Charity registratlon number 1001691 (England and Wales) WOW (WORLD OF WORTH) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
WOW (WORLD OF WORTH) LEGAL AND ADMINISTRATIVE INFORMATION Trustees MrA Brown Mr S Thomas MrA lIm00r-Pryer Mr C Young Charlty reglstration England and Wales 1001691 Independent examlner Jerroms GCN Limited Wesl Point, Second Floor Mucklow Office Park Mucklow Hill Halesowen B62 8DY
WOW (WORLD OF WORTH) CONTENTS Page Trustees. report Independent examinerfs report 12 ststement of financi81 ackn"vits'es 13-14 Statement of financial p05its.on 15 Notes to the finar)cial ststemenls 16-27
WOW (WORLD OF WORTH) TRUSTEES. REPORT FOR THE YEAR ENDED 31 AUGUST2025 The Iruslees wesenl their annual report and financial slalements for the year ended 31 August 2025. The financial statements have been prepared in accordance with the accounting policies set OL¢t in note 1 to the rinancial stslemenls and comply with the charity's governing doeumeth. the Charities Ael 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accountir and Reporting by Charities.. Statement of Recommended Practice applicable to ch81ilies prep81ing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 Objectlyes and activltles Summary of objects. alms and activltles The objects of the charity are by such means as are eharilable. lo share the Chrlsllan faith and lo raise funds to relieve poverty and si¢kness in developing nats"ons. The charity is dependent on sponsors and general appeals through churches, the genèral public and spJ)sored events to raise funds for various projects. These funds are lo support women's programmes, childien's homes. education progr8mme5 and lo train Wornen in self-sustsinability and provide micro-business opportunitie5. The charity wofks in Irla, Ethiopia, Uganda, Mozambique, Philippines and Bulgaria. Social investments The trustees have compliecl with the duty in section 4 of the 2006 Charities Act to have due regard to guidance published by the Charities Commission in connection with public benefil. The Iruslees have considered the aims and objectives of the charity lo ensure that they benefit the public by the charitable aclivilies undertaken. All existing projects benefit children, widows, students and families living in poverty by providing education, food arnd medical care. When a new piojecl is Gonsidered the trustees always refer lo the governing trust deed of the charity to ensure the aims and objectives are bèing met. All projects are constantly reviewed to make sure that the lunds are used lo benefft those live in povety- Grantmaking poli¢les The charity makes donalions lo institutions in other countrie5 to carry out acb"vilies which meet its aims and obje¢lives. The activiti'es being 5UPPOrted are specified to the insliluts.on and the use of funds is monrtored by combinalion of visits and written reports. Achievements and perlorniance Charitable activltles Please see pages 2 10 9.
World .wow ANNUAL TRUSTEES REPORT 2026 The Trustees of World of Worth are pleased lo present the Annual Trustees Report This year has seen positive growth and change throughout all our WOW Projects and seeing more lives transformed is what conlinues to fuel our passion for this work. Thank you lo all our donors and churches lor your support over the past year. none of this progress would have been possible wthoul your generosity. We are so grateful lor your encouragement. your prayers. and your commitment lo helping us reach more people. We hope you feel encouraged log, as you see the difference your support has made ovei the last year. This year, we were able to add a water tower and irrigation system lo our borewell In Uganda. This will increase the project's capacity lo irrigate farmland. grow a wider variety of crops, and provide protection against drtsught. In Mozambique. we have installed a pipe to an existing borewell, enabling the project to fill lorries wlh water and generate IrQMe. We are continually working to make our projects me suslainaUe. We have also launched two new clusters of women in Uganda One of these groups has been formed from graduates of the sewing school. These women will receive business training and have access to microloans-an opportunity that has the potential to be truly life-changing. In Ethiopia, students from our education project have graduated from university, and a summer camp was held for the children. We have also supported a new group ot women through our Women's Empowemenl Programme. In India we have supported a widows. home and in Bulgaria we have opened a new Project. Please be encouraged as you read this report". we count it a privilege lo serve and support our amazing overseas partners and beneficiaries. Steve Thomas Chalr of Trustees
World .wow Our Impact at a Glance in 2025 Water tank and Irrfgatlon Systsm Installed on the WOW land In Uganda. Water plpe fitted to the l)orewell In Mozambique, bringing income to the Prolect. Micro-buslness enterprl$es started wlth a group of women in Mozambique. Celebrated the university graduatlon of 4 students in Ethiopia. Raised funds to support a further 20 women to recelve business training and access to a mlcroloan In Ethiopla. 600 Christmas bags given out to children Sn 8ulgarla. Christmas gifts bought lor every woman and chlld on a WOW PToJeet. A new chlldren's programme started In one of thg poorest communities in Bulgaria. Several of the children on the Hope Project In the Phllippines chosen to represent thelr reglon at the national athletics competltlons. Families on the Hope Prolect offered an opportunlty to be part of a businèss enterprlse scheme. Supported over 250 ¢hlldren to re¢elv¢ an education and 200 womèn to recelve tralning through our Women's Empow&rn)ent & Ml¢roloan Programffles. OUR IMPACT ON POVERTY- WOW educates. trains, and equips women so that they can provide food and healthcare for their families and educate their children. Impacts of povety include food insecurity, abandonment, unemployment, lack of shelter, lack of clean water, disease. and ill-health. We train women in life skills such as childcare, first aid, and business skills. and we wovide access to micTofin8nce. We are passionate about helping women to thrive OUR IMPACT ON EDUCATION- We provide the opportunity for child lo attend and finish school. and we also support students through university. In Uganda, over 350A of gids wll not finish school and 30-40% of the population are illiterate. rising to 55°A in Arua, the area in which we work. An educated girl is less likely to die in childbirth, and more likely to understand her righls. OUR IMPACT ON GENDER INEQUALITY- We focus on women and gids, particularly widows. who have been disentranchised and who have lost land rights. Girls are more likely than boys to drop out ol school, and 68% of the children whc> do not finish school are gir15. We aim to improve their livelih¢x•ds and add$S issues sh as period poverty, domestic abuse. and women's rights. OUR IMPACT ON HUNGER AND HEALTH - According to the UN Food and Agriculture Oiganisalion, 1.3 billion people in the world lack regular access lo nutritious and sufficient food. In Ethiopia, access to modem healthcare is very limited, and in wany rural areas il is virtually non-existent. In rLtral areas in Uganda, there is eslimaled to be only one doctor per 22.000 people. Although access lo heallheare is free, many people living in povety cannot afford medication. Malaria is commonplace, and 210A of the population tto not have access to clean water. This year, our WOW Programmes have provided women and childien wlh access to nutritious food, healthcare, and clean water. OUR IMPACT ON WELLBEING - As a Christian charity we pray wth the families, encourage them lo attend the local church, and leach them Christian values Our aim is lo restore dignity and hope and to create a community where women and girls know their value and worth. We want lo share God's love with families and communities. The overall aim ol our WOW Programmes is lo create a thriving community of women and girls who have hope for the future. Islalislics from Worfd Bank, UNESCO. WHO, The Borgen Project, UN Food and Agriculture ganiSatIon)
World .wow WOWS sustainability work with women aims to support 11 of the UN'S 17 sustainable development goals. No POVERTY HUNGIR Gc NIIITII ANOIIIII.BIING GENDE% loully TWALffl OELYhTWORKAND ICDNQMIC GROWTr Iw WOW'S AIMS AND VALUES OUR VISION To liberate families and communities from povety. OUR MISSION To restore dignity, worth and hope lo women, girls and communities marginalised by society. OUR VALUES Dignity We believe that everyone has value and worth, and people should be Irealed wlh dignity, equality. and respect. Integrity We believe in honesty. transparency and in being trusthrthy. We aim to manage the resources enlrusled lo us in way that best supports those living in povety. Compassion We believe in showing kindness. love, and compassion. Faimess We believe in justice and Irealing people fairfy. regardless of background, gender, r*ce, or religion.
World .wow Update on our Children's Educalion Programme in Ethiopi4 We are so grateful to our team in Ethiopia who work diligenNy and passionately to transform the lives of these children. Here are the activities which have taken place during the last year, thanks to your support for WOW. Physical and Health Support Provision of food and hygiene products to all children. Comprehensive health screenings ¢onducled. Four children identsfied for specialist care and are now under hospital consultants., their medical bills are being covered by the Programme. Educatlonal S4JPPOrt Full payment of school fees for all children. Regular school visits by Project Leaders to monitor attendance, grades, and progress. Gifts ana awards proviijed lo children with the highest academic achievements. Support for university students continuing higher eduBalion. Life Skills and Counselling Life skills lr8inirKJ Sessions have focused on time management, health. hygiene, and personal development. Counselling sessions have supported the emotional wellbeing and resi1Sence of the children. Holiday Enrichment Summer camp held during school holidays, including.. Field trips to museums. Bible Studies and failh-based activities. Games and recreational activities fostering teamwork and confidence. Family Engagement Continued work with parents, offering busines5 training and life skills wkshOps. Imp3¢t Educatlon- Four ehildren graduated from unlversity this year.. all ehlldren conllnue lo attend school regularfy. Health: Each child has had a health screening. Four children are now under hospital consultants WOW has covered all associated medical expenses. Life Skills and W•llbelng: Children are learning waclical skills lo support independence personal growth. while counselling enhances resilience. Famlty Empowerment: Parents have participated in life skills and business trainlng, irnprovir thèir immediate circumstances developing long-lemi self.suffieiency and resilience. Our Children's Programme in Ethiopia provicles comprehensive. ongoing support lo children and their lamilies, with the aim of lifb'ng them out ol povety and creating long-term, sustainable change. Over the past year, It has Buccessftjlly delivered a programme of essential care, educational support, spiritual guidance. and family empowerment, despite the significant challenges posed by high inflation and rapid urbanis8tion in Addis Ababa. We are deeply grateful for the support of you, our donor5, for helping us lo help those in desperate need.
World .wow Empowering Women in Mozambique Thanks lo your generous support during 2025. women across four communities in Mozambique (Maxixe. Nhalivala, Joacane. and Mbuvanel are building stronger, more sustainable futures for themselve5 and their families. Over the past year, your conlributsons have helped tjrive meaningful progress in agriculture. small business development, and access lo essentsal SourCes. Growing Food, Growing Income Across all four communities, women have been trained in perma-gardening. an approach lo sustainable. clirnal resilient food production. This has quiekty become a vital source of both nutrition and income. In Maxixe women have enjoyed a particularfy pr¢xJuclive year, wslh thriving gardens contributing directly to improved household incomes. In Joacane women are cultivating cassava and cabbage on shared church land while maintaining their own home gardens. In Mbuvane improved access to water ha5 enabled consistent crop production. including cassava processing and sales. In Nhalival, women are combining gardening with livestock farming, creating a diverse and resilient income base. Building SLJStainable Livelihoods During the past year in Nhalivala, your 5UPPOrt has helped launch a long-term animal rearing project. The women are now caring for a 9rowing nurnber of pigs and goals, with new births already expanding the herd, which will bring further income stream lo the women. In Mbuvane, the installation of a borewell has been Iransfomative. Reliable water access is not only supporting agriculture but has a150 become a source of income through water sales Recent improvements lo the system during the last year have inCaSed efficiency and boosted earnings, creating new opportunities for the communty. In addition lo supporting the local community, water is now being supplied for distribution by lorry. Hope in Ihe Hardest Places.. Nadezhda, Bulgaria In the city of Sliven, Bulg8ria, lies the neighbourtd of Nadezhdwls name meaning'hope.. Yet for many families living there, daily life is shaped by deep povety and ongoing challenges. Nadezhda is one ol the most disadvantaged areas in the region, home to a lafge Roma community facing high unemployrnent, low levels of education, and limited access lo healthcare and basic services. Many homes are built without proper inlraslruclure, and the aTea has been described as falling below national povety indicators In area5 such as housing, employment, and education. Icoe-romacl.orgll11 Children growng up here are particularly vulnerable. Many leave school early, and some face pressure from eady marriage or a lack Df opportunity. These conditions, combined with social i501alion and poverty, cfeale an environment wheie exploitation can take rool.121 111.. https".1.¢0e-roM8Cl.orglmunlc1PalI1leSls1iven7utM SOltr=ChaIgpt.cOrn Sliven l ROMACT 121.. https'.Ilanlitraffic.govemment.bglenlnews15582-v-sliven-se-provede-vavezhdashlo-obuchenie-prolivodeystvi&i- prevenlsiy3-na-trafika-na-hora-s-fokus-mestnile-spelsifiki-pri-presiaplenielo?ulm source-chatgpl.com"In Sliven was held an inlroL%uclory Iiaining I"Countera¢ling and preventing trafficking in human beings with a focus on local characlerislics of the crimel" | Nation81 Commission for Combating Trafficking in Human Beings"
World .wow Introducing the Hope Project We 8re excited lo share that Worfd of Worth launched a new initiative in Nadezhda in 2025 and we have called il 'The Hope Project,. This project is focused on supporting some of the most vulnerable children in the community and giving them a chance for a different future Through the Hope Project, children are safely transported each week by minibus, protecting them from the risks they may face on the streets. including exploitation and trafficking. This simple but vital slep ensures thoy can access support in a sale and consistent way. Al the heart ol the project is a commitment lo education. Children are given the opportunity and eneouragemenl lo attend school. helping to break the cycle ol early school dropout that is so common in the area. Alon9side this. they receive regular meals, addressing immediate needs and supporting their ability lo leam and grow. The project also provides life skills Iraining-eouipping children Trmlh confidence. communic*ion skills, and practical tools for the future. These are essential foundations that can help them make safe choices, pursue opportunities, and build more stsble lives. By investing in children today. the Hope Project is helping to change the story ol Nadezhda. Education opens doors. Stability builds resilience And safe, consistent support reduces vulnerability to exploitation. Your support makes initiatives like this possible. Together, we are not only meeting immediate needs-mwe are helping to create lasting change, one child al a time. Thank YOLF for being part of this story of hope. The After School Project- Sliven, Bul9aria Further across the city. in another depTived suburb, we are supporting a different group of children. This has been established for over two years and the results are extremely positive. School glades have Improved. confidence has improved. engagement inlo the local church by the families has improved. In 2025 a further 10 children were enrolled to the programme, bringing the lolal lo 24. Joy al Christmas1 Aeross all the children's homes and After School Projects we were able lo distribute Christmas bags. The massive smiles and shouts of delight made the packing and shipping all worth itl Thank you to everyone who packed a bag for a child in Bulgaria. For many, il would have been the only gifts they received al Christmas. Hope Project Philippines.. Lives Growiiig Stronger We are delighted to share an encouraging update from the Hope Project in the Philippines. our Childn,$ Education Programme that continues lo bring Iransfomialion lo children, young people, and families through edu¢alion, community, and opportunity. Over the past year, we have seen a gTowng number of families becoming actively connectefl lo the local church. Vvhal began as simple oulre8eh has developed into a thriving, supportive community. with both young people and parents now regularly participating. Today, around 21 young people are involved, and it is especially encouraging that approximately 900h ol their parenls are also engaged. 51rengthening not just individua15, bul whole lamilies. This growing Sense of community is reflected in the expansion of church life. Under the leadership of local pastors, there are now five active church groups, all working together to support and nurture those involved. The impact has been significant, with young people not only attending but also serving and taking ownership within their communities Education remains al the heart of the Hope Project. Students are inere8singly motivated lo succeed. wlh improved engagement and a stronger commitment lo their studies. Some are now reaching higher education, including psychology sludenl curfently in her second year who is d¢ing well, and others nearing the wmpletion of their college courses. Young students are being supported and encouraged lo excel, opportunities opening up foi fulure employment. Their progres5 is a powèrful example of what is possible when consistent support and encouragement are in place.
World ,wow A iecenl youth camp brought together 21 young people, providing a space for growth, connection, and inspiration. Meanwhile. younger children, some as young as 8 or 9, are alrea(Sy beginning Ihèirjourney wthin the programme, with more wailing lo join. Alongside education, Ihe Hope Project is helping familie5 build sustainable livelihoods Ihiough a micro-business inilialive. In 2025, 20 families received small loans 10 start or grow their businesses. Of these. 8 a continuing successfully. maintaining records and repaying loans, while others have laced challenges such as illness. Pinky and the staff are working with the families to try and support Ihern through their challenges. Despite these obstacles, the overall impact has been p0511ive. Many families are experiencing increased income, and there are visible signs of improved wellbeing. mothers are takin9 pftde in their appearance and households are becoming more stable. Studen15 excelling in Sportsl Sèveral students from the Hope Project were chosen lo represent their region at the country's 2025 Nats'onal Alhlelicsl What an honourl This has increased the confidence and worth in these boys and gifls", the difference this project has made in their lives is incredible. Several medals were wonl Growing Strong in Arua.- Uganda Update 2025 From the ground in Arua, Uganda. the WOW project is moving forward w7th Teal momentum. In 2025 the Skills Centre Continued to flourish. Wth 20 students enrolled across morning and afternoon sessions. 16 on scholarship and 4 self-funded. The training programme Is reaching more women than ever. And with graduation ceremony which took place in September, alongside WOWS annual COnfenCe. This was a significant moment of celebration. Over 40 studen15 graduated and they all received their own sewing machine and starter kit. equipping them to build a sustainable future from day one. But it doesn't slop al graduation. Plans are in place to bring former and current graduales together into new VLSA (Village Loan and Savings Associalionl groups, so that as the community of women continues to grow, they can support one another and strengthen their businesses long after the course ends. On the land, the coffee planlalion and ftuit trees are providing a strong InMe sources for Ihe piojecl, with pineapples also being explored for the mainland. Two new clusters were established. one neaf a new borehole site so that MO women in new locations can a¢cess VLSA training and sUPP¢rt. On the mainland the infrastructure was also improved with two water tanks installed lo address the ongoing irrigation challenges, and a new toilet block wa5 also built on sile. A Place Called Hope- Update from South India Inside a quiet house in South India. seven women and a young boy have found something most of them had lost". a family. They have all come from different places, wrth different stories and different kinds of pain. A retired teacher abanLloned by her children A widow whose only daughter was disabled from birth and died at just 39. A woman whose husband remarried and walked away A Cancer patient with no money for treatment and nowhere lo turn. By the world's measure. these women had reached the end of the road. bLrt together with our partner Lawrence at Open Hands. we knew that we could offer them hope and restore their dignity and worth. This year we were able lo Completely support this wonderful home financially, meeting all the expenses of the home.
World wow The Women of Hope Widows, Home was founded on a simF4e cVIctiOn drawn from James 1.'27, that true farth shows ilseff in caring for those in distress. I81 began as a rented house has become a home in the fullest sense ol the word. All these WDmen have incredible stories and their lives certainly haven't boen easy. Al the heart of il all is the amazing Eliza. 40. She has served in children's homes and now this women's ministry for over thirteen years. She manages the home's finances. lakes residents to hospital oppoinimenls, cooks a special Sunday meal and is always on hand lo lift everyone's spirits. In her own words she humbly says, "I want to be a support lo everyone In all aspects." Her teenage son, Dilson, has just sal his 10th grade public examinations. Eliza is hi5 only role model. and he has seen her pour herself out in service. The Women of Hope Home is the onty home he has known. Il's not about Ihe meols that are cooked or the hospital visits. or the limes of Prayer together, these women now know and understsnd that Ihey are loved and have value and worth. Theii lives have been and continue lo be transformed by your $UPPDrt and prayers. This i$n*just another home it's a family so thank you for being part of making this happen in South India.
World .wow Financial Report 2025 Firstly. we want to thank you, our donors, for your faithful support and continued giving lo the work ofWOW. Your trust enables us to continue serving marginali5ed and vulnerable communities around the world. We couldn't support these communitie5 wilhoul youi ttèlp, and we appreciate it very much. As a charity, we believe in accountability. transparency, and relationship. As stewards of your generous donations, we need to ensure that the funds we sencl are appropriated propedy. When we visit the Projects, we review the accounts, visit and speak with the women and children. and spend lime training the staff. We also ensure that we receive budgets and audited accounts from our Projects. As you have seen in the updates from the Projects we support, the past year has been full of stories ¢f hope, resilience, and Iransformalion. None of this would have been possible wlhoul your generosity. Every gift you've shared has helped us reach communities in need. empower individuals, transform lives, and cale la51ing changtUrning challenges into opportunities and dreams into reality. We Temain wmmitted 19 stewarding your gifts wisely and remain passionate about making a meaningful difference. This year, our income increased by £9,951. Our overseas partners are so grateful for the support from our WOW donors and wanted us to express their thanks and appreciation as well. On behalf Of all the Trustees and Andy and Rachel IDireclorsl we want to thank you for making this year of transformation possible. Financial revlew Structure, governance and management Governing document The charity is controlled by ils governing document, a deed of trust and constilules an unincorporated charity. The trustees who served during the yeai and up to the dale of signature of the financial ststements were.. Mr A Brown r S Thomas Mr A Whilmoor-Pryer Mr C Young Recruriment and appolnlment of new trustees A relationship is built with Ihe potential IrLtstee before a curriculum vilae and written refence is obtained. An interview is carried out with the charity's Iruslee5 to assess the skills and abilities of the prospective trustees. The board of trustees will then make the decision of who to appoint. The charity adheres to Ihe Charity Commissions Trustee Recruilmenl. Selection and Induction Regulatory Study. Organlsatlonal structure WOW (World of Worthl has a policy of organisats.onal slruclufe in place and a delegation policy. These sel out the areas of responsibility and accountability for the principal officers and stsff. The trustees are responsible for the charity, but the day lo day running of the charity has been placed in the hands of the principal offieers. The principal officers are answerable lo the trustees in all matters and must submit monthly reports lo the trustees and monthly rinancial reports. Trustees meeting5 are held every four months and a unanimous decision musl be reached on any vote before the decision is implemented. The staff are answerable lo the principal officers on day lo day working matters but can refer lo the Iruslees In the event of a problem. 10
World wow REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity rtumbèr 1001691 Princlpal address Unit 16 Dainlon Manor Business Park Dainlon Ipplepen TQ12 5TZ Indepondent Examlner Jerrorns GCN Limited Chartered Certified Accounlènls Wesl Point, Second Floor Mucklow Office Park Mucklow Hill Halesowen B82 8DY Bankers CAF Bank 25 Kings Hill Avenue Wesl Malling Kent ME19 4JQ Chaimian S Thornas Principal office MrA David Mrs R V David The trLtstees' report was approved by the Board of Trustees. Mr S Thomas Trusteg 11 June 2026
WOW (WORLD OF WORTH) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WOW (WORLD OF WORTH) I report to the trustees on my examination of the financial slalements of WOW (World of Worth) Ilhe charity) for the year ended 31 August 2025. Responslbllltles and basss of report As the Iruslees of the chaiity you are responsible lor the preparation of the firnaneial slalements In accordance with the requirements of the Charities Act 2011. I report in respect of my examination ol the charity's financial slatements carried out under section 145 01 the Charities Act 2011. In carrying out my examination I have lollowed the Directions given by the Ch8rity Commission under section 14515}Ibl of the Charitie5 Ad 2011. Indèp•nd•nt examlner's statement Since the charity's gross income exceeded £250,000. the independent examiner musl be a member of a body listed in section 145 of the Charities Act 2011. 1 confirm that l am qualified lo undertake the examination because l am a member of The Association of Chartered Certified Accountsnts, which is one of the listed bodies. Your attenlron is dra1 to the fact that the charity has prepared the financial statements in accordance with the relevant versiorn of the Slalemenl of Recommended Practice appli¢?ble lo charities preparing their financia statements in accord8nce with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 In prefenCe lo the Accounting and Reporting by Charities.. Slalement of Recommended Practice i$sue¢Y on 1 April 2005 which is referred to in Ihe extant regulations but has now been withdrawn. l understand that th15 has been done in order for the fi'nancial statements to provide a true and fair view in accordance wlh UK Generally Aepted Accounling Practice. I have completed my examination. I confimi that no matters have com8 lo my attention in connection with thè examination gwing me cause lo believe that in any material respect.. accounting records were nol kept in respecl of the charity as required by section 130 of the Ch8rities Act 2011. the financial statements do not accord wlh those records." or th8 financial statements do not comply with the applicable requirements conceming the form and conlenl of financial statements sel out in the Charities IAc¢ounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view. which is not a matter considered as part of an independellt examination. I have no concerns and have come across no olher matters in connecbon wlh the examination to which attention should be drawn in thi5 report in order lo enable a proper underslanding of the finala1 statements to be reached. Thomas ay FCCA Jerroms GCN Limited Wesl Point, Second Floor Mucklow Office Park Mucklow Hill Halesowen B62 8DY 11 June 2026 12
WOW IWORLD OF WORTH) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2025 Current financial year Unrestricted funds 2025 Restricted funds 2025 Total Total 2025 2024 Notes Income from.. Donations and legactes Investments 168,853 2.440 111.866 280.719 2.440 271,094 2,114 Total income 171,293 111,866 283.159 273,208 Expenditure on: Chafilable activities 157,500 99,141 256,641 274,455 Totsl expellditure 157,500 99,141 256,641 274,455 Net Incomellexpenditurel 13,793 12,725 26,518 {1,2471 Transfers betsveen fund5 1528) 528 Net movement in funds 13,265 13,253 28,518 11,2471 Reconclllatlon of funds.. Fund balances al 1 September 2024 37,075 60,186 97.261 98,508 Fund balances at 31 August 2025 50,340 73,439 123,779 97.261 The notes on pages 16 10 27 form part of these finantial statements. 13
WOW (WORLD OF WORTH) STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AUGUST 2025 Prior finan¢lal year Unrestricted funds 2024 Restricted funds 2024 Totsl 2024 Notes Income from: Donations and legacies Inveslmerbts 179,452 2.114 91,642 271.094 2.114 Totsl Income 181,566 91,642 273,208 Expenditure on: Charitable activities 194,249 80,206 274,455 Total expendlture 194,249 80,206 274,455 Net Incomel{expendlturel and movement in funds (12,8831 11.436 11,247) Reconciliation of funds: Fund balances al 1 September 2023 49,758 48,750 98,508 Fund balances at 31 August 2024 37,075 60,186 97,261 14
WOW (WORLD OF WORTH) STATEMENT OF FINANCIAL POSITION ASAT31AUGUST2025 2025 2024 Not95 Fixed assets Tangible a$sets 10 956 445 Current assets Debtors Cash al bank and in hand 11 13.242 121,313 2,724 97,319 134,555 100.043 Crgdltors: amounts falllng due within one year 12 111,732) {3.2271 Net eurrènt assèts 122,823 96,816 Total assets less current Ilabllltles 123,779 97.261 The funds of th¢ thaty Reslricled income funds Unrestricted funds 13 14 73,439 50,340 60,186 37,075 123,779 97,261 The notes on pages 16 10 27 form part of these financial slalemenls. The fiwjancial statements were approved by the trustees on 11 June 2026 Mr S Thomas Trustee
WOW (WORLD OF WORTH) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025 Accounting pollcles Charity Information The charity is controlled by ils governing doeument, a deed of trust and conglitutes an unincorporated charity. 1.1 Accounting convention The financial slalemenls have been prepared in accordance with the charity's governi document, the Charities Act 2011, FRS 102 'The Financial Reporting Slandard applicable in the UK and Republic of Ireland and the Charities SORP "Accounting and Reporting by Charities." Slalemenl of Recommended Practice applicable to charib.es prepanng their accounts in accordance with the Finan¢ial Reporting Standard applicable in Ihe UK and Republic of Ireland {FRS 1021" Th& chanty is a Public Benefit Entty as defined by FRS 102. The charity has teken advantag8 of the provisions in th8 SORP charitie5 lo prepare a slat8mont ol cash ftows. The financial statements are pcepaied in steNing, which is the functional CLtrrreney of thè charity. Monetsry amounts in these financial statements a roLmdeé lo the nearest £. The financial st8lemenls have been prepared under the historical Cost convention. The prineipal accounty'ng policies adopted are sel out below. Financial reporting standard 102 - reduced dlsclosure exèmptions The charity has tsken advantage of the following disclosure exemptions in preparing th8S8 financi81 slatemenls, as pemitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland.: the requirements of Section 7 Statement of Cash Flows. 1.2 Charitable funds Unreslricled funds are available for use al the discTelion of the trustees in furtherance of IheiT charitable obieclives. Restrided funds are su*'ect lo specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowmènt funds are subject to specific condition5 by donoTS that the capital musl be maintained by the charity. 1.3 Income All income is recognised in the Slalement ol Financial Activities once the charity has entitlement to the funds, it is probable that the income Mll be received and the amount can be measured reliabty. 1.4 Expènditure Liabilities are recogni5ed a5 expenditure a5 soon as there is a legal or constructive ebligation Committi the charity to that expenditure, it is probable that 8 transfer of aconomic benefits will be required in sèttlement 8nd the amount of the obligatlOTTr can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related lo the category. W)ere costs cannot be directly attributed to particulai headings they have been allocated to activities on a basis consistent with the Llse of resources. Grants offered subject to conditions which have not been mel al the yew end dale are n¢led as ? commitment but not accrued as expenditure. 16
WOW (WORLD OF WORTH) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST2025 Accounting policies (Continued) 1.$ Tanglble fixed assets Tangible fixed assets under the cost model are stated al historical ¢DSt less &cumulaled depiecialion and any accumulated impairment losses. Iqisl¢ri¢al cost includes expenditure th81 is directly attributable lo bringing the asset lo the k)cation and condition necessary for it lo be capable of operating irs the manner intended by management. The Charity adds lo the carrying amount of an item of fixed assets the cost of replacing part of such an item whèn the cost is ineurred, if the replacement P8rt is expected to provide incremental future benefits to the Charity. The carrying amount of the replaced part is dere¢ognised. Repairs and maintenance are charged to the Slalemenl of Fin8nGi81 Activities during Ihe period in which they are incurred. Individual assets costng below £10Q are written off straight against the inetsme and expenditure aceounl. Depreciation is charged so as to allal? th8 C05t of the assets less their residual value over their estimated useful lives. Depreciation is provided on the followng basis.. Fixture5 and fittings - 33.33% on cost The assets, ifrsidual values, useful lives and depreciation methods are reviewed, and adjusted prospeeiively if appropriate, or il there is an indi¢ation ol a significanl change since the last reporting date. Gains and losses Dn disposals are determined by comparing the proceeds the carrying amount and are recognised in the Statement of Financial Acb"vities. 1.6 Taxatlo The charity is exempt from lax on ils charitable aclivilies. 1.7 Foreign exchange Assets an(5 liabilibes in foreign currencies are translated into sterling at the lates of exchange ruling al the 51alemenl of financial position date. Transaclir>ns in forevjn currencies are translated into sterling al the rale of exchange ruling al the dale of Iransacb'on. Ex¢h?nge diffefen¢es are taken into account in arriving at the oper81ing result. 1.8 Fund accountlng Unrestricted fund5 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. RestriBtion5 arise when specified by the donor or when fund5 aTe raised for particular restricted purposes. Further explanab'on tsf the nature and purpose of each fund is included in the notes lo the financial statements. 17
WOW (WORLD OF WORTH) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Donations and legacies Unrestricted Restrlcted funds funds Total Unrestricted Restricted funds funds Totsl 2025 2025 2025 2024 2024 2024 Donations and gifts Gift aid 150,142 18.711 111,866 262,008 18,711 159.070 20,382 91,642 250,712 20,382 168,853 111,866 280,719 179,452 91,642 271,094 Ineome from Investments Unrestricted Unrestricted funds funds 2025 2024 Interest receivabl8 2,440 2.114 Charitable activltles Charltable Charltable expendilure expenditure 2025 2024 Staff costs Direct proiecl expenses 6.640 15,190 4,961 15,472 21,830 20,433 Grant funding of activities 166,450 181,240 Share of support Costs (see note 51 Share of governanGe costs (see note 5) 61,591 6.770 64.134 8.648 256,641 274.455 Analysis by fund Unrestricted funds Restrfcled funds 157,500 99.141 194,249 80,206 256,641 274,455 18
WOW IWORLD OF WORTH) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Support costs allocated to activities Total 2025 Total 2024 Staff costs Depreciation Insurance Light and heat Communication and information technology Other office expenses Sundry Expenses Rent and rates Repairs and maintenance Motor and travelling expenses Bank charges Interest Governance 48,399 309 871 639 49 3,577 44,579 197 783 1,359 682 4,379 441 4,533 227 6.360 603 4,682 146 433 1,180 6,770 8.648 68,361 72,782 2025 2024 Govèrnanee costs comprlse.. Accountancy Legal and professional Trustees, expenses 2,662 3,772 336 2.256 5.925 467 6.770 8.648 Net movempnt In funds 2025 2024 The nel movement in funds is stated after ehar9ingl{eredltingl'. Fees payable low Ihe independent examination of the charity's finanoal statements DepreciatlDn of ovmed t8ngible fixed 8ssets 2,fj62 309 2,256 197 Trustees None of the Iruslees (or any persons connècted with them) received any remuneration or benefits from the charity during the year. 19
WOW (WORLD OF WORTH) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 Trustees {Contlnued) Transactions with Trustees. The followir)g donations were received from Trustees, in the year.- 2025 2024 T 8rown S Thomas A Whilmoor- Pryer £1,200 £1,100 £2,095 £1,020 £1,200 £6,2QO The following expenses were paid to Trustees, in the year'.- S J Thomas A Whilmogr- Pryer £250 £38 £82 £379 Employggs The 8verage montNy number of employees during the year was.. 2025 Number 2024 Number Principal officers and supwrt staff Employment costs 2025 2024 Wages and salaries Oiher pension costs 58.143 1,744 54,680 1,640 59,887 56.320 There were no employees whose annual remuneration wa$ more than £60,000. Taxation The charity is exempt from taxation on ils activilies because all its income is applied charitable purposes. 20
WOW (WORLD OF WORTH NOTES TO THE FINANCIAL STATEMENTS {CONTINUED FOR THE YEAR ENDED 31 AUGUST 2025 10 Tangib fixed assets Flxtures and r¢ttings Cost Al 1 Septèmber 2024 Additions 14,002 819 At 31 August 2025 14,821 Depreciation and impairment At 1 September 2024 Depreciation charged in the year 13,556 309 Al 31 August 2025 13,865 Carrying amount Al 31 August 2025 956 AI 31 Au9USt 2024 445 11 Debtors 2025 2024 Amounts falling due withln one year- Trade debtors Other debiors Prepayrnenls and accrued income 2.052 756 10.434 2.007 375 342 13,242 2,724 12 Creditors.. amounts falling due withln one year 2025 2024 Other laxalion and social security Trade creéilors Other creditors Accruals and deferred income 336 7,990 930 2,476 86 223 902 2,016 11,732 3,227
WOW IWORLD OF WORTH) NOTES TO THE FINANCIAL STATEMENTS (CONTINVED) FOR THE YEAR ENDED 31 AUGUST 2025 13 Restricted funds The reslricled funds of the charity comprise the unexpended balances of donations and grants held on trust subject lo specific conditions by donors as to how they may be used. The balance brought forward for Special Gifts and Grants has been analysed oul in more detail in the currenl year to provide a more detailed explanation regarding the purpose of the ftjnd. At1 September 2024 Ineomlng Resou¢$ resources expended Transfers At 31 August 2025 Bulgarian Stockings Appeal Christmas Gift Appeal ARM Legaey Ventures Donations IDrianlHope Project} Emergency Appeals - India Overseas Travel by Volunteers Fundraising Events 2,001 5,796 {1.872} 15.8081 129 12 6,248 16,000 2,143 13.848 (12,980} 7,116 16,OCIO 9.196 4,340 111,867) 13.338) 528 1.002 cial Gifts and Grants. Uganda Sewing Machines Esther Home Further EducationlBusiness Uganda Borewell Uganda Mi¢roloans - Gift from AWP- Uganda Trip New Uganda Cluster 1.827 1,785 {1,9261 1,686 2,771 7,000 1,000 3,492 2,745 {2.771) 110.3201 11,6421 18,7381 113,8641 5,4QO 1,079 5,615 15,041 2,080 437 369 3,922 Logos Global Vision Bulgaria Uganda Mosquito Nels Appeal Open Hands International India Uganda Conferences Kingdom Business Sustainability Projects Ugand8 Tree Appeal WOW Ethiopia Grants WOW Ethiopia Donations WOW Ethiopia Microloans WOW Mozambique Borewells WOW Mozambique Donation5 WOW Mozambique Microloans WOW Uganda Grants 9,894 32 18,7901 11581 1.104 24 172 150 172 1,251 5,000 20,000 230 5.000 1,454 1,150 3.262 1,140 2,448 6,508 11,2511 13301 12,5551 17111 15,2141 11,3171 18051 4,670 17,445 161 3,039 137 345 4,588 211 1.029 7.773 3,253 1.328 19291 11,6191 13361 200 1,601 60,186 111,866 {99,1411 528 73,439 22
WOW (WORLD OF WORTH) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 13 Restricted funds {Conlinuèd} Prèvious year: At1 September 2023 In¢oming resources Resources expended Transfers At 31 August 2024 WOW Wellbeing Birthday Gifts Bulgarian Stocking5 Appeal Chii51mas Gift Appeal 20 Years Celebration Challenges Durian l Hope P¥oject EBI Appeal Emergency Appeals Overseas Travel by Volunteers Mi¢roloan funds Logos Global Vision Bulgaria Mosquito Nels Appeal Open Hands Special Gifts and Grants Ugandan Pa51ors Appeal Ugandan Tree Appeal WOW Ethiopia WOW Mozambique WOVV Uganda 3,049 40 626 5,907 13,0491 1401 IS261 16,1511 256 12 664 16,540 16641 110,4141 1901 12471 110,8231 122 90 16,247 1,056 6,248 16,000 2,143 200 9,894 32 11.910 20D 204 18,511 32 {8,821} 511 20,593 15111 110,1371 7751 (1.5871 {4,8821 116,6341 14.7551 8,379 775 721 574 18,835 1.508 7.561 17,960 4,369 642 3,253 1,326 1,601 1,987 48,750 91,642 {80,2() 60,186 23
WOW (WORLD OF WORTH) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 13 R8Strict8d funds (Continued) Birthday Gifts To provKle individual h'rthday gifts for sponsored clildren. Chr15tmas Gift Appeal Every ye8r WOW appeals for funds to buy wery widow, child and student a Christmas present. ARM Legacy Ventures Donations IDurlanlHopo Project) This supports a childr8n's 8ducatiorb programme in Manila, Philippines. Ebi Appeal To raise funds for an orphan in India who wa5 involved in an accident and lost her leg. Emeryency Appeals This Is our disaster relief fund and covers income and expenditure for emergency siluatioTrs which affect our projects such as typhoons, earthquakes, Covid etc. Forelgn Trips for Volunteèrs This fund is for Volunteers, costs who travel with the Charity lo visit the WOW projects overseas. Logos Global Vislon 8ulgarla A new home opened lo Ca for ageing out orphans. providing them with trainin9. life skills and employability Mosquito Nets Appeal Specific fundraiser lo raise money for mosquito nels in Africa. Open Hands Indla This fund supports children's homes in India Mthen a donation is given specifically for this purpose. Speclal glfts and grants - Includlng mlcroloans This fund covers money given for very specific reasons and a separate detailed spreadsheet is kept noting the reasons for the donalion. This covers donations such as birthday gifts for a specifie child, a medical bill for a speciffic child or wdow, gifts given for sarees etc. Ugandan Pasto Appeal To raise money lo provide seminais for pastors in Uganda. Ugandan Trees Appeal Money raised lo plant trees in Uganda to create self sustainability from the harvested wood. WOW Ethlopla Supports 60 women healthcare. food, ront and business enlerpT15es in Addis Ababa whèn donors specifically donate for this purpose. WOW Mozambique This fund supports the WOW Project in Mozambique. when donors specificalty donate towards this prDjecl. WOW help5 70 women wlh agricultural training and micfo-businesses. WOW Uganda This fund supports the WOW programme in Ugsnda, supporting 75 women with training and micro- businesses. when donors Specifically donate for Uganda, WOWWellbelng This fund supports project from Ethiopia and Is raised Wellbeing Events for women in thè UK. 24
WOW (WORLD OF WORTH) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 13 Restrict8d funds Continued) Bulgarian Stockings Appeal Christmas gifts collected f¢Y children in Bulgaria. 20 year5 Celebration Challenges Thi8 fund supports projects in Ethiopia and is raised from events celebrating An(ty & Rachel David's 20 years as directors of WOW. Microloan Funds Donations for Microloan funds for women. Fundraising Events Events hel¢J during the year to raise funds for the charity. e_g. wellbeing days, sponsored walks, coffee morning etc. Uganda Conferences Training Gonferences held with church leaders and women and girls in Ugand8. Kingdom Buslness Business course being developed to train women and girls in developing nali(ms, and lo use as 8 fundr8ising tool in the UK. Sustalnability Projects Dortsalions given with the speclfic aim of creating sustsinability fgr the projects, women and girls. 25
WOW (WORLD OF WORTH) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 14 Unrestricted funds The unreslricteil funds of the charity comprise the unexpended balances of donations and grants which are not subject lo specific conditions by donors and grantors as lo how they may be used. These include designated funds which have been set aside out of unreslrieled funds by the Iruslees lor specific purposes. At1 September 2024 Incoming Resources ources expended Transfers At 31 August 202$ Reserve ftjnd General Funds General lunds 21,000 16,C175 21,000 29,340 171,293 17S7,5001 1528} 37,075 171,293 1157,5001 15281 50,340 Previous year- Incoming resources Resources expended Transfers At 31 August 2024 September 2023 Reserve fund General funds 21.000 28.758 21,000 16,075 181,566 1194,2491 49,758 181.566 1194,2491 37,075 Genernl fund The WOW General Fund supports the WOW projects as shown in the descriptions below and is the main fund from which the women and ¢hildren are supported, and trom which the WOW Overseas Project Bullgets are mel. 11 also covers the charity's core support cos15, in pursuit of the Charity's objectives. 15 Anatysis of net assets between funds Unrestricted funds 2025 Restricted funds 2025 Total 2025 At 31 August 2025: Tangible assets Current asselsllliabililiesl 956 49,384 956 122,823 73,439 50,340 73.439 123,779 26
WOW (WORLD OF WORTH) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AUGUST 2025 15 Analysis of net assets between fund$ (Continued) Unrestricted funds 2024 Restricted funds 2024 Totsl 2024 At 31 August 2024.. Tangible asse15 Current asselsllliabililiesl 445 36,630 445 9S,816 60,186 37,075 60,186 97,261 16 Related party transactSons There were no disclosable related party transactions during the year12D24- rKinel- 27