The Charity Registration Number is :- 1192224
Hope Church Wirral
Report and Accounts
31 October 2024
Hope Church Wirral
Report and accounts for the year ended 31 October 2024
Contents
| Page | ||
|---|---|---|
| Charity information | 1 | |
| Trustees' Annual Report | 1 | |
| Statement of directors' responsibilities | 5 | |
| Independent Accountant's Report | 7 | |
| Funds Statements:- | ||
| Statement of Financial Activities | 8 | |
| Movements in funds | 10 | |
| Income and Expenditure account | 11 | |
| Balance sheet | 12 | |
| Notes to the accounts | 13 |
Hope Church Wirral
Trustees' Annual Report for the year ended 31 October 2024
The Trustees present their Report and Accounts for the year ended 31 October 2024.
Reference and administrative details
The charity name.
The legal name of the charity is:- Hope Church Wirral.
The charity is also known by its operating name, Hope Church Wirral.
The charity's areas operation and UK charitable registration.
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1192224.
The charity does not operate in any overseas jurisdictions.
Legal structure of the charity
The charity is constituted as a Charitable Incorporated Organisation (CIO) in England & Wales. The governing document of the charity is the constitution of the CIO as approved by the Charity Commission in England & Wales (CCEW) .
The governing document is dated 09 November 2020 There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.
The trustees are all individuals.
The principal operating address, telephone number, email and web addresses of the charity
Hope Church Wirral Station Road, Hoylake Wirral, CH47 4AA Telephone 01516326084
Email Address hello@hope-church.co.uk Web address www.hope-church.co.uk
The Trustees in office on the date the report was approved were:-
Richard Anthony Holmes Sheila Farrington - appointed on 23 April 2024 Anna Kasha Daniel Kasha Katie Lauren Starkey Jonathan David Brennan Dr Alexander John Rankin
At the Annual General Meeting Chris Rankin retire as trustees, but are eligible for reappointment.
All the trustees are also members of the charity.
1
Hope Church Wirral
Trustees' Annual Report for the year ended 31 October 2024
Objects and activities of the charity
The purposes of the charity as set out in its governing document.
To advance the Christian faith for the public benefit in accordance with the statement of beliefs and practices in the Schedule hereto in Wirral and in such other parts of the United Kingdom or the world as the charity trustees may from time to time think fit.
To relieve persons who are in conditions of need or hardship, or who are aged or sick and to relieve the distress caused thereby in Wirral and wherever else in the world and trustees from time to time think fit.
To promote and fulfill such other charitable objectives, beneficial to the community in Wirral or other parts of the world as the trustees may from time to time think fit.
The main activities undertaken in relation to those purposes during the year.
We have continued to hold our Sunday gatherings, growing numerically as a church, and reaching more and more people through our in-person and live-streamed services. Our aim remains to empower Christians and create a safe, warm, and welcoming environment for those who are exploring their faith.
Our Youth and Children's work has continued to go from strength to strength this year. Although our Youth & Children's pastor left at the end of August 2023, these ministries continue to flourish thanks to the incredible dedication of our volunteers. Additionally, our Toddler Group, Roundabout, continues to have a huge impact on new parents and carers, with parents and carers commenting on how helpful it has been to have a consistent place to bring their children week on week. Following the closure of our TLG school, a significant shift this year has been our prioritisation of hiring out the halls for community use. Most notably, the entire building was utilised by the R&A for the Open Championship in 2023. In the lead-up to the championship, we also hosted numerous multi-agency meetings, further cementing our role within the local community.
In April of 2024, 5 members of our church community went to LIV Lanseria, a long standing partner organisation in South Africa. The team led projects, spent time with the communites and built upon the strong relationship already there.
Also in April of 2024, our church community went on a church weekend away to North Wales. 85 adults, and 30 under 18 year olds spent a weekend together and had an amazingly beneficial time. Other highlights of the year include out Christmas appeal, in which many people from our church and wider community donated Christmas Presents. These were distributed mainly but not exclusively to Asylum Seeker families in the local area, with the help of our charity partners.
The main activities undertaken during the year to further the charity's purpose for the public benefit.
-
holding regular services for worship
-
holding regular activities for various age groups to demonstrate the relevance of the Christian faith to everyday life
-
providing facilities for the local community
-
visiting and supporting the aged and sick persons and others in need
-
supporting various persons and groups engaged in ministering to the needs of others in various parts of the UK and abroad
2
Hope Church Wirral
Trustees' Annual Report for the year ended 31 October 2024
The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.
The contribution of volunteers during the year.
The charity depends on the support of its volunteers, which is much appreciated. The charity had over 70 Volunteers who donated in excess of 3000 hours of their time doing roles that helped the church fulfil its charitable objectives including running Sunday Services, Children’s work and outreach within our community. We have a number of specialist volunteers overseeing Safeguarding and Finance Support. The arrangements with volunteers are difficult to value precisely in monetary terms and have not been recognised in the Statement of Financial Activities. The volunteers and the charity accept and agree that no contract of employment is created by these arrangements.
The main achievements and performance of the charity during the year.
The main achievements and performance of the charity during the year. Throughout the year, the charity actively pursued its purpose of serving the public benefit through a range of meaningful activities. Firstly, regular services for worship were held, providing a space for spiritual reflection and devotion. Moreover, the organisation organised various activities for different age groups to demonstrate how the Christian faith is relevant to everyday life. By offering facilities for the local community, the charity created a sense of belonging and inclusivity, serving as a hub for social interactions and gatherings. Another vital aspect of their work involved visiting and supporting the elderly, sick individuals, and others in need, demonstrating their commitment to providing compassionate care. Furthermore, the charity extended its reach by offering support to individuals and groups engaged in ministering to the needs of others across different regions of the UK and abroad. Collectively, these endeavours exemplify the charity's unwavering dedication to its purpose, uplifting and benefiting the public it serves..
Structure, governance and management of the charity
The methods used to recruit and appoint new charity trustees.
-
Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.
-
In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
HSBC UK
Bankers Accountants KBH Accountants Ltd - 255 Poulton Road, Wallasey, CH44 4BT
3
Hope Church Wirral
Trustees' Annual Report for the year ended 31 October 2024
Financial review
The charity's financial position at the end of the year ended 31 October 2024
The financial position of the charity at 31 October 2024 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-
| Restricted Revenue Funds Total Funds Unrestricted Revenue Funds available for the general purposes of the charity Net income |
2024 £ (2,977) 56,749 - 56,749 |
2023 £ 533 59,726 - 59,726 |
|---|---|---|
Financial review of the position at the reporting date, 31 October 2024 .
The trustees consider the financial performance by the charity during the year to have been satisfactory.
The church building has been transferred from Hoylake Chapel Fellowship Trust but has not been valued and it will be valued in next year's accounts
Policies on reserves.
It is the policy of this church to hold in reserves the equivalent of three months' salary costs. This policy will be reviewed in twelve month’s time.
Availability and adequacy of assets of each of the funds
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
Details of The Independent Examiner
Olivia Higgins
Member of Chartered Certified Accountants 255 Poulton Road
Wallasey Merseyside CH44 4BT
4
Hope Church Wirral
Trustees' Annual Report for the year ended 31 October 2024
Statement of Trustees' Responsibilities
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), .
In particular, charity law requires the Trustees, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state 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 the Trustees are required to :-
-
to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
-
select suitable accounting policies and apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
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 statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. 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 irregularities.
The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
31 July
This report was approved by the board of trustees on __ 2025.
Jonathan Brennan Trustee
5
Hope Church Wirral
Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 October 2024
I report to the Trustees on my examination of the financial statements of the charity on pages 8 to 29 for the year ended 31 October 2024 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 13.
Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report
As described on page 5, you, the charity's Trustees, are responsible for the preparation of the financial statements in accordance with the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.
The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-
a) examine the financial statements of the charity under Section 145 of the Act;
b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.
Basis of Independent Examiner's Statement and scope of work undertaken
I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. 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. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.
The procedures undertaken 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 does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide
Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I 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 performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.
6
Hope Church Wirral
Independent Examiner's Statement, Report and Opinion
Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-
This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;
and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-
accounting records were not kept in respect of the charity as required by with Section 130 of The Charities Act 2011;
the financial statements do not accord with those records; or
the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination;
have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Signed:-
Olivia Higgins - Independent Examiner
Chartered Certified Accountants
255 Poulton Road Wallasey Merseyside CH44 4BT
This report was signed on __ 2025
7
Hope Church Wirral - Statement of Financial Activities for the year ended 31 October 2024
Statement of Financial Activities for the year ended 31 October 2024
| Current year Unrestricted Funds 2024 £ Income & Endowments from: Donations & Legacies A1 69,125 Charitable activities A2 10,112 Other trading activities A3 20,013 Other A5 3,627 Total income A 102,877 Expenditure on: Charitable activities B2 105,854 Total expenditure B 105,854 Net income for the year (2,977) Net income after transfers A-B-C (2,977) (2,977) Total funds brought forward 59,726 Total funds carried forward 56,749 SORP Ref Net movement in funds |
Current year Restricted Funds 2024 £ - - - - - - - - - - - - |
Current year Total Funds 2024 £ 69,125 10,112 20,013 3,627 102,877 105,854 105,854 (2,977) (2,977) (2,977) 59,726 56,749 |
Prior Year Total Funds 2023 £ 94,007 3,997 36,885 - 134,889 134,356 134,356 533 533 533 59,193 59,726 |
|---|---|---|---|
The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.
All activities derive from continuing operations
The notes attached on pages 13 to 29 form an integral part of these accounts.
8
Hope Church Wirral - Statement of Financial Activities for the year ended 31 October 2024
Hope Church Wirral - Analysis of prior year total funds, as required by paragraph 4.2 of the SORP
| Income & Endowments from: Donations & Legacies A1 Charitable activities A2 Other trading activities A3 Total income A Expenditure on: Raising funds B1 Charitable activities B2 Total expenditure B Net income for the year Transfers between funds C Net income after transfers Reconciliation of funds:- E Total funds brought forward Total funds carried forward Net movement in funds SORP Ref |
Prior Year Unrestricted Funds 2023 £ 94,007 3,997 36,885 134,889 - 124,091 124,091 10,798 - 10,798 10,798 48,928 59,726 |
Prior Year Restricted Funds 2023 £ - - - - - 10,265 10,265 (10,265) - (10,265) (10,265) 10,265 - |
Prior Year Total Funds 2023 £ 94,007 3,997 36,885 134,889 - 134,356 134,356 533 - 533 533 59,193 59,726 |
|---|---|---|---|
All activities derive from continuing operations
The notes attached on pages 13 to 29 form an integral part of these accounts.
9
Hope Church Wirral - Statement of Financial Activities for the year ended 31 October 2024
Hope Church Wirral - Resources applied in the year ended 31 October 2024 towards fixed assets for Charity use:-
| Funds generated in the year as detailed in the SOFA Resources applied on functional fixed assets Other applications of funds Net resources available to fund charitable activities |
2024 £ (2,977) - - (2,977) |
2023 £ 533 - - 533 |
|---|---|---|
The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.
The notes attached on pages 13 to 29 form an integral part of these accounts.
Movements in revenue and capital funds for the year ended 31 October 2024
Revenue accumulated funds
| Unrestricted Funds 2024 £ Accumulated funds brought forward 59,726 (2,977) 56,749 Closing revenue funds 56,749 Summary of funds Unrestricted and Designated funds 2024 £ Revenue accumulated funds 56,749 Recognised gains and losses before transfers |
Restricted Funds 2024 £ - - - - Restricted Funds 2024 £ - |
Total Funds 2024 £ 59,726 (2,977) 56,749 56,749 Total Funds 2024 £ 56,749 |
Last year Total Funds 2023 £ 59,193 533 59,726 59,726 Last Year Total Funds 2023 £ 59,726 |
|---|---|---|---|
The notes attached on pages 13 to 29 form an integral part of these accounts.
10
Hope Church Wirral - Statement of Financial Activities for the year ended 31 October 2024
Hope Church Wirral
Income and Expenditure Account for the year ended 31 October 2024 as required by the Companies Act 2006
| Income Income from operations Refunds from HMRC on gift aided donations Other operating income Gross income in the year before exceptional items Gross income in the year including exceptional items Expenditure Charitable expenditure, excluding depreciation and amortisation Depreciation and amortisation Governance costs Total expenditure in the year Tax on surplus on ordinary activities Retained surplus for the financial year Net income after tax in the financial year Net income before tax in the financial year |
2024 £ 84,495 14,755 3,627 102,877 102,877 72,567 1,454 31,833 105,854 (2,977) - (2,977) (2,977) |
2023 £ 127,577 7,312 - 134,889 134,889 100,082 1,454 32,820 134,356 533 - 533 533 |
|---|---|---|
All activities derive from continuing operations
In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.
The notes attached on pages 13 to 29 form an integral part of these accounts.
11
Hope Church Wirral - Balance Sheet as at 31 October 2024
| Note SORP Ref Fixed assets A Tangible assets 10 A2 Current assets B Cash at bank and in hand B4 Creditors: amounts falling due within one year 12 C1 Net current assets The total net assets of the charity |
2024 £ 36,609 21,674 (4,250) 20,140 56,749 |
2023 £ 38,063 24,007 (2,584) 21,663 59,726 |
|---|---|---|
The total net assets of the charity are funded by the funds of the charity, as follows:-
| Unrestricted Funds Unrestricted Revenue Funds 16 D3 56,749 Total charity funds |
59,726 56,749 56,749 |
59,726 59,726 |
|---|---|---|
The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..
The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts.
The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 7.
The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
Richard Holmes
Trustee Approved by the board of trustees on __ 2025
The notes attached on pages 13 to 29 form an integral part of these accounts.
12
Hope Church Wirral
Notes to the Accounts for the year ended 31 October 2024
1 Accounting policies
Policies relating to the production of the accounts.
Basis of preparation and accounting convention
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
Risks and future assumptions
The charity is a public benefit entity.
Policies relating to categories of income and income recognition.
Nature of income
Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Categories of Income
Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.
Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.
Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.
Income recognition
Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.
Dividends are accrued when the shareholder’s right to receive payment is established.
Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.
All income is accounted for gross, before deducting any related fees or costs.
13
Hope Church Wirral
Notes to the Accounts for the year ended 31 October 2024
Donated goods, facilities and services
Donated fixed assets are recognised at the current fair value. All such donations are recognised as donation income, and debited to fixed assets.
Donated goods that are not fixed assets are accounted for at a fair value, unless it is impractical to reliably measure the value of the donated items.
In the absence of any direct evidence of fair value of donated goods, then a value is derived from the cost of the item to the donor or, in the case of goods that are expected to be sold, the estimated resale value after deducting any anticipated costs of sales.
If it is impracticable to measure the fair value of goods donated for resale, or the costs of valuation outweigh the benefits, the donated goods are recognised as income when sold, with an equivalent amount being recognised as an expense.
The costs of goods donated for distribution to beneficiaries is deemed to be the fair value of those goods upon receipt. When the goods are distributed freely or for a nominal consideration, then the carrying amount is adjusted at the time of sale, to the value at the point of distribution and the adjustment is shown as a cost of donations made.
The carrying amount of any stock held for distribution is assessed for impairment at the reporting date. All donated goods are recognised as donation income, and debited to trading stock.When trading stock is subsequently sold, or appropriated to meet an expense, then the carrying value of the stock is recognised as an expense. In accordance with the SORP, goods donated for distribution to beneficiaries, or for consumption by the charity are included in 'legacies and donations '. Goods donated for resale are included in 'Income from other trading activities'
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt. If the goods held are to be distributed freely or for a nominal consideration, then the carrying amount is subsequently adjusted to reflect the lower of deemed cost adjusted for any loss of service potential and replacement cost. Replacement cost is the economic cost incurred if the charity was to replace the service potential of the donated goods at its own expense in the most economic manner.
Donated services and facilities (including seconded staff and use of property) are included in the accounts on the basis of the value of the gift to the charity.
All donated services and facilities are recognised as donation income when received,(provided the value of the gift can be measured reliably) and recognised as an expense with an equivalent value.
Policies relating to expenditure on goods and services provided to the charity.
Recognition of liabilities and expenditure
A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..
Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.
Volunteers
In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity.
However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note5.
14
Hope Church Wirral
Notes to the Accounts for the year ended 31 October 2024
Policies relating to assets, liabilities and provisions and other matters.
Pensions - defined contribution schemes
The charity operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Designated funds are unrestricted funds earmarked by the Trustees for particular purposes. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal or as implied by law.
There are no endowment funds.
2 Liability to taxation
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
3 Winding up or dissolution of the charity
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
4 Net surplus before tax in the financial year
| The net surplus before tax in the financial year is stated after charging:- Depreciation of owned fixed assets Trustees' remuneration Pension costs |
2024 £ 1,454 29,013 604 |
2023 £ 1,454 30,000 1,730 |
|---|---|---|
15
Hope Church Wirral
Notes to the Accounts for the year ended 31 October 2024
5 The contribution of volunteers
The charity depends on the support of its volunteers, which is much appreciated. The charity had over 40 Volunteers who donated in excess of 3000 hours of their time doing roles that helped the church fulfil its charitable objectives including running Sunday Services, Children’s work and outreach within our community. We have a number of specialist volunteers overseeing Safeguarding and Finanace Support. The arrangements with volunteers are difficult to value precisely in monetary terms and have not been recognised in the Statement of Financial Activities. The volunteers and the charity accept and agree that no contract of employment is created by these arrangements.
6 Staff costs and emoluments
| Salary costs Gross Salaries excluding trustees and key management personnel Employer's operating costs of defined contribution pension schemes Trustees' Remuneration as detailed in note 8 Other benefits paid to trustees, as detailed in note 8 Total salaries, wages and related costs |
2024 £ 7,715 604 29,013 1,800 39,132 |
2023 £ 30,191 1,730 30,000 1,800 63,721 |
|---|---|---|
7 Defined contribution pension schemes
The charity operates a defined contribution pension scheme, the costs of which are shown above.
Any liabilites and assets associated with the scheme are shown under debtors and creditors.
8 Remuneration and payments to Trustees and persons connected with them
| Remuneration payable to trustees or connected persons Jonathon Brennan Total remuneration |
2024 £ 29,013 29,013 |
2023 £ 30,000 30,000 |
|---|---|---|
As per the charity constitution:
(a) The Pastor for the time being Jonathan David Brennan will automatically be a charity trustee, for as long as he or she holds that office.
(b) If unwilling to act as a charity trustee, the office holder may: (i) before accepting appointment as a charity trustee, give notice in writing to the trustees of his or her unwillingness to act in that capacity; or(ii) after accepting appointment as a charity trustee, resign under the provisions contained in clause [12] (Retirement and removal of charity trustees). The office of ex officio charity trustee will then remain vacant until the office holder ceases to hold office.
| Pension payments relating to trustees or connected persons Jonathon Brennan |
2024 £ 1,800 1,800 |
2023 £ 1,681 1,800 |
|---|---|---|
16
Hope Church Wirral
Notes to the Accounts for the year ended 31 October 2024
9 Heritage assets not included in the accounts
The property was purchased by Hoylake Chapel 25 years ago and transferred to Hope Church on 7th July 2022. The valuation will be done in the current year.
10 Tangible fixed assets
| Current Year Cost At 1 November 2023 At 31 October 2024 Depreciation At 1 November 2023 Charge for the year At 31 October 2024 Net book value At 31 October 2024 At 31 October 2023 11 Debtors Prepayments and accrued income Other debtors 12 Creditors: amounts falling due within one year Accruals PAYE, NIC VAT and other taxes 13 Income and Expenditure account summary At 1 November 2023 Surplus after tax for the year At 31 October 2024 |
Land and Buildings £ 38,213 38,213 1,528 764 2,292 35,921 36,685 |
Plant & Machinery £ 2,758 2,758 1,380 690 2,070 688 1,378 |
Motor Vehicles £ - - - - - - - 2024 £ 2,076 640 2,716 2024 £ 3,433 817 4,250 2024 £ 59,726 (2,977) 56,749 |
Total £ 40,971 40,971 2,908 1,454 4,362 36,609 38,063 2023 £ - 240 240 2023 £ 1,344 1,240 2,584 2023 £ 59,193 533 59,726 |
|---|---|---|---|---|
14 No related party transactions
There were no transactions with related parties in the year , except with regard to trustees' remuneration.
17
Hope Church Wirral
Notes to the Accounts for the year ended 31 October 2024
15 Particulars of how particular funds are represented by assets and liabilities
| At 31 October 2024 Unrestricted Designated Restricted funds funds funds £ £ £ Tangible Fixed Assets 36,609 - - Current Assets 24,390 - Current Liabilities (4,250) - - 56,749 - - At 1 November 2023 Unrestricted Designated Restricted funds funds funds £ £ £ Tangible Fixed Assets 38,063 - - Current Assets 24,247 - - Current Liabilities (2,584) - - 59,726 - - Change in total funds over the year as shown in Note 15 , analysed by individual funds Funds brought forward from 2023 Movement in funds in 2024 See Note 17 £ £ £ Unrestricted and designated funds:- Unrestricted Revenue Funds 59,726 (2,977) - Total unrestricted and designated funds 59,726 (2,977) - Total charity funds 59,726 (2,977) - Transfers between funds in 2024 |
Total Funds £ 36,609 24,390 (4,250) 56,749 Total Funds £ 38,063 24,247 (2,584) 59,726 Funds carried forward to 2025 £ 56,749 56,749 56,749 |
|---|---|
16 Change in total funds over the year as shown in Note 15 , analysed by individual funds
18
Hope Church Wirral
Notes to the Accounts for the year ended 31 October 2024
17 Analysis of movements in funds over the year as shown in Note 16
| Unrestricted and designated funds:- Unrestricted Revenue Funds |
Income 2024 £ 102,877 102,877 |
Expenditure 2024 £ (105,854) (105,854) |
Other Gains & Losses 2024 £ - - |
Movement in funds 2024 £ (2,977) (2,977) |
|---|---|---|---|---|
18 The purposes for which the funds as
Unrestricted and designated funds:-
Unrestricted Revenue Funds
These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use.
19 Ultimate controlling party
The charity is under the control of its legal members.
Every member of the charity has unlimited joint and several liability for the debts of the charity.
19
Hope Church Wirral
Detailed analysis of income and expenditure for the year ended 31 October 2024 as required by the SORP 2015
This analysis is classsified by conventional nominal descriptions and not by activity.
20 Donations, Grants and Legacies
----- Start of picture text -----
||||||
|---|---|---|---|---|
|Current year|Current year|Current year|Prior Year|
|Unrestricted|Restricted|Total Funds|Total Funds|
|Funds|Funds|
|2024|2024|2024|2023|
|£|£|£|£|
|Donations and gifts from individuals|
|Small donations individually less than £1000|54,370|-|54,370|51,246|
|Refunds from HMRC on gift aided donations|14,755|-|14,755|7,312|
|Total donations and gifts from|69,125|-|69,125|58,558|
|individuals|
----- End of picture text -----
Donations and gifts from individuals (Include HMRC refunds on gift aided donations) - Prior Year analysis
----- Start of picture text -----
|||||
|---|---|---|---|
|Prior Year|Prior Year|Prior Year|
|Unrestricted|Restricted|Total Funds|
|Funds|Funds|
|2023|2023|2023|
|£|£|£|
|Prior year|58,558|-|58,558|
----- End of picture text -----
20
Hope Church Wirral
Detailed analysis of income and expenditure for the year ended 31 October 2024 as required by the SORP 2015
| Total private sector revenue grants Transforming Lives East Midlands Revenue grants and donations from non public bodies Hoylake Chapel Fellowship Trust St Mary's Biddulph Gospel Hall |
Current year Unrestricted Funds 2024 £ - - - - - - |
Current year Restricted Funds 2024 £ - - - - - - |
Current year Total Funds 2024 £ - - - - - - |
Prior Year Total Funds 2023 £ 2,807 - 7,642 15,000 10,000 35,449 |
|---|---|---|---|---|
Revenue grants and donations from non public bodies (Include Gift Aid donations from subsidiaries) - Prior Year analysis
| Prior Year Total Donations, Grants and Legacies Total Donations, Grants and Legacies A1 Prior year Total Donations, Grants and Legacies A1 |
Prior Year Unrestricted Funds 2023 £ 35,449 |
Prior Year Restricted Funds 2023 £ - |
Prior Year Total Funds 2023 £ 35,449 |
94,007 |
|---|---|---|---|---|
| 69,125 Unrestricted Funds 2023 £ 94,007 |
- Restricted Funds 2023 £ - |
69,125 Prior Year Total Funds 2023 £ 94,007 |
21
Hope Church Wirral
Detailed analysis of income and expenditure for the year ended 31 October 2024 as required by the SORP 2015
21 Income from charitable activities - Trading Activities
| Current year Primary purpose and ancillary trading Prior year Primary purpose and ancillary trading Total Primary purpose and ancillary trading 22 Current year Total income from charitable trading Total from charitable activities A2 Income from charitable activities - Prior Year analysis Prior year Total income from charitable trading Sale of goods and services in accordance with the charity's objects Events and activities Total Primary purpose and ancillary trading Sale of goods and services in accordance with the charity's objects Events and activities Total Income from charitable activities |
Current year Unrestricted Funds 2024 £ - 10,112 10,112 Prior Year Unrestricted Funds 2023 £ 1,952 2,045 3,997 Current year Unrestricted Funds 2024 £ 10,112 10,112 Prior Year Unrestricted Funds 2023 £ 3,997 3,997 |
Current year Restricted Funds 2024 £ - - - Prior Year Restricted Funds 2023 £ - - - Current year Restricted Funds 2024 £ - - Prior Year Restricted Funds 2023 £ - - |
Current year Total Funds 2024 £ - 10,112 10,112 Prior Year Total Funds 2023 £ 1,952 2,045 3,997 Current year Total Funds 2024 £ 10,112 10,112 Prior Year Total Funds 2023 £ 3,997 3,997 |
Prior Year Total funds 2023 £ 1,952 2,045 3,997 Prior Year Total Funds 2023 £ 3,997 3,997 |
|---|---|---|---|---|
22
Hope Church Wirral
Detailed analysis of income and expenditure for the year ended 31 October 2024 as required by the SORP 2015
23 Income from other, non charitable, trading activities
| Current year Current year Unrestricted Funds Restricted Funds 2024 2024 £ £ 20,013 - Total from other activities A3 20,013 - Income from other, non charitable, trading activities - Prior Year analysis Unrestricted Funds Restricted Funds Prior Year 36,885 - 24 Expenditure on charitable activities - Direct spending Current year Current year Current Year Unrestricted Funds Restricted Funds 2024 2024 £ £ - - - - - - 1,356 - 1,802 - 9,803 - - - Total direct spending B2a 12,961 - Prior Year Prior Year Prior Year Unrestricted Funds Restricted Funds 2023 2023 £ £ 24,932 3,904 1,730 - 1,355 - 1,423 - 4,474 - 15,597 6,361 Total direct spending B2a 49,511 10,265 Building project work Direct charitable activities expenses Defined contribution pension costs - charitable activities Temporary Staff - Charitable Activities Direct charitable activities expenses Pastor expenses Gross wages and salaries - charitable activities Defined contribution pension costs - charitable activities Pastor expenses Gross wages and salaries - charitable activities Temporary Staff - Charitable Activities Income from letting and licensing of property for non charitable purposes Building project work Other costs |
Current year Total Funds 2024 £ 20,013 20,013 Total Funds 36,885 Current year Total Funds 2024 £ - - - 1,356 1,802 9,803 - 12,961 Prior Year Total Funds 2023 £ 28,836 1,730 1,355 1,423 4,474 21,958 59,776 |
Prior Year Total Funds 2023 £ 36,885 36,885 Prior Year Total Funds 2023 £ 28,836 1,730 1,355 1,423 4,474 21,958 - 59,776 |
|---|---|---|
23
Hope Church Wirral
Detailed analysis of income and expenditure for the year ended 31 October 2024 as required by the SORP 2015
25 Expenditure on charitable activities - Charitable trading
| Current Year Total charitable trading costs B2b Prior Year Total charitable trading costs B2b Church events and activities expenses TLG expenses Church events and activities expenses TLG expenses |
Current year Unrestricted Funds 2024 £ - 16,019 16,019 Prior Year Unrestricted Funds 2023 £ 526 3,470 3,996 |
Current year Restricted Funds 2024 £ - - - Prior Year Restricted Funds 2023 £ - - - |
Current year Prior Year Total Funds Total Funds 2024 2023 £ £ - 526 16,019 3,470 16,019 3,996 Prior Year Total Funds 2023 £ 526 3,470 3,996 |
|---|---|---|---|
24
Hope Church Wirral
Detailed analysis of income and expenditure for the year ended 31 October 2024 as required by the SORP 2015
26 Expenditure on charitable activities- Grant funding of activities
| Current Year Total grantmaking costs B2c Current Year MCYC Wirral YFC Refilwe Mustard Seeds Prior Year Total grantmaking costs B2c Breakdown of Grants made to organisations Prior Year MCYC Wirral YFC Refilwe Grants made to individuals Breakdown of Grants made to organisations Grants made to organisations Grants made to organisations Grants made to individuals |
Current year Unrestricted Funds 2024 £ 1,200 2,521 3,721 Current year Unrestricted Funds 2024 £ 600 550 1,351 20 2,521 Prior Year Unrestricted Funds 2023 £ 1,350 1,770 3,120 Prior Year Unrestricted Funds 2023 £ 370 200 1,200 1,770 |
Current year Restricted Funds 2024 £ - - - Current year Restricted Funds 2024 £ - - - - - Prior Year Restricted Funds 2023 £ - - - Prior Year Restricted Funds 2023 £ - - - - |
Current year Prior Year Total Funds Total Funds 2024 2023 £ £ 1,200 1,350 2,521 1,770 3,721 3,120 Current year Total Funds 2024 £ 600 550 1,351 20 2,521 Prior Year Total Funds 2023 £ 1,350 1,770 3,120 Prior Year Total Funds 2023 £ 370 200 1,200 1,770 |
|---|---|---|---|
25
Hope Church Wirral
Detailed analysis of income and expenditure for the year ended 31 October 2024 as required by the SORP 2015
| 27 Current year Current year Current Year Unrestricted Funds Restricted Funds 2024 2024 £ £ Premises Expenses Rates and water charges 1,136 - 14,926 - 3,346 - 501 - - - Administrative overheads - - 2,021 - 4,362 - 4,800 - Professional fees paid to advisors other than the auditor or examiner 360 - Legal fees - - Financial costs 95 - 1,454 - Support costs before reallocation 41,320 - Total support costs - Current Year 41,320 - All the expenditure in the prior year was unrestricted. Bank charges Accountancy fees other than examination or audit fees Stationery and printing Cleaning and waste management Property insurance Light heat and power Premises repairs, renewals and maintenance Support costs for charitable activities Liabilty and contents insurance Telephone, fax and internet Sundry expenses Depreciation & Amortisation in total for |
Current year Total Funds 2024 £ 1,136 14,926 3,346 501 - - 2,021 4,362 4,800 360 - 95 1,454 41,320 41,320 |
Prior Year Total Funds 2023 £ 903 16,271 3,003 896 450 532 2,518 4,101 4,059 (552) 926 83 1,454 34,644 34,644 |
|---|---|---|
26
Hope Church Wirral
Detailed analysis of income and expenditure for the year ended 31 October 2024 as required by the SORP 2015
| Prior Year Premises Expenses Rates and water charges Light heat and power Cleaning and waste management Property insurance Administrative overheads Telephone, fax and internet Stationery and printing Liabilty and contents insurance Sundry expenses Financial costs Depreciation & Amortisation in total for Total support costs - Prior Year Accountancy fees other than examination or audit fees Bank charges Legal fees Premises repairs, renewals and maintenance Professional fees paid to advisors |
2023 £ 903 16,271 3,003 896 450 532 2,518 4,101 4,059 (552) 926 83 1,454 34,644 |
2023 £ - - - - - - - - - - - - - - |
903 16,271 3,003 896 450 532 2,518 4,101 4,059 (552) 926 83 1,454 34,644 |
|---|---|---|---|
The basis of allocation of costs between activities is described under accounting policies
27
Hope Church Wirral
Detailed analysis of income and expenditure for the year ended 31 October 2024 as required by the SORP 2015
28 Other Expenditure - Governance costs
| Current Year Independent Examiner's fees Trustees' remuneration Total Governance costs Prior Year Independent Examiner's fees Trustees' remuneration Total Governance costs 29 Total Charitable expenditure Current Year Total direct spending B2a Total charitable trading costs B2b Total grantmaking costs B2c Total support costs B2d Total Governance costs B2e Total charitable expenditure B2 Trustees Defined contribution pension costs Trustees Defined contribution pension costs |
Current year Unrestricted Funds 2024 £ 1,020 29,013 1,800 31,833 Prior Year Unrestricted Funds 2023 £ 1,020 30,000 1,800 32,820 Current year Unrestricted Funds 2024 £ 12,961 16,019 3,721 41,320 31,833 105,854 |
Current year Restricted Funds 2024 £ - - - - Prior Year Restricted Funds 2023 £ - - - - Current year Restricted Funds 2024 £ - - - - - - |
Current year Total Funds 2024 £ 1,020 29,013 1,800 31,833 Prior Year Total Funds 2023 £ 1,020 30,000 1,800 32,820 Current year Total Funds 2024 £ 12,961 16,019 3,721 41,320 31,833 105,854 |
Prior Year Total Funds 2023 £ 1,020 30,000 1,800 32,820 Prior Year Total Funds 2023 £ 59,776 3,996 3,120 34,644 32,820 134,356 |
|---|---|---|---|---|
28