HOPE HOUSING BIUDLINGTON FIIYANCIAL STATEMENTS FOR THE YEAR TO 5 APIUL 2025 Registered cbaTity number. 1182912
HOPE HOUSING BRtDLtNGTON Financial statements for the year to 5 April 2025 Contents Page Independent Examiner's rqx)rt Trustees, report 24 Receipts and Payments account Statement of Assets and Liabilities Notes to the financial statements
Independent examinerfs report to Hope Housin& Bridlington I report to the Trustees on my examination of the accounts of Hope Housing, Bridlington for the year ended 5th April 2025. Re5ponslblllties 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'l. I report in respect of my examination of the charitrfs accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Dirertions given by the Charity Commission under section 145{5llb} ofthe Act. Independent examinèrfs 5taternent 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: l. accountin8 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 concerningthe form and content of accounts set out in the Charities (Accounts and Report51 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 orderto enable a proper understandin8 of the accounts to be reached. Signed: g. R.L 56 Name: Address: l¥ gsw) IIDoJu, yDits 7SG Date: Page I
HOPE HOUSING BRIDLINGTON Financial $tatemeDts for the year to 5 April 2025 Trustees. Report The tnstees of Hope Housing Bridlington are: Rev. Mark Jonathan Carey H¢ath¢r Bingley Rev. Jeall Elsie Fowler Rev. Richard William Hare Dr. Anthony John Clarke Anne Hinchlitye Rev. Dannv Walker Rev. Neil Bowler David Andrew Morris (apwinted 10 October 2024) Statement of Tru$tees' respon$ibilities: The law applicable to charities in England and Wales requires the trustees to prepaTe financial statemeDts for each financial year. In preparing those financial slatements the trustees are required to."- - select suitable accounting FKJlicies and then apply then] consistently- - make judgements and estimates which are reasonable and prndenL state which accounts have been prepared in accordance with the Statement of Recommended Practice- Accounting by Chartties" and prepare the accounts on the going conc¢rn basis unless il is inappropriate lo presume that the concern will continue in operdtion. The trustees are required to act within the framework of trnsi 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 lo thetn to safeguard the &ssets of the funds and to prevent and detect fraud and other irregularities. Obje¢tives and activittes: The objectives and activities of the organisation are to continue to suptK)rt 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 invesLment and expertise needed to provide that accommodatio PAge 2
Trustees, Report contitiutd The two leased houses, which have been leased through Green Pastures on Thorpe Streel and Havelock Street, Bridlington, have continued to be run etTicientl}' duringv the year. However: major refurbishment was needed at Havelock Stre¢1 wh¢n tenants left during the summer of 2024. Due to the main Housing Support OtTiceVs ongoing health issues. he resigned from his position on 29 November 2024. The part-time Housing Support Office was offered and accepted the available 20 extra hours and commenced on December as the sole Housing Support Office on 30 hours per week. In support of the Housing Support Officers. the Trustees have meetings with th¢m every two months, as well as Rev Richard Hare supp)rting them daily. Reports are brougbt to the meetings which include a building report. report on achievements Teached with the residents and the reporting of any on-going prob1ell that they are encountering witb tbe residents. The Trustees of the Charity take their responsibilities SeriO$1y and all policies needed in relation to running a Charity of this type are in force. Th¢s¢ include: _ Disability and Benefits Consortium (DBC) policy Dignity and Diversity policy GDPR and Privacy policy Grievance procedure Health and Safety policy Whistleblower policy Public benefit The Trustees of the Charity mainly made up of Clergv and Lav Ministers frotn the Churches in the Deanery of Brkdlington. Through mission and outreach work in their parishes the Trustees are endeavouring to ease the situation of those sleeping rough on the str¢¢ts of Brid11non and elsewhere and thereby Case the homelessness situation in the lowi]. Financial report The accounts for the year to 5th April, 2025 show £9081 excess of receipts over payments. The monthly income lost from one empty room per month amounts to between £783 and £823 Lost income fron] empty rooms h&s cost the Charitv a total of £11,522 during the year. The Ioss of income from empty rooms seriously affects the Ttee5, ability to improve the financial resources of the Charity and therefore impacts on the Charity s long-terni financial resilience. Page 3
Trustees, report eontinued Havelock Str¢et had to have major and costly improvements. Much of the propety w&$ rerbIShtd. W]ilst the property was empty the charity was not in receipt of Housing Benefit. Green Pastures kindly agreed a I&e payment suspension during this period for both properties foT August and S¢ptember. Subsequently. a debt of £5151 was accrued which is being paid off on a monthly basis and due to fEnish in October 2025. At the end of the financial year the debt owed w&8 £2981. Much of this cosL as well as helping towards the cost of the wages of the Housing Support oificers. has been met by grants and donations totalling £8414. The names of the Trustslorganisations who have kindly supported Hope Housing with Grants during the year are:. Grantscape BramaIl Foundation Lions Bridlington Bridlington Charity Trustees Leeds Building Society In addition to this, Churches in the Town of Bridlington. indiN'iduaI donations and regular giving by Direct Debit payments from individuals. amounts to £17803. Without this flnancial support the Charity could not continue. At th¢ AGM in October 2024 the diifjcult financial situation was discussed. As a Tesult the Charity was blessed with a number of four figure donations and an increase in the number of people giving donations on a monthly basis. Praise God. The Trustees have also arranged fvnd raising events in the year and this h&s raised a further £3966. Other llew initiativ¢s are planned for fund raising throughout the forthcoming year. There is much optimism for the success and future of the Charity. Th¢ Tnlstees do realise that this will continue be a challenge and can only be achieved by the continued support of Grants, financial giving, volunteers and pTayer. Approv¢d by order of the board of trustees on: 16 l (ojzs and signed on its behalf by: Reverend Canon Mark Jonathan Carey Page 4
HOPE HOUSING BRIDUNGTON REIPTSAND PAYMENTSACCOU FOR THE YEAR ENDING 5 APRIL 2025 TOTAL FUNDS 2025 TOTAL FUNDS 2024 Unrestricted funds Restrirted funds Incoming Resource5 Planned Giving Other Voluntary Items tax recoverable on gift aid income income from fundraising events Charitable artivities 3.053 21.164 1.633 3.966 55.041 3,053 21.164 1,633 3,966 55.041 1.379 14,813 1,103 1,403 53,304 22 84,857 84.857 72,002 Resources Used Property running expenses Administration Housing Officers Salaries, expenses and other costs Costsfor Fund Raising Events 49352 1647 49352 1647 48,116 2,051 22245 22245 2,532 75776 21,802 3.4 75776 71,969 Excess of receipts over payments/lpayments over receipts) 9081 33 cash at bank and in hand at 6April 2024 cash at bank and in hand at 6 April 2025 8,221 17302 17302 Represented by.. Unrestricted General 17302 17302 8,221 Page 5
STATEMFNf OF ASSETS AND LIABILlEs AS AT 5TH APRIL 2025 TOTAL FUNDS 2025 TOTAL FUNDS 2024 Unrestrirted fijnds Restricted Funds Cash Funds Current Account HSBC Cash in hand 17291 li 17302 17,291 li 17302 8210 li 8221 Other monetary assets tkbtors 198 Liabilities Independent Examiner Creditor IGreen Pasturesl Pension Paye 250 2981 2981 2981 2981 250 Signed by DAVID MORRIS (Trustee) Date.. 16l<D{25 Approved by the Charty's members and signed by the Chair of Trustees The Reverend Canon Mark Carey Date.. 161(01 Page 6
HOPE HOUSING BRIDLINGTON Notes to the Financial Statements for the year to P April 2025 1. Accounting Policies These financial statements have been prepared under historical cost convention and the reIpts and payments basis. 2. Incoming resources 2025 2024 2.1 From Donors Planned Giving 3053 1379 3053 1379 2.2 Other Voluntary Items One off dor*ations Grants {not resth"ctedl 14750 7813 6414 7000 21164 14813 2.3 Income tax recoverable from Gift Aid giving 1633 1103 2.4 Activities for generating funds Fundraising events and Christmas Card sales 3966 1403 2.5 Charitable a¢tlvities Housing benefit- Havelock Housing benefit- Thorpe Residents, charges - Havelctk Residents, charges - Thorpe 20688 26544 30840 23424 1125 1810 2388 1526 55041 53304 Page 7
HOPE HOUSING BRIDUNGfoN Notes to the Financial Statementsforthe year ended 5th April 21725 2025 2024 3. Resources Used 3.1 Property Running expenses Leases Council Tax Utilities Maintenance Telephone and TV licences Window Cleaning Insurance Christmas gifts- restrirted fund 25.232 2.684 7,156 12,464 1,236 120 396 29,708 2,824 7,475 6.100 1,293 250 396 70 48116 49352 SPLIT BY PROPERTY HAVELOCK THORPE Leases Council Tax Utilities Maintenance Telephone and TV liCenS Window Cleaning Insurance Christmas gifts- restricted fund 11,897 1,342 3,393 6,095 599 13,335 1.342 3,763 6,369 637 120 198 32 32 Page 8
HOPE HOUSING BRIDUNGTON Notestothe Financial Statements forthe yearended 5th April 2025 2025 2024 3. Resource5 Used 3.2 Administration Rental of Office Space Court Fees Bank Charges and bookkeeping Printing and Stationery Reduction in petty cash balance 1.128 1.056 519 505 io 2051 1647 3.3 Housing Officers Salaries. Experfjes and other expenses Housingofficersalary & PAYE Housing Officer Pension Housing Officer expenses Housing OfFicer Cash Fbat Fees to remove tenant Payment re resident's funeral Refund to residents 20.015 378 1,752 l(K) 19,832 756 285 685 50 194 21802 22245 3.4 Other Costsfor Fund Raising Events leaving grfl Housing benefft repayment 2176 150 2( 2532 Page 9