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2020-11-30-accounts

Charity Name: Charity Name: Hull 4 Heroes
Registered Charity Number: 1170056
Principal Address: 7Whitefriargate
Hull
HU1 2ER
Trustees: Paul Matson Chair / Founder
Jim Fishburn Vice Chair
Deborah
Hammond
Secretary / Buildforce Ambassador
Samantha
Walton
Treasurer
Trevor Fishbum Veterans Village Project Manager
independent Examiner: Banks Cooper Associates
21 Marina Court
Hull
HU1 1TJ

The Trustees present their report and financial statements The Trustees present their report and financial statements The Trustees present their report and financial statements The Trustees present their report and financial statements for the year ended 30November 2020. The trustees the year ended 30November 2020. The trustees the year ended 30November 2020. The trustees the year ended 30November 2020. The trustees the year ended 30November 2020. The trustees the year ended 30November 2020. The trustees the year ended 30November 2020. The trustees have
adopted
ths provisions
ofthe Statement
of Recommended
Practice (SORP) issued In March 2005 in preparing the annual
report and financial
statements
ofthe charity.
Structure,
Governance
and Management
The Charity
Is governed
by their constitution
and Is
a CIO foundation.
The trustees
who served
duffing the year are listed
on page 2,
New trustees were Initially appointed
by Paul Matson and from
then on by existing trustee vote.
There ars no officia pollclss for training
of trustees,
each trustee was chosen for their individual
experience and
expertise
and then work with the rest of the committee,
ambassadors
and any gaps in knowledge Is then sourced from external
parties
l.e.solicitors
The charity Is organised as
~ Trustees
~ Employees -CEO and VLO
~ Committee
Members
~Ambassadors
~ Extended team members
including
merchandiser
and IT / social media
Hull 4 Heroes has established
relationships
with a wide group ofrelated agencies & bodies, related charities, corporate
organisatlons.
None ofwhich are ratified
into formal
contractual agreemsnts / partnsrships
at this time.
The most significant
risks associated
with
the Hull4Hsroes charity are:
RIBK001
~
RISK:There Is a risk that funding
for the Veterans Village project will not be obtained,
~
PROBABILITY: The probability
of
this risk is currently seen as high (4/5)
~
IMPACT'. The impact ofthis risk is medium
as the failure ofthis project would impact the ability of the Hull4Heross
charity to grow (3/5)
P x I:4x3 = 12=Amber Risk(RAG Status)
MITIGATION: Continue
marketing
the Veterans
Village to kssp the project
In the public eye and the initiation of
new funding
campaigns.
Major funding
organisatlons
are being approached.
RIBK002
~
RISK:There is a risk that adverse
publicity regarding Armed Forces involvement in previous overseas
campaigns
will have a negative
impact of the public
perception of the Armed Forces.
~
PROBABILITY: The probability
of
this risk is currently seen as low (2/5)
~
IMPACT: The impact of this risk is high as
negative publicity
would
adversely impact the ability ofthe charity to
remain
viable (4/5)
P x I:2x 4 = 8 = Amber Risk (RAG Status)
~ MITIGATION: Continue
to maintain
a positive outlook on all social media outlets and continue to deliver services
In a positive and proactive way.
Objectives and Activities
Objectives
The object ofths Charity
Is the relief ofveterans
and
the families of HM Armed Forces In need, by providing
charitable
support
to those living within
the City of Hull
and surrounding areas by way of.'
~ Housing
support
~ Help with decorating
~ Adaptatlons
~ Benefits advice
~ Family support
~ Training
~ Funding
~ Resettlement
and rehabilitation
Into civilian
life
~ Working
In partnership
with other charities
and organisations with similar charitable aims and objectives for the public
benefit.

Unrestricted Restricted Restricted Endowment
Funds Funds Funds Total Funds Last Year
to the to the to the to the to the
nearest 6 nearest 6 nearest 6 nearest 6 nearest 6
Receipts
Direct receipts 31,705 31,705 59,384
Fundraising
receipts
70,064 70,064 62,502
Mechandlsing
receipts
21,393 21,393 13,683
Bank interest received 14 15 29 20
Grant received 123,691 123,691 15,000
123,176 123,706 246,882 150,589
Payments
Fundraislng
(inc
merchandising) 34,229 34,229 54,063
Refurblshments 8,303 8,303 17,453
Veterans'
emergency
needs 2,211 2,211 4,060
Equipment
(inc small tools)
790 790 2,275
Motor vehicles 21,960 21,960
Stationery,
postage, website 8
advertising 15,449 15,449 13,696
Volunteer
refreshments
&expenses 4,916 4,915 6,254
Bank charges 303 303 570
Insurance 841 841 626
Motor expenses 4,136 4,136
Rent and fees 10,170 10,170 6,469
Office costs 5,633 5,633 2,784
Staff wages 978 26,830 27,808 8,563
Accountancy 288 288 456
Telephone
and Internet
7,566 7,566 3,562
Veterans'
Village
development costs 8,927 8,92? 11,454
Costs associated with obtaining
grant funding 3,087 3,087
Costs associated with Covld 19 231 22,093 22,324
108,057 70,883 178,940 132,475
Net ofreceipts 16,119 52,823 67,942 18,114
Transfers between funds
Cash funds last year 76,000 7,400 83,400 65,286
Cash funds at the end of this year 91,119 60,223 161,342 ~83, 00
Funds:
General Funds 34,077
Designated
Funds
57,042
Total Funds 91 119

Unrestricted Restricted Endowment
Funds Funds Funds
to ths tothe to the
nearest 8 nearest 8 nearest E
Cash Funds
Savings / Contingency 30,012
Veterans Village 27,030
Veterans on the Go 250 11,294
Bank 33,627
Covld Funding 28,353
Staff Pay —Grant Funding 20,576
Paypal 300
91,119 60,223
Unrestricted Restricted Endowment
Funds Funds Funds
to the to the to the
nearest 8 nearest 8 nearest E
Other Monetary Assets
Stock (merchandise) 5,836
5,836
Fund to Current
which asset Cost value
Investment Assets belongs (optional) (optional)
Fund to Current
which asset Cost value
Assets Retained for the Charity's Own Use belongs (optional) (optional)
Gazebos Unrestricted 1,093
Office Equipment Unrestricted 4,159
Motor Vehicles Restricted 21,960
27,212
Fund to
which
liability Amount
due
When due
relates (optional) (optional}