2023-03-31-accounts - Hope 4 (Rugby) Ltd

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			Page
Report ofthe Trustees		1	to	5
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet			to	9
Notes to the Financial Statements		10	to	1S

BALANCE SHEET 31STMARCH 2023
					2023	2022
		Unrestricted	Revaluation	Restricted	Total	Total
		funds	reserve	funds	funds	funds
	Notes
FIXEDASSETS
Tangible asscas	10	288,566	65,532	330	354,428	355,148
CURRENT ASSETS
Debtors		3,507		372	3,879	3,024
Cash at bank and in hand		-93225		7 183	65114118	491 187
		596,732		7,555	604,287	494,211
CREDITORS
Amounts falling due within one
vcaf	12	(20,979)			(20,979)	(12428)
NET CURRENT ASSETS		575 753		7555	51133118	481983
TOTAL ASSETSLESS
CURRENT LIABILITIES		864,319	65,532	7,885	937,736	837,131
CREDITORS
Amounts fall mg due at)er more
than one year	13	(94,843)			(94,843)	(104,604)
NET ASSETS		769 476	6. 532	7 885	8421193	732 527
FUNDS	16
Unrestricted funds					835,008	703,896
Restricted funds TOTAL FUNDS					7 88. 842 893	28,631 ~732 27

Freehold property	not provided
Fixtures and fittings	25%on reducing	balance
Motor vehicles	25% on reducing	balance

DONATIONS		AND L	E	G	ACIES
						2023	2022
Donations Grants						288,706 ~59 20	175,423 67 277
						~348026	242 700
The following	donations			in	excess off3,000 have been received:
						2023	2022
29th May 1961		Charitable			trust
Tynwoods Legacy						47,500
Barny Hassan	Saxman						11,100
Britvic Social
Winwick Wind		Farm				7,100
Fish Lnlimited							3,520
Estate ofJoseph		Hursthouse					5,000
Anon						40,000	4,000
Trussell Trust	Top-Up					12,902	6,187
Grants received,		included		in the above, are as follows:
						2023	2022
29th May 1961		Charitable			Trust	6,070
Warwickshire	County Council					1,000
Big Lottery							52,277
Trusell Trust Foodbank			Covid Recovery Grant			51,750
Homeless Link							15,000
Amazon						500
						59 20	67 277
INVESTMENT		INCOME
						2023	2022
Deposit account		interest				~105	288

CHARITABLE	ACTIV	ITIES COSTS
Direct costs
			2023	20'1 'l
		f.
Providing care and support for the homeless			l64,082	153,027
Providing a foodbank for those in need			62,678	80,114
Provtdtng winter shelter		for the homeless	159	212
				223 53
DIRECT COSTS OF CHARITABLE ACTIVITIES
			2023	2022
Staff costs			148,009	133,310
Rent			12100	1,968
Rates and water			663	1,237
Insurance			3,673	3,486
Light and heat			5Q63	5,436
Telephone			1@97	557
Postage and stationery			403	976
Repairs and renewals			3,723	8,439
Sundries			14/01	8,698
Food costs			4,722	847
Travelling			552	304
Advertising				790
Training			180	95
Subscription s			3,493	1,726
Computer costs			6,616	6,488
Bank charges			118	168
Professional fccs			6,700	1,008
Accountancy			2492	2,448
Citizens Advice	Project		15,789	45,000
Foodbank expenses			1,125	2,153
Motor expenses			1,617	835
Dcprcciation Interest payable	and similar charges		1,476 ~207	1,715 5,669
			~226 919	233 353
NET INCOME/(EXPENDITI/RE)
Net income/(expenditure)		is stated after chargmg/(crediting):
			2023	2(122
Dcprcciation —owned assets			I 476	I 715

Thc avcrag	c m	onthly		nunibcr ofcrn	ployccs during thc year	was as follows:
								2023		2022
Support staff									6		6
Admmistrative		staff							I		1
									7		7
No employees		received emoluments			in excess of860,000.
								2023		2022
				f
Wages								136,465		122,904
Employers	national		insurance					5,759		5,1 1 1
Pension costs								5 785		5	295
								148009		133	310
COMPARATIVES			FOR THE STATEMENT OF FINANCIAL ACTIVITIES
						Unrestricted	Revaluation	Rcstrictcd		Total
						funds	reserve	funds		funds
						f
INCOME	AND ENDOWMENTS				FROM
Donations	and	legacies				175,423		67,277		242,700
Investment	income					288					288
Total						~175711		~67	277	242	988
EXPENDITURE ON
Charitable	activities
Providing	care	and support for the homeless				70,156		82	871	153,027
Providing	a foodbank			for those in nccd		34,133		45,981		80,114
Providmg	winter shelter for the homeless					212					212
Total						~104501		~128	852	~233	353
NET INCOME/(EXPENDITURE)						71,210		(61,575)		9,635


9.	COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
				Unrestricted	Revaluation	Restricted	Total
				funds	reserve	funds	funds
					6
	RECONCILIATION		OF FUNDS
	Total t'unds brought	forward		567,154	65,532	90,206	722,892
	'I'OTAL I'U~DS('ARRIED FORWARD			638 364	65 532	2' 631	732527
10.	TANGIBLE FIXED		ASSETS
					Fixtures
				Freehold	and	Motor
				property	tittings	vehicles	Totals
				f,			f
	COST
	At 1stApri!2022			350,000	28,804	7,800	386,604
	Additions				756		756
	At 31st March 2023			~350000	~29560	~7800	~387 60
	DEPRECIATION
	At 1stApril 2022 Charge for year At 31st March 2023				24,096 1366 ~25 462	7/60 110 ~7470	31,456 ~1476 ~32 932
	NET BOOK VALUE
	At 31st March 2023			~350000	~4098	330	~354428
	At 31st March 2022			350000	4708	440	355 148

DEBTORS:	AMOUNTS FALLING DUE WITHIN ONE YEA	R
		2023	2022
Trade debtors		1429
Gift aid tax recoverable		I&901	1,945
Prepayments	and accrued tncome	749	1 079
		32179	3,024

12.	CREDITORS: AMOIJNTS	FALLING	DUE W	ITHIN ONE YEAR
					2023		2022
	Bank loans and overdratts (see note 14)				7,950		6,750
	Trade creditors				82)53		1,534
	Other creditors						422
	Accrued cxpcnscs				~4176		~3522
					~20	979	12228
13.	CREDITORS: AMOIJNTS	FALLING	DUE AFTER MORE THAN ONE YEAR
					2023		2022
	Bank loans (see note 14)				~94	43	104604
14.	LOANS
	An analysis ofthe maturity ofloans is given below:
					2023		2022
	Amounts falling duc within onc year on		demand:
	Bank loans				7	50	6 750
	Amounts falling between one	and two years:
	Bank loans —1-2years				8	18	6 978
	Amounts falling due between	two and tive years:
	Bank loans —2-5 years				26	57	22 380
	Amounts falling due in more	than five years.
	Repayable by instalments:
	Bank loans more than 5 years				60468		75,246
15.	SECURED DEBTS
	The following secured debts are included		within	creditors:
					2023		2022
	Bank loans				~102	793	111354

MOVEMENT IN FUN	DS
					Net
					movement	At
				At 1.4.22	in funds	31.3.23
Unrestricted funds
General fund				325,924	64,697	390,621
Rugby foodbank				211,801	66,574	278075
Rugby winter shelter				639	(159)	480
Rent fund Revaluation reserve				100,000 ~65532		100,000 ~65 532
				703,896	131,112	835,008
Restricted funds
Building refurbishment	fund			3,395		3495
Foodbank van expenses				3,387	(1,727)	1,660
Cookery Grant				4903	(2,073)	2,830
BIGLottery Grant Homelessness Vvinter Transformation			Fund	5,000 ~11946 ~28 631	(5,000) ~ll 946) ~20746)	~7885
TOTAL FUNDS				~732 527	~110366	~842 893
Net movement in funds,	mcluded	in	the above are as follows:
				Incoming	Resources	Movement
				resources f	expended	in funds
Unrectricted fundc
Gcncral fund				221,326	(156,629)	64,697
Rugby foodbank Rugby winter shelter				127,905	(61,331) ~999	66,574 ~199
				349,231	(218,119)	131,112
Restricted I'unds
Foodbank van expenses					(1,727)	(1,727)
Cookery Grant					(2,073)	(2,073)
BIGLottery Grant Homelessness tVinter Transformation			Fund		(5,000) ~II 946) ~20746)	(5,000) ~II 946) ~20 746)
TOTAL FUNDS				~349231	238865	~110366

								Net
								movement	At
							At 1.4.21	in funds	31.3.22
								f.
Unrestricted funds
General fund							305,396	20,528	325,924
Rugby foodbank							160,907	50,894	211,801
Rugby winter shelter							851	(212)	639
Rent fund Revaluation rcscrvc							100,000 65.532		100,000 ~65 532
							632,686	71,210	703,896
Restricted funds
Building refurbishment		fund					3395		3 395
Foodbank van expenses							4,368	(981)	3,387
Cookery Grant							4.903		4,903
BIGLottery Grant							7,540	(2,540)	5,000
Masonic Chantable	Foundation			Grant			20,000	(20,000)
Amazon Covid Grant							5,000	(5,000)
Trussell Trust Foodbank Covid Recovery Homclcssncss iViator Transformation Fund							45,000	(45,000) ~II 946	~II 946
							90206	~61575)	28 631
TOTAL FUNDS							722 892	9 635	732 527
Comparative net movement			in	funds,	included	in the above are as follows:
							incoming	Resources	Movement
							resources	expended	in funds
Unrestricted funds
General fund							90,684	(70,156)	20,528
Rugby foodbank Rugby winter shelter							85,027	(34,133) ~212	50,894 ~212)
							175,711	(104,501)	71,210
Restricted funds
Foodbank van expenses								(981)	(981)
BIG Lottery Grant							52,277	(54,817)	(2,540)
Masonic Charitable	Foundation			Grant				(20,000)	(20,000)
Amazon Covid Grant								(5,000)	(5,000)
Trussell Trust Foodbank Covid Recovery Homelessness IVinter Transformation Fund							15000 ~67277	(45,000) ~3054) ~128852)	(45,000) 11 946 ~6I 575)
TOTAL FUNDS							242 988	~233 353)	9635