2021-06-30-accounts - Hope's Children & Young Peoples Support Services

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HOPE’S CHILDREN & YOUNG PEOPLES SUPPORT SERVICES

TRUSTEES’ REPORT

(for the period 1[st] July 2020 to 30 June 2021)

Structure, Governance and Management

Governing Document

Hope’s Children and Young Peoples Support Services (Hope Support Services) is a company limited by guarantee and a registered charity. It is governed by its Articles of Association dated 22[nd] February 2010 (revised 17[th] December 2020). In the event of the company being wound up directors are required to contribute an amount not exceeding £10.

Trustees

The directors of the company are also charity trustees for the purposes of charity law. All trustees gave their time voluntarily and received no benefits from the charity. Any expenses reclaimed from the charity are set out in the Financial Statements. Due to the nature of the work of the charity, there is a mix of business, educational and medical expertise within the board of trustees.

The trustees are familiar with the work of the charity, some having been involved since the early inception. New trustees are appointed by the existing trustees and are briefed on the objectives and work of the charity and provided with an information pack with full supporting documentation including information on the statutory responsibilities of trustees. The trustees work with the CEO on a strategic level. The CEO has responsibility for the management of the charity.

Objectives and Activities

Objectives of the Charity

Our charity’s objectives are as set out in the Articles of Association:

“To relieve the mental and physical sickness of persons resident in the United Kingdom, in particular children and young people suffering from bereavement or loss or a serious health crisis of a family member by the provision of workshops and support.

“To advance the education of professionals working with children and young people suffering from bereavement, loss or the serious illness of a family member by the provision of training.”

The following quotation is pertinent to the setting of our aims and objectives; “Children who experience three or more stressful life events, such as family bereavements, divorce or serious illness are significantly more likely to develop emotional and behavioural disorders” (Source: The Office for National Statistics 21st October 2008).

Main Objectives for the Year July 2020 – June 2021

The trustees have had regard to the guidance issued by the Charity Commission on public benefit and the summary of the main activities for the year are:

Implement the fundraising strategy across all funding streams – seeking resilience funding in the light of the global pandemic, replacing existing funding and securing new sources of income.
To continue to provide a blended service, using both in-person and online methods of responding to the needs of local communities and to the young people with a focus on safety during the pandemic.
To ensure the sustainability of services in Herefordshire, whilst continuing to develop partnerships in Herefordshire and beyond.
Continued development of an effective management structure including Trustees, the Youth Management Team, and Senior Staff. Development of existing workforce and recruitment of experienced and qualified staff to meet the growing demands for the Hope service.
Promote and expand Hope by continuing to establish cohesive partnerships and referral links with local health, education, social and voluntary agencies, and bodies.
To continue to develop operational systems, policies and procedures to ensure the safeguarding of service users and staff.

Volunteers contribute to the work of the charity especially in the area of fundraising, but also in administration, publicity, marketing and support at youth sessions and activities. All members of staff also volunteer on a regular basis. The Youth Management Team are all volunteers and are a significant part of the organisation.

Achievements and Performance

Significant achievements this year include:

Procurement of funding from a range of sources including BBC Children in Need, National Lottery Community Fund, People’s Postcode Lottery and several independent trusts.

Development of an online assembly and affiliated teaching materials created as a schools’ resource and being rolled out to secondary schools across the county and beyond.

Development of the Hope App to support and signpost young people digitally, providing ‘a friend in the pocket’.

Continued provision of regular sessions delivered by the frontline team to young people across Herefordshire.

Post-pandemic growth in offering has resulted in more face-to-face sessions than previously
The online team has doubled in size in response to the need for additional online provision and is
effectively supporting a large group of 11-25 year-olds
Continued delivery of the children and young person’s support service at St Michael’s Hospice

Both the Youth Management Team and Advisory Team continue to thrive, with new members recruited. These including a youth social action facilitator, whose focus addresses issues facing young people from rural communities across Herefordshire.

Hope Advisory Team continues to work with the Children’s Research Centre at the Open University to complete further research into the need for support for young people living through a family health crisis.

Financial Review

Summary

Covid has affected our services and ability to raise funds. However, we have continued to be successful in securing funds to continue the valuable work that Hope undertakes. We are again enormously grateful to all who have shown faith in us and what we are seeking to do and through grants, donations or fundraising have enabled us to continue our work this year.

Largely due to the pandemic affecting our fundraising opportunities over the year, this year we saw a financial outcome for the period with a net loss of £1619, with around 2 months of unrestricted working capital at the end of the financial year (excluding investment, based on our upcoming 2021/2022 budget projection).

Funding Sources

Apart from fundraising income, the principal funding sources for the charity are by way of grants and donations. During the year, we received funding from 15 grant funders, as well individual donations and support. The largest funders were BBC Children in Need for the Hope Online service; The National Lottery Community Fund and Eveson Charitable Trust for the Hope in Herefordshire project; Charities Aid Foundation, People’s Postcode Lottery (Postcode Local Trust) and the Rank Foundation for core salaries/costs.

Reserves Policy

The trustees have made a slight change to our reserves policy. Our investment is managed cautiously, in ethical and socially responsible funds. This investment represents around six months reserves. In addition, we aim to keep around three months unrestricted working capital, to enable day-to-day expenditure to be met. The trustees have built unrestricted reserves to ensure as far as possible that the work of the charity can continue and vital costs can be met, should the economic situation change in future financial years or new opportunities arise.

Plans for the Future

Aims and Objectives for the Future:

▪ Further develop our blended service to effectively support 5–25-year-olds with a range of options for digital and face-to-face engagement and incorporating the Hope App

▪ Continue promoting and expanding throughout Herefordshire and beyond with a focus on partnerships with schools, hospitals, and hospices

▪ Safeguard the financial sustainability of the charity via implementation of the three-year fundraising strategy, to ensure diversification and source income from alternative and sustainable streams

▪ Recruitment of a Youth Trustee to join the Board and work in liaison with the Youth Management Team

On behalf of the Board

Zinnia Wilkinson – Chair

REGISTERED COMPANY NUMBER: 07164190 (England and Wales) REGISTERED CHARITY NUMBER: 1135680

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 30 June 2021

for

Hope's Children & Young Peoples Support Services

Thorne & Co. Accountants 1 St Mary's Street Ross-on-Wye Herefordshire HR9 5HT

Hope's Children & Young Peoples Support Services

Contents of the Financial Statements for the Year Ended 30 June 2021

	Page
Report of the Trustees	1 to 4
Independent Examiner's Report	5
Statement of Financial Activities	6
Balance Sheet	7 to 8
Notes to the Financial Statements	9 to 18
Detailed Statement of Financial Activities	19

Hope's Children & Young Peoples Support Services

Report of the Trustees for the Year Ended 30 June 2021

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2021. 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 of the Charity

Our charity's objectives are as set out in the Articles of Association:

"To relieve the mental and physical sickness of persons resident in the United Kingdom, in particular children and young people suffering from bereavement or loss or a serious health crisis of a family member by the provision of workshops and support.

"To advance the education of professionals working with children and young people suffering from bereavement, loss or the serious illness of a family member by the provision of training."

The following quotation is pertinent to the setting of our aims and objectives; "Children who experience three or more stressful life events, such as family bereavements, divorce or serious illness are significantly more likely to develop emotional and behavioural disorders" (Source: The Office for National Statistics 21st October 2008).

Main Objectives for the Year July 2020 - June 2021

The trustees have had regard to the guidance issued by the Charity Commission on public benefit and the summary of the main activities for the year are:

Implement the fundraising strategy across all funding streams - seeking resilience funding in the light of the global pandemic, replacing existing funding and securing new sources of income.
To continue to provide a blended service, using both in-person and online methods of responding to the needs of local communities and to the young people with a focus on safety during the pandemic.
To ensure the sustainability of services in Herefordshire, whilst continuing to develop partnerships in Herefordshire and beyond.
Continued development of an effective management structure including Trustees, the Youth Management Team, and Senior Staff. Development of existing workforce and recruitment of experienced and qualified staff to meet the growing demands for the Hope service.
Promote and expand Hope by continuing to establish cohesive partnerships and referral links with local health, education, social and voluntary agencies, and bodies.
To continue to develop operational systems, policies and procedures to ensure the safeguarding of service users and staff.

Page 1

Hope's Children & Young Peoples Support Services

Report of the Trustees for the Year Ended 30 June 2021

ACHIEVEMENT AND PERFORMANCE

Significant achievements this year include:

Procurement of funding from a range of sources including BBC Children in Need, National Lottery Community Fund, People's Postcode Lottery and several independent trusts.

Development of an online assembly and affiliated teaching materials created as a schools' resource and being rolled out to secondary schools across the county and beyond.

Development of the Hope App to support and signpost young people digitally, providing 'a friend in the pocket'.

Continued provision of regular sessions delivered by the frontline team to young people across Herefordshire.

Post-pandemic growth in offering has resulted in more face-to-face sessions than previously
The online team has doubled in size in response to the need for additional online provision and is effectively supporting a large group of 11-25 year-olds
Continued delivery of the children and young person's support service at St Michael's Hospice

Hope Advisory Team continues to work with the Children's Research Centre at the Open University to complete further research into the need for support for young people living through a family health crisis.

FINANCIAL REVIEW

Summary

Funding Sources

Apart from fundraising income, the principal funding sources for the charity are by way of grants and donations. During the year, we received funding from 15 grant funders, as well individual donations and support. The largest funders were BBC Children in Need for the Hope Online service; The National Lottery Community Fund and Eveson Charitable Trust for the Hope in Herefordshire project; Charities Aid Foundation, People's Postcode Lottery (Postcode Local Trust) and the Rank Foundation for core salaries/costs.

Reserves Policy

Page 2

Hope's Children & Young Peoples Support Services

Report of the Trustees for the Year Ended 30 June 2021

PLANS FOR THE FUTURE

Aims and Objectives for the Future:

Further develop our blended service to effectively support 5-25-year-olds with a range of options for digital and face-to-face engagement and incorporating the Hope App
Continue promoting and expanding throughout Herefordshire and beyond with a focus on partnerships with schools, hospitals, and hospices
Safeguard the financial sustainability of the charity via implementation of the three-year fundraising strategy, to ensure diversification and source income from alternative and sustainable streams
Recruitment of a Youth Trustee to join the Board and work in liaison with the Youth Management Team

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Hope's Children and Young Peoples Support Services (Hope Support Services) is a company limited by guarantee and a registered charity. It is governed by its Articles of Association dated 22nd February 2010 (revised 17th December 2020). In the event of the company being wound up directors are required to contribute an amount not exceeding £10.

Trustees

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

07164190 (England and Wales)

Registered Charity number

1135680

Registered office

Overross House Ross Park Ross-on-Wye Herefordshire HR9 7US

Trustees

J A H Greenfield (resigned 1.3.21) A D Trevethan (resigned 25.11.20) S M White (resigned 28.7.21) N A Wardale R E Fletcher L J Ryan J A Clapp (appointed 25.11.20) Z J Wilkinson (appointed 25.11.20) R W Young (appointed 28.7.21)

Page 3

Hope's Children & Young Peoples Support Services

Report of the Trustees for the Year Ended 30 June 2021

REFERENCE AND ADMINISTRATIVE DETAILS

Independent Examiner

Thorne & Co. Accountants 1 St Mary's Street Ross-on-Wye Herefordshire HR9 5HT

Approved by order of the board of trustees on 13 December 2021 and signed on its behalf by:

Z J Wilkinson - Trustee

Page 4

Independent Examiner's Report to the Trustees of Hope's Children & Young Peoples Support Services

Independent examiner's report to the trustees of Hope's Children & Young Peoples Support Services ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2021.

Responsibilities and basis of report

As the charity's trustees of the 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 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 2011 ('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

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

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance 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 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.

Edward Richards ACCA Thorne & Co. Accountants 1 St Mary's Street Ross-on-Wye Herefordshire HR9 5HT

13 December 2021

Page 5

Hope's Children & Young Peoples Support Services

Statement of Financial Activities for the Year Ended 30 June 2021

Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 27,081 Other trading activities 2 4,081 Investment income 3 6,492 Total 37,654 EXPENDITURE ON Raising funds 12,208 Charitable activities Projects 29,256 Total 41,464 NET INCOME/(EXPENDITURE) (3,810) RECONCILIATION OF FUNDS Total funds brought forward 188,252 TOTAL FUNDS CARRIED FORWARD 184,442	Restricted funds £ 172,788 - - 172,788 664 169,933 170,597 2,191 51,924 54,115	30.6.21 Total funds £ 199,869 4,081 6,492 210,442 12,872 199,189 212,061 (1,619) 240,176 238,557	30.6.20 Total funds £ 270,570 16,837 (1,243) 286,164 32,416 234,160 266,576 19,588 220,588 240,176

The notes form part of these financial statements

Page 6

Hope's Children & Young Peoples Support Services

Balance Sheet 30 June 2021

Unrestricted funds Notes £ FIXED ASSETS Tangible assets 7 49,867 CURRENT ASSETS Debtors 8 1,134 Investments 9 109,323 Cash at bank 24,508 134,965 CREDITORS Amounts falling due within one year 10 (390) NET CURRENT ASSETS 134,575 TOTAL ASSETS LESS CURRENT LIABILITIES 184,442 NET ASSETS 184,442 FUNDS 12 Unrestricted funds Restricted funds TOTAL FUNDS	Restricted funds £ - 3,485 - 50,775 54,260 (145) 54,115 54,115 54,115	30.6.21 Total funds £ 49,867 4,619 109,323 75,283 189,225 (535) 188,690 238,557 238,557 184,442 54,115 238,557	30.6.20 Total funds £ 50,966 8,282 102,831 79,297 190,410 (1,200) 189,210 240,176 240,176 188,252 51,924 240,176

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2021 in accordance with Section 476 of the Companies 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 Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements 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 the charitable company.

The notes form part of these financial statements

Page 7

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Hope's Children & Young Peoples Support Services

Balance Sheet - continued 30 June 2021

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 13 December 2021 and were signed on its behalf by:

Z J Wilkinson - Trustee

The notes form part of these financial statements

Page 8

Hope's Children & Young Peoples Support Services Notes to the Financial Statements for the Year Ended 30 June 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 Companies Act 2006. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery - 25% on cost Computer equipment - 25% on cost

Taxation

The charity is exempt from corporation 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.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Investments

Investments are stated at market value at the balance sheet date. The Statement of Financial Activities includes the net gains and losses arising on revaluations and disposals throughout the year.

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Hope's Children & Young Peoples Support Services

Notes to the Financial Statements - continued for the Year Ended 30 June 2021

2. OTHER TRADING ACTIVITIES

30.6.21
£
Fundraising
4,081
3.
INVESTMENT INCOME
30.6.21
£
Gain/(losses) on investment assets
6,492
4.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
30.6.21
£
Depreciation - owned assets
3,468
5.
TRUSTEES' REMUNERATION AND BENEFITS
Trustees' expenses
No travel and incidental costs were reimbursed this year or in the previous year.
6.
STAFF COSTS

30.6.20
£
16,837
30.6.20
£
(1,243)
30.6.20
£
3,621

The average monthly number of employees during the year was as follows:

Management Service Delivery	30.6.21 2 6 8	30.6.20 2 8 10

No employees received emoluments in excess of £60,000.

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Hope's Children & Young Peoples Support Services

Notes to the Financial Statements - continued for the Year Ended 30 June 2021

7. TANGIBLE FIXED ASSETS

7.	TANGIBLE FIXED ASSETS
		Assets in
		the
		course of	Plant and	Computer
		construction	machinery	equipment	Totals
		£	£	£	£
	COST
	At 1 July 2020	41,974	228	18,546	60,748
	Additions	2,000	-	369	2,369
	At 30 June 2021	43,974	228	18,915	63,117
	DEPRECIATION
	At 1 July 2020	-	60	9,722	9,782
	Charge for year	-	56	3,412	3,468
	At 30 June 2021	-	116	13,134	13,250
	NET BOOK VALUE
	At 30 June 2021	43,974	112	5,781	49,867
	At 30 June 2020	41,974	168	8,824	50,966
8.	DEBTORS: AMOUNTS FALLING DUE	WITHIN ONE YEAR
				30.6.21	30.6.20
				£	£
	Trade debtors			250	2,765
	Other debtors			-	1,148
	Prepayments and accrued income			4,369	4,369
				4,619	8,282
9.	CURRENT ASSET INVESTMENTS
				30.6.21	30.6.20
				£	£
	Listed investments			109,323	102,831

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Hope's Children & Young Peoples Support Services

Notes to the Financial Statements - continued for the Year Ended 30 June 2021

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

			30.6.21	30.6.20
			£	£
	Accruals and deferred income		535	1,200
11.	LEASING AGREEMENTS
	Minimum lease payments under non-cancellable operating leases fall due		as follows:
			30.6.21	30.6.20
			£	£
	Between one and five years		31,160	49,856
12.	MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.7.20	in funds	30.6.21
		£	£	£
	Unrestricted funds
	General fund	186,252	(3,810)	182,442
	Designated	2,000	-	2,000
		188,252	(3,810)	184,442
	Restricted funds
	Eveson Charitable Trust	-	10,001	10,001
	BBC Children in Need	11,526	2,884	14,410
	Rank Aspire	3,285	(3,010)	275
	Schuh Trust	398	(398)	-
	J L Solandt	2,400	(300)	2,100
	Rathbone Moral Aid Charity	1,114	(1,114)	-
	National Lottery Community Fund	31,351	(25,503)	5,848
	Baron Davenport Charity	500	(500)	-
	Woodroffe Benton Foundation	1,000	(1,000)	-
	Anonymous	350	(350)	-
	Postcode Local Trust	-	19,599	19,599
	Fees Fund	-	361	361
	Edward Cadbury Charitable Trust	-	1,421	1,421
	UK Youth	-	100	100
		51,924	2,191	54,115
	TOTAL FUNDS	240,176	(1,619)	238,557

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Hope's Children & Young Peoples Support Services

Notes to the Financial Statements - continued for the Year Ended 30 June 2021

12. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds General fund Restricted funds Eveson Charitable Trust BBC Children in Need Rank Aspire Schuh Trust J L Solandt South Square Charitable Trust Rathbone Moral Aid Charity National Lottery Community Fund Baron Davenport Charity Woodroffe Benton Foundation Anonymous Postcode Local Trust Fees Fund Rank Foundation Recovery Fund CAF Resilience Fund Edward Cadbury Charitable Trust Children in Need - Next Steps UK Youth TOTAL FUNDS	Incoming resources £ 37,654 10,001 39,985 - - - 500 - 45,802 - - - 19,599 361 10,147 26,280 3,000 17,013 100 172,788 210,442	Resources Movement expended in funds £ £ (41,464) (3,810) - 10,001 (37,101) 2,884 (3,010) (3,010) (398) (398) (300) (300) (500) - (1,114) (1,114) (71,305) (25,503) (500) (500) (1,000) (1,000) (350) (350) - 19,599 - 361 (10,147) - (26,280) - (1,579) 1,421 (17,013) - - 100 (170,597) 2,191 (212,061) (1,619)

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Hope's Children & Young Peoples Support Services

Notes to the Financial Statements - continued for the Year Ended 30 June 2021

12. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds General fund Designated Restricted funds BBC Children in Need Rank Aspire Parivar Trust Building Better Opportunities I Will Fund Hospice UK Schuh Trust J L Solandt Rathbone Moral Aid Charity National Lottery Community Fund Baron Davenport Charity Woodroffe Benton Foundation Anonymous TOTAL FUNDS	At 1.7.19 £ 190,880 2,000 192,880 13,215 - - 1,740 1,092 8,961 - 2,700 - - - - - 27,708 220,588	Net movement in funds £ (19,184) - (19,184) (1,689) 3,458 478 (1,740) (1,092) (8,221) 6,398 (300) 1,114 38,516 500 1,000 350 38,772 19,588	Transfers between funds £ 14,556 - 14,556 - (173) (478) - - (740) (6,000) - - (7,165) - - - (14,556) -	At 30.6.20 £ 186,252 2,000
				188,252 11,526 3,285 - - - - 398 2,400 1,114 31,351 500 1,000 350
				51,924
				240,176

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Hope's Children & Young Peoples Support Services

Notes to the Financial Statements - continued for the Year Ended 30 June 2021

12. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	62,850	(82,034)	(19,184)
Restricted funds
BBC Children in Need	39,281	(40,970)	(1,689)
St Michael's Hospice	15,000	(15,000)	-
Rank Aspire	21,240	(17,782)	3,458
Parivar Trust	2,000	(1,522)	478
Building Better Opportunities	-	(1,740)	(1,740)
I Will Fund	1	(1,093)	(1,092)
Hospice UK	7,359	(15,580)	(8,221)
Schuh Trust	7,500	(1,102)	6,398
J L Solandt	-	(300)	(300)
South Square Charitable Trust	1,000	(1,000)	-
Souter Charitable Trust	3,000	(3,000)	-
Rathbone Moral Aid Charity	2,000	(886)	1,114
National Lottery Community Fund	97,283	(58,767)	38,516
HCF High Sheriff Fund	800	(800)	-
Garfield Weston	20,000	(20,000)	-
Four Acres Trust	3,000	(3,000)	-
Dyers Company	2,000	(2,000)	-
Baron Davenport Charity	500	-	500
Woodroffe Benton Foundation	1,000	-	1,000
Anonymous	350	-	350
	223,314	(184,542)	38,772
TOTAL FUNDS	286,164	(266,576)	19,588

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Hope's Children & Young Peoples Support Services

Notes to the Financial Statements - continued for the Year Ended 30 June 2021

12. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds General fund Designated Restricted funds Eveson Charitable Trust BBC Children in Need Rank Aspire Parivar Trust Building Better Opportunities I Will Fund Hospice UK Schuh Trust J L Solandt National Lottery Community Fund Postcode Local Trust Fees Fund Edward Cadbury Charitable Trust UK Youth TOTAL FUNDS	At 1.7.19 £ 190,880 2,000 192,880 - 13,215 - - 1,740 1,092 8,961 - 2,700 - - - - - 27,708 220,588	Net movement in funds £ (22,994) - (22,994) 10,001 1,195 448 478 (1,740) (1,092) (8,221) 6,000 (600) 13,013 19,599 361 1,421 100 40,963 17,969	Transfers between funds £ 14,556 - 14,556 - - (173) (478) - - (740) (6,000) - (7,165) - - - - (14,556) -	At 30.6.21 £ 182,442 2,000
				184,442 10,001 14,410 275 - - - - - 2,100 5,848 19,599 361 1,421 100
				54,115
				238,557

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Hope's Children & Young Peoples Support Services

Notes to the Financial Statements - continued for the Year Ended 30 June 2021

12. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	100,504	(123,498)	(22,994)
Restricted funds
Eveson Charitable Trust	10,001	-	10,001
BBC Children in Need	79,266	(78,071)	1,195
St Michael's Hospice	15,000	(15,000)	-
Rank Aspire	21,240	(20,792)	448
Parivar Trust	2,000	(1,522)	478
Building Better Opportunities	-	(1,740)	(1,740)
I Will Fund	1	(1,093)	(1,092)
Hospice UK	7,359	(15,580)	(8,221)
Schuh Trust	7,500	(1,500)	6,000
J L Solandt	-	(600)	(600)
South Square Charitable Trust	1,500	(1,500)	-
Souter Charitable Trust	3,000	(3,000)	-
Rathbone Moral Aid Charity	2,000	(2,000)	-
National Lottery Community Fund	143,085	(130,072)	13,013
HCF High Sheriff Fund	800	(800)	-
Garfield Weston	20,000	(20,000)	-
Four Acres Trust	3,000	(3,000)	-
Dyers Company	2,000	(2,000)	-
Baron Davenport Charity	500	(500)	-
Woodroffe Benton Foundation	1,000	(1,000)	-
Anonymous	350	(350)	-
Postcode Local Trust	19,599	-	19,599
Fees Fund	361	-	361
Rank Foundation Recovery Fund	10,147	(10,147)	-
CAF Resilience Fund	26,280	(26,280)	-
Edward Cadbury Charitable Trust	3,000	(1,579)	1,421
Children in Need - Next Steps	17,013	(17,013)	-
UK Youth	100	-	100
	396,102	(355,139)	40,963
TOTAL FUNDS	496,606	(478,637)	17,969

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continued...

Hope's Children & Young Peoples Support Services

Notes to the Financial Statements - continued for the Year Ended 30 June 2021

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 June 2021.

14. LIMITED BY GUARANTEE

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £10 towards the assets of the company in the event of liquidation.

15. DESIGNATED FUNDS

The Youth Management Team manages its own designated fund, and uses it to fundraise for activities such as youth sessions and Hope on the Road trips - ensuring Hope remains a charity of young people, for young people.

Page 18

Hope's Children & Young Peoples Support Services Detailed Statement of Financial Activities for the Year Ended 30 June 2021

Detailed Statement of Financial Activities for the Year Ended 30 June 2021
	30.6.21	30.6.20
	£	£
INCOME AND ENDOWMENTS
Donations and legacies
Donations and grants	198,721	267,131
Job retention scheme	1,148	3,439
	199,869	270,570
Other trading activities
Fundraising	4,081	16,837
Investment income
Gain/(losses) on investment assets	6,492	(1,243)
Total incoming resources	210,442	286,164
EXPENDITURE
Raising donations and legacies
Wages	11,360	26,482
Pensions	179	387
Fundraising	1,333	5,547
	12,872	32,416
Charitable activities
Wages	80,944	102,012
Pensions	1,443	1,797
Other costs	6,875	37,259
	89,262	141,068
Support costs
Management
Wages	74,025	66,129
Pensions	1,611	1,537
Premises	19,635	14,205
Insurance	1,032	1,045
Telephone	4,673	3,269
Printing, stationery and computer
consumables	4,476	2,401
Publicity	125	2
Plant and machinery	56	60
Computer equipment	3,412	3,561
	109,045	92,209
Governance costs
Accountancy and legal fees	882	883
Total resources expended	212,061	266,576
Net (expenditure)/income	(1,619)	19,588

This page does not form part of the statutory financial statements

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