RE018TERED COMPANY NUMBER: 06287732 (England ond WgloB) REG18TERED CHARif( NUMBER.. 1420896 Roport of tho Tru8to00 and Audltod ConBolldatsd Flnanolal 8fatam•nts for tho Yéar Ended 31 Marnh 2026 frlopo ¢huroh (14wtown> D.R.E. & Co. {AudEI) Llmlled 7 L+yNer Brook Street Oswe$lry Shropshlre SYI12HQ
Hopo ¢huKh INoYrtvwn) Contonl• of tho ¢0*golld&tod Fln&n¢lal 8l•t8monts lor tho Yo#rEnd 31 Mowh 20ZJ Pago Roforonco and Admln18trallvo Datalli Roport of tho Trugto 2 to 8 Roport of th• IndopondontAudltorg 9 to 12 ¢on8011dated 8tatwnont of Flnanolal AGllvltl98 13 Con8011datod and Company Balon08 Sheot 14 10 16 Consolldalod Cash Flow 81atom•nt 16 Nots8 to tho Coniolldatsd C86h Flow8tatomonl 17 Not09 to the Congolldaiod Flnqn¢lal Btstements 18
HOPD Church ¢N•vrtoYth) R•lèrona• and Adm1nl8tsVO Dalllli foytho Yeor Endèd 31 MArch 2028 TRUSTEE8 Rw A L HevAti Rev D H Curgenven Rev S R Curganven LAlbn M R Alport D M Allport COMPANY 8ECREfARY MT8 A Moroan REG18TERED OFFICE Doll Road N8Wtovm SY18 1JD REG18TERED GOMPANY NUMBER 06287732 (England arKI Wale$> RE018TÉRED CHARITY NUMBER 1120698 AUDITORS D.R.E. & Co. (Audlt> Llmlled 7 Lower Brook Street 03w88try Shropshlre 8Y112HG 8ANKER8 Bgrday8 Bank Plo
Hop• Chumh (Nowiown) IRo9l8tsr&d numbor. 082877J2) RoPQrtoftha Tniots9& forthw Y•orEndod 31 Moroh 201 The tru81808 vtho ora atso dliectorn olth? ¢harfty for Ihe pu0881 ofthe Companles Act 2006, pr68enllhelr report Ilh th8 financlol itatémènt8 of tha charlty and th8 group for th8 y8ar ended 81 Mar¢h 2025. Th¢ tru$tee8 have 8dopted Ihe prov181ons of Ac¢ounlng and Reportlng by Chad1198: Slalamgnt of Recommended Pr8dce appllcablo to ¢harfll98 preparfng thglr accoun1¥ In acrdanCe the Flnandal Reporung Stsndard appllcablo In thg UK and Republ1¢ ol Ir¢lAnd {FR8 102) {8ff8¢tSv8 1 January 2019). OBJECTIVE8 AND ACTIVITIES ObJ8CtIv88 and alms Ihg obledves olthe charfty a8 8tated kn the IN$1 d&8d arn As lo1ttr*, To advance tho Chr16Uan falth In aocordence 1h the Statement In 8uch wayB and In 8uch part8 of th8 Unlled Klnudom or world al the Iru8le88 from Ilm& to tlme may thlnk fil; To rellevg 81ckn8s8 and flninclal h8rd8hlp and to promote and pre8eNe good health by the prov181on of fvnds, good8 or80ry1¢68 olany klnd, Includlngthrough the provlslon of coun8elllng arKI 8UPPOrt In 8uoh part8 of Ihe Unlted Klngdom or th8 worfd 98 the trustee8 from tlme lo Um? thlnk fit. To advgnoè eduoallon In 8u¢h way8 and In èuch part8 ofthe Unlled Klngdom or the world as the tru81ee8 from Ilme to tIMe may Ihlnk ItL Th• chorfty8 arm8, Includlno the ehang68 or dIfferenl It 8eek8 to make, are gov8mod by the Ml•glon Stalemgnt and the Coro Value8, vthl¢h 8ra otat¢d on tho Church web 8. The Chur¢h18 8erfDu81y ¢ommltted to workjng out6ldo of Its bulkllng8 and Impacts tho Ilves of hundred8 Of people e8ch woek through Ila varfeiy of 8lrateglc programme8. Wh&n plannlng the advltle8 foi the year, the Church Leader8hlp Team ha8 collBldered fhe CharSty Comm188lon'8 guldance on publ1¢ benefit and, In parttcular the gpeclllo guldan¢8 on tharfU6s for Ihe advancemgnl of rdlglon. (Secuon 4 Charltleg Act 2006). P899 2
Hopo Church {Nèwlown) IRogl•tsr•d ntsmb&r: 062871J2) Roport ofthg I808 for tho Yèar End•d 31 Mar¢h 2025 ACHIEVEMeNT8 AND PERFORMA14CE Charltablo actlvltlo8 W8 b8116v8 Ihatwe are Tr8n8formed people, Ignlung tran81omiallon In other8,. Wq 888 th18 prfnclplè ba1ngwong autthrough thg araas of dlsolple8hlpi and mAkIng a marked dlffarance In our ¢ommunlty. Hope Church focu8ed Itg energle8 on our prfmary funollon of meatlng on Sundays and Tuesday rdghts. On Sunday we meet for our mornlng 'Exparlen¢e', where on average of ov81300 m8at for wor8hlp and Iho mlnl3try of God's w)rd. In n?arfy every Servlca durfng thh pastyaar, have had naw people attendlng for Ihe ffrnl tlmel W8 hava P08ftton8d Iwo volunteer8 vtho Vl11 focu8 thelr atleftilon on new Internatn81 vl8ltors. Nany Allonder8 al80 volunteer 8efving 8ornewfiere In or around Ihe bulldlng e8¢h week. On Tu8Jday8, we rn8ot In homo9 for Llfe oroupJ, or Ihe Church for our Ignlte Prayer me¢llng. We Gelobrated RemembTanc8 Sunday, Chrf91ma8, Mother8, Day, Ea8tgr, and Falhef& Day a¥ u8ual th18 year, as th889 ovan18 hava meanlng lo peoplo In our communlty. Hope ChUh contlnueB lo look to fill staff vacancleo forour growlng Church, 08 WO try to r980urc6 and expand our ex18tlng team volunteers Ihrough our Leadernhlp Lab. Qnb of our Senlor Leadar8 graduslad from Ch¢8ter Unlwer81ty (Through Ml8810 Dol Blblo coll6> 8 Ma8tof8 Dagreè In Blbllcal 8iudle8, In M8r¢h. Hope engaged In a Varf of ovonlo thlo yoar, the d8to118 ofth6¥e aro Induded belLWI. We worked In p8rtner8hlp wllh the Hub ol Hope and engaged In the followlng acllvltt88'. The Rotroac whl¢h wa9 8lmBd at d8openlng the connectton betrmen 13 lalh9r8 and th811 chlklren. We held It at tha Red Rldgo Adlvny Centrg, 8nd It Involved hlgh.TQP88, 8 zlpllna, paddlebOarlng, oplrEiuRI end r61atlonal Input amd some Praclioal pArenUng wjqdom. Afree event In Iho 8ummer hollday8 VA8 Famlly Fun-Ta8tlo at Maesythandlr School. 90 Hope volunteer8 dld th18 In pather8hlp Ytth Ihe Rapld Responwe Unlt from th8 Brelhren Chur¢h. Thls Involved Intlatableg, game8, B Ilv6 bond, face p&lnllng, 8nd olher acd¥ltle8. Tho Flre Bflgade 8180 brought a vehk18 lo look around, and 320 peopla turned up 8nd 8nloyed a free dey out In thelr oym communlty. Happy Hollday8. For th9 thlrd year runnlng w& provldéd hol me818 end oclfvhle8 for Prfm8ry School chlldren durfng tha month of Augu8t. Ably helped by 60 volunteer3, we provlded 8cllvllleo, ggmea, oneOnne h81p and a lovlng envlronmonl ft)r 46 thlldrén miny of whom have Bpodet or Bc¢lal noed6. At the end of the month, a 'Graduatlon SeNlc8' was hdd where each chud was celebrated end champlonod In fronl of famlty and Mends. Thls year ProJKt Ba¢kpaGki gave out 8 ruck8ack vAth 8chool sup188 to ¢hlldren movtng up lo Hl9h School vtho r8 rec(Jmmended byth8lr Prfmary School& Thlg yearwe donatod 63, and larnlllos ¢amB to the church lo collect them. Coa1841Qd$, Donallon8 from Hopers, Vlslon Offering enabled us to glve a vmm) nter ¢oal to 120 chlldren. A number 01th6 ¢oal8 wonl to Y$gol Ced8vRln (Spectal Needy) 8choDI. Turkoy Fost Once agaln,we(onUnued to provld8 tr88 Chrlglm83 hamper8, conialnlNJ all the raw Ingredl8n18 ft)r a homa4ook Chrl8tma8 meg1, to under-re8ourrAd famlllos. Worfdn9 In conlunctlon wlth Soclal Servlees and Ioc418¢hoo19, thls y88r wo donaied food to 60 Trdmllle8 In the Nevrtown area. Many ofthem would nol be abla lo create a memDrabla f8mlly meal Yllh all the trfmmlngs Ythhout th1$ InHlatlve. Communlty Chr18tma8 Thank8 lo the 8andwth 4nd Sfylad Bw who provlded us V*ith thg agaln Ih19 year. P4g8 3
Hopg Chyr¢h {Nowtown) (R•gl•tornd numbfjr: 0628773¥ port oltho TTh8to9• lortho Yoar Ended 31 Mor¢h 2026 Volunteero 8t8rted Fyeparlng food v8ry earfy on Chrf8lma8 0, al w8 Wor8 abl8 Ihlg y88rto both $end ¢xrt me&18 to our communlty. and InFAte gue818 to corn8 and Bpend Ihe aftemoon wlth us In our Coffee Loungé. The 80 reclplents at home were very graletul, 80ma 8Aylng that a Hop8T was the only per80n they 8awthal day. The SO people Itho Joinèd us for l¢od and acllv1lles wer8 fed, entertalned, Bang to and lovedl Th18 would not have been p0881ble except for a great team ol volunber8 880rfflo8d fhelr fammy Chrl8trnaM to aerv? olhgr¥. In Aprll, Hope Chur¢h Kld8 went On tho Road agaln Ih18 year and dld a 8e881on of aclivllle8, 81nglna. gameg and quIuo8 on a lo¢al houslng 68tale. It w88 attended by 62 kld8 8rKI 30 adult8, who were glven an Iniplrlng and affimlng me86age of God'8 love forlhem. Faad Tho Hungry Twtce In 2023, Hopo Church laamed up vAlh Feed Tho Hungry UK, who 8uppllad u8 1h pallg18 ofrawfoo&ba8ed rnaterlal for u8 to dld0 Inlo famlty.8lzed portiDn8 of rfca, gralnB, floui, pulses, 6t¢. Dozen8 01 Hoper8 helped conv8rt enough food, and welgh, pathago. and label IL Thla w81 enough lo foed 10,000 paople In an under- re80urc8d town or vlllage. In MaTch 2024 wo 8trotehad our8elve8 8v8n further by dolng a fv1120,000 portlon lob In ono momlnu. nearfy 80 Hop6rb, plus frlend8 who don'l com8 to Hop9, fumed up and worked BO afflclanuy that we dld11 In reco Ilm8. There wag Such an atmosphere offun ond engegemanl a8 they worked. AVl8lon Offerfngwas laken In 8opiemberfa181ng fund8 forourl)utrea¢h aclmtles. Our people gavo ov8r£60,000 th81 11 be used In lundlng Communlty Outreach a¢U¥1Ues* poverty rdlef Inlllottveg, ml8slon and enabllng peopl to take 8tep8 In dov6loplng Énd growlng thelr lal Our Chrfolmafj Produotlon, 'Klng ol Klng8' attracted nearty 700 ppIe to ovr mullkmedla prag8nl8110n. Comyalely created and run by Hope Partner8, tt Involved creatlve arl8, mu81clanB, And 8 Cholr. Offerfngs Takèn durlnglhb productlon and on Chrtslmas Day were donated In thelrentlratylo t4YO local Charflles: Belhshan Nurilng Home and the safvatlon Army Food Bank. Alpha We ran ts¥0 12-w8ek Alpha Gourses thL8 year, run by a capabla team of volunte8r8. Alt8ndanc8 wa8 con8l$tentty hloh throughoul, and a11onde8s partlcul2rty enjoyed the Hoty Splrfi doy away al Cefn Lea. Th6 majorliy of people vtho atlended cour89 madg a pgr8onal declslon lo bgcome a Chrt$tlan. and many are attendlng Suntl8y Serilc08 regularty. 18ald Y08 Courn• AB a folloup from eaoh Ajpha Course, Hope ran a fK 881 of m8ellngg that attowed people new to faRh to sludy thg ba8lc8 ol th? Blble, gav8 an Introducllon to some Chrlstl4n dootrfne, and Church Ilfe. Engagement wa9 hlgh 8nd the auendoes really benefltted from the study and the experf8nc88 of the Pa8tor8. By cour8&end, Some allendeeg h8d Alraady expre8ged Interes1 In lolnlng a Ufe Group and s&Nlng In oppothnltle8 thatwero rnIng up. Vvlntor WormorlHopo HangouL For the second vAnler nnIng, ad In dlfflcult clrcumgianca8 for 8omo. tho Church opened Sts doors to anyone who wanled lo meet some people and eal some food In a warm 8paco over the nter months. Taldng place every Wednesday lunchllmo. thIB allracled a greatcrowd (wrnellme8 over60) of moBtly elderfy paople, and was the hIgh1ht oflhelrweok. When Ihlg Progr8Mrr fin18hed al th8 end ol Mar¢h, we Invlted them lojoln our Hope ChuTch Hangoul group. Th1¥ gioup wlll conllnue Ihroughoul Ihe Summer. Bnd becomo Wnter Wami8r agaln at tha end olAuturnn. Th18 yearthe Nowtown 8treot Pasto1% recommenoed fhelrw8gkty sarvtce to tlt8 town and the nlghwtne ecormy. Every Saturday nlgm a leam olvolunlears patrol tha lovm the. offerlng hefp k)vulnoTrbl8 people, bBlng a 80urce ol encour8g8m8nt 8nd a Ilslenlng ear. They ptovldo fllpflops to baTeloot ladles lo prevent {Ury, affqnge taxl's and Ilalse vlth tho local Pofice force. Page 4
HO Chur¢h INowtDm) IRelll8l•Md numbor 118287732) Roportofthg Tru810 forth• Y•arEnd•d 31 MAreh 2020 Connect Mootlng For new pgople lo Hope. wa hold our annual Connael Cour80 In February. Th1918 an Infomallve and Inléracllva 6venlng vllh the Sonlor Pa6torn lo advert188 and glve In81ght Into Church111o End Hope Church h18tory. Th18 bvenlng18 the means thal a por80n ¢an apply for Church Partn8rshlp. Somé peopla 89nl tholr oppllcatlMb In th¢ nèxt mornlng and a dale WEII be aot to welcome them Inlo the ChvroTrL Ivlng INe ¢arrled on 8UPPOrtlng lh8 naw chUh Ihat ha4 been planted In Abery8Wlh IhlB yo8r, helplng to fingnce th8 Pa¥tor8, and also 8endlng pro8che(8 and vl8ltorg Io oncournge and 8UPPOrt th8m a8 thay launched Inlo havlng weekly SeThlca8, We Conllnued th6 pracUs8 of glvlng to 'Chr1811an SolIda v)rld8' to holp Ihom In Ihelr advocaoy effort8, th18 wa8 glven through LM8 Group donatlon8. Exlomal Hlro• Our Bu8lne88, FlnÉnce & FaclllUe8 Manager ha8 headed upthè bu81ne88 &lde of Hope, by u8lng our la¢lllty to galn extr8 Inoomg hlrlng Itoul to lo¢al and nauonal bJ8lno8888, charluw and communlty group8. Every dlent ha$ been Impr8880d by the quallty of Ihe venue and the gervlce thgy havo r6oèlved. Wo alrnady have booklngB for néxt year, and rrf•mmendallons ar8 8preadlng rapldly about the Iddllty. Hopo 08y Nur8ery, now In Its 17th yaar, conllnugo to provldb hlghquallty chlldcare to dlent8 In our ¢ommunlty. Speclal thank6 mu8t be glven to tho Manager, Daputy Manager, and thelr sloff who do 8n out81andlng lob. Th nUT8ery conllnue8 lo bg held In hlgh feuard In Iha town wfth many 908sl¢M8 belng full, and havlno a w8ltlng IIBt. The Communlty Inlere8t Company (CIC) dlrnclor8 contlftue to over8ea and manag9 Ihe leader8hlp of thB Day Nurgery. The ethoa ofthe Nursery op6rallon18 a pracucal ouhYorklrYJ oftho Chartty'g aJm8 and obJecllva$, Qur Sonlor Leader commenced A 8eMnd term of188thng at a nallonal level V1th A$8emblle8 01 God GB, and Hopo hosted 8ever81 Nalloftal event$ for Pa8lor8 ond Lead8r8 In Wal69. Our voluntogrg oorvod Pa9tor8 Yth &x¢ellgn¢e and klndneBg, and we had 80ma wonderfvl Gomment8 about how well they w8ro Ireated, and how In8plred thoy vMre to go back to th85r own ¢hur¢heJ and Implement 80m8 of Iha thlng8 they had ¥een at Hopo. Baptl$m8 On Ea81er Sunday, we bèpllsed 13 people, many ofytho harf worked through the AlphA 8nd'l Sald Yes cour891.' It was In¢r6dlb]y sllrrtng to hear thelr Ilfe 6torfe$ and h(w much Irangformallon had gon6 on the lew monlh8 thay had b88n a Chrl8tlan. FINANCIAL REVIEW Flnanclal po8lllon The $tatem8nt ol Flnancl81 Acllvltleg $how a dellcll for Ih? year of £28,881 (2024.. £46,343>, and now 61and al £4.698,064 (2024 £4,926,745). Prlnclpal fundlng Sources The acflvlUe8 ol the church are funded prfm8rtly by tho voluntary gift8 Irom those who altend the chur¢h 2nd See 11 as thelr splrtiual home. A 8lonlllcant amount18 8180 recelved In tax reclalmed under tha Glft Ald 8eh8m8. All departments r8lse mgn8y from weekty le08 & tud(8hop8. The SubdIry (mmUnIty IntereBt bu81no88 al80 Gonlrfbute8 lo lh8 Inromg by way of donailong and as 6xpeoled venue hlra, re&uSUng from tha r&buUdlng program15 al80 8lartlng to conlrlbute lo th8 Income, vthlBh Is expected lo grow further. JI expondlbjrelg undertaken In lkne vlth Ihe charlty group* obJecllve8. P899
Hopo Chuwh INewlowMI (Rogljtornd numbgr. 0626Y732} Roportof th• Tfu81098 fr•rthg Y•ftrEndod 31 Maroh 2020 Inmthiont pollcy and obJocilve¥ Tho fN8leg8 lake $erlou81y thelr re8ponslblllty lo en8uro Ihat fiJnd8 are not put at rl$k, al80 leek to achteve th8 hlghesl intere81 p0881ble where 8urptU8 fvnds are In hand. Funds have been $wead acro$8 Wtdor financl81 Inslllutions In orderlo take adv8nt8ge of Qovemmeni guarantees. In the next flrandal year, w8 anGIPala a relum to a more reoul8r UBe of Charlty Incoma for Ihe conllnuatlon of our Alm8 In the Church and tha comrnunlty. Alonll lam goal Is to &r4ulr6 longerterni 898et8whlch could Pfovkle a 8trongerrApItsI ba fortho ¢harfty oroup'• operatlon8. R080rv98 polloy Th8 church keep8 8ufflclent fund8 In It8 current a¢¢ount io cover at least 3 monlhs of normql oulgolng8 - YRg8s, ullllty blll8 olo. Surplug fund6 aè dl8¢u88ed under Inveglm8nlg Ara kapl In Inler88t.b8arlng 8ccounts vAth Barclay8 and Klngdom Bank. We VAII look to utlll8e hlaher Inlere8t rat6 SoUnta where po851ble and balance thIB wlth Ih need to acceB8 fvnd$ qul¢bJy If nqoded. Free re8errfes wh5ch equate to net current a88618 {•xchKllng rè8tr1cted fund8) amount to £257,523 (2024; £283,692). FUTURE PLAN8 T8lkg Èré ongolng th the A911mbNe8 of God a$ lo how Hope Chur4Jh oart b8 furfher Involved In Int8rnallonal M1881on Iflp8 Into Eurapg. We ara re8earchlng how w8 con ¢aplt81119 on thg Ml88lonAI Outrea¢h do to our communlty, vAth tho almi of Qojpel w6$enlatton and all8vlalbn of povorty. 8TRUCIURE, QQVERNAN¢E AND MANAGeMENT Govgmlng document The chaty1$ 8 charltable company, Ilmlted ty guarante6, Incorptsrited on the 20th June 2007 and gov8m8d ty 11$ Memorandum gnd Arll¢le8 ol A850cl8tlon. The 8ub3crlbtng member8 01 the company undart8k8 to conlrfbthe £1 each In the evont of118 vAndlng up. Hope Communliy Church (Nevrtovm) ocqulred118 a88818 under a tran8fer agreement from Ihe unlncorporalod charlty Hope Communlty chUh on th6 271h February 2008, and 8ub8equenfly chaftgbd118 nam6 lo Hope Chur¢h {Newt¢)wn) on 18th February 2012. Recrulimont ftnd oppolntrnont of now trugts08 N8W truelee8 are appolnled by the Chureh CounGII folloKrfn9 con8ultallon and pr8y8r, No other Indlvldual or body lo enllued lo appolnl tru81eB5, TDJstee8 Ar6 appolntad at the Amuat Oeneral Meetlng In accordance vAth the Trust Deed. Organ181tlonal 8lructUTO The leaderghlp of the organ18allon18 tn the hAnd8 of the Board ofTrn¥l¢e$ engum that the charlty op&rat88 legally, morally ond finenelbj Integrtty. Th6 salarleg of pald tW81ee8 are detemilnod by non-pald IN8tae8 and other Abl8 Indopand8nt advl8or8. Tha IN8te88 me8t monlhly to undertake neo49oary bu8lne88. Indu¢llon and tralnlng of now trustoeg ny new tru8tees would bo appolnted from wlthln th8 Church andvU1d already b8 very famll1grlh th6 alms and oblecUve8 of the eh8rlty. Should any now truste88 ba appolnled, Ih81r role and ragpon61blltUeB YL)uld be mHde clear. With regwd to the Church Councll, members meet togoih•T regular]y for tralnlng as regard8 Ihelr rol& Yllhln th# Church and also aliend conf6renc88 run by ou181de IxKJleg. In Ihelr regular management mgellng8, the Chalrman keeps all members aware of any eurrent legl8latlon or other requlrements thal aro relevant to tho aGtlvltl98 of the charfly- for exam9 Blalulory compllance and chlld protecllon18SU68.
Hopp Chur¢h {Nbwtown) IR¢glot6Y•d nwmb•r. 06287132) Roport otth• Truotseg loi lh• Y•ftr Ended 31 MITGh 2020 Koy mjnagompnt r8mungrntlon The remuneratlon of key m8nagemenl peT8onnel118et by the board of trustee$ and 0th8r profesglonal per80n8 o ara part of the organ18atlon. The benchmark pay18 8£1 by taklng Into 2¢count the lollovlng: A8s8mblla8 of God guldellne8. Comparoble roles and org8nlsatlon8. UK rate8 of Inflatlon. The propo8gd budget for the follovlng 12 month8. Relatod partl98 There are (wo connected chathle8 . Both$han Sheltered Hou8lng A68rKlallon & Tha Hub of Hope Foundatlon. B6thshan wa8 8&t up to Pde a nur81ng homg for tho elderly 2nd the vtglon of HO Communlty Church bul wa8 constltuted 88 an Independenl chartty In 1996. Flve oflho Church Councll also 86Ne ag tru8ts88 01 B8lhshan. The Hub18 O Beparate chaJlty and 3 otthe church trustees 88r¥e on the tru8tee8 for Ihe Hub. Hopo Day Nur6ery18a Communlty Inlere8tCompany 801 up by thochurch to 8trearnllne thg Inler6818 and accoun18 68par8tely from the maln Church mlnTaty. Theee accounlsare Included In the¢hartty group'8 Ilnanclal 8talem8nl*. Rlsk mNn9gomvnt 111 the a8pects of r18k. Includln9 thè fl8ld8 of H881th & Safety, EnrOnmental H88tth, Flre, etc, 8Te con818nlly revlewod gnd, tra nec688ary, acllon and lale8t recomm8ndalJon$ ere Implemented, One of tho tru81eo8 ha8 apecmc r68ponslblllty formanaglng rf$k aB8e8bmenl throughoul Ihe vaflouo church deparfments. Th6 Church al60 op8r8teu a vlgorous Chlld Piotectlon Polkny lèd by two do81gnat•d offi¢er& 8TATEMEIU OF TRUSTEE8' RE8PON81BILmE8 The t(usteeB (¥tho are also the dlTe¢lors of Hope Churth (Nevrtown) lor the purp0888 of Company law) are re8pon81ble lor pr¢parlng Iho Report ol th8 TTu81808 and th& ffrnanclal glAtement8 In accordane vAth eppll¢able law and Unlled Klngdom Accounllng St8ndardg (Unlt8d Klngdom Generally Accepted Accounllng Pracllce) Includlng Flnanalal Reportlng Slandard 102 Yhe Flngndal Reportlng Stgnderd 8ppllcabl6 In the UK and R8publl¢ ol lieland.. Company18w requlres thg tru8lf 88 lo prepare Ilnanclal 818temenl8 for each flngnclal year. Undèi thal law, Ihe tru8t008 have elected 1¢ propare th8 flnanelal 8tatem8ft18 In accordance vAth Unlted Klngdorn Gènerally Aooepled Aocounlng Pradl¢a Trlnlted Klngdom Aocounllng Stèndard8 And appllcabl818w). Under Gompany law the tw3le88 mu8t not 8pprovo the Ilnanclal 8tatements unle88 Ihey are ¥Hllsftgd that Ihey glve a true and falr vlthv of the 81atè of 8ffalrs ol Ihe ¢hadlablg company and of the Incomlng re¥ource8 and 8ppllcallon of re80urce8, Includlng the Inwme and expendliuro, of Iho ¢harftable company for that perfod. ID preparfng tho88 ftnand81 8tatements, the tru8tee8 aré requlréd lo 88lecl gultabla aOun11nll POll¢le8 and In appty them Con¥ten11y. ob5eNe thg methods and prfnclple8 In the ChaittleB SORP; Make ludggments 8nd estlmales that ore rea80n8ble and prudontr prepare the flnanclai 8tatemen18 on Ihe golng concem bag1$ unle8$ It ts Inapproprfale to pre8ume that the tharllablo company wlll C4)nllnue In buslness. The truste88 are respon8lble for keaplng PlOPeT accounung record8 whlch d180 wEth rea80nable aGGuraGy at any Um8 fheflnandal posltlon of thecharflable company and to enab]e them lo erK8ure lhal thefinanGlal Bl8lemen16 comply vllh lh8 Companle8 Act 2008. They are a180 r89ponBlble for safeguardlng the 898et8 of thg harItabl company end hen¢e lor taklng rea80n8ble 8tep8 for the wevenllon and dgtectlon of traud 8nd olher IolerftI9S. In 80 far as the Iru8tee8 we aware: thervlg no relevant audlt Infomlatton ofwhlGh thfj chartlable company5 audttorg ale unawaré,. and the trustees have taken 811 ¥tepB th8t th8y oughl to have taken to make thems888 aware of any relevant audlt Irrformatlon and to establlsh that the audllors are aware of Ihat InlormBUon. Poge 7
Hop6 Chuvch It4•Wto) (R•glotsrnd numbor. 116287732) Roport of Iho Tru8t••o fol tho Yfrar Endod 31 Mnr6h 202J AUDITOR8 Thg audltor8, D,R,E, & Co. (Audft) Llmffod. 11 bè prop0alorra•2pp0lrttrn0n1 atthe forthc4mlng Annual Gen8rn1 N88tlng. Approved by order of the board ol tru8te88 on 3.Q....4..etrU4P4. IQ... and 81gned on118 behalf by: Rav D H Curg6nven- TN8tee
Raportollho IndopondentAudlloM fo Ihe TN91888 01 Hopo Chumh (Nwrtoym) Oplnlon W8 havo audlted thg finonchl 8talem8ntg of Hopo Chur¢h (NwAown) (the lyarent oharftabla company? and It8 subsldlary (thg'group,) for lh8 year ended 31 March 2025leh¢0mplI88 th8 Con8olldated Statement ofFlnanclal Ilvltte8, Con8011dated Balanca Shegt, Con8olld8ted Ca8h Flow Stalam8nt and note8 to the Ilnanol818tatemant8, In¢ludSng a 8ummary of 81gnM¢ant accounung pollcles. The finandal teportlng framewoTk Ihal ha8 been applled In thelr preparallon 18 appllc8ble law and Unlled Klngdom A¢counllng Slandafds (United Klngdom G8neralty Accepted Accountlng Practlce), Indudlnu Fln8nol81 Reportlng Standard 102 The Flnanclal Reportlng Standard 8ppHc8ble In the UK and Republlc of Ireland,. In our oplnlon the finandal 81at8m8nl8'. glve a lJue Hnd falr vlew of tho slate ol Ihe parenl dwllablo compBny'8 affalrn a8 at 31 March 2026 and of118 Incomlng re80ur¢48 ond 8ppllcaUon ofr980ufc68, Indudlng H8 In¢omo and expendllure, forthe y88rthen ended; have been proper prep8red In 8rdance vlth Unlled Klngdom Gen8rn1ty Ac¢ep18d Arthuntlng Practlce, Includlng Rn8nclal Reporllng Standard 102 The Flnanclal Raporflng Standard appllcabla In the UK and Republlo of Iroland,; and havo be&Th prepared In acoordancè 1th Ihe requlrement8 01the Companle8 Act 2008. Bao18 foroplnlon Wo ¢onduclgd our audll In accordance wxh Intematlonal 8landwd• on Aikllllng (UK) (ISAI (UK)) and Bppllcabl8 law. Our fespon81bllitle8 under th088 Slandarth are further d980nl)ed In the Audllor8' re8pon81blllllo9 for th8 audlt 01 the Ilnanelal statement8 8eotlon of our reporL We arè Independonl of the oroup In accordance wmh the 8lhlcal roqulramoni8 thal Bre ralovant lo our audlt ol Ihe Iln?nd81 Blaloments In the UK, Inttludlng tho FRC'8 Ethlcal Stsndard, and we hav6 fulfflled our other elhlcal re8ponslbllllle¥ In e¢¢ordan¢8 vAth th080 requlrement8. Wa belIe thal the audll 6vIdeO we have obt8lned18 8uffloloni and approprfala kn pravldo a bA118 for our oplnlon. Conclu81on8 rolaflng to golng ¢oncom In audltlng tho flnan¢lal 8ts1emenl8, wo hava Concluded thal tho tNJleag' uae of th& golng n00M b8¥18 of accounllng In Ihe preparauon of the flnanolo181alements18 approprlala. Based on the YKrk we have perfomied. we have not fdenUfi8d any malerlal uncrtalnlle8 relatlng to events or ¢ondlllonB that, Indmdually or AleelIVe1y. may ¢a8t 81gnlficant doubt on Ihe group'6 ablllty lo contlnue as a golng concem for a perfod ol at leabt Iwalve monthg from vth8n the Ilnand818tstemenl8 are authorf8ed for188ue. Our ro8ponilblll1l end the re8pon8lbllllleg of the ffU8te88 vAth resp8 lo golng concem are de8crfb?d In Ihe relgvant 8gdlon8 of IhlB report. Oth¢r Infomiatlon Tha iru81ees ara re8POn8lble for th8 other Infonnatlon. Thg other Infomiallon ¢omprlge8 tho Inlorm&llon Induded In Ihe Annual Report, other than Ihe financlal 81alemenl8 and our Report of the Indep6ndenf Audllors Ihereon, Our oplnlon on th8 Ilnancl81 etatsments doe8 not COV8r the olher Inlomi8Uon and, except to tho exienl oth&ThSe expllcftly 818tad In our report wa do nol expres8 eny fonn ofa88urance ¢oncluslon thereon. In ¢onnedlon th our audlt of thg flnanclal statement6, our re8ponslblllty Is to read the other Informalli)n 8nd, In dolng 80, con81dor whether Ihe olher Informallon18 malerlally Incon8lslent vllh Ihe flnanclal 8latomen14 or our knowledga obtalned In the audll or olhorvlsa appear8 to bg MarfallY m188laled. If wa Idenilfy such malerf81 Incon81stencle8 or 8pp8ranl matorfal ml881at8mgnl8, are r¢qulred to deternilne whelher IhlB glve8 r189 to a malerlal mlg8latement In the ffnan¢lal 8tatements themselve¥. 11, based on the WOTk we have perfomied, we conclude th8t th8r81g a malerfal rn188tstemenl of th1$ other Infomiauon. we afe required lo r8POrt thal faoL We have noihlng to roport In thls regard. Pwg
R•port ofthg Indopond•nlAvdllorn lo th6 TNgtooB of Hopo ChuKth (N•wtMI Matter8 on whlch are requlrnd to report by oxcepdon We hove nothlng to report In re8pect ol Iho follovAng matters whern the ChArlU8B (Accoun18 and RoPOrt81 Regu18tlong 2008 requlres ug to r¢port to youll, In our oplnlon: the Infomallon gfven In Ihe Report of tho TN8lea$ Is In¢on81&tsnl In aw m81eTlal iKpe¢t Ylth the flnanolal $ialemenls', or the parent ¢harll8ble eompany has not kept 8dequala accounvng raoords; or the flnandal 8ts14rnenl8 ara not In agreement tha Qfx*iunUng iecordB and return8. or wa have not reoofvad all the Infvmiallon and explanallong YK requlre foi our audSt. R08pon8lbllltlo8 oltnl8te6s A? 8xpl8lned more fijlty In ihe Statement of Tru8l888' Re8ponglbSllUe8, the trualee8 (who ar6 Al80 lh• dlreclor8 01 the ¢harflablo ¢ompany for the puq)oBe8 of company lawl ar6 responglble lor Ihe prepaiatlon ol the finandol fjtatemenl8 and for belng salJs118d Ihat they 8 Irue and falr vlew, and for 6uch Inlern81 eA)nlrol as th& tr$1888 delermlna18 neceiBary lo enable tho preparallon of Ilnanclal 4tat8meni8 Ihal are fr88 from matarf81 mlsstatemonl, ether due to freud or orror. In preparlng the tlngncl8181atement$, th8 truatee8 are re8ponslble lor a380ng Ihe charHabl8 company'8 8blllty to ¢onUnue a$ a golng concem, d18cIoBlng, a8 Bppllcable, malters rala16d to golng concern and ujlng the golng ccncern b9918 01 occounvng unl8B8 tha tru8te88 ellher Inlend lo Ilquldalft the ¢hadlable company or lo ¢988 operation8, or hAV8 no reallBtk altemallve bul to do 80. PagD 10
Report of tho Indop8nd•ntAudltor8 to tho TNots08 of Hop chreh IN•wlown) Our rgepomlb1111188 for the audlt of th&flnan¢lal g14tèfftoNts We hav8 been appolnted a8 audmorn under Secllon 144 of Ihe CharftteB knt 2011 and rewrt In aecordanco wSth the Act and relevanl tegulaUon8 made or havlng off8¢t ther¢under. Our obJectlve8 are to obtaln rea80nable ogBur8nca el)out wh8iher Iha finanGlg5 8tatements a8 a whol& are free from materfal m198tatement, whglher due to fraud or error, and lo18BU6 8 Report of tho IndependentAudllorn thal IncludeB our opqnlon. Rea80nuble a8BUrBnIO a hlgh lev81 of 8$8uranGe, but Is not a ouar8nt88 Ihat an audft tndUcted In aKordonco wlth18A8 (UK) wlll 8lway8 detect a mAl8rlal m198talementvthen It ex1818. Mlg8latemenl8 Can arl&8 from fraud or erforand are Congldered materlal If, Indmdualty or In the aggregata, thay could rea80nabty 9 oxpectod lo Influen¢0 the eGonoml¢ declBlon8 01 u8era taken on lh8 ba819 of the88 finandal 8tslem6nl8. The extent to Mhl¢h our proGeduro8 are Cap10 ofd6tecllw lTh¢gulartU88. Indudlng fraud18 detalled b8loYr. th6 engauemenl partner ensur that tho engagement te8m ¢oIledlvdy had tho approprfata compelence, capabllllle8 and 8k11181o klenilfy or rocognlge non*wmFqSAnc8 vAth appllcoblo law¥ and ragulatlong: -we Id8ntffled iha lawB end regu1811on8 appucable to the company through dig¢u88lon8 wlth dlrectorn and othfrr managemen( end trom our commerdal knAodge and expeonCe of Iho dl8nl'6 oporatlng $tor, . focu8ed on speclflc laws end regulatlon8 vthlth w8 con8ldered moy have a dlreot mAlerfal 6ff¢cl on the flnanclal 81aternents or the operollon8 oftho company. Includlng the Companle8 Acl2008, Ihe Chu(ItI08Act 80RP, laxalon leglsl8tton, employment, ¢nvlronmenlal and h8atth and saf¢ty1ogl&latlon: - we aisessed the extent of oompll8nc8 tth th& law6 ond regulalkni Id6ntlfied above through mftklng enqulrle8 of managemenl; and - Identlll8d lawi and wulaUon8 ware communkoted thIn the au(th leam regularly ftnd tho team ramalned alert lo In8tonc98 of noTr¢ompll8nce throughout lh8 audlL We 88seB8ed the 8U8oeptlbllty of the oomp8nl8 1lnanolg18tatoment8 to maleflHI mls$kbment, Includlnu oblolnlng an under8tsndlng of how fraud mlght occur, by: - maklng enqulrfe8 of management 08 lo Ihelr knovAedge of a4fval ÈU8pecled and alleged Iraud; and - ravlowlng the cllenva 8y8tsm note8 and Internal ntrol&. To Addre89 Ihe rt8k of fraud Ihrough m3nag8ment bl88 and enIde ol contro18, we: - perfonned analyuoal procedures to Identify any unu6ual or ungxpected relallon8hlps: Igsled Joumal entrles to Identlfy unusual Iran8acllon$; - Inveitlgaled the Tallonale behlnd Blgnlficanl or unusual tr4n88clon8. In ro8pon88 lo the r18k of Irregularftles and noTremp0n¢8 vlth lawb and regulallonB. y de8lgned pro¢edur68 whlch Included, bul were not Ilmlted to; . agreelng flnanclal Blalomenl dlsdo6ureg lo undefylng Supporflng dowmenlatk)rn . enqulfing of rnanagement 4$ to actual and Potentlal Illlgatlon and clal - revloylng ¢oryesponden¢a wlth HMRC and Ihe ChaTlly Comml$$lon. P8ue 11
R•portoltho IndopandentAudltOT8 ltsthfr Truet660 of Hopg Chur¢h {N•wt•xYn} There are Inherenl Ilmilatlona In our audit Fxoradure do8orlbad abovo, The moré r8mov8d thal lavm and regulallon8 are from flnanc191 Ir8n88Ctlon8. Ih81683 Ilk8ly It19 that we Uld become aware of non.¢ompltanrA. Audlllng 8landard8 8180 Ilmft Ihg audlt prooedur88 r8qulred lo Idenllfy non.compllance vAlh laws and r¢gulallons to 8nqulry ol th8 dlrector8 end other managernenl and tho Insp6ctlon of regulatory and leg81 corr8spondence, If any. Moterlal ml8818lament8 that a86 due to fraud can b& horder to delecl than th080 Ihat 8rf8e from error a8 th8y may Involve dellbBrato conce8lmenl or eollu¥lon. A furlh8T de8orlptson of our re8pon8lbllWe8 for th8 autht of Ihe flnanolal 8talemgnts 19 locgted on lh& Flnan¢lal RèpDrtlng Councll'8 Vb$ll8 at vNM.fr&org,uklaudllor8rosponslbllllle•. Th18 d?lIon form¥ p¥rt of our Report of the Indopendent Audltor8. U80 olour réport Thts report18 made 8016ty to Iha chwllabla ¢onwqnl8 Iru8lee8, a8 a l)ody, In artordance llh Pqrt 4 of lh• Charllle¥ (Accoun18 and Report6) Regulallons 2008. Our audll work has beon undaithken 80 thal we rnlghl Stala lo the charltable company'8 Irustee8 th088 m8tt8r8 W6 am r8qulred to glAle lo them In an audlloi8' report and lor no othar purpose. To the fvllest exlenl pemiltled by law, we do not accepl or 888ume re8pon8lblllty lo anyon olhor than tho Gharlleble company and lh8 eh8rttable companV8 tru819 8$ a body. for our audlt woth, for Ihl8 report, or for Ihe oplnlons hava fom)¢d. for 8nd on b8halfol D.R,E. & Co. (Audm) Llmlled Ellglble to act 88 an audllor In temH of Seijllon 1212 of tho Compnl88 Aol 2006 7 Lower Brook Street 08wegtry Shropghlra SY112HG Sol,ILG Pago 12
HopD ¢hurnh {Néwlown) Consolldatod Statom¢ntof Flmanolal Acfl¥ldDB llno0rporang an Income and Expondlturè AooouN for th• Yr Fmdod JI March 2026 31.3.25 Total ndg 31.3.24 Total fui)d8 Unrostrlctod ROBtrf¢tsd fund fund Not09 INCOME AND ENDOWMEMT8 FROM Donallon8 and18gac198 Charftabla loll1103 Mlnlslry Olh¢r tradlng ath1Uo8 Inv88trn8nt Income Yolal fj70,709 070,709 499,381 IB,906 619,20Y 7.600 23,406 619,20Y 14,228 12,159 1109 349 7 600 1116 849 1028 884 EXPENDITURE ON Ra191ng fvnds Chgrftable actMtle8 Mlnl8ty Total 441,487 441,487 427,261 702 663 1144 030 70 068 646 988 1146 630 1074 227 NET INCOMING IIEXPENDITURE 134.8811 8,000 128M81I {46,343) RECONCILATION OF FUND8 Totsl fund8 broughtforward 4,926,745 4,926,745 4,972,088 TOTAL FUNDS CARRIED FORWARD 4 892 064 8 000 4 898 064 4 928 745 Th8 nole8 fonn port ofth86e Itnandal 8labmgTrts Page 13
Hopo Church ft4owlown) (Rfjgl8t•Md numbov: 06207732) Con8olld&tsd and Company Bolanoo Shoot 31 MaKh 21121 Not68 Group 31.3.26 Group 31.2.24 Charfty 31J.26 Chgrfty 31.3.24 FIXÈD A88ET8 ranglbte assets Inve8Lments 16 16 5,761h97 6,863,502 6,764802 6.863,126 5,761A97 5,863,602 5,764,803 6,863,128 CURRENT A88ET8 Debtor8 Ca8h al bank arffl In hand 17 26,379 7,638 367 110 374,84B 4Y,133 297 402 344,230 42,861 303 838 346N97 308,238 CREDITOR8 Amoun14 falllng due w5th1Tr one year 18 1104718) {91.066) (69.376) {60,406) NET CURRENT A8SET8 283 523 283 692 274 860 288,091 TOTAL A88ET8 Le88 CURRENT UABILITIE8 6,026.020 6.147,094 6.029,663 6,139,217 CREDITOR8 Amounts falllng due after moro Ihan one year 19 11,128,958) (1,220,349) 11,124458) (1,216,348} NEf A88Ef8 4 898 064 4 926 745 4 900 207 4 923 869 FUND8 Unre8trtoted fund8 Re8trtcted fund 23 4,892.064 4,926,746 4,899,207 4,923,889 000 8,000 TOTAL FUNDS 4 898 064 4 926 745 4 gOB 207 4 023 889 rh8 chad18bl8 company18 gnlllled to oxempllon from audll under Secuon 477 of the Companles Act 2006 for the year ended 31 March 2026, The member8 hav8 nol depo8tted notlce, pur8UAnl to Socvon 470 of Ihe Companle8 Act 2006 requSrlng an audlt of these Ilnanclal s18tement8, rhe tru8l888 acknowledge Ihelr re8ponBlbJltll88 for (a) ensurfng thal tho charftoble company keep8 accounthg record8 Ihat comply wlth SecUonB 386 and 387 01 Iho Companle8 Act 2008 and (b) prepaTlng fflnanclal glalements whlch gtve 8 Irue and falr vlw of the stste.ol aff8lr8 of the charftablè company a8 8t Ihe end of each flnsnelal year and of 118 8UTpIug OT deflclt for earh fin8nclal year In 8ccordan¢o vAth the requlrements ol Seotlonj 394 and 396 and vthlch olheTh•Asb Comply vllh the requlremgnt8 of the Companles Act 20D6 relaung lo Ilnanclal siatemenh, 80 far as appBcabla to Ihe oharffable company. The notes lomi part ofth089 In8nc401 etalemgAts P8gg 14
Hope Churoh (N•wlown) (Rool•l•rod numbér. oe217732) Coh80lldated and CompAny Balon¢• 8h•èt v ¢ondnugd 31 March 2025 These financLql 8talem8nlg hav¢ begn audltad underthe requlr8ment8 of Seouon 146 of th8 Chortlleg A¢1 2011. The80 ffn8n¢lal $latemgnts hove been prepared h accordance vAth the provl8lon8 appllcabla to ¢hafttablg o)mpanb8 8ubJeot to the 8mall ¢ompanlo9 reglme. Ih8 flnanclal 8tatem8n18 wer8 approvod by the Board ol Tru81898 and aulhorl8ed for I$$uo on 30.,1PtsKIA44...2o... and %re 8lgned on119 behelf ty. D H eAirg6nven- FU8 The noloB lom part ol Ihe80 IlTraRdo1 Bl4lemnl8 Page 15
Hopg Chu¥oh IN•wlown) Con8011datsd Coih Flow 8tat•mollt lor tho Year Endod 31 rfjh 2020 Group 31.&25 Group 31,3.24 Charlty 31.3.26 Chavlty 31.3.24 Notes Cash Ilow8 from operallng acllvltle8: Ca8h generatad from operallon8 Interest pald 208,969 200,722 212,434 201,524 (99,035) (105,873) 199,03B) (105,673) Not ca•h provldod by opbrntlng acllvlllo$ 113099 Ca8h flowa from Invostlng a¢tlvltlo8: Purcha80 of langlble fixed a8sel8 (49,191) (18,860) 149,191) 14,798) Inlere8t recelved 3027 3,118 3,027 8,116 Net ¢A8h sed In lrtvo8tlng a¢llv11108 CB8h flow from flnanolng a¢llvltlo8'. Loon repayments In ye (18,168) (133,680) (88,168> (133,880) Intorcompany loan 630 14,187 28,113 N81 cash u8ed In flnanclng aclSvttla# 123 880 106 667 Change In ca8h and ca8h equlvalent8 In Ihe repong perlod Cash end cash equlrfalani8 ai iha beglnnlng of the reportlng perlod 125,261) (64.375) (6,634) {11,3971 367,110 421,486 303,638 815,033 Cash and cash equfvalents at the end of the reporttng parlod 341 B69 387 110 297 102 The nolos fDmi p8rt 01thosg IknRndal 8tatemgnts Page 16
Hops Church INgvrtown Con8011dalfjd Not08 to Ihfr Caoh Flow 6tat¢m•nt fortho Yo4r Endèd 31 Marnh 2026 REcaNCIUATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES Oroup 31.3.26 GT¢UP 31.3.24 Charlty 31.3.26 Charfty 31,3,24 Not oxp•ndltur6 for tho r8POrtlng porlod { per tha Slatsmgnt of FlllanGlal A¢llvltl08) Adjustments lor: Depreolatlon charges Arnortl8atlon of grant Inlera8t recelved Inter881 pald IngreaBe In d8btor8 Increa801(decrea8e) In cred5tor8 (28,e81 {45,343> (18.682) (48,219) 161.196 12,$00) {3,6271 99,035 118,8441 10,291 164.641 P,600) (3,116) 105,673 (1.051) (T,482) 147,614 160,864 13.6271 9fr,03U (17,8271 001 (3,116) 106,673 (1,031) (2,618) Net C88h provlded by operaung aGU¥l1188 208 969 200 722 212 134 201624 ANALY818 OF CHANGE8 IN NET DEBT At IA.24 Ca8h flow At31.3.26 Group Nel oa8h Cayh al b8n% Debt Debts falllng due wllhln 1 year Debts faulng dug 9figr1 year 867,110 (25.251) 841,869 (53,531) 1216 348 1288 879 (1,839> 135 518 183 679 (66,264) 1124 466 1180 720 901769 108 At1.4.24 C88h flo%v Al 31.3.25 Ch8rlly Nel ¢a3h C88h 81 bank Debt Debts f8lllng du8 thIn 1 yegr ebts f8lllng due after 1 year 8D3,836 {6,634> 297,102 (53,631> 1216348 1288 879 (1733> (66,264) 1124 466 1180 720 883618 Tha nots8 fom) oflheoo finandal •tfjI*nts Paga 17
frlopv Churoh {Nfjwtown) Notai to tho con8o11dat FlnanclalSlatgm?nts fortho Ygar EndTrd al MJr¢h 2020 8TATEMENT OF COMPLIANCE The89 fin8nd81 glalgM8nt8 have beon propared In accordance Wilh Iho FlnanLa8J R8POrttng 8tandard 102 'Tha Flnanclal Reportlng Starmlard appllcable In the UK and Republlo of Fr81Bnd' 8nd tho Charllles SORP (FRS 102). ACCOUNTING POLICIE6 Company 8tatU8 The oharlty Is a compony Ilmlted by guarantee regl8lered In Enoland and Wale8. Tho m6mbern ol th8 compAny ara Ihe Tru$tae& namad on page 1. In the evenl ol the oharlty belThJ wound Upi the Ilablljty In Te8P801 ol Ihe guaranlg918 Ilmll6d to £1 per mambor of Ihe charhy. Bag18 of proparfng tho flnan¢lal statoments The flnanclal Btatemanl8 of th8 ch8rftabl8 company, vthlch Ib 8 publlo benoflt entlty under FRS 102, lave been prepared In 8ccordanc8 with the ChahU88 SORP (FRS 102)'Accounlng and ReportEny by Charfll86' $latement ol Recommended Practtce appllcable to charltle$ preparlng Ih&lr accoutt18 In aCrdanCe th lh8 Fln&nclRI Reporting Slandard op[¢ble In Iho UK and Republlc of Iréland (FRS 102) (effeollv8 1 January 2019),, FlTrandal Reportlng Standard 102 Tha Flnanclal Reportlng Slandard 8ppllcgble In thè UK and RepuUlc oflrelanrf and the Compan[68 Act2006. Tho flnandal 8tatemen18 hav8 been prepared under th8 h181orf¢al cost ¢onvenlton, vAth tha excepllon of Inve8lment& whlch are Indud8d al market valua. Th6 pr88entaUon ourreTroy of lh8 flnanol818laternents l# Pound Sterflng (W, rounded lo the noarest £1. 88818 of con&olldallon The con8011d8led accoun18 Incorporat8 the rosutts of Hopa Churth (N8vAovm> and Tis Subsldlary undertaklngs on a Ilne by Ilne ba818. The consolldated enlty18 feferred to 89 Xhe group,. No eepoTale ¢omp8ny Statement of Flnanol8lAcUvltle8 (SOFA) hai been prepared forthe charlty 8$ pemililed ty 8e¢llon 408 01 Ihe Compan168 Acl 2006. In¢omè All InrnIng re80UTGeB 8re re¢ogn18ed onco tha ehBrlty ha8 enllllem8ntto the resourc88, any perfomi8n¢e ¢ondrtlon8 allached to the Ilem(&) of Incoma have been mal1118 probable Ihat th8 Income VAII b@ reoelved and Iha emount coTr b8 meaBured rellably. G1ft8, legac8, churoh offerfng8, Income tax re¢ov6red and Ineome of a Blmllar natur818 reeognl8ed ern therglg onllllemenl, probabl8 ol rec8lpt and rAn be m&awured rellably Incom8 dlrect from charitabl8 aclfvllleg18 rocognlsad e8 earned 98 Ihg seNlce8 provlded and Ihe amount Can be measured rellabty. Expondlturo Llabllllles are re¢ognl8od 88 expendllure ¥oon a• there 1$ a legal or con81nt¢llve obllgallon commlllln9 th& ¢harlty to that expendSlure. tt 1$ probablg that a Iran8fer ol economlc benefFI8 wdl be requlred In eellement and the amount ot tlw obllgatlon can bo mea8urqd rellably. &p8ndllure18 accoimted for on Bn a¢crual8 bas18 and ha8 been cla88tlfed under headlng$ Ihal aggrÈ8ate all co81 relaled to th8 calegory. here cosls cannot be dlractly attrtbuted to PArUcular headlngs they have been allocated to actlvllle8 on 8 ba818 ¢onsl8lentV*lih the u80 of ro•ource& Allooauon end apportlonmont ol¢ost8 Support a)816 have been Bllocated lo th? ch8ritablg acuvlllos basgd on Jtsff coit8. Pap 18 conllnu8d...
Hopo Church INDwiown) Nots& lo tho Comolldalfid Flmnolal 6lat&Ments •oontlnuod forthg Y48r Endod 31 Maroh 2025 ACCOUNTINO POLICIE8 • ¢Dntlnugd TanBlbl• fixed &860t9 DepreclaUon18 wovlded al thft follovAng annuAI rate8 In order to vthte off each a86el OVeT118 estlmated Useful Ilfe. Freehold prope 2% on co8t or valuatlon Plant & ma¢hlnery.flxture8 33% on rAJ8t and 26% on co8(16% on redudng balance and ffttlng8 Taxatlon Tho ¢hArfty18 6xempt from corpornllon tax on It8 chgrftable arthitle8 Fund accounllng Oenerel fund8 are unr¢$trkted fvnd8 ltsh arn avollab18 for u88 et thg di8rxetlon ol tha trubtee& In rfhoran¢e of the general obJeclfvfr8 of the charfty and i•thlth have nol be8n de8nated loroth6r pUOse0. De8lgn8led fund6 canprl8e unre8lr1od fund8 8el ailda al Ihe dIrAlOn of th? Iru8tees for parttcular propose, The alm 8nd tha ugfr o18ach fvnd18 8el out In the note8 to th8 fjnando18talements. Rwtrlclad fund8 4fe to b& used In a¢cordenc8 1 Ihe 8pgclfto roglrf¢ltonB wllh the donor8wl$he8 orwhlch hav8 b¢8n ralged by tho chartty p8rll4yJl8r pu0$9. Pon8lon co8t8 and othor p08t•rntlr6m8nt bgnoffl Tha charftablo ts)mpany oper8188 a deltn8d ¢onlrtbullon panslon Bcherne. Contributlon8 payoble lo the ¢h8rltablg company'8 pen91on Bchemo aro tharged to tha Slalement ol Flnanolal A¢vIll99 In th8 rfd lo vthkh tw relale. FlnfjnclAI In8trumonts Ba810 Itn8n¢lal 088818, Inoludlng trade and olher debt8 and ca8h and bank balancoj, are Inlllally recognl8ed al transactlon prlce, unless tho 8rr8ngement ¢onJlltute8 a fin8nclng tran8a¢tlon, %there a tr8nsa¢Uon IB mea8ured al the pr68ent V81ue ol Ihe fulur8 recelpts dl8counted at a mathel rate of Intsra8L B8810 flnancl81 Ilabllltles, Includlng trade and olher credltor8. are Inlllally fecognl8ed 8t transaolbn prkg, unle99 the Arr8ng8mont con8111ule8 o fin8nGlng tranSalOn, Ythere tha dabl In8lTument18 rneasured at Ihe pre88ntvaluo offtrtum re¢dpt6 d18counled ata markel rate ollntere8t Qolng concern The Iruste88 are 8at18ned Ihat thora aro no materfal uncertalntle8 about Ihe chaFIty8 abllty to ¢ontlnu6. Qovemmont grani4 Govemment grant8 are re¢ognlBed when there b reaBonablg aBBurance that Ihe enllty wSll mpty vAth Ihe condttlons attachlng to them and Ihat th8 gran1811 b6 recelved. Grant6 relatlng to revenue are recognlsed In prollt or1089 a syslematlc ba818 over the perfodB In vthlch tha related costs are Incurred. They 8re w88eThted elthera8 olher Income or deducted from the relalod expense, dependlng on Ihe nAture of Ihe granl. Orant8 relaflng to as$et$ are reMgnlBed a8 defeffed Incomè and released to profil or lo$$ over lh8 expecled u8elul Ilfe ofthe ralaled aE48é1, m8lchlng the depredauon or amort188tlon gxpens8. Pa90 19 conthiued..,
Hopo Churah INwApwn) Note& lo thg eon8olld&tsd Flnan¢lal Slaiements • oonllnu•d for Iho Yoar Endgd 31 Mafoh 2020 DONATION8 AND LEQACIE8 Jia.28 31,3,24 Tllhe8 offerlngs and glfls M1881on Income Glftald Bullding fund 4BY,494 8,635 71,70D 420,788 2,404 73.164 670 709 499 381 OTHER TRADINQ ACTiwllE8 31.3.2 31.3.24 Coffee 8hop Income Room hlre Nur8ery le08 5,802 6,088 33,701 471690 019 207 512 169 INVE8TMENT INCOME 31.3.26 31,3.24 Deposlt account Intore$t INCOME FROM CHARITABLE ACTIVITIES 3q.3.26 31.3,24 A¢tlvlty Mlnl81ry Mlnl8try Mlnl8ty Mnl8try Mlntstry Departmental Income Ufe Group Income Gr&nts Other In¢om8 Chiplalncy 80rvIc¢8 12,688 231 1,600 7,428 12,048 109 23 Grants recefved, Included In Ihe above, are a8 follows: 34.3.2B 31.3.24 Powy8 County CounBII P8ga 20 conllnued.,.
Hopv chh {Nevrtthvn) Notsfj to tho Confjolld4tsd FIDand)181al•monl4 #¢on15nu•d for tho Year Endod ¥q Maroh IQ26 RA181NG FUND3 othor tradlnu a¢tlvltlg8 31.12 31.3,24 Purch48e8 Nur89ry oxpendliure 24.142 420 320 441A67 19,879 427,042 219 427 261 Property repalr• CHARITABLE ACTivrriES CO8T8 Sw>port o¥tg {8eO notè 10) Cogls {80 note g) Told18 Mlnl$lry 694 993 70 DIRECT C08T8 OF CHARITABLE AcllviTIE8 31.3.28 31.3.24 Tru61e88' remunerauon oto 81aff costs Repalr8 & clganlng & waler In8urana Llght and heat Telephon8 Poslage and 8tatlonery Advertl8lng q13,846 123,597 61,638 10,087 43,083 6833 2,584 1,188 10B,728 94,741 47,778 B,884 32.228 4,g01 3,022 879 E 11 Sundrte8 Gift6, floww8 gnd hogpltallty Books end Ilteralure Traval M188bn8 Mlnlsty G1ft8 and outreach Departmenl aOn(S Donatlon Tralnlng gnd Gonference8 Depredatlon Intere81 payable aNI 8lmlTar ¢harge8 896 12,125 2,758 4.fjOJ 20D 29,197 9,279 20,660 7,303 147,514 1.488 11,719 2,B91 8,388 4,650 25,180 16,068 8,378 2,927 150,854 105673 P8p 21 nllnuerl..
Ihpo Churnh (IlovAown) Not•8 Its thft Congolldatsd Flnan¢lal 8tatsmgnt8- ¢ontlnu•d lortho Yottr Endod 31 2020 10. 8L•PPORT C08T8 Govèmon Mlnl81ry NET INCOMEI(EXPENDITURE) Nel Incomel(¢xp6ndlluro)18 Jlaled after ¢harglngl((%edlUng): 31.8.26 31.3.24 Audllor8' rernunerallon Audltor8' remunerallon for non audlt yrk Depreclallon- ovmed a888ts 2,100 3,600 15119B 11 TRU8TEEB' REMUNERATION AND BENEFIT8 31.3,28 31.8.24 Tru8te88' 88J8rlo TruBle88' sc1818e0uthy TnJ8tee8' pen$lon ¢ontrlbulton8 to money purcha80 80h8m 90,625 9,gB2 96,297 9,385 108 728 Th8 chadty n81der0 It8 key rnanagement por80nnal cornpr188 Ihè Board of Tru8lee8. Twgtee8' r6munoraUon1g mhde up a8 follows: RevA L HevAtt £27.335 (2024 £28,116), Rav D H Curgonv6n £44,634 (2024 £42,707), Rev S R CurgBnven f27,668 (2024 £26,476), The remunBrallon18 pald for 8ervlces provlded In fvthei8nce ol the charllleg aGUvlUe8. ErnoYerS, contrlbullon to penBIon8 were are a8 follow8: Rév A L HovAit £nll P024 £nll), Rev D H Curgenven £2,642 (2024 £2,526), Rav S R Curgenven £1,698 (2024 £1,520>. The paymenl of tru8lee8 remun8raUon was approved by Ihe Charlty Comml8810D. The number ol Ini8iee6 lo whom rouromanl b8nelli8 are a¢oNlng under monay purcha8e 8chem9818 2 (2024: 2). Page 22 nllnued,.,
Hopè ChuY¢h (Nowiown) Not08 toth• Con8olldatod FlnNnolal StAtsmgnts- cohllnuad lor th¢ YoarendDd 31 Mar¢h 2020 12. TRU8TEE8' REMUNERATION AND BENEFIT8- conllnu•d TnMtso•' éxp6n800 Relmbur8ements In rnspect of lelephom, trav81 and olhar expen808 IrKuNed In Ihe perfomance of Ihelr dull88 amounllrvJ lo £3,133 (2024 £8.809) ware mado to Ihree (2024 thr88) tNste88. 13. 8TAFF CO8T8 Group 31.3.26 Oroup 31.3.24 Waue8 and 8alarfg8 Soejal 8ecurlty C09t8 Olher pen8lon co8ts 648,836 38,939 614,309 28,370 601766 556 828 The average monthly number of emplDy888 durfng the y8ar wa8 a8 Ic41owg: Group 31.3.25 Qroup 31.3.24 Charllable aotlvltl88 Admln18trallon Nurnory 33 42 27 36 No employoe4 recelved emolumenl8 In exce ol £80,000. 14. COMPARATIVE8 FOR THE 8TATEMENT OF FINANCIALACTIVITIES Unrèslflcied fundg Rejlrtcled lundi T¢tal fvnd8 INCOME AND ENDOWMENTS FROhl Donallons and legade8 Charftablo actlvltle8 Mlnlstry 499,381 499,381 14,228 14,226 Other tradlng a01[lleB Investrfienl Income 512,159 512.169 Totsl 1.028.884 1028 884 expENDITURE ON Ral6lng 427.261 427,281 Charltablo a¢tlvlll8s Mlnlslry Total 1074 227 1047 227 Pago 23 c0nUnu...
Hopo Churth INgwloYm) Nol•& lo tha Con8olld*t4d Flnanolo18ts1om•nts * conllnuod for tho Y¢ir Endod J1 Mar¢h 20216 14. COMPARATIVE8 FOR THE 87ATEMENT OF FINANCIAL ACTIVITIE8 ¥ contlnufrd Unrggtrtclgd Re¥lrklgd fundg Tolal fund¥ NET INQOMEI(EXPENDJTURE} {4I343) (45,848} RECONCIUATION OF FUND8 Tolal funds brought foThrard 4,972,088 4,972,088 TOTAL FUNDS CARRIED FORWARD 4 926 745 4 926 746 16. TANGIBLE FIXED A88Ers Plont& machlnory Froehold Flxlur08 and propèrty flttlnge Group Total8 COST At l Aprtl 2024 6,362,691 64B,3Bg 6,901,080 Addllion8 At 31 Marth 2026 6 401882 6 960 271 DEPRECIATION At I ADdl 2024 662,993 374,1186 1,037,679 Charge lor year 123 ODT 161196 Al 31 Marth 2026 786 000 402 774 1188 774 NEf BOOK VALUE At31 March 2025 5 615 B82 761497 Al 31 March 2024 173 803 6 863 801 conllnued...
NO Chur¢h INwAown) P4oto8 to tho Conoolldatod Flnanelal 6tatomont8- oonunuod fortho YgarEnd$d 31 Mamh 2026 Plant& machlnory Froohold Flxlure8 and flttlng6 Charlty Tots18 COST At l Aprll 2024 8,352,691 034,325 6087,016 AddluB At 31 Marth 2026 326 6 936 207 DEPRECIATION Al l Aprfl 2024 682,993 370,898 1,033,891 Charg8 for y8ar q47 614 At 81 Marth 2026 000 396 406 1181405 NEf BOOK VALUE At 81 Maroh 2026 S616 882 0 764 802 At 31 MaToh 2024 6889 698 163 427 6 853 126 Induded In 009t or Yaluallon ollond and bulldlng818 fraehold land of£72,006 (2024- £72.506) whl¢h18 nol depreolated. P808 2fj ¢onllnued...
Hop• ChuKh (N•wtown) Not0910 th• Conoolldalod Flnun¢lal 81atemonts- ¢onllnuod forth• Year Endod 31 Mar¢h 2028 16. FIXED A88Ef INVE8TIAENTS Sh8ra8 In group und•rt&klng8 C05T LE88 IMPAIRMENT At 1 )rI1 2024 and 31 Mard12026 NET BOOK VALUE Al 31 Maroh 2026 At 31 Morch 2024 Therewere no Inv8slm8nt as8et8 oul$ld8 the UK The ¢ompanY8 Inve8lm$nt8 at tho balancg 8hgOt d810 In Ihe •haro e8pllal ol eompanlos Indud8 the follth4Ang,' Hopo Day Ntsr80ry CIC Reg18ter8d offlco: Hop8 Church Nur80ry, Doif¢r Road, Nav•t0, p8, 8YI8 IJD Nalure ol bu81n888: NufSOry Cla8$ of 8har&: OrdlnAry *IdIng 100 31.3.26 31,3.24 Aggregate oapltal and reeery08 The tradlng p08Mon for Iho 4ub¥ldlary 1$ a8 fou 31.3,2B 31.3.24 TumoveT other Income EKp¢ndlture L)onallon8 441,323 16,983 420,325 48,QQO 469,090 2,600 407,163 61,552 17. DE8TOR8: AMOUNT8 FALUIIG DUE WITHIN ONE YEAR Gnjup 31.3.25 Group 31.3.24 Charlty 31.8.25 Ch&rlty 81.3.24 Trade debior8 20,875 1,323 19,858 1,323 Amounts owed by group undertaklngs 21,771 35.323 Pfepaymenl8 and ac¢Ned Income 5,504 P8gD 28 ¢ontlnu¢d...
Hopo ¢hwr¢h (N•wlown) Nots8 to Iho Conqolld•tsd Fknanfjlal 81at•mohts- Mnfjnu•d for tho Yoar End8d 31 Mor¢h 2026 18. CREDITOR8: AMOUNT8 FALUNG DUE wifHIM ONE YEAR Group 31.8.25 Gnwp 31.3,24 Charlty 31.3.25 Charfty 31.3.24 Bank loAn8 and overdraft8 56,264 53.531 56,264 58,631 Trada ttedltorb 889 898 Amounts owed by parlldpaung Inl6re$l 635 635 Taxatlon and 8wJal gecurfty 13h80 5,728 7,729 3,409 other ¢redltor8 91,056 19. GREDITOR8: AMOUNT8 FALUNG DUE AFreR MORE THAN ONE YEAR Qroup Group 31.3.25 31.3.24 ChArfty 31.3.25 Charlty 31.3.24 Bank loan8 1,124A56 1,215,348 1,124,456 1,215,348 Olher creilltor8 1128 958 1220 349 1124 456 1216 348 20. LOAN8 An analy818 of the malurlty ofloans18 gl¥en bolow. 31.3.26 31.3.24 ounts falllng due with5n one yearcn demand: Bonk loan8 66 Amounts falllng bolwe8n ono and iwo yearn: Bank loan8- 1-2 year8 Amounls falllng due between two and flve yeaTS'. Bank loans- 2-5 y83r8 188 793 178 302 Afftounl8 falllng due Ih more than flve yé8T8: Repayable by Insialments: B8nk loans more 6 yr by Instal Thg loan IB ropAyable over 25 yearn Pand the rato of knteTe8116 2.5% above base rate. 899.399 983,611 Pago 27 conunued...
HDPO Church {Nawtownl Noteg to tho Confjolldatod Finaftclal 8tstsmonts-conUnued for tho Yoar Endod 31 March 2026 21. SECURED DEBTS The follong 86¢ured deb18 ar6 Induded Wthln ¢redftoT8: Group 3L3.25 Group 31.3.24 Charfty 31.9.2S Charlty 31,8.24 Bonk loan8 1,180,720 1,266,879 1,180,720 1,288.879 1,180,720 1.268,879 1,180,720 1,268,879 CAF Bank Llmiied hold a legAI charge regl818red on the 14th Ooiober 2014 over Ihe Freehold Propety of Ihe Chodty. W818h Govommonl havo a legal eharg• overthts1rn8hold land daled the 8th Octobor 2019. 22. ANALY818 OF NET A68ET8 BETWEEN FUNDS 31.3.25 Total thjndo 31,3,24 Total funds Rejlrlthd fun Flxod a88elB 761097 5,761A97 fj,B63,602 Current a•8el8 Current Ilablliile8 Long tenn Ilabllllle8 362,238 (104,716) 1 126 956) 6,000 368,238 {104,715) 1128 966 374,848 (91,056) 1220 849 4 892 084 4 926 746 23. MOVEMENT IN FUNDS Nol muvomgnt In funds Al 31.2.25 Al 1.4.24 Unr88trlctgd lundo G8ngral fvnd 4926.746 (34,681) 4,892,084 ReBtrlclgd fund8 Slolf 8upport Fund fj,000 6,000 TOTAL FUNDS 4 898 064 Paga 28 ronUnu8d.,.
HopD Churth (Nowlownl N6t6810 tho Con•olldatsd Flnan¢lal 8tal•monla • oonllnuod for th•YaAr Endod 31 Ilorch 2026 23. MOVEMENT IN FIIND8 - ¢onllnuod Nol movemenl In fund8. Ineludad In the above are aB follow8: Incoml le•oU•S Ré8ourrAg èxponded Movomonl In fund8 Unrogtrlated lund8 General fvnd 1.109,349 (1,144,030) 134,68q) Ro8trlGtod fvnd8 st8ff Support Fund Wami Space8 6,000 6,000 TOTAL FUND8 Comparall¥e• for movement In fund8 Nal mov8m•nt In fund$ At 1.4.23 31.3.24 Unraglrlcted fund8 Gen¢rBI fund 4,972,088 (45,343) 4,028,746 TOTAL FUND8 4972 068 4 928 T46 Comparallv8 net movemenl In fund8, In¢ludgd In tho above are lollovrJ: Incomhg r88QU(C*8 R8oouTN8 expondgd m0ment In fund8 Unro8lrlctod lund8 General fund 1,028,884 (1.074,227) (45,343) TOTAL FUND8 P4gg 29 conllnu¢d...
H¢pp Chur¢h {14•wlown) Nol£8 to tho Con8olldal•d Ftnanclal 8tstomgnl•- ¢onOnuod lor the Yéar End•d 11 March 202B EMPLOYEE BENEFIT OBLIGATIONS Durlng Ihe yoar thg thathy made pen$lon conlrfbuUon8 amounllng io £16,902 (2024 £14,149). Ther6vMe no amount¥ outslondlng at the year end, RELATED PARTY D18CLOSURE8 Durlng Ihe y8gr th8 chartty provlded chaplalncy 8erylces to Bath8han Sheltered Hou8lng A880clalfon amounllng to £2,223 (2024 £1,307) and th18 amountwa8 pald In tull durfng the year. Belhshan Shelterad Hou81ng A880clotlon h88 tru8te08 In c(Jmmon. Durlng th8 yoar tho Churth donated £26,660 (2024 £8,376) to th• Hub of Hop8 Foundalton. At the ygRr end £036 {2024 nlD wa8 payablè lo tho organl8allon. The Chufch ha& 8om& Iru8teaB In oommon vlth Ihl8 oharlty. Durfng tho y08r Iho tru81ee8 made donalfon8 to the ehurch under glft ald amountlno to £80,485 (2024 £26,110>. 20, ULTIMATE CONTROLUNG PARTY The tru81oe6 of Iho charfty are ¢on81dered to bo thè ulurrfflte ¢ontrolllng party. P899