Annual Report&Accounts Jan 2022- Dec 2022
The Hebe Foundation (established 2007) works
with young people to enable them to discover and use their talents . We help them build the positive character needed to sustain their talents and help others. We share a burning passion to see young people grow in every area, and for us to be able to provide them with the environment and tools for that growth. We create innovative, inspiring, educational and fun projects for all young people. Focusing on building young people up through quality work we set up and implement youth projects London wide, in response to consultation with the young people in the areas. These projects are positive and productive and serve to show our young people in a favourable light.
Foreword by the Chair of The Hebe Foundation Board of Trustees
Welcome to our annual report for 2022 financial year. This is my first report as Chair of the Board of Trustees for The Hebe Foundation, and I am delighted to be reviewing yet another successful year of operations and project delivery for our charity and its beneficiaries.
The Hebe Foundation is a charitable, not-for-profit organisation working for the benefit of young people and their communities. We exist to provide facilities for educational, recreational, and leisure-time activities for affected young people with the object of improving their conditions, character, and life prospects.
The financial year 2022 represented our first full year as The Hebe Foundation, a Charitable Incorporated Organisation (CIO) under the new registered charity number 1197091. You will see that this update in charity status from The Hebe Foundation South London - (RCN 1139610) allowed us to carry forward the valuable work of Hebe. In fact, this year marked our fifteenth (15th) anniversary year serving young people and local communities, kick starting our long-term strategic ambitions.
From humble beginnings in 2007, Hebe has grown steadily each year and established a track record for supporting young people, parents, and schools through the devotion of its staff and volunteers. This however would still not have been possible without your help. I'm very pleased to say that your generous donations have increased Hebe's reach, especially with more and more young people seeking our help. While many similar sized charities have struggled and been forced to turn away beneficiaries or even close their doors for good, Hebe has remained viable and free of charge for beneficiaries at the point of need. Thank you! Your future donations are also key to our continued success.
As Chair I have to acknowledge that even with your help, 2022 was perhaps the toughest year for fundraising amid a UK recession so soon after the pandemic, cuts to grant funding availability, and the tightening of belts in terms of corporate and individual giving. We continue to see a surge in demand for our existing projects and services as families and communities struggle with increasing cost of living pressures. In a very real sense, we have had to enhance our support to an increasing number of affected, vulnerable young people reporting mental health issues (e.g., depression, anxiety, and stress). Hebe therefore worked hard in the first quarter of the year to enhance our small but incredible team of specialist project youth workers and volunteers to directly address this need.
Given the realities of the current economic climate we are even more grateful and delighted that your generosity helped us raise £181,000 to enable direct project spending of £110,000 on a number of key projects during 2022.
With support from sponsors, grant makers, funding bodies and friends of Hebe and our fabulous staff and volunteers we can ensure that our projects remained meaningful and impactful. By investing in the future of a young person you also invest in the future of the communities that we serve. I hope that inspires you as much as it inspires all those in the Hebe family.
E Thompson
Erol Thompson Chair of The Hebe Foundation
Contents
1. Founder’s Message
2. Projects
3. Young People
4. Staff & Volunteers
5. Trustees
6. Partners
- Stats
8. Funding & Finance
1. Founder’s Message
This has been a busy year of change, growth, challenges, patience, and hope. We’ve seen the negative impact of the last 3 years really come into fruition in all areas of our work. The lasting effects on our young people have been evident, resulting in an increase in mental health challenges, and a lack of resilience and enthusiasm for life.
We walked in faith in 2022 and expanded our team to meet the demand for our work. The recruitment process was challenging, however the need to push through with our 7-year strategy to have greater impact on the young people we serve was paramount.
It was great to see Hebe get recognition for our work, through the growth in speaking engagements and collaborations we have been asked to be a part of.
As always, I must recognize and thank the Hebe team -Office Staff, Youth Workers, Trustees, Volunteers, Corporate Partners, Friends & Supporters for their constant hard work during an ever-changing landscape. Hebe is unable to function without the Hebe Team. As the Hebe family expands, we are excited about the team who will help maintain and develop the service we provide for young people.
Blessings
Amie Buhari
2. Projects
The Junior Apprentice
Our flagship project was nearly back to full strength this year. We chose not to have an online site and saw no covid outbreaks during the project.
We worked across 7 areas in London this year to deliver our flagship project: Heathrow site in the borough of Hounslow Clapham & Clapham Park in the Lambeth borough Tottenham in the Haringey borough Peckham in the borough of Southwark West Croydon in the borough Croydon Brockley site in the borough of Lewisham
We were still seeing the effects of not having the full support from our company partners. The majority of the Dragons Den’s took place online. We did see some funding come through from a couple of partnerships. We also increased the companies we work with, through using our Trustee networks. The blended approach to the project again for the second year had its challenges with internet connections and tech equipment for participants and staff. We also had a staff dropout due to covid, which left us short staffed at a few sights across the project.
The theme of The Junior Apprentice this year was ‘The Business of You’, 171 young people participated in the project.
OUR YOUNG PEOPLE SAY
“I feel like I’ve got more confident and I’ve got more comfortable when it comes to speaking to an audience.”
Jemimah Esenga, 13 years old, participant at Peckham
“At the Junior Apprentice it has really improved my confidence in talking I have learnt that I’m really good at leading and it will help me in the future if I wanted to run my own business being a manager and project manager for a company I have started to see that a lot of people like my personality and vibe I also wanted to be confident and overcome my nerves.”
Moeze Samuels, 13 years old, participant at Croydon
“I feel like my communication skills with other people and my general confidence has grown.”
Modupe, 14 years old, participant at Tottenham
“Discovering new gifts and talents and meeting new people (…) if I never came here I might not have figured out like that I like art or something and I wanna meet new people because it’ll grow like my social skills and I’ll get more friends.”
Elijah, 12 years old, participant at Lewisham
THE EXPERIENCE IN THE WORDS OF THE VOLUNTEERS
“It was great to see colleagues from across the business giving their time to the Hebe Foundation. The session was really well put together by the volunteering team and you could tell from the effort of the teams and the smiles on their mentors faces that they really enjoyed it. It was a really rewarding way to spend an afternoon”
Liverpool Victoria
“Seeing really strong points or view or research from young people, sometimes the younger ones in the teams. Seeing raw talent and confidence come through.”
Cambridge Associates
“There we some individuals who really stood out and their confidence and ability to stand in front of a daunting audience was something they should be proud of.”
Liverpool Victoria
“We participated on 4th and 11th August. The most inspiring moments came from seeing the growth in the young people between events. Some directly based on the feedback from the first event.”
Foursails Partnership
As with the last 4 years, we undertook quality monitoring & evaluation of the project in order to measure our impact and use the data to support future
funding and planning. This data provided us with useful and surprising. See extracts below:
Junior Apprentice Programme 2022, evaluation summary
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Data on young people signing up Junior Apprentice 2022 points to the project’s continuing appeal. 213 young people signed up, an increase of 11.5% compared with 2021 which in turn attracted higher numbers than 2019 and 2020. 171 young people went on to take part, spread across 7 sites from Croydon to Tottenham and Lewisham to Hounslow.
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Participants ranged in age from 8 to 17 with the largest concentration in the 12-15 age group. Continuing a trend from 2021, girls and young women outnumbered boys and young men by a ratio of 6:4. A substantial majority of participants were of Black or Black-British heritage, with smaller numbers identifying as Arab, Asian, British or mixed race.
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As in previous years, there was an over-representation of young people from less affluent areas. 59% came from neighbourhoods ranked amongst the 30% most deprived in the Index of Multiple Deprivation compared with 11% from neighbourhoods ranked among the 30% least deprived.
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A substantial minority of participants (11%) described themselves as home educated. Others came from over 80 different schools, making for a strong chance of meeting new people and making new friends.
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Most young people continued to find out about the project through word-of-mouth recommendation or from family and friends. Strikingly, at least 36% of the 147 participants for whom data is available had taken part at least once before. These personal recommendations and repeat attendances underline the project’s popularity and strong reputation.
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While young people, volunteers and co-ordinators all had improvements to suggest, evidence from diverse perspectives points to the project’s significant success in supporting the personal development, in particular of black teenagers with fewer economic advantages then many of their peers but united by their motivation to succeed. Future research can usefully explore if and how the project influenced young people’s career choices and pathways and any impacts on company recruitment.
Dr Rosie Chadwick
Micro Projects
We had several micro projects take place this year including:
Coco-Cola Event
This was a one-day event seeing 30 young people take part in this advertising and marketing project using an online platform.
I Will Tell Film Festival
Our young people were asked to be hosts at the London film festival. This gave our young people an insight into how a film festival works.
Parent & Carer Workshops
We ran these workshops twice this year. We had a good response from parents and carers, who very much needed this space to share their concerns and get advice.
Christmas Boxes
The Hebe Foundation’s Christmas Box Scheme was supported this year financially by Foursails and IMGP. The Christmas Box Scheme was put in place to support the families of our young people who would struggle at Christmas, as we understand the cost of living has risen and energy prices had also gone up so we knew it would be hard for some of the families during this period. As well as receiving financial support from our cooperate partners they also helped us pack and deliver boxes to the families. We were able to create and deliver 50 Christmas boxes of food and necessities to families in need. The rise in the number of boxes we distributed is a direct result of the cost of living crisis.
LB -Church mission work
We worked with quite a few new churches this year. We also created 2 new youth leadership programmes in partnership with London Baptist and The Baptist Union of Great Britain. Our CEO was also asked to speak at several Christian conferences and deliver workshops and seminars.
Urban Debaters
Urban Debaters was back to normal this year. We ran 2 cycles this year. It ran at Dunraven Secondary school, and then in October half term with a cohort of our young people in Clapham. Both cycles were well attended and as per previous years, we can see the impact of the project on the young people’s communication and confidence.
CRESCERE
Our first residential time away in the countryside to give space to an intimate group of young people to explore who they are, under the guidance of your favourite trained youth workers. Through fun activities and workshops, plus time bike riding and laser challenges our young people had the space to focus on developing themselves without any life distractions. Crescere took place in Tonbridge, Kent.
| Number of young people who participated |
Males | Females | Ethnicity |
|---|---|---|---|
| 11 | 6 | 5 | 10 young people Black, African, Caribbean or Black British 1 young people mixed or multiple ethnic groups |
Film Project -I have a story
This summer, we finally filmed our youth led short film ‘I have a story’. It was great to see this small group of young people get so excited at being behind and in front of the camera. The next step is to take the short film around the festival circuits with the aim of getting funding for a feature.
BYC
BYC -Black Youth Consultancy, have been busy juggling study commitments and BYC. This year was about establishing the roles and responsibilities of each member of the group. They also ran consultations with young people.
Moreh
Our mentoring project continues to move forward. However, with the rise in mental health issues, the need for professional therapists and counsellors has increased. This has caused us to reflect on what we offer in this season.
Make Your Way & EASE
Make your way and EASE projects were fully funded by Lambeth Made (Lambeth Council) and became umbrella projects for the projects already ran by Hebe in the past years, such as Digital Disruptors, Urban Debaters, Parents Workshops and H.E.L.P. sessions. We were also able to offer 4 work placements to young people.
Digital Disruptors
Delivered in partnership with Tomorrow’s Group & FOUND. With a focus on social media, marketing strategies, and PR. This element provided participants with an opportunity to investigate digital as a career choice and inspire young pioneers to be disruptive and to give them the platform to seek out the next big thing in digital.
– Justice Isn’t a Mood Supportive Connections
In response to the killing of Chris Kaba, Lambeth Council commissioned Supportive Connections, which aims at engaging young people in dialogue sessions in safe spaces, affording the appropriate time for local residents in Lambeth to express individual opinions and share personal experiences in relation to street violence and relationship with the police. The project entails the engagement and inclusion of existing support networks within the community i.e., Faith groups, schools, youth/community centres and relevant community sector organizations and groups. Geographically The Hebe Foundation was commissioned to cover the areas of North Lambeth and Clapham Town.
Project’s activities
| Project’s activities | ||
|---|---|---|
| Surveys on the street and using WhatsApp |
2 Youth Gatherings | 4 Parents’ webinars |
| 2 School Sessions/ Focus Groups |
2 Community Events | 2 Work Placements |
Ir
3.Young People
It feels like our young people are a little stuck at the moment. Not knowing quite what they want out of life, and how to go about getting it. A lack of passion, creativity and resilience is common amongst the youth. External factors of cost-of-living crisis, street violence and bereavement are common themes.
A lot of our young people are very much disillusioned with university life, feeling like it is a waste of their time in regard to finances and the ‘Uni experience’ not being what it was pre pandemic. Many universities are still hosting lessons online.
We have seen this year a willingness to push through circumstances and challenges, which has led to some wonderful moments of great work, exam results, opportunities and personal development. We have seen in particular some great advancements in our alumni’s career journey.
Throughout all our projects this year there have been gems of eureka moments for our young people. One of our girls after been seen on our projects performing her poetry, was asked to perform at the United Nations Women’s Award Ceremony.
Our focus for next year will be building up resilience and igniting creativity.
4. Staff & Volunteers
This year we expanded our team to meet the demand of work and implement the strategy. For the first time, we employed a full time Youth Project Manager, Fundraising Manager, and Strategy Development Manager. This was a major step of faith for us, which we feel is essential for the work we do.
As with previous years, volunteering has dropped within the charity sector. Post pandemic: many people are assessing life, and dealing with the cost-of-living crisis, to the extent that they are not finding time to volunteer. Most of our volunteers now come from the corporate sector as part of their CSR.
5. Trustees
We welcomed a new ‘Alumni Trustee’ this year. Treasure Oyelade was a previous beneficiary of Hebe for many years. He then went on to be a mentee youth worker, full youth worker, and is now a trustee. We are excited to have him onboard as he not only brings his many skills and talents, but brings youth to the board and first-hand knowledge of Hebe participation.
6. Partners
Hebe works in collaboration with other organisations/companies. We know that working in this way is crucial to delivering the best service for our young people. It is our aim to continue to strengthen and develop our collaborations.
Our partners include churches, youth clubs, schools, charities, Universities, residential homes and businesses. All our projects have partners working with us to deliver our work.
This year, we welcomed one new company into the Hebe family; iM Global Partner is an international investment company. They have supported Hebe financially through raising funds through a team bike ride which funded 3 projects.
We are so thankful for the support we received this year from our partners despite the current climate.
7. 2022 Stats
Provided15 youth projects Worked with over 788 young people
Worked across 11 boroughs in London
Worked in partnership with over 23organisations/companies
Utilized over 146 volunteers Engaged with 301community members incl parents/carers
96% completion rate of participants on our projects
80% of our users are from low-income households
7% NEET (not in education, employment or training)
30% with SEN (special education needs) or disabilities
98% are of non-UK ethnic heritage
71% Lone-Parent Families
8.Funding & Finance
A challenging year financially. The cost-of-living crisis, like so many other charities, has impacted us greatly. Please see our full 2022 accounts below.
REGISTERED CHARITY NUMBER: 1197091
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2022
for
The Hebe Foundation
Redfin Management Ltd 1 Rushmills Northampton Northamptonshire NN4 7YB
The Hebe Foundation
Contents of the Financial Statements for the Year Ended 31 December 2022
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Independent Examiner's Report | 2 |
| Statement of Financial Activities | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 to 10 |
| Detailed Statement of Financial Activities | 11 to 12 |
ort of Ihc Tn]ste Year Ended 31 Th¢ Int$ prcsent their report with thc financial slttt¢trLents of th¢ charity for the ycar cnd¢d 31 Decembci 2022. Th¢ tNsiccs knve &dopt¢d ihc provisions of Accounting and Rep)rtitibT by Lhariti¢s'. Stsicmcnt of RecommendLNI PT8ttic¢ applicable lo charitics PTeptsring IheiT accounts in accoTdllnc¢ wilh the Financial R¢ponin¥ Standard applicable in Ihc UK and RL'publi¢ of Ireland IFRS 1021 l¢fftctive l January 20191. STRUCTURE, COVERNANCE AND MANAGEMENT Governlng dotumellt Th¢ clwrity is controlled by its 8ov¢rniJ)g documen( a deed of tNSt and is sel up as a ¢h8ritHbl¢ incorpora11 organisatiun ICIOI. Thc CIO wlls r¢8isl¢r¢d wth the CIMTity Commission on 13 DL%'¢Tnb¢r 2021 ur¥Jer Te8istr2tion number 1197091 r¢placinB ihc pIOUS unl01P0TaIed entity THe H¢b¢ Foundalton Isouth Lorthnl the Tewsiration nun3ber of which WH% 113I)(>lO. REfERENCE AND ADMINISTRATIVE DETAILS Regl¥iL'rcd Ch4rfty number 1197091 PrlnelpAI *ddr¢si 823.X?5 Wandsworih Road London SWY 3JL Trts#tees E Thompson A OludLmi N Skinncr O ILwis A Garner T Oy¢lad¢ [ap7n1¢d 17.9.22) ljmlcpendtot ExAmlner R¢dfiii Management Lid Ruyhmills Northampton Northamplonshire NN4 7YB 22" d. fJ£3 Approv¢d by order of the board of tru8tees on............................... . und signed un ila behalf by.. F. Thompgon- Truqi¢e Pag¢ I
Independent Examiner's Report to the Trustees of The Hebe Foundation
Independent examiner's report to the trustees of The Hebe Foundation
I report to the charity trustees on my examination of the accounts of The Hebe Foundation (the Trust) for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Redfin Management provides book-keeping services to The Hebe Foundation, but is not involved in any other operational activity of the charity. The FRC's Revised Ethical Standard has been applied.
Julian Davies ACA Redfin Management Ltd 1 Rushmills Northampton Northamptonshire NN4 7YB
Date: .....17th May 2023........................................
Page 2
The Hebe Foundation
Statement of Financial Activities for the Year Ended 31 December 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 3 77,263 Investment income 4 180 Total 77,443 EXPENDITURE ON Charitable activities 5 Charitable activities 148,229 NET INCOME/(EXPENDITURE) (70,786) RECONCILIATION OF FUNDS Total funds brought forward 83,576 TOTAL FUNDS CARRIED FORWARD 12,790 |
Restricted fund £ 103,642 - 103,642 75,138 28,504 45,434 73,938 |
31.12.22 31.12.21 Combined Total Total funds funds £ £ 180,905 184,135 180 - 181,085 184,135 223,367 130,371 (42,282) 53,764 129,010 75,246 86,728 129,010 |
|---|---|---|
The notes form part of these financial statements
Page 3
ance Shcct cm 31.12.22 31.12.21 Combit)ed Total UDT¢Strir*d fijnd Restricted fund Totsi fijnds Notes FIXED ASSETS Tanwble asscls io 389 389 1.9 CURRENT ASSETS D¢btvr¥ Cash in hBnd 906 91,641 579 131,445 17.703 73.938 18.609 73.938 92.547 132.024 CREDITORS Amounts falling within one yur 12 16.2081 16,2081 14.9941 NKT CURRENT ASSETS 86.339 127030 TOTAL ASSETS LESS CURRENT LIABILITIES 12,790 73.938 86.728 129,010 NET ASSETS 73.938 86,728 129.010 UnTc%tri¢ied filnds Re3thct¢d filrtds 12.790 83.576 TOTAL FUNDS XO.728 12Y,010 ThL finiini Il %l.'11¢1ii¢lll% Il'LTe approv¢d by the Boud of Tstee5 and aUthorid for L58ue 'Inil were signcd un i18 bchalf by.. F. Thompsnn - TniNteL' The note8 forn) part of th¢s¢ fLnHncial Statements Page 4
The Hebe Foundation
Notes to the Financial Statements
for the Year Ended 31 December 2022
1. GOVERNANCE AND CONSTITUTION
The charity is controlled by its governing document, a deed of trust and is set up as a charitable incorporated organisation (CIO).
The CIO was registered with the Charity Commission on 13 December 2021 under registration number 1197091 replacing the previous unincorporated entity THe Hebe Foundation (South London) the registration number of which was 1139610.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 50% on cost
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Donated goods
Goods donated to the charity are recognised as income at their fair value once the charity has entitlement to the economic benefits associated with the donated items and it is probable that the economic benefits associated with the donated items will flow to the charity.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 5
continued...
The Hebe Foundation
Notes to the Financial Statements - continued
for the Year Ended 31 December 2022
3. DONATIONS AND LEGACIES
| Donations Grants Gift aid Grants received, included in the above, are as follows: Other grants 4. INVESTMENT INCOME Deposit account interest 5. CHARITABLE ACTIVITIES COSTS Charitable activities 6. SUPPORT COSTS Charitable activities |
31.12.22 31.12.21 Combined £ £ 57,391 72,077 120,767 112,058 2,747 - 180,905 184,135 31.12.22 31.12.21 Combined £ £ 120,767 112,058 31.12.22 31.12.21 Combined £ £ 180 - Support Direct costs (see Costs note 6) Totals £ £ £ 207,244 16,123 223,367 Governance Finance costs Totals £ £ £ 1,953 14,170 16,123 |
|---|---|
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021. There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
8. STAFF COSTS
| STAFF COSTS | ||
|---|---|---|
| 31.12.22 | 31.12.21 | |
| Combined | ||
| £ | £ | |
| Wages and salaries | 106,220 | 36,953 |
| Social security costs | 5,412 | - |
| Other pension costs | 1,525 | 921 |
| 113,157 | 37,874 |
continued...
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The Hebe Foundation
Notes to the Financial Statements - continued
for the Year Ended 31 December 2022
8. STAFF COSTS continued….
The average monthly number of employees during the year was as follows:
| 31.12.22 | 31.12.21 | |||
|---|---|---|---|---|
| Combined | ||||
| Project Management | 3 | 1 | ||
| No employees received emoluments in excess of £60,000. Total staff costs for the year ended 31 December | ||||
| 2022 were £113,157 (2021: £37,874), reflected within project expenditure "Working with Young People". | ||||
| 9. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |||
| Unrestricted | Restricted | Total | ||
| fund | fund | funds | ||
| Combined | ||||
| £ | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 91,629 | 92,506 | 184,135 | |
| EXPENDITURE ON | ||||
| Charitable activities | ||||
| Charitable activities | 55,716 | 74,655 | 130,371 | |
| NET INCOME | 35,913 | 17,851 | 53,764 | |
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 47,663 | 27,583 | 75,246 | |
| TOTAL FUNDS CARRIED FORWARD | 83,576 | 45,434 | 129,010 | |
| 10. | TANGIBLE FIXED ASSETS | |||
| Plant and | ||||
| machinery | ||||
| £ | ||||
| COST | ||||
| At 1 January 2022 - combined | 4,386 | |||
| Additions | 280 | |||
| Disposals | (899) | |||
| At 31 December 2022 | 3,767 | |||
| DEPRECIATION | ||||
| At 1 January 2022 - combined | 2,406 | |||
| Charge for year | 1,871 | |||
| Eliminated on disposal | (899) | |||
| At 31 December 2022 | 3,378 | |||
| NET BOOK VALUE | ||||
| At 31 December 2022 | 389 | |||
| At 31 December 2021 - combined | 1,980 |
continued...
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The Hebe Foundation
| Notes to the Financial Statements-continued for the Year Ended 31 December 2022 11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Taxation and social security Other creditors 13. MOVEMENT IN FUNDS At 1.1.22 £ Unrestricted funds General fund 83,576 Restricted funds Restricted fund 45,434 TOTAL FUNDS 129,010 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 77,443 Restricted funds Restricted fund 103,642 TOTAL FUNDS 181,085 |
31.12.22 31.12.21 Combined £ £ 906 579 31.12.22 31.12.21 Combined £ £ 722 2,694 3,866 680 1,620 1,620 6,208 4,994 Net movement At in funds 31.12.22 £ £ (70,786) 12,790 28,504 73,938 (42,282) 86,728 Resources Movement expended in funds £ £ (148,229) (70,786) (75,138) 28,504 (223,367) (42,282) |
|---|---|
continued...
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The Hebe Foundation
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
13. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.21 | in funds | 31.12.21 | |
| Combined | |||
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 47,663 | 35,913 | 83,576 |
| Restricted funds | |||
| Restricted fund | 27,583 | 17,851 | 45,434 |
| TOTAL FUNDS | 75,246 | 53,764 | 129,010 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 91,629 | (55,716) | 35,913 |
| Restricted funds | |||
| Restricted fund | 92,506 | (74,655) | 17,851 |
| TOTAL FUNDS | 184,135 | (130,371) | 53,764 |
| A current year 12 months and prior year 12 months combined position is as follows: | |||
| Net | |||
| movement | At | ||
| At 1.1.21 | in funds | 31.12.22 | |
| Combined | |||
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 47,663 | (34,873) | 12,790 |
| Restricted funds | |||
| Restricted fund | 27,583 | 46,355 | 73,938 |
| TOTAL FUNDS | 75,246 | 11,482 | 86,728 |
continued...
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The Hebe Foundation
Notes to the Financial Statements - continued
for the Year Ended 31 December 2022
13. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
Incoming resources £ 169,072 196,148 365,220 |
Resources Movement expended in funds £ £ (203,945) (34,873) (149,793) 46,355 (353,738) 11,482 |
|---|---|---|
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2022.
15. RESTRICTED FUNDS
Restricted funds are monetary funds that are awarded for a specific use within the organisation. Most commonly it is restricted to a particular project. The funds cannot be used for anything else other than what was agreed upon by the organisation and funder. It may be as specific as "refreshments" or as broad as "core costs".
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THE HEBE FOUNDATION
Detailed Statement of Financial Activities for the Year Ended 31 December 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations Orbis Investments Vanderlande Other Organisations Individual Donors Online Giving Platforms Other donations Eversheds Sutherland Corporate Donors Clapham Baptist Church Community Fundraising Aviation Business Continuity Donations in kind Grants Garfield Weston London Baptist Association Tudor Trust Clapham Park Consortium Clarion Futures Local Authority The Hale Trust Voice 4 Change National Lottery Awards Gift Aid Other trading activities Fundraising events Other Income Interest income |
31.12.22 31.12.21 Combined £ £ - 27,000 - 2,460 - 8,276 3,828 2,945 6,321 15,387 15,030 3,317 11,250 3,750 9,864 - 4,624 7,822 1,474 - 5,000 - - 1,121 57,391 72,077 20,000 20,000 9,000 10,000 30,000 34,000 7,887 - 411 1,381 53,469 - - 500 - 8,610 - 37,567 120,767 112,058 2,747 - 180,905 184,135 - - 180 - |
|---|---|
This page does not form part of the statutory financial statements
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Total incoming resources
181,085
184,135
EXPENDITURE
Charitable activities
| Project & Location Costs Staff costs - wages & salaries Staff costs - social security costs Staff costs - pensions Space & Hall Hire Advertising/Promotional Professional fees Refreshments & Foods Telephone and Internet Travel: Staff Equipment rental Fees and Subscriptions Consultancy Monitoring & Evaluation PPS Training Supprt costs Management Management Fees Finance Plant and machinery depreciation Bank Fees & Charges Governance costs Insurance Accountancy Fees Independent Examiner's Fees Office Expenses and Other Overheads Total resources expended Net Income |
60,391 56,054 106,220 36,953 5,412 - 1,525 921 - 337 967 1,458 - 350 284 26 1,484 1,248 466 32 1,328 - 2,431 2,395 25,362 18,816 - 1,200 737 499 637 26 207,244 120,315 - - 1,872 1,507 81 96 1,953 1,603 897 - 12,613 7,788 660 660 - 5 14,170 8,453 223,367 130,371 (42,282) 53,764 |
|---|---|
This page does not form part of the statutory financial statements
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