WORLD VISION FOR CHRIST
FINANCIAL STATEMENTS FOR YEAR TO 31st DECEMBER 2024
Charity No: 288179
WVFC ACCOUNTS 2024
World Vision For Christ
Trustees Angela Owusu Abigail Chambers Barbara Cox Bankers HSBC Bank Plc 126 High Road Ilford Essex IG1 1DA Independent Examiner Thomas Ojo PPS Accountants 11 Farnes Court Worksop Nottinghamshire S81 0LZ Registered Address 70 Sixth Avenue Manor Park London, E12 5PR Charity Number 288179
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WVFC ACCOUNTS 2024
World Vision For Christ
Index
| Contents | Page |
|---|---|
| Trustees' Report | 1 |
| Independent Examiner's Report | 2 |
| Receipts and Payments Account | 3 |
| Statement of Assets and Liabilities | 4 |
| Notes to the Accounts | 5 |
WVFC ACCOUNTS 2024
Report of the trustees For the year ended 31st December 2024
The trustees present their report and the financial statements for the year ended 31st December 2024. The trustees who served during the year and up to the date of this report are set out on page 1.
Structure, governance and management
World vision for Christ is a registered charity with 3 trustees making up the management committee.
Objectives and activities
The objective of the organisation is to promote the Christian faith. This includes: Radio, crusades, church planting. Printing and distribution of Christian literature, Audio & DVD, and the support of Christian missionaries. Regular church meetings are held on Sundays 11am, Tuesdays 8pm, Thursdays 7.30pm and Saturdays 7.30 PM every la Saturday of the month. Children’s Club is on Wednesdays 7pm.
Achievements and performance
The Assemblies of World Vision for Christ are still active in their communities and please to report that they are able to spread out support to many other Christian charities and good causes. For a number of years Paragon Chapel have held t annual Coffee Morning for MacMillan, which of course involves the neighbours near the church.
Wednesday Special Children’s Club is now in its 54th Year of bringing youngsters together from the immediate area and beyond. This year we have seen new children arriving with most of them becoming regular members. As some of them co from further afield, members of the church have committed to giving lifts to these children. Thankfully we can report that a number of our young people are staying on, and so our teens group is also growing. Our regular staff are able to give valu help and advice as these young people navigate the teenage years.
The Radio Ministry is also growing through our radio station. Listenership is up and more Gospel programmes have been added. Through the natural course of life, we have lost valuable members of our long standing congregation, however young people are stepping up and with their joint knowledge and energy we are thankful that they can ’step in’. Of course our Assemblies hold other meetings throughout the week and the church doors are open for those looking for some ‘peace and quiet’ and a listening ear.
Financial review
Total income for the year was £104,785 and total expenditure was £102,124.
Statement as to disclosure of information to Independent Examiner
In so far as the trustees are aware: There is no relevant information of which the charity's Independent Examiner is unaware of; and The trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the Independent Examiner is aware of that information.
Statement of trustees' responsibilities
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity and of the incoming resources and application of resources of the charit for that year. In preparing these financial statements the trustees are required to:
Select suitable accounting policies and then apply them consistently; Observe the methods and principles in the Charities SORP; Make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time o of the financial position of the charity and enable them to ensure that the financial statements comply with section 130 Charities Act 2011 and the Charity (Accounts and Reports) Regulations . They are also responsible for safeguarding
WVFC ACCOUNTS 2024
the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
dawn chambers 25/09/2025
………………………
Mrs Dawn Chambers On behalf of the board
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World Vision For Christ
Independent examiner's report to the trustees on the unaudited financial statements of World Vision for Christ.
I report to the charity trustees on the accounts of World Vision for Christ for the year ended 31 December 2024 set out on pages 1 to 5
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act).
I report in respect of my examination of your charity's accounts as carried out under section 145 of the 2011 Act and In carrying out my examination I have followed all the Directions given by the Charity Commission (under section 145 (5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving cause to believe that in any material respect:
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accounting records were not kept in accordance with section 130 of the Act, or
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the accounts do not accord with such records; or
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the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the Charities SORP (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
thomas Ojo
Thomas Ojo ( BA, BSc, FCPA) Independent examiner
Date: 26/9/2025
WVFC ACCOUNTS 2024
World Vision For Christ
Receipts And Payments Account
For Year Ended 31st December 2024
| World Vision For Christ Receipts And Payments Account For Year Ended 31st December 2024 |
|||||
|---|---|---|---|---|---|
| Notes | 2024 | 2023 | |||
| £ | £ | £ | £ | ||
| Income Receipts | |||||
| Offerings | 2 | 104,785 | 94,338 | ||
| Other | 28,350 | ||||
| 104,785 | 122,688 | ||||
| Investment Income | |||||
| Bank Interest | |||||
| Total Receipts | 104,785 | 122,688 | |||
| Direct Charitable Expenditure | |||||
| Salaries | 6 | 16,216 | 13,935 | ||
| Rent and rates | 2,316 | 2,481 | |||
| Insurance | 7,612 | 7,960 | |||
| Light and Heat | 20,000 | 19,015 | |||
| Repairs and Maintenance | 20,697 | 34,853 | |||
| Printing, Postage and Stationery | 4,237 | 1,303 | |||
| Telephone | 5,991 | 6,856 | |||
| Travelling Expenses | 193 | 468 | |||
| Tools and Small Equipment | - | 523 | |||
| Donations | 1,231 | 2,904 | |||
| General Expenses | 10,829 | 13,726 | |||
| 89,322 | 110,880 | ||||
| Other Expenditure | |||||
| Legal and Professional | - | ||||
| Accountancy and Bookkeeping | 750 | 500 | |||
| Bank Charges and Interest | 202 | 172 | |||
| 952 | 672 | ||||
| Other Payments | |||||
| Purchase of Motor Vehicles | |||||
| Purchase / Lease of Equipment | |||||
| Investment | |||||
| Bank Loan Repayment | |||||
| PCA loan repayment | 11,850 | 12,950 | |||
| Personal Loan Repayment | |||||
| 11,850 | 12,950 | ||||
| Total Payments | 102,124 | 124,503 | |||
| Net Receipts for the year | 2,661 | (1,814) | |||
| Bank Balance at 31/12/2024 | 1,655 | 1,623 | |||
| Net Surplus / (Deficit for Year) | 4,316 | (191) |
WVFC ACCOUNTS 2024
World Vision For Christ
Statement of Assets and Liabilities
For Year Ended 31st December 2024
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| Monetary Assets | |||
| Cash at Bank and in Hand | 1,655 | 1,623 | |
| Bank Overdraft | |||
| 1,655 | 1623 | ||
| Liabilities | |||
| Independent Examiner's Fee | 750 | 500 | |
| Bank Loan | - | ||
| Personal Loans | 8,284 | 22,937 | |
| Credit union Loan | |||
| 9,034 | 23,437 | ||
| Non Monetary Assets Held for Own Use | Cost (£) | Year Of | |
| Purchase | |||
| Buildings | |||
| Full Gosport Assembly, | |||
| Aylesford Road, Hansworth, Birmingham 21 | 525,000 | 25,000 | 1984 |
| 233-241 Glyn Road, London E5 | 900,000 | 64,000 | 1992 |
| 133 Charleston Road, Portadown, N/Ireland | 300,000 | 80,000 | 1994 |
| 243 Glyn Road, London E5 | 900,000 | 75,424 | 1997 |
| 16-24 Francis Street, Stratford London, E15 | 525,000 | 46,000 | 2002 |
| Motor Vehicles | |||
| Others | |||
| Tents and Accessories | 3,772 | ||
| Marquee | 2,000 | ||
| Computer | 650 | ||
| Video Recorder, Portable Keyboard, Piano, other music and assorted equipment | 5,000 |
The Accounts were approved by the trustees on the 25/9/2025 and signed on it's behalf by:
dawn chambers
……………………. Mrs D Chambers Gen. Secretary
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World Vision For Christ
NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 DECEMBER 2024
1 Accounting Conventions
The financial statements have been prepared using the historical cost convention on a receipts and
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2 Income is made up of mainly church offerings and donations and is completely unrestricted
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3 All receipts and payments relate to general unrestricted funds
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4 Charity Trustees are only paid to cover out of pocket expenses.
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5 Some trustees and related parties have provided personal loans which form part of current liabilities to be repaid in the future.
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6 Salary figures is made up of payments to volunteers and non-salaried occasional workers.
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