Transforni the World Limited Trustees, Report The trustees. who are directors for the purposes of company law. present the annLEal report together with the financial statements of the charitable ¢ompany for the year ended 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. W¢ have had some key achievements and have put in place a sound governance structure and continue to have a¢cess to use of registered office space. Fundraising disclosuras Most 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 wich funding bring secured from TBF Thompson Trust Fund. Public benefit Funds have been expended on administration, office costs, travel and venuethospitality costs. This has enabled us to:_ a) Hold board meetings b) Develop and meet with our volunteers ) 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 Encourager5 Network fi Engage with 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 full review of the cliarity. This resulted in the change of our operational name from 'Christiams Who Lead, to 'Transfortn the Word,. Trustees and officers The trustees and officers serving during the year rAnd Since the year end were as follows: Trustees: Mr Thomas Stewart (resigned l O August 2024) Ms Audrey Curry Professor Christopher Shaw Mr James Am)strong {r¢signed 5 June 2023) Mr Fergus Mcmorrow Page 2
Transform the World Limited Trustees, Report Structurey govern2nce 4nd management Nature ofgoverning documenl The charity is a company limited by guaranlee. governed by its M¢morandum and Articles of Association. It has been granted charitable staus by the Charities Commission for Northern Ireland under registration Number NIC107947. Statement of trustee5' responsibilities The trusiees (who are a150 the directors of Transform the World Limited for the purposes of company lawl are responsible for preparing the trustees, report and the fiiiancial 5tatemeii15 in accordance with applicable law and United Kingdom Ac¥ouniing Siandai-ds (Uniied Kinodom Geiierally Accepted Accounliiig Practice), including FRS 102 'The Financial Reporting Standard applicable in the iJ& and Republic of Ireland" Company law requires the trustees lo prepare financial Statements for each financial year. Under coinpany law the trustees must not approve the financial statement5 unles5 Ihey are satisfied that they give a true and fair view of ihe state of affairs of the charitable ¢ompany and of the incomints resource5 and application of resources, including ils income and e.Ypeiidilure, of the cliaritable company for that period. In preparino these financial stateiiients, the trustees are required to.. select suitable accounting policie5 and apply them consi5tently' observe the methods and pi-inciples in the Cliarilie5 SOFiP- make judtsenients and estimates that are reasoiiable and prudent. state whether appl icable accounting standards, comprising FRS 102 have been followed, subject 10 any maierial departures disc105ed and explained in th¢ financial stat¢tnents' and prepare the financial statements on the goino concern basis unless it 15 inappropriate fo presuine that ihe charitable company will continue iii bLisiness. The Irustees are responsible for keepine proper accountino records that can disclose with reasonable accuracy al aiiy time the financial position of ihe charitable company and enable them to ensure tlial the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable Company and hence for takiiits reasonable steps for Ihe prevention and delecrion of fraud ai)d otlier irregularities. The trustees are responsible for rhe maiiitenance and integrity ot the corporate and financial information included on the charitable company's M'ebsite. Legislation govemiiig the preparation and dissemination of finan¢ial statements may differ from legislation in otli¢r jurisdictioiis. The annual report was approved by the trustees of the charity on 15 October 2074 and Silyned on ils behalf by.. Professor Christopher Sham, Trustee Page 3