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2022-05-31-accounts

Hope Housing (Bradford) LTD

Charity number 1132349

A company limited by guarantee number 06911577

Annual Report and Financial Statements

for the year ended 31 May 2022

Hope Housing (Bradford) LTD

Annual Report and Financial Statements

for the year ended 31 May 2022

Contents Page
Trustees' report 2 to 6
Examiner's report 7
Statement of financial activities 8
Balance sheet 9
Statement of cash flows 10
Notes to the accounts 11 to 18

Prepared by West Yorkshire Community Accountancy Service CIO

1

Hope Housing (Bradford) LTD

Trustees' report for the year ended 31 May 2022

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates Lara Oyedele Chair from April 2021 James Clayton Secretary from April 2021 Priya Patel Helen Hack Resigned January 2022 Nadine Osuji Appointed March 2021 Sarah Walters Appointed July 2021 Yvonne Falowo Appointed July 2021

Charity number 1132349 Registered in England and Wales Company number 06911577 Registered in England and Wales Registered and principal address Bankers Millside House The Co-operative bank 131 Grattan Road 6 Tyrrel Street Bradford Bradford BD1 2HS BD1 1RJ

Independent examiner

Simon Bostrom FCIE West Yorkshire Community Accountancy Service CIO Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a company limited by guarantee and was formed on 20 May 2009. It is governed by a memorandum and articles of association as amended by special resolution on 18 October 2010 and further amended on 21 January 2018 and 5 March 2021. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £10.

Method of recruitment and appointment of trustees

The members of the charity may by ordinary resolution appoint a person who is willing to act as a trustee. Appointments to the board must always be made such that a majority of members will hold a Christian faith.

2

Hope Housing (Bradford) LTD

Trustees' report (continued) for the year ended 31 May 2022

Objectives and activities

The charity's objects

To reduce homelessness in such ways as maybe thought fit within the context of Christian values and practice, based on the biblical mandate to love our neighbour as ourselves;

To support, advise and accommodate the homeless and inadequately housed in partnership with local churches and other organisations and individuals as the trustees from time to time may think fit;

To fulfil other purposes which are exclusively charitable according to the law of England and Wales that are connected with the charitable work of the charity;

The charity's main activities

Our work with people experiencing homelessness in Bradford has continued to comprise a range of activities as follows:

Providing advice, support and advocacy for people experiencing, or at risk of experiencing, homelessness including those who are destitute (having no recourse to benefits and other public funds).

Providing supported accommodation for those who are homeless through our supported tenancies in our properties across Bradford and also through our hosting scheme.

Providing recovery focussed support for those clients who are homeless and also experiencing substance misuse and mental and physical health problems.

Developing and working with a wide range of partnerships with statutory and voluntary services and churches to support our clients.

Providing opportunities and training for volunteers to enable them to contribute to support of our clients.

We continue to receive referrals from hostels, police, Bradford day shelter providers, drug and alcohol services, outreach and probation workers. We believe it is a great privilege to help people experiencing homelessness by providing hope where they often feel there is no hope. We are extremely well respected across the Bradford District and have an excellent track record of effective delivery and partnership working.

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit published by the Charity Commission.

Achievements and performance

Another tremendously busy year for all at Hope Housing, I think the key words to sum it all up would be accomplishments, growth, change and thankfulness.

We probably started our year in June 2021 with the busiest month of the whole year. It was the month for the final deadline for settled status applications to be made before the cut off period.

We were inundated with last minute applications as well as completing those already in progress. Our OISC registered immigration adviser along with support workers were able to complete a great number of applications often battling against huge obstacles, such as the lack of any client paperwork or no relevant ID. With the council’s help we developed personal contacts within the Home Office that proved invaluable in resolving complicated issues and fast tracking many applications which made a huge difference to our clients who could otherwise have been waiting many more months for resolutions.

Our property portfolio grew to 37 which accounts for 57 bed spaces, an increase of 14 bed spaces from the previous year. We own two properties; the rest are either rentals or through lease agreements with a fabulous charity we work closely with called Green Pastures who help us obtain new properties.

We supported 216 clients in a variety of ways, supporting 57 people in our supported accommodation. As in previous years we were massively impactful in our winter cold weather project working closely with other organisations in Bradford. We were able to support 54 clients who were homeless,43 of which moved into new accommodation.

3

Hope Housing (Bradford) LTD

Trustees' report (continued) for the year ended 31 May 2022

Achievements and performance continued

With the great help from our Chair of Trustees, Hope Housing were able to organise a homeless online summit meeting held in July 2021 with the mission statement “we cannot end homelessness single handedly but together we can”. The conference attracted key stakeholders from across the district and nationally, to work together to end destitution homelessness in our City. It was a successful summit in which two housing associations and the Salvation Army were able to donate a total of 6 destitute bed spaces for a year (hopefully longer) to house some of our most vulnerable clients for which we were very grateful.

It’s all about our clients at Hope Housing and we have been able to offer another year of tremendous support to our clients in a host of ways too long to list. We have a good relationship with our clients. We have been able to introduce many to new activities whether these be educational, wellbeing, medical, physical or social etc. We have had client days out with staff which is always a great time for all to bond together outside of a work environment.

In May 2022, we conducted an impact evaluation questionnaire with our clients. We found that, thanks to our interventions: 100% felt better connected with community life, with more than two-thirds (67%) strongly agreeing with this statement; 94% reported feeling less isolated; 100% of respondents stated that they felt happier, and 100% agree that we helped through the challenges of Covid-19.

We were mentioned in the Feantsa publication, (the European Federation of National Organisations Working with the Homeless) and we were picked and showcased from charities all across Europe for the best practice work with the council on the “Everybody In” Scheme. Our work is case study 9 on page 31 and 32. https://www.feantsa.org/public/user/Good_Practices_in_Supporting_Homeless_Mobile_EU_Citizens.pdf

We faced some major changes in our staff structure, both our long-standing Operations manager as well as our CEO who started the charity back in 2008 decided it was time to move on. This was a great disappointment to us all as both were tremendously invaluable to the charity, however we were able to replace both positions as well as recruit a new Housing Support Manager and we are thankful that all the transitions were smooth and the replacements are settling in well and already well embedded into the culture of Hope Housing. We are ready to face the year ahead and embrace the challenges and opportunities that lay ahead.

As for funding, in October 2021, we received another large grant from the council for £150,000 to employ our two migrant outreach workers for a second year as well as help house and support our most vulnerable destitute clients, this has been a huge help to us, without our Polish and Slovak speaking support workers we would have faced enormous challenges trying to communicate with many clients, this has meant that sadly the government initiative of the “Everybody In” scheme has now come to an end.

We are so thankful to our current and past funders that have allowed us to carry out the amazing work we do at Hope Housing that serves the most vulnerable people in Bradford. However, we are very much aware of the lack of financial security as a charity this brings in terms of forward planning that comes with this type of funding, due to the vast needs of other organisations also looking to secure funding applications. Therefore a big part of our work going forward and something we have already started working on is looking to partner with local churches to work together to alleviate homelessness in our city. We would also like to thank all those we partner with in Bradford to help us make such a difference to many vulnerable people in our city.

4

Hope Housing (Bradford) LTD

Trustees' report (continued) for the year ended 31 May 2022

Achievements and performance continued

At Hope Housing, we are truly passionate about giving hope back to the hopeless, to the rejected, the forgotten and often the hidden members of our society who are struggling each day just to survive, whether that be the weather as they sleep outdoors, their extreme depression and anxiety which many battle with throughout each and every day or being destitute and having no money whatsoever and having to beg for what they do get. Many of our clients face extreme situations/ relationship breakdowns resulting in them turning to drugs and alcohol to escape the emotional pain and now find themselves in bondage to some of the most addictive substances on the planet and struggle to break free, the list is truly endless and just on our doorsteps. We work hard with our clients to help and support them and in this year ahead we have committed within Hope Housing to go above and beyond to provide the most excellent tailor-made support whilst at the same time really looking and praying to see God break through and completely and permanently transform the lives of those we are working with and look forward to sharing many wonderful success stories with you a year from now.

Financial review

The net income for the year was £159,189, including net income of £40,310 on unrestricted funds and net income of £118,879 on restricted funds after transfers.

The principal sources of funding are grants from the local authority and charitable foundations, donations from individuals and rental income and service charges in relation to the properties utilised by the charity for furthering its objects.

Reserves policy

The Trustees have established as a matter of policy that the aim of the charity is to have reserves that represent three months operating costs of the charity. Budgeted expenditure for the year 31 May 2023 is approximately £600,000 which would require a minimum reserve of £150,000.

The charity's free reserves, excluding fixed assets, at the year end were £164,133.

Plans for future periods

At Hope Housing we are very excited about the year ahead, we have some great aspirations for what we hope and expect to achieve in the next 12 months. We plan to go through every area of the charity to bring everything up to date where needed, review current systems and structures, so that we are in a much more solid position for our next and exciting phase of growth. Some of the things we are going to be concentrating on are:

Firstly, some truly inspirational all-year-round training and support for all our staff to provide truly excellent support that goes above and beyond and really gets to the heart of the issues our clients are facing. Undoubtedly we want to house the homeless and save them from desperate living conditions. We want to create an environment where they feel safe, supported and loved but we are not satisfied with that, we are extremely passionate about seeing lives transformed and giving them hope for a bright future and we will do whatever is needed to make this happen for all our clients.

Secondly, we know there is always demand for our services but none so much as now with the cost of living crisis. Just as with the beginning of the covid pandemic, many are facing a very unknown, uncertain and worrying future and we aim to be at the forefront of meeting this demand. As a result we will need to grow in terms of bed spaces and the number of staff to support the most vulnerable in our city. We are looking to a period of real growth in our property portfolio and are already establishing good networks and relationships with a variety of housing providers.

Thirdly, we want to focus on letting the city of Bradford know who Hope Housing are. As an organisation we have never been very proactive at letting the general public know who we are and what we do. We already do great work and support hundreds of desperate people every year and we realise we cannot solve this alone. We want to work even more with other partners and other organizations and forge stronger relationships, but we also want the general public in Bradford to be more aware of what is going on around them and hear how Hope Housing really make a difference to our clients' lives. For many of them, life in the past has just been a long arduous existence and we would love for the public to work with us to change the landscape in Bradford, not just to aspire to be the city of culture in 2025 but also the city of hope.

5

Hope Housing (Bradford) LTD

Trustees' report (continued) for the year ended 31 May 2022

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Signed on behalf of the board of trustees on 6/2/2023

Lara Oyedele (Trustee)

6

Hope Housing (Bradford) LTD

Independent examiner's report to the trustees of Hope Housing

(Bradford) LTD

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 May 2022, which are set out on pages 8 to 18.

Responsibilities and basis of report

As the charity's trustees of the charitable 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 charitable 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 ('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.

Independent examiner's statement

Since the charitable company's gross income exceeded £250,000 your examiner must be a fellow of a body listed in section 145 of the 2011 Act.

I confirm that I am qualified to undertake the examination because I am a fellow of ACIE which is one of the listed bodies.

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

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.

Simon Bostrom FCIE

6/2/23

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

7

Hope Housing (Bradford) LTD

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 May 2022

Notes
2022
Unrestricted
funds
£
Income from:
Donations and legacies
(2)
28,114
Charitable activities
(3)
293,179
Other income
11,010
Bank interest
33
Total income
332,336
Expenditure on:
Charitable activities
(4)
292,711
Total expenditure
292,711
Net income / (expenditure)
39,625
Transfers between funds
(5)
685
Net movement in funds
40,310
Fund balances brought forward
197,079
Fund balances carried forward
(5)
237,389		 2022
Restricted
funds
£
-
357,665
360
-
358,025
238,461
238,461
119,564
(685)
118,879
17,830
136,709		 2022
Total
funds
£
28,114
650,844
11,370
33
690,361
531,172
531,172
159,189
-
159,189
214,909
374,098		 2021
Total
funds
£
39,755
395,778
24,737
176
460,446
467,839
467,839
(7,393)
-
(7,393)
222,302
214,909

All incoming resources and resources expended derive from continuing activities.

8

Hope Housing (Bradford) LTD

Balance sheet

as at 31 May 2022
2022
Unrestricted
£
Fixed assets
Tangible assets
(6)
73,256
Total fixed assets
73,256
Current assets
Debtors and prepayments
(7)
27,523
Cash at bank and in hand
(8)
143,994
Total current assets
171,517
Current liabilities:
amounts falling due within one year
Creditors and accruals
(9)
7,384
Total current liabilities
7,384
Net current assets / (liabilities)
164,133
Net assets
237,389
Funds
Unrestricted funds
237,389
Restricted funds
-
Total funds
237,389		 2022
Restricted
£
-
-
11,717
127,810
139,527
2,818
2,818
136,709
136,709
-
136,709
136,709		 2022
Total
£
73,256
73,256
39,240
271,804
311,044
10,202
10,202
300,842
374,098
237,389
136,709
374,098		 2021
Total
£
75,756
75,756
6,591
138,484
145,075
5,922
5,922
139,153
214,909
197,079
17,830
214,909

For the year ending 31 May 2022 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).

The financial statements were approved by the board of trustees on 6/2/2023

Lara Oyedele (Trustee)

9

Hope Housing (Bradford) LTD

Statement of cash flows

for the year ended 31 May 2022

Cash flows from operating activities:
Net cash provided by (used in) operating activities
Cash flows from investing activities:
Dividends and interest
Purchase of tangible fixed assets
Net cash provided by (used in) investing activities
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
Cash and cash equivalents at the end of the reporting period
Adjustments for:
Depreciation charges
Dividends and interest from investments
(Increase) / decrease in debtors
Increase / (decrease) in creditors
Net cash provided by (used in) operating activities
Analysis of cash and cash equivalents
Notice deposits (less than 30 days)
Total cash and cash equivalents
Reconciliation of net movement in funds to net cash flow
from operating activities
Net movement in funds for the reporting period (as per the
statement of financial activities)
Cash in hand		 2022
£
134,973
33
(1,686)
(1,653)
133,320
138,484
271,804
2022
£
159,189
4,186
(33)
(32,649)
4,280
134,973
2022
£
393
271,411
271,804		 2021
£
2,827
176
(45,934)
(45,758)
(42,931)
181,415
138,484
2021
£
(7,393)
3,764
(176)
3,529
3,103
2,827
2021
£
445
138,039
138,484

10

Hope Housing (Bradford) LTD

Notes to the accounts

for the year ended 31 May 2022

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Tangible fixed assets

Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Leashold property: over the life of the lease or 50 years, whichever is the shorter. Project and office equipment: over 4 years

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

11

Hope Housing (Bradford) LTD

Notes to the accounts

for the year ended 31 May 2022

1 Accounting policies continued

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

Leases

Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.

12

Hope Housing (Bradford) LTD

Notes to the accounts continued

for the year ended 31 May 2022

2 Donations and legacies
Other donations inc gift aid
3 Charitable activities income
ACTS 435
Barrow Cadbury Trust
City of Bradford Met. Dist. Council (CBMDC)
CBMDC Immigration and Asylum Unit
Homeless Link (Cold Weather Fund)
Joseph Rank Trust
Lloyds Bank Foundation
NACCOM The No Accommodation Network
Sovereign Healthcare
Vicars Relief Fund (St Martins in the Fields)
Wellsprings Together
Garfield Weston Foundation
National Lottery Awards for All
Safer Communities Fund WYPCC
Albert Hunt Trust
Archer Trust
Charles & Elsie Sykes Trust
Positive Pathways
The Spooner Trust
Winter Transformation
Rent and service charges		 2022
Unrestricted
funds
£
28,114
28,114
2022
Unrestricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
293,179
293,179		 2022
Restricted
funds
£
-
-
2022
Restricted
funds
£
11,441
-
183,485
6,020
-
-
25,000
-
-
2,339
-
10,000
21,500
5,980
5,000
3,000
2,500
30,400
1,000
50,000
-
357,665		 2022
Total
funds
£
28,114
28,114
2022
Total
funds
£
11,441
-
183,485
6,020
-
-
25,000
-
-
2,339
-
10,000
21,500
5,980
5,000
3,000
2,500
30,400
1,000
50,000
293,179
650,844		 2021
Total
funds
£
39,755
39,755
2021
Total
funds
£
10,841
32,300
30,000
8,035
41,050
25,000
12,830
10,000
5,000
18,540
20,451
-
-
-
-
-
-
-
-
-
181,731
395,778

13

Hope Housing (Bradford) LTD

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 May 2022

4 Charitable activities expenditure
2022
Unrestricted
funds
£
Salaries NI and pensions
4a
44,367
Staff travel
1,748
Volunteer expenses
45
Training
1,294
Beneficiaries housing support costs
179,480
Beneficiaries subsistence costs
5,449
Office and administration
6,501
Phone and postage
1,481
Insurance
2,394
Payroll, HR and recruitment
1,203
Legal, professional and consultancy
1,261
Office rent and room hire
8,734
Repairs and renewals
12,661
Independent examination
1,440
Fundraising costs
10,063
Trips, events and activities
224
Depreciation
4,186
Grants repayable
-
Bad debts
10,180
292,711
4a Staff costs and numbers
Gross salaries
Social security costs
Pensions		 2022
Restricted
funds
£
171,627
2,233
45
72
30,618
19,282
2,591
416
-
-
53
555
6,170
-
-
85
-
4,714
-
238,461		 2022
Total
funds
£
215,994
3,981
90
1,366
210,098
24,731
9,092
1,897
2,394
1,203
1,314
9,289
18,831
1,440
10,063
309
4,186
4,714
10,180
531,172
2022
£
200,185
11,245
4,564
215,994		 2021
Total
funds
£
166,319
3,285
510
810
189,865
30,696
4,210
1,276
1,315
1,564
8,022
7,030
37,915
1,440
5,530
-
3,764
4,288
-
467,839
2021
£
155,679
6,951
3,689
166,319

The average number employees during the year was 11.2, being an average of 9.1 full time equivalent (2021: 8.5, 6.9 FTE). There were no employees with emoluments above £60,000.

Defined contribution pension scheme 2022 2021
£ £
Costs of the scheme to the charity for the year 4,564 3,689
Amount of any contributions outstanding at the year end - 660

14

Hope Housing (Bradford) LTD

Notes to the accounts continued

for the year ended 31 May 2022

5 Restricted funds
Balance b/f
£
Awards for All 2019 - 2020
2,633
ACTS 435
2,622
Bradford City Challenge Foundn.
320
Vicars relief fund
2,416
Green pastures
218
Garfield Weston
-
Immigration and Asylum Unit
955
Donation for legal fees
2,500
CBMDC Next steps
2,220
Emergency sleeping pod
50
NACCOM respond and adapt
3,896
Albert Hunt Trust
-
Archer Trust
-
BMDC Seed Fund
-
Charles and Elsie Sykes
-
Kickstart
-
Larger Grants ACTS435
-
Lloyds 2021-2023
-
Awards for All 21-22
-
Church Urban Fund
-
Safer Communities Fund
-
Spooner Trust
-
Winter Transformation Fund
-
17,830		 Incoming
£
-
8,067
-
2,339
-
10,000
6,380
-
30,000
-
-
5,000
3,000
150,000
2,500
3,485
3,374
25,000
21,500
30,400
5,980
1,000
50,000
358,025		 Outgoing
£
2,633
8,280
320
4,755
218
8,953
7,095
-
32,220
7
3,896
3,264
-
47,837
2,500
2,838
3,374
25,000
8,788
26,769
-
-
49,714
238,461		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(399)
-
-
-
-
-
-
(286)
(685)		 Balance c/f
£
-
2,409
-
-
-
1,047
240
2,500
-
43
-
1,736
3,000
102,163
-
248
-
-
12,712
3,631
5,980
1,000
-
136,709

Fund name

Awards for All 2019 - 2020 ACTS 435 Bradford City Challenge Foundn. Vicars relief fund Green pastures Garfield Weston Immigration and Asylum Unit Donation for legal fees CBMDC Next steps Emergency sleeping pod

NACCOM respond and adapt Albert Hunt Trust Archer Trust BMDC Seed Fund

Charles and Elsie Sykes Kickstart Larger Grants ACTS435 Lloyds 2021-2023

Purpose of restriction

Towards the cost of an Outreach worker. Towards client support costs.

To support destitute clients costs, food, travel, setting up home. Towards beneficiary housing costs, emergency accommodation etc. For volunteer and social activities.

Towards the operational costs of the charity. Towards beneficiary support costs. Donations towards the cost of legal fees.

To employ 2 migrant outreach workers to support EEA migrants. Donations towards the purchase of an emergency sleeping pod situated at St Stephen's Church. The transfer relates to the purchase of fixed assets available for the general purposes of the charity.

Towards Support Worker costs. Towards core costs.

Towards core costs.

Two Migrant Support Workers and costs associated with destitution and EEA migrant work including property costs for destitute accommodation. Towards core costs.

Employee Kickstart. Towards client support costs. Towards core costs.

15

Notes to the accounts continued

Hope Housing (Bradford) LTD

for the year ended 31 May 2022

5 Restricted funds (continued)

Fund name Awards for All 21-22

Church Urban Fund Safer Communities Fund

Spooner Trust Winter Transformation Fund

Purpose of restriction

Volunteer Manager costs and a contribution towards support worker salaries for trips and social activities with clients. Towards Positive Pathways Worker costs.

Support Worker costs, destitute client costs and emergency accommodation costs.

Towards core costs.

Two Resettlement Workers, emergency B&B accommodation costs and property costs for properties to use as emergency accommodation for Cold Weather Provision Clients.

Tangible assets
Cost
At 1 June 2021
Additions
Disposals
At 31 May 2022
Depreciation
At 1 June 2021
Depn reversed re. disposals
Charge for year
At 31 May 2022
Net book value
At 31 May 2022
At 31 May 2021
Debtors and prepayments
Trade debtors
Accrued income
Prepayments
Other debtors
Cash at bank and in hand
Cash at bank
Cash in hand		 £
69,609
-
-
69,609
1,446
-
1,092
2,538
67,071
68,163
Leasehold
property		 £
10,682
1,686
-
12,368
3,089
-
3,094
6,183
6,185
7,593
2022
£
25,223
11,717
750
1,550
39,240
2022
£
271,411
393
271,804
Project and
office
i
t		 Total
£
80,291
1,686
-
81,977
4,535
-
4,186
8,721
73,256
75,756
2021
£
5,991
-
-
600
6,591
2021
£
138,039
445
138,484

6 Tangible assets

7 Debtors and prepayments

8 Cash at bank and in hand

16

Hope Housing (Bradford) LTD

Notes to the accounts continued

for the year ended 31 May 2022

9 Creditors and accruals
Trade creditors
Taxation and social security
Accruals
Grants Payable		 2022
£
960
4,984
1,625
2,633
10,202		 2021
£
660
2,162
3,100
-
5,922

10 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous year.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

Remuneration and benefits received by key management personnel

The total employee benefits received by key management personnel were £22,454 (previous year: £20,582). No trustee received any remuneration or benefit in this capacity during this or the previous year.

11 Operating leases
Within one year
In the second to fifth years inclusive
Over five years from the balance sheet date
Expected future minimum lease payments over the remaining life of the
lease, analysed into the period in which the commitment falls due:		 2022
£
111,837
119,180
-
231,017		 2021
£
105,678
158,954
-
264,632

17

Hope Housing (Bradford) LTD

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 May 2022

2022
2021
Unrestricted Unrestricted
funds
funds
£
£
Income
Donations and legacies
28,114
39,755
Charitable activities
293,179
201,371
Other income
11,010
24,737
Bank interest
33
176
Total income
332,336
266,039
Expenditure
Charitable activities
292,711
233,335
Total expenditure
292,711
233,335
Net income / (expenditure)
39,625
32,704
Transfers between funds
685
7,060
Net movement in funds
40,310
39,764
Fund balances brought forward
197,079
157,315
Fund balances carried forward
237,389
197,079		 2022
Restricted
funds
£
-
357,665
360
-
358,025
238,461
238,461
119,564
(685)
118,879
17,830
136,709		 2021
Restricted
funds
£
-
194,407
-
-
194,407
234,504
234,504
(40,097)
(7,060)
(47,157)
64,987
17,830		 2022
Total
funds
£
28,114
650,844
11,370
33
690,361
531,172
531,172
159,189
-
159,189
214,909
374,098		 2021
Total
funds
£
39,755
395,778
24,737
176
460,446
467,839
467,839
(7,393)
-
(7,393)
222,302
214,909

18