2022-09-30-accounts - Worldwide Mission Fellowship

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			Page
Reference and administrative	detalh
Report ofthe trustees		2	to	5
Report ofthe independent auditors		6	to	8
Statement offinancial activities
Statement offinancial position			10
Statement ofcash llows
Notes to the financial statements		12	to	18
Detailed statement offinancial	activities		19

STATE	MENT OF FINANCIAL PO 30TH SEPTEMBER2022	SITION
		2022	2021
	Notes	8	K
FIXEDASSETS
Tangible assets		3,363,994	3,364,181
CURRENT ASSETS
Debtors	12	8,916	7,862
Cash at bank		2,755,348	2,590,246
		2,764,264	2,598,108
CREDITORS
Amounts falling due within one year	13	(5,851)	(4,953)
NET CURRENT ASSETS		2,758,413	2,593,155
TOTAL ASSETS LESSCURRENT
LIABILITIES		6,122,407	5,957,336
NET ASSETS		6,122,407	5,957,336
FUNDS	15
Unrestricted funds		6,122,407	5,957336
TOTAL FUNDS		6,122,407	5,957236

		RT	HE	YEAR ENDED 3	0T SKPTEINBER2022
				Notes	2022	2021f
Cash flows from operating	activities
Cash generated from operations				17	165,102	145,512
Net cash provided by operating		activities			165,102	145,512
Change in cash and cash equivalents			ln
the reporting period					165,102	145,512
Cash and cash equivalents	at	the
beginning ofthe reporting	period				2,590,246	2,444,734
Cash and cash equivalents	at	the end	of
the reporting period					2,755,340	2,590,246

scheme are cha	scheme are cha	rged to the Statement ofFinancial Activities in th	rged to the Statement ofFinancial Activities in th	e period to which	they relate.
DONATIONS		AND LEGACIES
					2022	2021
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			f	f	f	f
Tithes and offering			307,660		307,660	277,597
INVESTMENT INCOME
					2022	2021
			linrestricted	Restricted	Total	Total
			funds	funds	funds	funds
					f	f
Investment	income		1,550		1,550	192
INCOME	FROM CHARITABLE ACTIVITIES
					2022	2021
			Activity		f	f
Conferences	and events		Missions and donations		2,021	250
CHARITABLE ACTIVITIES			COSTS
				Direct	Support
				Costs (see	costs (see
				note 6) f	note 7) f	Tatalsf
Church expenses				141,141	5,019	146,160

6.	DIRECT COST	S OF	CH	ARITABLE ACTIVITIES
						2022	2021
						g
	Trustees' remuneration		etc			61,502	58,565
	Staff costs					11,158	10,975
	Rates					10,093	9,904
	Insurance					8,079	7732
	Light and heat					10,273	9,655
	Telephone and internet					3,403	3,300
	Postage and stationery					1,893	2,607
	Conferences and	events				4,442	3,800
	Media team expenses					1,442	2,043
	Church supplies					1,347	1,074
	Honorarium					1,000	2,000
	Motor expenses					1,988	1,710
	Repairs and maintenance					15,954	6,953
	Subscription					5,344	5,343
	Hall hire					2,964
	Bank charges					72	18
	Depreciation					187	4,968
						141,141	130,647
7.	SUPPORT COSTS
							Governance
							costs
							8
	Church expenses						5,019
	Support costs, included		in the above, are as follows:
	GOVERNANCE	COSTS
						2022	2021
						Church	Total
						expenses	activities
						g	8
	Auditors' remuneration					4,666	4,666
	Auditors' remuneration		for	non audit work		353	560
						5,019	5,226
8.	AUDITORS' REMUNERATION
						2022f	2021 8
	Fees payable to the charity's			auditors for the audit ofthe charity's	financial
	statements					4,666	4,666
	Other non-audit	services				353	560

The average monthly number ofem	ployees during the year was	as follows:
			2022	2021
Pastors			2		2
Administrative staff			1		1
			3		3
No employees received emoluments	in excess of860,000,
TANGIBLE FIXEDASSETS
	Freehold	Plant and	Motor
	property f	machinery	vehicles	Totals 8
COST
At 1stOctober 2021 and
30th September 2022	3,363,700	222,908	23,509	3,610,117
DEPRECIATION
At 1stOctober 2021		222,794	23, 142	245,936
Charge for year		114	73		187
At 30th September 2022		222,908	23,215	246,	123
NET BOOK VALUE
At 30th September 2022	3,363,700		294	3,363,994
At 30th September 2021	3,363,700	114	367	3,364,181

							2022	2021
							f	f
	Prepayments						8,916	7,862
13.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE					YEAR
							2022 f	2021f
	Taxation and social security						1,185	289
	Other creditors						4,666	4,664
							5,851	4,953
14.	ANALYSIS OFNET ASSETS			BETWEEN FUNDS
							2022	2021
					Unrestricted	Restricted	Total	Total
					fundsf	funds f	funds f	funds f.
	Fixed assets				3,363,994		3,363,994	3,364,181
	Current assets				2,764,264		2,764,264	2,598,108
	Current liabilities				(5,851)		(5,851)	(4,953)
					6,122,407		6,122,407	5,957,336
15.	MOVEMENT		IN FUNDS
							Net
						At	movement	At
						1.10.21	in funds f	30.9.22 f
	Unrestricted	funds
	General fund					5,957,336	165,071	6,122,407
	TOTAL FUNDS					5,957,336	165,071	6,122,407
	Net movement		in funds, included	in the	above are as follows:
						Incomiug	Resources	Movement
						resources f	expended f	in funds f
	Unrestricted	funds
	General fund					311,231	(146,160)	165,071
	TOTAL FUNDS					311,231	(146,160)	165,071

Compara	tive	s for movement in f	unds
				Net	Transfers
			At	movement	between	At
			1.10.20	in funds	funds	30.9.21
			f	f	f
Unrestricted		funds
General	fund		4,058,174	142,166	(268,250)	3,932,090
Designated		fund	1,756,996		26&,250	2,025,246
			5,815,170	142,166		5,957,336
TOTAL	FUNDS		5,815,170	142,166		5,957,336

			FORTHE YEAR ENDED T S PT MRK 20	FORTHE YEAR ENDED T S PT MRK 20	22	22
RECONCILIATION			OF NET INCOME TO NET CASH FLOW FROM		OPERATING ACTIVITIES
					2022	2021
					f	8
Net income	for the	reporting		period (as per the Statement offinancial
activities)					165,071	142,166
Adjustments	for:
Depreciation	charges				187	4,968
Increase in debtors					(1,054)	(673)
Increase/(decrease)		in	creditors		898	(949)
Net cash provided		by	operations		165,102	145,512
ANALYSIS	OF CHANGES			IN NET FUNDS
				At 1.10.21	Cash flow	At 30.9.22
					8
Net cash
Cash at bank				2,590,246	165,102	2,755,348
				2,590,246	165,102	2,755,348
Total				2,590,246	165,102	2,755,348