2023-04-05-accounts - Service Of Hope

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Registered Charity Number: 1073255

Service of Hope

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

For the year ended 5 April 2023

Registered Charity number 1073255

Service of Hope Contents

	Page
Administrative information	1
Trustees' annual report	2 - 4
Independent examiner's report	5
Receipts and payments account	6
Statement of assets and liabilities	7
Notes to the accounts	8

Correspondence Address: 57 Burton Street, Hillsborough, Sheffield, S6 2HH T: 07946630954 E: admin@serviceofhope.org Please donate to: Service of Hope Charity, Lloyds Bank, Sort code: 309505 Account: 01619012

Registered Charity number 1073255

Service of Hope Administrative information

Full name Service of Hope

Other names

My Father’s House (working name)

Charity number 1073255

Trustees

Jodie Marshall Chair and Treasurer Natasha Hargrove Emma Liversidge-Smith

Secretary Jodie Marshall

Principal address

57 Burton Street Hillsborough Sheffield S6 2HH

Independent Examiner (and accountants)

Susan Cochrane, FCA Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH

Registered Charity number 1073255

Trustees' annual report For the year ended 5 April 2023

The trustees are pleased to present their annual report together with the financial statements of the charity for the year ending 5 April 2023.

Structure Governance & Management

The organisation was registered with the Charity Commission on 11 January 1999 under a declaration of trust dated 5 November 1998.

The trustees are required to meet at least twice a year. The trustees are generally responsible for the running of the trust with most of the day to day work completed by the chair of trustees and secretary. The other trustees support this where necessary.

Objects and activities

Service of Hope is a UK based trust that raises money to support work with vulnerable groups in the North East of Brazil. The charitable objects are:

to further the religious and other charitable work of the Anglican Episcopal church in the territory covered by the diocese of North East Brazil as at 5 November 1998
to relieve persons resident in the country of Brazil who are in conditions of need hardship or distress by reason of their social and economic circumstances

The charity’s main sources of income come from regular donations from individuals, churches and religious groups from across the UK. The trustees have general powers to raise and receive funds and apply them to the objects of the Charity.

Currently, grants are given to support the work of a non-governmental project in Olinda, Brazil called “Casa de Meu Pai” (My Father’s House). The project was founded by Ian and Simea Meldrum, Anglican vicars, who work with people who live in local deprived communities in Olinda, in the state of Pernambuco. Their work supports vulnerable children and families at risk. The Non-Governmental Organisation (NGO) is now primarily run by a team of workers, a group of non-executive directors and the President Ian Meldrum. Over the years it has moved from being based in a house, offering accommodation to boys at risk, to now being fully focused on delivering community programmes in locally deprived areas of the city. This is often done in partnership with other organisations and churches, and includes delivering a wide range of classes, holiday clubs, homework clubs, parental support and cooking classes and general social care support to families and children using community centres.

Registered Charity number 1073255

Trustees' annual report (continued) For the year ended 5 April 2023

Objects and activities (continued)

In practise the donations from individuals are given primarily to support the work of the “My Father’s House” project, although it does also have the ability to offer Grants to other organisations fulfilling the objectives should the trustees choose. A small amount from donations goes towards the administration of Service of Hope. Currently, it has been decided that Service of Hope will continue to only support My Father’s House, due to the limited funds that are being raised by the charity. Donors understand that administration costs incurred by the charity will be funded from gift aid reclaimed and any unrestricted donations.

Summary of the main activities

£25,994 has been donated to Service of Hope during this year. This has included donations from individuals, churches, and other religious organisations supporting the work. Although some regular donations have continued, Service of Hope has continued to see a decline in donations. As the Cost of Living Crisis in the UK continues and becomes worse, the charity is continuing to see the repercussions of this through regular monthly donors decreasing amounts or stopping donating all together.

During 2022-2023 recruiting Trustees to support this work still proves difficult. The difficulties of this are connected with the primary support for the work coming from elderly people, who are either too old to support practically or lack the experience of working digitally that is required. With the ongoing Trustee concern and a decrease in donations these areas currently hold the biggest risk for the charity. As with previous years, ongoing conversations are continuing between Service of Hope and My Father’s House around these issues, and grants will only be given inline with the donations Service of Hope is receiving. A meeting took place in the UK with Ian Meldrum (My Father’s President) this year to discuss these issues and concerns, and he was made aware that the monthly grant to the project might decrease.

More information about the work we support can be found at Service of Hope’s new website:

www.serviceofhope.org

In planning our activities, the trustees have considered the Charity Commission’s guidance on public benefit and have considered the Charity Commission guidance on working internationally.

Financial summary

The charity received £24,846 in donations towards the work of the charity. £24,126 of these donations have been treated as restricted donations, specifically for the My Father’s House project in Olinda. The charity also received £1,148 from gift aid claims during this period.

Registered Charity number 1073255

Trustees' annual report (continued) For the year ended 5 April 2023

Reserves policy

Free reserves at 5 April 2023 were £6,403 (2022: £5,387).

The trustees consider that, due to the grant-making nature of the charity, that free reserves should be sufficient to cover any outstanding liabilities at the year end. Any reserves after liabilities will be put towards grants given for the following year.

Future Plans – 2023-2024

The Trustees have so far not been successful in raising the profile of the charity and in seeking new Trustees to work with Service of Hope. The Trustees are aware of the risks this is causing and are working closely with My Father’s House to make sure that they are also aware of this. As a part of this we have decreased the monthly grant to My Father’s House to make sure that it is reflective of the donations coming in.

Towards the end of this financial year Trustees met and discussed the possibility of closing Service of Hope down within the next 18 months and according to donations decreasing further to Service of Hope. This is being monitored closely and grant donations to My Father’s House have been decreased in order to enable Service of Hope to continue supporting the work in Brazil for as a long as possible. Formal procedures for closing that charity have not been started yet, but it is being discussed and explored as an option. Ongoing reviews around this will take place through 2023 – 2024 between the Trustees and My Father’s House. Trustees are currently clear that Service of Hope is at risk and are working to manage this and review the options to the charity appropriately

Nov 6, 2023

The trustees declare that they have approved the trustees' report above on ____

Signed on behalf of the trustees:

Jodie Marshall (Nov 6, 2023 16:58 GMT)

Jodie Marshall Chair

Registered Charity number 1073255 SERVICE OF HOPE suppottTING THE VUINERA8LE IN DRAZIL Independent Examinerfs report to the trustees of Service of Hope 1.the ChariW'I I report to the trustees on my examination of the accounts of the Charity for the year ended 5 April 2023. Responsibilities and basis of report As the charity's trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirement% of the Charities Act 20111'the Act'l. I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the Act. Independent examine5 Statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause tts believe that in any material respect.. 1. accounting records were not kept in respect of the Charity as required by section 130 of the Act., or 2. the accounts do not accord with those records. I have no concerns and have come acrtsss 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. Signed-. Suson Cochrone FCA Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH Date.. 0711112023 Correspondence Address- 57 Burton Street, Hillsborough, Sheffield, 56 2HH T: 07946630954 admin@serviceofhope.org Please donate to.. Service of Hope Charity, Lloyds Bank, Sort code.. 309505 Account.. 01619012

Service of Hope

Receipts & payments account For the year ended 5 April 2023

Receipts Donations Donations from individuals Gift Aid Total receipts Payments Grants My Father's House Administration costs Independent examination Other administrative expenses Total payments Net receipts/(payments) Cash funds at the start of the year Cash funds at end of the year	General Funds £ 720 1,148 1,868 - 420 432 852 1,016 5,387 6,403	Restricted Funds £ 24,126 - 24,126 27,020 - - 27,020 (2,894) 3,580 686	Total 2023 £ 24,846 1,148 25,994 27,020 420 432 27,872 (1,878) 8,967 7,089	Total 2022 £ 26,296 1,218 27,514 26,400 420 967 27,787 (273) 9,240 8,967

In 2022 £25,816 of receipts were restricted and £1,698 were unrestricted. £26,400 of payments were restricted and £1,387 were unresticted.

Service of Hope

Statement of assets and liabilities As at 5 April 2023

----- Start of picture text -----
2023 2022
£ £
Cash assets
Balances at bank:
Current account 7,089 8,967
7,089 8,967
Other assets
Gift aid reclaimable 880 1,148
880 1,148
Liabilities
Accountancy and independent examination fee 474 444
474 444
Nov 6, 2023
Approved by the Trustees on …………………………………………..
Signed on behalf of the trustees by:
----- End of picture text -----

Jodie Marshall: Jodie Marshall (Nov 6, 2023 16:58 GMT) Chair

Service of Hope

Notes to the accounts For the year ended 5 April 2023

1 Accounting policies

Receipts & payments account

Receipts and payments accounts are statements that summarise the movement of cash into and out of the charity during the financial year. In this context "cash" includes cash equivalents, for example, bank accounts where cash can be readily withdrawn to pay for debts as they become due.

Funds

General funds are donations and other income receivable or generated for the objects of the organisation without further specified purpose.

Restricted funds are to be used for specific purposes as laid down by the donor.

2 Restricted funds

My Father's House	Funds b/fwd £ 3,580 3,580	Income £ 24,126 24,126	Expenditure £ (27,020) (27,020)	Funds c/fwd £ 686 686

My Father's House Funds specifically given to be passed on to My Father's House, rather than the wider work of the charity.

Prior year My Father's House	*Funds* *b/fwd* £ 4,164 *4,164*	*Income* £ 25,816 *25,816*	*Expenditure* £ (26,400) *(26,400)*	*Funds* *c/fwd* £ 3,580 *3,580*

3 Related party transactions

No trustees received expenses during the period (2022: No trustees). No other remuneration or benefits were received by the trustees in this period.