WORI.D MISSION, SOCIEI TY CIIURCii ofi GOD rINANCIAL STATEMLI SI'T FOR THF, YEI AR ETr4DF,D 31-08-2022 CHARITY NO: 1141135 COMPANY NO: 07.338815
WORLD MISSION SOCIE'I'Y CHUIICII OI,. GOD YEI AR Li fsDFI.D 31_08.2022 DIRLCT'ORS MR JOO CHbOL ICIM MR MICHAEI. SAN ICtNG MR PRAKASH LIMBU SAMSOHANG SLCREI TARY HAE MI SONCJ EUNHYE CHOI RFGISTF.RED OFFICF, UNIT 6 CAXTON PARIC WRIGHT STREET MANCHESTER M169EW RLGISTERTED NUMBER CHARITY NO: 1141135 COMPANY NO.. 07338815 ACCOUNTAf4TS ALI & C.0 450 CFIEETHAM HILL ROAD CIIEFTHAM HILL MANCHESTER M8 9LE
WORI.D MISSION SOCIEI TY CHURCH or GOD YLAII F.DF,D.71-08-2o22 ST DIRECTORS REPORT FOR THF. YEAR ENDED 31 AUGUST 2022. The directoi's present their irporl and tlie aecouiits foi. the yeai. ended 31-08-2022. PRtNCJPAL ACTIVITIES AND REVIEW OF BUSINESS Tlie Coinpany's pi-incipal activity diii'iiig the yeai- was that of a chui-ch and i-eligious oi-ganisation. The i'esults for tl)e yeai. are set out on page 4. This I'epoi't was approved by the boai'd on 3010512023 talcing an advantage of special pi'ovisions available to SiT)all coinpanies. Sign nbe If of Ilie board of dii'ectors, MIC DIRECTOR KING
WORI.D MISSIOP+l SOC.IETY CIIURCH ofi GOD Yri.AR E,NT)f.D 31-08-2022 ACCOUNTANT'S REPORT TO TI IE DIRECTORS Tlie coiiipaiiy"'s directoiE air i'csponsiblc foi. the pi'eparation of tlie accoiints, and tliey believe that tlie coinpany was eiititled to exemption from audit uiidei. section 477 of the Coini)aiiies Aei 2006 i'elating to small coinpanies. In accordance with your instrLlCtion.q have compiled these lin audited accounts in order to assist you to fulfil your siatutory responsibilities from tlie aecounling i'ecot'ds and infoi'mation 8upplicd to us. ALI&CO ACCOUNTANTS 450 CHEETHAM HILL ROAD CHEL'I'HAM HILL MANCHESTF.R M8 9LE Phone: Fax.. (0161) 795-4751 (0161) 702-3685
WORI,D MI.SSION SOC.IEI TY CHURCH or GOD Yr< AR Fi h'DF.D 31_08_2U22 tNCOME AND EXPENDII'URE ACCOUNT For the YEAR ENDED 31-08-2022 2021 2022 Notes TOI'AL GROSS INCOME 395,529 421,585 Direet Expenses Gr055 Income Cliai-ily Expenses 395,529 (176,511) 421,585 (174,834) Net Moveineiit of Fund5 Interest reccivable Jnterest payable 219,018 246,751 Movement of Funds 219,018 246,751 Retained Funds bi'ouglit forivayd 2,275,526 2,4,94.544 Retained Funds carried forwai'd 2,494,544 2,741,295 I'hcre weie no rwognised gains and losses oihcr Ihan those recogniised ir Ilie PiY)fii and Loss aceounl. Tlienoios page% fi 10 9 frolli parl ofllieseaecoiknts.
WORI.D MI$8JON SOCIEI TY CHURCH ofi GOD YF.AR F.NDF.D 11-nX-2022 BALANCE SHLET At 31ST AUGUST 2022 2021 2022 Notes Fixed Assets Tangible Assets 2,212,234 2,500,008 Curj-ent A55ets Stock Debtors Casl) at Bank and in hand 418,813 289,033 418,813 289,033 Ci'editors Amount falling due within one year io (109,048} {20,291) Net Current Assets l (Liabilities) 309,765 268,742 Total Assets less curi'ent liabilities 2,521,999 2,768,750 Long tei'in loan Net Assets / (Liabilities) 2,521,999 2,768,750 ital and Reserves Member Funds B/Fwd Cuii'ent Yeai. Movement 2,302,981 219,018 2,521,999 246,751 Member Funds C/Fwd 2,521,999 2,768,750 For ihc year ended 3110812022 Ilie comp¥ffiy iv8S 1111]e to exclpIll)n froni audii linder 8ec¢ioD 477121 of Ihe Coiiip3nie.% Act I6 Irlaiiiig 10 %m311 coinP2nits. ThÈniÈmbÈts have rtoi tequiied thÈtompaThy 10 obiain art&udii ofits accounts fortheyrill9UesILort ui aeeoidBncewitlisecii<MI 476. ThediiEctot% knOwledge their reswnsibilily foi.. 11 en.4Uiin£ the comiiany kcepsACCOilliIiirc¢0rd ivhich coniply with Seciion 38CTr.' 4kKi requiremenis of Ihe CoinpAnie.% Aci rcl41iilÉ to accoiiiits. $0 far as is applicable 10 Ihe ¢rAilinY. Ai)proved by Ihe boaid 011 301051202.1 aiid 8ign¢don ils bthalf. Thawllccouiil% IvC brcn prcpaicd in &c¢OrdanCewith ilie mrO-ctIlY provisio IC.IIAEL.I IUNG DIRECTOR
WORI.D MISSION 8OCIFTY CHURCH of4 GOD YF,AR F.NTDF.D 31-1111-21122 NOI'ES TO TIIE ACCOUNTS ST Foi. Ihe yeaL' ended 31 AUGU,ST 2022 Aecoutitiii Basis tsf I'allon of accoyjjts Tlig dLLounis al'e pj'epdl'ed iiiidei. tlie liisloi'ical c051 coiivenlion and ijicorpoiate Ilie i-eEiilt5 of the principal aGtivity wliitli 1% desti'ibcd iii Ilic diiector's rcpoit and wl)icli is coiitinuiiig. Tlie coiiipany l)as takeTi advaiitage of the exeinption in Financial R¢porting Stsiidai'd for Small F.niitie% Icffective Jani1'Y 20051. Turnovei. Tuynovei. i-epi'esertts donaiions i'eceived diijing tlie yeai.. Tali ible fixed assets 2nd de i'eciation Tan£ible fixed assets art sthied ai cosi less depreciaiion. Deprecialion is plvde(l iising Ihe rediicingy Iiieth(Kl of the category of tan8ible assets existing. ixtui-e. fjltings and ¢qiiipinent St ek SLnd ork iij ro res5 Siock and work in pl.0.esS are valued at tlie lower of cost and iiel iralisable valiie Inakillgi due allowaiice for obsolete and slow n)ovJng stocks.
WOIU,D MISSION socibry CllURCII OF GOD AR F.NDED 31-08-2022 NOTES TO THE ACCOUNTS oi. Ilie yeai elided 31. AUGUST 2022 Turnovei. The whole of the tui'novei. and funds Inoveinent is atli'ibulable 10 the one princip(il aclivily of the COlT)paiiy. eratin r4unds Moveinent The opei'ating funds inoveinent is slated aftei. cliai'ging.. 2022 Dcpi-cciation of tangible fixed assets 4,562 Interest able 2022 On bank loans, ovei'di'afts Repayable within 5 years, not by instalnients Taxation TILe colnplY lias no liability to Coiyoration Tax. Dividends Coimpany is a ch21.ity and not paying dividend.
WORLD LIIISSIOSL, socIE'rY CHURCH OF( GOD YEAR ENDLD 31-08-2022 NO'I'ES TO THE ACC'OUNTS Foi. the pei'iod ended 31. AUGUST 2022 Tan ible fixed assets 14iXture & Fittings BUILDJNO 'rolal Cost AI 01-09-2021 49,613 2,196,044 2,245,657 Additions Disposal 9,154 283,182 292,336 At 31-08-2022 58,767 2,479,226 2,537,993 Depreciation At 01-09-2021 Charge foi. the period 33,423 4,562 33,423 4,562 AI 31-08-2022 37,985 37,985 Nct Bool< V&lues At 31-08-2022 20,782 2,479,226 2,500,008 Stock 2022 Stock Debtors 2022 Due witliin one yeai- Debtors, pi'epayinenls and acci'ued income
WORI,D MI8.SION .8ocif4TY CHURCH or GOD YEI AR ENDED 31-08-2022 NO rEs 'ro'i'HE ACCOUNTS Foi. Ilie pei'iod ended 31. AUGUST 2022 10. Creditors: amount fallin due within one ear 2022 CL'editors and Accruals 20.291 Deferred taxation Coinpai)y is a charity 12. Called up share capital Company is limited by guarantee and company does not have share capital. 13. Reconciliation of movement of Members funds 2022 Funds Movenient foi. the yeai. 246,751 246.751 2,521,999 Meniber funds al 01-09-2021 Meiiiber funds at 31-08-2022 2,768,750
10 WORI,D IVAIS.%ION SOCIETY CHURCII of4 GOD 'I'IIADIN(: piiofilT AND 1,088 AC.C.OUN'TS r<OR THF. PERIOD ENDED 31SI' AUGUST 2022 INCOME DC)NATIONS 421,585 XPENSES WAGES AND SUBCONTIL4CTOR RENI'AL LXI)ENSLS FOOD SPORT RATES & COUNC'IL TAX TRAVEL & SUBSISTENCE I.F.GAL AND PROFESSIONAL PHONE BANIC CHARGF.S POSTAGE, STATIONERY, ADVERTISING UTILI'fIES, LIGHT AND 14EATING REPAIR & RENEWAL WASTE & CLEANING SUNDRIF..S & TNSIJRANCE DF.PRECIA TION FUiE & SAbErY HIRtNG & LEAStNCJ 92,265 40,400 2,872 1,352 4,107 1,550 1,206 1,770 2,143 9,136 3,204 278 6,743 4,562 1.918 (174,834) INCOME OVLR LXPENDITURE FOR THE Yr.AR 246,751