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 Indep￿￿ent audilor Slaknent off￿￿*)81 athbes 9-10 Balan(* sheet 11 Notss lo the fin￿lia1 statan￿ts 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 wC￿hIp of the Lord's Day and other meeting5 d￿ng Ihe weeK indudirwJ meetings ts thibjren and young pec¥A8. Tnsstees of kYOtwV. The Fe￿￿h1> 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 L￿d 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 Evangel￿1 Church (Ho* CFyJrthl is a)nsl1lu￿ by a twst de&1 dat￿ 24 0(Xoter govemed by constitu1￿n 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 d￿rIta￿e c*4thXs.' Ad￿cement of the Christs'an faith in aco)rdarH* ￿1th the ba8is of faith Frfimaty Ixrt not exi*JsNdy witrin Hook l Tcl*Y>rfh and the surruJTrJirYJ n8I￿b￿rtKKwj 8tKI Such other (hritable purFXJS85 as shall, in tho (Kin1￿ oflhe mawJirKJ tswtees, furtPw the vA)l( oflhe These cbI￿￿Ve5 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 ￿V￿lse$ kxabj in Broc* Road Surbiton Suffey Iff6 5DB. The trustees havo had to the Charity CmimissKJn guIdW￿ and reqL1r￿8nl8 re18ting to beneffts aThJ are satisfi￿ that the thurth's aims and ￿ti￿￿eS 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. s￿l2ryI Wth the eX￿pti￿ of the Past￿, the trustees receive no remuneralion for their services. Trusknes are app)Inled by the churth in a general n*ding hamng satisfied Ihe txb1￿1 prin(XFles for hobjing ¢)ffice. We c£￿tin￿O 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 ￿ Tr￿tal ￿ t￿Y81081 diffi￿1￿8$; and to bless the cijnmunty in vthhth the (*￿rth ￿lIdIng is locat￿1. The thurth Is affiliated to ts Fel0￿￿t￿p of IT￿dent Evangeliral Churches {FIEC) a grou￿r￿3 of over 600 independent evangeli￿1 churc+￿ thr￿gh￿t the UK. The churth c4Y)tributes to wder woth in the UK thr￿gh the MeMbe￿hIp of FIEC. The churth also encwrages interest in and SUPFM)t other Chrfst18n organi8alion8 arKI indi￿dualS vtho seek to advance their Chrrstian failh or urKlertake d￿rtsble worbs #i the UK or overseas. The thurch aciNits85 are financ¥d almost ￿tirelY by the ¥duntary gmng d churth Frffiibers and Otr￿ ￿Ular 8ttendees. The thurdl d(￿ rK)t engage in fundraisin9 athitss. Organlsatlonal stTuthrn The charity is run by the Trustees (Eldws) Pastors, all voted for by a genera d￿rth of Ihe membets of the churth. With the ex(•ion of the Pastorn, all offi(xs, Eklefs afKI Deac(￿5 require a 751J/o vote. If dected, tru8t8&8 Stand for 8 of Ihree years, fdlobwj by wcffiThtion and elec1￿ by members. Trustees me* D3ulady thrOugl￿utthe year. De￿I)nS also meet seFofdtety througlKKrt the year wth an Elder presenl and somelirnes Pastor. Church Mlnl8trkn8. These ministiies a￿ ￿t0 V8ri(xJs slnKknre5 arKI oveTreen by Elder5 aTrJ Pastm under the follcwTr3 ￿ing$. DV&a￿￿1p, GkS)al Ms1￿. E￿9￿18m, Youlh, Prnclx￿l SeN￿S. Discipleship This group of ministhes ndLths Word Mintsty and prayer and we aL80 brOad￿ting every SUr￿aY moming and evening, and aL80 W&Jnesday evening servkx. Ottw nynislries ￿ thks gr￿P i￿knde 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 partIC￿lar gospel bwk over a rnJMk￿r 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 t￿ksta11, music team. prByer meetirwJs, and prayer ryrde5 by tele[thc￿e and swal m￿118 vh￿1 urgent or forth(￿ling prayer is need￿j/reqU8Sted. frI￿shIp 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 le￿n that fonnulates their annua IW and o4ersees the allocation crf that twdgel. It is used to further the Lord's ￿ in areas overseas and v￿thin the UK. Through this luThl we SUPFKWt missionary work in Cha aM(￿st the Dadj'o c(￿MUnty 5US¥X)rtirKJ the d￿k)￿)ert of the Hoty Bible ￿10 their ovm LqrrfJuage to enc￿lage an understandlng of the Christsan faith. We abo surwl mi8s1c￿arl&S in Kogm) and cne cl memterfs works arnc￿g 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 ￿￿v￿ed 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 tr￿t ts thurth promded and SUFWrt th8 MaIntenar￿ of 3 motc* likes ts use by kx41 n1ssi￿rieS anly￿st Dadio Evarbg8llsm The thurch continues to stffead Chrisban faith b as Ir￿Y 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 v￿1r0 b89s in a I￿al 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 de￿gn￿j to reath (%rt n o)mN￿nty to all folk over the age (rf 60 yeats. This indudes o)ffee mLynw￿s. seated exercise, tM)8rd games, talks ¢Jnce a quarter a hjnth. We deliver adverbsing leaflets in tho k¢al ctjThllL￿ty adveitisir¥J fimebss. We also host a ¢))ffee n￿rning for al ages on the first Tuesday of eath month. Al ministn.es reath (Krt into c￿r Ic￿1 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 A￿a courses online using Zoom or kn3ether in churth. Supwrt is also given to The Christian Schools Worker Twst (In￿ght> vthith ￿Kk5 ￿1th1n the kral s(*Kds for Bible sbjdy dasses after5ch)ol nwttngs. Youth Th8 churth has a very well used c*iklrnn'W minSsty #lat $8rv88 th8 kical ¢￿Tr￿nty. Thiq ministy stsrts Icarers group years, Traler in tre day by Kjd's Zone >7 years Ihen CAJr Spectrum 7.11 years ending ith wr ID 9n￿p 11.18 years. We a vaned mir#sty ￿[y￿a all yourwJ ag85 8 Sunthy momiThJ. There is also a valued mwc g￿P inMt&s and encujrw 188nagets instrumenlal and V(￿￿1 skilL8 to pradse and use Ihose skils. Thls gffxjp, recow1￿1 as Sunday Scknl of Rcrk (SSORI. also Fwesents annual a)n￿rtS th income beiry gwen enllrely to a sw)sored c*￿ty. This last year tharibes benefitted Caring frx Life in Leeds and The Morrmng Children's c￿tra in South Africa. Practlcal Ser¥l¢os This ministy covers al actNibes that pyovide suppcKt to the thurch fello￿$hIp enabh'ng all ministiies to function such as: We1Cc￿Ing1SteWdrd11g, fabn'c of I)uthd1￿s, transp(¥t *[m￿s, deaning, aLKlio and visual c£¥nmUnUti￿, Regi51rar, actical care team provide exlra sukwt vthere wired for ¢JJX(Kfrwta transpm aKJ in hc￿se 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 acc￿lanCe wtt) the trust deed. The w)rker5 CQ￿tinu&￿ to be effective in Ihe I￿￿1 area 1*r￿￿t the year arKI to and enc￿r￿gir¥￿ We o)nbnue to exist to spre&J Ihe ChrFsban faith k(al￿, T￿IK)nalty. to hdp thurth member5 With their spiritual or mentsl physical &X1V￿89. and to ccmrninity in th8 d￿rch 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 (X￿S￿1ered the Ma￿)r iisl¢s to the chanty k8 exFK68d arKJ tst systsms hav8 been designed and eSt￿lsh&￿ to mtyte ltrv)se risks. These arB regulaty di$￿sSed at monthty Eld￿3 meeb'rqs. ￿￿erev￿ wssbl8, risk asS8ssm￿t t/￿e￿r￿S are fomiulai8J, to ensure Considerati¢￿ arwj pr*JJ'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 ￿￿UM￿rt is 1xm￿nU81Y r￿SSes￿ 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 d￿ri￿S inc￿18. FO￿￿1 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 n￿leS will be alkKa￿ and voled fc¢ a￿pIance by a show of hJ¥Ys. The dHrty has cTh G8naral Fund Ihat suppyts al *J) lurKIs. Reserves pollcy At the year end, Ihe c*artty had tolal furKlg cl £4,798.088 (2￿23. £4,029.9861. The free reserves on 31 MarL* 2024 were £84,913 (2023.. £54,5(M)). The Trustees aim to keep ￿n￿Lia1 reserves at typ￿IlY three morrth5 expendI￿re. 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 ￿tt￿tieS ￿ that ￿1ClI. In prepaiing those financ4al statements the tFUStees ￿ req￿r￿1 to.. . selec* suttatrAe accounting Fdkies arKI appty them ojnsistentrjr, makejudgemwts a￿1 estimth thai are rea￿a)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 ffin￿al slatem&ts Ihe going basis un￿SS 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[Ky￿1￿￿e 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 C*urth {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 finar￿la1 reFKJrtsng framew(xk that has been apF4bgJ in Ihar preparation is app￿coble taw and Unite(I IfjrKJd￿i Acowntmig StaThJards, i￿lL*￿ing Finanaal ReportiT¥J SLwKlard 102.. The Finanaal Reports'ng Standar(l a￿lCab￿ in Ihe UK RepU￿1C 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￿)un￿r￿￿ Pract￿. have been prepare(l in aLyxwdarK8 Vath the rewirenwts of the Charities kt 2011. Bo818 for oplnlon Wè conducted I￿r audit in a￿OrdanCe ￿ 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 8th￿1 requirements that are relevanl to our audil of tt)e fjnancial slatements in ts UK ￿d￿dIng the FRC'S Eth￿1 Standard and the F¥0ViSi￿$ available for small enlilies and we have ¢)ur other elhical resptThit4lties in acoNdan￿ with tr￿Se reqUir￿￿ts. We telleve thal the audit ewdence VR have ci)tained Is suffldent and appycprlate to provide a b￿5 ￿ 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. Ba￿1 on Ihe work we hav8 P8rforrnod, ￿ have nc* idgntiw any maietial uncert811bes rBlatir¥J to 8V8nts or conditions that, indiwdually cf cc11￿tiv￿Y. 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 autr￿80d ts isgU8. Our resF￿n￿bilItieS and the reSpo￿lti1rtw of the truslees rwecl to gdrKJ (xxthm are des(￿l￿d in the ￿thnt $￿ty'On9 of this ￿￿K¥L Other Informatlon The other inf0m￿ti￿ (xynprises the IrfLYmatic￿ induded in the annual rewt indudirvJ the trustees, rep(rt other than the financial statements and c￿r al￿1t&S reFM)rt lher￿n. 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 rK*t exwess any fcffli of assurance L¥Jndusi￿ tr*r￿n. Our re5F(￿SIt￿Ity is to read the olher 1nfoTrnalj(￿ aTrd. in (k¥￿ so. ([￿sider the other Infc¥Mati(￿ is materiaty inconsist￿1 ￿ the ffinan￿al statements ￿ our knowledge obtained Nl the of th8 audit or otr￿se a[Yea￿ to be rr￿enalty 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, UjKI￿Je 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 kn￿edge 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 reL￿ti￿ 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 re￿iVed from branches nol vistted by us.. or the financial statements are not in agreement with the aa￿unting records and retums., or rtain disdosures oflrustees. ￿unera￿'[￿ sp&)fied by L3w are not made., or we have not all the inf(Kmation and eX￿nall0n$ we require for our audiL Responsibilities of the trustees As explained more fijlty in the trustees, respon￿bIl[￿.eS statement. the trust*s 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 n￿SSary 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)n￿M, disdosing, as apF￿￿￿e, matter5 re￿ed to going (￿n￿M and u&ng the going ￿n￿M 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 sec*on 145 and re￿rt in aCcOrda￿e 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 h￿h level of assuran￿, t￿rt is not a guarantee that an audtt ¢￿ndUcted in aLxordance wilh ISAS (UK) wil a￿ayS deted a material misstatement when it VAiSts. Misstatements can arise frdud or enTJr and are consKIe￿I material rf, indNidually or in the aggregate, they could reasonabty be exp￿ded 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 n￿terial 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 I￿aUd￿, kxrt were not limited lo challeThJing significant accounbng estimates, reviewng legacy o)rrespondence. agreeing finanaal stalement disdosures to undettying SUPtx)rbng d(￿UMentation. ida￿lfyIng and lesting ioumal entries. revi￿ng Trust￿s. minutes and evaluating the charty's intemal controls. HOOK EVANGELICAL CHURCH Registered charity number 1132505 REPORT OF THE INDEPENDENT AUtirroR TO THE TRUSTEES {￿lIn￿d) YEAR ENDED 31 MARCH 2024 Audliorfs respon8lbllltlos for the audlt of tho Ilnanclal stateM￿ts (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 t￿ne awaré of ncffivenwnl 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 nUffl￿r. 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,Oc￿l 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{expendl￿ro} 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 Tangl1￿e 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￿- Ern￿o￿T￿ent Allu•￿ Debtors- *acy r￿vabKry 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 trw*ees on 20 D￿errthr 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￿ d￿lity 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'. "kn￿ntir¥J ReFKwtsng by Charibes" the Statem￿rt 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 wep8￿1 in sterling, whith is th8 functional rAvrnnry of ts ctsnty. Vthetsry amounts in these finanoal 8taiernents are roufKled to th8 r￿est £ Th8 ffinaThial statements have b8en uTrJer the hstorb￿l 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 ￿L￿rn basis of ntirKJ in FryarirvJ the firwioat slatements. In¢¢)mo Offwings and dOnatiC￿ are irKluded as r￿xIpts 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 T￿tfied ofthe receipt aTKI the amount n be quantifth V￿th rea8(￿able Rentsl 18 Ixedrted ￿rIaL40 ExP•ndI￿ré Exp￿ditUre 18 *>))Jnled an ￿x￿13 bas8. Dlrect Ltsritable eXp￿d￿re ¢)ynpnses al exwdilure dirth relabj to the th8 church. manag￿n￿l and adminlstration ewses ccwnFMise expe￿11￿ related to the c4xt of cW*FIan￿ *ryth str￿￿y r￿4￿rem￿ts. 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 s￿lTEd wrposes are record￿ in de￿gnated furKls, but it is a c(mdition of recervlThJ such that they are ￿nS￿lered to be unrestricted and can b8 us&J for any asF*d 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 depBCa8￿l a stra*3ht4ne basis over S) years, therè the Cal￿ng value is thv8 th8 estimated resdual. Olherfixed assets are dery￿at8d ￿ 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.bulal￿e 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 statem￿11 of Financial kknb'e5. Flnancial instruments The charity onty has f￿vIC181 assets liabl￿e$ ￿ a kiKI that qua¥fy as tO5ic fmnrial instruments. Baslc finarKxal instnJments are bjalty rwnwl at Iratsadicm value ￿K1 are subSequ￿ty rnasur&J at selffwnent Va￿e. 13 HOQK EVANGELICAL CHURCH Reglstered chaiity number. 1132505 NOTES TO THE FINANCIAL STATEMENTS IcMlln￿dN F{￿ THE YEAR ENDED 31 MARCH 2ff24 h Stocks No Val￿ i8 attritrrtrted to the value ofbcyjk rorm stCN*8. 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 Of0p￿1r¥j the d8P)S Curront Ilabllltl•8 Creditor5 and prowsirMs are recoJni*l 4there the tharity has a preserrt thIgatiC￿ arising from a past event that will PTobabty resum in the tr￿sfer of funds to a thwd party and the wrKXmt due lo settle Ihe (i)I￿all￿ can be measured cff eslimated r8asonatty. Creikn and are rwised attsr settIen￿t amolrt Voluntsry Inc4xn• Gonernl D85igna& Capltsl nd ed fimds rund Total 2024 Total 2023 •d lund General fijnd Carirg for Llfe fund Joe SIc￿ehaM 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#￿- thurc*i t￿Idn9 Deprectatk)n. hwses DeFThJalK)n. otsr fix￿1 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 In1err￿tK￿aI Rev T Neale ￿aV￿g grft Sama*ilan'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 A￿leS 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 dilJC￿S 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 Mk*all FRICS of Sneller C(xnmer(xal as at 31 March 2024. Cxher trMJibJings b￿re ￿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 rwrfa1u￿J 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 fu￿1 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 d￿gnat￿l lur¥J bakin￿ ap18S8 than or mcY8 than th8 amc*Jnt 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 deS￿￿ted 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 fu￿re fflinist￿5 S￿ri￿d 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&kn￿g rnirrfsty trainirvJ. Property fvnd: Promdes for ￿paIrS ar¥J MaIntenan￿ to rywties U4¥n￿l ty the thurth. Provlslons fund: Promdes for wnergry repar5 to thu￿ Fwrbes and ￿UIpMent Global Irisi(￿ fund: Promdes ftjnds for Missi￿￿ry vAyk suppmyknj by Youth fund: Prowdes fvnds for Y￿th VKff 17 HOOK EVANGELICAL CHURCH Registered charity number. 1132505 NOTES TO THE FINANCiAL STATEMENTS {G(Xrt1n￿d) 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 S￿rity 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 r￿Uneration 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(jntin￿d) F(Xi THE YEAR ENDED 31 IAARCH 2tr24 Anatysis of not assets i*tvrnon 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 DeswJn*ed l￿d$ 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 Ra￿￿OrKI 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. G￿l￿t￿li[￿S of£2,640 (2￿23. £2,640) y￿re also pald.