2024-03-31-accounts

ofH(4)e Fournlation lortr• Y•ar Endgd 31 Pl0￿h 20 Page Report of the Tntste•8 2 to 4 Ind•pond•nt Examln•fs Réport Statement of Flnanclal Acllv Balanu Sheat Note8 to the Flnanclal Stateme 8 to 13 Detalled Statement of FhwKl•l Ac￿¥￿1•5 14

frytho Y•ar Ended 31 March 2024 L Allen Rvrf D H Curgenv Rerf A L Hewitt J D Snlth J R 8anks COMPANY SECREfARY REGJSTERED OFFICE Hope Church Pv4VyS SY16 1JD REGISTERED cofdpANY NUMBER 1381211r2 {Engknd and Wales) REGISTERED CHARirY NUMBER 1199851 INDEPENDENT EXAMINeR Morgan Gfiffiths LLP Cross Chambers 9 High Strt8t SY16 2NY Page 1

Hub ofHopfr Found•tlon Report of th? Tru8teè8 forthg Yoar Endod 31 March 2024 The twstees who are also directors of the Chadty for the purwses of the Companies Act 2006, present their re￿rt wth the financial statements of the ¢h8rity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practi¢ applicable lo charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable In the UK and Republlc of Ireland IFRS 102) {8ffective 1 January 2019). OBJECTIVES AND ACTIVITIES 0bleGtlV￿ and alms The Objects of th8 Charity are, for the publlc b8nefft.' the ￿lief of those In need, by rea80n of youth. age, 111-h6alth, dlsabillty. financial hardship. or other disadvantage,. and to advance in life and rell8ve needs of young people throLtgh'. 111 the provision of recreatkjnal and leisure time activ1￿06 provtded in the interest of 80cial welfare, d881gned to improve thelr condits'ons of Ilfe: {ii) provldlng support and acllvltles whl¢h develop thelr 8ki118. capaclb88 and capabililie8 to enable them to par￿¢[Pate in 80ciety as mature and responsible individuals." Page 2

Hub of Hop• Foundation Report of the Trustees forthe Year Ended 31 March 2024 ACHIEVEMENT AND PERFORMANCE Charltable actlvltles In accordance WTth the objects of the charity for the public beneffiL namety the rellaf of those In need, by reason of youth, age, Ilkhealth, diSa￿lty, financial hardship. or other disadvantsge, Hub of Hope Foundation has continued lo focus most of its 8¢tlvlties durfng th1$ period upon the Maesyrhandir housing estate in Newtown South. Newtown South was Mlenlified in the 2021 census as having the highest deprivatson rate in On the 15th April 2023 an event wa$ held in a square on the Maesyrhandir estate providing games. danc8 arttl other fun actNities ftjr prim8ry school aged Children, supported by volunteers from the communlty and HoFe Church (Newtthvn), which was led and organised by their Child￿n'S pastor. As you would expect, the volunteers ulilised want through the DBS checking process. Free tea and cake was provided on tables for parents who could obs8Ne their children and the activities. Over 50 Ghlldren look part and over 30 adults attended. Parents welcomed the fre8 tea and cake. and th8 chlldren were all positNely engaged and ex¢ited. Other than the ￿ke the cost was c.£250. On the 10th Jun& 2023 an event called "Lads and Oad8" was organlsad for 13 schc4)Iboys and thelr dad8, rele￿ed to the charlty by local 8choo18, al a local outdoor activity centre rAlled R&J Rldge. As well as the actlvllies, sessions were held to support communication and relaknship building. The event was led by h¥0 volunteer8, a retired pollce officer and youth worker, and the current chaplain of a local sports club. Red RSdge charged only for guests Ino charge lor the volunleersl at a discounted rate. Coach lo the centre and food rMant the total cost was around £1000, ham the orfglnal budget. Many posllve messages were receNed from those who gttended. On tr¢e 8th Juty 2023 the "Family Funta8tsd' event was again held on the grounds of Maesyrhandir CP School provldlng, for free, a rnix of fun and educational aCUvI￿O$, from Archery to fac8 paintlng, dance to an Infi8table, agerappropriate games, arts and craft, and live music from the stsge. CAP {Chri8Ians Against Povety) were 8180 on hand to offer courses on budgeJng and debt rellef advlce. Eight People slgned up to the CAP cours8. Thi8 year over 320 people from the Maesythandir communlty attended, an increase of 100 people compared to the Similar event in 2022. There ware over 90 voluntears from various local organlsatsons, indudlng th& local emergency 8eryic88 and the RRT charfty (who provtded a burger tent with free food and drink). The majohty of volunteers were from Hop8 Church Newtown. The cost lo the Hub of Hope was under budget al around £750. The feedback from the school famity li8ison officer al Maesyrhandir, who also lives on the estate, was very posltive, Staling that for many familie8 it would be the onty activity of th• 8ummer. From the 14th to the 18th of August 2023. the "Happy Holld8ys" event wa8 held again, thls year In a more compacl schedule held over on? working week rathèr than on days spread through the summer. The event volunteer team, provided by Hope Church Newlown, which was the vènue the week, was led by a head teacher of a tocal School wlth particular expertise wlh children with ALN. The cost was c. £2.Sk, in line with expectations. The event was $yn¢hronised with events provtded by l¢xal schools. The thildren We￿ given busy programme of fun and educational activities, Induding a visit from a bird of pw, Zumba, silent diso), pottery, Inflatable and more, plus a hot tsvo course lunch each day. Parents We￿ invited to attend on the final aftemoon to saa their children receiving awards. Each child received a certificate. The Hub of Hope ctharity kindly received a £1000 grant from Newtown & Llanllwchaiam Town Council for this actNity. "Project Backpack" was again held in Autumn 2023 prov¢ding 53 equipped backpacks for year 6 pupils transiloning to High School. The charity worked with local schools io help ensure those in need were able to be reciplents of this great initiative. The ￿$t, lust under £25C(l. was fvlly covered ty donations to the project, largely from members of hope Church Newlown. The Th)ats4KKds" project In Autumn 2023 donated 147 coats to families referred from local primary sthools, with the total cost of £3.54k (£24 per coal) met by the Hub of Hope charity. The recipients We￿ mostly r&ferr8d from contact with local primary schwb and. for the first time, the High School. IIKJugh other indlvldual families in need (n the community also ￿e1ved coat& Page 3

lorth•y•VEnd￿sI Il•Y¢h 2024 Thè Yurkny F88f In 2WJ di)ated ONW 80 on 2022. Ccnslderthn tt> In r•91 r￿j got ￿nI)eN Off￿ IA thè Hub of HLV lo target the Wwple knwi kn aAK408 Irrte sc481 menld hg91th thgrtty. was ey41ond8d ukyjn 2(122 th1g a fvn ¥t4n° med vAth ￿rty. was 6eMd al N6vrtMI. vAh w￿nte￿$ 8wng. eo rw16 atta￿ thg me81 2023. th• Ex0rAA[￿ DtreclLY cl tho Hth> of HLy• thgrfty wa8 ty) address a wnlngr 81 th• AOG Fln•n¢W po8ldoTh Th8 81atement of FlrwK kiMts8 81KTA a th• f29.082 (3)2>. £10,0￿) r08atW8 li￿ Altho aamo £39.102120A' £iomo poll nd$vlll b8 kopl tn hknr88t bèarbig aLYxuIts pojth. 8ddWon to l￿dIng to ts alym. a w rfjoldgntkl called Tr Rokeaf 18 pIBnned njnnlry Imi ihg 12th 14th W ￿24. 1181 • cantr• th ts)mfort acc4mmrAJalon. alrned #t up lo 15 frprn lh• MaaW8ntr c1ynm￿dty, ￿1th up to 30 chlklren to Jup￿Sed by aruuThJ 20 vdunteors. Soeg10rn pknn•Y to njn cn themes to grvjuagè •cMès lo b8 p￿ded a Oft * to b& at th• 9￿j. A do￿1 of pfirtner•hlp TLG prox fflontorfng chli(tr¢n at of oxdudon In krfxl •th)d818 aloo wopowd. Hub ol Hopo to wfjk to nth fu￿ kn èyxl Its WAMtto• kn 8UWt d li¥ ow•￿￿1. The tharfty Is conlrdl4d ty118 • de•J oflrni( a Ill￿t￿l ¢xmpny. Umlted Now Trusl888 appc4nknd ty the Clwlty 4nd I￿91de￿o￿ No othw h)dMdual th8 TN8t Ooed. 20C6 ￿attng to smal IxThpaI￿

Independent Examinorfs Report to th• Tru8tee8 of Hub of Hope Foun(Won Independent examinerfs report to the trustees of Hub ol Hope Foundatlon (Ihe Compan￿) reFQrt to the charity trustees on my examinat6)n of the accounts of the Company for the year ended 31 March 2024. Re5ponslbllitie8 and basls of report As the charitys trustees of the Company land dso its directors for the purposes of company kw) you are responsible for the preparats'on of the acojunts in accordance wfth the requirements of the Corrfjanies Act 20C6 ('the 2006 Act'i. Having $atlsfied myself thal the accounts of the Company are not required to be audlted under Part 16 of the 2006 Act and are eligible for independent examination, l ￿pOrt in respe¢l of my examinalion of your charity's accounts as carrled out under Secticm 145 of the Charities Act 2011 I'the 2011 A¢V). In carylng out my examination I have follow&d the Direclions given by the Charity Commission under Section 14515) Ibl of the 2011 Act. Independenl examln8rfs Statsment I have completed my examinatN)n. I confiTh Ihat no matters have come to my attention in connectton with the examination giving me cause to beli8v& accounting records were not kept in rnspect of the Company as required by Section 386 of the 2006 the accounts do not acc•)rd with those records.. or the attounts do not comply with the attounting requirements of Section 396 of ts 2006 Act other than any requirement that the accounts gtve a true and fair VI￿ which is not a matter rAin$idered as part of an indeperKlent examination", or the accounts have not been prepared in accordance the methods and prinaples of the Statement of Recommended Praclice for accounting and reporting by charities (applicable lo charitss preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republ of I￿land (FRS 102)). I have no o)ncems and have come across rn other mtters in connection with the examination to which attention $houbY be drawn in this report in order to enable a proper understanding of the accounts to be Th)ma$ Lande￿ BA FCA The Institute of Chartered Ac(x)untsnts in England and Wales Morgan Griffiths LLP CharteTed Accountants Cross Chambers 9 High Street Powys SY16 2NY 16 D￿rnber 2024 Page S

forth• Yèar Ended 311knth 2024 Period 21.12.21 Year Ended 31.3.24 Total 31.3.23 Total INCOME AND END0WmEP￿ FROM o￿allOnS and legac￿5 32,651 32,651 31.973 Charltablo actlvltlos Advoczcy 11.OCKI 13.5 1.000 Investsnent Income Totsl 43.651 2,500 46.151 32.981 EXPENDMIRE ON Charltablfr actl¥ltlo• 14.569 17.069 22.961 NEf INCOME 29.082 10,020 RecoNCIUATION OF FUNDS Total funds brought lo￿ard 10.(r20 10,020 TOTAL FUNDS CARRIED FORWARD 39,102 39,102 10,020

NubrfHa￿Fl￿ 31 UwGh a)24 31.324 31.323 FUED ASSEr8 TAngth 8ssots 10 11 .028 211 9.187 12 (899) NEf CURRENT A8W3 38.129 8.867 UAwullR8 39.11r2 10,020 NEfAS8Ers 39,102 10,OXI 14 1.102 10,02D TOYAL FUNDS 1.102 10,020 0)mp•ry IJ •nrfl•d from 47T d th• 2006 Ih y•WW¥J￿ 31 2024. Tho m•nw8 nol requhd tho obtsln an 8u41¢ of Its ol the Compankn 2CIJ8 and (b) PrB￿1nQ fffl4nda Ilalomants wl WKI fatr of tha 10 d Affotrs of Jmpany aB al ts end of oath ollts gJrplJ8 ty def•SI for firthal yw In crfflpanles wbI￿t to Ih8wn8I reglm& +t L TAot••

ACCOillmNG POUCIES B•818 of prnparlng the fina￿1•1 slat• The finanaal statements of the ￿￿[[table company, whith is a public benefit entity under FRS 102. have teen prePa￿j in xo?rdan￿ with the Chaiiks SORP IFRS 102) 'knounting and Reporting by Charities.. Statemenl of Recommended Practi￿ apph'cabk to chariknes preparing their accounts in accordan￿ with the FirwKaal Rwng Starthfj ap￿lI￿b￿ in ts UK and Republic of Ireland (FRS 1021 leffective 1 January 20191,. Financ4al ReFQrting Standard 102 The Financial Reporting Standard applicatjle in the UK and Repu￿￿ of Ireland. and the Companies Pd 20(XS. The finanod slaleffonts have been prepared under th8 histsxilxl a)8t (XMI￿tiOn. In¢om• I Inojme 18 re(wniged in the Staten￿t of Fknandal once the charity has entitlement to the fund$, It Is probable that the incxrfne be re(ived and the arly￿nte￿n be measured reliably. Exp•ndliur• Liabl1t￿e$ are roccgnkwl as experKliiure as scth as there r6 a legal or c4)n$tru¢tlve obllgation commiibrwJ the ¢h•ity to that ex￿lIU18, 1115 wobabk that a transfer of ￿Onom￿ benefits VAII bg required in settlejrent and the amount of the 01￿￿at￿)n be measured reliabPy. Exp8ndilure 18 accounted for on an accruals basis and has been Classrf￿d under headlngs that aggregate all cost related to the category. costs cannot be directy allri1￿￿j to pwtsc￿r headiThJs tlw have been allocated to activlties on a basis cA)nsthnt wlth the Lth of resourc Tanglbl? flx•d M••ts Depwation is provldad at the lalkAMng annu81 rate8 In order to writs off eath 86set over Its estlmated U8eful lffe. Computer equiw 20% ¢)n cost Tbx•tlon The chty 1$ exempt from c(YkXY8lk)n tax on bts ¢arilable •¥il Fund a¢¢ountlng Unrestricted fvnds can b8 uwj In acctydance ¥￿th the tharilable objethes at the dlscrnlon of the trnstees. Re8trlcXed fvnds c4n onty be used for partv>Jlar iestrKled purrthes wlthln th& objects of the charity. ReStr￿￿On$ ari8e htn spedw by the th)nc crf when funds are raised for particular wtricted Further explanation of the nalurn and puryx)se of eath Is induded in the notes to the finanaal DONATIONS AND LEGACIES 21.12.21 Year Ended 31.3.24 31.3.23 Donallons 32,851 31,973 crythnued...

Hub of Hope F￿HNlalI INVESThIEKf INCOP Pericrfl 21.12.21 Year Ended 31.3.24 31.3.23 Period 21.12.21 lo 31.3.23 Year Ended 31.3.24 Grants 13.500 1.000 Grdnts receiva, induded in the abu¥e, are as folkms: Period 21.12.21 Year Ended 31.3.24 31.3.23 Newtown & Llanlhvchaiam C¢yJn(il Tes￿ Community Grant Benefact Trust Margaret Davies Charity 1.0 1,5C 6,000 5,000 1,OLKI 13,500 1,000 CHAR￿ABLE ACTivmES COSTS Co#s {see Totsls 15.PAO 1.209 17.069 I>>￿In[*d...

DIRECT COSTS OF CHARtrABLE ACTMTIES Period 21.12.21 Year Ended 31.3.24 31.3.23 Insuran Teiephone Postsge arNJ StatiOn￿Y Activities & Prqe(* ￿)sts Admini￿ratIOn Depreoation 330 574 174 273 14.526 251 15.547 4,189 15.860 21.368 NET INCOMEI{EXPENDITUREI Net Ir￿C￿￿(ex[￿b1UTe) is slaled ats PericKI 21.12.21 Year End& 31.3.24 31.3.23 TRUSTEES. REMUNERATION AND BENEFrrs The￿ were no trustees. retrnr¢ra11￿ w othw berèfits kn Ihe year ￿ded 31 ma￿ 2024 rK>r for the perithd ended 31 March 2023. Ouring the year no trustees 12023: t4¥0) reirtiursed for expenses relating io charity IKoiects (2023.'£169). COMPARATIVES FOR THE STATEAEKf OF FINANCIAL ACTivmES fund fiJr¥Js INCOME AND ENDOWt•lEp¥fs FROM 31,973 31.973 Charltsble acthildos 1,000 Investment lrtom? Total 32.981 32,981 EXPENDITURE ON Charitsblo actlvhl¢8 Advocacy 22.961 22.931 Page 10

Hub of Hop• Foundallon Notss to the Financial Statem￿ts- contlnu8d for tho Y￿r End￿ 31 March 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- contlnuod Unrestrkted Reslrtctad fvnd lund Total fvnd$ NET INCOME 10.020 10.020 TOTAL FUNDS CARRIED FORWARD 10,020 10,020 10. TANGIBLE FIXED ASSErs Compuler equipmenl COST Al 1 April 2023 and 31 March 2024 1,453 DEPRECIATION Charge for year 480 NET BOOK VALUE At 31 March 2024 973 At 31 March 2023 1,453 11. DEBTOR8: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Other debtors 2,956 12. CREDITORS: AMOUNTS FALLING DUE WIThIN ONE YEAR 31.3.24 31.3.23 ed expenses 899 13. ANALY818 OF NEf ASSETS BETWEEN FUND8 31.3.24 31.3.23 Total fvnd• Unroslrtraed fund R•$lrf¢t•d fiJThJ ftmd$ Fixed assets Current assets Current liabilities 973 39,028 (899) 973 39,028 {899) 1,453 9.167 {6001 39,102 39,102 10,020 Page 11 nts.nl￿d...

for the Ythir Endod 31 M&r¢h 2024 1& fdovEMENT IN FUNDS 11.4.23 fvTrJs 31.3.24 Unrn•trl¢ted fund• Gene￿ fund 10.020 29.082 39,102 TOTAL FUNDS 10.LY20 29,082 39,102 Net nwment In funds. Induded in the ab¢￿ we as fr)Lkyws: gxpended In fvnds Unr•StrIc￿ fund• General fund 43,851 {14,569) 29,082 R•8trlct•d lund• Care 4 A SqL¢arn Corrffiunty Fund 1,500 {1,5001 {1,0001 2.5CKI (2,5001 TOTAL FUNDS 46.151 117.069) Comyratlvm for mov•m•nt kn fund• Net mwm8nt In fvnds Al 31.3.23 Unr••trlcted lund• General fund 10,020 10,020 TOTAL FUNDS 10,020 10,020 Comparative net nvmment in fwKl& inckKl•J abm are as loll •xp•nded fund8 Unr•strlcted fund• Ger￿al fund 32,981 122,961) 10,020 TOTAL FUNDS 32.981 (22.961) 10,020 PgJe 12

b of Hop• FouNla160Th Nots¥ to the Flnpnclal Statements. eononwd f•rtr• Yw End•d 31 IA•rch 2024 15. RELATED PARTY DISCLOSURES Hope Church {N&vtwil Limited has tNste8s wilh this charity. Duriry the year the Church donated to £8,376 (2023 nil) to the Hub. At the year end there wwe no balances outstarKling, in 2023 £2.956 couected behalf ofthe Hub Wds ¢xYed by the Churth. Page 13

forthe Year Ended 31 Plarch 2024 Period 21.12.2 Year Ended 31.3.24 31.3.23 INCOME AND ENDOW%EK Donatlons and legacles Donal)ns 32,651 31.973 Inve5tm8nt Income Deposit accounl interest Charltablo aGliviti•s Grants 13.500 1.OlX) Total Incomlng re8ourc¢8 46,151 32,981 EXPENDITURE Charitable actlvhles Insurance Teiephone Postage and statior)ery A¢tiwties & Proied costs Admlnlstration Computsr equlwixnt 330 574 174 884 15,547 4,189 273 14,526 251 15,860 21,368 Support costs Finance Bank th8pJes Accountancy fees Legal fees Independent examinatton 732 853 1,200 1.200 1,585 17.069 22,1 Net Income 29.OW2 10,020 Page 14