Registered Charity Number: 1183191
Hope Church Huddersfield
Unaudited
Report and Accounts
For the year ended 5 April 2024
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 2024
Trustees: Rev. L Allen Mr D Dent Mr P Godfrey Mr G Powell Mr P Thomson Status: Charitable Incorporated Organisation 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
Page 1
HOPE CHURCH HUDDERSFIELD
TRUSTEES REPORT FOR THE YEAR ENDED 5 APRIL 2024
The Trustees are pleased to present their report and financial statements for the period ended 5 April 2024.
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 led 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.
Page 2
HOPE CHURCH HUDDERSFIELD
TRUSTEES REPORT FOR THE YEAR ENDED 5 APRIL 2024
Achievements and Performance
The Church has continued with its activities.
-
Sunday services are conducted in both the morning and the evening. Live-streaming of the morning service on YouTube has continued to enable those unable to attend in person to participate. All services are open to members, other regular attendees and guests.
-
Sunday school is run alongside the morning service for primary school age children. A crèche is provided for pre-school age children.
“Hope Hoppers” is a weekly group for babies, toddlers and their carers that is open to church families and guests.
“Toast” is a bi-weekly youth group for 11-14s from church families and their friends.
“Yorkshire Youth” is a once per school term event for 11-14s from church families and their friends run in conjunction with other local churches.
- Life Groups (small group meetings in member’s homes) meet weekly for bible study, prayer and to share fellowship. A Welcome Group for newcomers to the Church runs alongside Life Groups as and when required.
A Women’s bible study runs monthly.
-
Student ministry includes regular student lunches (hosted by Church members). Students are also encouraged to be involved in the Huddersfield University Christian Union and the wider life of the Church.
-
“Establish” (20s/30s age group) meets twice monthly on Sundays after the morning service.
-
“Hope Telephone Befriending” is available to Church members who are feeling lonely or isolated.
“Help @ Hope” offers practical assistance with everyday tasks to Church members when things are difficult.
-
Christmas activities included a ladies wreath making evening and carol services.
-
The Church held a “Mighty Makers Easter Extravaganza” event in March. These events were open to all and offered an opportunity for children and their parents to hear the good news of the Christian faith.
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
Page 3
HOPE CHURCH HUDDERSFIELD
TRUSTEES REPORT FOR THE YEAR ENDED 5 APRIL 2024
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.
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 2024 was £120189 and expenditure was £112060 giving a surplus for this period of £8129. Income includes donations and bank interest totalling £8139 received for the Building Fund (restricted).
Excluding these amounts, there was a General fund deficit of £10 (deficit of £604 in 2022/23) for this period. The Trustees have approved a deficit budget for 2024/25 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 £419092, of which £133622 are restricted and £200463 are designated. Unrestricted general reserves at the end of the year are £85007.
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 (£133304) 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.
Page 4
HOPE CHURCH HUDDERSFIELD
TRUSTEES REPORT FOR THE YEAR ENDED 5 APRIL 2024
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).
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:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principles in the Charities SORP 2019 (FRS 102);
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on a going concern basis unless it is inappropriate to assume that the Charity will continue in operation.
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 25 September 2024 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 2024
I report to the charity trustees on my examination of the accounts of the charity for the year ended 5 April 2024 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:
-
accounting records were not kept in respect of the Church as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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
25 September 2024
Page 6
HOPE CHURCH HUDDERSFIELD
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2024
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 05/04/24 | 05/04/24 | 05/04/24 | ||
| Note | £ | £ | £ | |
| Income and endowments from: | ||||
| Donations and legacies | 2 | 108936 | 1106 | 110042 |
| Investments | 1655 | 7033 | 8688 | |
| Other income | 1459 | 0 | 1459 | |
| Total income | 112050 | 8139 | 120189 | |
| Expenditure on: | ||||
| Expenditure on charitable activities | 3 & 4 | 112060 | 0 | 112060 |
| Total expenditure | 112060 | 0 | 112060 | |
| Net income / (expenditure) resources | ||||
| before transfers | (10) | 8139 | 8129 | |
| Transfers | ||||
| Gross transfers between funds - in | 0 | 0 | 0 | |
| Gross transfers between funds - out Net movement in funds |
0 (10) |
0 8139 |
0 8129 |
|
| Reconciliation of funds | ||||
| Total funds brought forward | 285480 | 125483 | 410963 | |
| Total funds carried forward | 285470 | 133622 | 419092 |
Page 7
HOPE CHURCH HUDDERSFIELD
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2024
Statement of Financial Activities for the year ended 5 April 2023:
| Income and endowments from: Donations and legacies Investments Other income Total income Expenditure on: Expenditure on charitable activities |
Unrestricted funds 05/04/23 £ Restricted funds 05/04/23 £ Total funds 05/04/23 £ 99899 1750 101649 555 2171 2726 1016 0 1016 101470 3921 105391 102074 1849 103923 |
|---|---|
| Total expenditure Net income / (expenditure) resources before transfers |
102074 1849 103923 (604) 2072 1468 |
| Transfers Gross transfers between funds - in Gross transfers between funds - out Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
0 0 0 0 0 0 (604) 2072 1468 286084 123411 409495 285480 125483 410963 |
Page 8
HOPE CHURCH HUDDERSFIELD
BALANCE SHEET AS AT 5 APRIL 2024
| As at | As at | ||
|---|---|---|---|
| 05/04/2024 | 05/04/2023 | ||
| Note | £ | £ | |
| Current assets | |||
| Stocks and work in progress | 860 | 860 | |
| Debtors | 8 | 17517 | 15594 |
| Cash at bank and in hand | 401970 420347 |
400596 417050 |
|
| Liabilities | |||
| Creditors: Amounts falling due in one year | 9 | (1255) | (6087) |
| Net Current Assets | 419092 | 410963 | |
| Net Assets | 419092 | 410963 | |
| Represented by: | |||
| Unrestricted - General Funds | 10 | 85007 | 84827 |
| Unrestricted - Designated Funds | 200463 | 200653 | |
| Restricted Funds | 133622 | 125483 | |
| Funds of the church | 419092 | 410963 |
The financial statements were approved by the Trustees on 25 September 2024 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 2024
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 2024
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 2023/24 |
Unrestricted 2023/24 Designated 2023/24 Restricted 2023/24 Total 2023/24 £ £ £ £ 108936 - 1106 110042 |
|---|---|
| 108936 - 1106 110042 |
|
| 1655 - 7033 8688 |
|
| 1655 - 7033 8688 |
|
| 1459 - 1459 |
|
| 1459 - - 1459 |
|
| 112050 - 8139 120189 |
Other Income includes receipts of £1096 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 2024
Income Received in the previous period:
| Unrestricted | Designated | Restricted Total |
|
|---|---|---|---|
| 2022/23 | 2022/23 | 2022/23 2022/23 |
|
| £ | £ | £ £ |
|
| Donations | 99899 | - | 1750 101649 |
| Total - Donations & Legacies | 99899 | - | 1750 101649 |
| Bank Interest | 555 | - | 2171 2726 |
| Total - Investment Income | 555 | - | 2171 2726 |
| Other Income | 1016 | - 1016 |
|
| Total - Other Income | 1016 | - | - 1016 |
| Total Income 2022/23 | 101470 | - | 3921 105391 |
3. Mission Donations
| Mission - Donations Total - Mission Donations |
Unrestricted 2023/24 Total 2023/24 Unrestricted 2022/23 Total 2022/23 £ £ £ £ 8711 8711 10268 10268 |
|---|---|
| 8711 8711 10268 10268 |
All donations were made from Unrestricted funds. Donations were made to the following organisations:
| FIEC Spen Valley Church Tia Lawrence Caring for Life Hope Church Halifax OMF International Matt & Pippa Green Huddersfield University Christian Union |
Total 2023/24 Total 2022/23 £ £ 2461 2268 2000 3000 - 2000 - 1000 - 1000 1500 1000 2500 - 250 - |
|---|---|
| 8711 10268 |
Page 12
HOPE CHURCH HUDDERSFIELD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024
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 2023/24 Designated 2023/24 Restricted 2023/24 Total 2023/24 £ £ £ £ 72713 - - 72713 4029 190 - 4219 75 - - 75 87 - - 87 18608 - - 18608 41 - - 41 325 - - 325 1902 - - 1902 1370 - - 1370 1223 - - 1223 280 - - 280 1306 - - 1306 101959 190 0 102149 1200 - - 1200 |
|---|---|
| 1200 - - 1200 |
|
| 103159 190 0 103349 |
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 2024
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 2022/23 Designated 2022/23 Restricted 2022/23 Total 2022/23 £ £ £ £ 64563 - - 64563 2894 - 1849 4743 575 - - 575 299 - - 299 17508 - - 17508 534 - - 534 325 - - 325 1662 - - 1662 526 - - 526 311 - - 311 434 - - 434 975 - - 975 90606 - 1849 92455 1200 - - 1200 |
|---|---|
| 1200 - - 1200 |
|
| 91806 - 1849 93655 |
5. Staff Costs
| Staff Costs | |
|---|---|
| Gross Salaries Pension Contributions Employer NICs Total Staff Costs |
Total 05/04/24 Total 05/04/23 £ £ 64782 57960 6471 5769 1460 834 |
| 72713 64563 |
The average number of people employed by the charity during the year to 5 April 2024 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 £34065 (£30480 in 2022/23) for his role as Senior Pastor. Employer’s pension contributions of £3399 (£3031 in 2022/23) and Employers NICs of £783 (£467 in 2022/23) were made on his behalf. He did not receive any remuneration for his role as a Trustee.
David Dent was paid a salary of £30717 (£27480 in 2022/23) for his role as Associate Pastor. Employer’s pension contributions of £3071 (£2738 in 2022/23) and Employers NICs of £677
Page 14
HOPE CHURCH HUDDERSFIELD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024
(£367 in 2022/23) were made on his behalf. He did not receive any remuneration for his role as a Trustee.
7. Related Party Transactions
Aggregate donations, excluding Gift Aid tax refund, of £16929 (£15197 in 2022/23) were received by the charity from the Trustees and their spouses.
8. Debtors
| Creditors: Amounts falling due within one year Tax Recoverable Total Debtors Accruals Total Creditors |
Total 05/04/24 Total 05/04/23 £ £ 17517 15594 |
|---|---|
| 17517 15594 |
|
| Total 05/04/24 Total 05/04/23 £ £ 1255 6087 |
|
| 1255 6087 |
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 2023 Income Expenditure Transfers Balance at 5 April 2024 £ £ £ £ £ 195118 - - - 195118 5535 - 190 - 5345 |
|---|---|
| 200653 - 190 - 200463 |
|
| 84827 112050 111870 - 85007 |
|
| 84827 112050 111870 - 85007 |
|
| 285480 112050 112060 - 285470 |
|
| 125165 8139 - - 133304 318 - - - 318 |
|
| 125483 8139 - - 133622 |
|
| 410963 120189 112060 - 419092 |
Page 15
HOPE CHURCH HUDDERSFIELD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024
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 2022 Income Expenditure Transfers Balance at 5 April 2023 £ £ £ £ £ 195118 - - - 195118 5535 - - - 5535 200653 - - - 200653 85431 101470 102074 - 84827 85431 101470 102074 - 84827 |
|---|---|
| 286084 101470 102074 - 285480 |
|
| 121544 3621 - - 125165 1867 300 1849 - 318 |
|
| 123411 3921 1849 - 125483 |
|
| 409495 105391 103923 - 410963 |
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 2024 Designated 5 April 2024 Restricted 5 April 2024 Total 5 April 2024 £ £ £ £ 68066 200463 133441 401970 18196 - 181 18377 (1255) - - (1255) |
|---|---|
| 85007 200463 133622 419092 |
Page 16
HOPE CHURCH HUDDERSFIELD
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024
Analysis of net assets between funds for the previous period:
| Unrestricted | Designated | Restricted | Total | |
|---|---|---|---|---|
| 5 April 2023 | 5 April 2023 | 5 April 2023 | 5 April 2023 | |
| £ | £ | £ | £ | |
| Cash at bank and in hand | 74710 | 200653 | 125233 | 400596 |
| Other current assets | 16204 | - | 250 | 16454 |
| Current liabilities | (6087) | - | - | (6087) |
| Total | 84827 | 200653 | 125483 | 410963 |
Page 17