Registered number 1054658 CHRISTIAN HOPE MINISTRY FINANCIAL STATEMENT AND TRUSTEES REPORT 31 December 2020 CHRisfiAN HOPE MINISTRY 1srRATJVE D￿Alls AND ORT The trustees present their annual report and financlal review for the year ended 31 December 2020. The accounts compty wtth the statutory requirements of the charlty's governln8 document Postsl Ad 77 Morley Road Leyton London EIO 6U vernl ument an Christian Hope Mlnlstry is constituted as a tharftable organlsation registered with the Charlty Commls51on. It Is admlnlstered under a constitLrtlon. whlch has been approved by the Char Comm15s1on 1054658 tee Pastor Richard A¢heampon8 Godwln MrThomas Abablo boaten8 Mr Akwa$l Owusu-Akontoh Mrs Kate Arkhurst Mrs Patrlcla Awene Boakyfryjadom B15hop Francls Akwaboah Mr Thomas Abablo Boaten8 Pastor Rlchard Atheampong Godwln Mr Emmanuel Boakye Mr Akwasl Owusu-Akontoh Founder and General (knfseer President Head Pastor Admlnlstrator Flnanclal Secretrry an Barclay5 Bank PIC Hoe Street Waltham5tow London E8 nde en Atta & Co. Chartered CertTfied Accountsnts & Reglstered Auditors 32 Kèir Hardie Estate London E5 9AT ers co Page I OBJECTS AND REVIEW ion The Chrlstian Hope Mlntstry was estsbllshed: For the advancement of the ChrI5￿an rell8ion in accordance wlth the doctrines, prlndples of the teaching of Jesus. Its main actrlities are Christian worship and fellowshlp. education and helpin8 Foster rela￿OnShIpS between such charlties elsewhere. With 5imllar alms and oblectsves Engage in activlties whkh support the charity and promote the wellbeing of ￿5 members, and Asslst all persons In need jud8ed by the trustees of de5ervln8 charltable suppporL The church 15 commltted to Teachln8 out to the local communlty through youth wort re8ulèr worshlp, advocacy and social actlvltles. It Is a150 commltted to addressln8 In natlonal and Internatlonal issues on Justl¢ei peace and the environment tio hi anli The churth seeks to collal>orate twlth other churches. partSculary those that have slmllar basls of belleve and oblethves to bulld ecumenlcal relations. De en on rtofv on The churth depends heavily on the commlkn)ent and support of donors. Volunteers. Indudlnq member5 and frlends of the thurth for exetullon of tts mls510n. The charltyls managed throu8h Its 8overnln8 document registered wlth the Charty commlsslon. The Boar(J of Trustees determlne pollcles and monitor thelr Implementatlon. The Prlndple offlcer$ are responslble for the day to day mèna8ement of the charlty and implementatlon of polldes through th* General (hersttr. es The Trustees recognlse the need to bulld reserves to ensure the smooth runnln8 of the church. In Ilne with the 8uldance Issued by the Charity Commlss5on and 8ood practice the thurch wlll be drawing up a reserves pollcy wthln the next year. Factors under conslderatlon Include the need to malntsln the general fabrlc of the bulldin& equipment and compllance wth building regulatlons ènd malntenante of ad•quat• ushflow for the smooth runnln8 of the churth. The Trustees have examlned the charjtys requlrèment forfree reserves In the Ilght of the predomlnant rlsks to the or8anlsatlon. These are identffled as loss of reputation and fallln8 mÈmbershlp of the church. The tr{￿te¢S are satlsfied that they are adequats tor thelr purposes. In the year undervlew takin85 amounted to £I(￿.(1x3 aqainst £127.478 rn 2019. Expenditure decreased from £117,750 In 2019 to £95.256 In 2020 Flnan Fund balances at the end of the year total E93.275. The trustees are satisfied that they are adequate for their purposes. The trustee5 believe the tharrty will contlnue to rely soiety on its membèrshlp and frlends lor financial support. Pa8e 2 STATEMEKf OFTRUSTEES RESPONSIBILMES The charlty law requlres the trustees to prepare financial ststements for each ftnancial perfod, which give a true and falr ￿eW of the church and of the excess or defkit of the church for that perlod. In preparfng those financial statsments, the trLStees are requlred to: Select suitable accounting policies and then apply them conS￿n￿. Make judgements and estimates that are r&isonable and prudent. Comply wtth applicable accountin8 polides subSert to any material departures disc105ed and explained in the financlal statements: and Prepare the flnancial ststements on the onqolng concem basis unless tt ts Inappropriate to presume that the church will rontinue In its operatlon. The trustees are responslble for keepln8 proper books of accourrtln8 records. whl¢h dlsclose wlth reasonable accuracy at any tlme the ftnanclal posltion of the church and to enable them to ensure that the flnèndal statements compty wlth the tharlties, ACL They are also ￿SpOnSIble for safe8uardin8 the assets of the charty and hence for taklng reasonable steps for the preventlon and detectlon of fraud and other Irre8ularltle& nde end Atta & Co have 518nSfled thelr wllllngness to contlnue to offer their ser¥ices In thls dlrertlon and resolutlon proposlng thelr reappolntment wlll be submltted at the Annual General Meetln8. Thls rep beh was approved by the Trustees Meetlng of 14 14thmber 2021 4nd slgned on thelr Secretary Page 3 INDEPENDEMf EXAMINER'S REPORTTO THE MEMBERS OF CHRisnoN HOPE MINISTRY We report on the financial statements of the churth for the ￿ar ended 31December 2020, whlch are Set out on pa8e5 5 to 9 Respe¢tfve respon5ibllltles of trustee5 and independent examiner. As the charty's trustees you are responsible for the prepara￿on of the accounts,. and you conslder that the audit requirement of sectlon 43121 of the tharitles att 1993 (the act) doès not apply It ts our respon5iblllty as examlners of the accounts. to stste on the basls of procedures speclfi8d In the 8eneral dirertions 8iven by the ¢harlty comml551oners under sectlon 4317llbl of the act. whether partlcular matter has come to our attention Our examlnatlon was carrled out In accordante wlth the 8eneral dirertjons glven by the charity commlssloner5. An examlnatlon Includes a review of the accoun￿n8 records kept by the charlty and a comparlson of the accounts presented wfth those records. It abo Includes consideratlon of unusual Items of dlsclosure5 Sn the accounts, and seek5n8 explanatlons from you as trustees con¢ernln8 any such matter5. The procedures undertaken do not provide all the evldence that would be requlred in an audlL and consequently we do not express an audit opinion on the vlew 8lven by the accounts. Independent examlner's statement In connectlon wlth our examinations. no matter has come to our attentlon I whlch gfves us reasonable Cause to believe that In any mater￿1 re5pert the requlrements: al to k•gp accountin8 records In accordance wlth sethon 41 of the rt. and bl to prepare accounts wh5ch accord w5th the accountlng records and comply wlth the a¢countin8 requlrement of the att have not been met: or 2 whlch In our oplnlon. atten￿On should be drawn In order to enable a proper understsndlng of the accounts to be reached. Att•&Co Chartered Certified AccoLtntants & Re8lstered Auditors Pa8e4 CHRISTIAN HOPE MINISTrY STATEMENT OF FINANCIAL AcnvmES FORT EYEA NDE 31 2020 funds 2019 funds funds funds In¢omln8 resources Donations and 8tfts Glft Ald Actlvltles to 8en•rate fvnds.. Other Income Total Incomlnq resources 96.IJXI io.rhjo 96,000 10,000 110.478 17.000 106,0 127.478 R•sour¢•s •xpend¢d Dlreet charltable expèndlture 91.949 957 92.906 I￿.4 Governance Total r•sourc•s •xp•nd•d 2,350 94299 2.350 95.256 2,350 117.750 957 Net Incomlngl(outioln8) resourrns before transfers 11.701 19571 10.744 9,728 Tr*nsfer bètween 19571 957 Net Incomln8/lout8oln8 rewre for th• year 10.744 10,744 9,728 Fund balances brought forward at l January 2020 72,956 9,575 82.531 72.803 Fund balances c•ryled forward 9575 93,275 82,531 There were no recognlsed galns or losses for 2020 or 2019 otherthan those Induded In the Statement of the Flnanclal Artfvities. Page 5 ciIMsniN IIOPE MINisfRY NOTESTO Fifw4a4isTATEMEpnFOR ThEVEARENDEDaioEIiMBf112020 l poltd The fin•ndal skIen￿ wep¥ed undor the eost and indude the re5utt of the thurthe'5 operadon5. Thlry are In attDTth￿èwth lyplKab￿l¢WJnYn6s1andarfs 4nd thes1*en￿￿voc￿W￿&j PraLtre"AcctyJntrTr8 bychar￿¢S.. Voluntarydonltlonsèhd 8lftsar• re£ord•d bwlk L3 BMkn•fdlotthof•xp•M ExF4ndkur• LRIHEYEAXENDeDaioE(EM￿1Il2o CredltOfS'. AmuhtsMhwdu• wlthln omyur g•nk io•ns At¢nJa 5.963 91 Cr•dltors'. Amountswh¥du• 2019 •) R•sirtt4dlwx 31.1220 Ru¢rkt•d ￿nd# •421• 957AQ 457JKI 157 85.M 9,57& 93.Z75A CHftIThAN HOPE MIPIISTrY BALANCE SHEET FIXEDASSeTS Thn8lbleAssets 21919 29,796 Debtor5 ind pr•p•ym•h Cash ar bank and In hand 7.924 Ct•dFtors'. •TrMwntslallry5 du• wlthlrbom y 613 Cr•dltsrs.' •in¢vJMif•llw d¥e aft•ron•￿Il •nk io•n .10,870 Tot•1 •ii•ts 1￿CUrrent Th•WIIII Fundi Incom•funth Resirfcted fvnds Unrqstrfrted fijnds.. Othorchartsbig funds 9￿75 9￿75 71956 93375 Appr d by th•TFt¢5tw$ on thelr bthawby nd