CHARITY NUMBER: 1082083
HOUSE OF HOPE CALVARY CHRISTIAN CENTRE
TRUSTEES, ANNUAL REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

HOUSE OF HOPE CALVARY CHRISTIAN CENTRE
TRUSTEES, ANNUAL REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
CONTENTS
Pages
Trustees, Annual Report
24
Independent Examiner's Report
Re￿iptS and Payment Accounts
Statement of Assets and Liabilities
Notes to the Financial Statements

HOUSE OF HOPE CALVARY CHRISTIAN CENTRE
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2024
REFERENCE AND ADMINISTRATION DETAILS:
CHARITY NAME:
House of Hope Calvary Christian Centre
REGISTERED CHARITY NO: 1082083
TRUSTEES:
Rev Olufemi Oyewusi Babatola {Chair)
Christiana Adanri
Temitope Awolaja
Taiyelolu Oyinloia
Oyedeji Ishola
CHURCH TREASURER:
Mrs C.0. Adanri
PRINCIPAL ADDRESS:
56 Hathille Road
Plumstead
London
SE18 1DQ
BANKERS:
Barclays Bank PLC
INDEPENDENT EXAMINER: Chaweevan Williams FCCA
Chartered Certified Accountant
Verdant Accountants Ltd
20-22 Wenlock road
London
N17GU
STRUCTURE. GOVERNANCEAND MANAGEMENT
The Charitable Organisation was registered on 18 August 2000 and is govemed by Constitution.

HOUSE OF HOPE CALVARY CHRISTIAN CENTRE
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 MARCH 2024 (continued)
The Church Trustees present their annual report and the accounts for the period 12 months from 01
April 2023 to 31 Mar 2024.
OBJECTIVES AND ACTIVITIES
OBJECTIVES
The objective of this charity is to advance the Christian Faith for the benefit of the public by the
pronouncement of the gospel of Jesus Christ and the provision of religion services to the public in
accordan￿ with the statements of belief of the House of Hope Calvary Chnstian Centre.
PRINCIPAL ACTIVITIES
The church operated as a Charitable Organisation offering religious seminars and administration in
the period under review.
The Church is govemed by the Board of Trustees that is responsible for policies, strategies, activities
and Setting out the administrative structure for running the Chanty.
The Trustees continued to meet during the year to work on the strategy for the church and review
outstanding policies and procedures The project plan already developed to list projects and priontise
with defined timescales and budgets continued to be reviewed dunng the year. It is worthy to note that
capital projects worth over £100K especially in relation to the church building continued to be
progressed from the previous year and major works on the church have now been completed with just
a few left on track to be completed in 2024-25.
The Spiritual focus of the church has been based on a 4-stage rndel which the Lord gave to us.
The stages are '.
Growth
Consolidation I strengthening I structure (putting things in place to sustain the healthy growth)
Maturity (Spiritually and Emotionally)
Release (Sending people on missions and other release)
We are currenuy in between stages 2 and 3 to promote healthy and sustainable growth.
Various seNices are now held in a hybrid model encompassing both physical attendance and online
on Zoom, with worshippers joining from far and near. The online facility has facilitsted more
convenient meetings and have also fostered the flourishing of the activities of the various
departments of the church.
As we continue to live St￿arn our Se￿iceS and want to reach out more to our community, we are
forging ahead with the necessary investments and upgrades to our audio-visual systems which has
continued to help us to move nearer to achieving this goal.
The Church has taken time to write several policies and procedures so as to ensure that we abide by
all relevant governance and best practi￿, these policies include lone working, Health & Safety, Fire,
Safeguarding and other policies and pr0￿dUreS.
We have been working on risk-assessments as required by legislats.on and now have them all in
place. We have also been working towards full GDPR compliance and have removed all items that
could cause a breach.
Totsl Income for the year ended 31° March 2024 amounted to £70,428 which is £25,044 (260/0) lower
than the period the previous year @ £95.472. This is mainly because of a backlog of gift aid claims for
three years {2019-20 to 2021_22) which came through last year. We 2rÉ now on track with our gift aid
claims which is now evident in the claim for 2022-23 evident in the 2023-24 accounts.

Total Expenditure for year ended 31, March 2024 amounted to £159,424 which is £102,256 {1790/,)
higher than the period the previous year @ £57,168. This is because of the increase on fixed assets
mainly the works on the church building mentioned above
As at 31 March 2024. there was no investment held by the church and the total bank balan￿S and
cash in hand amounted to £130,850 which is £88,896 lower than the previous period @ £219,846
whilst the total fixed assets arnounted to £1,293,284 which is £88.769 higher than previous period @
£1,204,515.
The cash resources of the church were prudently and effectively managed during the year under
réview and the church has continued to be debt free.
Reserves
The Board of Trustees considers that there are sufficient reserves held at year end to mitigate any
downturn in future income_ The total unrestricted reserves at year end is £130,850 which is a
decrease of £88,896 from previous period (£219:8461.
Trustees also consider that the charity has adequate resources to continue in operation for the
foreseeable future
The church is marching on...........
TRUSTEES, RESPONSIBILITIES
The Trustees are responsible for preparing the Trustees Report and Financial Statements in
accordance with applicable law and regulations.
In prepanng these financial statements, the trustees are required to:
a) select suitable accounting policies and then apply them consistenuy.,
bl observe the methods and principles in the Charities SORP.
c} make judgements and accounting estimates that are reasonable and prudent.,
dl state whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial ststements- and
el prepare the financial statements on the going concem basis unless it is inappropriate to
presume that the Church will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose, vnth reasonable
accuracy at any time, the financial position of the Charity and which it ensure that the financial
statements comply with the Charities Acts 2011. 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
11 J,.

INDEPENDENT EXAMINER'S REPORT
Independent Examiner's Report to the trustees of The House of Hope Calvary Christian Centre
Charity no. 1082083.
I report to the trustees on my examination of the accounts of the above chanty for the year ended 31
March 2024.
Responsibilities and basis of report
The charity's trustees are responsible for the preparation of the accounts in accordance with the
requirements of the CharitiesAct 2011 ('the Act'>.
I report in respect of my examination of the above charity's accounts carried out uncler section 145 of
the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by
the Charity Commission under section 145151{b) of the Act.
Independent examiner's statement
(1)
I have completed my examinaticn. I confirm that no material matters have come to my
attents'on which in connection with the examination which gives me cause to believe that in, any
material respect..
the accounting records were not kept in accordance with section 130 of the Charities
Act", or
the accounts do not accord with the accounting records.
(21
I have no concems and have come across no other matters in connection with the
examination to which attentson should be drawn In this report in order to enable a proper
understanding of the accounts to be reached.
Chaweevan Williams FCCA
Chartered Certified Accountsnt
VerdantAccountants Limited
20-22 Wenlock Road,
London N17GU
Date:
13 November 2024

HOUSE OF HOPE CALVARY CHRISTIAN CENTRE
RECEIPTS AND PAYMENTS ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
Total
Unrestricted
Funds
Year Ended
31 Mar 2024
Total
Unrestricted
Funds
Year Ended
31 Mar 2023
RECEIPTS
Donations
Gift Aid (Tax Refund)
Bank Interest
54,661
14,118
1,649
58,571
36,478
423
Total Receipts
70,428
95,472
PAYMENTS
Church activities:
Honorarium
Trave51ing Expenses
Printing, Postage & Telephone
Rent & Rate
Insurance
Gifts
Repairs & Maintenance
Professional Fees
Office Expenses
Light, Heat and Water
Tithe of Tithes
12.600
2,427
2.180
581
2.702
3.789
3,700
1,200
6,484
4,321
5.313
12,900
2,480
1,821
577
2,518
2,190
1,000
1,200
4,287
5.410
5,461
(45,297
1114,127)
139,843)
{17,325)
Purchase of Fixed Assets
Total Payments
1159,4241
(57,168)
Net Surplusl(Deficit) on Activities
188,996)
38,304
Cash funds last year blf
219,846
181,542
Cash fund this period clf
130,850
219,846
All funds in the year ended 31 March 2024 and 2023 are unrestricted.

HOUSE OF HOPE CALVARY CHRISTIAN CENTRE
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 31 MARCH 2024
TOTAL
As at 31 Mar 2024
TOTAL
As at 31 Mar 2023
Notes
Cash Funds
Current Account
7,294
12,485
Saving Account
123,558
207,361
Total Cash Funds
130,852
219,846
FIXED ASSETS
Building
Office Equipment
Musical Instruments, etc.
1,278,049
12,447
2,788
1,188,431
16,084
Totsl Fixed Assets
1.293,284
1,204.515
LIABILITIES
Sundry

HOUSE OF HOPE CALVARY CHRISTIAN CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES
Basis of accountin
The Financial Statements have been prepared under the histoncal cost convention and
in accordance with applicable accounting stsndards and the requirements of the Charities Act 2011
using the Receipts and Payments basis.
Cash Flow
The accounts do not include a Cash Flow Ststement because the organisation as a
small reporting entity is exempt from the requirement to prepare such statement
under the Financial Reporting Stsndard 1£ashFlow Standard.
Tan
ible Fixed Assets
Depreciation is provided on all tangible fixed assets at rates calculated to write off the
differen￿ belNrfeen cost and it's expected residual value over its estimated usefijl life as follows..
Office equipment
Fixtures, Fumiture & Fittings
Musical Equipment
Motor Vehicle
Building
-150/0 Straight Line
-10 % Straight Line
-15°/0 Straight Line
-15 % Straight Line
50A Straight Line
2 FUNDS
All funds in the period are Unrestncted and 2020.
3. COLLECTION & VOLUNTARY OFFERINGS
Collection from tithes, and voluntary offenng accounted for the whole of Total Income.
4. TAX RECLAIM (GIFf AID)
£14,118 Gift Aid Tax has been claimed in the year under review {2023 £36,478).
6. SURPLUSI(DEFICIT) OF INCOME OVER EXPENDITURE
The accounting year ended 31 March 2024, expenditure exceeded income by £88,996 (2023 Surplus
£38,304).
No Depreciation charge included in year ended 31 March 2024 & 2023 as the Church accounts using
Receipts & Payment Basis.

HOUSE OF HOPE CALVARY CHRISTIAN CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 (continued)
7. GOING CONCERN
All the Charity's operations are classed as continuing.
8. FIXED ASSETS
Furniture
Office
Musical
Equipment Equipment Total
Cost
Building Fittings
Balance At 01-04-2023
Acquisitions
Disposalslwrite Offs
1,255.109 4.111
110,850
24,330
1.283,550
114,127
3,277
Balance At 31-03-2024
1,365,959 4,111 24,330
3.277
1,397,677
Accumulated Depreciation
Balance At 01-04-2023
Disposalslwrite Offs
Charge for the year
66,678
4.111
8,246
79,035
21.232
3.637
489
25,358
Balance At 31-03-2024
87,910
11.883
104,393
Net Book Value At 31￿3-2024 1,278,049
12,447 2,788
1.293,284
Net Book Value At 31-03-2023 1,188,431
16,084
1,204,515