I HOPE CHRISTIAN CHURCH Charity Number 11801316 Year ended 28th Febuary 2023 NEW HOPE CHRISTIAN CHURCH Financial Statements For Year Ended 28th Febuary 2023 Charity Number 11801316 NEW HOPE CHRISTIAN CHURCH Charlty Number 11801316 Year ended 28th Febuary 2023 NEW HOPE CHRISTIAN CHURCH Charitable Incorporated Organisation Content Page Independent examiner's ￿pOrt on the accounts.. Slalement of Financial Aclwities. Balance Sheet. Notes to Account. Independent examiner's report on Ihe accounts Section A Independent Examiner's Report Report to the trusteesl membèrs ot NEW HOPE CHRISTIAN CHURCH Cha￿ty On accounts for the year ended 28th Febuary 2023 11801316 anvl Set out on page$ I reportto the Ituslees on tny examination of the ac￿unts of the above charity (￿he Trust") forthe year ended 31 1 Re$ponslbllllles and basls of report As the charity's trustees, you are responsible lor the preparation ol the atcounts in accordance with the requirements of the Charities Act 2011 Ilhe Act"). I report in respect of tny examination of the Trust's accounts (arried out underseclion 145 of the 2011 Act and in carrying out my examination, I have followÈd all the appliCa￿e Directions given by the Charity Commission undef Independent examiner's $tatement I have compleiÈd my Èxamination. I confirm thai no material matters have come to my attention in tonneciion with thÈ examination which gives MÈ tause lo bÈlieve thai in. any material rÈspÈct-. the accounts did not comply with the applicablÈ wuiremÈnts concÈrning the form and content ol accounts sei out in the Charities IAccounts and Reports) Regulations 2008 othÈr than any requirement that the attounts give a 'true and fair. View which is not a rnatter considered as part of an independent examination. I have no concÈrns and have come across no Other matters in connection with the Èxamination 10 which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. Slyned= Date= 0810912023 Name.. Fahad Khalil on bÈhall of Taxomatit LTD Relevam professlonal quallficatlonlsl or body111 any).. ACCA Address.. 43 London Road Morden SM4 SBQ NEW HOPE CHRISTIAN CHURCH Charity Number: 11801316 Annual accounts for the eriod 1st March 2V22 28th Febuary 20fJ Section A Statement of f inancial activities Restricted income fund5 Llnrestricted fund5 Endowment lunds Prior year funds Recommended categories by activity Total fund5 Incomlng resources (Note 31 F01 F02 F03 F04 F05 Income artd Bndtswtn8nt$ fitsm= DonaliD￿ and léo3￿&S chan1￿>￿etI¥llI￿s 537,249 22,166 537,249 22,166 106,000 Grants 37,700 37,700 94,000 SÉparalÈ Malohal 1témofi￿Orn Total Resources expended (Note 61 Exp8nditur8 tsn.. 597 115 597115 200 000 6,000 194,744 604,905 604,905 SÉparalÈ Mat￿nal ItÉMofÈx￿￿s• 2,525 607 430 2,525 607 430 Total Net incomellexpendlturel before Investment galnslllossesl 10,315 10,315 Net Incom￿(eXPenditUreI Extraordinary items Transfers between funds Other recognised gain￿{lo$se$l. 10,315 10,315 744 Gains and Possès on lÈVal￿all0fft orfixÈdasstsls th&c￿lIlys0VM Net movement In funds 10,315 10,315 744 Reconciliation oltunds.. 7,604 7,604 17,919 6,860 Total tunds c8rrled fonv8rd NEW HOPE CHRISTIAN CHURCH Annual accounts for the Charlty Number: 11801316 eriod 1 st March 2022 To 28th Fèbuar 2023 Section B Balance sheet Rgstricted Incom fund$ Unro$trlclèd lund$ Endowmgnl Total th1$ funds yèar Total last yoar Fixed assets Intangible assets Tangible assets Heritage asset$ Inve$tments F01 F02 F03 F04 F05 (Note 151 (Note 14) (Note 161 (Note 17) Total fixed a$set$ 22,725 22,725 25,250 22,725 22,725 25,250 Current assets Stock$ (Note 181 Debtors (Note 191 Investments (Note 17.41 Ca$h at bank and In hand (Note 241 Total ¢urrent assets 8,171 8,171 8,171 9,474 17,645 Creditors: amounts falllng due wlthln one year (Note 20) 75,755 75,755 49,755 Net ¢urrent asSet￿{lI8bIIIt1es) 32,110 Total assets less ¢urrent IlabiliTtie$ 6,860 Creditors: amounts falllng due after one year (Note 201 Provision$ for Ilabilitles Total net assets or liabiliTtie$ 17,919 17,919 6,860 Funds of the Charity Endowment funds (Note 27) Restricted income funds INoto 27) Unre$tri¢ted funds Revaluatlon reserve 10,315 10,315 7,604 17,919 7,604 17,919 6,860 6,860 Total funds Signed by one or two Iruslees on behalf ol all the IrLJslees Date ol approval ddlmml Signature Print Name Jackson Run8zorwa 0710912023 Munyamahoro Manywa 0710912023 Section C Notes to the accounts Note 1 Basis of preparation This section should be completed by all Charities. 1.1 Basis of accounting These accounts have been prepared under the historical cost convention wlh items recognised at cost or transaction value unless otherwise slated in the relevant notelsl to these accounts. The accounts have been prepared in accordance wlh.. The Stalernent ol Recommended Practice= Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued on16July2014 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and with the Charities Act 2011. Section C Notes to the account5 (conti Not& 3 Analysls of Ineom& R8StiiCt4d inttsml lund$ Unrè$iriCtsd lund$ ENltswmènt lund$ Tt)tal funds Pritsry*ar Anal sls Donations and ilts Gift Aid acies General grants provided by governmenvother Donations and legacies: 559415 559415 106 000 37,700 37,700 94,000 Membership 8ub8criplions and sponsorships which are in subslance donations Donated good8, lacililie8 and serwices Other Total 597,115 597,115 200,000 Charitable activities: Other Total Olhef tradlng activities: Other Total Income trom investments.. Intere81 income Dividend income Renlal and leasin Other income Total Separate material item of income: Total Olher: Conversion of endowment funds into income Gain on diswsal of a tangible fixed asset held 's own use Gain on disposal of a programme related investment Royallies from the exploilalion ol intellectual ro hls Other Total TOTAL INCOME 597,115 597,115 200,000 CC17a (Exeell 0810912023 Section C Notes to the accounts Icontl Nole 4 Analysis of receipls of governmenl gran1$ This year Descri tion GovernTnent grant 1 Government grant 2 Governrnent grant 3 Sheffi81d city council 37,700 Total 37,700 La¥t year Description Governrnent grant 1 Government grant 2 Fundraising Sheffi8ld city council 48,000 46,000 94,000 Total CC17a IExcdl OW0912023 Section C Note5 to the accounts (conti Notè 6 Analysls of èxpèndlturè Thls year Last year R4$tliet4d Unr*Stritl8d A8*lrictsd fund* intomèfund* Endtswm8nt lunds Vnr8*lriCtsd funds Endtswmtrnt tund* Analysls Expenditure on raising tund$'. Incurred seeking donations Incurred seeking legacie8 Incurred seeking grants Operating membership schemes and Ttst￿ lund$ lund$ Ttstsi Slaging fundraising events Fudraising agents Operating charity shops Operaling a trading company undertaking non-charilable trading Advertising, marketing, direct mail and 71,600 71,600 6,000 6,000 Start up costs incurred in generating new source ol lulure income Database development costs Other trading aclivilie8 Investment management costs.. Portfolio mana emenl cost8 Cost ol obtaining investment advice Investment administration costs Intellectual properly licencing costs Rent collection, property repairs and maintenance charges Total expenditure on ralslng funds 71,600 71,600 6,000 8,000 Expenditure on charitable activities: Slall Costs Rent and Equipment Other 160,692 160,692 54,000 54,000 353 113 106744 14,500 106 744 14,500 Governance Total expenditure on charitable activltles 533 305 194744 Separate material item of expense Total Other Total other expenditure TOTAL EXPENDITURE 604,905 604,905 200,744 200,744 CC17a (Exeell 0810912023 Section C Notes to the accounts Icontl Note 14 Tangible fixed asset$ Please complète fhis notè if rhe ch8rity has 8ny tangible fixèd&$$et$ 14.1 ¢081 or valualion Freehold land & bulldlngs other land & bulldlngs Plant, machlnèry and motor vehlcles Flxtures. flttlngs and equlpment Total At the b8ginning of the year Additions 34,862 34,862 Revaluations Disposals Transf8rs ' At 8nd of the year 34,862 34,862 14.2 Depreciation and impairments 'BaslS SL or R8 Istraight Lin8 or Reducing Balanc81 SLorR8 SLorR8 SL SLorRB Rate 10 At b8ginning of the year 9,611 9,611 Disposals Depr8Clation 2,525 2,525 Itnpairtnent Transf8rs" At end of the year 12,136 12,136 14.3 Net book value Net book valu8 at the b8ginning of the year 25,251 25,251 Net book valu8 at the 8nd of the year 22,726 22,726 CC17a IExcdl OW0912023 Section C Notes to the accounts Icont} Note 19 Debtors and prepayments Please complete thls note ITI the ¢harity ha$ any debtors or prepayment$. 19.1 Analys1$ of debtors Thls year Last year Trade debtor$ Prepayments and a¢erued In¢ome Other debtor$ 8,171.0 8,171.0 Total Please complete 19.2 where a materlal debtor 1$ re¢overable more than a year after the reportlng date. 19.2 Analys1$ of debtors re¢overable In more than 1 year (Included In debtors above) This year Last year Trade debtor$ Prepayments and a¢erued In¢ome Other debtor$ Total CC17a IEx¢èll 0810912023 Section C Notes to the accounts (cont} Note 20 Creditors and accruals Please complete th1$ note il the charity has any ¢Trdltor$ or a¢¢rual$. 20.1 Analy$ls of ¢redltors Amounts falling due within one year This year Last year Amounts falling due after more than one year This year Last year Accruals for grant$ payable Bank loans and overdrafts Trade creditors Payment$lLieen$e recelved on a¢¢ount for ¢ontra¢t$ or performance-related grant$ A¢¢rual$ and deferred In¢ome Taxatlon and $o¢lal $e¢urlty Other ¢redltor$ 75,755 39,860 Total CC17a IEx¢èll 12 0810912023 Section C Notes lo the aeeounts (conti Note 24 Cash at bank and in hand This year Last year Short term cash investments (les5 than 3 month5 maturitydatel Short term deFx>5ils Cash at bank and on hand Olher Total 26.940 616 CC17a (Exc￿> 13 0810912023