**REGISTERED CHARITY NUMBER: 1129710** ## **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 31 March 2022** **for** **World Christian Fellowship (UK)** Elite Accountants 18 Village Way East Harrow HA2 7LU **World Christian Fellowship (UK)** ## **Contents of the Financial Statements for the Year Ended 31 March 2022** ||**Page**| |---|---| |**Report of the Trustees**|1 to 2| |**Statement of Financial Activities**|3| |**Balance Sheet**|4| |**Notes to the Financial Statements**|5 to 7| |**Detailed Statement of Financial Activities**|8| **World Christian Fellowship (UK)** ## **Report of the Trustees for the Year Ended 31 March 2022** The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** To advance the Christian faith in accordance with the statement of beliefs appearing in the schedule hereto in North Harrow, Middlesex and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the trust. To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom or the world as the trustees from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the trust. ## **Significant activities** The Charity continued to procure significant donations from donors in the sum of £47,952. ## **Public benefit** The trustees confirm their compliance with the duty to have regard to the Public Benefit guidance published by the Charity Commission when reviewing the Charity's aims and objectives in planning future activities. ## **Volunteers** During the period, the charity had 12 volunteers to help with the objectives of the Charity. ## **ACHIEVEMENT AND PERFORMANCE** ## **Internal and external factors** The trustees have made a full assessment of the internal and external factors that may affect these financial statements and do not deem any factors material enough to have an impact. ## **FINANCIAL REVIEW** ## **Financial position** The trustees consider that the performance of the charity this year has been most satisfactory. ## **Reserves policy** The charity does not maintain a reserve policy, as reserves are distributed when they become available, at the trustees' discretion. The present level of funding is adequate to support the continuation of its objects and the trustees consider the financial position of the charity to be satisfactory. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. The charity is controlled by its governing document, a deed of trust dated 8th February 2009 and constitutes an unincorporated charity. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1129710 Page 1 **World Christian Fellowship (UK)** ## **Report of the Trustees for the Year Ended 31 March 2022** ## **Principal address** 1 Graham Road Harrow Middlesex HA3 5RP ## **Trustees** Pastor Abraham David John John Mervyn William Watt Approved by order of the board of trustees on ............................................. and signed on its behalf by: ........................................................................ Pastor Abraham David John - Trustee Page 2 **World Christian Fellowship (UK)** ## **Statement of Financial Activities for the Year Ended 31 March 2022** ||31.3.22|31.3.21| |---|---|---| ||Unrestricted|Total| ||fund|funds| ||£|£| |**INCOME AND ENDOWMENTS FROM**||| |Donations and legacies|47,952|20,956| |**EXPENDITURE ON**||| |Other|42,926|12,936| |**NET INCOME**|5,026|8,020| |**RECONCILIATION OF FUNDS**||| |**Total funds brought forward**|(471)|(8,491)| |**TOTAL FUNDS CARRIED FORWARD**|4,555|(471)| The notes form part of these financial statements Page 3 **World Christian Fellowship (UK)** ## **Balance Sheet 31 March 2022** |||31.3.22|31.3.21| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**CURRENT ASSETS**|||| |Cash at bank||13,082|9,148| |**CREDITORS**|||| |Amounts falling due within one year|4|(8,056)|(9,619)| |**NET CURRENT ASSETS/(LIABILITIES)**||5,026|(471)| |**TOTAL ASSETS LESS CURRENT**|||| |**LIABILITIES**||5,026|(471)| |**NET ASSETS/(LIABILITIES)**||5,026|(471)| |**FUNDS**|5||| |Unrestricted funds||5,026|(471)| |**TOTAL FUNDS**||5,026|(471)| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. Pastor Abraham David John - Trustee The notes form part of these financial statements Page 4 **World Christian Fellowship (UK)** **Notes to the Financial Statements for the Year Ended 31 March 2022** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021. ## **3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ||Unrestricted| |---|---| ||fund| ||£| |**INCOME AND ENDOWMENTS FROM**|| |Donations and legacies|20,956| |**EXPENDITURE ON**|| |Other|12,936| |**NET INCOME**|8,020| Page 5 continued... **World Christian Fellowship (UK)** **Notes to the Financial Statements - continued for the Year Ended 31 March 2022** ## **3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued** ||||||Unrestricted| |---|---|---|---|---|---| ||||||fund| ||||||£| ||**RECONCILIATION OF FUNDS**||||| ||**Total funds brought forward**||||(8,491)| ||**TOTAL FUNDS CARRIED FORWARD**||||(471)| |**4.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE**|**YEAR**|||| |||||31.3.22|31.3.21| |||||£|£| ||Other creditors|||8,056|9,619| |**5.**|**MOVEMENT IN FUNDS**||||| |||||Net|| |||||movement|At| |||At|1/4/21|in funds|31/3/22| ||||£|£|£| ||**Unrestricted funds**||||| ||General fund||(471)|5,026|4,555| ||**TOTAL FUNDS**||(471)|5,026|4,555| ||Net movement in funds, included in the above are as follows:||||| |||Incoming||Resources|Movement| |||resources||expended|in funds| ||||£|£|£| ||**Unrestricted funds**||||| ||General fund|47,952||(42,926)|5,026| ||**TOTAL FUNDS**|47,952||(42,926)|5,026| ||**Comparatives for movement in funds**||||| |||||Net|| |||||movement|At| |||At|1/4/20|in funds|31/3/21| ||||£|£|£| ||**Unrestricted funds**||||| ||General fund|(8,491)||8,020|(471)| ||**TOTAL FUNDS**|(8,491)||8,020|(471)| Page 6 continued... **World Christian Fellowship (UK)** ## **Notes to the Financial Statements - continued for the Year Ended 31 March 2022** ## **5. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|20,956|(12,936)|8,020| |**TOTAL FUNDS**|20,956|(12,936)|8,020| A current year 12 months and prior year 12 months combined position is as follows: |||Net|| |---|---|---|---| |||movement|At| ||At 1/4/20|in funds|31/3/22| ||£|£|£| |**Unrestricted funds**|||| |General fund|(8,491)|13,046|4,555| |**TOTAL FUNDS**|(8,491)|13,046|4,555| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|68,908|(55,862)|13,046| |**TOTAL FUNDS**|68,908|(55,862)|13,046| ## **6. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2022. Page 7 **World Christian Fellowship (UK)** ## **Detailed Statement of Financial Activities for the Year Ended 31 March 2022** |**Detailed Statement of Financial Activities**
**for the Year Ended 31 March 2022**||| |---|---|---| ||31.3.22|31.3.21| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Donations|47,952|20,956| |**Total incoming resources**|47,952|20,956| |**EXPENDITURE**||| |**Support costs**||| |**Other**||| |Catering|-|140| |Preacher pay|4,928|1,150| |Rent - HWDFC|8,182|300| |Postage and stationery|346|288| |Gifts and donations|900|500| |Telephone|335|115| |Motor expenses|5,338|7,025| |Travel and entertainment|8,462|-| |Events|4,800|-| |Membership fees|825|860| |Accountancy|900|600| |Sundries|7,910|1,957| ||42,926|12,936| |Total resources expended|42,926|12,936| |**Net income**|5,026|8,020| This page does not form part of the statutory financial statements Page 8