Hope Community Church (West London) Report and Accounts Year ended 31 March 2025 Stewardshlp Active 8enerosity l.Lanb's Passage, London ECIY 8A8 vMw.stewardship.org.uk AEHU93GZ 2011212025 COMPANIES HOUSE A56
103
HOPE COMMUNITY CHURCH (WEST LONDON) COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 Truste Christopher Donnellan (Resigned March 2025) .Philip Edwards Lourdes Outen Sunil De Silva Key Management Paul Anduuru (Pastor) Florence Mabwa (Assistant Pastor) November 2005 Company Registrallon Number 05631679 Charity R•gi6tration Number 1112694 Reglstered Offlce and ..Principal Address Hope Christs'an Centre . 184 Horsenden Lane s.o.uth Perivale Greenford Middlesex UB6 7NT Iniiepèhdent Examlner Sarah Crispin ACA Stewardsh 1 Lamb's Passage London EC1Y 8AB Bankern Santander UK Contents Company Infomiation Trustees, Annual Report Independent Examinerfs Report Statemenl of F4[nC4a1.AG'y.1lJ'aS Balance Sheet Notes to the AOunts Detailed Statem8nt of Financial Activits'es with ComparatiV8S Page 24 8-13 14 Page 1
HOPE COMMUNITY CHURCH IWEST LONDON) TRUSTEES. ANNUAL REPORT (INCORPORATING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 PAARCH 2025 The trustees. who are the charrt¢s directors for the .puooses of company law, have pleasure in submttting the Report and Accounts for the year. Objects of the charlty The charity is a charitable company and Is govemed by its Mernorandum and Artlcles of Association. The objects of the charity, as set out in the goveming document are: - to advance the Christian falth - to provide relief for those in need or in hardship Hope Community Church (West London) seeks to give glory to God and serving the community locally and at large for His 'ngdOM. Our priorib'es are:_ advancement of religion and help ellmination of poverty - foster a progressive development of relationships and Godly disciplines - ha¥u49 fellowsh wth other Chnstians - reaching our community and the world Our objective is to reach out effectivety with the message of salvation and lo offer hope, care and sup.port to Ihose Ihat need help in society. To achieve this, we will provide artivities and socpl endeavour focused on our West London area with particular emphasis on the disadvantaged. sick and the world. Our desire is to Continual broaden and increase our Christian impact on the communities in which we live and work and as a Christian organisation. we bear the responsibility of showing the love of G<)d for his people. but most especially. for the needy. Summary ol the charlty's maln actlvltles and achlevem•nts Hope Community Church continued to serve the communities within West London and overseas. In planning activrties. the trustees have appl the guthfKe on pubk benefit issued ty the Char Commission. The following activities are facilrtated during the year: - weekly regular Christian worship bible study & prayer evenings - youth and young adults fellowshp meetings Men's and Ladies, fellowship meetings - Hope Food Store- providing Food for.the needy . Hope Storehouse- provKlingththing and.household.kn lor the needy - engaging wrth extemal agencies in supporting the vulnerable the Centre was open free of charge for external social & Charitable organisab'ons (i.e. Cocaine Church oroups. ). Some have made small donations in support for maintenance. - in:addrtioR, :a 'free of charge. Café ts:also open.3 <lays,a week Qo Prov a centre lor eompaftionslwp and SUDPOrt as needed. without their efforts. Page 2
HOPE COMMUNITY CHURCH (WEST LONDON) TRUSTEES. ANNUAL REPORT (INCORPORATING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 PIIARCH 2025 Commission. structure. Governance and Management Responsibility for seth'ng policy and for making oper'ng decisions rests with the tNstees who meet regulaty to monitor the activities of the charity. The trustees consult with Ihe charitys spiritual trustees are appointed bv the existinq trustees, bv a majority vote. The Church's spiritual leadership team comprise Paul Anduuru and Florence Mabwa in the Pastoral role and they are advised by one Elder. Apart from Paul Anduuru who is employed as a Pastor, Ihe other spiritual leadership team are serving voluntsrily. The spiritual leadership team prayerfully set the vision for the Church and determine how the Church should go about encouraging the spiritual growth of those that parb'cipe in Ihe Churrth:s ivitie& They .ng wth other Invlled speakers also prea£JJ at Ihe Church's Sunday services. Financlal review During the year income increased by £24,316 to £99,994, and expenditure decreased by £3,252 to £87,661. As a result the charity has reported a surplus this year of £12.382 (2024.. £15.185 deficit) and t*t .assets have increased by this amount ta £29.579. Ilet asseLs i[ casts of £15,306 and fixed assets of £1,848. This yearfs expenditure includes a non-cash charge of £462 for depreciation. R•s•rves policy The trustees have detemiined that the charity should aim to hold net current assets of no less than £10,000, so Ihat. the chanty. could continue io operate should income andlor expenditure vary adversely. At the year end, the charity held net cuffent assets of £29,579 and the charity was comp"ng with its reserves policy at the year end. Now l•a8• for church bullding The charity's lease for its building fell during for renewal and a new lease agreement was put in place Irom 61h April 2024. After 16 years without any rent increase, the charity was offered a new lease that would cost an cost an extra £7,500 annually. After carefully considering the charitys current financial .position and cash. flow foTeGasts,:the tr4tstees cgnduded that Ihe£baw £ould affor4.the highftr.rant and the proposed.lease.was accepted. Going Concern The trustees are monitoring income and expenditure dosely and are satisfied thac should the need arise, steps could be taken to reduce expenditure and that supporters would be willing to provide .addib'onal fwar4cial assistan. ce. For,#Jese reaso, the.t4UStees are satlsfied that the chanty.w.Al be ab.le to continue to operate for at least the next 12 months and these financial statements have been prepared on a going concern basis. Page 3
HOPE COMMUNITY CHURCH IWEST LONDON) TRUSTEES. ANNUAL REPORT (INCORPORATING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 Key risks and uncertaintios The charity ts exposed to various risks - be they operational. financial or reputstional. The trustees review the charty's activities fegularly to identify significant risks and, where possible, they take appropriate measures lo mibgate .those risks. A key nsk is that .expenre consistentty exceeds income and the steps outlined above are being taken to mitigate this risk. Responsibilities of trustees undor company law The trustees are responsible for preparing the trustees annual report and the financial statements in accordance withAppIable.laW and u.ted KiTrgdomAccount4ng Standar4ts 4United K4ogdom Generally Accepted Accounts'ng Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoméng resources and application of resources, including income and expenditure, for the financial year. In pParing these financial statements. the trustees are required to.. 1. select suitable accounting policies and apply them consistently; 2. observe the methods and principles in the Charities SORP: 3. make judgements and estimates that are reasonable and prudent, 4. state whether the applicable accounts'ng standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 5. .prepare Ihe fjnanc•al,statements on a going Concem knasis Unless 4t 4s inap,propriate to wesume that the charity will continue in operation. The trustees are spOnSible for keeping proper accounting records that disclose with asOnable accuracy at any time .the financial.position of the charitsble company and enable them lo ensure ,that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarth'ng Ihe assets 4)f Ihe Ghar41able cx)mpany and hen¢e..for tsking ieasonable steps lor. Ihe prevention and detection of fraud and other irregularities. Approval This repor( which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the trustees and signed on their behalf by: Sunil De Sifva - trustee Dec 18, 2D25"'-' . Oate.. Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOPE COMMUNITY CHURCH,IWESTL¢)NDOW (Ihe Company. l port to the charity trustees on my examination of the accounts of the Company for the year ended 31 Marth. 2025 on pages 6 to 14 followin& whrth tiave bn wepared on the basis of the. accouri policies set out on pages 8 and 9. Re8pon81billtle8 and ba818 01 r•port As the chartys trustees of the Company (and also its directors for the purposes of company law) you are responsibje for the Preparalion of the accounts in accordance wtlh the requiremts of the Companies Act 2006 ('the 2006 Acr). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Actand are eligible for 4Adependent examinatioffj J report io wect of my examin*ion of your charity's accounts as carried oul under section 145 of the Charrties Act 2011 ('the 2011 Act.). In G8rryJng out my examinknn I have folbwed the Directms Vert by Ctwity Convnin under section 145(5) (b) of the 2011 Act. Indop•ndent examlnerfs statement I have completed my examination. I confirm that no matters have come to my attention in connecb'on with the examination giving me cause to believe: 1. accounts'ng records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. Ihe accounts do not accord with those records 3. the accounts do not comply with the accotsnb'ng requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examinab'on; or 4. the accounts have not been prepared in accordance with the methods and principles of the ststement of Recornmended Practice for accounting and reporting by charities applicable to charities weparing Iheir ac¢ounts.in aGwrdaoce w.ith the F.inancial Reporting Standard aPpIale 4n tbe.UK and Republic of Ireland {FRS 102). I have no concerns and have corne across no other matters in conneciion with the examination to accounts to be reached. 5iiihtsWD(04¢I Sarah Crispin ACA Stewardsh 1 Lamb's Passage EC1Y 8AB Date. Dec 18. 202$ Page 5
HOPE COMMUNITY CHURCH IWEST LONDON) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 PAARCH 2025 Total Total Funds 2024 IJn$t[lcted Restfi(%ed FurKIs Funds 2025 Note INCOME AND ENDOWMENTS FROM: Donations and legacies h3rttth ¥1111¢5 81,355 13,961 4.677 86,032 13,961 64,363 11,314 Total income and endowments 95.316 99 993 75,678 EXPENDITURE ON: Charitable activities 85,269 2,343 87,611 90,863 Total oxpendltur• 2.343 90,863 Net incomel{expenditure) 10,047 2,334 12,382 (15,185) Transfers b•tween funds 12 2,310 (2,310) Net movement In funds 12,357 24 12.382 (15,185) R•conclllatlon of funds: Total funds brought for¥vard 16.847 350 17,197 32,383 Total fvnds carried fonvard 12 29,204 375 29,579 17,197 The statement of financial activities includes all gains and.losses recognised in the year. All income and expenditure derive from continuing operations. The ststement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006. The notes on pages 8 to 14 form part of these accounts.
HOPE COMMUNITY CHURCH (WEST LONDON) BALANCE SHEET AS AT 31 MARCH 2025 Total Funds 2025 Total Funds 2Q24 Unrestricted Restricted Note FIXED ASSETS Tangible assets 1,848 1,848 1,848 CURR. ENT.ASSErs Debtors Cash at bank and in hand 15,859 14,931 15,859 5.522 15,317 375 30,790 375 31.165 20,838 CREDITORS= Amounts falling due withln on• year 10 (3,434) (3,434) {3.642) Not current as8•ts 1 (liabllltles) 27.356 375 27,731 17,197 TOTAL NET ASSETS 29,204 375 29,579 17,197 FUND BALANCES Unrestricted Funds Restricted Funds 12 29,204 29,204 375 16,846 350 375 375 29,579 17,197 ended 31 March 2025. The members have not required the company to obtain an audit of rts financial statements for the year ended 31 March 2025 1.n accordan with Section 476 of the Companies Act .20Q6 however. acco.rdaTrce with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has beon included in these financial statements. The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibiliti'es for. ) .ensuring that the, charitab.le_company ke&ps acGounling_r8cords whith corn with SectiDns 386 and 387 of the Companies Act 2006 and (b) pparing financial statements which give a true and fair view of the state of affairs of the charitable company as at end of each ..financial year.and4>f ,its net Ancon o.r.expenditure..fo.r. each, fjRaDcial year..in accordance w.ith the requirements of Sects'ons 394 and 395 and which otheiSe comply with the requirements of the Companies Act 2006 relating to financial statements, so frdr as applicable to the charitable company. The financial statements have been prepared in accordancE with the provisions of Part 15 of the Companies Act 2006 relats'ng to small txmpanies. The financial statements were approved by the Board of Directors and were signed on its behalf by: Sunil De Silva - trustee Date.. Dec 18, 2025
HOPE COMMUNifrf CHURCH IWEST LONOON) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 ststutory Intorniation T1 charity is a charitable company lirniled by guaraniee and is incorporaled in the Vniled Kingdom. The companys registered number and registered office address can be found on the Company Informaiion page. Accounting Po5i¢i09 These financial 8lalemenl8 a prepared ¢r¢ a going cwcem basi8, under the historic41 cost ¢onvenli(x). These financial statefflents have been Fwareo in accordan 1th the "Slaternent of Recommended Pr8ctirE: Aeeountlng Reportlng by Chariles preparing their accounts in accordance the Financial Reporting Stsndard applicable in the UK ar#J Republic of Irelano IFRS 1021 I'the Charities SORP"). wlh the Financial Reporting Slandard applicable in the Uniled Kingdom and Republic of Ireland I-FRS 102,1, with the Cornpaniés Act 2(8 and ilh th• Chariii•$ Acl 2011. The charty m••l$ lh• definit(on ol a public benefrt entity as set out in FRS 102. Thè principles adopled in ihe prepar8lh)n of Ihe financial slatements are sel out below. The Iruslees Iwho are Ihe charitable comp8ny's direclors for the purposes of company law) have assessed vknelher use ol the going concem basi5 is approprfale arkj have conSided possible events or conditions that might cast significant doubl on Ihe ability of the charity lo tntInL¢e 8s 8 going con¢em. The Iwslees have made Ihls assessment lor a perlod ol al least one year from th8 dale of approval of th8 financial slalemenl¥. In parti18r the Iwslees have consldered Its ¢harrty'¥ forec4515 •nd pTolections and Ihe posslble irnplicallons Should projecled income and l or expenditure vary eXpectedlY. After careful con$ideralOon, shortly after the year end charity accepted a new lease for ils church bullding and thi5 wll cost on extra £7,500 annualty, The trustees a monitoring Income and expendRU closely and a shllsfied that, shoultl the need se. ¥lep¥ ryJuMI be token to reduce expendlture and that 8UPPOrter¥ WOLhl be willing lo provlde at1diliono1 financial as8istBnce. For these reasons, the trustees are satisfied that the charity will be able lo continue lo operate fw 81 least the rexl 12 months and Ihese flnanoal slalemenls hove been Prepad on a going concern basis. Income Includlng Inveslmenl kncome 1$ recognlsed in the period in vthl¢h Ihe chèrlty bèc(me8 enlthed lo re¢elpl. the am01 I1Vable can be measured wilh reasonable certainty, and receipt is probable. For Ihe most part. Income 1$ genernlly cognised when il is reiVed. Income is only deferred vthen the charity has lo lulfil conditions before becoming enlilled lo il or vA)tsre tha donor h#8 spa¢rfed th81 th• income 18 lo b• expend•d in a lutur• riOd. Income from donaiiong and legacles indudes fecoverèble grft a. vknich Is COgnISed when the related Oonatlon Is recelved. Al the balan sheet date any gift aid recoverable Irom HM Revenue & Customs is Included as a deblw. The eharily rnli•g on volunleers to c8rry out many ol it# activities. in porti1&r Ihè nJnning of A cale. NO¥ver, in aceordanté wilh the SORP. the value ol Ih8se $eMces has not been indL#Jed in ISe financial slalemenls as they cannot be fell8Y measured. Income from charllable actilieS pSentS income receivable from goods. sewvlces and fatylilies supplied in fUrtrenCe of 11 charltyg Charitab object$. 11 inclLJes wKome from 8 cafè run by the thanty and from makkng the charty's facllllies ovallable lo olhers. Expenditure, induding iTrery)verablg VAT. is recognlse(I when il is in0jr1 or, 11 earllei, 4 leg•1 ty con$lrucli¥e obligauon for a paymeni adses prti¥ideiJ that It is probable Ihal Settlert 11 be requlred and the omounl ol the oblvjalion can be measured reliabiv. The tharity makes grants 10 Ollr institutions and indiNiduals lo fvrther its chariiable objectives. Grants payabl8 are rècogni$ed 8 C47nslnJcli¥e obligblions arise,-vknith .is 9enerally %then the chorily expresse$ a commilmenl to Ihe recipient Ihat can be measured lIablY and then only lo the exienl ihal any condilior6 assooaled wilh the giani are oulside ol Ihe control ol Ihe charty. Govamance e4st$, vthich are indLwJed in expènditure on tharilable activilies but are identified separately in the notes lo the acts)unls, indudes cos¢$ associated %%ith Ihe ir¥Jependenl examinalion ol the financi81 $1glements, mplI8n¢6 Yrilh conslilulional and stalulory requirements and any OlherexpenditLwe incurred on Ihe slralegic management of Ihe charily. accounb UnstrICted fund¥ avallable for use al the di8uellon ol the Iruslees in fvrtherance of the genwal oblectlveg of the charity. Resliicted funds a donation9 are lo be used in aewdance vAth specffic reslrictlons Imposed by donors. they indude donaknons received from appeals for spedfic activitie5 or projects. Page 8
HOPE COMMUNITY CHURCH EST LONDON) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 P¢ounting Pollcles {contlnued) le fixed 8 Items purchased or (lonaled lor the Charity's ovm use are capilalised vknen the cosl ol purchased rtems. or the fair value ol donated ilem$. is more than £1,000 ond the item is expecled to benefit the charity o¥er ffl0 Ihan one aecountrng peri&d. Oep¥ecialion is charged on a slraighl line basis so a5 to V4Tile d(J4%Tr Ihe value of each asset to ils eslimaled $tOU81 value {il gry) over Ils exwted useful economlc life. To 8thieve Ihi¥ objeclive the following rates Df deprecialion are charged.. Leasehold improvemenls Over the lease lemi or. rf shorter, eypecled ugèlul life Equipment Over 3 to 7 years The carrying values ol langible fixed as#els a VieWed for impairment in pefiods when even18 or changes in orcumglanc48 indicate th81 Ihe canying value may nol be fecoverabte. Leases which do not Iransfef 8ub81anlialty all the risks and rewards of o¥bnership lo charity afe dassified as opèrnlir leases. OperatirvJ lease payments are recognis•d a$ an 8xpens• on 4 $lrai9ht4inè basi8 over th• 1•886 lem (Un83 another 5y51ematic basis is MO pSentatIVe of use). g) Pension sc ffan emenl The thanty operates defined ntribUll0 pension stheme• for its employe8$. Obligalion8 for conlritrArtion8 lo Ihese 8chemes are recognised as an expense vthen the liability arises. Thè asse18 ol Ihe8e schemes a held separately from Ihose of the charty in independently admiruslered funds. The Company is a fe9i81ered ehartty., il ha8 laken adv•ni4oe ol the variou8 r•li•f$ frtyn laxalion av8il4ble lo ¢h•rit¢ts and no lax is payable on the ¢harily's Micome. The th8rllYs finanoal assets and flnancial ligbllllles all qvalty 8$ baslG flnanrial ¢nslrumenls. 85 defined by FRS102. Except lor loans, credilors and debloTS are measured al their expecled settlemenl value Inomially Ihe amount ol cash that the charily expects lo pay or Ce(l. Gharity ¢(glSe$ li4bilib.es lor the princip81 of those loans that remoins oulslandir#J al the year d li.e, Ihe liabilities exdude anv interest charoeable on Ihe104ns in lulure vearnl. fr The charity has taken aL1vantage of an exemption co¢rfeffed by the Charities SORP and has not Ppad a cash IIN statement. k) The InJslees do not consider that there arp any maleriol sources ol esllmalion or unceriainly 81 the balance sheet dale th81 could result in a material adju51menl to Il carying values ol assets and liabilrt¢e5 In the next portIng pertod. Donations and l•94¢i9s Total 2025 Tol81 2024 Donations ol cash anLI 8imilar Gift ald recoverable 71,801 14,231 53,181 11,183 64,363 Incomg from charitablg •¢tlvlti Tol¥l 2025 Total 2024 Income from Café Income fmm use ol facilities 5.005 8.957 5,093 6,221 Page 9
HOPE COMMUNITY CHURCH IWEST LONDON) NOTES TO THE ACCOUNT8 FOR THE YEAR ENOED 31 MARCH 202S Charitsble expenditure Total 2025 Total 2024 Costs incurr•d dirnclly on 8p•cific actlvltlos HonoTariums. salanes and volunleer costs Buildings, rental and equipment costs Other church ministry and meets'ng cos18 Cafè consumables and dlrect cosls 30,497 44,968 2,369 2,850 80,683 28.335 38,374 1.767 70.175 Costs Incurred on support & adrn1nlstraQTh Governan cosls Indendent èxaminerfs fee for preparing and examining thè accoun oirice adminislralion oepreci81ion ol tangible red assats Professional fees 1.740 3,171 462 1.555 6,928 1,650 2,130 15,465 1,443 20,688 Total •xp•nditurn 87,611 90,863 In addllion lo the lees payable for Ihe prepaTJlion and ex8mlnation of ihe bceL+unts, Ihe ¢hortty p•id Sl¢word$hlp £13012024.. £1251 lor consultancy servlGe$ and £489 {2024.. £4901 for payroll bureau servlce8. An•lysls of ¥tsff ¢ost¥, th• ¢ost l¢•y man•g•m•nt porsonnfrl •nd tru$to0 romumratlon The 8¥wage monlhly number ol employees durln9 lh6 year wa8 1 12023.. 11. Nearfy all ol the chari18 ath'vilies are camed out by volunteers. No staff ieceived salaries al a rale of more than £60.000 per annum. The th8rty's key man8gemenl comprise Ihe Iruslees and the key staff named on Company Inlomalion page. During the year key m8nagemenl feceived employment bnefil$ tolalling £29,04612024.' £226.5701. No InJ8lees receive(l empl¢)ymenl benefits in elther the currenl or pcedIng year. Tanglblfr fixed assets Fixtures, fittings and equipment Leasehold Improvemenls Total 2025 Vehlcles Cost Al 1 April 2024 Addilions Al 31 March 2025 125,530 10.336 2,310 12,646 10,7CM) 146,566 2,310 148 876 125 530 10,700 Accumulated depTeciallon Al 1 April 2024 Charye for the year .Al.31.Marth 2025 125,530 10,336 462 10,700 146,566 462 147028 125 530 10,700 Net book valuè Al 31 March 2025 1,848 1,848 Al 31 March 2024 Oebto 2025 2024 Glft ald ¥ecoverable Prepayments arJ accrued iicome 7,197 8,662 1 5.859 5,522 5,S22 Page 10
HOPE COMMUNITY CHURCH IWEST LONDONI NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Cash at Bank and in Hand 2025 2024 C4¥h al bank 1 Immedlale access Petty cash 14,935 372 15,306 14.528 15.317 10 Crodltors., llabilit1 falling duo within on• y•ar 2025 2024 Olh•r creditors Accwals 315 3,119 3.434 3.358 3.642 11 P•n•lon Gommltm•nts During the year employerfs pension ¢onlribulion8 lotalling £2,565 (2024-. £2,385) were payable lo defined conlribulion persMal pension scheme5 Pension CntribLrtIQns lolalling £315 were owng al the ba1)r sheel dale12024.' £2841. 12 Funds During the year the movements in the funds ?re as follow5.. Opening O•lance 2025 Incomlng resowces 2025 Outgolng resourcs Tran$fw$ In the year 2025 Closlng balanee 202S 2025 Unrn31rlctad Funds 16,847 95,317 85,289 2,310 29,21)5 Reslrfcled Funds Equipment fund Paslof¥ fund Other 350 4,250 288 140 11,954) 1263} 1126) 2,343 12,310> 337 25 13 375 350 2,310 Aggwate of funds 29,S80 The transfers relerrtd to above were made for the follo7n9 reasons.. a) £2310 of funds transferred from Ihe equipment lund lo general fvnds for the purcha8e and capilalisalion of the bapli81ry Analyslj ol n•t •880ts by fvnd The 8sset8 and liabilities of the various funds Vre as lollows.. Unrnslricled lunds Re8lricted funds 202S Tangible fixed 8$Sets Debtors Cosh at bank and In haryl Creditors falling due valhin one year 1,848 15.8S9 14,931 13,4341 1,848 15,859 15,3C6 13,434) 375 29,204 375 29.579 Page11
HOPE COMMUNITY CHURCH IWEST LONI)ON) NOTES TO THE ACCOUNTS FOR THE YEAR E140EO 31 MARCH 2025 12 Funds {contlnugdl In the prevIJ8 year the movemenls in the chorills funds as fol1¢Y4.. Opening Incoming balance sowtes 2024 2024 0LrtgOg resources 2024 Transfers In the year 2024 Closing balar 2024 Unreslncled Funds 32,342 89.447 81 16.847 R•slrfcted Funds Equipment lund Pastors fund 1.350 11,026) 390 1,416 23 58 81 37 40 350 Aggregate of fLmds 75678 kn•ly8iJ of n•t thssots by lurtd In Ihe previous year, Ihe 0ssel8 aNI IK4bililieb of the various lunos re as follov•B: Unreslrided nds Rcslrlcted lund8 2024 Tanglble ffixe¢J assets Oeblors Cash al bank and in hand Credilors fallirvJ due wlhin one year 5.522 14,966 13,642 5,522 15.317 13,642} 350 16.846 350 17,197 The tharil$ reslricied funds comprise.. a) T1 Eqylpmènt fund wag cre8le(l from donation8 CeiVed lo help pur¢hase spedfic Ilems of equipmern. b) The P#torf• fund w88 cfealed from donallons received lo help pay a bonu8 lo the churth'5 paslor. 13 Opgratlng 1fr mMItrn•nts charity h)s an operating lease for it8 chwd) buildirg, vthich wa8 renew•d 61h April 2024. The minim¢Jm amounl payable in 8pecl ol Ihis le88e lunlil the next br•ak dause and Ignoring the polenliBI èffeel of lulure renl reviewyl is as follov•S'. 2025 2024 Paymenls falling dve.. Within one year Beivw one and thve yéar3 After fve year¥ 37,500 160,OOQ 225,000 412,50 37.500 112,500 During the year the charity was tharged £37,428 {2024.. £30.989) for ils oper8llng aSe. Page 12
HOPE COMMUNITY CHURCH IWEST LONDON) NOTES TO THE AccouKrs FOR THE YEAR ENDED 31 MARCH 2025 14 Transactiong with related parties Ourlng the year the charlly.. al received donations lolallirYJ £19.30012024'. £14.6801 from retsted parties {which InelLe$ Intstees, any other rnèmbers of key management and anyone dosely connected lo Iheml. bl paid speakers, ey4enses tolalling £1,25012024.. £1,000> lo P Edwards.. P Edwards 18 a trustee of the tharily. Except for the ieimbuTremenl of eXnseS incurred aclSn9 as agenl fN the charity. no other expenses12024.' £nll) were paid to, 01 for, the trustees. Except as disdosed In note 6'Analysis of slaff cosls,. there have tsen no other Iran58clions th relaied partles duriry the year. 15 M•mb•rn Each member of Ihe cnmp8ny commits lo contribute rf Ihe charity is wound up an amount of £10. Page 13
HOPE CQIAhJilNITY CHURCH ¢WE8T L01400N DETAILeD STATeMENT OF FINANCIAL AGTWITIES WITH cOMPTIvEs FQA THE YEAR ENDED JI MARCH 2028 UnreJlriCWd Fundi 2025 Reatra FundJ 2025 Unreilrict• Reilrrdod Fundi 2024 Toi•l 2025 Yol•l 2024 2024 INCOME AND eNDOWMENTS FROM.. Donèlions Jnd leg&¢6 Ch•iil8tyle •¢ti¥ilffjs 81,355 13,1 4.877 86.032 13.961 62.716 1,845 64,363 Totsl Incom• and •ndowm•nts 95,318 4,877 99,993 74.033 1,645 75,670 EXPÉNOITURE ON.. Ch8rit8ty0 ¥¢tlI••.. 85.280 87,611 89.447 1.418 90.863 TO1 Exyndkn a5.289 2,343 87,611 89,447 1.416 N•t In¢om•ll•xp•ndkurnl 10.047 2,334 12,382 229 115.1851 Tran•l•r• b••• lund# 12 2,310 N•tmo¥•mnl In lun 12,357 24 12,3B2 310 116.7861 R•¢ofi¢lll•iioth olfunl•'. T11 fundi broughi fo114 16,847 350 17.197 32.342 40 32,JB3 12 29,204 375 29.579 16.847 3SO 17,197 Pagè 14