## **Annual Report and Financial Statements**
**For the Period from Year ended 31 December 2021**
**Charity Number 1183290**
## **HOPE CENTRAL Annual Report and Financial Statements**
**For the Year Ended 31 December 2021**
|**Contents**|**Pages**||
|---|---|---|
|Trustees’ Annual Report|2 to|9|
|Independent Examiner’s Report to the Trustees||10|
|Statement of Financial Activities||11|
|Balance Sheet||12|
|Notes to the Financial Statements|13 to|19|
**1**
**HOPE CENTRAL Trustees’ Annual Report**
## **For the Year Ended 31 December 2021**
## **Reference and Administrative Details**
**Registered Charity Name** Hope Central
**Charity Registration Number** 1183290
## **Registered and Principal Office**
St Chad’s Parish Church Wilmslow Road Handforth WILMSLOW Cheshire SK9 3ES
## **The Trustees**
The trustees who served throughout the year were as follows:
Mr Chris Murr Rev’d Steve Burmester Rev’d Nigel Atkinson
Mr Ian Robertson
## **Bankers**
CAF Bank Limited 25 Kings Hill Avenue Kings Hill WEST MALLING Kent ME19 4
**2**
## **HOPE CENTRAL Trustees’ Annual Report** _**(continued)**_ **For the Year Ended 31 December 2021**
The trustees are pleased to present their report and the financial statements of Hope Central for the year ended 31 December 2021.
## **Structure, Governance and Management**
## **Governing Document**
Hope Central is a charitable incorporated organisation formed under a foundation constitution dated 5 March 2019 and registered with the Charity Commission in England & Wales on 7 May 2019.
## **Management structure**
A team of staff and volunteers report to the Hope Central Director who is responsible for the day to day running of the charity. Each department has a manager who leads a team of volunteers; the Food Banks at Knutsford and Handforth, The Debt Counselling service, the Job club and the Hope Centres. The Director submits a report to the trustee group on a quarterly basis and leads monthly meetings with his management team. The Chairman holds quarterly trustee meetings which throughout the year have also included the Director, and the Treasurer who submits a quarterly financial report for the trustees. During 2021 we were unable to meet face to face due to the ongoing impact of the COVID 19 pandemic, but the trustees were able to hold virtual meetings on the Zoom platform. These meetings took place on 18[th] January, 19[th] April and 4[th] October. A meeting scheduled in December had to to be postponed to the following month.
## **Recruitment and Appointment of trustees**
During 2021 we recruited a part time salaried food bank manager at Handforth to help us meet the sustained increase in demand for our service. We advertised the role internally and encouraged our existing food bank volunteers to apply. One of our volunteers was successful and is supported by a team of volunteers which includes the previous volunteer manager who was happy to maintain a part time voluntary role. The strength in depth of our team of volunteers has enabled us to keep the salaried manager’s role to a part time position. We also advertised for a part time Debt Counselling Manager within the foundation churches, and a part time Communications Manager. Hope Central is a Christian Charity founded upon a Constitution that seeks the “advancement of the Christian faith for the benefit of the public in accordance with the statement of belief in the Nicene Creed”. So, within these job descriptions is an “Occupational Requirement” that all staff have a Christian faith and participate in monthly prayer meetings
Currently there are four trustees who hold leadership positions at the founding churches. Two of the trustees are church leaders, and the other two trustees are retirees with commercial management experience. The constitution sets out the varied terms of office for the three original trustees, and three year terms for subsequent appointees. One of our initial trustees was appointed for a two year term ending 7[th] May 2021 and offered to extend his term for a further year. The trustees unanimously agreed to this re election, and there were no further appointments to the board of trustees in 2021. A key goal in Hope Central’s Plan for 2021 is to “Create a culture which helps achieve the organisation’s charitable purposes”. In this context the trustees recognise the importance of recruiting staff and appointing trustees that have a variety of perspectives, experiences and skills. Referencing our Plan for 2021, we commit to “Charity staff appointments and nominations for election of trustees being made on merit and against objective criteria and take into account the benefits of diversity”. Objective criteria could mean that a specific need for expertise had been identified by the trustees and this may include professional and corporate expertise such as accountancy, legal, digital marketing, human resources, public relations, information technology, and general management experience. The trustees will be mindful of Hope Central’s Equality and Diversity policy when recruiting staff
**3**
## **HOPE CENTRAL Trustees’ Annual Report** _**(continued)**_
## **For the Year Ended 31 December 2021**
and appointing trustees. Moving forward, newly appointed staff and trustees will receive an induction which will involve explaining the 6 goals in the Hope Central Plan for the current year, and introduction to staff and volunteers at the Hope Centres.
## **Objectives and Activities**
The objects of Hope Central written into the constitution are the prevention and relief of poverty in East Cheshire by providing items and services to individuals in need and/or partnering with other charities and organisations that have the same or similar objectives. Also, to advance the Christian faith for the benefit of the public in accordance with the statement of belief appearing in the constitution schedule which is the Nicene Creed.
These objects form the basis of our Strategic Plan which we review annually. The Plan for 2021 consisted of 6 Goals which were;
Goal 1 The relief of poverty in providing items and services to individuals in need in Cheshire East Goal 2 The prevention of poverty by providing services to individuals in need in Cheshire East Goal 3 To advance the Christian Faith in our community
Goal 4 To ensure that the organisational purpose is sustainable
Goal 5 To create a culture which is open and accountable and helps to achieve the organisation’s charitable purposes
Goal 6 To create a management structure that helps to achieve the organisation’s charitable purposes
The Goals were supported by specific criteria which were activities that we planned to fulfil during the year. Goal 1 includes activities that relate to our food bank operations, and Goal 2 includes activities that relate to the support services and courses that we offer. Goal 3 includes activities that relate to sharing our Christian Faith.
The remaining Goals are not derived from our objects, but they are there to provide the infrastructure we need to fulfil our objectives. As an example, under Goal 4 the trustees agree an annual budget to support the annual plan at the beginning of each calendar year. And under Goal 6 we commit to “update and maintain a database of supporters to enable us to pursue a multi-channel approach when communicating our purposes, values, work and achievements”. In February, we recruited a part time Communications Manager to help us with fulfilment.
## **Achievements and Performance**
Hope Central is so much more than a food bank. We recognise that the causes of poverty are complex and multi layered, and that we need to offer a range of support services that can attempt to address the root causes of poverty, restore dignity and give people the opportunity to overcome their current circumstances. Please see below a description of our achievements and some measurement of our performance. We set ourselves an ambitious Plan for 2021, and we were pleased that we made progress launching our new support services as we emerged from the pandemic.
**4**
**HOPE CENTRAL Trustees’ Annual Report** _**(continued)**_ **For the Year Ended 31 December 2021**
## **Goal 1 The relief of poverty in providing items and services to individuals in need in Cheshire East**
We distribute emergency food parcels based on referrals that we receive from a range of local agencies. These include local authority social services, the DWP, housing associations, children’s centres, the probation service, mental health teams, GPs and churches. There has been exponential growth in our food bank operation during the last two years, and the level of demand in 2021 was at a similar level to 2020.
Our Handforth and Knutsford food banks have managed keep pace with the demand for emergency food support during a year in which COVID 19 continued to have an impact. Pre pandemic we were typically distributing 15 food parcels per week, and during 2021 this increased to an average of 70 food parcels per week. Our Knutsford and Handforth food banks received a total of 3,700 referrals for emergency food parcels which supported over 6,000 people, of which 50% were children. Each food parcel contained emergency food support for 3 days which is 9 meals per person, and this equates to 75,000 meals for the full year. These statistics include clients that need long term support, so they are a measurement of volume rather than unique people. The main reasons for referrals are problems with the Benefit System, (delays and reductions), and specific life challenges such as redundancy, ill health, and marital breakdown. We appointed a part time salaried manager at our Handforth food bank, and moved the operation from Lacey Green to St.Chads church, where there is more space and access is better. We also acquired the necessary chilled and frozen storage capacity which has been a key factor in enabling us to keep pace with demand. We couldn’t have maintained the operation without the help of our wonderful volunteers who have helped us run our food banks in Knutsford and Handforth, and the drivers that have fulfilled the delivery schedules. Similarly, we have enjoyed strong supportive relationships with local churches, which have helped to coordinate supermarket pick-ups and deliveries to our food banks, as well as coordinate weekly food donations from their congregations. When we deliver food parcels, we try to initiate conversation with our clients and assess whether they might benefit from any of our other support services.
A lady who used the food bank said that she will never forget the kindness of the staff and that “it meant the world to her” Another lady sent this note “Thank you so much for helping us over the past year. It has really meant a lot and helped in ways I can’t fully describe. It’s also shown my children that people struggle, but there are kind people who help. We are finally getting on track, back in work and our debts sorted so we won’t need you to bring us food anymore. Thank you so much”
## **Partnership with Food Suppliers**
Our close relationship with local supermarkets means we are now receiving more of their surplus food, which has reduced the cost of our emergency food support and has enabled us to offer fresh fruit and vegetables alongside the non perisable groceries we provide. We enjoy strong supportive relationships with Waitrose, Booths, Aldi, Sainsbury’s, Tesco, Lidl and Vestey Foods and we are very grateful for this support. We also work closely with FARE SHARE, Manchester and receive weekly consignments of food surplus for our Knutsford and Handforth food banks. We also have a partnership with Wilmslow Community Market Garden which has enabled us to add **locally** grown seasonal fruit and vegetables to our food parcels.
**5**
## **HOPE CENTRAL Trustees’ Annual Report** _**(continued)**_ **For the Year Ended 31 December 2021**
## **Goal 2 The prevention of poverty by providing services to individuals in need in Cheshire East**
The support services and courses that we offered in 2021 were impacted by the ongoing impact of the COVID 19 pandemic. At the beginning of the year, we were still limited to offering on-line courses. We ran several online Job Club courses which resulted in offers of paid work and voluntary work for those that completed the course. One of our clients who completed the course and subsequently found work, described it as her dream job. Another lady wrote a note “Thank you so much for the Job Club over the past 8 weeks. It has been really useful and given me a lot more confidence” Our Job Club Manager has networked with Job Centre Plus, employers and voluntary work providers to place our clients in appropriate and rewarding roles. Later in the year we were able to deliver the Job Club course face to face at the Lacey Green and Knutsford Hope Centres. We were also able to run several face-to-face Money Management courses, which help people to budget and avoid getting into unmanageable debt. It’s a 3-week course that uses a combination of videos, sharing experiences and discussing options. We have received some very complimentary feedback “It gave me more control of my finances and I felt less overwhelmed by them ”and “I have changed the way I budget my money” Offering these courses face to face was an important first step to fully re opening the Hope Centres, and re-establishing our supportive communities that offer mutual support and friendship as well as practical help to prepare for work, manage money better and improve IT skills. We have found that our popular Hope Centre craft table is a great place to enjoy relaxed conversations and make new friends. We are grateful to our team of kitchen volunteers that consistently produced such delicious hot lunches after we re opened the Hope Centres.
As we emerged from lockdown there was much commentary at national level about the impact of debt on mental health. It is a sad fact that 30% of people who approach Christians Against Poverty (CAP) for help with debt have either attempted or considered suicide. Food poverty can be a symptom of underlying debt, and so we have been keen to realise our plan to set up a local debt counselling service. In May we opened our North East Cheshire Debt Centre in partnership with Christians Against Poverty. CAP’s award-winning counselling helps 1,000’s of people very year to become debt free. We have been able to support 10 clients struggling with varying degrees of debt, and there have been some wonderful conversations with clients about God and Faith and most of them have accepted prayer. The service is free and led by our part time salaried Debt Centre Manager who has received CAP training and is supported by a team of “Befrienders” from the founding churches who offer practical help and on-going support until freedom from debt is achieved. The previously mentioned Money Management courses are offered to these clients and are an important part of this support. Martin Lewis, the “Money Saving Expert” has been an outspoken advocate of CAP’s work for many years. The life saving importance of this work he eloquently describes as follows “People think when you talk about saving lives and money, they think it’s hyperbole, it’s exaggeration but finance is not some arcane bit of accounts. It affects the roof over your head, it affects your relationships and whether you can look after your children. It’s one of the biggest causes of suicide and divorce in this country”.
Goal 3 To advance the Christian Faith
When they reopened, the Hope Centres continued to be places where we came alongside individuals and families and demonstrated God’s love for them. We have continued to present the mid morning “Thought for the day” with the central theme that we all need the salvation that can only be found in Jesus Christ, and prayer is always on offer. None of the support services we offer at our Hope Centres are dependent on responding to this. They are available to people of any or no faith.
**6**
## **HOPE CENTRAL Trustees’ Annual Report** _**(continued)**_
## **For the Year Ended 31 December 2021**
Mid way through the year we began developing relationships with refugees and asylum seekers that were accommodated at a local Handforth hotel. A few of them, mainly Iranians have attended the Hope Centre at Lacey Green and our churches. Our Debt Centre Manager has a particular interest in working with refugees and has coordinated our efforts to help them with English language lessons and reaching out to local churches that are keen to help. As a result, we have been able to offer English language lessons twice per week.
Starting in October we were able to offer a face-to-face Alpha Course in partnership with Life Church, Wilmslow which was attended by 2 Arabic speaking refugees as well as several local people. This ran in parallel with an Alpha Course in Farsi which was attended by 6 Iranian refugees, who were baptised and now attend church regularly on Sunday morning. Alpha is a course which explores the Christian faith.
## **Acknowledgements**
We simply could not be doing this without our wonderful supporters, volunteers and staff. You have been an inspiration to us, and we are grateful that you have been with us during this challenging year as we have sought to help those in our community that are living in food poverty. The trustees would like to acknowledge and thank all who have supported Hope Central with grants, gifts, donations, monthly giving and time given throughout this year:
Arnold Clark Cheshire East Council Cheshire Community Trust Handforth Parish Council Wilmslow Town Council Onward Homes Transforming Lives for Good Co-op Local Community Fund Neighbourly Community Fund Bare Necessities Wilmslow Community Market Garden Groundwork (Tesco Bags of Help) Lindow Ministry Trust Fit4Life Fare Share Alderley Edge School for Girls Waitrose, Wilmslow Waitrose, Alderley Edge Tesco, Handforth Tesco, Alderley Edge Lidl, Dean Row, Wilmslow Rotary Cheadle Royal Bramhall Methodist Church Wilmslow Methodist Church St.Benedict’s Church, Handforth St.Philips Church, Alderley Edge St.Christopher’s Church, Pott Schrigley Wilmslow URC St.Chads Church, Handforth Vinelife Church, Wilmslow
**7**
**HOPE CENTRAL Trustees’ Annual Report** _**(continued)**_ **For the Year Ended 31 December 2021**
In Knutsford, Hope Central and the Welcome have been working alongside the local community, and it has been a privilege to be involved and to see the support of so many local volunteers, individuals, organisations and businesses. The volunteers and individuals know who they are, and they have our heartfelt thanks. We would also like to acknowledge and express our appreciation to those businesses and organisations that have gone the extra mile for their local community. It has been a demonstration of how adversity can unite us, strengthen us, and bring us closer together. In alphabetical order our appreciation goes to:
438 Marketing Aldi, Knutsford Bexton School Booths, Knutsford Brook Street Chapel Changing Lives Together Cheshire Community Foundation Cheshire Connect Cheshire Connected Communities Cheshire East Council Community & Voluntary Services Co-op, Princess Street, Parkgate and Mobberley Fare Share Great Places Housing Group Knutsford Academy Knutsford Golf Club Knutsford Lions Knutsford Methodist Church Knutsford Rotary Knutsford Town Council Lindow Ministry Trust Mobberley Churches Mobberley Primary School Mobberley Parish Council Pickmere Community Group Sainsbury’s, Knutsford Speedifreight St.Cross Church, Knutsford St.John’s Churches, Knutsford and Toft St.Vincent’s School The Tea Room, Knutsford The Welcome The White Orchid Toft Taverners Transforming Lives Together Vestey Foods Waitrose, Knutsford Weareknutsford
And we give thanks for answered prayers. As St.Peter says “If anyone serves, he should do it with the strength God provides, so that in all things God may be praised through Jesus Christ. To Him be the glory and the power for ever and ever Amen. 1 Peter 4 v 11
**8**
## **HOPE CENTRAL Trustees’ Annual Report** _**(continued)**_ **For the Year Ended 31 December 2021**
## **Financial Review**
The third accounting period for Hope Central has again exceeded all expectations. The communities, churches, businesses and individuals have again generously supported the work of Hope Central and in particular the foodbanks. Income of almost £220,000 (including generous food donations) has been received.
There was a surplus for the year of £14,090 and at the year end reserves totalled £98,549
The level of reserves at the year end has allowed us to move forward in confidence into 2022, developing more activities and services.
## **Reserves Policy**
It is Hope Central’s policy to maintain a balance on the unrestricted funds, to ensure that there are sufficient funds to maintain the current level of non-discretionary expenditure for at least 3 months
## **Approved by the trustees on 27 September 2022 and signed on their behalf by**
**Chris Murr Chairman**
**9**
**HOPE CENTRAL Independent Examiner’s Report For the Year Ended 31 December 2021**
I report to the Trustees on my examination of the financial statements of Hope Central (the charitable incorporated organisation- “charity”) for the year ended 31 December 2021. These are set out on pages 11 to 19.
## **Responsibilities and basis of report**
As the charity’s trustees, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the 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 financial statements do not accord with those records; or
3. the financial statements 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 financial statements to be reached.
## **Mr R Moore CA (SA)**
**24 Finsbury Way Handforth Wilmslow**
27 September 2022
**10**
## **HOPE CENTRAL Statement of Financial Activities For the Year Ended 31 December 2021**
|**Note**
**Incoming resources**
_Income from:_
Donations
2a
Grants
2b
Fundraising activities
2c
Income from investments
2d
**Total incoming resources**
**Resources expended**
_Expenditure on:_
Costs of raising funds
3a
Charitable activities
3b
**Total expenditure**
**Net movement in funds**
**Balance brought forward at**
**1 January 2021**
**Balance carried forward at**
**31 December 2021**|**Unrestr’d**
**Funds**
**£**
201,956
6,000
1,612
8
209,576
-
188,623
188,623
20,953
77,596
98,549|**Restricted**
**Funds**
**£**
2,210
7,700
-
-
9,910
-
16,773
16,773
(6,863)
6,863
-|**2021**
**Total**
**Funds**
**£**
204,166
13,700
1,612
8
219,486
-
205,396
205,396
14,090
84,459
98,549|**2020**
**Total**
**Funds**
**£**
201,407
25,232
2,245
26
228,910
161
162,808
162,969
65,941|
|---|---|---|---|---|
All income and expenditure derive from continuing activities
The notes on pages 13 to 19 form part of these financial statements.
**11**
## **HOPE CENTRAL Balance Sheet**
## **At 31 December 2021**
|**Note**
**Current assets**
Stock
6
Debtors
7
Cash at bank and in hand
**Total current assets**
**Creditors falling due within one year**
8
**Net current assets**
**Net assets**
**Funds:**
Unrestricted -General
9/10
Restricted
9/10|**2021**
**£**
7,761
6,801
85,295
99,857
(1,308)
98,549
98,549
98,549
-
98,549|**2020**
**£**
8,096
7,591
70,507|
|---|---|---|
|||86,194
(1,735)|
|||84,459|
||||
|||84,459|
|||77,596
6,863|
|||84,459|
These financial statements were approved by the trustees on the 27 September 2022 and are signed on their behalf by:
**Chris Birch Treasurer**
**Chris Murr Chairman**
The notes on pages 13 to 19 form part of these financial statements
**12**
## **HOPE CENTRAL Notes to the Financial Statements**
## **For the Year Ended 31 December 2021**
## **GENERAL INFORMATION**
Hope Central is a charitable incorporated organisation registered with the Charity Commission in England & Wales. The office address is St Chad’s Parish Church, Wilmslow Road, Handforth, Wilmslow, Cheshire, SK9 3ES.
## **1 ACCOUNTING POLICIES**
## **Basis of Accounting**
The financial statements have been prepared in accordance with the Statement of Recommended Practice applicable to charities preparing their accounts with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) – (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.
Hope Central meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value.
## **Cash flow statement**
A cash flow statement has not been presented on the basis that the charity is small.
## **Going concern**
After reviewing the forecasts and projections the trustees have a reasonable expectation that there are adequate funds to continue in operation for the foreseeable future and have therefore adopted the going concern basis in preparing the financial statements.
## **Income recognition**
Income is included in the Statement of Financial Activities when:
- the charity becomes entitled to the resources,
- it is more likely than not that the trustees will receive the resources; and
- the monetary value can be measured with sufficient reliability.
## **Fund Accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of Hope Central.
## **Fixed assets**
Assets with an individual value of greater than £1,000 are capitaised.
**13**
## **HOPE CENTRAL Notes to the Financial Statements (** _**continued**_ **) For the Year Ended 31 December 2021**
## **Expenditure recognition**
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates: -
- § Cost of generating funds comprises the costs associated with attracting voluntary income.
- § Charitable expenditure comprises those costs incurred by Hope Central in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
- § Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.
## **Donated Goods**
This represents the donation of food for the food bank.
Where food is provided as a donation that would normally be purchased from suppliers, this contribution is included in the financial statements at an estimate based on the value of the contribution to Hope Central.
## **Volunteers**
Hope Central benefits greatly from the involvement and support of its volunteers, details are given in the trustees’ annual report. In accordance with SORP (FRS 102), the economic contribution of general volunteers is not recognised in the financial statements.
## **Stock**
This represents the stock of donated food and is estimated based on the value of the contribution to Hope Central.
## **Debtors**
Trade and other debtors are recognized at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any trade discount used. The debtor in respect of tax recoverable is recognised where applicable on donations under gift aid receivable during the year.
## **Creditors**
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in a transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.
## **Pensions**
Hope Central operates a pension scheme through NEST.
## **Taxation**
As a registered charity, Hope Central is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by Hope Central, and is therefore included in the relevant costs in the Statement of Financial Activities
**14**
## **HOPE CENTRAL Notes to the Financial Statements (** _**continued**_ **) For the Year Ended 31 December 2021**
|**2a Donations**
Regular donations
Other donations
Gift aid
Donations in Kind - Food
**2b Grants**
Groundwork (Tesco bags of help)
Handforth Parish Council
Cheshire Community Fund
Cheshire East Council
Onward Homes
Co-op Local Community Fund
Transforming Lives for Good
Wilmslow Town Council
Neighbourly Community Fund
Arnold Clark Community Fund
Do It Trust
Community Policing Fund
Waitrose
**2c**
**Fundraising activities**
Events
**2d Income from investments**
Bank Interest receivable
**Total incoming resources**|**Unrestricted**
**Funds**
**£**
18,034
57,819
7,835
118,268
201,956
-
5,000
-
-
-
-
-
-
-
-
1,000
-
-
6,000
1,612
8
209,576|**Restricted**
**Funds**
**£**
-
2,060
150
-
2,210
1,000
-
-
-
1,000
-
-
-
1,000
2,500
-
2,000
200
7,700
-
-
9,910|**Total**
**Funds**
**2021**
**£**
18,034
59,879
7,985
118,268
204,166
1,000
5,000
-
-
1,000
-
-
-
1,000
2,500
1,000
2,000
200
13,700
1,612
8
219,486|**Total**
**Funds**
**2020**
**£**
11,624
60,033
8,013
121,737|
|---|---|---|---|---|
|||||201,407|
|||||500
-
10,000
7,000
1,980
2,852
1,000
500
400
-
-
-
1,000|
|||||25,232|
|||||2,245
26|
|||||228,910|
In **2020** £1,650 of donations income and £24,732 of grant income was for restricted funds.
**15**
## **HOPE CENTRAL**
## **Notes to the Financial Statements (** _**continued**_ **) For the Year Ended 31 December 2021**
|**3**
**RESOURCES EXPENDED**
**3a** **Costs of raising funds**
**3b Charitable Activities**
**_Foodbanks_**
Food parcels
Salaries
Storage
Equipment
Computer and phones
Other expenses
Allocated support costs
**_Debt Centre_**
Salaries
CAP sbscriptions
Computer and phone
Other expenses
Allocated support costs
**_Hope Centres_**
Salaries
CAP subscriptions
Phones
Other expenses
Allocated support costs
**Total charitable activites**
**Total expenditure**|**Unrestr’d**
**Funds**
**£**
-
119,332
10,242
4,461
735
1,695
1,679
6,204
144,348
9,826
6,000|**Restricted**
**Funds**
**£**
**Total**
**Funds**
**2021**
**£**
-
-
7,272
2126,604
1,540
11,782
1,760
6,221
1,132
1,867
-
1,695
680
2,359
-
6,204
12,384
156,732
1,127
10,953
-
6,000
1,323
1,323
500
654
-
1,241
2,950
20,171
379
19,415
1,060
1,160
798
-
2,157
-
4,963
1,439
28,493
16,773
205,396
16,773
205,396|**Total**
**Funds**
**2020**
**£**
161|
|---|---|---|---|
||||121,005
18,830
2,916
1,498
-
2,536
3,021|
||||149,806|
||||-
-
-
-|
||-
154
1,241
17,221
19,036
100
798
2,157
4,963
27,054
188,623
188,623
|,
500
-
2,950
379
1,060
-
-
1,439
16,773
16,773||
||||-|
||||9,191
1,180
-
649
1,295|
||||13,002|
|||||
||||162,808|
|||||
||||162,969|
In **2020** £20,778 of foodbank expenditure and £6,241 was made from restricted funds
**16**
## **HOPE CENTRAL Notes to the Financial Statements (** _**continued**_ **) For the Year Ended 31 December 2021**
|**4**
**SUPPORT COSTS**
Management salaries and IT
Communications salaries and IT
Insurance, phone, computer and
other administration costs
Allocated to
Foodbanks
Debt Centre
Hope Centres
**5**
**STAFF COSTS**
Salaries and wages
Social security costs
Pension costs
The average number of employees in the year was 7 (2020: 4)
**6**
**STOCK**
Donated food stock
**7**
**DEBTORS**
Tax recoverable
Food contribution
Donations receivable
PAYE due
Grant receivable
**8**
**CREDITORS**
Accruals|**2021**
**£**
7,330
3,806
1,272
12,408
6,204
1,241
4,963
**2021**
**£**
49,853
-
81
49,934
**2021**
**£**
7,761
**2021**
**£**
5,801
-
-
-
1,000
6,801
**2021**
**£**
1,308||**2020**
**£**
2,611
-
1,705
4,316
3,021
-
1,295
**2020**
**£**
30,632
-
-
30,632
**2020**
**£**
8,086|
|---|---|---|---|
|||||
|||||
|||||
|||||
|||||
||||**2020**
**£**
5,554
1,000
785
252
-|
||||7,591|
||||**2020**
**£**
1,735|
**17**
## **HOPE CENTRAL Notes to the Financial Statements (** _**continued**_ **) For the Year Ended 31 December 2021**
## **9 FUNDS**
|**Current year**
**Unrestricted**- General
**Restricted Grants**
– Onward Homes
**--**Peter Kershaw Trust
- Arnold Clark Community Fund
**--**Cheshire East Council
**--**Community Policing Fund
**--**Waitrose
--Groundwork Tesco
**--**Neighbourly Community Fund
**Restricted donations**|**At 1**
**January**
**2021**
**£**
77,596
1,439
42
-
5,000
-
-
-
-
382
-
6,863
84,459|**Income**
**£**
209,576
1,000
-
2,500
-
2,000
200
1,000
1,000
2,210
9,910
219,486|**Expenditure**
**£**
(188,623)
(2,439)
(42)
(2,500)
(5,000)
(2,000)
(200)
(1,000)
(1,000)
(2,592)
(16,773)
(205,396)|**At 31**
**December**
**2021**
**£**
98,549
-
-
-
-
-
-
-
-
-|
|---|---|---|---|---|
|||||-|
||||||
|||||98,549|
The grants from Onward Homes brought forward are to help fund the Job Club and other courses. The grant from Police and Crime Commisioner East Cheshire and £950 of the donations are to help fund the Debt Centre. All other restricted grants and donations were to fund food, salaries, expenses and equipment for the foodbanks.
|**Prior period**
**Unrestricted**- General
**Restricted Grants**
**Restricted Donations**|**At 1**
**January**
**2020**
£
11,018
7,500
-
7,500
-
18,518|**Income**
£
202,528
24,732
1,650
26,382
228,910|**Expenditure**
£
(135,590)
(25,751)
(1,268)
(27,019)
(162,969)|**At 31**
**December**
**2020**
£
77,596
6,481
382|
|---|---|---|---|---|
|||||6,863|
||||||
|||||84,459|
**18**
## **HOPE CENTRAL Notes to the Financial Statements (** _**continued**_ **) For the Year Ended 31 December 2021**
## **10 ANALYSIS OF NET ASSETS BY FUND**
|**Current year**
Current Assets
Creditors: falling due <1 year
Fund Balance
**Prior period**
Current Assets
Creditors: falling due <1 year
Fund Balance|**Unrestr’d**
**Funds**
**£**
99,857
(1,308)
98,549
79,331
(1,735)
77,596|**Restricted**
**Funds**
**£**
-
-
-
6,863
-
6,863|**Total Funds**
**£**
99,857
(1,308)|
|---|---|---|---|
||||98,549|
||||86,194
(1,735)|
||||84,459|
## **11 RELATED PARTY TRANSACTIONS**
There were no fees, remuneration or other expenses paid to Trustees.
Donations were received from some trustees or persons connected with the trustees, but none had any restrictions attached to them.
**19**