REGISTERED CHARITY NUMBER: 1134314
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 June 2022
for
Selby Hands Of Hope
CFA Tax Limited 99 Westbourne Road Selby North Yorkshire YO8 9DA
Selby Hands Of Hope
Contents of the Financial Statements for the Year Ended 30 June 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 11 |
| Detailed Statement of Financial Activities | 12 | to | 13 |
Selby Hands Of Hope
Report of the Trustees for the Year Ended 30 June 2022
The trustees present their report with the financial statements of the charity for the year ended 30 June 2022. The trustees have adopted the provisions of 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 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Selby Hands of Hope was formed in the main, for the relief of financial hardship amongst people within Selby District by providing such persons with goods and services which they could not otherwise afford through lack of means.
Currently the charity has been involved in offering a training programme, to develop a team of people to move into paid employment, through a community enterprise project, providing a local gardening service.
The charity delivers support, training, and array of services for people living in the Selby District. The charity provides families and individuals with a variety of help, which includes donations of household goods, assistance with rent and utilities, and help with various items for children of school age. Every Christmas we provide gifts for vulnerable families, from the youngest to the eldest, so no member of the family is left out.
In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commission's guidance on public benefit.
Selby Hands of Hope relies on grant income, fundraising income, and shop income.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The Charity has maintained operating fundraising and utilising any donations for general charitable purposes for the advancement of economic and community development, and prevention of poverty, and have provided over eight hundred individual in 2022.
Fundraising activities
Since Covid and lockdowns ended we have been able to continue with some of our fundraising activities this year, which has included Great North Run, our annual Golf day, and a Ball in our local community
FINANCIAL REVIEW
Financial position
The trustees are pleased with the maintained level of financial performances recorded this year.
Reserves policy
Reserves are maintained at such a level as to ensure the day to day activities of the charity can be continued without financial pressure.
The actual reserves held this year were £20,000 (2021: £15,000).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1134314
Page 1
Selby Hands Of Hope
Report of the Trustees for the Year Ended 30 June 2022
Principal address
15 Gowthorpe Selby North Yorkshire YO8 4HE
Trustees
C Hunter Mrs A Hunter R A Singh Chair S J Stockdale Mrs A Gray Mrs J M Howie Treasurer C Hailey-Norris Miss L J Swan Trustee
Independent Examiner
CFA Tax Limited 99 Westbourne Road Selby North Yorkshire YO8 9DA
Approved by order of the board of trustees on 28 April 2023 and signed on its behalf by:
R A Singh - Trustee
Page 2
Independent Examiner's Report to the Trustees of Selby Hands Of Hope
Independent examiner's report to the trustees of Selby Hands Of Hope
I report to the charity trustees on my examination of the accounts of Selby Hands Of Hope (the Trust) for the year ended 30 June 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Accounting Technicians, 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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Cassandra Fennell
The Association of Accounting Technicians
CFA Tax Limited 99 Westbourne Road Selby North Yorkshire YO8 9DA
28 April 2023
Page 3
Selby Hands Of Hope
Statement of Financial Activities for the Year Ended 30 June 2022
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 52,973 Other trading activities 2 241,605 Investment income 3 5 Total 294,583 EXPENDITURE ON Raising funds 254,705 Charitable activities General 26,860 Other - Total 281,565 NET INCOME/(EXPENDITURE) 13,018 RECONCILIATION OF FUNDS Total funds brought forward 11,104 TOTAL FUNDS CARRIED FORWARD 24,122 |
Restricted funds £ - - - - - - - - - - - |
30.6.22 Total funds £ 52,973 241,605 5 294,583 254,705 26,860 - 281,565 13,018 11,104 24,122 |
30.6.21 Total funds £ 123,603 132,475 2 256,080 244,094 40,594 17 284,705 (28,625) 39,729 11,104 |
|---|---|---|---|
The notes form part of these financial statements
Page 4
Selby Hands Of Hope
Balance Sheet
30 June 2022
| Unrestricted Restricted funds funds Notes £ £ FIXED ASSETS Tangible assets 6 2,452 - CURRENT ASSETS Debtors 7 4,941 - Cash at bank and in hand 38,028 - 42,969 - CREDITORS Amounts falling due within one year 8 (21,299) - NET CURRENT ASSETS 21,670 - TOTAL ASSETS LESS CURRENT LIABILITIES 24,122 - NET ASSETS 24,122 - FUNDS 9 Unrestricted funds TOTAL FUNDS |
30.6.22 Total funds £ 2,452 4,941 38,028 42,969 (21,299) 21,670 24,122 24,122 24,122 24,122 |
30.6.21 Total funds £ 2,364 4,305 23,027 27,332 (18,592) 8,740 11,104 11,104 11,104 11,104 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 28 April 2023 and were signed on its behalf by:
R A Singh - Trustee
J M Howie - Trustee
The notes form part of these financial statements
Page 5
Selby Hands Of Hope Notes to the Financial Statements for the Year Ended 30 June 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance Computer equipment - 20% on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 6
continued...
Selby Hands Of Hope
Notes to the Financial Statements - continued for the Year Ended 30 June 2022
2. OTHER TRADING ACTIVITIES
| Fundraising events Shop income Other income 3. INVESTMENT INCOME Deposit account interest |
30.6.22 £ 21,953 219,112 540 241,605 30.6.22 £ 5 |
30.6.21 £ 10,128 122,347 - |
|---|---|---|
| 132,475 | ||
| 30.6.21 £ 2 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2022 nor for the year ended 30 June 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2022 nor for the year ended 30 June 2021.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 74,339 Other trading activities 132,475 Investment income 2 Total 206,816 EXPENDITURE ON Raising funds 194,830 Charitable activities General 40,594 Other 17 Total 235,441 NET INCOME/(EXPENDITURE) (28,625) RECONCILIATION OF FUNDS Total funds brought forward 39,729 |
Restricted funds £ 49,264 - - 49,264 49,264 - - 49,264 - - |
Total funds £ 123,603 132,475 2 256,080 244,094 40,594 17 284,705 (28,625) 39,729 |
|---|---|---|
Page 7
continued...
Selby Hands Of Hope
Notes to the Financial Statements - continued for the Year Ended 30 June 2022
| 5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted funds funds £ £ TOTAL FUNDS CARRIED FORWARD 11,104 - 6. TANGIBLE FIXED ASSETS Fixtures and Computer fittings equipment £ £ COST At 1 July 2021 2,872 749 Additions 637 - At 30 June 2022 3,509 749 DEPRECIATION At 1 July 2021 1,057 200 Charge for year 428 121 At 30 June 2022 1,485 321 NET BOOK VALUE At 30 June 2022 2,024 428 At 30 June 2021 1,815 549 7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.6.22 £ Trade debtors 800 VAT 4,141 4,941 |
Total funds £ |
|
|---|---|---|
| 11,104 | ||
| Totals £ 3,621 637 4,258 1,257 549 1,806 2,452 2,364 30.6.21 £ 360 3,945 4,305 |
Page 8
continued...
Selby Hands Of Hope
Notes to the Financial Statements - continued for the Year Ended 30 June 2022
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade creditors Taxation and social security Other creditors 9. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS |
At 1.7.21 £ 11,104 11,104 Incoming resources £ 294,583 294,583 At 1.7.20 £ 39,729 39,729 |
30.6.22 £ 19,734 520 1,045 21,299 Net movement in funds £ 13,018 13,018 Resources expended £ (281,565) (281,565) Net movement in funds £ (28,625) (28,625) |
30.6.21 £ 17,356 451 785 18,592 At 30.6.22 £ 24,122 24,122 Movement in funds £ 13,018 13,018 At 30.6.21 £ 11,104 11,104 |
|---|---|---|---|
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continued...
Selby Hands Of Hope
Notes to the Financial Statements - continued for the Year Ended 30 June 2022
9. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Humberside Learning Job Retention Scheme Grant TOTAL FUNDS |
Incoming resources £ 206,816 5,837 43,427 49,264 256,080 |
Resources expended £ (235,441) (5,837) (43,427) (49,264) (284,705) |
Movement in funds £ (28,625) - - - (28,625) |
|---|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Net movement At 1.7.20 in funds £ £ 39,729 (15,607) 39,729 (15,607) |
At 30.6.22 £ 24,122 |
|---|---|---|
| 24,122 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Humberside Learning Job Retention Scheme Grant TOTAL FUNDS |
Incoming resources £ 501,399 5,837 43,427 49,264 550,663 |
Resources expended £ (517,006) (5,837) (43,427) (49,264) (566,270) |
Movement in funds £ (15,607) - - - (15,607) |
|---|---|---|---|
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continued...
Selby Hands Of Hope
Notes to the Financial Statements - continued for the Year Ended 30 June 2022
10. RELATED PARTY DISCLOSURES
Trustee, Mrs J Howie, was paid £8,551 (2021: £9,845) for bookkeeping, payroll and administrative services through her own business.
Page 11
Selby Hands Of Hope
Detailed Statement of Financial Activities for the Year Ended 30 June 2022
| INCOME AND ENDOWMENTS Donations and legacies Fundraising and donations Gift aid Grants Other trading activities Fundraising events Shop income Other income Investment income Deposit account interest Total incoming resources EXPENDITURE Raising donations and legacies Wages Premises expenses Telephone Postage and stationery Sundries Fundraising expenses Motor and travel expenses Cleaning and maintenance Staff training Subscriptions Repairs and renewals Other trading activities Fixtures and fittings Computer equipment Charitable activities Course and support Carried forward |
30.6.22 £ 22,686 20,298 9,989 52,973 21,953 219,112 540 241,605 5 294,583 173,863 50,719 1,606 4,355 1,663 9,930 4,780 2,089 535 2,104 2,512 254,156 428 121 549 6,118 6,118 |
30.6.21 £ 15,233 8,467 99,903 |
|---|---|---|
| 123,603 10,128 122,347 - |
||
| 132,475 2 |
||
| 256,080 159,157 57,811 1,521 2,763 2,162 1,910 5,221 5,385 - 2,299 5,338 |
||
| 243,567 428 99 |
||
| 527 19,298 19,298 |
This page does not form part of the statutory financial statements
Page 12
Selby Hands Of Hope
Detailed Statement of Financial Activities for the Year Ended 30 June 2022
| Charitable activities Brought forward Grants to individuals Other Hire purchase Support costs Finance Bank charges Governance costs Accountancy fees Legal fees Total resources expended Net income/(expenditure) |
30.6.22 £ 6,118 6,234 12,352 - 3,107 8,851 2,550 11,401 281,565 13,018 |
30.6.21 £ 19,298 6,273 25,571 17 2,795 10,145 2,083 12,228 284,705 (28,625) |
|---|---|---|
This page does not form part of the statutory financial statements
Page 13