Faith Power Christian Centre
Trustees Annual Report
The trustee, who is also a direttor of the charity for the purposes of the Companies Att 2006,
presents their report with the unaudited financial statements of the charity for the year ended 31
December 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. CE007796
Charity No. 1168106
Principal Office
463 East Bank Road
Sheffield
S2 2AE
Registered Office
463 East Bank Road
Sheffield
S2 2AE
Dirertor and Trustee
The Director of the charitable company are its Trustee for the purposes of charity law.
The following Dirertor and Trustee served during the year:
V. Hakunandaba
Dirertors of Corporate Trustees
Bishop Velapi Hakunandaba
Godwin Karimatsenga
Takudzwa Hungoidza
Lisa Tinotenda Ndelemani
Accountants
KBN Accounting Services
40
Hazlebarrow Grove
58 8AT
OBJECTIVES AND ACTIVITIES
The purpose of this church is to promote the furtherance of Chrisvs kingdom here on earth by the preaching
of the whole counsel of God as contained in his inspired word, and to carry on any other activities which
further any of the Trust Purpose/mission above.
The Prevention Or Relief Of Poverty
Page 2

Faith Power Christian Centre
Trustees Annual Report
The main activities is to advance the Christian faith in such ways and in such parts of the United Kingdom. To
relieve sickness and financial hardship and to promote and preserve good health by the provision of funds,
goods or services of any kind including through the provision of counselling and support in such parts of the
United Kingdom or the world as the trustees from time to time may think fit.
Faith Power Christian Centre holds weekly church meetings on Sunday'5 and Wednesday's as well as hosting
conferences in Sheffield and attending other church meetings in the UK.
Faith Power Christian Centre IFPCCI is committed to enabling as many people as possible to worship at our
church. When planning the activities forthe year the trustees has considered the Commission's guidance on
public benefit and in particular the specific guidance on charities for advancement of religion.
To advance the Christian faith in such ways and in such parts of the United Kingdom funds, goods or services
of any kind including through the provision of counselling and support in such parts of the United Kingdom or
the world as the trustees from time to time may think fit.
To relieve sickness and financial hardship and to promote and preserve good health by the provision of
ACHIEVEMENTS AND PERFORMANCE
At International level, Faith Power Christian Centre has planted 5 new related churches in Zimbabwe which
started with about ten members and has since grown to well above one hundred members as at present.
This has helped the community as well contributing to reducing crime in the area. The ministry is helping
people to develop and to do self-reliant projects and reducing stress and poverty.
The church has been supporting the community by providing food and clothes to those in need.This year we
have been successful in welcoming more families into our church and have agreed a new style of Family
Worship every Firiday evenings.The new arrangement has been well received since it came in operation
As well as our regular services, we enable our community to celebrate and thank God at thanks giving
services. Through baptism we thank God for the gift of life. in marriage public vows are exchanged with God's
blessing. We have celebrated 10 baptisms and 3 weddings in our church.
FINANCIAL REVIEW
Total receipts on ordinary unrestritted funds were£12.729 and the total expenditure is £17,848 . These are
detailed in the financial statements .The net result for the year is a deficit of £5,119.
I t Is FPCC policy to maintain a balance on unrestricted funds lif possible), which equates to at least 2 months
unrestricted payments to cover emergencies that arises.
FPCC does not have any concerns on its going concern as it has continued to grow.
Due to high cost of living the donations has decreased and this has led to he deficit.
STRUCTURE, GOVERNANCE AND MANAGEME
FPCC governing document is by a Constitution and it is Charitable Incorporated Organisation IICOI
The methods adopted for the recruitment and appointment of new trustees is set out in FPCC
Constitution.FPCC in general meeting shall elect the officers and the trustees.
The Trustee is responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and to enable them to ensure that the financial statements
comply with the Companies Act 2006. The Trustee is also responsible for safeguarding the assets of the
charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 3

Faith Power Christian Centre
Trustees Annual Report
The above report has been prepared in accordance with the provisions applicable to companies subject to
the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the
Charities SORP {FRS 1021.
Signed on behalf of the board
V. Hakunandaba
Trustee
31 December 2024
Page 4

Faith Power Christian Centre
Charity No. 1168106
Company No. CE007796
Trustee's Report and Unaudited Accounts
31 December 2024

Faith Power Christian Centre
Contents
Pages
Trustee's Annual Report
Statement of Financial Activities
Summary Income and Expenditure Account
Balance Sheet
Statement of Cash flows
Notes to the Accounts
Detailed Statement of Financial Attivities
Page I

Faith Power Christian Centre
Trustees Annual Report
The trustee, who is also a direttor of the charity for the purposes of the Companies Att 2006,
presents their report with the unaudited financial statements of the charity for the year ended 31
December 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. CE007796
Charity No. 1168106
Principal Office
463 East Bank Road
Sheffield
S2 2AE
Registered Office
463 East Bank Road
Sheffield
S2 2AE
Dirertor and Trustee
The Director of the charitable company are its Trustee for the purposes of charity law.
The following Dirertor and Trustee served during the year:
V. Hakunandaba
Dirertors of Corporate Trustees
Bishop Velapi Hakunandaba
Godwin Karimatsenga
Takudzwa Hungoidza
Lisa Tinotenda Ndelemani
Accountants
KBN Accounting Services
40
Hazlebarrow Grove
58 8AT
OBJECTIVES AND ACTIVITIES
The purpose of this church is to promote the furtherance of Chrisvs kingdom here on earth by the preaching
of the whole counsel of God as contained in his inspired word, and to carry on any other activities which
further any of the Trust Purpose/mission above.
The Prevention Or Relief Of Poverty
Page 2

Faith Power Christian Centre
Trustees Annual Report
The main activities is to advance the Christian faith in such ways and in such parts of the United Kingdom. To
relieve sickness and financial hardship and to promote and preserve good health by the provision of funds,
goods or services of any kind including through the provision of counselling and support in such parts of the
United Kingdom or the world as the trustees from time to time may think fit.
Faith Power Christian Centre holds weekly church meetings on Sunday'5 and Wednesday's as well as hosting
conferences in Sheffield and attending other church meetings in the UK.
Faith Power Christian Centre IFPCCI is committed to enabling as many people as possible to worship at our
church. When planning the activities forthe year the trustees has considered the Commission's guidance on
public benefit and in particular the specific guidance on charities for advancement of religion.
To advance the Christian faith in such ways and in such parts of the United Kingdom funds, goods or services
of any kind including through the provision of counselling and support in such parts of the United Kingdom or
the world as the trustees from time to time may think fit.
To relieve sickness and financial hardship and to promote and preserve good health by the provision of
ACHIEVEMENTS AND PERFORMANCE
At International level, Faith Power Christian Centre has planted 5 new related churches in Zimbabwe which
started with about ten members and has since grown to well above one hundred members as at present.
This has helped the community as well contributing to reducing crime in the area. The ministry is helping
people to develop and to do self-reliant projects and reducing stress and poverty.
The church has been supporting the community by providing food and clothes to those in need.This year we
have been successful in welcoming more families into our church and have agreed a new style of Family
Worship every Firiday evenings.The new arrangement has been well received since it came in operation
As well as our regular services, we enable our community to celebrate and thank God at thanks giving
services. Through baptism we thank God for the gift of life. in marriage public vows are exchanged with God's
blessing. We have celebrated 10 baptisms and 3 weddings in our church.
FINANCIAL REVIEW
Total receipts on ordinary unrestritted funds were£12.729 and the total expenditure is £17,848 . These are
detailed in the financial statements .The net result for the year is a deficit of £5,119.
I t Is FPCC policy to maintain a balance on unrestricted funds lif possible), which equates to at least 2 months
unrestricted payments to cover emergencies that arises.
FPCC does not have any concerns on its going concern as it has continued to grow.
Due to high cost of living the donations has decreased and this has led to he deficit.
STRUCTURE, GOVERNANCE AND MANAGEME
FPCC governing document is by a Constitution and it is Charitable Incorporated Organisation IICOI
The methods adopted for the recruitment and appointment of new trustees is set out in FPCC
Constitution.FPCC in general meeting shall elect the officers and the trustees.
The Trustee is responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and to enable them to ensure that the financial statements
comply with the Companies Act 2006. The Trustee is also responsible for safeguarding the assets of the
charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 3

Faith Power Christian Centre
Trustees Annual Report
The above report has been prepared in accordance with the provisions applicable to companies subject to
the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the
Charities SORP {FRS 1021.
Signed on behalf of the board
V. Hakunandaba
Trustee
31 December 2024
Page 4

Faith Power Christian Centre
Statement of Financial Activities
for the year ended 31 December 2024
Unrestricted
funds Total funds Totsl funds
2024
2024
2023
Notes
Income and endowments
from:
Donations and legacies
Charitable activities
7,417
12,729
12,729
Total
12,729
12,729
7,417
Expenditure on:
Other
17.848
17,848
11,493
Total
17.848
17,848
11.493
Net gains on investments
Net expenditure
Transfers between funds
15,1191
{5,1191
14,0761
Net expenditure before other
8ains/(losses)
15,119}
15,1191
14,0761
Other gains and losses
Net movement in funds
15,119}
{5,1191
14,0761
Reconciliation of funds:
Total funds brought forward
2,656
2,656
6,732
Total funds carried forward
12,4631
12,4631
2.656
Page 5

Faith Power Christian Centre
Summary Income and Expenditure Account
for the year ended 31 December 2024
2024
2023
Income
12,729
7,417
Gross income for the year
Expenditure
12.729
7,417
17,848
11,493
Total expenditure for the year
17.848
11.493
Net expenditure before tax for the year
15,119)
14,0761
Net expenditure for the year
15,119}
14,0761
Page 6

Faith Power Christian Centre
Balance Sheet
at 31 December 2024
Company No.
CE007796
Notes
2024
2023
Fixed assets
Tangible assets
Current assets
Cash at bank and in hand
2.006
2,006
{4.4691
{2.4631
{2,4631
2,656
2,656
Creditors: Amount falling due within one year
Net current Iliabilities)/assets
Total assets less current liabilities
2.656
2,656
Net (liabilities)/assets excluding pension asset or liability
{2,4631
2,656
Total net (liabilities)/assets
{2,4631
2,656
The funds of the charity
Restricted funds
Unrestricted funds
General funds
io
io
{2.4631
2,656
{2.4631
2.656
Reserves
io
Total funds
{2,4631
2,656
These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies
Act 2(M)6 relating to small companies.
For the year ended 31 December 2024 the company was entitled to exemption under section 477 of the
Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the
Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Art
2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 31 December 2024
And signed on its behalf by:
V. Hakunandaba
Trustee
31 December 2024
Page 7

Faith Power Christian Centre
Statement of Cash flows
for the year ended 31 December 2024
2024
2023
Cash flows from operating artivities
Net expenditure per Statement of Financial Artivities
{5,1191
14,0761
Adjustments for:
Increase in trade and other payables
4,469
Net cash used in operating activities
(6501
14,0761
Net cash from investing artivities
Net cash from financing artivities
Net decrease in cash and cash equivalents
16501
14.0761
Cash and cash equivalents at the beginnin8 of the year
2,656
6,732
Cash and cash equivalents at the end of the year
2,006
2,656
Components of cash and cash equivalents
Cash and bank balances
2,006
2,656
2.006
2,656
Page 8

Faith Power Christian Centre
Notes to the Accounts
for the year ended 31 December 2024
l Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with 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 Republic of Ireland IFRS 1021 leffective I
January 20151 {Charities SORP {FRS 102}), the Financial Reporting standard applicable in the UK and
Republic of Ireland (FRS 1021 and the Companies Act 21x16.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since
last year and no changes have been made to accounts for previous years.
Fund accounting
Unrestricted fund5
These are available for use at the discretion of the trustees in furtherance of the
general objects of the charity.
These are unrestricted funds earmarked by the trustees for particular purpose5.
These are unrestricted funds which include a revaluation reserve representing the
restatement of investment assets at their market values.
These are available for use subject to restrictions imposed by the donor or through
terms of an appeal.
Designated funds
Revaluation funds
Restricted funds
Income
Recognition of
income
Income is included in the Statement of Financial Activities ISOFAI when the charity
becomes entitled to, and virtually certain to receive, the income and the amount of
the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is
expenditure
reported gross in the SOFA.
Donations and
Voluntary income received by way of grants, donations and gifts is included in the
the SOFA when receivable and only when the Charity has unconditional
entitlement to the income.
legacies
Tax reclaims on
Income from tax reclaims is included in the SOFA at the same time as the
donations and gifts gift/donation to which it relates.
Donated services
These are only included in income (with an equivalent amount in expenditure)
and facilities
where the benefit to the Charity is reasonably quantifiable. measurable and
material.
Volunteer help
The value of any volunteer help received is not included in the accounts.
Investment income This is included in the accounts when receivable.
Gains/llossesl on
This includes any gain or loss resulting from revaluing investments to market value
revaluation of fixed at the end of the year.
assets
Gainslllossesl on
investment assets
This includes any gain or loss on the sale of investments.
Page 9

Faith Power Christian Centre
Notes to the Accounts
Expenditure
Recognition of
expenditure
Expenditure is recognised on an accruals basis. Expenditure includes any VAT which
cannot be fully recovered, and is reported as part of the expenditure to which it
relates.
Expenditure on
These comprise the costs associated with attracting voluntary income, fundraising
raising funds
trading costs and investment management costs.
Expenditure on
These comprise the costs incurred by the Charity in the delivery of its activities and
charitable activities services in the furtherance of its objects. including the making of grants and
governance costs.
All grant expenditure is accounted for on an actual paid basis plus an accrual for
grants that have been approved by the trustees at the end of the year but not yet
paid.
These include those costs associated with meeting the constitutional and statutory
requirements of the Charity, including any auditlindependent examination fees,
costs linked to the strategic management of the Charity, together with a share of
other administration costs.
These are support costs not allocated to a particular activity.
Grants payable
Governance costs
Other expenditure
Taxation
The charity is exempt from corporation tax on its charitable activities.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life:
Musical Instruments &
Equipment
16% Strainght line
Freehold investment property
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet
date and are not depreciated. All gains or105ses are taken to the Statement of Financial Activities as they
arise.
Stocks
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair
value which is the amount the charity would have been willing to pay for the items on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other
short-term highly liquid investments with original maturities of three months or less and bank overdrafts.
In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities.
In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are
repayable on demand and form an integral part of the company's cash management.
Page 10

Faith Power Christian Centre
Notes to the Accounts
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised
where the charity has a present obligation resulting from a past event that will probably result in the
transfer of funds to a third party and the amount due to settle the obligation can be measured or
estimated reliably. Creditors and provisions are normally recognised at their settlement amount after
allowing for any trade discounts due.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign currencies
Monetary assets and liabilities denominated in currencies other than the funttional currency of the
charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in currencies other than the functional currency of the charity are recorded at the rate of
exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net incomelexpenditure.
Leased assets
Where the charity enters into a lease which entails taking substantially all the risks and rewards of
ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified
as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the
inception of the lease or, if lower, at the present value of the minimum lease payments. The
corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation.
Lease payments are apportioned between finance expenses and reduttion of the lease obligation so as to
achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are
recognised immediately, unless they are directly attributable to qualifying assets, in which case they are
capitalised in accordance with the charity's policy on borrowing costs.
Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term.
In the event that lease incentive5 are received to enter into operating leases, such incentives are
recognised as a liability. The aggregate benefit of incentives is recognised as a reduttion of rental
expense on a straight-line basis.
Pension costs
The charity operates a defined contribution plan for its employees. A defined contribution plan is a
pension plan under which the company pays fixed contributions into a separate entity. Once the
contributions have been paid the company has no further payments obligations. The contributions are
recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet.
The assets of the plan are held separately from the company in independently administered funds.
Receipt of donated goods, facilities and ServI￿S
All donated goods, facilities and services received are recognised within incoming resources and
expenditure at an estimate of the value to the charity.
Page 11

Faith Power Christian Centre
Notes to the Accounts
2 Company status
The company is a private company limited by guarantee and consequently does not have share capital.
3 Statement of Financial Activities- prior year
Unrestricted
funds Total funds
2023
2023
Income and endowments from:
Charitable activities
12,729
12,729
Total
12,729
12,729
Expenditure on:
Charitable activities
17.848
17,848
Total
17,848
17,848
Net income
15.1191
{5.1191
Net income before other
8ains/(losses)
Other gains and losses:
15,1191
{5,1191
Net movement in funds
15.1191
{5.1191
Reconciliation of funds:
Total funds brought forward
6,732
6,732
Total funds carried forward
1,613
1,613
4 Income from donations and legacies
Total
Total
2024
2023
Tithes
7,417
7,417
5 Income from charitable artivities
Unrestrirted
Total
Total
2024
2023
12,729
12,729
12.729
12,729
Page 12

Faith Power Christian Centre
Notes to the Accounts
6 Other expenditure
Unrestrirted
Total
Total
2024
2023
Employee costs
Motor and travel costs
4,000
7,910
3,055
2,283
4,000
7,910
3.055
2,283
1,425
4,455
2.350
2,663
Premises costs
General administrative costs
Legal and professional costs
600
6C(J
600
17,848
17,848
11,493
7 Staff costs
No employee received emoluments in excess of £60,(KK).
8 Tangible fixed assets
Musical
Instruments
Total
Equipment
9 Creditors:
amounts falling due within one year
2024
2023
Accruals
4,469
4,469
10 Movement in funds
Incoming
resources
(including
other
At l January 8ains/losses
2024
At31
December
Resources
expended
2024
Restricted funds:
Unrestricted funds:
General funds
2.656
12,729
{17.8481
{2.4631
Total funds
11 Analysis of net assets between funds
2,656
12,729
117,8481
{2,4631
Unrestrirted
funds
Total
Net current assets
12,4631
12.4631
(2,4631
{2.4631
Page 13

Faith Power Christian Centre
Notes to the Accounts
12 Reconciliation of net debt
At31
At l January
2024
December
Cash flows
2024
Cash and cash equivalents
2,656
2,656
16501
16501
2,006
2,006
Net debt
2,656
16501
2,006
13 Related party disclosures
Controlling party
The company is limited by guarantee and has no share capital- thus no single party controls the company.
Page 14

Faith Power Christian Centre
Detailed Statement of Financial Artivities
for the year ended 31 December 2024
Unrestricted
funds
Total funds
Total funds
2024
2024
2023
Income and endowments from:
Donations and legacies
Tithes
7,417
7,417
Charitable activities
12,729
12.729
12,729
12,729
Total income and endowments
12,729
12,729
7,417
Expenditure on:
Employee costs
Staff training
4.OLN)
4,000
4,000
4,000
1,425
1,425
Motor and travel costs
Travel and subsistence
7,910
7.910
7,910
7.910
4,455
4,455
Premises costs
Rent
3,055
3.055
3,055
3,055
2,350
2,350
General administrative costs,
including depreciation and
amortisation
Depreciation of Musical
Instruments & Equipment
Equipment expensed
General insurances
Stationery and printing
Sundry expenses
Telephone, fax and broadband
295
295
440
388
388
333
2C(J
200
264
400
1,4QKI
2.283
1,226
2,663
2.283
Legal and professional costs
Accountancy and bookkeeping
61x1
600
600
6(M)
600
600
Total of expenditure of other costs
Total expenditure
17.848
17,848
11.493
17.848
17,848
11.493
Net gains on investments
Net expenditure
{5,1191
(5,1191
14,0761
Net expenditure before other
gainsl(losses)
{5.1191
(5.1191
14,0761
Page 15

Faith Power Christian Centre
Detailed Statement of Financial Artivities
Other Gains
Net movement in funds
{5.1191
15,1191
14,0761
Reconciliation of funds:
Total funds brought forward
2,656
2,656
6,732
Total funds carried forward
{2.4631
12.4631
2,656
Page 16