HOPE MINISTRIES- LONDON CHARITY NO: 1141321 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
HOPE MIN . LONt¥JN DE MBER TRUMES Maxine Gowdle Noel LaY4rence Frantz 818ekman CH*JiifYiiuMBER 1141321 IRwstered in England & wa5) POpAl0FF1cE &7Turtle Road Norbury Lond SW16 5QN ACCOUNTAIs MTP Aecountln8 ServIs Ltd 180 Foxley Lane Purlev Surrev CR83NF JANKEftS NaeSt 45 Fulham Broadwty London SW6 IAG Page2
PE MINrrRI S-LOt4 310E BER2024 INDEX p•y infomiation Tru5teeAnnual Report Independent Examin,5 Report Statement Examlnees Report 4toS Balanteshpet Notes ¢0 theAccounts 7t08
HOPE MIPII TRusfEE5 ANNUAL REpoRr TheTrustee55ubmittheir financial stement5fLYtheyearended 31 December 2024. LEGALSTATUS ope Ministfles- London i58overned bya eonstitution and is a RegSstered ChaFity- The address 1$ 6-7 Turle RLRO. I40rry, LondoFF,SW16 5QN 08JÈcr The objert ofthe Charity15 to prOte Christian rell8lon thIn the Vnited finddom and other part5 of theworld. a5the Trusrees see fit. TheTru51ees have ihe powerto collecr, accept and Issue appeals for donaih%)sandto do all thin8S that further rhe attainment of the ob]ectsof the chur¢h. They Inay alsoln¥est money. real and personal property End be at Ilberyto borrow as rÈ4ulred by w. CHARWS AcnvmESAt4DAOIIEVEMENTS DURINGTHE YEAR To womote Christian falth through.. ¥legularSeMS RegularSundtySthoolteachin8 8ible StudyClas5es Activitiesthat focus on looking HfteTyoun8 people The Churth holds regular conferences for different a8È8roups of ihecon8regatbn and Ilèises wlth local churehes inthe UKhndthroughtyJt the worWJ. RESERVESPOLICY Hope MInistrS London i$80in8 throu8h a period olchan8e and its reserye policy is Intended to e£lat, as faras 15 rea50fiably practical, for unftreseen cirtumstancesand emergencies in order toensure that it can continue itschristièn obpttive5 fora minimum period. (see notes to the accounts. Note71 GI AlDum5 RÉVIEWOF MAIORIUSK The tharity is covered for buikliBand publ liability insurance reviewed 4nnualty- DECLARATlOt4 I declare In my c3paclty ofTrusiee.that.. ThÈTrusteÈshave appr¢)ved the rewrraboveand leaf and have auihorised me ro sign on their behalf. . MRS M. GOWDIE 25. April 2025 Pa8e 2
PÉNDENTE 141TRI MINERS REPORT TIIE MAN We report wthe attounts of the charity forthe year en&d 31 Decemb 2024 whith are attached ReSpecte rw0nbIllllQs Df tru5teeand exarnlneTS Asthe Charivs management coNmitteÈ, you ar* re5pon51ble forthÈpreparatlon ofthe accouffls., you considerthatthe audit requ1Mentof section 43121 olthe Charities Aci 1993 ItheAttI does not apply. It is our responsibilityto state. cn the basis of procedures specified in the General rectionS 8iven bythe Charty Commissioners under section 43171 of the A¢1, whether particularmatter5 have IL7cometo our attentlon. Bastsof IndependertteurnlMrfsr¢port Ourexèmination was carried out in acCOrdanWIth Gener81 Ditectionsgfven bythe Charity Commlssloners. An examination Indudes è re¥W of Ehe accouniinB record5 kept bythe Charity and a comparlson of the accounts preserted wthth05e record5. Italso in¢ludescon5ideration olanv unusual items ordlsclosures in rhe accounts and seekin8 èxplanations fromyou as trustees concerningany Such mattws. The procedures undertaken do not providè all the evtdeneethatwould be requlred in an audlt, and consequently ¥Ye do not express an audltopinion on the vlew Èiven bv the aCcn It)dependentwmlrtee5Statement I Which 8lves reasonablecauseto beliethat Snany m&teiial respertthe requiremeots., -tts keep accounting reeords in accordatstÈ with sectlon 41 ofthe Act.. and -to prepare actOUAtswhich accord with the accou4)tin8 re¢ord5 aTrJ tocomp %wth the accounting requirements of the Act have not been met,. or 2 to which in ouroplnlon.,8ttention should drèwn in order toenable a wo undersrondlng ofthe accountsto be reached. Shrl Poran FCCA FAIA 180 Foxley lar Purley Surrev CR8 INF Page 3
MIMsfRI ENfoFH CIAL FOR THEYEAR EfiD DE 2024 2013 UIIIIESTrICTED FUPIDS REsTricfED FUNDS TOTAL INCOMING RESOURCE5 rithe5 offeiin8S Backto school Total IrbwrnlTr8rtswrce5 38,355 38.355 26A24 38,355 38.355 26,424 RCSCAJRCESEXPENDED Establishment expenses Administrativeexpen5e5 Finantial and otherexpense5 To¢41 resoureesexpEnded 9.772 31,814 1.014 42,6rJ) 9,772 31,814 1.014 42,6LKI 7,737 20,405 1,171 29,413 Net ltsut8(In45)nrUrnl reso¥r¢es beforetranslqrs Gro55 tra1$ bÈtween lyn05 Netlou8oln8slllncomln8re50urtts•ftertr8nsfe 142451 142451 129891 142451 142451 12989 Pège 4
t M1141 TATEMENT FIANa AcfMllES THEYENk IDE 2023 LINRE5fRicfED FLFNDS RESTRICYED FUIIDS TOTAL ADMINISTRAnVE ÈXPtPlSES Estsbllshmentexpense5.' Rent ènd services Insurance Church expEnse5 Repairsand mèintenante 5,392 5.392 3,598 145 3,698 296 4,234 146 9,772 4.234 146 9,772 7,737 AdmSnhtraii¥ee4>ervs Quireach Ministr5 Church Social event5 H05Pltalty and ¢aterin8 Telephone Youth Education Motor ènd travel expense$ PrfThtin8 and stationery WtbsileC05ts Chureh mu5ir costs Memberin crisis IL391 1.485 3,791 365 1158 7,182 396 5LK) 5256 11.391 9,961 798 3.598 112 24D 3,791 365 1158 7,18Z 396 S(XJ 5256 29) 78 238 3,820 1,370 31,814 31.814 20.405 Nnan¢lal and0tre1Ven$Qs. 84nk Charges Attountoncy Oeprttiation 18 834 419 720 294 720 294 1,014 1,014 1,27L 42,6ry) P28e5
NDOPI 31DE MBER 2024 UNREsrAicfEO FUNDS RE%rnicfED FUNDS FIXED A5SErs Tanle&S$ets S89 589 CUIIRENT ASSETS Cush otbonk•ndln Debtors 40,305 6,914 47,219 46,751 4,419 51,170 6.914 47.219 CVIIREMT lmE$ Creditors and accruals OJAAEP4T ASSETS 47,219 47.219 51,170 TOTALL4SETS LESS CURPEPIT LIABIUTIES 47,808 47.808 52,053 Reserves 47,808 47,808 52,052 We provetheseattount5 and confirm thatwe have rnade avallaNe all relevant record5and Informarirn lortheirpraparation. Mfts M. GOWDIE (TRENSURERI DATE.. 25.Aprll 2025 PaBe 6
E MINI EST OECEMBER I ACCOUNnNG pOLE$ Accwniing convention ThÈsefinancial statements have been prepared undeythe hl#orital costcowention 2 DEPRECIATION Depreclation 15 calculaied to wrlte off thee05t of thefixed assets overt1rireImate useful Il¥es on rhefotlowing ènnual ba5es'. Chvrth fuinityreand eQuipenT 25%reduclnB balance 3 114CfthlEANg EXPENOITURI All incorne and expÈnditure represent5 unre5trKted fund Improvernents to prenMse5 Fumrtvre & Equipment 4 FL¥EDASS Totsl At l Jantsary 2023 1.743 t183 13,626 At 31 Deomber 24 1.743 I13 13,626 Depretlathn At l January 2023 Charge Foriheyeai At 31 December 2024 1,2 174 11.525 120 11,645 12.743 294 13.037 1392 Net Bookvalue At 31 Decernber 2023 525 358 At 31 December2024 351 238 589 S CURRÉMf UAYIUTIES 2023 Accruals Gerteral Reserve Restrfcied Reserve 6 RESERVES Totsi At l Janw 2023 Net Incoming Resoufces At 31 December2024 52,053 142451 47A08 SI53 14245 47*08 S5.12 12989 51053 Poge 7
ISThIES. LOND014 DECEMBER 7 RESERVE POLKY 11 Isthe viewof the Trustees that it is prudent to set aslde suffictnt fvnd5 that I11 allow oll ¢perational coststo be met for a minimum period of t%Yelve month& Thls will pern)it Hopp London to contk)uè its seMce5 and objectjve5. Pa8e8