Charity Number 1196052 FAMILY OF HOPE CHURCH TRUSTEES, REPORT AND ACCOUNTS 30 SEPTEMBER 2024
FAMILY OF HOPE CHURCH Flnanclal statoment For the year ended 30th Soptombor 2024 Contcnts Page Reference and administrative details Report of the truslees Accountants, Report Income statement Statement of financial position Notes to the accounts
FAMILY OF HOPE CHURCH Reference and admlnlstratlvo detalls For the year ended 30th Septcmbcr 2024 Charity Number 1196052 Registered Address 112 Llly Lane Bamfurlong WIGAN Lancashire WN2 5JT Trustees Trustees who served during the year were as follows; Hope Chekwube Okeke - Chair of Trustees Olunike Oluwafunmilayo Gureje (Joined 05 October 2023) Ifeanyi Nkemakolam Chukwu (Joined 05 October 2023) Accountants BC NWAIWU & CO LTD Building 1 Suit 4A Office 6 Wilsons Park Business Centre Manchester M40 8WN Bankers Lloyds Bank PIC
FAMILY OF HOPE CHURCH Report of the trustees For the year ended 30th Septomber 2024 About us Family of Hope Church Is a faith-based charity that advances the Christian religion for the benefit of the publlc but not excluslvely through the holding of prayer meetings, lectures, public celebration of religlous festivals, producing andlor distributing literature on Christian failh to enlighten others about the Christian religion, providing pastoral care and carying out outreach work In the community. Trustees The following person served as trustees during the period: Hope Chekwube Okeke- Chair of Trustees Olunike Oluwafunmilayo Gureje Ifeanyi Nkemakolam Chukwu Statement of responsibilities of the trustees The trustees are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the trustees are required to: select suitable accounting policies and then apply them consistently; observe the methods and principles in the Chanties SORP; make judgements and estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Statement of Recommended Practice applicable to charities in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) - (Charities SORP (FRS102). 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. Each of the persons who is a trustee at the date of approval of this report confinns that: so far as each of the trustee is aware, there is no relevant material information of which the charity's accountants are unaware; and
FAMILY OF HOPE CHURCH Report of the trustees For the year ended 30th September 2024 each trustee has taken 811 steps that they ought to have taken to make thernselves aware of any relevant material information and to establish that the accountants are aware of that Informatlon. Members of the charity guaranlee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. Approved by the trustees on July 25, 2025, and signed on their behalf by Hope Chekwube Okeke Chair of Trustees
FAMILY OF HOPE CHURCH Accountants, Report Accountants, report to the board of trustees on the preparation of the unaudited statutory accounts of Famlly of Hope Church for the perlod ended 30th September 2024. In order to asslst you to fulfil your dutles under the Charity Act 2011, we have prepared for your approval Ihe accounts of Famlly ol Hope Church for the perlod ended 30th September 2024 whlch comprise of the Statement of financial activlties (incorporating Income & expenditure account), Ihe Balance Sheet and the related notes from the charity's accounting records and from informatlon and explanations you have given us. Thls report is made solely lo the Trustees of Family of Hope Church, as a body, In accordance with the terms of our engagement dated 301h May 2025. Our work has been undertaken solely to prepare for your approval the accounts of Family of Hope Church and state those matters that we have agreed to state to the Trustees of Family of Hope Church, as a body, in this report to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Family of Hope Church and its Trustees as a body for our work or for this report. It is your duty to ensure that Family of Hope Church has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilitles, financial position of Family of Hope Church. You consider that Family of Hope Church is exempt from the statutory auditlindependent examination requirement for the period. We have not been instructed to cary out an audivindependent examination or a review of the accounts of Family of Hope Church. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. BC NWAIWU & CO LTD Building 1 Suit 4A Office 6 Wilsons Park Business Centre Manchester M40 8WN Date: July 25, 2025
FAMILY OF HOPE CHURCH Income statement For the year ended 30th September 2024 Nole 30 September 2024 30 September 2023 Income from: Donations and legacies 8,279 3,177 Charity activities 2,307 766 Total Income 10,586 3,944 Expenditure on: Charitable activities 9,519 3,458 Costs of raising funds Other charitable activities Total expenditure 9,519 3,458 Net Incomel(expenditure) for the year 1,067 486 Transfer between funds Net movement in funds for the year 1,067 486 Reconciliation of funds Total funds brought forward Total funds carried forward 1,067 486 The notes on poges 9 to 13form part ol thesefinanciol statements
FAMILY OF HOPE CHURCH Statement of flnanclal posltlon As at 30th September 2024 Note 2024 2024 2023 2023 Flxed assets Tangible assets 168 224 168 224 Current assets Cash at bank and in hand 2,301 1,128 Debtors 2,301 1,128 Creditors: amounts falling due within one year Net current assets (200) (250) 2,051 928 Total assets less current liabilities 2,219 1,151 Creditors: amounts falling due after one year Total assets 10 2,219 1,151 Funds Unrestricted funds 11 2,219 1,151 Restricted funds 11 Total funds 2,219 1,151 Approved by the trustees on July 25, 2024, and signed on their behalf by: Hope Chekwube Okeke Chair of Trustees The notes on pages 9 to 13lorm part of thesefinancial statements
FAMILY OF HOPE CHURCH Notes to the financlal statements For the year ended 30th September 2024 Accountlng Pollcles Accounting conventlons The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practs'ce applicable to charities in preparing their accounts in accordance with the Flnancial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) - (Charilies SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006. Family of Hope Church meets the definitson of a public benefit entsty under FRS 102. Assets and liabilits'es are inits'ally recognised at historical cost or transacts'on value unless otherwise stated in the relevant accounting policy notes. Incoming resources All incoming resources are included in the SOFA when the charity is legally ents'tled to the income, is reasonably certain of receipt and the amount can be measured with sufficient reliability. In accordance with the SORP, no value has been attributed to the work performed by volunteers, although their work is considered vital to the activities of the charity. Tithe, Regular offering and Donations Tithe, Regular offering and Donations consist of the total tithe, regular offering and donations from members of the church and other members of the public along with income from fundraising events. Company status The charity is a charitable Incorporated Organisation (CIO). The members of the charity are represented by the trustees named on page 3. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. Resources expended Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Costs of generating funds are those incurred in seeking voluntary income and do not include the costs of disseminating information in support of the charitable activities. Gift aid Gift Aid tax reclaims is recognised for any Gift Aid certificates received up to two months after the year-end, in relation to donations made prior to the year-end. where the Gift Aid tax reclaim application was filled to HMRC prior to the year-end. In many cases, costs are incurred on projects before the relevant restricted income is received. Therefore, unless contrary to a donor's wishes, interest income generated from restricted funds is treated as unrestricted, to cover the pre-financing costs incurred.
FAMILY OF HOPE CHURCH Notes to the flnanclal statements For the year ended 30th September 2024 Donatlons and legacles 30 September 2024 30 September 2023 Tithe offerlng Regular offering Donations 2,726 3,017 2,536 8.279 700 1,866 611 3,177 Charity activities 30 September 2024 30 September 2023 Charitable sales Bank interest Other income 2,307 2,307 766 766 Expenses on operation of the charity 30 September 2024 30 September 2023 Accommodation and rent Advert and promotion Depreciation Youth and children convention Annual thanksgiving General office expenses Governance cost Professional fees 3,840 191 56 1,702 660 2,820 1,490 111 75 419 506 593 65 200 3,458 250 9,519 Net incomel(expenditure) for the year 30 September 2024 30 September 2023 This is stated after charging/(crediting): Depreciation 56 75 10
FAMILY OF HOPE CHURCH Notes to the flnanclal Statements For the year ended 30th September 2024 6. Flxed assets: tangible assets Motor vehlcle Muslcal equlpment Fixtures and fittjngs Computer equipment Total Cost At 01 October 2023 398 398 Additions At 30 September 2024 398 398 Depreciation At 01 October 2023 Charge for the year At 30 September 2024 174 56 230 174 56 230 Net book value At 30 September 2024 At 1 October 2023 168 168 224 224 Cash at bank and in hand 30 September 2024 30 September 2023 Bank 2,301 1,128 Cash 2,301 1,128 11
FAMILY OF HOPE CHURCH Notes to the financlal statements For the year ended 30th September 2024 Debtors 30 September 2024 30 September 2023 Grant debtors Prepaid Rent Prepaid Insurance Prepaid Certificate Awards Other Debtors Total debtors Creditors: amounts falling due within oneyear 30 September 2024 30 September 2023 Trade creditors Other creditors 250 200 Total creditors 250 200 10. Creditors: amounts falling due after one year 30 September 2024 30 September 2023 Trade creditors Other creditors Total creditors 12
FAMILY OF HOPE CHURCH Notes to the flnanclal statemonts For the year ended 30th September 2024 Balance at 01 October 2023 Asat30 September 2024 11. Fund movements Income Expenditure Restricted funds Restricted project fund Unrestricted funds General fund 1.151 10,586 (9,519) 2,219 1,151 10,586 (9,519) 2,219 The funds of the charity 1,151 10,586 (9,519) 2,219 13