WORLD OF HOPE IA COMPANY LIMITED BY GUARANTEEI FINANCIAL 8TATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 21)20 CONTEKrs Company Infornxoon Report of DlreGtOT¥ITTUlte85 Independert Ex•mIrn Rwt Balanc? 8h*t 10 Ncth to the A¢¢ounls 11
WORLD OF HOPE (A COMPANY LIMITED BY GUARANTEE) FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2020 ADMINISTRATIVEILEGAL INFORIA4TION REGISTrATION AlLs.. WORLD HOPE an irKorwxated o[glSab0n as a Ilmthj byguarantse in Engd arNJ WaJes- CThnpany Number. I085021 GOVERNING C(XUNENT WORLD CF HOPE k8 WYA)rrated 0atK go¥8rred by CA)mpanl8s A(11985 arKI 1989 K1 nran[luM 11A8 ofAsmation DIRECTORsrrRUSTEES PrnI.An Fardrn............... ... Ohiafi..... TTrasurer REGISTERED OFFICE of Fk¥e 27 F8lixstow* Ro Lorth SE2 9QW BANKERS 1 Chwch Hll Plw Lorthn SE14 5HP INDEPENDENT EXIMINERS LVC UK Ltd 50, Plerlin Road WeiliThJ DA16 2JP
WORLD OF HOPE IA COMPANY UhirrED BY GUARATrifEE) REPORT OF THE MANAGEMW COMMrrrEE FOR THE YEAR ENDED 28 BRUARy 2020 The dirthths present tewrt a)J slatemts yeNJ8d 28 Fe 2020. PRINCIPAL ACTMTIES The o¥ty0fth0 WORLD CF HCVE 1. To act as a resource for yourKJ people ajed lEtn 5 25 years Imng in the UK Africa and international by provMJirffJ VICe aFvJ assistance and ooani%ng programmes of phys. educationg arKI other actriitse5 as a means of. {a} adv8ncing in Ilfe and helping young pewe by developing their skills. capaCeS 2nd capabiliknes to enabk It7 to partKipe in SoCty as ITyJeF*nden( mature and reswnsible individuals; (b) advancirwJ educatw)n", (c) relieving unemployment (dl provkling recrealKinal and leisure time xtsvity in the interests of social hfare for people living in the area of benefft who have need by reason of their youth, aJe, Infimity or disability, povety or swial and economic circumstances with a view to improving the conditiorE of lrfe of such persons. 2. The advanment of edUtion In matters sum)unding parentiThJ, famty life and relationships with a view to enrithiNd famay atKI Gommunity Sife in the UK, Affi'ca and intemational.
WORLD OF HOPE IA COMPANY UMrrED BY GUARAKTEE) REPORT OF THE DIRECTORsrrRUSTEES FOR THE YEAR ENDED 28 FEBRUARY 2020 STATEMENT OF DIRECTORS AND TRU8TEE8 RESPON3IBILtnES The Dwectorl ar8 dso trustees ofthe Company, are rUired lo ppar8 finanual statèm8nts for each finanaal year vthich give a tnje and fair view of the state ofaffairs of the Company at the 8ThJ of the year and of its finan(aal act[lIeS during the year then ended. In preparing thc6e financial stslaments, Ihe trustees are requi to.. • select SUItab aLXnI]r#J OKaes and atply th8m nsiStenI1, makejuthJefflents and estimates that are &9)nable and PA¢ slate whether applicable stsndards aTrJ 5tatenMI of reo)mrrEnde(I prauice have been foNowed, subject to any mateiial departurvs dEI)sed and explain in the ffnanrial sts18ments". Kf prepare th8 financtal statenRnts on the gc¥ng (rjnwn basis Unl it is inappropri8t8 to pr8SLime that the prcyed wll cIMtin in 0[rati. Th8 directorsltrustees a re[bie for keeping proper accountsNJ rncords disdose at any tsme the financtal twlkm of Company. They are also r8swnsible for sale9uarding the aSts of11 Company and hence for tskirKd reasonable steps for the WeventI and d8t8cn offraud and other irregularities. Prol. Amos Fanimo rector
WORLD OF HOPE REPORT OF THE DIRECTORsifRUSTeES YEAR ENDED 28Th FEBRUARY 2020 FINANCIAL REVIEW The results of the year's operatioll arc set out in the attached financial statements. The net movement in funds for th¢ yw wa6 a dcfirit of £975 bGforc adding a fimd balance of£4,442 from the previous year. The retained reseTves at 28 February 2019 therefore amount to £3.467. The activities during the year were mainly funded from fvnd received during the year. The retsined reseTh88 8iK)ve ar8 mainly from restricw fid5 Wt loard from the pu5 year. The trustees h8v8 been avRre ofts rwd to (x)mpty g(K)d prdCtic* gUKleIr IM free reserves and WORLD OF HOPE is indwjed in the rleS to ts a¢X)unt& RISK MANAGEMENT The In188$ have eXaTrned the risk wthich WORLD OF HOPE fa$ and td¢eve that meinlaining our free feserv8s al a rea5(able levd. [Th1bed Ith our annual ofts cfjntro5s over key financial Systems will provtde gjffioent resources in the event of adverse conditi. Th8 trustees hav8 also examin1 olher operats.al and IxlswsS n'sks W•hith we fa¢% and fA)nfirm that Ihey have established systems to mibgats the sNJnrficant th. TANGIBLE FIXED ASSETS Thè Company kwps a ro9r8tw of fixgd 888•ts FUNDS AVAILABLE Tho present levd of ftjndiro is adèquaté lo supFort the contirnalion of the Comperry operatlons for the medlum lenn. and the trustees rjjnsiderthe financial p)srtton of the Company lo be satisfactory. VOLUNTEERS WORLD OF HOPE rec%JgnL8es the &gnffiwl (l)ntritiOnS made ty Nrlunleers,
ACCOUNTANT'S REPORT IA COMPANY UMITED BY GUARANTEE) ON THE UNAUDITED ACCOUNTS TO THE DIRECTORS OF WORLD OF HOPE FOR THE YEAR ENDED 28 FEBRUARY 2020 The Financial stslents have ped urthr (Nt in ayxJrdarK2 with ap1¢ab A¢Unting SdaNIs ar#J Rep)[ Respon$ibllld¢s of the Dltectorn and RertIng Accountant As d8SUIt on page 4 the Comp1$ dir8Ctor3 e re5pJn fty ts pretetth of the Flnancial StThnts arKI they nder the rA)mY i8 exempl frc¥n an audiL It is rny resporribilty to cary out edureS d8gn tr) rewt my OpinK. B1 of OplnloTr: My wrds coThJucW with Staknrnnt of Sknds frjr Rer#Jty Amjntants, ar so my pvocedurB ol comparirvj the ffnaKlal stments with ts xcountmg recfjrds kept by the ojnpany. avKI makiry suth kniled erwuirw of the officer5 of the o)mpany a8 1 o)nstdered nec&wry fiy the pr of this rem Te w[ur@S wiJ8 cfflly th8 as5urm expressed in my opinK Oplnlon: In my op11.. A) The finaKral statenrt are kn agieenHrt thth ttv)se [d$ W by ts o)mpany und&r lJn 477 ofthe Ccrfnpanies Act . B) Hawng r8gard onty to. arrfl on the of the knknnakn 0)ntj wi •xob.ng a) The finarKid slatem8nts h&e dra up li a Ma1 cortsistsnt with the ting requirenmts wIfd tn seclhjn 476 ofthg Act. b) The Company Satisf ts ¢cJitionS for fv exemptp)n from awjft of tre fir¥La1 statents for FwbJ in kn 477 01 the A¢t dKI nol. at time wilhin Ihat Wd. fram wilhin of ratsgorbs of L))mpartk% r¥)t entimed trj exempkn SFecffjj wi seclim 477. D* 22ThJ Fe %)20. Lltety entUf9s & CongJt• UK Ltd 50, Verfn Rc Welling Kent DA16 2JP
WORLD OF HOPE FiNANC14L STATEMENTS FIYQ THE YEAR ENDED 28TH FEBRUARY 2Q20_L_.- l Unrestrictsd Restrlcted 2020 Fund Total Incomlng Resources Notss Total iwi%ham SNB_ 'SouthwarK SN8-PAc ,GreerMich Social SeNce&PiJttsse Greemmch CoLwKiI Abbey Parnl fLnJ ' Ni9erFan OptrtsrH9e Pnjigct Be>Jey Social S&Nce& lknr Ni9orian Hlgh Commi81on 'Rotary.W¢ioWch '. G8n8ral Sales , Total Incomlng R••ource8 3,340 5,884 o., 3,075 3.075 520 520 1,230. 26.404. 26,404 44,388 588 1.184 41,723 42906 62,671 1,184 , Resource8 Expo.nded 'Print. Post & StatEomrL. .Tel8pho 657 74 859 427 725 3.085 1,923 4,052: 4.791 4,791 5.392,, 27.110 27,110 45,400,. 266 2,321 . EqLApfflent Refreshnent ard Food ,' Hall Rentayspace PIri. '.Trair*rlCortsactr)r DBS 6851 666, 265 Ac11e¥ 145 ', Governance Cost Commitle& E4)&rKe8 Arwwl Rgport 39. 41.0 ,12 Total 39I87' 41,068.. 64,127
WORLD OF HOPE FINANCIAL STATEMENTS YEAR ENDED 28 FEBRUARY2(120 INCOMING RESOURCES 2,019 Totsl Fund Fund Inrning Resources From Ggneraled Funth". Voluntary orne i0r trme Total Incomlng RÈsources 41.723. 41,723.: 58.446 1.184 41.723 42.906 63.152 RESOURCES EXPENDED CPorltsbl8 ActiNille8 1.181 39.887 41,068 64,127 . ¢kInre Costs Total R•source8 Exp•nd•d 1,181 39,887 41068 64 127 N•t Incom!n9.Ro•ourc•• fortho Year 1,836 1,838 -975 PnorYearAditrll8rt TrdTh8fer beve8n ftnl8 FutKI baLgr83 brOhtI0rwa 4.906 4.9C 42 3,467 Fund balanc•• Cattl forwaid 49 439 3867
WORLD (F HOI>E BALANCE SHEET AS AT 28 FEBRUARY 2020 2020. 2019 Total CuTr•nt Ass•ts 'Debto i Cash at Bank & in Harnl 3,467 3991 3.467 L••$ Current LlabHitl•$ Credltors dug V4!tNn ot xpar 399 3,467 Funds.. UNestrtcled FurKIs , Reslricted FS -39,, 439, 3,509 399 3A67 ApproNp. d Mawenrt arKt SIA on tsir betAlf Pmf. Amos troal on.........-....-...
BALANCE SHEEf {Contlnuedl AS at 28th FebNwy 2020 The directors who ara also Iwstees tXnsIr that perifyj ended 28th Fetfijary 2019. the company was entiled to exemption from audil under Se1 477 of trÈ Corrpanies Act 2CQ6 latng lo small ¢))mpanie& Dir[s, re¥nsibl11ti&$. The members have not required the company to Ihe a11 of ils act5 for Ihe year in quesb'on in accordance Nlith secbon 476, The dirt0$ acknowledge their restx)nsibilibes cmwying with the requirernts of the Act wlth respect lo acc%Junlwig re(JJnls aNJ the preparatw)n of accfMJnts, Thèse accounts have been ppare in accordance wrth the provis#Js 3pk4ir2Lle kn cffiipanbs 3uty.ed to small companies, regime. The finanaal statements IM Pages &9 wère approvwj by the board of dir&ts on and soned on ts behalf by Director Prof. Ajnos Fanimo io