ANOINTING FIRE CATHOLIC MINISTRIES, UK (AFCM, UK) (Fornierly Sehion Ministries) (A COMPANY LIMITED BY GUAIL4NTEE) TRUSTEES, ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS for the year ended 30 June 2024 Registered company number 08589753 Registered charity number 1153546
Anointing Fire Catholic Ministries, UK (AFCM, UK) Report and Accounts for the Year ended 30 June 2024 Contents Page Charity Infornhgtion Trustees. Report Independent Examiner's Report Ststement of Financial Activities Balance Sh¢¢t Statement of Cash Flows 10 Notes to the Financial Statements
Anointing Fire Catholic Ministries, UK (AFC UK) Report and Accounts for the Year end 30 June 2024 Charity Inforni2tion In August 2023 the name of the Charity was changed from Sehion Ministries to Anointing Fire Catholie Ministries UK (AFCM, UK). The new name reflects more closely the nature of the Charity and its activities. It will also make it &ier to liaise with similar charities. Patrons Archbishop Bernard Longley, Archbishop of Birniingham Mar Joseph Srampickal. Bishop. Syro Malabar Eparchy of Great Britain Yoohanon Mar Theodosiu& Bishop of MUvattupuZ Syro Malankara Apostolic Visitator to Europe and Oceania Trustees Dr Seby Sebastian (Chairnian) Mr Joseph Abraham Mrs Jeanette Bunga Mr Julien Bunga Fr Shyju Chacko Mr Jaison John Mrs Barbara Labrosse Mr Paul Sebastian Mr Anish Thomas Fr Saviour Vattayil Varghese (Appointed 3 October 2023) Company Secretary and Registered Offi Mr Paul Sebastian 27 Florence Road. Coventry CV3 2AL Registernl Charity Number 1153546 Registered as a Company Limited by Guarantee Number 08589753 Bankers HSBC Plc. 56 High StreeL Erdingto Bimiingham, B23 6RT Independent Examiner Harrison Beale & Owen. Highdown House I l Highdown Road, Leamington s CV31 IXT
Anointing Fire Catholic Ministries, UK (AFCM, UK) Report and Accounts for the Year ended 30 June 2024 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 The Trustees present their report and accounts for the year ended 30 June 2024. The Trustees and Tntees, Report eonstitute the Directors and Directors. Report for the purposes of the Companies Act 2006. Charity Organisation, Strnctll Governanffj Patron$ and ManagemeDt Anointing Fire Catholic Ministries UK (AFCM. UK) (fonnerly known as S¢hion Ministries) is a company limited by guarantee and registcrcd under the Companies Act 2006 and the Charities Act 2011. Its activities are governed by its MemorAndum and Articles of A$SI#t10n. The policy of the Charity is detsm)ined by the Tne¢s, who meet regularly as a Board. Trustees are appointed in accordance with the provisions of the Articles of Association and receive no r¢muneration for their services. The Trustees detennine their number as they consider necessary. although this may not be less than two. If the Trustees consider a vacancy should be filled, they will decide on the specific skills required to ensure an appropriate balance on the Board. The Trustees use their best cndcavours, either through personal contact or enquiry. to recruit new trustees. In addition to the financial and legal documents for the Charity, all new Trusfres are provided with the guidanee available from the Charity Commtssion on the role of Tnte¢s. All Trustees, mectings arc immcrscd in prdyer. Th¢ Charity is run primarily by the TrUses. who work with a team of willing volunteers to run the events and publish the magazines. There are no paid employees. Strdtegic decisions are made by the Tntees. although the day to day running of events is managed by exp¢ri¢nc¢d individuals who. inspired by the teaching of Our Lord Jesus ChrisL volunteer to assist in this way. The Charity maintains close relations with the Catholic Church - both through the Roman Catholic Archdiocese of Birniingham. within which much of its work is carried OUL and also with the Syro-malabar Eparchy of Great Britain. since many of the participants at events are from the Syro-malabar community. The Trustees are delighted that Archbishop Bernard Longley, Archbishop of Birningham. Mar Joseph Srampickal. Bishop of the Syro Malabar Eparchy of Great Britsin and Yoohanon Mar Theodosius. Bishop of Muvattuputh& Syro Malankara Apostolic Visitator to Europe and Oceani4 are all Patrons of the Charity. Directors, Company Secretary and IndepeDdeDt Examiner The Trustee& who are also Directors of the Charitsble Cornpany, and the Company Secretary are as on page 2. Harrison Beale & Owen act as Independent Examiners for the Charity. Aims, objeetives* prlnclpal activitiu and erfiteria for measuring acbievernent The Charity's principal objective is the advancement of the Catholic Faith for the benefit of the public. It does this by organising prayer meetings, conferences and similar events: producing and distributing literature and broadcasting inforniation using modern media to enlighten others about the Catholic Faith; training individuals and groups to further the work of evangelisation. and rela¢ed tIvItieS to support the promotion of Christian beliefs. The Charity runs monthly Second Saturday Conventions in Bimingham, which are attended by people of all ages from around the United Kingdom. The Charity runs Schools of Evangelisation and Retreats, in both the UK and abroad. and produces the Kingdom Revelator. a monthly magazine for teenage and The Little Evangclist. a quarterly magazine for children. In all of the above. the aim of the Charity is to improve and enhance the Spiritual. and thus mental and physical. wellbeing of those attending worship services. talks, etc. and those receiving and reading the magazine - whether in hard copy or online.
Anointing Fire Catholic Ministries, UK (AFCM, UK) Report and Accounts for the Year ended 30 June 2024 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 (Continued) Spiritual wellbeing is not easy to measure orrnonitor in this life, although it will be more apparent in the next. However. it is reasonable to take attendance at gatherings (or on-line participation) as an indicator of the public benefit derived from the services being offered and to note that the donations, which are freely made. continue to reflect broad sisfaCtion with the services provided by the Charity. Thus the twin measures of attendance at events and the continuing support of donors are considered reasonable indicators when assessing the 'success' of the Charity; these are monitored by Trustees and continue to be at encouraging levels. Volllnteers 2nd Supporters The Trustees would like to record their thanks to the many people who give their time free of charge to support the activities of the Charity. During the year. th¢ Charity had the free use of property at Casde Val¢. The accounts contain some modest running costs for this premises. but no account is taken of the value of their rent-free use as. in the opinion of the Trustees. the amount is not material. Review of Activiti Aehievements and Plans for Future Development After easing of Covid-19 pandemic, from September 2022 Second Saturday Conventions have resumed at Bethel Convention Centre and current attendance is around 2.000 attendees. During the year, in addition to many one-day events. the Charity ran seven Residential retrcats in UK for families and young couples and ten School Of Evangelisation (SOE) events for Pre-Teen& Teens and Youth. Ov¢rseas Retreats and Missions continued in Australi canad USA and Ireland and one for priests in Fatim& Distribution of printed copies of the Kingdom Revelator magazine continues at Second Saturday Conventions. Every month around 3.000 to 5.000 copies are curr¢ntly being printed and distributed free of charge to individuals and many parishes countywide. Copies are also printed and distributed IallY in Ireland. USA and Australia. As part of the development work of the Charity, the magazine is also frcely available on online. Kingdom Revelator magazine celebrnted its 100 edition in September 2023, and we do Ixlieve it has an impact on the lives of the teenagers who read IL and feedback from readers, priests. teachers and catechists continues to be very encouraging. In September 2023 we printed 1,500 copies of 'prison ¢dition' of the magazine and distributed to various prisons in the UK. The Charity started producing a new magazine. named Little EvangelisL a Christian rnagazine for children. 500 copies are Currently king printed and distributed quarterly. Since incorporation. the Charity has sought to increase its activitiffj in line with the exhortation of Our Lord Jesus ChrisL as expressed in Matthew 28.20 to "go out to the whole world and make disciples of all nations" The primary way of working towards this. and thus enriching the lives. both temporal and cternal. of as many people as possible, is to continue to publicise and run events to which all ar¢ welcomed. In this regard. the Charity has started a new monthly convention called 'Forth Saturday bible convention in English, from July 2024. This is in addition to the Second Saturday bible convention which has been running for many years. The Charity is working closely with the Archdiocese of Birniingham to facilitate the smooth running of these conventions.
Anointing Fire Catholic Ministries, UK (AFCNL UK) Report and Accounts for the Year ended 30 June 2024 REPORT OF THE TRUSTELS FOR THE YEAR ENDED 30 JUNE 2024 (Continued) Revieiv of Activities, Achievements 8Dd Plans for Future Development (Continued) The Charity does not engage in 'social investment, as such. although in accordance with Our Lord's instruction it seeks to use money *aintcd as it is" to enrich the lives of others through encouragemenL and it dc)es support the work of those who seek to evangelise and bring the joy of the Gospel to those to whom it is the Good News. The Charity's volunteers are primarily engaged in preparing for and assisting at the Second Saturday Conventions. In particular. their work is vital in running the various strcams for adults. young people and children to enable them to learn more about ihe love of Jesus Christ and how knowing this can enrich their lives. Many volunteers spend time running other events and producing the magazine. There are many hundreds of individuals who support the work of the Charity through prnyer. including Adoration of the Blessed Sacrament. It is not considered feasible to place an economic value on their work, although the value of the prayer support is considerable. The results are evident in the continued success of the work of the Charity. Fundraising is not considered a major 'objective' of the Charity. but encournging donations is regarded as a practical way of assisting others to exercise their charism of Charity. The donations received at events contributc to the Charity's work. The Tntss and many oth¢r6 engage in prayer to ask the Lord to provide resources to w out the WO that He gives us to do. The Trustees believe that there is a spiritual hunger within society in the United Kingdom which only the Lord Jesus Christ can satisfy. As the need for this becomes more evidenL the Charity has the long-terni objective of widening the service offering to other groups and individuals. Thus, the Charity seeks to grow the emph&sis on Evangelisation in particular. through the School of Evangelisation's events. The Charity is actively looking for a propety (Church. ConvenL e) to use as a Prayer house, in the West Midlands. Charity has started ¢oll¢cting donations in this regard which will Ix kept under 'restricted fidS.. AFCM Communities Work is continuing on the development of the appropriate infrastructure for the Charity. Currentlyj the arrangements w01ng well. During the year AFCM Communities have been formed in different parts of the county. These are groups of faith members who gather locally and supp)rt the Charity through prayer in its overall objectives. i.e.. Evangelisation. Each community has an AFCM Community leader who guide and lead the community members. Publie Benefjt Statement The Trustees have followed the public benefit guidan¢¢ published by the Charity Commissio as required by Section 17{5) of the Charities Act 2011. They believe the work of the Charity, not just through the provision of Sacraments - the Eucharist and Reconciliation, but also through the availability of Spiritual Sharing, support networks, personal prayer and opportunities to hear th¢ Word of God and for Eucharistic Adoration, havc a major impact on the lives of individuals. This is demonstrated through numerous testimonies of healings and other divine interventions which have been reported at events in written testimony. available on the website. and in literature distributed to advertise events. It is not considered appropriate to collect numerical data on such reports, but the Trustees are grdteful to fjod for the love He has shown to so many people. Financial Report, Risk Management aDd Reserves Donation income in the year. including gift aid tax recoverable and donated services, amounted to £352.367 (2023: £205.536). Income frorn charitsble and other activities was £387.998 (2023: £131.21]). The Charity's expenditure was £723.003 (2023: £352.197). Overall. a surplus of £17,362 (2023.. deficit of £15.450) was made during the year. Free Reserves ar¢ that part of a
Anointing Fire Catholic Ministries, UK (AFCM, UK) Report and Accounts for the Year ended 30 June 2024 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2024 (eoDtinued) Fin2ncial Report, Risk Mgnagement and Reserves (continued) Charity's unrestricted funds that are freely available to spend on any of the Charitys purposes. The Charity's Free Reserves were £71.975 at the year-end. This figure is arrived at by deducting tangible fixed assets of £1,103 from the Charity's total unrestricted funds of £73,078. At 30 June 2024. the Charity's total funds amounted to £108,466 (2023: £91,104). which included restricted funds of £35,388 (2023: £1,511). Although upfront costs are met by the Charity. any shortfall in the cost of conventions and retreats organised by th¢ Charity are covered by donations received. The Tntstees, Reserves policy is therefore to hold about £50,000. so that they Can meet these up-front costs and produce the Kingdom Revelator for a y&qr. As thc Charity's Reserves were over £50,000 at th¢ year-en4 the Trustees were satisfied with the Charity's financial position. The Trustees have assessed the major risks to which the Charity is exEx)s¢d and have satisfied themselves that systems have been establishe or that other appropriate measures have been tsken. to mitigate those risks. insofar as is reasonably practicable. but it is recognised that systems cannot givc absolutc assurance that risks have Ix¢n climinatcd. Procaurcs arc in place to monitor risks associated with handling cash, health and safety mattcrs, safeguarding and ongoing financial viability. The Trustees continue to keep the Charity's activities under review. including considerdtion of any major risks that rnight be present from time to time. ststement of Trusteeg, R£8ponsibilities The Trustees a responsible for preparing the Trustees, Report and the financial statements in accordance with applieabl¢ law and regulations. Cornpany law requires the Trustees to prepare financial statements for each financial year that give a true and fair view of the state of affairs of th¢ Charity and of the incoming resources of. and resources expended by. the Charity for that year. In preparing these financial statements, the Trustees arc required to: select suitable accounting policies and then apply them consistently; make judgements and accounting estimates that are reasonable and prudenL state whether applicable a¢Unting standards have been followed, subject to any material departures disclosed and explained in the financial statements. and prepare the financial statements on the going concern basis, unl¢ss it is inappropriate to presume that the charitable company will continue in business. The Trustees are resFx)nsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and cnable 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 to prevent and detect fraud and other irregularities. This report ha5 been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. By Order of the Board Paul Sebastian - Trustee 3 December 2024
Anointing Fire Catholic Ministries, UK (AFCM. UK) Report and Accounts for the Year ended 30 June 2024 INDEPENDENT EK4MINER'S REPORT TO THE TRUSTEES OF ANOINTING FIRE CATHOLIC MINISTRIES ('THE COMPANY,) I report to the Charity's Truslees on my examination of the accounts of the Company for the year to 30 June 2024 which are set out on pages 8 to 17. Responsibilities and basis of report As the Charity's Trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of th¢ accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your Charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 201 l Act,). In carrying out my examination. I have followed the Directions given by the Charity Commission in section 145(5) (b) of the 2011 A¢L Independent mIner'S statement Since your Charity's gro&8 income ex¢ced £250,000 your examin¢r must be a member of a listed body. I can confinn that l am qualified to undertake the examination because I am a member of th¢ Institute of Chartered AccounLqnts in England and Wales, which is one of the listed bodies. I have completed my examination. I confirni that no matters have ¢ome to my attention in connection with the examination giving me cause to believe: ounting records were not kept in respect of the Company. as requId by section 386 of the 2006 Act. or the accounts do not accord wtth those records" or the accounts do not comply with the accounting ttquirements of section 396 of the 2006 Act, other than any requircment that the accounts give a 'truc and fair, view which is not a matter considered as part of an independent examination. or the accounts have not IKcn prepared in accordance with thc method5 and principles of the Statement of Recommended Practice for accounting and reporting by charities (appli¢abl¢ to charities preparing their accounts in accordance with the Financial Rew)rting Standard applicable in the UK and Republic of Ireland (FRS 102)). iv. I have no concerns and have come aeross no other matters in connection with the examination to which attention should be drawn in this reEK)rt in order to enable a proper understanding of the arxounts to be reached. Gregg Olner MPhil BA (Hons) FCA Harrison, Beale and Owen Limited Highdown House. I l Highdown Road Leamington SN Warwickshire CV31 IXT 3 December 2024
Anointing Fire Catholic Ministries. UK (AFCM. UK) Report and Accounts for the Year ended 30 June 2024 STATEMENT OF FINANCLIL AcfivITIES (incorporating the Income and Expenditure Account) FOR THE YEAR ENDED 30 JUNE 2024 Unrestricted Funds 2024 Restricted Funds 2024 Total Funds 2024 Totsl Funds 2023 Notes COME FROM: Donations and legacies 309.062 43.305 352J67 205.536 Charitable activities 15 387.998 387,998 131,211 TOTAL 697,060 43.305 740 336.747 EXPENDITURE ON: Charitable activities 3,15 710,769 9.428 720,197 349.677 Other 2.806 2,520 TOTAL 713 575 9.428 352.197 NET INCOMFJ(EXPENDITURE) (16.515) 33.877 17J62 (15,450) RECONCILIATION OF FUNDS: TOTAL FUNDS BROUGHT FORWARD 89.593 106,554 TOTAL FUNDS CARRIED FORWARD 73.078 91.104 All of the abov¢ relate to the continuing activities of the charitable company. All gains and losses recognised in the year are included in the Statement of Financial Activities. The net income for the year for Companies Act 2016 purposes comprises the net movement in funds for the year, vA)ich was an inflow of £17.362 (2023: oufflow of £15,450). The notes forn) part of these financial ststements
Anointing Fire Catholic Ministries, UK (AFCN£ UK) Report and Accounts for the Year ended 30 June 2024 BALANCE SHEET AS AT 30 JUNE 2024 2024 2023 Notes FIXED ASSETS: Tangible assets 1.103 CURRENT ASSETS: Stock Debtors Cash at bank 13,1)06 39370 67 24.039 15.375 142 116,053 CREDITORS: Amounts falling due within one year (35,180) (25,100) NET CURRENT ASSETS 107J63 90.953 NET ASSETS FUNDS: Unrestricted funds Restricted funds 73,078 35J88 89,593 TOTAL FUNDS £108,466 £91,104 The Company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 30 June 2024. The members have not rcquircd the Company to obtain an audit of its fjnancial staternents for the year ended 30 June 2024 in accordance with section 476 of the Companies Act 2006. The Directors acknowledge their responsibilities for (a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of the Company as at the end of each financial year and of its income and expenditure for each financial year in accordance with the requiTements 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 Company. These financial statcmcnts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102, effective January 2019). The financial Statements We approved by the Board of Directors and authorised for issue on 3 December 2024 and were signed on its behalf by: Paul Sebastian- Trus*e The notes forni part of these financial statements
Anointing Fire Catholic Ministries, UK (AFCM, UK) Report and Accounts for the Ycar ended 30 June 2024 STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2024 2024 2023 CASH FLOWS FROM OPERATtNG A1vITIEs. Net movement In funds Adjustment for Depreciation 17J62 339 (15.450) 900 Movements in Working Capital: Decrease in Stock Increase in Debtors Increa5¢ in Creditors 11,033 (23,895) 703 (9,693) 16.748 TOTAL CASH FLOWS FROM OPERATING ACTIVITIES 14,919 (6.792) Cash flow from investing activities Purchase of tangible fixed assets 1291 Change in cash flow in year 13,628 (6,792) CASH AT START OF THE YEAR 76,639 83.431 CASH AT END OF THE YEAR 90267 76.639 The notes forrn part of these financial statements 10
Anointing Fire Catholic Ministries, UK (AFCM, UK) Report and Accounts for the Year ended 30 June 2024 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 I. ACCOUNTING POLICIES Basis of preparation of the accounts Thc financial stat¢m¢nts have been prepared under th¢ historical cost convention and in accordance with the Statement of Recommended Practic4 Accounting and Rep)rting by Charities (Charities SORP (FRS 102)) effective l January 2019, applicable UK Accounting Standards, the Charities Act 2011 and the special provisions of Part 15 of the Companies Act 2006 relatin8 to small companies. The Charity meets the definition of a public entity as set out in FRS 102. The presentation currency of the financial statements is the Pound Sterling (£). The charitable company is incorrated in England and Wales. the address of its registered otTice is 27 Florence Road, Coventy CV3 2AL. Income Voluntary income is included in incoming resourtts at its fair value when receivable. Gifts in kind and assets donated to the Charity are recognised as incorning resources when receivable, at the value to the Charity. Income from sales is recorded when the goods are despatched. Income from charitable activities is OgnISed when the event is held. Fixed Assets Tangible fixed assets are ststed at cost less depreciation and impaim]ent. Assets costing less than £500 are not capitalised. Depreciation is provided on all tangible fed assets at rates calculated to writ¢ off each asset over its expected us¢ful life, as follows: Equipment". 25Yo straight line Expenditure Expenditure is included in the Statement of Financial Activities on an accruals basis, inclusive of any value add¢d Lqx which cannot be recovered. Charitable activities are those costs associated with delivering activities and services. Other costs are those costs associated with meeting the constitutional and statutory requirements of the Charity. including the independent examiner's fees and costs associated with the strategic management of the Charity. Fund aeeounting General funds are available for any purpos¢ of the Charity. Restricted funds are funds that &qn only be used for particular purposes by the Charity. as specified by the donor. Stock Stock for resale is ststed at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Stocks of Bibles to be given to prisoners are stated at cost.
Anointing Fire Catholic Ministries, UK (AFC UK) ReFK)rt and Accounts for the Year ended 30 June 2024 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 (continued) I. ACCOUNTING POLICIES (o)ntinued) Measurement of financial iDstruments The company has elected to apply the provisions of Section I I "Accounting for financial assets and financial liabilities. of Charities SORP (FRS 102) to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrumenL Financial ets and liabilities are offset, with the net amounts presented in the financial statements. when there is a legally enforceable right to set off the recognised amounts and there is an infrntion to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial a&8ets. which include debtors, are initially measured at transaction price. including transaction COS and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a finaneing transaction. where th¢ transaction is measured at the present value of the future receipts discounted at a market rate of interesL Financial assets classified as receivable within one year are not amortised. Going concern At the time of approving the financial statements. th¢ Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable futu. Thus the Trustees Continue to adopt the going concern basis of accounting in preparing the financial statements. 2. CRANT, LARGE DONATIONS AND DONATED SERVICES During the year and the prior year, the Charity received no major grants. Donations are primarily received from individuals and usually no single donation exceeds £5,000. No recognition is made of the considerable financial valu¢ of the time contributed by volunteers who assist in th¢ work of the Charity. 3. CHARITABLE ACllVITIES 2024 2023 Costs of Second Saturday Conventions Costs of Retreats, Pilgrimages and Schools of Evangelisation Magazine costs Costs of bibles. books and religious articles for resale or donation Donations made** Evangelisation support General costs Depreciation 238271 400,421 32J04 38,080 177,218 126,383 16.509 19.321 9.998 242 542 339 8.684 250 412 900 Total charitable expenditure 720 197 349.677 * Within expenditure for the year is the cost of £530 (2023: £170) for bibles given away as part of the ministy to prisons. This is treated as expenditure from the restricted fund. ** Within expenditure for the year are restrithd donations made of £8.898 (2023: £7.484) paid fiDm funds received for restricted purposes. See note l O. 12
Anointing Fire Catholic Ministries. UK (AFCM, UK) Report and Accounts for the Year ended 30 June 2024 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUIYE 2024 (continued) 4. EMPLOYEES, STAFF COSTS AND TRUSTELS The Charity currently has no employ¢¢s. Some individuals are paid to assist with specific events. most notably the Second Saturday Conventions. no-one received more than £8,000 in total in the year. The Trustees do not receive any remuneration from the Charity. During the year a total of £12.271 {2023: £7.703) was paid to one Trustee. Fr Shyju Chacko. as reimbursement of travel. communications and other expenses incurred in the running of Second Saturday Conventions and other events. 5. OTHER COSTS 2024 2023 Independent examination costs Other costs 2.772 34 2,520 No other costs were incurred in respect of governance and no costs were incurred in respect of fundraising activities. 6. FIXED ASSETS Cost At l July 2023 Additions At 30 June 2024 31.306 32.597 Depreeiation At l July 2023 Charge for the y&2r At 30 June 2024 31,155 339 31.494 Net Book Value As at 30 June 2024 As at 30 Jun¢ 2023 151 All assets are used for charitable purposes. The Charity has no inalienable or historic assets. 7. STOCKS 2024 2023 Bibles, books and religious articles 13,IM16 24,039 13
Anointing Fire Catholic Ministries, UK (AFCM, UK) Report and Accounts for the Year ended 30 June 2024 NOTES TO THE FINANCIAL STATEMENIS FOR THE YEAR ENDED 30 JUNE 2024 (continued) 8. DEBTORS 2024 2023 Gift aid tsx recoverable Prepayments and accrued income 25275 8.997 6.378 15.375 39 9. CREDITORS: AMOUNTS FALLING DUE WITHtN ONE YEAR 2024 2023 Accruals and deferred income 35,180 25,100 tkf¢rred income consists of monies received in advance for attendance at events to be run in the following accounting period. These monies are releas¢d when the events are run. As at 30 June 2024, the amount deferred was £1,034 {2023: £14.674). Atl July 2023 At30 June 2024 10. STATEMENT OF FUNDS Incom¢ Expenditure Restricted funds: Bibles for Prisons Marriage Suptxirt BP House Projert BPAC MCMA mission DonBosco mission Glory 2024 SM2024 Total Rcstricted Funds 638 530 700 108 700 1.400 120 10.290 1,550 29,012 1.695 43.305 120 6,578 3.712 1,550 29,012 195 35.388 1.500 9.428 Unrestricted Funds 89,593 697,060 713,575 73.078 Total Funds 91,104 740.365 723.003 108.466 Bibles for Prisons arises from donations received to supply Bibles free of charge as part of the Prison Ministy. Marriage Support arises from donations received to SUPFK)rt marriages in Sehion Ministries in Attappady, Keral4 India. BP House Project arises from donations received to support building houses for the homeless. 14
Anointing Fire Catholic Ministries, UK (AFCM, UK) Report and Accounts for the Year ended 30 June 2024 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 (continued) BPAC ari5¢s from donations received to support those in need in th¢ Diocese of Adilabad. India. MCMA ('More Children More Anointing,) arises from donations received to support those families in need with 4 or more children. DonBosco Mission arises from donations rnyeived to support missionslchurches in need of money for evang¢lisation. GLORY 2024 arises from donations received to support the purchase of 'prnyer house. for the Charity. SM2024 arises from donattons received to support the funeral service of one of our team members (Stephen Mathew) who died in April 2024. 11. ANALYSIS OF cHARy NET ASSETS BETWEEN FUNDS At the year-end. all the Charity's net assets related to unrestricted fund& save for £35.388 (2023: £1,511) restricted funds represented by cash at bank 12. TAXATION Anointing Fire Catholic Ministries is a registered charity and therefore is not liable to taxation on income or gains derived from its clwitsble activities. 13. LIABILITY OF MEMBERS The Charity is constituted as a company limited by guarantee and has no share capital. The members, liability is limited to £10 each. 14. RELATED PARTY TRANSACTIONS In 2020. the Trustees signed a five-year lease on a property for an annual rent of £1. This property is owned by four of the Trustees: Mr P Sebastian. Mr A Thom Mr J John and Dr S Sebastian. The property is used for charitable purposes, as a base for evangelisation. The Charity contributes towards the running costs of the property. In the year. a totsl of £4,020 (2023: £1,159) was expended by the Charity on utilities and other costs associated with this property. 15
Anointing Fire Catholic Ministries. UK (AFCM, UK) Report and Accounts for the Year ended 30 June 2024 NOTES TO THE FINANCIAL STATEMEIYTS FOR THE YEAR ENDED 30 JUNE 2024 (continu) 15. ANALYSIS OF CHARITABLE INCOME AND ExPENDURE Set out below are the main Charity Activities and their Income and Expenditure: 2024 2023 Second Satllrday Conventions Attendance fees (no charge). Other income Costs of Second Saturday Conventions General costs (allocated l 0/0 as primarily related to this activity) Depreciation (allocated l 0/0 as assets related to this activity) 1055 (238271) (542) (177,218) (412) 339 Net cost included in the Statement of Financial Affairs 237 178.530 Retreats, Pilgrimages and Sebools of Evangelisation Attendance fees Costs. including evangelisation supFx)rt 339,664 103,186 126 633 Net cost included in the Statement of Financial Affairs Magazines Kingdom Revelator Income (provided free) Costs (31,401) (16,509) Llttle Evangelist Income (subscriptions) Costs 1255 903 Net cost included in the Stafrment of Financial Affairs 31.753 Income from sales of bibles books and religious articles Income Costs (including costs of donated bibles) 45224 80 28,025 Net income includ¢d in the Statement of Financial Affairs 8,704 DonatiODS Made by the Charity 8.684 *Generous donations are received at the Second Saturday Conventions and other events and these are used to fund the activities of the Charity. 16
Anointing Fire Catholic Ministries, UK (AFCM, UK) Report and Accounts for the Year ended 30 June 2024 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 (continued) 16. STATEMENT OF FINANCIAL A1vITIEs- 2023 COMPARATIVES Unrestricled Funds 2023 Reslricled Tolal Funds 2023 Tolal Funds 2022 2023 Noles INCOME FROM.. Donations and legacies 196,372 9.164 205.536 126,566 Charilable aclivities 15 131.210 131.211 45.973 TOTAL 327,582 9.165 336. 747 172,539 EXPENDITURE ON.. Charitable activitieJ 3,15 342.023 7.654 349.677 102.121 Other 2,520 2.520 2,520 TOTAL 344.543 7.654 352.197 164,641 NET INCOME/(E¥PEND]TURE) (J6.96J) 1.5JJ (15.450) 7,898 RECONCILIA TION OF FUNDS.. TOTAL FUNDS BROUGHT FORWARD 106,554 98,656 TOTAL FUNDS CARRIED FOR WARD 89,593 1.511 106,554 17. STATEMENT OF FUNDS- 2023 COMPAIL4TlVES At l July 2022 AI 30 June 2023 Income E¥penditure Restrictedfvids." Biblesfor Prisons Marriage Supwrl BP House Projecl BPAC Tolal RestrictedFunds 170 7. 195 1.680 120 9.165 170 i. 795 1.509 120 7.654 1,400 1.511 Unreslricted Funds 106.554 327,582 344,543 89,593 Total Fund5 106,554 336. 747 352.197 9J,104 17