given to our father, the Apostle and Servant of God Professor Ezekiel H Guti. We experienced the favour of God as a nation and managed to honour our obligations in supporting more than 23 countries.
Most of the money was raised through:-
-
TheUnfinishedMandate – June & July Missions Working
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Standing Orders and Direct Debits
-
Individual and Company Gifts
2022 UK Missions Support
Over 23 countries inclusive of:
-Argentina, Barbados, Belize, St Kitts and Nevis, Trinidad and Tobago, Dominican Republic, Jamaica, Guyana
-Central African Republic, Morocco, Tanzania, Chad, Nigeria, Madagascar, Mauritius
-Philippine, Cyprus, India, Pakistan
-Italy, Netherlands, Sweden, Russia
- Mission house rentals, Pastor’s upkeep, Church venues,
The Unfinished Mandate (2022)
The following money was raised by UK Provinces during working of Missions (June & July 2022) :
Ireland & Isle of Man £10 057.00
2.Airfares, Deeper Life Conference costs
3.+/- 8 UK based missionaries
North West Province
£21 000.00
4.Ezekiel TV and other requests from International HQ
The Unfinished Mandate 2021
United Kingdom received a distinctive achievement trophy from the International Office in recognition of the outstanding Missions work in 2021
Scotland Yorkshire
£21 007.00
£48 769.00
EDL Country Representative
The following countries supported by UK Missions were represented at the Europe Deeper Life Conference in August 2022 : Barbados, Jamaica, Belize and Netherlands
North London £ 64 041.00
South East England
£100 813.00
They gave moving testimonies of how the FIFMI seed is growing in each of the nations, through the teaching of the Word and deliverance in the name of Jesus, based on the foundation that was laid by the Apostle of Jesus Christ, Professor Ezekiel H Guti.
Greater Midlands £119 061.00
Overall Financial Performance January 2022 - Oct 2022
National Total
£384 748.00
| Balance b/f | £241 094.00 |
|---|---|
| Direct Debits | £15 848.00 |
| 3% Provincial Contributions | £36 202.00 |
| Individual Contributions | £3 410.00 |
| June/ July Missions | £384 748.00 |
| Total | £681 302.00 |
| Expenditure Note: Expenditure includes £63 971.84 paid in July |
£502 422.00 |
| 2022 for church land purchase in Guyana | |
| Total Account Balance | £178 880.00 |
Looking Ahead & Future Plans
Review the annual June/July Missions campaigns strategy as people are getting used and with an average annual bill of £600 000, relying on one-off campaigns may not be sustainable.Wean off some of the nations currently being supported by the UK e.g. stable countries showing mature leadership like Jamaica and Netherlands.
Request from the National Executive and National Council for an increase of tithes remittance of 3% to Missions. Boost Direct debits by introducing competition amongst the Provinces. Provincial positions were called out at the November National Council for the first time.
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NATIONAL FINANCE REPORT Pag• 30
NATIONAL FINANCE REPORT
1. Financial Overview
2022 has been a productive and progressive year for the nation of UK and pleased to report a 60% growth in annual tithe income compared to previous year. We financed the cash purchase of our second largest property yet, a place of worship in Scotland. As a result, the annual tithe expenditure grew by 87% in 2022, generating a deficit that was covered by savings from previous years.
We managed to continue providing financial support to ZEGU and Mbuya Dorcas Hospital in 2022. We thank the God of Ezekiel for the guidance, leadership and prayers of our father Professor Ezekiel H. Guti and our mother Dr. Eunor Guti for the year.
2. Board Composition
There were no changes to the structure of our national finance board as shown below:
3. Tithing
December figures have been excluded from this report, pending review and confirmation by provincial offices. A comparative analysis of closing balances at the end of November 2022 versus opening balances on the 1 st of January 2022 reveals that the strongest growth in net income was reported by Yorkshire Province (725%),
South East England Province (45%) and Greater Midlands Province (4%). The steepest decline was reported by North West Province (-770%), Ireland (-101%), Scotland (-97%) and NLP (-3%).
Considering opening balances (savings from prior years), only two provinces closed the year in deficit (Ireland: Oct & Nov 2022) and (North West Province: Aug, Sep, Oct & Nov 2022). Please note that Ireland has a known challenge with remitting tithes from Dublin due to Brexit complications.
NB: This analysis ignores, freewill offering and other funds belonging to each province.
4. External Audits
We are continuing to comply with the laws of the United Kingdom of Great Britain and Northern Ireland. We are also pleased to report that our books of accounts were audited on time and will follow the recommendations from our auditors.
5.National Finance Symposiums and Provincial Finance Seminars
We held an effective national finance retreat from the 18th to 20th March 2022 in Birmingham,England. This was our first physical meeting since the beginning of Covid restrictions. It was followed by a national symposium to engage with Overseers and Pastors on the 31st March 2022. On 30th April 2022, we held a national finance symposium as part of our collaboration with provincial finance committees and the national executive board. On 27th August 2022, the national finance committee found favour to meet with the Servant and Apostle of God at the Guest House. On 1st October 20222, we supported South London and East England Provinces with the election of their new provincial finance committees following the restructure South East England Province. Please see table below for more information on the recent and current provincial structures.
The National Finance Board delivered training to provincial committees including North West Province (5th February 2020), South East England Province (30 th July 2022) and North London Province (14th December 2022). We met with key stakeholders from the UKMFCC, National Conference Organising Committee, National Executive, East England Province and Ezekiel Guti Conference Centre Building Committee, to support, advise and provide financial oversight.
We had the pleasure of presiding over the election of new provincial finance committees for Greater Midlands Province (3 rd December 2022), South London Province (1st October 2022), East England Province (1st October 2022) and Scotland (28th December 2022).On 16th December, we met with the National Executive & East England Province to discuss the
financial options available to the province towards the purchase of St. Peter’s Church, in Dagenham, East London.
We are believing God for more provincial finance seminars and national finance symposiums to be scheduled in 2023 to promote the spread and adoption of best practice as embodied in the Forward In Faith Guidance, Rules and Policy manual, as well as the Finance Policy, Rules and Guidelines.
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REGISTERED COMPANY NUMBER: 04894116 (England and Wales) REGISTERED CHARITY NUMBER: 1153240
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
FOR
FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
E Dessai & Co Limited Chartered Accountants Congress House Office 10 4th Floor, 14 Lyon Road Harrow Middlesex HA1 2EN
FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Report of the Independent Auditors | 3 | to | 5 |
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | to | 8 |
| Cash Flow Statement | 9 | ||
| Notes to the Cash Flow Statement | 10 | ||
| Notes to the Financial Statements | 11 | to | 15 |
| Detailed Statement of Financial Activities | 16 | to | 17 |
FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity 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 Republic of Ireland (FRS 102) (effective 1 January 2019).
STRATEGIC REPORT
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
04894116 (England and Wales)
Registered Charity number
1153240
Registered office
58 Hainge Road Tividale Oldbury Wesst Midlands B69 2PD
Trustees
R C BEVAN M MARIMBA J D K SAMASUWO Rev M Nyambo Dr E Guti Dr E H Guti
Company Secretary
Auditors
E Dessai & Co Limited Chartered Accountants Congress House Office 10 4th Floor, 14 Lyon Road Harrow Middlesex HA1 2EN
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of FORWARD IN FAITH CHURCH INTERNATIONAL IN for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
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there is no relevant audit information of which the charitable company's auditors are unaware; and
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the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website.
AUDITORS
The auditors, E Dessai & Co Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on ............................................. and signed on the board's behalf by:
........................................................................ R C BEVAN - Trustee
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REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF FORWARD IN FAITH CHURCH INTERNATIONAL IN
Opinion
We have audited the financial statements of FORWARD IN FAITH CHURCH INTERNATIONAL IN (the 'charitable company') for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
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give a true and fair view of the state of the charitable company's affairs as at 31 March 2022 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:
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the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
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the charitable company has not kept adequate accounting records; or
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the financial statements are not in agreement with the accounting records and returns; or
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we have not received all the information and explanations we require for our audit.
Page 3
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF FORWARD IN FAITH CHURCH INTERNATIONAL IN
Responsibilities of trustees
As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
Our responsibilities for the audit of the financial statements
We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
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Enquiry of management and those charged with governance around actual and potential litigation and claims;
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Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transaction outside the normal course of business and reviewing accounting estimates for bias;
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Reviewing minute of meetings of those charged with governance;
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Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more the compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves international concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
Page 4
REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF FORWARD IN FAITH CHURCH INTERNATIONAL IN
Use of our report
This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed.
E Dessai & Co Limited Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 Chartered Accountants Congress House Office 10 4th Floor, 14 Lyon Road Harrow Middlesex HA1 2EN
Date: .............................................
Note:
The maintenance and integrity of the FORWARD IN FAITH CHURCH INTERNATIONAL IN website is the responsibility of the trustees; the work carried out by the auditors does not involve consideration of these matters and, accordingly, the auditors accept no responsibility for any changes that may have occurred to the financial statements since they were initially presented on the website.
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FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Investment income 3 Other income Total EXPENDITURE ON Charitable activities 4 Pastors Support Chruch Support Mission Support Governance cost Other Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
2022 Unrestricted funds £ 3,309,644 792 3,893,912 7,204,348 1,291,194 57,459 582,587 362,779 17,741 2,311,760 4,892,588 - 4,892,588 |
2021 Total funds £ - - - |
|---|---|---|
| - | ||
| - - - - - |
||
| - | ||
| - - |
||
| - |
The notes form part of these financial statements
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FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
BALANCE SHEET 31 MARCH 2022
| Notes FIXED ASSETS Tangible assets 10 CURRENT ASSETS Debtors 11 Cash at bank and in hand CREDITORS Amounts falling due within one year 12 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 14 Unrestricted funds TOTAL FUNDS |
2022 Unrestricted funds £ 783,039 38,171 4,096,399 4,134,570 (25,021) 4,109,549 4,892,588 4,892,588 4,892,588 4,892,588 |
2021 Total funds £ - - - |
|---|---|---|
| - - |
||
| - | ||
| - | ||
| - | ||
| - | ||
| - |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been audited under the requirements of Section 145 of the Charities Act 2011.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
The notes form part of these financial statements
continued...
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FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
BALANCE SHEET - continued 31 MARCH 2022
.............................................
R C BEVAN - Trustee
............................................. J D K SAMASUWO - Trustee
The notes form part of these financial statements
Page 8
FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2022
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Gift from unincorporated charity Interest received Net cash (used in)/provided by investing activities Cash flows from financing activities Credit cards Net cash provided by financing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2022 £ 4,895,589 4,895,589 (732,755) (68,025) 792 (799,988) 798 798 4,096,399 - 4,096,399 |
2021 £ - |
|---|---|---|
| - | ||
| - - - |
||
| - | ||
| - | ||
| - | ||
| - - |
||
| - |
The notes form part of these financial statements
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FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2022
| 1. | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES |
|---|---|---|---|---|
| 2022 | 2021 | |||
| £ | £ | |||
| Net income for the reporting period (as per the Statement of Financial | ||||
| Activities) | 4,892,588 | - | ||
| Adjustments for: | ||||
| Depreciation charges | 17,741 | - | ||
| Interest received | (792) | - | ||
| Increase in debtors | (38,171) | - | ||
| Increase in creditors | 24,223 | - | ||
| Net cash provided by operations | 4,895,589 | - | ||
| 2. | ANALYSIS OF CHANGES IN NET FUNDS | |||
| At 1.4.21 | Cash flow | At 31.3.22 | ||
| £ | £ | £ | ||
| Net cash | ||||
| Cash at bank and in hand | - | 4,096,399 | 4,096,399 | |
| - | 4,096,399 | 4,096,399 | ||
| Debt | ||||
| Debts falling due within 1 year | - | (798) | (798) | |
| - | (798) | (798) | ||
| Total | - | 4,095,601 | 4,095,601 |
The notes form part of these financial statements
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FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Musical Instrument - 25% on reducing balance Furniture & Fittings - 25% on reducing balance Office equipment - 25% on reducing balance
Taxation
The charity is exempt from corporation 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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
2. DONATIONS AND LEGACIES
| Donations Free will offering Tithes Ministers Tithes 3. INVESTMENT INCOME Deposit account interest 4. CHARITABLE ACTIVITIES COSTS Pastors Support Chruch Support Mission Support Governance cost 5. SUPPORT COSTS Governance cost 6. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Audit fee Depreciation - owned assets Hire of plant and machinery |
Direct Costs £ 1,291,194 57,459 582,587 - 1,931,240 Finance £ 5,135 |
2022 £ 1,365,525 127,141 1,728,409 88,569 3,309,644 2022 £ 792 Support costs (see note 5) £ - - - 362,779 362,779 Governance costs £ 357,644 2022 £ 22,200 17,741 1,108 |
2021 £ - - - - |
2021 £ - - - - |
|---|---|---|---|---|
| - | ||||
| 2021 £ - Totals £ 1,291,194 57,459 582,587 362,779 |
||||
| 2,294,019 | ||||
| Totals £ 362,779 |
||||
| 2021 £ - - - |
continued...
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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
8. STAFF COSTS
| Wages and salaries Other pension costs The average monthly number of employees during the year was as follows: Charitable Activity Governance No employees received emoluments in excess of £60,000. |
2022 £ 1,094,545 12,128 1,106,673 2022 46 12 58 |
2021 £ - - |
|
|---|---|---|---|
| - | |||
| 2021 - - - |
9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Total funds £
NET INCOME
TOTAL FUNDS CARRIED FORWARD
continued...
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FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
10. TANGIBLE FIXED ASSETS
| Freehold Musical Furniture property Instrument & Fittings £ £ £ COST Additions 729,817 1,299 1,639 Transfer to ownership - 16,274 42,072 At 31 March 2022 729,817 17,573 43,711 DEPRECIATION Charge for year - 4,393 10,928 NET BOOK VALUE At 31 March 2022 729,817 13,180 32,783 At 31 March 2021 - - - DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Staff Advance Rent Deposit CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Bank loans and overdrafts (see note 13) Social security and other taxes Mission Control account Pension payable Accrued expenses |
Office equipment £ - 9,679 9,679 2,420 7,259 - 2022 £ 16,245 21,926 38,171 2022 £ 798 133 1,268 3,022 19,800 25,021 |
Totals £ 732,755 68,025 |
Totals £ 732,755 68,025 |
|---|---|---|---|
| 800,780 | |||
| 17,741 | |||
| 783,039 | |||
| - | |||
| 2021 £ - - |
|||
| - | |||
| 2021 £ - - - - - |
|||
| - |
11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
13. LOANS
An analysis of the maturity of loans is given below:
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Amounts falling due within one year on demand: | |||
| Barclays Credit Card | 798 | - |
continued...
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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
14. MOVEMENT IN FUNDS
| Unrestricted funds Income from Tithes, Freewill Offering and Talent TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds Income from Tithes, Freewill Offering and Talent TOTAL FUNDS |
At 1.4.21 £ - - Incoming resources £ 7,204,348 7,204,348 |
Net movement in funds £ 4,892,588 4,892,588 Resources expended £ (2,311,760 ) (2,311,760 ) |
At 31.3.22 £ 4,892,588 4,892,588 Movement in funds £ 4,892,588 4,892,588 |
|---|---|---|---|
15. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2022.
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FORWARD IN FAITH CHURCH INTERNATIONAL IN FORWARD IN FAITH CHURCH INTERNATIONAL INCORPORATED
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations Free will offering Tithes Ministers Tithes Investment income Deposit account interest Other income JRS Grant Gift from unincorporated Total incoming resources EXPENDITURE Charitable activities Wages Pensions Hire of plant and machinery Rent,Rates and water Light and heat Advertising Motor Vehicle Expenses Leaders Training Mission Support & Donation Church & Hall Hire Conference Cost Travelling Expenses Other Depn of musical Instruments Depn of furniture & fittings Depn of office equipment |
2022 £ 1,365,525 127,141 1,728,409 88,569 3,309,644 792 56,516 3,837,396 3,893,912 7,204,348 898,139 12,128 1,108 250,753 38,957 192 5,688 6,655 582,587 27,964 22,507 84,562 1,931,240 4,393 10,928 2,420 17,741 |
2021 £ - - - - |
|---|---|---|
| - - - - |
||
| - | ||
| - - - - - - - - - - - - - |
||
| - - - - |
||
| - |
This page does not form part of the statutory financial statements
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DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| Support costs Finance Bank charges Governance costs Wages Auditors' remuneration Office Rent,Rates and water Insurance Telephone Postage and stationery Sundries Legal fees Business Lunch & Drinks Staff welfares Repair and renewals Mission Transfer Fee Professional fees Legal Fees Computer expenses Cleaning & Hygiene Total resources expended Net income |
2022 £ 5,135 196,406 22,200 29,079 18,505 14,930 4,006 502 3,751 2,400 4,297 14,407 7 1,265 5,239 9,210 31,440 357,644 2,311,760 4,892,588 |
2021 £ - - - - - - - - - - - - - - - - - |
|---|---|---|
| - | ||
| - | ||
| - |
This page does not form part of the statutory financial statements
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