New Hope North East uii) VAI Vill , Ile P.,ftl NEW HOPE NORTHEAST CHARITABLE INCORPORATED ORGANISATION (CIO) Financial Statements for Year E_nding 31 May 2025 REGISTRATION CHARITY NUMBER 1189962 COVER PAGE
NEW HOPE NORTHEAST CHARITABLE incorporated organi5ation ICIOI Table of Contents Trustees Report. Independent Examiners Report.....................................................................-........................ Statement of Financial Actiwties Account....................................................................... Statement of Financial Position. Notes to Accounts........................-.............-..-..............-.-......-.......-..............................................8-11
NEW HOPE NORTHEAST CHARITABLE incorporated organisation ICIOI TRUSTEES REPORT YEAR ENDED 31ST MAY 2025 Th8 trustees prosenttheir report and unaudttedfinancial ststem8nts of the charttsble company forthe yearended 31 May 2025. The flnanctal ststements have been prepared in accordance with the a¢counltng policies set out in the notes to the accountsand comply with the charity's goveming documents, the Charities Act 2011 and Accounting and Reporting by Charities.. statement of Recommended Prnctice applicable to charities preparing thelr accounts in accordan with Financial Reporting Standard applicable in the UK and Rèpublicof Ireland published in October 2019. The Charity is a non<ompany charity which had an income of £250,000 or less in Ihe reporting period Trustees of the Charlty The directors of the charitable organ isation are its trustees for the puwses of charity law. Details of the trustees whohave seNed during theyear and sincelhe year end can be found on page 4 Prfncl al actSvities The promotion of socÉal indus#)n among disabled people from BAME commu nities in the Northeast of England who are socially excluded from society, or parts of society, as a result of their disability and assisting th6m to integrate into society. Aims and Objectives New Hope Northeast aims to provide: education, tnfotmation, and oppOnItieS desÉgned to support and enable disabled people to maximise their potential. public awareness of the issues affecting disabled people. both generally and in relation tr) Iheir social exclusion. support groups. forums, advice, advocacy and general support for disabled people and their familieslcarers. recreational and leisure time adivities for disabled people. their familieslcarers. provided in the interest of social wèlfare with the object of improving their conditions of life and developing their skills, capacities, and capabilities. Flnanclal Review The balance atthe beginning of the yearwas £54,929 of which £30.929 wa8 restricted funds. Total income during the yearending 31 May 2025, was £95,618 {2024 £73,080) of which £78,223 was restricted. Total expendiknre was £93,321 (2024 £69,770)
NEW HOPE NORTHEAST CHARtTABLE incorporated organisation ICIO} Structure, Govemance and Management New Hope Northeast is a Charitable organ i&glion incorporated and registered with the Charities Commission on 16th June 2020 with charity number 1189962. Governlng Document The organisation is a charitable company limited by guarantee, govemed by its Memorandum and Articles of Association dated 16th Ju ne 2020. and was registered with the Charitycommission from 161h June2020. In the eventof the company being wound up, members are required to contribute an amount notexceeding £10. Appoinlment of Trustees New trustees are appointed on the recommendation of existing trusteeslmembers. There is a required minimum of three tsustees but no maximum number: TrL¢Stees whose tu m it is to retire each year will be automatically re-elected unless they orthe remaining trustees decide olherwise. Trustees, Induction and Training Trustees are already familiar with the work of the charity. Naw trustees are provid with Charity Commission guidancefor new trustees, along with financeand process documentation. and minutes of previous trustees. meetings. They are also given introduction to the WOTk of Ihe charity and Iheir responsibilities. Trustees are encouraged to attend appropriate intemallextemal training events to facilitate the undertaking of Iheirrol8s and to keep up to date with legislative change& Going Concem The firFancial statements have been prepared on a going concem basis as the trustees believe that no material un¢ertainties exist. The Trustees have reasonable expectation thatthe Charity has adequate resources to continue in operational exlstence for the foreseeable future. Reserves pollcy The charity retains reserves of at least 3 months expenditure to ensure that it has fu nds to complete its committed operations for the period. The charity had reseNes of £39,818 at the end of Ihe pertod.
NEW HOPE NORTHEAST CHARITABLE incorporated orEanisation ICIO} Organlsatlon REFERENCE AND ADMINISTRATNE DETAILS Charity name: Charity Registration nu mber. TRUSTEES: New Hope North East 1189962 John Alan Braithwaite Preddie Bononge Geua Atkinson Queen Neshava Edson Zimuto Doreen Chance Registered Office: CIO Ocean Road Community Centre (kean road Soulh Shield Tyne and Wear NE33 2DW Independent examiner. Akondaawo John Kumpalume AFA MIPA AJK Ac(x)unting SeNices Ltd 6 Coatham Road stockton on Tees TS19 8QY This report has been prepared in accordance with the special provision5 of Charities Act. Approval The trustees, annual r8portwas approved on......... and signad on behalf of the board of trustees by 26J.3J.202 John Alan Braithwaite (Chair of Trustees)
NEW HOPE NORTHEAST CHARITABLE incorporated organisation ICIOI Independent examinerfs reportto the trustees of New Hope North East I report to the trustees on my examination of the accounts of New Hope North East forthe year anded 31 May 2025. Responslbilltles and basls of report As the charity Irustees, you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 ('the Act.). I report In respect of my examinallon of the Charttes's accounts caffied out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directionsgiven by Ihe Charity Commission undersection 14515)(b) of theAct. Independent examinevs statement I have completed my examination. I confirm that no material matters have com8 to my attention in connection wilh the examination giving me cause to believe that in any material respect: accounting records were notkept in respect of the Trust as r6quired by section 130 of the ACL" or 2. the accounts do not accord with Ihose records. I have no GonmS and have come across no other mattets in ¢on"nedion with the examination to which attention should be drawn in this report in orderto enable a proper understanding of the accounts to be reach8d. Akondaawo John Kumpalume, AFA MIPA AJK Accounting Services Ltd 6 Coatham Road Stockton on Tees TS19 8QY Dat8.. 23 February 2026
NEW HOPE NORTHEAST CHARITABLE incorporated organisation ICIOI STATEMENfoF FINAfKL4LACTNmES FOR ThEYEAR ENDED31MAY2Q25 2025 2025 2024 Untestricted Restiicled Totslfunds TotslfuTrJs Notes INCOME Doriationsand Grallts 17,046 77,723 94,769 73,080 1 Otherlncome 500 Totsllncome I1, 78223 95,618 Td,080 EXPENSES Charitable expelldituies 20,623 71 93,321 69,770 Totsleynthtuies 20,623 71698 93,321 69,770 NetlficoMellExpendituiel 3,228 5,525 2,7J7 3,310 Transfer Betweenftinds 3,228 3,228 Balance Broughtforwaid 25,424 29,5 54,930 51619 BalaKe calltedfoNard 25A24 31803 57226
NEW HOPE NORTHEAST CHARITABLE incorporated organisation ICIOI STATEMENT OF FINANCIAL POSITION AS AT 31 MAY 2025 Fixed Assets 2024 Office Equipment Depreciation 3,200 1,781 1,419 3,2(h) 1,530 L670 Current assets Cash atbank 57,226 46,nl Current Liabilities Qeditors 750 56,476 Net Assets 47,556 Charity Funds 47,556 Approved by the Trustees on .. IL.1312026 John Alan Braithwaits (Chair of Trustees)
NEW HOPE NORTHEAST CHARITABLE incorporated organisation ICIOI Note$ to the Flnanclal Statements Year Ended 31 May 2025 1- Grants received: Total grants received during the year 2- Other Income: Fund raised, and Donations received for unrestrtcted Pufposes Policies The following accounting policies have been used wnsistenlly with items which are considered material to the Chartty's affairs A¢¢ounling convention The financial statements are prepared on a cash basis. The financial statements comply with the Charities Acts
NEW HOPE NORTHEAST CHARITABLE incorporated organisation ICIOI Dirnct Charitable Expenditure 2025 2025 2025 2024 Unrestricted Restricted Total funds fvnds funds Total funds Arts and Crafts Matsrials Cooking and Baking Activities Children and Y¢)ung PeoplelGardening Children & Young People Arts & Crdfts Children's pare5 Family trips Parents fonjmn Jubilee Cerebrations Kings Coronation Subscriptions (TV, SKY etcl Insurdnce Office rent and rwm hire Cleaning Office expenses Professional fees Session workers Publicity Volunteer and Travel exp Salaries Depreciation 705 441 1,146 778 1,058 2,047 2,878 1,784 356 296 2,781 3,215 4,393 422 1,110 3,121 4,3 4,970 950 1,085 577 950 3,617 11,102 8,256 1,519 682 5,561 176 1,571 12,137 150 1,607 887 7,198 1,757 7,198 396 396 1,430 344 1,774 5,822 240 839 4,865 838 2,412 45,371 251 10,687 1,078 3,251 45,371 251 1,548 419 13,885 1,530 Total expense5 20,623 72,698 93,321 69,770
NEW HOPE NORTHEAST CHARITABLE incorporated organisation ICIOI Grants Recelvod At At 0110612024 Income Expenditure 3110512025 Barbour Foundation 2,000 2,000 500 Terence and Diana 500 Meicers 19,745 19,745 Rothley Trust Rise North East 192 750 942 420 1,050 1,470 BallingerTrust Sue King Jenny Old Sirjames Knott 16,267 15,000 100 18,372 12,895 100 671 671 10,018 1,609 4,378 Inclusion North Community National Lottery- Reaching Communities National Lottery- Community Fulld The Mayors fund Police Clime and Commissioner 1,609 36,729 6,603 5,678 20,950 43,332 19,950 9,900 6,678 9,900 1,000 1,000 1,500 Inspire South Tyne side NHNE lunoiaised 1,500 365 365 Totsls 54,929 93,821 57226 io
NEW HOPE NORTHEAST CHARITABLE incorporated organisation ICIOI Basls of Accountln The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporbng Standard forsmaller Entities (effective January 2015} Incom8 The income shown in the Statement of Financial Actyvities account represents the grants and donations received du ring the year and blforward figu re from year 202412025 accounts. Fixed assots Fixed assets are stated ai cost less accumulated deFJreciation. reclatlon Depreciation is calculated to write off the cost or valuation of an asse( less its residual value, overthe useful economic life of the asset as follows.. Office Equipment 150 Accounts ables Accounts payables are recogn ised where the charity has a present obligation resulting from a past event Ihat will probably result in the transfer of fu nds to a th ird party. The amount due to setde the obligation can be measured or estimated reliably. li