Company registration number.. NJ650636 Charity registration number.. 107947 Transforn] the World Limited (A company limited by guarantee) Annual Report 2nd Financial Statements for the Year Ended 31 Jartuary 2024 Thomas Oliver & Associates Limited Certified Public Accountant l Moygash¢l Mills Park Dungannon Co Tyrone BT717DH Transform the World Limited Contents Reference and Administrative Details Trustees, Report 2to3 Independent Examiner's Report 4t05 St&tement of Financial Activities Balance Sheel Notes to the Financial Statements Transform the World Limited Reference and Administrative Details Charity Registration Number 107947 Company Registration Number N1650636 The charity is incorporated in Northern Ireland. 9 Carolhill Park Ballymena Co Antrim BT42 2DF Registered o￿lee Independent Examiner Thomas Oliv¢r & Associates Litnited Certified Public Accountant Moygashel Mills Park Dungannon Co Tyrone BT717DH Page I Transform the World Limited Trustees, Report The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year end¢d 31 January 2024. Objeetives and activities Objeets and aims During this year progress has continued to develop significantly, particularly online and in person as international travel has become possible again. We have had some key achievements and have put in place a sound governance structure and ¢onlinue to have access to use of registered office space. Fundraising diselosures Mosl of the funds raised have been by way of voluntary donations from donors who have either made a one-off donation or have a montthly direct debit commitment. Applications were Submitted for funds to a few Trust funds with fundino bring secured from TBF Thompson Trust Fund. Publte benefit Funds have been expended on administration, office costs. travel and venuelhospitality ¢osts. This has enabled us to'.- a) Hold board meetings b) Develop and meet with our volunteers c) Source content from articles and build an online resource library dl Successfully run leadership development courses for leaders online via Zoom e) Continue to run the Encouragers Network fj Engage ivith leaders in 25+ nations g) Provide leaders with access to weekly online prayer support h) Further develop the 'Wisdom Download podcast, framework During this year we also conducted a fiEII revieiv of the chartty. Tliis resulted in the change of our operational name from 'Christiam5 Who Lead, to 'Trdnsfom] the Word,. Trustees and officers The trustees and officers serving during the year and since the year end were as follows.. Trustees: Mr Thomas Stewart (resigned 10 August 2024) Ms Audrey Cu Professor Christopher Shaw Mr James Armstrong (resigned 5 June 2023) Mr Fergus Mcmorrow Page 2 Transform the World Limited Trustees, Report Structure? govern2nce and management Nalure ofgoverniiig document The charity is a company limited by guarantee. goveri)ed by its Memorandum and Articles of Association. It h8S been granted charitable staus by the Charitie5 Commission for Northern Ireland under registration Number NTIC107947. Statement of trustees, responsibilities The trustees (who are also the directors of Tran5forni the World Limited for the purposes of company lawl are responsible for preparing rhe trustees, report and tlie financial statements in accordaiice with applicable law and United Kiiigdom Aecounling Siandai'ds (United KincTdom Geiierally Accepted Ac¢ountiiig Practice), including FRS 102 'The Financial Reporting Standard applicable in the and Republic of Ireland" Company law requires the trustees to prepare financial sialemen15 for each financial year. Under coinpany laii, the trustees mLlSt not approve the financial statetnents unle55 they are satisfied that th¢y give a true and fair view of The stale of affairs of the charitable ¢ompany and of the incomino resources and application of resources, including ils inconie and e.Ypeiiditure. of the cl)arilable ¢ompaiiy for that period. In preparino these financial stateiiienTS. the trustees are required to: sel¢ct suitable accounting policies and apply them consistently. observe the rnethods and principle5 in the Charities SORP. make judtsements and estiniate5 that are reasonable and prudent; state whetheT applicable accounting standards, comprisiniy FRS 102 have been followed, 5ubj¢ct 10 any marerial depa.tur¢s disc105ed and eliplain¢d iii the fii)ancial stat¢m¢nt5- and prepare the financial slalements on the goino con¢em basis Linless il is inappropriate to presume tliat the charitable company will continue iii bLisiness. The trustees are responsible for keeping proper accounrino records Ilial can disclose with reasonable accuracy al aiiy time rlie financial position of the charitable company and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safegu8rdiiig the assets of the charitable company and hence for takino reasonable steps for the prevention and deie¢iion of fraud aiid otlier irregularilies. The trustees are responsible for ihe maiiitenance and integrity of ihe Corporate and financial information included on the charitable company's u'ebsiie. Leoislation governiiig the preparation and di55eminaiion of financial statemenis may differ from legislation in other jurisdi¢tioiis. The annual repon ivas approved by the trusrees of tlie charity on 15 O¢tober 2024 and signed on its behalf by: Professor Christopher Sham, Trustee Transform the World Limited Independent Examiner's Report to the trustees of Transform the World Limited ('the Company,) I report to the charity trustees on my examination of the accounts of th¢ Company for the year ended 31 January 2024. Respective responsibilities of trustees and examiner A5 the charity's trustees of Transfom the World Limited (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Charitie5 A (Northern Ireland) 2008. Having satisfied myself that the accounts of Transform the World Limited are not required to be audited under section 65 of Charities Act (Northern) Ireland 2008 and that an independent examination is needed. It is my responsibility to:. examin¢ the accounts under section 65 of the Charities Act to follow th¢ procedures laid down in the general Directions given by the Charity Commission for Northem Ireland under section 65 {9}(b) of the Charities Act to state wheilier particular matters have ¢ome to my attention Basis of Independent Examiners, Report I have examined your charity accounts as required under section 65 of the Cliarities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9){b) of the Charities Act. An examination included a review of the accounting records kepi by the charity and a comparison of the a¢¢ounts presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and seeking expalnations from the trustees concerning any stlch matters.. I confirni that no matters have Come to my attenlion in ¢onnection with the examination giving me cause to believe: l. That a¢¢ounting record5 were not kept in respect of Transform the World Limited as required by section 63 of the Charities Act. or 2. That the accounts do not accord with those records- or 3. That the accounts do not comply with the accounting requirements of the Charities Act. 4. That there is further infornialion needed for a proper understanding of the accounts tobe rearhed. Page 4 Transform the World Limited Independent Examiner's Report to the trustees of Transform the World Limited ('the Company,) ndependent Examiner's Statement I have ¢ompleted my examination and have no concerns in respect of the matter (l } to (4) listed above and in connections with the following directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention ssociales Limited Certified Public Accountant l Moy