Registered number
1054658
CHRISTIAN HOPE MINISTRY
FINANCIAL STATEMENT AND TRUSTEES REPORT
31 December 2024

CHRISTIAN HOPE MINISTRY
ADMINISTRATIVE D￿AlL5 AND TRUSTEES REPORT
The trustees present their annual report and financial review for the year ended 31 December
2024. The accounts comply with the statutory requirements of
the charity's governing document
Re
i5tered and Posts1 Address
77 Morley Road
Leyton
London
EIO 6LI
Status
overnin
document nd constitution
Christian Hope Ministry is constituted as a charitable organisation registered with the tharity
Commission. It is administered under a Constitution, which has been approved by the Charity
Commission
istration No.
1054658
Trustees
Bishop Richard Acheampong Godwin
MrThomas Ababio boateng
Mr Martin Obeng
Mrs Kate Arkhurst
Mrs Patricia Awene Boakye-yiadom
Princl al Officers
Archbishop Francis Akwaboah
Mr Thomas Ababio Boateng
Blshop Richard Acheampong Godwin
Mr Emmanuel Boakye
Mr Martin Obeng
Founder and General Overseer
President
Head Pastor
Administrator
Financial Secretsry
Bankers
Barclays Bank PIC
Hoe Street
Walthamstow
London E8
nde
endent Examiners
Atta & Co.
Chartered Certified Accountants
32 Keir Hardie Estate
London E5 9AT
Accountants
Page I

OBJEcfs AND REVIEW
Mission & Vision
The Christian Hope Ministry was established:
For the advancement of the Christian religion in accordance with the doctrines, principles of the
teachlng of Jesus. Its main attivities are Christian worship and fellowship, education and helpin8
Foster relationships between such charities elsewhere. With similar aims and
objectives
* Engage in activities which support the tharty and promote the wellbeing of Its
members, and
* Assist all persons in need judged by the trustees of deserving charitable sUPPPOrt.
The church is committed to reaching out to the local community through youth work, regular
worshipi advocacy and social activitie5. It is also committed to addressing in national and
international issues on justice, peace and the environmenL
Relationshi
s with other or
anizations
The church seeks to collaborate with other churches. particulary those that have sirnilar basis of
believe and objettives to build ecumenical relation5.
endence on su
ort of volunteers and donations-in-kind
The church depends heavily on the commitment and support of donors, volunteers, including
members and friends of the church for execution of its mission.
nisation
The charity is mana8ed through its governing document regi5tsred with the Charity
commission. The Board of Trustees determine policies and monitortheir implementation.
The Prlnciple officer5 are responsible forthe dayto day management of the charity
and implementation of policies through the General Overseer.
Reserves
The Trustees recognise the need to build reserves to ensure the smooth running of the church. In
line with the guidance issued by the Charity Commission and good practice the church will be
drawing up a reserves policy wlthin the next year. Factors under consideration include the need
to maintain the general fabric of the buildin& equipment and compliance with building
regulations and maintenance of adequate cashflow for the smooth running of the church.
The Trustees have examined the charlty'5 requirement for free reserves in the light of
the predominant rlsks to the organisation. These are identified as loss of reputation
and falling membership of the church. The trustees are satisfied that they are
adequate for their purposes.
Results forthe ear
In the year underview takings amounted to £135.542 against £155.249 in 2023. Expenditure
decreased from £178,764 in 2023 to £123,297 in 2024
Financial
osition
Fund balances at the end of the year totsl £41,137. The trustees are satlsfied that they are
adequate for their purposes. The trustees believe the charity will continue to rely solely on Its
membership and friends for financial sUPPOrt.
Page 2

srATEMENf OF TRusfEES RESPONSIBILMES
The charity law requires the trustees to prepare financial statements for each financial period.
which give a true and fair view of the church and of the excess or deficit of the churth for that
period. In preparing those finantial statements. the trustees are required to-
Select sultsble accounting policles and then apply them consistently•
Make judgements and estimates that are reasonable and prudent;
Comply with applicable accounting policies subject to any material departures
disclosed and explained in the financial ststements: and
Prepare the financial statements on the on-going concern basis unless it is
inappropriate to presume thatthe church will continue in its operation.
The trustees are responsible for keeping proper books of accounting records, which disc105e w]th
reasonable accuracy at any time the financial position of the church and to enable them to
ensure that the financial statements comply with the Charities, Act. They are also responsible for
safeguarding the assets of the charity and hence for taking reasonable steps for the prevention
and detection of fraud and other irregularities.
Inde
endent Examiner
Atta & Co have signified their willingness to continue to offer their Services in thls dirertion and a
re501ution proposin8 their reappointment will be submltted at the Annual General Meeting.
This report was approved by the Trustees Meeting of 8 November 2025 and signed on their
behalf.
Flnancial Secretary
Page 3

INDEPENDENT EXAMINER'S REPORTTO THE MEMBERS OF CHRISTION HOPE MINlSfRY
We report on the financial statements of the thurth for the year ended 31December 2024,
which are set out on pages 5 to 9
Respective responsibilities of trustees and independent examiner.
As the charity's trustees you are responsible for the preparation of the accounts; and you
consider that the audlt requirement of sertion 43(2) of the charities act 1993 (the att) does not
apply
It is our responsibility as examiners of the accounts, to stste on the basis of procedures specified
in the general direttÈons given by the charity commissioners under section 43171{b} of the act,
whether particular matter has come to our attention
Our examination was carried out in accordance with the general directions glven by the charity
commissioners. An examinatlon indudes a review of the accounting records kept by the charity
and a comparlson of the accounts presented with those records. It also includes consideration of
unusual items of disclosures in the accounts, and seeking explanations from you as trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit, and consequentjy we do not express an audit opinion on the view
given bythe accounts.
Independent examiner's statement
In connertion with our examinations, no matter has come to our attentlon
I whlch gives us reasonable cause to believe that in any material respect the
requirements:
al to keep accountlng records In accordance with section 41 of the act; and
bl to prepare accounts which accord wlth the accounting records and comply with
the accounting requirement of the att have not been met . or
2 which in our opinion. attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Atta&Co
Chartered Certified Accountsnts
Page 4

CHRISTIAN HOPE MINISTRY
STATEMENT OF FINANCIAL ACTNMES
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted Restrirted
funds
funds
2024
funds
2023
funds
Incomlng resources
Donations and gifts
Gift Aid
Artlvities to generate funds:
Other income
Totsl incomln8 resources
115,726
19.759
115,726
19.759
135,130
20,000
2b
57
135.542
57
135.542
119
155.249
Resources expended
Dlrect charitable expenditure
120.753
369
121.122
176,514
Governance
Total resources expended
2,175
122.928
2,175
123.297
2,250
178,7fA
Net Incoming/(outgoing) resources
before transfers
14,134
(369)
13,765
(41,9951
Transfer between funds
Net incomln81(outyoin8 resour
for the year
14,134
{3691
13,765
{41,995)
Fund balances brought forward
at ljanuary 2023
io
19,308
27,372
69,367
Fund balances carrled forward
33A42
7,695
41,137
27,372
There were no recognised gains or losses for 2024 or 2023 other than those included in the
Statement of the Financial Activities.
Page 5

CHRISTIAN HOPE MINISTRY
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
FIXED ASSETS
Tangible Assets
17.863
22,336
Current Assets
Debtors and prepayments
Cash at bank and in hand
21.976
38,808
60.784
37.500
9.166
Creditors: amounts falllng due
withln one year
-34,335
-34,030
Net current assets
26049
12,636
Croditors: amounts fallln8 due
aftor one year
Bank Loan
9b
-2.280
Totsl assets le55 current Ilabllltles
42,032
27,372
Funds
Income fund5
Restrlcted funds
Unrestricted funds:
Other charltsble fijnds
7,695
33.442
8.064
19,308
41,137
27.372
Approved bythe Trustees
and signed on thelr behalf by
Flnancial Secretary
Page 6

CHRisfiAN HOPE MINISTrY
NOTESTO FINANCIALsfA7EMEKT FOR ThEYEAR ENDED 31 DECEMBER 2024
l Accountlng wkies
1.1 Accountin8 t*)n￿ntIon
The financial stthments are prepared under the hi5torkal cost convention and Indude the result of the Church's tsperations. They are in
a¢¢ordance wkh applitable accoun11r￿ aandards and the Statement of Recommended Pr3ciice"Accounting by Charltle¢.
L2 Incom•
Voluntary donations and gifts are recorded on a receipt basi&
1.3 Basis of allo¢atlon of ￿PenseS
Expendiiure Is allocated to the dIffe￿nt￿te￿or*S In the Ststementof Financial Activtt￿s on thè b3515 which reflects thè day to day operations.
All expenditure is accounted for on accruaLs basis and has bÈen das5ified under headings that aB￿gate all costs related to the ote80ry.
Char￿able costs are those tQ5ts incurred direcuy on activities in pursult of charikble ob*ts CharsEabte Admlnlstration is that part of
expendlture which relates to the administration of the Church rtselF.
1.5 Fund accoumin4
The majority of the Church's income ￿ from donation& ResirKted funts ￿pre5ellt amounts ￿Ned for 5pecffic purposes. which have not yet
been fully S￿nt on those purposes at the year end. unrestric￿ fund5 are availabbe for use at the di%retion of the Tnstees of the Church In
furtherance of the general obiectfves of the Church.
2023
Za Donat10￿ and Slmllw Gmng
Thithes
Offerlngs
Welfare
30,172
35.230
Totsl
i￿,￿6
135,130
2b Tax Refund
2023
Glft Aid
19.759
19,759
2c Other Income
Interest Rece￿able
57
119
57

CHRISTIAN HOPE MINISTRY
NOTESTO FINANCIALSTAIEMENf FOR THEVEAR ENDED JIDE￿MBER 21)23
4 Dlrect charitab* ex￿￿[￿re {LkwtstricW)
WélFare
Music Ministsy
Radlo & TV Broadcaslln8
Church & Mtsslon House upkeep
Mlsslort & Ministry eX￿n
Wages Costs
workpla￿ Pension
Admintstration
Bank Loan Interest
Christmas dinner & anniversary
Repairs, maintenance & Refurbishment
HP Interest
369
9,616
1,420
9,010
&926
4.520
76.704
45,870
3.627
s￿26
6,205
378
6,442
5.611
F il
1.248
1.248
6.202
12.075
ghting & Heating
Travelling expenses
Prlntln&Poyage & Ststkmery
Telephone
Intemet costs
Donation5
Honorarium
Insurance
Rates & Counul Tax
Bank Charges
Dep￿latIon
Sundry expen
4.676
1.623
1.872
1.245
5.813
8.520
1.541
1.230
3,624
2.643
794
4.472
449
5.702
Totsl
120,753
175.094
5 Governance Cost
Examination of Accounts
2.175
2.2
Totsl
175
8) Debtors and Prepayments
HMRC-GfftAid
HP Interest Suspense- HP Van
34,277
3.223
L976
21?76
37,500
8b 8ank Balances
Current Account BHrthys Bank
8usJnèss Premium Account
Paypal Account
Cash in Hand
2,515
5,128
L523
35,185
9.166
Pa8e 8

CHRISTIAN HOPE MINLsfRY
NOTESTO FINAPICIALsfATEMEPIT FOR THEVEAR ENDED 31DEQM8ER 21)23
9a Credltors: Amounts due
wlthln one year
Bank Loans
HP Cxedltor
PAYE
Accruals
45fy)
27.220
2.250
34,030
27.220
2.175
34335
9• Credlthrs: falllngdue
after one year
Bank Loans
HP Credltor
5?55
555
10 Summaryoffub)ds a ￿5¢1¥•$
al Restricted fvnds
Balance at
3L12.22
Ib)comlry
Balance at
31.12.23
Unrestricted Fund5
33A42.IA)
7.695.ty)
&064.00
27.3n.TrJ
135W 121.777AM)
41,137AXI