Charlty Reglstratioh Na. 269381 WORDS OF LIFE MINISTRIES ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 Caladine Charlered Cerlilied Accountonls Words of Ufe Minlstries Contents For the year ended 30 September 2022 Pase Trustees report Independent examinerf5 report Recelpts and payments accounts Statement of assets and Ilabllltles Note5 to the accounts Words of Llfe Minirtrie5 Trustees, report For the year ended 30 September 2022 The Trustees P￿sent thebr annual report and financlal Statements for the year ended 30 September 2022. Charltable $t•tus The charlty is re815tered (No. 2693811 and 8overned Sn accordance with a Trust Deed dated 25 March 1975. Oblertlves and a¢tlvltles The Trust exlsts for the propagatlon of the Chrlstian faith in the Unlted Kingdom and elsewhere throughout the world, throu8h the promotion of the recorded and wrltten mlnlstrles of the late Rev. Francis Dlxon. It also supports the itinerant mlnlstry in the Unlted Klngdom and overseas of Rev. David and Mrs MaryTucker. The actfvities of the Trust throu8hout the year have fulfllled these oblective5. Publlc benefit The Trustees have pald due re83rd to the guldance issued by the Charlty Commlsslon in decldln8 which actlvities the Trust should undertake. AchS•vements and perfornian Durlng the year, the publicatlon5 of the Trust have contlnued to be dSstrlbuted, on request, within the UK and overseas. Other materlal Is also freely available via the Trust's web5kte. The website contlnues to be well used. No charge is made for any of the publlcatlon5 or recordlngs. The Ilftlng of Covid restrictlons have opened up more opportunltles for.in person" speaklng engagernents wlthln the UK. No overseas vSsits have been made, but there are some openln8s for travel In 2023. The Trustees are thankful for the donor5 who have contlnued to support the Trust financlally throughout the year. On 25 November 2022. an applScatlon was made to the Charities Comm155ion for the charity to convert to a CIO. Approval was granted on 29 December 2022. As soon as a bank account ha5 been opened for the CIO, the assets of this charlty wlll be transferred to the CIO. ## ## ## Words of Life Minlstrles Independent examIne￿$ report For the year ended 30 September 2022 I report to the charity trustees on my examlnation of the accounts of Words of Life MSnlstrles for the vear ended 30 September 2022, which are set out on pages 4 to 6. Responslbllltles and ba51$ of report As the trustee5 of the Charity you are responsible for the preparation of the accounts in accordance with the requlrements of the Charltles Act 20111'the Act'l. I report in respect of my examinatlon of the Charitws accounts carrled out under 5ectlon 145 of the 2011 Act ond in carrying out my examination I have followed all the applicable Directions given by the Charlty Commlssion under section 14515llbl of the Act. Independent ex•mlner's statement I have completed my examlnallon. I confirm that no materlal matters have come to my attentlon In connectlon wlth the examination 8ivinB me cause to believe that in any materlal respect: accounting records were not kept In respect of the Charlty a5 requlred by sectlon 130 of the Act,- or the accounts do not accord wlth th05e records,. or 3. the account5 do not compty wlth the appllcable requlrements concernlng the form and content of accounts set out in the Charlties IAccounts and Reports) Regulotion5 2008 other than any requirement that the accounts glve a 'true and falr vlew whlch is not a matter consldered as part of an Independent examlnatlon. I have no concerns and have come acros5 no other matters In connectlon with the examlnatlon to whlch attention should be drawn in thls report In order to enable a proper understandin8 of the accounts to be reached. J R Caladlne FCCA Caladine Limited Chartered Certified Accountants Chantry House, 22 Upperton Road Ea5tbourne, BN21 IBF Oate.. Word5 of Life Minlstrles ecel ts and ments account For the ear ended 30 Se tember 2022 Year to 30 Semember 2022 General 5peclal fund projects Totsl Year to 30 September 2021 General Speclal Fund Proj•cts Total Income Gifts and donations Tax ￿cOVered Bank Interest 17.102 27,8CQ 1.760 18 44,902 1.760 18 22,173 24,494 46.667 1,911 1,911 TOTAL 18.880 27.800 46,680 24,090 24.494 48.584 Expendlturè MlnSstry expenses Motor expen5e5 Travel expenses Postage and frelght Telephone and emall Printin8 StatSonery Webslte & computer costs Heat & Ilght Professlonal fees Trustees meetlngs Bank charges Other expenses Projects Exchan8e rate differences 12,582 12.582 2.128 2,128 1,498 1,498 2,802 2,802 725 725 614 614 154 154 1,923 1,923 loo loo 720 720 256 256 657 657 613 613 4,835 34,742 39,577 14.7911 14,791) 12,204 2,243 12,21yI 2,243 3,156 862 1,796 253 124 loo 720 3,156 862 1,796 253 124 loo 720 401 401 318 318 1,403 21,033 22,436 461 461 TOTAL 29,607 29.951 59,558 23,640 21,434 45.074 Excess of Income cNer expendlture 110,7271 12,1511 112,8781 450 3,510 Openln8 balance 62,928 3,797 66,725 62,478 737 63,215 Closlni balance 52,201 1,646 53,847 62.928 3.797 66.725 ## |WordsofLifeMinistries|WordsofLifeMinistries||| |---|---|---|---| |Statement ofassetsandliabilities|||| |Asat3OSeptember 2022|||| ||3OSep2O22
Ef.€f||30Sep2021| |Cashfunds|||| |HSBCcurrentaccount|z,IJ,l||1,539| |HSBCdepositaccount|49,283||59,616| |uss|2,453||5,571| ||||66,725| |Representedby:|||| |Generalfund||52,201|62,928| |Specialprojects restrictedfund||L,ilti|3,797| |||53,U7|66,725| |Other monetaryassets|||| |Gift aid reclaimable||961|979| |Liabilities|||| |lndependent examination||720|720| Words of Llfe Ministries Notes to the accounts or the ear ended 3 r 2022 Basls of preparatlon The Financlal Statements have been Prepared on a recelpts and payments basls In accordance with Sertion 133 of the Charities Act 2011. Funds The charity operates a General Fund for It5 general actlvltles. It also malntalns re5trlcted funds for specific charity related projects for which donation5 are received. Related party transactlons None of the TIu5tees receive ￿MUner3t1On. Durlng the year the trustees were relmbursed total of £256 for travel and subsistence cost$12021.. £nlll.