REGISTERED COMPANY NUMBER: CETh)81)08 (England WAles)
REPORT OF THE TRUSTEES AIY])
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FOR
FAtTh CHAPEL MJNISTRIES OF THE
PENTECOSTAL ASSEMBLIES OF THE WORLD
Mieres & Co
Chartered Certified Accountants
12 Graham Road
Mitcham
Surrey
CR4 2HA

FAITH CHAPEL MINISTIUES OF THE
PEI¥4TECOSTAL ASSEMBLIES OF WORLD
CONTENTS OF THE FIY4ANCIAL STATEMENTS
for the Year Ended 31 March 2024
Pydge
Report of the trustees
Independent esamlner's Yeport
stf4t¢ment of flllan¢lYdl v4¢dvlt1¢5
Balan¢¢ $h¢et
NoteB to the flnHDd41 bt4temeDt$
7 to 12
Detalled statement of flnan¢lal Vd¢tlvAII
13 to 14

FAITH CHAPEL MINISTRtES OF TH
PENTECOSTAL ASSEMBLIES OF THE WORLD
REPORT OF THE TRUSTEES
for Ihe Year Ended 31 March 2024
Th¢ trustees who are also directors of the charity for the purposes of the Companie8 Act 2006, present their report with
the fmaneixl gtatenwits of the tharity for the year ended 31 March 2024. The iThslees h￿e adopted the provisions of
Accounting and Reporting by Clwities: StAt¢ment of Reconunended Practice applicable to charitie5 preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK 2nd Repllblic of Ireland (FRS 102)
(effective l January 2019).
OBJECTIVES AND ACTIVITIES
ObJectlves And alms
The objective and principal artivity of th¢ Gharity is to promote the advancetnent of the Christian religion through
churches established in the United Kingdom and elsewhere, in accoidance with th¢ Artirl¢s of Faith Gontsined in the
Charitys constitution.
Slgllfficamt xtmlle
Thi.s year saw very busy and proactive departsnents resulting in greater conununity involvement and incre&8ed
attcndances.
Faith Chapel Ministrics offer a high-tech audio-visual experience to better immerse our listeners and viewers into
praising worshippinB th¢ Lord. Thc purcha3c of a digital PA 8y8tcm and thc updating of our camcras provided
invaiuablc exposur¢ for both in-house and onlinc p&rtiGipants. Thc use of our media ¢quipm¢nt wa5 extendcd to young
people who were able to gain insightfijl skills and knowl¢dg¢ by operating the equipni¢nL especially those in education
and residing in the local commullity.
The Community Outreach tcam showed admirable commitment End dedication by nmning programmes/events
throughout the year, which were very well attended, by not only Faith Chap¢l members but also by people living
in the local community,
Evenls such as..
Lommunity Walks (January- April)
Evangelisin Clinics (March- Jvne)
Fatherfs Day BBQ (Jut)e)
Live Gospel Music (August)
Saturday Prayer Meetings (September onwards)
Th¢ Men'4 ministri¢s had notable succcss with schcdulcd zoom mcdings out of wbich came, learnin& spiritual ￿Owt
teslllnonies and spiritual engagement.
The Education and Training departsnent organised leadership training workshop8 for all office holders. team leaders
and assistants aimed at improving stsndards and professionalism.
Publlc benefit
The trustees are of tILe opinion that they have cornplied with the duty in Scctiott 4 of the Charities Act 2011 with re8ard
Èo public b¢nefit 8uidance published by the Charity Commi&8ion.
STRucfuRE, GOVKRNAP4CE AND MANAGEMENT
Governlng document
Th¢ Gharity is controlled by its foundatioo Gon.$titution as a Charitable In¢orporat¢d Organisation (CIO), as d¢fmed by
the Charitable Incorpnrated Organisations (Genera]) Regulations 2012 of The Charities Act 2011. The ¢haiity is not
r¢gister¢d with Cornpanies House.
Org#Disational structurc
Faitli Chap¢l Ministries of the Pentecostal Assemblies of the World was Tegistered as a Charitable Incorporated
Organisation, (CIO), with the Chariti¢s Commission on 4th October 2016. This CIO was fomcd to tak¢ over the
operations, asscts and liabiiitics of th¢ utiincorporated Charitable Trust. Faith Chap¢l Pentecostal Assemblies of the
World (Apostolic UK). Th¢ final transfer was completed on 6 Febn￿ry 2023.
Page I

FAITH CHAPEL IKINISTRIES OF THE
PENTECOSTAL ASSEMBLIES OF THE WORLD
REPORT OF THE TRUSTEES
for the Year Ended 31 Mareh 2024
REFERENCE AND ADMtNISTRATIVE DETAILS
Reglstered Company number
CE008008 (England and Wales)
Regtstered Charlty number
1169477
Registered Office
198 Bellendcn Road
Peckham
London
SE15 4BW
Trustee8
Rev. L G Thomas
Rev. A Y A8amoah
L Chambers
JPitt
Ms M Oteng
Mrs C Morgan
Mrs M Pinnock
Independent Kxamlner
W M Mi¢r¢s FCCA
Mieres & Co
Chartered Certified Ac¢ountants
12 Grabam Road
Mitcham
Surrey
CR42HA
Approved by order of the board of trustees on l July 2024 and signed on its behalf by:
Rev. L G Thornas - Trustee
Page 2

INDEPENDENT EXAMINER'S REPORT TO THK TRUSTEES OF
FAITH CHLIPEL MThISTRIES OF THE
PENTECOSTAL ASSEMBLIES OF THE WORLD
Independent examiner's report to tbe trustecs of Faitb Cbapel Ministries of the Pente¢￿tal A￿eMb]leS of the
World ('tbc Company,)
I r¢pvrt to the charity I￿￿tee3 on my examination of th¢ accounts of the Company for the year ended 31 March 2024.
Responsibi]ities and b￿ts of report
As the charity's trustee5 of the Company (and also its directors for the purposes of company law) you are r¢sponsible
for the preparation of the accounts in accordance with thc rcquircm¢nts of the Companies Act 2006 ('th¢ 2006 ACÈ,).
Having satisfied myself that the accounts of the Company are not r¢quired to be audikd undcr Part 16 of the 2006 Act
and are eligible for independent examinatio￿ I report in respect of my exatnination of your cl]aritys accounts as carried
out under Section 145 of the tharIti￿ Act 2011 ('the 2011 Ace). In caryin8 Out my examination I have followed the
Directions given by the Charity C¢)mmi&8ion under Section 145(5) (b) of th¢ 2011 Act.
Independent examiner's stAtement
I have completed my examin2tion. I confirni that no matters have come lo my attention in conncction with the
examination giving me caus¢ to believe:
accounting Tecords were not kcpt in respect of thr Company as required by Section 386 of the 2006 Act. or
the account3 do not accord with Èhosc r¢L()rds" or
the ￿Counts do not comply with the acGountitiB requirements of Section 396 of the 2006 Act other than any
rcquirement that the accounts give a true and fair view which is not a matter considered as part of an
independent examination. or
the accounts have not been prepand irt accordance with the methodB principles of the Staternent of
Re¢ommend¢d Practice for accounting and reporting by charities (applicable to charitieB preparing theAr
accounts in accordance with the Financial Rcporting Standard applicable in the UK and Republi¢ of ITeland
(FRS 102)).
I have no Concen￿ and have Gome Acn)ss no other matters in connection with the examination to which attcntion should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
W M Miere$ FCCA
Mieres & Co
Chartered Certified Accountants
12 (iraham Road
Mitch￿7
Suney
CR4 2HA
l July 2024
Page 3

FAITH CHAPEL MINISTRIES OF THE
PEI¥TECOSTAL ASSEMBLIES OF THE WORLD
STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31 March 2024
2024
Unrestricted
fund
2023
Tot
filnds
Notes
INCOME AND ENDOWMENTS FROM
Donations and 108aciey
104.561
241,198
Other trading activities
Investment income
3,500
35,279
32,937
Total
143,340
274,135
EXPENDITURE ON
Rai8ing fund5
125.957
99,126
Charitable actlvltles
Cost ol generating voluntary iticome
8227
5,012
Total
134,184
104,138
NET INCOME
9,156
169,997
RECOF4CILIATION OF F17NDS
Total funds brought forward
963,154
793,157
TOTAL FUNDS CARRIED FORWARD
972,310
963,154
The notes forni part of these financial 5tatcrnents
Page 4

FAITH CHAPEL MINISTRIES OF THE
PENTECOSTAL ASSEMBLIES OF THE WORLD
BALANCE SHEET
31 March 2024
2024
UnrestriGted
2023
Total
fun(Lg
Notes
FIXED ASSETS
Tangible assets
256,951
229,065
CURRENT ASSETS
Debtors
Invesltnents
Cash at bank and in hand
365
81,306
636,938
867
59,993
676,229
io
718,609
737,089
CRF,Drr()RS
Amount5 fulling due within one year
(3,250)
(3,000)
NET CURRENT ASSETS
715,359
734,089
TOTAL ASSETS LESS CURRF.iYr
LIABILITIES
972,310
963,154
NET ASSETS
972,310
963,154
FIJNDS
UnrcstriGted fimds
12
972,310
963,154
TOTAL FUNDS
972,310
963,154
The ¢haritsble Company is entitled to ¢xemption frorn audit under Section 477 of th¢ Conjpanies Act 2006 for the year
ended 31 March 2024.
The member8 have not requll'ed the company to oblain an audit of its fin&ncial statements for the year ended
31 March 2024 in accordancc with Section 476 of the Companies Act 2006.
The trustees acknowledge th¢ir responsibilities for
(a)
ensuring that the chuitable company k¢¢ps ac¢ountin8 records that Gomply with Sections 386 and 387 of the
Companies Act 2006 and
Ib) pr¢paring fllMncial statements thich 8ive a true and fair view of thc stalc of affairs of the charitable company as
at tile end ot each financial year and of its surplll8 or dcficit for ¢aLh lll)aiiLial year in accoTdanre with the
requirements of Sections 394 and 395 which otherwise comply with the requirements of the Compani09 Act
2006 relating to financial sratements, so far a8 applicable to the charitable company.
The notes form part of these fll)ancial statements
Page 5
continued...

FAITH CHAPEL MINISTRIES OF THE
PEIYTECOSTAL ASSEMBLIES OF THE WORLD
BALANCE SHEET- contlnued
31 Marth 2024
These financial ststem¢nts have been prepared in aG¢ordallce with the provisions applicable to charitable companies
subject to the stnall companics regime,
The financial st2t¢m¢nts wcrc approved by the Board of Trustees aud authorised for issu¢ on l Juty 2024 and wcre
8ign¢d on its behalf by..
L G Th0n￿S - Trustee
L Charnbers - Tru5*¢
The notes form part of theK fmanoiai statemettls
Page 6

FAITH CHAPEL MINISTRtES OF THE
PENTECOSTAL ASSEMBLIES OF THE WORLD
NOTES TO THE FINANc￿L STATEMENTS
for the Year Ended 31 March 2024
A¢¢ountlng poli¢iea
Basis of preparing the fmaDci&I statements
The fmancial statements of the charitable company, Ivhich is a public benefit entity under FRS 102. hav¢ be¢n
prepared in a¢¢ordan¢¢ with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement
of Recommended Prath"ce applicable to charities prcparing their accounts in accordance with the Fimancial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 2019),,
Financial Reporting Slandard 102 'The Financial Reporting Standard applicable in the UK and RepublAc of
Ireland, and the Companies Act 2006. The fllW]cial statements have been prepared under the historical cost
convention.
Income
All income is recognised in the Statement of Financial Activities onc¢ th¢ charity ha5 ¢ntiU¢m¢nt to the fund4 It
is probable that the income will be received and the amount can be Me￿￿red reliably.
Expenditure
Ltabilit1¢5 arc re¢ognised &8 expenditure as soon a8 there is a legal or construGtiv¢ obligation committing thc
charity to that expenditure, it 15 probable that a transfer of economic benefits will be required in Settlement and
the amount of the obligation can be measured T¢liably. Expenditurc is accounted for on an accruals basis And
has been Glassified undcr headin&8 that aggr¢gate all cost related to the category. Wherc costs cannot b¢ directly
attributed to particular headings they have been allocated to acts'vities on a basis consistent with the use of
resources.
Grants offered Subject to conditions which have not been met at the year end date are noted as a commitment
but not accrucd as expcndilurc.
Tydnglhle flxed
DeprcciaiiL)n is pruvided at the followAnB amiual rates in order to write off each asset over its estimated useful
lifc.
Freehold property
Multiniedia and music equipment
Fixtwes, fittings and equipment
Motor vehicl&¥
not provided
250/0 on reducing balance
250/0 on r¢du¢in8 bal8nG¢
25 % on r¢ducing balance
Taxatlon
The charity is exempt from corporation tsx on its charitable activititts.
Fund Accountlng
Um'estricted funds can be used in A¢cordan¢e with the charitable objectives al the disGretion of the tru8t¢es,
Restricted fimas can only be w8¢d for particular restricted purposes within th¢ objects of the charity.
Restrictions arise when Bpecified by the donor or when fiwd5 ar¢ rat5ed for particular restricted purposcs.
Further explanation of th¢ nAture and purpose of each fimd is included in the notes to th¢ financi&l statements.
Page 7
contljn￿(L..

FAITH CHAPEL MINISTRIES OF THE
PENTECOSTAL ASSEMBLIES OF THE WORLD
NOTES TO THE FINANCIAL STATEMENTS- conthiued
for the Year Ended 31 Mir¢h 2024
Other trAdlng actlvities
2024
2023
Other income
3,500
Inveslment Income
2024
2023
Rents received
Credit Union deposit interest
33,966
1,313
32,239
698
35,279
32,937
Ralslng fund8
R4lalng donadons and le8acl¢J
2024
2023
Support costs
125,957
99,126
Net InconKI(expendlture)
Net income/(expenditure) is ststsd after chargingl(crediting).'
2024
2023
Depreciation - owned assets
1.989
2,653
Trustees, remunera(lon and benetit•
ThLTL' WLYe no tru8tees' remun¢ration or other benefits for the year ended 31 Ma￿h 2024 nor for the year ended
31 March 2023.
Truyteej. expenws
There were no tru8t¢e8' expenses paid for the year ended 31 March 2024 nor for the Ye￿ ended 31 M￿'¢h 2023.
Comparativej for the sthtemeDt of tlnan¢lAI 8Ctlvltle8
Unre8tricted
fund
YCOME AND ENDOIVMEIYTS FROM
Donations and legacie8
241,198
Inv¢s¢ment income
32,937
Total
274.135
LXPENDrrtlRE ON
Raising funds
99,126
Page 8
continued,..

FAITH CHAPEL MIIYISTRiES OF THE
PENfEcosTAL A&SEMBIJLS OF TtIE WORLD
NOTES TO FINANCIAL STATEMENTS- Contlnued
for the Year Ended 31 March 2024
C&n)pAratlves for the st￿ten￿lt of Ilnanclal a¢llvltI￿ - colltinued
Unr¢striGtcd
fund
Chydrltsble Aetivities
Cost of generating voluntary income
5,012
Totsl
104,138
NKTINCOME
169,997
RECOF4CILIATION OF FiINDS
TotaI funds biYJught fonvard
793,157
TOTAL FUIYDS CARRIED FORWARD
963,154
Tangible r￿ed asset8
FixtureB,
fittin88
and
equipment
Multijnedia
and music
equipment
Freehold
property
COST
At l April 2023
Additions
220,798
15,856
9,922
11,291
5,947
2.728
At 31 Morch 2024
236,654
21.213
8,675
DEPRECIATION
Al l April 2023
Chargc for y¢
7,074
712
3,292
586
At 31 March 2024
7,786
3,878
IYET BOOK VALUE
At 31 March 2024
236,654
13,427
4,797
At 3 l March 2023
220,798
2,848
2,655
Page 9
conlinued...

FAITH CHAPEL MINlSTRiES OF THE
PENTECOSTAL ASSEMBLIES OF THE WORtJ)
NOTES TO THE Fll¥ANCIAL STATEMENTS- contlnued
for the Yeydr Ended 31 Mar¢h 2024
Tanglble ltsed assets - continued
Motor
vehicles
Computer
equiprnent
Totals
COST
At l April 2023
Additions
6,426
243,094
29,875
At 31 m￿'ch 2024
6.426
272,969
DEPRECIATION
At l April 2023
Charge for year
3.663
691
14.029
1,989
At 31 March 2024
4.354
16,018
NET BOOK VALUE
At 31 March 2024
2,072
256.951
At 31 March 2023
2.763
229.065
DebtOT8: amounts fAlllll% due wlthln one yeAr
2024
2023
Oth¢r dcbtors
365
867
Current aiiet investments
2024
2023
P¢nt¢costsl Cr¢dit Union dwo8its
81,306
59.993
ii.
Credltors: amounts falllng due Ivitbin one year
2024
2023
A￿r￿ed expeTh8es
3.250
3,000
12.
Movement In fundq
Nct
movement
in funds
At
31.3.24
At1.4.23
Unrestrieted ￿lld8
General fLmd
963.154
9.156
972,310
TOTAL FUNDS
961.154
9,156
972,310
Page 10
ontinue(L..

FAITH CHAPEL MINISTRIES OF THE
PENTECOSTAL ASSEMBLIES OF THE WORLD
NOTES TO THE FINANCIAL STATEMENTS - continued
for Ihe Year Ended 31 Morch 2024
12.
Movement in fund8- ¢ontinu¢d
Net movement in funds, included in the above are as follow5.'
Incoming
resource8
Resou￿¢$
exp8nd¢d
Movement
in fi￿d&
Unyestrlcted funds
Geiieraj fund
143,340
(134.184)
9,156
TOTAL FUNDS
143,340
(134.184)
9.156
CompArAtlves for movernent In funds
Net
movern¢nt
in funds
At 1.4.22
31.3.23
Unrestricted Ibnds
G¢neral fuhd
793,157
169,997
963,154
TOTAL FUNDS
793,157
169,997
963.154
Comparativc movement in funds, included in the abovc arc as follows:
Incoming
resources
Resources
expen(kd
Movement
in fimds
UnrLJtrirt¢d tknnds
General fund
274,135
(104,138)
169,997
TOTAL FUNDS
274.135
(104,138)
169,997
A current year 12 months and prior year 12 months combined po8xtion is ￿ follows:
Net
ftnovernent
in funds
At 1.4.22
31.3.24
Unrestricted funds
G¢n¢rdl £und
793.157
179,153
972,310
TOTAL FUNDS
793,157
179.153
972,310
Pagell
ontinued...

FAITH CHAPEL MJI4IISTRIES OF THE
PEI¥TECOSTAL ASSEMBLIES OF THE WOIU
NOTES TO THE F￿VANc[AL STATEMEiYTS- continued
ror the Year Ellded 31 Mareh 2024
12.
MDvernent lu funds- conthiu¢d
A C￿Tent year 12 months and pnor year 12 months combined net rnovcment in fimds, included in the above are
as follows..
Resources
ex￿ded
Movement
in fjmds
r¢sources
Unrestricted funds
General ￿nd
417,475
(238.322)
179,153
TOTAL FUNDS
417,475
(238,322)
179,153
13.
Related party diAclosure8
There were no Telatcd party transactions for the year ended 31 March 2024.
Page 12

FAITH CHAPEL MINISTRIKS OF THE
PENTECOSTAL ASSEMBLIES OF THK WORLD
DETAILED STATEMEDIT OF FINANCIAL A￿[VITIEs
for the Year Ended 31 Mareh 2024
2024
2023
INCOME AND ENDOWMENrs
Donallons 8nd legacl&q
Offeriti8s and tithes
Grants
104,323
238
82.156
159.042
104.561
241,198
Other traiJln% activltAes
Other incon
3,500
Investment income
Rents received
Credit Uiiion depo8it int¢re8t
33,966
1,313
32,239
698
35.279
32,937
Totsl inconjing resources
143,340
274,135
EXPENDITURE
ChiritAbl¢ a¢tlvllftes
Fun¢lioTh8 and events
Grants to in8titutions
Grants to individual8
5,023
2.082
3,204
1,019
8,227
5,012
Support c￿￿t$
Management
RatL's and water
I￿uranCe
Litht and heat
Telephone &nd internet
P05tag¢ and stationery
Advertising
Computcr expenses
Building repairs and maintrnance
Dccoralions
Equkpmeni maintenance
Cleaning
Foreign travel and accommodation
SecurAty
Motor v¢hi¢le expenses
Coa¢h hire
Subscription5 and licenG
Books and periodicals
Carried forward
617
4,512
322
4.266
5,035
1,184
3,466
1,378
2,901
295
1,250
25,895
819
5,082
3,330
1,063
6,855
1.610
1.504
2.770
4,579
3,099
497
685
2,509
373
39.817
868
706
1,225
2,770
495
63,754
This page does not fomi part of the statutory fitjancial statements
Page 13

FAITH CHAPEL MINISTRIES OF THE
PENTECOSTAL AssEMBL￿s OF THE WORLD
DETAILED STATEMENT OF FINA]¥CTAL ACTIVITIES
for Élle Year Ended 31 March 2024
2024
2023
MAnAgen￿￿t
Brought forward
Ministerial and media services
Semin￿5 and conferences
Bookkeeping Bervice5
Filing fees
Youth activities
Sulldry expenses
Training
Reverend's stipend
Organist's feeB
Gardening and landscaping
63.754
4,950
1,341
1,200
250
1,686
25
950
39,240
6,000
2,700
39.817
2,300
1,105
soo
250
138
194
1,300
42,772
6,000
122,096
94.676
Finance
Card charges
71
98
other
Dcpreciation of rnultimedia and music
equipment
Depicciatioii of fixtures. fittings and equipment
Depreciation of comput¢r ¢quipment
712
587
691
949
782
921
1,990
2,652
Governance costs
Accountancy
1,800
1,700
Totsl resources expcnded
134,184
104,138
Net ittcom¢
9,156
169,997
This page does not fomi part of the statutory financial statenKnts
Page 14