## Annual Report and Financial Statements
## For the year ended 31 October 2022
Registered Charity Number 1159213
**South Tyneside’s leading food insecurity, homelessness and community wellbeing charity.**
## **Contents**
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Contents Page Number
Trustees annual report 1 to 15
Independent examiners report 16
Statement of financial activities
17
(Including income & expenditure)
Balance sheet 18
Notes to financial statements 19 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 of October 2022.
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 October 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 of November 2021 to the 31 of October 2022 the regular activities of Hospitality and Hope were.
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Supported living South Tyneside
service Foodbank
Community insights
and research
Projects to improve
Financial wellbeing
community wellbeing
services
Community Shop
1
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## **Achievements and Performance**
## **About us.**
Hospitality and Hope is one of South Tyneside’s leading food insecurity, homelessness and community wellbeing chari�es.
We are a Charitable Incorporated Organisa�on (CIO) and are governed by a Board of Trustees who bring extensive experience and significant influence to our work. Our Chief Execu�ve Officer, Staff Team and Volunteers work �relessly, every day, to bring posi�ve change to a community who are living in one of the most deprived areas in England.
Our work is focussed on preven�on, achieved by suppor�ng our community to develop the skills, experience and social capital needed to live their life, with an increased sense of hope for a posi�ve and self-reliant future.
People sit at the heart of our work; our extensive insights and engagement work means that we truly understand the needs of our community and what will work best to bring posi�ve change; we also bring their lived experience to our conversa�ons alongside others to inform local policy making.
Collabora�on, partnership working and our commitment to evidence-based prac�ce are the cornerstones of our work.
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We are ambi�ous. We want Hospitality & Hope to be the leading charity and the centre of
sustainable, long-term change for the community of South Tyneside.
We are focussed. We know how easy it is to get distracted, that’s why we have priori�es that we
s�ck to.
We are collabora�ve. To have the maximum posi�ve impact, we ensure our services are community
driven, designed alongside those with lived experience.
We are connected. We ac�vely seek out and work with key partners including government,
universi�es, businesses, fellow chari�es and community groups.
We are informa�on led. We know that the best decisions are evidence-based, so we priori�se the
gathering and deployment of robust data & research.
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2
## **Summary of our achievements in 2022**
Working with the University of Sunderland, and supported by the Trussell Trust, we are **spearheading**
**research** into the drivers of deprivation in South Tyneside; particularly amongst those in our community who are working poor. This work has also extended our reputation and partnership reach. We are now an integrated member of the Council’s poverty strategy group, our work is included in the Council’s strategic plan and we have also extended our schools partnership network.
Our work in the community has been a critical development enabling us to bring the lived experience to the decision-making table of those in power. We have established a strong reputation as an evidence-based, information led, organisation and this has strengthened our ability to influence how others think and act.
Over the past twelve months we have opened our first **Community Shop** and integrated **Wellbeing Hub** . Our aim being to provide longer term preventative support to those living in food insecurity. With our wellbeing hub delivering services that improve our community’s emotional, physical and financial wellbeing. This development has been a significant step change towards our aspiration to bring positive change to our community and build the social capital necessary to bring communities together.
In partnership with South Tyneside Council, we have secured the funding necessary to develop a network of community shops and wellbeing hubs. Over the coming two years we will open a further two shops and are aiming to **support 10,000 people.**
Demand for **emergency food support remains high** and we have seen a reduction in food donations as our community begin to feel the harrowing reality of the financial crisis. We have also seen a change in the demographic of those people seeking support, 6 in 10 of all household’s supported are families with children and 4 in 10 are in employment and are working poor. A critical element of our wellbeing service has been the partnership with Age Concern Tyneside South, who provide our Debt and Welfare Benefit Advice Service. This year we have recovered **£500,000** in benefits and written off debt.
We have delivered on the commitment to extend our supported housing service. This year we have commenced the purchase of a **move on property,** increasing the number of people we can support. This will enhance our supported housing offer by enabling residents to ‘test out’ independent living prior to moving into their own accommodation.
We have strengthened our community wellbeing service by delivering activities that the community have identified as critical to achieving positive change. In the last 12 months, we have delivered structured **wellbeing activities to 756 people** . Our Christmas food campaign provided families with a Christmas day meal and supporting children at risk of hunger during the school holidays.
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.
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During the 2021/22 business year we experienced a significant increase in demand. Supporting 2,000 more people than the previous year, and 4,300 more people since 2020.
This work was primarily achieved by responding to increased demand for food support; opening our first Community Shop, extending our wellbeing provision and increasing our community engagement and insights work.
## **7,500** people supported
**4,050** children
## **3,450** adults
**‘When I started back at work, I thought things would be better, but they are not. I have less money than before, I am not entitled to free school meals and my wages are nothing really, I am a care worker’** _._ **Community shop member**
**‘I became homeless after my marriage broke down and I lost my home due to not being able to pay the mortgage. I am living in the back of my car. My mental health is poor and my confidence is shot’. Food bank client**
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## **Tackling Food Insecurity – Food Bank**
14,000 food parcels distributed
Food insecurity continues to be a daily challenge for our community. In 2021/22 our South Tyneside Foodbank experienced another busy year with the number of people needing food support remaining high, as the financial crisis hit household incomes hard. Without the support of our community, supermarket partners (particularly ASDA, Morrisons, Farm Foods, Heron Foods and Tesco Extra) and many local businesses, we would simply not be able to make a difference every day to those who need a helping hand.
We supported 4,644 people who are living in food insecurity.
We know that needing food support has a social stigma - this is something 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 continues to be used well, with 60% of those seeking food support coming via a self-referral.
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Adult/Child Family Type
Adult Child 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 50% and 40% respectively.
**62%** of those seeking food support cited low income as the reason for the referral, during this year we supported people across 18 of the ward areas in South Tyneside, however the areas in most need of food support are:
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The top ten ward area with highest need for food support in 2021/22
1 Beacon and Bents 6 Whiteleas
2 Simonside and Rekendyke 7 Westoe
3 Biddick and All saints 8 Cleadon Park
4 West Park 9 Horsley Hill
5 Boldon Colliery 10 Harton
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## **Tackling Food Insecurity - Your Community Shop**
Delivering on our commitment to take an evidence based and preventative approach to supporting our community out of food insecurity, this year we opened our first community shop on Horsley Hill Square, supported by the Virgin Money Foundation, Joicey Trust and Royal Warrant Holders Association.
The aim is to create a **community anchor** , at which people can receive longer term food support and access to wider services that reduce social isolation, develop skills and build social capital in the community.
We are grateful to our colleagues in Lydon’s Pharmacy, Sainsbury’s, Morrisons and ASDA for their support by donating regular food supplies and essential household and personal cleaning products.
This extended reach into one of our hardest hit ward areas is enabling us to understand the complex needs of our community and tailor services that will bring positive and long-lasting change.
A survey of the first 100 customers of Your Community Shop has been used to develop wellbeing services that meet their needs.
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90% reported as feeling isolated and lonley
70% suffered with their mental health
50% suffered with their physical health
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Whilst it is early days, the Horsley Hill shop has developed at pace and is enabling us to help those people who would otherwise have not reached out for support; particularly those over 55 and people in employment. The initial feedback from those using the shop has been encouraging and heartwarming.
**‘Fantastic idea to help the community and to reduce food waste, the volunteers are always friendly and helpful’.**
**‘I can’t believe what you actually get for £4, such a help to me and the family’.**
**‘I am so grateful for this service and the lovely people who greet you. A little help goes a long way, thank you’.**
Shop volunteer serving a customer.
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In partnership with South Tyneside Council, we have achieved two critical developments this year. The first being a successful bid into the Governments Shared Prosperity Fund to develop two more Your Community Shops, over two years. The second being delivery of the Household Support Fund to 200 families who are hard to reach.
This strengthening of our service offer has enabled us to develop a more holistic approach, supporting those who are in crisis to regain control of their lives, as demonstrated in the following case study.
On a cold and stormy day.
It was the coldest of days when a Mum came unannounced through our doorway with her children in tow.
As she entered the building in a flurry of snow, Mum broke into tears, it was clear that she was in crisis, my colleague quickly took the children into another room. When the children left Mum nearly collapsed, saying that she had reached the end of being able to manage and did not know where to turn. She had walked the children two miles to come to us as she didn’t have money for the bus fare and no other support networks to call upon.
Mum explained that both her and her husband work, but they are not managing as their household outgoings virtually now outstripped their collective salary income. They were struggling with money for utility top ups via the meter and food costs. In addition, council tax arrears were about to be taken directly from her husband’s salary and she was really worried about the impact of this.
She had been unable to make a referral for food support as she didn’t have the money to top up her mobile phone. In any event she didn’t think that she could take food away as she couldn’t manage the children and the shopping on the walk home.
Mum described a life of immense stress and hunger for both her and her husband, they were typically going without to ensure the children are safe and healthy.
She simply hadn’t known what to do but knew about Hospitality and Hope, and had decided to come visit us for help.
Whilst my colleague provided cereal for the children, we put together a package of support for the family.
A referral was made to our benefits and debt advisor. We arranged for a colleague to transport the family home so that we could provide emergency food support. As part of the Household Support Fund, we provided access to support for gas so they could stay warm. In addition, we provided a SIM card that would save money by providing Mum with free calls, text and data for 6 months.
We also signed the family up as a member of the Your Community Shop to provide longer term emotional and food support. As slow cooking is the cheapest way to prepare meals, we also provided the family with a slow cooker.
As a result of kind donations from the community we provided a £30 voucher for the family to have a meal at a Green King Public House and gave the children and parents a Christmas gift.
Our community is shifting in a seismic way, working people are entering deprivation at a scale previously unseen. It would be true to say that this young Mother and her sad story impacted on our staff and volunteers. Unfortunately though, this is not an isolated case, we are seeing an increasing number of people similar to this family coming to us for support.
Fast forward 4 months. The lady visited us to say that both her and her husband had secured better paid jobs and a cheaper house rental. In her own words: ‘our life is now brilliant, the support and kindness of you and your team gave us, when we needed it most, was brilliant. You helped us out of crisis and into a better life for our us all’.
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## **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, as the services provided at Chai House are more representative of a supported living unit. With our team of specialists in the field of supported housing, they provide more than 60 hours support each week, delivered 7 days per week.
The ‘Passport to Independent Living’ programme continues to be the cornerstone of our work at Chai House. It delivers structured support across the full spectrum of a person’s transition from homelessness to full, independent living.
Over the course of this year, we have extended our partnership working. Hospitality and Hope now works as an integrated member of the South Tyneside Homelessness Strategy group, supporting the development of wider services that support homeless people.
During the 2021/2022 financial year, Chai House has supported 17 adult males who required accommodation and housing support due to homelessness, addictions or poor mental health.
> Our residents have achieved **19 qualifications** , with one resident securing employment and four moving into their own tenancy.
_**‘During the time I was with Teri at Hospitality and Hope I went from homeless without a job and managed to get back on my feet and find a job, then shortly after find my own place to live again. They helped me when I had fallen on hard times and I couldn’t thank them enough for that. Great staff so welcoming, understanding and helpful. So grateful for the help I received from Teri and the team’.**_
Chai residents working at the allotment.
Over the next three years, one of Hospitality and Hope’s strategic priorities is to increase the number of bedspaces available in our supported housing service to nine. During this financial year we commenced the acquisition of a two bedroom **move on property** . Once acquired this will provide a critical steppingstone into independent living for our residents.
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## **Improving Community Wellbeing**
During this financial year we have continued to build and extend our wellbeing service, based on what the community tell us is most likely to bring about positive change for them. Much of this focus has been on creating synergy between the Your Community Shop at Horsley Hill and the wellbeing services which is delivered from the same location.
Collectively this has created an anchor for the community, **a symbol of hope and steadfastness** that is valued as a community asset.
Our work is focussed on creating opportunities that break the cycle between deprivation, loneliness and poor wellbeing.
Although still in its infancy our wellbeing service is gaining momentum at pace and has reached more people this year, than at any time in our 20-year history.
**756** people attended a wellbeing activity.
**182** benefited from a cooking on a budget course.
**1346** received a Christmas meal.
**200** households received support with utility bills.
**890** people received debt and benefit advice.
Cooking a budget attendees funded by Newcastle Building Society
Our partnership with Age Concern Tyneside South continues to deliver astounding and life changing outcomes for people. This year our Financial Inclusion Officer secured **£500,000** in additional benefits and written off debt.
Community involvement is important to us. During the year we have extended our volunteering opportunities. Volunteers now work in our food bank, community shop, deliver wellbeing activities and run an allotment.
**‘Such a great place to come to, staff are such a help. Thank god for this place’.**
**‘I love coming here to the activities, for the company. Everyone is so friendly’.**
In total volunteers donated **2,707** hours of their time to help the community
**‘I can’t believe how good it is here, makes such a difference talking to people’.**
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## **Influencing others**
An exciting development from this year has been our inclusion in a project funded by Trussell Trust, to create a local approach to campaigning on the issues which are driving people into food insecurity and deprivation. We want to ensure that local decision makers are **informed on the drivers of deprivation** at a macro level.
Our aspiration is that the community of South Tyneside are supported in raising their voice and bringing their life stories to the people who can make a difference. We want to influence how others use this information to make evidence-based decisions.
This work has moved at a fast pace; in partnership with the University of Sunderland, we have established a community insights and research programme. A team from the University are now working with us to bring academic rigour, research skills and support to our developing evidence-based approaches. The University have also facilitated a one day training programme for our Trustees and staff on evidence based practice, this was following by a Board strategy planning day which brought the fresh learning about evidence based practice into the Trustees development of their three year plan.
Our Community Participation Officer has begun to engage those with lived experience, creating the foundation for supporting them to campaign in the future. We have secured the support of **8 volunteers with lived experience** who have been trained as **community champions** . This group of inspirational people have just completed a community survey of 100 community members; bringing valuable insights into the causes of deprivation and the type of services and support the community need.
**10** workshops where 26 working people were During this year we have focused on those interviewed. living in working poverty and have collated a significant volume of **2** school parent workshops. information. This will form the basis of our first stage research. **13** individual parent interviews face to face, online and in the wider community.
Whilst this worked proved challenging, our ability to bring the **stories from those with lived experience** and our unique ability to provide meaningful data and information has provided the building blocks for a positive partnership with Local Authority colleagues.
We now work as in integrated member of the newly formed Council Poverty Strategy Group, who are supporting the development of a Poverty Truth Commission and have been involved in a review of (and this project is named in) the South Tyneside Council’s Strategic Plan.
This work has been focussed on promoting the absolute need for prevention rather than treatment, with a clear focus on doing what works best to support our community to live their life well, accepting this is a long-term strategic imperative.
10
## **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 £422,308 of which £127,727 was restricted (2021: £487,756 of which £161,206 was restricted) and expenditure of £420,200 of which £99,359 was restricted (2021: £386,687 of which £166,737 was restricted). *These figures include the value of donated and distributed food supplies.
## **Employees**
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 Chief Executive Officer
- 1 Full Time Wellbeing Manager
There was an operating surplus in the year of £2,108 of which £27,678 was restricted (2021: surplus £101,069 of which a deficit of £18,931 was restricted).
On the 31[st] October 2022 the charity had net assets of £825,866 of which £538,128 was restricted (2021: £823,758 of which £510,450 was restricted).
- 1 Full time Operations/Funding Manager
- 0.3 FTE Wellbeing Officer
- 0.5 FTE Office Manager
- 0.5 FTE Finance Officer
- 0.8 FTE Food Logistics Officer
- 0.8 FTE Housing Manager
0.6 FTE Housing Officer
The net assets of the charity includes £495,983 which is the book value of the freehold land and building at Laygate, which houses our supported living unit; and £15,082 which is the book value of stock in hand held within the South Tyneside Foodbank.
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Financial risk reserve Designated contingency
Income reserve £142,000
(6 months operating cost)
Cessation reserve £42,000
(foreclosure) Held in a tangible fixed asset
Adversity reserve £15,000
(Unexpected event)
Opportunity reserves Designated contingency
Working capital reserve nil
(Funding planned initiatives)
Opportunity reserve nil
(Funding new initiative)
Total risk reserve 2021/22 £199,000
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## **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.
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## **The year ahead**
We are no less ambitious in our future priorities than we have been this year. This is driven by the rising levels of deprivation within our community, a situation we know will remain increasingly complex due to the current fiscal climate and the impact this brings to a community already struggling to make ends meet.
## **In 2022/23 we will deliver against the following strategic priorities**
## _YOUR COMMUNITY HUBS_
_Objec�ve: To have three Your Community Shops up and running, and demonstrated the posi�ve impact they have had, suppor�ng 10,800 people._
- To have secured the funding and open a second Your Community Shop (YCS).
- To have supported 3,600 people in the Your Community Shop network, who are representa�ve of the community make-up and needs.
## _FOODBANK_
_Objec�ve: To meet the demand of the community who are already stretched and are now faced with a cost of living crisis, declining living standards and escala�ng cost._
- To have trained volunteers to act as sign posters and advocates; suppor�ng those in food crisis to seek support and stability.
- To have matched the expected 40% increase in referrals, maintaining a balance between supply and demand.
- _YOUR COMMUNITY HUBS WELLBEING ACTVITIES_
_Objec�ve: To have completed a total of 4,265 community wellbeing sessions._
- To have secured the funding for and developed a one-stop wellbeing hub in both Your Community Shop loca�ons.
- • To have delivered 1,460 individual community-based wellbeing sessions.
## _DEBT AND BENEFIT ADVICE_
_Objec�ve: To have secured £1.8m (2023-25) in recovered benef f for those accessing the service._
- support.
-
## _SUPPORTED LIVING_
_Objec�ve: To have increased the capacity of our housing service to 9 bedspaces._
- To establish a Move On property, enabling our residents to be supported in the next stage of their transi�on into independent living.
- To have developed a ‘Passport to Independent Living’ training programme that equips and accredits our Supported Living residents for mainstream housing.
## _COMMUNITY ENGAGEMENT AND PARTICIPATION_
_Objec�ve: To meet the demand of the community who are already stretched and are now faced with a cost of living crisis, declining living standards and escala�ng cost._
- To work with the Trussell Trust Organisa�on and Mobilising Team to deliver a localised approach to campaigning, alongside those with lived experience, to bring about posi�ve change to food insecurity.
- To further develop our partnership with Sunderland University to supports our data collec�on and research into the root causes of depriva�on, bringing fresh approaches and new thinking around the causal factors of depriva�on and what would work best to bring posi�ve change.
- To further our development and community ownership of the brand #cha�orchange.
- To work as an integral and trusted partner in the South Tyneside Council Poverty Strategy Group, working to support the development of a Poverty Truth Commission.
- To work at a grass roots level to connect with people living with high levels of depriva�on, gaining their support, and building the confidence to share their voice.
- To maintain our posi�on as the trusted voice and central intelligence hub for informa�on on the impact of depriva�on in our local community. U�lising this to shape thinking amongst policy and strategy makers.
- To shape a campaign that brings the plight of those children and families trapped in working poverty.
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## **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 Albert Hunt Trust|Royal Warrant Holders|
|Arnold Clark Auto|South Tyneside Council|
|Community Area Forums, South Tyneside Council|Trussell Trust – ASDA|
|The Gisela Graham Foundation|Trussell Trust – OLM|
|The Greggs Hardship Grant|Trussell Trust – Cost of Living|
|The Grocers’ Charity|Trussell Trust – Participation|
|Hedley Denton Charitable Trust|Trussell Trust HS – Refurbishment|
|The Joicey Trust|TW & N Community Foundation|
|John Lewis|Virgin Money Foundation|
|Neighbourly Community Fund|Barbour Foundation|
……and to all in our community who supported us with donations throughout the year.
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## **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
Sue Chilton (Treasurer) Sir David Chapman BT Peter Maloney
Ann Rodgers – resigned 17.02.22 Sarah Green (Chyair)
Louise Lydon – appointed 21.10.21 Karen Richardson – appointed 16.08.22
Magnus Peter Robert Willis – appointed 15.07.22
## **Chief Executive and Senior staff members**
Brian Thomas
**Independent Examiner**
Doug Maltman FMAAT
Connected Voice Business Services Ltd
One Strawberry Lane
Newcastle upon Tyne.
NE1 4BX.
## **Bankers**
HSBC
110 Grey Street
Newcastle Upon Tyne
Tyne & Wear
NE1 6JG
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## **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 26.07.2023 and signed on their behalf by:
S Green
Chair
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## **HOSPITALITY AND HOPE CIO**
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES**
For the year ended 31 October 2022
I report on the financial statements of Hospitality and Hope CIO for the year ended 31 October 2022, 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:
- h examine the accounts under section 145 of the Charities Act,
- h 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
- h 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:
- h the accounting records were not kept in accordance with section 130 of the Charities Act; or
- h the accounts did not accord with the accounting records; or
- h 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 One Starwberry Lane Newcastle upon Tyne NE1 4BX Date: 26.07.2023
16
## **HOSPITALITY AND HOPE CIO**
## **STATEMENT OF FINANCIAL ACTIVITIES**
For the year ended 31 October 2022
**----- Start of picture text -----**
Unrestricted Restricted Total Total
Funds Funds 2022 2021
£ £ £ £
Income from:
Donations and legacies 6 81,487 100 81,587 136,916
Charitable activities
Grants and contracts 7 147,053 127,627 274,680 286,136
Other trading activities 8 66,041 - 66,041 64,704
Total income 294,581 127,727 422,308 487,756
Expenditure on:
Raising funds 9 2,985 - 2,985 12,870
Charitable activities
Operation of the charity 10 317,856 99,359 417,215 373,817
Total expenditure 320,841 99,359 420,200 386,687
Net income/(expenditure) before
( 26,260 ) 28,368 2,108 101,069
transfers
Transfers between funds 690 ( 690 ) - -
Net movement of funds ( 25,570 ) 27,678 2,108 101,069
Reconciliation of funds
Total funds brought forward 313,308 510,450 823,758 722,689
Total funds carried forward 287,738 538,128 825,866 823,758
Notes
**----- End of picture text -----**
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.
17
Charity Number 1159213
## **HOSPITALITY AND HOPE CIO**
## **BALANCE SHEET**
As at 31 October 2022
**----- Start of picture text -----**
Total Total
2022 2021
£ £ £ £
Fixed assets
Tangible assets 17 504,909 508,178
Total fixed assets 504,909 508,178
Current assets
Stock 18 1,850 -
Donated food stock 19 15,082 30,251
Debtors 20 25,257 8,036
Cash at bank and in hand 21 293,005 292,091
Total current assets 335,194 330,378
Creditors: amounts falling due within
one year 22 ( 14,237 ) ( 14,798 )
Net current assets 320,957 315,580
Total assets less current liabilities 825,866 823,758
Total net assets or liabilities 825,866 823,758
Funds of the charity
Unrestricted income funds 287,738 313,308
Restricted income funds 538,128 510,450
Total funds 825,866 823,758
These financial statements were approved by the Board on: 26.07.2023
and are signed on its behalf by: S Green
Chair
Notes
**----- End of picture text -----**
18
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2022
## 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 October 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 £287,738 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.
## 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.
## 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.
19
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2022
## 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.
## 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 Freehold land and buildings Straight line over 50 years Vehicle Straight line over 5 years
20
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2022
## **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
Donations and gifts
Other
Trussell Trust - OLM
Trussell Trust - Cost of living
Trussell Trust - Participation
South Tyneside Council - CAF
TW&N Community Foundation
Hedley Denton
Neighbourly
Greggs Foundation
County Durham Community Foundation -
Sherburn House Charity
TW&N Community Foundation - Foodbank
TW&N Community Foundation - Ringtons
Tenants rent
South Tyneside Council - Foodbank
Gisela Graham Foundation
South Tyneside Council - Local Restrictions
Trussell Trust - ASDA
Greggs Hardship Grant
TW&N Community Foundation - Co-op Food
Coalfields Regeneration Trust
Arnold Clark Auto
Virgin Money Foundation
Trussell Trust HS - Refurbishment
Grocers Charity
John Lewis
Pease Family
Royal Warrant Holders
Joicey Trust
Garfield Weston Foundation|Unrestricted
Funds
£
48,586
27,593
5,308
81,487
-
100
13,000
5,000
-
500
-
-
9,970
-
800
49,500
500
4,261
6,098
-
2,822
1,000
1,000
-
-
-
-
4,800
500
12,500
-
-
-
112,351|Restricted
Funds
£
100
-
-
100
-
-
-
-
-
-
-
2,983
-
-
-
-
-
1,697
30,488
5,000
18,815
-
-
16,535
28,500
3,000
2,100
-
-
-
-
-
-
109,118|**Total**
**2022**
**£**
**48,686**
**27,593**
**5,308**
**81,587**
**-**
**100**
**13,000**
**5,000**
**-**
**500**
**-**
**2,983**
**9,970**
**-**
**800**
**49,500**
**500**
**5,958**
**36,586**
**5,000**
**21,637**
**1,000**
**1,000**
**16,535**
**28,500**
**3,000**
**2,100**
**4,800**
**500**
**12,500**
**-**
**-**
**-**
**221,469**|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|
|---|---|---|---|---|---|
21
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2022
## Income from grants (continued)
|Balance B/fwd
8
**Other trading activities**
Room Hire
Supported Living Accommodation
residents
Shop takings
Fundraising events
W A Handley Charitable Trust
Charitable Trust
South Tyneside Council - (Summer) HAF
Sylvia & Colin Shepherd Charitable Trust
HMRC Job Retension Grant
Trussell Trust - Financial inclusion
National Lottery Community Fund
J Fenwick
Finn Family Fund
Archer Trust
Dr. Tony Trapp
Roy & Pixie Baker Charitable Trust|Unrestricted
Funds
£
112,351
-
-
-
-
-
-
-
31,000
-
3,702
-
-
147,053
830
-
61,835
3,376
66,041|Restricted
Funds
£
109,118
-
-
-
-
-
-
-
-
-
18,509
-
-
127,627
-
-
-
-
-|**Total**
**2022**
**£**
**221,469**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**31,000**
**-**
**22,211**
**-**
**-**
**274,680**
**830**
**-**
**61,835**
**3,376**
**66,041**|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|
|---|---|---|---|---|
Income was £422,308 (2021: £487,756) of which £294,581 was unrestricted or designated (2021: £326,550) and £127,727 was restricted (2021: £161,206)
22
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2022
## **Analysis of expenditure on charitable activities**
|9
10|**_Raising funds_**
**_Charitable activities_**
Direct costs
Support costs
Balance C/fwd
Fundraising costs - salary
- Volunteer costs
- Office costs
Staff - Other expenses
- Staff salaries
- Pension costs
- Activities
- Salary costs
Donated goods distributed to recipients
Food bank core costs:
- ICT software
- Marketing and communications
- Equipment
- Depreciation
Staff training
- NI costs
- Health and Safety
Fundraising costs
Staff NI
Staff salaries
Pension costs
Staff travel
- Pension costs
- Literature
- vehicle costs
- M&E Consultancy
- Legal fees
- Staff NI
Volunteer Co-ordinator costs:
- Membership fees
- Sundry
- Insurance
- Other expenses
Core costs:
- HR support|Unrestricted
Funds
£
2,473
512
2,985
46,546
30,914
6,131
275
42,762
16,599
1,201
517
2,679
597
-
-
-
-
735
775
-
744
1,428
2,784
-
1,377
2,264
2,951
20
3,508
2,162
900
-
2,526
170,395|Restricted
Funds
£
-
-
-
28,854
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,021
-
481
-
-
6,174
-
143
50
-
-
-
36,723|**Total**
**2022**
**£**
**2,473**
**512**
**2,985**
**75,400**
**30,914**
**6,131**
**275**
**42,762**
**16,599**
**1,201**
**517**
**2,679**
**597**
**-**
**-**
**-**
**-**
**735**
**775**
**-**
**744**
**2,449**
**2,784**
**481**
**1,377**
**2,264**
**9,125**
**20**
**3,651**
**2,212**
**900**
**-**
**2,526**
**207,118**|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
-
5,822
3,754
-
682
-
7,709
-
4,901
2,271
6,000
647
2,105
208,391|
|---|---|---|---|---|---|
23
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2022
|Support costs continued
Balance B/fwd
Balance C/fwd
Coalfields Regeneration Trust
- Clothing
- Inspection
- Training
- Small equipment
STEP costs:
- Activities
- Premises
- Janitorial
- Inspection
- Equipment
Hampden core costs:
Trussell Trust - Financial Inclusion
- Building repairs
- Premises
South Tyneside Council - Holidays, activities and
food
Laygate - Supported living Accommodation core
costs:
- Salary costs
- House expenses
- Food
South Tyneside Council - Covid-19
National Lottery Community Fund
Greggs Hardship Fund
- Staff recruitment expenses
- NI costs
- Refurbishment
Grant refunds
- Trussell Trust
- Greggs Foundation
- Small equipment
Wellbeing:
- Office costs
- Pension costs
- Other expenses
- Payroll fees
- Salary costs
- Security
- Janitorial
- Premises costs
- Refreshments
- Inspections
- Other expenses
- Activities
- Office costs
- Bank charges
- Pension costs
- Agency staff
- NI costs|170,395
384
260
660
195
1,300
-
-
-
-
-
24,895
-
34,358
2,583
1,068
284
-
1,669
230
350
125
7,101
668
2,053
77
1,531
37,025
2,730
810
2,106
339
1,695
250
1,558
444
1,245
10,942
-
112
191
285
1,770
-
311,688|36,723
-
-
-
-
-
-
17,729
-
-
-
-
-
-
100
-
-
370
-
-
-
201
-
159
-
2,918
-
-
-
-
-
-
-
-
2,983
-
-
-
-
28,500
-
-
-
-
89,683|**207,118**
**384**
**260**
**660**
**195**
**1,300**
**-**
**17,729**
**-**
**-**
**-**
**24,895**
**-**
**34,358**
**2,683**
**1,068**
**284**
**370**
**1,669**
**230**
**350**
**326**
**7,101**
**827**
**2,053**
**2,995**
**1,531**
**37,025**
**2,730**
**810**
**2,106**
**339**
**1,695**
**250**
**4,541**
**444**
**1,245**
**10,942**
**-**
**28,612**
**191**
**285**
**1,770**
**-**
**401,371**|208,391
-
-
1,590
518
2,359
3,143
12,546
5,852
18,534
654
22,310
2,699
29,522
2,536
790
-
-
2,652
-
-
-
5,224
620
1,535
554
2,064
15,277
1,081
288
-
-
-
-
-
869
-
7,603
5,005
-
643
-
5,240
10,000|
|---|---|---|---|---|
|||||370,099|
24
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2022
|Support costs continued
Balance B/fwd
Governance costs
Trustees event
SHOP costs:
- Premises
Independent examiner's fees for reporting on the
accounts
- Telephone
- Janitorial
- Equipment
- Membership
- Food
- Office costs
- Cleaning
- Coalfields Regeneration Trust|311,688
-
1,416
389
287
486
156
318
501
301
802
1,512
317,856|89,683
-
5,345
-
-
-
-
-
4,331
-
-
-
99,359|**401,371**
**-**
**6,761**
**389**
**287**
**486**
**156**
**318**
**4,832**
**301**
**802**
**1,512**
**417,215**|370,099
2,710
-
-
-
-
-
-
-
-
-
1,008
373,817|
|---|---|---|---|---|
Expenditure on charitable activities was £420,200 (2021: £386,687) of which £320,841 was unrestricted or designated (2021: £219,950) and £99,359 was restricted (2021: £166,737)
## 11 **Fees for examination of the accounts**
|Independent examiner's fees for reporting on the accounts
Other accountancy services paid to the examiner|**2022**
**£**
**1,512**
**1,300**
**2,812**|2021
£
1,008
2,359
3,367|
|---|---|---|
## 12 **Analysis of staff costs and the cost of key management personnel**
|Salaries and wages
Social security costs
Pension costs (defined contribution pension plan)|**2022**
**£**
**134,488**
**17,528**
**7,624**
**159,640**|2021
£
123,296
9,821
2,286
135,403|
|---|---|---|
No employee received remuneration above £60,000 (2021: 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 £46,797 (2021: £36,902).
25
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2022
## 13 **Staff numbers**
The average monthly head count was 14 staff (2021: 13 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|**2022**
**Number**
**8.1**
**8.1**|2021
Number
5.6
5.6|
|---|---|---|
## 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 £13,000 was received (2021: £3,000).
## 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 £7,624 (2021: £2,286). There was £902 outstanding as at 31 October 2022 (2021: £486)
## 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.
26
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2022
|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**
18 **Stock**
19 **Donated food stock**
Added in period
Expensed in period
Impaired
Opening stock
Added in period
Expensed in period
Impaired
Closing stock
Closing stock
Opening stock|**Vehicle**
**£**
6,770
-
-
6,770
SL
25%
1,354
1,354
-
2,708
5,416
4,062|**Office and**
**computer**
**equipment**
**£**
4,601
5,855
-
10,456
SL
25%
3,510
2,082
-
5,592
1,091
4,864|**Freehold**
**land and**
**Buildings**
**£**
524,423
-
-
524,423
SL
50 years
22,752
5,688
-
28,440
501,671
495,983
**2022**
**£**
**-**
**6,180**
**( 4,330 )**
**-**
**1,850**
**2022**
**£**
**30,251**
**27,593**
**( 42,762 )**
**-**
**15,082**|**Total**
**£**
**535,794**
**5,855**
**-**
**541,649**
**27,616**
**9,124**
**-**
**36,740**
**508,178**
**504,909**
2021
£
20
-
-
( 20 )
-
2021
£
30,589
79,937
( 80,275 )
-
30,251|
|---|---|---|---|---|
## 20 **Debtors and prepayments (receivable within 1 year)**
|Prepayments
Debtors|**2022**
**£**
**22,211**
**3,046**
**25,257**|2021
£
4,625
3,411
8,036|
|---|---|---|
27
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2022
## 21 **Cash at bank and in hand**
|Cash at bank
Cash in hand|**2022**
**£**
**292,555**
**450**
**293,005**|2021
£
291,891
200
292,091|
|---|---|---|
## 22 **Creditors and accruals (payable within 1 year)**
|Prepaid income
Independent examination of the accounts
Other creditors
Accruals
Loan repayment
Credit card|**2022**
**£**
**1,440**
**10,000**
**652**
**-**
**2,145**
**14,237**|2021
£
1,008
10,000
1,370
228
2,192
14,798|
|---|---|---|
## 23 **Deferred income**
Deferred income comprises of advance payments from grants that relate to future periods
|Balance brought forward
Amount deferred in year
Amount released to income earned from
charitable activities
Balance carried forward|**2022**
**£**
**-**
**-**
**-**
**-**|**2021**
**£**
**44,348**
**( 44,348 )**
**-**
**-**|
|---|---|---|
## 24 **Events after the end of the reporting period**
No other significant events affecting the Charity since the year end.
## 25 **Analysis of charitable funds**
## **Analysis of movements in unrestricted funds For the year ended 31 October 2022**
|**Unrestricted funds**
General unrestricted fund
Designated funds:
Contingency Fund
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
89,308
224,000
313,308|**Incoming**
**resources**
£
294,581
-
294,581|**Resources**
**expended**
£
( 320,841 )
-
( 320,841 )|**Transfers**
£
25,690
( 25,000 )
690|**Fund**
**balances**
**carried**
**forward**
**£**
**88,738**
**199,000**
**287,738**|
|---|---|---|---|---|---|
28
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2022
## **For the year ended 31 October 2021**
|**Unrestricted funds**
General unrestricted fund
Designated funds:
Contingency Fund
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
122,308
71,000
193,308|**Incoming**
**resources**
£
326,550
-
326,550|**Resources**
**expended**
£
( 219,950 )
-
( 219,950 )|**Transfers**
£
( 139,600 )
153,000
13,400|**Fund**
**balances**
**carried**
**forward**
**£**
**89,308**
**224,000**
**313,308**|
|---|---|---|---|---|---|
|**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 2022**
|**Restricted funds**
Laygate Supported Living
Accommodation
Building Fund
Freehold land and Building
Trussell Trust - Financial Inclusion
TW&N Community Foundation -
Ringtons
Shop equipment
Trussell Trust - ASDA
Trussell Trust - OLM
Trussell Trust - Participation
Trussell Trust - Hampden
refurbishment
Trussell Trust - Cost of Living
Virgin Money - Shop
Joicey Trust - Shop
Royal Warrant Holders - Shop
TW&N Community Foundation -
Cooking on a Budget
**_Totals_**|**Fund**
**balances**
**brought**
**forward**
£
-
( 14,818 )
501,672
19,948
3,648
-
-
-
-
-
-
-
-
-
-
510,450|**Incoming**
**resources**
£
100
-
-
18,509
-
1,944
1,697
30,488
18,815
28,500
5,000
16,535
156
3,000
2,983
127,727|**Resources**
**expended**
£
( 100 )
-
( 5,688 )
( 18,069 )
( 3,648 )
( 486 )
-
( 21,692 )
( 8,517 )
( 28,500 )
-
( 9,520 )
( 156 )
-
( 2,983 )
( 99,359 )|**Transfers**
£
-
4,818
-
( 4,908 )
-
-
-
-
( 600 )
-
-
-
-
-
-
( 690 )|**Fund**
**balances**
**carried**
**forward**
**£**
**-**
**( 10,000 )**
**495,984**
**15,480**
**-**
**1,458**
**1,697**
**8,796**
**9,698**
**-**
**5,000**
**7,015**
**-**
**3,000**
**-**
**538,128**|
|---|---|---|---|---|---|
29
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2022
## **For the year ended 31 October 2021**
|**Restricted funds**
Laygate café
Greggs Foundation
Barbour Foundation
Sir James Knott Trust
Building Fund
Freehold land and Building
Asset - Laygate furniture
Durham County Community
Foundation - Sherburn House
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**
£
-
6,237
15,508
24,932
( 24,818 )
507,359
73
-
90
-
-
-
-
-
529,381|**Incoming**
**resources**
£
64,364
-
-
-
-
-
-
6,000
570
5,591
9,945
41,928
27,968
4,840
161,206|**Resources**
**expended**
£
( 40,964 )
( 6,237 )
( 15,508 )
( 24,932 )
-
( 5,687 )
( 73 )
( 6,000 )
( 660 )
( 5,591 )
( 9,945 )
( 21,980 )
( 27,968 )
( 1,192 )
( 166,737 )|**Transfers**
£
( 23,400 )
-
-
-
10,000
-
-
-
-
-
-
-
-
-
( 13,400 )|**Fund**
**balances**
**carried**
**forward**
**£**
**-**
**-**
**-**
**-**
**( 14,818 )**
**501,672**
**-**
**-**
**-**
**-**
**-**
**19,948**
**-**
**3,648**
**510,450**|
|---|---|---|---|---|---|
## **Purpose of restricted funds**
Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.
Laygate café Laygate Supported Living Accommodation Greggs Foundation Barbour Trust Sir James Knott Building Fund Freehold land and buildings Asset - Laygate furniture County Durham Community Foundation - Sherburn House Charity Greggs Hardship Grant TW&N Community Foundation - Coop Food Coalfields Regeneration Trust Trussell Trust Financial Inclusion National lottery community Fund TW&N Community Foundation - Ringtons Shop equipment Trussell Trust - ASDA
Funds to cover costs of Laygate cafe. Funds to cover costs of Laygate HMO.
Costs of operating Hampden Street. Staffing to develop the charity. Staffing costs. Funds to cover costs of Laygate property. Value of land and building less depreciation. Value of Laygate furniture less depreciation. Staffing costs.
Clothing for Supported Living Accommodation residents. Funds for the foodbank.
Funds for activities for Supported Living Accommodation residents. Funds for Financial inclusion Project. Funds for the foodbank. Funds for the Supported Living Accommodation.
Funds for purchasing equipment for Community Shop. Funds for purchasing stock for Foodbank.
30
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2022
## **Purpose of restricted funds (continued)**
Trussell Trust - OLM
Trussell Trust - Participation
Trussell Trust - Hampden refurbishment Trussell Trust - Cost of Living Virgin Money - Shop Joicey Trust - Shop Royal Warrant Holders - Shop TW&N Community Foundation - Cooking on a Budget
Funds to bring the lived experience of those suffering deprivation, to the table of statutory organisations to change thinking and inform decision Funds to deliver our community insight and research, working in the community to identify the root cause of deprivation at a macro level. Funds to refurbish Hampden Street Operations Centre.
Funds for purchasing stock for the Foodbank. Funds to develop community shop. Funds to develop community shop. Funds to develop community shop.
Funds to deliver Cooking on a Budget courses.
|**Transfers between funds**
**As at 31 October 2022**
Between restricted and unrestricted
funds.
Between restricted and unrestricted
funds.
Between restricted and unrestricted
funds.
Between unrestricted and
designated funds.
**Transfers between funds**
**As at 31 October 2021**
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**
Transfer to Building Fund loan.
**Reason for transfer**
Transfer to Building Fund loan.
Trussell Trust - Financial Inclusion contribution to core
costs.
Trussell Trust - Participation contribution to core costs.
Trustee decision to decrease Contingency fund for 2022-
23.
Trustee decision to increase Contingency fund for 2021-22.|**Amount**
**£**
**4,818**
**4,908**
**600**
**25,000**
**Amount**
**£**
**10,000**
**23,400**
**153,000**|
|---|---|
## 26 **Capital commitments**
As at 31 October 2022, the charity had no capital commitments (2021 -£nil)
|**nalysis of net assets between funds**
Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)|Unrestricted
Funds
£
4,062
255,724
27,952
287,738|Restricted
Funds
£
500,847
37,281
-
538,128|**Total**
**2022**
**£**
**504,909**
**293,005**
**27,952**
**825,866**|Total
restated
2021
£
508,178
292,091
23,975
824,244|
|---|---|---|---|---|
## 27 **Analysis of net assets between funds**
## 28 **Guarantee**
There have been no guarantees given by the charity at 31 October 2022.
31
## **HOSPITALITY AND HOPE CIO**
## **NOTES TO THE FINANCIAL STATEMENTS**
For the year ended 31 October 2022
## 29 **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 2022.
## 30 **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.
32