HOPE CORNER
(a company limited by guarantee)
OPERATING AS
HOPE CORNER CHURCH
HOPE CORNER SCHOOL
ANNUAL REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR
THE YEAR ENDED MARCH 312025
Company number 7386305
Charlty number 1138720

HOPE CORNER
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 312025
INDEX
Administrative information
Trustees, and Directors, annual report
Independent examiner's report
Statement of financial activities
Balance sheet
Statement of cash flows
10
Notes to the financial statements
11 19

HOPE CORNER
ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED MARCH 312025
DIRECTORS
Rev'd Mark B J Finch JP
Mr John C Cavanagh
Mr Jason K Worrall
Mrs Pauline E Rushworth
Mr Mathew B M Finch
Mr John O Ilupeju
COMPANY SECRETARY
Mr Paul John Rushworth
PRINCIPAL STAFF
Rev'd Mark B J Finch JP
Senior Minister
REGISTERED OFFICE
70 Clifton Road,
Runcorn
WA7 4TD
PRINCIPAL PLACE OF BUSINESS
70 Clifton Road
Runcorn
WA7 4TD
INDEPENDENT EXAMINER
& ACCOUNTANTS
Stacy Mason FCCA
HGA Accountants & Financial Consultants Ltd
Ua Chittenden Horley - Chartered Accountants
Hyde Park House
Cartwright Street, Hyde
SK14 4EH

HOPE CORNER
ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED MARCH 312025
INTRODUCTION
The trustees present their annual report together with the financial statements of Hope Corner for the year ended March 31 2025
which are also prepared to meet the requirements for a directors, report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of
Association, and 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 (FRS102)
(effective 1 January 2019), referred to as the Charities SORP (FRS 102) (second edition - October 2019).
OUR PURPOSES AND ACTIVITIES
Objects
The objects of the charity are for the benefit of the public particularly in the areas of Christian life and general Education.
Specifically, this includes;
Advancing the Christian Faith in accordance with the Statement of faith of the Assemblies of God
The relief of sickness and hardship and promotion of good health.
Advancing education particularly supporting those with special needs.
We use the resources available to the charity for the good of people regardless of their age, background, race, religion or gender.
Our Devotion Together in the Christian faith, inspires us to support the relevant needs of those accessing Hope Corner and those
of the wider community.
We support and encourage both directly and indirectly practitioners helping the wider community both in Britain and overseas
particularly in the areas of Church development, education and the relief of poverty.
The Trustees oversee a wide range of activities directed to fulfilling these objects. Hope Corner Church promotes all three of the
charity's objects across a range of activities. Hope Corner School is focused exclusively on the advancement of education. The
charity principally operates from its purpose-built freehold premises in Clifton Road, Runcorn.
The charity does not generally charge its beneficiaries for the services they receive and therefore the Trustees are confident that
the charity is able to demonstrate its adherence to the Charity Commission's guidance, with regard to public benefit.
Together with the provision of inspiring Church services, we run a special educational needs school, children's work, youth work,
financial management training, oversees support to Uganda and India. The Charity aims to provide programmes emphasising a
holistic provision for beneficiaries that fosters; Spiritual, Physical, Mental and Social wellbeing.
We have been awarded national recognition for our work.
OUR CHARTER
We provide an inclusive service to our community by:
1) Serving and respecting all people regardless of their gender, marital status, race, ethnic origin, religion, age, sexual orientation
or physical and mental capability.
2) Acknowledging the freedom of people of all faiths or none both to hold and to express their beliefs and convictions respectfully
and freely, within the limits of the UK law.
3) Never imposing our Christian faith or belief on others but allowing them to view and inquire about what it means to be in
relationship to Christ Jesus.
4) Developing partnerships with other churches, voluntary groups, statutory agencies and local government wherever appropriate
in order to create an effective, integrated service for our clients avoiding unnecessary duplication of resources.
5) Providing and publicising regular consultation and reporting forums to client groups and the wider community regarding the
effective development and delivery of our work and our responsiveness to their actual needs.

HOPE CORNER
ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED MARCH 312025
ACTIVITIES
We value all individuals in a way that is consistent with our distinctive Christian ethos by:
1) Creating an environment where clients, volunteers and employees are encouraged and enabled to realise their potential.
2) Assisting ourclients, volunteers, and employees to take responsibility for their own learning and development,
both through formal and informal training opportunities and ongoing assessment.
3) Developing an organisational culture in which individuals learn from any mistakes made and where excellence and innovation ar
e encouraged and rewarded.
4) Promoting the value of a balanced, holistic lifestyle as part of everyone's overall personal development.
5) Abiding by the requirements of employment law in the UK and implementing best employment practices and
procedures designed to maintain our distinctive ethos and values.
We continually strive to develop a professional approach to management, practice, and funding by:
1) Implementing a management structure, which fosters and encourages participation by staff at all levels to
facilitate the fulfilment of the project's goals and visions.
2) Setting and reviewing measurable and timed outcomes annually and regularly to evaluate and monitor our
management structure and output, recognising the need for ongoing organisational flexibility, development and
good stewardship of resources.
3) Doing all we can to ensure that we are not over-dependent on any one source of funding.
4) Implementing best practice procedures in terms of Health and Safety and Safeguarding to protect our staff,
volunteers and clients.
5) Handling our funding in a transparent and accountable way and to give relevant people from outside our
organisation reasonable access to our accounts.
Psalm 60 verse 12 in the Bible says 'With God's help, we will do great things,. This perfectly describes our
experience here at Hope Corner over the last year.
We are grateful for the continued devotion of our staff and volunteers as well as the sustaining power of our Lord and Saviour.
We have faced the same challenges as most small charities trying to accomplish extraordinary things with the
resources available, yet in these circumstances our 'edge' has been the amazing grace of God.
THIS YEAR
This has been an exciting year in so many ways. The Church has seen growth with not only local people from Halton but also
those from various parts of the world. Increasingly there is a rich diversity of members who are able to offer skills to strengthen
even further our ability to fulfil Hope Corner's mission and aims.
The challenges within the community of Halton remain the same but we can truthfully say our church is well equipped to make a
major difference.
The 'difference' can also be seen in the development of the Youth work, Children's work and our School.
Young people have more opportunity to develop their potential including leadership development.
We are privileged to have so many volunteers in the children's work who give freely of their time. There is on going training in order
to support the effectiveness of all projects.
Our school staff continue to make incredible advances supporting the 'Special Educational Needs, young people in their care. This
kind of education is highly specialised and even with all the challenges, their are some exciting developments ahead for Hope
Corner School particularly in the next two years.
Oversees we continue to support others who are doing similar work to ourselves in Uganda and India. Some of our people make
regular visits to these projects which are helping local children and young people to be educated and develop a livelihood to
support themselves.
We deeply appreciate all the gifts and financial support the whole charity has received over the last year. As our work has grown
so has the greater need for finance. It is nothing short of a miracle that we are able to say we are continuing to meet those needs!
We can say this because we trust the bible when it says 'God will supply everything you need'(Philippians 4.'19).

HOPE CORNER
ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED MARCH 312025
Personal Note
Our Chair writres "I want to offer my personal thanks my new Associate Minister who has be a wonderful support in her first year.
Also to our Church Oversight (Elders and Trustees) and Business Manager who have supported tirelessly
in guiding this charity
over the last year. Their wisdom and spiritual insight is outstanding.
Most of all I give thanks to our Lord Jesus Christ who makes 'all things possible,. After all, Hope Corner is HIS
Work.
Mark B J Finch (Senior Minister) for the Directors/Trustees of Hope Corner
Financial Review
For any charity of our size, this is an area that always brings great challenges. We are grateful for the way all the community family
of Hope Comer give sacrificially on a regular basis. Besides those fees paid to our school, the giving of God's people is the
backbone of our financial base.
Risk management summary
We acknowledge the following risks that Hope Corner faces.
Building a sufficient level of reserves so as to be able to act strategically.
Throughout 202412025 and beyond we have continued to improve our financial systems.
Principal funding sources and going concern.
The charity presently relies on two major funding sources
The church membership for their voluntary income
Local authority income to support the Hope Corner School - this is earned income computed on a per capita basis.
Reserves
Our free reserves (unrestricted funds not invested in fixed assets, otherwise designated or required to meet secured loans due in
more than one year) stood at 251 k at the year end. We are in the process of determining what the target level should be for free
reserves going forward, but we remain strongly committed to ensuring that we are able to meet our loan repayments as they fall
due and to have sufficient funds available to maintain our buildings to an approriate standard, as we continue to work for the
Kingdom of God.
FUTURE PLANS
We are heavily investing in staff and volunteer training in order to develop their skills as well asreaching all required profession
standards.
We are making sure that potential leaders are ready to take on the challenges of leading this charity into future years.
We are pleased to have young people who are ready to take on various role to fulfil our vision.
STRUCTURE GOVERNANCE AND MANAGEMENT
Governing document
The Charity is a company limited by guarantee and is governed by its Memorandum and Articles of Association dated September
20, 2010. It is registered as a charity with the Charity Commission.
Members of the company
The initial members of the company were the five subscribers to the Memorandum. Four of these five remain in membership.
There are various qualification requirements to be met before any person is admitted to membership. Furthermore, the constitution
grants the Senior Minister and the majority of existing members with discretion as to whether or not to nominate persons for

HOPE CORNER
ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED MARCH 312025
membership. Provided qualification requirements are met and both the Senior Minister and the majority of existing members have
invited candidate members to join the company, the directors (Trustees) have no discretion to refuse admittance to membership.
Members may resign or may be removed by an Ordinary resolution of all members.
There are currently 50 members of the company.
£1 in the event of the charity being wound up.
Appointment of Directors and Trustees
The directors of the company (who are Trustees of the Charity) are appointed as follows
(a) on the nomination of the Senior Minister, or
(b) By the members in General Meeting
Directors appointed under (a) above do not retire by rotation
Directors appointed under (b) only serve until the following annual general meeting
The minimum number of directors is three and there is presently no maximum number.
Trustee recruitment, induction and training
There has only been one Trustee appointed following the initial appointments on incorporation. The Senior Minister consults with
the broader membership when considering nominations to the Board.
It is the intention to recruit additional Trustees in the next three years. Suitable induction and training will be devised for such
recruits.
Related parties and management of conflict of interest
The Trustees are aware of the Charity Commission guidance relating to management of conflict of interest issues.
As disclosed in the notes to the accounts there are a number of related party transactions in connection with the Senior Minister.
The charity has established policies to manage conflict of interest issues and these are reviewed periodically.

HOPE CORNER
ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED MARCH 312025
TRUSTEES, RESPOSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
The trustees (who are also directors of the Charity for the purposes of company law) are responsible for preparing the Trustees,
Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United
Kingdom Generally Accepted Accounting Practice).
Company law 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 charitable company and of the incoming resources and application of resources, including the income and
expenditure, of the charitable company 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 (FRS 102) (second edition - October 2019);
make judgements and 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;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable
company will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the
financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies
Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps
for the prevention and detection of fraud and other irregularities.
SMALL COMPANY PROVISIONS AND APPROVAL
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies
exemption.
Approved by the Board of Trustees and signed on its behalf by:
Mark Finch
Chair of Trustees
Date: 1711212025

INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF HOPE CORNER
FOR THE YEAR ENDED MARCH 312025
I report to the charity trustees on my examination of the accounts of the company for the year ended March 31 2025 which are
set out on pages 8 to 19.
Responsibilities and basis of report
As the charity trustees of the company (and also its directors for the purposes of company law) you 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 company's accounts as 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 examiner's statement
Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the
2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Institute of Chartered
Accountants in England and Wales (ICAEW) which is one of the listed bodies.
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 company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records. or
the accounts do not comply with the accounting 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
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.
3 MaAw•
For and on behalf of:
HGA Accountants & Financial Consultants Ltd t/a Chittenden Horley
Chartered Accountants
Hyde Park House, Cartwright Street, SK14 4EH
Date: 17/12/25

HOPE CORNER
STATEMENT OF FINANCIAL ACTIVITIES (including the income and expenditure account)
FOR THE YEAR ENDED MARCH 312025
Restricte
Notes
Unrestricted
Total
Total
Funds
Funds
2025
2024
INCOME
Donations
99,476
1,370
100,846
68,554
Charitable activities
485,673
485,673
162,569
Other trading income
13,103
13,103
14,825
Other income - surplus on disposal pf property
TOTAL INCOME
598,252
1,370
599,622
245,948
EXPENDITURE
Costs of raising funds
10,035
10,035
8,632
Expenditure on charitable
activities
431,144
1,370
432,514
255, 773
TOTAL EXPENDITURE
441,179
1,370
442,549
264,405
NET INCOMEI(EXPENDITURE)
BEFORE TRANSFERS
157,073
157,073
(18,457)
Transfers between funds
Other recognised gains
NET MOVEMENT IN FUNDS
157,073
157,073
(18,457)
TOTAL FUNDS BROUGHT
FORWARD
14
581,779
581779
600,236
TOTAL FUNDS CARRIED
FORWARD
14
738,852
738,852
581,779
The notes on pages11 to 19 form part of these financial statements.

HOPE CORNER
BALANCE SHEEf AS AT MARCH 312025
Notes
2025
2025
2024
2024
FIXED ASSETS
Tangible Assets
10
859,777
876,213
CURRENT ASSETS
Assets held for resale
11
146,362
1,977
146,627
294,966
146,362
2,531
Debtors
11
Cash at Bank and in Hand
8,280
157,173
CREDITORS
Amounts falling due in one year
12
44,241
45,422
NET CURRENT ASSETS
250,725
111,751
1,110,502
987,964
CREDITORS
Amounts falling due in more than one year
13
371,650
406, 185
NET ASSETS
738,852
581,779
FUNDS
Unrestricted
General fund
14
672,313
66,539
515,240
66,539
Revaluation reserve
738,852
581,779
Restricted
14
TOTAL FUNDS
738,852
581,779
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small
companies regime.
For the year ending March 312025, the company was entitled to exemption from audit under section 477 of the Companies Act
2006 relating to small companies and no notice has been deposited under section 476 requiring the company to obtain an audit of
its accounts for the year in question.
Directors, responsibilities
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records
and the preparation of accounts.
The notes on pages 11 to 19 form part of these financial statements.
Approved by the Board and authorised for issue on 9th December 2025
And signed on their behalf by:
Mark Finch - Director
Company registration number 7386305

HOPE CORNER
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED MARCH 312025
2025
2024
notes
Cash used in operating activities
16
179,801
10,567
Cashflows from investing activities
Purchase of tangible fixed assets
Cash provided byl(used in) investing activities
(6,919)
(6,919)
(606)
(606)
Cashflows from financing activities
Proceeds from new borrowings - secured loan
Repayment of borrowing - finance lease
Repayment of borrowing - mortgage creditor
Repayments of borrowing - unsecured loans
Cash used in financing activities
(34,535)
(22,719)
(34,535)
(22, 719)
Increasel(decrease) in cash & cash equivalents in the year
138,347
(12, 758)
Cash and cash equivalents brought forward
8,280
21,038
Cash and cash equivalents carried forward
146,627
8,280
Cash and cash equivalents consist of:
Cash at bank and in hand
146,627
8,280
146,627
8,280
10

HOPE CORNER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 312025
1 ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared: under the historic cost convention; in accordance with the Statement of
Recommended Practice
Accounting and Reporting by Charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS102) effective January 1 2019 (second edition
October
2019); FRS102; and the Companies Act 2006. The charity constitutes a public benefit entity as defined by FRS102.
The accounts are prepared in £ sterling, which is the functional currency.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the
amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors,
including expectations of future events that are believed to be reasonable under the circumstances.
The principal accounting estimate that affects these accounts relates to:
The estimated useful lives of fixed assets
Income recognition
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the
amount of income receivable can be measured reliably. The following applies to particular types of income:
Grants, whether of a capital or revenue nature, are recognised when the Charity has entitlement to the funds, any performance
conditions have been met and it is probable that the income will be received.
Donations from individuals and other bodies (not being of the nature of a grant) are recognised when receivable.
Where a
donation is contingent upon the performan￿ by the charity of a significant obligation the donation is not recognised until the
obligation has been performed.
Donated facilities are recognised on receipt at the value that the charity would be willing to pay to obtain facilities of equivalent
economic benefit on the open market, a corresponding amount is then recognised as expenditure in the period of the receipt.
Earned income is measured at the fair value of the consideration received or receivable for services and goods supplied, net of
discounts.
Deferred income
Income is only deferred and included in creditors when:
The income relates to a future accounting period
A sales invoice has been raised ahead of the work being carried out and there is no contractual entitlement to the
income until the work has been done
Not all the terms and conditions of the grant have been met, including the incurring of expenditure and the grant
conditions are such that unspent grant must be refunded
Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that the
settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following
activity headings:
Costs of raising funds
including those associated with fundraising activities, managing investments and commercial
trading by the subsidiary company.
Charitable activities
costs of undertaking the work of charity.
The Charity is not registered for VAT and cannot recover any input tax charged. Costs are stated inclusive of VAT were charged.
Allocation of support costs
Support costs are those functions which assist the work of the Charity either by supporting the delivery of charitable activities or by
supporting the generation of funds. They include back office functions, staff costs and professional fees. The basis of allocations
is set out in note 5.
11

HOPE CORNER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 312025
1 ACCOUNTING POLICIES (continued)
Tangible fixed assets and depreciation
Individual fixed assets costing more than £250 are capitalised at cost and are depreciated over their estimated useful lives (after
deducting any residual value) on a straight-line basis as set out below.
Depreciation rates are as follows:
Freehold buildings- Over 50 years
Leasehold buildings - Over 50 years or the period of the lease if shorter
Property fixtures and fittings- Over 20 years
Furniture - Over 10-15 years
Kitchen equipment 7 years
Computer and IT equipment- 4 years
Debtors
Trade and other debtors are recognised at the settlement amount due and prepayments are valued at the amount prepaid.
Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from
the date of acquisition or opening of the deposit or similar account.
Creditors and provisions
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 paty and the amount due to settle the obligation can be measured or estimated reliably.
Creditors and provisions are normally recognised at their settlement amount.
Financial instruments
The Charity has only basic financial instruments which are initially recorded at cost, and with the exception of investments (as set
out above) subsequently measured at their settlement value.
12

HOPE CORNER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 312025
2025
2024
Unrestricted Restricted
Total
Unrestricted Restricted
Total
2 DONATIONS
Freewill offerings
Gift Aid
54,392
14,156
30,928
54,392
14,156
30,928
51, 140
12,871
3,235
51,140
12,871
3,235
Other donations
Grants
Restricted donations
1,370
1,370
1,370
100,846
1,308
1,308
1,308
68,554
99,476
67,246
3 INCOME FROM CHARITABLE ACTIVITIES
Church
2,285
483,388
485,673
2,285
483,388
485,673
404
404
School
162,165
162,569
162,165
162,569
Income is analysed as follows:
Church
Grants for Souper Heroes
Other income
2,285
2,285
2,285
2,285
404
404
404
404
School
Local authority fees
483,388
483,388
483,388
483,388
162,165
162,165
162,165
162,165
4 OTHER TRADING INCOME
Catering income
Room hire
1,573
11,530
13,103
1,573
11,530
13,103
3,460
11,365
14,825
3,460
11,365
14,825
13

HOPE CORNER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 312025
2025
2024
5 COSTS OF RAISING FUNDS
nrestricted Restricted
Total
Unrestricted Restricted
Total
Direct costs
4,247
4,247
5,788
10,035
3,825
4,807
8,632
3,825
4,807
8,632
Support costs
5,788
10,035
6 CHARITABLE EXPENDITURE
Church
154,422
276,722
431,144
1,370
155,792
276,722
432,514
97,869
156,596
254,465
1,308
99,177
156,596
255, 773
School
1,370
1,308
Expenditure is analysed as follows:
Direct
Direct
Support
Costs
Costs
Salaries
Total
2024125
Church
14,199
20,270
34,469
51,665
200,064
251,729
89,928
56,388
146,316
155,792
276,722
432,514
School
2023124
Church
1,025
36,625
61,527
99,177
156,596
255, 773
School
12,210
13,235
101,769
138,394
42,617
104,144
7 SUPPORT & GOVERNANCE COSTS
Total
Fundraising Church
School
2025
2024125
Property costs
Payroll costs
Administration costs
40,218
5,780
3,699
10,054
20,230
12,945
6,406
5,859
50,272
28,900
18,493
23,355
29,296
1,788
152,104
2,890
1,849
1,049
Depreciationldisposal gains
Finance costs
15,900
23,437
Governance costs
894
894
5,788
89,928
56,388
2023124
Propety costs
Payroll costs
Administration costs
10,808
2,702
16,711
9,597
6,406
6,319
882
13,510
23,873
13,710
24,497
31,597
1,764
108,951
2,387
1,371
1,049
4,775
2,742
17,042
25,278
Depreciation/disposal gains
Finance costs
Governance costs
882
4,807
61,527
42,617
Support costs are allocated on the following basis:
Area
Basis
Property costs
Administrative costs
Proportional use of property
Allocation based on staff allocation
Depreciation and finance costs
Allocation of depreciated or financed assets
14

HOPE CORNER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 312025
8 STAFF INFORMATION
2025
2024
a Employees
Salaries and wages
Employer's pension contributions
Employer's Nl contributions
259,894
152, 104
5,168
15,567
280,629
3,265
6,898
162,267
No employees earned more than £60,000 p.a. in either year.
b Key management personnel
The key management of the charity comprise the trustees and senior staff (as set out on page1).
The trustees do not receive any remuneration for their services as Trustees. The Senior Minister, Mark Finch also
serves as an employee of the charity and is one of the two key management personnel.
The total employee benefits, including employer pension and Employers, Nl contributions, of the employed key
management personnel were as follows:
91,149
49,405
c Average staff numbers
The average number of employees was as follows:_
Average
number
Average
number
16
9 NET INCOMEI(EXPENDITURE) BEFORE TRANSFERS (for the Group)
This is stated after chargingl(crediting):
Independent examiners & accountants fees:
Examination
717
717
Accountancy fees
Depreciation of fixed assets
Trustees remuneration
795
795
23,355
24,497
Number
Number
Trustees claiming expenses in relation to Trustee duties
15

HOPE CORNER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 312025
10 TANGIBLE FIXED ASSETS
Freehold Leasehold
Instruments
Land &
Land &
Furniture
equipment
& fittings & computers vehicles
Motor
Buildings Buildings
Total
Cost or valuation
As at April 12024
Additions
950,000
15,108
46,238
6,919
16,700
1,028,046
6,919
Disposals
As at March 312025
950,000
15,108
53,157
16,700
1,034,965
Depreciation
As at April 12024
Charge for the year
Eliminated on disposals
As at March 312025
96,000
16,000
5,752
1,209
34,049
6,146
16,032
151,833
23,355
112,000
6,961
40,195
16,032
175,188
Net Book Value
As at March 312025
838,000
8,147
12,962
668
859,777
As at March 312024
854,000
9,356
12, 189
668
876,213
The freehold and leasehold propety was valued at August 1 2018 by Anthony Chadwick MRICS of Hardie Brack
Chartered Surveyors.
11 ASSETS HELD FOR RESALE
2025
2024
Leasehold property
146,362
146,362
The charity has taken the decision to dispose of its leasehold propety at Church St, Runcorn. The value above is
the Trustees, best estimate of the net sale proceeds after all expenses.
11 DEBTORS
Trade debtors
Income receivable
1,925
52
2,583
(52)
2,531
Sundry debtors and prepayments
1,977
12 CREDITORS falling due within one year
Trade creditors
4,708
5,363
3,096
1,346
5,475
6,657
Other taxes and social security
Accruals
2, 775
Other creditors
787
Finance lease creditor due in one year
Mortgage repayable in one year
Unsecured loans repayable in one year
29,728
29, 728
44,241
45,422
13 CREDITORS falling due in more than one year
Mortgage payable within 2 - 5 years
Mortgage repayable in more than 5 years
119,456
252,194
371,650
119,456
286, 729
406, 185
16

HOPE CORNER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 312025
14 STATEMENT OF FUNDS
2023124
bff and CM
2024125
3110312024
0110412023 Income Expendlture transfers
0110412024
Income Expenditure transfers
3110312025
Unrestricted funds:
General
533,697
66,539
244,640 (263,097)
515,240
66,539
59
52
(441,17
672,313
66.539
ixed a
t revaluation r
Total unrestrlcted funds
600,236
244,640
(263,097)
581,779
598,252
(441,179)
738,852
Restrlcted Funds:
nation
rtgage
ymen
1.308
,308)
as
Souper Heroes
Total restrlcted funds
1,308
(1,308)
1,370
(1,370)
600,236
245,948
(264,405)
581,779
599.622
(442.549)
738,852
17

HOPE CORNER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 312025
15 ANALYSIS OF NET ASSETS BETWEEN FUNDS
Company fund balances at March 312025
are represented by:_
Unrestricted Restricted
Total
Funds
Funds
Tangible fixed assets
Net current assets
859,777
250,725
(371,650)
738,852
859,777
250,725
(371,650)
738,852
Creditors due in more than one year
Free Reserves:
Net current assets
250,725
Company fund balances at March 312024
are represented by:_
Unrestricted Restricted
Total
Funds
Funds
Tangible fixed assets
Net current assets
876,213
111,751
(406, 185)
581, 779
876,213
111,751
(406, 185)
581, 779
Creditors due in more than one year
16 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASHFLOW FROM OPERATING ACTIVITIES
2025
2024
Net incomel(expenditure)
Add back depreciation
Deduct Gain on disposal of fixed assets
Decrease/(increase) in debtors
Increase/(decrease) in creditors (Exc. Loans))
Net cash generated froml(used in) operating activities
157,073
23,355
(18,457)
24,497
554
(996)
5, 523
10,567
(1,181)
179,801
17 NET MOVEMENT IN DEBT
Loans
repaid
loan
received At 31103125
At 3113124 cashflows
Cash and cash equivalents
Cash at bank and in hand
8,280
172,882
(34,535)
146,627
Debt
Mortgage loans
(435,913)
(435,913)
34,535
(401,378)
(401,378)
34,535
Cash and cash equivalents net of debt
(427, 633)
(254,751)
18

HOPE CORNER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 312025
18 TAXATION
The company is a registered charity and is entitled to claim annual exemption from UK corporation tax under sections
19 CAPITAL COMMITMENTS
The company had no capital commitments at the year end (2022- none)
20 RELATED PARTY TRANSACTIONS
The Chair of Trustees (Revd. Mark Finch) is also the Senior Minister of the Church and is remunerated in this
capacity (but not for acting as Trustee). The charity's constitution permits this arrangement. Mr Finch is also closely
related to other employees of the charity. During the year his employment benefits were £35,478 (2024 - £35,478).
Mr Matthew Finch, a trustee, is also the Deputy Head of the School, and is remunerated in this capacity but not for
acting as a trustee. The Charity's constitution permits this. His wife is employed by the charity and he is the son of
the Chair. His employment benefits were £24,647 (2024- £24,647).
His wife received employment benefits of £ 11,803 (2024 - £11,803).
19