**Charity number 1173832**
## **Hope and Soul**
**Financial Statements for the year ended 31 December 2022**
**Accounts for the year to**
**Hope and Soul**
**31 December 2022**
## **Charity Information**
|Charity Name:|Hope and Soul|
|---|---|
|Charity registration number:|1173832|
|Address:|38 Keats Close
Waterlooville
Hampshire
PO8 8LA|
|||
|Bankers:|Lloyds Bank
272 London Road
Waterlooville
Portsmouth
PO7 7HN|
## **Trustees**
||Hope Prosser
Noel Mooney (resigned 10 May 2022)
Caroline Prosser
Ian Barter (appointed 3 May 2022)|Graham Prosser
Charlotte Gibson (resigned 5 May 2022)
Amy Bowles
Jacqueline Barter (appointed 3 May 2022)|
|---|---|---|
The trustees are pleased to present their report and the financial statements of the charity for the year ended 31 December 2022.
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**Accounts for the year to**
**Hope and Soul**
## **The Trustees Report for the year ended 31 December 2022**
The Trustees present their report and accounts for the year ended 31 December 2022.
## **Status**
Hope and Soul is a Charitable Incorporated Organisation (CIO) and is a registered Charity (number 11738327).
## **Constitution and Objectives**
The objectives of the CIO are:
- For the public benefit, the relief and assistance of orphaned children aged up to 18 years old living in Tanzania, by the provision of a safe housing facility.
- To advance the education and support the wellbeing of children in Tanzania by providing and assisting in the provision of appropriate facilities. Specifically street connected children who lack access to public school services due primarily to poverty.
- The prevention or relief of poverty in Tanzania for “at risk” single parent families and young people by providing or assisting in the provision of education, training, healthcare projects and all the necessary support designed to enable individuals to generate a sustainable income and be self-sufficient.
## **Activities**
The following main activities have been planned and undertaken with consideration to the Charities Act and the Charities (Accounts and Reports) 2008 Regulations, specifically Section 17(5). This guidance on public benefit has been read and reviewed by all trustees and our charity objectives are in accordance with the public benefit. We confirm the trustees have had regard to the Charity Commission's guidance on public benefit.
Our mission at Hope and Soul is to alleviate poverty by creating sustainable solutions that foster self-sufficiency and improve the quality of life for children and single mothers living in poverty.
We are dedicated to supporting physical, mental, emotional, and spiritual needs.
Our aim is to improve access to education, and to support disadvantaged families in meeting their basic needs.
We believe that every child has the right to a quality education and that by investing in their futures, we can create a brighter and more equitable world.
We provide a child sponsorship programme that offers comprehensive support. This support may include school fees, providing school uniforms, ensuring access to food, facilitating transportation, supplying clothes and shoes, school bags and books, taking care of healthcare costs, and providing counselling. Additionally, we organise social outings for the children.
## Single mothers
We deliver a diverse range of support to single mothers. This support may include assisting with rent payments, providing a weekly food allowance, covering healthcare expenses, supporting college fees, offering training opportunities, providing funding for business startups, and offering counselling services.
## **Achievements and Developments**
We provide support to approximately 100 children, young people, and single mothers.
During the year, we have enabled children to access education and supported their welfare needs.
3
**Accounts for the year to**
**Hope and Soul**
We have supported single parents towards self-sufficiency by enabling training and businessstarts ups.
We have improved the infrastructure of some of the children and families’ homes, making them safe spaces.
Our commitment to local community is evident in various ways. We have hired staff locally and utilise services from the community. Our substantial weekly expenditure at local markets contributes to the enhancement of the local economy.
## **Review of Financial Activities**
The Statement of Financial Activities shows that the income has increased since last year, which has enabled the charity to increase both the expenditure on its activities and the funds available for future expenditure.
## **Statement of the Trustees’ Responsibilities**
The Trustees are required under the constitution of the charity to prepare financial statements for each financial year of the charity and of its results for that period.
The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the CIO. They are also responsible for safeguarding the assets of the CIO and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Accounting Policies**
The accounting policies are detailed in the notes to the accounts.
## **Trustees known as The Board**
Those who have served or are currently serving as members of the Board are shown in the Charity Information page.
Date signed as authorised by the Trustees
……………………………………………….
……………………………………………….
4
**Accounts for the year to**
**Hope and Soul**
**31 December 2022**
## **Independent Examiner’s Report on the Accounts**
Report to the trustees of Hope and Soul on the accounts for the year ended 31 December 2022 set out on pages 6 to 10.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner’s statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view, and the report is limited to those matters set out in the statement below.
## **Independent Examiner’s Statement**
In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in, any material respect, the requirements:
- to keep accounting records in accordance with section 130 of the Charities Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed: Date: Name: Andrew Gadoros Relevant professional qualifiFCA cation(s) or body (if any): Address: The Quadrant Centre Limes Road Weybridge Surrey, KT13 8DH
5
**Accounts for the year to**
**Hope and Soul**
**31 December 2022**
## **Statement of Financial Activities**
|**Income**
_Income from charitable activities:_
Donations
Fundraising events
Other revenue
Gift Aid received
Increase in loan from
trustee
_Investment income:_
Interest received
**Total income**
**Expenditure**
_Charitable expenditure:_
Family support
Street children
Orphanage
Housebuild
Other charitable expenses
Administrative expenses
Governance costs
**Total Expenditure**
**Net movement in funds**
**for the year**
**Funds b/fwd**
Transfer
**Funds c/fwd**|**Unrestricted**
**Funds**
53,035
12,163
-
8,484
73,682
3,186
-
**76,868**
37,624
7,483
10,969
-
14,667
70,743
2,668
300
**73,711**
3,157
15,711
-
**18,868**|**Restricted**
**Funds**
27,389
-
-
-
27,389
-
-
**27,389**
12,642
-
-
14,682
65
27,389
-
-
**27,389**
-
-
-
**-**|**Total**
**Funds**
**2022**
80,424
12,163
-
8,484|
|---|---|---|---|
||||101,071|
||||3,186
-|
||||**104,257**|
||||50,266
7,483
10,969
14,682
14,732|
||||98,132|
||||2,668
300|
||||**101,100**|
||||3,157
15,711
-|
||||**18,868**|
All activities of the charity are classified as continuing.
Signed as authorised by the Trustees
………………………………. Date ………………………………..
………………………………. Date ………………………………..
6
**Accounts for the year to**
**Hope and Soul**
**31 December 2022**
## **Statement of Financial Activities**
|**Note**
**Income**
_Income from charitable_
_activities:_
Donations
Fundraising events
Other revenue
Loan from trustee
_Investment_
_income:_
Interest received
**Total income**
**Expenditure**
_Charitable expenditure:_
Food
Street children
Medicines
Family support
Orphanage
Other expenses
Asset and investment
purchases
**Total expenditure**
**Net movement**
**in funds for the**
**year**
**Funds b/fwd**
Transfers
**Funds c/fwd**|**Unrestricted**
**Funds**
32,333
1,849
140
34,322
8,907
43,229
-
**43,229**
4,306
4,416
1,047
19,584
859
20,131
50,344
-
**50,344**.
(7,115)
**20,143.**
2,683.
**15,711**|**Restricted**
**Funds**
30,064
-
-
30,064
-
30,064
-
**30,064**
1,753
3,156
113
20,428
3,237
1,377
30,064
-
**30,064**
-
**2,683**
(2,683)
**-**|**Total**
**Funds**
**2021**
62,397
1,849
140
64,386
8,907
73,292
-
**73,292**
6,059
7,572
1,160
40,012
4,096
21,508
80,408
-
**80,408**
(7,115)
**22,826.**
-|
|---|---|---|---|
||||**15,711**|
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**Accounts for the year to**
**Hope and Soul Accounts for the year to 31 December 2022**
## **Statement of Assets and Liabilities as at 31 December 2022**
|**Notes**
**Unrestricted**
**Funds**
**2022**
**Cash funds**
Current accounts
18,868
**Total cash funds**
**18,868 **
**Other monetary assets**
Gift aid claim y.e. 31.12.2019
-
Gift aid claim y.e. 31.12.2020
1,539
Gift aid claim y.e. 31.12.2021
2,673
Gift aid claim y.e. 31.12.2022
4,005
**7,217 **
**Investment assets**
**Total investment assets**
**- **
**Liabilities**
Loan from trustee
(12,093)
**Total liabilities**
**(12,093) **
Signed as authorised by the Trustees
………………………………
Date …
………………………………
Date …|**Restricted**
**Funds**
**2022**
-
**-**
-
-
-
-
-
**-**
-
**-**
…………………………
…………………………|
**Total**
**Funds**
**2022**
18,868
**18,868**
-
1,539
2,673
4,005
**7,217**
**-**
(12,093)
**(12,093)**
……
……|
**TOTAL**
**2021**
15,711|
|---|---|---|---|
||||**15,711**|
||||5,117
2,866
3,143
-|
||||**11,126**|
|||||
||||**-**|
||||(8,907)|
||||**(8,907)**|
|||||
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**Accounts for the year to**
**Hope and Soul**
**31 December 2022**
## **Notes on the accounts**
## **1 Accounting Policies**
The principal accounting policies adopted in the preparation of the financial statements are as follows:
## **Basis of preparation**
As a charity registered in England and Wales that is not a company and with gross income of less than £250,000, Hope and Soul is allowed under section 133 of the Charities Act 2011 (‘the Charities Act’) to prepare receipts and payments accounts.
The financial statements have been prepared on that basis.
## **Preparation of the accounts on a going concern basis**
It is assumed that the charity as a going concern, it has sufficient available resources (financial, volunteers and support) to continue the operations that it carries out at present and those that are planned for the foreseeable future.
## **Income**
Income is recognised when the charity receives the funds and any performance conditions attached to the item of income have been met.
## **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 notification of the interest paid or payable by the Bank.
## **Fund accounting**
Unrestricted funds are available to spend on activities that further any of the purposes of charity. At present, all the funds of the charity are included in this category.
Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.
Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work.
## **Expenditure and irrecoverable VAT**
Expenditure is recognised once payment has been made.
The trustees have reassessed the disclosure of the expenses in the Statement of Financial Activity and as such the expense headings used have changed from the previous period in order to better reflect the operations of the charity. The comparative figures have not been reanalysed as to do so is considered not to be cost efficient.
The charity is not registered for VAT and irrecoverable VAT on expenditure is charged as a cost against the activity for which that expenditure was incurred.
No trustees received any remuneration in the year, nor were any expenses paid by the charity to members of the Board in respect of their duties as trustees of the charity.
## **Allocation of support costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs and governance costs which support the charity’s activities.
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**Accounts for the year to**
**Hope and Soul**
## **Cash at bank and in hand**
Cash at bank and cash in hand includes all bank accounts (including the PayPal account) and cash on hand.
## **Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value.
## **2 Legal status of the charity**
The charity is an independent charity, registered at the Charity Commission under Charity Number 1173832. The registered contact is Ms Hope Prosser.
## **3 Staff expenses**
The trustees received no expenses, remuneration or benefits in the period.
## **4 Related party transactions**
There are no related party transactions to be reported.
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