Charlty Reglstratlon No. 1105214 Company Reglstratlon No. 5178040 {England and Wales Hemel Hempstead Community Church Trustees, Report ondAccounts st For the Year Ended 31 March 2024
Hemel Hempstead Community Church Legal and Administrative Information Trustees Mr D J Young Mr CJ Bennett MrRJTate Mr J A Noble Mr R Winski Mrs B Downing (appointed 02107123 - resigned 26111/24) Treasurer Mr D Shaw Secretary Mr J A Noble Charity Number 1105214 Company Number 5178040 Principal Address 63 Shearwater Road Hemel Hempstead Hertfordshire HP3 OGB Reporting Accountants HB Accountants Plumpton House Plumpton Road Hoddesdon Hertfordshire ENII OLB Bankers Metro Bank One Southampton Row London WCIB SHA
Hemel Hempstead Community Church Trustees, Report and Accounts Contents Page Trustees, Report Statement of Trustees, Responsibilities Independent Examiner'5 Report Statement of Financial Activltles 10-11 Balance Sheet 12 Notes to the Accounts 13-20
Hemel Hempstead Community Church Trustees, Reportfor the year ended 31 March 2024 st The trustee5 present their Report and Accounts for the year ended 31st March 2024. The accounts have been prepared in accordance with the accounting policies set out in Note I to the accounts and comply with the charitV'5 Trust Deed, applicable law and the requirements of The Charities Statement of Recommended Practice, 'Accounting and Reporting by Charities,, issued October 2019. The trustee5 also have due regard to guidance published by the Charity Commission on public benefit. Structure, Governance and Management Hemel Hempstead Community Church IHHCC) is a company limited by guarantee. Trustees The trustees who served during the year were: Mr D J Young Mr C J Bennett MrRJTate Mr J A Noble Mr R Winski Mrs B Downing lappolnted 02/07123- reslgned 26111124} Trustees are appointed and removed by the Board of Trustees as outlined in the charity's Artlcle5 of Association. Trustees are recruited from the established church membership to provide the wide range of expertise required to properly govern the charity's activities. The current size of the trustee group has been found to be sufficlent to serve the charity's present needs. The charity makes use of published material from the Charity Commission and other sources to inform trustees about thelr responslbilities and assist them with their work. Management Resi)oiisibilily fui HHCC'S IL)<idership fa115 broadly into two areas: legal, fiiiaricial, liealtli and safety, and other similar aspects that are malnly the responsibi lity of the trustee5, and spiritua l and pastoral matters and activities that are overseen by the Leadership Team. The day-to-day management of HHCC'S norrnal activities is undertaken by the Lead Pastors and other Leaders, who meet informally on a regular basis. Members heading up various aspects of HHCC'S ministry report directly to the Lead Pastors. Harvest Alliance UK HHCC is an active member of Harvest Alliance UK IHAUK}, which is itself part of Harvest Alliance's global family of churches and mi nistries.
Hemel Hempstead Community Church Trustees, Reportfor the year ended 31 March 2024 st HHCC Highlights Over the summer we enjoyed 'Church in the Park, over three Sundays in July and August. Our main service was relocated to Gadebridge Park incorporating worship, testimonv, prayer, communlon, picnic lunches and games. All ages enjoyed these open-air meetings in this beautiful community space, We also had the privilege of helping facilitate the Love Hemel prayer walk. The vision is to gather Christians from different churches across the town to prayer walk every street in Hemel Hempstead. It was a delight to see support for this prayer initiative continue to grow aided by a new website and the use of social media. The main walk took place on the 151 Julv with participants gathering in Gadebridge Park for a time of worship and prayer before dispersing to prayer walk the streets. There were 75 people from 16 dlfferent churches prayer walking the town enabling us to prayer walk 750 streets all at the same time. The remaining streets were covered by Individuals, prayer walks In July. In November a team of seven people from HHCC, led by David and Carollne Youngi were able to visit Derek and Penny Oliver and the Route 61 {Internationall {Route 61) local team in Kenya. Thi5 was the first HHCC trip to Kenya since the pandemic. It was a great Joy to spend time with the Route 61 team and vlsit thelr new office base In Kisumu. The team were able to learn about the development of Route 61's work within government Instltutlons and the wider community. By invitation the team were able to visit three juvenile justice institutions to see first hand how Services are dellvered in these settings and learn about the day-to-day challenges the team face. For our Christmas Service we had the joy of holdlng a Joint service with Hemel Vineyard Church at Warners End Community Centre. It wa5 $0 good to work together on all aspects of the service and share thi5 special celebration of the birth of Christ with another church. The service was well attended with many visitors of all age5 enjoylng this specia I time. Leaders from HHCC and the wider church continue to enjoy the benefits of being part of HAUK. Leaders were able to attend the Autumn conference at Oasis Church, Colliers Wood, London in October and the leaders, gathering in Hemel Hempstead, In March. The HAUK Southeast Flub met regularly during the year with 14HCC hosting this regional l oaders, meeting in November. Alongside this a regular prograirme of UK Leaders, Zoom meetings and other National and Global Zoom meetings continued throughout the year. In March HHCC enjoyed another short visit from Pastor Yohan, New Horizons Christian Fellowship {NHCFI Vellore, India, who was also able to join us at the HAUK leaders, gathering in Hemel Hempstead.
Hemel Hempstead Community Church Trustees, Reportfor the year ended 31 March 2024 st Objectives and Activities l. Advancing the Christian Faith HHCC is a family of believers who seek to demonstrate the transforming love of Jesus Chrlst through word and action in Hemel Hempstead, the UK, and through its connections around the world. The main focus of the church's work is directed towards achieving this objective. Durlng the year the main activities of the church consisted of the following.. Sunday Morning Service - comprising worship, blble-based teachin8, prayer and communion wlth a time for fellowship over refreshments served before and after the service Llfe Groups- small groups meeting in-person during the week where members support and encourage one another and grow in faith. These groups include worship, prayer and bible study. Men's Group - Afflllated to Chrlstlan Vlslon for Men (CVMI, provlding leadershlp and support for a men's meeting on Monday nights attended by HHCC members and others from different churches and the wider community. Prayer- monthly prayer guide and focus with twice-monthly Zoom prayer meetings. Glfts- HHCC made gifts from both general funds and special offerings in support of other charities and indlviduals in the United Kingdom and overseas, These included grants to HAUK, Charity No.1123185, to support its work in advanclng the Christian faith in the UK,, and Youth Across Hemel, Charlty No.1179672, to support its expandlng work in local secondary schools; and Christian Recourse5 for Primary Schools Trust, Charity No.1053115, to support the provision of bible5 to students i n local primary schools regular fundin8 to support the salaries of the NHCF church pastors in Vellore, India and Damak, Nepal. 2. The Relief of Poverty HHCC continued to support the Debt ce.ntre and other services provided by Christians Against Poverty ICAPI in Hemel Hempstead by Llberty Tea Rooms and Community Hub {LTR&CHI, Charity No.1077335. David Young was an active member of the LTR&CH CAP Church Partnership Team. One member served a5 a Debt Coach, two members served as Money Coaches and others as CAP client befrienders. HHCC and individual members gifted funds to NHCF India to support the employment of a teacher at a school in Chittoor, with the aim of improving future employment opportunities, and the running of a dairy farm, HHCC and individual members gifted funds to Route 61 , Charity No. 1189501, to support its work in Kenya with children in the juvenilejustice system. HHCC gifted funds to Cornergate Foundation, Charity No. 11652641, for its work with prisoners and ex-offenders.
Hemel Hempstead Community Church Trustees, ReportAor the year ended 31 March 2024 st 3. The Advancement of Education accordlng to Christlan prlnclples No activity reported during this year. 4. Provislon of Communlty Facilittes HHCC continued to Eift funds to LTR&CH to support its running of the CAP Debt Centre and provision of other CAP services in Hernel Hempstead. HHCC gifted funds to Heart for Kids Iwww.heartforkids.org}, which is registered with the Australian Charitles and Not-for-Proflts Commission (ACNC) and holds Australian Business Number IABN) 77612163265, for the ongolng work of providing community facilities, such as safe water bore holes, in India. Achievements and Performance A summary of achievements is as follows: The Sunday morning service continued at the Hemel Hempstead Seventh Day Adventist Church with refreshments served both before and after the servlce providing a space for connection. A twice-monthly Prayer Zoom meeting provided a place for corporate prayer with a monthly Prayer Guide circulated to provide spiritual dSrectlon and a focus for prayer for the church and wider community, The Love Hemel prayer walk initlative continued during this period. This started with a launch service at Hemel Hempstead Methodist Church in May and culmlnated with the main prayer walk on the I, July when 75 people from 16 different churches prayer walked 750 streets across the town all at the same time. The remaining streets were prayer walked by Individuals during July. A prayer guide based on 'The Lord's Prayer, provided a corporate focus for prayer. HHCC continued its association with Samaritan's Purse Iwww.samaritans-purse.org.ukl and 33 shoeboxe5 were filled with toys, hygiene items and school supplies, and despatched for 'Operation Christmas Child, Some church members continued to use the online service to donate towards shoeboxes while others Jolned our shoebox packing lunch after our Sunday service on the 19111 November. Du i irig tlie ye¢ll H HCC coiitii)ue(I t() Support tlie work of l)acorum Street Pastors, {DSPI, Charity No. 1179935, with three church members serving as Street Pastors on weekend patrols in Hemel Hempstead town centre. David Young attended a monthly meeting of local church leaders facilitated by Churches Together in Hemel 14empstead. During the year, flve church members served as volunteers for Youth Across Hernel. This included running clubs and delivering RE lessons in local secondary schools and helping to run "The Mix" and other fun youth events for young people, such a5, kayaking and a bonfire partv. HHCC Leaders Derek and Penny Oliver continued to develop the work of Route 61 Iwww.route61.net), in Kenya with chi Idren i n the juvenile justice system and tl)ei r
Hemel Hempstead Community Church Trustees, Reportfor the year ended 31 March 2024 st families. HHCC Leaders David Young, Derek Oliver and Sarah Bennett served as trustees of Route 61, and HHCC provided regular financial support. HHCC continued to provide administrative support to Harvest Alliance. David Young served as a trustee of HAUK, he and Caroline Young served on the UK Core Team, and David Shaw served as treasurer. Caroline Young served as a trustee of Cornergate Foundation, which works with prisoners and ex-offenders helping them rehabilitate and resettle after release from prison. Regular financial support was made towards this valuable ongoing work in the communltv. A group from HHCC attended CVM'S "The Gathering" men's festival in June, which provSded a time of spiritual refreshment, encouragement, and fellowship. HHCC continued to provide practical and regular financial SLlPPOrt to LTR&CH in their ongoing work to deliver CAP and other Services in the local community. The work of the Debt Centre providing support to local people with unmanageable debt contlnued. One church member served as a Debt Coach, two others were involved in running CAP Money (budgeting and financial management) courses, and others as CAP client befrienders, In June, David and Caroline Young attended the CAP Unlted Conference in Peterborough which incorporated training for the new Money Course. HHCC hosted a CAP Sunday Service on the 10 December to highlight and celebrate the charity's work nationally and withln the local community, In September, a church member Jolned a team from Through Faith Missions on a week long mission organised together with four churches in Basingstoke. The church and team members conducted a door visitation programme to help understand the needs of local resident and publicised several public meeti ngs to advance the Christian faith. HH CC continued to provide regular f inancial support to NHCF in Vel lore, India. This finance was used to assist with funding a pastoral salary and the employment of a teacher and advocate to Company Village, Chlttoor, supporting families facing the challenge of re-location due to a government infrastructure project and the ongoing oversight of a Dairy Farm. HHCC supported NHCF in Damak, Nepal by assisting with fundlng the pastor's monthlv salary. Thls ensured the continued growth of, and pastoral and spiritual support for the church membership, and the spread of the Christian Gospel in the wider area, HHCC provided pastoral and Spiritual support to John Noble who continued his long association with Heart for Klds. John was part of a volunteer team which visited the mission partners in Northern India in April and May. The trip incliided visitq to c.hild Development (teaching) Centres and a Tailoring School, The team also visited villages to see and hear from local people how they were benefltting from the installation of safe water bores. John Noble continued to serve as a trustee of Chinese Church Support Ministries, Charity No. 327709,
Hemel Hempstead Community Church Trustees, Reportfor the year ended 31 March 2024 st Grant Making Policy HHCC Makes Erants to other charities and individuals that are working to achieve the same objective of making Jesus Christ known. Many grants are made to other charities working in the United Kingdom and abroad with similar airns to the church and a policy has been established of making regular grants from income received by the chur-h. Grants may also be gifts to visiting speakers. Additlona51y, grants are made to organisations within Hemel Hempstead that work with chlldren, young peoplp, the homeless and other needy groups. As part of HHCC'S mission to share the love of Jesus Christ in our local community, grants are made to needy people, both members and contacts from outside the church family. Slgnificant grants are made after the trustees have agreed on the amount and recipients. They may be made in response to a specific appeal or need of which HHCC'5 Leadership Team or members have become aware, Financial Review Income and Expendlture For the year ended 31" March 2024 total income was £168,762, which was £16,764 higher than the prevlous year. Expenditure was £158,148, which was an increase of £4,914 on the previous year. Thls resulted in a net surplus of £10,614, which is £11,850 better than the previous year. The trustees continue to monitor expenditure to rnalntain costs In line with general Income. Reserves Pollcy The Charity's reserves policy Is that unrestrlcted funds (fund5 that have not been designated for a specific use) should be maintained at a minimum level equivalent to between three and six-months, expenditure. The trustees consider that maintainlng reserves at this level would ensure that, in the event of a slgnificant drop in funding, the charity would be able to continue its current activitiès while consideration Ss glven to ways in which additional funds might be raised or expenditure reduced. The trustees continued to pay close attention to the level of reserves, with a view to these being maintained within the levels outlined. Asset Cover Note 16 to the accounts sets out an analysis of the net assets attributable to the various f unds and a description of the triists, These assets are suff icient to meet the charity's obligation5 on a fund-by-fund basis.
Hemel Hempstead Community Church Trustees, Reportfor the year ended 31 March 2024 st On behalf of the Board of Trustees: Mr J A Noble Trustee Mr O J Young Trustee Date: Date: '/izJ
Hemel Hempstead Community Church Statement of Trustees, Responsibilities The trustees are responsible for preparing the accounts in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Law applicable to charities in England and Wales requires the trustees to prepare accounts for each financial year that give a true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing accounts giving a true and fair view, the trustees should follow best practice and: Select suitable accounting poSicies and then apply them consistently Make judgements and estimates that are reasonable and prudent State whether applicable accounting standards and statement5 of recommended practice have been followed, subject to any departures disclosed and explained in the accounts Prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation The trustees are responsible for keeping accounting records that disclose with reasonable accuracy the financial position of the charity and which enable them to ascerta in the financial position of the charity and which enable them to ensure that the accounts comply with the Charities Att 2011 and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of f raud and other irregularities.
Hemel Hempstead Communlty Church Independent Examiner's Report To the trustees of Hemel Hempstead Community Church I report to the trustees on my examination of the financial statements of Hemel Hempstead Community Church (the charity) for the year ended 31st March 2024. Responslbllltles and basis of report As the trustees of the charity land also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Havlng satlsfied myself that the financlal statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for Independent examination, I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act), In carrying out my examination I have followed 311 of the applicable Directions Eiven by the Charity Commission under section 14515llb) of the 2011 Act. Independent Examiner's Statement I have completed my examination, I confirm that no matters have come to my attentlon in connection with the examination giving me cause to believe that In any material respect; accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act", or 2. the financial statements do not accord with those records; or 3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the financlal statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting bv charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland l FRS 102). I have no concerns and have come across no other matters In connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial staternents to e reached. HB Accountants Plumpton House Plumpton Road Hoddesdon Hertfordshire ENII OLB 2*
HEMEL HEMPSTEAD COMMUNITY CHURCH STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrostricted funds Restricted funds Total 2024 Total 2023 Nol¢s Incoming resources from genorated funds Voluntary income Resources from Charitable aclivity Investment incomg 156,926 6,936 2,963 2,938 169,864 6,935 2,963 145,436 5,634 928 Total Incoming rosources 166,824 2,938 168,762 151,998 Resources expended Charltable qcllvitles Advdiicement of Ilio Christian Faith Relief of needs and hardships Provision of social welfare corninunlty facili118S 138,310 10,400 6,600 1,000 1,438 600 139,310 11,838 7,000 132,066 7,608 13,560 Tolal rosourc•s expended 165,210 2,938 158,148 153,234 Net incom?Ildèfl¢ltl for the yearl Net movement Sn funds 10,614 10,614 11,236) Fund balances at 1 April 2023 102,200 3,086 106,286 106,522 Fund balances at 31 March 2024 112,814 3,088 115,900 105,286 -rhe 51¢11emenl of financial aclivllios inclLides all gains and losses re¢ognisod ii) tho yoar. All income and expenditure derive from continuing aclivilios. Tl)e slaleinent of linanc.ial activities 81so complie8 with the requiremenls for an income and oxpendllure accouiil Ltnder the Companics Act 2006. 10
HEMEL HEMPSTEAD COMMUNITY CHURCH STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 FOR THE YEAR ENDED 31 MARCH 2023 Unrestri¢l¢d funds R¢strictod funds Total 2023 Total 2022 Incoming resour¢es from generated funds Voluntary income Resources from Charitable aclivily Inv8slm&nt incoma 142,534 5,634 928 2,902 145,436 5,634 928 165,759 5.319 192 Total Inco1ng rosourG?s 149,096 2,902 161,998 171,270 Resources expended Charitoble aotivllios Advancemenl of Ilie Chrislian frallh Relief of needs and hr)rdships Provision of social welfare c.ommunlly facililies 132,066 5,400 11,471 132,066 7,608 13,660 11 g,650 7.700 17,677 2,208 2,089 Total resourc•s ?xpended 148,937 4,297 153,234 145,027 Net incomel(doficlt) for tha yearl Not movoment in funds 169 (1,395 (1,2361 26,243 Fund balanc8s at 1 Aprll 2022 102,041 4,481 106,622 80,279 Fund balances ot 31 March 2023 102,200 3,086 106,286 106,.522
HEMEL HEMPSTEAD COMMUNITY CHURCH BALANCE SHEET ASAT31 MARCH2024 2024 2023 Notes Fixed assets Tangible assels 12 2,154 2,851 Curront assets Debtors Cash al bank 8nd in hand 13 18,069 10S,130 15,585 95.808 123,199 111.393 Creditors: aOunt$ falling due withln one year 14 (9,4531 {8,958) Net current ass•ts 113,746 102,435 Tolal assets less Gurrent liabilitle5 116,900 105,286 Income funds Reslricled funds 15 3,086 3,086 Unrestricled funds 112,814 102,200 115,900 10Jf,286 Tl)e coinpaoy Is enlilled lo tlie expmplion from Ilio audit requirement contained in scGlion 477 of11)e Coirpanies Act 2006, for Ihc year pndod 31 March 2024. No member of tlie Gompany has doi)osilgd <1 IioIiLe, Pllrsuanl to section 476. requiiing an avdil of tliese accounls. The Trusleos, rosponslbililios for ensuring t118t Ihe charity koeps accouriling records which comply with section 386 of the Act and lor pr8paring accounts wliich give FJ Iriip and fair vicw of Ihe stale of affairs of the cnmpariy as at Ihe end of tlie linf?nc.lal yoar ¢intJ ol ils Incomlnti resourcos and applicalion ol rosources, inclu(ling Ils income (Jnil pxi)Liiidilurts, for the fin¢inr.ial yec2r in Ir c.rnrdanc,e willi rcquiroments ol scclions 394 and 395 and whlch otherwise coiiiply with Ilie reqtJirp.monls ol tho Companies Acl 2006 relaliiig lo ar,r.nunl8, $0 far as applicable lo the company These accoiinls have been preparp(l in arcordcince will) Ilie provisioiis applicable lo cnmpanics subject lo Ihe sinall compariiFYS' regiin8. The accounts were approved by the Trustees on ?LQrn&iJr 20.2 W . J,A. Noble Trustee D.J. Young Trustee 12
HEMEL HEMPSTEAD COMMUNITY CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Aooounting polioies Charlty Information Heinel H6mpstead Community Church 1$ a company limited by guaranlce. 1.1 A¢countlng convontion The aG¢ounls have been prcpar¢d in accordance wilh the church's Irusl deed, Ihe Charities Acl 2011 and "Accounting and Reporting by Charilies. Slalemenl ol Re¢ommondcd Pfaclice applicablo lo charilies preparing their accounts in ac¢ordance with the financlal Reporting Slandard applicable in the IJK and Republic ol Ireland {FRS 102). {as amended for accounting peiiod8 commencing Irom 1 January 2023) The ¢hLFrch Is a Public Benefil Enlily as defined by FRS 102. 'Tho church lias laken advantage of the provisions in Ihe SORP for chaiilies applying FRS 102 Updalo Bulletin 11101 to prepgre a Slalemenl of Cash l=lows. The accounts have deparlcd from Ihe Charilies (Accounts and Reporls) Regulation3 2008 only to th8 extent required lo pruvS¢J6 8 Irug and fair view Thls departuro has iDvvlvod fnllowing Ihe Slalemenl ol fte¢oinmended Practice for charilies applying FIIS 102 rather than the version ol Ihe Statement of Recommendcd Pra¢li¢e whicl) is r¢foired to in the Routslalions bill which lia5 since beeii wilhdriiwn The accouiils aro piopared in slvfling wliich 1% 1118 funcllonal currency ol lh8 Ll)urcli. Monelary amounls In these rinrinrial slatomonls are ruundvd lo tho rioaresl £. Tho accounts have been proparcd undeT Ihe Iilslori¢al cost ¢onvenlion, I"he prin¢ipal accounlinu policies adopted are sel oul below. 1.2 Golng ¢oncern Al Ihe lim8 of approving Ilie arrnunls, the Iruslees have a reasonable oxpee181ion Ihal the ehurch has adequate resources to continue in operational existence for the foreseeable future. Thus Ihg Iiusl¢es continue lo adopt Ihe going concern basls of accounling in proparing the a¢couril8. 1.3 Charitable lunds Unreglil¢lod funds are available for ijso at the dis¢relion of th¢ Irusloes in furtheranLe uf Iheir eharilable objoplivag unloss Ilic funds have beeri desiunalod for olhei piirposes. Ilp.slrleled lund8 are subjecl lo specific condilions by donors as lo how Ihoy may bo usod. The PUTpo$e8 and tises ol tho Te51ricled funds aro sel oul iii Ihe nolos lo the accounts. 1,4 Resources expended Expenses are Includftd in the Iinancial slalomenls as they beconie due. Ixpenses incliide VAT whoro applirablo as tho ehurch cannot 113Lldim il 1.6 Tangible flxed assets Tdngible lixed as8ols afe initially moasureij 81 cosl and subsequenlly measured 81 cost or valuation, nel of depreLialion 8nd any impairment losses. DepreLialion is reeognised so as lo wrile off the Lost or valualiori ol assols loss Ihoir rcsidual values oveT their useful lives on Ilie following ba5iS'. Fixiuros, fillings and equipment Tho U¢iin or loss arising on the disposal of an <1S5oI is determlled as Ihe dillererice b¢lweon Ihg 53le procceds and Ihe carrying value of the asscl. and Is ie¢ognised in nel iriLomollexpeiidilurel for Ilie yoar. 25Pk lo 330/0 reducing balanco 13
HEMEL HEMPSTEAD COMMUNITY CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcles (continued) 1.6 Impalrment of fixed assets Al aach reporting end dale, Iho church review$ Ihe carrying amounls of ils tangible assets lo delermine whelher Ihere Is any indiealion Ihal Ihose assets havg suffered an impaimenl loss. If any such Indication exisls. Ihe recoverable amount of the asset is eslimated In order to determine the exienl of the impaiimgnt loss lil any}. 1.7 Cash and cash equivalonts Cash and cash equivalenls Include cash in hand and deposits held al call with banks. 1.8 Flnanclal instruments The ¢hureh has elecled lo apply the provi81ons of Seelionl1 'Baslc Financial Inslrumenls, and section 12 '01her l-iiiancial Instruments Issues, of FRS 102 to all of its financial Insliurrieiils Flnartcial insliumenls are recognisod in Ihe chur¢h'8 balance sheel when Iho. church become$ party lo the eorilrdLliial provisions of Ilie Instrument Finaneial assets and liabilities dre o118el. wilh 11)e not amount8 prpsenled Sn Ihft financial slalemenls. when Ihere Is a logally eiifor¢eablo rigl)I lo set off the recognlscd amounts and there is an inlei)lion lo sottlè on a net bagis or lo roalise the asset and sollle Ihv Ilabllily 8imulli4wigousIy Basic flnanclal assets Baslc financlal assets. which incliide doblors Bnd sh and bank balances. aro Inlli8lly iFieasured al Ifarisilellon price including Iraiisaclion costs and are subseqiienlly cyrrivd al amor115ed cost using the otteclive inleresl rrielhod unlogs the arrangemont conslilules a financing tr8ns8¢1ion. where Ilie Iransaclion Is moasured al Ihe presenl value ol Iho fulure recelpts dlscounled al a markel rale of Inleiesl. Financial asse15 clarified as Ter.eivable within one yeai are not amorlised. Basic financlal Ilabillties Ba85c financial liabililies, Including credilnrs and bank loan5 are initially recognised al Iran88clion price unless tho arrangemont con4lilules a financing Iiansaclion, wliore Ihe debl insl¥umenl is measured al the present valiie of Ihe fulure paymonls discounted al a market rale ol inlerfisl. Fin¢incial liabilitiès classified as payable wilhin nne year aro not afnortl8ed. Debl in51rumenls aitr subsogtienlly L'cirriod tl amorlised cosl, Iising Ili¥ elfeclive Snteiest rolo method. Trado creijilorb <llB ublioalions lu pay for goods or Services that have bopn 8cquirod in the ordinary cour8e ol operations froin suppliers. Amoiinls payable are rlassified 88 current liabilities if payinoiil is due wilhlii one ycar or logs If not, they ale pro8enled as non-eurronl liabilities -I'rade ¢rediloTs are recognisTrd inilially al Ir8nsaclion price <irid siib8eqiienlly Ineasuri.d cil amortised cost using Ihe cllcclive iiilLrcsl Inelliud. Derecognition ol flnancial Ilabllltles Fingncial liabilili95 dre d(roeocJnise(I wlien the church's conlraclual obligalions explro or are dischargcd or cancelle(I 1.9 Employee beneflts The cosl of any unusèd l)oliday erilillempiil is recognisod in the PQTiod iii whlch Ilio LJniployep'% %viviees are recoived Piiymenls lo doliiied coiilribulioii roliroineril bcnofil scliemos are cliargod as expensvs <lS Iliey fall due. I"?¥minalion benclils aTe recouiiised imniedialply as expeiise whon Ilie chufch is deinonslrably coiriinillcd lo torminalo11)L' oinpltsynienl ol an omployeg or lo provide lorminalion benefits. 1.10 Leases Rentals payable iin(Ipf operaliriij Ipilses, inclii(ling any loasc incenllvos received. are cliargvd lo incoinci on a slraiglil line bdSi% uvcr Ilie leirTI of11)e relevant loase. 14
HEMEL HEMPSTEAD COMMUNITY CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Critical accounting estimates and judgements In Ihe 8pplicallon of Ihe chuyeh's accounling policles, the Irusleos are required lo make judgements. estimates and 8ssumplions about the carrying amounl of assels and liabililies that are not readily apparent from other sources. The eslimales and associaled assumptions are based on histoiic,al expefience and other faclors Ihat are considered lo bo relevanl. Actual resu115 may differ from Ihese eslimales. The o51imales and underlying assumptions are ieviewed on an ongoing basis. Revisions to accounling estimal8S are reeognised In Ihe ppriod in whi¢h the oslimale is revised where the revislon aflecls only that period, OT in Ihe period of Ihg revlsion and future periods where the ravi5ion affecls both ¢Ufrent and futurè periods. Voluntary Income Unrestilot¢d funds Restrlclod funds Total 2024 Tolal 2023 Tithes, offerings and gifts 156,926 2,938 169,864 145,426 Tlthes, offerings and glfts: UnreslTlCted funds.. Tithes, offerings arid gifls Income tax reclaiNiable 128,263 28,663 116,616 25,918 166,926 142.534 Reslrlcted funds.. Tilhes, olfeiiiigs and gilts Income lax reclairnable 2,938 2,781 121 2,938 2,902 2024 2023 Resourcos from Charltnble activlty servir.es to anotlier Lhrislian charily 5,634 6,935 Investment Income Inlprest receivable 2,963 928 15
HEMEL HEMPSTEAD COMMUNITY CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Total resourc¢s expended staff Depre¢lation Gosts Other ¢osts Grant fundlng Total 2024 Total 2023 8ee also note: 11 12 Charltable ootlvltles dvancem8nt of the Chrislian Failli Acllvities undertaken direclly Grant funding of EAC11lies Support cosls (Seo alsu Note 9) Admin support for a Chrislian charily Total 73,014 697 20,184 93,895 92,680 16,210 16,210 22,868 11,363 21,990 22,868 6,337 102,219 6,337 139,310 6.033 132,066 697 20,184 16,210 eeds an Aclivilias undertaken direclly GFaril fuiiding of activities 11,B38 11,838 7,608 Total 11,838 11,838 7,608 Provision of social welfarc communi facilities ALlivilies undei'laken dirpclly Graiit funding af activities 7,OQQ 7,000 13,560 Total 7,000 7,000 102,219 697 20,184 35,048 168,148 153,234 1B
HEMEL HEMPSTEAD COMMUNITY CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Activities undertaken direolly Unrestricted Restricted Tolal 2024 Total 2023 Other costs rglating to advancemonl of the Chrislian faith compris8". Rent Equipment and repalrs Social ev8nts and catering Telephone and Inlernet Printlng, postago and slalionery Insurance and licences Motor and travel Young people Literature aiid training Hospitality And outreach Bank charges Iridependont oxamlners fee Sundry exponses 7,350 493 1,687 308 197 1,365 3,056 32 2,346 446 50 1,000 7,350 493 1,687 308 197 1.365 3,056 32 7,250 387 2,973 463 147 1,393 4,851 29 2,738 878 105 1,000 899 1,000 1,446 50 1,000 854 19,184 1,000 20,184 22,913 Grants payable Grants to Instltullons Grants to Indlvlduals Total 2024 Total 2023 Advancement of the Christian Faith Relief of needs arid hardships Provision of social welfarc coinmunily facllillos 6,864 11,838 7,000 10,366 16,210 11,838 7,000 11,363 7.608 13.560 24,692 10,366 35,048 32,531 RoslriLlod (JTarils Unrestriclcd Granls 1,938 33,110 4,298 28,233 35,048 32,Jf31 e?ranls to inslilulions relaling lo advancement of the Christian faith compriso.. HFJrvest Alliance UK Christian Rcsourccs for Primary N%c.l)ool Youth AGross Heirit)I 4,854 3,563 500 1,000 6,854 Grants lo iiitslilulions ielaling lo ie.liÉJf of noed8 ¢iiid hardship r.oinprise.' Route 61 Ilnternalional} Corncrgale Foundation Pldrvebl Alli(Jr)ce UK - I" or Ukraine 10.638 1,200 5,050 1.200 11,838 7,608 17
HEMEL HEMPSTEAD COMMUNITY CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Grants payable Icontinuedl Grants lo institutions relating to provision of social welfare Gommunity facilities comprise.. Mission Direct Liberly I'ca Rooms and Community Hub Heart for Kids 250 6,000 1,861 6,000 1,000 7,000 8,111 'Support oosts Staff costs 22,868 21,990 10 Trustees David Young's reinuncr8tion paid in the year was £60,oor) (2003., £56,608) No Trustees claimed expenses to fulfll their dulies12023.. None) 11 Employees Number of employees 'riie avorago monthly number of employees during the year was: 2024 Number 2023 Nuinber Pasloral Treasurer Administration Employment ¢osts 2024 2023 Wages and salaries Social security cost Pension conliibulions NIL employmenl allowanc.e 97,670 9,419 230 (5,000 92,582 9,130 189 (5,000} 102,219 96,901 rhe Ifusteos delegalLd ki'y managomonl Gonlrol during the period ai)d al tlie dale of this roi)orl to David Young David Youi)g is employed by Ihe r.harity to piovide sorvices lo the charity as perJnilted by ils Memorandum t)nd Arlicles olAssocialion. One emiiloye.g received annual emolLJmeiils of £60.000 or more (2023., Nono) 18
HEMEL HEMPSTEAD COMMUNITY CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Tonglble fixod ass•ts Fixtures, fittings & equipment Cost Al 1 April 2023 Additions 12,201 At 31 March 2024 12,201 Depreelation Al 1 April 2023 Charge for11)e year 697 At 31 March 2024 10,047 Net book value: At 31 March 2024 2,164 At 31 MaT¢h 2023 2,851 13 Debtors 2024 2023 Income tax recoverable PrGpayirionls arid 8ccrued income Ollier debtors 14,784 1,378 1,907 13,107 696 1,782 18,069 15,585 14 Creditors: amounts falllng due withln one year 2024 2023 Taxes and soci81 securily Accruals 2,176 7,277 2,226 6,732 9,453 19
HEMEL HEMPSTEAD COMMUNITY CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Restricted funds The income funds of the charity Include restrlcted funds comprising the followlng unexpended balances of dondlions and grants held on Irust for specifiG purposes.. Movement In funds Balance at 1 Aprll 2023 Incomlng Rosources r¢sour¢es •xpended Transfers Balance at 31 March 2024 SpeGi81 gifts fund 3,086 2,938 {2,9381 3,086 The special gllts fund represenls monies given for specific purposes whlch have nol yel been distributed lo Ilie relevanl inslilulions or individuals. FOR THE YEAR ENDED 31 MARCH 2023 Movomont In funds Balance at 1 Aprll 2022 Ineomlng resources Resources expended Transfers Balance at 31 March 2023 Spe¢l81 glfts fund 4,481 2,g02 {4,297> 3,086 16 Analysis of net Assets between funds R•strlGted funds Total Unrestrioled Fund balances at 31 March 2024 are repTesented ty.. Tanglble fixed 8SS6ts Current assets Creditors: amounls falling due wilhln one year 2,154 120,113 (9,453) 2,164 123,199 (9,453) 3,086 112,814 3,086 115,900 17 Related party transactions Caroline Young, wifo of David Young, received a salary of £21,647 (2023: £20,422) and is also a trustee of Corncrgale Foundation which received donations tolalling £1,200 (2023.. £1,20D) Jemrna Young, daughter of David Young. received a salary of £13,890 {2023'. £13,104) David Young is a Iru8tee of Harvest Alliance UK wliich received donations totalling £4,854 (2023.. £4.9211 David Young and Sarah Bennell, wife of Chrislopher Bennetl and daughter of Robert Tale. are Iruslees of Roule 61 Ilnternalional) which received donations tolalling £10,638 {2023'. £5,050) Trustee donalions received for the year totalled £59,31912023- £47,868) 20