**Hope Church Glasgow Trust is a charity registered in Scotland no. SC036059** **Trustees Report and Year End Accounts to 31st March 2025** ## **Hope Church Glasgow Trust Trustees Report** ## **Year Ending 31[st] March 2025** ## _**Aims of the Trust**_ The trust aims to advance Christianity in Scotland and elsewhere with activities including: - The relief of poverty and those in need because of sickness, age, or other reason - The advancement of education, both in general and vocational, within the principles of the Christian faith - The promotion of other charitable projects as the Trustees may consider appropriate ## _**Membership of the Trustees**_ The Board of Trustees consists of no less than three and no more than twelve Trustees, recruited primarily, but not necessarily, from members of Hope Church, on the basis of the skills, expertise and experience that they bring to the Board. They must be able to assent to the statement of doctrines in the Deed of Trust. ## _**Activities of the Trust**_ The trustees continue to meet on a regular basis to oversee the responsibilities of the trust, ensuring that all operations are within the remit of the charity. Adherence to best practice and good governance are all given significant time and attention. In the year 2024/25 the church has continued with its public meetings both on Sundays and mid-week. It continues to be active in serving the local community as well as supporting ventures throughout the UK and internationally. Its online activity includes, teaching podcasts, online prayer, online midweek meetings; all of which serve people right across Scotland. Excellent media work continues to be developed by both our part-time and voluntary staff. The church has always been inclusive of all age groups, and it seeks to both support and serve all those involved. The church has meetings for preschool age children right the way through to a youth ministry. Last year the church employed a part-time worker who was focused on children’s ministry, and this role has expanded this year with more dedicated time and funding to take on a wider pastoral remit. The teenagers were given the opportunity once again to go to a camp at the “Magnitude” Christian youth festival. This was very successful in both building relationships and exposing them to a wider Christian cultural context. It is worth commenting that the leaders of the children/youth work are very diligent in keeping up to date PVGs. There is an up-to-date Safeguarding Policy that is overseen by a Safeguarding officer. The alleviation of poverty and supporting those in need or are sick is part of the remit of the charity. Hope Church has continued to develop its partnership with the “Street Connect” charity, providing significant funding to support one of its workers. This partnership is not just financial but one that is active on the streets of Glasgow. Every week it has people on the streets helping those with addiction issues, providing care, offering one to one meetings, signposting to multiple services including residential rehabilitation. There continues to be a steady stream of inspiring stories of people who have successfully come through drug SC036059 31.03.25 1 of 8 rehabilitation services. In the summer, Hope Church provided a barbecue and children’s fun activities for the community in the West End of Glasgow. This was in an area with identifiable social deprivation and significant drug use. Everything was provided free of charge resulting in both great support and appreciation by the community. Another charity that that the church has continued to support across the city is Glasgow City Mission. The church gives both financially and actively gets involves in its work on the streets of Glasgow. At an international level, the Trust has continued to support a number of charities and organisations that are providing poverty relief and education in areas considered to be in serious need. Funding has been provided to “Iris Ministries” which is an organisation working in Mozambique and Cambodia. The church also supports “Mission Aviation Fellowship” in Uganda and Josiah Venture’s work with young people in the Ukraine. Two of the church leaders have been out to India again, providing training and support to needy communities., taking with them suitcases of clothes for the children in the orphanage. “Kingdom Legacy” became a registered charity in 2025, having been birthed out of the work and resources of Hope Church. The trust continues to provide financial support to enable Kingdom Legacy serve leaders across many Christian denominations. This involves monthly zoom meetings, pastoral visits, and an annual residential conference. ## _**Financial Controls, Charity Regulation, and Compliance**_ The trustees are pleased to report that the church continues to employ a very competent book-keeper on a part time basis. Having a staff member who is a qualified accountant is a further asset for the financial management of the trust. The trust has developed very good financial working practices, including a very detailed annual budgeting process, against which the trustees receive both monthly and quarterly reports. The latter are received prior to trustee meetings where the finances are further reviewed, revised and minuted. The year ending accounts are also independently examined which adds another tier of scrutiny to the finances. The funding for these services is modest, and the trustees feel this is a good use of resources. The trust pays for the services of a professional Human Resources company on a monthly retainer. Health & Safety, Employment Law etc. are all matters that the trust is mindful of its responsibilities. ## _**Meeting places and offices**_ Sunday morning services and occasional mid-week meetings are taking place at Hyndland Community Centre, Novar Drive, Hyndland Glasgow. The paid staff are now primarily “home working”, but with a weekly in person meeting. The latter affords the opportunity to ensure that the welfare and well-being of the staff are adequately being catered for. Chair of the Trustees 12.12.25 SC036059 31.03.25 2 of 8 for the 31 klarch 2025 24 177.8XJ 191.774 161 1274 Total It￿0 1Q299 17& 191JJ5 115581 10.1(IJ 19. I￿.479 171.740 17.615 18. 1293)4 41.011 170315 .121 12 1&783 Jl.121 as* 31 3)25 2025 2024 10 146 146 11 11624 15J3 21971 16,787 11151 19.1(6 X.764 X.764 Total aJ88ts leJ¥ cwrert li&Mlilia 1&783 121 1&763 A693 121 .121 13. 15.4231 11Z4451 Total ch•rity 12 1&183 X,910 693 ),111 D*. 19.1125 SC036059 31.03.25 3of8 **Hope Church Glasgow Trust SC036059 Notes to the accounts** **for the year ending 31 March 2025** ## **1. Accounting policies** ## _(a) Basis of preparation of financial statements_ The financial statements have been prepared under the historical cost convention and in accordance with the Charities SORP (FRS 102), and charity law in force in Scotland. There being no material uncertainties about the charity’s ability to continue, the accounts have therefore, been prepared on a going concern basis. ## _(b) Income recognition_ Income is recognised when the following conditions have both been satisfied: (i) the Trust has been formally notified of both the amount and settlement date; and (ii) the receipt is judged to be probable. The result of this policy is that in practice income is normally recognised when received. Gift Aid income is recognised at the point the associated gift is recognised as income. ## _(c) Expenditure recognition_ Expenditure is recognised as soon as there is a legal or moral obligation committing the Trust to meet a cost that can be reliably measured. Expenditure is accounted for on an accruals basis. ## _(d) Tangible fixed assets_ Costs are capitalised and recognised as tangible fixed assets if an item costs at least £500 and is expected to be used for more than one year. Depreciation is charged on a straight-line basis over four years. ## _(e) Statement of cash flows_ The Trust has taken advantage of small entity exemption noted at section 7 of FRS102, and accordingly has not prepared a statement of cash flows. ## _(f) Pension costs_ The Trust operates a defined contibution pension plan for its employees. Once the contributions have been paid, the Trust has no further obligations. The contributions are recognised as an expense when they fall due, and any amounts not paid are shown as a liability in the Balance Sheet. ## **2. Reserves policy** It is the policy of the Trust to maintain sufficient liquid funds (generally cash plus Gift Aid debtor) to cover three months hall hire and staff salaries. ## **3. Analysis of income** |Donations
General
Projects
Special offering
Support fund
Gift aid
Charitable activities
Conferences
Investments
Bank interest
Miscellaneous|**Unrestricted**
**Funds Restricted Funds Total Funds 2025**
**Total Funds**
**2024**
**£**
**£**
**£**
**£**
123,570
123,570
130,513
-
12,796
12,796
20,658
-
16,064
16,064
17,784
-
4,069
4,069
2,179
18,662
2,659
21,321
20,640
**142,232**
**35,588**
**177,820**
**191,774**
225
-
225
161
**225**
**-**
**225**
**161**
255
-
255
96
587
-
587
1,274
**143,299**
**35,588**
**178,887**
**193,305**| |---|---| SC036059 31.03.25 4 of 8 Hope Church Glas9ow Trust SC036059 Notes to the accounts lor the year ending 31 Illarch 2025 4. Anatysis of t￿ndItU Unrtstrletèd Funds R•strict•d Fund5 Total Funds 2025 Totsl Funds 2024 thurch 115,581 19. 135.479 171,740 10.1 11,450 6,252 Relief FXK)r 4.￿8 2.4 Ptry"ects & Events 315 315 18,083 18.398 643 24,715 25.358 Projects 17,675 17.675 723 129,304 41,011 170.315 205.750 5. Staff Costs 2025 2024 Wages ar*J salaiies EmFloyErfs Nl conln"ixJt¥Jns Pernsion c(th"bulKX 51,&35 4.ff24 4,716 62.426 62.551 612024". 8) part time staff vEre eMp￿sEd durvu ￿￿Km1. lequNaent to 2 fiAI tVfE 51aff12024".31)- No emfve5 hal ernpkry￿ t￿effi1S in exce55 of £60.(m (2024". tK)tEI. Two empl(y¥ee5 are C￿￿ered io ￿'keY rnanagern￿t ￿￿n[￿fI2024. mne}. Tfrw reteNd t*twea) them £27.074 in saary fr Iheir empbyment wrth TnJsL £2.166 was paKI iti the Trusfs ￿$m)n scheme on ther t*half. (kne rs tdh a Truslee 6. Alloeatk*n of gov•rnane• eosts Cost typ• -hop• church Basis of apportionment Petson￿l costs ff2.426 4.939 740 68.10S 6.798 494 4.445 Offi￿ tk 146 60,667 Govèmanco eosts: Independent ExaminatTh fee As alkncatal above 7.438 7. TraThsactSons with Trust••s No payments ￿re made lo trustees in ther c4acty as INstees. 8. R•lat•d party transactions One Trustee arKI ckw famity member ofa lJuslee are ￿ated partrs". Ily ￿Cer￿d tel*Een £28.078 in salary their empkryTTrnt wrth Twst. £2.246 Wd5 paKJ mlo Tnjsfs pewjn teh*f. These pay[￿ ae 9. Fee for kndependent Examination A fee of £11M)12024." £11MII vrds paMI IrN*rKknt Eyanl￿1M?n of tt￿ TnJ5f5 SC036059 31.03.25 5of8 ## **Hope Church Glasgow Trust SC036059 Notes to the accounts for the year ending 31 March 2025** |**10. Fixed assets**
**Cost**
At 1 April 2024
Additions
Disposals
**At 31 March 2025**
**Depreciation**
At 1 April 2024
Charge for the year
Depreciation on disposals
**At 31 March 2025**
**Net book value**
At 1 April 2024
**At 31 March 2025**
**11. Debtors**
Accrued gift aid
Prepayments
Other debtors|**Equipment**
**Improvements**
**Total**
**£**
**£**
**£**
33,673
32,993
66,666
-
-
-
32,993
**33,673**
**-**
**66,666**
32,493
32,993
65,486
741
741
32,993
**33,234**
**-**
**66,227**
1,180
-
1,180
**439**
-
**439**
**2025**
**2024**
**£**
**£**
9,516
9,219
2,881
3,914
2,886
3,654
**15,283**
**16,787**| |---|---| SC036059 31.03.25 6 of 8 ## **Hope Church Glasgow Trust SC036059 Notes to the accounts for the year ending 31 March 2025** ## **12. Analysis of funds** |**Fund**
(a) Unrestricted funds
(b) Reserve fund
(c) Support funds
(d) Joint project fund
(e) New Season
(f) Dunfermline Church Plant
(g) Kingdom Legacy
(h) Youth & Children's Ministries
(i) Mission & Vision Offering
(j) Pastoral Leadership Role|**Balance b/fwd**
**Income**
**Expenditure Balance c/fwd**
2,788
143,299
129,304
16,783
10,000
-
-
10,000
607
4,632
4,972
267
535
-
-
535
810
-
582
228
2,774
350
3,124
-
1,536
12,446
13,982
-
4,404
5,279
9,683
-
6,667
-
6,667
-
-
12,881
2,001
10,880
**30,121**
**178,887**
**170,315**
**38,693**| |---|---| ## _(a) Unrestricted funds_ These funds are available to be spent for any of the purposes of the charity. ## _(b) Reserve fund_ Following specific fundraising, this fund was created by the Trust to be held in reserve as a form of security towards paying immediate committed costs e.g. salaries and rent. This contributes towards the Trust's reserves policy described at note 2. ## _(c) Support funds_ The Trust supports certain good causes, in line with its charitable purposes. Donations are at times received specifically for this purpose, and are held in this restricted fund until used. After specific fundraising, part of the fund is available to help those in *hope church who find themselves in financial need. ## _(d) Joint project fund_ These funds, raised at conferences, are for funding projects run jointly with other churches. ## _(e) New Season_ Following specific fundraising, this fund will be used to support costs involved with transitioning to a post-lockdown environment. ## _(f) Dunfermline Church Plant_ This fund is used for income and expenditure specific to the Dunfermline Church Plant project. ## _(g) Kingdom Legacy_ This fund is used for income and expenditure specific to the Kingdom Legacy project. ## _(h) Youth & Children's Ministries_ Following specific fundraising, this fund is used to support a Children's Ministry Leader, and activities of the youth group ## _(i) Mission & Vision Offering_ Following specific fundraising this fund is used to support the life and work of *hope church. ## _(j) Pastoral Leadership Role_ Following specific fundraising this fund is used to support a new Pastoral Leadership Role SC036059 31.03.25 7 of 8 ## **Hope Church Glasgow Trust SCO36059** ## **Year Ended 31 MARCH 2025** ## **Independent Examiner's Report to the Management Committee on the unaudited financial statements of Hope Church Glasgow Trust** I report on the financial statements of the Charity for the year ended 31/03/2025 set out on pages 1-7. ## **Respective responsibilities of the management committee and independent examiner** The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity's trustees consider that the audit requirement of Regulation 10(1) ( d) of the 2006 Regulations does not apply . It is my responsiblitiy to examine the accounts as required under section **44(** 1) ( c) of the Act and to state whether particular matters have come to my attention. ## **Basis of independent examiner's statement.** My examination is carried out in accordance with Regulation 11 of the 2006 Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual disclosures in the accounts and seeks explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts. I have carried out such investigations as were necessary to enable me to form an opinion as to whether proper accounting records adequate for the purposes of the Charity have been kept and the financial statements of the Charity were in accordance with the accounting records. ## **Independent examiner's statement** In the course of my examination, no matter has come to my attention - 1 . which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section **44(1)** (a) of the 2005 Act and Regulation 4 of the 2006 Account Regulations, and - to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations . have not been met. 2. To which, in my opinion, attention shouldbe drawn in order to enable a proper understanding of the accounts to be reached. Signed: REDACTED SC036059 31.03.25 8 of 8