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2024-08-31-accounts

OPENING DOORS FOR REFUGEES AND THOSE SEEKING ASYLUM

Hope ESOL CIO Trustee Report 2023-2024

Contents Page
Trustee report 1 - 4
Reference and administrative Information 5
Independent examiner's report 6
Statement of financial activities 7
Balance sheet 8
Notes to the accounts 9 - 13

Hope ESOL CIO Trustee Report 2023-2024

Trustee Report – 1[st] September 2023 – 31[st] August 2024

The trustees present their annual report and financial statements of the charity for the year ended 31 August 2024.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and the relevant version of the 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).

Hope ESOL CIO is a Charitable Incorporated Organisation (CIO) registered with the Charity Commission on 5 March 2020, registration number 1188370. The organisation is governed by its constitution.

Charitable Objectives and Activities

The charity's object as defined in its constitution is:

‘To advance the education and training of those granted refugee status, those seeking asylum, and other vulnerable migrants in South Yorkshire and its surrounding counties in need thereof so as to advance them in life and assist them to adapt within a new community.’

Our strategic priority is to ensure that all asylum seekers, refugees and vulnerable minorities in South Yorkshire (and its surrounding towns and cities) have access to the ESOL and skills training they need.

Historically we have done this by providing affordable ESOL services to organisations who already work with asylum seekers & refugees – providing on premise teaching to their service users. Since becoming a charity we have also started to provide Digital Skills training and received grant funding to enable us to put on our own fully subsidised classes.

The trustees have given due consideration to the Charity Commission published guidance on the Public Benefit requirement under the Charities Act 2011.

Achievements and Performance

The following timeline outlines the organisation's achievements during this period. During this year we provided free at point of access services to 190 individuals, tripling the number of beneficiaries compared to the previous academic year.

Autumn Term (September 2023 - December 2023)

1

Hope ESOL CIO Trustee Report 2023-2024

Spring Term (January 2024 – March 2024)

Summer Term (April 2024 – August 2024)

2

Hope ESOL CIO Trustee Report 2023-2024 Governance

During this period a board of trustees ran the charity (CIO), delegating most day-to-day operations to the employed management team.

The Board of Trustees seek to appoint members who have a wide range of appropriate skills and knowledge of the sector that will allow them to govern and grow the charity successfully. The Charity's governing document permits a minimum of 3 and a maximum of 12 trustees.

The trustees conduct a skills review to identify potential gaps in the board that can then be suitably recruited for. The appointed individuals must fit within the requirements in the constitution, support the values of the organisation and be able to make the necessary time commitments. The trustees hope to grow the board further to include individuals with lived experience of being an asylum seeker/refugee in the UK.

All trustees give their time voluntarily and receive no remuneration for their role as a trustee.

Management

Hope English School was led on a day-day basis during this period by Anna Bollinger (CEO) and Katherine Sturdey (COO). Anna Bollinger was on maternity leave from Sept 2023 - January 2024. Lucy Morley and Katy Sturdey were appointed by the board of Trustees to provide maternity cover and operate as acting CEOs (50% respectively) in her absence.

Financial Review

During the year the CIO raised income of £63,990 from all activities and incurred expenditure of £72,474. This resulted in a combined net expenditure of £8,484 comprising unrestricted net income of £44,096 and restricted net income of £19,894. Year-end total reserves were £38,275 comprising unrestricted funds of £20,103 and restricted funds of £18,172.

3

Hope ESOL CIO Trustee Report 2023-2024

Income (£63,990) came from:

A breakdown of charitable expenditure can be found in note 4 of the accounts.

Reserves Policy

The Board of Trustees adopted the reserves policy on 17 March 2022.

Hope ESOL CIO has identified the provision of training services including: the recruitment and training of teachers, the planning and delivery of classes, the monitoring of classes, as core activities and will seek to finance these through income streams that are as secure and long term as possible

Free reserves are that part of a charity’s unrestricted funds that is freely available to spend on any of the charity’s purposes. Hope ESOL CIO maintains free reserves:

Unless otherwise agreed by the Board of Trustees, Hope ESO CIO aims to maintain unrestricted reserves at a minimum level representing three months of core operational costs and no more than the equivalent of 6 months of working capital at any given time. This will be reviewed regularly and the target adjusted as necessary to ensure sufficient funds to cover unexpected fluctuations in income and ensure continued service delivery during temporary financial challenges.

The target range is £12,000 - £36,000. Free reserves at 31 August 2024 were £20,103 (2023: £22,911), which is within the target range.

The Board of Trustees will review the above criteria with reference to the charity’s strategy and Termly Plans and determine the target level of free reserves to meet these, on a rolling termly basis.

The Board of Trustees will at times designate funds from free reserves for significant project costs or replacement of major assets.

4

Hope ESOL CIO Trustee Report 2023-2024

Reference and administrative information

Charity Name: Other name the charity uses: Registered charity number: Charity’s principal address:

Hope ESOL CIO Hope English School 1188370 178 Shoreham St, S1 4SQ

Board of Trustees:

Key management position

Philip Howden (appointed 15 July 2020) Paul Horton (appointed 15 July 2020) Hannah Peck (appointed 27 May 2021) Anna Bollinger (appointed 9 December 2021) Katherine Sturdey (appointed 9 December 2021) Josephine Taylor (appointed 17 March 2022) Solange Pousani (appointed 7 July 2022 – stepped down April 2024)

Chief Executive Officer Chief Operating Officer

Independent examiner (and accountants):

Susan Cochrane, FCA DChA Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH

Declarations

The trustees declare that they have approved the trustees’ report above on 25 March 2025.

Signed on behalf of the charity’s trustees:

Signature

PHILIP A HOWDEN

P Howden

Trustee

5

Independent examiner’s report to the trustees of Hope ESOL CIO (‘the CIO’)

I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 August 2024.

Responsibilities and basis of report

As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the CIO’s accounts 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 Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.

Your attention is drawn to the fact that the charity has prepared the accounts (financial statements) in accordance with the relevant version of the 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn. We understand that this has been done in order for the accounts to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.

I have no other concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed:

Susan Cochrane, FCA DChA Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH

Date: 26 Mar 2025

6

Hope ESOL CIO

Statement of financial activities (incorporating the income and expenditure account) For the year ended 31 August 2024

Notes
Income from:
Donations and grants
2
Charitable activities
3
Total income
Expenditure on:
Charitable activities
4
Total expenditure
Net income/(expenditure)
Transfers between funds
10
Net movement in funds
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
£
20,242
23,854
44,096
49,663
49,663
(5,567)
2,759
(2,808)
22,911
20,103		 Restricted
funds
£
-
19,894
19,894
22,811
22,811
(2,917)
(2,759)
(5,676)
23,848
18,172		 Total
2024
£
20,242
43,748
63,990
72,474
72,474
(8,484)
-
(8,484)
46,759
38,275		 Unrestricted
funds
£
13,937
51,384
65,321
58,064
58,064
7,257
663
7,920
14,991
22,911		 Restricted
funds
£
-
21,747
21,747
10,339
10,339
11,408
(663)
10,745
13,103
23,848		 Total
2023
£
13,937
73,131
87,068
68,403
68,403
18,665
-
18,665
28,094
46,759

7

Hope ESOL CIO Balance sheet As at 31 August 2024

Notes
Current assets
Debtors
8
Cash at bank and in hand
Total current assets
Creditors: amounts falling due within one year
9
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after more than one year
Total net assets
Funds of the Charity
Unrestricted fund
Restricted income funds
10
Total funds
11		 2024
£
2,394
41,348
43,742
(5,467)
38,275
38,275
-
38,275
20,103
18,172
38,275		 2023
£
1,498
49,627
51,125
(4,366)
46,759
46,759
-
46,759
22,911
23,848
46,759

Approved by the trustees on 25 March 2025 and signed on their behalf by:

Signature PHILIP A HOWDEN

P Howden

Trustee

8

Hope ESOL CIO Notes to the Accounts For the year ended 31 August 2024

1 Accounting Policies

a Basis of preparation

Hope ESOL CIO is a charitable incorporated organisation. In the event that the charity is wound up the liability in respect of the gurantee is limited to £nil per member of the charity. The address of the registerd office is given in the areference and administration information in these financial statements.

The financial statements have been prepared in accordance with the relevant version of the 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) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Accounting Practice. The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the relevant version of the 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) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The financial statements have taken advantage of the exemption to prepare a Statement of Cash Flows.

The charity meets the definition of a public benefit entity under FRS 102. The financial statements are prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to the accounts. The financial statements are presented in sterling which is the functional currency of the charity and are rounded to the nearest £.

b Income

Income is recognised in the SOFA when the charity has entitlement to the funds, any performance conditions attached to the monies have been met, the receipt of the income is probable and its amount can be reliably measured.

Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

Fees received in advance of the classes or other specified services is deferred until the criteria for income recognition are met.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Investment income is included in the accounts when receivable.

c Expenditure and liabilities

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Support costs include central functions and governance costs.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

d Tangible fixed assets

Tangible fixed assets for use by the charity are capitalised if they can be used for more than one year, and cost £500 or more. They are valued at cost or, if gifted, at the value to the charity on receipt.

e Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

f Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

9

Hope ESOL CIO Notes to the Accounts - continued For the year ended 31 August 2024

1 Accounting Policies - continued

g Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

h Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor.

Pensions

The organisation has a defined contributions pension scheme. Contributions are charged in the accounts as they become payable in accordance with the rules of the scheme.

i Tax

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

j Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist.

2 Income from donations and grants

Donations (including gift aid)
Donations - gifts in kind
Income from charitable activities
Tuition fees
Sponsorship
Other income
Grants:
The JG Graves Charitable Trust
Church Burgesses Educational Foundation
Magic Little Grants
The Hilden Charitable Fund
Migrant Help Community Hubs
Sheffield LAC
Sheffield 1000
The Brelms Trust
The Harry Bottom Charitable Trust
The Mears Foundation
Co-op Customer Donation Fund
National Lottery Community Fund
South Yorkshire Community Foundation
SCC Ward Pot		 Unrestricted
funds
£
15,778
4,464
20,242
Unrestricted
funds
£
21,536
1,065
253
-
-
-
-
-
-
1,000
-
-
-
-
-
-
-
23,854		 Restricted
funds
£
-
-
-
Restricted
funds
£
-
-
-
-
4,280
500
5,000
1,992
500
-
5,320
-
1,302
1,000
-
-
-
19,894		 Total
2024
£
15,778
4,464
20,242
Total
2024
£
21,536
1,065
253
-
4,280
500
5,000
1,992
500
1,000
5,320
-
1,302
1,000
-
-
-
43,748		 Unrestricted
funds
£
9,473
4,464
13,937
Unrestricted
funds
£
51,384
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
51,384		 Restricted
funds
£
-
-
-
Restricted
funds
£
-
-
-
2,000
-
-
-
-
-
-
-
3,000
2,603
1,000
7,333
4,671
1,140
21,747		 Total
2023
£
9,473
4,464
13,937
Total
2023
£
51,384
-
-
2,000
-
-
-
-
-
-
-
3,000
2,603
1,000
7,333
4,671
1,140
73,131

10

Hope ESOL CIO Notes to the Accounts - continued For the year ended 31 August 2024

4 Expenditure on charitable activities

Unrestricted
funds
Note
£
Staff Costs - salaries
5
40,555
Teacher and staff expenses
381
Educational resources
-
Venue hire
1,329
Creche costs
-
Equipment
-
Administration
1,675
Office rental
4,464
Legal and professional fees
605
Independent examination fees
6
654
49,663		 Restricted
funds
£
17,891
2,141
143
560
-
1,773
303
-
-
-
22,811		 Total
2024
£
58,446
2,522
143
1,889
-
1,773
1,978
4,464
605
654
72,474		 Unrestricted
funds
£
48,074
1,166
-
-
-
-
3,364
4,464
342
654
58,064		 Restricted
funds
£
7,450
92
117
677
700
1,000
303
-
-
-
10,339		 Total
2023
£
55,524
1,258
117
677
700
1,000
3,667
4,464
342
654
68,403

5 Staff Costs

Salaries
Employer's National Insurance
Employer's allowance
Pension costs		 2024
£
58,111
1,033
(1,033)
335
58,446		 2023
£
55,354
873
(873)
170
55,524

No employee received emoluments of more than £60,000. The average number of employees during the period was 9 (2023: 8) - all employees were part time.

6 Fees to independent examiner's organisation

Fee for independent examination 2024
£
654		 2023
£
654

There were no other fees paid to the independent examiner's organisation.

7 Trustees and key management remuneration, benefits and expenses

Two trustees were employed by the charity in the year - see below. No other trustees were paid or received any other benefits from employment with the charity in the year (2023: £nil). No trustees were reimbursed expenses during the year (2023: £nil). No trustees received payment for professional or other services supplied to the charity (2023: £nil).

Two trustees were paid employees during the year, and received the following remuneration:

Two trustees were paid employees during the year, and received the following remuneration:
Katherine Sturdey
Chief Operating Officer
Anna Louise Bollinger
Chief Executive Officer		 2024
£
10,244
6,622

Both trustees were remunerated as employees before becoming trustees, which does not require any additional Charity Commission permission, if allowed by the constitution, which is permitted as long as no more than half of the trustees receive financial benefits. K Sturdey stepped down as a trustee while clarification was sought from the Charity Commission regarding this matter.

The key management personnel of the charity comprise the trustees (including the Chief Executive Officer and the Chief Operating Officer) . The total employee benefits of the key management personnel of the charity were £16,866.

11

Hope ESOL CIO Notes to the Accounts - continued For the year ended 31 August 2024

8 Debtors

Trade debtors
Other debtors
Creditors: amounts falling due within one year
Trade creditors
Other creditors
Accruals
Taxes and social security		 2024
£
245
2,149
2,394
2024
£
615
3,286
654
912
5,467		 2023
£
-
1,498
1,498
2023
£
31
3,177
654
504
4,366

10 Restricted funds

The James Neill Trust Fund
Open Gate Trust
The Brelms Trust
JG Graves Charitable Trust
Sheffield City Council Device Scheme
Church Burgesses Educational Foundation
Magic Little Grants
The Hilden Charitable Fund
Sheffield Town Trust
Digital appeal
The Harry Bottom Charitable Trust
The Mears Foundation
Migrant Help Community Hubs
South Yorkshire Community Foundation
SCC Ward Pot
National Lottery Community Fund
Co-op Customer Donation Fund
Sheffield LAC		 Balance at
01-Sep-23
£
263
653
-
1,380
4,370
-
-
-
1,834
48
855
1,301
-
4,671
1,140
7,333
-
-
23,848		 Income
£		 Expenditure
£
(263)
-
-
(1,192)
(426)
(1,700)
(350)
(4,167)
-
-
-
(2,597)
(1,425)
(4,671)
(1,140)
(4,410)
-
(470)
(22,811)		 Transfers
£
-
(653)
-
(188)
-
-
-
-
(1,834)
(48)
-
(6)
-
-
-
-
-
(30)
(2,759)		 Balance at
31-Aug-24
£
-
-
5,320
-
3,944
2,580
150
833
-
-
855
-
567
-
-
2,923
1,000
-
18,172
-
-
5,320
-
-
4,280
500
5,000
-
-
-
1,302
1,992
-
-
-
1,000
500
19,894

The James Neill Trust Fund Open Gate Trust The Brelms Trust JG Graves Charitable Trust Sheffield City Council Device Scheme Church Burgesses Educational Foundation Magic Little Grants The Hilden Charitable Fund Digital appeal The Harry Bottom Charitable Trust The Mears Foundation Migrant Help Community Hubs South Yorkshire Community Foundation SCC Ward Pot National Lottery Community Fund Co-op Customer Donation Fund Sheffield LAC

IT ESOL Pilot Resource packs and teacher support Volunteer coordinator funding New Arrivals ESOL course 12 week digital skills training programme 13 week digital skills training course Funding for student and teacher resources Funding for English and digital skills classes Digital skills course Digital skills course ESOL Course ESOL Course ESOL Course Staindrop Lodge ESOL course NLCF Digital skills Open ESOL course ESOL and employability class

12

Hope ESOL CIO Notes to the Accounts - continued For the year ended 31 August 2024

10 Restricted funds - continued

Prior year comparison
The James Neill Trust Fund
Open Gate Trust
National Lottery Community Fund
JG Graves Charitable Trust
Sheffield City Council Device Scheme
Sheffield Grammar School Grant
Together For Sheffield
Sheffield Town Trust
Digital appeal
The Harry Bottom Charitable Trust
The Mears Foundation
Co-op Customer Donation Fund
South Yorkshire Community Foundation
SCC Ward Pot
NLCF Digital Skills
11 Net assets by fund
Tangible assets
Current assets
Creditors due within one year		 Unrestricted
funds
£
-
25,570
(5,467)
20,103		 Balance at
01-Sep-22
£
263
770
1,359
-
5,500
2,640
689
1,834
48
-
-
-
-
-
-
13,103
Restricted
funds
£
-
18,172
-
18,172		 Income
£
-
-
-
2,000
-
-
-
-
-
3,000
2,603
1,000
4,671
1,140
7,333
21,747
Total
2024
£
-
43,742
(5,467)
38,275		 Expenditure
£
-
(117)
(696)
(620)
(1,130)
(2,640)
(689)
-
-
(2,145)
(1,302)
(1,000)
-
-
-
(10,339)
Unrestricted
funds
£
-
27,277
(4,366)
22,911		 Transfers
£
-
-
(663)
-
-
-
-
-
-
-
-
-
-
-
-
(663)
Restricted
funds
£
-
23,848
-
23,848		 Balance at
31-Aug-23
£
263
653
-
1,380
4,370
-
-
1,834
48
855
1,301
-
4,671
1,140
7,333
23,848
Total
2023
£
-
51,125
(4,366)
46,759

12 Related party transactions

P Howden and A Bollinger, trustees, are also directors of APPT Online Solutions Limited, a company who provides office space to Hope ESOL CIO. Rental of £4,464 (VAT inclusive) would be charged on the open market, this has been included as a gift in kind donation within the accounts with a corresponding expense.

There have been no other related party transactions during the year other than those in note 7.

13

HOPE ENGLISH SCHOOL CIO REGISTERED CHARITY NUMBER: 1188370 WWW.HOPEENGLISHSCHOOL.ORG