## **THE WORD OF GOD MINISTRY** ## **FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31[st] JANUARY 2025** **CHARITY NUMBER: 1126319** **THE WORD OF GOD MINISTRY 194 MADDISON HOUSE 226 HIGH STREET CROYDON CR9 1DF** **INDEX Page Legal & Administrative Details 1 Trustee’s Report 2-3 Independent Examiner’s Report 4 Statement of Financial Activities 5 Balance Sheet 6 Notes on the financial Statements 7 - 11** ## **THE WORD OF GOD MINISTRY** ## **LEGAL & ADMINISTRATIVE DETAILS YEAR ENDED 31[ST] JANUARY 2025** ## **ADDRESS FOR CORRESPONDENCE** 194 MADDISON AVENUE 226 HIGH STREET CROYDON CR9 1DF **REGISTERED CHARITY NUMBER** 1126319 **GOVERNING DOCUMENT** MEMORANDUM AND ARTICLES OF ASSOCIATION 4[th] MARCH 2002 REVISED 11[TH] OCTOBER 2008 ## **TRUSTEES/ DIRECTORS** Mr ERNEST ADISI Mr FRANK AKWASI ANTWI ## **PRINCIPAL BANKERS** BARCLAYS BANK 1 NORTH END CROYDON CR9 1SX ## **INDEPENDENT EXAMINER** FRESH FIRE ORGANISATION GENERATOR BUSINESS CENTRE 95 MILES ROAD MITCHAM CR4 3FH **1** ## **THE WORD OF GOD MINISTRY** # **TRUSTEES’ REPORT YEAR ENDED 31[ST] JANUARY 2025** The trustees are pleased to present their report for the year ended 31[st] January 2025 for the charity, The Word of God Ministry with charity number 1126319. The Trustees of the charity are: Mr Ernest A Adisi Mr Akwasi Frank Antwi The principal address of the charity is : 194 Maddison house 226 High Street Croydon CR9 1DF ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The Charity governing document is a Memorandum and Articles of Association that was incorporated 4[th] June 2002 and revised 11[th] October 2008.The Charity is governed by a board on which the trustees are represented. It meets regularly to review, plan activities and monitor the financial position. ## **OBJECTIVES AND ACTIVITIES** The Objects of the organisation are first to propagate the Christian gospel, to relieve, poverty, sickness and distress of those in Great Britain and in under privileged countries as the trustees may think fit from time to time and to advance education. The trustees confirm that they have had due regard to the guidance issued by the Charity Commission on public benefit before deciding what activities the charity should undertake. ## **ACHIEVMENTS AND PERFORMANCE** The Organisation continues to hold successful meetings through the year in which individuals were equipped and educated on the principles and doctrines of the Christian faith. The organisation held a Christian retreat event and various teaching programs during the year in which individuals came from all around the community to attend. This has produced good results in reaching and helping members of the community. The organisation also has an office that it uses during the week for counselling, prayer support and administrative functions. The organisation also renovated the place of worship that it is currently using for its services. **2** ## **FINANCIAL REVIEW** The income of the charity is above £113,000. This is a good amount for this year of the charity the costs have been well managed over this period. The organisation is still in a good position to manage its costs. . ## **RESERVE POLICY** It is the policy of the Charity to maintain unrestricted funds, which are the reserves of the charity at about 3 months of unrestricted expenditure.This provides sufficient funds to cover any emergency expenditures that may arise from time to time. The charity will seek to maintain this level throughout the year. ## **RISK MANAGEMENT** The charity have assessed all the major risks to which the charity is exposed to, in particular those related to operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to major risks. ## **TRUSTEE RESPONSIBILITIES** Under the Charities Act 2011, the trustees are required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of the church. They are required to: 1. Select suitable accounting policies and apply them consistently. 2. Make judgements and estimates that are reasonable and prudent. 3. State whether the applicable accounting standards have been followed. 4. Prepare financial statements on an ongoing basis. They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the church at any time and to ensure that such accounts comply with the Charities Act 2011.They also have a responsibility to safeguard the assets of the church and to take reasonable steps to detect fraud or other irregularities. Approved by the Trustees on 26[th] November 2025 and signed on their behalf by: _____________________________________________ **3** Independent Examiner’s Report To the Trustees ## **THE WORD OF GOD MINISTRY** I report on the accounts of the church for the year ended 31[st ] January 2025 set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages. ## **Respective responsibilities of trustees and examiner** The trustees of the church are responsible for the preparation of accounts: they consider that the audit requirement under section 144(2) of the Charities Act 2011 (the 2011 Act),does not apply. It is my responsibility to : - Examine the accounts under section 145 of the 2011 Act. - Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 145(5)(b) of the 2011 Act. - State whether particular matters have come to my attention. ## **Basis of Independent examiner’s report** My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the church and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. ## **Independent examiner’s statement** In the course of my examination, no matter has come to my attention; - (1) which gives me reasonable cause to believe that, in any material aspect, the trustees have not met the requirements to ensure that: - proper accounting records are kept( in accordance with section 130 of the 2011 Act - accounts are prepared which agree with the accounting records and comply with the accounting requirements of the 2011 Act: or - (2) to which , in my opinion , attention should be drawn in order to enable a proper understanding of the accounts to be reached. Chuks Ajuka BSc(Man), FICB PMDip FRESH FIRE ORGANISATION Unit 5 Generator Business Centre 95 Miles road Mitcham Surrey CR4 3FH **4** ## **THE WORD OF GOD MINISTRY** ## **Statement of Financial Activities for the year ended 31st January 2025** ||**Unrestricted**|**Unrestricted**|**Unrestricted**|**Total Funds**|**Total Funds**| |---|---|---|---|---|---| ||**Funds**|||**2025**|**2024**| |**Incoming Resources**Note|**£**|||**£**|**£**| |**from generated funds**|||||| |Donations and legacies|**2**|86410||86410|101591| |Investment income|**3**|0||0|0| ||_________
**_________**
**__________________**||||| |||86410||86410|101591| |_Other Income_|||||| |Other income||26598||26598|35021| ||__________________|||__________________|| |**Total Incoming**||113008||113008|136612| |**Resources**|||||| ||__________________|||__________________|| |**Resources Expended**|||||| |**Charitable activities in furtherance of objectives**|||||| |**Charitable Activities**|**6**|116,290||116,290|136754| |**Other**|**4**|15500||15500|17500| ||_____________________________________||||| |**Total Resources**||131,790||131,790|154254| |**Expended**|_____________________________________||||| |**Net movement in funds**||**-18,782**||-18,782|-17642| |**Reconciliation of Funds**|||||| |Total Funds brought forward||91997||91997|109639| |**Total Funds carried forward**||**73,215**||**73,215**|91997| The above funds are all classed as to purpose All movements of funds and all recognised gains and losses are included above. The notes on the accounts form part of these accounts. **5** ## **THE WORD OF GOD MINISTRY Balance Sheet as at 31st January 2025** |**Note**
**2025**
**Fixed Assets**
**£**
Tangible fixed assets
**5**
43230
_________
43230
_________
**Current Assets**
Cash at bank and
10813
in hand
Debtors & prepayments
19952
30765
**Creditors:amounts falling due within one year**
Creditors & accruals
**8**
780
_________
**Net Current Assets**
29985
_________
**Net Assets**
73215
**Unrestricted Funds**
73215
_________
**TOTAL FUNDS**
**73215**
_________|**2024**
48826
| |---|---| ||_________
48826
| ||_________
24753
19198| ||43951
780
| ||_________
43171
| ||_________
91997
91997
| ||_________
**91997**
_________| Approved by the trustees on 26th November 2025 and signed on their behalf by : ____________________________________ The notes on these accounts form part of these accounts **6** ## **THE WORD OF GOD MINISTRY** ## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] JANUARY 2025** ## **1.1 Basis of Accounting** These accounts have been prepared under the historic cost convention with items Recognised at cost or transaction values otherwise stated in the relevant note(s) to These accounts. The accounts have been prepared in accordance with: The Statement of Recommended Practice: Accounting and Reporting by Charities Preparing their accounts in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014. 1.2 **Going Concern:** The accounts are prepared on a going concern basis. 1.3 The accounts present a true and fair view and no change have been made to the accounting policies adopted. 1.4 No changes to the accounting estimates have occurred in the reporting period - 1.5 No material prior year error have been identified in the reporting period. ## _Recognition of Income_ These are included in the Statement of Financial Activities (SOFA) when: - The charity becomes entitled to resources; - It is more likely than not that the trustees will receive the resources; - The monetary value can be measured with sufficient reliability. ## _Grants and Donations_ Grants and Donations are only included in the SOFA when the general income recognition criteria are met (5.10 to 512 FRS102 SORP) ## _Tax reclaim on donations and gifts_ Gift Aid receivable is included in the income when there is a valid declaration from the donor. Any gift aid amount recovered on a donation is considered to be part of that gift and is treated in addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. ## **EXPENDITURE AND LIABILITIES** ## _Liability Recognition_ Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. _Grants and Support Costs_ Support costs have been allocated between the governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. **7** ## **THE WORD OF GOD MINISTRY NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] JANUARY 2025** _Creditors_ The charity has creditors which are measured at settlement amounts less any trade discounts. ## **ASSETS** _Tangible Fixed Assets for use by the charity_ They are capitalised if they can be used for more than one year. They are valued at cost. The depreciation is calculated at 20% reducing balance method. ## _Debtors_ Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash. . **8** ## **THE WORD OF GOD MINISTRY Notes to the accounts for year ended 31st January 2025** ## **Donations and Legacies** |Church collections
Tithes and Offerings
Total
**Investment income**
Bank Interest
**Other**
Missions
Speakers expenses
Total
**Tangible Fixed Assets**
**Cost**
At 01/02/2024
Additions
At 31/01/2025
**Depreciation**
At 01/02/2024
charge for the year
At 31/01/2025
**NBV at 31/01/25**
NBV at 01/02/24|Unrestricted
Total funds
Funds
2025
2024
£
£
£
86410
86410
101591
___________________________
86410
86410
101591
___________________________
Unrestricted
Total funds
Funds £
2025/£
2024/£
0
0
0
amount £/2025
£/2024
0
5000
15500
12500
___________________________
15500
17500
___________________________
Land
Instrument Vehicles
Equipment Fixtues
Total
£
**£**
**£**
**£**
**£**
**£**
21000
24203
47378
16147
3911
112639
0
0
0
0
0
0|Unrestricted
Total funds
Funds
2025
2024
£
£
£
86410
86410
101591
___________________________
86410
86410
101591
___________________________
Unrestricted
Total funds
Funds £
2025/£
2024/£
0
0
0
amount £/2025
£/2024
0
5000
15500
12500
___________________________
15500
17500
___________________________
Land
Instrument Vehicles
Equipment Fixtues
Total
£
**£**
**£**
**£**
**£**
**£**
21000
24203
47378
16147
3911
112639
0
0
0
0
0
0| |---|---|---| ||21000
0
0|24203
47378
16147
3911
112639
13423
34592
12209
3589
63813
2156
2557
787
96
5596| ||0
21000
21000|15579
37149
12996
3685
69409
8624
10229
3151
226
43230
10780
12786
3938
322
48826| **9** ## **THE WORD OF GOD MINISTRY** ## **Notes to the Accounts for the year ended 31st January 2025** ## **6 Charitable Activities** |**Charitable Activities**|| |---|---| |Hall Hire
Mission House Rent
Wages
Ministers expenses
Light & Heat
Insurance
Fuel
Web hosting
Subscriptions
Hospitality
Depreciation
Admin
Accounting services
Welfare
Stationery & Printing
Pension
Professional fees
Telephone
Renovation & Repairs
Vehicle expenses
Retreat expenses
Rates
Bank charges
Travel
Stationary
Special events
Mission house expenses
TAX/NI
Total|**2025/£**
**2024/£**
8145
7820
31500
45900
18430
15358
0
0
3900
4100
1500
315
6600
5700
0
0
13
13
5100
0
5596
6955
0
0
1020
1354
2500
18800
0
200
9520
3360
2666
3537
1800
1260
500
0
1900
0
0
0
4800
5275
0
0
0
0
0
0
7000
10000
0
2300
3800
4507
| ||__________________
116290
136754
__________________| **10** ## **THE WORD OF GOD MINISTRY** ## **Notes to the Accounts for year ended 31st January 2025** ## **Trustee Remuneration and Related parties** No Trustee was paid remuneration for any services or activity during the financial year. There was 1 employee during the financial year. No employee eaned more than £20,000 in the year. |**8 Credtors: amounts falling due within one year**
Independent examination
**Total**
**9 Debtors and Prepayments**
Tax recoverable
Debtors|2025/£
2024/£
780
780| |---|---| ||__________________
780
780
2025/£
2024/£
19952
19198
0
0| ||19952
19198| **11**