CHARITY REGISTRATION NUMBER 1160113
The Word International Church
Financial Statements For The Year Ended 30 September 2024
Raywin P-Cole & Co Ltd
Chartered Certified Accountants ACCA Registered Firm 131 Tivoli Road, West Norwood London SE27 0EE
The Word International Church
Financial Statements For The Year Ended 30 September 2024
Contents
| Page | |
|---|---|
| Trustees Annual Report | 1 - 2 |
| Chartered Accountants' report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the accounts | 6 - 7 |
The Word International Church
Trustees Annual Report for the year ended 30th September 2024
Our Purposes remains the same in the advancement of Christianity here in the United Kingdom and abroad especially in the United Kingdom, Sierra Leone, Brazil and other countries abroad. Our mission is pastoral, evangelical, educational, advancement of health, the saving of lives, prevention or relief of poverty, social and recreational.
The Word International Church is committed to enabling families and individuals to become a part of our local fellowship and to help in the advancement of Christianity in other nations of our operations. As a Church we disciple our members to be involved in the daily life of the Church in evangelism, discipling one another and be a part of leadership of the church, and functioning in various activities in the church like, prayer meetings, media work, Sunday school etc. Christian growth is of primary importance to us. Through discipleship we seek to grow our members in to a Christ-like live of loving God, self-love and loving humanity indiscriminately. The Christ-like nature of living at peace with yourself, with one another and with our community and humanity at large. To live in joy, longsuffering and patience with one another. We continue and seek to help children and young people, the elderly, general public and humanity at large by provision of services, advocacy, advice/information and referral to other establishments who can help. Our work place is divided between North Peckham Baptist Church where we assembly and our online platforms where we minister to our congregation and the world at large. We also do overseas work.
Achievements and Performance
Worship and Prayer
The Word International Church are keen to offer a range of serves during the week and months to particularly meets our purpose in glorifying Christ through evangelism, discipleship, spiritual growth, growing into leadership, Church growth and purpose fulfilment of our members. This year we have been successful in welcoming more families and individuals in to our Church who we are now discipling and getting them involved in to the life of the church. Our workers have increased in number. At present we have 12 members in training for leadership in the Church.
Fasting and prayer we do from time to time in our Church. We believe in both its spiritual and health benefits. We did a week of prayer and fasting in the month of July 2024 and continue doing fasting every Friday of the week for the year. We also had a 21day prayer and fasting in the month of January 2024. It is a time of consecration, repentance and meditation to God. A time to ask God for forgiveness of all wrongs and to rededicate our lives to God to live a better Christ-like life before God and mankind. It Is a time to remind us to be helpful, charitable and respectful to our fellowman.
Friends and Family Service
Our Friends and Family Services have proven very successful. Through these services, marital problems had been solved, saving marriages, relationships had been built resulting in one of our members getting married this year. We have been able to reached bereaved members by supporting them through counselling, referring them to public services that can help them in such crucial time and helping to provide a befitting funeral for the deceased and their families. We had several funerals of families of our members. As a Church we made our financial contributions to help them with their funeral costs.
Men, Women & Children’s Departments
The men in the Church con nue to support their women counterpart by organising Mothering Sunday 2024. They praised the wives and mothers of the church in their contribu on to the welfare of their family members and that of the church family. They were also showered with gi s and dinner. The women did the same on Fathering Sunday. The theme for the women this year was “Women’s Issues”. They addressed women’s health challenges, issues women face with having none Christian husbands, raising up children with health issues like dementia, challenges at work etc. some of the topics dealt with include: Unequal treatment of women in society, at home and in the workplace, Challenges of being single and a widow and how can they support each other and Pre-menopause and Menopause symptoms and how it can be managed. They celebrated with a Brunch which they enjoyed very much. The women continue from their own personal purse to provide scholarships for deprived girls in Sierra Leone and send their used dresses and other household equipment they no longer need to support the poor in Sierra Leone. Some other clothes were sent to clothes banks to help Charities in the UK to fulfil their own charitable courses. Women also had their day with the Lord where they spend the day praying for women with many challenging issues and comforting each other in areas of challenge with their family members be it with their husbands or challenging behaviour with their children. We continue to have Sunday School for our Children to teach them Biblical Stories and the morals they can gain from those stories and helping them develop a relationship with God.
Church Planting Mission
We successfully planted a new Church in Accra, Ghana, another in Monrovia Liberia and one in Kisii, Kenya, totalling three Churches in Africa. We con nue to strengthen our churches in Sierra Leone and Brazil with seminars on safeguarding, pastoral care and leadership seminars and evangelism, discipleship seminars for church growth.
Church Complex & Media
We continue using The North Peckham Baptist church, East Surrey Grove, Peckham SE15 as our place of worship and other meetings and 24 Barfleur Lane, London SE8 3DD as our registered address. We also have online services on zoom and a free conference call prayer line. We are also using other social media pla orms to propagate the Gospel of our Lord Jesus Christ with include, Facebook, Zoom YouTube and TikTok. We were unable to meet for a month at our regular place of worship at North Peckham Baptist Church for a part of July and August 2024 because we encountered a fire accident in the building. The building is still in renovation which is not allowing us to make full use of the premises. We are sharing the basement hall with other churches which can make inconveniences for us at times.
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Ecumenical Relationships
The Word International Church continues to be a member of The Evangelical Fellowship of England and Multiply International Christian Network. We fellowship together with other churches in these networks and make financial contributions to them. We are also a part of Thirtyone:8 a Safeguarding organisation where we benefit providing pastoral care for our children, young and old people to provide a safe space for them.
Volunteers
We would like to thank all our volunteers, for their immense help in furthering the course of this charity including: Elder Khadi Koroma, Deaconess Ronnella Cole, Minister Alaine Allie Lamptay, Sister Maria Sandy, deaconess Maria Dublin, brother Jason Campbell, Brother Melchizedek Thomas and Brother Desmond Thomas Jr.
The serving members of our administration this financial year includes: Reverend Desmond Thomas Chairman Reverend Mary Thomas Vice Chair person Elder Elizabeth Cole Trustee / Admin Minister Samuel Cole Trustee / Projects Deaconess Ajara Hanson Trustee / Finance
The Word International Church
24 Barfleur Lane, London, SE8 3DD
Meeting Place
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The Word International Church
Independent Examiner's Report to the Trustees and Members
We report on the accounts of the Trust for the year ended 30 September 2024 which are set out on the annexed pages.
Respective Responsibilities of the Trustees and Examiner
The Trustees of the Charity are responsible for the preparation of the accounts; and consider that the audit requirement of section 144(2) of the Charities Act 2011 does not apply and that an independent examination is needed. It is our responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures specified in general Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act, and
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to state whether particular matters have come to our attention.
Basis of Independent Examiner's Report
Our examination was carried out in accordance with general directions given by the Charity Commission. An examination includes includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with our examination, no matter has come to our attention:
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1) Which gives us reasonable cause to believe that in any material respect the requirements
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to keep accounting records in accordance with section 130 of the 2011 Act;
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and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met;
or
- 2) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Raywin P-Cole & Co Ltd
Chartered Certified Accountants ACCA Registered Firm 131 Tivoli Road, West Norwood London SE27 0EE
30 July 2025
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The Word International Church Statement of Financial Activities for the year ended 30 September 2024
| Incoming Resources Donations Resources Expended Charitable activities Personnel Costs Motor Expenses Printing, stationery & postages Overseas/Mission Donations Telephone & Fax Church Rent & Rates Development Programme Depreciation Governance costs Accountancy Legal & Professional Fees Bank Charges Total Resources Expended Net incoming/(outgoing) resources Transfers between funds Net movement in funds Total funds brought forward Total funds carried forward |
Notes | Unrestricted Restricted Funds Funds 2024 £ £ £ 34,861 3,230 38,091 27,920 - 27,920 1,071 - 1,071 - - - - - 700 - 700 511 - 511 3,755 - 3,755 475 - 475 983 - 983 35,415 - 35,415 450 - 450 179 - 179 94 - 94 723 - 723 36,138 - 36,138 (1,277) 3,230 1,953 2,000 (2,000) - 723 1,230 1,953 10,144 14,216 24,360 10,867 15,446 26,313 |
2023 £ 33,525 24,178 878 63 1,284 - 839 2,860 1,442 1,023 |
|---|---|---|---|
| 6 1 2 1 |
|||
| 32,567 | |||
| 400 869 - |
|||
| 1,269 | |||
| 33,836 | |||
| (311) - |
|||
| (311) 24,671 |
|||
| 24,360 |
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The Word International Church Balance Sheet as at 30 September 2024
| Notes Fixed assets Tangible assets 2 Current assets Debtors and prepayments 3 Cash at bank and in hand Creditors: amounts falling due within one year 4 Net current assets Net assets Funds of the charity Unrestricted funds Restricted funds Total funds |
2024 £ 5,573 11,100 12,327 23,427 (2,688) 20,740 26,313 10,867 15,446 26,313 |
2023 £ 5,796 5,804 13,159 18,963 (400) 18,564 24,360 10,144 14,216 24,360 |
2023 £ 5,796 5,804 13,159 18,963 (400) 18,564 24,360 10,144 14,216 24,360 |
|---|---|---|---|
| 24,360 | |||
| 10,144 14,216 |
|||
| 24,360 |
These financial statements were approved by the Trustees on 30 July 2025 & signed on their behalf by:
Pastor Desmond Thomas Trustee
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The Word International Church Notes to the Accounts for the year ended 30 September 2024
1 Accounting policies
Basis of preparation
The Financial Statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities and Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities".
Incoming resources
Unrestricted Income comprises donations and is recognised on receipt basis. Restricted Income relates to donations specifically raised for the purchase of land & buildings and is recognised on receipt basis. However, the donors have agreed that that once the primary purpose has been satisfied, any surplus funds remaining will be used for the running of the Charity's ordinary activities.
Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over it's estimated useful lives based on reducing balance method.
| Motor Vehicle | 25% |
|---|---|
| Equipments | 15% |
| Fixtrues & Fittings | 20% |
| Resources Expended |
Charitable Activities
These comprise all expenditure directly relating to the objects of the Charity. Support costs are an integral part of the expenses incurred in carrying out those charitable activities, which the Charity was established to perform.
Governance Costs
Governance costs comprise the costs of running the charity, including strategic planning for its future development, also includes accountancy & legal fees and all costs relating to consnstitutional and statutory compliance.
Church Rent & Rates
At present we do not have our own property and restrictions are laid on us as to the use of the present property we are using so it is difficult to plan ahead. We are not under any fixed tenancy agreement and rent is raised at any given time. Our funds are limited at present and projects we would like to do with the youth in our community and with adults are at this time not feasible.
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The Word International Church Notes to the Accounts for the year ended 30 September 2024
2 Tangible fixed assets
| Cost At 1 October 2023 Additions At 30 September 2024 Depreciation At 1 October 2023 Charge for the year At 30 September 2024 Net book value At 30 September 2024 At 30 September 2023 3 Debtors and prepayments Debtors Sundry Other taxes and social security costs Prepayments 4 Creditors: amounts falling due within one year Accountancy Other taxes and social security costs |
2024 £ 11,100 - 11,100 - 11,100 2024 £ 450 2,238 2,688 |
Equipments £ 11,854 760 |
|---|---|---|
| 12,614 | ||
| 6,058 983 |
||
| 7,041 | ||
| 5,573 | ||
| 5,796 | ||
| 2023 £ 5,100 704 |
||
| 5,804 | ||
| - | ||
| 5,804 | ||
| 2023 £ 400 - |
||
| 400 |
5 Analysis of net assets between funds
| Equipments Current assets Debtors & prepayments Cash at bank and in hand Creditors: amounts falling due after one year At 30 September 2024 |
Unrestricted Funds £ 5,573 5,573 11,100 2,037 13,137 (2,688) 16,023 |
Restricted Funds £ - - - 10,290 10,290 - 10,290 |
Total £ 5,573 5,573 11,100 12,327 |
|---|---|---|---|
| 23,427 (2,688) |
|||
| 26,313 |
6 Trustees Remuneration included in personnel costs
Pastor Desmond Thomas was given an allowance as a full time minister. This including P.A.Y.E. & NI contributions paid over to HMRC amounted to £22,320. Pension contributions paid over to Pension Provider amounted to £1,702. Other than that, no remuneration was paid to any of the trustees and their expenses also not borne by the Trust. The remainder of the personnel cost represents allowance given to part-time support staff.
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