**Wisdom House International Investing In Lives – Making A Difference Charity Number 1051460 168 High Road, Chadwell Health, Romford, Essex, RM6 6LU www.wcc.co.com Email: info@WHORG.ORG Tel/Fax: 020 85973990** 

Trustees’ Annual Report 2021 to 2022 

Prepared for: 

Charity Commission 

PO Box 1329 Liverpool L69 3DY 

## **Aim and Developments** 



It is by the mercy of God that we all at Wisdom House survived the  pandemic  which  ravaged  the  world  at  large.  No doubt many  nations  and  people  were  negatively  impacted  by  the pandemic but through the help of God we were able to turn the  global  ugly  incident  around  through  various  projects geared essentially to support the local community, the vulnerable people, adults and children alike. 

At Wisdom House what we wanted to experience is real and enduring change in the way we deliver our services to the community we serve; so it’s being a pleasure to have seen enormous changes cum challenges in our modus operandi in the  last  twelve  months  despite  the  interruption  caused  by Covid-19 which impacted on our normal delivery of services as the centre officially shut down intermittently since the 18th of March 2020; it was such a painful experience as some of our service users were victims of Covid-19. The good news is that the centre has now been fully reopened engaging with our service users thereby investing in lives, making a difference. 

Being full of energy for the New Year we were able to continue the  programme  of  ambitious  change  started  more  than  six years ago. Through the help of the Almighty God we were able to  make  terrific  progress  on  our  commitment  to  achieve breakthroughs  in  all  areas  of  our  ministry  operations  most especially on the provision of community services working with some clients from Redbridge council through the help of social work students on placement with our organisation. 



Our social work students on placement, our team of volunteers in-house  as  well  as  wisdom  house  permanent  staff  worked really well under pressure due to the pandemic outbreak as we had to work remotely; the process was not that easy because most of our service users are not used to technology but had to adapt one way or the other. 

We were able to do more in this reporting year because of the £10,000 grant we received from community lottery fund/grant. The grant made a huge difference as we were able to employ additional staff to help with the various projects we embarked on. 

## **New Stuf** 

In this current reporting year (2021/2022), we were able to work  with  the  following  Universities  1)  Essex  University, London  South  Bank  University:  They  sent  us  social  work students  both  BSC  and  MSC  students  for  70  days  and  1 student on 100 days placement. 

Wisdom House College which was approved on the 5th January 2017 is slowly picking up but there is more work to be done to make  it  viable  as  lack  of  student  finance  approval  for  the centre is hindering rapid growth of the institution. 

## IMPACT PROJECT 

I believe there is a very clear conviction that these breakthroughs  are  not only possible but that the  avoidable hardship of people who access our services abroad through our Wisdom House Global Mission  is simply  no longer acceptable. 



The pandemic had in a way helped us to intensify our efforts to support our service users and the community more than the previous  years  in  providing  food  through  our  food  bank project,  thanks  to  Aldi  and  Lidl  working  in partnership  for making the project a reality through constant supply of surplus to the needy in the community. 

All this requires us to become even more effective, efficient and  flexible  in  approach  by  creating  long-term,  sustainable solutions in supporting people who needed our services. 

This reporting year (2021/2022), we were able to support a number of people financially and otherwise in United Kingdom, Kenya and Nigeria and Sri Lanka the support we gave around the world has since intensified in the last 36 months, all glory to God. 

In the last 24 months Wisdom House has spread to Sri Lanka and we are trusting God for more branches to spread across the world. Sri Lanka faced severe weather/flooding in 2021 and  we  had  to  come  to  their  rescue  by  supporting  them financially though not a lot, we desire to do more but somehow handicapped due to limitation of financial resource. 

Fortunately, we have increasing levels of sophistication, expertise, awareness and support; our commitment to effecting  real  change  for  all  our  partners  worldwide  is unwavering. 



Without  gainsaying,  last  year’s  progress  provides  a  strong platform  from  which to push forward  and  meet  even more ambitious targets. The college had more courses approved by the awarding body but students’ enrolment was in decline due to  COVID-19  and  the  fact  that  our  centre  has  not  been approved for student finance; this scenario has had negative impact on our operation at the college. 

We are confident that our greatest achievements lie ahead. I believe we can continue to build this momentum and garner even wider support to achieve real and enduring changes in the delivery of our services to the wider world most especially through our print media, face book, YouTube and other social media. 

The Timeless Wisdom weekly broadcast has stopped completely for now as we are looking into the possibility of using other cheap social media platforms available to us, this is  in  a  bid  to  save  money  and  use  the  Kingdom  of  God resources more prudently. 

HRMC, reclaim programme has really helped us tremendously to further reach out to more people. Every little helps. HMRC has been of a tremendous help financially through the charity claim scheme and furlough, too; though furlough has stopped but support from our donors through tithes and offerings has enable us to continue to make a difference in peoples’ lives around the world. 

We  are  glad  to  submit  all  required  documents  before  the deadline  set by Charity Commission. We are  confident that 



year 2022/2023 will be a far better year in our organisation than the previous year as Covid-19 brought so much disruption to our services since 2020 

## **APPRECIATION** 

We are grateful to our Staff, Volunteers, Partners, Institutions and  agencies  with  whom  we  worked  together  to  achieve change and who made what we do possible. Working together with  all  the  Universities,  Barking  and  Dagenham  Borough, Redbridge  council,  CVS,  Metropolitan  Police,  Barking  and Dagenham has been a plus as this partnership gave us more opportunity to further impact lives, we have our base in LBBD. This  reporting  year  we  were  able  to  work  with  Waltham International  College  too  as  we  were  part  of  their  various business workshops and seminars. 

## **FUTURE AMBITIONS** 

We hope to resume our television ministry in due course. The television ministry reaches millions of people weekly which makes our ministry to be without walls. 

We  also  hope  to  start  an  internet  television  station  soon, hopefully in the foreseeable future. 

It’s our strongest desire to continue to invest in Lives thereby making a Difference in the world of duplicates. 

Our  Theme  in  this  ministry  in  year 2022  is:  VICTORY EXPLOSION and A DECADE OF THE SUPERNATURAL. God has been faithful. 



Trustees for Wisdom House

## **WISDOM HOUSE** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2022** 

|**INCOMING RESOURCES**<br>INCOME<br>**RESOURCES EXPENDED**<br>DIRECT CHARITABLE EXPENDITURE<br>MANAGEMENT & ADMINISTRATION<br>FUNDRAISING & PUBLICITY<br>**TOTAL RESOURCES EXPENDED**<br>**NET INCOMING / (OUTGOING RESOURCES)**<br>**FUND BALANCES B/F**<br>**FUND BALANCES C/F**|**2022**<br>**NOTE**<br>£<br>**141,153**<br>**2022**<br>£<br>115,135<br>**1**<br>40,505<br>**2**<br>1,186<br>**3**<br>**156,825**<br>**-15,672**<br>**72,858**<br>**57,186**|**2021**<br>£<br>**121,732**|
|---|---|---|
|||**2021**<br>£<br>85,935<br>32,458<br>1,023|
|||**119,417**|
|||**2,314**<br>**70,544**<br>**72,858**|





## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WISDOM HOUSE** 

I report on the accounts of Wisdom House for the year ended 31st March 2022, which are set out below: 

## **Responsibilities and basis of report** 

As the charity trustees of Wisdom House you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). 

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

## **Independent examiner’s statement** 

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

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

## 2. the accounts do not accord with those records. 

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 or a proper understanding of the accounts to be reached. 

Signed: O T Owoseni-Lawal 

Name: Olanrewaju Temitayo Owoseni-Lawal 

Relevant professional qualification or membership of professional bodies (if any): ACCA Address: 2 Crome Close, Wellingborough NN8 4SW Date: 13 September 2022