## **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** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**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**| |||||| |||**-**
**-**
**-**|**-**|| ||||**-**|**-**| ||||**-**|**-**| |||||| ||**-**|**-**|**82,124**|**48,857**| |**A3 Payments**
Rent
**11,350**
Gas/Electric
**1,968**
Tel & Broadband
**1,084**
Car Maintenance/Travel
**4,070**
Media
**1,122**
Equipments
**8,643**
Print/Stationery
**130**
Donation/Support
**6,915**
Honorarium
**32,089**
Subscription
**80**
Refreshment
**3,875**
BuildingMaintenance/Decorations
**1,692**
Consultancy/Admin
**2,685**
Christian Education
**570**
Miscellaneous expenses
**510**
**_Sub total_ 76,783**
**-**
**-**
**_Sub total_ -**
**_Total payments_ 76,783**
**_Net of receipts/(payments)_ 5,341**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**11,252**
**_Cash funds this year end_ 16,593**
**A4 Asset and investment**
**purchases, (see table)**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**||**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** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
Signed by one or two trustees on
behalf of all the trustees|**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)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**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** |**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**
**Responsibilities and**
**basis of 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|| 1 **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** . 2 **Oct 2018** **IER**