2023-03-31-accounts - Hope Leeds Community Church CIO

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Hope Leeds Community Church CIO

Charity number 1168120

Annual Report and Financial Statements

for the year ended 31 March 2023

Hope Leeds Community Church CIO

Annual Report and Financial Statements for the year ended 31 March 2023

Contents	Page
Trustees' report	2 to 4
Examiner's report	5
Receipts and payments account	6
Statement of assets and liabilities	7
Notes to the accounts	8 to 9

Prepared by West Yorkshire Community Accountancy Service CIO

Hope Leeds Community Church CIO

Trustees' report for the year ended 31 March 2023

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position

Danilo Alimba Chair Gemma Tacderas Treasurer Jingle Ortiz Secretary Charity number 1168120 Registered in England and Wales Registered and principal address Bankers 49 The Rein HSBC Bank Plc Seacroft PO Box 105 Leeds 33 Park Row LS14 1LA Leeds LS1 1LD

Independent examiner

Sarah Coates MAAT West Yorkshire Community Accountancy Service CIO Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a Charitable Incorporated Organisation (CIO) formed on 7 July 2016 and is governed by a constitution.

Method of recruitment and appointment of trustees

The trustees of the charity are appointed by the members at the AGM.

Hope Leeds Community Church CIO

Trustees' report (continued) for the year ended 31 March 2023

Objectives and activities

The charity's objects

1) To advance the Christian religion in England and Wales, mainly Yorkshire and the Humber, particularly the Metropolitan District of Leeds.

2) To advance the education of the public in the Christian religion.

3) The advancement of the Christian religion mainly, but not exclusively, by means of broadcasting the Christian religion messages of an evangelistic and teaching nature.

4) To advance the Christian religion for the benefit of the public through the holding of prayer meetings, lectures, public celebration of religious festivals, producing end or distributing literature on the Christian religion to enlighten others about Christian religion.

5) The prevention or relief of poverty by providing items and services to individuals in need.

The charity's main activities

Regular Sunday Services.
Sunday school conducted for children.
Weekday prayer meetings and quarterly corporate prayer meetings.
Marriage and parenting counselling.
Weekday Bible study group for families, working adults, young adults and youth.
Leadership training - virtually via Zoom, leadership retreat.
Community activities – Meet and greet events for UK newcomers
Summer Camp.
Easter Camp - HOPE Fest
Marriage Course
Family beach day outings – including but not limited to baptisms

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit.

Achievements and performance

Able to reach out nationally and internationally via our Sunday virtual service and mid-week Bible study
Continued charity usual activities as mentioned above – virtually and in person
1 new church plant in Malton
13 new baptisms since January 2023 - 6 in Leeds and 7 in Malton
Basketball outreach - 9 events to date
Birthed 6 new bible study groups

Hope Leeds Community Church CIO Trustees' report (continued) for the year ended 31 March 2023

Financial review

The net receipts for the year were £37,357, including net receipts of £29,427 on unrestricted funds and net receipts of £7,930 on restricted funds after transfers.

The trustees have reassessed the charity’s ability to continue for at least 12 months from the date that the accounts are approved and conclude that no material uncertainties exist that cast significant doubt on the charity’s ability to continue as a going concern

Reserves policy

The charity's free reserves, at the year end were £128,932.

The purposes of the church reserves are:

1) for the future purchase of church building if the church building fund is not sufficient.
2) for future staff employment
3) for church expenditure if the regular donations are not sufficient to cover it.

To achieve the above, the maximum amount of the reserves should be £99,000.00 and the minimum amount of reserves should be £12,000.

The Trustees are aware that the Church has excess free reserves for the year 2023-2024. The excess will be used for the following:

To purchase a Van ( 12-17 seater)
Increase the number of mission fields and trips
For Leadership training abroad -subsidies expenses
4.For local training courses (Marriage and Parents Course )purchase necessary materials
Increase Evangelistic Events (example: Basketball ) 6. For Community Service and Special events

Approved by the board of trustees on 14/01/2024

Gemma Tacderas (Trustee)

Hope Leeds Community Church CIO

Independent examiner's report to the trustees of Hope Leeds Community

Church CIO

I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2023, which are set out on pages 6 to 9.

Responsibilities and basis of report

As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the CIO's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records.

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.

Sarah Coates MAAT

15/01/2024

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Hope Leeds Community Church CIO

Receipts and payments account for the year ended 31 March 2023

Notes 2023 Unrestricted funds £ Receipts Offerings and tithes 65,521 Campers payments 3,790 Building fund pledges - Donations and love gifts 2,340 Total receipts 71,651 Payments Salaries 1,400 Rent 6,893 Leadership conference and training - Church supplies 3,053 Church equipment 4,765 Transport 1,100 Events and activities 7,440 Insurance 234 Independent examination 420 Miscellaneous 983 Mission support / Hope Church worldwide 11,393 Love offering 1,600 Benevolent fund 300 Campers venue payment 2,643 Total payments 42,224 Net movement in funds 29,427 Fund balances brought forward 99,506 Fund balances carried forward (2) 128,932	2023 Restricted funds £ - - 8,027 - 8,027 - - - - - - - - - 97 - - - - 97 7,930 53,897 61,827	2023 Total funds £ 65,521 3,790 8,027 2,340 79,678 1,400 6,893 - 3,053 4,765 1,100 7,440 234 420 1,080 11,393 1,600 300 2,643 42,321 37,357 153,403 190,759	2022 Total funds £ 47,198 - 2,000 5,798 54,996 6,564 4,531 82 2,967 462 1,049 5,503 257 420 531 7,768 300 300 - 30,734 24,262 129,141 153,403

Hope Leeds Community Church CIO Statement of assets and liabilities

as at 31 March 2023 2023 Unrestricted £ Cash funds Cash at bank 128,932 Total cash funds 128,932 Debtors and prepayments Debtors - HMRC gift aid Prepayments Assets retained for the charity's own use Musical equipment Kitchen equipment 2 x Laptops Various other equipment Liabilities Creditors Accruals - Independent examination	2023 Restricted £ 61,827 61,827	2023 Total £ 190,759 190,759 2023 £ 25,179 58 25,237 2023 £ 453 720 1,173	2022 Total £ 153,403 153,403

The financial statements were approved by the board of trustees on 14/01/2024

Gemma Tacderas (Trustee)

Hope Leeds Community Church CIO

Notes to the accounts

for the year ended 31 March 2023

1 Accounting policies

Basis of accounting

The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.

There has been no change to the accounting policies since last year.

No changes have been made to the accounts for previous years.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Salaries

Payroll is administered by Hope Leeds Community Church who is registered as the employer for two staff, with an agreed part of the costs being met by the central Church.

Only the contribution paid by Hope Leeds Community Church is recognised in the Receipts and payment account.

Hope Leeds Community Church CIO

Notes to the accounts continued

for the year ended 31 March 2023

2 Restricted funds Building fund Fund name Building fund	Balance b/f Incoming Outgoing £ £ £ 53,897 8,027 97 53,897 8,027 97 Reason for designation To fund the purchase of a property.	Transfers £ - -	Balance c/f £ 61,827 61,827

3 Related party transactions

Donations from trustees and related parties

The total aggregate value of unconditional donations to the charity from the trustees or related parties was £11,175 (2021: £10,005).

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.