**REGISTERED COMPANY NUMBER: 08420082 (England and Wales) REGISTERED CHARITY NUMBER: 1151360**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
## **FOR**
## **HOPE CHURCH HARROGATE**
DSC Chartered Accountants Tattersall House East Parade Harrogate North Yorkshire HG1 5LT
**HOPE CHURCH HARROGATE**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|5|
|**Independent Examiner's Report**||6||
|**Statement of Financial Activities**||7||
|**Statement of Financial Position**|8|to|9|
|**Notes to the Financial Statements**|10|to|18|
**HOPE CHURCH HARROGATE (REGISTERED NUMBER: 08420082)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
The trustees, who are also directors of the charity for the purposes of company law, present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of the Statement of Recommended Practice 'Accounting and Reporting by Charities' (SORP FRS 102).
The charitable company was incorporated on 26 February 2013.
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
The charity's objects for the public benefit are:
- a) To advance the Christian faith in accordance with our Statement of Beliefs appearing within this report, in Harrogate and in such other parts of the United Kingdom or the world as the trustees of the charity may from time to time think fit and to fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the charity;
- b) To relieve aged persons and persons in conditions of need, hardship, sickness, or distress arising therefrom whether in connection with housing or accommodation or shelter or any other purpose (whether by way of loan, gift, the provision of accommodation or shelter or in any other way) in Harrogate and in such other parts of the United Kingdom or the world as the trustees may from time to time think fit;
- c) To advance education, whether of children (above or below compulsory school age) or of adults.
## **Significant activities**
HOPE Church works out these aims and objectives through its members by:
Holding regular meetings in public locations such as town centres, parks and local community centres; as well as our regular Sunday morning meeting in the main hall of Ashville College in Harrogate which provides an opportunity to worship and hear practical Biblical teaching. All these meetings are open to anyone who wishes to attend and recordings of the teaching are freely available to the public via our website. We also hold courses such as "Alpha" that are promoted in public venues such as cafés and bars and are open to anyone of any faith or none to attend; as are our other regular times of prayer and worship.
Working with, supporting and partnering with other churches and organisations in the area that help alleviate poverty. We are also proactively involved in the work of "Reflect" (Pregnancy Choice & Loss Support) and "The Village Harrogate" (helping vulnerable new mothers) which were groups started by and supported by members of HOPE Church.
Running our own children's work via "HOPE Kids" activities.
The charity carries out a wide range of activities in support of its charitable aims. The trustees consider that these activities, provide benefit to both active members of the Church and the wider community of Harrogate.
## **Public benefit**
The trustees have complied with the duty in section 17 (5) of the 2011 Charities Act to have due regard to guidance published by the Charity Commission.
## **Grantmaking**
HOPE Church aims to be a generous church and as such we regularly try to give donations and/or grants to other organisations and at times individuals that the Trustees feel are in line with our charitable objectives.
## **Volunteers**
In there are approximately 100 individuals volunteering in a wide variety of roles that support and enable Sunday morning meetings and the delivery of charitable aims from week to week.
Page 1
**HOPE CHURCH HARROGATE (REGISTERED NUMBER: 08420082)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable Activities**
During the year under review, the main area of progress and achievement included:
1. Continued Sunday morning meetings providing an opportunity for worship, practical biblical teaching, and community building, including online streaming via YouTube.
2. Growing Hope Kids, our children's work during our Sunday morning gatherings, to include a new group and cover a wider age range
3. Development of Hope Youth initiatives, diversifying the provision of activities during the week and establishing Sunday morning groups to aid transition from HopeKids.
4. Continued development of Midweek Groups, encompassing new geographic locations and providing pastoral care and leadership training.
5. Secured a premises for The Village that increases the project's capacity to address the material needs of new families and create space to help build community and address emotional needs including loneliness.
6. Establishing a Senior Leadership Team to provide effective oversight and facilitate strategic vision for the church's future development.
7. Contributed to the establishing of a UK Team within the ChristCentral Churches network that supports other churches and the planting of new churches.
8. Granted financial gifts and practical support to individuals in need and to other charitable organisations with similar objectives, including supporting churches in Ukraine and surrounding countries respond to the war and its effects.
## **FINANCIAL REVIEW**
## **Reserves policy**
Hope Church will maintain unrestricted cash reserves at a level that covers a minimum of three months, and a target of six months, of gross salary expenses and ongoing fixed-term contract commitments. As of 31 March 2023, this is estimated to be a minimumof £38,299 and a target of £76,597. Any reserves exceeding this amount will be designated to the Building Fund. These reserves are in place to ensure that the church can continue to operate even during periods of unusual expenses or unexpectedly low income.
Page 2
**HOPE CHURCH HARROGATE (REGISTERED NUMBER: 08420082)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
## **FINANCIAL REVIEW**
## **Budget**
When setting the budget, the trustees planned for a healthy increase in donations. This gave an overall budgeted income figure of £250,585 (2022: £204,675).
On the expenditure side the Pastors discussed their plans for the year with the trustees who approved a balanced expenditure budget of £250,268 (2022: £204,310).
## **Income**
Overall our total income for the year was £269,213 (2022: £260,009); up 7% on the budget figure and up 4% from the overall income for 2022.
A breakdown of the actual income sources for 2023 is shown below.
|Hope|77%|
|---|---|
|Gift Aid|16%|
|Projects|6%|
|Vancouver|0%|
|Cambodia|1%|
|Building|0%|
|The Village|0%|
|The Village: Restricted|0%|
|||
|TOTAL|100%|
|||
## **Expenditure**
Overall our total expenditure for the year was £262,198 (2022: £211,463); up 5% on the budget figure and up 24% from the overall expenditure in 2022.
## **FUTURE PLANS**
The church's planned initiatives for the current and subsequent financial years include continuation of the following:
1. Further developing the provision for community building using the new premises for The Village, especially in meeting the emotional need of new parents and easing the burden of loneliness, as well as the practical and material needs.
2. Increasing the number of HopeKids groups on a Sunday morning to allow for better care for and teaching of children.
3. Partnering our Youth work with the summer conference, Newday, to help build relationships, receive age-appropriate practical bible teaching and connect with other similar youth groups from around the region and UK.
4. Establishing a Wider Leaders Community to aid leadership development and catalyse new areas of work in the Harrogate area.
5. Expand our Midweek Group offering to include new times of day and geographic locations, providing pastoral care support and training for spiritual formation.
6. Restart participation in the national 'Alpha' initiative.
7. Continued work with ChristCentral Churches to support other churches locally, nationally and internationally, especially in the training of leaders.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, the memorandum and articles of association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Page 3
**HOPE CHURCH HARROGATE (REGISTERED NUMBER: 08420082)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Recruitment and appointment of new trustees**
New trustees are recruited and appointed on the recommendation of existing trustees/members from within the community of HOPE church. There is a required minimum of three trustees but no maximum number.
## **Induction and training of new trustees**
The induction and training of trustees is provided through in-house training with specific emphasis on safeguarding and external training provided for new trustees of faith based charities by Stewardship
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
08420082 (England and Wales)
## **Registered Charity number**
1151360
## **Registered office**
Tattersall House East Parade Harrogate North Yorkshire HG1 5LT
## **Trustees**
P J Webb (resigned 26/10/2022) S L Williams - Chair of Trustees A N Price P Zambonini D M Kunar R E Shepherd (appointed 6/10/2022) O R Akinrinola (appointed 6/10/2022) D J Marsh (appointed 6/10/2022)
## **Company Secretary**
S L Williams
## **Independent Examiner**
DSC Chartered Accountants Tattersall House East Parade Harrogate North Yorkshire HG1 5LT
Page 4
**HOPE CHURCH HARROGATE (REGISTERED NUMBER: 08420082)**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023**
## **STATEMENT OF BELIEFS**
We believe in:
The one true God who lives eternally in three persons-the Father, the Son and the Holy Spirit.
The love, grace and sovereignty of God in creating, sustaining, ruling, redeeming and judging the world.
The divine inspiration and supreme authority of the Old and New Testament Scriptures, which are the written Word of God-fully trustworthy for faith and conduct.
The dignity of all people, made male and female in God's image to love, be holy and care for creation, yet corrupted by sin, which incurs divine wrath and judgement.
The incarnation of God's eternal Son, the Lord Jesus Christ-born of the Virgin Mary; truly divine and truly human, yet without sin.
The atoning sacrifice of Christ on the cross: dying in our place, paying the price of sin and defeating evil, so reconciling us with God.
The bodily resurrection of Christ, the first fruits of our resurrection; his ascension to the Father, and his reign and mediation as the only Saviour of the world.
The justification of sinners solely by the grace of God through faith in Christ.
The ministry of God the Holy Spirit, who leads us to repentance, unites us with Christ through new birth, empowers our discipleship and enables our witness.
The Church, the body of Christ both local and universal, the priesthood of all believers-given life by the Spirit and endowed with the Spirit's gifts to worship God and proclaim the gospel, promoting justice and love.
The personal and visible return of Jesus Christ to fulfilthe purposes of God, who will raise all people to judgement, bring eternal life to the redeemed and eternal condemnation to the lost, and establish a new heaven and new earth.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 11 December 2023 and signed on its behalf by:
S L Williams - Trustee
Page 5
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOPE CHURCH HARROGATE (REGISTERED NUMBER: 08420082)**
## **Independent examiner's report to the trustees of Hope Church Harrogate ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2023.
## **Responsibilities and basis of report**
As the charity's 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 charity'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 your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the 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
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Graham French
The Institute of Chartered Accountants in England and Wales
DSC Chartered Accountants Tattersall House East Parade Harrogate North Yorkshire HG1 5LT
11 December 2023
Page 6
**HOPE CHURCH HARROGATE**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2023**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
3
269,213
**EXPENDITURE ON**
**Charitable activities**
4
Giving, discipleship & pastoral support
148,382
Congregation meeting costs & church gatherings
66,908
Governance costs
2,886
Outreach expenses
32,846
Training expenses
10,210
**Total**
261,232
**NET INCOME/(EXPENDITURE)**
7,981
**Transfers between funds**
16
(803)
**Net movement in funds**
7,178
**RECONCILIATION OF FUNDS**
Total funds brought forward
133,423
**TOTAL FUNDS CARRIED FORWARD**
140,601|Restricted
funds
£
-
-
966
-
-
-
966
(966)
803
(163)
163
-|2023
Total
funds
£
269,213
148,382
67,874
2,886
32,846
10,210
262,198
7,015
-
7,015
133,586
140,601|2022
Total
funds
£
260,009|
|---|---|---|---|
||||105,871
51,526
2,694
42,794
8,578|
||||211,463|
||||48,546
-|
||||48,546
85,040|
||||133,586|
## **CONTINUING OPERATIONS**
The results from the year derive from continuing activities and there are no gains or losses other than those shown above.
The notes form part of these financial statements
Page 7
## **HOPE CHURCH HARROGATE (REGISTERED NUMBER: 08420082)**
## **STATEMENT OF FINANCIAL POSITION 31 MARCH 2023**
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
13
6,270
**CURRENT ASSETS**
Prepayments and accrued income
3,971
Cash at bank
144,613
148,584
**CREDITORS**
Amounts falling due within one year
14
-
**NET CURRENT ASSETS**
148,584
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
154,854
**ACCRUALS AND DEFERRED INCOME**
15
(14,253)
**NET ASSETS**
140,601
**FUNDS**
16
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
-
-
9,560
9,560
-
9,560
9,560
(9,560)
-|2023
Total
funds
£
6,270
3,971
154,173
158,144
-
158,144
164,414
(23,813)
140,601
140,601
-
140,601|2022
Total
funds
£
5,618
4,353
133,470
137,823
(2,082)
135,741
141,359
(7,773)
133,586
133,423
163
133,586|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 8
**HOPE CHURCH HARROGATE (REGISTERED NUMBER: 08420082)**
## **STATEMENT OF FINANCIAL POSITION - continued 31 MARCH 2023**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 11 December 2023 and were signed on its behalf by:
S L Williams - Trustee
The notes form part of these financial statements
Page 9
**HOPE CHURCH HARROGATE**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023**
## **1. STATUTORY INFORMATION**
HOPE Church Harrogate is a charitable company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found in the 'reference and administrative details' section of the Report of the Trustees.
## **2. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Incoming grants are measured using the accrual model.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Charitable activities**
Costs of charitable activities comprise all costs incurred in the pursuit of the charitable objects of the charity. These costs, where not wholly attributable, are apportioned between the categories of charitable expenditure in addition to the direct costs.
## **Allocation and apportionment of costs**
Support costs are fully allocated to the charitable activities of the church in approximately the ratio in which direct costs are incurred.
Support costs includes staff costs relating to administration, but does not include costs relating to employees involved directly in charitable activities. These are allocated to the charitable activities in which they are primarily involved.
## **Tangible fixed assets**
Tangible fixed assets are measured on the historical cost basis.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 33% on cost
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
Page 10
**HOPE CHURCH HARROGATE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **2. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Prepayments and accrued income**
Prepayments are recognised when the associated payment has been made, until the associated goods or services have been received.
Accrued income is recognised as the charity becomes entitled to it and is measured at fair value.
## **Cash at bank and in hand**
Cash at bank and in hand represents cash held and accessible immediately.
## **Creditors and provisions**
Creditors and provisions are recognised where there is a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount after allowing for any trade discounts due.
## **Going Concern**
The accounts are prepared on the going concern basis. There are no material uncertainties about the charity's ability to continue.
## **3. DONATIONS AND LEGACIES**
|Donations
Gift aid
Grants
Ticket income
Interest|2023
£
225,409
43,114
500
-
190
269,213|2022
£
217,590
41,158
1,000
261
-|
|---|---|---|
|||260,009|
Grants received, included in the above, are as follows:
||2023|2022|
|---|---|---|
||£|£|
|Presence Church, Harrogate|-|1,000|
|The TK Maxx and Homesense Foundation|500|-|
||500|1,000|
Page 11
**HOPE CHURCH HARROGATE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **4. CHARITABLE ACTIVITIES COSTS**
|Direct
Costs (see
note 5)
£
Giving, discipleship & pastoral support
78,119
Congregation meeting costs & church
gatherings
62,919
Governance costs
-
Outreach expenses
27,475
Training expenses
6,543
175,056
**5.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
Staff costs
Congregation meeting & events
Outreach expenses
Training expenses
**6.**
**GRANTS PAYABLE**
Giving, discipleship & pastoral support
Outreach expenses
The total grants paid to institutions during the year was as follows:
ChristCentral Churches Worldwide
Jubilee Plus
Tidal Church, Vancouver
Christ Central Kenya
City Valley Church
Netmakers, Harrogate
Way Maker International
See Ability First International|Grant
funding of
activities
(see note
6)
£
46,074
-
-
2,275
-
48,349|Support
costs (see
note 7)
£
24,189
4,955
2,886
3,096
3,667
38,793
2023
£
115,010
45,568
11,366
3,112
175,056
2023
£
46,074
2,275
48,349
2023
£
32,110
1,560
-
-
1,454
800
5,000
2,000
42,924|Totals
£
148,382
67,874
2,886
32,846
10,210|Totals
£
148,382
67,874
2,886
32,846
10,210|
|---|---|---|---|---|
||||262,198||
||||2022
£
108,482
25,070
7,136
1,972||
||||142,660||
|||||2022
£
34,055
3,900|
|||||37,955|
|||||2022
£
11,716
1,440
10,235
3,030
-
-
-
-|
|||||26,421|
Total grants to individuals in the year were £5,425 (2022: £11,534) and were made in order to further our charitable objectives, helping those in need within our community, and also supporting our work in Cambodia and Kenya.
Page 12
**HOPE CHURCH HARROGATE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **7. SUPPORT COSTS**
|Governance
Management
costs
£
£
Giving, discipleship & pastoral support
24,189
-
Congregation meeting costs & church
gatherings
4,955
-
Governance costs
-
2,886
Outreach expenses
3,096
-
Training expenses
3,667
-
35,907
2,886
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
2023
£
Depreciation - owned assets
3,195|Totals
£
24,189
4,955
2,886
3,096
3,667|
|---|---|
||38,793|
||2022
£
5,266|
## **8. NET INCOME/(EXPENDITURE)**
## **9. TRUSTEES' REMUNERATION AND BENEFITS**
During the year Mr A Price held a contract of employment with the charity and received monthly remuneration.
The provision for trustees to receive remuneration, for the supply of services other than acting as a trustee, was provided within the articles of the charity. The remuneration provided to Mr A Price were for services provided in accordance with the charitable aims and no payment was made in their capacity a trustee.
Mr A Price received a gross salary of £41,556 (2022: £37,343) with an employer pension contribution of £5,137 (2022: £3,974) for his pastoral services.
Due to the potential conflict of interest, trustees and close relatives of trustees are excluded from remuneration and benefits discussions where they/their relatives are potential beneficiaries of changes or awards being considered by the trustees.
## **Trustees' expenses**
Trustees can claim expenses to reimburse them for costs that they incur in fulfillingtheir duties. These expenses were wholly in fulfilment of charity business. These charitable expenses were made as a result of trustees acting as employees on behalf of the charity.
|as employees on behalf of the charity.|||
|---|---|---|
||2023|2022|
||£|£|
|Computer costs|1,368|6,697|
|Hospitality|2,130|659|
|Staff functional costs|927|1,447|
|Meeting and events|3,032|516|
|Postage and stationary|651|246|
|Training|553|1,286|
|Travelling|401|338|
||||
||9,062|11,188|
||||
||||
||||
|Total number of trustees reimbursed for expenses|1|1|
Page 13
**HOPE CHURCH HARROGATE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **9. TRUSTEES' REMUNERATION AND BENEFITS - continued**
**Trustees' expenses - continued**
|**10.**
**STAFF COSTS**
Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Pastoral
Administrators
No employees received emoluments in excess of £60,000.
**11.**
**COMPARATIVES: 2022 STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
257,461
**EXPENDITURE ON**
**Charitable activities**
Giving, discipleship & pastoral support
105,871
Congregation meeting costs & church
gatherings
49,041
Governance costs
2,694
Outreach expenses
42,794
Training expenses
8,578
**Total**
208,978
**NET INCOME**
48,483
**Transfers between funds**
(100)
**Net movement in funds**
48,383
**RECONCILIATION OF FUNDS**
Total funds brought forward
85,040
**TOTAL FUNDS CARRIED FORWARD**
133,423||2023
£
111,542
3,239
8,043
122,824
2023
2
3
5
Restricted
funds
£
2,548
-
2,485
-
-
-
2,485
63
100
163
-
163||2022
£
101,904
4,191
8,106
114,201
2022
2
3
5
Total
funds
£
260,009|
|---|---|---|---|---|
||||||
||||||
|||||105,871
51,526
2,694
42,794
8,578|
|||||211,463|
|||||48,546
-|
|||||48,546
85,040|
|||||133,586|
Page 14
**HOPE CHURCH HARROGATE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **12. INDEPENDENT EXAMINER'S REMUNERATION**
The amount receivable by the charity's independent examiner was as follows:
|
Independent examination
Accountancy
**13.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 April 2022
Additions
Disposals
At 31 March 2023
**DEPRECIATION**
At 1 April 2022
Charge for year
Eliminated on disposal
At 31 March 2023
**NET BOOK VALUE**
At 31 March 2023
At 31 March 2022
**14.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Social security and other taxes
**15.**
**ACCRUALS AND DEFERRED INCOME**
Accruals and deferred income
Initial deferred income
Release of deferred income in the year
Incoming resources deferred
Deferred income carried forward|2023|2023|2023|||
|---|---|---|---|---|---|
||£|||||
||2,640|||||
||246|||||
|||||||
||2,700|||||
|||||||
|||||||
|||2023
£
-
2023
£
23,813||||
|||||||
|||||||
|||||||
|||||||
|||2023|||2022|
|||£|||£|
|||-|||120|
|||||||
|||-|||(120)|
|||||||
|||9,000|||-|
|||||||
|||||||
|||9,000|||-|
|||||||
|||||||
Page 15
**HOPE CHURCH HARROGATE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **16. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Projects designated fund
Cambodia designated fund
The Village designated fund
Building designated fund
**Restricted funds**
The Village restricted fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as
**Unrestricted funds**
General fund
Projects designated fund
Cambodia designated fund
The Village designated fund
**Restricted funds**
The Village restricted fund
**TOTAL FUNDS**|At 1.4.22
£
100,363
-
-
20,560
12,500
133,423
163
133,586
follows:|Net
movement
in funds
£
19,255
(12)
(623)
(10,639)
-
7,981
(966)
7,015
Incoming
resources
£
246,758
20,488
1,090
877
269,213
-
269,213|Transfers
between
At
funds
31.3.23
£
£
(1,195)
118,423
12
-
623
-
(243)
9,678
-
12,500
(803)
140,601
803
-
-
140,601
Resources
Movement
expended
in funds
£
£
(227,503)
19,255
(20,500)
(12)
(1,713)
(623)
(11,516)
(10,639)
(261,232)
7,981
(966)
(966)
(262,198)
7,015|
|---|---|---|---|
Page 16
**HOPE CHURCH HARROGATE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **16. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|Net
movement
At 1.4.21
in funds
£
£
**Unrestricted funds**
General fund
49,179
48,603
Projects designated fund
2,510
36
Cambodia designated fund
98
(63)
The Village designated fund
20,753
(93)
Building designated fund
12,500
-
85,040
48,483
**Restricted funds**
The Village restricted fund
-
63
**TOTAL FUNDS**
85,040
48,546
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
254,177
Projects designated fund
261
Cambodia designated fund
2,862
The Village designated fund
161
257,461
**Restricted funds**
The Village restricted fund
2,548
**TOTAL FUNDS**
260,009|Transfers
between
At
funds
31.3.22
£
£
2,581
100,363
(2,546)
-
(35)
-
(100)
20,560
-
12,500
(100)
133,423
100
163
-
133,586
Resources
Movement
expended
in funds
£
£
(205,574)
48,603
(225)
36
(2,925)
(63)
(254)
(93)
(208,978)
48,483
(2,485)
63
(211,463)
48,546|
|---|---|
The charity currently holds six funds:
- An unrestricted general fund which comprises the majority of the income and expenditure of the charity.
- Four designated funds, which represent resources earmarked for particular charitable goals. The trustees have the power to redesignate these funds.
- One restricted fund, which must be used in the fulfilment of specific charitable aims.
The objects of each of the funds are as follows:
**Projects designated fund** - An unrestricted fund for resources earmarked for stand-alone projects and events.
**The Village designated fund** - An unrestricted fund designated for the social action project that seeks to alleviate poverty across Ha rrogate and the surrounding areas.
Page 17
**HOPE CHURCH HARROGATE**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2023**
## **16. MOVEMENT IN FUNDS - continued**
**Building designated fund** - An unrestricted fund being saved for a future church building purchase.
**Reserve designated fund** - An unrestricted fund designated to hold the general reserve and other designated short-term savings.
**The Village restricted fund** - An restricted fund designated for the social action project that seeks to alleviate poverty across Harrogate an d the surrounding areas.
## **Transfers between funds**
Transfers between funds have been made in order to finance any deficit arising, or to correct small errors in allocation.
## **17. RELATED PARTY DISCLOSURES**
Ms E A Zambonini held a contract of employment with the charity during the year and is a close family member to trustee Mr P Zambonini.
Ms E A Zambonini received a gross salary of £13,103 (2022: £10,672) with an employer pension contribution of £6,720 (2022: £1,726) for her position as the Operations & Finance manager.
Due to the potential conflict of interest, trustees and close relatives of trustees are excluded from remuneration and benefits discussions where they/their relatives are potential beneficiaries of changes or awards being considered by the trustees.
Page 18