REGISTERED COMPANY NUMBER: SC597151 (Scotland)

REGISTERED CHARITY NUMBER: SC048812

Report of the Trustees and

Financial Statements for the Year Ended 31 March 2025

for

Agape For All Nations Ministries

International Limited

Page

Report of the Trustees

1

Independent Examiner's Report

6

Statement of Financial Activities

7

Balance Sheet

8

Notes to the Financial Statements

10

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the Ministry are to advance the Christian Faith in such ways and in such parts of the United Kingdom, Europe, Africa, and other parts of the world as the Executive Board from time to time may think fit, and more specifically:

a) To evangelise all over the world and to accept into church membership those who are recognised believers, either born again or transferring from other churches.

b) To promote true fellowship among and with other Christian organisations who may share the Ministry's beliefs and vision.

c) To organise and plan the formation and building of churches wherever the need arises.

d) To find the lost and equip the found.

e) To spread education according to the Christian faith and the principles of the Ministry among all its members worldwide.

f) To appoint and train suitable men and women of all nations and races to act as Bishops, Evangelists, Pastors, and Teachers of the Word of God.

g) To establish, encourage and support charities of every description in accordance with the principles of the Ministry, whether under the direct of the management and control of the Ministry or in conjunction with other bodies having like or similar objectives.

h) To provide, acquire, build, and maintain a place or places of public worship.

i) To hold and otherwise promote religious meetings, conferences and conventions including the arrangement of accommodation for persons attending the same.

j) To establish and/or support any other charitable body, and to make donations for any charitable purpose falling within the objectives and to collect donations and subscriptions (whether periodical or otherwise).

ACHIEVEMENTS AND PERFORMANCE

General Church Activities

Regular church activities/conferences have continued to be undertaken largely through face-to-face gathering. Virtual services both internationally, nationally, and locally have remained a great success. Two daily sessions of Prayer meetings each of one hour, morning and evening have continued to grow from strength to strength.

Many saints have been revived, strengthened, and encouraged spiritually as they have committed to daily attendance to these prayer meetings. Many have received their healing, deliverance and breakthroughs as God touches his people.

Overall, key gatherings are listed below:

a) Passover - Easter

b) Leadership Seminar (part 1)- May

c) Prayer & Baptism - June

d) Temple Building and Thanksgiving- July

e) Family Conference - August

f) Men's Push Camp - September

g) Ladies Push Camp (part 2) - October.

h) Youth Push Camp - November

i) Leadership Seminar (part 2) - November

j) Temple Building & Thanksgiving; Christmas & Threshing Floor Get together - December.

k) Leadership Meeting - February

l) Ladies Push Camp (part 1) - February

Church growth

The UK national church operations and other smaller church fellowships including those at area and satellite levels are done through a mix of virtual and face-to-face meetings. The zoom platform has become a major feature in the way we conduct our international meetings (both leadership training and daily prayer sessions - in the mornings and evenings).

This platform continues to be instrumental in enhancing church fellowships or gatherings like counselling, youth activities, children's choir, and bible studies.

In the period, 2024/2025, successful mission trips to Malawi, and Zambia were undertaken. These trips have proved essential in strengthening and bolstering steady growth of the church in these nations. The LORD God is growing His church in the continent of Africa in a special and mighty way for they are more receptive to the word of God and easily and genuinely open their hearts to the powerful move of the Holy Spirit

Africa is receiving the word of God with open hearts and is showing a lot of hunger for the powerful move of the Holy Spirit.

Leadership, training, and management

The various Boards of the Ministry have continued to meet on regular basis. Each Board member has an area of responsibility to champion within the church. Health and safety training course was conducted virtually for all leadership of the Ministry. Other general leadership training seminar conducted biannually benefiting all cadres of leadership.

Property maintenance and development

God has allowed and provisioned for the ongoing refurbishment work of the Agape Miracle Rain Centre (AMRC) in Derbyshire, UK.

The Agape Development Enterprise (ADE) team continued to oversee the refurbishment, repair and maintenance work at the AMRC. Specifically, the auditorium has been refurbished and now in use for services. The kitchen too has been restored to excellent condition. Other jobs fitted with new elements are the security cameras and equipment, plumbing and electrics.

Together with the Executive board, they continue to be vigilant for income generation opportunities to make the AMRC site a fully operational for holding conferences and other vital ministry activities.

Similar developmental activities are taking place outside of the UK, like Malawi and Zimbabwe.

General administration & finance

The Ministry maintained an updated Membership Register throughout the year.

The directors are responsible for all administrative and financial functions of the Ministry.

Principal sources of funding are the charity's members and supporters' giving in both donations and gift aid income.

FINANCIAL REVIEW

Results for the year

Total donations and receipts for the year decreased by around 4% (from £126,152 to £120,794), mainly due to lower gift aid claims. Charitable expenditure has fallen from £88,656 to £69,096 (23%), this is mainly due to the capitalisation of many of the development costs for AMRC in Derbyshire.

There has been a surplus for the year of £51,698 (2024: £37,496) which has led to an increase in reserves from £295,106 in 2024 to £346,804 in 2025.

Funding

Efforts continue to encourage the members and supporters who pay UK tax to participate in the Gift Aid Scheme. Gift Aid claims when lodged is another substantial way of boosting Ministry income.

Reserves policy

It is the charity's policy to maintain unrestricted funds at a level that equates to two to three month's unrestricted expenditure, approximately £50,000. This allows sufficient funds to enable the ongoing work of the church to be maintained. Total reserves, including the net book value of fixed assets amounted to £346,804 (2024: £295,106).

The net book value of fixed assets at 31 March 2025 is £352,091 (2024: £337,574) leaving negative free reserves of £5,287 (2024: -£42,468), with no reserves held in restricted funds. The charity will continue to build on reserves to meet the policy of holding "free reserves" of around £50,000.

A surplus has been generated year on year and the Trustees are confident that they can eliminate the negative reserves next year and continue to build reserves for the future.

Grant Making Policy

The charity does not make grants to individuals or other organisations for specific purposes. As stated in the objects however the Ministry will give donations from time to time to other charitable bodies with similar aims, objectives, and values.

Statement of Risk

The Trustees continuously assess the main financial risks the charity faces and have established systems to manage these risks.

No one person can make a transaction from the charity's account (two signatures required). No person shall have any claim of the property of the ministry as specified by the Constitution. Trustee Liability Insurance is in place and an asset register is maintained.

A formal risk register is updated regularly and used to manage risks.

PLANS FOR THE FUTURE

Accounting systems and business processes continue to be closely monitored at local and national level to allow effective management accounts to be produced on a timely basis.

Strong links continue with overseas church groups in Nigeria, Malawi, Botswana, Uganda, Kenya, Zambia, Zimbabwe, South Africa, USA, and Poland.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Agape For All Nations Ministries International Limited is a Company Limited by Guarantee.

Agape For All Nations Ministries International Limited (SC048812) was set up to replace Agape For All Nations Ministries International (SC039070) Agape For All Nations Ministries International (SC039070) has now wound up and passed its assets and liabilities to Agape For All Nations Ministries International Limited (SC048812) which is a charitable company registered with Companies House. The charity began trading as Agape For All Nations Ministries International Limited (SC048812) on 01 April 2019.

Trustees and Office Bearers

Trustees/Directors

The charity Trustees/Directors are responsible for the corporate and financial governance of the Ministry, and for holding the land and any other property of the Ministry. The Trustees are usually appointed either from out with the Ministry or from members of the Ministry. The minimum number of Trustees is two and the maximum is seven.

A new Trustee is provided with a Trustees pack including copies of recent minutes and background information on the Ministry's history, development, values, and current strategy.

Trustees are kept up to date with current issues affecting charities and Trustee responsibilities by access to professional publications such as "Governance" as well as information circulated by the Office of the Scottish Charities Regulator (OSCR).

Executive Board

The general management of the Ministry is vested in an Executive Board comprising members of the Ministry. The current High Commissioner of the Ministry also serves as the Executive Board Chairman. The Executive Board consists of at least five members and there is no maximum number of members.

Finance Board

The Executive Board appoints a Finance Board. Once appointed, the Finance Board operates independently of the Executive Board. The Executive Board Chairman is not a member of the Finance Board.

Satellites

Local assemblies are known as Satellites. At a Satellite level the management of the Ministry is vested in a Management Committee, whose chairperson is the local Spiritual Leader. Each Management Committee consists of not less than three members of the Ministry who are nominated by, or may be members of, the Spiritual Leadership of the Church. There is no set maximum number of members.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

SC597151 (Scotland)

Registered Charity number

SC048812

Registered office

60 Constitution Street

Edinburgh

EH6 6RR

Trustees

F Aturia

M Madume

N R Mandimutsira

L Nechibvute

E T Njenje Trustee

Independent Examiner

Mathew Gillies LLB (Hons) ACPA FCIE

Cowan & Partners Limited

60 Constitution Street

Edinburgh

EH6 6RR

Principle address

Agape Miracle Rain Centre (AMRC)

2 Boat Lane

Aldercar

NOTTINGHAM

NG16 5PR

United Kingdom

Approved by order of the board of trustees on 20 December 2025 and signed on its behalf by:

F Aturia - Trustee

I report on the accounts for the year ended 31 March 2025 set out on pages seven to eighteen.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report

My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with 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 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and

-	to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations

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.

Mathew Gillies LLB (Hons) ACPA FCIE

Full member of the Association of Charity Independent Examiners

Cowan & Partners Limited

60 Constitution Street

Edinburgh

EH6 6RR

22 December 2025

31.3.25

31.3.24

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

120,551

-

120,551

125,535

Other trading activities

3

-

-

-

110

Investment income

4

243

-

243

507

Total

120,794

-

120,794

126,152

EXPENDITURE ON

Charitable activities

5

Charitable

69,084

-

69,084

88,656

NET INCOME

51,710

-

51,710

37,496

RECONCILIATION OF FUNDS

Total funds brought forward

295,106

-

295,106

257,610

TOTAL FUNDS CARRIED FORWARD

346,816

-

346,816

295,106

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The Statement of Financial Activities includes all gains and losses recognised in the year.

31.3.25

31.3.24

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

11

352,103

-

352,103

337,574

CURRENT ASSETS

Cash at bank

43,293

-

43,293

45,853

CREDITORS

Amounts falling due within one year

12

(48,580

)

-

(48,580

)

(42,152

)

NET CURRENT ASSETS

(5,287

)

-

(5,287

)

3,701

TOTAL ASSETS LESS CURRENT LIABILITIES

346,816

-

346,816

341,275

CREDITORS

Amounts falling due after more than one year

13

-

-

-

(46,169

)

NET ASSETS

346,816

-

346,816

295,106

FUNDS

16

Unrestricted funds

346,816

295,106

TOTAL FUNDS

346,816

295,106

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 20 December 2025 and were signed on its behalf by:

F Aturia - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Agape For All Nations Ministries International Limited (SC048812) and Agape For All Nations Ministries International (SC039070) merged on 1 April 2019. At that date all assets and liabilities were transferred from Agape For All Nations Ministries International (SC039070) to Agape For All Nations Ministries International Limited (SC048812).

The accounts are presented in sterling which is the charity's functional currency, and rounded to the nearest pound.

No changes have been made to the basis of preparing the financial statements this year or to the previous year's financial statements.

Going Concern

The trustees consider that despite the concerns raised regarding the reserves policy, there are no material uncertainties about the Charity’s ability to continue as a going concern and therefore the accounts are prepared on a going concern basis.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements conforms with the requirements of the Charities SORP and general accepted accounting principles. The only area in which it is considered that accounting estimates and areas of judgement have been applied is depreciation, the policy on which is outlined below.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Donations, legacies and similar incoming resources are included in the period in which they are receivable, which is when the charity becomes entitled to the resource.

Charitable income includes income from conferences, which is recognised when the charity has delivered the conference and is therefore entitled to the income.

Other trading income includes the sale of goods at the conferences, which is recognised when the charity has sold the goods and is therefore entitled to the income. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the charity, where this can be quantified, and a third party is bearing the cost in accordance with Charity SORP (FRS 102), services provided by volunteers are not recognised.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Expenditure on raising funds includes costs associated with generating income for the charity, either through fundraising initiatives or sales of items to beneficiaries. Expenditure on charitable activities includes costs incurred in supporting the charity and its objectives as set out in he Report of the Trustees.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities, those costs of an indirect nature necessary to support them and an allocation of governance costs.

Support costs are allocated between governance costs and other support costs. Governance costs comprise of those costs involving the public accountability of the charity and its compliance with regulations and good practice. They therefore include the costs os statutory audit or Independent Examination, together with the costs of trustees' meeting and some staff costs. other support costs relate to the administrative costs of running the charity and are allocated to charitable activities accordingly.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Property Development

-

2% on cost

Media equipment

-

25% on cost

Office equipment

-

25% on cost

Motor vehicles

-

25% on cost

Assets are reviewed for any indication of impairment at each balance sheet date. If such indication exists, the recoverable amount of the asset, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Debtors

Other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid net of any trade discounts due.

Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in a 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.

Cash at Bank and on Hand

Cash at bank and cash in hand includes cash and any short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

VAT

Agape for all Nations Ministries International Limited is not VAT registered and therefore all expenses are recognised gross of VAT.

2.	DONATIONS AND LEGACIES

31.3.25

31.3.24

£

£

Donations

96,077

92,307

Gift aid

24,474

33,228

120,551

125,535

3.	OTHER TRADING ACTIVITIES

31.3.25

31.3.24

£

£

Outreach income

-

110

4.	INVESTMENT INCOME

31.3.25

31.3.24

£

£

Deposit account interest

243

507

5.	CHARITABLE ACTIVITIES COSTS

Direct

Support

Costs (see

costs (see

note 6)

note 7)

Totals

£

£

£

Charitable

66,888

2,196

69,084

6.	DIRECT COSTS OF CHARITABLE ACTIVITIES

31.3.25

31.3.24

£

£

Insurance

4,327

4,444

Staff travel, training & dev.

20

397

Donations

-

760

Volunteer expenses

13,583

16,400

Conference costs

1,403

11,492

Development costs

16,483

13,633

Legal and Professional fees

3,946

11,803

Office support costs

7,362

4,458

Mission Costs

6,375

9,395

Motor expenses

497

141

T-shirts

202

-

Depreciation

8,868

7,630

Interest payable and similar charges

3,822

5,943

66,888

86,496

7.	SUPPORT COSTS

Governance

costs

£

Charitable

2,196

Support costs, included in the above, are as follows:

Governance costs

31.3.25

31.3.24

Total

Charitable

activities

£

£

Accountancy and legal fees

2,196

2,160

8.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.25

31.3.24

£

£

Depreciation - owned assets

8,868

7,630

9.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

Two trustees received expenses totalling £2,000 during the year (2024: £10,392) for travel, volunteering allowances and mission costs.

10.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

115,092

10,443

125,535

Other trading activities

110

-

110

Investment income

507

-

507

Total

115,709

10,443

126,152

EXPENDITURE ON

Charitable activities

Charitable

49,741

38,915

88,656

NET INCOME/(EXPENDITURE)

65,968

(28,472

)

37,496

Transfers between funds

(28,472

)

28,472

-

Net movement in funds

37,496

-

37,496

RECONCILIATION OF FUNDS

Total funds brought forward

257,610

-

257,610

TOTAL FUNDS CARRIED FORWARD

295,106

-

295,106

11.	TANGIBLE FIXED ASSETS

Property

Media

Office

Motor

Development

equipment

equipment

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

378,037

15,680

180,122

3,307

577,146

Additions

22,717

-

680

-

23,397

At 31 March 2025

400,754

15,680

180,802

3,307

600,543

DEPRECIATION

At 1 April 2024

43,021

15,680

180,064

807

239,572

Charge for year

8,015

-

228

625

8,868

At 31 March 2025

51,036

15,680

180,292

1,432

248,440

NET BOOK VALUE

At 31 March 2025

349,718

-

510

1,875

352,103

At 31 March 2024

335,016

-

58

2,500

337,574

No indicators of impairment in the year.

12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts (see note 14)

46,169

40,171

Accrued expenses

2,411

1,981

48,580

42,152

13.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans (see note 14)

-

46,169

14.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due within one year on demand:

Bank loans

46,169

40,171

Amounts falling between one and two years:

Bank loans - 1-2 years

-

46,169

15.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

46,169

86,340

Lloyds Bank Plc holds a fixed charge over the freehold property of Agape for All Nations Ministries International Ltd

16.	MOVEMENT IN FUNDS

Net

movement

At

At 1.4.24

in funds

31.3.25

£

£

£

Unrestricted funds

General fund

224,567

53,954

278,521

Designated Assets

70,539

(2,244

)

68,295

295,106

51,710

346,816

TOTAL FUNDS

295,106

51,710

346,816

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

120,794

(66,840

)

53,954

Designated Assets

-

(2,244

)

(2,244

)

120,794

(69,084

)

51,710

TOTAL FUNDS

120,794

(69,084

)

51,710