4346286 theTntses and TeL •rended 31 Marth A8UZ3BKG' 1110112023 COMPMIES IICXJSE A07 35
Cemp•nv Report of Trustees and irecIt¢S Independ EJ•miii¢ls Repo f Financial Balance S" F4nan(tal Sthtements 8-12
Inlorn4tion arended 31 M¥L 2022 Lltrtttors d Trust. Mrs R SAMtrOng CHCick C"J Hayivood Mrs C M Pouis DMNew SLPat .Mrs CM Poulson ReBist• 125 West HSJI Road Wandsworth SW18 5HN 4346286 .1094573 14atWe 225 High Street Lincoln iN2 IAZ J Howard FCA Azets UK 2- FlfX. Resis House 45 Kin8 William Street Londfffi EC4R 9AN
e Intsmati nal De¥elo Re rt vf the TnJ5tees lorthe r ended 31 Marth 2022 The trnsiÈe5 o are also iepryt wlth the financial dopted the p sions applicableiot rittespfe In the UK and Republic of I re(wrs of the tharity for the purposes of the fynpanies Act 21J)6. present their tements of the charity for the year ended 31 frllarth 2022. The trusiees have Counti and RepMin8 by tharities." Staiement of Aecommended Ptacti ngtheifatcountsln accordano withthe nanCIal RepIng514ndard3pP7l¢abIè and IFRS 1021 leffkn've l January 20151. OBJECFIVE5AN FOR TIIE MIBIIC BENEFTr ObJtttlv•s and The oblertjves of the tha HOPE Intematilnal Devel comprehensive Tansforma empower men, men an throueh women's seW-help re as follows.. Agency UK works with commUrtieS in exireme poverty to bring to dtan waier - an essentlal basic resource: equlp and thildren. with training in sanr(a1ic and hwene.. and strengthen INtlihoods ps. and environmentsl yotedion food security measwes. &8nifKant Adl tles 20211 Thank5 to our ge was a fittinB Way sanltstlon, Il¥elih Ethlopia wa5 ab continued In the levels of inllation months to Marth erou5 SUP omarkm J skblls a to contin orthand ers, HOPE UK raised the m05t Ivs vr fah5ed in a 5irETe yeèrtotallinB £142.130. which UK'S 20th anniveysary! Wlth these funds we were ab to SUPFX)rt twofurther water. environmental PTQtettion projects in the Owda region of Ethiopia. Thankfully HOPE o seNethese communitie5 in the south ofthe country even whlle the civil war sadly 'd-19 disruptM)ns pers15ted. HOPE Ethiopia has however been impacted by very hl8h ortasesi In part because of a 5iEnrfKantdepreciation in the Ethiopian Birr over the 12 nd rnateri 022. ID total. HOPE UK ranted £1 bfinEillg deart Wl¢r access and children. In addition. HO Harbir project1£59.IWI wh- £6.OC(I dorlation towafd5 HO actrce. ¢)JO to HOPE Ethiopta to co¥er the fvll c05tsfor the Maikala proiert1É71.LWI. li¥¢lihood skllls tralnin8and environment iesilience building to 5.33S men. women UK grartied the fifst Inxalmentof approximately 50% ofthe costsforthe ill start in the nextfinanoal year. Similarto previous years. HOPE UK received work in Carnbodia., The remaini £2.093 rètained in reserve 35 financial best An•bKlal break More grants we warded t of Trusts and Foun tlons. W yar+ts from three new Found Ethiopia-based and'sotfansf Iolals. PE UK than ever before. coyerinA 27% of our iil¢Orn. and from the 8reatÈ5t number ere very pleased to receivethe c¢)niinued support of Trusts. as wem as recer¥e s. Anoiher grantakIn8 oanIsation that HOPE UK 5uccessfv1ty applied to 15 d their funds dbr to HOPE Éthiopia and Trs therthe nrt accounted for in our P¢rhap5 even rn SiEnifican period.. HOPE rece ed three d growlng numberof OPE wpp , HOPE UK receivedthe largest number ofmalor donations over £l.IXKS In a 12-month ations of£lO.iKK) or mwe. and seven donation5 of £i.ord.0. Thts reflects the ers who have kindly made large donatKJns. the sener05ity In fesponse ur r4r8 of raising £40.(th duri the BGIVe Chrtstmas Cam1&n. In the end. not ceeded it byalso pathcipatin8 in the Global Giwn8 matched campaign on over É12.¢XQ. le(tivety. thesè one00ntionS contributed to 52% of our to Our reqyests ro Ip us rea only did we meet t Is goal. but Glving Tuesday, add'tionally rai annual Income. After another year restrirte supp¢)rters started gtving to HO aPPToxSmately 14% of HOPE UK vally $upport HOP nt-based fvndrai5in8 due to Covid-19. we were also pleased that two new on a monthly bags. We now have 32 re8uEar donors who were fe5ponsible for ncome. while 8% came fr¢)m thp three torpw*edonry5 that ha¥econtinued to Ourcosis Inonfrant rtotsl expenditur expendrtu duetoo at £io.109 were tothe pre¥iou5year. but rtfietted a lower percentsge of creased ioM@ liust 6.9%).
The geneTO of ovrsv thè addtttonal finanoal do for many ars due t more remote Pfk)iett I SUPPOrtets. n has amo IIOPE UKiofthfund an •#ire PToiecl-thè Mwkala prOJett-crt triixrtions of other HOPE country organi5ations, which we have nor been in the position to e signfficant inuease in therost olproiecrs in Ethiowa (due tog¥ter projÈct corryjlexity. and risin8 cost of mateffals a5 riotedeaflierl. For thi5. we are incredlbfy8ratefultg our nil thrilled ro havl alr•ady been alrfe to raise a IesUM iowards our ne¥t projeLt as ImpartQse WT Amirat 15 13 ars old an supply so the nly optlon foot. It was travs res trip four times L d•yp leavi her education. i>wthar atcets ample fresh waier leavin8 time f herto att s in Martala. 8efore frK)PÉ4ryi¥ed iii (he we. there wa5 no loral a¢cess to a water 5 to colleffl a hiBhty Eontsminated ri¥Er source, a one hour return tiip awayon sibilityto collect waterfor her wholefarniSy which meant she had to make the houT4on£ no time to80 to wool. Desplie¢raduaR ir¢wn S yade she wasn'¢ able to continue hos built a Waters in Marala attd clean water Iwlty a¥aiSable. Arnirat can the whDlefamtly for drinkrftL ¢wkrn& washin8 irknj fortheir tstde within 30 minutes. JKd. Ths has made a liltrchawngdifferentO Amirètl APIANCLIL R1$ poll(y The Tru5tee5 h e re¥tew mtnimum levÈl eded to maximise ihe gAnts made unrestrytted èn .restrtrted he reserves OF ihe charity. The trustee< lty ts to rnailitsin re5¢rve5 at the eet known e¥penbiture c4Nnmitments in the next thQ month& ITh ordw to HOPE orseas. The trstee5 consfjder that the turrent level of resee5 in the s Is adequate f this pwpw. All otherfunds r Ised byi a5funds allow, u5yalJy r8an15ation are tran5fetred to HOPE partners rseaS (prinurIY in Ethiopial. yearbut with additional ad hot tyansfers as required. The vast majority of fundi amount w4as reteNed frpm thE period was datIonS individus aTrJ organls•tlons. A 5mari sale of decor and8ift5. srRucfvHf, G Dfa4NAGEMÉNT Go¥min¢ Thecharityis ¢on¢rolJed by. byBuaran*e, as defined by rningdocumen a deeddtrusièndfcrfitute5 allmited¢ompany. limited ComDanie5 Act 2&. No new trustee5 appoi in 202V22.
forthe arended JI Marth 1011 Reled The obj'ettfve Development charities. A5 t governancè of ncy Ethi government as are t$1$ with those of parti ovBantsaion. Hope InternarJonal dal. and there is a coMderatye degree of interdependence between the two e for Hope as 4 ¥he. the Canada office rs reSpObIe fc overslght and ol) which is OllY managed and ruft Hope Internètionèl Dt10PMent ernational Oe#d ment EthKyia 15 re8tered with the EthiDpian *(NeTnmentwgani5ation. ency IC e Head he Eihit a. Hope Rlsk man nt The trustee5 have a dvty appropfiate identify and the risks to which the charity Is exposed and to ensure arE lo wovidp rea50naNe assurarKe againstfraudand error.
e Intematiffio11kn1 of the Tfustees earended 31 MaKh 2022 REFERENCE A DADMIN Re8lstered C>fflpany num 4346286 IErEdnd and Wa ' R•"elst¢rd Charlty nu 1094573 Reer4d 125 West Hill R Wand5WOrth london SWI8 SHN Mrs R S Amistr CHOick C J Haywood Mrs C M Poulso D M Newport S L Paton Mrs C M p45n Statemenl of tru The tru5tee5 Iwh are al responsible for pr pailr th and United Kingdom Accoun ' ilItIeS rectors of the tharitai4e c¢)mpany for the purposes of wry>any lawl are U5tees' ReFon and the financial ststements in accor¢lancewiih applicable law soandards {Unitld Kingdom Gener311y Accepted AtcLwnting Prarticel. . Ccmpany law requiresthe t nd falrvlew of t State of of resources. Intl ingthei thesefinanoal s ements. t ees to preparE financial statements for each financiol ye•r. whlch give a true ir5 of'the chèritsble company and tsfthe rn¢omin8 resources and applitatttin me and expendr(ure. of the charitable company for the year. In preparing rustees ao required to.. selta suitable xcounting observe the methods and makejudgements and esti • stste whether applicable departures disc osed and prepare the a untsont company contlnue in o licies and then appty them consistentty: ncrples in the Charities SORP 2015 IFRS 1021- tes th are reasonable and PTudent,' Accouhtine Standards have been followed. subject to aAy mater&il lèined iftthe finanaal statements.. oing £(eM basrs unless it is inapprowiate to presume that the charitsble ratlon. The trustees are res sible f at any time the financlal statements comply with the C the charitsble company and other irregulaiities. eepingadeql4teaccot•n8 records thatdisdose with reasonable acruTacy of the charitalAe company and enable them to ensure that the financial panies Act 2(Q6. lThey are also respOn%e for safeguarding the assets of e for takin8 reasonable rteps forthe preventlon and detection of fraud and This report has been prepared I RepotrYn8 by Cha¥itfes' and In relating to smallere titles. cordano the Statementof Re¢ornmended Prartice'.'AccountI and . tyd•r*e vAth the special pr(p1$ of Part 15 of the Companles Act 21])6 Approved by the Board and si QN BEIIALFOFTHE Mr5 fl 5Annstrong - Truttee and Chair Date..
dent E4mlnrfs Re Intematlonal De1 to tht Tnmtees of I report to i ended 31 Marc harityt 2022. my examin tion of the accounts of the drItal Company for the year Responslbilitl basis report As the charity rustees responsible for the prepa 2C (the 2CO6 Arfl. con4yany land also its (firect for the purposes of company lawl you are on of the accounts in xcwdarKe with the reguirements of the Companles Aci Havin6 satisthel myself th Part 16 ofthe Art of your compan(5 accoun carrybng out examinat. 14515llbl )f th 2011 Ac¢ he attounts of th'e (haritable company are not requlred to be audited under re elyible for independent examinati¢. I reptyt in re5pert of my exèminati as carried out uniier seclion 145 of the Charities Att 20111.the 2011 Acfl. In I have followed tAÈ [ArÈctS Éwen thÈ Charity Commission under section IndepeIen1 ex minerfs st ment I have compltt drnyexa the examinHiion 8i¥ing me . I confirm no matters have come to my attention in connection with useto belie¥e that in any matsrial respert: accountb record Act., or theac unts do the acc untsdon thana y re4wre as part of an inde thea ounts hav .Statem t of Re charities preparin theUK nd Republ re rnt kept in respect of theccrfnpany as requlred sertion 386 of the 2(K16 ord wilh those records: ar ompty wbth the acc[ntIrE fequlrements of sealon 396 of the 20C Act other tthat the accounts gi¥e a'tn and fair vievK wthith ts not 3 matter consideod dent examinatim- or oi been wepared in accordano with the methods and princtples of the mended Practice fty accounts.ng and feportlng by charlties applicable to Ir accounts in accordarKe wilh the Flnancial Reportin8 Standard applicablE in Ireland IFRS 1021. I have no corKerrfj and ha attentitjn shou be drawn reached. corr* acros5 no other matters in connethon with the examinatlon to which this repwt in order to enable a proper understandin8 of the accounts io be John Howard FCA Chartered A(CnIant Azets UK Noor. Regls trPiise 45 King Wiliam Street. London EC4R 9AN Date: Ib
Internathinal D1
t of fiffala1 Arti¥ttOes
Indu
tem*tlonal l>e¥e ment Balance Shett as at 31 March 2021 Com number- 4346286 At 31 Mar¢h At 31 Marth 2022 2021 Cwrent assrfs St¢xk 1.595 1.740 S.936 Cash at bank 3.742 7.730 Current liaknlit. Other credrtors 745 639 Netcurrent a 1997 7,091 Income Funds Resiricted fund Unrestricted funds 12 12 1997 7.091 1997 7.091 The company Is ntltled to ended 31 marc 2022. mmion from audlt under seciion 477 of the CompanTres Act 2( forthe year The membersh 31 March 2022 i e not req accordan the cornpanytoobtain anawlit of its finanoèl statementstrthe yearended with seaion 476 of the Crynies Act 2(1%. The direclors ac owled6¢ al Er6urin that Ihe c compa iesAa2 bl Preparin8 fvnantial compa a5 at the cetht nrs of th ir re5p(wibih've5 pany keeps accouniiryE records cornply wlth sertion 386 and 387 ofthe atemtt¥ts whith Èlve • In and faK View of the Statent of affalrs of the d ol each finandal year and of its surplus or defiat lor each financial year In requirements of secbons 394 and 395 arrfl whlch otherwise comply with the ompanres Att 2(M%fdatin8 tofinancial ststements, 50 fara5 applicable to the require compa The financial statements Companies Act 2W6 relati been prepared in accwdance with the specsal prowsions of Part 15 of small companies The finanoal 51a en its behalf bv.. approved by the eoards of Trn5tees on 11 Nthfember 2022 and were siened Mrs RS Arm51ronK- Chalr Tru5tet The notes fom5 part of ihesefinantial statements
Notes to the FiTrah¢Fal Ststements for iii¢ arend JI Marth 2012 Ac<ourfw Pofi . {al Genernl In Hope Internation The aldress of t stst nts. The tion and ba4$ of preraOn Devekjpment Agency is a comparry liinited by guarantee in the UniLed Kingdom. registered Offi bs eiven in the charity Ihlorrnation on pagè i of these financlal uie of the tharir<s4jperatiS afKI prinopal artivitiesare set out on page 2. The aritable state ents have ofAe LMende Financial Fleporti 2014, the Financi 1021. he Charitie from January 2 pany ¢tituteS 'a public benefit entlty as definetl by FRS 102. The financ n prepared in accordancewith Accountingand Reportin8 by Charities.. Statement rartice applicoblv to chorities preparf their acc¢xJnts in accordance with the Standard applicable in the UK and Republic ol Irtland IFRS 1021 issued on 16 July eportin8 Standard appliCae in the United Kin8dom and Republicof Irèland IFRS 2011. thecompanies Act 2016and uxGeneraltyOpted Practiceas it applies The ffinancial stat [Tlfied to inclu s the fun(tional c nts ¥e tyepared on a goire cOnM ba515 uNlerthe hlsttral cost con¥ention. rtain items atfairvalue. The financial staternentsa prepared in sterling which ency ofthechanty. The Significant a elow. These poli nting poEioes applied in the prepa1ali tothese financial statements are Set out s have been consistently applied to all years presented unless otherwise Stated. There asbeen n last year. ange totheactountinqpolt(ieslvaluation wles and method5 of accountinglsince {bl Fund accountl General funds ar furthe nceofth nrestricttd fvnd5 ¥knich are availablefor use at the disCretm of the trustees in neral objectives of the charity and whith hove not been designaied for other Restri donor admtni fund is ed fund5 or which tering SUC et oiil In t funds whith are to be used in aCcordae with specific restrictions imposed bv ve been raised by the thar5ry for particular purpose5. ThE cost of raisine and unds are chèr8ed against thè specific fund. The aim and use of each restricted notes to thefinaricial ststements. All incominE re50 legally ntitled to mea5U relrèbly are induded in the Soatement of FinarKial Acb¥ftse$1SoFAI when the charity is Fncome after any perfornwnce tonditions have been met, the amount cèn be it 15 probable thatthe inc(Kne wrl be received. oallonS and I there d entii es are recognised jn the finanoal statements whtm the tharty Is convinced that to the income. theTr is ortainty of receipt and the amount in question 15 measu Don3t facilities party is bearin8th volunteers. indudtd at the value to the charity where this can be quantified and a third 05L No amwrtts are included in the financial statements for SeThi$ donated bv
International Oewel
ent
Notes trthe Hnartoal Ststtments
l•ythe
r ended 31 Marth 2022
Expenditure is
con5tLdive obli
Costs of
Charitab
charity
Governa
are pri
nised when a liability is incurred. Grant payments are recognised when a
icffi 3rises that resuh in the payment being unavoidable.
rating funds are those r05ts incurred in attracting ¥duntary itKome.
artivits indth4e
expenditure aSslated with the projects 5UPPOrted by the
include both the dirett costs and 5uppon costs relatin8 to these actNlties.
costs include thi?se incurred in the governan ol the charity and its assets and
ty assooated wth c(mstltsl and statutory requlrements.
It)S
Stocks
are stated
the lower of cost and rt re&isable value.
IfjDe
Other
ors
ebtors ar
o¢ni5ed at the settlement arnot .
at bank
in hand
sh in hand indudes cash and short term highly liouid investment5 wff
International De%*1 Notes to the Financial Stzteinents for dit ar ended 31 Marth 2 Vli 2022 Ti>ial 2021 Tot¥1 Committed Iregul DDnatiL ns, 8rants 16.784 7.852 L089 109.146 17A73 1ffi.998 14.969 55.026 le8acies Events nd Iniiiat. Chris a5 Car< Chrisknas Deco Ethiopian Cooki Chris as Grfts Ethiopian Quiz Sam Run5 fw H S7 57 620 205 1,310 "Glft a J.957 4.676 2A78 115.537 142.130 75,058 Aatsln Funds 2022 2021 Fvndiaising costs I Admini tration Post1 printing Travel andsubsisi Traifti uding Global charges) 4(Kl 8.232 8.349 146 32 31 teprodurtion e costs 18361 10,167 7.868 Réstricted costs I ed In the above ' 76
Intrmarfonal De%*1 Notes to the nanCIal Statemeftts f•r the ear efided 31 Marth 2022 Oe¢all 22 2021 Gmt HOPE thiopia HOPE Pmbodia Bank arges 130.000 66,1(M) s,1 4.450 189 136J>44 70,739 Total HOP HO Ethiopia caMbcl 75.749 5.950 54.251 130,OCM) 5.950 81M9 $4.251 135.9x1 In 202 22 all of grant fvndingexpenthture related to restricted expenditure. Grdnt rhec sent t sanita enr0 Hope. theb prol aritsble a Hope Ethi ion and h mentsl p activities i isof asi8 In Krawa rties are undertakén on behalf of the charity by partner organi5att0ft5. The grants a were used tofund dean water supplies and thw"r mana8emen( promotion of safe ne practice. establishfflent and support to women's selfthelp 8rwps. a5 well as ion and fwd security activitie5 arnOng communitie5 In Southern Eihlopla. All thlopia are done in fvll conSuation and partnetship with the district authoritles on MeThhJrandurn of understding. The 8rant sent to Hope Cambodia was for water g Pan(w, fwhICh the swn had been speafiolly donated by a sln8le donor. an¢eCas 20 2021 Comp nies 13 Azets K very kin prowde thr5er¥•ce5With0Yt(hèr¥e. In 202 22aN12 121, au of thegoerna costs fekted to Illfestricied expeThJrtu. 1021 2021 for resalè 12
Intematfonal Develo ment en Notes to the Flnantial Ststements lorth'e ar ended 31 Marth 20ZI 2021 Other ebtors 15 1.740 595 .1,740 Crtdit rs dut 2021 Other redito 745 639 745 639 lon and expenses NoTru ¢laim e tees iete pense5 fo nor waNed awy rernuneration durin8 the year12020121: £nill. They are eNitle(J to eThdi meetyryAnd dubes dlrectty rekted to their dutrs a5 trurtee. In 2021 22. £nil I 0121 £nill wasdaimed by trytee$ in relation to travel expertses. ii. Rel•ted Party There are no relat party trènsartign5"durin8 the period12020121.. £nill Mo¥ement in the ¥e• Op¥,n 0051n8 Balance Hope Hope I l-camb l- Ethiop {6,1))01 1130,1151 109,537 20.578 Total Re5tritted 115,537 1136,1151 20.578 Unrestncied fwd 7.li91 26,593 110.1091 120.5781 2.997 Total Fund5 7Ji91 142.130 1146.2241 1997 13
Inlernatk+nal Develo Notes to thè Financlal Statèrnents fortlie ar erKled 31 Marth 202 Mo ent In lu IDrthè prloryeari Opetilng Balan¢e C105in8 Re*Dur¢e5 fl-camb ri- Elhiop 4,5Q) 39.888 14,4731 166.3421 127) 26.112 Hope I 342 Tolal trtcted F 44318 .26W5 unrest "cted fun 10.311 30.670 17X)SI 126.0851 7.091 Tot F nds 10,653. 7S,058 174620) 7,091