Hessle Road Network
(A company Ilmited by guarantee)
Report and Financial Statements
For the year ended 31 March 2024
Re8Sstered Company Number: 4360117 IEn8land and Wales}
Re8lstered Charily Number: 1097S19

Hessle Road Network
Contents of the Financial Slatements
For the
earended 31 Mar
h 2024
Page
Company Information
Report ol the director5 Ilncludin8 the Truslees, Report)
Independent Examiners Report
Statement ol Financial Activities
io
alance Sheel
li
Notes to Financial Statements
12-19

Hessle Road Networ
Com
For the
an
Informalion
ear ended 31 March 2024
CHIEF OFFICER & SECRETARY:
J. Robinson
REGISTERED OFFICE:
Network Young People's Cenlre
l Massey Street
Hull
Easi Yorkshlre
HV3 3LA
TRUSTEES:
Reverend M Hills
L Tock
Reverend T Cotson
C Donnelly
Resigned 131oV2024
M Hogben
T Hefflming-Tayler
D Hamilton
INDEPENDENT EXAMINER:
Jon Llster FCCA
Enterprise Chartered Certified AccoLFntants
8 Castle8ate
Doncaster
DNII 9QU
BANKERS:
Barclays Bank PIC
PO Box 11
Hull Group of Branches
Hull
HUI 2J8
Page I

Hessle Road Network
Re
ort of the Diiectors
Includin
the Trnstees, Re
For the ear ended 31 March 2024
ort
The trustees, who are also dlreciors of the charity for the purposes of the Companle5Aci, submlt thelr
annual report and the linancial statements for the year ended 31st March 2024. The trustees have
adopted the provisions of the Statement ol Recommended practi￿ ISORPI IFRS 10211ssued in
2015 in preparing the annual report and finaThclal statements of the charlry.
The eharlty Is a charitable company and Is limited byguarantee. The charilV'sgove¥nln8 documeTht Is Its
Memorandum and Articles ol Association. whith restricts the charity's operationsto all lawful acts as are
necessary or Intidental io Its Objects.
Yrustees, lesponslbllltles statement
Company law requlres the trustees to prepare financial statements for eath financlal year whlch Rlve a
Ifue and falr vlew of the state ol affairs of the charitable company and olthe Incoming resources and
application of resources. Including the Income and expenditure, of the charitable £ompaThy lor theyear.
In preparing the finarbcial statements, the knjstees are requlred to-
select sultable accounling policies and then apply them conslstentty-
observe the methods and principles in the Charities SORP..
make Judgements and esrimates that are reasonable and prudenL'
state whether appllcable UK Accovntin8 Standard5 have been followed,subiect to any materlal
departures disclosed and explained In the financial statement:
prepare the financial staternents on the 8oin8 concern ba515 unless it 15 inappropriate to presume that
the charitable company will contlnue In operailon.
The trustees are responsible for keeping adequate accounling record5 that dlsclose wlth reasonable
accuracy at any rime the financial position ol the charitable company andènable them to ensure that
the financial statements comply with the Companies Act 2(X)6. They are also responlble for
safe8uardin8 the asset5 of the charitable company and hence for laking reasonable steps for the
prevention and detection of fraud and other irre8ularities.
Structure. governance and management
The trustees have responsibility to direct the chariiy's affairs in Such a wayas io promote the Objects.
D¢iy to doy monogement
The day to day management of the charity is carried out by the Chief Officer. ￿spOn￿bIe to ihe
Executive Cornm¥ttee made up of the truslees ol the cornpany.
General meetings ale held bS-monthly to disCU5s maiters and for decision making. Meetings are
carried oui In line wlth the Articles of Associalion of ihe company.
Other malor roles In the charity Include the finance directorldeputy chiefofficei who performs
accounting dv¢ies.
Page 2

Hessle Road Network
Re
ort of the Diiectors
includin
the Trustees. Re
For the
ear ended 31 March 2024
- Contlnued
Structure. governance and management contlnued
Recrtjitment ond training of tru5tee5
Trustees are reciuited based on their knowled8e and experience In the seNces the charity provides
to meet Its objectives. No formal tralning Is provlded to newtruStees8￿erl their exlsting knowled8e.
Training is available should bi be required.
Risk monogement
The board ol trustees have overall responsibility lor ensvring thal the chaiity has appropriate sysiems
ol controls, linanclal orotherwlse. They are also responsible lor keeping yoper accountlng records.
for safeguarding the assets ol the charity and for taklng reasonable sleps lor the prevention and
detection ol fraud and other irrÈgulaiitres and to pio¥ide reasonable assurance ihat..
The charity is opeiatin8 effictently and effectively
- The assets are safeguarded agalnst unauthodsed use or di5POSltion
Proper records are maintained and linancial information used within ihe chaiity reliable
The charity complies with relevant ￿w5 and re8ulations
Risk review
The trustees have conducted a revÈew of ihe major risks to whlch the charity Is exposed and
appropriate systems have been established to miligate those risks. Sl8nilKant extein31 risks to
funding have ￿3￿ to ihe development and Implementation of a strategk plan. This ￿11 allow for
the re-direclion of lunding and some atlivities.
Internal risks are mlnimlsed by the implementalion of procedu￿5 for authorisation ol all
Iransactions and projetts to ensure consistent qualityof delivery for all operational aspects ol the
charity. These procedures are constantly reviewed to ensure ihat they still meei the needs ol the
charily.
Oblectlves and actlvltles
The charity's objectSves as stated In the companvs Memorandum and Article5 of A550ciation are
principally lor the benefii ol the community in the a￿a surrounding the centre.
Heolth
- To provide or a5515t in promding facililies. services or assistance to persons who are aged. who have
mental or physical disabilities of who are chronically sicL-
- To promote good health and the relief ol sickness..
Sociol core
- To provide or improve or to assist in providing or improvin& in the interests of social care and
Improving Ihe condilion5 of life of those in the area. social. ￿CreatiOnal or leisure time facilities and
in particular for those who need those facilitie5 because ol theiryovth. age. iTrlirmlty, disability.
poverty or social and economic circumstances.
Page 3

Hessle Road Network
Re
ort of the Directors
includln
the Trustees, Re
For the
ear ended 31 March 2024
ort
contlnued
Objectlves and actfvltles contlnued
S¢Jciol core continued
-To promLTrie the ellminaiion of social exclusion and discdmlnaiion,.
. To promote good community Telalions between both IndNidua15 and ￿anisatiOnS both
inside and oulside the area.
Educottion ond troining
- To advance education:
- To provide or assist in providing and improvln8 access io tralnln8 and a550¢1aied facilities:
Employment ondenterpn'se
-To relieve unernployment In such way5 as may be thought flt, Includingasslsiln8
people to lind employment. provlding employment opportunltles or providi
nemployed people with work experieno..
- To provide w asslst In provlding Ilnancial assistance. technlcal asslstance orbusiness
advice or consultancy in order to provide training and employment opwiunities for
unemployed people In cases of financial OT Other ¢hariiable need ihrough help-
- In setting UP their own business. or
- To existing business,.
Environment
-To promote the ctsniervation. protection and Smprovement of the phy5Kal and natural
environment and access to open space,.
Othe
- To promote any oiher charitable puipose.
Equol opportuFttties
In furtherance of the Objects the charity shall at all tlmes take Into consideralion the
prlnciples of equality of opportunity irrespective of ège. gender. race, cok)ur, nationality.
ethnic origin, reliBion, sexual orientat*)n or disability.
Publlc benelit
The trustees confirm thal they have paid due ￿ard to the Charitie5 Commission guidance
on public benefit in deciding which actiwlies Hessle Road Network shouh4 undertake.
The area the charity serves is characterised bysevere levels ol urt)an depitV3tion and
Iherelore there is little opporlvnily for members of the community to develop skills or
be provided with information on health and social care seryices. The work the charity
carries out with schools has given increased acce5S to those services.
Page 4

Hessle Road Network
Re
ort of the Dlreclors
Includin
the Trustees, Re
For the
ear ended 31 March 2024
- contlnued
Chalr's report
Thi5 ha5 been the Hessle Road NetworV$ 25 yearworking in the Hessle Road Commurmty.
Over the summerwe worked with a 8rovp ol semce users to organlse a community BBQ evenl
attended by families, older resldents and some ol our supporters ￿th people getting involved in
bakin& 8ardenin8, craft5 and most importantly. bein8 Wlth each oiher. The weatherwas kind to
s arhd the event provlded a Breat opporlunity for people to share iheir skills and Bet to better
know each other. Also we held an ￿eTht to mark the King's Coronatlon. Food providèd the main
centerpSece a8ain la theme thal runs through all of our activitie51 includinE a Royal photo booth.
We supported our seNice ysers to plan ihi5 eveni lof several weeks, making decorations and
planning a bullet ènd games- blngo bein8 a firm lavouriie. Events like ihese are so Important for
our community because they provide opportunities for people to come toBether in a light-
hearted way, get to know each other and find out what they have in common. Over the course of
thls year we have worked wlth over 150 membe¥s ol the community, aimlng to reduce feelings ol
Isolation and anxiety and improve their physical, mental and emotional well-being.
Our work with youn8 people h85 conlinued thioughout the year wlth a group of youn8 people
campaigning on issues that they identified as important to them. This year their main focus has
been tackling food poverty and the quality of school meals and we supported them to meet with
thelr local MP, write letters to schools and local bu￿nesseS and gather f¢)od donations. The
young people distributed food packs during the school holidays to 60 young people and famllies.
The group Is now working on a campaign aboui menstrual health and access to menstrual
products. Otheryoung people planned a residential camping weekend In East YorkshSre, during
which they made two ol ouryouth workers slay up until the eaAy hours ol the morning making
s'mores over the bonfire. In addilton to our usual pro8iamme of open access evening session5.
we delivered session5 to raise young people's awareness of a number ol issves and camp3i8ns
including World Mental Health Day. LGBTQ+ Awareness. Black Hislory Monih and White Ribbon.
These activities allow young people lo explore and betler undersiand such issues in a sale
environment where they can èsk questions and receive tru5twoilhy and ieliable information.
enabling them lo develop informed opinions. which in turn piomote5 under5tandin&
collaboratlon and harmony. This year we have worked wilh over 250 young people through our
open access evenin8 sessions, Outreach sessSons and lar8eted ywlh work.
Page 5

Hessle Road Network
Re
ort of the Directors
includin
Ihe Tius
For the ear ended 31 March 2024
ee
or
- contlnued
Chalr's report. Continued
We have supportedyoung people and adults affected bydomestlc abusethrough our Chahglng Futures
projeci for over 10 years and during that time ourwork has developed and evolved to meet the needs of
servlce useis experienclTTrg th15 complex and multi-stranded Issue. This year we wereable to support a
member ol our team to successfully complete the SafeLlves Domestic Abuse Setvice Manager training as
we work towards achieving the Leading Light5 accreditalion over the next coupleof years. Through the
Changlng Futures proleit we have continued to provlde Intensfve 1-2-1 support to vktlmslsurvivors,
deliver healihy/unhealthy relationshlp awareness programmes to youn8 people arsd ¢o-delivei the Brave
domestic abuse recovery pro8ramme alongside pratlitionefs from the Hull Domestic Abuse Partnership
IDAPI. Sadly, Ihe number ol people accessing our prolecl who are allecied by domestic abuse 15
increasing so the fact that we can offer thls community-based, acce55ible support has never been more
Important.
Our Voice & Influence work remalns an 5nte8ral part of the project and shape5 and Informs our detisions
and dlrection at every level. Having already been awarded the Investing in Chlldrerh quality mark lor over
10 years and the National yo￿th A8ency INYAI Quality Mark at the AdvarKed Level, we are now workin8
towards achieving the NYA Quality Mark at the Outstanding Level
The cost of living èmergency contlnues to bile In ovr communlty with famlliès. the elderly, couples and
single people all being squeezed beyond what Should be expected of them, however their resilience and
tenacity continues to impress. Oui comtnunily lacks financial resources. but it more than compensates in
kindness. care and community spirit and we regularly see people support each oiheremotionally and
practically. People who once barely knew each oiher have made hospitalvisits when members of the
8roup have been ill, provided th11dca￿ when parents have had appointments and provide a killd and
understanding ear whenever people need to talk aboui iheir worries. We have seen an increase in ihe
number of adults receiving 1-2-1 suppori from us to help overcome a number of issues including debt.
lood and fuel poverty, access to benefits. domestic abuse. extreme isolaiion and poor mental healih.
Often. those we support through this work are experiencin8 multiple issue5 that are interconnected and
an quickly Spiral and become very complex resultln8 in the need for long-teim Intensive Support. Thls
year, we liave SLlPPOrted over ILKJ adults through Intensive 1-2-1 supportwith much ol that work Siill
conlinuirhg.
Page 6

Hessle Road Network
Re
ort of the Directors
includin
the Trustees. Re
For the
ear ended 31 March 2024
ort
- continued
Chalr's report- Contlnued
I should not close wlthout acknowledging the incredible 5UPPOrt we receive from ourvolunteer5,
supporteis and funders. Our army of loyal. hardworktngvolunteers whoweek after week keep the
charity shop open, provlde endless hot drinks and food during sessions and keep the weeds In the
allotment at bay, deserye our thanks. You provide the warm welcomè to our cownmunity whith Is so
vital. Our supporters help to keep us going wlth donations 018ardenirbg resource5, toys, Chrlstrnas glfts,
staff time and food and also raise funds to SU51ain our worl we are eternally gfateful. You enable u5 10
dellver projects that would be Imposslble withoul your support. Desplte the current very difficult
financial climate our lunders help us to keep the project running and delNer vital servlces to the
community. we cannot thankyou enough. Without you. none of this would be p055ible.
Flnally. my lellow Dlrectors extend our enormou5 appretiation to our sen￿r rnanagement and staff
team for their professronal and enthuslasiSc commltment to ensure Ihat Hes51e Road NetworkcontSnue5
lo serve our cornmunity prospers todayand loranother 25 yearsl
In conclusion l am requlred io include Information aboul our financial reservès..
General ReseNes
In order to urbderpill our long-term commltments and cover runnlng costs, He5sle Road Network hold5
funds in reserve whtch can be used to mainiain our seNice for an inierlm per#)d during a gap In fundin8
or whilst we implemenl an exit strategy. We currenlty hold £73,506 in 8e¢)eral reserves. It is our aim to
hold sufficleni funds 6eneral reselves to cover a six-month period of expendiiure. As the￿ are
currently insufficient funds In ourgeneral reserves, the Board of Directors agtse at the end of each
financial year il, and by how much. to top up the fund.
Desl
naied Reseryes
Hessle Road Network has designated reseives whlch are used for specific purposes. We cur¥ently have
a redundancy fund to cover slafl redundancy cosis Icurrently holding £65,0(xJl and a woperty fund to
cover the cost ol maintaining and refurbi5hiTh8 our purpose-built Cent￿ (where these costs can't be
covered within our vsual budget). The property fund currently holds £35.000. The amount held in
designaled reserves is reviewed throughout the year and at the end ol the financial year the Board ol
Directors agree the level of designated reserve5 required lor the forthcomingyear and top up as
necessary.
All money allocated io general and designated reserve5 is drnwn from unreslricted funds.
Page 7

Hessle Road Network
Re
ort of the Dlrectors
Includin
the Trustees, Re
For the
ear ended 31 March 2024
ort
- contlnued
Chalr's report. Conllnued
Our Y15k*n:
A strongercommunityforoll
Our Misslon:
elA-esteem andconfidence to enhunce ouolityof lile In our¢ommunity
Roising 05pirotiorJ
Mich
Chalr, Board of Dlrectors
Hessle Road Network
z? - CI -IGILr
Page 8

Inde
endent Examiner5 Re
He551e Road Network
For the
ear ended 31 March 2024
ort to the Trustees of
We report on the a¢¢ouniS for the year ended 31 March 2024 set out on pa8es 10 to 19.
Retr95peclive responsibllitles of tIUStees and examlner
The trustees (who are also the directors of the companyforthe purposes of company lawl ale
responslble fof the preparation ol the accounts. The trustees conslder that an audit 15 not fequired
for this year under sètlitsn 145111 of the Charities Acl 2011 and that an independent examlnation 15
needed.
Havin8 satisfied myself ihal the charity Is nol subject to audit undercompany law and is el(8ible for
Independent examination, it is rny responsibllity to-
examine the accounts undei section 145 01 the Charities Act 2011,.
- to follow the procedure5 laid down in the 8eneral direclions given by the Charity Commlssion under
sectlon 14515llbl of the CharitiesAct 2011.. and
- to state whether particular matters have come to my attentIc￿.
8asls of Independent exarnSner's report
My examination was carried oul in accordarKe with the eeneral diretlions8iven by the Charity
Commission. An exarnination includes a review of ihe accountlng records kept by ihe charity and
comparlson of the accounts presented with ihose record5. It also Sncludes corbsideratiots of any
unusual Items or disclosures in Ihe account5 and seeking explanalions from you as irustees concerning
any svch matters. The procedures underlaken do not prowde all the evidence thal would be required in
an audit and consequenily no opinlon Is glven as to whether the accounts present a'liue and lair view.
and the report is limited to those matiers set out in the sialernent below.
Independent examlner's statement
In connection with my examination. no matter has come to my attention..
which gives me reasonable cause to believe thal in any malerial respects ihe requirements
to keep accounting records in accordance wilh seclion 386 01 the Companies Act 2006,. and
io piepare accounts which accord with accounting records, complywth the account%ng
requirements OF section 386 01 the Companies Act 2006 andwith the method and principles
ol the Staternent ol Recommended Pcactice: Accounting alld Reporting by Charities
have not been met.. or
121
to whÈch. In my opinion. atten
understanding of the
'on should be drawn In orderto enable a proper
to be reached
Jon Ilster FCCA
Enterprise Atcountancy Se
8 Ca5tlegate
ices
Daied..
18-1
Doncaster
Souih Yorkshire
DNII 9QU
Page 9

He551e Road Network
Statement of Financial Activitles
Includin
For the
ear ended 31 March 2024
Income & Ex
enditure Account
Unre5trirted Restri¢ied
Funds
Funds
2024
2024
Total
Fund5
2024
Toial
Funds
2023
Notes
INCOMING RESOURCES
Incomln8 resource5 from
Beneiated funds:
Actlvitiesforgenerotlllglunds
Investment Income
Project delivery
Incomlng resource5 from
charltable actlvltles:
Grants
Donatlons, fundralsing and gilts
2,197
13,126
2,197
78.735
523
95,766
65,609
232.600
232.600
19,262
189,214
14,745
19.262
TOTAL INCOMING RESOURCES
34,585
298.209
332.793
300,248
RESOURCES EXPENDEO
Charitable activities
43,364
293.565
336,929
320,706
Governance cosis
2.201
2,201
6,443
TOTAL RESOURCES EXPENDED
45.565
293.565
339,130
327.149
NET IhlCOMING RESOURCES
10.9801
4,644 1
6.3361
26,9011
TRANSFER
4,402)
4.402
Total funds brought forward
199,849 1.383.545 1,583,394
1,610.295
TOTAI FUNDSCARRIED FORWARD
184.467 1.392,591 1,577,058
1,583.394
The statement of lin3nci?l activities inclvdes all gains and losses in the year. All incoming
resources and resources expended derive from continuin8 activilies.
Page 10

Hessle Road Network
Re istered Com
an
Number: 4360117
Balance Sheet as at 31 March 2024
En
land and Wales
2024
2023
Note5
FIXED ASSETS
Tangible assets
1.312,390
.312,536
CURRENT ASSETS
Debtors
Cash at bank and in hand
3.363
265.460
268,823
8.022
267,012
275,034
CURRENT LIABILITIES
Creditors due within one year
4.155
4,176
NET CURRENT ASSETSIIUABlllnESI
264,668
270,858
TOTALASSETS LESS CURRENT
LIABILITIES
1,577.058
1,583,394
FUNDS
Unrestricted funds
Restricted funds
io
io
184,467
1,392,591
199.849
1,383,545
TOTALFUNDS
io
1,577.058
1,583,394
These financial slatements have been prepared in accordance wlth the special provisions for
srnall companies under Parl 15 of the Companies Act 2¢￿6.
The cornpany is entitled to exemption from the audit requiremenl tonialned wthln section 477
ol the Companies Act 2006, for theyear ended 31 March 2024. No membei ol ihe company
has deposited a notrce pursuant to seclion 476. requlring an audit ol these accounts.
These Financial 5taternents were approved by ihe trusiees on
The directors have acknowledged their responsibilities for preparing accovnl which give a true
and fair view ol the Company and of the pcofitlloss (which ever is applicable lor the year then
ended in actoidance with the requirement5 01 the Companie5 Act 2(M)6 and which otherwise
comply wilh the requirements of Ihss Act ielalinB to accounts. $0 far as applicable to the Companv.
The director5 have acknowledged their responsibilities for ensuring ihat the Company keeps
aicountin8 records wliich comply with ihe Companies Act 2(￿￿.
Director
Dale..
Page 11

Hessle Road Network
Notes to the F5nanclal Statements
For the
ear ended 31 March 2024
I ACCOUNTING POLICIES
Basls of ac¢ounilng
The financial statements have been prepared under the historical cosi convention and In
accordance with the Financial Reporting Standard for Smaller Entitie5 leflective january 20151
and with the Accountlng and Reporting by- Statement of Recommended Practice (issued
In january 20151.
Golng COn￿M
The financial statements have been prepared on a golng concern basls. The companws
activities are dependenl vpon the conlinued support of ils key fundets who have
undertaken to provide such support for the foreseeable future.
If the goin8 concern basis were not appropriate. adjuslments would have to be made io
reduce the value of assets to their recoverable values, to provide anyfurther liabilities
that rn8y arise alld rèclassify fixed asseis to current assets and long terms liabilities to
Cash flow statèment
The trustees have taken advantage ol ihe exemption In Flnanclal Reportin8 Standard
No. 102 from including a cash flow statement in the finantial siatement on the grounds
that the chality is small.
Grants recelvable
Revenue 8rants are credtled to the Statement ol Financial Aciiwties In the year forwhich
they are received.
Taxatlon
The company Is a reglstered charity and its activities a￿ not sublecl to taxalion.
Tangible fixed assets
Tangible fixed assels are stated at cost less depreciation. Depreciati￿ is provided at fates
calculated to write off the cost less estimated fesidual value of each asset over its expected
useful life, as follows,.
Leasehold property
Project equipment
Not depreciated
25% on cost
Staff Cosls and overhead expenses
Staff costs and ove¥head expenses a￿ allocated to ac11￿tieS on the basis of lime spent
unless otherwise identilied io a partlcular fund.
PaBe 12

Hessle Road Network
Notes to the Flnanclal Slatemenls. conilnued
For the
ear ended 31 March 2024
Fund A￿ountIng
Funds held by the charityare either:
Restflcted funds- these are funds that can only be tssed for a particular reslricted purposes
within the objecis ol the charity. Restrlclsons arh* when specllied bythe donor w wheTh
funds a￿ raised for particular restricted purposes.
unrestricted funds- these are funds which can be used ai the organisaiSon's discretion in
accordance with the objects of the charity.
Designaied funds- these funds comprise unrestricted funds thai have been set aslde by ihè
trustees for restricted purposes.
2 Prolett dèlivery Income
Unreslrlcted Restrfcled
Total
2024
Total
2023
Dlsclosure barrlng se￿Ce1cRB
Sundry receipts
Youth & Community Work
13,126
13.126
16.051
65.609
65.609
65.609
78,73S
79,715
95,766
13.126
Grant Income
Unrestricted Restiided
Total
2024
Tolal
2023
Revenue gfanls
Capital grants
232.600
232.600
189,214
232,6
232,600
J89.214
Page 13

Hessle Road Network
Notes to the Financial Statements- continued
For the
ear ended
l March 2024
3 RESOURCES EXPENDED- CHARITABLE ACTIVITIES
Unrestrlrted Restrlrted
Totsl
2024
Total
2023
Wages and salailes
Activitie5 and events expenses
Dlsclosure bureau costs
Premlses cosis
Admini5tratton costs
Travel expenses
Bank charges
Sundry expenses
Depreciation
COVID-19 costs
32.334
226.338
25.700
258,672
25.700
6,277
38,494
7A80
49
237,518
28,107
6,981
36,645
6,896
1,235
64
3,020
195
45
320,706
6,277
3A49
756
34,644
6.724
49
iio
iio
147
147
43,364
293.565
336,929
4 RESOURCES EXPENDED. GOVERNANCE COSTS
Unre5trltted Restrlrted
Total
2024
Tolal
2023
Le831 and prolessional lees
Independent examiners fee5
200
2,001
2.201
2￿)
2,001
2,201
4,517
1,926
6,443
Page 14

Hessle Road Network
Notes to the Flnanclal Statements- Contlnued
For the year ended 31 March 2024
5 NET INCOMING RESOURCES
Net Incomlng resources for the yedl IS Stated after chaigin8-
2024
2023
Oepreciation- owned assets
147
195
6 Inlormatlon on Dlrectors and employees
The avera8e number ofemployees during the year was made up asfollows-
2024
2023
05rectors
Management and adminlstration of the charlty
Adrnini5lration
Projecl work
io
21
20
No employee received emolumenls of more than £60.(W.
No trustee5' remuneration have been pald orwalved during the year.
Page 15

Hessle Road Network
Notes to the Financial Statements- ¢ontinued
For the year ended 31 March 2024
7 TANGIBLE FIXED ASSETS
Leasehold
Project
Property Equlpment
Total
COST
At Isl April 2023
Addltions
1.311,950
67.5CK)
1,379,450
At 31st March 2024
1.311,950
67,5CX)
1,379,450
DEPRECIATION
At 1st April 2023
Charge for year
66.914
147
66,914
147
At 31st March 2024
67,061
67.061
NET BOOK VALUE
At 31si March 2024
1,311,950
440
1.312,390
At 31st Marth 2023
1,311,950
1.312,536
The trustees have elected not to tomply with accounting standards and have noi depreciated
the leasehold property ovei Ihe remaFning term of the lease. As the propertywas linallv
fully compleled in 2013 the truslees con5ideied thai by recogThi5ifig an irnpairment in value
by charging depTeciation was not presenting a true and lairview arbd accordin8ly have not
adopted the relevant standard.
The trustees malntaln the bullding on an ongoing basis io ensvre thatno impairrnent
tts the tondjtlon of the building occurs.
The tru5tee5 3cknowledge thal any reduclion in the value of the propertywould have
the effect of reducing restricted reserves by a corresponding amount.
Page 16

Hessle Road Network
Notes to the Flnanclal Statements- continued
For the year ended 31 March 2024
8 DEBTOR5: AMOUNTS FAILING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Prepaid expenses & acciued Income
2,847
516
3.363
250
7.772
8,022
9 CREDITORS.. AMOUNTS FAILING DUE WITHIN ONE YEAR
2024
2023
Trade (reditors
Accrued expenses
912
3.243
4,155
1.480
2,696
4,176
10 ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unre51rlcted Restrlcted
Fund3
Fund5
Toial
Funds
Tangtble fixed assels
Cuirent assets
1,312,390 1,312.390
80,201
268,823
4.1551
188,622
4.1551
Net assets at 31st Mar¢h 2024
184,467 1.392.591 1.577,058
Page 17

Hessle Road Network
Notes to the Financial 5tatements- continued
For the year ended 31 March 2024
# MOVEMENT IN FUNDS
At
In¢on)InB
Outgolng
At
01.04.2023 Resources Resour(es Transfers 31.03.2024
General funds
103,888
34,585
45,565 1 19.4021
73,50S
Des58nated funds
Property fund
Redundancy fund
Young peoples, fund
COVID-19 Funding
Total unrestrl¢ted funrls
35,O)0
50,(KIO
990
35.000
65,000
990
9,971
184,467
Is,￿0
9,971
199.849
34,585
45,56S 1 4,4021
Big Lottery Fund- Year four
Big Lottery Fund- Year one
Big Lottery Fund- Year two
Nalional Lottery. Know Yolsr Neighbourhood
Capital fund
Capital fund 11
Hull City Council
Hull City Council - 202312024
The Sirjames Reckitt Charity- 2022123
Henry Smith - Year two
Henry Smlth- Year three
Mccain Volunteer- ProBramme three
Small Trusts & Grants
HAF Craft boxes
Garfield Weston
Affordable Warmth
Children in Need
CHCP Donalion
Two Rldlngs- Iwill
Two Ridings- COL fund
Total restricted funds
3,301
25.071
1 3.3011
40.361
42,878
29,130
65,432
13.238
21,595
29,640
7,535
39,596
1,263,298
39,596
1,263,298
8,663
8.663
65,609
8,101
41,918
7,971
6,314
9,006
3,575
16,832
9,950
2,361
65,609
8,101
17.168
24,750
25,500
17,529
693
9,864
7.007
1.340
13.406
3,575
25,OQK)
iO,OLY)
15.OCKJ
4,124
8.168
50
12,639
3,579
3.579
io.ocKJ
io,(K)o
3,000
293,565
3.000
298.209
1,383,545
4,402
1,392,591
Total funds
1,583.394
332,794
339.130
1,577.058

Page 18

Hessle Road Network
Notes to the Flnancial Statements- contlnued
For the year ended 31 March 2024
12 MEMBERS
The tompany is limlted by guarantee and therelore has no share tapital. In ihe event of the
company belng wound up. the contribution of each memberand rmnbers reslBnln8 In the
previous year is limited to £1.
13 ULTIMATE CONTROLLING PARTY
In the opinion of the difeetors no one party controlled the companyduwirbg the year under review.
The company is controlled by Its membeis who are the tfustees named in the Company
Information.
14 CONTINGENT LIABILITY
In the event of the company beSn8 wound up or no longer be able tooccupythe buildln8, the
fixed asset, leasehold property would revert In ownershlp to St John'5 Church and Hull Cit¥
Council who provSde(5 the land lor the construction of the bulldln8.
Pa8e 19