Charity Number: 1144750
WORD OF HOPE BIBLE CHURCH
TRUSTEES, REPORT
AND
FINANCIAL sTATEME￿Ts FOR THE YEAR ENDED
31ST DECEMBER 2020

WORD OF HOPE BIBLE CHURCH
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
31 ST DECEMBER 2020
CONfENrs
Page
Charity's General Inforn]ation
Trustees Report
Incomes and Expenditure Accounts
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
Independent Examinerfs Report

WORD OF HOPE BIBLE CHURCH
TRUSTEES, REPORT AND FtNANCIAL STATEMENTS
31 ST DECEMBER 2020
Charity'8 General Information
TRUSTEES &
PASTOR IN CHARGE
Apostle Godspower Obamwonyi
P￿10[ in Chage
Rev {Mrs) Y¢jide Obamwonyi
Trustee
Ms Patience Enabulele
Tn￿te¢
Mrs Queen E Osahenomase Mugenzi
T￿￿tee
Ms Uyiosa Catherine Enabulele
Tn￿tee
Mrs Oluwabukola Hadizat Kila
Trustee
PRINCIPAL AND WORSHIP OFFICE:
The Venture Centre
491, Mill Street
Manchester Ml12AD
CHARITY REGISTERATION NUMBER:
1144750
BANKERS:
Royal Bank of Scotland
St. Ann Street
ManchesteT M60 2SS
ACCOUNTANTS:
Richflo Accounting Servlcgs
4 Deeroak Close
Manchester
M18 8AF
Page I

WORD OF HOPE BIBLE CIIURCH
TRUSIEES, REPORT FOR THE YEAR ENDED
31 ST DECEMBER 2020
The Trustees of Word of Hop¢ Bible Church( the clwity) pres¢nt their rqM>n alld
Fitian¢ial Statement for the year ended 3 1st December 2020 *thicb h&5 been prepared in
accordance with the Statement of RecornnKnded Prnctice (SORP)"Accounting and
Reporting by Charities" ISSU￿ in October 21KK) and Revised in 2(K)5
Structure, Governance. Constitution and M*nyement:
The n￿1￿ objective of the charity is to advanc¢ and dmDstrate the Christian &ith through
practical means possible to members and people in the commwiity.
The "Word of Hope Bibl¢ Churcb" is a PeDte¢ostsl Church for all nations. We
b¢lieve in mirdcles and long to see G(Ml move in the life of people. saving all, he￿Ing all and
giving all a testimony
11 METHOD OF APPOINT.MENT ORELECTION OF TRUSTEL*.
The n￿lagement of the cbarity is the responsibility of th¢ Tntst¢es who are elected on
the basis of contribution they will make to the gY)vernance of the chaTitv under the tern
of the Tn￿t Deed.
During the year total Incomes of
£71584 and Exp￿il￿re Resources of
£69.149
wa5 realised and expend¢(L This incon)e and expenditure were lower compared to previous year
of £123J13
and £119,631
Howev￿. th￿e wa5 surp1￿$ of
this year compared to the previous year S￿￿lus of £J,683
sTATEmE￿r OF TRu￿EEs RESPONSIBILITY:
The charlty's Trustces are responsible for th¢ preparation of financial ststements, and th¢y
consider audit is not required for this year under Wtion 43(2) of the Charities Act 1993 (the
Act) and that an independent examination is neede& In preparing these financial ststements,
the Trustees are required to:
select suitable accounting policies and then apply them consistently
make judgements and estimates that are reasonable and prudent
prepare the fu￿nCIal stslem¢nts on the going concern basis unle&8 it is inappropriate to
presume that the church will continue in operdtionat service.
the financial statements are pr¢pared as required by law to give a true and fair view of
the state of affairs of the church surplus or deficit for that peri￿ and safeguard the assets
of the church.
£2N35
IIYDEPENDENT EXAMINERS:
The Trustees appointed FelÈx & Co Chartered Certified Accountants as its independent
examiners. A resolution for re-appoiDlrnent will ￿ proposed during the next meeting.
This r¢port was approved by the Tn￿te¢S on 5th October 2021 and signed on th¢ir
behalf by trustee:
Name of Trustee".
Aposde Codspower Obamwonyi
Page 2

WORD OF HOPE BIBLE CHURCH
tNCOME AND EXPENDITURE Accou￿[
and CASH FLOW STATEMENTS
31 ST DECEMBER 2020
NOTES
2020
2019
INCOME AI¥D EXPENDITURE ACCOUNTS
TOTAL INCOMING RESOURCES:
63,109
123,313
HMRC GRANT
8,475
GROSS INCOMING RESOURCES
71,584
123,313
LESS: Administrative Expenses:
TOTAL RESOURCES EXPENDED=
(69,149)
(119,631)
OPERATING SURPLUS / (DEFICID
2,435
3,683
CASH FLOW STATEMENTS OF CHARITY FUNDS .
2020
2019
NOTES
Opening Bank Balance
Cash Receipts in the year
12,821
9,138
71,584
123,313
84,405
132,451
Cash Payments/Expenses in the year
3&7
(69,149)
(119,631)
Bank / Cash Closing Balance
15256
12,821
Page 3

WORD OF HOPE BIBLE CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
31ST DECEMBER 2020
Unrestricted
Funds
2020
TOTAL
Funds
2020
TOTAL
Funds
2019
NOTES
tNCOMtNG RESOURCES:
Tithe
49.800
49.800
55,630
Offering
Thanksgivings
Seed Faith
1,871
1,871
5,385
251
251
4,824
516
516
7,216
Harvest Festivals
Poor & Homeless
351
351
5,961
Leeds Income
2,819
Miscellenous Income
1,191
Gift Aids
10,316
10,316
36.839
HMRC Grants
8.475
8.475
Interest
First Fruit Harvest
3,447
TOTAL INCOMING RESOURCES:
71084
71,584
123J13
RESOURCES EXPENDED:
Salaries
12.559
12,559
32.236
Guest Speakers
Taxes & NI Payments
Travel & Entertainment
10,052
10,052
29,124
988
988
1.338
Rent
15.848
15.848
26,544
Insurance
316
316
Telephone Charges
Donations
379
379
445
26,136
26,136
26,136
Repair and Maintenance
Sundry Expenses
Depreciation of Assets
Accountancy & Pa￿011 Fees
TOTAL RESOURCES EXPENDED:
565
565
900
1,806
1.806
2,408
500
500
500
(69.149)
(69,149)
(119,631)
NET SURPLUS I (DEFICIT) IN RESOURCES
2.435
2,435
3,683
Page 4

WORD OF HOPE BIBLE CIIURCH
BALANCE SHEET
FOR THE YEAR ENDED 31ST DECEMBER 2020
NOTES
2020
2019
FIXED A&SETS
T8ngible A&sets
5.417
7223
CURRENT ASSETS
Ikbtors
14,225
Cash at Bank
13293
8.629
27518
32.935
15.852
CREDITOILg
Amount due within l year
AD]OUt)t due More than l y¢ar
(5(K>)
(12,169)
30,(XKI)
2.435
Generdl fiuKLs
2,435
3,683
Th¢8e statements of fiDancial activity w&8 approved by the Trustees on 5th October 2021
lld signed on their behalf by the trustee:
Name of Trustee:
Ap05tle Godspower Ob*mwonyl
Signature."

WORD OF HOPE BIBLE CHURCH
NOTES TO THE ACcOU￿s FOR THE YEAR ENDED
FOR THE YEAR ENDED 31 ST DECEBER 2020
I. ACCOUNTING POLICIES
The financial statements have been prepared in accordance with applicable Accounting
Standards in United Kingdom with the application of FRSSE and the Statement of Recommended
Practice "Accounting and Reporting by Charities" ("SORP 2000 and SORP 2005") issued by
the Charity Commission. Asummary of the principal accounting policies, wl)ich have been
applied consistently is set out ￿lOw.
(a) Ba$18 of Preparation of Financial StetemeDts.
The financial statements are prepar¢d under the historic cost convention and include
the resuli of charity's Operatio￿ which are described in the TTh￿tee.S Report, all of which
are continuing.
(b) Incoming Resources:
All incomes is credited to the Statement of Financial Activities on the earli¢r date of
when they are received or when they are receivable.
(c) Restricted Funds:
Restricted funds are to be used for specific purwses within the objects of the charity. Expend-
itures which me¢t these specific criteri4 will be malched with a fair allocation of management
and support costs.
(d) Unrestricted Funds:
Unrestricted funds are donations, offerings and other incomes generated for the objects of the
charity without further specific purposes and are available foi general and public fi￿d5.
(e) Resources Expended:
Direct Charitable expenditure includes all expenditure incurred by th¢ charity in direct
pursuit of its charitable objectives.
Governance expenditure includes all costs incurred which relates to the charitable and for
adminlstsration of the charity in compliance with constitutional and staEuiory requirements.
Tangible Fixed A$$ets and Depreciation:
Tangyible fixed assets are stated at cost less depreciation. Depreciation is provided at rates
in order to ￿TIt¢ off th¢ cost of each &ssets, less their estimaled residuaI value over its
estimated useful life as follows: No asset during the periods
Church Equipment
250/0 at reducing balance
2. OPERATING LOSS:
The Operattng Loss is stst¢d after Charging:
2020
2019
Depreciation of own assets".
1.806
2,408
Page 6

WORD OF HOPE BIBLE CHURCH
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED
FOR THE YEAR ENDED 31 ST DECEBER 2020
TANGIBLE FIXED ASSETS:
COST I VALUATION:
2020
TOTAL
2019
TOTAL
Church
Buildin
Church
Equi
4,102
ments
Opening Balance
Additions in the year
Disposals
10.500
14,602
14,602
Closing Balance
10.500
4,102
14,602
14,602
Depreciation
Opening Balance
Charge for th¢ period
4,594
2.785
329
7,379
4,971
2,408
1,477
1,806
Closing Balance
6.071
3,114
9.185
7J79
Net Book Value
Opening Balance
Closing Balance
5,906
1.317
7,223
9,632
4,430
988
5,417
7223
3. DEBTORS:
Other Debtors
14225
14,225
4 CREDITORS: Amount falling Due le88 Th2n l Year
Other Accrued charges
Accrued Professional fees
11,669
500
500
12,169
500
CREDITORS: Amount falling Due More Than l Year
Loan
30,000
S RESERVES: Movements in Charity funds:
Receipts in the Year
2020
2019
71,584
71,584
(69,149)
2,435
123.313
123J13
Payments in the Year
Closing Balance
(119:631}
3,683
Page 7

WORD OF HOPE BIBLE CHURCH
INDEPENDENT EXAMtNER'S REPORT
FOR THE YEAR ENDED 31 ST DECEBER 2020
I have examined the financial statements, which comprises the financial activities, the
Receipt & Payments and the related Notes on pages 2 to 4 and the accounting policies of the
the Word of Hopc Bible Church for the period ended 31 st December 2020
This report is made solely to the Charity,s Trustees (who are the directors of the company
for the purposes of company law) and are responsible for the preparation of the accounts.
The Trustees consider that an audit is not required for this year under section 43(2) of the
Charities Act 1993 (the 1993 Act) and that an independent examination is needed.
Respective responsibilities of Trustees and Independent Examiner:
As described on page 4, the Trustees are responsible for the preparation of financial
statements. It is my responsibility to carry out an independent examination of those
financÉal statements and to issue a report based on that examination.
Scope or examiner's Statement:
I conducted my examination in line with directions given by the Charity Commission
under section 43(7)(b) of the Charities Act 1993. An examination includes a review of
accounting records kept by the charity and comparison of the financial statements with
those records as well as explanations from the trustees concerning the records. The
procedures undertaken do not provide all the evidence that would be required in an audit.
Consequently no audit opinion is given and the report is limited to the statements below:
Independent examiners statement:
In connection with our examination, no matter h&s come to my attention:
i. which gives me reasonable cause to believe in any material respect the requirements:
to ke¢p accounting records in accordance with section 41 of the Companies Act 2006,
and
to prepare financial statements which accord with the accounting records and Comply
with the accounting requirements of section 386 of the Companies Act 2006 and with
the methods and principles of the SORP: Accounting and Reporting by Charities
have not been met. or
li. to which in our opinion, attention should b¢ drawn in order to enabl¢ a proper
understanding of the financial statements to be reached.
Signed:
Richflo Accounting Services
4 Deeroak Close
Manchesfrr
M18 8AF
.and dated 5th October 2021
Page 8