Charity number: 1138681
CATHEDRAL OF HOPE
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 December 2021
CATHEDRAL OF HOPE Contents Page For the year ended 31 December 2021
| Report of the Trustees | 1 |
|---|---|
| Independent Examiner's Report to the Trustees | 2 |
| Statement of Financial Activities | 3 |
| Statement of Financial Position | 4 |
| Notes to the Financial Statements | 5 to 8 |
| Detailed Statement of Financial Activities | 9 |
CATHEDRAL OF HOPE Report of the Trustees
For the year ended 31 December 2021
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 December 2021. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity CATHEDRAL OF HOPE Charity registration number 1138681 Principal address 66 St. James Road Sutton SM1 2TT
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Milton Marques Manata Landinha Figueiredo Arlindo Noronha Dos Ramos Independent examiners SJPR Accountants Ltd 225 Capham Road London SW9 9BE
Approved by the Board of Trustees and signed on its behalf by
............................................................................. Milton Manata 10 May 2021 Milton Marques Manata (Director)
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CATHEDRAL OF HOPE Independent Examiners Report to the Trustees
For the year ended 31 December 2021
I report to the trustees on my examination of the accounts of the charity for the year ended 31 December 2021.
Responsibilities and basis of report
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity’s accounts 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 examiners statement
I have completed my examination. I confirm that no 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 2011 Act; or
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the accounts do not accord with those records; or
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the accounts 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 accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
~~Siw~~
Sansao Rodrigues
SJPR Accountants Ltd 225 Capham Road London SW9 9BE
10 May 2021
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CATHEDRAL OF HOPE Statement of Financial Activities
For the year ended 31 December 2021
| Notes | Unrestricted | 2020 | |
|---|---|---|---|
| funds | |||
| £ | £ | ||
| Income and endowments from: | |||
| Donations and legacies | 2 | 100,135 | 53,880 |
| Total | 100,135 | 53,880 | |
| Expenditure on: | |||
| Raising funds | 3/4 | (102,391) | (25,641) |
| Charitable activities | 5/6 | (1,753) | - |
| Total | (104,144) | (25,641) | |
| Net income/expenditure | (4,009) | 28,239 | |
| Reconciliation of funds | |||
| Total funds brought forward | 49,043 | 20,804 | |
| Total funds carried forward | 45,034 | 49,043 |
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CATHEDRAL OF HOPE Statement of Financial Position As at 31 December 2021
| Notes | 2021 | 2020 | |
|---|---|---|---|
| £ | £ | ||
| Current assets | |||
| Cash at bank and in hand | 45,034 | 49,043 | |
| 45,034 | 49,043 | ||
| Net current assets | 45,034 | 49,043 | |
| Total assets less current liabilities | 45,034 | 49,043 | |
| Net assets | 45,034 | 49,043 | |
| The funds of the charity | |||
| Unrestricted income funds | 11 | 45,034 | 49,043 |
| Total funds | 45,034 | 49,043 |
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Milton Marques Manata Trustee 10 May 2021
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CATHEDRAL OF HOPE Notes to the Financial Statements
For the year ended 31 December 2021
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
CATHEDRAL OF HOPE meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Going concern
2. Income from donations and legacies
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Unrestricted funds | ||
| Donations received | 100,135 | 53,880 |
| 100,135 | 53,880 |
3. Expenditure on generating donations and legacies
| Unrestricted funds Donations Legacies Sponsorships Support costs |
2021 £ 35,611 - 11,958 7,932 55,501 |
2020 £ 35 7,531 3,450 11,957 |
|---|---|---|
| 22,973 |
4. Expenditure on other trading activities
| xpenditure on other trading activities | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Unrestricted funds | ||
| Fund raising events | 46,890 | 2,668 |
| 46,890 | 2,668 |
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CATHEDRAL OF HOPE Notes to the Financial Statements Continued
For the year ended 31 December 2021
5. Costs of charitable activities by fund type
| Unrestricted funds Support costs 6. Costs of charitable activities by activity type Activity 1 7. Analysis of support costs Voluntary Income Management Finance IT Governance costs 8. Net income/(expenditure) for the year This is stated after charging/(crediting): Accountancy fees 9. Particulars of employees Employees |
2021 £ 1,753 2021 £ 1,753 2021 £ - - 809 8,876 9,685 2021 £ 864 2021 0 0 |
2020 £ - 2020 £ - 2020 £ 2,186 6 1,008 8,757 |
|---|---|---|
| 11,957 | ||
| 2020 £ 792 |
||
| 2020 0 |
||
| 0 |
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CATHEDRAL OF HOPE Notes to the Financial Statements Continued
For the year ended 31 December 2021
10. Tangible fixed assets
| Cost or valuation At 01 January 2021 At 31 December 2021 Depreciation At 01 January 2021 At 31 December 2021 Net book values At 31 December 2021 At 31 December 2020 |
Fixtures and Fittings £ 7,131 |
|---|---|
| 7,131 | |
| 7,131 | |
| 7,131 | |
| - | |
| - |
11. Movement in funds
Unrestricted Funds
| Balance at | Incoming | Outgoing | Balance at | |
|---|---|---|---|---|
| 01/01/2021 | resources | resources | 31/12/2021 | |
| £ | £ | £ | £ | |
| General | ||||
| General | 49,043 | 100,135 | (104,144) | 45,034 |
| 49,043 | 100,135 | (104,144) | 45,034 | |
| Unrestricted Funds - Previous year | ||||
| Balance at | Incoming | Outgoing | Balance at | |
| 01/01/2020 | resources | resources | 31/12/2020 | |
| £ | £ | £ | £ | |
| General | ||||
| General | 20,804 | 53,880 | (25,641) | 49,043 |
| 20,804 | 53,880 | (25,641) | 49,043 |
12. Analysis of net assets between funds
| estricted funds General General |
Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ - 45,034 45,034 |
|---|---|
| - 45,034 45,034 |
Unrestricted funds
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CATHEDRAL OF HOPE Notes to the Financial Statements Continued
For the year ended 31 December 2021
Previous year
| Tangible | Net current | Net Assets | |
|---|---|---|---|
| fixed assets | assets / | ||
| (liabilities) | |||
| £ | £ | £ | |
| Unrestricted funds | |||
| General | |||
| General | - | 49,043 | 49,043 |
| - | 49,043 | 49,043 |
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CATHEDRAL OF HOPE Detailed Statement of Financial Activities
For the year ended 31 December 2021
| INCOME AND ENDOWMENT Donations and legacies Donations Total incoming resources EXPENDITURE Raising donations and legacies Donations Legacies Sponsorships Other trading activities Fund raising events costs SUPPORT COSTS Management Management Finance Finance IT IT Governance costs Governance costs Governance costs Total resources expended Net Expenditure |
£ 2021 100,135 100,135 100,135 (35,611) - (11,958) (47,569) (46,890) (46,890) - - - - (809) (809) (7,123) (1,753) (8,876) (104,144) (4,009) |
£ 2020 53,880 |
|---|---|---|
| 53,880 | ||
| 53,880 (35) (7,531) (3,450) |
||
| (11,016) (2,668) |
||
| (2,668) (2,186) |
||
| (2,186) (6) |
||
| (6) (1,008) |
||
| (1,008) (8,757) - |
||
| (8,757) | ||
| (25,641) | ||
| 28,239 |
9 of 9 This page does not form part of the statutory financial statements