ILlb CHURCH sanHW￿DFoRD IA Company Limit￿ by Guaranttel ANIIUAL REP￿ANDAcCouFI￿S FOR THEYE4A ENDED 31STMARCH 2023 CWITY REGLSTRITKIN MLIMBEK. 1178537 c￿lIPAp4y REGISVK4TION NUMBER.. 111705S? Iii ACJA131H• 2711212023 C(WPANIES HOUSE A19 #154 HUB CHURCH SOlttH WOODFORD IA C4ympany Limittd by GuaTrmteel LEGAL AND ADMINISTRATIVE INFORMATION Ch•rftynurnbor 117É537 Company rey#ratlon number 11270957 l)ate of into1￿rItt￿n 2210312018 Dirertor51Trustee5 Tracy &5hr• Wayne bishL Nicholas Bo¥all Nicola lan8ford Ni8el LarTr4ford Reswed Lth02.23 Correspondence Address (Mfice 6Twn ￿11 86WaltirystreetEa5t Narthants NN12 68S IDdepwdent Ex•mth*rs ToveAtcoutbIa￿ Lid oirte 6Town Ham 86Wattin8 StreetEa5t To¥YtexeT Northants NF412 ffls stitutlon Prwate lffiited compary bY8uarantee￿th0U1share capiT31 use of LwiiiiÈd'exemptson. Objectives Toadvance Chr￿tIan Faith in SoLsthWoodford and wth parts of LoThltr). Tofulfil otherpu¢poses which are exclusNety charitable and a￿ conrecW with the ol the tharify. Tofvrther Chri5van ed4KatK)n. To wel￿e perwns m iondstsoll ofneed or hardship. Yo asyst the pro￿$￿)n d fèCikbeS￿ the ulterestsof s￿1?1 welfare for recreation or other ￿lSUre occupaiKn5*there Such faThlities Jre requwed t0iryrLwcondil￿jThs otlrfe. ststemetht olFkn•nd•l The finanual srdtefftentswth accompanyi￿ notes set a ty* tsirwiew olthe hnarwofthe charity forthe perit*J. HU8 CHURCH SOLMI WOODFORD IA Comparty Limited by Guarantee) REPOATOF THE DIRECTORS FOR THE YEAR ENDED 31ST MARC+1 Z023 TheTr¥stees present their annual report IOBether¥Ath the financiil Statements of the Hubchurch Swth WDodford for ihe year ended 31st March 2023. Sirurt￿re.Zo¥trn1*teathd man•ym•s1 The pnncipal object oFthecharity isthe advancefflentof thechristian faith. Trustees are olected by the e￿StIng1ruSleeS by maiL¥ity vote. b. Or8anlsaUofial SIn￿￿￿anddethI0fi rnak All polirydec1s￿nSare made by the T￿stee5￿￿th day-ttrdèy operatiw4il¢Jecim mède by th¢ Leadeislip. Oblec¥¥es and actkniies . PolKie5 and objective5 In serunE objKtivesand planThnE for the TwlleE5haYe duEtDDsider•tith) tO8eneral8utyJJnce PL&l¢shEd ￿ the CharityComrriwiD relabn8 ￿publ￿ber*fil The chafity'sobiecti%*sare". 111 the 3thancerr*ntof the Chriwan faith in accordancE with dcÉttir*s set oul In fourth schedvle of the dedèoiton oftrust and thewthipoffjod in East LoTrJon surroundinga￿a5 and elsewhere by wean5 whats1)ÈwirKl￿lw (but ts)t by wayof limitst￿nI thÈ preèthin8 and the proclamath)n olthe(hn5ton doctrwie principks 3NI the pastoral care of ChriSt￿n pecyle and tr* printin¥and thEd¢stributson clthe bibl& and Chrisiian litLYature. 121 the relief of peisffiswho are ￿ cc*thtir•isof need, h4rdsh¥) grdistre$50r are ase or ￿Ck. 131 rhe provi￿0￿ or1nsN￿t￿)ti kn the pri￿1p*S0t the Chri5tiaTh faith at any educatiLwo1 e5tabl*shmenrantl the prOV￿10n 013 day andlor boardioBtol*8e the genenl educallon of male a￿j fernaie pupils of any a8e3ThJ lorthe iThStyuciiTri of such puplsin h prlnciplesaforesahl. b. Activil*S lor*thiÈ¥inÈ obittt Prior to the k￿doWn. Hub Church 5oLrth Woadford loperali￿ as the Hub M¢)¥emeDtI provided a place41 wrxship atttr* Rod¢Jiw PrimarySchoc4 il) W(#)dford it rented school hall everyother Svnd3YV4ith the use ofvolunteer& In addiriDn. a p.umberof sma•Èr Hub5 in East London 3Thd E￿eX proYh4ed worship and fellLywshy. ILxkdowTr. these i￿111e5 continued en ioorn and were au8mented lthKe petmittedl meetA)8s the open air ata Icwr. Undertharity law. the Trnstees must not approve the fir￿￿￿￿1 Statements unththeyaresat15fied thatthty8r¥e true and faifviewof the stste ofaff*rsofthe charity and of the reswces*l appltsiw)n of resources. includin8 the income and expendI￿re, of the charw for thai per￿￿. In prepatin8the finanoal statEment5. the tru5tee5aTe required w.'- SelKI 5Uitsble accountiry p￿l¢le5 antl then awlw I￿rn ¢On5151en￿Y." Obser¥e the n￿Od$2￿0 p￿ti￿eS in the appi¢ablÈ ChariDes SORP,. Makejudgements and esiimateswhich are reasonable and prudentr . 5trtewhether applicable accountin8siandards ha%* been folkn￿r￿. s1￿JeCtIO any material ￿e￿rture$whith must be ¢isclosed and expkineo irt the financial statements.. Prepare firbancial statemeThts on the goiryconcern ba￿5 Un￿551t 15 inapkryriote to presuft* that the charitywill (un￿￿￿ in eii5tence. The Twstees are respon>ble fOrtee￿nI adequate 3ttoutytln8Tetords ihat arè sulficient ioshow and explain the charsty's Nansactymsand dtsclosewith ieasortable 3ccuracyataThy time ¢he financial poglion of the chaiity enable them to en5ureih3tthe fMunc415trEements comply. TW are al respongble for safeBuardingthe assets of ihe charity I*￿*￿taki[￿reaSOllab￿ stepsforthÈ prevention and derecton of fvaud and other Ir¢egv&rrtie> This rewrt was appicryeLI by theTiustees on 0411212023and ￿InEd on thwbEhattty'. W Bishop T￿stee INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MU8 CHURCH SOUTH WOODFORO FOR THE YEAR ENDED 31ST MARCH 2023 i ￿POrt to the charitytru5teeson my exami￿)0￿ of ihe aCCOLW)ts of Hub(hurchSwth Wor•JFord lorthe ended 31st March 2023. kesponsSbllltlesand basisolrewrt A51he Ihafity rrustees Iwho ire also the diroctor50fthecompaAyfor the pwwes of Cwarry &wlyou are responsib￿ for the preparabon olthÈ accouftts ith •ccordarKÈTMth thÈ reqU*ementso1￿ Compar¥esAtt I￿6 I'the 2(A16Acr'l. Havine sabsfied myselFthètthe atcountsof the Company are not reqwred to be a￿jited forthisyearvndtr Part 16 of ihe 20[￿A¢1 and are eloib* fty independeniexaminarior*. I tepcKt in respeci of myexaminalion ol yuvrihai*ty'5 Bccounrs 35carried under 5ectior* 14Sof ihe tharI￿A£t 2DII I'the 2011 ACVI. In carywn8 out my eAaminatW. I have Idkn¥ed the tiwttt*tswenby the ChwityC¢•thnwI￿ lumlef setlion J4515llbl ofthe 2011 ACL Indepe•dentexamimtr'5 Statement I have COMp￿*d m¥ exammatyoh. Iconfirm ihai no material mattersh￿£0￿ to my atrenbonwhichwe me cause to believe that.. • accounDnE ret(¥ds were not kept in xctyoance *alh secikn 5860f￿C0mp3ft￿ Art 2(￿6.. or the accovnts do r￿1 accord Wilh such records", or • the accounts do not compty with r*￿vant atctvitiw8wuiteilWtsunder sec￿￿ 396 of the Companies Act 2006other than any reqvirementthatthe 3ctounts8i%* a'trueand fa￿ ￿ew*hich is not a mattef c¢o%dered as p¥tolan independentexamination,. or the accounts have rnt been prepared in acctydan¢e with ￿ Chaftw9)RPIFR51021. I ha¥e no conceinsaNJ havetomeacr¢)ssMothermèttets in (ty)neCti￿ ￿thI￿e examIna￿n towh*h attentith) should be drawn in this rernin ryderio enab* a prcyr understrndt￿0f the accounts w be reached. 0411212023 Michael Cooke For and on behalfof.. Trwo AccDunr3rKy Ltd, Offte 6.Tw Hal. 86WaWw451reet Easi Ta*Ke5tsr. PIN12 685 Hub Chwth Woodlwd IA Compony Limried ty Guaranteel Statement of Financial Artivitits Forthe yearended 31st M•r¢h 23 Uryestricted rtesirlned Fund5 Funds Total 2023 Total 2022 I￿ornIng Resources Voluntary income Incomefrom thoritable activities Other incornin8 resources 27,810 27.810 38.304 24 24 Total intominB re5011rce5 27A34 27I34 38,304 R¢sour¢es Expended Cost of generatlll8 funds Charitable actiwties GovemancÈiosts 36,gJ) 1.212 32.934 1.261 1.212 Total resourre5used 38.112 3B.112 34.195 Net incornin8 resources -10.278 -10.278 4.109 Total funds broughtforwaid 21.758 21.758 17,649 Total lunds tarried ftyward 14 11.480 liJ80 21.758 CotywnyLin¥t*d byG¥èBfitse} 8alènceSheet A5 at31st Marth IQIJ 2022 FIKed Assets Tan¥ible a5selS CurrentA5seis Debior5 7.205 15,515 21720 Cath at bank w)-hand 8,076 14.940 Creditor5'. arnountsfalliA8duewilhin one year 3.4E 962 14ETOJRRE14T ASSETS li.4 21,758 TO7ALASSETSles5 current IlabilliiÈ5 11.480 21.758 C¥edithts'. amtyjnts fallin8 due aff￿0ne ￿ar NET ASSET5 IL480 21.758 CAPThAL AIIDRESERVES Gene<èl Funds Restricred fund5 Totsi lunds 14 ii. 21.758 IL480 21.758 ThÈ companywa5 env1￿0 to exewtw from a￿lIt under Setti0ti477 otthe CLxnpaniesAtt relati to small companies. The rf*mbers have ￿1 required the company lo￿taIn an a￿lt in ac(ordanie W5Eh sec￿ 476 of the Companies Act 2W6. The directors Hcknowledge rheif responsibilities for Comp￿￿4 wth the requirEmEntsof the Carnp3rY5A£t with respect toJtcountin8 records ond ihe preparatiw olaccounr& These aCCo￿ntS hove been prepared in accordance wilh thep¢ovisioosapplKablè to smal CL¥npanies subject to the small coMpan￿sres1fftP and in ￿C(￿rKe with FR5102 SORP. W 8ishcp Signed oh trAhalf of tr* tyusteesldiiecto 0411212023 Wayne Bishop W 8i5hDP ggnatvre ofdirertor authori5￿8 Kcount5 being seni to Companies House 0411212023 HUB CHURCH SOltrH WOODFORD IA Cornpany Llrnited by Guaranteel NOTESTO THE FINANCIAL STATEMEP4TS FOR THE YEAR ENOEO 31ST I￿ACH Z023 i B•sisof Prep￿*10￿ 1.1 B•sls of accountins The* accounts been prepared underihe hworKal cosrconvention with items rect8ni5ed atcost ansaction value unless otheThMse stated in the relovant notelsl totheseattoun These actount5 hève been prepared in acctydarKe Wilh the Statemeniof Recommended Pracice.. Accountyn8 nd Reporbngby Charitie5 preparing IheK4ccwntsin accryd3nce￿th the F￿￿r￿tal Rew>rrin¥51andard applIC3b￿ in the UK and HÈpublK of Irel3rwJ IFRS 1021 iksued on 16July 2014 aThJ Char￿eSA¢t 2011. 1.2 Going co￿eM There ave Thi materia1 unCertaint￿S related to e¥tntsorcondibon5thatcast ￿￿￿¢3￿1￿¢*￿ton the charity's ability to continue as a win8 concem. 1.3 Chafite o14ttoutytln%pol The accounts present a true and tsif¥iew aThY rKichanBeshm been madeth the accountinB poIKie5adopted. 1.4 Chaotes ioattountlffi8tstkn•tes No changesto xcovntiw estimates ha%t cfcweed ￿ the repNtin8 period13.46 FR5102SORPI. 1.5 Materrdl prioriwewrar5 No rnaterial prioryear errofs ha¥e been Kleniifed in the repryts￿ per￿13.47 FA5102 SORPI. 2.1 Income Ae(ORn￿￿ ol￿taMe Income Is included In StsE￿enr0f Fwian¢ial Athwiie515oFAIt* thechaiity becw*5 eniiued to the resrwcek it i5 rn0￿ likelv than notthatthe mfjteeS7￿II receNe the ￿SoUrC the mtsnetsry*alue bt mtasured ¥rith suffit*Dt relia￿.&￿ Off5ettln6 There has been rooffsettinÉ olassets artl ￿bilit￿l￿ incon* e¥pertse& wless required crf pemwtted by FR5102 SORP or FRSIO2. Graffls aDdd0b￿1fjOrt$ Grantsand donatiws a￿ irfI￿ded in the SoFA*then tte Eenernl Hi(ty￿e recognition uiteria are 15.10 to 5.12 FRS102 SORPI. voluntsry incornE is received by way of Sp￿S￿￿1pand yants. It IS 5hLrym in tul in the SDFA when rerei¥ed. Gifts if* kind arevaI￿l%3tthelr estimate value to the thèrity are *Kluded underthe appwriate headings Go¥ernmwt8rants The charity has not rece￿e￿ any8o¥emm•)iwantsiA the reprKbnRpericO. HUB CHURCH soufH WOQDFORD IA Company knmlted by Guaranteel NOTES YO ThE FINANaAL STATEMENTS ICONllNUEDI FOR THE YEAR ENDED 31ST MAIICH Z023 Tax rEdaNn5 on donaiions and pfts The charty istN)t re8lSteied for￿￿0￿￿. Volwteerhelp Ihe value efanyV￿U*tsry hdp rec•ved isThx inthe acccwts trtrt istlexribed in ihe blJStee5' aTrnval reptrt ifveome Irom interest This is included In the acc¢xJhts when recryi i% kwotyab* and Iheamovnt ￿eY￿able¢0fi be measured rtliabty. Ihcwe from membership substriptioiis Membership subSCi1p￿nS receNed in the natyre ora 8ift are recryi1￿ in dwarth￿s. Restrfrtedluwls Restricted fvnds are to beused forspecffied pwp05e$35reyed by thedwry. Eypenditure which meetsthe5e criteria sallocated to the relevantfund. Ir*ome derNed from these funds is retsined the fvnds concemed. Desi8nated funds are tsnrestlicteo funds whth tru5¢ees have designated to be used fora specific purpose. WhEre these fvnd5yiehJ in¥ellmentYKome. this isayaiLryblefor 8eneTrl p￿rpLY￿s. UnrE5triaed fund5 are lundswhich are not dewBred or rest￿le￿. Z.2 ExpeTrdftuTe and l*bl1611 IlabllltyrecoEn￿￿¥Tr abilities are recognised wheie itismore h￿e￿ than n￿th0ttherQ bs a legal or£onstructi¥eebl*atio committingthe charity topayout reswrcesand the arrwt0ltheobl￿Jt￿ can be rneagxed rea￿nable certainty. GovernaTrceand 5UPPOrtrost5 Support costs h•¥e been alkncated betWeW 80rtm￿CO$ts¥nd other sypFoyt. CJty*mance costscomprise all tost5 public Kcountsbilityofthe charty and itscompfiante with re8ulaboft¥d good practi￿. Supwt Costsindude central ffftctthsand have been alkKated tOaL￿?￿l¥£oStCa1eSllr￿s on J basis con951ent rhe yse of resovrce& Deferred I￿ome NO material itemofdeferred YKome ho51)een1￿Utted th theacrwnt> Provlslon5f•r haiy￿e5 A Ihibility is fflea5ured on reco8nitiDThat1tshi5thr￿lCO￿and Ihen SUbw￿n￿Y measured at the bestesiimare ofthe amount requirel to setue the OblwatiL￿ at the rwtin8d*e. Tan6lble fixed ass Tanwble fixed assetsa￿ retLirded atC05tor, In tasoswhere assets•red¢xoW 10 Iheclwrtrty. atvaluabon at rine of acquiytion. The chartty has tho fixed as*ts. Depre*or were a$fol￿. Administration No Èmployees receNed employee benefitsfor the ierrin8peric4J. HUB CHURCH so1￿ W(KIDFORD IA Company Limited ￿GUarantee) NOTESTO THE ANANCIALSTATEMENTS ICONT114UEDI FOR THE YEAf¢ fNOEO 31ST MARCH ZOI3 7 Pawmhtsto trustees In the Pe￿¢. the chèrwha5 PaKt trustees reMuneral*￿3fid benefits. iotsi Trxy Bis pastor 13,833 228 L4.061 13.833 228 14,061 Ouring wiod. no trustees¥Rre reirnbut5ed foreyrwirKurred ID (haritsble acbviiies." Travel ITconsumableslsoftware PrintinB and ststionery other Total 432 57 577 8 gebi•rs 20 Debtors 7.205 Prepayments 7,105 23 2022 Crediror5 Aciruals & Oolorrod InC￿n 2.455 l.Cl)5 iss 807 Totsi LO ObliytioThs underhwe Pu￿ha5￿cOnlrnCts No hire purchase orlease contsacts havtbeen etstred inw dur**ihe ppriod. 11 ConJnEWt Ilabllitles There ¥Yere nocortrin8ent1￿￿lities ai 31$1 Mèrch 2023. HUB CHURCH SOirnI WCrf)OFORO IA com￿nY Limited by Guaranteel PIOTESTO THE FINA14CIAL STATÉMENTS ICONlli4uEDI FOR ThE YEAR EP40£D 31ST MARCH 2023 11 C•sh atbank and In hand 1022 Cash Bank accryJTrts 8.076 8￿76 15.515 15.515 13 Movemwtir•fvHd5 01-Apr-Zl Imome Expendltiive 31-Mar-12 Restricted funds Unrestricred fvnds G¢n¢r41 lund 21,758 27.834 38.112 U.4BO 11.758 38,IL2 11.480 14 Anatys[soln￿ assots bots¥e4ThfuThds 2023 1013 IOl3 Total 2021 Totsl Funds Funds Fund5 Funds T*Eible fvled 3sseLS In￿Stments Net curr*)t assets i￿£ rerm liabilires 6Jlonceir 31 March 11.4 ii. 21,758 ii, 11.480 21.758 IS Related p4wty tThns¥tllons 15.1 Control Throu8houttheyeai, thecharity wastmholfy bythE oftnwee 15.2 C¥lherr*¢ed parues LhJvingth¢ Yearthe￿ were no transa01￿￿th related part*L 16 Called up sh4Ye(apbl The cornpany isl¥nited by 8uaRTh￿0nd does rK)thabE 5hare(apital.