Registered Company Number:
4346286
Re
ort of the Trustees and Dirertors
and Financial Statements for the
ear ended 31 March 2024
for
Ho
e Internatlonal Develo
ment
en

Ho
e International Develo
ment
Index to the Flnancial Statem
nt
rthe
ear ended 31 March 20
Company Information
Report of the Trustees and Dlrectors
Independent Examlnerfs Report
ststement of Financial Activities
Balance Sheet
Notes to the Financial Statsments
9-14

Ho
e Internatlonal Develo
ment
ent
Com
an
Informatlon
for the ear ended 31 March 2024
Dlrertors and Trustees:
R S Armstrong
C M Poulson
D M Newport
S L Paton
B K Te5iS5a
Secretary:
C M Pou150n
Registered Office:
125 West Hill Road
Wandsworth
London
SW18 5HN
Registered Company Number:
4346286
Registered Chèrity Number:
1094573
Bankers:
The Co-operative Bank
P.0. Box 250
Skelmersdale
WN8 6M
Independent Examiner.
J Howard FCA
Azet5 UK
2. Floor, Aegis House
45 King William Street
London
EC4R 9AN

e International Develo
ment A
ort of the Trustees
ar ended 31 Mar¢h 2024
en
for the
The trustees. who are also directors of the charity for the purpose5 of the Companies Art 2006, present their
report with the financial statements of the charity for the year ended 31 March 2024. The trustees have
adopted the provlsions of Accounting and Reportin8 by Charities: Statement of Recommended Prattice
applicable to charitles preparing their accounts in accordance with the Finanrial Reporting5tandard applicable
in the UK and Republic of Ireland IFRS 1021 (effective l January 2015).
OBJEcfivES AND AcfiviTIES FOR THE PUBLIC BENEFIT
Objertives and aims
The objective5 of the charty are as follows:
HOPE International Development Agency UK works wlth communities in extreme poverty to bring
comprehensive transformation. We provide access to clean water - an essential basic resource- equip and
empower men. women and children with traininE in sanitation and hygiene- and strengthen livelihoods
through women's 5elf-help groups, and environmental protection and food security measure5.
Significant Artlvltles 2023124
Thanks to our generous supporters and a variety of Trusts and Foundations. HOPE UK had another very successful
year. once again exceeding the previous year's fundraising incorne.
In total, in 2023124 HOPE UK r?ised £172.719 and was able to support two ftjrther water. sanitation, livelihood skills
and environmental protettion projetts in the Gofa Zone of the South Ethiopia Regional State (about 280 miles from
the capital Addi5 Ababal. HOPE UK granted £160,000 to HOPE Ethiopia, an increase of 18Y. from 2023. This covered
the final £50.000 of the budget for the Uba Dama project (the initial £84.000 wa5 transferred in March 2023). This
allowed the projett to commence as planned in July 2023. brin8ing clean water access. health education, livelihood
ski115 training and environment resilience building to 1.812 men. women and children. In addition. HOPE UK grarTrted
the first two instalments totaling £IIO,000 of the costs for the Tsito Tife project which started in mid-2024. This
project will incorporate the same five components, tfan5formin8 the future of 1.632 communtly members. This year
there were no additional grants towards HOPE work in Cambodia or Myanmar.
Financial Breakdown
In 2023124, HOPE UK5aw another inuea5e in income from 8rants, with 52% of Its income comingfrom eleven
dlfferent Trusts and Foundation5. Seven of these Trusts had supported our projects in the past and four were new
funders of HOPE'S work. Of the new funders. this was the first year we were awarded institutional fundin& which was
a grant of over £50,000 towards the Tsito Tife projett. This funding wa5 a significant boost to our income.
As in previou5 years, the Big Give Christmas Campaign and Global Giving's Giving Tuesday Campaign were helpful
avenues of financial support from donor5 in 2023, with donations totaling £38.671 from the two matched funding
campaigns, accounting for 22% of our annual income. HOPE also had a £12,000 donation In Februaryfrom a generous
HOPE 5UPPOrter.
HOPE had another monthly donor start giving thls year, increasing the number to 36 indlvlduals. providing regular
income stability, contributing to over £20,000 of our annual income {or 12%).
There were a few events that raised money for HOPE this year, including two Carol Singing evenings. Once again, Run
for H20 took place, this year involving four runners and St Bonaventure's Primary School in Bristol. The runners
attempted to run 110 mile$1178 km) throughout the month ofjune, 50metlmes runningwith others, but most often
alone. Thls distance was significant as It is the same distan￿ two famllie5 in the Uba Dama community covered to
Sour￿ water for their personal use during that same month. Pupils from St Bonaventure's Primary School collectlvely
ran the same distance acr05S their year group5. Wonderfully, the four runners and the puplls of St Bonaventure's
Primary 5th001 ratsed a total of £6,141 through the generosity of sponsors.
Other income was received from a UK-based church, a donation from Terracycle for recy¢ling plastic pen5 and Easy
Fundraising. We also had a donation from a recruitment company that gave a donation to HOPE as their nominated
charity which. together with two Small corporates, totaled £S.000.

Our costs Inon*rant expenditure) of £11,193 this year included fund5 to pay for our Fundraiser to travel to Ethiopia in
January to visit the HOPE Ethiopia staff and projert sites. Travelling with one HOPE UK supporter and timing the trip to
cross paths with HOPE Japan staff proved to be fruitful, especially as our Fundraiser had not vislted HOPE
implementation sites for nine year5. Still, admin cost expenditure was incredibly modest at just 6.4% of total
donations.
In summary, the generosity ofour supporters has allowed HOPE UK to continue to make significant development
investments in two rural Ethiopian communities through clean water access and its related benefit5. For this. we are
incredibly grateful to our supporter5.
FINANCIAL REVIEW
Reserves policy
The Trustees have reviewed the reserves of the charlty. The trustees, pollcy15 to maintain reserves at the
minimum level needed to meet known expenditure commitments in the next three months, in order to
maximise the grants made to HOPE overseas. The trustees consider that the current level of reserves in the
nrestritted and restrirted funds is adequate for this purpose.
All other funds raised by the organisation are transferred to HOPE partners overseas Iprinupally in Ethiopial,
as funds allow, usually twice a year but with additional ad hoc transfer5 a5 required.
Principal funding sources
The vast majority of funding during the period was donation5 from Indlviduals and organisations. A small
amount was received from the sale of decorations and gifts.
srRucfuRE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by itsgoverning document, a deed of trust. and constitutes a limited comp3ny. limited
by8uarantee, a5 defined bythe Companies Act 20Q6.
Recruitment and appointment of new trustees
BK T￿l55a was appointed on the 03/1112023 and CJ Haywood resigned on 18106/2024.

e Internatlonal Develo
ment A
Re
ort of the Tru
ees
for the
ear ended 31 March 2024
enc
Related partles
The objeclives of the charity are conslstent with those of its partner or8anisation, Hope International
Development Agency Icanadal, and there Is a considerable degree of interdependence between the two
¢haritie5. As the Head Office for Hope as a whDle. the Canada office is responsible for overslght and
governance of the Ethiopia portfolio which is wholly manaEed and run by Hope International Development
Agency Ethiopia. Hope International Development A8enLy Ethiopia is re8iStered with the Ethiopian
government as an official non-government organisation.
Rlsk management
The trustees have a duty to Identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.

Ho
e International Develo
ment
ort of the Trustees
ear ended 31 March 2024
en
for the
REFERENCE AND ADMINisfRATIVE DEfAILS
Registered Company number
4346286 IEnEland and Wales)
Registered Charity number
1094573
Registered office
125 West Hill Road
Wandsworth
London
5W18 5HN
Trustees
R 5 Armstrong
C M Poulson
D M Newport
S L Paton
B K Tesissa
Company Seiretary
Mr5 C M Poulson
Statement of trusteeg responsibilities
The trustees (who are also director5 of the charitable company for the purposes of company lawl are
responsible for preparing theTrustees' Report and the financial statements in accordance with applicable law
and United Kingdom Accountlng Standards Iunited 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 charitsble company for the year. IR preparing
these financial statements. the trustees are required to:
selett suitable accounting policies and then apply them con515tentty,'
ob5etve the methods and principles in the Charities SORP 2015 IFRS 102),.
make judgements and estimate5 that are reasonable and prudent-
stste whether applicable UK Accounting Standards have been followed. subject to any material
departures disc105ed and explained in the financial statements.
prepare the accounts on the going COn￿r￿ ba515 unless it is inappropriate to presume that the charitable
company will continue in operation.
The trustees are responsible for keeping adequate accounting record5 that dSsclose wlth reasonable accuracy
at any time the finallcial posltion of the charitable company and enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the a55ets of
the charitable company and hence for taking reasonable step5 for the prevention and detection of fraud and
other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice= 'A¢counting and
Reporting by Charities, and in accordance with the speclal provisions of Part 15 of the Ccmpanies Act 2006
relating to smaller entities.
Approved by the Board and signed on Its behalf.
ON BEHALF OF THE BOARD:
R S Armstrong - Trustee and Chair
Date-
111121 ioZLtr

Inde
endent Ex
mlnerfs Re ort to the Trustees of
Ho
e International D
efit
en
I report to the charity trustees on my examinètlon of the account5 of the charitable company for the year
ended 31 March 2024.
Responsibilities and basis of report
As the charity trustees of the company land abo its directors for the purpose5 of company lawl you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act
20061'the 2006 ACVI.
Having satisfied myself that the accounts of the charitable company are not required to be audited under
Part 16 of the 2006 Att and are eligsble for independent examination. I report in respect of my examination
of your companvs accounts as carried out under section 145 of the Charities Att 2011 {'the 2011 Act'l- In
carrying out rny examination I have followed the Dirertions given by the Charity Commission under Section
1451511bl of the 2011 Act.
Independent examiner's Statement
I have completed my examination. I confirm that no matter5 have come to my attention in connection with
the examination giving me cause to believe that in any materlal respect:
accounting records were not kept in respect of the company as required by section 386 of the 2006
Act: or
the accounts do not accord with those records- or
the accounts do not comply with the accounting requirements of sedion 396 of the 2006 Aci other
than any requirement that the accounts Bive a 'true and fair view which is not a matter considered
as part of an independent examination,. or
the account5 have not been prepared in accordance with the methods and principles of the
Statement of Recommended practi￿ for accountin8 and reporting by charltles applicable to
charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in
the UK and Republic of Ireland {FRS 1021.
I have no concern5 and have come across no other matters in connection with the examination to which
attention should be drawn in thi5 report in order to enable a proper understanding of the accounts to be
reathed.
John HoTward FCA
Chartered Accountant
Azets UK
2. Floor, Regis House
45 King William Street
London
EC4R 9AN
Date: l& Iy-

Ho
e Intern
lo al Develo
ent of Flnancial Activities
Indudln
Income and Ex
forthe ear ended 31 March 2024
ment A
State
endlture A
¢ount
Note
Unrestrirted
Funds
Restricted
Funds
Total
2024
Total
2023
Incomln8 Resour¢e5
Voluntary income:
Donations, grants and legacies
Events and initiatives
Gift ald
34.050
123.758
5.513
2,944
157,808
5.522
9,389
122.250
19,890
7.612
6,445
Total Incoming resour￿$
40,504
132.215
171719
149,752
Resources Expended
Raislng Funds
9.898
1,295
11,193
10,814
Charitable artlvlties:
Grants to HOPE projects
Governance costs
160.200
160,200
136,044
163
13
Total resources expended
9.911
161.495
171,406
147,011
Net loutgolng}Ilncomlng
resour￿ before transfer5
30,593
129,2801
1.313
2.741
Transfers
{30,3551
30,355
Net {outgoingl/incomin8
resources after transfers
L313
2,741
Total funds brought fonvard
5,688
50
5,738
2,997
Total fund5 carried forward
5.926
1,125
7,051
5.738
The note5 form part of these financial ststements

Ho
eln
rnatlonal Develo
Balance Sheet as at 31 March 20
Com
an
number- 4346286
en
At 31 March At 31 March
2024
2023
ote5
Current assets
Stock
Debtors
Cash at bank
43
2.389
4.005
6,427
1,309
7,736
6,437
Current liabiltties
Other creditors
685
699
Net Current assets and Net assets
7,051
5,738
Income Funds
Restricted fijnds
Unrestricted fLÉnds
1,125
5.926
50
5,688
12
7,051
5,738
The company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year
ended 31 March 2024.
The members have not required the company to obtain an audit of its financi21 statement5 for the year ended
31 March 2024 in accordance with section 476 of the Companies Att 2006.
The director5 0cknowledEe their responslbilities for..
al Ensuring that the company keeps accounting records which comply with section 386 and 387 of the
companies Act 2006 and
bl Preparing financial statements whith give a true and fair view of the statement of affairs of the
company as at the end of each financial year and of its surplus ur deficit for each financial year in
accordance with the requirements of settions 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 flnanci31 statements have been prepared in accordance with the speclal provisions of Part 15 of
Cornpanies Att 2006 relating to Small companies.
The financial statements were approved by the Boards of Trustees on 22 November 2024 and were signed
on its behalf by:
R S Armstron8- Chalr and Trustee
The notes form part of these f]nandal statements

Ho
e International Develo
ment
en
Notes to the Flnancial Statements
for the
ear ended 31 March 2024
Accounting Policies
(a) General Information and basis of preparation
Hope International Development Agency is a company limited by guarantee in the United Kingdom.
The addres5 of the registered office is given in the charity information on page l of these financial
Statements. The nature of the charity's operations and principal activities are set out on page 2.
The charitable company constitutes a public benefit entity as defined by FRS 102. The financial
statements have been 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 IFRS 1021 Issued on 16 July
2014, the Financi21 Reporting Standard applicable in the United Kingdom and RepLtblic of Ireland IFRS
1021. The Charities Art 2011, the Companies Act 2016 and UK Generally Accepted Prattice as it applie5
from l January 2015.
The financial statements are prepared on a going concern basis under the historical cost convention,
modified to include certain items at fair value. The financial statements are prepared in sterling which
15 the functional currency of the charity.
The slgnificant accounting policies applied in the preparation to these flnancial statements are set out
below. These policies have been consistently applied to all years presented unle55 Otherwise stated.
There has been no change to the a¢¢ounting policies (valuation rules and methods of accounting) since
last year.
(b) Fund accounting
General funds are unrestritted funds which are available for use at the discretion of the trustees in
furtherance of the general objectives of the charity and which have not been designated for other
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 foi particular purposes. The cost of raising and
admirki5tering such funds are charged agalnst the specific fvnd. The aim and use of each restrirted
fund is set out in the notes to the financial statements.
(r) Incoming resource5
All incoming resources are included in the Statement of Financial Activities ISOFAI when the charity is
legally entitled to the income after any performance conditions have been meL the amount can be
measured reliably and it is probable that the income will be received.
Donations and legacies are recognised in the financial statements when the charity is convinced that
there is entitlement to the income. there is certainty of receipt and the amount In question is
measurable.
Donated facilities are Included at the value to the charity where this can be quantified and a third
party is bearing the cost. No amounts are included in the financial statements for services donated by
volunteers.

Ho e Internatlonal Develo
ment
Notes to the Financial Statements
forthe
earended 31 March 2024
en
Ac¢Duntin8 Pollcles- contlnued
Id) Resour¢es expended
Expenditure is recognised when a liabilty is incurred. Grant payments are recognised when a
constructive obligation arises that result in the payment being unavoidable.
Costs of generating funds are those costs incurred in attratting voluntary income.
Charitsble activities include expenditure assodated with the projects 5UPPQrted by the
charity and Indude both the direct C05t5 and support costs relating to these activities.
Governance costs include those incurred in the governance of the charity and its a55ets and
are primarily associated with constitutional and statutory requirements.
(e) Stock
Stocks are stated at the lower of c05t and net realisable value.
(fj Debtors
Other debtor5 are recogni5ed at the settlement amount due.
(g) Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term hlghly liquid investments with a short
maturity of three months or less from the date of acquisition or openin8 of the deposit or slmilaT
account.
(h} Credltors
Creditor5 are recognised when thefe is a present oblt8ation resulting from a past event that will
probably result in the transfer of funds to a third party and the amount due to settle the obligation
con be measured or estimated reliabfy.
Other creditors and accruals are recognised at their settlement amount
(i) Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are instially recognised at transaction value and subsequently
measured at their settlement value.
ti) Foreign currencies
Transartion5 in foreign CL¥rrencies are recorded at the rate ruling at the date of the transaction.
U) Judgements and key sour￿5 of estimatlon uncertainty
In the application of the chariws accounting policie5, the trustees aye required to make judgements,
estimates and assumptions about the carrying amoLSnt of assets and liabilities that are not readily
apparent from other sources. The estimates and a550ciated assLtmptions are b35ed on historical
experience and other fattors that are considered to be relevant. Artual results may differ from these
estimates.
The estimates and undeTlyin8 assumptions are reviewed on an ongoing basis. Revisions to accountlng
estirnated 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 perlods where the revision affects both current
and future periods.
io

Ho
e International Develo
men
en
Notes to the Financial Statements
for the
r ended 31 M r h 2024
Voluntary income
Unrestrkted
Funds
Restrlcted
Funds
2024
Total
2023
Total
Committed {regularl giving
Donations, grants & legacie5
19,445
14,605
L089
122,669
20.534
137.274
20,310
101.940
Events and initiatives..
Christmas Carols
Christmas Decorations
Run for H20
Pen Recycling
Gift Card5
Walk on Water
167
167
27
13.975
5,150
96
loo
5,150
96
i(
715
3,337
1,836
th
20 Anniversary Events
Gift aid
6,445
2,944
9.389
7.612
40.504
131215
172.719
149.752
Ratsing Funds
2024
2023
Fundraising costs
Administration
Postin& printing and reproduction
Travel and subsistence costs
Trainlng
1,398
8.123
90
1551
2,450
8.104
135
90
35
11,193
10,814
Restricted costs included in the above re travel to Ethiopia
1,295
647

Ho
e Internatlonal Develo
ment A
Notes to the Financial Statemen
for the
r ended 31 Mar¢h 2024
ene
Detsils of Charitable Adivitles
2024
2023
Grant fundlng
HOPE Ethiopia
HOPE Cambodia
Bank tharges
160,000
136.000
200
24
160.200
136,034
Restricted Unrestrlcted
Total
HOPE Ethiopia
HOPE Myanmar
122,683
37,317
160,1)JO
122.683
37317
160.000
Grant Funding 2022/23
Re5trlrte(l Unrestricted
Total
HOPE Ethiopia
HOPE Myanmar
119,127
16.873
136,OCKI
119.127
16.873
136,000
Grant payable
The charitable activities are undertaker¢ on behalf of the charity by partner organisations. The grants
sent to Hope Ethiopia were used to fund clean water supplies and their management. promotion of safe
sanitation and hygiene prattice, establishment and support to women's self-help groups, as well as
environmental protection and food Security activities amongst communities in Southern Ethiopia. All
Hope's activities in Ethiopia are done in full consultation and partnership with the district authorities on
the basis of a signed Memorandum of Understsnding.
Governano Costs
2024
2023
Companies House fees
Companies House filing penalty
13
13
150
13
163
Azets UK very kindly provide their servites without charge.
In 2023/24 and 2022123, all of the governance costs related to unrestritted expenditure.
12

Ho
e International Develo
ment A
Notes to the Financial Statements
for the ear ended 31 March 2024
en
stock
2023
Goods for resale
43
Debtors
2024
2023
Other debtors
6.427
2,389
6,427
2,389
Creditors due within one year
2024
2023
Other creditors
685
699
699
io.
Trustees. remuneration and expenses
No Trustees received nor waived any remuneration during the year12023124.' £nill. They are entitled to
claim expenses for attending meetings and duties directly related to their duties as trustee.
In 2023123 £nil {2022123 £nill was claimed by trustees in relation to travel expenses.
ii.
Related Party
There are no related party transactions during the period12022123: £nill
13

Ho
e Interna
ional Develo
ment
en
Notes to the Financlal Statements
for the
ear ended 31 March 2024
12.
Movement In fund5 for the year
Opening
Balance
Incomlng
Resources
Rewurces
Ex
ended
C105in8
Balance
Transfer
Hope InVI- Myanmar
Hope InVI- Ethiopla
50
1,075
131,140
(161,4951
30,355
Total Restricted Funds
50
132,215
(161.495)
30,355
L125
Unrestricted funds
5,688
40,504
(9.9111
130.3551
5.926
Total Funds
5.738
172.719
(171,406)
7.051
12a.
Movement in funds for the prior year
Opening
Balance
Incomlng
Resour￿$
Resources
Ex
ended
Closing
Balance
Transfer
Hope InYI- Myanmar
Hope Inyl - Ethiopia
50
119,128
50
(136,6811
17,553
Total Restricted Funds
119,178
{136.6811
17.553
Unrestricted funds
2,997
30.574
110,330)
117.5531
5,688
Total Funds
149,752
(174.011)
5,738
14