WORLD¢J SPORT MINISTRIES WORLD SPORT MINISTRIES REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 AS A CHARITABLE INCORPORATED ORGANISATION
WORLD SPORT MINISTRIES CONTENTS FOR THE YEAR ENDED 31 MARCH 2021 CONTENTS Pag• Vlslon, Misslon & Objoctlves Genfyral Inlormation Trustees, Report Independ?nt Exarningr's Report Ststsment of Financial Actlvltlos 8alance Sheet 10 Cash Flow Stat•mént 11 Notès to the Flnancial Statsmants 12-15 Worfd Sport MiniBtries Annual R$wrt and FIn{ma1 stat*Th Yeer Ended 31 March 2021
WORLD SPORT MINISTRIES VISION, MISSION & OBJECTIVES FOR THE YEAR ENDED 31 MARCH 2021 Our Vlslon: A worfd where peopl8 find Jesus Chrisl in and through sport in their communty. Our Mission: To slart and support sikns ministy teams throughout the world. Our Objodlves: The advancement of the Christian faith throughout the world to all people by means of proclaiming the gospel of Jesus Christ and using sport to positively impact communities in collaboration with local churches. To demonstrate, promote and encourage Christian values. Induding dignity, unity, empowerment and partnership, to all people brougm into contact with the work of WSM. This is through the advancement and development of helping others estsblish 'Community Sports Teams, that use sports ministry 8vents and processes to help reach people and develop their physical, mental and spiritual capacities. This is to enable people to grow in maturity as individu81s, that their nditIOn of life may be improved, and thatthey contribute positively to their local communty. To stsrt and support Communty Sports Teams around the worfd that dellver sustainable sports minlstry, proclaiming the gospel and encouraging discipleship through links with local churches. Details of how Ihe chartty carrfes t its WOTk'. To provide a link beeen a local ¢hurGh ar¢d the Suound1ng rA)mmunity using sport 88 th8 medium. This inVoeS the development oftrained local Community Swrts Teams. To provide other Christian charities with a proven tool set for Nnnlng sport8 te8ms and assoclated aotiviti88 to Support their own work. This will involve partnership arrangements where approprlate. Advising Community Spotts teams on th6 use of carefully sUPeIsed and pald activiti8S such as camps for children during school holidays. These involve the development of sports-related programmes designed to enUrage indlvidual wtential and reinforce the values identified in the Objects. Financlng is provided by obtaining funds from privale donors, churches, grant making trusts and various fundraising events. When further fttnds become available in the future this model will be extended to additional countries and also further coverage wthill the United Kingdom. This will involva more staff supporting th8 organisation to promote Community Sports Teams and also partner with other charities as appropriate. Worfd Swrt Ministries Annuyl Repcrt FinarKl Statsmènls Year Ended 31 Mqrch 2021 Page 1
WORLD SPORT MINISTRIES GENERAL INFORMATION FOR THE YEAR ENDED 31 MARCH 2021 General Information TRUSTEES: G Massey- Chaiman J Webb-P8ploe A Sturgess-Durden PRINCIPAL ADDRESS: 1A Forum Buiklings St James Par8de Bath BA1 1UG BANKEFiS.. HSBC 45 Milsom Street Bath Somerset BA1 10U ACCOUNTANT". Jake Wright ACA 14 Newbridge Hill Bath BA13PU REGISTERED NUMBER". 1161465 Spmxt Mlnistri8s Annual Rery)rtand Financlal Statements Year Ended 31 MaTch 2021 Page 2
WORLD SPORT MINISTRIES TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2021 Thè trustees of World Sport Ministries (°WSM") present their report and accounts for the year ended 31 March 2021. Trustees Twstees of the Charitable Incorporated Organisation {ClO) throughoul th8 accounting period were Graham Massey. Jon WebtrFPeploe (appointed 8th June 20201 and Alison Sturgess- Durden. Investment Powers The CIO Deed {'CIOD"} authorises Ihetruslees to make and hold investments using the general funds of the charity, but no such investments a presently hekl. Constltution, Objectives and Pollcy The CIO 1$ constituted by the CIOD and. as a Christian ministry, its objectives are to proclalm the Christian gospel based on WSM'S documented ststement of farth in and through sports activrtlgs as well as promoting anij assisting the level of sports participation opportunities and facil(iies to improve the general weware of young people. The CIO raises a lot of its income from the donats'ons of the chartvs supporters. Added to this have b9en various sources of grarrt funding and some event fundraising. Day to day responsibility for the operation of the WSM Offi functions and organisation of paid and voluntary staff Is delegated to 8 Central Orwationg Team overseen by trle board of Trusle8S. Community Sports Teams are to be sel up as separate enti118s focusing on their localities, but agree to abide by th& WSM code of conduct, whlch gives them aGcess lo a range of support services Irom the C8ntral Operations Team and the right to use the WSM name. 2021 Activities and Achievements We set exuting plans prfor to the beginnlng of our 'new year,, without realising what was to come in the fomi of the Coronavinjs pandemic. Like most others. many of our plans and aspirations were put on hoid as 3 difforent govemmenl lockdowns took things out of our hands and dramatically reduced our abillty lo sarve communities and re8ch people Ihroughoul the wortd and partlcularfy at'home, in the UK. That said, God works all things for good and we are very grateful for what we were able to, how we could adapt to the restrictions in place and the 'extrd lime, we had to train and mentor new teams and leaders internationally. World Sport Mlnisthes Annual Rwjort arNJ Finandal St*ments Year Ended 31 Marth 2021 9e3
WORLD SPORT MINISTRIES TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2021 UK Ministry Covid-19 severely hampered what we werg able to do throughout the entirety of the year. SCHOOLS National IoGkdowns meant Ihat cyjr schools programme where we were working wilh 1,100 ¢hildren every week through a combination of PE lessons and extra-ujrricular clubs linking sports drills to life skills was curtailed as children were sent home or 'outsiders' were not permitted in as schools deployed strict year group 'bubbles.' That meant that we got creative and had our coaching team create more than 50 'At Home. mini skills sessions for schools to use and for children and parents to do in their garden or living room. YOUTH SPORTS LEADERSHIP We did likewise with our Youth Sports Leadership group. where we engaged with teenagers online to develop and menlor them,. we loved seeing the yOLrth themselv6s develop digital content for the programme as well as for yourwJer children within our neork. CAMPS Sadly, we uldn't stsge any of the 12 sports camps that we had planned to deliver during school holidays. Inste&l, we produced and made available 'AI Home, video dips to help inspire children. keep them active and engage their minds during an uneasy tlm8 of decreasing physical activity and increasing mental health issues. We were able to serve a local school by running a mini-camp on sile for the chihjren of 'Key Workers, during the height of the pandemic on tsvo separate occasions- what a joy it was to engage with these children and provide chIld-ca for parents serwng our county on the front line in desperate times. COMMUNITY For some of the Autumn and wnter of 2020 when restrictions were eased, we were able to stage spotts sessions for young people in local parks. Parents and children alike were thrilled to 'come back out to play.. and the need to engage wsth young people to aid them physically, mentally, emtionally and spiritually was essential. International Ministry Despite Covid-19 scaling the earth In 2020121. our intemational ministry network grew tremendou51y through new and continued partnershlps. Thankfvlly, coronavirus didn't reslriel all n81ions the same, meaning a lol of the ministy's work in parts of Africa wa$ able to function and flow at certain points of the year. In fact. actlvities still saw more than 180,000 people impacted actively with the good news of Jesus- wonderfulty. 7.982 of them chose to begin a relationshlp with Him. We thank God. Our mulllplwng model of community Sports Team developmenl witnessed the growth of t8ams from 85 the previous year to a now healthy 120 teams. These teams are within 17 different nations, up from 9 in the past year due lo the time we had to intentionally process partnering OPKthunilies and then deliver online team and leadership training. New nations that we have started ministry partnerships are.. Togo, Benin, Guinea, Liberia, Tanzania. Rwanda. India and the Philippines. wor Sprrt Ministiies Annual Repcrt and FinanLyal Ststemerts Year Ersded 31 March 2021
WORLD SPORT MINISTRIES TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2021 Summary In a year diswpted lik8 no other in our lifetime, we are so grateful to God for such growth. When it became difficult to 8Ctiv8ly engage with our local area and the UK itself. the Lord opened dcx)rs for us to equlp others who were able to reach peo8. What we do grew.. From 10 nations to 17 nations From 85 teams to 120 teams From 850 leaders Irained lo 1.557 trained From 70,000 people impacted to 182.000 impacted Thank You LONJ. Looking Ahead - 2021-22 Our 2021122 plans are partly dependent uwn what we are peThitted lo do with some covid-19 related resth'ctions still in pla, limiting wide-spre8d engagement and rtainlY international Ir8vel. That said. we have learned in this past year that Gcxy can m8ke a way when there seems no way. Therefore. we are working hard and laying foundations through fundraising, volunteer recrultmenl, leadership training and materials arKI tool production to be able to grow our reach and impact locally and intemationally over the next 12 months. Our heart is to.. Grow ourthildren's reach by serwng more schools, delivering mor8 sessions with more coaches. As well a8 thls we aim to stage a growing number of rAmps in 3 different cities and implement discipleship huddles for willing children to grow in their faith. Reach into more dis8dvantsged communitios in the Bristol and Bath area by partn&ring with othars and providing sport, food and opportunitios in tsrgeted communities. Strengthen intemational teams through a new mentoring scheme and 8 'Training of Trainers, programme. Mult[Y our work through partnership Into 8 rEw nations. Wortd Sport M*nistrie5 Annu21 Rgport and Finanoal Statements Y88r Ended 31 Marth 2021 Pa98 5
WORLD SPORT MINISTRIES TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2021 Flnancial Review The trustees consider the performance of the charity, as detailed on pages 9 to 11, to be satisfactory 8nd the continuation of donations has made it wable. There were 3 paid employees during the year ended 31 March 2021 (19120.. 3). The major income derives from serVIS delivered with donations from supporters and grant making tnts also Im[ant and needing to increase in 2021122 to drDie growth intr) prioritised areas suth as minigtry to disadvantsged people, that are not self-ndIng. The funds allow the Trust lo continuo its activities and achieve its primary goals for the comlng year. The timing of events and activities Can result in short-temi fiuctuations in cash and net funds positions. Cash balanc8s are closely monitored for these short-term lluctuations and tho cash balance as at 31 March 2021 allows the Trust lo meet its obligations. For thls reason. the Irustees hav6 adopted the going COnM basis in preparlng the financial statements. Statement of Truste8 Responslbility The trustees are required under the Charities Act to prepare financial statements for each financial year which give a true and fair view of the charity's activities during the year, and of its financial position at the end of the year (unless the charty is entitled to prepare accounts on the alternatlV8 receipts and payments basis). In preparing financial ststemgnts that give a true and fair view. the trustees should follow best practice and.. Select suitable acuntIng policies and apply them consistendy,. Observe the methods and principles in the Charities SORP (FRS 102); Make judgements and estimates that are reasonable and prudentr stste whether applicable accounting standards and statements of accounting practice have been followed. subject to any departu$ being disclosed and explained in the finanGial statements; and Prepare the finandal statements on 8 gotng concem basis unl8SS it is inappropfi8te to presume that the charity will continue in 0ration. The trustees are responsible for keeplng the accounting records that are sufficient lo show and Èxplain the charity's transactions and dlsclose with reasonable accuracy the financial position of the charity and enable them to ensure the financlal statements comply with applicable laws and regulations. They are also resp)nslble for safeguarding the assots of the charity and hence lake spOnSible steps for the prevenb'on and detection of fraud and other irregularities. The trustees are responsible for the Maintenan and integrity of the corporate and fin8ncsal infomiation included on the charity's website. Legislatlon in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. The twstees will also ensure that health and safety policies are in place. The trustees will also undertake an annual pay review of the charity's staff and ensure that management appraisals are undertaken. W¢rfd Sport Minislrres Annual Rerxrft and F+naTr£xo1 Ststsment$ Year Endod 31 March 2021 Page 6
WORLD SPORT MINISTRIES TRUSTEES, REPORT FOR THEYB4R ENDED 31 MARCH 2021 Statement as to disclosure of inforniation to the Independent Examiner So far as each trustee is aware, there is no relevant audit inf0mtiOn of whlch the charity's Independent Examiner is unaware. Eath trustee has taken all the steps {such as making enquiries of other Iruslees and the Independent Examiner and any other steps required by the Iwstee's duty to exercise trare. skill and diligence) that he or she ought to have takèn in his or her duty as 8 trustee in order to make hlmself or herself aware of any relevant audit information aThJ to establlsh that the charity's Independent Examiner is aware of that infomab"on. Approval Thls report was ved by the trustees on 17 January 2022 and signed on their behalf. Graham Mas Trustsg- mian WorbJ Sport Ministries An[al Report and Flnandal Statents Year Ended 31 Mar¢h 2021 Paga 7
WORLD SPORT MINISTRIES INDEPENDENT EXAMINER'S REPORT ON THE AcCourS FOR THE YEAR ENDED 31 MARCH 2020 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WORLD SPORTS MINISTRIES I report on the accounts of Worfd Sports Ministries for the year ended 31 March 2021, which are set out on pages 9 to 15. Respgctlve responslbllltlfrs of tho Trust•8 and the Examlner The charitys trustees are responsible for the preparation ofthe atwunts. The charity's trustees Consider that an audit is not required for this year under section 144{21 of the Charty's Act 2011 {'Ihe 2011 Act.) and that an independent examination is needod. Havlng satisfied myself that the charity Is not subject to an audit under company law and is eligible for independent examinatton. it is my responsibility to.. Examine the accounts under section 145 of the 2011 Act.. Follow the procedures 18id down in the General Directions given by the Charlty Commissionars undpr section 145151{b} of the 2011 Act,. and Stat8 whether parbcular matters have come to my attention. Basis of Independent ExamlneV5 Statgment My examination was carried out in accordance with the general Directions glven by the Charity Commlssion. An examination includes a review of the acVntig records kept by the charity and a cornp8rison of the accounts presented with those reGords. It also indudes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the ewdence that would be required in an audit and consequently no opinton is given as tr) whether the accounts present a Inje and fair view, and the report is limited to Ihose matters set out in the statement below. Independent examingff s stat•rnont In connection Vth my examination, no matter has corne to my attention: 1 } which gives me reasonable cause to believe that in any material respecl the requirements.. to keep accounting records in acc£)rdance with section 130 of the 2011 Act.. and lo prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met" or 21 to which. in my opinÈon. attention should be drawn in order to enable a prOr understanding of the 8Lxounts to be rea¢hed. N2me'. Address.. Jake Wright, ACA 14 Newbridge Hill Bath BA1 3PU Date.. 17 January 2022 World Sport Ministrfes Annual Report and F5arlE1 Statements Ye8r Ended 31 March 2021 Pagt 8
WORLD SPORT MINISTRIES SUMMARY OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021 Notes 2020121 2019120 Incomo Restricted Funds Donations Unrestricted Funds Donations Charitable Activities Grants CIRS Granl Total 9,060 40.083 29,804 2.000 53.088 134,035 31,172 154,171 185.343 Resources Expended Raising Funds Charitable Activities Total 1630) 113315 113.945 (630} 178,843 179473 Net movemenl In fund$ for the year 20.090 5,870 Total Funds brought f(¥ward 297 Total Funds carrled forward 26.257 There are no other gains or losses apart from those recognised above. All transactions derive from continuing activities of the Charty. The notes on pages 12 to 15 form part of these financial statements WorK1 Sport Mini3trie$ Annual RFWrt and Finanaal Slatemsnls Year Endfyd 31 Marth 2021 Page 9
WORLD SPORT MINISTRIES BALANCE SHEET AS AT 31 MARCH 2021 Notes 31 March 2021 31 March 2020 Fixod Assets Tangible assets 479 Current Assets Debtors Cash at Bank & In Hand Total Current Assots 12,422 34,119 46,541 8,407 10,952 19.359 Credltors Amounts falling due within one year 13,671 Net Current Assets l (Liabllltles) 26.257 5,688 Net Assets Represer¢ted by: Restricted Fund Unrestricted General Fund Total Funds 8.010 6,167 6.167 The notes on pages 12 to 15 fomi part of these financsal statements. The financial statements and associated notes (which fomi part of these a¢unts) on pages 12 to 15 were approved by the Trustees on 17 January 2022. Gr8ham Mas Trustee Wortd Sport Ministrie8 Anny81 Rtrport and Flnancial statt8 Yaar Ènded 31 Match 2021 Page 10
WORLD SPORT MINISTRIES CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2021 Notes 2020r21 2019120 Cash generated from operallng activities 23,167 8,622 Cash flows from Investlng a¢tlvftios Purchase of tangible fixed assets Increa8e In ¢ash In the year 23,167 8,622 Cash at the beginning of the year Cash al the end ol tho yoar wor Sport MinisbS68 Annual ReprrtAnd Fknanoal Statetnents Year Endod 31 Marth 2021 Page11
WORLD SPORT MINISTRIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 1. ACCOUNTING POLICIES The financial statements have been prepared in accordance with applicable accounting standards in the United Kingdom, the Statement of Recommended Practice ISORP) -Accounting by Charities" and the Char¢ties Act 1993 as amended by the Charities Act 2011. The financial statemènts are prepared on the going nCern basls and the accounting policies have been tonsislently applied. other than where ngw Folicle8 have been adopted {al Accountlng convention The financial statements are prepared under the historic cost convention. on an accnRls basis. Ib) Extent of Operatlons The financial statements have been prepared to Indude 811 funds directly under the responsibility of Wodd Sports Ministri8s. These operatlons are described in the Trustees, Report. (c} Funds Following the requirements of the Ststement of Recommended PrdCli all the funds of the charity have been analysed over the relevant types of funds, which are.. Restrlcted Funds Restricted funds are those where the donor has imposed restrrctions on how the fund may be used. but which do not prevent Ihe fvnd being spent During the year ended 31 Mah 2021. £9.060 was received in respect of restricted funds {31 Mar¢h 2020.. £nll). Unr•Btrictod Funds Unrestricted funds a those which are not subject lo any Special restiictions and they can be used as the Trustees decide. (d) Incomé Donations receNed are accounted fcf on a r8ceipts basis. The related lax credit on any donations received is acwunted for on an 8ccruals basis once the donation has been received. All other income Is aCcjnted for on an accruals basis. lel TangIb Flxod Assets Fixed assets arg recorded al cost of purchase less accumulated depreciation. The charity generally capilalises assets which meet or exiEed a de minlmus value of £250 and are likely lo have a useful economic life of more than one year. {fj Depr•¢ialion Oepreciation of fixed assets is charged monthly commgncing in the month of acqui$ition at rates estimated to write off thoir cost, less any estimated residual value, over their expected useful lives. All assets are deprecialed on a straight lirse basis with an assumed e(x>nomic life of ttveen three and five years. World Srt Ministrt&s Re[rtand FIn¢ StaleTrKnts Year Er¥led 31 Manh 2021 Py12
WORLD SPORT MINISTRIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 {11 ACCOUNTING POLICIES (¢ontlnued} {g) Resour¢gs expendod Expenditu 1$ recognised when a liability is incuThed. Charitable activities include expenditure associated with ach¢eving the tharitsble objeclives and activities of the charity. Costs of generating funds are those costs incurred purchasing items for ro-sal8. Govemance (r)Sts indude those incurred in th8 govemance of the charity and its assets and are primarily associated with constitutional and statutory requirements. Suppcrt costs include Central functions and have been allocated to activity cost categories. {h} Taxation The Charitsble Incorpordted Organi5ation ICIOI is a registered charity and is accordingly exempt from taxation on its charitable arbvitt8S. 2. OPERATING SURPLUS The Operating Surplus is stated 8fter charging: 2020121 2019120 Tnjstees, MuneratiOn Doprecialion 479 515 3. STAFF COSTS 2020121 2019120 Wages & Salaries N8tional Insurance Pension Contributlons Total 88,903 8,673 92.810 6,236 2,231 101277 The avera number of full-tim8 equivalent employees was 3 during the year ended 31 March 2021 (2010120: 3). 4. RESOURCES EXPENDED All expenditure has been dasslfled as charilable 8ckn'vities expenditure and includes costs of running events, mostly in schools and camps. Support costs have been fully allocated to charitabl8 activities exponditure. There are limlted Costs of generating funds as the majorty ()f donatlons derive from repeat donations from supporters ofthe chaiity. No governan costs have arisen as Trustees do not incur expenses in the ¢OUTse of the charity's 90manCe activiti'es. Worfd Srort Mlnistries knnual R8POrtafid Financkyl Stat8Tr*nts Yo8r Er¥J8d 31 MHrth 2021 Ptye13
WORLD SPORT MINISTRIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 5. TANGIBLE FIXED ASSETS Cost brought forward as at 1 April 2020 Additions Cost Carrled forward as at 31 March 2021 1,546 Accumulated depreciation as at 1 April 2020 Charge for the year Accumulated dopr•¢lation as at 31 Mtth 2021 Net book value as at 31 Mah 2021 Net book value as at 1 April 20120 1.067 479 1,546 479 6. DEBTORS 31 Mar¢h 2021 31 March 2020 Re1Vable$ Prepayments l Accru&Y Income Total 10,924 1.498 6.841 7. CREDITORS: Amounts falllng due wlthln one year 31 March 2021 31 March 2020 Accounts Payable Accruals Social Security Costs Deferred I Pre-Paid Income Pension Payable Totsl 1.322 715 2,221 16,026 3.590 5,722 1,463 452 13.671 Worfd Sport Annual Report and Finanual Staternts Yaar Ended 31 Marth 2021 P8g8 14
WORLD SPORT MINISTRIES NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 8. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NEf CASH FLOWS FROM OPERATING ACTIVITIES 2020121 2019120 Net movement in fiJnd$ Depreciation charg6 for the year Ilricreasol l Decreasè in deblors Increase I IDecreasel in creditors Net cash flovro from operatlng a¢tlvttlos 20,090 479 la&0151 5,870 515 2,837 600 9. TRUSTEES None of the tnjstees reiVed any fa8s for their services as Trustees. During the year, the Trustees, and those deemed related parues, made donatlons to Wixld Sport Ministries totalling £12.050 (2019120.. £4,200}. Worfd Sport MSn48trfj8s Annual Report and Flnancial StaterTths Y8aF Endwj 31 March 2021 Pagè 15