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2025-08-31-accounts

Charity registration number 1161502 (England and Wales)

RENEWED HOPE TRUST

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

RENEWED HOPE TRUST

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees K McDowell
H A Serjeant (Appointed 15 September 2025)
J P C Cutler
M Johnson
G Knight
S B Ferrar
Ms D Smith (Appointed 17 March 2026)
Charity registration England and Wales 1161502
Registered office Shrewsbury Chapel
Shrewsbury Road
Redhill
Surrey
RH16BH
Independent examiner Darren Harding ACA FCCA DChA
Richard Place Dobson Services Limited
Ground Floor
1-7 Station Road
Crawley
West Sussex
RH10 1HT

RENEWED HOPE TRUST

CONTENTS

Page
Trustees' report 1 - 5
Independent examiner's report 6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9 - 16

RENEWED HOPE TRUST

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 AUGUST 2025

The trustees present their annual report and financial statements for the year ended 31 August 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the organisation's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".

Objectives and activities

Our objectives were amended in July 2025 and approved by the Charity Commission. They are set out in full in our constitution. In brief they are:

We aim to achieve these objectives through providing and developing services ourselves, and also through mobilising the churches of the area and other like-minded people to combat homelessness, unemployment, addiction, hunger, debt and social breakdown. In so doing we partner with specialist organisations in Surrey, helping our clients to engage with the help they require.

Monitoring

The trustees receive regular reports from the Operations Manager and data is kept on our key performance indicators to assess our work for the benefit of our own development, for donors and for existing and potential grant makers.

Our Focus in the year under review

Renewed Hope is a local charity based in Redhill providing practical solutions and emotional support to the homeless, vulnerable and isolated of East Surrey. Renewed Hope aims to foster independence and improve the quality of life of our guests. The numbers of people coming to us for help is increasing every year, and 2024/25 was the busiest year for Renewed Hope since moving to Shrewsbury Chapel.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the organisation should undertake.

The principal activities during the year were:

1. Daytime Drop-In

The main activity of Renewed Hope is the daytime Drop-in, which has been based at Shrewsbury Chapel, Shrewsbury Road, Redhill since January 2020. The Drop-in opens six days a week, 52 weeks a year, welcoming homeless, vulnerable and isolated people through its doors. The Drop-in is open to all, and our guests do not need a referral or to go through an assessment process before coming in. Instead, they will be welcomed by one of the volunteers and offered a hot drink and a free freshly cooked lunch. Our teams of volunteers create a safe, friendly environment, where all our guests can relax and enjoy being accepted as part of a community.

Our guests can also seek one-to-one help and support from our support worker, or from another member of the small staff team that is based at the Drop-in. This can be about specific issues such as housing, benefits, and health, as well as just offering a safe space and time for someone to talk. The support worker can help our guests identify where they need help and link them in with specialist agencies where required. In particular w e work in close partnership with the commissioned Homelessness Outreach Team – East Surrey Outreach Service – working together to best support the person and get them housed as soon as possible.

page 1

RENEWED HOPE TRUST

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

At least 56% of Renewed Hope’s guests were homeless on the night before coming to the Drop-in, sleeping on the street, in a tent, in a car or on someone’s floor. When they come to Renewed Hope, they can warm up, have a shower, get a change of clothes, and their own clothes washed, recharge their phones and enjoy a nutritious meal.

– 2. Hope House supported accommodation for homeless men

Hope House is a 4 bedroom house in Redhill, providing temporary, shared accommodation for four men who have previously been homeless. The house was purchased by Green Pastures (a national charity which buys property for churches and charities to house homeless people) and is leased from them by Renewed Hope. Our first residents moved in on 9[th] February 2022, and since then ten people have lived there.

The residents are housed on a licence through which they receive tailored support from Renewed Hope to help them become ready for independent living. The support is provided by the Renewed Hope support worker who splits their time between the house and the drop-in.

Referrals for the house are made by Reigate and Banstead Borough Council, and by the outreach team. Over the year covered by this report, one person moved on to join a new partner in their home, and we welcomed two new homeless residents.

3. Winter support for homeless and vulnerable people

Between 2011 and 2020 Renewed Hope co-ordinated a Night Shelter project during the coldest months of the year – providing beds and a hot meal in church halls from December to March. Unfortunately, the Covid restrictions imposed in March 2020 meant that this service could not run for the following three years. As it was clear the need was still there, it was decided to restart the Winter Night Shelter, and it ran for eleven weeks from 13[th] December 2023. In the year covered by this report the Winter Night Shelter ran for twelve weeks, from 11[th] December 2024 to 5[th] March 2025.

4. Strategy development

At the start of 2021, the Trustees set a Five-Year plan consisting of three strands – Collaboration, Professionalism and Yearround Accommodation. Further progress has been made on all of these during the financial year 2024-25.

Collaboration

a) Helping our guests:

As stated in our strategy, our approach at Renewed Hope is to partner with other local organisations, building effective and complementary working links to ensure we can support our guests to access the help they need. This can involve referring guests to another agency, or (more commonly) working collaboratively with them, perhaps helping a guest pull together the evidence they need for a referral, and helping them in joint meetings. In 2024/25 we worked with 41 other agencies, covering a wide range of services including addiction, mental health, physical health, immigration, homeless support and move on accommodation.

Our most regular partner is East Surrey Outreach Service (ESOS) who are a commissioned service targeting street homeless people in East Surrey. They may find a rough sleeper on one of their early morning visits, refer them to Renewed Hope for practical support, and arrange to meet the client at Drop-In to hold their follow up meetings. In 2024/25 we worked together with ESOS to support over 40 homeless people.

Our partnerships are core to help people move from homelessness to more secure accommodation. More than 60 people successfully moved off the streets due to our joint work.

Health support was facilitated by Alliance for Better Care (ABC), who offer health checks and vaccinations to older people, and to homeless people. ABC also host a smoking cessation project, funded by Surrey Public Health. Their Smoking Advisor started coming to Renewed Hope towards the end of this financial year, and is planning to make this a weekly visit.

b) Sharing resources:

Every week the Renewed Hope Drop-In is used by Narcotics Anonymous, Alcoholics Anonymous and Smart Recovery Groups in the evenings. LoveWorks, a local food bank charity, also operate from Shrewsbury Chapel every Thursday afternoon with increased numbers of their Reigate clients making use of this facility.

page 2

RENEWED HOPE TRUST

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

c) Renewed Hope works in partnership with several local churches in the delivery of the Winter Night Shelter. Ten churches in Redhill, Reigate, Horley and Merstham offered venues for the Night Shelter, each providing use of a church hall and kitchen one night a week, as well as volunteers.

d) Joint work with Community Organisations: Renewed Hope continues to link up with other community organisations and events. In 2024 these included the second Reigate Summer Fair, Run Reigate, the Reigate Christmas Fayre and concerts by Redhill and Reigate Choral Society, and the Churches Together Orchestra. We also repeated our successful Choirs, Carols and Collection Day at the Belfry Shopping Centre in December.

In 2024 Renewed Hope was selected as one of the Mayor’s chosen charities by Cllr Eddy Humphries, Mayor of Reigate and Banstead Borough Council 2023-2025. Throughout this year in office we enjoyed participating in several events he and the Lady Mayoress organised, including a Wine Tasting event, a Quiz night, the Remembrance Sunday service and a ladies lunch. We were also invited to attend his reinstatement as Mayor in April 2024, and the hand over ceremony the following year. At these events we had the opportunity to speak to councillors, officials and other attendees and tell them about the work we are doing.

e) Developing relationships with businesses: Renewed Hope has benefited from the support of local businesses – both smaller businesses located in Reigate and Redhill, and national (and even international) companies with offices in the area. Some have encouraged their teams to volunteer for a day or two at Drop-in, and others have made donations, either from their own schemes, or from the fundraising efforts of their staff. In February the Mayor generously hosted an event for our supporters at the Town Hall.

Professionalism

a) INFORM: We continue to work on the implementation of INFORM - a client database that has been developed specifically for agencies working in the homelessness sector. This is helping us to develop bespoke reports for the Trustees meetings on attendance, and on progress made and outcomes achieved by our guests.

b) Safeguarding Training: We have been reviewing our policy and practice in relation to Safeguarding of Vulnerable Adults, and commissioned bespoke training for trustees, staff, and our volunteer supervisors.

Year-round Accommodation

We opened our first supported accommodation unit in February 2022- a four-bed shared house in Redhill. There are no plans to open further properties soon, however we are mindful of the wider need for further supported accommodation units for single people in the local area.

Achievements and Performance – Public Benefit

The day-time Drop-in in Redhill remained as busy and needed as ever. This year we welcomed 311 guests, offering over 5,200 meals during the year.

At least 174 of our guests were homeless when they first came to Renewed Hope, sleeping in tents, shop doorways, underground car parks, bin stores and on the street. This was an increase from the 163 homeless people the year before.

We have worked hard to help our homeless guests in their efforts to get off the streets and into more secure accommodation. We are pleased to report that despite the growing numbers of our guests coming to us in housing need, we are moving a greater share of them into stable housing. In this year 35% of 174 homeless guests were helped to move indoors, including 45 people who got their own rented room or flat, and 19 who moved in with family or friends.

We continue to support significant numbers of people with significant and complex support needs. We estimate that over a third of our guests have a history of mental health problems and a quarter have addiction problems.

We have also seen numbers of refugees who had previously been housed in hotels as asylum seekers. The reason they come to us is that once their application for asylum had been accepted, and they were given leave to remain in the UK, the funding for the hotels has ceased and they must leave with just two weeks' notice. The people coming to Renewed Hope have sought help with opening bank accounts, registering with the local authority and seeking accommodation.

page 3

RENEWED HOPE TRUST

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

As noted above, the Winter Night Shelter ran for twelve weeks, from 11[th] December 2024 to 5[th] March 2025. Over this period our volunteers welcomed an average of 7 people per night. 23 individuals made use of the Night Shelter, after which 13 of them moved on to more secure accommodation rather than returning to the streets.

This is only made possible by our volunteer teams – every night we need 16 volunteers to run safely. Over the season 192 volunteers filled 900 slots.

The value of our dedicated Support and Recovery Worker post (created in May 2021) was again made evident as we can offer consistent and proactive help, addressing a wide range of needs. As noted above a key part of what we do is to help our guests access the services they need from the agencies and community groups in the area. In the last year we supported 89 homeless guests in applying to local authority homelessness teams for support, helping our guests pull together and present the information they need, and to best represent their situation in order to get the right service. We also help with money issues – supporting our guests to liaise with DWP for universal credit and Personal Independence Payments, as well as liaising with local foodbanks.

None of this could happen without our amazing team of volunteers. In the 2024/25 financial year we had 270 volunteers filling a total of 2,538 slots – 1,638 at Drop-in and 900 at the Winter Night Shelter. In addition, we were very grateful for the support of over 30 people who helped as ambassadors at events throughout the year or as members of our committee. As noted above the work of volunteers was recognised through the granting of King's Award for Volunteering services, and in addition in November 2024 the Mayor presented a Reigate and Banstead Borough Council Team award to the Renewed Hope Volunteers .

Financial review

The charity made a surplus on unrestricted funds of £35,465 in the financial year compared with a surplus of £7,031 in the previous year (2023-24).

Donations from individuals increased by 20% to £79,250, and from other organisations (local business, trusts, etc) by 34% to £104,912, compared with the previous year, Donations from churches increased by 78% to £9,239. This helped the overall income increase from £215,141 in 23/24 to £302,706, this is due to an increase in donations, and rent of Hope House.

In particular we were successful in fundraising to pay for essential repair works for Shrewsbury Chapel (roof and dry rot), and also the essential fire safety upgrades . We received donations towards these works totalling £22,300 from various businesses and trusts (MFS, (£15,000) UNUM (£5300), Bryan and June Amos Foundation (£2500)).

We have also received a monthly donation towards our salary costs from OPUS totalling £15,000 over the year, and benefited from being one of the Mayor’s chosen charities which resulted in a donation of £12,000.

The rent received for Hope House increased from £39,000 in 2023/24 to £56,000 in 2024/25.

Several grants and donations were received in 2024-25 specifically to support the Winter Night Shelter (WNS). These included £7,500 from the Redhill Food Bank to purchase food for the shelter; we are grateful that the Food Bank also allowed us to put this towards the costs of food at the regular Drop-In. We received a further £4,590 from Reigate and Banstead Borough Council (RBBC) and Tandridge Council, for the costs of WNS, which was put towards the expenses claimed by churches and costs incurred at Shrewsbury Chapel relating to the Night Shelter. Where it has not been possible to spend money on the specific purposes for which it has been given, the funds have been carried forward to the 2025-2026 WNS.

Throughout 2024-25 Hope House was fully occupied, and housing benefit was paid in full. The rent received fully covered the direct expenses of Hope House for the year, including the lease payments to Green Pastures .

Going concern

The trustees consider that the charity remains a going concern.

Reserves policy

It is the policy of the organisation that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the organisation's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

page 4

RENEWED HOPE TRUST

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

Structure, governance and management

The charity is governed by its CIO Foundation Constitution. Trustees are appointed for a fixed term of 3 years. They can then be re-appointed for a further two terms if willing to stand.

All of the trustees appointed have been from supporting churches or from amongst those who have been volunteer workers or those who are registered on our database as supporters. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.

The trustees who served during the year and up to the date of signature of the financial statements were: K McDowell H A Serjeant (Appointed 15 September 2025) J P C Cutler M Johnson G Knight S B Ferrar Mr D Buchan (Resigned 17 February 2025) Ms M Philipson (Resigned 21 October 2024) Ms F Stehrenberg (Resigned 17 November 2025) Ms D Smith (Appointed 17 March 2026)

The trustees have assessed the major risks to which the organisation is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

The trustees' report was approved by the Board of Trustees.

.............................. S B Ferrar Chairman

26 Jun 2026 Date: .............................................

page 5

RENEWED HOPE TRUST

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF RENEWED HOPE TRUST

I report to the trustees on my examination of the financial statements of Renewed Hope Trust (the organisation) for the year ended 31 August 2025.

Responsibilities and basis of report

As the trustees of the organisation you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.

I report in respect of my examination of the organisation’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the organisation’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.

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:

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.

Darren Harding ACA FCCA DChA

Richard Place Dobson Services Limited Ground Floor 1-7 Station Road Crawley West Sussex RH10 1HT 26/06/2026 Date: ............................

page 6

RENEWED HOPE TRUST

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 AUGUST 2025

Unrestricted
Restricted
funds
funds
2025
2025
Notes
£
£
Income from:
Donations and legacies
3
193,378
22,090
Charitable activities
4
83,236
-
Investments
5
4,002
-
Total income
280,616
22,090
Expenditure on:
Raising funds
6
5,628
-
Charitable activities
7
238,863
12,660
Total expenditure
244,491
12,660
Net income and movement in
funds
36,125
9,430
Reconciliation of funds:
Fund balances at 1 September
2024
177,557
4,199
Fund balances at 31 August 2025
213,682
13,629		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
215,468
137,021
17,499
83,236
56,867
-
4,002
3,754
-
302,706
197,642
17,499
5,628
2,276
-
251,523
188,335
13,300
257,151
190,611
13,300
45,555
7,031
4,199
181,756
170,526
-
227,311
177,557
4,199		 Total
2024
£
154,520
56,867
3,754
215,141
2,276
201,635
203,911
11,230
170,526
181,756

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

page 7

RENEWED HOPE TRUST

BALANCE SHEET

AS AT 31 AUGUST 2025

Notes
Current assets
Debtors
13
Cash at bank and in hand
Creditors: amounts falling due within one
year
14
Net current assets
The funds of the organisation
Restricted income funds
16
Unrestricted funds
17		 2025
£
620
238,489
239,109
(11,798)		 £
227,311
13,629
213,682
227,311		 2024
£
-
181,756
181,756
-		 £
181,756
4,199
177,557
181,756

25 Jun 2026 The financial statements were approved by the trustees on .........................

.............................. S B Ferrar Chairman

page 8

RENEWED HOPE TRUST

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

Charity information

The charity is a Charitable Incorporated Organisation (CIO) registered in England and Wales with the Charity Commission on 30 April 2015, with charity number 1161502. The Registered office is as follows: Shrewsbury Chapel, Shrewsbury Road, Redhill, Surrey, RH1 6BH

The charity is governed by a constitution and is established as a Foundation CIO. The trustees are responsible for the management and administration of the charity.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the organisation's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The organisation is a Public Benefit Entity as defined by FRS 102.

The organisation has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

The financial statements 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 Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the organisation. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the organisation has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Income is recognised when the organisation is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the organisation has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

page 9

RENEWED HOPE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7 Financial instruments

The organisation has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.8 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the organisation is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the organisation’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

page 10

RENEWED HOPE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

3 Income from donations and legacies

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Donations and gifts
193,378
12,090
Grants
-
10,000
193,378
22,090
Donations and gifts
Individuals
78,700
550
Churches
9,239
-
Councils
-
3,990
Other organisations
97,362
7,550
Other
8,077
-
193,378
12,090		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
205,468
137,021
12,499
10,000
-
5,000
215,468
137,021
17,499
79,250
65,578
199
9,239
5,181
-
3,990
-
-
104,912
66,262
12,300
8,077
-
-
205,468
137,021
12,499		 Total
2024
£
149,520
5,000
154,520
65,777
5,181
-
78,562
-
149,520

4 Income from charitable activities

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Charitable activities
Fundraising 21,802 14,565
Charitable rental income 61,171 42,302
Other income 263 -
83,236 56,867

5 Income from investments

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Interest receivable 4,002 3,754

page 11

RENEWED HOPE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

6 Expenditure on raising funds

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Fundraising and publicity
Staging fundraising events 5,628 2,276
7 Expenditure on charitable activities
Charitable Charitable
activities activities
2025 2024
£ £
Direct costs
Staff costs 100,814 93,342
Winter Night Shelter 2,661 4,000
Drop-in Activity 13,847 12,233
Rental: Drop-in and Chapel 2,026 2,012
Hope House: Operating Costs 34,756 57,782
Hope House: Premises Costs 12,238 9,858
Shrewsbury Chapel: premises costs 48,449 7,949
Staff training and expenses 2,800 2,255
Other Activities 2,069 913
Repairs & Maintenance 16,920 -
236,580 190,344
Share of support and governance costs (see note 8)
Support 11,643 11,291
Governance 3,300 -
251,523 201,635
Analysis by fund
Unrestricted funds 238,863 188,335
Restricted funds 12,660 13,300
251,523 201,635

page 12

RENEWED HOPE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

8 Support costs allocated to activities

Insurance
Subscriptions
Professional fees
Printing & postage
Telephone & broadband
Bank Charges
Other support costs
Governance costs
Analysed between:
Charitable activities
9
Net movement in funds
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements		 2025
£
1,612
2,275
2,800
236
4,002
378
340
3,300
14,943
14,943
2025
£
3,300		 2024
£
1,665
2,459
2,739
178
3,717
348
185
-
11,291
11,291
2024
£
-

10 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the organisation during the year.

11 Employees

The average monthly number of employees during the year was:

2025 2024
Number Number
4 4
Employment costs 2025 2024
£ £
Wages and salaries 95,757 76,548
Social security costs 2,688 11,924
Other pension costs 2,369 4,870
100,814 93,342

There were no employees whose annual remuneration was more than £60,000.

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RENEWED HOPE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

11 Employees (Continued)
Remuneration of key management personnel
The remuneration of key management personnel was as follows:
2025 2024
£ £
Aggregate compensation 37,150 -

12 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

13
Debtors
Amounts falling due within one year:
Prepayments and accrued income
14
Creditors: amounts falling due within one year
Trade creditors
Accruals and deferred income
15
Retirement benefit schemes
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes		 2025
£
620
2025
£
8,498
3,300
11,798
2025
£
2,369		 2024
£
-
2024
£
-
-
-
2024
£
4,870

The organisation operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the organisation in an independently administered fund.

page 14

RENEWED HOPE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

16 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 September Incoming Resources At 31 August
2024 resources expended 2025
£ £ £ £
Winter Night Shelter 4,199 12,090 (2,660) 13,629
Community Foundation Surrey - 10,000 (10,000) -
4,199 22,090 (12,660) 13,629
Previous year: At 1 September Incoming Resources At 31 August
2023 resources expended 2024
£ £ £ £
Winter Night Shelter - 17,499 (13,300) 4,199

The Winter Night Shelter fund represents donations and grants received in support of the Winter Night Shelter (WNS).

The Community Foundation for Surrey consists of two donations of £5,000 received from the Gatwick Foundation Fund, and Green Shoots Fund, funds were received to support the charity with wages costs of a support worker.

17 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 September Incoming Resources At 31 August
2024 resources expended 2025
£ £ £ £
General funds 177,557 280,616 (244,491) 213,682
Previous year: At 1 September Incoming Resources At 31 August
2023 resources expended 2024
£ £ £ £
General funds 170,526 197,642 (190,611) 177,557

page 15

RENEWED HOPE TRUST

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 AUGUST 2025

18
Analysis of net assets between funds
Unrestricted
Restricted
funds
funds
2025
2025
£
£
At 31 August 2025:
Current assets/(liabilities)
213,682
13,629
213,682
13,629
Unrestricted
Restricted
funds
funds
2024
2024
£
£
At 31 August 2024:
Current assets/(liabilities)
177,557
4,199
177,557
4,199		 Total
2025
£
227,311
227,311
Total
2024
£
181,756
181,756

19 Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

page 16