OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-11-30-accounts

REGISTERED CHARITY NUMBER: 1170056

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021

FOR

HULL 4 HEROES

Banks Cooper Associates Limited
21 Marina Court
Castle Street
Hull
HU1 1TJ

HULL 4 HEROES

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021

----- Start of picture text -----
Page
Reference and Administrative Details 1
Report of the Trustees 2 to 7
Independent Examiner's Report 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Financial Statements 11 to 16
Detailed Statement of Financial Activities 17 to 18
----- End of picture text -----

HULL 4 HEROES

REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 30 NOVEMBER 2021
TRUSTEES J Fishburn
Ms D Hammond
T Fishburn
K Neal (appointed 11.5.22)
S Walton (resigned 30.3.22)
PRINCIPAL ADDRESS 7 Whitefriargate
Hull
HU1 2ER
REGISTERED CHARITY NUMBER 1170056
INDEPENDENT EXAMINER Banks Cooper Associates Limited
21 Marina Court
Castle Street
Hull
HU1 1TJ
SOLICITORS Rollits LLP
Citadel House
58 High Street
Hull
HU1 1QE 
Page 1

HULL 4 HEROES

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 NOVEMBER 2021

Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended30November2021.The trustees
have adoptedthe provisionsof Accountingand Reportingby Charities:Statementof RecommendedPracticeapplicableto charities
preparing their accountsin accordancewith the FinancialReportingStandard applicablein the UK and Republicof Ireland (FRS 102)
(effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

The purposesofthe Charityas set out in its governingdocumentis the reliefofveteransand the familiesofHM Forcesin need by
providingcharitablesupporttothoselivingwithintheCityofHullandsurroundingareasbywayof:Housingsupport,help with
decorating,adaptations,benefitsadvice,familysupport,training,funding,resettlementandrehabilitationintocivilianlifeand by
working in partnership with other charities.

Significant activities

The following activities have been delivered which support the Charity's objectives.

Advice on housing.

Help to complete housing applications.
Assistance after applying themselves and having issues or missing evidence.

Assistancetogatherthecorrectevidenceforhousingapplicationsfromvariousagenciesandoffices.Makingcontactand request
the correct information is given in writing to assist.

Relocation/rehousing/homelessness assistance

Speakingwith housingofficer/teamsto ensure everythingis done to help with requestsfor housingin a very difficultperiod where
there is a great lack of availability.

Promoting self help

Helpwith provisionof standardsat funeralsvia connectionwith otherveterans'associations.Helpingthosewho wish to donate to
us after ceremonies have a proper ceremony.

Help to apply for pensions/service records/medals other service information.
Mental health talks and help with anxiety.
Assessment for correct advice/actions with whoever comes into the office.

Provision of access to our food bank and assessment for delivery allowance / free and purchased food parcels.
Help with getting doctor appointments and access.

Help to get proper access to consultants and how to get their transport sorted

Financial advice, debt assistance.

Phone calls of reassurance during isolation at home and advice.
Continued support for families/partners when in difficulty after veterans passing.
Follow ups after assistance given to ensure they are ok with the help given.
Advice on projects and mental health groups we provide.
Referral to other services / agencies.
Assisting in out of hours mental health calls, several suicidal calls from either the veteran or their families.

Public benefit

TheHull4HeroesCharityTrusteesareawareof,havetakenintoaccountandregularlyconsidertheCharityCommission's public
benefit guidance when carrying out activities to which it's relevant.

TheTrusteesbelievetheCharityhasonlycharitablepurposeswhicharewhollyforthepublicbenefitandcarryoutthe charity's
purposes for public benefit.

Grantmaking

The Hull4Heroes Charity does not award grants to other organisations.

ShouldgrantawardsbeconsideredinthefuturethesewillbemadeinaccordancewiththeCharityCommissionSORPand hence
contribute wholly to the aims and objectives of the Charity.

Grantsreceivedby the Charitythat are associatedwith SocialInvestmentare reportedregularlyto the grant makersin accordance
with their policies.

Page 2

HULL 4 HEROES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2021

OBJECTIVES AND ACTIVITIES

Volunteers

Volunteersassist the Charity on all of the projects that are grant funded, assist at fundraising events and assist in the daily running  of
the Charity operations such as managing the reception at the main office location.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

New Groups

TheCharityhas establishedtwotalkinggroupwhicharecalledGetEmotionsOut(GEO)and Lisa'sLadiesin memoryoftwo young
veterans who took their own life on leaving HM Armed Forces.

The Charity has established a men's football team named GEO FC who complete in a local charitable football league.

Projects and Events

The Charity currently has eight active grants.

1. Positive Pathways (GEO Project)

The scope of this project is the provision of outdoor retreats & activities.

VeteransAdventureFestivalWeekend:SixveteranswhoattendGEO&LISAweresentonawellnessadventureweekendin May
canoeing, abseiling & taking part in relaxation activities.

WoodlandExperienceWeekend:TheCharityhavehasarrangedaveteranswoodlandweekendbookedinSeptember with
twenty-six veterans attending to take part in camping, axe throwing and nature walks.

East Kirby Airshow: The Charity arranged and funded twelve veterans to attend the East Kirby Airshow.

2. National Lottery Community Fund

This scope of this project entails working in the community and getting veterans involved in outdoor and social activities.

Family Adventure Weekend: The Charity has provided all camping equipment to take eight familieson an adventure weekend to the
Yorkshire Dales where they will take part in abseiling, rock climbing and gorge walking.

ArtisanBakery:TheCharityarrangedandfundedsevenveteranstolearningtomaketheirownbreadandpizza.Thevisit also
benefited the owner who is a veteran.

WoodworkingClasses:The Charityis workingwith a localwoodcraftproviderto providea six weekcourseto veteransto learn the
basics of woodcraft.

ArtCourses-TheCharityiscollaboratingwithFeralArtGallerytoprovideaneightweekintroductiontoArt,including drawing,
painting and print. The course will be attended by veterans.

3. Sporting Force (GEO Project)

This scope of this project is to employ a veteran's health & wellbeing officer and fund various GEO costs.

The new veteran'shealth & wellbeingofficerhas been in post since April 2022 deliveringactivitiessuch as coffeemornings, walking
clubs, weekend and day trips. The new veteran's health & wellbeing officer is also a GEO facilitator.

4. Veterans Foundation (GEO Project)

The scope of this project is to employ a veteran's health & wellbeing officer and various GEO costs.

The new veteran'shealth & wellbeingofficerhas been in post since April 2022 deliveringactivitiessuch as coffeemornings, walking
clubs, weekend and day trips. The new veteran's health & wellbeing officer is also a GEO facilitator.

Page 3

HULL 4 HEROES

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 NOVEMBER 2021

5. Veterans Foundation (Allotment Grant)

The scope of this project is to get allotments cleared and ready for veterans to be able to grow their own produce.

Theallotmentis currentlybeingclearedaftertwoyearsofneglect.TheCharityhas had teamsofvolunteersvisitthe allotments to
clear parts of it.

Once cleared the grant will be spent on building raised beds, erecting a poly tunnel and purchasing a summer house/shed.

6. HCV Suicide Prevention

ThescopeofthisprojectisthecontinuedrunningofGEOinBarton,LincolnshireandtheestablishmentoffurtherGEOand Lisa
Groups in North Lincolnshire.

The GEO Barton group has been running successfully since February 22 with up to eight veterans attending on a weekly basis.

The Charityis workingwiththe ScunthorpeVeteransHub to establishGEOand Lisagroupslocallyhoweverthey havehad a recent
setback to opening the hub from May to October due to the requirements for a new roof at their facility.

TheCharityis in discussionswithanothercharity(Walkingwiththe Wounded),whohavereferredseveralveteransto Hull4Heroes
from Grimsby and Cleethorpes, to collaborate in opening other groups in this area of Lincolnshire.

7. Sustaining Support

The scope of this project is to provide funding for the CEO role and the Warehouse Manager role.

8. Veterans Growth (Re-Cycling Heroes)

The scope of this project is to get veterans out and about as part of a cycling project.

Thisprojecthas beenextendeddue toCOVID-19restrictions.Severalbikesand maintenanceequipmenthavebeenpurchased and
are stored in the container at the Charity's warehouse.

These can be hired out to the HM Armed Forces community.

TheCharitiesPadreandhiscolleaguefromtheYorkshireRegimenthavebeenworkingtoobtainaffiliatedstatusasa community
cycling club.

How is each project progressing against timescales?

All projects are running to timescale apart from Recycling Heroes which has been extended.

Are all of the expected goals being met?

Currently all expected goals are being met.

How are projects been reported?

Reporting is completed by the Charity's Project and Events Coordinator.

What veterans are being helped by each project?

AcrossalloftheCharity'sgroupsandactivitiesoverthreehundredveterans,servingHMArmedForcesmemberandtheir families
have benefited.

As more funding is receivedthe Charity ensures support is provided to the people that need these activitiesnot just the people that
want them.

The Charity offers a wide range of activities, clubs and courses to support veterans and their families of all age groups.

Page 4

HULL 4 HEROES

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 NOVEMBER 2021

ACHIEVEMENT AND PERFORMANCE

Fundraising activities

AllfundraisingeventsareaimedatraisingfundsthatareusedforthereliefofveteransandthefamiliesofHisMajesty's Armed
Forces in need.

CharitablesupportisprovidedtothoseveteransandfamilieslivingwithintheCityofHullandSurroundingAreasby providing
supportwith housing,benefitsadvice,training,resettlement,and rehabilitationinto civilianlife when transitioningfromthe Armed
Forces.

TheCharityworksin partnershipwithotherorganisationswhenfundraisingand withcharitableorganisationswhosharethe same
purpose and objectives.

Investment performance

The Charitycurrentlyholds resourcesas liquid funds. At present,there are no financialinvestments.The Trusteescontinueto keep
the position under review taking into account the size and scale of the Charity and its current activities.

FINANCIAL REVIEW

Financial position

Hull4 Heroesincomeforthe yearwas £359,710(2020:£172,366),an increaseon the previousyear'sincomedue to a higher level
of donations receive

The Charity'scostsincreasedto £234,493from£168,235in the previousyear due to greatercostsof raisingfunds and higher wage
costs as more staff were employed.

The Charity generated a surplus of £124,217 in the year compared to £95,617 in the previous period.

Principal funding sources

The Charity's principal sources of funding are:

 - Charitable donations from businesses and other local organisations.

Investment policy and objectives

The Charitycurrentlyholds resourcesas liquid funds. At present,there are no financialinvestments.The Trusteescontinueto keep
the position under review taking into account the size and scale of the Charity and its current activities.

Reserves policy

The surplus of income of expenditure over time means that the Charity'saccumulatedfunds at the balance sheet date are  £312,438,
ofwhich£98,299representsrestrictedfunds.The funds and the resourcesofthe Charityare periodicallyreviewedso thatcosts of
operation could be covered for a period in the unlikely event the income were to cease.

Going concern

Atthetimeofapprovingthefinancialstatements,theTrusteeshaveareasonableexpectationthattheCharityhas adequate
resourcestocontinuein operationalexistenceforthe foreseeablefuture.TheTrusteesthereforecontinuetopreparethe financial
statements on the going concern basis.

FUTURE PLANS

TheCharity'sfutureplanspredominantlyrelatetothedevelopmentofa Veteran'sVillage,forwhichplanningpermissionhas now
been granted. This is a substantial project including the provision of housing and associated support services for veterans.

The Trusteesare currentlyengagingwithprofessionaladvisersto determinethe best approachesto the developmentand funding,
takingintoaccountthevariouspartiesinvolved.Thescaleoftheprojectmeansthatpotentialrevisionswillbeconsideredto the
Charity's structure so that the project can be successfully delivered to all stakeholders and regulatory compliance is maintained.

Page 5

HULL 4 HEROES

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30 NOVEMBER 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Hull4HeroesCharityis governedwithin the bounds of the Charitiesconstitutionwhich is structuredin such a way as to perform
as Charitable Incorporated Organisation (CIO) in accordance with the Charity Commissions CIO Foundation Model.

Governance Policies include:

Complaints handling
Conflicting interests
Risk management
Safeguarding vulnerable beneficiaries
Volunteer management

Charity constitution

The Charity is constituted as a CIO in accordance with the Charity Commissions CIO Foundation Model.

Recruitment and appointment of new trustees

Trustees are selected by the existing Board of Trustees in collaborations with the Charity's Chief Executive Officer (CEO).

Induction and training of new trustees

TrusteesdonotundergoformaltraininghoweveralloftheTrusteesaremadeawareoftheirobligationsandaredirectedto read
material published by the Charities Commission in support of Trustees.

EachTrusteeischosenfortheirindividualexperienceandexpertise.TheTrusteesworkwithmembersoftheCharity Committee,
ambassadors and advisors including Accountants (for financial guidance) and Solicitors (for legal guidance).

Wider network

The Charity has 4 Trustees currently with Jim Fishburn being the Chairman of the Board of Trustees.

The Charity employs 6 individuals in the roles of:

- CEO

- Project Coordinator

- Warehouse Manager

Hull4Heroeshasestablishedrelationshipswithawidegroupofrelatedagencies&bodies,relatedcharities,and corporate
organisations.None of these are ratifiedintoformalcontractualagreements/ partnershipsat this timeotherthan the relationship
with the Association of Service Drop-In Centres (ASDIC).

Related parties

ASDIC represents and link veterans' Drop-Ins across the country.

SometimescalledHubs or Centres,Drop-Insoffera varietyof welfareand mentalhealth support,togetherwith comradeshipand a
sense of wellbeing, to the ex-military community and their families.

ASDIC helps them to enhance the service they can provide and make them more accessible.

Page 6

HULL 4 HEROES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Risk management

The Trusteeshavea duty to identifyand reviewthe risks to Charitywhichthe is exposedand to ensure appropriatecontrolsare in
place to provide reasonable assurance against fraud and error.

Risk 001: There is a risk that funding will not be obtained to implement the planned Veterans Village.

Mitigation:ThemitigationforthisriskistocontinuemarketingtheVeteransVillagetokeeptheprojectInthepubliceyeand the
initiation of new funding campaigns. Major funding organisations are being approached.

The phasingofthe projectto ensure thateachphase can deliversuccessfuloutcomesand benefitsto warrantthe individual phase
funding.

Risk002:ThereisariskthatadversepublicityregardingArmedForcesinvolvementinpreviousoverseascampaignswillhave a
negative impact of the public perception of the Armed Forces.

Mitigation:Themitigationforthisriskistocontinuetomaintainapositiveoutlookonallsocialmediaoutletsandcontinue to
deliver services in a positive and proactive way.

Risk003:TheisariskthattheCharitywillberequiredtomoveofficetoanotherlocationduetoarecentlandlordsrequest to
increase the rental of the current office location.

Mitigation:The mitigationfor this risk is the Trustees are identifyingsuitable properties to move to and appropriatefunding to  make
properties ready for use.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financialstatementsin accordancewith applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Thelawapplicabletocharitiesin Englandand Wales,theCharitiesAct2011,Charity(Accountsand Reports)Regulations2008 and
theprovisionsofthetrustdeedrequiresthetrusteestopreparefinancialstatementsforeachfinancialyearwhichgivea true and
fairviewof the stateof affairsof the charityand of the incomingresourcesand applicationof resources,includingthe income and
expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewithreasonableaccuracyatanytime the
financialpositionof the charityand to enable them to ensure that the financialstatementscomplywith the CharitiesAct 2011, the
Charity (Accountsand Reports) Regulations2008 and the provisionsof the trust deed. 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 irregularities.

Approved by order of the board of trustees on 26 September 2022 and signed on its behalf by:

J Fishburn - Trustee

Page 7

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF

HULL 4 HEROES

Independent examiner's report to the trustees of Hull 4 Heroes

IreporttothecharitytrusteesonmyexaminationoftheaccountsofHull4Heroes(theTrust)fortheyear ended
30 November 2021.

Responsibilities and basis of report

As the charitytrusteesof the Trust you are responsiblefor the preparationof the accountsin accordancewith the requirements of
the Charities Act 2011 ('the Act').

IreportinrespectofmyexaminationoftheTrust'saccountscarriedoutundersection145oftheActandincarryingout 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

Sinceyourcharity'sgrossincomeexceeded£250,000yourexaminermustbeamemberofalistedbody.IcanconfirmthatI am
qualified to undertake the examination because I am a registered member of FCCA which is one of the listed bodies.

Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattentioninconnectionwith 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 concernsand have come across no other mattersin connectionwith the examinationto which attentionshould be drawn
in this report in order to enable a proper understanding of the accounts to be reached.

Tracy Hutty
FCCA
Banks Cooper Associates Limited
21 Marina Court
Castle Street
Hull
HU1 1TJ

26 September 2022

Page 8

HULL 4 HEROES

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2021

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
150,878
Other trading activities
2
106,190
Investment income
3
6
Total
257,074
EXPENDITURE ON
Raising funds
73,905
Charitable activities
Refurbishments
10,927
Veterans' emergency needs
4,420
Veterans' Village Development
1,200
Other
59,894
Total
150,346
NET INCOME
106,728
RECONCILIATION OF FUNDS
Total funds brought forward
107,411
TOTAL FUNDS CARRIED FORWARD
214,139		 30.11.21
30.11.20
Restricted
Total
Total
fund
funds
funds
£
£
£
101,627
252,505
172,366
-
106,190
91,457
9
15
29
101,636
358,710
263,852
32,587
106,492
88,479
-
10,927
8,303
-
4,420
2,423
-
1,200
8,927
51,560
111,454
60,103
84,147
234,493
168,235
17,489
124,217
95,617
80,810
188,221
92,604
98,299
312,438
188,221		 30.11.21
30.11.20
Restricted
Total
Total
fund
funds
funds
£
£
£
101,627
252,505
172,366
-
106,190
91,457
9
15
29
101,636
358,710
263,852
32,587
106,492
88,479
-
10,927
8,303
-
4,420
2,423
-
1,200
8,927
51,560
111,454
60,103
84,147
234,493
168,235
17,489
124,217
95,617
80,810
188,221
92,604
98,299
312,438
188,221
263,852
88,479
8,303
2,423
8,927
60,103
168,235
95,617
92,604
188,221 
The notes form part of these financial statements

Page 9

HULL 4 HEROES

BALANCE SHEET 30 NOVEMBER 2021

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
7
68,392
CURRENT ASSETS
Stocks
8
5,162
Debtors
9
27,024
Cash at bank and in hand
135,081
167,267
CREDITORS
Amounts falling due within one year
10
(21,520)
NET CURRENT ASSETS
145,747
TOTAL ASSETS LESS CURRENT LIABILITIES
214,139
NET ASSETS
214,139
FUNDS
12
Unrestricted funds
Restricted funds
TOTAL FUNDS		 30.11.21
Restricted
Total
fund
funds
£
£
15,441
83,833
-
5,162
-
27,024
82,858
217,939
82,858
250,125
-
(21,520)
82,858
228,605
98,299
312,438
98,299
312,438
214,139
98,299
312,438		 30.11.20
Total
funds
£
23,776
3,698
16,970
151,342
172,010
(7,565)
164,445
188,221
188,221
107,411
80,810
188,221 
The financialstatementswereapprovedby the BoardofTrusteesand authorisedforissue on 26 September2022and were signed
on its behalf by:

J Fishburn - Trustee

The notes form part of these financial statements

Page 10

HULL 4 HEROES

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenpreparedin accordance
withthe CharitiesSORP(FRS102)'Accountingand Reportingby Charities:StatementofRecommendedPractice applicable
to charitiespreparingtheir accountsin accordancewith the FinancialReportingStandardapplicablein the UK and  Republic
ofIreland(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicablein the UK and Republic of Ireland' and the CharitiesAct 2011. The financialstatementshave been prepared  under
the historical cost convention.

TheFinancialStatementsfortheyearended30November2021werepreviouslypreparedontheReceiptsand Payments
Basis.Duetotheincreasedlevelofincomeintheyearended30November2021theFinancialStatementshave been
prepared on the Accruals Basis.

Thecomparativesfortheyearended30November2020havebeenrestatedaccordinglyandtheeffectonReservesis as
follows:
30.11.2020
£
Reserves per the Financial Statements for the year ended 30 November 2020 prepared on the
Receipts and Payment basis		 183,296
Depreciation (2,342)
Debtors and prepayments 16,970
Creditors and accruals (7,565)
Stock movement (2,138)
Reserves per the Financial Statements for the year ended 30 November 2020 prepared on the Accruals
basis		 188,221 
At the time of approving the financialstatements,the Trustees have a reasonable expectationthat the Charity has  adequate
resourcestocontinueinoperationalexistencefortheforeseeablefuture.TheTrusteesthereforecontinuetoprepare the
financial statements on the going concern basis.

Income

All incomeis recognisedin the Statementof FinancialActivitiesonce the charityhas entitlementto the funds, it is  probable
that the income will be received and the amount can be measured reliably.

Expenditure

Liabilitiesare recognisedas expenditureas soon as there is a legal or constructiveobligationcommittingthe charityto  that
expenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlementandtheamountof the
obligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisandhasbeenclassified under
headingsthataggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticular headings
they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery- 25% on reducing balance
Fixtures and fittings- 25% on reducing balance
Motor vehicles- 25% on reducing balance

Stocks

Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowanceforobsoleteandslow moving
items.

Taxation

The charity is exempt from tax on its charitable activities.

Page 11

HULL 4 HEROES

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021

1. ACCOUNTING POLICIES - continued

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity.Restrictions arise
when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

Thecharityoperatesadefinedcontributionpensionscheme.Contributionspayabletothecharity'spensionscheme are
charged to the  Statement of Financial Activities in the period to which they relate.

2. OTHER TRADING ACTIVITIES

3.

OTHER TRADING ACTIVITIES
30.11.21 30.11.20
£ £
Fundraising receipts 74,818 70,064
Merchandising receipts 31,372 21,393
106,190 91,457
INVESTMENT INCOME
30.11.21 30.11.20
£ £
Bank interest received 15 29

4. TRUSTEES' REMUNERATION AND BENEFITS

Therewerenotrustees'remunerationorotherbenefitsfortheyearended30November2021norfortheyear ended
30 November 2020.

Trustees' expenses

There were no  trustees' expenses paid for the year ended 30 November 2021 nor for the year ended 30 November 2020.

5. STAFF COSTS

The average monthly number of employees during the year was as follows:
30.11.21 30.11.20
Administration & management 3 2 
No employees received emoluments in excess of £60,000.

Page 12

HULL 4 HEROES

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
Restricted
funds
fund
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
48,675
123,691
Other trading activities
91,457
-
Investment income
14
15
Total
140,146
123,706
EXPENDITURE ON
Raising funds
65,013
23,466
Charitable activities
Refurbishments
8,303
-
Veterans' emergency needs
2,423
-
Veterans' Village Development
8,927
-
Other
33,273
26,830
Total
117,939
50,296
NET INCOME
22,207
73,410
RECONCILIATION OF FUNDS
Total funds brought forward
85,204
7,400
TOTAL FUNDS CARRIED FORWARD
107,411
80,810
7.
TANGIBLE FIXED ASSETS
Fixtures
Land and
Plant and
and
Motor
Buildings
machinery
fittings
vehicles
£
£
£
£
COST
At 1 December 2020
-
1,093
3,065
21,960
Additions
66,000
-
-
-
At 30 November 2021
66,000
1,093
3,065
21,960
DEPRECIATION
At 1 December 2020
-
273
696
1,373
Charge for year
-
205
592
5,146
At 30 November 2021
-
478
1,288
6,519
NET BOOK VALUE
At 30 November 2021
66,000
615
1,777
15,441
At 30 November 2020
-
820
2,369
20,587		 Total
funds
£
172,366
91,457
29
263,852
88,479
8,303
2,423
8,927
60,103
168,235
95,617
92,604
188,221
Totals
£
26,118
66,000
92,118
2,342
5,943
8,285
83,833
23,776		 
Page 13

HULL 4 HEROES

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021

7. TANGIBLE FIXED ASSETS - continued

Theamountsinrespectoflandandbuildingsrepresentcertaincostsinrespectofthedesign,planningand associated
preparatory work for the Veterans Village property development.

8. STOCKS

Stocks
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Prepayments
10.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Other creditors
11.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as
Within one year
Between one and five years
12.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Designated Fund
Restricted funds
Restricted
TOTAL FUNDS		 30.11.21
30.11.20
£
£
5,162
3,698
30.11.21
30.11.20
£
£
17,400
16,970
9,624
-
27,024
16,970
30.11.21
30.11.20
£
£
10,687
837
10,833
6,728
21,520
7,565
follows:
30.11.21
30.11.20
£
£
2,880
2,880
-
2,880
2,880
5,760
Net
At
movement
At
1.12.20
in funds
30.11.21
£
£
£
50,368
76,255
126,623
57,043
30,473
87,516
107,411
106,728
214,139
80,810
17,489
98,299
188,221
124,217
312,438		 30.11.21
30.11.20
£
£
5,162
3,698
30.11.21
30.11.20
£
£
17,400
16,970
9,624
-
27,024
16,970
30.11.21
30.11.20
£
£
10,687
837
10,833
6,728
21,520
7,565
follows:
30.11.21
30.11.20
£
£
2,880
2,880
-
2,880
2,880
5,760
Net
At
movement
At
1.12.20
in funds
30.11.21
£
£
£
50,368
76,255
126,623
57,043
30,473
87,516
107,411
106,728
214,139
80,810
17,489
98,299
188,221
124,217
312,438
214,139
98,299
312,438 
Page 14

HULL 4 HEROES

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021

12. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Designated Fund
Restricted funds
Restricted
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Designated Fund
Restricted funds
Restricted
TOTAL FUNDS
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted
TOTAL FUNDS		 Incoming
Resources
Movement
resources
expended
in funds
£
£
£
226,601
(150,346)
76,255
30,473
-
30,473
257,074
(150,346)
106,728
101,636
(84,147)
17,489
358,710
(234,493)
124,217
Net
At
movement
At
1.12.19
in funds
30.11.20
£
£
£
28,162
22,207
50,369
57,042
-
57,042
85,204
22,207
107,411
7,400
73,410
80,810
92,604
95,617
188,221
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
140,146
(117,939)
22,207
123,706
(50,296)
73,410
263,852
(168,235)
95,617		 Incoming
Resources
Movement
resources
expended
in funds
£
£
£
226,601
(150,346)
76,255
30,473
-
30,473
257,074
(150,346)
106,728
101,636
(84,147)
17,489
358,710
(234,493)
124,217
Net
At
movement
At
1.12.19
in funds
30.11.20
£
£
£
28,162
22,207
50,369
57,042
-
57,042
85,204
22,207
107,411
7,400
73,410
80,810
92,604
95,617
188,221
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
140,146
(117,939)
22,207
123,706
(50,296)
73,410
263,852
(168,235)
95,617
95,617 
Page 15

HULL 4 HEROES

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2021

12. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
Designated Fund
Restricted funds
Restricted
TOTAL FUNDS		 Net
At
movement
At
1.12.19
in funds
30.11.21
£
£
£
28,162
98,462
126,624
57,042
30,473
87,515
85,204
128,935
214,139
7,400
90,899
98,299
92,604
219,834
312,438		 Net
At
movement
At
1.12.19
in funds
30.11.21
£
£
£
28,162
98,462
126,624
57,042
30,473
87,515
85,204
128,935
214,139
7,400
90,899
98,299
92,604
219,834
312,438
214,139
98,299
312,438 
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Designated Fund
Restricted funds
Restricted
TOTAL FUNDS		 Incoming

resources
£
366,747
30,473
397,220
225,342
622,562		 Resources
Movement
expended
in funds
£
£
(268,285)
98,462
-
30,473
(268,285)
128,935
(134,443)
90,899
(402,728)
219,834		 Resources
Movement
expended
in funds
£
£
(268,285)
98,462
-
30,473
(268,285)
128,935
(134,443)
90,899
(402,728)
219,834
128,935
90,899
219,834

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 November 2021.

Page 16

HULL 4 HEROES

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2021

30.11.21 30.11.20
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 150,878 48,675
Grants 101,627 123,691
252,505 172,366
Other trading activities
Fundraising receipts 74,818 70,064
Merchandising receipts 31,372 21,393
106,190 91,457
Investment income
Bank interest received 15 29
Total incoming resources 358,710 263,852
EXPENDITURE
Other trading activities
Fundraising, inc merchandising 61,475 36,567
Costs associated with obtaining grant funding 9,293 3,087
Costs associated with Covid 19 9,490 22,324
Plant and machinery 205 273
Fixtures and fittings 592 696
Motor vehicles 5,146 1,373
86,201 64,320
Charitable activities
Refurbishments 10,927 8,303
Veterans' emergency needs 4,420 2,423
Veterans' Village development costs 1,200 8,927
16,547 19,653
Other
Wages 61,141 34,536
Pensions 429 -
Volunteer refreshments & exps 6,163 4,915
Motor expenses 15,840 4,561
Rent and fees 16,449 10,170
Office costs 10,461 5,633
Accountancy 971 288
111,454 60,103
Support costs
Management
Insurance 1,546 841
Carried forward 1,546 841 
This page does not form part of the statutory financial statements

Page 17

HULL 4 HEROES

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2021

30.11.21 30.11.20
£ £
Management
Brought forward 1,546 841
Telephone and Internet 6,623 7,566
Postage, stationery and advert 11,310 15,449
19,479 23,856
Finance
Bank charges 812 303
Total resources expended 234,493 168,235
Net income 124,217 95,617 
This page does not form part of the statutory financial statements

Page 18