e
## Annual Report and Financial Statements
For the year ended 31[st] October 2021
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Registered Charity Number 1159213
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_Making a difference every day_
## **Contents**
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Contents Page Number
Trustees annual report 1 to 13
Independent examiners report 14
Statement of financial activities 15
(Including income & expenditure)
Balance sheet 16
Notes to financial statements 17 to 32
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**Objectives and Activities**
The Trustees are pleased to present their Annual Trustees’ Report together with the financial statements of the charity for the year ended the 31[st] of October 2021.
The financial statements comply with the Charities Act 2011, the Memorandum of Articles of Association, and the Accounting and Reporting by Charities; Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable to the UK and Republic of Ireland (FRS 102) (effective 1[st] January 2019).
Hospitality and Hope is a charitable incorporated organisation, it’s objective is to bring hope to the local community through;
The relief of poverty, sickness and distress amongst vulnerable people in South Tyneside, including those who are homeless or at risk of homelessness. Delivered by the provision of funds, goods, or services of any kind as the Trustees from time to time may think fit, including (but not by way of limitation) by the operations of a soup kitchen, foodbank and wider support services.
The relief of those in need by reason of age, ill health, disability, financial hardship or any other social or economic disadvantage in such ways as the Trustees from time to time may think fit (but not by way of limitation) by the promotion and provision of or assistance with the provision of accommodation and/or supported accommodation appropriate to their needs: and
To further such other purposes being exclusively charitable according to the laws of England and Wales as the Trustees may from time to time think fit.
During the period 1[st] of November 2020 to the 31[st] of October 2021 the regular activities of Hospitality and Hope were.
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Chai House South Tyneside
supported living unit Foodbank
Hampden Street
Operations Centre
Financial and Projects to support
emotional wellbeing food insecurity
services
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1
## **Achievements and Performance**
Hospitality and Hope is a home‐grown charity. For over 20 years we have focussed on bringing relief to those in the community of South Tyneside who are suffering the effects of living with high levels of deprivation.
With the support of our community, funders and grant making foundations the charity expanded in 2016 with the addition of a supported housing unit and café. Since this time, we have raised over 2 million pounds for the delivery of essential support to over 42,000 people living in one of the most deprived communities in the country.
Following our emergency response to the COVID pandemic, in which we supported our community as they faced increased levels of financial and emotional hardship, we have spent the past twelve months working to develop plans on how we will further support our community as they face a life with increased levels of deprivation and financial hardship.
> We have strengthened our **community insight** to better understand those factors that are driving high levels of
> deprivation in South Tyneside. Using this information, we have developed an **ambitious** and **innovative** three‐
> year strategic plan, with the aim of **bringing sustainable and positive change** for our community.
> As we enter our third decade, we want to ensure that Hospitality and Hope remains the **provider of choice** for those who need a helping hand. However, we have also been mindful that our involvement in achieving a positive impact for our community, in South Tyneside, cannot be delivered in isolation. During the past year we have significantly extended our partnerships working; and by collaborating with others we have begun to develop services that bring impact for and make a difference to our community.
Our three year strategic plan provides the foundation stone on which we are building another significant step change in the way we work and the services that we provide. This has brought renewed energy, drive and commitment to take a preventative approach. We are working hard to understand our community’s needs, bring lived experience to the design of services and be mindful of what works best to bring long term sustainable change for our community.
> Over the past twelve months we have developed the **South Tyneside Empowering People (STEP)** project which is our new wellbeing service that aims to improve our community’s emotional, financial and physical wellbeing. A critical element of our wellbeing service has been the partnership with Age Concern Tyneside South who provide
> our newly established **Debt and Welfare Benefit Advice Service** .
Our supported housing offer has been further developed with the **Passport to Independent Living** programme. This provides individually tailored housing and support services to vulnerable homeless men, bringing stability into their life, so that they can develop essential life skills and successfully move into an independent lifestyle.
> Our support to those living in food insecurity has been enhanced by our involvement in the statutory **Holiday and Activities Programme** in which we supported children at risk of hunger, during the school holidays. Additionally
> our **Christmas food campaigns** provided families with a Christmas day meal. This work will be further
> strengthened in 2022 with the opening of a **Community Shop** that will provide people with access to food support in a dignified and social way.
This report contains more information on the success of Hospitality and Hope over the past twelve months and our ambitions for the future. We hope that our journey inspires you as much as it does for our team of volunteers, Trustees and staff.
2
## **5,587** people supported
During the 2020/21 business year we met our strategic priority of extending our community reach.
This work was primarily achieved in partnership with local schools who assisted us to identify those families who needed a helping hand and would not necessarily reach out for support.
## **3,059** children
## **2,528** adults
_‘Thank you for dropping off the gift vouchers and also thank you and your colleagues so much for all of the support and help that you have given to our families throughout the year’._
_It has been such a difficult year for everyone, some more than others, financially and emotionally. Your amazing service makes such an impact and we cannot thank you all enough. Please never underestimate the difference you are making in our community’._
School Teacher.
3
**Tackling Food Poverty**
## 47.3 tonne of stock donated
47.5 tonne of stock distributed
Food insecurity continues to be a daily challenge for our community. In 2020/21 our South Tyneside Foodbank experienced another busy year with the number of people needing our help maintaining the increase seen at the beginning of the pandemic. Without the support of our community, supermarket partners (particularly ASDA) and local businesses we would simply not be able to make a difference every day to those who need a helping hand.
We supported 3,800 people who are living in food insecurity.
We know that needing food support brings a stigma that our team work hard to help the individual overcome. We also refer people for support to address the issues that impact negatively on their life; including our own wellbeing service and debt advice service. The self‐referral route for food support, implemented during COVID, continues to be used well and this will remain during 2021/22.
It is pleasing to see that as the world returned to work this year, our agency referral levels have increased to pre covid levels.
_Thank you for the support I received today it really meant a great deal to me in more ways than been able to put a meal on the table._
_With regards to speaking to Ian that is something I will certainly do. It felt so good not having the door shut in my face for the first time in what feels like a long long time._
_I felt a genuine feeling for my well‐being from the moment I was greeted in the foyer off the lady and the gent on duty. Which has given me faith that I'm moving in a direction needed to get back on track, Thank you ever so much._
Food bank beneficiary
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Adult/Child
Adult Child
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Family Type
Family Single person Couple
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South Tyneside has seen an increase in the number of children living in food insecurity. This has been mirrored in our service with families and children now representing 43% and 40% respectively.
4
## **Reducing Homelessness**
Located in Laygate, South Shields, Chai House is a 5 bedroom property regulated by South Tyneside Council as a large House of Multiple Occupancy (HMO), but that is where the similarity ends with other HMO’s in the area.
The services provided at Chai House are more representative of a supported living unit and have been enhanced over the past twelve months with the support of grants from the Coalfields Regeneration and the Ringtons Foundation. Our team are specialists in the field of supported housing, they provide more than 60 hours support each week, delivered 7 days per week.
Whilst Chai House has been successful and brought positive impact to some residents, we have found that others find the move from a fully supported living environment into mainstream housing to a be a huge leap that can challenge their confidence to live well independently. This has, in the past, led to some regression back into a supported housing environment.
This evidence leads us to believe that we would better serve those in our community who present with long term complex needs if we developed a whole system approach to addressing their homelessness and improving their independent living skills.
To achieve this, we have developed a ‘Passport to Independent Living’ programme that will expand our service offer and deliver structured support across the full spectrum of a person’s transition from homelessness to full independent living.
During the 202/21 financial year, Chai House has supported 13 adult males who required support due to homelessness, addictions or poor mental health.
5
The success of our new approach is clear. In 2020/2021 residents have benefited from both a group work and one to programme of activity that has improved their emotional, physical and financial wellbeing.
Work has also focussed upon the development of vocation skills and training with **24 vocational qualifications** being achieved in the year.
Residents have also benefited from intensive one to one support sessions. These have been delivered to provide tailored and individualised support that increased residents’ personal resilience enabling them to gain the confidence to move forward positively with their lives. Examples include:
- Increased compliance with treatment services.
- Increased parental access visits to children.
- Accessing counselling to address the impact of historical bereavement.
- Accessing services to improve poor mental health.
- Increased financial resilience.
_Residents and staff on a photography group work session_
The impact of this work is best summed by the words of a resident who had lived a life in prison and temporary accommodation, until successfully completing a stay with us:
_**‘there is now hope of a normal life ahead of me’.**_
## **One of our Success Stories**
Mr C came to us in December 2020. He was originally from Liverpool but following a custodial sentence he made the decision not to return to his home area, due to family issues and relationships breakdowns, and moved to South Tyneside.
Mr C showed self‐determination and the personal ambition and drive to want to succeed, to get a job and to develop his financial management skills and independent life skills. However, shortly after his tenancy commenced Mr C suffered a close family bereavement. This impacted on his mental health and he was understandably very low. At this time Mr C started reconnecting and repairing relationship with family in Liverpool, which proved to be a positive step in managing his grieving process.
With the help of a grant Coalfields Rgeneration, we were able to provide additional and intensive support for Mr C assisting with self‐refer to Lifecycles a mental health and bereavement support group. Staff also spent a huge amount of time supporting Mr C emotionally and promoting his emotional wellbeing.
With support Mr C attended educational courses developing a career pathway through health and safety, moving and handling, and numeracy and literacy. As a result of the Coalfield grant we secured support for Mr C in preparing job applications, developing interview skills and provided a suit. This gave Mr C the confidence to apply for a job vacancy, in the local area.
On the 28[th] May 2021 Mr C entered employment, having been selected from a group of 42 applicants. This gave Mr C the belief that his life was changing for the better and he then decided he was ready to move into his own accommodation and start a fresh chapter in his life.
Mr C continues to benefit from distant outreach support and remains in touch with staff.
6
## **Improving Community Wellbeing**
We know that living with multiple levels of deprivation impacts negatively on an individual’s health and wellbeing, increasing their social isolation and creating a disconnect with their community support networks.
The COVID pandemic has impacted significantly on our community who are already suffering the effects of long term deprivation.
In 2021 the Trustees invested in the delivery of their priority to improve community wellbeing. In July we appointed a Wellbeing Manager with the aim of accelerating the development of our wellbeing strategy.
## **Improving Community Wellbeing**
_We will provide innovative and forward‐thinking wellbeing services that impact positively on the emotional, financial and physical wellbeing of those most in need, enabling them to live a comfortable, healthy and happy life._
Much work has been undertaken to develop our **South Tyneside Empowering People (STEP)** project, with our first wellbeing hub being opened in Chichester in November 2021. Following consultation with the community, local schools and other agencies we commenced our first Chatty Café providing support for those who are isolated and in need of social support, and a cooking on a budget programme for parents who have asked for support to better manage their finances and cook healthily. The impact of this work has been significant and reinforces the need for such services within our community.
_‘This has been a brilliant and life changing experience. Before attending the cooking on a budget and the café I was receiving weekly support from Talking Therapies. The skills that I have gained and friendships that I made have given me the confidence to say I don’t need the support of Talking Therapies. Thank you, Kerry Bell and the team at Hospitality and Hope, you are all truly brilliant’._
Wellbeing beneficiary
- Reduced social isolation
- Increase community connectivity
Linked to our wellbeing strategy, during 2021 we have been talking to people about the best way we can assist them to live free from food insecurity and provide the support they need to feel connected with their own community.
- Reduce debt
- Increase household finance
- Reduce isolation
- Increase social capital
This work led us to identify the need for a **Community Shop** that will provide a dignified way to receive food support and establish an anchor in the community at which people can connect together and develop the support services that meet their needs.
- Reduce food insecurity
- Increase healthy eating
With the support of the Virgin Money Foundation, we will open our first Community Shop in 2022 and a second one in 2023.
7
## **Making a difference everyday ‐ Projects**
This year has proved to be particularly exciting as we worked to bring our three‐year strategic plan and priorities to life.
A critical development has been the partnership working with our local schools, who serve some of the most deprived areas in South Tyneside. They have enabled us to target our support to those families who need it most. This has extended our community reach and strengthened our reputation as a provider of choice.
## 1787 beneficiaries supported
1055 Children
## 732 adults
Our achievements span four core projects:
In partnership with the Community Foundation, Dicksons Family Butchers and Fresh and Fruity Grocers we provided 100 families with a Christmas meat and vegetable voucher. This enabled families, 180‐adults and 340 children, to enjoy a Christmas day meal.
In partnership with the National Lottery Community Fund (COVID‐19) we delivered a £50 Asda voucher to support 200 families with their weekly shop. This was targeted at those families who did not receive an Easter school holiday voucher and supported 424 adults and 499 children.
In partnership with South Tyneside Council, we delivered a Holiday Activities and Food Programme during the school holidays. We supported 216 children with a weekly food hamper and activities. Over the 6 weeks we distributed 12 tonnes of food and provided 6,480 hot lunches.
_‘Can I just say on behalf of myself, my two sons and my mam a massive thank you to you and your team. You really made our Christmas special and took away the worry of how we were going to afford Christmas dinner and the treats that go with it. We had a lovely day and hope that your team did too. You are doing an outstanding job and I will always be grateful for the help you gave my family’._
## (Beneficiary)
_‘It has been such a difficult year for everyone, some more than others, financially and emotionally. Your amazing service makes such an impact and we cannot thank you all enough. Please never underestimate the difference you are making in our community’_
(Head Teacher)
Working with the Trussell Trust and in partnership with Age Concern Tyneside South we established a welfare benefit and debt advisory service. This service achieved a high take up rate, demonstrating the seriousness of financial deprivation in our area, and recovered £202,000 in lost benefit and written off debt. This project returned £20 in community benefit for each £1 invested.
recovered in £202,000
benefit payments & written off debt
8
## **Financial review**
The results for the year and the charity’s financial position at the end of the year are shown in the attached financial statement.
During the year the charity had an income of £487,756 of which £161,206 was restricted (2020: £371,080 of which £208,949 was restricted) and expenditure of £386,687 of which £166,737 was restricted (2020: £324,029 of which £224,064 was restricted). *These figures include the value of donated and distributed food supplies.
There was an operating surplus in the year of £101,069 of which a deficit of £18,931 was restricted (2020: surplus £47,051 of which of a deficit of £15,115 was restricted).
On the 31[st] of October 2021 the charity had net assets of £823,758 of which £510,450 was restricted (2020: £722,689 of which £529,381 was restricted). * The 2020 total net asset has been revised to include the value of donated stock held in the South Tyneside foodbank.
The funds of the charity includes £501,671 which is the book value of the freehold land and building at Laygate, which houses our supported living unit; and £30,251 which is the book value of stock in hand held within the South Tyneside Foodbank.
## Employees
At the start of this financial year, the Trustees appointed a new Chief Executive Officer, who brings significant senior leadership experience to Hospitality and Hope.
During the year the Trustees have carefully reviewed the staffing structure to ensure that the charity is resourced to deliver against its strategic priorities.
1 Full time Wellbeing Manager
0.3 FTE Wellbeing Officer
0.6 FTE Food Service/Volunteer Co‐ordinator 0.5 FTE Foodbank Administrator 0.8 FTE Food Logistics Officer
0.3FTE Administrator
0.8 FTE Housing Manager
0.6 FTE Housing Officer
|Financial risk reserve|Designated contingency|
|---|---|
|Income reserve
(6 months operating cost)|£142,000|
|Cessation reserve
(foreclosure)|£52,000|
|Adversity reserve
(Unexpected event)|£15,000|
|Opportunity reserves|Designated contingency|
|Working capital reserve
(Funding planned initiatives)|£15,000|
|Opportunity reserve
(Funding new initiative)|nil|
|Total risk reserve 2021/22|£224,000|
## Annual Reserves Policy
Hospitality and Hope is a Charitable Incorporated Organisation (CIO), its trustees have a legal duty to:
- Act in the interests of the charity and its beneficiaries.
- Protect and safeguard the assets of the charity
- Act with reasonable care and skill.
- Ensure the charity is accountable.
At the end of this financial year the Trustees reviewed their reserves policy & risk appetite to ensure that the Board can robustly;
- Identify and mitigate areas of financial risk, including potential cashflow issues.
- Inform strategic decisions, including whether to fund new activities from reserves.
- Develop the annual budget, including whether excess reserves can be spent.
9
## **The year ahead**
**Energy prices Food costs Taxation Fuel Household bills**
We are no less ambitious in our future priorities; this is driven by the rising levels of deprivation within our community. A situation we know will become increasingly complex due to the current fiscal climate and the impact this brings to a community already struggling to make end meet.
“It horrifies me that we have people who are really struggling and will increasingly struggle in the coming year, I think we will see more and more of a demand for food support in our own communities.
_Cllr Ruth Berkley – East Shields and Whitburn Community Area Forum_
## **In 2021/22 we will deliver against the following strategic priorities**
## **Improving Community Wellbeing**
- Secure the funds to extend our debt advisory service so that we can reach more people in need of financial support.
- Explore the potential of partnering with others to take a preventative approach to aged person loneliness.
- Extend our structured and client centred wellbeing programmes within areas of high need.
## **Reducing Homelessness**
- Developing a ‘good tenant ‘ training programme that equips and accredits our supported living residents for mainstream housing.
- Further expand our supported living accommodation.
- Develop the ‘good tenant’ programme for those in the community struggling to maintain their tenancy and at risk of homelessness.
## **Tackling Food Poverty**
- Explore the potential of partnering with others to take a preventative approach to aged person food poverty.
- To act as signposters and advocates; supporting those in food crisis to seek support and stability in their life.
- Seeking the funding and creating the partnerships necessary to open a second community shop.
- Increasing our community reach via enhanced community engagement and social media, bringing the lived experience to service design.
- Expand our understanding of the drivers of deprivation and by working in partnership with others we will bring this intelligence to local strategy and policy makers; and bring influence to commissioning frameworks and service design.
10
## **A big thank you to our supporters.**
Our success and the positive impact that we bring to so many in our community is not delivered in isolation.
Without the continued and generous support from our community, funding bodies and charitable foundations we would simply not be able to make a difference very day.
So, on behalf of our Volunteers, Trustees and staff we would like to say a heartfelt thank you.
**‘Alone We can do so little. Together We can do so much’.** _Helen Keller, author and political activist._
## **Thank You to**
The Trussell Trust TW & N Community Foundation South Tyneside Council The Finn Family Fund The Grocers’ Charity The WA Handley Charity Trust The Money Saving Expert Charity Roy and Pixie Baker Charitable Trust Coalfields Regeneration Trust Archer Trust The Hedley Denton Charitable Trust Sir James Knott Trust Greggs Foundation NE South Tyneside Holiday Activity and Food Programme Gisela Graham Foundation The Sylvia and Colin Shepherd Charitable Trust National Lottery Community Fund The 1989 Willan Charitable Trust Durham Community Foundation The Joicey Trust Sherburn House Charity Sir John Priestman Charitable Trust Albert Hunt J.M. Kennair Garfield Weston Foundation The CO‐OP food fund Ringtons Foundation Limited The Ballinger Charitable Trust Dr Tony Trapp South Tyneside Community Area Forums The Mirianog Trust The WO Street Charitable Trust SERCO Foundation Muckle LLP William Webster Charitable Trust J Fenwick
……and to all in our community who supported us with donations throughout the year.
11
**Reference and administrative details of the charity, its trustees and advisors**
**Registered charity name** Hospitality and Hope **Charity number** 1159213 **Registered office** Hampden Street Operations Centre Hampden Street South Shields Tyne & Wear NE33 4JR T **rustees and Members of the Board** Pauline Tinnelly (Chair) Sue Chilton (Treasurer) Sir David Chapman BT Peter Maloney Ann Rodgers – resigned 17.02.22 Sarah Green David Wheatley – resigned 5.11.20 Louise Lydon – appointed 21.10.21 **Chief Executive and Senior staff members** Brian Thomas **Independent Examiner** Doug Maltman FMAAT Connected Voice Business Services Ltd Higham House Higham Place Newcastle upon Tyne. NE1 8AF.
## **Bankers**
HSBC 110 Grey Street Newcastle Upon Tyne Tyne & Wear NE1 6JG
12
## **Structure, governance and management**
## **Recruitment and Appointment of the Board**
## **Board Induction and Training**
New Board Members are introduced to the work of the organisation and informed of their legal roles and responsibilities at an induction meeting. The induction and training programme for new Board Members includes:
- A briefing by the Chair or Chief Executive
- An explanation of roles and responsibilities as a Board Member
- Copies of the main charity documents including the Memorandum and Articles of Association and the Financial Statements
- Copy of the business plan and most recent evaluation report
- Copies of recent board papers including budgets and management accounts
- A copy of the Charity Commission publication "How to be an Effective Trustee"
- A copy of the governance structure.
## **Statement of Trustee Responsibilities**
The trustees are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity SORP requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of incoming resources and application of resources, including the receipts and payments of the charity for that year. In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees on 25.07.2022 and signed on their behalf by:
P Tinnelly Chair
13
## **HOSPITALITY AND HOPE CIO**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES**
For the year ended 31 October 2021
I report on the financial statements of Hospitality and Hope CIO for the year ended 31 October 2021, which are set out on pages 15 to 32.
## **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 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.
The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a Fellow Member of the Association of Accountancy Technicians.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, 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 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 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.
Doug Maltman FMAAT Connected Voice Business Services Ltd Higham House Higham Place Newcastle upon Tyne NE1 8AF Date: 26.07.2022
14
## **HOSPITALITY AND HOPE CIO**
## **STATEMENT OF FINANCIAL ACTIVITIES**
For the year ended 31 October 2021
|6
7
Other trading activities
8
**Expenditure on:**
9
10
Raising funds
Operation of the charity
**_Total expenditure_**
**_Net movement of funds_**
Charitable activities
Transfers between funds
**_Total income_**
Donations and legacies
**Income from:**
Charitable activities
Grants and contracts
Notes
**_Total funds carried forward_**
**Reconciliation of funds**
Total funds brought forward
**_Net income/(expenditure) before_**
**_transfers_**|Unrestricted
Funds
£
136,916
189,294
340
326,550
12,870
207,080
219,950
106,600
13,400
120,000
193,308
313,308|Restricted
Funds
£
-
96,842
64,364
161,206
-
166,737
166,737
( 5,531 )
( 13,400 )
( 18,931 )
529,381
510,450|**Total**
**2021**
**£**
**136,916**
**286,136**
**64,704**
**487,756**
**12,870**
**373,817**
**386,687**
**101,069**
**-**
**101,069**
**722,689**
**823,758**|Total
2020
restated
£|
|---|---|---|---|---|
|||||107,543
178,367
85,170|
|||||371,080|
|||||-
324,029|
|||||324,029|
|||||47,051
-|
|||||47,051
675,638|
|||||722,689|
The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
The notes on pages 17 to 32 form an integral part of these accounts.
15
Charity Number 1159213
## **HOSPITALITY AND HOPE CIO**
## **BALANCE SHEET**
As at 31 October 2021
|**£**
**Fixed assets**
Tangible assets
17
**_Total fixed assets_**
**Current assets**
Stock
18
-
Donated food stock
19
30,251
Debtors
20
8,036
Cash at bank and in hand
21
292,091
**_Total current assets_**
**330,378**
**Creditors:**amounts falling due within
one year
22
**( 14,798 )**
**_Net current assets_**
**_Total assets less current liabilities_**
**Creditors:**amounts falling due after
more than one year
23
**-**
**_Total net assets or liabilities_**
**Funds of the charity**
Unrestricted income funds
Restricted income funds
**_Total funds_**
Chair
These financial statements were approved by the Board on:
and are signed on its behalf by:
P Tinnelly
Notes|**£**
**Fixed assets**
Tangible assets
17
**_Total fixed assets_**
**Current assets**
Stock
18
-
Donated food stock
19
30,251
Debtors
20
8,036
Cash at bank and in hand
21
292,091
**_Total current assets_**
**330,378**
**Creditors:**amounts falling due within
one year
22
**( 14,798 )**
**_Net current assets_**
**_Total assets less current liabilities_**
**Creditors:**amounts falling due after
more than one year
23
**-**
**_Total net assets or liabilities_**
**Funds of the charity**
Unrestricted income funds
Restricted income funds
**_Total funds_**
Chair
These financial statements were approved by the Board on:
and are signed on its behalf by:
P Tinnelly
Notes|**Total**
**2021**
**£**
508,178
**508,178**
**315,580**
**823,758**
**823,758**
313,308
510,450
**823,758**
25.07.2022|**£**
20
30,589
14,715
250,600
**295,924**
**( 70,898 )**
**( 10,000 )**|**Total**
**2020**
**restated**
**£**|
|---|---|---|---|---|
|||||507,663|
|||||**507,663**
**225,026**|
|||||**732,689**|
|||||**722,689**|
|||||193,308
529,381|
|||||**722,689**|
||||||
||||||
||||||
16
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2021
## 1 **Accounting Policies**
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## 2 **Basis of accounting**
## 2.1 **Basis of preparation**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts 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 2019) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Hospitality and Hope CIO meets the definition of a public benefit entity under FRS 102.
## 2.2 **Preparation of the accounts on a going concern basis**
The charity reported total unrestricted funds at the year end of £313,308 and has already secured a significant amount of funding for the current year. The trustees are of the view that the immediate future of the charity for the next 12 months is secure and that on this basis the charity is a going concern.
The COVID-19 pandemic, has put pressure on all businesses in 2020-21. It should be noted that the trade debtors have been received and the creditors are being paid when the payments are falling due. With the deferred income being held for the activities during 2020-21.No other significant events affecting the Charity since the year end.
## 3 **Income**
## 3.1 **Recognition of income**
Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability
## 3.2 **Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.
## 3.3 **Grants and donations**
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.
## 3.4 **Volunteer help**
The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.
17
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2021
## 3.5 **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.
## 3.6 **Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.
## 4 **Expenditure and liabilities**
## 4.1 **Liability recognition**
Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## 4.2 **Charitable activities**
Expenditure on charitable activities includes the costs of work and other activities undertaken to further the purposes of the charity and their associated support costs.
## 4.3 **Governance and support costs**
Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.
## 4.4 **Irrecoverable VAT**
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## 4.5 **Creditors**
The charity has creditors which are measured at settlement amounts less any trade discounts.
## 4.6 **Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.
18
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2021
## 5 **Assets**
## 5.1 **Tangible fixed assets for use by the charity**
Individual fixed assets costing £250 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis.
Office and computer equipment 25% straight line Laygate property furniture 25% straight line Freehold land and buildings straight line over 50 years
19
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2021
## **Analysis of income**
|6
7|**Donations and legacies**
**Charitable activities**
Income from grants
Albert Hunt Trust
Balance C/fwd
Donated goods for distribution to recipients
WO Street Charitable Trust
J Kennair
Garfield Weston Foundation
TW&N Community Foundation - Co-op Food
Coalfields Regeneration Trust
Donations and gifts
Gift Aid
Other
Cultural Spring
Muckle LLP - Café
Sir John Priestman
South Tyneside Council - CAF
TW&N Community Foundation
Hedley Denton
MSE - Foodbank
Greggs Foundation
County Durham Community Foundation -
Sherburn House Charity
TW&N Community Foundation - Cookery Course
TW&N Community Foundation - Ringtons
Tenants rent
South Tyneside Council - Foodbank
Ballinger Charitable Trust - Staffing
Sir James Knott Trust - Staffing
1989 Willian Charitable Trust - Café
Gisela Graham Foundation
South Tyneside Council - Local Restrictions
CAF - Foodbank
Miranog Trust
Joicey Trust
Grocers Charity
South Tyneside Council - Business Continuity
Serco Foundation
William Webster Charitable Trust
Community Foundation - Covid-19
Greggs Hardship Grant|Unrestricted
Funds
£
55,665
79,937
-
1,314
136,916
20,000
-
3,000
5,000
-
4,000
7,621
8,000
-
-
530
53,500
-
-
-
-
-
1,000
-
-
-
-
-
-
-
-
-
-
-
-
25,000
-
-
127,651|Restricted
Funds
£
-
-
-
-
-
-
570
-
-
6,000
-
-
-
-
4,840
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
5,591
9,945
26,946|**Total**
**2021**
**£**
**55,665**
**79,937**
**-**
**1,314**
**136,916**
**20,000**
**570**
**3,000**
**5,000**
**6,000**
**4,000**
**7,621**
**8,000**
**-**
**4,840**
**530**
**53,500**
**-**
**-**
**-**
**-**
**-**
**1,000**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**25,000**
**5,591**
**9,945**
**154,597**|Total
restated
2020
£|
|---|---|---|---|---|---|
||||||42,012
62,530
745
2,256|
||||||107,543|
||||||15,000
-
10,000
-
-
-
-
-
2,871
-
-
41,000
9,790
5,366
843
1,525
5,000
1,000
5,500
7,000
10,000
1,000
4,500
12,500
20,000
2,000
2,000
10,000
1,000
5,000
-
-
-|
||||||172,895|
20
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2021
## Income from grants (continued)
|Balance B/fwd
8
**Other trading activities**
Room Hire
Supported Living Accommodation
residents
Laygate café
Fundraising events
HMRC Job Retension Grant
South Tyneside Council - (Summer) HAF
Sylvia & Colin Shepherd Charitable Trust
Trussell Trust - Financial inclusion
National Lottery Community Fund
J Fenwick
Finn Family Fund
Archer Trust
Dr. Tony Trapp
Roy & Pixie Baker Charitable Trust
W A Handley Charitable Trust
Charitable Trust|Unrestricted
Funds
£
127,651
600
1,000
2,000
10,000
2,000
2,000
2,000
32,400
500
3,632
-
5,511
189,294
140
200
-
-
340|Restricted
Funds
£
26,946
-
-
-
-
-
-
-
-
-
41,928
27,968
-
96,842
-
-
64,364
-
64,364|**Total**
**2021**
**£**
**154,597**
**600**
**1,000**
**2,000**
**10,000**
**2,000**
**2,000**
**2,000**
**32,400**
**500**
**45,560**
**27,968**
**5,511**
**286,136**
**140**
**200**
**64,364**
**-**
**64,704**|Total
restated
2020
£|
|---|---|---|---|---|
|||||172,895
-
-
-
-
-
-
-
-
-
-
-
5,472|
|||||178,367|
|||||1,545
200
61,740
21,685|
|||||85,170|
Income was £487,756 (2020: £371,080) of which £326,550 was unrestricted or designated (2020: £162,131) and £161,206 was restricted (2020: £208,949)
21
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2021
## **Analysis of expenditure on charitable activities**
|9
10|**_Raising funds_**
**_Charitable activities_**
Direct costs
Support costs
Balance C/fwd
Donated goods distributed to recipients
Food bank core costs:
Activities/events
Fundraising costs - salary
Staff salaries
Pension costs
Travel
- Food
- Pension costs
Hospitality
Literature
Telephone
Laygate - Supported living Accommodation core
costs:
- Salary costs
-Office costs
Training
- Other expenses
- Activities
Soup kitchen
- NI costs
- Pension costs
- Staff salaries
- Pension costs
- Activity
- Staff NI
- Office costs
- vehicle costs
Staff NI
Volunteer Co-ordinator costs:
- House expenses
- NI costs
- Other expenses
- Salary costs
- Premises|Unrestricted
Funds
£
12,870
12,870
-
787
-
-
80,275
7,331
727
161
-
-
3,506
20
-
11,957
1,370
257
1,000
390
-
170
-
-
-
-
-
-
-
-
-
-
107,951|Restricted
Funds
£
-
-
43,899
2,536
682
-
-
10,696
783
-
-
-
3,677
-
3,966
202
-
108
-
-
-
-
-
29,522
2,536
790
2,652
5,224
620
1,535
554
2,064
112,046|**Total**
**2021**
**£**
**12,870**
**12,870**
**43,899**
**3,323**
**682**
**-**
**80,275**
**18,027**
**1,510**
**161**
**-**
**-**
**7,183**
**20**
**3,966**
**12,159**
**1,370**
**365**
**1,000**
**390**
**-**
**170**
**-**
**29,522**
**2,536**
**790**
**2,652**
**5,224**
**620**
**1,535**
**554**
**2,064**
**219,997**|Total
restated
2020
£|
|---|---|---|---|---|---|
||||||-
|
||||||~~)~~
-|
||||||59,556
4,458
2,396
80
62,530
34,749
899
155
332
11,048
6,834
137
1,141
13,000
589
390
-
222
183
41
332
33,780
3,170
933
1,015
3,474
321
1,768
436
1,204|
||||||245,173|
22
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2021
|Support costs (continued)
Balance B/fwd
ICT software
Marketing and communications
Building repairs
Greggs Foundation core costs
Trussell Trust - Financial Inclusion
- Other expenses
- Activities
- Insurance
- Payroll fees
M&E Consultancy
Stationery
- Leases
- Inspection
- NI costs
South Tyneside Council - Holidays, activities and
food
- Premises costs
- Refreshments
- Inspections
Membership fees
Sundry
- Redundancy payments
Laygate - Café/Wellbeing Hub core costs:
- Office costs
- Pension costs
- Office costs
- Premises costs
Equipment
Depreciation
- Other expenses
- Salary costs
- Food and drink
- Activities
- Janitor
South Tyneside Council - Covid-19
National Lottery Community Fund
Greggs Hardship Fund
- Licences
- Coalfields Regeneration Trust
Coalfields Regeneration Trust
HR support
Legal fees
Grant refunds
- Trussell Trust Large
- Greggs Foundation|Unrestricted
Funds
£
107,951
-
634
11,370
1,081
288
-
643
1,590
2,182
-
274
-
-
-
-
1,948
-
4,901
2,271
3,845
-
244
869
5,503
3,609
3,754
2,359
-
3,143
655
5,852
-
654
6,000
-
2,092
50
10,000
-
22,310
-|Restricted
Funds
£
112,046
-
48
3,907
-
-
-
-
-
-
-
-
-
-
-
-
5,761
-
-
-
1,160
-
-
-
319
1,812
-
-
-
-
11,891
-
18,534
-
-
647
13
5,190
-
2,710
-
2,699|**Total**
**2021**
**£**
**219,997**
**-**
**682**
**15,277**
**1,081**
**288**
**-**
**643**
**1,590**
**2,182**
**-**
**274**
**-**
**-**
**-**
**-**
**7,709**
**-**
**4,901**
**2,271**
**5,005**
**-**
**244**
**869**
**5,822**
**5,421**
**3,754**
**2,359**
**-**
**3,143**
**12,546**
**5,852**
**18,534**
**654**
**6,000**
**647**
**2,105**
**5,240**
**10,000**
**2,710**
**22,310**
**2,699**|Total
restated
2020
£|
|---|---|---|---|---|
|||||245,173
1,500
1,725
14,738
2,165
812
2,002
2,395
766
4,028
2,004
7,622
671
1,622
268
1,974
8,986
3
2,131
4,240
5,856
290
457
559
2,262
4,847
2,874
1,016
35
-
-
-
-
-
-
-
-
-
-
-
-
-|
23
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2021
|Governance costs
Independent examiner's fees for reporting on the
accounts|1,008
207,080|-
166,737|**1,008**
**373,817**|1,008|
|---|---|---|---|---|
|||||324,029|
Expenditure on charitable activities was £386,687 (2020: £324,029) of which £219,950 was unrestricted or designated (2020: £99,965) and £166,737 was restricted (2020: £224,064)
## 11 **Fees for examination of the accounts**
|**ees for examination of the accounts**|||
|---|---|---|
|Independent examiner's fees for reporting on the accounts
Other accountancy services paid to the examiner|**2021**
**£**
**1,008**
**2,359**
**3,367**|2020
restated
£|
|||1,008
1,016|
|||2,024|
## 12 **Analysis of staff costs and the cost of key management personnel**
|Redundancy payments
Salaries and wages
Pension costs (defined contribution pension plan)
Social security costs|**2021**
**£**
**123,296**
**-**
**9,821**
**2,286**
**135,403**|2020
restated
£|
|---|---|---|
|||150,351
2,002
11,281
4,686|
|||168,320|
No employee received remuneration above £60,000 (2020: nil)
The key management personnel of the charity, comprise the Chief Executive Officer. The total employee benefits of the key management personnel of the charity were £36,902 (2020: £39,679).
## 13 **Staff numbers**
The average monthly head count was 13 staff (2020: 9 staff) and the average monthly number of full-time equivalent employees during the year were as follows:
|Charitable activities
The parts of the charity in which the employee's work|**2021**
**Number**
**5.6**
**5.6**|2020
restated
Number|
|---|---|---|
|||6.5|
|||6.5|
24
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2021
## 14 **Transactions with trustees**
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.
## **Trustees' expenses**
No trustee expenses have been incurred in the year.
## **Transaction(s) with related parties**
There have been no related party transactions in the reporting period.
Sir David Chapman is also a board member for Chapman Charitable Trust and The Giesla Graham Foundation of which a grant of £3,000 was received (2020: £10,000).
## 15 **Defined contribution pension scheme**
The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.
The employer's pension costs represent contributions payable by the charity to the fund and amount to £2,286 (2020: £4,686). There was £486 outstanding as at 31 October 2021 (2020: £644)
## 16 **Corporation Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.
|17 **Tangible fixed assets**
**Cost**
Balance brought forward
Additions
Disposals
**Balance carried forward**
**Depreciation**
Basis
Rate
Balance brought forward
Depreciation charge for year
Disposals
**Balance carried forward**
**Net book value**
**Brought forward**
**Carried forward**|**Vehicle**
**£**
-
6,770
-
6,770
SL
25%
-
1,354
-
1,354
-
5,416|**Office and**
**computer**
**equipment**
**£**
3,147
1,454
-
4,601
SL
25%
2,916
594
-
3,510
231
1,091|**Laygate**
**property**
**furniture**
**£**
10,165
-
-
10,165
SL
25%
10,092
73
-
10,165
73
-|**Freehold**
**land and**
**Buildings**
**£**
524,423
-
-
524,423
SL
50 years
17,064
5,688
-
22,752
507,359
501,671|**Total**
**£**|
|---|---|---|---|---|---|
||||||**537,735**
**8,224**
**-**|
||||||**545,959**|
||||||**30,072**
**7,709**
**-**|
||||||**37,781**|
|||||||
||||||**507,663**|
|||||||
||||||**508,178**|
25
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2021
## 18 **Stock**
|Expensed in period
Impaired
Closing stock
Opening stock
Added in period|**2021**
**£**
**20**
**-**
**-**
**( 20 )**
**-**|2020
restated
£|
|---|---|---|
|||1,476
20
-
( 1,476 )|
|||20|
## 19 **Donated food stock**
|Closing stock
Opening stock
Added in period
Expensed in period
Impaired|**2021**
**£**
**30,589**
**79,937**
**( 80,275 )**
**-**
**30,251**|2020
restated
£|
|---|---|---|
|||30,589
62,530
( 62,530 )
-|
|||30,589|
## 20 **Debtors and prepayments (receivable within 1 year)**
|**Debtors and prepayments (receivable within 1 year)**|||
|---|---|---|
|Cash at bank
Cash in hand
**Cash at bank and in hand**
Prepayments
Debtors
Gift Aid
Credit card|**2021**
**£**
**4,625**
**-**
**3,411**
**-**
**8,036**
**2021**
**£**
**291,891**
**200**
**292,091**|2020
restated
£|
|||2,200
2,393
176
9,946|
|||14,715|
|||2020
restated
£|
|||250,450
150|
|||250,600|
## 21 **Cash at bank and in hand**
26
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2021
## 22 **Creditors and accruals (payable within 1 year)**
|22
**Creditors and accruals (payable within 1 year)**|||
|---|---|---|
|23
Prepaid income
Independent examination of the accounts
Other creditors
**Creditors and accruals (payable after more than 1 year)**
Accruals
Long Term Loan
Loan repayment
Deferred income
National Lottery Community Fund
Trussell Trust
Credit card|**2021**
**£**
**1,008**
**10,000**
**1,370**
**-**
**-**
**228**
**2,192**
**14,798**
**2021**
**£**
**-**
**-**|2020
restated
£|
|||1,008
10,000
2,013
27,968
16,380
-
13,529|
|||70,898|
|||2020
restated
£|
|||10,000|
|||10,000|
## 24 **Deferred income**
Deferred income comprises of advance payments from grants that relate to future periods
|Balance brought forward
Balance carried forward
Amount deferred in year
Amount released to income earned from
charitable activities|**2021**
**£**
**44,348**
**( 44,348 )**
**-**
**-**|**2020**
**restated**
**£**|
|---|---|---|
|||**-**
**-**
**44,348**|
|||**44,348**|
## 25 **Events after the end of the reporting period**
The COVID-19 pandemic, has put pressure on all businesses in 2020-21. It should be noted that the trade debtors have been received and the creditors are being paid when the payments are falling due. No other significant events affecting the Charity since the year end.
27
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2021
## 26 **Analysis of charitable funds**
## **Analysis of movements in unrestricted funds For the year ended 31 October 2021**
|**For the year ended 31 October 2021**||||||
|---|---|---|---|---|---|
|**Unrestricted funds**
General unrestricted fund
Designated funds:
Contingency Fund
**_Totals_**
**For the year ended 31 October 2020**
**Unrestricted funds**
General unrestricted fund
Designated funds:
Contingency Fund
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
122,308
71,000
193,308
**(restated)**
**Fund**
**balances**
**brought**
**forward**
£
92,914
-
92,914|**Incoming**
**resources**
£
326,550
-
326,550
**Incoming**
**resources**
£
162,131
-
162,131|**Resources**
**expended**
£
( 219,950 )
-
(219,950)
**Resources**
**expended**
£
( 67,376 )
-
(67,376)|**Transfers**
£
( 139,600 )
153,000
13,400
**Transfers**
£
( 65,361 )
71,000
5,639|**Fund**
**balances**
**carried**
**forward**
**£**|
||||||**89,308**
**224,000**|
||||||**313,308**|
||||||**Fund**
**balances**
**carried**
**forward**
**£**|
||||||**122,308**
**71,000**|
||||||**193,308**|
**Purpose of unrestricted funds** General unrestricted fund The 'free reserves' of the charity Designated Funds: Contingency Fund To cover unexpected costs incurred.
**Analysis of movement in restricted funds For the year ended 31 October 2021**
|**For the year ended 31 October 2021**||||||
|---|---|---|---|---|---|
|**Restricted funds**
Laygate Supported Living
Accommodation
Greggs Foundation
Barbour Foundation
Sir James Knott Trust
Building Fund
Freehold land and Building
Asset - Laygate furniture
**_Balance C/fwd_**|**Fund**
**balances**
**brought**
**forward**
£
-
6,237
15,508
24,932
( 24,818 )
507,359
73
529,291|**Incoming**
**resources**
£
64,364
-
-
-
-
-
-
64,364|**Resources**
**expended**
£
( 40,964 )
( 6,237 )
( 15,508 )
( 24,932 )
-
( 5,687 )
(73)
(93,401)|**Transfers**
£
( 23,400 )
-
-
-
10,000
-
-
(13,400)|**Fund**
**balances**
**carried**
**forward**
**£**|
||||||**-**
**-**
**-**
**-**
**( 14,818 )**
**501,672**
**-**|
||||||**486,854**|
28
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2021
|**Restricted funds**
**_Balance B/fwd_**
Durham County Community
Foundation - Sherburn House
Charity
Greggs Hardship Grant
TW&N Community Foundation - Co-
op Food
Coalfields Regeneration Trust
Trussell Trust Financial Inclusion
National Lottery Community Fund
TW&N Community Foundation -
Ringtons
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
529,291
-
90
-
-
-
-
-
529,381|**Incoming**
**resources**
£
64,364
6,000
570
5,591
9,945
41,928
27,968
4,840
161,206|**Resources**
**expended**
£
( 93,401 )
( 6,000 )
( 660 )
( 5,591 )
( 9,945 )
( 21,980 )
( 27,968 )
( 1,192 )
(166,737)|**Transfers**
£
( 13,400 )
-
-
-
-
-
-
-
(13,400)|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|
||||||**486,854**
**-**
**-**
**-**
**-**
**19,948**
**-**
**3,648**|
||||||**510,450**|
## **For the year ended 31 October 2020 (restated)**
|**For the year ended 31 October 2020**|**(restated)**|||||
|---|---|---|---|---|---|
|**Restricted funds**
Laygate café
1989 Willian Charitable Trust - café
Muckle LLP - café
Laygate Supported Living
Accommodation
Foodbank
Greggs Foundation
William Webster Charitable Trust
Barbour Foundation
Ballinger Charitable Trust
Sir James Knott Trust
Building Fund
Freehold land and Building
Asset - Laygate furniture
TW&N Community Foundation -
Cookery course
Chapman Charity
Hilden Charitable Trust
Various funders - Staffing
M Stephenson
Hadrian Trust
Durham County Community
Foundation - Sherburn House
Trust
**_Balance C/fwd_**|**Fund**
**balances**
**brought**
**forward**
£
-
-
-
-
-
3,077
-
15,508
2,416
17,932
( 34,818 )
513,047
2,614
4,095
1,224
5,000
3,950
2,500
1,000
2,000
2,500
548,045|**Incoming**
**resources**
£
27,157
10,000
1,525
61,740
54,156
15,500
2,000
-
5,500
7,000
-
-
-
2,871
-
-
-
-
-
-
-
187,449|**Resources**
**expended**
£
( 27,157 )
( 10,000 )
( 1,525 )
( 46,101 )
( 54,156 )
( 12,340 )
( 2,000 )
-
( 7,916 )
-
-
( 5,688 )
( 2,541 )
( 6,966 )
( 1,224 )
( 5,000 )
( 3,950 )
( 2,500 )
( 1,000 )
( 2,000 )
(2,500)
(200,564)|**Transfers**
£
-
-
-
( 15,639 )
-
-
-
-
-
-
10,000
-
-
-
-
-
-
-
-
-
-
(5,639)|**Fund**
**balances**
**carried**
**forward**
**£**|
||||||**-**
**-**
**-**
**-**
**-**
**6,237**
**-**
**15,508**
**-**
**24,932**
**( 24,818 )**
**507,359**
**73**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|
||||||**529,291**|
29
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2021
|**Restricted funds (continued)**
**_Balance B/fwd_**
W A Handley Charitable Trust
RW Mann Trust
Archer Trust
Gisela Graham Foundation
Sir John Priestman
Miranog Trust
Joicey Trust
J Kennair
Greggs Hardship Grant
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
548,045
5,000
1,000
2,000
-
-
-
-
-
90
550,135|**Incoming**
**resources**
£
187,449
-
-
-
10,000
5,000
1,000
4,500
1,000
-
208,949|**Resources**
**expended**
£
( 200,564 )
( 5,000 )
( 1,000 )
( 2,000 )
( 10,000 )
( 5,000 )
( 1,000 )
( 4,500 )
( 1,000 )
-
(224,064)|**Transfers**
£
( 5,639 )
-
-
-
-
-
-
-
-
-
(5,639)|**Fund**
**balances**
**carried**
**forward**
**£**|
|---|---|---|---|---|---|
||||||**529,291**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**90**|
||||||**529,381**|
## **Purpose of restricted funds**
Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.
Laygate café 1989 Willian Charitable Trust - café Muckle LLP - cafe Laygate Supported Living Accommodation Foodbank Greggs Foundation William Webster Charitable Trust Barbour Trust Ballinger Charitable Trust Sir James Knott Building Fund Freehold land and buildings Asset - Laygate furniture TW&N Community Foundation - Cookery course Chapman Charity Hilden Charitable Trust M Stephenson Hadrian Trust County Durham Community Foundation - Sherburn House Charity Roy and Pixie Baker Charitable Trust W A Handley Charitable Trust RW Mann Trust Archer Trust Gisela Graham Foundation Sir John Priestman
Funds to cover costs of Laygate cafe. Funds to cover costs of Laygate cafe. Funds to cover costs of Laygate cafe. Funds to cover costs of Laygate HMO.
Running costs of foodbank service. Costs of operating Hampden Street. Resurfacing of Hampden Street car park Staffing to develop the charity. Staffing costs. Staffing costs. Funds to cover costs of Laygate property. Value of land and building less depreciation. Value of Laygate furniture less depreciation. Cooking on a budget.
Staffing costs. Staffing costs. Staffing costs. Staffing costs. Staffing costs.
Staffing costs.
Staffing costs. Staffing costs. Staffing costs. Staffing costs. Staffing costs.
30
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2021
## **Purpose of restricted funds (continued)**
Miranog Trust Staffing costs. Joicey Trust Staffing J Kennair Staffing Greggs Hardship Grant Clothing for Supported Living Accommodation residents. TW&N Community Foundation - CoFunds for the foodbank. op Food Coalfields Regeneration Trust Funds for activities for Supported Living Accommodation residents. Trussell Trust Financial Inclusion Funds for Financial inclusion Project. National lottery community Fund Funds for the foodbank. TW&N Community Foundation - Funds for the Supported Living Accommodation. Ringtons
|**Transfers between funds**
Between restricted and unrestricted
funds.
Between restricted and unrestricted
funds.
Between unrestricted and
designated funds.
Laygate Supported living Accommodation surplus moved to
unrestricted funds.
**Reason for transfer**
Trustee decision to increase Contingency fund for 2021-22.
Transfer to Building Fund loan.|**Amount**
**£**|
|---|---|
||**10,000**
**23,400**
**153,000**|
## 27 **Capital commitments**
As at 31 October 2021, the charity had no capital commitments (2020 -£nil)
|28 **Analysis of net assets between funds**
Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)
Long term assets/(liabilities)|Unrestricted
Funds
£
6,507
283,312
23,975
-
313,794|Restricted
Funds
£
501,671
8,779
-
-
510,450|**Total**
**2021**
**£**
**508,178**
**292,091**
**23,975**
**-**
**824,244**|Total
restated
2020
£|
|---|---|---|---|---|
|||||507,663
250,600
( 25,574 )
( 10,000 )|
|||||722,689|
## 29 **Guarantee**
There have been no guarantees given by the charity at 31 October 2021.
## 30 **Debt**
There is no debt outstanding which is owed by the charity and which is secured by an excess charge on any of the assets of the charity at 31 October 2021.
## 31 **Governing document**
The organisation is a Charitable Incorporated Organisation - Foundation registered on 14 November 2014 as a body corporate under part 11 of the Charities Act 2011.
31
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2021
## 32 **Restated accounts for 2019-20**
|**estated accounts for 2019-20**||
|---|---|
|Unrestricted funds as at 31.10.2020
Donated food stock
Restated unrestricted funds as at 31.10.2020|**£**|
||**162,719**
**30,589**|
||**193,308**|
The accounts for the year ended 31 October 2020 have been restated due to missing opening stock for donated goods of £30,589.
32