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**
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**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
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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
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## **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:
- Appointing members of the administrative committee
- Policies and procedures for induction and training of trustees
- Organisational structure and interrelationships of component organs
- Monitoring the charity’s compliance with relevant laws and standards
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**
- The advancement of the Christian religion according to the Holy Scriptures as contained in the Confession of Faith set out in the schedule hereto in the United Kingdom, and to such parts of the world, as the Trustees may from time to time determine.
- The furtherance of such other purposes as are exclusively charitable under the laws of England and Wales as the Trustees from time to time determine.
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## **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.
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## **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:
- Tithes increased from £8,494 (2023) to £14,410 (2024)
- Love offering reduced from £6,468 (2023) to £5,985 (2024)
- Sisters’ Union Subscriptions increased from £1,085 (2023) to £3,001 (2024)
Total resources expended overall significantly Increased from £17,055 (2023) to £30,788 (2024) in the following
key areas:
- Church running costs reduced from £7,318 (2023) to £6,672(2024)
- Spiritual and leadership costs increased from £4,850 (2023) and £8,140 (2024)
- Governance costs were £300 (2023) and £700 (2024)
- Support costs were £1,976 (2023) and £2,884 (2024)
- Community Building Costs were £393 (2023) and £1,481 (2024)
For more details, please refer to the notes section of this report.
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## **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
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**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:|||
- accounting records were not kept in accordance with section 130 of the Act or
- the accounts do not accord with the accounting records
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
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**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**|
|---|---|---|---|
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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
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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**|
|---|---|---|---|
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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**|
|---|---|---|---|---|
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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)
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## **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%
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