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2023-03-31-accounts

HOPE CHRISTIAN TRUST

Charity registration no: 328456

Annual Report for the period 1[st] April 2022 to 31[st] March 2023

Objectives (as outlined in the amendment to the Trust Deed 22[nd] November 1989):

“To support and set up, provide for and maintain such charitable work in educational establishments in Israel and Arab countries as the Trustees from time to time think fit so that young people and adults may receive training on the basis of Christian principles and may receive instruction in the Christian faith and its practical outworking, including where necessary the relief of poverty, hunger, sickness among such young people and adults and the provision of proper accommodation for them.”

Activities:

Hope Christian Trust (the Trust) has researched areas of need, both for education and for welfare, in the lands of the Bible and as a result, it has established many ongoing links with missionary organisations, relief and development societies and educational bodies.

To endeavour to meet the needs of these groups the Trust raises monies, mainly in the UK, through appeals, talks given by the trustees and online newsletters. The Trust has developed a regular core of donors for its work overseas which in the year under review encompassed support for:

1

HOPE CHRISTIAN

TRUST

In previous years the Trust has also been involved in fundraising activities for the Bethlehem Bible College based in Bethlehem however, in March 2022, the college formed its own UK charity (Bethlehem Development Trust [“BDT”]) whose purpose is to undertake the administration for the college’s fundraising on a similar basis to its operations in other countries. The volume of work involved hitherto for the Trust had been significant and impacted upon its ability to widen its outlook to support other existing ministries and to research new areas where the Trust might provide help. Nevertheless, the trustees have spent time during the year under review helping the trustees of BDT to fulfil its obligations within the UK charity legislation.

The work of the Trust in the year under review has been curtailed by the Covid pandemic, preventing the trustees from undertaking visits to ascertain that monies released have been correctly applied. However, oversight has been afforded by local correspondents of the Trust. The pandemic has also inhibited the couriering of some smaller donations for other one-off projects. The Trust is fortunate in having a network of established correspondents in the areas where support is needed so that new projects are usually introduced by known sources and feedback is provided by respected persons.

Financial Review:

The accounts for the Trust appear on the pages that follow this Report and have been prepared on the Receipts and Payments basis in accordance with the Charities Act 2011 and the requirements of the Charities Commission guidance paper FRS 102 for smaller charities.

The accounts show the reduction of Restricted income resulting from the transfer of the administration of the Bethlehem Bible College which was mitigated by the receipts of grant monies for the Lighthouse School and the Programme for Theological Education. It will be seen that the Trust continues to receive some regular payments in respect of both the Bethlehem Bible College and the Shepherd Society which are held in their respective Restricted Funds until drawdown is requested by BDT.

Unrestricted Fund income reduced from £13,448 (y/e 31.3.22) to £12,399 (y/e 31.3.23) which reflected the Trustees’ inability to attend as many fundraising talks as before. However, this restriction also caused expenditure to reduce from £9,829 (y/e 31.3.22) to £4,988 (y/e 31.3.23).

2

HOPE CHRISTIAN

TRUST

The Trust has a policy whereby it is required to hold sufficient resources to meet at least three months of its annual expenditure; in y/e 31.3.23 this would have required £1,247 to be held in Unrestricted reserves whereas £65,336.94 (aggregate) was held as Unrestricted funds. The trustees are pleased to confirm that in their opinion the Trust is sufficiently liquid to meet its anticipated future liabilities. In this regard it is relevant to record that the Trust has no obligations whatsoever, other than to distribute the Restricted Funds in accordance with the donor’s wishes.

Governance Policies:

Structure, Governance and Management:

The Trust is governed by a Deed dated 22[nd] November 1989 that was amended on 21[st] July 1992.

The Trust is an unincorporated association registered with the Charity Commission.

Trustees are selected by: a) Recommendation by a trustee

3

HOPE CHRISTIAN

TRUST

b) Invitation of a suitable candidate

Appointment of a new trustee must be approved by a majority decision of the full board of trustees.

The trustees are the only appointed managers within the Trust. It is acknowledged that the board of trustees comprises husband and wife partnerships, a problem not uncommon in small organisations such as the Trust.

Whilst the Trust occasionally works alongside other charitable organisations, it has no legal obligation or contractual liability with any other party.

Reference and Administrative details:

Ms.Glenda Hagger, Toad House, Brockley Way, Claverham, Somerset BS49 4PA

The trustees have approved this Annual Report.

Signed on behalf of the trustees by:

23[rd] . January 2024

……………………………………. ……………………. Rev. John Angle (chairman) date

4

HOPE CHRISTIAN T

SUPPORTING COMMUNITIES IN THE LA BIBLE

Registered Charity No.328456

ANNUAL REPORT & ACCOUN FOR THE YEAR ENDED 31[st] MARC

"RUST NDS OF THE gpot ope ristian rusi NTS CH 2023

HOPE CHRISTIAN TRU Supporting Communities in the Lands of the Bible

Registered Charity No.328456

Annual Report & Accounts for the period 1st April 2021 to 31st March

Table of contents

Annual Report:

Objectives Activities Financial review Governance policies Structure, governance and management Reference and administrative details

Accounts:

Independent Examiner's Report Receipts & Payments Account Statement of Assets & Liabilities Accounting policies Nature and purpose of Funds Analysis of Receipts & Payments Payments to trustees and connected persons Other information

ST

h 2023

page number

1 1, 2 2 3 3 3, 4 5 6 7 8 8 9 10 10

DRAFT PAPERWORK ONLY - I.E REPORT TO BE ADDED FOLLOWI EXAMINATION

DRAFT P

ING PAGE 5

HOPE CHRISTIAN TRU

Supporting Christian Communities in the Lands of the Bible - Registered Charity

Receipts & Payments Account for the period 1st April 2022 to 31st March 2023

Receipts
Receipts from generated funds
Voluntary income
Investment Income
Receipts from charitable activities
Other receipts
Total receipts
Payments
Cost of generating funds
Cost of generating voluntary income
Charitable activities
Other payments
Total payments
Net receipts/payments before transfers
Unrestricted < < < < < < < 31st March 2023 > > > > > > >
Designated
Restricted
Endow-
ments
11,712.79

646.76

40.00

-

12,399.55

241.50
113.28

4,633.81

-

4,988.59

7,410.96
-
112,390.47
-
-
-
-
-
-
-
150.00
47,522.37
-
150.00
159,912.84
-
7.75
-
-
-
-
181,432.80
-
-
-
-
-
181,440.55
-
150.00
- 21,527.71
-
Transfers:
Gross transfers between funds - in
gross transfers between funds - out
Net receipts/payments before other gains/losses
450.23

- ##
7,861.19
-
-
-
-
- 450.23
-
150.00
- 21,977.94
-
Reconciliation of Funds
Total funds brought forward
Total funds carried forward
3,461.30

11,322.49
54,014.45
145,765.12
-
54,164.45
123,787.18
-
Represented by:
Unrestricted
Hope CT General Fund
Designated
General Reserve
Unallocated credits
Restricted
Bethlehem Bible College - General
Bethlehem Bible College - Specific Gifts
Gaza Study Centre
Hebron Evangelical School
Hope Community Support
Hope Community Support US Dollars
Hope CT Specific Gifts
House of Hope
Lighthouse School
Lighthouse School Community Support
Lighthouse School Project
Lighthouse School Resilience Fund
Lighthouse School Staff Appeal
Lighthouse School US Dollar Holding
Love into Action
Programme for Theological Education
Shepherd Society - General
Zababdeh Community
Zababdeh Community US Dollars
Total all Funds
Hope Missions Support
15,330.38

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,330.38
-
-
-
50,006.56
-
-
150.00
-
-
-
1,048.05
-
-
151.00
-
-
3,219.61
-
-
76.25
-
-
4,749.58
-
-
5,335.80
-
-
617.86
-
-
16,203.54
-
-
0.73
-
-
43,332.31
-
-
1,184.87
-
-
4,676.26
-
-
13,868.54
-
-
241.24
-
-
11,051.78
-
-
150.00
-
-
8,042.00
-
-
231.00
-
-
4,622.23
-
-
4,984.53
-
50,156.56
123,787.18
-

No.328456

UST

Totals 31.3.2022
Total Funds
31.3.2022
Total Funds









-
124,103.26
646.76
40.00
47,672.37
172,462.39
113.28
186,066.61
-
186,429.14
13,966.75









166,824.81
162.74
-
1,003.22
167,990.77
164.81
146,517.80
-
146,682.61
21,308.16

-
-
450.23
450.23
13,966.75

-
165,799.47
165,799.47
21,308.16

203,240.87
189,274.12

181,932.71
203,240.87























31.3.2023
15,330.38
50,006.56
150.00
1,048.05
151.00
3,219.61
76.25
4,749.58
5,335.80
617.86
16,203.54
0.73
43,332.31
1,184.87
4,676.26
13,868.54
241.24
11,051.78
150.00
8,042.00
231.00
4,622.23
4,984.53
189,274.12























31.3.2022
6,792.14
50,006.56
-
-
151.00
3,219.61
85.00
3,767.08
5,335.80
638.86
18,056.44
0.73
38,237.81
1,184.87
50,380.23
13,868.54
241.24
11,051.78
150.00
-
72.25
0.93
-
203,240.87

HOPE CHRISTIAN TRUS

Supporting Christian communities in the lands of the Bible - Registered Charit

Statement of Assets & Liabilities as at 31st March 2023

Cash Funds

-
9,330.38
6,000.00
15,330.38
Unrestricted
Funds
-
9,330.38
6,000.00
15,330.38
Unrestricted
Funds
-
20,156.56
30,000.00
50,156.56
Designated
Funds
-
20,156.56
30,000.00
50,156.56
Designated
Funds
-
74,787.18
49,000.00
123,787.18
Restricted
Funds
-
74,787.18
49,000.00
123,787.18
Restricted
Funds
Endow-
ment
Funds
- - - -
9,330.38 20,156.56 74,787.18 -
6,000.00 30,000.00 49,000.00 -
15,330.38 50,156.56 123,787.18 -

Other Monetary Assets

Details
Debtor:
Gift Aid Tax reclaim
forecast for year to
31.3.2023
171.00
171.00
Unrestricted
Funds
171.00
171.00
Unrestricted
Funds
-
-
Designated
Funds
-
-
Designated
Funds
3,786.13
3,786.13
Restricted
Funds
3,786.13
3,786.13
Restricted
Funds
Endow-
ment
Funds
171.00 - 3,786.13 -
171.00 - 3,786.13 -

The above forecast amounts for y/e 31.3.2022 have yet to be verified by HMRC and are estimates based upon the Trust's r year ended 31.3.2022.

Investment Assets

Details
None
Fund to which assets belong
n/a
Cost
None n/a -

Assets Retained for Charity's Own Use

Details
Computer (refurbished)
Fund to which assets belong
General
Cost
Laptop Computer (refurbished) General G
f.
ifted to Trust
o.c. in 2018

Liabilities

Details Fund to which liability relates When due
None n/a -
Contingent Liability - refundable deposit received
for Christ at Crossroads Conference
Bethlehem Bible College Specific Donations:
although the UK administration of the College
has passed to Bethlehem Development Trust
this sum has been retained by Hope CT in
case the deposit needs to be refunded.
When the
conflict permits
the conference
to take place

Approved by the trustees of Hope Christian Trust

Signed ……………............…….…………

Rev. J.Angle, chairman

ST

ty No.328456

-
104,274.12
85,000.00
189,274.12
Totals
31.3.23
Totals
31.3.22
- 245.08
104,274.12 117,995.79
85,000.00 85,000.00
189,274.12 203,240.87
3,957.13
3,957.13
Totals
31.3.23
Totals
31.3.22
3,957.13 7,974.20
3,957.13 7,974.20

records of Gift Aided donations received in the

-
nil
Value
31.3.2023
Value
31.3.2023
Value 31.3.2022
-
Value 31.3.2022
nil nil
nil
151.00
Amount due
31.3.2023
Amount due
31.3.2022
nil
151.00 151.00

23rd January 2024

HOPE CHRISTIAN TRUST Notes to the Accounts for the year ended 31st. March 2023:

note 1 - Accounting policies

These Financial Statements have been prepared on the Receipts & Payments basis in accordance with the Ch and SORP (FRS102) as amended in February 2016.

note 2 - Nature and purpose of Funds

Fund name Nature of
Fund
Purpose of Fund
General Fund Unrestricted Available for the general purposes of Hope Christian Trust in accordance with the objectives outlined in
its Trust Deed. Includes balances held in GBP and (the sterling equivalent of) USD.
General Reserve Fund Designated Funds set aside for support of the Trust in the event of increased demand for assistance or reduced
income for the Trust.
Bethlehem Bible College
General
Restricted Previously established to receive donations arising from appeals lead by the Trust, but now to receive,
and then transfer, residual donations that should have been sent directly to Bethlehem Development
Trust by donors.
Bethlehem Bible College
Specific
Restricted Previously established to receive donations arising from appeals lead by the Trust, now only holds
residual payment for delayed ticket to Christ at the Checkpoint Conference which may need to be
refunded
Gaza Study Centre Restricted Established to receive donations arising from appeals lead by the Trust, and to meet UK costs all
relating to the Gaza Study Centre.
Hebron Evangelical School Restricted Established to receive donations arising from appeals lead by the Trust, specifically for Hebron
Evangelical School.
Hope Christian Trust
Specific Gifts
Restricted Established to receive donations arising from appeals lead by the Trust, for the support of specific
projects other than those for which a Restricted Fund has been set up.
Hope Community Support Restricted Established to hold monies raised from time to time for the welfare of Christians in Gaza.
Hope Missions Support Restricted Established to receive occasional donations for the support of named workers in the missions supported
by the Trust
House of Hope Restricted Established to receive donations arising from periodic appeals lead by the Trust, specifically for the
House of Hope.
Lighthouse School Restricted Established to receive general donations arising from appeals lead by the Trust, specifically for the
Lighthouse School.
Lighthouse Community
Support
Restricted Established originally to receive donations arising from appeals lead by the Trust for a teacher's family
made homeless by fire, subsequently widened in view of later conflicts.
Lighthouse School Project
SRG
Restricted Established to receive grant monies resulting from appeals made by the Trust on behalf of the school.
Lighthouse School
Resilience Fund
Restricted Established to hold donations used to support the negative cashflow experienced from time to time.
Replenished by the school when times of positive cashflow arise.
Lighthouse School Staff
Appeal
Restricted Established to hold sundry donations received to support members of staff suffering during the conflict in
Gaza.
Lighthouse School
US Dollars
Restricted A fund established to hold US$ donations for the school in order to mitigate exchange costs. Shown in
these accounts at their GBP value.
Love into Action Restricted Established to receive donations arising from appeals lead by the Trust; subsequently this has become
dormant following the closure of the charity. We await advices as to the dissipation of the remaining
balance
Shepherd Society
General
Restricted Previously established to receive donations arising from appeals lead by the Trust, but now to receive,
and then transfer, residual donations that should have been sent directly to Bethlehem Development
Trust by donors.
Unallocated credits Designated A fund used to set aside monies received where the Trust is unaware of the donor and the intended
beneficiary whilst no reference is shown on the Trust's bank statements
Zababdeh Community Restricted Established to receive donations arising from appeals lead by the Trust, especially for the work with the
Tabitha Ministries in Zababdeh
Zababdeh Community US
Dollars
Restricted Established to receive donations made in US Dollars arising from appeals lead by the Trust, especially
for the work with the Tabitha Ministries in Zababdeh

T

harities Act 2011 section 130

One-off Project or Revolving Activity Revolving Revolving One-off project within this Fund One-off project within this Fund Revolving Revolving Revolving and one-off projects within this Fund Revolving Revolving and one-off projects within this Fund Revolving Revolving and one-off projects within this Fund Revolving Revolving Revolving Revolving Revolving One-off project within this Fund One-off project within this Fund One-off project within this Fund Revolving and one-off projects within this Fund Revolving and one-off projects within this Fund

HOPE CHRISTIAN TRUST

Notes to the Accounts for the year ended 31st. March 2023

note 3 - Analysis of Receipts & Payments

Fund name Fund name 1.4.2022
Balance
Detail Detail Receipts Receipts Amount Detail Payments Payments Amount Unrestricted Ba lance 31st Mar 2023 lance 31st Mar 2023 lance 31st Mar 2023 Restricted
Designated
General Fund_(including Hope General_
Fund US$)
6,792.14 Gift Aided donation s 724.00 Stationery and postage 241.50 15,330.38
Non-GA donations 9,157.78 Gifts and donations 3,113.28
Tax recoverable (GA) 1,871.01 Trustees' expenses 1,612.81
Bank interest 646.76 Bank charges 21.00
Transfers in 1,127.28 Transfers out -
General Reserve 50,006.56 50,006.56
Bethlehem Bible College - General
Fund
- Gift Aided donations 2,000.00 Postage & stationery 7.75 1,048.05
Non-GA donations 6,686.20 Transfers out 677.05
Tax recoverable (GA) 1,348.04 Released to BDT 8,301.39
Bethlehem Bible Coll. Specific
Donations
151.00 151.00
Gaza Study Centre 3,219.61 3,219.61
Hebron Evangelical School 85.00 Gift Aid donations 180.00 Support for school 200.00 76.25
Tax recoverable (GA) 11.25
Hope Community Support_(Including_
US$)
9,102.88 Non-GA donations 1,947.50 Gifts and donations 1,670.00 10,085.38
Tax recoverable (GA) 705.00
Hope Christian Trust - Specific
Donations
638.86 Non-GA donations
Grants

600.00
1,685.00
Bank charges
Release of specific gifts as
directed

2,285.00
21.00

617.86
Hope Missions Support 18,056.44 Non-GA donations 11,277.71 Welfare payments 39,522.23 16,203.54
Gift Aid donations 6,900.00 Educational materials 800.00
Tax recoverable (GA) 681.25
Grants 19,610.37
House of Hope 0.73 Non-GA donations 150.00 Release of gifts 150.00 0.73
Lighthouse School 38,237.81 Gift Aided donations 700.00 43,332.31
Non-GA donations 4,058.25
Tax recoverable (GA) 336.25
Lighthouse School Community Support 1,184.87 1,184.87
Lighthouse School Project SRG 50,380.23 Grants 54,639.99 Kindergarten teachers 84,173.80 4,676.26
Lighthouse staff 1,052.95
Families of pupils 14,645.98
Bank charges 21.00
Transfers out 450.23
Lighthouse School Resilience 13,868.54 13,868.54
Lighthouse School Staff Support 241.24 Gift Aid donations 241.24
Lighthouse School US $ 11,051.78 11,051.78
Love into Action 150.00 150.00
Programme for Theological Education - Grants 30,000.00 Support for teaching
Bank charges

21,916.00
42.00

8,042.00
Shepherd Society - General Fund 72.25 Gift Aided donations 380.00 Support for Society - 231.00
Non-GA donations 1,099.00 Welfare payments -
Tax recoverable (GA) 432.50 Bank charges -
Released to BDT 1,752.75
Unallocated credits - Anonymous donation 150.00 150.00
Zababdeh Community 0.93 Non-GA donati ons 9,500.00 Support for activities 4,863.70 4,622.23
Bank charges 15.00
Zababdeh Community US $ - Gift Aided donations 4,984.53 4,984.53
Totals of each fund type 31.3.2023 15,330.38 50,156.56 123,787.18
Total all funds 1.4.2022 203,240.87 Total of a ll fu nds 31.3.2023 189,274.12

9

HOPE CHRISTIAN TRUST

Notes to the Accounts for the year ended 31st. March 2023

note 4 - Trustees remuneration

Authority under which paid

No remuneration was paid to any trustee - the Trust has no contracted personnel within its organisation

No provision is made by the Trust to provide any pension or other financial benefit to any of the trustees

note 5 - Trustees travel expenses

Trustees travel expenses
Details Number of
trustees
Reimbursement for travel expenses incurred in the work of the Trust and its ministries 1

note 6 - Other transactions with trustees and connected persons

Nature of
relationship
Nature of
relationship
Nature of transaction
Trustee Reimbursement for trustees' working breakfast

note 7 - Other information

To the best of the trustees' knowledge, the Trust has no liabilities or obligations either actual or implied, other than the requirement to deliver respective beneficiaries.

The Trust has not granted any lien or pledge over any of its assets.

No endowment funds have been received at any time during the life of the Trust

The Trust has no fixed assets other than a refurbished laptop computer gifted to the Trust at no cost in October 2018 and now considered to

The Trust has no current assets other than the cash balances shown in the Statement of Assets & Liabilities, a nominal stock of postage stam along with the software purchased previously and installed on the above-mentioned laptop computer.

T

Amount

£ nil £ nil

Restricted Fund Unrestricted
Fund
Unrestricted
Fund
£ - £ 1,597.31
Total Amount £ 1,597.31
Number of trustees Number of trustees Number of trustees Unrestricted
Fund
Unrestricted
Fund
1 £ 15.50
Total £ 15.50

monies held in the Restricted Funds to the o have no book value. mps and stationery held from time to time,

CHARITY COMMISSION FOR ENGLANO AND WALES Independent examinerfs report on the accounts Section A Independent Examtner's Report Report to the trusteesl members of Hope Christian Trust On accounts for the year ended 31 March 2023 Charity no (rfany 328456 Set out on pages 1-10 I report to the tmstees on my examination of the accounts of the above charity llhe Trust-) for the year ended 3110312023. Rèsponslbllities and As the chaiity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ('the Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below") in rnnnedion with the examination which gtves me cause to believe that in, any material respect: accounting records V￿re not kept in accordan￿ with section 130 of the Act or the accounts do not accord wtth the accounting records Independent examinerfs statement I have no COn￿mS and have come across no other matters in connection with the examination to which attention should be drawn in order to enable proper understanding of the accounts to be reached. ' Please delete the words in the brackets rfthey do not apply. Signed: Dato: .2c?2 Name: Glenda Hagger Relevant professional qualifi¢ation(s) or body (if any): ICAEW., Chartered Accountant No. 8466257 Address: Toad House, Brockley Way. Claverham. North Somerset. BS49 4PA Section B Disclosure Only complete if the examiner needs to highlight matters of concern {seé CC32, Independent examination of charity accounts." directions and guidan￿ for examiners). IER