## **WORD COMMUNCATION MINISTRIES**
## **ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2024**
Sensitivity: Internal
## **WORD COMMUNCATION MINISTRIES ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **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 2024 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**
Sensitivity: Internal
**WORD COMMUNCATION MINISTRIES**
# **REPORT OF THE HONORARY TREASURER FOR THE YEAR ENDED 31 DECEMBER 2024**
The Treasurer has pleasure in presenting the Annual Report and Audited Financial Statements for the year ended 31 December 2024
## **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 **£ 49,186.20**
## **TAXATION**
There was no provision for tax liability on the result for the year as the Association is a registered Charitable Organization.
Sensitivity: Internal
## **WORD COMMUNCATION MINISTRIES REPORT OF THE HONORARY TREASURER (CONTD.) FOR THE YEAR ENDED 31 DECEMBER 2024**
## **REVIEW**
The Account for the year ended 31 December 2024 shows an excess of expenditure over income of £ 2,580.67
## **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**
Sensitivity: Internal
## **WORD COMMUNICATION MINISTRIES STATEMENT OF FINANCIAL POSITION AS AT 31st DECEMBER 2024**
|**FIXED ASSETS**
**Notes**
Tangible Assets
1
**Current Assets:**
Debtors
Cash & Cash Equivalent
**Total Assets**
**Liabilites**
Loan
Creditor
**REPRESENTED BY**
Accumulated Fund b/f
Accumulated Fund c/f
**Add :**Surplus/(Defcit) of Income over expenditure|**2024**
**£**
**15,849.00**
2,251.91
**18,100.91**
**18,100.91**
2,624.19
2,172.64
**4,796.83**
15,884.75
(2,580.67)
**13,304.08**|**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**|
_x000D_# Sensitivity: Internal
## **WORD COMMUNICATION MINISTRIES STATEMENT OF COMPREHENSIVE INCOME FOR THE PERIOD ENDED 31st DECEMBER, 2024**
|**Notes**
**£**
**INCOME**
Collectons
2
**DEDUCT: EXPENDITURE**
Rent and Rates
42,000.00
Repairs & Maintenances
273.22
Statonery
175.59
Heatng
1,160.00
Bank Charges
98.20
Account Fees
150.00
Depreciaton
3,951.00
Electricity
2,736.84
Outreaches
440.00
Honorariums
200.00
Broadband & Telephone
582.00
Interest
0.02|**2024**
**£**
**£**
49,186.20
49,186.20
39,000.00
1,453.10
140.00
1,020.00
167.80
210.00
3,951.00
720.00
2,066.00
450.00
582.00
51,766.87 2.70
(2,580.67)|
|---|---|
_x000D_# Sensitivity: Internal
**WORD COMMUNICATION M NOTES TO THE ACCO FOR THE YEAR ENDED 31 DEC**
|**2023**
**1**
**£**
48,996.00
48,996.00
49,762.60
(766.60)|**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 2024
Balance as at 31st December 2023||**FURNITURE**
**& FITTINGS**
**£**
12,010.00|
|---|---|---|---|
||||**12,010.00**|
|||
|3,210.00
1,201.00|
||||**4,411.00**|
||||**7,599.00**|
||||**8,800.00**|
_x000D_# Sensitivity: Internal
**MINISTRIES UNT CEMBER 2024**
**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**
16225.00|**COLLECTIONS**
Donatons & Collectons
Mission Support
**Creditors**
Rev Mrs|
|---|---|---|---|
||**24,015.00**|||
||13015.00|||
**24,015.00 36,025.00** 13,015.00 16,225.00 2,750.00 3,951.00 **15,765.00 20,176.00 8,250.00 15,849.00 11,000.00 19,800.00**
_x000D_# Sensitivity: Internal
**N MINISTRIES COUNT**
## **DECEMBER 2024**
|**2024**|**2023**|
|---|---|
|**£**|**£**|
|44,350.80|40,520.00|
|4,835.40|8,476.00|
|49,186.20|48,996.00|
|**2024**|**2024**|
|**£**|**£**|
|2,172.64|1,908.93|
|2,172.64|1,908.93|
_x000D_# Sensitivity: Internal
## **Independent examiner's report on the accounts**
**Section A Independent Examiner’s Report**
|**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**
**Responsibilities and**
**basis of report**|Charity Name
WORD COMMUNICATION MINISTRIES|Charity Name
WORD COMMUNICATION MINISTRIES|Charity Name
WORD COMMUNICATION MINISTRIES|
|---|---|---|---|
|||||
||2024|**Charity no**
**(if any)**|1063649|
|||||
||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 / 2024**.
As the charity's trustees, 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 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