2024-12-31-accounts

Hope Church Colchester Limited A company limited by guarantee FINANCIAL STATEMENTS for the year to 31st December 2024 Company Number 08563346 Charity Number 1154059

Hope Church Colchester Limited A company limited by guarantee FINANCIAL STATEMENTS for the year to 31st December 2024 CONTENTS Company Information Trustees, Report Statement of financial activities Balance Sheet Notes The following pages do not form part of the statutory accounts Accountants Report

Hope Church Colchester Limited A company limited by guarantee Company information for the year to 31st December 2024 Charity registration number Company registration number 1154059 08563346 Trustees John Spademan David Scrimshaw l<ym Stroud Merle Johnson REGISTERED OFFICE I Ventura drive Colchester C012FG BANKERS CAF Bank ACCOUNTANTS Neil Loxley Accountancy Servlces

Hope Church Colchester Limited A company limited by guarantee Trustees report for the year to 31st December 2024 Hope Church Colchester is a charitable compa ny limited by guarantee incorporated on IQ Ju ne 2013 and reElStered as charity. The company was establlshed under a memorandum of association which established the objects and powers of the charltable company and is governed under its artlcles of assoclation. In the event of the company belng wound up mem bers are required to contrlbute an amount not. exceedlng £1. The organ isation of the work of Hope Church Is In the hands of the trustees. The governlng documents provlde for new trustees to be appointed by the current trustees. The object5 of the charlty are to advance the Chrlstian faith in accordance wlth the statement of bellefs, to relieve those who are in need, hardshlp or are aged or sick and to promote and f ulfil other purposes beneficial to the community. The ma in area of the charity's operations is the county of Essex. Durln8 the year funds received from all sources have been used to maintain a congregation in Colche5ter with its assoclated activitr'es. Flnanclal Posltton The accounts on pa8es 3 and 4 set out the transactions for the period. The trustees are saiisfied with the overall position. Thè trustees are confident that the long term vlabl Ilty of the company is not in question, Reserves pollcy The trustees have examlned the charlty's requlrem&nts for reserves In the light of the maln risks to the organlsation and consider that I'he unrestricted fu nds held by the charity should be between 3 and 12 months expènditure, Future plans The trustees plan to conti nue and grow the activltles of the cangregatian In forthcomi ng years. Small company exemptions The directors are satisfied that the company was entitled to exemption under subsection111 of section 249A of the Com panies Act 1985 and that no member or members have requested an audit pursuant to subsection121 of section 249B. The directors acknowledge their responsibilities for,, 11 Ensurin8 that the company l<eeps accountlng records which com ply with section 221,. and 111 Preparing accounts which glve a true and falr view of the state of affairs of the company as at the end of the flnancial period and of Its proflt or loss In the financial period in accordance with the requirements of Section 226, and whlch otherwise comply with the requlrements of thls Act relating to accounts, so far as appllcable to the company. The directors have taken advantage of the special exemptlons conferred by Part l of Schedule 8 of the Companies Act 1985 and have done 50 on the grounds that in thei r opinion the Compeny is entitled to these exemption5 as a small company. Trustee

Hope Church Colchester Limited A company limited by guarantee Statement of financial activities for the year to 31st December 2024 Restricted Un restricted funds f unds Total 2023 Note Incom Ing resources Gifts & donations 1,781 29,316 31,097 35,888 Interest 5,426 5,426 4,685 Total Incomln8 resources Charltable expenses Stipend costs 13,574 13,574 14,723 Building & office cost5 5,966 5,966 7,760 Mlnistry expenses 3,263 3,263 2,857 Grants & overseas exps 70 85 59 Total charitable expense5 Administrative expenses 11,147 26,511 37,658 29,935 Accountancy 150 150 150 Total resou￿e$ eKpended Surplu5 for year -9,366 8,081 .1,285 10,488 Retained profit brought forward 232,356 Retalned profit carrled forward Balance sheet As at 31st December 2024 2023 Current assets Bank accounts 225,728 226,084 Debtors- Glft ald tax reclaimable Total current assets 231,371 232,506 Current liabilities 300 Net assets ZILL56 Restricted funds 587 9,953 U nrestricted funds 230 484 222 Total funds 1071 On behalf of the trustees

Hope Church Colchester Limited A company limited by guarantee Notes to the accounts for the year to 31st December 2024 l. Accounting pollcles The accounts have been prepared in accordance with applicable accountin8 Standards. There were no materlal depa rture5 from those Standards, al Basis of prep4ration of financial statements. The financial statements have been prepared under historlcal cost accounti ng rule5. The effect of event5 reladn8 to the vear which occurred before the date of approval of the financlal statements by the trustee5, have been Included In the statements to the extent required to show a true a nd falr vlew of the state of affalrs at the year end a nd of the results for the perlod ended on that date. bl Fund accoundng U nre5trlcted fund5 are avallable for use at the discretlon of the tru5tee5 In furthera nce of the general oblectives of the charity. Restricted funds are subjected to re5triction5 on their expend iture Imposed by the donor or through the terms of an appeal. The restricted funds are for relief of poverty or need in the congregatlon or communlty. I Incoming resources I ncome 15 included at the date the charlty15 entitled to that income, The tax recoverable on glft aid donations is Included on the date the origlnal glft is recelved, The value of services provlded by volunteers has not been Sncluded In these account5, dl Re50urce5 expendable Expen5e51s recogn15ed on an accruals basls as a Ilabllity Is incurred el Capital equipment The costs of minor addltions or those less than £3,000 are not ca pltalised but any fixed assets are stated at cost less accumulated depreclation. DepreCIa￿On Is provided at rates calculated to wrlte off the cost of the asset over Its expected useful Ilfe, In all cases estlmated at 4 years. 2. Creditors.. Amount5 falllng due withln one year - Trade ¢redltors £ 300 ply £150 3, Trustee remuneratlon & related party transactions No trustee recelved any remunerats'on during the year, No trustee had any pe￿onal Interest in a ny contract or transaction entered into by the charlty during the year 4. Taxation,. As a charity Hope Church is exempt from taxatton on Income and galns to the extent that these are applied to the charitable object5. No tax charge5 have arisen in the charitv 5. Analys15 of net assets between funds Restricted f unds Unrestricted funds total Net current assets 587 230,484 231,071

1. Funds blf Income exps clf Resticted - Body needs -682 71 -611 Restricted - NLCC 9,9S8 1,710 -10,500 1,198 Care Garden Total restrlcted 9,953 1,781 -11,147 587 General fund 230,484 Total funds 232,356 36,523 -37,808 231,071 8, Compar150n for prevlous year- 2023 Restrlcted funds Unrestrlcted funds Total Incomlng resource5 Gifts & donations 2,577 33,311 35,888 I nterest 4,685 4,685 Total Incomlng resources Charitable expenses stipend costs 14,723 14,723 Buildlng & offi'ce costs 7,760 7,760 Ministry expen5e5 2,857 2,857 Gra nts & overseas exps Total charltable expenses Administrative expenses 29,935 Z9,935 Accountancy 150 150 Totsl resources expended Surplus for year 2,577 7,911 10,488 Retained profit brought forward 221,868 Retained profit carrled fonvard

Independent Examlner's report to the Trustees of Hope Communlty church Colchester Ltd I report on the accounts of tho trust for the year ended 31st December, set out on pages 5 and 6. Respecttve responslbllities of trustees and examlner A5 the tharlty's trustee5 you are respDnslble for the preparation of the accounts; you consider that the audit requirement of sectTon 43121 of the charities Act 1993 (the Act) does not apply. It Is my responsibility to state, on the basis of procedures specified in the General Direcdons glven by the Charlty Commlssloners under section 4317llbl of the Act, whether particular matters have come to my attentlon. Basls of Independent examlner's report My examination was carried out in accordance with the General Directions given by the Charity Commlssloners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented wlth those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeklng explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evldence that would bè required In an audlt, and consequently I do not express an audit opinion on the view given by the accounts. Independent examlner's statement In connection with my examination, no matter has come to my attention: iii which gives me reasonable cause to belleve that In any materlal respect the requlrements to keep accounting record5 in accordance with section 41 of the art,, and to prepare accounts which accord with the accounting records and to comply with the accOun￿n8 requirements of the act have not been met,. or 121 to whlch, In my opinion, attentlon should be drawn in order to enable a proper understandi ng of the accounts to be reached Neil Loxley.