```
REGISTERED COMPANY NUMBER: 07540163 (England and Wales)
REGISTERED CHARITY NUMBER: 1140845
```
```
Report of the Trustees and
```
```
Unaudited Financial Statements for the Year Ended 28 February 2025
```
```
for
```
```
The Hope Centre in North East Cheshire
```
```
Harts Limited
Westminster House
10 Westminster Road
Macclesfield
Cheshire
SK10 1BX
```
```
The Hope Centre in North East Cheshire
```
## **`Contents of the Financial Statements for the Year Ended 28 February 2025`**
|||**`Page`**||
|---|---|---|---|
|**`Report of the Trustees`**|`1`|`to`|`5`|
|**`Independent Examiner's Report`**||`6`||
|**`Statement of Financial Activities`**||`7`||
|**`Balance Sheet`**||`8`||
|**`Notes to the Financial Statements`**|`9`|`to`|`14`|
|**`Detailed Statement of Financial Activities`**||`15`||
```
The Hope Centre in North East Cheshire
```
## **`Report of the Trustees`**
## **`for the Year Ended 28 February 2025`**
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheirreport with
thefinancialstatementsofthecharityfortheyearended28February2025.Thetrusteeshaveadoptedthe provisions
ofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicabletocharitiespreparing their
accountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland(FRS 102)
(effective 1 January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
Purpose: To respond to Human Need by Loving Service 'LIVING; LOVING; SERVING; SHARING'
```
## **`Objectives.`**
- `The advancement of the Christian Faith amongst the residents of North East Cheshire`
- `by promoting education`
- `by providing opportunities for social interaction`
- `by providing facilities which foster social welfare through recreation and leisure`
- `by encouraging and facilitating entry and re-entry into the world of work`
```
All the above with the objective of improving the wellbeing of local residents
```
- `-The Hope Centre has a mission actively to promote the principle of equality of opportunity at all times`
## **`Activities`**
```
TheHopeCentrewasestablishedin2011andhasnowbeenservingtheMacclesfieldcommunityforalmost15 years.
Thisyearhasbeenaperiodofseekingtoconsolidateonthechangesmadeinthepreviousyeartothelayoutof the
ground floor and 1st Floor (Upper Room).
```
## **`Significant activities`**
```
All its charitable activities focus on responding to human need by Living; Loving; Serving; Sharing.
```
```
Page 1
```
```
The Hope Centre in North East Cheshire
```
## **`Report of the Trustees for the Year Ended 28 February 2025`**
## **`OBJECTIVES AND ACTIVITIES Public benefit`**
## `1. Community Hub`
```
TheHopeCentrehascontinuedtowidenitscontactswithinthecommunityandthespaceinthe'UpperRoom'has been
usedincreasinglyformeetingsofothercommunitygroupstoshareinformationanddevelopplanstomeettheneeds of
the Macclesfield community in a more efficient and empathetic way?
```
## `2. 'Thrive4Life'-Mental Health Training`
```
Thepartnershipbetween'Thrive4Life'andtheHopeCentrehascontinuedwiththeupperroombeingusedasthe base
for training.
```
## `3. Church Leaders`
```
TheChurchleadersHaveheldregularmeetings,startingwithbreakfastandthenfollowedbymeetingin theUpper Room
to plan joint activities for the community.
```
## `4, Mayor's Prayer Breakfast`
```
ThisyearthefoodwasprovidedbytheHopeCentreTeam,cateringforapprox.100peopleincluding Representatives
fromMacclesfieldandEastCheshireCouncil,Education,Police,FireService,Businessandlocalcharities,alongwith the
local MP, sharing the very positive work carried out for the benefit of the community.
```
## `5. Youth Activities`
```
" TheHopeCentrehascontinuedtobea basefortheLeaderstomeet.Thereareon average12 ChristianYouth workers
and it serves as an opportunity to share ideas, resources and planning activities for the benefit of YP in the community: -
" Amplifiedamajorworshipeventfor10-17-year-oldsandupwardsof60-100attendatvenuesindifferentchurches in
Macclesfield
```
```
" Implemented a course 'Finding Jesus' for 10-16-year-olds in the Upper Room on Saturday afternoons.
```
## `6. The Homeless`
```
DuringtheyeartherehasbeenanincreasingdemandfromtheHomelessbasedinMacclesfieldandover 250
meals/drinkshavebeenprovided,togetherwithsleepingbagstothosesleepingrough.TheManagementworking with
theCouncilHomelessteamhasassistedmanytofindaccommodationand,incertainspecialcases,assistedsometo have
overnighthotelroomsforindividualsincriticalneed.Thefinancialsupporthasbeenassistedbygiftsprovidedby HC
customers who give and is recorded on a 'Pay it Forward' board.
```
```
.
```
## `7. Listening Ear.`
```
TheManagerandTeamhavecontinuedtolistentothosein needandwhennecessary,redirectedthemforspecialist help
this has been especially for the Homeless and Recovering Addicts.
```
## `8. The Princes /Kings Trust`
```
Ateamofyoungpeople(16-24yearsold)carriedoutaprojectattheHopeCentre,decoratingthegroundand 1st
floorinternallyandexternally(includingthegardenarea).ThishadaverypositivebenefitfortheHopeCentre, but
moreimportantlyfortheWell-Beingandmentalhealthofmanyofthosetakingpart.Whentheprojectended,a number
of them joined as Volunteers.
```
## `9. Women's Turnaround`
```
Women'sTurnaroundhasoperatedintheHopeCentreintheUpperroomeachWednesdayduringthepastyear. It
providesaserviceforwomen,whohaveoffendedinthepastandtheteamtryandhelpthemtoturntheirlives around
and prevent reoffending.
```
```
Page 2
```
```
The Hope Centre in North East Cheshire
```
## **`Report of the Trustees for the Year Ended 28 February 2025`**
## **`OBJECTIVES AND ACTIVITIES`**
## **`Volunteers`**
```
ThenumberofVolunteersduringtheyearaveraged24.Anumbercomingfromthe2ndstageofROAR(Reachout and
recover),individualsrecoveringfromAddictionandalsothePrincesTrust.Trainingwasgivento8individualsin the
Kitchen and Café (to help re-establish them in the community and re-build their self-esteem.
```
```
With the additional support of 5 Trustees, the number of hours provided was 11,500. Estimated value £141,000.
```
## **`FINANCIAL REVIEW`**
## **`Financial position`**
```
The financial report and accounts for the period ending 28 February 2025 are found on page 6.
The charity had a net profit for the year of £8,027 (2024 - deficit of £24,779).
```
```
There was a decrease in sales for the year to £34,487 from £43,308 in 2024.
```
```
Total gifts - donations were £50,630 for 2025. (2024 - £7,485)
```
```
Includedinthetotalgifts-donationsduringtheyearwereaLegacyof£23,658(2024-£nil)andGrantsof £8,044
(2024 - £nil).
```
## **`Reserves policy`**
```
TheTrusteeshavesettheCharity'sunrestrictedreservesataminimumlevelof£9,000tocoveraperiodof3months to
allow payment of rent and salaries to allow an orderly closure.
```
```
At the end of the year the total unrestricted negative reserves held by the charity was £6,887.
```
## **`FUTURE PLANS`**
```
TheTrusteeshaveidentifiedagrowingneedtoprovideincreasedsupporttothecommunity,operatingwithin our
existing objects. It is recognised that for this to be achieved financially we need to:
```
- `-Increase the Café sales.`
- `Gain increased Grant support`
- `Financial giving from supporters`
```
In July2025theHopeCentreManagermovedtoa newrolein theSalvationArmyfocussedonsupportingthe Homeless.
AsaresulttheCentrewillreducethesupportgiventotheHomelessandfocusonnewareasrequiringattentionin our
community.
```
```
AnewManagerwasappointedinJuly2025andhasalreadyidentifiednewareasofneed,followingdiscussions with
community leaders (Social Subscribers). Listed below are the new initiatives, that will be trialled during the year
```
- `Dementia -Music Café`
- `Dementia Disco`
- `Knitting group`
- `Singing & Colouring`
- `Cooking Classes`
- `Life-Skills`
```
Duringthispastyear2024/25theHopeCentrereceivedaGrantforCookingandLifeSkillscourses;theCooking Skills
course has now been successfully launched.
```
```
Inaddition,theHopeCentrewillcontinuetoexploreopportunitiesofworkinginpartnershipwithotherorganisations with
a similar ethos.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by
guarantee, as defined by the Companies Act 2006.
```
## **`Key management remuneration`**
```
None of the Management (Trustees) receives any remuneration.
```
```
Page 3
```
```
The Hope Centre in North East Cheshire
```
## **`Report of the Trustees for the Year Ended 28 February 2025`**
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Related parties`**
```
TheHopeCentrehasnofinancialorlegallinkwithanyotherorganisations,butworkscloselywithHopeinNorth East
Cheshire which represents 39 churches in the community.
```
```
Mr R J Boland, a Trustee, has made loans to the company totalling £26,000 (2024 - £17,000)
```
## **`Risk management`**
```
Thetrusteeshaveadutytoidentifyandreviewtheriskstowhichthecharityisexposedandtoensure appropriate
controls are in place to provide reasonable assurance against fraud and error.
```
```
TheHopeCentreisgovernedbyateamofTrusteeswithaChairmanandDeputy.TheTrusteesmeetbimonthlyto review
thefinancialpositionandreviewplansproposedbytheManager.TheTrusteesalsomeetonceayeartolook ahead
and prepare future plans.
```
```
TheManagerpresentsmonthlyreportstotheTrusteesandmeetswiththeTrusteesbi-monthlytoreviewprogress and
address any key concerns.
```
```
Theorganisationisacharitablecompanylimitedbyguarantee,incorporatedon23rdFebruary2011andregistered as
a charity on 23rd February 2011
```
```
Thecompanywasestablishedunderamemorandumofassociationwhichestablishedtheobjectsandpowersof the
charitable company and is governed under its articles of association.
```
```
Membersofthecharityguaranteetocontributeanamountnotexceeding£1totheassetsofthecharityintheevent of
windingup.ThetotalnumberofsuchguaranteesatYearendwas5(2024:-5).Thetrusteesaremembersofthe charity
but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.
```
```
Alltrusteesgivetheirtimevoluntarilyandreceivenobenefitsfromthecharity.Anyexpensesreclaimedfromthe charity
are set out in note to the accounts.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number`**
```
07540163 (England and Wales)
```
```
Registered Charity number
1140845
```
## **`Registered office`**
```
16-18 Park Lane
Macclesfield
Cheshire
SK11 7NA
```
## **`Trustees`**
```
Mr R J Boland Chair/Treasurer
Mrs M R Tugwood Vice Chair
Mrs D M J Bayley (resigned 19.7.24)
Ms R L Marshall MBE
Rev C N Whiteley
```
## **`Company Secretary`**
```
Mrs D E I Phillips
```
```
Page 4
```
```
The Hope Centre in North East Cheshire
```
## **`Report of the Trustees for the Year Ended 28 February 2025`**
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Independent Examiner`**
```
Harts Limited
Westminster House
10 Westminster Road
Macclesfield
Cheshire
SK10 1BX
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
```
```
....................................................................................
Mr R J Boland - Trustee
```
```
Page 5
```
```
Independent Examiner's Report to the Trustees of
The Hope Centre in North East Cheshire
```
## **`Independent examiner's report to the trustees of The Hope Centre in North East Cheshire ('the Company')`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
28 February 2025.
```
## **`Responsibilities and basis of report`**
```
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)youareresponsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
```
```
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16ofthe2006 Act
andareeligibleforindependentexamination,I reportin respectofmyexaminationofyourcharity'saccountsas carried
outunderSection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationIhavefollowed the
Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
```
## **`Independent examiner's statement`**
```
I havecompletedmyexamination.I confirmthatnomattershavecometomyattentioninconnectionwiththe 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 havenoconcernsandhavecomeacrossnoothermattersin connectionwiththeexaminationtowhichattentionshould be
drawn in this report in order to enable a proper understanding of the accounts to be reached.
```
```
Melissa Bowers FCCA (Senior Statutory Auditor)
```
```
Harts Limited
Westminster House
10 Westminster Road
Macclesfield
Cheshire
SK10 1BX
```
```
Date: .............................................
```
```
Page 6
```
```
The Hope Centre in North East Cheshire
```
## **`Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 28 February 2025`**
|||`28.2.25`|`29.2.24`|
|---|---|---|---|
|||`Unrestricted`|`Total`|
|||`fund`|`funds`|
||`Notes`|`£`|`£`|
|**`INCOME AND ENDOWMENTS FROM`**||||
|`Donations and legacies`||`50,630`|`7,485`|
|`Other trading activities`|`2`|`34,847`|`43,308`|
|`Investment income`|`3`|`6`|`3`|
|**`Total`**||`85,483`|`50,796`|
|**`EXPENDITURE ON`**||||
|`Raising funds`||`75,900`|`73,646`|
|`Other`||`1,556`|`1,929`|
|**`Total`**||`77,456`|`75,575`|
|**`NET INCOME/(EXPENDITURE)`**||`8,027`|`(24,779)`|
|**`RECONCILIATION OF FUNDS`**||||
|`Total funds brought forward`||`(14,914)`|`9,865`|
|**`TOTAL FUNDS CARRIED FORWARD`**||`(6,887)`|`(14,914)`|
```
The notes form part of these financial statements
```
```
Page 7
```
```
The Hope Centre in North East Cheshire
```
## **`Balance Sheet`**
## **`28 February 2025`**
|`28.2.25`
`Unrestricted`
`fund`
`Notes`
`£`
**`CURRENT ASSETS`**
`Stocks`
`9`
`2,745`
`Debtors`
`10`
`373`
`Cash at bank and in hand`
`25,829`
`28,947`
**`CREDITORS`**
`Amounts falling due within one year`
`11`
`(35,834)`
**`NET CURRENT ASSETS/(LIABILITIES)`**
`(6,887)`
**`TOTAL ASSETS LESS CURRENT LIABILITIES`**
`(6,887)`
**`NET ASSETS/(LIABILITIES)`**
`(6,887)`
**`FUNDS`**
`13`
`Unrestricted funds`
`(6,887)`
**`TOTAL FUNDS`**
`(6,887)`|`29.2.24`
`Total`
`funds`
`£`
`4,213`
`1,915`
`3,663`
`9,791`
`(24,705)`
`(14,914)`
`(14,914)`
`(14,914)`
`(14,914)`
`(14,914)`|
|---|---|
```
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006forthe year
ended 28 February 2025.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
28 February 2025 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.`
```
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicabletocharitable companies
subject to the small companies regime.
```
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon .............................................
and were signed on its behalf by:
```
```
.............................................
Mr R J Boland - Trustee
```
```
The notes form part of these financial statements
```
```
Page 8
```
```
The Hope Centre in North East Cheshire
```
## **`Notes to the Financial Statements for the Year Ended 28 February 2025`**
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordancewiththeFinancial Reporting
StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)', Financial
ReportingStandard102'TheFinancialReportingStandardapplicablein theUKandRepublicofIreland'and the
Companies Act 2006. The financial statements have been prepared under the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothefunds,it is
probable that the income will be received and the amount can be measured reliably.
```
```
Incomefromgovernmentandothergrants,whether'capital'grantsor'revenue'grants,isrecognisedwhen the
charityhasentitlementtothefunds,anyperformanceconditionsattachedtothegrantshavebeenmet,it is
probable that the income will be received and the amount can be measured reliably and is not deferred.
```
```
Forlegacies,entitlementistakenastheearlierofthedateonwhicheither:thecharityisawarethatprobate has
beengranted,theestatehasbeenfinalisedandnotificationhasbeenmadebytheexecutor(s)tothecharity that
adistributionwillbemade,orwhenadistributionisreceivedfromtheestate.Receiptofalegacy,inwholeor in
part,isonlyconsideredprobablewhentheamountcanbemeasuredreliablyandthecharityhasbeen notified
oftheexecutor'sintentiontomakeadistribution.Wherelegacieshavebeennotifiedtothecharity,orthe charity
isawareofthegrantingofprobate,andthecriteriaforincomerecognitionhavenotbeenmet,thenthelegacy is
a treated as a contingent asset and disclosed if material.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and
theamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonan accrualsbasisand has
beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.
```
## **`Tangible fixed assets`**
```
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetoveritsestimated useful
life.
```
```
Fixtures and fittings- 20% on cost
```
## **`Stocks`**
```
Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowanceforobsolete and
slow moving items.
```
## **`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.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. 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.
```
## **`Hire purchase and leasing commitments`**
```
RentalspaidunderoperatingleasesarechargedtotheStatementofFinancialActivitiesonastraightline basis
over the period of the lease.
```
```
continued...
```
```
Page 9
```
```
The Hope Centre in North East Cheshire
```
```
Notes to the Financial Statements - continued
for the Year Ended 28 February 2025
```
## **`1. ACCOUNTING POLICIES - continued`**
## **`Donated goods`**
```
Donatedprofessionalservicesanddonatedfacilitiesarerecognisedasincomewhenthecharityhascontrol over
theitem,anyconditionsassociatedwiththedonateditemhavebeenmet,thereceiptofeconomicbenefit from
theusebythecharityoftheitemisprobableandthateconomicbenefitcanbemeasuredreliably.In accordance
withtheCharitiesSORP(FRS102),generalvolunteertimeisnotrecognised;refertothetrustees'annual report
for more information about their contribution.
```
```
Onreceipt,donatedprofessionalservicesanddonatedfacilitiesarerecognisedonthebasisofthevalueof the
gifttothecharitywhichistheamountthecharitywouldhavebeenwillingtopaytoobtainservicesorfacilities of
equivalenteconomicbenefitontheopenmarket;acorrespondingamountisthenrecognisedinexpenditurein the
period of receipt
```
## **`2. OTHER TRADING ACTIVITIES`**
## **`3.`**
|`Sales`
`Other income`
**`INVESTMENT INCOME`**
`Deposit account interest`|`28.2.25`
`£`
`32,757`
`2,090`
`34,847`
`28.2.25`
`£`
`6`|`29.2.24`
`£`
`41,888`
`1,420`|
|---|---|---|
|||`43,308`|
|||`29.2.24`
`£`
`3`|
## **`4. NET INCOME/(EXPENDITURE)`**
```
Net income/(expenditure) is stated after charging/(crediting):
```
||`28.2.25`|`29.2.24`|
|---|---|---|
||`£`|`£`|
|`Auditors' remuneration for non audit work`|`1,556`|`1,929`|
|`Depreciation - owned assets`|`-`|`582`|
|`Other operating leases`|`9,000`|`9,000`|
## **`5. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended28February2025norforthe year
ended 29 February 2024.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended28February2025norfortheyear ended
29 February 2024.
```
```
continued...
```
```
Page 10
```
```
The Hope Centre in North East Cheshire
```
## **`Notes to the Financial Statements - continued for the Year Ended 28 February 2025`**
## **`6. STAFF COSTS`**
```
No employees has employee benefits in excess of £60,000 (2024: Nil).
```
```
The average number of staff employed during the period was 3 (2024: 1).
```
```
Thekeymanagementpersonnelofthecharitycomprisetheboardoftrustees.Thetotalemployeebenefitsof the
key management personnel of the charity were £Nil (2024: £Nil).
```
## **`7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
## **`8.`**
|**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**||
|---|---|
||`Unrestricted`|
||`fund`|
||`£`|
|**`INCOME AND ENDOWMENTS FROM`**||
|`Donations and legacies`|`7,485`|
|`Other trading activities`|`43,308`|
|`Investment income`|`3`|
|**`Total`**|`50,796`|
|**`EXPENDITURE ON`**||
|`Raising funds`|`73,646`|
|`Other`|`1,929`|
|**`Total`**|`75,575`|
|**`NET INCOME/(EXPENDITURE)`**|`(24,779)`|
|**`RECONCILIATION OF FUNDS`**||
|`Total funds brought forward`|`9,865`|
|**`TOTAL FUNDS CARRIED FORWARD`**|`(14,914)`|
|**`TANGIBLE FIXED ASSETS`**||
||`Fixtures`|
||`and`|
||`fittings`|
||`£`|
|**`COST`**||
|`At 1 March 2024 and 28 February 2025`|`5,918`|
|**`DEPRECIATION`**||
|`At 1 March 2024 and 28 February 2025`|`5,918`|
|**`NET BOOK VALUE`**||
|`At 28 February 2025`|`-`|
|`At 29 February 2024`|`-`|
```
continued...
```
```
Page 11
```
```
The Hope Centre in North East Cheshire
```
## **`Notes to the Financial Statements - continued for the Year Ended 28 February 2025`**
|**`9.`**
**`STOCKS`**
`Stocks`
**`10.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`VAT`
`Prepayments and accrued income`
**`11.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Other loans (see note 12)`
`Social security and other taxes`
`VAT`
`Accrued expenses`
**`12.`**
**`LOANS`**
`An analysis of the maturity of loans is given below:`
`Amounts falling due within one year on demand:`
`Other loans`
**`13.`**
**`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`**|`28.2.25`
`29.2.24`
`£`
`£`
`2,745`
`4,213`
`28.2.25`
`29.2.24`
`£`
`£`
`-`
`598`
`373`
`1,317`
`373`
`1,915`
`28.2.25`
`29.2.24`
`£`
`£`
`26,000`
`17,000`
`7,157`
`4,786`
`137`
`-`
`2,540`
`2,919`
`35,834`
`24,705`
`28.2.25`
`29.2.24`
`£`
`£`
`26,000`
`17,000`
`Net`
`movement`
`At`
`At 1.3.24`
`in funds`
`28.2.25`
`£`
`£`
`£`
`(14,914)`
`8,027`
`(6,887)`
`(14,914)`
`8,027`
`(6,887)`
`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`85,483`
`(77,456)`
`8,027`
`85,483`
`(77,456)`
`8,027`|`29.2.24`
`£`
`4,213`
`29.2.24`
`£`
`598`
`1,317`
`1,915`
`29.2.24`
`£`
`17,000`
`4,786`
`-`
`2,919`|
|---|---|---|
|||`24,705`|
|||`29.2.24`
`£`
`17,000`|
|||`At`
`28.2.25`
`£`
`(6,887)`|
|||`(6,887)`|
|||`8,027`|
```
continued...
```
```
Page 12
```
```
The Hope Centre in North East Cheshire
```
```
Notes to the Financial Statements - continued
for the Year Ended 28 February 2025
```
## **`13. MOVEMENT IN FUNDS - continued`**
## **`Comparatives for movement in funds`**
||`Net`||
|---|---|---|
||`movement`|`At`|
|`At 1.3.23`|`in funds`|`29.2.24`|
|`£`|`£`|`£`|
|**`Unrestricted funds`**|||
|`General fund`
`9,865`|`(24,779)`|`(14,914)`|
|**`TOTAL FUNDS`**
`9,865`|`(24,779)`|`(14,914)`|
|`Comparative net movement in funds, included in the above are as follows:`|||
|`Incoming`|`Resources`|`Movement`|
|`resources`|`expended`|`in funds`|
|`£`|`£`|`£`|
|**`Unrestricted funds`**|||
|`General fund`
`50,796`|`(75,575)`|`(24,779)`|
|**`TOTAL FUNDS`**
`50,796`|`(75,575)`|`(24,779)`|
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`At 1.3.23`
`£`
`9,865`
`9,865`|`Net`
`movement`
`in funds`
`£`
`(16,752)`
`(16,752)`|`At`
`28.2.25`
`£`
`(6,887)`|
|---|---|---|---|
||||`(6,887)`|
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,includedintheabove are
as follows:
```
||`Incoming`|`Resources`|`Movement`|
|---|---|---|---|
||`resources`|`expended`|`in funds`|
||`£`|`£`|`£`|
|**`Unrestricted funds`**||||
|`General fund`|`136,279`|`(153,031)`|`(16,752)`|
|**`TOTAL FUNDS`**|`136,279`|`(153,031)`|`(16,752)`|
```
continued...
```
```
Page 13
```
```
The Hope Centre in North East Cheshire
```
```
Notes to the Financial Statements - continued
for the Year Ended 28 February 2025
```
## **`14. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 28 February 2025.
```
```
Page 14
```
```
The Hope Centre in North East Cheshire
```
## **`Detailed Statement of Financial Activities for the Year Ended 28 February 2025`**
|**`Detailed Statement of Financial Activities`**
**`for the Year Ended 28 February 2025`**|||
|---|---|---|
||`28.2.25`|`29.2.24`|
||`£`|`£`|
|**`INCOME AND ENDOWMENTS`**|||
|**`Donations and legacies`**|||
|`Donations and legacies`|`38,365`|`6,547`|
|`Gift aid`|`4,221`|`938`|
|`Grants`|`8,044`|`-`|
||`50,630`|`7,485`|
|**`Other trading activities`**|||
|`Sales`|`32,757`|`41,888`|
|`Other income`|`2,090`|`1,420`|
||`34,847`|`43,308`|
|**`Investment income`**|||
|`Deposit account interest`|`6`|`3`|
|**`Total incoming resources`**|`85,483`|`50,796`|
|**`EXPENDITURE`**|||
|**`Other trading activities`**|||
|`Supplies`|`22,533`|`22,806`|
|`Staff costs`|`28,296`|`27,703`|
|`Other operating leases`|`9,000`|`9,000`|
|`Running expenses`|`12,293`|`11,977`|
|`Equipment`|`2,799`|`457`|
|`Other costs`|`979`|`1,703`|
||`75,900`|`73,646`|
|**`Support costs`**|||
|**`Governance costs`**|||
|`Auditors' remuneration for non audit work`|`1,556`|`1,929`|
|`Total resources expended`|`77,456`|`75,575`|
|**`Net income/(expenditure)`**|`8,027`|`(24,779)`|
```
This page does not form part of the statutory financial statements
```
```
Page 15
```