Charit� Registration Number: 1056283
HOPE COMMUNITY CHURCH
TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
HOPE COMMUNITY CHURCH
CONTENTS
| Page | |
|---|---|
| Legal and administrati�e information | 1 |
| Tr�stees' report | 2 � 5 |
| Independent e�aminer�s report | 6 |
| Statement of financial acti�ities | 7 |
| Balance sheet | 8 |
| Notes to the financial statements | 9 � 15 |
HOPE COMMUNITY CHURCH
LEGAL AND ADMINISTRATIVE INFORMATION
| Charit� Name | Hope Comm�nit� Ch�rch |
|---|---|
| Trustees | M Pearce |
| P Be�non | |
| M J MacDiarmid | |
| K Allen | |
| Charit� Number | 1056283 |
| Principal Address | 56 B�ll Head Street |
| Wigston | |
| Leicester | |
| LE18 1PA | |
| Independent | The Ro�le�s Partnership Limited |
| E�aminer | Chartered Acco�ntants |
| Charn�ood Ho�se | |
| Harco�rt Wa� | |
| Meridian B�siness Park | |
| Leicester | |
| LE19 1WP | |
| Bankers | Barcla�s Bank plc |
| 1-3 Ha�market To�ers | |
| Leicester | |
| LE1 1WA |
Page 1
HOPE COMMUNITY CHURCH
TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023
The Tr�stees present their report �ith the financial statements of the charit� for the �ear ended 30 September 2023. The tr�stees ha�e adopted the pro�isions of Acco�nting and Reporting b� Charities: Statement of Recommended Practice applicable to charities preparing their acco�nts in accordance �ith the Financial Reporting Standard applicable in the UK and Rep�blic of Ireland (FRS 102) (effecti�e 1 Jan�ar� 2019).
The financial statements ha�e been prepared in accordance �ith the acco�nting policies set o�t in the notes to the acco�nts and compl� �ith the charit��s go�erning doc�ment, the Charities Act 2011 and Acco�nting and Reporting b� Charities: Statement of Recommended Practice applicable to charities preparing their acco�nts in accordance �ith the Financial Reporting Standard applicable in the UK and Rep�blic of Ireland p�blished in October 2019.
Structure, Governance and Management
Hope Comm�nit� Ch�rch is go�erned b� its constit�tion; dated April 1995 and amended A�g�st 2019. It is administered b� the elders, �ho are also the tr�stees of the charit�.
The ch�rch is a member of the Ne� Wine net�ork of ch�rches.
The tr�stees are appointed b� the members of the ch�rch and ser�e for �p to fi�e �ears, after �hich the� ma� stand again for re-election. C�rrentl�, the board of tr�stees n�mbers fo�r, �ith no changes in the last financial �ear.
Tr�stees meet fortnightl�, d�ring term time, for pra�er and b�siness. Also meeting monthl�, a �ider gro�p of leaders also attend the meetings, �here the foc�s is largel� on pastoral care �ithin the ch�rch comm�nit�, and pra�er for the ch�rch. Once a term, the meeting is attended b� an �E�tended Leadership Team� of ke� departmental leaders �ithin the ch�rch. These meetings are an opport�nit� for the elders to share �ision, and an opport�nit� for these ke� leaders to ask q�estions and shape the �ision presented to them.
Go�ernance and s�pport costs are sho�n in the notes to the acco�nts. The t�pes of f�nds are disclosed on the face of the balance sheet.
The tr�stees ha�e assessed the major risks to �hich the charit� is e�posed, and are satisfied that s�stems are in place to mitigate e�pos�re to those risks.
Objectives and Activities
The objecti�es of the charit� are stated in the constit�tion and �e see these being �orked o�t thro�gh the ad�ancement of the kingdom of God thro�gh the Gospel of Jes�s Christ. This res�lts in the b�ilding �p of belie�ers, the practical o�t�orking of Christian faith b� relief of h�man s�ffering and po�ert� �ithin the comm�nit� and reaching o�t �ith the good ne�s of Jes�s Christ. The tr�stees ha�e had regard to Charit� Commission g�idance on p�blic benefit.
The le�el of performance against objecti�es reflects the commitment of the members �ho �ol�nteer their time, energ� and mone� freel� beca�se of their faith. The leadership and management of this acti�it� is the primar� responsibilit� of the tr�stees and paid staff.
Page 2
HOPE COMMUNITY CHURCH
TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 CONTINUED
Communit� Outreach
We are in the pri�ileged position to ha�e three members of staff - Maril�n, Lesle� and Emil� - �hose sole foc�s is on comm�nit� o�treach. Emil� is a ne� addition to the team, being emplo�ed a da� a �eek to s�pport Maril�n in the Compassion Ministr� �ork. In addition to these staff members, there is a host of �ol�nteers �ho r�n other o�treach projects or help s�pport those �ho do.
The CAP debt centre has contin�ed to ha�e a significant role in the life of the comm�nit�. 19 ne� clients ha�e been taken on this �ear, �ith se�en going debt free, as �ell as se�eral CAP mone� co�rses being r�n in the local comm�nit�. This ministr� is deli�ered b� Maril�n, �ith s�pport of Emil� and a gro�p of �ol�nteer befrienders.
The Hope H�b, like�ise, has contin�ed to be �tilised �ell b� the comm�nit�. This �ear 165 families ha�e been pro�ided �ith clothing, ho�sehold items and toiletries thro�gh the �ork of the Hope H�b. As �ell as taking referrals, the Hope H�b has a monthl� drop-in session �here clients can sta� for tea and coffee.
As part of the Compassion Ministr�, �e also r�n a �eekl� T�esda� session on a local co�ncil estate (Bo�lter Crescent), aimed at bringing local residents together, pro�iding comm�nit� for other�ise isolated people.
O�r famil� s�pport contin�es to thri�e, �ith �p to 80 children attending one of t�o tots gro�ps in the �eek. This is deli�ered b� o�r Famil� O�treach �orker, Lesle�, and a team of faithf�l �ol�nteers.
Lesle� also r�ns a �eekl� �Let�s Do Life� gro�p, �hich pro�ides targeted s�pport for local, often ��lnerable, �o�ng families. This is m�ch smaller, �ith aro�nd eight families attending �eekl�. The aim is to gi�e these �o�ng families the skills to thri�e as parents economicall�, emotionall� and spirit�all�. It has been incredibl� �ell-recei�ed b� those �ho attend, �ith m�ch thanks going to the small committed team deli�ering this ser�ice.
The T�esda� morning coffee morning has contin�ed to flo�rish, �ith �p to 50 older comm�nit� members attending each �eek, finding a place for comm�nit�, s�pport and f�n. Additionall�, a n�mber of other e�ents ha�e been organised incl�ding meals attended b� o�er a h�ndred people and coach loads of attendees going da� trips. These ha�e been f�nded b� incredibl� genero�s gifts from the comm�nit�, and reso�rced b� Ch�rch Member Hannah O�ers and her team of ama�ing �ol�nteers.
The H�b Cl�b, �hich �as started last �ear in partnership �ith the local Primar� Care Net�ork has contin�ed to pro�ide a �al�able place of comm�nit� and referral to ke� agencies. Up to 40 people attend e�er� �eek and ha�e the opport�nit� to socialise, b�t also access health, mental health, benefits and social s�pport.
We contin�e to host t�o Foodbank sessions each �eek, r�n b� Leicester So�th Foodbank, �ho also r�n a comm�nit� meal from o�r b�ilding. Each �eek, those in need of emergenc� food parcels recei�e one at one of these sessions.
Church Communit� Events and Activities
O�r S�nda�s are the high point of o�r reg�lar acti�ities. The� are open to an�one to attend, and �e ha�e �p to 180 attending each S�nda� morning, tho�gh �e ha�e o�er 180 ad�lts and 100 children on o�r address list.
Each �eek, there is half an ho�r of collecti�e �orship, at �hich point the children and �o�ng people go o�t to their o�n gro�ps, �hich pro�ides them �ith a conte�t to learn abo�t faith in �a�s appropriate to their age gro�ps. We ha�e aro�nd 30 DBS-checked �ol�nteers leading these sessions. These are led b� Katie Va�ghan, o�r ne� Children and Yo�th �orker.
Page 3
HOPE COMMUNITY CHURCH
TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 CONTINUED
Church Communit� Events and Activities - continued
Also led b� Katie and her team of �ol�nteers. is the mid�eek Yo�th �ork, Th�rsda� Night Inferno, �hich attracts �p to 30 11-18 �ear olds each Th�rsda�, for f�n, games and disc�ssion abo�t faith. There is also a more in-depth gro�p for those �anting to look deeper at faith, �hich a smaller n�mber attend.
Once a term, �e contin�e to r�n �Mess� Ch�rch� in o�r S�nda� gatherings, �hich is a morning f�ll of crafts and acti�ities aimed at �o�nger children and their families, and attracts a large �mber of comm�nit� families. We are seeing o�er 50 people from the comm�nit� in addition to normal ch�rch attendees at Mess� Ch�rch.
Each �eek, �e contin�ed to r�n Small Gro�ps, �hich pro�ides an opport�nit� for ch�rch members to learn abo�t different aspects of life and faith in a smaller, disc�ssion-based setting. These ha�e been generall� �ell-attended, and are almost all r�n b� �ol�nteers �ithin the ch�rch.
One of those gro�ps �as a Kints�gi Hope �ellbeing gro�p, �hich �as r�n b� Maril�n, �ho is no� trained as a KH gro�p leader. These seek to promote good mental health in the �ider comm�nit�. The first gro�p �as r�n �ithin the ch�rch as a pilot, and �e�re e�cited to see ho� this de�elops �ider in the ne�t �ear.
Each Christmas, �e r�n a �hole load of festi�e e�ents. This �ear �e ran eight Carol singing e�ents, ranging from Carols b� Candlelight thro�gh to carols in a local p�b or the open air. These e�ents are al�a�s pop�lar and �e had h�ndreds of people coming to these e�ents o�er the month.
We also ran three conferences again, the Je�el and Release �omen�s and men�s conferences attended b� bet�een 150 and 200 people. These are fantastic gatherings that attract people from as far as the So�th Coast. We also ran another Ch�rch Weekend at Home, �ith a �eekend of e�ents and gatherings for the ch�rch famil�, incl�ding an afternoon at a local �orking farm.
We contin�e to offer pastoral s�pport for o�r members thro�gh men�s and �omen�s ministries, small gro�ps and thro�gh a gro�ing pastoral care team �ho are able to �isit those �ho are sick and str�ggling.
Support of Mission Partners
The ch�rch contin�es to s�pport the �ork of t�o of o�r members in their in�ol�ement �ith the El Alfarero Project in Boli�ia. Their ne�sletters are distrib�ted among the ch�rch famil� to share ne�s, inform pra�ers, and stim�late financial s�pport. We �ere pri�ileged for them to spend a significant amo�nt of time back in the UK, �hich ga�e them an opport�nit� to reconnect �ith the ch�rch famil�.
We ha�e contin�ed to s�pport the sharing of the Gospel to Je�ish people b� financiall� and pastorall� s�pporting t�o of o�r Ch�rch members �ho �ork for Christian Mission to the Je�s. These ch�rch members retired from this �ork this �ear, and �e decided that the financial s�pport �ill not contin�e into ne�t �ear.
Thro�gh one of the ch�rch members, �e ha�e links �ith St Stephen�s Societ� �hich has its headq�arters in Hong Kong. We s�pport this �ith pra�er and gifts.
We started financiall� s�pporting one of o�r members �ho �orks internationall� in helping men engage �ith faith thro�gh the �ork of Christian Vision for Men. Man� of the men he s�pports ha�e significant mental health concerns, so �e are e�cited abo�t this ministr�.
Additionall�, �e started to financiall� s�pport the �ork of the Bethan� Children�s Tr�st, �here one of o�r members is the CEO. BCT �orks �ith partner projects in S�b-Saharan Africa to mobilise Christians and Ch�rches to s�pport ��lnerable children at risk in their comm�nities.
Page 4
HOPE COMMUNITY CHURCH
TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023 CONTINUED
Future plans
This �ear has been a �ear of consolidation and stead� gro�th. We are no� reaching capacit� on a S�nda� morning, so ha�e been e�ploring �a�s to free �p space, �hile also �idening o�r abilit� to ser�e local comm�nit�. As a res�lt, in cons�ltation �ith o�r ch�rch members, �e are aiming to ha�e started an additional ch�rch site in So�th Wigston this coming �ear. We are also e�ploring initiating a project in L�tter�orth �ith some of o�r members �ho li�e there. This �ill mean rethinking o�t leadership str�ct�res, �hich �e �ill endea�o�r to do imminentl�, taking into acco�nt all the necessar� legal obligations.
We are also hoping to consolidate o�r pastoral care as a ch�rch. We belie�e that rethinking o�r small gro�p s�stem �ill allo� for increased pastoral care �ithin the ch�rch comm�nit� so as not to place �nd�e b�rden on a �er� small gro�p of people.
We are also hoping to bring a lot of o�r comm�nit� o�treach into one session in order to ma�imise o�r reso�rces as a largel� �ol�nteer-r�n organisation. This �ill take significant logistical planning from m�ltiple e�ternal agencies, b�t co�ld be fr�itf�l for o�r o�treach to Wigston as a �hole.
Plans to impro�e the b�ilding contin�e to de�elop. We are hoping that this time ne�t �ear, �e �ill ha�e e�tended o�r kitchen, impro�ed o�r �elcome space. We are also looking again at ho� �e can make Phase IV �pstairs a �seable space.
As �e gro� as a ch�rch, �e also recognise the lead to strengthen o�r leadership, and so are looking to appoint at least t�o ne� elders in the ne�t financial �ear.
Financial Review
The state of the Charit��s finances is sho�n in the attached Statement of financial Acti�ities, balance sheets, and notes to the acco�nts. There �as some concern this time last �ear that finances �o�ld be stretched o�ing to the cost of li�ing crisis. Ho�e�er, gi�ing has act�all� increased this �ear, �hich allo�ed �s to end the �ear �ith income e�ceeding e�pendit�re. This is onl� possible d�e to the incredibl� genero�s and, at times, sacrificial gi�ing of o�r reg�lar members.
Reserves Polic�
The tr�stees aim to keep appro�imatel� three months� salar� and s�pport costs in the �nrestricted f�nds. �772,495 (2022: �791,706) �as held in �nrestricted f�nds at the �ear end. This is in e�cess of the amo�nt req�ired per the reser�es polic� d�e to additional f�nds held for major b�ilding maintenance and de�elopment.
Summar�
This has been another positi�e and e�citing �ear in the life of Hope Comm�nit� Ch�rch. Partnerships �ith comm�nit� agencies ha�e been strengthened, attendance and gi�ing has increased, and there is a clear plan for f�t�re de�elopment and gro�th. We are e�cited abo�t contin�ing to ser�e o�r local comm�nit� in the coming �ear.
Appro�ed on behalf of the tr�stees on 16 Jan�ar� 2024
Matt MacDiarmid
signed on 17/01/2024, 09:49:56 GMT
Matt MacDiarmid (tr�stee)
Page 5
HOPE COMMUNITY CHURCH INDEPENDENT EXAMINER�S REPORT TO THE TRUSTEES OF HOPE COMMUNITY CHURCH
I report to the charit� tr�stees on m� e�amination of the acco�nts of the charit� for the �ear ended 30 September 2023, �hich are set o�t on pages 7 to 15.
Responsibilities and basis of report
As the charit��s tr�stees �o� are responsible for the preparation of the acco�nts in accordance �ith the req�irements of the Charities Act 2011 (�the Act�).
I report in respect of m� e�amination of the charit��s acco�nts carried o�t �nder section 145 of the Act and in carr�ing o�t m� e�amination I ha�e follo�ed all the applicable Directions gi�en b� the Charit� Commission �nder section 145(5)(b) of the Act.
Independent e�aminer�s statement
I ha�e completed m� e�amination. I confirm that no material matters ha�e come to m� attention in connection �ith the e�amination gi�ing me ca�se to belie�e that in an� material respect:
-
acco�nting records �ere not kept in respect of the charit� as req�ired b� section 130 of the Act; or 2. the acco�nts do not accord �ith those records; or
-
the acco�nts do not compl� �ith the applicable req�irements concerning the form and content of acco�nts set o�t in the Charities (Acco�nts and Reports) Reg�lations 2008 other than an� req�irement that the acco�nts gi�e a �tr�e and fair �ie�� �hich is not a matter considered as part of an independent e�amination.
I ha�e no concerns and ha�e come across no other matters in connection �ith the e�amination to �hich attention sho�ld be dra�n in this report in order to enable a proper �nderstanding of the acco�nts to be reached.
signed on 18/01/2024, 10:18:59 GMT
Mrs L G Parkes FCA FCCA (Independent E�aminer) The Ro�le�s Partnership Limited Charn�ood Ho�se Harco�rt Wa� Meridian B�siness Park Leicester LE19 1WP
Date: 16 Jan�ar� 2024
Page 6
HOPE COMMUNITY CHURCH
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2023
| NOTE | **UNRESTRICTED ** | RESTRICTED | TOTAL | TOTAL | |
|---|---|---|---|---|---|
| FUNDS | FUNDS | 2023 | 2022 | ||
| � | � | � | |||
| Income from: | |||||
| Donations & grants, inc Gift Aid | 2 | 176,227 | 13,246 | 189,473 | 169,755 |
| In�estment income | 2 | 870 | - | 870 | 44 |
| ���� | ���� | ���� | ���� | ||
| Total Incoming resources | 177,097 | 13,246 | 190,343 | 169,799 | |
| ���� | ���� | ���� | ���� | ||
| E�penditure on: | |||||
| Charitable e�penditure | |||||
| Cost of acti�ities in | |||||
| f�rtherence of the charit�'s objects | |||||
| Donations pa�able | 3 | 25,197 | 1,193 | 26,390 | 35,381 |
| Charitable e�pendit�re | 4 | 29,289 | 2,290 | 31,579 | 26,140 |
| Go�ernance and s�pport costs | 5 | 30,126 | - | 30,126 | 29,737 |
| Staff and ministr� costs | 6 | 82,170 | 29,577 | 111,747 | 89,396 |
| ���� | ���� | ���� | ���� | ||
| Total resources e�pended | 166,782 | 33,060 | 199,842 | 180,655 | |
| ���� | ���� | ���� | ���� | ||
| Net income/(e�penditure) | 10,315 | (19,814) | (9,499) | (10,856) | |
| Transfers bet�een f�nds | 10 | (29,526) | 29,526 | - | - |
| ���� | ���� | ���� | ���� | ||
| Net movement in funds | (19,211) | 9,712 | (9,499) | (10,856) | |
| Funds brought forward | 791,706 | 6,094 | 797,800 | 808,656 | |
| ���� | ���� | ���� | ���� | ||
| Funds carried forward | 772,495 | 15,806 | 788,301 | 797,800 | |
| ������ | ������ | ������ | ������ |
All income and e�pendit�re deri�e from contin�ing acti�ities.
The statement of financial acti�ities incl�des all gains and losses recognised d�ring the �ear.
Page 7
HOPE COMMUNITY CHURCH
BALANCE SHEET AS AT 30 SEPTEMBER 2023
| NOTE | 2023 | 2022 | |||
|---|---|---|---|---|---|
| � | � | � | � | ||
| Fi�ed assets | |||||
| Tangible assets | 7 | 628,517 | 644,622 | ||
| Current Assets | |||||
| Debtors | 8 | 7,374 | 7,383 | ||
| Cash at bank and in hand | 156,378 | 149,124 | |||
| ���� | ���� | ||||
| 163,752 | 156,507 | ||||
| Current liabilities | |||||
| Creditors falling d�e �ithin one �ear | 9 | 3,968 | 3,329 | ||
| ���� | ���� | ||||
| Net current assets | 159,784 | 153,178 | |||
| ���� | ���� | ||||
| Net assets | 788,301 | 797,800 | |||
| ������ | ������ | ||||
| Represented b�: | |||||
| Unrestricted Funds | 772,495 | 791,706 | |||
| Restricted Funds | 10 | 15,806 | 6,094 | ||
| ���� | ���� | ||||
| Total Funds | 788,301 | 797,800 | |||
| ������ | ������ |
Approved on behalf of the trustees on 16 Januar� 2024
Matt MacDiarmid
signed on 17/01/2024, 09:49:56 GMT Matt MacDiarmid (tr�stee)
Page 8
HOPE COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS � YEAR ENDED 30 SEPTEMBER 2023
1. Accounting Policies
1.1 Basis of preparation of financial statements
Hope Comm�nit� Ch�rch is an �nincorporated charit� registered in England and Wales. The address of the charit� is gi�en in the charit� information on page 1 of these financial statements.
The financial statements of the charit�, �hich is a p�blic benefit entit� as defined b� FRS 102, ha�e been prepared in accordance �ith the Charities SORP (FRS 102) �Acco�nting and Reporting b� Charities: Statement of Recommended Practice applicable to charities preparing their acco�nts in accordance �ith the Financial Reporting Standard applicable in the UK and Rep�blic of Ireland iss�ed in October 2019, the Financial Reporting Standard 102 �The Financial Reporting Standard applicable in the UK and Rep�blic of Ireland�, the Charities Act 2011 and UK Generall� Accepted Acco�nting Practice.
The financial statements are prepared on a going concern basis �nder the historical cost con�ention, modified to incl�de certain items at fair �al�e. The financial statements are presented in sterling �hich is the f�nctional c�rrenc� of the charit� and ro�nded to the nearest �.
The significant acco�nting policies applied in the preparation of these financial statements are set o�t belo�. These policies ha�e been consistentl� applied to all �ears presented �nless other�ise stated.
1.2 Funds structure
Certain income is gi�en for specific p�rposes. These f�nds are sho�n as restricted f�nds. As the mone� is spent, like�ise the cost �ill also be sho�n �nder restricted f�nds. Monies gi�en for restricted p�rposes primaril� relate to gifts to�ards the HUB, mission, hardship and the CAP centre. Other f�nds gi�en to f�rther the charitable objects generall� are classed as �nrestricted f�nds. These ma� also incl�de designated f�nds �here the tr�stees, at their discretion, ha�e created a f�nd for a specific p�rpose.
1.3 Incoming resources
All incoming reso�rces are recognised once the charit� has entitlement to the reso�rces, it is certain that reso�rces �ill be recei�ed and the monetar� �al�e of incoming reso�rces can be meas�red �ith s�fficient reliabilit�.
1.4 Gift Aid
Incoming reso�rces from ta� reclaims are incl�ded in the SOFA at the same time as the gift to �hich the� relate.
Page 9
HOPE COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS � YEAR ENDED 30 SEPTEMBER 2023 CONTINUED
1 Accounting policies continued
1.5 Resources e�pended
Liabilities are recognised as soon as there is a legal or constr�cti�e obligation committing the charit� to pa� o�t reso�rces. All e�pendit�re is acco�nted for on an accr�als basis and has been classified �nder headings that aggregate all costs relating to the categor�.
1.6 Irrecoverable VAT
E�pendit�re incl�des an� VAT that cannot be f�ll� reco�ered and is reported as part of the e�pendit�re to �hich it relates.
1.7 Allocation of overheads and support costs
O�erhead and s�pport costs ha�e been allocated first bet�een charitable acti�it� and go�ernance. The apportionment is based �pon the tr�stees� estimation of administrati�e acti�ities �ers�s the charitable acti�ities themsel�es.
1.8 Charitable Activities
Charitable acti�ities incl�de e�pendit�re inc�rred b� the charit� in the deli�er� of its acti�ities, incl�ding grants made, gifts and donations to indi�id�als and instit�tions and apportionment of o�erhead and s�pport costs.
1.9 Governance costs
Go�ernance costs incl�de those costs associated �ith meeting the constit�tional and stat�tor� req�irements of the charit� and incl�de acco�ntanc� and e�amination fees.
1.10 Tangible fi�ed assets and depreciation
Tangible fi�ed assets are stated at cost less depreciation. Depreciation is pro�ided at rates calc�lated to �rite off the cost of each asset o�er its e�pected �sef�l life on a straight line basis, as follo�s:
Freehold b�ildings o�er 50 �rs Fi�t�res, fittings and eq�ipment 2 to 5 �rs
1.11 Debtors and creditors
Debtors and creditors �ith no stated interest rate are recorded at transaction price. An� losses arising from impairment are recognised in e�pendit�re.
1.12 Cash and cash equivalents
Cash and cash eq�i�alents comprise cash in hand and cash on deposit.
1.13 Going concern
The financial statements ha�e been prepared on a going concern basis as the tr�stees belie�e that no material �ncertainties e�ist. The tr�stees ha�e considered the le�el of f�nds held and the e�pected le�el of income and e�pendit�re for 12 months from a�thorising these financial statements. The b�dgeted income and e�pendit�re is s�fficient �ith the le�el of reser�es for the charit� to be able to contin�e as a going concern.
Page 10
HOPE COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS � YEAR ENDED 30 SEPTEMBER 2023 CONTINUED
2 Incoming Resources
| Unrestricted | Restricted | 2023 | Unrestricted | Restricted | 2022 | ||
|---|---|---|---|---|---|---|---|
| Fund | Fund | Fund | Fund | ||||
| � | � | � | � | � | � | ||
| Donations Received: Reg�lar Gi�ing - Gift Aid Reg�lar Gi�ing - Non Gift Aid Special Donation - Gift Aid |
147,731 10,703 2,231 |
12,618 628 - |
160,349 11,331 2,231 |
126,872 6,045 6,724 |
3,731 2,145 - |
130,602 8,190 6,724 |
|
| Special Donation - Non Gift Aid | 755 | - | 755 | 5,080 | - | 5,080 | |
| Other Donations | 2,929 | - | 2,929 | 6,990 | - | 6,990 | |
| Other Income: | |||||||
| Miscellaneo�s Income | 6,378 | - | 6,378 | 7,600 | - | 7,600 | |
| Grants | 5,500 | - | 5,500 | 4,568 | - | 4,568 | |
| ���� 176,227 ������ |
���� 13,246 ������ |
���� 189,473 ������ |
���� 163,880 ������ |
���� 5,876 ������ |
���� 169,755 ������ |
||
| Investment Income: | |||||||
| Bank Interest | 870 | - | 870 | 44 | - | 44 | |
| ���� | ���� | ���� | ���� | ���� | ���� | ||
| 870 | - | 870 | 44 | - | 44 | ||
| ������ | ������ | ������ | ������ | ������ | ������ | ||
| 3 | Donations pa�able | ||||||
| The follo�ing donations �ere made d�ring the �ear: | |||||||
| Unrestricted | Restricted | 2023 | Unrestricted | Restricted | 2022 | ||
| Fund | Fund | Fund | Fund | ||||
| � | � | � | � | � | � | ||
| Mission and welfare organisations: Friths Hames |
9,600 2,255 |
- - |
9,600 2,255 |
9,045 2,460 |
- - |
9,045 2,460 |
|
| Jakin | 1,040 | - | 1,040 | 1,040 | - | 1,040 | |
| St Stephen's Societ� | - | - | - | 3,225 | - | 3,225 | |
| CAP - Contrib�tion to Head Office Other |
3,600 5,882 ���� |
330 803 ���� |
3,930 6,685 ���� |
4,580 10,561 ���� |
218 1,422 ���� |
4,798 11,983 ���� |
|
| 22,377 | 1,133 | 23,510 | 30,910 | 1,641 | 32,551 | ||
| Donations to indi�id�als | 2,820 | 60 | 2,880 | 2,830 | - | 2,830 | |
| ���� | ���� | ���� | ���� | ���� | ���� | ||
| 25,197 | 1,193 | 26,390 | 33,740 | 1,641 | 35,381 | ||
| ������ | ������ | ������ | ������ | ������ | ������ |
NOTES TO THE FINANCIAL STATEMENTS � YEAR ENDED 30 SEPTEMBER 2023 CONTINUED
Page 11
HOPE COMMUNITY CHURCH
4 Charitable e�penditure
| 4 | Charitable e�penditure | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | 2023 | Unrestricted | Restricted | 2022 | ||
| Fund | Fund | Fund | Fund | ||||
| � | � | � | � | � | � | ||
| Repairs and rene�als | 2,054 | - | 2,054 | 981 | - | 981 | |
| Propert� r�nning costs | 15,762 | 15,762 | 15,133 | - | 15,133 | ||
| Ins�rance | 4,462 | - | 4,462 | 4,095 | - | 4,095 | |
| Telephone | 1,833 | - | 1,833 | 2,063 | - | 2,063 | |
| Comp�ter e�penses | 573 | - | 573 | 55 | - | 55 | |
| H�b e�penses | - | 2,290 | 2,290 | - | 1,015 | 1,015 | |
| Miscellaneo�s e�penses | 4,605 | - | 4,605 | 2,799 | - | 2,799 | |
| ���� | ���� | ���� | ���� | ���� | ���� | ||
| 29,289 | 2,290 | 31,579 | 25,126 | 1,015 | 26,140 | ||
| ������ | ������ | ������ | ������ | ������ | ������ | ||
| 5 | Governance and support costs | ||||||
| Charitable | Governance | 2023 | Charitable | Governance | 2022 | ||
| Activit� | Activit� | ||||||
| � | � | � | � | � | � | ||
| Depreciation to freehold propert� | 23,132 | - | 23,132 | 23,132 | - | 23,132 | |
| Depreciation to fi�t�res and fittings | 2,473 | - | 2,473 | 1,904 | - | 1,904 | |
| Cons�ltants and professional fees | 1,004 | - | 1,004 | 745 | - | 745 | |
| Independent e�aminers fees: | |||||||
| E�amination of acco�nts | 1,614 | - | 1,614 | 864 | - | 864 | |
| Postage, stationer� and s�ndries | 1,903 | - | 1,903 | 3,092 | - | 3,092 | |
| ���� | ���� | ���� | ���� | ���� | ���� | ||
| 30,126 | - | 30,126 | 29,737 | - | 29,737 | ||
| ������ | ������ | ������ | ������ | ������ | ������ | ||
| 6 | Staff and ministr� costs | ||||||
| Unrestricted | Restricted | 2023 | Unrestricted | Restricted | 2022 | ||
| Fund | Fund | Fund | Fund | ||||
| � | � | � | � | � | � | ||
| Salaries, NI and e�penses | 75,561 | 29,577 | 105,138 | 56,848 | 26,408 | 83,256 | |
| Training and team e�penses | 675 | - | 675 | 1,169 | - | 1,169 | |
| Yo�th ministries | 1,404 | - | 1,404 | 1,052 | - | 1,052 | |
| O�treach Worship and so�nd eq�ipment Preaching fees and ministr� e�penses |
2,587 1,443 500 |
- - - |
2,587 1,443 500 |
1,398 2,302 220 |
- - - |
1,398 2,302 220 |
|
| ���� 82,170 ������ |
���� 29,577 ������ |
���� 111,747 ������ |
���� 62,988 ������ |
���� 26,408 ������ |
���� 89,396 ������ |
Page 12
HOPE COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS � YEAR ENDED 30 SEPTEMBER 2023 CONTINUED
| 7 | Tangible assets | Fi�tures | ||
|---|---|---|---|---|
| Freehold | Fittings | |||
| Land and | and | |||
| buildings | equipment | Total | ||
| � | � | � | ||
| Cost | ||||
| At 1 October 2022 | 1,156,581 | 70,953 | 1,227,534 | |
| Additions | - | 9,500 | 9,500 | |
| ���� | ���� | ���� | ||
| At 30 September 2023 | 1,156,581 | 80,453 | 1,237,034 | |
| ������ | ������ | ������ | ||
| Depreciation | ||||
| At 1 October 2022 | 519,576 | 63,336 | 582,912 | |
| Charge for the �ear | 23,132 | 2,473 | 25,605 | |
| ���� | ���� | ���� | ||
| At 30 September 2023 | 542,708 | 65,809 | 608,517 | |
| ������ | ������ | ������ | ||
| Net book value | ||||
| At 30 September 2023 | 613,873 | 14,644 | 628,517 | |
| ������ | ������ | ������ | ||
| At 30 September 2022 | 637,005 | 7,617 | 644,622 | |
| ������ | ������ | ������ |
On 22nd October 2019 official c�stodian of the Ch�rch's freehold propert� �as transferred b� the tr�stees from named indi�id�als to the to 'The Charit� Commission of England and Wales�. This is a stat�tor� holding �nder Section 21 and Sched�le 2 of the '2011 Charities Act'
8 Debtors
| 2023 | 2022 | |
|---|---|---|
| � | � | |
| Gift Aid reco�erable | 7,374 | 7,383 |
| ���� | ���� | |
| 7,374 | 7,383 | |
| ������ | ������ |
9 Creditors falling due within one �ear
| Creditors falling due within one �ear | ||
|---|---|---|
| 2023 | 2022 | |
| � | � | |
| Trade creditors | 1 | 992 |
| Other creditors | 2,736 | 1,076 |
| Ta� and social sec�rit� | 1,231 | 1,261 |
| ���� | ���� | |
| 3,968 | 3,329 | |
| ������ | ������ |
Barcla�s Bank plc holds a charge sec�red on the Ch�rch's freehold propert�.
Page 13
HOPE COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS � YEAR ENDED 30 SEPTEMBER 2023 CONTINUED
10 Movements on restricted funds
----- Start of picture text -----
Fire
Hub CAP Hardship Gentleman Total
� � � � �
----- End of picture text -----
| 10 Movements on restricted funds |
Hub � |
CAP � |
Hardship � |
Fire Gentleman � |
Total � |
|---|---|---|---|---|---|
| At 1 October 2022 | 2,471 | 350 | 2,903 | 370 | 6,094 |
| Incoming reso�rces | 12,377 | 869 | - | - | 13,246 |
| Reso�rces e�pended | (20,006) | (12,191) | (803) | (60) | (33,060) |
| Transfer from general f�nd | 17,716 | 11,810 | - | - | 29,526 |
| ���� | ���� | ���� | ���� | ���� | |
| At 30 September 2023 | 12,558 | 838 | 2,100 | 310 | 15,806 |
| ������ | ������ | ������ | ������ | ������ |
Transfer from the general f�nd is for the salar� costs inc�rred b� restricted acti�ities of the charit� �ith the cost being met b� the ch�rch.
----- Start of picture text -----
Fire
Hub CAP Hardship Gentleman Total
� � � � �
----- End of picture text -----
| � | � | � | � | � | |
|---|---|---|---|---|---|
| At 1 October 2021 | 1,649 | 25 | 1,200 | - | 2,874 |
| Incoming reso�rces | 1,837 | 544 | 3,125 | 370 | 5,876 |
| Reso�rces e�pended | (16,860) | (10,782) | (1,422) | - | (29,064) |
| Transfer to general f�nd | 15,845 | 10,563 | - | - | 26,408 |
| ���� | ���� | ���� | ���� | ���� | |
| At 30 September 2022 | 2,471 | 350 | 2,903 | 370 | 6,094 |
| ������ | ������ | ������ | ������ | ������ |
11 Anal�sis of net assets between funds
| **Unrestricted ** | Restricted | 2023 | **Unrestricted ** | Restricted | 2022 | |
|---|---|---|---|---|---|---|
| � | � | � | � | � | � | |
| Cash | 140,572 | 15,806 | 156,378 | 143,030 | 6,094 | 149,124 |
| Other assets | 631,923 | - | 631,923 | 648,676 | - | 648,676 |
| ���� | ���� | ���� | ���� | ���� | ���� | |
| 772,495 | 15,806 | 788,301 | 791,706 | 6,094 | 797,800 | |
| ������ | ������ | ������ | ������ | ������ | ������ |
Page 14
HOPE COMMUNITY CHURCH
NOTES TO THE FINANCIAL STATEMENTS � YEAR ENDED 30 SEPTEMBER 2023 CONTINUED
12 Trustees' and staff salaries and e�penses
| Unrestricted | Restricted | 2023 | 2022 | |
|---|---|---|---|---|
| Fund | Fund | |||
| � | � | � | � | |
| The ch�rch had paid rem�neration to staff as follo�s: | ||||
| MJ MacDiarmid (Tr�stee) | 33,934 | 33,934 | 32,444 | |
| Other Emplo�ees | 36,478 | 27,985 | 64,463 | 45,282 |
| Pension costs | 3,930 | 1,541 | 5,471 | 4,139 |
| E�penses | 144 | 51 | 195 | 168 |
| ���� | ���� | ���� | ���� | |
| 74,486 | 29,577 | 104,063 | 82,033 | |
| Emplo�er's national ins�rance | 1,075 | - | 1,075 | 1,223 |
| ���� | ���� | ���� | ���� | |
| 75,561 | 29,577 | 105,138 | 83,256 | |
| ������ | ������ | ������ | ������ |
The amo�nt paid to MJ MacDiarmid �as for ministr� s�pport, not in connection �ith his tr�stee responsibilities. This amo�nt is paid in accordance �ith the charit�'s go�erning doc�ment. No amo�nt �as paid to an� tr�stee for the ser�ices of being a tr�stee.
The abo�e e�penses incl�de tra�el costs of �39 repaid to 1 tr�stee.
The a�erage n�mber of f�ll time emplo�ees d�ring the �ear �ere: Charitable acti�ities
7 5 ������ ������
There are no emplo�ees �ho recei�ed total emplo�ee benefits (e�cl�ding emplo�er pension costs) of more than �60,000.
13 Christians Against Povert� E�penses Summar�
The follo�ing e�penses are incl�ded in the acco�nts �nder the appropriate headings and are s�mmarised here to sho� a total cost for the CAP centre.
| Unrestricted | Restricted | 2023 | Unrestricted | Restricted | 2022 | ||
|---|---|---|---|---|---|---|---|
| Fund | Funds | Fund | Funds | ||||
| � | � | � | � | � | � | ||
| Staff costs | - | 11,810 | 11,810 | 155 | 10,563 | 10,718 | |
| Tra�el e�penses | - | 51 | 51 | 101 | - | 101 | |
| Telephone | - | 59 | 59 | 106 | - | 106 | |
| Contrib�tion to head office | 3,600 | - | 3,600 | 4,449 | - | 4,449 | |
| Miscellaneo�s e�penses | - | 194 | 194 | 29 | - | 29 | |
| Gifts to indi�id�als | - | 77 | 77 | 101 | 219 | 321 | |
| ���� | ���� | ���� | ���� | ���� | ���� | ||
| * | 3,600 | 12,191 | 15,791 | 4,942 | 10,782 | 15,724 | |
| ������ | ������ | ������ | ������ | ������ | ������ |
- Unrestricted CAP e�pendit�re is incl�ded in e�pendit�re noted in note 3 and 6.
14 Related Part� Disclosures
D�ring the �ear donations �ere recei�ed from tr�stees totalling �23,860 (2022: �21,734).
Page 15