Hope Church Newham
(a charitable company limited by guarantee)
Registered Company Number: 07307429 Registered Charity Number : 1139566
Financial Statements For the year ended 31/12/2022
Hope Church Newham (a charitable company limited by guarantee)
| Trustees' and Directors Annual Report | |
|---|---|
| For the year ended 31/12/2022 | |
| Charity Name: | Hope Church Newham |
| Constitution: | Hope Church Newham was incorporated on 7th July 2010, and registered as a |
| charity on 30th December 2010. It is governed by the memorandum and articles of | |
| association signed on 14th Nov 2010. | |
| Registered Charity Number | 1139566 |
| Registered Company Number | 07307429 |
| Directors/Trustees: | Mark Thomas Waterfield |
| David Mark Sawyer | |
| Ursula Crosbie | |
| Fiona Suleman | |
| Bolade Kerr | |
| Trustee Selection | Trustees are appointed by the existing trustees. |
| Company Secretary: | n/a |
| Pastor: | Mr Mark Thomas Waterfield |
| Registered Office: | The Hub |
| 259 High Street | |
| Stratford, London. | |
| E15 2LS | |
| Bankers: | Santander UK plc. |
| Business Banking | |
| 301 St Vincent Street | |
| Glasgow | |
| G2 5NT | |
| Independent Examiner: | Mr David Pask |
Hope Church Newham
(a charitable company limited by guarantee)
Trustees' and Directors Annual Report For the year ended 31/12/2022
Objectives
The objects of the Church are, for the benefit of the public:
• To advance the Christian faith [in accordance with the Statement of Beliefs] in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time may think fit;
• To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom or the world as the Trustees from time to time may think fit; and
• To advance education in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time may think fit.
Activities
2022 was our first full year at our new venue, The Hub 259 High Street Stratford. In addition to our Sunday worship service, we run community outreach activities at The Hub all day on a Tuesday and on Friday evenings. We’ve also used the venue on Saturdays for one-off events and to have lunch together after our Sunday meeting on special occasions including the Queen’s Platinum Jubilee. While some activities have been run in partnership with Young Life International and London City Mission, most activities are run by volunteers from Hope Church Newham.
Advance the Christian faith & advance education
Hope Church Newham has a worship service at the Hub each Sunday which is live streamed for those unable to make inperson meetings due to frailty, ill health, or because they live too far away.
Hope Church Newham continued to provide volunteer led children’s activities every Sunday for those between 0 and 11 years old.
The weekly parent/carer and toddler group which began in November 2021 continued throughout 2022. The toddler group includes a 15 to 20-minute slot where the Christian faith is taught using puppets, bible stories with props and songs.
As reported in previous accounts Hope Church Newham is partnering with a couple employed by Young Life International (YLI) who are also youth leaders in the church. Their aim is to advance the Christian faith among young people including those who have no church background. In 2022 Hope Church supported this work with financial gifts totalling £2,750 and volunteers to help run the activities described below and to sit on the YLI regional committee. Activities undertaken in these joint roles included:
Weekly - during term times
-
After school drop-in and club night
-
Kick football academy
-
Discipleship breakfast
Five-day football camp with bible teaching
Five-day camp at a local school where 47 young people enjoyed hours of fun, food, and bible teaching.
Taking 26 young people to a Young Life residential camp in Scotland and being part of a group that took 14 young people from the church to Newday, a gathering of 7000 young people from across the New Frontiers family of churches. Both these events provided the young people with plenty of fun and opportunities to worship together and to learn more about the Christian faith.
Hope Church Newham has continued to meet regularly to pray for the advance of the Christian faith and for the good of the local community in East London.
Hope Church Newham has continued to support the advance of the Christian faith outside the local church. In 2022 Hope Church Newham gave £550.
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Hope Church Newham
(a charitable company limited by guarantee)
Trustees' and Directors Annual Report For the year ended 31/12/2022
Relieve sickness & financial hardship and to promote and preserve good health
Hope Church Newham has provided financial and practical support to a food bank for several years and from its earliest days has helped individuals and families facing financial hardship and difficult situations to help pay rent, heating bills and food shopping. The cost-of-living crisis has increased the focus on these needs and at the end of 2022 the Church held a special offering that raised over £3,500 for food vouchers. These will be distributed to individuals and families in need known to the Church and its members.
Hope Church has also provided counselling and prayer for those facing difficult situations including sickness, abuse, and financial hardship. The special offering referred to above also raised over £3,500 to support Orchards, a charity which provides counselling services to vulnerable women in London.
As mentioned in the previous report, in November 2021 Hope Church Newham began a weekly drop-in operating from its new venue. This was particularly targeted at those who are lonely and isolated. Hope at the Hub has become a small but thriving community of people from different backgrounds and ethnicities who enjoy doing crafts and playing board games together. The group met together in local parks over the summer and enjoyed an outing to Greenwich and a river boat ride. In late 2022, in partnership with London City Mission, we started to work with asylum seekers recently arrived in Newham. We saw over 20 asylum seekers at Hope at the Hub events in December and at our Christmas day service.
Advance education
In previous years members of Hope Church Newham went into local schools to teach and explain the basics of the Christian faith in religious education lessons. This did not happen in 2022.
The trustees will explore new ways to meet this objective post pandemic.
Achievements & Performance
Hope Church Newham continued to promote the Christian faith every week on a Sunday and through other settings throughout the year. It continued to run Sunday services and children’s and youth activities.
Hope Church Newham ran two ten-week Alpha courses providing people with the opportunity to explore the Christian faith in a welcoming environment where they were served a meal.
We have continued to see growth in the number of young people attending Hope Church activities both in the week and on a Sunday.
Hope Church Newham community groups have continued to meet mid-week on a regular basis. While some groups meet in person others have an online meeting supplemented by in-person gatherings at least once a month. These continue to be a great way for those who attend Hope Church to get to know others and to be challenged to deepen their relationship with God.
In 2022 the trustees continued their programme to ensure that Hope Church Newham has appropriate policies and procedures in place. During the year the leadership team and trustees signed off on its Volunteering, Solving Problems and Settling Difficulties and Expenses Policies.
Those leading teams of volunteers were given training that covered the Hope Church Newham policies and procedures.
Financial Review
Total income decreased by £3k to £156k in 2022. Unrestricted giving was £26k higher than 2021, as the impact of Covid19 on giving continued to unwind as we met face to face again.
Total expenditure of £166k was £43k higher than 2021. Unrestricted spend was £44k higher than 2021 as we started to meet in person again midway through the year. £26k was due to a full year of meeting face to face, and £15k due to higher payroll costs inlcuding backdated pay increases.
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Hope Church Newham
(a charitable company limited by guarantee)
Trustees' and Directors Annual Report For the year ended 31/12/2022
Unrestricted funds excluding designated funds decreased by £2k to £40k by the end of 2022.
Plans for future periods
We expected to take over the lease of The Hub, 259 Stratford High Street, Stratford by the end of 2022 but this was delayed and is expected to happen in 2023. We will continue to use these premises for our Sunday meetings, to run Alpha outreach courses, youth activities and the community-based activities described above. In coming years, we hope to offer more of these and other activities and will seek grant funding and additional donations to allow us to do so.
When we take over the lease of the Hub we will appoint a part time facilities manager to promote the hire of the venue and to look after the fabric of the building.
We also plan more activities away from the Hub including local outings and taking young people to youth camps.
The trustees will continue its programme to ensure Hope Church Newham has appropriate policies in place and that these are followed in practice.
Declaration
Approved by the trustees on 24/09/2023 and signed on their behalf by:
David Sawyer
Trustee
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Hope Church Newham
(a charitable company limited by guarantee)
Trustees' and Directors Annual Report For the year ended 31/12/2022
I report on the accounts for the year ending 31/12/2022 which are set out on pages 7 to 13.
Respective responsibilities of the Trustees and Independent Examiner
The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to
-
examine the accounts under section 145 of the 2011 Act;
-
follow the procedures laid down in the General Directions given by the Charity Commissioners section 145(5)(b) of the 2011 Act; and
-
state whether particular matters have come to my attention.
Basis of Independent Examiner's Statement
My examination was carried out in accordance with the General Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the management committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts.
Independent Examiner's Statement
In connection with my examination, no matters have come to my attention
-
which give me reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with s.130 of the 2011 Act; or
-
to prepare accounts which accord with these accounting records have not been met; or
-
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached,
David Pask
Jubilee Church, Enfield, UK.
Page 6 of 13
Hope Church Newham
(a charitable company limited by guarantee)
Statement of Financial Activities
For the year ended 31/12/2022
| 2022 Notes Unrestricted Restricted Total Funds Funds Funds £ £ £ Incoming resources Donations & Gifts 120,881 6,268 127,149 Gift Aid Tax 26,390 712 27,102 Investment Income - Grants - Commercial Income 300 300 Other Income 1,826 1,826 Total Incoming Resources 1 149,397 6,980 156,377 Resources expended Direct Charitable Activities 3 147,033 6,236 153,269 Management and Administration 4 4,482 8,270 12,752 Total resources expended 151,515 14,506 166,020 Net incoming resources (2,118) (7,526) (9,644) Gross transfer between funds - Net movement in funds (2,118) (7,526) (9,644) Total funds brought forward 50,357 44,906 95,263 Total funds carried forward 48,239 37,380 85,619 |
2021 |
|---|---|
| Unrestricted Restricted Total Funds Funds Funds £ £ £ 102,839 28,517 131,356 20,994 6,973 27,966 - - - 42 - 42 |
|
| 123,875 35,490 159,365 93,622 11,499 105,121 13,569 4,006 17,575 |
|
| 107,191 15,505 122,697 |
|
| 16,684 19,984 36,668 |
|
| - - - |
|
| 16,684 19,984 36,668 |
|
| 33,673 24,922 58,595 50,357 44,906 95,263 |
Page 7 of 13
Hope Church Newham
(a charitable company limited by guarantee)
Notes to the Financial Statements For the year ended 31/12/2022
| Notes Current assets: Debtors 8 Cash at Bank Total current assets Liabilities: Amounts falling due within one year 9 Total assets less current liabilities Funds of the Charity Unrestricted funds Designated funds 10 Total unrestricted funds Restricted Income Funds 11 Total Funds |
2022 £ 19,664 68,443 88,107 (2,488) 85,619 40,117 8,122 48,239 37,380 85,619 |
2021 |
|---|---|---|
| £ 31,949 65,465 |
||
| 97,414 (2,151) |
||
| 95,263 | ||
| 42,235 8,122 |
||
| 50,357 44,906 |
||
| 95,263 |
For the year ending 31/12/2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The financial statements on pages 6 and 7 were approved on behalf of the Board of Trustees on 24/09/2023 and signed by:
David Sawyer Trustee
The notes on pages 8 to 11 form part of these financial statements.
Page 8 of 13
Hope Church Newham (a charitable company limited by guarantee) Statement of Financial Activities For the year ended 31/12/2022
1. Basis of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year
No changes have been made to accounts for previous years.
2. Accounting Policies
Incoming Resources Recognition of incoming resources These are included in the Statement of Financial Activities (SoFA) when the charity is certain, or virtually certain they will be received, and they are measurable. Grants and donations Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources. Tax reclaims on donations and gifts Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they relate. Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. Investment income This is included in the accounts when receivable. Expenditure & Liabilities Liability recognition Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. Grants payable without performance These are only recognised in the accounts when a commitment has been made and there are conditions no conditions to be met relating to the grant which remain in the control of the charity.
Assets
Assets are written off in the year of purchase, or in the case of assets gifted, in the year they are donated.
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Hope Church Newham
(a charitable company limited by guarantee)
Statement of Financial Activities For the year ended 31/12/2022
3. Direct Charitable Activity
| 3. Direct Charitable Activity | ||
|---|---|---|
| Salaries, NI and Pension (Note 6) Rent of meeting place Sunday meeting running costs Sunday meeting equipment Training, prayer meetings and conferences Motor and travel Grants and giving (Note 7) Community and social events Other charitable Total Direct Charitable Activity |
2022 Unrestricted Restricted Total Funds Funds Funds £ £ £ 72,411 - 72,411 41,468 - 41,468 7,637 - 7,637 2,453 - 2,453 3,006 - 3,006 571 - 571 2,475 5,731 8,206 9,262 - 9,262 7,750 505 8,254 147,033 6,236 153,269 |
2021 |
| Total Funds £ 57,600 14,900 4,611 4,270 1,142 285 12,699 3,795 5,818 |
||
| 105,121 |
4. Management and administration
| 4. Management and administration | ||
|---|---|---|
| Stationery, Postage and Telephone Legal Charges and Health & Safety Regs Office Rent Miscellaneous Total Management and administration |
2022 Unrestricted Restricted Total Funds Funds Funds £ £ £ 1,554 - 1,554 961 8,270 9,231 - - - 1,967 0 1,967 4,482 8,270 12,752 |
2021 |
| Total Funds £ 1,245 7,149 6,000 3,181 |
||
| 17,575 |
5. Details of certain items of expenditure
5.1 Trustee expenses
The aggregated amount of expenses reimbursed to 4 Trustees during the year was £0 (2021 = £0).
| 5.2 Trustee remuneration Trustee/Pastor : Salary Employer's NIC Employer's Pension Contribution |
2022 2021 £ £ 54,006 40,792 6,628 4,197 6,379 3,671 67,013 48,660 |
|---|---|
The Charity allows payment to trustees under clause 5.4 of the Trust Deed.
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Hope Church Newham
(a charitable company limited by guarantee)
Statement of Financial Activities For the year ended 31/12/2022
| 5.3 Fees for examination or audit of the accounts Independent examiner’s or auditors' fees for reporting on the accounts Other fees paid to the independent examiner or auditor 6. Paid employees 6.1 Staff Costs Gross wages, salaries and benefits in kind Employer’s National Insurance costs Employer's Pension Contribution 6.2 Average number of full-time equivalent employees in the year |
2022 £ None None 2022 £ 65,078 6,384 949 72,411 1.4 FTE |
2021 |
|---|---|---|
| £ None None 2021 |
||
| £ 49,720 4,208 3,671 |
||
| 57,600 | ||
| 1.4 FTE |
6.3 Pension Scheme
A defined benefit Pension Scheme is provided through Peoples Pension. Hope Church Newham contributes up to 12%, and employees contribute up to 6%, and it is available to all employees.
A defined contribution plan is a post-employment benefit plan under which the company pays fixed contributions into a separate entity and will have no legal or constructive obligation to pay further amounts. Obligations for contributions to defined contribution pension plans are recognised as an expense in the Statement of Financial Activities in the periods during which services are rendered by employees.
| 7. Grantmaking and giving 7.1 Total value of grants and giving Grants Giving to individuals (not grants) 7.2 Summary of grants Purpose for which grants made: Advancing the Christian faith Alleviating financial hardship and spreading joy |
2022 | 2022 £ 7,043 1,163 8,206 £ Total Grants 3,225 3,818 7,043 |
2021 |
|---|---|---|---|
| £ 11,450 1,250 |
|||
| 12,699 | |||
| 2021 | |||
| £ £ Grants to institutions Grants to individuals 3,225 - 3,818 - |
£ Total Grants 10,850 600 |
||
| 7,043 - |
11,450 |
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Hope Church Newham
(a charitable company limited by guarantee)
Statement of Financial Activities For the year ended 31/12/2022
7.3 Grants made to institutions
| 7.3 Grants made to institutions Names of institutions Purpose Young Life Advancing the Christian faith Inspire Women Men & Children (Zimbabwe) Alleviating financial hardship NewFrontiers Advancing the Christian faith Kings Church London Advancing the Christian faith London City Mission Advancing the Christian faith Commission Advancing the Christian faith Clarenden Trust Advancing the Christian faith Catalyst Network (Ukraine) Alleviating financial hardship Faith in Schools Advancing the Christian faith 8. Debtors and prepayments Gift aid tax refundable Other Debtors Total Debtors 9. Liabilities. Amounts falling due within one year NI & PAYE due to HMRC Pensions contributions due to Peoples Pension Other accruals Total Liabilities |
2022 £ Total Grants 2,750 125 100 100 3,818 150 7,043 2022 £ 16,414 3,250 19,664 2022 £ (1,216) (772) (500) (2,488) |
2021 |
| £ Total Grants 10,250 600 175 75 200 150 |
||
| 11,450 | ||
| 2021 | ||
| £ 30,449 1,500 |
||
| 31,949 | ||
| 2021 | ||
| £ (1,151) (388) (612) |
||
| (2,151) |
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Hope Church Newham
(a charitable company limited by guarantee)
Statement of Financial Activities For the year ended 31/12/2022
10. Designated Income Funds
| Movement of funds Building Fund Total designated income funds 11. Restricted Income Funds Movement of funds Alleviating financial hardship & spreading joy Young Life Building Fund Ukraine Fund Food Voucher outreach (Christmas 2022) Total restricted income funds |
Fund balances brought forward Incoming resources Resources expended Transfers £ £ £ £ 8,122 8,122 - - - Fund balances brought forward Incoming resources Resources expended Transfers £ £ £ £ 3,672 (1,163) 2,750 - (2,750) 38,484 (8,775) - 1,818 (1,818) - 5,162 44,906 6,980 (14,506) - |
Fund balances carried forward £ 8,122 |
|---|---|---|
| 8,122 | ||
| Fund balances carried forward £ 2,509 0 29,709 - 5,162 |
||
| 37,380 |
12. Fundraising
No professional fundraisers or commercial participators were used to approach individuals on the behalf of Hope Church Newham in 2022.
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