REGISTERED NUMBER 4779182 (ENGLAND & WALES) REGISTERED CHARITY NUMBER 1121326
HOPE 4 KIDZ
REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 May 2021
Bell Anderson Limited Chartered Accountant Lindum 264-266 Durham Road Gateshead Tyne and Wear NE8 4JR
HOPE 4 KIDZ
Report and accounts
Contents
| Page | |
|---|---|
| Statutory information | 1 |
| Report of the Trustees | 2 - 11 |
| Independent Examiner's Report | 12 |
| Statement of Financial Activities | 13 |
| Balance sheet | 14 |
| Notes to the Financial Statements | 15-23 |
HOPE 4 KIDZ Statutory Information
REGISTERED OFFICE
9 Bridge House Sunderland Tyne and Wear SR1 1TE
REGISTERED NUMBER
4779182 (ENGLAND & WALES)
REGISTERED CHARITY NUMBER
1121236
TRUSTEES
Mrs Suzanne Brown CERT ED Mr David Glover LLB (Hons) SCILT Mrs Sharon Downey Mrs Natalie Baldry Mr Darren Cliff
SECRETARY
Mrs Anneline Dowell
INDEPENDENT EXAMINER
Bell Anderson Limited Lindum 264-266 Durham Road Gateshead Tyne and Wear NE8 4JR
BANKERS
Barclays Bank PLC 53 Fawcett Street Sunderland Tyne and Wear SR1 1RS
Registered number: Trustees' Report
4779182 (ENGLAND & WALES)
HOPE 4 KIDZ
The Trustees of Hope 4 Kidz present their report and accounts for the year ended 31 May 2021. The Trustees are also Directors of the Charity for the purposes of the Companies Act 2006. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) that applies the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
OBJECTS OF THE CHARITY
Hope 4 Kidz is a national charity which was established in May 2007 for the benefit of children and young people suffering from a physical or mental disability and in particular but not exclusively, the relief of sickness, the relief of poverty and the advancement of education for children and young people.
The mission of Hope 4 Kidz is to give hope to those children and young people whose lives are affected by illness, poverty or disability and by giving support in such a manner as is needed by their situation.
STRUCTURE, GOVERNANCE AND MANAGEMENT
GOVERNING DOCUMENT
Hope 4 Kidz is a registered charity (number: 1121326) and a company limited by guarantee, governed by its Memorandum and Articles of Association, as defined by the Companies Act 2006, this provides for a minimum of 3 and a maximum of 12 Trustees. The Board currently consists of 5 Trustees who manage the business of Hope 4 Kidz. Overall responsibility for the smooth running of the charity rests with the Board of Trustees which makes all major financial and policy decisions. Implications of these decisions are delegated to the Chief Executive who works closely with the Chair of Trustees.
RECRUITMENT AND APPOINTMENT OF NEW TRUSTEES
RELATED PARTIES
None of the Trustees were paid any remuneration or expenses in the financial year 2020/21.
The Board has no related parties.
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.
In the opinion of the Trustees there are adequate internal controls in place to cover any significant risks to the Charity. They will, however, continue to monitor and review the risk assessment process on an ongoing basis. The Charity will report no serious incidents to the Charity Commission for this year. The Charity is aware of its responsibilities towards vulnerable beneficiaries and safeguarding policies are in place.
ACTIVITES AND ACHIEVEMENTS
This is the fourteenth financial year since the Charity was established and has given support for welfare, poverty, medical, community, bereavement, cancer awareness, sport and education. The Charity will continue to focus on these areas as well as equipment in the future.
During this period staff were on furlough, volunteers helped when lock downs were reduced or for essential beneficiary support. The Trustees, staff and volunteers would normally have been building a number of relationships and partnerships with donors, beneficiaries, sponsors, local authorities, commercial partnerships, licensing bodies, retail outlets, newspapers, local radio stations and event venues. All face-toface fundraising ceased the end of February 2020, as well as fundraising events and beneficiary events, which is what Hope 4 Kidz relies on for support for beneficiaries.
During the last year, fundraising appeals have had continued where possible; support from Morrisons, Sainsburys, Arriva, Lumley Castle Hotel, John Lewis, Illusions Club, Tesco, St James’s Wealth Management, Virgin Money, Santander, Hayes Travel, Computer Share, Roker Hotel, Grand Central Railways, The Big Lottery, The Shields Gazette and the Sunderland Echo. There are also other stores, supermarkets, shopping centres, railway companies, departmental stores and other organisations who support the charity on an ongoing basis. The Easter Eggs from the Easter Appeal 2020 remained in Storage at stores and business. It was arranged for the stored eggs to be picked up in June 2020 via a local van company with PPE compliance. This reduced the risk in the spread of infection to Volunteers.
The charity received funds of £9,775 entered in donations in May 2020 from the National Lottery Community Fund for 'Supporting Local Kidz Through COVID19'. Additional support was added through the Easter Appeal via the Sunderland Echo/Shields Gazette with 1559 Easter Eggs collected to a value of £4,324. A total 800 boxes with Activity Packs, food and 1 Easter Egg were distributed to local families through 40 organisations ranging from requests of 10 boxes to over 100. The balance of 759 Easter Eggs was distributed to Sunderland Royal Hospital and South Tyneside Hospitals Children's A&E Department. 5 Tablets were given to Sunderland Royal Hospital for the children’s ward and 5 to Academy 360. The total value of distribution was £14,299. A Full list of beneficiaries are listed in the accounts.
Having held successful Selection Box and Toy Appeals, Hope 4 Kidz was chosen by the Sunderland Echo and the South Shields Gazette to be the future beneficiary of the Selection Box and New Toy Appeal as well as the Easter Appeal for the forth coming year.
The fourteenth Christmas Party (2020) for children with special needs was to be held at the new Trilogy Club, Sunderland with over 250 children and parents pre-booked to attend. Due to Lockdown through the Coronavirus the party was postponed until December 2021.
The Sunderland Echo and Shields Gazette launched our Christmas Toy and Selection Box Appeal 2020 for their readers to donate gifts, selection boxes and toys for special needs children and families and the homeless within shops and businesses around the Northeast. The appeal was to support those who may not have been able to afford or shop through suffering the effects of the Pandemic. An appeal was made with the help of Volunteers to various companies and stores who were still operational. Although lesser restrictions were in place, the gifts were collected and distributed within the PPE rules. The gifts, toys and selection boxes were delivered to special needs units, hospitals, refuges, hospice, homeless and children's services. In total 5279 children and families received gifts with a value of £31,290.
The Charity's media and PR partner, Sorted PR has been invaluable with their expertise in presenting the various appeals and events to all forms of media through COVID. Sorted PR provided their expertise pro bono. We are also indebted to the volunteers who regularly raise funds for Hope 4 Kidz.
This year the charity provided funds or gifts to the following:
| Poverty £13,730 | beneficiaries 1679 |
|---|---|
| Education £969 | beneficiaries 10 |
| Medical £7,765 | beneficiaries 4 |
| Welfare £52,188 | beneficiaries 6839 |
| Bereavement £60 | beneficiaries 1 |
| Sport £2,588 | beneficiaries 2 |
Since receiving the Grant given against the Business Rates from the Government, the charity has been running on reserves. We have, however have had funds to support projects or appeals. This has been achievable with the invaluable support of the Volunteers.
On a note, charities still had to pay 20% Business Rates through COVID as they are not exempt as other businesses are for Free Business Rates. Nor did we receive any other grants for the support of Core Funding. It was through lobbying MP's that Rachel Macaskill phoned Viv Watts (CE) about the unfairness of the Rates Grant that she took up the cause with 2 Baronesses. They brought this to the attention at the Lord's Debate who then had questions in support of charities receiving the Business Rates Grant. The plight of charities was then raised at the Prime Ministers' Question Time in Parliament and within days the Business Rates Grants was paid to charities. The Pandemic has left a lot of the smaller charities struggling with a huge loss of revenue like Hope 4 Kidz. Charities are still trying to recover and need support the same as all the other businesses, as charities are expected to be a business model.
In the financial year ending 31 May 2021, the Trustees have given grants to children and young people with special needs and special needs organisations in the areas of welfare, poverty, medical, community, bereavement, sport and education.
FOR THE PUBLIC BENEFIT
The Trustees have had regard to the Charity Commission’s guidance on their legal duty for the public benefit, and due regard is paid to the guidance on public benefit when deciding on what new projects the charity should undertake as set out in Section 4 of the Charities Act of 2006.
FINANCIAL REVIEW, POLICY AND RESERVES
The attached financial statements have been prepared to comply with the requirements of the Statement of Recommended Practice (the SORPS) issued in March 2005.
Total incoming resources of £96,201 (2020: £134,632) are for the fourteenth year of the Charity.
Expenditure on welfare, poverty, medical, community, sport and education and volunteers were £77,412.
Hope 4 Kidz is committed to the following:
raising adequate unrestricted funds, which will enable it to fulfil the need of a disadvantaged child within 6 months of a request being received.
continuing to broaden the fund mix, which will increase its voluntary income and enable it to reduce the waiting time to within 3 months of a request being made.
Each year Hope 4 Kidz aims to build a reserve equivalent to a minimum of six months expenditure. This is our fourteenth full year since registration as a charity. The Trustees agreed to suspend building the reserves as they may be required through the Pandemic for the benefit of children and young people disadvantaged by illness, poverty, disability and extreme circumstances as there is uncertainty as to how long the Lockdowns will last.
The Charity in 2020 had gross income of £134,632, this year the gross income is £96,201 which has resulted in a further loss of income of £38,431.
Since the start of the Pandemic our combined loss of income over 2 years is £177,495. We have continued support for children and young people disadvantaged by illness, poverty, disability and extreme circumstances where possible using reserves and incoming donations. The reduction is due to the temporary closure of the office due to the Pandemic resulting in the cancellation of all street licenses, instore collections and fundraising events.
On the upside 2021 beneficiary value is £77,271 against £47,683 in 2020 an increase of £29,588. The beneficiaries for 2020 were 6871 against 8536 an increase of 1665 beneficiaries.
The Trustees are mindful of the need to have adequate reserves and having reviewed the financial situation have made adequate provision for the coming financial year.
PRINCIPAL FUNDING SOURCES
The Charity will continue to rely on voluntary donations, street and door to door collections, in-store collections, commercial partnerships, and organised events as well as look to other forms of fundraising to increase the level of income. In the coming year we are looking into projects involving local communities. We are also researching new funding streams to support the projects.
Since the inception of Hope 4 Kidz in 2007, we have supported over 74,090 special needs children and young people, this does not take into account single donations given to groups.
EMPOLYEES AND VOLUNTEERS
There were 3 full-time staff, 1 member left during COVID and the other is on Maternity leave. Each member of staff undertakes more than one area of activity and costs are apportioned on the basis of an estimate of the proportion of time spent by staff on those activities. The allocation has been based on the Trustees judgement as to the nature of the expenditure and the level of activity carried out in each area.
In addition, the Charity is supported by 25 Volunteers in the area of fundraising who receive no remuneration. The value of this support has not been included in these financial statements. The Charity only recompenses authorised travel expenses.
The Trustees would like to thank the staff, volunteers and supporters for their hard work during the year.
FUTURE PLANS
The Trustees intend to develop the support shown in the fourteenth year. The Trustees also intend to continue to raise funds in support of their objectives in the same manner in the future.
The Sunderland Echo has agreed to continue the partnership with the Charity for the Christmas Appeal 2021 and Easter Appeal 2022.
The staff are gaining more experience in bid writing.
TRUSTEES
The following persons served as Trustees/Directors during the year:
Mrs Suzanne Brown CERT ED Mr David Glover LLB (Hons) SCILT Mrs Sharon Downey Mrs Natalie Baldry Mr Darren Cliff Mrs Anneline Dowell Secretary
STATEMENT OF TRUSTEES RESPONSIBILITIES
The Trustees are responsible for preparing the report and accounts in accordance with applicable law and regulations.
Charity Law requires the Trustees (who are also Directors of Hope 4 Kidz Limited for the purposes of company law) to prepare accounts for each financial year. Under that law the Trustees have elected to prepare the accounts in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard); and the requirements of their Statement of Recommended Practice (SORP), Accounting and Reporting by Charities. Under company law the Trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the Trustees are required to:
select suitable accounting policies and then apply them consistently;
state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements in the methods and principles in the Charities SORP.
make judgements and estimates that are reasonable and prudent;
prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
DISCLOSURE OF INFORMATION TO INDEPENDENT EXAMINER
Each person who was a Trustee at the time this report was approved confirms that:
so far as they are aware, there is no relevant information of which the company's independent examiner is unaware; and They have taken all the steps that they ought to have taken as a Trustee/Director in order to make themself aware of any relevant information and to establish that the company's independent examiner is aware of that information.
Third party indemnity provisions
INDEPENDENT EXAMINER
The Trustees re-appointed Bell Anderson Charted Accountants and intend to ask them to undertake the independent examination of the Charity accounts in the following year.
SMALL COMPANY PROVISIONS
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies’ regime.
This report was approved by the board on 16 May 2022 and signed by its order.
Mr David Glover LLB (Hons) SCILT
HOPE 4 KIDZ
THE INDEPENDENT EXAMINER'S REPORT OF HOPE 4 KIDZ
I report on the accounts for the year ending 31 May 2021 set out in pages nine to seventeen.
THE RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The Charity’s Trustees (who are Directors for the purposes of company law) are responsible for the preparation of the accounts. The Charity’s Trustees consider that an audit in not required (under Section 144(2) of the Charities Act 2011 (the Act 2011) and that an independent examination is required.
Having satisfied myself that the Charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
examine accounts under Section 145 of the 2011 Act
to follow the procedure laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act
to state whether any anomalies or particular matters have come to my attention
BASIS OF THE INDEPENDENT EXAMINER'S REPORT
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. Also included for consideration any anomalies or disclosures in the accounts, and asking for evidence that would be required in an audit, consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINER'S STATEMENT
In connection with my explanation, there were no matters arising (no matter has come to my attention)
1: which gives me reasonable cause to believe that, in any material respect the requirements
to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006
to prepare accounts which agree with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the method and principles of the Statement of Practice: Accounting and Reporting by Charities.
have not been met; or
2: to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
M B Anderson BA(Hons) BFP FCA Chartered Accountant
Lindum 264-266 Durham Road Gateshead Tyne and Wear NE8 4JR
16 May 2022
HOPE 4 KIDZ
Statement of financial activities for the year ended 31 May 2021
| Notes 2021 £ INCOMING RESOURCES Incoming resources from generated funds Voluntary income 3 - Donations 3 96,198 Activities for generating funds 4 - Bank interest 5 2 Total incoming resources 96,200 RESOURCES EXPENDED Costs of generating Voluntary income 6 77,413 77,413 Net incoming (outgoing) resources available for charitable application Charitable activities Governance costs 9 41,794 TOTAL RESOURCES EXPENDED 41,794 NET INCOMING (OUTGOING) RESOURCES 10 (23,007) Taxation on ordinary activities - RECONCILIATION OF FUNDS Total funds brought forward 17 66,463 TOTAL FUNDS CARRIED FORWARD 17 43,456 |
2020 £ 14,773 102,280 17,555 24 |
|---|---|
| 134,632 | |
| 66,363 | |
| 66,363 | |
| 67,064 | |
| 67,064 | |
| 1,205 - 34,404 |
|
| 35,609 |
CONTINUING OPERATIONS
All incoming resources and resources expended arise from continuing activities.
| HOPE 4 KIDZ Registered number: Balance Sheet as at 31 May 2021 Notes FIXED ASSETS Tangible assets 14 CURRENT ASSETS Cash at bank and in hand Creditors: amounts falling due within one year 15 NET CURRENT ASSETS Total assets less current liabilities Creditors: amounts falling due after more than one year 16 NET ASSETS THE FUNDS OF THE CHARITY Unrestricted 17 Restricted 17 TOTAL CHARITY FUNDS |
4779182 (ENGLAND & WALES) 2021 £ 1,260 47,195 64,783 1 - 47,196 48,456 (5,000) 43,456 14,562 28,894 43,456 |
4779182 (ENGLAND & WALES) 2021 £ 1,260 47,195 64,783 1 - 47,196 48,456 (5,000) 43,456 14,562 28,894 43,456 |
2020 £ 1,680 64,783 |
|---|---|---|---|
| 66,463 - |
|||
| 66,463 | |||
| 29,735 36,728 |
|||
| 66,463 |
The Trustees/Directors are satisfied that the charitable company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The Trustees/Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements have been prepared and delivered in accordance with the special provisions applicable to charitable companies subject to the small charitable companies regime.
HOPE 4 KIDZ
Notes to the Accounts for the year ended 31 May 2021
1 ACCOUNTING POLICIES
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard); and the requirements of the Statement of Recommended Practice (SORP), Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources Expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the resources expended. Where costs cannot be directly attributed to a particular headings they have been allocated to the activities on a basis consistent with the use of the resources.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer equipment 25%
Taxation
The charity is exempt from Corporation Tax on its charitable activities.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Fund Accounting
Restricted funds are to be used for the specific purpose as stated by the donor.
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees.
Restricted funds can only be used for particular purposes within the objects of the Charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Audit information
The audit report is unqualified.
Senior statutory auditor: M B Anderson Firm: Bell Anderson Limited Date of audit report: 16 May 2022
HOPE 4 KIDZ
Notes to the Accounts for the year ended 31 May 2021
1 ACCOUNTING POLICIES
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard); and the requirements of the Statement of Recommended Practice (SORP), Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources Expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the resources expended. Where costs cannot be directly attributed to a particular headings they have been allocated to the activities on a basis consistent with the use of the resources.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer equipment 25%
Taxation
The charity is exempt from Corporation Tax on its charitable activities.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Fund Accounting
Restricted funds are to be used for the specific purpose as stated by the donor.
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees.
Restricted funds can only be used for particular purposes within the objects of the Charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
HOPE 4 KIDZ
Notes to the Accounts for the year ended 31 May 2021
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Audit information
The audit report is unqualified.
Senior statutory auditor: M B Anderson Firm: Bell Anderson Limited Date of audit report: 16 May 2022
3 VOLUNTARY INCOME
| VOLUNTARY INCOME Street Collections / Door to door Donations |
2021 £ 0 96,198 96,198 |
2020 £ 14,773 102,280 |
|---|---|---|
| 117,053 |
4 ACTIVITIES FOR GENERATING FUNDS
| ACTIVITIES FOR GENERATING FUNDS Fundraising events INVESTMENT INCOME Bank Interest |
2021 £ 0 - 2021 £ 2 2 |
2020 £ 17,555 |
|---|---|---|
| 17,555 | ||
| 2020 £ 24 24 |
5 INVESTMENT INCOME
HOPE 4 KIDZ
Notes to the Accounts
for the year ended 31 May 2021
| 6 COSTS OF GENERATING VOLUNTARY INCOME Fundraising costs Event costs Beneficiary costs 7 BREAKDOWN OF COSTS OF CHARITABLE ACTIVITIES Grant funding Direct costs of activities £ Community - Education 969 Medical 7,765 Poverty 13,730 Sport 2,558 Volunteers 142 Bereavement 60 Welfare 52,188 77,412 |
2021 £ 142 0 77,271 77,413 2021 £ Total £ - 969 7,765 13,730 2,558 142 60 52,188 77,412 |
2020 £ 7,533 11,147 47,683 |
|---|---|---|
| 66,363 | ||
| 2020 £ Total £ 5,228 - 7,013 3,397 1,025 7,002 - 29,415 |
||
| 53,080 |
2021 £
HOPE 4 KIDZ
Notes to the Accounts for the year ended 31 May 2021
8 GRANTS PAYABLE
| Hope 4 Kidz Supporting Kidz through | ||
|---|---|---|
| Covid 19 Supported by the National | ||
| Lottery Community Fund and the | ||
| Sunderland Echo / Shields Gazette | ||
| Easter Appeal 2020 with Food Boxes, | Poverty | |
| Easter Eggs and Activity Packs (1egg or | Educational | |
| activity pack as well as food ) | Medical | 13130 |
| Places for People | Poverty | |
| Pennywell Food Bank | Poverty | |
| Contact & Referal TFC | Poverty | |
| Young Carers | Poverty | |
| YMCA | Poverty | |
| Hendon Children's Centre | Poverty | |
| More Than Grandparents | Poverty | |
| SNYP | Poverty | |
| Durham Womens Refuge | Poverty | |
| Child Protection Team North | Poverty | |
| Peace of Mind | Poverty | |
| North Tyneside Womens Refuge | Poverty | |
| Sunderland Area Parents Support | Poverty | |
| Young Womens Outreach | Poverty | |
| B2B | Poverty | |
| South Tyneside Womens Refuge | Poverty | |
| Hope Spring | Poverty | |
| Sunderland Royal Hospital eggs and | ||
| activity packs | Poverty | |
| South Tyneside Hospital eggs and | ||
| activity packs | Poverty | |
| Sunderland Royal Hospital Tablets | ||
| chidren's wards | Educational | 484.73 |
| Academy 360 tablets | Educational | 484.73 |
| Hope Springs Food Bank | Poverty | 250 |
| Pennywell Community food bank | Poverty | 100 |
| Fodi foodbank | Poverty | 100 |
| Cllr Pam Mann food bank | Poverty | 150 |
| Hope 4 kidz Butterwick Hospice PPE | Medical | 78 |
| Hope 4 Kidz Christmas Appeal 2020 | Welfare | 31290 |
| Hope 4 Kidz East End Florist for | ||
| Bereaved family | Bereavement | 60 |
| Hope 4 Kidz Easter Appeal 2020 | Welfare | 4324.48 |
| Hope 4 Kidz Easter Appeal 2021 | Welfare | 9250.89 |
| Ambers Law Velocity Football Club | Sport | 348.09 |
| Ambers Law Sian Parker | Welfare | 30 |
| Ambers Law Memory Walk | Sport | 310 |
| Ambers Law Memory Walk Freeman | ||
| Hospital | Medical | 5000 |
| Ambers Law Courtney Parker Spire Hospital Medical Ambers Law Miles For Men Welfare Ambers Law Greatham FC Sport Ambers Law Westend Under 9's Sport Ambers Law Beneficiary Welfare Ambers Law Community Awareness Welfare Ambers Law Darcey's Dream Medical Ambers Law Catherine Atkinson Oncology Training Medical Ambers Law Catherine Atkinson specialist bed for Cancer Patients Medical Ambers Law Kiaran McDonald Sport Ambers Law Miles For Men Family Caravan Project Welfare Justgiving Welfare |
212.25 3065.6 300 400 617.42 393.6 800 750 925 1200 3000 216 77,271 |
|---|---|
HOPE 4 KIDZ
| Notes to the Accounts for the year ended 31 May 2021 9 GOVERNANCE COSTS Accountancy fees Advertising Bank charges (PDQ) Depreciation Equipment lease Insurance Light and heat Office move Printing, postage and stationery Professional fees Rates Rent Repairs and renewals Staff costs Sundries Telephone Computers and software Website 10 NET INCOMING (OUTGOING) RESOURCES Net resources are stated after charging / crediting Depreciation - owned assets |
2021 £ 1,244 - 340 420 473 788 227 - 688 - 656 4,104 - 30,349 - 1,933 92 480 41,794 2021 £ 420 420 |
2020 £ 360 - 587 558 897 929 578 112 682 13 599 4,109 - 55,452 116 1,554 118 400 |
|---|---|---|
| 67,064 | ||
| 2020 £ 558 |
||
| 558 |
HOPE 4 KIDZ
Notes to the Accounts
for the year ended 31 May 2021
| 11 EMPLOYEES Average number of persons employed by the company 12 STAFF COSTS Wages, salaries, apprenticeship wage, and Social Security costs No employees earned more than £60,000 during the year |
2021 Number 3 2021 £ 30,349 - |
2020 Number 3 |
|---|---|---|
| 2020 £ 55,452 |
||
| - | ||
13 TRUSTEES REMUNERATION AND BENEFITS
There were no Trustees' remunerations or other benefits for the year ending 31 May 2021
There were no Trustees' expenses paid for the year ending 31 May 2021
14 TANGIBLE FIXED ASSETS
| Cost At 1 June 2020 At 31 May 2021 Depreciation At 1 June 2020 Charge for the year At 31 May 2021 Net book value At 31 May 2021 At 31 May 2020 |
Plant and machinery etc £ 3,245 |
|---|---|
| 3,245 | |
| 1,565 420 |
|
| 1,985 | |
| 1,260 1,680 |
HOPE 4 KIDZ
Notes to the Accounts
for the year ended 31 May 2021
| 15 Creditors: amounts falling due within one year Other creditors 16 Creditors: amounts falling due after one year Other creditors |
2021 £ (1) 2021 £ 5,000 |
2020 £ - |
|---|---|---|
| 2020 £ - |
HOPE 4 KIDZ
Notes to the Accounts
17 MOVEMENT IN FUNDS
| Unrestricted funds General Events Kilimanjaro High Interest Cash Fixed assets Restricted Ambers Law TOTAL FUNDS |
2020 £ 2,432 1,281 20,116 4,168 56 28,053 1,680 29,733 36,728 66,461 |
Net movement in funds £ 1,602 (212) (11090) 2 (56) (9,754) (420) (10,174) (7834) (18,008) |
2021 £ 4,034 1,069 9,026 4,170 - |
|---|---|---|---|
| 18,299 | |||
| 1,260 | |||
| 19,559 28,894 |
|||
| 48,453 |
Net movement in funds, included in the above are as follows:
| Unrestricted funds General Events Kilimanjaro High Interest Cash Fixed assets Restricted Ambers Law TOTAL FUNDS |
Balance at 1 June 2020 £ 2,432 1,281 20,116 4,168 56 28,053 1,680 29,733 36,728 66,461 |
2021 Incoming resources £ 39,262 16,461 1,641 2 57,366 - 57,366 11,459 68,825 |
2021 Resources Expended £ (37,660) (16,672) (12,732) (56) (67,120) (420) (67,540) (19293) (86,833) |
Balance at 31 May 2021 £ 4,034 1,070 9,025 4,170 - |
|---|---|---|---|---|
| 18,299 | ||||
| 1,260 | ||||
| 19,559 28,894 48,453 |
HOPE 4 KIDZ
Notes to the Accounts
for the year ended 31 May 2021
18 OTHER INFORMATION
HOPE 4 KIDZ is a private company limited by guarantee and incorporated in England. Its registered office is:
9 Bridge House Sunderland Tyne and Wear SR1 1TE
HOPE 4 KIDZ
Notes to the Accounts
for the year ended 31 May 2021
This schedule does not form part of the statutory accounts
| INCOME Street collections/Door to Door Donations Events Bank interest EXPENDITURE Employee costs: Wages and salaries Premises costs: Rent & rates Rates Light and heat Office move General administrative expenses: Events Fundraising costs Telephone and fax Printing, postage, eBay and stationery Website Bank charges Insurance Equipment lease Computers and software Depreciation Beneficiary Sundry expenses Legal and professional costs: Accountancy Legal and professional NET INCOME OVER EXPENDITURE |
2021 £ - 96,198 - 2 96,200 |
2020 £ 14,773 102,280 17,555 24 |
|---|---|---|
| 134,632 | ||
| 30,349 30,349 4,104 656 227 - 4,987 - 142 1,933 688 480 340 788 473 92 420 77,271 - 82,627 1,244 - |
55,452 | |
| 55,452 | ||
| 4,109 599 578 112 |
||
| 5,398 | ||
| 11,147 7,533 1,554 682 400 587 929 897 118 558 47,683 116 |
||
| 72,204 | ||
| 360 13 |
||
| 1,244 119,207 |
373 | |
| 133,427 | ||
| (23,007) | 1,205 |