A Charitable Incorporated Organisation (Charity No. 11947941 WORLDWIDE PENTECOSTAL GOSPEL MISSION TRUSTEES ANNUAL REPORT & FINANCIAL STATEMENTS YEAR ENDED 31 MAY 2025 WORLDWIDE PENTECOSTAL GOSPEL MISSION Contents Reference and Administrative Details Tru5tees' Report Statement of Trustees, Responsibilitie Independent Examiner's Report Statement of Financial ActlVLties Balance Sheet Notes to the accounts Detailed Statement of Financial Activities WORLDWIDE PENTECOSTAL GOSPEL MISSION Reference and Administrative Details Chairperson Mary Adebunmi Alabi Trustees Mary Adebunmi Alabi lyabo Victoria Oyewole Oluwasegun Daniel Williams Victor Oyewole Charity Numbèr 1194794 Re8iStered Office l Mousell Street Manchester M8 8HY Independent Examiner Rana & Co Association of International Accountants 190-2W Platt Lane Fallowfield Manchesier M147DE Bankèr Na￿est Bank PIC WORLDWIDE PENTECOSTAL GOSPEL MISSION Trustees, Report The trustee5 piesent the annual report toeether with the financial statements of the Charity for the year ended 31 May 2025 Oblerti¥es and artl¥Lties The trustees confirm that they have complied with the requirement of section 17 of the Ch3rities Act 2011 to have due regard to the public benefit guidance pub115hed by the Charity Commission for England and wales. Principal Activity The principal activity of rhe charity in the whole year review which is tarried out for the public benefit is the advancement of the Chrhsiiart faith through, but not exclusively through:. the Provision ol religious services and a place of worship the holding of prayer groups, and producing andlor distfibuting literature on the Christian faith to enlighten others about the Christian religion. The Church 5tronely believe in thè power of prayer coupled with righteous living and and holiness io be Christ disciple and consistently tèaches and promotes Biblical Christianity through its main seNitss and wider outreach. Financial review-. Our income are received through donatiorhs from members and friends of the church. we wish to thank and appretiate all our members and volunteers lor their financial nd other contributions which has sustain the Church to this level. we pray that God will bless and reward you 8reatly and we shall not miss our ulfimate which is heaven in Jesus name. The annual report was approved by the trustees of the charity on 23 February 2026 and signed on its behalf bv.. Mary Adebunmi Alabi Chair and Trustee WORLDWIDE PENTECOSTAL GOSPEL MISSION Statement of Trustees, Responsibilities The trustees prèsent the annual Teport together with the financial statements of thè charity for the vear ended 31 May 2025 The trustee5 are responsible for preparing the trustees, rèport and the financial statements in accordance with the United Kingdom Accountin8 Standards (United Kingdorn Generally Accepted Accountin8 Praciicel and appliiable law and regulations. The law applicable to charities requires the trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resource5 of the charity for that period. In preparing Ihese financial statements. the tTUStees are required to: select suitable accounting policiès and then apply them consistently; observe the methods and principle5 in the Charities SORP.. • make judgements and estimates that are reasonable and prudent- state whether applicable aetounting standards have been followed. subject to any material deparrures disclosed and explained in the financial staiements.. and prepare the financial staternents on the going concern basis unless it is inappropriate to presume that the charity will continue in busines5. The trustees are responsible for keeping proper a¢counting record5 that disclose with reasonable accuracy at any time the financial posltion of the charity and enable thern to ensure that the financial statement5 comply with the Charities Act 2011, the applicable Charities IAccounts and Reports) Regulations. and the provisions of the constitution. The trustees are also responslble for safeguafding the assets of the charity and hence for taking reasonable steps for the prevention and detection tsf fraud and other irre8ularitse5. Approved by the trustee5 of the charity on 23 February 2026 and signed on its behalf by.. vlcz, Mary Adebunmi Alabi Chair and Trustee Independent Examiner's Report on the Trustees of Worldwide Pentecostal Gospel Mission I report to the trustees on the accounts of ihe WPGM for the year ended 31 May 2024. which are set out on Pages I to 8. Respertive r¢5ponsibilities of trustees and examiner- The charity'5 trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not Tequired for this year under section 144 of the Charities Act 2011 (the charities Act) and that an Independent examination is needed. It is our re5pon5ibility to.. examine the accounts under settion 145 of the Charities Art. to follow the procedures laid down in the 8eneral Directions given by the Charity commission (under section 14515llbl of the ChaTlties Acrl. and to state whether particular matters have come to my artention. Basis of independent examiner's Statement Our exarnination was carried out in accordance with general Directions given by the Charity commission. An exarnination includes a review of the accounting records kept by the charity ènd a comparison of the accounts presènted with those records. It also includes consideration of any unusual items or disclosure5 in the accounts, and seeking explanation5 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 no opinion 15 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. Indepèndent examiner's statement In connection with our examination, no matter has come to our attention= 111 which gives us reasonable cause to believe that in, any material respect. the requirements.. to keep accounting recofds in accordance with section 130 of the 2011 Charities Act.. to prepare accounts which accord with the accounting record5 and comply with the accounting requirements of the 2011 Charities Act have not been met: or 121 to which, in our opinion, attention should be drawn in order to enable a proper understanding of the 3CCOUllts to be reach Zafar Rana BA (Honsl Acc, FAIA, MAAT 23-Feb-26 Rana & Co Association of International Accountants 190-200 Platt Lane Fallowfield Manchester M14 7DE WORLDWIDE PENTECOSTAL GOSPEL MISSION Statement ol f nancizl activities for the year ended 31 May 2025 2024 2025 Unrestrided Fund 2025 2024 Unrestrirted Fund Total Total Income and Endowments from= DoNatlOTIg and legacies 69763 60272 60272 69763 69763 69763 Total Incoming ResouTces 60272 60272 re on: Cost of generating Funds Raising Funds 50371 50371 48962 48962 Total Expenditufe 48962 48962 50371 50371 19392 19392 Net Income 11310 11310 19392 Net Movements in Funds 11310 11310 19392 Reconciliation of Funds Total funds biouEht forward 51308 51308 7071 70700 70700 Total Funds carried forward 82010 82010 70700 WORLDWIDE PENTECOSTAL GOSPEL MISSION Balan¢e Sheet as at 31 May 2025 2025 2024 Fixed Assets Equipment5 1070 1496 Current Assets Debtor Cash at Bank & In Hand io(K) 70533 83232 84232 71533 2329 Creditors.. Amount falling due within one year 3292 82010 70700 NEf Current Assets Funds of the Unrestricted Income funds Unrestricted funds 82010 707Cx) 82010 70700 Total Funds The financial 5t3temènts were approved by the trusiees and authorised for issue 17th February 2025 and signed orn their behalf bv". Mary Adebunmi Alabi Chair and Trustee WORLDWIDE PENTECOSTAL GOSPEL MISSION Note5 to the Financial statements forthe year ending 31 May 2025 ntin olicies Statement of compliance The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FR5 1021 and the Charities Act 2011. Bals of Preparation The accounts (financial statements) have been prepared under the historical cost convention. Expendlture All expenditure is recognised oncè there 15 a legal or construttive obligation to that expenditure, It is probable settlement 15 required and the amount can be measured reliably. All costs are allocated to the applic3ble expenditure heading that aggregaie similar costs to that category. Where Costs cannot be directly attributèd to headin8S, they have been allocated to activities on a basis consistent with the use ol resources_ Donatlons and legacies Donatitsns and legacies are recogni5ed on a recehvable ba515 when receipt is probable and the amount can be reliab￿ measured. Gobn8 concern The trustee5 consider that there are no material uncertainties about the charity'5 ability to continue as a going concern. Income and endowments Voluntary income including donations, gifts, legactes and grants that provide core funding or are of a general nature 15 recognised when the charity has entitlement to the income. it is probable that the income will be received and the amountcan be measured with sufficient reliability. Taxatlon The charity is considered to pass the tests set out in Paragrapg I Schedule 6 of the Finanee Art 2010 and therefore it meeis the definition of a charitable cornpany for UK corporation tax purposes. Accordingly. the charity is potentially exèmpt from taxation in re5pert of income or capital gains received within categoiie5 covered by Chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. ro the extent that such income or gains are applied exclusively to charitable purposes. Fund 5trurture Unrestricted income fund5 are general funds that are available for use at the trustees's discretion in further of the objectives of the charity- WORLDWIDE PENTECOSTAL GOSPEL MISSION Detailed Statement of the Financi31 Activities for the Year ended 31 May 2025 2025 2024 Donations and legacles Appeals and Donations 69763 60272 60272 69763 Raising funds Heat & Light Rent Telephone & blband Water rates Wage5 & Salries Professional fee5 TV Licence Travellin Repairs & Renewals Honourarium + Hotel Item5 for church Training & Educational Depreciation Security Alarm Webslte. IT & PC Sundry & Cleaning 2546 10600 812 1821 837 1455 26857 2155 1181 26583 2055 164 105 1550 169 1107 1418 1228 1147 150 426 824 440 560 426 859 402 112 48962 50371 19392 Surplus on acti¥itles 11310