REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR HOPE COMMUNITY CHURCH (A COMPANY LIMITED BY GUARANTEE) CHARITY NUMBER 1118923 COMPANY NUMBER 06181631
HOPE COMMUNITf CHURCH Contents of the Accounts for the ear ended 31 March 2025 eNo. Company information page Report of the Directors Trustees Annual report Independenl Examiners Report lo the Trustees Statement of Financial Activities Balance Sheel Notes to the Accounts 9-13
HOPE COMMUNITY CHURCH Com an Information For the ear ended 31 March 2025 DIRECTORS.. K. Poxon P.1. Brayshaw J. Tellwright S. Rochester Mrs. V. Onwuzurumba R. Hirschi REGISTERED OFFICE.. Hope Community Church Upper Hunlbach Street Hanley Sloke-on-Trent Slaffordshire ST12BX REGISTERED NUMBER.. 06181631 (England and Wales) ACCOUNTANTS.. G.E. Shenton & Co Ltd st. Pauls House North Street Newcaslle-under-Lyme Staffordshire ST5 1AZ
HOPE COMMUNITY CHURCH ort of the Direclors for the ear ended 31 March 2025 The directors present their report, together with the financial statements for the year ended 31 March 2025. Results The Statement of Financial Activities is set out on page 7 and shows the net incoming resources for the period. ments Princi al activities Tradin Review and Future Develo The company was incorporated on 23 March 2007. The result for Ihe year was a deficit of £18,585 (2024.. Surplus £3,508) and this has been deducted from the total reserves carried forward. The company's principle activity is the provision of help and support lo people inside and outside of the church community. The Trustees continue lo generate revenue for the church in a number of ways. Memberdonalions are a core strand, with these being maximised through encouraging the useofthe Government's GiftAid Scheme, which enables a further250/o ofdonalions lo be reclaimed. In addition, since January 2024 the Financial Director has maintained this by continuing to use the Governments Gift Aid Small Donations Scheme. The second major income stream is room hire and we have increased our prices to reflect rising costs. We have retained our existing clienls and income has further increased with the addition of new clients. In June 2024 the church received a subslanlial bill relating to buildinglroof maintenance and Landlord incurred costs. As good stewards of the charity's resources, the Trustees have negoliated repayment over a period of18 months interest free. We have been successful in meeting the cost of the repair so far through.. an opportunity for additional one-off member giving within the financial year 2024-2025., a general increase in member giving as the church has increased in size. continuing io secure increased room hires and exploring new client opportunilies. The Trustees are realistic about the fsnancial challenges for the financial period 2024-2025 and 2025-2026 bul Posltive in their approach to meeting these. We still anlicipale having sufficient income to cover necessary investment such as new IT equipment and have maintained a level offunds so that reserves can be used when ne$Sary. Directors The direclors of the company during the year were.. Mrs. Karen Poxon Mr. Philip lan Brayshaw Mrs. Janet Tellwrighl Mrs. Sasha Rochester Mrs. Caroline Maina Mr. Raphael Hirschi Mrs. V. Onwuzurumba This report has been prepared in accordance with the provisions of part 15 of the Companies Act 2006 applicable to companies subject lo the small companies regime. This report was approved by the board on 23 October 2025 and signed on its behalf. MRS. S. ROCHESTER Director
HOPE COMMUNITY CHURCH Tiustees Annual Re ort for the ear ended 31 March 2025 Administration Details Address.. Hope Community Church, Upper Hunlbach Street, Hanley, Stoke-on-Trenl, Staffs. ST12BX Hope Community Church is a registered charity with the Charity Commissioners (Registration Number 1118923) and as a company limited by guarantee is governed by its Memorandum and Articles of Association. DirectorslTrustees Mrs. Karen Poxon Mr. Philip lan Brayshaw Mrs. Janet Tellwrighl Mrs. Sasha Rochester Mrs. Caroline Maina Mr. Raphael Hirschi Mrs. V. Onwuzurumba Bankers Lloyds plc seNes the Management Committee as Bankers. Solicitors Geldards Solicitors act as solicitors to the Charity and provide advice on charily matters. Accountants G.E. Shenlon & Co Ltd, Chartered Certified Accountants. St. Pauls House, North Street, Newcastle, Staffs., ST5 1AZ Chari '$ Ob'ectives and Activities durin the ear Ob'ects and activities The objects of the Company are for the benefit of the public-. a) to advance the Christian faith in accordance with the Statement in such ways and in such parts of the United Kingdom or the world as the directors from time to time may think fil., b) to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including through the provision of counselling and support in such parts of the United Kingdom or the world as the directors from time lo time think fit., and c) to advance education in such ways and in such parts of the United Kingdom or the world as the directors from lime to time may think fil.
HOPE COMMUNITY CHURCH Truslees Annual Re ort for Ihe ear ended 31 March 2025 Overview We are delighted that the church has experienced suslained growth during this period, with the addition of many new families moving into the area for work and joining the church. as well as further new asylum seekers. We are pleased that our youth and children's groups have increased this year and new people are sellling inlo the church and starting lo volunteer. The level of commitment al Hope Community Church remains high and the Trustees would like lo thank the congregation for their faithfulness. During this period Caroline Maina resigned as a Trustee and Vanessa Onwuzurumba became a Trustee. The Trustees had regard to the public benefit when planning the activities of the church. Below is a summary of the church's activities in furtherance of its objects during the year: Weekly Sunday church services for corporate worship, prayer, communion, Bible teaching, encouragement, fellowship and Hope Kids United children's worship and teaching. Edited highlights of the Sunday services on YouTube. Twice monthly youth group meetings. Repurposing of office space for meetings. Regular family services. Fortnightly Life Groups in homes across the cityfor discussion of Bible passages, practical application, prayer and mutual support. Prayer meetings including an occasional, longer prayer gathering. Bible teaching and discussion meetings with Farsi interpretalion. Baptism services Events offering a mixture of social and spiritual aclivities for the whole church and for men, women and children. Pastoral support and mentoring. Provision of devotional materials. Provision of teaching malerials in Farsi. Lending library of Christian books. Participation in local inter-denominational setvices for worship and prayer. Minister's participation in local inter-denominational church leaders, fellowship. Weekly free computerlinternet access and Job Club. Weekly Foodbank distribution sessions and signposting. Trussell Trust figures showthat our Foodbank Centre distributed 3 days, worth of food to 1,455 people. Regular donations of food to the Stoke-on-Trenl Foodbank. Minister served as Chair of the Northwood Residents, Association. Minister served as a Co-opAcademyCommunityCouncil Memberforpart oftheyear, with particular involvement in three local schools. Support given to local schools with class talks and assemblies. Support given to Staffordshire University Chrislian Union. Low-cost hire of church premises to charities. Financial donations to Beacon House of Prayer, Soul Action in Soulh Africa and Compassion.
HOPE COMMUNITY CHURCH Truslees Annual Re ort for the ear ended 31 March 2025 Finance There was a nel deficit for the year of £18,585 compared lo a reported surplus of £3,508 for 2024. This was the result of a roof repair cosling £37,146. Total income increased by £14,960 and total expenditure increased by £37,083. Our overall closing cash position is £2,789 higher than 2024 which is mainly allributed lo increases in room letting income of £7,694 and donations of £7,493 and careful stewardship of cash flow reflecting the repair costs during the year. Net current assets was £32,109 this year compared with £50.520 in 2024. Reserves olic The charity has adopied a reserves policy the aim of which is lo have reserves of £50,000, which comprises.. A specific reseNe of £35,000 to cover unforeseen emergencies or drop in income. This figure is based on approximalely 3 months operating costs with an extra £5,000 for emergency maintenance and equipment replacement. £15,000 available in the current account to safely cover monthly cash flow. Use of Reserves The reserves are held for the following purposes and may be used for them in accordance with the Hope Expenditure Policy.. operating costs that are not covered by income emergency maintenance equipment replacement. Polic Review This Policy is reviewed annually ready for publishing it with the accounts. Polic Im lementation We are pleased that our Reserve at the end of the 2024-2025 period had increased lo be broadly in line with our £50,000 target. We continue lo aim lo transfer £100 a month into savings accounts to complete and then maintain our specific level of Reserves. Surplus funds above this will be designated by the trustees for further advancement of the charities aims and principles. MR. P.1. BRAYSHAW Chair of Trustees Signed on behalf of the Trustees of Hope Communily Church 23 October 2025
HOPE COMMUNITY CHURCH Inde endent Examiners Re ort to the Trusteeslmembers of Ho e Communil Church We reportonlhe accounts ofthe Companyforthe ended 31 March 2025 (charilynumber1118923) which are setout on pages 7t013. Res eclive res onsibililies of Trustees and Examiner The trustees (who are also the directors of the company for the purposes of company lawl are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for Ihis year under Section 144 of Ihe Charities Act 2011 (the Charities Act) and that an independent examination is needed. The charity's gross income was less than £250,000 bul we are qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accounlanls. Having satisfied ourselves that Ihe charity is not subject to audit under company law and is eligible for independent examination, it is our responsibility lo.. examine the accounts under section 145{1){a) of the Charities Acl lo follow the procedures laid down in the general direclions given by the Charity Commission under section 145(5llb) of the Charities Act, and to state whelher particular matters have come to our attention. endent Examiners Re ort Basis of Inde Our examination was carried out in accordance with Ihe general directions given by Ihe Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a'true and fair view, and the report is limited lo those matters set out in the statement below. Inde endenl Examiners Statement In connection with our examination, no matter has come to our allenlion.. 1. which gives us reasonable cause to believe that in any material respect the requirements-. lo keep accounting records in accordance with section 130 of the Charities Act-, and to prepare accounts which accord with the accounling records and comply with the accounting requirements of the Charities Act and with the methods and principals of the Statement of Recommended Practice, Accounting and reporting by Charities. have not been met., or 2. to which, in our opinion, attention should be drawn in orderto enable a proper underslanding of the accounts to be reached. st. Pauls House, North Street, NEWCASTLE-UNDER-LYME Staffs 24 October 2025 G. E. SHENTON & CO LTD Chartered Certified Accountants
HOPE COMMUNITY CHURCH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 Total 2024 Tolal Notes Unrestricted Restricted INCOMING RESOURCES Donations £83.984 £60 £84,044 £76,551 Charitable activities 25,418 25.418 17,415 other income 1,075 1,075 1,695 Inveslment income 416 416 332 TOTAL INCOMING RESOURCES 109 818 110953 RESOURCES EXPENDED Direct Charitable expenditure 122,215 845 123,060 87,863 Other expendilure.. Funding and Publicity 3,239 3,239 2,311 Managemenl and Administration TOTAL RESOURCES EXPENDED 128 693 845 129538 NET OUTGOING IINCOMING RESOURCES BEFORE TRANSFERS (18,875) 290 (18,585) 3,508 GROSS TRANSFERS BETWEEN FUNDS 882 882 NET OUTGOING IINCOMING RESOURCES BEING ALSO THE NET MOVEMENT IN FUNDS (17,9931 {592} {18.585) 3,508 TOTAL FUNDS BROUGHT FORWARD 295 467 296 783 293 275 TOTAL FUNDS CARRIED FORWARD 277 474 724 278 198 296 783
HOPE COMMUNITY CHURCH BALANCE SHEET AS AT 31 MARCH 2025 Notes 2025 2024 FIXED ASSETS Tangible Fixed Assels £312,826 £316.417 CURRENT ASSETS Debtors and prepayments £10,372 £9,956 Cash al bank and in hand 10 CREDITORS: Amounts fallin one ear due within Creditors and accruals 23,874 3,789 Mortgage 11,12,13 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 344,935 366,937 CREDITORS: Amounts fallin than one ear due after more Mortgage 11,12,13 NET ASSETS 278 198 296 783 REPRESENTED BY: FUNDS AND RESERVES Unrestricted funds 14 278 198 296 783 The directors state: that for the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies, b. that members have nol required the company to oblain an audit of ils accounts for the year ended 31 March 2025 in accordance with section 476 of the Companies Act 2006, and that they acknowledge their responsibilities for complying wilh Ihe requirements of the Companies Act 2006 with respect to accounting records and the preparation of the accounts. The accounts have been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies. The company has opted nol to file a copy of its Profil and Loss at Companies House in accordance with Section 444 of the Companies Act 2006. Signed S. ROCHESTER Director The accounts were approved by the directors and were authorised by them for issue on 23 October 2025
HOPE COMMUNITY CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Basis of accounlin These accounts have been prepared under the historical cost convention with items recognised at cost ortransaclion value unless otherwise slated in the relevant notes to Ihese accounts and in accordance with FRS102, the Financial Reporting Slandard UK and Republic of Ireland and with the Charities Act 2011. Ib) Grants Grants are recognised in Ihe Statement of Financial Activilies (SOFA) on an accruals basis following the satisfaction of any pre-conditions. (c) Donations fundraisin and Gifts Donations, gifts and fund raising are recognised in the accounts on a received basis with the exception of items donated for sale in the charity shop which are only included as income when they are sold and until then are not valued and lax recoverable on gift aid. Gifls in kind are valued at their value lo the charily. No value is assigned to donated facililies, nor to items provided for raffle prizes or consumption by users of the church. Id) Le acies Legacies are included in the SOFA when the full amount has been received. (e) Contributions b members and all other income These are all recognised in the financial statements when receivable. (fj Ex enditure and su ort costs Expenditure is recognised on an accruals basis and where incurred on activities falling directly within one cost category is included accordingly. The support costs of the charity which include wages and salaries, premises, telephone, printing, postage, slalionery, equipment hire, subscriptions. training and insurance are allocated based on the level of activity. The percentages applied are.. Direct charitable expenditure Fundraising and publicity Management and administration 95/0 2.SQ/o italisalion Fixed Assets are recorded at cost. Expenditure on leasehold property, fixtures, equipment and office equipment which exceeds £250 and provides a long term benefit is capitalised. (h} De reciation and amortisation Provision for depreciation of fixed assels held for use by the charity is made at annual rates calculated to write down their cost over their useful lives. The rates and bases have been reviewed accordingly this year, based on their expected useful lives. The depreciation rates currently in use are.. 100 years straight line basis 25 years straight line basis Leasehold property Fixtures and equipment Taxation No provision for taxation is included in the accounts as the charity is entitled to exemption from lax afforded by Section 505 of the Income and Corporation Taxes Act 1988. (J.) Debtors Short term debtors are measured at transaction price, less any impairment losses for bad and doublful debls. {k) Creditors Short term Creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any Iransaction cosls and subsequently measured al amortised cost delermined using the effective interest method.
10. HOPE COMMUNITY CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 11) Reserves olic The charily has adopted a reserves policy the aim of which is lo have reseNes of £50,000, which comprises.. A specific reserve of £35.000 lo cover unforeseen emergencies or drop in income. This figure is based on approximately 3 months operating costs with an extra £5,000 for emergency maintenance and equipment replacement. £15,000 available in Ihe current account to safely cover monthly cash flow. Use of Reserves The reserves are held for the following purposes and may be used for them in accordance with the Hope Expenditure Policy= operating costs Ihat are not covered by income emergency maintenance equipment replacement. Polic Review This Policy is reviewed annually ready for publishing il with the accounts. Polic lemenlation We are pleased that our Reserve al the end of the 2024-2025 period had increased to be broadly in line with our £50,000 target. We continue lo aim to transfer £100 a month into savings accounts lo complete and then maintain our specific level of Reserves. Surplus funds above Ihis will be designated by the trustees for furtheradvancemenl of the charities aims and principles. {m) Leased assets A lease is classified as a finance lease if il transfers substantially all the risks and rewards incidental lo ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabililies al amounts equal lo the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as lo produce a constant periodic rate of inlerest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company s policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term. the asset is depreciated overthe lower of the lease term and ils useful life. Operating lease payments are recognised as an expense on a straight line basis over Ihe lease term. In) Pensions Conlributions to defined contribution plans are expensed in the period to which they relate. DONATIONS AND LEGACIES 2025 Total 2024 Tolal Unrestricled Reslricled Donalions.. Voluntary income Tax recoverable on Gift Aid £69,729 £60 £69,789 £63.805 14 255 12746 60 84 044 76 551 CHARITABLE ACTIVITIES 2025 Total 2024 Total Unrestricted Restricted Youth work activity Room lettings 24,062 24,062 16,368 Church Development activily 25418 17415
HOPE COMMUNITY CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 OTHER INCOME Unreslricled Reslricled 2025 2024 Sundry grants £1075 £1695 5. ANALYSIS OF TOTAL RESOURCES EXPENDED Staff costs Other costs 2025 2024 Total Total reciation Direct charitable expenditure.. Unrestricted £43.961 £4,315 £73,939 £122,215 £85,226 Restricted 845 845 2 637 43,961 4,315 74,784 123,060 87,863 Other expenditure.. Fundraising and publicity 1,157 114 1,968 3,239 2,311 Management and administration 114 3239 2311 78 720 129 538 92 485 2025 2024 Restricted costs £845 Other costs.. Direct charitable costs Mission and outreach donations £4,344 £6.179 Activities 678 873 ort costs Premises £59.455 £21,887 Printing, postage, slationery and telephone 3,955 2,833 Legal and professional 1,295 1,331 Bank charges 195 251 Mortgage interest 5,037 4,951 Subscription and fees TOTAL 6. NET INCOMING RESOURCES FOR THE YEAR 2025 2024 This is slated after charging.. Depreciation
12. HOPE COMMUNIT( CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 7. STAFF COSTS 2025 2024 Wages and salaries £36,927 £35.241 Social security costs 3,758 3,608 Pension costs During the year the charity employed an average of 1 employees {2024.' 1). No employees earned more than £60.000 per annum in this or the previous year. 8. FIXED ASSETS Leasehold ro ert Furniture and ui ment Total Cost.. At 1 April 2024 £345,000 £25,511 £370,511 Additions 952 952 At 31 March 2025 345 000 371463 De reciation.. At 1 April 2024 Charge for the year 45,305 8,789 54,094 At 31 March 2025 Net book value.. Al 31 March 2024 299 695 316417 At 31 March 2025 296210 312 826 DEBTORS AND PREPAYMENTS 2025 2024 Debtors £4.782 £4,918 Prepayments 10. CASH AT BANK AND IN HAND 2025 2024 Lloyds Current account Lloyds Savings Account Kingdom Savings Accounl Cash in hand £13,696 £17,449 17,314 14,100 17,913 16.510 742 817 11. LIABILITIES - AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors £23.874 £3,789 Mortgage account
13. HOPE COMMUNITY CHURCH NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 12. LIABILITIES - AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2025 2024 Mortgage account £66 737 £70 154 13. MORTGAGE ACCOUNT The company has a mortgage secured on the leasehold property. Obligations falling due are as follows.. 2025 2024 Amounts payable with 12 months Amounts payable after 12 months bul within 5 years Amounts falling due for paymenl after more than 5 years £18,870 £17.090 14. ANALYSIS OF NET ASSETS BY FUND 2025 Tolal 2024 Total Unrestricted Restricted Fixed assets Currenl assets £312.826 £312,826 £316,417 34 6281 196341 724 277 474 724 278 198 296 783 15. TRANSACTIONS WITH TRUSTEES AND RELATED PARTIES None of the members or trustees of the Charity. with the exception of Mr. P.1. Brayshaw (Senior Minister), were remunerated directly or indirectly during the year ended 31 March 2025 (see Note 7). 16 CONTINGENCIES AND CONTRACTUAL COMMITMENTS In the opinion of the truslees and members of Ihe company al 31 March 2025 there were no contingent liabilities and no contractual liabilities. 17. OTHER INFORMATION Hope Community Church is a private company limited by guarantee and incorporated in England {Registered Number 06181631)- Its registered office is Upper Huntbach Street, Hanley, Stoke-on-Trent, Staffordshire. ST12BX.