Registered Charity No. 1177546
Hope into Action: Coventry
Ch8ritable Incorporated Organi88tion
TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE
YEAR ENDED 31- MARCH 2025

Hope Into Action: Coventry
REFERENCE AND ADMtNISTRATIVE INFORMATION
Trustees
The Charitable Incorporated Organisation was registered on 14 March 2018.
The Trustees who served during the year and up to the date of signature of the financial
statements were:
Trustee
Matthew Jerni
Mark Pe
an
Helen Needham
Jes8 Da
-Pollard
Louisa Ho
kins
Date of A
18 Janua
2019
26Ma
2021
23 November 2021
24 October 2024
25 March 2025
ointment
D*te of Resi
nation
2. A ri12025
Address of the Ch¥drity
The Halo Centre
Progress Wxy
Binley Industrial E.4tate
Coventry
CV3 2NT
Bankers
The Coryoperative Bank
1181120 Colmore Row
Birniingham
B3 3BA
Account number.. 6726 4465
Sort Code.. 08-92-99
E-mail address
Covent
eintoaction.or
Website
coventy.hopeintoaction.org.uk

Hope Into Action= Coventry
Chairperson's report for the year ended 31 March 2025
l am glad to present the annual accounts for Hope into Action.. Coventy.
This has been & year of change. I am delighted that we have opened a new house in Hinckley. We
have increased our staffing to match and are glad to be welcoming new rnembers to the team.
Being able to support people as they work their way out of homelessness is a privilege. and having
more capacity for that work will help many more people in the years to come.
The care and support the church Friendship and Support groups and our staff give to the tenants
make5 a profound difference. Opening new houses and welcoming new tenants is brillianL but it
is even better when tenants no longer need to gtaff and move out to their own aecommodation.
Showing people love and care is at the heart of what Hope into Action.. Coventy does and will
continue to do.
All this could T)Ot happen without the ongoing support from people giving their time, prayers and
money. On behalf of the trnstees, thank you to everyone who supports this work. Tt has an
enornious impact, both now and for many years to come.
Helen Needham
Chair of Trustees

Hope Into Action.. Coventry
Trn8tees' Report for the year ended 31 March 2025
The Trustees present their report and financial statements for the year ended 31 March 2025. The
financial stalements have been prepared in accordance with the accounling policies set out in note
I to the accounts and comply wilh the Charity's trnst deed, the Statement of Recommended
Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), effective
from l January 2019 and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102
Objectives and activities
Hope into Action.. Coventy provides homes for the m05t vulnerable in society in partnership with
local churches. Our model is built on the belief that when people have a safe, secure home
surrounded by loving, non-judgmental relationships they will find the strength and motivation to
make positive life choices. We welcome people of all faiths and none, all ethnicities, sexualities
and gender.
Recruitment and Appointment of Trustees
The Constitution provides for a minimum of three trustees. Trustees are appointed for ternis of
three years and may serve for a maximum of three consecutive tenns. Appointmenls of addition21
trnstees are made with a view io the skills and experience the board needs to setve the work of the
charity.
Structur4 governAnce and management
Hope into Action: Coventy is a Charitable Incorporated Organisation ('CIO') with registration
number 1177548 and is constituted under a Constitution dated 20 Febrnary 2018. This charity
raises funds from the public.
The Tnjstees have responsibility for the control and administration of all fund5 of the Charity and
it is governed in accordance with its Constitution. The Trustees forni a Committee which
meets regularly. The committee has overall rcsponsibility for strategic planning, policy
forniulation, approval and monitoring of programmes and services, finance, risk managemenL
staff and volunteers and premises.
All Trustees give of their time freely and no Trustee remuneration w&s paid in the year, or in the
prior year.
The Charity's and other relevant addresses are as shown on page l.

Hope Into Action-. Coventry
Financial review
The charity has perfoTmed well over the year to 31 March 2025, receiving as unrestricted reserves
£28,498 (2024.. £18,263) in grants and donations. £32,144 {2024.' £28,801) in rent and charges and
£Nil (2024= £89) in gift aid. In the current year £8,667 contributions were Teceived ￿ restricted
funds (2024.. £97,630), resulting in total income for the year of £69.309 (2024: £144.783).
Total unrestrA¢ted resources expended during the year, amounts to £50,191 (2024: £45,440), giving
a nel unrestricled income for the year of £10.451 (2024: £1,713). Restricted fimds expended for
the year of £46,359 (2024.. £37,814) leaves a net outflow for the year of £37.692 (2024= inflow of
£59,816). The total reserves consisting of unrestricted reserves of £28.525 (2024: £18.074) and
restricted reserves of £37.442 (2024: £60,134), amounted to total fiinds of£65,967 (2024: £78,208).
Reserves and ￿ndS
Reserves consist of all retained income available to the Charity and exclude any reslricted funds
that the Charity may have. The Charity currently have unrestricted reserve funds of £28.525 (2024:
£18,074). The unrestricted TeseTves are considered to be sufficient for the short terni.
The charity aims to keep four to six months, core njnning costs in reserves at all tirnes. This is to
ensure the Charity is able to meet all of its legal obligations should all funding be withdrawn.
Exemptlon frnm audit
The trustees have taken advantsge of the exemptions available to small charities, including the
audit exemption. In a¢¢ordan¢e with the Charity Commission's guidelines, Trustees must arrange
for an independent person or accountancy firn) to carry out either an audit or an independent
examination of their charity's accounts in cages where a charity's annual income is in excess of
£25,000 but less than £1 million. The Trn8tees chose to have an indcpcndent examination instead
of an audit. An examiner w&8 appointed to do an independent examination of the charity accounts
with the purpose of giving the charity's Trustees, supporters, beneficiaries and the wider public
some independent assurance that the chaTity's money has been properly accounted foT and
accounting records were kept.
Risk ManAgement
The trustees have considered the major risks to which the Charity is exposed and have reviewed
those risks and established procedures to manage those risks. Guidance from the Charity
Commission is followed.
The Trustees eonsider significant risks to be the variability of contributions. the dependency on a
number of volunteer workers and Chu￿h¢S. as well as the safeguarding risks arising from working
with vulnerable people.

Hope Into Action: Coventry
Going concern
The Charity's activities, together with the factors likely to affect tts development. its
financial position and its exposures to liquidity and cash flow risk aTe described in this Trustees,
Report. The Charity has sufficient financial resources and reserves to fund its activities for the
foreseeable ￿ture. As a consequence, the Trustees believe that the Charity is well placed to
manage its business risks successfully and will have sufyicient time to adjust its activities in line
with any chang¢ in Contributions. Accordingly. they continue to adopt the going con¢¢rn basis in
preparing the aT]nual report and accounts.
Trustees, responsibilities
The Trnstees are Tequired under the constitution of the charity and under charity law to prepare the
trystees, report and the financial statements in accordance with FRS102 and the Charity SORP
(FRS 102). The Trustees must not approve the financial statements unless they are satisfied that
they give a tNe and fair view of the state of affairs of the charity at the end of the financial year
and of its SUTplus or deficit for that period. Tn doing so, the Trnstees Are responsible for:
Select suitable accounting policies and then apply them consistently.
Make judgement and e5tirnates that are reasonable and prudent. and
Prepare the financial statements on the going concern basis unless it is not appropriate to
assume that the company will continue on that basis.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the charity. 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 ]￿egUlaTIt]es.
The Tmstees have complied with the duty in the Charities Act 2011, to have due regard to guidance
published by the Charity Commission on publtc benefit.
Approval
This rerK)rt was approved by th¢ Trustees aTJd signed on their behalf by:
Chair of Trustees
Date:

Hop8 Into Action: Coventry
Independent Examlner's report to the trustees of Hope into Action: Coventry
I report to the Trustees on my examination of the accounts of Hope into Action". Coventy
Charitable Incorporated Organisation (Hope into Action.. Coventry) for the year ended 31 March
2025.
Responsibllltles and basis of report
As the charity trnstees of Hope into Actton.. Coventy you are responsible for the preparation of
the accounts in accordance with the Tequirements of the Charities Act 2011 {'the Act,).
I report in respect of my examinatTon of Hope into Action: Coventy's accounts carried out under
section 145 of the 201 l Act and tn earrying out my examination J have followed all the applicable
Direction5 given by tbe Charlty Commission under section 145(5)(b) of the Act.
Independent examiner's ststement
I have completed my examination. I confirn] that no material matters have come to my attention
in connection with the examinalion giving me cause to believe that in any material respect..
l. Accounting Tecor(L8 were not kept in respect of the Trnst as requir¢d by section 130 of the
2. The accounts do not accord with those records. or
3. The accounts do not comply with the applicable requirements concerning the forn) and
content of accounts set out in the Charities (A¢counts and Reports) Regulations 2008 other
than any requirernent 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.
Signed..
James Rose FMAAT
The Halo Centre
Progress Way
Coventy
CV3 2NT
Date: Iq /0 i /IL)IL

Hope Into Action: Coventry
Statement of comprehensive income {includin% Income and Expenditure 2¢count) for the
year ended 31 March 2025
2025
Totsl
2024
Totsl
Note Unrestrlcted Restrleted
Incoming Resources
Grants and Donations
Rent & Charges
Gifl Aid
TOTAL Tncomin
28.498
32.144
8.667
37,165
32,144
115.893
28,801
89
144.783
Resources
8.667
69.309
Resources Eipended
Employment Costs
Professional Training
Professional se￿ices
Tenant support Costs
Office running Costs
Rates and Water (houses)
Maintenance Costs (houses)
Residence preparation costs
Franchise fees
Insurance
Return to Investors
Bank charges
Website costs
Fundraisin
costs
TOTAL Resources Ex
7,812
954
3,360
39,908
47,720
954
3,360
44,991
2,075
270
126
5.972
2.016
2,247
13.390
1,500
800
6.186
55
21KI
3,526
3,615
1,522
17,128
1,5
826
9,708
1.125
4.651
3.615
1.522
22,454
,500
826
9.708
40
200
5,326
2(Kl
ended
46.359
83,254
Net Tncome (expenditure)
Total funds blforward
Total funds clforward
10,451
(37,692) (27,241)
61,529
All the Charity's operations are classed as continutng. Movements on reserves and all Tecognised
gAins and lo%ses are qhown above.

Hope Into Action.. Coverbtry
Statement of Financiydl Position at 31 Mydreh 2025
Note
202S
2024
Current Assets
Recoverable ca
Debtors
Cash at bank and in hand
Total assets
Less Creditors
ital ex
enses
974
89
192
13
3.456
Net assets
78,208
The Funds of the chari
Restricted Funds
Unrestricted Funds
60.134
18,074
28.525
Total Funds
These accounts are prepared in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland {FRS 102) (effective January 2019)- (Charities SORP (FRS 102)).
The financial statements on pages 7 to I l are hereby approved:
Trustee..

Hope Into Action.. Coventry
Notes to the FIDanelydl Statements for the year ended 31 March 2024
l. Accountlng Polleles
Ba.si.% ofpreparalion
The accounts are Prepared under the historical cost convention and include the
results of the charity's operations which are described in the Trustees. Report and
all of which are continuing.
The financial statements have been prepaTed in accordance wilh the Charities Act
2011 and Accounting and Reporting by Charities.. Sthternent 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 l January 2019)- (Charities SORP (FRS 102)).
Assets and liabilities are initially recognised at historical cost or transaction value
unless otherwise stated in the relevant accounting policy note(s).
The principal accounting policies adopted in the preparation of the fjnancial
statements are set out below.
Income
Voluntary glfts and donatlons and other tncome are accounted for when reeeived
by the charity.
Gift aid claims are accounted for on an accn￿lS basis.
Expendilure
Expenditure is accounted for on an accruals basis.
Pen.sion and oiherposÉ retirement obligdtions
The charity operates a defined contribution pension scheme which is a pension plan
under the workplace pension scheme, set up by the government. A fixed percentsge
of qualifying earnings are Contrkbuted monthly by the employer and the ernployees
into the %cheme. The Charity has no legal or con8tructive obligation to pay any
fither contributions even if the fund does not hold sufficient assets to pay all
employees the benefits relating to employee service in the current and in prior
periods. Contributions to the plan are recognized when they are due.
Fund accounting
Unrestri¢ted ￿ndS are general thnds that a￿ available for use at the trustees,
discretion in furtherance of the objectives of the charity.
Restricted fimds are those donated for use in a particular area or for specific
purposes, the use of which is restricted to that area or purpose.

Hope Into Action= Coventry
2. Donations
2025
2025
2025
Total
Funds
2024
Total
Funds
Unrestricted
Funds
Restrieted
Funds
Tndividual Donations
Wals
veBa
tist Church
The Brid e Benefice
All Saints Church Allesl
Hinckle
URC
Heart of En
land
Coven
Buildin
Soci
The 29, May 1961 Charitable
Trust
Lain
Trust
SeveTn Trent WateT
Bcncfact Trust
National Lottery Community
Fund
United Wa
Eveson Trust
Coven
& District
Jjii
2,983
4609
5,000
12,480
20,000
1500
6000
1500
6000
115893
3. Employment costs
2025
2024
Salaries
Pension contributions
[125
44,991
47.720
Some of the salary costs are covered by restricted donations made specifically for this pury)ose.
4. Related party transactlons
There were no related paty transactions during the period.
S. Recovernble capital expenses
Capital expenditure incurred and recovered from the investors subsequent to the financial
year end.
10

Hope Into Action: Coventry
6. Summary of Net Agyets by Fund
et current
assets
Total Det
assets
Unrestricted Funds
General Reserve Fund
Restrficted Funds
Lain
Trust
Benefact Trust
National Lotte
Eveson Trust
Coven
& District
28
25
Communi
Fund
7,500
7,500
42
42
General reserve fund is the balance of ￿ndS available for direct allocation and
distribution
Restrlcted funds are those amounts that were donated wtth the express wishes of the
donors that they may only be contributed to a specific activity.
7. Statement of Funds
Tncome
resources
Outgoing
resource5
01104n024
3110312025
Unrestrieted Funds
General Reserve Fund
Restrieted Fund5
Lain
Tn￿t
Scvern Trent Water
Benefact Trusl
National Lottery Community
Fund
United Wa
F.veso
Coven
60,642
20,000
12,500
7,5110
1,500
1.500
& District
1.167
69,309
1,125
96,550
42
65,967
93,208