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← Hospitality And Hope

2023-10-31-accounts

Annual Report and Financial Statements

Hospitality and Hope

For the year ending 31 October 2023

Registered Charity Number 1159213

CONTENTS

Trustees Annual Report 1 to 20
Independent Examiners Report 21
Statement of Financial Activities 22
Balance Sheet 23
Cash Flow Statement 24
Notes to the Financial Statements 25 to 38

Hospitality and Hope

Annual report: November 2022 to October 2023

Executive Summary

Led by our Strategic Plan and our ‘evidence-based approach’, Hospitality and Hope has continued to build momentum offering greater depth to service delivery and a holistic approach to supporting individuals and communities in these very challenging times.

The work that we do is strategic. We have seen growth in the charity, an increase in staffing posts, the expansion of services and higher levels of support offered across multiple service areas. The Your Community Shops, our programme of Wellbeing Activities and our Supported Living Accommodation have all seen significant growth. New projects, a Food Sustainability project linked to South Tyneside Council, has also been added to the portfolio. We continue to deliver our South Tyneside Foodbank, our Debt and Welfare Benefit Advice Service and our Community Research and Lobbying.

We are well respected by both the local community and partner organisations. We are active, and challenging, members of the South Tyneside Poverty Group. Bringing our research evidence on the needs of our communities and a sleeves rolled up approach to provide practical solutions to making lives better. Our profile has been heightened: being short-listed in the CJS Awards as North East Charity of the Year; facilitated a news broadcast by Channel 4 Dispatches Programme which interviewed members of our Your Community Shops as part of the powerful story of struggle with hope; improved social media presence and a refreshed website.

Our Your Community Shops are creating neighbourhood hubs, that are successfully bringing residents together in their quest to combat food insecurity in a sustainable way. They are not like normal shops, but offer a hub for friendships, support, advice and building connections with others. Our extensive programme of health and wellbeing activities are now located within each of the community shops. This further strengthens the community connectiveness. We are also supporting the reduction of social isolation and seeing many members volunteering to offer support to this developing community resource and building, truly

‘A community within a community’

This year, across all service areas, we have supported 8,587 individuals with the breadth and depth of support offered to individuals significantly increased due to the expansion of services during the year.

1

1. Objectives and Activities

General

Our vision, values and enablers provide a solid foundation for us to deliver high quality services, high levels of engagement and positive outputs and outcomes.

Our Strategy

----- Start of picture text -----
The principles on how we Our Vision Our Key Activities
We are ambitious For the Community of South Tyneside to live with an increased Your Community Shops
sense of hope for a positive and self-reliant future
We are focused Wellbeing Services
Our Values
We are collaborative Food Bank
We are connected Compassio Integrity Inclusivity Empowermen Debt and Benefit Advice
n t
We are information led Supported Living
Our Priorities
Engagement and Participation
To reduce To improve To reduce To influence
School Uniform Charity Shop
food wellbeing homelessne those in
poverty ss power to
deliver
----- End of picture text -----

Working in partnership with others

Our success, in part, can be attributed to working effectively with other partner organisations. We have strengthened our working relationships with:

2

Changes to personnel

Board of Trustees: Our Chair, Pauline Tinnelly, retired in December 2022 after long service with the charity. There was an internal appointment made for her replacement. Sarah Green came to Hospitality and Hope from Virgin Money and has been a Trustee for four years. The board also appointed internally a new role of Vice-Chair. This was to provide some local support as the Chair lived outside of the area although she travelled frequently to the North East.

Brian Thomas, our CEO also retired in October. He leaves an important legacy and the charity with a strong focus and Strategic Plan to support us to continue to offer quality services to the local community. After an open recruitment process using a recruitment agency, Peter Maloney was appointed the new CEO. Peter, an ex-Vodaphone Executive was able to hit the ground running as he had been a Trustee with the charity for several years. A new role of Operations Director has been created.

3

Achievements and Performance

It has been an exceptionally busy year, with the successful securing of Government Levelling Up grants for both the Your Community Shops and our programme of Community Wellbeing activities. This has provided funding over more than two years to upscale both the breadth and depth of the support that we can now offer to our local communities.

Tackling Food Insecurity

This year, we have extended our portfolio of services that support this priority. We continue to provide emergency support with our South Tyneside Foodbank. An important development is the significant extension of our strategy to provide a more sustainable, medium-term solution with our Your Community Shops.

South Tyneside Foodbank

This year, our Trussell Trust registered Foodbank has seen the highest demand ever, with 2,255 food parcels distributed. National Government support for the Cost-Of-Living Crisis provided up to £900 of financial support for some households otherwise, potentially, demand may have been even higher.

Predictably, January was the peak of the demand, with 274 parcels distributed. At a time when demand for support is high, donations of food decreased. For the first time, the amount of stock going out was higher than that coming in via donations, no doubt as a direct result of the Cost-of Living Crisis. We had to purchase 20% of the food stock for the year. This was possible thanks to grant funding. Stock from collection points in supermarkets donated the highest level of stock (55%), followed by 11% directly from individuals and 9% from colleges and schools. Harvest Festival collections donated more than two tons of food in October.

Over the year, we supported 5,812 individuals (3,419 adults and 2,393 children).

4

Our newly refurbished meeting rooms at Hampden Street (funded by a grant from Trussell Trust) provides us with a welcoming space and environment to facilitate meaningful conversations with clients so that we can signpost to additional support, both internal and external.

A package of additional support was offered including the distribution of £30,000 of Household Support Fund (HSF) to 180 Foodbank clients. This provided £150 of vouchers paid in three instalments; the issuing of slow cookers to help reduce the cost of cooking meals and free mobile sim cards. At Christmas time, we also distributed gifts including supermarket vouchers, festive food items and gifts for children.

Foodbank Staffing: The support from our volunteer family was more than 1,560 hours of support to sort food and assemble parcels. This is a significant contribution, the equivalent of 0.8 FTE post. We had some changes to staffing in the Foodbank with a new Foodbank Coordinator supported by a Van Driver. In addition, we appointed an Operations Manager (September 2023) with responsibility for the Foodbank and marketing via social media.

Debt and Welfare Benefit Advice Service

We have continued to offer a Debt and Welfare Benefit Advice Service to our Foodbank clients. This specialist service is provided by Age Concern Tyneside South (ACTS) thanks to continued funding from the Trussell Trust. We have had an outstanding year with £921,047 returned into the local community. We were one of the highest performing Financial Inclusion Services in the Trussell Trust family.

5

Your Community Shops

Hospitality and Hope were one of only eight organisations that were successful in securing substantial funding from national Government Levelling Up funding, UK Shared Prosperity Fund via South Tyneside Council. From January 2023 to March 2025, we will be able to operate a network of three Your Community Shops, employ three staff members and provide volunteering opportunities for members of the local community supporting the growth of confidence and self-esteem, the development of skills and creating a vibrant community hub. At the same time, they offer a longer-term solution to food insecurity located within the communities of highest need. They are a local resource that also acts as a central hub for wider support including health and wellbeing activities.

The new funding builds on the success of our Horsley Hill branch (located within the ward of Harton and Horsley Hill) that was originally funded by a Virgin Money Foundation Grant. Although on a much smaller scale, this project allowed us to demonstrate the need and impact of a longer-term strategy. The additional income will increase capacity to support up to 150 households (circa 450 individuals) each week, averaging 650 visits per month. This is a significant upscaling of the capacity (as illustrated in the diagram below). As well as being able to support more people, the Community Shop model also provides longer-term support for households. Membership to the shop is for six months and allows members to make an average of £16 saving on each shop during that time. This differs from a Food Bank that provides only emergency support with limits of three to four visits over a six-month period.

It looks like a normal shop. Visitors can self-select food and household items as a ‘top-up’ shop, worth around £20, for a weekly fee of £4. We have a wide range of items available including frozen, tinned goods, fresh bread, fruit and vegetables, and household cleaning products. Supplemented further with free items donated from local supermarkets and allotments. Each shop will be open three days per week (9.30am to 3pm).

6

The Cost-of-Living Crisis is making it difficult for everyone. Our clients are families, employed people, people accessing Universal Credit and other benefits, elders in the community and single people. Anyone can become a member of the shop by making a self-referral (a move away from agency referral to support a wider range of households to access support) if they:

Our second Your Community Shop: Working in partnership with Age Concern Tyneside South (ACTS), we recruited and trained a group of eight volunteers and local community members to undertake community research on the feasibility of our second Your Community Shop. Our proposal was for it to be located at Hudson Street, Tyne Dock, South Shields. This is in the ward of Simonside and Rekendyke.

The ‘Community Researchers’ had conversations with a wide range of residents within the location. They collected a range of information using a structured questionnaire which sought to gather insight into the location, opening times and the type of wellbeing activities the community hub should offer.

Utilising the invaluable data gathered, the second Your Community Shop was opened in June 2023 following the recruitment of a paid staff role of Shop Supervisor.

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Community Shop Attendees

----- Start of picture text -----
800
694
700
600
541
516
500 487 463 486 476479
428 443 447 434423
400 370
300
252
197
200
100
54
0
Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23
Horsley Hill Hudson Street
----- End of picture text -----

During this year (November 2022 to October 2023), we registered 925 members across the two shops. Households made 7,190 visits which has generated a saving to the local community of £115,040 (the difference between the estimated value of each shop at £20 and the £4 membership fee paid).

The School Uniform Shop in partnership with The Andrews Group (TAG)

Having made the strategic decision to transfer all wellbeing activities and events to the Your Community Shops meant that we had unutilised shop front space in our Chai House building (part of our Supported Living Accommodation building) next to Chichester Metro. At the same time, we received an appeal from a local community group, The Andrews Group, who needed premises for their School Uniform Shop following the closure of premises within the town centre that had offered the service.

We have offered The Andrews Group (TAG) use of the premises for an initial six-month period (June to November 2023) working under the umbrella of Hospitality and Hope. This broadens further the range of support that Hospitality and Hope can offer to their beneficiaries while also supporting a local group and three volunteers.

8

Community Wellbeing

At the beginning we had offered a limited programme of health and wellbeing activities. This was delivered from a central location, our STEP Project, next to Chichester Metro Station. With the development of our Your Community Shop and funding to develop another two locations before 2025, late in 2022, we amended our delivery strategy for health and wellbeing to align their delivery to the shop locations.

We secured grant funding from The South Tyneside Fund to deliver a pilot project to assess the impact of wellbeing activities on reducing social isolation and increasing volunteering within the local community. This required intensive delivery between February and March 2023.

The ‘Activities on the Hill’ Project has been transformational in establishing a culture of community ownership and engagement and the fusing of the two key elements of the Your Community Shop which are to offer support for food insecurity and wraparound health and wellbeing activities. Collectively they offer a local resource and act as a hub in the community that is quickly becoming a go to destination for the local people.

The action research project gave Hospitality and Hope and the Your Community Shop Horsley Hill the focus, momentum and funding to implement a long-held desire to fully involve the local community in the design and delivery of the services provided at Your Community Shop. The project has enabled us to test our model of delivery with evidence-based practice and to demonstrate capability for ‘scalable and sustainable provision that works to increase regular volunteering and reduce chronic loneliness’.

“ I don’t have any family or friends, so this was a great way of meeting new people”.

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Despite the short timescale for delivery of this action research project, we have been overwhelmed by the positive impact – the levels of engagement that have successfully built social capital and has enabled us to:

This action research project has enabled us to significantly increase the participation of the local community with the Community Shop and hub. It has provided us with a template to further embed and enrich the offer that we make in true partnership with the local community. Following the successful completion of the pilot project, our application for a continuation of the project was approved. This provided funding from July 2023 to March 2025. The funding enabled us to extend our staffing support for the Wellbeing Team. Two Wellbeing Officers were appointed in October. Both progressed from our volunteer family, bringing with them valuable ‘Lived Experience’.

10

Supported Living Accommodation

Our Supported Living Accommodation (SLA) at Chai House has space for five homeless men. With a staff team of two, we have supported 19 residents during the year.

We continue to implement our ‘Passport to Independent Living’ model to ensure that our residents are on a successful transition to independent living.

Many of the residents have progressed into independent living securing tenancies with Cumbria Housing, Places for People and Local Authorities.

Case study : Mr D came to us following a referral from Emmaus. He is a recovering alcoholic. This was impacting on his ability to maintain his employment as a full-time Trainee Chef. Family relationships had been damaged and had broken down. However, it was clear to the staff team that the client was willing to engage with the aim of moving forward.

Mr D has engaged and enjoyed a photography course, which included days out in Northumberland. This had a huge impact on his wellbeing.

He has now been sober for 42 months.

Mr D has completed relevant training including a Health and Social Care Level 2 and is now working towards the Level 3 qualification. He has also completed other educational training courses and has access to an online learning portal.

Mr D has engaged well and enjoyed building relationships with other peers in Chai House.

He has volunteered within the Foodbank at Hospitality and Hope.

The longer-term plan is to continue support to ensure that Mr D can move into independent living, able to put into practice the broad base of skills that have been developed.

11

Our work has identified that some residents find the move from Chai House into independent living too great. To address this, we purchased a Move-On property on Western Approach to provide this ‘stepping stone’ for those clients that would benefit from a two-stage approach. The property can accommodate two residents and increases our capacity from five to seven residents.

“Being a resident within Hospitality and Hope has been very good. Teri is a great manager and cares and helps. Julie has helped me with appointments and cares too and helped me with my PIP application. I have had support with benefits and doctors too. I love it when they organise a day out and have been bowling and out for a meal. They helped me be ready to move to the Hospitality and Hope Move On Flat. I feel happy for once in my life.” Western Approach Resident

12

Research and lobbying

A Trussell Trust funded project, ‘My Voice Speaks’, was the beginning of our journey to better understand the needs of our local communities. It focused on working families and sought to tell their stories. The voices of parents and carers who, despite having a job, were just about managing. Identifying the real issues that matter most to families-their daily challenges, their experience of low pay, insecure work and the benefits system. The project listened to and gathered their ‘Lived Experience, which have all too often, been ignored in the past.’

A dedicated staff member engaged in community-focused research, invested time and space to build meaningful relationships with members of the local community through visits to our Foodbank, our Your Community Shops and by working in partnership with six primary schools. The schools’ exceptional understanding of their families’ needs played a vital role in accessing this target group. The University of Sunderland provided academic rigor for the project.

The research facilitated ten workshops and undertook 13 individual interviews with parents. The diverse group comprised of a caretaker, a self-employed textile artist, a pharmacist, carers, shop assistants and individuals working in schools as Classroom Assistants, pastoral staff and School Lunchtime Supervisors. All participants worked in the private, public and third sectors with a combination of full-time, agency, temporary, term time only and zero contract hours. Several individuals had multiple jobs, not out of choice, but out of necessity.

“I am constantly juggling, it’s like a battle managing two jobs and family and friends, I don’t have a life. I don’t tell my friends how much I earn it is embarrassing. I am stressed all the time. I don’t know myself anymore.”

The project highlighted what we already know, that working families in our community of South Tyneside are struggling. In fact, not just struggling, too many are in desperate financial hardship. The increasing costs of housing and the Cost-of-Living Crisis are just two areas that working families are worried about and for most of the group, low wages and the benefits system are not sufficient.

“I worry about money all the time it makes me feel sick and I don’t know how I am going to pay the bills. I have bought electric blankets. That’s what our family does now to keep warm its cheaper than putting the heating on.”

13

Hear me speak Positive Change: Although the project hasn’t changed individual circumstances, it has at least given some of our working families a real chance to express their opinions and reallife experience. There was a notable shift at the end of the project and a positive sense that the group at least felt listened to.

Key outcomes and themes: The findings of the research were written in a report and published as evidence to the Select Committee for the Benefit UK Enquiry. The work has also been shared with local MP, Emma Lewell-Buck and the Poverty Strategy Group of South Tyneside Council (STC):

Job insecurity, and unpredictable working hours: Parents, especially those on zero-hour contracts, faced challenges with varying work hours, affecting mental health and family stability. One individual working for Amazon shared the physical and mental toll of the job, highlighting the pressure to meet strict targets and the fear of losing employment.

Childcare challenges: The need for more affordable and flexible childcare support was a unanimous concern among parents as initial childcare expenses and the unavailability of services in the local area.

Impact of the benefits system: The benefits system was a significant cause of stress, with parents feeling it was too restrictive and not supportive. The complexity of the system, lack of information and delays in receiving benefits were major challenges. Parents expressed feeling trapped and limited in their choices regarding work and financial decisions.

Negative impact of language and perception: Participants highlighted the negative impact of government and media language on their work and welfare benefits.

Self-Employment: Self-employed individuals, especially single parents, face challenges balancing childcare responsibilities with fluctuating incomes. Navigating the benefit system was particularly challenging for self-employed parents, contributing to mental health struggles.

Support staff and educational system challenges: Support staff in schools faced financial struggles, housing insecurities and emotional health impacts. Low pay, disparities in compensation and inadequate representation in decision-making were significant concerns. Issues in accessing services for children with special needs highlighted challenges in the education and healthcare systems.

Nutritional inequality: Support staff advocated for free school meals for all children, emphasising the financial challenges faced by families to provide nutritious food.

Housing costs and living expenses: Increasing housing costs, the cost-of-living crisis and low wages were major concerns for working families. The group stressed the need for more affordable housing and financial support for families facing housing challenges.

Hospitality and Hope is committed to ensuring that the voices of our working families of South Tyneside are heard by local and national policy makers.

14

Food sustainability

Again, by successfully working in partnership with other organisations within the borough, we have been able to extend our portfolio of work to include Food Sustainability. As a partner within a second UK Shared Prosperity Fund (UKSPF) project led by Women’s Health in South Tyneside (WHiST), Hospitality and Hope now employ a Food Sustainability Manager. The project is leading on the co-ordination of a South Tyneside Council (STC) Project:

“To collaboratively deliver a more sustainable food system for South Tyneside, enabling access to food that is equitable and healthy for residents, organisations and the planet”.

The project is still in the early stages of development but has developed a brand: STOC (South Tyneside Open Collective). It’s four key priorities are:

  1. Inspiring a local Good Food Movement

  2. Tackling Food Poverty and diet related ill-health

  3. Promoting a sustainable food economy

  4. Food for the Planet: Environment sustainability

15

Financial Review

The charity’s financial position at the end of the year is shown in the attached financial statements.

During the year the charity had an income of £694,477 of which £289,587 was restricted (2022: £422,308 of which £127,727 was restricted) and expenditure of £636,614 of which £293.716 was restricted (2022: £420,200 of which £99,359 was restricted). *These figures include the value of donated and distributed food supplies.

There was an operating surplus in the year of £57,863 of which £5,871 was restricted (2022: surplus £2,108 of which £27,678 was restricted). On the 31 October 2023 the charity had net assets of £883,729 of which £543,999 was restricted (2022: £825,866 of which £538,128 was restricted). The net assets of the charity includes £490,295 which is the book value of the freehold land and building at Laygate, which houses our supported living unit and uniform shop and £12,437 which is the book value of food stock of South Tyneside Foodbank.

Staffing 22/23

1 FT Chief Executive Officer

1 FT Operations Director 1 FT Operations Manager 1FT Housing Support Manager 1FT Food Sustainability Officer 1FT Wellbeing Manager 1.6FTE Shop Supervisors 0.6FTE Office Manager 0.6FTE Finance Officer 0.6FTE Housing Support Officer

0.6FTE Participation Officer 0.5FTE Foodbank Officer 0.3FTE Wellbeing Officer 0.2FTE Driver

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.

16

The Year Ahead - In 2023 to 2024 we will deliver the following priorities:

Priority One: Tackling Food Insecurity

Priority Two: Reducing Homelessness

Priority Three: Improving Community Wellbeing

2023/24 •
To have secured the funds necessary to maintain our debt advisory service to food
bank beneficiaries beyond 2024.
•
To have delivered £600k (cumulative £1.1m) in recovered benefits or written off
debt for those accessing the debt advisory service.
•
To have secured the funding and developed a one-stop wellbeing hub in our third
Your Community Shop.
•
To have secured the attendance of 1,980 from within our communities at our
wellbeing sessions.

Priority Four:

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A BIG thank you to our supporters

Despite it being a tough year for everyone, Hospitality and Hope have continued to receive very generous donations from the local community and many charitable foundations both local and national. We have ‘bucked the trend’ with increasing levels of donations and grants received. A very big thank you to all our supporters, large and small. Every penny counts in this quest to support the most vulnerable in our borough, all who need our services more than ever.

South Tyneside Council Trussell Trust Barbour Foundation ACTS WHIST Tyne & Wear & Northumberland Community Foundation Virgin Money Foundation Screwfix JH Lightfoot Gisela Graham Foundation County Durham Community Foundation WA Handley CT Greggs Foundation Hedley Denton CT J Fenwick CF Catherine Cookson CT Percy Hudson 1990 CT Riverside Foundation Skipton BS Hadrian Trust Sir James Priestman CF Kelly CT MI Dickson Souter CT Marsh Christian Trust Durham Masons

Heartfelt thanks is also offered to our team of volunteers who tirelessly support us each week in our Community Shops, our Wellbeing Services and of course our Foodbank. We simply could not have delivered the great work demonstrated within this last year without their dedication and commitment to Hospitality & Hope and the communities we serve.

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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 Trustees and Members of the Board Pauline Tinnelly (chair) - resigned 18.1.23 Sarah Green (chair) - resigned 31.12.23 Professor Lynne McKenna MBE (chair) - appointed 21.9.23 Louise Lydon (Vice Chair) Sue Chilton (Treasurer) Sir David Chapman BT Peter Maloney - resigned 11.8.23 Karen Richardson Magnus Willis Chief Executive/Senior staff member Brian Thomas - retired 31.10.23 Independent Examiner Doug Maltman FMAAT Connected Voice Business Services One Strawberry Lane Newcastle Upon Tyne NE1 4BX Bankers HSBC 110 Grey Street Newcastle Upon Tyne NE1 6JG

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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:

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 20.08.2024 and signed on their behalf by:

L McKenna Chair

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HOSPITALITY AND HOPE CIO

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 October 2023

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 2022 ("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:

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:

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 Fellow Member of the Association of Accoutancy Technicians Connected Voice Business Services One Starwberry Lane Newcastle upon Tyne NE1 4BX Date: 20.08.2024

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HOSPITALITY AND HOPE CIO

STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31 October 2023

----- Start of picture text -----
Unrestricted Restricted Total Total
Funds Funds 2023 2022
£ £ £ £
Income from:
Donations and legacies 6 121,191 - 121,191 81,587
Charitable activities
Grants and contracts 7 153,551 289,587 443,138 274,680
Other trading activities 8 130,148 - 130,148 66,041
Total income 404,890 289,587 694,477 422,308
Expenditure on:
Raising funds 9 11,470 - 11,470 2,985
Charitable activities
Operation of the charity 10 331,428 293,716 625,144 417,215
Total expenditure 342,898 293,716 636,614 420,200
Net income/(expenditure) before
61,992 ( 4,129 ) 57,863 2,108
transfers
Transfers between funds ( 10,000 ) 10,000 - -
Net movement of funds 51,992 5,871 57,863 2,108
Reconciliation of funds
Total funds brought forward 287,738 538,128 825,866 823,758
Total funds carried forward 339,730 543,999 883,729 825,866
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

22

Charity Number 1159213

HOSPITALITY AND HOPE CIO

BALANCE SHEET

As at 31 October 2023

----- Start of picture text -----
Total Total
2023 2022
£ £ £ £
Fixed assets
Tangible assets 17 553,236 504,909
Total fixed assets 553,236 504,909
Current assets
Stock 18 5,847 1,850
Donated food stock 19 12,437 15,082
Debtors 20 41,659 25,257
Cash at bank and in hand 21 289,189 293,005
Total current assets 349,132 335,194
Creditors: amounts falling due within
one year 22 ( 18,639 ) ( 14,237 )
Net current assets 330,493 320,957
Total assets less current liabilities 883,729 825,866
Total net assets or liabilities 883,729 825,866
Funds of the charity
Unrestricted income funds 339,730 287,738
Restricted income funds 543,999 538,128
Total funds 883,729 825,866
These financial statements were approved by the Board on: 20.08.2024
and are signed on its behalf by: L McKenna
Chair
Notes
----- End of picture text -----

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Charity Number 1159213

HOSPITALITY AND HOPE CIO

STATEMENT OF CASH FLOWS

For the year ended 31 October 2023

----- Start of picture text -----
2023 2022
£ £
Cash flows from operating activities
Net movement of funds 57,863 2,108
Add back:
Depreciation 16,126 9,124
Interest expense 369 260
Increase in inventory ( 1,352 ) 13,319
Increase in trade receivables ( 16,402 ) ( 17,219 )
Increase in trade payables 4,402 ( 561 )
Cash generated from operations 61,006 7,031
Less:
Interest paid ( 369 ) ( 260 )
Net cash from operating activities 60,637 6,771
Cash flow from investing activities
Purchase of property, plant and equipment ( 64,453 ) ( 5,857 )
Net cash used in investing activities ( 64,453 ) ( 5,857 )
Decrease in cash and cash equivalents ( 3,816 ) 914
Cash and cash equivalents at start of year 293,005 292,091
Cash and cash equivalents at end of year 289,189 293,005
Notes
----- End of picture text -----

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HOSPITALITY AND HOPE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2023

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 2022.

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 £339,730 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.

25

HOSPITALITY AND HOPE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2023

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.

Vehicle Straight line over 5 years Flat 11% straight line Office and computer equipment 25% straight line Freehold land and buildings Straight line over 50 years

26

HOSPITALITY AND HOPE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2023

Analysis of income

6
7		 Donations and legacies
Charitable activities
Income from grants
Albert Hunt Trust
Balance C/fwd
J Fenwick
Skipton Building Society
Hadrian Trust - Foodbank
Virgin Money Foundation - Cost of living
Community Foundation - KYN
Riverside Foundation
Barbour Foundation
Screwfix
W A Handley Charitable Trust
Henfry Charitable Trust
Arnold Clark Auto
Virgin Money Foundation
Trussell Trust HS - Refurbishment
Grocers Charity
John Lewis
Pease Family
Royal Warrant Holders
Joicey Trust
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
County Durham Community Foundation -
Sherburn House Charity
TW&N Community Foundation - Foodbank
Karbon Homes - Winter Wellbeing
Tenants rent
South Tyneside Council - Foodbank
Gisela Graham Foundation
TW&N Community Foundation - Willan
Trussell Trust - ASDA
Greggs Hardship Grant
Donated goods for distribution to recipients		 Unrestricted
Funds
£
75,675
43,003
2,513
121,191
-
6,500
-
-
-
10,000
4,000
-
-
1,660
36,000
-
-
5,598
-
2,805
2,000
-
-
-
-
-
-
-
-
4,265
10,000
-
16,500
-
-
-
3,763
5,000
1,500
109,591		 Restricted
Funds
£
-
-
-
-
50
-
-
3,900
-
-
16,361
-
1,250
-
-
-
3,287
30,689
-
18,703
-
-
13,216
-
-
-
-
-
-
-
-
4,675
-
500
2,000
2,925
18,347
-
-
115,903		 Total
2023
£
75,675
43,003
2,513
121,191
50
6,500
-
3,900
-
10,000
20,361
-
1,250
1,660
36,000
-
3,287
36,287
-
21,508
2,000
-
13,216
-
-
-
-
-
-
4,265
10,000
4,675
16,500
500
2,000
2,925
22,110
5,000
1,500
225,494		 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

27

HOSPITALITY AND HOPE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2023

Income from grants (continued)

Balance B/fwd
Trussell Trust - Financial inclusion
Catherine Cookson Charitable Trust
Souter Charity Trust
South Tyneside Council - SPF
Age Concern
South Tyneside Council - Charis
J H Lightfoot
Sir James Priestman
Percy Hedley 1990 Charitable Trust
The Trussell Trust
Durham Masons
Kelly Charity Trust
M Dickson
Marsh Christian Trust
Whist Food Sustainability
South Tyneside Council - (Summer) HAF		 Unrestricted
Funds
£
109,591
-
500
3,854
1,000
500
5,000
500
-
-
200
500
3,000
18,689
4,194
3,012
3,011
153,551		 Restricted
Funds
£
115,903
-
-
19,054
-
-
-
-
175
1,000
-
-
-
99,575
-
34,000
19,880
289,587		 Total
2023
£
225,494
-
500
22,908
1,000
500
5,000
500
175
1,000
200
500
3,000
118,264
4,194
37,012
22,891
443,138		 Total
2022
£
221,469
31,000
-
22,211
-
-
-
-
-
-
-
-
-
-
-
-
-
274,680
8
Other trading activities
Supported Living Accommodation
residents
Shop takings
Fundraising events		 312
94,835
35,001
130,148		 -
-
-
-		 312
94,835
35,001
130,148		 830
61,835
3,376
66,041

Income was £694,477 (2022: £422,308) of which £404,890 was unrestricted or designated (2022: £294,581) and £289,587 was restricted (2022: £127,727)

28

HOSPITALITY AND HOPE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2023

Analysis of expenditure on charitable activities

9
10		 Raising funds
Charitable activities
Direct costs
Support costs
Balance C/fwd
Staff NI
- Bank charges
- Other expenses
Core costs:
- HR support
- Staff NI
Staff salaries
Pension costs
Staff travel
Fundraising costs - salary
- Volunteer costs
- Office costs
- Insurance
- Refreshments
- Health and Safety
Fundraising costs
- Staff salaries
- Pension costs
- Food
Donated goods distributed to recipients
Food bank core costs:
- ICT software
- Marketing and communications
- Equipment
- Depreciation
Staff training
- Staff recruitment expenses
Staff - Other expenses
- M&E Consultancy
- Literature
- Vehicle costs
- Membership fees
- Sundry
- Payroll fees
- Staff - Other expenses
- Charis vouchers		 Unrestricted
Funds
£
11,441
29
11,470
81,276
11,505
9,399
7,494
43,101
-
2,712
1,979
-
-
2,115
-
-
-
1,143
35
191
2,861
3,988
200
9,489
2,958
9,952
2,860
10,024
2,918
-
-
7,295
369
333
1,473
215,670		 Restricted
Funds
£
-
-
-
81,148
-
-
-
-
19,184
-
-
37
34,000
-
658
7,242
48
2,449
-
-
223
-
474
-
-
6,174
-
500
1,441
1,000
-
-
-
-
-
154,578		 Total
2023
£
11,441
29
11,470
162,424
11,505
9,399
7,494
43,101
19,184
2,712
1,979
37
34,000
2,115
658
7,242
48
3,592
35
191
3,084
3,988
674
9,489
2,958
16,126
2,860
10,524
4,359
1,000
-
7,295
369
333
1,473
370,248		 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
3,109
2,784
481
1,377
2,264
9,125
20
3,651
2,212
900
2,526
384
260
195
1,300
209,917

29

HOSPITALITY AND HOPE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2023

Support costs continued
Balance B/fwd
Balance C/fwd
- Premises costs
- Inspections
- NI costs
- Refurbishment
Grant refunds
- Trussell Trust
Hampden core costs:
- Building repairs
- Premises
South Tyneside Council - Holidays, activities and
food
Laygate - Supported living Accommodation core
costs:
- Salary costs
- Salary costs
- Security
- Janitorial
- Small equipment
- Clothing
- Inspection
- Training
- Small equipment
STEP costs( now Uniform costs):
- Activities
- Premises
- Janitorial
- Inspection
- Food
- Uniforms purchased
Wellbeing:
- Activity costs
- Pension costs
- Office costs
- Pension costs
- Agency staff
- House expenses
- Equipment
- Food
- Activities
- Other expenses
- Activities
- Equipment
Move on flat
- Premises
Trussell Trust - Financial Inclusion
- NI costs
- House expenses		 215,670
-
-
40,074
3,021
1,202
-
-
942
557
435
-
8,818
2,000
3,091
2,685
3,268
3,720
97
969
324
118
-
2,130
1,555
2,711
1,847
261
1,104
85
-
852
-
10,743
8,866
-
-
1,335
286
-
318,766		 154,578
18,259
-
-
-
-
-
-
-
-
-
-
-
-
-
50
-
-
-
-
-
-
15,370
-
-
9,088
-
-
-
-
-
-
-
-
4,758
-
-
-
-
-
202,103		 370,248
18,259
-
40,074
3,021
1,202
-
-
942
557
435
-
8,818
2,000
3,091
2,735
3,268
3,720
97
969
324
118
15,370
2,130
1,555
11,799
1,847
261
1,104
85
-
852
-
10,743
13,624
-
-
1,335
286
-
520,869		 209,917
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

30

HOSPITALITY AND HOPE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2023

Support costs continued
Balance B/fwd
Governance costs
Independent examiner's fees for reporting on the
accounts
- Set up costs
Trustees event
- Telephone
- Janitorial
- Equipment
- Membership
- Food
- Office costs
Community shops costs:
- Premises
- Cleaning		 318,766
4,583
2,212
527
318
776
660
-
59
666
1,409
1,452
331,428		 202,103
16,657
-
120
-
-
-
60,807
834
12,112
1,083
-
293,716		 520,869
21,240
2,212
647
318
776
660
60,807
893
12,778
2,492
1,452
625,144		 401,371
6,761
389
287
486
156
318
4,832
301
-
802
1,512
417,215

Expenditure on charitable activities was £636,614 (2022: £420,200) of which £342,898 was unrestricted or designated (2022: £320,841) and £293,716 was restricted (2022: £99,359)

11 Fees for examination of the accounts

Other accountancy services paid to the examiner
Independent examiner's fees for reporting on the accounts		 2023
£
1,452
1,473
2,925		 2022
£
1,512
1,300
2,812

12 Analysis of staff costs and the cost of key management personnel

Pension costs (defined contribution pension plan)
Salaries and wages
Social security costs		 2023
£
133,791
19,368
14,135
167,294		 2022
£
134,488
17,528
7,624
159,640

No employee received remuneration above £60,000 (2022: 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 £48,240 (2022: £46,797).

31

HOSPITALITY AND HOPE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2023

13 Staff numbers

The average monthly head count was 19 staff (2022: 14 staff) and the average monthly number of full-time equivalent employees during the year were as follows:

The parts of the charity in which the employee's work
Charitable activities		 2023
Number
8.9
8.9		 2022
Number
8.1
8.1

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

The following detail the expenses incurred by the trustees.

Accommodation
Travel		 2023
£
1,359
50
1,409		 2022
£
-
-
-

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 £6,500 was received (2022: £13,000).

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 £14,135 (2022: £7,624). There was £973 outstanding as at 31 October 2023 (2022: £902)

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.

32

HOSPITALITY AND HOPE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2023

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
Opening stock
Closing stock
Closing stock
Expensed in period
Impaired
Added in period
Expensed in period
Impaired
Opening stock
Added in period		 Flat
£
-
62,068
-
62,068
SL
11%
-
6,207
-
6,207
-
55,861		 Vehicle
£
6,770
-
-
6,770
SL
25%
2,708
1,354
-
4,062
4,062
2,708		 Office and
computer
equipment
£
10,456
2,385
-
12,841
SL
25%
5,592
2,877
-
8,469
4,864
4,372		 Freehold
land and
Buildings
£
524,423
-
-
524,423
SL
50 years
28,440
5,688
-
34,128
495,983
490,295
2023
£
1,850
60,837
( 56,840 )
-
5,847
2023
£
15,082
43,003
( 45,648 )
-
12,437		 Total
£
541,649
64,453
-
606,102
36,740
16,126
-
52,866
504,909
553,236
2022
£
-
6,180
( 4,330 )
-
1,850
2022
£
30,251
27,593
( 42,762 )
-
15,082

20 Debtors and prepayments (receivable within 1 year)

Prepayments
Debtors		 2023
£
39,349
2,310
41,659		 2022
£
22,211
3,046
25,257

33

HOSPITALITY AND HOPE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2023

21 Cash at bank and in hand

Cash at bank
Cash in hand		 2023
£
289,189
-
289,189		 2022
£
292,555
450
293,005

22 Creditors and accruals (payable within 1 year)

Accruals
Loan repayment
Independent examination of the accounts
Other creditors
Prepaid income
Credit card		 2023
£
1,452
-
3,257
-
13,930
18,639		 2022
£
1,440
10,000
652
-
2,145
14,237

23 Deferred income

Deferred income comprises of advance payments from grants that relate to future periods

Balance carried forward
Amount deferred in year
Amount released to income earned from
charitable activities
Balance brought forward		 2023
£
-
-
-
-		 2022
£
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 2023

Unrestricted funds
General unrestricted fund
Designated funds:
Contingency Fund
Totals		 Fund
balances
brought
forward
£
88,738
199,000
287,738		 Incoming
resources
£
404,890
-
404,890		 Resources
expended
£
( 342,898 )
-
( 342,898 )		 Transfers
£
( 10,000 )
-
( 10,000 )		 Fund
balances
carried
forward
£
140,730
199,000
339,730

34

HOSPITALITY AND HOPE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2023

Analysis of movements in unrestricted funds continued

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

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 2023

Restricted funds
Building Fund
Freehold land and Building
Trussell Trust - Financial Inclusion
Shop equipment
Trussell Trust - ASDA
Trussell Trust - OLM
Trussell Trust - Participation
Trussell Trust - Cost of Living
Virgin Money Foundation - Shop
Royal Warrant Holders - Shop
Greggs Foundation - Supported
Living Accommodation
Whist Food Sustainability
South Tyneside Council - Charis
South Tyneside Council -
Community Shops
TW&N CF Know Your
Neighbourhood
County Durham CF - Sherburn
House
Karbon Homes - Winter Wellbeing
Screwfix
Skipton Building Society
Hadrian Trust - Foodbank
Trussell Trust - Foodbank
Balance C/fwd		 Fund
balances
brought
forward
£
( 10,000 )
495,984
15,480
1,458
1,697
8,796
9,698
5,000
7,015
3,000
-
-
-
-
-
-
-
-
-
-
-
538,128		 Incoming
resources
£
-
-
19,054
-
1,890
30,689
18,703
-
16,141
-
50
19,880
34,000
99,575
34,708
3,900
1,250
4,675
500
2,000
1,572
287,015		 Resources
expended
£
-
( 5,688 )
( 18,599 )
( 486 )
-
( 34,368 )
( 17,810 )
-
( 23,156 )
( 3,000 )
( 50 )
( 19,880 )
( 34,000 )
( 99,575 )
( 23,458 )
( 3,900 )
-
( 4,675 )
( 500 )
( 2,000 )
( 1,572 )
( 291,145 )		 Transfers
£
10,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
10,000		 Fund
balances
carried
forward
£
-
490,296
15,935
972
3,587
5,117
10,591
5,000
-
-
-
-
-
-
11,250
-
1,250
-
-
-
-
543,999

35

HOSPITALITY AND HOPE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2023

Analysis of movement in restricted funds continued
For the year ended 31 October 2023
Balance C/fwd
538,128
287,015
Durham Masons - Wellbeing and
Support Officer
-
1,000
Totals
538,128
288,015		 ( 291,145 )
( 1,000 )
( 292,145 )		 10,000
-
10,000		 543,999
-
543,999

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 Foundation - 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

Purpose of restricted funds

Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.

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

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.

36

HOSPITALITY AND HOPE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2023

Purpose of restricted funds (continued)

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 Trussell Trust - OLM

Trussell Trust - Participation

Trussell Trust - Hampden refurbishment Trussell Trust - Cost of Living Virgin Money Foundation - Shop Joicey Trust - Shop Royal Warrant Holders - Shop TW&N Community Foundation - Cooking on a Budget Greggs Foundation - Supported Living Accommodation Whist Food Sustainability

South Tyneside Council - Charis South Tyneside Council - Community Shops TW&N CF Know Your Neighbourhood County Durham - Sherburn House Karbon Homes - Winter Wellbeing Screwfix Skipton Building Society Hadrian Trust - Foodbank Trussell Trust - Foodbank Durham Masons - Wellbeing and Support Officer

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. 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.

Funds to cover costs of Laygate HMO.

Funds to develop a food sustainability plan and deliver cooking on a budget courses. Funds to provide food or utilties vouchers to foodbank clients. Funds to develop community shops.

Funds to deliver well-being activities through the community shops.

Funding for food stock for the Community Shop. Funding for food stock for the Food Bank. Funds to refurbish the toilets at Hampden Street Operational centre. Funding for food stock for the Food Bank. Funding for food stock for the Community Shop. Funds to purchase food for foodbank. Funds towards salary of the Wellbeing Officer.

Transfers between funds
As at 31 October 2023
Between restricted and unrestricted
funds.
Transfers between funds
As at 31 October 2022
Between restricted and unrestricted
funds.
Between restricted and unrestricted
funds.
Between restricted and unrestricted
funds.
Trussell Trust - Participation contribution to core costs.
Transfer to Building Fund loan.
Trussell Trust - Financial Inclusion contribution to core
costs.
Reason for transfer
Reason for transfer
Transfer to Building Fund loan.		 Amount
£
10,000
Amount
£
4,818
4,908
600

37

HOSPITALITY AND HOPE CIO

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2023

Transfers between funds
continued
As at 31 October 2022
Between unrestricted and
designated funds.
Reason for transfer
Trustee decision to decrease Contingency fund for 2022-
23.		 Amount
£
25,000

26 Capital commitments

As at 31 October 2023, the charity had no capital commitments (2022 -£nil)

nalysis of net assets between funds
Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)		 Unrestricted
Funds
£
58,569
239,857
41,304
339,730		 Restricted
Funds
£
494,667
49,332
-
543,999		 Total
2023
£
553,236
289,189
41,304
883,729		 Total
restated
2022
£
504,909
293,005
27,952
825,866

27 Analysis of net assets between funds

28 Guarantee

There have been no guarantees given by the charity at 31 October 2023.

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 2023.

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 2022.

38