## **Trustees’ Annual Report for the period**
## **From APRIL 2023 TO APRIL 2024**
**(** 06/04/2023 - 05/04/2024)
**Charity name: WORLD OUTREACH SAVIOUR INTERNATIONAL BIBLE MINISTRIES WORLDWIDE.**
## **Charity registration number:1186545**
## **Objectives and Activities**
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SORP reference
Summary of the purposes of Para 1.17 THE ADVANCEMENT OF THE
the charity as set out in its CHRISTIAN FAITH FOR THE BENEFIT
governing document OF THE PUBLIC IN THE UNITED
KINGDOM AND THE WORLD IN
ACCORDANCE WITH THE STATEMENT
OF BELIEFS OF THE CHURCH
THROUGH THE HOLDING OF PRAYER
MEETINGS, LECTURES, SEMINARS
AND CONFERENCES, PUBLIC
CELEBRATION OF JESUS CHRIST,
PRODUCING AND/OR DISTRIBUTING
LITERATURE ON THE GOSPEL OF
JESUS CHRIST.
Summary of the main Para 1.17 and General advancement of Christian faith
1.19
activities in relation to those and education through the teaching of
purposes for the public the word of God, distribution of
benefit, in particular, the Christian resources. Online seminars,
activities, projects or teachings, and conferences to enhance
services identified in the and support people from all walks of
accounts. life.
The charity was able to organise
programmes for parents and carers in
the community. The charity organises
programmes that fosters compassion,
unity and general wellbeing of the
public.
Statement confirming Para 1.18 The church has read the Charity
whether the trustees have Commission guidance on public benefit
had regard to the guidance and is very satisfied that above
issued by the Charity activities proves that the charity is
Commission on public providing any benefit to the public.
benefit
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## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference Para 1.38
|Policy on grant making|||
|---|---|---|
|Policy on social investment
including program related
investment|Para 1.38||
|Contribution made by
volunteers|Para 1.38|**The charity is run by volunteers and no**
**payment or allowance is given. The**
**volunteers are happy to serve humanity,**
**and they demonstrate this commitment.**|
|Other|||
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**The church and the trustees recognised**
**that success cannot be measured only**
**by financial or material things but also**
**by less tangible things like**
**encouragement, moral support,**
**fellowship, and many others. Our online**
**teachings and regular programmes are**
**great proofs that the public benefitted.**
**The church had more online followers**
**and many also contacted us for**
**counselling and proper guidance, in line**
**with the principal purpose of the church.**
**In addition to the above, the charity now**
**meets on site and carries out activities**
**that brings community together,**
**especially parents, where we share**
**ideas and opinion on how to support**
**our children better.**
**As a charity, we support the society by**
**reaching out to the elderly in developing**
**countries like Nigeria, giving them some**
**welfare packages.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41||
|---|---|---|
||||
|Performance of fundraising
activities against objectives
set|Para 1.41||
|---|---|---|
|Investment performance
against objectives|Para 1.41||
|Other|||
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|Review of the charity’s
financial position at the end
of the period|Para 1.21|**The charity was better off financially this**
**year than previous years. The charity’s**
**plan on how to raise funds is still in**
**place to help us with our community**
**driven initiatives and public benefits.**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|At**World Outreach Saviour**
**International Bible Ministries**
**Worldwide (WOSIB Ministries**
**Worldwide)**, we maintain reserves as a
vital part of our financial strategy to ensure
the long-term sustainability and stability of
the organization. These reserves are held to:
**1.Ensure Financial Stability**: Reserves
provide a financial cushion that enables us
to continue our operations during periods of
unexpected financial shortfalls or economic
downturns. This ensures that we can
continue to fulfil our mission and support
the communities we serve without
interruption.
**2.Meet Emergency Needs**: In case of
unforeseen events or emergencies, such as
natural disasters or urgent community
needs, the reserves allow us to respond
swiftly and effectively, providing
immediate support and assistance.
**3.Support Long-Term Projects**: Reserves
enable us to plan for future projects,
expansions, and initiatives, ensuring that we
can invest in our mission and sustain
growth over time.
**4.Maintain Operational Continuity**: The
reserves also help us manage cash flow
gaps between income and expenditure,
ensuring that there is sufficient funding to|
cover ongoing operational costs such as staff salaries, utilities, and essential services. At **WOSIB Ministries Worldwide** , we believe that maintaining reserves is a prudent financial practice that supports our stewardship responsibilities and helps us honour our commitment to the communities we serve. Amount of reserves held Para 1.22 **£100** Reasons for holding zero Para 1.22 reserves. Details of fund materially in Para 1.24 deficit Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern **Financial Review**
**Additional information (optional)** You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|**The Charity’s principal source of funds**
**is the freewill offering and or tithe**
**collected during physical or online**
**services. We have few individuals who**
**donated funds to the charity.**|
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document|Para 1.25|**Constitution.**|
|(trust deed, royal charter)|||
|---|---|---|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO-Association.**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**The Chair Rev Ibukun Joseph Oluwagbemiro**
**appoints trustees.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s organisational
structure and any wider Para 1.51
network with which the
charity works
Relationship with any related Para 1.51
parties
Other
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## **Reference and Administrative details**
|Charity name|WORLD OUTREACH SAVIOUR INTERNATIONAL BIBLE
MINISTRIES WORLDWIDE.UK.|
|---|---|
|Other name the charity uses|WOSIB MINISTRIES WORLDWIDE.|
|Registered charity number|1186546|
|Charity’s principal address|HUMPHREY PARK COMMUNITY CENTRE, HUMPHREY
LANE. URMSTON
MANCHESTER
M41 9PT|
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## **Names of the charity trustees who manage the charity**
**Dates acted if not for whole Name of person (or body) entitled Trustee name Office (if any) year to appoint trustee (if any)**
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2
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|REV IBUKUN
JOSEPH
OLUWAGBEMIRO|CHAIR||||REV IBUKUN JOSEPH
OLUWAGBEMIRO|
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||DR OLUWATOSIN
SUNDAY
OSALONI||||||
||OLAJIDE DANIEL
OLADAPO||||||
||BERNICIA C.
OLUWAGBEMIRO||||||
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||Corporate trustees–names of||the directors at the date the report was approved||||
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Name of trustees holding title to property belonging to the charity
**Trustee name Dates acted if not for whole year**
## **Funds held as custodian trustees on behalf of others**
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
**Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure**
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)** B.C.OLUWAGBEMIRO **Full name(s)** BERNICIA OLUWAGBEMIRO **Position (eg Secretary,** Secretary **Chair, etc) Date** 03/02/2025
## **ANNUAL ACCOUNTS FOR THE YEAR 6/4/2023-5/4/2024.**
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MONTH AMOUNT (£) EXPENDITURE AMOUNT (£)
FOR THE YEAR.
APRIL 2023 10.00 VENUE HIRE/YEAR -672
MAY 2023 90.00 (2 HOURS EVERY
JUNE 2023 90.00 SUNDAY)
JULY 2023 150.00
AUG2023 250.00 ELDERLY -100
SEPT 2023 40.00 SUPPORT (FOR
OCT 2023 THE YEAR)
60.00
NOV 2023 15.00 FAMILY
DEC 2023 70.00 COMMUNITY -100
NETWORK( A
JAN 2024 50.00
PROGRAMMES
FEB 2024 40.00
FOR PARENTS
AND CARERS).
-220
TRANSPORT
PRINTING (FLIERS,
TRACTS,
DOCUMENTS),
INTERNET
SERVICES, ETC
MARCH 2024 200.00
1 [st] APRIL 2024 100.00
TOTAL FOR THE YEAR 1.165.00
CASH BROUGHT FORWARD 6.00
TOTAL FINAL BAL:
TOTAL INCOME 1,171.00 EXPENDITURE -1,092 79
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