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2021-03-31-accounts

Charity number: 1161235

Hope Trust Cardiff (A Charitable Incorporated Organisation)

Trustees’ report and financial statements

for the year ended 31 March 2021

Contents
Charity Information 2
Report of the Trustees 3 - 8
Report of the Independent Examiner 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Accounts 12 - 19

1

Hope Trust Cardiff (A Charitable Incorporated Organisation)

Legal and administrative information

Charity number 1161235
Registered office Glenwood Church
Circle Way West
Llanedeyrn
Cardiff
CF23 6UW
Trustees Paul Francis (Chair)
Rachel Treseder
Barry McKeever – resigned 22/2/20
Jillian Jamieson
Nkini Pulei – resigned 15/3/21
Bankers Co-operative Bank
Independent Examiner Steve Ellum
Steve Ellum & Associates
Chartered Accountants
Adulam House
Glan Yr Afon
Llanelli
SA15 3QB

Hope Trust Cardiff (A Charitable Incorporated Organisation)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31[st] March 2021

The Trustees have pleasure in submitting the Report and Accounts for the year to 31[st ] March 2021

Structure, Governance and Management Nature of organization

HOPE Trust Cardiff Charitable Incorporated Organisation is a registered with the Charity Commissions of England and Wales (Registration Number 1161235) in April 2015.

HOPE Trust Cardiff CIO is the social action charity for Glenwood Church Faith Community. Our aim is to promote social inclusion in Cardiff for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are, and assisting them to integrate back into society.

Currently HOPE Trust Cardiff CIO is the umbrella organisation for three projects. Hope St Mellons joined HOPE Trust in June 2019.

Grow opportunities for occupation and social enterprise.

Current projects include: The Step Out Fund Scholarship Programme, Forest School, Emotional Literacy Support, and Parent Support Groups.

The team is led by local staff and volunteers and we are passionate about serving St Mellons.

Appointment of Trustees

Initial Trustees we appointed in agreement with the leadership team of Glenwood Church at the time, which is lead by Paul Francis. Those Trustees were Paul Francis (chair), Jill Jamieson, Barry Mckeever, Nkini Pulei and Rachel Treseder appointed in July 2014 and there have been two changes to this. The procedure for appointment of trustees in the future is by majority vote from the current trustees.

Income

All Trustees (except for Nkini Pulei) give their time voluntarily and receive no benefits from the charity. Nkini Pulei is paid one day a week for her role with HOPE and the TAVS Centre, she receives a salary set in the yearly budget agreed between the trustees of the charity.

HOPE Trust Cardiff CIO relies on support from Glenwood Church, voluntary contributions and funding applications.

3

Hope Trust Cardiff (A Charitable Incorporated Organisation)

Risk Management

The Trustees have reviewed the risks to which a small charity operating with few employees is exposed. Appropriate procedures are in place to identify, monitor and review these risks on a regular basis.

Organisational Structure

The Trustees are legally responsible for the CIO. The Trustees meet at least three times annually. They are also responsible to the Glenwood Church leaders. A few from Glenwood Church leadership team are trustees which allows for good cross working between Glenwood Church and HOPE Trust Cardiff CIO.

Responsibilities of the Trustees

Charity law requires the Trustees to prepare financial statements for each accounting year which give a true and fair view of the state of the charity and of its income and expenditure for the year.

We are required to:

We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011. We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.

Our Aims and Objectives

To promote social inclusion in Cardiff for the public benefit by preventing people from becoming socially excluded, relieving the needs of those people who are socially excluded and assisting them to integrate into society.

For the public benefit, to promote the mental health and well-being of persons resident in South Wales suffering from depression, bereavement, loss or pregnancy-related crises, by the provision of voluntary counselling, education and support for such persons.

4

Hope through connection, collaboration, creativity & care

Hope Trustee: Tavs annual report Year ending March 2021

Tavs Refurbishment

We have been able to refurbish the downstairs of the Tavs Centre. In June 2020 we had volunteers help with the painting of the downstairs. A number of the Tavs community regulars were able to help with the painting work. This was a great way of including them in the refurbishment. The fundraiser bike ride we did in September 2019 the money raised was to go towards a new downstairs toilet and shower room. Through the refurbishment we gained new storage, and new flooring in our dining area. With funding from The Mosawi Foundation we were also able to have a completely new kitchen all at the same time. Having the building closed due to Covid-19 really did allow us to carry on with the refurbishment.

An architect who volunteers for Tavs came up with an idea to redesign the front of Tavs and with the use of large bi-fold windows create a hatch as a COVID-19 measure to safely hand out food from the building. With the pandemic and the building being closed we had to serve food on tables outside. Money was raised for this through a local giving for the new. The new design of the window allows more light into the centre and has finished the downstairs refurbishment off perfectly. Having the new bi-fold windows has made all the difference as we have continued to serve meals to those that need it. We were also able to think about starting the Tavs Food Co-op.

COVID – 19 Response

Over recent months due to COVID-19 Tavs has had to significantly change the way we operate in order to continue to support our community. It has been a challenge to support our community when face to face provision has had to be stopped or greatly reduced. Therefore we adapted some provision, introduced new provision and continually looked for creative ways to connect and prepare for 2021. During lockdown our regulars struggled with food provision, mental health and wellbeing support and so we targeted these areas in our COVID provision.

5

had 15 participants attend the 6 week workshops and this proved to be a very welcome activity both for the residents and the Council staff supporting the residents.

Tavs Food Co-Op

In January 2020 we recognised that the need for affordable good heathy food was only growing. We felt that the Tavs center is in a great position to be able to help facilitate a food cooperative.

A Food cooperative is a member led initiative where members work together to find a more sustainable solution to their financial struggles to keep themselves fed by purchasing food and other items at a reduced price. Members decide together what to buy, how to run the coop and all contribute a fee to the purchase of the items.

We felt this was a sustainable model in which the Tavs centre can help tackle food poverty with dignity alongside reducing surplus food waste. Not all users may want to be involved or be in a position to cook their own food. The scheme has been entirely optional and in addition to the free food we provide during the week. Users pay £2 and receive approximately £15 of food (ranging from fresh fruit and veg, dairy products & meats).

We had 20 of our Tavs regulars complete a short survey to find out their food preferences. It is mostly fresh meat, veg and fruit which is often unaffordable. In the survey we also asked about their access to a kitchen/cooking facilities. Most said they have access to a kitchen – but it varied very much what they had in the kitchen. The plan has been for the Tavs coop to also support those who need more suitable kitchen equipment. It was clear from the survey most have limited basic kitchen utensils, pots & pans.

We started running the Tavs co-op once a week but due to demand decided to run twice a week on a Tuesday and Thursday.

– The Junction Annual Report 2020/21

The Junction continues to offer two main services to clients:

Baby Loss Supp

Clients are taken through a programme called 'The Journey' with the support of a trained advisor. Clients are seen on a one-to-one basis or as a couple, for usually up to about 10 sessions in order to support them in processing the emotional impact of losing a baby. This includes those that have experienced miscarriage, stillbirth, neonatal loss or abortion. We also support clients in other traumatic circumstances linked to pregnancy such as traumatic birth experiences. Referrals are made by community and hospital midwives, GPs, perinatal mental health teams or individuals themselves. Due to increasing numbers of referrals, there is a waiting list for this service, but we aim to see clients within 4 months of them first making contact with us. We also provide support for those who are pregnant after a loss, supporting them during the pregnancy with managing anxiety in relation to their previous loss.

Crisis Pregnancy

This support is for anyone that is experiencing an unintended pregnancy, who would like some support to explore their options. Clients are seen by a trained advisor, who support the client in processing their feelings and circumstances in a non-judgmental and non-directive way. Clients are offered appointments as quickly as possible, usually within a week, due to the urgent nature of these issues. Clients are able to explore their options with an advisor over a couple of sessions, and can come back for longer support if necessary.

The Team

6

During the year April 2020 to March 2021 the team consisted of a project manager, a paid role of 7.5 hours per week. There was also a small team of volunteers who are trained to offer bereavement support. From March 2020 when lockdown prevented face to face work with clients, as a result a number of volunteers felt unable to continue supporting clients in the move to online work, and therefore there was a need to develop a strategy to increase our support provision. Our project manager, a trainee counselling psychologist at the time, developed a relationship with the University of South Wales in order to become approved as a placement provider for trainee counsellors and trainee counselling psychologists. We were able to provide placements for 4 students starting in Jan 2021, which allowed us to increase our service provision. The project manager managed both the administrative side of the project, as well as carrying out client work and managing the waiting list. The extended team saw clients on a one-to-one basis via zoom as well as engaging in other activities such as fundraising. Monthly supervision was provided for the team, with those completing placement hours receiving external supervision to meet their training requirements, in order to monitor and support with client work, and source or provide training as necessary.

Covid Response

During the pandemic clients were offered appointments online via Zoom or by telephone. There was a significant uptake on this with only a small percentage choosing to wait until they could be seen face to face. The impact of the pandemic was evident through client stories and also contributed to an increase in referrals. We also saw an increase in referrals of those who were pregnant and anxious after a loss, particularly with the changes to antenatal provision which meant that partners could not accompany them to appointments and scans.

Clients

We have seen an increase in client numbers over the last year, with the number of referral agencies increasing. There was a total of 85 referral across the year. We see referrals from midwives, GPs, other charities and self referrals from those that find us online or through the recommendation of family or friends. We also get regular referrals from mental health teams, who often refer more complex clients. Clients are placed on a waiting list at first contact and then contacted when appointments become available. The majority of the work is baby loss based, with around 2% of clients seeking crisis pregnancy support. We provided a total of 259 one-to-once client appointments across the year.

Plans for the future

The Junction seeks to continue with the work of seeing clients on a one-to-one basis, and gradually transition back to seeing clients face to face. We aim to have more student placements and volunteers trained in order to be able to increase the number of clients we are able to see, and to reduce waiting times. We are also seeking opportunities to raise awareness and financial support for our work through grant applications and fundraising events throughout the year. We also hope to move premises to be located at the wellbeing space at Glenwood church centre in order to provide a more accessible and Covid safe space.

Hope St Mellons: March 2019 – 2020

Step Out Scholarship Programme

We continued support for our five scholarships students. Four of our students are studying at undergraduate and postgraduate level: Acting (MA), English Language (BA), Law (LLB and LPC), Mental Health Nursing (BSc). The fifth is training to become a Level 2 Teaching Assistant. Along with the financial support (increased this year to £25/week), the team have offered consistent pastoral support through termly meetings. The team have also worked to connect the students with professional and occupational opportunities for work experience and/or further training.

7

Schools and Families Work

The Schools and Families Worker (1 day/week) has continued to develop our working relationship with Meadowlane Primary School. This year they were asked to offer Emotional Literacy Support to selected groups utilising the arts, nature, and physical activity. The ‘Girls Strong’ group has been well received and the group have worked together to design activities that support physical fitness and emotional wellness, and focus on body positivity and engaging with nature. The Schools and Families Worker also led a small team of volunteers to deliver a nature-based storytelling project which engaged the entire Infant School and their families. This was deigned to encourage emotional literacy and empathy.

The Schools and Families Worker is collaborating with Going Public, a local art-based charity specialising in PSE, to design a 6 month pilot for Primary Schools called The Hive Project. The Hive Project will offer a combination of Forest School, live theatre and wellbeing sessions with particular emphasis on equipping children to look after their mental health and celebrating the power of community. The Hive Project will support three local adults to train as Forest School assistants. The project will build on our Forest School provision over the past two years, and will offer wider participation, more integrated and creative wellbeing interventions, and new opportunities for local volunteers. The team are working on fundraising with the view to deliver the pilot at Meadowlane School in January 2021.

Kids Club

We have engaged a team of five experienced volunteers to begin a Kids Club at the Beacon Centre, St Mellons. The club will be free entry and will offer a safe and inclusive space for children (school years 4 – 6). There will be simple craft activities, games and access to the Beacon Centre youth lounge facilities: pool table, table tennis, games consoles and PC suite. We have been awarded £2000 from Together Trust, our local Invest Local group, to help with set-up costs. The Kids Club will start after Easter and will run on Mondays from 6 – 7.15pm during term-time. The club will also open up opportunities for volunteering and training for local adults.

Hope St Mellons Coordinator

Since February we have had a dedicated Hope St Mellons Coordinator, giving three days a week to the development of our projects and to supporting volunteer recruitment and training. This is a six month voluntary position. Following review of this post we will look to formalise and fundraise for this position.

Results

Net income for the charity as a whole for the year amounted to £46,269 (2020: £9,881). Unrestricted funds carried forward at the year end were £61,324 (2020: £24,458). Restricted funds carried forward at the year end were £23,967 (2020: £14,564).

Signed on behalf of the Trustees:

………………………………………………………. Paul Francis Chair of Trustees

Date: 21 January 2022

8

Hope Trust Cardiff (A Charitable Incorporated Organisation)

Independent Examiner’s report to the trustees of Hope Trust Cardiff for the year ended 31 March 2021

I report on the accounts of the charity for the year ended 31 March 2021 which are set out on pages 3 to 20.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. the accounting records were not kept in accordance with section 130 of the Charities Act; or

  2. the accounts do not accord with the accounting records;

  3. the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

I have 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 accounts to be reached.

Steve Ellum & Associates Chartered Accountants Adulam House Glan Yr Afon, Llanelli SA15 3QB

Date: 21 January 2022

9

Hope Trust Cardiff (A Charitable Incorporated Organisation)

Statement of financial activities For the year ending 31 March 2021

Note Unrestricted Restricted Year ended Year ended
funds £ funds £ 31/03/21 £ 31/03/20 £
Income
Income from generating funds:
Voluntary income 3 33,968 99,231 133,199 41,958
Total income 33,968 99,231 133,199 41,958
Expenditure
Charitable activities 4 34,459 52,471 86,930 32,077
Total expenditure 34,459 52,471 86,930 32,077
Net movement in funds for the year (491) 46,760 46,269 9,881
Total funds brought forward 24,458 14,564 39,022 29,141
Total funds carried forward 23,967 61,324 85,291 39,022

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 13 to 20 form part of these financial statements.

10

Hope Trust Cardiff (A Charitable Incorporated Organisation)

Balance sheet as at 31 March 2021

Note
Current assets
Cash at bank and in hand
Creditors: amounts falling due
within one year
7
Net current assets
Creditors: amounts falling due
within one year
Net Assets
Funds
Restricted funds
Unrestricted funds
9
8
Total funds		 31st March 2021
£
£
85,491

85,491

200

85,291
-
85,291
61,324
23,967
85,291		 31st March 2020
£
£
39,184
39,184
162
39,022
-
39,022
24,458
14,564
39,022		 31st March 2020
£
£
39,184
39,184
162
39,022
-
39,022
24,458
14,564
39,022		 31st March 2020
£
£
39,184
39,184
162
39,022
-
39,022
24,458
14,564
39,022
39,022
24,458
14,564
39,022

The financial statements were approved by the trustees and signed on their behalf by:

Paul Francis Chair of Trustees

Date: 21 January 2022

11

Hope Trust Cardiff (A Charitable Incorporated Organisation)

Notes to financial statements for the year ending 31 March 2021

1 Charity status

Hope Trust Cardiff is a charitable incorporated organisation registered in England and Wales, number 1161235. The registered office is Glenwood Church, Circle Way West, Llanedeyrn, Cardiff CF23 6UW.

Each of the trustees is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation.

2 Accounting policies

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 (FRS102) in October 2019, the Charities Act 2011 and the UK Generally Accepted Accounting Practice.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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 (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Basis of preparation

Hope Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Exemption from preparing a cash flow statement

The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’ meetings and reimbursed expenses.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity. Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

12

Hope Trust Cardiff (A Charitable Incorporated Organisation)

Notes to financial statements for the year ending 31 March 2021

3 Voluntary Income
Tavs
Gift Aid donations
Other donations
Tax recovered
Hire income
Grant Income
Junction
Gift Aid donations
Other donations
Tax recovered
Grant income
St Mellons – Step Out
Gift Aid donations
Other donations
Tax recovered
St Mellons – Families Worker
Gift Aid donations
Other donations
Tax recovered
Grant income
St Mellons – General & Other
Gift Aid donations
Other donations
Tax recovered
Grant income
Shared Income
Gift Aid donations
Other donations
Tax recovered
Total		 Unrestricted
Funds
£
Restricted
Funds
£
Total
2021
£
Total
2020
£
808
-
808
764
11,930
-
11,930
10,540
306
360
-
-
-
49,920
306
360
49,920
-
7,400
13,404
49,920
63,324
18,704
896
-
896
1,026
3,394
-
3,394
4,500
470
-
-
11,856
470
11,856
-
8,856
4,760
11,856
16,616
14,382
4,002
-
4,002
3,130
660
-
660
660
1,717
-
1,717
-
6,379
-
6,379
3,790
390
-
390
360
5,729
-
5,729
3,217
173
-
-
6,505
173
6,505
-
6,292
6,505
12,797
3,577
-
4,375
4,375
-
2,350
1,676
4,026
322
-
1,019
23,880
1,019
23,880
-
2,350
30,950
33,300
322
50
-
50
-
720
-
720
1,183
13
-
13
-
783
-
783
1,183
33,968
99,231
133,199
25,702

13

Hope Trust Cardiff

(A Charitable Incorporated Organisation)

Notes to financial statements

for the year ending 31 March 2021

4 Charitable activities
a. Direct Charitable Costs
Tavs
Salaries
Homeless & Night Shelter
Fridays
Bakery
Tuesdays
Covid 19 Support
Co-op
Junction
Salaries & Training
Total
St Mellons – Step Out
Intern Support & Emergency Fund
St Mellons – Families Worker
Salaries
General expenses
Anchor Foundation grant – part for GP
b. Support and Administration
Tavs
Equipment & Repairs
Administration and general expenses
Insurance
Junction
Rent
Insurance
Administration and general expenses
St Mellons – Families Worker
Insurance
Administration and general expenses
St Mellons – General & Other
Salaries
Administration and general expenses
Mutual Aid Fund grants		 Unrestricted
Funds
£
Restricted
Funds
£
Total
2021
£
Total
2020
£
3,043
4,561
7,604
7,564
825
-
-
-
825
-
2,144
619
-
-
-
158
355
545
-
-
5,000
537
355
5,545
537
4,768
10,098
14,866
10,485
1,408
4,921
6,329
5,463
1,408
4,921
6,329
5,463
8,358
-
8,358
6,283
8,358
-
8,358
6,283
4,167
1,269
-
375
1,800
4,167
1,644
1,800
3,916
5,436
2,175
7,611
3,916
10,740
27,400
38,140
-
1,943
-
1,943
1,686
-
-
-
207
12,683
27,400
40,083
1,893
-
-
197
2,160
-
1,104
2,160
-
1,301
2,160
207
285
197
3,264
3,461
2,652
-
-
207
-
-
221
-
-
428
-
618
618
79
-
250
3,745
329
3,745
17
79
4,613
4,692
17

14

Hope Trust Cardiff (A Charitable Incorporated Organisation)

Notes to financial statements for the year ending 31 March 2021

Shared Expenses
Shared general expenses
Total		 1,530
-
1,530
940
1,530
-
1,530
940
34,459
52,471
86,930
32,077

5 Trustees’ remuneration and expenses

During the year Nkini Pulei, who resigned as a Trustee on 15[th] March 2021 was employed by the organisation to oversee the work of Tavs and received a salary of £7,382 (2020: £7,344). Jillian Jamieson is the director of a company that undertook payroll work for the charity during the year for which fees of £351 (2020: £331) were paid. These payments were not related to their roles as trustees and were at a favourable market rate.

As allowed by the Charity Trust Deed, two trustees (2020: two) were reimbursed expenses of £118 (2020: £732).

6 Employees

Employment costs
Wages & salaries
Social security & Pension costs		 Year ending
31/3/21
£
Year ending
31/3/20
£
18,197
16,451
520
494
18,717
16,945

No employee received emoluments of more than £60,000 during the year.

The charity is managed on a day to day basis by the trustees who are unpaid and therefore the total employment benefits, including employer pension contributions, of the key management personnel of the charity were £nil (2019: £nil).

Number of employees

The average monthly number of employees during the period, calculated on the basis of full time equivalents were as follows:

equivalents were as follows:
Year ending Year ending
31/3/21 31/3/20
Charity staff 0.7 0.7

15

Hope Trust Cardiff (A Charitable Incorporated Organisation)

Notes to financial statements for the year ending 31 March 2021

7 Creditors: Amounts falling due within one year

Trade creditors
Taxes and social security		 Year ending
31/3/21
£
Year ending
31/3/20
£
60
110
140
52
200
162

8 Unrestricted Funds

General fund
Total		 Balance at
1 April 2020
£
24,458
Incoming
Resources
£
33,968
Resources
expended
£
34,459
Balance at
31 March
2021
£
23,967
24,458
33,968
34,459
23,967

16

Hope Trust Cardiff (A Charitable Incorporated Organisation)

Notes to financial statements

for the year ending 31 March 2021

9 Restricted Funds

01/04/2020 Income Expenditure 31/03/2021
Tavs Refurbishment Fund
Tavs – Mosawi for refurb 5,600 5,600 0
Tavs – Mosawi – kitchen 20,000 20,000 0
Tavs – Mosawi – Co-op 4,920 537 4,383
Tavs – Lottery – Co-op 4,920 4,920
Tavs - Greggs Foundation 1,800 1,800 0
Tavs - YMCA 102 102
7,502 29,840 27,937 9,405
Salaries Fund
Tavs – Albert SP 2,000 2,000 0
Tavs – Leathersellers 3,000 2,561 439
Tavs – Lottery 5,000 5,000
St Mellons – CFIW 20,000 618 19,382
0 30,000 5,179 24,821
Tavs General Costs
Allchurches Trust - general costs 3,500 3,500
0 3,500 0 3,500
Covid Support
Tavs - Groundworks 1,000 1,000
Tavs - Mosawi 5,580 5,000 580
St Mellons - ACE grants 755 625 130
0 7,335 5,625 1,710
Junction - salaries, rent and supervision
Junction - Comic Relief 7,062 6,396 666
Junction - CFIW Tampon Tax 8,856 1,789 7,067
Allchurches Trust 3,000 3,000
7,062 11,856 8,185 10,733
Hope St Mellons - general funding
Anchor Foundation 6,130 1,800 4,330
Allchurches Trust 3,500 3,500
0 9,630 1,800 7,830
Hope St Mellons - Mutual Aid Fund
Mutual Aid Fund donations 7,070 3,745 3,325
0 7,070 3,745 3,325
Total 14,564 99,231 52,471 61,324

17

The grants and donations received for various restricted funds are for the following purposes:

Tavs Refurbishment Fund: Funds received to assist with refurbishment work in the Tavs Centre to better serve those in need in the area. Work has been completed on the shower area, kitchen and in providing facilities to serve food during the Covid pandemic

Salaries: Funds received to pay salaries and associated expenses of staff working in various projects in the charity

Tavs General Costs: To be used towards the general running costs of the Tavs Centre

Covid Support: To be used to assist the provision we seek to make to those in need during the Covid pandemic

Junction – salaries, rent and pensions: monies given to the Junction project to pay the salaries and pension contributions of our staff and the rent for our office

Hope St Mellons – general funding: To be used for the general running costs for the projects working in the St Mellons area

Hope St Mellons – Mutual Aid Fund: The mutual aid fund allows people to support others in their community who are struggling. Donation given by individuals are pooled and given as small grants to other in our community that are in need – and we have a strict process and criteria to identify those eligible for the grants

10 Analysis of net assets between

funds
Current assets
Current liabilities		 Unrestricted
Funds
£
Restricted
Funds
£
2021 Total
funds
£
2020 Total
funds
£
24,167
61,324
85,491
39,184
(200)
-
(200)
(162)
23,967
61,324
85,291
39,022

11 Related parties

Glenwood Church is related as Paul Francis, a trustee of the charity, also served as a trustee of Glenwood Church during the financial year. During the year invoices were raised by Glenwood Church to Hope Trust Cardiff of £41 (2020: £594) and by Hope Trust Cardiff to Glenwood Church of £Nil (2020: £11). Further, during the year Glenwood made donations to Hope Trust Cardiff of £2,160 (2020: £2,160). At the end of the financial year the charity owed Glenwood £Nil (2020: £17).

12 Controlling parties

In the opinion of the trustees there is no single ultimate controlling party of the charity

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Hope Trust Cardiff (A Charitable Incorporated Organisation)

Notes to financial statements for the year ending 31 March 2020

13 Taxation

The company is a registered charity and is, therefore, exempt from taxation.

14 Statement of financial activities for the year ended 31 March 2020

Income
Income from generating funds:
Voluntary income
Other Income
Total income
Expenditure
Charitable activities
Total expenditure
Net movement in funds for the year
Total funds brought forward
Total funds carried forward		 Unrestricted
funds £
Restricted
funds £
Year ended
31/03/20 £
25,702
-
-
16,256
25,702
16,256
25,702
16,256
41,958
27,795
4,282
32,077
27,795
4,282
32,077
(2,093)
11,974
9,881
26,511
2,590
29,141
24,458
14,564
39,022

19