## ## ||SORP reference|| |---|---|---| |Summary of the purposes
of|Para 1.17|Hope CMA Debt Centre works for the| |the charity as set out in its
governing
document||prevention and relief of poverty for the public
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
purposes
for the public|Para 1.17 and
1 . 1 9|Hope CMA Debt Centre works as a
Community
Money Advice (CMA) Connect
Centre. We meet with clients to understand| |benefit,
in particular,
the
activities,
projects or services
identified
in the accounts.||their financial
situation,
and where
appropriate
interface
with CMA Hub to
obtain debt advice. We walk through| |Statement
confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission
on public|Para 1.18|implementation
of the solution
chosen by our
clients to help them become debt free.
The trustees have considered the guidance
on public benefit and concluded that Hope
CMA Debt Gentre is providing public benefit
as described above.| |benefit||| ||SORP reference|| |---|---|---| |||Hope CMA Debt Centre does not make| ||Para 1.38|grants.| |Policy on grant making||| |||Hope CMA Debt Centre does not engage in| |Policy on social investment|Para 1.38|social investment.| |including
program related||| |investment||| |||Hope CMA Debt Centre volunteers
give their| |Contribution
made by
volunteers|Para 1.38|time freely to meet with clients and interface
with CMA Hub.| ## ||SORP reference|| |---|---|---| |||In this period, our second year of operation,| |||the Trustees of Hope CMA Debt Centre| |||have ensured that allthe required policies| |Summary of the main
achievements of the charity,|Para 1.2O|and procedures are in place, and updated if
required, to be able to operate as a CMA| |identifying the difference the||Connect Centre.| |charity's work has made to||Appropriate safeguarding checks have been| |the circumstances of its||carried out and all client facing volunteers| |beneficiaries and any wider||have been trained by CMA.| |benefits to society as a||Hope CMA Debt Centre opened for clients| |whole.||on22no September 2A22.| |||At present we have two fully trained Money| |||Mentors who are working with clients.| |||During this period we have met with 8 clients| |||of whom 5 have worked through the process| |||and obtained debt advice from CMA Hub. As| |||a result of our work 2 clients are now debt-| |||free. We also worked with one client on| |||budgeting, and expect this area of support to| |||increase in the future.| ## |||Not applicable| |---|---|---| |Achievements
against|Para 1.41|| |objective**s**et||| |||Not applicable| |Performance
offundraising
activities
against objectives|Para 1.41|| |set||| |||Not applicable.| |I nvestment
perform
ance|Para 1.41|| |against objectives||| |Other||| ## |Review of the chari$'s
financial position at the end
of theperiod|Parc 1.21|The charity received sufficient
income to
cover its operational
costs. The largest
expense is CMA affiliation
fees.| |---|---|---| |Statement
explaining
the
policy for holding reserves|Para 1.22|The charity does not aim to hold reserves.| |statinq whv thev are held||| |Amount of reserves held|Para 1.22|There were reserves of €1 123 at the end of| |||the period for use towards the following| |||vear'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 facility costs.| |Details of fund materially in|Para 1.24|Not applicable| |deficit||| |Explanation
of any|ata 1.25|At present there are no uncertainties| |uncertainties
abou**t**he||foreseen
that would prevent the charity| |charity continuing
as a going||continuing.| |concern||| ## ## |||The charities
principal
source of funding is| |---|---|---| |The charity's principal
sources of funds (including|Para 1,47|by donations
from individuals,
local churches
and other grant making bodies.| |any fundraising)||| |||Not applicable.| |Investment
policy and||| |objectives
including
any|Para 1.46|| |social investment
policy||| |adopted||| |||The principal
risk would be lack of funds| |||preventing
the charity continuing
with CMA| |A description of the principal|Para 1.46|affiliation. This is considered
to be a low| |risks facing the charity||risk.| |Other||| ## |Description
of charity's|||| |---|---|---|---| |trusts:|||| |Type of governing document|Parc 1.25|CIO-Foundation|| |How is the charity|Pa.a 1.25|The charity is a Charitable Incorporated|| |constituted?||Organisation.|| |Trustee selection
methods|Para 1.25|Trustees
were selected as people who|| |including
details of any
constitutional
provisions
e.g.
election to post or name of||support the objectives
of the charity and
have the expertise
and experience
required
to act as Trustees. The appointment
of|| |any person or body entitled||Chair was made by mutual consent.|| |to appoint one or more|||| |trustees|||| |Additional information (optional)|||| |Y**ou** **m**ay choose to include further statements where relevant about|||| |||Not applicable.|| |Policies and procedures|||| |adopted for the induction and|Para 1.51||| |training of trustees|||| |||Hope CMA Debt Centre works in affiliation|| |The charity's
organisational||with Community
Money Advice (CMA) as a
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
for wholeyear|Name of person (or body) entitled
to appoint trustee(ifany)| |---|---|---|---| |David Clare|Chair||| |Philip Colthup|||| |Georgina
Dean|||| |David Walton|||| ## ## ## ## ## ## ## |Signedon behalf of the charity's
trustees|Signedon behalf of the charity's
trustees|| |---|---|---| |Signature(s)|/.v/uf
.|M| |Full name(s)|/tru,P
l/r"nB
/or,ruf|eeorqtuA ANtve n€&^)| |Position (eg Secretary,
Chair, etc)|frotr€€|TAtrSfeg| ||2sftrlxozY|| |ItbIF#$[y^[3TilH'';l?J
Hope CMA D,ebt Centre|ItbIF#$[y^[3TilH'';l?J
Hope CMA D,ebt Centre|ItbIF#$[y^[3TilH'';l?J
Hope CMA D,ebt Centre|ItbIF#$[y^[3TilH'';l?J
Hope CMA D,ebt Centre|||Charity No
r198433
nts accounts|Charity No
r198433
nts accounts|Charity No
r198433
nts accounts|| |---|---|---|---|---|---|---|---|---|---| |||Unrestrlcted
funds|Restrlcted
funds|||Endowment
funds||Total funds|Last year| |||to the nearest
€|to the nearest €||to the nearcat €|||tothe nearost€|tothe nearest€| ||||||||||2.300| |||||||||1.060|565| |||||||||{,060|2,865| |||||||-lt|-il||-il|
-l| ||rotatreceipo@l||l--l||l--l||I|
r,osol l.T,86T1|| |||||||||1.480|1.345| |||||||||r99|216| |||||||||1 4|| ||||||||||90| ||||||||||512| |||||||||176|1 2| ||||||||||1 4| |||||||||79|54| |||||||||2,O71|2,243| ||||I-|-|.t||||||| ||||l-ll-rt|||||_lt|
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1"51s.i| |cashfundsthisyearenalE|||l--l
-||l--1||l-il23-1||l-| |||Unrestricted|Restricted|Endowment|Endowment|Endowment| |---|---|---|---|---|---|---| |||funds|funds||funds|| |||to nearest €|to nearest e|to nearest €||| |Bl Gash funds|Money at bank|||||| ||Total cash funds||l-tt.t
l-1|t-l
|
t.1||.1| ||(agree balances with receipts and payments|||||| ||account(s))|||||| |||Unrestricted|Restricted|Endowment||| |||funds|funds||funds|| ||Detarls|to nearest €|to nearest €|to nearest €||| |82 Other monetary assets||||||| ||Details||Cct (optional)|||| |83 lnvestment assets||||||| ||Deta;!s|Fund to which|Cost (optlonal)|Current value||| |84 Assets retained for the||||||| |charity/s own use||||||| |||Fund to whlch|Amount due||tlvhen due|| ||Details|||||| |85 Liabilities||||||| |Signed by one or two trustees on
behalf of all the trustees||Print Name||||| |||7*t 'P (bztVtuP||||| |||6go(6t,.iLlU-1,..,J||||| |CCXX R2 accounts (SS)||||15t11t2024|||