TfJA NORMAN COX & ASHBY IL WORLD DAY OF PRAYER NATIONAL COMMIThEE FOR ENGLAND, WALES AND NORTHERN IRELAND ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Reglstered Charlty No 233242 NORMAN COX & ASHBY CharteTrdAccountanls I>osv8nor Lodge 72 Grosvenor Road Tunbrid9e Well8 Kent TN12AZ
WORLD DAY OF PRAYER NATIONAL COMMrrTEE FOR ENGLAND, WALES AND NORTHERN IRELAND CONTENTS FOR THE YEAR ENDED 31 DECEMBER 2W23 Page REPORTS Report of the Trustees Report of the Independent Examiner FINANCIAL STATEMENTS Statement of Financial Activilies Balance Sheet Notes to the Flnanclal Statements 8-16
WORLD DAY OF PRAYER NATIONAL COMMirrEE FOR ENGLAND, WALES AND NORTHERN IRELAND REPORT OF THE TRUSTEES FOR THE YL4R ENDED 31 DECEMBER 2023 The trustèes present their report and the accounts lor the year eNled 31 December 2023. The flnandal statements have been prepared In accordance wllh the accounung pollcles s&lout in note 110 the accounts and compty with the charlty's Irust deed. 1he Charhles Act 2011 and accounting and Reportlng by charS. Statement of Recommended Practlce appllcable to charltl&s preparing thelr accounts in accorda wlth the FInala1 Rep(th StaNlard In the UK and Reputlic of Ireland (FRS 102). OBJECTIVES AND ACTivmE8 Prfn¢lpal ObJ•dlv•s The principal object of the charlty 15 to unite Christians in Fyayor. A¢tlvlths The trust ftjrihers Its d)arilable purp¢w for Ihe public benefft by: li) hoiding seryices on the first Frklay in March in gach ygar. lil) foslertng local interden11n3I1Qal prayer groups and other activiti¢s bringlng womèn tLwJelher In ¢lo$er lellowshlp. underslandirJ and actb)n throUghrt Ihe year., 11111 dlthbullon of Christlan Ilterature; lfv} supportlng women throughout the wcxld with infomied prayer arKI prayerful actlon; and {v) asslsting proSe¢ts, financially or otheNise, run by Christian charilles throughout the world. During the year. the Chartty continue<l ts objects. Th8 rnaTrN event with financial knplicatlons is the organlsatlon of the Day of Prayer In March of each year. Thls year It was hekl on 3 Mar¢h 2023. wmh the theme of "I have heard aboui your falth., prepared by tr Natlonal Commlttee of Taiwan and used throughoul Ihe worfd. After meeting overhead expense$ and maintaining r&See5 ata Ver statod inthepdwofthe tnJsto85, the National Commlttee allocates surplus Incom¢ by making L¥ants to assisl pr(yects Nn by Chrfstlan chadlles throughout the worfd. Publ1¢ Beno The trustee$ confirm that they have referred to the Charity CommissN)n's guidance C publlc bèn8frt when reviewlrwJ tho charity's aims arKI objectives and in planning future activikies. ACHIEVEMEKfs AND PERFORMANCE The seNce was prepared by the Naticfbgl Commiitee of Tarwan. It was amended and refinBd over sixteen months after input from those attending Preparatmjn Days. Thg Work of am the Vol*e6r5 was greaUy appreated, as was the work ofthe office staff. There are four patd Staff in the office and otherpers0nne1whowof0rthe chtyarevdunlegrs. The deemed value of the time prowded by the volunteers cannot b8 quantffied and is not record In the financlal statements.
WORLD DAY OF PRAYER NATIONAL COMMrrrEE FOR ENGLAND. WALES AND NORTHERN IRELAND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 (ConNUED) ACHIEVEMENTS AND PERFORMANCE (COIrnNUED) The trustees wcwld Ike to express thekr grav1e to all #N)se have provlded support In PTayer, In Ilme and nanG[allY durlng the year. Donatlons receNed dumg the yearwere £268,998 compared wFlh £313,837 In 2022. Donations under resLdted #i a repaym&nt of tax of £28,093 (2022.. £25.210). Grants paid from the unstricted Inrne Fund In the year to supp(Kt Christian work throughoul the workl We £108,686 {2022'. £71248). FINANCIAL REVIEW The charity's work 1$ entlrety rellant urx)n the finandal ¢ollectlons receNed al Ihe annual Day of Prayer. Durlng the year, income in the Unrestricted General Fund decreased £163.853 in 2022 to £108,709 In 2023 and expenditure decreased from £390.IKI9 to £361.817. There was a defkit for the year of £55,3S after transferring £30.000 to the Contiroency FuThJ. The balance at 31 December 2023 was £108,709 {2022-. £163.853). The trustees agr¢¢d to mako an annual allocallon of £8.0 lo the Wolsh Conltte8 for their use In paying grants. printing, staff costs and other expenses. The Deslgnaled Fund had a balanGg carried low4rd at 31 December 2023 of £235,000 on the Contingency Fu1 (2022.. £205.IN)O). Th8 Young Wom8n's Confererne Fund wa8 closed during the year. The Restrlcted Europ8an FWKI was d05ed ffi 26 Juty 2023. Res•ms polley The cost of printing and dlstributig the sepAce materlal L8 substantlal and a pc41cy declsK)n has been takèn to k8ep in reservè suffklentfunds each yearto meet any obllgatlons, partlculaty tolhg printer, for thg SU¢XBeding year In the event of a major decline in the IoMe of the charfty, whkh mainly from freewll donations CDllected at th8 annual servw. In May 2021, the trustees agreed to increase the ann1 transfgr fr¢m the General Fund lo the Contingency Fund from £5.000 to£30.0(K) a year for thenextfouryear. The balan¢eon the Contiwency Fund at 1 January 2023 £205.0Th) and £235,000 at 31 De¢embei 2023. Rlsk Management The trustees have oxamined the major strategic IsirsS operational riskswhich the charity faces and confirni that systems have been established to enable gUlar reports lo be produced so that the nec8s58ry Steps can be tsken to lessen these ri%ks. Thg main risk ts that attendance atthe 8eNices on the Day of Prayer is reduced, as occurred in 2018 due to severe weathgr ccdItiOnS, resulting n a snIficant reduction in incomefrom collections. Other risks Ind0 a weal of the national )ckdo as a resull of anolher pandemic ar)d servKes not being held due to polit81 sonsitivit185 within the different branches about the material or county beffry r*lebrated. Plans for the Future The trusle8s WHI contlnueto facllltatethe annual Day of Prayeraj erKxtrur8ge an increased numbgr of partlcipants In Ihls worldwlée w8ve of prayer. The 1rustees aim to develop the use of electronic communlcatk)n technobgy and to gr(wthe linkswith World Dayof PrayerOrganiSat In other parts of the world.
WORLD DAY OF PRAYER NATIONAL COMMirrEE FOR ENGLAND, WALES AND NORTHERN IRELAND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 (coNuED STRUCTUR4 GOVERNANCE AND IAANAGEMENT Conslltutlon The trust IS 8 reglstered unlncorporated clwity whth i)perates under a CoThstMution, adopted on 21 January 1964 and amended by resolutior dated 20 September 1%8,14Janu8ry 1%9, 11 JLAY 1972, 2 July 1983, 12 March 1991. 20 May 1997. 18 September 2001. 1 February 2003. 19 May 2C9, and 1 September 2017. The trust va8 registered wllh the Ch#rlty ComnknK)n on 1 January 1965. Al the annual general meeting held on 15 May 2018, it was agrged to chaTrJ8 th8 name of the charfty from The Nallonal Committee ofthe Women's Wodd Day of Prayerfor EngLqnd and Walesand Northem Ireland lo Wortd Day of Prayw Nattonal Commlttee for EnglaTrY, Wales Northem Ireland. 11 will be known as Workl Day of Prayer-A women led. yobal, écumenkal M0vennI. Tmsl The trustees are appolnled for a pe0d of slx years to serv8 years in each of the offlces of Vl¢e- Chalrperson, Chalrpergon arKI President. New thjstees WIU have had prevK)us iivofvem8nt wth the World Day of Prayer and vlll be aware of the charfty'g alms and obj'ectives. Thg outwlry tfusiees provlde atfvl¢e on the roles and resp(sIbIlItIeS of the posltlons. The Naltonal COmmlee Is responslble for all decision maklng and is made up Df r&pres8Trt8tlves from the maln Chrlstian denomlnattons. the officers of the Charfty aNI one repTesent8tivÈ from each of tha Engllsh speaklng churches In Wales. the Welsh $peaklng ¢hur¢hes in Wales and from Northem Ireland. The trustees 2nd members of the Natlonat Commlttee give their time froe. twstee received any remuneratlon kn the year and note 12 discloses the travel, telephone and off Ce expens88 relmbursed. There a over 2.000 tran¢$ operallNJ In Erjnd and Wales 8rKI North¢m Ireland whlch are la¢llllated by the Nalh)nal Commlttee through tis adminrstratlve office. Rèference and AdmInIstrat Inforniatlon Reglstered Chartty Number 233242 Worklng Name World Day of Prayer Prfndpal Offtt Address Commerdal Road, TUr]ge Wells, K8nt TN12RR Telephone E-mail Webshe 01892 541411 offiCe@dp.O[g.uk ww.wwdp.org.uk Tmstees wh> seNed throughout the year and to the date of signature of this rewt Mrs Nicola HoskiTrSlon8 Tho Rev Carol8 Boume The Rev Louise Bowes Offlcer8 President Chairperson Vice Chairperson Appolnted Officers Mrs Nicola HaSkISt0ne From 20 September 2022 The Rev Carole Boume From 20 Seplember 2022 The Rev Loulse Bowes From 20 September 2022 Mrs Uz Hall From 20 S&ptombgr 2022 Mrs Elalne Bamett From 19 Soptombgr 2023
WORLD DAY OF PRAYER NATIONAL COMMIThEE FOR ENGLAND. WALES AND NORTHERN IRELAND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 (CONTINUED) STrUCTURE, GOVERNANCE AND MANAGEMENT ICOIfflNUED) R•fernnce and Admlntstrallve Infomiatlon (Contlnued) Office Manager VIL Danldl Indepèndent Examkner N M G0werMIth FCA Nom)an Cox & Ashby. Ch8rt&redAccount8nts GrosveMr Lodp, 72 Grosvenor Road Tunbrfdge WelL8. Kent TN12AZ Bankers Nallonal WestrnFnster Bank Flc 89 Mount Pasant Road Tunbrldge WelL%. Kent TN1 1 QJ Solicltors Drysdales Cumberland House 24-28 Baxter Avenue Southend on Sea, Essex SS2 6HZ ststgmèrt ol T$. Responslbllltle8 The Irustees are re8F¢n$lb for prepariro the Tru9tees' Annual Rewt aThJ finanal statements In accordance with applicable law and United KlrKJ(knm Accojnting Standards {Unlted Kingdom G&nerally Accepted A¢countlng Practice). The law applicable to ¢harities in England and wa requires the trustees to prepare tinancial Statements for ea¢h year whlch glve a true and fair view of the slate of affairs of the charlty and of the In¢omlng resoufLS and 8pplication of resour of the charity for that riod. In preparing these flnanGial statemants, Ihè trustees are requlred to: select suitable a¢¢ountEng w11 and appty them conststenlly, obseNe the methods and principles of the Charities SORP: make judgements and estimates thal a asonable prudenL state whelher appltsbFe accounting siandards have been followed, subject to any matedal dèpartures that musl be digck)sed and explained in the finandal statements., and ppare the financial $latements on 8 SY•¢ng COrM basis unless is H)aFvrowiatstopre8ume that the charlty wlll ¢onllnue in 0th)n. The trustees are reswnslbb keeplng proper ac¢thJnting records that disdose with reasonable accuracy at any time the fircial posltion olthe tharity, and to enable them to ensurethal the financial statements compty wtth the Charities Act 2011, the Charity (Accounts and Reports) Regulatlons 2008, and the provi3Kins of the Constitution. They are abo responsible for safeguarding Ihe assets of the charity and fortaking reaSOnae steps lor Ihe Ffevention and detection of fraud and olherirregularitses. Tne trustees are responsible for the maintenance and inlegrity of the charlty and financ4al information ilded on the charity's website in accordance with 18glslation in the Kingdorn govemlng the preparatlon and dissemination of firbanGial statements. This report was approved by the trustees on 13 May 2024 and SFgned on th8w bghalf by: C BoLrne ChaSrperson and Trustee
WORLD DAY OF PRAYER NATIONAL COMMITTEE FOR ENGLAND, WALES AND NORTHERN IRELAND REPORT OF THE INDEPENDENT EXAIAINER TO THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 I r8Fth lo th8 trust888 on my examination of Ihe accounts cl Ihe World Day of Prayer NaUDnal Committ88 for Engknd, Wales arnl Northern Ireland {IheTtusfifortrEyearended 31 De¢ember2023, which are sot out on pages 6 to 16. RESPONSIBILITIES AND BASIS OF REPORT A8 the charity truslees of Ihe Trust, you are respOnte for the preparatlon of the accounts In accordance with the requirements of thg Charities Aca 2011 (Ihe A¢f). I report in respect of my examination oflheTnJst's actounts L2rried out undersectlon 145ofthe Act8nd in carrying out my examination I have fdlowed aN the appll¢able Directions glyen by the ChaTtIy CommissM)n under section 145(51(bl of the A¢L INDEPENDENT EXAMINER'S STATEMEKr The charlty's gros8 income ex(*eded £250.(M)O. l am ewalified to undertske the examlnatlon by belrKJ a qualified member of the Institute of Charted AcCntsnts in Eroland and Wales. I have completed my 8xamlrJatkm. I confimi that no mthial mattets have come to my attenuon In connection w6th the examin8tlon whlch gfves me cause to belleve that In any materlal respect: • the acc•)untlng records were not kept in wirdanr• wilh S8ction 130 oflh8 Act,. or the accounts dld not accord with the accounting r6wrds; or th8 accounts did notMplYW11h the applicab requirements concerning the fomi and contentof accounts set clut in th8 CharitEs {Accounts and Rewts) RegulatKffis 2008 other Ihan any requlremenl that th8 accounts givé a Irue and faiff vlwN bthich i8 not a matter consIded as part ol an independent eXaminan. I have no concems arKt have come acros8 other matt8rs in connecaion wilh the examination towhich attentlon should be drawn In thls rep(Yl in order to enable a prorAr understanding of the ac¢ounts to be reached. N M Gower-smlth, FCA NORMAN COX & ASHBY Chartgr8dAccounlants Grosv8nor Lodg 72 GrDsvÈnor Ro& TunbrklgB Wells Kent TN12AZ 13 May 2024
WORLD DAY OF PRAYER NATIONAL COMMrrrEE FOR ENGLAND, WALES AND NORTHERN IRELAND STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 DECEMBER2023 Total FuTrJs 2023 Total Fd$ 2022 UnreStrted Restricted Funds Fund Note INCOME D¢>natlon$ and Lega¢lè$ Donatlons and contbl10ns Glft AKI Recoverable L¢gacbs 268,998 28,093 268.998 28,093 313,837 25.210 350 Charltablg AGllvltles Sale of Resour¢es and Publl¢aticffis 35.320 35,320 29.535 Investment In¢ome Inlerest on Cash Dewslts 4.262 4,262 Total In¢eme 336.673 336,673 369.740 EXPENDITURE Charltable Acllvltles Organlslng the Day of Prayèr Grants Payable 253.383 108.686 378 253,761 108,686 318,761 108,994 T4)tal Expendltur• 362,069 378 362,447 427.755 EXPENDrruRE AND MOVEMENT OF FUNDS FOR THE YEAR (25,3961 {378) 125,774) (58.015) RECONCILIATION OF FUNI)S Total Funds brought forward at 1 January 2023 369.105 378 369,483 427.498 TOTAL FUNDS CARRIED FORWARD AT 31 DECEMBER 2023 13 £343.709 £343,709 £369.483
WORLD DAY OF PRAYER NATIONAL COMMrrTEE FOR ENGLAND, WALES AND NORTHERN IRELAND BALANCE SHEET AT 31 DECEMBER 2023 2023 2022 Not8S FIXED ASSETS Tangle Assets 147,336 149,095 CURRENT ASSErs stock Debtor8 Cash at Bank and in Hand 13,516 2,917 210,271 1.263 10.746 231.115 Total Current As$&ts 226,704 243.124 LIABILrriES Credltors falling due withln one year 30,331 22.736 Net Curront Ass¢ts 1.373 220,388 NEf ASSETS £343,709 £369,483 THE FUNDS OF THE CHARITY Unrestricted Incom6 Fd$ 10 General Fund Deslgnated FurNIs 108,709 163,853 205.252 343.709 369,105 Restricted Income Fund 11 378 TOTAL CHARrrY FUNDS £343,709 £369,483 Theseflnanclal statements were approved bylhe truslees on 13 May2024 and Slgned on 1rbehav by C Bourne Chalrperson and Trustee
WORLD DAY OF PRAYER NATIONAL COMMirrEE FOR ENGLAND. WALES AND NORTHERN IRELAND NOTES TO TFIE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POUCIES la) Basls of Preparatlon and A8nI of Golng Con¢em The finand81 statements have been prepared n acc(Ydance withAccountiro and Reporting by Charitles.. Statement of Recommendod Practice I'charities SORP.) applKablo to charlues preparlng ther accounts in accordance with the Finanal Reporlng Sdard applicable In the UK and Republlc of Ireland (FRS 102)} and the Financial Reporting Stsndard applicable In the United gdoM and Republic of Ireland (FRS 102). Assets and liabdiues are iniknalty recognlsed at historical cost or transaction value unless otheiSe stated in the relevant accounlNJ polty te. The charfty conslltutes a publ benefrt entty as defined by FRS 102. The trustees conder that there we no malerial urKertainties abJt th6 charity's abillty to continue as a going conwn. The most sKJnificant area of uncertainty is the level of donated Income whlch needs to be raised each year and is covered in more detal in the performance sectton of the Truslee8' Rewrt. (b) Fund8 Structure Unreslrfcted Inco Funds are expendable allhe thTetlon ofthe trustees In the fijrtherance of the objects of the ch8rity. DesMJnaled Funds are unrestricted gerwalfvnds set aside bythe trustees for a specffic purpose. The Designated Funds are: {al The Conlingery Fund which comprises amounts sel asJe to provide suent fijnds lo meet the $1 of one yearfs Day of Prayer. A transfer 01 £30.OIXI is made from the General Fund each year. In a(klilion, the tnlee$ make further tran8fer8 for specific pUoseS. Ibl The Young Women'8 Conlerenr Fund whlch exk8ts to financ8 conf8ronces to be hekl in future years. Restrlcled Income Funds are grfts receNed with the use r8stricted by the doncf. The Restricted Fund is Ihe European Fundwhich comprtses donatn9 rec8ived to provhye the travel expenses for attendae 81 European Committees of hvo delegates from Europe who are members of the Internan81 Executive Commitie& of Ihe Workj Day of Prayer. (¢) In¢ome Recognltlon All Income b re¢ognlsed w the ¢harity has enliuèrrent to the income. there is suffldent ¢ertainty of receipt so it is probable thatthe incomewll be r[Ved. and the alrntOf1ncorne receivable ¢an tre measwed rellaNy. Branch Income Is recognlsed when Ihe remittan( has been red from e8ch Indlvldual branch and Tt is matched to the appropriate banking. Other donatk?ns are recognked al th6 point of receipL S816s of g(5 and puUicatior¥8 are a¢¢ount8d forwhen they are received. Interest on funds hekl on deposit is induded Uk>)n nollflcation of the interest pahj or payable by the bank.
WORLD DAY OF PRAYER NATIONAL COMMIThEE FOR ENGLAND. WALES AND NORTHERN IRELAND NOTES TO THE HNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2WJ (CONTINUED) ACCOUNTING POLICIES {COPrnNUED) Id) Expendltur• Recognltlon Liabilities are recognL8ed asexpendiiure as soon as there is a legal or congtruct5ve oblb3atKJn committing the charity to that expenditure. li Is probable that SettlenI will be requlr8d and the amount of the obligatlon can be measured rellabty. Al eXpeIlture Is acu)unted for on an ac(xuals basis. All expenses. includlng govemance costs, are allocated apporfK)ned tothe am11b expenditure headings in the slatemgnt of nancial activiti&s. Grants payable are payments made to third parties in thefvrtherance ofthe charitable obpcts of the charity. In the case of an uncofKlttional grant offer. thls Is aCcnd once approved. lel Allocallon of Support and Governance Costs Support costs and govemance costs are induded in exPee9 ofcharilablB activtsies a5 they are dl Incurrgd in lurthernnce ol the charitable aim of flitating the Day of Prayer. Governanc8 costs eomwlse all Involwro the public accountabilty of the charlty and its compliance wlth rewlallon and gwd pradi¢e. Trse c08ts include costs relaled to the irmjependent examlnatton and expenses incurred on behalf of the trust8es. Charltable Acthiltles The expanditure on charitable actlyitlès indudès operating and yminIstraIfvO ¢osts, grants payabl& and governance costs. (g) Tanglble Flx•d Assets and Depreclallon F(8d assets are Included at c¥)st less depreciation. AFI items wlth a pur¢ha$e prfce of more than £100 have been capitalised in th8 of puri*89e. Depreaation has been provlded at Tates to writs off the t of fixed assets over their expected usefijl Ie$. Office Equlpment 20% p8T annum on C91 Freehokl propety has been Included at the t canylng valu8 at 1 January 2016. In accordance with FRS 102 and the ChaTities SORP il has not been depreciated. Ifany annual Impalmient review slTh$ thal a perman8nt diminution in value of the property has cccurred, provisbn is made and Induded in deprec#ation. {h) Sloc Stod( of publication5, vlsual alds and sundry Item for Tesale are valued at the lower of (y)st and net realisable value. (l) Pensl¢>n Th8 charty makes contributtons to a defined contritrtrtion scheme set up by automatlc enrolment under the Pensions Act 2008. The assets of Ihg scheme are held Separately from the assets ofthe charity. The charge for the pensi cost represents contrlbut10r payable to th8 herne. The liaknlity of the charity L8 limited to the anK)unt of the contrlbutlons.
WORLD DAY OF PRAYER NATIONAL COMMirrEE FOR ENGLAND, WALES AND NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2023 {cOriNL}ED> unreStted Restricted Funds Fund Totsl 2023 Total 2022 EXPENDITURE ON CHARrrABLE ACTivmE8 (a) Oryanlslng the Day of Prayer Salarles {Note 3) Premlses and Other Costs Prlnling and Direct Costs MeéllrKJs and Travel Postagè and Carrlqge Govemance Costs Independent Exawdnati(xJ Fee A¢¢ountlng and Other Sérvices from Independent Examinerfs Finn Trustees. Liability Insurance 82.419 30.137 60,126 30.759 36,962 82,419 30.137 60,126 31,137 36,962 88,368 81,218 75,408 33.170 31,367 378 2,895 2.895 2,345 9.453 9.453 632 5,975 910 2S3.383 378 253,761 318.761 (b) Grants Payable (Not8 4) Slngle Institutional Core Grants Annual Donations Development Grants Project Grants Intemational Donations Grants Allocated by th8 Commlttee for the Welsh Speakwig Churches 5.000 4,000 10,000 35,536 10,762 4.000 25.0(KJ 4,000 25.000 50.000 18,725 18.725 5,957 5.957 5,950 108,686 108.686 71.248 TOTAL EXPENDITURE FOR THE YEAR £362.069 £378 £362,447 £390.000 10
WORLD DAY OF PRAYER NATIONAL COMMIThEE FOR ENGLAND, WALES AND NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YB4R ENDED 31 DECEMBER 2023 (CONTINUED) 2023 2022 EMPLOYEES The average monthty number employed by the charfty during the yoar was: Salaries Soclal Se¢urity Costs PenSIc Contributions 74.559 2.359 5.501 83,667 1,396 3,305 TOTAL EMPLOYMENT COSTS FOR THE YEAR £82.419 £88,368 During the yearthere werelwo full tlmeempWe5 and ontr parttlmè wnployee. All th8 tlme ollhe employees involved 8UPPOrt Servi$ to the charttable actNilies and 5UPPOrt to the govemance of the charity. No employee eamed more than £60.000 peranwm. Unthr automatr enrolment under the Penslons Act 2008, the charty commenLd to make contributk)n5 friwo employe85 during tho year. There were no outstanding ¢ontributionB at the balance Str1 date. GRANTS PAYABLE (a) Slngl• Institutlonal Cor¢ Grants 28 Too Many 5,000 5.000 Ib) Slngl8 Institutlonal Donatltyn$ BrIsh Red Cross Royal National Instiiute for the Blind salvaon Amiy 2,000 4.000 2.000 4,000 8,000 4.000 Icl Development Grants Embracfj the Mkldle East Traidcr8ft Exchange SAMS Ireland The Big Fse Transform Burklna Zambuko Ra Jèhova 5.000 5,000 s,000 5,000 5.OCKI 5,0 5,000 5,000 25.000 15,000
WORLD DAY OF PRAYER NATIONAL cOMMIEE FOR ENGLAND, WALES AND NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2023 {coMnNUED> 2023 2022 GRANTS PAYABLE IConllnued> Id) Slngh Institutlonal Project Grnnts Bible SOcty NfKth8m IrelarKI Chrfslian Aid - Libya12022 Ukrwnèl Church Paslornl Socknty Cord COrry18 Cornnmy Feed Ihe MiThls Food for the Hungry Forward Africa EdwAtkJn Tnrnt Frlands of the Holy Land rls Brigade Norlh8m IteLaTr HoS of Prom• Hope and LkJhl H¢)pe Christian Tw¥t Imago Sei Innowsta Intsm8llon Jacaranda UK lfjds Alive LfvBblllty Leaders of Worshlp and PreaL8 Tntst kl8ryleb)ne ProJèd Mothotst t[Ch hAlddle E&%t Medig Mlnd Ihe G4> Misslon withrrtrt Bcrfdeys Mosaic dI& Eagt Move the Nèw Hopg Trust P8kistan FI¢xKI Appe81 Pe?¢e Works.Jmbobwe. Pockham Park Churd) Pioneers UK Ministrns Porrhjge and Pen5 Pr8yer spa in SdKKAs Quaker C Raven Hou86 Tru8t Rg#ch pple Effect S8ilots SoGi8ty Samarftans Fkne Sixty Ckne SpOrtsRch Teèn chlenge UK T0h Trust Touthstone Toy Box Charity Transtsm Burkina ITv 9th) Vina Trust Word for the Worfd Zambia Orpharts Aid 500 5.000 500 3.CQO 2,CQO 800 2,{10 2.358 5.0 2.000 500 1.000 1.000 1,000 2.0 2,000 667 1.515 500 1,000 2,OC() 500 2,C(g0 1,196 2,0 1,1XJO 2.OlX) 1,000 2,IXIO 1,O(XJ 1.CKJO 50,OtKJ 30,536 12
WORLD DAY OF PRAYER NATIONAL COMMirrEE FOR ENGLAND. WALES AND NORTHERN IREIAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 {CONTINUED) 2023 2022 GRANTS PAYABLe {Contlnued le) Slnglé Institutlonal Intematlonal Donatlons Wodd Day of Prayer Intemational Commlttee- Annual Wodd Day of Praygr National Committ88 ofAknania 16,221 2,508 5.726 5,036 18,729 10,762 Ig) slngh Grant Wodd Day of Prayer- Norlhem Ireland 1,(K)O (h) sIng Institutlonal Grants Allocated by the Commlttee for Welsh Speaklng Churches Assocla0n of cerjh51On Indep8rKlenl Ch8 Bancyfelln Chapel Bro Nanl Conwy Care Pastorate C81 Newydd Independent Church Slnglng Assembty and Clrcle Churches Together in Wa]es Cymdellhas y Cymcrfl Cyrw Ysgollon Sul 40D 1,050 100 450 675 450 450 Cristion Iner(lenominatonal PUcation Denomina0al and InterdenominatiLYsal PLth?tions Ebeneser Sunday Sthool. Treuddyn Gofalaeth Bo LIanch1tyn Hope-slioh Chap81. Pontardulalg LlyfrBu Llafar Cymru The Methodlst Church Wèlsh Clrcuit BrnOnthty PUbln P8nty¢rugiau Chapgl Pri¢ydy Chapel, Caerfyrddln Publicatlon of the Word Salem Sunday School, Rhy&y-FoeVHLYeb. Bel3 yn R)5 Sunday S¢hool Councll Tabern8cle Club and Sunday SdDI.Pancader Union of Welsh Independents 750 1,450 407 375 250 750 100 400 500 300 500 100 1,100 5,957 5.950 TOTAL GRANTS PAYABLE IN THE YEAR £108,686 £71,248 13
WOMEN'S WORLD DAY OF PRAYER NATIONAL COMMirrEE FOR ENGLAND, WALES AND NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 (ColNuED) TANGIBLE FIXED ASSETS Fre8hold Office Ewipment Total Cost or Valuatlon At 1 January 2023 and al 31 Decemb8r 2023 144,000 60,056 204,056 D•pre¢lallon At 1 January 2023 Charge for the year S4,1 1,759 54.961 1.759 At 31 December 2023 56.720 56.720 Net Book Valuo At 31 Decemtrm 2023 £144,10 £3.336 £147.336 At 31 December 2022 £144.QOO £5.095 £149.095 The freehold property COnSts ofa FpertY k)cated In Cornmercial Road, Tunbridge Wells, u89d by the charity for offices and is corwuently a functional fixed asset. 11 was valugd at £150.000 on 9 DeL*mber 2010 by Bracketts. Chartered Smyors. Tunbridgèwells. Depreciationof£6,000 was charged up to 31 December 2014. 11 hag been Induded at th& nel caTryingvalu8 at l January 2016 of £144,000. It has nol b8en d8pre¢lated, as allowed by FRS 102 and the Charilles SORP. Provision will be made and the charge irKluded In deprecIaTr rf an annual Impairment review shows a pemiarent dtyninuknn in the value of the property has occurred. A valuatlon by a Chartored Surveyor on 15 September 2017 gove an open mart(et value of £185,000. 2023 2022 STOCK Stock of Goods £13.516 £1,263 DEBTORS Debtor8 PrepayThents 9,251 2.917 £2.917 £10,746 14
WOMEN'S WORLD DAY OF PRAYER NATIONAL COMMrrTEE FOR ENGLAND, WALES AND NORTHERN IRELAND NOTES TO THE FINANCIAL STATEhlENTS FOR THE YEAR ENDED 31 DECEMBER 2023 {CONTINUED) 2023 2022 CH AT BANK AND IN HAND Natlonal Westrnlnster Bank Current Account Liquidity Manager 30 Day A¢Lwnt European Fund Account Bonus Saver Llquidity Manager 35 Day Account HSBC plc Current A¢{1 (Wales) Petty Cash 9.597 12.189 28,926 12,043 540 177,626 6.440 173.541 10,041 278 9,925 132 £210,271 £231,115 LIABILMES Credknrs felllng due within yoar Accruals Other Credltors 16.296 14.035 7,206 15.530 £30.331 £22,736 10 UNRESTRICTED FUNDS General Fund Dgslgn8ted Funds Conttngency Conference Fund Fund Total Fund8 At 1 January 2023 Income Expenditure Transfer betsyeon Fund8 163.853 336,673 (361,817) (30.CI)O) 205,000 252 369,105 336.673 1362.069) (2521 30.000 At 31 Dmber 2023 £108,709 £235,000 £343,709 The Unrestricted Funds are available to be snI for any of th8 purposes of Ihe tharity. The Contlngency Fund represents amounts set aside for the continuiro opgr8lion oflh9 charty in Ihe event of a m8j0T decline in offerings, mainty caused by gevere external ovents. The Young Women's Conference Fund was closed during th&¥. It cy)mW8d fijnds set asid8k* future conferences. 15
WOMEN'S WORLD DAY OF PRAYER NATIONAL COMMITTEE FOR ENGLAND, WALES AND NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 (cOlNUED) 11 RESTRICTED FUND At 1 January 2023 Income Expgndituro 378 13781 At 31 Decembgr 2023 Th8 Restricted Fund is the Eun)pean Fund. whth was closed duTrg the year. 11 comprlsed donations receN8d to provide Ihe travel expensesfor attendanco at European Commiitees by Iwo del8gat8s from Europe who are members (rfthe Intem8tr)nal ExecutNe Committ¢B of the Wcld Day of Prayer. 12 TRUSTEES The trLK%t6B5 all gfve of thetr lime and expertlse. withoth any lomi of remunerauon or other beneflt In ca$h or kind12022: £nil). Dn9 the year. thrae trlee$ wero TermbuTS8d £7,497 {2022'. £6.2681 for travel, telephone and office expernes Inrred in ()nnectic wilh the operatlon of the charity. Twstees, liability Insurance has en ob12ined at a cost of £632 {2022'. £910). 13 RECONCIUATION OF FUNDS Total 2023 Total 2022 Fund8 Fund At 1 January 2023 369,105 378 369,483 427,498 Net Movements in Funds for the year 125,396) {3781 (25,TT4) 158,015) Al 31 Dec8mb8r 2023 £343.709 £343,709 £369,483 Represented by: Flxed Assets Current Assets Current Liabilities 147.336 220,704 130.331) 147,336 149,095 226,704 243,124 (30,331) 122,736) £343.709 £343,709 £369,483 14 FINANCIAL COMMITMENTS The ¢harlty had no annu81 commitments under non4ancellable op8rating leas8s at 31 De¢ember 2023 or at 31 December 2022. 16