## **APOSTOLIC EXCELLENCE FOUNDATION - LEADERSHIP AT WORK - Charity No: 1195676 TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2022** # **APOSTOLIC EXCELLENCE FOUNDATION - LEADERSHIP AT WORK - Charity No: 1195676** **TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED - MARCH 31 2022** 1 # **APOSTOLIC EXCELLENCE FOUNDATION - LEADERSHIP AT WORK - Charity No: 1195676 TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2022** **APOSTOLIC EXCELLENCE FOUNDATION - LEADERSHIP AT WORK - Charity No: 1195676** **TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2022** |**Contents**

Cover
Content
Charity Information
Structure, Governance & Management
Objectives and Activities of the Charity
Achievement & Performance
Future Plan
Financial Review
Receipts and payments account
Notes on the fnancial Statements|**Page**
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7| |---|---| 2 # **APOSTOLIC EXCELLENCE FOUNDATION - LEADERSHIP AT WORK - Charity No: 1195676 TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2022** ## **CHARITY INFORMATION** The trustees present their report with financial statement for the year ended March 31[st] 2022 for charity Apostolic Excellence Foundation – Leadership At Work, Charity Number 1195676. ## **Chair:** Dr. Israel Owusu Ansah Fui **Trustees:** Ashley Hamilton Angela Meade Alexine Dumetz **Charity No:** 1195676 **Registered Address:** Alihart Ltd 10 Streatleigh Parade Streatham High Road LONDON SW16 1EQ 3 ## **APOSTOLIC EXCELLENCE FOUNDATION - LEADERSHIP AT WORK - Charity No: 1195676 TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2022** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The charity was registered on September 1[st] 2021 as a Charitable Incorporated Organisation. The charity consists of four Trustees and four volunteers. The trustees are responsible for the general governance of the Church and are mindful of Charity Law and its application to the Charity, when dealing with the vulnerable, the Charity ensures that they are CRB checked. The Trustees are also responsible for making decisions on matters of general concern including how the charity funds are to be spent. We do not have a permanent office, therefor meetings are held on Zoom and sometimes after the Church service on a Sunday. ## **OBJECTIVES AND ACTIVITIES OF THE CHARITY** The objective of the Church is for the benefit of the community: To unlock people’s potential into excellence; to enable them to be totally dependent upon the deep proven principles of God’s word; This, in turn will allow them to know what they must do effectively as they function and operate in their God’s given mandate and assignment in life. 4 ## **APOSTOLIC EXCELLENCE FOUNDATION - LEADERSHIP AT WORK - Charity No: 1195676 TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2022** ## **ACHIEVEMENTS AND PERFORMANCE** During the first year of starting our charity, we were able to ordain leaders for the Church. We also had the Church inauguration ceremony. Since then, we have been having regular Sunday services, we have a hall that we rent once a week. On Wednesdays we have our Zoom prayer meeting for the members and also periodic Maturity School of Ministry and Homiletics class for members and leaders. We have held our yearly Inner healing and Deliverance Conference with workshops for people who are in need of healing of the mind and emotions. ## **FUTURE PLANS** The Charity plans to continue to hold its regular services and yearly conferences and events for members and the community. We are also looking for a permanent building where we can do so much more for the community, such as feeding programs, having an outreach to help the elderly and the youths in our community. ## **FINANCIAL REVIEW** In the first financial year of the Charity, all the funds that came in, were used to purchase equipment, stationery, send out invites, 5 **APOSTOLIC EXCELLENCE FOUNDATION - LEADERSHIP AT WORK - Charity No: 1195676 TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2022** flyers, banners, hall preparation, refreshments for the ordination of ministers and the Church Inauguration. Our funds came through members, and associate members, and were used to help us to purchase most of what we needed. ## **RECEIPTS AND PAYMENTS ACCOUNTS** Income Receipts £ 2022 Donations and Giving (Note 1) 4,184 Total Receipts 4,184 **Payments** Hall hire 3793.94 Telephone & Website 252.00 Event Cost (note 2) 555.46 Banners and stationery 475.21 Equipment’s 259.00 Building Insurance 191.52 Total Payments 5527.13 6 ## **APOSTOLIC EXCELLENCE FOUNDATION - LEADERSHIP AT WORK - Charity No: 1195676 TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2022** **Closing Balance on March 31[st] 2022** **-1343.13** ## _**Note 1**_ DONATION Our income is received by way of tithe, offering and donation from Church members, and associates of the Charity. ## _**Note 2**_ ## EVENT COST Not having a place of our own means whenever we are having conferences we rent other establishments, which can cost more, some of our events can be 2 days. Bank Account We only recently opened our bank account with Natwest Bank, this was as a result of the COVID. Having a bank account enables the Charity to receive fundings, we are now able to advertise our details. Members and supporting members are now able to transfer funds whenever we are fund raising for the Charity. 7 APOSTOLIC EXCELLENCE FOUNDATION - LEADERSHIP AT WORK Charity No: 1195676 TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED MAR 22