2025-08-31-accounts - Hope And Restoration

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HOPE AND RESTORATION

Registered Charity and Company Limited by Guarantee

Financial Statements

For the year ended

31[ST] AUGUST 2025

Company number: 06680061 (England and Wales) Charity number: 1158452

HOPE AND RESTORATION

Year Ended 31[st] August 2025

Company registration number : 06680061 Charity registration number : 1158452

Principal address:

134 Charlton Road London N9 8EU

Directors and Trustees:

Rev. Francis Adu Margaret Thorli Sarah Conteh Shika Larnyo

Governing document

The Company Charity is governed by its memorandum and articles of association.

Bankers: -

Lloyds Bank

Accountant :

TACTS Accountant 61 Fountains Crescent London N14 6BD

HOPE AND RESTOTATION

REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD

31[ST] AUGUST 2025

Contents Trustees Report Independent Examiner’s report Income & Expenditure Balance Sheet Note to the accounts	Pages 4 - 7 8 9 10 11-14

Hope and Restoration: For the Year Ended 31[st] August 2025

Trustees Report

The trustees are pleased to present their annual report for the year ended 31st August 2025, which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 2015).

Governance, Structure and Management

Hope and Restoration is a Company Charity with company number 6680061 governed by its Memorandum and Articles of Association. These are wholly based on the Memorandum and Articles of Association of the charity, which is registered with the Charity Commission (number 1158452). New Directors and Trustees are appointed by a resolution of the Directors passed at a special meeting of the Directors. Officers of the charity (Chairperson, Vice-Chairperson, Treasurer and Secretary) are elected by members at the Annual General Meeting and inducted by fellow Directors and Trustees and the Co-ordinator.

The overall management of finance is the responsibility of all the Trustees acting on the recommendations of the Chairman, the Treasurer and the Secretary and the advice of the Coordinator. The Trustees form the Management Committee, which meets at least quarterly.

CHARITABLE OBJECTS:

TO PROMOTE THE RELIEF OF UNEMPLOYMENT FOR THE PUBLIC BENEFIT IN SUCH WAYS AS MAY BE THOUGHT FIT, INCLUDING ASSISTANCE WITH WORK PLACEMENTS, JOB SEARCHES, JOB APPLICATION, CV WRITING, EMPLOYMENT SUPPORT AND AFTER-CARE
TO PROMOTE THE RELIEF OF POVERTY AMONG ECONOMICALLY AND/OR SOCIALLY DISADVANTAGED PEOPLE MAINLY BUT NOT LIMITED TO LONE PARENTS, YOUNG PEOPLE NOT IN EDUCATION, EMPLOYMENT OR TRAINING (NEET), JOB SEEKERS, LOW INCOME EARNERS AND THOSE WITH LITTLE OR NO QUALIFICATIONS ("THE BENEFICIARIES") THROUGH THE PROVISION OF EDUCATION, TRAINING AND EMPLOYMENT SUPPORT TO ENABLE THESE INDIVIDUALS SEEK SUSTAINABLE EMPLOYMENT OR SELF EMPLOYMENT AND BECOME SELF-SUFFICIENT.
TO OTHERWISE ADVANCE EDUCATION AND TRAINING FOR THE BENEFICIARIES, OR THE WIDER PUBLIC AS MAY BE DETERMINED, THROUGH THE PROVISION OF ACCREDITED COURSES TO INCREASE THEIR SKILLS, KNOWLEDGE, ABILITIES AND CONFIDENCE.

. Our Volunteers

Hope and Restoration is deeply rooted in the community and relies significantly on voluntary support. During the year, 2 dedicated volunteers supported the organisation’s ongoing activities. The Trustees extend their sincere gratitude for their commitment, loyalty, and valuable contributions.

Objectives and Aims

The charity’s primary objective is to support and improve the lives of disadvantaged individuals by equipping them with the skills, confidence, and opportunities needed to thrive.

Public Benefit

The Trustees confirm that they have complied with their duty under the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.

Risk Management

The Trustees have established a comprehensive risk management strategy which includes:

An annual review of principal risks and uncertainties
The development of policies, systems, and procedures to mitigate identified risks
• The implementation of measures to manage and minimise the impact of risks should they arise

Risks are continuously monitored, reported to the Trustees, and addressed through appropriate action.

Activities

The organisation’s core activities focus on delivering skills development workshops, employment support, and work placement opportunities for unemployed individuals, job seekers, low-skilled individuals, and those not in education, employment, or training (NEET).

These programmes are designed to build confidence, skills, and personal awareness, enabling progression into employment, self-employment, or further education.

Programmes delivered include:

Certificate in Classroom Assistant
Personal Development Workshops
Business Enterprise Awareness
Employability Skills Training
Financial Management Training
One-to-One Mentoring Support
Start-Up Business Guidance
Certificate in Enterprise Mentoring

The organisation successfully delivered all activities during the year, supported by funding from Enfield Voluntary Action TPI Grant and the London Community Foundation.

Key Achievements and Performance

The past 12 months to 31st August 2025 have been another strong and productive year for the organisation. The charity successfully met its aims and objectives, achieving, and in many cases exceeding, its project targets.

Funding received played a critical role in sustaining operations and expanding reach to more disadvantaged individuals and communities.

During 2024-2025, the organisation received funding from Awards for All to support 90 beneficiaries through:

Cost-of-living crisis support
Financial management and resilience training
Emergency coaching and mentoring for anxiety and stress
Assistance with welfare benefits forms for non-English speakers
Guidance on energy costs and independent payments
Provision of refreshments and travel expenses to encourage participation

Additionally, the Teaching Assistant and Business Start-Up Skills Training

Programme supported 90 single fathers, men, lone parents, and women aged 50+, equipping them with the skills to gain employment, register businesses, and pursue self-employment opportunities.

The Work Placement Scheme continued to perform strongly, exceeding targets and strengthening partnerships with local employers, contributing to wider community development.

These achievements reflect the dedication and collaborative efforts of the Board, management, staff, volunteers, funders, and partners.

Financial Review

Income for the period was £29,503 (2023-24: £5,024). After expenditure, a surplus of £16,350 was recorded (2023-24: -£4,634).

Future Plans

The organisation will continue to focus on fundraising to support its programmes and respond to identified community needs.

Future priorities include:

Expanding fundraising strategies
Securing contracts for programmes such as The Shane Project partnership.
• Delivering additional capacity-building and training initiatives through diverse funding streams

Statement of Directors’ and Trustees’ Responsibilities

Under the Companies Act 2006, Directors are required to prepare financial statements that give a true and fair view of the organisation’s financial position and performance.

They are also responsible for maintaining accurate accounting records and ensuring the charity operates effectively.

Charity Trustees, also known as Directors, Board Members, or Committee Members, hold ultimate responsibility for ensuring the organisation is:

Properly governed
Financially sustainable
Effectively managed
Delivering on its charitable objectives

Acknowledgement

On behalf of the Board, we extend our sincere thanks to the management team, staff, and volunteers of Hope and Restoration for their dedication and hard work.

We also express our gratitude to our funders and partners, whose continued support enables us to sustain and grow our impact within the community.

On behalf of the board of trustees and directors:

Sarah Conteh

(Secretary)

Date: 30/03/2026

Independent examiner’s report to the trustees of Hope and Restoration

I report on the accounts of the company for the year ended 31[st] August 2025, which are set out on pages 9 to 14.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) 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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. The charity’s gross income exceeded £25,000 and I am qualified to undertake the examination by being a qualified member of the Association of Chartered Certified Accountants.

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 Commission (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 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

In connection with my examination, no matter has come to my attention to indicate that:

• accounting records have not been kept in accordance with section 386 of the Companies Act 2006;

the accounts do not accord with such records:

• where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting requirements under section 396 of the Companies Act 2006, or are not consistent with the Charities SORP (FRS102)

any matter which the examiner believes should be drawn to the attention of the reader
to gain a proper understanding of the accounts.

Tacts Accountant

Date: 30/03/2026 Chartered Certified Accountant

TACTS Accountant, 61 Fountains Crescent, London, N14 6BD


HOPE AND RESTORATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD			ENDED 31 AUGUST 2025
INCOMING RESOURCES Donations Incoming resources from charitable activities National Lottery Community Fund School For Social Enterprise London Borough of Enfield Income from services Other income TOTAL INCOMING RESOURCES RESOUCES EXPENDED Expenses in Charitable Activities Salary Costs Sessional Workers Rent and Venue Hire Refreshments Website Development Training Costs Volunteers and Travel Expenses Publicity and promotions Equipment and IT Support Beneficiary Allowance and Materials Insurance Office expenses Professional fees TOTAL RESOUCES EXPENDED Net Incomings and Outgoings Resources BALANCE BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD	Unrestricted Funds £ 1,424 - - 1,500 6,589 - 9,513 - 2,900 1,500 283 - 1,704 467 68 715 345 291 1,195 - 9,469 44 44		Restricted Funds £ - 19,990 - - - - 19,990 768 1,801 - - 63 57 - - 331 - - 64 600 3,684 16,306 -		Total Funds 2025 £ 1,424 19,990 - 1,500 6,589 -	Total Funds 2024 £ 1,810 - 700 1,500 976 38


					29,503		5,024
					768 4,701 1,500 283 63 1,761 467 68 1,046 345 291 1,259 600		4,750 289 1,500 290 301 683 5 55 - 236 461 838 250
					13,153		9,658
					16,350	(4,634)
					44	4,678

		88		16,306	16,394	44

The statement of financial activities for the above financial year. All incoming resources and resources expended are derived from continuing activities.

(The notes attached form part of these financial statements.)

HOPE AND RESTORATION

BALANCE SHEET AS AT 31st	AUGUST 2025	AUGUST 2025
Fixed Assets Current Assets: Debtors Cash at Bank and In Hand Current Liabilities: Creditors: Amount falling due within one year: Accruals & Creditors Net Assets As Represented By Unrestricted Fund Restricted Fund Total Funds	Notes (9) (7) (8) (5)	£ 2025 FUNDS - - 16,994 600 16,394 88 16,306 16,394	£ 2024 FUNDS - - 294 250
			44
			44 -
			44

The directors are satisfied that the company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477, and that no member or members have requested an audit pursuant to section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

The accounts were approved by the Directors on 30/03/2026 and signed on their behalf by:

………………………......... ……………………………….

Sarah Conteh Margaret Thorli Secretary and Trustee Director and Trustee

HOPE AND RESTORATION Year Ended 31[st ] August 2025

Notes to the accounts

1.1 Accounting convention

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a) Basis of preparation

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Hope and Restoration meet the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

b) Preparation of the accounts on a going concern basis

The Charity trustees are of the view that measures taken subsequent to the year-end to reduce operating costs and successful in applying for continuation funding have secured the immediate future of the Charity for the next 12 to 18 months and that on this basis the charity is a going concern.

1.2 Fund structure

Fund accounting unrestricted funds are available to spend on activities that further any of the purposes of charity particular areas of the charity’s work. The charity did not have any designated funds in this financial year.

1.3 Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably, and it is probable that the income will be received.

1.4 Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes VAT as the Charity is exempt from registration for VAT and therefore is reported as part of the expenditure to which it relates.

1.5 Tangible fixed assets and depreciation

Depreciation is provided to write off the cost, of all fixed assets over their expected
Useful life.
No Fixed assets in this financial year

1.6 Cash Flow Statement

The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the grounds that the charity is small.

2. Taxation

Hope and Restoration is a registered charity and is not liable for corporation tax on its income under section 505 of the Income and Corporation Taxes Act 1988 to the extent that it is applied to its charitable activities.

3. Support Cost

Allocation of support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, and governance costs which support the Charity activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 11.

4 . Hope and Restoration is a registered charity and company limited by guarantee without a share capital.

5. Restricted Fund Analysis

National Lottery Com. Fund Total Funds	Balance at 1st September 2024 Incoming resources Outgoing resources Balance at 31st August 2025 £ £ £ £ - 19,990 3,684 16,306
	- 19,990 3,684 16,306

Purpose of restricted fund : To provide Educational, capacity building training and employability support for beneficiaries.

6. Staff Costs

Wages and Salaries	2025 £ 1,536 1,536	2024 £ 4,750
		4,750

The total numbers of employees were 1 (Part-time) in this year. None of the employees received emoluments in excess of £60,000 in the year or the previous year. Director/trustee was paid a remuneration of £1,536 during this financial year for specialised work. Number of self-employed workers were 1.

7. Debtors

Debtors Other debtors . Creditors & Accrual Professional Fees Total Creditors and Accruals		2025 £ - 2025 £ 600 600		2024 £ - 2024 £ 250


				250

8. Creditors & Accrual

9. Tangible Fixed Assets

9. Tangible Fixed Assets
	Equipment
	£
At Cost	1,099
	1,099
Depreciation:
At 1 September 2023	1,099
Charge for the year	-
At 31 August 2025	1,099
NET BOOK VALUE
At 31 August 2025	-
At 30 August 2024	-
10. Charitable Expenditure

At Cost Depreciation: At 1 September 2023 Charge for the year At 31 August 2025 NET BOOK VALUE At 31 August 2025 At 30 August 2024 10. Charitable Expenditure	At Cost Depreciation: At 1 September 2023 Charge for the year At 31 August 2025 NET BOOK VALUE At 31 August 2025 At 30 August 2024 10. Charitable Expenditure	Equipment £ 1,099	Equipment £ 1,099	Equipment £ 1,099	Equipment £ 1,099	Equipment £ 1,099	Equipment £ 1,099	Equipment £ 1,099	Equipment £ 1,099
		1,099
		1,099 -
		1,099
		-
		-

Expenses in Charitable Activities Salary Costs Sessional Workers Rent and Venue Hire Refreshments Website Development Training Costs Volunteers abd Travel Expenses Publicity and promotions Equipment and IT Support Beneficiary Allowance and Materials Insurance Office expenses Professional fees TOTAL RESOUCES EXPENDED 11. Support and Governance Costs Insurance Office expenses Professional fees Total Support & Governance			Restricted Funds £ 1,536 1,033 - - 63 57 - - 331 - - 64 600 3,684 Governance £ 291 - 600 891		Total Funds 2025 £ 1,536 3,933 1,500 283 63 1,761 467 68 1,046 345 291 1,259 600			Total Funds 2024 £ 4,750 289 1,500 290 301 683 5 55 - 236 461 838 250


						13,153			9,658
							Total £ 291 1,259 600 2,150
	1,259			891