2025-03-31-accounts

Trustees’ Annual Report for the period

From 01/04/2024 To 31/03/2025

Charity name: Hope City Furniture

Charity registration number: 1181097

Objectives and Activities

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SORP reference
Summary of the purposes of Para 1.17 Hope City Furniture has four purposes:
the charity as set out in its advancement of the Christian faith;
governing document 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.
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Objectives and Activities	Objectives and Activities	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 185 referrals and gave away over 1,000 items of furniture. Those referred to us included refugees, women and families fleeing domestic violence, the homeless, victims of human trafficking, those moving on from supported accommodation and those recovered from substance abuse amongst many others. 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 therefore we actively promote the upcycling and recycling of what would otherwise potentially be landfill furniture, in order to reduce the impact

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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
to established contacts for upcycling
and resale and is mostly furniture that
we have been donated that 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 Para 1.18 When planning activities for the year,
whether the trustees have the trustees have considered the
had regard to the guidance Commission’s guidance on public
issued by the Charity benefit.
Commission on public
benefit
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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, Phil Batten, Andrew Vaughan, Rai Dass and Derek Freemantle. We are also grateful for those who support us in ancillary roles – Elaine Nanson who makes us New Home cards, Steve Adam who audits

our accounts and Francis Chan for his invaluable IT support. Other

Achievements and Performance

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SORP reference
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Achievements and Performance	Achievements and Performance	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 185 referrals and has given away over 1,000 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 200 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 200 items of second-hand furniture primarily for upcycling and resale. This, together with the furniture given away totals over 1,200 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 01/04/2024 was £16,757.68 of which £2,500 was restricted to the workshop fund. Total receipts for the period of this report were £52,712.39 of which £27,600 was restricted funding received from various trust funds. Unrestricted income came primarily from sales of donated furniture and unrestricted donations. Funding and grants received during the reporting period came from Foundation Derbyshire, The Benefact Trust, Deo Gloria, The Foundry International, Sir Cliff Richard Charitable Trust, Angela Gallagher Memorial Fund, The Dorcas Trust, The Barleycorn Trust, The Marsh Charitable Trust, and The National Lottery Community Fund. Expenditure for the period was £45,971.84, of which £18,652.40 was restricted. Unrestricted expenditure consisted primarily of the costs of charitable activities and payroll. Restricted expenditure related to specific areas of the costs of running the charity for which funding was received for. The net result for the year was an excess of receipts over expenses giving a total profit of £6,740.55 and a closing balance of £23,498.23 of which £11,447.60 was restricted funding.
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 £12,000) 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;

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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 31 [st] March 2025 Hope City
Furniture’s closing balance was
£23,498.23 of which £11,447.60 was
restricted funding.
Amount of reserves held Para 1.22 £12,000
Reasons for holding zero Para 1.22
reserves
Details of fund materially in Para 1.24
deficit
Explanation of any Para 1.23
uncertainties about the
charity continuing as a going
concern
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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

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Description of charity’s
trusts:
Type of governing document Para 1.25 CIO Foundation
(trust deed, royal charter)
How is the charity Para 1.25 Hope City Furniture is registered as a
constituted? CIO
(e.g unincorporated
association, CIO)
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Structure, Governance and Management	Structure, Governance and Management	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

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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
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Names of the charity trustees who manage the charity

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Dates acted if not for Name of person (or body) entitled to
Trustee name Office (if any)
whole year appoint trustee (if any)
1 Paul Hutchinson Chair
2 Helen Hutchinson
3 Patrick Johnstone
4 Robyn Johnstone
5 David Crump Resigned 31/12/2024
6 Elizabeth Crump Resigned 31/12/2024
7 Rai Dass
8
9
10
11
12
13
14
15
16
17
18
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– 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) Paul Hutchinson Position (eg Secretary, Chair of Trustees Chair, etc) Date 17/04/2025

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HOPE CITY FURNITURE 1181097
Receipts and payments accounts CC16a
For the period 01/04/2024 31/03/2025
To
from
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Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest
to the nearest £ to the nearest £ to the nearest £ to the nearest £
£
A1 Receipts
Activities for generating funds 6,354 - - 6,354 -
Donations 8,645 - 8,645 -
Funding 10,000 27,600 - 37,600 -
Gift Aid 83 - - 83 -
Other 31 - - 31 -
- - -
- - - - -
- - - - -
Sub total (Gross income for
27,600 - 52,712 -
AR) [ 25,112 ]
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 25,112 27,600 - 52,712 -
A3 Payments
Literature Purchase 678 - 678 -
Tithe 500 - - 500 -
Cost of Charitable Activities 9,669 4,203 - 13,872 -
Commercial Insurance 488 732 - 1,220 -
Payroll 16,663 13,039 - 29,702 -
- - - -
- - -
Sub total [ 27,320 ] 18,652 - 45,972 -
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 27,320 18,652 - 45,972 -
Net of receipts/(payments) - 2,207 8,948 - 6,740 -
A5 Transfers between funds - - - - -
A6 Cash funds last year end 14,257 2,500 - 16,757 -
Cash funds this year end 12,050 11,448 - 23,497 -
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CCXX R1 accounts (SS)

10/06/2025

1

Section B Statement of assets and liabilities at	Section B Statement of assets and liabilities at	the end of the period
Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets CCXX R2 accounts (SS)	Signature Details Details Ford Transit Van Details Details Total cash funds (agree balances with receipts and payments account(s)) Details 2	Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - 12,050 11,448 OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) 16,440 - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Fiona Fraser	Endowment funds to nearest £ - - -
			-
			OK
			Endowment funds to nearest £ - - - - - - Current value (optional) - - - - - Current value (optional) - - - - - - - When due (optional) Date of approval 17/04/2025 10/06/2025

CCXX R2 accounts (SS)

CCXX R3 account5 ISSI 1010612025

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report lo the trusteesl members of Hope City Fumiture On accounts for the year ended 31°, March 2025 Charity no (If any) 1181097 Set out on pages I rett*rt to Ihe truslees on my examination of the accounts of the above charity ("Ihe Trust") for the year ended 3110312025 Rosponslbllltles and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with Ihe requirements of the Charities Act 2011 ('the Ad"). I report in respect of my examination of Ihe Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination. have followed the applicable Directions given by the Charity Commission under section 145{5)(b) of the Acl. I have completed my examination. I confimi that no malerial matters have come to my attention in connection with the examination which gives me cause to believe that in, any material resped= accounting records were not kept in acwrdance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to enable proper understanding of the accounts to ba reached. Signed: Date: 410612025 Name: S.H.Adam Relevant professlonal qualification{sl or body (If any): B.Admin. C.A Address: I Sherroside Close. Allestree Derby DE22 2HN Section B Disc5osure Only complete if the examiner needs to highlight matters of cOn￿M (see CC32, Independent examination of charity accounts: directions and guidan￿ for examiners).