HOPE CITY CHURCH Financial Statements for the Year ended 31 December 2024 Charlty Number 1191850 Hope City Churth INDEX for the year ended 31 Detember 2024 Page I Charlty Inform*tion PAge2to4 TruBtee8 Report Pvdge 5 Independent Eunthier'l Report Page 6 Statement of Flngnelal Aetfvltle4 Page 7 BAIAnee Sheet Pages 8 -10 iyotes to a¢counts Hope City Church cHAR￿y ThFORMAThON TrngteeJlDlre¢torg Michael N¢cds Susan Brookes GrAlwn Phillips Belinda Maddox Keri Grant Darren Banks Charlty Number 1191850 Reglxtered Offiee 16 Woodcote Road Wolverhampton West Midland5 WV6 8LP Ind¢pendent Examlntr Colin Dalton FCA 794 Hi8h Stre¢L, Kingswinford West Midlands. DY6 8BQ Bankers Unity Tn￿t Bank Willenhall WVI 9DG Hope City Church Trustees, Report for the year ended 31 December 2024 GoverniDg Doeument The organisation 1$ a charitable incorporated tr￿st registsred in autunm 2020. Trn*teeJ The trustees as named on pa8e I have seryed throughout the period, except thos¢ who have be¢n appointed or ceased to act as trustces during the current year. as indicated. New Trustees are ¢hosen by invitation in order that the Trust may have representation from a wide range of experience from within the IM)dy of the fellowship. We match our skill requirem¢nts with knowled8e and experience and where there are gaps w¢ off¢r appropriat¢ training. Truite¢ Inductlon and TrAinlDg There are no specific policies and procedures for inductionltraining of trustees. How¢ver, they are inducted according to individual requirements. A copy of th¢ Trust Deed is supplied. along with the Trust policies and procedures and rA)pies of recent ly)ard meeting minutes and accounts. tndividual Trustees roleslresFM)nsibilities are negotiated with all the trustees so that their roles complement each other. ObJ¢ctlvvJ and Aetivltl l. The advancement of the Christian faith in accordance with the statement of faith prirnarily> but not exclusively within Wolverhampton and the surrounding area 2 Such oth¢r Charitable purp)scs which put inio prdetice the Christian faith including the p￿ventiOn and relief of nee(L hardship and sickness. The advancement of education and community aetivities. All in a manner coAsi3tent with the doctrinal distinctives and ethi¢al statem¢Dts adopt￿ by the church Throughout the year the trustees have PAid due regard to the Charities conllni3sion'$ guidance on Public Benefit and. in wtieular. the specific guidance pK)vided to charities for the advancement of religion. Achlevements aDd Perforni•n¢e Since its openin8 in autumn of 2020 the church has met weekly and continues to in numbers. A leadership t¢am has been s£t up to de￿ with the spirAtual runni[￿ aod direction of the ministy. The ¢hurth mttts ¢v¢ry Sunday morning at the University of Wolverhampton Science Park. Midweek fellowship meetiD8S have been establishe The church Iw been able to fill￿ a full- time minister. A group from the church undertake evangelism in Wolverbampto Several courses have been held for new and inquirlng christians e.g. Alpha Hope City Church Trustees, Report for the year end¢d 31 December 2024 The children's and youth woTk h&$ develo￿1 during the year with a Youth Alpha Course being held Th¢ thur¢h is a fi￿1 member of AMIE The Angyliean Mission in Ingland. Which 1% an anglican dio¢cse affiliated to the Anglican Network in Europe that seeks to establish Anglican church¢3 in England outside the Church of F4land. Futun Plan8 The further establishment of the church community is the ongoing aitn and to equip the members to fidfil their God given destinies. Further develop the children and youth ministne& To fith the m¢mbership and links with AMIE and local churches Fin*n¢lAI R¢vl¢w The fidl Tesults of the Trust for the year 8r¢ set out in the atlach¢d finan¢iaL stst¢ments. Th¢ income for the y¢ar was £55.492 (2023 £50.678) with eX￿ndituTe of £48,556 (2023 £42,903) Re8ervu Pollcy A reseryes policy was set at three months fixed costs currently around £8,000. Rljk Polley The management team condu¢ts an ongoin8 review of major risks as ￿t of its regular monitoring al￿ reporting. Internal risks ate minimised by the implementation of procedures in regard to Good Practice Child Protcction Polici¢s, Fire Safety and Health Bnd safety inspections where the Tru3t's activities operate. Financial risks ar¢ minimised by the implementation of procedur¢s for the authorisation of all tranwtions by the team and reviews on a regular basis. Hope City Church Trustees, Report for the year ended 31 December 2024 Tru8tefs' Responjlbfilities Ch8rity Law requires th¢ tn￿te¢S to prepar¢ financial stat¢ments for cach fuw)cial year which give a true and fair view of the state of affairs of the Trust 8nd of its financial a¢tivAtics for that year together with its assets and liabilities at the end of the ye4r, adequately di&inguishing any material, spccial trust or other restricted fund of th¢ TnL8L In pr¢wing those financial statements, the directors att required to.. Select suitable accountin8 ￿lIcI¢S and then apply them rA>nsistendyg b) Make judgements and cstiniate5 that are rewDable and prudenL Stote whether the policies adopted are in accordantt with the appropriat¢ SORP on accounting by Clwiti¢s and the Accounting Regulations and with applicable accounting standards subject lo any material de￿rt￿eS disclosed and ￿plaIned in the financial statements; and d) Prepare the financial ststements on the 8oin8 ￿ncern b&sis unl¢ss it is inappropriate to um¢ that the Trust will Continue in its activities. The trustees are responsible for keeping proper a¢￿unting re￿rdS which disclose with rcasonable a¢cura¢y at any time the financial FK)sition of th¢ Trustand to enable them to ensure that the financial statements comply with the Swements of Recommended Practice 2019 and the regulations made under section of the Charities Act 2011. They are also Testx)nsible for safeguarding the assets of the TnL8t and hence for tsking reasonable steps for the prevention and de￿tion of fraud and irregularities. The trustees hav¢ the ]x)wer to invest in such &8sets as they see fiL This report was approved by th¢ on Trustee........... NAME ofTRUSTEE...SsJSRr4.....m.(4r￿￿. ol