**REGISTERED CHARITY NUMBER: 1167837** ## Report of the Trustees and ## Unaudited Financial Statements for the Year Ended 30 June 2023 ## for ## Hour Community Guymer King Limited 4 Stone Street Court Stone Street Hadleigh Suffolk IP7 6HY Hour Community Contents of the Financial Statements for the Year Ended 30 June 2023 ||Page| |---|---| |Report of the Trustees|1 to 4| |Independent Examiner's Report|5| |Statement of Financial Activities|6 to 7| |Balance Sheet|8 to 9| |Notes to the Financial Statements|10 to 16| |Detailed Statement of Financial Activities|17 to 18| Hour Community Report of the Trustees for the Year Ended 30 June 2023 The trustees present their report with the financial statements of the charity for the year ended 30 June 2023. The trustees have adopted the provisions of 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). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The objective of the CIO as set out in its Constitution is: "The relief of those who are in need by reason of their youth, age, ill-health, disability, of financial hardship by the provision of community services including but not limited to befriending or community transport as shall be thought fit" ## **Significant activities** We are still based out of the library which has proved very successful from the point of view of accessibility to the public, but we are still working towards a permanent base in which we can provide a much-needed Community Health and Wellbeing centre. We have applied to the National lottery, twice this year, and on both occasions been unsuccessful but we intend making one more application, because a successful outcome would enable the charity to expand our services and address the ever-increasing need quicker than we would otherwise be able to do. We have acquired another Wheelchair accessible vehicle this year with a swing out seat that makes it a lot easier for some people to get in and out. Our Men's and Ladies sheds are going from strength to strength and the furniture project has provide furniture to families from Ukraine and other people in need in the community. We continue to work hard with our fundraiser to keep the funds coming in and we are also working hard to increase the income generating arms of the charity, the furniture project and transport, both of which have the potential to generate a larger proportion of the income needed to run the charity. ## **Public benefit** The charity trustees have had due regard to the guidance on public benefit published by the commission in exercising their powers and duties ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** The CIO has undertaken transport activities, befriending activities and helped the community in the Framlingham area by providing the dementia-friendly Forget Me Not Club, the Mental Health supporting Worry Tree Cafe, The Men's Shed has been joined by a Ladies Shed and Furniture Project which has helped families from Ukraine in the area, our Hour Community waste disposal Van and Trishaw rides in the Town. The CIO continues to raise its profile as the "Go to" organisation in the Town. All of these are aimed at satisfying their core objectives and aims and have continued in 2022/23 to serve the community. ## **Fundraising activities** The CIO have continued to apply for and receive grants from a number of generous donors and trusts set out in the report below. The CIO has carried out a number of fundraising events in the year and also very successfully made use of a professional fundraising in applying for suitable funding streams which have seen it further expand it service in the Framlingham area. Page 1 Hour Community Report of the Trustees for the Year Ended 30 June 2023 ## **FINANCIAL REVIEW** ## **Financial position** The CIO is in a positive financial position with funds put aside to provide its main activities into the future. This has been due to the generosity of a number of Trusts and others who have provided finances. ## **Principal funding sources** Funding for the CIO has principally provided by: Adnams Community Grant Agilia Infrastructure Borrows CT Alan Boswell Group CT The Leslie Mary Carter CT Cranfield CT 1971 Didymus East Suffolk Council East of England Co-op February Foundation FB Coales No4 (Family) Trust The Yvonne Flux Charity The Forrester Family Trust Framlingham Town Council Framlingham and Woodbridge Round Table Ganzoni CT The Garfield Weston Foundation Edward Gosling Foundation The Grace Trust The Charles Hayward Foundation RG Hills CT Albert Hunt Trust The Charles Lewis Foundation Limbourne Trust Marsh Christian Trust Mills Charity Mirianog Trust Moore Bros Sabina Sutherland CT Scarfe CT Souter CT Suffolk Community Foundation Woodroffe Benton Foundation ## **Reserves policy** As a relatively newly formed CIO the policy is for unrestricted reserves to meet the day to day operating requirements of the organisation for a minimum of 3 months, amounting to approximately £12,000 per month. ## **Going concern** The accounts are prepared on the going concern basis. Page 2 Hour Community Report of the Trustees for the Year Ended 30 June 2023 ## **FUTURE PLANS** The CIO plans to continue its valuable work in the area and will add, augment and change its service provision depending on the current needs of the residents and their dependants. The main focus going forward is to establish a "HUB". ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The Charity is controlled by its governing document, its constitution, dated 17 June 2016,as a Charitable Incorporated Organisation (CIO) ## **Charity constitution** The Charity is constituted as a Charitable Incorporated Organisation ## **Recruitment and appointment of new trustees** Apart from the first charity trustees, every appointed trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. Selection of trustees is with regard to the skills, knowledge and experience needed for the effective administration of the CIO. Framlingham Town Council may appoint one charity trustee. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1167837 ## **Principal address** 27 College Road Framlingham Suffolk IP13 9EJ ## **Trustees** Mr L Pearson Mrs S E Norman Mr J Tanner Chairperson Mrs B Eglinton Mr R Mays Mr M Salmon Ms R J Chesman ## **Independent Examiner** Guymer King Limited 4 Stone Street Court Stone Street Hadleigh Suffolk IP7 6HY Page 3 Hour Community Report of the Trustees for the Year Ended 30 June 2023 Approved by order of the board of trustees on 2 November 2023 and signed on its behalf by: Mr J Tanner - Trustee Page 4 Independent Examiner's Report to the Trustees of Hour Community ## **Independent examiner's report to the trustees of Hour Community** I report to the charity trustees on my examination of the accounts of Hour Community (the Trust) for the year ended 30 June 2023. ## **Responsibilities and basis of report** As the charity trustees of the Trust 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 Act and in carrying out my examination I have followed all 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 material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do 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. David Guymer King Guymer King Limited 4 Stone Street Court Stone Street Hadleigh Suffolk IP7 6HY 2 November 2023 Page 5 Hour Community ## Statement of Financial Activities for the Year Ended 30 June 2023 |**Unrestricted **
**funds**
**Notes**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
46,774
**Charitable activities**
Befriending costs
-
Furniture project
-
Xmas lunch club
-
General
-
100 Club
-
MenShed
-
Other trading activities
2
-
Investment income
3
-
Other income
219
**Total**
46,993
**EXPENDITURE ON**
Raising funds
4
6,018
**Charitable activities**
Befriending costs
-
Worry Tree Cafe provision
-
Cycling without Age
-
Help/Home
-
Transport
-
Furniture project
-
Mental Health Support Worker
-
Xmas lunch club
-
General
10,168
GrandPad
-
100 Club
-
MenShed
-
Garages
-
Kiosk
176
Household support grant
-
Other
162
**Total**
16,524
**NET INCOME**
30,469
**Transfers between funds**
13
(30,194)
**Net movement in funds**
275|**Restricted**
**funds**
**£**
156,140
2,541
5,138
335
-
-
895
11,474
3,924
-
180,447
11,752
11,922
10,215
1,129
9,004
30,169
17,211
-
135
-
112
94
33,547
2,423
-
30,000
494
158,207
22,240
30,194
52,434|**30.6.23**
**Total**
**funds**
**£**
202,914
2,541
5,138
335
-
-
895
11,474
3,924
219
227,440
17,770
11,922
10,215
1,129
9,004
30,169
17,211
-
135
10,168
112
94
33,547
2,423
176
30,000
656
174,731
52,709
-
52,709|**30.6.22**
**Total**
**funds**
**£**
105,830
2,515
9,272
350
40
600
350
7,868
3,188
52| |---|---|---|---| ||||130,065| ||||20,191
9,466
8,622
1,415
6,990
26,504
10,836
3,315
440
5,914
152
383
18,756
7,902
378
-
380| ||||121,644| ||||8,421
-| ||||8,421| The notes form part of these financial statements Page 6 Hour Community ## Statement of Financial Activities for the Year Ended 30 June 2023 |**Unrestricted **
**funds**
**Notes**
**£**
**RECONCILIATION OF FUNDS**
Total funds brought forward
34,247
**TOTAL FUNDS CARRIED FORWARD**
34,522|**Restricted**
**funds**
**£**
146,747
199,181|**30.6.23**
**Total**
**funds**
**£**
180,994
233,703|**30.6.22**
**Total**
**funds**
**£**
172,573| |---|---|---|---| ||||180,994| The notes form part of these financial statements Page 7 Hour Community ## Balance Sheet 30 June 2023 |**Unrestricted **
**funds**
**Notes**
**£**
**FIXED ASSETS**
Tangible assets
9
2,782
**CURRENT ASSETS**
Debtors
10
-
Cash at bank and in hand
35,605
35,605
**CREDITORS**
Amounts falling due within one year
11
(3,864)
**NET CURRENT ASSETS**
31,741
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
34,523
**NET ASSETS**
34,523|**Restricted**
**funds**
**£**
128,692
670
73,159
73,829
(3,341)
70,488
199,180
199,180|**30.6.23**
**Total**
**funds**
**£**
131,474
670
108,764
109,434
(7,205)
102,229
233,703
233,703|**30.6.22**
**Total**
**funds**
**£**
91,986
550
94,664
95,214
(6,206)
89,008
180,994
180,994| |---|---|---|---| The notes form part of these financial statements Page 8 continued... Hour Community ## Balance Sheet - continued 30 June 2023 |**FUNDS**
13
Unrestricted funds:
General fund
Kiosk
Restricted funds:
Befriending
Worry Tree Cafe
Cycle without Age
Furniture project
Mental health support worker
Xmas lunch club
Transport
Help @ Home
GrandPad
100 Club
Men Shed
Land and Garages
**TOTAL FUNDS**|32,900
1,623
34,523
41,638
13,991
3,980
1,884
6,659
2,425
60,413
7,609
335
-
28,785
31,461
199,180
233,703|32,625
1,622| |---|---|---| |||34,247| |||35,994
8,426
4,247
2,512
6,659
2,090
38,687
1,747
447
1,275
14,663
30,000| |||146,747| |||| |||180,994| The financial statements were approved by the Board of Trustees and authorised for issue on 2 November 2023 and were signed on its behalf by: Mr J Tanner - Trustee The notes form part of these financial statements Page 9 Hour Community Notes to the Financial Statements for the Year Ended 30 June 2023 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Motor vehicles 25% Reducing balance method Computer equipment 25% Reducing balance method Trishaws 25% Reducing balance method ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Where amounts are allocated to projects which were funded via a restricted fund they are treated as restricted although they are strictly designated. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 10 continued... Hour Community Notes to the Financial Statements - continued for the Year Ended 30 June 2023 ## **1. ACCOUNTING POLICIES - continued** ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. ## **2. OTHER TRADING ACTIVITIES** |**2.**
**OTHER TRADING ACTIVITIES**||| |---|---|---| |Mini bus hire
**3.**
**INVESTMENT INCOME**
Rents received
**4.**
**RAISING FUNDS**
**Raising donations and legacies**
Sundries
Sub contract services
Support costs
**Investment management costs**
Property repairs
Aggregate amounts|**30.6.23**
**£**
11,474
**30.6.23**
**£**
3,924
**30.6.23**
**£**
622
2,412
13,483
16,517
**30.6.23**
**£**
983
17,770|**30.6.22**
**£**
7,868| |||**30.6.22**
**£**
3,188
**30.6.22**
**£**
366
3,442
15,059| |||18,867| |||**30.6.22**
**£**
1,324
20,191| Page 11 continued... Hour Community ## Notes to the Financial Statements - continued for the Year Ended 30 June 2023 ## **5. SUPPORT COSTS** |**Information**
**Management technology**
**£**
**£**
Raising donations and legacies
-
-
Befriending costs
1,430
52
Worry Tree Cafe provision
231
591
Cycling without Age
-
65
Help/Home
122
52
Transport
357
52
Furniture project
131
1,568
Xmas lunch club
135
-
General
580
1,038
MenShed
9,951
2,025
Garages
1,053
80
Kiosk
176
-
14,166
5,523
**Governance**
**Other**
**costs**
**£**
**£**
Raising donations and legacies
-
13,483
Befriending costs
3,268
483
Worry Tree Cafe provision
2,221
483
Cycling without Age
-
-
Help/Home
1,658
483
Transport
4,186
494
Furniture project
4,927
487
Xmas lunch club
-
-
General
4,488
-
MenShed
6,483
513
Garages
-
246
Kiosk
-
-
27,231
16,672|**Human**
**resources**
**£**
-
6,689
6,689
-
6,689
6,689
6,689
-
156
6,689
-
-
40,290
**Totals**
**£**
13,483
11,922
10,215
65
9,004
11,778
13,802
135
6,262
25,661
1,379
176
103,882| |---|---| Included in Support costs was the amount of £1200 relating to the fees of the Independent Examiner Page 12 continued... Hour Community Notes to the Financial Statements - continued for the Year Ended 30 June 2023 ## **6. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 30 June 2023 nor for the year ended 30 June 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 30 June 2023 nor for the year ended 30 June 2022. ## **7. STAFF COSTS** The average monthly number of employees during the year was as follows: |**30.6.23**
General
3
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**Unrestricted Restricted**
**funds**
**funds**
**£**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
36,372
69,458
**Charitable activities**
Befriending costs
-
2,515
Furniture project
-
9,272
Xmas lunch club
-
350
General
40
-
100 Club
-
600
MenShed
-
350
Other trading activities
-
7,868
Investment income
-
3,188
Other income
-
52
**Total**
36,412
93,653
**EXPENDITURE ON**
Raising funds
5,296
14,895
**Charitable activities**
Befriending costs
-
9,466
Worry Tree Cafe provision
-
8,622
Cycling without Age
-
1,415
Help/Home
-
6,990
Transport
-
26,504
Furniture project
-
10,836
Mental Health Support Worker
-
3,315|**30.6.22**
3
**Total**
**funds**
**£**
105,830
2,515
9,272
350
40
600
350
7,868
3,188
52| |---|---| ||130,065| ||20,191
9,466
8,622
1,415
6,990
26,504
10,836
3,315| ## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** Page 13 continued... Hour Community ## Notes to the Financial Statements - continued for the Year Ended 30 June 2023 |**8.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**| |---|---|---|---|---| |||**Unrestricted Restricted**||**Total**| |||**funds**|**funds**|**funds**| |||**£**|**£**|**£**| ||Xmas lunch club|-|440|440| ||General|5,914|-|5,914| ||GrandPad|-|152|152| ||100 Club|-|383|383| ||MenShed|-|18,756|18,756| ||Garages|-|7,902|7,902| ||Kiosk|378|-|378| ||Other|14|366|380| ||**Total**|11,602|110,042|121,644| ||**NET INCOME/(EXPENDITURE)**|24,810|(16,389)|8,421| ||**Transfers between funds**|(12,428)|12,428|-| ||**Net movement in funds**|12,382|(3,961)|8,421| ||**RECONCILIATION OF FUNDS**|||| ||Total funds brought forward|21,865|150,708|172,573| ||**TOTAL FUNDS CARRIED**|||| ||**FORWARD**|34,247|146,747|180,994| |**9.**|**TANGIBLE FIXED ASSETS**|||| ||||**Improvements**|| |||**Freehold**|**to**|**Plant and**| |||**property**|**property**|**machinery**| |||**£**|**£**|**£**| ||**COST**|||| ||At 1 July 2022|30,001|-|38,457| ||Additions|-|5,037|21,990| ||At 30 June 2023|30,001|5,037|60,447| ||**DEPRECIATION**|||| ||At 1 July 2022|-|-|19,547| ||Charge for year|-|945|8,932| ||At 30 June 2023|-|945|28,479| ||**NET BOOK VALUE**|||| ||At 30 June 2023|30,001|4,092|31,968| ||At 30 June 2022|30,001|-|18,910| Page 14 continued... Hour Community ## Notes to the Financial Statements - continued for the Year Ended 30 June 2023 ## **9. TANGIBLE FIXED ASSETS - continued** |**COST**
At 1 July 2022
Additions
At 30 June 2023
**DEPRECIATION**
At 1 July 2022
Charge for year
At 30 June 2023
**NET BOOK VALUE**
At 30 June 2023
At 30 June 2022|**Motor**
**vehicles**
**£**
103,223
33,495
136,718
62,024
12,397
74,421
62,297
41,199|**Computer**
**equipment**
**£**
4,622
1,846
6,468
2,746
606
3,352
3,116
1,876|**Totals**
**£**
176,303
62,368| |---|---|---|---| ||||238,671| ||||84,317
22,880| ||||107,197| ||||131,474| ||||91,986| The CIO owns a Telephone Kiosk on Market Hill Framlingham which it purchased for a nominal £1 which is included in Freehold property although the replacement value is estimated at £2,500. ## **10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |**10.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| |---|---|---|---| |||**30.6.23**|**30.6.22**| |||**£**|**£**| ||Trade debtors|670|550| |**11.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| |||**30.6.23**|**30.6.22**| |||**£**|**£**| ||Bank loans and overdrafts (see note 12)|1,049|486| ||Payments on account|2,292|-| ||Trade creditors|2,112|3,053| ||Taxation and social security|-|873| ||Other creditors|1,752|1,794| |||7,205|6,206| Page 15 continued... Hour Community ## Notes to the Financial Statements - continued for the Year Ended 30 June 2023 ## **12. LOANS** An analysis of the maturity of loans is given below: ||**30.6.23**|**30.6.22**| |---|---|---| ||**£**|**£**| |Amounts falling due within one year on demand:||| |Bank overdrafts|1,049|486| ## **13. MOVEMENT IN FUNDS** ## **Transfers between funds** Income and expenses for the various restricted funds are accounted for and costs are allocated on the basis of a percentage based on the initial forecasts for the year. If any of the funds are in deficit (usually due to the costs allocated to it rather than because of any actual account being overdrawn) then funds from the General Fund are transferred at the end of the year to bring the fund back to a "nil" balance. ## **14. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 30 June 2023. Page 16 Hour Community Detailed Statement of Financial Activities for the Year Ended 30 June 2023 |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Grants
**Other trading activities**
Mini bus hire
**Investment income**
Rents received
**Charitable activities**
Sales
**Other income**
Sundry income
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Sundries
Sub contract services
**Other trading activities**
Bad debts
**Investment management costs**
Property repairs
**Charitable activities**
Advertising
Sundries
Mini bus costs
FGMN Expenses
WT Café costs
Transit costs
Carried forward|**30.6.23**
**£**
16,892
186,022
202,914
11,474
3,924
8,909
219
227,440
622
2,412
3,034
270
983
269
94
6,621
-
-
2,721
9,705|**30.6.22**
**£**
9,947
95,883| |---|---|---| |||105,830
7,868
3,188
13,127
52| |||130,065
366
3,442| |||3,808
-
1,324
54
-
6,545
2,133
1,697
2,739
13,168| This page does not form part of the statutory financial statements Page 17 Hour Community ## Detailed Statement of Financial Activities for the Year Ended 30 June 2023 |**Charitable activities**
Brought forward
Freehold property
Plant and machinery
Motor vehicles
Computer equipment
Grants to institutions
**Other**
Training
Computer costs
**Support costs**
**Management**
Insurance
Advertising
Sundries
**Information technology**
Repairs and renewals
**Human resources**
Wages
DBS
**Other**
Other operating leases
Telephone
Postage and stationery
Sundries
Travel and subsistence
**Governance costs**
Professional Fees
Total resources expended
**Net income**|**30.6.23**
**£**
9,705
945
8,932
12,398
606
33,320
65,906
306
350
656
3,122
-
11,044
14,166
5,523
40,134
156
40,290
18,330
1,680
3,385
-
3,836
27,231
16,672
174,731
52,709|**30.6.22**
**£**
13,168
-
6,717
13,732
655
-| |---|---|---| |||34,272
142
238| |||380
2,696
168
234| |||3,098
3,249
41,136
184| |||41,320
9,423
1,809
2,127
824
905| |||15,088
19,105| |||121,644| |||8,421| This page does not form part of the statutory financial statements Page 18