OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Apostolic Faith Mission International Ministries Dudley Worship Centre

2024-03-31-accounts

Docusign Envelope ID: 5E5F224E-44DA-4EBF-B9C4-66D28E89AF3D

Report of the Trustees for the year ending 31 March 2024

Apostolic Faith Mission International Ministries

Dudley Worship Centre

Registered Charity No 1172502

TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS MARCH 2024

AFMIM DUDLEY WORSHIP CENTRE

1

Docusign Envelope ID: 5E5F224E-44DA-4EBF-B9C4-66D28E89AF3D

Report of the Trustees for the year ending 31 March 2024

Contents of the Financial Statements Reference and Administrative detail 3 Trustees’ Annual Report 4 Independent Examiner’s Report 8 Receipts and Payments Report 10 Statement of Assets and Liabilities 11 Notes to the Financial statements 12

AFMIM DUDLEY WORSHIP CENTRE

2

Docusign Envelope ID: 5E5F224E-44DA-4EBF-B9C4-66D28E89AF3D

Report of the Trustees for the year ending 31 March 2024

The AFMIM Dudley Worship Centre Trustees present their annual report for the year ended 31 March 2024 under the Charities Act 2011, together with the annual accounts for the period and confirm that the latter comply with the requirements of the Charities Act, the Trust Deed, and the Charities SORP 2005.

REFERENCE AND ADMINISTRATIVE DETAILS

Charity Name

AFMIM DUDLEY WORSHIP CENTRE

Registered Charity number

1172502 Principal address 76 Asbury Road Wednesbury West Midlands WS10 0LL

Banking Details

Barclays Bank 313 High Street West Bromwich B70 8LU

Independent examiner

Mr. J Gweme (FCCA) 1 A Sussex Drive Chatham Kent ME5 0NJ STRUCTURE, GOVERNANCE AND MANAGEMENT

Board of Trustees

Mr. Stheven Muzwuru Mrs. Tendai Zvidi Ms. Felistas Mfote

Main Church Board

Pastor Marvellous Chenje Chairman Deacon Stheven Muzwuru Vice Chairman Mr Chomani Ncube Secretary Ms Felistas Mfote Treasurer Mrs Tendai Zvidi Committee member Mr Sam Mhundwa Committee member

AFMIM DUDLEY WORSHIP CENTRE

3

Docusign Envelope ID: 5E5F224E-44DA-4EBF-B9C4-66D28E89AF3D

Report of the Trustees for the year ending 31 March 2024

Governing document

The Charity was registered by a trust deed on the 13th of April 2017.

Governing Bodies

The Trustees are responsible for:

The Trustees oversee the governance and compliance aspects of the charity and are responsible for

submitting charity accounts to the Charity Commission and to ensure that charity funds are used in a

transparent manner and in compliance with the Charity Commission regulations.

They have been responsible of safeguarding the assets of the charity and taking reasonable steps in the prevention of fraud and other irregularities.

Organisational Management

The church Board which is elected from the full members of the church is responsible for the running of the church. All church attendees are encouraged to become full members to be eligible for election. The church Board is responsible for formulating the charity's policies and programs for public benefit and meets regularly to review the progress of the church.

Committees are also elected to oversee the running of the women's, men's and youth departments with these committees reporting to the church Board.

Objectives and Activities

Charitable Objectives

AFMIM DUDLEY WORSHIP CENTRE

4

Docusign Envelope ID: 5E5F224E-44DA-4EBF-B9C4-66D28E89AF3D

Report of the Trustees for the year ending 31 March 2024

Risk Management

Trustees have the responsibility of measuring, tasking, and taking action to control such risk in accordance with the Charity constitution and policies and procedures. Detailed consideration of risk is delegated to any one or more of the Trustees.

Trustees continue to improve and ensure that the system of internal controls is adequate and cost effective. Through the risk management process established for the church, the trustees are satisfied that the major risks have been adequately mitigated where necessary.

Principal Activities and Key Achievements during the year

Church Service

The church services were very strong in the period reporting with our main in person services program every Sundays. Our congregation grew in numbers, and we received many new members, our visibility and impact in the community continues to grow in numbers.

Bible Studies

Transformation Hour is our weekly online bible study we do every Mondays open to all people. This programme reaches and impact people those from close and afar. The young and the old of all ages. people to encourage one other through studying scriptures

Youth Ministry

As part of our quest to ensure that the youth in our church and community are productively engaged, spiritually connected and holistically developed. The church hosted the national Youth conference, which was well attended, the church had Youth Sunday activities which were youth organised and driven. They led the praise and worship and shared the word.

Men’s Fellowship

Several in person men’s fellowship programmes both at assembly and regional level. These meetings have been empowering. Participants were encouraged to be responsible men in the community. Men’s health, mental health was taught, the result saw a lot of man taking their health issues seriously by going for check-ups.

AFMIM DUDLEY WORSHIP CENTRE

5

Docusign Envelope ID: 5E5F224E-44DA-4EBF-B9C4-66D28E89AF3D

Report of the Trustees for the year ending 31 March 2024

Ladies

Exciting ladies’ programs were accomplished this year namely Ladies retreat, ladies’ monthly meetings, ladies’ breakfast, ladies Christmas dinner, ladies regional and national programs. Besides the ladies’ program, ladies form an integral part of our church with various leadership roles in the church and actively participating in our church programs and the life of the church. The Ladies’ programs are open to everyone in our communities.

Children’s Ministry

Sunday school continued to be vibrant throughout the year, in person lessons and activities were

conducted throughout the year and these were mainly during Sunday Services. Their numbers and

attendance continue to grow from strength to strength even during lockdown.

Family Fun Day

This year we had a family fun day. This is an open event for the community were everyone was invited to participate in games, fun activities, and fellowship as a community with their families and children.

Public Benefit

The Trustees have given due consideration to the guidelines issued by the Charities commission on public

benefit and been able to provide the community in person Sunday church services for the year ending 31 March 2024.

Financial Review

Total incoming resources on unrestricted funds for 12 Months ending 31 March 2024 were £34,649

The main sources of income are as follows:

Total resources expended overall significantly Increased from £17,055 (2023) to £30,788 (2024) in the following

key areas:

For more details, please refer to the notes section of this report.

AFMIM DUDLEY WORSHIP CENTRE

6

Docusign Envelope ID: 5E5F224E-44DA-4EBF-B9C4-66D28E89AF3D

Report of the Trustees for the year ending 31 March 2024

RESERVE POLICY

The church trustees review the level of funds in reserve which is the amount of unrestricted funds not supporting tangible assets to be equal to about 3 months of total budgeted expenditure. These reserves cover unknown future costs and allow any fluctuations in donations not to impact on the work of the charity or expose the charity to any financial risk. As of 31[st] March 2024, the free reserves were £14,795. This amount is contentiously being reviewed to ensure it meets current and future risks.

Disclosure of Information to Independent Examiner

So far as each trustee is aware at the time this report is approved, there is no relevant information of which the charity's independent examiners are unaware. Each trustee has taken all steps they ought to have taken to make them aware of any relevant information and to establish that the charity's independent examiners are aware of that information.

Signed this day 19[th] of October 2024 at Dudley by:

.................................................................................

Mr S Muzwuru

Chairman Board of Trustees

.............................................................................. Mrs T Zvidi

Secretary Board of Trustees

AFMIM DUDLEY WORSHIP CENTRE

7

Docusign Envelope ID: 5E5F224E-44DA-4EBF-B9C4-66D28E89AF3D

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
Independent
examiner's statement		 Charity Name
Apostolic Faith Mission International Ministries Dudley Worship Centre		 Charity Name
Apostolic Faith Mission International Ministries Dudley Worship Centre		 Charity Name
Apostolic Faith Mission International Ministries Dudley Worship Centre
31 March 2024 Charity no
(if any)		 1172502
10-15
(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 March 2024.DD / MM / YYYY.
As the charity trustees of the Trust, 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 the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.
I have completed my examination. I confirm that no material matters have
come to my attention (other than that disclosed below *) in connection with
the examination which gives me cause to believe that in, any material
respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn 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.

Date: 30/11/2024 Signed: Name: Jeremia S Gweme FCCA MBA Relevant professional ACCA qualification(s) or body (if any): Address: 1 A Sussex Drive Chatham ME5 0NJ

8 1

IER

Docusign Envelope ID: 5E5F224E-44DA-4EBF-B9C4-66D28E89AF3D

Section B Disclosure

Only complete if the examiner needs to highlight 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 .

9 2

IER

Docusign Envelope ID: 5E5F224E-44DA-4EBF-B9C4-66D28E89AF3D

Apostolic Faith Mission International Ministries Dudley Worship Centre Receipts and Payments Accounts for the Year ended 31 March 2024

Notes
Building Fund
Incoming Resources
Voluntary Income
1
Other Incoming Resourses
2
Total Incoming Resources
Resources Expended
Cost of Generating Funds
Cost of Generating Voluntary Income
3
Charitable Activities
Church Running Costs
4
Spiritual leadership costs
5
Community Building Costs
6
Support Costs
7
Governance Costs
8
Fixed Assets Additions
Total Resources Expended
Net Incoming and Outgoing Resources
Adjustments in Financial year
Total funds brought forward
Total funds carried forward		 Unrestricted Funds
29,297
5,352
34,649
8,255
6,672
9,840
1,481
2,867
807
866
30,788
3,861
10,933
14,795		 Total
2024
29,297
5,352
34,649
8,255
6,672
9,840
1,481
2,867
807
866
30,788
3,861
10,933
14,795		 Total
2023
16,047
4,836
20,883
3,455
5,930
4,850
393
238
300
1,888
17,055
3,828
-
7,105
10,933

10

Docusign Envelope ID: 5E5F224E-44DA-4EBF-B9C4-66D28E89AF3D

Apostolic Faith Mission International Ministries Dudley Worship Centre

Statement of Assets and Liabilities as at 31 March 2024

Notes
Assets Retained for Charities Use
9
Office Equipment
Instruments
Total Assets
Monetary and Other Assets
Cash At Hand
Cash At Bank
10
Total Current Assets
Liabilties
Professional Fees
Independent Examination
Accounting fees		 Unrestricted
Funds
987
460
1,448
-
14,795
14,795
300
450
750		 Total 2024
987
460
1,448
-
14,795
14,795
300
450
750		 Total
2023
864.28
909
1,773
-
10,933
10,933
-
450
450

The financial statements were approved by the Board of Trustees 19/10/2024 Signed this day………………………at Dudley ……………………………………….. Mrs Tendai Zvidi Secretary Board of Trustees ……………………………………….. Mr S Muzwuru Chairman Board of Trustees

11

Docusign Envelope ID: 5E5F224E-44DA-4EBF-B9C4-66D28E89AF3D

Apostolic Faith Mission International Ministries Dudley Worship Centre

Notes Accompanying Accounts as at 31 March 2024

Notes
Voluntary Income
1. Voluntary Income
Tithes
Love Offering
Conference Fees
Sisters union Subscriptions
Fundraising
2.Other Incoming Resourses
Gift Aid
3.Cost of Generating Voluntary Income
Conference Fees
Fundraising		 Unrestricted Funds
14,410
5,985
5,330
3,001
2,012
30,738
Unrestricted Funds
3,786
3,786
6,768
1,487
8,255		 Total
2024
14,410
5,985
5,330
3,001
2,012
30,738
Total
2024
3,786
3,786
6,768
1,487
8,255		 Total
2023
8,494
6,468
-
1,085
16,047
Total
2023
4,836
4,836
3,455
3,455

12

Docusign Envelope ID: 5E5F224E-44DA-4EBF-B9C4-66D28E89AF3D

4.Church Running Costs
Church Hall Hire
Administration Cost
Hospitality & Decorations
Travel and Subsistence
Refreshments
Consumables
5.Spiritual leadership costs
Spiritual leadership costs
A-Honouraria
Travel Expenses
Pastor's allowance
6.Community Building Costs
Community Building Costs
Sisters Union Expenses
Family Day
Youth Expenses
7.Support Costs
Support Costs
Budget Support		 Unrestricted Funds
4,624
1,033
685
128
127
75
6,672
Unrestricted Funds
4,010
2,230
3,600
9,840
Unrestricted Funds
150
1,331
-
1,481
Unrestricted Funds
2,867
2,867		 Total
2024
4,624
1,033
685
128
127
75
6,672
Total
2024
4,010
2,230
1,900
8,140
Total
2024
150
1,331
-
1,481
Total
2024
2,867
2,867		 Total
2023
4,049
47
250
650
117
7,318
Total
2023
2,950
-
1,900
4,850
Total
2023
273
120
393
Total
2023
238
238

13

Docusign Envelope ID: 5E5F224E-44DA-4EBF-B9C4-66D28E89AF3D

8. Govenance Costs

Professional fees
Finance Costs
9. Assets for Charities Use
Office Equipment
Opening Balance
Additions
Depreciation
Instruments
Opening Balance
Additions
Depreciation
Total Asset Value
10. Cash at Hand
Opening Balance
Cash movement during the Financial year
Closing Cash Position		 700
107
807
Unrestricted Funds
864
866
(743)
987
909
-
(449)
460
1,448
Unrestricted Funds
10,933
3,861
14,795		 700
107
807
Total
2024
864
866
(743)
987
909
-
(449)
460
1,448
Total
2024
10,933
3,861
14,795		 300
300
Total
2023
275
969
380
-
864
275
969
(380)
909
1,773
Total
2023
7,105
3,828
10,933

11.Trustees’ Remuneration

The trustees received no remuneration and other benefits or reimbursement of expenses in the year ended 31 March 2024. (2023: Nil)

14

Docusign Envelope ID: 5E5F224E-44DA-4EBF-B9C4-66D28E89AF3D

Report of the Trustees for the year ending 31 March 2024

13. Accounting Policy

Basis of preparation

The financial statements have been in accordance with trust law, applicable

accounting standards and the Statement of Recommended Practice.

Incoming resources

Voluntary income, including donations, that provide core funding or are of a general nature, are recognised where there is receipt, and the amount can be measured with sufficient reliability.

Resources expended.

Expenditure is recognised when a liability is incurred. Funding provided through contractual agreements and performance related grants are recognised as goods or services supplied.

Governance costs

Include those incurred in the governance of its assets and are primarily associated

with constitutional and statutory requirements.

Tangible fixed assets and depreciation

Tangible assets are stated at cost and depreciated over their useful economic lives at

the following rates:

Fixture and fittings 25%

Equipment 25 %

Computers 33%

AFMIM DUDLEY WORSHIP CENTRE

15