## **HOOK EVANGELICAL CHURCH FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2022**
**Registered charity number: 1132505**
Skingle Helps & Co Chartered Accountants 28 Southway Carshalton Beeches Surrey SM5 4HW
## **HOOK EVANGELICAL CHURCH**
## **INDEX**
## **YEAR ENDED 31 MARCH 2022**
||Page|
|---|---|
|Charity information|1|
|Report of the trustees|2 - 4|
|Report of the independent examiner|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the financial statements|8 – 13|
1
## **HOOK EVANGELICAL CHURCH**
## **CHARITY INFORMATION**
## **YEAR ENDED 31 MARCH 2022**
Constituted by a Trust Deed dated 24 October 1908
|Registered charity number: 1132505||
|---|---|
|Objects:|The church was established with the aim of promoting the evangelical|
||protestant religion and this is continued through public worship of the Lord’s|
||Day and other meetings during the week, including meetings for children and|
||young people.|
|Trustees of property:|The Fellowship of Independent Evangelical Churches Limited|
|Pastors:|Paul Pease|
||Tim Neale|
|Trustees:|Paul Pease (Pastor)|
||Raymond James (Elder)|
||Stephen Wigginton (Elder)|
||Richard Brown (Elder)|
||David Cogdell (Elder) (until June 2021)|
|Deacons:|Alan Rigby (Deacon)|
||Robert Stoneham (Deacon)|
||David Batten (Deacon)|
|Treasurer/Secretary:|Stephen Wigginton|
|Accountants:|Skingle Helps & Co|
||28 Southway|
||Carshalton Beeches|
||Surrey|
||SM5 4HW|
|Bankers:|Barclays Bank PLC|
||Surbiton Branch|
2
## **HOOK EVANGELICAL CHURCH**
## **Registered charity number: 1132505**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31 MARCH 2022**
## **Constitution and objectives**
Hook Evangelical Church (Hook Church) is constituted by a trust deed dated 24 October 1908 with the object of promoting religion on evangelical Protestant lines. From 6 November 2009, it is a registered charity with charity registration number 1132505.
The church was established with the following charitable objects:
- Advancement of the Christian faith in accordance with the basis of faith primarily but not exclusively within Hook / Tolworth and the surrounding neighbourhood and
- Such other charitable purposes as shall, in the opinion of the managing trustees, further the work of the church
These objectives are primarily achieved through the public worship on the Lord’s Day and other meetings during the week, including meetings for children and young people. The church services are held at premises located in Brook Road Surbiton Surrey KT6 5DB.
The trustees have had regard to the Charity Commission guidance and requirements relating to public benefits and are satisfied that the church’s aims and activities properly meet any public benefit requirements.
## **Managing trustees**
Trustees during the year ended 31 March 2022 were:
Paul Pease (Pastor) Raymond James (Elder) Richard Brown (Elder) Stephen Wigginton (Elder, Treasurer, Secretary) David Cogdell (Elder) (until June 2021)
With the exception of the Pastor, the trustees receive no remuneration for their services. Trustees are appointed by the church in a general meeting having satisfied the biblical principles for holding such office.
We continue to exist to spread the Christian Faith locally, nationally and internationally, all our services are videoed and can be watched on YouTube; to help church members with their spiritual or mental or physical difficulties; and to bless the community in which the church building is located.
The church is affiliated to the Fellowship of Independent Evangelical Churches (FIEC) a grouping of over 600 independent evangelical churches throughout the UK. The church contributes to wider gospel work in the UK through the membership of FIEC. The church also encourages interest in and support for other Christian organisations and individuals who seek to advance their Christian faith or undertake charitable works in the UK or overseas.
The church activities are financed almost entirely by the voluntary giving of church members and other regular attendees. The church does not engage in fundraising activities.
## **Organisational structure**
The charity is run by the Trustees (Elders) and Pastors, all voted for by a general church meeting of the members of the church. With the exception of the Pastors, all officers, Elders and Deacons require a 75% supported vote. If elected, trustees stand for a period of three years, followed by re-nomination and election by members. Trustees meet regularly throughout the year. Deacons also meet separately throughout the year with an Elder present and sometimes Pastor.
## **Church Ministries** .
These ministries are grouped into various structures and overseen by Elders and Pastors under the following headings. Discipleship, Global Vision, Evangelism, Youth, Practical Services.
## **Discipleship**
This group of ministries includes Word Ministry and prayer and we also broadcasting every Sunday morning and evening, and also Wednesday evening services. Other ministries in this group include Preacher training group, social media and fellowship groups. The whole church is split into fellowship groups overseen by an Elder for spiritual support and providing practical help where needed. We also run Formation groups whereby members or friends can join together to study a particular gospel book over a number of weeks. This group also has a team that visit elderly folk on a regular basis who cannot get to church or who are in care homes. Other activities include bookstall, music team, prayer meetings, and prayer circles by telephone and social media when urgent or forthcoming prayer is needed/requested, friendship lunches and pastoral care coordinators.
3
## **HOOK EVANGELICAL CHURCH**
## **Registered charity number: 1132505**
## **REPORT OF THE TRUSTEES (continued)**
## **FOR THE YEAR ENDED 31 MARCH 2022**
We are in the process of trying to recruit another member of staff who will work amongst the ladies of our church and local community. Advertising has commenced.
## **Global Vision**
There is a dedicated team that formulates their annual budget and oversees the allocation of that budget. It is used to further the Lord’s work in areas overseas and within the UK. Through this fund we support missionary work in Chad amongst the Dadjo community supporting the development of the Holy Bible into their own language to encourage an understanding of the Christian faith. We also support missionaries in Kosovo and one of our own member’s works among young people in Bolivia. Morning Star, a work among young children, is also supported in South Africa. The church supports Samaritan’s Purse providing many Christmas gift boxes provided by church members. This year some 300 boxes were sent out. Charities within the UK are also supported such as Caring For Life in Leeds.
## **Evangelism**
The church continues to spread the Christian faith to as many folks as possible. A few of our members carry out street evangelism within the Kingston upon Thames town centre.
Other members support work on a visiting basis in a local prison administering sermons, Bible sessions and prayer support.
The church has valuable ministries among our ladies and separate work among our men folk. We have also started a group named Timeless and this is designed to reach out in our community to all folk over the age of 60 years. This includes coffee mornings, seated exercise, craft, board games, talks and once a quarter a lunch. We deliver advertising leaflets in the local community advertising Timeless. All ministries reach out into our local community to welcome all who wish to attend. We also host a weekly use of our church premises by an Anonymous 12step group and a small number have joined our fellowship coming to a faith in Jesus Christ.
We also run Alpha courses online using Zoom or together in church. Support is also given to The Christian Schools Worker Trust (Insight) which works within the local schools for Bible study classes and afterschool meetings.
## **Youth**
The church has a very well used children’s/youth ministry that serves the local community. This ministry starts with mothers/carers group 0-3 years, followed later in the day by Kid’s Zone 3-7 years then our Spectrum 7-11 years ending with our ID group 11-18 years. We also have a varied ministry among all young ages on a Sunday morning. During lockdown extensive use of Zoom and other online activities were used to ensure personal contacts.
There is also a valued music group which invites and encourages teenagers with both instrumental and vocal skills to practise and use those skills. This group, recognised as Sunday School of Rock (SSoR), also presents annual concerts with income support being given entirely to a sponsored charity.
## **Practical Services**
This ministry covers all activities that provide support to the church fellowship enabling all ministries to function such as: Welcoming/stewarding, fabric of buildings, transport services, cleaning, audio and visual communication, Registrar, practical care team who provide extra support where required for doctor/hospital transport and in house care. Church administration using Church Suite software has been developed during lockdown and subsequent reuse of the church, to enable a booking in system to be generated to help with seat allocation when spacing was required by government guidelines.
## **Developments, activities and achievements during the year**
The church has continued to advance and propagate the Christian religion in Surrey in accordance with the trust deed. The workers continued to be effective in the local area throughout the year and to show positive and encouraging progress.
We continue to exist to spread the Christian faith locally, nationally, to help church members with their spiritual or mental or physical activities; and to bless the community in which the church building is located.
## **Risk**
The trustees confirm that they have considered the major risks to which the charity is exposed and that systems have been designed and established to mitigate those risks. These systems are regularly discussed at monthly Elders meetings.
4
## **HOOK EVANGELICAL CHURCH**
## **Registered charity number: 1132505**
## **REPORT OF THE TRUSTEES (continued)**
## **FOR THE YEAR ENDED 31 MARCH 2022**
Following Covid 19 a Hook Action Team was formed, drawn from officials of the church and supported by specialist members to ensure complete safety. This is continuing to be used and regular meetings take place to review this work.
Wherever possible, risk assessment procedures were formulated, to ensure consideration and practises introduced to cover health and care activities. These procedures were extended with specific agreed plans and actions for all ministries that were part of the church.
Safeguarding has always been a major part of church life and we have a substantial safeguarding policy document and team that ensure this document is continually re-assessed and applied. This policy relates to youth and vulnerable folk of all ages and also requires all officials and volunteers who work within these ministries to be given a copy of this policy and related training together with DBS certification.
## **Review of financial activities and affairs**
Trustees/Elders and Deacons are continually kept up to date with the financial position of the charity’s income. Forward planning budgets are also approved by Elders and Deacons before presentation for approval by the church members at an annual general meeting. Statements of accounts are also presented at the AGM for oversight by the attending members.
The charity has one General Fund that supports all minor sub funds.
## **Reserves policy**
The free reserves on the 31 March 2022 were £54,938. The Trustees consider that this level of reserves is adequate to support the charities ongoing activities.
## **Grant making policy**
Grants are approved by the elders/trustees and are usually made from funds collected at Harvest and Christmas services.
## **Statement of trustees’ responsibilities**
Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the church and of its financial activities for that period. In preparing those financial statements the trustees are required to: -
- select suitable accounting policies and apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether the policies adopted are in accordance with the Statement of Recommended Practice “Accounting by Charities” and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to assume that the church will continue.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the church and to enable them to ensure that the financial statements comply with charity law. They are also responsible for safeguarding the assets of the church and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.
Approved by the trustees on 25 January 2023.
S R Wigginton Trustee
5
## **HOOK EVANGELICAL CHURCH**
## **Registered charity number: 1132505**
## **REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES**
## **YEAR ENDED 31 MARCH 2022**
I report to the trustees on my examination of the accounts of Hook Evangelical Church (Charity number 1132505) for the year ended 31 March 2022, which are set out on pages 6 to 13.
## **Respective responsibilities of trustees and examiner**
As the charity’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“The Act”).
I report in respect of my examination of the church’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that, in any material respect:
-
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
John Helps BSc ACA Skingle Helps & Co Chartered Accountants 28 Southway Carshalton Beeches Surrey SM5 4HW
25 January 2023
6
## **HOOK EVANGELICAL CHURCH**
## **Registered charity number: 1132505**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## **FOR THE YEAR ENDED 31 MARCH 2022**
|**_Note_**
**Income**
Incoming resources from generated funds
_Voluntary income_
Offerings and donations (including tax
refunds)
2
_Profit on disposal of fixed assets_
Sale of property
_Investment income_
Property rental income
Interest received
**Total income**
**Expenditure**
Expenditure on charitable activities
3
**Governance costs**
Accountant’s/Independent examiner’s fee
**Total expenditure**
**Net income/(expenditure) before transfers**
**Transfers**
6
**Net income before other recognised gains**
**and losses**
**Gains on revaluation of fixed assets for**
**charity’s own use**
4
**Other gains**
5
**Net income for the year**
**Balances brought forward at 1 April 2021**
**Balances carried forward at 31 March 2022**|**_General_**
**_fund_**
**_Designat-_**
**_ed funds_**
**_Capital_**
**_fund_**
**_Total_**
**_2022_**
**_Total_**
**_2021_**
**_£_**
**_£_**
**_£_**
**_£_**
**_£_**
201,303
51,200
-
252,503
317,033
-
-
-
-
71,282
-
34,030
-
34,030
25,350
74
-
-
74
584|
|---|---|
||201,377
85,230
-
286,607
414,249|
||216,315
123,751
23,627
363,693
463,323
2,400
-
-
2,400
2,400|
||218,715
123,751
23,627
366,093
465,723|
||(17,338)
(38,521)
(23,627)
(79,486)
(51,474)
(15,217)
(344,031)
359,248
-
-|
||(32,555)
(382,552)
335,621
(79,486)
(51,474)
-
-
57,022
57,022
16,400
-
-
35,000
35,000
-|
||(32,555)
(382,552)
427,643
12,536
(35,074)
91,493
804,968
2,300,000
3,196,461
3,231,535|
||58,938
422,416
2,727,643
3,208,997
3,196,461|
7
## **HOOK EVANGELICAL CHURCH**
## **Registered charity number: 1132505**
## **BALANCE SHEET**
## **AS AT 31 MARCH 2022**
|**_Note_**
**FIXED ASSETS**
Tangible fixed assets
4
Investments
5
**CURRENT ASSETS**
Debtors – gift aid refund due
Debtors – prepaid insurance
Cash at bank
**CURRENT LIABILITIES**
Creditors – accruals
Creditors – PAYE
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**FUNDS – UNRESTRICTED**
General fund
Designated funds
Capital fund|**_2022_**
**_£_**
**_£_**
2,077,643
650,000
2,727,643
49,171
1,470
435,476
486,117
2,400
2,363
4,763
481,354
3,208,997
58,938
422,416
2,727,643
3,208,997|**_2022_**
**_£_**
**_£_**
2,077,643
650,000
2,727,643
49,171
1,470
435,476
486,117
2,400
2,363
4,763
481,354
3,208,997
58,938
422,416
2,727,643
3,208,997|**_2021_**
**_£_**
**_£_**
1,685,000
615,000
2,300,000
61,604
-
837,257
898,861
2,400
-
2,400
896,461
3,196,461
91,493
804,968
2,300,000
3,196,461|**_2021_**
**_£_**
**_£_**
1,685,000
615,000
2,300,000
61,604
-
837,257
898,861
2,400
-
2,400
896,461
3,196,461
91,493
804,968
2,300,000
3,196,461|
|---|---|---|---|---|
|||2,727,643
481,354||2,300,000
896,461|
||486,117||898,861||
||2,400
2,363||2,400
-||
||4,763||2,400||
||||||
|||3,208,997||3,196,461|
|||58,938
422,416
2,727,643||91,493
804,968
2,300,000|
|||3,208,997||3,196,461|
The financial statements were approved by the trustees on 25 January 2023 and were signed on their behalf by:
S R Wigginton Trustee
8
# **HOOK EVANGELICAL CHURCH**
**Registered charity number: 1132505**
## **NOTES TO THE FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES**
Hook Evangelical Church is an unincorporated charity registered in England and Wales. The principal office is Hook Evangelical Church, Brook Road, Surbiton, Surrey.
- **a** The accounts have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”, “Accounting and Reporting by Charities” the Statement of Recommended Practice for charities applying FRS 102, the Charities Act 2011, and Generally Accepted Accounting Practice as it applies from 1 January 2016.
The charity is a Public Benefit Entity as defined by FRS102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of fixed assets.
## **b Incoming resources**
Offerings and donations are included as receipts when they are banked. Gift aid tax refunds are recognised as income at the same time as the gift to which they relate. Legacies are accounted for when the charity is notified of the receipt and the amount can be quantified with reasonable accuracy. Rental income is credited when receivable
## **c Resources expended**
Expenditure is accounted for on an accruals basis.
Direct charitable expenditure comprises all expenditure directly related to the objects of the church. Management and administration expenses comprise expenditure related to the cost of compliance with statutory requirements.
## **d Funds**
The general fund includes Sunday offerings and other unrestricted gifts which may be use for any purpose within the terms of the Trust Deed. Other gifts received for specified purposes are recorded in designated funds, but it is a condition of receiving such gifts that they are considered to be unrestricted and can be used for any aspect of the church’s activities. The general fund and the capital fund are both unrestricted funds. The capital fund represents the funds of the church that are invested in fixed assets. The designated funds are unrestricted and are detailed in note 6 to the accounts.
9
## **HOOK EVANGELICAL CHURCH**
## **Registered charity number: 1132505**
## **NOTES TO THE FINANCIAL STATEMENTS (continued)**
## **FOR THE YEAR ENDED 31 MARCH 2022**
## **e Fixed assets**
Freehold property is included in the balance sheet at cost or where this is not available at the trustees’ estimate of the value. A nominal amount is included in the balance sheet to represent other fixed assets held by the church (e. g. , furniture, equipment etc. ).
No depreciation is provided on freehold land. Freehold buildings are depreciated on a straight-line basis over 50 years.
Other fixed assets are depreciated on a straight-line basis over 10 years.
## **f Stocks**
No value is attributed to the value of book room stocks.
## **g Pension Scheme**
The church makes contributions to defined contribution personal pension schemes for two of its employees. Contributions are recognised when paid.
## **h Cash and cash equivalents**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of opening the deposit.
## **i Current liabilities**
Creditors and provisions are recognised where the charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reasonably. Creditors and provisions are recognised at their settlement amount.
|**2.**
**Voluntary income**
General fund
Bookstall fund
Communion fund
Future Ministry fund
Global Vision fund
Property fund|**_General_**
**_fund_**
**_Designat-_**
**_ed funds_**
**_Capital_**
**_fund_**
**_Total_**
**_2022_**
**_Total_**
**_2021_**
**_£_**
**_£_**
**_£_**
**_£_**
**_£_**
201,303
-
-
201,303
289,294
-
250
-
250
-
-
1,350
-
1,350
-
-
8,000
-
8,000
-
-
41,600
-
41,600
6,500
-
-
-
-
21,239|
|---|---|
||201,303
51,200
-
252,503
317,033|
10
## **HOOK EVANGELICAL CHURCH**
## **Registered charity number: 1132505**
## **NOTES TO THE FINANCIAL STATEMENTS (continued)**
## **FOR THE YEAR ENDED 31 MARCH 2022**
|**3. Charitable activities**
Bank charges
Depreciation - church building
Depreciation - houses
Depreciation - other fixed assets
Evangelism
Gifts
Ministry
Property and fabric (including
insurance, utilities and cleaning
Bookstall fund
Communion fund
Property fund
Youth fund
Global Vision fund
-
Aviles support
Caring For Life
Dadjo Project
Joe Stoneham
Gani Smolica
RBK schools work
Other|**_General_**
**_fund_**
**_Designat-_**
**_ed funds_**
**_Capital_**
**_fund_**
**_Total_**
**_2022_**
**_Total_**
**_2021_**
**_£_**
**_£_**
**_£_**
**_£_**
**_£_**
118
-
-
118
729
-
-
9,500
9,500
9,200
-
-
10,500
10,500
7,200
-
-
3,627
3,627
-
57,639
-
-
57,639
51,295
62,174
-
-
62,174
59,444
55,063
-
-
55,063
56,123
41,321
-
-
41,321
33,445
-
135
-
135
-
-
500
-
500
-
-
72,964
-
72,964
211,710
-
717
-
717
777
-
-
9,000
-
9,000
13,000
-
2,000
-
2,000
-
-
6,635
-
6,635
3,000
-
15,000
15,000
-
-
6,500
-
6,500
8,500
-
9,000
-
9,000
8,000
-
1,300
-
1,300
900|
|---|---|
||216,315
123,751
23,627
363,693
463,323|
11
## **HOOK EVANGELICAL CHURCH**
## **Registered charity number: 1132505**
## **NOTES TO THE FINANCIAL STATEMENTS (continued)**
## **FOR THE YEAR ENDED 31 MARCH 2022**
|**4.**
**Fixed assets**
**Cost or valuation**
At 1 April 2021
Additions
Revaluation
At 31 March 2022
**Accumulated depreciation**
At 1 April 2021
Provision for the year
On revaluation
At 31 March 2022
**Net book value**
At 31 March 2022
At 31 March 2021|**_Church_**
**_(a)_**
**_Houses_**
**_(b,c)_**
**_Other fixed_**
**_assets_**
**_Total_**
**_£_**
**_£_**
**_£_**
**_£_**
965,000
720,000
13,730
1,698,730
-
322,978
36,270
359,248
30,000
7,022
-
37,022|
|---|---|
||995,000
1,050,000
50,000
2,095,000|
||-
-
13,730
13,730
9,500
10,500
3,627
23,627
(9,500)
(10,500)
-
(20,000)|
||-
-
17,357
17,357|
||995,000
1,050,000
32,643
2,077,643|
||965,000
720,000
-
1,685,000|
a) Church buildings – Brook Road
b) 14a Manor Court, Station Approach c) 87 Tolworth Road
The church and other buildings were revalued at open market value by the elders/trustees as at 31 March 2022.
## **5. Investments**
|**Freehold property**
At 1 April 2021
Revaluation
At 31 March 2022|**_2022_**
**_2021_**
**£**
**£**
615,000
615,000
35,000
-|
|---|---|
||650,000
615,000|
The properties at 32 Verona Drive and 105 Verona Drive were revalued at open market value by the elders/trustees as at 31 March 2022.
12
## **HOOK EVANGELICAL CHURCH**
## **Registered charity number: 1132505**
## **NOTES TO THE FINANCIAL STATEMENTS (continued)**
## **FOR THE YEAR ENDED 31 MARCH 2022**
|**6.**
**Designated funds**
Bookstall fund
Communion fund
Future ministry fund
Future mission field workers fund
Global Vision fund
Joe Stoneham Support fund
Property fund
Provisions fund
Youth fund|**_Balance_**
**_brought_**
**_forward_**
**_Incoming_**
**_resources_**
**_Outgoing_**
**_resources_**
**_Transfers_**
**_Realised_**
**_on_**
**_disposal_**
**_Balance_**
**_carried_**
**_forward_**
**_£_**
**_£_**
**_£_**
**_£_**
**_£_**
**_£_**
90
250
(135)
-
-
205
223
1,350
(500)
-
-
1,073
110,128
8,000
-
11,000
-
129,128
8,500
-
-
1,500
-
10,000
41,307
41,600
(34,435)
(8,000)
-
40,472
10,044
-
(15,000)
10,000
-
5,044
632,676
34,030
(72,964)
(359,248)
-
234,494
2,000
-
-
-
-
2,000
-
-
(717)
717
-|
|---|---|
||804,968
85,230
(123,751)
(344,031)
-
422,416|
The designated funds were established for the following purposes:
## **Bookstall fund:**
Provides funds for the purchase of books for the bookstall for sale or for gift to suitable persons.
## **Communion fund:**
Provides funds to help for those in need within the fellowship.
## **Future ministry fund:**
Provides funds for the education of future ministers sourced from within the fellowship, with a particular emphasis on preaching.
## **Future mission field workers fund:**
Provides support for mission work.
## **Joe Stoneham support fund:**
Provides additional funding by church members for his preaching ministry training.
## **Property fund:**
Provides for repairs and maintenance to properties owned by the church.
## **Provisions fund:**
Provides for emergency repairs to church properties and other equipment.
## **Global Vision fund:**
Provides funds for missionary work supported by the church.
## **Youth fund:**
Provides funds for youth work.
13
## **HOOK EVANGELICAL CHURCH**
## **Registered charity number: 1132505**
## **NOTES TO THE FINANCIAL STATEMENTS (continued)**
## **FOR THE YEAR ENDED 31 MARCH 2022**
## **7. Staff costs**
|||
|---|---|
|**Staff costs**
Included within the figures in note 3 on page 9 are the following staff costs:
Wages and salaries
Social security costs
Pension costs
The average number of persons employed during the year was
No employees had emoluments of more than £60,000.|**_2022_**
**_2021_**
**_£_**
**_£_**
88,686
85,325
5,670
8,705
6,166
8,295|
||100,522
102,325|
||**_No_**
**_No_**
4
4|
|||
No trustee received any expenses for services provided (2021: £Nil).
## **8. Analysis of net assets between funds**
|**Analysis of net assets between funds**||
|---|---|
|General fund
Designated funds
Capital fund|**_Fixed assets_**
**_Current_**
**_assets_**
**_Current_**
**_liabilities_**
**_Net assets_**
**_£_**
**_£_**
**_£_**
**_£_**
-
63,701
(4,763)
58,938
-
422,416
-
422,416
2,727,643
-
-
2,727,643|
||2,727,643
486,117
(4,763)
3,208,997|
## **9. Related party transactions**
During the year, £9,000 (2021: £8,000) was given to Insight, a charity of which Raymond James is a trustee.
Paul Pease, a trustee, was employed and paid £42,561 (2021: £41,889) for his duties as a pastor. This payment to a trustee is permitted by the church constitution. Pension contributions of £2,640 (2021: £2,640) were also paid.