REGISTERED CHARITY NUMBER: 1170056
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023
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 2023
| Page | |
|---|---|
| Reference and Administratve Details | 1 |
| Report of the Trustees | 2 to 11 |
| Independent Examiner's Report | 12 |
| Statement of Financial Actvites | 13 |
| Balance Sheet | 14 |
| Cash Flow Statement | 15 |
| Notes to the Cash Flow Statement | 16 |
| Notes to the Financial Statements | 17 to 26 |
| Detailed Statement of Financial Actvites | 27 to 28 |
HULL 4 HEROES
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 30 NOVEMBER 2023
| TRUSTEES | J Fishburn |
|---|---|
| Ms D Hammond | |
| T Fishburn | |
| K Neal | |
| B Cooke (appointed 12.6.23) | |
| PRESIDENT | P Waterhouse |
| PRINCIPAL ADDRESS | Unit F27 |
| 3rd Floor Princes Quay | |
| Hull | |
| HU1 2PQ | |
| 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 | |
| BANKERS | Lloyds Bank |
| 1 Grand Buildings | |
| Jameson street | |
| Hull |
Page 1
HULL 4 HEROES
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023
The trustees present their report with the financial statements of the charity for the year ended 30 November 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 purposes of the Charity as set out in its governing document is the relief of veterans and the families of HM 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, adaptations, benefits advice, family support, training, funding, resettlement and rehabilitation into civilian life and by working in partnership with other charities.
Significant activities
The following activities have continued in support of the charity's objectives:
Advice on housing.
Help to complete housing applications.
Assistance after applying themselves and having issues or missing evidence.
Assistance to gather the correct evidence for housing applications from various agencies and offices. Making contact and request the correct information is given in writing to assist.
Relocation/rehousing/homelessness assistance
Speaking with housing officer/teams to ensure everything is done to help with requests for housing in a very difficult period where there is a great lack of availability.
Promoting self help
Help with provision of standards at funerals via connection with other veterans' associations. (Helping those who wish to donate to us after ceremonies have a proper ceremony.
Help to apply for pensions/service records/medals other service information.
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 issues resolved. 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
The Hull 4 Heroes Charity Trustees are aware of, have considered and regularly review the Charity Commission's public benefit guidance to ensure activities to which it's relevant are carried out appropriately.
The Trustees believe the Charity has only charitable purposes which are wholly carried out for the public benefit with specific members of the public being Veterans, the Armed Forces Community and their families.
The Trustees report each year on how the Charity has carried out the charities purposes for the public benefit.
Grantmaking
The Hull 4 Heroes Charity does not award grants to other organisations.
Should grant awards be considered in the future these will be made in accordance with the Charity Commission SORP and hence contribute wholly to the aims and objectives of the Charity
Grants received by the Charity that are associated with Social Investment are reported regularly to the grant makers in accordance with their policies.
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HULL 4 HEROES
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023
OBJECTIVES AND ACTIVITIES
Volunteers
Volunteers assist the Charity on all 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 and in the administration of the Armed Forces Hub.
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HULL 4 HEROES
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023
ACHIEVEMENT AND PERFORMANCE Charitable activities Projects and Events
Grants during reporting period.
The charity currently has ten (10) active grants.
1. Sporting Force - Get Emotions Out (GEO Pilot Project) (Awarded January 21)
This project provides part funding to employ a Veteran's Health & Wellbeing Officer (VH&WO) and provides funding to support including various GEO costs.
The VH&WO has been in post since April 2022 delivering activities such as coffee mornings, walking clubs, weekend trips and day trips. The VH&WO is also a GEO facilitator.
The GEO Pilot project has been extended to East Yorkshire and North Lincolnshire with 6 groups currently running and has over 100 members across all groups.
2. Veterans Foundation - GEO Pilot Project (Awarded January 21)
This project provides part funding to employ a VH&WO and provides funding to support including various GEO costs.
3. National Lottery - Project CASA (Awarded March 22)
Project CASA was granted for work in the local community. With this funding we have created a City Centre Drop in that is now open 6 days a week. We have started art classes, music sessions (requiring the purchase of guitars and a piano), board game afternoons and coffee mornings. We have organised various excursions to local museums and have created a community cycling club.
4. Veterans Growth - Allotment Project (Awarded June 22)
We were granted funds from the Armed Forces Covenant to clear and improve 2 allotments. The allotments had been neglected and the period has been spent clearing, weeding and general maintenance of the allotments. We have also bought a new summerhouse, shed and polytunnel.
Generally, the Charity has focussed, during this reporting year, on using our grant funding to assist with mental health and social isolation issues.
5.National Lottery Community Fund - Know Your Neighbourhood (Awarded April 2023)
This project offers wellbeing retreats to veterans who are struggling with their mental health delivering activities such as hiking, paddleboarding, archery and wild camping allowing for space and time away from the fast pace of life and find peace in nature and relaxing surroundings
6. Forces Covenant Trust: Force for Change - Sport 4 All
The main activities of the Sport 4 All programme focused on developing ladies' football, rugby (including wheelchair rugby) and physical exercise for older people. This project has allowed us to offer ladies of all abilities a chance to learn football skills, develop their fitness and promote positive mental wellbeing. We have supported with funding for Tri Services wheelchair rugby sessions allowing veterans with physical disabilities to take part in sport.
7. GEO Facilitator Training (Awarded Jan 2023)
This project offered funding to allow us to extend the GEO & LISA groups into the North-East. We have created an online training portal for new facilitators and offered face to face training to allow for new peer support groups to be set up.
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HULL 4 HEROES
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023
8. Armed Forces Hub (Awarded June 2023
The Armed Forces Hub grant is provided to deliver services required by the Hull City Councils Armed Forces Hub making the Hull 4 Heroes Charity the central point of contact for the Armed Forces Community in Hull.
The Charity works closely with other members of the Armed Forces Forum to provide a partnership that benefits our service users.
9. Veterans Foundation: CEO Salary (Awarded June 23)
This is partial funding for 12 months towards the CEO salary.
10. Veterans Foundation: Support Team (Awarded October 23)
This is funding towards the Support team lead salary and admin costs for support work.
How is each project progressing against timescales?
All projects are running to timescale.
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 charities Project Lead.
What number of beneficiaries have been supported through this reporting period?
Total number of beneficiaries assisted during this reporting period: 593
Fundraising activities
All fundraising events are aimed at raising funds that are used for the relief of veterans and the families of His Majesty's Armed Forces in need.
Charitable support is provided to those veterans and families living within the City of Hull and Surrounding Areas by providing support with housing, benefits advice, training, resettlement, and rehabilitation into civilian life when transitioning from the Armed Forces.
The Charity works in partnership with other organisations when fundraising and with charitable organisations who share the same purpose and objectives.
Investment performance
No financial investments are made with charitable funds.
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HULL 4 HEROES
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023
ACHIEVEMENT AND PERFORMANCE Offices and Drop in Centre
In our newly established home at Princes Quay, we have started a series community events. These have brought together various Armed Forces organisations alongside numerous local health and well-being community groups. The aim is to foster a sense of camaraderie and support within the community.
Since our opening the day after boxing day, our drop-in centre has become a thriving hub of activity. Over 200 new individuals have connected with our charity, and we're delighted to see familiar faces, returning veterans who frequently enjoy our services.
Many events run weekly at the centre including engaging activities like Sit and Fit, Art classes, Knit and Natter, a coffee morning, games of bingo, film afternoons. Additionally, we host a monthly Armed Forces youth club.
We have a range of services on a weekly and monthly basis. These include the Armed Forces Citizens Advice, advisors providing personal wealth guidance, and solicitors offering varied advice. We hold a variety of one-off community groups, each presenting different opportunities for our visitors.
GEO & LISA
Our Geo and Lisa support groups are broadening their scope to encompass additional locations. We have established a comprehensive training program to empower new facilitators in effectively leading our military support sessions. Currently, we conduct meetings in Hull, HMP Hull, Barton, Scunthorpe, and Driffield. In collaboration with the charity MCVC, we are on the cusp of inaugurating a new group in Rotherham, within the MOD we have meetings starting with 150 Regt, Calvert Lane and DST Leconfield, to extend support to both reservist and regular forces.
Football teams
Our football teams are making remarkable progress. Geo FC is thriving in a newly established charity league, using every match to champion the causes of Hull 4 Heroes and advocate for open conversation.
Lisa Ladies team has been established, with many participants being newcomers to the sport or relatively new players. They're quickly evolving into a formidable force on the field, and not just in football, but also in spreading the message of the importance of conversation, particularly among women.
Food bank and warehouse
Our foodbank consistently benefits from generous contributions from major corporations such as Cranswick Foods and Aunt Bessie's. we are engaged in a weekly food donation program facilitated by the Neighbourly initiative, from many we collaborate with 19 other foodbanks, ensuring an equitable distribution of resources. Notably, our furniture donations have seen a significant increase, thanks in part to our new warehouse manager, Steve. This has enabled us to provide donations to veterans, alleviating the need for regular purchases.
During this reporting period key partnerships have been established with the following local companies:
Conexien - providing funding support and access to their academy to employ service leavers Quickline -hosting various fundraisers and making multiple donations. Cranswick Foods - provides weekly food donations for resale at the community shop. Aunt Bessies - provide regular food donations for resale at the community shop. ABI and Atlas Caravans - provide regular donations. Veolia - handles waste management at no cost. Springfield Training - supplies a truck for staff use and sponsors events. Wienerberger Broomfleet - their charity of choice. Cobus Communications - ongoing support to be provided indefinitely to the charity.
Accreditations
In March 2023 we were successful in receiving the Veterans Mental Health Awareness Standard and currently hold the Pride in Veterans Standard supporting veterans from the LGBTQ+ community.
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HULL 4 HEROES
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023
ACHIEVEMENT AND PERFORMANCE
Educational and research partnerships
Hull University Northumbria University York St John
Ongoing collaboration continues with various organisations through different forums such as:
The North Bank Forum connecting Hull 4 Heroes with local health and well-being partners. Hull and East Riding Champion s linking the Charity to numerous community charities. The Hull Food Partnership providing connections to local food banks.
The Armed Forces Forum connecting Hull 4 Heroes with both local and national charities and organisations supporting Veterans and Members of the Armed Forces.
The following committees are attended on a regular basis:
Armed Forces Forum : Addressing Armed Forces challenges. Finance and Debt : Providing guidance on better money management.
Housing : Improving accessibility and affordability. Health and Wellbeing : Enhancing quality of life. Probation : Supporting reintegration. Vulnerable Adults : Ensuring care and protection. Suicide Prevention : Raising awareness and providing help.
During this reporting period the Charity has continued to engage with the following HMP establishments: HMP Hull Humber Risley Holme House Full Sutton.
In 2023, our efforts provided critical assistance to veterans through a range of services operating from our offices, hub, and warehouse: Veterans Aided in 2023 : Total number of beneficiaries assisted during this reporting period: 593 Beneficiaries assisted through the GEO project: 64 Beneficiaries assisted through the LISA project: 10 Beneficiaries rehoused: 11 Beneficiaries housed from being homeless: 11 Beneficiaries offered financial & debt assistance: 25 Beneficiaries assisted through 'Buddy Calls': 25 Beneficiaries assisted through our Drop-in Centre: 119 Beneficiaries assisted through outreach: 98 Drop in centre coffee mornings 237 people but many return weekly.
FINANCIAL REVIEW
Financial position
Hull 4 Heroes income for the year was £440,342 (2022: £545,601), an decrease on the previous year's income due to a lower level of donations and grants received.
The Charity's costs increased to £389,250 from £324,986 in the previous year due to a higher level of projects undertaken and higher wage costs.
The Charity generated a surplus of £51,092 in the year compared to £220,615 in the previous period.
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HULL 4 HEROES
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023
FINANCIAL REVIEW
Principal funding sources
The charities principal sources of funding are:
Grant funding. Public donations. Charitable donations from businesses and other local organisations. Events organised by the charity. Events organised by the charity's supporters.
Investment policy and objectives
The charity has invested in equipment to support the charities events which includes:
-
Paddleboards
-
Musical instruments (guitars and a piano)
Reserves policy
The surplus of income of expenditure over time means that the Charity's accumulated funds at the balance sheet date are £584,145, of which £92,345 represents restricted funds. The funds and the resources of the Charity are periodically reviewed so that costs of operation could be covered for a period in the unlikely event the income were to cease.
Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. The Trustees therefore continue to prepare the financial statements on the going concern basis.
FUTURE PLANS
The Charity's future plans predominantly relate to the development of a Veteran's Village, for which planning permission has now been granted. This is a substantial project including the provision of housing and associated support services for veterans.
The Trustees are currently engaging with professional advisers to determine the best approaches to the development and funding, taking into account the various parties involved. The scale of the project means that potential revisions will be considered to the Charity's structure so that the project can be successfully delivered to all stakeholders and regulatory compliance is maintained.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The Hull 4 Heroes Charity is governed within the bounds of the Charities constitution which is structured in such a way as to perform as Charitable Incorporated Organisation (CIO) in accordance with the Charity Commissions CIO Foundation Model.
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 collaboration with the Charities Chief Executive Officer (CEO).
One Trustee, Barrie Cooke MBE, has been appointed during this reporting year.
The Board of Trustees has created a role of President to provide strategic support to the Board of Trustees. Commodore Phil Waterhouse (RN Retired) has been appointed as the inaugural President of the charity.
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HULL 4 HEROES
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
The Charity has 5 Trustees currently with Jim Fishburn being the Chairman of the Board of Trustees.
The Charity employs 6 individuals in the roles of:
-
CEO
-
Hub Manager/Project Lead
-
Veterans' Health & Wellbeing Officer (VH&WO)
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Veterans Support Lead (VSL)
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Armed Forces Hub Coordinator
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Veterans Outreach Officer
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Warehouse Manager
Hull 4 Heroes has established relationships with a wide group of related agencies & bodies, other charities and corporate organisations. None of which are ratified into formal contractual agreements / partnerships at this time other than the relationship with the Association of Service Drop-In Centres (ASDIC).
Induction and training of new trustees
Trustees do not undergo formal training however all of the Trustees are made aware of their obligations and are directed to read material published by the Charities Commission in support of Trustees.
Each Trustee is chosen for their individual experience and expertise. The Trustees work with members of the Charity Committee, Ambassadors and Advisors including Accountants (for financial guidance) and Solicitors (for legal guidance).
Related parties
ASDIC represents and link veterans' Drop-Ins across the country.
Sometimes called Hubs or Centres, Drop-Ins offer a variety of welfare and mental health support, together with comradeship and 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.
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HULL 4 HEROES
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023
STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management
Risk 001: There is a risk that funding will not be obtained to implement the planned Veterans Village.
Mitigation: The mitigation for this risk is to continue marketing the Veterans Village to keep the project in the public eye and the initiation of new funding campaigns. Major funding organisations are being approached.
The phasing of the project to ensure that each phase can deliver successful outcomes and benefits to warrant the individual phase funding.
In February 2023, a pledge (subject to Business Case) was made by the Office of Veterans Affairs (OVA) to financially support the initial phases of the project. This funding is expected to support 20-25% of the total costs of the Veterans Village project.
Further engagement with the Armed Forces Covenant Fund (who distribute the OVA funds) continues to establish which bid applications need to be completed to obtain the full funding.
An initial tranche of funding has been awarded.
Risk 002: 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.
Mitigation: The mitigation for this risk is to continue to maintain a positive outlook on all social media outlets and continue to deliver services in a positive and proactive way.
Risk 003: The is a risk that the Charity has moved to a different location which is larger and more expensive than the previous offices. This could present a future cost challenge.
Mitigation: The mitigation for this risk is the Trustees have agreed to maintain the HCC Armed Forces Hub from the new offices which has a funding allocation which covers 50% of the rent for the offices at the new location.
Further costs have been experienced in establishing a foodbank and warehouse which is likely to have an adverse impact on funds available to drive forward new initiatives.
The establishment of a thrift shop in the warehouse is generating income which further mitigates this risk.
Governance Policies include:
Complaints handling Conflicting interests Risk management Safeguarding vulnerable beneficiaries Volunteer management Health & Safety Equality, Diversity and Inclusion GDPR Privacy Environmental
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HULL 4 HEROES
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2023
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees are responsible 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).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to
-
select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial 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 proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of 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 17 September 2024 and signed on its behalf by:
J Fishburn - Trustee
Page 11
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
HULL 4 HEROES
Independent examiner's report to the trustees of Hull 4 Heroes
I report to the charity trustees on my examination of the accounts of Hull 4 Heroes (the Trust) for the year ended 30 November 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
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
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:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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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.
Tracy Hutty FCCA
Banks Cooper Associates Limited 21 Marina Court Castle Street Hull HU1 1TJ
Date: 17 September 2024
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HULL 4 HEROES
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2023
| 30.11.23 | 30.11.22 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||||
| Donatons and legacies | 3 | 110,362 | 192,617 | 302,979 | 457,023 |
| Other trading actvites | 4 | 135,119 | - | 135,119 | 88,508 |
| Investment income | 5 | 2,244 | - | 2,244 | 70 |
| Total | 247,725 | 192,617 | 440,342 | 545,601 | |
| EXPENDITURE ON | |||||
| Raising funds | 6 | 141,079 | 31,053 | 172,132 | 119,322 |
| Charitable actvites | 7 | ||||
| New Ofce Costs | 8,859 | 24,995 | 33,854 | - | |
| Veterans' Emergency Needs | - | 13,610 | 13,610 | 2,493 | |
| Veterans' Village Development | 7,977 | - | 7,977 | - | |
| Positve Pathway Afghan Project | - | - | - | 29,960 | |
| Forces Together Project | - | 9,284 | 9,284 | 1,209 | |
| On the Doorstep for Veterans Project | - | 41,717 | 41,717 | 89,801 | |
| Out & About for Veterans Project | - | 10,547 | 10,547 | 37,371 | |
| Suicide Preventon Project | - | 21,630 | 21,630 | 37,349 | |
| Veterans' Allotments Project | - | 12,340 | 12,340 | 7,481 | |
| Cost of Living Project | - | 5,001 | 5,001 | - | |
| Eat Well For Less Project | - | 2,000 | 2,000 | - | |
| NBF Food Collaboratve Project | - | 25,100 | 25,100 | - | |
| Sportng Force Project | (673) | 9,601 | 8,928 | - | |
| Force for Change Project | - | 20,120 | 20,120 | - | |
| Force for Change - Sport for All Project | - | 5,010 | 5,010 | - | |
| Total | 157,242 | 232,008 | 389,250 | 324,986 | |
| NET INCOME/(EXPENDITURE) | 90,483 | (39,391) | 51,092 | 220,615 | |
| Transfers between funds | 21 | 43 | (43) | - | - |
| Net movement in funds | 90,526 | (39,434) | 51,092 | 220,615 | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 401,274 | 131,779 | 533,053 | 312,438 | |
| TOTAL FUNDS CARRIED FORWARD | 491,800 | 92,345 | 584,145 | 533,053 |
The notes form part of these financial statements
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HULL 4 HEROES
BALANCE SHEET 30 NOVEMBER 2023
| 30.11.23 | 30.11.22 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | fund | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| FIXED ASSETS | ||||||
| Tangible assets | 16 | 98,109 | 8,686 | 106,795 | 99,826 | |
| CURRENT ASSETS | ||||||
| Stocks | 17 | 3,531 | - | 3,531 | 3,813 | |
| Debtors | 18 | 5,251 | - | 5,251 | 15,807 | |
| Cash at bank and in hand | 418,809 | 83,659 | 502,468 | 444,246 | ||
| 427,591 | 83,659 | 511,250 | 463,866 | |||
| CREDITORS | ||||||
| Amounts falling due within one year | 19 | (33,900) | - | (33,900) | (30,639) | |
| NET CURRENT ASSETS | 393,691 | 83,659 | 477,350 | 433,227 | ||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 491,800 | 92,345 | 584,145 | 533,053 | ||
| NET ASSETS | 491,800 | 92,345 | 584,145 | 533,053 | ||
| FUNDS | 21 | |||||
| Unrestricted funds | 491,800 | 401,274 | ||||
| Restricted funds | 92,345 | 131,779 | ||||
| TOTAL FUNDS | 584,145 | 533,053 |
The financial statements were approved by the Board of Trustees and authorised for issue on 17 September 2024 and were signed on its behalf by:
J Fishburn - Trustee
The notes form part of these financial statements
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HULL 4 HEROES
CASH FLOW STATEMENT
FOR THE YEAR ENDED 30 NOVEMBER 2023
| 30.11.23 | 30.11.22 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Cash fows from operatng actvites | |||
| Cash generated from operatons | 1 | 67,758 | 248,645 |
| Net cash provided by operatng actvites | 67,758 | 248,645 | |
| Cash fows from investng actvites | |||
| Purchase of tangible fxed assets | (11,780) | (22,408) | |
| Interest received | 2,244 | 70 | |
| Net cash used in investng actvites | (9,536) | (22,338) | |
| Change in cash and cash equivalents in the | |||
| reportng period | 58,222 | 226,307 | |
| Cash and cash equivalents at the beginning of | |||
| the reportng period | 444,246 | 217,939 | |
| Cash and cash equivalents at the end of the | |||
| reportng period | 502,468 | 444,246 |
The notes form part of these financial statements
Page 15
HULL 4 HEROES
NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 30 NOVEMBER 2023
1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES | ||
|---|---|---|
| 30.11.23 | 30.11.22 | |
| £ | £ | |
| Net income for the reportng period (as per the Statement of Financial Actvites) | 51,092 | 220,615 |
| Adjustments for: | ||
| Depreciaton charges | 4,811 | 6,415 |
| Interest received | (2,244) | (70) |
| Decrease in stocks | 282 | 1,349 |
| Decrease in debtors | 10,556 | 11,217 |
| Increase in creditors | 3,261 | 9,119 |
| Net cash provided by operatons | 67,758 | 248,645 |
2. ANALYSIS OF CHANGES IN NET FUNDS
| At 1.12.22 Cash fow At £ £ Net cash Cash at bank and in hand 444,246 58,222 444,246 58,222 Total 444,246 58,222 |
30.11.23 £ 502,468 502,468 502,468 |
|---|---|
The notes form part of these financial statements
Page 16
HULL 4 HEROES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023
1. PRESENTATION CURRENCY
The presentation currency of the financial statements is the Pound Sterling (£).
2. 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.
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 ftngs | - 25% on reducing balance |
| Motor vehicles | - 25% on reducing balance |
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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.
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
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 17
HULL 4 HEROES
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2023
| 3. | DONATIONS AND LEGACIES | ||
|---|---|---|---|
| 30.11.23 | 30.11.22 | ||
| £ | £ | ||
| Donatons | 110,362 | 207,243 | |
| Grants | 192,617 | 249,780 | |
| 302,979 | 457,023 | ||
| Grants received, included in the above, are as follows: | |||
| 30.11.23 | 30.11.22 | ||
| £ | £ | ||
| Other grants | 192,617 | 249,780 | |
| 4. | OTHER TRADING ACTIVITIES | ||
| 30.11.23 | 30.11.22 | ||
| £ | £ | ||
| Fundraising receipts | 117,929 | 65,587 | |
| Merchandising receipts | 17,190 | 22,921 | |
| 135,119 | 88,508 | ||
| 5. | INVESTMENT INCOME | ||
| 30.11.23 | 30.11.22 | ||
| £ | £ | ||
| Bank interest received | 2,244 | 70 | |
| 6. | RAISING FUNDS | ||
| Other trading actvites | |||
| 30.11.23 | 30.11.22 | ||
| £ | £ | ||
| Purchases | 49,611 | 46,341 | |
| Costs associated with obtaining grant funding | 10,826 | 22,210 | |
| Costs associated with Covid 19 | - | 898 | |
| Depreciaton | 4,811 | 6,415 | |
| Support costs | 106,884 | 43,458 | |
| 172,132 | 119,322 |
Page 18
HULL 4 HEROES
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2023
7. CHARITABLE ACTIVITIES COSTS
| CHARITABLE ACTIVITIES COSTS | |||
|---|---|---|---|
| New Ofce Costs Veterans' Emergency Needs Veterans' Village Development Forces Together Project On the Doorstep for Veterans Project Out & About for Veterans Project Suicide Preventon Project Veterans' Allotments Project Cost of Living Project Eat Well For Less Project NBF Food Collaboratve Project Sportng Force Project Force for Change Project Force for Change - Sport for All Project |
Direct Costs £ - 13,610 7,977 - 11,427 1,386 5,286 7,437 5,001 2,000 8,607 8,928 2,037 - 73,696 |
Support costs (see note 8) £ 33,854 - - 9,284 30,290 9,161 16,344 4,903 - - 16,493 - 18,083 5,010 143,422 |
Totals £ 33,854 13,610 7,977 9,284 41,717 10,547 21,630 12,340 5,001 2,000 25,100 8,928 20,120 5,010 |
| 217,118 |
8. SUPPORT COSTS
| Management £ Other trading actvites 92,941 New Ofce Costs 33,854 Forces Together Project 9,284 On the Doorstep for Veterans Project 30,290 Out & About for Veterans Project 9,161 Suicide Preventon Project 16,344 Veterans' Allotments Project 4,903 NBF Food Collaboratve Project 16,493 Force for Change Project 18,083 Force for Change - Sport for All Project 5,010 236,363 Support costs, included in the above, are as follows: Other trading actvites £ Wages 33,181 Social security 6,606 Pensions 4,889 Rent and fees 14,931 Insurance 875 Motor Expenses 4,645 Telephone and Internet 8,998 Postage, statonery and advert 9,813 Carried forward 83,938 |
Governance Finance costs £ £ 455 13,488 - - - - - - - - - - - - - - - - - - 455 13,488 New Forces Ofce Together Costs Project £ £ - 9,284 - - - - 5,626 - - - - - - - 2,020 - 7,646 9,284 |
Totals £ 106,884 33,854 9,284 30,290 9,161 16,344 4,903 16,493 18,083 5,010 |
|---|---|---|
| 250,306 | ||
| On the Doorstep for Veterans Project £ 30,290 - - - - - - - |
||
| 30,290 |
Support costs, included in the above, are as follows:
Page 19
HULL 4 HEROES
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2023
8. SUPPORT COSTS - continued
| Brought forward Volunteer refreshments and expenses Ofce Costs Bank charges Accountancy and legal fees Wages Social security Pensions Rent and fees Insurance Motor Expenses Telephone and Internet Postage, statonery and advert Volunteer refreshments and expenses Ofce Costs Bank charges Accountancy and legal fees Wages Social security Pensions Rent and fees Insurance Motor Expenses Telephone and Internet Postage, statonery and advert Volunteer refreshments and expenses Ofce Costs Bank charges Accountancy and legal fees |
On the Doorstep Other New Forces for trading Ofce Together Veterans actvites Costs Project Project £ £ £ £ 83,938 7,646 9,284 30,290 346 4,050 - - 8,657 22,158 - - 455 - - - 13,488 - - - 106,884 33,854 9,284 30,290 Out & About for Suicide Veterans' NBF Food Veterans Preventon Allotments Collaboratve Project Project Project Project £ £ £ £ 9,161 16,344 4,903 11,500 - - - - - - - - - - - 2,500 - - - - - - - - - - - - - - - - - - - - - - - 2,493 - - - - - - - - 9,161 16,344 4,903 16,493 30.11.23 30.11.22 Force for Change - Force for Sport for Change All Total Total Project Project actvites actvites £ £ £ £ 18,083 5,010 137,756 106,924 - - 6,606 9,812 - - 4,889 4,326 - - 23,057 13,849 - - 875 2,077 - - 4,645 17,511 - - 8,998 5,083 - - 11,833 12,445 - - 4,396 6,585 - - 33,308 29,410 - - 455 419 - - 13,488 9,133 18,083 5,010 250,306 217,574 |
|---|---|
Page 20
HULL 4 HEROES
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2023
9. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 November 2023 nor for the year ended 30 November 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 November 2023 nor for the year ended 30 November 2022.
10. STAFF COSTS
| STAFF COSTS | ||
|---|---|---|
| 30.11.23 | 30.11.22 | |
| £ | £ | |
| Wages and salaries | 137,756 | 106,924 |
| Social security costs | 6,606 | 9,812 |
| Other pension costs | 4,889 | 4,326 |
| 149,251 | 121,062 | |
| The average monthly number of employees during the year was as follows: | ||
| 30.11.23 | 30.11.22 | |
| Administraton & management | 7 | 5 |
| No employees received emoluments in excess of £60,000. |
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donatons and legacies 207,243 Other trading actvites 88,508 Investment income 27 Total 295,778 EXPENDITURE ON Raising funds 105,043 Charitable actvites Veterans' Emergency Needs 2,002 Positve Pathway Afghan Project - Forces Together Project 253 On the Doorstep for Veterans Project - Out & About for Veterans Project 213 Suicide Preventon Project 799 Veterans' Allotments Project 333 Total 108,643 NET INCOME 187,135 RECONCILIATION OF FUNDS Total funds brought forward 214,139 |
Restricted fund £ 249,780 - 43 249,823 14,279 491 29,960 956 89,801 37,158 36,550 7,148 216,343 33,480 98,299 |
Total funds £ 457,023 88,508 70 545,601 119,322 2,493 29,960 1,209 89,801 37,371 37,349 7,481 324,986 220,615 312,438 |
|---|---|---|
Page 21
HULL 4 HEROES
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2023
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Unrestricted funds £ TOTAL FUNDS CARRIED FORWARD 401,274 |
Restricted fund £ 131,779 |
Total funds £ |
|---|---|---|
| 533,053 |
12. STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT
The Statement of Financial Activities includes a combined Income and Expenditure Account.
13. INDIVIDUAL MATERIAL RESTRICTED FUNDS
During the year an amount of £24,000 (2022 £80,000) was received as a National Lottery grant for the "Know Your Neighbourhood -On the Doorstep for Veterans" project. At 30 November 2023 £12,235 (2022 £35,050) remained unspent in Restricted Funds.
14. DESIGNATED FUNDS
At 30 November 2023 the charity held £143,552 in designated funds (2022 £167,332).
Of these £113,528 have been designated for the Veterans' Village property development project and £30,024 are held as a contingency fund.
15. INDEPENDENT EXAMINER REMUNERATION
| 30.11.23 | 30.11.22 | |
|---|---|---|
| Remuneraton receivable by the charity's independent examiner for the | ||
| preparaton and examinaton of the accounts. | 9,600 | 2,400 |
| Remuneraton receivable by the charity's independent examiner in respect of any | ||
| other fnancial services rendered to the charity, such as consultancy, fnancial | ||
| advice or accountancy services. | 288 | 2,388 |
16. TANGIBLE FIXED ASSETS
| COST At 1 December 2022 Additons At 30 November 2023 DEPRECIATION At 1 December 2022 Charge for year At 30 November 2023 NET BOOK VALUE At 30 November 2023 At 30 November 2022 |
Land and Plant and Buildings machinery £ £ 80,580 8,921 11,780 - 92,360 8,921 - 2,589 - 1,583 - 4,172 92,360 4,749 80,580 6,332 |
Fixtures and ftngs £ 3,065 - 3,065 1,732 333 2,065 1,000 1,333 |
Motor vehicles £ 21,960 - 21,960 10,379 2,895 13,274 8,686 11,581 |
Totals £ 114,526 11,780 126,306 14,700 4,811 19,511 106,795 99,826 |
|---|---|---|---|---|
Page 22
HULL 4 HEROES
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2023
16. TANGIBLE FIXED ASSETS - continued
The amounts in respect of land and buildings represent certain costs in respect of the design, planning and associated preparatory work for the Veterans Village property development.
| 17. | STOCKS | ||
|---|---|---|---|
| 30.11.23 | 30.11.22 | ||
| £ | £ | ||
| Shop Stocks for resale | 3,531 | 3,813 | |
| 18. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 30.11.23 | 30.11.22 | ||
| £ | £ | ||
| Trade debtors | 1,988 | 1,150 | |
| Other debtors | 1,452 | 14,118 | |
| Prepayments | 1,811 | 539 | |
| 5,251 | 15,807 | ||
| 19. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 30.11.23 | 30.11.22 | ||
| £ | £ | ||
| Trade creditors | 6,357 | 18,730 | |
| Social security and other taxes | 177 | 1,078 | |
| Accrued expenses | 27,366 | 10,831 | |
| 33,900 | 30,639 |
20. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
| 30.11.23 | 30.11.22 | |
|---|---|---|
| £ | £ | |
| Within one year | 19,200 | 19,200 |
| Between one and fve years | 57,600 | 76,800 |
| 76,800 | 96,000 |
Lease payments recognised as an expense in the year total £19,200 (2022 £2,880).
Page 23
HULL 4 HEROES
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2023
21. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net | Transfers | |||
| At | movement | between | At | |
| 1.12.22 | in funds | funds | 30.11.23 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 233,942 | 90,483 | (68,537) | 255,888 |
| Designated Fund | 167,332 | - | 68,580 | 235,912 |
| 401,274 | 90,483 | 43 | 491,800 | |
| Restricted funds | ||||
| Restricted | 131,779 | (39,391) | (43) | 92,345 |
| TOTAL FUNDS | 533,053 | 51,092 | - | 584,145 |
| Net movement in funds, included in the above | are as follows: | |||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 247,725 | (157,242) | 90,483 | |
| Restricted funds | ||||
| Restricted | 192,617 | (232,008) | (39,391) | |
| TOTAL FUNDS | 440,342 | (389,250) | 51,092 | |
| Comparatves for movement in funds | ||||
| Net | ||||
| At | movement | At | ||
| 1.12.21 | in funds | 30.11.22 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 126,623 | 107,319 | 233,942 | |
| Designated Fund | 87,516 | 79,816 | 167,332 | |
| 214,139 | 187,135 | 401,274 | ||
| Restricted funds | ||||
| Restricted | 98,299 | 33,480 | 131,779 | |
| TOTAL FUNDS | 312,438 | 220,615 | 533,053 |
Page 24
HULL 4 HEROES
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2023
21. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Designated Fund Restricted funds Restricted TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 215,962 (108,643) 107,319 79,816 - 79,816 295,778 (108,643) 187,135 249,823 (216,343) 33,480 545,601 (324,986) 220,615 |
|---|---|
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 1.12.21 in funds £ £ 126,623 197,802 87,516 79,816 214,139 277,618 98,299 (5,911) 312,438 271,707 |
Transfers between At funds 30.11.23 £ £ (68,537) 255,888 68,580 235,912 43 491,800 (43) 92,345 - 584,145 |
|---|---|---|
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 Movement resources expended in funds £ £ £ 463,687 (265,885) 197,802 79,816 - 79,816 543,503 (265,885) 277,618 442,440 (448,351) (5,911) 985,943 (714,236) 271,707 |
|---|---|
Page 25
HULL 4 HEROES
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2023
22. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 November 2023.
Page 26
HULL 4 HEROES
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2023
| 30.11.23 | 30.11.22 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donatons and legacies | ||
| Donatons | 110,362 | 207,243 |
| Grants | 192,617 | 249,780 |
| 302,979 | 457,023 | |
| Other trading actvites | ||
| Fundraising receipts | 117,929 | 65,587 |
| Merchandising receipts | 17,190 | 22,921 |
| 135,119 | 88,508 | |
| Investment income | ||
| Bank interest received | 2,244 | 70 |
| Total incoming resources | 440,342 | 545,601 |
| EXPENDITURE | ||
| Other trading actvites | ||
| Fundraising, inc merchandising | 49,611 | 46,341 |
| Costs associated with obtaining grant funding | 10,826 | 22,210 |
| Costs associated with Covid 19 | - | 898 |
| Plant and machinery | 1,583 | 1,957 |
| Fixtures and ftngs | 333 | 598 |
| Motor vehicles | 2,895 | 3,860 |
| 65,248 | 75,864 | |
| Charitable actvites | ||
| Veterans' emergency needs | 13,610 | 2,493 |
| Veterans' Village development costs | 7,977 | - |
| Veteran Allotment Project | 7,437 | 1,357 |
| Forces Together Project | - | 1,209 |
| Suicide Preventon Project | 5,286 | 2,945 |
| On the Doorstep for Veterans | 11,066 | 4,589 |
| Out & About for Veterans | 1,386 | 10,749 |
| PositvePathway Afghan Project | - | 8,206 |
| Cost of Living Project | 5,001 | - |
| Force for Change Project | 2,037 | - |
| Sportng Force Project | 9,289 | - |
| Eat Well For Less Project | 2,000 | - |
| NBF Food Collaboratve | 8,607 | - |
| 73,696 | 31,548 | |
| Support costs | ||
| Management | ||
| Wages | 137,756 | 106,924 |
| Carried forward | 137,756 | 106,924 |
This page does not form part of the statutory financial statements
Page 27
HULL 4 HEROES
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2023
| 30.11.23 | 30.11.22 | |
|---|---|---|
| £ | £ | |
| Management | ||
| Brought forward | 137,756 | 106,924 |
| Social security | 6,606 | 9,812 |
| Pensions | 4,889 | 4,326 |
| Rent and fees | 23,057 | 13,849 |
| Insurance | 875 | 2,077 |
| Motor Expenses | 4,645 | 17,511 |
| Telephone and Internet | 8,998 | 5,083 |
| Postage, statonery and advert | 11,833 | 12,445 |
| Volunteer refreshments and expenses | 4,396 | 6,585 |
| Ofce Costs | 33,308 | 29,410 |
| 236,363 | 208,022 | |
| Finance | ||
| Bank charges | 455 | 419 |
| Governance costs | ||
| Accountancy and legal fees | 13,488 | 9,133 |
| Total resources expended | 389,250 | 324,986 |
| Net income | 51,092 | 220,615 |
This page does not form part of the statutory financial statements
Page 28