**ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024** **CHARITY REGISTRATION No: 1054394** Independent Examiners Ltd Unit 2, The Broadbridge Business Centre Delling Lane Bosham PO18 8NF 1 ||**HAMPDEN CHAPEL**| |---|---| ||**CONTENTS**| |Page 3|Legal and Administrative Information| |Page 4 to 5|Trustees Report| |Pages 6|Independent Examiner's Report to the Trustees| |Page 7|Statement of Financial Activities| |Page 8|Balance Sheet| |Pages 9 to 16|Notes to the Financial Statements| 2 ## **HAMPDEN CHAPEL** ## **LEGAL AND ADMINISTRATIVE INFORMATION** |**CHARITY NUMBER**|1054394||||||||| |---|---|---|---|---|---|---|---|---|---| |**START OF FINANCIAL YEAR**|1 October 2023||||||||| |**END OF FINANCIAL YEAR**|30 September 2024||||||||| |**TRUSTEES AT 30 SEPTEMBER 2024**|||||||||| |Holding Trustee|Assemblies of God Property Trust, registered charity number 251550||||||||| ||Trustees of above:||||||||| ||Rev Kristian Paul Thorpe||||||||| ||John Tyrell||||||||| ||Julie Turner||||||||| ||Rev David Ernest Shearman||||||||| ||Remi Anekwe - Resigned in December|||2024|||||| |Managing Trustees|Rev John Onelum||||||||| ||Maureen Polin||||||||| ||Eva-Blessing Onyeulo||||||||| ||The existing trustees appoint any new|||trustees following||the provisions|||laid| ||out in the organisation's governing instrument.||||||||| |**LEGAL STATUS**|Unincorporated charity|registered at the Charity Commission 9 April 1996|||||||| |**GOVERNING INSTRUMENT**|Constitution and Trust Deed adopted 16 June 2006||||||||| |**AFFILIATIONS**|Hampden
Chapel
is|a
member|of|the|Assemblies|of|God|and|the| ||Evangelical Alliance||||||||| |**OBJECTS**|To advance the Christian faith in accordance||||with the Statement|||of Faith of|| ||the Assemblies of God;||||||||| ||To relieve sickness and financial hardship and to promote good|||||||health by|| ||the provision of funds,|goods or services of|||any kind including through||||the| ||provision of counselling and support;||||||||| ||To advance education in such ways and||||in such parts||of the United||| ||Kingdom or the World|as the Church Council from time||||to time||may think|| ||fit||||||||| |**CORRESPONDENCE ADDRESS**|Lauriston Road||||||||| ||Hackney||||||||| ||London||||||||| ||E9 7EU||||||||| |**PRIMARY BANKERS**|HSBC||||||||| ||283 Mare Street||||||||| ||Hackney||||||||| ||London||||||||| ||E8 1PG||||||||| |**INDEPENDENT EXAMINER**|Independent Examiners Limited||||||||| ||Unit 2 Broadbridge Business Centre||||||||| ||Delling Lane||||||||| ||Bosham||||||||| ||PO18 8NF||||||||| 3 ## **HAMPDEN CHAPEL** ## **TRUSTEES REPORT** ## **FOR THE YEAR ENDED 30TH SEPTEMBER 2024** The church has two classes of church council as follows: **Holding Trustees** - are responsible for holding the Church's land and buildings on trust for the benefit of the Church. **Managing Trustees** - are members of the Church Council. The Church Council is responsible for the day to day management of the Church's business in accordance with the objects of the Church. The Church Council comprises the Pastor together with such persons as the Pastor shall nominate and the Church Council shall from time to time appoint. The minimum number of Church Council Members shall be three. None of the Church's officers, with the exception of the Pastors, receive remuneration. The induction process for any church member newly appointed as a Managing Trustee comprises an initial meeting with the Minister(s) and receipt of copies of: - the Church Constitution - the most recent financial statements - the Charity Commission's guidance 'the Essential Trustee' ## **Church Members** In accordance with the Church Constitution, Church Membership is open to those who: - by grace, have exhibited saving faith in the Lord Jesus Christ, and - desire to worship and serve God in the context of the statement of faith of the Assemblies of God; and - are committed to promoting the objects of the church Church Members share responsibility for the church's finances, administration, maintenance, and activities. They meet once per year for business meetings and receive reports from the Church Council. ## **Risk Management** The Church's primary concern and objective is the glory of God. Whilst it is the Church's policy to trust wholly in the Lord that He will work out His purpose to this end, the Church also acknowledges that it has a responsibility, both as individual members and as a body of members, for the identification and proper management of risks faced by the church in achieving its primary aim. The Church Council has therefore assessed the major risks which the charity faces on a regular basis and believes that maintaining the free reserves stated, combined with regular monitoring of financial data and the annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks that they face and confirm that they have established systems to mitigate the significant risks. The charity relies on volunteers to assist with the ongoing administration and maintenance of the Church, and this year the Trustees would like to extend their appreciation to the approximately 15 volunteers that have given up their time. ## **Activities** Hampden Chapel is an independent church and is affiliated to Assemblies of God - Great Britain and Ireland. The congregation is drawn from a wide range of cultures and caters for all age groups. The Church Council has given due regard to the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. During the year, the Church continued to carry out the following activities in order to promote the Gospel in the local neighbourhood: - Sunday Worship - Midweek discipleship classes - Street Evangelism - Warm Space outreach - Week of Prayer for Christian Unity - Joint Lent event ## **Achievements and Performance** As a church, we give thanks to God, who has continued to bless our activities. We pray that God will enable us to be good stewards of the gifts and resources entrusted to us through the body of people who are the church family and the wider community. ## **Financial Review** The Statement of Financial Activities and Balance Sheet are on pages 8 and 9 respectively. The Church had a deficit of income over expenditure of £23,901 during the year. However, of this deficit £16,633 is due to depreciation charged against fixed assets (2022/23: deficit of £24,462 and depreciation charged of £16,570). The balance sheet at 30th September 2024 shows net assets of £2,397,300 (At 30 September 2023: net assets of £2,421,201). Included in the total funds are amounts totalling £10,408 (2022/23: £12,056) which are restricted. These funds have either been raised for and their use restricted to specific purposes, or they comprise donations subject to donor-imposed conditions. Note 10 of these accounts provides full details of the restricted funds together with an analysis of movement. 4 HAMPDEN CHAPEL TRusfEES REPORT (CONTINUED) FOR THE YEAR ENDED 30TH SEPTEMBER 2024 R¢wrv•• Pollc¥ The Church Councll has examlnèd the requlrements for free reserve5, l.e.. those unre5tr1cted fijnds that have not been Invested In tanglble flxer each flnan¢lal year whlch glve a true and falr vlew of the state of affalrs of the thadty and of the Incomlng resources and Jppllcation of resources, In¢lvdlng the Incorne an QXpend￿Ure. of the charty for that perfod. Ln prepartng those financlal statement5. the tNstees are requI￿d to: Selert sultable accountln9 polldes an¢J apply them ¢on51stendv Make Judgements and estlmatts that are reasonable and prudent Prepare financlal 5tstements on the golng con￿rn basls unless St Is Inapproprtate to presume that the trust wlll ondnue In exlstence. Obs•rve the methods and prtndples In the Cha￿ty SORP; The Churth Coundl Is responslble for keeplng proper accountlng records which dlsclose wlth reasonable accurary at any tlme the flnanclal posltlon of the charlty and to enablè them to ensure that the flnanclal Statements comply wlth the Charltle5 Act 2011, the Charfty IAecount5 and Reports} Regulatlon5 and the prov15ions of the Trust Deed. They are also responslble for 5afeguardlng the assets of the tharlty and hence for taklng reasonable steps for the preventlon and detectlon of fraud and other Irregularltle$. The Church Councll Is responslble for the malntenance and Integrlty of thè tharlty and finandal Infomiatlon Included In the charlty's webslte. Approved on Slgned on behalf of the Church Councll by ... ## **HAMPDEN CHAPEL** ## **INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS** Report to the Church Council of Hampden Chapel on the accounts for the year ended 30 September 2024 set out on pages 7 to 16. ## **Respective responsibilities of trustees and examiner** The Church Council is responsible for the preparation of the accounts. The Church Council consider that an audit is not required for this year (under section 144 of the Charities Act 2011) and that an independent examination is needed. It is my responsibility to: - examine the accounts (under section 145 of the Act); - follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Act); and - state whether particular matters have come to my attention. ## **Basis of independent examiner's statement** My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the organisation and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Church Council concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - (1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 130 of the Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Act have not been met; or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Zita Derbak MAAT AATQB Independent Examiners Limited Signed: Zh Unit 2 Broadbridge Business Centre Delling Lane Bosham Dated: 23.05.2025 PO18 8NF 6 ## **HAMPDEN CHAPEL** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE YEAR ENDED 30TH SEPTEMBER 2024** |Notes
Donations and Legacies
**2a**
Raising Funds
**2b**
Investments
**2c**
Charitable Activities
**2d**
Other
**2e**
**TOTAL INCOME**
**EXPENDITURE ON:**
Charitable Activities
**3a**
Other
**3b**
**TOTAL EXPENDITURE**
**NET INCOME/EXPENDITURE**
Transfers between funds
**NET MOVEMENT IN FUNDS**
**Reconciliation of funds:**
Total Funds Brought Forward
**TOTAL FUNDS CARRIED FORWARD**
**INCOME AND ENDOWMENTS FROM:**|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2023/24**
**2022/23**
£
£
£
**£**
**£**
36,590
0
0
36,590
36,510
1,220
0
0
1,220
40
729
0
0
729
202
0
0
0
0
0
226
0
0
226
906
**38,765**
**0**
**0**
**38,765**
**37,658**
61,018
0
1,648
62,666
62,120
0
0
0
0
0
**61,018**
**0**
**1,648**
**62,666**
**62,120**
**(22,253)**
**0**
**(1,648)**
**(23,901)**
**(24,462)**
0
0
0
0
0
(22,253)
0
(1,648)
(23,901)
(24,462)
2,408,901
244
12,056
2,421,201
2,445,663
**2,386,648**
**244**
**10,408**
**2,397,300**
**2,421,201**| |---|---| Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing. The notes on pages 9 to 16 form part of these financial statements. 7 HAMPDEN CHAPEL BALANCE SHÈET AS Af 30 SEPTEMBER 2024 Unrestdthd Deslgnated Funds Funds Restrfrted 30-Sep-24 Funds Total 3fvS¢p-23 Total Flxed A••ets *Tangible assets 2,368,954 2,368,954 2,385,587 Currnnt A￿ts Debtors Cash at bank and In hand Tot•1 Curr•nt Amets 1,163 17,489 18,652 1,163 28,141 29.304 1,789 34,747 36,336 244 10,408 10,408 Credltorj: amounts falllng due wlthln one year 958 958 922 MET CURRENT A&8eTS 17,694 244 10,408 28,346 35,614 TOTAL ASSETS less current Ilabllltles 2.386,648 10.408 1,397.300 3,421.201 NIT ASSETS 2.386.648 244 10,408 &397,300 1421,201 Fund• of th• Chnvlty Gener41 Funds Re5tdcted FLtnds Deslgnated Funds Revaluatlon Reserve 896,648 896,648 10,408 244 1,490,000 918,901 12,056 2H 1,490.000 io 10,408 244 1,490.000 Totsl Fun0• 386 648 10,408 1397,300 1421,201 Approv•d by the Church Council ......... . and Sl9ned on thelr behall bv ..... Date.. ## **HAMPDEN CHAPEL** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2024** ## **Basis of preparation:** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) - (Charities SORP (FRS102)) and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102. There are no material uncertainties about the charity's ability to continue in operation as a going concern. The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A. ## **1. ACCOUNTING POLICIES** ## **Income** ## Recognition of Income These are included in the Statement of Financial Activities (SOFA) when: ▪ the charity becomes entitled to the resources; ▪ the trustees believe it is probable they will receive the resources; and ▪ the monetary value can be measured with sufficient reliability ## Income with related expenditure Where income has related expenditure (as with fundraising or contract income) the income and related expenditure are reported gross in the SOFA. ## Grants and Donations Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources. Tax reclaims on Donations and Gifts Income from tax reclaims are included in the SOFA during the same period as the gift to which they relate. ## Gifts in Kind Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as income when receivable. Donated Services and Facilities These are only included in income (with an equivalent amount in expenditure) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received. ## Volunteer Help The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report. ## Investment Income This is included in the accounts when receivable. ## **Expenditure and liabilities** ## Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. ## Governance Costs Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advice to trustees on governance or constitutional matters. ## Support Costs Support costs are those that assist the work of the charity but do not directly represent charitable activities, including office costs and administrative payroll costs if any. They are incurred directly in support of expenditure on the objects of the charity and are all directly attributable to the general church operational activities. 9 ## **HAMPDEN CHAPEL** ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 30TH SEPTEMBER 2024** ## Pensions The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme. The charity is under no further obligation to make any extra payments irrespective of how that pension fund performs. ## Assets Tangible fixed assets for use by the charity. These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost or, if gifted, at the value to the charity on receipt. Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a straight line basis over their estimated useful lives. The rates applied per annum are as follows: Fixtures, Fittings and Equipment 25% Buildings 1% (from 1st October 2019) Land 0% Prior to financial year 2017/16, the property was included in the financial statements at its 2009 market value. At the date of transition to FRS102, the Trustees opted to state the property at its revalued amount being that property's current market value, as calculated by Foxtons Agents in July 2017. The value of the land element of the property is deemed to be one third of the total carrying value. 10 ## **HAMPDEN CHAPEL** ## **NOTES TO THE FINANCIAL STATEMENTS (continued)** ## **FOR THE YEAR ENDED 30TH SEPTEMBER 2024** |**2. INCOME**
**a) Donations and Legacies**
Gift aid tax recoverable
Offerings and donations
**b) Raising Funds**
Lettings and Hall Hire
**c) Investments**
Bank interest
**d) Charitable Activities**
Training Income
**e) Other**
Sundry income|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2023/24**
**2022/23**
£
£
£
**£**
**£**
3,162
0
0
3,162
3,965
33,428
0
0
33,428
32,545
**36,590**
**0**
**0**
**36,590**
**36,510**
1,220
0
0
1,220
40
**1,220**
**0**
**0**
**1,220**
**40**
729
0
0
729
202
**729**
**0**
**0**
**729**
**202**
0
0
0
0
0
**0**
**0**
**0**
**0**
**0**
226
0
0
226
906
**226**
**0**
**0**
**226**
**906**| |---|---| 11 ## **HAMPDEN CHAPEL** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH SEPTEMBER 2024** |**3. EXPENDITURE**
**a) Charitable Activities**
**Minister:**
Employer pension
Gross salary
**Church activities:**
Books and magazines
Catering and refreshments
Evangelism and Street Ministry
Gifts and donations
Materials
Missions
Training and conferences
Travel
Children and Youth
**Office and support costs:**
Accountancy and payroll
Administration and office expenses
Printing, postage and stationery
Professional subscriptions and licences
Telephone
Website, computer and internet
**Premises costs:**
Church repairs and maintenance
Cleaning and premises costs
Depreciation of fixed assets
Hall hire
Insurance
Manse repairs and maintenance
Manse service and management charges
Utilities
**Governance costs:**
Independent examination
Safeguarding
**b) Other**
Sundry expenses
**Details of certain items of expenditure**
**Included in Accountancy and Payroll**
Bookkeeping Fees
Payroll Fees|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2023/24**
**2022/23**
£
£
£
**£**
**£**
729
0
0
729
729
24,284
0
0
24,284
24,284
15
0
0
15
0
1,170
0
0
1,170
1,293
111
0
0
111
0
150
0
0
150
400
260
0
0
260
73
170
0
1,648
1,818
306
1,406
0
0
1,406
2,077
54
0
0
54
0
0
0
0
0
198
4,104
0
0
4,104
3,323
209
0
0
209
406
88
0
0
88
70
1,974
0
0
1,974
1,971
636
0
0
636
587
194
0
0
194
0
3,919
0
0
3,919
3,900
340
0
0
340
560
16,633
0
0
16,633
16,570
0
0
0
0
0
2,265
0
0
2,265
2,157
0
0
0
0
6
0
0
0
0
1,219
1,332
0
0
1,332
978
816
0
0
816
780
159
0
0
159
233
**61,018**
**0**
**1,648**
**62,666**
**62,120**
0
0
0
0
0
**0**
**0**
**0**
**0**
**0**
**TOTAL**
**TOTAL**
**2023/24**
**2022/23**
**£**
**£**
3,615
2,640
489
528
**4,104**
**3,168**| |---|---| 12 ## **HAMPDEN CHAPEL** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH SEPTEMBER 2024** |**4. STAFF COSTS AND NUMBERS**
Gross Wages and Salaries
Employer's National Insurance Costs
Employers Allowance Claimed
Pension Contributions
Employees who were engaged in each of the following activities:
Activities in furtherance of organisation's objects|**2023/24**
**2022/23**
**£**
**£**
24,284
24,284
2,112
2,112
(2,112)
(2,112)
729
729
**25,013**
**25,013**
**2023/24**
**2022/23**
TOTAL
TOTAL
1
1| |---|---| No employees received emoluments in excess of £60,000. Staff are paid through the PAYE system. Employer pension contributions totalling £729 were paid on behalf of one employee. Key Management Personnel are considered to be the Trustees. One Trustee received remuneration for their role as Church Pastor as disclosed in note 5. Therefore, the total benefits paid to key management personnel in 2023/24 was £25,013 (2022/23: £25,013). ## **5. TRUSTEES AND OTHER RELATED PARTIES** No payments were made to Holding Trustees. One Managing Trustee (Pastor John Onelum) received no remuneration for acting as a Trustee, but he received remuneration for his services a Church Pastor as disclosed below. The Church also paid employer pension contributions on his behalf. Pastor John Onelum was also provided with manse accommodation in accordance with a formal tenancy agreement. As the landlord, the Church paid the management charges, service charges and repairs and maintenance relating to the Manse. |Name of Trustee
Pastor John Onelum|Legal authority
Governing document|Remuneration Employer's
**2023/24**
**2022/23**
Pension
Total
Total
£
£
£
£
24,284
729
25,013
25,013
**24,284**
**729**
**25,013**
**25,013**
Amounts paid or benefit value| |---|---|---| One Trustee received reimbursement of expenses incurred whilst on church business as detailed below: |Amount reimbursed:
Travel
Subsistence
Accommodation for training
Total amount paid|**2023/24**
**2022/23**
£
£
0
88
0
55
0
249
0
392| |---|---| The Trustee Board agreed to make a small one-off payment in the form of a gift voucher of £150 to Pastor John Onelum as a Christmas gift in December 2022, which represented a gesture of appreciation from the Trustees and Church members. Pastor Onelum was not involved in this decision (2023/24:Nil). In July 2020 the Board of Trustees agreed to support AoG Minister in Training Certification for one of the Trustees Eva Blessing Onyeulo. The commitment was a three-year course charged at £120 per month. The Church agreed to contribute 75% of the overall cost, with Eva contributing the remainder. For the financial year ending 30th September 2023 there were no cost due to the suspended training - 2022/23: Nil. Apart from small value of reimbursement of purchases made on behalf of the Church that was under £100 for the year (2022/23: £2,386), no other payments were made to trustees or related parties during this financial period. (2022/23: 228). 13 ## **HAMPDEN CHAPEL** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH SEPTEMBER 2024** ## **6. TANGIBLE FIXED ASSETS** |Cost
01-Oct-23
Additions
Cost at
30-Sep-24
Depreciation
01-Oct-23
Charge
Depreciation at
30-Sep-24
Net Book Value 30-Sep-24
Net Book Value 30-Sep-23|Unrestricted
Unrestricted
Unrestricted
Unrestricted
Unrestricted
Unrestricted
**Total**
Freehold
Freehold
Leasehold
Leasehold
Fixtures
Refurbishment
Land
Buildings
Land
Buildings
Fittings &
Costs
Equipment
Title No. 249700
Title No. 249700 Title No. EGL172683Title No. EGL172683
The Church
The Church
The Manse
The Manse
£
£
£
£
£
£
£
500,000
1,000,000
316,667
633,333
22,055
38,083
2,510,138
0
0
0
0
0
0
0
500,000
1,000,000
316,667
633,333
22,055
38,083
2,510,138
0
40,000
0
25,332
21,136
38,083
124,551
0
10,000
0
6,333
300
0
16,633
0
50,000
0
31,665
21,436
38,083
141,184
**500,000**
**950,000**
**316,667**
**601,668**
**619**
**0**
**2,368,954**
500,000
960,000
316,667
608,001
919
0
2,385,587| |---|---| Fixed assets are used for charitable purposes. The Trustees are of the opinion that the value of the two freehold properties held (The Church, 30 Christchurch Square and The Manse, Lauriston Road) is not materially different to the valuation provided by Foxtons Agents in July 2017 and as stated above. The annual commitments under non-cancelling operating leases and capital commitments are as follows: 30 September 2023: None 30 September 2024: None |**7. DEBTORS AND PREPAYMENTS**
Gift Aid Tax Recoverable
**8. CASH AT BANK AND IN HAND**
Current Accounts
Deposit Account|Unrestricted
Designated
Restricted
**Total**
**Total**
Fund
Fund
Fund
**30-Sep-24**
**30-Sep-23**
£
£
£
£
£
1,163
0
0
1,163
1,789
**1,163**
**0**
**0**
**1,163**
**1,789**
Unrestricted
Designated
Restricted
**Total**
**Total**
Fund
Fund
Fund
**30-Sep-24**
**30-Sep-23**
£
£
£
£
£
6,847
0
0
6,847
4,181
10,642
244
10,408
21,294
30,566
**17,489**
**244**
**10,408**
**28,141**
**34,747**| |---|---| ## **9. CREDITORS ACCRUALS AND DEFERRED INCOME: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Independent Examiners Fees
Pension Contributions|Unrestricted
Designated
Restricted
**Total**
**Total**
Fund
Fund
Fund
**30-Sep-24**
**30-Sep-23**
£
£
£
£
£
816
0
0
816
780
142
0
0
142
142
**958**
**0**
**0**
**958**
**922**| |---|---| 14 ## **HAMPDEN CHAPEL** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH SEPTEMBER 2024** |**10. RESTRICTED FUNDS**
Current year
Cosmo Club
Missions
Street Work
Girls Brigade
Youth Ministry
Ministry Training
English for Non Speakers
Syria Earthquake Appeal
Previous year
Cosmo Club
Missions
Street Work
Girls Brigade
Youth Ministry
Ministry Training
English for Non Speakers
Syria Earthquake Appeal
Turkey Appeal|**Balance**
**Balance**
**01-Oct-23**
Income
Expenditure
Transfers
**30-Sep-24**
£
£
£
£
£
561
0
0
0
561
5,621
0
1,648
0
3,973
4,239
0
0
0
4,239
240
0
0
0
240
797
0
0
0
797
523
0
0
0
523
25
0
0
0
25
50
0
0
0
50
12,056
0
1,648
0
10,408
**Balance**
**Balance**
**01-Oct-22**
Income
Expenditure
Transfers
**30-Sep-23**
£
£
£
£
£
561
0
0
0
561
5,877
0
256
0
5,621
4,239
0
0
0
4,239
240
0
0
0
240
995
0
198
0
797
523
0
0
0
523
25
0
0
0
25
0
50
0
0
50
0
143
200
57
0
12,460
193
654
57
12,056| |---|---| **The Cosmo Club** fund relates to funds raised by and for the Cosmo Club. **The Missions Fund** relates to funds raised specifically for missionary causes. **The Street Work** fund relates to funds raised for work amongst the homeless. **The Girls Brigade Fund and Youth Ministry Fund** relates to giving for these specific activities. It includes costs for refreshments, materials and special events and activities. **The Ministry Training funds** pertain to the church's education and ministry training program for adults. **The English for Non Speakers (ESOL) funds** pertain to the ESOL classes delivered at Hampden Chapel in partnership with the Hackney Learning Trust. ## **Syria Earthquake Appeal** ## **Turkey Earthquake Appeal** **----- Start of picture text -----**
11. DESIGNATED FUNDS Balance Balance
Current year 01-Oct-23 Income Expenditure Transfers 30-Sep-24
£ £ £ £ £
Building Fund 244 0 0 0 244
244 0 0 0 244
Previous year
Balance Balance
01-Oct-22 Income Expenditure Transfers 30-Sep-23
£ £ £ £ £
Building Fund 244 0 0 0 244
244 0 0 0 244
**----- End of picture text -----**
15 ## **HAMPDEN CHAPEL** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 30TH SEPTEMBER 2024** ## **12. RECONCILIATION OF FUNDS HELD AND MOVEMENT DURING THE CURRENT YEAR** |Unrestricted funds
Designated funds
Restricted funds|**Balance**
**Balance**
**01-Oct-23**
Income
Gains/Losses
Expenditure
Transfers
**30-Sep-24**
£
£
£
£
£
£
2,408,901
38,765
0
61,018
0
2,386,648
244
0
0
0
0
244
12,056
0
0
1,648
0
10,408
2,421,201
38,765
0
62,666
0
2,397,300| |---|---| ## **13. RECONCILIATION OF FUNDS HELD AND MOVEMENT DURING THE PREVIOUS YEAR** |Unrestricted funds
Designated funds
Restricted funds|**Balance**
**Balance**
**01-Oct-22**
Income
Gains/Losses
Expenditure
Transfers
**30-Sep-23**
£
£
£
£
£
£
2,432,959
37,465
0
61,466
-57
2,408,901
244
0
0
0
0
244
12,460
193
0
654
57
12,056
2,445,663
37,658
0
62,120
0
2,421,201| |---|---| ## **14. PUBLIC BENEFIT** The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. 16