2023-03-31-accounts

Living Hope Christian Church Linnaeus Street

Hull HU3 2QA

REGISTERED CHARITY NUMBER: 519594

Report of the Trustees and

Audited Financial Statements for the Year Ended 31st March 2023

3[rd] December 2023

Living Hope Christian Church REGISTERED CHARITY NUMBER: 519594

TABLE OF CONTENTS

	Page(s)
Report of the Trustees	3 to 4
Pastor’s Report	5
Independent Examiner's Report	6
Statement of Financial Activities	7 to 10
Notes to the Financial Statements	11 to 12

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Living Hope Christian Church REGISTERED CHARITY NUMBER: 519594

REPORT OF THE TRUSTEES

The trustees present their report with the financial statements of the charity for the year ended 31st March 2023. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The advancement of the Christian religion through the promotion of the Christian Gospel by proclamation, example and the relief of poverty or human suffering in the area of the neighbourhood of Kingston upon Hull, surrounding villages and places throughout the world.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Organisation :

Eldership : The oversight of the ministry is vested in the Pastor as leading Elder, with the co-operation of fellow Elders, who being answerable to God, seek to serve Him in their responsibility towards the fellowship. The Eldership as a whole shall be responsible for the spiritual leadership of the fellowship, including matters of discipline. An Elder may also fulfil other roles within the fellowship, including that of Deacon.

Leadership Team :

(Deacons) The administrative affairs of the fellowship will be undertaken by Deacons, comprising of the Pastor as Chairman, a Secretary and a Treasurer and at least one more member. The Deacons will be answerable to the Elders under God.

Membership : The membership shall be composed of those who are saved by grace through faith in the Lord Jesus Christ and who accept the fellowship's Declaration of Faith.

Trustee reference and administrative details

Registered Charity number- 519594

Principal address: Pride Njeatih 43 Taylor Avenue Cottingham HU16 5FR

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Living Hope Christian Church REGISTERED CHARITY NUMBER: 519594

Trustees

Paul Nash Scott Wilson Emmanuel Nwoke Pride Njeatih

Independent Examiner

Jonathan Harvey 94 Richmond Lane Hull HU7 3AE

Bank reference and administrative details

Lloyds TSB Bank plc Business & Commercial Service Centre 8th Floor 6/7 Park Row Leeds LS1 1NX

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Living Hope Christian Church REGISTERED CHARITY NUMBER: 519594

PASTOR'S REPORT 2023

In the past year it is with a deep sense of indebtedness and thankfulness to the grace of God that we as Living Hope Church have continued function as a local church.

We have now functioned without all COVID restrictions. In general the majority of members and adherents have returned to public in-person gatherings.

The average Sunday gatherings have increased numerically, with noticeably a growing contingent from the African Continent who have come to Hull mainly for academic purposes.

We remain grateful for the ongoing financial support from our regular members and adherents.

The church continues to support the FIEC as part of our commitment to UK Mission. We have continued to support the Persecuted church and overseas Mission via Asia Link.

Rev Jonathan Jolly

Pastor

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Living Hope Christian Church REGISTERED CHARITY NUMBER: 519594

INDEPENDENT EXAMINER'S REPORT

Independent examiner's report to the trustees of Living Hope Christian Church

I report to the charity trustees on my examination of the accounts of Living Hope Christian Church for the year ended 31st March 2023.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I can confirm that I have examined the charities accounts and I have found no material matters that have come to my attention during the examination giving me cause to believe that in any material aspect:

1. Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

2. The accounts do not accord with those records; or

3. The accounts 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.

Jonathan Harvey 94 Richmond Lane

Hull

HU7 3AE

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Living Hope Christian Church REGISTERED CHARITY NUMBER: 519594

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023

Comparatives for the statement of financial activities Unrestricted funds (£) Restricted funds (£) Income and Endowments from Donations and Legacies 2 54, 251.92 Other trading activities 3 520 Investment income 4 8, 343 Total 63, 114.92 0.00 Expenditure Raising funds 1, 102.20 Charitable activities 58, 542.57 Total 59, 644.77 0.00 Net income/expenditure 3, 470.15 Reconciliation of funds Total brought forward 23, 828.95 Total carried forward 27, 299.1 0.00	2023 Total funds (£) 2022 Total funds (£) 54, 251.92 44, 159.85 520 765 8, 343 9, 110
	63, 114.92 54, 034.85 1, 102.20 786.72 58, 542.57 69, 105.71
	59, 644.77 69, 892.43 3, 470.15 -15, 857.58 23, 828.95 39,686.53
	27, 299.1 23, 828.95

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Living Hope Christian Church REGISTERED CHARITY NUMBER: 519594

REF 1: INCOME/RECEIPTS

Notes Donations & Offerings Gift Aid Tax Recovered Harvest Gifts Fund Raising Events Rent Received Hall Hire Miscellaneous Total	Restricted General Total Total Funds Funds 2022/2023 2021/2022 26, 828.15 26, 828.15 18, 342.52 20, 233.77 20, 233.77 14, 247 3, 847.75 3, 847.75 5, 027 0.00 0.00 956 0 0 0 8, 343 8, 343 9, 110 765 765 765 3, 342.25 3, 342.25 5, 587.33
	0.00 63, 114.92 63, 114.92 54, 034.85

REF 2: EXPENDITURE/PAYMENTS

	Notes	Restricted	General	Total	Total
		Funds	Funds	2022/2023	2021/2022
Missionary			1, 482.61	1, 482.61	2, 693.99
Outreach			1, 102.2	1, 102.2	786.72
Salaries	6		27, 014.04	27, 014.04	32, 183.36
Tax & N/I			5, 189.87	5, 189.87	7, 032.26
Pension Payments			2, 337.96	2, 337.96	2, 757.96
Visiting Speakers			100	100	0

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REGISTERED CHARITY NUMBER: 519594

Living Hope Christian Church

Young at Heart Kids Club Travel Expenses Light/Heat/Water Equipment/R&R Maintenance Costs Licenses Insurance Hospitality Sundry Expenses Cleaning & Janitorial Telephone Accounts Fees P & S Bank Charges I T Services Total	0 0 74.99 29.49 29.49 4.79 415 415 265.5 6, 854.43 6, 854.43 4, 745.33 513.66 513.66 2, 491.11 3, 812.07 3, 812.07 6, 149.76 926.53 926.53 981.47 2, 168.14 2, 168.14 2, 040.21 494.27 494.27 219.92 4, 459.54 4, 459.54 1, 721.67 667.56 667.56 494.75 706.1 706.1 946.51 0 0 780 362.3 362.3 521.14 145 145 0 864 864 3, 000.99
	59, 644.77 59, 644.77 69, 892.43

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Living Hope Christian Church REGISTERED CHARITY NUMBER: 519594

TANGIBLE FIXED ASSETS

Cost At 1st April 2022 and 31st March 2023 Net Book Value At 31st March 2023 At 31st March 2022 The Charity has sole use for charitable purposes.	Freehold property (£) 168, 101 168, 101 168, 101

Assets :

Church Building:
Rebuild value:	£1,359,457
Market value assessment before construction:	£330,000
Contents:	£80,669

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Living Hope Christian Church REGISTERED CHARITY NUMBER: 519594

NOTES TO THE FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST MARCH 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on a cash basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

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Living Hope Christian Church REGISTERED CHARITY NUMBER: 519594

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. DONATIONS AND LEGACIES AS DETAILED IN REF 1 ABOVE

3. OTHER TRADING ACTIVITIES

ER TRADING ACTIVITIES
Miscellaneous income (£) ESTMENT INCOME Rents received (£)	2023 520 2023 8,343	2022
		765
		2022 9,110

4. INVESTMENT INCOME

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2022 nor for the year ended 31st March 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st March 2022 nor for the year ended 31st March 2023.

6. STAFF COSTS

The average monthly number of employees during the year was as follows:

Employees	2023 1	2022
		2

No employees received emoluments in excess of £60,000.

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Living Hope Christian Church REGISTERED CHARITY NUMBER: 519594

End of Report

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