Charity regi¥tr4tign Th￿nber 1183771 IEngland and Wal0$1
HOPESPRING
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025

HOPESPRING
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Ms Lobs &)tt
ChikeJe Ok
Myra Herbwt
Dr Durw￿rf
8isset
Charity regl8tratlon
1183771
Prlncipal address
10 Sea Ro•d ￿$1
SUN1er￿Tr
TY￿
SR2 9HA
Auditor
Robson Lad1erA(Uwl￿l5 Limited
Fernw￿l House
Femwttsy Road
JeSmo￿l
N**castk upon Tyne
Tyne and
England
NE2 1TJ
Banker%
Ljoyds Bank
5¢ Fawcett Slr8at
Sunderland
Tyne a￿j
SR1 1SF

HOPESPRING
CONTENTS
Trustees. report
Independent auditorfs rewt
Statement Off￿a￿￿OI adiwl
9-10
B&L8nce sheet
Statemgnt of cash flrA¥s
12
Notes to the ffftènual State￿￿t$
13-22

HOPESPRING
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 AUGUST2025
The trusteès present their annual rewjrt afKI fin￿¢￿1 stalemerts ts the year end￿ 31 August 2025.
The fingncial stslemenls have Kwa1￿1 ¥￿th the ar￿Unb.ng 0￿18$ Set out bn note 1 to t
￿fia￿la1 statements and corrply ¥nlh ltr£ charills govern￿g dwjment, the Charities Acl 2011 and "AcGIKJnling and
RepKrtirg by charit￿S.. Statement ol ReCommervj￿ Pradice aFW'catAe lo charilies weparing Ih&r a¢eounis in
accordance ￿th Ihe Finanoal ReFrt)rtiftg Standard UK and Republc of Irdand IFRS
1021. leffective 1 J￿￿ary 2019)_
Objectlvets and a¢tivslles
1411sglon StatÈment
Hopespring work5 Ihrough)ut Tyne aTrJ Wear seeking to 5e¥ve th¢ various e(bxational. physral and rnenlal he8tth
r￿dS ol the Yc￿ng and f•nilies in our reg￿. Wth a ￿.ghty c(Mnmitted tewn of trained stall and lull-tiff
volunteèrs, wè rmmle Sup[￿ ￿ G4re lor somo of th8 mst vutrwabk peopk in society th￿Q￿h ow peop
based interventions.
Princlpal Oble¢ts
The principal 0￿.eCtS of the charrty •re as lollm..
1. For the psNic bonefft. Ihe provisim of educatw)n in p¥l￿ar. but not exdu&vdy. by provKling SGIKK>Is
children aged 11 to 16 who in partKular. but not exdusNety lor tho¥e *e dewned to be vulnerable and emotionallyl
behaviour*ly comp￿. who are at risk ol. or have afèady ￿n. exduded from school or from altemative provisions
in the North Easl of EroLaThJ and s￿h ots pwts ol the Unrted Kinydom as the truslee5 May from time to time think
frt.
2. For the publc benefrt. the prevention an￿01 relef of peo* WIKJ S￿ In w)drtk)ns of need.
hardship oi dtstress In Uniled K￿gdoM by kvovmj￿g in pw11￿181 bul noi èxckJsNefy, svppjrted accomrTh)dation
vansitminal suPpc￿l tor mdNiduals l&ivry Ihe care of Ihe I￿1 au￿rty.
In fulfblment of th8 prfnclpal ob￿ts thè following activiti•B ar• ￿dOrtakÈn.
1 Therapeutic schods lor the nKJsl VLdnerat4e aryj em01K)r￿lyrtjehaVthrnl￿ comFlÈx young Pa￿)1￿ are al risk
of, or have al￿•dY Iwn. Èxcluded from sch￿￿ or frrAn thw"r allernati¥e pro¥i5ion.
2. Re¥identkel 18mity assessm)I centre for f*" ies needirMJ par￿tal cwAy asSesS￿ntS
3. SuFPOrt for we exper￿nced y¢JuTr3 people tranS￿￿nry to W¥jek￿dent Ipling.
4. Christmas gifts for c8re(I for cM(*gn in Sunderf*vJ.
5. EduGats'onal and mental heallh progr￿e$ lor YOU￿ peop￿ and f8mliès.

HOPESPRING
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGusf2025
Achlevemen¢8 and perforniance
Hopespring Education has continued to de¥eSop and expaThJ its pr(MSh?n, working dosely wr(h Local Authorit￿3.
schools. agencies ar￿ parkner organisations a(yoss th& N(xth East and beyond to meet Ihe ￿ed$ of yLyJng peO￿e
vAth cOmp￿X and often lTrg5tanthng barr￿($ io educati￿.
This year. ￿ have worked cklsety ￿1￿ Local Autkn"ty in preparation lor the opentng of ow second
Htspespring Newcastle camws. whth ¢1 lo welcome your4J peor4e duriThJ the 2025-26 academic year Th
develoFxnent will iwvease Gapa¢ty ￿rosS ow Ther8￿￿t￿ SclKds lo 60 ytyJng peo*. en3￿1Th) us to support
morè chddren and s)Éopk &rtsas tho iity of Newcas118 aTrJ the regk)n.
Ajongside this growth. we havè continued to stiengthen (Mjr outdoKY an(1 fwe5t ￿1Km)I prov￿￿)￿. Th'5 has included
workiru wtth local communities tc* d￿elop a community aikAmeN. W￿"Ch young peorAe hdp to creale and shape
from the growd up This work bJikls on our coMn￿Ment to PlQVKhry rT*arNngful. praclKal and #￿[apeUtiC ￿arnIng
opp(Mtunibes in outdoor a￿1 natulal ￿￿TO￿n￿ts.
We Gonlinue lo s¥Jnth(anl and trartsformatNe oulcornes f￿ the yomg people in our care. m￿Y of have
8X￿rIenCed k)ng-term èxCkn$k￿ from education. swthcant personal •fversity and onpng conwexty in their lives.
For I1￿8e your¥J people, ow wovide rrKJre than education akne. they oller a safe. supporiive and
therapeullc loundab.on from whih young F￿)p￿ c8n trfin lo re-engage. heal. gr￿ atKI both aGademKaly
and personalty
This was refécled in end.of.year and graduatK)n evening. Whe￿ the Mayor of Sunderland attended
to congratulate our young people and present their awards Hoposprir#J was honoured to be one of Ihe Mayor s
hos¢n chaith'es duriThJ hL% term of office. arKI preser￿£ recognised both Ihe admevements of our youro people
and the inpact of the wt)ViSi(m.
Now in 115 Second year ol operation, Rachel Hwse hè$ contYK*J to wryk in pwtnership with Local AUthOr￿e5 and
the CoL¥ts across th¥ regth to delivef highqualrty pa￿nI* assessmenls within our reshIent￿l family cent￿. The
pmvisKJn offeis a safe and StrL￿tured envir￿￿nI In whth batrj.es ￿ devèlcfj and thrive Ihrowjhout the 12-week
as8essmenl process, while SUp￿ting parents to establish and st￿ll91hen attachment The seNice has eontinued
to deliver sunilicanl outcornes. inclvJ"ng transfomwlive progro5& for many of ow la¥nil*s.
rch
C*Jrin9 the year. H¢*espnng was honc*Jred to be selected as one of the rthosen Chari1￿$ ol the Mayor ol
SundewlarKI, Cllr Ehthesham Haque ￿ 8Te grateful for the Mayor's support. induding the rarye of fundraising
events k)sted throughout the year in of HopespnTh3'9 wrxk. These (x)ntributions havè hèl￿d sioniftafivy lo
lurttEr strengthen the suFyort we are th lo offer lo the th"Idr&), yOLry F¢0¢ and tsrnili¢s we ¥ery8.
INe have continued our support lo Sunderlatwj's Next Steps team. PlQVKJing n exGes5 ot 80kg of food and essentrdl
items lo assi51 care-experienced young people transitthing into H)depÈndÈni living Don8t*)ns induded fresh
pro(lJce. heahhy ready meals, C[Vt￿ stspks, try1¢￿¥ and key househobj items lo help them settle inlo their
new ￿m¢s.
s￿derf8nd
(￿Ing to the geneiosity of oui partners. donors, stall and vdunteer5 the annual Christmas appeal suppNted cared-
for aLT05S S￿de￿and wrth over ec(J hvJlFquality gift5. m addition lo dtstribJtin9 more than 250 Christmas
hampèrs io famik*s.

HOPESPRING
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Flnancial review
The year en(Ing 31st of Augu51 2025 mwked the fifih ￿ year of ad1V￿e3 Undertak￿ wilh the organisatKJnal
slrucluie of Hope5pmg The combined adi¥￿"e$ ol Charity hag resulled in an income of £2.414.764
expendituro of £2.OTT.889 1&3dw to a of £336,875.
IrKome ir)to HLpeS￿ng has ￿n￿.￿U$￿ lo ir*yeasè. pa￿"CUlartY witti￿ fv yeAf With R￿tte1 House teir@ fully
e$tabh"shed And th8 irkyease in spaces al ojr s¢￿￿3.
The total income from Grants and tknati¢4ts ￿(￿ted lo £10.589 during the year. The yovisKJn of gaTrts and
d￿a￿)nS duriThJ the year has aga￿ SUp￿ted Ihe Ch*ity's stror¥J finanoal kx>$rtion to Carry oul rts ¢￿rationS and
irbv86t in frJturÈ acbviies agaDs1 signrfKwl uncertainties caused by Ihe pandemic
At th8 y8ar end Ihe Unrest￿19￿ fiJ¥J5 werg £674,681 ￿ tt* restsKte(I funds we £Nil.
Golng Concern
The Trnstees are Satisf￿ thal lh8 Charty ts a gO￿g (k) knu44 of any w￿rtain￿$ regarding the
or9￿1$all07S ability to Gonknie Lyratw as a 90ing Goncem.
Major Rlsks
The truslees haye ossessed the majw tisk5 lo whith the charity ts exFowJ. a￿1 srè sth"s￿d ￿t systems are in
place to mth.gate expowre to the w rtsks.
Plan¥ for fLrtwe perio(Is
Following conbnu¢d requests io expand ¢Jur ¢ducab"on prowgon. we t¢w4ards est*ishing new
Hope3pring Educa11￿ ￿e$ in the areas of grèatesl need Tyre & Weaf.
Resgrv•* Pollcy
The Ttustees and Manayement Team have de¥do￿d the reserve3 ￿lcY to ass￿1 n strategic p18nning anoj
considering how new proiecls ry a¢tivAI'es be fvnded This k8 used when ieviewing the finanual year and to
it)lorm the budgei ￿￿O¢eSS in Congder￿K￿l of bala￿e￿ IMth*Jets cx rf r8ser¥85 need io be drawn down or built up.
The Charty's rexrve also informs Ihe Ixxlget aTrJ managemenl FyC￿s by idenbfy'¢ng ary unr￿￿1nty
fvtuie WlCLyne slreawrLS and forecasting ahe&J lor the forfho)mwvJ fve years. The anrwnl hetsj in reserves ij 3130
monitored by the Trustees and Leaijership Team dLWWYJ Ihe cc*Jrse ol the y¢ar as part ol the (*arrty's bucbjè
processes The Truslee5 have adopted a resEYves poly wh.th they eonsKJer appropriat8 to maintain ath'vitiÈs
ol the charity in case of unfofeseen C4¢um$tar￿8 or a diop #i I￿ng.
1. Tg hold an unrestr"¢ted Iwds balance Ihol has a value of no less than 3 n￿nthS and no mre than 6 wnDnlhs
WMin9 Costs.
2. To desgnale apWOp￿le fLvk1 vaue r￿￿Ted Charty to meet a of ￿tr￿tUal oblNatK)ns in the
èvent it was requirod lo shut ¢S)wn.
3. To invest excess unrèstr￿Ied funds inlo new ￿ existing chariiat4e *i¥iles to furtheT enhan¢¢ Ihe St￿Ce
provision delivered. Use of unfe¥lncted funds is lo ￿ carrie(J oKrt C*) 8 w￿lty and ne8ds asse$srnÈnt.
4. Rgstricled furKts lo b6 SF*rt in the ihne frame and n the mannw ouilmed by Ihe fvnder cr the donor.
FoHowing thè financ401 year li is the Boards irtenthyi to increase ￿ ￿ve1 d ￿SelveS in hne wrth the gr￿¥th and
increase in Inco￿ and expe￿￿lu￿ exp￿￿1 in the PfOVN)us yew lli c*dèr lo hav8 a sUrtab￿ cotxingency for ￿Y
uThfO￿ seen orojmstances

HOPESPRING
TRUSTEES. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
structure. govwnanc• and managèm•nt
Hopfspring is a Chartsbk Incorporaled Organisation. The governance of the Charity 15 OVÈtsèèn by thè trusleès ol
wh￿h there must be a minimwn of three nMibers on Ihe board at or* lime per ihe ojnstitution. The lo day
runniTrJ of the or9￿1$all)n i8 dekgated to Ihe executive m•￿￿nt le￿.
Truslee's meelings are hekl fegLAarfy ihrou9t•xrt Ihe y¢ar to gve overs4ght d¥ttl#)n to the Chwity.
Under the requirements of the conthtLrtK)n. in aL*lrtion io the Sthiutemy rthiers of app(x"nlmeni, a now Trustee may
te appointed by a resoluti¢)n ol the Tru8tees passed by a m4'0rity ol the Tiuslees Ihe IiryE beirvJ.
Public BenefFt ststement
The Trugte6s have referred to the Charity CommissKJn's general guNlarth ￿ PLlJic benefft when rewewing I
OrgaThsalions &ms and actsvilies. The Tiustees are Satss￿d Ihai ihe athilies and aims ol the Chanty meet the
guidanGe of Pubhc Benefft oull1￿¢J by the C(xnrTMS5ion
The trustees who swve(l ¢Jur*ig yew and tsp to dale 01s￿A8bJ￿ ol Ihe finan¢i81 slalwnents were..
Ms Loi5 Gott
Or Chikezie Okike
Or Myra Herbert
Dr Joanne Ounnett
Or Rat￿1 Bisset
Statsment of trustees. resw)nglblMUes
The Irvslees are responwble lor preparirvJ the Truslees, Retmyt and Ihe finarKwI statetnent5 in W)rdan￿ wrth
appliCa￿e law 8TrY United Kirrtjdorn AccwrtirrfJ Standwds (Unrt￿ Gerw8ly At£erAed A¢￿1￿111*¥j
practi￿).
The law ap[AlcAb￿ to tharth.es in England and w￿@$ fequ*eg the tmstees to preparo fmanaal stateD￿nts ts each
financial year whLh gve a true and fair ol ihe st*e ol aff*rs of the dwrty and of Ihe i￿oMing resources
appI￿at￿n ol [￿￿￿[Ge$ of cknairty f(w thal y
In prepafing t￿se finanual statemeNS. the Iruslees are required to".
- select sulta￿e aCC￿n11ng pclicies atKJ then apply (ws￿lentfy".
obseive the inelhods a￿1 principles in the Charities SORP..
- rnake Jiidgefflonls and estirnales th* are rea50natAe and prudent".
- State whethef apph"cable ￿toUntsng slandards have teen folk￿¥&￿. subpct to any maierial departu￿9 dis¢k)sed
and explained in the ￿an(jaI siatemerts. and
prepare Ihe fin￿Cial state￿ntS on Ihe goiNJ crAwn b•#is Ltnless it is inapwoFNiate to p￿SU￿* Ihat the charity
wil continue in operation.
The InJstees are respOnS￿e lor keepw suffwil 8ccounbThJ {ecC￿ that disdose Mth ￿sOnable accuracy al any
tlme tr￿ financial po9t1￿ of Ihe thanty and enable to ensure that the financval slalements comply %￿th I
Charities Aci 2011 Ihe Charity (Acccxtnis and Rewrtsi Regula1￿$ 2(XJ8 and Ihe provIs￿nS of the Iru5t deed They
are also reskK)nwble ft)r 5afeguatiliw assels ol the £lwity afKI he￿e kn taking ￿839￿￿ts1¢ ¥i¥ps for
prevention and dèlèciion of fraud and irreguLqiJtes.

HOPESPRING
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
The trustees. Tewrt was ap￿0￿j by the Board of Twstee&
Ms Lois Gott
Trustee
Date..
JLlli 20. ?0?6

HOPESPRING
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF HOPESPRING
Opinion
We have aLFdited the ￿n￿CK￿l stalemerrts of Hopespn"ng {thè 'charityl for the year ended 31 AugLtst 2025 whith
comprise the Statery￿t ol fin￿C￿l aciNrties. the balar￿ sheet. Ihe statement of cash flows and rotes to the
financial statemenls, Including xcovnb.no txAiues The finanual reporting Iramework thal has been
appl￿d in their preparation is ap￿￿able law and Uniled Krylom A(x(wling Siand¥ds, including Financial
Reporting Standard 102 The FIF1&￿1￿1 Rgpothng St4ndalll awhlcaljle in Ihe UK and Republic of I￿land (Uniied
Kingdom Generalty Accepted Actt)unb"rtg pra￿￿).
In our opini￿. the financial stateM￿t5.
give a true and fair VEW ol the slate ol Ihe affan as at 31 August 2U25 oThJ ol its iicaniNJ resources
and applitatth of ￿SourCes. lor the ye8r then ended:
have b¢&n w0￿Y pfepared in acc￿dar￿ *iih Unrted Kyyhjm Genefally Accepled Accountin9 Prad1￿.
army
have b88n ￿pared in a¢cDrdance wth the ChontsesA¢t 2011.
8asi¥ for opinion
Wè condL￿ted ow audit in accordance wrth Intemabonal Standards cm A￿￿￿Ing IUKI IISAS IUKII and applub
law Ouf rèspms1trflrt￿S Ihose S￿d￿d5 are lurthw descrthd m the Au£h'tor& ￿SpOn&￿'1￿.es (Df thop aiidil ol
Ilie fiiioricial slaternenls section ol report. We we ¥*Yep8ndent ol the charity in ￿Aydar￿e %%ith thè èlhicAI
requirements that are Idevanl lo cw audrt of the fin￿la1 stalwenis in the UK. indudry the FRC'S Ethical
Standard, and we h3ve fulfil￿￿ our other ethK>l res[￿19￿1￿.￿s in aCCord￿ce wilh these iequiietnents We believe
ihat the audrt evidence we have ot1alr￿0 is SUlf￿￿ne arml appro￿￿te to a ba¥is for our opinion.
Conclusions relats.ng to going coneèm
In a￿lling the [Ma￿la1 stalemtsnts, we have c(￿(￿V￿ay Ihat ￿ trustees, use of gong ¢oft￿m b8&s 01
accounting in the preparation ol tre finanual ststemenis is 4)prwate.
Bas8d on the work we have I￿￿rmed. we have not Jdentw #ny matsrial Un￿rtaIn￿e$ relatng to event$ or
0ndit￿n$ Ihal, 1ndiv￿U￿1Y Qf collectvely. may cast sunffKant d￿bI on the charity's ablity to ujnlinue as a going
concein lor a peiK)d of al least months frc4n when the finan(ial Staten￿ts are authori5¢d frjr issue.
Our responsbilrties and the responsibthiies of the trIBle￿ wth respect to conwn are de5cI*)ed in the
relevant sections of this report.
Other information
The olhef information e¢)mprises Ihe mfofmatb)n induded in Ihe annual rewt other Ihan the fina￿la1 statements
and our audrtorfs Teport tre[e￿ The tfuslees are fesky)nSib￿ lor Ihe other infomiation contained wrthin Ihe annual
report. OLsr opinKm cffi the financial siatements does nol cover the other infomaticx) and wè do not Èxpress 8ny ft)mi
of assurance r4)ndusion Ihereon. Our resp￿S￿.11ty Is lo ￿&d the other informathjn aThl. In doing 50, consider
whethei the other 1nfoTmali￿ 1$ m*erwlty ￿K￿nSIste￿I wrth fina￿la1 5tsternents (x k￿￿edge obt8ined in
the CQUfSe ol the auth"l. or othernise ap￿ar$ lo be materially misstaled. If we kyentfy s￿h material inconsistenc￿$
r apparent rnal¢wial misstatements. we are requred to delermine whether Ih¢s gves rise lo a matefk?I misslalenwii
in the fin8nci41 stalemellls theMse￿e$. If. based ￿ the work we have perfortned. we rI)nd￿le that there is
malerial mis51aternent ol this otheF InfC￿aI￿. we are ra(yced to lep￿ Ihai iact.
We have nolhing lo repwt in ￿"$ regard.
Matters on which wè are requlred to report by exception
We have nothing to report In respect of Ihe lotlowry matters in relat￿￿ to ¥thith the Charrt*s (Attaunts and
Reports) Re￿latIonS 2W8 requires us to report lo you rf, in w OP￿19￿".
the inlormalw g¥en in ￿ fina￿81 statements is incon%sleni in any material respeci with the Irusle85'
rep)rt."
sufficienl acc¢JJnlir¥J records have ry)t t*en kept",
the financial statements are in a9￿ment wlh the accc*Miry reo)rds, or
we have not receNed all Ihe infcfmation and expknalions we requwe lor ow

HOPESPRING
INDEPENDEKf AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF HOPESPRING
Rg¥ponsibilities of trLNt••s
As explained rnore fulty in the statement of trustees. reswr)sib'lth'es, the tylislees are re$ponsn)le lor Ihe preparation
ol the fina￿1¥ slatemenls IDr bw'ng sa115fwl that they grye 8 true and fair y￿eW. and fof such internal eonlrol as
the Iwslees detemwnè is nécessary to enabk the preparats.on ol fiwcial slatemenls that are free from materia
mis51atement, whether due to frwd Of ￿rC￿. In weparing fin￿C￿l statements. the 1ruSt￿ are resp¢)nS￿e lor
assessing charity's ability to wnbrNJe as 8 gThr#J concèm. th"s¢losiThJ. as appI￿￿e. matters reLaled loi going
n¢ern using thè go*ig C￿nC￿r￿ basis ol accwntw unlos$ ihe tswstee8 ini¢nd to cease (werations. or
have no Tealistic altem8tive bLrt to do 80
Auditorf8 résponsibiliti•8 for th• #udtt of th• financi￿ 3t¥t*ments
We have been appointed as &Jditc* urKler seclKffi 144 of the Charities Ad 2011 and reFQrt in acCord￿Ce with th¢
Act and relevant wuLgtwJns made or hawng effeci there4m(*r.
Jr objecliiies afe to obtain rea$¢￿able assurance about the fMwKial statwnwts 8s a are freè from
material mi55talement. whelhef due to fraLvJ ty error, and to issue wi audilorfs re￿rt thal incbjdes our opinKIn.
ReaSon0￿e assurance is a h￿3￿ level of assuranco bul is nol a guarantee that an audrt conducted in occordan¢e
rith ISAS (UK} w41 a￿ayS delecl a materi?1 m￿stateM￿￿ when (( ex55ts. mt$￿81ernents can ￿sE from fraud or
erTOT and We c￿S¥JeTed material rf, uKli￿d￿￿IY or aggregate. they coulcl reasonabty be expected lo IrbfveKe
the ec￿0￿¢ decisi￿S of usérs lak8n on the basis ol these financial statements.
Irregularilies. induding fraud. 8re inStsn￿$ ol non-comphancè th l&vs and regulati￿$ desiyfi pr￿dureS in
line wrth our resP￿sIbIlities. ouuined ab￿￿e. io delecl matenal rn1351atements in res￿rt of irregularibes. induding
fraud. The extent to wce(knre5 are (apabbe of dele¢b"NJ I(fe￿arit￿$, I￿j￿*"n9 fraud. is detailed bel¢Jw".
The risk ol material misstatemeni dl￿ to error or fr*Jd has been a55essed in coniunth.on with how Intèrnal ￿ntrOl$
may mrtigale any such risk. These C￿trCAS are iwewed a$ part ofthè auth"t by performing systems walkthrol￿3hs to
ensure Ihey ale operating eltectNely. (Xher sUbS￿n￿"¥e iesw is performed w all materi81 balarKes aThJ
th8refore instances of shtyjkl ￿ identsf￿￿ of COn￿dered as insignificant.
The laws and regulats.ons whth are consxlered to be sgnrfanl to the er)lrty telale to health and safety and
Safeguarding. Oiscusslons are hekj wilh manage￿￿nI lo thIerm￿e whether why ￿eacheS have OCCUfred as well a5
legal expeThthIU￿ being suub'nised for any ev11￿¢￿ on nonwi**ice.
The audit w•$ CC•is￿eTed capable of ￿e￿lify1￿j irrWa*ilTes to the extent of ￿ SubS￿t￿? testing p¢r*)rmed
nd from th'scus5N)ns wrth mW•J￿)en1.
A lurlh¢r descript'on of our responsitslrt￿s is avaiLaL48 on ￿ Financial ReFX)rting c￿nCl s website at., http5'.11
www.fvc.0tg.uklautht￿srespOft￿bIJth.es. Thts desuptKMI fomis part ofour aLtho¢s report.
Other matters
Your attertlion i8 drawn lo fad Ihat the charity ha• Frfepar&J finawal 3tatemeniS in accord￿￿ wth-AcuJunting
nd ReFQrting by charit￿5.. Statewnent of Rec¢)mmended Pracb(* appficabbÈ io charities preparing their accounts in
8cwrdance ¥wth the F4wnoal Rew)￿n0 Standard aFfAi￿￿￿e in Ihe UK and RepU￿1C of Irdand IFRS 1021" las
8menrtedl In preference to Ihe Accountsng and Re￿rt￿g by Charrties". Slalwnent of Re(omrrendad PraC1￿e issued
on 1 April 2005 whth is retsr￿ to in Ihe extant regulabons trtrt has been wthdrawn.
This has bEen done in ordor fDf the financial stalwTrt lo ￿lje a and lair vTrew in ￿￿))[danc8 with ojrrent
Generally Accepted AccountiryJ Pfadb¢e.
U$e of our report
This rèport is made solety to the charity's INslees, a5 a t￿*. with P* 4 of Charitlos IAccounts
and Reports) Regulations 2008. audrt work has been undertaken so Ihat we mighl state lo lhe d)arity's truslee5
those matters we are re4Uife(I lo state to l*)em in an auditor's report and lor no ottser PL5rpose. To Ihe fullest extent
perrnitied by law. we do not accept or assurfie ￿spon￿bI1ty lo anyone othtr than thè charity and charity s
trustee5 as a IKYJY, lor ow audjt W￿k. lor IIMS report or f(K the Cy'n￿n& we have formed.

HOPESPRING
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF HOPESPRING
Micha•l T Moran BA FCA Isènlor Statutory Audltort
For and on behalfof Rob$￿ L•therAccoL¥)ianls LM￿11&￿. Sl8bJtory AUd￿L¥
Fernwood House
Fvmwo￿J Road
Jesmnd
Newcast￿ upon Tyne
Tyne and Wtrar
NE2 ITJ
Eng￿nd
Dale..
Robson Laider Accounlants LIrTh1￿ is ely.ble for appc¥ntment as audrtoc ol thè tharity by wrknje of rt6 elybility for
appointwnenl as auditor of a COfTV8ny ¢Jndw sec11￿7 1212 01 the Corryani￿ Acl 2CQ6,

HOPESPRING
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2025
Current financial year
Unreslrl¢l•(I
Restrletsd
fund$
2025
Total
Total
2025
2025
2024
Notes
Income and end¢)wmenls from:
Donalions a￿1 legaoes
Charrtable adi¥ilJes
In¥è4mènts
Cthef income
5,$89
2.395,
10.589
2,395.%3
17.804
1.825,507
2,304
8,820
Total income
2.409.764
2.414,764
1,854,435
Expendlturt on:
Charitable acliviti'es
2.072.889
2,077,889
1.787.332
Totsl expenditurp
2.072.889
2,077.889
1.787,332
Not income and movemont in fund#
336,875
336.875
67.103
R•conclllatlon of l￿d$.
Fund at 1 Septembèr 2024
337.8C
337.8C6
270.703
Fund balance$ 4t 31 August 2025
674.681
674.681
337.8C6
The statement ol finanaal acti￿t￿8 #ll gains h>sse3 re()y•¥￿j in the year. and expendttwe
dtrrwe frc¥n conlnJin9 athvitw.

HOPESPRING
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2025
Prlor financial y•ar
Unre>trlcted
fund$
2024
Restricted
funds
2024
Totsl
2024
otès
IKome and gndowm•nts frem:
Donations and legaaes
Charitable activi1￿5
Investments
Other inrA)me
IS.804
1.825.507
2.304
8.820
17.804
1.825.S07
8.820
Total Income
1.852.435
1,854.435
Expendlture on:
CharIta￿e aclivil
1.763.074
24,258
1,787.332
T¢)tal expendltur9
1.763.074
24.258
1,787.332
Net incomellexpenditurel and movement in fwd
89,361
122.2581
67.103
Rèeonclliation of funds..
Fund balan￿$ at 1 September 2023
248.445
22,258
270.703
Fund balan¢eo at 31 AugU8t 2024
337,
337.8Ce
10

HOPESPRING
BALANCE SHEET
AS AT 31 AUGUST 2025
2025
2024
Flx•d a88•ts
Tan￿b￿ assets
13
82.118
88,307
Currnnt a#¥¢ts
Deblors
Cash at bank and in hand
14
180.293
527.751
135.982
374.754
708.050
510.736
Creditorn: amounts falling due Tmthin
one year
16
1115.48n
r255,2211
Net currgnt
592.563
255,515
Total ass•ts less curr•nt liabilitt•s
674.661
343,822
Credltots: amourf$ f4lllng due after
mor• than on• y•ai
IT
16,016)
Net a$$ets
674.681
337.808
The funda of c￿rity
Unreslncted fijnrts
21
674.681
337,808
674.681
337,806
Jun ?6. 2026
The finan(yal 8lalwrvrts were akyov¢d by the trust¢e$ ¢)n .........................
Ms Lc*s Gott
Truste¢

HOPESPRING
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AUGUST2025
202S
2024
Cajtt flowF from opu¥ating activiii
C*sh generated frcffl operalMM)S
178.
114.047
Invèstlng aetivltses
Purchase ol tangible fixed
Inveslmenl ir£ornè rèceNed
(11.955)
123.5801
N?t ush u9ed In In¥estl*vJ actbvltles
(9.34n
121,2761
Finan¢ing activities
Rèpaymeni ol bank loans
(16.038)
111,4641
Not ¢8sh u9ed In flnandng a¢Uvlll¢s
(16,036}
{11,4641
Net Increa￿ in cash ar￿ cash equlvalents
152.997
81.307
Cash and cash equiv3￿n1S ai beginnry ofyear
374,754
293,447
Cash and cash oqulv•l•nt8 at ol yg•r
527,751
374.754
12-

HOPESPRING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
Accountlng p¢￿cleS
Charity infomiatlon
Hopeswing 15 a Charrtable Iniywated 1>yanK*¥￿. The Reg"steced offi￿ is 10 Sea ￿￿t.
SwKl¢fland. SR2 9HA
1.1 Basis of prnparation
The financial statements have been prepared in aco)Tdan(• wilh the goveming ¢SJcumenl, Ihe
Charrties Act 2011. FRS 102"The FinarTrgal Standard applicat￿e in UK Republic of I￿land.
and the Charities SORP 'Ac¢(Amiir*J RerKxliNJ by Charth"es." Slat8ment of RecAnmended Pradi
applicable to thaities preparng their accounts in Kcordan￿ witt) Lhe FInar￿la1 Rep¢xting Standard
aF￿1￿able in UK *KI Repubk of Irel￿d IFRS I￿￿>".
The statemenls are prepwed in sterfsrvJ. vhbidb is the lU￿b.0n￿l curTency of ihe tharty. Mgrthry
amounts in finonu81 slalements are ¥ouNJed lo Ihe r￿est £.
The financial slateThnts havo b￿n prep¥ed the histor￿al cost convention T￿ Printyp￿ accoLnting
polir4es a(ksPted are set out tekmt.
1.2 Going coneern
Al the time ol 4Jpro¥irMJ the finanLial statements. the Iwstees have a reasonab￿ expectation that Iho charity
has adequate resOur￿S io eonlintje In opef8tiJnal existefKe for the foreseeable fvtL¥e. Thus ￿ trustees
conliwe lo Ihe ￿n9 ¢orwn of¥K￿UnknrNj in the Iinanual slaloment5.
1.3 Charitsble funds
Unreslncted hJTrJs are a¥•labl? for use at Ihe disuelth ol the truslees in Iwlhera￿e ol Iheir tharitsb
obJ'eLtives.
Resln"cted are subiecl to Ipeth ctindil•Jns ty don0￿ Of grantor5 as lo h(yN they rnJy Lr used. The
purpxjses and uses ol the iesltided funos set in the to the ffftoncd #alem￿ts.
t.4 Incom•
I￿oMe is rec&Jnised when the ¢J￿ritY is leg￿tY entitled to rt after any perf￿arKe cOnd￿On$ have been met,
Ihe am￿JntS can be measured rd'abty. a￿1 Il probth Ihal irtome wdl be receNed.
All voluntary Income frcffi Supporters are iecfjgntsed as (knathjns are lul. a$socialed gift
aKI reeeivable in the Stalemenl of FIn￿Ck71 AclNrties.
Granls where èntrtlèment is not co￿}rt￿nal on Ihe ddr4ery of 5Feufic ￿rforn￿n￿ by Ihe charity are
recognised when the charity uTKo￿lI1￿￿Y enblled lo the g[￿t.
Im)me r85wrc05 from chantat4e Iradry as lelwj of the ￿lId￿j are accounted for when
are ¢knwn up las Ihe point of enbtkmenti.
tX)naled serYKes and f￿litieS are itILM￿ ai Ihe v#Je to the tharity vthere thi¥ ¢8n be quanlified aryj the
￿(￿tIc￿l is maleik4 to the ￿(Q￿rIts
Gfts in Kind a￿ accounted lor at a reasonth 851imate of y￿ue lo the chBrrty or the 8irrf)iwil aclu8ly
reali5ed.
Vdunteertirr¢. valLTre ofvoluntsry Sukwrt ts the work of the chaiity is not Tr)1 in the èceounis bul
is described in the accounts.
Inveslmert irK0￿￿ is T￿lU(led in the whon
13.

HOPESPRING
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Ac¢ountlng polleles
Iconb'nuedl
1.$ Expenditu
Expendrture is recognised 0￿e there i8 a legal ov Wr￿try￿1¥e ob*gat￿ to transfer economi¢ i￿nefit lo a
Ihird party, rt is probable that a transfer of econr*n¢ benefits will t* ièquired in settlement. and the arTrJunt ol
Ihe obligalion can be n*asured reliabty
EX￿nd[lUre i& classified by activrty. The costs ol e￿h acbvty are nllde up of the total of diT￿t costs and
shared c0518. includmg SUPPDrt costs iftvofved w) undertakirvJ eacb aclNrty Dire￿ costs attribula￿e lo 8 ￿ngle
aclivily ale allolzled diredy to Ihat actrwty. Shared cosls whith tontrtsjte to morè than one aclk¥ity aDd
support costs which are rK)l atlributable to a siNJle aciwity we ap￿t￿￿ed be￿e￿n those aetivit*s C￿ a bas
consistent wilh the use ol re50ufGes. Central staff costs are allocated on the basis of li￿e spent. and
depreGration c*¥arges are ￿located rm) thè rA%1tM ol thè assels use.
1.6 Tanglble fixed assets
Tangible fixed assets are miliatly n*asured * cost and $￿uentlY ryEaswed al cost or vatsjabon, nel ol
depreciation and any inwaifflwl losses.
Depreciation is r8cogThsed so as lo wnte off the cost LY ¥alualM of assets ￿53 t￿¥T r¢spJual values over their
useful ljves on Ihe lolowin9 ba5es-.
Leasehold Improvements
Fixtures and fittings
Computers
Molor Veh￿eS
1¢>25% 5travJht lir
25¥fj straighl line
25% straighl line
25% slragm line
The gain or bss ansin9 on the dtspK)sal of an asset Is dele[￿K￿d as the (*fterenGe b¢lwe¢n the Sa￿ proceeds
and the carryitYJ value ol Ihe asset. arKI is rec(w"sed in the statemenl of tnan¢i81 adsviliès.
1.7 Impairment of fixod asse¢¥
At each reFxJrtir¥J dale. the tharity rewews the carrywvJ arrwrts pl its assets lo determine
whether theTe 15 any IndiG*ion that Ihose assels have suffered an impwrmeal 1055. 11 any such Indralion
e￿$t5, the recoverable 8fflount ol the assel is c¥der to determine Iho extènt ol the impa¥menl
boss lif anyl.
1.8 Cash and ca8h •quiv8lents
Cash and cash equwalents rndude cash in IK*KJ, deposits hekl at (al thith banks. other short-temi hquid
investments wth ortgnal maturibes ol Ihrèè monlhs or *ss. and overdrafts. Bank ovcsdrnfts we shown
within borr￿￿IngS In current I￿￿IrtIeS.
1.9 Taxatlon
The charity Ss exempl frcxn tax on Ihe bas￿ of Is charitatdè 8CXivitièS.
1.10 R•tirement benefits
Paymenls to defined contr1)utK￿ reb"rerr￿n1 benefft schen￿$ we chwpj as an expense as tsll due.
1.11 Loases
Renlal charges payth un(ler 0￿rating leases we eharged fffj a strawl Ine basis.
14-

HOPESPRING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
lrtome from donatlons and lega¢Oes
Unrestslcled Restricted
fLmds
fiwd¥
2025
2025
Totsl Unrwstrictsd Restrlcted
funds
fundB
2024
2024
T¢tsl
2025
2024
Don*ion¥ and gffts
Grants
5.589
15.804
15.804
10.589
15,804
17.804
Grnnts
Food and care p￿kage
support giant
Oiher
2,0(X)
2,OC()
Donated goods and services
DuiiThJ the cw¥ent finan(¥al y¢8r. Hopespring has recep￿$ £3.273 of regular don8tK)ll3. ond r￿all￿er
from one-oll donabons.
No assets have been donated to the chanty Ihis yew,
Incomo Irom charltable actlviti
Unr•stricted Unrn8trfcted
funds
funds
2025
2024
Charitsbl• actlvllles
Placen￿1 end referral incon
2.395,￿3
1,825,507
Incom• from Inv￿lMart
Unrg$trlctèd Unr•strictod
furKIs
fund8
2025
2024
Inlergst rewvajle
15-

HOPESPRING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2025
Othgr ineomè
Unrèstrlcied Unrestricted
fund8
2025
2024
Other income
Volunteer rental ir￿me
Insuran¢è cL4im
430
676
7.714
8.620
Ex￿ndItUre on charitab[• activities
Charitablo
CharStabl•
expendilure expenditure
2025
2024
DiTtsCt costs
Staff costs
Depre￿alK￿ and mpwI￿nI
Other staff costs
Building and prerntsgs
D¢rect aclivity eosts
IT a￿1 Compvter
1,627,212
18,144
1.324.501
17.179
38.498
224.727
59.091
15.082
203,698
57.604
34,057
1,965,C63
1.679.078
Share of support and govemance costs Isee noio 71
Stsppc
Governanee
4.891
87,935
10.144
8,110
2,077,889
1.787.332
Analysis by fund
Unrestricted funds
Restricted lur%ts
2.072.889
1.763.074
24.2Sg
2.077.889
1.787.332
16-

HOPESPRING
NOTES TO THE FINANCIAL STATEMENTS (COPUINUED
FOR THE YEAR ENDED 31 AUGUST 2025
Support eogts allocated to a¢tlvllfies
2025
2024
Adminlstration costs
G(Ivemarte costs
4,891
87,935
10.144
98.110
92.826
108,254
Anoly#èd bth4een'.
Charhtsbk oxpeThJrture
92.826
108,254
2025
2024
Gov•manc• ¢o*ts eomwlse:
Audrt lees
Legal and professKwl
Bank inlefe31.
8,240
91.301
569
82,188
247
87.935
98,110
Met mov8m•nt In lundo
2025
2024
The net rnovement in lunds s181ed allw ¢haotyntylcredthngl".
Fees paYa￿e the 3udil of the chwitl8 fli8￿la1 slatenth5
Depreciab'on Df cwned tangible fixed assets
6,240
17,179
18.144
Trustees
Two trusle¢s TeMu￿ated for their th T*thin Ihe ¢h8nty, ￿dertak￿ in 8ccordwce ￿￿th fv charity's
governing ¢Jxunenl and with approprugle &rthorISat￿. The ￿n￿n￿rats}n was for thw'r fdes a% ￿ employee
or conS￿tant lo the charity noi lor roles as trustees.
L Gott received £48,736 an¢J £2 J)5 pensbj) I))ntrtxrt￿ffi (WL4'. £49.￿ pnsk)n contr*Ju￿nI.
C¥ J Dunn rewved E3C¥J.12024". £3.3CO)
No otherlrusleej re¢•ved renwneration othw befieffts frtyn employment wilh the charty.
)ne ol the truslees inwred ￿Y expenses fft Ihe currenl OT wwxdiry y¢4r.
10 Employee$
The ￿erage n￿nIhty Thwnber ol ￿pknYees duriThJ the year was"
2025
Numbgr
2024
Number
Empk)yees
17

HOPESPRING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
10 Employees
Iconunuedl
Employment cosis
2025
2024
Wa9es and sa￿￿'eS
Soaal secuity ￿$t$
Other ￿nSIon costs
1.397,170
136.527
93.515
1.149,848
95.737
78.916
1,627.212
1.324,X$1
Key management personnel
The charity considers ils key manag￿￿nt persLyN￿ to be Ihe Executive He8dleacl*r &nd (*ialions
Finance Lead. Tr tolal ems)knyee be￿rts rec4Ned by key Mana9eTr￿nt were £95.87012024.. £86.4941.
There no empbyee5 wI￿Se annual remunerat￿ w85 more than £￿.c￿.
11 Volunteers
The charity benefits grealy Irom volunlary contr1t￿l￿S of twne mow. It V6 es*'mated that the charty
benefited froffl ov¢r fj,￿ ¥￿￿Trtary h>srs. Th¢ rna￿ tyjfk irf this bme Is conifibuted frc¥n 5 volunteers These
¥olunleers give time Iow8rds areas sud) as but ￿)1 exdusr4ety ftjndraistng, the nJnnr4J of Hopespnrg
aciivities and •JmiThstralion.
12 T•xalion
The chwty is exempi from laxalion on rt* al tt$ income is for ch¥tsb￿ purposes.
13 Tangib￿ fixod ass•ts
L¢¥8ehoSd FI¥￿￿4 •nO Cwpul•rB
Toial
v•hi¢l•s
Cost
At 1 SeptemLw 2024
Adth"IK)ns
118.C68
18.6751
6,879
21.
17,
16,630
162.903
11.955
At 31 August 2025
109.393
6.879
21.996
174.858
Depreciation arKI itnpairmgnt
At 1 September 2024
Depreciation charged in the year
41.033
10.235
6,663
81
21.￿￿
32
74.5
18.144
At 31 Augusi 2025
51.268
6.744
21.932
12.
92.740
Carrying #mounl
At 31 Avgusi 2025
58.125
135
23.794
82,118
At 31 Augu* 2024
75.035
217
95
12.
88.307
18-

HOPESPRING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
14 D•btoY8
2025
2024
Amounts falling dutr within one year.
Trade debtors
Prepayments and accrued irth
158.612
21.687
134.782
1,200
180299
135.982
15 Loans and ov•rdraft8
202S
2024
eank loans
16,036
payab￿ within orÉ year
Payab￿ after one y
10,020
6.016
16 Crg1Sitors: falllng due within one year
2025
2024
Nots¥
Barbk 19gll
Olher taxalion and %K4al sewrty
Delerred incow
Trade ryeditors
othèr ttalrtors
AGuuats
15
10,020
22,720
183,310
26,246
6.685
8,240
18
36,423
115.487
255,221
17 Credtors.. •mounts falling du• •ft•r morn than one yethr
2025
2024
Bank loans
1S
6,016
18 D•f•rred bnc¢)me
2025
2Q24
Other deferred incoff
183,310
19-

HOPESPRING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED>
FOR THE YEAR ENDED 31 AUGUST 2025
18 Deferred Income
Ictsntlnuèdl
202S
2024
Deferred incom¢ is included wAhin:
Cur¥enl Ik9bilities
183.310
Movements in the year.
Dèferred income al 1 September 2tr24
Re￿ased from pre¥iCAts wiods
Resour￿ deferred In the y¢ar
183,310
{1￿.310)
87.334
187,3341
183.310
Defetted income al 31 A￿￿12025
183.310
19 Retir•m•nt benefit $¢htmes
2025
2024
Delinoql contribution schemes
Charge to profrt or loss in respecl ofdefined CLY￿ribut￿ schernes
93.515
78,916
The charrty operates a defy)ed ¢(X)trib(rt￿O pension scherre lor all waifying 8mrJoyees. The assets of the
scheme are hekl separately from Ihose ol the charity In an independenlly adrninislered fl￿￿.
Restri¢t¢d fvnds
The reslrKted lunds ol ihe tharty CDmwse ￿ unexpeThJeiS balarKes of doNal1￿$ aThJ grènts hek1 on trust
$ubJed to specific co￿￿"t￿)￿S by donor$ as to they rr•y be used.
At1
Incoming
Restsurcès At 31 August
S•ptwnb•r tssources expend
2025
2024
Christrnas Ap￿81
5.000
{5.0001
Pr•ViOL￿ year:
At1
Incoming
Septwnber resourc•8
2023
Resourfjety At 31 August
expendéd
2024
EducalK)n Hub
Christmas Appeal
22.259
122,2581
(2.000)
22.2S9
124,258)

HOPESPRING
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEOI
FOR THE YEAR ENDED 31 AUGUST 2025
Re$trict•d funds
{Continuedl
EdUCa￿on Hub
Funds and donations r￿ed arky restrthd br the set and rLwYJing ofthe ngw e(lJcal￿n hub based in lh¢
whal was Kings Road Chldren's Hclne.
Chrlstmas Appeal
Funds and dorot￿3 T￿eNed ￿￿tricted Imm 2024 and 2025 Christmas Apted to raise ¥noney for
chr1￿m35 g'fts lor the (Wed Of ch*kn and Chfists￿8 hampers for car8 exper*need youtYJ peop*
Sunderland.
21 Unresthcted lunds
The Unrestr￿e￿ fuThts ot the charity comw'se Ihe l￿Xpended bala[￿e5 ol donation¥ grants wh￿h are
not subiect lo specthc coThJliws by dono[5 granl¢ys 05 to how they may be used. These include
designated funds whth ha¥e bÈert sèt asth otsl of LInres￿lOd lunds by Ihe Irustees lor $perif￿ purposes.
In¢omlng
S•ptgmbor r9¥oU￿
2024
Resour￿6 At 31 Auwst
•xpended
2025
General funds
337.806
2.409.764
(2.072.889)
874.681
Pfevloug year.
At1
Incomlng
ReJow¢e$ At 31 AUg￿t
Septembw f•sourcw •xp•nde
2024
2023
Genèra fur#1s
248.445
1.852.435
11,763,0741
337,806
22 Operating lease comm•lm?nts
L•asee
At the reportiThJ end date Ihe tharity had oulstsnong tsyThThtmnts for hrture nwninxKn lease payrn8ntS Llnder
non-cartellable g)eraling ￿aSes. wh￿h fall due as folo4b3"
2025
2024
Wrthin one ye
Befv4eell and fve yea
52.848
365.756
54,054
460.160
418.e
514,214
23 Related party transaction
21

HOPESPRING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
23 Related ￿rtY transactlons
Icontlnuèdl
Dursng the year ts charity received wKome ol £nil 121Y24.. £1CK)l pad £nl 12024.. £4.7041 to Beth5han
North Easl Or Tim Dumett ts the Chair of eethshan North East. Ck Twn DU￿r￿tt F the SPDuse of Dr Joanne
Dunnett. a Trustee of Hcysymg.
Dr Tim Dunnelt. the Spouse ol Iruslee Dr J08nne tknnett. was ￿1￿ £7.200 12024". £4.8WI ts provM*'ng
piofèssional cOnsL￿￿￿Y and staff tra￿￿3 serv￿5..
24 Ca8h gener•tsd frorn operntio
2025
2024
Surplus lor the year
336.875
67.103
Adjustments for:
Investrnent ￿cOMe recogrx8ed in Stal¢m￿l actwii*s
Depre¢wtK)n and inyairmenl of tangib￿ fixed assels
12.6081
18.144
12.304)
17,179
Movwnon¢$ in working ¢*pitsI:
Ilncrèasel in debiors
Incrèasè In L¥editors
IDecreaselli￿rease in ¢*fer￿d Ineon
144.3171
53.
1183.3101
181.7361
17.829
95.976
Cash generated from operntlons
178.380
114,047
25 Analy$ls of changes In not fvjnds
At 1 S•pl•rnb•r
2024
Cash ftrrtj
At 31 August
2028
Cash at bank aThJ in hand
374.7Y
152,997
527,751
LoaDs f*lirwJ due within year
Loans I￿li￿j due after moce than or* year
110.0201
16.016)
10.020
6.016
358.718
169.033
527,751