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← Afm International Min Nottingham

2024-03-31-accounts

AFM International Min Nottingham

Registered Charity Number: 1153898

Annual Report and Financial Statements

31 March 2024

AFM INTERNATIONAL MIN NOTTINGHAM

CONTENTS

Page
Administrative details 3
Trustees’ Report 4
Independent Examiner’s report 7
Statement of Financial Activities 8
Balance Sheet 9
Accounting Policies 10
Notes to the Financial Statements 12 - 15

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AFM International Min Nottingham

AFM International Min Nottingham Trustees hereby present their annual report for the year ending 31 March 2024 under the charity Act 2016, together with the annual accounts for the period and confirm that the later comply with the requirements of the charities Act & the Trust Deed (GD2)

Charity Name : AFM International Min Nottingham

Registered Charity number : 1153898

Charity's Principal Address: 173 Wollaton Vale, Wollaton Nottingham, NG8 2PE Structure, Governance & Management

Names of the Charity Trustees who manage the Charity:

Patrick Dzwekesu Chairperson
Chiromo Makina Secretary
Moses Sigauke Committee member

Church Main board

Church Mainboard
Paul Naison Mhunduru Chairperson (Pastor)
Clarah Mupeta Secretary
Israel Rarami Treasurer
Francis Ndhlovu Committee Member
Last Chaziremunhu Committee Member
Morgen Mupeta Committee Member
Nomore Muchenje Committee Member

Description of the charity 's trusts

Description of the charity 's trusts
Governing Document Trust Deed, Constitution
Constituted BOT & Church Main Board
Trustee Selection Methods Appointment/Election

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AFM International Min Nottingham

AFM INTERNATIONAL MIN NOTTINGHAM Report of the Trustees Continued For the year ended 31 March 2024

The trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2024.

The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2015)

OBJECTIVES AND ACTIVITIES

The objective of the Charity is to advance the Christian faith worldwide and relief of poverty in accordance with doctrine set up in the Statement of Faith in the governing document. We believe in God Eternal, triune, almighty creator, sustainer and ruler of all creation. We believe in God the Father, the author of creation and salvation.

We believe in Jesus Christ the only Son of God the Father, true God who for the sake of humanity and its salvation, descended from heaven and became flesh, who was conceived by the Holy Spirit and was born by the virgin Mary, who lived on earth and was crucified, died and was buried, who rose from the dead and ascended to heaven where He is seated at the right hand of the Father. We believe in the Holy Spirit, true God proceeding from the Father and the Son, who convicts the world of sin, righteousness and judgement and leads in all truth.

We believe that the Bible is the word of God, written by men as the Holy Spirit inspired them. We believe that it authoritatively proclaims the will of God and teaches us all that is necessary for salvation.

We believe that all human beings are created in the image of God; due to their sinful rebellion, this image is marred, that all have sinned before God and it is the will of God that all people should receive salvation through faith in Jesus Christ.

We believe in the baptism in the Holy Spirit with the initial evidence of speaking in tongues as promised to all believers.

We believe in the manifestation of the gifts and fruit of the Spirit in the life of a Christian. We believe that a Christian should be a disciple of Jesus Christ living a consecrated and holy life. We believe that Jesus Christ is the Head of the Church, which is constituted by the Holy Spirit and consists of born-again believers. The Church is responsible for the proclamation and demonstration of the gospel and God's will to people. As a charismatic community they fellowship with and edify one another.

We believe that the believer's baptism by immersion and the Lord's Supper are institutions of Christ to be observed by the Church.

We believe that at the time appointed by God, Christ will come to take away his Church. We believe in a day of judgement when Jesus Christ will judge the living and the dead.

We believe in the resurrection of the body and eternal life for the righteous and eternal punishment for the wicked.

We believe in the new heaven and the new earth where God will reign in glory.

Other objectives of the Charity include the following:

Youth training in human and social development Continual provision for the welfare for the poor and the needy. Relief in times of national and international disasters.

To help n children's ministries that is Sunday school where morals are taught Marriage counselling and family support.

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AFM International Min Nottingham

Objectives and aims

The trustees have considered the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.

ACHIEVEMENTS AND PERFORMANCE

to maintain and promote the good order for the realisation of which the church has the following documents it uses. All assemblies having the name of the church, Logo and sharing the same charitable objectives shall be registered separately with the Charity Commission but shall be directly linked to and governed by the Church Constitution of the main Charity. The Logo, the Constitution and Regulation shall be the same for every registered local Assembly.

The assembly receive and administer tithes, offerings and other funds as detailed in the Financial, Management, Policies and Procedures Handbook.

Assembly Boards shall have jurisdiction over all the affairs pertaining to the Local Assembly. They shall, with regard to their own assembly members, function as a court for disciplinary matters according to the Church Members, Discipline and Appeals Procedures. The last two documents used by the charity are the Children Protection Policy and the Rule of Order.

Financial Review

At the end of the year AFM International Min Nottingham had unrestricted funds totaling £39,857.00 Total income received during the year was £28,203.00 and amount spend during the year was £21,796.00 .

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AFM International Min Nottingham

AFM INTERNATIONAL MIN NOThNGHAM Report of the Trustees Continued For the sear endd 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The trustees present their annual report and accounts for the year ended 31 March 2024. The board of trustees are satisfied wrth the performan￿ of the charity during the year and the position at year ended 31 Ma￿h 2024 and consider that the chaiity is in a strong FQSition to continue its activitses during the coming year, aryj that the charitls assets are ajequate to fulfil its obligalions. The AFM Intemational Min Nottingham affiftabj to the National Chartty called the Apostolic Faith Mission Intetnational Ministries IUK)Chartty No. 1￿543. Regtstered on the 17th March 2003. The Apostolic Faith Mission Intemational Ministries (UK) (Charity No. 1096543) consist of an overall goveming board fom the Chariiy knoym as the Nab"onal Vvorkers Council {NWC). The adminislrative committee is known as the National Apostolic Council {NAC}. Having recognised the challenges of (x)nliol, accountabilty and lack of effiuency that are aSS￿lat￿j wilh a centralised structure, the National TrUst￿S have agreed with the NWC that Assemblies must d￿ntralise atMJ register indivmjually with the Charity C¢)mmisston as separate thartlies. This was a move to improve efficiency by bringing accountabilty doser to the assemblies whete the activitEs are happening. So, each charity will have its o¥vn trust￿. Most assemblies, including Nottingham haKE now registered as Charities. RecrUitn￿nt and appolnlment of newtntstees REFERENCE AND ADMINISTRATIVE INFORMATION Name of Chaiity Charity registralion nurnber Principal Address AFM INTERNATIONAL MIN NOThINGHAM 1153898 173 Wollaton Vale. I￿lOn, Nottiruham. NG8 2PE Trustees The trustees and off￿r$ serving during the year and since the year end Y￿re as follows: Chairperson Secretary Committee member Patrick Dzwekegj Chiromo Makina Moses Sigauke Independenl Examiners Notion Accountancy Ltd 23 Lilteshall Road Shekjon, Birmingham B26 2QN Approved by the Board of Trustees and signed o behalf by . Patrtck Dzwekesu Trust￿ Chaitperson Signature.... 01 QaLC AFM Irternational Min Nottrnghèm AFM International Min Nottingham

Independent Examiner's Report

The Management and Board of Trustees of AFM International Min Nottingham, who are registered as a charity, appointed me to independently examine their trustees' report, financial reports and the accompanying notes.

Responsibilities of Management and Board of Trustees

My Responsibility

To carry out procedures such as analytical reviews, comparing the published reports to the financial records kept by the charity and enquiring from those tasked with the governance of the charity any matters that need clarity.

I also considered the disclosures of material facts in the financial reports and the going concern of the charity.

The nature and extent of my examination did not provide appropriate and adequate audit evidence and therefore no audit opinion is provided in this report.

Independent Examiner's statement

ln the course of my examination, no matters came to my attention which give me reasonable cause to believe that in any material respect the requirements:

02/01/2025

Ranganai Kwangware FCCA BA(Hon) Acc On Behalf of Notion Accountancy Ltd

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AFM International Min Nottingham

AFM International Min Nottingham

Statement of Financial Statement

For the year ended 31 March 2024

Notes 2024
2024
Unrestricted
Restricted
£
£		 2024
Total
£
28,203
28,203
8,175
5,971
6,950
-
700
21,796

6,407
-

6,407
32,749

39,156		 2023
Total
£
Incoming resources
Incoming resources from generated funds
voluntary income
2
Total incoming resources
Resources expended
Charitable activities
Church running costs
5
Spiritual leadership costs
6
Community building
7
Other costs
8
Governance costs
9
Total resources expended
Net (Outgoing)/Incoming Resources funds Before transfers
Transfers
Gross transfers between funds
Net movement in funds
Reconciliation of Funds:
Total funds brought forward
Total funds carried forward		 28,203
-		 16,485
28,203 - 16,485
8,175
5,971
6,950
-
700		 72
7,520
5,059
-
500
21,796 - 13,151
6,407 -
-		 3,334
-
6,407 - 3,334
32,749 - 29,415
39,156 - 32,749

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AFM International Min Nottingham

AFM International Min Nottingham Balance Sheet as at 31 March 2024

Notes 2024 2023
£ £
Fixed assets
Tangible assets 10
Instruments - 0
- 0
Current assets
Debtors 11 5,433 3,230
Cash in hand and at bank 12 34,424 30,018
39,857 33,249
Creditors: Amount falling due within one year 13 701 500
Net current assets 39,156 32,749
Total assets less current liabilities 39,156 32,749
Net assets 39,156 32,749
Total charity funds
Unrestricted funds 39,156 32,749
Restricted funds - -
39,156 32,749

For the year ended 31 March 2024 the charity was entitled to exemption from audit under Sec 477 of the Companies Act 2006 relating to small companies.

• The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with Sec 476.

• The Trustees acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and preparation of Accounts. These Accounts have been prepared in accordance with the provisions applicable to companies subject to the Small Companies regime.

The financial statements were approved and authorised for distribution by the Board on 16/01/2025

and signed on its behalf by Chairman Patrick Dzwekesu Signature

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AFM International Min Nottingham

AFM International Min Nottingham

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

1. ACCOUNTING POLICIES

The principal accounting policies, all of which have applied consistently throughout the year, are set out below.

1a. Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

• and with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014

• and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

1b. Going Concern

AFM International Min Nottingham is still in operation as a going concern

1c. Fund accounting

Unrestricted funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity. Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

1d. Incoming resources

Voluntary income, including donations, gifts and legacies and grants that provide core funding or are of a general nature, are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.

Investment income is recognised on a receivable basis,

Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.

1e. Resources expended

Expenditure is recognised when a liability is incurred. Funding provided through contractual agreements and performance related grants are recognised as goods or services supplied.

Other grant payments costs of generating funds are those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.

Governance costs include those incurred in the governance of its assets and are primarily associated with constitutional and statutory requirements.

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, e.g., allocating office property costs by floor areas, management and human resources

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AFM International Min Nottingham

costs by the number of staff, and finance and IT costs by work done.

b. Those donated for onward transmission to beneficiaries (chiefly clothing, food and medical supplies) are included in the statement of financial activities as incoming resources and resources expended when they are distributed. They are valued at the amount the charity would have had to pay to acquire them.

The charity has not received any goods for use by the charity itself. The value of services provided by volunteers were not incorporated into these financial statements. Where services are provided to the charity as a donation that would normally be purchased from our suppliers this contribution is included in the financial statements at an estimate based on the value of the contribution to the charity.

1g. Tangible fixed assets and depreciation

Tangible assets are stated at cost and depreciated over their useful economic lives at the following rates:

Fixture and fittings 4 years Equipment 5 years Computers 3-4 years

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AFM International Min Nottingham

AFM International Min Nottingham

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024
2. Voluntary income
Donations
Love offering
Gift Aid
Subscriptions
Tithes
3. Activities for generating funds
4. Other Income
5. Church running costs
Rent church lease
Depreciation of instruments
6. Spiritual leadership costs
Travel costs
Personage Allowance
Honorariums
Pastor's Council Tax
Pastor's Water Bills
Support cost		 2024
Unrestricted
£		 2024
Restricted
£		 2024
Total
£
270
2,624
5,500
571
19,238
28,203
-
-
8,175
-
8,175
1,949
-
1,150
2,398
474
-
5,971		 2023
Total
£
270
2,624
5,500
571
19,238		 - -
1,313
3,297
-
11,875
28,203 - 16,485
- - -
- - -
8,175
-		 -
72
8,175 - 72
1,949
-
1,150
2,398
474
-		 4,606
-
700
1,741
473
-
5,971 - 7,520

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AFM International Min Nottingham

AFM International Min Nottingham

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2024

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024
7. Community Building
Board meeting expenses
Regional and National Contributions
Insurance
Donations
Printing and Stationery
8. Other costs
Missions
Donations
9. Governance costs
Independent Examination
Accountancy		 2024
Unrestricted
£		 2023
Unrestricted
£
120
5,876
-
790
164
6,950
-
-
-
150
550
700		 -
4,223
222
500
114
5,059
-
-
-
150
350
500

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AFM International Min Nottingham

AFM International Min Nottingham

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2024

2024 2023
Unrestricted Unrestricted
10. Tangible assets £
£
Instruments
Cost:
at 1 April 2023 2,528 2,528
Additions - -
Disposals - -
2,528 2,528
Depreciation:
at 1 April 2023 2,528 2,456
Charge - 72
Disposals - -
at 31 March 2024 2,528 2,528
Net book value: - 0

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AFM International Min Nottingham

AFM International Min Nottingham

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 March 2024
11. Debtors
Gift Aid
Other debtors
12. Cash in hand and at bank
Cash at bank - Main Church
Cash at bank - Ladies
13. Creditors : amounts falling due within one year
Trade creditors
Pension
PAYE & NI		 2024
Unrestricted
£		 2023
Unrestricted
£
5,389
44
5,433
34,303
121
34,424
701
0
0
701		 3,186
44
3,230
29,938
80
30,018
500
0
0
500

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AFM International Min Nottingham