Charity number 1173832 Hope and Soul Financial Statements for the year ended 31 December 2024
Hope and Soul Accounts for the year to 31 December 2024 Charity Information Charit Name: Charity registration number: Ho e and Soul 1173832 Address: 38 Keats Close Waterlooville Hampshire P08 8L4 Bankers: Lloyds Bank 272 London Road Waterlooville Portsmouth P07 7HN Trustees Hope Prosser (resigned 12 May 2025) Carollne Prosser Ian Barter Mark Gidney (appointed 19 May 2024) Dawn Trimby (appointed 12 May 2025) Richard Dlckin (appointed 12 May 2025) Graham Prosser (reslgned 12 May 2025) Amy Bowles Jacquellne Barter Susan Gldney (appointed 19 May 2024) Philippa Dlckln (appolnted 12 May 2025) The trustees are pleased to present thelr report and the financial statements of the charlty for the year ended 31 December 2024.
Hope and Soul Accounts for the year to 31 December 2024 The Trustees Report for the year ended 31 December 2024 The Trustees present their report and accounts for the year ended 31 December 2024. Status Hope and Soul is a Charitable Incorporated Organisation (CIO) and is a registered Charity (number 1173832). Constitution and ObJectlves The objectlves of the CIO are: For the public beneflt, the relief and assistance of orphaned children aged up to 18 years old living in Tanzania, by the provlslon of a safe housing facility. To advance the educatlon and support the wellbeing of children in Tanzanla by provid- Ing and assisting in the provislon of approprlate facilities. Specifically street connected children who lack access to public school servlces due prlmarlly to poverty, The prevention or relief of poverty In Tanzania for.at risk" single parent famllles and young people by providing or assisting in the provislon of education, trainingi healthcare projects and all the necessary support designed to enable Individuals to generate a sustainable Income and be self-sufficient. Actlvltles The followlng maln actlvitles have been planned and undertaken wlth conslderatlon to the Charities Act and the Charltles (Accounts and Reports) 2008 Regulations, speclfically Section 17(5). This guidance on publlc benefit has been read and reviewed by all trustees and our charity objectlves are in accordance with the public beneflt. We conflrm the trustees have had regard to the Charity Commission's guidance on publlc benefit, Our mlssion at Hope and Soul Is to allevlate poverty by creating sustainable solutlons that foster self-sufficlency and improve the quality of life for children and slngle mother5 living in poverty. We are dedlcated to 5UPPOrting physical, mental, emotional, and spiritual needs. Our aim is to improve access to education, and to support disadvantaged famllles In meeting thelr baslc needs. We believe that every child has the right to a quality education and that by investing In thelr futures, we can create a brighter and more equitable world. We provide a child sponsorshlp programme that offers comprehensive support. Thls 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. We deliver a diverse range of support to "at risk" 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 start-ups, and offering counselling services.
Hope and Soul Accounts for the year to 31 December 2024 Achievements and Developments 2024 Impact Summary In 2024, Hope and Soul Tanzania: Funded education for 101 children and young people who had no other way to access learning. from daycare to university Launched a free daycare centre for 15 vulnerable children, creating flve local jobs. Supported every chlld at Christlan Women Orphanage Care with education, essentials, and joyful celebrations. Helped two young people transltlon off the streets Into stable education and safe hous- ing. Enabled slx mothers to work towards flnancial Independence through small buslness training and start-up funding. Bullt a permanent home for a slngle mother and her flve chlldren, reducing the famlly's vulnerability and need for ongoing rental support. Achlevement # l Transforming Futures Through EducatSon and Early Chlldhood Care In 2024, Hope and Soul Tanzania ensured 101 chlldren and young people could pursue thelr education children who otherwise would have had no path to school or hlgher learnlng. 78 chlldren attended prlmary school with all fees, unlforms, resources, and boarding supplies provided. Most were placed in English-medium schools to maxlmlse thelr chances of progressing through ordinary level and beyond. 23 young people were supported through ordlnary level, advanced level, and unlverslty studies, receiving everything they needed to succeed. Every beneficiary was carefully assessed to confirm they had no other means to access educatlon, making our continued support truly life-changlng, In August, we launched a free daycare centre in Sakina, Matejoo, Kwa Glrlkl, servlng 15 chll- dren aged 1-5 from the most vulnerable local families. This safe, nurturing space enables parents especially single parents to work and provide for their families, knowing their children are cared for. The daycare has also created five local jobs, further strengthening the community. We were proud to receive three places for "fit person" training from Arusha City Social Wel- fare. Four trained carers now provide dedicated foster care for children unable to live wlth their famllles ensuring safetyi love, and stability for our most vulnerable cases. Achievement #2 - Caring for Children at Christian Women Orphanage Care Throughout 2024, we stood alongside every child living at Christian Women Orphanage Care in Uswalini, Arusha: Provided uniforms, shoes, school bags, books, and stationery.
Hope and Soul Accounts for the year to 31 December 2024 Covered key school costs - including food, remedial lessons, exam fees, and specialist teaching contributions. Funded private tuition during school breaks to help children keep up and thrive. Beyond academics, the children enjoyed the companionship of international volunteers, de- veloping social and emotional skills through play and teamwork. Volunteers also brought clothingi shoesi games, and learnlng resources. At Christmas, thanks to sponsorshipi each child received new clothes and shoes, festive meals, decorationsi games, and gifts a celebration filled with joy and dignity. Two young people graduated from secondary school thls year and transltloned from the or- phanage wlth our ongoing commltment to gulde them into higher education and Independent living. Recognising the growing emotional needs of older residents, we plan to introduce coun- selling services in 2025. Achievement #3 Changing the Story for Young People in Further Education Among the 23 young people we supported in hlgher educatlon were two who had once Ilved full-time on the streets of Arusha. With consistent care, safe houslng durlng school breaks, nutrltious meals, clothing, counsellSng, and extracurricular opportunities, both are now thriv- ing students successfully completing Form Three In 2024. Our team also works to rebulld family connections, laying the groundwork for long-term re- Integration and stablllty. Achievement #4 - Bullding Self-Rellance and Sustainable Futures In 2024, we focused on reducSn9 long-term dependence on NGO support by helplng benefi- claries bu i Id their own livelihoods, With donor funding, we launched a small business project for slx mothers currently supported by Hope and Soul Tanzanla. Beginnlng in August, participants completed six weeks of busl- ness tralnlng wlth a local consulting firm, developing tailored buslness plans. By December, four had successfully launched enterprises includlng a statlonery shopi convenience store, grain shop, and second-hand clothing business and will begin gradual reductSons in charity support from January 2025. We also completed construction of a permanent home for a single mother with five children. This safe, adequate houslng not only transformed the family's living conditlons but also elim- inated the need for ongoing rent payments, reducing financial dependency on the NGO. Review of Financlal 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
Hope and Soul Accounts for the year to 31 December 2024 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. Risk Management statement The trustees have identified and assessed the major risks to which the charity is exposed and have established systems and procedures to mitigate those risks and manage them effectively on an ongoing basis. Reserves Policy Our policy is to maintain a reserve of £12k-£15k to cover 3 months expendlture on staff salaries, school fees and expenses. Accounting Policies The accountlng policles are detailed In the notes to the accounts, Trustees known as The Board Those who have served or are currently servlng as members of the Board are shown in the Charity Information page. Date sSgned as authorSsed by the Trustees
Hope and Soul Accounts for the year to 31 December 2024 Independent Examiner's Report on the Accounts Report to the trustees of Hope and Soul on the accounts for the year ended 31 December 2024 set out on pages 7 to 11. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trus- tees 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 Commls- slon (under section 145{5)(b) of the Charities Act, and to state whether particular matters have come to my attentlon. Basis of independent examiner's statement My examination was carrled out in accordance with general Dlrections given by the Charlty 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 dlsclosures In the accounts, and seeklng explanatlons from the trustees concerning any such matters. The procedures undertaken do not provide all the evldence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair, vlew, 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 corne to my attentlon whlch gives me reasonable cause to believe that In, any material respect, the requirements: to keep accounting records in accordance with section 130 of the Charlties Act; and to prepare accounts which accord with the accounting records and comply with the accountlng requirements of the Charities Act have not been met; or to whlch, In my opinlon, attentlon should be drawn In order to enable a proper understanding of the accounts to be reached. Signed: Date: 18/09/2025 Name., Peter Evans Relevant professional qualifi- , MAAT cation(s) or body (if any): Address: The Quadrant Centre Llmes Road Weybridge Surrey, KT13 8DH
Hope and Soul Accounts for the year to 31 December 2024 Statement of Financial Activities Total Fund5 2024 Unrestricted Funds Restricted Funds Income Income from charitable activities." Donations Glft Aid received Fundraising 87,599 11,517 1,387 32,976 120,575 11,517 1,387 100 503 133 479 Investrnent income.. Interest received Total Income 100 508 133 484 Expenditure Charitable expenditure.. Family support street children Orphanage Housebuild Daycare Microfinance Other charitable expenses 42,228 9,777 1,440 6,686 1,548 228 2,009 11,199 509 4,972 48,914 11,325 1,668 2,009 11,199 3,723 12,861 3,214 7,889 Decrease In loan from trustee 18,030 18,030 Administrative expenses 4,796 4,796 Governance costs Total Expendlture 115 665 Net movement In funds for the year Funds b/fwd 11,994 5,825 17,819 5,161 16,490 21,651 Transfer Funds c/fwd All activltles of the charlty are classified as continuing. Signed as authorised by the Trustees Date . Date ....................................
Hope and Soul Accounts for the year to 31 December 2024 statement of Financial Activities Total Funds 2023 Unrestricted Funds Restricted Fund5 Income Income from charitable activities.. Donations Gift Aid received 73,071 15,063 41,881 114,952 15,063 130 015 Investment income.. Interest received Total income 130 020 Expenditure Charitable expenditure.. Family support Street children Orphanage Housebulld Other charitable expenses 58,666 5,548 4,859 9,080 67,746 5,548 8,175 12,995 15,349 3,316 12,995 15,349 109 813 Decrease In loan from trustee 11,776 11,776 Administrative expenses 4,568 4,568 Governance costs Total Expenditure 101 846 127 237 Net movement in funds for the year Funds b/fwd (13,707) 16,490 2,783 18,868 18,868 Transfer Funds c/fwd
Hope and Soul Accounts for the year to 31 December 2024 statement of Assets and Liabilities as at 31 December 2024 Notes Unrestricted Funds 2024 Restrlcted Funds 2024 Total Funds 2024 TOTAL 2023 Cash funds Current accounts 17,155 22,315 39,470 21.651 Total cash funds other monetary assets Gift aid clalm y.e. 31.12.2023 Gift aid claim y.e. 31.12.2024 6,238 Llabllitles Loan from trustee (317) Total liabilities 317 Signed as authorised by the Trustees Date ....................................... 10
Hope and Soul Accounts for the year to 31 December 2024 Notes on the accounts l 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. Preparatlon of the accounts on a going concern basls It is assumed that the charity as a golng concern, it has sufflclent available resources (flnancial, volunteers and support) to contlnue the operations that It carrles 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 charityi this is normally upon notlfication of the interest paid or payable by the Bank. Fund accounting UnrestrScted funds are avaSlable to spend on activltles that further any of the purposes of charity. At present, all the funds of the charlty are included In thls category. Deslgnated funds are unrestricted funds of the charity whlch the trustees have decided at their discretlon 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 Expendlture is recognised once payment has been made. The trustees have reassessed the dlsclosure of the expenses In the Statement of Flnanclal Activity and as such the expense headlngs 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. 11
Hope and Soul Accounts for the year to 31 December 2024 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 a initially recognised at transaction value. Foreign currency Transactions in currencies other than the functional currency of the charity are recorded at the rates of exchange prevailing on the dates of the transactions. At each balance sheet date, monetary assets and liabilities that are denominated in foreSgn currencies are retranslated at closing exchange rates. Galns and losses arising on the retranslation of monetary assets and liab511ties are included In the statement of financial actlvltles. 2 Legal status of the charity The charlty Is an independent charity, reglstered at the Charity Commission under Charlty Number 1173832. The registered contact is Ms Hope Prosser. 3 Staff expenses No trustees received any remuneratlon or benefits in the period. 4 Related party transactions There are no related party transactions to be reported. 12