Company registration number: 06738209
Charity registratlon number: 1126718
Hope Church Orpington
IA company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 December 2024
Field Sullivan Limited
Statutory Auditor
9 Hare & Billet Road
Blackheath
SE3 ORB

Hope Church Orplngton
Contents
Reference and Administrative Details
Directors, Report
2to7
Independent Auditor's Report
8tolO
Statement of Financial Activities
li
Balance Sheet
12
statement of Cash Flows
13
Notes to the Flnanclal Statements
14to32

Hope Church Orplngton
Reference and AdministratSve Details
Chalrman
Barry Palmer
Dlrectors
Barry Palmer
Matthew Bulpitt
Gary Carvosso
Anthony Hall
Ruth Marchant
Sarah Palmer
Olayemi Shyllon
1126718
Charlty Reglstratlon Number
Company Reglstratlon Number
06738209
The charity is Incorporated in England and Wales.
Unlt 8 The Walnuts
Orplngton
BR6 OTW
Reglstered Offl¢e
Audltor
Field Sullivan Llmited
Statutoiy Auditor
9 Hare & Billet Road
Blackhe8th
SE3 ORB
Page I

Hope Church Orpington
Directors, Report
The directors, who are directors for the purposes of company law, present the annual report together with the
flnancial statements and auditors, report of the charitable company for the year ended 310ecember 2024.
Introductlon and Overvlew
2024 was a year marked by significant progress, strategic clarity, and continued faithfulness In the midst of
financial pressures. The church continued to operate across five congregational locations and remalned committed
to Its twin Eoals: the advancement of the Christlan falth and the relief of hardship withln our communities 8nd
beyond. Desplte navlgatlng a deficlt budget, we saw God's provlslon In many ways through conslstent giving,
special offerings, and tangible spiritual fruit acr055 our congregatlons.
Key Actlvltles and Achlevements
Throughout the year, our work ha5 focused on four key areas.. Strengthening our congregational life, Investlng In
mSssion and outreach, stewarding our resources well, and preparing for long-term sustainability.
•Congregatlonal Llfe & Dlsclpleshlp. We have contlnued to grow and deepen dlscipleshlp through regular Sunday
gatherlngs, Alpha courses, and the relaunch of our Vision & Values course. Two Interns joined the team thls year,
with several staff adjusting hours to better meet ministry needs. Congregations such as Chislehurst have
experienced renewed momentum, wlth new families joining and signs of spiritual growth. The Hayes congregation,
formerly West Wickham, which moved to Hayes in 2023 has grown since then and from the beginning of 2024 has
been runnlng a weekly toddler group. The Orplngton congregation continues to flourish, mutually benefltting from
Its central position within the community.
•Facillties & Slte Developments,. The long-awaited structural repalrs at St Luke's Church commenced in August
2024. The initial provision of £140,000 created in 2023 was increased to £170.000 during 2024 to support thls
work. At Downham, progress was made in dialogue with London City Mlssion around purchasing the slte. The
Purchase was finally completed in May 2025 for a total conslderation of £780,000.
•Together 25: Planning for the Together 25 event IAu8ust 20251 gained signiflcant traction this year. Budgetlng
and pricing models were prepared and approved, and early promotion has already created strong engagement
across Regions Beyond churches. We expect this event to be a unlfying and faith-buildlng time for many across our
network.
Outreach & Global Mlsslon
Hope Church continued to invest deeply In both local outreach and global mission throughout 2024.
•Ukralne Partnershlp,. Our commitment to supporting Churches and communities affected by the war in Ukraine
remained a significant focus. In total, five trips were undertaken, purchasing over 25 tonnes of food, medlclne,
winter clothln81 and other supplies. These visits, which included members from Hope Church and partner
congregations, provided both practical aid and spiritual encouragement. Local church leaders expressed deep
gratitude for the personal presence of our team5, and a Eenerous donation of £10,000 was received speclfltally for
thi5 work. These trlps reinforced the value of sustalned relationship-based misslon, not just aid,
•Lesotho Mlsslon Trip; In June, a team from Hope Church vlslted Lesotho to support leadership development and
local ministry efforts. The visit included teaching sessions, prayer gatherlngs, and strategy meetings with local
leaders, This relational investment reflects our long-standing commltment to empowering Indlgenous leadership
within our Regions Beyond family.
Page 2

Hope Church Orplngton
Directors, Report
•Emerglng European Relatlonshlps; During the year, promising connection5 were established wlth churches In
Italy, following a visit by an Italian couple to our evening prayer meeting. Thi5 has led to ongoir¢g dialogue and
growlng sense of mutual encouragement and potential partnership. We are also developing a partnership with
Reglons Beyond church in Holland to plant more churches in Europe, partlcularly Belgium.
•Local Outreach,. The Downham Foodbank, now Under Hope Church's administration, continued to provlde tritical
support to families facing food insecurity. Staffed by a dedicated part-time team and volunteers, this work has
grown in both impact and efficiency. Baby Basics also expanded its partnershlps with health professionals and
social servlces, offerlng supplles and dlgnity to vulnerable women and young familles. We contlnue to provide
pop-ln clubs for the elderly at Orpington. Bromley and Downham and an art club and craft group at Orpington.
There has been emphasis on contlnuing to resource the drop-in sessions for vulnerable people In Orpington and
the English language learning Café in Bromley.
Flnanclal Revlew
The church entered 2024 with a budgeted lunrestrictedl deficit of £98,538. The adual year-end lunrestrictedl
deficit Is £148,440 after adjusting for capit81 expenditure depreciation and the extra St Lukes building provision.
Despite pressures from rislng salaries, bulldlng costs, and reduced investment income, some offsetting savings
Iparticularly in utilities) helped cushion the impact.
The church's principal source of income Is from voluntary donations. Giving remained steady, with special offerings
providing additional support for capital needs, especially toward5 the purchase of the Downham bullding,
Discusslons were ongolng about achieving a balanced budget in the near future, The Directors and Elders are
continuing to monltor financial trend5, engage the church family on glvlng. and explore Staffing structures for
greater sustainability.
Gifts to external organisations and individuals are considered and approved by the Elders on the basls of need and
fulfilment of the charitable objectives. We gave away 10.45Yo of our income, extludlng restricted funds.
The Directors have set aside designated funds from general funds for various purposes. The total amount set aside
as designated funds at the end of the year was £84,14112023'. £27,380). £75,011 of this was collected as part of
the 2024 Special Offering and put aslde towards the Downham building purchase.
Rlsk Management
A revised Risk Register was presented, discussed, and updated during the year, with clearer identification of core
risks le.g., Flre. Safeguarding, Governance). Subcommittees have been created to support governance functions,
with a renewed emphasis on board successlon planning. Particular attention was paid to staff wellbeing, bullding
safety. and financial oversight.
Page 3

Hope Church Orplngton
Directors, Report
Rese￿eS Pollcy and Deslgnated Funds
The church aims to hold unrestricted rese￿eS covering at least two month5 of operational expenditure, with a
maxlmum cap of twelve months. As of year-end, unrestricted reserves (excluding deslgnated funds) comfortably
exceeded the minimum threshold, although ongoing deficits will need to be carefully managed in the coming
years. Two month's unrestricted fund expenditure in 2024 amounted to approximately E163k12023.. £154kl and
unrestricted reserves on general fund, excluding designated funds, held as net current assets amounted to
approxlmately £1.43m12023'. £1.59ml.
Plans for 2025
Looking ahead, our prloritles Include..
Securlng a long-term solutlon for Downham's site. Building purchased May 2025.
• Delivering Together 25 as a Spiritually signlficant event for our wlder Regions Beyorsd family.
Continuing to serve the borough through food justice, Baby Basics, and community partnership5.
Developing new leadership through internships, staff development, and church-wide discipleship.
Progresslng toward a balanced, sustainable budget.
We remain confldent In the faithfulness of God and the generosity of Hi5 people. The Board Is deeply grateful to
the staff, volunteers, and congregation members who have served so dlligently durlng the year.
Dlrettors and offlcers
The Directors and officers serving during the year and slnce the year end were as follows:
Dlrector5:
Barry Palmer
Matthew Bulpitt
Gary Carvosso
Cassandra Chiwaridzo (Reslgned 29 February 20241
Anthony Hall
Esau Maponda IReslgned 22 September 20241
Ruth Marchant
Ifeyinwa Njoku IResigned 15 March 20241
Sarah Palmer
Olayemi Shyllon
Chairman:
Barry Palmer
Page 4

Hope Church Orplngton
Dlrectors. Report
Structure> governance and management
Noture ofgovernlng document
The organlsatlon is a charitable company limited by guarantee as defined by the Companies Act 2006, company
reglstration number 06738209 and registered as a charity with the Charity Commission, charity registration
number 1126718. The company was established under a Memorandum and Articles of Association which
established the object5 and powers of the charitable company and is governed by its Articles of Assoclation.
Hope Church Orpington is part of the Regions Beyond movement and a member of the Evangelical Alliance.
Neither of these bodies has control over the operation of the church or its financial affairs.
Recrultment and appolntment of dlrectors
Directors are appointed and removed by a majority of Elders. Elders are appointed by existing Elders.
Inductlon and tralnlng of dlrectors
New Directors are given induction training provided by the Chair of Directors, They receive recent minutes, the
latest report and accounts, the governlng document and the guldance produted by Stewardship on being a
Director/Trustee. Dlrectors are encouraged to attend training and are informed of relevant training opportunities,
Orgonlsotlonol structure
Organisation and staffing of Hope Church - Hope Church Orpington is an orthodox, evangelical Protestant Christlan
church. The Church is currently governed by fifteen Elders, headed by a lead Elder who is employed by the Church.
In total seven of the Elders are employed by the Church. Four are full tlme and three are part time, There are also a
further four full time staff employed and five part time members of staff.
A significant number of volunteer members of the church lead, 5UStain and develop ministries and activities of the
church. Their contribution is vital to the Success of the charltv.
Staffing needs are kept under regular review by the Elders and other Directors. The Elder5, Directors 8nd staff are
all committed members of the Church, and support the vision and values of the Church. The Church has a
structured approach to Staff induction, supervlslon and anrbual review. Each employee has a written job
description that reflects the scope of the role and responsibillty they undertake. Thelr line manager is responsible
for coordinating a planned Inductlon at the beginning of their employment. Regular supervision, usually monthly,
is given to all employees and interns.
Salaries for staff are set annually by the Board appointed salary subcommittee. They make recommendations
based on performance during the year, any significant changes in responsibilities and CPI.
Page 5

Hope Church Orpington
Directors. Report
The oversight of the Church Is the responsibility of a team of fifteen Elders ITony Hall lead Elder, Gary Carvosso,
David Jackson, Julian Sanders, Matt Lofthotjse, Kennedy Mark, Mike Garforth, Colin Potter, Peter Heath, Darren
Upton, M8tthew Bulpitt, Olayemi Shyllon, Jacob Webb, Alex Beaken and Greg Shepherdl, assisted by the other
Dlrectors, partlcularly in the administrative and regulatory oversight of the church. Gideon Bodl reslgned as an
Elder on 17 March 2024. Jacob Webb was appointed as an Elder on 24 March 2024. Andrew Wilmhurst resigned as
an Elder on 29 September 2024. Alex Beaken and Greg Shepherd were appointed as Elder5 on 18 May 2025.
The Directors and the Elders are asslsted by a team of paid employees and, in common with many churches, a
large number of volunteers.
The day to day running of the charity is delegated by the Dlrectors to the Core Team which meets regularlv.
The Dlrectors agree the overall strategy and budgets, as recommended by the Core Team. Two of the Directors
usually sit on the Core Team and are responsible for communicating any changes and representing the
Directors, decisions.
During the financlal year 2024, the Whitefoot and Downham Community Food Plus Project Limited operated a
food club out of Hope Church Downham premise5 in Lewisham, free of charge, providing much needed food to the
local community.
Hope Church Orpington provides a member of staff on a part-time contract to manage the prolect on behalf of the
food club.
Page 6

Hope Church Orplngton
Directors, Report
Statement of dlrectors, responslbllltles
The directors Iwho are also the dlrectors of Hope Church Orpington for the purposes of company lawl are
responsible for preparing the dlrectors, report and the financial statements in accordance wlth applicable law and
United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice), including FRS
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland"
Company law requires the directors to prepare financial statements for each financial year. Under company law
the directors must not approve the financial statements unless they are satisfied that they give a true and fair view
of the state of affairs of the charitable company and of the Intoming resources and application of resources,
including its Income and expenditure, of the charitable company for that period. In preparing these financlal
statements, the directors are required to:
select suitable accounting policies and apply them con5i5tently:
observe the methods and principles In the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any
material departures disclosed and explalned In the financial statements,. and
prepare the financial statements on the going concern basis unle55 it Is inappropriate to presume that the
charitable company wlll contlnue in business.
The directors are responsible for keeplng proper accounting records that can disc105e with reasonable accuracy at
any time the financial posltlon of the charitable company and enable them to ensure that the flnanclal statements
comply with the Companles Act 2006. They are also responsible for safeguarding the assets of the charitable
company and hence for taking reasonable step5 for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial informatlon
included on the charitable company's webslte. Legislation governing the preparation and dissemination of financlal
statement5 may dlffer from legislation in otherjurisdictions.
Dlsclosure of Information to audltor
Each member has taken steps that they ought to have taken as a member in order to make themselves aware of
any relevant audit information and to establlsh that the charity's auditor is aware of that information. The
directors confirm that there is no relevant information that they know of and of which they know the auditor is
unaware.
The annual repor
ved by the directors of the charity on 4 September 2025 and signed on it5 behalf by:
Barry Palmer
Chairman and director
Page 7

Hope Church Orplngton
Independent Audltor's Report to the Members of Hope Church Orpington
Oplnlon
We have audited the financial statements of Hope Church Orpington Ithe 'charity'l for the year ended 31
December 2024, which comprise the Statement of Flnancial Activities, Balance Sheet, Statement of Cash Flows,
and Notes to the Financial Statements, including a summary of significant accounting pollcies. The financial
reporting framework that has been applied in their preparation is Unlted Kingdom Accounting Standards,
comprising Charities SORP - FRS 102 'The Flnancial Reporting Standard applicable in the UK and Republic of Ireland,
and applicable law IUnSted Klngdom Generally Accepted Accounting Practice).
In our oplnion the flnancial statements:
glve a true and fair view of the state of the charlty's affairs as at 31 December 2024 and of its incoming
resources and application of resourtes, including its income and expenditure, for the year then ended,.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance wlth the requirements of the Companies Act 2006.
Basls for oplnSon
We conducted our audit in accordance with Internatlonal Standards on Auditing IUKI (ISA5 IUKII and applicable
law, Our responsibilities under those standards are further described in the auditor responslbilities for the audit of
the flnancial statements sectlon of our report. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financlal statements in the UK, including the FRC'S Ethlcal
Standard, and we have fulfilled our other ethical responsibilities In accordance with these requirements. We
believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Concluslon5 relatlng to golnE concern
In auditing the financial statements, we have concluded that the directors use of the golng concern basls of
accounting in the preparation of the financial statements Is approprlate.
Based on the work we have performed, we have not identified any material uncertainties relatlng to events or
conditions that, indivldually or collectively, may cast signiflcant doubt on the charity's ability to contlnue as a golng
concern for a period of at least twelve months from when the original financial statements were authorlsed for
issue.
Our responsibllltles and the responsibilities of the directors wlth respect to going concern are described In the
relevant sections of this report.
Other Informatlon
The directors are responsible for the other Information. The other information comprlses the information included
in the annual report, other than the financial statements and our auditor's report thereon. Our opirkion on the
flnancial statements does not cover the other information and, extept to the extent otherwise expllcltly stated in
our report, we do not express any *orm of assurance conclusion thereon.
Page 8

Hope Church Orplngton
Independent Auditor's Report to the Members of Hope Church Orplngton
In connectlon with our audlt of the financial statements, our responsibillty Is to read the other information and, In
doing so, consider whether the other information is materially Inconsistent with the financlal statements or our
knowledge obtained In the audit or otherwise appear5 to be materially misstated. If we Identify such material
inconsistencies or apparent material misstatements. we are required to determine whether there is a material
misstatement in the financial statements or a materlal misstatement of the other information. If, based on the
work we have performed. we conclude thgt there is a material misstatement of this other information, we are
required to report that fact.
We have nothing to report in this regard.
Oplnlon on other matter prescrlbed by the CompanSes Act 2006
In our opinion. based on the work undertaken in the course of the audit,.
the information given in the Directors, Report for the financial year for which the financial statements are
prepared is consistent with the financlal statements: and
the Directors, Report ha5 been prepared in accordance with appllcable legal requirements.
Matters on whlth we are requlred to report by exceptlon
In the light of our knowledge and understandlng of the charity and its environment obtained in the course of the
audit, we have not identified material mlsstatements in the Dlrectors, Report.
We have nothing to report in respect of the following matters where the Companles Act 2006 requires u5 to report
to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not been received
from branche5 not visited by us; or
the financial statements are not in agreement with the accounting records and returns; or
certain disc105ures of director5 remuneration specified by law are not made,. or
we have not received all the Information and explanations we require for our audit.
Responslbllltle5 of dlrectors
As explained more fully in the Statement of dlrectors, responsibilities 15et out on page 71, the directors are
responsible for the preparation of the financial statements and for belng satisfied that they give a true and fair
view, and for such internal control as the directors determine Is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due to fraud or error,
In preparing the financlal statement5, the directors are responsible for assessing the charity's ability to contlnue as
a going concern, disclosing, as applicable, matters related to going concern and using the going concern basls of
accounting unless the directors elther intend to liquidate the charity or to cease operatlons, or have no realistic
alternative but to do so.
Page 9

Hope Church Orpington
Independent Auditor's Report to the Members of Hope Church Orplngton
Audltor responslbllitles for the audit of the flnanclal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from materlal misstatement, whether due to fraud or error, and to issue an auditor's report that includes our
opinion. Reasonable assurance Is a high level of assurance, but is not a guarantee that an audit conducted In
accordance with ISAS IUKI will always detect a material misstatement when it exlsts. Misstatements can arise from
fraud or error and are considered materlal if, individually or In the aggregate. they could reasonably be expected to
influence the economic decisions of users taken on the basis of these flnancial statements.
The extent to which our procedures are capable of detecting irregularities, includln8 fraud 15 detailed below:
Audit procedures undertaken In response to the potential risks relating to Irregularities (which include fraud and
non-compllance with laws and regvlationsl comprised of: enquiries of manangement and those charged with
governance as to whether the entity complies with such laws and regulations,. enquiries with the same concerning
any actual or potential litigation or claims,. inspectlon of relevant legal correspondence; review of board minutes;
testlng the appropriateness of entries in the nominal ledger, including Journal entries; reviewing transactlons
around the end of the reportlng period,. and the performance of analytical procedures to identify unexpected
movements In actount balances which may be indicative of fraud.
No instances of material non-compliance were identified. However, the likelihood of detecting irregularities
Including fraud, is limited by the inherent dlfflculty in detecting irregularitles, the effectiveness of the entlty's
controls, and the nature, timlng and extent of the audlt procedures performed. Irregularities that result from fraud
might be inherently more difficult to detect than irregulairites that result from error. As explalned above, there is
an unavoidable risk that material misstatements may not be detected, even though the audit has been planned
and performed in accordance with ISAS IUKI.
A further descrlption of our responsibilities is available on the Financial Reporting Councll's website at:
www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditorfs report.
Use ofour report
Thi5 report is made solely to the charitable company's directors, as a body, in accordance with Chapter 3 of Part 16
of the Companies Act 2006. Our audit work ha5 been undertaken so that we mlght state to the charity's director5
those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest
extent permltted by law, we do not accept or assume responslbllity to anyone other than the charitable company
and its directors as a body, for our audit work. for thi5 report, or for the opinion5 we have formed.
Tim Sullivan FCA (Senior Statutory Auditor)
For and on behalf of Field Sulllvan Limited, Statutory Auditor
9 Hare & Billet Road
Blackheath
SE3 ORB
Date:....
Page 10

Hope Church Orpln8ton
Statement of Flnanclal Actlvltles for the Year Ended 31 Decernber 2024
Ilncludlng Income and Expendlture Account and Statement of Total Recognlsed Galns and Losses}
Total
2024
Total
2023
ilnTestfl¢ied
Restrlttèd
Unre$trl¢ted
Restrltted
Note
Income and Endowments from:
Donations and legacles
Chari13ble acti￿tIeS
826,091
49.958
73,571
756
201,Th)6
417
1.027.097
50.375
73,571
756
760.606
63.348
62.616
1,080
188.422
111.5311
949,028
51,817
62,616
1,080
Investment income
Other Intome
Total Income
950.376
201,423
1.151.799
887.650
176.891
1,064,541
Expendlture on..
Chariiable è(tI￿tIes
11.037.136
1216,803
1,253,939]
11,062.1281
1153,5481
11,215.6761
Total ÈxpendltuiÈ
11.037.136)
1216,8031
1,253,9391
11,062,128)
1153,5481
lJ,215.676
Net movernent In funds
186,7601
IL5,3801
1102,1401
1174.4781
23.343
lJ51,1351
Reconclllatlon olfunds
Total funds brought forw3r(t
1,617,296
103,663
1.720,959
1,791.774
80.320
1,872,094
Total funds carrled forward
22
1,530.536
88,283
1,618,819
1,617,296
103,663
1,720,959
All of the charltY'5 actlvitles derlve Irorn contlnulng opÈratlons durin6 the above two perlods.
The funds breakdown for 202315 shown IA note 22.
ThÈ notes on page$ 14 to 32 form an Integf31 part of these financlal statements.
P4ge 11

Hope Church Orpington
(Registration number; 06738209)
Balance Sheet as at 31 December 2024
2024
2023
Note
Flxed assets
Tangible assets
14
17,144
40,786
Current a55et5
Stocks
15
14,049
70.961
1,627,368
5.154
34,862
1,856,545
Debtors
16
Cash at bank and In hand
17
1,712,378
1,896,561
Credltors: Amounts falling due wlthln one year
18
147,6731
176,3881
Net current assets
1,664,705
1,820,173
Total assets less turrent Ilabllltles
1,681,849
1,860,959
Provlslons
20
163,0301
1140,0001
Net assets
1,618,819
1,720,959
Funds of the eharlty:
Restricted Income funds
Restricted funds
88,283
103,663
Unrestrlcted Income funds
Unrestrlcted funds
1,530,536
1,617,296
Total funds
22
1,618,819
1,720,959
The financlal statements on pages 11 to 32 were approved by the dlrectors, and authorised for issue on 4
September 2025 and si
on
eir behalf by.,
Barry Palmer
Chairman and director
The riotes on pages 14 to 32 form an integral part of these financial statements.
Page 12

Hope Church Orpington
Statement of Cash Flows for the Year Ended 31 December 2024
2024
2023
Note
Cash flows from operatlng act5vltles
Net cash expenditure
1102,1401
1151,13SI
Adjustments to cash flows from non-cash items
Depreciation
Investment income
45,008
{73.5721
42,338
162,6161
1130,7041
1171,4131
Worklng capltal adJustments
Ilncreasel/decrease in stocks
Ilncreasel/decrease in debtors
IDecreaselllncrease In creditors
IDecrea5el/increa5e in provisions
Increase in deferred income
15
18,8951
136,0991
135,2751
176,9701
6,560
11,680
60,854
17,143
140,000
1,212
16
18
20
Net cash flow5 from operating activities
1281,3831
59,476
Cash flows from Investing actlvltles
Interest receivable and similar income
Purchase of tangible flxed assets
73,571
121,3651
62,616
150,5571
14
Net cash flows from investing activities
52,206
12,059
Net Idecreasel/increase in cash and cash equivalents
1229.1771
71,535
Cash and cash equivalents at l January
1,856,545
1,785,010
Cash and cash equivalents at 31 December
1,627,368
1,856,545
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 14 to 32 form an integral part of these financial statement5.
Page 13

Hope Church Orpington
Notes to the Financlal Statements for the Year Ended 31 December 2024
I Charlty status
The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share
capital. Each of the dlrectors is liable to contribute an amount not exceeding £1 towards the assets of the charlty in
the event of liquidation,
The address of its registered office Is:
Unlt 8 The Walnuts
Orpington
BR6 OTW
These financial Statements were authorised for issue by the directors on 4 September 2025.
2 A¢countlng pollcles
Summary of slgnlflcant accountlnE pollcles and key accountlng estlmates
The principal accountlng pollcies applied in the preparation of these flnanclal statements are set out below. These
pollcies have been conslstently applied to all the years presented, unless otherwise stated.
Statement of Compliance
The financial statements have been prepared in accordance with Accounting and Reportlng by Charities..
Statement ol Recommended Practice applicable to charities preparing their accounts in accordance with the
Financlal Reportlng Standard applicable in the UK and Republlc of Ireland IFRS 1021 leffective l January 20191
Icharities SORP IFRS 1021 Second edition October 20191, the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021. They also comply with the Companies Act 2006 and Charitles Act 2011.
Basls of preparatlon
Hope Church Orpington meets the definition of a publlc beneflt entity under FRS 102. A55et5 and liabilities are
Initially recogn15ed at historlcal cost or transaction value unless otherwise stated In the relevant accounting policy
notes.
Golng concern
The directors consider that there are no material uncertainties about the charity'5 ability to continue as a going
concern nor any 51gnificant areas of uncertainty that affect the carrying value of assets held by the Charity.
Page 14

Hope Church Orpington
Notes to the Financlal Statements for the Year Ended 31 December 2024
Judgements and key sources of estlmatlon uncertalnty
In the application of the charIt￿$ accounting policies, the directors are required to make judgements, estimates
and assumptlons about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that are
considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revlslons to accounting estimate5
are recognlsed in the periods in whlch the estimate is revised where revisions affects only that period, or in the
period of the revision and future periods where the revisions affects both current and future periods.
The estimates and assumptions that have a signiflcant risk of causing a materlal adjustment to the carrying
amounts of assets and liabillties within the next finantlal year are addressed below..
Repalr works provlslon for the spSre at St Luke's Church
A realistic assessment of the scale of the work that needs to be undertaken under the terms of the lease has been
made and provided for in the financial statements,
Valuatlon of stock
The Baby Basics restricted stock, which is not for resale but for distribution to new mothers, has been valued at a
falr value as per section 6.23 FRS 102.
Income and endowments
All income is recognised once the charity has entitlement to the income, it Is probable that the income wlll be
received and the amount of the income receivable can be measured reliably.
Donatlons and legotles
Donations are recognised wherh the charity has been notified In writing of both the amount and settlement date. In
the event that a donation is subject to conditions that require a level of performance by the charity before the
charity is entitled to the funds, the income is deferred and not recognised until elther those condltlons are fullv
met, or the fulfilment of those condltions is wholly within the control of the charity and it 15 probable that these
conditions will be f ulfilled in the reporting period.
Grants recelvoble
Grant5 are recognised when the charity has an entitlement to the funds and any conditions linked to the Erants
have been met. Where performance conditions are attached to the grant and are yet to be met, the income is
recognised as a liability and included on the balance sheet a5 deferred income to be released.
Deferred Income
Deferred income represents amounts received for future periods and is released to incoming resources in the
period for which it has been received. Such income is only deferred when..
- The donor 5petifles that the grant or donation must only be used in future accounting perlods; or
- The donor has imposed conditions which must be met before the charlty has uncondltlonal entitlement.
Page 15

Hope Church Orpington
Notes to the Financlal Statements for the Year Ended 31 December 2024
Gllts In klnd
Gifis in kind are recognised In different Way5 dependent on how they are used by the charlty..
111 Those donated for resale produce income when they are sold. They are valued at the amount actually realised.
lill Those donated for onward transmlssion to beneficiaries are incltjded in the Statement of Financial Activities a5
incoming resources and resources expended when they are distributed. They are valued at the amount the charity
would have had to pay to acqulre them.
lili) Those donated for use by the charity itself are included when receivable. They are valued at the amount the
charlty would have had to pay to atqulre them.
Investment Income
Interest 15 recognised once it has been declared and notification has been received of the interest due.
Expendlture
All expenditure is recognised once there is a legal or constructive obligation to that expendlture, it's probable
settlement is required and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading that aggregate simllar costs to that category. Where costs cannot be directly attributed to
partlcular headings they have been allocated on a basis consistent with the use of resources, Wlth central staff
costs allocated on the basis of time spent, and depreciation charges allocated on the portlon of the asset's use.
Other support costs are allocated based on the spread of Staff costs.
Chorltable actlvitles
Charitable expenditure comprises those costs incurred by the charlty in the delivery of Sts activities and services for
its beneficiaries. It includes both costs that can be allocated directly to such activities and those c05t5 of an indirect
nature necessary to support them.
Gront provlslons
Provisions for grants are made when the intention to make a grant has been communlcated to the recipient but
there is uncertainty about either the tlmlng of the grant or the amount of grant payable.
Support costs
Support costs Include central functions and have been allocated to activity cost categories on a basis consistent
with the use of resources, for example, allocatlng properly costs by floor areas, or per capita, staff costs by the
time spent and other costs by thelr usage.
Taxatlon
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Flnance Act 2010 and therefore
it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity IS
potentially exempt from taxation In respect of income or capital gains received within categorles covered by
Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxatlon of Chargeable Galns Act 1992. to
the extent that such income or gains are applied exclusively to charitable purposes.
Page 16

Hope Church Orplngton
Notes to the Flnancial Statements for the Year Ended 31 December 2024
Tanglble flxed assets
Individual fixed assets costing £250.00 or more are initially recorded at cost, less any subsequent accumulated
depreciation and subsequent accumulated Impairment losses.
Depreclatlon and amortlsatlon
Depreclation is provided on tanglble fixed assets so as to write off the cost or valuation, less any estimated resldual
value, over their expected useful economic life as follows..
Asset cla55
Depreclatlon method and rate
stralght line basis over 50 years Ibulldlngs
only)
stralght line basis over 3 - 10 years
depending on useful life
over the term of the lease to the earliest
break polnt
Land and buildings
Fixtures. flttlngs & equipment
Improvements to short leasehold
Research and development
Research and development expenditure is written off as incurred.
Stock
Stock is valued at the lower of cost and estimated selling prlte less costs to complete and sell, after due regard for
ob501ete and slow moving stock5. Cost is determlned using the first-in, fir5t-out ba515. IFIFOI.
Trade debtors
Trade debtors are amounts due from customers for merchandise 501d or services performed in the ordinary course
of buslness.
Trade debtors are reco8nised initially at the transaction price. They are subsequently measured at amortlsed cost
using the effective interest method. less provlsion for impairment. A provision for the impairment of trade debtors
is establlshed when there is objertlve evidence that the charity will not be able to collect all amounts due
according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equlvèlents comprise cash on hand and call deposits, and other short-term highly liquid Investments
that are readlly convertible to a known amount of cash and are subject to an insignificant rlsk of change In value.
Page 17

Hope Church Orpington
Notes to the Financial Statements for the Year Ended 31 December 2024
Borrowings
Interest-bearing borrowings are Initially recorded at fair value, net of transaction costs. Interest-bearing
borrowings are subsequently carrled at amortised cost. with the difference between the proceeds, net of
transaction costs, and the amount due on redemption being reco8nised as a charEe to the Statement of Financial
Actlvltles over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effectlve Interest method and is Included in interest payable and
simllar charges.
Borrowlngs are classified as current liabilities unless the charity has an unconditional right to defer settlement of
the liability for at least twelve months after the reporting date.
Provlslons
Provisions are recognised when the charlty has an obllgation at the reporting date as a result of a past event, it is
probable that the charity will be required to settle that obligation and a reliable estimate tan be made of the
amount of the obligation.
Fund strutture
Unrestricted income fund5 are general fund5 that are available for use at the directors, discretion In furtherance of
the objectives of the charity.
Deslgnated funds are unrestricted fund5 set aside for specific purposes at the dlscretion of the directors.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is
restrlcted to that area or purpose.
Penslons and other p05t retlrement obllgations
The charity operates a de*ined contribution pension scheme which is a pension plan under which fixed
contribLttlons are paid into a penslon fund and the charity has no legal or constructive obligation to pay further
contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to
employee servlce in the current and prlor periods.
Contributlons to defined contribution plans are reco8n15ed in the Statement of Flnancial Activities when they are
due, If contributlon payments exceed the contribution due for service, the excess is recognised as a prepayment.
Page 18

Hope Church Orpington
Notes to the Financial Statements for the Year Ended 31 December 2024
3 Income from donatlons and legacles
Unrestrlcted funds
Deslgnated
General
Re5trlcted
fund5
Total
2024
Total
2023
Donatlons and
legaeies,.
Appeals and
donations
75,048
651,874
87,169
97,605
824,527
87.169
740,557
87,059
Glft ald reclaimed
Grants, including
capital grants;
Grants from other
charities
12,000
57,468
45,933
69,468
45,933
67,200
54,212
Gifts in kind
75,048
751,043
201,006
1,027,097
949,028
4 Income from charltable actlvltles
Unre5trlcted
fund5
General
Restrlcted
funds
Total
2024
Total
2023
Church activitles
34,543
15,415
417
34,960
15,415
44,562
7,255
Rental income
49,958
417
50,375
51,817
Page 19

Hope Church Orpington
Notes to the Financlal Statements for the Year Ended 31 December 2024
5 Investment Income
Unrestrlcted
funds
General
Total
2024
Total
2023
Interest receivable and similar income;
Interest receivable on bank deposits
73,571
73,571
62,616
6 Other Income
Unrestrlcted
funds
General
Total
2024
Total
2023
Miscellaneous income
756
756
1,080
Page 20

Hope Church Orpington
Notes to the Financial Statements for the Year Ended 31 December 2024
7 Expendlture on charltable actlvltles
Total
2024
Total
2023
Note
Church family actlvities
Conference5 and other training
Bromley premises and operating costs
West Wickham & Chislehurst premises and operatlng costs
Downham premlses and operating costs
Other charitable expendlture
Orpington premises and operating costs
Evangelism and community outreach
Chlldren's and youth work
Training future leaders
Ministerial and travel expenses
Repalrs and maintenance
Depreciatlon, amortisation and other similar costs
Grants to individuals
8,424
3,971
40,543
25,257
1,447
6,197
70,257
18,734
49,452
33,476
52,729
30,000
45,009
55,533
201,552
458,333
153,025
3,862
2,110
46,226
25,355
37,316
1,278
58,504
19,745
81,031
31,564
24,961
140,000
42,338
50,518
125,557
395,462
129,849
Grant5 to Instltutions
Staff costs
Support Costs
1,253,939
1,215,676
In addition to the expenditure analysed above, there are also support costs of £153,02512023 £129,849) which
relate directly to charitable activities. See note 8 for further detalls.
Page 21

Hope Church Orpington
Notes to the Flnancial Statements for the Year Ended 31 December 2024
8 Analysls of support costs
Total
2024
Total
2023
Staff costs
Wages and salaries
Soclal security costs
Penslon costs
87.681
4,841
6,959
7S,211
6.546
6,669
Audlt fees
Audlt of the financial statements
Bank interest payable
Administration expense5
Legal and professional
Bad debts written off
10,500
4,465
35,080
269
io,ioo
5.617
24,956
7SO
3,230
153,025
129,849
Page 22

Hope Church OrpSngton
Notes to the Financial Statements for the Year Ended 31 December 2024
9 Grant-maklng
Analysls of grants
Grants to Instltutlons
2024
2023
Grants to Indlvldua15
2024
2023
Analys5s
To individuals
55,533
50,518
To institutions
201,552
125,557
201,552
125.557
55,533
50,518
Below are detai15 of material grant5 made to institution5
2024
2023
Name of institution
Reglons Beyond
Actlvlty
Church activities
65,133
25,200
10 Dlrettors remuneratlon and expenses
During the year the charity made the following transactions wlth dlrector5'.
Anthony Hall received remuneration ot £59,730 12023,. £56,359) plus pension contributions of £5,973 12023..
£5,636) and hls wlfe, Tina Hall, received remuneration of £13,11512023: E12,3671 plus pension contributlons of
£1,312 12023: £1,237). Gary Carvosso received remuneratlon of É18.382 12023: £17,343) plus pension
contributions of El,838 12023.. £1,734). During the year Molly Carvosso, daughter of Gary Carvosso. received
£16,15112023: £13.2931 plus pension contributions of £1,61512023: £1,329} In connectlon with her employment
as media assistant wlth the charity. Thelr remuneration was in accordance with the provislons of the governing
document.
Three directors and five persons related to them incurred expenses totalllng £74,032 12023.. E26,0071 in
connection with their duties as employees or volunteers rather than as dlrectors and one of them received £nil
12023: £1,200) to cover expenses accommodatlng an Intern worklng at the church. The significant Increase from
previous year is due to £59,93512023: £16,6691 being reimbursed for Ukraine aid expenditure in the last year.
Donations received from the directors and persons connected to them for the year totalled £118,01012023:
£126,824).
Page 23

Hope Church Orpington
Notes to the Financlal Statements for the Year Ended 31 December 2024
11 Staff cost5
The aggregate payroll costs were as follows:
2024
2023
Staff costs durlng the year were:
Wages and salarles
Social security Costs
Pension costs
473,061
39.035
45,718
412,168
32,600
39,120
557,814
483,888
The monthly average number of person5 lincludlng senlor management I leadership team) employed by the
charity during the year expressed as full tlme equivalents was as follows..
2024
No
2023
No
Mlnisterial
Support
12
li
1112023 - 91 of the above employees participated in the Oefined Contribution Pension Schemes.
The number of employees whose emoluments fell wlthln the following bands wa5..
2024
No
2023
£60,001- £70,000
The total employee benefits of the key management personnel of the charity were £244,96912023 - £186,1151,
The chlef executlve officer, as the highest paid member of staff, received benefits totalling £6S,703 12023
£61,995).
12 Audltors, remuneratlon
2024
2023
Audlt of the flnanclal statements
10,500
io,ioo
Page 24

Hope Church Orpington
Notes to the Financial Statements for the Year Ended 31 December 2024
13 Taxatlon
The charity is a registered charity and is therefore exempt from taxation.
14 Tangible flxed as5Èts
Improvements
to short
leasehold
Furniture and
equlpment
Total
Cost
At l January 2024
Additions
166,390
21,365
226.669
393,059
21,365
At 31 December 2024
187,755
226.669
414,424
DeprecSatlon
At l January 2024
Charge for the year
157,024
13,587
195.248
31,421
3S2,272
45,008
At 31 December 2024
170,611
226,669
397,280
Net bookvalue
At 31 December 2024
17,144
17,144
At 31 December 2023
9,366
31,421
40,787
IS Stock
2024
2023
Stocks
14,049
5,154
16 Debtors
2024
2023
Trade debtors
2,381
28,912
13,000
26,668
2.868
7,605
Prepayments
Accrued Income
Other debtors
24,389
70,961
34,862
Page 25

Hope Church Orpington
Notes to the Flnanclal Statements for the Year Ended 31 December 2024
17 Cash and cash equlvalents
2024
2023
Cash on hand
287
I,iii
1.855,434
Cash at bank
1,627,081
1,627,368
1,856,545
18 CredStors: amounts falllng due wlthln one year
2024
2023
Other taxatlon and socSal security
PAYE/NI Liability Provision
Other creditors
12,571
10,427
631
1,922
24,620
8,560
2,248
61,082
2,000
Accruals
Deferred Income
47,673
76,388
2024
2023
Deferred income at l January 2024
Resources deferred in the period
Amounts released from prevlous perlods
2,000
12,0001
8,560
788
2,000
17881
Deferred Income at year end
8,560
2,000
Page 26

Hope Church Orpington
Notes to the Flnanclal Statements for the Year Ended 31 December 2024
19 Obllgatlons under leases and hlre purchase ¢ontracts
OperatSng lease commltments
Total future minimum lease payments under non-cancellable operating leases are as follows:
2024
2023
Land and bulldlngs
Within one year
Between one and five years
15,600
25,854
7,500
41,454
7,500
20 Provlslons
St luke's
Church splre
140,000
1106,9701
30,000
Total
At l January 2024
Utilised durlng the period
Credited to the statement of recognised gains and losses
140,000
1106,9701
30,000
At 31 December 2024
63,030
63,030
21 Penslon and other schemes
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents
contributions payable by the charity to the scheme and amounted to £45,71812023 - £39,120).
Page 27

Hope Church Orplngton
Notes to the Financlal Statements for the Year Ended 31 December 2024
22 Funds
Balance at i
January 2024
Incomlng
resourte5
Resources
expended
8alance at 31
December 2024
Unrestrlcted funds
Generol
General Funds
I,S89,916
875,328
11,018,849)
1.446,395
Deslgnoted
New con8regation5
Soclal actlon fund
963
19631
110,4751
12511
15,2231
11.3391
1361
13,652
251
3,177
Hardshtp fund
Food distributlon fund
5,223
7,291
Mlcro mlsslon fund
5,952
75,012
Downham 8uildlng Purchase
75,048
27,380
75,048
118,2871
84,141
Total unrestrlcted funds
1,617,296
950,376
11,037.1361
1,530,536
Re5trlcted funds
Special orferlng and collettlons
Over5ea5 aid
511
7,319
1.450
350
13.2061
11,4501
18331
111.8801
122,4641
13.4731
139,2881
187,9861
139,1181
11,7061
12,7311
4,624
Mlcro Mlssion
762
279
West Wlckham
Baby Baslcs
Haidship fund
Food distributlon fund
154
11.864
29,647
3,238
33,597
71,486
36,319
80
138
12,757
235
19,940
5.691
41,896
38,531
1,626
1,000
233
Ukralne fund
25,396
35,732
Regions Beyond Global fund
Hope Centre New Door fund
Mission Sponsorshlp
Release Internatlonal
2,460
729
233
Together 25 Evenl Sponsorship
Interns Support fund
Warm Space fund
942
942
2,668
12,6681
267
270
103,663
201,423
1216,8031
88,283
Total funds
1,720,959
1,151,799
1,253,939
1,618,819
Page 28

Hope Church Orpington
Notes to the Financial Statements for the Year Ended 31 December 2024
Balance at
31
December
2023
Balance at I
January
2023
Incomlng
resource5
Resources
expended
Transfers
Unrèstrlcted funds
General
General Funds
1,663,129
887,650
1920,2631
140,6001
1,589,916
Deslgnated
New congreg3tlons
Repaii and maintenance fund
Soclal action fund
963
963
100,000
13,652
1140,6001
40,600
13,652
Central funds and Infrastructure
team
577
15771
14381
Hardshlp fund
Food dlstrlbulion fund
Mlcro misslon fund
689
251
5,223
7,541
5,223
7,291
12501
128,645
1141,8651
40,600
27,380
Total unrèstrl¢ted funds
1,791,774
887,650
11,062,128)
1.617,296
Restrlcted funds
Special offering and collections
Overseas aid
511
511
I,soo
600
11,5001
Micro M15s1on
162
762
West Wickham
154
154
Baby B3slcs
Hardship fund
Food distilbutlon fund
Ukralne fund
Regions Beyond Global fund
Hope Centre New Door fund
Mlsslon Sponsor5hlp
Release International
Gift fund
Intern5 Support fund
Warm Space fund
21,138
2,070
21,100
35,185
20,954
1,496
47,412
56,234
38,572
3,936
1,000
245
129,3351
13,3311
162,8211
149,5231
1411
12,3101
12,757
235
5,691
41,896
38,531
1,626
1,000
233
1121
13.6361
11,0001
1391
3,636
1,000
306
267
80,320
176,891
1153,5481
103,663
Total fund5
1,872,094
1,064,541
11,215,676
1,720,959
Page 29

Hope Church Orplngton
Notes to the Financial Statements for the Year Ended 31 December 2024
De5sgnated funds:
New Congregations - money Set aside to establish new conEregations.
Repair and maintenante fund transfers have been made to th15 fund to facilitate repair of the spire at St Luke'5
Church Bromley Common. In accordance with a lease dated 23 December 2014 the charity is to repair and restore
the spire wlthin S years of the date of the lease, Work on repairlng and restoring the spire together with other
works started in August 2024. At the 31 December 2023 a provision of £140,000 was created (See note 201 thereby
reducing the balance on this deslgnated fund to zero.
Christ Central Church, Penge - are funds for mentoring services.
Social action fund a glft was received towards the social action of the church. It ha5 since been clarifled with the
donor that the funds can be used at the discretion of the directors who have agreed it will be used as far as
possible for soclal action and therefore the income has been treated as deslgnated.
Central funds and infrastTUCture team - money set aslde to facllitate the work of the infrastructure team.
Hardship fund a fund to provided help for those facing flnancial hardship.
Food distrlbution fund funds set aside to 35slSt the work of the Transform Bromley Borough Food Partnership
initlative.
Mlcro mission fund funds Set aside to facilitate smaller evangelistic ventures and initiatives.
Restrlcted funds:
special offerlng5 and collections - monle5 from special offerings or gifts received for a restricted purpose which do
not form part of another restrlcted fund. The transfer out of restricted ftjnds reflects restrlcted income fully
expended on assets for onEolng use for unrestricted purposes.
Oversea5 aid this fund represents monies ralsed speciflcally for relief of poverty in overseas countries.
Micro Mlssion funds recelved to facilitate smaller evangellstlc ventures and inltiatives.
Haye5 and West Wickham - this fund receives Sncome restricted for the purchase of sensory play equipment for the
Little Gems toddler group.
Baby Basics this fund recelve5 income restricted for use in providing essential equipment, clothing and toiletries
for women and famllie5 in extreme need.
Hardshlp fund this fund receives gift5 for helping those faclng financial difficultle5,
Food distribution fund - this fund receives Income to facilitate the activitie5 of the Transform Bromley Food
Partnership initlative.
Page 30

Hope Church Orplngton
Notes to the Flnancial Statements for the Year Ended 31 December 2024
Ukraine fund this fund receives Income to provlde food and necessltles for faith communities that we partner
with Ilving in unoccupied Ukraine.
Regions Beyond Global fund - Gifts received to further the evangelistic work of the Region5 Beyond Global family
movement that we are part of.
Hope Centre New Door fund - Gifts to improve the infrastructure at the Orpington Hope Centre site.
Mission Sponsorshlp Gifts to allow overseas Mission for those unable to afford to go.
Release International - Money raised at events to 5UPPOrt Release International,
Glft fund Small Gifts made for specific purposes within the church activities.
Intern Support fund - Grants received to 5UPPOrt the church intern programme.
Warm Space - Gifts received to help provide a warm space for anyone to meet and share hot food and drink. Based
in the Orpington Walnuts HUB building.
Together 25 Event Sponsorship - Money given to allow those unable to afford to go.
23 Analy515 of net asset5 between funds
Unrestrlcted
funds
General
Total funds at
31 December
2024
Restrlcted
funds
Tangible fixed assets
Current assets
17,144
1,624,095
147,6731
163,030}
17,144
1,712,378
147,6731
163,0301
88,283
Current liabilities
Prov15ions
Total net a55ets
1,530,536
88,283
1,618,819
Unrestrlcted
funds
General
Total funds at
31 December
2023
Restrlcted
fund5
Tangible fixed assets
Current assets
40,786
1,792,898
176,3881
1140,0001
40,786
1,896,561
176,3881
1140,0001
103,663
Current Ilabllities
Provisions
Total net assets
1,617,296
103,663
1,720,959
Page 31

Hope Church Orpington
Notes to the Financial Statements for the Year Ended 31 December 2024
24 Related party transa¢tlons
There were no related party transactions in the year other than those highlighted in Note 10.
25 Non-adlustlne Èvents after the flnanclal perlod
In April 2025, the charity completed the purchase of the Whltefoot Chrlstian Centre for a total consideration of
£780,000. The acquisition occurred after the balance sheet date of 31 December 2024 and does not relate to
conditions existir)g at the year end. Accordingly, the transaction has not been recognised in the 2024 financlal
statements.
Page 32