## **Trustees’ Annual Report for the period** ## **From 01/04/2023 To 31/03/2024** ## **Charity name: Hope City Furniture** ## **Charity registration number: 1181097** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**Hope City Furniture has four purposes:**
**advancement of the Christian faith;**
**relieving financial hardship by providing**
**furniture and household items to those**
**rehoused due to crisis who could not**
**otherwise afford them; protecting and**
**preserving the environment through**
**promoting the reuse and recycling of**
**furniture and household items; and**
**promoting social inclusion.**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**Hope City Furniture works in**
**partnership with many different**
**agencies and organisations in Derby**
**who refer people to us who have been**
**rehoused due to crisis for the provision**
**of free good quality furniture and**
**household items. During the reporting**
**period we received around 175 referrals**
**and gave away over 750 items of**
**furniture. Those referred to us included**
**refugees (in particular many Ukrainians**
**who were moving on from host**
**families), women and families fleeing**
**domestic violence, the homeless,**
**victims of human trafficking, those**
**moving on from supported**
**accommodation and those recovered**
**from substance abuse. On every**
**referral we explain that we are**
**Christians and offer to pray for the**
**person and also offer them a Bible**
**and/or tracts in their language if they**
**would like one. However, there is no**
**obligation to receive either, and neither**
**are a condition of receiving our services**
**as we provide furniture to people of all**
**faiths and no faith. All the furniture we**
**give away has been donated to us thus**
**we actively promote the upcycling and**
**recycling of what would otherwise**| |||**potentially be landfill furniture, in order**
**to reduce the impact on the environment**
**of such unnecessary wastage. We also**
**sell some antique and vintage furniture**
**to provide an income stream for the**
**charity in order to make it as self-**
**sustainable as possible. This furniture**
**is primarily sold on Facebook**
**Marketplace for upcycling and is mostly**
**furniture that we have been donated but**
**is not suitable to give away. The selling**
**of this furniture again relates to the**
**purpose of protecting and preserving**
**the environment through promoting the**
**reuse and recycling of second-hand**
**furniture. Most of the people referred to**
**us have experienced trauma due to the**
**different crises they have been through,**
**and most are lonely and isolated. In**
**order to promote social inclusion, we**
**often revisit those referred to us if there**
**is an open door to do so for social**
**interaction. We also try to connect**
**people to other organisations and**
**projects in Derby for ongoing support**
**and especially connect people into**
**churches around Derby where this is**
**appropriate.**| |---|---|---| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**When planning activities for the year,**
**the trustees have considered the**
**Commission’s guidance on public**
**benefit.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||
SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|**Hope City Furniture is hugely grateful**
**and acknowledges the essential**
**contribution made by volunteers in**
**running the charity over the past year –**
**especially Richard Fraser, Fiona Fraser,**
**Phil Batten, and Andrew Vaughan. We**
**are also grateful for those who support**
**us in ancillary roles – Elaine Nanson**
**who makes us New Home cards and**
**Francis Chan for his invaluable IT**| **support.** Other ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**During the period of this report Hope**
**City Furniture has processed around**
**175 referrals and has given away over**
**750 items of furniture to people who**
**have been rehoused due to crisis and**
**who have found themselves in the**
**position of having to completely furnish**
**a new home without the means to do so.**
**This provision has greatly benefitted**
**those who have received it. We have**
**also given out over 100 New**
**Testaments and Bibles, and well over**
**100 tracts in around 10 different**
**languages and have prayed with almost**
**everyone we have delivered furniture to.**
**Many times, people have been touched**
**by the presence of God as we have**
**prayed for them. We have sold around**
**100 items of second-hand furniture**
**primarily for upcycling. This, together**
**with the furniture given away totals over**
**850 items of furniture and household**
**items reused and recycled which has**
**undoubtedly reduced unnecessary**
**landfill and wastage.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |
Achievements against
objectives set|
Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |Review of the charity’s
financial position at the end
of the period|Para 1.21|**The opening balance at 01/04/2023 was**
**£14,788.74 of which £150.28 was**
**restricted to literature purchase.**
**Total receipts for the period of this**
**report were £15,690.44 of which £2,500**
**was restricted funding received from**
**WEC International for renovating and**
**equipping the furniture restoration**
**workshop. Unrestricted income came**
**primarily from sales of donated goods**
**and unrestricted donations. We also**
**received a grant of £2,500 from**
**Foundation Derbyshire.**
**Expenditure for the period was**
**£13,721.50, of which £150.28 was**
**restricted. Unrestricted expenditure**
**consisted primarily of the costs of**
**charitable activities. Restricted**
**expenditure was for literature.**
**The net result for the year was an**
**excess of receipts over expenses giving**
**a total profit of £1,968.94 and a closing**
**balance of £16,757.68 of which £2,500**
**was restricted for the furniture**
**restoration workshop.**| |---|---|---| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Hope City Furniture has a reserves**
**policy which states the charity aims to**
**always have three months**
**(approximately £3,500) of operating**
**costs in the bank account. Should the**
**amount in the bank account fall below**
**this figure, then measures will be taken**
**to limit expenditure. Every effort will**
**then be made to rebuild three months of**
**operating costs as quickly as possible.**
**Reserves are held in order to cover the**
**following:**
**1. Contingency: unexpected expenditure**
**in the event of an emergency;**
**2. Cash-flow: situations where a bill has**
**to be paid before the money to cover it**
**has been received;**
**3. Commitment: a commitment to**
**expenditure which cannot be covered by**
**the annual income;**
**4. Closure: the charity becomes**
**financially unsustainable and has to be**
**wound up.**
**As of the 31st March 2024 Hope City**
**Furniture’s closing balance was**| |||**£16,757.68 of which £2,500 was**
**restricted.**| |---|---|---| |Amount of reserves held|Para 1.22|**£3,500**| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |
The charity’s principal
sources of funds (including
any fundraising)|
Para 1.47|| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**CIO Foundation**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**Hope City Furniture is registered as a**
**CIO**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**The trustee recruitment process for**
**Hope City Furniture is outlined in the**
**Trustee Recruitment Policy and the**
**expectations of the role are clearly**
**outlined in the Trustee Role Description.**
**New trustees are appointed by the**
**existing trustee board. A Trustee**
**Nomination Form is completed by an**
**existing trustee detailing the reasons**
**why they are nominating a certain**
**person as charity trustee. This form is**
**then reviewed by the whole trustee**
**body. The prospective trustee is then**
**invited to fill in an application form and**
**references are taken up. All trustees of**
**Hope City Furniture are required to sign**
**a declaration stating that they have read**
**and understood the Statement of Faith**
**and the Core Practices of Hope City**
**Furniture as expressed in Hope City**
**Furniture’s****_“Ethos and Core Values.”_**
**and will aspire to live accordingly to**
**them and act in accordance with them.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |
Policies and procedures
adopted for the induction
and training of trustees|
Para 1.51|
**Trustee Recruitment Policy, Trustee**
**Role Description, Trustee Nomination**
**Form, Trustee Application Form, Trustee**
**Reference Form, Trustee Declaration**| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any
related parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charity name|**Hope City Furniture**| |---|---| |Other name the charity uses|| |Registered charity number|**1181097**| |Charity’s principal address|**Barn 4**
**Highfield Farm**
**Heage Lane**
**Etwall**
**Derbyshire**
**DE65 6LS**| ||| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body) entitled to**
**appoint trustee (ifany)**| |---|---|---|---|---| ||Paul Hutchinson|Chair||| ||Fiona Fraser|Treasurer|Resigned 06/02/2024|| ||Richard Fraser||Resigned 06/02/2024|| ||Helen Hutchinson|||| ||Patrick Johnstone|||| ||Robyn Johnstone|||| ||David Crump|||| ||Elizabeth Crump|||| ||Rai Dass|||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved ## **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** Richard and Fiona Fraser ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Fiona Fraser **Position (eg Secretary,** CEO **Chair, etc) Date** 30/04/2024 |**HOPE**|**CITY FURNITURE**|**CITY FURNITURE**||**1181097**|| |---|---|---|---|---|---| ||**Receipts andpayments accounts**||||**CC16a**| |**For**|**the period**
**from**|4/1/2023|**To**|3/31/2024|| ## **Section A Receipts and payments** |**Section A Receipts and payments**|**Section A Receipts and payments**||||| |---|---|---|---|---|---| |**A1 Receipts**
Activities forgeneratingfunds
**4,410**
Donations
**6,218**
Funding
**2,500**
Gift Aid
**62**
Other
**-**
**-**
**13,190**
**Unrestricted**
**funds**
**to the nearest £**
**_Sub total_**_(Gross income for AR)_||**to the nearest £**
**-**
**2,500**
**-**
**-**
**-**
**-**
**2,500**
**Restricted**
**funds**|**to the nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Endowment**
**funds**|**Total funds**
**to the nearest £**
**4,410**
**6,218**
**5,000**
**62**
**-**
**-**
**-**
**-**
**15,690**|**Last year**
**to the nearest £**| |Activities forgeneratingfunds|**4,410**|**-**|**-**|**4,410**|**-**| |Donations|**6,218**||**-**|**6,218**|**-**| |Funding|**2,500**|**2,500**|**-**|**5,000**|**-**| |Gift Aid|**62**|**-**|**-**|**62**|**-**| |Other||**-**|**-**|**-**|**-**| ||||**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| ||**-**|**-**|**-**|**-**|**-**| |**_Sub total_**_(Gross income for AR)_|**13,190**
|**2,500**|**-**|**15,690**|**-**| |**-**
**-**
**_Sub total_ -**
**_Total receipts_ 13,190**
**A2 Asset and investment sales,**
**(see table).**||**-**
**-**
**-**
**2,500**|**-**
**-**
**-**
**-**|**-**
**-**
**-**
**15,690**|| ||||||| ||||||**-**| ||||||**-**| ||||||| |||**2,500**|**-**|**15,690**|**-**| |**A2 Asset and investment sales,**|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |**(see table).**|||||||||||| |||**-**||**-**||**-**||**-**|||| |||**-**||**-**||**-**||**-**||**-**|| |**_Sub total_**||**-**||**-**||**-**||**-**||**-**|| ||||||||||||| |**_Total receipts_ **||**13,190**||**2,500**||**-**||**15,690**||**-**|| |**A3 Payments**
Literature Purchase
**208**
Tithe
**900**
Cost of Charitable Activities
**8,423**
Commercial Insurance
**2,015**
Cost of Activities to Generate Funds
**120**
Salary
**1,905**
**_Sub total_ 13,571**
**-**
**-**
**_Sub total_ -**
**_Total payments_ 13,571**
**_Net of receipts/(payments)_ - 381**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**14,638**
**_Cash funds this year end_ 14,257**
**A4 Asset and investment**
**purchases, (see table)**|**150**
**-**
**-**
**-**
**-**
**150**
**-**
**-**
**-**
**150**
**2,350**
**-**
**150**
**2,500**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**358**
**900**
**8,423**
**2,015**
**120**
**1,905**
**-**
**-**
**13,721**
**-**
**-**
**-**
**13,721**
**1,969**
**-**
**14,788**
**16,757**|| |---|---|---|---|---| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||**-**| |||||| |||||| |||||| |||||**-**| |||||| |||||**-**| |||||| ||**2,350**|**-**|**1,969**|**-**| ||**-**|**-**|**-**|**-**| ||**150**|**-**|**14,788**|**-**| ||**2,500**|**-**|**16,757**|**-**| ## **Section B Statement of assets and liabilities at the end of the period** |**Categories**
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
Signed by one or two trustees on
behalf of all the trustees|**Details**
**Details**
**Details**
**Details**
Ford Transit Van
**Details**
Signature
**_Total cash funds_**
(agree balances with receipts and payments
account(s))|**to nearest £**
**to nearest £**
**14,257**
**2,500**
**-**
**-**
**-**
**-**
**14,257**
**2,500**
OK
OK
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**16,440**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Print Name
Fiona Fraser
**Unrestricted**
**funds**
**Restricted**
**funds**
**Unrestricted**
**funds**
**Restricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**|**to nearest £**
**Endowment**
**funds**| |---|---|---|---| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||OK| ||||**to nearest £**
**Endowment**
**funds**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**Current value**
**(optional)**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**-**| ||||**When due**
**(optional)**| ||||| ||||| ||||| ||||| ||||| ||||| ||||Date of
approval| |||Fiona Fraser|4/30/2024| |||||