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2023-03-31-accounts

ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

(Charitable Incorporated Organisation)

CHARITY REGISTRATION No: 1189513

Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS

THE HOPE FOUNDATION

(Charitable Incorporated Organisation)

CONTENTS

Page 3 Legal and Administrative Information
Pages 4 to 8 Trustees' Report
Page 9 Statement of Financial Activities
Page 10 Balance Sheet
Pages 11 to 17 Notes to the Financial Statements
Page 18 Independent Examiner's Report

THE HOPE FOUNDATION

(Charitable Incorporated Organisation)

LEGAL AND ADMINISTRATIVE INFORMATION

CHARITY NUMBER 1189513 DATE OF REGISTRATION 15th May 2020 START OF FINANCIAL YEAR 1st April 2022 END OF FINANCIAL YEAR 31st March 2023 TRUSTEES AT 31ST MARCH 2023 Aleksandrs Lipskis Jack Garriock Emma Robertson Maria Robertson Christian Lunt (Resigned 20th January 2023) LEGAL STATUS Charitable Incorporated Organisation GOVERNING INSTRUMENT CIO - Foundation Registered 15th May 2020.

OBJECTS

a) To relieve poverty among the homeless and those at risk of homelessness by providing accommodation, grants and services including advocacy and advice. b) To work collaboratively with other agencies and organisations to assist the individuals supported by the Charity to live independently with the community. c) To advance the Christian Faith by providing group discussion, studies, lectures and outreach in the local community and through the projects of the organisation.

CORRESPONDENCE ADDRESS 20 Scotia Road Old Swan Liverpool L13 6QJ PRIMARY BANKERS NatWest Bank Plc Old Swan 509 Prescot Road Liverpool L13 3BZ INDEPENDENT EXAMINERS Castle View Accounting Ltd New Barn Mudberry Lane Bosham Chichester West Sussex PO18 8TS

3

THE HOPE FOUNDATION

(Charitable Incorporated Organisation)

TRUSTEES' REPORT

FOR THE YEAR ENDED 31ST MARCH 2023

The trustees present their report along with the consolidated financial statements of the charity and all of its projects for the year ended 31 March 2023. The financial statements have been prepared based on the accounting policies written in the charity By-laws and comply with the charity’s constitution. The Hope Foundation is a Charitable Incorporated Organisation (CIO) registered with the Charity Commission under registration number: 1189513.

Mission Statement.

We seek to relieve poverty and provide support to anyone in need. Motivated and driven by faith, we aim to share the love and blessings of God with all people.

Activities

The Hope Foundation exists to help anyone who finds themselves in need of support, however the main operational focus of The Hope Foundation is to combat housing poverty. This is done by offering suitable accommodation to people with housing need, alongside this we provide long term support, training and education when required to enable people to sustain long term tenancies and move on to independent living

The Hope foundation currently runs 5 projects which help assist people in different ways:

Hope Housing: The housing project was set up to provide accommodation, support, and training for our residents, we aim to help move people struggling with housing issues into long-term fully independent living. We currently have 4 flats, offering 6 bed spaces to people in urgent need of support. While with us our residents receive support, advice, training, and education to help them with tenancy maintenance and independent living. Our clients include homeless people, Ex-offenders, Families, and anyone struggling with housing issues. We currently have 1 resident and anticipate growing to 10 bedspaces and full occupancy over the next year.

Refugee Resettlement Project: Through our Refugee Resettlement project, we provide accommodation for families and individuals who have been granted asylum in the UK. We work with them by providing one on one support, befriending, financial support, ESOL classes and community integration. We currently have 4 Refugee properties housing 4 families with a total of 35 tenants including children. All of the families we work with have been living in hostels for at least 1 year. The properties we offer are fully decorated and furnished with everything from bedding to toothbrushes to allow the families a complete fresh start. We anticipate housing 20 families (75+ individuals including single people and children) through this project over the next 5 years.

ACTS 435: In collaboration with our charity partner "ACTS 435" we offer financial support to people in need of practical help. This support can pay for travel expenses, school uniforms, household furniture or anything else that is urgently needed.

Community Hope Project: Reaching out to local people affected by the cost-of-living crisis, we have been able to provide care packages, financial support, and will also be opening up our community centre for a weekly coffee morning to allow locals a safe, warm space to come for advice, support and friendship.

Christmas Meal Project: The Christmas Meal Project aims to reach out to anyone who may find themselves lonely, isolated, or living in poverty over the Christmas period. We provide a three-course meal, live entertainment, gifts, transport and more to all of our guests. We also offer signposting and year-round support to the clients we work with.

In regularly reviewing our projects as we move forward each year, we have regard to both the Charity Commission’s general guidance on public benefit and prevention and relief of poverty for the public benefit. The trustees always ensure that the activities we undertake are in line with our charitable objects and aims. Our ambitious aim is to eradicate poverty in all its forms in the areas where we work.

4

THE HOPE FOUNDATION

(Charitable Incorporated Organisation)

TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 31ST MARCH 2023

How We Work

The Charity delivers its charitable aims in two ways:

As an organisation, we value working with others and building partnerships. Instead of duplicating what is already effective, we aim to identify and address the unmet needs. This way, we can collaborate to offer the best possible support to our service users and to the people in our communities.

Our organisation aims to provide a comprehensive and holistic support to our service users. We recognise that offering accommodation or just practical support is not enough to solve the problem, as there are often more complex needs involved. By offering a package of support, we can help the individuals meet their immediate needs and also help them break the cycles of poverty in their lives and make better choices for the future.

We currently work with landlords, agencies, charities, and councils across the country, who partner with us to work towards our goal of ending homelessness in the UK. As we move forward, we plan to work with even more investors to access additional property, allowing us to help more people struggling with housing poverty.

We believe that everybody has the right to a safe place to call home, and therefore all of our homes will not just meet minimum living standards, but they will be a place that each tenant would be proud to call home.

Voluntary Help and Gifts in Kind

In our third year of operation, we have seen a remarkable growth in giving, especially during our 2022 Christmas appeal, which left our team amazed by the support. The trustees would like to express their heartfelt gratitude to everyone who has helped us achieve our charitable goals and reach out to the most vulnerable in our society. The trustees would also like to acknowledge and thank the Director who has volunteered his time since the charity’s inception. This has been invaluable to the organisation and enabled us to focus our resources on making the biggest impact possible. With a fantastic team of over 30 volunteers, we have moved from strength to strength over the past year.

What we did: Activities, Achievements, Performance

Hope Housing

3 Months into our 3rd year of operation, and 20 months after we put the offer in we finally received the keys to our building in the L6 area of Liverpool. The building comprises of 4 flats (5 Bed spaces) and a ground floor retail unit. Over the past 10 months, through many issues and problems we are coming to the end of the building renovation. This building will house our head office and community centre, as well as offer 4 supported accommodation units for people experiencing housing poverty.

Refugee Resettlement

Over the past year our Refugee Resettlement project has provided accommodation to 4 families who had fled their home country because of war. We have supported them with one-on-one guidance, befriending, financial assistance, ESOL classes and community integration. It is heart-breaking to see that there is so much need, however as an organisation we are privileged to be able to step in the gap and provide some level of support, helping to give these families a safe place to call home.

5

THE HOPE FOUNDATION

(Charitable Incorporated Organisation)

TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 31ST MARCH 2023

ACTS 435

Over the last year as the country has started to recover from the financial strain of Covid we have now started to see people in our local community massively impacted by the cost-of-living crisis. With that in mind the need for Acts435 has continued to grow. As an ongoing project we were able to help around 45 people in the last year with direct financial support. We are privileged to partner with Acts435, a great charitable organisation that helps us make an impact in our community. Thanks to their support, we have been able to help people struggling with finances to pay off debt, buy white goods and furniture, pay for school uniforms, and pay for travel expenses.

Community Hope Support

As we started to move away from the Covid Pandemic and into the cost-of-living crisis we felt the need for a project name change as even though the work we were doing remained the same, the cause of the issues in the local community had shifted. Over the past year we have been able to build a bigger presence and reach out to more people in need. We have also worked on our community centre to ensure that it will be a safe and welcoming place for local people to come receive advice and support.

Christmas Meal Project

The Christmas meal was once again a massive success, working with over 200 guests on Christmas day. With each guest receiving a meal, gifts and support as well as experiencing entertainment, games and live music. Yet again we received messages of support from volunteers, guests, and agencies to say how much of a difference the project made in the lives of so many. Because of the growth of the meal, we were able to secure funding for ongoing support and signposting for our clients throughout the year.

Over the last year we have continued to realise the importance in partnership and collaboration within our community. We intend to continue to grow our contacts and network to learn from each other and work together to provide the best possible support.

Overall, we are extremely proud of the difference we have made this year, we now have over 40 bed spaces and anticipate this to grow significantly over the next year. We are also truly blessed and humbled to be able to work with so many people and make a difference in their lives.

External Factors Affecting Achievement

We have a fantastic team of volunteers who have done an amazing job over the last year to ensure the growth of the organisation, however as we move forward, we have seen the need for full time and part time staff. This is one of our main goals for the upcoming year.

Financial Review

During the year, the net income of the charity was just over £122,000 which is 3.5x more than our previous year, this income included rental income, grant funding from other organisations and grant income to be given out by ACTS 435. Any income that was restricted was used for its intended purposes.

Reserves Policy

The charity by-laws state an amount of £30,000 to be held as charity reserves, however as we are yet to hold this amount in free funds, the reserves are still not at this amount. Last year we estimated that at this point we would be at our minimum reserves level, however due to unforeseen circumstances, rising costs and other external factors we are still working towards this target. Our new estimate is that within the next 12 months we should be at our minimum reserves amount.

6

THE HOPE FOUNDATION

(Charitable Incorporated Organisation)

TRUSTEES' REPORT (Continued) FOR THE YEAR ENDED 31ST MARCH 2023

Objects, Structure, Governance and Management

The Hope Foundation is a local organisation which was established in 2020. Its governing document is a written constitution dated 15th April 2020. It is registered as a Charitable Incorporated Organisation with the charity commission. The constitution defines the charity’s objects as being:

The Charity Commission Registration Number is: 1189513

Trustees and Organisational Structure

The constitution and By-Laws allow for up to 15 trustees, however given the size of the organisation we currently have 4 members serving on the board of trustees. The trustees currently do not have a limit of time they can serve however this will be reviewed each year. Our trustees are unpaid and have not claimed any expenses over the 22/23 financial year

Trustees

Our trustees are responsible for setting the strategy and are responsible in law for the running of The Hope Foundation. Al the trustees have served over the past year.

Director

Our Director is responsible for the day-to-day operation of the charity and manages all ongoing activities.

Risk Management

All significant activities undertaken are subject to a risk review as part of the initial activity assessment and implementation. Major risks are identified and ranked in terms for their potential impact and likelihood.

Principal Office

20 Scotia Road Liverpool L13 6QJ

T: 0151 280 2232 W: www.the-hope-foundation.co.uk

7

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THE HOPE FOUNDATION

(Charitable Incorporated Organisation)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023

Notes
INCOMING RESOURCES
Incoming Resources from Generated Funds
Donations, Grants & Legacies
3a
Charitable Activities
3b
Activities for Generating Funds
3c
Other Incoming Resources
3d
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Costs of Generating Funds
Cost of Charitable Activities
4a
Governance Costs
4b
TOTAL RESOURCES EXPENDED
NET INCOMING (OUTGOING) RESOURCES
Funds Brought Forward
Transfer Between Funds
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2022/23
2021/22
£
£
£
£
18,967
25,141
44,108
24,649
-
4,575
4,575
7,720
66,027
-
66,027
-
4,075
-
4,075
498
89,069
29,716
118,785
32,867
84,725
31,015
115,740
34,898
1,492
-
1,492
3,504
86,217
31,015
117,232
38,402
2,852
(1,299)
1,553
(5,535)
939
-
939
6,474
(1,299)
1,299
-
-
2,492
-
2,492
939

Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing.

The notes on pages 11 to 17 form part of these financial statements.

9

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THE HOPE FOUNDATION

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

1. ACCOUNTING POLICIES

Basis of Preparation & Assessment of Going Concern

Basis of Preparation

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) - (Charities SORP - FRS102) and the Charities Act 2011.

The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.

Assessment of Going Concern

Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.

Incoming Resources

Recognition of Incoming Resources

These are included in the Statement of Financial Activities (SOFA) when:

▪ the charity becomes entitled to the resources;

▪ the trustees are virtually certain they will receive the resources; and

▪ the monetary value can be measured with sufficient reliability

Incoming Resources with Related Expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.

Grants and Donations

Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Tax Reclaims on Donations and Gifts

Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.

Contractual Income and Performance Related Grants

This is only included in the SOFA once the related goods or services has been delivered.

Gifts in Kind

Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.

Donated Services and Facilities

These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.

Volunteer Help

The value of any voluntary help received is not included in the accounts.

Investment Income

This is included in the accounts when receivable.

Investment Gains and Losses

This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

11

THE HOPE FOUNDATION

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2023

1. ACCOUNTING POLICIES (continued)

Expenditure and Liabilities

Liability Recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Governance Costs

Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advice to trustees on governance or constitutional matters.

Grants with Performance Conditions

Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specified service or output.

Grants Payable without Performance Conditions

These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.

Investments

Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.

Unrestricted funds

These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities.

Restricted funds

These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of appeals for special offerings for specific purposes.

Designated funds

These funds are funds set aside by the trustees out of unrestricted general funds for particular purposes or projects.

Fixed Assets

Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt.

Depreciation Expense

Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied are as follows:

Fixtures, Fittings and Equipment

25% - Reducing Balance Basis

2. TANGIBLE FIXED ASSETS

The CIO held no fixed assets during this or the previous financial period.

The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st March 2023 : None

31st March 2022 : None

12

THE HOPE FOUNDATION

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2023

3. INCOMING RESOURCES

Note
a) Donations, Grants & Legacies
Gift Aid Tax
Gifts & Donations
Grants Received
5
b) Charitable Activities
ACTS 435
5
c) Activities for Generating Funds
Rental Income
d) Other Incoming Resources
Refunds
Sundry Income		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2022/23
2021/22
£
£
£
£
850
-
850
-
11,792
-
11,792
3,022
6,325
25,141
31,466
21,627
18,967
25,141
44,108
24,649
-
4,575
4,575
7,720
-
4,575
4,575
7,720
66,027
-
66,027
-
66,027
-
66,027
-
2,544
-
2,544
-
1,531
-
1,531
498
4,075
-
4,075
498

13

THE HOPE FOUNDATION

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2023

4. RESOURCES EXPENDED

a) Cost of Charitable Activities
Activities & Projects
ACTS 435
5
Advertising & Publicity
Bank Charges
Depreciation Expense
Equipment Costs
Gifts & Donations
Hospitality Costs
Insurance Costs
Licenses & Subscriptions
Printing, Postage & Stationery
Rent & Rates
Repairs & Maintenance
5
Staff Expenses
Sundry Expenses
Telephone Costs
Training Costs
Travel & Subsistence
Utility Costs
Volunteers Expenses
`
b) Governance Costs
Independent Examiners Fees
9
Legal & Professional Fees		 Unrestricted
Restricted
TOTAL
TOTAL
Funds
Funds
2022/23
2021/22
£
£
£
£
5,994
-
5,994
5,331
-
5,874
5,874
8,658
50
-
50
173
1,726
-
1,726
4
-
-
-
-
6,759
-
6,759
5,175
914
-
914
356
1,168
-
1,168
1,294
419
-
419
-
1,073
-
1,073
406
324
-
324
217
52,952
-
52,952
-
297
25,141
25,438
7,185
219
-
219
552
2,720
-
2,720
950
623
-
623
39
-
-
-
733
4,721
-
4,721
1,300
1,365
-
1,365
-
3,401
-
3,401
2,525
84,725
31,015
115,740
34,898
750
-
750
600
742
-
742
2,904
1,492
-
1,492
3,504

14

THE HOPE FOUNDATION

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2023

5. RESTRICTED FUNDS

CURRENT FINANCIAL PERIOD

ACTS 435
Green Pastures Fund		 Balance
Balance
01-Apr-22
Income
Expenditure
Transfers
31-Mar-23
£
£
£
£
£
-
4,575
5,874
1,299
-
-
25,141
25,141
-
-
-
29,716
31,015
1,299
-

PREVIOUS FINANCIAL PERIOD

ACTS 435
B&Q Foundation - Renovation Fund
Christmas Meals Fund		 Balance
Balance
01-Apr-21
Income
Expenditure
Transfers
31-Mar-22
£
£
£
£
£
870
7,720
8,658
68
-
5,000
-
5,000
-
-
-
4,316
4,366
50
-
5,870
12,036
18,024
118
-

Restricted funds are wholly represented by the charity's cash reserves and are to be expended as specified above.

15

THE HOPE FOUNDATION

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2023

6. INVESTMENTS

The CIO held no fixed assets investments during this or the previous financial period.

7. CASH AT BANK AND IN HAND

Cash at Bank & in Hand
8. DEBTORS AND PREPAYMENTS
Sundry Debtors		 Unrestricted
Restricted
Total
Total
Fund
Fund
31-Mar-23
31-Mar-22
£
£
£
£
3,242
-
3,242
1,539
3,242
-
3,242
1,539
Unrestricted
Restricted
Total
Total
Fund
Fund
31-Mar-23
31-Mar-22
£
£
£
£
-
-
-
-
-
-
-
-

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Independent Examiners Fees Unrestricted
Restricted
Total
Total
Fund
Fund
31-Mar-23
31-Mar-22
£
£
£
£
750
-
750
600
750
-
750
600

10. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR

The CIO held no long term liabilities during this or the previous financial period.

11. NET ASSETS BETWEEN FUNDS

Fixed Asset Investments
Net Current Assets
Long Term Liabilities		 Unrestricted
Restricted
Total
Total
Funds
Funds
31-Mar-23
31-Mar-22
£
£
£
£
-
-
-
-
2,492
-
2,492
939
-
-
-
-
2,492
-
2,492
939

16

THE HOPE FOUNDATION

(Charitable Incorporated Organisation)

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2023

12. STAFF COSTS AND NUMBERS

The Charity employed no members of staff during this or the previous financial period.

13. TRUSTEES AND OTHER RELATED PARTIES

No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them.

14. RISK ASSESSMENT

The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

15. RESERVES POLICY

The Trustees have considered the level of reserves they wish to retain, appropriate to the CIO's needs. This is based on the CIO's size and the level of financial commitments held. The Trustees aim to ensure the CIO will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.

16. PUBLIC BENEFIT

The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the CIO has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the CIO should undertake

17

THE HOPE FOUNDATION Icharitable In¢orrx)rated Organisationl INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS Report to th8 tru$t9881 nmbws of The Foundatin the ￿4x￿J￿$ for ￿ yèar èndéd 31$1 March 2023 set out on pages 9 10 17. R•spoGtJv• T••pon•lLllSth• of trusl¥vs The charity's trustees are r&s￿$1b￿8 lor the preparalts) ol the ac￿Jnts. The charity'8 Intstees CA)nsider that an audft 15 not requ￿￿ lor thi$ year uTrJgr 8e(#ion 144 of ihe Chari￿5 Act 2011 Ilhe Chan.￿$ Acll and that an independ8nt 8xarninabon is n8eded. is rny responwbilty to.. exami￿ the acctyJnts under stttion 14S ofthè Charthes A follow the prcvdures laid in Ihe Oireciws G4¥en ty th8 Charlty Corythsslon (under ¥gction 14515llbl of the Chariti8s Act. and stalè whether p8rttukgr matlern havè ¢om to nry alt Bails ol Ind•pondent gxarnln•Vs •t•t•m•nt My oxarninalion wa8 carried out in ￿cord￿te ilh ge￿181 Directlons glven ty tha Charrty Cornm￿s1On. An examination includes a reviow of th& a¢couniing r￿ordS kept by the charity a cornp8rlson of ihg a¢￿Unts presented ￿th thos• ords. 11 also includes ¢onsid8raiion of any untssual It0￿ or d¢eh)5ur85 in the accoun16. 8nd Seeklng explanallons from thè InJslee8 coneaming ary such rnatters. Tho prctéduffjs undertaken rt• not Fwvido all tha t¥￿8nce that woukl be requirod in an audlt, and ¢onS￿U•ntty no oplnbn 18 9Nen a8 io whother the accounts pro8onl a 'tru• and fair, wow and Ihe r8FKIrt ' Ilmlted to thosè m8tt8r¥ ¢)Jl In tho 91atemern tdcmf. Ind&pgndgnt •x•mlnrfs stt•rn•nt In connection wilh my exornination. no m8tter has o)me to my t•niion'. whi¢h gi￿ me ro86onabl8 caue8 lo tho1 in ony material r88Frft. the wuirom•nts'. to keep accountirrfJ r￿ordS in acCOrfa￿ with ￿tiOn 130 of the Charities Acl.. and to pr￿￿ accounts whth awrd ith th? acc4Nmt4W f•cL¥ds and CthTWy Ihg aCD)unllng wugrnent$ of the ChÈritie5 Act havts not b8an mat., to whlch, In my ¢¥lnksn. 8tt•ntk)n stthlj bg dra￿ to 8nabl8 a propgr uthjerntsndlng d the accounts to b8 r•gched. K. Collaku MAAT Castle View ACcL￿nIng Lld Bam Mwjberry Lane 8o$ham Chichester W8St Su5S8X P018 8TS Date.. 23r June 2023 18