2023-03-31-accounts - Hope Into Action Portsmouth

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			Page
Report ofthe Trustees		1	to	6
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements		10 to		16

					2023	2022
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes		E		E
INCOME AND ENDOWMENTS	FROM
Donations and legacies			19,444		19,444	9,707
Charitable activities
Activities undertaken directly			158,416	42,480	200,896	107,183
Total			177,860	42,480	220,340	116,890
EXPENDITURE ON
Charitable activities
Activities undertaken directly			156,239	21,919	178,158	121,832
NET INCOME/(EXPENDITURE)			21,621	20,561	42,182	(4,942)
RECONCILIATION OF FUNDS
Total funds brought forward			2,060	'I3,419	15,479	20,421
TOTAL FUNDS CARRIED FORWARD			23,681	33,980	57,661	15,479

	BALANCE SHEET 31 MARCH 2023
		2023	2022
	Notes
FIXEDASSETS
Tangible assets	10	1,017
CURRENT ASSETS
Debtors Cash at bank		20,668 37,549	8,114 8,865
		58,217	16,979
CREDITORS
Amounts falling due within one year	12	(1,573)	(1,500)
NET CURRENT ASSETS		56,644	15,479
TOTAL ASSETS LESSCURRENT
LIABILITIES		57,661	'l5,479
NET ASSETS		57,661	15,479
FUNDS	14
Unrestricted funds Restricted funds		23,681 33,980	2,060 13,419
TOTAI FUNDS		57,661	15,479

							2023	2022
Donations							19,444	9,707
INCOME FROM	CHARITABLE			ACTIVITIES
							2023	2022
			Activity				E	F
Grants			Activities		undertaken	directly	19,900	11,200
Income from housing
benefit and tenants			Activities		undertaken	directly	111,917	76,723
Income from investors			Activities		undertaken	directly	69,079	19,260
							200,896	107,183
Grants received,	included	in	the	above,	are as follows:
							2023	2022
Other grants								2,000
The National Lottery Community				Fund			9,900	9,200
The Partnership	Foundation						10,000
							19,900	11,200

			Direct	Support
			Costs (see	costs (see
			note 5)	note 6)	Totals
Activities undertaken	directly		174,'l 50	4,008	178,158
DIRECT COSTS OF	CHARITABLE ACTIVITIES
				2023	2022
Staff costs insurance Premises costs Refurbishment, repairs Staffexpenses Other staff costs General administration Travel and subsistence Franchise fee Investor rentals Legal and professional		and renewals fees		62,577 2,046 24,738 46,335 1,113 1,494 2,780 3,242 1,800 21,9'l 9 6,106	46,287 1,506 19,199 24,760 5,631 4,083 2,096 705 2,039 9,940 2,766
				174,150	119,012
SUPPORT COSTS
				Governance
			Other	costs	Totals
Activities undertaken	directly		381	3,627	4,008
Support costs, included		in the above, are as follows;
Other
				2023	2022
				Activities
				undertaken	Total
				directly	activities
Depreciation of tangible		fixed assets		F 381	F
Governance costs
				2023	2022
				Activities
				undertaken	Total
				directly	activities
Accountancy fees Independent examination				F 2,055 1,572	1,320 1,500
				3,627	2,820

STAFF COSTS
							2023	2022
							E	E
Wages and salaries							62,577	46,287
							62,577	46,287
The average monthly	number of	employees		during	the year	was as follows:
							2023	2022
Operations manager							1	1
Empowerment worker							3	2
No employees received emoluments			in excess of		f60,000.
COMPARATIVES FOR THE STATEMENT				OF FINANCIAL		ACTIVITIES
						Unrestricted	Restricted	Total
						fund	fund	funds
						C
INCOME AND ENDOWMENTS		FROM
Donations and legacies						9,707		9,707
Charitable activities
Activities undertaken	directly					87,923	19,260	107,183
Total						97,630	19,260	116,890
EXPENDITURE ON
Charitable activities
Activities undertaken	directly					111,892	9,940	121,832
NET INCOME/(EXP ENDITURE)						(14,262)	9,320	(4,942)
RECONCILIATION OF FUNDS
Total funds brought forward						16,322	4,099	20,421
TOTAL FUNDS CARRIED FORWARD						2,060	13,419	15,479

10.	TANGIBLE FIXEDASSETS	TANGIBLE FIXEDASSETS	TANGIBLE FIXEDASSETS
				Fixtures
				and	Computer
				fittings	equipment	Totals
					f.
	COST
	Additions			636	762	1,398
	DEPRECIATION
	Charge for year			127	254	381
	NET BOOK VALUE
	At 31 March 2023			509	508	1,017
	At 31 March 2022
11.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
					2023	2022
	Trade debtors Prepayments and accrued		income		7,931 12,737	F 6,501 1,613
					20,668	8,114
12.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2023	2022
					F
	Other creditors				1,573	1,500
13.	ANALYSIS OF NET ASSETSBETWEEN FUNDS
					2023	2022
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
	Fixed assets Current assets Current liabilities		1,017 24,237 (1,573)	33,980	1,017 58,217 (1,573)	16,979 (1,500)
			23,681	33,980	57,661	15,479
14.	MOVEMENT IN FUNDS
					Net
					movement	At
				At 1.4.22	in funds	31.3.23
	Unrestricted funds
	General fund			2,060	21,621	23,681
	Restricted funds
	Specific gifts			13,419	20,561	33,980
	TOTAL FUNDS			15,479	42,182	57,661

Comparative	net movement in funds, inc	luded in the above are as follows	:
		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted	funds
General fund		97,630	(111,892)	(14,262)
Restricted funds
Specific gifts		19,260	(9,940)	9,320
TOTAL FUNDS		116,890	(121,832)	(4,942)