ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021
HOPE HOUSE CHURCH BARNSLEY
(A Company Limited by Guarantee)
CHARITY REGISTRATION NUMBER 1131876 COMPANY REGISTRATION NUMBER 06911794
Independent Examiners Ltd
2 Broadbridge Business Centre Delling Lane Bosham PO18 8NF
1
HOPE HOUSE CHURCH, BARNSLEY (A COMPANY LIMITED BY GUARANTEE)
CONTENTS
| Page 3 | Legal and Administrative Information |
|---|---|
| Page 4 | Independent Examiner's Report |
| Page 5 to 7 | Directors' Annual Report |
| Page 8 | Statement of Financial Activities |
| Page 9 | Balance Sheet |
| Pages 10 to 17 | Notes to the Financial Statements |
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HOPE HOUSE CHURCH, BARNSLEY (A COMPANY LIMITED BY GUARANTEE)
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER 1131876 COMPANY REGISTRATION NUMBER 6911794 DATE OF INCORPORATION 20th May 2009 START OF FINANCIAL YEAR 1st April 2020 END OF FINANCIAL YEAR 31st March 2021 DIRECTORS AT 31ST MARCH 2021 Mr P.J Bedford Mr N.A Huddleston Mr P. Dunning Mrs J. Huddleston Mr T.P Dunning Mr R.P Bedford Mr R.C. Tucker GOVERNING DOCUMENT Memorandum & Articles of Association Incorporated on 20th May 2009
OBJECTS
A) To advance the Christian faith in accordance with the statements in such ways and in such parts of the United Kingdom or the World as the Directors from time to time may think fit. B) To relieve the sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind including through the provision of counselling and support in such part of the United Kingdom and the World as the Directors from time to time may think fit. C) To advance education in such ways in such part of the United Kingdom and the World as from time to time the Directors my think fit. D) To advance environmental protection or improvements in such ways in such parts of the United Kingdom and the World as the Directors from time to time may think fit.
REGISTERED ADDRESS
Hope House 2 Blucher Street Barnsley South Yorkshire S70 1AP
BANKERS Cooperative Bank PO Box 250 Skelmersdale West Lancashire WN86WT
INDEPENDENT EXAMINERS
Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham PO18 8NF
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INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS
Report to the trustees/ members of Hope House Church, Barnsley on the accounts for the year ended 31st March 2021 set out on pages 8 to 17.
Respective responsibilities of trustees and examiner
The Charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees are satisfied that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the charity is not subject to audit, and is eligible for independent examination, it is my responsibility to:-
a) examine the accounts under section 145 of the Act;
b) to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Act; and;
c) to state whether particular matters have come to my attention.
Basis of independent examiner's statement
I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements , and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.
The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtain written assurances from the trustees of all material matters.
Independent examiner's statement
In the course of my examination, no matter has come to my attention: 1. which gives me reasonable cause to believe that in, any material respect, the trustees requirements:
· to keep accounting records in accordance with section 386 of the Companies Act 2006; and
· to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of recommended Practice: Accounting and Reporting by Charities.
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Keith Richards
Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham PO18 8NF
Type text here
Date: 28th December 2021
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HOPE HOUSE CHURCH, BARNSLEY (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31ST MARCH 2021
The Pandemic and associated restrictions of 2020-2021 have had a significant impact on Hope House Church. Many of our activities had to be postponed or substantially altered allowing us to continue to serve our prime objectives.
Following the declaration of COVID-19 as a global pandemic and in line with the UK government lockdown guidelines HHC’s primary response was a focus on care for our community and the shift of our content to an online delivery as physical meetings were paused throughout much of 2021. Operationally HHC decided to enhance the online activities we carried out with an appropriate return to in person activities in line with the guidelines and recommendations for churches and community groups.
Work has been carried out to ensure our premises and our policies in regard to their use are COVID-19 secure. HHC continued to allow home-working for our staff members where possible during the phased returns. We utilised the UK Government's Job Retention Scheme and furloughed a proportion of staff members where appropriate, and also received funds from BMBC to support our financial resilience. HHC did not have a need to use its reserves.
Strategically it was decided that a ‘hybrid model’ of activities for the charity was the most flexible response to the uncertain changes to covid guidelines. Consequently our online provision continued, thus meeting our objectives with a return to a variety of in person gatherings in COVID-19 secure premises once appropriate.
The prime objective of Hope House Church (HHC) is to advance the Christian faith and the company has continued to fulfil this objective during this pandemic period. We continued to offer regular meetings for public worship, fellowship, and teaching, both in person and online, in accordance with guidelines. In order to offer these services to the widest possible group of participants our activities continued at both of our locations in the town center. These buildings provided us with an increased ease of accessibility which therefore increased our inclusivity, and our capacity to offer wider and more consistent opportunities for people to connect to our services and activities.
Meeting in the second location continued to enable us to promote a closer relationship with like-minded organisations, with whom we seek to work in partnership and support. These primary services are in addition to those being held in our original building throughout the week.
Our original building is now also partly used by a local Latvian speaking church who we are actively partnering with and supporting as an extension of our own activities and objectives. Sunday morning services are the principal expression of our worship, and we also have small home groups to provide additional encouragement and pastoral care. Regular prayer meetings are held to encourage the life and work of the church along with regular meetings of an appointed leadership team responsible for the efficient and effective day to day management of the activities of HHC. To assist the leadership and to ensure our future continuity an additional Development and Strategy Team meets and continues to act as a training opportunity to ensure the good future management and development of capable leaders.
In a broader context HHC seeks to promote the Christian faith as a relevant and appropriate lifestyle. In order to facilitate this we seek to provide and maintain our buildings to be used for religious practice and education. The buildings and adjoining facilities are, in addition, used for related activities to the primary object: the conducting of religious services and acts of worship, dedication of children, the celebration of marriages and funerals and the religious instruction of children, young people and adults. The services and activities held within are open to all members of the public who may wish to avail themselves of the opportunities, in order that the spiritual wellbeing of those individuals might be promoted and cared for. In addition, the building is used for conferences and training in support of our activities and objectives or for those in sympathy with those objectives and values held by HHC and those associated with it.
Throughout the year HHC acted as a centre for the operation of a Trussell Trust Food Bank, increasing our activity from one to two days a week, due to the increased need for the service. A number of volunteers are fully engaged with the foodbank, and this has facilitated a greater level of involvement with the local community. Additionally, members of the church are actively developing other activities that will support and further our aims.
During the year the HHC Café continued to thrive and offer a place of friendship and connection for many people accessing its services when appropriate under covid guidelines. The café is in the process of reopening in a staged return to pre-Covid working hours. The cafe continues to provide employment to two part time staff members. Additionally, the cafe also hosts volunteers included some provided through the local social services department. Further development of the cafe is under consideration for the future.
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HOPE HOUSE CHURCH, BARNSLEY (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
Collaborations, Partnerships and activities promoting a wider public benefit
Barnsley Safe Places
Hope House Church opened its original building as a registered Safe Place throughout the pandemic period. This allowed us to offer care and support for any member of the community suffering with mental health issue and isolation and for those experiencing domestic violence. All activities were in accordance with covid guidelines and in partnership with the local authority.
Hope Connects Project
Hope Connects is a project that supports families with young children and aims to reduce isolation in adults. The project is run by HHC and funded by Barnsley Central Council from whom it receives £3,500 each quarter. This money is used to employ two part-time staff members and to facilitate the activities and groups which they run to support these families. The designated fund for the Hope Connects project are still restricted and kept separate from the current account so as to ensure the projects that have been financially committed to can be funded. During the year, when meeting in person was not allowed, the workers reached out online to many needy families.
Hope Connects has supported over 30 families transitioning out of the pandemic. The vast majority of whom are new to us as a project. The Cheeky Monkeys toddler group and little Chimps baby group have created a safe space for adults to reconnect with others, working through anxieties around socialising and the transmission of covid. The groups have also helped babies and young children deal with separation anxiety after extended periods of time being at home with their parents and, learn or relearn vital communication and social skills that have been impacted by the lockdowns.
Latvian Community Church
The Latvian group that had been occasional users of our building are now an established and registered church group that are serving their own community and meet, when allowed, throughout the week.
Barnsley Table Tennis Club
By offering services to a wide variety of members and offering public sessions the club has entered into a partnership with HHC, hosting their activities in redeveloped rooms. These club helps create a sense of inclusion and wellbeing and is in harmony with HHC values and objectives.
Adopt a Child & Global Care
Adopt a Child and Global Care are programmes working to feed, educate and provide medical care for children throughout the majority world. People actively support children through friendship and finance. Previously visits to Guatemala, Albania and Uganda have been made by church members, supporters, and friends. These visits enrich the life of the individuals involved and develop a great sense of an individual responsibility regarding the global issues of equality and care while promoting the Christian faith. Members of HHC are now active volunteer members of Global Care.
Trussell Trust Foodbank
HHC operates as a centre for the distribution of food and the signposting of services through the local foodbank system. Members of HHC volunteer at all levels of the foodbank partnership from delivery of food and support of individuals, through to the management team of the local partnerships. As mentioned earlier, we increased our Foodbank activities during lockdown to two days from one and also increased the number of clients we agreed to see.
Barnsley Homeless Alliance (Safer Communities Directorate BMBC)
The church is an active member of this partnership which is an initiative that works towards the ending of homelessness and the provision of safer communities and activities within the town.
Barnsley Central Ward Alliance
The HHC senior minister is a member of the local town council ward alliance. This body meets monthly to discuss the support and development of the local community and to consider applications for grant funding. The primary aim is to allow the local community to be represented directly to the local ward councillors and to work in partnership with them to enhance the life and wellbeing of the locality.
Barnsley Central Multi-agency Action Group
HHC has become an active member of the multi-agency group that manages the wellbeing and security of the town centre’s area. The group is made up of both statutory and voluntary groups who network together in orders to manage the wellbeing of the town
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HOPE HOUSE CHURCH, BARNSLEY (A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE DIRECTORS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
Wider Community Involvement and extended objectives
HHC is involved in acts of community service encouraging the improvement of the environment and promotion of social inclusion. Church members have also supported other community activities hosted by like-minded and complimentary organisations (Crisis, Barnsley Wind Band and others)
Involvement with the Local Authority at various levels has allowed a greater connection with Barnsley’s civic leaders and enhanced the delivery of the community activities. Additionally, involvement with the Homelessness Alliance has helped to create connections with other voluntary and statutory groups within the district. To ensure clear safeguarding and a greater awareness and a care HHC have accessed the safeguarding training offered by the Local authority. This has allowed a greater level of networking and improved care.
Finances
Finances to continue our work have been raised by the free will giving of the congregation, with a significant number of people contributing on a regular basis by means of the Gift Aid system. Consequently, the church can continue to spread the good news of the Gospel and bring hope to the streets of our town. Amendments that were made to our giving funds to allow people to give additional amounts, to allow greater development of future activity, have continued and this is allowing us to continue to operate securely as the work of HHC expands
HHC objects, activities and partnerships are promoting the Christian faith and encouraging a greater sense of citizenship and responsibility. Congregation members are able to develop their individual abilities, to function in their faith productively in the context of a wider society, and thereby enhance the church's public benefit through their ongoing life's contribution and service to the local and global community where the church is actively involved. Our finance team has been helpful in this period allowing for greater accountability and the effective training and preparation of new personnel serving the aims and objectives of the church.
Covid 19 Impacts
User groups that HHC host have started to return to us in person and others are intending to when practical and appropriate.
HHC leadership remains confident that the strategic development of the organisation have been well maintained and the ability to continue meeting our objectives is secure.
The future aims of the charity remain unchanged despite the current world turmoil, and despite the impact of Covid-19 the charity expects to generate income and have reserves that enables it to operate for at least a period of twelve months.
Statement of Directors' Responsibilities
The Charities Act and the Companies Act require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-
a) select suitable accounting policies and then apply them consistently; b) make judgements and estimates that are reasonable and prudent; c) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business;
d) state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements.
The Directors are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Directors are also responsible for the contents of the Directors' report, and the responsibility of the independent examiner in relation to the Directors' report is limited to examining the report and ensuring that on the face of the report there are no inconsistencies with the figures disclosed in the financial statements.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
I approve the attached statement of financial activities and balance sheet for the year ended 31st March 2021 and confirm that I have made available all information necessary for its preparation.
29th December
Approved by the Directors on the ………………………………………………… 2021 ………………………………………………………………………………………
Signed on their behalf by Director ……………………………………………………………………………………………………………………………………………………
Printed Name: Mr N.A Huddleston
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HOPE HOUSE CHURCH, BARNSLEY (A COMPANY LIMITED BY GUARANTEE)
STATEMENTS OF FINANCIAL ACTIVITY FOR THE YEAR ENDED 31ST MARCH 2021
(Incorporating Income & Expenditure Account)
| Notes INCOMING RESOURCES Incoming Resources from Generated Funds Donations & Legacies 3a Activities for Generating Funds 3b Investment Income 3c Other Incoming Resources 3d TOTAL INCOMING RESOURCES RESOURCES EXPENDED Cost of Generated Funds Costs of Charitable Activities 4a Governance Costs 4b TOTAL RESOURCES USED NET INCOMING/(OUTGOING) RESOURCES Total Funds Brought Forward |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2020/21 2019/20 £ £ £ £ 90,054 44,334 134,388 120,990 9,568 - 9,568 34,514 7 8 15 79 17,020 - 17,020 3,276 |
|---|---|
| 116,649 44,342 160,991 158,859 |
|
| 113,437 9,696 123,133 129,866 3,241 13,433 16,674 18,110 |
|
| 116,678 23,129 139,807 147,976 |
|
| (29) 21,213 21,184 15,883 286,347 102,257 388,604 372,721 |
|
| Transfer Between Funds 5 |
1,873 (1,873) - - |
| TOTAL FUNDS CARRIED FORWARD | |
| 288,191 121,597 409,788 388,604 |
Movements on all reserves and all recognised gains and losses are shown above. All the charity's operations are classed as continuing.
The notes on pages 10 to 17 form part of these financial statements.
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HOPE HOUSE CHURCH, BARNSLEY (A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET AS AT 31ST MARCH 2021
| Note Fixed Assets Tangible Assets 2 Current Assets Debtors & Prepayments 7 Cash at Bank and in Hand 6 Total Current Assets Creditors:Amount due within one year 8 NET CURRENT ASSETS Creditors: Amountsdue in more than one year 9 TOTAL ASSETSless liabilities NET ASSETS Funds of the Charity General Funds Restricted Funds 5 |
Unrestricted Restricted Total Total Funds Funds 31-Mar-21 31-Mar-20 £ £ £ £ 270,000 425,000 695,000 695,000 9,735 2,074 11,809 16,157 11,927 33,024 44,951 30,822 |
|---|---|
| 21,662 35,098 56,760 46,979 |
|
| 3,471 245 3,716 5,476 18,191 34,853 53,044 41,503 |
|
| - 338,256 338,256 347,899 288,191 121,597 409,788 388,604 |
|
| 288,191 121,597 409,788 388,604 |
|
| 288,191 - 288,191 285,037 - 121,597 121,597 103,567 |
|
| 288,191 121,597 409,788 388,604 |
Directors' Responsibilities:
The Directors are satisfied that for the year ended on 31st March 2021 the charitable company was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no member or members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. However, in accordance with section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner whose report appears on page 4.
The Directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The Directors acknowledge their responsibility for ensuring that the company keeps proper accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and if its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to accounts, so far as applicable to the company.
29th December
Approved by the Directors on the ………………………………………………… 2021 ………………………………………………………………………………………
Signed on their behalf by Director ……………………………………………………………………………………………………………………………………………………
Printed Name: Mr N.A Huddleston
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HOPE HOUSE CHURCH, BARNSLEY
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
1. ACCOUNTING POLICIES
Basis of Preparation & Assessment of Going Concern
Basis of Preparation
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
Assessment of Going Concern
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.
The company has taken advantage of the exemption in Financial Reporting Standard No 1 from the requirement to produce a cash flow statement.
Incoming Resources
Recognition of Incoming Resources
These are included in the Statement of Financial Activities (SOFA) when:
▪ the charity becomes entitled to the resources;
▪ the trustees are virtually certain they will receive the resources; and
▪ the monetary value can be measured with sufficient reliability
Incoming Resources with Related Expenditure
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
Grants and Donations
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Tax Reclaims on Donations and Gifts
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.
Contractual Income and Performance Related Grants
This is only included in the SOFA once the related goods or services has been delivered.
Gifts in Kind
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
Donated Services and Facilities
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer Help
The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report.
Investment Income
This is included in the accounts when receivable.
Investment Gains and Losses
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
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HOPE HOUSE CHURCH, BARNSLEY
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
1. ACCOUNTING POLICIES (Continued)
Expenditure and Liabilities
Liability Recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
Governance Costs
Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with Performance Conditions
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
Grants Payable without Performance Conditions
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
Pensions
The charity operates a defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.
Taxation
The charity is exempt from taxation on its charitable activities.
Legal Status of the Charity
The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
Fixed Assets
Tangible fixed assets for use by the charity, these are capitalised if they can be used for more than one year, and cost over £1,000. They are valued at cost or, if gifted, at the value to the charity on receipt.
Investments
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.
Depreciation Expense
Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a Reducing Balance over their estimated useful lives. The rates applied per annum are as follows: General Equipment 25%
No depreciation is charged to freehold Land & Buildings as the property is maintained to such a standard that the estimated residual value is not less than the original cost.
2. TANGIBLE FIXED ASSETS
| Land & | Buildings | ||||
|---|---|---|---|---|---|
| Blucher | Wellington | General | Total | ||
| Street | Street | Equipment | 2020/21 | ||
| £ | £ | £ | £ | ||
| Cost | 01-Apr-20 | 270,000 | 425,000 | 695,000 | |
| Additions | - | - | - | - | |
| Cost at | 31-Mar-21 | 270,000 | 425,000 | - | 695,000 |
| Depreciation | 01-Apr-20 | - | - | - | |
| Charge | - | - | - | ||
| Depreciation at | 31-Mar-21 | - | - | - | - |
| Net Book Value | 31-Mar-21 | 270,000 | 425,000 | - | 695,000 |
| Net Book Value | 31-Mar-20 | 270,000 | 425,000 | - | 695,000 |
The annual commitments under non-cancelling operating leases, capital commitments, contingent liabilities are as follows: 31st March 2021: See note 9 of the Reports & Financial Statements 31st March 2020 : See note 9 of the Reports & Financial Statements
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HOPE HOUSE CHURCH, BARNSLEY (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
3. INCOMING RESOURCES
| Note a) Donations & Legacies Gifts & Donations Gift Aid Tax Recoverable Core Funding b) Activities for Generating Funds Lettings Income Café Income c) Investment Income Bank Interest d) Other Incoming Resources National Insurance Allowance Sundry Income |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2020/21 2019/20 £ £ £ £ 70,914 23,174 94,088 89,498 14,726 4,285 19,011 19,954 4,414 16,875 21,289 11,538 |
|---|---|
| 90,054 44,334 134,388 120,990 |
|
| 8,000 - 8,000 13,413 1,568 - 1,568 21,101 |
|
| 9,568 - 9,568 34,514 |
|
| 7 8 15 79 |
|
| 7 8 15 79 |
|
| 3,268 - 3,268 3,000 13,752 - 13,752 276 |
|
| 17,020 - 17,020 3,276 |
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HOPE HOUSE CHURCH, BARNSLEY
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
4. RESOURCES EXPENDED
| 4. RESOURCES EXPENDED | |
|---|---|
| Note a) Cost of Charitable Activities p Café Expenses Equipment Costs |
Unrestricted Restricted TOTAL TOTAL Funds Funds 2020/21 2019/20 £ £ £ £ - - 5,292 4,390 4,390 3,422 |
| Gifts to Individuals | 8,022 678 8,700 3,629 |
| Gifts to Organisations Insurance Costs Material Costs Outreach Printing, Postage & Stationery Refreshments Costs Rent & Rates Repairs & Maintenance Staff Costs 10 Sundry Expenses Telephone Costs Training Costs Travel & Subsistence Utility Costs b) Governance Costs Bank & Interest Charges Independent Examiners Fees Legal & Professional Fees |
2,200 2,200 3,870 8,357 8,357 7,895 1,108 1,403 2,511 2,520 755 755 5,417 1,129 104 1,233 1,235 - 139 139 2,065 - - - 14,575 200 14,775 6,297 61,922 7,140 69,062 69,463 249 249 - 922 922 1,262 240 32 272 2,854 - - 808 9,568 9,568 13,837 113,437 9,696 123,133 129,866 126 12,557 12,683 15,125 1,200 1,200 1,230 1,915 876 2,791 1,755 3,241 13,433 16,674 18,110 |
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HOPE HOUSE CHURCH, BARNSLEY (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
5. RESTRICTED FUNDS
| Adopt a Child Central Ward Food Bank Cheeky Fund Food Bank Future Fund Hope Connects (Year 1) Hope Connects (Year 2) Insurance Claim LGF Room Fund Run My Run SS & C Fund Adopt a Child Central Ward Food Bank Cheeky Fund Food Bank Future Fund Hope Connects (Year 1) Insurance Claim LGF Room Fund Run My Run SS & C Fund |
01-Apr-20 Income Expenditure Transfers 31-Mar-21 - - - - 500 303 197 548 63 611 - 95 95 93,245 27,309 13,849 571 107,276 1,972 2,375 2,354 (884) 1,109 14,000 6,623 (1,560) 5,817 5,000 5,000 882 882 217 217 394 394 |
|---|---|
| 102,258 44,342 23,129 (1,873) 121,598 |
|
| 01-Apr-19 Income Expenditure Transfers 31-Mar-20 - 861 861 - - - - - - 20 758 230 - 548 75 - 75 - - 83,064 25,279 15,099 - 93,245 - 11,538 8,256 (1,310) 1,972 - 5,000 5,000 882 - - 882 390 - 173 - 217 650 - 256 - 394 |
|
| 85,081 43,436 24,949 (1,310) 102,258 |
The restricted fund are wholly represented by the Charity's cash reserves and are to be expended as specified above.
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HOPE HOUSE CHURCH, BARNSLEY (A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
6. CASH AT BANK AND IN HAND
| Cash at Bank and in Hand 7. DEBTORS AND PREPAYMENTS Gift Aid Tax Recoverable Prepayments Sundry Debtors 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Independent Examiner's Fee PAYE & NI NHI Payments Sundry Creditors |
31-Mar-21 £ 44,951 44,951 31-Mar-21 £ 7,167 - 4,642 11,809 31-Mar-21 £ 1,200 679 402 1,435 3,716 |
31-Mar-20 £ 30,822 |
|---|---|---|
| 30,822 | ||
| 31-Mar-20 £ 7,580 3,935 4,642 |
||
| 16,157 | ||
| 31-Mar-20 £ 1,230 663 463 3,120 |
||
| 5,476 |
9. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR
| Kingdom Bank Mortgage | 31-Mar-21 £ 338,256 338,256 |
31-Mar-20 £ 347,899 |
|---|---|---|
| 347,899 |
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HOPE HOUSE CHURCH, BARNSLEY
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
10. STAFF COSTS AND NUMBERS
| Gross Wages and Salaries Employer's National Insurance Costs Pension Contributions Employees who were engaged in each of the following activities: Activities in furtherance of organisation's objects |
2020/21 £ 63,655 3,665 1,742 69,062 2020/21 TOTAL 3 |
2019/20 £ 63,694 3,929 1,840 |
|---|---|---|
| 69,463 | ||
| 2019/20 TOTAL 3 |
||
| 3 | 3 |
The Charity operates a PAYE scheme to pay all employed members of staff and no employees received emoluments of over £60,000. (2019/20: None)
The Charity received a total grant for furlough of £11,171 over the period.
11. RECONCILIATION OF MOVEMENT ON CAPITAL AND RESERVES
The Company is Limited by Guarantee (6911794) and is a Charity registered with the Charity Commission (1131876) and does not have a Share capital and has no income subject to Corporation Tax.
| Note Profit / Deficit for the financial year Other Recognised Gains Balance Brought Forward Closing Funds |
2020/21 £ 21,184 - 21,184 388,604 409,788 |
2019/20 £ 15,883 - |
|---|---|---|
| 15,883 | ||
| 372,721 | ||
| 388,604 |
12. PAYMENTS TO DIRECTORS AND RELATED PARTIES
During the financial period Director Mr P.J Bedford received £35,181 (2019/20: £35,300) in salary related payments in his capacity as Senior Minister in furthering the Charity's objects.
During the financial period Director Mrs J. Huddleston received £10,561 (2019/20: £12,253) in salary related payments in his capacity as Cafe Manager in furthering the Charity's objects.
13. RISK ASSESSMENT
The Directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
14. RESERVES POLICY
The Directors have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The directors will endeavour not to set aside funds unnecessarily.
15. PUBLIC BENEFIT
The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Directors' report. The Directors confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
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HOPE HOUSE CHURCH, BARNSLEY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021
16. ACQUISITION OF LAND & BUILDING
During the year ended 31st March 2017, Hope House Church, Barnsley acquired Land & Building at 27 Wellington Street, Barnsley, S70 1SW at a cost of £425,000. The Charity made a capital contribution of £57,000 and remaining £368,000 was provided by a mortgage from the Kingdom Bank Limited secured on the Land & Buildings. The Kingdom Bank Limited have provided the mortgage of £368,000 over a 25 year fixed term period at a annual interest rate of 4.25% with monthly repayments of £1,823. The mortgage commenced on the 30th March 2017, with maturity on the 30th March 2042.
Debt Maturity Analysis
| 1 year | 21,876 |
|---|---|
| 2-5 years | 87,504 |
| 5+ years | 228,876 |
| Total Outstanding | 338,256 |
17