```
REGISTERED COMPANY NUMBER: 04432345 (England and Wales)
REGISTERED CHARITY NUMBER: 1098715
```
```
Report of the Trustees and
```
```
Unaudited Financial Statements
for the Year Ended 31 July 2025
```
```
for
```
```
Hope for the Nations Childrens Charity
```
```
A J Bennewith
FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GU1 4XA
```
```
Hope for the Nations Childrens Charity
```
## **`Contents of the Financial Statements for the Year Ended 31 July 2025`**
|||**`Page`**||
|---|---|---|---|
|**`Report of the Trustees`**|`1`|`to`|`4`|
|**`Independent Examiner's Report`**||`5`||
|**`Statement of Financial Activities`**||`6`||
|**`Balance Sheet`**|`7`|`to`|`8`|
|**`Notes to the Financial Statements`**|`9`|`to`|`18`|
|**`Detailed Statement of Financial Activities`**||`19`||
```
Hope for the Nations Childrens Charity
```
## **`Report of the Trustees for the Year Ended 31 July 2025`**
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreport with
thefinancialstatementsofthecharityfortheyearended31July2025.Thetrusteeshaveadoptedtheprovisions of
AccountingandReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparing their
accountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective 1 January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
HopeforTheNationsisanon-governmental,non-politicalorganisationcreatedasacharitablelegalentityin2002. The
Memorandum of Association defines the charity's 'Objects' as being:
```
```
"TorelievepovertyandadvanceeducationwithaChristianethosbytheprovisionoffunds,equipment,training, and
personnel, particularly but not exclusively to those persons living in Africa".
```
```
WhilstHopeForTheNationscarriesoutsomedisasterreliefwork,itconsidersthatthebestmethodofmeeting its
objectivesisthroughlongterminvestmentinthelivesofindividualorphansandwidowsbysponsorship, establishing
children'shomes, feedingprogrammes,education,encouragingself-sufficiencythroughdevelopingmicro enterprises, and
byprovidingasourceofcleanwater,andprovidinghumanitarianaid.Itpartnersincoalitionwithotherswith similar
objectives, in order to maximise the value to beneficiary groups.
```
## **`Grantmaking`**
```
Followingrequestsreceivedfor grants,the Chief ExecutiveOfficeris able to agree grantsof up to £5,000.For any amount
in excess of £5,000, the approval of the Board of Trustees is required.
```
```
Page 1
```
```
Hope for the Nations Childrens Charity
```
## **`Report of the Trustees for the Year Ended 31 July 2025`**
## **`ACHIEVEMENTS AND PERFORMANCE`**
## **`Financial`**
```
Thecharity'sincomeexperiencedadeclinecomparedtothepreviousyear,totalling£63,802for2024/25,down from
£74,630in2023/24.Meanwhile,thecharity'sexpenditurealsoreduced,amountingto£35,769comparedto£56,568 in
the previous year. This resulted in a surplus of £28,033 compared with the previous year's surplus of £18,062.
```
```
Thisyearsawsignificantchangesintherunningandoversightofthecharity.On31December2024LesDennis stepped
downasCEOasdidJackieDennisasthesecretary.AtthesametimeIainHarvey-Smithresignedasatrusteeon 31
December2024followedbyYeyeIkennaon31March2025,thoughLesSaunderswasappointedasatrusteeon1 April
2025.
```
```
Les SaundersvisitsKenyaonceor twicea yearin the same areasthatthe charityhas operatedfor manyyearsand knows
mostofthepeoplethatwehavebeenworkingwith.Hebringsahugeamountofexperiencewhichwebelievewill be
invaluable for the charity.
```
```
As a result,the charityhas had to regroup.A numberof the Kenya projectshave been put largelyon holdpendinga more
detailed review as well as visits by the trustees.
```
```
Kwattswapand the Malawi projectsare also on hold, requiringinputfrom Les Dennis to progressthings.The plan is to use
the funds for solar projects. £2,723 was invested earlier in the year on developing the Kwattswap website.
```
```
The following projects have continued:
```
```
KenyaEducation:Thisisanareathatwecontinuetosupport,reallyappreciatingthatitmakessuchadifferenceto the
children. £2,264 was given in September 2024 and £5,488 in January 2025.
```
```
Bungoma:£1,029waspaidinMay2025fortheschoolforfencing,classroomfurnitureandthetoiletblock.Weare in
contact with Patrick Siabuta regarding additional work there.
```
```
Mukwa: Funds are being put aside to be used for future solar projects.
```
```
India, Eswatini and Romania continue to be supported.
```
## **`FINANCIAL REVIEW`**
## **`Reserves policy`**
```
Whilstthe trusteesconsiderthata generalfundbalanceof £5,000is desired,to ensurethatsupportcosts are covered for
atleast3monthsinadvance,wehaverecognisedthattheremaybetimeswhenthiswillneedtobeflexible,due to
particular financial pressures at particular times.
```
```
At the endof thisfinancialyearthe level of reserveshadincreasedto £162,101(2024:£134,068)andavailablefunds, i.e.
those excluding fixed assets and restricted funds, stood at £130,865 (2024: £118,255).
```
## **`Investment policy and objectives`**
```
UndertheMemorandumandArticlesofAssociation,theCharityhasthepowertomakeinvestmentsasthetrustees see
fit.Thetrusteesconsideranyinvestmentsonanindividualbasis,andaredutyboundtoseekappropriate professional
advice before reaching any decision. At the year end the Charity had no invested funds.
```
## **`Volunteers and Supporters`**
```
The charityis very gratefulto all thosewho gave so generouslyof theirtime, talentsand money,bothhere in the UK, and
in Africa. It has only been able to achieve all that it has because of such generosity.
```
```
Page 2
```
```
Hope for the Nations Childrens Charity
```
## **`Report of the Trustees for the Year Ended 31 July 2025`**
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
Theorganisationis charitablecompanylimitedbyguarantee,incorporatedon7 May2002andregisteredas a charity on
23 July 2003.
```
```
ThecompanywasestablishedunderaMemorandumofAssociationwhichestablishedtheobjectsandpowersof the
charitablecompanyandisgovernedunderitsArticlesofAssociation.Intheeventofthecompanybeingwound up
members are required to contribute an amount not exceeding £10.
```
## **`Recruitment and appointment of new trustees`**
```
The directorsof the companyare also charitytrusteesfor the purposeof charitylaw and under the company'sArticles are
knownasmembersoftheManagementCommittee.TheTrusteesareresponsiblefortheadministrationand investment
policy of the Scheme. Trustees are appointed in accordance with the Articles of Association of the Charitable Company.
```
## **`Organisational structure`**
```
TheBoardofTrustees,whichconsistsofthethreedirectors,seekstomeetfourtimesayeartoreviewandmonitor the
work and management of the Charity. This body also approves annual budgets and scrutinises policy decisions.
```
## **`Wider network`**
```
Hope for the Nations Children's Charity seeks and encourages partnership with others, to enhance the work of the Charity.
OurcoalitionpartnershipsincludeHopefortheNations(Canada,Malawi,Romania,Eswatini),Elim(U.K), Ahava
Ministries, Gulugufe and Ignite Hubs International as well as with church groupings both here and abroad.
```
## **`Risk management`**
```
The Trusteeshave a dutyto identifyandreview the risksto whichHopefor The NationsChildren'sCharityis exposed and
to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
```
```
ThetrusteesactivelyreviewthemajorrisksthattheCharityfacesonaregularbasis.Thetrusteesbelievethatthey have
thesystemsinplacetomitigatetheserisks.Thisincludesmattersofhealthandsafety,wherebytheHealthand Safety
matters will be discussed by the board on occasion.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number`**
```
04432345 (England and Wales)
```
## **`Registered Charity number`**
```
1098715
```
## **`Registered office`**
```
71-73, Mayors Walk
Peterborough
Cambridgeshire
PE3 6EX
```
## **`Trustees`**
```
W R Symons
I C Harvey-Smith (resigned 31.12.24)
K A Grover
Y O Ikenna (resigned 31.3.25)
L M Saunders (appointed 1.4.25)
```
```
Page 3
```
```
Hope for the Nations Childrens Charity
```
## **`Report of the Trustees for the Year Ended 31 July 2025`**
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Independent Examiner`**
```
A J Bennewith
FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GU1 4XA
```
## **`Chief Executive`**
```
L Dennis (resigned 31.12.24)
```
## **`Company Secretary`**
```
Mrs J Dennis (resigned 31.12.24)
```
## **`Bankers`**
```
National Westminster Bank plc
P O Box 15
Cathedral Square
Peterborough
Cambridgeshire
PE1 1HW
```
```
Approved by order of the board of trustees on 25 March 2026 and signed on its behalf by:
```
```
K A Grover - Trustee
```
```
Page 4
```
## **`Independent Examiner's Report to the Trustees of Hope for the Nations Childrens Charity`**
## **`Independent examiner's report to the trustees of Hope for the Nations Childrens Charity ('the Company')`**
```
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025.
```
## **`Responsibilities and basis of report`**
```
As thecharity'strusteesof theCompany(andalsoitsdirectorsforthepurposesof companylaw)youareresponsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
```
```
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe2006 Act
andareeligibleforindependentexamination,I reportinrespectofmyexaminationofyourcharity'saccountsas carried
outunderSection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationIhavefollowed the
Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the
examination giving me cause to believe:
```
`1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or`
`2. the accounts do not accord with those records; or`
`3. 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 view which is not a matter considered as part of an independent examination; or`
`4. 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 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).`
```
I have no concernsand have come acrossno othermattersin connectionwith the examinationto whichattention should
be drawn in this report in order to enable a proper understanding of the accounts to be reached.
```
```
.......................................................
```
```
A J Bennewith
FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA
Upper Ground Floor
18 Farnham Road
Guildford
Surrey
GU1 4XA
```
```
31 March 2026
```
```
Page 5
```
```
Hope for the Nations Childrens Charity
```
## **`Statement of Financial Activities`**
## **`for the Year Ended 31 July 2025`**
|`Unrestricted`
`funds`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
`35,526`
`Investment income`
`3`
`81`
**`Total`**
`35,607`
**`EXPENDITURE ON`**
`Raising funds`
`4`
`478`
**`Charitable activities`**
`5`
`Overseas support and project costs`
`5,387`
**`Total`**
`5,865`
**`NET INCOME/(EXPENDITURE)`**
`29,742`
**`Transfers between funds`**
`13`
`(17,720)`
**`Net movement in funds`**
`12,022`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`118,843`
**`TOTAL FUNDS CARRIED FORWARD`**
`130,865`|`Restricted`
`funds`
`£`
`28,195`
`-`
`28,195`
`545`
`29,359`
`29,904`
`(1,709)`
`17,720`
`16,011`
`15,225`
`31,236`|`31.7.25`
`Total`
`funds`
`£`
`63,721`
`81`
`63,802`
`1,023`
`34,746`
`35,769`
`28,033`
`-`
`28,033`
`134,068`
`162,101`|`31.7.24`
`Total`
`funds`
`£`
`74,556`
`74`|
|---|---|---|---|
||||`74,630`|
||||`783`
`55,785`|
||||`56,568`|
||||`18,062`
`-`|
||||`18,062`
`116,006`|
||||`134,068`|
```
The notes form part of these financial statements
```
```
Page 6
```
```
Hope for the Nations Childrens Charity
```
## **`Balance Sheet`**
## **`31 July 2025`**
|`Unrestricted`
`funds`
`Notes`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`10`
`-`
**`CURRENT ASSETS`**
`Debtors`
`11`
`116,108`
`Cash at bank`
`15,957`
`132,065`
**`CREDITORS`**
`Amounts falling due within one year`
`12`
`(1,200)`
**`NET CURRENT ASSETS`**
`130,865`
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
`130,865`
**`NET ASSETS`**
`130,865`
**`FUNDS`**
`13`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`Restricted`
`funds`
`£`
`-`
`256`
`30,980`
`31,236`
`-`
`31,236`
`31,236`
`31,236`|`31.7.25`
`Total`
`funds`
`£`
`-`
`116,364`
`46,937`
`163,301`
`(1,200)`
`162,101`
`162,101`
`162,101`
`130,865`
`31,236`
`162,101`|`31.7.24`
`Total`
`funds`
`£`
`588`
`104,962`
`29,839`
`134,801`
`(1,321)`
`133,480`
`134,068`
`134,068`
`118,843`
`15,225`|
|---|---|---|---|
||||`134,068`|
```
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year
ended 31 July 2025.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
31 July 2025 in accordance with Section 476 of the Companies Act 2006.
```
```
The trustees acknowledge their responsibilities for
```
- `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and`
- `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.`
```
The notes form part of these financial statements
```
```
continued...
```
```
Page 7
```
```
Hope for the Nations Childrens Charity
```
## **`Balance Sheet - continued 31 July 2025`**
```
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.
```
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon25March2026and were
signed on its behalf by:
```
```
K A Grover - Trustee
```
```
The notes form part of these financial statements
```
```
Page 8
```
```
Hope for the Nations Childrens Charity
```
## **`Notes to the Financial Statements for the Year Ended 31 July 2025`**
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicableto charitiespreparingtheir accountsin accordancewith the Financial Reporting
StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Companies
Act 2006. The financial statements have been prepared under the historical cost convention.
```
## **`Income`**
```
All incomeis recognisedin the Statementof FinancialActivitiesonce the charityhas entitlementto the funds,it is
probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and
the amountof the obligationcanbe measuredreliably.Expenditureis accountedforon an accrualsbasisand has
beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.
```
## **`Tangible fixed assets`**
```
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
```
- `Fixtures and fittings - 10% on reducing balance`
## **`Taxation`**
```
The charity is exempt from corporation tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
```
```
Restrictedfundscanonlybe usedforparticularrestrictedpurposeswithinthe objectsof the charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
```
```
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
```
```
continued...
```
```
Page 9
```
```
Hope for the Nations Childrens Charity
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 July 2025`**
|**`2.`**|**`DONATIONS AND LEGACIES`**||||
|---|---|---|---|---|
||||`31.7.25`|`31.7.24`|
||||`£`|`£`|
||`Donations`||`60,356`|`70,402`|
||`Gift aid`||`3,365`|`4,154`|
||||`63,721`|`74,556`|
|**`3.`**|**`INVESTMENT INCOME`**||||
||||`31.7.25`|`31.7.24`|
||||`£`|`£`|
||`Deposit account interest`||`81`|`74`|
|**`4.`**|**`RAISING FUNDS`**||||
||**`Raising donations and legacies`**||||
||||`31.7.25`|`31.7.24`|
||||`£`|`£`|
||`Fundraising and publicity`||`1,023`|`783`|
|**`5.`**|**`CHARITABLE ACTIVITIES COSTS`**||||
||||`Support`||
|||`Direct`|`costs (see`||
|||`Costs`|`note 6)`|`Totals`|
|||`£`|`£`|`£`|
||`Overseas support and project costs`|`26,523`|`8,223`|`34,746`|
|**`6.`**|**`SUPPORT COSTS`**||||
||||`Governance`||
|||`Management`|`costs`|`Totals`|
|||`£`|`£`|`£`|
||`Overseas support and project costs`|`5,953`|`2,270`|`8,223`|
```
continued...
```
```
Page 10
```
```
Hope for the Nations Childrens Charity
```
## **`Notes to the Financial Statements - continued`**
## **`for the Year Ended 31 July 2025`**
## **`6. SUPPORT COSTS - continued`**
```
Support costs, included in the above, are as follows:
```
|`31.7.25`
`31.7.24`
`Overseas`
`support`
`and`
`project`
`Total`
`costs`
`activities`
`£`
`£`
`Rates and water`
`1,000`
`2,400`
`Telephone`
`-`
`131`
`Postage and stationery`
`-`
`702`
`Sundries`
`96`
`72`
`Motor and travel`
`-`
`4,370`
`Loss on disposal -fixed assets`
`588`
`-`
`IT and computer costs`
`950`
`810`
`Branding costs`
`2,723`
`2,800`
`Depreciation of tangible and heritage assets`
`-`
`65`
`Interest payable and similar charges`
`596`
`966`
`Accountancy fees`
`2,040`
`1,440`
`Trustees' meeting expenses`
`230`
`892`
`8,223`
`14,648`
**`NET INCOME/(EXPENDITURE)`**
`The net movement in funds is stated after charging the following:`|`31.7.25`
`31.7.24`
`Overseas`
`support`
`and`
`project`
`Total`
`costs`
`activities`
`£`
`£`
`Rates and water`
`1,000`
`2,400`
`Telephone`
`-`
`131`
`Postage and stationery`
`-`
`702`
`Sundries`
`96`
`72`
`Motor and travel`
`-`
`4,370`
`Loss on disposal -fixed assets`
`588`
`-`
`IT and computer costs`
`950`
`810`
`Branding costs`
`2,723`
`2,800`
`Depreciation of tangible and heritage assets`
`-`
`65`
`Interest payable and similar charges`
`596`
`966`
`Accountancy fees`
`2,040`
`1,440`
`Trustees' meeting expenses`
`230`
`892`
`8,223`
`14,648`
**`NET INCOME/(EXPENDITURE)`**
`The net movement in funds is stated after charging the following:`|`31.7.25`
`31.7.24`
`Overseas`
`support`
`and`
`project`
`Total`
`costs`
`activities`
`£`
`£`
`Rates and water`
`1,000`
`2,400`
`Telephone`
`-`
`131`
`Postage and stationery`
`-`
`702`
`Sundries`
`96`
`72`
`Motor and travel`
`-`
`4,370`
`Loss on disposal -fixed assets`
`588`
`-`
`IT and computer costs`
`950`
`810`
`Branding costs`
`2,723`
`2,800`
`Depreciation of tangible and heritage assets`
`-`
`65`
`Interest payable and similar charges`
`596`
`966`
`Accountancy fees`
`2,040`
`1,440`
`Trustees' meeting expenses`
`230`
`892`
`8,223`
`14,648`
**`NET INCOME/(EXPENDITURE)`**
`The net movement in funds is stated after charging the following:`|
|---|---|---|
||`2025`|`2024`|
||`£`|`£`|
|`Independent Examiner's remuneration`|`1,200`|`1,440`|
|`Depreciation of tangible fixed assets`|`-`|`65`|
|`Loss on disposal of fixed assets`|`588`|`-`|
## **`7. NET INCOME/(EXPENDITURE)`**
## **`8. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31July2025norfortheyear ended
31 July 2024.
```
```
continued...
```
```
Page 11
```
```
Hope for the Nations Childrens Charity
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 July 2025`**
## **`8. TRUSTEES' REMUNERATION AND BENEFITS - continued`**
## **`Trustees' expenses`**
```
During the year, there were trustee meeting expenses of £230 (2024: £892).
```
## **`9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|`Unrestricted`
`funds`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`38,415`
`Investment income`
`74`
**`Total`**
`38,489`
**`EXPENDITURE ON`**
`Raising funds`
`727`
**`Charitable activities`**
`Overseas support and project costs`
`16,415`
**`Total`**
`17,142`
**`NET INCOME/(EXPENDITURE)`**
`21,347`
**`Transfers between funds`**
`(10,074)`
**`Net movement in funds`**
`11,273`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`107,570`
**`TOTAL FUNDS CARRIED FORWARD`**
`118,843`|`Restricted`
`funds`
`£`
`36,141`
`-`
`36,141`
`56`
`39,370`
`39,426`
`(3,285)`
`10,074`
`6,789`
`8,436`
`15,225`|`Total`
`funds`
`£`
`74,556`
`74`|
|---|---|---|
|||`74,630`|
|||`783`
`55,785`|
|||`56,568`|
|||`18,062`
`-`|
|||`18,062`
`116,006`|
|||`134,068`|
```
continued...
```
```
Page 12
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```
Hope for the Nations Childrens Charity
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 July 2025`**
## **`10. TANGIBLE FIXED ASSETS`**
|**`COST`**
`At 1 August 2024`
`Disposals`
`At 31 July 2025`
**`DEPRECIATION`**
`At 1 August 2024`
`Eliminated on disposal`
`At 31 July 2025`
**`NET BOOK VALUE`**
`At 31 July 2025`
`At 31 July 2024`
**`11.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Gift Aid recoverable`
`Amount due from Hftn Shop Ltd`
`Due from Hftn Shop (H & V) Ltd`|`31.7.25`
`£`
`271`
`94,819`
`21,274`
`116,364`|`Fixtures`
`and`
`fittings`
`£`
`1,868`
`(1,868)`
`-`
`1,280`
`(1,280)`
`-`
`-`
`588`
`31.7.24`
`£`
`235`
`102,482`
`2,245`
`104,962`|
|---|---|---|
```
continued...
```
```
Page 13
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Hope for the Nations Childrens Charity
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## **`Notes to the Financial Statements - continued for the Year Ended 31 July 2025`**
## **`12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
|`Accruals and deferred income`
**`13.`**
**`MOVEMENT IN FUNDS`**
**`Unrestricted funds`**
`General fund`
`HFTN shop- designated`
`HFTN Shop (H & V) Ltd-designated`
**`Restricted funds`**
`Soweto School Feeding fund`
`Malawi`
`India`
`Bungoma`
`Elim-Turkana`
`Mukwa`
`Romania`
`Soweto-New Hope Centre`
`Kenya Education`
`Kolongo Widows & School`
`Kilowatt Swap`
`Ahava`
`Gulugufe`
`Mukwa Widows Solar Project`
**`TOTAL FUNDS`**|`Net`
`movement`
`At 1.8.24`
`in funds`
`£`
`£`
`10,033`
`(4,764)`
`106,565`
`15,477`
`2,245`
`19,029`
`118,843`
`29,742`
`15`
`64`
`2,446`
`1,566`
`453`
`(3,996)`
`-`
`(1,729)`
`-`
`(1,015)`
`-`
`(1,051)`
`113`
`600`
`998`
`1,943`
`2,509`
`(4,415)`
`-`
`(92)`
`4,738`
`3,716`
`2,930`
`1,800`
`523`
`900`
`500`
`-`
`15,225`
`(1,709)`
`134,068`
`28,033`|`31.7.25`
`£`
`1,200`
`Transfers`
`between`
`funds`
`£`
`5,420`
`(23,140)`
`-`
`(17,720)`
`502`
`(155)`
`3,900`
`3,300`
`2,059`
`3,250`
`(60)`
`(470)`
`2,656`
`469`
`(710)`
`(181)`
`(90)`
`3,250`
`17,720`
`-`|`31.7.24`
`£`
`1,321`
`At`
`31.7.25`
`£`
`10,689`
`98,902`
`21,274`|
|---|---|---|---|
||||`130,865`
`581`
`3,857`
`357`
`1,571`
`1,044`
`2,199`
`653`
`2,471`
`750`
`377`
`7,744`
`4,549`
`1,333`
`3,750`|
||||`31,236`|
||||`162,101`|
```
continued...
```
```
Page 14
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```
Hope for the Nations Childrens Charity
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 July 2025`**
## **`13. MOVEMENT IN FUNDS - continued`**
```
Net movement in funds, included in the above are as follows:
```
||`Incoming`|`Resources`|`Movement`|
|---|---|---|---|
||`resources`|`expended`|`in funds`|
||`£`|`£`|`£`|
|**`Unrestricted funds`**||||
|`General fund`|`1,101`|`(5,865)`|`(4,764)`|
|`HFTN shop- designated`|`15,477`|`-`|`15,477`|
|`HFTN Shop (H & V) Ltd-designated`|`19,029`|`-`|`19,029`|
||`35,607`|`(5,865)`|`29,742`|
|**`Restricted funds`**||||
|`Soweto School Feeding fund`|`975`|`(911)`|`64`|
|`Malawi`|`1,566`|`-`|`1,566`|
|`India`|`-`|`(3,996)`|`(3,996)`|
|`Bungoma`|`-`|`(1,729)`|`(1,729)`|
|`Elim-Turkana`|`210`|`(1,225)`|`(1,015)`|
|`Mukwa`|`-`|`(1,051)`|`(1,051)`|
|`Romania`|`600`|`-`|`600`|
|`Soweto-New Hope Centre`|`11,190`|`(9,247)`|`1,943`|
|`Kenya Education`|`3,338`|`(7,753)`|`(4,415)`|
|`Kolongo Widows & School`|`520`|`(612)`|`(92)`|
|`Kilowatt Swap`|`7,096`|`(3,380)`|`3,716`|
|`Ahava`|`1,800`|`-`|`1,800`|
|`Gulugufe`|`900`|`-`|`900`|
||`28,195`|`(29,904)`|`(1,709)`|
|**`TOTAL FUNDS`**|`63,802`|`(35,769)`|`28,033`|
```
continued...
```
```
Page 15
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```
Hope for the Nations Childrens Charity
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 July 2025`**
## **`13. MOVEMENT IN FUNDS - continued`**
## **`Comparatives for movement in funds`**
|**`Unrestricted funds`**
`General fund`
`HFTN shop- designated`
`HFTN Shop (H & V) Ltd-designated`
**`Restricted funds`**
`Soweto School Feeding fund`
`Malawi`
`India`
`Bungoma`
`Elim-Turkana`
`Mukwa`
`Ol Kalo`
`Romania`
`Soweto-New Hope Centre`
`Kenya Education`
`Kolongo Widows & School`
`Kilowatt Swap`
`Ahava`
`Gulugufe`
`Mukwa Widows Solar Project`
**`TOTAL FUNDS`**|`Net`
`movement`
`At 1.8.23`
`in funds`
`£`
`£`
`22,150`
`(15,473)`
`83,691`
`36,304`
`1,729`
`516`
`107,570`
`21,347`
`127`
`(2,078)`
`276`
`2,202`
`271`
`(2,855)`
`31`
`(607)`
`100`
`(1,935)`
`71`
`(1,177)`
`41`
`(87)`
`92`
`47`
`1,638`
`(58)`
`2,640`
`(329)`
`111`
`(530)`
`1,203`
`3,918`
`1,713`
`449`
`122`
`(245)`
`-`
`-`
`8,436`
`(3,285)`
`116,006`
`18,062`|`Transfers`
`between`
`funds`
`£`
`3,356`
`(13,430)`
`-`
`(10,074)`
`1,966`
`(32)`
`3,037`
`576`
`1,835`
`1,106`
`46`
`(26)`
`(582)`
`198`
`419`
`(383)`
`768`
`646`
`500`
`10,074`
`-`|`At`
`31.7.24`
`£`
`10,033`
`106,565`
`2,245`|
|---|---|---|---|
||||`118,843`
`15`
`2,446`
`453`
`-`
`-`
`-`
`-`
`113`
`998`
`2,509`
`-`
`4,738`
`2,930`
`523`
`500`|
||||`15,225`|
||||`134,068`|
```
continued...
```
```
Page 16
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```
Hope for the Nations Childrens Charity
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 July 2025`**
## **`13. MOVEMENT IN FUNDS - continued`**
```
Comparative net movement in funds, included in the above are as follows:
```
||`Incoming`|`Resources`|`Movement`|
|---|---|---|---|
||`resources`|`expended`|`in funds`|
||`£`|`£`|`£`|
|**`Unrestricted funds`**||||
|`General fund`|`1,669`|`(17,142)`|`(15,473)`|
|`HFTN shop- designated`|`36,304`|`-`|`36,304`|
|`HFTN Shop (H & V) Ltd-designated`|`516`|`-`|`516`|
||`38,489`|`(17,142)`|`21,347`|
|**`Restricted funds`**||||
|`Soweto School Feeding fund`|`1,325`|`(3,403)`|`(2,078)`|
|`Malawi`|`3,151`|`(949)`|`2,202`|
|`India`|`-`|`(2,855)`|`(2,855)`|
|`Bungoma`|`-`|`(607)`|`(607)`|
|`Elim-Turkana`|`165`|`(2,100)`|`(1,935)`|
|`Mukwa`|`-`|`(1,177)`|`(1,177)`|
|`Ol Kalo`|`813`|`(900)`|`(87)`|
|`Romania`|`575`|`(528)`|`47`|
|`Soweto-New Hope Centre`|`10,335`|`(10,393)`|`(58)`|
|`Kenya Education`|`8,004`|`(8,333)`|`(329)`|
|`Kolongo Widows & School`|`440`|`(970)`|`(530)`|
|`Kilowatt Swap`|`8,273`|`(4,355)`|`3,918`|
|`Ahava`|`2,160`|`(1,711)`|`449`|
|`Gulugufe`|`900`|`(1,145)`|`(245)`|
||`36,141`|`(39,426)`|`(3,285)`|
|**`TOTAL FUNDS`**|`74,630`|`(56,568)`|`18,062`|
## **`Unrestricted Funds:`**
```
HFTN Shop fund -designated fund for income from the charity shop in Peterborough.
```
```
HFTN Shop (H & V) Ltd fund- designated fund for income from the charity shop in Ramsey.
```
## **`Restricted Funds:`**
```
India - People of the Way-Children's Ministry in India.
```
```
Malawi-HopeVillageMalawi,a projectofHFTNMalawi,incorporatingChildren'sHomes,DayCareCentre, Clinic,
CommunityDevelopment,BabyCentre,FamineRelief,MicroEnterpriseProjects.MissionarySupportfunds are
also sent here.
```
```
Bungoma- Hope Transformation Centre- Community Development Project.
Mukwa- Mukwa Widows Support, Kenya.
```
```
Ol Kalo- Restricted fund for Ol Kalo, Kenya- Village Borehole Project.
Romania- Firm Foundations, Romania- providing medical care to vulnerable children.
```
```
Soweto-New Hope Centre- New Hope Centre, Swaziland- orphanage.
```
```
Soweto- incorporates Hope and Bright Future School & Baby Feeding Project.
```
```
KolongoloWidowsandSchool-forthesupportofwidowswithfoodsupplementsandagriculturaltraining and
materialsandforthesupportofa feedingprogrammeforchildrenattendingKolongoloSchool.Bothprojects are
located in Kolongolo, West Kenya.
```
```
continued...
```
```
Page 17
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```
Hope for the Nations Childrens Charity
```
## **`Notes to the Financial Statements - continued for the Year Ended 31 July 2025`**
## **`13. MOVEMENT IN FUNDS - continued`**
```
Kenya Education-for the fundingof secondaryand furthereducationfor selected vulnerablechildrenfrom various
Hope for the Nations partnered projects in Kenya.
```
```
KwattSwap-recordsthefundingreceivedandpaidoutinrespectoftheKilowattSwapcampaign.KwattSwapis a
workingname for Hope for the NationsinCharityCommissionrecords and is a fundraisingtool for the purchase of
renewableenergy productswhich are sent to vulnerablepeople,hospitalsand schoolsin the developing world.We
askpeopletoreducetheamountofdirtyenergytheyuseanddonatethemonetaryvalueoftheirsaving to
purchase clean energy kits for those in need.
```
```
Ahava- Ahava Ministries - Providing a clinic, health, hygiene and nutrition education, agricultural projects.
Gulugufe-Gulugufe Malawi - Permaculture training and community development.
```
## **`14. OTHER FINANCIAL COMMITMENTS`**
## **`Operating lease commitments`**
```
ThecharityhassignedaleaserelatingtoshoppremisesinPeterborough,inrespectofHftnShopLtd.At the
balancesheetdate,thecharityhadthefollowingfutureminimumleasepaymentsunder non-cancellable
operating leases for each of the following periods:
```
||`2025`|`2024`|
|---|---|---|
||`£`|`£`|
|`Due within one year`|`9,600`|`9,600`|
|`Due between one and five years`|`37,600`|`38,400`|
|`Due after more than five years`|`-`|`8.800`|
## **`15. RELATED PARTY DISCLOSURES`**
## **`Key management personnel remuneration`**
```
No remuneration was paid to key management personnel in either 2024 or 2025.
```
## **`Related party transactions`**
```
Onetrustee,WillSymons,is alsoa trusteeofNehemiahConstruction.A fullprovisionwasmadeagainstthe debt
of£30,000duefromNehemiahConstructioninthe2017accounts,reducedbyrepaymentstotalling£2,000 in
subsequent years.The balance of £28,000 outstanding at 31 July 2025 has been gifted to Nehemiah Construction.
```
```
LDennisasCEOuntil31December2024isconsideredtobearelatedparty.Duringtheperiodhe received
expenses of £1,000 for Use of Home as Office (2024: £2,400) and a companyof which he and his wife are directors,
Bright River Ltd, received £423 in fundraising commission payments from the Charity (2024:£36).
```
```
BrandgelizeLtd,acompanyofwhichYIkennaisadirector,receivedpaymentsof£2,363inrespectof branding
payments for the period 1 August 2024 to her date of resignation on 31 March 2025 (2024: £2,800).
```
```
Asdisclosedinnote11,Debtors,£94,819(2024:£102,482)wasowedbyHftnShopLtdand£21,274 (2024:
£2,245)wasowedbyHftnShop(H&V)Ltd.Twoofthetrusteesofthecharity,WRSymonsandKGrover, are
directors of both of these companies.
```
```
Page 18
```
```
Hope for the Nations Childrens Charity
```
|**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`Gift aid`
**`Investment income`**
`Deposit account interest`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Raising donations and legacies`**
`Fundraising and publicity`
**`Charitable activities`**
`Project costs and sponsorship`
**`Support costs`**
**`Management`**
`Rates and water`
`Telephone`
`Postage and stationery`
`Sundries`
`Motor and travel`
`Loss on disposal -fixed assets`
`IT and computer costs`
`Branding costs`
`Fixtures and fittings`
`Bank interest & charges`
**`Governance costs`**
`Accountancy fees`
`Trustees' meeting expenses`
`Total resources expended`
**`Net income`**|**`Detailed Statement of Financial Activities`**
**`for the Year Ended 31 July 2025`**
`31.7.25`
`31.7.24`
`£`
`£`
`60,356`
`70,402`
`3,365`
`4,154`
`63,721`
`74,556`
`81`
`74`
`63,802`
`74,630`
`1,023`
`783`
`26,523`
`41,137`
`1,000`
`2,400`
`-`
`131`
`-`
`702`
`96`
`72`
`-`
`4,370`
`588`
`-`
`950`
`810`
`2,723`
`2,800`
`-`
`65`
`596`
`966`
`5,953`
`12,316`
`2,040`
`1,440`
`230`
`892`
`2,270`
`2,332`
`35,769`
`56,568`
`28,033`
`18,062`|**`Detailed Statement of Financial Activities`**
**`for the Year Ended 31 July 2025`**
`31.7.25`
`31.7.24`
`£`
`£`
`60,356`
`70,402`
`3,365`
`4,154`
`63,721`
`74,556`
`81`
`74`
`63,802`
`74,630`
`1,023`
`783`
`26,523`
`41,137`
`1,000`
`2,400`
`-`
`131`
`-`
`702`
`96`
`72`
`-`
`4,370`
`588`
`-`
`950`
`810`
`2,723`
`2,800`
`-`
`65`
`596`
`966`
`5,953`
`12,316`
`2,040`
`1,440`
`230`
`892`
`2,270`
`2,332`
`35,769`
`56,568`
`28,033`
`18,062`|
|---|---|---|
||||
|||`74,556`
`74`|
|||`74,630`
`783`
`41,137`
`2,400`
`131`
`702`
`72`
`4,370`
`-`
`810`
`2,800`
`65`
`966`|
|||`12,316`
`1,440`
`892`|
|||`2,332`|
|||`56,568`|
|||`18,062`|
```
This page does not form part of the statutory financial statements
```
```
Page 19
```