CHARITY COMMISSION FOR ENGLANO AND WALES Trustees, Annual Report for the period From 0510112023 Period end date Perlod start date to 0410112024 Charity name: Your Church International Global Movement tla The Hub (Working namel Charity registration number: 1182068 Objectives and Activities SORP reler P*a 1.17 Summary ofthe purposes of the charity as set out in its governing document The purpose of this church is to promote the furtherance of Christ's kingdom here on earth by the preaching of the whole counsel of God as contained in his inspired word, and lo cary on any other activities which further any of the Trust Purposelmission above. Thè Prevention or Relief of Poverty Religious Activities Empowering teenagers and young adults by equipping them with essential life skills. Provision of education to children in Zimbabwe in underserved communities. Helping to break the cycle of poverty by empowering the next generation. 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. P￿a 1.17 and 1.19 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 ftjnds. 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 lime lo lime may think fit. Provision of accommodalionlhousing and Economic. community development and employment. Your Church Global Movement Ua The Hub holds weekly church meetings on Sundays and Wednesday. morning devotional every Monday to Friday from 9.30am lo 10.30am, We hold worship practice every Saturday, as well as hosting conferences every year and Leadership training every 6 weeks. Your Church Global Movement Ua The Hub has expanded ils operation lo the most impoverished communities of Zimbabwe. Mulliple projects have been launched successfully in Matabeleland province ststement confirming whether the trustees have had regard to the guidarsce issued by the Charity Commission on public benefit P*8 1.18 When planning our activities for the year. we have considered the Charity Commission's guidance on public benefit, and particularly the supplementary guidance on charities for the advancement of religion. Additional information loptionall You ma choose to include further statements where relevant about.. SORP rtlwence Pw8 1.38 Policy on grant making Pw8 1.38 Policy on social investment including program related investment P*8 1.38 Contribution made by volunteers Other Achievements and Performance SORP roffrBI Your Church Global Movement Ua The Hub offers a range of services during the week and over the course of the year that our community find beneficial and spiritually fulfilling. Moming prayers and all-night prayers help people to worship and pray in a quiel environment. This year we have been successful in welcoming more people into our church and have agreed a new way of worship whereby people can come and have bible study rneelings every Fridays. The new arrangements have been well received since it started. As well as regular servi￿$ we held Baptisms. Child dedications and enabled our community lo celebrate and thank God through a thanksgiving service. During the week the church hall is used by our mothers and toddlers, group on Tuesdays. Ten children and their carers, and parents have been regular attenders at the mother and toddler group. The mission and Evangelisrn committed is lo be congratulated on their fundraising efforts. Some of the donations was distributed to the homeless eo le within the communi Summary ofthe 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- Pw8 1.20 Additional information loptionall You ma choose to include further statements where relevant about.. Achievements against objectives set P*B 1.41 Performance of fundraising activities against objectives set P*B 1.41 Investment performance against objectives P*8 1.41 Other Financial Review Review of the charity's financial position at the end of the period Paa 1.21 Total receipts on ordinary unrestricted funds We￿ £29662 and are detailed in the financial statements. The total expenditure was £26.271.56. The net result for the year was an excess of income over expenditure of £3390.50. The balance carried forward at the end of the year was £3.390.50 Statement explaining the policy for holding reserves stating why they are held 1.22 It is the trustees, policy to maintain a balance on unrestricted funds lif possiblel. which equates to approximately 2 months unrestricted payments, to cover emergency situations that may arise from time to time. The balance of £3390.50 on unrestricted funds at the year-end matched this target. Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern P¥a 1.22 £3,391 Pw8 1.22 P*8 1.24 P*8 1.23 There are no uncertainties about the charity conlinuing as a going concern Addltlonal Informatlon loptlonall You ma choose to include further stalemenls where relevant about.. The charity's main sources of funds are donations from members and the community The charity's principal sources of funds (including any fundraising) P*8 1.47 Investment policy and objectives including any social investment policy adopted P*a 1.46 A description of the principal risks facing the charity Pw¥ 1.46 Other Structure, Governance and Management Description of charity's trusts- The trustees manage the business of the charity and have the powers to further the objects (but not for any other purposel ConslilLrtion Type of goveming document P￿a 1.25 How is the charity constituted? le.g. unincorporated P￿3 1QS Your Church Global Movernent Ua The Hub Is an unincorporated association. Trustee selection methixls including details of any constitutional provisions e.g. election to post or name of any person or body entil￿d to appoint one or more trustees P*8 1.25 The charity in general meeting shall elect the officers and the trustees The appoinlment of a trustee. whether by the charity in general meeting or by the other trustees. musl not cause the number of trustees lo exceed any number fixed in accordance with this constitution as the maximum number of Iruslees. Additlonal Informatlon loptlonall You ma choose to include further statements where relevant about.. Policies and proc8dures adopted for the induction arbd training of trustees P*8 1.51 The charity's organisational structure and any wider network with which the charity works P*8 1.51 Relationship with any related parties Pw8 1.51 Other Reference and Administrative details Charit name Other name the chari uses Re istered chari number Your Church Inlemalional Global Movement tls The Hub 1182068 Charity's principal address 3 Trent Bridge Road RETFORD Nottinghamshire DN22 7SR Names of the charity trustees who manage Ihe charity Date$ a¢ted ￿ nc*t fc+r whole ear Trustee name Office Irf any) Name of person lor body) entltled toa int tru$tse if an Rev Joy Annie Ital Nyadete ice H Zomba Chair Eunice Diza 0110712024 10 12 13 14 15 16 17 18 19 20 Cor orate trustees- names of the directors al the dale the re rtwasa roved Dlrector nam¢ Name of trustees holding title to property belonging to the charity Trustse name Dates acted if not for whole ear 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 loptionall Names and addresses of advlsers {Optlonal Infomiatlonl Type of Name Address advlsar Name of chlef executlve or names of senlor staff members (Optlonal Infomiatlon) Exemptions from disclosure Reason for non-disclosure of ke rsonnel details Other o tional information Declarations The trustees declare that they have approved the trustees. report above. Signod on bghalf of the charity's trust995 Signature{sl Full name{sl Position {e.g. Secretary. Chair, etcl Rev Joy Annie Ital Nyadete Chair Date 01111124 io ## **Your Church Global Movement** **Charity No. 1182068** **Trustees' Report and Unaudited Accounts** **04 January 2024** **Your Church Global Movement Contents** ||Pages| |---|---| |Trustees' Annual Report|1| |Statement of Financial Activities|2| |Balance Sheet|3| |Statement of Cash flows|4| |Notes to the Accounts|5| |Detailed Statement of Financial Activities|6| Page 1 **Your Church Global Movement Trustees Annual Report** ## The Hub The trustees present their report with the unaudited financial statements of the charity for the year ended 4 January 2024. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Charity No. 1182068** ## **Trustees** The following trustees served during the year: J.A.I. Nyadete A.H. Zomba ## **Accountants** KBN Accounting Services 40 Hazlebarrow Grove S8 8AT ## **Statement of trustees' responsibilities in relation to the financial statements** The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The trustees are 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 Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the charity's trustees J.A.I. Nyadete Trustee 04 January 2024 Page 2 **Your Church Global Movement Statement of Financial Activities** ## **for the year ended 4 January 2024** **----- Start of picture text -----**
Unrestricted
funds Total funds Total funds
2024 2024 2023
Notes £ £ £
Income and endowments
from:
Charitable activities 2 29,662 29,662 -
**----- End of picture text -----**
|**Total**
**Expenditure on:**
Other
3
**Total**
Net gains on investments
**Net income**
Transfers between funds
**Net income before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|29,662|29,662|-| |---|---|---|---| ||||| ||26,272|26,272|-| ||26,272|26,272|-| ||-|-|-| ||3,390|3,390|-| ||-|-|-| ||3,390|3,390|-| ||||| ||3,390|3,390|-| ||||| ||2,817|2,817|2,817| ||6,207|6,207|2,817| ||||| ||||| ||||| Page 3 **Your Church Global Movement Balance Sheet at 4 January 2024** |**at 4 January 2024**||| |---|---|---| |**Charity No. 1182068**
**Current assets**
Cash at bank and in hand
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
5
**Unrestricted funds**
5
General funds
**Reserves**
5
**Total funds**
Approved by the trustees on 04 January 2024|**2024**
**£**
6,207
6,207
6,207
6,207
6,207
6,207
6,207
6,207
6,207|**2023**
**£**
2,817| |||2,817| |||2,817
2,817| |||2,817| |||2,817| |||2,817| |||2,817| |||2,817| |||| And signed on their behalf by: J.A.I. Nyadete Trustee 04 January 2024 Page 4 **Your Church Global Movement Notes to the Accounts** ## **for the year ended 4 January 2024** - 1 **Accounting policies** ## **Basis of preparation** The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. ## **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 funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. ## **Income** Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income 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 legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. 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/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets Page 5 **Your Church Global Movement Notes to the Accounts** ## **Expenditure** Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure 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. Grants payable 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. Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **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 or losses 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. ## **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. Page 6 **Your Church Global Movement** **Notes to the Accounts** ## **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 functional 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 income/expenditure. ## **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 reduction 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 incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction 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 charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity 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 charity in independently administered funds. ## **Receipt of donated goods, facilities and services** All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity. ## 2 **Income from charitable activities** ||**Unrestricted**
**£**
29,662
29,662|**Total**
**2024**
**£**
29,662
29,662|**Total**
**2023**
**£**
-| |---|---|---|---| ||||-| Page 7 **Your Church Global Movement Notes to the Accounts** ## 3 **Other expenditure** |Motor and travel costs
Premises costs
General administrative costs
4
**Staff costs**
No employee received emoluments in excess
5
**Movement in funds**
**Restricted funds:**
**Unrestricted funds:**
**General funds**
**Total funds**
6
**Analysis of net assets between funds**
Net current assets
7
**Reconciliation of net debt**
Cash and cash equivalents
Net debt|of £60,000.
**At 5 January**
**2023**
2,817
2,817|**Unrestricted**
**£**
7,500
3,930
14,842
26,272
**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
29,662
29,662
**At 5 January**
**2023**
**£**|**Total**
**2024**
**£**
7,500
3,930
14,842
26,272
**Resources**
**expended**
**£**
(26,272)
(26,272)
**Unrestricted**
**funds**
**£**
6,207
6,207
**Cash flows**
**£**|**Total**
**2023**
**£**
-
-
-| |---|---|---|---|---| |||||-| |||||**At 4**
**January**
**2024**
**£**
6,207| |||||6,207| |||||**Total**
**£**
6,207| |||||6,207| |||||**At 4**
**January**
**2024**
**£**| |||2,817|3,390|6,207| |||2,817
2,817|3,390
3,390|6,207| |||||6,207| |||||| Page 8 **Your Church Global Movement Detailed Statement of Financial Activities** ## **for the year ended 4 January 2024** |**Income and endowments from:**
Charitable activities
**Total income and endowments**
**Expenditure on:**
Motor and travel costs
Travel and subsistence
Premises costs
Rent
General administrative costs,
including depreciation and
amortisation
Equipment expensed
Equipment repairs and
maintenance
General insurances
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net income**
**Net income before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2024**
**£**
29,662
29,662
29,662
7,500
7,500
3,930
3,930
5,039
140
450
894
228
7,636
455
14,842
26,272
26,272
-
3,390
3,390
-
3,390|**Total funds**
**2024**
**£**
29,662|**Total funds**
**2023**
**£**
-| |---|---|---|---| |||29,662|-| |||29,662
7,500|-
-| |||7,500|-| |||3,930|-| |||3,930|-| |||5,039
140
450
894
228
7,636
455|-
-
-
-
-
-
-| |||14,842|-| |||26,272|-| |||26,272
-|-
-| |||3,390|-| |||3,390
-|-
-| |||3,390|-| |||2,817|2,817| ||2,817||| ||6,207|6,207|2,817| Page 9 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** |**Report to the trustees**
**On accounts for the year**
**ended**
**Set out on pages**|Your Church Global Movement t/a The Hub|Your Church Global Movement t/a The Hub|Your Church Global Movement t/a The Hub| |---|---|---|---| ||||| ||04/01/2024|**Charity no**
**(if any)**|1182068| ||||| ||(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 04/01/2024 **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** 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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** [The charity’s gross income exceeded £25,000 and I am qualified to **examiner's statement** undertake the examination by being a qualified member of AAT. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. **Signed: Date:** 25/10/2024 **Name:** Rudo Dozwa **Relevant professional** AAT **qualification(s) or body (if any):** **Address:** 40 Hazlebarrow Grove **Oct 2018** 1 **IER** Sheffield S8 8AT ## **Section B Disclosure** Only complete if the examiner needs to highlight material 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** . **Oct 2018** 2 **IER**