HOOK EVANGEUCAL CHURCH FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 MARCH 2024 Reglstered chwlty number. 1132505
HOCIK EVANGEUCAL CHURCH INDEX YEAR ENDED 31 MARCH 2024 Page Chaiity infmt)n Report ofthe trustees Report ofthe Indepent audilor Slaknent off)81 athbes 9-10 Balan(* sheet 11 Notss lo the finlia1 statants 12-18
HOOK EVANGEUCAL CHURCH CHARrtY INFORMATI¢ YEAR ENDED 31 MARCH 2024 Constiw a Trust D88d daed 24 OLIth 19)8 and by the a(Wed 6 May 20)9. Registered charity number 1132505 Obprts.. The church was estatAished the of Fyomoting the evangelical proteslanl relig1c and this is cJ)ntinued through put4ic wChIp of the Lord's Day and other meeting5 dng Ihe weeK indudirwJ meetings ts thibjren and young pec¥A8. Tnsstees of kYOtwV. The Feh1> of Independ8nt EvaThJelcal Churts Llmited Pastors.. Pavl Pease Tim Neale Trustees: Paul Pease (P8Stor) Raym James (Elderl Stephen Wigginton (Elder) Richard Brown (Elderl Deao)ns: Alan Rigby (Deacon) Robert Sloneham (Deacon) David Batten IDea¢on) Troasurerlsocralary: Stephen Wigglnton Bankers: 8arday5 Bank PLC Surbiton 8ranch Jacob, CrnHgh & S 5 Robin Hood Ld Surrey SM12SW
HOOK EVANGELICAL CHURCH Registerod charity number. 1132505 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 21r24 Constllullon and objecllves Hcrf)k Evangel1 Church (Ho CFyJrthl is a)nsl1lu by a twst de&1 dat 24 0(Xoter govemed by constitu1n adopted 6 May 2009, bwth 0.e of promoting rdKJ1l evarodic81 Prcrtestsnt lines. From 6 NovemlM 2(M)g, it is a rwJistered thanty vAth tharity registratKn number 1132505. The churth was eslallished vath the folknwir¥J drItae c4thXs.' Adcement of the Christs'an faith in aco)rdarH 1th the ba8is of faith Frfimaty Ixrt not exiJsNdy witrin Hook l TclY>rfh and the surruJTrJirYJ n8IbrtKKwj 8tKI Such other (hritable purFXJS85 as shall, in tho (Kin1 oflhe mawJirKJ tswtees, furtPw the vA)l( oflhe These cbIVe5 primarily achieved the put4ic rrship C th8 Lcyd's Day and olher m88tings during the week. induding meetings for thkken arml p&. The clwrth swwces are hdd at Vlse$ kxabj in Broc Road Surbiton Suffey Iff6 5DB. The trustees havo had to the Charity CmimissKJn guIdW and reqL1r8nl8 re18ting to beneffts aThJ are satisfi that the thurth's aims and tieS prc4)ety meet any wblic benefft requirements. Managlng tW8toes TNS1 during the year ended 31 Marth 2024 were.. Paul Pe8se (Pastor) Raymond James {Ehlerl Flchard Brown (Elder) Stephen Wigginton (Ekler, Treasurer. sl2ryI Wth the eXpti of the Past, the trustees receive no remuneralion for their services. Trusknes are app)Inled by the churth in a general nding hamng satisfied Ihe txb11 prin(XFles for hobjing ¢)ffice. We c£tinO to exist to spread the Chrisllan Faith Icdty, nationalty arKI intemattsjnally, all cur servt8s are videced and can be watth&J on Y¢JuTube' to hdp thurth memb8rs wth their writual Trtal tY81081 diffi18$; and to bless the cijnmunty in vthhth the (rth lIdIng is locat1. The thurth Is affiliated to ts Fel0tp of ITdent Evangeliral Churches {FIEC) a grour3 of over 600 independent evangeli1 churc+ thrght the UK. The churth c4Y)tributes to wder woth in the UK thrgh the MeMbehIp of FIEC. The churth also encwrages interest in and SUPFM)t other Chrfst18n organi8alion8 arKI indidualS vtho seek to advance their Chrrstian failh or urKlertake drtsble worbs #i the UK or overseas. The thurch aciNits85 are financ¥d almost tirelY by the ¥duntary gmng d churth Frffiibers and Otr Ular 8ttendees. The thurdl d( rK)t engage in fundraisin9 athitss. Organlsatlonal stTuthrn The charity is run by the Trustees (Eldws) Pastors, all voted for by a genera drth of Ihe membets of the churth. With the ex(•ion of the Pastorn, all offi(xs, Eklefs afKI Deac(5 require a 751J/o vote. If dected, tru8t8&8 Stand for 8 of Ihree years, fdlobwj by wcffiThtion and elec1 by members. Trustees me* D3ulady thrOuglutthe year. DeI)nS also meet seFofdtety througlKKrt the year wth an Elder presenl and somelirnes Pastor. Church Mlnl8trkn8. These ministiies a t0 V8ri(xJs slnKknre5 arKI oveTreen by Elder5 aTrJ Pastm under the follcwTr3 ing$. DV&a1p, GkS)al Ms1. E918m, Youlh, Prnclxl SeNS. Discipleship This group of ministhes ndLths Word Mintsty and prayer and we aL80 brOadting every SUraY moming and evening, and aL80 W&Jnesday evening servkx. Ottw nynislries thks grP iknde Preather lrrining grojp, soaal media and fello%4ship groups. The churth is SFAil into Life groups overseen by an Elder for spirFtual 5upF and prowding practical hdp bthere needed. These gr{p.S run every other week at varyTrng times to suile the grwp whereby members or fri&s can i(Mn Icwjetkw to sknly a partIClar gospel bwk over a rnJMkr of These group's 8L have a team Ihat visit eklety foll( a regular basis vhK) (WTK)t get to dlurch or vtho are in care home5. Other activities indude tksta11, music team. prByer meetirwJs, and prayer ryrde5 by tele[thce and swal m118 vh1 urgent or forth(ling prayer is needj/reqU8Sted. frIshIp lunches and pastfftl care c£thinalcKy.
HOOK EVANGELICAL CHURCH Registsrod charity number. 1132505 REPORT OF THE TRUSTEES (contlnugd) FOR THE YEAR ENDED 31 MARCH 2024 Global Vlsion There is a d&JThled len that fonnulates their annua IW and o4ersees the allocation crf that twdgel. It is used to further the Lord's in areas overseas and vthin the UK. Through this luThl we SUPFKWt missionary work in Cha aM(st the Dadj'o c(MUnty 5US¥X)rtirKJ the dk))ert of the Hoty Bible 10 their ovm LqrrfJuage to enclage an understandlng of the Christsan faith. We abo surwl mi8s1carl&S in Kogm) and cne cl memterfs works arncg young P8Lwle in 8oliMa. We also SUFPOrt Mcrfnir¥J Stsr. a w(Nk anw Ung thibJren in Scrtth Africa. The church suppjrts Samarttan'5 Purne pr(WKling many Cljistmas gift boxes ved by thurth members. Charibes wthin the UK are also SUPFK)rted SLKh as Caiirb3 kn Lrfe in Leeds. The GV team also pn)p)wJ trt ts thurth promded and SUFWrt th8 MaIntenar of 3 motc likes ts use by kx41 n1ssirieS anlyst Dadio Evarbg8llsm The thurch continues to stffead Chrisban faith b as IrY folks as kKyssiLle. A few of cwr members cary out street eydngelism wti)in the KIngstl vFon Tha tw) ntre. 0th6r mmLvs SLWJI w(ffk a v1r0 b89s in a Ial admwii8twirvJ sermcms, &'tAe $859i¢m and krdyer support. Th8 church ha5 VakJai ffliristiie8 8mckn3 our ladw separate wok arKmg men fdk. We h8ve 8Lw started a group named Time$$ and this is degnj to reath (%rt n o)mNnty to all folk over the age (rf 60 yeats. This indudes o)ffee mLynws. seated exercise, tM)8rd games, talks ¢Jnce a quarter a hjnth. We deliver adverbsing leaflets in tho k¢al ctjThllLty adveitisir¥J fimebss. We also host a ¢))ffee nrning for al ages on the first Tuesday of eath month. Al ministn.es reath (Krt into cr Ic1 communty to welLxJm8 all vkno wish to attend. We a180 host a week use of our thurch premises ty an ArThymous 12step and a small nurniw have joined our fdlTh4Ehip coming to a fath in Jesus Christ. We also run Aa courses online using Zoom or kn3ether in churth. Supwrt is also given to The Christian Schools Worker Twst (Inght> vthith Kk5 1th1n the kral s(Kds for Bible sbjdy dasses after5ch)ol nwttngs. Youth Th8 churth has a very well used ciklrnn'W minSsty #lat $8rv88 th8 kical ¢Trnty. Thiq ministy stsrts Icarers group years, Traler in tre day by Kjd's Zone >7 years Ihen CAJr Spectrum 7.11 years ending ith wr ID 9np 11.18 years. We a vaned mir#sty [ya all yourwJ ag85 8 Sunthy momiThJ. There is also a valued mwc gP inMt&s and encujrw 188nagets instrumenlal and V(1 skilL8 to pradse and use Ihose skils. Thls gffxjp, recow11 as Sunday Scknl of Rcrk (SSORI. also Fwesents annual a)nrtS th income beiry gwen enllrely to a sw)sored cty. This last year tharibes benefitted Caring frx Life in Leeds and The Morrmng Children's ctra in South Africa. Practlcal Ser¥l¢os This ministy covers al actNibes that pyovide suppcKt to the thurch fello$hIp enabh'ng all ministiies to function such as: We1CcIng1SteWdrd11g, fabn'c of I)uthd1s, transp(¥t [ms, deaning, aLKlio and visual c£¥nmUnUti, Regi51rar, actical care team provide exlra sukwt vthere wired for ¢JJX(Kfrwta transpm aKJ in hcse we. Churth adminiStrats using Clyjrth Suite software was 8slablsh&J dudng subsequent year5 to t))vw use of the thurch. Developments, activS1ies and achievemonts during the yoar The church has cnntinued to advance lj Fyopagate the Chislian religion in Surrey in acclanCe wtt) the trust deed. The w)rker5 CQtinu& to be effective in Ihe I1 area 1*rt the year arKI to and encrgir¥ We o)nbnue to exist to spre&J Ihe ChrFsban faith k(al, TIK)nalty. to hdp thurth member5 With their spiritual or mentsl physical &X1V89. and to ccmrninity in th8 drch buhjing is kr2ted.
HOOK EVANGELICAL CHURCH Registèrod charity number. 1132SOS REpoKf OF THE TRUSTEES (¢ontlnuod) FOR THE YEAR ENDED 31 MARCH 2024 Rlsk The twstees confirm that (XS1ered the Ma)r iisl¢s to the chanty k8 exFK68d arKJ tst systsms hav8 been designed and eStlsh& to mtyte ltrv)se risks. These arB regulaty di$sSed at monthty Eld3 meeb'rqs. erev wssbl8, risk asS8ssmt t/erS are fomiulai8J, to ensure Considerati¢ arwj prJJ's8s introyuced to o)ver health and re These kXfKttlures b%Ere exknded lIh speafic reed plans and adions for all ministries that lake part n the Safeguarding has aknys a major part of (urd) Irle and have a substanlyal safeguardng wlicy dfxument arKI team that ensu this UMrt is 1xmnU81Y rSSes and apFdied. This pc4icy relates to youth an(1 vuherable folk of all ag8s and al requires all officaa& and volunteerB lIhin th8se minktrtes to b8 grven a (£py of this FxJIIcy and rdated trainwvJ tcselher with DBS thificalion. Revlew of financlal actlvllles and affalvs Trust88SE1de and D8acons are ¢£tinual kept up to date wilh the finanaal FMth)n of ts driS inc18. FO1 annlng budgets are also awroved ty Elders and Dea&5 before presentakn for awrov4 by the churr members at an annual general meeting. St8twnents of actounts are also presented at the AGM fc oversight ty the attending memters. Budgets are also wesenteod to ts thurch at an AGM Io WKIKate vthere nleS will be alkKa and voled fc¢ apIance by a show of hJ¥Ys. The dHrty has cTh G8naral Fund Ihat suppyts al J) lurKIs. Reserves pollcy At the year end, Ihe cartty had tolal furKlg cl £4,798.088 (223. £4,029.9861. The free reserves on 31 MarL 2024 were £84,913 (2023.. £54,5(M)). The Trustees aim to keep nLia1 reserves at typIlY three morrth5 expendIre. The free reseNes of a in exc of the minimum required by the reseNes wlicy trustees thereftxe cnrth that this level of r8S6N8s is adequate to SUFWrt the thaiity's cng(yng actvitses. Grant maklng pollcy Grants are apwoved by the elderthth and are usualty made frcm furth at Harvest and Chrfstmas Fundral•lNJ pollcy Projects undertaken by the thurth are tyFrfcally funded frcvn gerw81 giwrvJ to the churth, Ixrt cmjth may some Stat¢nwnt of tnwtees, rgwslbllldes Charity law requires the trust to prepare finarKi81 statements fry each finarKial year fjCh give a true and fair Mew of the state of affairs of the chjrch and of its finanaal tttieS that 1ClI. In prepaiing those financ4al statements the tFUStees reqr1 to.. . selec suttatrAe accounting Fdkies arKI appty them ojnsistentrjr, makejudgemwts a1 estimth thai are reaa)le arKI Kxuden(' state the wlmies a¢4kn1 are in the Statement of Recy)mmended Prathce "Acayjnling by Charitieg" and wih akWicaLk ac(y)unb'ng standards, subject to any matetial departures disdosed and explained in finar ststements. prepare Ihe ffinal slatem&ts Ihe going basis unSS it is inapprDpriate to asgume Ihat th8 wll ojnlinue.
HOOK EVANGELICAL CHURCH Reglstered charfty numbor. 1132505 REPORT OF THE TRUSTEES (contlnued) FOR THE YEAR ENDED 31 PAARCH 2024 The tystees a res[Ky1e for keepirvJ prw acccunting records disdcEe wth reasonable accuracy at any time the finanoal posth. of the thurth aThJ to able them to ensure that ts finanaal statements comFty charity law. They are also reSp(ible frx safeguarding the assets of Ihe churth and hen ts tskirKJ Teasonab steps ts the Prevention and deteGthM oftsud thr iffegubt7bes. Approv&J by the trustees 20 DKsnLw 2024. S R Wiggkntc Trustee
HOOK EVANGELICAL CHURCH Registsred chaiity numbgr. 1132505 REPORT OF THE INDEPENDENT AUtwroR TO THE TRUSTEES YEAR ENDED 31 MARCH 2024 Oplnlon We have auditejj ts finarmial slalwnents of Hix4( EvaThJdThl Curth {the'Charilfl for the year ended 31 March 2024 vthith rnpnse the Statement of Financaal Athibes, the Balar Sheet and notes to Ihe finarKaal ststsments, indLKling a summary of signthwt ac£cunting psicaes. The finarla1 reFKJrtsng framew(xk that has been apF4bgJ in Ihar preparation is appcoble taw and Unite(I IfjrKJdi Acowntmig StaThJards, ilLing Finanaal ReportiT¥J SLwKlard 102.. The Finanaal Reports'ng Standar(l alCab in Ihe UK RepU1C crf IreL8nd (Unrted lfjryjom Generaty Aw)ted Acnxnting Praclice). In our q)in1, ts financyal Stateme.. give a bue arwj fair view of Ihe state cl the Chwitls affw'rB as a131 Marth 2024 of its inccming resourrx WKI aFpl.cati resoUr forts year th ended: h8ve Lwi PmFwky FYeFered in with United lfjngdom Generalty A)unr Pract. have been prepare(l in aLyxwdarK8 Vath the rewirenwts of the Charities kt 2011. Bo818 for oplnlon Wè conducted Ir audit in aOrdanCe Intwnaticnal Standanjs AuditiThJ (UK) (ISAE (UK) arKI applicable law. Our reswnsl'lrt1oS under those standards are furth8r d6scribed in Ihe Al¢l0rfS reswnsitM'll¢ies for Ihe audit of the financkql ststements secbon of our rewL We are independent of the ch in accDrdanc the 8th1 requirements that are relevanl to our audil of tt)e fjnancial slatements in ts UK ddIng the FRC'S Eth1 Standard and the F¥0ViSi$ available for small enlilies and we have ¢)ur other elhical resptThit4lties in acoNdan with trSe reqUirts. We telleve thal the audit ewdence VR have ci)tained Is suffldent and appycprlate to provide a b5 our LynvJn. Conclu8lons rnlatlng lo golng conc•m In auditing Ihe financial slatements, we have ([ded Ihat the tNsiees' use of the wrvj c4JKem of accojnting in the preparatlcffl of ts 11n¢la1 s12t6ments Is aFpropriate. Ba1 on Ihe work we hav8 P8rforrnod, have nc idgntiw any maietial uncert811bes rBlatir¥J to 8V8nts or conditions that, indiwdually cf cc11tivY. may cast si¢fiCant doubt on ¢he CharilV8 4)ility to ujyinue as a going c(SM for P81iod of at18ast 12 mcnths frfxn bth8n the finanoal ststwnwts are autr80d ts isgU8. Our resFnbilItieS and the reSpolti1rtw of the truslees rwecl to gdrKJ (xxthm are des(ld in the thnt $ty'On9 of this K¥L Other Informatlon The other inf0mti (xynprises the IrfLYmatic induded in the annual rewt indudirvJ the trustees, rep(rt other than the financial statements and cr al1t&S reFM)rt lhern. The Intstees are r8SFKThibkg for the othw infom)ats'on CLMtained YAthin the annual rewrt. ¢)Jr on the finanaal statements d08s nol cover the olher lnfonnats and, 8xcept to the extent ottvwse eypknty ststed in our repKrt V do rKt exwess any fcffli of assurance L¥Jndusi trrn. Our re5F(SItIty is to read the olher 1nfoTrnalj( aTrd. in (k¥ so. ([sider the other Infc¥Mati( is materiaty inconsist1 the ffinanal statements our knowledge obtained Nl the of th8 audit or otrse a[Yea to be rrenalty misststed. If we identity SLth matenal incorristerMie5 or apparent material misslatements, we are required to detemine whether this gives rise to a material misslatement in Ihe finan(aal statements themse. If, based on the rk we have perfcfiwj, UjKIJe trwt there is a material misstatement d thr6 ott informakn, are wuired to report that fa(1 We have nothing to rep)rt in thls reg*d.
HOOK EVANGEUCAL CHURCH Registered charity number. 1132505 REPORT OF THE INDEPENDENT AUDITOR TO THE TRUSTEES (continwl) YEAR ENDED 31 MARCH 2024 Matteryd on which we are required to report by exception In the light of the knedge and understanding of the Chartty arKI ils enVIr(rnent obtained in the course of the audit, we have not identffied malerial misstatements in the bustees. report. We have nothing to report in respect of the folowing matter5 in reLti to whith the Chartties Act 2011 requires us to report to you rf, in our opinion.. adequate and proper accounting records have not been kept, or retums aJ8]uate for our audti have not been reiVed from branches nol vistted by us.. or the financial statements are not in agreement with the aaunting records and retums., or rtain disdosures oflrustees. unera'[ sp&)fied by L3w are not made., or we have not all the inf(Kmation and eXnall0n$ we require for our audiL Responsibilities of the trustees As explained more fijlty in the trustees, responbIl[.eS statement. the trusts are responsible for the preparation of the finanaal statements and for LEing satisfied that they gwe a trl and fair view. and for SLth intetnal control a5 they detemiine is nSSary to enable Ihe preparation of financial ststements Ihat are free from material misststement, whether due to tra or error. In preparing the finanaal statements. the trustees are reswnsitle for assessng the Charity's abilty to continue as a going cL)nM, disdosing, as apFe, matter5 reed to going (nM and u&ng the going nM basis of accounting unless the trustees etther intend to IM]uidate Chartiy or to se operations, or have no realistic altemative but to do so. Auditorfs responsibilities for the audit of the financial statements We have been appointed as auditor under secon 145 and rert in aCcOrdae wth the Ad and relevant regulations made or having effect thereunder. Our objectwes are to obtain reasonaNe assuran aLx)Lrt bthether the financial stalements as a whole are free from material misstatement, whether due to fraud or error, and to issue an audrtorfs report that indudes our opinion. Reasonable assuran is a hh level of assuran, trt is not a guarantee that an audtt ¢ndUcted in aLxordance wilh ISAS (UK) wil aayS deted a material misstatement when it VAiSts. Misstatements can arise frdud or enTJr and are consKIeI material rf, indNidually or in the aggregate, they could reasonabty be expded to IrfflUen the economic deasions of user5 taken on the basis of these finanaal statements. The exient to which our prccedures are capable of deteding irreguLartties. indudirMJ fraud is detailed below.. Based on our underslarKling of the d)artty, we idenllfied that the princapal risks of non-(x)mpl1an with laws and regulations related to employment, finanaal reFthing legislation and health and safety regulations and we considered the extent to which non-complian might have a material effe(a on Ihe finanaal statements. We also considered Ihose laws and regulab'ons that have a dired impacl on Ihe preparation of the finanaal ststements such as the Charities Act 2011. We assessed the susceptibility of the charitys finarThl statements to nterial misstatement, induding obtaining an understanding of how fraud mKJht occur, by making enquiries of management, (x)nsidering the inlemal controls in pla and discussion amongst the engagement team. We detemiined that the prinapal risks were retated to management bias in accounting estimates, particularty valuation of propErties. recognthon of legacy income. presentation of separatdy disdosed items and management override of controls. In response lo the risks Idents'fi we designed proc£dures IaUd, kxrt were not limited lo challeThJing significant accounbng estimates, reviewng legacy o)rrespondence. agreeing finanaal stalement disdosures to undettying SUPtx)rbng d(UMentation. idalfyIng and lesting ioumal entries. reving Trusts. minutes and evaluating the charty's intemal controls.
HOOK EVANGELICAL CHURCH Registered charity number 1132505 REPORT OF THE INDEPENDENT AUtirroR TO THE TRUSTEES {lInd) YEAR ENDED 31 MARCH 2024 Audliorfs respon8lbllltlos for the audlt of tho Ilnanclal stateMts (contlnued) There are inherent limitstkMs in the audit [edureS descrited atowe. The more rernov&J that arKI regulaty)ns are from fnancial transac11c$. the less it is that we wcxAd tne awaré of ncffi<L¥llllian¢. Mat8nal misstatsm6nts that arise due to fraLKI be hardor to d6 Ihan IIK)sa that arise frrm err(Y as m8y v0fve delitrmate conceakment or cONusic. A fvrthw desc#iption of our resp)ngt4libes ts the 8udit of the finandal statwnents is located the Finanaal ReForting Counufs w8bsrt8 aL' vMw.frc.(wg.UaUditorsr89Fm.tiIrt85. Thi8 desuplM?n forn part ofour auditc<s reFYJrt. Use of our report Thts rekxM1 is made sc• to the trustees, as a In accordancE ilh Part 4 of Ihe ChareS (Accojnts aTr RerrftsI RegulatiCS 2C(e. Our audit th has been Unrt{en so that mwJht state to the Charity's trustees those m8tter5 we are rewlred to stalè to them In aud6torfs rewt arKI for rKJ otrw wrFK)se. To th8 fulb8St exlent by law, we do not actwpt or a&gJm8 re9F(tIlty to y(8 othw than th8 charfty the thaiitls In188$ as a bcéy. fcf our ajdrt work, fortris rewYL (r fcr Ihe CV¥lKm$ fomw. Jacx)b Cavenagh & Skeet Statutory Audrtc Chartered Acc(ntants 5 Rotin Hiyjd Le Suttc Surrey SM12SW Jacob C8Vgn8gh & Sk8et is 81yblg tr antment as 8uthtcY ol the tharity by wrtue of rfs eltrtslty for apwlntm6nt 8S audilorof 8 Gomp8ny undersection 1212 of the Compgnies Act 2CQ6.
HOOK EVANGEUCAL CHURCH Rogistergd ch number. 1132505 STATEMENT OF FIPIANCIAL ACTivrrES FOR THE YEAR ENDED 31 MARCH 2024 GeneMI Doslgnafr Capltal Restrict8d Total fund ed funds nd fund 2024 Totsl 2023 Income fr(n: Donations 8ndl&38cles Offerings donalions (Yiduding tax refijnds) L8gaci8s 1vable 152,2 44.317 3.457 199.974 220,990 170,000 Inveslment incom& Property renlal irKone Interest recaved 51.836 51,836 9,991 39,950 1.925 9,991 Total Incom• ,153 3,457 261,801 432,865 Expendlturn on: Charitable acliviti8S 151,H7 3,457 249,3TT 313,800 Gov8mance casts Audit feg Acwntsnt'sllndep8rthnt examinerfs fee 16,762 16,762 4,81XI Tdal •xpendliur• 170,769 268,699 321,440 Galn8llloM•s) on Inv•slThnts Not Incomd(expOnd1v) l)efoT• transfern (8.578) 11,513 80.167 83.102 94,489 Transfèrn Not Income1{0xpdIturnj 30,413 (29,132) 81,821 83,102 94,489 Galns on revaluatlon of flxed 685,000 Net m¢>venwnl In fvnds 30,413 (29.132) 766,821 768,102 104.189 Fund8 forward at 1 Aprfl 2023 951,470 3,024,016 4,029,986 3,925,797 Funds carrled forward at 31 March 2024 922 338 3 79).837 4 798.088 4 Iy29,986
10 HOOK EVANGELICAL CHURCH Registered charity nUfflr. 1132505 STATEMEKf OF HNANCIAL ACTivmES FOR THE YEAR ENDED 31 MARCH 2023 D8slgnat. ed funds fund Totsl 2022 2023 Income frcm: Don8tions andlegaci8s Offerings ¢&Jnation5 (indudlng tax retsndsl Legacaes recavab 169.8W) 51.100 170,000 Y20. 170,Ocl 252,503 Investment inco Propety rental irMx¥ne 39,950 34,030 74 T43ts1 Incom• 171815 432,865 286,607 ExperKlltur• on: Charitsble actiwties 224,123 23,327 313,8 363,693 Govemance Ix Audit fe8 Acwuntsnt'811TKlependent examimrfs f88 Totsl w>ondlturg 231763 Galn&lllo•se•) on Invo•trnents 16.938 16,936 Net In¢cffie1{expendlro} befm tran•fo 159.948) 194.700 (40.283) 94,489 (44,4861 Transfern 55.510 326,936 Not Incomd(oxpondlture) 14,438) (187,746) 286,673 (44,4881 Galns on revaluatlon of flxed amets for ¢harlty'g own u 9,7 57,022 Net movement In fund8 (4.438) {187,7461 296,373 104,189 12,536 Funds brought foM8rd al 1 AkWtI 2022 1,139,216 2,727,643 3,925,797 3,913,261 Funds Cathed forward at 31 Ilarch 2023 951,470 3,024,016 4.029,986 3,925,797
11 HOOK EVANGEUCAL CHURCH Registered charity numbor. 1132505 BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 FIXED ASSETS Tangl1e fixed assets Investrnents 2,420,837 1,744,016 1.280.CKJO 3,7,837 3,024.016 CURRENT ASSETS Debtors- gift aid rnfvrKI due Debtors- ban to thurth memb Debtors- pyepaid irtsuranL Debt0- ErnoTent Allu• Debtors- acy rvabKry Cash at bank 35,623 39,880 2,1 7.445 170,C 2,1 170,1 1073 610 CURRENT UABILMES Creditors- acuuals Creditors- other credllin 15,4C() 7,640 NET CURREKf ASSErs 1007 251 TOTAL ASSEfs LESS CURREKf UABILMES 4,029 986 FUNDS- UNRESTRICTED General nd Designated fijnds Caffti fijnd 84,913 922,338 3,7,837 54,K)O 951.470 3,024.016 4,798,088 4,029,986 The finarK4al statements appyoved by the trwees on 20 Derrthr 2(r24 and ijn their behalf by: S R WwJginton Twstee
12 HOOK EVANGEUCAL CHURCH Registered th¥ity numbor. 1132505 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENI)ED 31 MARCH 2024 ACCOUNTING PWCIES HC Evangelica ChLYth is an uruncrArKYa dlity register&J in Engl and Wales. The wincaFoI offic8 i5 Hcxjk EvangelKal Churth. Brc( Road, SurtItc, Simy. The attounts have been wepared In &c£thrte Imth FRS 102 Tr Fin(la1 Rwg Standard apWlcab In the UK and Republic of Irel8nd'. "knntir¥J ReFKwtsng by Charibes" the Statemrt of Rerx)mmended Prac11 tr Gharilies applwng FRS 102. the Chanties 2011, arKI Generalty A£c•ed pl)nting PraGkn as it apF4ie8 frc¥n 1 Janugry 2019. The charity Is a Pthlic Ber Enw as defit by FRS11Y2. fmancyal ststements are wep81 in sterling, whith is th8 functional rAvrnnry of ts ctsnty. Vthetsry amounts in these finanoal 8taiernents are roufKled to th8 rest £ Th8 ffinaThial statements have b8en uTrJer the hstorbl cost Lr(NenII, to reveluaticffj of fix&J assets and investments. At the time d aFvovng the finan081 statmnts. Truslees have a reaxmai eXreCtatiC Ihat the (aiity has adequate sources to c{U8 to cywate fc¥ ts foregeeable futyrn. Therefm. tre TNstees gcing Lrn basis of ntirKJ in FryarirvJ the firwioat slatements. In¢¢)mo Offwings and dOnatiC are irKluded as rxIpts trw are banked. Grfl ad refvnds reco3rds8d as income at the same time as the gift to knh trw felate. Legades are a(£wnted for when the thaiity ts Ttfied ofthe receipt aTKI the amount n be quantifth Vth rea8(able Rentsl 18 Ixedrted rIaL40 ExP•ndIré ExpditUre 18 >))Jnled an x13 bas8. Dlrect Ltsritable eXpdre ¢)ynpnses al exwdilure dirth relabj to the th8 church. managnl and adminlstration ewses ccwnFMise expe11 related to the c4xt of cWFIan ryth stry r4remts. Funds The general fuThY kndud8s Sunday ciferings and other unr8stiid8d grfls Nthich may bè use for any purp)88 wthin the temis of the Trust Deed. Other gifts received fcy slTEd wrposes are record in degnated furKls, but it is a c(mdition of recervlThJ such that they are nSlered to be unrestricted and can b8 us&J for any asFd of the d)urth's athwties. The general fvnd and the 12phal fund are ix)th unrestiiLtsJ fvJ¢Mts. The fuThJ feFxesents fijnds of the thurch lh are invested kn tlxed 8ssels. The deslgnaknj furHJs are urwestrIc and ar8 delaed In note 6 to Ihe Propety is induded n the baknce sheet at the trustee5' estimate of the value. A n{nal am(nI is induded in the balan( sheet to wresenl other fixed assets hekl by the thurth {e.g. fiJmiture, equiFKnent etc.). No derxeuaticM7 is provid&1 on fred)old L8nd. Frethdd budding8 are depBCa8l a stra*3ht4ne basis over S) years, therè the Calng value is thv8 th8 estimated resdual. Olherfixed assets are deryat8d a strydwJht4w basis over10 year5. Invesbnent tKOWty hdd to eam rent81 aThJ fcK apprecaatIC, is Triwnised initsalty ai Ihe wrthase c(tst Flus directty at1n.bulale expendl1u. &bsequenty rt 15 me&sured at far value al 1he balance sheel date. The surplus or deffic3t c revaluatM)n is recojniwl in the statem11 of Financial kknb'e5. Flnancial instruments The charity onty has fvIC181 assets liable$ a kiKI that qua¥fy as tO5ic fmnrial instruments. Baslc finarKxal instnJments are bjalty rwnwl at Iratsadicm value K1 are subSequty rnasur&J at selffwnent Vae.
13 HOQK EVANGELICAL CHURCH Reglstered chaiity number. 1132505 NOTES TO THE FINANCIAL STATEMENTS IcMllndN F{ THE YEAR ENDED 31 MARCH 2ff24 h Stocks No Val i8 attritrrtrted to the value ofbcyjk rorm stCN8. Penslon Scheme reccMJnised kn pad. Cash at bank and in haTrJ indudes cash and sPKJt4wm hyNy thquid inveslments th a strM)rt matyrity of three rwnths or fron the dats Of0p1r¥j the d8P)S Curront Ilabllltl•8 Creditor5 and prowsirMs are recoJnil 4there the tharity has a preserrt thIgatiC arising from a past event that will PTobabty resum in the trsfer of funds to a thwd party and the wrKXmt due lo settle Ihe (i)Iall can be measured cff eslimated r8asonatty. Creikn and are rwised attsr settIent amolrt Voluntsry Inc4xn• Gonernl D85igna& Capltsl nd ed fimds rund Total 2024 Total 2023 •d lund General fijnd Carirg for Llfe fund Joe SIcehaM supwl fvnd 152,2 152,200 120 3,192 5,062 1,4fy) 169,890 120 3,192 145 4,917 Communion fund Future Ministry lund Gkthl furKI 3.100 10.c()O 38.CQO 152.21J) 44.317 3,457 199,974 220,99) 152,2LKI 44.317 199974
14 HOOK EVANGEUCAL CHURCH Registered charity numtw. 1132505 NOTES TO THE FINANCIAL sfATEMENTS (contlnued) FOR THE YEAR ENDED 31 MARCH 21r24 Charftal activit18S Total 2023 odfunds fund nd 2024 Bank tharrjes DeprecIat#- thurci tIdn9 Deprectatk)n. hwses DeFThJalK)n. otsr fix1 assets Loss disposal Offfix assets Evangelism 93) 920 806 9,2CKJ 10,5(KJ 3,627 3,503 6.330 30,371 30,371 61.885 Gr8nts Caring for Life FIEC Gani StrKIK knsight Morriro Slar Release In1errtKaI Rev T Neale aVg grft Samailan's Fljrse SASRA Tearfund 6.992 500 6,7CK) 2.775 50) 2,775 39) 250 250 29) 29) 26,SJO Ministy ¢Jher lindLpJlng In8uran(, ulilb8s arKI de8ningl CommuniM fund Propaty fund Youth fund 54,607 47.863 47,663 1,4(M) 61.533 3,100 18,307 3,LNJ8 1.41x1 2,614 2,614 Glc4)al Vlsion fund grants AleS 5UPF¥)rt Caring Lrfe Chad trips Dadjo PrqKa Gani Smc4 Jce Stcneham Prison fijnd Prison Ministries 7,0 2,OCil 145 10.575 10,575 8,OCKI 12. 8.035 3.192 9,OCKI 9,CnO 151,447 249,377 313,800
15 HOOK EVANGEUCAL CHURCH Registered ch•ty number. 1132505 NOTES TO THE FINANCIAL STATEMENTS lcontlnue FOR THE YEAR ENDED 31 MARCH 2024 Chu (a) assets Total Flxed assets Cost ar valuallon At 1 Aprf 2023 dilJCS CIsFosals Revaluation 720,LKKJ 50.C(Q 1,765,CQO 1,654 1.654 (16.619) 116,6191 685.C 605,(KJO Al 31 Marth 2024 1,6,[ 800,1 35.035 2.435.035 Ac¢umulatsd dgpr•clatlon At 1 April 2023 Provision the year dispxals Cn revaluatton 20,984 3,503 110.289) (10,289) At 31 Marc 2024 Net book valu• At 31 Marth 2024 2 420 837 At 31 Morth 2023 995,IXiI 7201)Xi 29,016 1744,016 81 Churth buildiThJs- Broc4( Rcod bl 87 Tc&vorth RcBd The thurth buiklngs revalued at cyen market value by A Mkall FRICS of Sneller C(xnmer(xal as at 31 March 2024. Cxher trMJibJings bre valued at opw market value by the eldergJtru8 as at 31 Marth 2024 using an independent vabuer. 2024 2023 At I 2023 Addilicms TransfeFred frC ffixed assets Revalualic 1.280,CIJO 650,C( 326,936 320,0(K) 16.936 At 31 Mar( 2024 The pnyrties at 31, 32 and 105 Ver Dnve and 148 Matv Cw¢ stat W were rwrfa1uJ at open market vahje by the 81d$tees a8 at 31 Man* 2024 iTKietervJent vathrs.
16 HOOK EVANGELICAL CHURCH Rogistored ¢haiity number. 1132505 NOTES TO THE FINANCIAL sfATEMENTS Icontlnued) FOR THE YEAR ENDED 31 IAARCH 2024 De419naled fvnds- 31 March 2024 Balance Balance fonvanl (Jad motortiike fund Communion fund Future ministy fund Future MISS fiehj fu1 Gkjbal Vision fiJrwJ Joe Stoneh8m SUFWI furKI Propety fund PrcM8ions lund Youth fijnd 4,917 1,4(X) 14.782) 11.4Crf)) 1135) 1,073 2O),128 81,) 36,047 38,(X)o 1.073 200.128 64.500 (33,1Y28) (9,308) (33,508) 643.178 51,836 {45.401) 616,105 40.645 922,338 Dmlgnated funds . 31 March 2023 Balance Balance Bc)kstall fttnd i)Jnd Commurion fund Futu ministy fund Futu mission fiekl rykers furKJ Gkijal fur¥J Joe Stoneham Sutwl fund Propety fvrKJ Provlslons fijnd Youth fund (205) 1,073 129,128 10,1 40,472 38,(KXI 3.11x1 10.rK(I (3,1LKJ) 1,073 2,128 61,500 36.047 61,1)J) 51,SX) {34,435) (T,9gJl I7,5> 10,CN)O 118,3C61 (499,7&JI 951,294 2CrfJ,950 643,178 2,OCKi 1139 216 261050 382,446 951470 Where dgnatl lur¥J bakin ap18S8 than or mcY8 than th8 amcJnt rwuired for the vwi¢Jus WLiects in hand, from b'me to time, balance5 a4'ustthl by way of tran8fw8 to aTrJ frwi othw furKls. The deSted fwds were establisW the folbwing purposas.. Chad motorbike fvnd: Provides fijnds for the purthase of rYK>t(Jthkes for mission w)rk in Chwl. Communlon fund: Provides fijnds to hdp for Ihose in negj within the felkyh5hip. Future rnlnlsty fund: Provides funds for the educalkn of fure fflinist5 Srid from within the feN(wslNp, with a paitajlar emphasis on eaching. Future misslon field woth fvnd: Promdes suppoxt for missth th. Joe Stoneham Support fund: Prowdes addibonal fuThJing fcr Fi5 pre&kng rnirrfsty trainirvJ. Property fvnd: Promdes for paIrS ar¥J MaIntenan to rywties U4¥nl ty the thurth. Provlslons fund: Promdes for wnergry repar5 to thu Fwrbes and UIpMent Global Irisi( fund: Promdes ftjnds for Missiry vAyk suppmyknj by Youth fund: Prowdes fvnds for Yth VKff
17 HOOK EVANGELICAL CHURCH Registered charity number. 1132505 NOTES TO THE FINANCiAL STATEMENTS {G(Xrt1nd) FOR THE YEAR ENDED 31 MARCH 2024 Restricted fvnds Balance Balance Chad motorbike fvnd Caring for Life HaNest appeal Jog Stcneham fund 145 {145y 120 3,1¥2 1120) 3,192 3.457 Chad molortAke fund: Provides ftjnds forthe purthase of r(ikeS formissic in Chaj. Carlng for Llfo appeal: Promdes funds for the sut¥th (rf CarirvJ fy Life in Leeds. Joe Stoneham support fund: Prom ad(1 fuThJng by thurth frjr ministy trainiry. 2024 2023 Induded Imthin the fgures in note 3 are the staff (y)st&' Wages and salaries Syial Srity wsts Pension costs 78,711 97,(0 4,752 86,039 109,352 Th& av8rage numb8r F$$ 8ry)by&J during Ihe yearwas No empkjyees had emcluments of nKKe than £60,0(M). No tnjstee rwxved ary exper6es f(ff servKW pmided (23. £Nill. Tolal unrestrtÈd donations from trustees arrKxmted to £10.744 (2023: £22,751). The tcéal rUneration of Key ManagThit Pwscffjnel vras £79,296 {2023'. £102.6401.
18 HOOK EVANGELICAL CHURCH R•gistsred chartty number. 1132505 NOTES TO THE FWANCIAL STATEMENTS (c(jntind) F(Xi THE YEAR ENDED 31 IAARCH 2tr24 Anatysis of not assets itvrnon fund8 Cuffent Habiift As at 31 Marth 2024 Nel assets General fijnd Des+Jnated kndg Capilal fvnd 1C(),313 ,338 115,4001 84.913 922,338 3,7).837 3,7,837 As at 31 March 20rJ Netassets Generdl fijnd DeswJned ld$ capi fund 62,140 1.011,470 (7,6401 (60,0(NJI 54,500 951,470 3 024,016 3 024 016 3,024 016 1073.610 67.640 4,029,988 10. Rtslat party tran•actlon$ Durtro ts y8ar. £10,103 (2023.. £9,(MX)) was given lo IrtsKJhL a thafty ofvthith RaOrKI Jam8s18 a trusts8. Paul Pease, a trustee. was emt4oyed and the charity pth £g),40312023'. £49.1 in resFect of his duties as 8 pastor. Thls FeyTnent io a trustee is perntyl by the dmxth rmstitirtion. Gltli[S of£2,640 (223. £2,640) yre also pald.