Charfty reglstratlon number 1177563
HOPE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022

HOPE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Jo Nicdl
Amy Kilty
Sam Scatr
Charlty number
1177553
Prfnclpal addre88
73 - 75 Front Street
Chester le Street
Durharn
DH3 3BJ
Independent fjxamlner
Robson LaldlerAccountanl8 Lim6bJ
Femwood Houge
Femwood Road
Jesmond
Newcastle Upon Tyne
Tyne and Wear
England
NE2 ITJ

HOPE
CONTENTS
Page
Trustees, report
Indop8ndent ex8mlnel$ report
statement of financ1818thvOtles
Balance sheet
Notes to the finandal Statements
8-11

HOPE
TRUSTEES, REPORT
FOR THE YEAR ENDED 30 APRIL 2022
The Iru81ees pres8nl their annual report and flnanclal slalement8 for the year ended 30Aprfl 2022.
The trustees have adopl&d the provislon8 of Accounts'ng and Reporting by Charkies.. Slat&ment of Recommendgd
Practlcg applicable lo charllies preparlng their accounts in accord?nGe with Ihg Financlal Repoiting Standard
applica￿8 in the UK and Republic of Ireland {FRS 1021 leff8clThie 1 January 20191.
ObJ8ctiva# and actlvltles
Th8 charity's objects are to support the homele88 communlty and those who are vulnerablo and dè8tllLrte existing in
the North East
Publlc beneflt
The Trustees have consulted the guldance m8de avallable by the Charity Commlssion for England and Wales on
the Publlc 88nefit requirement of the Chariti88 A¢1. The Tru81ees are confident that they have compled wlth their
duty under Charities Act in that they havg hod due regard to public benefit guidance published bj the
Commission.
Achlevements and pèrfomiance
Flnanclal revlgw
Total inGome for the year was £69,420 12021.. £36,000) and totsl expondtture for the year was £67,389 12021..
£32,567) lethng an overall surplus of £2,031 {2021.' £3,364).
At the yoar end the Charfty had ctosing re8erve8 of £12,397 (2021.. £10,366) all of whlch were cla888d a8
unreslricled.
R688rie8 poIIcy
It18 the pollcy of the charity that free reserves lunresmcted resery&s not tiod up in fixed or other long tem 8s8etsl
should be maintained al a level equlvalent to between three and Six month's expendrture. The trustees consider8
that reserves al thi8 level ￿11 ensure that, In the event of a signiflcanl drop in funding, they will be able to contlnue
the charity's current aclivllies whlle Gon8ideratlon Is glven to way8 in which addlllonal funds m?y be raised.
At the year end the charity had free reserves of £10,375 (2021.. £6,605) which is slightly less than the slated pollcy,
however this was the fourth year of the charity so reserveg are &xpected lo build up gradually over the next few
years.
Rlsk assessm8nt
The trustees havo assessed the major risk$ lo which the charity is exposed, and are satisfied that systems are in
placè to milgale exposure to the major risks.
strncturg. govornancè and management
The charity is conlrollod by It8 governlng document, a deed of trust and constltutes an unincorporated charity.
The Iruslees who served during tho y&ar and up to the date of slgnature of the financial st8temen18 were..
Jo Nlcoll
Amy Kilty
Sam Scarr
Recrultment and appolntment of tru8toe8
From tlme to Ilme1118 nece88ary for the Charlly lo reeru(t new Trustees lo replace those that havo either resigned
during Ihair term of offlce, or by way of anticipats'ng planned retirements after the completion of a single term. ￿en
a vacancy oGcurs, the Board will determine the mix of skills and experlence needed so as lo ensure a fully
functioning team of Trustees and wlll seek to idèntify individuals who appear to have the qualille8 and Intere81 In
what ￿ do.

HOPE
TRUSTEES. REPORT ICONTINUED)
FOR THE YEAR ENDED 30 APRIL 2022
Organisatlonal structure
Thè charity is govorned by a Board of Tru8tee8. The Board meet5 as is required, to deal wllh any speclfic issues
rdatlng to the running of the Cha￿ty.
Thg tru81888' r8POrt was approved by th8 Board of Trustee8.
Jo Nlcdl
Trusteo
Date..

HOPE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF HOPE
I report lo the trustees on my examlnatlon of the flnandal statement8 of Hope Ilhe charity) for the year ended 30
Aprll 2022.
Rgsponslbllftlès and basls of report
As the tru8tee8 of the charity you are responslble for the preparaUon of the financial Blalemenls In accordance with
the requirement8 of the Charlli88 Act 2011 (the 2011 Act).
I report In r88pecI of my examination of the Charity's financial slatem8nts carrled out un(ler section 145 of the 2011
Act. In carrying out my examination I have followed all the appStcable Dlrections glven by the Charity Commlssion
under secllon 14515llbl of the 2011 Act.
Independent examlner'8 8tatement
Your attention is drawn to the fact that the charity ha8 prepared financial slalemenls in accord8rrR wlh Accountlng
and Reporting by Charities preparfng Ihelr accoun18 In accordance wffh the Financial Reporting Standard applicable
In the UK and Republic of Ireland {FRS 1021 In preference lo the Accounting and Reporting by Charilles.. Statement
of Recommenijed Practice Issued on 1 April 2005 which Is r6f6rred lo in the axlanl regulallons bul has now boon
thdrawn.
l understand that thls has been done in order for fi'nanclal $181emenls to provlde 8 true and falr ￿&W in accordanc@
wtth Gèner8llyAcceptedAccountlng Practice effective for reporting perfods beginning on or after 1 January 2015.
I have completed my &xaminatlon. I conflrm that no mattèrs have com8 to my attention in GonngGtion ￿th the
examination giving me ¢au3e to believe that In any material respect..
a¢counlirvJ records wère not kept in respect of the chartty as required by section 13Q of the 2011 A¢t,' or
the financial 8latemen18 do not accord wth those recDrd8', or
the financial statem8nl$ do not wmply with the appllcable requirements conceming the form and content of
accounts sel out in Ihg Charities (Accounts and Reports) Regulallons 2008 other than any requirement that the
accounts give a true 8nd falr view whl¢h Is not a matter con81dered as part of an Independent examlnatlon.
I h8V8 no concems and have come across no other matters in Gonneclion ￿th thg examination to whlch attention
should be drawn in th1$ report In order to enable a proper understanding of the finan¢ial statements lo b& reached.
Nlck Cunnlngham F
CA
Robson Laldler AcGountsnts Llmlted
Fernwood House
Fernwood Road
Jesmond
N8wcastl8 Upon Tyne
Tyne and Wear
NE2 1TJ
England
Dated..
1710212023

HOPE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30APRIL 2022
Unrestrlcted Unrestrictsd
funds
funds
2022
2021
Notes
Donations and legacies
Charitable activities
9,256
60,164
17,849
18,151
Total Income
69,420
36,000
Raising fund8
3,187
69
Charftable activitles
64,202
32,567
Total 9xpond1￿1e
67,389
32.836
Not Income for th8 yearl
Ngt movement In fund8
2,031
3,364
Fund balances at 1 May 2021
10,366
7,002
Fund balanGes at 30 Aprll 2022
12.397
10,366
Th8 statement of financlal actlvlli88 Includes all galns and losses recognlsed In the year.
l income and exponditure derive from continulng acllvltle8.

HOPE
BALANCE SHEET
AS AT30 APRIL 2022
2022
2021
Notes
Flxed assets
Tangible assets
2,022
3,761
Current assets
Cash at bank and In hand
22.975
17,157
Crodltoys: amounts falllng du• within
one year
(8,0351
{4.3081
Net current 888ets
14,940
12,849
Totsl assets1888 curront Ilabllltles
16,962
16,610
Credltors: amounts falllng due aftor
more than one year
11
14,565}
16,2441
Net asset8
12.397
10,368
Income fund8
Unreslrfcled fvnds
12,397
10,366
12.397
10,366
Islil z3
The financlal statements were approved by the Tnjslees on .........................
Jo Nicoll
Trustee

HOPE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30APRIL 2022
AG¢ountlng pollcles
1.1 Accountlng ¢onv&ntlon
The financlal slalemenls havg been prepared in accordance with the charity'8 goveming document, the
Charllie8 Act 2011 and "Accounting and R8POrting by Charitie8'. Statement of Recommended PractiGe
applicable to ¢haTltiÈs preparing their accounts in accordance with the Flnanclal Reportlng Standard
appllcable In the UK and Republic of Ireland IFRS 1021 (eff8Ctive 1 January 20191" The charity Is a Public
8en6fil Entity as defined by FRS 102.
The charity has taken advantage of the provlslon8 in the SORP for ¢hariti¢s applying FRS 102 Update Bulletin
1 not to prepare a Slalament of Cash Fl¢)W8.
Golng ¢oncern
The financial sl8tem8nts have bean prepared on a golng concem ba818 on the ground that Gurrenl and future
sources of funding or support wlll be more than aLlèquale for the charlty's needs. Thé Trustees have
considored a period of 12 month8 from the balance sheet dale and cgnsider no further disGlosures relating to
the charity's ability lo continue 88 a going concem need to be made.
The flnandal 8talement8 are prepar8d in 8terllng, whlch 18 the funcllonal currency of the charty. Monetsry
amounts in these financial 8t8temen18 are rounded to the ne8re8t £.
The flnancial 51atemgnls havo boen prepared under the historfcal cost convention.
The company ha8 applled the followlng accounting policies=
1.2 Charltable funds
Unre81rlcted funds are available for use at the discretion of the trustees In furtherance of thelr charitsble
Objec￿ve$.
Reslricled fund8 are subject to speclflc cond116on8 by donors as to how they may be used. The purposes and
uses of the r881rfct8d fund8 are sat out In the notes to the flnaneial Slatemenls.
Endowmenl fund8 are subject to $pe¢ifiG conditions by donors that the capital must be m8inlaine(I by the
charity.
1.3 Income
All Incoming rgsourGgs arg included in the Slalement of Flnanclal Acllvltles {SOFAI when th8 charily18 enlllled
to the income and the amount can be quantified wrth reasonable accuracy. The followng Specific poltGi9s
applled lo particular categories of income..
Voluntary income rece￿ed by way of grants, donations and gift8 18 included In full In the Slalement of
Financial Aclivllle8 when recalvat￿6. Grants, where enlillement 15 not Gondilional on the delivery of a 8pecific
performance by the charity, aro recognised when the charity becomes unconditionally enlltled lo the grant.
Incomlng resources from other trading activities are recogni8ed in full in the Stat8ment of Financlal ActiMtse$
when recelvable.
1.4 Expondlture
All expenditure 18 accounted for on an accruals basis and has been classified under headings that aggregate
811 costs related lo the category. Where eosls eannol be directly attributed lo particular headings they have
been allocated to activllies on 8 basis consSslent wllh use of the resources. Expendlture includes any VAT
whlch cannot b& fully recovered, and is rgported as part of the expenditura to which il relates..
- Charitsble exponditure comprises those c0818 Incurred by the cha￿ty In the dellvery of Ils activities
#nd Services for 118 beneficiarie8.

HOPE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2022
Accountlng pollcles
{Contlnued}
1.6 Tanglblè fixed assets
Tangible fixed as8els are initialFy measured at C08t and subsequently measured al cost or valuation, nel of
depreciation and any impaimienl108se8.
Dep￿cIatIon18 ￿COgnIsed so a8 to ¥Mlle off the cost or valuation of 888818 le88 thelr r88ldual values over their
useful lives on the following bases..
Fixtures and fittings
Motor vehicles
200/0 81raigM Ilne
20% slr8ighl11ne
The galn or loss arising on the disposal of an asset is detemined as the diffarence between the Sale proceed8
and the carrying value of the asset, and is recognised in the Statement of finanGial activille8.
1.6 Impairment of fixed assets
At each reportlng ond date, the charity revlews the carrying amounts of Ils tangible assets lo delermlne
whether there is any indication that those assets have suffered an impairment loss. If any such Ind￿atIOn
ex181s, the recoverable amount of the asset is estsmaled in order to delerniine the extent of the Impairment
1088 Irf any).
1.7 Cash and cash equlvalgnts
Cash and cash equivalents Include cash in h8nd, depo8i18 held at call with banks. other short-lemi liquid
investments wlth origlnal rnaturitles of three months or le88. and bank ovardrafts. Bank overdraft8 are 8hovm
within borrowings In currenl Ilabllllles.
1.8 Taxatlon
AS a charity, the Company Is exempl from tax on in¢ome and galns to th8 extent that Ihe8e are applled to ￿8
charitable objects. No lax charges have arisen in the tharity.
1.9 Employee benèfits
The cost of any unu88d hollday entitlement18 recognised In the period in which the employee's servi￿5 are
reG9ived.
Terniinalion benefrts are recognised Immediately 88 an expense when the charty Is demon8trably committed
to lermlnate the employment of an employee or lo provlde leKmlnatlon benefit8.
1.10 Retlremertt b8neflts
Paymen18 to defined contiibulion relirem6nl benefft schemes are charged as 8n expense as they fall due.
1.11 Leases
Rentsls payablè under operallng leasès, Includlng any lease Incenllve8 recelved. are charged a8 an expen86
on a slralght line basls over the term of the relevant lea8e.
1.12 Dèbtor8 and credltors
Trade debtor8 are recognised at the selllemenl amounl due after any trade dlscount offered. Prepayments are
valued at the amount pr8paSd after takSng account of any trade discounts due. Creditors and provisirns are
recognls8d where the charlty has a pre8enl obllgation resulting frorn a past event that will probably result in
the Iranyfer ol funds to a Ihlrd party and the amount due lo settle the obligation can be meaSU￿d or estimated
reliably. Credllor8 and provlsions are nom)ally Iecognlsed at their sottlemenl amount after allowing for any
trade dlscounls due.

HOPE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30APRIL 2022
Donatlong and legacies
Unrestrlcted Unrestricted
funds
funds
2022
2021
Donatlon5 and grft8
Grants
9,256
5,465
12,384
9,258
17,849
Grants receSvable for core activities
Covid-19 grants
12,384
12,384
Charltable acttvltle8
Charltable Charltable
actlvltles
actlvltles
2022
2021
Sales
60,164
18,151

HOPE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2022
Charltable a¢tSvltl¢$
Charltabl8 Charitabl
activities
activities
2021
2022
staff costs
Depreclation and Impairment
Purcha8e8
Rent
Travelling and motor expenses
Heal and Ilght
Rates
Insurancg
Repairs and maintenance
Miscellaneous expenses
Postage
Telephone and Intemel
Computer costs
Bank charge8
20,248
1,739
3.172
12.305
5,549
2.486
2.485
274
11,869
8,408
1,739
3,347
9,720
3,100
2,413
274
755
118
452
543
430
671
61.922
30,767
Share of govemance c08ts (see note 51
2,280
1,800
64.202
32,567
Supportcosts
Support Govemance
Gost$
2022
Support Govemance
costs
¢09ts
2021
Independent examination
fees
2.280
2,280
1,800
1,800
2,280
2,280
1,800
1,800
Analysed between
Charitable activitie3
2.280
2,280
1,800
1,800
Tru8ts08
During the year wages totalling £20,248 (2021.. £8,408) were pald lo Ms J Nlcoll for employm8nt in the charfty
shop and for fundraising purposes which is over and above nomial trustee duties. The trustees are aware of
tho n￿essary guidanGe on transartions wth tru8tees.
None of the trustees lor any persons connected wllh them) rècelved any exwnses from the tharity du￿ng the
year.

HOPE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2022
Employg9S
The average monthly number of employees during the year was..
2022
Number
2021
Number
Employment CO8ts
2022
2021
Wages and salaries
Other pension costs
19.948
300
8,408
20,248
8,408
There were no employee8 wh08e annual remuneration w88 more than £60,000.
Tanglble flxod a89ots
Fixtures and vehicles
littin05
Total
Cost
At 1 May 2021
1,975
8,720
8,695
AI 30 April 2022
1,975
6,720
8,695
D&pr8clatlon and Impalrmont
Al 1 May 2021
Depreciation charged In the y8ar
1,1(6
395
3,828
1,344
4,934
1,739
At 30 April 2022
1,501
5,172
6,673
CaTrylng amount
At 30 April 2022
474
1,548
2,022
At 30 April 2021
869
2,892
3,761
10-

HOPE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2022
Crodltors: amounts tslllng due wlthln one year
2022
2021
Notes
Bank loans
Obllgations under fonance le¥8es
othor taxation and social securlty
Othèr creditors
Accrua18 and deferred Income
io
12
1,800
1,758
752
1,849
3,600
1,800
8,035
4,308
10 Loans and ovenlrafts
2022
2021
Bank loans
6,365
8,000
Payable wthin one year
Payable after one year
1,800
4,565
1,756
6,244
11 crodltors: amounts falllng dug aftor morfj than one year
2022
2021
Note$
Bank loans
10
4,565
6,244
12 Flnance lease commltments
Future mlnlmum lease payments due under fingnce lea888'.
2022
2021
Wlhin one year
752
The hlre purchase 18 Secured on the charity'8 motor vehldes.
13 Rglat9d party transaGtlons
There were no (Ilsclosable related party tran8actions during the year other than those delail8d in note 6 12021
none).
11