## **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:
1. 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.
2. 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.
3. To ensure the sustainability of services in Herefordshire, whilst continuing to develop partnerships in Herefordshire and beyond.
4. 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.
5. Promote and expand Hope by continuing to establish cohesive partnerships and referral links with local health, education, social and voluntary agencies, and bodies.
6. 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:
1. 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.
2. 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.
3. To ensure the sustainability of services in Herefordshire, whilst continuing to develop partnerships in Herefordshire and beyond.
4. 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.
5. Promote and expand Hope by continuing to establish cohesive partnerships and referral links with local health, education, social and voluntary agencies, and bodies.
6. 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.
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
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.
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**
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.
## **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:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. 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
4. 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
continued...
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.
Page 9
continued...
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.
Page 10
continued...
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|
Page 11
continued...
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|
Page 12
continued...
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)|
|---|---|---|
Page 13
continued...
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|
Page 14
continued...
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|
Page 15
continued...
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|
Page 16
continued...
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|
Page 17
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
Page 19