Hope Renewal
Report and Accounts for the Year Ended 31 March 2024
Registered Charity Number: 1167181

Hope Renewal
Report and Accounts for the Year Ended 31 March 2024
Charity Information
Trustees
IYABO MOJI ORONSAYE
MARTINS OSAZUWA-OWAS ORONSAYE
GODSWILL AYENOBA
Registered Charity Number
1167181
Address
11 BICKINGTON ROAD
BIRMINGHAM
832 3EX

Hope Renewal
Report and Accounts for the Year Ended 31 March, 2024
The trustees present their report along with the financial statements for the year ended 31
March 2024.
ORGANISATIONAL STRUCTURE
The Hope Renewal is a charitable incorporated organisation. The trustees adopted the
constitution on 18 May 2016 in accordance with the 'Association Model, published by the
Charity Commission. Hope Renewal is established for charitable purposes for the public
benefit and entered onto the Register of charities on 18 May 2016 with the Registered Charity
Number 1167181.
GOVERNANCE AND MANAGEMENT
The Board of Trustees have overall responslbllity for the direction, management and control
of the charlty. The board shall comprise of no fewer than three members, maximum of twelve
members. At the period end there were three members, all of whom are unpaid.
The board have the power to appoint a member at any time to fill a casual vacancy or as an
addition to the existing members. Members would be appointed according to their relevant
skills, competencies and experience.
A member can retire at any point by resigning hSs offlce In writing. The charity trustees will
make available to each new charlty trustee, on or before his or her first appointment..
(a) a copy of this constitution and any amendments made to it,. and (b) a copy of the CIO'S
latest trustees, annual report and statement of account5.
If the CIO is wound up, the member5 of the CIO have no liability to contribute to its assets
and no personal responsibillty for settl ing its debts and l iabil ities.
AIMS AND OBJECTIVES
The prevention and rellef of poverty of persons who are in need In England and Wales by
providing them with food and clothlng.
ACHIEVEMENT, PERFORMANCE AND VOLUNTEERS
We are carrying out strategic planning in order to commence operations in the 2025 financial
year.
PUBLIC BENEFIT
Under the Charities Act 2011, charities are required to demonstrate that their aims are for
the public benefit. The two key principles which must be met in this context are, first, that
there must be an identifiable benefit or benefits; and secondly, that the benefit must be to
the public, or a Section of the public. Charity trustees must ensure that they carry out their
charity's aims for the public benefit, must have regard to the Charity Commission's guidance,
and must report on public benefit in their Annual Report.
The charities board of trustees regularly monitors and reviews the succe55 of the organisation
in meeting its key objectives of relieving poverty, The Trustees confirm, in the light of the

guidance, that these aims fully meet the public benefit test and that all the activities of the
charity, described in the Report of the Trustees, are undertaken in pursuit of these aims.
The charity trustees have complied with their duty to have due regard to the guidance on
public benefit published by the Charities Commission.
FINANCIAL REVIEW
The charities total incoming resources for the year £0. The total resources expended by the
charity £0. The charity had a net of receipt of £0.
RESERVES AND GOING CONCERN
The charity will continue to remain a going concern.
RISK MANAGEMENT AND INTERNAL CONTROL
The Trustees have overall responsibility for ensuring that the organisation operates a n
appropriate system of controls, financial and otherwise, to provide reasonable assurance that
the charity is operating efficiently and effectively, proper records are mai ntai ned and fi nancia I
information, used within the charity or for publication is reliable and that the charity complies
with relevant laws and regulations.
SERIOUS INCIDENTS
The Trustees confirm that there are no serious incidents to report regardlng operations in
2024.
PLANS FOR FUTURE PERIODS
Our Key priority is to fully commence operations in the 2025 financial year.
TRUSTEES RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
Law applicable to charities in England and Wales requires the trustees to prepare financial
statements for each fi nancial year which give a true and fai r view of the charlty's fi nancia I
activities duri ng the year and of its fina ncia I position at the end of the year. In preparing
those financial statements, the trustees are required to,.
select suita ble accounting policies and then apply them consistently;
make Judgments and estimates that are reasonable and prudent.
state whether applicable accounting standards and statements of recommended practice
have been followed subject to any departures disclosed and explained In the financial
statements; and
prepare the financlal statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in business.
The trustees are responsible for keeping accounting records which disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the
financial statements comply with the Charities Act. They are also responsible for safeguarding
the assets of the charity and hence for taking reasonable steps for the prevention and
detection of fraud and other i rregularities.
Approved by the trustees on 28 January, 2025 and signed on their behalf by
Mr Martins Oronsaye
Trustee

CHARITY COMMISSIO
FOR ENGLANO AND WAIt
HOPE RENEWAL
1167181
Receipts and payments accounts
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MARTINS O. ORONSAYE
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