DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 **HOPE COMMUNITY CHURCH (1134290)** _**FINANCIAL STATEMENTS**_ ## **HOPE COMMUNITY CHURCH** ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 30 SEPTEMBER 2020 Charity Number: 1134290 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 ## **HOPE COMMUNITY CHURCH (1134290)** |**CONTENTS**|| |---|---| |Legal and administrative information|3| |Report of the trustees|4 – 10| |Independent examiners’ report|11| |Statement of financial activities|12| |Balance Sheet as at 30 September 2020|13| |Notes to the Financial Statements for the year ended 31 December 2020|14| 2 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 _**FINANCIAL STATEMENTS**_ ## **HOPE COMMUNITY CHURCH (1134290)** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **Status:** Hope Community Church (Hope) was created by a trust deed in July 2000 as a member of the Congregational Federation of England and Wales (CFEW). It is also a registered charity (number 1134290). Hope operates from the Hope Chapel site in Hotwells, Bristol. The elders are the managing trustees and the Congregational Federation is the custodian trustee of the property. Hope Community Church’s HM Revenue and Customs charity reference is XR32133. ## **Managing Trustees** : The managing trustees are the elders who, at the start of the year covered by this report, were: Chris Bond Alice Bond Paul Gibson (Treasurer) Rachel Gibson Richard Stansfield (Chair) Vicky Stansfield Andrew Stansbury and Rebekah Stansbury joined the elder team and became trustees when they began their role as associate pastors. A new team of trustees/elders was prayerfully appointed in February 2020 and the new managing trustees are: Chris Bond Alice Bond Andrew Stansbury Rebekah Stansbury Peter Westbury (Chair) Helen Westbury Esther Lambert Rosh John (Treasurer) Joyceline Dsouza ## **Address:** Hope Chapel, Hope Chapel Hill, Hotwells, Bristol, BS8 4ND. ## **Independent Examiner:** Joshua Kingston ACA Burton Sweet Chartered Accountants, The Clock Tower, 5 Farleigh Court, Old Weston Road, Flax Bourton, Bristol BS48 1UR. ## **Bankers:** Charities Aid Foundation Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ. 3 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 ## **HOPE COMMUNITY CHURCH (1134290)** ## **REPORT OF THE TRUSTEES** The trustees present their report and the financial statements of the charity for the year ended 30 September 2020. ## **Objects and Activities** The objects of the charity are as follows: The principal purpose of the church is the advancement of the Christian faith according to the principles and usages for the time being of congregationalism and in accordance with any specific requirements in the foundation trusts. The church may also advance education, relieve need and carry out other charitable purposes in the United Kingdom and other parts of the world. The charity’s trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duty. ## **Vision** Hope's vision is to seek God's kingdom through the pursuit of four key objectives known as Hope’s Four Dreams: - To be a prayer centre for the city. - To be a family for people on the margins of society. - To be a church that children love. - To be at the heart of the community. These dreams sharpen our focus as a church, recognising that we are part of a wider church in the city of Bristol and serve the city best when we focus on our strengths and the specific areas to which God has called us. Most members _**Hope's Four Dreams painted on the foyer wall at Hope Chapel**_ of Hope have been drawn to the church because they are passionate about one or more of the dreams or because they are drawn to the culture of the church, which in itself has been shaped by these dreams ## **Organisation** During the year the staff team was as follows: **----- Start of picture text -----**
Chris Bond Pastor (full time)
Andrew Stansbury Associate pastor (part-time job share)
Rebekah Stansbury Associate pastor (part-time job share)
Hannah Lehmann Administrator (4 days per week)
Aaron Mathias Caretaker (15 hours per week)
Claire Collins Finance Administrator (1 day per week)
Charlie Carron Youth Pastor (2.5 days per week)
**----- End of picture text -----**
Alice Bond is lay pastor working in a voluntary capacity. 4 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 ## **HOPE COMMUNITY CHURCH (1134290)** Hope operates to a large extent as a volunteer organisation and much of the work of the staff team is supporting and facilitating the work of volunteers. Most of the volunteers are members of Hope (see below) or people who worship at Hope but have not formally become members. Each Sunday service involves approximately 20 volunteers in addition to the employed pastors, on teams including hospitality, worship & PA, welcoming, and the different children’s groups. The elders who served during the year and to the date of this report are listed on page 1. The pastors and associate pastors of the church are elders ex officio. The other elders are members of Hope who have been nominated and appointed by the members of the church to serve as elders for a term of three years. The elders are the key management personnel of the charity. ## **Activities in 2019-2020** Hope pursues its vision through: 1. Gathering as a whole church in a single Sunday morning service to worship God and to inspire and equip church members and those seeking God (this is deliberately one service that brings together people of all ages and many different social backgrounds). 2. Running various mid-week ministries in Hope Chapel and around the city. 3. Fours, discipleship courses and events. 4. Encouraging members that their homes, workplaces and local communities are settings for all to advance the Christian faith in a wide variety of ways. 5. Sending and supporting mission partners locally, nationally and internationally. ## **1. Sunday Gatherings** 2020 has been a surprising year. Halfway through our financial year, the Coronavirus pandemic struck and this led us, along with people across the globe, to have to quickly respond to social distancing and working remotely. We had to move to our Sunday Gatherings being done via a livestream and this has continued throughout the 2[nd] half of the financial year. Whilst not being able to gather together each week has been a significant challenge, it has also been a fertilizer for growing faith in the home. As a church we have felt God getting our attention that the home is the primary place of discipleship. Whether we live on our own, with friends or with family, how real our faith is at home is the starting place and the heartbeat of true discipleship. We have tried to embrace the discomfort of not being able to be together by focussing on how we can each grow in our direct connection with God and live from this intimate connection with Him. Staying connected to our 4 dreams whilst navigating the pandemic has been key for us. One of our dreams, to be a church that children love, has been invested in this year through the appointment of a part-time youth pastor, Charlie Carron. Charlie joined us with a wealth of youth work experience and has been an excellent addition to the family here at Hope. His job is not to do our youth work for us, but to lead the church in investing in our youth together. Charlie joined us in February 2020 and had four Sundays before #1 lockdown, and so he has had to build relationship with our young people and their parents remotely, which has not been an easy task. Charlie has focussed on running youth groups on Zoom on Sunday evenings as well as, when restrictions allowed, running various youth groups on the church grounds. Charlie’s post is being funded by two, three-year grants that we are incredibly thankful for. As elders, we are thankful to God for providing such a quality Youth Pastor. 5 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 ## **HOPE COMMUNITY CHURCH (1134290)** ## **2. Mid-Week Ministries (Hope’s Boats)** Hope’s mid-week ministries are listed below under the other dreams to which they relate. In line with the ‘Beach and Boat Vision’ these ministries are described as ‘boats’, communities of Hope members who are together on a missional **----- Start of picture text -----**
purpose as shown in the drape that hangs in the hall in Hope Chapel.
**----- End of picture text -----**
_**Beach & Boat Vision drape, showing how Hope operates as a church. Members gather on the beach to worship and pray together and commission the boats which then go out 'on mission'.**_ _Mid-week ministries relating to Hope’s dream - to be a prayer centre for the city:_ - Tuesday Prayer Day – every Tuesday morning Silas and Annie Crawley host a prayer school with extended worship and prayer ministry appointments. Thirty to forty people attend each week from Hope and other churches across the city. - One Church One Day – monthly 24 hours of prayer for Bristol with each hour of prayer hosted by a different person or people from within Hope. These are carried out through in a wide variety of styles including corporate sung worship, Taize prayer, prayer through drama for children, prayer through liturgy and more, and focuses both on petitioning God for His Kingdom, as well as seeking His presence. It is often difficult to identify the impact of such prayer, but we strongly believe that our prayers are powerful and effective and play a crucial role in seeing Bristol renewed by God’s Spirit and in seeing Hope as a church flourish. - - - RENEW fitness and prayer – weekly hour of prayer during exercise. - Other ad hoc prayer events such as visits from YWAM and Korean prayer teams. - Many regular prayer meetings for different areas of life and the city. The prayer centre is accessible 24/7 for known individuals and groups, and is equipped with shower, kitchen and other resources needed for hosting prayer gatherings of up to 50 people. _Mid-week ministries relating to Hope’s dream - to be a family for people on the margins of society:_ - Hope On Wednesday – discipleship group for (mostly) men with backgrounds in addiction. - Celebrate Recovery – a Christ-centred 12 Step group for people with addictions and life altering behaviours. - Stapleton Road service for the homeless – run by Esther Lambert at Stapleton Road Congregational Church on a Wednesday lunchtime. - Mentor Me – a Bristol ministry under the umbrella of Sixty-One that connects people due to leave prison with a mentor who can support them as they adapt to life outside prison. Several people within Hope serve as mentors. 6 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 ## **HOPE COMMUNITY CHURCH (1134290)** - Food Bank – Hope Chapel is an outlet for the Trussell Trust North West Bristol Foodbank; a Hope team host the Food Bank and a café each Wednesday morning. - Winter Night Shelter – for six nights across six weeks each winter Hope joins with other churches across Bristol in providing a meal, bed and friendship for up to twelve homeless guests. - Soup Run – as part of the Bristol Churches Soup Run, a Hope team takes soup to the homeless on one night each month. _Mid-week ministries relating to Hope’s dream - to be a church that children love and Hope’s dream - to be at the heart of the community:_ - Aside from the involvement of children on Sundays, Little Stars toddler group meets every Friday morning and welcomes about 40 local families who find friendship and encouragement alongside the joys and challenges of parenting young children. In order to prevent transmission of Covid 19, Alice Bond (who runs the group) decided to stop running Little Stars completely in March 2020. This decision will be reviewed when the Covid 19 pandemic has been sufficiently resolved as to ensure a team from Hope Chapel can host a community toddler group safely - During the Coronavirus pandemic, we have run youth groups, as mentioned above, and older children’s sports club. - Partnership with Hotwells Primary School, sharing Hope Chapel for the annual Year 6 play, carol service, harvest festival and more. - Hope also leases the building to outside organisations that are not necessarily Christian but that are beneficial for the local community, including an NHS baby clinic, a Tango club, the annual Hotwells Pantomime (4 nights of performance each March with more than 1,000 local people performing and watching), local orchestra, other ad hoc events. ## **3. Fours, Discipleship Courses and Events** - Members of Hope are encouraged to be part of ‘4s’ – these are small groups of 3 or 4 people who meet regularly to pray together and encourage each other in their Christian life. - Men’s breakfast continues as a monthly early morning meeting (now on Zoom) - The annual Living Free course was delivered online and had more than 90 delegates - We are also planning a Parenting for Faith course early in the new year to help equip parents to disciple their children at home. ## **4. Homes, Workplaces and Local Communities** Hope’s roots are in Congregationalism. This Christian denomination emphasizes the ‘priesthood of all believers’ and ‘every member ministry.’ These biblical concepts from 1 Peter 2, 1 Corinthians 12 and Ephesians 4, teach that every Christian should participate in the life of the church. This is not a privilege reserved for ordained clergy. Furthermore, the church is not confined to services or certain times and places, but is designed to bring the presence of Jesus into every area of life. Archbishop William Temple said in 1944 “We are convinced that England will never be converted until the laity use their daily opportunities afforded them in their various crafts and workshops.” In light of this, a significant emphasis is given within the life of the church to members’ homes, workplaces and local communities as their places of godly influence and ministry. ## **5. Sending and Supporting Mission Partners Locally, Nationally and Internationally** - Jonathan and Helen Lee continue in their work locally and nationally. - Roger and Angie Allen continue in their work enabling church unity and partnership through the different spheres of life across the city of Bristol. - James and Sally Harding have moved to the Parachute Regiment in James’ capacity as a padre within the British Army. - Andy and Sophie Hunter continue with their work with the Society of St Stephen (and Jackie Pullinger) in Hong Kong. - Laura Caddell has moved returned from South Sudan this year after working there with Medair. - Sarah Parsons-Winter has made several trips to Kenya, supporting churches there. - Hope is supporting Silas and Annie Crawley in their development of prayer within Bristol. - This year we have also donated towards In Ministry to Children (IMC) in Colombia, as 2 church members, George & Krissy Tapp, have close ties to the charity. 7 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 **HOPE COMMUNITY CHURCH (1134290)** ## **Church Membership** Those attending the church, who subscribe to its values and beliefs, and who feel called and committed to the church are encouraged to become ‘members’ of Hope. Adults can become members through having their names put forward at a church meeting and are then invited to become members of the church by making a public commitment before the congregation and are welcomed into church membership. The commitment of church membership is an agreement to live within the community of the church in the sharing of time and resources and to live in accountable relationships with each other. Membership of Hope Church enables individuals to have a say in the running of the church by attending and voting at church meetings and contributing to the election of the church leadership team. Church membership number has reduced slightly from 119 to 116 this year. As usual there have been a number of people joining and moving on from Hope. ## **Trustee and Members’ Meetings** Church members vote to appoint ‘elders’ who oversee the church. These are also the trustees of the charity. The elders have met fortnightly through 2019-2020 for meetings that combine the charity’s governance with the spiritual leadership of the church. Matters that were relevant to members for decision making were brought to members’ meetings. Three members’ meetings were held this year. Rachel Gibson, Paul Gibson, Richard Stansfield and Vicky Stansfield stepped down as elders in February 2020 after three years as elders. The church made a point in thanking them for the time they poured into being elders and the leadership they brought to the church. They were all exceptional elders. 5 new elders were elected in February 2020 to form a new eldership team alongside the Pastors and Associate Pastors: ## **Esther Lambert** ## **Rosh John** ## **Joyceline Dsouza** ## **Peter Westbury** ## **Helen Westbury** Elder meetings have also included regular governance issues such as reviewing the church finances, safeguarding and other matters. ## **Building Hire** Some local community groups hire the church building for events and regular meetings. These all provide some additional income to the church. We enjoy a mutual relationship with Hotwells Primary School with them using Hope Chapel for various events and Hope using their hall and green space for children on a Sunday morning. It has been a particular privilege to be able to continue hosting the food bank and the Well Child clinic during the pandemic. 8 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 **HOPE COMMUNITY CHURCH (1134290)** ## **Reserves & Financial Position** Total general fund income increased by 2% while general fund expenditure increased by 11%, resulting in a general fund surplus for the year before transfers of £19,467 (2018/19: £31,833). Restricted funds income amounted to £92,538 and total restricted funds expenditure was £23,683. Total net assets at 30 September 2020 amounted to £161,066, an increase of £92,942 from prior year. Total restricted funds at 30 September 2020 were £86,498, unrestricted funds were £68,742. The reserves policy adopted by the members is to keep cash balances held in unrestricted funds in the range from £10,000 to £40,000. These cash balances are expected to be sufficient to accommodate short-term cash flow fluctuations, but the church does not seek to generate substantial surpluses or to build up excessive reserves. At 30 September 2020, cash balances held total to £151,750, which represents an increase of £86,887 from 2019.However this increase is due to restricted donations related to building improvements. Please see note 2 of the accounts for further details. Following a Quinquennial report in July 2018, a major overhaul of the chapel’s gutters and the installation of an access safety wire were recommended. Following a fundraising drive in November 2019, we have raised the funds needed to complete these major works, estimated to cost £113,000 +VAT. Alongside this we are also installing solar panels on the building, at a cost of £22,000. We anticipate our cash balances to return to the target range before the next financial year end on completion of the works related to the building project. ## **Going concern** The trustees have considered the going concern status of the charity and conclude that there are no material uncertainties affecting the ability of the charity to continue as a going concern. This has also been considered in the context of Covid-19 and the cash position at the date of signing along with future cash projections. 9 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 **HOPE COMMUNITY CHURCH (1134290)** ## **Statement of Trustees’ Responsibilities** The trustees are responsible for preparing the trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales 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 charity and of the income and expenditure of the charity for that period. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - make judgments and accounting estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the charity’s governing document. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. By order of the trustees on 24 February 2021 **----- Start of picture text -----**
Rosh John Chris Bond
**----- End of picture text -----**
**Treasurer Pastor** 10 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 **HOPE COMMUNITY CHURCH (1134290)** ## _**Independent Examiners’ Report on the Financial Statements**_ ## _**For the Year Ended 30 September 2020**_ I report to the trustees on my examination of the financial statements of Hope Community Church (the charity) for the year ended 30 September 2020 which are set out on pages 10 to 18. Responsibilities and basis of report As the charity trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner’s statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - accounting records were not kept in respect of the charity as required by section 130 of the Act; or - ● the financial statements do not accord with those records; or - the financial statements do 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 financial statements 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 financial statements to be reached. Joshua Kingston ACA Burton Sweet Chartered Accountants The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR Date: 24 February 2021 11 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 ## **HOPE COMMUNITY CHURCH (1134290)** **----- Start of picture text -----**
STATEMENT OF FINANCIAL ACTIVITIES
Note Unrestricted Restricted Total Funds Total Funds
Funds Funds 2020 2019
£ £ £ £
Income from:
Donations and legacies 2 159,212 92,538 251,750 144,792
Charitable activities 3 10,653 - 10,653 23,282
Investments - - - 59
Total Income 169,865 92,538 262,403 168,133
Expenditure on:
Charitable activities 4 150,398 23,683 174,081 143,910
Total Expenditure 150,398 23,683 174,081 143,910
Net income / (expenditure) 19,467 68,855 88,322 24,223
and net movement in funds
Total funds at start of the 49,275 17,643 66,918 42,695
year
Total funds at end of the year 68,742 86,498 155,240 66,918
**----- End of picture text -----**
The charity has not recognised gains or losses other than the results for the year as set out above. All activities are classed as continuing The comparative statement of financial activities is shown in note 10 12 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 ## **HOPE COMMUNITY CHURCH (1134290)** **----- Start of picture text -----**
BALANCE SHEET
AT 30 SEPTEMBER 2020
Note 2020 2019
£ £
Fixed assets
Tangible fixed assets 11 2,826 3,261
Current assets
Debtors 12 9,316 5,472
Cash at bank 151,750 59,391
161,066 64,863
Creditors: Amounts failing 13 (8,652) (1,206)
due within one year
Net current assets 152,414 63,657
Net assets 155,240 66,918
Funds
Unrestricted 14 68,742 49,275
Restricted 14 86,498 17,643
155,240 66,918
**----- End of picture text -----**
These financial statements were approved by the trustees on 24 February 2021 and are signed on their behalf by: Rosh John Chris Bond Trustee Trustee 13 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 **HOPE COMMUNITY CHURCH (1134290)** _**FINANCIAL STATEMENTS**_ ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020** ## **1. Accounting policies** The accounting policies adopted in the preparation of the financial statements, which have been consistently applied to all periods presented in these financial statements unless stated otherwise, are set out below. ## **a) Basis of preparation** The financial statements have been prepared under the historical cost convention and in accordance with the Charities Act 2011, FRS 102 and the Charities Statement of Recommended Practice (FRS 102). The trustees have considered the implications of the Covid-19 pandemic in assessing the charity’s ability to continue as a going concern. The trustees conclude that there are no material uncertainties in this regard. Please see the trustees report for further details. The charity is a public benefit entity. ## **b) Income** Income from donors is included within income when receivable, except as follows: i) When donors specify that donations given to the charity must be used in future accounting periods, the income is deferred until those periods. ii) When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred until the pre-conditions have been met. Donated services and facilities are included at the value to the charity where this can be quantified. ## **c) Expenditure** Expenditure is recognised on an accruals basis and has been classified under headings that aggregate all costs related to that category. Expenditure includes attributable VAT that cannot be recovered. Governance costs which are included within support costs of charitable activities include all those costs associated with meeting the constitutional and statutory requirements of the charity and include independent examination fees and costs linked to the strategic management of the charity. ## **d) Tangible fixed assets and depreciation** Tangible fixed assets costing more than £100 are capitalised and included in the balance sheet at cost including any incidental expenses of acquisition. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows: Equipment 25% per annum reducing balance ## **e) Debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any discounts due. ## **f) Creditors** Creditors and provisions are recognised where the charity has a present obligation resulting 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 reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due. ## **g) Unrestricted funds** General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. ## **h) Restricted funds** Restricted funds are funds which are to be used in accordance with the specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. 14 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 _**FINANCIAL STATEMENTS**_ ## **HOPE COMMUNITY CHURCH (1134290)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020** ## **2. Donations** |**.**
**Donations**|| |---|---| |Regular donations
Buildings
Youth Worker Grant
Donations for Hardship Fund
One-off donations
Gift aid|**Unrestricted Funds**
**Restricted Funds**
**Total**
**Total**
**£**
**£**
**£**
**£**
**2019-20**
**2018-19**
**2019-20**
**2018-19**
**2019-20**
**2018-19**
129,081
109,044
-
-
129,081
109,044
-
-
74,901
-
74,901
-
-
-
14,000
-
14,000
-
-
-
3600
-
3600
-
3,306
13,054
37
580
3,343
13,634
26,825
22,039
-
75
26,825
22,114| ||**159,212**
**144,137 **
**92,538**
**655**
**251,750**
**144,792 **| ## **3. Income from charitable activities** |**.**
**Income from charitable**|**activities**|**activities**||||| |---|---|---|---|---|---|---| ||**Unrestricted Funds**||**Restricted Funds**||**Total**|**Total**| |||**£**||**£**|**£**|**£**| ||**2019-20**|**2018-19**|**2019-20**|**2018-19**|**2019-20**|**2018-19**| |Conferences and courses|158|11,584|-|-|158|11,584| |Rental income|7,759|9,903|-|-|7,759|9,903| |HMRC Job Retention Grant|1,503|-|-|-|1,503|-| |Little Stars|356|836|-|-|356|836| |Bristol Night Shelter|-|-|-|600|-|600| |Other income|877|359|-|-|877|359| ||**10,653**|**22,682**|**-**|**600**|**10,653**|**23,282**| |**.**
**Expenditure on charitable activities**||||||| ||**Unrestricted Funds**||**Restricted Funds**||**Total**|**Total**| |||**£**||**£**|**£**|**£**| ||**2019-20**|**2018-19**|**2019-20**|**2018-19**|**2019-20**|**2018-19**| |Grants (note 5)|14,890|13,560|1,035|655|15,925|14,215| |Staff salaries and payroll|105,395|76,461|8,736|-|114,131|76,461| |costs (note 8)||||||| |Building Improvements|-|-|13,496|5,818|13,496|5,818| |Pastoral expenditure|503|810|-|-|503|810| |Hospitality (including Sunday|1,489|3,310|-|-|1,489|3,310| |breakfasts)||||||| |Conferences and courses|1,566|12,390|-|-|1,566|12,390| |Under 18s|1,632|1,241|-|-|1,632|1,241| |Training|-|1,715|-|-|-|1,715| |Hope on Wednesday|-|-|416|1,653|416|1,653| |Prayer centre|-|-|-|139|-|139| |Bristol Night Shelter|210|-|-|600|210|600| |Support Costs (note 6)|24,713|25,558|-|-|24,713|25,558| ||**150,398**|**135,045**|**23,683**|**8,865**|**174,081**|**143,910**| ## **4. Expenditure on charitable activities** 15 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 _**FINANCIAL STATEMENTS**_ ## **HOPE COMMUNITY CHURCH (1134290)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020** ## **5. Analysis of grants** |_To institutions_
Churches City Fund
Mentor me
Unseen
Interserve
Crisis Centre
Ministries(InHope)
The George Muller
Charitable Trust
SixtyOne
Congregational Federation
Links International
Designated gifts
_To individuals_|**Unrestricted Funds**
**Restricted Funds**
**Total**
**Total**
**£**
**£**
**£**
**£**
**2019-20**
**2018-19**
**2019-20**
**2018-19**
**2019-20**
**2018-19**
2,250
-
-
-
2,250
-
-
600
-
-
-
600
-
600
-
-
-
600
1,800
1,350
-
-
1,800
1,350
3,500
2,850
-
-
3,500
2,850
500
600
-
-
500
600
340
340
-
-
340
340
-
500
-
-
-
500
500
-
-
-
500
-
-
-
-
655
-
655
-
6,000
6,720
1,000
-
7,000
6,720| |---|---| ||**14,890**
**13,560**
**1,000**
**655**
**15,890**
**14,215**| ## **6. Support costs** |Insurance
Heat, light and water
Cleaning
Equipment
Repairs and maintenance
Memberships
Security, health and safety
Telephone
Postage, printing and
stationery
Depreciation
Bank charges
Licenses, legal and
professional
Sundry
Governance costs|**Unrestricted Funds**
**Total**
**Total**
**£**
**£**
**£**
**2019-20**
**2018-19**
**2019-20**
**2018-19**
2,551
2,600
2,551
2,600
7,812
7,779
7,812
7,779
891
1,216
891
1,216
607
1,009
607
1,009
2,141
3,733
2,141
3,733
990
712
990
712
1,190
1,272
1,190
1,272
1,416
979
1,416
979
1,816
1,443
1,816
1,443
891
1,087
891
1,087
60
60
60
60
938
1,485
938
1,485
1,812
1,163
1,812
1,163
1,598
1,020
1,598
1,020| |---|---| ||**24,713**
**25,558**
**24,713**
**25,558**| |**7.**
**Net income for the year**
This is stated after charging:
Depreciation
Independent examination fee
**8.**
**Staff Costs**
The aggregate payroll costs were:
Wages and salaries
Social security costs
Pension costs|**2019-20**
**2018-19**
**£**
**£**
891
1,087
1,068
1,020| |---|---| ||**2019-20**
**2018-19**
**£**
**£**
84,300
70,422
17,236
2,260
12,595
3,779| ||**114,131**
**76,461**| No employee received emoluments of more than £60,000. The average monthly headcount of employees during the year was 6 (2019: 5) The total employee benefits received by key management personnel in the year was £69,903 (2019: £46,665). 16 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 **HOPE COMMUNITY CHURCH (1134290)** _**FINANCIAL STATEMENTS**_ ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020** ## **9. Taxation** The charity is exempt from Corporation Tax on its charitable activities. ## **10. Comparative statement of financial activities** |**Income from:**
Donations and legacies
Charitable activities
Investments
**Total income**
**Expenditure on:**
Charitable activities
**Total expenditure**
**Net income/ (expenditure) and net**
**movement in funds**
Total funds at 1 October 2018
**Total funds at 30 September 2019**|**Unrestricted**
**Funds**
**Restricted Funds**
**Total Funds**
**2019**
**Total Funds**
**2018**
**£**
**£**
**£**
**£**
144,137
655
144,792
144,816
22,682
600
23,282
17,806
59
**-**
59
13| |---|---| ||**166,878**
**1,255**
**168,133**
**162,635**| ||135,045
8,865
143,910
162,851| ||**135,045**
**8.865**
**143,910**
**162,851**| ||**31,833**
**(7,610)**
**24,223**
**(216)**
17,442
25,253
42,695
42,911| ||**49,275**
**17,643**
**66,918**
**42,695**| ## **11. Tangible fixed Assets** |**Cost**
At 1 October 2019
Additions
At 30 September 2020
**Depreciation**
At 1 October 2019
Charge for the year
At 30 September 2020
**Net book value**
At 30 September 2020
At 30 September 2019|**Equipment**
**Total**
**£**
**£**
22,685
22,685
456
456| |---|---| ||**23,141**
**23,141**| ||19,424
19,424
891
891| ||**20,315**
**20,315**| ||**2,826**
**2,826**
**3,261**
**3,261**| The church buildings comprise Hope Chapel. The Congregational Federation of England and Wales is the holding (custodian) trustee for all the above property. The elders of Hope Community Church became the managing trustees in October 2002. The very specialist nature of the church buildings makes it difficult to assess a meaningful market value and the trustees have decided not to include the value in the balance sheet. However, as a guide, the buildings insurance value is in the region of £3,000,000. We note that this is a departure from the Charity SORP and will look to include a valuation of Church Buildings in the following years accounts. ## **12. Debtors** |**2.**
**Debtors**|| |---|---| |Other debtors|**2020**
**2019**
**£**
**£**
9,316
5,451| ||**9,316**
**5,451**| 17 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 _**FINANCIAL STATEMENTS**_ ## **HOPE COMMUNITY CHURCH (1134290)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020** |**13.**
**Creditors: Amounts falling due within one year**
Other creditors
Taxation and social security
**14. Movement in Funds**
Year ended 30
September 2020
**01-Oct-19**
**Income**
**Expenditure**
**£**
**£**
**£**
**Restricted Funds**
Buildings
16,780
74,901
13,495
Youth Worker Grant
-
14,000
8,736
Prayer Centre
-
-
-
Hope on Wednesday
863
-
416
Bristol night Shelter
-
-
-
Designated Gifts
-
37
-
Donations for Hardship
Funds
-
3,600
1,035
**17,643**
**92,537**
**23,682**
**Unrestricted Funds**
General Funds
49,275
169,865
150,398
**49,275**
**169,861**
**150,396**
**Total Funds**
**66,918**
**262,403**
**174,081 **
Year ended 30
September 2019
**01-Oct-18**
**Income**
**Expenditure**
**£**
**£**
**£**
**Restricted Funds**
Prayer Centre
139
-
139
Hope on Wednesday
2,516
-
1,653
Buildings
22,598
-
5,818
Bristol night Shelter
-
600
600
Designated Gifts
-
655
655
**25,253**
**1,255**
**8,865**
**Unrestricted Funds**
General Funds
17,442
166,878
135,045
**Total Funds**
**42,695**
**168,133**
**143,910**|**13.**
**Creditors: Amounts falling due within one year**
Other creditors
Taxation and social security
**14. Movement in Funds**
Year ended 30
September 2020
**01-Oct-19**
**Income**
**Expenditure**
**£**
**£**
**£**
**Restricted Funds**
Buildings
16,780
74,901
13,495
Youth Worker Grant
-
14,000
8,736
Prayer Centre
-
-
-
Hope on Wednesday
863
-
416
Bristol night Shelter
-
-
-
Designated Gifts
-
37
-
Donations for Hardship
Funds
-
3,600
1,035
**17,643**
**92,537**
**23,682**
**Unrestricted Funds**
General Funds
49,275
169,865
150,398
**49,275**
**169,861**
**150,396**
**Total Funds**
**66,918**
**262,403**
**174,081 **
Year ended 30
September 2019
**01-Oct-18**
**Income**
**Expenditure**
**£**
**£**
**£**
**Restricted Funds**
Prayer Centre
139
-
139
Hope on Wednesday
2,516
-
1,653
Buildings
22,598
-
5,818
Bristol night Shelter
-
600
600
Designated Gifts
-
655
655
**25,253**
**1,255**
**8,865**
**Unrestricted Funds**
General Funds
17,442
166,878
135,045
**Total Funds**
**42,695**
**168,133**
**143,910**|**2020**
**2019**
**£**
**£**
6,104
1,206
2,548
-| |---|---|---| |||**8,652**
**1,206**| |||**Transfers**
**30 Sep-20**
**£**
**£**
**-**
78,185
**-**
5,264
**-**
-
**-**
447
**-**
-
**-**
37
**-**
2,565| ||**17,643**
**92,537**
**23,682**|**-**
**86,498**| ||49,275
169,865
150,398
**49,275**
**169,861**
**150,396**|-
68,742
**-**
**68,742**| ||**66,918**
**262,403**
**174,081 **|**-**
**155,240**| ||**01-Oct-18**
**Income**
**Expenditure**
**£**
**£**
**£**
139
-
139
2,516
-
1,653
22,598
-
5,818
-
600
600
-
655
655|**Transfers**
**30 Sep-19**
**£**
**£**
**-**
-
**-**
863
**-**
16,780
**-**
-
**-**
-| ||**25,253**
**1,255**
**8,865**|**-**
**17,643**| |||| ||17,442
166,878
135,045|-
49,275| |||| ||**42,695**
**168,133**
**143,910**|**-**
**66,918**| The Buildings fund represents monies received that are to be spent on the church building. The Youth Worker Grant represents monies received to pay for salaries for a Youth Worker The Prayer Centre fund represents monies received that are to be spent on the development of the prayer ministry. The Hope on Wednesday fund represents monies received that are to be spent on the ministry of the Hope on Wednesday group. The Bristol Night Shelter fund represents monies received that are to be spent on the provision of a night shelter for the homeless. The Designated Gifts fund is used for monies given to the church which are to be passed on to recipients designated by the donors. The Donations for Hardship Funds represent monies received with a specific purpose of giving to members financially affected by Covid-19 The unrestricted general funds are available to be used for the general objectives of the charity at the discretion of the trustees. 18 DocuSign Envelope ID: F7C06E80-E318-44CC-9069-6DC43E3FC689 **HOPE COMMUNITY CHURCH (1134290)** _**FINANCIAL STATEMENTS**_ ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020** |**15. Analysis of net assets between funds**
**As at 30 September 2020**
Restricted funds
Unrestricted funds
**As at 30 September 2019**
Restricted funds
Unrestricted funds|**Tangible fixed**
**assets**
**Net current assets**
**Total**
**£**
**£**
**£**
-
86,498
86,498
2,826
68,742
71,567| |---|---| ||**2,826**
**155,240**
**158,065**| ||**Tangible fixed**
**assets**
**Net current assets**
**Total**
**£**
**£**
**£**
-
17,643
17,643
3,261
46,014
49,275| ||**3,261 **
**63,657 **
**66,918**| ## **16. Related Party Transactions** In the year three trustees were remunerated as employees of the charity as below: ||**Role**|**Gross Wages**|**Employers**|**Total**| |---|---|---|---|---| ||||**pension**|| |||**£**|**£**|**£**| |Chris Bond|Pastor|34,525|2,762|37,287| |Andrew Stansbury|Associate|14,725|1,178|15,903| ||Pastor|||| |Rebekah Stansbury|Associate|14,725|1,178|15,903| ||Pastor|||| The approved governing document of the charity contains the legal authority upon which this remuneration is made. Other than disclosed above, no trustee received any payment during the year. Aggregate donations from trustees, key management personnel and other related parties was £13,155 (£23,002). No related party transactions occurred in the year other than disclosed above or elsewhere in the financial statements. 19