REGISTERED CHARITY NUMBER: 1191406 REGISTERED COMPANY NUMBER: CE023522
Hope and Future Worldwide (Charitable Incorporated Organisation)
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MAY 2024
Hope and Future Worldwide
| Contents | Page |
|---|---|
| Legal and administrative information | 2 |
| Trustees’ Report |
3 |
| Accountant’s Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7-15 |
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Hope and Future Worldwide
Legal and administrative information
Trustees
Gulay Yilmaz
Dilara Kuru
Rustem Kavaklik
Kezban Alan
Company Number: CE023522
Charity Number: 1191406
Registered Office address
7 Marshe Close
Potters Bar
EN6 5NR
Accountants
AA Accountancy Services
244 Chase Road
London
N14 6HH
2
Hope and Future Worldwide Annual Report 2023-2024
About Us
As it is known, anger, rage and violence are increasing uncontrollably every passing day.
Unfortunately, women and children are the ones who suffer the most from this.
Violence goes down to childhood. Our association, which was established by focusing on the solution of this problem, has started its studies with supportive education for 9-12 age groups and parents in well-established educational institutions and has achieved very successful results.
The aim of my program of growing up with awareness and raising children with awareness is to prepare a peaceful future far from all kinds of violence by replacing negative emotions with positive emotions. Because children are our hope and future.
The return of our project, which we have prepared by working with psychologists, child development specialists and experienced teachers for a long time, is positive and successful.
Our vision is to reach more children and parents in the future and plant the seeds of goodness for a peaceful future without violence.
Gulay Yilmaz,
Chair
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Hope and Future Worldwide
INDEPENDENT EXAMINER'S REPORT TO TRUSTEES OF HOPE AND FUTURE WORLDWIDE
I report on the accounts of the charity for the period ended 31 May 2024 which are set out on pages 7 to 15
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment Act 2005 and the Charities Accounts Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In the course of my examination, no matter has come to my attention other than disclosed below.
1.which gives me reasonable cause to believe that in any material respect the requirements:
•to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations
•to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations have not been met, or
2.to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached .
AA Accountancy Services
Chartered Certified Accountant
244 Chase Road, London, N14 6HH
Date: 04/03/2025
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HOPE AND FUTURE WORLDWIDE STATEMENT OF FINANCIAL ACTIVITIES
(Incorporating income and expenditure account) FOR THE YEAR ENDED 31 MAY 2024
| Unristricted Notes Funds INCOME AND EXPENDITURES £ INCOMING RESOURCES Incoming resources from generated funds: Charitable income 2 0 Activities for generating funds 3 0 Investment income 4 0 Incoming resources from charitable activities 5 0 Other incoming resources 6 0 TOTAL INCOMING RESOURCES 0 RESOURCES EXPENDED charitable Activities 7 6035 Governance Costs 8 215 Other resources expended 9 0 TOTAL RESOURCES EXPENDED 11 6250 NET INCOMING/(OUTGOING) RESOURCES before transfers 21 -6250 Transfersbetween funds - NET MOVEMENT IN FUNDS FOR THE YEAR -6250 Total Funds at 1 June 2023 20 Prior Year Adjustment (Note 19) 0 Total Funds at 31 May 2024 -6230 ===== |
Restricted Funds £ 7000 0 0 0 - 7000 0 0 0 0 7000 - 7000 0 7000 ===== |
2024 Total £ 7,000 0 0 0 0 7000 6035 215 0 6250 750 - 750 20 0 770 ===== |
2023 Total £ 1,750 0 0 0 0 |
|---|---|---|---|
| 1750 | |||
| 1730 0 0 |
|||
| 1730 | |||
| 20 - |
|||
| 20 0 0 |
|||
| 20 ===== |
The notes on pages 12 to 22 form part of these accounts.
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HOPE AND FUTURE WORLDWIDE
BALANCE SHEET AS AT 31 MAY 2024
| Notes 2024 ₤ 15 0 0 Debtors 16 0 14270 14270 17 (13500) 770 18 0 770 ===== 20 7000 20 -6230 770 ===== Unrestricted funds CREDITORS:Amounts falling due within one year Total assets less current liabilities Net current assets / (liabilities) CREDITORS:Amounts falling due more than one year FIXED ASSETS Tangible assets CURRENT ASSETS Cash at bank and in hand Restricted funds CHARITY FUNDS |
2023 ₤ 0 |
|---|---|
| 0 0 20 |
|
| 20 | |
| 20 0 |
|
| 20 ===== 0 20 |
|
| 20 ===== |
The notes on pages 16 to 24 from part of these accounts. Approved by the Board of Trustees on 3 March 2025 and signed on its behalf by Gulay YILMAZ, Chair.
Gulay YILMAZ Chairman
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HOPE AND FUTURE WORLDWIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
1. ACCOUNTING POLICIES
1.1 Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), 'Accounting and Reporting by Charities' published in March 2005 and applicable accounting standards.
1.2 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
1.3 Incoming resources
All incoming resources are included in the Statement of financial activities when the charity has entitlement to the funds, certainty of receipt and the amount can be measured with sufficient reliability.
Donated services or facilities, which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable No income is recognised where there is no financial cost borne by a third party.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable
1.4 Resources expended
Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.
Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled, Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
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HOPE AND FUTURE WORLDWIDE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
1. ACCOUNTING POLICIES (continued)
1.5 Tangible fixed assets and depreciation
All assets costing more than £ 500 are capitalised.
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures and fittings 25% reducing balance
1.6 Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date.
Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.
Exchange gains and losses are recognised in the Statement of financial activities.
1.7 Programme related investment
Programme related investments are stated at the cost of investment.
| 2. VOLUNTARY INCOME Donations Grants Voluntary Income 3. TRADING ACTIVITIES Charity trading income Charity trading income-Domestic Net income from trading activities |
Unristricted Funds £ 0 Unristricted Funds £ 0 0 |
Restricted Funds £ 7000 7000 Restricted Funds £ - 0 |
2024 Total £ 0 7000 7000 2024 Total £ 0 0 |
2023 Total £ 1750 |
|---|---|---|---|---|
| 1750 | ||||
| 2023 Total £ 0 |
||||
| 0 |
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HOPE AND FUTURE WORLDWIDE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
| 4. INVESTMENT INCOME Unristricted Funds £ Rental Income 0 5. INCOMING RESOURCES FROM CHARITABLE Unristricted Funds £ Charitable Activities 6. OTHER INCOMING RESOURCES Unristricted Funds £ Other incoming resources 0 7. EXPENDITURE BY CHARITABLE ACTIVITY SUMMARY BY FUND TYPE Unristricted Funds £ Investment Income 0 Charitable Activities 6035 6035 SUMMARY BY EXPENDITURE TYPE Staff Costs £ Investment Income Charitable Activities 0 0 |
Restricted 2024 Funds Total £ £ 0 0 ACTIVITIES Restricted 2024 Funds Total £ £ 0 Restricted 2024 Funds Total £ £ 0 0 Restricted 2024 Funds Total £ £ 0 0 0 6035 0 6035 Other 2024 Costs Total £ £ 0 6035 6035 6035 6035 |
2023 Total £ 0 |
|---|---|---|
| 2023 Total £ |
||
| 2023 Total £ |
||
| 0 | ||
| 2023 Total £ 0 1730 |
||
| 1730 | ||
| 2023 Total £ 0 1730 |
||
| 1730 |
9
HOPE AND FUTURE WORLDWIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
| 8. GOVERNANCE COSTS Unrestricted Funds £ Governance- Accountants fees Governance - Premises costs for head office Governance - telephone 0 Governance expense - computer expenses 215 Governance expense - wages and salaries 0 Governance expense - NI 0 Governance - depreciation - tangible fixed assets 0 215 ==== 9. OTHER RESOURCES EXPENDED Unrestricted Funds £ Loss((profit) on disposal of fixed asset 0 ==== 10. DIRECT COSTS Basis of Unrestricted All Charitable activities Allocation Funds £ Charitable Contributions Direct 0 Fundraising Direct 0 Cleaning Direct 0 Staff training and welfare Direct 0 Premises Direct Consultancy fees Direct 3600 Equipemnt expensed Direct Professional fees Direct 0 Printing, Postage and Stationary Direct 0 Motor expenses Direct 0 Meeting expenses Direct Telephone and internet Direct 0 Travel and substance Direct Stationary and printing Direct Bank Charges Direct 0 Credit Card Charges Direct 0 Subscriptions Direct 0 Marketing Direct 500 Paypal/stripe fees Direct 0 Software Direct 1935 Wages and salaries Direct 0 Pension Direct 0 Subcontractor cost Direct 0 6035 ==== |
Unrestricted Funds £ 0 215 0 0 0 |
Restricted Funds £ 0 ==== Restricted Funds £ 0 ==== Restricted Funds £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ==== |
2024 Total £ 0 0 0 215 0 0 0 |
2023 Total £ 0 0 0 0 0 0 0 |
|---|---|---|---|---|
| 215 ==== Unrestricted Funds £ |
215 ==== 2024 Total £ |
0 ==== 2023 Total £ |
||
| 0 ==== 2024 Total £ 0 0 0 0 0 3600 0 0 0 0 0 0 0 0 0 0 0 500 - 1935 0 0 0 |
0 ==== 2023 Total £ 1530 200 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
|||
| 6035 ==== |
6035 ==== |
1730 ==== |
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HOPE AND FUTURE WORLDWIDE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
11. ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE
| Staff Costs Depreciation Other Costs 2024 £ £ £ £ Investment Income 0 0 0 0 Charitable Activities 0 0 6035 6035 Charitable activities 0 0 6035 6035 Governance 0 0 215 215 Loss on disposal of fixed assets 0 0 0 0 0 0 6250 6250 12. ANALYSIS OF RESOURCES EXPENDED BY ACTIVITIES Activities undertaken Total Directly Support Costs 2024 £ £ £ Investment Income 0 0 0 Charitable Activities 0 215 215 Total 0 215 215 13. NET INCOMING RESOURCES This is stated after charging: 2024 2023 £ £ Depreciation of tangible fixed assets: owned by charity 0 0 Auditor's remuneration 0 0 Governance Accountant fees 0 0 |
2024 £ 0 6035 |
2023 £ 0 1730 |
|---|---|---|
| 6035 | 1730 | |
| 215 0 |
0 0 |
|
| 6250 | 1730 | |
| Total 2023 £ 0 0 |
||
| 215 | 0 | |
| 2023 £ 0 0 0 |
During the year, no Trustees received any remuneration (2020 -£NIL). During the year, no Trustees received any benefits in kind (2020 -£NIL).
During the year, no Trustees received any reimbursement of expenses (2020 -£NIL).
14. STAFF COSTS
Staff costs were as follows:
| Wages and salaries Social security costs The average monthly number of employees during the year was as follows: |
2024 £ 0 0 0 2024 No. |
2023 £ 0 0 |
|---|---|---|
| 0 | ||
| 2023 No. 10 |
No employee received remuneration amounting to more than £60,000 in either year.
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HOPE AND FUTURE WORLDWIDE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
15. TANGIBLE FIXED ASSETS
| 15. TANGIBLE FIXED ASSETS | |
|---|---|
| Cost At 01.06.2023 Additions At 31.05.24 Depreciation At 01.06.2023 charge for period At 31.5.24 Net book values At 31.05.24 At 31.05.23 |
TOTAL £ 0 0 |
| 0 | |
| 0 0 |
|
| 0 | |
| 0 | |
| 0 |
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HOPE AND FUTURE WORLDWIDE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
16. DEBTORS
| EBTORS | ||||
|---|---|---|---|---|
| 2024 | 2023 | |||
| £ | £ | |||
| Due after more than one year | ||||
| Other Debtors | 0 | 0 | ||
| Due within one year | ||||
| Trade debtors | 0 | 0 | ||
| Other debtors | 0 | 0 | ||
| 0 | 0 |
17. CREDITORS: Amount falling due within one year
| 2024 £ Bank loans and Overdraft 0 Trade creditors Other taxation and social security 0 Other creditors 13500 Accruals and deferred income 0 13500 |
2023 £ 0 0 0 0 0 |
|---|---|
| 0 |
18. CREDITORS: Amount falling due after one year
| Bank loans Other creditors |
2024 £ 0 0 0 |
2023 £ 0 0 |
|---|---|---|
| 0 |
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HOPE AND FUTURE WORLDWIDE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
19. PRIOR YEAR ADJUSTMENT
There is no prior year adjsutment this year
20. STATEMENT OF FUNDS
| Designated Funds General Funds General Funds-all funds Total Unrestricted funds Restricted funds Restricted funds-all funds Total of funds SUMMARY OF FUNDS General Funds Restricted funds |
Brought Forward £ 20 20 0 20 Restated Brought Forward £ 20 0 20 |
Incoming Resources £ 0 0 7000 7000 Incoming Resources £ 0 7000 7000 |
Resources Expended £ (6250) (6250) (6250) Resources Expended £ (6250) (6250) |
Transfers In/Out £ 0 |
Carried Forward £ -6230 |
|---|---|---|---|---|---|
| 0 | -6230 | ||||
| 0 | 7000 | ||||
| 0 | 770 | ||||
| Transfers In/Out £ 0 0 |
Carried Forward £ -6230 7000 |
||||
| 0 | 770 |
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HOPE AND FUTURE WORLDWIDE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024
22. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Tangible fixed assets Debtors due after more than 1 year Current assets Creditors due within one year Creditors due in more than one year |
Unrestricted Restricted Total Total Funds Funds 2024 2023 £ £ £ £ 0 0 0 0 0 0 0 0 14270 0 14270 20 (13500) 0 (13500) 0 0 0 0 |
|---|---|
| 0 770 20 |
23. RELATED PARTY TRANSACTIONS
There was not any related party transaction with any of the trustees this year and last year.
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