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2025-03-31-accounts

KINTSUGI HOPE

Charity registration number 1175529

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

KINTSUGI HOPE

CONTENTS FOR THE YEAR ENDED 31 MARCH 2025

Page
Trustees annual report 1-18
Independent Examiner's Report 19
Statement of Financial Accounts 20
Balance Sheet 21
Statement of cash flows 22
Notes to the financial statements 23 - 27

ANNUAL REPORT

RESTORING HOPE BUILDING RESILIENCE TRANSFORMING COMMUNITIES

1

Charity Registration Number: 1175529 HMRC Charities Reference Number: EW89386 Registration Body: Charity Commission for England and Wales Date of Registration: 02 November 2017

Registered Address:

c/o Holy Trinity Church Boar Lane, Leeds, LS1 6HW

Principal Office:

As above

Trustees as at 31 March 2025:

Simon Barrington Chair Judith Lace Vice Chair Rosemary Braye Treasurer Howard Satterthwaite Abigail Balachandran

Trustees who also served during this period:

Adam Temple Ellie Gage Elizabeth Neep Sarah Pearmain Audrey Skervin

B ankers:

Santander Bridle Road Bootle L30 4GB

Independent Reviewers of Accounts: Community 360

Acting Chief Executive Officer (Until 31 July 2024): Diane Regan Chief Executive Officer (From 1 August 2024): Ellie Gage

Structure Governance and Management

Kintsugi Hope, founded by Patrick and Diane Regan, registered with the Charity Commission for England and Wales on 2 November 2017, charity number 1175529. The charity is governed under a constitution and operates as a Charitable Incorporated Organisation (CIO). Trustees are nominated and elected by existing trustees. Trustee meetings occur minimum once a quarter.

In July 2024, Co-Founder Diane Regan stepped down as full time Acting Chief Executive Officer and Ellie Gage became Chief Executive Officer as at 1st August 2024. Patrick Regan OBE and Co-Founder stepped down fully from his role of President.

There was an overall reduction of employees during the year, and as at 31 March 2025, the total number of employed staff was 10, 4 full time and 6 part time.

2

A MESSAGE FROM OUR CEO

This year has marked a significant transition for Kintsugi Hope as the co-founders Patrick & Diane Regan moved on halfway through the year, and I took on the role of CEO.

In a time when many feel fractured and alone, Kintsugi Hope has, through its network of partner churches/organisations, continued to offer something rare: safe spaces where people are allowed to be vulnerable, and where healing begins not in isolation, but in community.

From the highlands of Scotland to the streets of London, and from church basements to Zoom calls, the message from our volunteer Wellbeing Group Leaders has remained the same:

We are not alone, and our brokenness does not disqualify us. In fact, it may be the very place where transformation begins.

Thank you for walking with us, praying for us, supporting us, and believing with us that restoration is possible. I hope you are inspired as you read the stories of hope and evidence of impact in this report. With gratitude to all our supporters and hope for all Kintsugi Hope participants,

3

THE HEART OF OUR WORK: WELLBEING GROUPS

At the core of Kintsugi Hope is a belief that everyone deserves a place to feel safe, seen, and supported. During 2024/5, this vision has taken shape through a growing network of wellbeing groups that meet regularly across the UK. These groups are not counselling sessions they are communities of kindness. They provide space for people to explore topics such as anxiety, shame, resilience and hope, all through the lens of faith and compassion. 308 GROUPS

BY THE END OF THE REPORTING PERIOD, 308 ACTIVE GROUPS HAD BEEN RUN, INVOLVING OVER 2,800 PARTICIPANTS.

EVERY ONE OF THESE NUMBERS REPRESENTS A STORY, A PERSON WHO DARED TO SHOW UP, AND A JOURNEY OF TRANSFORMATION.

4

"I was just surviving, going through the motions. The group became my anchor. I could finally talk about the pain I’d carried for years. And I wasn’t judged I was embraced."

The number of youth and student wellbeing groups was also encouraging. Over 38 youth groups ran this year, with more than 380 young people engaging with the material in meaningful and life-giving ways.

STORIES OF TRANSFORMATION: VOICES FROM THE COMMUNITY

“The group gave me the courage to speak about things I’ve never shared before. I no longer feel alone.”

Participant, Chelmsford Diocese

“I came to the group feeling broken. I left feeling seen, heard, and valued. It’s changed how I see myself.” Group Member, West Yorkshire

“Our wellbeing group has become a lifeline for so many in our church. It’s not just a course; t’s a community.” Group Leader, Scotland

“I was nervous to join, but the warmth and honesty of the group helped me open up. I’ve found hope again.” Youth Participant, Northern Ireland

“Running a group in our school has been one of the most rewarding things I’ve done. The students are more open, more resilient, and more connected.”

Teacher, Kintsugi Youth Group

“The training was excellent. I feel equipped and empowered to support others with compassion and confidence.” New Group Leader, London

7

Mark tells us about starting a Men’s Wellbeing Group

In early 2024, after having facilitated two previous Kintsugi wellbeing groups, I was conscious that men had been underrepresented. I thought to myself this did not seem right. Men also have emotional health needs and challenges. An idea came to set establish a men's only group. Would men then be more likely to sign up?

The group was advertised and within two weeks 12 men had signed up. After some hesitancy in the first few weeks, the conversations opened as we worked through each of the course topics. Honesty, openness, thoughtfulness, challenge, debate, good humour and warmth ensued...along with copious coffee, tea, biscuits and pizza.

The group were from mixed backgrounds in terms of their life experiences. This enriched and widened our understanding of each other, while taking comfort and hope from our common humanity and struggles. All continued through to complete the course. I had been convinced we would lose a few en route but it was not to be. Indeed "What now?" was a common question at the end!

Feedback from the group was positive having appreciated the way the course helps us have a healthier, more hopeful, relationship with our emotions. As a group facilitator, ably assisted with my co-facilitator, the course was deeply fulfilling to run. It is not possible to run the course and not grow in some way yourself. For these 12 weeks, it was my favourite evening of the week!”

8

GATHERING, CELEBRATING AND EQUIPPING

This year’s highlight for many was our “No Ordinary Hope” Conference. It brought together a diverse family of volunteers, group leaders, staff, and supporters. Over half of the attendees were active group leaders. Through worship, stories, workshops and laughter, we were reminded that hope isn’t naïve; it’s defiant. It’s a light that refuses to go out.

One group leader reflected afterwards:

“I arrived weary, wondering if I still had anything to give. I left with tears in my eyes and fire in my heart. I remembered why I said yes in the first place.”

Across the year, we also held information sessions, group experience taster events, and regional gatherings to help grow awareness and deepen the sense of connection among our community. Partner events at Spring Harvest, Elim Leaders’ Summit, and the Brighter Days Tour allowed us to extend our reach to thousands of people.

PARTNERSHIP AND PRESENCE ACROSS THE UK

Kintsugi Hope would not be possible without our Partner Organisations; churches, charities, chaplaincies and community groups who carry the vision into their local contexts. This year, we welcomed 31 new partners into the Kintsugi Hope movement and we trained over 150 new volunteer Group Leaders. We’re looking forward to seeing this number multiply as we keep pressing forwards to see hope-filled safe spaces in every town and city in the UK.

While we did see a number of partners pause or conclude their involvement reflecting the changing landscape and pressures on the local church, we know there are many who are able to partner with us still and are encouraged by the number of people joining information sessions to find out more.

In Scotland, Northern Ireland and England, our regional teams have continued to spark new opportunities; from training youth workers to equipping social prescribers, from speaking at conventions to writing election-focused case studies on the church’s role in mental health care. These regional developments are vital to ensuring our support is relational, contextual, and sustainable.

10

YOUNG PEOPLE AND STUDENTS: MEETING THE NEXT GENERATION

Our work with young people has taken bold steps this year. Joel Harris, our Youth Lead, spoke on main stages at national events, including Spring Harvest and Youth Alpha's “Open Generation” conference. We also hosted our own youth retreat, where young people from partner organisations came together for worship, reflection and fun.

In schools, youth groups and churches, Kintsugi Hope Youth is helping young people find words for their struggles and hope for their futures. One teenager told us,

“I thought I was the only one who felt like this. Now I know I’m not alone, and that changes everything”

11

TELLING OUR STORY AND SPREADING THE WORD

Through newsletters, articles, radio interviews, social media, and national campaigns, we continued to raise awareness and challenge stigma. Our online reach grew by over 100%, with tens of thousands engaging with our content each month. We’ve published articles for Evangelical Alliance, participated in public debates, and spoken into national conversations around mental health and spirituality.

Our donor newsletter and behind-the-scenes stories reminded people that every gift makes a difference.

FAITHFUL GIVING AND SUSTAINABLE GROWTH

The past year hasn’t been without its challenges, including some unexpected funding changes and a dip in recurring contributions. Yet, our community has responded with generosity and faith. We secured new grants and submitted several promising applications with trusted funders.

We also took part in the Big Give Christmas Challenge and continued to invest in digital systems that will strengthen our financial resilience in the years to come.

In total, over £30,000 in new trust applications were submitted, and over 1,000 individuals continued to give through monthly donations.

12

A YEAR OF TEAMWORK, TRANSITION AND TRANSFORMATION

Behind every event and every group is a team of people giving their best; often behind the scenes. This year involved leadership transitions, staff changes, system upgrades, and a lot of prayer. From our national conference to our staff retreat, we’ve worked hard to stay grounded in our values of authenticity, generosity, honesty and relationships.

We welcomed new colleagues, said goodbye to others, and leaned into the deep sense that this is a movement, not a machine. A living, breathing community held together by shared purpose.

13

RISK

The risks faced by Kintsugi Hope are reviewed at Trustee meetings. This review includes changes in terms of level or likelihood, steps taken to mitigate risks, and any new risks identified. Current risks identified include:

Cost of living crisis, reduction in donations

Reputational risk

A strategic plan is in place for each area of risk to plan for minimal risk level or likelihood.

FINANCIAL REVIEW

Financial Review

Group 655834553, Grouped object

This is our seventh period from registration with the Charity Commission running 1 April 2024 through to 31 March 2025.

14

INCOME

Incoming resources for the period totalled £506,305 (prior period was £509,434 a decrease of >1%).

Income Breakdown

----- Start of picture text -----
Conference Income
Church Partnerships 1.4%
Grants
21%
20.6%
Gift Aid
5.1%
Merchandise
7.3%
Other Fundraising
9.2%
Major Donations
35.4%
----- End of picture text -----

15

EXPENDITURE

During the period, total expenditure decreased by 5% to £547,518 (from £576,841).

Expenditure

----- Start of picture text -----
Travel
IT
3.4%
4.8%
Events
6.2%
Church Partnerships
1.2%
Staff Training
1.2%
Rent
2.6%
Groups website
2.6%
Other
2.9%
----- End of picture text -----

Wages 71.4%

16

WITH GRATITUDE

Whether you’re a donor, a prayer partner, a group leader or someone simply cheering us on; we thank you. You are part of this story. And together, we are helping to write a new one.

“Kintsugi Hope helped me rebuild not just my confidence, but my life.Thank you for believing in broken people like me.” Participant testimonial

To support our work or find out more, please visit www.kintsugihope.com.

17

Discovering treasure in life’s scars

kintsugihope.com

18

KINTSUGI HOPE

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025

I report on the accounts of Kintsugi Hope for the year ended 31st March 2025 which are set out on pages 20 to 27.

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 (2) of the Charities Act 2011 (The Act) but that an independent examination is needed. The charities gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of Association of Accounting Technicians.

It is my responsibility to:

Basis of independent examiner’s Statement

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 considerations of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I 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.

David Courtier FMAAT AATQB for and on behalf of: Community360

Winsley’s House, High Street, Colchester, Essex Date 22/01/2026

19

KINTSUGI HOPE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Notes
Incoming resources
Donations and legacies
2
Charitable activities
3
Other trading activities
4
Total incoming resources
Resources expended
Charitable activities
5
Expenditure on raising funds
6
Total resources expended
Net incoming (outgoing) resources
Net movement in funds
Total funds brought forward
Total funds carried forward
Unrestricted
Funds
£
242,349
113,168
83,533
439,050
498,356
24,101
522,457
(83,407)
(83,407)
100,179
16,772
Restricted
Funds
£
67,255
-
-
67,255
29,321
-
29,321
37,934
37,934
-
37,934
2025
Total
£
309,604
113,168
83,533
506,305
527,677
24,101
551,778
(45,474)
(45,474)
100,179
54,705
2024
Total
£
295,627
103,842
109,965
509,434
547,519
15,953
563,472
(54,039)
(54,039)
154,218
100,179

Notes on pages 23 to 27 form an intergral part of these financial statements.

20

KINTSUGI HOPE

BALANCE SHEET AS AT 31 MARCH 2025

2025
2025
Notes
£
£
Fixed assets
Tangible assets
9
-
Current assets
Stock
11,582
Debtors and prepayments
10
9,024
Cash at bank and in hand
64,065
Total current assets
84,671
Creditors: amounts falling
11
5,615
due within one year
Net current assets/(liabilities)
79,056
Total assets less current liabilities
79,056
Long term liabilities
24,349
Net assets
54,706
Funds of the charity
Restricted funds
12
37,934
Unrestricted funds
12
16,772
Total funds
54,706
2024
2024
£
£
513
14,916
5,483
85,415
105,813
6,147
99,666
100,179
-
100,179
-
100,179
100,179
2024
2024
£
£
513
14,916
5,483
85,415
105,813
6,147
99,666
100,179
-
100,179
-
100,179
100,179
99,666
100,179
-
100,179
-
100,179
100,179

Approved by the trustees on the 19th January 2026 and signed on their behalf by:

Current Chair - Ruth Whitaker

21

KINTSUGI HOPE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Cash flows from operating activities
Net cash provided by (used in)
investing activities
Change in cash and cash equivalents
in reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period
Net cash provided by (used in)
operating activities
Unrestricted
funds
£
(59,284)
-
(59,284)
85,415
26,131
Restricted
funds
£
37,934
-
37,934
-
37,934
Total
2025
£
(21,349)
-
(21,349)
85,415
64,066
Total
2024
£
(62,557)
-
(62,557)
147,972
85,415

(a) RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

Adjustments for non-cash items:
(increase)/decrease in stock
(increase)/decrease in debtors
Increase/(decrease) in creditors
Net income/(expenditure) for the
reporting period (as per SOFA)
Depreciation charges
Loss/(profit) on disposal of fixed assets
Net cash provided by (used in)
operating activities
Unrestricted
funds
£
(83,407)
513
-
3,334
(3,541)
23,817
(59,284)
Restricted
funds
£
37,934
-
-
-
-
-
37,934
Total
2025
£
(45,473)
513
-
3,334
(3,541)
23,817
(21,350)
Total
2024
£
(54,039)
1,547
-
(5,898)
(4,070)
(98)
(62,558)

b) ANALYSIS OF CASH AND CASH EQUIVALENTS

Notice deposits (less than 3 months)
Total cash and cash equivalents
Cash in hand
Unrestricted
funds
£
26,130
-
26,130
Restricted
funds
£
37,934
-
37,934
Total
2025
£
64,065
-
64,065
Total
2024
£
85,415
-
85,415

22

KINTSUGI HOPE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

1.1 Basis of the preparation of the accounts

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement on Recommended Practise 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

1.2 Income recognition

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donations, are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

Legacy gifts are recognised on a case by case basis following the granting of probate when the administrator/executor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title to the asset having been transferred to the charity.

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.

1.3 Expenditure recognition

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 settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings.

1.4 Depreciation

Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value of each asset over its expected life as follows:

Equipment 20% Straight Line

23

KINTSUGI HOPE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

1.5 Fund accounting

Funds held by the charity are:

Unrestricted general funds - These are funds which can be used in accordance with the charitable objects at the discretion of the Trustees.

Restricted funds - These are funds that 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 restrcited purposes.

1.6 Going concern

The accounts have been prepared on a going concern basis.

2. Donations and legacies

Major donations
Royalties
Gift aid
Project sponsorship
Grants
Legacy
Unrestricted
£
179,321
12
25,739
217
37,060
-
242,349
Restricted
£
-
-
-
-
67,255
-
67,255
2025
£
179,321
12
25,739
217
104,315
-
309,604
2024
£
190,461
6
20,997
434
73,468
10,262
295,628

Restricted grants totalled £67,255 in 2025, (2024:£49,500) and restricted sponsorship totalled £0 in (2024:£434).

3.
Charitable activities
Conference income
Church partnerships
Tour income
4.
Other trading activities
Fundraising
Merchandise sale
Unrestricted
£
7,003
106,165
-
113,168
Unrestricted
£
46,586
36,947
83,533
Restricted
£
-
-
-
-
Restricted
£
-
-
-
2025
£
7,003
106,165
-
113,168
2025
£
46,586
36,947
83,533
2024
£
4,504
92,982
6,357
103,843
2024
£
65,665
44,300
109,963

24

KINTSUGI HOPE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

5.
Costs of charitable activities
Wages
Bank fees
Marketing
Travel
I.T. costs
Telephone
Professional charges
Insurance
Website
Events
Sundries
Office expenses
Staff training and resources
Rent
Interest payable
Grant payments
Website Group developments
Depreciation
Governance costs:
Audit and accountancy
6.
Expenditure on raising funds
Merchandise
Unrestricted
£
358,139
910
6,367
18,233
25,808
4,595
3,542
2,336
1,320
33,531
883
6,491
6,081
13,040
1,265
450
14,052
513
497,556
800
800
498,356
Unrestricted
£
24,101
24,101
Restricted
£
29,321
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
29,321
-
-
29,321
Restricted
£
-
-
2025
£
387,460
910
6,367
18,233
25,808
4,595
3,542
2,336
1,320
33,531
883
6,491
6,081
13,040
1,265
450
14,052
513
526,877
800
800
527,677
2025
£
24,101
24,101
2024
£
416,010
-
6,788
13,327
22,868
7,657
9,594
1,805
429
20,697
469
6,829
7,164
14,760
-
1,500
15,276
1,547
546,718
800
800
547,518
2024
£
15,953
15,953

25

KINTSUGI HOPE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

7. Staff costs and emoluments

Staff costs and emoluments
The average number of employees by head count
paid monthly during the period was:
The aggregate staff costs for the period were:
Wages and salaries
Pensions
Social security costs
2025
£
2025
£
352,932
8,683
25,845
387,460
15
2024
£
17
2024
£
377,740
10,452
27,818
416,010

One employee earned more than £60,000 per annum.

Key management personnel

During the year total remuneration of £122,363 (2024: £109,396) was paid to key management personnel. The remuneration of key management personnel is decided upon and authorised by the trustees.

8. Trustee expenses

Trustees were reimbursed for expenses during the year 2025 £0 (2024: £Nil)

9. Tangible fixed assets
Cost
As at 1st April 2024
Disposals
As at 31st March 2025
Depreciation
As at 1st April 2024
Charge for the year
Disposals
As at 31st March 2025
Net book value
As at 31st March 2025
As at 31st March 2024
Equip
£
7,733
(7,733)
-
7,220
513
(7,733)
-
-
513
Total
£
7,733
(7,733)
-
7,220
513
(7,733)
-
-
513

The disposals of tangible fixed assets has been completed upon a review of the register.

26

KINTSUGI HOPE

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

10. Debtors
Trade debtors
11. Creditors; amounts falling due within one year
Creditors
Accruals
2025
£
9,024
9,024
2025
£
4,815
800
5,615
2024
£
5,483
5,483
2024
£
5,347
800
6,147

The Creditors balance as at 31 March 2025 contains an intercompany creditor balance of £NIL (2024: £1,614) due to the charity’s trading subsidiary, BrighterDays.Life Limited.

12. Fund analysis 2025

Unrestricted funds
Restricted funds
Yorkshire Humber
Northern Ireland
North East
Youth & Students
Suicide Prevenetion
Total restricted
Total funds
Balance at
01/04/2024
101,213
-
-
-
-
-
-
101,213
Income
resources
439,050
7,500
19,755
10,000
20,000
10,000
67,255
506,305
Outgoing
resources
(522,457)
(2,708)
(5,832)
-
(13,245)
(7,536)
(29,321)
(551,778)
Transfer
-
-
-
-
-
-
-
-
Balance at
31/03/2025
17,806
4,792
13,923
10,000
6,755
2,464
37,934
55,740

13. BrighterDays.Life Limited

The charity seperated with BrighterDays.Life Limited (Company number 15158209 ) in December 2024, in which all BrighterDays.Life Limited shares held by the Charity were transferred to BrighterDays.Life Limited with no consideration paid.

27