REGISTERED COMPANY NUMBER: 09904428 (England and Wales)
REGISTERED CHARrrY NUMBER.'1166877
REPORT OFTHE TRusfEES AND
UNAUDITED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
FOR
FRESH HOPE
BK Plus Limited
6 Manor Park Business Centre
Mackenzie Way
Chellenham
Glouce51ershire
GL519TX

FRESH HOPE
CONTEMfs OF THE FINANCIAL STATEMENTS
FOR THEYEAR ENDED 31 DECEMBER 2023
Page
Reference and Admlnlstrative Details
Report of the Trustees
Independent Examlnets Report
Slalemenl of Flnanclal Actlvltle8
Statement of Flnanclal Posltlon
Notes to the Flnanclal Statom8nts
10 10 17

FRESH HOPE
REFERENCE AND ADMINISTrAMVE D￿AlLs
FOR THE YEAR ENDED 31 DECEMBER 2023
TRusfEES
D P Lynch
S Mclean
A F Solomot)
K Warner {resigned 31.8.23)
D Heusch
J Taylor (appointed l.1.231
S Harris lappoinled 1.3.241
C Workman18ppointed 23.5.241
REGISTERED OFFICE
Trouville
Baltledown Approach
Chellenham
Gloucestershire
GL52 6RA
REGisfERED COMPANY NUMBER 09904428 (England and Wales}
REGISTERED CHARttY NUMBER 1166877
INDEPENDE￿ EXAMINER
BK Plus Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL519fA
SOLIC￿ORs
BPE Solicitors LLP
St James House
Sl James Square
Cheltenham
GL50 3PR
BANKERS
Barclays PIC
128 High Street
Chellenham
GL50 IEG
Page 1

FRESH HOPE
REPORT OFTHE TRUSTEES
FOR THEYEAR ENDED 31 DECEMBER 2023
The Iruslees who are also directors of the Charity for the purposes ol Ihe Companie5 Act 2006, present
their report with the financial statements of the charity lor the year ended 31 December 2023. The trustees
have adopted the provisions ol Accounllng and Rèporting by Charities.. Statement c*1 Recommended
Practice applicable lo charities preparing their accounls in accordance with the Financial Reporting
Standard applicable in the UK and Republic DI Ireland (FRS 1021 lelleclive l January 20191.
OBJECTIVES AND ACTivrriES
Oble¢llves and aim5
Our charit515 purposes as sel out in the objects contained In the company's articles ol association are to..
To improve and transform the lives of individual people and communities, in such communities as the
Iruslees may from time to time think fil, with special emphasis on, bul not exclusively, young people.
vulnerable adults and disadvantaged familie5, by sponsoring. supporting and/or implementing ctsmmunity
projects. To work with, encourage and provide opporlunities lor people in communities who have what they
need, to work with those who do not, and so make the community a caring and healthy place to live lor all.
We will do this by sponsoring, promoting and supporting a variety of projects delivering benefits lo thé
community.
Publlc benefti
How our a¢tivitles delivar public benefit
Currently. Fresh Hope has the following projects delivering benefit lo the public..
The School House Cate (SHC) Our aim in 2023 was to boost the levels ot community acllvilies in
the SHC which had yet to recover lo pre-pandemic levels. Over the year we held numerous
èvents including..
Pizza making
Live music
A children's Christmas party
Many ol these events were allended by over 100 people from our community. We have also made
ellorls lo create regular events which include..
A weekly #payasyouleel lunch club.
Weekly holiday activities in partnership with Make Lunch.
Dungeons and Dragons on a Saturday morning
Board Game5
Lego Club
Tea and cake for older isolated people in the community.
11 has beèn a pleasure seeing all ol the community use the sp3ce al the 5HC under the same
roof. We have seèn an increase in families use the cale with the newly developed play room and
increasing the events and activities on oller, more and more people are coming lo benefit IrDm
the facilities. It is exciting to see the space used and the community viewing the cafe as a sale
place lo come and somewhere they want lo be. The community lunch has allowed people who
would not normally come into the cale to benefit from the space with a healthy hot meal each
week and the rèlationships that have been built here are a real highlight and a working example
ol the vision we want lo achieve.
These ellorls are Set against a backdrop of really dillicult trading conditions. The cost ol living
crisis and energy crisis, combined with high minimum wage increases has made it very difficult
lor the SHC lo cover it5 Costs. The long term viability ol the SHC remains a concern. That said,
WÈ rèceived a large grant in 2023 to allow us lo refurbish the kitchen and also a grant lo allow
us to rèally focus on growing the use ol the SHC.
Page 2

FRESH HOPE
REPORT OFTHE TRusfEES
FOR THEYEAR ENDED 31 DECEMBER 2023
OBJECTIVES AND AcMvmES
The Cycle Project The projert provides cycle repair, servicing and the sale DI refurbished bikes.
Thi5 project grew rapidly in 2023 with up to 6 volunteers helping. This has allowed us to repair.
servi¢e, sell and give away lar more bikes in 2023.
Jlgsaw (oulreach to vulnerable famllles) The Panlry opened in March 2023 and over the year
has provided food lo over 50 lamllies in Ihè community. For a £4 weèkly membership lee,
families are provided with 10 shell items, two fridge or freezer items and frèe fresh fruit and
vegetables. We have also added recipe bag5 to our Dllering. We have seen grèat CDllaboralion
as part ol this project including working with the Rock who provide Space and working with
Chellenham is Growing whd provide very locally grown Iruil and vegetables. We continue to run
a toddler group on a Monday at the SHC and feeding 'free school meal" familie5 in the school
holidays.
The Armoury IA communlly gym) 2023 saw the Arrnoury growing both Membership and
Personal Training and saw a big increase in Ihe sense ol community reinforced by a number of
large social events. We also supported other charities by providing classes and qualified slafl lo
them, with a view to Èxtending the geographical range ol our service5. Financial performance
was ok bul we will need to perhaps double the curront membership lo create a sustainable
model that can be replicated.
Delivering these public benefits would not lje possible wilhoul..
Our staff who continue to show real compassion for the communities they serve while dellvering
a prole55ional service ID our CLlStomers',
The tirele55 efforts ol the volunteers who run some ol the projects and who marsage and run the
charity as a whole.,
The cu51omer5 01 both the School House Cale and the Armoury gym, who have continLtred lo
support us with their custom.
We are thankful lor the continued financial support of the Life Development Fund ol Gloucester Diocese.
We have been delighted and humbled by the number ol int5ividuals who continue lo support our work
financially. It would be inappropriate to mention names here but our heartfelt thanks lo each and évery one
ol you.
Our Values
Al Fresh Hope we aspire to live out our values..
Community we are pa5sionale about building inclusive and authentic communitie5, generating joy and a
sense ol belonging.
Compasslon we are kind, warm and generous lo everyone wè encounter.
Integrlty we acl in an honest and open way. treating each other with dignity and respect.
Teamwork we achieve more when we tollaborale and all work together.
FINANCIAL REVIEW
Reserves pollcy
Cash flow is good, but overall nel reserve5 remain below 3 months operational costs
Page 3

FRESH HOPE
REPORTOFTHETRUSfEES
FOR THEYEAR ENDED 31 DECEMBER 2023
FUTURE PLANS
We remain open lo exploring opportunities lo reproduce both the School House Cafe and The Armoury in
othèr locations. We continue to discuss wilh Gloucester Diotese what a more formal partnership might
look like.
STRUCTURE, GOVERNANCE AND MANAGEMEKr
Govèrnlng document
The organisalion is a charitable company limited by guarantee, incorpDraled on 7 December 2015 and
registered a5 a charity on 3 May 2016. The company was established under a Memorandum DI Association
and is goverhed under its Articles ol Association which established the objects and powers ol the
charitable company. In thè èvent ol the company being wound up members are requirèd to conlribule an
amount not exceeding £10.
R8cruitm8nt and appolnlmenl of new truste•s
The directors ol the company are also charity Iruslees lor the purpDSèS ol charity law and und&r the
ompanls Articles are known as members.
Under the requirements of the Article5 01 Association. which established the objects and powers ol the
charitable company, one third of the director5 must retire each year Ilonger serving since election firstl bul
can be re-elected at thè nexl Annual General Mèeting. Al the Annual General Meeting held on 13th July
2023, David Lynch and Tony Solomon resigned as direclors and were re-eletted. All member ol the
company give their lime voluntarily and received no benèfits from the charlly. Any expenses reclaimed
from the charity are sel out in note 10 to Ihe account5.
Trustee Induction and Tralnlng
The trustees continue lo work together to develop both the governlng documents of the charity and also the
purp05e and vision of the charity. All are provided with links lo material provided by both the Charity
Commission and Companies House on the roles and responsibilllles ol a Trustee and Director. Most ol the
Trustees are already familiar with these due to ather positions that they hold.
Related partles
Fresh Hope WDrks cullaboratively with a number ol organisations not least Sl Paul's Church, Chellenham,
where the Calé 15 based and Holy Trinity, Chellenham wher& the Armoury is based. However, based upon
the definition ol a related party in IA524, Fresh Hope has no related parties.
Risk manag8menl
The Directors consider risks as part ol their monthly board meeting. Most risks are revlewed every month
including operational, financial and safeguarding. The overall risk lag is formally reviewed on an anrnual
basi5.
srATEMENf OFTRusfEES' RESPONSIBILITIES
The trustees Iwho are also the directors ol Fresh Hope lor the purposes of company lawl are re5pon5ible
for preparing the Report of the Trustees and the financial statements in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including
Financial Reporliny Standard 102 "The Financial Reporting Standard applicable in thè UK and Republic ol
Ireland.
Company law requires the truslèes to prepare financial statements for each financial year which give a
truè and lair view ol the state ol allairs ol the charitable company and ol the incoming resources and
pplication ol resources, including the income and expenditur&, ol the charitable company for that period. In
preparing those financial slalements, the trustees are required lo
select suitable accounting policies and then apply them consistently.,
observe the mélhods and principles in the Charity SORP..
make judgemènts and eslimales that are reasonable and prudent.,
prepare the financial statements on the going concern basis unless il Is inappropriate lo presurne Ihal
the charitable company will continue in business.
Page &

FRESH HOPE
REPORTOFTHETrUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
STATEMEMf OFTRusfEES' RESPONSIBILmES- eontlnued
The trustees are responsible lor keeping proper accounting records which disclose wlth reasonable
accuracy at any time the financial position ol the charitable company and to enable them lo ensure that the
financial 51alements comply with the Companies Act 2006. They are also responsible lor safeguarding the
assets ol the ch3rilable company and hence lor taking reasonable steps for the prevenlian and detection ol
fraud and other irregularities.
This report ha5 been prepared in accordance with the special provisions of Parl 15 ol the Companies Act
2006 relaling to small companie5.
Approvéd by order of the board ol trustees on 6 August 2021 and signed on ils behalf by.
D P Lynch - Trustee
Page 5

INDEPENDE￿ EXAMINER'S REPORTTO IHE TRusfEES OF
FRESH HOPE
Independent examinerfs report lo Ihe trustee5 of Fresh Hope Vhe Compan
report to the charity Iruslees on my examination ol the accounts ol the Company lor the year ended
31 Decembèr 2023.
R•sponsSbililies and basls Ot report
As the charity's trustees ol the Company land also its director5 for the purposes of company lawl you are
responsible for the preparation ol the accounts in accordance with the requiremen15 01 the Companies Act
2006 Clhe 20D6 Act'l.
Having satisfied myself that the accounts ol the Company are not required lo be audited under Parl 16 01 the
2006 Act and are eligible lor ind2pendenl examination, I report in re5pe¢l ol my examination ol your
harity's accounts as carried out under Section 145 01 the Charities Act 2011 I'lhe 2011 Act'l. In carrying out
my examination I have followed the Directions given by the Charity Commission under Section 145151 Ibl of
the 2011 Act.
Independenl examin•rfs statement
I have completed my examination. I confirm that no mallers have comè to my allenlion In connèction with
the examination giving me cause to believe..
accounting records were not kepl in respect ol the Company as requirèd by Seclion 386 01 the 2006
Act., or
the accounts do not accord with those records., or
thè accounts do not comply with the accounting requirements of Secllon 396 of the 20D6 Act other
than any requirement that the accounts give a true and lair view which is not a matter considered as
part ol an independent examination., Dr
the accounts have not been prepared in accordance with the methods and principles ol the
Statèment ol Recommended Practice lor accounting and reporting by charitiès (applicable lo
charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic ol Ireland IFRS10211.
I have no concern5 and have come across no other matters in connection with the examination lo which
attention should be drawn in this report in order to enable a proper understanding ol the accounts lo be
reached.
Cinzia Hensley FCA
BK Plus Limited
6 Manor Park Business Centre
Mackenzie Way
CheltÈnham
Gloucestershire
GL519TX
6 August 2024
Page 6

FRESH HOPE
5rATEmE￿ OF FINANCIAL ACIIVMES
FOR THE YEAR ENDED 31 DECEMBER 2023
31.12.23
Total
funds
31.12.22
Total
funds
Unreslricled Reslricled
fund
funds
Notes
INCOME AND ENDOWMEKfs FROM
Donations and legacies
47,123
47.123
27,493
Charttable adivllies
Charitable
84.780
8&,780
Olher trading activitie5
114,678
114,678
128.871
Total
161,801
84,780
246,581
156.364
EXPENDttURE ON
Charltable adivities
Charitable
178,415
1.700
180.115
161b,256
NEf INCOMVIEXPENDttURO
116,614)
83,080
66,466
17,8921
RECONCILIATION OF FUNDS
Total funds brought forward
18.539
2,100
20.639
28.531
TOTAL FUNDS CARRIED FORWARD
1,925
85,180
87,105
20,639
The notes fc*rm part ol these financial statements
Page 7

FRESH HOPE
srATEMENT OF FINANCIAL posrnoN
31 DECEMBER 2023
31.12.23
Total
funds
31.12.22
Total
funds
Unreslricled Reslricled
fund
funds
Notes
FIXED ASSETS
Tangible 3SSèts
1,834
1,680
3.514
5,260
cuRRE￿ASSE[s
Stocks
Debtors
Cash al Iiank
12
13
1,724
2,431
3.034
1,724
2,431
86,534
1,2114
2,441
22,316
83.500
7.189
83,500
90,689
25,971
CREOtroRS
Amounts falling due within one year
14
(7,098)
17.098)
110,5921
NEf CURRE￿ ASSErs
91
83,500
83.591
15,379
TOTAL ASSEfs LESS CURREKf LIABILrnES
1.925
85,180
87,105
20,639
N￿AsSErs
1,925
85,180
87,105
20.639
FUNDS
15
Unrestricted funds
Reslricled funds
1.925
85,180
18,539
2,100
TOTAL FUNDS
87.IC15
20,639
The charitable company is entitled lo exemption from audit under Section 477 of the Companies Act 2006
for the year ended 31 December 2023.
The mèmbers have not required the company to obtain an audit ol ils financial slalemenls lor Ihe year
ended 31 December 2023 in accordance with Section 476 01 the Companies Act 2006.
The Iruslees acknowledge their responsibilities lor
(al
ensuring that the charitable company keeps accounting records that comply with Section5 386 and
387 01 the Companies Act 2006 and
preparing financial statemen15 which give a true and fair view of the slate of affairs ol the charilable
company as at the end DI each financial year and of ils surplus or deficit for each financial year in
accordance wilh the requirements ol Sections 394 and 395 and which otherwise comply with the
requiremen15 01 the Companie5 Acl 2006 relating lo financial Statements, so lar as applicable lo the
charilable company.
{bl
The notes form part ol these financial 51atemenls
Page 8
continued...

FRESH HOPE
srATEMENT OF FINANCIAL posmoN - contlnued
31 DECEMBER 2023
These financial statements have been preparèd in accordance with the provisions applicable to charitable
companies subject lo the small companies regime.
The financial slalements were approved by the Board ol Trustees and authorised lor issue on
6 August 2024 and were signed on its behalf by..
D P Lynch - Trustee
The notes form part of these financial statements
Page 9

FRESH HOPE
NOTES TO THE FINANCIAL STATEMENrs
FOR THEYEAR ENDED 31 DECEMBER 2023
ACCOUKnNG POLICIES
Basis of preparlng the flnanc141 statements
The lin3ncial statements of the charitable company, which is a public benefit Èntity under FRS 102,
have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by
Charities-. Statement of Recommènded Practice applicable lo charities preparing Iheir accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS
1021 lelleclive l January 20191,, Financial Reporting Standard 102 The Financial Reporting Standard
applicable in the UK and Republic ol Irel3nd' and the Companies Act 2006. The financial statements
have been prepared under the hislorlcal cost convention.
Income
All income is recoynised in the Staternenl of Financial Activities once the ¢harity has enlillement to
the funds. il is probable that the income will be received and the arnounl can be measured reliably.
Expendituro
Liabilities are recognised a5 expenditure as soon as there is a legal or constructive obligation
committing the charity lo that expenditure, it is probable that a transfer ol economic benefits will be
required in settlement and the amount ol the obligation can bè measured reliably. Expèndilure is
accounted lor Dn an accruals basis and has been classified under headings that aggregate all cost
related lo the category. Where costs cannot be directly allribuled lo particular headings they have
bèen allocated to activities on a basis consistent with the use ol resources.
Tangible fix8d assets
Dèpreciation is provided al the following annual rates in order lo writè oll each a55el over ils
estimated useful life.
Fixture5 and fittings
Computer equipment
101* on cost
33/• on cost
Items ¢051ing less than £1,000 are not capitalised.
Stocks
Stocks are valued at the lower ol Cost and nEt realisable value, alter making due allowance for
obsolete and slow moving itèms.
Taxailon
As a recognised charity, the company is exempl from Corporation Tax 50 lar as it relates lo ils
charitable objects. 11 is not, however, èxempl from VAT, and irrecoverable VAT 15 included in the cost
ol those items to which il relates.
Fund accounllng
Unreslricled funds can be used in accgrdance with the charitable objectives al the discretion of the
Iruslees.
Restricted funds can only bè used lor particular reslricled purposes wilhin the objects ol th& charity.
Restrictions arise when specified by the donor or when funds are raised lor particular restricted
purposes.
Further explanation ol thè rhature and purpose of èach fund is included in the notes lo the financial
slalemenls.
Pagè 10
continued.

FRESH HOPE
NOTES TO THE FINANCIAL grATEMENTS- conllnued
FOR THE YEAR ENDED 31 DECEMBER 2023
DONATIONS AND LEGACIES
31.12.23
31.12.22
DonatlDns
45,252
1,871
25,327
2,166
47,123
27.493
OTHER TRADING ArnvmES
31.12.23
31.12.22
Calé and gym income
Other income
114.622
56
128,871
114,678
128,871
INCOME FROM CHARrrABLE ACTIVfflES
31.12.23
31.12.22
Activity
Charitable
Grants
84,780
Grants received, included in the above, are as follows..
31.12.23
31.12.22
Glouceslershire County Council
Glouceslershire Diocesan Board
Cheltenham Borough Council
50,000
33,500
1,280
84,780
CHARrrABLE ACTIVMES cosrs
Direct
Costs (see
note 61
Support
costs (see
note 71
Totals
Charilable
179,363
752
180,115
Page 11
continued...

FRESH HOPE
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 DECEMBER 2023
DIRECT cosrs OF CHARrrABLE ACnVfflES
31.12.23
31.12.22
stall c0515
Sundries
Catering supplies
Uniform and clothing
Rent and rale5
Marketing. printing and stationery
Charitable donations
Insurance
Bank charges
Repairs and renewals
Bad debts
Depreciation
109,317
2,143
52,337
1,623
4,400
324
4,747
1.358
55
1,313
106,241
1,618
44.03Q
2,400
854
4,076
1,469
208
1,068
11991
1,746
1,746
179,363
163,511
SUPPORT cosrs
Governance
costs
Charitable
752
Support cos15, included in the above, are as follows..
31.12.23
31.12.22
Total
Charitable
Independent examiner fÈè
752
745
NEf INCOMEIIEXPENDMJRE)
Nel incomellexpenditurel is slated afler charging/lcredilingl'.
31.12.23
31.12.22
Deprecialion - owned assets
1,746
1,746
Page 12
continued...

FRESH HOPE
NOTES TO THE FINANCIAL sfATEMEMfs- contlnued
FOR ThEYEAR ENDED 31 DECEMBER 2023
TRUSTEES. REMUNERATION AND BENEFtrs
There were no trustees, remuneration or other benefits for the year ended 31 December 2023 nor lor
thè year ended 31 December 2022.
Trust8gs' expenses
There were no trustees, expenses paid for the year ènded 31 December 2023 nor lor the year ended
31 December 2022.
10.
srAFF cosrs
The average monthly number ol employees during the year was as follows:
31.12.23
19
31.12.22
15
No employees received emoluments in excess of £60,000.
TANGIBLE FIXED ASSErs
Fixtures
and
Computer
equipment
Totals
COST
At l January 2023 and
31 Dècèmber 2023
13,264
10,030
23.294
DEPRECIATION
Al l January 2023
Charge lor year
8,004
1,746
10,030
18,034
1,746
At 31 December 2023
9.750
10,030
19,780
NEf BOOKVALUE
At 31 December 2023
3.514
3,514
At 31 December 2022
5,260
5,26D
12.
STOCKS
31.12.23
31.12.22
Stocks
1,724
1.214
Page 13
continued...

FRESH HOPE
NOTES TO THE FINANCIAL sfATEMENTS - ¢onlinued
FOR THE YEAR ENDED 31 DECEMBER 2023
13.
DEBTORS: AMouNfs FALLING OUE WThIN ONE YEAR
31.12.23
31.12.22
Trade debtors
Other debtors
Prepayments
412
1.747
272
1,236
1,205
2,431
2,441
cRED￿oRS. AMOUNTS FALLING DUE wrrHIN ONEYEAR
31.12.23
31.12.22
Trade creditors
VAT
olher creditor5
Accrued expense5
337
2,322
3,623
816
319
1,663
7.818
792
7,098
10,592
15.
MOVEME￿ IN FUNDS
Nel
movement
in funds
At
31.12.23
Al 1.1.23
Unrestricted funds
General fund
18,539
116,614)
1,925
Reslricl•d funds
Enhancement Fund
Special Project Diocese SHC Support
Kitchen Project 2023
2,100
14201
33,500
50,000
1,680
33,500
50,000
2,100
83,080
85.180
TOTAL FUNDS
20,639
66.466
87,105
Net movement in funds, included in the above are BS follows..
Incoming
resources
Resources
expended
Movement
in funds
Unreslrlclod funds
General fund
161,801
1178,4151
116.6141
Reslrlcted funds
Enhancement Fund
Special Project Diocese SHC Supporl
Jigsaw summer activities
Kitchen Project 2023
1420)
14201
33.500
33,500
1,280
50,000
11,280)
50,00
84,780
{1.7001
83,080
TOTAL FUNDS
246,581
66,A66
Page14
continued...

FRESH HOPE
NOTES TO THE FINANCIAL sfATEMENTS _ conllnued
FOR THE YEAR ENDED 31 DECEMBER 2023
15.
MOVEMENf IN FUNDS - contlnued
ComparallY•s for movement In funds
Nel
movement
in funds
Al
31.12.22
Al 1.1.22
Unrestrlcted funds
General fund
26,011
17,4721
18,539
Restricted funds
Enhancement Fund
2,520
14201
2.100
TOTAL FUNDS
28,531
17,892}
20,639
Comparative net movement in funds. included In the above are as follows..
Incoming
resources
Resources
expended
Movement
in fLknds
Unrestricted funds
General fund
156,364
1163.8361
17,4721
Restrlcled Iunds
Enhancement Fund
1420)
14201
TOTAL FUNDS
156,364
1164.2561
(7,8921
A current year12 months and prior year 12 months combined position is as follows..
Nel
movement
in funds
At
31.12.23
Al 1.1.22
Unrestrlcled funds
General fund
26,011
124,086)
1,925
Reslricled lunds
Enhancement Fund
Special Project Diocese SHC Support
Kitchen Project 2023
2.520
18401
33,500
50,000
1.680
33,500
50,000
2.52D
82,660
85.180
TOTAL FUNDS
28,531
58.574
87,105
Page 15
continued...

FRESH HOPE
NOTES TO ThE FINANCIAL sfATEMENTS - contlnu•d
FOR ThEYEAR ENDED 31 DECEMBER 2023
15.
MOVEME￿ IN FUNDS- conllnued
A current year 12 months and prior year 12 months combihed nel movement in funds, included in the
above are as follows..
Incoming
resources
Resourcès
expendÉd
Movement
in funds
Unreslricled funds
General fund
318,165
1342,2511
124,0861
Reslrlcted fvnds
Enhancement Funé
Special Project Diocese SHC Support
Jigsaw summer activities
Kitchen Project 2023
18401
18401
33,500
33.500
1,280
50,000
11,2801
50.000
84,780
12,1201
82,660
TOTAL FUNDS
402,945
1344,3711
58,574
Transfers between funds
Transfers are made between reslricled and unrestricted funds al the end of every accountin9 period
in cases where:_
il the activity ol the restricted fund has come lo an end and there is an unspent balance that Is not
repayable to the lunderl51, when the surplus is Iran51errÈd to unrestricted funds,. or
ill the restricted fund is in deficit and has either come lo an end or there is no pr05pe¢t of a surplus
in a later period, when the deficit is eliminated by Iran51er from unrestricted funds,. or
iiil income that is received in the restricted lund covers in parl some of the costs In the unrestricted
funds.
Details of unrestricted funds..
Kltchen Prolecl 2023
Cheltenham Borough Council awarded us £50k lo renovate the School House Cafe kilchEn.
Speclal Project- Diocese SHC Support Fund
The Diocese of Gloucester awarded us £50k1£33.5k received so larl. This was lo allow u5 to employ
two people lor Iwo years, whose job it is lo grow the use ol the Cafe and to help manage the Cale in
order lor it to become financially sustainable
Page 16
continued...

FRESH HOPE
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 DECEMBER 2023
16.
RELATED PARTf DISCLOSURES
In a previous period, Mr D Lynch, a director loaned the charity £3,191. The amount due lo the relaled
party at the year end was £3.191 12022.. £3,191). this transaction took place on an arms-length basis
and 15 repayable on demand.
Page 17