HOPE COMMUNITY CHURCH HINCKLEY YEAR ENDED 31ST AUGUST 2024 HOPE COMMUNITY CHURCH HINCKLEY Charity No. 1108872 FINANCIAL ACCOUNTS FOR THE YEAR ENDED 31" AUGUST 2024 ARMSTRONGS BISHOP SIMMONS LIMITED GETHIN HOUSE 36 BOND STREET NUNEATON WARWICKSHIRE CVII 4DA
HOPE COMMUNITY CHURCH HINCKLEY ST YEAR ENDED 31 AUGUST 2024 CONTENTS PAGES Reference 2nd 2dministr2tive details Report of the Trustees Report of the Independent Examiner Receipts and Payments Account Statement of Assets and Liabilities 10-13 Notes to the Accounts
HOPE COMMUNITY CHURCH HINCKLEY YEAR ENDED 31ST AUGUST 2024 REFERENCE AND ADMINSTRATIVE DETAILS CONSTITUTION The Church operates under a Deed of Trust dated 30 December 2004 REGISTERED CHARITY NUMBER 1108872 TRUSTEES Christopher Nornian (Chair) Philip Wells (Treasurer) Joanne Poultney Andrew Smith (interim Secretary) PRINCTPAL ADDRESS Deveron Way, Hinckley Leics. LEIO OXD BANKERS HSBC 2 - 6 Gallowtree Gate Leicester Leics. LEI IDA INDEPENDENT EXAMINER Arnistrongs Bishop Simmons Limited Chartered Accountants Gethin House 36 Bond Street Nuneaton Warwickshire CVII 4DA SOLICITORS Pearce Legal The Corner House 60 Colebank Road Hall Green Birniingham B28 8EY Page 3
HOPE COMMUNITY CHURCH HINCKLEY ST YEAR ENDED 31 AUGUST 2024 REPORT OF THE TRUSTEES st st The Trustees submit their report and unaudited accounts for the period I September 2023 to 31 August 2024. STRUCTURE GOVERNANCE AND MANAGEMENT The Trust is the administrative vehicle for the activities of Hope Community Churcty Hinckley. New Trustees are recommended by the Church Leaders and appointment ratified by the existing Trustees to oversee the work 11 of the Church. The risks facing the Church in all areas have been reviewed, and the Trustees are taking action to minimise the risks so identified. OBJECTIVES ACTIVITIES The advancement of the Christian Faith in accordance with the Doctrines set out in the fourth Schedule of the Trust Document and the worship of God in Hinckley, Leicestershire and elsewhere, by any means whatsoever including (but not by way of limitation) the preaching and proclamation of the Christian Gospel and the teaching of Christian Doctrine and principles and the pastoral care of Christian people and the printing and distribution of the Bible and Christian literature including vidco and audio recordings or electronically and by any other media which is or may become available. Sundays: One main morning meeting and one evening prayer meeting each week D6:7: Mid-week Bible study/worship group JOY (Just Older Youth: Fortnightly lunch and coffee morning for retired people in the community. Dadz Stay and Play: Monthly group for men to meet together with their children and other social gatherings. Rocky Kids: Weekly Friday chilthen's group. Youth: Weekly Friday evening youth group and Catalyst Sunday evening discipleship group. Coffee and Chat: Weekly group open to everyone. Mens, Group: Weekly Bible study group. The Church also gave grants to organisations and individuals in the UK & abroad in pursuit of its objectives. ACHIEVEMENTS AND PERFORMANCE Sunda meetin Meetings continue to b¢ held weekly, Most of the congregation meet in the building whilst the service is available online. Use of the buildin outslde rou There arc a variety of local groups that use the facilities during the weeL groups including; Squirrels, Beavers, Cubs and Scouts, The Women's Institute. Kung Fw cancer rehabilitation groups, as well as others from time to time. Foodbank: Support continued to be given to Hinckley Area Foodbank, who run one of their distribution sessions from Hope Community Church, throughout the year. This is a service which collects, organises and distributes food to those in need around the area. As at the 1st September 2015 the Foodbank became an independent charity, part of Hinckley Christian Community Action Reg'd No 1154754. The Foodbank ran their last session from Hope Community Church on 23, August 2024. They are moving to a new venue which better serves their needs and those of the community. YWAM India: Donations have been made to YWAM, s base in Indi4 to help continue their work in their local area. Page 4
HOPE COMMUNITY CHURCH HINCKLEY ST YEAR ENDED 31 AUGUST 2024 FINANCIAL REVIEW The increase in fllwicial reserves was a total of £20,135 (2023 £17,239: an increase of £2,896). Total income was £66,147 (2023 £72,061). There is no fornial reserves policy apart from good stewardship. The church is managed by an otTice manager, a financial administrator and an administrator. All staff are pernlanently 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 w&s 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 were Christopher Nornian (Chair), Philip Wells (Treasurer), Joanne Poultney and Andrew Smith (interim secretary). TRANSACTIONS WITH RELATED PARTIES 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 totsl amount paid during the year 2023-2024 being £2.595.36. 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 2023-2024 being £3,244.11. 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 ST YEAR ENDED 31 AUGUST 2024 Legal Authority (e.g. Order, Governin Document Etc. Name of Trustee or Connected Pa Amount Paid or Benefit Value 2023 2024 Jenny Wells Employment Contract £2330 £2,595.36 Joanne Poultney Employment Contract £3142 £3,244.11 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. c.Li Signed on behalf of the Trustees 2)£ la 101 Date Page O
HOPE COMMUNITY CHURCH HINCKLEY ST YEAR ENDED 31 AUGUST 2024 INDEPENDENT EXAMINERIS REPORT TO THE TRUSTEES OF HOPE COMMUNITY CHURCH HINCKLEY FOR THE YEAR ENDED 31 AUGUST 2024 I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 August 2024 which are set out on pages 8 to 13. Responsibllities and basis of report As the charity's tteeS you are responsible for the preparation of the accounts in accordance with the requirements of the Chariti¢s Act 2011 ('thc 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(5Xb) of the Act. Independent exAminer's statement I have completed my examination. I confwm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respcct: accounting records were not kept in respect of the charity as required by section 130 of the Act. or 2 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 th•awn in this report in order to enable a proper understanding of the accounts to be reached. Mrs J A Biggs, FCCA, CTA Annstrongs Bishop Simmons Limited Chartcrcd Accountants Gethin House 36 Bond Street Nuneaton CVII 4DA Date: 21 October 2024 Page
HOPE COMMUNITY CHURCH HINCKLEY ST YEAR ENDED 31 AUGUST 2024 Receipts and Payments Account Total funds Prior ear funds Income and endowm•nts Donations and legacies Gfft Aid Refvnd Gifts & Donations ReceNed 8,024.12 40 7(.41 8,617.33 43,955.53 Total Donatlons and legaoes 48, 730.53 52,572.86 Income from charitable activitfies Churth Caterlng Glfts Dadz Fusion Hall Hire Just Older Youth Coffee Moming Rocky Klds Frfday 120.00 20.00 1,328.31 8,417.50 1,912.36 2 275.11 14,073.28 1,324.88 5,946.00 2,136.81 1430.82 10,838.51 Total Income fnxn charltable 8Ctivitie8 Other trading a¢bvities Fundraising 545.66 545.66 Total Other tradlng actlvlties 1,749.88 1, 749.88 Investments Bank interest 767.02 767.02 326.1 326.06 Total Investment8 Other income Miscelleanous Offset Costs 14.99 2 015.84 2,030.83 194.13 6,379.75 6,573.88 Total Other income TOTAL INCOME £66,147.32 £72,061.19 Expendltur• ExndItUr• on charitable activities Bank Charges Building Maintenance Gen and upkeep Church Catering Cleaning & Consumables Copyright Membernhip Legal DBS'S Dadz Electri¢ity Expenses {MisG) Fundraising COSTSISPENT Furnishings & Equipment Fusion Gas Gfft Donations & Grant Pd- Org Gfft Donations & Grants Paid - IndNidua Hope Kids Sunday am Hospitalty Just Older Youth Coffee Momlng Mileage Mlscellaneous Pension Contributions Photcthpier Refreshments General Resources Rocky Kids Friday Salaries Software Stationery & Postage 107.50 6,560.05 172.29 276.73 6,695.55 122.13 9,889.64 577.85 5,998.22 243.CJ) 33.68 1,100.CXI 17.49 2,232.00 169.70 752.29 272.61 3,744.00 200. 4,850.00 32.89 74.42 1,241.20 1,702.94 180.00 4,749.00 112.15 104.87 1,395.39 1,542.22 25.20 194.13 14.99 121.25 176.25 310.54 158.65 1,580.58 18,476.51 79.99 120.84 750.87 285.50 11.79 19,919.71 79.99 Page 8
HOPE COMMUNITY CHURCH HINCKLEY ST YEAR ENDED 31 AUGUST 2024 Telephone Training & CferenceS Upkeep & Costs Hall hire Waste Collection Water 495.05 272.80 55.00 500.50 726.95 117.51 1,049.05 81.51 54,821.84 Total Expenditure on cha17table actsw"tie8 46,011.51 TOTAL EXPENDITURE £46.011.51 £54,821.84 ExGe88 of IrKome and endowments over ExperKliture Brought forward balance Transfers tol(from) 20,135.81 522,(X)3.71 17,239.35 504.764.36 Carrlod forward balance 542,139.52 522,003.71 Statement of assets and liabilities GenerAI Desi ngted Restricted Endowment This ear Last Flxod assets - Tanglbl• a•ts Church Bu*Jing . Church Building A(Mulated twea'ation . Fixtures & Fittlngs - Fixtures & Fitting$ ACGUwl•tod D•pr•da . Totals ear 88,072.46 (9.918.00) 29,109.82 25 241.82 80,022.46 425,656.00 (20.784.46) 511,728.48 (30,702.46) 29,109.82 25 241.82 484,894.00 511.728.46 (30,702.48> 29,109.82 25 241.82 484.894.00 404,871.54 Curr•nt a8s•ts - Cash at bank and In hand Lloyds No.1 Current ACnt - Lloyd3 No.1 Curr8nt Account - Lloyds No. 1 Savings A{unt- Stewardship No. 1 Account - Steward8hp No. 1 Account - HSBC Current Account- HSBC Curr•nt Account - HSBC No 1 Savlngs Account . Petty Cash - Petty Cash - Uoyd3 No. 2 Curr•nt Aceount - Lloyds No. 2 Savings Acc. Stewardship High Interest No. 2 kn- stewardship Hh Interest No. 2 Acc- HSBC No 2 Savlng8 A(rA>unt- 255,827.74 24.728.42 18,261.95 (250.00) (298,568.11) 11,983.32 (15,288.05) (14,559.68) (7,585.62) (5,963.27) (19,179.59) 9,945.56 145.22 (243.67) 256.099.95 41,482.48 298,818,11 298,818.11 (298,818.11) (298,818.11) (11,983.32) 37,413.35 7,565.62 7.565.62 (7,565.62) (7,565.62) 26,234.02 32,548.05 (19,179.59) (19,179.59) 16,365.73 23,186.71 609.79 549.79 (549.79) (549.79) 36,679.50 (4,482.21) 2,014.76 2.182.21 4.405,41 (1,717.64) (306.12) 9,822.25 (6,097.19) (285,922.20) (35,365.27) 3.653.00 3,653.00 (3,653.00) 32,749.74 66,229.90 3,653.00 (3,653.00) 10,963.54 47,618.71 (3,653.00) 19 554.26 7,719.78 13.195.48 37,695.25 Totals 10,814.87 Curr•nt asg•ts . D•btor• Debtors - Inland R•v•nu• Glft Ald due - 1016.62 1,016.62 87,50 187.50> 87.$0 87.50 1015.82 1,016.62 676.50 676.50 Total• Ll•bUltle8 - Cr•dltorn: Amounts falllng du• aftor mor• than ono yoar Loana frorn IndNiual• - Total• 11.086.60 Grand total 118 733.33 10 727.37 412 678.82 542 139.52 522 003.71 Page 9
HOPE COMMUNITY CHURCH HINCKLEY YEAR ENDED 31ST AUGUST 2024 Fund movement by type enin Incomin Out oin Transfers Gainsnosses Journals Closin Bulld - Bulldlng, Equipment DeSnated ReStrted 842.51 1,765.82 3,028.17 2,104.86 suOtal for Bulld 842.51 1,766.82 3,028.17 2.104.86 COW- Communlty Outreach W Designated 2 497,78 2,497.78 5,535,78 6.535.78 4,250,85 1,&51.77 4,250.86 (1,661.77) 2 230.94 2,230.94 suOtal for COW CommBulld - Communlty Bulldlng Rtrted 404 871.54 404,871.64 404 871.54 404,871.54 Sub4otal for cTIMBUIld Grants - Grants RestrKted sUtOtal for Grants HKSGoll - Hope Kld8 Sun coll RestrKted 376.16 376.16 50.00 60.00 326.16 326.16 sUtOtal for HKScoll Keyhold•rn - Keyhold•rn DOplt B Restnctod 75.00 76.00 75.00 76.00 Sub•total for Koyholdors Outreach - Outr•ach D•sBnat•d 4.249.00 4,249,00 6,056.30 6,066.30 6 358.94 6,358.94 Sub4otal for Outr•ach 4,551.H PRESCHOOL- Prnschool Restricted sUtOtal for PRESCHOOL RE8GIft - Restrlcted Glft Restrict•d 120.00 120.00 120.00 120.00 SuHotal for RESGIft Speclalcol - Speclal Coll•ctlons ReStrt•d Sub4otal for Sp•clalCol Vlslon - Vlslon Designated Réstrlcted 32.83 32.63 Sub4otal for Vlslon 7,438.75 7.438.76 Gen•ral . G•neral fund unre8tn.oed 101350.33 60 491.54 35,575.84 7 532.70 101,360.33 60,491.64 36,676.84 (7,532.70) 118 733.33 118.733.33 Sub4otal for Gon•ral Grand total 622 003.71 66 147.32 46011.61 542 139.52 Page 10
HOPE COMMUNITY CHURCH HINCKLEY ST YEAR ENDED 31 AUGUST 2024 Analysis of receipts and payments Total ear Unrestricted Desi nated Restricted Endowment This Last ear INCOME AND ENDOWMENTS Donations and legacies 0102 - Gffts & Donations Received 0111- Gfft Aid Refund 40,7(.41 8 024.12 48,730.53 40,7(.41 8,024.12 48,730.53 43,955.53 Total 52,572.86 Incom• from charltabl• activlt108 0103 - Hall Hire 0108 - Refrnshmonts Gen 0115- Rocky Kids Friday 0116- Hope Kids Sunday am 0117- Fusion 0121- Dadz 0123 - Other Communty Events 0124 . Maintenance & Upkeep Hall hire 0125 - Maintenance & Upk••p Spec cdi 0126 - Cornrnunlty Inltiative8 0130 - Just Oldor Youth Coffee Moming 0140 - Church Catering Gfft8 8,417.50 8,417.50 5,946.00 2,275.11 2.275.11 1.430.82 1,328.31 20.00 1,328.31 20.00 1,324.88 1,912.38 1,912.36 2,136.81 120.1X) 120.CKI 120.CK) 14,073.28 Total 8,417.50 5,535.78 10,838.51 Other tradlng •ctiviti•$ 0106 - Fundraising 545.86 545.66 545.66 545.66 1,749.88 1,749.88 Total Investments 0104 - Bank interest 767.02 767.02 767.02 767.02 326.06 326.1 Totsl Other Income 0107 - Offs8t Costs 0112 - Grants Received 0113 - Miscelleanous 2.015.84 2,015.84 8,379.75 14.99 2,030.83 14.99 2 030.83 66.147.32 194.13 6,573.88 72 061.19 Total INCOME TOTAL 5 535.78 120.00 Page 11
HOPE COMMUNITY CHURCH HINCKLEY ST YEAR ENDED 31 AUGUST 2024 EXPENDITURE Expendlture on charltable activities 0150- Salaries 0152 - Mileage 0153 - Expenses (Misc) 0154 - Pension Contributions 0160 - BuildirvJ Maintenance Gen and upkeep 0181- Upk68p & C08t8 Hall hire 0162 - Maintenance & Upkeep Spec Coll 0163 - Fumishings & Equipment 0170 . Eloarlcty 0171- Gas 0172 - Telephone 0173- Water 0180 - Cleaning & Consumable8 0181- Waste Collection 0182 - Wndow Cleaning 0183- Refre8hments General 0186- DBS'S 0187 - Training & Conferences 0190 - Photocopier 0191- Stationery & Postage 0192 ~ Resources 0193- Software 0200 - Bank Charges 0210 - Copyright Membership Legal 0220 - Grfl Donations & Grants Paid - Individua 0221- Gift Donations & Grant Pd - Org 0230 - Grants Spent 0250 - Rod(y Kids Friday 0251- Hope Kids Sunday am 0252 - Fusion 0253 - YoLrth Mentorfng 0262 - Dadz 0264 - Other Community Events 0265- Communty Inits'atives 0267 - Fundraising COSTSISPE 0269 - Mi8cellan8OU8 0270 - Just Older Youth Coffee Morning 0271- HALO 0280 - Hospitality 0281- Churth Catering 18,476.51 18,476.51 19,919.71 25.20 17.49 121.25 3,816.96 17.49 121.25 5,560.05 1,743.09 9,889.64 ss.00 ss.00 117.51 51.69 1,100.00 1,702.94 495.05 22.73 74.42 1,100.00 1,702.94 495.05 752.29 2,232.00 3,744.00 726.95 81.51 577.65 1,049.05 276.73 500.50 276.73 500.50 310.54 50.66 272.80 176.25 120.84 158.85 79.99 107.50 6,695.55 310.54 285.50 243.00 272.80 176.25 120.84 158.65 79.99 107.50 6,695.55 4,749.00 750.87 11.79 79.99 122.13 5,998,22 4,850.00 4,249.00 160.00 160.00 2(X).00 1,580.58 1,580.58 112.15 1,241.20 868.44 32.89 272.61 62.15 1,241.20 33.88 33.68 169.70 194.13 1,542.22 14.99 14.99 1,395.39 1,395.39 104.87 52.29 35,575.84 104.87 172.29 46,011.51 120.CM) 170.(X) Total 10,265.67 54,821.84 Other expendlture 0165 - Depreciation 0211- Rental Costs 0240 - Transfer of Assets Total EXPENDITURE TOTAL 35 575.84 10 265.67 170.CM) 46011.51 54,821.84 GRAND TOTAL 24 915.70 4,729.89 50.00 20 135.81 17 239.35 Page 12
HOPE COMMUNITY CHURCH HINCKLEY YEAR ENDED 31ST AUGUST 2024 2]-SIP4cuiknd signed on their behalf: Approved by the Trustees on .. Christopher NOrnIa Chair of Trustees Page 13