HOPE KITCHEN FOUNDATION
Financial statements for the year ended 31 December 2024
Registered charity (No. 1196572) in England and Wales
HOPE KITCHEN FOUNDATION
| Administration | 1 |
|---|---|
| Trustees | 2 |
| Directors’ report | 3 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 |
HOPE KITCHEN FOUNDATION ADMINISTRATION
Registered office address
25a Soho Square London W1D 3QR Registered charity no: 1196572
Secretary & Treasurer
Jackie Donnina c/o 25a Soho Square London W1D 3QR
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HOPE KITCHEN FOUNDATION TRUSTEES
Trustees (in alphabetical order)
Mrs. Jackie Donnina Ms. Inge Theron Ms. Tesse Easingwood
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HOPE KITCHEN FOUNDATION TRUSTEES REPORT
Trustees report for the year ended 31 December 2024
The trustees present their report and the financial statements for the year ended 31 December 2024. This report is prepared in accordance with the Charities Act 2011 and the Statement of Recommended Practice “Accounting and Reporting Charities” (revised 2008) issued by the Charity Commission in March 2005.
Trustees’ responsibilities
The Charities Act 2011 requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing those financial statements, the trustees are required to:
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Select suitable accounting policies and then apply them consistently;
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Make judgements and estimates that are reasonable and prudent;
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Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in existence;
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Determine how amounts are presented within the statement of financial activities and balance sheet having regard to the substance of the reported transaction or arrangement, in accordance with generally accepted accounting principles or practice.
The trustees are responsible for keeping proper accounting records which disclose the reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Objective principal activities
The charity was created under a Trust Deed dated 4 August 2021 under a scheme
approved by the Charity Commissioners. The principal activity of the charity throughout the year was to receive donations and donate monies for charitable purposes for the benefit of the public in any part of the world as the trustees may, in their absolute discretion, think fit. The trustees will continue to consider applications for donations and will make such donations as they think fit in the foreseeable future.
Financial review
The charity had a position for the year of £nil (2023: £nil) and made charitable donations in the furtherance of its objectives of £15,475 (2023: £15,475).
The trustees are satisfied that the objects of the charity continue to be achieved.
Trustee appointment, induction and training
The existing trustees have the power to appoint new trustees to fill specialist roles. When considering any new appointments, the trustees have regard to the requirement for any specialist skills needed to assist in meeting the charitable objectives.
New trustees are briefed on their legal obligations under charity law and the contents of the charity’s constitution. They are also advised of the decision making process, the principal activities and the financial performance of the charity. During their induction, new trustees meet key trustees and are also encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.
Reserves policy
The charity’s reserve policy is to retain a sufficient level of reserves to make charitable donations.
All the funds of the charity are unrestricted.
Statement as To Disclosure of Information
So far as the trustees are aware, there is no relevant information of which the independent examiner is unaware, and each
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HOPE KITCHEN FOUNDATION TRUSTEES REPORT
trustee has taken all the steps that they ought to have taken as a trustee in order to make them aware of any information and to establish that they are aware of that information.
Public benefit Statement
The trustees have referred to the guidance in the Charity Commission’s general guidance on public benefit when exercising powers and duties in furtherance of the charities objectives.
The Trustees’ report has been prepared in accordance with the requirements of the Charities Act 2011.
Mrs Jackie Donnina On behalf of the trustees
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HOPE KITCHEN FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES
| For the year ended 31 December 2024 Notes INCOMING RESOURCES Incoming resources from generated funds Charitable donations 2 TOTAL INCOMING RESOURCES RESOURCES EXPENDED Costs of generating funds Charitable donations made 2 TOTAL RESOURCES EXPENDED NET POSITION FOR THE YEAR Net movement in funds Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Total Funds 2024 £ 19,000 19,000 (19,000) (19,000) - - - - |
2023 £ 15,475 15,475 (15,475) (15,475) - |
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The notes on page 7 form part of the financial statements.
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HOPE KITCHEN FOUNDATION BALANCE SHEET
As at 31 December 2024
| CURRENT ASSETS Debtors Cash at bank and in hand TOTAL CURRENT ASSETS CURRENT LIABILITIES Accruals TOTAL CURRENT LIABILITIES NET ASSETS Represented by: Capital account Income account UNRESTRICTED FUNDS |
Unrestricted funds 2024 £ 2023 £ - - - - - - - - - - - - - - - - - - |
|---|---|
Approved by the Trustees
Jackie Donnina For and on behalf of the Trustees 30 June 2025
The notes on page 7 form part of the financial statements.
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HOPE KITCHEN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (continued)
1. Accounting policies
The financial statements have been prepared in compliance with FRS 102, ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Hope Kitchen Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Charitable income
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable.
Expenditure
All expenditure is accounted for on an accruals basis and allocated to the appropriate heading in the accounts. All VAT has been included as part of the cost to which it relates.
Charitable expenditure comprises those cost incurred by the charity in the delivery of its activities for its beneficiaries. These costs include charitable distributions made.
Trustees’ remuneration and related party transactions
No trustees received any remuneration during the year. No trustees’ expenses were incurred during the year. There were no related party transactions in the year.
2. Charitable income
| Donations received Charitable donations Charitable donations Hope Kitchen TOTAL |
Total 2024 £ 19,000 (19,000) - |
2023 £ 15,475 (15,475) - |
|---|---|---|
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