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2024-03-31-accounts

Trustees’ Annual Report for the period

From: 01/04/2023 Period start date To: 31/03/2024 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
benefit

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 atached/included
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22
Amount of reserves held Para 1.22 £11,690
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 donaton 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 Organisaton
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

27/03/2025

Faithway Global Ministries Faithway Global Ministries Faithway Global Ministries 1158899 1158899
Receipts andpayments accounts CC16a
For the period
from
For the period 4/1/2023 To 3/31/2024
Section A Receipts and payments
Unrestricted
funds
Restricted
funds
Endowment
funds
Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Income from Donations
60,465
-
-
60,465
82,124
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
60,465
-
-
60,465
82,124
Sub total(Gross income for AR)
~~======~~
-
-
Sub total -
Total receipts 60,465
A2 Asset and investment sales,
(see table).
~~SS S51~~
~~S51~~ -
-
-
-
-
-
-
-
-
-
-
-
-
60,465
82,124
~~S51—~~
A3 Payments
Rent 11,363 - - 11,363 11,350
Gas/Electric 473 - - 473 1,968
Tel & Broadband 944 - - 944 1,084
Car Maintenance/Travel 3,825 - - 3,825 4,070
Media 493 - - 493 1,122
Equipments 4,227 - - 4,227 8,643
Print/Stationery 700 - - 700 130
Donation/Support 8,130 - - 8,130 6,915
Honorarium 15,523 - - 15,523 32,089
Subscription 1,048 - - 1,048 80
Refreshment 5,407 - - 5,407 3,875
BuildingMaintenance/Decorations 4,290 - - 4,290 1,692
Consultancy/Admin 260 - - 260 2,685
Christian Education 8,685 - - 8,685 570
Miscellaneous expenses - - - - 510
Sub total 65,368
-
- -
65,368
76,783
-
-
-
-
Sub total -
-
Total payments 65,368
-
A4 Asset and investment
purchases, (see table)
~~SSS ~~
-
-
-
-
-
-
-
-
-
-
-
-
65,368
76,783
~~SS—~~
Net of receipts/(payments) - 4,903
-
-
- 4,903
5,341
A5 Transfers between funds
-
-
-
-
-
A6 Cash funds last year end
16,593
-
-
16,593
11,252
Cash funds this year end 11,690
-
-
11,690
16,593
~~===>~~

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 £
11,690
-
-
-
-
-
11,690
-
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 3/27/2025

Trustees’ Annual Report for the period

From: 01/04/2023 Period start date To: 31/03/2024 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
benefit

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 atached/included
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22
Amount of reserves held Para 1.22 £11,690
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 donaton 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 Organisaton
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

27/03/2025