thèrtty No. 1195878
C(ryary Reglstration No. IJ58699Y (England and Walesl
HELP TO CREATE HOPE TRUST
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

HELP TO CREATE HOPE TRUST
LEGAL AND ADMINI￿RATIVE INFORMATION
Trustees
Malcolm Tfvjmas Patrick Gibn
Dr William Thom35 Etsard Brig85
Paul Findlay
Michael Alan Shanlty
(Appointed 28 Aprll 20241
(Appointed 23 February 20241
Chrlty number
1195878
Compaw number
13586993
Rezlstered office
Acre House
11-15 Willièm Road
London
NWI 3ER
Unileo Kingdom
Audltty
HW Fisher LLP
Acre House
11-15 William Road
London
NWI 3ER
United Kingdom
O•nk¢rs
Nthonal Westminster B•nk Pl¢
250 6i5hops8ate
Lth)don
EC2M 4A

HELP TO CREATE HOPE TRUST
CONTENTS
Trustees. report
Statement of trustees. re5poThsibilities
Independent auditor'5 report
Consolldated stètsmentof financial athittes
Consolldated and charity balance sheets
io
Consolidated statsmentof cash flows
li
Note5 to the linan¢ièl 5tatemehts
12-19

HELP TO CREATE HOPE TRUST
TRUSTEES. REPORT IINCLUDING DIRE￿oR5. REPORT AND sfRATEGIC REPORT)
FOR THE YEAR ENDED 31 AUGUST2023
The tru5tee5 present their rewrtand financial statements fortheyear ended 31 August 2023.
The financial ststements have bpen prepared ITr accordan￿ with the accounting policies Set out in note I to the financial
statements and comply with the charity's Memorandum and Article50f A55￿1￿tiOn, the Cornpanies Act 2rKJ6 and"Accountin8 and
Reportin8 by Char￿eS.. Stètement of Recomfflended Pra(tite applicable to chafitie5 p￿parIng their a￿ount5 in a(cordbnce with
the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 le1fet￿ l January 20191"
Introdutllon and our Inltsl p*lod
Help to Create Hope Trust was formed on 26th August 2021 wffth ihe prolessional support from Forstets LLP, Sollcltors, ènd HW
Fisher LLP, accountants.
Oble(tl¥es and athvltles
ThÈ charity s objetts ère..
to advante health and relieve sickness for the public by such means as the trustee in theif absolute discretlon shall
from ttme to fjme see fit (including by the of %*terans in the United Kin8doml.' and
to further such other Charits￿* purposes asthe trustees shall from tlme to t6me see fit.
The Charlty Is estsbllshed wlth the maln objeth¥es ol prowdin8 facilillesand long term supportthose whe hnd themselves among
the most vulnerable In soclety through unfortuna* drcumstsnces. Includln8¥iCtfjms of war and domestfc vlolence.
Durin6 the Inltial perlod of the Charity's existence the Trustees hawe concentrated on two main areas.. estsblishlng robust
admlnistranve systems and policies and supporring its subydiary in rtS8eneration of funds for the charity.
These Trustees have engaged with v3riou5 Other charities and advisers to ao*ance the object5 of charity, leading to further
refinernent of policies and the making of some irbity.al 8rants to very de5erwng causes.
The Tru5tee5 are lookin8 forward to developin8 their relat&onship5 Wtth appropri*e partner5 fvrt￿r and to the Charity making
real difference for those it 5UPPDrtS.
Support Provlslon Model
The primary focus is to provide fundin8 for tawtal purchases, the lar8e majority of which will be retained and madè bvailèble to
tharitsblÈ bodies for pÈppertorn rènts. This modÈl is intÈndÈd to put thè monies of thè Charity to use where thèy are needed
whilst and èllowin8 resources to be recovefed and redeployed il a pathcular need has passed.
Propethes under consideration vary from Stepwn8 Stone Housing to CampslLod8in8 to commercial property such as office spèce,
reco8nisin8 that apprepriate back office support is important fof charitlÈs to operate efficiently.
Some funds are to be mède èvailèble for one off non-capTtal grants. These will noM)a1￿ be well established reciplents where the
Trustees are safjsfied that this Is the op￿mal wtyto meet the Identilied objecVNes.
We are reviewng the potenttèl of some borrowing to help chariites this programme and have been In touch ￿th an
or8anlsafjon called Social & Sustsinabilitycapital in this regard.
This model ensures the Trust grow5 ower time as its cawal valve inUe￿$ and also ensures that charities to whom we Eive these
propertyes for their use do, in fact. deliverytheir purpw.
Publlc Benefit
The Tru5tee5 have complied wth their duty irb Section 17 of the Charities Art 2011 to ha¥e due re￿r￿ to the 8uidHnce published
bythe Charity Commi55ion.
Stvate8ic rewl
The description under the headings 'Athi￿eMentS and perforrnaThce" and "Finanual review" rneet the comp3ny law
requirements forthe trustees to present a strategic report.

HELP TO CREATE HOPE TRUST
TRUSTEES. REPORT IINCLUDING DIRE￿oR5. REPORT AND sfRATEGIC REPORT) {CONTINUEDI
FOR THE YEAR ENDED 31 AUGUST2023
hle¥ementsand perfornian¢e
In the short period of time that we have been acD¥e. it has becomeouite dear that there is an Immediats need for 5tepping5tone
Housing. fillinE a gap In current pr￿l$lOn$. However. the Trustees fed that there is a need for Mentsl Health help underlying many
of the acute issues the ether proJectS seek to addres&
To complement our bricks and mortarcontributions and vjith the objective of reducing need in the long term, we are also going to
fund development of a Mental Health Self-Help App vjhich will be made availableglobally. for free. We are currently workingwith
two parbes Stephanie Coddington and Shan Kap13n In this regard.
The receipt of previou5funding is not a barriertofijrthergranls fr¢yn thecharity. The Trustees believe that longterm p3rtner5hips
can be more eflicient vihere the go41$ of the charthe5 are c105ety aligned.
The Tru5tee5 are in the pr•¢e5$0f linalisin8theirgrant makingpoliry.
Value Guldèllnts I-￿$1 Oaniforthe BI￿￿)
Unfortunately, the Trustees, experience of philanthiopy over the years has been that there is a s*nificant issue in the charltable
sector of Inefflcient and poor flnancièl mènè8ement. It is, in part, for this reason that the Fund￿8 Model Is as outlined above as
this 8lves us control and ensureswe work with best in class in any given category.
The Charlty's ethes Is to fund or support capital expendSture. creatlng a leBacy thatathjresses tc*norrow's needs aswell as teday's.
Nen-capltsl dona￿en5 may be COn￿dered but will be ¥ery orehJlty scrutinised and as well as the ubiqultous requlrement for
feedback from any funded activities. the Chanty will seek some inwl¥ement in the bud8etin8 and e￿u￿On of project5 where
there Is a perceived need for commerclal support lor the reciweTht.
The prlnclpal r15ks and uncertainties lacin6 the chèrity and 5ub5idiary at this 5ts8e relate to the urycertaintie5 around the new
project5 and investments outlined above.
Support pro¥lded to4ate
Having carefully laid the fromework lor its internol 8o¥ernantt and policie5. the Charity ha5 been pleased to have been able to
be8un mHkin88r4nts to deservin8fOUS¢S In the period Of this Report #nd in Ihe immedi•tely followiruperiod.
SubsequÈnt to thÈ year Ènd, the Charity wès pleèsed to provide ¢)vÈr E270.CO) 018rant fvndin8 to fme Small Thing's Hope Street
Projett, deliverin8 a safe and supportive Ènvironment for wornen and children in need of it.
Other projetts supported by thechaiitytodate include..
An8els for Ukraine- addressin8 the sulfefin8faced bythose displaced by Russian a88ression'
Royal British Legion Industries- expressins 8ratltude for the SÈNCÈ of those who have been part of our Armed Forces
nd who now need help In return..
Yellow Door- helpin8to fund conversion of a 8aia8e into a usable space from whlch to dellvertheir servlces.
Chlldren's Oncolegy Support Fund- a L15 charity SUPPOrted through our Amerlcan Charity Partner that helps d￿elOp less
toxlc treatments ef paediatric cancer. lessening SLthering intothe futvre.
Specifically in this accovnvng period, the Charity and Broup made a Erarbts of £lty).IKX> tw¥ds the instsllation of the EOSedBe
scanner in the new Imawngsuite at the Royal National Orthopaedic Hospital aTrd £125,121 to A550ciation Riga Tech Girls 2022.

HELP TO CREATE HOPE TRUST
TRUSTEES. REPORT IINCLUDING DIRE￿oR5. REPORT AND sfRATEGIC REPORT) {CONTINUEDI
FOR THE YEAR ENDED 31 AUGUST2023
Flnanclal review
During the year the Charity sold land for £64.5LNJ.£KKI. The Consolidated Ststement of Financial Activines shows net proceeds of
£60.973.266 after accounnng for the cost of the land of £3.526.734. In addition. the consolidated accounts of the Charity Include
£972.593 of Investment Income from InvesDng in low risk deposits. The Trustees are formulaDng an irwestment poliry which. as
noted In the reserwes policy, balance5 risk and reiurn and the shon and longterm plans of the Charitv.
The Trustees experienced some frustrabon wrth the hurdles they W to o¥ercome on the administratF￿ side, particularfy in
respect of the Banking sector.
A bank account W35estsbli5hed vjith NatWe5t Barbk injune 2023.
The Trust recewed its first materi41 funds in December 2023 and January 2024.
Reserves pollcy
Followin8 the sèle of the land and the si8fiifltani le¥¢1 of Iree te*rves at theyeaiend, thÈ trustees are in the pro¢ess or reviewin8
the reserves pollcy to take £onsiderafjon of the level, expected in%*stment returns and future fund*)g pro8rammes. The Chèrlty's
free reserves as èt the year end were £61.737.286 12022.. £4791. Group free reserves ¥Yere £61,443,256 12022.. a deficlt ef
£8,021).
The Charlty's wholly owned tradln8 subsSdSary repmed a loss before taxatton 01 £285.530. The Charity Is owed £387,254 from Sts
subsidiary and the accounts of Shanners Limited are in deficit in the sum of £293,930 12022.. defkit É8.4001. The deficlt has
reversed after the year end after the sale of a remainin8parcel of land in July 2024
The Charlty doe5 not ralse fundsfrom the publiG
Our Investment Model h35 been agreed with the helpol BarnettW*ldin8ham. an Independent FinancialAdvi50ry Firm.
The Investment Model ha5 a tsr8et of producin8 retvrn5 01 IO% p.a. Hall of these are expected to used immediately for
charitable purposes and holl of vihich will be reinvested to protert the principal of the charity into the future and generate further
fund5 to meet the larger grants that will be needed for 50me very exciting future projects.
As ambilous projects require an ambitk)u$ apwoa¢h to fundin& a small p(th1 of our investments will be in Venture Capltsl in
order to 8ÈnÈrète the returns that brin8 reèl gr0￿h to the tharity's funds. The Board are tonsciots of the potential risks in this
are and have asked Dr William Bri88s, a Trustee with experience in the se£tor to lead on this partof the overall strate8y. We have
3150 been 8uided by Wither5 LLP with re83rd to the le8al èspe£ts. The Trnstses. policy is not to invest in anyvc projects which may
be contrary to the objects of the Charity and to have a preference for technolo8iesthat supportthechèrivs goèls.
Key ilsks and un¢ertaIn￿e$
The Board are appoinfjng appropriate investmeni è(fvisers io proteu the assets and hnandal po￿1￿)n of the charity assets and
conslderlng other dlversified In¥estmentsto8eneratelurther valuelor tharirable purk*)ses ihe future.
Plarbsforfutu
The Trustees anticipated the receipt of more significant Val￿ in the following per￿d and intend to invest the majority of these
funds In order to secure the longevity of the company and to provide additional monies to fvrther tFe objects of the charity. The
Trustees intend to appty monie5 in extt550f those invested to make capitsl grants in order to support. 4mong5t other projects,
Vulnerable women 3nd children displatrd and in need due tothe arrned conlli¢t in Ukraine..
A medic31 unit forthe treatment and ￿habIlItation of aime<l ft>rtrs personnel and veterans at a hospital in Salisbury
A women's refuge in Hampshire
In accordance with the grant makingpolicy adopted bythe TTU5tee5 Other projLrtswill bp a)n5idprpd a5 Suitable applicatitins are
received. The Trustees are a150 pur5uingdi5tUS5iOn5to proactNety idertify potential larBe scale projett5for the Charityto SUPPOrt
through 8rant5.

HELP TO CREATE HOPE TRUST
TRUSTEES. REPORT IINCLUDING DIRE￿oR5. REPORT AND sfRATEGIC REPORT) {CONTINUEDI
FOR THE YEAR ENDED 31 AUGUST2023
The Future
The Trustees will continue to fund large and small scale capttal projerts and are fijrthef de¥elopin8 their partnerships in the
charitable sector to increase the reach and impact of the Chafrty.
By working with thesè partners thÈ Trusteès ère confident that tan awst in addressin8 lonw terrn needs. This will provide
relief from sufferingtoday arid help to tre*è hopelor thefirture.
Strnrturei 8o¥ern•nte and mana8eme
The ch3rity 15 3 company limited by guarantee, company nurnber. 13586993 (En￿and and W31e5I. It 15 a registered charitywith
the Charity Comrnis5ion for England and Wales IAegistered numbw 11958781.
The trustees, who are also the dlrertors for the putyose olu)mpany laK and who $￿ed duringtheyear and up to the date Df
Sl8n3ture of the Aninti31 statem*ntswere'.
Malcolm Thomas Patrick Gibney
Dr Wllliam Thomès Edward Bri88S
Paul Findlav
Nlcholas Davld Hewi50n
Michael Alari ShanlÈy
(Appointed 28 April 20241
(Rettred 23 Jat)uary 20Z41
(Appoifited 23 February 20241
Trustees are èppointed bydlre¢t èpproach from existln8 trustres havin8a ¢ofisiderallon olthe skills regulren)ents of the charity.
New trustees are inducted and trèined through theexisfjt)g Board.
None of the trustees has any beneficial interesi in the compa￿. olthe trustees are members of the company ènd guarantee to
contrlbute £1 in the event of a windin8 UP.
Havlng kept the needs ef the CharSty under rewew. InSfjal trumee. Nick He*lsoTh, rettred from the Board and another was
appolnted,
The Board of Trustee5 Is now estsblSshed wlth four Trustees. Makolm Glbney. Or Wllllam Br1885, Mkhael Shanley and Paul Findla¥*
who brlng a wlde ran8e of experttse and experience to the Charity.
Help to Create Hope Trust Is a re8lstered charityand i58thtrned by its Memorandum and Artkle501Association. The trustee
Board is re5pon5ible for setbn8 out the ongoiThg strategic direction and exercise all the power5 of the charity. There are no 5toff
employed by the charity, however the charity may recruit from time to bme as required by the needsof the charity.
Shanners Limited is a whollyowned subsidiaryof Help to Create HopeTrusL its sole diieclor 15 Mithal Shanley. Further detsils of
related party transaction5 are gwen in the note on Telated party transacliofis.
Audltor
In accordance with the company's athcle5, a resolution prop05ingthot HW fisher LLP be reappointed a5auditor of the company
will be put at a General Meetin&
Dlsc105ure of InforrrHtian to audltor
Each of the trustees has cenhrmed that there is no informamn of which they are awa￿ which is relevant io the audlt, but ef
which the auditor Is unaware. They ha¥e further confirmed that rhey ha¥e taken appropriate steps to identify such relevant
information and to establish that the audiior is aware ol such informamn.
The trustees, report. including the strategic report. was approved bythe Boèrd ofTrustees.
Malcolm Thomas Patrldl Glbn
Trustee
Dated..
09 Aug 2024

HELP TO CREATE HOPE TRUST
ATEMENT OF TRU￿EE5. RESPONSIBIUTIES
FOR THE YEAR ENDED 31 AUGUST2023
The trustee5. who are 31so the dirertQTS of Help to Create Hope Tru5tfor the of Lxjmpany L3w. are ￿sponSible ft>r preparing
the Trustee5' Report and the financial staternents In accordance with applirable law and United Kingthm AcLx)untin8 Standard5
Iunited Kingdorn Generally Accepted Accounting Practice).
A combination of Company Lèw and Chèrity Law requires thE trustÈes to financial stbtÈmÈntsfor eath finbntial year which
8lVÈ a true and fair viÈ¥v of thÈ st*e of affairs of the 8TOUP and the parènt Charity ènd of the in¢Dmin8 resources ènd application of
resources, includin8 the in£ome ènd expenditure, of tht group foi that ￿11.
In preparin8 these flnantial ststements, the trustses are required to=
- selett suStable accoUn￿n8 policSes and then apply them consSstentlv.'
- observe the methods and prindples In the CharStiesSORP;
- make judgements and estimates that are reasonable and prudent.. and
- prepare the linancial Statements on the Roing concern t￿15 unle55 it is inappropri*e to presume that the charity will continue in
operadon.
The tru5tee5 are re5pon5ible for keepin8 adequate accounting record5 that disclose with reasonable 3ccurocy at any time the
Hnoncial p05ilion of the group and enable them to ensure that the financial ststernents comply with the Companie5 Act 2CY)6 and
the Charitre5 Act 2011. They are also responsible for safe8vardin8 Ihe as5et5 of the 8roup aThd hence for tskin8 re350noble step5 for
the prevention and detection of fraud and other irre8ulwitie5.

HELP TO CREATE HOPE TRUST
INDEPENOENT AUDITOR'S REPORT
TO THE MEMBERS OF HELP TO CREATE HOPE TRusr
Oplnlon
We have audited the h-nancial ststements of Help to Create Hope Trust Ithe'parent charity'l and is subsidiary (the 'group'l for the
year ended 31 August 2023 which comprise the consol￿81ed statemenr of financial activitres the consolidated and charity balance
sheets. the consolidated statement of cash flows and the notes to the finanoal stsrement5. including SI￿1￿cant accounllng policies.
The financial reporbng framework that has been applied in their preparat￿n is applicable law and United Kingdom Accounbng
Stsndards. including FRS 102 The Finonciol Repomng Stondord opplicoNe in ihe UK ond Republic ol Ireland (United Kingdom
Gener311y Accepted Accounting Pracbttl.
In our opinion, the financial ststernents..
Eive a true and fair view of the state of the group's and parent chariVs affèirs a5 at 31 AuEUSt 2023 and of the group's
incoming resources and application ol rewurces. including its income and expendirure. for the yearthen ended..
hève bÈen properly prepared in attordantè with United Kingdom Generally Attepted Attountin8 Prartite,. and
have been prepared In accordance with the requirementsof thecompanies Act 2LX)6 and the Charitie5Act 2011.
Ba51s fw pplnlon
We conducted our audlt In accordafi￿ wlth International stsndafds on Auditkn8 IUKI II&As IUKII and appllcable law. Our
responsibilines under those standards are further described in the Auditors responsibilifteslor rhe oudir ol rhefft"nonciol starements
secfjon of eur report. We ère independent ol the group in accordance wilh the ethical requirements that are relevant to our audit of
the h-nincial statements In the UK. including the FRC'S Ethical 5randard. and we hawe fulfilled our other ethical respon5ibililles In
accordance with these requirements. We believe thai the ￿di1 evidence we hawe obtained Is sufhcierrt and appropriate to provide
basis for our opinion.
Concluslons retsYfi8tO8dn8 con¢erD
In audifjn8 the h"nancial statemenis, we have concluded ihat the trustees, use ol the goln8 concem basls of acCoun￿ng in the
preparatton ef the financial statements isapproprSats.
Based en the work we performed, we hève not ￿entilied any material uncertainfjes relating to events or condifjons that,
individually or collectively, may cast signifi.cant doubi on the ￿0￿p.$ and parent charity's a￿'lIty to conttnue as a goln8 Con￿rn for a
perled of at least twel¥e months from wheTr the fi.nancial statements areauthorlsed for issue.
Our responsibili￿e9 and the responsibilitres of the trustee5With resFe£t to 8oin8 concem are described In the relewant sectbons of thls
report.
Other Inform•Yon
The other informafjon Comprises the Informatlon Sncluded in the annual report other than the financial stètements ènd our auditor's
report thereon. The trustees ère responsible for the other Infomiation Contained within the annual report. Our opinion on the
financlal statements does net cover the othei Infomation and. except to the ertent otherwise emplicitly stèted In our report. we do
not express any form of assurance conclusion thereon. Our responsibility is io read the other Inforwtion ènd. In doing so, consider
whether the other informatron Is materially inconsistenr with the financial sratements or our knowledge obtained In the course of the
audit. or otherwise appears to be materiall¥ misstated. 11 we identyfy such material inconsistencies or apparent material
misstaterrents. we are required ro determine whether this gi¥es rise to a material misstatement in finanoal ststements
themselves. If. based on the woik we h￿e performed. we condude that there is a material misstatement of this other informalion,
we are required to report that fact.
We have nothin8 to report in this regard.
Oplnlons on other matter5 presulbed bythe CompanlesArt 2(
In our opinion, based on the work undertaken in the course of oui audtt".
the inforrnation 8iven in the tru5tees' report. which intlude5 the dire(tor5' Teptrt and the strategic report prepared for the
purposes of cornpany law, for the linèncial yeèr foTwhi£h the financièl 5t*etnent5 ère prepared 15 con5i5tent with the linancial
ststement5,' and
the strategic report and the dirertors, report induded ￿th1Th the trv5tee5' report have been prepared in accordance with
applicable legal reqU1￿Ments.

HELP TO CREATE HOPE TRUST
INDEPENOENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF HELP TO CREATE HOPE TRusr
Matters on vthi¢h we are requiredlo repwt by wepti
In the light of the knowledEe and understandinE of the group and parent charity and their environment obtained In the course of the
audit, we have not identtfied material misstatements in ihe stra￿gi¢ rewrt of the directors. report Included within the trustees,
report.
We have nothing to report in respect ol the following matters in relation to which the Companies kt 2LX)6 requires us to report to
you if, In our opinion..
adeouate accoUn￿n£ ￿tsrds have not been kept by the parent £hèrity, or returns adequète fer our audlt have not been
received from brènches net visited by us,. or
the parent charity'sfinanci315t3tement5 are not in agreement with the arrDuntin8 rec¢)rdsand return5.' or
certain disclosures of trustees. remuneration specified by laware not made. or
we have not re¢eNed all the inform￿orb and explanaiionswe reqyiref¢r our audit.
RÈspomslblllt6esof tru$ts*s
As explained more fully in the ststement of trustees. responsibilthe5. the tru5tee5. who are also the director5 of the chority for the
purpose of company law, are responsible for the preparation of the financi31 ststernents and for being satisfied that they give 3 true
and fair wiew, and for such internal control as the trustees determine 15 necessary to enable the preparation of linancial ststements
that are free from material mi55tatement. whether due to fraud or error. In preparing the financial ststements, the trustees are
re5pon5ible for a55e55in8 the 8TQUP 5 and pareTht chority'5 ability to continue a5 a 80ing concem, disclosin& a5 applicable, rnatters
reloted to going concern and using the going conrern basis of accovntiThg unle55 the tru5tee5 either intend to liquidote the grovp or
pèrent charitsble company or to cease opprattons. or have rbo realistic alternative tmjt to do $0.
Audltty's r¢sponslbllltl¢sfor th* *udbt 01 th¢fin*n¢S11 st*tem¢rfs
Our objects*s are te obtain reasonable assurance about whether the financial statements as a whole are free from material
misstaternent, whether due to traud or erior. and to issue an auditor's report that includes our D￿riOn. Reasonable assurance 15 a
high level of a$5urance bur Is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a rnateri31
misstaternent when It exists. Misstatements can arise from fraud or error and are considered material if, individually or In the
a86regate, they could reasonably be expected to infivence the economic decisions of Users tsken on the basis of these financial
ststernents.
Irre8ularitte5, includin8 Iravd. are instances of non-complionce with law5 and regulations. We dey8n procedures in line with our
rÈ5ponsibilities, outlined ab¢Jve. to detect material mi55tatements in re5pe£l of irre8ularities, indudin8 fraud. The extent to which our
procedures ore upable of dtt¢thn8 irre8ularities. in¢lydin8 fr¥ud, 15 detsiled below.
As part of our plannin8 protÈss'.
WÈ Ènquired of rnèna8Èment the wtems and tontrels the charity has in plate, the areas of the frnantial ststements that are
m05t susceptible to the risk of irre8ularitiÈS and fraud, and whether there was any known, 5USPPCtÈd or Èlle8ed frèud. The
charity did not inform u5 of any known, suspÈ£ted or alIe￿d frèud.
We obtained an under5tsndin8 of the le￿1 and regulatory framewoths applicable to the company. We determined that the
fellowin8were most relevant". the Charity SORP.. FRS 102., the Companies Att 2(￿ and the Charitles A£t 2011.
We considered the incentSves ènd opportunTtbes that exisi in the chèrity, includin8 the emtent of mèna8ement blès, which
present a potential for irreÉulanttes and fraud to be k*rpetu3ted. and tsilored eur risk assessment èccordin81y.
Using our knowledge of the charity. together with the dixussions hel¢J with the charity at the planning stsge. we fermed
conclusion on the risk of misstatement due to irie8ularit*s includin8 frèud and tailored our procethres accordinÉ to thls rlsk
assessment.

HELP TO CREATE HOPE TRUST
INDEPENOENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF HELP TO CREATE HOPE TRusr
The key protrdure5 we undertookto detect irre8ularthe5 includingfraud during the course oftheaudit included..
Identifyingand testin8 joumal entrie5and the ovewall accounting record5. in particularthosethat were si8nrficant and unusual.
Reviewin8the linanci315t3tement disclosures and determinin8 whether accountin8 PDliciEs have been appropriately applied.
Testing key revenue line5, in parkncular cut-olf. for evidenceof fflanasement bias.
AssÈssin8the extÈnt of compliancÈ, or13ck of. with the rdevant lèws and Te8ulatlMs.
Obtaining third-party tonfirmation of materièl bank balances.
DocUmen￿ng 3nd verity'ng èll siÉnifltsnt related party balances aThJ transactlons.
Revie¥vin8documentst*n for dI￿u$S1O￿S of lrre8u1af￿eS i￿luding fraud.
A further descrlpfjon of our responsibilities is available on the Financial Reportln8 CouncS1'5 webslte at." https..Ilwww.frc.or8.ukl
udltorsresponslbllifjes. Thls description forms pèrt of ouc auditor's report.
Use of our report
Thi& report is fflade solelytothe thaiitawe coM￿￿Y'S ￿ffiber$. •$• body. in 4¢¢0Td•r￿¢w•th Chapter 3 of Part 16 of the Companle$
Att 2006. Our audit work has been undertèken so that WÈ mi8ht stste to the tharitable tompany s Mom￿1& those mètters wo arè
required to state to them in èn auditors, ieport and for no other purpose. To the fullest extent ￿mitted by law, we do not èccept or
assume responslbility to anyone other th3n the charitable tompany and the chafitable compafiy's membus as a body, for our èudlt
work, for thls report, or for the opinions we have formed.
Andrew Rlch Isenlorststutffj Audthl
lor •nd on ts•￿1101 HW F15h•r LLP
ChÈrtered Accountènts
Statutory Auditor
Acre House
11-15 William Road
London
NWI 3ER
Unlted Klngdom
09 Aug 2024

HELP TO CREATE HOPE TRUST
CONSOLIDATED STATEMENT OF FINANCIAL AcnvmE5
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST2023
Unrestricted
lunds
2023
Unrestricted
funds
2022
Donations and legacies
Investments
Other income
7.495
972,593
60,973,266
Total Irbcome
61,945,859
7,495
Charitable activitie5
494,582
15.516
Net Incomellexpendlturel for the￿1/
Net m+)vÈment In lunds
61,451,277
18,0211
Fund balances èt i September 2022
18,0211
Fund ￿16￿¢¢58t 31 Au8USt 2023
61,443,256
18,0211
The statement of financial athwttes includesall gainsand losses retO8nised in the year.
All Income and expendlture derl¥e from con￿￿ulngaC¢￿fjQ$.
The statement of financlal actlwttes also complles wfth the requSremenis lor an Income and eMFendlture account under the
Companie5 Act 2(￿6.

HELP TO CREATE HOPE TRUST
CONSOLIDATED AND CHARITY BALANCE 5HEEts
ASAT31 AUGUST2023
Charlty
2023
2022
Flxed assets
Investments
li
80.378
80,478
loo
Current asseis
Stotks
Debtor5
Cash at bank and In hand
64,933
615,818
61,221,532
2￿57,025
2.589
530,677
14
984,607
60,706,041
507,491
61.902.283
1539,4051
3.3￿,291
13.398,3121
61,690,648
133,8401
507,491
1507,1121
Cr¢dltors'. •moynts lalllng wlthln y¢•r
Net current assetslll1èbllb￿esj
61,362.878
18.0211
61.656.808
379
Total assets less tutyent Il*blllt5es
61,443,256
18,0211
61.737,286
479
In¢ome lunds
Unrestricted fund5
61.443.256
18,0211
61,737,286
479
The charitable £ompèny's net intomefor theyear was £61,736.80712022'. net income of £4791.
09 Aug 2024
The financlal statements were approved by theTrustee50n.........................
Malcolm Thomas Patrick Gibnev
Trustee
Company Reostraiion No. 13586993
10-

HELP TO CREATE HOPE TRUST
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 AUGUST2023
2021
2022
Cash flows from operatln8 aCtl¥llle5
Cash (absorbed by118eneratÈd from owratksns
19
11.174.626)
530,677
In¥estlni ath¥Mes
Proceeds on disposal of tangible fixed a55ets
Purchase ef Investments
Investment income retèived
fA).973.266
180.3781
972.s93
Nettash ienerated fromllused Inl lrtvest6n8
61.865.481
Net f8sh used In atti¥ldes
Net Increase In (ash and ￿$h equlvalents
60,690,85S
530,677
Cash and cash equivalent5 3t be8inning of year
530,677
sh ush equlv41•nt5 èt end of ￿¥r
61.221.532
530,677
11

HELP TO CREATE HOPE TRUST
NOTE5 TO THE FINANCIAL ￿ATEmENTs
FOR THE YEAR ENDED 31 AUGUST2023
ounting poll¢ies
Charity irTrlormatioTr
Help to Create Hope Trust is a private company limited by Ruarantee incorporated in Enetsnd and Wales. The registered offi
15 Acre House. 11-15 William Road. london. NWI 3ER. United
1.1 Ac¢ountin8 Convention
The fi.nancial statements hève been prepared In accordance %vith the charlty's Memorandum and ArtIc￿5 of Associafjon, the
Companies Act 2W6 and'Accounllng and ReporrinÉ by Charities". Statement of Recommended Practi￿ applicable to charifjes
preparing their accounts in accordance with the Finanoal Reportingstandard applicable in the UK and Republic of Ireland (FR5
1021 leffecn¥e i January 20191" The charity isa Public Benefit EnDty as defined by FRS 102.
The financial statements are prepared tn Sterli￿ whith is the fvnctional currency of the charity. Monetary 3mount5 In these
linancial statements ère rounded to the nearest £.
The flnancial 5taternent5 hawe been ple￿re￿ under the histlyical c05t convention. modified to In¢￿de certoin financial
instruments at fairvalue. The princspal poliries adopted are set out below.
The 8roup flnon¢ial staternenis refie¢t the results and ¢ombined An•n¢ial posi￿On Of Help to Create Hope and Shanners
mitèd. As permitted by s408 of the Compan*s 2(￿, the parent charitable company has not presented Its own in¢ome
nd expenditure account and rei*ed notes.
1.2 Golni concern
At the time of appro￿n¥ the hnancièl Statements, the trustees have a reasonable expertation th* the charity ha5 adequate
resources to conttnue in operaOoThol existence fly the foreseeable futu￿. Thus the trustees conttnue to adopt the 80ing
oncern basis of 4rrounfjn8in preparing the financial statements.
1.3 c￿TI￿bIe fund5
Unrestritted funds are avallable for useatthe discretkn of the trusiees in furtheranceof theircharitsble oblecfjves.
1.4 In¢¢m¢
Income Is recegnised when the chartty is legally entitled io rt after any perforniance condltions have been met, the amounts
can be measured reliabty, and it Is probable th* Income will be receNeLI.
Cash donafjens are recognised on receipt. Other donafjons are reco8nised once the charity has been notlfied of the donatton,
unless perfermance condi￿On$ require deferral of the amount. Income tam recoverable in relatbon todonattons re￿iVed under
Glft Ald or deeds of covenant is recoRnised * the tsme of the donation.
1.5 Expendlture
abilires are recognised a5 expenditure once there is a legal or constructive obligation commrtting the charity to that
expenditure, it 15 probable that settlement will be required and the amountof theobligaliw can bemeasured reliably.
All single charitable aLtnity in the slatement of firbancial artiVit￿5.
Governance costs comprise all costs in¥olwng the puNic accountsncy of the ch3rity and its compliance with regulation and
good practice.
1.6 Flxed as￿ Itwestments
Fixed 355et Irive5tments are initially mea5Uted at tran5attiorb price excluding transaction 105ts, and a￿ subsequently measured
at fair value at each reporhn8 date. Chan8e5 in fair value aTe Te(08nised in net incornellexppnditurel for the year. Transachon
Costs are expensed a5 incurred.
12-

HELP TO CREATE HOPE TRUST
NOTE5 TO THE FINANCIAL ￿ATEmENTs (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2023
Accounting policie5
Icontinuedl
1.7 sioc*s
Stocks are stètÈd at the lower of tort and Èstim*ed sellin8 prite less tosts to tomplete and sell. Cost comprises direct
materials and, where applicèble, dirert lèbour costs and those o%*rheads that ha¥e been incurred in bringing the stocks to
their present Ioc*ion and condffjon. Items for distiibutton at no or nominal considerafjon are measured the lower of
replacement cost and cosi.
Net realisable value is the e5tr"mated selling prKe less all ethmated costs of wmpletion and to be incurred in marketingi
sellin6 and distribution.
1.8 Cash and (ash equlvalents
Cèsh and cash equivalents include Cath In hand, deposits held at call wlth banks, other short-term Ilquld Investments with
ori8lnal maturifjes of three months or less, and bank o¥erdrafts. Bank overdrafts are shown wlthln torrowings In current
1.9 Flnantlal InArumeffts
The tharity hès elÈtted to apply the provisions ol Sethon 11 Wsl¢ Finantyal Instrument< and Sethon 12 '(Xher Financial
Instruments Issues. ol FRS 102 to bll of itsfinancial instruments.
Flnèncial Instruments are reco8nised in ihe tharity's balafft￿ sheet when the charity becomes party to the contractual
previsions of the instrument.
FSnancial assets and Ilabllittes are oftset. with the net amounts presented In the financial statements. when there Is è legally
enforceable dght to set off the recognised ￿0￿nts3nd there Is an it)tentrJn to settle ot) a net basis or to realise the asset and
Bo51cllnundolo55ets
Basic financial assets. which include debtors and cash and bank balances, are ini￿allY measured a transècfjon price including
trènsathon costs ènd are subsequently carried at amorfjsed cost using the effethve interest method unless the arran8ement
Cons￿luteS a finèncin8 transèthon. where the transèthon is measured at the present vèlue of the future receipts discounted èt
a market rate of interest. Flnanoal èssetsclassified as receivablewithin one year are t)ot amortlsed.
8osfcfltwnclolliubllllles
Basic linancial liabilities, intluding tfeditors and bank loans arÈ initially rÈtO8nikèd at transbttion pritÈ unlÈss thè arran8ÈmÈnt
ton5titutes è financin8 transaction. where the debt instrumÈnt IS mÈa5ured at the present value of the future pbyments
discounted at a market rate of interest. Fina￿la1 liabili1Ses dassrf*d as ptyable within one year are not amortised.
Oebt instruments ère subsequentlycarried atamortlsed wst. usin8the effecfjve interest rate meihod.
Trade crediters are obligations to pty for goods or seNces that hève been acquired in the ordinay course of operattons from
suppllers. Amounts payable are classified ès current liabilit*s if payment Is due within one yeèr ty less. If not, they ère
presented as non-current Iièbilittes. Trade creditors are recognised inifjally at transactton price and Subsequent￿ measured
amorttsed cost usingthe effetbve interest method.
Derecounillon olAl*wnclolNobllldes
Financial liabilities are deretognised when the charl￿$ contrattual obliWonsexpire(*are discharged or cèncelled.
13-

HELP TO CREATE HOPE TRUST
NOTE5 TO THE FINANCIAL ￿ATEmENTs (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2023
Accounting policie5
Icontinuedl
1.10 Ba51s of consollthfjon
The consolidated linèncial ststÈmÈnts intorporate those of Help to Cre*È Hope Trutt and its subsKliary li.e. the entity that the
Group controls through its power to 8overn the financial and operatln8 pollcies so as to obtain ecoryjmic benefitsl. Thelr
results are incorporated from the date that control passes.
All Sntra-Eroup transactions. balances and unrealSsed gains on transathons between group companSes are ellminated on
consolidallon. Unrealised losses are also eliminated unless the iraDsacDon prwdes ewdence ef èn Impairment of the asset
transferred.
Where necessary, adjustments are rnade to the financial ststements of suby"diary to bring the accO￿ting pollcie5 used into
line with those used by other members of the Group.
Cr1￿￿1 •c¢ountln8 e5tlm•les•ndludyfflents
In the application of the Charity's acCoUn￿n8 policie5. the ¢rv5tee5 are required to make judgernent5, estirnHte5 and
assumpdon5 3bout the orrying amount of asset5 and lia￿'11t6e5 that are ntst rÈadily apparent from othèr 50urtÉs. The
es￿rnat*S and a5SOClated ès5UmPtIMs are based +2n histtyKal experience and other lartors that are ¢onsidered to bt relevant.
Actual results may differ from theseesttmates.
The eslmates and underlyin8 assumpdons ère reviewed on an ongoin8 bèsis. Rewsions to accountlng estlmates are reco8nlsed
in the period in ¥vhich the esttm3te is revised where the revision alle£ts onty that peried. or in thè period of the revlslon and
future periodswhere the fevision affects both turreni and future periods.
Caltulatlon of cost value of l•nd ilfted to Help toTreate Ilope Tru
The estirna¢e5 and a55umption5 which ha¥e a Si8nifiun¢ risk ol • m*erial adjustment to tFt ¢arryln8 amount gf assets
and liabilitiès Ère as follows. The ¢ost value of land disposed of is determined by rÈferèn¢e to the proportion of ovÈr811 sales
value.
Domttthis •nd le8ades
Total
funds
2023
2022
Donation5 ènd gift5
7,495
In¥e#ments
Unrestrlcted
funds
Totsl
2023
2022
Interest retÈiv3ble
972.593
14-

HELP TO CREATE HOPE TRUST
NOTE5 TO THE FINANCIAL ￿ATEmENTs (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2023
Otherlncorne
Unrestricted
Total
lunds
2023
2022
Net gain en disposal of tsnwble fixed assets
60,973.266
The land was donèted byshènners Limlted, the whollyowned trading subsId1￿0￿ 19January 2023. The land was sold bythe
Charily on 19 Januèry 2023. The gait) on sale of the property is calculated ès the dillerence betwew the totsl sales proceeds
of £64.500.CQO less the £ost of the land origSnally held by the subsidiary1£3,526,7341.
Ch•rltableaCtl￿fIe5
Support lor
wlnerable
persons
2013
Support for
¥ulnerable
person$
2012
Grant fundln8of acd¥￿e$ Isee note 71
225.121
Share ef svpport cost5 (see note 81
Share ef governance costs (see note Bl
155.339
114,122
5,504
10,012
494,582
15,516
Grnnts piy•bl
Support for
Yulnernble
persons
2023
2022
Grants to in5titution5'.
RNOH Chèrity
A550ciation Ri84Tech Gir15 2022
100,rA)o
125,121
225,121
15-

HELP TO CREATE HOPE TRUST
NOTE5 TO THE FINANCIAL ￿ATEmENTs (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2023
Support CQ5ts
ZOZ3 Support costs
Gevernance
costs
2022
Bank charges
Sundry
Legal and professlonal
Land valuation service5
Legal advice- charity
Investment athiice
179
120.324
5.725
179
120,324
5,725
io
732
4,762
io
732
4,762
9.ljl
Is.c#)J
9.111
15,C4)J
Audlt fees
Accountsncy
18.(K#)
96,122
18,ClXI
%,122
10,012
10.012
155.339
114.122
269,461
10,012
15,516
Analysed between
Charitsble activithes
155.339
114.122
269,461
10,012
15,516
Governance costs Includes payments to the audltors of £18.ffO12022- £nlll for audSt fees and £29,03612022'. nlll for tsx
advice to the Charity and £23.42112022.. £10.0121 lor the subsidiary.
Trustee5
None of the tru5tee5 lor any person5 connerted with theml recei¥*d any rernuneratlon or benefits from the charity dvring the
vear.
Malt•lm Glbney, è trustee of the Charity, ￿e1Ved • fee of £6CKI.(KQ ifi ¢oNne¢tion with his negotiation of the sale of the land
by Shanners Lirnited. The fee was pbid bySh•nners along wilh £3,394 in rel•ted expen*s reimbur*ment.
A sum of £IIS,CQOwas pèid to Ameribritventures LLQ atompany irtLYporated in Florida, U.S.A, of which Michael Shanley 1$ 8
direttor.
io
Employees
The a¥era8e menthly number ofeM￿O￿ durin8theyearwa
2023
Numbtr
1022
Number
Totèl
16-

HELP TO CREATE HOPE TRUST
NOTE5 TO THE FINANCIAL ￿ATEmENTs (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2023
li
FIMed asset I￿￿￿tments
Group
Unlisted
In%*51ments
Other
investments
Total
Cost or
At I September 2022
Addifjons
80,373
80,378
At 31 AuEUSt 2023
80.378
80,378
C•rryln8 amount
At 31 August 2023
80,378
80,378
At 31 August 2022
Ch•r
Unllsted Investment In
In￿Stments
wb51dl•ry
Total
Cost or
At I September 2022
Addilons
loo
100
80,378
80,378
At 31 August 2023
80,37B
loo
80,478
Carylni amount
At 31 Avgust 2023
80,378
IOD
80,478
At 31 Au8USt 2022
IOD
Ico
Subsldlarles
Details of the charity's subsidiariesat 31 August 2023 areaslollows..
N•me of undertakl
Re￿￿ered
Nature of bU￿￿e$S a•55 01
share5 held
% Held
Dlrect Indlrett
ShannÈr5 LimitÈd
Atre House, 11115 William Road.
DÈveloKxnentof
London, Untted Kingdom, NWI 3ER buildin8 projects
Ordinèry
Ico.
17-

HELP TO CREATE HOPE TRUST
NOTE5 TO THE FINANCIAL ￿ATEmENTs (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2023
Group
2013
2022
Finished S￿d$ and 8(x)ds for iesèle
64,933
2,857,025
14 Debtars
Group
2023
Cha￿ty
2023
2022
2022
AmouTht5ts111ni due wlthlD one ￿11.
Amount5 owed by 5ub5idiary uThdertakin85
other debtors
Prepayfflents and èc¢rued ineomt
387,254
1,902
595,451
20,367
595,451
2,589
615,818
2,589
984,607
Credltor5.' •mount5 tslllngdue wlthln one yèar
Group
102$
Chèvlty
2023
2022
2022
Trade credltor5
Amounts owed to subsidiary undertèkin8S
Other creditor5
Accruals and deferred income
5,711
503,075
100
3,937
3,385,664
6,937
IOD
33,740
S39,405
539.405
3,398,312
33,84Q
507,112
16
Members, ilablllty
The cempèny Is limlted by guarantee, not havinRa sharetapitsl and consequentlythe liability of members Is Ilmlted. subject to
an undertaking by each member io contribute to the net assets or liabiliDes of the company on windiig up such amounts as
may be required not exceeding £1.
17
Prlor year adlustment
The prior ye3r 3dju5tment rel3te5 tothe £h3rity's i>wn account5 only, it represent53 sum of £5[￿,(￿ treated in the prior ye3r
as 3 donation from Shanners Limited, the wholly owned subsidiary. Shanner5 Limited, did not have ary distributable profits to
which a Gift Aid donation would be p￿rnItted. The 5urn was recla55ified a5an interiompanytransaLton.
18-

HELP TO CREATE HOPE TRUST
NOTE5 TO THE FINANCIAL ￿ATEmENTs (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST2023
Rdated partytBnsa¢tian$
Malcolm Gibney, a tru5tep of the ChaTty. re￿Ned a fpe of £6m.¢XXI in umnertion with hi5 negotiation Df the Sale of the land
by Shanners Limited. The fee was paid by Shanner5 timited ak>ng with E3.394 in related expenses reirnbursernent and is
included in the total land lost5 donated.
As at 31 Au8USt 2023, the 8roup owed nil12022.. £2.885.564 owed tol to Michael Shanley, one of trustees. In èddition. a sum of
£115,0(MJ was paid to Amerlbrit Ventures LLC, è company incorporated In Florida, U.S.A, of which Michèel Shanley is è director.
19
Cash 6efièr*tsd fv+)rn opev*tbty
2023
2022
Surplu511deficitl forthe ￿ar
61.451,277
18.0211
Adlu5trnent5for.'
Investment Income reco8nised in statement of financial actiwties
Galn on disposal of tanwble ass¢ts
1972,5931
160,973,266)
Mevements in workln8 tèpitèl..
Decrease/lincrea5el in stocks
2,792,092
1613,2291
12,858,907)
12,857,025)
12,5891
3,398.312
IDecreas¢lllncreast In ¢rediiors
Cash 1*b￿rbed byllynernted from tyeraiiohs
11,174,626)
530,677
20
An•lWs ofthanw In net funds
The charity had no debt durin8the year.
19-