REGISTERED COMPANY NUMBER: 03791772 (England and Wales)
REGISTERED CHARITY NUMBER:1077336
HOPE
CENTRE
Café • Child Contact • Support Services • Early Years
Report of the Trustees and
Financial Statements for the Year Ended 31 March 2025 for
H.O.P.E FOR CHILDREN AND THEIR FAMILIES LIMITED

H.O.P.E. for Children and Their Families Limited
Contents of the Annual Report and Financial Statements
For the year ended 31 March 2025
Trustees Report
Independent Examiners Report
Statement of Financial Activities
Balance Sheet
Cashflow statement
Notes to the Accounts
Page
1-5
6
7
8
9
10-16

H.O.P.E. for Children and Their Families Limited
Report of the Trustees
(Including Directors Report)
For the year ended 31 March 2025
ACHIEVEMENT AND PERFORMANCE,
Charitable activities
This report follows the requirements of the Statement of Recommended Practice (SORP) for accounting and
reporting by charities and the Trustees also confirm that they have had regard to the Charity Commission's
guidance on public benefit.
The Hope Centre is an incorporated charity, constituted as a limited company governed by a memorandum and
articles of association. Its purposes are set out in the memorandum and include providing facilities for education
and day care for children below school age, family support, childcare and parenting and activities for social
inclusion and relief to those in need.
During 2024-25, The Hope Centre has continued to offer a diverse range of services to meet those purposes anc
has developed other partnerships relating to social inclusion and the relief of need, with the aid of additiona
funding from The National Lottery Community Fund, which is gratefully acknowledged.
In 2024-25, The Hope Centre renewed its commitment to the community and services in spite of some changes in
Early Education Funding, increases in National Insurance and policy changes in the Early Years sector. This has
increased demand but does not pay enough to offset provider costs. Nationally the Early Years sector continues to
feel the impact of the continued expansion of funding for households and families. The offer of more "free" places
for children for either 15 or 30 hours a week has meant that many providers, as reported last year, are facing
financial changes in their income and hence their livelihood. The impact has been an increase in demand for places
but insufficient increases to meet the costs of providing the service, partially offset by increasing the ratio in the
number of children in the 3-4 age group to 5 children per adult. Many providers have closed since Covid, due to the
financial pressures. Our own Early Years department has had to consider how to adapt and respond to the changes
and how to ensure our own sustainability. This has been a challenge to ensure that we remain as flexible as we can
for people while balancing our finances. We hope to minimise changes as far as possible, however it may be that
we have to make more adjustments to the Early Years offering in the future because of further changes to the
system in April 2025 and September 2025.
As well as the Early Years provision the Hope Centre provides public benefit to a range of beneficiaries in Bromyard
and Wilmslow. Our support and services in the community are a combination of activities, groups and individual
support created to respond to local needs.
Our work with organisations such as Bromyard Relief in Need, schools
in Bromyard and Health Care professionals connects us to the community. These strong connections are key in
sustaining services and being relevant locally. On site, the breadth of services remains wide serving the young and
old and aligns with our mission and aims.
In the past year, under the umbrella of support we offer, our Café team have cooked over 1500 meals to our loyal
and thriving Wednesday lunch Club for over 60s; the Support Services team has delivered nearly 1000 hot healthy
meals to those who are isolated and lonely in our community; nearly 150 people have received specialist advice
from Citizens Advice at the centre; we have had 330 attendances at our Craft Club that runs on a Monday every
week and nearly 2500 children have enjoyed the resources and play and learning opportunities at our free soft play
in the café.
A key part of all that is offered here is to ensure people feel connected and that we create links and opportunities
to prevent individuals from feeling isolated and lonely.
In 2023 we launched our Young People drop in which has grown over the years and is now an established part of
our support for young people in the community. Every fortnight we hold a group in partnership with another
organisation, Onside Advocacy, offering activities in a place that is safe and supportive for those who attend. The
group is facilitated by staff, and food, conversation, support and input from young people are a big part of how we
make sure the group is relevant to the success of the group and the positive experience created. The Hope Centre
strives to provide a centre of activity and support for the community and is proud of its achievement in the work
delivered. This project is a part of our Link; Local; Together project mentioned below.
Page 1

H.O.P.E. for Children and Their Families Limited
Report of the Trustees
(Including Directors Report)
For the year ended 31 March 2025
In this period, the charity successfully applied for funding from Eveson Trust, Garfield Weston and The National
Lottery. The total grant funding from Eveson and Garfield Weston was £15k and £25k, respectively, towards core
costs and the charity is extremely grateful for their support and acknowledgement of the need for our services.
Our 'Link; Local; Together' project award from The National Lottery funds support and services in the community,
including some of our SEND work, our work with Young People and our ongoing food, finance, mental health and
children and parents' activities and services for the next three years until September 2027. The third sector is often
relied upon to bridge gaps and provide essential services that prevent crises and sustain well-being, and funding
and grants are a fundamental aid to delivery.
This will be the last year 1 write this report on behalf of the Trustees, as I am standing down as Chair and retiring
from the Board. I have been privileged to serve the charity and the community since it was set up in 1998 and |
would like to offer thanks to everyone who has made it so rewarding. I wish to pay tribute to the vision and
leadership of our CEO Sarah Eardley who, together with her team of loyal and committed senior managers and
staff, continue to make The Hope Centre the well-respected and exceptional charity it is today. This is particularly
impressive at a time when the work of charities is more important than ever and so many are struggling. I also want
to thank my fellow Trustees for their continued regular commitment to the charity. Finally, thanks to our
community and stakeholders, funders, volunteers and others who have supported us so well over the period.
FINANCIAL REVIEW
Income in the year was very slightly up from the prior year (1%), within the overall total, a decline in income from
donations and trading was counterbalanced by a near-doubling of investment income. Overall expenditure was up
by 4%. Unrestricted funds reduced by less than 1%
Investment policy
Unrestricted funds in excess of our Reserves Policy are placed in short term investment bonds to achieve the
highest available return. Currently there are no available funds for long-term investment.
Reserves policy
The policy of the trustees is to maintain general unrestricted funds (excluding fixed assets held for charity use) at a
level equivalent to at least 3 months expenditure. The trustees work to achieve the level of general unrestricted
funds in line with the policy at all times.
Unrestricted funds declined by £3,116, taking the balance at year end to £401,065. £167,570 of this total is
represented by fixed assets, leaving free reserves of £233,495, well above the reserves target of £168,506.
Risks
A risk register is presented and reviewed by senior management and Trustees at each Board meeting and reviewed
regularly.
To do this, the Trustees set a comprehensive budget each year. Management accounts are prepared each month
showing performance against budget in each area of activity and Trustees review these reports at each meeting.
The principal identified risk is the long term financial sustainability of the Charity.
Page 2

H.O.P.E. for Children and Their Families Limited
Report of the Trustees
(Including Directors Report)
For the year ended 31 March 2025
Patron's Report
The year described in this report was yet another busy one for HOPE. As well as the day-by-day success that is
represented in the positive engagement that many in the Bromyard community enjoy with the staff and facilities at
HOPE, there was success in obtaining more Lottery funding for 3 years for the 'Link, Local, Together' project, in
addition to financial support for core funding from the Garfield Weston and Eveson Trust. Grants of this nature do
not just arrive out of the blue in the post, they are the result of sustained, detailed (and often tedious) application
processes made to bodies that are receiving many other similar requests. Making such applications may seem, at
the time, to be a pretty thankless task, but I, for one, am very grateful for those who do this important work for our
collective benefit.
I write this at a time when there is heightened awareness of the need to do more to support the teenage
community in Bromyard, in this regard the continued work of HOPE in running Young People drop-in sessions,
which offer a safe and secure place on a regular basis delivering activities, together with emotional and practical
During this year, HOPE has introduced a new service to provide, often 1-2-1, support for those with Special
Educational Needs and Disabilities ['SEND'] and their families, making use of the sensory room and other facilities
I mention these three aspects of life at HOPE not to belittle the other valuable work that the volunteers and staff do
to support the community, for example by making food deliveries, or creating connections and positive
engagement with the vulnerable and isolated. I have done so to demonstrate how HOPE continues to be agile in
spotting and then striving to meet local need across the community, for all ages and circumstances.
I remain very proud to be the Patron of HOPE. I am confident that many in Bromyard and further afield will join me
in expressing my genuine gratitude and admiration for each and every member of the staff team, and all that they
do.
The Rt Hon Sir Andrew McFarlane
Page 3

H.O.P.E. for Children and Their Families Limited
Report of the Trustees
(Including Directors Report)
For the year ended 31 March 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited
by guarantee, as defined by the Companies Act 2006.
H.O.P.E. for Children and Their Families Limited is a charitable company limited by guarantee, incorporated on
18 June 1999 and registered as a charity on 8 September 1999.
The company is established under a Memorandum of Association that established the objects and powers of
the charitable company and is governed under its Articles of Association. Members of the charitable company
guarantee to contribute an amount not exceeding €10 to the assets of the charitable company in the event of
winding up.
Recruitment and appointment of new trustees
The directors of the company are also charity trustees for the purposes of charity law. Under the requirements of
the Memorandum and Articles of Association, the trustees are elected to serve for a period of three years after
which they must be re-elected at the next Annual General Meeting.
The Charity provides Trustees with an induction in accordance with the Governance and Recruitment documents
which follow Charity Commission guidance on roles and responsibilities of Charity Trustees. All trustees receive an
induction pack.
Organisational structure
The day to day management of the charitable company is undertaken by Sarah Eardley, Chief Executive Officer.
Meetings of the trustees are held 4 times a year when matters concerning the charity are discussed.
Remuneration of key management personnel is reviewed annually in accordance with policy and contractual terms
and conditions.
Related parties
Some of the directors are also directors of H.O.P.E Enterprises Limited and H.O.P.E for Children and Their Families is
also a director of H.O.P.E Enterprises Limited, a company which generates funds for community projects. Details
of the transactions between them are noted in the accounts.
Page 4

H.O.P.E. for Children and Their Families Limited
Report of the Trustees
(Including Directors Report)
For the year ended 31 March 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number 03791772 (England and Wales
Registered Charity number 1077336
Registered office Hope Family Centre, Hereford Road, Bromyard, Herefordshire HR7 4QU
Trustees
Mrs S J Kelly
Ms G D Tait
Dr J Stevens
Mr A Berry
Ms A Moore
Mrs S Handley
Ms J Adam
Early Years Education Mentor (retired)
Dental Surgeon (retired)
(resigned 13/11/24)
NHS Director (retired)
(appointed 17/07/2024)
Chief Executive Officer
Ms S. Eardiey
Independent Examiners
Kendall Wadley LLP
Granta Lodge, 71 Graham Road, Malvern WR14 2JS
Bankers
Lloyds Bank plc
9 Corn Square, Leominster HR6 8LT
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees (who are also the directors of H.O.P.E For Children And Their Families Limited for the purposes
of company law) are responsible for preparing the Report of the Trustees and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and
fair view of the state of affairs of the charitable company and of the incoming resources and application of
resources, including the income and expenditure, of the charitable company for that period. In preparing those
financial statements, the trustees are required to
• select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charity SORP;
• make judgements and estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at
any time the financial position of the charitable company and to enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the
charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other
irrerularities.
Independent Examiners: Kendall Wadley LLP will be proposed for re-appointment at the forthcoming Annual
General Meeting.
Approved by order of the board of trustees on November 19th 2025 and signed on its behalf by:
Sarah 7. Kelly
Mrs S J Kelly - Trustee
Page 5

H.O.P.E. for Children and Their Families Limited
Report of the Independent Examiner to the Trustees of H.O.P.E for Children and their Families Limited
I report to the charity trustees on my examination of the financial statements of HOPE for Children and Their Families
Limited (the charity) for the year ended 31 March 2025 which are set out on pages 7-16.
Responsibilities and basis of report
As the charity trustees, of the company (and also its directors for the purposes of company law) you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act").
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 act and
are eligible for independent examination, I report in respect of my examination of your company's accounts carried out
under section 145 of the Charities Act 2011 ("the 2011 Act"). In carrying out my examination, I have followed all the
applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the
2011 Act. I confirm that I am qualified to undertake the examination because l am a member of the Institute of Chartered
Accounts in England and Wales(ICAEW) which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in, any material respect:
1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
2. the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than
any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an
independent examination;
4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
I have no concerns and have come across no other matters in connection with the examination to which attention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Elizabeth Needham ACA CTA (VAT)
Kendall Wadley LLP
Granta Lodge
71 Graham Road
Malvern
Worcestershire
WR14 2JS
Page 6

Income and Endowments from
Donations and Legacies
Charitable activities
Support for children and their families
Other trading activities
Investment Income
H.O.P.E. for Children and Their Families Limited
Statement of Financial Activities
for the year ended 31 March 2025
(incorporating the income and expenditure account)
Notes
2
3
4
5
Unrestricted
Funds
6,218
436,823
87,816
10,858
541,715
Restricted
Funds
-
108,678
Expenditure on
Raising funds
Charitable activities
Support for children and their families
Total
Net Income/(Expenditure)
7
544,806
544,831
(3,116)
108,678
-
129,193
129,193
(20,515)
2025
Total Funds
6,218
545,501
87,816
10,858
650,393
25
673,999
674,024
(23,631)
Reconciliation of Funds
Total Funds brought forward
Total Funds carried forward
Continuing Operations
All income and expenditure has arisen from continuing activities
Page 7
2024
Total Funds
(Note 11)
10,649
534,373
92,906
5,945
643,873
20
648,201
648,221
(4,348)

H.O.P.E. for Children and Their Families Limited
Balance Sheet
At 31st March 2025
Unrestricted
Funds
Restricted Funds
2025
Total Funds
Fixed Assets
Tangible Assets
Notes
12
167,570
317,935
485,505
Current Assets
Debtors
Current Asset investments
Cash at bank and in hand
13
14
27,175
169,339
61,622
:
48,527
27,175
169,339
110,149
258,136
48,527
306,663
Creditors
Amounts falling due within one year
15
(24,641)
(24,641)
Net current assets
233,495
48,527
282,022
Total Assets less current liabilities
401,065
366,462
767,527
Net Assets
401,065
366,462
767,527
Funds
Unrestricted
Restricted
16
401,065
366,462
401,065
366,462
Total Funds
401,065
366,462
767,527
2024
Total Funds
495,697
29,001
162,748
131,219
322,968
(27,507)
295,461
791,158
791,158
404,181
386,977
791,158
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies.
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025. No member of the
company has deposited a notice, pursuant to section 476, requiring an audit of these accounts under the requirements of the Companies Act 2006.
The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements
which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income
and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006
relating to financial statements, so far as applicable to the company.
The financial statements were approved by the Board of Trustees on 19th November 2025 and were signed on its behalf by:
sarah J. Kelly
Mrs S J Kelly -Trustee
Company Registration No. 03791772
Page 8

Cashflows from Operating activities
Cash absorbed by operations
Net Cash used in operating activities
Cashflows from investing activities:
Purchase of tangible fixed assets
Interest Received
Net cash (provided by) used in
investing activities
Change in cash and cash
equivalents in the reporting period
H.O.P.E. for Children and Their Families Limited
Cash Flow Statement
for the year ended 31 March 2025
2025
20,572
-
20,572
4,766
10,858
6,092
-
-
-
14,480
Cash and cash equivalents at the
beginning of the reporting period
293,967
Cash and cash equivalents at the
end of the reporting period
279,487
Cash and cash equivalents
consists of:
Cash at bank and in hand
Short term deposits
Cash and cash equivalents at the
end of the reporting period
110,149
169,339
279,488
Reconciliation of net expenditure to net cash flow from
Operating activities
2025
23,631
Net expenditure for the reporting
period (as per the statement of
financial activities)
Adjustments for:
Depreciation charges
investment income received recognised in -
(Increase)/decrease in debtors
(Decrease)/increase in creditors
Net cash provided by (used in) operating : -
Page 9
14,958
10,858
1,825
2,866
20,572
2024
8,757
8,757
8,831
5,211
3,620
5,137
288,830
293,967
131,219
162,748
293,967
2024
4,348
15,008
5,211
1,160
4,468
8,757

H.O.P.E. for Children and Their Families Limited
Notes to the Financial Statements
for the year ended 319 March 2025
Company Information
H.O.P.E for Children and Their Families Limited is a private company limited by guarantee incorporated in England and Wales (company number: 03791772) and a charity registered
in England and Wales (charity number: 1077336). The address of the registered office is: The Hope Centre, Hereford Road, Bromyard, England, HR7 4QU
1. Accounting Policies
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standar
applicable in the UK and Republic of Ireland (FRS 102) (as amended for accounting periods commencing from 1 January 2019), Financial Reporting Standard 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest f.
Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the
foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be
measured reliably.
Income from the government and other grants, whether 'capital" grants or 'revenue grants, is recognised when the charity has entitlement to the funds, any performance conditions
attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Expenditure
Liabilties are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic
benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under
headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent
with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life
Freehold property
Equipment
Furniture & fittings
- 2% on cost
- 20% on cost
- 20% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Page 10

H.O.P.E. for Children and Their Families Limited
Notes to the Financial Statements
for the year ended 31s March 2025
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the directors in furtherance of the general objectives of the charity and which have not been
designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the directors for particular purposes. Restricted funds are funds which are
to be used in accordance with specific restrictions imposed by donors, or which have been raised by the charity for particular purposes.
Financial instruments
The charity has elected to apply the provisions of Section 11 Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial
instruments.
Financial instruments are recognised in the charitys balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and
there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at
amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future
receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or
similar account.
Basic financial liabilities
Basic financial liabilities, including creditors are initially recognised at transaction. Financial liabilities classified as payable within one year are not amortised.
Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities
that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant.
Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where
the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods
Page 11

2.
Donations and Legacies
Donations
3. Income from Charitable Activities
Grants
Fees receivable
Government Grants
Sure Start
Early Years Nursery Education Funding
Herefordshire Council Funding
Other
National Lottery
CAFCASS Support Grant
RIN Grant
Other Grants
Garfield Weston
Eveson Trust
4. Other Trading Activities
Café Sales
Other Income
5. Investment Income
Investment Income
6. Raising Funds
Raising donations and legacies
Fundraising costs
7. Charitable Activities costs
Support for children and their families
315 March 2024
H.O.P.E. for Children and Their Families Limited
Notes to the Financial Statements
for the year ended 315 March 2025
2025
Unrestricted
=
Activity
Support for children and their families
Support for children and their families
=
=
=
6,218
2025
216,468
220,355
436,823
173,691
1,850
927
25,000
15,000
216,468
2025
46,195
41,621
87,816
2025
10,858
2025
25
=
2025
Restricted
2025
108,678
108,678
2,256
103,922
2,500
108,678
2025
:
2025
2025
Direct Costs
671,634
645,255
Page 12
2025
Total
6,218
2025
325,146
220,355
545,501
175,947
1,850
927
103,922
2,500
.
25,000
15,000
325,146
2025
46,195
41,621
87,816
2025
10,358
2025
25
Support costs
(see note 8)
2,365
2,941
Totals
€
2024
10,649
2024
292,893
241,480
534,373
28,249
85,318
4,638
2,034
168,160
2,500
1,994
292,893
2024
44,513
48,393
92,906
2024
5,945
2024
20
673,999
648,196

H.O.P.E. for Children and Their Families Limited
Notes to the Financial Statements
for the year ended 315 March 2025
8. Support Costs
Support for children and their families
315 March 2024
Support costs included in the above are as follows
Finance
765
581
Bank Charges
over accrual for independent examination in prior year
Independent Examiners remuneration for independent examination
Governance
Costs
1,600
2,360
2025
Support for
children and
their families
765
(200)
1,800
2,365
Totals
2,365
2,941
2024
Support for children and
their families
581
360
2,000
2,941
9. Trustees Remuneration and Benefits
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024
Trustees' expenses
1 trustee (2024 -Nil) was reimbursed expenses totalling f60 (2024 - Nil) relating to professionall subscriptions.
10. Staff Costs
Wages & Salaries
Social Security Costs
Pension Costs
The average monthly number of employees during the year was as follows:
Full Time equivalent
Headcount
Remuneration of key management personnel
Total for the year
No employees received emoluments in excess of £60,000.
2025
480,281
30,378
8,433
519,092
2024
462,140
26,624
7,822
496,586
2025
22
27
2025
198.028
2024
19
29
2024
186,375
Page 13

H.O.P.E. for Children and Their Families Limited
Notes to the Financial Statements
for the year ended 315 March 2025
11. Comparatives for the Statement of Financial Activities
Income and Endowments from
Donations and Legacies
Charitable activities
Support for children and their families
Other trading activities
Investment Income
Total
Expenditure on
Raising funds
Charitable activities
Support for children and their families
Total
Net Expenditure
Reconciliation of Funds
Total Funds brought forward
Total Funds carried forward
Represented by:
Tangible fixed assets
Net current assets
2024
Unrestricted
Funds
10,649
363,713
92,906
5,945
473,213
20
497,452
497,472
(24,259)
428,440
404,181
165,096
239,085
404,181
12. Tangible Fixed Assets
COST
At 1 April 2024
Additions
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
Freehold
Property
705,602
4,766
710,368
218,265
12,931
231,196
479,172
487,337
Included in cost or valuation of land and buildings is freehold land of £61,417 (2024 £61,417) which is not depreciated.
82,531
82,531
78,641
865
79,506
3,025
3,890
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2024
Restricted
Funds
-
170,660
:
170,660
-
150,749
150,749
19,911
367,066
386,977
330,601
56,376
386,977
22,140
1,162
3,308
4,470
2024
Total Funds
10,649
534,373
92,906
5,945
643,873
20
648,201
648,221
(4,348)
795,506
791,158
495,697
295,461
791,158
Totals
810,273
4,766
815,039
314,576
14,958
485,505
495,697

H.O.P.E. for Children and Their Families Limited
Notes to the Financial Statements
for the year ended 31 March 2025
13. Debtors: Amounts falling due within one year
Trade debtors
Other debtors
Prepayments and accrued income
14.
Current asset investments
Cash equivalents on deposit
15. Creditors: amounts falling due within one year
Trade Creditors
Social security and other taxes
Other creditors
Accruals and deferred income
16. Movement in funds
Unrestricted Funds
General Funds
Restricted Funds
Grants for new building
Ground Source Heat Pump
CAFCASS Support Grant
EYPP
National Lottery: Restoring Resilience Together
The National Lottery Community Fund: Reaching Communities/Partnerships
Restricted funds are held for the following purposes
At 01/04/2024
=
=
404,181
303,941
26,660
56,376
386,977
791,158
Incoming
Resources
541.715
2,500
2,256
103,922
108,678
650,393
Grants for new building & Ground Source Heat pump: for construction of facilities and to meet subsequent depreciation charges.
CAFCASS: for the support of the Contact centre, providing staff and resources to assist non-resident parents maintain contact with children
National Lottery grants: for support to the local communit
EYPP: Herefordshire Council grants for staff time and equipment to support children with identified needs in Early Years
2025
7,375
3,400
16,400
27.175
2025
169,339.00
169,339.00
2025
7,609
6,697
5,715
4,620
24,641
Resources
Expended
(544,831)
(11,986)
(680)
(2,500)
(2,256)
(56,376)
(55,395)
(129,193)
(674,024)
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2024
8,074
312
20,615
29,001
2024
162,748.00
162,748.00
2024
11,875
5,036
4,896
5,700
27.507
At 31/03/2025
401,065
291,955
25,980
:
48,527
366,462
767,527

H.O.P.E. for Children and Their Families Limited
Notes to the Financial Statements
for the year ended 315 March 2025
Comparatives for Movement in funds
Comparatives for Movement in funds
Unrestricted Funds
General Funds
Restricted Funds
Grants for new building
Ground Source Heat Pump
CAFCASS Support Grant
National Lottery: Restoring Resilience Together
=
At 01/04/2023
428,440.00
315,927.00
27,340.00
2,500.00
21,299.00
367,066.00
795,506.00
Incoming
Resources
447,213.00
2,500.00
168,160.00
170,660.00
643,873.00
Resources
Expended
497,472.00
- 11,986.00
680.00
5,000.00
133,083.00
- 150,749.00
- 648,221.00
At 31/03/2024
404,181.00
303,941.00
26,660.00
56,376.00
386,977.00
791,158.00
=
17. Contingent Liabilities
The first building cost of £500,610 has been included in the accounts. This was funded by grants from SureStart and the European Union to the charitable company in partnership with
Hereford County Council. The grants were paid to Hereford County Council and there is an agreement with the Council that if the charity does not provide day care and family support
from the site for 50 years commencing April 2006, they will have to repay the grants. The amount repayable reduces proportionately over this 50-year period.
18.
Related Party Disclosures
£245 was received in April 2018 by Hope Enterprises Ltd, which amount is owed to the charity and remains outstanding at 31st March 2025(2024 £245). During the year HOPE for
Children and their Families Limited paid £34 of professional fees on behalf of Hope Enterprises Ltd (2024 - Enil).
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