Registered Charity Number
1186941
HOURS OF PRAISE
Trustees Report and Financial Statements
For The Year Ended
31 December 2023

HOURS OF PRAISE
Report and accounts
Contents
Pago
Charity inforMat￿n
TTUStees' Report
Statement of TTUStees' responsibilities
Independent Examinerfs report
Statement of Financial ActNities
Balance sheet
Noteslschedule to the financial ststements

HOURS OF PRAISE
Charity Infomiation
Truslees
Esther Foluke Tolulope Farinde
Oluseyi Latifu Jinadu
Oluremi Olufemi Akinpelu
Daniel Olasoji Idowu
Agnes Mary Bamidele
Indfrpondenl Examiner
Daniel Dele~Ojo FCCA
Timi and Co.
Unil One
Kings Estate
Broadway Parade
Hornchurch
RM12 4RS
Bankers
Natwesl
250 Bishopsgate
Londtsn
EC2M 4AA
Principal address
5 Papenburg Road
Canvey Island
SS8 9PW
Registgrgd number
1186941

HOURS OF PRAISE
Report of tho Trustees
The trustees present their annual ￿pOrt together with the financial statsments of Hours of
Praise (the charity) for the year ended 31 December 2023. The Trustees confirm that the
annual report and financial statements of the charity comply with the current statutory
requirements, the requirements of the charity's governing document and the provisions of the
statement of ReC0mn￿￿ded practi￿ {SORPI 'Accounting and Reporting by Charities"
issued in March 2005.
Hours of Praise is a charity and the Trustees of the charty exercise control.
The organisation's Prinapal obj.ects continue to be:
1. To advance Christian religion by propagating the gospel of Jegus Christ and
proclaiming the Kingdom of God through preaching the word of God
2. To advance such other charrtable purposes as the Trustees shall determine
particylarly, but without p￿jUdICe to the generality of the foregoing, by relieving
distress caused by disaster, poverty and sickness
3. The advancement of Christian religion by the worship of God, the proclamation of the
Holy Spirit and the Fellowship of Mankind

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ststement of Trustses. Responsibilities
The Charities Acl requires the Board of Trustees to prepare financial statements for each
financial year which give a true and fair view of the state of affairs of the charity a5 at the end
of the financial year and of the surplus or deficit of the charity. In preparing those fi'nancial
statements the Board is required to.. -
select suitable accounting policies and then apply them consistently.,
make judgements and estimates that are reasonable and prudent,. and
prepare the financial statements on the going concern basis unless it is
inappropriate to presume that the charity will continue in business.
state whether applicable accounting standards and statemenls of
recommended practice have been followed. subject to any material
departures disclosed and explained in the financial slatemenls",
The Truslees are also ￿pOnSIble for maintaining adequate accounting records which
disclose with reasonable accuracy at any lime the financial position of the charity and which
are sufficient to show and explain the charity's transactions and enable them lo ensure that
the financial statements comply with regulations made Under the Charities Act. 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 iThegularities.
The trustees are also responsible for the contents of the trustees. report, and the
responsibilty of the independent examiner in relation lo 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 disclosed in the financial statements.
This report was approved by the board of trustees on 15 October 2024 and signed on its
half by..
Agnes Mary Bamidele
Trustee

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Independent Examinerfs Report to the twstees of the charlty
Report of the Independent Examiner to the trustees
on the flnancial ststgmonts of tho charity for the year onded 31 Docomber 2023
I report on the financial statements of the Charity on for the year ended 31 DeGember 2023
which have been prepared in accordan￿ with the Charities Act 2011 and with the Financial
Reporting Stsndard for Smaller Entities IFRSSEI, effective April 2008, adapted to meet Ihe
needs of unincorporated organisations, as modified by the Statement of Recommended
Practice for Accounting and Reportin9 issued by the Charity Commissioners for England &
Vvales, effective April 2005 as revised in June 2008. (The SORPI, under the historical cost
convention and the accounting policies set out
Respe¢tlve responsibllttlo6 of trust0è6 and examiner
The Charity's trustees are responsible for the preparation of the financial slatemenls. The
trustees are satisfied that the audit requirement of Section 144{11 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 trustses 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 14515}Ib) of the Act., and-,
cl to state whether particular matters have Gome to ry attention.
Basis of oplnlon and 8¢ope of work undertaken
I conducted my examination in accordan￿ with the Generdl Directions given by the Charity
Commissioners for England & Wales in relation lo the conduGting of an independent
examination, referred to above An independent examination includes a review of the
accounting records kept by the Charty and of the accounting systems employed by the
Chanty and a comparison of the financial statements presented with those records. It also
includes consideration of any unusual rtems or disclosures in the financial statements and
seeking explanatsons from you as trustees conceming such matters. The purpose of the
examination is to establish as far as possible that there have been no breaches of the
Charlties legislation and that the financial statements comply with the SORP. on a test basis,
of evidence relevar¢t to the amounts and disclosures in the financial statements.
The pr(Kedures undertakèn do not provide all the evidence 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 consequenlty 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 bel¢)W.
I planned and pérfomied my ex¥min8tion so as to yatisfy myself that the objectives of the
independent examination are achieved and before finalising the repor( l obtain written
assurances from the trustees of all material matters.
Independent Examiner'8 Statement, report and opinlon
Subject to the limitations upon the scope of my work as detailed above, in connection wth my
examination, I can confirm that this is a report in respect of an examination carried out under
section 145 of the Aet and in accordance with any direcb'ons given by the Commission under
subsectson15llbl of that section which a￿ applicable,

HOURS OF PRAISE
and that, no matter has come to ry attention in connection with my examination which gives
me reasonable cause to believe that in any material ￿Spect the requirements
(il to keep accounts'ng records in accordance with section 130 of the Act,,
{iil to prepare financial stslements which accord with the accounting records and comply with
the accounting ￿quirementS of the Act and.,
liiil that the financial statements be prepared in accordants with the methods and principles
sel out in the Statement of Recommended Practice - AccoL¢nting and Reporting by Charities
have not been met., or to which, in my opinion, attent'on should be drawn in my report in order
to enable a proper un(lerstanding of the accounts to be reached.
Daniel Dele-ojo FCCA
For and on behalf of Timi and Co.
Charte￿d Certified Accountants
Unil One
Kings Estsle
Broadway Parade
Hornchurch
RM12 4RS
The date upon which my opinion is expressed is on 15 October 2024.

HOURS OF PRAISE
Ststsment of Flnanclal AGtlvtties
for the year ended 31 December 2023
Unrestrhct•d R•strlcted Totsl
Last Year
Funds
Fund¥
Funds Totsl Funds
2023
2023
2023
2022
In¢oming resources
Incomlng resources from generatsd funds
Voluntsry Income
20,896
20.898
29.788
Total in¢oming resources
20.896
20,896
29.788
Costs of charitablè activitles
19,446
19.446
28,2(K)
Total resources expended
19.446
19,446
28,2(K)
Net incomlng resources
before transfers between funds
1,450
t,450
1,588
5,079
5,079
18,2231
Net incoming resour¢esllnet outgoing resour¢es} before
Other recognised gains and loss
6,529
6,529
16,6351
Net movement in funds
6,529
6,529
16,6351
Total funds bmught fonvard
350
350
6.985
Total Funds carried forward
6,B79
6,879
350

HOURS OF PRAISE
Balance Sheet
as ot 31 December 2023
2023
2022
rhe assets al￿11*bIlitIeS of Ihe ¢harlty.'
Current assets
Cash al bank and in hand
7,179
650
Amounts due within one year
{3001
{300}
Net ¢4rnt assets
6.879
350
Total assets less current Ilabllltles
6.879
350
Net assets
The fvnds of the ¢harity."
Unw4trl¢tsd Income funds
Unieslricted revenue accumulated funds
6,879
350
Total unrestricted funds
6,879
Tolal charity funds
6,879
350
Agnes Mary 8amidèle
Trustsè
Approved by the board Oft￿￿teeS on 15 October 2024

HOURS OF PRAISE
Notes to the Financial Statem
nts for th
ear ended 31 December 2023
1. ACCOUNTING POLICIES
Accounting conventlon
The finanaal statements have been prepared in accordance with the Finanaal Reporting Standard for Smaller
EnlS1ies IFRSSEI, effectNe April 2tX)8, and all other appli¢abk accot5nting stsndards, as modified by the
Statement of Recommended Pract￿ for A(￿untIng and Reporting issued by the Chartty Commi55ioners for
England & Wales, {rev&%ed June 2Crt)81.
Incoming resources
All incoming resources arè included on the Statement of Finan(xal Activit￿S when tha charity is legalty entitled lo
the income and the amount can be quantffied ￿aSonabl& atxuracy.
ReBour¢os expgnd
Expenditu￿ is accounted for on an 8¢¢ruais b8$is and has been cla55ffied undeT headings that aggregate all cost
related lo ihe category. Where Gosts cannol be directly attributed to particulaf headings they have been allocated
lo activities on a ba￿S consistent with the use of resources.
Taxation
The tharity is exempt from tax on its charIta￿e ￿tIvIties.
Fund accounting
Unreslricled funds can be used in accordance with the charitable objeclves al the discretion of the trustees.
Restricted funds ¢an only be used for parti￿18r restricted purposes wthin the objects of the charity.
Restrictions arise when speofRd by the dor￿1 orwhen fuThJs are raised for pa￿C￿lar restricted pu￿ses.
Further explanation of the natu￿ and purpose of each fvnd is induded in the notes lo the financial statements.
Hire purchase and l•asing commltments
Rentals paid under operating lea8¢$ a￿ charged to the statements of financi818CtNities on a straight line basis
over the period of the lease.
2. TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees. ￿M￿neratI￿ or other benefits for the year erKled 31 December 2023.
Trustee$, Expense¥
Therè were no Iruslees, expenses paid rbtherfor the year ersded 31 December 2023.

HOURS OF PRAISE
sCh￿ule to thg Ststgmont of Flnan¢lal ActivlOes
for the year ended 31 Dwmbor 2023
Status of thi5 sclkedule to the statement of Financial Activities
The schedules on the following page5 are required by the disclosure requiremènts of thè
Sla19rnent of R￿￿rnended practi￿ for Accounting and Reporting ISSU￿ by the Charty
Commissioners for England & Wales. 8ffectwe April 2005 and re*isad in June 2008.
As such, Ihey fomi a part of IhÈ ￿cOunt8 requwed by th8 Chariti88 IAccount5 and Reporbl
Unrestrlcted Restri¢tsd Totsl
Fund5
Funds
Funds
2023
2023
Prlor P•rlod
Totsl Funds
2022
Incomlng Rg$ourcg$
Voluntary Incorn
Donations
Total
Total t)onatlon8 R￿e1ve￿
20,898
20,896
20,896
20,896
20,896
20,896
29,788
29,788
29,788
Total Voluntary Income
20096
20,896
29,788
Total Incomlng R￿)ur¢0$
20.896
20,898
29.788
Charltabl8 oxpondlturo
Supportcosts ofohatknble a¢Uvftles
Directsupport costs
Marketing of servi￿$
521
521
716
621
521
716
ManageMentantVadmlnls￿t1On costs
in supportof Charitable activities
Slaff c05tsin support of ¢h•ntable actrvili
Training and weffare
376
376
376
512
378
612
Indirect 8mployee costs
Travel and $ubsistence
379
379
Premlses Costs
R8tes, water and seTr1￿ charge5
Ckanlng
360
297
662
297
328
t3ener•l•dmlnlslr•trvo axpenses."
Telephone and fax
Postage
Sta*onery and printing
Subsoiptions
Equipmen¢ expenses
Software
785
197
274
91
995
153
153
76
712
712
636
1,002
2.750
6,094
Everts
3.879
3,879

HOURS OF PRAISE
SCh￿ule to the Statsmgnt of Financial Activiti08
for the year ended 31 Decgmbgr 2023
Statug of th18 8eh•dulo to tho Statom•nt of Financial Activitie¥
The scheduLe5 on th8 following page5 are requifEd by the disdosure requirements of the
statement of Recommended Practice for Accounting and Reportir@ IS5usd by the Charity
Commissionèrs for England & Walèg. èffadiva April 2￿5 and re￿sed in Jung 21M)8.
As such, they fomi a part of the accounts required by the Charrties (A¢￿Unts and Reportsl
Unr88tricted Restricted Totsl
Fund$
Funds
Fund8
2023
2023
2023
Prfor ￿rIOd
Totsl Fund$
2022
Profos5ional foe5 in 5UPPOrtof ch¥rit¥blo•¢1ivib•s
Accountancy fees other than eXamine￿I8ud1tors
Artist Paymenl
ConsullanGy fee5
300
3,342
10,062
13,704
3,342
lo,￿2
13,704
4,160
15,351
19,811
Total Support Costs
19.446
19,446
28.200
10