Hope and Anchor Community Church
Charity Registration No.1190743
Trustees' report and financial statements
For the year ended 30 September 2022
(A charitable incorporated organisation)
pg. 1
Hope and Anchor Community Church
| Page | |||
|---|---|---|---|
| Report | of the Trustees | 1- 5 | |
| i. | objectives and activities | ||
| ii. | achievements | and | |
| performance | |||
| iii. | financial review | ||
| iv. | Structure governance and | ||
| management | |||
| v. | reference and administrative | ||
| details | |||
| Statement from Independent Examiner | 6 | ||
| Statement of Financial Activities | 7 | ||
| Statement of Financial Position | 8 | ||
| Notes | forming part of the Financial Statements | 9 -11 |
pg. 2
Hope and Anchor Community Church
Trustees' report and financial statements For the year ended 30 September 2022
The trustees present their annual report and financial statements for the year ended 30 September 2021.
Summary
The trustees are pleased to report a successful year for Hope and Anchor Community Church. The highlights for the year were as follows:
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We were pleased to have forty-three (43) full-time volunteers working with us. And we have more part time volunteers. Hope and Anchor Community Church is entirely dependent upon the services of unpaid volunteers for which we are greatly indebted, and we thank them for their commitment and support.
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We had over one hundred participants attending the services of Hope and Anchor Community Church this year, and in addition we had even more viewing our online services. Additionally, we had many people coming to Think Coffee & Ink, for different social activities, small groups, and other free community events.
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We have helped people in our local community by serving tea and coffee for those in need, and by inviting people in general to church services and to our free community activities.
Aims and Purpose of the charity.
Our main aim is the advancement of the Evangelical Christian Faith in London, England, and elsewhere in the United Kingdom, or abroad as laid out in the Memorandum and Articles of Association of the charity.
Objectives and Activities
The objectives and activities of Hope and Anchor Community Church are as follows: We desire to advance the Christian faith in all that we do, but those who benefit from our activities do not need to be Christians - or for that matter be of any particular race, creed, colour or demographic. We serve anyone that would benefit.
The organisation carries out its purposes to advance the Christian religion through: We partner with groups, such as every main church denomination, local councils, local charities, social action groups, and other Christian movements and organisations. Our heart is to serve our community, by looking for the needs that we can address and bringing people together. We have been involved in all kinds of activities, such as pioneering local works, as well as organising regular trips and outreaches to partners abroad. All of these activities are designed to promote the Objects of our charity. We have been involved in many kinds of outreach and social action projects such as Food Banks, Cafe/Food Drop-ins, Street Ministry, Community Projects/Centres (such as skills workshops, art or education classes, arts exhibitions/live performances, etc.) and work with the Homeless, vulnerable in the
community and refugees. In addition, we have been involved in pioneering social projects and other activities that seek to work with the needs of our local communities. This is achieved by developing relationships and partnerships with local authorities and other local people and
pg. 1
Hope and Anchor Community Church
Trustees' report and financial statements (continued) For the year ended 30 September 2022
businesses. This is a fundamental part of our work, and something in which we involve those who train with us. We will continue to work with existing projects and seek new ways to encourage those who benefit from these activities.
Evangelism is everything we do is motivated and expressed through our commitment to the Christian Faith. We are motivated by love and are working to express that love. Those that we serve do not need to be Christians to benefit. The organisation is committed to regular street evangelism, to meet the emotional and spiritual needs of people. In addition, the
organisation hosts a weekly church service open to anyone to attend, as well as regular prayer, small groups, and bible studies.
It is intended that the objectives and activities will be achieved as follows:
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Having weekly church services, regular prayer small groups, bible studies, weekly evangelism times, and other Christian activities
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Inviting people to local church services at Hope and Anchor Community Church in Camden, a local church planted by the charity, in order to bring community and faith values to local families and individuals
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Hosting social activities at the locations (including Think Coffee & Ink) in order to create friendships with local people, thus creating a sense of community and enjoyment
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Offering services such as free haircuts, free coffees, teas and food at the charity cafe and drop-in location in Camden (Think Coffee & Ink), as well as reconstructive tattoos free for those who have need. The tattoo artists who provide these services are suitably qualified to do so. They are charity volunteers who are licensed tattoo artists. They have a certificate of competence. These reconstructive tattoos are provided in circumstances of scarring because of accidents or surgeries due to cancer or other tramas.
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Offering free tea, coffee, and conversation on the streets of London
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Helping to meet practical needs, provide support and community to people in the community who are struggling with homelessness, poverty, addiction, and loneliness.
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Providing opportunities for people to learn more about Christianity and its tenets for living
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Providing short-term (less than 3 weeks) training and mission opportunities and by equipping people for missional ministry through personal experience and hands-on training.
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Supporting communities: identifying missional needs in London and surrounding communities, and to strategically invest individuals, teams, and resources into those situations to help meet those needs.
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Offering free choir practice and performances throughout the year
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Supporting Overseas Work: to form, support, and partner with missional communities, create projects and institutions to address areas of social need in other nations for the advancement of the evangelical Christian faith worldwide.
pg. 2
Hope and Anchor Community Church
Trustees' report and financial statements (continued) For the year ended 30 September 2022
The trustees confirm that the Charity has complied with its duty under section 4 of the 2011 Charities Act and has had due regard to the guidance contained in the Charity Commission general guidance on public benefit when reviewing the Charity objectives and activities. The trustees have considered how planned activities will contribute to the aims and objectives that have been set.
Achievements and Performance
We hold church services at our local church, Hope and Anchor Community Church, which is open to the public each week in London’s Borough of Camden. At least four times per week we go out into the community to invite local people to come and share time with us to be a part of our services and local free activities. We have had over 100 people coming to the church in person. We ran four local connect groups during the year where people came to share and fellowship together. In addition, four times each weekend we spend time in the community, giving out food and tea and coffee and sharing with people in the community.
We did a big local initiative during Easter week to engage with the community and give them a space to learn more about the meaning of Easter and celebrate this event together. We had drums, stilts, face painting, chalk, Camden town community choir performances and free teas and coffees. As well as during Christmas we filled up 300 food bags to give out to the council housing around our church to provide needed resources to the community.
Cafe ministry : We have a cafe, to create a space in the local community where people can gather and have a social network. The space also hosts workshops, church services, training services, small groups, and similar activities of benefit to the community. Haircuts for the homeless and reconstructive tattoos for those who have had surgeries or other traumas are offered as well.
This year we continued with an initiative called Hope Community Support, that supports people in their emotional and mental health. Through this initiative we were able to offer workbooks for people to process their thoughts and emotions, in addition to offering other support to people. Another local initiative we have is We love Camden. This year we’ve been connecting with the homeless and people on the streets through handing out food and warm beverages. We aim to work together with other people, businesses, and organizations, to help and love those on the streets in Camden and eventually even support and elevate local business and art within the community. As part of this initiative, we ran a local festival in the summer for the community, with activities for kids, live performances, local businesses offering goods, and other enjoyable opportunities for the community. We had about 150 people stop by throughout the day to take part in the free festival.
pg. 3
Hope and Anchor Community Church
Trustees' report and financial statements (continued) For the year ended 30 September 2022
As a church we also ran an Alpha Course for the community, which is a free course for individuals looking to know more about the Christian faith.
We hosted one mission event this year, the Arise Bones Missions Camp, each summer. It is a chance for attendees to learn more about doing urban missions and take part in evangelism and
i. Financial Review
The income for the year was £142,456 (£96,737:2021) and expenditure £132,313 (£52,391:2021).
Plans envisaged:
The charity aims to create and expand in the areas of offering even more arts workshops to the community, and to offer work opportunities to people in need in the community.
ii. Structure, Governance, and Management
The charity was created on 6 August 2020. Its foundation model constitution sets out its objects and powers and it is governed by its Constitution. The governing body of the Charity is the Board of Trustees.
Recruitment, appointment, and ongoing training of trustees
As the Charity is of a very relational nature, new trustees will be recruited through the extensive network of the current trustees and the leadership in the charity to meet the needs of the charity in different fields of expertise. The trustees may appoint any member to become a trustee provided the prescribed maximum is not exceeded. Any trustee appointed in this way is required to retire and be formally elected at the next annual general meeting. They would be eligible for re-election by the members.
Governance
The Board of Trustees are responsible for the property and financial monitoring and approving the strategy and vision of the Charity and ensuring the strategy is being implemented. It delegates the main day-to-day decisions to the Executive leaders.
Statement of Trustees' responsibilities
The trustees are required to prepare financial statements for each financial year, which give a true and fair view of the situation of the organisation and its incoming resources and application of those resources, including organisation the net income or expenditure for the year. In preparing those financial statements, the trustees are required to:
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Select suitable accounting policies and then apply them consistently.
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make judgments and estimates that are reasonable and prudent.
pg. 4
Hope and Anchor Community Church
Trustees' report and financial statements (continued) For the year ended 30 September 2022
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on a going-concern basis unless it is inappropriate to presume that the charitable company will continue to operate.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006 and the Statement of Recommended Practice (SORP 2015) applicable to charities preparing their accounts in accordance with Financial Reporting Statement FRS102 issued on 16 July 2014 and published in September 2015. They are also responsible for safeguarding the assets of the charitable company and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Volunteers
Volunteers are engaged in all aspects of the Charity's activities including senior management and training roles. Volunteers receive support from their own sponsors and/or other supporters or may have other sources of income including income from self-employment activities.
Reference and Administration
Charity registration no. 1190743 Registered office: 39 Camden High St, London, NW1 7JH
Charity Trustees: Johanna Liste Courtney Mills Carrie Parente Secretary: Jorien de Vries
Treasurer: Gabriella Leutzinger
pg. 5
Hope and Anchor Community Church
Report of the Independent Examiner to the Trustees For the year ended 30 September 2022
We report on the accounts of the Charity for the year to 30 September 2022, which are set out on pages 8 to 12.
Respective responsibilities of trustees and examiner
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. The charity's trustees consider that an audit is not required for this year under section 145(5)(b) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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to state whether matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. Consequently, no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention, which gives me reasonable cause to believe that in any material respect the requirements:
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to keep accounting records in accordance with section 396 of the 2011 Act; and
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to prepare accounts which accord with the accounting records in accordance with the SORP (FRS102); or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Denise Isaacs FCCA Asaph Solutions Limited 18 Belmont Road Chesham Bucks HP5 2EL
pg. 6
Hope and Anchor Community Church
Statement of Financial Activities For the year ended 30 September 2022
| 2022 | 2021 | ||
|---|---|---|---|
| Note | |||
| £ | £ | ||
| Incoming resources: | |||
| Incoming resources from generated | activities: | ||
| Voluntary income | 28,172 | 91,584 | |
| Other income | 114,284 | 5,153 | |
| _ | _ | ||
| TOTAL INCOMING RESOURCES | 142,456 | 96,737 | |
| ====== | ====== | ||
| Resources expended: | 3 | ||
| Charitable activities | 131,413 | 51,623 | |
| Governance costs | 900 | 800 | |
| _ | _ | ||
| TOTAL RESOURCES EXPENDED | 132,313 | 52,423 | |
| ====== | ====== | ||
| Net incoming/ (outgoing) resources | 10,143 | 44,314 | |
| for the year | |||
| Funds brought forward | 44,314 | - | |
| _ | _ | ||
| FUNDS CARRIED FORWARD | 54,457 | 44,314 | |
| ====== | ====== |
pg. 7
Hope and Anchor Community Church
Balance Sheet As at 30 September, 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixed Assets | |||||
| Tangible fixed assets | 6 | - | - | ||
| Current Assets | |||||
| Debtors | - | 191 | |||
| Cash at bank and in hand | 56,605 | 45,965 | |||
| _ | _ | ||||
| 56,605 | 46,156 | ||||
| Creditors: Amounts falling | |||||
| due within one year: | 7 | ||||
| Accruals | 900 | 800 | |||
| Other creditors | 1,248 | 1,042 | |||
| _ | _ | ||||
| Net Current Assets | 2,148 | 54,457 | 1,842 | 44,314 | |
| Creditors: Amounts falling | |||||
| due after one year | - | - | |||
| _ | _ | ||||
| 54,457 | 44,314 | ||||
| ====== | ====== | ||||
| Reserves: | |||||
| General funds | 44,314 | - | |||
| Gains/(loss) for the year | 10,143 | 44,314 | |||
| _ | _ | ||||
| 54,457 | 44,314 | ||||
| ====== | ====== |
Approved by the Board of Trustees on date ………………and signed on its behalf by:
Chairman …………………
Treasurer ………………...
pg. 8
Hope and Anchor Community Church
Notes to the Financial Statements For the year ended 30 September 2022
1. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared under the historical cost convention, the Charities Act 2011, the Statement of Recommended Practice (SORP) and Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014.
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.
Donations and other income are included in the Statement of Financial Activities (SOFA) when received. Other donations receivable is included when the charity becomes entitled to the funds, when the Trustees are reasonably certain that they will receive it and the value can be measured reliably. Voluntary income received by way of donations and gifts (nonexchange transactions) is included in full in the Statement of Financial Activities (SOFA) when receivable and the SORP criteria has been met i.e. there is entitlement; its monetary value can be measured reliably and there is sufficient certainly of receipt. The value of services provided by volunteers, in the absence of a reliable measurement basis, has not been included.
Fee income relating to a contract for goods and services is recognised in full in the Statement of Financial Activities in the year in which there is entitlement, and it is receivable. Incoming resources from the sale of books, tapes and videos is included when receivable. Income from investments is included when receivable. Gifts in kind are recognised as income on receipt of the goods or services and are valued at their fair value unless it is impractical to measure this reliably. If it is impractical to measure the value of goods donated for resale they will be recognized as income when they are sold. Legacy income is regarded as receivable when the Charity is legally entitled to it, it's receipt is probable, and the amount can be measured with sufficient reliability.
Expenditure
Charitable activities include expenditure associated with the charitable activities of the charity and include both the direct costs and support costs, including governance costs, relating to these activities. Governance costs are included in support costs, and are those costs incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements.
pg. 9
Hope and Anchor Community Church
Notes to the Accounts (Continued) For the year ended 30 September 2022
| 2. 3. |
INCOMING RESOURCES CHARITABLE ACTIVITIES Church income Church and Community Development Church Savings Internship Think Alcohol Coffee Cold Drinks Hair Retail Savoury Surcharges Sweet Miscellaneous Sales Breakfast Lunch Dinner NET OUTGOING RESOURCES Church expenses H & A Tithes Church and Community Development Internship expended Think: Rent and Rates Think: Supplies Think: Materials Think: Kitchen Think: Hair Think: Wifi Think: Tithes Think: Coffee Think: Other expenses Think: Square discounts given Think: Square fees Square miscellaneous expenses Other Miscellaneous expenses |
2022 2021 £ £ 28,172 23,564 838 327 - 27,998 3,718 4,083 7,830 12,209 2,119 385 34,091 10,949 6,127 1,903 18,039 5,353 907 124 8,932 3,528 43 10 5,630 1,152 16,376 5,153 3,851 - 3,767 - 2,017 - |
|---|---|---|
| 142,457 96,738 |
||
| 2,170 10,278 19,532 150 708 1,124 3,718 4,029 47,203 19,823 13,230 6,401 4,085 1,214 11,050 2,640 10,849 3,036 1,080 243 6,000 1,650 7,227 - 778 - 1,929 499 1,530 410 21 5 303 122 |
||
| 131,413 51,624 |
pg. 10
Hope and Anchor Community Church
Notes to the Accounts (Continued) For the year ended 30 September 2022
| 4. | GOVERNANCE COSTS | £ | £ | |
|---|---|---|---|---|
| Accountancy fees | 900 | 800 | ||
| ______ | _ | |||
| 900 | 800 | |||
| ====== | ====== |
5 . TAXATION
The church is a registered charity and as such no taxation has been provided for in these accounts.
| 6. | CREDITORS: Amounts falling due | ||
|---|---|---|---|
| within one year | |||
| £ | |||
| Accrued expenses | 900 | 800 | |
| Other creditors | 1,248 | - | |
| _ | ______ | ||
| 2,148 | 800 | ||
| ====== | ====== |
pg. 11