## **Hope Church Newham**
(a charitable company limited by guarantee)
Registered Company Number: 07307429 Registered Charity Number : 1139566
**Financial Statements For the year ended 31/12/2024**
**Hope Church Newham** (a charitable company limited by guarantee)
**Trustees' and Directors Annual Report For the year ended 31/12/2024**
|**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|
(a charitable company limited by guarantee)
## **Hope Church Newham**
## **Trustees' and Directors Annual Report For the year ended 31/12/2024**
_________________________________________________________________________________
## **Activities**
Hope Church Newham continued to meet its primary objectives of advancing the Christian faith and providing help to those in need through the following activities: Regular meetings and services for those who attend the church and those interested in finding out more about the Christian faith. Working with children and young people including reaching out to those who might not otherwise meet Christians. Putting on weekly community events for the lonely and isolated and those with financial and health needs. Renting Stratford Hub to third parties for the benefit of Church funds, enabling us to carry out more of our primary activities. 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**
Hope Church Newham has a worship service at the Hub each Sunday which is live streamed for those unable to make in-person 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. A youth meeting is also held every other Sunday.
In partnership with London City Mission, Hope Church Newham ran a bible study and a daytime Alpha course for some of those who attend Hope at the Hub (see below).
Hope Church Newham ran two ten-week evening Alpha courses providing people with the opportunity to explore the Christian faith in a welcoming environment where they were served a meal.
Hope Church Newham is part of the Commission Sphere in the New Frontiers family of churches. In August 2024, 42 Hope Church members joined with 5,000 others for the Commission festival, a fiveday celebration held at the Bath and Southwest Showground. For many this was their first experience of camping and despite strong winds and lots of rain most said they would go again. Those who went enjoyed fun, food and fellowship – spending quality time with others from Hope Church and the wider church family.
Hope Church Newham continued to partner with a couple employed by Young Life International (YLI) whose aim is to advance the Christian faith among young people including those who have no church background. In 2024 Hope Church supported this work with financial gifts totalling £3,000 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 training
Five-day football camp with bible teaching
Page 3 of 14
(a charitable company limited by guarantee)
## **Hope Church Newham**
## **Trustees' and Directors Annual Report For the year ended 31/12/2024**
_________________________________________________________________________________
Five-day camp at a local school where 69 young people enjoyed hours of fun, food, and bible teaching.
Taking 30 young people to a Young Life residential camp in Scotland providing 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 and took part in Love Stratford, a fun filled family day put on by the Stratford Churches.
## **Relieve sickness & financial hardship and to promote and preserve good health**
Hope at the Hub is our weekly community event providing a place for people to chill, relax and make friends in a warm welcoming environment. Guests enjoy a range of activities, and a hot meal is provided free of charge. Well over 100 people attended this drop in during 2024 and weekly attendance reached its highest level of 47 people in December 2024. We have started to receive referrals from social prescribers and well-being coaches. We also recruited volunteers from the long term unemployed who attended training events in our meeting rooms. Guests have said their mental health has improved since coming to Hope at the Hub and we have been able to provide practical and financial assistance to some guests. We are grateful to the following family trusts that gave grants to support the work of Hope at the Hub: Albert Hunt Trust £2000, Souter Trust £2,000 and Pat Newman Trust £1,500. These grants allowed us to take our guests on a summer outing, have a good Christmas party and to give back to others through our Bags of Hope project. We filled 26 bags for homeless people and needy families and gave smaller bags to our guests.
We took up a special offering in summer 2024 and distributed the £12,000 raised to three different groups. £4,000 went to Compassion to support a church run child survival programme in Togo, West Africa. £4,000 went to support and increase Hope Church’s local mission among young people through its partnership with Young Life. The balance was used to subsidise the cost of taking 42 people from the church to the Commission festival in August 2024. Most of those who went would not have been able to afford to do so without this subsidy.
Our Hope Christmas offering raised £1,000. £500 was allocated to the Hope Church Crisis Fund and £500 was given to the Stratford Churches food bank in early 2025.
Monies from the Hope Church Crisis fund were used to pay travel costs for an asylum seeker, provide temporary accommodation for a homeless person and pay for shopping for individuals in extreme need.
Hope Church has also provided counselling and prayer for those facing difficult situations including sickness, abuse, and financial hardship.
We have continued to support Orchards, a charity which provides counselling services to vulnerable women in London. This support has included providing, free of charge, a dedicated space where vulnerable women could be counselled. Some Hope Church members have received training from Orchard and come alongside women being supported by the Charity.
A member of the church who is a trained counsellor is now regularly using the counselling room for in person counselling sessions.
Page 4 of 14
**Hope Church Newham** (a charitable company limited by guarantee)
## **Trustees' and Directors Annual Report For the year ended 31/12/2024**
_________________________________________________________________________________
## **Advance education**
Mark Waterfield, the pastor of Hope Church Newham is the chair of the local Faith in Schools committee.
The activities of Young Life include going into schools and working with young people there.
## **Achievements & Performance**
Hope Church Newham made a financial loss in the year ended 31 December 2024, but this was £4000 less than the figure budgeted due to receiving more donations than forecast. This higher level of donations is expected to continue and reflects in part an increase in numbers attending Hope Church.
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.
In 2024 Hope Church Newham pioneered Cherish, a women’s event providing space for women of the church and their Christian friends to develop and nurture Godly friendships. These well received events will take place three times a year.
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.
The trustees continued their programme of annual and triennial reviews of all existing policies.
## **Plans for future periods**
We will continue to use our Stratford Hub premises for our Sunday meetings, to run Alpha outreach courses including daytime courses, youth activities, Cherish and Hope at the Hub. We will provide opportunities for parents to partner with Church run children’s and youth activities helping the young ones grow in their Christian faith.
Following the loss of an organisation that used the premises on a regular basis, we will redouble our efforts to bring in more rental income to allow Hope Church to do more of its core activities.
We will continue to seek grant funding to allow the work of Hope at the Hub to grow and reach more needy people.
The trustees will continue its programme to ensure Hope Church Newham has appropriate policies in place and that these are followed in practice.
## **Financial Review**
Total income of £227,000 was £79,000 higher than 2023 (£167,000).
Voluntary income of £199,000 was £47,000 higher than 2023 (£151,000). General donations were £31,000 higher than last year primarily due to increased tithes and giving. Restricted giving was £16,000 higher than last year due to the special offering in 2024.
Page 5 of 14
**Hope Church Newham**
(a charitable company limited by guarantee)
## **Trustees' and Directors Annual Report For the year ended 31/12/2024**
_________________________________________________________________________________
Commercial income of £41,000 was £28,000 higher than 2023 (£14,000) due to having a full year of renting out the space at the Hub in 2024.
Total expenditure of £260,000 was £42,000 higher than 2023 (£217,000).
The cost of generating funds of £45,000 was £23,000 higher than 2023 (£22,000) as the Hub was leased for a full year in 2024. Unrestricted Direct Charitable spend of £201,000 was £45,000 higher than 2023 (£156,000), similarly as the Hub was leased for a full year in 2024, allowing the space to be used for more charitable activities.
Restricted Direct Charitable spend of £15,000 was £25,000 lower than 2023 (£40,000) as last year included spending restricted reserves from previous years including the Building Fund.
## **Reserves Policy**
The trustees have set a desired level of reserve based on risk based approach to income and expenditure. At December 2024 the level of reserves held was £15,517, compared to a target of £25,000. This fund is a contingency in the event of a sudden reduction in income, in order to protect the future operation of the organisation from the effects of any unforeseen variations in its income and expenditure.
The risk based approach includes:
- 1) The loss of high value donor/s
- 2) A reduction in other giving
- 3) A material reduction in income from the hiring of space
- 4) Increases to other costs
## **Declaraton**
Approved by the trustees on TBC and signed on their behalf by:
David Sawyer Trustee
Page 6 of 14
**Hope Church Newham** (a charitable company limited by guarantee) **Trustees' and Directors Annual Report For the year ended 31/12/2024**
I report on the accounts for the year ending 31/12/2024 which are set out on pages 10 to 14.
## **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
1. 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
2. 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 7 of 14
(a charitable company limited by guarantee)
## **Hope Church Newham**
## **Statement of Financial Activities For the year ended 31/12/2024**
|**2024**
**2023 (Restated)**
Notes Unrestricted
Restricted
**Total**
Unrestricted
Restricted
**Total**
Funds
Funds
**Funds**
Funds
Funds
**Funds**
£
£
**£**
£
£
**£**
**Incoming resources**
**Voluntary income**
Donations & Gifts
140,614
14,732
**155,346**
119,183
3,010
**122,193**
Gift Aid Tax
35,685
1,835
**37,520**
27,906
-
**27,906**
Grants
3,150
2,750
**5,900**
1,200
-
**1,200**
179,450
19,317
**198,767**
148,289
3,010
**151,300**
**Charitable income**
Fees and tickets
5,734
-
**5,734**
1,575
-
**1,575**
**Commercial income**
41,496
-
**41,496**
13,630
-
**13,630**
**Investment Income**
16
-
**16**
132
-
**132**|**2024**
**2023 (Restated)**
Notes Unrestricted
Restricted
**Total**
Unrestricted
Restricted
**Total**
Funds
Funds
**Funds**
Funds
Funds
**Funds**
£
£
**£**
£
£
**£**
**Incoming resources**
**Voluntary income**
Donations & Gifts
140,614
14,732
**155,346**
119,183
3,010
**122,193**
Gift Aid Tax
35,685
1,835
**37,520**
27,906
-
**27,906**
Grants
3,150
2,750
**5,900**
1,200
-
**1,200**
179,450
19,317
**198,767**
148,289
3,010
**151,300**
**Charitable income**
Fees and tickets
5,734
-
**5,734**
1,575
-
**1,575**
**Commercial income**
41,496
-
**41,496**
13,630
-
**13,630**
**Investment Income**
16
-
**16**
132
-
**132**|
|---|---|
||179,450
19,317
**198,767**
148,289
3,010
**151,300**
5,734
-
**5,734**
1,575
-
**1,575**
41,496
-
**41,496**
13,630
-
**13,630**
16
-
**16**
132
-
**132**|
|**Total Incoming Resources**|**226,695**
**19,317**
**246,012**
**163,627**
**3,010**
**166,637**|
|**Resources expended**
**Charitable Activities**
3
201,002
14,539
**215,541**
155,822
39,958
**195,780**
**Cost of generating commercial income**
3
44,562
-
**44,562**
21,659
-
**21,659**||
|**Total resources expended**
**245,564**
**14,539**
**260,102**
**177,481**
**39,958**
**217,439**||
|||
|**Net incoming resources**
**(18,868)**
**4,778**
**(14,090)**
**(13,854)**
**(36,948)**
**(50,802)**||
|Gross transfer between funds
-
-
**-**
-
-
**-**||
|**Net movement in funds**
**(18,868)**
**4,778**
**(14,090)**
**(13,854)**
**(36,948)**
**(50,802)**||
|Total funds brought forward
34,385
432
**34,817**
48,239
37,380
**85,619**||
|**Total funds carried forward**
**15,517**
**5,211**
**20,727**
**34,385**
**432**
**34,817**||
Page 8 of 14
## **Hope Church Newham**
(a charitable company limited by guarantee)
## **Notes to the Financial Statements For the year ended 31/12/2024**
|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**|**2024**
£
12,639
26,270
**38,908**
(18,181)
**20,727**
16,157
(640)
**15,517**
5,211
**20,727**|**2023**|
|---|---|---|
|||£
26,026
22,625|
|||**48,651**
(13,833)|
|||**34,817**|
|||26,263
8,122|
|||**34,385**
432|
|||**34,817**|
For the year ending 31/12/2024 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 8 and 9 were approved on behalf of the Board of Trustees on TBC and signed by:
David Sawyer Trustee
The notes on pages 10 to 14 form part of these financial statements.
Page 9 of 14
**Hope Church Newham** (a charitable company limited by guarantee)
**Statement of Financial Activities For the year ended 31/12/2024**
## **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
The 2023 results have been restated include the new method of allocating costs across charitable and non-charitable activities. There is no change to the Net incoming resources or Balance Sheet position as a result of these changes.
## **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 conditions are no conditions to be met relating to the grant which remain in the control of the charity. Allocation of costs between Charitable Where costs were incurred that wholly relate to either a Charitable or Commercial activity it and Commercial activities. is designated as such. Staff costs are allocated based on an estimate of time incurred. Other costs are apportioned based on the use of the Hub throughout the year supporting charitable activities compared to providing commercial income.
## **Assets**
Assets are written off in the year of purchase, or in the case of assets gifted, in the year they are donated.
Page 10 of 14
(a charitable company limited by guarantee)
## **Hope Church Newham**
## **Statement of Financial Activities For the year ended 31/12/2024**
## **3. Breakdown of resources expended - 2024**
|**3. Breakdown of resources expended- 2024**|**3. Breakdown of resources expended- 2024**|**3. Breakdown of resources expended- 2024**|**3. Breakdown of resources expended- 2024**||
|---|---|---|---|---|
|**2024**
**Unrestricted Funds**
**Restricted**
**Total**
Cost of
**Funds**
**Funds**
generating
Charitable
commercial
Activities
income
Total
£
£
£
£
£
Salaries, NI and Pension (Note 6)
74,712
14,146
88,858
-
88,858
Contractors
4,219
5,860
10,079
-
10,079
Rent of meeting place
-
-
-
-
-
Lease of the Hub
60,830
18,170
79,000
-
79,000
Property running costs
18,390
5,493
23,883
-
23,883
Property furniture & fittings
943
282
1,225
-
1,225
Sunday meeting running costs
8,229
-
8,229
-
8,229
Sunday meeting equipment
194
-
194
-
194
Training and conferences
58
-
58
-
58
Motor and travel
1,368
-
1,368
-
1,368
Grants and giving (Note 7)
4,620
-
4,620
6,476
11,096
Community and social events
13,542
-
13,542
8,049
21,591
Software & Website
3,330
363
3,693
-
3,693
Legal Charges and Health & Safety Regs
1,810
248
2,058
-
2,058
Other expenditure
8,757
-
8,757
14
8,771
**Total resources expended**
**201,002**
**44,562**
**245,564**
**14,539**
**260,102**
**3.1 Space donated to other charities at no cost**
Space donated to other charities
31,937
-
31,937
-
31,937
**4. Breakdown of resources expended- 2023 (Prior Year)**
**2023**
**Unrestricted Funds**
**Restricted**
**Total**
Cost of
**Funds**
**Funds**
generating
Charitable
commercial
Activities
income
Total
£
£
£
£
£
Salaries, NI and Pension (Note 6)
76,387
2,848
79,234
-
79,234
Contractors
4,001
3,686
7,687
-
7,687
Rent of meeting place
5,220
-
5,220
-
5,220
Lease of the Hub
29,985
12,412
42,397
11,569
53,966
Property running costs
8,139
2,431
10,570
-
10,570
Property furniture & fittings
364
282
646
14,000
14,646
Sunday meeting running costs
7,251
-
7,251
-
7,251
Sunday meeting equipment
2,337
-
2,337
-
2,337
Training and conferences
962
-
962
-
962
Motor and travel
792
-
792
-
792
Grants and giving (Note 7)
4,584
-
4,584
10,299
14,883
Community and social events
9,014
-
9,014
-
9,014
Software & Website
3,195
-
3,195
-
3,195
Legal Charges and Health & Safety Regs
1,260
-
1,260
4,140
5,400
Other expenditure
2,331
-
2,331
(50)
2,282
**Total resources expended**
**155,822**
**21,659**
**177,481**
**39,958**
**217,439**
**4.1 Space donated to other charities at no cost**
Space donated to other charities
15,968
-
15,968
-
15,968||||**2023**|
|||||**Total**
**Funds**
£
79,234
7,687
5,220
53,966
10,570
14,646
7,251
2,337
962
792
14,883
9,014
3,195
5,400
2,282|
|||||**217,439**|
|||||15,968
**2022**|
|
Salaries, NI and Pension (Note 6)
Contractors
Rent of meeting place
Lease of the Hub
Property running costs
Property furniture & fittings
Sunday meeting running costs
Sunday meeting equipment
Training and conferences
Motor and travel
Grants and giving (Note 7)
Community and social events
Software & Website
Legal Charges and Health & Safety Regs
Other expenditure
**Total resources expended**
**4.1 Space donated to other charities at no co**
Space donated to other charities|||||
||**Unrestricted Funds**
Cost of
generating
Charitable
commercial
Activities
income
Total
£
£
£
76,387
2,848
79,234
4,001
3,686
7,687
5,220
-
5,220
29,985
12,412
42,397
8,139
2,431
10,570
364
282
646
7,251
-
7,251
2,337
-
2,337
962
-
962
792
-
792
4,584
-
4,584
9,014
-
9,014
3,195
-
3,195
1,260
-
1,260
2,331
-
2,331|**Restricted**
**Funds**
£
-
-
-
11,569
-
14,000
-
-
-
-
10,299
-
-
4,140
(50)|**Total**
**Funds**
£
79,234
7,687
5,220
53,966
10,570
14,646
7,251
2,337
962
792
14,883
9,014
3,195
5,400
2,282|**Total**
**Funds**
£
72,411
3,835
41,468
-
736
-
7,637
2,453
3,006
571
8,106
9,362
2,761
9,231
16,434|
||**155,822**
**21,659**
**177,481**|**39,958**|**217,439**|**166,020**|
||**st**
15,968
-
15,968|-|15,968|-|
Page 11 of 14
(a charitable company limited by guarantee)
## **Hope Church Newham**
## **Statement of Financial Activities For the year ended 31/12/2024**
## **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 (2023 = £0).
## **5.2 Trustee remuneration**
|**2 Trustee remuneration**
Trustee/Pastor :
Salary
Employer's National Insurance Contributions (NIC)*
Employer's Pension Contribution|**2024**
**2023**
£
£
54,000
54,000
6,197
6,197
6,480
6,480
**66,677**
**66,677**|
|---|---|
*This is the gross NIC for the employee. Hope Church receives a £5,000 employers allowance (2023 and 2024) that is netted off the gross Employers NIC for this and other roles.
The Charity allows payment to trustees under clause 5.4 of the Trust Deed.
## **5.3 Fees for examination or audit of the accounts**
|**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|**2024**
**2023**
£
£
None
None
None
None|
|---|---|
## **6. Paid employees**
|**6.1 Staff Costs**
Gross wages, salaries and benefits in kind
Employer’s National Insurance costs (net of £5,000 employers NIC allowance)
Employer's Pension Contribution
**6.2 Average number of full-time equivalent employees in the year**|**2024**
£
79,025
2,054
7,779
**88,858**
1.8 FTE|**2023**|
|---|---|---|
|||£
69,397
2,058
7,779|
|||**79,234**|
|||1.6 FTE|
## **6.2 Average number of full-time equivalent employees in the year**
## **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**
|**1 Total value of grants and giving**
Grants
Giving to individuals (not grants)|**2024**
**2023**
£
£
9,875
8,123
1,221
6,760
**11,096**
**14,883**|
|---|---|
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(a charitable company limited by guarantee)
## **Hope Church Newham**
## **Statement of Financial Activities For the year ended 31/12/2024**
|**2024**
**7.2 Summary of grants**
£
£
Grants to
institutions
Grants to
individuals
Purpose for which grants made:
Advancing the Christian faith
5,875
-
Alleviating financial hardship and spreading joy
4,000
-
**9,875**
**-**
**7.3 Grants made to institutions**
Names of institutions
Purpose
Compassion UK
Alleviating financial hardship and spreading joy
Young Life
Advancing the Christian faith
Orchards
Alleviating financial hardship and spreading joy
Newday
Advancing the Christian faith
London City Mission
Advancing the Christian faith
Oaks Trust
Advancing the Christian faith
Commission
Advancing the Christian faith
Stratford Churches
Advancing the Christian faith
Faith in Schools
Advancing the Christian faith|**2024**|£
Total Grants
5,875
4,000
**9,875**
**2024**
£
Total Grants
4,000
3,000
-
-
2,375
-
300
200
-
**9,875**|**2023**|
|---|---|---|---|
||£
£
Grants to
institutions
Grants to
individuals
5,875
-
4,000
-||£
Total Grants
4,540
3,583|
||**9,875**
**-**||**8,123**|
||||**2023**|
||||£
Total Grants
-
3,300
3,583
300
750
55
50
-
85|
||||**8,123**|
## **8. Debtors and prepayments**
|**8. Debtors and prepayments**|||
|---|---|---|
|Gift aid tax refundable
Trade Debtors
Other Debtors
**Total Debtors**
**9. Liabilities. Amounts falling due within one year**
NI & PAYE due to HMRC
Pensions contributions due to Peoples Pension
Deferred Income
Other accruals
**Total Liabilities**|**2024**
£
5,506
5,500
1,633
**12,639**
**2024**
£
(1,923)
(1,098)
(600)
(14,560)
**(18,181)**|**2023**|
|||£
24,186
500
1,340|
|||**26,026**|
|||**2023**|
|||£
(1,803)
(1,041)
-
(10,990)|
|||**(13,833)**|
Page 13 of 14
## **Hope Church Newham**
(a charitable company limited by guarantee)
## **Statement of Financial Activities For the year ended 31/12/2024**
## **10. Designated Income Funds**
|Movement of funds
Building Fund
Commission Event
**Total designated income funds**
**11. Restricted Income Funds**
Movement of funds
Alleviating financial hardship & spreading joy
Young Life
Commission Event
Hope at the Hub
International Giving
**Total restricted income funds**|Fund
balances
brought
forward
Incoming
resources
Resources
expended
Transfers
£
£
£
£
8,122
(8,122)
-
5,309
(5,949)
**8,122**
**5,309**
**(14,071)**
**-**
Fund
balances
brought
forward
Incoming
resources
Resources
expended
Transfers
£
£
£
£
432
1,994
(740)
0
3,750
(1,750)
-
5,473
(5,473)
-
4,100
(2,575)
-
4,000
(4,000)
**432**
**19,317**
**(14,539)**
**-**|Fund
balances
carried
forward
£
-
(640)|
|---|---|---|
|||**(640)**|
|||Fund
balances
carried
forward
£
1,686
2,000
-
1,525
-|
|||**5,211**|
## **12. Fundraising**
No professional fundraisers or commercial participators were used to approach individuals on the behalf of Hope Church Newham in 2024.
Page 14 of 14