OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← World In Need International

2025-03-31-accounts

Charity number: 1041711

World in Need International

Unaudited

Trustees' Report and Financial Statements

For the Year Ended 31 March 2025

World in Need International

Contents

Page
Reference and Administrative Details of the Charity, its Trustees and Advisers 1
Trustees' Report 2 - 9
Independent Examiner's Report 10
Statement of Financial Activities 11
Balance Sheet 12
Notes to the Financial Statements 13 - 31

World in Need International

Reference and Administrative Details of the Charity, its Trustees and Advisers For the Year Ended 31 March 2025

Trustees A Martin
I S J Martin, Chair and Treasurer
K L Powney
D M Rowe, Deputy Chair
A K Yip, Secretary
Charity registered
number
1041711
Principal office
Trinity Training Centre
Mill Crescent Park Road
Crowborough
East Sussex
TN6 2QU
Chief executive officer
David Goodchild (Resigned 13 February 2025)
Tim Cole (Appointed 13 February 2025)
Accountants
Kreston Reeves LLP
Chartered Accountants
Springfield House
Springfield Road
Horsham
West Sussex
RH12 2RG
Bankers
Lloyds Bank plc
82 Mount Pleasant Road
Tunbridge Wells
Kent
TN1 1RP

Page 1

World in Need International

Trustees' Report For the Year Ended 31 March 2025

The Trustees present their annual report together with the financial statements of the Charity for the financial period between 1 April 2024 to 31 March 2025.

Purpose, objectives and activities

a. Purpose

Our purpose is Practical Mission – we support local communities to help feed, educate and assist those in need and give them the opportunity to follow Jesus Christ.

World in Need in the UK seeks to support the WIN Global Family Leaders, coming alongside them as they serve the physical and spiritual needs of their communities. We call this ‘Practical Mission’. We do not have a ‘one size fits all’ approach, rather we are guided by the vision in the heart of our Global Family leaders on the ground. They know and understand the needs of the communities that they serve – we seek to support them as they help those in need and give them the opportunity to follow Jesus Christ. We currently serve poorer communities in ten different nations across Africa and Asia.

We partner with smaller organisations with a particular interest in helping children, working in countries facing poverty. These organisations are run by local people who share our vision, values and purpose. Most would not normally receive support from the larger aid organisations, due to their smaller size.

World in Need is incredibly grateful for the financial and prayer support of its donors, child sponsors and partner churches without whom WIN could not exist.

b. Objectives

In fulfilling our purpose, we have 4 objectives:

  1. Support local communities to feed, educate and help those in need

  2. Support local communities with the opportunity to follow Jesus Christ

  3. Connecting with individuals and churches that wish to support Practical Mission

  4. Running the Charity in accordance with all relevant regulations and guidance

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance ‘Public benefit: running a charity (PB2)’.

c. Activities undertaken to achieve objectives

In support of our objectives, this year we have focused on the following strategies:

Page 2

World in Need International

Trustees' Report (continued) For the Year Ended 31 March 2025

Purpose, objectives and activities (continued)

d. Main activities undertaken to further the Charity's purposes for the public benefit

The clearly identifiable public benefits of the charity, in line with the charity’s purpose, are:

In setting our programmes each year the Trustees have regard to the Charity Commission's general guidance on public benefit and on the prevention and relief of poverty. The Trustees always ensure that the programmes undertaken are in line with our charitable objects and aims.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Page 3

World in Need International

Trustees' Report (continued) For the Year Ended 31 March 2025

Achievements and performance

a. Main achievements of the Charity

An update from the CEO

This financial year has seen a year of change. David Goodchild left the role of CEO to move to New Zealand with his family and Tim Cole came to take on the leadership of World In Need. Throughout this change the commitment and support of the Trustees, UK Staff team, volunteers and Global Family was greatly appreciated. We are also very grateful for the continued support of our dedicated and faithful supporters. Through the year we have continued to support our Global Family as they navigate the challenges in their own particular contexts.

Sponsorship

Sponsorships have again decreased this year, primarily due the difficulty in finding new sponsors. We successfully implemented our default sponsorship value to £28 per month and were encouraged by the number of existing sponsors who increased their support in line with this.

Appeals

Our appeals have been successful throughout the year, enabling us to provide for specific requests for support from our Global Family members.

Discipleship Programme

The next phase of the Basic Discipleship Programme was rolled out and continues to be greatly appreciated by those conducting and completing the courses. We continue to work in close relationship with Emmanuel Press in South Africa and share our successes with them.

Global Family

Regular online meetings have maintained good relationships with Global Family members. Supporting individuals with pastoral care, mentoring and coaching, as they navigate the challenges that they face be it local, national or global.

Sierra Leone

Tamba continues in his work across the nation, overseeing a number of churches and school and running conferences that inspire youth to make a positive difference in their society. Tamba continues in his responsibilities in the Pentecostal Association of Sierra Leone and plays an advisory role to government from time to time.

DR Congo

It has been a challenging end to the year for Claudaline, her family and community with the intensification of the violent rebel activity in the area. We were able to mobilise emergency supplies for the community and provide security guards for the Hope school during these challenging times.

Uganda – Central

The Maranatha School has had a challenging end of the year with a legal dispute about land ownership that the school is on. We are supporting Albert and the team as they work through the legal processes to establish a firm foundation for continuing their great work. Throughout this challenge Global Family member Albert acted very professionally with openness and integrity and with excellent communication. The Basic Discipleship Course continues to be appreciation.

Uganda – North

Jesus Is The Way School continues its good work of supporting children to gain an education, many of whom are sponsored. Rev George continues his responsibilities in the Anglian Church as a Canon, overseeing many parishes.

Kenya

The Nancy George Academy continues to flourish under the leadership of Robert Mulumbi. We were able to supply the school with new desks for the older students. The Basic Discipleship Course has again been a success and greatly appreciated.

Page 4

World in Need International

Trustees' Report (continued) For the Year Ended 31 March 2025

Achievements and performance (continued)

Ethiopia

The small team at the Rightpath in Ethiopia, continue their valuable work amongst families in poverty, facilitating the sponsorship program and enabling education for the children involved. They have now moved to a new office, which is adequate for their needs and is more cost effective.

Pakistan

We have been able to continue to support our Global Family in Pakistan, helping her to support many families in the area with support for school fees and food supplies. The situation in the country continues to be challenging due to political and religious unrest. Visiting the project has been advised against due to the risk of religious backlash.

India – Punjab

The children in the boys children’s home are well. Global Family member Rachel continues her daily communication with the boy’s home and oversees the work as the home continues to provide a safe home for the boys in that area.

India – Faridabad

The work has continued in India, sadly our Global Family leader Sheeba died, this was a very sad loss, however her husband Sanjay has stepped into lead the organisation. The work continues to provide for the children’s educational and social needs and is supported by a small but faithful team.

Bangladesh

Unfortunately, a planned visit had to be cancelled due to the political unrest that spread throughout the country. Thankfully our partners were not adversely affected by the unrest. The Home Of The Champions continues to thrive under the leadership of Pastor Alfred and his team.

Thailand

The decision was made to no longer support the drug rehabilitation project as it was no longer functioning. We have maintained a minimal partnership to continue facilitating the sponsorship of the leader’s children so that they can their education. The leaders continue to working in a café, as they consider their options for the future.

Philippines

The CEO was able to visit our partners, the Church continues to thrive as a positive impact on the community, however the school has had to reduce to pre-school only, due to the building no longer being compliant with the standards for an educational facility. All children have successfully been relocated to other schools and the sponsorship process continue to pay towards their education. They have successfully run several Basic Discipleship Courses.

South Africa

Our Relationship with South African organisation Emmanuel Press continues, and our partnership in using their Basic Discipleship Course continues to be received well amongst our Global Family. The partnership is also expanding Emmanuel Press’ ability to share their literature to a wider audience.

The UK Office

The UK team has continued with a positive team dynamic, successfully using the open-plan working environment and optional private meeting rooms. We have continued to work well together as employed and volunteers, with everyone on a part-time basis. We have also continued working in a hybrid fashion using the offices on days when most staff are working, and from home on less busy days.

Page 5

World in Need International

Trustees' Report (continued) For the Year Ended 31 March 2025

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Reserves policy

The policy of the Charity is to maintain both restricted and unrestricted funds at levels that will enable the Charity to meet its objectives for the foreseeable future. For restricted funds this is usually self-controlling as programmes are only expended within budgets aligned with their donations or grants.

The Trustees, CEO and Finance Manager have agreed a cash reserves policy of £40,000 to cover 3-4 months’ of operational expenses. Use of the cash reserves requires Trustee and CEO approval. Should a decision to use the reserves be taken in an emergency this will include plans for its replacement. If Trustees decide to increase reserves, then the policy will be changed accordingly.

Structure, governance and management

a. Constitution

To simplify its administration, World in Need International Ltd, a charitable company limited by guarantee, converted to a Charitable Incorporated Organisation on 18 March 2025.

The main purpose of the charity, as set out in the updated Constitution, is unchanged : to relieve poverty, sickness and distress, to preserve the health of persons in any part of the world, and to advance the education of such persons and those involved in administering such relief and all such objects that are charitable in law and not inconsistent with the above.

b. Methods of appointment or election of Trustees

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Charity's Constitution.

c. Induction and training of Trustees

Induction and training of Trustees is carried out through briefings by the Chairman, CEO and staff and by participation in World in Need conferences and other such events. Trustees generally have a management or professional background relevant to the Charity. From time to time the Charity undertakes a Board Effectiveness Review and/or skills audit to ensure the Charity is well supported by its Trustee and Board composition. Trustees are encouraged to undertake relevant training/reading to maintain their understanding of charity regulation and Charity Commission guidance.

d. Arrangements for setting key management personnel remuneration

The key personnel are the Chief Executive Officer and the finance manager. Their remuneration is approved by the trustees.

Page 6

World in Need International

Trustees' Report (continued) For the Year Ended 31 March 2025

Structure, governance and management (continued)

e. Organisational structure

The CEO, together with his team, which includes the Child Sponsorship Manager and the Finance Manager, handles the day-to-day management of the Charity under delegated authority.

Trustees meet both formally and informally about eight times per year and the CEO normally attends these meetings. The Trustees, working together with the CEO, are responsible for setting the overall direction of the charity, for approving the budget and major expenditures, for reviewing income and expenditure against budget and for assessing and mitigating major risks.

f. Related party relationships

World in Need operates outside the UK through relationships with local community and church leaders in Bangladesh, Democratic Republic of Congo, Ethiopia, India, Kenya, Pakistan, the Philippines, Poland, Sierra Leone, South Africa, Thailand and Uganda.

These organisations, many with their own local organisational and governance structures, are full or associate members of the World in Need global family and have agreed to operate in accordance with the World in Need Global Family Agreement.

The Global Family meets together from time to time, either online or in person, for supporting one another in mission, prayer and mutual encouragement.

Page 7

World in Need International

Trustees' Report (continued) For the Year Ended 31 March 2025

Structure, governance and management (continued)

g. Major risks and management of those risks

Significant activities undertaken are subject to a risk review as part of the initial project assessment and implementation. Major risks are identified and ranked in terms of their potential impact and likelihood.

Major risks, for this purpose, are those that may have a significant effect on:

The Trustees review these risks on an ongoing basis and satisfy themselves that adequate systems and procedures are in place to manage the risks identified through the maintenance of a formal SORP risk assessment register, with mitigations and corrective actions by Trustees and management. The risk register is subject to Trustee review and challenge at its regular Board meetings. Where appropriate, risks are covered by insurance.

The following framework is key to ensuring adequate risk assurance:

At the end of March 2025 the highest risks were considered to be:

In assessing risk the Trustees recognise that some areas of our work require the acceptance and management of some risk if our key objectives are to be achieved.

Page 8

World in Need International

Trustees' Report (continued) For the Year Ended 31 March 2025

Statement of Trustees' responsibilities

The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

All serious incidents have been reported to the Charity Commission as required by its guidance. In the 2024/25 year two such reports were made by the Trustees : one in relation to safeguarding & legal disputes in Uganda, the other in relation to M23 rebel activity in the DRC.

Approved by order of the members of the board of Trustees and signed on their behalf by:

................................................ I S J Martin (Chair of Trustees)

Date: 10 December 2025

Page 9

World in Need International

Independent Examiner's Report For the Year Ended 31 March 2025

Independent Examiner's Report to the Trustees of World in Need International ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2025.

Responsibilities and Basis of Report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable 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 other 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.

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed:

Dated: 10 December 2025

James Peach, FCA

Kreston Reeves LLP, Springfield House, Springfield Road, Horsham, West Sussex, RH12 2RG Page 10

World in Need International

Statement of financial activities For the Year Ended 31 March 2025

Note
Income from:
Donations and legacies
3
Charitable activities
4
Investments
5
Total income
Expenditure on:
Raising funds
6
Charitable activities
7
Total expenditure
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Unrestricted
funds
2025
£
102,677
1,968
17,098
121,743
17,107
107,728
124,835
(3,092)
500,683
(3,092)
497,591		 Restricted
funds
2025
£
151,952
762
-
152,714
-
157,183
157,183
(4,469)
29,827
(4,469)
25,358		 Total
funds
2025
£
254,629
2,730
17,098
274,457
17,107
264,911
282,018
(7,561)
530,510
(7,561)
522,949		 Total
funds
2024
£
274,254
5,424
12,880
292,558
15,954
288,436
304,390
(11,832)
542,342
(11,832)
530,510

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

The notes on pages 13 to 31 form part of these financial statements.

Page 11

World in Need International

Balance Sheet As at 31 March 2025

Note
Fixed assets
Tangible assets
12
Current assets
Debtors
13
Cash at bank and in hand
Creditors: amounts falling due within one
year
14
Net current assets
Total net assets
Charity funds
Restricted funds
15
Unrestricted funds
15
Total funds		 14,638
101,955
116,593
(16,569)		 2025
£
422,925
422,925
100,024
522,949
25,358
497,591
522,949		 3,884
118,689
122,573
(17,218)		 2024
£
425,155
425,155
105,355
530,510
29,827
500,683
530,510

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

................................................

I S J Martin

(Chair of Trustees)

Date: 10 December 2025

The notes on pages 13 to 31 form part of these financial statements.

Page 12

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

1. General information

World in Need International is a CIO (Charitable Incorporated Organisation), registered with the Charity Commission in England and Wales with the charity number 1041711. The registered office address is Trinity Trading Centre, Mill Crescent, Crowborough, East Sussex, TN6 2QU.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

World in Need International meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

No statement of cash flows has been provided as the charity is small under the Charities SORP (FRS 102).

The financial statements are presented in sterling and rounded to the nearest £1.

2.2 Going concern

The trustees have considered the impact of the global uncertainty happening in the world currently. They have considered the charity will continue to operate for the foreseeable future and be able to settle all liabilities as they fall due, and is a going concern.

Page 13

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

2. Accounting policies (continued)

2.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold.

Where the donated good is a fixed asset, it is measured at fair value, unless it is impractical to measure this reliably, in which case the cost of the item to the donor should be used. The gain is recognised as income from donations and a corresponding amount is included in the appropriate fixed asset class and depreciated over the useful economic life in accordance with the Charity's accounting policies.

On receipt, donated professional services and facilities are recognised on the basis of the value of the gift to the Charity which is the amount it would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

Page 14

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

2. Accounting policies (continued)

2.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.6 Gift Aid

Where the right to receive Gift Aid has been established, the amount receivable is recognised as investment income in the Statement of Financial Activities.

2.7 Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the reporting date.

Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.

Exchange gains and losses are recognised in the Statement of Financial Activities.

2.8 Taxation

The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

2.9 Tangible fixed assets and depreciation

Tangible fixed assets costing £100 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the revaluation model, tangible fixed assets whose fair value can be measured reliably shall be carried at a revalued amount, being their fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Revaluations are made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting date.

Fair values are determined from market-based evidence by appraisal that is normally undertaken by professionally qualified valuers. If there is no market-based evidence of fair value because of the specialised nature of the tangible fixed asset and it is rarely sold, except as part of a contributing business, a Charity may need to estimate fair value using an income or depreciated replacement cost approach.

Gains and losses on revaluation are recognised in the Statement of Financial Activities, with a separate revaluation reserve being shown in the Statement of funds note within Fixed assets fund.

Page 15

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

2. Accounting policies (continued)

2.9 Tangible fixed assets and depreciation (continued)

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following bases:

2.10 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.11 Cash at bank and in hand

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

2.12 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

2.13 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.14 Operating leases

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the lease term.

2.15 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

Page 16

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

2. Accounting policies (continued)

2.16 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

3. Income from donations and legacies

Donations and legacies
Donations
Gift aid reclaimed
Legacies
Grants
Donated services and facilities
Total 2025		 Unrestricted
funds
2025
£
60,780
35,613
3,300
-
2,984
102,677		 Restricted
funds
2025
£
151,222
530
-
200
-
151,952		 Total
funds
2025
£
212,002
36,143
3,300
200
2,984
254,629
Donations
Gift aid reclaimed
Legacies
Grants from other charities
Donated services and facilities
Total 2024		 Unrestricted
funds
2024
£
56,785
37,458
1,000
560
7,270
103,073		 Restricted
funds
2024
£
160,497
644
-
10,040
-
171,181		 Total
funds
2024
£
217,282
38,102
1,000
10,600
7,270
274,254

Page 17

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

4. Income from charitable activities

Sales of goods and services
Other events income
Sales of goods and services
Other events income
Total 2024
Investment income
Rental income
Interest received on bank deposits
Total 2025
Rental income
Interest received on bank deposits
Total 2024		 Unrestricted
funds
2025
£
-
1,968
1,968
Unrestricted
funds
2024
£
67
4,902
4,969		 Restricted
funds
2025
£
-
762
762
Restricted
funds
2024
£
-
455
455
Unrestricted
funds
2025
£
13,500
3,598
17,098
Unrestricted
funds
2024
£
9,410
3,470
12,880		 Total
funds
2025
£
-
2,730
2,730
Total
funds
2024
£
67
5,357
5,424
Total
funds
2025
£
13,500
3,598
17,098
Total
funds
2024
£
9,410
3,470
12,880

5. Investment income

Page 18

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

6. Expenditure on raising funds

Costs of raising voluntary income

Marketing and publicity
Wages and salaries
Costs of raising voluntary income - NI
Costs of raising voluntary income - pension costs
Marketing and publicity
Wages and salaries
Costs of raising voluntary income - NI
Costs of raising voluntary income - pension costs		 Unrestricted
funds
2025
£
3,525
12,904
33
645
17,107
Unrestricted
funds
2024
£
2,760
12,541
26
627
15,954		 Total
funds
2025
£
3,525
12,904
33
645
17,107
Total
funds
2024
£
2,760
12,541
26
627
15,954

Page 19

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

7. Analysis of expenditure on charitable activities

Summary by fund type

Country Support
Child Sponsorship
Total 2025
Country Support
Child Sponsorship		 Unrestricted
funds
2025
£
50,342
57,386
107,728
Unrestricted
funds
2024
£
51,450
61,433
112,883		 Restricted
funds
2025
£
55,534
101,649
157,183
Restricted
funds
2024
£
71,800
103,753
175,553		 Total
2025
£
105,876
159,035
264,911
Total
2024
£
123,250
165,186
288,436

Summary by expenditure type

Country Support
Child Sponsorship
Country Support
Child Sponsorship		 Staff costs
2025

£
50,780
20,320
71,100
Staff costs
2024
£
52,313
20,583
72,896		 Depreciation
2025
£
2,230
-
2,230
Depreciation
2024
£
2,134
-
2,134		 Other costs
2025
£
52,866
138,715
191,581
Other costs
2024
£
68,803
144,603
213,406		 Total
2025
£
105,876
159,035
264,911
Total
2024
£
123,250
165,186
288,436

Page 20

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

8. Analysis of expenditure by activities

Country Support
Child Sponsorship
Country Support
Child Sponsorship		 Activities
undertaken
directly
2025
£
77,437
106,221
183,658
Activities
undertaken
directly
2024
£
92,665
108,384
201,049		 Support
costs
2025
£
28,439
52,814
81,253
Support
costs
2024
£
30,585
56,802
87,387		 Total
funds
2025
£
105,876
159,035
264,911
Total
funds
2024
£
123,250
165,186
288,436

Basis of allocation

Expenditure is allocated based on the most applicable of the following methods:

9. Independent examiner's remuneration

2025 2024
£ £
Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual accounts 3,120 2,970

Page 21

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

10. Staff costs

Wages and salaries
Social security costs
Pension costs		 2025
£
81,485
(422)
3,619
84,682		 2024
£
82,452
100
3,538
86,090

Wages and salaries reported above are the combined staff cost totals as reported in notes 6 and 7.

The average number of persons employed by the Charity during the year was as follows:

Charitable purposes
Raising funds		 2025
No.
1
5
6		 2024
No.
1
5
6

No employee received remuneration amounting to more than £60,000 in either year.

The charity made no redundancy or termination payments during either the current or prior year.

Ex-gratia termination payments to former employees are made when the trustees believe it is appropriate to do so.

The total employee benefits, including employer pension contributions, of the key management personnel of the charity were £58,137 (2024 - £54,809).

The chief executive officer, as the highest paid member of staff, received benefits, including employer pension contributions, totalling £42,165 (2024 - £39,667).

11. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL).

During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NIL).

Page 22

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

12. Tangible fixed assets

Cost or valuation
At 1 April 2024
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024		 Freehold
property
£
425,000
425,000
1,440
1,440
2,880
422,120
423,560		 Office
equipment
£
17,641
17,641
16,046
790
16,836
805
1,595		 Total
£
442,641
442,641
17,486
2,230
19,716
422,925
425,155

The fair value of the company's land and buildings was revalued on 31 March 2023. An independent valuation was conducted by Peter Oliver Homes Limited. The Trustees have reviewed and are happy with the valuation at 31 March 2025.

The land value of the freehold property suffers no depreciation.

The Charity has adopted a policy of revaluation for tangible fixed assets. Had these assets been measured at historic cost, the carrying values would have been as follows:

2025 2024
£ £
Freehold property 89,211 90,100

Page 23

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

13. Debtors

Due within one year
Other debtors
Prepayments and accrued income		 2025
£
3,014
11,624
14,638		 2024
£
3,555
329
3,884

14. Creditors: Amounts falling due within one year

Other taxation and social security
Other creditors
Accruals and deferred income		 2025
£
1,116
9,433
6,020
16,569		 2024
£
1,034
11,017
5,167
17,218

Page 24

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

15. Statement of funds

Statement of funds - current year

Unrestricted funds
Designated funds
Fixed assets
Revaluation reserve
Overhead provision
Approved projects
General funds
General fund
Total Unrestricted funds
Restricted funds
Bangladesh
Child sponsorship
Congo
South Africa (Emmanuel Press)
Ethiopia
Feeding programme
Freight Costs
India - Faridabad
Kenya
Northern Uganda
Philippines
Sierra Leone
Thailand
India - Punjab
Uganda
UK Fundraising
UK Miscellaneous
Pakistan
Discipleship Course		 Balance at 1
April 2024
£
106,474
318,681
40,000
375
465,530
35,153
500,683
-
10,399
-
1,955
70
77
254
1,380
5,888
1,792
-
-
-
735
45
1,305
1,000
-
4,927
29,827		 Income
£
-
-
-
-
-
121,743
121,743
1,279
96,413
19,317
5,704
3,601
5,633
-
386
4,396
1,438
3,009
1,426
419
2,869
1,136
762
-
3,427
1,499
152,714		 Expenditure
£
(2,230)
-
-
(375)
(2,605)
(122,230)
(124,835)
(919)
(96,529)
(18,836)
(5,150)
(3,579)
(5,341)
-
(1,766)
(3,710)
(3,230)
(3,009)
(1,354)
(419)
(3,604)
(1,136)
(1,937)
-
(3,427)
(3,237)
(157,183)		 Transfers
in/out
£
551
(551)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Balance at
31 March
2025
£
104,795
318,130
40,000
-
462,925
34,666
497,591
360
10,283
481
2,509
92
369
254
-
6,574
-
-
72
-
-
45
130
1,000
-
3,189
25,358

Page 25

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

15.
Statement of funds (continued)
Total of funds
530,510		 274,457 (282,018) - 522,949

Page 26

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

15. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
Designated funds
Fixed assets
Revaluation reserve
Overhead provision
Approved projects
General funds
General fund
Total Unrestricted funds
Restricted funds
Bangladesh
Child sponsorship
Congo
South Africa (Emmanuel Press)
Ethiopia
Feeding programme
Freight Costs
India - Faridabad
Kenya
Northern Uganda
Philippines
Sierra Leone
Thailand
India - Punjab
Uganda
UK Fundraising
UK Miscellaneous
Poland
Pakistan
Discipleship Course		 Balance at
1 April 2023
£
107,688
319,232
40,000
3,400
470,320
38,278
508,598
-
6,434
-
9,803
495
157
254
27
5,780
2,021
-
-
-
-
625
1,080
1,350
530
800
4,388
33,744		 Income
£
-
-
-
-
-
120,922
120,922
5,926
102,659
12,116
16,180
2,301
5,558
-
1,843
3,043
10,562
3,306
418
558
2,284
868
482
-
63
2,527
942
171,636		 Expenditure
£
(2,134)
-
-
(479)
(2,613)
(126,224)
(128,837)
(5,926)
(98,694)
(12,116)
(24,028)
(2,726)
(5,638)
-
(490)
(2,935)
(10,791)
(3,306)
(418)
(558)
(1,549)
(1,448)
(257)
(350)
(593)
(3,327)
(403)
(175,553)		 Transfers
in/out
£
920
(551)
-
(2,546)
(2,177)
2,177
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Balance at
31 March
2024
£
106,474
318,681
40,000
375
465,530
35,153
500,683
-
10,399
-
1,955
70
77
254
1,380
5,888
1,792
-
-
-
735
45
1,305
1,000
-
-
4,927
29,827

Page 27

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

15. Statement of funds (continued)

Total of funds 542,342 292,558 (304,390) - 530,510

Page 28

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

16. Summary of funds

Summary of funds - current year

Designated funds
General funds
Restricted funds		 Balance at 1
April 2024
£
465,530
35,153
29,827
530,510
Balance at
1 April 2023
£
470,320
38,278
33,744
542,342		 Income
£
-
121,743
152,714
274,457
Income
£
-
120,922
171,636
292,558		 Expenditure
£
(2,605)
(122,230)
(157,183)
(282,018)
Expenditure
£
(2,613)
(126,224)
(175,553)
(304,390)		 Transfers
in/out
£
-
-
-
-
Transfers
in/out
£
(2,177)
2,177
-
-		 Balance at
31 March
2025
£
462,925
34,666
25,358
522,949
Balance at
31 March
2024
£
465,530
35,153
29,827
Summary of funds - prior year
Designated funds
General funds
Restricted funds
530,510

Purpose of restricted funds

Country support - general gifts restricted to that field Child sponsorship - support for children Feeding programme - to feed children at our schools UK fundraising - fundraising in the UK for emergency needs anywhere UK miscellaneous - specific gifts for UK needs

Purposes of designated funds

Fixed asset fund - relates to the tangible fixed assets as they are not free available reserves Revaluation reserve - relates to the difference between the market value of the property and historical cost

Europe-UK overhead provision - a fund of £40,000 set aside to cover any emergency overhead costs Legacies - substantial legacies are set aside until the trustees determine how they should be spent Approved projects - money set aside from the general fund for projects approved by the trustees Transfers from restricted funds to the general fund have been made with the donors' consent where the original intended use of the funds is no longer possible.

Page 29

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

17. Analysis of net assets between funds

Analysis of net assets between funds - current year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2025
£
422,925
74,666
-
497,591		 Restricted
funds
2025
£
-
41,927
(16,569)
25,358		 Total
funds
2025
£
422,925
116,593
(16,569)
522,949

Analysis of net assets between funds - prior year

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Unrestricted
funds
2024
£
425,155
75,528
-
500,683		 Restricted
funds
2024
£
-
47,045
(17,218)
29,827		 Total
funds
2024
£
425,155
122,573
(17,218)
530,510

18. Pension commitments

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £3,619 (2024 - £3,538). Contributions totalling £Nil (2024 - £Nil) were payable to the fund at the balance sheet date and are included in creditors.

Page 30

World in Need International

Notes to the Financial Statements For the Year Ended 31 March 2025

19. Related party transactions

During the year the charity made the following related party transactions:

Key management personnel

During the year donations received from key management personnel with conditions attached totalled £901 (2024 - £951). During the year donations received from key management personnel without any conditions totalled £Nil (2024 - £Nil). At the balance sheet date the amount due to/from Key management personnel was £Nil (2024 - £Nil).

Donations received from related parties of key management personnel with conditions attached totalled £1,670 (2024 - £1,284). Donations received from related parties of key management personnel without conditions attached totalled £5 (2024 - £Nil)

Trustee Donations

Donations received from trustees without conditions attached totalled £7,800 (2024 - £9,300) for the year. Other donations received from trustees with conditions totalled £14,196 (2024 - £18,670).

Donations received from related parties of the trustees with conditions attached totalled £10,517 (2024 - £9,656).

Daniel Rowe

(Trustee)

A monthly conditional donation of £900 commenced in November 2020 from Daniel Rowe. The purpose of the donation is to help provide funds for administration and will be made monthly up to July 2025 on the basis that Mrs Charlotte Sharp is employed by the charity. The Board Register of related interests and potential conflicts of interest has been updated to reflect this relationship and Daniel Rowe has agreed to withdraw himself from any decision making regarding this employee. At the balance sheet date the amount due to/from Daniel Rowe was £Nil (2024 - £Nil).

Page 31