## **2024**
**----- Start of picture text -----**
Annual
Report
**----- End of picture text -----**
**Ethos - Extending the Hand of Support**
team@ethos.uk.com
1177809
## **Empowering lives**
## **Building community**
The Trustees have the pleasure of presenting the current report for the accounting year end 2023. The charity has had another year of growth and success in funding bids along with a higher demand for its services. The charity has continued to work collaboratively with other agencies and the local authority in its mission against poverty of all kinds.
**Ethos - Extending the Hand of Support**
team@ethos.uk.com
1177809
## **Community Larder**
The community larder continues in its success in supporting people in food poverty along with food waste, partnership working with local supermarkets through neighbourly and Fareshare. We continue with Fareshare membership and have food delivered weekly this cost has increased massively over the last few years but is supported by larder donation payments and ad hoc funding.
We are still working with Hereford food Alliance and trying to get more local producers donating surplus but this is still very sporadic.
3,977 £21,575
Larder Shops
Larder Income
**Ethos - Extending the Hand of Support**
team@ethos.uk.com
1177809
## **Cafe**
The Cafe has been doing really well since our new cook came on board as her long history in catering has helped improve our service and food offer. We have a number of volunteers and now a placement through Hoople learning work skills. This is something we will work on the development of over the coming year.
2,101 Free Breakfasts
£22,940 Cafe Income
**Ethos - Extending the Hand of Support**
team@ethos.uk.com
1177809
## **Community Space**
The community space continues to be well used by both us with Art group, Knit and natter and ad hoc sessions.
Partners using the space continues with Hereford Mind, Hope Support Services, Women's Aid, Action for Happiness sessions, Growing Local all as regulars and then odd sessions through Rural Media, 16+ Team, Haircuts for homeless, Opticians, Health workers, Homeless Outreach Team, Turning point.
Further work and opportunities to improve our space and offer will continue
**Ethos - Extending the Hand of Support**
team@ethos.uk.com
1177809
## **SUCIG**
Support for the Ukraine Community Integration Scheme is now in its second round of funding. We continue to assist a significant number of Ukrainians with various services, including housing, benefits, documents, visas, and work support. We also provide translation services for housing services and medical appointments.
The Homes for Ukraine worker managed by us has transitioned to Homes for Ukraine, leaving us with two workers. These workers collaborate closely with the Network of partners and are part of the group facilitated by HVOSS for grant holders involved in the network.
**Ethos - Extending the Hand of Support**
team@ethos.uk.com
1177809
## **Household Support Fund**
Managing the delivery of the household support fund on behalf of Hereford Council for people experiencing financial difficulties. Support has been given to help with rent arrears, rent in advance and deposits to access a property. White goods and other essential items including where appropriate clothing such as school uniforms, workwear etc.
Due to the large amount received and then given out by us as grants we are over a threshold for some funders making our income to high, this is something we need to consider in future and also look at reporting accounts showing this clearly for funders to take into consideration.
£108,000 400+
Distributed
Households Supported
**Ethos - Extending the Hand of Support**
1177809 team@ethos.uk.com
## **Ethos Tenants**
Continuing support of 3 tenants in the upstairs apartment, with work opportunities and development available for people if appropriate.
Work on developing this model is ongoing due to the staff time it takes and access to grants to help support this project has been obtained for management time to look at enhanced housing payments.
Discussions with the LA around enhanced rents, referrals etc are ongoing. Applications for grant funding for a support worker are being identified.
**Ethos - Extending the Hand of Support**
team@ethos.uk.com
1177809
## Finances
While we continue to have funded projects that enable us to provide the services we do, we must increase our fundraising efforts to ensure we have a robust baseline of unrestricted funding. This will enable the charity to become more adaptable in an increasingly challenging and competitive funding environment.
We have commenced the process of establishing a reserve to ensure the financial stability of the organization and will continue to develop this over the next financial year. Bookkeeping has been moved in-house, which has enabled us to gain a better daily overview of the finances and ensure that spending is focused on the priorities of the charity. A greater emphasis on cash flow management will be necessary in the future, as large funding pots that typically smooth out cash flow cannot be relied upon. The charity is in a sound financial position, and with a greater focus on the above measures, we can continue to grow and support the communities we work with.
## Funding summary
£20,748 £327,571 £60,143 Donations Grant Funding Commercial
**Ethos - Extending the Hand of Support**
team@ethos.uk.com
1177809
## We'd like to thank all our donors for their generous support
**Ethos - Extending the Hand of Support**
team@ethos.uk.com
1177809
REGISTERED CHARtrY NUMBER: 1177809
Unaudited Financial Statements
for
HOS-Extendin
a Charitable Incor
the Hand of Su
rated Or
anisation
Thome Widqery Accountancy Ltd
Chartered Accountants
2 Wyevale Busine55 Park
Kings Acre
Hereford
Hefefordshire
HR4 7BS
ETHOS-Extendin
a Charitable Incor
the Hand of Su
orated O
anisation
Contents of the Financial Statements
for the Year EtTrded 30 A ri12024
Page
Report of the Trustees
IndepEndent Exarninerf5 Rewrt
Statement of Financial Actiwtie5
Balance Sheet
Note5 to the Financial statents
8 lo 13
tletailed Siatement of Financial ActiwtTes
14 to 15
ETHOS-Extendin the Hand of su
a Charitable Incor
rated Or anTrsation
rt ol the Trustees
for rhe Year Ended 30 A ri12024
The tru5tee5 present their report with the financial Statements of the charity for the year ended 30 April 2024. The
tru5tee5 have adopted the provisions of Accounting and Reporting by Charities.- Statement of Recommended Praciice
applicable to charitie5 preparing their acc(nts ITr aCCordce wth the Financial Reporting standard applicable in the
UK and Republic of Ireland IFRS 1021 (effective 1 January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
To reduce tx)verty and homele5sne5s by getting to the route causes such as financial hardship lack of support, menral
health and fo(xl tx)verty.
Activitie5 The Prevention and relief of roverty Homelessness and the preventlon ()f Poverty - Including food verty,
financial hardship Human poverty lack of connections and cotnfflun?ty support.
Public benefit
In shapin£ our objectives for the year and planning our activities. the truste have considered the Charity
Commission's guidance on public benefit.
Page 1
ETHOS-Extendin the HarTrd of Su
ort
a Chantable Incor orated Or
an15ation
Re
ort of the Trustee5
for the Year Ended 30 A ri12024
ACHIEVEMENT AND PERFORIIANCE
Charitable activities
owerin
lives Buildin
Communit
The charity has had another year of growth and success infunding bids along wth a hi£her demand for its seMces.The
chaiity has continued to work collalx>ratiYely wth other agencies and the Icral authority in 115 rnission against wverty
of all kinds.
Comtlluni
Larder
The communiry larder continues in its SLiccess in supporting people in fcrt)d roverty along with food waste, partnership
working wth IaL 5upertnarket5 through neighMurly and Fare share. We continue wth Fare share membership and
have foDd delivered weekly this Cost has Increased massively over
the La51 few Yea 15 supported by larder donation payments and ad hcr funding.
We are still workirTrg th Hereford food Alliance and trwng to get more l(tal pr(xJucers donating surplus but this is
still very sp)radic.
Cafe
The Cafe has tEen doing really well since OLsr new cook came on trK)ard as her long history in catering has helped
improve our ser¢ice and food offer. We have a number of Voluntee and now a placement through Hoople learnin8
work 5ki115. Thi5 IS sottEthing we will work on the developrnent of over the coming year.
The cornmunily Space Continu to be well used by both wth Art group, Knit and natter and ad hoc sessions.
Partners using the space continue5 Wth Hereford Mind, Hope Support 5etwce5, Wotven'5 Aid, Action for Happiness
sessi(Ms, GrowTrg L(ral all as regulars and then odd se5sion5 thrDugh Rural Media, 16* Team, Haircuts for hoffEless,
OptlCTan5, Health workers, HotnEle55 Outreach Team, Turning point.
ori for the UkraiTre Cotntnunil Int
raiion Scheme
Suppoil for the Ukraine Community Integration Scheme is now in its second round of funding. We continue to assist a
significant number of Ukiainian5 Wth variou5 5errfiEe5, including housing, benefit5, documents, visas, and work
support. We also provide translation 5ervice5 for housing 5ervice5 and rtEdical appointment5.
The Homes for Ukraine worker managed by us ha5 tran51tioned to Homes for Ukraine, leawng us with two
workers. These workers collaborate closely Mth the Network of partner5 and are part of the grp facilitaled by
HVOSS for grant holde15 involved In the network.
Fund
Managing Ihe delivery of the household support fund on behalf of Hereford Council for people experiencing financial
difficulties. SuppLYt has been given to help wth rent arrea, rent in advance and dewsits to acces5 a property.
White g(5 and other essential items including where appropriate clothing such as School uniform5, workwear etc.
Due to the large arnounl received and then given out by u5 as grants we are over a threshold for some furthrs making
our income to high, this is soryEthing we need io consider In future and also I(k at reporting accounts showng thi5
clearLy for funder5 to take Into consideration.
EfHOS Tenants
Continuing 5UPPOrt of 3 tenants in Ihe upstair5 apartment, wth work opportunities and development available for
people if appropriate.
Work on developing thi5 mdel is ongoing due to the staff tFme It lake5 and acces5 to granl5 to help support this
project has been obtained lor management time to l(K>k at enhènced housing payments.
Di5CU55ions with the LA around enhanced rents, referrals etc are ongoing.
Applications for grant funding for a suptK)rt worker are being identified.
Page 2
ETHOS-Extendin
a Chantable Incor
the Hand of Su
orated Or
nisation
rt of the Trustees
for the Year Ended 30 A nl 2024
FINANCIAL REVIEW
Flnancial position
The Tesults for the year show net expenditure of £14,49)12023.' net incorne £68,526). Net a55ets amwnted to £72,978
12023.. £87,468).
At the year end the charity had É22,666 IZ023'. £40,162) in unrestricted re5erve5, of which £10,423 120Z3'. £27,047)
were free reserves.
While we continue w have funded projects ihat enable us to provide ihe services we do, we must increase our
fundraising efforts ensure we have a robust baseline of unrestricted funding. This Ydll enable the chanly to become
more adaptable in an increasingly challenging and competitive funding enwronment.
We have comrnenced the process of e5tabli5hin8 a reserve to ensure the financial stability of the organisation and 11
conrinue to develop this over the next financial year. Bookkeeping has been tnoved in-house, which ha5 enabled us to
gain a better daily overwew of the finances and ensure that spending is focused on the prioiities of the charity.
greater em&thasTs on cash flow managemeni wll be necessary in the future, as larse funding pots rhat typically smooth
out cash flow cannot be relied upon. The charity is in a sound financial position, and with a greater focus on the above
rnea5ures, we can continue to grow and support ihe communities we work wilh.
ReseThes policy
It is the charitys aim to hold a minitnum of 9 tnonLh5 running costs in fFee reserves.
Going concern
The Truste have considered the future of the organi5ation in light of the current econotllic pre55ure5 in the UK and
feel satisfied that the income will nol be adversely affecied, however if it were, savings in expenditure can be made
in the short to medium term.
Due to these factors. the Trustees believe the organi5ation 15 a going concem for the fOreeable future of at least
twelve ffK>nths from date of signing Ihe5e financial staiements.
FUTURE PLANS
The Charitable Incorporated Organi5ation plan5 to Contin it5 ex15ting acliwties and explore other opportuniLie5 to
develop.
STRucfuRE, GOVERNANCE AND hiANAGEMENT
Governing document
The organisation is a Charitable Incorporaled Organi5ation ICIOI, Incorporated on 4 April 2018. The charity was
e5tabli5hed under a constitution which e5tabltshe5 the Ob]tiveS and tx)wer5 of the Cloand is governed under its
con5tTrtution.
Recruitment and appointment of new trustee5
New truslees are recruited by advert15ement and reaching out to networks to be able to recruit to the skills needed
wthin the board. The charity follows the charity commissions pr(Kedures for onboarding.
Organisational Structure
The Trustees meet frequently wth key staff and deal with the administration of the CIO encompassing the strategic
sion. financial accountability and risk management.
Day to day running of the CIO is undertaken by the key staff. working in conjunction with the Board of Tru5tee5.
REFERENCE AND ADMINISTRATIVE DAlL5
Registered Charity number
1177809
Principal addre55
10 Comrnercial Road
Hereford
HRI 2BB
Page 3
EfHOS-Extendin
the Hand of Su
rt
a Charitable Incor orated Or
an15atTOn
ort of the Trustees
for the Year Ended 30 A ri12024
Trustees
M5 M C Groves
E Kirk
R Hankins Ichairl
C Dan£erfield
Ms C Collis
IndepÈndÈnt Examiner
Lisa Weaver FCCA
Thorne Widgery Accountancy Ltd
Chartered Accountanls
2 Wyevale Busines5 Park
Kings Acre
Hereford
Herefordshire
HR4 7BS
17.02.2025
Approved by order of the board of trustees on
and Signed on its behalf by-
Ms M C Groves - Trustee
Page 4
Inde
ndent Examiner's Re
rt to the Tru5tee5 of
ETHOS-Extendin
the Hand of Su
Independent examiner's report to the trustees of Os-Extending the Hand of Support
I report to the charily Iru5lee5 on my exatnination of the accounts ol ETHOS-Exlending the Hand of Suppori Ithe
Trust) for the year ended 30 April 2024.
Re5Pgn5ibilitie5 and basis of rew)rt
As the charity Lru5tees of the Trust you are responsible for the preparation of the account5 in accordance wth the
requiretnent5 of the Charities Act 2011 1.the Acl'l.
I report in respect of my exarnination of the Trust's account5 carried out under SeCtiC 145 of the Act and in carrying
out my examination I have followed all applicable Direction5 given ty the Chanty Comtn15510n under Section 14515llbl
of the Act.
Independent examiner's statement
Since your charitls gross income exceeded £250,CW your examiner rnust be a member of a listed y. I can confirm
that l affl qualified lo undertake the examination because l am a member of the Associati( of Chartered Certified
Accounlants, which is one of the listed bodie5.
I have completed my examination. I confirm that no material matters have cotne to tny attention in connection th
tho oxaminalion 8ibing tne cause to believe that in any mat•rial r•5P•Ct:
accounting record5 were nol kept in respect of the Trust as required by Section 130 of the Act., or
the accounts do not accord wth those records., or
the accounts do not comply wqth the applicable requirements concerning the form and content of accounts sei
out in the Charities (Accounts and Reports) R¢ulaiions 2008 other than any requirement thai the acCLrtts
give a tiue and fair view which is not a matter considered as parr of an independent examination.
I have no concerns and have coffle acr055 no other matters in connection the examinalion lo which attenlion
should be drawn in this report in order io enable a proper under5tandin8 ol the accounts lo be reaihed.
Lisa Weaver FCCA
Thorne Widgery Accountancy Ltd
Chartered Accountants
2 Wyevale Business Park
Kings Acre
Hereford
Herefordshire
HR4 7BS
Date=
Pa8e 5
ETHOS-Ixtendin the Hand of su
a Charirable Incor
orated Or
anisarion
Statement of Financial Activities
for the Year Ended 30 A ri12024
30.4.24
Total
funds
30.4.23
Total
funds
Unrestricted
funth
Restricted
funds
Notes
INCOME AND ENt)OwMEfS FROM
Donation5 and legacie5
20,748
20.748
21,924
Charitable artivities
Homelessness and poverty support
327,571
327,571
231,674
Other trading actTvilies
Investment income
60,143
2,158
60,143
2,158
55,571
Total
83,049
327,571
410.620
309,169
EXPENDITURE ON
Charitable activities
HomelessnS and poverty support
100,544
324,566
425.110
240.643
NET INCOMEIIEXPENDITURE}
117,4951
3,5
114.4901
68,526
RECONCILIAMON OF FUNDS
Total funds brought forward
40,162
47,306
87,468
18,942
TOTAL FUNDS CARRIED FORWARD
22,667
50,311
72,978
87,468
The notes form part of these financial statements
Page 6
ETHOS-Extendin
the Hand of Su
a Charitable Incor
orated Or
n15ation
Balance Sheet
30 A ri12024
30.4.24
Total
fund5
30.4.23
Total
fund5
Unrestricted
funds
Restricted
fund5
NoLe5
FIXED ASSETS
Tangible assets
12,243
12,243
CURREKf ASSErs
Debtor5
Cash at bank and in hand
1,317
19,710
1,317
70,022
327
89,9(X)
50,312
21,027
50,312
71,339
90,227
CREDITORS
Arnounts falling dLJe wthin year
110,6041
110,6041
115,874
CURRENT AsSs
10,423
50,312
60,735
74,353
TOTAL Asstrs LESS CURRENT LIABILITIES
22,666
50,312
72,978
87,468
ASSETS
22,666
50,312
72,978
87,468
FUNDS
Unrestricted funds
Restricted funds
22,666
50,312
40,162
47,306
TOTAL FUNDS
72,978
87,468
The financial statetnents were approved by the Board of Tru5tee5 and auth0ri5ed for i55ue
..1.7.fj22025............... and were signed on its behalf by..
on
M C Groves - Trustee
The notes form part of these financial statements
Page 7
HOS-Exlendin the HarTrd of SLI
ort
a Charitable Incor orated Or ani5ation
Nole5 lo the Financial Statetnent5
lor the Year Ended 30 A ril 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial 5tatement5 of the chanly. which is a public nefit entity under FRS 102, have been prepared in
accordance wth the Charities SORP IFRS 1021 'ACCni7ng and Reporting by Charities.. StatettEnt of
RecMernded Praciice applicable io charities preparing their accounts in accordance th the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191.,
Financial Reportinq Standard 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Charities Act 2011. The financial statements have been prepared under thè historical c05l
convention.
ETHOS - Extending the Hand of Support, Charitable Incorporated Orsanisation meets the definition of a public
benefit entity under FRSI02.
Going concern
The Truslees have considered Ih@ future of the orEanisatTon in light Of thÈ current Ètonornic pressures ItTr the
UK and feel sal15fied that the income wll not be adversely affected, however if it were, sawngs in expenditure
can be made in the short to Ndiur term.
Due to these factor5, the Tru5tee5 believe the organisation 15 a going concern for the foreseeable future of at
least twelve mcth5 from date of signing these financTral staternentS.
Income
All income is recogni5ed in the Statement of Financial Actiwtie5 once the charity has entitlement tcl the funds,
it is probable that the incotne wll be received and the amount can be mcasurcd rcliably.
Expenditure
Liabilities are recognised as expenditure as soon as there TS a legal or constructive obligation comrnitting the
charity to that expenditure, it is prcbable that a transler of economic benefirs wll be required in settlement
and the arnount of the obligation can be rneasured reliably. Exponditure 15 accounted for on an accruals basts
nd has been c5assified under headings that agsregare all cost related to the caie£ory. Where costs cannot t
directly attributed to particular headings they have been allated to activities on a basis consistent th the
use of re50urce5.
Tangible fixed a55el5
Depreciation is provided at the following annual rates in order to write off each asset over it5 estitnated useful
Fixture5 and fittings
Motor vehicle5
Cotnputer equipment
25% on c05t
25% on c05t
25% on cost
Indiwdual fixed a55et5 C05ting £1,000 or more are capita115ed at C05t.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unre5lricted ILJnd5 can be used in accordance with the charitable objectives at the discietion of the Irustee5.
Restricted fund5 can Only be used for particular restricted wrposes wthin the objects of the charity.
Restrittions an5e when specified by the donor or when funds are ra15ed lor particular restncted purp05e5.
Further explanalTOn of the nature and pUrSe of each fund is included in the note5 to the financial
Statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis
over the period of the lease.
Page 8
continued...
ETHOS-Extendin
a Chantable Incor
the Hand of Su
rated Or
ani5ation
Notes to the Financial Statements continued
for the Year Ended 30 A nl 2024
ACCOUNTING POLICIES - continued
Pension costs and other post-retirement bÈnèfits
The charity operates a defined contribution pension Scheme. Contribution5 payable to the charity's tEn510n
scherne are charged io the Statement of Financial Activitie5 in the peri(KJ to which they relate.
Donated servicès or facilitiés
Donated seThqces or facilitie5 are included in incoming resourc when the benefit ro Ihe charity is
reasonably quantifiable and measurable. They are valued by the IrLJStees ai the amount the charity
would have been willing to pay for the serwces or facilities on the open tnarket.
Debtor5
Trade and other debrors are recognised at the serrlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any Irade discounts due.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments vllth a short maturiiy of
three months or le55 frotll the date of acquisition or opening of the dewsit or similar account.
Creditors and proS1OnS
Credit(Ks and prolqsions ale recognised where the charity ha5 a present obligalion resulting from a pasl event
that wll probably result in the transfer of funds to a third party and the amount due t0 settle the obligatic
can be measured or estimated reliably. Creditors and provisions are normally recognised at their settletnent
3munt after allowing for any trade discounts due.
OTHER TRADING ACMVITIES
30.4.24
30.4.23
Cafe sales
Larder contribution5
Rent received
22,943
21,575
15,625
23,611
18,990
12.970
60,143
55,571
INVESTME1 INCOME
30.4.24
30.4.23
Deposit account interest
2,158
TRUSTEES, REMUNERATION AND BENEFITS
30.4.24
30.4.23
Trustees. salaries
Trustee5 50cial Security
TrusLees' pensions paid
38,660
4,080
973
38,5CQ
4,058
968
43,713
43,526
Tru5lee, M5 Al Groves, received retnuneraliop. +rom the chanty for their managernent of projects during the
year.
No other triJ5tee5 received any ietnL1nerati(.
Paqe 9
continued...
trHOS-Extendin the Hènd of Su
a Charritable Incor orated Or
nisation
Notes to the Financial Staterrents continued
for the Year Ended 30 A nl 2024
TRUSTEES, REMUNEPATION AND BENEFITS - contlnued
Trustees, expenses
During the year the charity reimbursed expen5e5 of £65 12023.. 16151 to one 12023.. one) trustee's for items
purchased on the charitys behalf.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACMVITIES
Unrestricted
fun
Restricted
funds
Total
fund5
INCOME AND ENDOWMENTS FROM
Donaticns and legacies
21,924
21,924
Charitable activities
Homelessness and wverty sUPrt
231,674
231,674
Other trading actiwties
55,571
55,571
Total
77,495
231,674
309,169
EXPENDITURE ON
Charitable actTVitie5
Hofflele55ne55 and tK)verty 5UPtK>rt
53,275
187,368
240,643
INCOME
24,220
44,306
68,526
RECONCILIATION OF FUNDS
Total funds brought forward
15,942
18,942
TOTAL FUNDS CARRIED FORWARD
40,162
47,306
87,468
TANGIBLE FIXED AssErs
Fixtures
and
Motor
vehicles
Computer
equipment
Tota15
COST
At 1 May 2023
Additi(5
519
4,994
16,995
958
18,472
4,994
At 30 April 2024
5,513
16,995
958
23,466
DEPRECIATION
At 1 May 2023
Charge for year
390
1,377
4,249
4,249
718
240
5,357
5,866
At 30 April 2024
1,767
8.498
958
11,223
BOOK VALUE
At 30 April 2024
3.746
8.497
12,243
At 30 April 2023
129
12,746
240
Page 10
continued...
ETHOS-Extendin
a Charitable Incor
the Hand of Su
rated Or
nisation
Notes to the Financial Siatemenl5 - continued
for the Year Ended 30
ril 2024
DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24
30.4.23
Trade debtors
1,317
327
CREDITORS: *MOUNTS FALLING DUE WITHIN ONE YE4R
30.4.24
30.4.23
Trade creditors
Taxation and social secunty
Other creditor5
5,272
3,432
1,9(
13,375
699
10,604
15,874
MOVEME IN FUNDS
Net
movement
in funds
At
30.4.24
At1.5.23
Unre5tricled funds
General fund
40,162
117,4961
22,666
Restricted fund5
National Lottery
Rank Foundalion
Eve50tn Trust
B&Q Neighbourly Foundation
Herefordshire Couniy Council
13,236
11,640
17,7511
13,236
11,640
25,0(X)
436
32,751
555
14,WO
114,(KK)I
47,306
3,006
50,312
TOTAL FUNDS
87,468
114,4901
72,978
Nei movement in fund5, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted fun
General fund
83,049
I1,545
117,4961
Restricted funds
National Lottery
Hereford Community Foundation
Rank Foundation
The Mutnfoid AletTK>rial Trust
Evesom Trust
Separ Internati(al
B&Q Neighbourly Foundation
Herefordshire County Council
20,(KO
2,OCO
45,445
16,7641
12,000
133,8051
15,0001
132,7511
110,0(M)I
13,236
11,640
25,000
10,000
17,7511
220,126
1234,1261
114,0001
327,571
1324,5651
TOTAL FUNDS
410,620
1425,1101
114,4901
Page 11
continued...
ETHOS-Extendin the Hand of Su
a Charitable Incor
rated Or
nisation
Notes io the Financial Statements continued
for the Year Ended 30 A ri12024
MOVEMENT IN FUNDS - continued
Cornparatlyes for movement in funds
Net
rnovement
in fund5
At
30.4.23
At1.5.22
Unrestrieted funds
General fund
15,942
24,220
40,162
Restricied funds
National Lottery
Hereford Community Foundation
Eve50tn Trust
B&Q Neighbourly Foundation
Herefordshire County Council
1,0
2,mO
11,CKJOI
12,WOI
32,751
555
14,000
32,751
555
14,(X)O
3,OCKI
44,306
47,306
TOTAL FUNDS
18,942
68,526
87,468
Comparative net movement in funds, included In the atove are as follows..
Incorning
rey)urces
Re50urce5
expended
Movement
in fund5
Unrestricted fund5
General fund
77,495
153,2751
24.220
Restricted funds
National Lottery
Hereford Community Fndation
Rank Foundation
Ladau Ltd
The Murnford Metnorial Trust
Evesom Trust
National Grid
Separ Internatimal
Groundwork UK
B&Q Neighbourly FoundatTron
Herefordshire County Council
11,tx)01
116,7501
11.1i(K)I
12,IXN)I
14,750
15,138
16,CM)O
15,CKIO
50,(M)O
10,(K)O
I16,0)
I15,0)
117,2491
I10,0(}
18,0(NJ
15COI
110,OCQ
177,7311
32,751
500
10,555
91,731
555
14,000
231,674
1187,3681
44,306
TufAL FUNDS
309,169
1240,6431
68,526
Page 12
continued...
ETHOS-Extendin the Hand of Su
a Charitable Incor
orated Or
anisation
Notes to the FT
al Statements - continued
foi Ihe Year Ended 30
ri12024
10.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 April 2024.
Page13
Thorne Widgery Accountancy Ltd 2 Wyevale Business Park Kings Acre Hereford HR4 7BS
Dear Sirs
The following representations are made on the basis of enquiries of management and staff with relevant knowledge and experience such as we consider necessary in connection with your independent examination of the charity’s financial statements for the year ended 30 April 2023. These enquiries have included inspection of supporting documentation where appropriate and are sufficient to satisfy ourselves that we can make each of the following representations. All representations are made to the best of our knowledge and belief.
## General
1. We acknowledge that the work performed by you is substantially less in scope than an audit performed in accordance with International Standards on Auditing (UK) and that you do not express an audit opinion.
2. We confirm that the charity was entitled to exemption under section 144 of the Charities Act 2011 the requirement to have its financial statements for the financial year ended 30 April 2023 audited.
3. We have fulfilled our responsibilities as trustees as set out in the terms of your engagement letter, under the Charities Act 2011 for preparing financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), for being satisfied that they give a true and fair view and for making accurate representations to you.
4. All the transactions undertaken by the charity have been properly reflected and recorded in the accounting records.
5. All the accounting records have been made available to you for the purpose of your independent examination. We have provided you with unrestricted access to all appropriate persons within the charity, and with all other records and related information requested, including minutes of all management and trustee meetings and correspondence with The Charity Commission.
6. The financial statements are free of material misstatements, including omissions.
7. The effects of uncorrected misstatements are immaterial both individually and in total.
## Assets and liabilities
8. The charity has satisfactory title to all assets and there are no liens or encumbrances on the charity’s assets, except for those that are disclosed in the notes to the financial statements.
9. All actual liabilities, contingent liabilities and guarantees given to third parties have been recorded or disclosed as appropriate.
10. We have no plans or intentions that may materially alter the carrying value and, where relevant, the fair value measurements or classification of assets and liabilities reflected in the financial statements.
## Accounting estimates
11. The methods, data and significant assumptions used by us in making accounting estimates, and their related disclosures, are appropriate to achieve recognition, measurement and disclosure that is reasonable in the context of the applicable financial reporting framework.
## Legal claims
12. We have disclosed to you all claims in connection with litigation that have been, or are expected to be, received and such matters, as appropriate, have been properly accounted for and disclosed in the financial statements.
## Laws and regulations
13. We have disclosed to you all known instances of non-compliance or suspected non-compliance with laws and regulations whose effects should be considered when preparing the financial statements.
## Related parties
14. Related party relationships and transactions have been appropriately accounted for and disclosed in the financial statements. We have disclosed to you all relevant information concerning such relationships and transactions and are not aware of any other matters which require disclosure in order to comply with legislative and accounting standards requirements.
## Subsequent events
15. All events subsequent to the date of the financial statements which require adjustment or disclosure have been properly accounted for and disclosed.
## Going concern
16. We believe that the charity's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the charity's needs. We have considered a period of twelve months from the date of approval of the financial statements. We believe that no further disclosures relating to the charity's ability to continue as a going concern need to be made in the financial statements.
## Grants and donations
17. All grants, donations and other income, the receipt of which is subject to specific terms or conditions, have been notified to you. There have been no breaches of terms or conditions in the application of such income.
## Yours faithfully
.......................................................................................................................... Signed on behalf of the board of trustees of ETHOS – Extending the Hand of Support CIO