2023-03-31-accounts - Faithway Global Ministries

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Trustees’ Annual Report for the period

From: 01/04/2022 Period start date To: 31/03/2023 Period end date Charity name: Faithway Global Ministries

Charity registration number: 1158899

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	To advance the Christian faith in accordance with the statement of faith in the immediate surroundings of Coventry and extending to other parts of the UK and worldwide as far as resource will permit. To advance education and training with a view to building skills and employment capacities among young people.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	We undertake the following in pursuance of the above objectives: 1. Christian base education 2. Leadership training 3. Youth leadership seminars 4. Sports 5. Bible schools 6. Volunteer jobs for work experience
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The trustees have had regard to the guidance issued by the Charity Commission on public beneft

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by

volunteers Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	We have set up a youth club where young people are able to meet and connect with one another. Is also a learning hub for sharing information among young people. We run marriage counselling programmes to help promote better stable family. We also run regular programme on mental health with the congregation and the community. We run sports activities for young people to be encouraged in physical activities. The church also run music events and offer free trainings on musical instruments.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41
Performance of fundraising activities against objectives set	Para 1.41
Investment performance against objectives	Para 1.41
Other

Financial Review

Review of the charity’s financial position at the end of the period	Para 1.21	Account attached/included
Statement explaining the policy for holding reserves stating why they are held	Para 1.22
Amount of reserves held	Para 1.22	£16,592.62
Reasons for holding zero reserves	Para 1.22
Details of fund materially in deficit	Para 1.24
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Additional information (optional) You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47	Voluntary donation from the members including the Trustees
Investment policy and objectives including any social investment policy adopted	Para 1.46	N/A
A description of the principal risks facing the charity	Para 1.46	The going concern risk facing the church includes 1. The impact of the increasing cost of living, 2. And any further pandemic or tragic issue of long lockdown will affect the financial strength of the church and subsequently on its operation.
Other

Structure, Governance and Management

Description of charity’s trusts:		Charitable Incorporated Organisation
Type of governing document (trust deed, royal charter)	Para 1.25
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	Registered with charity commission on 17 October 2014
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Currently there are three people who constitute the board of trustees. However, their continuous stay in service is subject to regular review and approval by the church.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	FAITHWAY GLOBAL MINISTRIES
Other name the charity uses
Registered charity number	1158899
Charity’s principal address	38 Briscoe Road Coventry CV6 4JP

Names of the charity trustees who manage the charity

Trustee name	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
Theophilus Davies	03/0/2023	Board of Trustees
NADIA OSEI
Rev. Bernard Owusu Afriyie Antwi
Gabriella Anyama Antwi	14/02/2023	Board of Trustees

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Rev. Bernard Owusu Afriyie Antwi

Full name(s) Rev. Bernard Owusu Afriyie Antwi

Position (eg Secretary, The Head Pastor Chair, etc)

Date

20/03/2024

Faithway Global Ministries

1158899

Receipts and payments accounts

CC16a

For the period 4/1/2022 3/31/2023 To from

Section A Receipts and payments

Section A Receipts and payments
A1 Receipts Income from Donations 82,124 - - - - - - - 82,124 - - Sub total - Total receipts 82,124 Unrestricted funds to the nearest £ *Sub total*(Gross income for AR) A2 Asset and investment sales, (see table).	to the nearest £ - - - - - - - - - - - - - Restricted funds	to the nearest £ Endowment funds	Total funds to the nearest £ 82,124 - - - - - - - 82,124 - - - 82,124	Last year to the nearest £
		- - - - - - - - -	82,124	48,857
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			-	-
			82,124	48,857

		- - -	-
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			-	-

	-	-	82,124	48,857

- - - - - - - - - - - - - - - - - - - - - - - -		11,350 1,968 1,084 4,070 1,122 8,643 130 6,915 32,089 80 3,875 1,692 2,685 570 510 76,783 - - - 76,783 5,341 - 11,252 16,593
	- - - - - - - - - - - - - - - -	11,350	21,431
		1,968	1,225
		1,084	759
		4,070	1,982
		1,122	965
		8,643	2,300
		130	1,400
		6,915	5,980
		32,089	9,300
		80	105
		3,875	2,155
		1,692	343
		2,685	300
		570	578
		510	1,041
		76,783	49,864

	- - -	-
		-
		-	-

	-	76,783	49,864

-	- - - -	5,341	- 1,006
-		-	-
-		11,252	12,258
-		16,593	11,252

Section B Statement of assets and liabilities at the end of the period

Details Bank balance Details Details Details Details Signature Rev. Bernard Owusu Afriyie Antwi *Total cash funds* (agree balances with receipts and payments account(s))	to nearest £ to nearest £ 16,593 - - - - - 16,593 - OK OK to nearest £ to nearest £ - - - - - - - - - - - - Cost (optional) - - - - - Cost (optional) - - - - - - - - - - - - - - Print Name Rev. Bernard Owusu Afriyie Antwi Unrestricted funds Restricted funds Unrestricted funds Restricted funds Fund to which asset belongs Fund to which asset belongs Fund to which liability relates Amount due (optional)	to nearest £ Endowment funds
		-
		-
		-
		-
		OK
		to nearest £ Endowment funds
		-
		-
		-
		-
		-
		-
		Current value (optional)
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		-
		-
		-
		-
		Current value (optional)
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		-
		-
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		-
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		-
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		-
		When due (optional)






		Date of approval
Rev. Bernard Owusu Afriyie Antwi	Rev. Bernard Owusu Afriyie Antwi	3/20/2024

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Charity Name Faithway Global Ministries	Charity Name Faithway Global Ministries	Charity Name Faithway Global Ministries

31 March 2023	Charity no (if any)	1158899

Form CC16a Attached (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2023. As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent The charity’s gross income is £82,124 and I am qualified to undertake the examiner's statement examination by being a qualified Fellow of Association of Chartered Certified Accountants (ACCA) .

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Please delete the words in the brackets if they do not apply.

Signed: Name: Relevant professional qualification(s) or body (if any): Address:	Emmanuel Kwabla Dzakpasu	20/03/2024

	Emmanuel Kwabla Dzakpasu

	Association of Chartered Certified Accountants (ACCA Fellow)

	65 Westmorland Road

Oct 2018

IER

Coventry, UK CV2 5BP

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

IER