**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**| 2025. ## **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. Page 3 ## **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. Page 5 **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|| Page 6 **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 Page 9