COMPANY NO. NI 37166 WORD AND WORSHIP GLOBAL OUTREACH LIMITED REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5TH APRIL 2024 NORTHERN IRELAND CHARITABLE COMPANY XR 31541 JJC Accountancy Ltd 80 Broughshane Street Ballymena Co. Antrim BT43 6ED Word and Worshi Global Outreach Limited Financial Statements for the ear ended 5th A ril 2024 Contents Pages Directors & Advisors Directors, Report Statement of Financial Activities Balance Sheet Notes to the Accounts Detailed Statement of Financial Activities Word and Worshl Global Outreach Limited Directors and Advisors Directors Rev Eugene A. Smith Dr Steven Mccurdy Mrs Darla Marie Smith Secreta Mrs Darla Marie Smith Re Istered Office 24 Wellington CreS￿nt BALLYMENA BT42 2RZ Page 2 Word and Worshi Global Outreach Limited Directors. Re The Directors present their report, and the unaudited financial statements, for the period ended 5th April 2024. Princi le Activities The Statement of Financial Activities for the period is set out on page 5. The principle acttvities of the company are to.. Advan￿ the Christian Religion throughout the United Kingdom of Great Britain and Northern Ireland and elsewhere without geographical or secretarian limitation. To proclaim the Gospel of Jesus Christ and to train and prepare workers for Christian service., publish Christian Educational material and religious music,. to establish and supervise local Churches and to conduct foreign missions. To assist those in povety and to provide for basic human need. Review of the Activities The directors are satisfied with the achievement in charitable work for the ministry for the year. They anticipate an increase in donation in the ensuing year, hereby allowing outreach and ministry to multiply so that many more people can be blessed. Results The results for the year and the charity's financial position at the end of the year are shown in the attached financial statements. Dlrectors The company is limited by guarantee, not having a share capital. The Directors of the company at 5th April 2024, all of whom have been directors for the whole of the period ended on that date, were.. Rev Eugene A. Smith Dr Steven Mccurdy Mrs Darla Marie Smith Page 3 Word and Worshi Global Outreach Limited Directors Re Contlnued Directors. Res onsibili Statement The directors are responsible for preparing the Directors, Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to: select suitsble accounting policies and then apply them consistently., make judgments and accounting estimates that are reasonable and prudent., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial ststements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. B Order of the Board Rev. Eugene A. Smith Director 24th October 2024. Page 4 Word and Worshi Global Outreach Limited Statement of Financial Activities for the ear ended 5th A ril 2024 Notes 2024 2023 Incoming Resources 72,409 67,733 Resources Expended 73,363 67,003 Net Incoming Resources (954) 730 ReSoUr￿S Brought Forward 47,996 47,266 Resources Carried Forward 47,042 47,996 The above amounts relate to the continuing operations of the company. The company has no ￿COgnised gains or losses other than those included in the results above, and therefore no separate statement of total recognised gains and losses has been presented. Page 5 Word and Worshi Global Outreach Limited Balance Sheet as at 5th A ril 2024 Notes 2024 2023 Fixed Assets Tangible Assets Current Assets Debtors Cash at Bank 3,927 44,646 48,573 3,982 46,294 50,276 Creditors - Amounts falling due within one year Other Creditors 1,531 2,280 Net Current Assets 47,042 47,996 Total Assets less Current Liabilities 47,042 47,996 Funds Net Income Resour￿5 Carried Forward 47,042 47,996 For the year ended 5th April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors. Responsibilities The members have not required the company to obtain an audit in acordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies, regime. The company has taken advantage of the Companies Act 2006 section 444(1 } and opted not to file the Statement of Financial Activities. On behalf of the board Rev. E gene Smith Darla Marie Smith 24th October 2024. The accounting policies and notes on page 7 form part of these financial statements. Page 6 Word and Worshi Global Outreach Limited Notes to the Financial Statements for the ear ended 5th A ril 2024 Principal Accounting PolFcies Basis of Preparation of Financlal Statements The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Tangible Fixed Ass•ts The company has no fixed assets. Income Donations are accounted for on a receivable basis, i.e. where gifts are made under Gift Aid, Income Tax recoverable is accrued. Taxation Tax recoverable has been accrued and shown in the accounts as Debtors. 2024 2023 Debtors Gift Aid Tax Refund Taxation & Social Security Other Debtors 3,927 3,982 3,927 3,982 Creditors - Amounts falllng due within one year Taxation & Social Security Accrued Expenses 841 690 1,531 2,280 2,280 Page 7 Word and Worshi Global Outreach Limited Detailed Statement of Financial Activities for the ear ended 5th A ril 2024 2024 2023 Incoming Rasources Gift Aid Donations Non Gift Aid Donations Income Tax Refundable Interest Received 46,299 12,034 13,466 610 72,409 42,270 13,095 12,235 133 67,733 Resources Expended Wages and Salaries Pension Travel Expenses Rent Insurance Heat and Light Water Charges Telephone 50,871 1,650 868 10,000 1,951 1,590 193 900 45,691 1,800 920 10,000 2,128 1,680 161 591 k I I Mission & Ministry Costs Subscriptions Accountancy Fees Kitchen & Cleaning Supplies Printing & Office Supplies Repairs and Renewals Media Bank Fees 2,555 543 690 123 138 1,134 36 121 103 552 1,140 901 49 1,138 34 115 Total Resources Expended 73,363 67,003 Net Incoming l (Outcomlng Resources) 954} 730 Page 8