Charity number: 1138681 (England and Wales) ## CATHEDRAL OF HOPE Report of the Trustees and Unaudited Financial Statements For the year ended 31 December 2022 CATHEDRAL OF HOPE Contents Page For the year ended 31 December 2022 |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 2022 The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 December 2022. 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 2023 Milton Marques Manata 1 of 9 Independent Examiners Report to the Trustees ## CATHEDRAL OF HOPE ## For the year ended 31 December 2022 I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 December 2022. ## **Responsibilities and basis of report** As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 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: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the requirements of section 396 of the 2006 Act 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; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 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. ## Sansao Rodrigues Sansao Rodrigues SJPR Accountants Ltd 225 Capham Road London SW9 9BE 11 May 2023 2 of 9 ## CATHEDRAL OF HOPE ## Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 December 2022 ||**Notes**|**Unrestricted**|**2021**| |---|---|---|---| |||**funds**|| |||**£**|**£**| |**Income and endowments from:**|||| |Donations and legacies|2|1|100,135| |Investments||93,615|-| |**Total**||**93,616**|**100,135**| |**Expenditure on:**|||| |Raising funds|3/4|(97,723)|(102,391)| |Charitable activities|5/6|-|(1,753)| |**Total**||**(97,723)**|**(104,144)**| |**Net expenditure**||**(4,107)**|**(4,009)**| |**Reconciliation of funds**|||| |Total funds brought forward||45,034|49,043| |**Total funds carried forward**||**40,927**|**45,034**| 3 of 9 ## CATHEDRAL OF HOPE Statement of Financial Position As at 31 December 2022 |**Notes**
**Fixed assets**
Tangible assets
10
**Current assets**
Cash at bank and in hand
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Unrestricted income funds
11
**Total funds**|**£**
**2022**
15,038
**15,038**
25,889
**25,889**
**25,889**
**40,927**
**40,927**
40,927
**40,927**|**£**
**2021**
-| |---|---|---| |||**-**| |||45,034| |||**45,034**| |||**45,034**| |||**45,034**| |||**45,034**| |||45,034| |||**45,034**| For the year ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. - The members have not required the company to obtain an audit of its accounts for the year in question in accordance - with section 476, - The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting - records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Milton Marques Manata Trustee 10 May 2023 4 of 9 CATHEDRAL OF HOPE Notes to the Financial Statements For the year ended 31 December 2022 ## **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 Companies Act 2006. 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** |**Unrestricted funds**
Donations received|**2021**
**2022**
**£**
**£**
100,135
1
**100,135**
**1**| |---|---| ## **3. Expenditure on generating donations and legacies** |**Unrestricted funds**
Donations
Sponsorships
Gifts in kind
Support costs
**xpenditure on other trading activities**
Fund raising events
Support costs|**2022**
**£**
31,949
25,280
3,789
35,465
**96,483**
**2022**
**£**
-
1,240
**1,240**|**2021**
**£**
35,611
11,958
-
7,932| |---|---|---| |||**55,501**| |||**2021**
**£**
46,890
-| |||**46,890**| ## **4. Expenditure on other trading activities** 5 of 9 CATHEDRAL OF HOPE Notes to the Financial Statements Continued For the year ended 31 December 2022 ## **5. Costs of charitable activities by fund type** |Support costs
**6. Costs of charitable activities by activity type**
Activity 1
**7. Analysis of support costs**
Management
IT
Governance costs
**8. Net income/(expenditure) for the year**
This is stated after charging/(crediting):
Depreciation of owned fixed assets
Accountancy fees
**9. Particulars of employees**
Employees|**2022**
**£**
-
**2022**
**£**
-
**2022**
**£**
2,107
194
34,404
**36,705**
**2022**
**£**
307
792
**2022**
0
**0**|**2021**
**£**
1,753
**2021**
**£**
1,753
**2021**
**£**
-
809
8,876| |---|---|---| |||**9,685**| |||**2021**
**£**
-
864| |||**2021**
0| |||**0**| 6 of 9 CATHEDRAL OF HOPE Notes to the Financial Statements Continued For the year ended 31 December 2022 ## **10. Tangible fixed assets** ||**Motor**|**Fixtures and**|| |---|---|---|---| |**Cost or valuation**|**Vehicles**|**Fittings**|**Total**| ||**£**|**£**|**£**| |At 01 January 2022|-|7,131|7,131| |Additions|15,345|-|15,345| |At 31 December 2022|**15,345**|**7,131**|**22,476**| |**Depreciation**|||| |At 01 January 2022|-|7,131|7,131| |Charge for year|307|-|307| |At 31 December 2022|**307**|**7,131**|**7,438**| |**Net book values**|||| |At 31 December 2022|**15,038**|**-**|**15,038**| |At 31 December 2021|**-**|**-**|**-**| ## **11. Movement in funds** ## **Unrestricted Funds** |**Unrestricted Funds**||||| |---|---|---|---|---| ||**Balance at**|**Incoming**|**Outgoing**|**Balance at**| ||**01/01/2022**|**resources**|**resources**|**31/12/2022**| ||**£**|**£**|**£**|**£**| |_General_||||| |General|45,034|93,616|(97,723)|40,927| ||**45,034**|**93,616**|**(97,723)**|**40,927**| |**Unrestricted Funds - Previous year**||||| ||**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**| 7 of 9 ## CATHEDRAL OF HOPE Notes to the Financial Statements Continued For the year ended 31 December 2022 ## **12. Analysis of net assets between funds** ||**Tangible**|**Net current**|**Net Assets**| |---|---|---|---| ||**fixed assets**|**assets /**|| |||**(liabilities)**|| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |_General_|||| |General|15,038|25,889|40,927| ||**15,038**|**25,889**|**40,927**| |**Previous year**|||| ||**Tangible**|**Net current**|**Net Assets**| ||**fixed assets**|**assets /**|| |||**(liabilities)**|| ||**£**|**£**|**£**| |**Unrestricted funds**|||| |_General_|||| |General|-|45,034|45,034| ||**-**|**45,034**|**45,034**| 8 of 9 ## CATHEDRAL OF HOPE Detailed Statement of Financial Activities For the year ended 31 December 2022 |**INCOME AND ENDOWMENT**
**Donations and legacies**
Donations
**Investments**
Income from listed investments
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Donations
Sponsorships
Gifts in kind
**Other trading activities**
Fund raising events costs
**SUPPORT COSTS**
**Management**
Management
**IT**
IT
**Governance costs**
Governance costs
Governance costs
Governance costs
**Total resources expended**
**Net Expenditure**|**£**
**2022**
1
**1**
93,615
**93,615**
**93,616**
(31,949)
(25,280)
(3,789)
**(61,018)**
-
**-**
(2,107)
**(2,107)**
(194)
**(194)**
(33,164)
(1,240)
-
**(34,404)**
**(97,723)**
**(4,107)**|**£**
**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)**| 9 of 9 This page does not form part of the statutory financial statements