## **HOPE CHURCH NETWORK**
## **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2021**
## **CHARITABLE INCORPORATED ORGANISATION**
## **CIO NUMBER 1182733**
Page 2 Legal and Administrative Information Pages 3 to 6 Trustees' Report Page 7 Statement of Financial Activities Page 8 Balance Sheet Pages 9 to 16 Notes to the Financial Statements Page 17 Independent Examiners Report to the Trustees
Independent Examiners Ltd
2 Broadbridge Business Centre
Delling Lane Bosham West Sussex PO18 8NF
1
## **HOPE CHURCH GREATHAM**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**CIO NUMBER** 1182733 **COMPANIES HOUSE REGISTRATION** CE17013 **NUMBER DATE OF REGISTRATION** 1st April 2019 **START OF FINANCIAL PERIOD** 1st April 2020 **END OF FINANCIAL PERIOD** 31st March 2021 **TRUSTEES AT 31st MARCH 2021** Ralph Charles Buckingham Jane Elizabeth Burchell Jesse William Cope Matthew Charles Raindle Elsom Rosemary Jennifer Chave Mackenzie Jonathan Mark Piper Isabel Claire Stirling
The existing trustees appoint any new trustees following the provisions laid out in the organisation's governing instrument.
**LEGAL STATUS** Charitable Incorporated Organisation **GOVERNING INSTRUMENT** Constitution Adopted 1st April 2019 **CORRESPONDENCE ADDRESS** Mr Jonathan Piper 41 Madeline Road Petersfield Hants GU31 4AL
**PRIMARY BANKERS** CAF Bank Ltd West Malling ME19 4JQ
**INDEPENDENT EXAMINER** P B Robinson MAAT FCIE Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF
2
## **HOPE CHURCH NETWORK**
(Charitable Incorporated Organisation)
## **TRUSTEES REPORT FOR THE YEAR ENDED 31st MARCH 2021**
The Constitution of Hope Church sets out our charitable Objects for the public benefit in three areas:
(1) to advance the Christian faith in accordance with the Statement of Faith in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time may think fit;
(2) to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including through the provision of counselling and support in such parts of the United Kingdom or the world as the Trustees from time to time may think fit; and
(3) to advance education in such ways and in such parts of the United Kingdom or the world as the Trustees from time to time may think fit.
These Objects are, in part, met through the work of our various Mission Partners, whom we see as our fellow workers in God’s mission, and whom we are privileged to be able to support, particularly through prayer and finance. At home, it is our usual practice to meet our Objects in the following ways, although there has been some significant variation from the norm in this lockdown year:
## **(i) Advancing the Christian faith**
A core element in our Sunday morning gatherings (which have continued online, via Zoom, throughout the year) is teaching from the Bible, both for adults and children. Teaching and Bible study also takes place in our various midweek small groups and youth groups (all also online). One of our principal purposes in all we do is to reach out with the good news of Jesus to those outside the church, through personal conversations and occasional public events.
## **(ii) Relieving sickness and financial hardship etc**
We provide loving, practical help to those in need, and some financial support for individuals through our hardship fund. We support, both financially and through the practical help of members, our local food banks and a number of other local organisations which serve those in need.
## **(iii) Advancing education**
Education is a key feature of our church meetings, small groups and youth work. Our members also practically support the work of Prison Fellowship. We support, both financially and through the practical help of members, a number of other local organisations, which serve the education of people of all ages and stages in life.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The church operates under a Constitution adopted on 1st April 2019. All Trustees are members of the Church Leadership Team (CLT), which is comprised of the church’s elders and deacons, and all members of the CLT are Trustees. The Trustees meet regularly as the CLT and have responsibility for the general, legal and fiscal oversight of the charity. A minimum of 4 Trustees Meetings are held each year.
3
## **HOPE CHURCH NETWORK**
## (Charitable Incorporated Organisation)
## **TRUSTEES REPORT FOR THE YEAR ENDED 31st MARCH 2021**
## **ACHIEVEMENTS AND PERFORMANCE**
## **How we are meeting our charitable Objects**
Hope Church usually meets as two thriving, growing congregations in two locations. However, this year, during the lockdowns associated with COVID-19, we met as a single congregation online, via Zoom video conferencing software. Our usual range of activities, carried out in person, including craft activities, children’s clubs, Easter and Christmas community events, as well as family focused activities have taken place online. We have also maintained support for local individuals, families and organisations financially as well as through inter-personal connections in a year that could be defined by loneliness and a lack of connection.
To meet the teaching, pastoral and practical needs of the church, at March31, 2021 we were employing Jon Piper and Phillip Johnston full time, Ralph Buckingham for three days per week and Alison Godfrey, as the Church Administrator, two days a week.
- **1.) Advancing the Christian faith** The reason for our gathering on Sunday mornings is to practice the Christian faith as a body of people, including teaching from the Bible, both for adults and children. All of our Sunday morning meetings took part online due to lockdowns and the continuation of COVID restrictions, so an emphasis on our collective identity, as the Body of Christ, was essential. Our teaching included a continuation through the book of Acts, a focus on Elijah the prophet, then lament in the book of Psalms. In the new year, we turned to the seven ‘deadly sins’ in our teaching. Throughout, our intention was to help sustain the congregation in our collective faith during the struggle of the COVID era.
- **2.) Relieving sickness and financial hardship etc** During the year of COVID, including its related lockdowns, Hope’s pastoral care work dramatically developed, in order to meet the needs of those who were particularly isolated, suffering with mental ill health or who experienced other forms of need. Staff and, when possible, other members of the church committed to meeting and walking together in open spaces, delivering recordings of online services, talking on doorsteps and caring in creative ways. The congregation worked hard to provide for those in the congregations and in their neighbourhoods, who needed extra support, for example with shopping. A new fund was allocated and specifically contributed to by individuals for the care of those with needs related to COVID and financial needs were met, inside the congregations and elsewhere, including the donation of computers for online learning needs in local families (via local schools).
## **3.) Advancing education**
- In addition to the whole-church teaching provided on Sunday mornings, our young people and children were taught through the provision of activity sheets and small groups that met in person, when this became possible, but online when necessary. These groups and activities were design to assist parents and their children to maintain a sense of belonging to the Body of Christ, as well as informing and growing their youth faith.
Our house groups also moved online this year, becoming increasingly important, as the whole community dealt with isolation. These were, importantly, a means of continuing normal, Christian education through Bible study and discussion.
4
## **HOPE CHURCH NETWORK**
## (Charitable Incorporated Organisation)
## **TRUSTEES REPORT FOR THE YEAR ENDED 31st MARCH 2021**
## **FINANCIAL REVIEW**
**Policy on reserves** The policy of holding a Missions and Staffing Reserve was maintained during the year to cover 6 months’ expenditure for Mission and 3 months’ expenditure for Staffing and the balance was adjusted to reflect that at the end of the year. This Designated fund of £50,152 was held wholly in cash. No reserve/fund was in deficit at the year end and all other Restricted and Designated funds (totalling £14,261) were held wholly in cash.
**Principal source of funds** was giving by members and attenders of Hope Church.
**How expenditure supports key activities of the charity** (see also ‘Achievements and performance’ above)
A substantial proportion of our income was distributed to Mission Partners whom we judge to be advancing our aims in the UK and other parts of the world. At the end of the period, we were employing two full-time and one part-time elders to ensure time was available for the promotion of the church’s main activities, including efficient administration, co-ordination of activities, and provision of information. In addition, Ralph Buckingham was employed 3 days per week as the elder for youth focusing on the teaching and pastoral care of the youth in Hope Church. We were also employing a part-time administrator (two days a week) to assist the Trustees in providing efficient administration. Other significant expenditure relates to the facilitation of our meetings and teaching activities.
The church offered assistance for those of any age, but particularly younger people, attending training courses to develop their knowledge and skills in areas consonant with the aims and Statement of Faith of the church.
The church was renting an office, to provide a space for church work, especially that of the paid workers, and storage of materials and documents.
**Investment policy** Monies were held with CAF Bank in a mix of current and short-term deposit accounts, given the climate of very low interest rates. This enables ease of access to funds and a cautious attitude to risk. In addition to our account with CAF Bank, we also had an account with Shawbrook Bank in order to maximise income on such accounts, within the security of the Financial Services Compensation Scheme.
**Current funds** The General Fund balance at the end of the year was £55,793, wholly represented in cash at our banks.
5
HOPE CHURCH NETWORK
(Charitable Incorporated Organisation)
TRUSTEES REPORT FOR THE YEAR ENDED 31st MARCH 2021
TRUSTEES. RespoNSIBILITIES
The Charities Act 2011 requires the Trustees to prepare flnancial statements for each financial
year which give a true and fair view of the State of affairs of the CIO and of the surplus of the CIO
for that perlod. In preparing those flnancial statements the Trustees are required to..
Select sultable accountlng policies and apply them conslstently
Make Judgement5 and estimates that are reasonable and prudent
Prepare flnancial statements on the golng concem basls unless It is Inapproprfate to
presume that the CIO wlll continue in existence.
The Trustee5 are responslble for keepln9 pro¥Jer accounts records, which dlsclose with reasonable
atcuracy at any tlme the financial position of the CIO. They are also responsible for 5afeguardlng
the assets of the CIO and hence for taklng reasonable steps for the preventlon and detectlon of
fraud and other Irregular6ties.
We conflrm that there have been no serlous Incldents durlng the year that should have been
reported to the Charity Commlssion.
Slgned on behalf of the Trustees
, Trustee
Name:
Jonathan Mark Plper
and dated
//
## **HOPE CHURCH NETWORK** (Charitable Incorporated Organisation) **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2021**
|||Unrestricted|Designated|Restricted|**TOTAL**|**TOTAL**|
|---|---|---|---|---|---|---|
||||||**Year**|**Six Months**|
||Notes|Funds|Funds|Funds|**31-Mar-21 **|**31-Mar-20**|
|||£|£|£|£|£|
|**INCOME AND ENDOWMENTS**|||||||
|**FROM:**|||||||
|Donations and Legacies|3a|176,246|1,150|23,323|200,719|107,745|
|Investments|3b|621|0|73|694|366|
|Other Income|3c|4,000|0|0|4,000|0|
|**TOTAL INCOME**||**180,867**|**1,150**|**23,396**|**205,413**|**108,111**|
|**EXPENDITURE ON:**|||||||
|Charitable Activities|4a|187,048|3,390|25,253|215,691|102,707|
|Other Expenditure|4b|1,749|0|0|1,749|9,610|
|**TOTAL EXPENDITURE**||**188,797**|**3,390**|**25,253**|**217,440**|**112,317**|
|**NET**
**INCOMING/**|**(OUTGOING)**|**-7,930**|**-2,240**|**-1,857**|**-12,027**|**-4,206**|
|**RESOURCES**|||||||
|Transfers of Funds|5|15,512|-6,512|-9,000|0|0|
|Transfer In|9|0|0|0|0|136,438|
|Balances brought forward||48,211|59,014|25,007|132,232|0|
|**TOTAL FUNDS AFTER TRANSFERS**||**55,793**|**50,262**|**14,150**|**120,205**|**132,232**|
||||||||
Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.
The notes on pages 8 to 16 form part of these financial statements.
7
HOPE CHURCH NETWORK
(Charitable Incorporated Organisation)
BALANCE SHEET
AS AT 31ST MARCH 2021
31-Mar
2021
Total
31-Mar
2020
Total
Unrestrlcted Restrtcted
Funds
Funds
Notes
Hx•d A••ets
Tanglble assets
2,011
2,011
Current Assets
Debtors
Cash at bank and In hand
Total Current Assets
7,665
7,665
17,123
97,390
14150 111 540 115838
105055 14 ISO 119 205 132961
Crnditor•: amounts falling dL¢a wlhin one
year
I,oii
I,oii
729
NET CURRENT ASSETS
104,044
14, 150 118,194 132,232
TOTAL ASSEfs le88 current liabllltla$
106,055 14,150 120,205 132,232
Cr4dltorB: amounts falling due in more than
one year
NET ASSETS
106,055 14,150 120,205 131232
Fund• of the Charlty
General Funds
Deslgnated Funds
Restrlcted Funds
55,793
50,262
55,793
50,262
14,150
48,211
59,014
25,007
14,150
Total Fund•
106 055 14,150 120.205 132.232
Slgned on behalf of the Trustees
Jonathan Plper
and dated
## **HOPE CHURCH NETWORK** (Charitable Incorporated Organisation) **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021**
## **1. ACCOUNTING POLICIES**
## **Incoming Resources**
## _Recognition of Incoming Resources_
These are included in the Statement of Financial Activities (SOFA) when:
▪ the charity becomes entitled to the resources;
▪ the trustees are virtually certain they will receive the resources; and
▪ the monetary value can be measured with sufficient reliability
## _Incoming Resources with related expenditure_
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
## _Grants and Donations_
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
## _Tax reclaims on Donations and Gifts_
Incoming resources from tax reclaims are included in the SOFA during the same period as the gift to which they relate.
## _Contractual Income and Performance Related Grants_
This is only included in the SOFA once the related goods or services has been delivered.
## _Gifts in Kind_
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
## _Donated Services and Facilities_
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
## _Volunteer Help_
The value of any voluntary help received is not included in the accounts.
## _Investment Income_
This is included in the accounts when receivable.
## _Investment gains and losses_
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
## **Expenditure and liabilities**
## _Liability recognition_
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
## _Governance Costs_
Include costs of bookkeeping, preparation and examination of statutory accounts, the costs of the trustees meetings, indemnity insurance and cost of any legal advice to trustees on governance or constitutional matters.
9
## **HOPE CHURCH NETWORK** (Charitable Incorporated Organisation) **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2021**
## _Grants with performance conditions_
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.
## _Grants payable without performance conditions_
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
## _Assets_
Depreciation of equipment is calculated to write off the cost on a staright-line basis over their expected useful life which is in all cases is set at 4 years. Annual depreciation is calculated on new purchases in the year of puchase but no depreciation is calculated in the year of disposal.
## _Investments_
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.
Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a STRAIGHT LINE BASIS/ REDUCING BALANCE over their estimated useful lives. The rates applied per annum Fixtures and Fittings 10%
Motor Vehicles 25%
No depreciation is charged to freehold property as the property is maintained to such a standard that the estimated residual value is not less than cost.
## **Basis of preparation:**
The Charity has claimed exemptions available in Section 1a of FRS 102 not to prepare a cash flow
## **2. TANGIBLE FIXED ASSETS**
|**2. TANGIBLE FIXED ASSETS**
EQUIPMENT
Cost
Additions
Cost at
Depreciation
Charge
Depreciation at
Net Book Value
Net Book Value
01-Apr-20
31-Mar-21
31-Mar-21
01-Apr-20
31-Mar-21
31-Mar-20|Unrestricted Restricted
Total
£
£
£
14,982
0
14,982
2,681
0
2,681
17,663
0
17,663
14,982
0
14,982
670
0
670
15,652
0
15,652
**2,011**
**0**
**2,011**
0
0
0|
|---|---|
The annual commitments under non-cancelling operating leases and capital commitments are as follows:
31st March 2021 : None
31st March 2020 : None
10
## **HOPE CHURCH NETWORK** (Charitable Incorporated Organisation) **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
|**3. INCOME AND**
Notes
**ENDOWMENTS FROM:**
**a) Donations and Legacies**
Giving Gift Aided
5
Giving Non Gift Aided
5
Giving Gift Aided Applicable
S/O Giving Gift Aided
S/O Giving Non Gift Aided
5
Gift Aid Tax Reclaimed
5
**b) Investments**Bank Interest
5
**c) Other Income**
**4. EXPENDTURE ON:**
**a) Charitable Activities**
Policy / Oversight Group
Elders' Subscriptions
Guest Speakers
Subs - EA and SGP
Elders' Conferences
Leadership Team Expenses
_Evangelism_
Easter Art Talk
Café church
Misc Outreach projects
_Missions_
L'Abri Fellowship
A Rocha International
Macaulays
5
Judith
Rehoboth General
Growing Communities -Zambia
L'Abri Brasil
Marsh Moyle
Mark Drama
Cross Borders
**Balance carried forward**|**TOTAL**
**TOTAL**
Unrestricted Designated Restricted
**Year**
**Six Months**
Funds
Funds
Funds
**31-Mar-21 31-Mar-20**
£
£
£
£
£
650
3,550
4,200
10,892
6,806
500
18,780
26,086
8,300
0
790
108,729
108,729
53,958
33,304
168
33,472
17,396
27,407
825
28,232
16,409
**176,246**
**1,150**
**23,323**
**200,719**
**107,745**
**621**
**0**
**73**
**694**
**366**
**4,000**
**0**
**0**
**4,000**
**0**
312
312
136
67
67
0
0
150
185
185
1,495
0
240
54
54
0
0
86
0
60
4,541
4,541
2,271
686
686
343
5,327
1,090
6,417
5,327
5,184
5,184
2,639
1,216
1,216
608
2,167
2,167
0
1,290
1,290
0
2,264
2,264
1,132
1,172
1,172
586
2,988
2,988
1,494
27,453
0
1,090
28,543
16,567|
|---|---|
11
## **HOPE CHURCH NETWORK** (Charitable Incorporated Organisation) **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
|**4. EXPENDITURE ON:**
Notes
**a) Charitable Activities (continued)**
**Balance brought forward**
_Missions (continued)_
Jack Harding at Christian Heritage
Short Term Mission Projects
5
UCCF
Jesse Cope - Myanmar
Contingency
_Communications_
Leaflets etc.
Leaflets (Petersfield)
Banners, Board etc
Web Site
Noticeboard
_Venues and Rent_
Rent for Sunday Mornings
Rent for Sunday Mornings (Petersfield)
On-line meeting costs
5
Annual Donation to School
Rent for other meetings
_Music_
Music Licenses etc.
Music Licenses (Petersfield)
Music Conferences & Training
_PA and Projection_
PA Capital purchases (budget only)
PA & Projection Maintenance
PA Licences
_Coffee and Lunches, Other Events_
Sunday morning coffee etc
Sunday morning coffee (Peterfield)
_Welcome and setting up_
Flowers
_Pastoral care_
Pastoral travel & subs
Pastoral Support
**Balance carried forward**|**TOTAL**
**TOTAL**
Unrestricted Designated Restricted
**Year**
**Six Months**
Funds
Funds
Funds
**31-Mar-21 31-Mar-20**
£
£
£
£
£
27,453
0
1,090
28,543
16,567
0
167
1,000
250
1,250
560
686
686
343
0
1,500
0
525
0
189
0
189
0
0
195
195
90
0
420
107
107
3,262
120
120
2,499
698
168
866
0
63
63
69
0
0
380
380
0
528
528
50
0
0
0
0
-177
-177
808
0
0
16
16
398
0
338
0
44
0
0
880
880
525
31,949
0
1,508
33,457
28,543|
|---|---|
12
## **HOPE CHURCH NETWORK** (Charitable Incorporated Organisation) **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
|**4. EXPENDITURE ON:**
Notes
**a) Charitable Activities (continued)**
**Balance brought forward**
_Hardship_
Hardship support
5
Designated hardship
5
_Funding -_Welcome Fund
5
_Small Groups_
_Training_
Training Conferences
_Fellowship_
Fellowship Suppers
Women's Fellowship
Men's Ministry
Grown-ups Lunches & outings
Special Fellowship events
_Prayer_
Prayer Team costs
_Children's Sunday Groups_
Creche
Hope 4 Children
Hope 4 Children Petersfield
_Youth Work_
Joint Youth Activites
JAM Youth Group
PK Youth Group
Student & Young Adults
Hope 4 Youth - Other
Youth Leaders' Resources
Youth Leaders' Training
Hope 4 Youth Boys' Discipleship
Hope 4 Youth Girls' Discipleship
_Service_
Crossover
Open Door
King's Arms
Summer Children's Week
Service Greatham Stitchers
Foodbanks
Homestart Butser
Rural Refugee Network
Petersfield Stitchers
Other
**Balance carried forward**|**TOTAL**
**TOTAL**
Unrestricted Designated Restricted
**Year**
**Six Months**
Funds
Funds
Funds
**31-Mar-21 31-Mar-20**
£
£
£
£
£
31,949
0
1,508
33,457
28,543
3,390
500
3,890
1,620
16,835
16,835
3,000
6,410
6,410
0
40
40
0
0
50
0
58
0
0
0
-294
0
0
98
0
36
0
0
0
10
38
38
9
0
19
9
9
56
336
336
133
164
164
0
0
-85
48
48
0
0
172
0
660
17
17
0
1,048
1,048
524
3,046
3,046
1,523
1,048
1,048
524
0
0
41
41
0
0
0
2,753
2,753
1,377
0
57
145
145
261
14
14
481
40,696
3,390
25,253
69,339
38,832|
|---|---|
13
## **HOPE CHURCH NETWORK** (Charitable Incorporated Organisation) **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
|**4. EXPENDITURE ON:**
Notes
**a) Charitable Activities (continued)**
**Balance brought forward**
_Staffing_
UK
9
Overseas
_Advertising_
_Church Office_
Office Rent
Office Utilities
Phone & Broadband
Photocopy & Print
Postage
Stationery
Small Gifts
Bank Charges
Payroll Services
Depreciation
_Governance Costs:_
_Treasurers Work_
Software & Systems
Insurance
Independent Examiners Fee
_Other Governance_
Professional Services
CRB Checks
**b) Other Expenses**Miscellaneous
**5. RESTRICTED & DESIGNATED FUNDS**
**Restricted**
Online Fund
Welcome Fund
The Ryan Fund
Hardship Fund
Mission Funds
**Designated**
Hardship Fund
Reserves for Missions and Staffing|**TOTAL**
**TOTAL**
Unrestricted Designated Restricted
**Year**
**Six Months**
Funds
Funds
Funds
**31-Mar-21 31-Mar-20**
£
£
£
£
£
40,696
3,390
25,253
69,339
38,832
124,275
124,275
59,525
10,660
10,660
0
44
44
0
5,864
5,864
2,004
853
853
0
330
330
342
42
42
14
128
128
106
0
72
65
65
0
187
187
15
793
793
496
670
670
0
684
684
349
797
797
0
615
615
915
216
216
0
129
129
37
**187,048**
**3,390**
**25,253**
**215,691**
**102,707**
**1,749**
**0**
**0**
**1,749**
**9,610**
Balance
Expend-
Transfer
Balance
01-Apr-20
Income
iture
of Funds
31-Mar-21
£
£
£
£
£
0
168
168
0
0
0
6,410
6,410
0
0
19,552
73
0
-9,000
10,625
5,312
15,405
17,191
0
3,526
143
1,340
1,483
0
0
**25,007**
**23,396**
**25,252**
**-9,000**
**14,151**
350
1,150
3,390
2,000
110
58,664
0
0
-8,512
50,152
**59,014**
**1,150**
**3,390**
**-6,512**
**50,262**|
|---|---|
14
## **HOPE CHURCH NETWORK** (Charitable Incorporated Organisation) **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
||Notes|||**Total**|**Total**|
|---|---|---|---|---|---|
|**6. CASH AT BANK AND IN HAND**|9|Unrestricted|Restricted|**31-Mar**|**31-Mar**|
|||Fund|Fund|**2021**|**2020**|
|||**£**|**£**|**£**|**£**|
|CAF:||||||
|Current Account||727|2,150|2,877|10,220|
|Savings Account||21,653|2,000|23,653|20,517|
|Notice Account:||||||
|Shawbrook Bank||75,000|10,000|85,000|85,000|
|Cash Box||||0|91|
|Petty Cash||10||10|10|
|||**97,390**|**14,150**|**111,540**|**115,838**|
|**7. DEBTORS AND PREPAYMENTS**||||||
|Gift Aid Recoverable||7,148||7,148|16,410|
|Other Debtors||517||517|713|
|||**7,665**|**0**|**7,665**|**17,123**|
|**8. CREDITORS: AMOUNTS FALLING DUE WITHIN**||||||
|**ONE YEAR**||||||
|Accruals||615||615|615|
|Other Creditors||396||396|114|
|||**1,011**|**0**|**1,011**|**729**|
## **9. STAFF COSTS AND NUMBERS**
|Gross Wages and Salaries
Employer's National Insurance Costs
Pension Contributions
Other Costs|**TOTAL**
**TOTAL**
**Year**
**Six Months**
**2021**
**2020**
**£**
**£**
109,641
52,442
9,066
4,260
5,485
2,622
83
201
**124,275**
**59,525**|
|---|---|
Staff are paid through the PAYE system. No employee received emoluments in excess of £60,000 (2020 - none).
At the end of year there were 2 full-time and 3 part-time employees. Employees were engaged in each of the following activities:
|Activities in furtherance of charity's objects
Management and administration|**2021**
**2020**
TOTAL
TOTAL
3
1
0.6
2
3.6
3|
|---|---|
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## **HOPE CHURCH NETWORK**
(Charitable Incorporated Organisation)
## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2021**
## **10. TRUSTEES AND OTHER RELATED PARTIES**
Payments were made to Jesse Cope, Jonathan Piper, Phillip Johnston and Ralph Buckingham (Trustees) in the form of a salary for part/full-time work carried out on behalf of Hope Church, and some family members of Trustees, amongst others, in the form of small grants for student and other personal development (attending conferences etc.). No other payments were made to trustees or any persons connected with them during this financial period. No other material transaction took place between the organisation and a trustee or any person connected with
## **11. RISK ASSESSMENT**
The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the review of the controls over key financial systems carried out on an annual basis, will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
## **12. PUBLIC BENEFIT**
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
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## **INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS**
Report to the trustees/ members of Hope Church Network on the accounts for the year ended 31st March 2021 set out on pages 7 to 16.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The trustees consider that the audit requirement of Section 144(2) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for an independent examination, It is my responsibility to:
- examine the accounts under section 145 of the Act;
- to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Act, and;
- to state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the organisation 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 the 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 matter has come to my attention:
1. which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that:
- proper accounting records are kept (in accordance with section 130 of the Act); and
- accounts are prepared which agree with the accounting records and comply with the
- accounting requirements of the Act; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
P B Robinson MAAT FCIE Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham West Sussex PO18 8NF
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Dated: 12th January 2022
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