6[th] December 2023
## **HOPE IN HARINGEY**
## **(HiH)**
**TRUSTEES’ REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2023**
**Charity Number: 1155484**
**Hope in Haringey Trustees’ Report for the year ended 31 March 2023**
The Trustees present their annual report together with the financial statements for 1 April 2022 to 31 March 2023. The Trustees confirm that the annual report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP) 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 2015).
## **Objectives and Activities**
The principal object of the charity is to act as a resource for young people up to the age of 25 living in the London Borough of Haringey. It provides advice and assistance as well as organises physical, educational, and other programmes as a means of:
- a) Advancing in life and helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals
- b) Advancing education
- c) Relieving unemployment
- d) Providing recreational and leisure time activity in the interest of social welfare for people living in the area of benefit who have need, by reason of their youth, age, infirmity or disability, poverty or social and economic circumstances with a view to improve the conditions of life of such persons.
## **Public Benefit Statement**
In producing their assessment of the benefit to the public provided by the charity, the trustees confirm that they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefits, Charities and Public benefit.
## **Activities undertaken and achievements**
## **Current year**
The Trustees are immensely proud of the growth and development of our charity. It began life with a Tottenham-specific focus and has progressed to one which serves the needs of young people from across our borough and beyond. We trust that when you browse this Annual Report you will be struck by many examples which amply demonstrate the commitment of a local, faithbased organisation - devoid of any faith bias - set up to serve the needs of children and young adults aged between four and 24.
Many of our young people in Haringey have faced acute levels of economic deprivation and worsening social conditions having already experienced the Covid-19 pandemic. Added to this have been the many consequences of arguably the most severe cost of living crisis in the history of
**2**
**Hope in Haringey Trustees’ Report for the year ended 31 March 2023**
modern Britain.
However, we refuse to accept despair. Where deprivation, social inequality and a lack of aspiration have been a threat, Hope in Haringey has provided targeted programmes; principally in the areas of counselling, mentoring, youth work, and
key projects and partnerships to match the unbridled scale of ambition and aspiration of our young people.
Under the astute leadership of our Director and Founder, Reverend John Wood MBE and his small, but very dedicated team of staff and volunteers, Hope in Haringey has been able to punch well above its weight.
Between April 2022 a n d 2023, our Counselling programme delivered the equivalent of 31 days per week of early intervention counselling. Our team of 21 Counsellors provided one-to-one counselling to 27 primary and secondary schools and colleges in Haringey.
As an early intervention service, we have also delivered mental health provisions to children and teenagers experiencing emotional, social and psychological difficulties. In total we have delivered some 6300 sessions of counselling over the past year - translating into 2100 sessions per term.
We have recorded great successes through our Mentoring Accelerator Programme. Currently this is part-supported by an £80,000 grant, spanning two years, from the National Lottery Community Fund. Over the course of this first year, we have matched 96 mentees with professional mentors with 60% of our mentees being female. Additionally, this mentor programme reaches partnerships from within and outside of Haringey including: College of Haringey, Enfield and North East London (CONEL); Haringey Gold; Haringey Sixth Form College; Harris Academy Tottenham; Waltham Forest College and the London Academy of Excellence Tottenham (LAET).
As a vital adjunct to our mentoring thrust, Hope in Haringey has hosted more than a dozen career focused events this year. We have engaged close to 700 students in areas such as construction, health and social care, a n d leadership capacity-building. Additionally, our football coaching sessions are currently running at Waltham Forest College where we have established the college's first women's football team- and Harris Academy Tottenham.
One of our largest achievements this year was hosting the very successful Haringey Youth Summit. Hosted at the Tottenham Hotspur Stadium, we brought together 400 people from schools, community groups, businesses and the Metropolitan Police to celebrate the achievements of Haringey's students and to learn from them.
Our main asset to achieve and grow these activities is the social capital we have built through mutual trust and understanding with local communities and organisations. We have done this by actively connecting those who want to help but don't know how with those that need help but don't know how to find it.
Like all organisations, Hope in Haringey must be financially sustainable. To date we have achieved this by balancing our ambitions with the need to maintain prudent reserves and having our activities 'break-even'.
**3**
**Hope in Haringey Trustees’ Report for the year ended 31 March 2023**
We purposefully set aside as much as we can each year to fund new experiments and initiatives. New services such as the Haringey African Schools Partnership are typically trialled for a year from our own reserves in order to show that it delivers visible impact.
It is only once this happens that we begin seeking funding to scale and establish the new activity.
For this model to work we depend on many acts of generosity from those who like what we do and trust us to act as stewards of their money. This allows us to remain independent and true to our purpose. Over the years we have been the fortunate recipients of gifts from individuals, Trusts and organisations who like what we do and want to help us achieve more.
Such broad-based support helps us to demonstrate that we have the trust of the communities we connect and serve which in turn helps us to secure the larger grants when they become available.
## Outlook
In the coming financial year 2023-24 we hope to extend our employability mentoring offer to two locations external to Haringey and London, Langley (Berks) and Derby.
We are planning for a substantial, multi – partnered Youth Summit at the Spurs Stadium next June and an October Educational Symposium with our 8 partner schools in Haringey and sub- Saharan African schools in Central London for the HASP project, to be attended in person and simultaneously live streamed back to East Haringey and Africa.
We will aim to increase the level our financial reserves, maintain tight controls on spending and salaries without restricting ourselves in taking up new opportunities, and pursue a more assertive grant application strategy with a professional partner.
Now that we have a stable manager tier we will actively be recruiting from our mentee pool new HIH interns and youth officers on short term contracts with a commitment to developing their roles and responsibilities as finance and growth allow and demand.
## **Financial Review**
Total incoming resources were £497,858 (2022: £441,849) and resources expended were £552,040 (2022: £392,497).
Incoming resources from charitable activities amounted to £335,677 (2022: £387,833), which all related to school counselling services provided to over 30 schools. In addition, the charity's fundraising income and donations totalled £141,246 (2022: £51,149).
Resources expended on charitable activities including governance costs amounted to £506,829 (2022: £384,005).
## **Reserves policy**
The policy is to always have sufficient funds in hand to meet salaries, fees and other attendant outgoings for 90 days, estimated at £60,000. The balance on the general fund reserve at 31 March
**4**
**Hope in Haringey Trustees’ Report for the year ended 31 March 2023**
2023 was £67,179 (2022: £145,207) which met this criteria. The trustees are working actively to manage the financial resources of the charity in order to sustain this level of reserves.
## **Structure, governance and management**
## **Constitution**
Hope in Tottenham was formally registered as a CIO on 27 January 2014 by the Charity Commission under the registration number 1155484.
If the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
At a Trustee meeting on 26[th ] May 2022 the Trustees agreed to change the name of the Charity to ‘Hope in Haringey’.
## **Method of appointment or election of Trustees**
(a) Apart from the first charity trustees, every appointed trustee must be appointed for a term of three years by a properly convened meeting of the charity trustees.
(b) In selecting individuals for appointment as appointed charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the charity.
## **Board of Trustees**
The Trustees who served during the accounting year were as follows:
Heather Annan
Rev. Alex Gyasi
Anna Lowe
Tonye Philemon
Elizabeth Morris
Resham Mirza
Jeff Skinner, co-Chair
John Stevenson, co-Chair
**5**
**Hope in Haringey Trustees’ Report for the year ended 31 March 2023**
## **Organisational structure and decision making**
## **Number of trustees**
(a) There must be at least three charity trustees. If the number falls below this minimum the remaining trustees or trustee may only act to call a meeting of the charity trustees or to appoint a new charity trustee or trustees.
(b) The maximum number of charity trustees is twelve. The charity trustees may not appoint any charity trustee if, as a result, the number of charity trustees would exceed the maximum. The number and identity of the Trustees is as reported for the 2018 return and all are entered on the registration form.
## **Decision making**
Any decision may be taken either; at a meeting of the charity trustees; or by resolution in writing or electronic form agreed by all of the charity trustees, which may comprise either a single document or several documents containing the text of the resolution in like form to each of which one or more of the charity trustees have signified their agreement.
## **Risk management**
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems and procedures are in place to mitigate our exposure to the major risks.
## **Future developments**
All involved in delivery of the charity's activities are keeping the methods of delivery under constant review in the interests of increased effectiveness and efficiency. The charity will continue to expand the current offering of the counselling service.
## **Independent examination**
An audit is not required under current charity regulations. Instead an independent examination has been carried out by adventus accounting solutions.
This report was approved by the Trustees, on the 6[th] December 2023 and signed on their behalf by:
................................................
## **Jeff Skinner**
Chair of Trustees
**6**
**Hope in Haringey Financial Statements for the year ended 31 March 2023**
## **adventus accounting solutions** Supporting Charitable Organisations
## 6 November 2023
## Independent Examiner’s report to the Trustees of Hope in Haringey Charity no 1155484
I report on the accounts for the period ended 31 March 2023 which are set out on the pages following.
## Respective responsibilities of the Trustees and Independent Examiner
The charity’s trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to
- Examine the accounts under section 145 of the 2011 Act;
- Follow the procedures laid down in the General Directions given by the Charity Commissioners section 145(5)(b) of the 2011 Act; and
- 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 Commission. 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 consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent Examiner’s statement
**7**
**Hope in Haringey Financial Statements for the year ended 31 March 2023**
Since the gross income for the year exceeds the amount provided in section 143(3) of the Act, I confirm that I am qualified to act as an Independent Examiner under the provisions of that section of the Act and that my qualifications are set out as below.
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with section 130 of the 2011 Act; or
- to prepare accounts which accord with these accounting records
- have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Yours sincerely
Martyn Burt B.Sc.(Hons), ACMA, CGMA adventus accounting solutions Ashby Acres Chapel Lane Ashby-cum-Fenby Grimsby DN37 0QT
e-mail: martyn.burt@btinternet.com or adventusaccounting@btinternet.com Telephone: 07523 6229679
**8**
**Hope in Haringey Financial Statements for the year ended 31 March 2023**
## **Statement of Financial Activities**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## **For the year ended 31 March 2023**
|Note
**INCOME AND ENDOWMENTS FROM:**
Donatons and legacies
2a
Charitable actvites
2b
Investments
2c
Other income
2d
**Total income and endowments**
**EXPENDITURE ON:**
Raising funds
3a
Charitable actvites
3b
**Total expenditure**
**Net income/(expenditure) before transfers**
**Transfers between funds**
**Net movement in funds before**
**other recognised gains/(losses):**
Gains/(losses) on revaluaton of fxed assets
Other gains/(losses)|Unrestricted
Funds
£
30,393
308,455
11
20,925
359,783
36,361
401,450
437,811
(78,028)
-
(78,028)|Restricted
Funds
£
110,853
27,222
-
-
138,075
8,850
105,379
114,229
23,846
-
23,846|**Total**
**Funds**
**2023**
**£**
**141,246**
**335,677**
**11**
**20,925**
**497,858**
**45,211**
**506,829**
**552,040**
**(54,182)**
**-**
**(54,182)**
**-**
**-**|Total
Funds
2022
£
51,149
387,833
12
2,856|
|---|---|---|---|---|
|||||441,849|
|||||8,492
384,005|
|||||392,497|
||||||
|||||49,352|
|||||49,352|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing operations.
The statement of financial activities complies with the requirements for an income and expenditure account required.
The notes on subsequent pages form part of these accounts.
**9**
**Hope in Haringey Financial Statements for the year ended 31 March 2023**
## Balance Sheet
As at 31 March 2023
## **BALANCE SHEET**
## **AS AT 31 MARCH 2023**
|Note
**FIXED ASSETS**
Tangible assets
6
**CURRENT ASSETS**
Debtors
7
Cash at bank and in hand
**CREDITORS: Amounts falling**
**due within one year**
8
**Net current assets / (liabilites)**
**Total assets less current liabilites**
**CREDITORS: Amounts falling due**
**afer more than one year**
**TOTAL NET ASSETS**
**FUND BALANCES**
Unrestricted Funds|Total
Tot
Unrestricted
Restricted
Funds
Fun
Funds
Funds
2023
Feb-
£
£
£
£
-
-
-
- ## - ## - ##
20,652
-
20,652
11
75,604
24,846
100,450
165
96,256
24,846
121,102
176
(29,076)
-
(29,076)
(30
67,179
24,846
92,025
146
67,179
24,846
92,025
146
-
-
-
67,179
24,846
92,025
146|Tot
Fun
Feb-
£|
|---|---|---|
|||176
(30|
|||146|
|||146|
|||146|
||||
The financial statements were approved by the Board of Trustees on xxxxxx and signed on their behalf by:
-----------------------
Jeff Skinner, Chair
**10**
**Hope in Haringey Notes to the accounts for the year ended 31 March 2022**
## **1 Accounting Policies**
## **1.1 Basis of preparation of financial statements**
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
These financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.
The presentation currency in these financial statements is sterling and figures are rounded to the nearest pound.
## **1.2 Fund Accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## **1.3 Income**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of income can be measured reliably.
Income tax recoverable in relation to donations received under Gift Aid or deeds of convenant is recognised at the time of the donation, where it is probable the tax recoverable will be received and the amount recoverable can be measured reliably.
Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.
## **1.4 Going concern**
The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
## **1.5 Expenditure**
Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the
**11**
## **Hope in Haringey Notes to the accounts for the year ended 31 March 2022**
obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and support costs involved in undertaking each activity. Direct costs attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
Support costs have been allocated on the basis of staff costs.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the charity. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
## **1.6 Tangible fixed assets and depreciation**
All assets costing more than £1,000 are capitalised.
Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant and machinery – 4 years straight-line basis
Motor vehicles – 25% reducing balance basis
Fixtures and fittings – 5 years straight-line basis
## **1.7 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
## **1.8 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **1.9 Cash at Bank and in hand**
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **1.10 Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
## **1.11 Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently. measured at amoritsed cost using the effective interest method.
**12**
**Hope in Haringey Notes to the accounts for the year ended 31 March 2022**
## **1.12 Pension scheme arrangements**
The charity operates defined contribution pension schemes for its employees, administered independently by Nest. Obligations for contributions to these schemes are recognised as an expense when the liability arises.
## **2. Income**
|2
Income
**a)**
**Donatons and legacies**
Donatons of cash and similar
Other grants receivable
Income tax recoverable
**b)**
**Income from charitable actvites**
Schools Counselling
Youth work
**c)**
**Investment income**
Bank interest
**d)**
**Other income**
Sale of minibus
Sale of fxed assets|Unrestricted
Funds
£
11,454
18,500
439
30,393
276,458
31,996
308,455
11
11
20,925
-|Restricted
Funds
£
20,574
87,944
2,335
110,853
27,222
27,222
-
-
-
-|**Total**
Tot
**2023**
202
**£**
£
**32,028**
2
**106,444**
2
**2,774**
**141,246**
5
**276,458**
38
**59,218**
**335,677**
38
**11**
**11**###
**20,925**
**-**|Tot
202
£
2
2|
|---|---|---|---|---|
|||||5
38|
|||||38|
**Expenditure**
**13**
## **Hope in Haringey Notes to the accounts for the year ended 31 March 2022**
|**c)**
**Investment income**
Bank interest
11
11
**d)**
**Other income**
Sale of minibus
20,925
Sale of fxed assets
-
20,925
**Total income**
359,783
3
Expenditure
**a)**
**Costs of raising funds**
Unrestricted
funds
£
Publicity costs
1,572
Event costs
33,410
Website costs
1,326
Transacton fees
52
36,361
**b)**
**Expenditure on charitable actvites**
Schools
Counselling
£
**Direct costs**
Cost of youth work
-
School counsellors fee
242,667
HiT Projects expenditure
-
**Total direct costs**
242,667
**Support costs**
Charitable donatons
-
Rent and ofce costs
3,747
Insurance
991
Equipment, repairs & maintena
29
Refreshments and hospitality
1,493
Recruitment and training costs
2,489
Printng, postage, and statoner
72
Professional costs
1,114
Bank charges
129
Payroll services
417
Telephone
488
Utlites
101
Computer costs
4,610|-
**11**
12
-
**11**###
12
-
**20,925**
-
**-**
2,856
-
**20,925**###
2,856
138,075
**497,858**
441,849
Restricted
**Total**
Total
funds
**2023**
2022
£
**£**
£
-
**1,572**
4,619
8,850
**42,260**
1,522
-
**1,326**
2,325
-
**52**
25
8,850**###**
**45,211**###
8,492
Youth
**Total**
Total
Work
**2023**
2022
£
**£**
£
44,464
**44,464**
31,595
-
**242,667**
233,916
23,653
**23,653**
68,118
**310,785**
265,510
-
**-**
252
6,661
**10,408**
9,025
1,762
**2,753**
857
51
**80**
60
2,654
**4,148**
2,493
4,424
**6,913**
6,174
129
**201**
65
1,981
**3,095**
4,891
230
**359**
336
742
**1,160**
1,058
867
**1,355**
1,240
180
**281**
344
8,196
**12,806**
2,424|12|
|---|---|---|
|||Total
2022
£
31,595
233,916|
|||265,510
252
9,025
857
60
2,493
6,174
65
4,891
336
1,058
1,240
344
2,424|
**14**
## **Hope in Haringey Notes to the accounts for the year ended 31 March 2022**
|Depreciaton and disposal
Independent Examinaton
DBS costs
**Total support costs**
**Total charitable costs**|-
306
577
70,576
313,243|-
544
1,026
125,468
193,586|**-**
850
1,603
**196,044**
**506,829**|4,908
800
590|
|---|---|---|---|---|
|||||118,495|
|||||384,005|
Support costs have been allocated based on the proportion of staff costs necessary per activity, considered to be 36% Schools Counselling and 64% Youth Work.
## **4. Trustees**
During the year, no Trustees received any remuneration, benefits in kind, or reimbursement of expenses (2022:£NIL).
Donations given by Trustees totalled £240 (2022:£240).
## **5. Staff costs**
During the year, no Trustees received any remuneration, benefits in kind, or reimbursement of e
## **5 Staff**
||**2023**|2022|
|---|---|---|
||**£**|£|
|Wages and salaries|127,698|70,267|
|Employer's Natonal Insurance|8,239|2,849|
No employees received remuneration amounting to more than £60,000 in either year.
The charity’s key management comprise Jeff Skinner, Chair of Trustees, John Wood, Director, and Caroline Ajuna, Counselling Manager.
**15**
**Hope in Haringey Notes to the accounts for the year ended 31 March 2022**
## **6. Tangible fixed assets**
## **6 Tangible fixed assets**
|Cost [or valuaton]
01 April 2022
Additons
Gains / (losses)
Disposals
31 March 2023
Accumulated depreciaton
01 April 2022
Charge for the year
Eliminated on disposal
31 March 2023|Plant and
Machinery
£
1,000
-
-
-
1,000
1,000
-
1,000|Motor
Vehicles
£
31,165
-
31,165
31,165
31,165|Fixtures and
Fitngs
£
1,086
-
-
-
1,086
1,086
-
1,086|Total
2023
£
33,251
-
-
-|
|---|---|---|---|---|
|||||33,251|
|||||33,251
-
-|
|||||33,251|
Net book value
## **7. Debtors**
|**. Debtors**|||
|---|---|---|
|**Falling due within one year:**
Trade debtors
Gif Aid recoverable
Prepayments and accrued
income
**Total debtors**|2023
£
18,317
2,335
-
20,652|2022
£
9,425
1,347
609|
|||11,381|
## **8. Creditors**
|Trade creditors
Other creditors
Accruals
**Total creditors**|2023
£
-
28,226
850
29,076|2022
£
1,297
-
29,378|
|---|---|---|
|||30,675|
**16**
**Hope in Haringey Notes to the accounts for the year ended 31 March 2022**
## **9. Statement of funds**
## **8 Creditors: liabilities falling due within one year**
|Trade creditors
Other creditors
Accruals
**Total creditors**|2023
£
-
28,226
850|2022
£
1,297
-
29,378|
|---|---|---|
||29,076|30,675|
## **9 Statement of funds**
During the year the movements in the charity's funds were as follows:
|**tricted funds**
General funds
**cted Funds**
Counselling|Opening
balance
£
145,207|Incoming
resources
£
359,783|Outgoing
resources
£
(437,811)|Transfers
in the year
£
-|
|---|---|---|---|---|
||-|42,000|(42,000)|-|
## **Unrestricted funds**
## **Restricted Funds**
**Counselling:** A grant restricted to the provision of Schools Counselling.
**David Mason Fund:** For the provision of diversionary sports activities.
**Development Manager:** Funds raised for a staff post, new in 2022.
**Mentoring:** Restricted giving and grants towards the provision of mentoring services.
**Rebranding Event:** Restricted giving towards the rebranding event held in July 2022.
**Rent:** Donation made towards office rental costs.
**Violence Reduction:** Grant given by the Bridge Renewal Trust to fund a violence reduction project
**Youth Summit:** Grant given by the Bridge Renewal Trust to fund youth events.
**Youth work:** This funds the youth programme in Tiverton, Edgecot Grove, and Broadwater Farm Estates.
**Arts Outreach:** A grant from the KP Ladd Charitable Trust was restricted to the Arts Outreach project which took place over the financial years 2020-2021 and 2021-2022.
**17**
## **Hope in Haringey Notes to the accounts for the year ended 31 March 2022**
|Aggregate of funds
**Statement of funds - prior year**
**Unrestricted funds**
General funds
**Restricted Funds**
Arts Outreach
Development Manager
Rent
Violence Reducton
Youth Summit
Youth work|146,207|497,858|(552,040)|-|
|---|---|---|---|---|
||Opening
balance
£
93,806|Incoming
resources
£
409,912|Outgoing
resources
£
(358,511)|Transfers
in the year
£
-|
||2,049
-
-
-
-
1,000|-
9,465
5,897
10,000
6,575
-|(2,049)
(9,465)
(5,897)
(10,000)
(6,575)
-|-
-
-
-
-
-|
## **10. Related party transactions**
None to declare.
**18**