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2023-12-31-accounts

REGISTERED COMPANY NUMBER: 03022470 (England and Wales)

REGISTERED CHARITY NUMBER: 1044475

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 December 2023

for

HOPE UK

Dalton Pardoe Limited Chartered Accountants 794 High Street Kingswinford West Midlands DY6 8BQ

HOPE UK

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Contents of the Financial Statements for the Year Ended 31 December 2023

Page
Report ofthe Trustees 1 to Il
Independent Examiner's Report 12
Statement ofFinancial Activities 13
Balance Sheet 14 to 15
Notes to the Financial Statements 16 to 24
DetailedStatementofFinancialActivities 25 to 26

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HOPE UK

Report of the Trustees for the Year Ended 31 December 2023

The Trustees of Hope UK who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 1 January 2023 to 31 December 2023.

This report has been prepared in accordance with the accounting policies set out in note | to the accounts and complies with the charity's Memorandum and Articles of Association, the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

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).

Vision, Mission and Aims of the Charity:

Hope UK's vision is to see children and young people in Britain living confident, healthy, drug-free and fulfilling lives.

Our mission is to equip children and young people throughout the United Kingdom to develop the knowledge and life skills they need to make drug-free choices.

Hope UK's aims are:

Public Benefit

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Hope UK's Trustees believe that the charity clearly meets the public benefit requirements of charity law. This is demonstrated by the activities reported upon in this document in furtherance of the charity's objects which are focused on equipping young people to make drug-free choices by providing information and teaching life skills to children, young people and their parents; training children's, youth, family and church workers; and developing our youth membership branch.

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HOPE UK

Report of the Trustees for the Year Ended 31 December 2023

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ACHIEVEMENT AND PERFORMANCE

Activites and Achievements

In 2023 we sought to increase the number and quality of the sessions and activities we took. Overall, we took more than 800 sessions and activities more than in 2022. We continued to work with various Junior Citizen's schemes throughout London and Surrey but significantly increased our longer-term work with schools and voluntary youth organisations - including delivering our eight session Drugs, Life and You course, which we had not been invited to lead since 2019.

In-Person Sessions

In 2023, we took 2899 in person sessions, working with 37,185 people. (This was an increase of about 600 in person sessions more than 2022 - where we took 2240 sessions) These sessions are usually a mixture of drug information and related issues - including county lines, recognising grooming, and life skills. This year we worked with a wide variety of ages and groups. Sessions included working at summer camps hosted by the Lord's Taverners, teaching at the Brompton Foundation transition days, running activities at Scouts and Cubs groups, training for NHS staff, Street Pastors and Street Angels, and our usual work in schools, colleges and youth clubs. Our CEO was also invited to speak at an online conference, hosted by the Westminster Forum, about the role of drug prevention within the government's drug strategy ‘From Harm to Hope'. This has already led to interest in our work from local authorities.

Drugs, Life and You

This is an eight-session course aimed at young people helping them learn more about drugs and develop life skills to manage situations they find themselves in. The sessions are: An introduction to life skills, drugs, decision making, healthy relationships, developing peer resistance skills, growing confidence, self-esteem, and protective behaviours.

In 2023 we were invited to deliver three of these courses - for a youth club in Northwood, a group of 11-13-year-old boys in Swindon, and a church youth group in Sheffield.

| Detached work and exhibitions : At a detached work stand we meet with members of the public as individuals, families or small groups. We usually have | a focus but can be very flexible to respond to the needs of the person or people we are working with. We can spend : anything from five minutes to more than an hour with people - and when we are at an event for a few days we change the activities at least once a day, so people often visit our stand several times. This helps us develop a kind of informal ‘mini session' for individuals and small groups. This year, national exhibitions included CRE, Big Church Day Out, National Youth Ministry Weekend, and New Wine. Staff and volunteers also ran stands at community events, hospitals, careers fair and a Christmas market. In 2023 we were also invited to speak at some of the events we were exhibiting at - including two workshops at CRE and one at the National Youth Ministry Weekend.

Generation Hope

Generation Hope is the youth branch of Hope UK. One of the aims of Generation Hope is to help the young people get involved with our work, and this year Generation Hope young people helped at (or led) activities and stands at Big Church Day Out, Junior Citizens and Carol Singing.

However, we do not currently have a youth worker to lead Generation Hope, due to lack of funding, so we were unable to host any residential events or day workshops for Generation Hope in 2023. We did host a Generation Hope event at our Annual Conference, where they had their own programme for some of the time and participated in the general programme as appropriate.

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HOPE UK

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Report of the Trustees for the Year Ended 31 December 2023

Junior Citizens

In 2023, Hope UK participated in 21 Junior Citizenship schemes (14 in 2022), reaching a total of 27,000 year 6 pupils (18,000 in 2022). The Junior Citizens Scheme is a "fast-paced, multiple-agency event" run in some local authorities for Year 6 students (and occasionally Year 5s). Schemes can be run either by agencies such as the Metropolitan Police, TfL, or local borough councils.

At a Junior Citizenship Scheme, there is a carousel of activities with up to ten different agencies delivering short sessions on topics relating to good citizenship. Pupils complete a circuit of scenarios in small groups, learning through experience and real-life risk situations that test their ability to make responsible decisions. The events last for half a day.

In our session, we ask the pupils to identify a variety of substances and decide whether each one is 'good for you' or 'not good for you' and to say why. Each substance is chosen either because it is a substance they will come into contact with, or because it helps us with a specific message, often both.

Junior Citizens Kettering

In July 2023 we hosted our own Junior Citizens project in our building in Kettering and were very grateful for the support of Northamptonshire First Responders, Fire Service, PCSO's and Healthy Schools, who each led scenarios | alongside our own team of staff and volunteers. Several Kettering schools attended the event over a week, and we plan | to repeat this in 2024.

Other events

Songs of Praise:

The July episode of Songs of Praise was titled "Temperance and Temptation’ and looked at the work of temperance organisations. The programme considered the present-day work by this movement by focusing on our work, and Mary, our Press Officer and long-term voluntary drug educator was filmed taking a drug awareness session with a youth group and talking about our current work.

Vaping Survey:

We decided to find out what people at a summer festival knew about vaping - to compare the knowledge of different : age groups! So we ran a survey with anyone who came near our stand. The full survey is available to read on our website. We found that young people involved with the church were less likely than the national average to be vaping, and that most parents and guardians did not feel equipped to talk to their children about vaping. As a result of this survey, Hope UK hosted online training sessions for parents and others to learn about vaping, and we have developed an e-learning unit available for people to use.

New Website:

In the last few years we have added many new resources to our website, and we were aware that it needed to be clearer and simpler to find things - so we spent time re-designing a new website, which was launched towards the end of 2023.

Band of Hope Session:

As a former Temperance Society (UK Band of Hope Union) we have a wide range of archive materials. In 2023 we used some of these to develop a resource for schools and others to use with primary age children - a Band of Hope (Victorian) youth club. Activities include songs, readings, games, and a magic lantern show (now an online video!). It is already on our website and will be fully launched in 2024.

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HOPE UK

Report of the Trustees for the Year Ended 31 December 2023

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Quiz Night:

We hosted a quiz night in our Kettering office. We had a full house of people from various groups and local businesses who joined us for an evening of quizzing and food, donating to Hope UK for the privilege!

Online sessions

We continued to offer online courses, aimed at adults. In 2023, we delivered 10 courses, and attendance grew slowly.

E-Learning

We have eighteen e-learning units freely available for people to use in their own time. In 2023 these were used on 914 occasions from June, when we started to record use.

Online School Resources

For a small charge, schools can access a range of lesson plans and resources written for all stages in the National Curriculum. In 2023, 26 schools began to use these resources.

Local Work and Locally Affiliated Groups

Where we have been left, or given, sums of money, we have been encouraging local people to set up locally affiliated groups, to support the work of their local staff member. One group - Kettering Temperance Society - already existed and operates now under the working name 'Hope UK Northamptonshire’. The local worker also works part time with the NHS, and in 2023 we were able to deliver 50 sessions in and around the Kettering area.

| Hope UK Sheffield has begun to support the work of their local project worker. In 2023, there were 33 sessions completed in the Sheffield area including one eight-session ‘Drugs, Life & You' course. They reached over 500 children | and young people, and more than 50 adults. The team currently includes the project worker and three officers, with two : volunteers who are part way through their basic training. : We started a new local worker in the East Midlands, and Hope UK East Midlands was set up by some local volunteers to support this work. The worker started in June 2023, and has mostly concentrated on networking with local agencies, | but was also invited to take 22 activities in his area. | Trustees decided to formally end the paid work in Watford, as the money had ended, although we do still have : volunteers in the area. They are supported by our Volunteer Co-ordinator. | Social Media | Hope UK is active on Instagram, Facebook and Twitter, using these platforms to promote our work and highlight drugrelated issues. In 2023, we increased our followers and interactions in all these social media sites.

Annual Meeting and Conference:

Our Annual Meeting was held in April, at our Annual Conference. This was attended by staff, trustees, volunteers, Generation Hope members and supporters. We used the event to get people caught up with new resources and activities, update their drug knowledge and give people a chance to practice their skills.

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Report of the Trustees for the Year Ended 31 December 2023

| The training course used to train our educational volunteers is accredited with the Open College Network and consists | of 120 hours of distance and online learning and four (usually residential) practical training weekends. | | Our volunteer team has sadly still not fully recovered from the effects of Covid and the lockdowns. Many of the team | stood down as they struggled with other issues. However, we did see a gradual return to engagement and activity by the current volunteers and were able to start training a very small group (4) of new volunteers before the end of 2023.

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Staff Team

Our staff team in 2023 included five full time members of staff - CEO, Finance Officer, Administrator, Fundraiser and Volunteer Support Co-ordinator. There are three part-time local workers in Sheffield, Northamptonshire and East Midlands. We have an assessor employed part time, and a part-time PR and press officer.

The Volunteer Drug Educators

For the last 29 years, Hope UK has been training suitable volunteers to become Drug Educators in their own communities, working with children and young people in schools, colleges, pupil referral units, hostels, youth groups, and from stands in busy streets and marketplaces. Drug awareness sessions are also provided for parents, teachers and other professionals to enable them to include drug education in their work with children and young people.

Educators can volunteer to run ‘detached’ stands - working in very informal environments (for example, a shopping centre) doing drug-prevention activities with passers-by. They also help with Generation Hope.

We currently have 84 volunteers. Some of our volunteers have been very active this year - particularly at JCS sessions | and exhibitions, and have been initiating their own local bookings, and this helped Hope UK increase our work. | Our volunteers are the core of our work, and rebuilding and developing our team continues to be a priority going | forward.

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HOPE UK

Report of the Trustees for the Year Ended 31 December 2023

ACHIEVEMENT AND PERFORMANCE

Plans for 2024

In 2024, we aim to continue building on the growth experienced in 2023, and:

| Activities, Achievements and Plans for Scotland We do not currently have an employed member of staff in Scotland. Our volunteer manager continues to support the two active volunteers and we hope to recruit more volunteers in the future. Our volunteers engaged in activities where : possible - including regular (weekly) one-to-one work with families.

Affiliations

Hope UK is a member of the Evangelical Alliance and the National Council for Voluntary Organisations (NCVO). 2 Hope UK is a recognised training centre for the Open College Network London. Our fundraiser represents Hope UK at , BNI Kettering and The Business Room. | FINANCIAL REVIEW : Control Systems | Hope UK's Trustees have overall responsibility for ensuring that there are appropriate control systems, financial and otherwise, which provide reasonable assurance of:

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HOPE UK

Report of the Trustees for the Year Ended 31 December 2023

FINANCIAL REVIEW

Risk Factors

The Trustees consider that areas of risk fall into two overall areas of finance and infrastructure (income, expenditure, buildings, equipment, ICT and security); and personnel and operational issues (recruitment, training, provision of talks and training by staff and voluntary educators, health and safety, management systems, employment legislation issues, safeguarding, and confidentiality).

The Trustees have mitigated the finance and infrastructure risks by:

The Trustees have mitigated the personnel and operational risks by:

Governance In 2022, trustees began a process of reviewing all areas of governance, using the Charities Governance Code, produced by NCVO and others. This process continued in 2023. Trustees were happy that mostly we were acting in line with the code - where some issues were identified relevant changes were initiated as soon as possible, at least by the next trustee meeting.

HopeResources UK relies on income from trusts, companies, other voluntary organisations (like churches), and individual donors. An investment portfolio (see below) is managed to produce income in the form of dividends and interest.

As a service-providing charity, Hope UK normally does not make grants to other charities. However, the Trustees reserve the right to make small grants to organisations that will further Hope UK's aims.

Hope UK's capital resources relate to the 25(F) Copperfield Street property which had been used as the national office and was held on a 999-year lease. This was sold in 2017 to provide further operating capital for the work of the charity.

Fundraising

We employ one full-time fundraiser. Trusts continued to support our work in 2023 and we are very grateful for them. : We also used our social media campaigns to raise funds and awareness. In October, we hosted our annual 'Coffree' event, where people give up drinking coffee (or tea, or other caffeinated drinks) for one month, and donate the money saved to Hope UK. As mentioned earlier, we also hosted a quiz night to raise money.

Sadly some people raise money for us in memory of a family member who has died as a result of drug use. Ben Sellers ran three marathons in three days in honour of his brother, Jon who died age 33, mixing drugs with alcohol. Ben involved his whole community and raised money for and the profile of Hope UK.

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HOPE UK

Report of the Trustees for the Year Ended 31 December 2023

FINANCIAL REVIEW

Investments (Reserves)

Hope UK's Capital Reserve originated primarily from funds provided by the sale of a central London property in the 1990s, which was purchased in the 1930s after a fundraising appeal. The current value has been influenced by the rise and fall of stock values as well as the planned sale of investments to fund the development of educational work.

At the end of 2023, there was £368,474 (£547,921: 2022) held in reserve, comprised of £337,715 unrestricted reserves and £30,759 restricted reserves of which some are for use in specific geographical areas. The majority of these funds (£362,015) were held in investments managed by Brewin Dolphin, the balance held on deposit with Bank of Ireland.

Income for the year under review totalled £125,896 (£96,916: 2022). Expenditure for the year totalled £306,357 (£322,420: 2022). Gains on investments in the year under review totalled £1,014 in-comparison to losses of £109,257 in 2022,

After accounting for all expenditure and investment gains/losses for the year, the financial statements show overall net expenditure of £179,447 to have been incurred (£334,761 net expenditure: 2022).

A Finance Group meets at least five times a year as a sub-group of trustees reporting and making recommendations to the Trustee board. In 2023 this group, after discussion with our investment managers, moved our investments to lower risk funds.

To comply with the charity's objects, the Trustees have implemented an ethical investment policy prohibiting investment in companies dealing with alcohol, tobacco, gambling and pornography.

Trustees have a policy to use reserves to support the work of Hope UK until the value of our reserves fall to six months' worth of expenditure. We enter this year with just under twelve months' worth of reserves, and trustees continue to monitor this and will take appropriate action where necessary.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Hope UK is a registered charity in England, Wales and Scotland (1044475 registered on 24th February 1995 with the Charity Commission for England and Wales; and SC040550 registered on 2nd June 2009 with the Office of the Scottish Charity Regulator) and also a company limited by guarantee in England and Wales (3022470 incorporated on 16th February 1995).

Hope UK (formerly the UK Band of Hope Union) was established under a Memorandum and Articles of Association which sets out its objects and powers. In the event of the company being wound up its Trustees are required to contribute an amount not exceeding £1 each.

Recruitment and appointment of new trustees Hope UK's Trustees, who are also Directors for the purpose of Company Law, are normally appointed for three-year terms at the Annual Meeting. Should a casual vacancy occur, then a Trustee may be elected to fill the remaining term of that vacancy. All Trustees must be members of Hope UK. Trustees retire by rotation and, if nominated, are able to offer themselves for re-election at the Annual Meeting. One trustee, Ruth Groome, sadly had to retire on personal grounds in May 2023.

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The Trustees bring a wide range of professional and voluntary experience, including that of church pastor, youth worker, support officer for fostering and adoption, civil servant, optometrist, school governor, scientist, accountant, actor and cost assurance manager.

Most of Hope UK's drug education and prevention work is delivered by voluntary Drug Educators. Eight of the Trustees are also voluntary Drug Educators and bring this experience to their roles.

From time to time the Trustees consider the mix of skills and experience represented amongst them and, when appropriate, have sought to maintain a broad mix by actively seeking nomination for suitably experienced individuals.

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HOPE UK

Report of the Trustees for the Year Ended 31 December 2023

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7 - so far as we are aware, there is no relevant audit information of which the company's independent examiner is | unaware; and | - as the directors of the company we have taken all the steps that we ought to have taken in order to make ourselves | aware of any relevant information and to establish that the charity's independent examiner is aware of that information. |

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational structure

The Chief Executive Officer is accountable to the Trustees, who are provided with monthly updates of the charity's work, The CEO participates in Trustee meetings but has no vote. Trustees meet six times per year including the Annual General Meeting held in April. Trustee subgroups have been established to consider topics such as youth involvement, vision, marketing, fundraising, and finance.

In 2023, Hope UK had five full-time HQ staff members who functioned as one integrated team, though with differing responsibilities. There were three part-time Local Project Workers responsible for recruiting and supporting volunteers as well as delivering drug education in Northamptonshire, Sheffield and East Midlands. We have a part-time PR and Press Office, and a part-time assessor.

We drew up a three-year plan at the end of 2021, to cover 2022 - 2024. This working document is used to inform our work going forward.

Induction and training of new trustees

New trustees are given access to the NCVO's 'Good Trustee Guide', and an explanation of the role and responsibility of Trustees is included as part of the recruitment process. New trustees often attend NCVO training for new trustees. They also have meetings with the Chair, CEO, and Treasurer.

Trustees are sent Charity Commission Guides and other helpful information when they become available. Any training opportunities are forwarded to Trustees (for example, from our investment managers). All Trustees are encouraged to attend the Annual Drug Educators' conference and Annual Meeting day to meet members as well as those who are providing drug education on Hope UK's behalf, participating in the training that takes place at this event. Specific items which require training or further information are addressed as part of a Trustees' meeting. Occasionally trustees run short training courses for each other in their specialist area,

Responsibility of the Management Committee (Hope UK’s Trustees) Company law requires the Management Committee to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the Management Committee should follow best practice and:

The Management Committee is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Management Committee is also responsible for safeguarding the assets and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Members of the Management Committee

Members of the Management Committee, who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 3.

In accordance with company law, as the company's directors, we certify that:

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HOPE UK

Report of the Trustees for the Year Ended 31 December 2023

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REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number — 03022470 (England and Wales)

Registered Charity Number 1044475 (England & Wales) S$CO40550 (Scotland)

Registered Office 50 Gold St Kettering Northamptonshire NN16 8JB

Trustees Folajimi Ayodele Adedoyin (Chair) (reappointed 15/04/2023) Christina Becares (Treasurer) (reappointed 15/04/2023) Ruth Groome (Vice-Chair) (resigned 19/05/2023) Ann Oretha Small (reappointed 15/07/2023) Beverley Lola Mayers (appointed 15/04/2023) Dannielle Kydd-Sinclair (appointed 10/04/2021) Olafunke Deniran (appointed 15/04/2023) Joseph John Banton (reappointed 09/04/2022) Kate Sandison (reappointed 10/04/2021) Michelle Annette Arthurton (appointed 10/04/2021) Olayinka Adewale Ayeni (appointed 10/04/2021)

Chief Executive Officer Sarah Tait Brighton

Secretary Sarah Tait Brighton

Independent Examiner Colin Dalton FCA Institute of Chartered Accountants in England and Wales Dalton Pardoe Limited 794 High Street Kingswinford West Midlands DY6 8BQ Solicitors Wedlake Bell LLP 52 Bedford Row London WCIR 4LR

Bankers Bank of Ireland P O Box 2124 Belfast BT1 9RS

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HOPE UK

Report of the Trustees for the Year Ended 31 December 2023

Investment Managers Brewin Dolphin 12 Smithfield Street London EC1A 9BD

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on| |2c24 and signed on its behalf by: Ayo[bblAdedoyin - Chair - Trustee 13-04-2024 f~oLAgim: Gyedere Edeboyiny

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Independent Examiner's Report to the Trustees of HOPE UK

Independent examiner's report to the trustees of HOPE UK (‘the Company') I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

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Colin Dalton FCA

Dalton Pardoe Limited Chartered Accountants 794 High Street

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Kingswinford West Midlands DY6 8BQ Date: cent 2= | [BOMeT

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HOPE UK

Statement of Financial Activities for the Year Ended 31 December 2023

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||||||||| |---|---|---|---|---|---|---|---| |31.12.23|31.12.22| |Unrestricted|Restricted|Total|Total| |funds|funds|funds|funds| |Notes|£|£|£|£| |INCOME|AND|ENDOWMENTS|FROM| |Donations|and|legacies|2|91,227|11,274|102,501|71,090| |Charitable|activities|4| |Income|7,035|1,520|8,555|6,338| |Investment|income|3|12,178|2,662|14,840|19,488| |Total|110,440|15,456|125,896|96,916| |EXPENDITURE|ON| |Raising|funds|5|46,928|960|47,888|54,350| |Charitable|activities|6| |Expenditure|243,884|14,585|258,469|268,070| |Total|290,812|15,545|306,357|322,420| |Net|gains/(losses)|on|investments|829|185|1,014|(109,257)| |NET INCOMEKEXPENDITURE)|(179,543)|96|(179,447)|(334,761)| |Transfers|between|funds|17|69,616|(69,616)|-|-| |Net movement|in|funds|(109,927)|(69,520)|(179,447)|(334,761)| |RECONCILIATION|OF FUNDS| |Total|funds brought|forward|447,642|100,279|547,921|882,682| |TOTAL FUNDS CARRIED FORWARD|337,715|30,759|368,474|547,921|

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CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

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The notes form part of these financial statements

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HOPE UK

Balance Sheet

31 December 2023

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |31.12.23|31.12.22| |Unrestricted|Restricted|Total|Total| |funds|funds|funds|funds| |Notes|£|£|£|£| |FIXED|ASSETS| |Tangible|assets|12|459|-|459|1,121| |Investments|13|331,256|30,759|362,015|529,763| |331,715|30,759|362,474|530,884| |CURRENT|ASSETS| |Debtors|14|4,633|-|4,633|2,774| |Cash|at bank|14,380|-|14,380|26,072| |19,013|-|19,013|28,846| |CREDITORS| |Amounts|falling due|within|one|year|15|(13,013)|-|(13,013)|(11,809)| |NET CURRENT ASSETS|6,000|-|6,000|17,037| |TOTAL|ASSETS|LESS|CURRENT| |LIABILITIES|337,715|30,759|368,474|547,921| |NET ASSETS|337,715|30,759|368,474|547,921| |FUNDS|17| |Unrestricted|funds:| |General|fund|337,715|447,642| |Restricted|funds|30,759|100,279| |TOTAL FUNDS|368,474|547,921|

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The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended : 31 December 2023 in accordance with Section 476 of the Companies Act 2006. : The trustees acknowledge their responsibilities for ? (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and ; (b) preparing financial statements which give a true true and fair view view of the the state of affairs affairs of the the charitable company as : at the end of each financial year and of its surplus or deficit for each financial year in accordance with the

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The notes form part of these financial statements

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HOPE UK

Balance Sheet - continued 31 December 2023

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financigl statements were approved by the Board of Trustees and authorised for issue on ey | aceon and were signed on its behalf by:

hdd PG. (3- O4~ Zaz. Ayo Adedoyin - Chair - Trustee - Ny Ferarim: Ayobere Adesoviny

The notes form part of these financial statements

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HOPE UK

  1. ACCOUNTING POLICIES

Notes to the Financial Statements

for the Year Ended 31 December 2023

Basis of preparing the financial statements

The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

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 an accruals 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.

| Fixtures and fittings - 33% on cost | Computer equipment - 33% on cost | Taxation | The charity is exempt from corporation 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.

Going concern

The trustees consider that the charity remains viable for the year ahead.

|

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HOPE UK

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

2. DONATIONS AND LEGACIES
31.12.23 31.12.22
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Donations and gifts 63,944 11,274 75,218 36,840
Grants for core activities 25,150 - 25,150 33,250
Legacies 2,133 - 2,133 1,000
91,227 11,274 102,501 71,090
3. INVESTMENT INCOME
31.12.23 31.12.22
Unrestricted Restricted Total Total

Income from listed investments funds
£
11,878		 funds
£
2,662
Deposit account interest 300 - 300 198
12,178 2,662 14,840 19,488
4, INCOME FROM CHARITABLE ACTIVITIES
7
:		 31.12.23
Income		 31.12.22
Total
activities
** **
£
£
Income from service provision
8,555
6,338
5. RAISING FUNDS
.
Raising donations and legacies
31.12.23 31.12.22
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Fundraising and publicity 43,412 173 43,585 45,934
Investmentmanagement costs 3,516 787 4,303 8,416
46,928 960 47,888 54,350

| [

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HOPE UK

  1. CHARITABLE ACTIVITIES COSTS

| | | |

| |

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

6. CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 7)
£
Expenditure 258,469
7. DIRECT COSTS OFCHARITABLE ACTIVITIES
31.12.23 31.12.22
£ £
Salaries
Depreciation
Directproject costs		 195,009
663
12,649		 197,700
663
12,553
Training 15,550 15,522
Telephone 3,096 2,740
Postage
Insurance
Computercosts
Property expenses
Leasingcosts
Sub cription
Bank charges
HR support		 2,235
2,626
2,703
7,540
3,264
31
268
163		 2,553
2,550
3,714
12,057
4,413
1,476
328
(348)
Office expenses 4,282 7,317
Accountancy support 750 660
Governance costs 4,357 4,172
258,469 268,070
8. NETINCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.12.23 31.12.22
£ £
Depreciation - owned assets 663 663
Operatingleases-other 3,264 4.413

9, TRUSTEES' REMUNERATION AND BENEFITS

The following trustees received a salary from the charity: S. Brighton (CEO) £49,133 (£48,150 : 2022)

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Notes to the Financial Statements - continued for the Year Ended 31 December 2023

| |

9. TRUSTEES' REMUNERATION AND BENEFITS- continued

Trustees’ expenses

Trustees were reimbursed for expenses in the year amounting to £1,321 (2022 : £1,006)

  1. STAFF COSTS

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

,

: |

: : | :

|

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |31.12.23|31.12.22| |Fundraising|and|publicity|1|]| |Charitable|activities|7|10| |Support|2|__2| |10|13| |There|were|no|employees|whose|annual|emoluments were £60,000|or more.| |11.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES| |Unrestricted|Restricted|Total| |funds|funds|funds| |£|£|£| |INCOME AND ENDOWMENTS FROM| |Donations|and|legacies|64,131|6,959|71,090| |Charitable|activities| |Income|4,633|1,705|6,338| |Investment|income|16,804|2,684|19,488| |Total|85,568|11,348|96,916| |EXPENDITURE|ON| |Raising|funds|$3,137|1,213|$4,350| |Charitable|activities| |Expenditure|250,849|17,221|268,070| |Total|303,986|18,434|322,420| |Net|gains/(losses)|on|investments|(94,049)|(15,208)|(109,257)| |NET INCOME/(EXPENDITURE)|(312,467)|(22,294)|(334,761)| |Transfers|between|funds|301|(301)|-| |Net movement|in|funds|(312,166)|(22,595)|(334,761)| |RECONCILIATION|OF|FUNDS| |Total|funds brought|forward|759,809|122,873|882,682|

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HOPE UK

| | | | | 2 !

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |11.|COMPARATIVES|FOR THE STATEMENT|OF FINANCIAL ACTIVITIES|-|continued| |Unrestricted|Restricted|Total| |funds|funds|funds| |tf|—t|—_t__| |TOTAL FUNDS|CARRIED FORWARD|447,643|100,278|547,921| |12.|TANGIBLE|FIXED|ASSETS| |Fixtures| |and|Computer| |fittings|equipment|Totals| |£|£|£| |COST| |At|1|January 2023|and|31|December 2023|15,545|19,174|34,719| |DEPRECIATION| |At|||January 2023|15,356|18,242|33,598| |Charge|for year|125|537|662| |At|31|December 2023|15,481|18,779|34,260| |NET BOOK VALUE| |At|31|December|2023|64|395|459| |At 31|December 2022|189|932|1,12]| |13.|FIXED ASSET INVESTMENTS|

----- End of picture text -----

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||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |The|book|cost|of|the|investment|portfolio|managed|by|Brewin|Dolphin|as|at|the|balance|sheet|date|was| |£375,652.| |14.|DEBTORS:|AMOUNTS|FALLING|DUE|WITHIN ONE|YEAR| |31.12.23|31.12.22| |£|£| |Tax|740|152| |Prepayments|and|accrued|income|3,893|2,622| |4,633|2,774|

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Notes to the Financial Statements - continued for the Year Ended 31 December 2023

.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |31.12.23|31.12.22| |£|£| |Trade|creditors|2,535|1,162| |Social|security|and|other taxes|6,299|6,790| |Accrued|expenses|4,179|3,857| |13,013|11,809|

----- End of picture text -----

  1. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |31.12.23|31.12.22| |£|£| |Within|one|year|3,202|3,367| |Between|one|and|five years|6,933|10,754| |10,135|14,121| |17.|MOVEMENT|IN|FUNDS| |Net|Transfers| |movement|between|At| |At|1.1.23|in|funds|funds|31.12.23| |Unrestricted|funds| |General|fund|447,642|(179,543)|69,616|337,715| |Restricted|funds| |Southampton|29,458|606|(30,064)|-| |Middiesborough|17,425|357|(17,782)|-| |Newton|Abbot|10,788|221|(11,009)|-| |Sheffield|15,741|(5,487)|-|10,254| |Watford|-|(1,757)|1,757|-| |North|West|7,185|(186)|(6,999)|-| |Bucks|1,305|27|(1,332)|-| |Essex|1,984|41|(2,025)|-| |Hertfordshire|-|205|(205)|-| |East|Midlands|14,168|(3,202)|-|10,966| |South East|-|(28)|28|-| |West|Midlands|2,225|(67)|(2,158)|-| |Scotland|-|(173)|173|-| |Newport|Temperance|-|9,539|-|9,539| |100,279|96|(69,616)|30,759| |TOTAL FUNDS|547,921|(179,447)|-|368,474|

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Notes to the Financial Statements - continued for the Year Ended 31 December 2023

| | :

: !

17. MOVEMENT IN FUNDS- continued

Net movement in funds, included in the above are as follows:

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Incoming|Resources|Gains|and|Movement| |resources|expended|losses|in|funds| |£|£|£|£| |Unrestricted|funds| |General|fund|110,440|(290,812)|829|(179,543)| |Restricted|funds| |Southampton|782|(231)|55|606| |Middlesborough|462|(137)|32|357| |Newton|Abbot|286|(85)|20|221| |Sheffield|2,406|(7,922)|29|(5,487)| |Watford|-|(1,757)|-|(1,757)| |North|West|192|(391)|13|(186)| |Bucks|35|(10)|2|27| |Essex|53|(16)|4|41| |Hertfordshire|280|(75)|-|205| |East Midlands|376|(3,604)|26|(3,202)| |South|East|390|(418)|-|(28)| |West|Midlands|194|(265)|4|(67)| |Scotland|-|(173)|-|(173)| |Newport Temperance|10,000|(461)|-|9,539| |15,456|(15,545)|185|96| |TOTAL FUNDS|125,896|(306,357)|1,014|(179,447)|

----- End of picture text -----

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Notes to the Financial Statements - continued for the Year Ended 31 December 2023

  1. MOVEMENT IN FUNDS- continued

Comparatives for movement in funds

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Net|Transfers| |movement|between|At| |At|1.1.22|in|funds|funds|31.12.22| |£|£|£|£| |Unrestricted|funds| |General|fund|759,809|(312,468)|301|447,642| |Restricted|funds| |Southampton|32,896|(3,438)|-|29,458| |Middlesborough|19,610|(2,185)|-|17,425| |Newton|Abbot|12,142|(1,354)|-|10,788| |Sheffield|25,129|(9,388)|-|15,741| |Watford|8,166|(9,704)|1,538|-| |North|East|844|(94)|(750)|-| |North|West|7,788|(603)|-|7,185| |Bucks|1,469|(164)|-|1,305| |Essex|2,232|(248)|-|1,984| |Hertfordshire|205|207|(412)|-| |East|Midlands|9,416|4,752|-|14,168| |South|East|-|160|(160)|-| |West|Midlands|2,352|(127)|-|2,225| |Scotland|624|(107)|(517)|-| |122,873|22,293|___ 301)|100,279| |TOTAL FUNDS|882,682|(334,761)|-|547,921|

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HOPE UK

|| | | | | |

| |

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

17. MOVEMENT IN FUNDS- continued

Comparative net movement in funds, included in the above are as follows:

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Incoming|Resources|Gains|and|Movement| |resources|expended|losses|in|funds| |£|£|£|£| |Unrestricted|funds| |General|fund|85,568|(303,987)|(94,049)|(312,468)| |Restricted|funds| |Southampton|1,408|(774)|(4,072)|(3,438)| |Middlesborough|429|(187)|(2,427)|(2,185)| |Newton|Abbot|265|(116)|(1,503)|(1,354)| |Sheffield|1,514|(7,792)|(3,110)|(9,388)| |Watford|178|(8,871)|(1,011)|(9,704)| |North|East|18|(8)|(104)|(94)| |North|West|620|(259)|(964)|(603)| |Bucks|32|(14)|(182)|(164)| |Essex|49|(21)|(276)|(248)| |Hertfordshire|234|(2)|(25)|207| |East Midlands|6,205|(287)|(1,166)|4,752| |South East|196|(36)|-|160| |West Midlands|186|(22)|(291)|(127)| |Scotland|14|(44)|(77)|(107)| |11,348|(18,433)|(15,208)|(22,293)| |TOTAL FUNDS|96,916|(322,420)|(109,257)|(334,761)|

----- End of picture text -----

18. RELATED PARTY DISCLOSURES

There were no rclated party transactions for the year ended 31 December 2023.

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| | | | | 2

;

| | |

HOPE UK

Detailed Statement ofFinancial Activities Detailed Statement ofFinancial Activities
for the Year Ended 31 December 2023
31.12.23 31.12.22
Unrestricted
funds		 Restricted
funds		 Total
funds		 Total
funds
£ £ £ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations and gifts
Grants for core activities		 63,944
25,150		 11,274
-		 75,218
25,150		 36,840
33,250
Legacies 2,133 - 2,133 1,000
91,227 11,274 102,501 71,090
Investment income
Income from listed investments 11,878 2,662 14,540 19,290
Depositaccount interest 300 - 300 198
12,178 2,662 14,840 19,488
Charitable activities
Incomefrom serviceprovision 7,035 1,520 8,555 6,338
Total incoming resources 110,440 15,456 125,896 96,916
EXPENDITURE
Raising donations and legacies
Fundraising and publicity
Investmentmanagementcosts		 43,412
3,516		 173
787		 43,585
4,303		 45,934
8,416
46,928 960 47,888 54,350
Charitable activities
Salaries
Depreciation
Directproject costs
Training
Telephone
Postage
Insurance		 181,610
663
11,710
15,550
3,096
2,233
2,626		 13,399
-
939
-
-
2
-		 195,009
663
12,649
15,550
3,096
2,235
2,626		 197,700
663
12,553
15,522
2,740
2,553
2,550
Computer costs
Property expenses
Leasing costs
Subscriptions
Bankcharges
HRsupport
Office expenses
Accountancy support
Carriedforward		 2,703
7,540
3,264
3,314
268
163
4,282
750
239,772		 -
-
-
-
-
-
-
-
14,340		 2,703
7,540
3,264
3,314
268
163
4,282
750
254,112		 3,714
12,057
4,413
1,476
328
(348)
7,317
660
263,898

This page does not form part of the statutory financial statements

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| | | |

HOPE UK

Detailed Statement of Financial Activities for the Year Ended 31 December 2023

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |31.12.23|31.12.22| |Unrestricted|Restricted|Total|Total| |funds|funds|funds|funds| |£|£|£|£| |Charitable|activities| |Brought|forward|239,772|14,340|254,112|263,898| |Governance|costs|4,112|245|4,357|4,172| |243,884|14,585|258,469|268,070| |Total resources|expended|290,812|15,545|306,357|322,420| |Net|(expenditure)/income|before|gains|and| |losses|(180,372)|(89)|(180,461)|(225,504)| |Realised|recognised|gains|and|losses| |Realised|gains/(losses)|on|fixed|asset| |investments|829|185|1,014|(109,257)| |Net (expenditure)/income|(179,543)|96|(179,447)|(334,761)|

----- End of picture text -----

This page does not form part of the statutory financial statements

Page 26