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2024-12-31-accounts

HOPE COMMUNITY CHURCH PONTYPRIDD AKA Hope Church Rhydyfelin

______

REPORT AND ACCOUNTS FOR THE PERIOD 1[st] JANUARY 2024 TO 31[ST] DECEMBER 2024 _______

C Management Services 69 Velindre Road Whitchurch Cardiff CF14 2TF

HOPE COMMUNITY CHURCH PONTYPRIDD

FOR THE PERIOD ENDED 31[ST] DECEMBER 2024

CHARITY INFORMATION

Trustees:

Jon Ryan (Chair from October 24) Ryan Denne (Chair until resignation in October 2024) Andrew Murray Mayuri Hargest (resigned April 2025) Anna Pitt (resigned May 2025) Andrew Davies (resigned July 2025) Tim Davies (appointed March 2025) Jason Ferreira (appointed May 2025)

Pastor: Jon Ryan Treasurer: Anna Pitt (until May 2025), Tim Davies (present) Charitable position: Registered Charity number 1170304 Governing Document: CIO Foundation Model dated 22[nd] November 2016

Address for correspondence: Hope Rhydyfelin Masefield Way, Rhydyfelin, Pontypridd CF37 5ES Independent Examiner: Paul Burnell ACMI C Management Services 69 Velindre Road CARDIFF CF14 2TF

Bankers:

HSBC 37 Cardiff Road Caerphilly Mid Glamorgan CF83 1WE

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CONTENTS

CONTENTS
CHARITY INFORMATION 2
REPORT OF THE TRUSTEES 4
Structure, Governance, and Management 4
Appointments 4
Meetings 4
Spending 4
Communication 4
Oversight 4
Objectives and Activities 5
Charity Purposes 5
Activities 5
In accordance with objective (a) 5
In accordance with objective (b) 5
In accordance with objective (c) 6
Statement on Public Benefit 6
Achievements and Performance 6
Financial Review 6
Financial Summary (1st January 2024 - 31st December 2024) 7
INDEPENDENT EXAMINERS REPORT 8
RECEIPTS AND PAYMENTS ACCOUNT 9
STATEMENT OF ASSETS AND LIABILITIES 10
NOTES TO THE ACCOUNTS 11

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HOPE COMMUNITY CHURCH PONTYPRIDD

REPORT OF THE TRUSTEES

FOR THE PERIOD ENDED 31[ST] DECEMBER 2024

The Trustees have pleasure in submitting the Report and Accounts for the period ended 31st December 2024.

Structure, Governance, and Management

Appointments

New Trustees are appointed from within the church/charity by existing trustees. New trustees are provided with a copy of the organisation’s governing document, the charity's latest accounts and meeting minutes, as well as various links to online guides and resources in order to help assist them in their role.

The role of chair of trustees was passed to existing trustee Jon Ryan in October 2024.

Meetings

Meetings occur approximately quarterly depending on agendas. Trustees discuss safeguarding, finance, personnel and property; making decisions about the direction of the charity as deemed necessary. Meetings in 2024 were held online for ease and accessibility to all trustees. Meeting notes from the meetings were made available to all trustees.

Spending

Spending either of interest or above £500 is run by Trustees first informally. Salaries are re-evaluated every 6 months. No salary changes occurred in the year.

Communication

For convenience, much of the communication between trustees was done using informal communication methods such as WhatsApp. E-mail communication was used for more formal communication between trustees. E-mails are stored and can be used as evidence of decisions alongside Trustee meeting minutes.

Oversight

The Charity is connected with several organisations: the Catalyst network of churches (part of New Frontiers), New Wine Cymru, and the Evangelical Alliance. These organisations continue to provide insight and guidance, supporting the church and bringing wider recognition.

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Objectives and Activities

Charity Purposes

The charity’s objects remain:

Activities

In accordance with objective (a)

In 2024 the charity held regular public meetings to worship God, preach from the Bible and have fellowship together. Guest speakers from other local churches were a regular feature as well as our “All-Age Services”, which were held roughly once a month. The allage services in particular often brought in families from the local community who had not previously attended our more traditional services, and provided great opportunities to share the christian faith with those not very familiar with it.

Collaborations and friendships with other local churches continued to grow in 2024. For a second year we had teams of South Koreans come to pray for us collectively as local churches. Each day the team moved to a different location and there were lots of interactions and shared prayers between the different congregations. As a response to the increased sense of unity between the local churches in April 2024 a “prayer and praise” service was launched. These have been held once every two or three months since.

Our weekly online Bible studies, where we studied the book of Psalms continued into October, and in place of life-groups, a men’s group and a women's group were established in March. These groups provide great opportunities for growing friendships and encouraging people in their faith.

In January we had the privilege of baptising two of the young adults that had been attending our services for over a year.

In accordance with objective (b)

We continued to support the work of the foodbank throughout the year, providing regular donations, as well as a special donation given as part of our harvest festival themed allage service. The number of food vouchers given out decreased from the previous year which was good to see.

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In accordance with objective (c)

As in previous years, we worked in collaboration with Rhydyfelin Community Group, supporting community events during the summer and concluding the year with volunteers dressed as elves chasing Santa Claus around Rhydyfelin shouting merry christmas and giving out free chocolates to children. Even though there was heavy rainfall people still lined the streets with beaming faces. Continuing with the event despite the severe weather seemed to make people appreciate the efforts that were made even more, and we had many lovely messages from people in the community as a result thanking us for our hard work.

Statement on Public Benefit

The charity trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to the public benefit guidance published by the Charity Commission in determining the activities undertaken by the charity during the year.

Achievements and Performance

Overall the charity's objectives have been achieved. Objectives (a) and (c) have been met more fully than objective (b), which has largely been due to many plans for poverty relief relying on the use of the building which still requires a lot of repair and renovation prior to use.

Financial Review

The charity has received continued giving through stewardship, monthly donations, oneoff donations and sponsorship of our full-time community worker. Most funds are raised through members giving monthly to the charity.

The charity does not have a reserves policy, but it has been decided approximately £2000-£3000 would be the appropriate level of total unprotected funds required to end the activities of the charity not already provided for or paid for within 3 months. This includes ‘redundancy’ type payments to any employees, stopping direct debits and rent payments and informing members they may wish to stop giving temporarily or permanently.

Initial Funds (1[st] January 2024): £10,362.90 (inc. £3,073.56 reserves) Concluding Funds (31st December 2024): £ 7,205.75 (inc. £3,133.55 reserves)

Operational funding has mostly been met by monthly or weekly giving by members who attend weekly meetings. Average regular operational giving for 2024 (including all sponsorship, stewardship giving and monthly giving), was approximately £1,812 per month [2023: £2,378] excluding Gift Aid. £250 [2023: £300] of this is direct sponsorship of our community worker. No Gift Aid was claimed during 2024 (2023: £5,206). This was reclaimed after the end of the Financial Period.

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Financial Summary (1st January 2024 - 31st December 2024)

Total income: £22,809.85 [2023: £34,015.35] Total expenditure: £25,967.00 [2023: £37,455.11]

Total Net income (expenditure): (£3,157.15) [2023: (£3,440.76)]

There is a small overall net outflow of funds during the course of the year similar to the previous year, but this represents the ongoing commitment of the charity towards the community to maintain activities regardless of monetary value.

Our current account has been quite stable thanks to decreased costs (no longer having a paid Pastor) and the generosity of supporters. Additionally, the monthly giving of members is still generally stable but does fluctuate as the church congregation varies.

It is worth noting that no gift aid for the previous year was claimed in this period, it was claimed the following financial year. Inclusion of the gift aid claimed in the following financial year of £4,445.70 would result in a small surplus of income over expenditure of £1,288.55.

Our publicly available financial review is attached as Appendix A.

This report was approved by the Trustees and is signed on their behalf by

Signature……..………………………… Name ……………………………….. Date 23[rd] September 2025 Position ……………………………..

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INDEPENDENT EXAMINERS REPORT

TO THE TRUSTEES OF

HOPE COMMUNITY CHURCH PONTYPRIDD

I report on the accounts of the Trust for the period ended 31[st] December 2024, which are set out on pages 9 to 12.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me reasonable cause to believe that in any material respect:

I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Paul Burnell

Paul Burnell ACMI

For and on behalf of:

C Management Services (trading name of C Mgmnt Services Ltd) 69 Velindre Road

Cardiff CF14 2TF

Date 23[rd] September 2025

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HOPE COMMUNITY CHURCH PONTYPRIDD

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE PERIOD ENDED 31[st] DECEMBER 2024

Note
RECEIPTS
Receipts from generated funds
2
Receipts
from
charitable
activities
3
Other receipts
4
Interest received
Total Receipts
PAYMENTS
Charitable activities
5
Governance costs
Total payments
Net Receipts/(Payments)
Transfers between funds
Fund balances at 1 January
2024
Fund balances at 31stDecember
2024
Unrestricted
Funds
£
Restricted
Funds
£
Total
Funds
2024
£
Total
Funds
2023
£
18,017
3,970
21,987
33,738
-
-
-
-
763
-
763
210
60
-
60
67
18,840
3,970
22,810
34,015
22,803
3,164
25,967
37,455
-
-
-
-
22,803
3,164
25,967
37,455
(3,963)
806
(3,157)
(3,440)
-
-
-
-
10,362
-
10,362
13,802
6,399
806
7,206
10,362

The notes on pages 11-12 form part of these accounts.

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HOPE COMMUNITY CHURCH PONTYPRIDD

STATEMENT OF ASSETS AND LIABILITIES

FOR THE PERIOD ENDED 31ST DECEMBER 2024

1. Fixed Assets
The value of the assets owned are
Buildings (Purchase price)
Equipment (Insurance value)
2. Bank & Cash Balances
Cash at bank and in hand
3. Other Assets and Liabilities
Assets
Gift aid tax recovery not yet received
Incorrectly charged electricity
Liabilities
Unbilled fee for Independent Examination
2024
2023
£
£
237,500
237,500
6,604
6,604
244,104
244,104
2024
2023
£
£
7,206
10,362
7,206
10,362
2024
2023
£
£
8,020
3,348
392
-
8,412
3,348
300
300

The accounts were approved by the Trustees and signed on their behalf on 23rd September 2025

Signed ………………..…………………………………………………………..

Name ………………..…………………………………………………………..

The notes on pages 11-12 form part of these accounts.

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HOPE COMMUNITY CHURCH PONTYPRIDD NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31[ST] DECEMBER 2024

1. Accounting Policies

The accounts have been prepared on a receipts and payments basis with a statement of assets and liabilities

2. Voluntary receipts
Gift Aid donations
Sponsorship for Heather
Other donations
Tax recovered
3. Receipts from charitable activities
Conferences and events
4. Other Receipts
Other sundry receipts
Refunds
5. Charitable activities
a. Direct Charitable Costs
Salaries & staff expenses
Eden/Message expenses
Speaker expenses
Other ministry/evangelism expenses
b. Support and Administration
Premises rental and expenses
Administration and general expenses
Insurance & professional fees
Training & conferences
c. Grants
Evangelical Alliance
New Wine Cymru
Catalyst Network
PCY
Unrestricted
Funds
£
Restricted
Funds
£
Total
2024
£
Total
2023
£
11,510
1,000
12,510
13,392
-
2,970
2,970
3,581
6,507
-
6,507
11,560
-
-
-
5,205
18,017
3,970
21,987
33,738
-
-
-
-
Unrestricted
Funds
£
Restricted
Funds
£
Total
2024
£
Total
2023
£
-
-
-
200
763
-
763
10
763
-
763
210
Unrestricted
Funds
£
Restricted
Funds
£
Total
2024
£
Total
2023
£
14,929
1,902
16,831
24,751
-
1,068
1,068
1,092
-
-
-
317
1,049
-
1,049
819
15,978
2,970
18,948
26,979
3,773
194
3,967
7,547
917
-
917
331
1,266
-
1,266
1,158
30
-
30
-
5,986
194
6,180
9,036
240
-
240
240
600
-
600
600
-
-
-
500
-
-
-
100
840
-
840
1,440

6. Staff and Trustees

The charity has one part-time employed member of staff who is connected to trustee Jon Ryan. No staff received salaries at a rate of more than £60,000 per annum.

Expenses of £269 were paid to trustee Jon Ryan and were paid in his capacity as Pastor of the church to attend conferences and to reimburse him for resources for his training.

No remuneration or trustee expenses were paid to any other trustee during the year, nor to any person connected to them.

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7. Funds

The restricted funds represent amounts received for specific purposes and the movements in the year are as follows:

Property Development Fund Opening
Balance
£
Receipts
£
Payments
£
Transfers
in the year
£
Closing
balance
£
-
1,000
(194)
-
806
-
1,000
(194)
-
806

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APPENDIX A: PUBLICLY AVAILABLE (UPON REQUEST) FINANCIAL REVIEW FOR CHARITY

2024 Financial Review

Hope’s leadership structure was subject to continued change during 2024 with the chair of Trustees stepping down and Jon Ryan taking over which impacted on the effectiveness of the charity, as expected. Fundraising for the building remained on hold during 2024, whilst maintaining minimum repairs to the building.

Income:

Regular giving dropped during 2024 due to a changing congregation. Our Gross income was nearly £22,000 (£34,000 in 2023). General income averaged £1,500 a month (from £2,000 in 2023). HR’s sponsors gave £2,970 which was another slight reduction from last year but still covers approximately 25% of her salary. No transfers were required from reserves and we gained £59.99 interest.

No claim for gift aid was made during the year, however we continued to receive gifts through the year from Brynmawr and a generous one-off gift of £1,000 directly towards the building fund. We continued to be fortunate enough to receive gifts through the year from Brynmawr.

Income sources show similar proportion of giving again, although a higher proportion was from tithing than stewardship largely due to the changing make-up of the congregation giving directly through tithing rather than through stewardship.

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Expenditure:

Hope’s Expenditures decreased by £11,000 during 2024, this is in large part due to no longer paying £8,000 to the Pastor, smaller reductions in running and community costs (totalling £1,700) and a significant reduction in building expenditure (£1,400) whilst the building project was paused. Only £193 was spent on the building purely to maintain the state of disrepair.

Hope largest expenditure continues to be on HR’s salary (inc. pension) accounting for 65% of total expenditure, excluding the building fund. This is expected due to how the church operates, though our largest proportion yet sadly. For transparency, HR’s salary is £1,306pcm (after pension deductions but before tax @ Jan 2025).

Speakers £

*Other: DBS, Payroll, insurance, childrens work, marketing,

Bills have decreased in proportion, community work, gifts and “other” expenditure have increased in proportion. The main reason for the increase in “other” expenditure is an increase in stationary, children’s work, marketing and training and conference costs as the church has looked to increase it’s focus on reaching out to the community.

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