## **HOPE HOUSE ESSEX**
## Charity number 1149067 Company registration number 08166581
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025**
## **HOPE HOUSE ESSEX**
## **LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2025**
||Page|
|---|---|
|Legal and administrative information|1|
|Trustees Annual Report|2-3|
|Independent Examiners Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the financial statements|7 - 11|
## **HOPE HOUSE ESSEX**
## **LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2025**
|**Charity number**|1149067|
|---|---|
|**Company registration number**|08166581|
|**Registered Office**|43 Manor Street|
||Braintree|
||Essex|
||CM7 3HP|
|**Trustees**|Anthony Britten|
||Nadine Hendrie|
||James George Douglas Mackay|
||Alan Peters (appointed as Director 16 April 2024)|
|**Secretary**|Daniel Burdge|
|**Bankers**|HSBC|
||Great Square|
||Braintree|
||CM7 1TX|
||CAF Bank|
||25 Kings Hill Avenue|
||Kings Hill|
||West Malling|
||Kent|
||ME19 4JQ|
|**Independent Examiners**|Community360|
||Winsley's House|
||High Street|
||Colchester|
||Essex, CO1 1UG|
**1**
## **HOPE HOUSE ESSEX**
## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025**
We are a charity to help the homeless and to break the cycle of homelessness
## **How we operate**
We provide accommodation for the homeless in two shared houses in the centre of Braintree. Both are registered Houses of Multiple Occupation (HMOS). Both houses have a capacity of four bedrooms and can accommodate four adults of either sex.
We provide a support worker for each resident and work with them to address the issues that led to them becoming homeless, signposting them to other agencies and services as is appropriate to their needs. In this year due to operational challenges we only had 3 approaches for help from homeless people from 1/4/2024 to 29/4/2024 we then did not accept any further referrals as we needed the houses to be vacant. We welcomed 1 new resident and 7 moved on, some to social housing and others to private rentals or other accommodation this figure is higher than usual due to us needing to have the houses vacated, the last resident moved out in October 2024. This was to enable them to be sold or rented due to lack of finance. From 1st January 2025 both our houses were rented by CHESS Homeless charity and were used by the homeless until the end of the financial year.
Many of our ex-residents keep in contact and attend the Hope House community meal on a Wednesday. We have been unable due to the financial climate to raise substantial funding and have had to make cutbacks to staff and focus on the Hope House Community support aspect of our work.
## **Critical incidents**
We have had no critical incidents this year though the lack of funding has resulted in us being unable to provide and staff supported accommodation directly and have worked with CHESS homeless charity who have rented our two houses and have been able to provide supported accommodation to the homeless.
## **Community Support and aftercare. Hope House Community (HHC)**
Hope House Community (HHC) Offers ongoing support to our residents when they move on, this is provided by an open invitation to the weekly Hope House community meal at the Elim Church, the attendance at this meal is open to all, there are also home visits and they can telephone, text or email us or come to the office for a diverse range of support. We had seen a growing number of people dropping into the office for support. To meet this need we offered community support at the Elim church Coffee morning Mondays 10-12 and then on Tuesday 13th July 2024 we launched the Hope House Community Drop in 10-4pm at Food & More (Food Bank Shop) in the centre of Braintree. This has been very successful and in January 2025 we discontinued the Elim Church drop in session.
## **Financial matters**
Both of our houses have a mortgage and there are associated domestic service costs in running the houses. Funding comes from a range of sources. However with the current financial situation, unsuccessful trust fund bids and lack of fundraisers our funds became
**2**
## **HOPE HOUSE ESSEX**
## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025**
seriously depleted and we took a 3 month payment holiday from our mortgage and made staff redundant. We were contacted by a firm of solicitors and told that we would be receiving £50,000 from a legacy at the end of the financial year we have not received this. We negotiated the rental of our houses to CHESS Homeless Charity which covers our mortgage and staff costs.
## **Human Resources**
We have reduced our employees from 3 to 1 in this period with some casual employment. We have 3 Trustees who volunteer and take on a variety of roles. We have a good volunteer base who staff the Community meal mainly.
## **Public Benefit**
We continue to have a significant impact in the lives of our residents, ex residents and other Community contacts established through the weekly Hope House Community meal and the Hope House Community Drop ins. We support and signpost those with addictions and mental health needs to appropriate agencies such as Open road, AA and rehabs. Helping them get to appointments and to attend groups. We are actively engaged with the local secondary mental health services. This results in less chaotic and more regulated lives that are not so needy. We work closely with Braintree Council and other statutory and voluntary organisations in the local homeless sector.
## **Future Plans**
We are planning to merge Hope House Essex with CHESS Homeless Charity 1093901in the coming year so that they may continue the provision of supported accommodation in Braintree for the homeless and local community support.
Anthony Britten Chair of Trustees Hope House Essex, 43 Manor St, Braintree, Essex, CM73HP
4th December 2025
**3**
## **HOPE HOUSE ESSEX**
## **LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2025**
I report on the accounts of Hope House Essex for the year ended 31 March 2025 which are set out on pages 5 to 11.
## **Respective responsibilities of trustees and examiner**
The Charity’s Trustees are responsible for the preparation of the accounts. The Charity’s Trustees consider that an audit is not required for this year (under section 144 (2) of the Charities Act 2011 (The Act) but that an independent examination is needed.
It is my responsibility to:
- Examine the accounts under section 145 of the Charities Act,
- To follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Charities Act, and
- To state whether particular matters have come to my attention.
## **Basis of independent examiner’s Statement**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes considerations of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiner’s statement**
In the course of my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair' view which is not a matter considered as part of an independent examination.
I have 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.
David Courtier FMAAT AATQB for and on behalf of: Community360
Winsley’s House, High Street, Colchester, Essex
Date 10th December 2025
**4**
## **HOPE HOUSE ESSEX**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025**
|**Unrestricted**
**funds**
**Notes**
**£**
**Incoming resources**
**Incoming resources from generating funds:**
Donations and legacies
**2**
14,323
Charitable activities
Activities for generating funds
**3**
34,416
Other trading income
**4**
1,138
Other income
468
**Total incoming resources**
50,345
**Resources expended**
**Cost of generating funds:**
Charitable activities
**5**
81,457
Cost of raising funds
**6**
247
**Total resources expended**
81,705
**Net income for the year**
(31,360)
Transfer between funds
1,200
Total funds brought forward
389,388
Total funds carried forward
**359,228**|**Restricted**
**funds**
**£**
5,000
-
-
-
5,000
9,887
-
9,887
(4,887)
(1,200)
6,386
**299**|**2025**
**Total**
**£**
19,323
34,416
1,138
468
55,345
91,344
247
91,592
(36,247)
-
395,774
**359,527**|**2024**
**Total**
**£**
19,439
97,525
1,223
41|
|---|---|---|---|
||||118,228|
||||118,544
1,078|
||||119,622|
||||(1,395)
-
397,169|
||||**395,774**|
The notes on pages 7 - 11 form an integral part of these financial statements.
**5**
## **HOPE HOUSE ESSEX**
## **BALANCE SHEET AS AT 31 MARCH 2025**
|**Notes**
**Fixed assets**
Tangible assets
**7**
**Current assets**
Debtors
**8**
Cash at bank and in hand
**Current liabilities**
Amounts falling due within one year
**9**
**Net current assets/(liabilities)**
**Total assets less current liabilities**
**Long term liabilities**
Amounts falling due after one year
**10**
**Total net assets**
**Funds**
Restricted funds
**11**
Unrestricted funds
**11**
Revaluation reserve
**Total funds**|5,247
3,577|**2025**
**£**
630,000
(9,348)
620,652
261,125
**359,527**
299
223,228
136,000
**359,527**|2,753
35,763|**2024**
**£**
630,000
23,453|
|---|---|---|---|---|
||8,824
18,172||38,515
15,063||
||||||
|||||653,453
257,679|
|||||**395,774**|
||||||
|||||6,386
253,388
136,000|
|||||**395,774**|
For the year ended 31 March 2025 the company was entitled to the exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors declare that they have approved the accounts above.
Signed
Date 4th December 2025
Anthony Britten
**6**
## **HOPE HOUSE ESSEX**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **1 General information**
Hope House Essex is a charitable company, limited by guarantee, registered in England and Wales. It's principle office address is 43 Manor Road, Braintree, Essex, CM7 3HP.
## **1.1 Accounting policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
## **1.2 Basis of accounting**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement on 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). (Charities SORP), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Cash flow statements**
The financial statements do not include a cash flow statement because the charity, as a small reporting entity, is exempt from the requirement to prepare such a statement under Financial Reporting Standard 1
## **1.3 Fund accounting**
- Unrestricted funds are avaliable for use at the discretion of the Directors in furtherance of the general objectives of the charity. These include the general and designated funds.
- Restricted funds are subject to restrictions on their expenditure imposed by the donor, or contained in the terms of a grant.
## **1.4 Incoming resources**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.
Income from investments is included in the year in which it is receivable.
## **1.5 Resources expended**
Expenditure is recognised on a accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, which is reported as part of the expenditure to which it relates
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **1.6 Tangible fixed assets and depreciation**
Fixed assets are stated at cost, including initial transfer-in-value, less accumulated depreciation. The cost of minor additions is not capitalised, neither are property refurbishment costs.
## **1.7 Going concern**
The trustees continue to consider their financial position to determine if the organisation can continue as a going concern. They are reviewing their options in the next financial year to enable their objectives to continue.
**7**
## **HOPE HOUSE ESSEX**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **1.8 Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income and or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **1.9 Critical accounting estimates and judgements**
In the application of the charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
There are no critical accounting estimates or judgements in the financial statements.
## **2 Donations and legacies**
|Donations & legacies
**3**
**Income from charitable activities**
Grant income
Lettings income
Bank interest
**4**
**Income from fundraising**
Fundraising events|**Unrestricted**
**funds**
**£**
14,323
**14,323**
**Unrestricted**
**funds**
**£**
-
34,387
29
**34,416**
**Unrestricted**
**funds**
**£**
1,138
**1,138**|**Restricted**
**funds**
**£**
5,000
**5,000**
**Restricted**
**funds**
**£**
-
-
-
**-**
**Restricted**
**funds**
**£**
-
**-**|**2025**
**Total**
**£**
19,323
**19,323**
**2025**
**Total**
**£**
-
34,387
29
**34,416**
**2025**
**Total**
**£**
1,138
**1,138**|**2024**
**Total**
**£**
19,439|
|---|---|---|---|---|
|||||**19,439**|
|||||**2024**
**Total**
**£**
46,450
50,995
79|
|||||**97,525**|
|||||**2024**
**Total**
**£**
1,223|
|||||**1,223**|
**8**
## **HOPE HOUSE ESSEX**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **5 Resources expended: charitable activities**
|**Unrestricted**
**funds**
**£**
Employee costs
39,491
Mortgage interest
17,217
Rates
2,994
Refurbishments
3,205
Storage fees
880
Food
52
Client support costs
565
Utilities
5,982
Insurance
1,194
Postage, stationery & telephone
3,059
Other admin expenses
1,166
Sundry
4,403
Travel and parking
385
Legal & professional
fees
865
**81,457**
**6**
**Resources expended: cost of raising funds**
**Unrestricted**
**funds**
**£**
PR & fundraising
expenses
247
**247**
**7**
**Tangible fixed assets**
**Cost**
As at 1 April 2024
Revaluation
As at 31 March 2025
**Depreciation**
As at 1 April 2024
Charge for the year
At 31 March 2025
**Net book values**
At 31 March 2025
At 31 March 2024|**Restricted**
**funds**
**£**
843
-
-
3,000
500
4,269
1,271
-
-
-
-
4
-
-
**9,887**
**Restricted**
**funds**
**£**
-
**-**|**2025**
**Total**
**£**
40,334
17,217
2,994
6,205
1,380
4,321
1,836
5,982
1,194
3,059
1,166
4,407
385
865
**91,344**
**2025**
**Total**
**£**
247
**247**
**Buildings**
**£**
630,000
-
630,000
-
-
-
**630,000**
**630,000**|**2024**
**Total**
**£**
63,523
23,448
2,913
1,182
1,055
5,308
1,539
5,505
2,986
3,506
1,138
3,700
1,667
1,074|
|---|---|---|---|
||||**118,544**|
||||**2024**
**Total**
**£**
1,078|
||||**1,078**|
||||**Total**
**£**
630,000
-|
||||630,000|
||||-
-|
||||-|
||||**630,000**|
||||**630,000**|
**9**
## **HOPE HOUSE ESSEX**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
|**8**
**9**
**10 **
**11 **|**Debtors**
Prepayments
**Creditors: amounts falling due**
**within one year**
Accruals
Trade Creditors
Other Creditors
**Creditors: amounts falling due after more than one year**
Mortgage commitments
**Fund balances**
**Movement in funds**
**At**
**Incoming**
**01/04/24**
**resources**
**£**
**£**
**Restricted funds**
Councillor Fund - HHC
-
750
Walter Farthing Trust
3,000
-
Earls Colne WI
225
-
Mulberry Trust
-
-
B&Q Foundation
4
-
ECF - Phone fund
1,200
-
The Tudwick Foundation
603
-
Co-op - Business Development
554
-
Unsworth Sugden
465
-
L B Associates
-
1,000
Eastlight Community - Meal fund
1,250
Braintree District Council - Meal fund
1,000
Parry Family Charitable Foundation
334
1,000
**6,386**
**5,000**
**Unrestricted funds**
General Funds
373,902
50,345
Housing Benefit
-
-
**373,902**
**50,345**
**Total funds**
**380,287**
**55,345**|**Debtors**
Prepayments
**Creditors: amounts falling due**
**within one year**
Accruals
Trade Creditors
Other Creditors
**Creditors: amounts falling due after more than one year**
Mortgage commitments
**Fund balances**
**Movement in funds**
**At**
**Incoming**
**01/04/24**
**resources**
**£**
**£**
**Restricted funds**
Councillor Fund - HHC
-
750
Walter Farthing Trust
3,000
-
Earls Colne WI
225
-
Mulberry Trust
-
-
B&Q Foundation
4
-
ECF - Phone fund
1,200
-
The Tudwick Foundation
603
-
Co-op - Business Development
554
-
Unsworth Sugden
465
-
L B Associates
-
1,000
Eastlight Community - Meal fund
1,250
Braintree District Council - Meal fund
1,000
Parry Family Charitable Foundation
334
1,000
**6,386**
**5,000**
**Unrestricted funds**
General Funds
373,902
50,345
Housing Benefit
-
-
**373,902**
**50,345**
**Total funds**
**380,287**
**55,345**|**Debtors**
Prepayments
**Creditors: amounts falling due**
**within one year**
Accruals
Trade Creditors
Other Creditors
**Creditors: amounts falling due after more than one year**
Mortgage commitments
**Fund balances**
**Movement in funds**
**At**
**Incoming**
**01/04/24**
**resources**
**£**
**£**
**Restricted funds**
Councillor Fund - HHC
-
750
Walter Farthing Trust
3,000
-
Earls Colne WI
225
-
Mulberry Trust
-
-
B&Q Foundation
4
-
ECF - Phone fund
1,200
-
The Tudwick Foundation
603
-
Co-op - Business Development
554
-
Unsworth Sugden
465
-
L B Associates
-
1,000
Eastlight Community - Meal fund
1,250
Braintree District Council - Meal fund
1,000
Parry Family Charitable Foundation
334
1,000
**6,386**
**5,000**
**Unrestricted funds**
General Funds
373,902
50,345
Housing Benefit
-
-
**373,902**
**50,345**
**Total funds**
**380,287**
**55,345**|**Outgoing**
**resources**
**£**
(452)
(3,000)
(225)
-
(4)
-
(603)
(554)
(465)
(1,000)
(1,250)
(1,000)
(1,334)|**2025**
**Total**
**£**
3,599
1,648|**2024**
**Total**
**£**
1,105
1,648|
|---|---|---|---|---|---|---|
||||||**5,247**|**2,753**|
||||||**2025**
**Total**
**£**
340
3,702
14,130|**2024**
**Total**
**£**
460
473
14,130|
||||||**18,172**|**15,063**|
||||||**2025**
**£**
261,125|**2024**
**£**
257,679|
||||||**Transfers**
-
-
-
-
-
(1,200)
-
-
-
-
-
-|**At**
**31/03/25**
**£**
298
-
-
-
-
-
-
-
-
-
-
-
-|
|||**6,386**|**5,000**|**(9,887)**|**(1,200)**|**299**|
|||373,902
-|50,345
-|(81,705)
-|1,200
-|343,742
-|
|||**373,902**|**50,345**|**(81,705)**|**1,200**|**343,742**|
||||||||
|||**380,287**|**55,345**|**(91,592)**|**-**|**344,041**|
The Restricted Funds as reported, are those funds that the trustees may only spend on particular purposes of the charity.
**10**
## **HOPE HOUSE ESSEX**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025**
## **12 Previous year statement of activity**
|**Previous year statement of activity**|||
|---|---|---|
|**Unrestricted**
**funds**
**Notes**
**£**
**Incoming resources**
**Incoming resources from generating funds:**
Donations and legacies
18,439
Charitable activities
Activities for generating funds
68,575
Other trading activities
1,223
Other income
41
**Total incoming resources**
88,278
**Resources expended**
**Cost of generating funds:**
Charitable activities
81,984
Cost of raising funds
1,078
**Total resources expended**
83,062
**Net income for the year**
5,215
Revaluation of property
-
Total funds brought forward
384,173
Total funds carried forward
**389,388**|**Restricted**
**funds**
**£**
1,000
28,950
-
-
29,950
36,560
-
36,560
(6,610)
-
12,996
**6,386**|**2024**
**Total**
**£**
19,439
97,525
1,223
41|
|||118,228|
|||118,544
1,078|
|||119,622|
|||(1,395)
-
397,169|
|||**395,774**|
## **13 Staff**
During the year ended 31 March 2025, there were 2 members of employed staff (2024 - 3).
No staff member earned over £60,000 during the year ended 31 March 2025. No key management personnel received more than £60,000 during the year.
## **14 Related Parties**
During the year, there were no related party transactions.
## **15 Trustee remunerations**
No trustees received remunerations for their time working with the organisation.
## **16 Post balance sheet events**
Hope House Essex are exploring the option to merge with another organisation in the next financial year due to lack of funding and donations, but to allow the objectives and aims to continue. At the date of signing these accounts, no merger contracts had been exchanged.
**11**