Registered Company Number:
4346286
Re
ort of the Trustees and Dlrectors
and Financial Statements for the
ar ended 31 Marth 2025
Ho
e Intemational Develo
ment
en

Ho
e International Develo
ment
en
Index to the Financial Statements
for the
ear ended 31 March 2025
Pa
Company Information
Report of the Trustees and Directors
Independent Examinerfs Report
Statement of Financial Actiwties
Balance Sheet
Notes to the Financial Statements
8-12

e Intemational Develo
ment
en
Com
Information
for the
ear ended 31 March 2025
an
Directors and Trustees:
R S Amistrong
C M Poulson
D M Newport
S L Paton
B K Tesissa
Secretary:
C M Poulson
Registered Office".
125 West Hill Road
Wandsworth
London
SW18 5HN
Registered Company Number.
4346286
Registered Charity Number:
1094573
Bankers:
The Co-operative Bank
P.0. Box 250
Skelmersdale
WN86wr
Independent Examiner:
J Howard FCA
Azets UK
2 Floor. Regis House
45 King William Street
London
EC4R 9AN

Ho
Internatlonal Develo
ment
Re
ort of the Trustees
for the
ar ended 31 March 2025
en
The trustees who are also directors of the chartty for the purposes of the Companies Act 2006. present their
report with the financial statements of the charity for the year ended 31 March 2025. The trustees have
adopted the provisions of 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 l January 2015).
OBJEcfivES AND AcnvmES FOR THE PUBUC BENEFrr
Objectives and aims
The objettives of the charity are as follows=
HOPE International Development Agency UK works with 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 training in sanitation and hygiene; and strengthen livelihoods
through women's self-help groups, and environmental protection and food security measures.
Significant Artivlties 2024125
This has been another successftjl year of fundraisin& thanks to the commitment of our dedicated supporters
and the generosity of numerous Trusts and Foundations. Once again. our income has exceeded that of
previous years. for which we are immensely grateful. In addition. a favourable exchange rate has meant that
funds raised in the UK have gone further, enabling greater impact on the ground.
Although inflation continues to present challenges for our colleagues in Ethiopia. their careful planning and
resource management have allowed HOPE UK to fund more projects than in previous years. This is of great
significan￿, reftecting our growing impatt as we work with an increasing number of communities in remote
areas of southern Ethiopia.
In 2024125, HOPE UK raised £184.130 and was able to fullyfund a new water. sanitation. livelihood skills, and
environmental protection project in the community of Tsito Tife in the Gofa Zone of the South Ethiopia
Regional State {approximately 280 miles from the capital Addis Ababa). At the same time. HOPE UK secured
the fijnding required for the Garo Korpha project, which is due to commence in April 2025.
More specifically, this year HOPE UK transferred £50,000 to HOPE Ethiopia for the Tsito Tife project and a
further £855 for Garo Korpha. An additional £60,000 in restricted donations was raised for these two projects,
and a further £27.000 in unrestricted funds, which Trustees decided to designate for these projects. These
fundswere notyet required by HOPE Ethiopia, resultingin a largerthan usual end ofyearbalance of restricted
funds. ready to be transferred as these projects progres5.
The 18-month Tsito fife projett began in April 2024 in partnership with the local government. This duration
allows sufficient time for hygiene behaviour changes to become embedded and for the full health,
educational, and economic benefits of clean water access to be realised. In October 2024, 1,632 men, wornen,
and children gained access to clean. local water following the completion of the water system. As planned,
the local community played a major role in providing labourfortransportin8 materials and digging the4.8 km
pipeline from the newly capped spring to the reservoir and ten new water points. Despite some delays caused
by heavy rainfall, HOPE staff adapted schedules efficiently. By the project's completion, all key activities had
been delivered, including= health. hygiene. and sanitation education for 1,643 community members- basic
entrepreneurial training for eight groups of 20 women: agricultural productivity training for 220 households;
and environmental protection and climate resilience education.
FinancÉal Breakdown
In 2024125, HOPE UK'S total income increased 6.6% on the previous year, largely due to several unexpected
one-off donations. alongside successful participation in the Bi
Give Christmas Cam

Giving Tuesday appeal. These campaigns attract match-fundin& providing an additional incentive for
supporter giving. Together, they raised £57.837137% of our total income).
A further £84,960 {41% of our income) was secured from ten Trusts and Foundations. two of which funded
HOPE'S work for the first time. Over £6,60015% of our income) was impressively raised by a Bristol primary
School through their fourth Run for H20 event. We remain deeply thankful to our 34 regular monthly donors
(contributing to 17% of income) and to the churches that continue to support our mission. Corporate giving
declined this year (contributing less than 1% of income). For the first time HOPE UK receive interests on cash
savings, following the opening of an interest-bearing account.
Our non-grant expenditure remained modest at £8.500, representing just 5.4Yo of total donations.
Overall. 2024125 has been another highly successful year of fundraising and grant making. enabling HOPE UK
to deliver transformational development projects across southem Ethiopia and to expand its reach to more
communities in need.
FINANCIAL REVIEW
Reserves policy
The Trustees have reviewed the reserves of the charity. The truste& policy is 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 reseNes in the
unrestricted and restricted funds is adequate for this purpose.
All other funds raised by the organisation are transferred to HOPE partners overseas (principally in Ethiopial,
a5 funds allow. usually twice a year but with additional ad hoc transfers as required.
Printipal funding sources
The vast majority of funding during the period was donations from individuals and organisations. A small
amount wa5 received from the sale of Eift cards.
sTrucruRE, GOVERNANCE AND MANAGEMErir
Governlng 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 Att 2006.
Recruitment and appointment of new trustees
n/a

Ho
e International Develo
ment
ort of the Trustees
ar ended 31 Marth 2025
for the
Related parties
The objectives of the charity are consistent with those of its partner organisation, Hope International
Development Agency (Canadal. and there is a considerable degree of interdependence between the two
charities. As the Head Office for Hope as a whole. the Canada office is responsible for oversight and
governance of the Ethiopia portfolio which is wholly managed and run by Hope International Development
Agency Ethiopia. Hope International Development Agency Ethiopia is registered with the Ethiopian
government as an official non-government organisation.
Risk 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
Internatlonal Develo
ment
Re
ort of the Trustees
for the
ear ended 31 March 2025
REFERENCE AND ADMINISTRATIVE DEfAIiS
Registered Company number
4346286 (England and Wales)
Registered Chartty number
1094573
Reglstered offi
125 West Hill Road
Wandsworth
London
SW18 5HN
Trustees
R S Armstrong
C M Poulson
D M Newport
S L Paton
B K Tesi55a
Company Secretary
Mrs C M Poulson
Statement of trusteeg responsibilities
The trustees (who are also directors of the charitable company for the purposes of company law) are
responsiblefor preparingtheTrustees' Report and the financial Statements in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Prattice).
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 the year. In preparing
these financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charities SORP 2015 IFRS 102),"
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements-
prepare the accounts on the going concern basis unless it is inappropriate to presume that the charitable
company will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy
at any time the financial position of the charitable company and enable them to ensure that the financial
statements comply with the Companies Art 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 irre8ularitie5.
This report has been prepared in accordance with the Statement of Recommended Practice- 'AccountinE and
Reportin8 by Charities. and in accordance with the special provisions of Part 15 of the Companies Act 2006
relating to smaller entities.
Approved by the Board and signed on its behalf:
ON BEHALF OF THE 80ARD:
R S Armstrong -Trustee and Chair
Date-.

Inde
ndent Examinerfs Re
rt to the Trustees of
Ho
e International Develo
ment
en
I report to the charity trustees on my examination of the accounts of the charitable company for the year
ended 31 March 2025.
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 charitable 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 compan*s accounts as carried out under settion 145 of the Charities Act 20111'the 2011 ACY). In
carrying out my examination I have followed the Direction5 given by the Charity Commission under section
14515){bl of the 2011 Art.
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 material respect:
accounting records were not kept in respect of the company as required by section 386 of the 2006
the accounts do not accord with those records- or
the accounts 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 Vie￿ which is not a matter considered
s part of an independent examination- or
the accounts 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 Financtal Reporting Standard applicable in
the UK and Republic of Ireland (FRS 102).
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.
John Howard FCA
Chartered Accountant
Azets UK
nd
2 Floor. Regis House
45 King William Street
London
EC4R 9AN
Date:

Ho
e Intemational Develo
ment
en
ststement of Financial Activities
Includin
Income and E
for the
ar ended 31 March 2025
enditure Account
Note
Unrestricted
Funds
Restritted
Funds
Total
2025
Total
2024
Incomin8 Resources
Voluntary Income:
Donations. grants and legaaes
Events and initiatives
Gift aid
Interest receivable
36,438
79.480
55.308
5.326
115.918
55,308
12,507
397
157.808
5.522
9.389
7,181
397
Total incomin8 resources
44,016
140,114
184.130
172,719
Resources Expended
Raising Funds
8,495
8￿00
11.193
Charitable artivities:
Grants to HOPE projects
Governance costs
51,653
51,653
160,200
13
Total resources expended
8.529
51,658
60.187
171.406
Net {outgolng)/lncoming
resource5 before transfers
35.487
88,456
123.943
1,313
Transfers
130,351)
30.351
Net (outgoing)/lncomlng
resources after transfers
5.136
118,807
123.943
1,313
Total funds brought forward
5,926
1.125
7,051
5.738
Total funds carrled forward
11.062
119,932
130,994
7,051
The notes fomi part of these financial statements

Ho
e International Develo
ment
Balance Sheet as at 31 March 2025
an
number-4346286
At 31 March At 31 March
2025
2024
Notes
Current assets
Stock
Debtors
Cash at bank
7.517
124,061
6.427
1,308
131.578
Current Ilabilities
Other creditors
7,736
685
Net Current assets and Net assets
130.994
7,051
Income Funds
Restricted funds
Unrestricted funds
12
12
119,932
11.062
1,125
5,926
130.994
7,051
The company is entitled to exemption from audit under section 477 of the Companies Act 2Crf)6 for the year
ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 March 2025 in accordance with sertion 476 of the Companies Act 2006.
The director5 acknowledge their responsibilities for-
al Ensuring that the company keeps accounting records which comply wrth section 386 and 387 of the
companies Act 2006 and
b) Preparing financial statements which 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 surplu5 or deficit for each financial year in
accordance with the requirements of section5 394 and 395 and which otherwise comply with the
requirements of the Companies Act 2006 relatingto financial Statements. so far a5 applicable to the
company.
The financial statements have been prepared in accordance with the special provisions of Part 15 of
Companies Act 2006 relating to small companies.
The financial statements were approved by the Boards of Trustees on 21st November 2025 and were signed
on its behalf by=
Armstrong- Chair and Trustee
The notes form part of these financial statements

Ho
International Develo
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en
Notes to the Financial Statements
for the
ar ended 31 March 2025
Accounting Pollcles
(a) General information and basis of preparation
Hope International Development Agency is a company limited by guarantee in the United Kingdom.
The address of the registered office is given in the charity information on page l of these financial
statements. The nature of the charitvs operations and principal activitie5 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 Charitie5". 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 1021 issued on 16 July
2014, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS
1021. The Charities Act 2011. the Companies Act 2016 and UKGenerallyAccepted Practice as it applies
from l January 2015.
The financial statements are prepared on a going con￿rn basis under the h￿torICal cost convention,
modified to include certain items at fair value. The financial statements are prepared in sterling which
is the functional currency of the charity.
The significant accounting policies applied in the preparation to these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise stated.
There has been no change to the accounting policies {valuation rules and methods of accounting) since
last year.
(b) Fund accounting
General funds are unrestricted 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 for particular purposes. The cost of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
{c} Incoming resources
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is
legally entitled to the income after any performance conditions have been met, 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
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ment
en
Notes to the Financial Statements
for the
ear ended 31 March 2025
Accounting Policies- continued
(d) Resources expended
Expenditure is recognised when a liability 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 attracting voluntary income.
Charitable activities include expenditure associated with the projects SUPPOrted by the
charity and include both the direct costs and support costs relating to these attivities.
Governance costs include those incurred in the governance of the charity and its assets and
are primarily associated with constitutional and statutory requirements.
{e) Stock
Stocks are stated at the lower of cost and net realisable value.
{fj Debtors
Other debtors are recognised at the settlement amount due.
{g) Cash at bank and In harKI
Cash at bank and cash in hand indude5 cash and short term highly liquid investments with a short
maturity of three months or less from the date of acquisttion or opening of the deposit or similar
account.
(h) Credltors
Creditors are recognised when there is a present obligation 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
can be measured or estimated reliably.
Other ¢reditor5 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 initially recognised at transattion value and subsequently
measured at their settlement value.
(i) Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction.
(i) Judgements and key sour￿5 of estimation uncertainty
In the application of the charitys accounting policies, the trustees are required to make judgernents,
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 ongoin£ basis. Revisions to accounting
estimated 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.

Ho
International Develo
ment
en
Notes to the Financial Statements
for the
ar ended 31 March 2025
Voluntsry income
Unrestricted
Funds
Re5trirted
Funds
2025
Total
2024
Totsl
Committed Iregularl giving
Donations, grants & legacies
17,671
18,767
1,089
78,391
18.760
97.158
20.534
137.274
Events and initiatives=
Christmas Carols
Christmas Decorations
Run for H20
Giving Tuesday
Big Give
Gift Cards
129
129
167
6.622
7.716
6.622
7,716
40,000
5.150
96
Gift aid
Interest receivable
7,181
397
5,326
12,507
397
9,389
44.016
140,114
184,130
172,719
Raising Funds
2025
2024
Fundraising C05tS
Administration
Postin& printing and reproduction
Travel and Subsisten￿ costs
Training
1,404
8,123
90
1.551
25
6.749
100
8.500
11,193
Restricted costs included in the above re travel to Ethiopia
Travel to Ethlopia
Administration costs for Mynmar
1,295
1,295

Ho
e Internatt<>nal Develo
ment
en
Notes to the Financial Statements
for the
ear ended 31 March 2025
Details of Charitable Activities
2025
2024
Grant funding
HOPE Ethiopia
HOPE Myanmar
Bank charge5
50.960
I60,C￿0
93
200
51.653
160,200
Grant Funding 2024/25
Re5trirted Unrestricted
Total
HOPE Ethiopia
HOPE Myanmar
39.258
6(JJ
11.702
50,960
600
39.858
11,702
51.560
Grant Funding 2023124
Restricted Unrestricted
Total
HOPE Ethiopia
HOPE Myanmar
122.683
37,317
160,000
122.683
37.317
160,000
Grant payable
The charitable attivities are undertaken on behalf of the charity by partner organisations. The grants
sentto Hope Ethiopia were used to fund clean watersupplies 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 Ethiopi3. This
included a grant of £960 for a laptop to support the aforementioned attivities. 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 Understanding.
Governance Costs
2025
2024
Companies House fees
13
13
Azets UK very kindly provide their services without charge.
In 2024125 and 2023/24. all of the govemance costs related to unrestricted expenditure.

Ho
e International Develo
ment
Notes to the Financial Statements
for the
ear ended 31 Marth 2025
en
Stock
2025
2024
Goods for resale
Debtors
2025
2024
Other debtors
Interest receivable
7.120
397
6,427
7.517
6,427
Creditors due within one year
2025
2024
Other creditors
685
685
io.
Trustee< remuneration and expenses
No Trustees received nor waived any remuneration during the year (2024/25: £nil). They are entitled to
claim expense5 for attending meetings and duties direttly related to their duties as trustee.
In 2024125 £nil12023124 £nil) was claimed by trustees in relation to travel expenses.
ii.
Related Party
There are no related party transactions during the period (2024125- £nil}

e International Develo
ment
Notes to the Financial Statements
for the
ear ended 31 March 2025
en
12.
Movement in funds for the year
Opening
Balance
Incomin8
Resources
Resources
ended
Closing
Balance
Transfer
Hope InYI- Myanmar
Hope Int'l- Cambodia
Hope Inyl - Ethiopia
650
425
50
1650)
425
118,857
139,514
(51.008)
30.351
Total Restricted Funds
1,125
140,114
(51,658)
30,351
119,932
Unrestricted funds
5,926
44.016
{8,529)
(30.351)
11.062
Total Funds
7.051
184,130
(60.187)
130,994
12a.
Movement in funds for the prior year
Opening
Balance
Incoming
Resources
Resources
nded
Closing
Balan
Transfer
Hope InYI- Myanmar
Hope InVI- Cambodia
Hope InVI - Ethiopia
50
650
425
50
425
131,190
1161,4951
30,355
Total Restrirted Funds
132.215
1161,4951
30.355
1,125
Unrestricted funds
5,688
40.504
{9,911}
130.355)
5,926
Total Funds
5,738
172.719
(171.406)
7,051
Please note that there has been a correttion ofthe allocation of incoming resources allocated to Hope InYI- Myanmar
with £425 being transferred to Cambodia and £50 to Ethiopia.