HOPE CHURCH (UK)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
for the year ended 31 December 2024
Registered Charity number: 1052769

HOPE CHURCH (UK)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
CONTENTS
Pages
Administrative infomation
Trustees, report including statement of Trustees, responsibilities
Report of the independent examiner
Statement of financial activities
Balance sheet
10
Notes to the financial statements

HOPE CHURCH IUK)
ADMINISTRATIVE INFORMATION
Trustees:
Pastor Simon Smailus - Chairperson
Mr Alan Jones - Treasurer
Miss Elizabeth Ball
Pastor John Pri
Pastor David McKeown
Address:
Hope Church
Marsh Lane
Stone Cross
West Bromwich
West Midlands
B712DR
Bankers:
HSBC UK
328 High Street
West Bromwich
West Midlands
B70 8DJ
Kingdom Bank
Media House
Padge Road
Beeston
Nottingham
NG9 2RS
Accountants:
MTS Accountancy Services Limited
Kenant Chambers
2 Bath Avenue
Wolverhampton
West Midlands
INV14EQ
Registered Charity number..
1052769
Enquiries
Hope Church
Marsh Lane
Stone Cross
West Bromwich
West Midlands
B712DR
Page 1

HOPE CHURCH (UK)
TRUSTEES. REPORT
INTRODUCTION
The Trustees submit their annual report and the unaudited financial statements for the year ended 31
December 2024.
The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP}
Accounting and Reporting by Charities" (FRS 102) in preparing the annual report and financial
statements of the charity.
STRUCTURE. GOVERNANCE AND MANAGEMENT
The charity registered as a charity with the Charity Commission in England and Wales on 24 June 1979
and is governed by a Trust Deed dated 19 July 1993 last amended on 10 February 2013.
The charity is managed by its Board of Trustees. The Trustees who served on the board during the year
were as follows:
Pastor Simon Smailus - Chairperson
Mr Alan Jones - Treasurer
Miss Elizabeth Ball
Pastor John Price
Pastor David McKeown
The charity aims to identify and train new Trustees as and when they become aware of individuals who
are willing and available. and most importantly whose values align with the charity's objectives, where
it is perceived that an additional Trustee is required.
OBJECTIVES AND PRINCIPAL ACTIVITIES
The objectives of the charity are:
1. The advancement of the Christian religion by the proclamation and furtherance of the Gospel
of God, concerning His Son Jesus Christ The Lord, and the preaching and teaching of the
Word of God in accordance with the statement of Fundamental Truths of The Assemblies of
God in Great Britain and Ireland ('The Statemenf,), as approved by the General Council from
time to time.
Such other charitable purposes as shall further the attainment of the objectives of the charity.
3. The furtherance of other charitable work that is consistent with The Statement.
4. The furtherance of the work of the Assemblies of God in Great Britain and Ireland ("AOG°}, and
the promotion of the spiritual teaching and religious obSerVan￿S that manifest in The
Statement.
Page 2

HOPE CHURCH (UK)
TRUSTEES, REPORT (Continued)
OBJECTIVES AND PRINCIPAL ACTNITIES (continued)
The charity's principal activities comprise-.
1. The operation of the church from its premises in Marsh Lane, West Bromwich, including the
provision of the Sunday, mid-week services and other services arranged from time to time.
2. The operation of a weekly Parent and Toddler group. and evening sessions for age groups 7
to 11 and 12to16.
3. The provision of Easter, Harvest Festival and Christmas services, and Christmas Carol
services.
4. The provision ofa Christmas Grotto at a low cost, to help ensure that all children getto celebrate
Christmas;
5. Life Groups have been established in several homes where church members can meet in
smaller groups and invite friends and neighbours to an informal time together to support and
encourage one another.
6. Outreach to the people within the church's catchment area. especially those who attend the
church for various activities.
REVIEW OF THE YEAR'S ACTIVITIES
Hope Church experienced a yearof resilience and significant achievements across various departments
in 2024, despite challenges such as the Pastovs illness and a decrease in demand for some children's
groups.
The Trustees, the Core leadership team, volunteers and all the church family provided tremendous
support to ensure delivery of all charitable objectives listed above. This was done in unity, with love and
prayerfully as demonstrated in the great success of the new initiative of Summer in the Psalms.
Building maintenance is key to the smooth operation of the church and this year saw major repairs to
our heating and electrical systems. Cleanup days by church member also ensured that the building
remained in great operational state.
During 2024 Hope Church continued to support its missionaries and increased its financial support to
its existing missionaries in Spain, Macedonia, United Kingdom and in persecuted nations. No new
personnel or causes were added to the list. Among other missionary work, our missionaries impacted
positively the lives of people within their communities through distribution of food parcels, meals,
scholarships, outreaches, sports activities, high standard and practical Christian vocalional and faith-
based training, conferences and Sunday church services. All missionaries expressed gratitude for both
monetary gifts and prayer support.
Our Children's ministry is available to our schools, community and also to children who attend the
church. A new initiative for an Open Day was carried out in October 2024 and was very well attended
by local organisations, charities, businesses, and the community- This was followed by the fabulous
Christmas Santa Grotto event which was also well attended by community families and supported by a
fantastic team of helpers trom Hope Ghurcfi.
Page 3

HOPE CHURCH (UK)
TRUSTEES, REPORT (Continued)
REVIEW OF THE YEAR'S ACTIVITIES (continued)
We also had a number of school classes attend the church from a local school as part of their religious
education studies which provides help to our local community.
Hope kids continued its 30-year legacy as a weekly outreach club, providing songs, stories, games, and
fun to around 15 children weekly. It continued to show Jesus to children, many of whom receive no
other Christian input. The program included sports evenings, craft evenings, and end-of-term parties.
Youngerjunior leaders also served, contributing to their Duke of Edinburgh awards.
Junior Church sessions during tem times suc￿SsfUllY followed Chronological Bible Storying and then
launched "FOUNDATIONS, a 52-Week Chronological Bible Curriculum for Kids" in September 2024.
The program was supported by a dedicated team of 15 volunteers.
Hope Toddlers, weekly outreach club for parents and preschoolers continued until November 2024,
despite declining attendance, demonstrating commitment until new toddlers were no longer attending.
Our pastoral care team do a tremendous work in the community visiting the elderly and infirm and
providing support to vulnerable adults.
Prayer and worship teams continued to serve and edify the church with more involvement of young
people leading worship and an increase in prayer sessions both online and face to face. Through Prayer
and worship the congregation's spiritual and physical needs are met as evidenced by testimonies
shared throughout the year.
In addition to the above activities, the church serVi￿S and operational activities depended on the
volunteering from its wider membership from various departments like Core leadership, Stewardship,
Children, Worship, Cleaning, Health & Safety and Catering teams to ensure smooth running of its core
objectives and activities. In 2024, there were various opportunities for its members to socialize and
fellowship together outside nomial church services e.g. men's meals, family meals, women's meals and
weekly tealcoffee sessions after the service.
The Trustees would like to thank everyone who has taken part in serving at Hope Church in any capacity
throughout 2024 especially in the midst of Pastoral challenges due to illness. Thank you for your love,
prayers, dedication, resilience and passion to seeing the advancement of the Kingdom of God in our
church and community. You are amazing.
FINANCIAL REVIEW
The results for the year and financial position of the Charity are shown in the Statement of Financial
Activities on page 9 and Balance Sheet on page 10.
Income for the year to 31 December 2024 was £123,271 (2023: £101,015) and expenditure was
£90,105 (2023: £94,706} giving a surplus for this period of £33,166 (2023.. £6,309). Total Balance Sheet
reserves as at 31 December 2024 are £1,033,180 (2023: £1,000,014) of which £945,000 (2023..
£945,000) is attributed to Fixed Assets {Church building) while the remainder of £88,180 (2023..
£55,014} is unrestricted general reserves.
The Church's funding mainly comes from gifts and donations made by the church members together
with the associated Gift Aid thereon. Grants received from time to time also assist with church activities.
There were no new grants received in 2024. The increase in congregants who pay by regular standing
Orders and those who gift aid their offering has resulted in increased and more stable income for the
church.
Pa8¢ 4

HOPE CHURCH (UK)
TRUSTEES, REPORT (Continued)
PLANS FOR FUTURE PERIODS
The Trustees intend to continue with its operation of a church from its premises in Marsh Lane, West
Bromwich providing Sunday and midweek services. It is intended that we continue with the other groups
and activities detailed in our principal activities above.
Hope Church plans to re-introduce the Youth Service which was discontinued in 2023 due to lack of
leading volunteers. We also look to introducing small groups for greater support and deeper personal
relationships within our congregation.
The key uncertainty facing the Charity to provide all its activities is dependent upon..
1. the financial support through tithes and offerings of the congregations and membership.
2. the goodwill and volunteering of the membership to assist in the running of the activities- and
3. the continued provision of new members from our spiritual outreach.
PUBLIC BENEFIT
The Trustees confirm that they have referred to the guidan￿ contained in the Charity Commission's
general guidance on public benefitwhen reviewing the Chanty's aims and objectives and in planning future
activities and setbng the grant making policy for the year.
Page 5

HOPE CHURCH (UK)
TRUSTEES, REPORT (Continued)
RESERVES POLICY
The Trustees have continued to review and keep general reserves at levels that allow for unexpected
andlor unforeseen events but also explore to reinvest into church and outreach activities when we hold
substantial unrestricted reserves
Restricted reserves are held when not all monies received for specified purposes have been paid out
at the end of the year. This year, the restricted reserves represent the Fixed Assets..
The Trustees have reviewed the major risks associated with the charitable activities of the Church and
have taken steps to mitigate against those risks. At the signing of 2024 accounts, the Trustees are
reasonably confident that the Church is a going concern and that it has sufficient funds to meet its
commitments as they fall due without compromising its reserves policy. However, they also recognise
that they need to continue to maintain the financial stability of the Church, due to the unpredictable
nature of offerings and donations which are the main Sour￿ income against potential church building
repairs that may owur from time to time.
TRUSTEES. RESPONSIBILITIES
The Trustees are responsible for preparing the Trustees, Report and financial statements in accordance
with applicable law and United Kingdom accounting standards (United Kingdom Generally Accepted
Accounting Practice).
The 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 state of affairs of the Charity
and of the incoming resources and application of the resources of the Charity 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 (FRS 102)
make judgements and estimates that are reasonable and prudent.
act in accordance with the rules of the Charity, the Charity Commission and the Trust Deed.
state whether applicable accounting standards have been followed, subject to any material
departures discussed and explained in the financial statements.
prepare financial statements on the going concem basis unless it is inappropriate to presume
that the Charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the Charity and enable them to ensure that the financial
ststements comply with the Charities Act 2011. the Charities (Accounts and Reports} Regulations 2008
and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the Charity
and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 6

HOPE CHURCH (UK)
TRUSTEES, REPORT (Continued)
STATEMENT OF DISCLOSURE OF INFORMATION TO INDEPENDENT EXAMINER
We, the Trustees of the Charity who held Offi￿ at the date of approval of these financial statements, as set
out above, each confirm so far as we are aware, thatr.
there is no relevant infomats'on of which the Charitys Independent Examiner is unaware" and
we have taken all the steps that we ought to have taken as Trustees in order to make ourselves
aware of any relevant infomation and to estsblish that the Charity's Independent Examiner is
aware of that infonnation.
App
ved by the Trustees on 21 October 2025 and signed on its behalf by..
Pastor Simon Smailus
Trustee
Page 7

REPORT OF THE INDEPENDENT EXAMINER
TO THE TRUSTEES OF
HOPE CHURCH (UK)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOPE CHURCH (UK)
I report to the Charity Trustees on my examination of the accounts of the Charity for the year ended 31
December 2024, which are set out on pages 9 to 14.
RESPONSIBILITIES AND BASIS OF THE REPORT
As the Charity's Trustees 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 the Charity's accounts carried out under section 145 of the Act
and in carrying out my examination I have followed all the applicable Directions given by the Charity
Commission under section 145(5)(b) of the 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 me cause to believe that in any material respect..
{1)
accounting records were not kept in respect of the Charity as required by section 130 of the Act.,
or
(2)
the accounts do not accord with these records" or
13)
the accounts do not comply with the applicable requirements concerning the fom and content
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.
I have no concerns and have come across no 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.
Matthew Slater FMAAT
MTS Accountancy Services Limited
Kenant Chambers
2 Bath Avenue
Wolverhampton
West Midlands
WV14EQ
Date: 21 October 2025
Page 8

HOPE CHURCH (UK)
STATEMENT OF FINANCIAL ACTIVITIES
(Fncluding summary of income and expenditure account)
AS AT 31 DECEMBER 2024
Restricted Unrestricted
funds
fund
2024 Restricted Unrestricted
Total
fund
fund
2023
Total
Income
Donations
Tithes and offerings
Gift Aid
Income from departments
Investments
Interest received
107.399
15,407
465
107,399
15,407
465
84,939
12.222
506
84,939
12,222
3.730
3,224
124
124
Total income
123.271
123.271
3.224
97,791
101.015
Expenditure on:
Charitable activities (note 2)
90.105
90,105
11,219
83,487
94,706
Total expenditure
90,105
90,105
11.219
83.487
94,706
Net surplus l (deficit) before
gains and (losses) on
revaluations in the year
33.166
33.166
(7.995)
14,304
6,309
Net gain on revaluation of
tangible fixed assets
945.000
945.000
Net surplusl(deficit) after
gains and (losses) on
revaluations in the year
33,166
33.166
(7.995) 959.304
951,309
Total funds brought forward
at 1 January 2024
1.000,014
1,000.014
7.995
40,710
48,705
Transfer Between funds
945.000
(945.0(Kl)
Total funds carried fO￿ard
at 31 December 2024
945.000
88,180
1,033,180
1.000.014
1,000,014
Al gains and losses recognised iri the year are induded above.
These unaudtted financial statements have been subject to Independent Examination. See rewrt on page 8.
not•• on pages 11 to 14 form part of lh• financial ststements.
Page 9

HOPE CHURCH IUK)
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Note
FIXED ASSETS
Tangible assets
945,000
945. 000
TOTAL FIXED ASSETS
945,000
945, 000
CURRENT ASSETS
Prepayments
Cash at bank and in hand
143
90,663
90,806
56,124
56,124
CURRENT LIABILITIES:
Creditors
Accruals
(158)
2,468
(2,626)
(150)
960
(1, 110)
NET CURRENT ASSETS
88,180
54,014
NET ASSETS
1,033,180
1,000,014
CHARITY RESERVES
Unrestricted Funds
88,180
55,014
Restricted Funds
945.000
945, 000
TOTAL CHARITY FUNDS
1.033,180
1,000,014
These financial statements were approved and authorised for issue by the Board on 21 October 2025.
Signed on behalf of the board of Trustees..
Pastor Si
on Smallus - Chairperson
lan Jones - Treasurer
These unaudited financial statements have been subject to independent examination. See report on page 7.
The notes on page3 11 to 14 fortn part of the financial 5tatement5.
Pa9e 10

HOPE CHURCH (UK)
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
1 ACCOUNTING POLICIES
a. Charity status
The charity is a constituted under a Trust Deed in the United Kingdom and registered with the
Charity Commission in England. The address of the principal offfice is given in the Charity
information on page 1 of these financial statements. The nature of the Charity's operation and
principal activities are given on pages 2 and 3.
b. Basis of accounting
The financial statements have been prepared in accordance with the Statement of
Recommended Practice (SORP), 'Accounting and Reporting by Charities" as applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard 102
{FRS 102) applicable in the United Kingdom and Republic of Ireland and the Charities Act 2011.
The financial statements are prepared on a going concern basis under the historical cost
convention, modified to include the revaluation of freehold propety.
The Trust, as a small charity, is exempt from the requirements to prepare a Statement of Cash
flows.
The presentation currency of the financial statements is the pound sterling (£).
The significant accounting policies applied in the preparation of these financial statements are
set out below. These policies have been consistently applied to all years presented unless
otherwise stated.
c. Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees
in furtherance of the general objective of the Charity and which have not been designed for
other purposes.
Restricted funds are amounts which are to be used in accordance with specific restrictions
imposed by donors, or which have been raised by the charity for particular purposes and are
not available for any other purpose. The costs of raising and administering such funds are
charged against each specific fund. The aim of each restricted fund is given in Note 6 to the
financial 5tstements.
d. Income recognition
All income is included in the SOFA when the Charity is legally entitled to the income after any
performance conditions have been met., the amountcan be quantified with reasonable accuracy,.
and it is probable that the income will be received.
Expenditure recognition
All expenditure is accounted for on an accruals basis. Expenditure is recognised where there is
a legal or constructive obligation to make payments to third parties. it is probable that settlement
wlll be required antj the amount of the obligation can be measured reliably.
Page11

HOPE CHURCH (UK)
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
1 ACCOUNTING POLICIES (Continued)
f. Tangible fixed assets
Freehold property is stated at its value for continuing use. It is not depreciated as it is maintained
to a good standard by the Trustees. and is considered to be a permanent endowment of the
chsrity.
Other tangible fixed assets are initially measured at cost and subsequently measured at cost or
valuation, net of depreciation and any impaimient losses.
Depreciation is recognised so as to write off the cost or valuats'on of assets less their residual
values over their useful lives on the following basis-
Fixtures and fittings
offi￿ equipment
5 years on a straight line basis
4 years on a straight line basis
g. Debtors and creditors receivable I payable within one year
Debtors and creditors with no stated interest rate and re￿[Vable or payable within one year are
recorded at transaction price. Any losses arising from impaimient are recognised in expenditure.
h. Tax
The Charity is exempt from taxation under seckn'on 506{1) of the Taxes Act 1988 on the basis
that the fund is recognised as a Charity by the Inland Revenue.
2 EXPENDITURE ON CHARITABLE ACTMTIES
Restricted
funds
Unrestricted
funds
Total
2024
2023
Staff costs (see note 3)
Utility bills
Ministry
Insurance
Donations to AOG
Telephone
Building
repairs
maintenance
Equipment hire
IT costs
Printing, stationery &
advertising
Sundry expenses
Department explgrant
Children
Bank charges
Professional fees
Depreciation
34.730
6.322
26.433
1.869
34,730
6.322
26,433
1,869
31.797
6.642
29,410
1,669
2,419
390
368
9.168
9.168
7.253
509
3,012
3,646
3.646
248
248
1.396
448
1.850
6.039
1.029
168
1.711
360
1.396
671
179
2.431
671
179
2,431
90.105
90,105
Of the £94.706 total expenditure in 2023, £11,219 was restricted.
Page 12
94.706

HOPE CHURCH (UK)
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
3 STAFF COSTS AND TRUSTEES REMUNERATION
2024
2023
Salaries and NIC
Pension costs
33,198
1.532
30,420
1.377
34,730
31,797
Staff costs represent the salary and pension costs of a trustee, who is paid for his role as a
Pastor, not for his servi￿$ as a trustee, which are provided free of charge. The Charity also
paid a total of £4,076 towards his accommodation costs. These costs are included in Ministry
Expenses.
The average number of staff employed during the year was 3 (2023.. 3 staff)
Trustee Remuneration
During the year Trustees were reimbursed £7 (2023.. £Nil) for out-of-pocket expenses.
4 TANGIBLE FIXED ASSETS
Freehold
Property
Plant &
machinery
Totsl
Cost or valuation
At 1 January 2024
Revaluation
Addition
945,000
7.713
952,713
At 31 December 2024
945.000
7,713
952,713
Depreciation
At 1 January 2024
Charge for the year
7.713
7,353
At 31 December 2024
7,713
7,713
Net book value
31 December 2024
945,000
945,000
31 De￿mber 2023
945,000
945,000
Page13

HOPE CHURCH (UK)
NOTES TO THE FINANCIAL STATEMENTS (continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
5 STATEMENT OF FUNDS
At
1 January
2024
Transfer
Between
Funds
At
31 December
2024
Income
Expenditure
Unrestricted fund
1.000,014
123.271
(90,105)
(945,000>
88,180
Restricted fund
945,000
945,000
Total funds
1,000.014
123,268
(90.105)
1,033,180
The Restricted Funds figure of £945.000 is attributed to Fixed Assets- Buildings.
6 RESTRICTED FUNDS
No restricted funds received or spent in 2024.
Page 14