## **ARK OF HOPE FOUNDATION FOR ALL NATIONS**
## **REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2026**
1
## **ARK OF HOPE FOUNDATION FOR ALL NATIONS REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
|**Contents**|**Page**|
|---|---|
|**Legal and Administrative Information**|**3**|
|**Report of the Trustees**|**4**|
|**Independent Examiners’ Report**|**12**|
|**Statement of Financial Activities**|**13**|
|**Balance Sheet**|**14**|
|**Notes forming part of the financial statements**|**15**|
2
## **ARK OF HOPE FOUNDATION FOR ALL NATIONS REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
## **LEGAL AND ADMINISTRATIVE INFORMATION Officers and Professional advisers**
## **TRUSTEES**
Dr Segun Ayo Fapetu
Edwin Ijaseun
Deborah Adeloa Adesewa Newbould Caroline Adefolahan Hinds
## **REGISTERED OFFICE**
PO BOX 4954
Stoke-on-Trent ST4 9RW
## **BANKERS**
HSBC UK Bank plc 4, Robertson Street Hastings East Sussex TN35 1HW
## **EXAMINER**
AACSL Accountants Limited
1st Floor North
Westgate House Harlow Essex CM20 1YS
## **CHARITY COMMISSION REGISTERED NUMBER**
1161228
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## **ARK OF HOPE FOUNDATION FOR ALL NATIONS REPORT OF THE TRUSTEES’ FOR YEAR ENDED 31 MARCH 2026**
The Trustees present their report and the financial statements of the charity for the year ended 31 March 2026. 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 United Kingdom and Republic of
Ireland (FRS 102) (Second Edition, October 2019), the Financial Reporting Standard applicable in the
United Kingdom and Republic of Ireland (FRS 102), and the Charities Act 2011.
## **Our Aims and Objectives**
## **Purposes and Aims**
The charity's purposes, as set out in the objects contained in its constitution, are to advance, for the public benefit, the development and education of homeless adults in such ways as the Trustees think fit, including:
(a) through the expression of Christian faith and values to relieve the needs of people suffering from addiction;
(b) through the provision of meals for people who are homeless or at risk of homelessness; and
(c) through the provision of advisory services to those involved in prostitution or the sex trade, and to former prisoners.
## **Public Benefit**
During the year the trustees considered the Charity Commission's guidance on public benefit when planning and reviewing the charity's activities. The charity provides people experiencing homelessness across the local community with hot meals much needed by the homeless people. Anyone is allowed to use our services subject to adherence to our policies.
We are pursuing grants to assist with the training of individuals to enable them to find work, which will be open to anyone from the public.
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**ARK OF HOPE FOUNDATION FOR ALL NATIONS REPORT OF THE TRUSTEES’ (Continued) FOR YEAR ENDED 31 MARCH 2026**
## **Structure, Governance and Management**
## **Governing Document**
## **Review of Activities and Future Development**
During the year, Ark of Hope Foundation For All Nations continued to deliver practical, emotional, spiritual and community-based support to women, families and vulnerable individuals experiencing poverty, hardship, isolation, housing insecurity and other forms of disadvantage. The charity strengthened its food support, women’s support, community outreach, pastoral care, signposting and life skills activities, while also developing its organisational capacity and long-term sustainability. A key achievement during the year was the charity’s progress in securing a more stable base for its work through the purchase of a property, which will support future service delivery and reduce reliance on temporary premises.
The charity remains committed to building on the experience gained during the year by improving its systems, strengthening monitoring and reporting, developing its accommodation and community support work, and deepening relationships with funders, partners, volunteers and beneficiaries. The trustees recognise that the charity’s growth brings additional responsibilities and have continued to review the main operational, safeguarding, financial and governance risks facing the organisation. Trustees are recruited on the basis of the skills and experience required by the charity. The trustees are satisfied that appropriate systems, policies and procedures are being developed and strengthened to manage these risks and support the charity’s future development.
## **Charitable activities**
The ‘Ark of Hope Foundation for all nations’ will continue to undertake an outreach programme that connects service users for direct service delivery in the community.
## **Food Bank & Distribution Services**
Our goal is to continue to provide regular, nutritious specific dietary foods for Black, Asian and Minority Ethnic (BAME) communities, with specific dietary needs to alleviate the challenges posed by the prolonged effects of the COVID-19 pandemic and the cost-of-living crisis that follows, with food and energy inflation reaching a 38-year high.
We continue to provide door to door foods distribution, as part of outreach services to BAME in our communities and other underprivileged communities, as a means of alleviating the impact of rising energy and transport costs on our service users.
## **Safe-House, Refuge Services**
A secure haven where women escaping domestic violence can find protection, freedom from harm and secured accommodations. The location is kept confidential and offers essential assistance through a network of services across the UK.
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**ARK OF HOPE FOUNDATION FOR ALL NATIONS REPORT OF THE TRUSTEES’ (Continued) FOR YEAR ENDED 31 MARCH 2026**
## **Achievements and Performance**
The year under review was a significant year of growth, consolidation and long-term development for **Ark of Hope Foundation for All Nations** . The charity continued to deliver practical, emotional, spiritual and community-based support to women, children, families and vulnerable individuals facing poverty, isolation, hardship, housing insecurity and other forms of disadvantage.
During the year, the charity’s work remained focused on meeting immediate needs while also strengthening its long-term capacity to serve the community. This included the continuation of food support, community outreach, women’s support, signposting, pastoral care, life skills support and practical assistance for individuals and families who may otherwise struggle to access culturally appropriate and compassionate help.
A major achievement during the year was the charity’s progress in securing a more permanent base for its activities. The purchase of a property represents a major step forward in strengthening the charity’s long-term sustainability and reducing reliance on insecure or temporary premises. This property will support the charity’s ability to deliver services from a more stable base and to plan future activities with greater confidence. The trustees view this as an important investment in the future of the charity and in the communities it exists to serve.
The charity also continued to operate and develop its community support work, including food bank and essential support provision. This remained a vital part of the charity’s response to the cost-of-living crisis, particularly for women, families, migrants, refugees, asylum seekers and people from minority ethnic communities who may face additional barriers to support. The charity provided food parcels, essential items, signposting and practical assistance to households experiencing financial pressure, food insecurity and social isolation.
During the reporting period, Ark of Hope continued to deliver culturally sensitive food support through its food bank and community outreach arrangements. The charity’s food support work helped prevent food from going to waste while meeting urgent community need. Food redistribution records showed approximately 49,015 kg of food collected and redistributed, equivalent to around 116,704 meals. This work also contributed to estimated environmental savings of approximately 123,376 kg of CO2, while supporting an estimated 4,168 families or household support equivalents through food provision.
The charity’s food support was not only about meeting immediate hunger. Many beneficiaries received food that reflected their cultural needs and family circumstances, helping them feel recognised, respected and included. This was particularly important for women and families from migrant, refugee, asylumseeking and minority ethnic backgrounds, where mainstream food provision may not always reflect dietary, cultural or household needs.
Ark of Hope also continued to provide weekly community meals and social connection through its Stella & Friends community meal provision. This created a welcoming space where individuals can receive nutritious food, build relationships, reduce isolation and access informal support. For many beneficiaries,
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**ARK OF HOPE FOUNDATION FOR ALL NATIONS REPORT OF THE TRUSTEES’ (Continued) FOR YEAR ENDED 31 MARCH 2026**
the community meal setting provided more than food; it offered dignity, friendship, belonging and a route into wider support from the charity.
Throughout the year, Ark of Hope also strengthened its support for women facing hardship, vulnerability or crisis. This included one-to-one support, pastoral care, encouragement, practical guidance, referral support and help to access wider services. The charity’s approach remained holistic, recognising that many beneficiaries may need more than one type of support. For example, a person seeking food support may also need help with housing, welfare, emotional wellbeing, safety, confidence, family issues or access to other community services.
The charity also continued to support women through accommodation and housing-related pathways. During the period, 9 women directly benefited from accommodation support, including women experiencing homelessness, crisis, insecurity or other forms of vulnerability. This support helped women move towards greater safety, stability and independence. The charity’s women-focused approach remained important, particularly where beneficiaries needed support delivered in a culturally sensitive, compassionate and trauma-informed way.
As part of its wider impact monitoring, Ark of Hope invited 250 previous and current service users to take part in a structured survey, with 200 responses received, representing an 80% response rate. The survey helped the charity understand the difference its support was making across food security, emotional wellbeing, social connection, confidence and cultural inclusion.
The survey findings showed strong evidence of positive short-term change. 88% of respondents reported improved food security, helping reduce stress and support healthier family meals. 72% reported improved household budgeting and financial management skills, while 68% reported improved confidence, motivation and personal agency. In addition, 64% said they felt a stronger sense of community and belonging, helping reduce isolation, and 92% described the support received as respectful, culturally sensitive and personally meaningful.
Beneficiary feedback also showed that Ark of Hope’s support had an emotional and relational impact, not only a practical one. Service users described feeling understood, valued, included and encouraged. Some explained that receiving culturally appropriate food made them feel recognised, while others described how community meals, volunteers and one-to-one support helped restore hope, confidence and connection.
The charity’s faith-based and culturally competent approach continued to be one of its key strengths. Ark of Hope provides support in a way that is compassionate, respectful and sensitive to the lived experiences of the people it serves. This is particularly important for women and families who may feel isolated, excluded or misunderstood in mainstream services. The charity continued to provide a safe and welcoming environment where people could receive support without judgement.
During the year, the charity also delivered life skills, empowerment and informal support activities. This included encouragement around budgeting, confidence-building, employment readiness,
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**ARK OF HOPE FOUNDATION FOR ALL NATIONS REPORT OF THE TRUSTEES’ (Continued) FOR YEAR ENDED 31 MARCH 2026**
mentoring, emotional support and signposting to other services. These activities helped beneficiaries begin to rebuild stability, increase confidence and take practical steps towards independence.
The charity also continued to benefit from the contribution of volunteers. During the period, around 15 volunteers were actively engaged in supporting the charity’s work, including food distribution, community outreach, practical support and engagement with beneficiaries. Volunteers also reported increased teamwork, personal fulfilment and a deeper understanding of diverse cultural needs. Their contribution helped extend the charity’s reach and strengthened community cohesion.
Ark of Hope also delivered and participated in community engagement activities during the year, including 5 community engagement events. These activities helped raise awareness of the charity’s services, strengthen relationships with local people and partners, and encourage earlier engagement from individuals and families who may need support.
During the year, Ark of Hope also developed its organisational capacity. This included strengthening systems, improving record keeping, developing policies and procedures, building relationships with funders and partners, and increasing its ability to manage larger grants and projects. The charity also continued to rely on the commitment of volunteers, staff, trustees and supporters who contributed their time, skills and resources to help deliver services.
The charity received support from a range of funders and donors during the year, which enabled it to continue and expand its work. This funding supported core costs, food support, property development, service delivery, staffing, equipment, outreach and community-based activities. The trustees are grateful for the confidence shown by funders, donors, volunteers, partners and the wider community.
The trustees recognise that the growth experienced during the year also brings additional responsibilities. As the charity’s income, activities and assets have increased, the trustees are committed to continuing to strengthen governance, financial management, safeguarding, monitoring and reporting. This will help ensure that the charity remains accountable, sustainable and able to deliver high-quality support to beneficiaries.
Overall, the year represented an important period of transition for Ark of Hope Foundation For All Nations. The charity not only continued to respond to urgent community needs, but also made long-term progress by investing in property, strengthening its infrastructure and building a stronger foundation for future service delivery. The trustees believe that these achievements place the charity in a stronger position to continue serving women, families and vulnerable communities in Stoke-on-Trent and surrounding areas in the years ahead.
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**ARK OF HOPE FOUNDATION FOR ALL NATIONS REPORT OF THE TRUSTEES’ (Continued) FOR YEAR ENDED 31 MARCH 2026**
## **FINANCIAL REVIEW**
During the year ended 31 March 2026, the charity received income of £206,127 (2025: £54,580), comprising grants, donations, crowdfunding income and other charitable income. Total expenditure amounted to £109,719 (2025: £44,070), resulting in a net surplus of £96,408 (2025: £10,510).
At 31 March 2026, the charity had total funds of £121,643 (2025: £25,235), comprising unrestricted funds of £103,143 and restricted funds of £18,500. These funds are represented by the charity's net assets, including its freehold property, stock and cash balances, less outstanding liabilities.
## **Reserves Policy**
The trustees recognise the importance of maintaining an appropriate level of reserves to ensure the financial stability and sustainability of the charity. The trustees' policy is to maintain sufficient unrestricted reserves to enable the charity to continue its charitable activities and meet its ongoing financial commitments in the event of unforeseen circumstances.
At 31 March 2026, the charity's total unrestricted funds amounted to £103,143. These funds include fixed assets and other non-liquid assets and therefore do not represent funds that are immediately available for expenditure. The charity's unrestricted cash balance at the year end amounted to £43,906. The trustees consider this level of liquid reserves to be sufficient to meet approximately three months of the charity's core operating expenditure and are satisfied that the charity's reserves remain in line with the reserves policy.
## **Structure, Governance and Management**
ARK OF HOPE FOUNDATION FOR ALL NATIONS is a registered charity in England and Wales which was established in April 2015 and is governed by its adopted Constitution. The overall management and control of the charity is the responsibility of the Board of Trustees. The trustees are responsible for setting the strategic direction of the charity, overseeing its activities, and ensuring that it operates in accordance with its charitable objectives and legal obligations.
Trustees are appointed in accordance with the provisions set out in the charity’s governing document. The board seeks to ensure an appropriate mix of skills, experience and knowledge to effectively support the charity’s work. Trustees serve on a voluntary basis and receive no remuneration, although reasonable expenses may be reimbursed where applicable.
The trustees meet regularly throughout the year to review performance, monitor financial position, and make key strategic decisions. Day-to-day activities are supported by a small team of staff and volunteers, who are responsible for delivering the charity’s services and programmes.
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## **ARK OF HOPE FOUNDATION FOR ALL NATIONS REPORT OF THE TRUSTEES’ (Continued) FOR YEAR ENDED 31 MARCH 2026**
New trustees receive induction support to familiarise themselves with the charity’s work, governance structure and responsibilities. Ongoing training and guidance are provided where necessary to ensure trustees are able to fulfil their duties effectively.
The charity operates with a focus on strong governance and accountability. Appropriate policies and procedures are in place to support financial management, safeguarding, and operational delivery. The trustees continue to review these systems to ensure they remain effective and proportionate to the size and nature of the charity.
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## **ARK OF HOPE FOUNDATION FOR ALL NATIONS REPORT OF THE TRUSTEES’ (Continued) FOR YEAR ENDED 31 MARCH 2026**
## **STATEMENT OF TRUSTEES’ 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). The financial statements have been prepared in accordance with the Charities Act 2011 and the Charities SORP (FRS 102).
The financial statements are required to give a true and fair view of the charity's financial position and of its incoming resources and application of resources for the year.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently.
- make judgements and estimates that are reasonable and prudent.
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in its activities.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that its financial statements comply with the Charities Act 2011. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities
## **Independent Examiner**
The Trustees have appointed AACSL Accountants Limited as the Independent Examiner of the charity for the year ended 31 March 2026 in accordance with the provisions of the Charities Act 2011.
The Trustees have determined that the charity is eligible for an independent examination of its financial statements in accordance with the Charities Act 2011 and consider that an independent examination is appropriate having regard to the charity's size and level of income.
## **Approval of the Trustees' Report**
Approved by the Board of Trustees on 18 June 2026 and signed on its behalf by:
Deborah Newbould
Deborah Newbould **Trustee/Chair**
11
## **Independent Examiner’s Report to the Trustees of ARK OF HOPE FOUNDATION FOR ALL NATIONS**
I report to the trustees on my examination of the financial statements of the charity for the year ended 31 March 2026.
## **Respective responsibilities of trustees and examiner**
The Charity's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year and that an independent examination is required.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the 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 you as 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 statements below.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011; or
- the financial statements do not accord with those accounting records.
I have no concerns and 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 financial statements to be reached.
Rasheed Saliu (FCCA, FFTA, FFA, FCA, PHD) AACSL Accountants Limited 1st Floor North Westgate House Harlow Essex CM20 1YS
## **18 June 2026**
12
## **ARK OF HOPE FOUNDATION FOR ALL NATIONS STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account) YEAR ENDED 31 MARCH 2026**
|Notes
**INCOMING RESOURCES FROM CHARITABLE ACTIVITIES**
Grants Received
2
Crowdfunder Donations
2
Cash Donations
2
Individual Donations
2
Other Income
2b
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
Cost of Generating Funds
3a
Charitable activities/Event
3b
Support costs
3c
Governance
3d
**TOTAL RESOURCES EXPENDED**
Net income/(outgoing) resources
Total funds brought forward
**Total funds carried forward**|Unrestricted
funds
2026
£
39,000
35,810
856
1,417
2,860|Restricted
Funds
2026
£
126,185
-
-
-
-|Total Funds
2026
£
165,185
35,810
856
1,417
2,860
**206,127**
6,135
100,356
2,727
500
**109,719**
96,408
25,235
**121,643**|Total Funds
2025
£
52,000
-
2,580
-
-|
|---|---|---|---|---|
||**79,942**|**126,185**||**54,580**|
||-
1,421
114
500|6,135
98,936
2,614
-||3,849
39,820
-
400|
||**2,034**|**107,684**||**44,070**|
||77,908
25,235|18,500
-||10,510
14,725|
||**103,143**|**18,500**||**25,235**|
All incoming resources are derived from continuing operations. The charity has no other gains or losses other than those recognised in the Statement of Financial Activities.
13
## **ARK OF HOPE FOUNDATION FOR ALL NATIONS BALANCE SHEET AS AT 31 MARCH 2026**
|Notes
**FIXED ASSETS**
Tangible Assets
4
**CURRENT ASSETS**
Stocks
5
Cash at bank and in hand
6
**Current Liabilities**
Creditors: amounts falling due within one year
7
Total Asset Less Current Liabilities
**Non-Current Liabilities**
Creditors: amounts falling due more than one year
7b
**NET ASSETS**
FINANCED BY:
Unrestricted funds
Restricted Funds
**TOTAL FUNDS**|**2026**
Total
£
137,655
3,851
43,906|**2025**
Total
£
10,094
3,851
16,774|
|---|---|---|
||**47,757**
(6,663)
**178,750**|**20,625**
(5,484)|
|||**25,235**|
||**(57,107)**|**0**|
||||
||**121,643**|**25,235**|
||103,143
18,500
**121,643**|25,235
-|
|||**25,235**|
These financial statements were approved by the Board of Trustees and signed on its behalf by:
Deborah Newbould
Deborah Newbould
**Trustee/Chair** 18 June 2026
14
## **ARK OF HOPE FOUNDATION FOR ALL NATIONS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2026**
## **1. ACCOUNTING POLICIES**
## **Basis of preparation**
The financial statements have been prepared under the historical cost convention.
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP FRS 102) (Second Edition, October 2019), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
## **Fund accounting**
General funds are unrestricted funds available for use at the discretion of the Trustees in furtherance of the Charity's objects and have not been designated for any specific purpose.
Restricted funds are funds subject to specific conditions imposed by donors or awarded for particular purposes. Expenditure is charged to the relevant restricted fund in accordance with the purpose for which the funding was received. During the year, restricted funds were used to support specific charitable activities, including fundraising activities, the purchase of equipment for the food programme, volunteer outreach initiatives, and part funding of the freehold property.
Other income comprises rental income received from the hire of the Charity's hall to external parties.
## **Incoming resources**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount can be measured reliably.
Income is classified as restricted or unrestricted according to the conditions attached by the donor or funder in furtherance of the charity’s objectives.
## **Resources expended**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to each category of expenditure. Where costs cannot be directly attributed to a particular activity, they are allocated on a basis consistent with the use of resources.
Costs of charitable activities comprise expenditure incurred directly in furtherance of the charity's charitable purposes together with an allocation of support costs. Support costs comprise costs incurred in supporting the charitable activities of the charity, including administration and other indirect costs. Governance costs comprise expenditure incurred in connection with the governance of the charity, including the costs of constitutional and statutory compliance, trustee meetings and the independent examination of the financial statements.
The basis of allocation of support and governance costs is explained in Note 3.
## **Taxation**
The charity is exempt from taxation on its charitable activities.
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## **ARK OF HOPE FOUNDATION FOR ALL NATIONS NOTES TO THE ACCOUNTS (Contd) FOR THE YEAR ENDED 31 MARCH 2026**
## **Note 2. Incoming Resources - General Donations**
|Grants Received
Crowdfunder Donations
Cash Donations
Individual Donations
**Note 2b. Incoming Resources - Other Income**
Venue Hire Income
**Note 3.**
**Resources Expended - Activities**
**Cost of Generating Funds**
Fundraising and bid-writing costs
Fundraising platform fees
Fundraising publicity and marketing|**2026**
**2025**
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
39,000
126,185
165,185
52,000
35,810
-
35,810
-
856
-
856
2,580
1,417
-
1,417
-|
|---|---|
||77,082
126,185
203,267
54,580|
||2026
2025
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
2,860
-
2,860
-
-
-
-
-
-
-
-
-|
||2,860
-
2,860
-|
||**2026**
**2025**
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
-
4,300
4,300
-
-
60
60
-
-
1,775
1,775
3,849|
||-
6,135
6,135
3,849|
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## **ARK OF HOPE FOUNDATION FOR ALL NATIONS NOTES TO THE ACCOUNTS (Contd) FOR THE YEAR ENDED 31 MARCH 2026**
|**Note 3b.**
**Charitable Activities**
Postage & Stationery
Rent and Rates
Water
Light & Heat
Equipment expensed
Equipment, Van & Hall Hire
Mobile & Internet
Repair & Maintenance, Amortisation
Insurance
Support worker costs
Training & Safeguarding cost
Website development & maintenance fee
Waste & Cleaning
Charity donations
General expenses
Food and essential support
Volunteer and outreach costs
Project delivery contractor costs
**Note 3c.**
**Support Costs**
Memberships and subscriptions
Bank charges and finance costs
**Note 3d.**
**Resources Expended – Governance**
Accountancy
Other Legal and Professional fees|**2026**
**2025**
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
452
204
656
594
-
13,000
13,000
7,642
-
-
-
600
-
1,175
1,175
6,650
-
1,694
1,694
-
-
963
963
-
101
-
101
-
-
2,338
2,338
2,283
-
1,490
1,490
950
-
19,293
19,293
-
-
394
394
-
-
327
327
495
684
-
684
600
184
-
184
-
-
-
-
750
-
27,877
27,877
12,867
-
8,639
8,639
6,389
-
21,541
21,541
-|
|---|---|
||1,421
98,936
100,356
39,820|
||**2026**
**2025**
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
-
-
-
-
114
2,614
2,727
-|
||114
2,614
2,727
-|
||**2026**
**2025**
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
500
-
500
400
-
-
-
-|
||500
-
500
400|
17
## **ARK OF HOPE FOUNDATION FOR ALL NATIONS NOTES TO THE ACCOUNTS (Contd) FOR THE YEAR ENDED 31 MARCH 2026**
|**Note 4.**|**FIXED ASSETS**
Cost
Additions
Transfer from leasehold asset
Revaluation
Accum depreciation/amortisation
Charge for the year
Disposal/Transfer
Balance carried forward
Net book value
**At 31 March 2026**
**At 31 March 2025**|Freehold
Property
Leasehold
Property
Total
Total
£
£
£
£
-
11,600
11,600
11,600
127,819
-
127,819
-
9,836
-
9,836
-
-
-
-
-
-
(1,506)
(1,506)
(773)
-
(258)
(258)
(733)
-
(9,836)
(9,836)
-
137,655
-
137,655
10,094
-
-
-
**-**
**137,655**
**-**
**137,655**
**10,094**
**-**
**10,094**
**10,094**
**10,094**|
|---|---|---|
During the year, the charity acquired the freehold interest in the property. The carrying amount of the previous leasehold interest was transferred to the cost of the freehold property. Hence, the leasehold asset was derecognised, and the freehold property is recognised at its total cost, including directly attributable acquisition and renovation costs.
## **Note 5. Debtors**
|This is made up as follows:
Member Loans
The charity had no debtors at the year end.
**Note 5b.**
**Stock**
Stocks
**Note 6.**
**Cash at bank and in hand**
Cash at bank
**Note 7.**
**Creditors: amounts falling due within on**
Accruals and other creditors|2026
2025
£
£
-
-|
|---|---|
||**-**
**-**|
||2026
2025
£
£
3,851
3,851|
||**3,851**
**3,851**|
||2026
2025
£
£
43,906
16,774|
||**43,906**
**16,774**|
||**e year**
2026
2025
£
£
6,663
5,484|
||**6,663**
**5,484**|
Short-term creditors comprise accrued expenses, including accountancy fees and salaries payable.
## **Note 7b. Creditors: amounts falling due more than one year**
|This is made up as follows:
Long-term Loan (Key Fund Investments)|2026
2025
£
£
57,107
-|
|---|---|
||**57,107**
**-**|
The charity entered into a funding agreement with Key Fund Investments during the year. The funding comprised a repayable loan of £61,500, repayable over seven years. At 31 March 2026, the outstanding loan balance amounted to £57,107.
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## **ARK OF HOPE FOUNDATION FOR ALL NATIONS NOTES TO THE ACCOUNTS (Contd) FOR THE YEAR ENDED 31 MARCH 2026**
## **Note 8. Movement in funds**
|Charity's fund
Restricted funds
Grants/Gift Aid||Opening
Incoming
Resources
balance
resources
expended
£
£
£
25,235
79,942
(2,034)
25,235
79,942
(2,034)
-
126,185
(107,684)
**25,235**
**206,127**
**(109,719)**|
|---|---|---|
|**Note 8b**
**Analysis of net assets by fund**
Tangible asset
Stock
Cash at bank and in hand
Other net assets (liabilities)|2026
2025
Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
£
£
£
£
119,155
18,500
137,655
10,094
3,851
-
3,851
3,851
43,906
-
43,906
16,774
(63,770)
-
(63,770)
(5,484)
103,143
18,500
**121,643**
**25,235**||
During the year, the charity received funding from Key Fund Investments comprising a repayable loan of £61,500 and a restricted capital grant of £18,500. The restricted grant was applied towards the acquisition of the charity's freehold property and is therefore reflected within the restricted fund in the analysis of net assets by fund.
## **Note 9. TRUSTEES REMUNERATION**
The Trustees did not receive any emoluments and no out of pocket expenses were paid during the year (2025: £nil)
**Note 10.** ARK OF HOPE FOUNDATION FOR ALL NATIONS is recognised by HM Revenue & Customs as a charity for tax purposes. It is exempt from corporation tax on income applied for its charitable purposes under the Corporation Tax Act 2010 and from tax on chargeable gains under section 256 of the Taxation of Chargeable Gains Act 1992. No tax charges have arisen during the year.
- **Note 11.** Control
The charity is controlled by its Board of Trustees acting collectively in accordance with the governing document.
19