Registered Charity number 1038650
INTERNATIONAL MINISTRIES FOR THE LIVING WORD
TRUSTEES REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2 Chapel Place
6 White Hart Lane London N17 8DP Tel: 0208 83801 73885
Email: Livingwordtemple@aol.com
INTERNATIONAL MINISTRIES FOR THE LIVING WORD YEAR ENDED 31 MARCH 2025
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|---|---|---|---|---|---|
|Contents|Page|
|Administrative|information|2|
|Trustees|and|Object|of the|Charity|3|
|Report|of the|trustees|4..6|
|Independent|examiner's|report|to|Trustees|7|
|Statement|of|Financial|Activities|8|
|Balance|Sheet|9|
|Notes|Forming|part of the|Financial|statements|10.45|
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1038650
INTERNATIONAL MINISTRIES FOR THE LIVING WORD
LEGAL AND ADMINISTRATIVE INFORMATION
AS AT 31 MARCH 2025
Principal aims
The object of the charity is to advance Christian religion in UK and overseas by spreading the word of the gospel. The charity is staffed by one full time administrator and is assisted by one volunteer , administrative secretary, supported by 5 volunteers as pastors.
Status of the Charity
The Organisation was registered as a charity, no 1038650 in June 1994
ORGANISATIONAL STRUCTURE
The Charity's activities are carried out by 1 staff and 6 volunteers. it is managed and controlled by the Trustees through a management committee.
TRUSTEES
The Trustees who held office during the year were as follows:
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sam Asi Chairperson
Bothwell Nyemba secretary
Virgo Kasozi Batende Treasurer
Gifty Buachie Viember
Brenda Mwangi Member
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Trustees are elected by the member of the Charity at the Annual General Meeting.
Principal Address 2 Chapel Place 6 White Hart Lane London N17 8DP independent Examiner Patrick J Izebhor 13 Chelsfield Avenue London NS SEY BANKERS HSBC Bank PLC Tottenham High Road 448 High Road London N17 9JN
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1038650
INTERNATIONAL MINISTRIES FOR THE LIVING WORD
Annual Report for the year ended 31 March 2025
The International Ministries for the Living Word is constituted by Deed of Trust and is registered Charity, no 1038650. Its address is at 2 Chapel Place, 6 White Hart Lane London N17 8DR.
The charity trustees during the year to 31 March 2025 were:
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Sam Asi Chairperson
Bothwell Nyemba Secretary
Virgo Kasozi Batende Treasurer
Gifty Buachie Member
Brenda Mwangi Member
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Appointments and resignations: New trustees are appointed by the board of trustees for renewable terms of 2 years.
THE TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025
The Charity is depending mostly on tithes and offering contributed by local church members to help pay for workers and the mission works in East Africa; Uganda, Zambia, Rwanda, and in United Kingdom;
In West Africa; Ghana (Accra and Kumasi) and in Europe.
see Trustees’ brief report for the year below
The trustees present their report along side with the financial statement of the charity for the year ended 31 March 2025. The financial statement has been prepared in accordance with the accounting principles set on page 10 and 11
The trustees’ names on page 3 served through out the year being reported. Appointment of trustees is governed by the trust deed of the charity.
During the financial year the charity funded East, Central, and Europe and England's advancement of the Gospel of peace in the countries mentioned above.
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1038650
London UK
During the financial year, the charity refurbished the roof of unit 3 which was leaking. Extensive programmes were carried out to pursue EMPOWERING TOMORROW LEADERS TODAY agenda. Many within the local community signed for the programme and we have a successful year. We had some mentors and counsellors from the community who volunteered to carry out the programmes.
During the summer 105 people in the church and their families/friends were sponsored by the charity to one- day social outing to South End On Sea. The charity also ran health and women empowerment conference. We held youth and leaders retreat at Ashburnham Prayer Place. Quarterly church workers workshop was Carried out.
Women, men, children /youth days was celebrated. The church evangelism and intercessory team embarked on evangelism and 8 new converts accepted Jesus Christ and became certificate members. The church sent one leader to hold International Living Word African church in Ghana where members/ leaders from Zambia, Uganda and Rwanda attended. The charity also invested in the choir ministry and new musical instruments were bought.
Ghana
_The charity continued to sponsor The Girl Child Education programme at our Glorious Living Word International School at Beposo in the Ashanti Region of Ghana. The charity donated toys, used clothes, nursery books, sanitary pads, disposable razors, body sprays, speakers, and other health products to the school.
Maintenance and fencing works was carried out in the school. Pipeline work Was Carried out to extend water supply to the school from Ghana water company and 2,100 litre poly tank was purchased to store water. The charity also sponsored the students to participate in Ghana’s 66" Independence parade at Sekyere Central District and our school cadet was judged the best cadet and won a trophy. The Ghana church also host The International Living Word African churches conference.
A
23 students sat for (BECE)Basic Education Certificate Examination and we had 100 percent passed. The mission Director spent six months in Ghana to oversee the running and the administrations of the school and the African churches.
Zambia
The charity continued to sponsor the community farm project to grow potatoes, soya beans, butternuts, maize, watermelon and other seasonal vegetables to finance the orphanage and the local churches. Maintenance work and cleaning was carried out on the farm sun venter solar panels and the submersible pump which empowers the borehole for irrigation.
Rwanda
The charity sponsored the Rwandan churches with their church rents, maintenance works and evangelism.
Uganda
The charity continued to support the local churches with their rents and utility bills. 2 orphans were supported with their tuition fees by 2 individual church members from Living Word Temple -London
5
CONCLUSION:
A special thanks for the fund we received through the Gift Aids from Inland Revenue to support mission works. With such fund continuing to come in, the charity would continue to recruit, develop and appoint mission staff in Africa and continue the advancement in the Gospel, by providing enhanced transportation facilities
and educational projects for Africa mission.
INTERNATIONAL MINISTRIES FOR THE LIVING WORD 31 March 2024
Unspent income at 31 March 2025 is £114623.00 and 2024 was £106272.00
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The trustee estimated the value of assets held overseas £80,345
signed
\
a , rc. Date 01 August 2025
Mis Virgo Kasozi-Batende
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1038650
independent Examiner's report to
the Trustees of International Ministries of the Living Word (IMLW/).
- | report on the accounts of the organisation for the year ended 31 March 2025 which are set out on pages 9 to 15
Respective responsibilities of trustees and independent examiner:
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charity Act) and that an independent examination is needed.
It is my responsibility to:
-
Examine the accounts under section 145 of the Charity Act,
-
To follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145 (5)(b) of the Charity Act), and
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To state whether particular matters have come to my attention.
Basis of independent examiner's report:
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 examinations from the trustees concerning any such matters. The procedures undertaken do not provide ail the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’. view and the report is limited to those matters set out in the statement below.
Independent examiner's statement:
in connection with my examination, no matter has come to my attention; (a) which gives me reasonable cause to believe that in any material respect the requirements
“ to keep accounting records in accordance with section 130 of the Charity Act: “ to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Charity Act have not been met; or (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Joseph Izebhor as FMAAT, ACIS & MCIM Signed DY... ecco cece ceccecceceeceececee Accountants and Tax Advisers Date: 02 August 2025 13 Chelsfield Ave London N9 8EY
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1038650
INTERNATIONAL MINISTRIES FOR THE LIVING WORD
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR TO 31 MARCH 2025
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|---|---|---|---|---|---|---|---|
|NOTE|Unrestricted|Restricted|31.3.2025|31.3.2024|
|£|£|£|£|
|INCOME|AND|EXPENDITURE|
|incoming|Resources|
|Gift Aids|22,587|“|22,587|21,879|
|Tithes &|offering|120,520|-|120,520|19|952|
|Other|-|-|zs|i|
|143,106|:|143,106|131,832|
|less:|
|RESOURCES|EXPENDED|
|Children|camping /events|685|-|685|1,306|
|Bereavement|478|-|478|130|
|Office|Expenses/books|$3|31,685|~|31,685|37,134|
|Sundry|expenses|S4|13,161|-|13,161|5,/85|
|Rent/service charge|34|B84|#|34,884|28,800|
|Fire|protection|276|-|276|228.00|
|Mission|work|overseas|55|11,602|;|11,602|26,320|
|Legal|and|professional|$6|4,391|z|4,391|4,233|
|Sage|software|-|-|-|284|
|Salary &|HMRC|S|7|27,390|-|27,390|25,294|
|Depreciation|1335|-|1,335|1,033|
|Electricity|bill|5,382|-|5,382|1,551|
|Guest|Preachers|400|-|400|1,670|
|Feeding community|needing|-|-|é|
|Social|aids|3,085|~|3,085|-|
|Total|resources expended|134,755|-|134,755|133,768|
|Net|(outgoing)/incoming|8,351|-|8,351|-1,936|
|Transfers|;|-|-|-|
|Net|(outgoing)/incoming|
|Resources after Transfers|8,351|-|8,351|-1,936|
|Total|Funds at start|of year|103,362|2,910|106,272|108,208|
|Total|Funds|at end|of year|111,713|2,910|114,623|106,272|
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1038650
INTERNATIONAL MINISTRIES FOR THE LIVING WORD
BALANCE SHEET AT 31 MARCH 2025
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|---|---|---|---|---|---|---|---|---|
|34-3:2025|31.3.2024|
|Notes|£|£|£|a|
|unrestricted|—_— restricted|total|total|
|FIXED ASSETS|
|Fixed|Assets|B2|5,339|-|5,339|4,130|
|CURRENT|ASSETS|
|Cash|in|Hand|and|Bank|9,429|:|9,429|7,118|
|Investment|77,018|2,910|79,928|79,928|
|Gift Aids|5,500|2|5,200|5,200|
|Dedtor|Mary|3,000|3,000|-|
|Prepaid|Ghana|Unspent|2,187|-|2,187|~|
|Pan|African|Radio|Project|13,460|-|13,460|13,460|
|Total|assets|115,933|2,910|118,843|110,136|
|CURRENT|LIABILITIES|PAYABLE|
|WITHIN|ONE YEAR|
|Sundry|Creditors|B5|-4,220|-|-4,220|-3,864|
|LIABILITIES|OVER|ONE|YEAR|-|~|-|
|Net|Assets|111,713|2,910|114,623|106,272|
|REPRESENTED|BY:|
|Fund|Balance|B/FD|
|Balance|B/D|unrestricted|103,362|105,298|
|Balance|B/D|Restricted|2,910|2,910|
|This|year's|surplus /|deficit|unrestricted|8,351|-1,936|
|114,623|106,272|
|Mis|Virgo|Kasozi-Batende|Trustee|
|Signed ,|Date:|01-Aug-25|
|For|and|on|behalf of the managing|committee|
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1038650
INTERNATIONAL MINISTRIES FOR THE LIVING WORD
- NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2025
1 ACCOUNTING POLICIES
-
The following relevant accounting policies have been applied on a consistent basis throughout the period.
-
1.1 BASIS OF PREPARATION
-
These financial statements have been prepared under the historic cost convention and in accordance with the Statement of Recommendation Practice "Accou nting and Reporting by Charities (SORP 2005) and the Finance Reporting Standards for Small Entities (effective January 2007)
Unrestricted Funds
Unrestricted funds are incoming resources receivable or generated for the objects of the Charity without further specified purpose and are available as general fund. This time there is no restricted money received.
Grants and Contracts
- Grants are recognised in full in the Statement of Financial Activities in the year in which they are receivable
Donations
Voluntary income is receivable by way of donations and gift and is included in full in the statement of Financial Activities when receivable. The value of services provided by volunteers has not been included
income from Charitable Activities
- income from charitable Activities derives from tithes and offerings from congregation and is recognised in full in period in which they are received. Gift Aid related are treated in the same way
RESOURCES EXPENDED
Resources expended are recognised in the period in which they are incurred.
Tangible Fixed Assets and depreciation
The cost of furniture and equipment is capitalised as fixed assets and then depreciated at the rate of 20 % per annum on a reducing balance basis.
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Fees for examining the accounts 31.3.2025 31.3.2024
independent examiner's fee for reporting on the accounts 1,038 1,038
Page 10 1038650
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INTERNATIONAL MINISTRIES FOR THE LIVING WORD
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2025 CONTD
1 ACCOUNTING POLICIES CONTD
BASIS
The financial statements have been prepared under the historical cost convention and include the results of the church's operations, which are described in the trustee's report. The financial statements have been prepared in accordance with applicable accounting standards.
Tangible fixed assets and depreciation
Depreciation on all fixed assets is provided at 20% on a reducing balance basis on all equipment
B2 FIXED ASSETS
| Motor | Computer | Musical | Fixtures& | Total | |
|---|---|---|---|---|---|
| Van | Equipment | Equipment | Fittings | ||
| £ | £ | £ | iz | £ | |
| Cost/Valuation | |||||
| 01-Apr-24 | - | 17,745 | 21,577 | 12,250 | 51,572 |
| Additions | ~ | - | 2,544 | - | 2,544 |
| Disposals | |||||
| 31-Mar-25 | - | 17,745 | 24,121 | 12,250 | 54,116 |
| Depreciation | |||||
| 01-Apr-24 | - | 16,739 | 18,656 | 12,048 | 47,443 |
| Charge fortheyear | - | 201 | 1,093 | 40 | 1,335 |
| 31-Mar-25 | - | 16,940 | 19,749 | 12,088 | 48,778 |
| Net Book Value | |||||
| 31-Mar-24 | - | 1,006 | 2022 | 202 | 4,130 |
| 31-Mar-25 | - | 805 | 4,372 | 162 | 5.539 |
| Page11 | 1038650 |
INTERNATIONAL MINISTRIES FOR THE LIVING WORD
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 3ist MARCH 2025 CONTD
| S 3 OFFICE EXPENSES | 312.2025 | 31.3.2024 | |
|---|---|---|---|
| £ | £ | ||
| Repairs improvement & Decoration | 5,600 | 3,455 | |
| Insurance | - | 870 | |
| Water | 348 | 2 | |
| MViedia books | - | - | |
| Companies House | 13 | 13 | |
| Women's conference | ° | > | |
| Sage softwear | 316.71 | - | |
| Pastoral care donations | - | 1,587 | |
| Nest Pension | 7 | ||
| Heating | 6,020 | 13,975 | |
| Trips/fuel | - | ||
| Visitation | 1,030 | 1,200 | |
| Social outing | 1,790 | 1,370 | |
| Trustees and Committee members meeting | 820 | = | |
| Membership | - | 120 | |
| Post, printing and stationery | 779 | 1,427 | |
| Telephone | 4,001 | 4,201 | |
| Outreach church | - | 2,003 | |
| Volunteer allowance/Travelling | 3,262 | 4,210 | |
| Petty cash | - | 580.19 | |
| Transport AJ | 6,600 | - | |
| Thames water | 500 | 531 | |
| Children materials | = | * | |
| Volunteer Exps | 605 | 1,892 | |
| Other & visa | ~ | - | |
| 31,685 | 37,134 | ||
| S 4SUNDRY EXPENSES | |||
| 31.3.2025 | 31.3.2024 | ||
| £ | £ | ||
| Bank Charges & financial charges | 689 | 456 | |
| WebhostingUK subscription | 90 | 90 | |
| Capital loss | - | - | |
| Management committee/TAPAC | 390 | - | |
| CCTVSecurity | 984 | 1,171 | |
| Cheques return | 1,900 | 1,280 | |
| Policy renewal | . | as | |
| Unpaid cheques | 1,373 | 180 | |
| Hygiene | 1,174 | 1,316 | |
| Asbunham Retreat exps | 3,655 | - | |
| Refreshment | 1,475 | 858 | |
| Evangelism expenses | 600 | : | |
| Subtotal | 12,331 | 5,350 | |
| Page12 | 1038650 |
| Broughtforward | 12331 | 5350 |
|---|---|---|
| Pest control | ~ | - |
| instrumentalist/Music ministrytraining | 243 | |
| Other | 236 | 435 |
| Cleaning | 351 | - |
| 13,161 | 5,785 |
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1038650
INTERNATIONAL MINISTRIES FOR THE LIVING WORD
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2025 CONTD
S 5 Mission Work
| S 5 Mission Work | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Ghana | ‘ickets&Other | Zambia | Rwanda | Uganda | UK EUROP | total | |||
| Allowance | 950.09 | - | 450 | 400 | 200 | - | 2,000 | ||
| School | 1,134 | - | - | - | - | = | 1,134 | ||
| Travel | 479.56 | 2119.89 | 1,000 | ~ | - | 100 | 4,299 | ||
| Mini Busmaintenance | LJ2o | - | - | - | ~ | 7 | leh | ||
| Farm | = | 2,000 | 7 | - | = | 2,000 | |||
| Building | 444 | - | - | - | - | ~ | 443./8 | ||
| CASH UNSPENT | -2,187 | - | - | - | - | ~ | - | 2,10¢ | |
| CASH UNSPENT | 2,187 | - | - | - | - | - | 2,187 | ||
| 4,732 | 2420 | 3,450 | 400 | 200 | 700 | 11,602 | |||
| S 6 LEGALAND PROFESSIONAL | |||||||||
| 31.3.2025 | 31.3.2024 | ||||||||
| = | £ | ||||||||
| Accountancy fees/independent | examiner's fee | 4,013 | 3,863 | ||||||
| Loan refund/consultancy | - | - | |||||||
| Subscription | 84 | 84 | |||||||
| insurance | 293.49 | Zo | os: | ||||||
| EnthronementAlbum/others | * | ‘ | |||||||
| 4,391 | 4,233 | ||||||||
| S 7 SALARIES | |||||||||
| 31.03.2025 | 31.03.2024 | ||||||||
| cg | £ | ||||||||
| Fordwour thisyear | 22,501 | 22,501 | |||||||
| Inland Revenue-NIC & PAYE | 4,888 | 2,792 | |||||||
| 27,390 | 25,294 |
- There was one full timer employee in post in the financial year Fordwuor Kwadwo.
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1038650
INTERNATIONAL MINISTRIES FOR THE LIVING WORD
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31ist MARCH 2025 CONTD
B 5 SUNDRY CREDITORS
| 31.3.2025 | 31.3.2024 | |
|---|---|---|
| £ | £ | |
| Book keeping Fees | 950 | 950 |
| Accountancy | 1,200 | 1,200 |
| Payroll related cost | 300 | 300 |
| Nest Pension | - | ~ |
| independent Examiner Fees | 1,038 | 1,038 |
| Accountancy B/fwd | 525 | 376 |
| Rent | - | - |
| Zambia Mission | - | - |
| unclear cheque petty cash | - | - |
| volunteer | - | - |
| Fordwuor | 207 | - |
| 4,220, | 3,864, |
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1038650