Charity Number: 1160274
THE HOPE PROGRAMME
FINANCIAL STATEMENTS For the year ended 31 MARCH 2024
Miller & Co Chartered Accountants Luton
THE HOPE PROGRAMME
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
Statement of Financial Activities Balance Sheet Notes to the Financial Statements Accountants Report |
Page 1 2 3 9 |
|---|---|
The Hope Programme
Statement of Financial Activities for the year ended 31 March 2024
| Note Income and endowments from: Donations and legacies Charitable activities 2 Other Total income and endowments Expenditure on: Charitable activities 3 Raising funds Other 4 Total expenditure Net (deficit)/income Transfers between funds Net movement in funds Reconciliation of Funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ - - - - 18,783 - 579 19,362 (19,362) - (19,362) 19,362 - |
Restricted funds £ - - - - 30,653 - - 30,653 (30,653) - (30,653) 79,735 49,082 |
2024 Total £ - - - - 49,436 - 579 50,015 (50,015) - (50,015) 99,097 49,082 |
2023 Total £ - 91,020 - |
|---|---|---|---|---|
| 91,020 65,793 - 18,427 |
||||
| 84,220 | ||||
| 6,800 - |
||||
| 6,800 92,297 |
||||
| 99,097 |
Page 1
The Hope Programme
Balance Sheet
as at 31 March 2024
| Note Current assets Cash at bank Cash in hand Other debtors Creditors: amounts falling due within one year Other creditors Accruals Net current assets Net assets Capital funds Unrestricted 10 Restricted 10 Total funds |
2024 £ 49,682 - - 49,682 - 600 |
2023 £ 101,227 - - |
|---|---|---|
| 101,227 - 2,130 |
||
| 600 49,082 49,082 - 49,082 49,082 |
2,130 | |
| 99,097 | ||
| 99,097 | ||
| 19,362 79,735 |
||
| 99,097 |
SIGNED ON BEHALF OF THE BOARD OF TRUSTEES:
___ _____ Chair – Linda Parsons Treasurer – Tim Pascoe
Page 2
The Hope Programme
Notes to the financial statements
for the year ended 31 March 2024
1 Accounting Policies
General information and basis of preparation
The Hope Programme is a Charitable Incorporated Organisation. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities : Statement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charity’s constitution, the Charities Act 2011 and UK Generally Accepted Accounting Practice.
The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the 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 issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
As explained in Note 12, the charity ceased trading on 31 March 2023 and the financial statements have therefore been prepared on a basis other than the going concern basis. This basis includes where applicable, writing the charity’s assets down to net realisable value. No provision has been made for the future costs of ceasing to trade.
The financial statements are presented in pounds sterling and rounded to the nearest pound. The address of the principal office is given in the reference and administrative details section of the trustees’ annual report.
Unrestricted and restricted funds
Unrestricted funds are grants and other income received for the objects of the charity without further specified purpose and are available as general funds.
Restricted funds are those funds which are to be used for specific purposes as laid down by the donor or the trustees. Expenditure which meets these criteria is identified to the funds, together with a fair allocation of administration and support costs.
Income recognition
Donations and other income are recognised when received. Grants are recognised when received or when the charity has legal entitlement to them, the amount can be reliably measured and there is sufficient certainty of receipt them.
Expenditure recognition
Expenditure is recognised when the amount can be reliably measured, there is a legal obligation to make it and it is probable that settlement will be required.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
Debtors and creditors receivable/payable within one year
Grants, other debtors and creditors receivable or payable within one year are recorded at transaction price.
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The Hope Programme
Notes to the accounts
for the year ended 31 March 2024
1 Accounting Policies (continued)
Leasing commitments
Rentals paid under operating leases are charged to income as incurred.
2 Charitable Activities
| Grants Ministry of Justice Steel Charitable Trust Garfield Weston Foundation Other |
Unrestricted Funds £ - - - - - |
Restricted Funds £ - - - - - |
Total 2024 £ - - - - - |
Total 2023 £ 86,020 5,000 - - |
||
|---|---|---|---|---|---|---|
| 91,020 |
Grants received in 2023 totalled £91,020 of which £5,000 was attributable to unrestricted funds and £86,020 was attributable to restricted funds.
3 Analysis of expenditure on charitable activities
| Counselling Accountancy fees Funding returned to funders Equipment expensed Insurance Office rental Management (see note 5) Recruitment costs Service delivery Telephone Travel and subsistence |
Unrestricted Funds £ 415 600 - - - - 17,593 - - 175 - |
Unrestricted Funds £ 415 600 - - - - 17,593 - - 175 - |
Restricted Funds £ 3,643 109 20,650 - - - 6,251 - - - - |
Restricted Funds £ 3,643 109 20,650 - - - 6,251 - - - - |
Total 2024 £ 4,058 709 20,650 - - - 23,844 - - 175 - |
Total 2023 £ 27,835 3,428 - 638 761 1,749 27,420 2,965 40 594 363 |
|
|---|---|---|---|---|---|---|---|
| 18,783 | 30,653 | 49,436 | 65,793 |
Expenditure on charitable activities in 2023 totalled £65,793 of which £8,275 was attributable to unrestricted funds and £57,518 was attributable to restricted funds.
Page 4
The Hope Programme
Notes to the accounts
for the year ended 31 March 2024
4 Analysis of other costs
| IT services and software Staff training and welfare Stationery and printing Subscriptions Office and general administration Bank charges Supervision |
Unrestricted Funds £ 521 - - 35 23 - - |
Unrestricted Funds £ 521 - - 35 23 - - |
Restricted Funds £ - - - - - - - |
Restricted Funds £ - - - - - - - |
Total 2024 £ 521 - - 35 23 - - |
Total 2023 £ 3,275 765 - 35 10,586 - 3,766 |
|
|---|---|---|---|---|---|---|---|
| 579 | - | 579 | 18,427 |
Expenditure on other costs in 2023 totalled £18,427 of which £5,207 was attributable to unrestricted funds and £13,220 was attributable to restricted funds.
5 Management
| Management fees Management salary |
Unrestricted Funds Restricted Funds Total 2024 Total 2023 £ £ £ £ - - - - 17,593 6,251 23,844 27,420 |
|---|---|
| 17,593 6,251 23,844 27,420 |
Management expenditure in 2023 totalled £27,420 of which £Nil was attributable to unrestricted funds and £27,320 was attributable to restricted funds.
6 Staff costs
No employees received total employee benefits (excluding employer pension costs) of more than £60,000 during the year (2023: same). The average number of staff employed during the year was 1 (2023: 1).
7 Trustees’ and key management personnel remuneration and expenses
The trustees neither received nor waived any remuneration during the year (2023: £nil).
No travel costs (2023: £nil) were reimbursed to any (2023: None) trustees.
No trustee had any personal interest in any contract or transaction entered by the charity during the year (2023: same).
The total amount of employee benefits received by key management personnel is £23,844 (2023: £27,420). The Trust considers its key management personnel compromise the CEO.
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The Hope Programme
Notes to the accounts
for the year ended 31 March 2024
8 Related party transactions
There were no related party transactions during the year (2023: same).
9 Analysis of net assets by fund
Analysis of net assets by fund |
||||||||
|---|---|---|---|---|---|---|---|---|
| Current assets Current liabilities Current assets Current liabilities |
Unrestricted £ 600 (600) - Unrestricted £ 21,492 (2,130) 19,362 |
Designated £ - - - Designated £ - - - |
Restricted £ 49,082 - 49,082 Restricted £ 79,735 - 79,735 |
Total 2024 £ 49,682 (600) |
||||
| 49,082 | ||||||||
| Total 2023 £ 101,227 (2,130) |
||||||||
| 99,097 |
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The Hope Programme
Notes to the accounts
for the year ended 31 March 2024
10 Fund reconciliation
| Unrestricted funds General fund Garfield Weston Foundation Bedfordshire PCC – Talking Therapies Pilot Restricted funds Ministry of Justice - Rape support National Lottery – Reaching communities National Lottery – coaching for growth Bedfordshire Police PCC – Covid 19 grant BLCF – Mark West fund for women Unrestricted funds General fund Restricted funds Ministry of Justice - Rape support |
Unrestricted funds General fund Garfield Weston Foundation Bedfordshire PCC – Talking Therapies Pilot Restricted funds Ministry of Justice - Rape support National Lottery – Reaching communities National Lottery – coaching for growth Bedfordshire Police PCC – Covid 19 grant BLCF – Mark West fund for women Unrestricted funds General fund Restricted funds Ministry of Justice - Rape support |
Opening 2022 Incoming Outgoing Transfers Closing 2023 £ £ £ £ £ 1,483 5,000 (3,482) 16,361 19,362 10,000 - (10,000) - - 7,467 - - (7,467) - |
|---|---|---|
| 18,950 5,000 (13,482) 8,894 19,362 52,434 86,020 (70,738) 12,019 79,735 16,697 - - (16,697) - 687 - - (687) - 1,313 - - (1,313) - 2,216 - - (2,216) - |
||
| 73,347 86,020 (70,738) (8,894) 79,735 |
||
| 92,297 91,020 (84,220) - 99,097 |
||
| Opening 2023 Incoming Outgoing Transfers Closing 2024 £ £ £ £ £ 19,362 - (19,362) - - |
||
| 19,362 - (19,362) - - 79,735 - (30,653) - 49,082 |
||
| 79,735 - (30,653) - 49,082 99,097 - (50,015) - 49,082 |
Page 7
The Hope Programme
Notes to the accounts
for the year ended 31 March 2024
11 Fund reconciliation - continued
Fund descriptions
Restricted funds
Ministry of Justice Rape Support - providing emotional and practical support for victims to help them cope and as far as possible recover from rape and other forms of sexual abuse, whether recent or historical.
12 Going concern and post balance sheet events
On 2nd November 2022 the Trustees and CEO made the difficult decision to close The Hope Programme with effect from 31st March 2023. Therefore, these financial statements have been prepared on a basis other than the going concern basis.
Therefore, with the agreement of the grant funder, sessions were completed for all clients at 31 March 2023, ensuring they had the opportunities to make informed choices for themselves and their families. Once all outstanding expenses and commitments have been settled, all remaining funds will be returned to the Ministry of Justice.
Page 8
The Hope Programme
Accountants Report to the
Trustees of The Hope Programme
We have prepared the financial statements of The Hope Programme for the year ended 31 March 2024 which comprise the Statement of Income, Statement of Financial Position and the related notes from the charity’s accounting records and from information and explanations you have given us.
This report is made solely to the trustees of The Hope Programme. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Hope Programme its trustees for our work or for this report.
It is your duty to ensure that The Hope Programme has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Hope Programme. You consider that The Hope Programme is exempt from statutory audit or independent examination for the period.
We have not been instructed to carry out an audit or a review of the financial statements of The Hope Programme. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Miller & Co Chartered Accountants 5 Imperial Court Laporte Way Luton Bedfordshire LU4 8FE
30 September 2025
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