APOSTOLIC FAITH MISSION - STEVENAGE
The advancement of Christian Religion according to the Holy Scriptures as contained in our Confession of Faith
Objects
THE ADVANCEMENT OF THE CHRISTIAN RELIGION ACCORDING TO THE HOLY SCRIPTURES AS CONTAINED IN OUR CONFESSION OF FAITH SET OUT IN THE SCHEDULE HERETO
Financial health, per its FY2025 accounts
The accounts state that total incoming resources increased to £199,318 while expenditure rose to £125,159, resulting in a net movement in funds of £69,542. The trustees report free unrestricted reserves of £72,365, which they consider sufficient to meet current and future risks and maintain the charity as a going concern.
What the accounts disclose
“Tithes which increased from £80,277 (2024) to £81,507 (2025)” — page 8
“The church trustees review the level of funds in reserve which is the amount of unrestricted funds not supporting tangible assets to be equal to about three months of total anticipated expenditure for the financial year.” — page 8
Policies the charity declares
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Safeguarding vulnerable beneficiaries
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- COLLINS CHITSA
- EVERSON GWASHAWANHU BSc
- Marvellous Elias Mavunga
- SHARON TAFURA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £199k | £130k |
| 31/03/2024 | £160k | £114k |
| 31/03/2023 | £125k | £111k |
| 31/03/2022 | £76k | £81k |
| 31/03/2021 | £89k | £73k |
Common questions
Is APOSTOLIC FAITH MISSION - STEVENAGE financially healthy?
Per its FY2025 accounts: The accounts state that total incoming resources increased to £199,318 while expenditure rose to £125,159, resulting in a net movement in funds of £69,542. The trustees report free unrestricted reserves of £72,365, which they consider sufficient to meet current and future risks and maintain the charity as a going concern. Its FY2025 accounts were independently examined.