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2022-03-31-accounts

Registered Charity no. 1106417

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022 FOR THE LIVING HOPE INTERNATIONAL CHARITY

Page 1

LIVING HOPE INTERNATIONAL CHARITY CONTENTS PAGE FOR THE YEAR ENDED 31ST MARCH 2022

Page
Report of the Trustees 3 to 7
Independent Examiner's Report 8
Receipts and Payments Account 9
Statement of Assets and Liabilities 10
Notes to the Receipts and Payments Accounts 11 - 13

Page 2

LIVING HOPE INTERNATIONAL CHARITY TRUSTEES REPORT FOR THE YEAR ENDED 31ST MARCH 2022

The Trustees present their report together with the financial statements of the charity for the year ended 31st March 2022.

Our work during this period has been undertaken within the context of the COVID-19 pandemic.

Reference and Administrative Details

Trustees

Mr Jeremy Parkes (retired October 2021) Mrs Lois Claire Parkes Mr Christopher Vincent Welch (retired October 2021) Mr Daniel Parkes Mr David Cookson

*Mrs Lois Claire Parkes and Mr Daniel Parkes are unrelated – not connected by birth or family.

Charity Name and Registration Number

Living Hope International 1106417

Operating Name and Registered Office Address

Living Hope Church Brindley House 48-50 Hall Street Dudley West Midlands DY2 7DT

Lead Pastor

Mrs Lisa Parkes

Organisational structure

The charity was created by Trust Deed on 3[rd] October 2004.

Page 3

LIVING HOPE INTERNATIONAL CHARITY TRUSTEES REPORT FOR THE YEAR ENDED 31ST MARCH 2022

Governance and Management

Appointment of trustees

Trustees are appointed or reappointed annually at the annual general meeting held in October.

Risk policy and review

The trustees have examined the major strategic, business and operational risks that the charity faces and consider that they are adequately mitigated through insurance, strategic planning, policies, systems and procedures.

During this period the most significant risks have been those associated with the COVID-19 pandemic and the management of operations coming out of national restrictions to re-establish weekly gatherings and in-person activities.

Safeguarding

Trustees are assured of the ongoing implementation (and appropriate adaptation) of our safeguarding processes and procedures during this period. Our Safeguarding Children, Young People and Vulnerable Adults Policy is reviewed and updated as required. Despite the operational challenges of COVID-19 we continued to engage with our independent safeguarding advisors Thirtyone:eight (formerly CCPAS) in the effective management of safeguarding risk and response to any concerns identified or disclosed.

Networks and Membership Groups

Living Hope Church is a member of the ELIM NETWORK. Elim is a growing movement of Christian congregations in the UK and Ireland committed to making disciples, developing leaders, growing churches and reaching nations.

Volunteers from partner churches and organisations were secured for our work in this period (particularly with our REVIVE Project). We are grateful to our partners from local churches including through the DUDLEY CHURCHES TOGETHER and the LOVE DUDLEY network (THE BLACK COUNTRY NET).

Page 4

LIVING HOPE INTERNATIONAL CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022

Objectives and Activities

The objects of the charity are:

Achievements and Performance

The COVID-19 pandemic and associated government restrictions continued to impact aspects of how Living Hope Church operated and how activities were undertaken in relation to its charitable objects during the first half of this period.

The ‘new ways of working’ established during ‘national lockdowns’ provided a platform to build on for church congregation and volunteers.

‘LHC Online Church’ (broadcasted via ‘YouTube’ and hosted virtually via ‘Zoom’) continued to be the most prominent expression of collective worship during the first half of this period. Church members connected together more readily using social media platforms and we were encouraged by new people engaging with the church through our online content (and despite having no prior association with the church).

Our first full in-person gathering for collective worship was Easter Sunday 2021; we met in-person for a ‘drive in’ Easter service on the car park of our church offices at Brindley House, Dudley. Online broadcasts for Sunday services continued until the Autumn when we re-started our in-person collective worship. We are grateful for the support and generosity of other local churches who made their buildings available to us for our Sunday services. We met at Grace Community Church (Pensnett) in September before moving to Park Congregational Church (Dudley) in October, where we gathered each week for the remainder of this period.

During this period our work in relation to our charitable objectives transitioned from activities significantly influenced by COVID restrictions to the re-start of more traditional / typical in-person activities. Building on the innovations established as a result of the pandemic, while returning to more typical activities in the second half of this period, we delivered:

Page 5

LIVING HOPE INTERNATIONAL CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022

During this period our REVIVE Project continued to be a critical programme delivering online holiday clubs and food parcels for families impacted by the COVID-19 pandemic. Having established a model for growth last year, we further developed the programme particularly for the Easter and Whitsun school holidays, 2021. Local schools identified families who would benefit the most and Dudley Council partfunded food and resources via additional grants. Growing beyond our previous operations, and in partnership with Black Country Food Bank, Church leaders, members and volunteers from local churches worked together to meet unprecedented need with an unprecedented response.

Our REVIVE PROJECT work in this period included:

The growth and impact of our work with this project is illustrated clearly with the numbers of disadvantaged and vulnerable children supported:

Feedback from families who benefitted from our REVIVE project in this period included:

During this period our community youth engagement work (undertaken in partnership with PHASE TRUST) continued in the form of ‘detached youth work’ meeting outside with local teenagers each week. These activities were re-established in Grange Park, Dudley, adjacent to the Park Congregational Church building that we were using for Sunday gatherings for the second half of this period. As COVID guidance and appropriate risk assessments were updated, we were able to provide a safe, warm environment (in the church building) as well as food and refreshments for young people during the winter months.

The global pandemic continued to impact the work of our mission partners in Albania and Lebanon during this period. Planned pastoral and ministry visits overseas continued to be postponed, however, the confidence to innovate with our mission partners overseas (including online video calls and meetings) meant we were able to host ‘LIVE video conversations’ and interviews during our Sunday church services in the second half of this period.

Page 6

LIVING HOPE INTERNATIONAL CHARITY REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022

This ensured many more people were updated, engaged, re-introduced, or introduced to the work of our overseas partners for the first time.

Future Developments

2022/23 will be an exciting and significant year for us. We plan for 2022/23 to be a year of building and re-building. We plan to re-build our weekly in-person congregational gatherings each Sunday.

We have plans for our first baptism service (post-pandemic) and we look forward to prominent inperson celebrations at Christmas and Easter as well as to acknowledge the Queen’s Platinum Jubilee.

Building on our Elim Network membership, we plan, subject to COVID guidance, to take a group of young people to attend the Limitless Festival in August 2022.

September 2022 marks our 20-year anniversary as Living Hope Church. We plan to host a community weekend that combines anniversary celebrations and the official opening of a new ‘home’ for our church.

We plan to establish our ‘home’ on the Russells Hall estate – a community we have served for many years. Through agreement with the Church of England Diocese of Worcester, we plan to move into the former Church of St Barnabas building, providing a permanent home for congregational worship and a community hub centre to better meet the needs of the local communities we serve in Dudley.

We look forward to re-building many of the mid-week activities and programmes that were postponed or ‘moved online’ during the pandemic. We look forward to building new activities and programmes (including those made possible by a new permanent ‘home’) that meet the needs of people and enable us to demonstrate the hope of God’s love more effectively.

Financial Review

The net outgoing unrestricted resources including designated funds before transfers for the year amounted to (£3,473) (2021 incoming unrestricted and designated resources £4,223). The net outgoing restricted resources before transfers for the year amounted to (£15,880) (2021 incoming restricted resources totalled £24,022). Transfers between funds are detailed in note 4 of the accounts. At 31st March 2022 unrestricted funds amounted to £16,110 (2021 £19,227) designated funds amounted to £6,849 (2021 £7,205) and restricted funds amounted to £36,416 (2021 £52,296)

Reserves and reserves policy

Our reserves policy is to maintain a minimum of two months minimum operating costs as a contingency fund.

Approved by the trustees on 20[th] January 2023 and signed on their behalf by Mrs Lois Parkes.

Page 7

LIVING HOPE INTERNATIONAL CHARITY INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31ST MARCH 2022

I report on the accounts for the year ended 31st March 2022.

Responsibilities and basis of report.

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

The accounts do not accord with those records.

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 proper understanding of the accounts to be reached.

S A Reeves

S A Reeves FCCA S A R Accountants Redditch

20th January 2023

Page 8

LIVING HOPE INTERNATIONAL CHARITY RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2022

Notes
RECEIPTS
Tithes and offerings
5a
Donations
5b
Gift Aid tax recovered
5c
Grants
5d
Receipts from charitable activities
5e
Interest and dividends
5f
TOTAL RECEIPTS
PAYMENTS
Direct charitable activity
6a
TOTAL PAYMENTS
NET OF RECEIPTS/PAYMENTS
Transfers between funds
CASH FUNDS AS AT 31/03/21
CASH FUNDS AS AT 31/03/22
4
Unrestricted
Funds
2022
£
37,713
-
8,234
-
-
-
45,947
49,064
49,064
(3,117)
-
19,227
16,110
Designated
funds
2022
£
100
-
-
-
-
-
100
456
456
(356)
-
7,205
6,849
Restricted
Funds
2022
£
-
2,930
-
2,097
-
35
5,062
20,942
20,942
(15,880)
-
52,296
36,416
Total Funds
2022
£
37,813
2,930
8,234
2,097
-
35
51,109
70,462
70,462
(19,353)
-
78,728
59,375
Total Funds
2021
£
35,753
3,100
9,672
57,404
770
10
106,709
78,464
78,464
28,245
-
50,483
78,728

Page 9

LIVING HOPE INTERNATIONAL CHARITY STATEMENT OF ASSETS AND LIABILITIES AS AT 31ST MARCH 2022

Notes
Unrestricted
Funds
2022
£
Cash funds
Current account
16,110
Deposit accounts
-
4
16,110
Other monetary assets
Gift aid recoverable
773
Assets for charitable use
Fixtures & Fittings
-
Equipment
-
Designated
funds
2022
£
6,849
-
6,849
-
185
727
Restricted
Funds
2022
£
18,669
17,747
36,416
-
-
-
Total
Funds
2022
£
41,628
17,747
59,375
773
185
727
Total
Funds
2021
£
61,016
17,712
78,728
664
248
1,085

The financial statements were approved by the Board of Trustees on 20th January 2023 were signed on its behalf by:

Mrs Lois Parkes Trustee

Page 10

LIVING HOPE INTERNATIONAL CHARITY NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2022

The charity trustees were neither paid nor received any benefits from employment during the year.

2 Staff Costs

The average monthly number of employees during the year was 1 (2021: 2)

No employees received emoluments in excess of £60,000

3 Related party transactions

During the year Lisa Parkes, daughter in law of trustee Jeremy Parkes, received remuneration of £17,508 (2021 £14,631) and pension contributions of £525 (2021 £515).

4 Movement in funds

The movements in designated and restricted funds during the year were:

General (unrestricted)
Designated
Evangelical & Discipleship
Vision Fund
Little Stars
Restricted
Albania General
Albanian Bequest Fund
Allchurches
Elona School
Holiday Activity
Heart of England Baptist
Innovation Fund - Little stars
Innovation Fund - Revive
Lottery - Revive
Total funds
Balance b/fwd
Receipts
Payments
Transfers
Balance c/fwd
01/04/2021
31/03/2022
£
£
£
£
£
19,227
45,947
49,064
-
16,110
4,206
-
456
-
3,750
2,999
-
-
-
2,999
-
100
-
-
100
7,205
100
456
-
6,849
175
2,220
1,990
-
405
17,712
35
-
-
17,747
4,485
-
4,488
49
46
(168)
710
-
-
542
8,367
(3,000)
4,821
(117)
429
5,000
-
3,397
(1,603)
-
6,842
5,097
1,210
-
10,729
-
-
289
2,806
2,517
9,883
-
4,747
(1,135)
4,001
52,296
5,062
20,942
-
36,416
78,728
51,109
70,462
-
59,375

Page 11

LIVING HOPE INTERNATIONAL CHARITY NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2022

5
Further analysis of Receipts
Receipts
a)
Tithes and offerings
Tithes & gifts
Church offering
b)
Donations
Specific donation - Albania
Specific donation - Elona
Specific donation - Lebanon
c)
Gift Aid
Gift Aid tax recovered
d)
Grants
Grants from institutions
e)
Receipts from charitable activities
Holiday hunger/Revive Income
f)
Interest and dividends
Bank interest
TOTAL RECEIPTS
Unrestricted
Funds
2022
£
31,575
6,138
37,713
-
-
-
-
8,234
-
-
45,947
Designated
funds
2022
£
100
-
100
-
-
-
-
-
-
-
-
100
Restricted
Funds
2022
£
-
-
-
2,220
710
-
2,930
-
2,097
-
35
5,062
Total
2022
£
31,675
6,138
37,813
2,220
710
-
2,930
8,234
2,097
-
35
51,109
Total
2021
£
35,052
701
35,753
1,920
720
460
3,100
9,672
57,404
770
10
106,709

Page 12

LIVING HOPE INTERNATIONAL CHARITY NOTES TO THE RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2022

6
Further analysis of Payments
Payments
a)
Direct charitable activity
Ministry salaries
Ministry pension costs
Training & CPDL
Benevolence Gifts
Visiting speakers
Travelling & motor expenses
Mission - outgoing support
Mission - direct gifts
Evangelism and Alpha
Hospitality
Children & Youth
Revive Holiday Club
Revive craft & activities
Revive professional fees
Revive consumables & packaging
Revive food & refreshments
Revive communications
Revive - licenses & subscriptions
Little Stars
Little Stars craft
Rent - Sunday & Lock up
Rent - office
Rent - other
Insurance
Equipment
Repairs & renewals
Books, publications & media
Licenses & subscriptions
Professional fees
Office sundries
Telephone, broadband & mobiles
Bank charges
TOTAL PAYMENTS
Unrestricted
Funds
2022
£
15,717
525
246
2,561
220
25
9,540
850
166
1,346
437
-
6
-
-
213
57
-
-
-
1,108
6,254
-
686
1,737
8
111
1,704
4,397
630
421
99
49,064
Designated
funds
2022
£
-
-
60
-
-
-
60
-
30
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
6
-
300
-
-
-
456
Restricted
Funds
2022
£
1,791
-
-
-
-
1,990
-
-
-
722
4,902
5,614
142
225
395
120
1,240
802
-
-
-
-
2,999
-
-
-
-
-
-
-
20,942
Total
Total
2022
2021
£
£
17,508
22,181
525
709
306
150
2,561
2,030
220
120
25
-
9,540
10,040
2,840
2,821
226
11
1,346
227
467
309
722
9,308
4,908
6,180
5,614
6,098
142
2,421
438
79
452
124
120
33
1,240
1,001
802
665
1,108
936
6,254
5,007
-
53
686
454
4,736
490
8
135
117
278
1,704
1,013
4,697
4,389
630
516
421
534
99
152
70,462
78,464

Page 13