2023-02-28-accounts

Company registration Iiumber.. 07165173 Charity registration number.. 1154262 Disciples Fellowship Ministries UK (DFM) (A company limiied by guarantee) Annual Report alld Financial Statements for the Year Ended 28 February 2023 Cojnmunity Accounting Plus Units l & 2 North West 41 Talbot Street Nottin¥hatn NGI 5GL

Disciples Fellowship Ministries UK {DFM) Contents Reference and Administrative Details Trustees, Report 2to4 Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 8 to 15

Disciples Fellowship Ministries UK {DFM) Referenee and Administrative Details Trustees SiTnon Zimba Tonderai Puwai Salome Munanzvi Wilfred Sithole Lliveness Mhaka Stsnley Munikwa Agnes Rupango Loveness Mhaka Seeretary Senior Management Team Bishop - LeonE￿d Lupiya Reverend - Victor Sinkamba Charity Registration Number 1154262 Company Registration Nu￿ber 0716517i Registered Office Methodist Church Harrison Road Leicester LE4 6QN John O'Brien, employee of Community AccountingF Plus Units l & 2 North West 41 Talbot Street Nottiiigham NGI 5GL Independent Examiner Page I

Disciples Fellowship Ministries UK {DFM) Trustees, Report The trustees. who are directors for the purposes of company law: present the aiinual report together with the financial 5tatement5 of the charitable coinpany for the year ended 28 FebrL￿ry 20?3. Trustees and officers The trustees and officers serving during the year and sin¢e the year end were as follom's.. Trustees.. Simon Zimba TL)nderai Puwai Salome Muiianzvi Wilfred Sithole Loveness Mhaka Stsnley Miiiiikwa Agnes Rupango Kudzai Susan Kamanga {resigned 15 January 2022) Secretary.. Loveness Mhaka Structure? governance and m8nagement Naiure ofgovernlng ductsmenl The charity is a coinpany limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association daied 23102110 and as amended on 0110812012. It has no share capital and the liability ol'each member in the event of winding-up is limiied to £10. Recruilmenl &ppoinlmeptl ofiruslees The following method is adopted for the recrnitment and appointment of new trvstees.. l. Identify a need of a new trustee. Thi5 can be due to many reasons,. 2. Qualifications required Th'ill be set oiit. Candidates do not necessarily have to be TnembeTS of the charity if they have a specific skilvqualification that is required; 3. Nominations can be made from the members of the charity,. 4. Candidates will be approached: 5. Sliort-listing and intervieiv5 take place agaiiist agreed criteria. Intetviews are Ca￿led out by a small panel of trustees. ai)d each candidate is asked siinilar questions to ensure a fail and objective approach", 6. Preferred candidates are identilied and invited to join the trustees. subject to references. fonnal vetting and approval by the full trustee board. Unsuccessful candidates are notified and thanked foi theii ii)terest". 7. If the prelerted candidate aecepts ii)vitation thet) they will be nominated to be part ol. the tiustees by the full board ol'trustees. Page 2

Disciples Fellowship Ministries UK {DFM) Trustees, Report Objectives and aetivities Objects ond uims Thc charity'5 objects ('objects') are specifically restricted to the following.. l. To advance the Christian faith {in accordance with the statement of beliefs below) in such ways and in such parts of the United Kingdoin or the world as the trustees from time to time may think fit; 2. To relieve sickiiess and fiiiancial hardship and to proinote and preserve good health by the provision of ￿nds, goods or services of an}. kind: including throiigh the provision of counselling and 5UPPOrt in sucli parts of the United Kiiigdom or the world as the trustee5 from time to tiTne may thiiik fit,. and 3. To advance education in such ways and in such parts of the United Kiiiudom or the world as the trustees from time to time may think fit. The aim of L)ur charity is to empower men, women and youths by way L)f teachings b&sed on our Christian faiih. Equipping members and non members so they contribute positively to the communities they live in. Achievements and performance The lasi year has seen ihe great increase in.. l. The charity's support to the community through food parcels and groceries and financial assistance Up to £9,000 worth of goods and money provided,. 2. Support for members who ￿'ere sick and those who had lost loved ones through death in UK; 30 members., 3. Siipport to DFM churches in Africa in ensuring they supponed their members in facing financial hardship due to covid- £2.000 gnd promoting church building PToje¢ts in Africa; 4. Counselling to members who were facing a wide range of social, mental and financial problems members: 5. Preaching of the Word of God promoting good citizenship and brotherly love in the coinmunities where our churches are established - Reached thoiisands around the world via social media., 6. Dedicatioii of childreii and baptlsm. 40 Financial review The Charity's financial position can best be described as stable. We have seen coiitinued support of the charity by donors who are predominantly members. We have been able to comfortably meet our financial obligations .hilst at the sanie time bein¥ able to niake some 5avin¥s where p055ible. Our reserves and saviii¥s remain untouched. Poliry oll reserves We have a reserves policy ￿'hICh states our aim ideally is to hold in reserve sulTicient money in our general funds 10 cover one-month's expenditure for running costs. We also maintain a Building Fund (held by The Trustees for Disciples fellowship Minisiry international) in a designaied accouni for the planned piirchase of our buildings for church and community use. Public henefil Each of the activitie5 nientioned above have a direct benefit to parts of the ¥eneral public both here in the United Kiii¥doTn and broad (mainly iii Africa). The trustees conlirn) ihai they have complied with the requirements of seeiion 17 of the Charities Acr 201 I to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Page 3

Disciples Fellowship Ministries UK (DFM)

Trustees' Report

Principal risks and uncertainties

Reduced donations

General risks include any unforeseen economic downturn in the country which affected the generality of the church and thereby affecting the donors giving.

Statement of Responsibilities

The trustees (who are also the directors of Disciples Fellowship Ministries UK (DFM) for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they 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 its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

• select suitable accounting policies and apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgements and estimates that are reasonable and prudent;

state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and 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.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

The annual report was approved by the trustees of the charity on 19 November 2023 and signed on its behalf by:

Tonderai Puwai Trustee

Page 4

Disciples Fellowship Ministries UK {DFM) Independent Examiner's Report to the trustees of Diseiples Fellowship Ministries UK (DFM) ('the Company,) Independent examiner'5 report to the tru5tee5 of Disciples Fellowship Ministries UK {DFM) {'the Company,) report to the charity trustees on my examinatioii of the accounts of the company for the year ended 28 February 202). Responsibilities and basis of report As the chaiity'5 tillstees of the Company (and a150 Its directors for the PUTP05es of company law) you are responsible for the preparatioii of the account5 in accordance with the requirement5 of the Cotnpanies Act 2006 {'the 2006 Act,). Having satisfied myself that the accounts of the Company are iiot 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 seciioii 145 of the Charities Act 2011 {'the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145{5)Ib) of the 2011 Act. INdepeThdent examiner's ststtment I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not aceord with those records,. or 3. Ihe accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement Ihat the accounts give a 'true and fairf view which is noi a matter considered as part of an independent examination; or 4. the accounts have not beeii prepared in accordance with the method5 and principles of the Stateinent of Recommended Practice for accountiiibF and reportinb by charities lapplicable to charities preparinb their accountg ii) aLcordanLe with the Finai)cial Reportii)¥ Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concems and have come across no other matters in connection wilh the examination to which atientilin should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Johii OErien MSC, FATA, FLCA, FCIE, employee of Coinniunity Accounting Plu5 Fellow of tlie Association of Charity Independent Exatniners Units l & 2 North West 41 Talbot Street Noiiingham NGI 5GL 20 November 2023 Page 5

Disciples Fellowship Ministries UK {DFM) Statement of Finaneial Activities for the Year Ended 28 February 2023 (Ineluding Income and Expenditure Account and Statement of Total Reeognised Gains and Losses) Total 2023 Total 2022 Unrestricted Note Income and Endowments fro￿. Donations and legacies Charitable activities Investment income 164,725 14,739 1.714 164,725 14,739 1,714 188,273 3,140 247 Total Income 181,178 191,660 Expenditure on.. Charitable activities (160.4121 (160.4121 (137.903} Total Expenditure (160.4121 (160,4121 (137.903} Net iiicotne 20.766 20,766 53,757 Net inovemei)t in funds 20.766 20,766 53,757 Reconeiliation of funds Total funds brought forward 430,514 430,514 i76,757 Total funds catTied fo￿vard 15 451,280 451,280 430,514 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdo￿￿ for the period is shown in iiote 15. The notes on pages 8 to 15 foTm ali iiitegrnl part of these financial statements. Page 6

DisLiples FellTrivship ￿liniStr1e5 IIK I DFIM) {Re2istration number: 0716517.1) Halancc Sheet as ai 28 Fcbruar). 2112.1 2023 2022 Note Fiie(l TanTrible a%seis 2,178 4,570 Curreiit #iSSet5 Debtors 12 21,461 I'asli Ilt baiik aiid iii hand 4.31,665 453,126 161.816 4?9,191 CrL'(lit()r%.' Atn(Trunt4 fdlling duc, H'ithin ()l]L' IL'ar 14.024) 13.247) Net eui'rent assets 449,102 425.944 Net assets 451,280 430,514 Fund% ill the chdritN: L nrestricte(l iiicvme fund5 Llnreslricied fiinds 451,280 430.514 15 451.280 430,514 F-or Ilic f1nancial icar ciidiiio _¥ F-cbriiai) ?U•", 477 nf Ihc C'onipaiiic% Aci ?111)6 rclillinfi I hc dircctors ackiioii,Icd?c thcir rcspoiisibilitics for coiiipli'iiio li iih thc riqiiirciiicnls of ilie Aci li ith rcspcct io coinpaiii¢5 Tlic fiiiaiiciiil slatClllClllS 011 Plincs 6 10 1 f were approkcd b) the IrusiLes. and aiiilioriscd for issiie on 19 Trusiee

Disciples Fellowship Ministries UK {DFM) Notes to the Finantial Statements for the Year Ended 28 February 2023 Aeeounting polieies Sumrnary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparaiion of these financial statsments are set out below. These policies have been consistently applied to all ihe years presented, unless othenvise stated. Statement of eomplik)nee The fingncial statements have been prepared in accordance with Accounting and Reporting by Chariiies.. Statement of Recoinmended Practice {applicable to chariiies preparing their accounts in accordance with the F inancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021) {issued iii October 20191 (Charities SORP IFRS 102)), the Fillancial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) alld the Companies Aci 2006. Basis of preparation Disciples Fellowship Ministries UK (DFMI meets the definition of a public benefit entity under FRS 102. Assets and liabilitie5 are initiallv recognised at historical cost or transaction value unless otherwise stated iji the relevant accounting policy notes. Going coneern The financial stalemeiits have been prepared on a going concem basis. The tiustees assess whetl)er the use of goii)g eoneetli 15 appropriate i.e. whether tl)ere ale any material uncertainties related to events or conditions that may cast significant doubt oli the ability of the charity to coiitinue as a ¥oin¥ LonLern. The trustee5 make thi5 as5es5ment in respect of a period of one year from tl)e date of approval of the financial statements. Exemption from preparing a eash tIow 5tat¢ment The charity op￿d to early adopi Bulletin I published on 2 February 2016 and have therefore not included a cash flow sthrement in these financial siatements. Income 8nd endowments Voluntary income including donations, gifts. legacies and grants that prlivide core funding or are of a general naiure is recognised when the charity has eniitlement io ihe income. li is probable thai the income M'ill be received and the amouni can be measured wilh sufficieni reliability. Donations are recognised when the charity has been notified in m￿lting of both the amount and settlement date. lil the event that a donatioii is subject to conditions that require a level of perfonnance by the charity before the charity is entitlcd to the funds, the income is deferred and iiot recognised until either those conditions are fully et. or the fulfilment of those coiiditions 15 wholly Th'ithin the control of the charity. and it is probable that these conditions will be fulfilled in the reportin¥ period. Page 8

Disciples Fellowship Ministries UK {DFM) Notes to the Finantial Statements for the Year Ended 28 February 2023 Expenditure All expcnditiir¢ is r￿Qgnised once there is a legal or constructive obligation to that ¢xp¢nditur¢, it is probable settlemcnt is required and the amoiint can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregaie similar costs to that ¢ategnry. Where cost% cannot be dire¢tl}' attribiit¢d to particular headiiig% they havc been allocated on a basi% con%istent with the use of resoiirces, with Central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of th¢ asset's use. Other support costs are all￿ated based oii the spread of stsff costs. Chtsrltthble aeilvliles c.haritable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneliciaries. It includes both costs that cai) be allocated directly to such activities and those costs of an indirect nature necessary to support them. Taxatio The charity is CL)nsidered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the chariry is potentially exempt from taxation in respect of income L)r capital gains received within categories covered by Chapter i Part I l of the Corporation Tax Act 201 O or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to chariiable purposes. Tangible fixed assets Individual fixed assets costing £250.00 or more are initially recorded at cost. DepreeiAtion and amortisation Depreciation is provided on tangible fixed assets so as to ￿TIte off the cost or valuation, less any estimated residual value, over their experted usefvl economic life as follows.. Asset elass General equipment Computer equipment Furniture & equipment Motor vehicles Depreeiation method and rate 20 /0 on a straight line basis 20 % on a straight line basis 20 /0 oli a straight line basis 20 % 01) a straight line basis Trade debtors Trade debtors are atnounts due from customers for merchandise sold or services perfomied in the orditjary eourse of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method. less provision for iinpainneiit. A provision for the iinpainnent of trade debtors is established w.heii there is objective evidence that the charity will iiot be able to collect all amounts due according to ihe L)riginal tern)s of the receivables. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits. and other short-tem) highly liquid investments that are readily CL)nvenible to a known amount of cash and are subjeci to an insignificant risk of change iii value. Page 9

Disciples Fellowship Ministries UK {DFM) Notes to the Finantial Statements for the Year Ended 28 February 2023 Fund strueture ljnrcstrictcd in¢ome funds are general ￿ndS that are available for use at the trustees, discretion in furtheran¢e of the obj¢rtiv¢s of the charity- Designated fund5 are unrestricted funds Set aside for specific purposes at the discretioii of the trustees. Pensions and other post retirement oblig8¢ion5 The Lharity operateg a defii)ed contribution pension scheme for employees. The assets of the scheme are held separately from thtsse of the charity. Pension costs charges in the Stateinent of Financial Activities represent the Contributions payable by the charity during the year. 2 Income from donations and legacie5 Unrestrieted funds General Total 2023 Total 2022 Donations and legacies; Dtsnations from ii)dividuals Gift aid reclaiined 158,672 6,053 158,672 6,053 134,157 54,116 164,725 164.725 188,273 3 Income from eharitable activities Unrestricted fund5 General Total 2023 Total 2022 Product sales Conference fees 170 2,970 14.724 14,724 14,739 14,739 3,140 4 Investment income Unrestricted funds Designated General Total 2023 Total 2022 Inierest receivable and similar income; Interest receivable on bank deposits 1,039 675 1,714 Page 10

Disciples Fellowship Ministries UK {DFM) Notes to the Finantial Statements for the Year Ended 28 February 2023 5 Expenditure on eharitable activities Unrestricted funds Designated General Total 2023 Total 2022 Bank charges Cleaning Catering & hospitality Conferences & events Cotnputer5, software & media Decorations Depreciation Dues & subscriptions Grants given Insurances Legal & professional fees Office & g5eneral adiniii Financ£ costs 159 450 159 450 92 1,560 222 25.138 320 i05 2,787 1,225 15,539 1.938 5,29? 156 25,li8 320 305 2,787 1,225 15,539 1.9?8 0,407 156 918 2.201 8,973 1,997 8,696 1,997 3,207 2.146 874 1,09i 1,930 1,09i 1,930 Printing, stationery & telephone Pastoral clothing Rent & rooin hire Vehicle repairs & maintenance Staff welfare 1,550 24,975 24,975 28,615 220 1,075 56,532 5,140 10,872 2,960 1,075 Salarie5, PAYE & pension5 Speakerfs gifts Travel & ac¢ommodation Siorage costs 61,041 3,740 7,847 1,778 5,140 10,872 2,960 159,297 160,412 137,903 6 Net iThcomingloutgoing resources Net incoming resources for the year include.. 2023 2022 Depreciation of fixed assets 2,787 8,97i Page 11

Disciples Fellowship Ministries UK {DFM) Notes to the Finantial Statements for the Year Ended 28 February 2023 7 Staff eosts The aggr¢gat¢ payroll costs were as follows.. 2023 2022 St8ff £0s¢s during the year were: Wages and salaries Social security costs Pension costs 54,951 395 1,186 59,?35 620 1,186 56,532 61,041 The monthly average number L)f persons (including senior management team) employed by the charity during the year was as follows.. 2023 No 2022 No Average number of employees 212022- 2) of the above employees participated in the Defined Contributioii Pension Schemes. Contributions to the employee pensioi) ￿heMeS for the year totalled £1,18612022 £1,186). No employee received emoluments of more thgn £60,000 diiring the yew. The tothl employee benefits of (he key management personnel of the charity were £56.429 {2022- £57.936). 8 Fees payable to independent examiner During the period, the fees payable (excluding VAT) io the charity's independent examiner Community Accounting Plus are analysed as follows.. 2023 2022 Independeni examiiiation 700 9 Charity status The charity is a chartty limited by giiarantee and consequently does not have share capitsl. Each of the trustees is liable to contribute an amount not exceeding £1 O towards the assets of the charity in the event of liquidation. 10 Taxation The charity is a registered charity and is therefore exempt from taxation. Page 12

Disciples Fellowship Ministries UK {DFM) Notes to the Finantial Statements for the Year Ended 28 February 2023 I l Tangible fixed assets Furnlture and equipment Computer equipment General ¢quipmenl Motor vehi¢1¢5 Total Cost At l March 2022 Additions 3,691 15,000 7,242 60,762 86,695 395 At 28 February 2023 3,691 15,000 7.242 61,157 87,090 Depreciation At l March 2022 Char¥e for the year 3,342 275 15,000 6,526 489 57,257 2.023 82.125 2,787 At 28 February 2023 3,617 15,000 7,015 59,280 84,912 Net book value At 28 February 2023 74 227 1,877 2,178 At 28 February 2022 349 716 3,505 4,570 12 Debtors 2023 2022 Prepayments Other debtors 514 20,947 1.013 66,362 21,461 67,375 Debtors includes £? 738 (2022.. £4,742) receivable after more tha]i one year. 2023 2022 Other debtors 2,738 4,742 13 Cash and Cash equivalents 2023 2022 Cash at bank 431.665 361,816 Page 13

Disciples Fellowship Ministries UK {DFM) Notes to the Finantial Statements for the Year Ended 28 February 2023 14 Creditors: amounts falling due Ivithin one year 2023 2022 Other taxation and S￿la] securiry Other credits)rs 1,489 2,176 1.071 4,024 3,247 15 Funds Balance at I March 2022 Incoming resources Resource5 expended Balance at 28 February 2023 Unrestricted funds Gener&1 General Fund 243,862 180,139 {159,297} 264,704 Designuled Building Fund 186,652 1,039 186,576 Total funds 430,514 181,178 {160.412} 451 ?80 Balanee at I March 2021 Ineoming resourees Resourees expended Balance at 28 February 2022 Unrestricted fund5 Generol General Fund 188,255 191,178 {135,571} 243,862 De.signuled Building Fund 188,502 482 (2,332) 186,652 Total funds 376,757 191,660 (137.903} 430,514 The specific purposes foi which the funds are to be applied are as follows.. The designated Buildii)g Fund are the funds raised for the future purchase of a place of worship. Page 14

Disciples Fellowship Ministries UK {DFM) Notes to the Finantial Statements for the Year Ended 28 February 2023 16 Analvsis of net assets between funds Unrestricted 2023 Total fund5 General Designated Tangible fixed assets Curreni asse(s Curret)t liabilities 2,178 266.550 (4.024) 2,178 453,126 14,024} 186.576 Total net assets 264,704 186,576 451 ?80 Unrestricted 2022 Total funds General Designated Tangible fixed assets Current assets Current liabilities 4,570 242,539 3,247 4,570 429,191 13,247 186,652 Total net assets 243,862 186,652 430,514 17 Trustee5 remuneration and expenses During Ihe year the charity made the following iransaciions with trustees.. Agnes Rupango £40012022.. £180) of expenses were reimbursed to Agnes Rupango during the year. Durin¥ this year A Rupan¥o received an hoiiordrium. No irusiees have received any other benefiis from the charity during the year. 18 Related party transactions During the year the charity made the following related parry transactions.. Bishop Lupiva {Bishop Lupiya is an employee of Disciple5 Fellowship Ministrie5 Uk) In ?020 a loan was made to Bishop Liipiya. The Loan was for £10,750 and repayineiits of thi5 are made each Tnonth as a deduction of salary over 5 years. £2,004 has been repaid this year. At the balance sheet date the amouiit due fro￿ Bishop Lupiya wa5 £4,742 (2022 - £6,746). Rev Hlala In 2020 a loan was given to Rev Hlala L)f £600. £100 was repaid early on and the full amount is repaid soon after the year end. At the balance sheet date the amount due from Rev Hlala was £500 (2022- £500). Page 15