COMPANY REGISTRATION NUMBER: CE205596
CHARrrY REGISTRATION NUMBER: 1193857
H.O.P.E
Charitable Incorporated Organisation
Unaudited Financial Statements
31 March 2024
DEBSON & CO
Chartered Accountants
Galley House. Second Floor
Moon Lane
Barnet
Herts
EN5 SYL

H.O.P.E
Charitable Incorporated Organisation
Financial Statements
Year ended 31 March 2024
Page
Trustees, annual report
Independent examiner's report to the trustees
Statement of financial activiti8s (including income and
expenditure account)
Statement of financial position
10
Statement of cash flows
12
Notes to the financial statements
13

H.O.P.E
Charitable Incorporated Organisation
Trustees. Annual Report
Year ended 31 Mar¢h 2024
The trustees. who are also the directors for the purposes of company law, present their report and the
unaudited financial siatements of the charity for the year end&d 31 March 2024.
Referance and administratlvg dgtall$
Reglstered charlty name
H.O.P.E
Charity registration number
1193857
Company r8gistratl¢n number CE205596
Principal office and registered CIO Debson & Co
office
Ashdon House
2nd Floor, Moon Lan8
Barnet
Hertfordshire
ENS SYL
The trustees
Mr W Gallagher
Ms J Dacres
Mr O Sèlby
Independent examiner
Mr J G Debson FCA
Galley House, Second Floor
Moon Lane
Bamet
Herts
EN5 SYL

H.O.P.E
Charitable Incorporated Organisation
Trustees, Annual Report (Contlnued)
Year ended 31 March 2024
Structure, governance and management
Constitutio
H.O.P.E is a Charitable Incorporated Organisation ICIOI, govemed ils Constitution dated 18 February
2021. 11 is a registerèd charity with the Charity Commission. No Trustee has any beneficial inlèresl in
the CIO.
Risk mana
emenl
The Management Committee has conducted a review of the major risks to which the CIO is exposed.
Wherè appropriate. systems and procedures have been established to miligale the risks the CIO
fa￿$. Ex18rnal risks to funding have led lo the development of strategic plans which allow for the
divttrstficalion of funding. Procedures are in place to ensur8 ¢ompliance with health and safety of
staff, volunteers and club users.
anisalw)nal slpjclura
The Management commillee is currently cornprised of two members who meet regularly and are
responsible lor IhÈ glr31pgir. direr.lion and policy of the c.nmp2ny In 8ddition In sprving a8 mpmhpr% nf
the managernenl r.nmmillee two ol the Iru%i?g% ar.1 In an nppralional capacity as voliinièer
IOLilh
workers.

H.O.P.E
Charitable Incorporated Organisation
Trustees. Annual Report (contlnued)
Year ended 31 March 2024
Objectives and activities
Th8 principal objectives of the Charity are..
111 To advance in life and help children and young people living on the Morningside Estate, Hackney
and (he surrounding area through.. lal The provision of recreational and leisuTe Iirne activities provided
in the interest of social welfare, designed to improve their conditions of life., Ibl Providing SLJPPOrt and
activities which develop their skills, Capacities and capabilities to enable them to participate in society
as mature and responsible individuals.
121 To further or benefit the residents of the ￿MIngside Eslale. Hackney and the neighbourhood,
without distinction of sex. sexual orientation, race or of political, religious or other opinions by
associating together the said iesidenls and the local aulhorilies. voluntary and other organisalions in
common effort lo advance education and to provide facilities in the interests of social welfare for
recreation and leisure lime occupation with the objective of improving the conditions of lrfe for the
residents.
We continue lo work with anij SLtpport young people. families, elders and residents on the Gascoyne &
Morningside Estatès. However, we have been able lo expand our support lo the widér Hackney
community. We continue lo see an increase in young people accessing our adivilies, particularly
during our holiday programmes. We are continuing lo provide education support for all young people
within the Hackney community bul particular￿ those living on Morningside Estate. This lakes the
form of group and one lo one support. We have seen an increase in SEND young people attending
educ8b.on support and have been able lo provide them with or)e-lo-one support which has impacted
positively on their self-confidence and educational achievements. We have enlisted youth volunteers
lo assist al education support sessions as we find that young people relate and work better when
receiving peer support. Our education support programme continues to be managed by a fomier
attendeelvolunleer of OLJr provision who is now head of year in a local Hackney Academy School. Our
foodbanklhub continues to provide vital support lo rgsidents in need and we have seen a w88k on
weèk increasg in rgsidents a¢¢gssing this provision.
We continue lo provide fitness, wellbeing sessions for young people al all of our youth club sessions
and are now running targeted fitness sessions under our ICAN Ilnspire, Challenge, Achitsve and
Nurture) project. This is a self.molivaling fitness programme where allendees sel their own goals and
record achievements. YoLJng people are positively engaging in this activity, and we have seen a
positive improvement in trM)th the physical and mental wellbeing of those attending. We are offering
mentoring support to all young people who attend Sèssions this is offèred by w2y of one to one andlor
group support and also peer mentoring, which is proving to be very popular. We continue to provide
adult fitness sessions for the local and Imder ¢ommunily, at present we are providing weekly Box Fit,
Zumba and Chair Based exercise sessions. All sessions are provided free of charge in order lo make
them accessible to the whole community. We have seen an increase in adults participating in our
fitness sessions. Our Community Lunch, which takes place immediately following our Chair based
exercise session is proving in¢reasiroly popular with approximately 40150 residents attending for
lunch.
Thls lunch is open lo the whole communSty, and is advertised on the Hackney website and other local
notice boards. During the Winter months. we expand our openlng Ilmes lo Snclude a warm space and
provhae support and wgllbeing advice.
We continue lo provide training opportunities and work experience for young people and during this
year have enabled 15 young people Its lake advanlagg of training and work expgrience. We continue
to offer volunteering and training opportunities to the older members of our community through our
Food Bank. Food Hub and Community Activities we have supported 12 adults both as volunteers and

H.O.P.E
Charitable Incorporated Organisation
Trustees, Annual Report (continued)
Year ended 31 March 2024
into work. We have established p051tive links with a local employer lon Morningside Eslalel who now
offers work opportunities lo our service users.
Young people and the community continue to bè at thè hgart of our organisalion and young peoplè run
their youth forum which inputs into our main board. We have allocated two dedicated voting spaces lo
young people on our Management Board. We have expanded this offer lo include a dedicated voting
space lo an elder, elected from our Chair Based Exerciselcommunity Lunch group. This is to ensure
that the voice of elders is heard.
We continue to offer 8UPPOrt around food and this service has been expanded to include signposting
and other support lo residents. We work in partnership with the Hackney Money Hub and host monthly
sessions al the Community Cenlre, where the Money Hub attend and provide benefil support to
ensure that all residents, particularly eldefs arg claiming all bènèfits they are enlitled lo. The foodbank
and support services are open to all Hackney residents. We have seen an increase in residents
requiring IoDd and signposting support. We continue to work w¢th Hackney Council and the Felix
Project lo provide surplus food twice weekly lo up lo 15 local Charities each week. In addition, we are
P8rt of Neighbourly, a food app which has enabled us to access more food from organisations such
M&S, Tesco, Prel. The support provided through our food bank and food hLJbs eqijales io supporting
lens of thousands of Hackney residents each yèar We conlTnue to be part of a Ic)¢al constsrtium c>f
Cl)ai'ilieb who supi)Drl rp.sidenl.%.
Wo work in partnershiplcollaboration with Sanctuary Housing Association, the Police, Hackney Gangs
Unil, The Well Street Shop Keepers Allianca, Y2K Communily Football, HVCS, our CEO is co-chair of
the Family Forum run by HCVS, and is a mèmbèr of their Leadership Group. Hackney Markets Tearn,
Hackney HAF (provides funding for free school meals during school holidays) and Hackney Council.
We continue to work in partn8rshiplcollaboralion ￿th The African Cornmunity School who provide
parenting, English and Maths classes for Hackney residents. the Hackney Play Bus who provide
SLJPPOrt for families With children aged O 10 4 years, Advanlage Tennis who provide free tennis lesson
for young people and the NHS who provide weighl management sessions at Momingsidè Community
Cenlre. We continue to be part of the Hacknéy Food Nett￿ork.
Wè &ngage with parents lo identify and work with them lo address issues faced by young people. This
enables us to provided largeled and slruclured support whera necassary. We provida practical
supp)rt and assistance lo parents and community members on a day-to-day basis and work with both
parents and young people to ensure that the servi￿$ we provide meet the needs of our community.
Drugs dealing, gang activity and gun Crime continue to be an issue on the estates, particularly
orningside. We continue lo do extensive outreach work on both eslales on which we operate and
surrounding areas lo identify and work with young people who may be at risk of exploitation. We work
Closely with the local Resident Associab'ons which enablès us to deal with possibla ¢onfli¢l and issues
on the estate involving young people. We conlinue to attend monthly Hackney Integrated Gang Unil
Meetings to ensure that we have up-lo-dale information on ganglyoung people related Issues. We also
attend thè Hackney Youth Provider Network Meetings.
Management and Senior Workers continued to a¢c8ss training relevant to their rolès and attend
meetings wilh food partners. the Local Authority and HVCS. Senior Worker, staff, volunteers and
managemgnl are offered training lo ansure that they have the knowledge lo support young people and
the wider cornmunity, Our CEO has food hygiene and food allergy certificates, which enables us to
providé food and run our food bank. Our Senior Youth Worker is a qualified mentor as are other staff
members. Young people and the wider Community rèmain at Ihe heart of our organisation and arè
encouraged to take a more active role in the man8gÈmenl of the provision. We have ¢onlinued lo
have challenges, particularly around funding bul are proactive in addressing this.

H.O.P.E
Charflable Incorporated Organisation
Trustees. Annual Report (con¢lnue
Year ended 31 March 2024
Achievements and porformaneo
Our biggest achievement, during this year has been our ability to be both proactive and reactive lo the
ngeds of not only young people and their families bul also the wider community. This has given our
organi5alion a higher community profile with the Local Authority referring Hackney residents to us for
support and advice. We have expanded our collaborativelpartnership working to include more VCS
and Statutory organisations and this has allowed us lo support more resid¢nls. Our youth voluntoering
programmes goes from strength to slrttngth. and we have a wailing list of young people wishirKJ to
become youth volunteers. This includes our Youth Social Enterprise which is very popular. We have
expanded our volunteering programme. parbcularly around food, lo enable adult residents lo volunteer
and receive training.
We hosted the Commission of the Metropolitan Police al the Community Centre for a Community
information ev8nt. This was very well attended and gave residents an opportunity lo meet with and
question the Commissioner.
We are in the process of negolialing a naw 10-year lease on the Momingside Community Centre. The
granting of this long-temi lease will provide us with stability and enable us to establish long term goals
and outcomes for the Centre and the communty. It will also allow us to bid for additional funding wh
will further strengthen our position. Since taking over the management off the centre it has gone from
a centre which was rargly used lo one that is used 7 days each week with mulliplg activities taking
plac8 daily. Thè Centre has bewme a Community hub, known lo residents as a place wherè you Can
go for support and advice. Our work with Hackney HAF has ensured that we are able lo provide a full
programme of activities for young people, particularly during the summer and provide them with a hot
nutritious meal during the activities. During the Summer of 2023 we saw a further increase in young
people accessing our progiamme, which was free. We saw a Tnarked increase in the attendance of
SEND young people and as a result are considering training opportunities for staff and volunteers
around wor￿n9 with SEND young p8ople. Our programme provides both slruclured and
non-slruclured activities. We continue to receive Infrastructure Funding from the Local Authiyity,
Hackney. This is flexible restrided funding and has enabled us to use the funding to focLJS on specific
tasks, for this financial year we have focused on our fo(KJbank/food hub The funding is for 3 years with
1 year left lo run. Thls fundlng has enabled us lo pul money where 11 is needed and has given us
some financial security.
We continue lo be both pro-active and re-active to the needs of our community. An example of this
was during the summer when we became aware of potential 'hot spots, where trouble Tnay occur. We
oulraached in thase areas. spoka to young paopl8 to discuss what activities they would like lo engage
in during the summer. The lead activity for males aged between 12 and 18 ye8rs was football. As a
result of this we arranged a football toumament in collaboration with Badu (who allowed us the free
use of their sports pilchesl. Over 100 young people participated I the loumamenl and as a result of the
number and feedback we aim to make this an annual event. A further outcome was al more olde
youths began lo attend youth club sessions and engage positively.
Our youth social enterprise continues lo operate and works on k)cal markets in partnership with the
Hackney Markets Team. The group attended the Finals of the National Youth Market in Strarford Upon
Avon where they were awarded a 'Traders of the Future Awar¢J" This award has provided them with
confidence and skills not normal￿ open and available lo young people. The youth social enterprise
are taking the lead in expanding the enterprise by interviewing and training more young people to
come on board. There is currentty a wailing list of candidates wailing lo engage.
We have, as an organisation, taken the decision to provide food including healthy snacks at all of our
sesslon8 for all attendees. Thls decislon was taken to address the issue of hunger amongst children

H.O.P.E
Charitable Incorporated Organisation
TTUStees' Annual Report Icontlnuedj
Year ended 31 March 2024
and our work with HAF has anablad us to support young p8opIg Wlth a hot meal at our holiday
sessions. We have been supported by HAF to provide 3 fund8d holiday programmes during the
course of the year. Our aim is lo ensure that no child goes hungry. We have ¢onlinu&d our work with
Ha¢knèy Markets Team who support our young people by enabling them lo trade al local Hackney
Markets. Through our youth social enterprise and our volunteering programme young people have
positively engaged and acquired skills which will banefil them in the long lemi. The aim Continues lo
be lo enable young people lo have the confidence to set up and run th8ir own businesses andlor
provide them with the tools to give them the ¢onfiden¢È to obtain paid work.
We conlinuts lo provide well attended holiday programmes, we saw a significant increase in
attendance al our summèr programme. weekly trips continuè, taking young péoplè off Ihe estatès. W6
were able to hold our summer BBQ and Christmas party both of which werè well allended by not only
yOLJng people and families who attend sessions but also the wider coinmunily. Al these events we
were able Its provide signposting services.
Staff continue lo offer one lo one support sessions wilh young people to discuss issues refevant lo
them and provide support and advice. These sessions have been expanded lo include the wider
community, this has been achieved by working wllakM)ratively with the Hackney Money Hub and
Ha¢kney So¢ial Prescribers, the NHS. and other organi5ation5 who compliment our work.
Tlie yoult-l dub conlinues lo liave a niai)ager ai)d Seiiior youlli worker aiid this year we liave added ali
educational and volunteer lead to the team. Programmes ¢onlinue to be run in conjunction with the
Management Committee, which enables a bèlier focus.
The year has been a challenging orie for us as an organisalion particularly around funding for our
youth provision and we are constantly looking for and identifying possible funders lo ensure that our
youth provision can ¢ontinu8. The Infrastructure Funding has been a great support as it has givèn us
a conf1rm8d regul8r income. Management of the community centre has provided us with sècurity of
venue and an income which has enabled us to PTovide comrnunity-based aclivilies.
Financial review
The Financial Statements as sel out on pages 9 to 19 summarise the IransactSons of th8 charity during
the year ènded 31 March 2024. During the year the charity generated income from all sources of
£174,097 12023.. £226.5831. After accounting for lolal expenditure for the year of £145.878 12023..
£125,354). there was a surplus for the year of £28.219 {2023.' £101,2291-
In common with many other voluntary o¥gani581ions working in an economic downtum. our financial
situation is difficult and requires a constant review of identifying sources of funding, applying for
grants, bidding for contracts, analysing and evaluating data and performance. reviewing our
expenditure and finding efficiencies.
We are very grateful for the continued supw)rt from our Patrons. Friends and Supporters and
organisalions which provide the greater part of our income. We remain extremely oplirnislic that the
quality, reputation and continued efficiency of the services we offer to our community will ensure that
our work will continu8 to be sijpported into tha fulurg.

Charitable Incorporated Organlsation
Trustees, Annual Report (conunuedj
Year ended 31 Ivlarch 2024
Plans for future perlods
Despite challenges we have been able lo provkle young people with a high level of support and keep
them engaged during these diffscult limes. We have also been able lo expand the support we are able
to offer lo famllles, elders and the wlder communlly and also expand activities available through
Pathershlplcollaborative worfL
We contmiue to work In partnership wilh IiTreminded organisations to ensure positive outcomes for the
young people anrj. re$idents who a¢¢ess our Services. We have expanded our
partnershlplcollaboralive work by WOFklng wllh the Hackney Plac8 Bus who provlde sesslons every
Thursday for familles with children from O 10 4 years.
The plan is to expand our youth provlslon, undert8ke more targeted woth to address issues facing
young people, particularly around education and Iransltion5ng from primary to secondary education.
Expand our social enterprise to include addltional strands. We wlll achieve this by identifying and
wothing with local business who can support the work we do with young peopl& We aim to provide
more actlvllles linked to health at the Communty Centre as we are seeing a lot of health inequality in
the community. Wo aim to provlde more volunteeriw and work èxperience.
We will contlnue to run our fcod bank and food hub and alm to expand thls setviGe and are currenl
researching a panty model which wlll enhance Ihe support we provide around food poverty.
' Our alm Is to expand, enhance and ccffipllment the work we are currently doing by expanding our
collaborative and partnetshlp work to ensure that we can support as many members of our comtnunity
as posslble.
I Small company provlslons
This report has been prep8red in accordance wlth the provlsion8 applicabl8 to comp8nies entitled to
-.the small ￿MpanieS exemption.
,. The trustees, annual report was approved on Z 4
board of trustees ty:
J8nuary 2025 and $@n8d on behatf OE the
Mrw Gallagher.
Ttuslee
Ms J Dacr08
Trust
Mros

H.O.P.E
Charitable Incorporated Organisation
Independent Examiner's Report to the Trustees of H.O.P.E
Year ended 31 March 2024
I report to the Irust88s on my examination of the financial statements of H.O.P.E {Ihe charity) for tre
year ended 31 March 2024.
Rosponslbllltles and basis of report
As the trustees of the company land also ils directors for the purpos&s of company lawl you are
responsible for the preparation of the financial ststemenls in a¢¢ordan¢e with the requirements of the
Companies Act 20061'lhe 2006 Acl'l.
Having 8allsfled rnyse￿ that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, l Tèport in respect of my examination of
the charity's accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Act'l. In
carrying out my examination I have followed the Directions given by the Charity Commission under
S8Ction 145151{bl of the 2011 ACL
Independgnt examln¢rfs statornent
I have completed my examination. I confimi that no rllatters have come lo my attèntion in connection
with the examination giving me cause to believe..
acctsiinlin9 rer.ords were nni kepl in resoeci oi the cnarily as rpqijired Dy %pr.lion 386 of Ihp
2006 Act", or
the financial slalemenls do not accord with those records.. or
the financial slalements do not comply with the a¢￿untIng requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fair. view which
is not a matter considered as part of an independent exarninalion., or
the financial statements have not been prepared in accordance wilh the methods and
principl&s of the Statement of Recommendèd Practice fo¥ aGcounling and Teporting by
charities applicable to charities preparing their accounts in accordance with the Financial
R8POrtlng Standard applicable in the UK and Republic of Ireland IFRS 1021.
I have no concerns and have come 8¢ross no other matters in ¢onne¢tion with the examination lo
which attention should be drawn in this report in order to enable a proper understanding of tha
accounts to b8 rgached.
MrJ G Debstsn FCA
Independent Examingr
Galley House, Second Floor
Moon Lane
Barnet
Herts
ENS SYL

H.O.P.E
Charitable Incorporated Organlsatlon
Statement of Financial Activities
(including inGome and expenditure account)
Year ended 31 March 2024
2024
Reslricled
funds Total funds
2023
Unrestricted
funds
Total funds
Note
Income and èndowment$
Donations and legacies
Charitable actlvitles
Investment income
107.328
18.969
47,800
155,128
18,969
218,712
7,809
62
Total In￿me
126,297
47,800
174,097
226,583
Expenditure
Expenditure on Charitab￿ activities
Total expgndlture
98,878
47.000
145.878
125,354
98,878
47,000
145,878
125,354
Net Incomè and nat movement In funds
27,419
800
28,219
101,229
Re¢on¢lllatlon of funds
Total funds brought forward
Total funds carried forward
101,229
101,229
128.648
800
129,448
101,229
Tha statemanl of financial activities includès all gains and losses recognised in tha year.
All income and expenditure derive from continuing activities.
The notes on pa9as 13 to 19 form part of th8$0 financial $tatem•nts.

H.O.P.E
Charitable Incorporated Organisation
Statement of Financial Position
31 March 2024
2024
2023
Note
Fixed assets
Tangible fixed as88ls
13
5.368
4,156
Current assets
Cash at bank and in hand
140,274
148,738
Credltors- amounts falling due within one year
Nat current ass&t$
14
16,194
124,080
51,665
97.073
Total assets less current liabilities
129,448
129,448
101,229
Net assets
101,229
Funds of the Charity
Restricted funds
Unrestricted funds
800
128,648
101,229
Total charity fu￿115
16
129.448
lul.229
For the year ending 31 March 2024 charity was Èntitled to exemption from audit under section 477
of the Companies A¢1 2006 relating lo small companies.
Directors, responsibilities..
The mèmb8rs have not required the company to obtsin an audit of its financial slalements for the
year in queslion in accordance with section 476.,
The directors acknowlèdge thèir rèsponsibilities for complwng with the reqU1￿ments of the AGI
with respect lo ￿￿ounting records and the preparation of Iinancial statements.
These financial statements have been prepared in accordance with the provisions applicable io
companies subject to the small companies. regime.
The statement of financial position
continues on the following page.
The notes on pages 13 to 19 form part of these financial statements.
10

H.O.P.E
Charltable Incorporated Organlsatlon-"
Slatement of Financial Positlon f¢onllntsedJ
31 March 2024
, Thes8 financial statements were approved by the board of trustees and aulhorised for issue on g4
January 2025, and are sign8d on behalf of the board by:
&K
4A(+
Galla
Tw$tee
s J Dacre5
Trustee
r Q Seiby
TNstee

H.O.P.E
Charitable Incorporated Organisation
Stalement of Cash Flows
Year ended 31 March 2024
2024
2023
Cash flows from operatlng actlvltles
Nel income
28.219
101.229
Adjustnlents lor..
Deprè¢ialion of tangible fixed assets
Olher interest receivable and sirnilar Income
Ac¢rued expenses
1.895
1,127
1621
3,600
Changgs in..
Trade and olhgT creditors
135,4711
15,3571
48,065
Cash generated from operations
153.959
Interest received
62
Nel cash (used inllfrom operating activities
15,3571
154.021
Cash flows from investing activities
Piircha%g ai langihle 3ssg15
Net cash used in investing activities
13 1071
13,1071
15 2831
15,2831
Net {decrea$ellin¢rease in cash and cash equivalents
Cash and ¢ash equivalents at beginning of year
Cash and cash èqulvalents at end of yèar
18,4641
148,738
148.738
140,274
148,738
The not¢s on page$ 13 to 19 forn) part of these flnandal statements.
12

H.O.P.E
Charilable Incorporated Organisation
Notes to the Financial Statements
Year ended 31 March 2024
General information
The charity is a public benefit entity and a private company limited by guarantee, rggister8d in
England and Wales and a registered charity in England and Wales. The address of the
registered office is CIO Debson & Co. Ashdon House. 2nd Floor, Moon Lane, Barnet,
Herttordshire. EN5 SYL.
ststemÈnt of compllan¢•
These financial slalemenls have been prepared in compliance with FRS 102, The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Slalemenl of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Rewblic of Irgland IFRS 1021 (Charities
SORP {FRS 102}l and the Companies Act 2006.
Accounting policies
Basi$ of prèparatlon
The financial slalemenls have been prepared on the historical cost basis. as modified by tha
revaluation of certain financial assets and liabilities and investmgnt prOpe￿&S measured at fair
value through income or expenditure.
The financial slalemenls are prepared in sterfing. which is the functional currency of the entity.
Golng concgm
The trustees consider that there are no material uncertalnlies about the charity's ability lo
continue as a going concern.
Judgements and key sources of estimatlon uncertalnty
The preparation of the finan¢ial ststarnents requires management to make judgements.
eslimales and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and Other taclors. including expectations
of future events that are belleved lo be reasonable under the circumslancgs.
Fund accountlng
Unre51ricled funds are available for use at the discretion of the Iruslees to further any of the
general objectives of the charlty and which have not been designated for other purposes.
Designated funds are unreslricled funds eamarked by the trustees for particular future project or
commitment.
Restri￿ed funds are funds which are to be used in accordance with specific restriclions imposed
by donors or which have been raised by the charity for a particular purposes. The costs or raising
and administering such funds are charged against the specific ftjnd.
13

H.O.P.E
Charitable Incorporated Organisation
Notes to the Financial Statements {continuedJ
Year ended 31 March 2024
Accounting poli¢19$ l¢ontlnued)
Incoming resources
All incone is included in thg Statement of financial activities when entillemenl has passed lo the
charity, il is probablè that Ihe economic benefits associated with the transaction will flow to the
charity and the amount can be reliably measured. The following speafic policies are applied lo
particular categories of income..
in¢ome from donations or grants is recognised when there is evidence of entitlement lo the gWL
receipt is probable and bts amount can be measured reliably.
incom8 from donated goods is measurgty al the fair value of the goods unless this is impracllcal
lo measure reliably, in which casè the value is derived from the cosl to the donor or the
estimated resale value. Donated facilities and services are rècognised in the acGounls when
received rf the value can be reliabty measured. No amounts are induded for the contribution of
general volunteers.
income from contracts for the SLJpply of servi￿5 is recognised with ihè delivèry of thé
.onlrRrtpd servicp io cla%8ifiod x% Iinrootricttsd fLinds iJfjless Ihtsre is a copliaclLial
rpqiiire.menl lor Il 10 be spént on a parlicLilar PLirposo and rptiirntsA If lin%D￿nt. ln irttrhip.h c.l< sa il
may be regarded as rèslricled.
R¢sour¢ès expended
Expenditure is re¢ognised on an accruals basis as a liability 15 incurred. Expenditure includes any
VAT which cannot be fully Tecovered, and is classified under headirtgs of the statemant of
financial activities to which it relates..
expenditur8 on raising funds indudes the costs of all fundraising aclivilies, events,
non-charitable trading aCt￿lt￿S. and the sala of donated goods.
expenditurg on charitable activities includes a15 ¢osts incurred by a charity in undertaking
acliviliès that further ils charitable aims for the benefit of ils beneficiaries, including those
support costs and costs relating to Ihè govemance of the charity apportioned to charitable
aclivilies.
other expenditure Includes all expenditure that is neither reL8ted lo raSsing funds for the
charity nor part of its expenditure on charitable acllvlties.
All costs are allocated lo expenditu￿ categories reflecting Ihe use of the re80urce. Direel costs
allribulable to a single activity are allocated direcuy to that a￿1VIty. Shared costs are apportioned
betwaan the activities they contribute to on a reasonable. justifiable and consistent basis.
Tangible assgts
Tangible assets are Initial￿ recorded at cost, and subsequently staled al cost less any
accumulated depreciation and impairment losses. Any tsngible assets carrièd 8t revaluèd
amounts are recorded at the fair value al the dale of revaluats'on less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
14

H.O.P.E
Charitable Incorporated Organisation
Notes to the Financial Statements (conunuedj
Year ended 31 March 2024
Accounting policies (ronllnued)
Tangiblè assot$ (¢onllnued)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
re¢ogni$ed gains and losses, unless it reverses a charge for irnpairmenl th81 has previously been
recognised as expenditure within the slalemenl of financial aclivilies. A decrease in the earylng
amount of an asset as a result of revaluation. is recognised in other recognised gains and losses.
except lo which il offsets any previous revaluation gain, in which case Ihg loss is shown within
other recognis&d gains and losses on the statement of financial aclivilies.
Depreciatlon
Depreciation is calculated so as to write off the cost or valuation of an asset. less its residual
value, over the useful economic life of that asset as follows:
Equipment
33D/o slraighl line
Impairmant of fixed assats
A review for indicators of Smpalrment Is carried out at each reporting dale. with the recoverable
amount being eslimaled where su¢h indicators exisL Wherg the Carrying valuè &xce6ds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also rèviewèd for
possible revers81 at each rerorting date.
For the purposes of impairment lesliThJ, when il is not possible to estimate the r￿Verable
amount of an individual asset. an estimate is made of the recoverable amount of the
cash-generating unit to which the asset belongs. The cash-generaling unil is the smallest
identifiable group of assets that includes the asset and generates cash inflows th81 largely
independenl of the cash inflows from other assets or groups of assets.
For imp8irmenl testing of goodwill. the goodwill acquired in a I￿SinesS combination is. from the
acquisition dale, allocated lo each of the cash-generaling units that are expected lo benefit from
the synergies of the combination, irrespecliva of whether other assets or liabilities of the charity
are assigned lo those units.
Donadons and legacles
Unrestricted
Funds
Restrided Total Funds
Funds
2024
Donations
Geneial donations
Donations in kind
5,173
32,809
5,173
32,809
Grants
Grants receivable
69,346
47,800
117,146
107,328
47.800
155,128
15

H.O.P.E
Charitable Incorporated Organisation
Notes to the Financlal Statements {￿n11n￿8￿)
Year ended 31 March 2024
Donations and legacias (conflnuedl
Unreslricled
Funds
Restricted Total Funds
Funds
2023
Donations
General donations
Donations in kind
6.343
3,076
6.343
3,076
Grants
Grants receivable
51,990
53,630
105,620
Other donations and Itgacies
Exceptional incomè from donations and legacies
103,673
103,673
165,082
53,630
218,712
Charitable actlvltles
Unreslricled Total Funds UrÈreslE iclod Total F.Jnd5
Funds
2024
Fur,ds
2023
Hire of hall and rooms
18.969
18,969
7.809
7,809
Investment income
Unieslricled Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest recèivable
62
62
16

H.O.P.E
Charilable Incorporated Organisation
Notes to the Financial Stalements f¢ontlnuedJ
Year ended 31 March 2024
Expenditure on charitable activities by fund type
Unrestri¢léd
Funds
Restricl8d Total Funds
Funds
2024
Youth Club Operation & Food Bank
Support costs
85,120
13,758
47,000
132,120
13,758
98.878
47.000
145.878
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Youth Club Operation & Food Bank
Support costs
64,109
7,615
71,724
53,630
117,739
7,615
53,630
125,354
Exp•nditure on Charitsble a¢tlvities by a¢tivty typè
Activities
undertaken Grant funding
directly of activities Support costs
Totsl funds
2024
Total fund
2023
Youth Club Operation &
Food Bank
Govemance costs
47,000
85,120
4.267
9.491
136,387
9,491
119,409
5,945
47,0(10
85,120
13.758
145.878
125.354
Net income
Nel income is slated after Chargin￿(CredIting)=
2024
2023
Deprectalion of tangible fixed assets
1.895
1,127
10. Indepgndent èxamination fees
2024
2023
Fees payable lo the independent examlner for..
Independent examination of the financial stslemenls
3,600
3,600
11. Frnelan¢e Volunt•erslYouth workers
The average head count of volunteerslyoulh workers during th8 yaar was 1712023.. 8}.
No voluntagrslyouth workers recewed benefits of more than £60,000 during the year12023'. Nil).
17

H.O.P.E
Charitabl8 Incorporated Organisation
Notes to the Financial Statements (wntinued)
Year ended 31 March 2024
12. Trustee remuneration and expenses
No remLJneralion or other benefits from thg charity or a related entity wara received by the
trustees.
13. Tangible fixed assots
Equipment
Cost
Al 1 April 2023
Additions
5,283
3,107
At 31 March 2024
8,390
Depredatlon
Al 1 April 2023
Charge for the year
At 31 March 2024
1.127
1,895
3.022
arrying amount
At 31 March 2024
5.368
At 31 March 2023
4,156
14. Creditors: amounts falling due within one year
2024
2023
Trade creditors
Accruals and deferred income
Other creditors
23,310
8,500
19,855
10,194
6,000
16,194
51,665
15. Deferred income
2024
2023
Amount deferred in year
6,594
4,900
18

H.O.P.E
Charltable Incorporatsd Organisation
Notes lo the Financial Statements (contlftu6dJ
Year ended 31 March 2024
16. Analysis of charitable funds
Unrestrlcted funds
Al
1 April 2023
At
Income Expenditure 31 March 2024
General funds
101,229
126,297
198,878)
128.648
Al
7 April 2022
At
Income Expenditure 31 March 2023
General funds
172,953
171.7241
101.229
R•strictèd fund$
Al
1 April 2023
At
Income Expenditure 31 March 2024
Restrictad Fund
47.800
{47,0001
800
At
1 April 2022
Al
In￿me Expenditure 31 March 2023
ReStr￿le￿ Fund
53,630
153,830}
17. Analysis of changes in net debt
Al 1 Apr 2023 Cash flows At 31 Mar 2024
Cash at bank and in hand
148,738
18,464}
140,274
19