Registered Charity Number
1186941
HOURS OF PRAISE
Trustees Report and Financial Statements
For The Year Ended
31 December 2022

HOURS OF PRAISE
Report and accounts
Contents
Page
Charity informats'on
Trustees, ReF)Ort
Stslemenl of Trustees, responsibilit￿S
Independent Examiner's report
Statement of Financial AGb"vrties
Balance sheet
NoteWS¢hedule to the financial ststemenls

HOURS OF PRAISE
Charity Information
Trustees
Esther Foluke Tolulope Farinde
Oluseyi Latifu Jinadu
Oluremi Olufemi Akinpelu
Daniel Olasoji Idowu
Agnes Mary Bamidele
Independent Examiner
Daniel Dele-ojo FCCA
Timi and Co.
Unit One
Kings Estate
Broadway Parade
Hornchurch
RM12 4RS
Bankers
Natwest
250 Bishopsgate
London
EC2M 4AA
Principal address
5 PapenbuTg Road
Canvey Island
SS8 9PW
Reglslered number
1188941

HOURS OF PRAISE
Report of the Trustees
The trustees present their annual report together with the financial statements of Hours of
Praise Ithe charity) for the year ended 31 December 2022. The Trustees confirm that the
annual report and financial statements of the charity comply with the current statutory
rÈqiJirÉmènts, thè r8quir&ments of the charity's governing document 2nd the provisions of the
Statement ol Recommended Practice {SORP}"Accounting and Reporting by Charities.
issued in March 2005.
Hourg of Praise is a charty and the Trustees of the charity exer¢i8e control.
The organisation's principal objects conttnue to be..
1. To advance Christian religion by propagating the gospel of Jesus Christ and
proclaiming the Kingdom of God through preaching the word of God
2. To advance such other charitable purposes as Ihe Trustees shall determine
particularly, bul without prejudice to the generalty of the ft)regoing, by relieving
distress caused by disaster, poverty and sickness
3. The advan¢ement of Christian religion by the worship of God, the proclamation of the
Holy Spirit and the Fellowship of Mankind

HQURS OF PRAISE
Statement of Trustees. Responsibilities
The Charities Act requireg the Board of Trustees lo prepare financial statements for each
financial year which give a true and fair view of the slate of affairs of the charity as at the end
of the financial year and of the surplus or deficit of the charity. In preparing those financial
statements thè Board is required to..
select suitable accounting policies 2nd then apply them consistently.,
make judgements and estimates that are reasonable and prudent., and
prepare the financial statements on the going COn￿M basis unless it is
inappropriate to presume that the charity will continue in business.
state whether applicable accounting standards and statements of
recommended practice have been followed, subject to any rnaterial
departures disclosed and explained in the financial statements.,
The Trustees are also responsible for maintaining adequate accounting records which
disclose with reasonable accuracy at any lime the financial position of the charity and which
are sufficient lo show and explain the charity's transactions and enable them to ensu￿ that
the financial statements comply with regulations made under the Charities Act. They are also
responsible lor safeguarding the assets of the charity and hen￿ for taking reasonable steps
for the prevention and detection of fraud and other irregularities.
The Iruslees are also responsible for the contents of the trustees, report, and the
responsibility of the independent examiner in relation to the trustees, report is limited to
examining the report and ensuring that, on the fa￿ of the report, there are no inconsistencies
with the figures dlsclosed in the financial statements.
This report was approved by the board of trustees on 14 November 2023 and signed on its
behalf by..
Agnes Mary Bamidele
Trustee

HOURS OF PRAISE
Independent Examlnerfs Report to the trnstees of the chailty
Report of the Independent Examiner to the trustees
on the financial statements of the charlty for tho year ended 31 December 2022
I report on the financial statements of the Charty on for the year ended 31 December 2022
which have been prepared in accordan¢e with the Charities Act 2011 and with the Financial
Reporting Standard for Smaller Entitses IFRSSEI, effecbve April 2008, adapted to meet the
needs of unincorporated organisations, as modified by the Statement of Recommended
Practice for Accounting and Reporting issued by Ihe Charity Commissioners for England &
Wales, effective April 2005 as revised in June 2008. (The SORPI, under the historical cost
convention and the accounting policies sel out.
R8spectlvo responslbilities of trustses and examiner
The Charity's trustee5 are responsible for the preparation of the financial statements_ The
trustees are satisfied that the audit requirement of Section 144111 of the Charities Act 2011
Ilhe Acll 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 conseqLJence, the trustees have
elected that the financial statements be subject to independent examination.
Having satisfied myself that the charity is not subject to audrt, and is eligible for independent
examination, it is my responsibility to..
al examine the accounts under section 145 of the Act.,
bl to follow the procedures laid down in the General Directions given by the Charity
Commission under section 14515llbl of the Act,. and.,
cl to state whether particular matters have come to my attention.
Basls of oplnlon and scope of work undertakon
l Conducted my examination in accordance with the General Directions given by the Charity
Commissioners for England & Wale5 in relation to the conductrng of an independent
examination, referred to above. An independent examination includes a review of the
accounting records kept by the Charity and of the accounting systems employed by the
Charity and a Comparison of the financial statements presented with those records.11 also
includes consideration of any unusual items or disclosures in the financial statements and
seeking explanations from you as trustees Con￿mIng such matters. The purpose of the
examination is to establish as far as possible that there hav& been no breaches of the
Charities legislation and that the financial statements comply with the SORP, on a lesl basis,
of evidence relevant to the amounts and disclosures in the financial statements.
The procedures undertaken do not provide all the eviderlce that would be required in an audit,
and information supplied by the trustees in the course of the examination is not subjected to
audit tests or enquiries, and consequently I do not express an audit opinion on the view given
by the financial statements, and in particular, l express no opinion as to whether the financial
statements give a true and fair view of the affairs of the Charity, and my report is limited to the
matters set out in the statement below.
I planned and perfomed my examination so as to satisfy myself that the objectwes of the
independent examination are achieved and before finalising the report, l obtain written
assurances from the trustees of all material matters.
Independent Exarninerfs Ststement, report and opinion
SLJbject to the limitations upon the scope of my work as detailed above, in connection with my
examination, I can confirm that this is a report in respect of an examination carried out under
section 145 of the Act and in accordance with any directions given by the ComMiss￿n under
subsection15llb} of that sedion which are applicable.,

HOURS OF PRAISE
and that, no matter has come to my attention in connection with my examination which gives
me reasonable cause to believe that in any material respect the requirements
(i) lo keep accounting records in accordance with se￿10n 130 of the Act,.
lill to prepare financial statements which accord with the accounting records and comply with
the accounting requirements of the Act and.,
(iiil that the financial statements be prepared in accordance with the methods and principles
set out in the Statement of Recommended Practice- Accounting and Reporting by Charitie$
have not been met,. or to which, in my opinion, attention should be drawn in my report In order
to enable a proper understanding of the aeeounts to be reached.
Daniel Dele-ojo FCCA
For and on behalf of Timi and Co.
Chartered Certified Accounlanls
Unit One
Kings Estate
Broadway Parade
Hornchurch
RM124RS
The date upon which my opinion is expressed is on 14 November 2023.

HOURS OF PRAISE
Statement of Financial Activities
for the year ended 31 December 2022
Unrgstricted Restricted Total
Last Year
Funds
Funds
Funds Total Funds
2022
2022
2022
2021
Incoming resources
Incomlng resourc￿ from generated funds
Voluntary Inccfne
29,788
29,788
3,300
Total incoming resources
29,788
29.788
3,300
Costs of charitable 8¢tivitles
28,200
28,2CY)
5,250
Total resources expended
28,200
28.2(KJ
5,250
Net incoming resourcesl{net outgoing resources)
before transfers between funds
1,588
1,588
11,9501
18,2231
18,2231
11,0(K)I
Net outgoing resources before
Other recognised gains and losses
16,6351
16,6351
12,9501
Net movement in funds
16.6351
16,6351
12.9501
Total funds bmught fi>rward
6.985
8,985
9,935
Total Funds carrled forward
3S0
3SO
6.985

HOURS OF PRAISE
Balance Sheet
as at 31 December 2022
2022
2021
The assots aftdliabilities of th• eharify."
Curr¢nt a$89ts
C8sh at bank 8rhd in h8r
650
7.285
amoLsnls due within one year
1300)
13WI
Net Current assets
350
6,985
Totalassets lets Currentliabilities
350
6,985
Net assets
The funds ofthe C￿Tty..
Unrestricted incomè funds
Unrestricted revenue accumulated funds
6,985
Total unrestricted funds
350
6,985
Total Gharity funds
350
6,985
Agnes Mary Bamld•le
Tru$tse
Approved by the board of trustee5 on 14 Nov•mbgr 2023

HOURS OF PRAISE
Financial Statements for the
ear ended 31 December 2022
1. ACCOUNTING POLICIES
Accounting convènti¢)n
The finanoal ststemenls have ￿en prepared in a¢wrdan¢e with the Financial Reporting Stsndaid for Smaller
Entitie5 IFRSSEI. effective Awil 2008. and all othei appltcable accounting skndards, as modified by thg
s18lernent of Recommended Practice foi Accounting and Rèporting issued by the Charity Comm15sionÈrs for
England & Wales, (revised June 20081.
Incorning r8sour¢g$
All incoming resources are inclLtded on the Statement of Financial Adivitie8 when the charity is legalty entitled to
the income and the amount can be quanithed with reasonab￿ accuracy.
Resources expended
Expenditur8 is accounted for on an accnjals basis and has been dasstfied under headings that aggregate 811 cost
related lo the category. Where costs cannot be dire¢Uy attributed lo particular headings they have been allO￿ted
to aclwitiès on a basis coftsistènt tha usa of resouices.
Taxation
The d)arty is exempt from tax on its charita￿e actThiities.
Fund accounting
UnTestricted funds can be used in accotdarKB wrth charitablè obied¢ves at the discretion of the trustees.
Restrictad funds can only b8 usad for particJJlar T8strict8d puwposes within the objects of the charity.
Re$triction$ arise when Speafied by the donor or when fiJnd8 are raised for parkncuiar restrieted wrposes.
Further exFAanation of the naluie and purpose of eath fund 1$ included in the notes lo the financlal stalemenl$.
HI￿ purchase and leasing commitments
Rentals paid under operating leases are charged to the statements of fin8nci818ctiwties on a straight line basis
over the period of the lease.
2. TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneralon or other benefits forthe year end￿ 31 December 2022.
Trustees, Expenses
Th6r6 wer6 no tnjstaès, axpansas paid nèithar for tho year ended 31 December 2022.

HOURS OF PRAISE
Schedulè to the Statement of Financial Activitiès
for tho year endod 31 D8c8mb8r 2022
Status of this $¢hedule to the Statement of Finan¢ial A¢ll¥itles
Th6 SChedu￿S on the following pa98s ar8 required by the disdosure reqUireM￿ts of the
Statement of Recomrn8nd8d Piactice for Accounting and Reporting issued by the Charity
Commissioners for EnglaThl & Wales. effective April 2￿5 and revised in Jun• 2008.
As 8vch, they form a part of the accounts required by tho Charrties (Accounts and Reports)
Unrestrictèd R••trletsd Total
Fund$
Funds
Fund
2022
202Z
Prlor Perlod
Total Funds
2021
In￿mIng Resources
Voluntary Incomo
Donations
Total
Totsl Donatlons Recetved
29.7e8
29.788
29.788
29,788
29,788
29,788
3.300
3.300
3.300
Total Voluntary In¢omo
29.788
29,788
3,300
Total Incomlng Resources
29,788
29,788
3,300
Charitsblg expgndituro
SupportGosts ofcharftsble 8ctivilles
Dlrecl supporttosts
Maiketing of servi
716
716
716
225
716
225
Managementandadministralion costs
In support of charitable activitie5
si•ifeosts SUPP¥Wtof ch8rllabl0￿IwIVes
Trainin9 and welfarg
512
512
S12
512
Indiredemployee co¥ts
Travet and subsistence
379
379
379
379
Rates. water and servtce charges
e￿anIng
360
328
360
328
688
688
Telephone and lax
Postage
Stationery and printing
Subs&iptions
Equipment expenses
Software
Events
785
197
274
785
197
274
91
91
995
995
257
818
1,500
1,002
2.750
1.002
2,750
6,094

HOURS OF PRAISE
Schodule to the Statemont of Financial Activities
for tho yoai onded 31 Docombor 2022
Status of thi8 8chodule to the Statement of Financial Activiti
The schedu￿5 on the following page5 are required by the disdOsu￿ reqU1￿ments of the
Statement of Re¢ommended PracticÈ for Accounting and Reporting issued by Ihe Charity
CDmmiÉsionèrs for Englsnd & Walgs. èff&div& April 2005 and revised in Jun• 2CQ8.
As S￿h, they form a p?rt of the a¢counts requsr&J by the Chanties (Accounts arKI Rgportsl
Unregtrl¢ted Re8tri¢t¢d Totsl
Funds
Funds
Funds
2022
2022
2022
Prfor Perlod
Total Funds
2021
Prnfe￿oml fees In sewport ofclw¥lal)le4clivth8
Accountancy fee5 Other than examinerslauditors
Artist Paymenl
Consuttancy fees
300
300
4.160
15.351
19,811
300
4.160
15.351
19,811
2,150
2,450
Total Support costs
28,200
5.250
Total Expgndgd on Charltabl& Actlvltles
28.2CKJ
27,688
5.250
10