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2022-04-05-accounts

Registered Charity Number: 1183191

Hope Church Huddersfield

Unaudited

Report and Accounts

For the year ended 5 April 2022

HOPE CHURCH HUDDERSFIELD

CONTENTS

Page
Reference and Administrative Details 1
Trustees Report 2
Independent Examiner’s Report 6
Statement of Financial Activities 7
Balance Sheet 9
Notes to the Financial Statements 10

HOPE CHURCH HUDDERSFIELD

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 5 APRIL 2022

Trustees: Rev. L Allen Mr D Dent Mr P Godfrey Mr G Powell Mr P Thomson Status: Charity Registration Number: 1183191 Address: 19 Hill Top Road Salendine Nook Huddersfield HD3 3SW Independent Examiner: Wheawill & Sudworth Limited Chartered Accountants 35 Westgate Huddersfield HD1 1PA Bankers: CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

Charitable Incorporated Organisation

Page 1

HOPE CHURCH HUDDERSFIELD

TRUSTEES REPORT FOR THE YEAR ENDED 5 APRIL 2022

The Trustees are pleased to present their report and financial statements for the period ended 5 April 2022.

The Trustees confirm that the annual report and financial statements of the Charity comply with current statutory requirements, the requirements of the charity's Governing Document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) published in January 2022.

Structure, Governance and Management

Governing Document

The Church is a Charitable Incorporated Organisation (CIO) and operates under a Constitution that was registered with the Charity Commission on 30 April 2019.

Governance

The Church is lead by the Elders who are supported by a team of Deacons. All Elders also serve as Trustees. The Elders meet regularly to monitor the spiritual welfare, to discuss future plans and to review the current activities of the Church.

The Elder’s decisions are subject to the scrutiny and where required the approval of Church members at the quarterly Church business meetings.

Appointment of Trustees

New Trustees are nominated by the current Trustees and are confirmed by a vote of Church members. All Trustees have to be re-confirmed by the Church members every 3 years.

Objectives and Activities

The purposes of the Church are the advancement of the Christian faith in accordance with the Basis of Faith primarily but not exclusively within Huddersfield and the surrounding neighbourhood; and such other charitable purposes as shall, in the opinion of the Trustees, put into practice the Christian faith in accordance with the Basis of Faith.

When planning activities, the Trustees have given due consideration to the Charity Commission’s guidance on public benefit. The Church holds public Sunday services and runs other activities during the week. In particular, we try to enable ordinary people to live out their Christian faith in their local communities.

The Church also provides financial support to other individuals and organisations involved in Christian mission.

Achievements and Performance

The Church has continued with its activities. These gradually returned to in-person as the Coronavirus pandemic restrictions were relaxed. Activities that had been stopped were restarted.

Page 2

HOPE CHURCH HUDDERSFIELD

TRUSTEES REPORT FOR THE YEAR ENDED 5 APRIL 2022

“Mighty Makers” craft and lego events for primary school age children are held twice per school term on Saturday mornings. Meetings are open to children from the Church and the wider community.

There is a mid-week meeting for older age groups. In conjunction with other local churches, a once per school term “Yorkshire Youth” event for secondary school age young people and their friends has been started.

“Help @ Hope” offers practical assistance with everyday tasks to Church members when things are difficult.

The ministries of the Church are overseen by its leadership and are carried forward by the Senior and Associate Pastors and with the extensive involvement of volunteers drawn from the Church membership and other regular attendees. This pattern is seen in all areas of Church life.

The Church meets in rented premises on Sundays and hires premises for other events as required. The Trustees, with the support of Church members, are actively looking for premises to purchase and have looked at a number of potential buildings. It is anticipated that purchasing a building will enable the Church to further develop and extend its ministries.

Page 3

HOPE CHURCH HUDDERSFIELD

TRUSTEES REPORT FOR THE YEAR ENDED 5 APRIL 2022

Financial Review

An operating budget is approved annually by the Church Members Meeting and the day to day finances are administered by the Treasurer. Finance reports are provided to the Trustees and Church Members meeting.

Remuneration of employed staff is determined by the lay Trustees and is subject to Church Members approval as part of the operating budget.

Income for the year to 5 April 2022 was £199059 and expenditure was £99150 giving a surplus for this period of £99909. The Church is actively looking to purchase a property and income includes donations of £116657 received for the Building Fund (restricted). Expenditure includes £4697 from restricted funds.

Excluding these amounts, there was a General fund deficit of £12051 (surplus of £23443 in 2020/21) for this period. Income and expenditure for this period and the previous period have been distorted by the impact of the restrictions introduced to control the spread of the Coronavirus. Against this background, the Trustees have approved a deficit budget for 2022/23 and are confident that the Church has sufficient funds to meet its commitments without compromising its reserves policy. However, they recognise that action may need to be taken to maintain the financial stability of the Church.

Total reserves at the end of the year are £409495, of which £123411 are restricted and £200653 are designated. Unrestricted general reserves at the end of the year are £85431.

Reserves Policy

The Trustees have agreed to maintain reserves equivalent to 6 months normal church expenditure which is c.£45000. This is more than adequately covered by the balances held.

The Trustees recognise that the Church is holding excess reserves.

The Church is actively looking to purchase a property. The balances in the restricted (£121544) and designated (£195118) Building funds are being held for this purpose.

Funding

The Church’s funding principally comes from gifts and donations made by members and other regular attendees together with associated Gift Aid.

Risks

The Trustees have not identified any major risks to the Church.

Responsibilities of the Trustees

The Trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Page 4

HOPE CHURCH HUDDERSFIELD

TRUSTEES REPORT FOR THE YEAR ENDED 5 APRIL 2022

The law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that period. In preparing the financial statements the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the governing document. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the Trustees on 28 September 2022 and signed on their behalf by

Mr G Powell Trustee

Page 5

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF HOPE CHURCH HUDDERSFIELD FOR THE YEAR ENDED 5 APRIL 2022

I report to the charity trustees on my examination of the accounts of the charity for the year ended 5 April 2022 which are set out on pages 7 to 17.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and 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 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 Church as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

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.

Mr R Turner MAAT Wheawill & Sudworth Limited Chartered Accountants 35 Westgate Huddersfield HD1 1 PA

28 September 2022

Page 6

HOPE CHURCH HUDDERSFIELD

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2022

Unrestricted Restricted Total
funds funds funds
05/04/22 05/04/22 05/04/22
Note £ £ £
Income and endowments from:
Donations and legacies 2 81673 116607 198280
Investments 15 50 65
Other income 714 0 714
Total income 82402 116657 199059
Expenditure on:
Expenditure on charitable activities 3 & 4 94453 4697 99150
Total expenditure 94453 4697 99150
Net income / (expenditure) resources
before transfers (12051) 111960 99909
Transfers
Gross transfers between funds - in 0 0 0
Gross transfers between funds - out 0 0 0
Net movement in funds (12051) 111960 99909
Reconciliation of funds
Total funds brought forward 298135 11451 309586
Total funds carried forward 286084 123411 409495

Page 7

HOPE CHURCH HUDDERSFIELD

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2022

Statement of Financial Activities for the year ended 5 April 2021:

Unrestricted Restricted Restricted Total
funds funds funds
05/04/21 05/04/21 05/04/21
£ £ £
Income and endowments from:
Donations and legacies 93812 0 93812
Investments 60 65 125
Other income 922 0 922
Total income 94794 65 94859
Expenditure on:
Expenditure on charitable activities 71351 1270 72621
Total expenditure 71351 1270 72621
Net income / (expenditure) resources
before transfers 23443 (1205) 22238
Transfers
Gross transfers between funds - in 58392 0 58392
Gross transfers between funds - out (58392) 0 (58392)
Net movement in funds 23443 (1205) 22238
Reconciliation of funds
Total funds brought forward 274692 12656 287348
Total funds carried forward 298135 11451 309586

Page 8

HOPE CHURCH HUDDERSFIELD

BALANCE SHEET AS AT 5 APRIL 2022

As at As at
05/04/2022 05/04/2021
Note £ £
Current assets
Stocks and work in progress 878 871
Debtors 8 20206 12196
Cash at bank and in hand 392140 297719
413224 310786
Liabilities
Creditors: Amounts falling due in one year 9 (3729) (1200)
Net Current Assets 409495 309586
Net Assets 409495 309586
Represented by:
Unrestricted - General Funds 10 85431 97382
Unrestricted - Designated Funds 200653 200753
Restricted Funds 123411 11451
Funds of the church 409495 309586

The financial statements were approved by the Trustees on 28 September 2022 and signed on their behalf by:

Mr G Powell Trustee

Page 9

HOPE CHURCH HUDDERSFIELD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022

1. Accounting Policies

1.1. Basis of preparation of financial statements

These financial statements are prepared on a going concern basis, under the historical cost convention.

The financial statements have been prepared in accordance with the “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)” (“the Charities SORP”) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Hope Church Huddersfield constitutes a public benefit entity as defined by FRS 102.

1.2. Fund Accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

1.3. Income

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The value of services provided by volunteers has not been included in these accounts.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

1.4. Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries.

Page 10

HOPE CHURCH HUDDERSFIELD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the fees of the independent examiner.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.

1.5. Fixed Assets

All assets costing more than £1000 are capitalised.

The charity has not purchased any assets that cost more than £1000.

1.6. Debtors and creditors receivable / payable within one year

Debtors and creditors receivable or payable within one year are recorded at the settlement amount.

1.7. Pensions

The charity makes contributions to either the NEST scheme that it administers to meet its auto-enrolment obligations or to an employee’s existing stakeholder pension plan. Employees contract directly with either NEST or the pension plan provider.

2. Income Received

Donations
Total - Donations & Legacies
Bank Interest
Total - Investment Income
Other Income
Total - Other Income
Total Income 2021/22
Unrestricted
2021/22
Designated
2021/22
Restricted
2021/22
Total
2021/22
£
£
£
£
81673
-
116607
198280
81673
-
116607
198280
15
-
50
65
15
-
50
65
714
-
-
714
714
-
-
714
82402
-
116657
199059

Other Income includes receipts of £653 from church members and guests for events arranged by the Church.

Page 11

HOPE CHURCH HUDDERSFIELD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022

Income Received in the previous period:

Donations
Total - Donations & Legacies
Bank Interest
Total - Investment Income
Other Income
Total - Other Income
Total Income 2020/21
Unrestricted
2020/21
Designated
2020/21
Restricted
2020/21
Total
2020/21
£
£
£
£
92862
950
-
93812
92862
950
-
93812
60
-
65
125
60
-
65
125
922
-
-
922
922
-
-
922
93844
950
65
94859

3. Mission Donations

Mission - Donations
Total - Mission Donations
Unrestricted
2021/22
Total
2021/22
Unrestricted
2020/21
Total
2020/21
£
£
£
£
5602
5602
9924
9924
5602
5602
9924
9924

All donations were made from Unrestricted funds. Donations were made to the following organisations:

Caring for Life
FIEC
OMF International
Redeemer Church of Dubai (for CBC Beirut)
SASRA
Spen Valley Church
Total
2021/22
Total
2020/21
£
£
-
2000
2352
1896
-
2000
-
278
-
1000
3250
2750
5602
9924

Page 12

HOPE CHURCH HUDDERSFIELD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022

4. Charitable Activities

Direct Costs
Staff Costs
Ministry
Guest Speakers
Evangelism
Venue Hire
Printing & Stationery
Insurance
Licences
Equipment
Children & Youth
Catering
General - Other Expenses
Total - Direct Costs
Governance
Professional Fees
Total - Governance
Total - Charitable Activity Cost
Unrestricted
2021/22
Designated
2021/22
Restricted
2021/22
Total
2021/22
£
£
£
£
65176
-
-
65176
2514
100
4697
7311
575
-
-
575
1714
-
-
1714
12418
-
-
12418
719
-
-
719
315
-
-
315
1930
-
-
1930
728
-
-
728
139
-
-
139
214
-
-
214
1109
-
-
1109
87551
100
4697
92348
1200
-
-
1200
1200
-
-
1200
88751
100
4697
93548

The Independent Examiners fee for completing the Independent Examination was £1200.

Page 13

HOPE CHURCH HUDDERSFIELD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022

Charitable Activities cost for the previous period:

Direct Costs
Staff Costs
Ministry
Guest Speakers
Evangelism
Venue Hire
Printing & Stationery
Insurance
Licences
Equipment
Children & Youth
Catering
General - Other Expenses
Total - Direct Costs
Governance
Professional Fees
Total - Governance
Total - Charitable Activity Cost
Unrestricted
2020/21
Designated
2020/21
Restricted
2020/21
Total
2020/21
£
£
£
£
51065
-
-
51065
1435
1115
1270
3820
130
-
-
130
20
-
-
20
806
-
-
806
298
-
-
298
304
-
-
304
1702
-
-
1702
630
-
-
630
74
-
-
74
0
-
-
0
2648
-
-
2648
59112
1115
1270
61497
1200
-
-
1200
1200
-
-
1200
60312
1115
1270
62697

5. Staff Costs

Staff Costs
Gross Salaries
Pension Contributions
Employer NICs
Total Staff Costs
Total
2021/22
Total
2020/21
£
£
57835
46035
5753
4569
1588
461
65176
51065

The average number of people employed by the charity during the year to 5 April 2022 was 2.

No employee was paid at a rate in excess of £60,000 per annum.

6. Trustees Remuneration

Lewis Allen was paid a salary of £30480 (£30180 in 2020/21) for his role as Senior Pastor. Employer’s pension contributions of £3031 (£2994 in 2020/21) and Employers NICs of £865 (£261 in 2020/21) were made on his behalf.

David Dent was paid a salary of £27355 (£15855 in 2020/21) for his role as Associate Pastor. Employer’s pension contributions of £2722 (£1575 in 2020/21) and Employers NICs of £723

Page 14

HOPE CHURCH HUDDERSFIELD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022

(£200 in 2020/21) were made on his behalf.

7. Related Party Transactions

Aggregate donations, excluding Gift Aid tax refund, of £34611 (£11822 in 2020/21) were received by the charity from the Trustees and their spouses. £23000 of these donations were received for, and have been added to, the restricted Building Fund.

8. Debtors

Tax Recoverable
Total Debtors
Creditors: Amounts falling due within one year
Accruals
Total Creditors
Total
05/04/22
Total
05/04/21
£
£
20206
12875
20206
12875
Total
05/04/22
Total
05/04/21
£
£
3729
1200
3729
1200

9. Creditors: Amounts falling due within one year

10. Statement of Funds

Designated Funds
Building
Hardship
Total
General Funds
General
Total
Unrestricted Funds
Restricted Funds
Building
Ministry Development
Total
Total Funds
Balance at
5 April 2021
Income
Expenditure
Transfers
Balance at
5 April 2022
£
£
£
£
£
195118
-
-
-
195118
5635
-
100
-
5535
200753
-
100
-
200653
97382
82402
94353
-
85431
97382
82402
94353
-
85431
298135
82402
94453
-
286084
4887
116657
-
-
121544
6564
-
4697
-
1867
11451
116657
4697
-
123411
309586
199059
99150
-
409495

Page 15

HOPE CHURCH HUDDERSFIELD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022

Statement of Funds for the previous period:

Designated Funds
Building
Hardship
Total
General Funds
General
Total
Unrestricted Funds
Restricted Funds
Building
Ministry Development
Total
Total Funds
Balance at
5 April
2020
Income
Expenditure
Transfers
Balance at
5 April
2021
£
£
£
£
£
136726
-
-
58392
195118
5800
950
1115
-
5635
142526
950
1115
58392
200753
132166
93843
70235
(58392)
97382
132166
93843
70235
(58392)
97382
274692
94793
71350
0
298135
4822
65
-
-
4887
7834
-
1270
-
6564
12656
65
1270
-
11451
287348
94858
72620
0
309586

General : unrestricted funds used for the general running expenses of the church.

Building : to be used for the purchase or lease of a church building and / or the equipping, furnishing and maintenance of a church building.

Hardship : to be used for the relief of members and others associated to the church who are suffering financial hardship.

Ministry Development : the development of those in training for full time Christian ministry and the support of “Ministry Apprentices” who serve the church and undertake introductory Christian ministry training in a voluntary capacity.

11. Analysis net assets between funds

Cash at bank and in hand
Other current assets
Current liabilities
Total
Unrestricted
5 April 2022
Designated
5 April 2022
Restricted
5 April 2022
Total
5 April 2022
£
£
£
£
75557
200653
115930
392140
13603
-
7481
21084
(3729)
-
-
(3729)
85431
200653
123411
409495

Page 16

HOPE CHURCH HUDDERSFIELD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2022

Analysis of net assets between funds for the previous period:

Cash at bank and in hand
Other current assets
Current liabilities
Total
Unrestricted
5 April 2021
Designated
5 April 2021
Restricted
5 April 2021
Total
5 April 2021
£
£
£
£
85605
200663
11451
297719
12977
90
-
13067
(1200)
-
-
(1200)
97382
200753
11451
309586

Page 17