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2023-12-31-accounts

WORD COMMUNCATION MINISTRIES

ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

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WORD COMMUNCATION MINISTRIES ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023

CERTIFICATE OF APPROVAL

We hereby certify that to the best of our knowledge and belief that the accounting records hereby submitted constitute a true and correct record of all the transactions of the business of WORD COMMUNICATIION MINISTRIES for the year ended 31 December 2023 and we confirm that it has our approval.

TRUSTEES

MR. MATTHEW SAMUELS Matthew Samuels DATE 29/05/2026 MISS OLUWATOMINI POPOOLA T.Popoola DATE 29/05/2026 MISS CHANTELLE BVUTE C.Bvute DATE 29/05/2026

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WORD COMMUNCATION MINISTRIES REPORT OF THE HONORARY TREASURER FOR THE YEAR ENDED 31 DECEMBER 2023

The Treasurer has pleasure in presenting the Annual Report and Audited Financial Statements for the year ended 31 December 2023

PRINCIPAL ACTIVITIES

The Organization had limited activities during the year being reported.

We however maintained our building which was used by other organizations as a place of meetings and community programs.

DONATIONS AND CONTRIBUTIONS OF PARTNERS

The contribution through the year was £ 48,996

TAXATION

There was no provision for tax liability on the result for the year as the Association is a registered Charitable Organization.

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WORD COMMUNCATION MINISTRIES REPORT OF THE HONORARY TREASURER (CONTD.) FOR THE YEAR ENDED 31 DECEMBER 2023

REVIEW

The Account for the year ended 31 December 2023 shows an excess of expenditure over income of £ 766.60

APPOINTMENTS AND OFFICERS WHO SERVED

The officers of the Organization that served during the year are as follows:

Rev. Sunday Popoola

Mrs. Veronica. O. Popoola

Trustees

Mr. Matthew Samuels

Ms. Oluwatomini Popoola

Ms. Chantelle Bvute

BY ORDER OF THE HONORARY TREASURER

DATE

DOROTHY ARTHUR 29/05/2026

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WORD COMMUNICATION MINISTRIES STATEMENT OF FINANCIAL POSITION AS AT 31st DECEMBER 2023

FIXED ASSETS Notes Tangible Assets 1 Current Assets: Debtors Cash & Cash Equivalent Total Assets Liabilites Loan Creditor REPRESENTED BY Accumulated Fund b/f Capital Fund contrubuton Accumulated Fund c/f Add :Surplus/(Defcit) of Income over expenditure	2023 £ 19,800.00 2,236.31 22,036.31 22,036.31 4,242.63 1,908.93 6,151.56 16,651.35 - (766.60) 15,884.75	2022 £ 23,751.00 20.07
		23,771.07
		23,771.07
		5,861.07 1,258.65
		7,119.72
		1,023.58 18,142.29 (2,514.52)
		16,651.35

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WORD COMMUNICATION MINISTRIES STATEMENT OF COMPREHENSIVE INCOME FOR THE PERIOD ENDED 31st DECEMBER, 2023

Notes £ INCOME Collectons 2 DEDUCT: EXPENDITURE Rent and Rates 39,000.00 Repairs & Maintenances 1,453.10 Statonery 140.00 Heatng 1,020.00 Bank Charges 167.80 Account Fees 210.00 Depreciaton 3,951.00 Electricity 720.00 Outreaches 2,066.00 Honorariums 450.00 Broadband & Telephone 582.00 Interest 2.70	2023 £ £ 48,996.00 48,996.00 36,234.70 532.80 828.00 790.00 151.80 210.00 3,951.00 1,145.00 - - 182.22 (49,762.60)3.57
	(766.60)

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WORD COMMUNICATION M NOTES TO THE ACCO FOR THE YEAR ENDED 31 DEC

2022 1 £ 41,514.57 41,514.57 (44,029.09) (2,514.52)	FIXED ASSET Cost Balance at 1 January Additon during the year Acc: Depreciaton Balance as at 1 January Charges for the year Carrying Amount Balance as at 31st December 2023 Balance as at 31st December 2022		FURNITURE & FITTINGS £ 12,010.00 -
			12,010.00
			2,009.00 1,201.00
			3,210.00
			8,800.00
			10,001.00

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MINISTRIES UNT CEMBER 2023

WORD COMMUNICATION NOTES TO THE ACC FOR THE YEAR ENDED 31 D

	OFFICE EQUIPMENT £ 24,015.00	TOTAL 2 £ 36,025.00 36,025.00 3 12274.00	COLLECTIONS Donatons & Collectons Mission Support Creditors Rev Mrs
	24,015.00
	10265.00

24,015.00 36,025.00 10,265.00 12,274.00 2,750.00 3,951.00 13,015.00 16,225.00 11,000.00 19,800.00 13,750.00 23,751.00

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N MINISTRIES COUNT

DECEMBER 2023

2023	2022
£	£
40,520.00	39,300.00
8,476.00	2,214.57
48,996.00	41,514.57
2023	2022
£	£
1,908.93	1,258.65
1,908.93	1,258.65

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Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name WORD COMMUNICATION MINISTRIES members of On accounts for the year 2023 Charity no 1063649 ended (if any) Set out on pages 1 & 2 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 12 / 2023 . Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

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

Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

the accounting records were not kept in accordance with section 130 of the Charities Act; or
the accounts did not accord with the accounting records; or
the accounts did 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.

Please delete the words in the brackets if they do not apply.

Signed:[R.Ajagbe ] Date: 02/06/2026 Name: Raphael Ajagbe Relevant professional CFA Institute qualification(s) or body (if any): Address: 1b Azare Cres, Apapa 102272, Lagos

1

IER

Information Classification: General

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

2

IER

Information Classification: General