## ## |||SORP reference|| |---|---|---|---| |Summary of the purposes
of||Para 1.17|Hope CMA Debt Centre works for the| |the charity as set out in its|||prevention
and relief of poverty for the public| |governing
document|||benefit in Sutton Coldfield and surrounding| ||||areas by providing a free, confidential
and| ||||impartial
advice service concerning
money| ||||and debt, and related support. Our services
areprovidedwith a Christian ethos.| |Summary of the main
activities in relation to those||Para 1.17 and
1 . 1 9|Hope CMA Debt Centre works as a
Community
Money Advice (CMA) Connect| |purposes
for the public|||Centre. We meet with clients to understand| |benefit, in particular,
the|||their financial
situation.
and where| |activities, projects or services|||appropriate
interface with CMA Hub to| |identified
in the accounts.|||obtain debt advice. We walk through| ||||implementati**o**n
f the solution
chosen by our| ||||clients to help them become debt free.| |Statement confirming||Para 1.18|The trustees have considered
the guidance| |whether the trustees have|||on public benefit and concluded
that Hope| |had regard to the guidance|||CMA Debt Centre is providing
public benefit| |issued by the Charity|||as described
above.| |Commission
on public|||| |benefit|||| ## |||Hope CMA Debt Centre does not make| |---|---|---| ||Para 1.38|grants.| |Policy on grant making||| |||Hope CMA Debt Centre does not engage in| ||Para 1.38|social investment.| |Policy on social investment||| |including
program related||| |investment||| |||Hope CMA Debt Centre volunteers
give their| ||Para 1.38|time freely to meet with clients and interface| |Contribution
made by||with CMA Hub.| |volunteers||| ## ||SORP reference|| |---|---|---| |||In this period, our first year of operation,
the| |||Trustees of Hope CMA Debt Centre have| |||ensured that allthe required
policies and| |Summary
of the main
achievements
ofthe charity,|Para 1.20|procedures
are in place to be able to operate
as a CMA Connect Centre.| |identifying
the difference
the||Appropriate
safeguarding
checks have been| |charity's
work has made to||carried out and all client facing volunteers| |the circumstances
of its||have been trained by CMA.| |beneficiaries
and any wider||Hope CMA Debt Centre opened for clients| |benefits to society as a||on 22no
September
2A22.| |whole.||At present we have two fully trained Money| |||Mentors who are working with clients.| |||During this period we have met with 6 clients| |||of whom 2have worked through the process| |||and obtaine**d**ebt advice from CMA Hub.| ## |Review of the charity's
financial position
at the end|Pa'a 1.21|The charity received sufficient income to
cover set-up costs and operational
costs.| |---|---|---| |of the oeriod||The larqest expense is CMA affiliation
fees.| |Statement
explaining
the
policy for holding reserves|Pata 1.22|The charity does not aim to hold reserves.| |statino whv thev are held||| |Amount of reserves held|Para 1.22|There were reserves of f2,136 at the end of| |||the period to use for the following
year's| |||costs.| |Reasons
for holding zero|Para 1.22|It is not considered
necessary
to hold| |reserves||reserves because the charity has no| |||employee or facilitv costs.| |Details of fund materially
in|Para 1.24|Not applicable| |deficit||| |Explanation
of any|Para 1.23|At presen**t**here are no uncertainties| |uncertainties
abou**t**he
charity continuing
as a going||foreseen that would prevent the charity
continuing.| |concern||| |

uncertainties
abou**t**he
charity continuing
as a going
concern|

uncertainties
abou**t**he
charity continuing
as a going
concern|
foreseen that would p
continuing.|
reve|
nt the charity| |---|---|---|---|---| |Additional information (optional)||||| |You may choose to include further statements
where relevant
about
ou
oose||||| |||The charities
principal
source of funding is||| |The charity's principal||by donations
from individuals
and local
churches.||| |sources of funds (including|Para 1.47|||| |any fundraising)||||| |||Not applicable.||| |lnvestment
policy and||||| |objectives
including
any|Para 1.46|||| |social investment
policy||||| |adopted||||| |||The principal
risk would be||lack of funds| |A description
of the principal|Para 1.46|preventing
the charity continuing
with CMA
affiliation.
This is considered
to be a low||| |risks facing the charity||risk.||| |Other||||| |Description
of charity's||| |---|---|---| |trusts:||| |Type of governing
document|Para 1.25|CIO-Foundatiojn| |How is the charity|Para 1.25|The charity is a Charitable lncorporated| |constituted?||Organisation.| |Trustee selection
methods|Para'l .25|Trustees were selected as people who| |including
details of any||suppor**t**he objectives
of the charity and| |constitutional
provisions
e.g.||have the expertise and experience required| |election to post or name of||to act as Trustees. The appointment
of| |any person or body entitled||Chair was made by mutual consent.| |to appoint one or more||| |trustees||| |
to appoint one or more
trustees|
to appoint one or more
trustees|||.| |---|---|---|---|---| |Additional information (optional)||||| |Y**ou**mav choose to include further statements
where relevant
abou
e
t.||||| |||Not|applicable.|| |Policies
and procedures||||| |adopted for the induction
and|Para 1.51|||| |training of trustees||||| |||Hope CMA Debt Centre works in atfiliation||| |||with Community
Money Advice (CMA) as a||| |The charity's
organisational||CMA Connect Centre.||| |structure
and any wider|Para 1.51|||| |network with which the||||| |charity works||||| |||Not|applicable.|| |Relationship
with any related|Para 1.51|||| |parties||||| |Other||||| ## ## |Trustee name|Office (if any)|Dates acted if not
forwhole vear|Name ot peFon (or body) entriled
to appoint trustee(ifany)| |---|---|---|---| |David Clare|Chair||| |Philip Colthup|||| |Georgina Dean|||| |David Walton|||| ## ## ## ## ## ## ||CHARIIY
COMMISSI
FOR ENGLAND
AND W|CHARIIY
COMMISSI
FOR ENGLAND
AND W||Hope CMA Debt Centre|Hope CMA Debt Centre|Hope CMA Debt Centre|Hope CMA Debt Centre|Hope CMA Debt Centre|Hope CMA Debt Centre||||Charity No
1198433|Charity No
1198433|Charity No
1198433|||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||Recei|||andpavmentsaccounts|||||||||| |||||For the period
from||||||30t03t2022|To||||31t01t2023|||| |||||Unrestricted
funds|||||Restricted
funds||Endowment
funds||||Total funds||Last year|| |||||to the nearest
t|||||to the nearest €||to the nearest|€|||to the nearestg|to|the nearest €|| ||||||||||||||||2,300|||| ||||||||||||||||565||1,840|| ||||||||||||||||2,865||1,840|| |A2 Asset|and|investment sales,||||||||||||||||| |(see table).||||||||||||||||||| |||rotatreceipo:l||||||l-1||l--l||||I|
z,sesl
l-ildl|||| |A3||||||||||||||||||| |CMA Fees||||||1.345|||||||||1,345|||| |Insurance||||||||216|||||||216|||| |Trainino|||||||||||||||||325|| |Ub5 UNECKS||||||||90|||||||90|||| |Equipment||||||||512|||||||512|||| |Facility Hire||||||||12|||||||1 2|||| |Marketing||||||||14|||||||14|||| |Expenses||||||||54|||||||54|||| |||Sub total||||2,243|||||||||2,243||325|| |A4 Asset|and|investment||||||||||||||||| |||rotatpayment'El||||||t--1||
l-1||||f|
,z$l|---rtl|||| |Net of receiptstpaymentst
l7
A5 rransfers between
funds
l-l
A6Gashfundslastyearend |
cash funds this year "ndl-\"11|||||||l--l
l-]
1,5151
I
f-]|||[--l
l'
-l |
l--1||- I
-|
ll|l-A
fJ,Gl
f
i
I-1

1,515
ll
l-
l-Cl||||-l| |||Unrestricted|Unrestricted||Restricted||Endowment|Endowment| |---|---|---|---|---|---|---|---|---| |||funds|||funds|||funds| |||to nearest €|||to neareet €||to nearest €|| |Bl Cash funds||||||||| ||Total cash funds
(agree balances with receipts and payments|||l-lr-----rl
l-
-1
t-l
t------ll
l---]||||| ||account(s))|||||||| |||Unrestricted|||Restricted||Endowment|| |||funds|||funds|||funds| ||*r:lt*il*|to nearest f|||to nearest €||to nearest €|| |82 Other monetary assets||||||||| ||$cl;rrils|Fund to which||Cost (optional)||||| |83 Investment assets||||||||| ||*gt,iiils|Fund to which||Cost (optional)|||Current value|| |84 Assets retained for the||||||||| |charity's own use||||||||| |||Fund to which|||Amount due|||When due| ||fir"filiis|||||||| |95 Liabilities||||||||| |Signed by one or two trustees on
behalf of all the trustees|||Print Name|||||| |||lrP|Caz-zHuP|||||| |||06r.)r
o|
e4((||||||