Word Impact Faith International Trustees Annual Report **Charity Number :** 1190759 **Charity Number :** 1190759 Word Impact Faith International Trustees Annual Report and Unaudited Financial Statements for the Year Ended 31 December 2021 1 | P a g e Word Impact Faith International Trustees Annual Report **Charity Number :** 1190759 ## **Trustees’ Annual Report** The Trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities; Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **Administrative information** Registered charity name Word Impact Faith International Charity registration number 1190759 Registered Address 14 Howell Road Cheltenham Gloucestershire GL51 0ED The Trustees Yaw Oppong-Druyeh Prince Osei-Gyamfi Dennis Kofitia Michael Kankam-Boadu Ama Oppong-Druyeh 2 | P a g e Word Impact Faith International Trustees Annual Report **Charity Number :** 1190759 ## **Trustees’ Annual Report** ## **Principal Activities** - Sunday Enlightenment Services - Weekly Monday morning meditation/contemplation sessions - Mid-week meditational services - Biannual seminars, workshops, and retreats - Counselling, welfare, bereavement and wellbeing Initiatives ## **Activities and Achievements (In Year)** Over the past year, the charity has continued with holding it’s routine Sunday spiritual empowerment services to promote teachings from the Christian scriptures for the awakening of humanity to release our innate potentials. COVID directives necessitated that our services be held virtually over zoom opposed to in-person meetings. Mid-week meditational services on Wednesdays that encourage introspection, self-determination and prayer for conflict areas in the world also continued virtually together with Monday morning meditation sessions. We were however unable to hold our summer retreat due to lockdown restrictions instead two webinars for deeper spiritual studies and self-discovery were successfully organised. ## **Financial Review** The Charity which currently has an average UK membership of 20 people including children relies solely on the voluntary contributions from its members. We have a growing online/remote membership because of increasing our social media engagement due to COVID restrictions. It is our aim to expand by increasing our income for the future development work. The Charity has maintained a steady growth and continues to pursue its charitable objectives. Income Details: The total income for the year was £300. The total expenses for the year amounted to £350 resulting in a deficit of £50. These expenses were incurred in mainly carrying out administrative operations and the organization's charitable activities. The breakdown of expenses is as follows: Charitable Activities: Administrative Expenses (Including zoom subscription and stationery): £270 Support for Vulnerable Individuals: £ 80 This deficit was primarily due to the increased costs associated with administration and providing support to vulnerable individuals. The organization aims to address this deficit through future fundraising efforts and cost management strategies. No fundraising event was held in year due to COVID restrictions. ## **Structure. Governance and Management** The activities of Word Impact Faith International are overseen by the Leaders in accordance with the provisions of its Structures and governance policy. All members in good standing have a stake in 3 | P a g e Word Impact Faith International Trustees Annual Report **Charity Number :** 1190759 offering general guidance on the life and work of the Church. The Pastoral Board comprising the head and Associate Pastors, Secretary and 3 Departmental heads nominated by the members and endorsed by the Trustees administer the routine functions of the faith group. The Board serve for a term of 4 years with no limit on the number of consecutive terms of service. The members of the Elders’ Meeting are the trustees of the registered charity during their period of service as elders. The Pastoral Board met bimonthly during the year. ## **Risk Review** The trustees have reviewed the financial management policies and remain satisfied that risks involved are and undertaking a complete risk assessment of all activities of the company. ## **Conclusion** Despite facing financial challenges during the year, the charity continued to make significant impact in line with its objectives. The charity is grateful for the support received from volunteers, and all relevant stakeholders. In the coming year, the charity plans to focus on strengthening its fundraising efforts, exploring new grant opportunities, and implementing effective measures to ensure numerical growth, beneficial impact and financial stability. This report was approved by the trustees on 30 December 2021 and signed on its behalf by: Mr Yaw Oppong-Druyeh (Trustee) 4 | P a g e