2021-03-31-accounts - Hope (Portsmouth)

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

CharityInformation	1
Repoft of theTrustees	2-4
ReportoftheIndependentExaminer	5
StatementofFinancial Activities	6
Balance Sheet	7
NotestotheFinancial Statements	B-16

				Total	Total
		UnrestrictedRestricted Funds Funds		Funds 202L	Funds 2020
	Note	e	E	EE
Income
Incomeand endowmentsfrom:
Donationsandlegacies	3	758,771220,666		379,377	277,485
Charitableactivities	4	-	30,277	30,217	29,866
Othertrading activities	5	80,031		80,031	84,060
Investmentincome	6	30		30	98
Totalincome		238,772	250,877	489,649	331,509
Expenditure on:
Charitableactivities		163,611	120,373	283,984	303,439
Total expenditure		163,611	t20,373	283,984	303,439
Net income beforetransfers		75,767	130,504	205,665	28,070
Transfers
Grosstransfersbetweenfunds
Netmovemenbinfunds		75,167	130,504	205,665	28,070
Reconciliation of funds
BalanceatlstApril2020		357,186	237,490	594,676	566,606
Total fundscarriedfonrrrard	_!32fl__36;/,es4__99!;fl__se,3fl.9-

			202L		2020
	NoteE		C.	E	E
Fixed assets
Tangibleassets	t4		1,231,837			1221fi06
Currentassets
Debtors	15		9,304		L5,837
Cashatbankand inhand		263,495			83,376
		272,799			99,213
Creditors: Amountsfallingduewithin oneyear	16	(20,357)		(19,247)
Netcurrent(liabilities)/assets			252,442			79,966
Totalassets lesscurrent liabilities			L,484,279			t,301,372
Creditors: Amountsfallingdueafter
morethanoneyear	t7		(683,938)			(706,696)
Net(liabilities)/assets			800,341			594,676
Thefunds ofthe charity:
Restricted funds	19		367,994		-	237,490
Unrestricted funds
Unrestrictedincomefunds	19		432,347			357,186
Totalcharityfunds			_999,341		Jye_

Donations andlegacies
	Unrestricted RestrictedTotal Funds TotalFunds Funds Funds
			202L	2020
	EEEE
Committedgiving Gift Aidtaxreclaimed	103,069 24,552	157,059 19,558	260,L28 44,7L0	156,211 31,881
GfantsforSomersRoadrefurbishment
TrussellTrust - foodbankstore HIWCF	-	39,159 o,',:	39,159 4,890	22,977 4,000
BigLotteryfund	-
Covid-19 grants OtherTrustgrants	LL,206 1g,B84	- -	11,206 19,884	2,422
	u9211__229ffi__313il__?11.4ryE
2020	E	EE
Committedglving GiftAid tax reclaimed	11q873 28,398	41338 3,483	156,211 31,881
GrantsforSomersRoadrefurbishment
Trusse/l Trust - foodbankstore	-	22,971	22,971
HIWCF		4,000	4,000_
BigLotteryfund
OtherTrustgrants	2,422	-	2,422
	141,693	75792	212485

Incomefrom charitable activities
	Unrestricted RestrictedTotal Funds TotalFunds Funds Funds
			202L	2020
		f	E	g.
Comnaunityprojects
Circleof support		30,277_	30,217	29,625
Food bank				30
		30,211 30,21L29,655
Churchrunning
Incomefromprojectsand events			-	217
	_	?9211___1q,211_2ge

Notesto theFinancial S Incomefrom charitable activities	tatementsfor theyear ended 31st Mar (continued)	ch 2021
	UnrestrictedRestricted Funds Funds	Total Funds
2020rEE
Communityprojects Circleofsupport Foodbank	- 29,625 - 30	29,625 30
	- 29,655	29,655
Churchrunning Income from projectsandevents	211 -	211
	211 _2e@__?g&
Othertrading activities
	Unrestricted RestrictedTotal Funds TotalFunds Funds Funds
		202L	2020
	EEEE
Rentalincome Renewable HeatIncentiveincome	68,483 - 68,48373,031 11,548 - 11,548 71,029 q9pr_____-__9!,9r___q1&!

Renewable HeatIncentivei Investmentincome	nco	me 11,548 - 11,548 71,029 q9pr_____-__9!,9r___q1&!	me 11,548 - 11,548 71,029 q9pr_____-__9!,9r___q1&!	me 11,548 - 11,548 71,029 q9pr_____-__9!,9r___q1&!	me 11,548 - 11,548 71,029 q9pr_____-__9!,9r___q1&!	me 11,548 - 11,548 71,029 q9pr_____-__9!,9r___q1&!
		Unrestricted RestrictedTotal Funds TotalFunds
			Funds	Funds
					202L	2020
			EEEE
Detailsofcharitabteactivities
	Activities undeftakenGiftsand			Support costs
		directly donations allocated EEEF-E			}OZL	2O2O
Communityprojects Churchrunning Youthandchildren OverseasandHomeMission		777,713 125,987 (77,288) -	- - 13,772	24,908 79,552 -	117,713 150,895 2,264 73,172	77,757 215,337 4,6t2 12,333
	I56,4L, _J3,rD _104,460__r139t4					3031119_
2O2OEEEE
Communityprojects Churchrunning Youthandchrldren		58,205 118,361 4,612	- -	12,952 96,976	71,157 215337 4,612
	_!	I1,17B__!	2,333__!09,92B___:qru

NotestotheFi Support costs	nancial Statementsforthe year ended31st	nancial Statementsforthe year ended31st	nancial Statementsforthe year ended31st	March 2021	March 2021	March 2021
	CommunityChurch projectsrunning EE			Total Funds TotalFunds 202L 2020 EE
Establishment costs Equipment Office expenses Motor expenses	2,272 35,306 2,743 4,036',fi;				37,578 2,743 6,73t 845	43,L37 2,208 6,510 978
Interestpayable Depreciation	18,600 -		4,465 32,082		23,065 32,082	3L,077 24,254
Governance costs
IndependentExaminersFees	_?l	!,416 __73,ss2			7,4L6 1,764 193,4!4,__1ggEq_
2020			e		E
Establishment costs	61		43,076		43,137
Equipment			2,208		2,208
Office expenses	2,676		,834		4510
Motorexpenses			978		978
Interest payable	9,000		22,077		31,077
Depreciation	1,215		23,039		24,254
Governance costs
IndependentExaminersFees	1,764 1,764 JZ&__?!&__J!9&!
Giftsanddonations
Recipient	Activity				2
Mr&Mrs Butler	OverseasandHomeMission				1,301
Church Mission Society	OverseasandHomeMission				600
FaithInFootball	OverseasandHomeMrssion				480
Fusion	OverseasandHomeMission				1,020
Joy For Children	OverseasandHomeMission				1,600
LosGuidos	OverseasandHomeMission				2,465
OasisofHopePoland	OverseasandHomeMission				7,200
P&AFrizelle (Guatemala)	OverseasandHomeMission				600
ShakeTheNations	OverseasandHomeMission				7,200
StreetPastors	OverseasandHomeMission				360
WomenWithoutRoofs	OverseasandHomeMission				7,200
Other Gifts	OverseasandHomeMission				1,085
				____11_1_1_1_

Net income Net income isstated aftercharging:
	2-02L	2020
	EE
Depreciationof tangible fixedassets	32,082	24,454

Theaveragenumberofpersonsemployedbythecharity (includi follows:	ng trustees) duringtheye	ar wasas
	202L	2020
	No	No
Charitableactivities	5.29	5.83
Theaverage numberof staffemployed(Headcount)		9.92
The aggregatepayrollcosts ofthesepersonswereasfollows:	2021-	2020
	EE
Wages andsalaries Socialsecurity Pensioncontributions	135,569 4,806 2,658	131,055 7,886 2,389
	,3,033_____U1;jg*

14	Fixed Assets
		Freehold	Fixtures,		Motor	Total
		landand	fittingsand		vehicles
		buildings	equipment
		E		E
	Cost
	At1stApril2020 Additions Asat31March 2021	1,3o5,ogo 7,679 1,312,759		36,806 3,750 - 34,834 36,80638,584		7,345,636 42,573 1,388,149
	Depreciation
	At1stApril2020 Chargefor theyear Asat31March2021	84,550 22,778 707,328		36,305 501 36,806	3,375 8,803 t2,l78	L24,230 32,082 156,312
	Netbookvalue
	Asat31March 2021
	Asat31March 2020 -1,295,431 t,220,530			-29ffi-J,231N- 501 3757,221,406
15	Debtors
			-		202L	2020
					e	E
	Operational debtors Other debtors			3,333 6,943 5,977 8,894 9&_____]Ig
16	Creditors: Amountsfallingduewithinoneyear
					202t	2020
					E	E
	Bank loans andoverdrafts-Kingdom BankLtdMortgage Taxationand social security Othercreditors				t6,074 2,304 1,979	15,300 2,770 t,837
17	Creditors: Amountsfallingdueaftermorethanoneyear			-ZgH--reu- 2020 202L
					E	E
	Othercreditors-Kingdom Bank Ltd Mortgage			__q q__7!S@_
	Includedincreditorsarethe following amountsdueaftermore		than5 years:
					202L	2020
					e.	E
	Aftermorethan five years byinstalments			@193Qgp99

Analysis of funds
At	lApri! 2O2O Eg,	Resources expendedTransfers EEE Incoming resources		At31 March 2O2l
UnrestrictedFunds
DesignatedFunds Aberysturythchurch plant Renewablesfund Covid recoveryfund	9,550	(101) - -	- 284,000 95,000	9,449 284,000 95,000
GeneralFunds
Unrestrictedincomefund	347,636 238,772(163,510) 357,186238,772(163,611)		(379.000)43,BgB - 432,347
RestrictedFunds
Food bank Lloyds Foundation YouTrust Refurbishments-SomersRd Refurbishments-ElmGrove	56,141 2,306 6,557 t54,75t 17,735	220,666(89,349) - (2,660) 30,211(28,364) -	3s4 (354)	187,458 8,404 154,397 17,735
593ffi__!99,64e__(ZEe1)			____999,31L

Analysis offunds (continu	ed)
2020	At	7April 2079 EEE	fncomingResources resourcesexpended		Transfers E At3t March 2020 E
Designated Funds
Aberysthythchurchplant				(450)		lq000	9,550
GeneralFunds Unrestri ctedincomefund		349509 349,509	226.062 226,062	e17.93il(10.000 (218,385)			347.636 35218d
Restricted Funds
Foodbank Lloyds Foundation You Trust Food bankIT		32,166 8,012 9,214 1,215	71822 - 29,625 -	(32660) (4,173) (32,282) (1,215)		(14,187)56,141 (1,533) 2,306 a5s7
Cameraequipment		1,000	-	(1,000)
Refurblshments-SomersRd		14t982	-	(6,951)		15720	154,751
Refurbishments-		19,508	-	(1,773)		-	12735
Elm Grove
	19!,606		_JlJ;92__lt!J,!Jz		_	_521,676

NotestotheFinancial State Netassetsbyfund	mentsfor theyearended31st	mentsfor theyearended31st	March 2021
	UnrestrictedRestricted		Total Funds TotalFunds
	Funds	Funds	202L 2020
	EE		ES,
Tangibleassets	872,247	359,590	1,231,8377,227,406
Currentassets	264,395	8,404	272,799 99,213
Creditors: Amountsfallingduewithinone year	(20,357)		(20,357)(79,247)
Creditors: Amountsfallingdueaftermore
thanone year	(683,938)		(683,938)(706,696)
Netassets	*432H*__367e_		__800;11___J93f,5_
2020	tttf
Tangible assets Current assets	1,048,920 34,209	172,4861,221,4061,179,079 61004 99,213 102,831
Credltors:Amounts falling due withinone year	(19,247)		(19,247)(15450)
Creditors:Amounts falllngdueafter more
thanoneyear	(706,696)		(706,696)(699,854)
Net assets	lll, 1B6___?;f&!		_5e!&__566,606

Attheyear endthe churchhadfutureminimumleasecommitm	entsasfollows:
	202L	2020
	EE
	Total	Total
Not laterthan1year	2,755	2,155
Laterthan1yearand not later than5years		2,155
	2,155	4,370