## Hope Street Wrexham
Report and Accounts Year ended 31 December 2021
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
## **HOPE STREET WREXHAM**
## **LEGAL AND ADMINISTRATIVE DETAILS**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
ADDRESS FOR CORRESPONDENCE St Asaph Diocesan Office High Street St Asaph LL17 0RD GOVERNING DOCUMENT CIO registered February 2020, amended July 2020 CHARITY REGISTRATION NUMBER 1187815 TRUSTEES RESPONSIBLE FOR Robin Elsdon-Dew MANAGING THE CHARITY Paul Freeland (appointed July 2021) Andrew Kitchen Rachel Kitchen Sarah Jackson John Lomas (resigned November 2021) Diane McCarthy BANKERS Barclays Bank UK PLC Reliance Bank Limited INDEPENDENT EXAMINER Jaimée Young Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
## **INDEX**
Page 1 Legal and Administrative Details Pages 2-6 Trustees' Report Page 7 Independent Examiner's Report Page 8 Receipts and Payments Account Page 9 Statement of Assets & Liabilities Pages 10-11 Notes to the Accounts
Page 1
## **Hope Street, Wrexham**
## **Trustees annual report for the period ending 31 December 2021**
The Board of Trustees present their annual reports for Hope Street Wrexham for the period ending 31 December 2021.
## **Structure, Governance and Management**
## Governing Documents
The organisation is a Charitable Incorporated Organisation, registered with the Charity Commission on 7th February 2020. Hope Street Wrexham was established under a constitution document, constituted on 20th December 2019 and as amended on 7th July 2020.
## Structure
The members of the CIO are charity trustees for the purpose of charity law. The Board of Trustees is responsible for the governance and management of the church. The responsibility for leadership of the church’s activities, development of its spiritual life and its daily management has been delegated to the Senior Leaders who are supported in that role by the staff team including clergy. The Board of Trustees retains final decisions over policy, employment of staff and finance, and takes responsibility for all matters of legal and regulatory compliance.
Trustees give their time voluntarily and receive no financial benefit from the charity. Trustees are appointed by trustee members and can be appointed by ordinary resolution at a general meeting of members.
## **Decision Making**
Financial and strategic decisions over £10,000 are taken by the entire Board of Trustees. The organisational implementation of the strategy is carried out by senior leadership. The Revd Andrew Kitchen and Rachel Kitchen fulfil the key day to day senior management role. The salary of the key management role is paid by the Diocese in accordance with the agreed salary structure of ordained personnel in the Church in Wales.
## **Training**
All staff, volunteers and trustees undergo a formal recruitment and selection process, followed by an induction period that includes any training considered necessary to effectively perform their role. Senior Leadership of the church consists of clergy, whose pay is set via stipend, the level of which is set by the Diocese.
## **Volunteers**
The church benefits from the dedicated work of a great number of volunteers. The economic contribution of general volunteers is not recognised in the accounts.
## **Objectives and Activities**
Hope Street Wrexham, acting under the name of Hope Street Church, is an Anglican church, led by Revd Andrew Kitchen and Revd Rachel Kitchen, who have been commissioned by the Bishop of St Asaph to plant a resource church in Wrexham.
2
Our objectives are set out in our governing document, the Constitution, which was agreed by the Board of Trustees in December 2019 and amended in July 2020.
## Our objectives:
The charity’s objectives are the advancement of the Christian religion principally:
- through the provision of an Anglican place of worship in the Anglican Diocese of St Asaph, and
- by contributing towards the establishment, renewal and revitalisation of churches in the Diocese and within the wider Anglican communion.
The Board of Trustees is committed to the vision of the church to play our part in the reevangelisation of the nation, the revitalisation of the church and the transformation of society by being ‘a people of hope, following Jesus, giving ourselves away to see Wrexham renewed.’ In accordance with the vision statement, the church aims to meet its objectives through the provision of church services, courses and planting churches. Given the diversity of the church’s activities, performance is measured on a case-by-case basis.
## **Public Benefit**
In accordance with our duties as stated in section 17(5) of the Charities Act, we have considered the guidance provided by the Charity Commission regarding public benefit. This public benefit has been demonstrated by the activities undertaken since inception of the charity outlined in this document.
## **Achievements and Performance**
Since the charity was formed all decisions made and the structure put in place will help us deliver our vision as stated above.
2021 represents the first full year of activity of the church, albeit that its activities were significantly hampered by restrictions in gathering as a result of the COVID-19 pandemic.
The building work to refurbish the charity’s premises at 1 Hope Street achieved practical completion in March 2021, allowing it to be used as an office base for on-site staff and a venue for acts of worship, insofar as government guidance allowed. As restrictions continued to ease, financial gifts from within the congregation enabled the completion of the ground floor cafe space in time for September 2021 and its use on Sundays and during the week. Many activities continued in a hybrid format.
Highlights of this reporting period include:
Civic opening of the building - In November Hope Street hosted a Civic event for local and national dignitaries and community leaders, to celebrate the opening of the Hope Street building.
Bridge the Gap Wrexham - partnering with Bridge the Gap, a national charity by the same name, a team from Hope Street began a weekly football project, seeking to bridge the gap between young men and church, and build community through football. Over 50 men from a variety of backgrounds, including those seeking asylum, builders, students, and
3
police/border force regularly connect with this project. A team represented Wrexham in the national Bridge the Gap tournament in Slough.
Tables - these midweek groups, taking place initially on Zoom but moving to in-person later in 2021 have been a place of belonging and community. Initially 6 groups were started.
Alpha Online - Alpha is an 11 week course designed to help people ask the big questions of life, faith and meaning. An Online Alpha ran in the Spring and summer terms, with an inperson Alpha running in October from the building. Though Alpha the church has engaged with scores of people exploring faith and meaning for the first time.
Hangouts - these events have been key to the church connecting with new people. A number of events have been organised over the year including beach trips, a sports day, litter picks, a DIY day at the building, a cinema night and a hugely successful Bonfire night at a local farm attended by over 150 people.
## Children and young people
The development of kids’ groups on a Sunday took place in 2021, with children being able to begin to socialise with other children following the Covid restrictions. Bouncing Beans, a group for parents and tots launched, initially online on a Wednesday morning, moving to parks in the summer and then into the ground floor of the Hope Street building in September 2021. Once based on the ground floor of the building, this has quickly grown to connecting with well over 20 families.
College Cafe - in partnership with the Chaplaincy at Coleg Cambria Hope Street launched this initiative, opening the building on a Thursday lunchtime as a place for students at the Yale Campus to come and congregate over table tennis, and Nintendo Switch and build relationships with the youth and student team.
Focus at Home - around 65 gathered at Knolton Bryn Farm for a weekend of building community, worship and teaching. In this setting the church was able to sing together for the first time.
Love Christmas - Over the Christmas period over 500 ‘bags of kindness’ were delivered to those alone or struggling at Christmas, including 71 to families connected to Refugee Kindness, 50 to patients at the Psychiatric unit at Maelor Hospital who were spending Christmas there, 20 to students unable to return home for Christmas, 30 to families connected with the youth project at Caia Park and 90 to those vulnerably housed through CAIS contacts.
Recruiting Cafe Founders. Key to the vision of the Hope Street Building is a cafe that will act as a front door to the church. Cafe founders were appointed at the end of 2021, who will develop a business plan to open ‘Tabernacl’, a specialty coffee shop in April 2022. Tabernacl opened as planned on 26[th] April 2022
Hope Street services. This year we have continued to stream Sunday services online services, reaching many in rural areas as well as those who would usually come in person. As restrictions have eased and the building completed, services have also been run in-
4
person, with Sunday attendance at our weekly morning service growing to an average of 80 adults and 19 children by December 2021. Key milestones included:
- “Launch Sunday” - our public facing launch as a church took place online and has been viewed over 1,000 times. This started weekly online Sunday services.
- Easter Sunday - first in-person worship gathering at the new home.
## **Volunteers**
Intrinsic to the realisation of the vision of Hope Street is the mobilising of the congregation in volunteering activities. Whilst this has again been more challenging with Covid related restrictions in place the numbers of people volunteering have grown significantly in 2021. This includes Sunday services, worship, kids and youth teams, as well as midweek courses, groups and social action activities.
## **Key Risks and Uncertainties**
The key risks and uncertainties that the trustees foresee at this stage are the implications of the growing cost of living crisis and energy costs. With the project having been awarded significant grant funding in 2019 the real value of this funding will also be impacted by rising inflation. The retention and recruitment of key staff that have experience of the ethos of a resourcing church and recruiting for the outstanding roles continues to be a challenge. However, despite a number of key staff moving on in late 2021, recruitment of key staff, including cafe founders and an administrator, supplemented by increasing volunteering, has prevented this impacting significantly upon the project. Nevertheless, continued recruitment of talented clergy will be required in order to deliver on the vision of resourcing church planting.
## **Financial Review**
Hope Street Wrexham was incorporated in December 2019 however its banking account became active on 11 July 2020 with all payments and receipts for the church commencing from that date.
At the year end, the total income of the Charity had decreased by £12,500 to £160,400 of which £25,300 was restricted. The principal funding sources of the charity were the grants totalling £114,100 [2020: £151,800].
Expenditure increased by £120,100, to £175,100 and as a result, the cash held by the charity decreased by £14,700, to £103,200, of which £40,800 is unrestricted and can be used for any charitable purpose.
## **Financial viability**
Please note the above risks and uncertainties. The trustees are confident that with the guaranteed income stream from the EF grants and ongoing support of the congregation, and appropriate management of expenditure, the church is a going concern and will continue to be financially viable. The budgets for 2023 will be prepared in line with the financial considerations circumstances at the end of 2022 and trustees are confident
they will be able to prepare a balanced budget given the continued support of the congregation and EF funding.
5
## **Reserves Policy**
The Board of Trustees are aware of the need to maintain sufficient reserves. Once fully established it is expected that £40,000, representing three months of relevant costs, will be held in reserve. Free reserves at the end of 2021 totalled £40,800.
## **Safeguarding**
The Board of Trustees have adopted the Diocese of St Asaph’s safeguarding policy relating to children, young people and vulnerable adults. With Rev Luke Bristowe the current Safeguarding Officer moving on from his current role, Ms Sara Edwards has been appointed safeguarding officer. The safeguarding officer and all relevant staff have completed the necessary diocese training in safeguarding young people and vulnerable adults.
## **The Board of Trustees responsibilities in relation to the Financial Statements**
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
This report was approved by the trustees and signed on their behalf by:
## Rev’d Andrew Kitchen
Date: 20 October 2022
6
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF**
## **HOPE STREET WREXHAM**
I report to the trustees on my examination of the accounts of Hope Street Wrexham ('the charity') for the year ended 31 December 2021 on pages 8 to 11 following.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 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 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material 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 accordance with section 130 of the 2011 Act; or
2. the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Jaimée Young
Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: 21 October 2022
Page 7
## **HOPE STREET WREXHAM**
## **RECEIPTS AND PAYMENTS ACCOUNT**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
|Notes
**_Income receipts_**
Donations
Gift aid receipts
Other grants
Income from courses and events
Income from letting of facilities
**_Total receipts_**
**_Payments_**
2
3
**_Total payments_**
Transfers between funds
5
**Net movement in funds**
Cash funds as at last year end
**Cash funds at this year end**
A
Net
of
receipts
/
(payments)
before
transfers
Grants
paid
in
relation
to
charitable
activities undertaken by others
Payments
in
relation
to
charitable
activities undertaken directly||General
Designated
Funds
Funds
£
£
16,663
5,360
2,172
-
-
104,082
6,562
-
-
300
25,398
109,742
-
148,735
-
2,698
-
151,433
25,398
(41,691)
(1,439)
1,439
23,959
(40,252)
4,422
52,678
28,381
12,426
Unrestricted Funds|Restricted
Funds
£
15,292
-
10,000
-
-
25,292
23,568
87
23,655
1,637
-
1,637
60,773
62,409|Total
2021
£
37,316
2,172
114,082
6,562
300
160,432
172,303
2,785
175,088
(14,656)
-
(14,656)
117,873
103,217|Total
2020
£|
|---|---|---|---|---|---|
|||General
Funds
£
16,663
2,172
-
6,562
-
25,398
-
-
-
25,398
(1,439)
23,959
4,422
28,381||||
||||||18,059
3,043
151,786
-
-|
||||||172,888|
||||||54,674
340|
||||||55,015|
||||||117,873
-|
||||||117,873
-|
||||||117,873|
The notes on pages 10-11 form part of these accounts.
Page 8
## **HOPE STREET WREXHAM**
## **STATEMENT OF ASSETS AND LIABILITIES**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
|**A**
**Cash funds**
Cash at bank with immediate access
Petty cash
**B**
**Other monetary assets**
Gift aid due to charity
Other debtors
**C**
**Liabilities**
**Falling due within one year:**
Trade creditors
Fee for Independent Examination
**D**
**Assets retained for charity's own use**
Contents and equipment|General
Designated
funds
funds
£
£
28,331
12,426
50
-
**28,381**
**12,426**
2,634
-
2,373
-
**5,007**
**-**
7,955
-
2,172
-
**10,127**
**-**
Unrestricted Funds|Restricted
funds
£
62,409
-
**62,409**
-
-
**-**
-
-
**-**|Total
2021
£
103,167
50
**103,217**
2,634
2,373
**5,007**
7,955
2,172
**10,127**
Value
2021
£
120,749
**120,749**|Total
2020
£|
|---|---|---|---|---|
|||||117,873
-|
|||||**117,873**|
|||||-
-|
|||||**-**|
|||||-
1,020|
|||||**1,020**|
|||||Value
2020
£|
|||||13,073|
|||||**13,073**|
The trustees have used insurance values as the trustees are unable to reliably estimate current values; insurance values may differ materially from current values.
The church building is owned by the Diocese and leased by the charity which £5 per year rent. The period of the lease is 40 years from March 2021.
## **E Guarantees and secured debts**
The charity has not given any guarantees and has not provided its assets as security for any liabilities.
The accounts were approved by the trustees and signed on their behalf
by date Andrew Kitchen 20 October 2022
The notes on pages 10-11 form part of these accounts.
Page 9
## **HOPE STREET WREXHAM**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
## **1 Accounting policies**
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
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. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
|**2**
**Payments in relation to charitable activities undertaken directly**
Employment
Staff expenses and training
Technology and equipment
Hope Street café
Repairs and maintenance
Utilities
Ministry, services and outreach
Insurance
Governance and professional fees
Administration and support
Other costs
**3**
**Grants and gifts paid to others**
Organisations < £1,000
Individuals||Unrestrict|Designated
funds
£
65,066
5,332
31,232
3,309
2,490
8,499
25,642
737
92
3,581
2,754
148,735
2,565
133
2,698
ed Funds|Restricted
Funds
£
-
-
19,418
-
-
-
4,149
-
-
-
0
23,568
87
-
87|Total
2021
£
65,066
5,332
50,651
3,309
2,490
8,499
29,791
737
92
3,581
2,755
172,303
2,652
133
2,785|Total
2020
£|
|---|---|---|---|---|---|---|
|||General
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|||||
|||||||28,131
2,045
11,236
1,644
307
-
7,562
120
942
2,647
40|
|||||||54,674|
|||||||-
340|
|||||||340|
## **4 Transactions with related parties**
The trustees Andrew and Rachel Kitchen (who are clergy members) receive a stipend from the Diocese so the cost of these stipends is not included in the above employment cost.
No other payments were made to trustees or persons related to them, except for reimbursement of expenses paid out on behalf of the charity.
Page 10
## **HOPE STREET WREXHAM**
## **NOTES TO THE ACCOUNTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
|**5**
**Movement of funds**
General funds
Designated funds
Furniture and fittings
EF operational
Restricted funds
CRT grant
Dasu Carols
Alpha
Building fund
Building refurbishment
Love Christmas
Open Doors
Tin Can & Tearfund
COP26 Tearfund
Total funds|Opening
balance
£
4,422
19,585
33,093
57,101
46,298
99
1,750
-
12,626
-
-
-
-
60,773
117,873|Receipts
£
25,398
-
109,742
135,140
-
87
-
10,000
11,021
3,502
138
528
16
25,292
160,432|Payments
£
-
(7,159)
(144,274)
(151,433)
(4,350)
(88)
(647)
(9,009)
(6,059)
(3,502)
-
-
-
(23,655)
(175,088)|Transfers
£
(1,439)
-
1,439
-
-
-
-
-
-
-
-
-
-
-
-|Closing
balance
£|
|---|---|---|---|---|---|
||||||28,381
12,426
-|
||||||40,807|
||||||41,948
98
1,103
991
17,588
-
138
528
16|
||||||62,409|
|||||||
||||||103,217|
The Furniture and fittings designated fund relates to funds that have been set aside for the purchase of office furniture, chairs, cafe furniture and decor. The EF operational fund relates to all of the day to day costs of running the charity, including staff costs, consumables and any event costs. The grant from the Church Revitalisation Trust [CRT] is to be used for the set up and operational costs of the church. The Dasu Carols fund is to be donated to DASU (Domestic Abuse Safety Unit), a local charity. The Alpha fund is to be spent on marketing, mostly through Facebook/Instagram advertisement, for Alpha courses run throughout the year. The Building refurbishment fund is used for any additional building work to be completed. The Love Christmas fund is used to put together give-away boxes of hope to people in the local community struggling at Christmas. The Open Doors fund is to raise funds for the Open Doors charity [CC reg. 1125684] Funds raised for Tin Can & Tearfund will be donated 50/50 to the Tin Can Youth Centre Wrexham and Tearfund [CC reg. 265464] COP26 Tearfund relates to funds raised for the Tearfund COP26 appeal.
Page 11