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2022-12-31-accounts

Annual Report of Hope Church 2022

Charity Number 1052769

Registered Address: - Marsh Lane, Stone Cross, West Bromwich, West Midlands, B71 2DR

Trust Deed dated: 2008

Trustees:

Mrs Michelle Walker stepped down as a trustee in September 2022, and Miss Elizabeth Ball was appointed to replace her on the 4th of September 2022.

Bankers: - HSBC, High Street, West Bromwich & Kingdom Bank, Nottingham

Objectives: - The objectives of the charity are

Management: -

The management of the Church is by a Core Leadership team, which met formally bi-weekly up to September, after which monthly meetings were held when possible.

Activities: -

Church refurbishment & other work: -

Signed

on behalf of the trustees.

2021
lncome Unrestricted
fe
Restricted TotalFunds
f
f
Tithes and offerings 77,069 77,069 67,757
Gift Aid 10,279 1A,279 4,168
JRS Grants received 8,795
lnterest received 1,041 1,041 31
lncomefromdepartments 609 1S,630 17,239 1,928
Totallncome 88,998 16,630 105,628 82,579
Expenditure L f
Utility bills 3,653 3,653 1,475
Ministry 63,560 63,560 55,002
lnsurance 1,539 1,539 1,453
AOG donations 2,615 1,105 3,720 2,784
Telephone 391 391 343
Buildings maintenance 10,362 4,574 14,932 1,370
lTand equipment maintenance 470 47A 1,518
Equipment hire 1,296 1,296 739
Stationery, printingandadvertising 426 426 249
Sundry 2,306 2,306 468
Department expenses 3,04; 3,O45 33,875
Children 609 132 741 268
Bankcharges 209 209 32
Accountancy fees 1,497 1,497 546
Depreciation 360 360 360
Total Expenditure 89,282 8,852 98,{34 ,100,182
f t f t
Surplus(deficit) for year {284) 7,779 7,494 (17,903)
Transfers between funds (2171
Broughtforward at1January 41,211 41,211 59,114
Carriedforwardat31 December 44,710 7,995 49,705 41,21'l

ffi 2422
fI
2021
Unrestricted
f.t
2021
Unrestricted
f.t
Restrieted
Fixed Aesets
Fixtures andfittings
Officeequipment 360 720
360
Current assests
Bank 41,502- 7,995 41t54-
Prepayments
41,502 _ 7,995 41,150
CurrentLiabilities
Creditors (142) (135)
Accruals (1,010) (524)
(65e)
40,710 7,995 41,211
Financedby Unrestricted
L
2022
Restrictedt ffi t
2021
E
Balancebroughtforward 41,211 56,003 3,111
Transfersbetweenfunds (217) 217 (29,255) 29,255
Surplus/(Deficit)ofincome over expenditure (284) 7,779 14,463 {32,366)

FixedAssets Fixtures & Office
Cost Fiftingst Equipmentf Totalf
As at 1January202? 1,901 7,7',t3 9,614
Additions
Asat31December2022 1,901 9,614
Depreciation f f
Asat1JanuaryZ02? 1,901 6,993 8,894
Charge 360 360
As at31December2022 '
1,901
7,353 9,254
NetBook Values f
Asat31Deeember2A22
Restrlcted Funds
Themovements on restricted funds duringthe yearwereasfollows:-
Brought Caried
forwardt Receivedf SpentI forward
t.
Children's carnp 2,935 2,935
Buildings repairs 4,570 4,574 -
NGEN grant 8,210 2'15 7,995
Various other : 915 1,132 (2171
-8"6m- 8,852 7,778
Transferfromunrestricted funds 217
7,995