Registered number 1054658 CHRISTIAN HOPE MINISTRY FINANCIAL STATEMENT AND TRUSTEES REPORT 31 December 2022
CHRISTIAN HOPE MINisfRY ADMIN RAMVE D AILS AND TRUStEES RE The trustee5 present their annual rèport and finanaal wew for the year ended 31 December 2022. The accounts compty with the statutory requlrernents of thè charity's 8overnin8 documenL istered an P05td Addr 77 Morley Road Leyion London EIO 6LI rnln ument and constlt Chrlstlan Hope Ministsy Is Constituted as a charltabk Of8anlsatlon reglstered wlth the Charty Commlsslon. It Is administered under a ConStuon. which has been approved by the Charlty Commlsslon 1054658 rust Pastor Rlchard Acheampon8 Godwln Mr Thomas Abablo boaten8 Mr Akwasl Owusu-Akontoh Mrs Kate Arkhur5t Mrs Patrlcla Awene Boakye-yladom Bishop Francls Akwaboah Mr Thomas Abablo Boateni Pastor Rlchard Acheampon8 Godwln Mr Emmanuel Boakye Mr Akwasi Owusu.Akontoh Found•r and General Overseer pr1dent Head Pastor Admlnlstrator Financlal Secretary eorclays Bank PIC Hoe Street Walthamstow London E8 nde endent Atta & Co. Chartered Certrfied Accountsnts & Registered Audltors 32 Keir Hardie Estate London ES 9AT mln Page I
OBJEcfs AND REVIEW Mlssion Vi51on The Chrlstlan Hope Mlnlstry was estsbli5hed: For the advancement of the a)rtstian reli8ion in accordance with thè dortrines, principles of the teathin$ of Jesus. Its main activftles are Chrlsuan worship and fellowshlp, educatton an(1 helping Fosier relatlonshlps beeen such charttie5 elsewhere. Wtth similar alms and objectl¥es Enge in activltles whlch 5UPPOrt the charty and promote the wellbeing of its members, and • Assist all persons in need }udged by the trustee5 of deseTrlng tharitsble suppport. The church is commthed to re•thing out to the local communlty through youth worl re8ular wor5hlp, advocacy and soclal actlvfcles. It Is also mMItted to addressiry In national and Internatlonal Issues on Iustlce, peace and the envSronment. wlh thero nization The church seeks to collaborats with other churches, partlculary those that hwle slmSlar ba515 of belleve and oble¢tlves to bulld ecumenlcal relatlon5. De enden on ofv S-in-kln The church depends heavSly on the commltment and support of donors, volunteers, Sncludln8 member5 and frlends of the church for executlon of tts mission. The charityls managed through govemlng document re8lstered wth the tharlty commlsslon. The Board of Trustees deternilne pollcles and monltor thelr implementatlon. The Prlnclple offlcers are responslble for the day to day management ot the ¢harlty and Implementatlon of policles throu8h the General Q4erseer. The Trustee5 recognlse the need to bulld reserves to ensure the smooth runnln8 of the church. In Ilne wlth the guldance Issued by the Charrty Commisslon and good practlce the church wlll be drawlng up a resèrves policy within the next year. Fartors under conslderation Include the need to malntaln the ieneral fabrtc of the bulldin& equipment and compllance bulldlng regulatlon5 and malntenancè of ad•quat• cashfiowlor th• $mooth runnln8 of the church. The Trustees have eXamIn the charSty's requlrement for fr¢• reserv•s kn the118ht of the predomlnant rlsks to the organisation. These are Identrfted as loss of reputatlon and falling membershlp of the church. The trusterf are sattsned that they are adequate for their purposes. esul In the year underview taklng5 amounted to £2,257 against £128.822 In 2021. Expenditure increased from £125,769 in 2021 to £178.625 in 2022 inanclal 051tlon Fund balances at the end of the year totsl £69.367. The trustees are satsfied that they are adequate for their purposes. The trustees believe the tharity will continue to rely solely on Its membershlp and friends forfinancial supporL Page 2
srATEMENT OF TRLisfEES RESPONSIBILMES The Charity law requires the trustees to prepare finandal statements for each financial period, whlch 8lve a true and falr vlew of the church and of the excess or dlt of the church for that perjod. In preparfn8 those finan¢lal statements, the trustees are requlred to: Select surtable accountlng pollde5 and then applythem consistentty; Make judgements and estimate5 that are reasonable and prudent: Comply wlth applicable accountlng policies subjett to any material departure5 dlsclosed and explained in the finandal ststements; and Prepare the financlal ststements on the on*oing concern basis unless It Is 5nappropriate to presume thatthe church wlll Continue In Its operatlon. The trustees are responslble for keeplnB proper books of accountin8 records, whlth disclose wlth reasonable accuracy at any tlme the flnanclal posltlon of the church and to enable them to ensure that the ftnan¢ial ststements ¢omply wlth the Charhles. ACL They a also responslble for safe8uardlng the assets of the charSty and heneé for tskln8 reasonable steps for the prgventlon and detectlon of fraud and other irregularities. Ind en Atta & Co have slgnlfied thÈlr wllllngness to COnne to offer their services In thls dlrection and resolutlon proposln8 thelr reappolntment will be submltted at th8 Annual General Meetin8. en Thls report wjs approved by the Trustees Meetlnl of 22 November 2023 and sS8ned on thelr behalf nanclal Secretsry
INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF CHRislloN HOPE MINisfRY We report on the finanual statements of the church for the year ende(1 31December 2022, whlch are set OLrt on pates 5 to 9 Resperte responslbllltles of trustees and independent examiner. As the charlty's trustees you are responslble for the preparatlon of the occounts: and you consSder that the audit requSrement of sectlon 43121 of the tharltles att 1993 (the act) does not apply It Is our responsibillty as examiners of the accounts. to stats on the basls of procedures specthed in the 8eneral directions 8fven by the ¢harity commbsloners under sectlon 4317llbl of the acL whether partlcular matter ha5 come to our attention Our examlnatlon was carried out in accordante with th• general dlrectlons liven by the ch•rtty commimloners. An examlnatlon Includes a revlew of the ac¢ountlng records kept by the charlty and a compari50n of the accounts presented wlth those records. It also InclLtdes consIderatn of unusual Items of dlsclosures In the accounts. and 5eekln8 explanatlons from you as trustees concerning any such matters. The procedures undertaken do not provlde all the evSden¢e that would be requlred In an audit, and consequently we do not express an aud5t oplnlon on the view glven by the accounts. Independent examiner's ststement In connectlon wlth our examlnatjons, no matter has Come to our attent5on I whlch qlve$ u5 aSonable cause to bellève that In any materlal respect th¢ rÈqulrements: al to keep accountSn8 records In a¢cordance sttdon 41 of the act; and bl to prepare accounts whlch accord wlth the acctyJntln8 record$ and comply wlth Ihe accountln8 requlrement of the act have not been met: or 2 whlch In our oplnlon, attentlon should be dra¥m In order to enable a proper understandlng of the accounts to be reached. Chartered Certlfied Accountants & Registered Audltors
CHRisfiAN HOPE MINISTrY STATEMENT OF FINANCIAL AcrivmES R THE YEAR ENDED 31 DECEM Unrestrlcted Restrlcted funds funds 2022 Inds 2021 funds Incomlng resources Donations and gifts Glftmd Artlvltles to generate funds: Other Income Total In<omln8 resourc 132,250 20.LKXI 132,250 20,0 128,822 151257 151257 I2812 Resourcw expendd Dlrert charltable expendrture 169,577 14 169,591 123,419 Governance Tol•l r•sources ¢xpended 9,034 178.611 9,034 178,625 2,350 125.769 14 Net IncomInlOOIn1j r•wurt b•fore transfers 126,3541 1141 126,3681 3,053 Tr•nsf•r betTr fvndi Net Incomln8llaut8oln8 rnsources for the ye•r {26,3541 {141 126,3681 3,053 Fund balances brought forward •t l J•nuary 2022 io 86.234 9,501 95,735 93,275 Fund balancts rrIed forwrd 59 9A87 69,367 96,328 There were no recognised gains or1055es for 2022 or 2021 other thèn those included in the Statement of the Flnandal Activities. Page 5
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NI)TESTOFIWiI4aAL5fATEMEMfFrnyEAA E14DEDJIDecEMBER2012 WeKare MUSK mkntry Radlo &IV 8ra4casiir Church & Man House ureg M1551on & Mlnlstryexpenses Chlwjrtn &Youth Athf¢s W4esC05ts wOrkare Penslon Adrnlnlstration BaJ)k LDan InterÈst rtstmasdlnrr& annhwsary Replrs, MaInten¢t& Refvrbl4)mtht HP Inter¢ Lknn8 & Heatln8 Ynbllln8 expens•S 14 16S7 7570 5.970 67,n7 3.957 23.765 197 4.750 52.10) 6.127 L974 l248 520 4.512 TeIryho0 Inr1¢0$ Conatlon5 HOrarIUM Insuranet Rates& Coun¢MTax thk thJi8es L716 2.299 2,220 1504 11310 l935 3,Ifa 762 912 IQ728 Sundryexpqnses 4106 123819 Ex4mln•¢knn afAttounts T•t•l 9m4 8 nk CurrwtAtt¢¥nt Bar¢tsv5 Busth•ts pr•MmA££n1 27.109 L479 5,101 9S7 C15h In Ilafid
CHRISTIAN ktOPE MII4ISTRY NOTESTOFIMAiiaALSTATEMWFOR THEYEAR EIIOED31DEC&MBtRIOII Bknik lo• 974 5.963 PAYE Acuua 2J50 19 Cr•difOfS:AmaUrbt¥f•tyd alrvon• yar anth HPCr•dbtor 2021 955 11.7K 955 10 &Jmmry olfvnth& v•Mv •) RMtriEt•dfvr O•l•bK••t JI.IL22 Fvnth R•strttt•d Funds $9.880.00 9A8Y.th) 9SOIJ#) 15U57 625J 69,367
CHRISTJAN HOPE MINISTrY 8AiANCE SHEET T31D FIXED ASSETS Tan8lble Assets 28.037 32,144 Currènt Assets DO0 and prop•ym•nts Cash Jt bank and In hand 38.748 30.168 68.916 86,720 14,(#)6 100.716 Crodltorn: •mountsf•lllN wiINn or•y•ar N¢t wrr•nt Isxts 5a.1 Cr•dltor& •mounts f•lllw aft•r one y••r B•nk Loah 9b -11.780 -17,019 Totsl •M•ts l•mrI•t Il•bMltl 96,320 Fyndi lfi¢om•fvnth Restrfct¢d funds Unr•5trktsd fvnds.. Oth•r charlt•lAe funds 7,178 89,150 S9A83 96,318 Approved tyihe Trustees and s18ned on thelr behaff bv Fln•nc ¢r•tiry Pa8e9