HOUSE OF HOlE (CHARrrABLE INCORPORATED ORGANISATION) REPORT AND FANCIAL STATEMENTS FOR THE YL4R ENDED 31 JULY 2025 CHARtTY ComsSIoN REGisfKATION No. 1193789
HOUSE OF HO[E INDEX TO FINANCIAL STATEMETrTrs FOR THE YEAR ENDED 31 JULY 2025 Page No. Trustees, Annual Rep)rt Independent EXniner'S Rqx)rt Statetnent of Financial A&ivities (including tncome and Expenditure AOunt) Balan¢¢ She¢t 7-12 Notes to the Financial Statements
HOUSE OF HOlE TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 JULY 2025 The Tntee$ present their rep)rt and financial ststemenis of the charity for the year ended 31 July 2025. The Trustres have adopted the provisions of the Stai¢m¢nt of Recommended Pra¢ti¢e {SORP) -Accounting and Rewirting by Charities" (FRS 102) in preparing the atmual report and financial statements of the charity. The fanCIal statements have been prepared in accordance with the accounting wlicie5 set out in notes to the ccounts and comply wtth the Chartty's Constitution. the Charities Act 2011 and Accounting and Reporting by Charili¢s: Statement of R¢¢omm¢n(kd Pwtice applicable to clwities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of [land published in (klober 2019. Objedives andActivtiies The Charity's Objects are to raise funds through the sale of second-hand Ixy)ks for two Purposes.. firstly to support human behaviour towards animals which are in ne$ of ca and attention by trasons of sicknes maltr¢ath]¢nL poor Circumslances by dOning funds to organisations providing c8r¢. protection. medi1 treaknent and security to animals. and secondly. to PTomote the advancement of literacy by supporting literacy projects by specialist organisations. In shaping the objectives for the perityj and planning the charity's activities, the trustees Yeferred to the guidance ¢ontained in the Charity Commission's generdl guidance on public knefit when reviewing the charity's aims and objectvves and in planning future activities. Achievenwnts aRdPerfornnce This year trading activty generated a very similar amount to the previous year at £35.893. Expenses have increased slightly to £13.013. Donations totalled £16.(N)O, down frotn the previous year mainly due to the end of a lo[ litera donation linked to the end of a programme previously supported by House of Hodge. Ben¢fi¢iari¢s were reviewed by the tntstees this year and updated to support literncy initiatives as w¢ll as animal welfare. to extend our existing im1 throughout the local community. Feedback Tcmains high. with features in Time Out Magazine. The Times Literary Supplemen( and a few high-trnffic online blogs which have brought tnore customers than ever to the slK)P. Income remained steady thanks to an ever-growing team of dedicated local volunteer5. whose dedication allows us to open the shop tnost days of the year. Our cor¢ oFning hours are 9am to 5pm with occasional early or late hours, particularty on weekend5 and bank holidays. Thi5 also means the shop can be part of the more active early-evening en¢ in the n¢i8hbourh(KMI with new cafés. shops. and r¢staurnnts contributing to in¢r¢ased footfall in the area. Volume andquality of donations have remained high. More regularculls led bythevolunteers leadto a re8ularly renewed stocL which is particularly attrdctive to regular customers. Our stock spans from 21st-century Contemporary fiction to rare. out-of-print books. meaning w¢ can apal to a varied audience. Internet sale5 have raised significantty again and doubled comparnj with the previous year. They now a steady and immensely valuable stream of income for the shop, pairing rarer kS with enthusiastic s¢ckws.
HOUSE OF HODGE TRUSTEES. ANNUAL REPORT (Continued) FOR THE YEAR ENDED 31 JULY 2025 Flnuncial Review The total inu)me raised during the year was £35.893 (2024- £35,877). This is an increase of 0.04Yo. Th¢ totai expenditure for the year was £29,013 (2024 - £34.503). a decrease of15.91Y•. Reserves Policy The charity requires general reserves to fund its lI¥[lieS. The Signed £IO.000 or twelve months operdting ¢xpenses to reserv. Designated fund of £IO.000 w&$ reserved to fund a possible change of premises. At the year end the total unrestricted funds was £32.887 (2024 - £26.007) of which £IO.000 (2024 - £IO.000) has been d¢siyted luving a balan¢¢ of £22.887 (2024 - £16.007) which is comfortably in excess of the charity's p)licy. Principal Funding Sources The principal funding Source for th¢ tharity 15 Currently by way of shop sales. S¢ruclure, GOraRe¢ andMAnagent Governing Den1 House of Hodge is registered as a Charitable IncoTP)rated Organisation (CIO) with the Charity Commission on 12 March 2021. The CIO took over the activities of the previous charity. House of Hodge. registered with the Charity Commission under registration number: 1135243 on l August 2021. In the event of dissolutio after making provision for all outstanding liabilities of the Association. the Committee must transfer remaining funds to another Ixmly with charitable pUr)Se$ and simllar objects and submit a fmal report and statement of account to the CommTSSiOn. Recruilmenl andAppoinlmfnt of TT¥slees At the 2025 AGM, Frances Brddley steppKd down as a trustee. All the othertrustees agreed to serve one mor¢ year. Tarn Monjazeb Join as a new trustee on 14 July 2025. Reference andAdminlstralive Details Clwity registmtion number." 1193789 Principal office.. 174 Biackstock Road LA)ndon N5 IHA Truslees The trustees serving during the year and since the year end were as follows: Shetal Lakha {Ch8ir) Frdnces Bradley Cecile Claude David (S) Susan Helen Searle Tara Monjazeb {re5igned I l Febrnary 2026) (appointed 14 July 2025) No trLe rtteived any remuneration for seTVifXS during the peri(Ml nor did they have any b¢n¢ficial interest in any contrdct with the charity.
HOUSE OF HO[E TRUSTEES. ANNUAL REPORT {ContiDu¢d) FOR THE YEAR ENDED 31 JULY 2025 Bank£rs.' Th¢ Co-operative Bank PO Box 250 Skelm¢rsdale WN8 61 Independent Examiner.. Barcant Beardon Limited Chartered Accountants 8 BlackstrKk Mvws Islington London N4 2BT Truslees. r¢sponsih"lities in relthion lo ihefinancialK4*ements Th¢ Trustees ar¢ responsible for prewing the Trustees. Annual Report and the financial statem¢nts in ac¢ordan¢¢ with 8ppli¢abl¢ law and United Kingdom Accounting Stsndards (United Kingdom Gen¢rally A¢cept¢d Accounting Ptice). The law appli¢abl¢ to ¢huities in England & Waks rquires the Tnte¢S to prw fJnan¢ial statem¢nts for each financial rIOd which show a true and fair view of the state of affaiTS of the charity and of the incoming resources and application of resources of the charity for that period. In preparin8 these financial ststCm¢n th¢ Tn¢¢$ are rwuired to: select suitable accounting p)licies and then apply them consistffltly" obserye the methods and principles in the Charities SORP 2019 (FRS I02). make judgements and estimates that ar¢ re&sonable and prudenL slate whether applicable accounting standards have been follow sllbjt to any material departures disc105ed and explained in the flnancial statement5. and prepare the fanCIal statements on the going conc¢rn basis unless it is inappropriate to presum¢ that the charity will continue in otmtional existenee. The Trustees are responsible for keeping accounting records which disclose with reasonable accwacy at any time the financial position of th¢ charity and io enable them to ensuff that the financial stat¢m¢nts comply with the Charities Act 2011. the Charity {Accounts and Reports) Regulations 28 and the provisions of the trust deed. They are resw)nsible for saftguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other itr¢gulariti¢s. This report was approved by the Ie¢S on Z%II ffiAlf 2oZk4nd signed on theirkhalf. Susan Helen Searle Trustee
tNDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOUSE OF HODGE I report to the charity trust¢e5 on my examination of the accounts of the charity for the year ended 31 July 2025, which are set out on pages 5 to 12. Responsi111£S and basis ofreporl As the charity's trustees you are responsible for the preparntion of the acUnts in aLrordance with the requirements of the Charitie5 Act 2011 (*he Acf). I report in respect of my examination of the charity's accounts carried out un&r Section 145 of the Act and in carying out my examination I have followed all the applicable DiTtionS given by the Charity Commission under section 145(SXb) of the Act. Independent draminer's siaiement I have completed my examination. I confm that no material matters have come to my attention in connection with the examination giving me cause io believe that in any material resFrtt: accounting cordS were not kept in respect of the charity as required by section 130 of the Acl or th¢ ac¢ounts do not accord with thos¢ re¢ords' or the CoUnts do not comply with the applicable requirements con¢¢rning th¢ fonn and c()nfrnt of accounts set out in the Charities (A¢counts and Repyts) Regulations 2008 other than any requirement that th¢ aonts giv¢ a 'tTu¢ and fair view. which is noi a matter ¢onsidered as part of an independerLt exaTnination. I have no concerns and have come acro&s no other matters in connection with the examination to which attention should be drdwll in this rew>rt in orderto enable a proper understsnding ofthe accounts to be reached. S4Ck Shu Fen Chung FCCA ACA BARCANt BEARtY)N LIMITED Charter1 Accounlants 8 Blackstock Mews Islington London N4 2BT
HOUSE OF HODGE STATEMENT OF FtNANCIAL ACTtvtTIES (tNCLUDING INCOME AND EXPENDrruRE ACCOUNT) FOR THE YEAR ENDED 31 JULY 2025 Notes Restrictd Unrestricted Total Funds Funds Funds 2025 2025 2025 Total Funds 2024 Income ¢md epklowmenlsfrom.. Donations and legacies Other trading activities .593 34.284 35,893 35,893 Totsl income and endowments 35.893 35.893 35.877 £YpePlte on.. Charitable activities Donations award Bookshop 16,000 13.013 16,000 13.013 21,630 12.873 Total expenditure 29.013 29,013 34.503 Nel income/(expendilure)for theperi 6.880 6.880 1.374 Total n¢1$ bTr)ug forward 26.007 26.007 24.633 Totsl funds carried forward 32,887 32,887 26,007 Th¢ slatement of financia] activities includes all gains 8nd10&8es rwised during the period. All income and expenditure derive from conlinuin8 tIvIties.
HOUSE OF HOtKTE BALANCE SHEET AS AT 31 JULY 2025 Notes 2025 2024 CurrentAssets Debtors Cash at bank and in hand 10 1.316 32.291 578 26.119 33,607 26.697 Credilors.. nOUnts falling due within one year li (720) (690) Net CurrentAsset 32.887 26.007 NerAetS 32,887 26.007 Funds Unrestricted fim(Ls Gen¢tzl funds Designated fiu 12 12 22,887 10,000 16.007 i 0,000 32,887 26.007 Approv1 by th¢ truste¢s 28 fm fr4 al Sign on its behf. Cecile Claude David Trustee Th¢ notes on pages 7 to 12 forni part of these finClaI statanMts.
HOUSE OF HO[E NOTES TO THE FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 1.0 Accounting PolicieF The principal accounting FX)li¢ies ad(yfrd judgements and key sources of estimation uncertainty in the preparation of the financial ststements ore as follows: 1.1 BL¥ ofPreparation The charity nstItUteS a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Rewrting by Charities: Statement of Recommend Practice applicable to charilies preparing their accounts in accordance with the Financial Reporting Standard applicabl¢ in the UK and R¢publi¢ of Ireland ISSU in (ktob¢r 2019. the Financial Reporting StaT]dard applicable in th¢ UK and Republic of Ir¢land (FRS 102) and th¢ Charities Act 2011. Assets and liabilities are initially recognis at historical CO and trans&tion value unless otherwise stated in the relevant accounting policy notes. The financial stslem¢nts a ppared under the historic cost convention. The financial ststements are prepared in st¢rlin& which is the functional Currency of the company. Monetary amounts in these fmancial stst¢m¢nts are rounded to the nearest L The financial ststements have been tffeparul to give a 'true and fair. view and have departed from th¢ Charities (Accounts and Reports) Regulation5 2(M)8 only to the extent required to provide a 't and fair view.. This departure has involved following the Accounting and Reporting by Chorilies: Ststement of Rxomm¢nd¢d Pra¢ti¢¢ applicable to charities preparing their accounts in accordance with the Financial RertIng Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rnther than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from l April 2005 which has since withdrawn. 1.2 FundAccowiting Unrestricted funds are available for use at the discretion of the truslees in fiwtherance of the general objectives of the charity and which have not i1 designated for other purposes. Designated funds are unr¢stri¢ted lunds eamlarked by the trustees for particular purposes. Restricted funds are subject to restrictions on their expenditure imwsed by the donor. 1.3 Jncome Rgcwition All incoming resources are includ¢d in th¢ Stat¢m¢nt of Financial Activities (SOFA) when ihe Charity is legally enlitled to the income after any perforni8nce conditions have been mel the amoLLnt can be Mured reliably and it is probable that the income will be reived. For donations to be recogni5ed the charity will have been notified ofthe amounts and the settlement date in writing. Ifthere are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferyed until those ¢onditions are fvlly met or the fulfilment of those conditions is within the wntrol of the charity and il is probable that they will be fulfilled. Income 15 received in exchange forsupplying goods and services in order to rnise funds and is recognised when entitlement has curred.
HOUSE OF HOE NOTES TO THE FtNANCIAL STATEMENTS (Continu¢d) FOR THE YEAR ENDED 31 JULY 2025 Interest incom¢ is rQgnISed when re1¥able and the amount Can be measured Teliably by the charity. this is nortnally upon notification of the interest paid or payable by the Bank. 1.5 Expendit¢ recognilion Expenditure is OgnISed on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be ]lY recovered, and is rew)rted as part of the expenditure to which it relates.. Expenditure on charitAble activities comprises those costs incurred by the Charity in the delivery of its activities and ser¥i¢es. It includes costs that can be allocated directly to such activitie5 and those costs of an indirect nalure necewry to support them. trrecoverable VAT is charged as an eXE against the activity for which ¢xpenditure arose. Donations payable to third parties are within the charitable objectives. 1.6 Support cwts allocafion Support costs are those functions that asSi5t the WO of the charity but do not directly represent charitable activities and include premises overhead& offi(z. finance and governance costs. They are incurred directty in suPrt of expenditure on th¢ obJts of the charity. whe support costs cannot directly attributed to particular headings they have len all(Kated to cost of raising fifftd5 and expenditure on charitable activities on a basis wnsistent with us¢ of the reSou¢s. 1. 7 Debiors Trade and other debtors ar¢ at th¢ settlement amount. Prepayments are valued at the amount prepaid. 1.8 Credilors andprovisio Creditors and provisions [ognIsed wh¢r¢ the charity has a pr¢senl obligation resulting from a past event that will probabty resuh in the transfer of funds to a third paty 8nd the amount due to settle the obligation can be m¢asured or estimated reliably. cli(0rS and provisions are norn)ally trcognised at their settlement amounL 20 CrilicalAccowiling Eslimates tmdJements In the application of the charity's accounting lIe7 the tsustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent frorn other sources. The estimates and asslated assumptions are based on historical experience and other factors that are considered to be relevant. A¢al results may differ from these estimates. The estimat¢s and underlying assumptions are reviewed on on ongoing basis. Revisions to accounting estimates are recognised in the p¢riryJ in whi¢h the estimate is revis where the revision affts only that period. or in the periryl ofthe revision and future peri(Mts Whe th¢ revision affects both Quent and future peri(Mls.
HOUSE OF HoIE NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 JULY 2025 3.Q Incomefrom Donalions andLryacies Unrestricted UnTestri¢t¢d fund5 funds 2025 2024 Donations 1,593 4.0 Incomefrom Other Trathng A¢liv#ies Unrestricted Unrestricted funds funds 2025 2024 Shop income Internet sales 35,248 645 32.888 1.396 35.893 34,284 5.0 An& ofEYpendilure on ChartiableAclivtsi Charitable Activities 2025 Activities undertaken directty 2025 Donation fund activttie5 Support Totsl 2025 2025 2025 Donations awarded Bookshop 16.(MX) 16,000 13,013 610 12.403 610 16.0(M) 12.403 29,013 5.1 Charitable Activities 2024 ActivTties undertaken directly 2024 Donation fund activities 2024 Supp)rt costs Tota] 2024 2024 Donations awarded Bookshop 21,630 21.630 12.873 640 12.233 640 21,630 12.233 34,503 5.2 Of the £29,013 expenditure in 2025 (2024 - £34.503). £nil (2024 - £nil) w&8 attributable to restrict funds and £29,013 {2024- £34.503) was atthbutable to U[estrId funds.
HOUSE OF HO[E NOTES TO THE FINANCIAL STATEMEKfs (Conlinued) FOR THE YEAR ENDED 31 JULY 2025 O Analys&s ofS4pport Cos£f Donations Bookshop awarded 2025 Total Total 2025 2025 2024 Premises Shop running Finance Governance 8.888 1.796 549 .170 8.888 1.796 549 1.170 9.170 1,371 474 1,218 12.403 12.403 12.233 7.0 Analysis ofDonalionsAwarded Recipients of donations during the year. 2025 2024 Blue Cross for Pets British Hedgehog Preseryation Soci&y Detnentia UK Dogs Tn Hearing Dogs for Deaf People Highbury Val¢ Blackstock Trusl Royal Society for the Prevention of Crnelty to Animals SongBird Survival Streetvet Wood Green Animal Shelter 3.200 680 3.600 740 100 2,180 2.180 3,830 3.600 740 2,860 1,800 1.960 1.960 3.200 680 2,720 1,600 16,(M)O 21,630 &0 Nei Ineome/(Expendilure)for the Year 2025 2024 This is staledafier charging Independent examin¢r's fee 720 690 9.0 Trwlees Remunerntion andEwnses No mnIr5 of the Board of Trustees re1Ved any ranuneration during the year. Volunteer4 shop and offi¢e rnnning expenses amounting to £610 (2024- £659) and trustees. meeting enSeS of £450 (2024 - £527) were reimbursed io one trustee (2024- four trustees). No trustee or other person related to the charity had any personal interest in any contrnct or transaction entered into by the charity during the year (2024- nil). 10
HOUSE OF HODGE NOTES TO THE FINANCIAL sfATEMENTS (Contlnued) FOR THE YEAR ENDED 31 JULY 2025 JO.0 Debtors 2025 2024 (Xher debtors Prepayments 76 1240 578 1,316 578 11.0 Crediton." Amounts Falling Due Iftthin One Year 2025 2024 Accruals 720 690 12.0 Analysis of Charilable Fwidf Analysis ofmovements in unrestriciedfvth- currenfyear Balancc Incoming Outgoing Transfers l Aug Resources Resources 2024 Balance 31 Jul 2025 Genera] fimds Designated funds Premises move 16.¢XI7 35,893 (29,013) 22,887 10.w) 10,000 26.007 35.893 (29.013) 32.887 Analysis ofmovements in unrestrictedfvth-previow year Balance Incoming Outgoing Transfers l Aug R&%ources Resourtrs 2023 Balance 31 Jul 2024 Genera] funds tksignated funds Premises move 14.633 35,877 (34.503) 16.007 10.000 i 0.000 24.633 35.877 (34.503) 26.007 Name of unreStriCtsdfd G¢neral funds Designated fuTrJs Descriptiop& andpwposu ofthefv The-free reserYes- after allowing for any designated fijnds. Premises move - Funds bav¢ been set aside for a p)ssible change of premises
HOUSE OF HODGE NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 JULY 2025 13.0 Analysis ofNe¢Assets Belween FMndf- C4fferf Year R¢strict¢d Unrestricied Funds Funds 2025 Tolal 2025 2025 Cash at bank and in hand (kher net Current ass&(lIabilIties) 32.291 596 32,291 596 32,887 32,887 AnalysiF ofNeiAssets Bthxen FundY- PrtvioxwPeriod Restricted Unrestricted Funds Funds 2024 2024 2024 Cash at bank and in hand Other net current assa(liabIlIties) 26.119 (112) 26.119 {112) 26.007 26.007 14.0 ReloledParty Transaclions Aside from tntstee remunerntion and expenses disclosed in not¢ 9. there wu¢ no related party transactions during the year (2024- none). 12