REGISTERED CHARITY NUMBER: 1134314
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 30 June 2024
for
Selby Hands Of Hope
CFA Tax Limited Room 4 Selby Times Business Centre 11 The Crescent Selby North Yorkshire YO8 4PD
Selby Hands Of Hope
Contents of the Financial Statements for the Year Ended 30 June 2024
| 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 | 10 |
| Detailed Statement of Financial Activities | 11 | to | 12 |
Selby Hands Of Hope
Report of the Trustees for the Year Ended 30 June 2024
The trustees present their report with the financial statements of the charity for the year ended 30 June 2024. 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 a community enterprise project, offering training and developing work experience for unemployed individuals through a local gardening project
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. There has been a very large increase in our Christmas appeal due to the Cost of Living.
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 for over nine hundred and fifty individuals.
Fundraising activities
We have continued with our annual fundraising activities this year, which have included the Great North Run, Golf Day, Charity Football Match, Cricket Day and a Vintage 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 £13,692 (2023: £8,000).
We started up a go fund me page to purchase a new van, to help with the delivery and collection of goods. As at 30 June 2024 we have raised £3,692, and the raising of funds is still ongoing. Without a van we would not be able to assist as many people as we do.
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 2024
Principal address
8-9 Market Cross Selby North Yorkshire YO8 4JS
Trustees
C Hunter Trustee Mrs A Hunter Trustee R A Singh Chair S J Stockdale Trustee Mrs A Gray Trustee Mrs J M Howie Treasurer C Hailey-Norris Trustee Miss L J Swan Trustee
Independent Examiner
CFA Tax Limited Room 4 Selby Times Business Centre 11 The Crescent Selby North Yorkshire YO8 4PD
Approved by order of the board of trustees on 28 March 2025 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 2024.
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 2. 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 Room 4 Selby Times Business Centre 11 The Crescent Selby North Yorkshire YO8 4PD
28 March 2025
Page 3
Selby Hands Of Hope
Statement of Financial Activities for the Year Ended 30 June 2024
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 59,032 Other trading activities 2 280,408 Investment income 3 333 Total 339,773 EXPENDITURE ON Raising funds 301,258 Charitable activities General 21,291 Total 322,549 NET INCOME/(EXPENDITURE) 17,224 RECONCILIATION OF FUNDS Total funds brought forward 19,725 TOTAL FUNDS CARRIED FORWARD 36,949 |
Restricted funds £ - - - - - - - - - - |
30.6.24 Total funds £ 59,032 280,408 333 339,773 301,258 21,291 322,549 17,224 19,725 36,949 |
30.6.23 Total funds £ 37,163 263,602 174 300,939 274,301 31,035 305,336 (4,397) 24,122 19,725 |
|---|---|---|---|
The notes form part of these financial statements
Page 4
Selby Hands Of Hope
Balance Sheet 30 June 2024
| Unrestricted Restricted funds funds Notes £ £ FIXED ASSETS Tangible assets 6 6,545 - CURRENT ASSETS Debtors 7 6,006 - Cash at bank and in hand 29,616 - 35,622 - CREDITORS Amounts falling due within one year 8 (5,218) - NET CURRENT ASSETS 30,404 - TOTAL ASSETS LESS CURRENT LIABILITIES 36,949 - NET ASSETS 36,949 - FUNDS 9 Unrestricted funds TOTAL FUNDS |
30.6.24 Total funds £ 6,545 6,006 29,616 35,622 (5,218) 30,404 36,949 36,949 36,949 36,949 |
30.6.23 Total funds £ 5,828 18,027 8,777 26,804 (12,907) 13,897 19,725 19,725 19,725 19,725 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 28 March 2025 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 2024
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 2024
2. OTHER TRADING ACTIVITIES
| Fundraising events Shop income 3. INVESTMENT INCOME Deposit account interest |
30.6.24 £ 13,387 267,021 280,408 30.6.24 £ 333 |
30.6.23 £ 13,708 249,894 |
|---|---|---|
| 263,602 | ||
| 30.6.23 £ 174 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 June 2024 nor for the year ended 30 June 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 June 2024 nor for the year ended 30 June 2023.
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 37,163 Other trading activities 263,602 Investment income 174 Total 300,939 EXPENDITURE ON Raising funds 274,301 Charitable activities General 31,035 Total 305,336 NET INCOME/(EXPENDITURE) (4,397) RECONCILIATION OF FUNDS Total funds brought forward 24,122 TOTAL FUNDS CARRIED FORWARD 19,725 |
Restricted funds £ - - - - - - - - - - |
Total funds £ 37,163 263,602 174 300,939 274,301 31,035 305,336 (4,397) 24,122 19,725 |
|---|---|---|
Page 7
continued...
Selby Hands Of Hope
Notes to the Financial Statements - continued for the Year Ended 30 June 2024
| 6. TANGIBLE FIXED ASSETS Fixtures and Computer fittings equipment £ £ COST At 1 July 2023 7,300 1,183 Additions 2,125 154 At 30 June 2024 9,425 1,337 DEPRECIATION At 1 July 2023 2,188 467 Charge for year 1,371 191 At 30 June 2024 3,559 658 NET BOOK VALUE At 30 June 2024 5,866 679 At 30 June 2023 5,112 716 7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.6.24 £ Trade debtors 617 VAT 4,269 Prepayments and accrued income 1,120 6,006 8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.6.24 £ Trade creditors 2,201 Taxation and social security 1,297 Other creditors 1,720 5,218 |
Totals £ 8,483 2,279 10,762 2,655 1,562 4,217 6,545 5,828 30.6.23 £ 943 6,357 10,727 |
Totals £ 8,483 2,279 |
|---|---|---|
| 18,027 | ||
| 30.6.23 £ 10,089 1,367 1,451 |
||
| 12,907 |
Page 8
continued...
Selby Hands Of Hope
Notes to the Financial Statements - continued for the Year Ended 30 June 2024
9. MOVEMENT IN FUNDS
| At 1.7.23 £ Unrestricted funds General fund 19,725 TOTAL FUNDS 19,725 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 339,773 TOTAL FUNDS 339,773 Comparatives for movement in funds At 1.7.22 £ Unrestricted funds General fund 24,122 TOTAL FUNDS 24,122 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 300,939 TOTAL FUNDS 300,939 |
Net movement At in funds 30.6.24 £ £ 17,224 36,949 17,224 36,949 Resources Movement expended in funds £ £ (322,549) 17,224 (322,549) 17,224 Net movement At in funds 30.6.23 £ £ (4,397) 19,725 (4,397) 19,725 Resources Movement expended in funds £ £ (305,336) (4,397) (305,336) (4,397) |
|---|---|
Page 9
continued...
Selby Hands Of Hope
Notes to the Financial Statements - continued for the Year Ended 30 June 2024
9. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Net movement At 1.7.22 in funds £ £ 24,122 12,827 24,122 12,827 |
At 30.6.24 £ 36,949 |
|---|---|---|
| 36,949 |
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 TOTAL FUNDS |
Incoming resources £ 640,712 640,712 |
Resources Movement expended in funds £ £ (627,885) 12,827 (627,885) 12,827 |
|---|---|---|
10. RELATED PARTY DISCLOSURES
Trustee, Mrs J Howie, was paid £11,511 (2023: £10,147) for bookkeeping, payroll and administrative services through her own business.
Page 10
Selby Hands Of Hope
Detailed Statement of Financial Activities for the Year Ended 30 June 2024
| INCOME AND ENDOWMENTS Donations and legacies Fundraising and donations Gift aid Grants Other trading activities Fundraising events Shop 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 Grants to individuals |
30.6.24 £ 24,515 34,517 - 59,032 13,387 267,021 280,408 333 339,773 217,086 41,903 666 5,439 5,280 11,003 5,072 7,182 - 2,486 3,579 299,696 1,371 191 1,562 185 3,397 3,582 |
30.6.23 £ 18,401 17,762 1,000 |
|---|---|---|
| 37,163 13,708 249,894 |
||
| 263,602 174 |
||
| 300,939 194,398 44,892 1,183 5,402 2,992 10,556 4,411 5,590 205 585 3,238 |
||
| 273,452 703 146 |
||
| 849 1,363 5,311 |
||
| 6,674 |
This page does not form part of the statutory financial statements
Page 11
Selby Hands Of Hope
Detailed Statement of Financial Activities for the Year Ended 30 June 2024
| 30.6.24 | 30.6.23 | |
|---|---|---|
| £ | £ | |
| Support costs | ||
| Finance | ||
| Bank charges | 1,865 | 4,366 |
| Governance costs | ||
| Accountancy fees | 11,861 | 10,448 |
| Legal fees | 3,983 | 9,547 |
| 15,844 | 19,995 | |
| Total resources expended | 322,549 | 305,336 |
| Net income/(expenditure) | 17,224 | (4,397) |
This page does not form part of the statutory financial statements
Page 12