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2023-08-31-accounts

HOPE COMMUNITY CHURCH HINCKLEY YEAR ENDED 31°" AUGUST 2023

HOPE COMMUNITY CHURCH HINCKLEY

Charity No. 1108872

FINANCIAL ACCOUNTS FOR THE YEAR ENDED 31°? AUGUST 2023

ARMSTRONGS BISHOP SIMMONS LIMITED GETHIN HOUSE

36 BOND STREET NUNEATON WARWICKSHIRE CV11 4DA

HOPE COMMUNITY CHURCH HINCKLEY YEAR ENDED 315! AUGUST 2023

CONTENTS

PAGES 3

4-6 7 8 10 11-14

Reference and administrative details Report of the Trustees

Report of the Independent Examiner Receipts and Payments Account Statement of Assets and Liabilities Notes to the Accounts

HOPECOMMUNITYCHURCH HINCKLEY YEAR ENDED 315! AUGUST 2023 REFERENCEAND ADMINSTRATIVE DETAILS

CONSTITUTION

The Church operates under a Deed of Trust dated 30" December 2004

REGISTERED CHARITY NUMBER

1108872

TRUSTEES

Christopher Norman (Chair) Philip Wells (Treasurer) from June 2023

Joanne Poultney from June 2023 Andrew Smith (interim Secretary) from July 2023 Michael Smith (former Chair) resigned March 2023 Elaine Hooton resigned Aug 23

Richard Williams (former Secretary) resigned April 2023

PRINCIPAL ADDRESS

Deveron Way, Hinckley Leics. LEL0 OXD

BANKERS

HSBC 2 — 6 Gallowtree Gate Leicester Leics. LE1 1DA

INDEPENDENT EXAMINER

Armstrongs Bishop Simmons Limited Chartered Accountants Gethin House 36 Bond Street Nuneaton Warwickshire CV114DA

SOLICITORS

Pearce Legal The Corner House 60 Colebank Road Hall Green Birmingham B28 8EY

Page 3

The Church also gave grants to organisations and individuals in the UK & abroad in pursuit of its objectives.

ACHIEVEMENTS AND PERFORMANCE Sunday meetings: Meetings continue to be held weekly, Most of the congregation meet in the building whilst the service is available online. Use of the building by outside groups: There are a variety of local groups that use the facilities during the week, groups including; Squirrels, Beavers, Cubs and Scouts, The Women’s Institute, Kung Fu, as well as others from time to time. Foodbank: Support, by means of free use of the building and storage facilities, continues to be given to Hinckley Area Foodbank who run one of their distribution sessions from Hope Community Church. This is a service which collects, organises and distributes food to those in need around the area. As at the 1** September 9015 the Foodbank became an independent charity, part of Hinckley Christian Community Action Reg’d No 1154754.

YWAM India: Donations have been made to YWAM’s base in India, to help continue their work in their local area.

Page 4

HOPE COMMUNITY CHURCH HINCKLEY YEAR ENDED 315? AUGUST 2023

FINANCIAL REVIEW

The increase in financial reserves was a total of £17,239 (2022 £16,869: an increase of £370). Total income was £72,061 (2022 £189,611). The significant decrease in total income is due to the closure of the Preschool at the end of August 2022.

There is no formal reserves policy apart from good stewardship. The church is managed by an office manager, a financial administrator and an administrator. All staff are permanently employed.

FIXED ASSETS

The Trust charges the full cost of the purchases of small items of equipment less than £500 directly to revenue in the year in which they are acquired. The Trust owns the Church Building in Deveron Way, which is included in the Balance Sheet at £86,073. This has been capitalised at the book value at time of transfer as held in the accounts of Hollycroft Church. The cost of the extension to the rear of the existing Church Centre amounting to £425,655 was capitalised in the accounts in the year the expenditure was incurred. Under accruals accounting the cost was depreciated at 2% on a straight line basis from September 2009 to August 2012. Since then, the accounts are being prepared on a receipts and payments basis, so no further charge is to be made in the accounts for depreciation, as receipts and payments accounts do not have to account for changes in the value of assets.

TRUSTEES

The Trustees serving during the period was Christopher Norman, who agreed to be chairman. Resignations in this period included; Michael Smith (former Chair) March 2023, Richard Williams (former secretary) April 2023, Elaine Hooton (August 2023) New appointments in this period include; Philip Wells, Treasurer (June 2023), Joanne Poultney from June 2023, Andrew Smith (interim secretary) from July 2023.

TRANSACTIONS WITH RELATED PARTIES Abbie Carter, daughter of Michael Smith (Chair of Trustees until March 2023) resigned in July 2023. The original employment was made on an arm’s length basis authorised by other Trustees, with a total amount paid during the year 2022-2023 being £2802.34. Jenny Wells, administrator to the church and wife of Philip Wells (Trustee from June 2023). The original employment was made before Philip became a Trustee. The total amount paid during the year 2022-2023 being £2330.31. Joanne Poultney, finance administrator to the church (Trustee from June 2023). The original employment was made before Joanne became a Trustee. The total amount paid during the year 2022-2023 being £3141.82. No other Trustee benefit subsisted during the year other than those disclosed below; specifically, no loans were made to or received from any other Trustee.

Page 5

HOPE COMMUNITY CHURCH HINCKLEY YEAR ENDED 315! AUGUST 2023

Name of Trustee or Legal Authority (e.g. Order, Amount Paid or Benefit Value Connected Pa Governing Document Etc. ee Cee See eee Employment Contract £3882 £2802 Jenny Wells Employment Contract ae 2330

Grants made over £1,000

P Arumugam P Leage

£ 1,800 2,400

PLANS FOR THE FUTURE Hope Community Church is led by a team including Julia Goslin, Ian Goslin, Philip Wells and Jenny Wells. Church partners are updated through regular meetings throughout the year. & Neetaigcee

Signed on behalf of the Trustees

4" December 2023

Date

Page 6

HOPE COMMUNITY CHURCH HINCKLEY YEAR ENDED 315' AUGUST 2023

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOPE COMMUNITY CHURCH HINCKLEY FOR THE YEAR ENDED 31 AUGUST 2023

[ report to the charity trustees on my examination of the accounts of the charity for the year ended 31 August 2023 which are set out on pages 8 to 14.

Responsibilities and basis of report As the charity’s trustees 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 charity’s accounts carried out under section 145 of the 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:

Mrs J A Biggs, FCCA, CTA Armstrongs Bishop Simmons Limited Chartered Accountants Gethin House 36 Bond Street Nuneaton CV114DA

Date: 4" December 2023

Page 7

HOPE COMMUNITY CHURCH HINCKLEY YEAR ENDED 315" AUGUST 2023

Prior year funds

Receipts and Payments Account

Total funds

Income and endowments
Donations and legacies
GiftAid Refund
Gifts & Donations Received
8,617.33
43,955.53
10,414.89
62,933.22
TotalDonationsandlegacies 52,572.86 73,348.11
Income from charitable activities
Fusion
Hall Hire
JustOlderYouth CoffeeMorning
Rocky Kids Friday
Subs&Fees paid
TotalIncome from charitable activities 1,324.88
5,946.00
2,136.81
1,430.82
—_
10,838.51
1,538.54
6,212.00
682.86
381.63
14,000.16
22,815.19
Othertrading activities
Fundraising
Total Othertrading activities 1,749.88
1,749.88
2,622.27
2,622.27
Investments
Bank interest
TotalInvestments 326.06
326.06
9.84
9.84
Other income
Events& Special Clubs
Government Funding
Grants Received
Miscelleanous
OffsetCosts
TotalOtherincome


194.13
6,379.75
6,573.88
510.00
85,476.86
500.00
3.56
4,324.72
90,815.14
TOTALINCOME £72,061.19 £189,610.55
Expenditure
Expenditure on charitable activities
Bank Charges
BuildingMaintenanceGenand upkeep
Cleaning&Consumables
CopyrightMembership Legal
Craft
DBS's
Dadz
EYPP Spent
Electricity
Expenses (Misc)
Fundraising COSTS/SPENT
Furnishings&Equipment
Fusion
Gas
Gift Donations&GrantPd -Org
GiftDonations&Grants Paid - Individua
GrantsSpent
Hope KidsSundayam
JustOlderYouth Coffee Morning
Mileage
Miscellaneous
OtherCommunity Events
Pension Contributions
Photocopier
122.13
9,889.64
577.65
5,998.22

243.00


2,232.00

169.70
752.29
272.61
3,744.00
200.00
4,850.00
_
32.89
1,542.22
25.20
194.13


750.87
78.63
907.33
1,617.20
6,698.52
391.24
117.50
1.40
50.97
2,046.00
254.25
473.57
706.30
1,113.65
6,721.51
100.00
6,728.90
500.00
10.03
376.97

598.00
61.39
5,230.66
1,031.30

Page &

HOPE COMMUNITY CHURCH HINCKLEY YEAR ENDED 318" AUGUST 2023

Preschool Fees repaid _- 856.98
Refreshments General 285.50 588.74
Resources
RockyKids Friday
Salaries
Software
11.79
868.44
19,919.71
79.99
67.48
290.21
164,243.34
104.92
Stationery&Postage
Telephone
84.84
726.95
161.41
1,097.76
Toys & Group Resources 274.49
Training & Conferences 532.00
Trips, Events & Special Clubs a 739.67
Uniforms & Clothing
Upkeep& Costs Hall hire
—_
117.51
369.64
329.00
Waste Collection
Water
1,049.05
81.51
901.75
46.98
TotalExpenditureon charitable activities 54,821.84 206,479.69
TOTALEXPENDITURE £54,821.84 £206,479.69
Excess ofIncome andendowments
Broughtforward balance
Transfers to/(from)
over Expenditure 17,239.35
504,764.36
(16,869.14)
521,633.50
Carriedforwardbalance 522,003.71 504,764.36

Page 9

HOPE COMMUNITY CHURCH HINCKLEY , YEAR ENDED 315! AUGUST 2023

Statement of assets and liabilities

----- Start of picture text -----
General Designated Restricted Endowment This year Last year
Fixed assets - Tangible assets
Church Building - 86,072.46 — 425,656.00 — 511,728.46 511,728.46
Church Building Accumulated Depreciation - (9,918.00) — (20,784.46) - (30,702.46) (30,702.46)
Fixtures & Fittings - 29,109.82 — — — 29,109.82 29,109.82
Fixtures & Fittings Accumulated Deprecia - (25,241.82) — — — (25,241.82) (25,241.82)
Totals 80,022.46 _ 404,871.54 —
484,894.00 484,894.00
Current assets - Cash at bank and in hand
Lioyds No.1 Current Account - 255,827.74 24,728.42 (279,304.12) — 1,252.04 1,252.04
Lloyds No.1 Current Account - — (250.00) (1,002.04) — (1,252.04) (1,252.04)
Lioyds No. 1 Savings Account - (11,983.32) — 11,983.32 — — —
Stewardship No. 1 Account - 37,413.35 (15,288.05) (22,125.30) —
— —
HSBC Current Account - 42,820.39 (4,309.07) (24,929.92) — 13,581.40 15,597.95
HSBC Current Account - = = (212.94) _ (212.94) (212.94)
HSBC No 1 Savings Account - 11,701.69 1,489.46 9,995.56 — 23,186.71 6,261.40
Petty Cash - No. 1 Acc - 2,182.21 (1,777.64) (37.45) _ 367.12 421.79
Petty Cash - No. 1 Acc - — (306.12) (61.00) _ (367.12) (367.12)
Lloyds No. 2 Current Account - (265,922.20) 9,822.25 256,099.95 ~- —
Lloyds No. 2 Savings Acc. - (35,365.27) (6,097.19) 41,462.46 - — —

Stewardship High Interest No. 2 Acc - 3,653.00 — (3,653.00) — — oa
HSBC No 2 Savings Account - (8,590.72) — 19,554.26 _ 10,963.54 10,591.78
Totals 31,736.87 8,012.06 7,769.78 — 47,518.71 32,292.86
Current assets - Debtors
Debtors - Inland Revenue Gift Aid due - 676.50 (87.50) 87.50 _ 676.50 1,577.50
Totals 676.50 (87.50) 87.50 _ 676.50 1,577.50
Liabilities - Creditors: Amounts falling due
after more than one year
Loans from Individuals - 11,085.50 — —
— 11,085.50 14,000.00
Totals 11,085.50 -— _ _ 11,085.50 14,000.00
SE eS AR SER ORS SIT Se Ne NPR a aS RCN Pa NE
Grand total 101,350.33 7,924.56_ 412,728.82, 522,003.71 ___ 504,764.96 _
----- End of picture text -----

Page 10

HOPE COMMUNITY CHURCH HINCKLEY YEAR ENDED 315!T AUGUST 2023

Fund movement by type

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |Opening|Incoming|Outgoing|Transfers|Gains/losses|Journals|Closin| |Build|- Building,|Equipment| |Designated|979.58|4,384.67|8,762.77|4,241.03|—||842.51| |Restricted|1,761.58|—|1,761.58|—|—||| |Sub-total|for Build|2,741.16|4,384.67|10,524.35|4,241.03|—|—|842.51| |COW|- Community|Outreach W| |Designated|288.54|4,892.51|2,683.27|—|—|—|2,497.78| |Sub-total|for COW|288.54|4,892.51|2,683.27|—|—|—|2,497.78| |CommBuild|- Community|Building| |Restricted|404|871.54|—|—|—|—|—|404871.54| |Sub-total|for CommBuild|404,871.64||—~|—|——|—|404,871.54| |Grants|-|Grants| |Restricted||a|—|—|—|—|—| |Sub-total|for Grants|—|—|—|—|—||a| |HKScoll|- Hope|Kids|Sun|coll| |Restricted|376.16||—|—|—|~-|376.16| |Sub-total|for HKScoll|376.16|—-|—|a|—|376.16| |Keyholders|- Keyholders|Deposit B| |Restricted|100.00|25.00|=|(50.00)||75.00| |Sub-total for Keyholders|100.00|25.00||(50.00)|—|—|75.00| |Outreach|- Outreach| |Designated|2,899.17||4,450.00|6,102.47||—|4,551.64| |Sub-total|for Outreach|2,899.17|—|4,450.00|6,102.47|—|—|4,551.64| |PRESCHOOL|-|Preschool| |Restricted|—|115.00|—|(115.00)|—|—|oo| |Sub-total|for PRESCHOOL||115.00|—|(115.00)|—|—|—| |SpecialCol|- Special|Collections| |Restricted|a|—|—|—|—|——|—| |Sub-total|for SpeciaiCol|a||—|=|—|—|| |Vision|-|Vision| |Designated|32.63||||||32.63| |Restricted|7,406.12|—|%|—|--|—|aa|7,406.12| |Sub-total|for Vision|7,438.75|||--||—|7,438.75| |General|- General|fund| |Unrestricted|86,049.04|62,644.01|37,164.22|(10,178.50)|—|—|101,350.33| |Sub-total|for General|86,049.04|62,644.01|37,164.22|(10,178.50)'|a|—|101,350.33| |eeTe| |Grand total|504,764.36|72,061 19|54,821 .84|a=|—|—|522,003.71|

----- End of picture text -----

Page ll

Total Unrestricted Designated Restricted Endowment _ This year Last year

HOPE COMMUNITY CHURCH HINCKLEY YEAR ENDED 315" AUGUST 2023

Analysis of receipts and payments

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |Donations|and|legacies| |0102|- Gifts & Donations Received|43,955.53|—|—||43,955.53|62,933.22| |0111|- Gift Aid Refund|8,617.33|—|—|8,617.33|10,414.89| |Total|52,572.86|—|—|—|52,572.86|73,348.11| |income from|charitable|activities| |0103|- Hall Hire|5,946.00|-——||—|5,946.00|6,212.00| |0105|- Subs & Fees paid|—|~-|—|—|14,000.16| |0108|- Refreshments Gen|—|—|aes|a|—|me| |0109|- Uniforms &|Clothing|IN|a|—|—|—||—| |0115|- Rocky Kids Friday|—|1,430.82|—|—|1,430.82|381.63| |0117|- Fusion|—|1,324.88|-—||1,324.88|1,538.54| |0120|- Lots 4 Tots|——|—|—||| |0121|- Dadz|o|-—|—|—|—|| |0123|- Other Community|Events|—|—|—||—|—| |0124|- Maintenance & Upkeep|Hall|a|—|—|-—||—| |hire| |0125|- Maintenance & Upkeep Spec|—|os|—|—|—| |Coll| |0126|- Community|Initiatives|--|—|—|—|—|—| |0130|- Just Older Youth Coffee|-——|2,136.81|—|—|2,136.81|682.86| |Morning| |0131|-|Unite|ae|=|ne|aa—|Si—|ee—| |0132|-|Craft|@|Hope|—|—|—| |Total|5|946.00|4,892.51||—|10,838.51|22,815.19| |Other trading|activities| |0106 - Fundraising|1,749.88|—|||1,749.88|2,622.27| |Total|1,749.88|—|—|—|1,749.88|2,622.27| |investments| |0104|- Bank interest|326.06|—|—|—|326.06|9.84| |Total|326.06|—|—|—|326.06|9.84| |Other|income| |0101|- Government Funding||—-|--|—|—|85,476.86| |0107|- Offset Costs|1,855.08|4,384.67|140.00|——|6,379.75|4,324.72| |—|—|510.00| |0110|-|Events &|Special|Clubs|—|—|—| |0112|- Grants Received|—|—|—|—|—|500.00| |0113|- Miscellaneous|4194.13|—|—|—|194.13—|3.56—| |0129|-|Early Years|Pupil|Premium||—|_|—| |Total|2,049.21|4,384.67|140.00|—|6,573.88|90,815.14| |INCOME TOTAL|62,644.01|9,277.18|140.00|—|72,061.19|189,610.55|

----- End of picture text -----

Page 12

HOPE COMMUNITY CHURCH HINCKLEY YEAR ENDED 31°' AUGUST 2023

EXPENDITURE

Expenditure on charitable activities
0150 - Salaries
0152 -Mileage
0153 -Expenses (Misc)
0154-PensionContributions
0160 -BuildingMaintenanceGenand
19,919.71
25.20

_
387.74




8,752.27


_

749.63



=
19,919.71
25.20
as
_
9,889.64
164,243.34
_
254.25
5,230.66
907.33
upkeep
0161 -Upkeep&Costs Hall hire
0162 -Maintenance&Upkeep Spec
107.01
10.50
_—
=
_—
--
117.51
329.00
Coll
0163 -Furnishings &Equipment
0170 - Electricity
0171 -Gas
0172 -Telephone
0173 -Water
0180 -Cleaning&Consumables
0181 -Waste Collection
0182 -WindowCleaning
0183 -Refreshments General
0184 -Tuck
0185 -Trips, Events&SpecialClubs
0186 -DBS's
0187 -Training&Conferences
0188 -Uniforms&Clothing
0190 -Photocopier
0191 - Stationery&Postage
0192 -Resources
0193 -Software
0194 -Craft
0195 -Toys&GroupResources
0200 -BankCharges
0201 -PreschoolFeesrepaid
0210 -CopyrightMembership Legal
0220 - GiftDonations&Grants Paid -
94.34
2,232.00
3,744.00
726.95
81.51
577.65
1,049.05

285.50


243.00


396.87
84.84
11.79
79.99


122.13

5,998.22
400.00
















——



-—


4,450.00
657.95













354.00

—-

















:









--

752.29
2,232.00
3,744.00
726.95
81.51
577.65
1,049.05

285.50


243.00


750.87
84.84
11.79
79.99


122.13

5,998.22
4,850.00
706.30
2,046.00
6,721.51
1,097.76
46.98
1,617.20
901.75
a
588.74
--
739.67
117.50
532.00
369.64
1,031.30
161.41
67.48
164.92
391.24
274.49
78.63
856.98
6,698.52
6,728.90
Individua
0221 -GiftDonations&GrantPd -
200.00 —- _ 200.00 100.00
oOrg
0230 -GrantsSpent
0231 -EYPPSpent
0250 -RockyKidsFriday
0251 -HopeKidsSundayam
0252 -Fusion
0253 -YouthMentoring
0261 - Lots4Tots
0262 -Dadz
0264 -OtherCommunityEvents
0265 -Community Initiatives
0267 -Fundraising COSTS/SPENT
0269 -Miscellaneous
0270 -JustOlderYouthCoffee



32.89
—-





169.70
194.13
~


868.44

272.61







1,542.22










_










—_
=~



868.44
32.89
272.61





169.70
194.13
1,542.22
500.00
50.97
290.21
10.03
1,113.65
_—

1.40
61.39

473.57
598.00
376.97
Morning
0271 -HALO
0272 - Unite
0273 -Craft
@Hope
Total


_
37,164.22


_
15,896.04
_


1,761.58





—_
54,821.84


—_
206,479.69

Page 13

HOPE COMMUNITY CHURCH HINCKLEY YEAR ENDED 315! AUGUST 2023

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |Other|expenditure| |0165|-|Depreciation|—|—||ree|oon|ee| |0211|-|Rental Costs|—|—|—|ee|as|ais| |0240|- Transfer of Assets|—|—|—|ae|nice|ial| |Total|—|—||—|=|“| |EXPENDITURE TOTAL|37,164.22|15,896.04|1,761.58|—|54,821.84|206,479.69| |ee|A|ORO|4 Al| |GRAND TOTAL|25,479.79|(6,618.86)|(1,621.58)|—|17,239.35|_ (16,869.14)| |Approved by the Trustees on 4"* December 2023 And signed on their behalf:|

----- End of picture text -----

Christopher Norman, Chair of Trustees

Page 14