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

6. 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.