## **HOPE HOUSING BRIDLINGTON**
**FINANCIAL STATEMENTS**
**FOR THE YEAR TO 5 APRIL 2024**
Registered charity number:
1182912
## **HOPE HOUSING BRIDLINGTON**
## **Financial statements for the year to 5 April 2024**
|**Contents**|**Page**|
|---|---|
|Independent Examiner's report|1|
|Trustees' report|2 - 4|
|Statement of Financial Actvites|5|
|Balance sheet|6|
|Notes to the fnancial statements|7-9|
## **HOPE HOUSING BRIDLINGTON Financial statements for the year to 5 April 2024 Independent Examiner's Report**
I report to the charity trustees on my examination of the accounts of the Hope Housing Bridlington for the year ended 5 April 2024.
## **Responsibilities and basis of report**
As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ( "The Act" ).
I report in respect of my examination of the accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent Examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities ( Accounts and Reports ) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report 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 2024**
## **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 Anne Hinchliffe Rev. Danny Walker Rev. Neil Bowler (appointed 29th September, 2023)
## **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.
## **Objectives and activities**
The objectives and activities of the organisation are to continue to support
and house homeless and vulnerable people in Bridlington and the surrounding district through its partnership with Green Pastures.
Green Pastures is a Christian Charity which provides the investment and expertise needed to provide that accommodation.
**2**
## **HOPE HOUSING BRIDLINGTON Financial statements for the year to 5 April 2024**
## **Trustees' Report-continued**
The two leased houses, which have been leased through Green Pastures on Thorpe Street and Havelock Street, Bridlington, have continued to be run efficiently during the year. However, due to the Housing Support Officer's ongoing health issues and his request for his hours to be reduced to 20 hours per week, a second Housing Support Officer was appointed, in November 2023, to work 10 hours.
In support of the Housing Support Officers, the Trustees have meetings with them every two months, as well as Rev Richard Hare supporting them daily. Reports are brought to the meetings which include a building report, report on achievements reached with the residents and the reporting of any on-going problems that they are encountering with the residents.
The Trustees of the Charity take their responsibilities seriously and all policies needed in relation to running a Charity of this type are in force. These include:-
DBC policy Dignity and Diversity policy GDPR and Privacy policy Grievance procedure Health and Safety policy Whistleblower policy
## **Public benefit**
The Trustees of the Charity are mainly made up of Clergy and Lay Ministers from the Churches in the Deanery of Bridlington. Through mission and outreach work in their parishes the Trustees are endeavouring to ease the situation of those sleeping rough on the streets of Bridlington and elsewhere and thereby ease the homelessness situation in the town.
## **Financial report**
The accounts for the year to 5th April, 2024 show £33 excess of receipts over payments. The Charity continues to face challenges with financial issues both with the upkeep of the two properties and also the difficulty in recruiting suitable residents.
The monthly income lost from one empty room per month amounts to between £750
and £798.
Lost income from empty rooms has cost the Charity a total of £4,110 during the year. The loss of income from empty rooms seriously affects the Trustees ability to improve the financial resources of the Charity and therefore impacts on the Charity's long term financial resilience.
**3**
## **HOPE HOUSING BRIDLINGTON Financial statements for the year to 5 April 2024**
## **Trustees' Report-continued**
Each property has had to have major and costly improvements.
Some requirements have been new boilers, structural work and a complete refurbishment of one of the bedrooms. Much of this cost, as well as help towards the cost of the wages of the Housing Support Officers, has been met by grants totalling £7,000.
The names of the Trusts/Organisations who have kindly supported Hope Housing with Grants during the year are:-
Reckitts Grantscape Bridlington Charity Trustees Help the Homeless
In addition to this, Churches in the Town of Bridlington,individual donations and regular giving by Direct Debit payments from individuals, amounts to £9,200. Without this financial support the Charity could not continue.
The Trustees have also arranged fund raising events in the year and this has raised a further £1,400. Other new initiatives are planned for fund raising throughout the forthcoming year.
## **Future plans**
There is much optimism for the success and future of the Charity with perhaps a third house being sought. But the Trustees do realise that this will be a challenge and can only be achieved by the continued support of Grants, financial giving, volunteers and prayer.
Approved by order of the board of trustees on and signed on its behalf by:
Reverend Mark Jonathan Carey
**4**
## **HOPE HOUSING BRIDLINGTON RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 5 APRIL 2024**
|**Note**
**Incoming resources**
**2**
Planned giving
2.1
Oher voluntary items
2.2
Income tax recoverable
on gif aid income
2.3
Actvites for generatng funds
2.4
Charitable actvites
2.5
**Resources used:**
**3**
Property running expenses
3.1
Administraton
3.2
Housing Ofcers Salaries,
expenses and other costs
3.3
Excess of receipts
over payments / (payments
over receipts )
Cash at bank and in hand
at 6 April 2023
Cash at bank and in hand
at 5 April 2024|**TOTAL**
TOTAL
Unrestricted Restricted
**FUNDS**
FUNDS
funds
funds
**2024**
2023
£
£
**£**
£
1,379 **-**
**1,379**
6,171
14,813 **-**
**14,813**
3,900
1,103 **-**
**1,103**
300
1,403 **-**
**1,403**
227
53,304 **-**
**53,304**
54,523|
|---|---|
||72,002 -
**72,002**
65,121|
||48,116 -
**48,116**
45,715
2,051 -
**2,051**
2,829
21,802 -
**21,802**
19,097|
||71,969 -
**71,969**
67,641|
||33 -
**33**
(2,520)|
||8,188 -
**8,188**
10,708|
||8,221 -
**8,221**
10,708|
Represented by: **Unrestricted**
General fund
**8,221** 10,708
8,221 -
**5**
## **HOPE HOUSING BRIDLINGTON STATEMENT OF ASSETS AND LIABILITIES**
##
||||**TOTAL**|TOTAL|
|---|---|---|---|---|
||Unrestricted|Restricted|**FUNDS**|FUNDS|
||funds|funds|**2024**|2023|
||£|£|**£**|£|
|**Cash Funds**|||||
|Current account HSBC|8,210|-|**8,210**|8,167|
|Cash in hand|11|-|**11**|21|
||8,221|-|**8,221**|8,188|
|**Other monetary assets**|||||
|Debtors|198|-|**198**|993|
|**Liabilites**|||||
|Independent examinaton|(250)|-|**(250)**|(250)|
|Pension|-|-|**-**|(79)|
|PAYE|-|-|**-**|(369)|
||(250)|-|**(250)**|(698)|
Signed by JEAN FOWLER (Trustee)
**6**
Date:
Approved by the Charity's members and signed by the Chair of Trustees
## REV. MARK JONATHAN CAREY
Date:
## **HOPE HOUSING BRIDLINGTON Notes to the Financial Statements for the year to 5 April 2024**
## **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**
Planned giving
**2.2 Other Voluntary items**
One of donatons
Grants ( not restricted )
**2.3 Income tax recoverable from Gif Aid giving**
**2.4 Actvites for generatng funds**
Sale of Christmas cards and concert tckets
**2.5 Charitable actvites**
Housing beneft-Havelock
Housing beneft-Thorpe|**2024**
2023
**£**
£
**1,379**
6,171|
|---|---|
||**1,379**
6,171|
||**7,813** -
**7,000**
3,900|
||**14,813**
3,900|
||**1,103**
300|
||**1,403**
227|
||**26,544**
28,938
**23,424**
22,915|
**7**
|Residents' charges-Havelock
Residents' charges-Thorpe|**1,810**
985
**1,526**
1,685|
|---|---|
||**53,304**
54,523|
## **HOPE HOUSING BRIDLINGTON Notes to the Financial Statements for the year ended 5 April 2024**
|**3. Resources used**
3.1 Property Running expenses
Leases
Council Tax
Utlites ( heat, light, & water ) (2023 - £139 restricted )
Maintenance
Telephone and TV licences
Window Cleaning
Insurance
Christmas gifs - restricted fund
SPLIT BY PROPERTY:
HAVELOCK
THORPE
£
£
Lease
14,945
14,763
Maintenance
1,618
4,482
Utlites
3,220
4,255
Council tax
1,412
1,412
Telephone
529
764
Window cleaning
146
104
Insurance
198
198|**2024**
2023
**£**
£
29,708
29,813
2,824
2,666
7,475
5,644
6,100
5,943
1,293
893
250 -
396
396
70
360|
|---|---|
||48,116
45,715|
|||
Christmas gifts
35 35 22,103 26,013
**8**
## **HOPE HOUSING BRIDLINGTON**
## **Notes to the Financial Statements for the year ended 5 April 2024**
|**3. Resources used**
3.2 Administraton
Rental of Ofce Space
Court fees - Thorpe ( 2023 - Havelock )
Bank charges and bookkeeping
Printng and Statonery
Reducton in pety cash balance
3.3 Housing Ofcers Salaries, Expenses
and other expenses
Housing Ofcer salary
Housing Ofcer pension
Housing Ofcer expenses
Fees to remove tenant
Payment re resident's funeral
Refund to residents|**2024**
2023
**£**
£
1,056
1,056
480
840
505
319
-
614
10 -|
|---|---|
||2,051
2,829|
||19,832
17,339
756
827
285
931
685 -
50 -
194 -|
||21,802
19,097|
## **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|
|Statement of Financial Actvites|4|
|Balance Sheet|5|
|Notes to the fnancial 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 7.
## **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
**1**
on
## **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
**3**
third house being sought and the volunteer mentioned above employed on a part-time basis.
## **HOPE HOUSING BRIDLINGTON RECEIPTS AND PAYMENTS ACCOUNTS 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 gif aid income
2.3
Actvites for generatng funds
2.4
Charitable actvites
2.5
**Resources used:**
**3**
Actvites relatng to the
setng up of the property
3.1
Property running expenses
3.2
Administraton
3.3
Housing Ofcer Salary & Expenses
3.4
Excess of receipts
over payments / (payments
over receipts )
Transfers between funds
4|**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) - -|
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
|(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**|-|
|**Liabilites**|||||
|Independent examinaton|(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**
One of donatons
**2.2 Other Voluntary items**
Grants
**2.3 Income tax recoverable from Gif Aid giving**
**2.4 Actvites for generatng funds**
Sale of Christmas cards|**2023**
2022
**£**
£
4,961
11,322|
|---|---|
||4,961
11,322|
||3,900 -|
||3,900
0|
||300
759|
||227 -|
|**2.5 Charitable actvites**
Housing beneft both houses
Housing beneft-Havelock
Housing beneft-Thorpe
Resident supplementary charges both houses
Residents' charges-Havelock
Residents' charges-Thorpe|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 Actvites relatng to the setng 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
Utlites ( heat, light, & water ) ( £139 restricted )
Maintenance
Telephone and TV licences
Window Cleaning
Insurance
Christmas gifs - restricted fund
SPLIT BY PROPERTY:
HAVELOCK
THORPE
£
£
Lease
15,050
14,763
Maintenance
2,126
3,817
Utlites
2,108
3,536
Council tax
1,333
1,333
Telephone
459
434
Christmas gifs
-
360
Insurance
198
198
21,274
24,441|**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|
|||
**7**
## **HOPE HOUSING BRIDLINGTON**
## **Notes to the Financial Statements for the year ended 5 April 2023**
|**3. Resources used**
3.3 Administraton
Rental of Ofce Space
Independent examinaton and accounts
Court fees - Havelock
Bank charges and bookkeeping
Printng and Statonary
3.4 Housing Ofcer Salary & Expenses
Housing Ofcer salary ( £2500 from restricted funds )
Housing Ofcer 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 Feofees||||||
|(CCTV system||||||
|installaton)||||||
|Grant from Ofshore|-|2500|(2,500)|-|-|
|Wind - for salary costs||||||
|Grant from Bridlington||||||
|Trustees-for winter|-|500|(500)|-|-|
2022
- 3,900 (3,000) (900) -
**8**