Charity Number- 326834 Africa Christian Fellowship (UK & Eire) Accounts 31 August 2024 Africa Christian Fellowship (UK & Eire) Trustees. report The Trustees present their report and financial statements for the year ended 31 August 2024. Trusteees throughout the year and at the date of this report Dr Charles Oluwaroken Alonge- Chair Dr Emmanuel Chukwuemeka Uwannah Mr Vidor Chilekwa Revefend Julius Kariuki Muiruri Dr Abiodun Adeyemi Structure, governance and management The fellowship is set up under a Constitution adopted on 19 January 1985 and is on the Charity Commission register number 326834. Objectives and activities The objects of Ihe fellowship as set out in the Declaration of Trust are.. to advance Christian Faith in the United Kingdom or abroad the relief of persons who are in conditions of need, hardship or distress or who are aged or sick 'in the United Kingdom or abroad the furtherance of its religious and charitable activities in accordance wilh tts objects the raising of funds to further the said objects Summary of the main activities in relation to these objects In line with the provisions of our constitution, the organisation continues to engage in actiwties relating to: Developing and uniting Christians in evangelism Promoting social integration Dissemination of information- and Providing assistannce to people through charitable aclivites Africa Christian Fellowship (UK & Eire) Trustees. report Achlevements and perfomiance The organisation continues to redefine its roles and perform its primary activities in meeting the needs of people both in the UK, Africa and elsewhere. Through our regular activities, training, family support. support for orphanage. support for homeless people and youth development, we have been able to reach and touch many lives including orphans, socially deprived and disadvantaged people, particularly in Africa and the United Kingdom. Financial Review There was a deficit for the year of £3,306 in the unrestricted fLsnds. The unrestricted funds represent income eamed but not yet utilised in supporting the charitable activities. Reserves policy At 31 August 2024 the charity held £124,63912023 £127,621) in bank balances, which the trustees considered to be adequate to allow them to continue to advance the activities of the charity. Statement of Trustees. responsibilities Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each year which give a true and fair view of the charity's financial activities during the year and of it's financial position at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and.. select suitable accounting policies and then apply them consistently make judgements and estimates that are reasonable and prudent prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in business. The Trustees are responsible for keeping proper accounting records which disclose. with reasonable accuracy, the financial position of the charity, and which enable Ihem to both ascertain the financial position of the charity and ensure that the financial statements comply with the Companies Act 2006. They are also respor7sible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. This report was approved by the board on 23 May 2025 Twstee Africa Christian Fellowship (UK & Eire) Independent Examiner's Report to the Trustees I report on the accounts of the Charity for the year ended 31 August 2024 which are set out on pages 4 to 6. Respective responsibilities of trustees and examiner The charitys trustees are responsible for the preparation of the accounts. The charitys trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under section 145 of the Charities Act to follow procedures laid down in the general Directions given by the Charity Commission (under section 145(5}Ib) of the Charities Act , and to state whether particular matters have come to my attention Basis of independent examiner's report My examinalion was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether Ihe accounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Independent examiner's statement In the course of my examination, no matter has come to my attention 1. which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with section 130 of the Charities Act , and to prepare accounts which accord with the accounting records and comply with the requirements of the Charities Act have not been met, or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Fiona Fraser ACA 23 May 2025 Africa Christian Fellowshlp {UK & Eire) Statement of recelpts and payments for the yoar ending August 2024 Note Unrestricted Restricted Funds Funds 2024 2023 INCOMING RESOURCES Gifts and donations Gift aid Claim Annual conference fees Other income Interest received 30,004 975 30,979 17,707 15,608 15,608 10,272 1,836 1,836 52 TOTAL INCOMING RESOURCES 47,448 975 48,423 28,031 RESOURCES EXPENDED Activities relatin9 to the Charity's objects Cost of generating funds Charitable activitles Legal fo9S Governance costs Depreciation TOTAL RESOURCES EXPENDED DEFICIT FOR THE YEAR 43,688 3,952 660 221 48,521 11,0731 2.223 45,911 3,952 660 221 50.744 12,3211 24,815 1.890 660 2,223 11,2481 27,365 666 Balances brought forward 1 September 2023 58,299 68.662 126,961 126,295 Balances Carried forwanl 31 August 2024 57,226 67,414 124,640 126.961 There were no recognised gains or losses for the year other than those included in the Statement of Financial Activities. Africa Christian Fellowship (UK & Eire) Balance Sheet at 31 August 2024 Notes 2024 2023 Fixed Assets Net tangible assets 661 Current assets Banklbuilding society balances Other debtors 124,639 127,621 124,639 127,621 Current liabilities Other liabilities 660 660 660 660 Net current assets 123,979 126,961 Net assets 124,640 126,961 Capital account Unrestricted funds Restricted funds 57,226 67,414 58,299 68,662 124,640 126,961 These accounts were approved by the board of trustees on 23 May 2025 and signed on its behalf by-. Trustee J)2 (4iiKL'u LTrCtA L1tsJAN￿a1* Africa Christian Fellowship (UK & Eire) Notes to the Accounts for the year endlng August 2024 1 Accounllng pollcles al Basis of preparation The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice, Accounting and Reporting by Charities {SORP 2005} issued in April 2005 and applicable accounting policies adopted in the preparation of the financial statements. bl Restricted funds Restricted funds are collected and disbursed for the purpose for which the fund has been set up. All other funds are unrestricted. From time to time the trustees designate certain monies for specific purposes. 2 Tangible Fixed Assets Equipment Plant & machinery Total Cost at 1 September 2023 Additions As at 31 August 2024 8,088 8,088 882 8,970 882 882 8,088 Depreciation at 1 September 2023 Charge for the year As at 31 August 2024 8,088 8,088 221 8,309 221 221 8,088 Net book value 31 August 2024 661 Net book value 31 August 2023 3 Charitable actlvltles Unrestricted Restricted funds funds 2024 2023 Annual conference expenses Ministry costs Acacia Partnership Trust Benue State Relief Rent and rates Office expenses Webstte design 25,057 9,037 25,057 9,037 2,200 300 3,426 3,000 820 4,794 489 2,200 4,794 2,150 182 4.794 2,233 182 83 41,220 2,283 43,503 12,829 Africa Christian Fellowship (UK & Eire} Notes to the Accounts for the year ending August 2024 4 Govemance costs No remuneration was paid to the trustees during the year. No expenses have been reirnbursed to any of the trustees. 5 Creditors - amounts falling due wlthin one year 2024 2023 Accruals 660 660 6 Net movement in funds for the perlod The net movement in ftsnds for the period is stated after charging= Legal fees Accountancy fees 3.952 660 660 7 Analysls of net assets between funds Net tangible Net current fixed assets assets 2023 Unrestricted funds General funds Restrcited funds Building funds/Africa Appeal foundation 57,226 55,930 67,414 124,640 70,365 126,295 8 Future developments The charity formed a company limited by guarantee on 5 August 2019- Africa Christian Fellowship (ACF) Ventures Ltd {registr8tion number 12138998) with the aim to purchase propety. However. a suitable pemises was not found. On 25" February 2022, an extraordinary meeting of the ACF was held for the purpose of transiting to a Charity Incorporated Organisation {CIO} was held. Following the registration of the CIO on 19 September 2024, the Trustees gave effect to the decision that ACF Ventures Ltd be closed in their meeting of 26 October 2024.