## **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|
2
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
3
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
4
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
5
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**
6
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**|
7
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|
8
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**|
9
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|
10
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**
11
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.
12
Living Hope Christian Church REGISTERED CHARITY NUMBER: 519594
End of Report
13