## **REGISTERED CHARITY NUMBER: 1187883** ## **REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2023** ## **FOR** ## **ZIMBABWE NATIONAL ANGLICAN FELLOWSHIP UK** Page | i **ZIMBABWE NATIONAL ANGLICAN FELLOWSHIP UK** ## **REPORT OF THE TRUSTEES** **FOR THE YEAR ENDED 31[ST] DECEMBER 2023** ## **CONTENTS** **Page Report of the trustees................................................................................... 1 Reference and administrative details ......................................................... 7** Page | ii **ZIMBABWE NATIONAL ANGLICAN FELLOWSHIP UK** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31[ST] DECEMBER 2023** The trustees present their report with the financial statements of the charity for the year ended 31[st] December 2023. In this report, the trustees have adopted the Charity Commission template for the preparation of annual reports for small non-company charities (SORP FRS 102). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives** The purpose of the Charity is to advance the Christian faith for the public benefit in the UK. The strategy to achieve this objective is mainly, but not exclusively, through: - i. providing a place of worship - ii. providing pastoral care and outreach - iii. providing religious education - iv. providing a strong link with the practice of the faith in Zimbabwe. - v. promoting an awareness of social responsibilities through interpersonal relationships - vi. promoting and developing individuals or branches/guilds talent in the church. - vii. supporting and promoting local and Zimbabwean charity organisations. ## **Summary of Main Activities** The Charity structure in 2023 remained unchanged with 12 branches and 5 guilds. However, these branches were grouped into three regions to decentralise what previously were national events. For the year under review, the main activity of the charity was advancing the Christian faith through the holding of monthly church services at each branch. All branches returned to in person services with occasional virtual services. National Conferences for the Fellowship and all the Guilds were held in person. The numbers of attendees generally improved on previous year’s attendances. As part of our outreach, the ZINAFE took part in Racial Justice services in some dioceses, as well as joining in Black History month activities. ## **Public benefit** The trustees of Zimbabwe National Anglican Fellowship UK confirm that they have had due regard to the Charity Commission’s guidance on public benefit at all relevant times. Page | 1 **ZIMBABWE NATIONAL ANGLICAN FELLOWSHIP UK** ## **REPORT OF THE TRUSTEES** **FOR THE YEAR ENDED 31[ST] DECEMBER 2023** ## **ACHIEVEMENTS AND PERFORMANCE** The Charity continued with in person services. New skilled members arriving under COS schemes continue to add to the growth of the Fellowship, joining our branches across the country. The Charity also received new clergy who joined their families in the UK. Internally, the Charity had one deacon priested during the year under review. Work with the National Racial Justice continued with both clergy and laity. Clegry continued to participate in Church of England Mentor Directory Ministry and Minority Ethnic Vocations Ministry. Page | 2 **ZIMBABWE NATIONAL ANGLICAN FELLOWSHIP UK** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31[ST] DECEMBER 2023** ## **FINANCIAL REVIEW** As in previous years, the fellowship's main sources of income were member donations and subscriptions. At the beginning of the year fellowship still had funds carried over from the previous year. Fundraising activities contributed to the Reserved Funds for the Fellowship. The accounts show that the Charity’s financial position declined by just over 47%. This is attributable in large part to a large one-off over-spend at the annual conference held at a new venue for the first time. Outside the one-off over-spend, the deficit amounted to 13% of the closing balance from 31 December 2022. The Charity’s financial position remains reasonable although a healthier position would have been more desirable. ## **Income** The annual income for the Charity stood at £ 46,663. ## **Expenditure** Total expenditure for the year was £ 79,816. ## **Reserves** The total reserves for the year under review stood at £ 20,763 excluding reserved funds. ## **Reserves policy** The trustees have maintained a reserves policy set at 25% of total annual expenditure. This level will enable the Charity to continue functioning in the case of an unforeseen drop in income or increase in expenditure at any time. The reserves will provide a stop gap to allow the trustees to restructure the operations of the Charity to bring the spending in line with the income whilst minimising the disruptions to the work of the fellowship. General reserves are not restricted to or designated for a particular purpose. As of 31 December 2023, the balance of the general reserves stood at £20,763, excluding designated funds. The reserves from the third year of operation declined by an amount of £35,117. Total annual expenditure from charitable activities, excluding activities associated with reserved funds, was £79,358. Page | 3 **ZIMBABWE NATIONAL ANGLICAN FELLOWSHIP UK** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31[ST] DECEMBER 2023** ## **Going concern** For the year under review the Charity remains in a reasonable but weakened financial position and as trustees, we are of the opinion that the financial statements should continue to be prepared on the basis that the charity is a going concern for the next 12 months. We have taken into consideration the impact of the one-off conference over-spend during the year under review, and have worked with management to mitigate against such future occurrences. The charity has adequate financial resources to enable it to manage short to medium-term operational and financial risks. Page | 4 **ZIMBABWE NATIONAL ANGLICAN FELLOWSHIP UK** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31[ST] DECEMBER 2023** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The Zimbabwe National Anglican Fellowship UK is a Charitable Incorporated Organisation (CIO) with voting members. It is registered with the Charity Commission under registration number 1187883. Our governing document is an ‘Association’ Model Constitution. Whilst the constitution is the supreme governing document, the fellowship also has a set of Rules and Regulations which aid, but do not override, the constitution in the conduct of the fellowship’s activities. The Rules and Regulations were amended at the 2023 Annual General Meeting to streamline the day-to-day operation of the charity. Membership of the CIO is via annual subscription payable through the branches. ## **Recruitment and appointment of trustees** The Trustees are recruited from any eligible persons of age 16 years and over. Trustee vacancies arising may be filled by the decision of the members at the annual general meeting of the CIO. For any vacancies not filled at the annual general meeting, the members or the charity trustees may at any time decide to appoint a new charity trustee, whether in place of a charity trustee who has retired or been removed in accordance with the provisions of the constitution, or as an additional charity trustee. A person appointed trustee by the members of the CIO or by the charity trustees outside the annual general meeting shall retire at the conclusion of the next annual general meeting after the date of his or her appointment. ## **Organisational structure** The Zimbabwe National Anglican Fellowship UK is run on a day-to-day basis by a National Executive Council elected from amongst the membership of the CIO. As a Christian organisation, the pastoral care provision is led by ordained members of the clergy under the direction of the Priest-in-Charge. Members of the clergy in active service within the fellowship meet the Church of England Diocesan standards in terms of possession of the required licenses/permits to officiate and safeguarding. The charity is organised into 12 branches located in different geographical areas in England. Each branch pays annual affiliation fees. In line with the practice of the faith in Zimbabwe, the charity is also organised into active guilds which also pay annual affiliation fees. Page | 5 **ZIMBABWE NATIONAL ANGLICAN FELLOWSHIP UK** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31[ST] DECEMBER 2023** For the year under review, twelve branches were affiliated as follows: 1. South East Branch 2. South Coast Branch 3. South West Branch 4. LENO (Leicestershire and Northamptonshire) Branch 5. London Branch 6. Luton and Aylesbury Branch 7. Sheffield Branch 8. The North Branch 9. North West Branch 10. ZAB (Zimbabwe Anglicans in Birmingham) Branch 11. North East Branch 12. Leeds Branch The affiliated guilds were: 1. Zimbabwe Mothers Union Fellowship (ZMUF) 2. Zimbabwe Anglican Men’s Fellowship (ZAMF) 3. Vabvuwi 4. Anglican Young Adults (AYA) 5. Anglican Youth of Zimbabwe (AYZ) Page | 6 **ZIMBABWE NATIONAL ANGLICAN FELLOWSHIP UK** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] DECEMBER 2023** ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **TRUSTEES** Rev L. Mutete (appointed 11.02.2020) Dr T Zhou (appointed 11.02.2020) Mrs J Nyatsambo (appointed 18.10.2020) L.M. Shiridzinomwa (appointed 18.10.2020) G. Gombera (appointed 18.10.2020) S. Chapunza-Mhindurwa (appointed 19.06.2021) Mrs T Mwamuka (appointed 19.06.2021) Rev T J Matsveru (appointed 19.06.2021) Miss T. Kuwengwa (appointed 19.06.2021) **CONTACT ADDRESS** 105 Godwin Road Hove East Sussex BN3 7FS **CHARITY NUMBER** 1187883 **INDEPENDENT EXAMINER** David B Flint FCA 3 Douglas Road Halesowen West Midlands B62 9HS Page | 7 **ZIMBABWE NATIONAL ANGLICAN FELLOWSHIP UK** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] DECEMBER 2023** **FUNDS HELD AS CUSTODIAN TRUSTEES ON BEHALF OF OTHERS** NIL ## **EXEMPTIONS FROM DISCLOSURE** NONE ## **DECLARATIONS** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s) Dr Tinozivashe Zhou Position (eg Secretary, Chair Chair, etc)** **Date 31 October 2024** Page | 8 ZIMBABWE NATIONAL ANGLICAN FELLOWSHIP UK Charity number: 1187883 Accounts for the Year Ended 31st December 2023 |Receipts
Note
Conference Receipts
Collections
Harvest
Anglican EL
Subscription
Donations
Affiliation Fees
ZIM Day
Interest
Membership fees
Zinafe House Fund
Payments
Conference Payments
Employment Costs
Travelling Expenses
Loan Repayment
Transfer of funds
Mothers' Union
Youth
Safeguarding
Subscriptions payments
Fundraising
Surplus/(Deficit) for the Year
Balances b/f at 1st January 2022
Balances b/f at 31st December 2022
Bank Balances at 1st January 2023
Surplus/(Deficit) for the Year - Unrestricted Funds
Surplus/(Deficit) for the Year - Restricted Funds
Bank Balances at 31st December 2023
Bank Account Balances as at 31st December 2023
Natwest
Natwest Reserve
Lloyds On Line|Unrestricted
Restricted
Total
£
£
£
18,028
18,028
12,639
12,639
8,423
8,423
2,606
2,606
2,032
2,032
1,841
1,841
530
530
185
185
156
156
150
150
75
75| |---|---| ||43,982
2,681
46,663| ||(41,252)
(458)
(41,710)
(13,988)
(13,988)
(7,200)
(7,200)
(6,278)
(6,278)
(6,000)
(6,000)
(2,420)
(2,420)
(1,500)
(1,500)
(484)
(484)
(216)
(216)
(20)
(20)| ||(79,358)
(458)
(79,816)| ||(35,375)
2,223
(33,152)
56,138
13,425
69,563| ||20,763
15,648
36,411| ||Current A/c
Reserve A/c
Total
56,688
12,875
69,563
(35,375)
2,223| ||20,763
15,648
36,411| ||Unrestricted
Restricted
Total
19,741
(53)
19,688
573
12,579
13,152
449
3,122
3,571| ||20,763
15,648
36,411| Signed Dr Tinozivashe Zhou - Chairman of Board of Trustees Mrs Tandiwe N Mwamuka -Member of Board of Trustees 1 of 2 ZIMBABWE NATIONAL ANGLICAN FELLOWSHIP UK Charity number: 1187883 Accounts for the Year Ended 31st December 2023 |Restricted Funds
Balance b/f at 1st January 2023
Receipts
Payments
Balance b/f at 31st December 2023|Bereavement
Fund
Zinafe
House
Fund
Zinafe
Choir
Anglican
EL
Donation
from
Lambeth
Conference
BMZ
Conference
Fees
Total
Restricted
Funds
£
£
£
£
£
£
£
5,442
4,026
500
3,000
457
13,425
75
2,606
2,681
(457)
(457)| |---|---| ||5,442
4,100
500
2,606
3,000
15,648| 5 2 of 2 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trustees ZIMBABWE NATIONAL ANGLICAN FELLOWSHIP UK On accounts for tho year ended 31 December 2023 Charity no (if any) 1187883 Sot out on pages 1and2 I report to the trustees on my examination of the accounts of the above charity (Ihe Trust") for the year ended 31 De￿mber 2023 Responsibilitios and basis of roport As the charitys trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('thè Act.). I feport in respect of my examinalion of the Trusys 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)Ib) of the Act. Independent I have completed my examination. I confim that no material rnatters have examiner's ststement come to my attention in connection with the examination which gives me cause to believe that in, any material respect= I have no concems 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 accounls to be reached. Signed: Date: 13° October 2024 Namo: David B Flint Relevant professional quallficationlsl or body (If any): FCA Addre$¥: 3 Douglas Road Halesowen West Midlands, B62 9HS IER Oct 2018