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2024-07-31-accounts

Document ID: 261405354063046

Charity number: 1197802 Company Number: 13492999

HOPE ANS FREEDOM MINSTRIES

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE

YEAR ENDED 31 JULY 2024

Document ID: 261405354063046

HOPE AND FREEDOM MINSTRIES

CONTENTS

Page
Reference and Administrative Details of the Charity, its Trustees and Advisers 1
Trustees' Report 2 - 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 - 15
Independent Examiner's Report 16

Document ID: 261405354063046

HOPE AND FEEDOM MINSTRIES

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 JULY 2024

Trustees:

Mr. Sanjay Noel Thambipillai Mavis Edna Stanley Ms. Luz Edy Caldeira Ms. Anca Daniela Pricop

Charity registered number : 1197802

Company number : 13492999

Principal office: 39 Buntingbridge Road Ilford, Essex IG2 7LR

Accountants

Right7 124 City Road London EC1V 2NX

Page | 1

Document ID: 261405354063046

HOPE AND FEEDOM MINSTRIES

TRUSTEES' REPORT FOR THE YEAR ENDED 31 JULY 2024

The Trustees present their annual report together with the financial statements of the Hope and Freedom Ministries for the year 1 August 2023 to 31 July 2024.

Objectives and activities

a. Vision

The Church operates at Cranbrook Baptist Church (Wellesley Rd, Ilford IG1 4JT) from September 23rd, 2023. We hold weekly Sunday services at Cranbrook Baptist Church at 4:00 PM.

b. Introduction

Hope and Freedom Ministries is a charity organisation, Preaching the gospel to the nations, healing the sick, delivering people from darkness and bondages, Fulfilling the great commission by making effective disciples by equipping them and proclaiming God’s work through signs, wonders and miracles.

"Hope and Freedom Ministries" began operating via Zoom in February 2021; however, it was officially registered as a Christian ministry under the Charity Commission UK on February 4, 2022 (Charity number 1197802). Our vision is to spread the gospel to the nations, particularly to the lost, and provide discipleship.

Therefore, we conduct weekly Bible studies Every Tuesdays via Zoom, with participants from approximately 10 countries, as well as Sunday services held both in person and via Zoom. Additionally, we host children's meetings on Saturdays via Zoom and in person on Sundays. Furthermore, we have dedicated Romanian meetings every other Saturday. Moreover, our sermons are interpreted in French, Hindi, Romanian, Tamil, German, and Spanish. We are also in the process of organising an evangelism team that will soon begin spreading the gospel on the streets.

c. Achievements and performance

As part of our vision to equip individuals to impact their communities and beyond, we have provided teaching and training that has led to the planting of several house groups, with the goal that these will grow into churches in the future.

We Presently have House groups in the below Locations

  1. Colombo ,Srilanka

  2. Newcastle ,UK

  3. France, Avrille(Angers)

  4. Virginia, USA

Page | 2

Document ID: 261405354063046

HOPE AND FEEDOM MINSTRIES

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 JULY 2024

d. Evangelism

Hope and Freedom Ministries desire is to bring in Gods Kingdom Culture . Breaking cultural barriers and man’s philosophies , that have brought in un Godly mindsets. To bring men and women back to the true word of God , in order to Glorify our Lord Jesus Christ and see his powerful working power in their lives.

The heart of this Ministry is to reach the lost ,the needy , the sick , the downcast , the broken-hearted . Whether it be here in the UK or abroad . The Lords commission to his disciples was a world wide Mission, and this is on the heart of Pastor Sanjay, to reach out to every ethnic group and Nation.

We have a dedicated team committed to outreach—inviting people to our meetings and building meaningful connections to support them on their journey.

e. Risk Management

The Trustees have identified risks and taken steps to mitigate them:

Sanjay Noel Thambipillai

Trustee

05/21/2026

Page | 3

Audit Trail

TITLE

HFM TAR 2023 24

DOCUMENT ID 261405354063046 DOCUMENT PAGES 5 STATUS COMPLETED TIME ZONE Europe/London

DOCUMENT HISTORY

Process Started May 21, 2026 The document has been sent for signature. 05:44 PM Invitations Sent May 21, 2026 Sent for signature to (sanjthamb@gmail.com) 05:44 PM IP: 168.199.82.155 Viewed May 21, 2026 Viewed by (sanjthamb@gmail.com) 05:51 PM IP: 185.240.199.232 Signed May 21, 2026 Signed by (sanjthamb@gmail.com) 05:51 PM IP: 185.240.199.232 Process May 21, 2026 The document has been completed. Completed 05:51 PM

Document ID: 261405315926051

HOPE AND FREEDOM MINISTRIES

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024

Notes
Income from:
Donations and legacies
3
Charitable activities
4
Investments
5
Other Income
6
Total Income
Expenditure on:
Raising funds
9
Charitable activities
10
Separate material expense item
11
Other
Total Expenditure
Net income/(expenditure) for the reporting
period
Gross Transfer between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Unrestricted
funds
Restricted
income funds
Total funds
Prior year
funds
£
£
£
£
67,540
-
67,540
42,439
-
-
-
-
-
-
-
-
-
-
-
-
67,540
-
67,540
42,439
-
-
-
-
66,215
-
66,215
39,981
-
-
-
-
-
-
-
-
66,215
-
66,215
39,981
1,326
-
1,326
2,458
-
-
-
-
1,326
-
1,326
2,458
15,015
-
-
15,015
-
17,473
-
13,689
-
-
13,689
-
15,015
-

Page | 4

Document ID: 261405315926051

HOPE AND FREEDOM MINISTRIES

BALANCE SHEET FOR THE YEAR ENDED 31 JULY 2024

Notes
Fixed assets
Intangible assets
Tangible assets
16
Total fixed assets
Current assets
Stocks
Debtors
17
Cash at bank and in hand
18
Total current assets
Creditors:
Amounts falling due within one year
19
Net current assets/(liabilities)
Total assets less current liabilities
Creditors:
Amounts falling due after one year
20
Total net assets or liabilities
Funds of the Charity
Restricted income funds
Unrestricted funds
Total funds
Unrestricted
funds
Restricted
income funds
Total this year
Total last year
£
£
£
£
F01
F02
F04
F05
- - -
-
- - -
-
- - -
-
- - - -
- - - 7,239
2,889 - 2,889 1,553
2,889 - 2,889
8,792
16,578 - 16,578
22,089
- 13,689 - - 13,689
13,297
-
- 13,689 - - 13,689
13,297
-
- - -
1,718
- 13,689 - - 13,689 - 15,015
- -
-
- 13,689
- 13,689
15,015
-
- 13,689 - - 13,689
15,015
-

Sanjay Noel Thambipillai Trustee

05/21/2026

Page | 5

Document ID: 261405315926051

HOPE AND FREEDOM MINISTRIES

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2024

Turnover
Non taxable income
Total turnover
Staff Costs
Directors' remuneration
Employee Salary Expense
Total staff costs
Administrative expenses
Rent
Insurance
Directors remuneration
Equipment Purchases
Directors NIC
Events
Accountancy fees
Insurance
Subscriptions
Sundry expenses
Stationery
Telephone and internet
Motor Expenses
Training
Total administrative expenses
Net profit/(loss) for the year before tax
Net profit/(loss) for the year after tax
This year
67,540
67,540
30,434
7,817
38,251
6,150
1,219
1,798
176
2,600
60
384
119
709
13,543
1,206
27,964
1,326
1,326
Prior Year
42,439
42,439
27,800
6,250
34,050
1,040
763
5
1,778
1,176
789
380
5,931
2,458
2,458

Page | 6

Document ID: 261405315926051

HOPE AND FREEDOM MINISTRIES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 5 Marymead Court, Stevenage, SG2 8AE.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Potter's Palace Minstries meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

Page | 7

Document ID: 261405315926051

HOPE AND FREEDOM MINISTRIES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

2. Accounting policies (continued)

2.4 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.5 Tangible fixed assets and depreciation

Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following basis: Plant and machinery - 25% reducing balance Equipment - 25% reducing balance

2.6 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.7 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.8 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

Page | 8

Document ID: 261405315926051

HOPE AND FREEDOM MINISTRIES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

2. Accounting policies (continued)

2.9 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.10 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

2.11 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.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page | 9

Document ID: 261405315926051

HOPE AND FREEDOM MINISTRIES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

Income from donations and legacies
3. Donations and legacies
Donations
Gift Aid
Legacies
General grants provided by government/other charities
Membership subscriptions and sponsorships which are in
substance donations
Donated goods, facilities and services
Other
Total Donations and gifts
4. Charitable activities
Young Adults' Camp
Congregational Activities
Sunday School Activities
Youth Activities
Other
Total Charitable activities
5. Income from Investments
Interest income
Dividend income
Rental and leasing income
Other
Total Income from Investments
6. Other
Other Income
TOTAL INCOME
Unrestricted
funds
Restricted
income funds
Total funds
Prior year
54,498
-
54,498
42,439
13,042
-
13,042
-
-
-
-
-
-
-
-
-

-
-
-
-
-
-
-
-
-
-
-
-
67,540
-
67,540
42,439
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
67,540
-
67,540
42,439

Page | 10

Document ID: 261405315926051

HOPE AND FREEDOM MINISTRIES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

7. Income from government grants
Government Grant
Grant 1
Grant 2
Grant 3
Other
Total Government Grant Income
8. Donated Goods, facilities and services
Seconded staff
Use of property
Other
Youth Activities
Other
Total Donated Goods, facilities and services
Unrestricted
funds
Restricted
income funds
Total funds
Prior year
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -

Page | 11

Document ID: 261405315926051

HOPE AND FREEDOM MINISTRIES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

Expenditure

9. Expenditure on raising funds:
Incurred seeking donations
Incurred seeking legacies
Incurred seeking grants
Operating membership schemes and social lotteries
Staging fundraising events
Database development costs
Other trading activities
Rent collection, property repairs and maintenance
charges
Total expenditure on raising funds
10. Expenditure on charitable activities:
Rent
Insurance
Directors remuneration
Social Security and NI
Equipment Purchases
Events
Accountancy fees
Insurance
Subscriptions
Sundry expenses
Stationery
Telephone and internet
Motor Expenses
Training
Total expenditure on charitable activities
Unrestricted
funds
Restricted
income funds
Total funds
Prior year
- -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
6,150
6,150 1,040
1,220 - 1,220 763
30,434 - 30,434 27,800
7,817
7,817 6,250
1,798
1,798
176
1765
2,600
2,600 1,778
-
60
60 1,176
384
384 789
119
119
709
709
13,543
13,543 380
1,206
1,206
66,215 - 66,215 39,981

11. Separate material item of expense

Total Separate materail item of expense
TOTAL EXPENDITURE
- - - -
66,215
-
66,215
39,981

Page | 12

Document ID: 261405315926051

HOPE AND FREEDOM MINISTRIES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

**12. ** Governance and support costs Unrestricted
funds
Restricted
income funds
Total funds
Prior year
Total funds
Prior year
Staff Costs - - - -
Depreciaton - - - -
General expenses - - - -
Accountancy fees 2,600 - 2,600 1,778
Travel and subsistence - - - -
Charitable donations - - - -
Total governance and support costs 2,600 - 2,600 1,778
**13. ** Independent examiner's remuneration
Fees payable to the Charity's independent examiner for the
independent examination of the Charity's annual accounts
520 - 520 520
**14. ** Staff costs
Salary Cost 30,434 - 30,434 27,800
Social Security and NI 7,817 7,817 6,250
Total staff costs 38,250 - 38,250 34,050
The average number of persons employed by the Charity during the year was as follows: This year
Prior year
Employees 1 1
No employee received remuneration amounting to more than £60,000 in either year.

15. Trustees' remuneration and expenses

Name of trustee Legal authority Remuneration Pension
contribution
Total
Sanjay Noel Thambipillai Governing
Document
30,434 855 31,289

Reason and details of remuneration

Mr. Sanjay Noel Thambipillai is serving in a professional capacity as a Pastor within the Church that supports the Trust's charitable

Page | 13

Document ID: 261405315926051

HOPE AND FREEDOM MINISTRIES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

16. Tangible fixed assets

16. Tangible fixed assets
Cost or valuation
Start of the year
Additions
At end of the year
Depreciation
Start of the year
Additions
At end of the year
Net Book Value
This year
Last Year
17. Debtors
Due within one year
Other debtors
Preapayment and accrued income
Total
18. Cash at bank and in hand
Short term deposits
Investments
Cash at bank and in hand
Total
19. Creditors: Amounts falling due within one year
Other taxation and social security
Accruals and deferred income
Other creditors
Total
20. Creditors: Amounts falling due after one year
Other taxation and social security
Accruals and deferred income
Total
Plant and
Machinery
Equipment
Other
Total
This year
Prior year
7,239
-
7,239
This year
Prior year
1,553
2,889
2,889
1,553
This year
Prior year
1,528
15,050
22,089
16,578
22,089
This year
Prior year
1,718
-
1,718

Page | 14

Document ID: 261405315926051

HOPE AND FREEDOM MINISTRIES

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

20. Details of material funds held and movements during the CURRENT reporting period

Fund Names
Unrestricted Funds
Restricted Funds
Total
Fund balances
brought forward
Income
Expenditure
Transfers
Fund balances
carried forward
15,015
-
67,540
66,215
-
13,689
-
15,015
-
67,540
66,215
-
13,689
-

21. Details of material funds held and movements during the PREVIOUS reporting period

Fund Names
Unrestricted Funds
Restricted Funds
Total
22. Analysis of net assets between funds
Tangible fixed assets
Current assets
Creditors due within one year
Total
Fund balances
brought forward
Income
Expenditure
Transfers
Fund balances
carried forward
17,473
-
42,439
39,981
-
15,015
-
17,473
-
42,439
39,981
-
15,015
-
Unrestricted
funds
Restricted
income funds
Total this year
Total last year
2,889
2,889
8,792
16,578
16,578
22,089
-
-
-
13,689
-
-
13,689
-
13,297
-

Page | 15

Audit Trail

TITLE

HFM Annual Accounts 2023-24 Updated

DOCUMENT ID

DOCUMENT PAGES

261405315926051 12

STATUS COMPLETED TIME ZONE Europe/London

DOCUMENT HISTORY

Process Started May 21, 2026 The document has been sent for signature. 05:42 PM Invitations Sent May 21, 2026 Sent for signature to (sanjthamb@gmail.com) 05:42 PM IP: 168.199.82.155 Viewed May 21, 2026 Viewed by (sanjthamb@gmail.com) 05:52 PM IP: 185.240.199.232 Signed May 21, 2026 Signed by (sanjthamb@gmail.com) 05:52 PM IP: 185.240.199.232 Process May 21, 2026 The document has been completed. Completed 05:52 PM

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees Hope and Freedom Ministries On accounts for the year 31/07/2024 Charity no 1197802 ended (if any) Set out on pages 4-15 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30 / 06 / 2024 . Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent I am qualified to undertake the examination by being a qualified member of examiner's statement Institute of Financial Accountants.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

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 accounts to be reached.

Signed:
Name:
Relevant professional
qualification(s) or body
(if any):
22/05/2026
Right 7
Institute of Financial Accountants

1

Oct 2018

IER

Address:

67 Norwood Avenue Wembley, London HA0 1LX

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

There are no material matters of concern with regards to the financial position of Hope and Freedom Ministries.

2

Oct 2018

IER