Registered number 1157921
HOPE FAMILY TRUST
Final Accounts
For the period from 1 April 24 to 31 March 25
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HOPE FAMILY TRUST Report and accounts Contents
| Page | |
|---|---|
| Charity information | 3 |
| Trustees' report | 4 |
| Profit and loss account | 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7 |
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HOPE FAMILY TRUST Charity Information
Trustees
Mr Sylvester Ighorue Mr Vincent Wood Mr KEREN-ODY ANUMBA Mr CHIOMA ONYEABOR
Accountants
Ultimate Accounting & Tax Solutions Chartered Accountant
27 Longbridge Road Barking Essex IG118TN
Registered office
Unit 1, Beaver Centre Selinas Lane DAGENHAM, Essex, RM8 1QH
Registered number
1157921
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HOPE FAMILY TRUST Independent Examiner report to the members of Hope Family Trust
I have reviewed the financial information of Hope Family Trust which comprises the Income and Expenditure Account and Balance Sheet for the period from 01 April 2024 to 31 March 2025 from the accounting records and information and explanations you (Trustees) have given to me. You have approved the financial information for the year ended 31 March 2025 and have acknowledged your responsibility for it, for the appropriateness of the accounting basis and for providing all information and explanations necessary for its compilation.
Respective responsibilities of Trustee and Independent Examiner:
As explained more fully in the Statement of Trustees’ Responsibilities, the trustees are responsible for the preparation of the accounts and for being satisfied that they give a true and fair view. We have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me, and I do not, therefore, express any opinion on the financial information.
Arnub Roy MAAT
16 Dec 2025
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Hope Family Trust Income and expenditure Account for the Period ended 31 March 2025
| Gross incoming resources Notes Grant and donations Total expenditure on charitable activities Excess Income over expenditure Governance costs Surplus/(Deficit) for the financial year |
2025 £ 2024 £ 271,289 173,485 (31,394) (22,786) 239,895 150,699 (167,896) (122,174) 71,999 28,525 |
2024 £ 173,485 (22,786) |
|---|---|---|
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Hope Family Trust Balance Sheet as at 31 March 2025 Notes 2025 2024 Non-current assets Plant & Machinery Motor Vehicles Fixtures and Fittings Computer Equipment Total Non-current assets 1,341.60 32,046.4 11,093.6 2,734.40 1,677 4,508 10,567 47,216 20,170 Current Assets Cash al bank and in hand Other Debtors Total Current Assets 164,926 119,042 5,460 164,926 124,502 Current Liabilities Other taxes and social security Other creditors Accruals Total Current Liabilities {22,382) 7,589 114,434} {38 13,463 330 (36,8541 21,382 Net Current Assets 128,072 175,288 103,120 123,290 Net Assets Reserves Restricted Reserve 50,798 124,490 175,288 20,000 103 290 123,290 Unreslricled Reserve Member's Fund Tlie trustees are satisfied thnt the or8anizotiion Is entitLed to exemption fr'om the reqLllI'enient to obtaiii cin audit. Members hove not reciijif.ecl tlie conip<?liy to obtL?in &?n L?iidlt in accord¢qrnce w'.itli secElon 476 of the Act. The trustees acknowlecige tlieir responsibilities foi. complying wi.th the I'equii'enients with r'espect to accoiintiiig recoi'ds ond tlie 5)I'epar?L tion of accourits. Mi" Sylvestei- Iglioi'Lie Trustee ChL?ir Akproved by the boayd on 16 Deceimber 2025
Hope Family Trust Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
Turnover represents the value, net value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
| 2 Surplus/(Deficit) for the financial year At 1 April 2024 Surplus for the year At 31 March 2025 |
2025 £ 103,290 71,999 175,288 |
|---|---|
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3. Tangible Assets
| Plant & Machinery | Fixtures & Fittings | Motor Vehicles | Computer | ||
|---|---|---|---|---|---|
| Equipment | |||||
| Cost | |||||
| Balance as on | 7,081 | 16,221 | 16,380 | 4,950 | |
| 01-04-2024 | |||||
| Additions | - | 3,300 | 35,550 | - | |
| Disposals | - | - | - | - | |
| At 31 March | 7,081 | 19,521 | 51,930 | 4,950 | |
| 2025 | |||||
| Depreciation | |||||
| Accumulated | 5,404 | 5,654 | 11,872 | 1,532 | |
| Dep as on 01- | |||||
| 04-2024 | |||||
| Depreciation | 335.40 | 2,773.40 | 8,011.60 | 683.60 | |
| for the year | |||||
| At 31 March | 5,739.40 | 8,427.40 | 19,883.60 | 2,215.60 | |
| 2025 | |||||
| Net Book | |||||
| value | |||||
| As on 31 | 1,341.60 | 11,093.60 | 32,046.40 | 2,734.40 | |
| March 2025 | |||||
| As on 01 April | 1,677 | 10,567 | 4,508 | 3,418 | |
| 2024 | |||||
| 4. Debtors | 2025 | 2024 | |||
| £ | £ | ||||
| Other Debtors | 0 |
5,460 |
5. Unrestricted funds
Unrestricted funds, £264,289 are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds.
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Hope Family Trust
Detailed income and expenditure account for the year ended 31 March 2025
| the year ended 31 March 2025 | ||||||||
|---|---|---|---|---|---|---|---|---|
| Note Donations Donations 5 Grants Costs incurred for charity activities Purchases Other direct costs Administrative expenses Wages and Salaries Employer’s NI Pensions Governance costs Employee costs: Travel and subsistence Staff training and welfare Entertaining Premises costs: Rent Rates Light and heat Cleaning Use of home Insurance Repairs and maintenance General administrative expenses: Stationery and printing Telephone and fax Internet Postage Information and publications Subscriptions Software Donations given Sundry expenses Depreciation Motor expenses Hire of buildings Legal and professional costs: Advertising and PR Accountancy fees Consultancy fees Other legal and professional Total Expenses Net Surplus |
Unrestricted Funds £ 57,212 64,199 121,411 21,831 9,563 31,394 - - - - 1,685 2,500 0 4,185 0 27 8,793 1,775 0 2,375 1,174 14,144 594 1,431 360 0 0 765 1,303 0 0 11,804 2,939 0 19,196 144 980 0 7,214 8,338 77,257 44,154 |
Restricted Funds £ - 149,877 149,877 - - 88,739 4,333 1,822 94,894 - - 27,138 - - - - - - 27,138 - - - - - - - - - - - - - - - - - - 122,032 27,845 |
Total 2025 £ 57,212 214,076 271,288 21,831 9,563 31,394 88,739 4,333 1,822 94,894 1,685 2,500 0 4,185 27,138 27 8,793 1,775 0 2,375 1,174 41,282 594 1,431 360 0 0 765 1,303 0 0 11,804 2,939 0 19,196 144 980 0 7,214 8,338 199,290 71,999 |
Total 2024 151,885 21,600 173,485 13,663 9,123 22,786 37,772 0 757 38,529 1,379 500 0 1,879 56,319 23 6,324 3,140 0 1,938 1,881 69,625 0 1,578 360 25 0 474 618 0 0 5,042 2,883 0 10,980 112 1,050 0 0 1,162 144,961 28,525 |
||||
| 8,338 | ||||||||
| 77,257 44,154 |
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