REGISIERED COfvIPANY PIUMBER: 02768301 (England and Wales) BEGISTERED CHARfTY NULVIBER: 1015743 Report oItJLe Trustees FiDancial state¢t$ for the Year F.nded 31 March 2025 or 0rtbampHOpe Qentr Robins & Co 35 Si Leonards Road Northampton North&mptnnshite NN4 8DL
NoLLaEllpl0nlIop£lltr£ ntent f the Financial ear En tateme Page Chairman's Report Report of the Trustees Report of the Independent Auditors Statement of Financial Activities 10 B21aDce Sbeet Cash Flow Statement 12 Notes to the Cash filow Statement 13 Note$ to the Financlal Statements 14 w 22 Detailed Statement of Financial ActiTrities 23 to 24
L orthamp_to e Celltre Chairman's RepLrt f r the Year Ended 31 ML arch 2025 Hope continues to be a voice aud a refuge for thos¢ experiencing homelessness. Eood poverty, and social exclusion across Nvest Nortbamptonshire. Over the last 12 months, we have remained at the forefront of delivering essential services and long-term support foT our community, despits the ongoing challenges of the cost4)f-living crisis and increasing local dettwi¢l Tht's year, we focused on two strategic areas. Our Hope Centre for the Homeless offered vital day-tO-d8y c¢ntre servic&8. a winter Dight sbelteT, and continuous c&8e ivorL collectively reaching over 500 gts. Meanwhile, Hope in the Comtnunity enabled us to proactively prevent ciisis througb food support, skills development, 8d employment programtnes, enhancing stability and long-temi wellbeing for many. We strengthened our partnership with West Northamptonshire CounciL continuing to deliver conunissioned contracts including drng and alcohol support, UKSPF-fimded training. and ihe Grow Cook Eat proe. Thesc collaborations also informed housing pathways and bolstered our capacity for winter provision. Across the year, we delivered over 10,000 food &id interventions, provided training and development opporMnÈties to more than 2,000 individuals, supported over 500 people experiencirLg homel¢sslless through persollalised case work. and ran a night shelier offering accommodation for up to 34 people each night over an 85-day perio None of this would have be¢n possible without the dedication of our staff, volurLt¢ers, fiu)d¢rs, and COLDmunity partn¢rs. W¢ cxtend heartfelt that)ks to cach and every one of you for helping us delivcr hope. Alex Copeland (CEO) alld Sara Homer (Chairpcrsou) Page I
ton NorthpAMu0pe Centre rt of the Triistees for the Year Ended 31 IW1arch 2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, preseut their report with the fitEancial stateIentS of the charity for the yeat ended 31 March 2025. The trnslees have adopted the piovisions of Accounting and Reporting by Charities.. Staternent of Recottunellded Praclicc applicabl¢ to clwities preparing their accounts in accordance with the Financial Reporting st5dard applicable in the trK and Republic of Ireland (FRS 102) (effective l January 2019). ORJEcfIvES AND AcrtVlT]ES Objectives and aims Hope exists to support people affected by homelessness and povety, helping them move from crisi5 to stability through a cornbination of itrllnediate relief. stw¢tted support, and long-tetm interventions. Our mission is lo meet people at theiT point of need and journey with them toward safety, security, and irldependence. In 2024-2025, we d¢tivered OUT services across three key areas.. ¢risis and homeless support. preventative oulrcaGh. and Community food aid. We embedded Irauma-)nfornied prarfic¢ and partnered closely with other organisations, ensuring that our work was person4entred, collaborative. and driven by livd ¢xperien¢e. Short- and Long-Terin Strategic Objectives Our strategic fomcwork for 2024-2029 outlines a clear and ambitlOU5 vision. Wc ain] lo provide daily cri8is serviccs. prevent homelessness through early intervention. cmpower people through education and employmenL and Work with local authorities to fmd sustainable housing solution5. In 2024-2025, we priorilised maintaining seven-day wintCT 5ervi5, supporting over 500 people ID hardsbip Qh week, delivering an average of 20 training sessions per week (whether training foi Ivell-being, training for life, training for employment and tr(iining to support oihcrs) and exploring the feasibility of r¢loGaling lo larger lacilities lo rneel grL)iving d¢mand. SigFJificant acdTrides very asp¢¢l of our dclivery wa5 directly aligncd with our njission. The Day Centre remained open for 326 days. offering cssenlial support services. Our Winter Shelter provided warnith, safety, and sttuclured move-on plans a¥ross 85 nights, benefitirlg over 30 individuals iviih more than 20 transitioning to longer-tem bousing. Training and developTnenl reachcd over 2,000 individuals through more than IOOO+ ses,%ions, and our food prograrnmes enabled over 10.000 affordable food shop visits. Our Community Cafés welcomed over 8,000 visits, offering not just meals but a safe, inclusive space for people to connect and access help. 14ope's work is ade pos8ibl¢ by our cotnmittcd team of Staff and the support of over 250 &clive vftluntecrs. Our services operate from Nvo key delivery lites Oasis House and Ash Street - supported by Yehiclcs and warehouse space used for logistics, food stor&gc, and distribution. Page 2
Northam ton Centre Report of the Trustees for the Year Ended 31 Tr1arch 2025 OBJECTtVES AEID ACTIVITtES Public benefit This year. we provided dect support to more than 550 individuals experiencinn homele.£STLess. We served over 25,000 hot meals and distributed 75.(M)O hot drith. OUT food clubs enabled tnore than 10,000 atford2ble weekly shops. Our training programmes engaged over 2,000 individuals, and our community café was visited more than 8,000 tiULes, demonstrating tbe scale and impact of our inclusive approach. The services Dot only changed lives but saved Rivesl Hope has benefited from an itLcredibly supportive community. Our flagship Big Sleep Out eveThl raised over £25,000. while our Ride4Hope cycling challenge generated more than £65.000. We have also received ongointr support frorn over 30 corporate partners aud numerous schools. faith groups, and individuals who have contributed through Sponsored events, volunteering, and donations. We continue to be incredibly gratefLLI lo West Northamptonshsrc Council who have supported u5 Wlth several grants and conunissioned contracts includinu Support for: Grow, Cook, Eat comnussioned contract, providing training and practical skills lo 'conDunity chaD]PiODS' who then share their knowledge with others. Sustainable Food ¢ommissioned conlracl creating a network of like-minded food businesses, supporting people to access healthy food. Conununity Training Partnership commissioned contract, providillg trairLing to frontline workers and volunteers working with peoplc who arc in fLDaTheial hardship. Drug and Alcohol commissioncd ¢ontract. alloiving us to identify Rough SlecpeTS who need additional support with Drugs and Alcohol. workn'ng as part of NEtrr. - Winter Shclter commissioned cuntract. part-funding the winter night shelter. ~ UKSPF - lunding to support unemployed back into voluntecring or work. IISF _ fvnding to support purchase of food and essential goods for those in fmancial hardship. - Discr¢tionary pot. a contributiori towards the 5UPPOrt of our volunteering pr0grarllns, In addition, we welcome support fro numerous grant and ttusl providers. including Nationdl Lottcry. We cannot do the amazing work we do iviibout the support, so a n]assive thank you lo all who have contribuled to keep Ilope ruTruing over thc past Iw¢lve months. Soci21 Investments The bo¢ial value of our work goes beyond individual oul¢omes. By providing timely and compassionate suppo¢ we help rcduce the strain on etnergency scrvi¢es, prevcnt long-lerni homclessness, and increase CCODomic and so¢ial participation. Our intcrventions create safer, more connccied eomtllunities and support the long-terni Iransfomiation of people's lives. Research by Crisis shows that back in 2012, homelessness in England alonc was costing pllblic seI¢¢S an estimated £1 billion per year, an atnount projected to be al least £1.35 billion in tuday'8 money, given infialion and rising demand. In additior4 supportiJig a single person sleeping rough for a year Cost the public purse around £20,128 #t the timc-a figure that would now equate lo &pproximately £27,000 per person. If ive ivere lo use the figure and muliiply tELC hon]elcss nuinbers we have supported (500), il ivould mean that tor the hornele%s services alonc we are potentially reducing a signjficant proportion of the £13,500,000 homelessness costs to the public purse in West Nurthamptonshire. TTriis ligure docs not incliide the work we do in 'Hope in the CMMUnIty, In prevent 110eleSSness. 'rhese figures highlight how prevcntkng homelessness early-through limely intcrvention, hoLising solutions, Ivrapaioiind support-delivers better outcomes for people and significantly reduce5 Cost burdens on public 8erwiccs over time. Page 3
rthampton Hope Centre Re ort of the Triistees for the Year Ended 31 1arch 2025 OBJECTtVES AND ACTIVITrEs GovernAnce and Structure Flope is govemed by 2 Board of Tnjstees comprising C Manners, M Jones, S Homer (Chair), C Waldillg, P Chauhan, and S Fil¢g¥. The day-to-day operations are led by CEO Alex Copeland arld the Senior Leadership TeatD. Strategic progress is reviewed quarterly, and we rnaintsin robust governance procedures covering fllwice. safeguarding, atLd risk. Remuneration and Subsidiaries The Chair of the Board reviews the CEO'S salary. Salaries for other staff are rnawdged within the a[lla1 budget by the CEO. Ilope EnleTprises CIC reTnain5 dormant, Ivith its assets ITansferred to the main cbarity. STRATEGIC RF,PORT Reserves poljcy Hope's reserves CULTently ¢xceed £200,000. tneeting our policy of holding al least three months, operating costs. Our goal is to increase reserves to £400,000 ov¢r the next five years to cnsurc f]nancial suslainabilily arAd flexibility in 5crvi¢e d¢iivery. Golng concern Whilc there are no immediate risks to the eharity's viability, we remain cautious. Demand for s¢rYices is increasing, and inflationary pressures-particularly on qal<)ries, renl, and ulililies-conlinue to challenge Ihc sector. We are aciively reviewing cxpenditure and seeking elficiencies lo %afeguard the long-temi of Hope. Future plans In the year ah¢ad, we aim to consolidate and expand our work. 'lTris include8 SUStaiJJiug seven-day ivinter provisio securing a nelv, larger premises lo a0M(}date grovrth, and contiJ)uing to deliver our crisis and preventslive services. A strong financial base remaiDS key. and we will maintain focus on income diver5ificalion and cost efficiency. STRUCTURI,, GOVERNADICF, ATr4D LWIIIAGETr1£NT GovernSng document 'Ihe charity is Lontrolld by its governin8 documenL a d¢cd of tNst, aDd ¢onslilules a lilted company, lin]ited by guarantee. as defined by the Companies Act 2006. REFERF,NCE AND èLDfYiIf4]STRATtVE DETAILS Registered Cornpany number 02768301 (England and Wales) Registered Charity number 1015743 Registtred office Oasis House 35-37 Campbell Street Northampton Trustee% Ms P J C Chauhan County Coiincillor S Finnegan F.xpert Witness (appointed 1111212024} Mr5 S M Flomer Director Mrs M Jones Retired C H Imanners Director Ir5 C Waldino Diieclor Page 4
Northam ton Ho e Centre Re ort of the Trustees for the Year Ended 31 iNlarch 2025 REFERENCE AND ADLILyISTRATIVF DETAtLS Company Secretary A J Copeland Auditors Robills & Co 35 St Leonards Road Northatnpton Nonhamptonshire NN4 8DL s'rATEIWLENf OF TRUSTEES, RESPONSIBILITIES The tnte¢S (who are also the directors of Northampton Hope Centre for the pwoses of company laiv) are responsible for preparing tbe Annual Report and tELe finan¢ial stsiemeuts in accordance with applicable law and United Kingdom AG¢ounting Sialldards (United Kingdora G¢netally Ac¢¢pled Accounting Praclicc). Company law requires the trustce% to prepare fLnancial statements for ca¢h financial year which give a true and fair view of the stste of affaiTS of the charitable company and of the incoming resources and application of resources, including thc incoJn¢ and expenditure, of th¢ charitable company for that pcriod. In prep)ng those fm<incial statements, tb¢ trustees are required to select suitable accounting policies and then apply Ihern consistently,. observe the mcihods and principlcs in the Charity SORP,. make judgctnenls and eslimates tbal dre reasonable and prudent- st¢lte whether upplicable accounting stay)dards have been followed, subject lo any malcrial departures disclosed and explained in the fmancial stdtemcnls. prepare the financial statements on the going concem basis unlcss it is inappropriate to presume thal the charitable company will continue in business. The trnstees arc responsible for keeping proper a¢¢ounting rcGords which di5¢1ose with reasonable accuracy at any tirne the fmanLial position of thc Lharitable company and lo enable them to cn8ure that thc fanCial slalemeals Lomply with the Companies Act 2006. They are a150 responsible for safeguarding the asscls of the ¢barilable ¢ompany and hence for takLng r¢asonabl¢ steps for th¢ prevention and dete¢lion of fraud and other irregularities. In so far as the trustees are aware.. there is no rclevant audit infomialion of which the chariiable COTnpaThy's auditors are unaware,. and the trustees havc takeD all steps that they ought Èo have tsken to make themselves aware of any relevJnt audit infomation and to establish that thc audktors are aware of that infomi4ltion. AUDITORS I'he dlld1to, Robins & Co, Nvill bc proposed for rtrappoinlTTLent at the lortlicoming AJu]ual Gencral Mecling. Report of the trLiStees, incorporating a .%tratcgic report, approved by order of the board of trusiees, as the company directors, on 3 Scptcmber 2025 and signed on the board's behalf by.. Mis S M Homer- Trustee
eport of the Independent Auditors to the IeMbe Northam ton Hope Centre Opinion We have aiidited the financial £tatetnen18 of North8mplon Hope Centre (the '¢haritable COEnpall)I for the year ended 31 March 2025 which comprise the Statetnenl of Finan¢L31 Activities, the Balance Sheel the C&h Flow Statement ?d notes to the financi statements, including a SUTtllnary of SifiCallt accoutLting policies. The financial reporting fratrLework that kn been applied tn their preparation is applicable law and United Kingdom AccouThting Staudatds (United kn"ngdO Generally AGCCPted Accountiug Practice). In our opinion the financial stateTnents= give a hue and fair view of the state of the charitable company's affairs &$ at 31 MaTch 2025 and of it5 incotning resoiirces and appli¢ation of resources. including its income and expenditure, for the year Ihell ended. have been properly prepared in accordance with United Kingdom Generally Accepted Accoutlting Pra¢tt"ce' and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordallce with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standard% are furtber described in the Auditors. responSLbilities for tbe audit of the rinancial ststements section of our report. We are indepeThdcnt of the ¢baritable cornpany in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S F.thical Standard. and we have lfilled our other ethical responsibilities in accordance ivith these requirements. We beli¢ve that the audit evidence we have obtaiThed is suffi¢i¢llt and appropriate to provide 4 b&qis for our opiniou. Conclusions relating to going eonccrn tn auditing the financial staletnents, we bave Collcluded that the trustees, use of the going concern b¥is of accounting in Ihc preparation of the fancIal statements is appropriat¢. Bdsed on the work we have perfornied, we have not identified any material uncertainties relating to eyenls or conditions that, indivÈdually or collcctively, may ca8t significant doubt on the charitable company's ability tts continue as a going concern for a period of al least twelve months fiom wh¢n the fLnancial statements are authorised for issue. Our re.%ponsibilities and the rcsponsibilities of the tThstees with respect to goillg concem aTe desLribed in the relevant sections olihis rcpo Other iDformation The trustees arc responsible for the other infom)ation. The other information comprise.8 the infornalion includ¢d in tbe Annual Report, oihcr th(In thc fLnaneial stalemcnls and our Report olthc 5n(lep¢ndenl AudiloTS Ihereon. Our opinion on the fmancial slatcmcnls does not cover the other infom]alion and, except lo the cxtenl otherwise explicitly staled in our report, we do not express any forni of sUranCe conclusion thereon. tn conneclion with our audit of the fanCial statements, our responsibility is lo read thc other information and, in doing so, considcr whether the othei infonnation is materially inconsistcnt with the FanCIal stat¢rLLenls or our knowlcdge obtained ill the audit or otherwise appears to bc m<ilerially misstated. If we identify such malcridl inconsistencie5 or apparent material misstatements, we are required lo delemiin¥ whether thl's gives rise to a rnaterial n)isslalemcnl in the findncial statements themselve5. If, based on the work we have perfortned, we conclude that there i.E a material misstratement of thJ"s other infoTmalion, we are requued to report that facL We ha.£ nothing lo report in thi& rttgard. Opinions OII otber Tnatters prescribed by the Companies Act 2006 ]n our opinion, based on the Nvork undertaken in tTrie coiirse of thc audit.. thc infomialion given in the Report ol the Trustees for the fm&ncial year lor which the financial statements are prepared is consist#nl with the tinaThcial ststcmcnls" and the Report of the Trnstees bas been prepared accordanee with applicablc Icgal reqllir#ments. Page 6
-RcDOrt of the Inde endent Aiiditors to the Ivle 'ortliampton Hope Centre ers of Matters on which we are requfired to repurt by exception Lu the light ol the knowledge and ulldersthding of the chatitable company gnd its environment obtained in the course of audil we bave not identified material misstatements in the Report of the Trustees. We have nothitLg to report itl respect of the following matters where the Companies Act 2006 requires us to report to you if. in our opinion.. adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us,. or the fLnancial statements are not in agreement with Ibe accounting recor¢l8 and rettwDs,' or certain digelosures of trustees, remuneratiou specified by law are not m&de' or we have not received all the infomiation and explanatiorAS we require for our audit. Responsibilities of trustees As explained more fully in the Statement of Tnjstees, Responsibilities. the tnistees (who also the director8 of the charitable company foT the purposes of company laiv) are responsible for the preparatiou of the fancial statements and for being satisfied that they give a tnLe and fair view, and lor such internal control &s the trustees deterni1e is Thecessary to enable the preparation of fu]ancial statements that are free from material mi55tatemetLL whcther due to fraud or error. In prepaiing the fUne1&1 staternenls, the tyslees are responsible for ass¢ssing the Cb]tsb1e cotllpany's ability to eonlinue as <1 going con¢em, disclostng, as applicable, matters ielal¢d to going con¢em and using the going CODcem basis of accounting unless the tnjstees either intend lo liquidate the cliaritable company or to cease operations, or have no realistic alternative but lo do so.
Report of the Independent Aiiditors to the Trlembers of Northam ton Ho e Centre Our responsibilitips for the. 211dit of the financial statements Our objectives are t(1 obtain reOnable San¢¢ about whetber the fu1¢111 statements & a whole are free from material misstatemenL whether due to fraud or etror, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurancc is a high level ol asSanCe, but is not a guarantee that an audit conducted in accordance with ISAS (UK} will atways detect a material misstatcmcnt when it exists. missta1eents can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these fmancial statements. The extent to which our procedures are capable of detecting irreguLaritLes, including fraud is detailed below.. Because of the Lnherent limitatiolls of an audit, there ig a risk that we will not detect all irregularities, including Il]ose leading to a rllalcrial misstatement in the fmancial statements in the fmancial statenLenls or non-compliancc with regulation. This risk increases the more that compliauce with a law or regulation is removed from the events and tsallsactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. Th¢ risk is <ilso greater regarding IegUlarl12eS OCCUng due lo fraud rather than error, as fraud involves intentional coneealmenl, forgery, collusion. omission or misrepresentatiojj. Irregularities, including fraud, are iThslances of non-complianee with18ws and regulations. We de8ign procedures in line with our respoDsibilities, outlined above, lo detect mal¢rial misstatements in rtspect of irregularities, including fraud. The extent to Nvhich our procedures are capable of detecting irregularities, including fraud is detailed below: We obtained an undcrstanding of the legal and regulatory frameworks applicable lo the TNst and ihe sector in vhich il operates. We detcrmine that the following laws and regulations were most signifLcanl.' the Companies Act 2006. UK direct and indircct tsxation law5. We obtained an urAderstanding of how the company is cornplying with those legal and regulatory frameworks by making enquiries of managcment. There are no critical judg¢menls of an unusual nahjrc. Wc hav¢ und¢rtaken high levels of a sub,%lantive testing of opening lind period end balances in the stal'emenl of Financial posltion and have performed a detsiled &nalJtticdl revieiv of thc irA¢ome slalemenc. Pritsr lo commencemcnt of the audit, sthff ivere brief¢d on the risk assessmelll of the susccplibility of the Trnst financial slalements to material misslatcment, including fraud. Audit procedures pcrfomied inclLide'. idcnliEying and assessino the dcbign and ettecliveness of controls management has in place to prevent and detect fraud understanding how the Tru.£tees considcred and addressed the potcntial for override ot coThtiols or inappropriate itthucnce over ttie ftn&ncial reporting process - challenging assumptions and judgLm¢nts made by man&gemcnt iti signiFIcl< nt aceountkng eslirnales whcre appropriate identifying and testing joiirnal entries. in particular any jourllal cnlrics posted with unusual account combinations, ag appropriate assessing the exlenl of compliance ivith laivs and iegul¢tlions Ai the completion stage of the audit the results of audit tests were rc-cxamined io ertqure that they were con.%i%lenl with oui. knic)wledge olihe Trust and did nol wattanl rther investigation cTrfiransactions atLd balances. A fiher description of our responsibilities for the audit of the financial ststemenls is lo¢aled on the Financial Reporting Council's website al ivww.£rc.org.uklaudilorsresponsibililie5. Thi5 de8criplion lorms part of our Report ol the Independent Auditors. Page 8
Report f the Independent Auditors to the IWIembei's i orthatll ton Hoi)e Centre Use of our report This report is made solely to the cFLaritable company's members. as a body. in accordance with Chapter 3 of Part 16 of the Companie5 Act 2006. Our audit work has been undertaken 50 that we might state to the charitable ¢orrApany's members those matters we are required to state to them in an auditors, report and for no other purpose. To the fi]Ilest extent perniitted by law, we do not accept or assume Tesponsibility to anyone other than the ChItable compatLy and the charitable company's metnbers as a body, for our audit work, for ttLiS report, or for the optThions we have formed. Authew Robins (Senior statOry Auditor) for and on behalf of Robins & Cu 35 Si Leonards Road Northampton Northamptonshire NN4 8DL 3 September 2025 Page 9
Northam.pton Hope Centre tate e[El[ctiYLtie CIA 25 2025 Totsl fuDds 2024 Total funds UntrICted Funds Restiicted fimd Notes JTr4COlVtE AND ENDOWTrtENTS FROiWI Donations and legicies 735,068 341,109 1,076,177 912,248 Other trading activities InVestent income Other income 165.123 6,030 7220 165,123 6,030 7,220 102,811 5,980 2,084 Total 913,441 341.109 1254,550 1,023,l23 EXPENDrririiE ON Raising fvnds 50,363 5LI,363 63.602 ChAritable aetiTrities Dir¢Gt Costs 883,724 241,424 1,125,148 952,804 Other 40,769 40,769 51.691 lotal 974,856 241,424 1,216,280 1.068.097 NET DICOML/(ExpEf4DI"I'UIiE) (61,415) 99,685 38,270 {44,974) RFCONCILIATIO.Y 01,. bU¥DS 'fotal funds brought lorward 247,366 118,586 365,952 410,926 TOTAI, FUNDS CARRIED FORNVAJU) 185,951 218,271 404,222 365,952 The notes form part of these Financial statements Pa(Te 10
mpton Ho entre ce heet ar 2025 Total funds 2024 Total fllnds Unrestricted nds Restricted fund Notes FIXED ASSETS Tangible assets Inveslments 12 13 143,424 143.424 138,362 10.932 143,424 143,424 149,294 CURRENT ASSETS Stocks DebtOTS Cash al bank and in hand l4 l5 2,935 70,089 211,120 56,488 22,308 139,475 59,423 92,397 350,595 1,126 54,452 306,095 284,144 218,271 502.415 361,673 CREDI'I'ORS Amounts fallirAg due within one year l6 (241,617) (24l,617) (145,015) NET CURRENT ASSETS 42,527 218,271 260,798 216,658 TOTAL ASSETS LESS CURREN'r LIAJILLI'I'tES 185,951 218,271 4Q4,222 365,952 NET ASSETS 185,951 218,271 404,222 365.952 FUND.S Unrestricted funds Reslri¢l¢d ffLinds 17 185.951 218,271 247,366 118,586 I'OT AL rtrNDS 404.222 365,952 The financial statements were approved by the Board of Trustees and auihorised for issue on 3 September 2025 and were signed on ils belialf by.. S M Homer- Tntee The notes fom] part of these financial 5taietnerAts Page 11
Nortlia ton Lope Centre Stat ment rtheye 25 2025 2024 Notes Cash flows frotll operating activities Cash generated frorn OPCTatiolls 58,53l 104,691 Net cash provided by operating activities 58,531 104,691 Cash floTrvs from iThvestillg actiiities Purchase of lanEible red setS Salc of tanuible f¢d a&8ets Interest received (31,531) 16,750 750 (40.252) 10,000 700 Net cash used in ir¢vesting activities (14.0311 (29,552) Change in cash And cash equivalents in tbe reportillg period Cash and cash equivalents at the beginnin% of tb¢ r¢porting ped()d 44,500 75,139 306,095 230,956 Cash And emsh equivalents at the end of the reporting period 350,595 306,095 The notes form part of these financial slalemenls Page 12
Northam ton llOe Centre Notes to the Cash Flow Statement for the Year Ended 31 March 2025 IiECONCILIATIOJJ OF NET INCOTrIW(EXPENDITUKE) TO NET CASH FLOW FROM OPERATISG ACTIVITIES 2025 2024 Net incomd(eIpenditure) for the reporting period (as per the Statement of Financial Activities) Adjustmellts for: Depreciation charges Profit on disposal of fLxed assets Inter¢st received (IncTeaseFdecrease in stocks (tncreaseydeLrease in debtors Increase in creditors 38,270 (44,974) 27,871 {7,220) (750) (58,297) (37,945) 96,602 10,485 (2,084) (700) 143 131,681 10,140 Net cash provided by operatiolls 58,531 104,691 A'ALYSIs OF CHANGES LY NET FifNDS Al114124 Cash flow Al 3113125 Net cAsh at bank and in hand 306,095 44,500 350,595 306,095 44,500 350,595 Total 306,095 44,500 350,595 The notes forffl part of these financial slalemenls Page 13
Northamp_ton Ho e Centre Notes to the Financial Statements for the Year Endecl 31 Trlarch 2025 ACCOUNTING POLIC Basis of preparing the financial statemeDts The finauGial statements of the charitable compally, which is a public benefLt entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'A¢counting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparkng their auounts in accordance with ihe Financial Reporting Standard <ipplicable in the UK and Republic ol Ireland (FRS 102) (effective l January 2019}', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The fmancial statements have been prepared under the historical cost convention. with the exception of investments which are included at market value. Income All income is recognised in the Sialemenl of Financial A¢tLvili¢s once the ¢iwi"ty has entitlement to tbe llds, it is probable that the incotne will be received #nd the amount Can be measured reliably. Ezpenditure Liabilities are recogni5ed as expenditure as soon as Ihere is a legal or construLlive obligation conumittirAg the charity lo that expenditure, it is probable that a trdnsfer of economic benefits will be required in settlement and the atnount of the obligation can be measured roliably. Expenditure is accounted foT on an aCenlS basis and ha5 been classifLed under headings that aggregate all cost related to the catcgory. Where costs Cdnnot be directly attributed to particular headings they have beeii allocated lo activiti¢s on a basis consistent wilh the of resources. Tangible fixed assets fjepieciation is provided at the following annual rates in order io write off each as5el ovcr it5 Cstimaled useful life. Long leasehold Plant and machinery Fixtures and fittings Motor vehicles Computer equipment Over life of lease 33010 on reduLing balance 25 % on reducing balance 20/0 on Lost 33 % OIJ cost Stocks StocL% ar¢ valued at the lower of cost and net reali5able value, after making due allowance For obsol¢ie and slow moving ilen. Taxatio The charity is exetnpt from corporation tax on its charitable aclivitLCS. Fund accounting Unreslricled funds can be used in accoTdanGe iviih the eharitable objeelives al the discretion ofthe trustees. Restricted fvnds can only be used for particular restricted purposes iviihin the objects of the charity. Restrietions arise when spcciFicd by the donor or ivhen funds are raised for partieulai teslricled purpose5. Further explarLalion of thc naLrc and pUoSe of each fund is included in the notes to the FanCial statements. Pension costs 2nd other post-retiremeDt benefits The charitable cotnpany operdtes a deFmed conttibution pensiori scheme. Contribiitions payable lo the charitable coiiipany's pensioll schetne are charged to the Slalement of Financial Activities iii the period to ivhich they ielale. Page 14 continued.
Northampton Hope Centre t to the Fina for tbe Yea nde ial Ststements- 31 arch 2 ntinued DONATIONS Af*U) LEGACIES 2025 2024 Donations Legacies Grants 295,627 15,381 765.169 308,404 1,351 602,493 1,076,177 912,248 Grdnls receive4 included in the above, are as follows- 2025 2024 Other grants 765,169 602,493 OTHER TRADING ACTIVITIES 2025 2024 Fundiaising evcnts 165.123 102,811 JNVES'fM.EN'f coL 2025 2024 Rents received Interest r¢ceivable- tradiog 5,280 750 5,280 700 6,030 5,980 RAISING FUNDS Raising donations and legacies 2025 2024 FundraisinB publicity & Markcting Co.%1 of Fundraising activity 13,506 10,116 23,145 23,622 23,145 IDvestmeDt managemeut costs 2025 2024 A11St[allve expenses Property repairs 26,741 28,323 12,134 26,741 40,457 Aggregate amounts 50,363 63,602 Page 15 continued...
rtham ton Ho e Centre Notes to t tatements - con ear Ended 31 Tr1areh 2 25 CHARITABLE ACTivrrtES COSTS Support costs (see notc 7) Ditect Costs Tola Direct Costs 1,057,993 67,l55 1,125,148 SUPPORT COSTS Governance costs Finance Other Totals Other resources expended Direct Cvsts 4,440 18,063 4,440 67.155 1,534 47,558 1,534 47,558 22,503 71,595 NET INCOLlE1{EXPENDITURE) N¢1 ineomel(eXpendire) is stsled aft¢r chargin&l(crediting): 2Q25 2024 Auditors, rerrkuneralion Deprccialion- owlled set$ Surplus on disposal of fixed assets 4.440 16,939 (7,220} 4,200 10,484 (2,084) TRUSTEEI S, REfvIUNEI RATION AND BENE& I'I"S 'I'here werc no Ite¢s, r¢muncration or other b¢nefit5 for the year ended 31 March 2025 nor for th¢ year ended 31 March 2Q24. Tru5tees' expenses There were no truste¢s' expense5 paid for th¢ year ended 31 March 2025 nor for the year ended I l March 2024. io. STAFF COSTS 2025 2024 Wages and salaries Social sccurity Cosls Other pension ¢ost8 709,183 57,359 35,802 592,806 50,905 32,459 802,344 676,170 The average monthly number of employees during the year ivas as folloivs-. 2025 26 2024 24 Eng&ed on charitable activiti&q Engaoed on n)anagement and adTninistration 28 26 No eplOyeeS received emolumenis in excess of £60,000. Page 16 conlinLted...
ortham ton op.e Centre Notes to the Financial Statements - continued for the Year Euded 31 Trlarch 2025 ii. COTrIPAiiATtVES FOR THE STATEMEflT OF FtNANCtAL A1VITIEs Unrestricted Funds Restricted nd Total fid5 COME Af+lD ENDONVMENTS FROM Donations and legacies 622,399 289,849 912,248 Other trading activities Investrnent income Other income 102,811 5,980 2,084 102,811 5,980 2,084 Total 733274 289.849 1.023,123 EXPENDITURE ON Raising fidS 63,602 63,602 Cbaritable Activities Direct Lost. 715,917 236,887 952.804 Other 51,69 51,691 TotAI 831,210 236,887 1,068,097 NET INCOTrTE/(EXPENDITURE) 197.930) 52,962 (44,974) RECONC]LIAI'IOTri OF FUNJ)S Total funds brought forsvard 345,302 65,624 410,926 1'0I'AL FUNDS CARRLil) FORWARD 247,366 118,586 365,952 Page 17 continiied...
Northam ton Hope Centre Notes to the Financial Statements - continiied for the Year Ellded 31 March 2025 12. TLNGIBLE FIXED ASSEI'S Fixtures Long leasehold Plant and rnachitLery fittings COST At l April 2024 Additions Disposals Impainnellts 125,459 15,160 1,347 62,590 4,754 (25,459) Ai 3l March 2025 115,160 1,347 67,344 DFPRECIATTOPY Ai l April 2024 Charge for year Inpairments 32,776 813 {25,459) 50,006 3,938 449 At 31 March 2025 8,130 449 53,944 NET BOOK VALUE Al 31 March 2025 107,030 898 13,400 At 31 March 2024 92,683 1,347 l2,584 Motor vehicles Computer cquipment Totals COST Ai l April 2024 Additions Dispus£ils ILnpairtnenls 20,566 35,118 11,617 245,080 31,531 (9,530) (25,459) (9,530) Al 31 March 2025 11,036 46,735 241,622 DEPRECtATIOTri At l April 2n24 C'harge for year ImpairrnetLts 23,936 8,980 106,718 16,939 (25,459) 2,759 Al 31 March 2025 2,759 32,916 98,198 TrIET BOOK VALUE Ai 31 March 2025 8,277 13,819 143,424 Al 31 March 2024 20.566 11,182 138,362 Pa(Te 18 continued...
Northam ton e Centre otest t ancial State f r the Year Ended 31 arch 2025 continii 13. FIXED ASSET sTlENTs UnEisted investmellts IWIARKET VALUE At l April 2024 tmpairments 10,932 (10,932) At 31 March 2025 NET BOOK VALUE At 31 Marcb 2025 At 31 March 2024 10,932 There were no investment assets olltside the UK. 14. STOCKS 2025 2024 Stocks 59,423 1,126 15. DEBTORS: AMOUNTS fALLtNG DUL IVtTHlIY OLYE YEAR 2025 2024 l-rade debtors OtE]er d#biors Prepayments and accrued income 53,353 147 38,897 13,522 17.383 23,547 92,397 54.452 16. CRF.DITORS., ATrIOUNTS Tr AI,LJP4C. DIJF. WITHIN OPIE I'EAR 2025 2024 Trad¢ ¢redilors Social security and other taxes Other creditors Accruals and delcrred incorne 27,717 14,881 9.917 189,102 20.380 28,868 95,767 241,617 145,015 Page 19 corLtinued...
to i 0rthaMthlle Cent otest t ncial for th Year Ended tsternen Marc 2025 continued 17. EVIOVEMENT ITr1 Fuf4DS Net movement in funds At 3113125 Ai 114124 Unrestricted funds Unrestricted Funds 247,366 (61,415) 185,951 Restricted funds Restricted Funds 118,586 99,685 218,271 TOTAI, FUNDS 365,952 38,270 404,222 Nel movcment in funds, included in the above are as follows.. Lneoming resources Resourknes expended Movcment in funds Ullrestricted funds Unrc5tri¢led Funds 913,44l (974,856) (61,415) Restricted funds Restricted Funds 341,109 {241,424) 99,685 TOTAL fuNDS 1,254,550 (1,216,280) 38.270 Comp3ratives for tnovement in funds Nel mavcment in funds At 3113124 At114123 Unrestricted funds Unrestricted Funds 345,302 (97,936) 247,366 Restricted funds Restricted Funds 65,624 52,962 118,586 TOTAI. FUNDS 410,926 (44,974 } 365,952 Page 20 continued...
N rthampton Ho e Centre Notes to the Financial State ents - contin fort ar E4 niled 3 IWIarch 202 17. ]*I0vEIENT IN FUNDS- continued Comparative net movement in fjjnds, included in the above are as follows.. IncomiD(y resources Resourc expended Movement in funds Unrestricted funds Unrestricted Funds 733,274 (831,210> (97,936) Restricted funds Restricted Funds 289,849 1236,887) 52.962 TOTAL FUNDS 1,023,123 (1,068,097) {44,974) A Cuent year 12 months and prior year 12 months combined position is as follows: Nct tnovemcnt in fijnds At 3113nS At114123 UDrestricled funds UDrcstriLled Funds 345,302 1159,351) 185,951 Restrleted funds Restricted Funds 65,624 152,647 218,271 TOI'AL FUNDS 410,926 (6,704} 404,222 A curr¥Thl year 12 months and prior ycar 12 months combined llet movement in tunds. included in the abovc are as follows.. Incoming resources Resources eKpended Movement in ndS Unrestricted funds Unrcstricted Furids 1,646,715 (1,806,066) (159,351) Restricted funds Restricted F'unds 630,958 (478,311 } 152,647 TOTAL FUNDS 2,277,673 (2,284,377) (6,704) Paue21 conlinLied...
NOrthtOn Hope Centre to the Financial State ents- continiie for the Year Ended Iarch 2025 18. RELATÈD PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. Page 22
Northam tonH entre etailed Finan Activities 25 2025 2024 INCOKE AND EfiDONlTrtENTS Donations and legacies Donations Legacies GrarLts 295,627 15,381 765.169 308,404 1,351 602,493 1,076,177 912,248 Other trading activities Fundraising events 165,123 102,811 Investment IDeome Rent5 received nterest rcceivable- trading 5.280 750 5.280 700 6,030 5.980 Othcr income Gain on sale of tsngiblc fixed assets 7,220 2.084 "rotal incomfing resources 1,254,550 1,023,l23 EXPENDITifRF. Raising donations and legacies I'undraising publicity & Mker]ng Cost of Fundraising activity 13,506 10,116 23,145 23,622 23.145 Investment IllAn%gement costs Adtninistralive expenses Property repairs 26,741 28,323 12,134 26,741 40,457 Charitable 2¢tivlde$ Wages Social security Pcnsions Costs 709,183 57,359 35,802 255,649 592,806 50,905 32,459 203,459 1,057,993 879,629 Other Recrnilment expenses Staff BenefLIs Carried for¥vard 3,125 1,188 730 1,918 3,654 This page does not form part of the stal0ry financial slalements Page 23
to t11amu0 e Centre Detailed Statement of Financial Activities for tbe Year Ended 31 IV1arch 2025 2025 2024 Other Brought fonvard Volunteers, expenses Training and welfare - staff Tnvel and subsistence - staff Other expenditure Depreciation of tangible f]xed assets 3,654 1,509 3,020 275 1,918 602 1,339 33,147 10,485 27.871 36,329 47,491 Support costs FinaDce Bat]k Charges I,534 1,238 Other Rates and water Light and heal Cleaning and waste management 10,010 37,548 10,010 47,171 3,633 47,558 60.814 GoveTnance Losts Auditor5, remuneration Accountancy dnd legal fees Consultancy f¢es 4,440 4,753 13,310 4.200 11,123 22.503 15,323 Total rcsourccs expended 1.216,280 1,068,097 Net incomel(expenditure) 38,270 {44,974) Th&s page does not fortn part of the slahilory fiii ancial statements Page 24