Charlty ReElstration No. 1105214 Company Re8lstratlDn No. 5178040 (England and Wales) Hemel Hempstead Community Church Trustees, Report andAccounts For the Year Ended 31stMarch 2025
Hemel Hempsteod Community Church Legal and Administrative Information Trustees Mr D J Young Mr CJ Bennett MrRJTate Mr J A Noble (reslgned 13105125) Mr R Wlnskl Mrs B Downlng (re51gned 26111124) Mr K D Martln (appolnted 28108/25) Treasurer Mr D Shaw Secretary Mrj A Noble Charity Number 1105214 Company Number 5178040 Principal Address 63 Shearwater Road Hemel Hempstead Hertfordshlre HP3 OGB Reportlng 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's Report Statement of Flnanclal Activities 9-10 Balance Sheet 11 Notes to the Accounts 12-19
Hemel Hempstead Community Church Trustees, Reportfor the year ended 31st March 2025 The trustees present thelr Report and Accounts for the year ended 315t March 2025. The accounts have been prepared in accordance with the accounting policles set out in Note I to the accounts and comply with the charity's Trust Deed, applicable law and the requirements of The Charltles Statement of Recommended Practlce, 'Accountlng and Reporting by Charlties,. Issued October 2019. The trustees also have due regard to guldance published by the Charity Commlssion on publlc benefit. Structure. Governance and Management Hemel Hempstead Communlty Church IHHCCI Is a company Ilmlted bv guarantee. Trustees The trustee5 who served during the year were; Mr DJ Young Mr CJ Bennett MrRJTate Mr J A Noble {re51gned 13105/251 Mr R Winskl Mrs 8 Downlng Ireslgned 26111124) Trustees are appointed and removed by the Board of Trustees as outlined In the charlty's Artfcles of AssociatSon. Trustees are recruited from the established church membership to provlde the wlde range of expertlse requlred to properly govern the charlt¢s acilvltles. The current size of the trustee group has been found to be sufficlent to serve the charlty's present needs. The Charity make5 use of published material from the Charlty Commlsslon and other sources to Inform trustees about their responsibS1ities and assist them with thelr work. Management Responsibility for HHCC'S leadership falls broadly into two areas.. legal, financlal, health and safety, and other simllar aspects that are mainly the responsibility of the trustees, and spiritual and pastoral matters and activitie5 that are overseen by the Leadership Team. The day-to-day management of HHCC'S normal 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 mlnlstry report directly to the Lead Pastors. Harvest Alllance UK HHCC is an active member of Harvest Alliance UK IHAUKI, which is itself part of Harvest Alliance's global family of churches and ministries.
Hemel Hempstead Community Church Trustees, Reportfor the year ended 31st March 2025 HHCC HSghll8hts Alpha In April we started an Alpha course on Thursday evenlngs which ran for 10 weeks at our Sunday morning venue. A number of Church members helped wlth the ¢ater5ng providlng a meal and refreshments each evening. The course was full of en8aglng discussion as the group explored the meaning of life and teachlngs of Jesus Chrlst together. Love Hemel We also had the prlvllege of helpSng facilltate the Love Hemel prayer walk. The vislon is to gather Christians from dlfferent churches across the town to prayer walk every street In Hemel Hempstead. It was Breat to see support for thls prayer Inltiative continue to grow with new people attending two prayer and praise nlghts held In May and June prlor to the walk and lolning the prayer walk Sn July. The main walk took place on the 7th July with participants Eatherlng In Gadebrldge Park for a tlme of worshlp and prayer before disperslng to prayer walk the streets. There were 58 people from 15 dlfferent churches prayer walking the town enabllng us to prayer walk 731 streets all at the same time. The rest of the streets were covered by individuals, prayer walklng the 345 remalnlng streets in July, Church In the Park Over the summer we enjoyed 'Church In the Park, over three Sundays In Au8USt. Our maln servlce was relocated to Gadebrldge Park Incorporating worshlp, testimony, prayer, communlon, plcnlc lunches and games. All ages enjoyed these open-air meetings in this beautiful community space, Overseas VlsFtors In OctobeT we had thè prlvllege of hosting Pastors Yohan and Priti (New Horlzons Christian Fellowship, India> and Bijay and Jyotl (New Horizons Christian Fellowship, Nepal) with us in Hemel Hempstead. Although we share longstanding connections this was the first time that many church members were able to meet these leaders in person, We were able to share some speclal tlmes of worshlp and mlnlstry together enrichlng and strengthening our connection, Both couples were able to Join us at the Harvest Alliance conference In London over 3 days where we enjoyed Introduclng them to our relational network of church leaders nd ministries, Harvest Alliance Leader5 from HHCC and the wider church continue to enjoy the benefits of belng 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 Hub met regularly during the year, Alongside this a programme of UK Leaders, Zoom meetings and other National and Global Zoom meetings continued during the year. In February 2025, Pastors David and Carollne Young were able to attend the Harvest Alliance North America Leaders Conference In Summervllle, South Carolina, USA. As well as being able to strengthen connections with the Harvest Alliance Global family they were able to enjoy a great time of personal spiritual refreshment and encouragement. Old relationships were affirrned and strengthened with new ones started.
Hemel Hempsteod Community Church Trustees, Reportfor the year ended 31st March 2025 Objectives and Activities l. Advanclng the Chrlstlan Falth HHCC Is a famlly of believers who seek to demonstrate the transformlng love of Jesus Christ through word and action in Hemel Hempstead, the UK, and through its connections around the world. The maln focus of the church's work Is dlrected towards achlevlng thls objertive. During the year the main activlties of the church consisted of the following.. Sunday Mornlng Service - comprising worshlpi bible-based teachlng, prayer and communlon wlth a tfme for fellowship over refreshments served before and after the service Llfe Groups- small groups meeting in-person durlng the week where members support and encourage one another and grow in falth. These groups Include worship, prayer and blble study. Men's Group- Affiliated to Chrlstlan Vision for Men (CVM), providSng leadershSp and support for a men's meeting on Monday nights attended by HHCC members and others from dlfferent churches and the wider cornmunlty. Prayer- monthly prayer guide and focus with twlce-monthly Zoom prayer meetlngs. Gifts- HHCC made gifts from both general fund5 and 5peclal offerln85 In support of other charities and indlviduals In the Unlted Klngdom and over5ea5, These included grants to HAUK, Charity No.1123185, to support Its work In advanclng the Chrlstian faith In the UK. and regular fundlng to support the salarles of the NHCF chLJrch pastors in Vellore, India and a grant to support NHCF church mlnlstry In Damak, Nepal. 2. The Rellef of Poverty HHCC contfnued to support Liberty Tea Rooms and Community Hub (LTR&CH), Charity No,10773351 providing 3 Débt Centre and other services in Hemel Hempstead. HHCC gifted fund5 to NHCF Indla to support the employment of a teacher at a school In Chittoor, with the alm of ImprovSng future employment opportunlties, and the running of a dalryfarm. HHCC and Indivldual members glfted funds to Route 61 . Charity No. 1189501, to support its work in Kenya with Chlldren In the juvenlle Justice system. HHCC gifted funds to Cornergate Foundation, Charlty No. 11652641, for its work with prisoners and ex-offenders. 3. The Advancement of Educatlon accordlng to Christian prlnclples No activity reported during this year. 4. Prov151on of Community FacllSties HHCC continued to gift funds to LTR&CH to support its running of the CMA/CAP Debt Centre and provision of other services in Hemel Hempstead.
Hemel Hempsteud Communlty Church Trustees, Reportfor the year ended 31st M17rch 2025 Achievements and Performance A summary of achievements is as follows: The Sunday mornlng service continued at the Hemel Hempstead Seventh Day Adventist Church with refreshments served both before and after the service providlng a space for connection. A twice-monthly Prayer Zoom meeting provlded a place for corporate prayer wlth a monthly Prayer Gu5de clrculated to provide splritual direction and a focus for prayer for the church and wider communlty. The Love Hemel prayer walk Inltiatlve ¢ontlnued durlng this period. Thls started wlth launch service at Gadebrid8e Baptist Church In May followed by a Prayer and Pralse nlght at thè end of June whlch was hosted by Southlll Church. The main prayer walk took place on the 7th July when 58 people from 15 dlfferent churches prayer walked 731 streets across the town all at the same tfme, Thè rémaining streets were prayer walk8d by individuals durlng July. A prayer gulde based on 'The Lord's Prayer, provSded a corporate focus for prayer. HHCC continued its association with Samaritan's Purse {www.samarltans-purse.org.ukl and 47 shoeboxes were filled with toys, hygiene items and school supplies, and despatched for 'Operatlon Chrlstmas Child,. Some church members continued to use the online service to donate towards shoeboxes whlle others jolned our shoebox packing lunch after our Sunday servlce on the 10th November. HHCC contlnued to support the work of Dacorum Street Pastors, (DSP), Charlty No. 1179935, wlth three church members servinE as Street Pastors on weekend patrols in Hemel Hempstead town centre. Durlng the reporting perlod the declslon was made to close the charity down, the last patrol on belng undertaken on the 24th May. David Young attended a monthly meeting of local church leaders facilitated by Churches Together In Hemel Hempstead, Durlng the year. five church members servéd as volunteers for Youth Across Hemel. Thls Included runnlng clubs and deliverlng RE lessons In local secondary schools and helping to run "The Mix" and other fun youth events for young people, such as, kayaklng and a bonfire party. HHCC Leaders Derek and Penny Oliver continued to develop the work of Route 61 ¢www.route61.net), in Kenya with children in the juvenile justice system and their familles, HHCC Leaders David Young (until 31st May 2024), Derek Oliver and Sarah Bennett served as trustee5 of Route 61, and HHCC provlded regular h"nancial 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. Re8ular financial support was rnade towards this valuable ongoing work in the community. A group from HHCC attended CVM'S "The Gathering" men's festival In June, which provlded a time of spiritual refreshment, encouragernent, and fellowship.
Hemel Hempstead Community Church Trustees, Reportfor the year ended 31st Morch 2025 HHCC continued to provide practical and regular fi'nancial support to LTR&CH in their ongoSng work to deliver services in the local communlty. The work of the Debt Centre providing support to local people with unmanageable debt continued. One church mernber served as a Debt Coach, two others were involved in runninE CAP Money (budgeting and financial management) courses, and others as client befrienders. HHCC continued to provide regular financial support to NHCF in Vellore, India. This finance was used to assist with funding a pastoral salary and the employment of a teacher and advocate to Company Village, Chittoor, supporting famllles faclng the challenge of re-location due to a government infrastructure project and the ongoing overslght of a Dalry Farm. HHCC supported NHCF in Damak, Nepal by assisting with fundin8 the pastor's monthlv salary. This ensured the continued growth of, and pastoral and sp5rltual support for the church membershlpi 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 vislted the mission partners in Northern India in November. The trip included vlsits to Child Development Iteachingl Centres and a Tailoring School. The team also visited villages to See and hear from local people how they were benefitting from the installation of safe water bores. John Noble continued to serve as a trustee of Chinese Church Support Ministries, Charity No. 327709. Grant Making Policy HHCC makes grants 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 aims to the church and a policy has been established of making regular grants from income received by the church. Grants may also be gifts to visiting Speakers. Additionally, grants are made to organi5ations within Hemel Hempstead that work with children, young people, the horneless and other needy groups. As part of HHCC'S mission to share the love of Jesus Chrlst in our local community, grants are made to needy people, both members and contacts from outside the church famlly. SiEnlflcant Erants are only made after the trustees have agreed on the amount and recipients. They may be made in respoiise to a specific appeal or need of which HHCC'S Leadership Team or members have become aware. Financial Review Income and Expenditure For the year ended 31&1 March 2025 total income was £152,064, which was £16,698 lower than the previous year. Expenditure was £159,018, which was an increase of £870 on the previous year. This resulted in a net deh'cit of £6,954, which is £17,568 worse than the previous year. The trustees continue to monitor expenditure to maintain costs in line with general income.
Hemel Hempstead Community Church Trustees, ReportAor the yeur ended 31st March 2025 Reserves Pollcy The charity's reserves polloi Is that unrestrlcted funds (funds that have not been designated for a specific use) should be maintalned at a mlnimum level equivalent to between three and slx months, expenditure. The trustees consider that maintalning reserves at this level would ensure that, In the event of a slgnlficant drop In fundlng, the charlty would be able to contlnue Its current actlvltles whlle conslderatlon Ss glven to ways Sn whlch addltfonal funds mlght be ralsed or expenditiire reduced. The trustees continued to pay close attention to the level of reserves, wlth a vlew 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 varlous 'funds and a description of the trusts. These assets are sufficlent to meet the charltls obli8ation5 on a fund-by-fund basls. On behalf of the Board of Trustees.. Mr R Wlnskl Trustee Mr D J Young Trustee Date:
Hemel Hempsteod Communlty Church Statement of Trustees, Responsibilities The trustees are responsible for preparing the accounts In accordance wlth applicable law and United Kingdom Generally Accepted Accounting Practice. Law applicable to charlties In England and Wales requlres the trustees to prepare accounts for each fi'nancial year that give a true and fair vlew of the charitWs financial activities during the year and of its financl31 position at the end of the year. In preparing accounts giving a true and fair view, the trustees should follow best practice and: Select sultable accounting pollclÉs and then apply thern consistently Make judgements and estlmates that are reasonable and prudent State whether appllcable accountlng standards and statements of recommended practice have been followed, subject to any departures dlsclosed and explalned In the accounts Prepare the accounts on the golng concern basls unless It Is Inappropriate to presume that the charity wlll continue In operation The trustees are responslble for keeplng accounting records that disclose wlth reasonable accuracy the financlal posStfon of the charlty and whlch enable them to as¢ertaln the financlal posltion of the charity and whlch enable them to ensure that the accounts comply with the Charitles Act 2011 and the provlslons of the Trust Deed. They are also responslble for safeguarding the assets of the charity and for taking reasonable steps for the preventfon and detection of fraud and other Irregularities.
Hemel Hempstead Community Church Independent Examiner's Report To the trustees of Hemel Hempstead Community Church I report to the trustees on my examination of the h'nancial statements of Hemel Hempstead Community Church (the charity) for the year ended 31$1 March 2025. Responslb51ities and basls of report As the trustees of the charity land also its directors for the purposes of company lawl you are responsible for the preparation of the flnancial statements In accordance with the requ5rements of the Companies Act 2006 Ithe 2006 Act). Having satisfied myself that the financlal statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eliglble for independent examlnation, I report in respect of my examlnadon of the charlty's flnancial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act), In carrylng out my examlnation I have followed all of the applicable Directions given by the Charity Comm15slon under section 14515llbl of the 2011 Act. Independent Examinerfs Statement I have cornpleted my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that In any materlal rèspect,. accounting records were not kept In respect of the charlty 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 wlth the accounting requlrements of section 396 of the 2006 Act other than any requlrement that the accounts give a true and fair view which is not a matter consldered as part of an independent examination; or 4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. 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 statement5 to be reached. HB Accountants Plumpton House Plumpton Road Hoddesdon Herrfordshire ENII OLB LS
HEMEL HEMPSTEAD GOMMUNITY CHURGH STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrostrlotod funds R•slrloled funds Total 2025 Tolal 2024 Nottss Inoomlng r•sour¢•s ITOM gonoral•d funds VolUnry income Resources from Charilable activity Investment Income 139,546 6,844 2,823 2,861 142,397 6,844 2,823 159,884 5.935 2.963 Total Inoomlng r•$èuroos 149,213 2,8S1 162,064 168,762 Rosouro•s oxpondod Ch•rlt4blD oollvltlos Advancement ol Ihe Chrislian failh Rellef ol needs and hardships Provislon of soclal welfare community facililles 146,893 5,474 4,700 1,917 834 147,910 6,408 4,700 139,310 11,838 7,000 Total rosouroos exp•nd•d 158,187 2,861 169,018 158,148 Not Inaomlngl(outgolng) 1osour¢os boforo transftsr8 16,9541 (6,864) 10.614 Gross transfers between funds 2,318 (2,318) Not Inaomolldoflolt) for thè yoArl Not movemont In funds 14,636) {2,318) 18,954) 10,614 Fund balances al l April 2024 112,814 3,086 116,900 105,286 Fund bAIAn¢os at 31 Maroh 2026 108,178 768 108,948 115,900 The 518lemenl ol linanci81 aclivilles Includes all gains and losses reco9nised In the year. All In¢ome and expendiluie delive from conllnuing aclivities. The slatemenl ol linancial aclivilies also complies wilh11)e reouiiemenls for an income and expendilure accounl under the Compaiiies Acl 20.
HEMEL HEMPSTEAD COMMUNITY CHURCH STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 FOR THE YEAR ENDED 31 MARCH 2024 Unrostilotod funds Reslrlot•d funds Total 2024 Total 2023 Inoomlng rosouroos from gon•rAt•d funds Voluntary Income Resources from Charitable aclivity Inveslmeht in¢ome 166,926 6,936 2,963 2,938 169,864 6,936 2,963 145,436 5,634 928 TolAI Inoomlng r•soui¢•s 166,824 2,938 168,762 151.998 R•soura•s ?xpond•d ChArltabl• aotlvltlos Advancemenl ol Ihe ChrS$lian F811h Rellef of needs and hardships Provision of soclal wellare communlly faellilies 138,310 10,400 6,600 1,000 1,438 600 139,310 11,838 7,000 132.C 7,608 13,560 Totul r•souroos expèndod 166,210 2,938 168,148 153,234 Nol Inaom•l{d•flclt) for tho yoArl Not movomont In funds 10.614 10,614 (1,236) Fund balan$ at l April 2023 102,200 3,086 106,286 106,522 Fund balAno•s Al 31 Maroh 2024 112,814 3,086 116,900 105,286 10
HEMEL HEMPSTEAD COMMUNITY CHURCH BALANCE SHEET ASAT31 MARCH2025 2025 2024 Notes Flxod assot8 Tangible assets 12 1,714 2,154 rrent a8set8 Deblor8 Cash al bank and in h8nd 13 16,453 96,314 18,C69 105,130 112,767 123.199 Credltors: amounts falllng due wlthln one yoar 14 (5,5351 <9,453) Nel curient asset$ 107,232 113,746 Total assets less current liabllltles 08,946 115,900 Incomè funds Re$lriclad funds 16 768 3.086 Uniestri¢led funds 108,178 112.814 108,946 115.900 The company is enlllled lo Ihe exempiion from Ihe audit requiremenl contained In seclion 477 of Ihe Companies Acl 2006, lor the year ended 31 March 2025. No member of Ihe company has deposiled a nolice, pur8uanl lo seclion 476, requiring 8n audit ol these 8rxounls The Trusleeg, re8ponsibililies for ensufing that the charity keeps accounllng records whlch comply with seGlion 386 of Ihe Act and for preparing accounts whlch give 8 1(ue and fair view of the slate of affairs of Ihe cornpany as al the end ol the linancial year and of ils Incoming resources and application of resources, Including ils income and expendiluTe, for the financlal year In accordance with iequiremenls of sections 394 and 395 and which olherwise comply with the requirements of the Companies Act 20C6 relating lo accounts, so far es applicable lo the company. These aceounls have been prepared In accordance with Ihe provisions applicable lo companies subjecl to the sm811 comp8nies' regime. The accounts were approved by Ihe Trustees on Zc>2 R Winsk Trusloe D J Young Trustee 11
HEMEL HEMPSTEAD COMMUNITY CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ounllnp pollolos ChArlty InlomiAtlon Hemel Hempstead Communlty Chur¢h is a company limited by guaranlee. 1.1 Aooountlng ¢onventlon The 8nIS l)ave been prepared In accordance wilh the church's Irusl deed, the Charilles Acl 2011 and 'AGcounUng and Reportlng by Charilios: Slalemenl of Recommonded Piaclice applicable to ¢harilies Pparing Ihelr accoun1$ In accordance with the Finan¢lal Reporting Standard applicable In the UK and Republic of Ireland (FRS 102). (8$ amended for 8ccounling periods commencing from 1 January 2024). The church i¥ a Public Benefll EnlSly as deflned by FRS 102. Th'e ¢hurch has laken advantage ol the provislon5 In the SORP lor charities applying FRS 102 Update Bullelin 1 nol lo prepare a Slatemenl of Cgsh Flows. The a¢UniS have deparle(I ffom Ihe Chorilie$ IA¢¢ounl$ 8nd RoPOrts) RegulAlions 2008 only lo the exlenl requir6¢J lo providc a live 8nd18Sr vlew. Thls departure has involved foll0vn9 the Slalemenl of Recommended Pradice tor chaiilios applying FRS 102 ralheT Ihan Ihe version of the Slalemenl of Recommended Pracllce which is referrod to in the Regulations bul whlch l)as since en wllhdfawn. The accounts are prepared in sleillng whlch Is Iho fun¢lional currency of the church. Monelary amounls In these finaiici81 slalemenls ere founded lo the nearesl £. The accounts have been prepared under Ilie historical cosl convention, The princlpal 8ccounllng policles adopled are 8el out below. 1.2 Oolng aono•rn Al the lime of approving the a¢counts, the tfustees have a reasonable oxpeclalion Ili¢il the church has adequat¢ resources lo continue in operalional existence for the foceseeable future. ThLlS Ihe Iriislees eonllnue lo adopt Ihe going concern bas1$ ol accounting In preparlng Ihe accounts. 1.3 Charltlblo funds Unrestrieled furlds are avallable for use at Ihp disciellon of the Iruslees in furlheran¢e of Iheir chaiilable objeolives unless the funds l)ave been designated fL)r other purposes. Reslricled funds are subjecl lo spccilic conditions by donors as lo how they may be used. The purposes and uses of the reslricled funds are scl out in the noles lo Ilie accounts. 1.4 Rosouroes expondod Expenses 8fe in¢luded in the flnancial slalefflenls as they become due Expenses include VAT where applicable as Ihe ¢hur¢h cannot reclaim il. 1.6 Tanglblo fixed 4ssols Tangible fixed assets arc inilially measured at cost and subsequently measured al cost or valuation, nel of depreciation and any impairment losses. Depreciation is Tecogni%ed so as lo write off the cosl or valuation of asse15 Icss their re%idual values over Iheir usvlul lives on the lollowing basis: Fixtures. fittings and equipment 250h lo 33•/0 reduclng balance The gain or Ioss 8ri8ing on the disposal of an asset is determined as Ihe difference beiween Ihe sale proceeds and Ihe carrying value of Ihe asset, aiid is recognised in nel incomel{expendilure) for Ihe year. 12
HEMEL HEMPSTEAD COMMUNITY CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 AIARCH 2025 Aooountlng pollolos loontlnuod 1.8 ImpAlrm•nt of lixod iss•ts Al ea¢h reportlng end date, the church revlews Ihe carrying amounts of Sls langlble assets to delefmlnc whelher there Is any indication that Ihts8e assets have suffered an impairment los$. If any such Indlcallon exists. the rccovcrable amount of Ihe assot is eslimaled In order to delermlnc the exlent of the impalrmenl loss (If any). 1.7 Cash and OAsh oqulvAl•nts Cash 8nd cash equivalenls Include cagh in hand and deposils held al call wilh banks. 1.8 Fln&nalal Inslrumgnts The church has elected lo apply the provisions of Seclion11 'Baslc Flnancial Inslrumenls, and Section 12 '0thgr Financial InslrLiments Issues, of FR8 10210 all ol ils linancial instriim8nls. Flnancial Instfumenls are regnised In the church's balance sheet when tha church becomes party to Ihe conlraclual provisions ol the Inslrumenl. Financlal assels and liabllili85 are offsel. wllh the nel amounls preseiiled in the linancial slatemenls, when Iheie Is a legFJlly enforceable righl lo $61 oif the recoonised amounls and Ihere 1$ an Inlenllon lo setlle on a net basls or to reallse the asset and $¢llle 1110 liability simullaneously. Baslc Ilnanclal assets Baslc financlal assets, whlch Include deblors and cash and bank balances, ere Inillally mea$ur¢d al IransaGlion price Includlng Ifansacllon cosls and are subscquenlly caiiied al amortised cost using Ihc clleclive inleTesl method unless Ihe arrangement conslilules a financing lr8ns8clion, wliere the Iransaclion is measured al the prescnl value of the lulure recelpls discounled al a marke.1 rale ol Inleresl. Financial asscls clarified as receivable wilhin one year re not amortlsed. Bas1¢ Ilnanclal Ilabllllles Baslc financial liabilities, includlng credllois and bank loans are inilially re¢ognisod al Iransaclion price unless Ihe arrangement constiliiles 8 financing IfansaLlion, whero the debt inslruinenl is measured 81 tho present value of Ihe future payments discounted at a market rale ol inlerest, Financlal liabililles classillod as payuble williin ono year are not arnorlSsed. Debl i1151rumcnls are subsequently carried al amorllsed cost, using the elfeclive Inleresl iale method. 'rrade creditors are obligalions lo pay for goods or seryice5 that have been acquired in Ihe ordinary course of opeialions Irom suppliers. Amuunls payable are classified as curreiil li8bililies if payment is due within one year or less. If not, 11)ey afe presented as non-currenl liabilities. Trade ¢redilof8 aro feGoonlsed Initially al transa¢lion price and subsequently tneasured al amorlised cost usli)g the elfeclive interest melhod. Derecognltlon of Ilnancial Ilablllllos Financial liabilities are derecogniseil when the chuicli's conlraclual obligalions expire 01 are discharged or can¢plled. 1.9 Employoo b•n•flts The cost ol any unused holiday enlillcmenl15 recognised iii Ihe peiiod iri wliich the employee's services are receiv¢d. Payments lo defined contriblilion reliremcnl Imhncfil schemos are charged (IS expenses a$ 11)ey fall due. Terminalion benefits are recogr)ised immedialely as an cxpense wheii Ihe church is dcmonslrably comfnitted lo lerniinale the employment of (ln emplnyee or lo provide lerminalion benelils. 1.10 Leasos Rentals payable under opeialing leases, including any lease incentives received, are Gharged lo income on a slraighl line basis over the lerm of the felevanl lease. 13
HEMEL HEMPSTEAD COMMUNITY CHURCH NOTE8 TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Crltloal aooountlng ostImat and Judgoments In Ihe application of the church'5 accounling policies, Ihe Iwslees are required to make judgements. eslimales and assumpllons about the carrylng amount of assets and Ilabililles Ihal are nol readily apparent Irom olher sources. The esliinates end asswlated assumpllor)s are based on historical experlence and other factors Ihal are consldered to be relevant. Actual results may dlfler from these eslimales. The estimates and uriderlying assumplions are revlewed on an ongolng basis. Revisions lo accounting eslimales are reccrfJnised in Ihe period In which Ihe eslimale is revised where the revlsion affects only that period, or Sn the perl¢xl of ltrie fevislon and fulure periods where the revision allecls both curienl and fulure pericKIs. Voluntsry Ingom? Unrostrlcttd lunds Rostrlot funds Total 2026 Total 2024 Tilhes, ollerln9s and gills 139,646 2,861 142,397 159,864 Tlthos, olfèrlngs ond glfts: Unresl(Icled funds.. Tithes, offerings and glfls Income tax reclaimable 113,988 26,578 128,263 2B,663 139,646 156,926 Restricted funds.. Tilhe5, oflerings and ollts Income lax reclaimable 2,605 246 2.938 2,861 2,938 2026 2024 R•s¢ur¢•s from Charltqblo ootlvlty Setvlces to another Christlan charity 5.935 Invostment Inoomo Interest recetvable 2,823 2,963 14
HEMEL HEMPSTEAD CQMMUNITY CHUFICH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Total rèsouroes •xp•ndod Staff D•proolallon costs Othor ¢osts Grant fundlno Totol 2026 Tolal 2024 S•9 •lso note: 11 12 Ch•rltsblo aatlvltlos Aclivilles ulldertaken directly Grant lunding ol activities Supporl costs (Sec a150 Nole 91 Admin support fof a Chrlslian Charity Tolal 76,679 28.312 106,626 93,895 10,329 10,329 26,211 16,210 22.868 25,211 6,337 139,310 108.734 535 28,312 10,329 147,91Q nfne an Aclivilles undertaken diieclly Grant lundlng of aclivllies 6,408 6,408 11,838 Total 6.408 6,408 11,838 Aclivllies undertaken directly Gr8nl lurlding of a¢llvilies 4.700 4,700 7.000 Tol81 4,700 4,71)0 7,000 108,734 635 28,312 21,437 169,018 158,148 15
HEMEL HEMPSTEAD COMMUNITY CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Aotlvltl•s und•rtak•n dlroolly Olher eosls relaling lo advancement ol the Christian faith compflse: Rent 7,550 Equlptnent and repalis 248 Social events and calerln9 1.270 Telephone and Inlerngl 158 Pfinling, postage and Gtalionery 204 Insurance and licences 1,730 Motor and travel 3,701 idisltors from India and Nepal 3,623 Young people 170 Lllerature and Irainlng 2,752 Hospilalily and ouirea¢h 2,498 Bank ¢liargos Indepeildent examlners fee Sundry expcn$es Unrestrioted Restricted 2026 2024 7.550 248 1,270 158 204 1.730 3.701 S,941 170 2,752 2,498 36 1,080 974 7.350 493 1.687 308 197 1,365 3,056 2.318 32 2,346 1,446 50 1,000 854 1,080 974 26,994 2,318 28,312 20,184 Qrants payabl• Grants to Inslllutlons Grunts to Indlvldugls Tot•1 2026 Total 2024 Advancement of Ilie Chtislian Faith Rellef of needs and hardships Provislon of soclal vlfare ¢ommunity facilities 3,468 6,474 2,400 6,861 934 2,300 10,529 6,408 4,700 16,210 11,838 7.000 11,342 10,095 21,437 35,048 Re511icled Grants Unresliicled Giants 2,861 18,686 1,938 33,110 21,437 35,048 Granls to Inslllulions relating Io advancement of the Chrlslian fallh comprisg: Harvest Alliance UK Youth Across Hemel Christian Resouices for Primary Schools 3,468 4.854 500 500 3A68 5,854 Granls to inslilulions relating lo relief of needs and hardship comprise-. Roule 61 {Inlernalionall Cornergale Foundation 4,274 1.200 10,638 1,200 6,474 11,838 16
HEMEL HEMPSTEAD COMMUNITY CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR fHE YEAR ENDED 31 MARCH 2025 2025 2024 Gmnts payAbl• (oontlnu•d) Grants lo inslilulions relating lo provision of social welfare communlty facililies comprise.. Llberty Tea R¢$ and Communty14ub Heart for Klds 2,400 6,000 1,000 2,400 7,CQO Support ¢OGts Staff cos18 26.211 22,868 10 Trusteos David Young's remuneralion paid in Ilie year was £ 62,705 12004., £60,005) No Tiuslees clalmed expcns¢s lo fulfil their dulles (2024.. N¢n81 11 Employtsos Numb•r of •mployo•s The average monllily number of cmployees during Iho year wa$: 2025 Numbor 2024 Number Pasloral Treasurer Adminlslralion Smploymontoosts 2026 2024 Wages and salaries Soclal security costs Pension contributions NIC employmenl allowance 103,262 10,194 288 (s,ooo> 97,570 9.419 230 (Jr,000) 108,734 102,219 The Ifusleès delegated key man8gemenl conlfol during the period and al Ihe dale ol this report lo David Young. David Young is employed by the charily lo provide seNices lo the charity as permilled by ils Memomndurn and Articles of As51xialion. One employ¢e received annual emoluments 01 £60,000 or fflore12024: 1) 17
HEMEL HEMPSTEAD COMMUNITY CHURCH NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Tanglblo flxod assots Fixtur•s, flttlngs & oqulpmont Cost Al 1 Aprll 2024 Additions 12,201 95 At 31 Maroh 2026 12,296 D•pioolation Al 1 April 2024 Charge for the year 10,047 535 At 31 MAroh 2026 10,682 N•t book volu•: At 31 Maroh 20245 1,714 At 31 Miroh 2024 2,164 13 Doblo 2026 2024 Income lax recoverable Prepaymonls and accfued income Olher deblors 12,372 933 3,148 14.784 1,378 1,907 16,463 18,069 14 Crodltors: amounts falllng duo wllhln ono yoar 2025 2024 Taxes and social security A¢crLials 2,364 3,171 2,176 7,277 5.636 9,453 18
HEMEL HEMPSTEAD CQMMUNITY CHURCH NOTES TO THE ACCOUNTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2026 16 R•strlot•d funds The Incom6 fund8 of Ihe charlly Include reslficled funds comprlsin9 the lollowlng unexpended balances ol donallons and grants held on Irusl lor specifi¢ purposes: Movom•nl In lunds Bol#ntto at 1 April 2024 Inoomlng r•sour¢os RosouM•s •xpend•d Trans1or5 Balon¢• at 31 Maroh 2026 Special grfls fund 3.086 2,851 (5.169) 768 The speclal glfts lund represents monles given foi specifi¢ purposes which hav¢ not yel been dislribuled lo the relevant Inslilulions or Indlviduals. FOR THE YEAR ENDED 31 MARCH 2024 Mavomont In funds Balqno• At 1 Aprll 2023 Inaomlng rosourc R•souro•s OXPond•d Transhws BAIAn¢e at 31 Miiah 2024 Speclal gifts fund 3,086 2,938 12,938) 3,086 16 Analysls Of n•t assots bètW•on funds Rostrlolod funds Total Unrostrlat•d Fund balanccs al 31 March 2025 are represented by-, Tangible fixed assets Currenl 8ssels Ciedilors.. amoun1$ falling due wilhin one year 1.714 111.999 {5,535) 1,714 112,767 16,636) 768 108,178 768 108,948 17 Rolatod party tfansaotlons Caroline Young, wilp ol L)avid Young, rcceived a salary 01 £22,621 (2024.. £21,647) and is also a liuslee of Cofncrgale Founddlion which iecelvcd donations lolalling £1.20012024.' £1,200) JemiTl¢l Yourig, daughler of David Yourig, recelved a salary 01 £15,834 (2024.. PI 3,890) David Young and Caioline Young are Iruslees of Harvesl Alliance UK which received donalions lotalling £3,46812024'. £4,854) David Youno was, until 31. May 2024, and S8rah Bennell, wife of Chiislopher Bennell and daughler of Robert T8te. Is a Iruslee of Route 61 (Inlernalional) which received donations lolalling £4.274 (2024.. £10,638) Trustee donalions received for Ihe year lolalled £34,02612024'. £59,319) 19