2024-03-31-accounts

ANNUAL REPORT

2023/24

[e-mail] [phone] worldsportministries.com

WORLD SPORT MINISTRIES

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

AS A CHARITABLE INCORPORATED ORGANISATION

World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024

CONTENTS

Page Vision, Mission & Objectives 1 General Information 2 Trustees’ Report 3 – 7 Independent Examiner’s Report 8 Statement of Financial Activities 9 Balance Sheet 10 Cash Flow Statement 11 Notes to the Financial Statements 12 – 15

World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024

VISION, MISSION & OBJECTIVES

Our Vision: A world where people find Jesus Christ in and through sport in their community.

Our Mission : To start and support sports ministry teams throughout the world.

Our Objectives:

• 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, including dignity, unity, empowerment and partnership, to all people brought into contact with the work of WSM. This is through the advancement and development of helping others establish ‘Community Sports Teams’ that use sports ministry events and processes to help reach people and develop their physical, mental and spiritual capacities. This is to enable people to grow in maturity as individuals, that their condition of life may be improved, and that they contribute positively to their local community.

• To start and support Community Sports Teams around the world that deliver sustainable sports ministry, proclaiming the gospel and encouraging discipleship through links with local churches.

Details of how the charity carries out its work:

• To provide a link between a local church and the surrounding community using sport as the medium. This involves the development of trained local Community Sports Teams.

• To provide other Christian charities with a proven tool set for running sports teams and associated activities to support their own work. This will involve partnership arrangements where appropriate.

• Advising Community Sports teams on the use of carefully supervised and paid activities such as camps for children during school holidays. These involve the development of sports-related programmes designed to encourage individual potential and reinforce the values identified in the Objects.

• Financing is provided by obtaining funds from private donors, churches, grant making trusts and various fundraising events.

1

• When further funds become available in the future this model will be extended to additional countries and also further coverage within the United Kingdom. This will involve more staff supporting the organisation to promote Community Sports Teams and also partner with other charities as appropriate.

World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024

General Information

TRUSTEES: J Webb-Peploe - Chairman

G Massey

A Sturgess-Durden

T Jones

A Melinard

PRINCIPAL ADDRESS: Weston Hub

Penn Hill Road

Bath

BA1 4EH

BANKERS: HSBC 45 Milsom Street

Bath

Somerset

BA1 1DU

ACCOUNTANT: Christiaan van Schalkwyk BFP ACA, CA(SA) Kingsgate Management Advisory Limited

7-9 North Parade Buildings

Bath

BA1 1NS

REGISTERED NUMBER: 1161465

2

World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024

TRUSTEES’ REPORT

The trustees of World Sport Ministries (“WSM”) present their report and accounts for the year ended 31 March 2024.

TRUSTEES

Trustees of the Charitable Incorporated Organisation (CIO) throughout the accounting period were Graham Massey, Jon Webb-Peploe and Alison Sturgess-Durden.

INVESTMENT POWERS

The CIO Deed (“CIOD”) authorises the trustees to make and hold investments using the general funds of the charity, but no such investments are presently held.

CONSTITUTION, OBJECTIVES & POLICY

The CIO is constituted by the CIOD and, as a Christian ministry, its objectives are to proclaim the Christian gospel based on WSM’s documented statement of faith in and through sports activities as well as promoting and assisting the level of sports participation opportunities and facilities to improve the general welfare of young people.

The CIO raises a lot of its income from the donations of the charity’s supporters. Added to this have been various sources of grant funding and some event fundraising.

Day to day responsibility for the operation of the WSM office functions and organisation of paid and voluntary staff is delegated to a Central Operations Team overseen by the board of Trustees.

Community Sports Teams are to be set up as separate entities focusing on their localities, but agree to abide by the WSM code of conduct, which gives them access to a range of support services from the Central Operations Team and the right to use the WSM name.

2023 ACTIVITIES & ACHIEVEMENTS

2023 was a year of sustained progress. We are grateful to God for how key elements of our work at WSM was upheld and for areas of significant growth. Our localised ministry in the UK continued to engage with many young people and overseas, more teams were planted in new areas resulting in additional leaders being trained and precious people being reached and impacted in hundreds of different communities.

UK MINISTRY

Currently, we are functioning in three areas of the UK: Bristol, Bath and Poole. Most activity remains to be close to where we are based in Bath and Bristol, with volunteers from those Community Sports Teams and central staff delivering outreaching concepts in a fun and engaging way. Below is an overview of how we have done that in the past 12 months.

3

World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024

YOUTH SPORTS LEADERSHIP DEVELOPMENT

Teenagers in Bristol, Bath and Winford were ‘journeyed with’ throughout the year via this crucial concept of discipling, mentoring and upskilling young people through experiential leadership development. A variety of monthly group sessions, community service projects, adventure days, youth socials and some 1 on 1 mentoring helped grow approximately 40 precious young people.

SPORTS CAMPS

Our local teams staged 14 different sports camps within 2 different local areas totalling 47 days of camp throughout the year. Coaches, adult volunteers and teenage young leaders were trained to deliver experiential learning linked to daily themes from curriculums that we had written. It was so good to see 965 children attend in total with 244 of them choosing to begin following Jesus or make a deeper commitment to Him.

SCHOOLS WORK

We trained and mentored 14 coaches to serve in 20 schools through 86 sessions each week that were varied between PE lessons, extra-curricular clubs and 1 on 1 mentoring.

1,400 children were impacted through our ‘whole-life coaching’ where coaches experientially taught life skills through sports drills using Christian values. We also staged another 2 school missions where entire schools were engaged through a themed day with a delivery team of coaches and volunteers.

SPORTS HUDDLES

Creating a space for children that have come to faith or would like to discover more is important and so our Sports Huddles continued in two different areas in Bath. Staged weekly in partnership with some local churches, children experientially grew in faith and still got to play sport!

SUPPORTING THE DISADVANTAGED

Thankfully the Lord provided through some of our fundraising efforts and we were able to bless many young people from disadvantaged backgrounds to attend school sessions, sports camps and youth sports leadership programmes as well as partner with others nearby to deliver direct activity to those who just cannot afford localised sport.

4

World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024

INTERNATIONAL MINISTRY

We continued to partner with experienced or newly established teams and leaders in 18 different nations last year. (Benin, Burundi, DRC, Guinea, India, Kenya, Liberia, Malawi, Nepal, Pakistan, Philippines, Rwanda, Sierra Leone, Tanzania, Togo, Uganda, Zambia & Zimbabwe)

It was largely a year of mentoring our partnering teams by strengthening a team of International Core Mentors who not only focused on growing their own ministry team’s outputs, but also journeyed with newer teams and leaders to help them too. This mentoring included visits, meetings, observations, bespoke training and financial support.

We also visited and took UK leaders to two of our partnering teams on mission in Kenya and Burundi. It was an incredible experience to learn from their models of ministry, meet leaders and their families, help reach many people with them and train leaders in areas of need.

Summary

Here is a top line overview of what we saw the Lord do in the past 12 months:

Looking Ahead – 2024-25

We are very grateful for the past year, but ambitious to make more of a difference and see many more lives change and be influenced for good in the next year and beyond.

For this to happen, our focus will be:

1. Enhancing Prayer Cover

2. Widening the reach of new people groups in new places locally and internationally.

3. Strengthening existing teams and leaders with effective mentoring and training

4. Growing our staff and financial resources to help achieve the above three.

5

World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024

Financial Review

The trustees consider the performance of the charity, as detailed on pages 9 to 11, to be satisfactory and the continuation of donations has made it viable. There were 7 paid employees during the year ended 31 March 2024 (31 March 2023: 6).

The major income derives from services delivered with donations from supporters and grant making trusts also important and needing to increase in 2024/25 to drive growth into prioritised areas such as ministry to disadvantaged people, that are not self-funding. The funds allow the Trust to continue its activities and achieve its primary goals for the coming year. The timing of events and activities can result in short-term fluctuations in cash and net funds positions. Cash balances are closely monitored for these short-term fluctuations and the cash balance as at 31 March 2024 allows the Trust to meet its obligations. For this reason, the trustees have adopted the going concern basis in preparing the financial statements.

Statement of Trustee Responsibility

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 charity is entitled to prepare accounts on the alternative receipts and payments basis). In preparing financial statements that give a true and fair view, the trustees should follow best practice and:

• Select suitable accounting policies and apply them consistently;

• Observe the methods and principles in the Charities SORP (FRS 102);

• Make judgements and estimates that are reasonable and prudent;

• State whether applicable accounting standards and statements of accounting practice have been followed, subject to any departures being disclosed and explained in the financial statements; and

• Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping the accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy the financial position of the charity and enable them to ensure the financial statements comply with applicable laws and regulations. They are also responsible for safeguarding the assets of the charity and hence take responsible steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

The trustees 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.

6

World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024

Statement as to disclosure of information to the Independent Examiner

So far as each trustee is aware, there is no relevant audit information of which the charity’s Independent Examiner is unaware.

Each trustee has taken all the steps (such as making enquiries of other trustees and the Independent Examiner and any other steps required by the trustee’s duty to exercise care, skill and diligence) that he or she ought to have taken in his or her duty as a trustee in order to make himself or herself aware of any relevant audit information and to establish that the charity’s Independent Examiner is aware of that information.

Approval

This report was approved by the trustees on 10 December 2024 and signed on their behalf.

Jon Webb-Peploe

Trustee – Chairman

7

World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF WORLD SPORTS MINISTRIES

I report on the accounts of World Sports Ministries for the year ended 31 March 2024, which are set out on pages 9 to 15.

Respective responsibilities of the Trustee and the Examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charity’s Act 2011 (“the 2011 Act”) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:

• Examine the accounts under section 145 of the 2011 Act;

• Follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act; and

• State whether particular matters have come to my attention.

Basis of Independent Examiner’s Statement

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

• 1) which gives me reasonable cause to believe that in any material respect the requirements:

• to keep accounting records in accordance with section 130 of the 2011 Act; 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 my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Name: Christiaan van Schalkwyk, BFP ACA, CA(SA) Address: Kingsgate Management Advisory Limited

7-9 North Parade Buildings

Bath BA1 1NS

Date: 10 December 2024

8

World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024

SUMMARY OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

9

World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024

The notes on pages 12 to 15 form part of these financial statements.

The financial statements and associated notes (which form part of these accounts) on pages 12 to 15 were approved by the Trustees on 10 December 2024.

Jon Webb-Peploe Trustee – Chairman

10

World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024

11

World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES

The financial statements have been prepared in accordance with applicable accounting standards in the United Kingdom, the Statement of Recommended Practice (SORP) “Accounting by Charities” and the Charities Act 1993 as amended by the Charities Act 2011.

The financial statements are prepared on the going concern basis and the accounting policies have been consistently applied, other than where new policies have been adopted

(a) Accounting convention

The financial statements are prepared under the historic cost convention, on an accruals basis .

(b) Extent of Operations

The financial statements have been prepared to include all funds directly under the responsibility of World Sports Ministries. These operations are described in the Trustees’ Report.

(c) Funds

Following the requirements of the Statement of Recommended Practice all the funds of the charity have been analysed over the relevant types of funds, which are:

Restricted Funds

Restricted funds are those where the donor has imposed restrictions on how the fund may be used, but which do not prevent the fund being spent. During the year ended 31 March 2024, £26,108 was received in respect of restricted funds (31 March 2023: £1,800).

Unrestricted Funds

Unrestricted funds are those which are not subject to any special restrictions and they can be used as the Trustees decide.

(d) Income

Donations received are accounted for on a receipts basis. The related tax credit on any donations received is accounted for on an accruals basis once the donation has been received.

All other income is accounted for on an accruals basis.

(e) Tangible Fixed Assets

Fixed assets are recorded at cost of purchase less accumulated depreciation. The charity generally capitalises assets which meet or exceed a de minimus value of £250 and are likely to have a useful economic life of more than one year.

12

World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024

(1) ACCOUNTING POLICIES (continued)

(f) Depreciation

Depreciation of fixed assets is charged monthly commencing in the month of acquisition at rates estimated to write off their cost, less any estimated residual value, over their expected useful lives. All assets are depreciated on a straight line basis with an assumed economic life of between three and five years.

(g) Resources expended

Expenditure is recognised when a liability is incurred.

• Charitable activities include expenditure associated with achieving the charitable objectives and activities of the charity.

• Costs of generating funds are those costs incurred purchasing items for re-sale.

• Governance costs include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements.

• Support costs include central functions and have been allocated to activity cost categories.

(h) Taxation

The Charitable Incorporated Organisation (CIO) is a registered charity and is accordingly exempt from taxation on its charitable activities.

2. OPERATING SURPLUS

The Operating Surplus is stated after charging:

----- Start of picture text -----
13
----- End of picture text -----

World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024

The average number of full-time equivalent employees was 6 during the year ended 31 March 2024 (31 March 2023: 5).

4. RESOURCES EXPENDED

All expenditure has been classified as charitable activities expenditure and includes costs of running events, mostly in schools and camps. Support costs have been fully allocated to charitable activities expenditure.

There are limited costs of generating funds as the majority of donations derive from repeat donations from supporters of the charity. No governance costs have arisen as Trustees do not incur expenses in the course of the charity’s governance activities.

14

World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024

WORLD¢J SPORT MINISTRIES 8. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOWS FROM OPERATING ACTIVITIES 2023124 2022123 Nel movemenl in funds Deprecialion charge for the year Decrease I Ilncreasel in debiors Increase I (Decrease) in creditors Net cash flows from operating actlvities 8.124 275 8,507 23.530 6,624 (28,0871 216 4.755 13.669 9,447 9. TRUSTEES None of the Iruslees feceived any fees for Iheif servlces as Trustees. During Ihe year, the Trustees, and those deemed felated partles, made dOna￿on5 to World Sport Mini51rfes lolalling £9.600 {2022123 £9,700) 15 World Sport Ministries Annual Report and Financial Statements Year Ended 31 March 2024