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2022-12-31-accounts

Objectiv es and Activ iti es
SORP reference
Summary of the purposes of the
prevention
and/or
relief
of
financial
the charity
governing
as set out
document
in its hardship
in the
Foxhill area of Bath and such
other parts ofthe United Kingdom asthe Charity
Trustees may from time to time decide; and
the relief of sickness and the preservation and
protection
of good health
by the provision
of
accommodation
among
people
residing
permanently
or temporarily
in the Foxhill area
of Bath and
such
other
parts
of the
United
Kingdom
as the Charity Trustees may from
time
totime decide;
Summary
activities
ofthe main
in relation to those
Para 1.17and
1.19
CIO will provide transitional
housing to the
homeless
in the Foxhill area of Bath, for up
to 2
purposes for the public years, along with coaching and support
benefit,
in particular,
the designed to enable the tenants to become self-
activities, projects or sufficient.
Eligible Tenants
will be referred by
services identified
in
the Bath and North East Somerset
(BANES) Local
accounts. Authority
Statement confirming Para 1.18
whether the trustees have Confirmed
had regard to the guidance
issued
by
the Charity
Commission
on public
benefit

chievements
and Per
formance
SORP reference
The CIO was established
in May 2022, with the
main part ofthe year spent recruiting
some
Summary
ofthe main
achievements
ofthe charity,
Para 1.20 excellent Trustees, appointing
our first
Empowerment
Worker, going through
Training
identifying
the difference the
and building
partnership
with local church
charity's
work has made to
the circumstances
of its
(StACC) for support.
beneficiaries
and any wider
benefits to society as a
whole.
In 2022, the CIO opened it's first house, with
first tenants
moving
in in early 2023.

inancial
Review
inancial
Review
inancial
Review
Review ofthe charity's Para 1.21 At Year End, the charity held reserves of
financial
position
at the end E12,870.The Trustees believe a minimum
ofthe period comfortable
Reserves level at this stage is
E10,000;so are satisfied with this position.
Statement
explaining
the Para 1.22 Each House will incur costs of appx E1,000of
policy for holding reserves expense each month,
and income from
stating
why they
are held Tenants
is not guaranteed,
so we want to have
reserves to operate
minimum
3-6 months
without
income.
New Houses also incur set-up costs
(decoration,
fixes, furniture
etc).
Amount ofreserves held Para 1.22 f12,870
Reasons for holding zero Para 1.22
reserves
Details offund materially in Para 1.24 n/a
deficit
Explanation
of any
Para 1.23 Currently
the Trustees have
no uncertainties
uncertainties
about
the about continuing
as a Going
Concern.
charity continuing as a going
concern

tructure, Governance and Man agement
Description
ofcharity's
trusts:
Type ofgoverning
document
Constitution
trust deed, royal charter)
How is the charity Para 1.25 CIO
constituted'?
(e.g unlncorpof
atecl
association.
CiO
Trustee selection methods Para 1.25 Trustees were approached proactively based
including
details of any
on providing a range of skills and experience.
constitutional
provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Additional information information {optional) {optional)
You ma choose to include further statements where relevant
about:
Hope Into Action: Foxhill is a franchise
member
ofthe wider,
UK national
Hope Into Action
The charity's
structure
and
organisational
any wider
Para 1.51 charity (Reg ft 1137686).
network with which the VVe work closely with
I-liA
UK, fully aligned on
charity works goals and benefitting
from their experience,
templates
and expertise.