REGISTERED NUMBER: 113T723

CHRISTIAN FAITH MINISTRIES INTERNATIONAL

REPORT AND FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2019

REGISTERED CHARITY NUMBER: 113T723


REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019

CONTENTS

PAGE

Reference and administrative information

Trustees' report

Independent examiner's report

Statement of financial activities

Balance sheet

Notes to the financial statements

4-10

12

13

14-15


REFERENCE AND ADMINISTRATIVE INFORMATION

Trustees

Kent HodgePeter CheesmanLuc De CosterPeter EmblingJohn HedgeRuth Hodge

Chair

Charity registration number

1137723

Registered once address

77a Coxtie Green RoadPilgrims HatchBrentwoodEssexCM14 5PS

Independent Examiner

Alan Redford FCA DChANeedham CottageNeedham GreenHatfield Broad OakBishops StortfordHertsCM22 7JT

Bankers

Metro Bank PLCOne Souihampton RowLondon WC1 B 5HA

Westpac Banking Corporation233-239 Cressy StreetDeniliquinNew South Wales 2710Australia


REPORT OF THE TRUSTEESFOR THE YEAR ENDED 31 MARCH 2019

The Trustees present their annual report and financial statements for the year ended 31 March 2019.The Trustees confirm that the annual report and financial statements of the Charity comply with theaccounting policies set out in Note 1 to the financial statements, the requirements of the Charity'sgoverning document and the Statement of Recommended Practice - Accounting and Reporfing byCharities - (Charities SORP FRS102).

Structure, governance and management

The charity adopted its constitution on 4 August 2010 and is registered as a charity by the CharityCommission for England & Wales.

The current Trustees, who have served throughout the year and since except where shown, are:Kent Hodge (Chair)Peter CheesmanPeter EmblingRuth HodgeLuc De Coster (appointed 9 September 2019)John Hodge (appointed 9 September 2019)

The constitution requires the charity to have a minimum of three Trustees. The initial Trustees (KentHodge, Ruth Hodge and Peter Chessman) were reappointed for three year terms at the 2017 AnnualGeneral Meeting held on 2 December 2017. Subsequently appointed Trustees are also appointed forthree year terms and Peter Embling was so reappointed at this 2017 meeting.

Objectives and Activities

The objects of the Charity are to promote the benefit of the public in Africa by:-e The advancement of education by the provision of facilities, courses, staff and materials.~ The advancement of the Christian religion, in particular but not exdusively by the provision of

education in theology, broadcasting messages of an evangelistic and teaching nature andproducing and distributing literature to enlighten the public about the Christian faith.

e The relief of poverty and the promotion and preservation of good health, community developmentand peace.

The charity's purpose is to support existing groups in Africa in ministering to their populations acrossall ethnic backgrounds. We work with leadership within Africa, and particularly with Christian FaithInstitute (CFI), operating as Christian Faith Mission (CFM) who have corresponding purposes to ourown, to promote our objectives and activities. We carry this out by making donations to fund theiroperations and the activities report below describes how our donated funds have been applied .

These include evangelism, church planting, missions, discipleship, pastoral training, crisis relief andcare, education (including vocational), peace building, community development and health services.The main areas of operation continue to be in Nigeria, especially the Northern regions and in Egypt,with graduates and trained people spilling over into many nations nearby, providing similar ministriesin their own regions.

ACTIVITIES FROM 2019Thank you to everyone who prayed for and who supported the activities of CFM in 2019. Below is a listof their main activities for the year, with proposed additional activities for 2020.

CHRISTIAN FAITH HOSPITALSThe main addition to CFM in Nigeria this year is the new medical centre. Last year we started buildingthe centre on our Wurin Alheri site and it was opened in February 2019. It has two fulltime doctors,and a total of 15 fulltime staff. Presently 12 students of medical affiliated studies are also doing theirtraining, working at the centre. Christian Faith Hospitals also runs a fellowship of doctors, who givetheir professional services freely in their spare time, to run specialistic clinics and to performoperations on our site. This enables us to serve the poorest people who come to us. The centreoperates dentistry and optometry clinics, in and outpatient services, serving around 1,000 patients per


month. This centre runs largely on charitable funding, to equip and to staff. A full report on the firstyear of operation will be out soon. The centre is registered as a hospital with the Nigerian PlateauState government Department of Health. A larger two-story facility is now being built on the WurinAlheri site, which we estimate will take two years to complete.

CHRISTIAN FAITH SCHOOLSAnother building was added to our school complex situated at Wurin Alheri, containing four newclassrooms, to cater for growing numbers of children. This building was furnished with desks andchairs made by the Christian Faith Vocational department. Also, work was begun and the structure ofanother two-story building, this time for offices for the school's administration, as well as moreclassrooms. Block work has risen to near the first-floor level, where a concrete decking shall be addedfor the second tloor, when funds are available.

OTHER BUILDINGSWork has started building dassrooms for a children's school at one of CFM*s mission stations in

Bauchi State, and to build one house for our mission leaders in another state. Cheaper classroomsblocks have been built in other mission stations as well. Work is ongoing to construct a bore hole in

our Gombe mission station as well as permanent missionary accommodation. Work has progressedon building two houses for the two main leaders of CFM in Nigeria. A large piggery is also being builtand we constructed a small plant nursery, which is being used to raise up seedlings, particulariy treesof benefit in soil regeneration and reforestation of decimated areas locally.

COIIIPUTER CENTRESTwo new computer centres were added in conflict zones at Barkin Ladi and at Miango. These aredrawing Christian and Muslim youth together and training them in computer skills and technology,while building relationships and peace in the region. We now have 6 computer centres, not countingCFI and at our chiklren's schools, which have so far graduated over 2,000 students. In every regionwhere these centres are running, we have seen peace take hold.

CHENA local charity was registered to help raise funds within Nigeria for children's school fees. This is tocover fees for our crisis home children, to cover fees we pay for crisis-affected children in localcommunity schools, and to cover subsidised fees for hundreds of children in our Christian FaithSchools. CFM pays out $36,000 every year to cover fees for poor children in other schools, all victimsof conflict, and about the same amount to cover fees for our crisis children. For the hundreds ofadditional children in our Christian Faith Schools, fees are about 1/3 of the cost they would be in othercomparable schools. This in total runs into a large portion of CFM"s annual budget. It is early days, butwe are working towards CHEN raising charity from donors within Nigeria in the years ahead to coverfees costs, to enable us to continue helping poorer children in education in the years to come. Weview this charity as essential to maintaining a peaceful future for the nations.

KENT FOUNDATIONThis is a second charity that has been launched and registered within Nigeria this year. Its purpose isto raise funds from persons, corporations and government bodies within Nigeria in the years ahead.This is to support CFM on a wider basis, including CFI and all the charitable arms of CFM. It's earlydays, but we believe the groundwork being done now will help sustain charitable ministry in the yearsahead.

OTHER CHARITABLE ARI/ISAII other arms of CFM have continued operation this year, including the bible college (CFI), gospeloutreach through media and personal training, the Crisis Care Homes, the children's schools, theVocational School, the Discipleship Centre, Vanguard for Peace, Missions Stations, churches, Egyptoutreach, agriculture, computer centres, print press, widow support, and welfare support within thecommunity. All these are running at capacity in numbers, reaching and discipling and caring forthousands of people, serving thousands in poverty relief and education.

yl/A TER PROJECTSAt the end of 2019 we are working on connecting the Wurin Alheri reservoir/ dam to the top of WurinAlheri, to use water for gravity imgation on the Wurin Alheri site. This involves pumping water almost1 kilometre up a 10 '/o incline and then storing the water in tanks at the top of Wurin Alheri. This will

help considerably in watering thousands of trees on the Wurin Alheri site (many of which are alreadyplanted) and help with dry season farming for our children in the crisis homes and staff of CFM. The

5


other water project completed this year was for three villages in Bomo State which were destroyed byBoko Harem. This was financed by the Belgium government through Kitanda Charity and involvedsinking three bore holes, installing water pumps, building overhead water towers, toilet blocks andwater collection centres for villagers. This allows many females to attend schools. Many existing hand-pump bore holes were also repaired in the three villages.

POWER PROJECTPower was provided to the Wurin Alheri site. This involved running power lines from the nearestcommunity about 3-4 kilometres away, and then erecting power infrastrudure with Wurin Alheri. CFMhad to pay for this entire project, with some help from one neighbour for the first 2 kilometres from thenearby township. This was completed early in 2019.We now have almost uninterrupted power, but stillrequire back up generators for when there are problems with the company power supply. The power issupplied by a private hydro company, not by the normal government power grid, not commonlyavailable in Nigeria.

PROJECT SUMIIIARYThis outline below is a summary, updated Dec 2019, showing the main areas of CFM's work, as theycurrently operate.

Christian Faith institute

An interdenominational bible college focusing on training grass-roots candidates from Nigeria's Islam-dominant, conflict fragile north and surrounding regions (Niger, Chad, Cameroon). CFI has around 400students in all deparlments: full time, part time, sandwich programs, at diploma, degree and master' slevels. All training is subsidised, because of extreme poverty following conflict in the region, with fullscholarships available for those in acute need. Diploma courses run in English and in the Hausalanguage (Nth Nigeria lingua franca) or French (official language of neighbouring nations), with higherstudies offered only in English. CFI also runs online bible school and a subscriber resource website, APeople of Peace, to provide books and articles and interaction about theology online with thoseinterested in current topics. Evaluation of effectiveness is assessed through student feedback,graduate feedback and feedback from pastors' 8 missionaries' assessment of students or graduatessent for practical traineeships, and through interaction with other local training centres and with visitingministries.

Christian Faith Assembly

These churches operate in 11 locations through CFM graduates who wish to affiliate. CFM alsoclosely relates to other local churches in the region. CFI graduates also plant hundreds of otherchurches in their home localities, through which CFM carries on a wider fellowship of pastors andgraduates. CFM relates to a network of around 10,000 pastors and missionaries in Nigeria andneighbouring nations in follow up care, teaching, counselling and conferences. Pastors conferenceshave been held by CFM with 1,000's of pastors in attendance.

CFN Mission Stations

Currently running in 6 locations, in remote regions further north east, these are set up to facilitate theoutreach of trained and called young men and women, CFI graduates, in a position to effectively reachtheir own people groups in remote, unreached regions, who are in need of support to do so. Theyplant churches, plant schools and run literacy training, basic medical assistance, and communityresource development programs where applicable as they share and live out the gospel message.Missionaries come to CFM HQ for quarterly training, interaction and support and are visited eachquarter by missions' team oversight for evaluation and assessment. A mission conference was held atCFM, with 2,000 missionaries in attendance, to rebuild after Boko Harem attacked their regions.

Christian Faith Schools

Providing Christ-centred, good quality education for around 1,000 children, nursery, primary andsecondary, and literacy & numeracy training for adults and youth who have not been privileged with

education. Around half receive scholarships, induding over 250 children from CFM's Crisis CareHomes, and the remaining children are subsidized. The school at Wurin Alheri is a fully accreditedexamination centre from Nigeria's WAEC and NEC exam boards. All our schools undergo annual


accreditation inspections from Nigerian government bodies. Our literacy centres are evaluated bymissions department leaders and our CF school administrator at least annually.

Children's Crisis Care Homes

Two homes currently care for 251 children, most orphaned in Boko Haram or Fulani attacks or othertragedies. There are also some rescued child brides and child soldiers, former Muslims, among them.Contact is assiduously maintained with children's extended family, with weekly phone calls and visitshome at Christmas and the long summer vacation wherever possible, and visits to the Crisis Homesby extended family members are encouraged. Children's cultures and mother tongues are maintainedwith help of home and school staff from their many ethnicities. Both homes work in co-operation withand are regularly inspected by Plateau State and FCT Social Services/ Welfare Departments. Childrenare brought to the homes by pastors, NGO's or social services, some for short term emergency socialcare by agencies. Social Welfare workers are involved in staff training in both homes. The homes alsowork co-operatively with SOS Villages, who run orphansges in Jos South, and with other socialagencies for staff training and sharing ideas. Each child at CFCCH has a termly interview to re-assessthe child's needs and allow the child an individual opportunity to voice concerns. AII children receivefull care: housing, dothing, feeding, discipleship, education and medical.

Discipleship Safe House

CFM runs a discipleship safe house at Wurin Alheri, helping 65 persecuted new Muslim backgroundbelievers whose lives were threatened, usually by their families, in 2019. Usually there are around 40to 50 young men and 5 to 10 young women. (Escape is much more difficult for the girls. ) They receivesafe accommodation, food, clothing, medical care, pastoral care and mentoring, discipleship training,literacy/numeracy training or education (as needed), and vocational skills training with CFM.Interaction with other safe-house network leaders of the region enables regular assessment &evaluation of CFM's safe house. CFM holds programs are with other pastors in our wider region, tosensitise and equip them for the need of discipling converts in danger in the sub-Saharan region.

Healing Justice

This is a humanitarian arm of CFM, working with a committee of local Muslim and Christian communityleaders to provide emergency care and relief to those suffering in the aftermath of violence andtragedy. HJ, with support from partners, has helped many thousands of people internally displaced inconflict (Boko Haram and Fulani attacks) with food, blankets, warm clothes and medical care, pastoralcare and comfort. In ongoing work HJ helps pay hospital bills when possible, rent for widows who arevictims of sexual coercion, and pays school fees for around 250 children of widows in the localcommunity. HJ community workers visit the destitute in their homes to encourage them and find thebest form of practical assistance. This often indudes helping widows to start a small business,sometimes providing the means, sometimes training and sometimes assisting them to access micro-finance loans. HJ works co-operatively with and is regularly assessed and evaluated by Plateau StateSocial Services department. HJ holds workshops, where beneficiaries and guardians come together toleam principles and skills for community and life improvement.

AHAV Tractors and Farming Co-operative

A farming co-operative has been developed between local neighbours, Christian and Muslim, formerlylocked in decades of bitter animosity and conflict, close to CFM HQ. This enables all communities toaccess "AHAV" (Hebrew for love) tractor services, greatly increasing yields for local farmers. Thecommittee also helped develop strategies for Wurin Alheri Reservoir. Former enemies are workingtogether for mutual benefit.

yyurfn Alheri (Place of Kindness) Reservoir

A seasonal stream below Wurin Alheri site was dammed 18 months ago to provide a significant waterreservoir, capturiing wet-season water run-off, enabling dry-season irrigation for local farmers, andpermanent water for cattle for local and semi-nomadic Fulani herders. It also supporls localbusinesses, like a block making industry that has already started on the dam site, providing signiTicantemployment. This builds peace by enhancing food security between groups in violent conflict fordecades, and in animosity for hundreds of years.


yyurin Alheri Farms

For sustainability, we raise poultry (chickens for eggs and meat), have a fish farm and growvegetables and crops at Wuiin Alheri to feed residents. We also raise geese, ducks, guinea fowl,rabbits and sheep. A piggery is under construction. A plant/ tree nursery has been set up. We haveover 1,000 fruit trees in an orchard under cultivation, beginning to produce small amounts of fruit after5 years. Our soils are degraded through mining. Soil regeneration, green fertilizer and "farming God' sWay" techniques are being explored, hoping to model this to our whole region to regenerate farmingland decreasing in yields over recent years. We also breed puppies: German Shepherds, CaucasianShepherds and St Bernard. Puppies are sold to dich people, who like these dogs as status symbols,funds put back into the farm development. Daniel, autistic-spectrum son of Kent & Ruth, helps carefor, train and socialize the dogs and puppies. This training makes the puppies popular.

Community Resource Development

Teams help local and remote communities work together to utilize their resources for ongoingdevelopment. Training communities to work together to maximize available resources overcomeshistoric development project pitfalls of maintenance failure and lack of co-operation. CFM has alsobeen involved in dassic development projects, working with Western organisations (mostly fromBelgium) as on-the-ground partners to install boreholes and pumps (electric and handpumps), buildschool classrooms and school toilets.

CF Media & Press

Weekly radio, TV and text messages go oub Books and other literature are printed at CFM Press, anew project yet to become financially self-sufficient, but hopefully will do in time, to generate income tosustain other projects and provide free schoolbooks for needy children.

Community Services

These normally include CFM staff and CFM beneficiaries volunteering to work for local police andmilitary personal, in providing shelter and cooked meals at their checkpoints, or equipment for theiroffices. Visits and gospel ministry in prisons, hospitals and in local housing areas is also a commonform of community outreach, along with serving churches in our region with training and gospeloutreach programs.

CFM Staff yyeffare end Co-operetives

CFM helps staff with medical care, housing, reduced school fees for their children, provides andmaintains vehicles (where appropriate) or provides transport, to enable the staff team to have theirneeds met and to work well together, particularly in Nigeria's low national wage structure. A staff co-operative helps staff develop sustainable side businesses and meet family needs for weddings,funerals or other needs. New staff co-operative investment opportunities are under development as away to benefft staff and create sustainable income for CFM charity projects.

Kent Foundation

The Nigerian foundation is newly registered, set up by CFI (bible school) graduates in Nigeria to raisefunds to build CFI facilities at Wurin Alheri. CFI and CFM offices still use rented facilities at Bukuru, 20minutes' drive from CFM's permanent site, Wurin Alheri.

CHEN, CFN Educational Charity

This charity, registered in Nigeria, is set up to pay school fees in good schools for destitute children,raising funds from parents of children in CFM schools and other concerned citizens.


PROPSALS FOR 2020Next year we plan to continue all the projects already established, serving people in the various armsof CFM. We already serve Women Victims of Violence in existing arms of CFM but hope to extend thiswork more into the future. The suffering of women over time would tally up to more in number than thetotal number (male or female) who have suffered through various militant crises over the years. Thesuffering of women is ongoing every year. So many long-term issues in our global cultures contributeto their neglect, marginalisation violence against women. Men suffer also, but the quantity of boys/men who come into our restoration care at CFM is far less than women, due to the culturalimbalances. We wish to address this more, not only in CFM, but as a model to others. If women gethelp to stand in their future, it not only helps them, but also the whole country, and also helps buildpeace for all.

Ruth has applied to the British Government for aid funding that will help the women's project and thecare these women will receive in CFM's other existing projects: educational, vocational, medical,counselling. We expect to leam in January 2020 whether this application has been successful.

We are also forming relationships with the Nigerian Government to see whether we can gain supportto build Mare's House, a home on Wurin Alheri for women in need of restoration. The Federal Ministerfor Women's Affairs visited Wurin Alheri this December 2019, and we will continue in forming ourrelationships. Ruth is also working on our relationship with the Australian High Commission in Abuja,Nigeria. They have made a lot of staff and administrational changes of late, and so haven't supportedany of projects since the helps build a large two-story classroom building, and we know the AustralianGovernment has cut support to Africa, but Ruth will continue plugging away.

We hope to continue building our two-story hospital building, continue building staff houses for our twomeads, Rev's Shettima and Aiso, maintain our roads within our Wurin Alheri site, add more buses toour school and bible college student fleet, improve our vocational and computer centre equipment,develop our environmental arm of CFM, and add other projects that may come up during the year. Theenvironmental work is important due to the deprivation of pastures and soils for farming in this nation,adding to food insecurity and violence. The culture of environmental renewal needs to be encouraged,especially as a part of a vision of the church, as depicted by the prophets such as Isaiah. This helpscommunity development and also builds peace.

We are also looking to improve our ffnancial systems within the arms of CFM, developing businessopportunities, different methods of sustainability where possible and developing CFM's aims forraising charitable donations withing Nigeriia. John and Kay are contributing a lot to this etfort, workingalongside our existing staff team at CFM. We seek to provide a witness towards compassionatebusiness models, along the cooperative mindset, where all parties bear responsibility, leadership/management and benefit from the rewards of the work, while gearing their businesses to communityand environmental restoration policies.

This does not cover all possibilities for 2020.

Financial review

Donations to CFMI during the year totalled 8586,815, a fall from 8715,725 in the previous year but stillenabling us to fund and support a substantial amount of the work being cerned out by CFI in Nigeria.Our charitable payments correspondingly to f578,339 (2017-18 F709,368), which again meant thatalmost all our income was expended in the year of receipt. The Trustees seek to keep the bankbalance at a bare minimum sum to cover necessary expenses but the continuing support of ourdonors ensures that it remains adequate to meet our commitments.

Reserves policy

The Trustees seek to manage the charity with a minimum of cost and external financial commitmentand do not intend that the charity should hold funds for any length of time. Accordingly, they have notfelt that it was necessary to devise a formal policy over the holding of reserves as their intentionremains to promptly donate all funds received in CFMI's name, save for any regulatory or otherexpenditure necessarily incurred in running the charity. Both this policy and its implementation areunder regular review. At 31 March 2019, unrestricted reserves held totalled 81,698 (2018- 524).

CHRISTIAN FAITH MINISTRIES INTERNNATIONAL

Pubfic benefit statement

m iied with their ufy inm lied th th dufy' in Section 1?of the Charities Act 2011 toCharity Commissi

be fit of the Chbenefit ublished by the

dA tl iti' bo andd t 'I d.es of their work. The public ne

oullined in relation to its objects setout under 'Objectives and c iv' ie

iis execution in the report of 'Achievements and Performance'.

STATEtNEHT OF TRUSTEES' RESPONSIBILITIES

The Trustees are responsible for, prepafing the Apnual Report and.nd the fiinancial statements in

accordance with applicable law and United Kingdom Generally Accepted Accounting Practt«.

The Trustees are required to prepare financial statements for each. financial year, which give a true

and fair view of the financial activities of the charity and of its financiai position at the end of that year.

.In prepanng those finandal statements, the Trustees are required to:

e select suitable, accounting policies and then apply them consistentlye make judgements and estimates that are reasonable and prudent,s, piepare the financial'statements on the going concern basis unless it is inaPProPriate to

presume that the Charity will continue to operate.

The Trustees. are'responsible for keeping proper accounting records which disclose with raasonabieaccuracy at: any fime the 5nanclat position, of the Charity and-enable them to ensure that the financialstatements!comply with the Chanties Act 2011.They are also responsible for safeguarding the assetsof the Chaiity and hence for taking iiasonabte steps for the "prevehtion and detection of fraud andother irregulariTies;

This repcrt was approved and authdrised for issue by the Trustees on 3 January 2020 and signed ontheir:behalf by,


independent examiner's report to the Trustees of Christian Faith Ministries International

I report on my examination of the accounts of Christian Faith Ministries International for the yearended 3'I March 2019.

RESPONSIBILITIES AND BASIS OF REPORT

As the Charity's Trustees, you are responsible for the preparation of the accounts in accordance with

the requirements of the Charities Act 2011 'the Act'; you consider that the audit requirement of Section144(2) of the Act does not apply and that an independent examination is needed. Having satisfiedmyself that the chadity is not subject to audit and is eligible for independent examinabon, it is my

responsibiqity to examine the accounts under section 145 of the Act, to follow the applicable Directions

given by the Charity Commission under Section 145(5)(b) of the Act.

BASIS OF INDEPENDENT EXAMINER'S REPORT

My examination was carried out in accordance with the 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 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 and my report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINER'S STATEMENT

I have completed my examination. I confirm that no material matters have come to my attention in

connection with my examination giving me cause to believe that in any material respect:

1. accounting records were not kept as required by Section 130 of the Act

2. the accounts do not accord with those records3. the accounts do not comply with the accounting requirements concerning the form and content of

accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any

requirement that the accounts give a true and fair view which is not a matter considered as part of an

independent examination.

I have no concerns and have come across no matters in connection with the examination to which

attention should be drawn in this report in order to enable a proper understanding of the accounts to

be reached.

Alan C Redford FCA DChA

Chartered Accountant

Needham CottageNeedham GreenHatfield Broad OakBishops Stortford

Herts CM22 TJT

3 January 2020


STATEMENT OF FINANCIAL ACTIVITIESFOR THE YEAR ENDED 31 MARCH 2019

Note

2019 2018

INCOME

DonationsInvestment income

586,8159

715,7258

TOTAL INCOME

EXPENDITURE

586,824 715,733

Expenditure on charitable activities:Activities

Support costsGovernance

1.534

578.3395,911

900

709,3686,520

900

TOTAL EXPENDITURE 585, 150 716,788

NET MOVEMENT IN FUNDS

FUNDS AT 1 APRIL 2018

1,674

24

(1,055)

1,079

FUNDS AT 31 MARCH 2019 1,698 24

All income and expenditure are unrestricted as to purpose.The statement of financial activities includes all gains and losses recognised in the year.All income and expenditure derive from continuing activities.

The annexed notes form part of these %nanciai statements

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' CHRISTIAN FAITH. MINISTRIES INTERNATIONAL

Note 2018E

CURRENT ASSETS

1,4531,145

'

85470

CURRENT I.IABIUTIESCrIerrltore'Amne'its fling dueBBIthln one yeef

2,59S

900 ~00024

UNRESTRII TEO FUNDS:

General res~rves 'I.BBB

The. financial sfatements were approved, arid authorised for issue, by. the Trust 'es on 3 Janus2020 and:si oned on th'eir. behalf by:

otes 'form part of these fina'cial'stlateminteI '


NOTES TO THE FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 MARCH 2919

1. ACCOUNTING POLICIES

1.1 Basis of preparation of financial statementsThe financial statements have been prepared on an accruals basis under the historic costconvention with items recognised at cost or transaction value in accordance with the Statement ofRecommended Practice - Accounting and Reporting by Charities —(Charities SORP FRS102) andthe Charities Act 2011.

1.2 Going ConcernThe Trustees consider that there are no material uncertainties over the Charity's ability tocontinue as a going concern.

1.3 Fund accountingGeneral funds are unrestricted funds which are available for use at the discretion of the Trusteesin furtherance of the general objects of the Charity and which have not been designated for otherpurposes.

1.4 DonationsDonations represent the amount receivable for the year, induding gift aid recovery.

1.5 ExpenditureExpenditure is included in the Statement of Financial Activities on an accruals basis.Charitable expenditure comprises costs of activities in furtherance of the Charity's objects inNigeria. Support costs comprise costs incurred in the UK in connection with those activities.

1.6 DebtorsDebtors are recognised at the settlement amount due.

1.7 Cash at bankCash at bank comprises bank deposits repayable on demand.

1.8 CreditorsCreditors are recognised where the Charity has a present obligation resulting from a past eventthat will result in the transfer of funds to a third party and the amount due to settle the obligationcan be measured or estimated reliably. Creditors and accruals are recognised at their settlementamount.

1,9 TaxationThe Charity is not liable to income tax or capital gains tax on its charitable activities.

2. TRUSTEE REMUNERATION AND REIMBURSED EXPENSESDuring the year, no Trustees received any remuneration (2018 - 6NIL), nor were they reimbursedany expenses (2018 - ENIL).

3. SUPPORT COSTS2019 2018

E

TravelBank charges(Profit)/Loss on exchange

6,185548

(822)

5,0771,073

370

5,911 6,520


NOTES TO THE FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 MARCH 2019 (Continued)

4. GOVERNANCE COSTS

2019f.

2018f

Independent examiner's fee

900900900

5. DEBTORS

2019 2018f

GIR aid recoverable 1,4531,453 1,194

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019f

2018f

Accruals and deferred income 900900

900900

7. RESERVES

UNRESTRICTEDFUNDSGeneral Reserves

BroughtForward

f

24

TotalIncome

f

586,824

TotalExpenditure

f

585,150

CarriedForward

f

1,698

8. RELATED PARTY TRANSACTIONS

Kent Hodge and John Hodge are trustees of the charity and members of the governing board ofChristian Faith Institute, a company incorporated in Nigeria and managed independently in thatcountry. Kent Hodge is president of the governing board. The charity paid contributions off578,339 (2018 - f709,368) to Christian Faith Institute during the year in respect of charitablecontributions to be applied to activities in that country in line with the charit)7s objectives.

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REGISTERED NUMBER: 113T723

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