**Charity Number 1140847** ## **THE WORD OF CHRIST CHURCH INTERNATIONAL** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st March 2023** **STAN KELLY & CO Claverings Business Park 14 Centre Way London N9 0AH** **THE WORD OF CHRIST CHURCH INTERNATIONAL** **Charity number 1140847** ## **Charity Information** ## **Registered Address** 10 Maryland Walk Popham Street London N1 8QZ ## **Trustees:** Mrs Millicent Baka Mr Matthew Kyeremateng Mr Eric Boakye Miss Vida Obeng-Yeboah Miss Sarah Adade ## **Bankers** Lloyds Bank Plc ## **Independent Examiner** Dr Emmanuel Oloke, FCCA Stan Kelly & Co Chartered Certified Accountants 14 Centre Way London N9 0AH **THE WORD OF CHRIST CHURCH INTERNATIONAL** **Charity number 1140847** |**Contents**|**Page**| |---|---| |Examiner's Report|1| |Statement of Financial Activities|3| |Balance Sheet|4| |Notes on the Accounts|5| |Supplementary Information- Incoming Resources|6| |Supplementary Information- Resources Expended|7| ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** ## **Report to the trustees/members of** ## **THE WORD OF CHRIST CHURCH INTERNATIONAL** **On accounts for the year ended** **31st March 2023 Charity no 1140847** ## **Set out on pages** I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31st March 2023** ## **Responsibilities and basis of report** 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. ~~[The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of [insert name of applicable listed body]].~~ ~~_Delete_ [ ]~~ ~~_if not applicable._~~ I have completed my examination. I confirm that no material matters have 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 ## **Independent examiner's statement** - 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:** **Name:** **Relevant professional qualification(s) or body (if any):** ## **Address:** ||09/01/2024| |---|---| ||| |Dr Emmanuel Oloke,FCCA|| ||| |The Association of Chartered Certified Accountants (ACCA)|| ||| |Stan Kelly& Co|| |14 Centre Way|| |London N9 0AH|| **Section B Disclosure** **Give here brief details of any items that the examiner wishes to disclose.** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Charity number 1140847** ## **THE WORD OF CHRIST CHURCH INTERNATIONAL** **STATEMENT OF FINANCIAL ACTIVITIES Year Ended 31st March 2023** |**Notes**
**Incoming Resources**
Tithes and Offerings
Harvests and pledges
Donations
Welfare Ministry
Womens Ministry
Other receipts
Total Incoming Resources
**Resources Expended**
Direct Charitable Expenditure
Management and Adminstration
of the charity
Total Resources Expended
Net Incoming Resources for the
Year and net movements in Funds
Fund balance brought forward
**at 31st March 2023**
Fund Balance Carried Forward
**at 31st March 2023**|**Unrestricted**
**Fund**
£
26,363
8,049
-
-
-
10
**34,422**
18,167
4,521
**22,688**
11,734
17,301
**29,035**|**Restricted**
**Fund**
£
-
**-**
-
-
**-**
-
-
**-**|**Total**
**2023**
£
26,363
8,049
-
-
-
10
**34,422**
18,167
4,521
**22,688**
11,734
17,301
**29,035**|**Total**
**2022**
£
14,597
250
7,835
-
-
201| |---|---|---|---|---| |||||**22,882**| |||||23,022
5,542| |||||**28,564**| |||||5,682
-
22,983| |||||**17,301**| 3 ~~_StanKelly_~~ ## **THE WORD OF CHRIST CHURCH INTERNATIONAL** ## **Charity number 1140847** ## **BALANCE SHEET as at 31st March 2023** |**Note**
Fixed Assets
2
Current assets
Debtors
Cash at bank and in hand
3
Creditors: Amounts falling due
within one year
4
Net Current Assets
Creditors: Amounts falling due
after more than one year
5
Total Net Assets
**The Funds of the Charity**
Unrestricted:
Designated funds
General funds|**2023**
£
274
-
38,953
39,227
360
-
38,867
9,832
-
**29,035**
29,035
**29,035**|**2022**
£
886
-
26,184| |---|---|---| |||27,070| |||360
-| |||26,710| |||9,409
-| |||**17,301**| |||17,301| |||**17,301**| The financial statements were approved by the trustees on **9 January 2024** and signed on its behalf by: ………………………………………………… **Trustee** **Mrs Millicent Baka** The notes on page 5 form part of these financial statements. 4 ~~_StanKelly_~~ **THE WORD OF CHRIST CHURCH INTERNATIONAL For the year ended 31st March 2023** ## **Charity number 1140847** ## **Notes on the Accounts** ## **1. Accounting Policies** - a. The financial statements have been prepared under the historical cost convention and applicable accounting standards and in accordance with Statement of Recommended Practice - Accounting by Charities . - b Depreciation is calculated to write off the costs of fixed assets over their useful lives at the following rates: |Musical instruments|25%| |---|---| |Furniture|20%| |Computer and media equipment|25%| - c **Incoming resources** All incoming resources are included on the statement of financial activities when the charity is legally entitled to the income. - d 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. ## **2. Fixed Assets** |**M**
**Cost**
At 1 April 2022
Additions
**At 31 March 2023**
**Depreciation**
At 1 April 2022
Charge for the year
**At 31 March 2023**
**Net book value as at 31 31st March 2023**
NBV At 1 April 2022|**Computer and**
**usical Instruments**
**Furniture**
**media equpiment**
**Total**
£
£
£
3,258
1,279
1,484
6,021
-
-
-
-| |---|---| ||**3,258**
**1,279**
**1,484**
**6,021**| ||2,816
875
1,444
5,135
432
180
-
612| ||**3,248**
**1,055**
**1,444**
**5,747**| ||**10**
**224**
**40**
**274**| ||443
404
40
886| ## **3. Bank and cash balance** Cash and Bank balance 3 38,953 38,953 Professional fees 4 360 360 Other creditors 5 -9832 -9832 ## **4. Creditors: Amounts falling due within 1 year** ## **5. Creditors: Amounts falling due after more than 1 year** 5 ~~_StanKelly_~~ **THE WORD OF CHRIST CHURCH INTERNATIONAL Year Ended 31st March 2023** ## **Supplementary Information** ## **Incoming Resources** |**2023**
**Tithes and Offerings**
**Harvests and pledges**
**Donations**
**Welfare Ministry**
**Womens Ministry**
**Other receipts**
**Total**
£
£
£
£
£
£
£
Tithes and Offerings
26363
26,363
Harvests and pledges
8049
8,049
Donations
0
-
Welfare Ministry
0
-
Womens Ministry
0
-
Other receipts
10
10
Total
**26,363**
**8,049**
**-**
**-**
**-**
**10**
**34,422**|**2022**
**Total**
£
14,597
250
7,835
-
-
201| |---|---| ||**22,882**| 6 ~~_**StanKelly**_~~ ## **THE WORD OF CHRIST CHURCH INTERNATIONAL Year Ended 31st March 2023** ## **Charity number 1140847** ## **Supplementary Information** ## **Resources Expended** |**Resources Expended**|||| |---|---|---|---| |Honorarium & Pastoral care
Church outreach & Events
Donations
Branch activities
Headquarters Aid
Members Events
Hall rental
Welfare
Womens Fellowship
Travel expenses
Light and heat
Telephone and Internet
Print, Post and Stationery
Professional Fees
Licences and insurance
Depreciation
Bookkeeping fees
Subscription
Sundry expenses
Bank charges
TOTAL|**Direct charity expenditure**
**Management & Admin.**
**£**
**£**
10,050
1,372
-
755
-
1,000
4,271
720
1,007
618
1,072
358
360
265
612
228
-
-
-
**18,167**
**4,521**|**2023**
**Total**
**£**
10,050
1,372
-
755
-
1,000
4,271
720
-
1,007
618
1,072
358
360
265
612
228
-
-
-
**22,688**|**2021**
**Total**
**£**
8,200
21
-
100
-
10,230
3,692
779
-
2,037
468
1,512
217
360
336
612
-
-
-
-| ||||**28,564**| 7 ~~_StanKelly_~~ **Charity Number 1140847** ## **THE WORD OF CHRIST CHURCH INTERNATIONAL** **Year Ended 31st March 2023** 2 **Tangible fixed assets** ||||**Computer and**|| |---|---|---|---|---| ||**Musical Instruments**|**Furniture**|**media equpiment**|**Total**| ||£|£||£| |**Cost**||||| |At 1 April 2022|3,258|1,279|1,484|6,021| |Additions|-|-|-|-| |**At 31 March 2023**|**3,258**|**1,279**|**1,484**|**6,021**| |**Depreciation**||||| |At 1 April 2022|2,816|875|1,444|5,135| |Charge for the year|432|180|-|612| |**At 31 March 2023**|**3,248**|**1,055**|**1,444**|**5,747**| |**Net book value**|**10**|**224**|**40**|**274**| ## 3 **Cash at Bank Bakance** Treasurer's Account 33,018 Bus Bank Instant 5,935 **38,953**