OpenCharities

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2023-12-31-accounts

SORPreference
To advance the biblical Christian faith in
Summary of the purposes of Malawi and othernearbycountries forthe
public benefit as the trusteesmay from
thecharityas set out inits T time to timeconsiderappropriate, through
governing document worship,prayer, teaching, equipping,and
training Bible teachers, pastoral care,and
missionwork
Summary of themain
activitiesinrelation to those
GWM UKprovidesgrants on aquarterly
purposes for the public
benefit, in particular, the
Para1.17and
1.19
basis to God’s Word Ministry in Malawito
supporttheir Bible teaching, and training of
activities,projectsor
services identifiedinthe
peopleinthe careful understanding and
handlingof theBible.
accounts
Statement confirming
whether the trusteeshave
hadregardto theguidance Para 1.18 Relevantguidancewas studied at the time
issuedbythe Charity of the charity beingfounded.
Commission on public
benefit
Y whererelevant
Additional information(optional)
C
Grants to GWM inMalawiare given
Policyon grantmaking quarterly,based on quarterly budgets and
quarterlyaccounting summariesprovided
bythe leaders of the work inMalawi.
Policyon socialinvestment
includingprogramrelated
investment
Contribution madeby
volunteers

Achievements and Performance
SORPreference
We have enabled GWMMalawito carry
out:
Weekly Bibleteaching/ worshipmeetings
in our two main centres in Chiole (central
Malawi) where 100 people meetregularly
Summary of themain
achievements of thecharity,
and Mulanje (eastern Malawi) where40-50
people meetregularly.
identifying the difference the
charity's workhasmade to
the circumstances ofits
beneficiaries and any wider
Para 1.20 Special preaching conferences aimed at
training of people in Bible understanding
and Bible use skills-at bothlocations.
benefitstosocietyas a
whole.
The result of this ministryisthat Christians
are strengthenedintheir understanding of
God’s Word and thus enabled to livelives
of integrity, aswellas being able to better
communicate the reasons for theirfaith.
Youma' Additional information (optional)
chooseto include further statements where relevant about:
Grants made by GWM UK cover staff
stipends, transport costs andother,
administrative expenses.
Achievements against
objectivesset
Para1.41 GWM UK has exceeded its expectationsin
its first full year of operation, bothinterms
of funds raised and in terms of the
objectives met from the use of the funds
transferred toMalawi
Sufficient funds were raised to coverall
Performance of fundraising objectives.Butongoing fundraisingis
activities againstobjectives necessary to maintainprogressgoing
set 1 Para1.41 forward,Thisistheprincipalrole of the
GWMUKtrustees.
Investmentperformance
againstobjectives
Para1.41 N/A
Other N/A
Review of thecharity’s
financial position at theend
of the
See annual accounts and independent
reviewdocuments.
Statement
the
policyforholdingreserves
sta
are held
Any reserves will beusedfor thepurposes
offulfilling the objectives of thecharity
Amount of reservesheld
Reasons forholdingzero
r
deficit
Explanation of any
uncertainties about the
charity continuing as agoing
Additional information (optional)
You may choose to include further statements where relevantabout:
Thecharity'sprincipal Individualsupporters of ourobjectives
sourcesof funds(including
anyfundraising)
Para 1.47 Grants fromcharitabletrusts.
Investmentpolicyand
objectives including any N/A
social investmentpolicy Para 1.46
adopted
A description of the principal
risks facing
the charity
I Pam 1'46 Raisingsufficient funds to meet our
charitableobjectives.This is the principal
role of the trustees.
Other

Structure, GovernanceandManagement
Description ofcharity’s
trusts:
Type of governing
document
CIO foundationmodelconstitution
charter
trust
ro
HowisMrity
unincirpora
assocla
Trustee selection methods
including details ofany
constitutional provisionse.g.
election topostor name of As invitedbyfounding trustees
anypersonor bodyentitled
to appoint oneor more
Additional information (optional)
You may choose to include further statements where relevantabout:
Policies and procedures
adopted for theinduction
Briefing by existing trustees +referenceto
relevant Charity Commissionguidance
and training of trustees Para1.51
Thecharity’s organisational
structure and any wider
networkwith which the
N/A
charity
works
[ Para1.51
Relationship withany None
relatedparties Para1.51
Other A safeguarding policy has beenadopted
Reference and Administrative details
name God’s Word
Other name the charity uses N/A
R m1
Charity’sprincipaladdress 34 Silverbirch Drive, Camperdown, N
NE12 5AB
rab rab ;SIONl_ _.n.
.n
UK
lle•e
No (if any)
1198718
No (if any)
1198718
CC16a
For theperiod
from
) nents
funds funds Total funds Last year
tothenearest £ tothenearest£ to thenearestC to thenearest£ tothenearest£
TonI reoeipts [
©73
[L•-–•JL= L d4 ==
14 Asset andinvestment
Netof IIlIE1
A5 Transfers between fund
A6 Cash funds last year end
Cashfunds thisyear end
iBM
SectionBStatement of assets and liabilities at the end of the neriod of assets and liabilities at the end of the neriod of assets and liabilities at the end of the neriod
Unrestricted Restricted Endowment
Categories Details funds funds funds
to nearest£ to nearest to nearest£
B1Cashfunds 10,041
(agree baianc88 wIth n08ipts andpaWnonts
amunKs))
Unrestricted Endowment
funds funds
B2Other monetaryassets
B3Investmentassets
B4 Assets retained for tIn
B5 LiabiIIties
Signod by one or two trustees ul
behalf of all the trustoos
Notes ,1Rowipts
mid 2023; and£ 1,000
t
now
from a Trustee: Tba latterarue after a grant promised for September
shortfall
2023
was not received until October 2023. Tbis required GWM UK to take out an interest free loan to resolve
cash flow issue. Tbis was repaid in full in October 2023. GWM UK carTy no loans into 2024.
A3Payments'Loan$repaidto trustee andexternalfunder’:thiscoversrepaymentof both of the
(interest free) loans mentioned in respect of A1 above.
CCXX R2 amounts (SS)