HOPE HOUSING BRIDLINGTON
FINANCIAL STATEMENTS
FOR THE YEAR TO 5 APRIL 2023
Registered charity number:
1182912
HOPE HOUSING BRIDLINGTON
Financial statements for the year to 5 April 2023
| Contents | Page |
|---|---|
| Independent Examiner's report | 1 |
| Trustees' report | 2 - 3 |
| Receipts and Payments Account | 4 |
| Balance Sheet | 5 |
| Notes to the financial statements | 6 - 8 |
HOPE HOUSING BRIDLINGTON Financial statements for the year to 5 April 2023 Independent Examiner's Report
I report on the accounts of the Hope Housing Bridlington charity for the year to 5 April 2023, which are set out on pages 4 to 8.
Respective responsibilities of trustees and examiner
The Charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 and that an independent examination is needed.
It is my responsibility to:
-
(a) examine the accounts under section 145 of the Charities Act 2011;
-
(b) follow the procedures laid down in the general Directions given by the Charity Commission ( under section 145(5)(b) of the Charities Act 2011); and
-
(c) state whether any particular matters have come to my attention.
Basis of the independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a true and fair view, and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In the course of my examination no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that, in any material respect, the trustees have not met the requirements to ensure that:
-
(a) proper accounting records are kept ( in accordance with section 130 of the Charities Act 2011 ; and
-
(b) accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Charities Act 2011; or
-
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed by: Stuart AC Gibson
Independent Examiner
on
1
HOPE HOUSING BRIDLINGTON Financial statements for the year to 5 April 2023
Trustees' Report
The Trustees of Hope Housing Bridlington are:-
Rev. Mark Jonathan Carey Heather Bingley Rev. Jean Elsie Fowler Rev. Richard William Hare Dr. Anthony John Clarke Mrs. Anne Hinchliffe ( appointed 7 March 2023 ) Rev. Arthur Daniel Walker ( appointed 10 January 2023 )
In addition the following served as trustees for part of the year: Paula Diana Burbridge ( resigned 31 May 2022 ) Rev. Matthew Rupert Pollard ( resigned 4 September 2022 )
Statement of Trustees' responsibilities
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year. In preparing those financial statements the trustees are required to:-
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates which are reasonable and prudent;
-
state which accounts have been prepared in accordance with the Statement of Recommended Practice - Accounting by Charities; and
-
prepare the accounts on the going concern basis unless it is inappropriate to presume that the concern will continue in operation.
The trustees are required to act within the framework of trust law and the Charities Acts, and are also responsible for keeping proper accounting records. The trustees have a general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the funds and to prevent and detect fraud and other irregularities.
2
HOPE HOUSING BRIDLINGTON
Financial statements for the year to 5 April 2023
Trustees' Report continued....
Review of the period
The organisation continues to support and house homeless and vulnerable people in Bridlington and the surrounding district through its partnership with Green Pastures, a Christian charity that provides the investment and expertise needed to provide that accommodation.
The two leased houses, on Thorpe Street and Havelock Street, Bridlington, continue to be run smoothly and efficiently by the Housing Support Officer with the support of the Trustees. The Trustees are pleased to report that the Housing Support Officer now has additional support by a volunteer working alongside him, the volunteer having a real heart for the homeless and the work Hope Housing is doing.
During the year the Trustees were highly delighted when one of the residents moved into independent living.
The Charity has faced difficult challenges during the year and sadly two of its residents have had to be evicted. Also towards the end of the year one of the residents sadly died. Their rooms have subsequently been filled by new residents.
Donations towards the upkeep of the houses continues to be received which enables the Charity to keep up with the necessary maintenance of the houses. Many new initiatives are planned for fund raising events throughout the coming year.
There is much optimism for the success and future of the Charity with perhaps a third house being sought and the volunteer mentioned above employed on a part-time basis.
3
HOPE HOUSING BRIDLINGTON RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 5 APRIL 2023
| Note Incoming resources 2 From donors 2.1 Planned giving Oher voluntary items 2.2 Income tax recoverable on gift aid income 2.3 Activities for generating funds 2.4 Charitable activities 2.5 Resources used: 3 Activities relating to the setting up of the property 3.1 Property running expenses 3.2 Administration 3.3 Housing Officer Salary & 3.4 Expenses Excess of receipts over payments / (payments over receipts ) Transfers between funds 4 Cash at bank and in hand at 6 April 2022 Cash at bank and in hand at 5 April 2023 Represented by: Unrestricted General fund |
TOTAL TOTAL Unrestricted Restricted FUNDS FUNDS funds funds 2023 2022 £ £ £ £ ( note 5 ) 4,961 - 4,961 11,322 1,210 - 1,210 970 - 3,900 3,900 - 300 - 300 759 227 - 227 - 54,523 - 54,523 43,010 |
|---|---|
| 61,221 3,900 65,121 56,061 |
|
| - - - 12,675 45,215 500 45,715 33,935 2,829 - 2,829 1,560 16,597 2,500 19,097 17,397 |
|
| 64,641 3,000 67,641 65,567 |
|
| (3,420) 900 (2,520) (9,506) 900 (900) - - |
|
| (2,520) - (2,520) (9,506) 10,708 - 10,708 20,214 |
|
| 8,188 - 8,188 10,708 |
|
| 8,188 - 8,188 10,708 |
4
HOPE HOUSING BRIDLINGTON
STATEMENT OF ASSETS AND LIABILITIES
AS AT 5 APRIL 2023
| TOTAL | TOTAL | |||
|---|---|---|---|---|
| Unrestricted | Restricted | FUNDS | FUNDS | |
| funds | funds | 2023 | 2022 | |
| £ | £ | £ | £ | |
| Cash Funds | ||||
| Current account HSBC | 8,167 | - | 8,167 | 10,998 |
| Cash in hand | 21 | - | 21 | - |
| 8,188 | - | 8,188 | 10,998 | |
| Other monetary assets | ||||
| Debtors | 993 | - | 993 | - |
| Liabilities | ||||
| Independent examination | (250) | - | (250) | (290) |
| Pension | (79) | - | (79) | - |
| PAYE | (369) | - | (369) | - |
| (698) | - | (698) | (290) |
Signed by JEAN FOWLER (Trustee)
Date:
Approved by the Charity's members and signed by the Chair of Trustees
REV. MARK JONATHAN CAREY
Date:
5
HOPE HOUSING BRIDLINGTON
Notes to the Financial Statements for the year to 5 April 2023
1. Accounting Policies
These financial statements have been prepared under the historical cost convention and the receipts and payments basis.
| 2. Incoming resources 2.1 From Donors Other 2.2 Other Voluntary items Grants 2.3 Income tax recoverable from Gift Aid giving 2.4 Activities for generating funds Sale of Christmas cards 2.5 Charitable activities Housing benefit-both houses Housing benefit-Havelock Housing benefit-Thorpe Resident supplementary charges-both houses Residents' charges-Havelock Residents' charges-Thorpe |
2023 2022 £ £ 4,961 11,322 |
|---|---|
| 4,961 11,322 |
|
| 3,900 - |
|
| 3,900 0 |
|
| 300 759 |
|
| 227 - |
|
| - 41,419 28,938 - 22,915 - - 1,591 985 - 1,685 - |
|
| 54,523 43,010 |
6
HOPE HOUSING BRIDLINGTON
Notes to the Financial Statements for the year ended 5 April 2023
| 3. Resources used 3.1 Activities relating to the setting up of the property Repairs and Renewals - from unrestricted funds Repairs and Renewals - from restricted funds T.V. Licence Insurance 3.2 Property Running expenses Lease Council Tax Utilities ( heat, light, & water ) ( £139 restricted ) Maintenance Telephone and TV licences Window Cleaning Insurance Christmas gifts - restricted fund |
2023 2022 £ £ - 6,978 - 5,000 - 323 - 374 |
|---|---|
| - 12,675 |
|
| 29,813 25,763 2,666 2,581 5,644 4,788 5,943 - 893 721 - 82 396 - 360 - |
|
| 45,715 33,935 |
| SPLIT BY PROPERTY: Lease Maintenance Utilities Council tax Telephone Christmas gifts Insurance |
HAVELOCK THORPE £ £ 15,050 14,763 2,126 3,817 2,108 3,536 1,333 1,333 459 434 - 360 198 198 |
|---|---|
| 21,274 24,441 |
7
HOPE HOUSING BRIDLINGTON
Notes to the Financial Statements for the year ended 5 April 2023
| 3. Resources used 3.3 Administration Rental of Office Space Independent examination and accounts Court fees - Havelock Bank charges and bookkeeping Printing and Stationary 3.4 Housing Officer Expenses Housing Officer salary ( £2500 from restricted funds ) Housing Officer pension Expenses |
2023 2022 £ £ 1,056 968 - 290 840 - 319 272 614 30 |
|---|---|
| 2,829 1,560 |
|
| 17,339 17,247 827 - 931 150 |
|
| 19,097 17,397 |
4. Transfer between funds
A restricted grant of £900 received during the year from the Lord Feoffees was transferred to unrestricted funds to cover the related costs incurred during the previous year.
5. Restricted Funds
The movements in restricted funds during the year were:
| At 6 April | At 5 April | ||||
|---|---|---|---|---|---|
| 2022 | Income | Payments | Transfer | 2023 | |
| £ | £ | £ | £ | £ | |
| Grant from | - | 900 | - | (900) | - |
| Lord Feoffees | |||||
| (CCTV system | |||||
| installation) | |||||
| Grant from Offshore | - | 2500 | (2,500) | - | - |
| Wind - for salary costs | |||||
| Grant from Bridlington | |||||
| Trustees-for winter | - | 500 | (500) | - | - |
| 2022 | |||||
| - | 3,900 | (3,000) | (900) | - |
8