REGISTERED COMPANY NUMBER: 06614898 (England and Walej)
REGISTERED CHARITY NUMBER: 1126487
REPORT OF THE TRUSTEES AND
FINANCIAL sTATEmE￿s FOR THE YEAR ENDED 31ST MARCH 2024
FOR
HOPE 4 (RUGBY) LTD
Atkin8on Finch & Co
Chartered Accountants
Centrdl Chambers
45-47 Albert Street
Rugby
Warwi¢kshire
CV212SG

HOPE 4 IRUGBY) LTD
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024
Page
R¢port of the Trusteeg
I to 5
Independent Examiner's Report
Statement of Fingneial Activltles
Balanee Sheet
8 to 9
Notes to the Financlal Statements
10 to 18

HOPE 4 (RUGBY) LTD (REGISTERED NUMBER: 00614898)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
The trustees who ar¢ also directors of the charity for the pu￿OSe5 of the Companies Act 2006. present their report with
the financial ststements of the charty for the year ended 31 st March 2024. The trustees have adopted the provisions of
Accounting and Reporting by Charities: Statement of R¢conun¢nd¢d Practice applicable to cl]arities preparing their
accounts in accordance with the Financi￿ Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(efftctive l January 2019).
OWECTtVES AND ACTIVITIES
Objectiv
Wc scek to relieve the plight of homeless and temporarity housed people in Rugby and those who are experiencing food
poverty. We operate a number of services to achieve this aim including The Hope Centre and the Rugby Foodbank.
Aetivities
The tnjstees n]eet at least once every two months over th¢ course of the year. The9e meetings review progress, info
and take decisions concerning the charity's present and future activities, fmance. fund-raising and review and amend the
policies of the charity. In addition to regular repoits on aIl aspects of these activities, the particular focus in the past
twelve months has been:
Continuing to build partnerships across the key agen¢i¢s in the town, Rugby Borough Council. P3. Change Grow
Live and South Warwickshire Foundation Trust, so as to improve the support we can give to clients
As a result of a specific appeal to donor4 at Christsnas we provided 90 families with 200 children's book tokens
Running a TnL$5ell Trust funded project with Citizens Advice, whereby clients ref¢Tred to Rugby Foodbank can
self-ref¢r to a designated Citizens Advice advisor to receive advl¢e on financial management and employ a
Thissell Trnst fundcd Support Worker to work with foodbank Clients on non-finaTJcially regulated activities
the provision of threc courses of eight Icssons supporting 16 clients for English for Speakers of Other Languages
Continuing to have sUPPOrt of both a physical health and a mental health nurse for our clients
Providing a new Lottery funded service in the Hope Centre whereby clients ¢an see a Clinical p3ychologisl
the appointment of a Self-employ￿ bookkeeper
the appointment of a Th18sell Thist funded Financial Inclusion Support Worker to work with Foodbank clients
Amongst several positive ¢onsequen¢es of the above-mentioned physical and mentsl health 8uppo¢ it allowed us to host
bi-monthly visit from the team at University Hospital Coventy and Warwickshire for their Hepatitis C scr¢¢ning
programme, and to r¢fer clients directly for emergency dentisty.
ACHIEVEMENT AND PERFORMANCE
Charltable aetlvltle
All functions of Hope 4 continued to be used extensively by those in need from amss Rugby demonstrating the
continued need for the ￿rVIceS provided.
We have continued with our operating model where th¢ charty's ¢lients and Key Workers undertake regular face-to-face
Tnteractions by appointment a5 well as clients accessing the Centre to use the facilities sv¢h as laundry and IT. This has
proved to be very effective, ensuring a consist¢nt delivery of services and pn)duced as it has more positive outcomes,
this is now our business-as-usual operating mode. Over the course 2023-24. we served 100 (2023 -73) newly refeTrd
clients and supported 30 (2023 - 25) clicnts rctUTning to our services. During 2023-24. we support¢d 190 (2023 - 158)
lients in total. In the same period, clients visited the Hope Centre on 4814 (2023 - 3096) occasions. As at March 2024,
60 (2023 - 60) clients were being supported by the Hope Centr¢.
As pr¢viously mentioned, and although we operate an appointtnent system for meeting clients. we have continued to
make a full range of servirxs available to them which included the following interactions (in addition to those already
mentioned): 335 for personal launty, 163 for clothlng. 284 for the nur￿ (in¢￿dIng assessment and tr¢atment), 25
clients supported by th¢ clinical psychologist (provision started in January 2024). 1798 meals (including food parcels),
450 for showers and 1041 for use of IT facilities
The Rugby Winter Shelter
We did not operate a night shelter in 2023-24.
Page I

HOPE 4 (RUGBY) LTD (REGISTERED NUMBER: 06614898)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
ACHIEVEMENT AND PERFORMANCE
FuDdraising
As reported in our 2022123 annual repolt we successfijlly navigated both the initial and ￿￿ond phase of a National
Lottery Communities Fund Grant application and were awarded four more years of fimdin& which began on 1st April
2023. This grant funds the salarie5 of our Service Delivery Manager. two Key Workers, some utilities costs and a new
post of a Mental Health professional who will work with clients. The funding covers around 60Yo of our running costs
initially but will then taper towards a lower percentage over the four years. Whilst this brings fJnan¢ial stability, it also
necessitates the need for the Board to Seek other funding streams and. in particular, promoting the Hope4000 initiative.
Hope4000 - we continue to Promote our short video showcasing a client's story and our work along with how to be part
of the Hope4000 famity by donating £4 a month by standing order. The video has been extensively shared on social
medi4 in local churches and at awareness and fundraising events. By the end of the fmancial year, we have around 1750
Hope4000 donors via standing orders and Just Giving. We continue to see this ￿ a major fimdraising strategy working
towards sustainability.
We organised another very successful 'Sleep Out to Help Out, in February with around 26 peopl¢ taking part, including
severdl local companies, and many individuals (including Board and stsff members and those from the local
Community). The Mayor visited but did not sleep out on this occasion. The event was successful both in ternis of
fiJndrai5in& over £12,000 was raise￿ and in raising awareDe5s about homelessness and the WO￿ we do. We plan to hold
another su¢h evcnl next winter.
The Board decided to invest in a new fimdraising initiative and successfully applied for 15 places in the London
Landmark's Half Marathon. Our social media presence allowed us to recrnit 15 local people who yed to nm and
fundraise on our behalf. Although the event wa5 in early April 2024, the fundraising wag mainly in 2023-24 and brought
in over £9000 which after taking into account enty costs etc saw a net gain to the charity of over £7500.
Page 2

HOPE 4 (RUGBY) LTD IREGISTERED NUMBEIL. 06614898)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
ACHIEVEMENT AND PERFORMANCE
The Rugby Foodbank
Rugby Foodbank is a core service provid¢d by the charity and during the year supplied 7089 (2023 - 7394) three-day
emergen=y food supplies to people in crisis in Rugbyj which were donated by people from across the borough. This was
a 4 % decrease on 2022-23. We received 98,269 kgs (2023 -108,825 kgs) of donated food and we distributed 100.998
kgs. (2023 - 107,180 kgs).
We reported last year that we were delighted that Rugby Borough Council continued with the￿ offer for Rugby
Foodbank to orxupy the ground floor of The Lawn and Retreat building which 13 ideally situated in the middle of Rugby
and close ￿ the Hope Centre. We remain very grateful to them for allowing us to continu¢ to use this building, but this
remains a short-t¢rn arrangement and so we continue to seek longer tern] premises in a suitable location. We retain a
'Rent Fund, of £1 00,000 to help cover the anticipated Cost of renting a unit on eommercial ternis.
We received £8.000 from Rugby Borough Counril for foodbaDk costs and £5,500 from Warwickshire County Council
Hardship Fund specifjcally for foodbaThk food purchases.
Rugby Foodbank continued to work with Bedworth Rugby and Nuneaton Citizens Advice Bureau (BRANCAB) in
regard to our Financial Inclusion project. The Trussell Thst have provid¢d funding for us to employ a BRANCAB
financial inclusion case worker to work directly with foodbank clients. Clients who accessed help via this advisor needed
assistance in areas including benefit and fax credits. housing issues. debL utilities. In the 2023-24 459 (2023 - 476)
foodbank clients were referred to BRANCAB for assistance. BRANCAB anticipated that the in¢orne gain by these
Clients could b¢ in the order of £994.204 if all were to be realised. Alongside income gains the proj¢rt also sugge8ts
£158,266 in debt relief could also realised. In addition, we also received funding from Tru55ell Trust to employ a
Support Worker to work with foodbank clients who ne¢d extra support that is not of the financialty regulated kind. This
too is proving very successful, and the Support Worker assists with issues such as PIP applications, attending meetings
with clients and being their advocate.
People
Our Service Delivery Manager continue8 to manage the Hope Centre and Rugby Foodbank, rts staff and volunteers. He
h&8 a prominent role in the various committees in Rugby that consider the issue of hom¢lessness and has representsd
Hope 4 very well. He continues to make strong links acr0&8 the town, ¢ounty and nationally with statutory and
charitable bodies.
Our Hope Centre's three Key Workers and administration support along with Rugby FoOdban￿S Engagement Officer all
play a vital role in the detailed daily work as515ting clients on their journey out of homelessness and food poverty. Their
growing skills sets and links with the wider comjnunity work well to ensure clients are helped in the most tailored way
possible. Client testimonies bear wilness to this. Our Engagement otyicer decided to move to a new pogltion in a local
church alter nearly six years with the charity. staff and volunteer5 covered hi5 role temporarily whilst recruittnent was
undert8ken which has resulted in this post being filled in June 2024
Last year, we reported that our new Treasurer indicated that the role was t£￿ demanding given her full time job and she
stepped down from the Board during the year. The Board took the decision to enlist the services of a self-employed
bookkeeper. The Chair a130 Stepped up to ￿lfil the role of acting Treasurer while a new Treasurer was sought.
In January 2024 our Company Secretary stepped down due to his family moving abroad with work. Whilst the rharity is
looking for a new B(iard member to fulfil this role one of the Trnstees has agreed to undertake some of the a550¢iated
duties such &8 minute taking.
Pam Davis also st¢pped down having served &$ a Trustee for volunteers for a number of ycu8. However, the Board has
successfully recruited a new trustee wbose specific iemit will be volunteers. Estelle Callow has extensive experience in
the banking indu5ty and has been a school Chair of Governors and has been a foodbank volunteer for several yews.
The Board ha5 also successful]y recruited a local Church of England Vic4r to the Board with the specifjc remit for
wellbeing. Rev Philip Morton will be fulfilling the role of chaplain to the Boart staff, volunteers and clients alike.
Page 3

HOPE 4 (RUCBY) LTD (REGISTERED NUMBER: 06614898)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
FINANCIAL REVIEW
Financial position
Over 202312024 the income of Hope 4 (Rugby) Ltd was £ 395,526. Its expenditure was £302.849. This is split between
our different activities as follows:
Income
135,853
92,573
51,750
115,350
enditure
68,380
68,628
50.194
115,647
Hope 4
Foodbank
Trussell Th]st
The Communiti¢s Lott¢ry Fund Grant
67,473
23,945
1,556
(297)
As at the end of March 2024 thc charity had £935,570 in reserves and assets including the Hope Centre. Of these
£13,37 lis in restricted funds. The amount outstanding on our rnortgage to purch&se the Hope Centre was £94,861. Full
accounts are included with this report.
The continued generosity of people aeross Rugby, supEK)rting churches, other faith communities, schools, organisation4
harities and companies allows us to continue our work. This support continues to be incredibly encouraging and is
b¢ing augmented by a growing number of individuals who make regular donations through the Hope4000 appeal.
Reserves policy
The unrestricted fvnds of £ 922,199 are represented by fLxed assets, including the freehold propety whith is &8cribed a
value of £350,000 less the a850ria¢ed mortgage of £94,861, together with liquid assets of £664,322.
The trnstees are conservative from a fmancial point of view and $0 maintain a level of liquid reserves in ¢x¢ess of
£118,000 to ensure that sufficient resources are available to cover six Months nlnning costs and mortgage repayments.
FUTURE DEVELOPMENTS
The need for the services pmvided by Hope 4 ren]ains Clear and vital to those who are in lemporary housing or who
extwience food povty in the Rugby arca. The charity remains absolutely dependent upon the incredible volunteer
support and fxnancial generosity of many to be ablc to maintain these services. We have successfully applied for
additional funding from the Trussell TTh￿t to increase the capacity of the service delivered by BRANCAB and anti¢lpate
that this provision will start in July 2024.
STRu￿uRE, GOVERNAIYCE AND MANAGEMENT
Governing doeurnent
The charity 1$ controlled by its governing document, the Memorandum and Articles of Association and constitutes a
limited company.
The company is limited by 8uarantee. as defmed by the Companies Act 2006. All members guarantee an arnount not to
exceed £10 payable in the event of the company being wound up with a deficiency of net &8sets. A member's guarantee
of £10 continues for twelve months after membethip ceases. At 3 1st March 2024, there were 6 members (2023 - 6).
Recruitment and appointment of new trustees
Trustees mr4y be ￿0MMended for appointment by the trustees in consultation with th¢ other Rugby Churches and the
Friends and Supporters of Hope 4, or a member and then voted for by the rnembers at a General Meeting.
REFFRENCE AND ADMINISTRATIVE DETAILS
Registered Compvdny number
06614898 (England and Wales)
Registered Charity numb¢r
1126487
Registered office
8 Newbold Road
Rugby
WaThvickshire
CV212LJ
Pag¢ 4

HOPE 4 (RUGBY) LTD (REGISTERED NUMBER: 06614898)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2024
Trust¢¢5
D L P Mansell
DRSBahia
E N Calow
J W(x)dings
P D Clucas
DPr(
J Ghuske
Rev P J Morton
P Davies
(Chairperson)
(Secr¢tary)
- resi￿ed 16th January 2024
- appointed 12th March 2024 1 resigned 9th July 2024
(Trasurer)
(Treasurer)
- apixilllt￿I 14th May 2024
- ￿Signed 20th September 2023
- resigned 14th May 2024
- resigned 9th May 2023
Independent Examiner
S G Bolton FCA
Atkinson Pinch & Co
Chartered Accountants
Central Chambers
45-47 Ajbert Street
Rugby
Warwickshire
CV212SG
Banke
Lloyds Bank Pl¢
14 Church Street
liugby
WaTwickshire
CV213PL
Webslte
http:Ilwww.hope4.org.ukl
This report h&8 been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating
to sma]I companies.
Approved by order of the board of trustees
d Signed on its behalf by:
Mansell - Trustee
Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
HOPE 4 (RUGBY) LTD (REGISTERED NUMBER: 0661489SJ
Independent examiller's report to the trustees of Hope 4 (Rugby) Ltd Cthe Company,)
I report to the ¢haTity trust¢¢s on my examination of the accounts of the Company ftir the year ended 3 1st March 2024.
Responsibilitios and basis of report
As the Ch￿Ity'S tnLStees of the Company (and also its directors for the pury)os¢s of company law) you are responsible for
the preparation of the accounts in accordance with the tequirem¢nts of the Companies Act 2006 2￿6 ACV).
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 exaniination of your charty's accounts as Ca￿led
oul under Section 145 of the Charities Act 2011 Cthe 2011 Act,). In Carrying out my examination I have followed the
Dir¢ctions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examlner's statement
Since your charity's gTOS5 income cxceeded £250,000 your examiner must be a member of a listed body. l Can confirni
that l am qualified to undertake the exalnination bccause I am a member of the Institute of Chartered Accountants in
England and Wales, which is one of the listed bodi¢5.
I have cojnpleted my examination. I confim] that no matters have com¢ to my attention in connection with the
examination giving me cause to believe:
accounting records were not kept in respect of the Company as requtred by Section 386 ot th¢ 2006 Affj or
the accounts do not accord with those records. or
the accounts do not comply with th¢ a¢counting requirements of Sextion 396 of the 2006 Act other than any
requirement that the accounts give a true and fair view which is not a matter conside￿d as part of an indewident
examination. or
the accounts have not been prepared in ￿OrdanCe with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by chartties (applicable to charities preparin8 their accounts
in a¢¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matt¢rs 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.
4ILd
S G Bolton FCA
Atkinson Finch & Co
Chartered Accountants
Centr81 Chambers
4547 Albert Street
Rugby
Warwickthire
CV212SG
Page 6

HOPE 4 (RUGBY) LTD
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 3JST MARCH 2024
2024
Total
funds
2023
Total
fimdg
Unrestricted Rmluation
funds
reserve
Restrictsd
fimds
Notes
INCOME AND
ENDOWMENTS FROM
Donations and legacies
213a95
17fj833
390228
348,026
Investment income
5398
5298
1,205
Total
218,693
176,833
395A26
349,231
EXPENDITURE ON
Chrdritsble actlvlties
Providing care and SUPEK)rt for
thc homeless
Providing a foodbank for those
in need
Providing wint¢r shelter for the
homeless
68J14
115333
183,547
164.082
61J26
57,496
11&822
62,678
159
Repayment of grant
11,946
Total
130,120
172,729
302,849
238.865
NET INCOME
Transfers between funds
8&573
(lJ82)
104
lJ82
92,677
110,366
16
Net movement In funds
87,191
5,486
92,677
110,366
RECOIYCILJATION OF
FUNDS
Total fl￿dS brought forward
769,476
65J32
7085
842,893
732,527
TOTAL FUNDS CARRIED
FORWARD
856,667
6S532
13071
935570
842,893
The notes forn) part of these fmancial 8tat¢ments
Page 7

HOPE 4 (RUGBY) LTD IREGISTERED NUMBER: 06614898)
BALANCE SHEET
31ST MARCH 2024
2024
Total
funds
2023
Total
fimds
Unrestricted
nds
Revaluation
reserve
Restricted
fimds
Notes
FIXED ASSETS
Tangible assets
10
287206
65J32
1,191
353929
354,428
CURRENT ASSETS
Debtors
Cash at bank and in hand
2,328
670,608
370
11,810
2,698
682,418
3.879
600.408
672,936
12,180
685,116
604,287
CREDITORS
Amounts falling due within one
ye
12
(16,832)
(1￿832)
(20,979)
NET CURRENT ASSETS
656,104
11180
668,284
583.308
TOTAL ASSETS LESS
CURRENT LIABILITIES
943,310
65,532
13a71
1,022,213
937,736
CREDITORS
Amounts falling due after more
than one year
13
(86,643)
(86,643)
(94,843)
NET ASSETS
856,667
65,532
13J71
935,570
842.893
FUNDS
Unrestricted funds
Restricted funds
16
922,199
13J71
835,008
7.885
TOTAL FUNDS
935A70
842,893
The charitable company is entitled to ¢xemption from audit under Section 477 of the Companies Act 20Q6 for the year
endcd 315t Mwch 2024.
The members have not required the company to obtain an audit of its financial stat¢ment5 for the year ended
3 1st Ma￿h 2024 in accordance with Section 476 of the Compalli¢8 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 Art 2006 and
preparing financial Statements which give a true And fair view of the stste of affairs of the charitable rompany a8
the end of each financial year and of its surplus or deficit for each financial year in aecordance with the
rcquirement5 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 th¢ charitable rompany.
(b)
The notes forn] part of thes¢ financial statements
Page 8
continueL..

HOPE 4 OIUGBY) LTD (REGISTERED NUMBER: 06614898)
BALANCE SHEET - eontlnued
31ST IVIARCH 2024
These financial statements have been prepared in accordance with the provisions applicable to charitablc companie8
subject to the small ¢omponie$ regime.
cial tatement
er¢ approved by the Board of Thist¢es and authorised for issue on
were signed on its beha]t by:
DLP,
nsell - Trustee
D Proctor. Trustee
The notes forni part of these fmancial stst¢ments
Page 9

HOPE 4 (RUGBY) LTD
NOTES TO THE FINANCIAL STATEMEIYTS
FOR THE YEAR ENDED 31ST MARCH 2024
ACCOUNTING POLICIES
Basi$ of preparlng the flnaDcial statements
The financial statements of the Charitsble company, which is a public bcnefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement
of Recomm¢nded Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting StandaThl applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),,
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Companiu Act 2006. Thc financial stat¢m¢nts have been prepared under the historical c05t
convention, as modified by the revaluation of certain assets.
JDcome
All income is included in the Statement of Financial Activities when the charity is legally entitIed to the income
and the amount can be quantified with re&sonable accuracy.
Eipenditure
Expenditure is accounted for on an a￿n￿lS b&gis and has been classified under headings that aggregate all cost
related to th¢ category. Where costs cannot be directly attrtbuted to particular headings they have been allocated
to activities on a basi5 consistent with the use of resources.
Tanglble flxed a&5ets
Depreciation is provided at the followin8 annual rates in order to write off each asset over its estimated useful
life.
Freehold property
Fixtur¢s and fittings
Motor vehicles
not provided
250/fy on reducing balance
250/0 on reducing balanc¢
Taxation
The charity is exempt from Corporation tax on its dwitabl¢ a¢tivities.
Fund Accounting
Unrestricted fimds be used in accordance with the charitable objectives at the di5rtion of the trustees.
Designated fimds are unrestricted funds that have been set &side by the charity for a specific purpose,
Restricted funds Can mly be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when funds are raiscd for particular purposes.
Hire purcha￿ and leasing eommltments
Rentals paid under operating leaseg 8re charged to the Stat¢mLmt of Financial Activities on a straight line basis
over the period of the I¢￿e.
Penslon costs and other post-retirement beneklts
The charitable company operates a defmed contribution pension scheme. Contribution5 payable to the charitable
companys pension scheme are charged to the Statement of Financial Activities in the p¢riod to which they relate.
SignifieAnt Judgements and estimates
There are no significant judgements that have a material effect on the ￿cOUnts nor any accounting estimatss that
have a high risk of causing a material adjuslment in a future period.
Page 10
continued..

HOPE 4 (RUGBY) LTD
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024
DONATIONS AND LEGACIES
2024
2023
Donations
Grants
203J95
18W3
288.706
59.320
390,228
348.026
The following donations in excess of £3.000 have been received .
2024
2023
Geofftey Philip Martindale Estate
Iynwoods Legacy
Bilton Evangelical Church
Anon
Winwi¢k Wind Farni
Tru5sell Thist Top-up
000
47.500
3.lJ)O
40,000
7,100
12,902
8,000
9,281
Grants rec¢iv¢l includ¢d in the above. are as follows:
2024
2023
29th May 1961 Charttabl¢ Tn￿t
Rugby Bon)ugh Council
Warwickshire County Council
Big Lott¢ry
Amazon
Trussell Trnst
6,OIKI
8,000
5,733
11SJ50
6.070
1,000
500
51,750
51.750
186,833
59,320
INVESTMENT INCOME
2024
2023
Deposit account Interest
5,298
1,205
Pagell
continue&..

HOPE 4 (RUGBY) LTD
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31ST MARCH 2024
CHARITABLE ACTIVITIES COSTS
Direct eosts
2024
2023
Providing rare and support for the homeless
Providing a foodbank for those in need
Providing winter shelter for the homeless
183,547
11&822
164.082
62.678
159
302.849
226,919
DIREcf COSTS OF CHARITABLE ACTIVITIES
2024
2023
Staff costs
Rent
Rates and water
Insurance
Light and heat
Telephone
Postage and ststionery
Repairs and renewa18
Sundries
Food costs
Travelling
Advertising
Training
Subscription5
Computer costs
Bank charges
Events and promotions Costs
Professional fees
Accountancy
Citizen8 Advirx Project
Foodbank expenses
Motor expenses
Book keeping
Depreciation
Loss on sale of assets
Interest payable and similar Charges
186.488
1.800
75S
3A64
13,703
494
1.066
3,408
9.217
13.700
289
1,544
1,417
2,543
8,045
175
10.024
1,417
2.736
2&158
2,056
2,045
3300
iaio
480
3JlS
148.009
1.800
663
3.673
5.363
1,597
403
3.723
14,201
4.722
552
180
3,493
6,616
118
6.700
2,592
15,789
1.125
1,617
1,476
2.507
302049
226,919
Page L2
Continued...

HOPE 4 OiUGBY) LTD
NOTES TO THE FINANCIAL STATEMENTS- eontlnued
FOR THE YEAR EIWED 31ST MARCH 2024
NET INCOMEI{EXPENDITURE)
Net incorne/(¢xp¢ndiiure) is statsd after chargin￿(CredIting).
2024
2023
Depreciation - owned asset5
iaio
1,476
TRUSTEES, REMUNERATION AND BENEFfTS
There were no trustees, remuneration or other beD¢fits for the year ended 3 1st March 2024 nor for the year ended
3 1st March 2023.
Trusttts, expense
There were no trustees, expenses paid for the year ended 31st Ma￿h 2024 nor for the year ended
3 1st March 2023.
STAFF COSTS
The average rnonthly number of employees during the year was L8 follows:
2024
2023
Support staff
Adrnini5trative staff
No ernployees received emoluments in ex¢¢ss of £60,000.
2024
2023
Wages
Employers national insurance
Pension costs
170,842
8,691
6,955
136.465
5.759
5,785
186,488
148,009
COMPARATIVES FOR THE STATEMEIYT OF FINANCIAL AcfiviTlES
Unrestricted Revaluation
funds
reserve
Restricted
funds
Totsl
nds
INCOME AND ENDOWMENTS FROM
Donations Ènd legacies
348.026
348,026
Inves1rnent income
1,205
1.205
Tothl
349,231
349231
EXPENDITURE ON
Charitsble activities
Providing care and supp)rt for the homeless
Providing a foodbank for those in need
Providing winter shelt¢r for th¢ homeless
156.638
61.322
159
7,444
1.356
164.082
62,678
159
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HOPE 4 (RUGBY) LTD
NOTES TO THE FINANCIAL STATEMENTS- Continued
FOR THE YEAR ENDED 31ST MARCH 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - Continued
Unrestricted Revaluation
Restricted
funds
reserye
fimds
Total
fimds
Repayrnent of grant
11.946
11.946
Total
218,119
20.746
238,865
NET INCOMEI(EXPENDITURE)
131.112
(20.746)
110,366
RECONCILIATION OF FUNDS
Total funds brought forward
638,364
65.532
28,631
732,527
TOTAL FUNDS CARRIED FORWARD
769,476
65,532
7,885
842,893
10.
TANGIBLE FIXED ASSETS
Fixtures
Freehold
property
Motor
vehicles
fittings
Total8
COST
At Isi April 2023
Additions
Disposals
350.000
29,560
1,29J
(3,824)
7WO
387,360
1.291
(3,824)
At 31 st March 2024
350,000
27,027
7,800
384.827
DEPRECIATION
At 1st April 2023
Charge for year
Eliminated on disposal
25.462
1328
(3a44)
7,470
32,932
iJio
(3J44)
At 3 1st March 2024
23,346
7,552
30,898
NET BOOK VALUE
At 31 st Mar¢h 2024
350.iM)O
3,681
248
353929
At 3 1st March 2023
350,000
4.098
330
354,428
The property was revalued by Howkins and Harrison on 26th March 2019. The original cost of the building is
£284,468.
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HOPE 4 (RUGBY) LTD
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31ST MARCH 2024
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Gift aid tax rccovcrablc
Prepayinents and accrued income
1,229
1.901
749
830
2,698
3,879
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Bank loans and overdrafts (see note 14)
Trade ¢reditor5
Social security and other taxes
ArKrued expenses
8218
835
3,207
$72
7.950
8.853
4,176
16,832
20,979
13.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024
2023
Bank loans (see note 14)
86.643
94,843
LOANS
An analysis of the maturity of loans is given below..
2024
2023
Amounts falling du¢ within one year on demand:
Bank loans
8318
7,950
Amounts falling between one and two y¢ars:
Bank loans - 1-2 years
9,496
8,218
Amounts falling due between two and five years:
Bank loans . 2.5 years
27,247
26,357
Arnounts falling due in more than five year8:
Repayable by instalments..
Bank loans more than 5 years
49,900
60268
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HOPE 4 (RUCBY) LTD
NOTES TO THE FINANCIAL STATEMFNTS - tontlnued
FOR THE YEAR ENDED 31ST MARCH 2024
Is
SECURED DEBTS
The following secured debts are included within creditors:
2024
2023
Bank loans
9<861
102,793
The loan is secured by a First Legal Charge over the freehold property, 8 Newbold Roa4 Rugby.
16.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
fimds
At
31.3.24
At 1.4.23
UMr¢strieted funds
G¢n¢rdl fund
Rugby foodbank
Rugby winter shelter
Rent fund
Revaluation r¢8erYe
390,621
278J75
67,539
21,514
(480)
(1?82)
456,778
299,889
loo,000
6S532
100.000
65,532
&15,008
8&573
(lJ82)
922,199
Restrleted funds
Building refurbishment fund
Foodbank van expenses
Cookery Grant
BIG I.ottery CJrant
Tru55ell Thist Foodbank
wcc
Xmas food
3J95
1,660
2,830
3J95
618
2JOI
943
IA56
558
000
(2,127)
(529)
646
1,550
558
1,085
297
7,885
104
lJ82
13J71
TOTAL FUNDS
842,893
92,677
935￿70
Page 16
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HOPE 4 (RUGBY) LTD
NOTES TO THE FINANCIAL STATEMFNTS - contlnu¢d
FOR THE YEAR ENDED 31ST MARCH 2024
16.
MOVEMENT IN FUNDS - continued
Net movement in fimds, included in the above are &8 follows:
InGoming
resources
Resources
expended
Movement
in funds
Unrestricted ￿ndS
General fund
Rugby foodbaThk
Rugby wintsr sh¢tt¢r
13S853
82.840
(68a14)
(61J26)
(480)
67A39
21.514
(480)
218.693
(130.120)
8&573
Reslrlct¢d funds
Foodbank van expenses
Cookery Grant
BIG Lottery Grant
Trussell Trust Foodbank
wcc
Xmas food
(2,127)
(529)
(114,704)
(50,194)
(5,175)
(2,127)
(529)
646
1,556
558
4,000
lJ5J50
51,750
5,733
4.000
176,833
(172,729)
4,104
TOTAL FUNDS
395,526
(302,849)
92.677
Comparatlves for movement In funds
Net
movement
in tund5
At
31.3.23
At 1.4.22
Unrestricted funds
General fund
Rugby foodbank
Rugby winter shelter
Rent fund
Revaluation re8¢rv¢
325,924
211,801
639
loo,000
65,532
64,697
66,574
(159)
390,621
278,375
480
loo.000
65,532
703.896
131.112
835.008
Restricted funds
Building refurbishment fund
Foodbank van expenses
Cookery Grant
BIG Loticry Grant
Hom¢l¢ssn¢ss Winter Transfozmation Fund
3J95
3J87
4,903
5,000
11.946
3,395
1,660
2,830
(1.727)
(2.073)
(5.000)
(11.946)
28.63 1
(20.746)
7,885
TOTAL FUNDS
732.527
110.366
842,893
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HOPE 4 (RUGBY) LTD
NOTES TO THE FINANCIAL STATEMENTS - CODtlnued
FOR THE YEAR ENDED 31ST MARCH 2024
16.
MOVEMENT IN FUNDS- continued
Comparative net movement in funds included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrcstricted fun
General fund
Rugby foodbank
Rugby wintsr shelter
221,326
127,905
(156.629)
(61,331)
(159)
64,697
66,574
(159)
349.23 I
(218.119)
131,112
Restrlctsd fuDds
Foodbank van expenses
Cookery Grant
BIG Lottery Grant
Homelessness Winter Transforniation Fund
(1,727)
(2.073)
(5,000)
{11,946)
(1,727)
(2,073)
(S,0[￿))
(11,946)
(20,746)
(20,746)
TOTAL FUftYDS
349,231
(238,865)
110,366
17.
RELATED PARTY DISCLOSURES
There were no related paty transactions for the year ended 31 st March 2024 (2023 - none).
Page 18