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2024-03-31-accounts

HOPE worldwide (a company limited by guarantee) ANNUAL REPORT for the Year ended 31 March 2024

Charity registration number: 1045930 Company registration number: 2659784

Hope worldwide Annual Report 2023/24 Contents and Chairman’s Report

Contents

Contents
Chairman’s Report 3
Trustees’ report 4-25
Who We Are 4
Objectives and Activities 4-5
Public Benefit 5-6
Achievements and Performance 7-25
Homeless Services 7
Recovery Services 12
Volunteering 14
International Development 16
Financial Review 26
Structure, Governance and Management 31
Statement of Trustees’ Responsibilities 34
Reference and Administrative Details 35
Independent auditor’s report 36-39
Statement of financial activities 40
Balance sheet 41
Statement of Cash Flows 42
Notes to the financial statements 43-58

Hope worldwide Annual Report 2023/24 Contents and Chairman’s Report

Chairman’s Report

Our staff, volunteers and donors are amazing. Despite immense challenges in the Private Rental Sector we housed 131 homeless people. We funded in whole or in part schools, orphanages, early childhood development programmes, vocational training centres, disaster relief projects and healthcare programmes that served over 6,900 people oversees; and supported 122 Ukrainian refugees as they made a new home in the UK.

Truly, lives have been changed and uplifted and I am deeply grateful to everyone who has worked so hard, and given so much to make it happen. The early mornings and late nights, the giving of our many donors, the trips overseas to roll up our sleeves, the energy, the problem solving, the innovation; they all add up to make a huge difference in people’s lives.

It is also true that due to financial pressures, exacerbated by two accidental fires in recovery support houses, it became necessary to close our ODAAT drug and alcohol rehabilitation programme. Not only was it heartbreaking to discontinue a programme that has helped so many people break free from addiction and live independent lives, the combination of loss of income due to the fires and the closure costs meant that the charity made a £343,261 loss in the year.

The trustees decided to sell the ODAAT houses which will recapitalise the charity and enable it to recover from the loss. Because of this decision the value of the houses is shown in the balance sheet as a current asset.

We now look forward to the future with optimism that the funds released from the house sales will give us a firm financial foundation from which to scale our lifechanging and lifegiving work.

Martin Saurma-Jeltsch Chair of Trustees

Hope worldwide Annual Report 2023/24 Contents and Chairman’s Report

Trustees Report

Who we are

HOPE worldwide was started by members of the London International Church of Christ (now ICC Missions) in 1991 to help people in need and to involve members of the supporting churches in doing this. It is now an independent charity which maintains a close relationship with its founding congregations. Its main charitable objective is the relief of poverty. We are inspired by Christian principles and seek to put them into practice in our work.

The Strategy set for 2021 – 2026, in collaboration with our supporters is as follows:

HOPE worldwide’s VISION is

HOPE worldwide’s Mission is

To empower people to overcome poverty, homelessness and addiction through our compassionate service.

Our work is rooted in the Christian faith and is inspired by the example and love of Jesus Christ.

Our CORE VALUES as:

Objectives and Activities

HOPE worldwide works in 4 main areas:

Strategic Objectives for Homeless Services

Strategic Objectives for Recovery Services

In December 2023, after nearly 30 years of successfully supporting men to overcome addiction to drugs and/or alcohol, HOPE worldwide UK, with a heavy heart, decided to close our ODAAT programme. Further details are provided later in this report.

Strategic Objectives for International Activities

HOPE worldwide depends on the effort of volunteers. Our volunteers raise money to support our work and also work within our programmes and those of our partner organisations overseas. We encourage our supporters to volunteer for other charities in the UK too.

Strategic Objectives for Volunteering

Public Benefit

In accordance with the Charity Commission's public benefit guidance, our Trustees have complied with their duty under section 17 of the Charities Act 2011. All Trustees contribute their time voluntarily and receive no personal benefits from the Charity. Moreover, they continue to choose to pay their own travel costs rather than make a claim from the Charity, even though they would be entitled to do so.

Our work primarily focuses on London, where our core programmes operate. For the second consecutive year, we ran the Homes for Ukraine programme with the support of volunteers from various locations across the United Kingdom, providing housing for Ukrainian refugees escaping conflict in their country. We extend gratitude to our hosts from supporting churches in Belfast, Birmingham, Bournemouth, Edinburgh, Greater London, Manchester, Watford, Reading, and other towns in the Thames Valley region.

During the 2023-24 period, HOPE worldwide conducted a survey and held four focus groups to gather insights from supporters across the UK regarding potential new programmes that would directly

Hope worldwide Annual Report 2023/24 Contents and Chairman’s Report

benefit their local communities. Additionally, we initiated a three-month pilot volunteering project at Lea Bridge House in East London, facilitating evening support sessions for residents covering areas such as move-on accommodation, employment/upskilling, and essential skills.

Beyond the UK, our efforts in 2023-24 extended to supporting those in need in Afghanistan, Bangladesh, Cambodia, India, Lebanon, Nepal, Romania, Zambia, and Zimbabwe. Through funding and partnering with organizations in these countries, we provide support, advice, and organise volunteer trips.

We are sincerely grateful for the enduring and generous support of all our volunteers.

Hope worldwide Annual Report 2023/24 Contents and Chairman’s Report

Achievements and Performance

Homeless Services (Two Step)

Description of Programme

The Two Step programme provides a specialised housing service for single people in London who are experiencing or threatened with homelessness.

Staff and volunteers treat each person using the service with compassion, dignity and respect. We work in partnership with local authorities, night shelters, day centres and other charities who refer people to us for help finding accommodation In the private rented sector or supported housing.

Two Step has built relationships with many HOME accommodation providers since the beginning of io the programme. This network, combined with the compassionate work of our housing team, supporters and referral partners has enabled us to house over 7,500 people since the programme began in 1993.

This network was invaluable when responding to the increased numbers of refugees who were homeless approaching our service.

Tigist’s story – being able to close a door and sleep in peace is “heaven”

Tigist is one of many refugees referred to our homelessness programme. She had been rough sleeping after having to leave Home Office accommodation, then managed to access a winter night shelter run by one of our partners. However, she found it difficult to sleep in the shelter due to the number of people there, and couldn’t hold back the tears when we met because of the leg pain caused by walking around in the cold every day while waiting for the night shelter to open in the evening. After working closely with her, arranging several viewings and supporting her through process of getting accepted by a landlord, Tigist was housed a few weeks after she first met our team. She said the ability to close a door and sleep in peace was “heaven”.

ALERT video featured on London Charter to End Rough Sleeping Website

A successful collaboration with Cardboard Citizens and JS Shots led to us producing a new ALERT video (https://www.youtube.com/watch?v=KpYAMQo-p2I) to equip supporters and members of the public to have helpful conversations with people surviving on the streets. The video was featured on the London Charter to End Rough Sleeping website

(https://www.endroughsleepinglondon.org.uk/newsitems/the-alert-approach-hope-worldwide-uk)

Hope worldwide Annual Report 2023/24 Contents and Chairman’s Report

Hope worldwide Annual Report 2023/24 Contents and Chairman’s Report

What we planned to do in 2023/24

What we did in 2023/24

Improve and increase partnerships and collaboration.

Empower supporters for effective compassionate service.

Hope worldwide Annual Report 2023/24 Contents and Chairman’s Report

Help people reach their potential.

*figures for those housed in tenancies between April 2022-March 2023 who could be contacted after 12 months.

How volunteers were involved in our work

Risks

We will continue to build relationships and partnerships with organisations who can contribute towards the cost of our service. We will collaborate with other organisations in the sector regarding how to support the people we work with.

What we plan to do next year (2024/25)

Improve and increase partnerships and collaboration

Hope worldwide Annual Report 2023/24 Contents and Chairman’s Report

Empower supporters for effective compassionate service

Help people reach their potential

Hope worldwide Annual Report 2023/24 Contents and Chairman’s Report

Recovery Services (One Day at a Time - ODAAT)

Background

The ODAAT programme was established by HOPE worldwide in early 1994. It provided a quasiresidential, men-only, abstinence-based drug and alcohol rehabilitation programme, offering a range of treatments and peer support in south London. Over nearly three decades, it successfully supported men aged 18 and above in overcoming addiction and promoting lasting recovery.

Reasons for Closure

The COVID-19 pandemic and government-mandated restrictions led to a decrease in new client admissions, with local authorities favouring facilities providing both detox and rehab services. Additionally, two accidental fires at residential properties in June 2023 and August 2023 adversely impacted client numbers and the charity's financial stability. Renovation work was covered by insurance. Despite exploring alternative rehab models, combined with unforeseeable risk factors, the decision was made to close the ODAAT programme in December 2023.

Client Transition and Graduation

Following the decision to close the programme, our dedicated staff successfully supported each client in transitioning to alternate living arrangements. Despite the challenges faced, five men graduated in 2023-24, demonstrating the programme's impact in supporting lasting recovery.

Volunteers

Volunteers continued to play an integral role in the service we provide to our clients. This involves providing one to one support to service users, “sleeping over” at each of the two residential properties and also volunteer counselling support.

Legacy

Since its establishment, ODAAT has served approximately 750 individuals, with about 400 successfully graduating from the programme. For many, ODAAT was a pivotal step towards overcoming addiction, laying the foundation for their journey towards lasting recovery.

Alumni Network at ODAAT: Fostering Lifelong Connections

In a heart-warming response to the desire among ODAAT graduates to sustain their connection and provide mutual support, we launched a nine-month pilot programme to foster these connections and evaluate its impact. These meetings are facilitated by a former ODAAT Therapy Manager, ensuring continuity and expert guidance.

Hope worldwide Annual Report 2023/24 Contents and Chairman’s Report

Thank you

We would like to say a huge thank you to all our volunteers and staff, whose dedication, compassion and support made such a significant impact on the lives of those seeking to overcome addiction.

And finally, none of the work of ODAAT would have been possible without the amazing generosity and unwavering backing of our supporters. We deeply appreciate you from the bottom of our hearts for sharing this journey with us. We would just like to leave you with a few testimonial quotes from some of our clients over the years.

“I’m so grateful for ODAAT. God knows I’ve waited so many years. I’m looking forward to being a better son to my father (now in his 80s) and being a proper dad to my children. I want to be able to help others have the chance of recovery that I’ve had”. –John

“The ODAAT recovery programme delivers. It delivered me from my addiction to crack cocaine. I’m maintaining my recovery on a daily basis — yesterday is history, tomorrow is a mystery, today is here.” –Peter

“Since getting into recovery and completing the 1st stage of ODAAT’s programme, I now see my daughter regularly. Our relationship has completely changed. I turn up when I’ve arranged to! At first, her mother was very suspicious about my good intentions, but as the weeks and now months have gone by and she has seen the change in me, she now encourages me to see my girl. For the first time in her life, she’s seeing her Dad clean and sober.” –Phil

Hope worldwide Annual Report 2023/24 Trustees Report

Volunteering

Homes for Ukraine

HOPE worldwide UK began offering accommodation to Ukrainian refugees within weeks of the UK’s Homes for Ukraine scheme which started in March 2022. As always, we were fortunate to have generous and committed supporters who were quick to offer their homes as hosts. During 2023-24 the situation in Ukraine had not changed; however, we reached saturation point with volunteer host families. In spite of this, we helped a total of 122 Ukrainians in 2023-24, 65% housed with our existing host families and 32% housed through partner organisations. Many families have moved out of their hosts homes and become self-sufficient, finding private accommodation and employment. Although our ability to house new families has slowed down, we continue to support our existing families with the help of our volunteers in the following ways:

Lea Bridge House

With the aim of helping a local community, we initiated a pilot volunteering project at Lea Bridge House, a hostel in East London, from August to October 2023. Lea Bridge House, a partner of Two Step, accommodates 229 residents. HOPE worldwide facilitated workshops and offered guidance to the residents on various topics, including securing move-on accommodation, crafting CVs and cover letters, and developing IT and other essential skills.

Nine volunteers from all areas of London led or provided support in five evening sessions over three months. At the end of the three months, after evaluating the effectiveness of the pilot project, it was clear that it would not be the right programme for a new HOPE worldwide project to engage a wider volunteer base.

New Programme ideas from our supporters

For some time, we desired to start a new programme that engaged volunteers, understanding that many of our supporters wanted to not just contribute money, but be involved in a meaningful and tangible way. With that in mind, we set out on a fact-finding process to understand what our supporters thought about new programme ideas.

We did this by first sending out a survey in June 2023 for people to express their interests and views on a variety of topics. The response was encouraging, with 84 participants sharing their perspectives on

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possible future opportunities for HOPE worldwide. The top three results were mental health initiatives (including within supporting churches), supporting older adults, and helping the local community with various needs.

Focus Groups

In November 2023, we conducted four online focus groups, engaging 27 participants in discussions on a broad range of topics. These sessions explored areas such as the quality and frequency of our communication, transparency, the impact of our work, the needs within their communities, and opportunities for volunteer engagement. The feedback was insightful, with participants expressing a strong desire to be actively involved in projects that have a direct and meaningful impact on their local communities.

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International Development

Description of Programme

HOPE worldwide in the UK is a member of the HOPE worldwide Global Network which consists of about 60 organisations that have a similar background and charitable objectives to us, and which work in different countries around the world. This year our International Development programme identified eight HOPE worldwide partners (“IHPs”) that we want to work with to build capacity. We chose six areas to focus on namely, governance, finances, safeguarding, measuring impact, communications and fundraising. Most of the support was provided remotely, but representatives from HOPE worldwide UK did visit Bangladesh, India, Romania, Turkey, Zambia and Zimbabwe.

Fundraising

We raised money to fund all or part of specific programmes in the countries listed below. This funding came from corporates, individual donors and foundations.

Monitoring

We provided support in designing log frames and we helped to monitor the work of our IHPs.

Safeguarding Training

We provided external safeguarding training from the charity 31:8 to all our IHPs. We followed up with ongoing support and advice on good safeguarding practice.

Communications

We continued to promote the work of our IHPs through our newsletters and social media pages and these posts were shared around our international community.

Volunteers

We provided four UK based podiatrists to volunteer at the Village of HOPE, New Delhi, India.

Governance

We provided volunteers to support the Board of Trustees for some of our IHPs.

Annual report metrics: International Development (1st April 2023 to 31st March 2024)

What we planned to do in 2023/24 What we did in 2023/24
Afghanistan
Provide financial support to the HOPE Community
Centre in Kabul, which provides training courses in
English language and computer skills.
Provide humanitarian aid to some of the neediest
people in the community		 With our support:
• 107 youths graduated from the Centre
• 20 youths found jobs after graduating from
the Centre
• 200 families from 5 villages in Herat province
received foodpackages for their families
Beyond what we planned Winterisation Programme:
• 200 families on the borders of Kabul were
helped with winter supplies, including

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blankets and clothing
Bangladesh
Through partnerships with 3 corporate funders,
fully fund 3 schools and Vocational Training
Centres (VTC):
• Industrial Centre of HOPE (Jamgara School
and Vocational Training Centre), Ashulia.
• Pepco School of HOPE and Vocational
Training Centre, Dhaka.
• Soham for All Centre of HOPE School and
Vocational Training Centre, Savar, Dhaka.		 We are grateful for funding from ASDA, Pepco
Group and PDS Multinational Holdings Ltd (both
from the UK and in-country). With their support,
the schools and vocational training centres
achieved the following:
Industrial Centre of HOPE:
• 250 children were educated;
• 50,508 midday meals were served;
• 136 children were vaccinated;
• 240 children received worm control
medicine;
• 249 children received an eye check-up and
blood grouping;
• 132 students received vocational training.
Pepco School of HOPE and Vocational Training
Centre:
• 150 children were educated;
• 26,082 midday meals were served;
• 34 children were vaccinated;
• 113 children received a Health Check-up;
• 140 children received worm control
medicine (free government service);
• 118 children received an eye check-up;
• 79 children received blood grouping;
• 298 students received vocational training
Soham for All Centre of HOPE School and
Vocational Training Centre:
• 150 children were educated;
• 29,137 midday meals were served;
• 126 children received a Health check-up, eye
check-up and blood grouping;
• 192 students received vocational training.
India
Provide funding to the Village of HOPE for:
• Partial operating costs at 2 Bandaging
Centres, where leprosy patients receive
free treatment for their wounds
• Partial operating costs at the Vocational
TrainingCentre		 With our support, the Village of HOPE:
• Provided regular wound-care and bandaging
to 325 leprosy patients
• Trained 638 students in nursing, computers
and Tally (retail)
Provide funding for Bhuj School. With our support, 272 children were educated at
the School.

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Redlands Green School in Bristol continued to
support Bhuj School through fundraising and
online educational activities.
Provide funding for Asharan Orphanage With our support:
• 41 children were cared for at Asharan
Orphanage
• 16 children were reunited with their families
• 4 children were adopted in India or abroad
• 20 children were vaccinated
Provide funding for HOPE_foundation_School,
Hyderabad.		 With our support, 233 children were educated at
the School.
Provide funding for HOPE_foundation_Nursery and
Primary School, Pudupattinam		 With our support, 155 children were educated at
the School.
Provide funding for Agricutural Project in Erode
HOPE_foundation_secured 4 acres of fertile
agricultural land in Perundurai Village in Erode
District, Tamil Nadu, India, in 2023. The goal was
to cultivate fruit and vegetables on the land and
use the income generated from the sale of the
produce to meet the needs of the HOPE_worldwide_
Orphanage, as well as an Old people’s home, in
Trichy.		 With our support:
• Mulberry bushes were planted on 2 acres of
land, and banana saplings and other
vegetables (including chillies) were planted
on another 2 acres of land
• Drip irrigation was installed across the whole
4 acres of land.
• A 3-year contract was signed with a nearby
sericulture (silkworm) farmer to supply
mulberry leaves for feeding the silkworms
• 207 local women were employed to work on
the land
3 kgs of chillies and an unknown quantity of
bananas that were grown on the land were
given to the HOPE_worldwide_Orphanage in
Trichy
Beyond what we planned We co-ordinated 2 volunteer-visits to the Village
of HOPE: one in October 2023 (for 2 podiatrists)
and one in February 2024 (for another 2
podiatrists and 1 general volunteer). The
podiatrists assisted staff at the Bandaging
Centre, where they provided refresher training
for staff and helped to treat patients.
We funded the rebuilding and refurbishment of
one of the bandagingunits at the Village of HOPE
Lebanon
Provide funding for:
• The Lebanon Relief Programme, which
provides humanitarian aid to families
• The Relief Programme for people affected
by the earthquake in Syria in 2023
• The Ambassadors of Peace Programme,a		 With our support:
• 25 families (110 people) in Lebanon received
monthly parcels containing food, medication
and clothing
• 500 blankets, 200 hygiene kits, and 50 jackets
were distributed to refugees affected by the

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life-skills programme, which was delivered
at a boarding school for children from
broken families
• One floor for HOPE WW to occupy in a
newly-constructed building in Lebanon		 earthquake in Syria
• 72 children attended the Ambassadors of
Peace programme
• The floor was built and the rooms were
furbished in the new building
Beyond what we planned In late 2023, Israel was in conflict with
neighbouring countries and many people in
South Lebanon were affected. With our support,
20 families (120 people) in South Lebanon
received monthly parcels containing food,
clothingand babykits
Nepal
Provide funding for:
• Asha Vidhyashram School in Kathmandu
• Secondary School Scholarships		 With our support:
• 121 children were educated at the School
(Nursery to Grade 5)
• 23 students received scholarships to attend
secondaryschool
Romania
Provide funding for a foster-care programme and
the establishment of a HOPE_worldwide_charity in
Bucharest.		 With our support:
• 18 children in foster-care benefitted from
social and educational activities supervised
by volunteers from the Bucharest Church
• The HOPE_worldwide_charity in Bucharest
was officially registered as HOPE, Oriunde in
Lume in February2024
Ukraine Relief Programme (UK)
Provide funding for the Ukraine Relief Programme
in the UK, which offers humanitarian aid and
support to Ukrainian refugees and helps to
rehouse them in the UK.		 With our support, in the UK:
• 51 Ukrainian refugees were matched with
hosts
• Another 71 Ukrainians living with hosts not
matched through HWW UK, or living
independently, received other support
(including emotional and well-being support,
help in searching for properties, payment for
flights to/from Ukraine for emergency
situations, and legal advice)
• 10 Ukrainians attended English conversation
clubs to develop their English language skills.
• 7 Ukrainians received psychological support
(trauma counselling) with a Ukrainian
therapist
Ukraine Relief Programme (Germany)
Provide funding for partial salary costs (for 3
months) for staff at HOPE_worldwide_Germany to
co-ordinate the the Ukraine Relief Programme in		 With our support, 600 Ukrainian refugees were
helped over the year, which is approximately 150

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Germany, which offers humanitarian aid and
support to Ukranian refugees and helps to rehouse
them in other European countries.		 people over 3 months.
Zambia
Fund salaries and central costs at HWW Zambia for
a short period. This allowed HWW Zambia to
continue operating and search for new sources of
funding for 2024 onwards.		 With our support, HWW Zambia was able to
continue operating the following programmes:
• The Early Childhood Development (ECD)
programme for 125 children aged under 6
• Kids Clubs for 221 orphans and vulnerable
children up to 18 years old
• Women’s Economic Empowerment activities
for 194 women
Zimbabwe
Fund salaries and central costs at HWW Zimbabwe
for a short period. This allowed HWW Zimbabwe
to continue operating and search for new sources
of funding for 2024 onwards.		 With our support, HWW Zimbabwe was able to
continue operating the following programmes:
• The Early Childhood Development (ECD)
programme for 201 children aged under 6
• The Women’s Economic Empowerment
programme (including ECD parenting
programme, and baking, crocheting,
beading, stone carving and gardening
activities)for 218 women
Beyond what we planned Turkiye ‘Tiny Houses’ Programme
In February 2023, an earthquake struck south-
eastern Turkiye near the Syrian border causing
widespread damage and affecting nearly 26
million people. A local construction company
responded to the disaster by building small pre-
assembled houses (called ‘Tiny Houses’) for
people who were left homeless after the
earthquake. In March 2024, HWW UK co-
ordinated a volunteer-visit and provided funds
for the construction of 6 ‘Tiny Houses’ and the
refurbishment of 2 classrooms in a second
affected area,near Adiyaman.

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Summary of outputs linked to Sustainable Development Goals (SDG) (1st April 2023 to 31st March 2024)

The Sustainable Development Goals are a collection of 17 interlinked global goals designed to be a "blueprint to achieve a better and more sustainable future for all". The SDGs were set up in 2015 by the United Nations General Assembly and are intended to be achieved by 2030. https://sdgs.un.org/goals#goals

Thematic
Area		 SDG HWW programmes supported No. of beneficiaries
Education SDG 4: Quality Education
SDG 5: Gender Equality
SDG 10: Reduced
Inequalities		 Early Childhood Development(ECD)
Zambia 125
Zimbabwe 201
TOTAL(ECD) 326
Primary and Secondary Education
Industrial Centre of HOPE (Jamgara
School) (Ashulia,Bangladesh)		 250 (142 girls)
Pepco School of HOPE(Bangladesh) 150(90girls)
Soham for All Centre of HOPE School
(Bangladesh)		 150 (83 girls)
BhujSchool(India) 272(93girls)
HOPE_foundation_School, Hyderabad
(India)		 233 (112 girls)
HOPE_foundation_Nursery and
Primary School, Pudupattinam
(India)		 155 (67 girls)
Asha Vidhyashram School(Nepal) 121(49girls)
TOTAL (Primary and Secondary
Education)		 1,331 (636 girls)
Vocational Training
HOPE Community Centre, Kabul
(Afghanistan)		 107 (males only)
Industrial Centre for HOPE (Ashulia,
Bangladesh)		 132 (73 females)
Pepco Group School of HOPE
(Bangladesh)		 298 (239 females)
Soham for All Centre of HOPE
(Bangladesh)		 192 (127 females)
Village of HOPE(India) 638(517 females)
TOTAL(Vocational Training) 1,367(956 females)
GRAND TOTAL(Education) 3,024(1,592 females)

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Thematic
Area		 SDG HWW programmes supported No. of beneficiaries
Nutrition SDG 2: Zero Hunger Industrial Centre of HOPE
(Bangladesh)		 250
Pepco School of HOPE(Bangladesh) 150
Soham for All Centre of HOPE
School(Bangladesh)		 150
HOPE_worldwide_Orphanage(Trichy) 39
GRAND TOTAL(Nutrition) 589
Orphans
and
Vulnerable
Children		 SDG 1: No poverty
SDG 3: Good Health and
Well-Being
SDG 4: Quality Education
SDG 5: Gender Equality
SDG 10: Reduced
Inequalities
 Asharan Orphanage(India) 41
Foster-care(Romania) 18
Ambassadors of Peace(Lebanon) 72
Kids Clubs(Zambia) 221
GRAND TOTAL (Orphans and
Vulnerable Children)		 352
Humanitari
an Aid		 SDG 1: No poverty
SDG 2: Zero Hunger
SDG 3: Good Health and
Well-Being
SDG 10: Reduced
Inequalities
 Humanitarian Aid(Afghanistan) 800(200 families)*
Winterization Programme
(Afghanistan)		 800
(200 families)*
Lebanon Relief Programme(Beirut) 110
Relief Programme(Syria) 500
Humanitarian Aid(South Lebanon) 120
Ukraine Relief Programme(UK) 122
Ukraine Relief Programme
(Germany)		 150
Turkiye ‘Tiny Houses’ Programme 24
(6 families)*
GRAND TOTAL(Humanitarian Aid) 2,626
* We assume each family consists of at least 4 family
members who benefitted from aid.

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Thematic
Area		 SDG HWW programmes supported No. of beneficiaries
Health SDG 3: Good Health and Vaccinations
Well -Being Asharan Orphanage,India 20
Industrial Centre of HOPE,
Bangladesh		 136
Pepco School of HOPE,Bangladesh 34
TOTAL(Vaccinations) 190
Other Health Interventions
(including one or more of the following: Health check-up,
eye check-up, blood grouping, worm control medicine,
clinic visits, orpsychological support)
Industrial Centre of HOPE (George
School),Bangladesh		 249
Pepco School of HOPE,Bangladesh 140
Soham for All Centre of HOPE
School		 126
Village of HOPE Bandaging Unit,
India		 325
Ukraine Relief Programme(UK) 7
TOTAL(Other Health Interventions) 847
GRAND TOTAL(Health) 1,037
Women’s
Economic
Empowerm
ent		 SDG 1: No poverty
SDG 5: Gender Equality
SDG 8: Decent Work and
Economic Growth
SDG 10: Reduced
Inequalities		 Agricultural Project in Erode, India 207
Women’s Economic Empowerment
Progamme,Zambia		 194
Women’s Economic Empowerment
Progamme,Zimbabwe		 218
GRAND TOTAL (Women’s Economic
Empowerment)		 619
TOTAL NUMBER OF INTERNATIONAL BENEFICIARIES
Note: Beneficiaries who received support in more than one thematic area have
onlybeen counted once		 6,985

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What we plan to do in 2024/25

During 2024/25 through capacity building and ongoing support we will continue to implement our strategy to

1. Help all UK supported International HOPE worldwide Partners to be sustainable, accountable and well managed.

2. Ensure all UK donors feel appreciated and well informed about the International HOPE worldwide programme that they support.

3. Establish a UK Disaster Response Process.

Our plans for the countries we support are as follows:

Afghanistan

• Provide funding for the HOPE Community Centre in Kabul, which provides vocational training to migrant youths from impoverished backgrounds.

Bangladesh

India

Lebanon

Nepal

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Romania

Turkiye

Ukraine

Zambia

Zimbabwe

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Financial Review

Sources of Funds

During 2023-24, we received financial support from diverse sources, including public bodies such as local government grants, central government funded programmes, and other charitable organisations. These funds constituted 29% of our total income, the same percentage as the previous fiscal year. The allocation of these funds primarily supported our Homeless Services (Two Step) and Recovery Services (ODAAT) programs.

Our Recovery Services (ODAAT) received Housing Benefit, representing 10% of our total income, a slight decrease from the previous year’s 12% (2022/23). This funding was instrumental in sustaining our Stage 1-3 Recovery House, albeit with the closure of ODAAT early in the upcoming financial year, will result in a decline of housing benefit income to zero.

We express our deep appreciation and gratitude to so many individuals whose generous donations, along with associated Gift Aid, greatly contributed to the work we do. Our gratitude extends to the supporting churches and participants in sponsored events whose combined contributions represented 35% of our total income, mirroring the previous year’s support level. Much of this funding was unrestricted, providing us with the agility to address the unique needs of our beneficiaries.

Corporate donations and funding accounted for 26% of total income showcasing a rise from 20% in 2022/23. We would like to extend a special acknowledgement to the companies and organisations that

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Hope worldwide Annual Report 2023/24 Trustees Report

have generously backed our International Programmes. For instance, George, the clothing division of ASDA , has kindly supported the largest HOPE worldwide school in Bangladesh through a three-year partnership. Similarly, Pepco funds the Ashulia Primary School in Bangladesh, also under a three-year arrangement, while PDS Multinational Holding (Soham for All) has been a steadfast supporter of a school in Dhaka, Bangladesh. Sevenhill has played a pivotal role in supporting the Village of Hope in India.

Uses of funds

In the pursuit of our mission, we allocated a significant portion of our resources towards serving our beneficiaries, with 91% of our total income dedicated to this purpose. This shows a slight increase from the previous year's 90% allocation.

Within this allocation, Homeless Services accounted for 20%, demonstrating a slight decline from the previous year's 22%. Similarly, Recovery Services and Supported Housing (ODAAT) represented 30% of our expenditure, compared to 28% in 2022/23. Notably, our commitment to international support constituted 42% of our expenditure, showcasing a small rise from the previous year's 40%. With regards to international support, a significant portion of our expenditure was directed towards providing grants to our overseas partner organisations.

The remaining 9% of our income, a slight decrease from 10% in 2022/23, was designated for vital fundraising activities and support costs. This included the overall management of our charity, ensuring the smooth functioning of our operations and the sustainability of our endeavors.

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Reserves

The Charity’s Reserves policy balances the need to protect our charitable activities and our desire to maximise the impact of the funds we raise on our beneficiaries. We have 3 very different streams of activity and this requires a bespoke approach to reserves management.

• Two Step works with clients for up to 6 months. Once a client is accepted onto the programme and starts the process of looking for housing it would be very disruptive if they have to start again with another provider. This would significantly extend the period for which they were homeless. Our reserve level is set at 6 months of the full operational cost which is £150,611

• Our International Programmes are operated by partners in other countries. We provide development and support for these partners to ensure that the programmes they run meet the standards required. This support is to ensure that these programmes meet the needs of corporate and individual funders. Our agreements with Corporate Funders are up to 3 years in length and require us to provide this type of support for the whole period. The reserve amount is set at the cost of providing this support for all of our International programmes for 1 year, although in the case of an orderly closure the level of support will gradually taper over 3 years as the number of funders and programmes reduces. This amount is £60,988.

• International programmes are funded from Restricted Funds donated for specific purposes. However many of the programmes deliver services, such as education, where a sudden closure would be very disruptive to beneficiaries. We believe it is prudent to have an unrestricted reserve equivalent to 1/3 of the annual grant amount for our long term programmes in case a funder has to withdraw for some reason. This would allow the programme, such as a school, to continue whilst another funder is identified, or for an orderly closure by the partner organization. For International Programmes funded by individual donations we have set the reserve level at 6 months of the overall grant level. This gives partner organisations time to find other funders or to carry out an orderly closure. The total amount set aside for this is £234,966.

• We have started a new volunteering programme which is currently rolling out with partner organisations. To manage an orderly closure of this programme we would need to pass over the support activities we provide to these partners. Our reserve level is set at 3 months of the full operational cost which is £13,150.

• In addition to these programme specific reserves an orderly closure would also require that we continue to provide management and administrative support to these programmes as well as wind down the organisation. Our reserve level is set at 12 months of the cost of this support which is £93,351.

In addition to the costs of winding down these streams of activity we also need to have reserves to cover the redundance cost for staff and the cost of any unexpired leases. The amount for this £78,660.

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Hope worldwide Annual Report 2023/24 Trustees Report

The Trustees have therefore concluded that the overall reserve within our unrestricted funds should be as follows:

2023-24 2022-23
Two Step 150,611 147,752
International Support Cost 60,988 58,084
International Reserve 234,966 188,999
Volunteer Programmes 13,150 --
Management Support 93,351 84,585
RedundancyCost 70,088 68,526
Lease Cost 8,571 38,571
Total 631,725 586,517

For the 2023/24 financial year, unrestricted funds exceed the target level outlined in the table above, with our free reserves covering eight months of expenditure. Our free reserves represent 8 months of expenditure. In 2024/25, the Board will continue to refine the Reserves Policy, and establish "Designated Funds" earmarked for specific purposes. This strategic approach will ensure a prudent and accountable use of resources across our evolving range of charitable activities.

Fundraising Practices

The charity is dedicated to fundraising with integrity and accountability, engaging supporters through personalised email appeals and presentations at supporting churches. We seek to maintain the highest ethical standards which reflect our core values in our fundraising activities. By actively seeking and valuing feedback from donors, we seek to foster a culture of trust and empowerment, with their suggestions shaping our practices and deepening their connection to our mission. The charity benefits from events organised by both staff and supporters.

HOPE worldwide is registered with the Fundraising Regulator and adheres to the standards of the Fundraising Code. As far as the Trustees are aware, the Code has been complied with during the year. There is a complaints policy to deal with any issues that may arise. No complaints have been received about fundraising activity in the year.

We did not employ third-party fundraising organisations.

Risk Management

The charity conducts a thorough review of its risk register on a quarterly, bi-annual or annual basis, depending on the risk profile of each area. This approach ensures that we establish and maintain effective systems, policies, and procedures to mitigate potential risks to the organisation. The principal risks are sustainability of income, cybersecurity and the safety of staff, volunteers and beneficiaries. A summary of these risks and the key mitigations is given below:

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Hope worldwide Annual Report 2023/24 Trustees Report

Sustainability of Income

A proportion of the charity’s funding comes from local authority funding and this is vulnerable to decisions beyond our control. All the Senior Management team are actively engaged with seeking alternative funding sources and developing funding strategies for their areas. A part time fundraiser assists this work.

In light of economic challenges such as inflation, reduced household incomes, and other macroeconomic factors, we closely monitor the potential impact on donor income. We are grateful to our supporters and have invested more resources in donor relations in communicating the impact and outcomes of all HOPE programmes.

Cyber Security

In an increasingly digital world, the charity recognises the critical importance of cybersecurity in protecting sensitive data and ensuring the integrity of our operations. We have implemented robust cybersecurity measures, including staff training on digital safety and the hiring of a IT support services firm to safeguard our systems.

Safety of Staff, Volunteers and Beneficiaries

All staff and volunteers who work with beneficiaries are screened, which includes a police check, and they are provided with training for their roles. The Charity achieved the Investors in People Gold Standard while ODAAT is regulated by the Care Quality Commission (CQC) and has been successfully audited by them. The Charity has designated Health & Safety officers and a Designated Safeguarding Lead for our UK operations and international activities respectively.

The Trustees are conscious that the programmes we fund overseas constitute an area of risk for the Charity, even though we are not running these programmes directly. We work with our partner charities to ensure their safeguarding and whistleblowing policies are suitable and robust. We are currently working with our partners and other members of the HOPE worldwide Global Network to improve these policies further. This work takes into account the “Safeguarding for External Partners” Standards produced by DFID when it was stand alone.

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Hope worldwide Annual Report 2023/24 Trustees Report

Structure, Governance and Management

Governing document

The name of the Charity is HOPE worldwide , a company limited by guarantee. It was formed on 22 October 1991. On 26 November 2020 the Memorandum and Articles of Association was amended to reflect current charity best practices. The Trustees are also directors and members of the company with liability limited by guarantee to £1. There are no other members. None of the Directors had any other interest in the Charity. The Directors are also Trustees for the purposes of charity law and in this report they are referred to as Trustees.

Appointment of Trustees

Throughout 2023-24, the average number of Trustees stood at seven. Skills gaps on the board are reviewed and the Board seeks volunteers with appropriate competencies to fill these. The power to appoint Trustees rests with the existing Board. It is expected that all Trustees have demonstrated their interest through acting as volunteers with the Charity before being considered for appointment.

The Trustees’ skills and experience are broad and include business, public service, voluntary sector and international development. Before joining the Board, all prospective new Trustees are interviewed by the existing Board and also attend Board meetings as observers. New Trustees are provided with an induction and training.

Organisation

The Board met six times between April 2023 and March 2024 to review reports from the Management Team and to discuss the direction and policies of the Charity. Additionally, the full Board met two times to decide on the future of our Drug & Recovery Programme (ODAAT) with the decision to close ODAAT made in December 2023.

Different trustees visited the programmes throughout the year.

Day to day operational decisions were delegated to the Chief Executive who reported to the Board at board meetings and regularly met with the Chair.

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Staff Remuneration Policy and Performance Management

HOPE worldwide is committed to offering fair and appropriate salaries which will enable us to attract and retain skilled staff, therefore maximising our impact and delivering our objectives.

To facilitate this, HOPE worldwide assesses roles using the National Joint Council (NJC) process and utilizes NJC pay scales to determine a pay point for each role. The Charity then pays the employee within a range of +/- 10% of this pay point, contingent on their performance and development within the role. The responsibility for this process lies with the Board of Trustees, in collaboration with the Chief Executive. In the case of setting the Chief Executive's salary, the same process is applied to establish a pay point. However, the ultimate decision rests entirely with the Board.

Staff and Volunteers

Staffing averaged 13.3 full-time equivalent (FTE) employees. Of these 5.6 FTEs worked in Homeless Services, 4.3 FTEs in Recovery Services, 2.3 FTEs on international development, 0.5 FTE on the Homes4Ukraine programme and the remaining staff in “support services”.

Approximately 218 people also provided an estimated 10,495 volunteer hours. These volunteers ranged from Trustees to Ambassadors to Fundraisers to Mentors and Support for international partners and represent a 24% uplift on the prior year. Without the commitment of these volunteers the Charity would not be able to accomplish its objectives and we are deeply grateful for their service.

The Charity is a supporter of and pays at least the Living Wage and maintained the Investors In People Gold Standard (awarded 2021 and previously in 2017 and 2014).

Related parties and cooperation with other organisations - UK

Throughout 2023/24, HOPE worldwide worked operationally with many agencies including local authorities, the North London Housing Partnership and charities such as Glass Door Homelessness Charity and NEWway Project as well as probation services, prisons, drug intervention project teams, substance misuse teams, detox units and others .

HOPE worldwide maintains close links with church groups linked to the International Churches of Christ, which originally founded HOPE worldwide . These are ICC Missions, Thames Valley Churches of Christ and Avon Valley Churches of Christ. These churches regularly collect donations from their congregations on behalf of HOPE worldwide . They also sometimes make restricted donations for the benefit of various HOPE worldwide programmes.

The Charity is a member of the Homeless Link and Housing Justice.

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Related parties and co-operation with other organisations – Overseas

The Charity is a member of the HOPE worldwide Global Network, a coalition of organisations. Members of this network all have their roots in the charitable work of the International Churches of Christ (ICOC). All of the members, like HOPE worldwide , are independent charities that maintain close links with their local ICOC congregations. The HOPE worldwide Global Network follows a membership structure and all members share a common set of values, agree to meet a set of standards and have the objective of helping the poor or disadvantaged.

HOPE worldwide both contributes and receives grants of funds from other members of the network for specific programmes and unrestricted charitable purposes. The Charity also receives financial support from donors based in the UK to fund programmes undertaken by other network members. Where grants are received by the Charity they are reported as restricted or unrestricted income. Where grants are made to HOPE worldwide network members they are reported under grant making or overseas support. These relationships do not have any other impact on the policies of the Charity.

.

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Statement of Trustees’ Responsibilities

Company law requires the trustees to prepare financial statements that give a true and fair view of the state of affairs of the Charity at the end of the financial year and of its surplus or deficit for the financial year.

In doing so the trustees are required to:

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

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

The financial statements have been prepared in accordance with the provisions of the Companies Act 2006 applicable to companies subject to the small companies’ regime.

By order of the trustees

Martin Saurma-Jeltsch Samantha Sokoya Chair of Trustees Trustee

Date: 23 September 2024

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Hope worldwide Annual Report 2023/24

HOPE worldwide

Reference & Administrative Details

Charity registration number 1045930
Company registration number: 02659784
Website www.hopeworldwide.org.uk
Registered address 360 City Road
London
EC1V 2PY
Trustees (Directors) Alexander Cameron
Chidinma Obi
Dennis Francis
John Partington (resigned December 2023)
Martin Saurma-Jeltsch (Chair w/e May 2023)
Muriel Gutu
Samantha Sokoya
Iain Williams (resigned May 2023)
Michael Farrell Chief Executive
Senior Management Bruce Miller Director of Recovery Services
Rob Payne Director of Homeless Services
Jane Whitworth Director of Development
Haysmacintyre LLP
Auditors 10 Queen Street Place
London
EC4R 1AG
Lloyds Bank plc
Bankers Victoria House
Southampton Row
London
WC1B 5HR
Bates Wells
Solicitors 10 Queen Street Place
London
EC4R 1BE

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Hope worldwide Annual Report 2023/24

HOPE worldwide

Independent auditor’s report to the members of HOPE worldwide

Opinion

We have audited the financial statements of HOPE worldwide for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustee’s use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s 's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Trustees’ Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

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HOPE worldwide

Independent auditor’s report to the members of HOPE worldwide

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report (which incorporates the directors’ report).

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees for the financial statements

As explained more fully in the trustees’ responsibilities statement set out on page 34, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to

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Hope worldwide Annual Report 2023/24

HOPE worldwide

Independent auditor’s report to the members of HOPE worldwide

liquidate the charitable company or to cease operations or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements 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 financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Based on our understanding of the charitable company and the sector in which it operates, we identified that the principal risks of non-compliance with laws and regulations related to regulatory requirements of company and charity law applicable in England and Wales and the regulatory requirements of the Care Quality Commission (CQC), and we considered the extent to which noncompliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Charities Act 2011, Companies Act 2006 and payroll taxes.

We evaluated management’s opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls), and determined that the principal risks were related to posting inappropriate journal entries and management bias in certain accounting estimates and judgements such as the income recognition policy applied to grant income. Audit procedures performed by the engagement team included:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

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HOPE worldwide

Independent auditor’s report to the members of HOPE worldwide

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Lee Stokes (Senior Statutory Auditor) 10 Queen Street Place For and on behalf of Haysmacintyre LLP, Statutory Auditors London EC4R 1AG

Date: 2 October 2024

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Report & Accounts , 31[st] March 2024

HOPE worldwide

Statement of Financial Activities

(incorporating an income and expenditure account for the year ended 31[st] March 2024)

Notes
Income from:
Donations
2
Charitable activities
2
Investments
Other
Total income

Expenditure on:
Raising funds
3
Charitable activities
3
Total expenditure


Revaluation Gain
10
Net income/(expenditure)
7
Transfers

Net movement in funds
Balances brought forward
at 1stApril
Balances carried forward
at 31st March		 Unrestricted
Restricted
Total
Funds
funds
Funds
2023-24
2023-24
2023-24
£
£
£
193,308
488,840
682,148
151,902
351,303
503,205
4,659
18
4,677
-
-
-
349,869
840,161
1,190,030

45,468
-
45,468
93,351
1,394,472
1,487,823
138,819
1,394,472
1,533,291
707,549
-
707,549
918,599
(554,311)
364,288
(521,301)
521,301
-
397,298
(33,010)
364,288
599,630
179,270
778,900
996,928
146,260
1,143,188		 Total
Funds
2022-23
£
753,805
598,816
1,461
11,166
1,365,248
52,295
1,289,326
1,341,621
-
23,627
-
23,627
755,273
778,900

All amounts derive from continuing activities.

The Charity has no gains or losses other than those shown above.

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Report & Accounts , 31[st] March 2024

HOPE worldwide

Balance Sheet

Company number 2659784

Notes
Fixed Assets
Tangible assets
9
Current Assets
Properties held for resale
Debtors
10
11
Cash at bank and in hand
Creditors - amounts falling due
within one year
12
Net current assets
Total assets less current liabilities
Creditors – amounts falling due
after more than one year
13
Net assets
Represented b_y:
Unrestricted funds
_14
Restricted funds
15		 31st March 2024
£
£
1,001
1,431,360
181,712
323,339
1,936,411
(379,549)
1,566,862
1,557,863
(414,675)
1,143,188
996,928
146,260
1,143,188		 31st March 2023
£
£
735,967
-
165,626
659,197
824,823
(338,389)
486,434
1,222,401
(443,501)
778,900
599,630
179,270
778,900
1,936,411
(379,549)		 824,823
(338,389)

These financial statements have been prepared in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Approved and authorised for issue by the Trustees on 23 September 2024 and signed on their behalf by:

Martin Saurma-Jeltsch Samantha Sokoya Chair of Trustees Trustee

The notes on pages 43 to 58 form part of these financial statements. HOPE worldwide company registration number 2659784

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Report & Accounts , 31[st] March 2024

HOPE worldwide

For the year ended 31[st] March 2024

Statement of Cash Flows
For the year ended 31
2023-24
£
£
Net income
364,288
Adjustments for non-cash items:
Depreciation
Revaluation gain
12,378
(707,549)
Debtors (increase)/decrease
(16,086)
Creditors increase/(decrease)
41,422
(669,835)
Adjustments for non-operational items:
Interest income
(4,677)
Interest expense
25,162
20,485
Net cash inflow / (outflow) from Operating activities
(649,350)
Cash flows from Investment activities
Interest received
4,677
Purchase of property plant and equipment
(1,229)


Net cash outflow from Investment activities
3,448
Cash flows from Financing activities
Interest paid
(25,156)
Mortgage repayments
(29,088)


Net cash inflow / (outflow) from Financing activities
(54,244)
Increase/(decrease) in cash and equivalents
(335,858)
Cash balance at 1stApril
659,197
Cash balance at 31st March
323,339		 Statement of Cash Flows
For the year ended 31
2023-24
£
£
Net income
364,288
Adjustments for non-cash items:
Depreciation
Revaluation gain
12,378
(707,549)
Debtors (increase)/decrease
(16,086)
Creditors increase/(decrease)
41,422
(669,835)
Adjustments for non-operational items:
Interest income
(4,677)
Interest expense
25,162
20,485
Net cash inflow / (outflow) from Operating activities
(649,350)
Cash flows from Investment activities
Interest received
4,677
Purchase of property plant and equipment
(1,229)


Net cash outflow from Investment activities
3,448
Cash flows from Financing activities
Interest paid
(25,156)
Mortgage repayments
(29,088)


Net cash inflow / (outflow) from Financing activities
(54,244)
Increase/(decrease) in cash and equivalents
(335,858)
Cash balance at 1stApril
659,197
Cash balance at 31st March
323,339		 Statement of Cash Flows
For the year ended 31
2023-24
£
£
Net income
364,288
Adjustments for non-cash items:
Depreciation
Revaluation gain
12,378
(707,549)
Debtors (increase)/decrease
(16,086)
Creditors increase/(decrease)
41,422
(669,835)
Adjustments for non-operational items:
Interest income
(4,677)
Interest expense
25,162
20,485
Net cash inflow / (outflow) from Operating activities
(649,350)
Cash flows from Investment activities
Interest received
4,677
Purchase of property plant and equipment
(1,229)


Net cash outflow from Investment activities
3,448
Cash flows from Financing activities
Interest paid
(25,156)
Mortgage repayments
(29,088)


Net cash inflow / (outflow) from Financing activities
(54,244)
Increase/(decrease) in cash and equivalents
(335,858)
Cash balance at 1stApril
659,197
Cash balance at 31st March
323,339		 stMarch 2024
2022-23
£
£
23,627
14,614
-
89,461
(54,849)
49,226
(1461)
19,875
18,414
91,267
1461
-
1,461
(19,875)
(48,386)
(68,261)
24,467
634,730
659,197		 stMarch 2024
2022-23
£
£
23,627
14,614
-
89,461
(54,849)
49,226
(1461)
19,875
18,414
91,267
1461
-
1,461
(19,875)
(48,386)
(68,261)
24,467
634,730
659,197
49,226
(1461)
19,875
18,414
1461
-
91,267
1,461
(68,261)
(19,875)
(48,386)
24,467
634,730
323,339 659,197

Page 42 of 58

Report & Accounts , 31[st] March 2024

HOPE worldwide

Notes to the Financial Statements

1 Accounting policies

1.1 Basis of preparation

The financial statements of the Charity are prepared in accordance with 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. They are drawn up on the historical cost accounting basis. The Charity meets the definition of a public benefit entity under FRS 102. The financial statements are prepared in Pounds Sterling rounded to the nearest Pound.

1.2 Going Concern

The financial statements have been prepared on a going concern basis as the trustees are satisfied that there is no material uncertainty and the preparation of accounts on the going concern basis is supported by financial plans. In particular, a detailed cashflow forecast has been prepared on reasonable assumptions of income and expenditure such as key funding contracts, housing benefit and funded client income, and staff levels.

1.3 Fund accounting

The Charity maintained a number of funds during the reporting period. The unrestricted fund is expendable at the discretion of the Trustees in furtherance of the objectives of the Charity. Such funds may be held in order to finance both working capital and capital investment. The restricted funds are held to sustain HOPE worldwide programmes both in the UK and overseas. Details of the restricted funds are set out in Note 12.

1.4 Income

All income is recognised in the statement of financial activities when the conditions of receipt have been met and receipt is probable. The following accounting policies are applied to income:

Donations

Donations and all other receipts from fundraising are reported gross and related fundraising costs are reported in costs of raising funds where appropriate.

Tax reclaimed on money donated under the Gift Aid scheme

Income under this category is recognised in the financial statements on the date that the underlying donation is received by the Charity.

Income from Charitable Activities

We receive funding from public bodies such as Local Government grants and Housing Benefit, and programmes funded by Central Government and other Charities. These funds go towards our Homeless Services (Two Step) and Recovery Services (ODAAT) programmes.

1.5 Costs of raising funds

Costs of raising funds are those incurred in seeking voluntary income.

Page 43 of 58

Report & Accounts , 31[st] March 2024

HOPE worldwide

Notes to the Financial Statements

1 Accounting policies (continued)

1.6 Costs of charitable activities

Costs of charitable activities includes all expenditure directly related to the objectives of the Charity and comprises the following:

Grants payable

Grants payable are accounted for when the Trustees have accepted a legal or moral obligation to make the grant. This will usually be when the commitment is communicated to the recipient.

Other expenditure on charitable activities

Other expenditure on charitable activities comprises the costs of staff salaries, travel and subsistence, facility costs, communication and programme costs.

Support Costs

Support costs have been allocated to the costs of raising funds and charitable activities on the basis of staff time. Prior year figures have been restated to show governance costs as a component of support costs.

1.7 Governance costs

Governance costs include costs of governance arrangements which relate to the general running of the Charity. These activities provide the governance infrastructure which allows the Charity to operate and to generate the information required for public accountability.

1.8 Tangible fixed assets

Depreciation is provided on cost in equal annual instalments over the estimated useful lives of the assets – or, in the case of leasehold improvements, over the life of the lease. The rates of depreciation for non-lease related assets are as follows:

Buildings: 2% per annum Fixtures & Fittings: 10-25% per annum Office Equipment: 20-33% per annum

Items held by the Charity are recognised as assets where they have a useful life (likely to bring future economic benefit) of more than one financial year and where the initial cost is over £300, or at the discretion of management, any single pieces of equipment costing less, such as computers.

1.9 Foreign currency translation

Transactions denominated in foreign currencies are recorded in the local currency at actual exchange rates at the date of the transaction. Monetary assets or liabilities denominated in foreign currencies at the balance sheet date are reported at the rates of exchange prevailing at the date. Any gain or loss arising from a change in the exchange rates subsequent to the date of the transaction is included as an exchange gain or loss in the statement of financial activities.

Page 44 of 58

Report & Accounts , 31[st] March 2024

HOPE worldwide

Notes to the Financial Statements

1.10 Pension costs

The Charity operates a defined contribution pension scheme. The Charity’s liability under this plan is limited to the on-going contributions.

1.11 Operating leases

Rental costs under operating leases are charged to the statement of financial activities in equal amounts over the period of the lease.

1.12 Entity Details

HOPE worldwide is a company limited by guarantee registered in England and Wales (Company number 2659784). It is a charity registered with the Charity Commission (Charity number 1045930). Its registered address is shown on page 29.

1.13 Estimates and Judgements

In preparing the financial statements the trustees are required to make judgements and use estimates. In preparing these accounts the trustees have not identified any areas which they consider to be subject to significant estimation uncertainty.

Page 45 of 58

Report & Accounts , 31[st] March 2024

HOPE worldwide

Notes to the Financial Statements

2 Analysis of Income raised across distinct areas of activity

2023-24
Individuals’ donations (incl. Gift Aid)
Collections at supporting churches
Sponsored & special events
Legacies
Corporate & Trust donations & grants
Public body & charitable funding
Housing benefit
Other income
Total


2022-23
Individuals’ donations (incl. Gift Aid)
Collections at supporting churches
Sponsored & special events
Legacies
Corporate & Trust donations & grants
Public body & charitable funding
Housing benefit
Other income
Total		 Homeless
-ness
£
6,064
-
-
-
2,000
302,480
-
3,900		 Recovery
£
3,232
(8,000)
2,092
-
-
42,545
138
2,258		 Supported
housing
£
-
-
-
-
-
-
112,627
-		 Supported
housing
£
-
-
-
-
-
-
112,627
-		 Internat-
ional
support
£
132,786
43,901
9,471
-
297,294
-
-
-		 General
£
183,119
-
4,494
-
5,696
-
-
43,933		 2023-24
total
£
325,201
35,901
16,057
-
304,990
345,025
112,765
50,091
314,444 42,265 112,627 483,452 237,242 1,190,030
Homeless
-ness
£
2,782
-
1,116
-
-
286,166
-
-		 Recovery
£
6,382
-
318
-
-
105,439
(3,571)
9,940		 Supported
housing
£
-
-
-
-
-
-
162,983
-		 Internat-
ional
support
£
145,069
61,973
7,452
50,000
262,873
-
-
-		 General
£
196,027
337
13,628
-
5,848
-
-
50,486		 2022-23
total
£

350,260
62,310
22,514
50,000
268,721
391,605
159,412
60,426
290,064 118,508 162,983 527,367 266,326 1,365,248

Page 46 of 58

Report & Accounts , 31[st] March 2024

HOPE worldwide

Notes to the Financial Statements

3 Analysis of Expenditure across distinct areas of activity

2023-24
Programme grants
Salaries and wages
Office & housing, incl. mortgage
Counselling/activities, training/events
Travel & subsistence
Volunteer costs
Legal & professional
Other direct expenses
Other indirect expenses
Subtotal
Support (see Note 6)
Total
2022-23
Programme grants
Salaries and wages
Office & housing, incl. mortgage
Counselling/activities, training/events
Travel & subsistence
Volunteer costs
Legal & professional
Other direct expenses
Other indirect expenses
Subtotal
Support (see Note 6)
Total		 Homeless
Services
£
4,000
211,906
75,703
1,872
1,129
142
-
(170)
6,640		 Homeless
Services
£
4,000
211,906
75,703
1,872
1,129
142
-
(170)
6,640		 Recovery
£
-
244,552
10,188
19,404
4,540
12,918
-
5,387
2,042		 Supported
housing
£
-
18,876
133,907
281
4
-
-
1,284
1,046		 Supported
housing
£
-
18,876
133,907
281
4
-
-
1,284
1,046		 Internat-
ional
support
£
536,268
98,703
86
-
3,462
25
-
-
277		 Raising
Funds
£
-
36,630
-
-
-
-
2,197
450
6,191		 2023-24
total
£
540,268
610,667
219,884
21,557
9,135
13,085
2,197
6,951
16,196
301,222
8,140		 299,031
39,149		 155,398
9,212		 638,821
21,025		 45,468
15,825		 1,439,940

93,351
309,362 338,180 164,610 659,846 61,293 1,533,291
Homeless
Services
£
-
230,293
54,501
1,830
947
15
-
197
7,721		 Recovery
£
-
148,727
11,109
17,286
2,550
16,229
-
6,594
1,307		 Supported
housing
£
-
63,225
109,379
1,237
-
-
-
1,255
1,046		 Internat-
ional
support
£
452,402
82,022
-
-
-
-
-
-
-		 Raising
Funds
£
-
36,169
-
-
-
-
4,030
1,918
5,045		 2022-23
total
£
452,402
560,436
174,989
20,353
3,497
16,244
4,030
9,964
15,119
295,504
12,943		 203,802
35,458		 176,142
8,937		 534,424
18,194		 47,162
9,055		 1,257,034

84,587
308,447 239,260 185,079 552,618 56,217 1,341,621

Page 47 of 58

Report & Accounts , 31[st] March 2024

HOPE worldwide

Notes to the Financial Statements

4 Financial performance by Programme

2023-24
Income
Costs of charitable activities
before support costs
Less increase in restricted funds
Financial performance
before support & fundraising
Fundraising cost by programme
Financial performance before
support costs
Support costs
Financial performance
after fundraising & support costs		 Homeless-
ness
£
314,444
(301,220)
-		 Recovery
£
42,265
(299,031)
-		 Supported
housing
£
112,627
(155,398)
-		 Supported
housing
£
112,627
(155,398)
-		 Internatio
nal
support
£
483,452
(638,821)
(41,401)		 Internatio
nal
support
£
483,452
(638,821)
(41,401)		 General
£
237,243
-
-		 2023-24
total
£
1,190,031
(1,394,470)
(41,401)
13,224
-		 (256,766)
-		 (42,771)
-		 (196,770)
-		 237,243
(45,469)		 (245,840)
(45,469)
13,224
(8,140)		 (256,766)
(39,149)		 (42,771)
(9,212)		 (196,770)
(21,025)		 191,774
(15,825)		 (291,309)

(93,351)
5,084 (295,915) (51,983) (217,795) 175,949 (384,660)
2022-23
`
Income
Costs of charitable activities
before support costs
Less increase in restricted funds
Financial performance
before support & fundraising
Fundraising cost by programme
Financial performance before
support costs
Support costs
Financial performance after
fundraising & support costs		 Reconciliation to SoFA
Add back restricted funds:
Surplus for year:		 Reconciliation to SoFA
Add back restricted funds:
Surplus for year:		 Reconciliation to SoFA
Add back restricted funds:
Surplus for year:		 Reconciliation to SoFA
Add back restricted funds:
Surplus for year:		 Reconciliation to SoFA
Add back restricted funds:
Surplus for year:		 41,401
(342,259)
Homeless-
ness
£
290,064
(295,504)
-		 Recovery
£
118,508
(203,802)
-		 Supported
housing
£
162,983
(176,142)
-		 Internatio
nal
support
£
527,367
(534,424)
(1,493)		 General
£
266,326
-
-		 2022-23
total
£
1,365,248
(1,209,872)
(1,493)
(5,440)
-		 (85,294)
-		 (13,159)
-		 (8,550)
-		 266,326
(47,162)		 153,883
(47,162)
(5,440)
(12,943)		 (85,294)
(35,458)		 (13,159)
(8,937)		 (8,550)
(18,194)		 219,164
(9,052)		 106,721

(84,584)
(18,383) (120,752) (22,096) (26,744) 210,112 22,137
Reconciliation 1,493
23,627

Page 48 of 58

Report & Accounts , 31[st] March 2024

HOPE worldwide

Notes to the Financial Statements

5 Grant making for overseas work

Country 2023-24 2022-23 2022-23 Organisation Programme 2023-24 2022-23
Total Country Amount Amount
£ £ £ £
Afghanistan 11,175 12,208 HOPEww Afghanistan General development 11,175
12,208
Australia - 660 HOPEww Australia Life for a Child -
660
Bahamas - - Hopeww Bahamas General fund -
-
Bangladesh 259,871 223,121 HOPEww Bangladesh General Support
Ashulia school		 1,640
80,722

40,292
Dhaka school 70,479
85,363
Jamgara school 107,030
97,466
Cambodia 1,400 1,217 HOPEww Cambodia General development 1,400
1,217
Sonia Kill hospital -
-
COVID-19 - 3,725 HOPEww Projects – misc. COVID-19 relief -
3,725
Croatia - 26 Croatia General fund -
26
India 137,669 82,517 HOPE_foundation_ General development 1,284
300
Asharan orphanage 12,253
17,424
Bangalore school -
500
Bhuj school 11,501
12,000
Chennai Arias Home -
-
Divya Orphanage -
12,515
Hyderabad School 24,136
9,655
Village of Hope 39,118
8,145
Leprosy bandaging unit 2,491
21,053
Sponsor a Child -
445
Tamil Nadu Fruit Forests 6,485
Tamil Nadu -
480
Tigri School 6,001
Puduppattinam School 34,400
Lebanon 22,099 73,455 Lebanon Disaster Fund General fund 17,050
51,859
Turkey/Syria Fund 5,049
21,596
Nepal 31,434 17,574 HOPEww Nepal General development 327
-
Kathmandu school 29,107
16,937
Vocational training 2,000
637
Pakistan - 3,000 Pakistan Relief Fund Pakistan Flood Relief Fund -
3,000
Romania 7,999 Foster Care 7,999
South Africa - 2,497 South Africa Relief Fund KwaZulu-Natal Flood
Relief Fund		 -
2,497
Sri Lanka - 3,104 Sri Lanka Fund General Fund 3,104
3,104
Ukraine 38,314 54,612 Ukraine Project Fund Ukraine Refugee Crisis 38,314
54,612
Zambia 40,056 8,250 HOPEww Zambia General development 22,315
-
Kupasa Banja 17,541
8,250
Chikondi Widows Voices 200
Zimbabwe 6,354 - HOPEww Zimbabwe General Fund
Action for Zimbabwe		 659
5,695		 -
-

Page 49 of 58

Report & Accounts , 31[st] March 2024

HOPE worldwide

Notes to the Financial Statements

Total grants made
Funds raised but not yet passed on as grants
Total		 556,371
485,966
146,260
179,270
702,631
655,236

Page 50 of 58

Report & Accounts , 31[st] March 2024

HOPE worldwide

Notes to the Financial Statements

6 Analysis of Support & Governance Costs

Analysis of Support & Governance Costs
2023-24 2022-23
£ £
Staff pay & human resources 27,084 20,095
Training & conferences 2,722 3,034
Travel and subsistence 4,371 1,574
Communications 675 611
Postage, printing, office supplies & utilities 291 11
Software & equipment 7,044 6,281
Marketing, events, subscriptions & website 5,275 3,993
Finance & insurance 3,704 2,335
Depreciation 10,701 10,910
Governance 31,482 35,743
93,349 84,587

Support costs are allocated on the basis of staff time spent on each non-support		 area of
activity (see Note 3).
Governance Costs breakdown
Audit 20,280 19,800
CEO time 8,418 12,784
Other 2,784 3,159
31,482 35,743
Net income
Net income for the year is stated after charging:
2023-24 2022-23
£ £
Auditor’s remuneration 20,280 19,800
Depreciation of tangible fixed assets 12,378 14,614
Operating lease rentals on buildings 88,187 89,092

7 Net income

Page 51 of 58

Report & Accounts , 31[st] March 2024

HOPE worldwide

Notes to the Financial Statements

8 Staff costs

Salaries
Social security costs
Defined contribution pension scheme

Average headcount		 2023-24
£
569,155
39,070
34,180
642,405
18		 2022-23
£
518,237
40,672
33,598
592,507
17

One employee received annual remuneration in excess of £60,000 in in the year (2023 none). Nothing was reimbursed to trustees during the year (2023: nothing) for travel expenses to attend Board Meetings. No trustee received any remuneration from the Charity in the current or prior year.

Management personnel considered key in serving the Charity during the period were the Chief Executive, the Director of Homeless Services, the Director of Recovery Services, the Director of Development and members of the Board of Trustees, all of whom are active in planning, directing and controlling the activities of the Charity. The total remuneration of key management (including all National Insurance and pension payments) amounted to £156,433 during the period and £162,602 in the prior period.

9 Tangible fixed assets

angible fixed assets
Freehold Leasehold Fixtures & Equipment 2023-24
property improve- fittings & chattels total
ments
£ £ £ £ £
Cost
As at 1 April 2023 870,937 31,205 33,654 21,794 957,590
Additions - - - 1,229 1,229
Reclassify to Current Assets (870,937) - (13,814) - (884,751)
Disposals - - (16,337) (5,661) (21,998)
At 31 March 2024 - 31,205 3,503 17,362 52,070
Depreciation
As at 1 April 2023 143,256 31,205 26,534 20,628 221,623
Charge for the period 9,944 - 1,046 1,400 12,380
Disposals - - (16,337) (5,667) (22,004)
Reclassify to Current Assets (153,200) - (7,740) - (160,940)
At 31 March 2024 - 31,205 3,503 16,361 51,069
Net book value
At 31 March 2024 - - - 1,001 1,001
At 31 March 2023 727,681 - 7,120 1,166 735,967

Page 52 of 58

Report & Accounts , 31[st] March 2024

HOPE worldwide

Notes to the Financial Statements

10 Properties held for sale

Asset net book value before transfer (note 9) 723,811
Fair value of asset at 31 March 2024 1,431,360
Gain on on Reclassification 707,549

The balance transferred from fixed assets to current assets held for sale has taken place due to a change of use with the assets now being held for resale. The assets have been revalued at the year end by Kinleigh Foklard & Hayward, Dexters, Winkworth, Marsh & Parsons and SLM with an average fair value calculated as £1,431,360. The assets had a carrying value for £723,810 as at year ended 31 March 2024.

Page 53 of 58

Report & Accounts , 31[st] March 2024

HOPE worldwide

Notes to the Financial Statements

11 Debtors
2023-24
£
Trade debtors
147,057
Prepaid expenses
13,758
Accrued Income
Lease deposits
19,597
1,300
181,712
12 Creditors: amounts falling due within one year
2023-24
£
Mortgage loan
28,096
Employee pensions
-
Trade creditors & accrued expenses
145,722
Foreign grant creditors
2,716
Deferred income
203,015
379,549
Deferred income reconciliation:
Opening deferred income
140,022
Released during the year
(92,452)
Income deferred during the year
140,022
Closing deferred income
203,015
13 Creditors: amounts falling due after more than one year
2023-24
£
Mortgage loan
414,675		 2022-23
£
130,285
30,718
4,623
165,626
2022-23
£
28,358
7,963
158,768
3,278
140,022
338,389
92,452
(92,452)
140,022
140,022
2022-23
£
443,501

The mortgage is secured by a fixed charge on the freehold property

Page 54 of 58

Report & Accounts , 31[st] March 2024

HOPE worldwide

Notes to the Financial Statements

13 Creditors: amounts falling due after more than one year (continued)

Analysis of debt maturity
In one year or less
Between 1 and 2 years
Between 3 and 5 years
More than 5 years
Unrestricted funds
Balance brought forward at 1 April
Net income
Transfers during the year
Balance carried forward at 31 March		 2023-24
£
28,096
54,162
86,721
273,792
442,771
2023-24
£
559,721
918,599
(481,392)
996,928		 2022-23
£
28,358
59,635
64,897
317,859
470749
2022-23
£
577,495
297,563
(315,337)
559,721

14 Unrestricted funds

Transfers represent an excess of restricted expenditure over restricted income funded by unrestricted funds.

15 Restricted funds

2023-24
Homeless services
ODAAT programme
Supported housing
International
support
Total		 Balance at
31/03/2023
£
-
-
-
179,270
179,270		 Income
Expenditure Transfers
2023-24
2023-24
2023-24
£
£
£
314,444
(301,222)
(13,222)
42,265
(299,032)
256,767
-
(155,398)
155,398
483,452
(638,820)
122,358
840,161
(1,394,472)
521,301		 Balance at
31/03/2024
£
-
-
-
146,260
146,260

The Homeless Services fund is used to assist homeless people in securing long term accommodation.

The ODAAT fund is part of our Recovery Services and is used to assist beneficiaries seeking to overcome drug or alcohol addiction.

Page 55 of 58

Report & Accounts , 31[st] March 2024

HOPE worldwide

Notes to the Financial Statements

15 Restricted Funds (continued)

The Supported housing fund is also part of our Recovery Services and is used to assist those in supported housing and afterwards with their move-on to sustainable housing.

International Support funds represent donations received to fund overseas work.

International support funds with balances to carry forward in 2022-23:

Afghanistan
Cambodia
COVID-19
International Relief
India, General Fund
India, Asharan Orphanage
India, Hyderabad School
India, Funds for other work
India, Village of HOPE
India, Puduppattinam Primary
School
Lebanon, Earthquake Relief
Turkey
Malaysia
Nepal General
Nepal, Kathmandu School
Romania General fund
Ukraine, Relief fund
Zambia general fund
Zambia, Kupasa Mwana
Zimbabwe, Action for Zimbabwe
Total
2022-23
Balance at
31/03/2022
£
Homeless services
-
ODAAT programme
-
Supported housing
-
International support
177,778
Total
177,778		 2023-24
2022-23
£
£
650
305
200
100
650
100
37,093
15,301
23,289
--
10,107
155
1,590
17,500
14,911
31,651
23,492
31,973
6,235
40,415
11,899
--
82
-
42
1,145
-
2,305
7,001
-
8,002
38,030
342
--
785
--
180
--
146,260
179,270
Income
Expenditure Transfers
Balance at
2022-23
2022-23
2022-23
31/03/2023
£
£
£
£
290,064
(295,505)
5,441
-
118,508
(203,803)
85,295
-
-
(176,143)
176,143
-
527,367
(534,424)
8,549
179,270
935,939
(1,209,875)
275,428
179,270

Page 56 of 58

Report & Accounts , 31[st] March 2024

HOPE worldwide

Notes to the Financial Statements

16 Related party transactions

There were no related party transactions in 2023-24 that require disclosure. (2022-23: none).

17 Operating lease commitments

At 31 March, the Charity is committed to making the following minimum payments under noncancellable operating leases:

Land and buildings
Amounts payable:
Within 1 year
Within 2 to 5 years		 2023-24
£
30,000
8,548
38,548		 2022-23
£
79,600
100,948
180,548

Page 57 of 58

Report & Accounts , 31[st] March 2024

HOPE worldwide

Notes to the Financial Statements

18 Statement of Financial Activities for the prior year (ended 31[st] March 2023), showing the split between unrestricted and restricted funds in the prior year.

Income from:
Donations
Charitable activities
Investments
Other
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net income/(expenditure)
Transfers
Net movement in funds
Balances brought forward at 1stApril
Balances carried forward at 31st March		 Unrestricted
Restricted
Total
Funds
funds
funds
2022-23
2022-23
2022-23
£
£
£
215,840
537,965
753,805
200,842
397,974
598,816
1,461
-
1,461
11,166
-
11,166
429,309
935,939
1,365,248
52,295
-
52,295
79,451
1,209,875
1,289,326
131,746
1,209,875
1,341,621
297,563
(273,936)
23,627
(275,428)
275,428
-
22,135
1,492
23,627
577,495
177,778
755,273
599,630
179,270
778,900

Page 58 of 58