OpenCharities

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

2024-08-31-accounts

Charity Commission

For England & Wales

Charity Name:Reg'd Charity No:HOPE INTO ACTION - EPSOM 1190233 CC16a Receipts and payments accounts Period start Period end For the period date To date from 01/09/2023 31/08/2024

Section A Receipts and payments Section A Receipts and payments Section A Receipts and payments Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the
nearest £		 Restricted
funds
to the
nearest £		 Endowment
funds
to the nearest
£		 Total funds
to the
nearest £
31,717
799
332
438
33,286
-
-
-
33,286		 Last period
to the nearest £
Rental income 31,717 - - 31,717 23,603
Donations 799 - - 799 1,148
GiftAidTax recovery 332 - - 332
PAYE refund 438 - - 438
Sub total(Gross
income for AR)
33,286 33,286 24,751
- -
A2 Asset and
investment sales, (see
**table). **
- -
- -
Sub total - -
Total receipts
A3 Payments
24,751
Interest paid toinvestors 8,900 - - ~~1~~
9,500
6,951
2,175
465
-
8,900
Salaries 6,511 - -
6,511
Counciltax 2,253 - -
2,253
Trustees insurance 456
456
Fixturerenewals 210
210
Generalexpenses 546


-









-









**546 **



,


 213
Shared eventreceipts **157 ** - - -
157
Licence &franchisefees 360 - - **401 **
360
Light, power,heating 50 - - 264
50
Repairs & servicing 111 - - 111 423
Stafftraining - - - 420 420
Telephone &internet 323 - - 323 369
Website hosting &
maintenance		 - - - 200
-
TV license 159 - - 159
159
Subscriptions 299 - - 299 538
Water 728 **728 ** 365
Equipment - - - - -
Sub total 21,063 - 21,063
- 22,443
-
-
-
21,063
12,223
-
30,406
42,629		 -
-
-
-
-
-
-
-		 -
-
-
-
-
-
-
-		 -
-
-
21,063
12,223
-
30,406
42,629
A4 Asset and
investment purchases,
(see table)
- -
- -
Sub total
- -
Total payments
Net of receipts/
(payments)
A5 Transfers between
funds
A6 Cash funds last year
end
Cash funds this year
end
21,063 - - 21,063 22,443
12,223 - 12,223
- 2,308
- - - -
-
30,406 - - 28,098
30,406
42,629 -
- 42,629 30,406

2

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
£
42,629
-
-
42,629
OK
Unrestricted
funds
to nearest £
6,438
-
-
-
-
-
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 6,438 -
-
-
-
-

Signed by one or
two trustees on
behalf of all the		 Signature Print Name Date of
approval
trustees
Neil Dallen Neil Dallen 24.10.24

4

Trustees’ Annual Report 2023-24 Year ended 31[st] August 2024

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, which has been running since then. 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 first two tenants were welcomed into the property in March 2022. A third joined in October 2023 and later in the financial year there was for a while a full occupancy of four tenants. At the end of the year there were 3 tenants in place. The Trustees were delighted

when one tenant obtained employment. 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.

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 £31,717 in rental receipts (2023 - £23,603) for the tenants in occupation. £799 (2023 - £1,148) 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. The Home is regularly inspected and fixtures and fittings are repaired or renewed to a good standard.

Expenses within the year include the annual interest 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 £12,223 (2023- £2,308) was achieved in the year. At

6

the end of the year the Charity held funds of £42,629 (2023 -£30,406) to help cover future costs. The charity also held unspent investors’ funds of £6,438 (2023 - £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 £42,629 (2023: £30,406). 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.

Independent Examination

As the income of the charity exceeds £25,000, the Trustees have undertaken for the accounts to undergo 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 24/10/24

7

Independent examiner’s report on the accounts

HOPE INTO ACTION EPSOM

Report to the trustees HOPE INTO ACTION EPSOM On accounts for the year 31[st] August 2024 Charity no 1190233 ended (if any) Set out on pages 1-7 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/08/2024.

As the charity's trustees, you are responsible for the preparation of the Responsibilities and basis accounts in accordance with the requirements of the Charities Act 2011 of report (“the Act”).

I report in respect of my examination of the Trust’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.

I have completed my examination. I confirm that no material matters have Independent examiner's come to my attention in connection with the examination (other than that statement disclosed below *) which gives me cause to believe that in, any material respect:

I have no 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: Nigel Collin Date: 24/10/2024 Name: Nigel Collin MA FCA Relevant professional Fellow of the Institute of Chartered Accountants in England and Wales qualification(s) or body (if any):

8

Address:[119 Longdown Lane South, Epsom, Surrey KT17 4JL ]

Section B Disclosure

9 Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

None

9