2023-04-05-accounts - Hope Through Action

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Registered Number: 06552033 (England and Wales)

HOPE THROUGH ACTION (A Company Limited by Guarantee)

REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2023

HOPE THROUGH ACTION (A Company Limited by Guarantee)

Index to Financial Statements For the Year Ended 5 April 2023

	Page
Company Information	1
Trustees’ Report	2 - 4
Independent Examiner’s Report	5
Statement of Financial Activities	6
Balance Sheet	7
Notes to the Accounts	8 - 13

HOPE THROUGH ACTION (A Company Limited by Guarantee)

Company Information For the Year Ended 5 April 2023

TRUSTEES:	P J Bland
	P R Thompson
	S Randall
	J H Erasmus
SECRETARY:	Oakwood Corporate Secretary Limited
REGISTERED OFFICE:	15 Grassfield Way
	Knutsford
	Cheshire
	WA16 9AF
CHARITY NUMBER:	1125698
REGISTERED NUMBER:	06552033
ACCOUNTANTS:	RSM UK Tax and Accounting Limited
	One City Place
	Queens Road
	Chester
	Cheshire
	CH1 3BQ
INDEPENDENT EXAMINER:	RSM UK Tax and Accounting Limited
	One City Place
	Queens Road
	Chester
	Cheshire
	CH1 3BQ
BANKERS:	CAF Bank Limited
	25 Kings Hill Avenue
	Kings Hill
	West Malling
	Kent
	ME19 4JQ

HOPE THROUGH ACTION (A Company Limited by Guarantee)

Trustees’ Report for the Year Ended 5 April 2023

The Trustees submit their report and unaudited financial statements for the year ended 5 April 2023.

Legal and administrative information set out on page 1 forms part of this report.

Trustees

The Trustees who served during the year and to the date of this report were:

P J Bland P R Thompson S Randall J H Erasmus

Structure, Governance and Management

The organisation is a charitable company limited by guarantee (06552033), incorporated on 1 April 2008 and registered as a charity (1125698) on 3 September 2008. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. The day to day running of the charity is managed by the trustees.

Recruitment and Appointment

The directors of the company are also charity trustees for the purposes of charity law. Trustees are appointed by a resolution of the trustees passed at a special meeting. The minimum number of trustees is 3. Trustees are skilled to carry out their duties and responsibilities. If, however, further training is required then it will be provided.

Principal Objectives and Activities of the Charity

The company’s objects and principal activities are:

Through advancing education, relieving poverty and sickness and preserving and protecting the good health of people in Africa (and in particular, but not exclusively, in South Africa).
Advancing in life and relieving the needs of young people by:
Providing an indoor stadium(s) and playing fields primarily (although not exclusively) to help enable young people in the area of benefit to break out of the cycle of poverty, ill health, crime, drug abuse and marginalisation.
The provision of other recreational and leisure time activities provided in the interests of social welfare, designed to improve their conditions of life.
Providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.

Public benefit

The trustees confirm that they have referred to the guidance contained in the charity commission’s general guidance in public benefit when reviewing the trust’s aims and objectives and in planning future activities and setting the grant making policy for the year.

Grant making policy

Grants will only be made from the funds of Hope Through Action (HTA) to organisations whose objectives align with those of HTA;
Occasionally it will be appropriate to make grants to individuals for specific project/activities. Any such grants will only be paid into recognised bank accounts and for defined purposes;
Grants will not be made to political parties or to individuals for political purposes;
Wherever possible feedback should be requested and provided from the recipient to demonstrate, evidentially, the outcomes achieved against those agreed prior to the grant being made.

HOPE THROUGH ACTION (A Company Limited by Guarantee)

Trustees’ Report for the Year Ended 5 April 2023

Achievements and Performance

In this period the charity has raised a total of £112,845 and has expenses amounting to £177,251, of which £166,433 was granted to the Hope Through Action Foundation (SA) a Section 21 company based in South Africa. A formal Memorandum of Understanding has been established between the charity and the foundation in South Africa. This South African based organisation is the legal owner of facilities built in order to achieve the objectives of the charity.

The grants made towards the work in South Africa have enabled significant progress to be made in bringing about positive change in the lives of young people and their community.

The foundation in South Africa now operates, either directly or via partners, three community sports centres, two schools and a Learning Development Centre. The communities in which the charity have the privilege of working are becoming increasingly violent and unsafe places for children and young people. The centres are safe havens for young people to develop and grow.

The charity is conscious of its responsibilities to protect the children and young people with whom the charity, and partners, work. The charity has therefore continued to review its safeguarding policies and procedures and those of its key partners.

The Trustees of the foundation in South Africa continue to work with SCORE (Sports Coaching Outreach) as a local partner to run the centres and deliver the six key programmes i.e. health, welfare, education, leadership, business development and sports excellence. Programmes in the centres are aimed at helping young people develop physically, emotionally, intellectually and spiritually.

The COVID pandemic created many challenges for the communities in which we work with an increase of isolation, anxiety, violence, and abuse. Many children and young people have lost a significant period of formal education. We have partnered with Western Cape Education and local NGOs to develop and implement the @HomeLearning Programme. This is designed to support learners both at school, and in their homes, through structured interventions by trained “interns”. The interns are young people who have completed their formal education but have not yet gone onto employment or further education. After taking the lead partner role in a pilot programme, the programme has now been extended across many communities in the Winelands of Western Cape.

Our centres and schools are now fully open after the pandemic and we continue to keep in touch with many vulnerable young people and their families.

The grants made from Hope Through Action have ensured that the objectives of the charity continue to be met.

There are both common and independent trustees in these two organisations to ensure appropriate governance and risk management.

The Trustees wish to recognise the contribution made by volunteers in helping to achieve the charities objectives.

Financial Review

There was net expenditure for the year of £64,406 (2022: £66,706 income) with retained funds of £12,324 (2022: £76,730) at the year end. The net income decreased in the year due to decreased donations received however there was also an increase in expenditure as due to the Covid-19 pandemic halting any trips to visit South Africa over the last two years, there was a tail off of planned expenditure resulting in lower costs incurred in 2022. The debtor balance of £Nil (2022: £9,025) represents the gift aid debtor that the Charity had claimed but not yet received for donations made to them in the year. The cash at bank and in hand figure remained steady at year end at £17,581 (2022: £72,745). The creditors balance of £5,257 (2022: £5,040) represents accrued accountancy and independent examination fees not yet paid.

HOPE THROUGH AcfioN (A Company Limited by Guarantee) Trn$teeB' Report for th¢ Y¢Ar 5 April 2023 Risk M*n8gement The tsMst¢es have as5¢5sesJ the rn&ior risks to which the charity is exposed and are satisfied that syst¢3 are place to mitigats exposure to th¢ mttjor risk8. Th¢ risk to the thaTity would be a reduction in donations received. Ru¢rvu Policy The tntst¢¢s ¢oDsider that thE 05( appTh)priate level of free re5eTves ID tbe long t¢rni is £5.OW. The reserves held at the balwt¢¢ sheet date are sufficient at presentto enable the charity to a¢bieve its objectives. Cbarlty's Future Developments The focus for the ThreeS in th¢ llext p¢riod is to s¢cure $uffi¢ien¢ fiujds tt> sustain the long terni operation of the South African activities and to allow the local team to respond io new challenges and Community needs. It is not envisag that there will be the requirement for significant capital fijnding as the approath is to (oncenlrate on building effective development wIgra¢s at the existing facilities. Trustees. Reswbn%Ébilitie5 Th¢ trustee$ (wbo are also directors of Hope Througb Action for the purposes of company law) are respoll5ible for pr¢wing the Thistees, Rewrt and the fmancial statements in accordance with Applible law and United Kingdo Accounting Standords (Ullited Kingdom Generally Ac¢epted Accounting Practice). Company law requires the trystees to prepare fmancial statements for each fillaDci81 ye4r which giye a true and fair view of the state of affairs of the charitable company and of the incoming r¢sourc¢s and application of T¢sourc¢ including the incorne and expenditure. of the charitable company for tbat pericxl. In preparing these financial statements. the trustees are required to: select suitabl¢ a¢¢Oulg polici¢s and then apply them consistentty; observe the methods and principles in the Chariti¢s SORP. make judgments and estimates that are Tea50nable 4ndprndent, state whether applicable accinting stalldard5 have been followe subject to any Materi deparths disclosed and ¢xplained in the fmancial statements; at)d prepare the finallcial slat¢m¢nts on th¢ going cotLcern b&8is uDless it is inapprowiate to presume that the haTitable company will continu¢ in business. The tnTStees are responsile for keeping prop¢raccounting re£ords that disclose with TOnabl¢ accurncy at any tnne th¢ fan¢la1 position of the charitable CoPanY and enable th¢m to ensure that the financial statem¢nts ¢¢)mply wryth the Componies Act 2006. They are aEso responsible for safe8uarding the assets of the charitsble compaDy and hence for tsking reasonable steps for th¢ pr¢v¢ntioD and detection of fraud and othtt irre8ulariti¢s. These accounts a pr¢parcd iu accorda¢¢ with the PTovisions applicable to CopanICs. subject to th¢ small companies, regime. ON BEHALF OF THE BOARD P J Bl8nd gs

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF HOPE THROUGH ACTION

I report to the trustees on my examination of the financial statements of Hope Through Action (‘the company’) for the year ended 5 April 2023, which are set out on pages 6 to 13.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently, I express no opinion as to whether the accounts present a ‘true and fair view’ and my report is limited to those specific matters set out in the independent examiner’s statement.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me reasonable cause to believe that in any material respect:

accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Name: John Guest

Name of applicable listed body: The Institute of Chartered Accountants in England and Wales

Relevant professional qualification or body: Chartered Accountant

ON BEHALF OF RSM UK TAX AND ACCOUNTING LIMITED

Chartered Accountants One City Place Queens Road Chester Cheshire CH1 3BQ Date: …………………28/11/23

HOPE THROUGH ACTION (A Company Limited by Guarantee)

Statement of Financial Activities (including Income and Expenditure Account) For the Year Ended 5 April 2023

		Unrestricted Restricted	Unrestricted Restricted	Total	Total
		Funds	Funds	Funds	Funds
		2023	2023	2023	2022
	Notes	£	£	£	£
INCOME AND ENDOWMENTS:
Donations and legacies	3	100,920	11,880	112,800	160,630
Investment Income		45	-	45	-
		__	__	__	__
TOTAL INCOME		100,965	11,880	112,845	160,630
		__	__	__	__
EXPENDITURE
Charitable activities	4	165,674	11,577	177,251	93,921
		__	__	__	__
TOTAL EXPENDITURE		165,674	11,577	177,251	93,921
		__	__	__	__
NET (EXPENDITURE)/ INCOME		(64,709)	303	(64,406)	66,709
BEFORE TRANSFERS
Transfers		-	-	-	-
		__	__	__	__
NET MOVEMENT IN FUNDS
FOR THE YEAR		(64,709)	303	(64,406)	66,709
TOTAL FUNDS BROUGHT FORWARD		76,730	-	76,730	10,021
		__	__	__	__
TOTAL FUNDS CARRIED
FORWARD	12	12,021	303	12,324	76,730
		=======	=======	=======	=======

The company has no recognised gains or losses other than as stated in the Statement of Financial Activities.

IIOPE TIIROUGH ACTION (A Compally Limited by Guarantse) Balance Sheet 48 at 5 Apiil 2023 Reglstered Nuber. 06552033 (EDg14Dd apd Waks) 2023 2022 Not¢s Current Assets Debtors Cash at bank and in hand 10 9,025 72.745 17.581 Total current a&¥ets 17.581 81,770 CTeditor8: Amounts falling due within one year li (5.257) (5.040) Net Current Assets 12.324 76.730 Totsl knets Currellt Liabilit 12,324 76,730 Restricted Funds Unrestricted Funds 12 12 303 12,021 76,730 TOTAL FUNDS 12,324 76.730 Forth¢y¢ar¢nded 5 April 2023 th¢company was entitledto¢x¢mption from audii undersedion 477 ofthe Cotupanies Act 2(M16 r¢lating to small companies. The members hav¢ Dot r¢quired the company to obtsin an audit of its financlal statements for the yeBr ¢nded 5 April 2023 in accordance wtth Section 476. The directors acknowledg¢ th¢ir responsibilities for ¢¢)mpfytllg with the requirements of the Act with respect to accountitig rKords and the preparatiott of finaDcial statements. These a¢counts are Prepared in with the provisions applicable to compAnies' subject to the small ¢omp8Di¢s' regime. on theirbeha]f by: The financial ments were approvedby the Tnths and authoris¢dfor issue on. ... . .... . 2y/l .. and wer¢ Signed P J Bland Director

HOPE THROUGH ACTION

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 5 April 2023

1. Accounting Policies

The following accounting policies have been applied consistently regarding items considered material to the accounts.

a) Company information

Hope Through Action is a private company limited by guarantee incorporated in England and Wales. The registered office is 15 Grassfield Way, Knutsford, Cheshire, WA16 9AF.

b) Accounting convention

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Hope Through Action meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The Charity has taken advantage of the provisions in the SORP for Charities applying FRS102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

c) Going concern basis of preparation

The Trustees have considered transactions that are anticipated to take place in the foreseeable future and have concluded that no additional financial resources will be required. On this basis the Trustees have concluded that adopting the going concern basis of accounting in preparing the annual financial statements is appropriate. The Trustees will only commit to expenditure when the funds are available to do so.

d) Incoming resources

Donations

Donations are credited to the statement of financial activities once the charity has entitlement to the resources, it is certain that the resources will be received, and the monetary value can be measured with sufficient reliability. Income from events are credited to the statement of financial activities at the time the event takes place and income is certain.

Interest receivable

Interest received is credited to the statement of financial activities when received.

HOPE THROUGH ACTION

(A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 5 April 2023

1. Accounting Policies – continued

e) Resources expended

Resources expended are included in the statement of financial activities on an accruals basis, inclusive of any VAT which cannot be recovered.

Expenditure on charitable activities includes grants made and a proportion of overhead and support costs.

Grants payable are payments made to third parties in the furtherance of the charitable objectives of the Charity. Grants are accounted for when either the recipient has a reasonable expectation that they will receive a grant and the trustees have agreed to pay the grant without condition, or the recipient has a reasonable expectation that they will receive a grant and any condition attaching to the grant is outside of the control of the Charity.

Governance costs are related to the governance of the charity, such as trustees’ expenses.

f) Fund accounting

Funds held by the charity are either:
Unrestricted funds which can be used in accordance with the charitable objectives at the discretion of the trustees;
Restricted funds which can only be used for a particular restricted purpose within the
charitable objectives. The nature and purpose of each restricted fund is included in note 12 to the financial statements.

g) Foreign currencies

Assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to the statement of financial activities.

h) Donations in Kind

The charity received support from many organisations throughout the year. The trustees believe that the value of this support is not quantifiable and measurable or material to disclose within the accounts.

i) Financial instruments

The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102, in full, to all of its financial instruments.

Financial assets and financial liabilities are recognised when the Charity becomes a party to the contractual provisions of the instrument and are offset only when the Charity currently has a legally enforceable right to set off the recognised amounts and intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

j) Financial assets

Other debtors which are receivable within one year and which do not constitute a financing transaction are initially measured at the transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled and any impairment losses.

HOPE THROUGH ACTION (A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 5 April 2023

k) Financial liabilities

Financial instruments are classified as liabilities according to the substance of the contractual arrangements entered into.

Other creditors (including accruals) payable within one year that do not constitute a financing transaction are initially measured at the transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled.

2. Critical accounting estimates and judgements

The trustees believe that estimates and assumptions do not have a significant risk of causing a material difference to the carrying amounts of assets and liabilities within the next financial year.

3. Donations and legacies

3. Donations and legacies
	Unrestricted Restricted		Total	Total
	Funds	Funds	2023	2022
	£	£	£	£
Donations	85,359	11,567	96,926	150,884
Gift aid	15,561	313	15,874	9,746
	__	__	__	__
	100,920	11,880	112,800	160,630
	=======	=======	=======	=======

Of the £160,630 received in 2022 £12,216 was restricted and £148,414 was unrestricted.

4. Analysis of expenditure on charitable activities

	Unrestricted Restricted	Unrestricted Restricted	Total	Total
	Funds	Funds	2023	2022
	£	£	£	£
Charitable Activities:
Grants Payable	158,437	11,577	170,014	86,746
Support Costs	3,623	-	3,623	3,551
Governance Costs	3,614	-	3,614	3,624
	__	__	_ _
	165,674	11,577	177,251	93,921
	=======	=======	=======	=======

The charity undertakes its charitable activities through making all grants to Hope Through Action Foundation, a Section 21 charitable company registered in South Africa.

Of the £93,921 expensed in 2022 £12,156 was restricted and £81,765 was unrestricted.

HOPE THROUGH ACTION (A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 5 April 2023

5. Cost Breakdown by Activity

----- Start of picture text -----
|||||| |---|---|---|---|---| |Support|Governance Total|Total| |Unrestricted Restricted|2023|2022| |£|£|£|£|£| |Website design and evaluation 453 - - 453 571| |Management 228 -|949 1,177|1,217| |Finance 2,942|- 2,665 5,607 5,477| |_|_ _ _ __| |3,623|-|3,614|7,237|7,265| |=======|======= ======= ======= =======|

----- End of picture text -----

6. Net expenditure for the year is stated after charging:

----- Start of picture text -----
||| |---|---| |Total|Total| |2023|2022| |£|£| |Independent examiners fee 2,665|2,640| |Accountancy 2,520|2,400| |_|_| |5,185|5,040|

----- End of picture text -----

7. Trustees’ remuneration and expenses

The Trustees received no remuneration in the period.

Included within support costs, is an amount of £3,890 (2022: £571) comprising £3,437 (2022: £Nil) on travel expenses, £117 (2022: £144) on subscriptions and £336 (2022: £427) on website charges, which were incurred by one trustee as part of their role as charity trustees.

8. Staff Numbers and Costs

The charity has no employees and no staff costs were incurred during the year (2022: £Nil).

9. Taxation

The charity is exempt from tax on income and gains falling within Part 11 of the Corporation Taxes Act 2010 or section 256 of the Taxation of Charitable Gains Act 1992 to the extent that these are applied to its charitable objects.

HOPE THROUGH ACTION (A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 5 April 2023

10. Debtors

10.	Debtors
		2023	2022
		£	£
	Gift Aid	-	9,025
		_	__
		-	9,025
		=======	=======
11.	Creditors amounts falling due within one year
		2023	2022
		£	£
	Accruals	5,185	5,040
	Other creditors	72	-
		_	__
		5,257	5,040
		=======	======

12. Analysis of Charitable Funds

	Balance at				Balance at
	05.04.22	Income	Expenditure	Transfers	05.04.23
	£	£	£	£	£
Restricted Funds	-	11,880	(11,577)	-	303
Unrestricted Funds	76,730	100,965	(165,674)	-	12,021
	__	__	__	__	__
Total Funds	76,730	112,845	(177,251)	-	12,324
	=======	=======	=======	=======	=======
	Balance at				Balance at
	05.04.21	Income	Expenditure	Transfers	05.04.22
	£	£	£	£	£
Restricted Funds	-	12,216	(12,156)	(60)	-
Unrestricted Funds	10,021	148,414	(81,765)	60	76,730
	__	__	__	__	__
Total Funds	10,021	160,630	(93,921)	-	76,730
	=======	=======	=======	=======	=======

Restricted Funds relate to donations held in respect of the Nompumelelo, Sponsor a child and other small projects.

The transfer between funds of £Nil is in relation to overspends on restricted funds (2022: £60).

HOPE THROUGH ACTION (A Company Limited by Guarantee)

Notes to the Financial Statements For the Year Ended 5 April 2023

13. Analysis of Assets Between Funds

Analysis of Assets Between Funds
	Unrestricted	Restricted
	Funds	Funds	Total
At 5 April 2023	£	£	£
Current Assets	17,581	-	17,581
Current Liabilities	(5,257)	-	(5,257)
	__	__	__
Total Net Assets	12,324	-	12,324
	=======	=======	======
	Unrestricted	Restricted
	Funds	Funds	Total
At 5 April 2022	£	£	£
Current Assets	81,770	-	81,7 70
Current Liabilities	(5,040)	-	(5,040)
	__	__	__
Total Net Assets	76,730	-	10,021
	=======	=======	======

14. Guarantee Company and Liability of Members

Hope Through Action is a company limited by guarantee and therefore does not have any share capital.

The liability of members is limited. In the event of the company being wound up during a member’s period of membership or within 12 months afterwards, an amount not exceeding £1 will be required towards the costs of dissolution and the liabilities incurred by the Charity before the membership ceased. There were 4 members at the balance sheet date.

15. Financial Period

These financial statements cover the year ended 5 April 2023. The Trustees have selected 5 April as the most appropriate date for preparing financial statements.

16. Related Party Transactions

Hope Through Action Foundation, a charitable company registered in South Africa, is related to the Charity through Mr P J Bland, who is a Trustee of both charities. During the year the Charity made grants to Hope Through Action Foundation of £166,433 (2022: £86,440). No balances remain outstanding at 5 April 2023 (2022: £Nil).

During the year a £10,000 (2022: Nil) unconditional donation was received from a Trustee.