OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-08-31-accounts

Charity
Commission
For England & Wales		 Charity Name:-
HOPE INTO ACTION - EPSOM		 Charity Name:-
HOPE INTO ACTION - EPSOM		 Charity Name:-
HOPE INTO ACTION - EPSOM		 Charity Name:-
HOPE INTO ACTION - EPSOM		 Charity Name:-
HOPE INTO ACTION - EPSOM		 Charity Name:-
HOPE INTO ACTION - EPSOM		 Reg'd Charity
No:-
1190233		 Reg'd Charity
No:-
1190233		 Reg'd Charity
No:-
1190233		 Reg'd Charity
No:-
1190233		 CC16a
For the period
from		 Period start
date
01/09/2022		 To Period end
date
31/08/2023
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the
nearest £
23,603
1,148
24,751

-
-
-
24,751
 Restricted
funds
to the
nearest £
-
-
-
-
-
-
-		 Endowment
funds
to the nearest
£
-
-
-
-
-
-
-		 Total funds
to the
nearest £
23,603
1,148
24,751
-
-
-
24,751		 Last period
to the nearest £
Rental income 23,603 9,660
Donations 1,148 17,714
Sub total(Gross
income for AR)
24,751 27,374
A2 Asset and
investment sales, (see
**table). **
-
- -
Sub total - -
Total receipts
A3 Payments
27,374
Interest paid toinvestors 9,500 - - ~~1~~
-
1,533
-
-
125
9,500
Salaries **6,951 ** - -
**6,951 **
Counciltax 2,175 - -
2,175
Trustees insurance 465
465
Advertising - - -
-
Generalexpenses 213

-









-









**213 **


,


 1,366
Bankcharges - - - - 7
-
Licence &franchisefees 401 - - 3,375
401
Light, power,heating 264 - - 264 118
Repairs & servicing 423 - - 423 80
Stafftraining 420 - - 420 45
Telephone &internet 369 - - 369 141
Website hosting &
maintenance		 200 - - 200 200
TV license 159 - - -
159
Subscriptions 538 - - 538 -
Water 365 **365 ** -
Equipment - - - - 1,623
Sub total 22,443 - 22,443
- 8,599
A4 Asset and A4 Asset and
investment purchases,
(see table)
-
- - - -
- - - - -
Sub total
- - - - -
Total payments 22,443 - - 22,443 8,599
Net of receipts/
(payments) 2,308 - - 2,308 18,775
A5 Transfers between
funds - - - - -
A6 Cash funds last year
end 28,098 - - 28,098 9,323
Cash funds this year
end 30,406 - - 30,406 28,098

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Section B Statement of assets and liabilities at the end of the period

Categories
B1 Cash funds
B2 Other monetary
assets
B3 Investment
assets
B4 Assets retained
for the charity’s
own use		 Details
Metro Bank account
Total cash funds
(agree balances with receipts
and payments account(s))
Details
Investors' cash held - Metro
Bank
Details
Details		 Unrestricted
funds
to nearest
£
30,406
-
-
30,406
OK
Unrestricted
funds
to nearest £
8,430
-
-
-
-
-
Fund to
which
asset
belongs
Fund to
which
asset
belongs
 Restricted
funds
to nearest
£
-
-
-
-
OK
Restricted
funds
to nearest £
-
-
-
-
-
-
Cost
(optional)
-
-
-
-
-
Cost
(optional)
-
-
-		 Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current
value
(optional)
-
-
-
-
-
Current
value
(optional)
- -
- -
- -

3

- -
- -
- -
- -
- -
- -
Fund to Amount When due
which due (optional)
liability (optional)
Details relates
B5 Liabilities Investors' monies 8,430 -
-
-
-
-

Signed by one or
two trustees on
behalf of all the		 Signature Print Name Date of
approval
trustees
Neil Dallen Neil Dallen 10.10.23

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Trustees’ Annual Report 2022-23 Year ended 31[st] August 2023

Hope into Action – Epsom

Hope into Action – Epsom is a Charitable Incorporated Organisation (CIO) Registered charity number 1190233

Registered Address: Epsom Methodist Church, 11-13 Ashley Road, Epsom, Surrey, KT18 5AQ

Our aim is to partner with local churches to provide accommodation and ongoing support for homeless and vulnerably housed individuals, empowering them to take positive steps towards a brighter and more stable future.

Trustees

The Trustees during the year were:

Trustees are elected at our Annual General Meeting and typically serve for a term of three years. All Trustees give of their time freely and no Trustee remuneration was paid in the year, or in prior years.

Governance

Hope into Action – Epsom operates as a franchise of ‘Hope into Action’ (charity no. 1137686). The charity is led by a Management Team, comprising, in addition to the Trustees:

This team has been drawn from local churches – reflecting the ecumenical nature of the charity – and offers a valuable and broad range of expertise, experience and perspective. The Management Team meets monthly in respect to all aspects of the charity’s activities.

Review of the year

The first property in Epsom was purchased In May 2021. This property is owned by a consortium of twelve investors and, for a term of five years and subject to an annual return of up to 2%, is leased to Hope into Action – Epsom to be used as a home for up to four local homeless and vulnerably-housed single men. Repairs and maintenance of the property are undertaken as required.

Epsom Methodist Church (EMC) is the Partner Church for this first home and offers ongoing support through prayer, financial giving and in other practical ways. Neil Dallen, a member of EMC, is Chair of the Trustees and the EMC nominated representative.

The Trustees were delighted to welcome the first two tenants into the property in March 2022. Full occupancy was achieved for a while but there have since been some changes in tenants and there are currently two tenants in occupation. To make contact with potential

new tenants we are in contact with local referral agencies such as the local Council and ESOS (East Surrey Outreach Service). When a referral is passed on an assessment is completed of each person’s suitability for the home.

The charity is supported by a Friendship and Support Team drawn from local churches, some of whom help with the running of the home in practical ways (for example, gardening) and others who will offer personal ongoing support to the tenants. They have all received training from Hope into Action and DBS checks have been pursued as required. Our Friendship and Support Team is overseen by Peter Rice.

Robin Calcutt has been our Empowerment Worker during the year after his appointment in September 2022. This is an employed position of 10 hours per week. For Empowerment Workers training is provided and safeguarding and DBS checks are pursued. Empowerment Workers are line-managed by Neil Dallen, and are partly office-based at Epsom Methodist Church.

Tenants will stay at the property for up to two years and the aim is during that time (through support given by the Empowerment Worker and the Friendship and Support Team) for them to grow in confidence and in their sense of wellbeing. It is our aim for them to take positive steps towards a brighter and more stable future, including giving thought to their own hopes and aspirations and setting goals for themselves (such as undertaking training/education, seeking employment, or processing – with support – any relevant personal issues and struggles).

We continue to raise awareness of the issue of homelessness locally and the work of Hope into Action – Epsom, through coffee mornings, visits to local churches, and speaking engagements.

There are long term plans to take steps towards the opening of a second home. The experience being gained from our first home is proving to be invaluable.

The Trustees and management team are in regular contact with Hope into Action, the franchisor, for support and guidance.

Financial Review

Please see the attached Receipts and Payments Accounts which constitutes part of this Annual Report.

During the year the Charity received £23,603 in rental receipts (2022 - £9,660) for the tenants in occupation. £1,148 (2022 - £17,714) in donations were received to help support the operations of the Charity. The Home is owned by the investors and does not form part of the finances of the Charity.

The Trustees and Management Committee use the funds to support the fitting out of the home and the provision of support services to the residents within the home, and to cover the administration costs of Hope into Action – Epsom.

Expenses within the year include the annual return of 2% payable to the investors, operating licence fees, Council Tax, salary of the Empowerment Worker, website fees, telephone and light & heat, Trustees’ insurance, and general upkeep of the property . A surplus of receipts over payments of £2,308 (2022- £18,775) was achieved in the year. At the end of the year the Charity held funds of £30,406 (2022 -£28,098) to help cover future

6

costs. The charity also held unspent investors’ funds of £8,430 (2022 - £8,430) at the end of the year. Investors’ funds are available for future refurbishments and also insurance of the property.

All funds are held in a Bank account with Metro Bank in Epsom.

The Charity stands in a strong financial position for the year ahead to continue providing a secure home for its tenants.

Reserves policy

The Charity currently has unrestricted reserve funds of £30,406 (2022: £29,721). The unrestricted reserves are considered to be sufficient for the short term. The charity aims to keep between three and six months’ core running costs in reserves at all times. This is to ensure the Charity is able to meet all of its legal obligations should all funding be withdrawn.

Exemption from audit

The trustees have taken advantage of the exemptions available to small charities, including the audit exemption. In accordance with the Charity Commission’s guidelines, Trustees must arrange for an independent person or accountancy firm to carry out either an independent examination of the charity’s accounts in cases where a charity’s annual income is in excess of £25,000 but less than £1 million. As the income of the charity did not exceed £25,000, the Trustees have taken the opportunity of not requiring an independent examination.

Risk management

The Trustees have considered the major risks to which the Charity is exposed and have reviewed those risks and established procedures to manage those risks. Guidance from the Charity Commission is followed. The Trustees consider the variability of contributions, as well as the dependency on a number of volunteer workers and churches, to constitute the Charity’s major risks. A comprehensive list of policies, supplied by the franchisor, covering all risks to which the charity might be exposed e.g. fire safety, confidentiality, Data Protection, safeguarding, hygiene etc., has been put in place and these policies are regularly checked for adherence.

Going concern

The Charity’s activities, together with the factors likely to affect its future development, its financial position and its exposures to liquidity and cash flow risk are described in this Trustees’ Report. The Charity has sufficient financial resources and reserves to fund its activities for the foreseeable future. As a consequence, the Trustees believe that the Charity is well placed to manage its business risks successfully and will have sufficient time to adjust its activities in line with any change in contributions. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.

Public Benefit

The trustees have complied with the duty in the Charities Act 2011, to have due regard to guidance published by the Charity Commission on public benefit.

Neil Dallen

............................................................ Neil Dallen Chair of the Trustees 10/10/23

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