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||**Page**|
|---|---|
|Administrative information||
|Trustees' report|1|
|Statementoffinanc,a\ Activ\t\es|2-3|
|Sa\ancesheet|5|
|'Notestothe Financial Statements<br>(inclusive-ofdetai\ed lncome & Expenditure)|6<br>7 - \12|





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|**WORD**FOUNTAIN**CHRISTIAN MINISTRIES**||||
|---|---|---|---|
|Profit and**Losa**Account||||
|for**the year ended31October 2023**||||
||**Note•**|**2023**|**2022**|
|||£|£|
|lncol'nt(Tithes, Offering&**donationa)**||89,488|78,968|
|Costof sales||(4,766)||
|**Gron,profit**||84,722|78,968|
|Administrativeexpenses||74,612|78760|
|**Operatingprofit**|_2_|10,110|208|
|||10,110|208|
|Interest receivable||225|26|
|**Profitonordinary activities before taxation**||10,335|234|
|Taxonprofrtonordinary activities||||





|WORD FOUNTAIN CHRISTIAN|MINISTRIES|MINISTRIES||||
|---|---|---|---|---|---|
|Balance Sheet||||||
|asat31October2023||||||
||Notes||2023||2022|
|||£|£|£|£|
|Tanglblefl'dd**asa•ta**|||8,926||11,997|
||||8,926||11,997|
|Curirent assets||||||
|Debtors||898||6,598||
|Cash at bank andinhand||158,959||139,853||
|||159,857||146,451||
|CrecHt01'$:amountsfallingdue||||||
|withinoneyear|5|400||400||
|Netcurrentassets|||159,457||146,051|
|**Total assetsless**current**liabilities**|||168,383||158,048|
|**Netassets**|||'168,383||158,048|
|**Unrestricted Funds**||||||
|**Restricted**Funds|5||92,755||92,904|
|Unrestricted Funds|5||75,628||65,144|
|**Restrictedand Unrestricted Funds c/fwd.**|||168,383||158,048|





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|WORDFOUNTAINCHRISTIANMINIS|TRIES|||||
|---|---|---|---|---|---|
|StatementofFinancial**Activities**||||||
|for theyear**ended**31October2023||||||
|||||2023|2022|
|||||Total|Total|
|||Unrestricted|Restricted|Fund|Fund|
|lncomt**Resource•**|**Ngt11**|£:|£|'|'|
|Tithes, offerings-andthanksgiving|6.1|62,221|0|**62,221**|52,106|
|BuildingFund|||773|773|6,226|
|Grants&donations||10,435||10,435|5,636|
|Others<br>**Bank**~nterest||16,059<br>225||16,059<br>225|15,000<br>26|
|**Total**Income**Resources**||88,940|773|**89?13**|**78z994**|
|**ResourcesExpended**||||||
|Support costsofactivitiesin||||||
|furtherance of the charity's objects|6.2|28,007||28,007|22,506|
|Management & Administration||||||
|ofCharity|6.3|50,449|922|51,371|56,254|
|**Total IncomeExpended**||78,456|922|79,378||
|**Net incoming/(outgoing) resources**||10,484|(149)|10,335|234|
|**Net Movements**in Funds||10,484|(149)|10,335|234|
|fund**balances**b/fwd||65,144|92,904|158,048|157,814|





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|**Tangible fixed.assets**|||||
|---|---|---|---|---|
||**Computer,**&|**Musical**|**Furniture**&||
|**Cc>9t**|**equipment**<br>£|**equipments**<br>£|**fittings**<br>£|**Total**<br>£|
|At 1 November2022<br>**.Additions**|1,192<br>0|26,783|19,325|47,300|
|Ata1October2023|1,192|26,783|-<br>--<br>19,325|47,300|
|**,Depreclatlon**|||||
|At·1November2022<br>**Charg,**for**theyear**<br>At31Octobor2023|952<br>150<br>1,102|21,768<br>989<br>22,757|12,583<br>1,932<br>14,515|35,303<br>3,071<br>38,374|
|**Netbookvalue**|||||
|At31October2023<br>At31October2021|90<br>240|4,026<br>5,015|4,810<br>6,742|8,926<br>11,997|








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|6|**DetaUMIIncomeandExpenditure**Account|||||
|---|---|---|---|---|---|
||for**theyearended31October2023**|||**2023**|**2022**|
|||Unrestricted|Restricted|Totalfund|Totalfund|
|6.1|**INCOMINGtt!$0URC-ES**<br>T,ithes,offering snd thanksgMng|'<br>62,221|t<br>773|'<br>62,221<br>773|'<br>52,106<br>6,226|
||8ui1dmQ<br>**Gift~id**<br>Otherlnoome|10,435<br>16,059<br>225||10,435<br>16,059<br>225|5,636<br>15,000<br>26|
||Sank interest received<br>**tsOUJ1ncOmtn9R~rce•**|**88,940**|773|**89,713**|**78,994**|
||**OllfCOINGRESOURCES**|||||
|'6..2|**Support,costsofactivities**In**furtherance**of|||||
||..<br>**Charity,~jects:**|||||
||Honorarium|||||
||**Donations**&**Welfare**|||||
||**P.urdlases**<br>Ctidren,youth<br>Harvest.Events|4,766<br>7,574<br>5,706||4,766<br>7,574<br>5,706|5,266<br>9,505|
||Printing,l)uSlage& stationery|2,032||2,032|1,589|
||Otherdirecteasts|||||
||**Charity**& donations|1,565||1,565|2,295|
||EvaiagelicaJ/outreachmaterials|4,732||4,732|602|
||Books, DVDetc|||||
||**Members•welfare**and training|1,632||1,632|3,249|
|||**28,007**||**28,007**|**22,,506**|
|6..3|Maoagemant::and AdministrationofCharity:|||||
||**Rentof**Church hall|40,296||40,296|39,740|
||**Bankchaf'985**|60||60||
||**Subscription**&Dues|1,326||1,326|<br>1,263|
||T-raining&**seminar**|||0|<br>4,775|
||**Insurance**|468||468|<br>457|
||**Ught&heat**|2,555||2,555|<br>5,634|
||**Repairs**&**maintenance**||922|922||
||Sundry**iexpttntet**|2,273||2,273|407|
||Accountancyfees|400||400|400|
||**Professionaland**other**legal**fee6|||0|419|
||Depreciation**charge**|3,071||3,071|3,159|
|||**50!449**|**922**|**51,371**|**56,254**|








|**WORDFOUNTAINCHRISTIANMINISTRIES**|||
|---|---|---|
|**ScheduletotheProfitandLo••Account**|||
|**fortheyearended31October2023**|||
|_fortheinformationofthed;rectors only_|**2023**|**2022**|
||£|£|
|**tncom•**|||
|lithes, offerings & thanksgiving|89.488|78,968|
|1ncome(Tithes, Offering & donations)|89,488|78,968|
|**Costofsates**|||
|Purchases|||
||4 766||
|**Administrativeexpenses**|||
|Employee costs:|||
|Training||4,775|
|Members' welfare<br>Charity donation & gift|1,632<br>1,565|3,249<br>2,295|
|Premises costs:|3,197|10,319|
|Rent<br>Light & Heating|40,296<br>2,555|39,740<br>5,634|
|General administrative expenses:|42,851|45,374|
|Harvest, Events<br>Stationery and printing<br>Books and other recording materials|5,706<br>2,032|9,505<br>1,589|
|Evangelical materials & Christian Literatures<br>Bank charges<br>Children ,youths<br>Subscription & Dues<br>Repairs&...maintenance<br>Depreciation<br>Insurance<br>Sundry expenses|4,732<br>60<br>7,574<br>1,326<br>922<br>3,071<br>468<br>2,273|602<br>5,266<br>1,263<br>3,159<br>457<br>407|
|Legal and professional costs:|28,164|22,248|
|Accountancy fees<br>Other legal and professional|400|400|
|||419|
||400|819|