Annual Report and Financial Statements for the Year Ended 30 September 2024 Hope Into Action: Mid Sussex Charity registratlon number.. 1173235 Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex P018 8NF
HOPE INTO ACTION: MID SUSSEX CONTENTS Reference and Administrative Details Trustees, Report 2to5 Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Flnanclal Statements 9t016
HOPE INTO ACTION: MID SUSSEX REFERENCE AND ADMINISTRATIVE DETAILS Trustees Graham Barnes (resigned 2 December 2024) Janet Pack Valerie Maynard MBE Nigel Maynard (resigned 2 November 2023) Steve Osborne Charity Registration Number 1173235 Prlncipal Office The King's Centre 33-35 Victoria Road Burgess Hlll West Sussex RH15 9LR Independent Examiner G W Schulz FCMA Independent Examiners Ltd 2 Broadbridge Business Centre Delling Lane Bosham Chichester West Sussex P018 8NF Bankers Natlonal Westmlnster Bank plc l Muster Green Haywards Heath West Sussex RH16 4AP Page I
HOPE INTO ACTION: MID SUSSEX TRUSTEES, REPORT The Trustees present the annual report together with the financial statements of the charity for the year ended 30 September 2024. Objectives and activities Objects and aims The principal object of the charity is to provide supported housing in the Mid Sussex region to those who are homeless or insecurely housed. Public benefit The Trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guSdance published by the Charity Commisslon for England and Wales. Achievements and performance Working in conjunttion with local churches, Hope Into Actlon: Mld Sussex provides supported housing In the Mld Sussex region to those who are homeless or insecurely housed. It enables churches to use their resources in partnership with the charity to provide shared housing of a high standard, and friendship, support, advocacy and advice to vulnerable adults in the community, The charity's model is to use investment resour5 to buy a property, typically suitable for three tenants. Each tenant has their own room and use of a communal lounge, kitchen and bathroom. The house is linked to a local church that provldes a positlve communityi friendshipi mentoring and support. A profe55ional Empowerrnent Worker provides expertise to the tenants In applying for benefits and for jobs, liaising with other support agencies and agreeing a 'personal development plan, to help them progress and move on successfully into independent accommodation. Thls Is a holistlc approach. We first meet the immediate practical needs of the tenant, then help them address the underlying causes which led to them being In poverty. The positive framework of relationship through the Empowerment Worker and the church's friendship and support team plays a significant role in helping tenants to move out of poverty. Thls is our seventh full year of operation, and we continue to run five houses, The owner of one of our properties needed to release some equity part way through their 5 year business lease, which was a challenge. We have successfully secured additional investment of £355,000 in order to buy them out and avoid having to sell the property. Our occupancy for the year was 940/0, a strong figure given many tenants moving on throughout the year. In April 2024 we employed a part time 'Empowerment Worker. in Crawley, to provide the professional support to the 7 tenants (4 adults & 3 children) in two houses in the town. This was a successful appointment, with tenants developing a strong working relationship with her, and beginning to strengthen partnerships with other agencies in Crawley. Page 2
HOPE INTO ACTION: MID SUSSEX TRUSTEES. REPORT (CONTINUED) At 30 September 2024, we were housing and supporting sixteen tenants across five houses. In addition, four tenants moved out of our supported housino during this financial year, three moving into independent accommodation and one returning to prison. The majority of our tenants made progress in the areas in which support was needed, including improved mental health and finding employment. All of our tenants that had a previously problematic relationship with alcohol or substances were rnaking great progress in their recovery. We are keeping in contact with the majority of tenants that have moved out of our supported accommodation. This provides friendship & support for the longer term, but also gives us good data to prove that our model is working, breaking cycles of homelessness. We have continued to develop and strengthen our partnerships with the three churches providing friendship & support to our tenants Christ Church Haywards Heath, St John's, Crawley and The King's Church Mid Sussex. St John's identified new co-ordinators to oversee their group, which has resulted in a higher level of engagement, and an increase in the number of befrienders meeting with tenants. Most tenants have a befriender in place and meet with them regularlyi providing a listening ear, wise advice and time to explore issues both present and past. We have provided training for the volunteers locally, and they have also been able to access national training with other groups. Hope Into Actlon: Mld Sussex Is a franchise of Hope into Actlon UK, whlch provldes us with training, support, advice and expertise. We have aéopted their policies, with minor adaptations as needed. Representatives of Hope into Action UK carry out regular audits of our houses and meet with our tenants, to ensure that standards are maintained and risks are managed appropriatelyi With the wellbeing of our tenants being paramount. Plans for the charity going forward Over the next year, we will continue to search for additional investment towards a sixth house In East Grlnstead. We will rnalntaln a high level of occupancy and empower our tenants to find employment, remain substance free and secure their independent ccommodation. A particular focus 15 to improve the relationship with Crawley Borough Council, to ensure that we receive housing benefit for eliglble tenants, and to create move on pathways for tenants in our Crawley properties. We will seek to increase the number of people within the Friendship and Support groups, as this is a unique aspect of our supported housing model, and one that helps our tenants to transform their lives. Financial review Income for the year was £147,558 (2023 £154,679) and expenditure £134,507 (2023 £133,923). General funds carried forward amounted to £45,638. Going concern After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Page 3
HOPE INTO ACTION: MID SUSSEX TRUSTEES. REPORT (CONTINUED) structure¥ governance and management Nature of governing document Hope Into ActSon: Mid Sussex is a registered charity, number 1173235, and is constltuted under a Trust deed. Recruitment and appointment of Trustees The management of the charity is the responsibillty of the Trustees who are elected and co-opted under the terrns of the Trust deed. Risk management The trustees have assessed the major risks to which the Charity is exposed, in particijlar those related to the operations and finances of the Charity, and are satisfied that systems and prOdureS are in place to mitigate exposure to the major risks. Page 4
HOPE INTO ACTION: MID SUSSEX TRUSTEES, REPORT (CONTINUED) Statement of Responsibilities The Trustees are responsible for preparing the TrLJStees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. The law applicable to charitles 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 charlty and of the incoming resources and applicatlon of resources of the charity for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent. • state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. and prepare the financial statements on the going concern basis unless it Is inapproprlate to presume that the charity will contlnue in business. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Att 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The Trustees 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 irregu larltles. The annual report was approved by the Trustees of the charity on 2 June 2025 and signed on its behalf by.. Janet Pack Trustee Valerie Maynard Trustee BE Steve Trustee orne Page 5
HOPE INTO ACTION: MID SUSSEX INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOPE INTO ACTION: MID SUSSEX I report to the Trustees on my examination of the accounts of Hope Into Action: Mid Sussex for the year ended 30 September 2024. Responsibilities and basis of report As the charity Trustees of Hope Into Attion: Mid Sussex you are responsible for the preparatlon of the accounts in accordance with the requirements of the Charitles Act 2011 {'the Act.). I report in respect of rny examination of the Hope Into Action.. Mid Sussex's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the 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 Hope Into Action: Mid Sussex 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 accounting 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 thls report In order to enable a proper understanding of the accounts to be reached. G W Schulz FCMA Independent Examiners Ltd 2 Broadbridge Business Cent Delling Lane Bosham Chichester West Sussex P018 8NF 2 June 2025 Page 6
HOPE INTO ACTION: MID SUSSEX STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2024 Unrestricted Restricted funds f unds Tota I 2024 Total 2023 Note Income and Endowments from: Donations and legacies Charitable activities Investment income 14,732 108,549 23,180 37,912 108,549 62,443 92,220 16 Total income 124 378 147 558 154 679 Expenditure on: Cha ritable activities 111 453 134 507 133 923 Total expenditure 111 453 134 507 133 923 Net income 126 Net movement In funds 12,925 126 13,051 20,756 Reconcillatlon of funds Total funds brought forward 17,284 49,997 29,241 Total funds carried forward 12 The notes on pages 9 to 16 form an integral part of these financial statements. Page 7
HOPE INTO ACTION: MID SUSSEX BALANCE SHEET AS AT 30 SEPTEMBER 2024 2024 2023 Note Current assets Debtors Cash at bank and in hand 3,000 3,763 79,021 65,196 Creditors: Arnounts falling due within one year Net assets Funds of the charity: Restricted income funds Restricted funds 17,410 17,284 Unrestrlcted income funds Unrestricted funds Total funds 12 The financial statements on pages 7 to 16 were approved by the Trustees, and authorlsed for Issue on 2 June 2025 and signed on thelr behalf by: Janet Pack Trustee lJ..l....Il L kh,... Valerie MaynarjMBE Trustee steve Osborne Trustee The notes on pages 9 to 16 form an integral part of these financial statements. Page 8
HOPE INTO ACTION: MID SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 l Accounting policies ststement of compliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Prattice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019) (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. Basis of preparation Hope Into Action.. Mid Sussex meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention wlth items recognised at cost or transaction value unless otherwise stated In the relevant note(s) to these accounts. Golng concern The Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. Income and endowments Voluntary income including donations, gifts, legacies and grants that provlde core funding or are of a general nature is CogniSed when the charity has entitlement to the income, it is probable that the income will be received and the amount can be rneasured with sufficient reliability. Donations and legacies Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be rellably measured. Grants receivable Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purpose5 but not expended during the period Is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlernent occurs before income is received, the income is accrued. Gift aid Incoming resources from tax reclaims are included in the Statement of Financial Activities at the sarne time as the gift to which they relate. Page 9
HOPE INTO ACTION: MID SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED) Interest receivable Interest on funds held on deposit is Included when receivable and the amount can be measured reliably by the charity; this is normally upon notificatton of the interest paid or payable by the institution with whom the funds are deposited. Expenditure All expenditure Is recognlsed once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. All resources expended are Inclusive of irrecoverable VAT. Charitable artivities Charltable expendlture comprlses those costs Incurred by the charlty In the dellvery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Taxation The charity 15 considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it meets the definltlon of a charitable company for UK corporation tax purposes. Accordinglyi the charity Is potentlally exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I l of the Corporatlon Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Debtors Trade and other debtors a recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand Cash at bank and in hand Includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Page 10
HOPE INTO ACTION: MID SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED) Liabilities Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it wlll pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Fund structure Unrestricted income funds are general funds that are available for use at the Trustees discretion in furtherance of the objectives of the charity. Restritted income funds are those donated for use in a particular area or for speciflc purposes, the use of which is restrirted to that area or purpose. Pensions and other post retirement obllgatlons The charity operates a defined contribution pension scheme which Is a pension plan under which fixed contributions are paid into a penslon fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. Contributlons to defined contribution plans are recognised In the Statement of Financlal Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment. 2 Income from donations and legacies Unrestricted funds General Restricted funds Total 2024 Total 2023 Donations and legacies; Donations Gift aid reclaimed Grants, including capitsl grants. Grants from other charities Other income from donations and legacies 12,205 595 3,030 150 15,235 745 9,989 690 20,000 20,000 44,500 1,932 7,264 Page 11
HOPE INTO ACTION: MID SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED) 3 Income from charitable activities Unrestricted funds General Restricted funds Total 2024 Total 2023 Charitable activities 108 549 108 549 4 Investment income Unrestricted funds General Restricted funds Total 2024 Total 2023 Interest receivable and sirnilar income,. Interest CeiVable on bank deposits 16 5 Expenditure on charitable activities Unrestricted funds General Restricted funds Total 2024 Total 2023 Note Premises costs Repairs and renewals Tenant support Stsff expenses General administration Insurance Franchise fee Training Independent examination Staff costs 48,390 1,929 12 2,059 402 48,792 1,929 2,161 2,059 43,509 6,945 542 2,047 2, 149 2,289 1,869 1,500 1,554 2,289 1,869 1,500 1,554 1,908 1,524 1,500 1,288 1,134 1,134 1,080 111 453 134 507 133 923 Page 12
HOPE INTO ACTION: MID SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED) 6 Trustees remuneration and expenses No Trustees received remuneration (2023 manager) In the current period. No Trustees recelved benefits in kind in the form of pension contributions (2023 - One Trustee £ 1,382) in the current period. The only other payments made to the Trustees, or any person connected with them, consisted of reimbursements of expenditure incurred on behalf of the charity in furthering the charity's objects. One Trustee £17,627 as operational 7 Staff costs The aggregate payroll cost5 were a5 follows; 2024 2023 Staff costs during the year were: Wages and salaries Social security costs Pension costs 65,712 311 68,039 221 The monthly average number of persons (including senior management I leadership team) employed by the charlty during the year expressed as full time equivalents was as follows: 2024 No 2023 No staff No employee received emoluments of more than £60,000 during the year 8 Debtors 2024 2023 Accrued income Other debtors 778 33 Page 13
HOPE INTO ACTION= MID SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED) 9 Creditors: amounts falling due within one year 2024 2023 Other creditors Accruals 6,896 6,257 10 Obligations under leases and hire purchase contracts Operating lease commitments Total future minimum lease payments under non-cancellable operating leases are as follows: 2024 2023 Land and buildings Within one year Between one and five years 32,620 27,246 110 060 11 Pension and other schemes Defined contribution pension scheme The charity operates a defined contribution pension scheme. The penslon cost charge for the year represents contributions payable by the charity to the scheme and amounted to £5,197 (2023 £5,320). Contributions totalllng £374 (2023 £356) were payable to the scheme at the end of the year and are included tn creditors. Page 14
HOPE INTO ACTION: MID SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEvfEMBER 2024 (CONTINUED) 12 Funds Balance at 30 September 2024 Balance at l October 2023 Incorning resources Resources expended Unrestricted funds General General Funds 32,713 124,378 (111,453) 45,638 Restricted funds Staff fund Tenant support fund 15,444 20,750 (20,503) 15,691 Total funds 134 507 Balance at 30 September 2023 Balance at l October 2022 Incomlng resources Resources expended Unrestricted funds General General Funds 27,723 107,462 (102,472) 32,713 Restricted funds Specific gifts staff fund Tenant support ftjnd IT fund 5,000 40,250 1,967 (5,000) (24,806) (1,145) 500 15,444 1,840 1,018 500 Total funds 154 679 133 923 Page 15
HOPE INTO ACTION: MID SUSSEX NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 (CONTINUED) 13 Analysis of net assets between funds Total funds at30 Restricted September funds 2024 Unrestricted funds General Current assets Current liabilities 61,611 17,410 79,021 Total net assets Total funds at30 Restrirted September funds 2023 Unrestricted funds General Current assets Current liabilities 47,912 17,284 65,196 Total net assets Page 16