HOPEI CHURCH WINCHESTER Hope Church Winchester (Limited by Guarantee) (Company number 06804892) Report and Financial Statements Year ended: 31 March 2025
Hope Church Wlnche5ter Contents Page Legal and administrative infomiatlon Report of the trustees Report of the audltors 8-11 Statement of Financial Artivities 2025 12 Statement of Flnan¢lal Actlvltles 2024 13 Balance sheet 14 Cash flow statement 15 Notes formlng part of the flnanclal Statements 16-27
Hope Churth Wlnchester Legal and admlnlstrative information StatUS The charlty Is a charitable comparw limited by guarantee and was incorporated on 29 January 2009. The charlty Is governed by a Memorandum and Articles of Association. Under the Articles, all members of the charlty must be approved by the elders of Hope Church Winchester. Trustees, who are also dlrectors of the charltable comparry for the purposes of the Companies ACL can be appointed by ordinary resolution in a General meetlngofthe charity or bythe existingtru5tees. No person may be appointed a trustee of the charity unless they satisfy the appointers that they subscribe and adhere to. in belief and lifestyle, the Statement of Bellefs contalned In the Articles. Trustees Steve Chlck Iresllned 4 June 20241 lan johnson Lli Leathem Bryn Morgan lappolnted 4 June 20241 Clodla Mutamlrl Charles Pate lappolnted l Au8ust 20241 lappolnted Chalman 21 September 20251 Mary Piztey (appointed 4 December 2024} Peter Smlth (Chaimian untll 21 September 20251 Henrlk Steinbrecher Address Mlddle 8rook Cèntre, Mlddle Brook Stree( Wlnthester, Hampshlre. S023 8DQ Sttretary Peter Smlth {appolnted 21 September 20251 Audltors Knlght Goodhead Limtted. 7 8oumemtyJth Road. Chandlerfs Ford. EaStleh. Hampshire. $053 30A Bankers Natlonal Westmlnster Bank plc, 105 Hi8h Street. Wlnchester, Hampshire. S023 9AH United Trust Bank Limited. l Ropemaker Street. London. EC2Y 9AW Re&lstered Company Number 06804892 Reglstered Charlty Number 1128609
HOPE CHURCH WINCHESTER CompBny1kn6ted by8uarante•and nothav6n8share capital REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present thelr report and group financlal statements of the charltyand Its subsldlary for the year ended 31 March 2025. Objects The objects of the charlty are.. to advance the Chrlstlan Falth In accordance wlth the Statement of Bellefs: to relieve slckness, dlstress or financial hardshlp and to promote and preserve good health by the provision of funds. 8oods and serylces of any klnd. Includlng the provSslon of counselllng and support,, to advance educatlon, marrlage and famlly life; In such parts of the Unlted Kln8dom or the world Js the Trustees see flt. Or84nls•tlon•l structure The buslne55 of the church is manaied by the Trustees who meet regularly to revlew strate. pollcy and operatlonal matters. Day to day mana8ement15 delegated to the Dlrector of Operatlon5 and Staff who leads the Staff team supportlng the Senlor Pastor. The spirltual leadershlp of the Church rests wlth the team of Elders. We joln with the Elders In very much appreclatlng the loyalty and commitment of all our staff durin8 what has been a challen8ln8 year wlth a number of change5. Trustee appolntm•nt •nd development The Trustees are appolnted by the Elders of thè Church In accordance w5th the Constltutlon. New Trustees are glven approprlate brleflnB on appolntment and all Trustees are kept Informed aboLtt relevant Charlty Comm555lon guldance, Charity law and best practlce to ensure thelr ongoln8 competence. We wldened our demographlc and 5klll base by appolntlng 3 new Trustees In the year to help ensure we are well placed to meet future challen8es. We would Ilke to record our appreclation of Peter Smlth who passed the baton as Chalr to Charlle Pate In September 2025 after about 20 years In that role. We are Grateful that Peter continues as a Trustee and as Company Secretary. MembershSp Our formal membershlp Is about 350 adults although we are seeln8 significant growth and attract over 550 people to our Sunday worship servlce. We join wlth the eldershlp team In glving thanks for thls and the hlgh level of commltment wlthln the Church reflected in servl¢e and financlal 8lvin8. Public benefft The Trustees have complled wlth sectlon 4 of the 2011 Charltles Act to give due regard to the public benefit. They have reviewed guidance set out by the Charity Commission and believe that the charity meets its obligation5 in thi5 respect throu8h actlvltles noted below.
HOPE CHURCH WINCHE CompatyliffliiÈd bytuarantseaThS notha¥fvyshareuwal REVIEWOF AcnviTIES The Church continued to fulfil its charitable objettwes durin8 the year. In dolng so. the Trustees have considered the Charity Commission's guidarte on public benefit and. in particular. specific guidance on charities for the advancement of liE10n. Core activitses The Church's regular Sunday meetings and other activities EW and thrived during the year. We are grateful to God ft>r howwe have been able toengage wlth a growng number and diver5ityof people. Our Community Groups continued to meet throughout Winchester and surrounding areas sustaining and building relationshlps withln the Churth. Our ministries to the wider ccmmunlty have developed as part of our core artlvltles addresslng splritual. mater1 and emotlonal needs. The Church contlnuestosupportchristian mlsslonsboth locally and overseas inconjunctlon with Comrni5sion a5 part of the NewFrontiets famlty of churthes. Communltyxtlvlty We have contlnued to focus on needs wtthln the Qty indudir ongoing relationships with other Churches and Charitie5. We a committed to the folliming.. Debt relief.. Winchester Christians Against Poverty Debt Advice Centre is fvlly fvnded by the Church. Qperating from the Middle Brook Centre, CAP helps people become and live debt free. The Cradle." Our parents and babSes' group Is open to people from within the Church and the wider community TheArk. Our parentsand toddlergroupèttractsa V4ryde rangeof people largelyfrom outsidethe Church. Hope Cofe.. Our soup kntchen operates one night eath week and helps many dlsadvantaged and needv people living within the City. All Natlons Café.. We have seen sl8nMlcènt development in this programme which welcomes and connects people who have moved to Winchester from other countries. Afterschool Oub.. We pmwde food and supwt for families Increaslngty Imparted by the cost-of-living cri5i5. Morrioqe andporenting$uppo. We seek to ensurethat couples and parents receive help and support in their marriages and familie5. Youth Work.. We run an active and fun programme open to your* people from wlthln the Church and our wder community. Hope Klds." We provlde teachln& actfvities and 5UPPOrt for children from wtthin the Church and our wlder communlty
HOPE CHURCH WINCHESTER Comparwlimitod by8uaranteeand noi ha¥Inishe tathl Student Work.. We support students* partlcularly In Wlnchester Unfverslty and Wlnchester School of ArL helpin8 them to connect wlth the Church communlty Plck ondmlx.. Provlding friendship, activities and support part5cularly for older. often lonety. people rermln.. Working wlth the Miracle Street Charlty, we SUPF)Ort, encourage and help renew d5sadvantaged men often from addirtNe backgrounds. Worm Welcome.. Thls regular mlnlstry welcomes all who could do wlth a cuppa and a chat. Explore.- We have seen slinlflcant response to thls mlnlstry developed durlni the year for people who want to dlscover more about the Christian falth around a shared meal. short talk wlth tlme to chat and ask questlon5. Pregnoncy Crlsls.. We support the work of the Wlnchester Pregnancy Crlsis Centre whleh offers help and 5UPPOrt to women and thelr families facin8 an unplanned pre8nancy or those needlng support follow5ng a stlll blrth. mlscarrlage or termlnatlon. Street Postors.. We artlvely support the work of Wlnthester Street Pastors whlch provldes ¢arè and support for people out In the Clty Centre late at ni8ht. Cltycentre choalnc¥.' We contlnue to support thls mlnlstry whlch helps people workln8 In Wlnchester Clty Centre. Bosic$ 8ank.. We #ctively support the work of Wlnchester 8aslcs Bank whlch provldes emergency food and clothes to Indlvlduals and famllles In need. Facilities Hire.. Our facilities are available for hire enabllng us to generate funds whllst bulldSng good relatlonshlps wlth the buslne5Si publlc sector and charlty communlties In and around Wlnchester. Mlddle Brook Centre The MBC Is well used by the Church and outslde agencles malnly from the publlc 5e¢tor and charltles, Artlvlty slgnlficantly Increased over the year as reflected in the Financial Statements. Staff and volunteers Durlng the year to 31 March 2025 the Church employed an average of 8 fijll and 15 part-time staff. a full time equlvalent of about 13 people. slSght Increase on prevlous year. We are thankful to God for all our staff and the hundreds of volunteers who faithfulty see the Church. Flnance God ha5 continued to bless the Wofk of the Church financially as outllned In the Consolidated Statement of Flnanclal Artlvltles. Total Income for the year was £975k12024 £784kl and overall net income, (before the property impairment- see below) was £84.9k12024 £43.7kl. Unrestrlcted fvnds at 31 March 202S were £3.983million12024 £4.957millionl'. Restricted funds were £l.Sk12024= nlll.
HOPE CHURCH WINCHESTER Company limited 8u8ranteeathd noth808$hOre apltsl The Church'swholly owned subsldlary. HCW Facilities Management Ltd, manages and hires out the property owned by the Church. Durlng the year, the subsidiary generated a profit of £22.4k12024 £8.4kl after taking account of contrlbution5 towards the running costs of the Charity. The Trustees regularly reviewthe reserves of the Church. This encompasses income and expenditure streams includin8 matthin8 variable income with fixed commltments taking account of the nature of reseNes. Reviews a150 take into account the Trustees, settled conviction that God will continue to supply the financial needs of the Church. The Church's Beneral fund increased from £239.2k to £299.9k durin8 the year. Our policy is to maintain general reseNes (excluding the desi8nated Maintenance Fund) equivalent to at least 3 months of operating costs which. when specifically approved by the Trustees, may reduce towards 2 month5 operating costs provided a return to 3 months operatlng costs is Ilkely wlthln a reasonable perlod of time. The Trustees are pleased to report that reserve levels were In excess of 3 months cover at 31 March 2025 and at the date of signing this report. Property lrnpalrment The MBC building is a fairly unique building situated In the centre Winchester. Followinu a propertyvaluation of the M8C by C8RE in January 2025 the exlsting use value was £3m-£4m Imid-point £3.5ml with a sli8htly higher develoPMent value. Trustees in light of the extstlng use value decided to follow usual aceountancy norms and felt It was appropriate for a property Impalrment of £1,057,$68 to be made in orderto reduce the freehold property value to £3.5m. Rlsk5 The Trustees routinely assess the major risks to which the Church Is exposed. partlcularly those related to operations. finance and safeguarding and are satisfied that approprlate arrangements and sy5terns are in place to control and mitigate exposure to major risks. In the Ilght of posslble developments, we have recently added project management risks to those routinely revlewed so we can be assured that these are well managed and controlled. We review the Church's arrangements for safeguardlng at least annually and are sat15fied that the Church's arrangements for safeguarding children and vulnerable people are effective. Appreciatlon and outlook We are grateful to God and HIS people for mÈetln8 the Church's financial needs and for significant ongoln8 commitment to the life and service of the Church. We contlnue to believe that we are outworklng the vlslon that God has put before us and have every reason to view the future wlth confidence. Responslbllltles of the trustee$ Charity law and the Companles Acts require the Trustees to prepare financial statements for each finandal year which give a true and fair view of the stste of affairs of the charity at the end of the year and of the surplus or defictt of the charity. In preparing those financial statements the trustees are required to..
HOPE CHURCH WINCHESTER cornpary1lmed b¥ wrantee3rI ha¥tryshwe Caltal . select suitable accounti[¥ policie5 and then applythem consistently: make lud8ements and esiimates that are reasonable and prudent: ' prepare the financial statements on golng CCeM basis unless tt Is inapproprlate to presume that the charlty wlll contlnue on that basts: and state whether appllcable acmuntlnE standards •)d statements of ¢0Mmended prattl have been followed. subjert to ary material departures ssch)sed and explained In the financlal statements. The Trustees are responslble for maintalnln8 proper accountlng records whlth dlsclose wlth reasonable accuracy at any tÈme the financial position of the charity and whlch are sufflclent to show and explain the charltrfs transartM)ns and enable them to ensure that the financlal statements comply wlth the Companles Act 2006. They are also responslble forsafe8uardln8 the assets of the charlty and hence fortakln8 reasonable steps for the preventlon and detection of fraud and other irreaarItle5. The Trustees are also responslble for the contents of the Trnstees. Rewrt and the resnsIbIlIty of the audltors In relatlon to the TnJstees' Report is Ibmlted to examlnlry the report arKI ensurlng that, on the face of the report, there are no Inconslstendes wlth the fl8ures dlsclosed In the financlal ststements. So far as each Trustee Is aware. there Is no relevant audlt Infomlatlon of vknlch the charity4s audltors are unaware. and each Trustee has taken èll the Ste that they ou8ht to have taken as a Trustee to make themselve5 aware of any relevant audit Infomiatlon ènd to establlsh that the charltvs audltors are aware of that Inforniatlon. Audltors Knlght Goodhead LlmSted were re-appointed as the Charltvs audltors durln8 the year Jnd have eXpSsed thelr wSllln8ness to contlnue In that capacity. Aecountlni and reportln¢stsnd•rds Thls report has been prepared In accordance wlth the Account5ng and Reportln8 by Charltles: Statement of Recommended Practlce applicable to charities preparing their accounts In accordance with FRS 102 and the provislons for small companles under Part 15 of the Companies Act 2006. Approved by the Tntstees on 25 Nowmber2025 andslqnedon thelr behoWby.' Charliè Pate Chalr of Tru51••1
Indepemdert audltors report to the members of Hope Church Wlnthe51ei Icompnyllmlted byzuarantee and not haTAng a %re capltal) Oplnlon We have audited the linancial statements of Hope Church Winchester (the company and the 8roupl for the vear ended 31 March 2025, which comprise the Consolidated Statement of Finanual Artivities, Consolidated Balance Sheet, Consolidated Cashflow Ststement and the rel*ed notes. The financlal reportlng framework that has been applled In their preparation 15 applicable law and Unlted Kingdom Accounting Standards including Financial Reporting Standard 102.. The Financ¢al Reportlng Standard appllcable to the UK and Republic of Ireland Iunlted Klngdom Generally Accepted Accounting Prarticel. In our oplnSon, the financial 5tztements'. give a true and fair view of the 5tatt ol the grourfs and the charitable cornpany's affairs as at 31 March 2025. and of its income and expenditure for the year then ended.. have been properly prepared In accordan with United Kingdom Generdlly Attepted Attounting Practlce,. and have been prepared In accordance wfjth the requirements of the Companies Art 2006. Basls of oplnlon We conducted our audit in accordance with Internatlonal Standards on Auditing IUKI IISAS IUKII and zpplicable taw. Our re5ponsibtlities under those standards are further deserlbed In the Auditorfs responsibilities for the audit of the financial statements section of our report. We are Independent of the Charity in accordance withthe ethical requirement5that are relevant to ouraudlt of the financlal statements in the UK induding the FRCS Ethical Standard. and we ha¥e fulfilled our other ethlcal responslbllltfjes In accordance with these requirements. We believe that the audit ence we have obtèlned is suffitlent and appropriate to provide 3 basis for our opinion. Con¢lv51oM relatlrytoiolng nCern In audltlng the f(nanclal thtements, we have concluded that the trustees. use of the golng concern basls of accountfjng In the preparatlon of the financlal statements 15 appropriate. 8a5ed on the work we have perfomied. we have not identified any material uncertainties relating to events or condltlons thaL Indfvldually or collectlvely, may cast significant doubt on the charitable company's ability to continue as a golng concem for a period of at lea 12 month5 from when the financlal statements are authorfsed for issue. Our responsibilities and the responsibillu.es of the trusieeswith respect to 80in8 concern are descrlbed Inthe relevant sectlons of thSs report. Other Infonnallon The rnjstees are re4)onslble for the other information. The other Inform•tlon comprtses the irrformation included in the annual report other than the flnancial statements and our auditorfs report thereon. Our opinion on theflnanclalstatementsdoes notcovertheotherinformation and. excepttothe extentotherwise explicitty statetl in our report, we do not express any fom of assurance conclusion thereon.
Independent audltors report to the members of Hope Church Wlnchester IComp•ny Ilrnlted by luarnntee and not a Shr• capftall Our responslbillty15 to read the other Infofmatlon and, In doln8 $0, conslderwhether the other Informatlon Is rnaterlally intonsistent with the fin?nclal statements or our knowled8e obtslned In the audlt Dr otherwlsè appeafs to be mattrlalty mlsststed. If we identify such materfal Inconslstencies or apparent materlal m15Staternent5. we are requlred to determlne whether there is a materlal misstatement In the financlal statements or a material m15Statement of the other informatlon. If. based on the work we have performed, we tontlud• that therè is a rn3terial misstatement of this other informatlon. we are requlred to report that fad. We hove nothlng to report In thls fe8Brd. Oplnlvh$ on •th#r matterffj preStbad by Companl•fy Act 2006 In ouf oplnlon. based on the work ulertaken In the tourse of thè audlt.. th• Informatlr)n 8lven In the trustee< report Ilncorpofitlni the strate8lc report ind the dlrectors, report) for the flnanclal year for whl¢h the flnan¢lal statements are prepared Is conslstent wilh the financlal statements., and the trustees. report Ilncorporatlng the strate8lc reportand the dlrectorg, report) have been prepared In •c¢ordance wlth appllcable legal requlrements. M•tt•rn on whlth w• •r• rnqulr•d to r•port by •¥¢emion We hive nothIn8 to report In respect olthe followlni marrerg where the Companles Act 2006 requlres us to report to you If. In our oplnlon.. the company has not kept adequate and sufflclent •ccountlni r•cords. or r•turns •dequat• fof our udlt have not been recelved from branches not vlslted by us., or the comp•ny's flnancl•l statements are not In ¥reement wlth the accountln8 record5 and returns. or certaln dlK105ure5 of tru5tees' remunerotlon sptclfied by taw are not made,. or we have not recelved all the Inforrnallon and explanatlons we requlrè for our audlt- or the trustee5 were not entltled to prepare ihe financlal staiements In accordanee wlth the sm•ll companl•s r•8lm• and take advantage of the Small companle5 exemptlon In preparlnB the Trustees, Annual Report and take advanta8e ot the small companles exemptlon from the requlrement to prepare a strote6lc report. Responslbiiitfes olihe Irujtees As explalned more fvlly In the trustee5' responslbllltle5 statement. the trustees are responslble for the preparatlon of the financlal ststements and lor belng satlsfied that they 8Sve a true and lair view, and for such Internal control a5 they detemlne Is necessary io enable the preparatlon of flnanclal statements that are free from materfal mlsststemenL whèther due to fraud or eiror. In preparlng rhe finandal statements, the tnjstees are re5WnsSble for a95e551ng the charltable company's abilKy to contlnue as a 8oln8 concern. disclosln& a5 applicable, matters related to eoln8 concem and usln8 the going concern ba515 of accountln8 unless the trustees elther Intend to Ilquldate the charltable company or to cease operations, or hove no alIStIC alternatfve but to do so.
Independent audltors report to thè members ol Hope Church Wlnchestev {Comp•rylmlted tywarantee and not hon8 • Sre witsl) Audltorfs re5pon4blll¥osforth• audlt of thetlnan¢121 stslemeb We have been appolnted as audltor under the C(y¥npanies Art 2006 and report (n zccordancè wlth the Aci and relevant regulations made or honI effect thereunder. Our oblectfves are to obtaln reasonable aSSUfance about vjhether the financlal statements as a whole are freefrom materlal mlsstatement, whetherduetofraud oi error, and to lssuean audltorfs reportthat Include5 ouroplnlon. Reasonable assurance 15 a hi8h level of a5suTance, butls not a guarantee that an audit Conducted In accordance wlth ISAS IUKI wlll always detect a materlal mlsstatement when It exlsts. Mlsstatements can arlse from fraud or error and are consldefed material It. Individualty or In the a88re8ate, they could reasonabty be expected to Influence the e¢onomlc dedslon5 of user5 taken on the basls of these 1Snanclol statemen Irregularltles, Includlng fraud, are Instances of non.compllance wlth laws and regulatlons. We deslgn procedures In Ilne wlth our responslbllltles, olIned abo, to detect matèrlal mlsstateménts In respect of Irre8ul3rltles, In¢ludlng fraud. The èxtent to whlth our procedures are capable of detectln8 Srregularltle5. In¢ludlnA fraud Is deialled bèlow.. The enga8ement partnèr ènsured that the eh8a8*rnent team collert1ve had the approprlate COMtenCe, cipabllltles ind skllls to Identlfy or recoinlse non•compllan¢e wlth ¥ppll¢ible laws and reAulitlons. We Identlfièd the laws and re8ulat6ons appllcable to the chailt¥ble company throu8h dlscussions wlth trustees and other mana8ement and we 4$5e55ed ihe exEert of complljnce wlth the law5 and r•gul8tlon5 Identlfied above throuih maklng enqulrleg of mana8ement and In5pectln8 legal correspondence. W• •s5ess•d th• $u$c•ptlblllty of the chirltable companys financlal statements to rnaterlal m15Statement, Includlng obtalnlng an understandln8 of how fr•ud mi8ht octur, by maklng enqulrle5 of man?&ement as to where th•y consldered there was 5usceptlblllty to Iraud. thelr knowledge of actual, Suspected and alleged fraud and consldtrlng the Internal controls In pl4ce to mltlgate rlsks of fraud and non.cornpllance wlth laws and reiulatloN. To addrosi th• rlsk of fraud through man•g•ment blas and overrlde of ¢ontrols. we perfumed anafytlcal procedures to Identlfy any unusual or unexpected rdationshlps. tested Journal entrles to Identlfy unusual transactions and Investigated the rationale behind sl8nificant or unusual tran5acUon5. In response to the rlsk of Irregularlties and non-compllance wlth laws and re8ulatlons, we deslgned procedures whlch Included. but were not Ilmlted to- 18reelng flnandal Statement d15c105ures lo underfylng supportln8 documentatlon; readlng the mlnutes ol rneetln65 of those charged wlth governance., and en4ulrfn8 ol mana8ement as to artual and potentlal Iltliatlon and clalms. Thère are Inheient Ilmltatlons In our audSt pro¢edures deKrlbed above. The more removed thJt14ws and regulatlons are from finandal tr3nsaction5, the les5 likefy it 15 that we would become •ware of non- compliance. Auditing standards also lirnitthe audlt procedure5 requlred to identify non-compliance wlth laws and regulations to enqulry of the tnrstees and othef management and the Inspectlon of regulatory and legal Orresponden. rf iry. Materlal mlsstatements that arlse due to fraud can be harder to detect thon those that arf5e from error as they may Involve dellberate concealment orcolluslon. 10
Independent audft¢xs report to the members of Hope Churth Wlnthester {Cornpany Ilmlted lryyaTrnteeand not wl AfurtherdescriptionofourTe5ponsibilitiesfortheau&tof thefinanaal 5tsternents rSIcted onthe FInala1 Reportlng Ctyjncifs website atr. httpsJlTPAVW.frLoIaudltorsIesPDnSIbrrtie Thi5 descriptKm forms part of our auditorfs report. Knight Goodhead Mr£e is eliÉiWe for appointrnent as audfftor of the tharitable company by virtue of Its eli8ibility toroppointment as auditor of a company under section 1212 of the Ci>mpan*s Act 2006. Llse olow report Thls report Is made solety to the charltawe compaThls member& as a boty. in accordance ¥rrith Chapter 3 of Part 16 01 the Compan$ kn 2C#J6. Our audlt work has been undertaken so that we mlght state to the charltswe compan$MeMberS those matters we are required to stateto thern in an auditorfs report and for no other purpose. Tothe fullestexlent perrnitted bylaw. we do not aptor assume resw>n5ibilitytoanyone other than the charitable companrfs mernbers 35 3 body. for our audit worl for this reporL or for the opinions we have f¢)mied. Cl Goothead FCA Senior Statutffj AudFkn KAighi G¢Mxlhead Llmittd Chartered Accountants and Ststutory AlitOrS 7 Boumemouth Road, Chandlerfs Ford. Easdeigh. Hampshire. SO53 3DA 11
HOPE CHURCH WINCHESTER (Company limited by 8uarantee and not havlng share caplral} CONSOLIDATED STATEMENT OF FINANCIAL AcnvmES FOR THE YEAR ENDED 31 MARCH 2025 Ilncludini Income and Expendlture xcountl R•rtrfa•d Total lunds Total funds Trds I5 2024 INCOMÉ Donatlons and le6ades Charitable •cti¥ities 14.406 849,204 14,689 99.907 10.246 760 688,242 17,455 69,574 7,873 404 14,689 99,907 10.246 760 HCW Facillties Min¢Ment Ltd Inve$trr¢ Inciwr oiher Income TOTAL INCOME 960AOD 14.406 974106 783,541 EXPENIJrnJAE Ch•rlt4ble artIlIeS 12.948 812.437 n.503 670,287 69.574 HCII Fadlltles Manayment Ltd r15 TOTAL EXPENIMTURE 176. 948 889.940 739,861 NET INCOME FOR THEYEAR BEFORE TRANSFERS 43.687 IMPAIRME1 OF FREEHOLD PROPERIY {I057W) TKV4SFERS gEPWEEN FUND5 J5 NEfiwÉNDmiREVINCOME FOR ThE 1974.160 19717021 43,687 TOTAL FUND BALANCES BROUGHTFORWARD 14,15 4.957,117 4.957,117 4,913,430 TOTAL FUND BALA14CE5 CARRIED FORWARD 19Qg57 458 3gH415 4,957.117 Tht Statement of Finandal Acti¥lties include5 311 gzin5 and losses reClS•d in theyear. All Income and expendlture derfves from contlnuiThJ act1¢$.
HOPE CHURCH WINCHESTER ICompany1Sm5ted by guarantee and not having Share capitsll PRIOR YEAR CONSOUDATEO STATEMENT OF FINANCIAL ACTIVITIES Ilncludlng Income and Expendlture accourtl Unre5trlded Restrlrted Totslfunds Notes fund5 funds INCOME Oonation5 and legacies Charltable actfjvlties 664.800 17,455 69.574 7,873 23.442 688,242 17.455 69.574 7.873 HCW Facilities Management Ltd Investment Income Other income TOTAL INCOME 760.106 23A42 783.548 EXPENDITURE Charitable activities 645,145 69.574 25,142 670,287 69,574 HCW Facfjlltles Management Ltd TOTAL (pENDITURE 714,719 25,142 739,861 NET INCOME FOR ThE YEAR BfFORE TRANSFERS 45J87 43.687 TRANSFERS BETWEEN FUNDS 14.15 NET INCOME FOR THE YEAR 45,387 11.700) 43.687 TOTAL FUND BALANCES BROUGHT FORWARD 14,15 4,911,730 1,71M) 4,913.430 TOTAL FUND 8ALANCES CARRIED FOIIWARD .Is 4957,117 4.957.117 The Statement of Financial Activitles includes all Balns and losses recogni5ed in the year. All Income and expenditure derive5 from continuing acifvitles. 13
HOPE CHURCH WINCHESTER (Company limited by guarantee and not havlng share capltall REGISTERED NUMBER: 06804892 CONSOLIDATED AND PARENT CHARITY BALANCE SHEEf AT 31 MARCH 2025 Group 2025 Charfty 2025 2024 2014 Notsi FIXED ASSErs Tan8lble asstts Inv•stments io 3,572,996 4,601,742 3,572,996 4,601,742 li CURRENT ASSETS Debtors Cath at bank and In hand 12 85,887 35S.687 441,S74 32,373 344.866 377,239 122,804 317.599 440,403 48,653 324.716 373,369 CREDITORS: Imounts f•llln6 due wlthln one year 13 30,1551 121,8641 128,9841 117,994 NETCURAENT ASSErs 41L419 355,375 411,419 355,37S NEfASSErs 3,WAIS 4.957,117 3.9B4.416 4.957,111 FUNDS Unrestrlcted lunds 15 3,982.957 1,458 4,957,117 3,982.958 1.458 4,957,118 R•strkt•d fund5 14 TOTAL FU1105 16 3,984.415 4J57.A17 3.984N16 4.957,118 The accounts have been prepared In accordance wlth the speclal provlslons of Part 15 of the CompanSes Art 2006 relating to small compa les. Approved byihe and signed an t ees on 25 Novembpf 2025 ehalf bv lan Johnwn Trustee 14
HOPE CHURCH WINCHESTER (Company limited by guarantee and not havin8 a share tapltall CONSOLIDATED CASHFLOW STATEMENT FOR THE YEAR ENOED 31 MARCH 2025 2024 Not¢s NEfcASM FLOW PROVIDED BY OPERATING ACTMnES 61,441 66,920 CASH FLOWS FROM INVEsnNG ACTIVITIES Interest recelved 10,2416 7,873 CASH FLOVIS FROM FINANCING AcrivmES Sale proceeds of flxed asset dlsposals Flxed as addbtlons 150 114.9391 160,8661 NeTCASH FLOW NET CASH Flow FOR THEYEAR Chanie In tash and cash equlvalents In the year 10,821 Cash and cJsh equlvalent It start of the ye¥r 344,866 284,862 C•sh •nd ush e4ulv¥l¢nts it the and al ihe y••r 35S687 NOTES TO THE CASHFLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 I NET CASFS FLOW PROVIDED BY OPERATING AcnviTIES 2025 Net movement In funds for the year Interest rttèived Depreclatlon Impalrment of flxed assttS L055llProffitl on dlsposal of fix•d ass•ts Ilncre4seVDecre35e In dtbtors Incretse /IOe¢re•sel In credltors 1972,7021 110,2461 30.679 I,OS7,568 1.365 153.S141 8,291 43.687 17,8731 23.611 11501 20.643 112,9981 N•t c¥$h flow frDm 0P•rntl •rtMtlas 61,441 66.920 2 ANALYSIS OF CASH A14D CASH EQUIVALENTS 2025 2024 Cash at bank and In hand 355,687 344,B66 355.687 15
HOPE CHURCH WINCHESTER (Company limited by guarantee and not havlng share capltall NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 I ACCOUNTrNG POUCIES (*) A¢tQuotl cOnntIOn The flnanclal atefflents have been prepared In accordance wlth the Finantial Reportlng Standard appllcable In the UK and RepublSc of Ireland IFRS 1021 and the Accountlng and Reportln8 by Charitie5: Statement of Recomrnended Practlce appllcable to charitles prepar4n8 thelr accounts In accordance wllh FAS 102, and the Companles Act 2006. The tharitable company rneets the deflnltlon of the publlc benefit entity under FRS 102. Assets and Ilabllltles are Inltlally recognlsed at h15torlcal cost or tran53Ctlon value unles5 Otherwlse slated In the relevant accountlng policy note. Th• accounts have been prepared on the 8oln8 concern bisls. There are no materlal uncertalntles about the charf(able company's ablllty to contlnue. Ibl fvnd •¢¢oyntlni Unrestrlcted fvnds are donatlon5 and other Income iecelved wlthout fvrth•r speclfled purpos•i •nd ar• •vallable for use at the dlscretlon ol the trustees In fvrthernn¢e of the ienernl oblectlves ol the chirltable company. Deslgnated funds #rt fvnds sel •slde by the trustees for 5peclfied purpose5 In furtherance of the ieneral oblectlves of the charltable company. R•stilcted funds are to be used for speclfic purposes are lald down by the donor. Expendlture whlch meets these ¢rlterb• Ss ¢h¥rged to the fvnd. Icl Income All Income Is Included In the Statement of Flnanclal Attlvllits when the Charltable ¢ompany Is entltled to the Income and the amount can be quantlfled wlth reasonable accurary. The foll¢)wlng speclfic pollcles are applSed to partlcvlar Categorlts of Income.. Donatlons and le8a¢les are re¢el¥ed by way of offerln8s and 81fts and ar• Included In full In th• St¥t•ment of Flnanclal Aclmtles when recelvable. The value of 5ervlces by volunteers has not been Included, but slgnlflcant tlmt Is glven by volunteers, partlcularfy In undertaklng management and admln5stratlon work. fj1ft5 pledged are not brou8ht Into the flnanclal statements untll ihey are actually retelvèd. Investment Income 15 Included when recelvable. Idl Expendlture Expendllure15 recognlsed on an attrual basls as a Ilablllty15 IncuNed. It Includes any VAT pald, whlchls Irrecoverable. 16
HOPE CHURCH WINCHESTER ICompany15mited by guarantee and not ha¥ln8 share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 I ACCOUNTING POUCIÉS lcontlnued) The pollcy of Includln8 Ilems wlthln the relevant actThrfty categorle5 of expendlture Is to apply dlrect costs to the approprlate artlvlty and indirect Costs on the basls of trustees calculatlons. The cost of charltable actlvltles represents thè dlrect Costs of runnlng church ac¢5vitles as Set out in the notes lo the financlal 5tatement5. The costs of fundralslnl tradln8 Include dlfect costs set out In the notes. (•) Flx•d •M•ts Flxed assets are capltallsed for on8oln8 use wlthln the charltsble comp•ny, Whe the Indfvlduèl cost of the asset •xceeds £l,aOO. Oepredatlon Is provlded on flled assets to spread the cosi over the estlmated usefvl Ilvts of the relevant assets at the followlng rit•s'. Olllct equlwent Furnlture ind flttln 33 V3% stralaht Ilne12024- 20% stralghi Ilnel 20% stral8ht Ilne Freeholé land Is not depreclited. Freehold bulldlni$ are carrled at ¢o$t and •re revlewed for Impalrment If clrcurn5tances Indlcate thelr value may exceed ihelr net reallsabje value and Value In use. It bs the charltable company's pollcy to malntaln all bulldln85 to such a standard that their èsilmated resldual value Is not less th•n thelr net book valu* at any 8lv•n tlme. ther•for•. no depreclatlonls ch•r8ed. lfj p•non co Q>ntrlbutlons In respect of ttte charltable company's dthned coTrtrlbutlon 5cherne are chsr8ed to the Statement of Flnanclal Activitie5 for the year sn whSch ihey are payable to the scheme. Dlfferences between conlflbutlons payable •nd contrlbutlon5 ICtu4lly p¥ld In the ye•r •re shown as elther other credltors or other debtors at the year end. I In¥tttm•nts Shar•s held In the chailtable company's tradlng 5ubsSdlary are stated 01 ¢osE. Ihl le¥¥ Rentals payable In respect of opefatlng lease5 vthere substantlally all beneflts and rlsks of ownorshlp r•m•ln wlth th• lèssor are charged to the Statement of Financial Activitie5 as incurred. 111 Twllon As a registered charity the tharltable company Is exempt from Income and corporation tax to the extent ihat Its Income and galns are applicable to charltable purposes onty. Value added tax is not recoverable by the charltable company. and is therefore Included In the relevant costs in the Statement of Financial Attlvities. 17
HOPE CHURCH WINCHESTER (Compary Ilmlted by guarantee and not haYln8 share capltsll NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 I ACCOUNnNG pouaES {tonllnu•dl Ul B1( flnanclal Inslrumants 8a5k financbal asset¥ whlch Indude debtors and cash and bank balances, afe Inltlally rnea5ured ai transadion prlt Includln8 transacllon tosts and are then caryled at amort15ed cost usln8 the effectlve Interest method. Flnancial a55et5 classified a5 receble wtthln one year are not amortlsed. 8ask financlal Ilabllltles, Includln8 credltor5 and loans from fellow group companies are 5n1t1al recognlsed at tfansactlon prlce and are subsequently carrled at amortlsed c05t UslD8 the effectlve Interest method. Flnaficlal Ilabllltles dasslfled as payable wlthln one year are not amortlsed. 2 LEGALSYAYUS The thorltoble company Is a company Ilrnlted by iuarnntee afid has no Share capltal. The charltable covnpany was Incorporated on 29 January 2009 In En8land and was re8lstered on 17 March 2¢ wlth the Charlty Commlsslon In Eniland and Walei. The re8lstered office of th ch•rltibl• campinyls Mlddlt Brook Centre, Mbddlt Brook Street, Wlnchester, Hampshlre, 5023 8DQ. HCW Facllltles Mana8ement Ltd Is a company Ilmlted by shares. The cornpany wa5 Incorporated on 9 March 2010 In England. The rtilstered office Is Mlddle Brook Centre, Mlddle 8rook Street, Wlnchester. Hampshlre, S023 800 rh• ompany Is J 100% owned 5ub51dlory of Hgpe Church Wlnche5ter. 3 WINOING UP OR DISSOLunoN If upon wlndln8 up or dlssolutlon ol the charltable company there rem4ln5 any assets, ¥fter 5atlsfactlon of all debts and Ilabllltle5, the assets reprn5ented by the accurruIat fund shall be transferred to some other charltable body or bodles havlng slmllar oble¢ts to the chafllable company. 4 DONATIONS AND LEGACIES Unr•rtrlrt•d R•rtrlct•d 1025 2024 Glft ald donatlons Tax recoverable Other donations 553,192 138,298 143,308 834.798 555,996 138.999 10,901 154.209 14A06 849.104 476,476 119,119 92.647 688.242 701 18
HOPE CHURCH WINCHESTER (Company Ilmlted by guarantee and not hawng share ¢apitsll NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 5 CHARETABLEAcnvmES INCOME Unr•strlrt•d R•strl£t 2015 2024 Church departments Events and sundry Income 3,997 10,692 14,689 3997 10,692 4,850 12,605 17.455 0 STAFF COSTS 21n5 2024 W•ies ind s•l•rles Redundancy Soclol securlty costs Penslon Con501idated staff costs per group 469.089 6,646 35,263 26,978 537.976 403,111 16,906 22,945 452.962 Less arnounts rech¥r8ed to connected tompanles Total staff costs per charlty 146.665 491.311 141,012 411.950 The average number of staff employed durln6 the year w05 2312024.. 211.. a full tlmt equfvalent of about 10 peopl•. One employee iecelved emolufflentsof £60,000 or more durlng th15 year. none In the prlor year. At tht yèar end there were outstandln8 penslon contrlbutlons payable of £nll 12024.. £1,658). Totsl penslon ontrlbutlon5 of £53,35012024.. E43,5241 were pald by the charltable ¢ompany •nd are Included In the SOF Ourlng tho ye•r key m•ni8ement personnel were pald a iotal of E329,64016 employeesl 12024: £267,064 amployeesl. No remuneratlon was pald to trustees durlrtr8 the year extept those detalled In note 19. 19
HOPE CHURCH WINCHESTER Icompany limited byguarantee and ha7 share caprtall NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 7 EXPENDrruRE Staff Costs Travel and ac£ommodation experses Vlsltln8 speakers Leadership training and frontier projert Events Telephone Middle Brook Centre runnin8 ¢05ts Catering Church departments Books and COS Bank charges Computer and website 5UPPOrt ProfÈsslonal f. lawsand re8ulations ndrie5 Glfts and d¢Ywtlons Depreclaoon Audit fee Equipment and venue hire Printin& p05taÉe and stationery Repatrs and rerwals IProfftl on disposal 488330 1641 15.950 4.578 2Q830 1912 1981 491.311 2.641 15,950 4.578 30,330 3.912 ,446 38,503 13.678 4.078 411.950 15.920 3,938 27.S76 3.141 45,289 29.307 11.996 3,142 4,049 25.771 4.111 34,723 11715 4.078 3.780 963 22.977 5.133 22.977 5,883 750 45.105 679 4.980 226 1157 516 1,365 974 46,079 30,679 41246 23.611 4,620 770 1562 1.042 11501 670387 226 1157 S16 1.365 811437 Included thITr audit fees are amounts to the auditors kn relation to the audit work of E3,72012024.. £3.6201 and £1.20012024.. £1.(tOOl in respert of accounts preparation work. In addition, included within HCW Facllltles Mana8ement Lid expenditure Is £840 IJ)24- £7801 due to the auditor in respect of accounts preparation and corratIOn tax work. 20
HOPE CHURCH WINCHESTER (Company IlmSted by auarantee and not ha¥in8 share tapitall NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 8 ANALYSIS OF GRAt4TS G1ft5 and donation5 made in the year totalled £46,079 of which £3.394 was made to Indmduals and £42.685 was made to Instltutlons. Glfts over £1,000 per Instltutlon are as lollows.. 2025 Comml551on Apostollc Trust Chrlstlan5 Agalnst Poverty Wlnchester 8e?con INl8ht shelierl Wlnchester B•slc 8ank Street Pastors Newday Generatlon Wlnchester Pregnancy Crls15 Centre Unlversltles & Colleges Chrlstlan Fellow5hlp Chrlst Centril Church World Vlslon Othef Small glfts to Instltutlons Total 81fts to Instltutlons 18.500 7,2 ,800 7,200 4,500 4,500 2,400 2,400 2,400 4,250 1,335 42,685 1,320 38,120 Glfts to Indlvlduals 3.394 4,126 Total Wfts and don•tlons 46079 42,246 9 NEf INCOME FROM TAAOING AcfMTIES OF SUJSIDIARY The group Statement of Flnanclal Actlvliles Intludes the results of the chlrltable compjny's wholly ¢)wned sub51dlary. HCW Facllltle5 Management Ltd, vjhlch deals wlth the hlrlng of church facllltles to thlrd plrtles. The SubdIary Is Incorporated In the Unlted Kln8dom and pays all ol Its profits to the charltable company by way of donatlon. The charltable company owns the entlT• Share capltal of l ordlnaryshare of £1. HCW Ficllltles M•naqement Lid prepares Its accounts each year to 31 Mah for flll wlth the Re815trar of Companles. Its company re8lstratlon number Is 07181799. 21
HOPE CHURCH WINCHESTER (Company lirnited by guarantee and not han0 share Capltall NOTES TO THE Accoumfs FOR THE YEAR ENDED 31 MARCH 2025 9 NETINCOME FROM TRADING ACTMTIES OF SUBSIDIARY{fontlnuedl The results fortheyezr ended 31 March 2025 are wmmarised asfollows.. 2025 2024 Turnover 99,907 69.574 Administration expenses 177,5031 161.1391 Net profft 22,404 8.43S Amounts 8lfted to Hope thurch Winthester 122,4041 1&4351 Retained in subsidiary The net assets of the companyat 31 March 2025 were £l12024- EII. 10 TANGIBiE FIXED ASSErs Freehgld Furnitsre Property Equlpm•nt and ffttings Group and Charlty Total COST At beonnlng of year Additions Disposals Impaimientof flxed assets At end of year 4.557.568 41,638 4,984 13,0121 $77,294 55,882 132,3291 5,176,S(#J 60,866 135.3411 11.057.568) 4.144A57 11,057,5681 3,51JO,000 43ffj10 600.847 DEPRECIATION At be8innin6 of year Charge for the year Disposals At end ofyear 2L919 11,25S 12,7681 30.406 551839 19,424 131.2081 541.055 574.758 30,679 133.9761 571A61 NET BOOK VAWE At end of year At beginning of year 3.500,000 13.204 59.792 3.sn.996 4,60L742 4.557568 19,719 24455 The carryingvalue ofthÈ Middle Brk Centre was rl$ed downwards by the trustees In line with an existing use valuauon byC8RE In January 2025. 22
HOPE CHURCH WINCHESTER (Company limited by guafantee and not hawn8 share capital) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 11 INVESTMENTS T¢)tsl COST At l Aprll 2024 and 31 Marth 2025 Hope Church Winchester holds 100% of the share capltsl of HCW Facllltles MaDa8ement Ltd, a company incorporated In England and Wales. The principal adiwty of HCW Facilities man8Ment Ltd is thè hirfng of rooms in the charftable companvs prernise5 at the Middle 8rook Centre. 12 DEBTORS Group 2025 Charlty zozs 2024 Trade debtor5 Income tax recoverable 3.825 10,429 3,825 10,429 9.003 38,802 10.747 4,921 11.129 5576 10,747 4,921 9,66S Prepayments Other debtors 42,598 20,032 Hiring debtors Amounts due from HCW Facilities Mana8ement Ltd 60,745 iU804 23,320 48.653 85087 13 CREOtroRS: amounts f•llln8 due wSthln oneyear Group 2025 Chartty 25 2024 2024 Trade creditor5 17,849 12.031 S,872 14.334 17,849 10.860 5,872 10,464 1.658 17.994 Accruals and deferred income Othercredltors 275 1.658 Zi.864 275 30.155 2&984 23
OPE CHURCH WINCHESTER (Company limited byguarantee and not habi1 share capltall NOTESTO THEACCOUNTS FOR ThE VEAA ENDED JI MAROI 2025 14 RESTRICTED FUNDS Fundi fwd IJKome Expendlture Tr•nsfers Specllled fvnd Mernorial fvnd Ben O'Brlen Hopestreet Café Make Lunch aub Grant Food for Festivals Christians A4ainst Po¥orty Acfs 435 974 19741 2145 3.780 11.3871 13,7801 1,458 3.107 13,1071 12001 06 L458 Spedfied tstnilund The speclfled Imni lund w•s embllshed to rec•l¥e Wfts $tal for drItable purpDses outslde ol Hope Church Wlnchtster. Mernorfll fvnd for O'orlen Hope StreetC•fé The fund was set up foJlowln8 the death ol 8en 0.61Tr who was a homdess ptrsoA Tho used the Café on a regular bosbs. The In¢ome arose from donatlons r¢el¥eil •t hSs funeral and dedlcated the monles ra15ed to the funnln8 of Hope stre Café. Mak• iunth aub Grn Hope Church WSncherter reCeId • y•nt from Wlnchester Clty CouncH's Cost of Grant 2022n3 fol Its MJke Lunch Club to bt applltd towards ihe costs of feedlrw and 5UPPOrtlno famllles throu8h the cost ot lfvlni cr151& In th• current year £3.280 was recew H•rnpshke County CwDdl toiether wlth Indl44du•l specffied donatlon of £5( In respect of thls fund. Food for f•stl¥•l A donjtlon was recelve41 ft>r food •t the fe5tW ¥Mth any yJrplLU to be used otherfertfv•l costs. Chrlstl•ns {n$t Po¥erty DoTratlons are ralsed towafds the cost of runnlw cly15tt4ns1Tr5t Po¥•rty. ACTS 43$ Requests ire made to the Chartty for fvnds In respert ol requests from peopl* In h•rOshlp. 24
HOPE CHUIICH WINCHESTER (Company limited by guarantee and hIn& share witsll IIOTES TO THEACC(KINTS FOR THE YE1 ENDED JI MARCH 2025 15 UNRESTRICTED FUND5 Funds Funds clfi¥d Maintenance fvnd C•pltal fund Total deslgnattd funds 116,148 4.f4)1,742 4.717,89) 121.0451 I1.8.247) 11.109.292) 15,(4)0 59.501 74.501 110.103 3,572,996 3,683,099 General lunds 239.227 4J57.117 960,41XI 1825.2681 960JOD IIJ34.5601 174.SOII 299,858 3.982.957 m•Intee fvnd Annual amounts of £15,O¢XI are tr•nslerred In io the m•lnten•rKe lund from the g•neral fund to wovlde reser¥os for malor malnten3rKe work that May be requlred at the PAHldle 8rk Centre. C•plt•l fvnd Thls lund matthes tht net book lt ofthe tavrflb assets held by the thjrth. 16 ANALYSIS OF NET A55ET5 BMVEEN FU140S 2015 As tst31 Morch 2025 T•ft8lble fixed assets DebtOfS Bank and ¢•sh Credlt¢)rn 3.572,996 85,887 354,229 130,1551 3.98l957 3,572,996 85,887 35S.687 130,155 3,984N15 1.458 L45• Unr•thrt•d R•strlrt•d 24 As t>t31 Morth 2024 Tangible fixed assots Debtors 8aftk and ¢05h Credltors 4.601.742 32,373 4,601,742 32.373 344,866 121,864 4.957.117 1218641 457.117 25
HOPE CHURCH WINCHESTER (Cornpany lirnited by guarantee and not having share capital} NOTES TOTHE ACCOUNTS FOR THE YEAR ENDeD 31 MARCH 2015 17 SHARÉ CAPITAL The charltable company Is Incorporated under the C4)mpanles Act and Is lImed by guarantee. each member havln8 undertaken to contribute Such amounts not exceeding one pound a5 might be required in the event of the company bein8 wound up whilst he or she Is stul a membef or ¥Athln one year thereafter. J8 PARENT CHARITABLE COMPANY Below are summarlsed ults for Hope Churth WSnthester. exdudlry the subsbdiary compary. 2025 2024 INCOME Donatlons and le8acles Charliable actlvltles Investment Income 871.608 14.689 10.246 760 (8,242 17,455 7.873 404 Other income TOTAL INCOME 713,974 EXPENDITURE Charftable a¢¥111•S 812.437 670.287 TOTAL EXPENOITURE 812A37 670.287 NETIDEFiani INCOME FOR THE YEAR 43,687 19 RELATED PARTY TIIA14SACmS S Chlck, trustee who reslgned duflnl ihe year. whlbi In offlce. was paid £9.81212024-. £55.2811 for hls role as lead pasior and recelved penslon ¢on¢rlbullOr of E58912024: E3,3171. These payments are permltted by clause 5.3 of the Memorandum of A5SOtlatlon. Two relatlve5 of trustees whlst In office were pald £16.027 12024: £23.520 to two relatl¥esl as employees of the charitable company. One trustee, whilst In offlce, reived rwmbursement of expense5 durlng the year In respect of tra1. caterlng and subsistence amountin8 to £16012024.. É6LKII. Durln8 the year. the charitable Comparty re¢ei¥ed donaiSons from HCW Faolities Mana8emeni Ltd. a wholly owned subsldlary, of £22.40412024: £8.3451 and rethar8ed expenses totslllnB E75.02112024'. £59,369). At the year end, the tharltable ¢ompar)y was owed £60,745 by HCW Fadlltle5 Mana8ement Ltd12024: £23.2301. The charlty made donation5 to Winthester Pregnancy Crisis Centre £2.4 {2024: .4001. H Stelnbrecher was a trustee in both charities howertf he res18rd from Wlnthester Pre8nancy Crisis cefit durin8 the year. 26
KIPE CHURCH WINCHEsfER (Company limited by 8uafaDtee and not havin8 Sha capltal) NOTESTO THE Accouiifs FOR ThE YEAR EIIDED 31 MARCH 2025 20 RESTRicfED FUNDS- PRIOR YEAR Funds Wh¥d Funds fvld EXpendIre Transfe Specified 8lvln8 fvnd Make Lunch aub Grant Chrlstians A8ainst Poverty Acfs 435 8,739 18,7391 (10.3501 15.5531 15001 12S.1421 L7CA) 5.553 23.442 21 UNRESTrICTED FUIIDS - PRIOR YEAR Funds blfvrf Eyffidltsre Transl•rs Fundi Malntenance fund Capltal fund Totsl desl8nated funds IOL148 4,610,414 4,71L562 116.148 4.601,742 4,717,890 123,6111 123,6111 14,939 29.939 GenerJl funds 200.168 4.911,730 760,106 760,106 1691,1081 714.7191 129,9391 239,227 4.957.117 27