## **FINDING HOPE: DIRECTORS’ REPORT FOR 2023 - 2024**
The Trustees present their report and financial statements for the year ended 05 April 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016)
## **Objectives and activities**
The charity's objects are to prevent and/or relief of poverty of children worldwide, in particular but not exclusively by providing grants, items and services to individuals in need and other organisations working to prevent or relieve childhood poverty, such assistance to be provided within Christian ethos.
The Trustees have complied with the duty in section 17(5) of the 2011 Charities Act to have due regard to guidance published by the Charity Commission and believe that the objectives and activities of the trust are for the public benefit.
## **Structure, governance and management**
The charity is a company limited by guarantee, incorporated on 7[th] May 2019, and is governed by its Memorandum and Articles of Association. The accountability for the governance of the charity rests with the Board of Trustees that meets regularly to monitor the activities of the charity, develop policy and plans and take operational decisions.
New Trustees with suitable gifts and experience are appointed at the discretion of the existing Trustees. Appropriate induction and training procedures are followed. None of the Trustees have any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute up to £1 in the event of a winding up.
The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Mr Jack McGettigan Mrs Samantha McGettigan Mrs Priscilla Pearce
## **Statement of Trustees' responsibilities**
The Trustees, who are also the directors of FINDING HOPE for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the Trustees to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgments and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Activities during 2023/2024**
- None
## **Review of marketing activities**
- None
## **Financial review**
Total incoming resources were £0 with expenditure of £0 giving a net inflow of resources of £0. During the year the charity received an unrestricted legacy of £0 and longstanding debts of £0 were written off. Net assets remain at £0 presently.
## **Reserves Policy**
The Board of Trustees has established a policy whereby free reserves held by the charity should be maintained at a minimum of £0.
## **Risk Management**
The Board of Trustees maintains a plan to address the risks to which a small charity operating with no or few employees is exposed. Appropriate procedures are in place to identify, monitor and review these risks on a regular basis.
## **Plans for 2024/2025**
The plans for the forthcoming year include:
- Fundraising events to attract donations to send to Finding Hope house in Romania. Open a bank account to receive regular donations to provide funding for the children associated with Finding Hope.
- Running marketing campaigns to attract new donors.
- Conducting a full review by the Board of the charity’s strategy and future development plan.
- Acquire more volunteers to help build the charity and legal framework.
In planning future activities, the Board of Trustees has had regard to the guidance on public benefit issued by the Charity Commission in December 2008.
The Trustees' report was approved by the Board of Trustees.
Samantha McGettigan
Chair of Trustees
Date.. 0510212025
## **Trustees’ Annual Report for the period**
**From Period start date 06 April 2023 To 05 April 2024 Period end date**
## **Charity name: FINDING HOPE**
## **Charity registration number: 1183287**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The prevention and/or relief of poverty of
children worldwide, in particular but not
exclusively by providing grants, items and
services to individuals in need and other
organisations working to prevent or relieve
childhood poverty, such assistance to be
provided within Christian ethos.|
|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|No income or expense incurred for this
accounting period.|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|The trustees are in receipt of the guidance
issues by the Charity Commission.|
## **Additional information (optional)** You may choose to include further statements where relevant about:
SORP reference **None** Para 1.38 Policy on grant making **None** Para 1.38 Policy on social investment including program related investment
**None** Para 1.38 Contribution made by volunteers Other
## **Achievements and Performance**
SORP reference **None** Summary of the main Para 1.20 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.
**Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|**None**|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41|**None**|
|Investment performance
against objectives|Para 1.41|**None**|
|Other|||
## **Financial Review**
|**Financial Review**|||
|---|---|---|
|Review of the charity’s
financial position at the end
of the period|Para 1.21|**0.00**|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**N/A**|
|Amount of reserves held|Para 1.22|**0.00**|
|Reasons for holding zero
reserves|Para 1.22|**No activity due to time available.**|
|Details of fund materially in
deficit|Para 1.24|**0.00**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**Opportunities to raise funds.**|
|**Additional information (optional)**
You may choose to include further statements|**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|**None**|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**None**|
|A description of the principal
risks facing the charity|Para 1.46|**None**|
|Other|||
## **Structure, Governance and Management**
|Description of charity’s
trusts:||**None**|
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust Deed**|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**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|**No new appointed trustees.**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**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||
|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**
**----- Start of picture text -----**
Charity name FINDING HOPE
Other name the charity uses
Registered charity number 1183287
Charity’s principal address 13 Hawthorn Close
Takeley
CM22 6SD
**----- End of picture text -----**
## **Names of the charity trustees who manage the charity**
**----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
Samantha
1
McGettigan
2 Jack McGettigan
3 Priscilla Pearce
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
– 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 None held in this capacity Name and objects of the None charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for None 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)**
## **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)** Samantha McGettigan **Position (eg Secretary,** Secretary **Chair, etc) Date** 05/02/2025