REGISTERED COhTrANY NUMBE 13812102 (Englarld and Wales) REGISTERED CHARITY NUMBER: 1199851 Unaudlled Flnandal slateM for tho Year Ended 31 March 2025 9 Ffgh Street SY16 2K
HubolHop Foundallon Contents of the Flnanclal Statements forthe Year Ended 31 March 2025 Pag• R•fqr•nc• and Admlnlltratlvo D•tall• R¢port of th• Trwlo•• 2 to 4 Ind0p•nd•nt Examln•rf• Report St•tsm•nt of Flnanclol A¢tl¥lti Balanc• Sho•t N+)to• to th• FIn•nG1 Stthm•nts 8 to 13 D•tallad Stst¢m•nt of Fln4n¢l•l A¢tlvhl•• 14
Hub of HO Foundatlon Ref¢ren¢e and Admlnlstratlve Dotalls forthe Year Ended 31 M4rth 2025 TRUSTEES L Allen E T Coomb8r Rev D H Curgenven Rev A L Hewtt Rev J D Smlth J R Banks COMPANY SECRETARY E T Coomber REGISTERED OFACE Hope Churth DL4for Road Powys SY16 1JD REGISTERKI COMPANY NUMBER 13812102 (England and Wales) REGISTEREI CHARITY NUMBER 1199851 INDEPENDENT EXAMINER Morgan Griffiihs LLP Chartered kn)untants Cross Chambers g Htgh Street SY16 2NY P89& 1
Hub of Hopo Foundallon Report ofth&Tnth$ forthè Year Ended 31 March 2025 The trustees are also dIrlarS of tho charity for the purposes of the Companies Act 2006. present thelr report wlh the financial statements of the charity for th8 year ended 31 March 2025. The trustses have adopted the provlslons of Accountjng and Reporung by Charflles.. Statement of Recommended Practke applicable lo charibes preparing the¢r accounts in eIdance thè Finanaal Reporting Standard appllcable In the UK and Republlc of Ireland {FRS 102) (eff 1 January 2019). OBJECTIVES AND AcnMTres Oblectfv•s and alms The Objects of thè CIHrity are. forthe public benefit: the relief of those in need, by son of yNth, agts. ilHiealth, disablllty, finondal hardship, or oth dlsadvantage- and to advance in lrfe and relieve needs of young people through.. {1} the pffjmsion of recreational and lel>Jre time acti)8$ provKle(l in Ihe interest of %Jcial welfare, de&gned to improve Iheir ¢X*ndition5 of rife- (ill providing support and actit18S which develop their SlIs. capaoties and capabilities to enabl¢ them to partiopate in ¥oriety as maturg and responsible indiwduals."
Hub of Hw Foundatlon Report ofth• Trugté6$ forthe Yw ended 31 March 2025 ACHIEVEMEfrifs AND PERFORMANCE Charitable activities In accordance th the oblects of the charfty for the pU]C benefft, namely the rellef of th08e In need, by reason of youth, age, 111-he8lth. thsability, finanual hardship, or other disadvantage. Hub of Hope Foundallon has continued to focus most of its acliwlies durin9 this period upon the Maesyrhandir housing eslats in Ne South. Nawtown South was kienlfted In ¢he 2021 census as han9 the hlghest d8prfvatv)n rate in A residential event called The Retreaf was run from the 121h to the 14th Aprfl 2024, for th¢X6 have experienced $9nificanl trauma. Ios5. challengiNJ 81bjati0r, induthng liwng vlh mental health illness. chiwren th ALN etc. It was held at a local residential ca)tre th comfortable accommodauon, attended by 15 mother8 from msyand[r cwmunity. wth 25 Children. The children had their own separate programme of fun acbvities sw)8rvised by around 20 volunleèts. Sessions ran on various themes to encourage the mothers in parenting sirategies. dealing wth grief, and promoling personal seWsteem from professlonals. Aso Grafts and pamperfng actiwties were Fwvided and a gift bag was prowded al the A large propoition of those attending have continued to maintain fjnsHgemt with communlty acllvlties as a resulL Attendees reported being hugely Impacted. Some not had a holiday for 20 year5. In May 2024 an event called Carg for A Square. Incory)orating the Famlly Funtastsc event that W85 $0 SUCC8ssfvI In prethus years, vrns held in the grounds of Maesyrhandir CP school. thce again, the numbe attending increased, with 440 guests and I11 over SJO attending induding volunteers. Hub ol Hope parknered wlth RRT and Food Share to provlde free food on the day. and free food Force15 for thsldbution. The same mix of fun and educational atIes, frcth Axchery to fa painting. dance to an inflatable, age appropriate game5. arts and GralL police. ffire and ambulance, and live musie from the slage. were this year SLpp18mfjnted by Animal Enttjunters. CAP (ChrfsanS Against Povety) V•ve also on har to offer courses on ldgeting arKI debt relièf adwce. In July 2024. the "CTr)I for School. initiative dlstrlbuled 129 nter coats and 36 fijlty equiptxd school backpacks to Ghildren from local Newtown Mary schools identffied by Headteachers as being in need. Addtbonal coats continua to bè pffjded to famllles In need as they were identrfied as surj) dijring Iho rest of the year. Lhjring the school Summer holidays in 2024. 'Happy Holidays. was held again on thè premises of H¢Jpe Chh. behveen 45 and 50 children attending. with ALN. The event was synchronlsed v*th events prowded by local schools and a large tsom of appropriately checked volunteers was again led by 8 head teacher of a local school wth parbcular expertise with chlldren vAih ALN. The thildren were given a prOgraMw of fijn and educational aCtieS, plus a hol tsvo course lunch e8ch day. Pargnls were Invltsd to attend on the final afterrwn IQ see all ofthe children recfjiwrKJ awards. As plamed last year. a pathér8hip wIth TLG, a woject mentoring children al rfsk of exdusion in lttal wmary sthools. vrds kunthed approprfatsty checbj YonteerS. and contlnu8s. TbK) events were held in December 2024. Turkoy Fest and Communlty Chrfsknas. Turkey Fest Is provision of hampers containing the r8•V Ingredients for a Chri$trn8s thnner, plus treats and often gifts for families Identified by social seNee5 and other community semces and leaders as in need. This year, referrdls were made from nine such organi5aiions, and 94 hampers were prowded to families. 354 indidUalS In the communlty benefitbng from these. Conknts for 49 hampers were purd)ase(I directly using Hub fvnds, and put together and delivered by volunteers, whi18 45 were donated and delivered by voluntèèrs. C(Mmmurllty Chrislmas is the proM4on of a prePad hot meal on Christmas Day, delivered by voluntsers, and also the prowsion of a Chrisknas Oinner at a sit40n event on the wemises of Hope Church on Christrna5 day staffed by volunteers. on again rerApients are Idenlffied in the se way and indude Ihose who may be OtheSe alone or unable to rKJok for themselves 81 Christmas. 150 meals were promded in all at Chrtsknas 2024, 80 at th8 $lt4own dinner, and 80 delfvered to homes. A few financi81 donatlons were received from pients of Community Christrn88 meals, and £1C0 was rpcelved from Newiown TO Counal for the Ccrfnmunity Christmas evenL Otrw financial donalions to Hub events during the ye8r were r8ceNed from Tesco {Blua Tokens - £1.000 re¢eNed kn May 2024) and the Gwendoling arKI Marre1 Dawos Charfty- gave £5,000. Pa99 3
lorthè End•d 31 Mareh W25 NANcL REMEW Flnanclal posltlon The statement of FirwKial a wlus y the 5wr of £10,620 (2024: f29.082) and the reserves stand al the se £49,722 {2024.' £39.11r2 Reserves poll¢y The Charity kaeps wffventfLwvJs in its to wmral legsl 3 monts of ncrfmal outgoing& Suu5 furKIs Vill be W in intwest acC(Kts vhwe possibk. Bas&1 on experience of the Retreat and fe&lba( frcrfn blose v11 Icw)k pa¢ ihe Retreat vras a great SLKIXS and had >gnificanl impact on Ihose in1ved. so 2025 Imld on IL The v1 te on MnS and children. parlIladY those have exper c ¥e 7 the midst ofdcxnesttc X ti)ns. In 2025 Hub of Hope to Intrud TFwpi(ns". a merttrfiTrJ programme fcr Iws llh absent fath&s IX limit&J access to ptssitive mle rde models. The wogr8mffle ts FAarthd to irdude top 85 manag¥ probkni4 res eto &Jditi1 strarKI of the prOgMe will be focajsed on achirwJ life skills i.e. DIY. blke repairs, managuig mcy. ccoknrg. fitst aid. sdf care, wldcor atal¥1b etc. Preparoti¢)rrs are cuThendy ongoing the aim to laurth'Chnptons' in the kd lty Sthcol n Aubjmn 2025. H( of Pk)pe wll cInUe to seek to Aso tr> exp its ¥18 in CA its STRUCTURE, GOVERNANCE AND MANAGEMEKr Governing document The charity is contrcld try its a dJ of trus( consobjtes a Ilmited o)mp*iy. liThuknS by guarantee. as defined by the comp$ kt %MK8. Nthv Tnjslees aThd 8ppoinbJ by the Charity Trn, after consJliatiC and (>deratIOn. No other incflvidual or body is enlilled to appoint trusiees. Trustees are apked ai the Annual Gra1 Meeling in awdaTr the Tntst D. 2006 relating to small wnpaiio5. E T Coomber- Truslee
dapendgnt Examlnerf8 Reportto the TN91• ol Hub of Hope Foundatlon Independent exarnln¢Vs ryrt to thg trust¢g5 of Hub of Hts Foundatlon Dhg Cornpanyl I report to the charity trustees on my examinalion of the accounls of the Company for the year endad 31 March 2025. Ro¥pon¥lbllltlos and buls of rnport As the charltys INslees of the Company {and also its directors for th9 purposes of company law} you are responslble for the PTeparatlon of the accounts in acc¥)rdan¢e th8 requirements of the Companles Act 2006 Ilhe 2006 ACV). H8ng 8atl8fted myseff thal the 8ccounts of tho Company are not requirod to be auoltsd under Part 16 of th8 2006 Act and 8re ellglble for Independent examlnation, I report In rewl of my gxamlnallon of your tharttys 8ccounts as earrted out uThJer Sed¢)n 145 of the Charftles AGI 2011 {Ihe 2011 Act?. In ¢arrying out my oxamlnallon I have follod the Dkedons glven by the Charfty Commlsslon under S8cdon 145(51 (b) of the 2011 ACL Ind•p•nd•nt •xamlnarf• itatamant I have Mpleted my examlnallon. I confim that no matters havo come to my attonoon In o)nn8cllon vhth the examlnatlon gIrj me caus8 to bolleve., cmJnting r8¢ord8 were not kept In respect of Company as requlred by Socllon 388 of the 2006 Act: or Ihe aUnIS do rv)t 8¢Ly)rd vAth th088 record8,' or the accounts do not comply vAlh tho a¢nng requlrements of Secllon 390 of the 2008 olh than ony requlremenl that Ihe accounts glve 8 true and falr eW whl¢h 1$ not a matter consldarod as part of 8n Ind8p8ndenl examlnallon; or tho accounts have not been wep8red In accoTdan¢e th th& m¢lhod$ and prfncls of the Ststemenl of R8¢omm¢nd8d Practka for 8ccounJng and ropon9 by chadtles {8ppllcable to charflles prnparfThJ thglr OCCLsunts In 8ccordancg th the Flnandal Reporung Stsndard oppllcable In the UK and Republlc of Irel&nd IFRS 1021). I havo rK> con¢gm$ and h8v8 come acro88 no other matter8 In conn¢don YAlh Ihe examination to Nthlth attenuon Should bg In thLs report In order to enabl8 a proper undgrstandlng of the atxounts to be reached. Thoma$ Landers BA FCA Tho Instite of Charter•d Ar£ountants In England and Wales Morgan Grfftmhs LLP Chartered AccoLmtants Cross Chambers 9 High Street Powys SY16 2NY Pggo S
Hub of H¢)p• Foundallon statlt ol Flnanclal A¢tlvltle• lorthoyoor End 31 March 2025 31.3.25 Total funds 31.3.24 Totsl Unrblcted RestriL8d fvrtd fitftds INCOME AND ENDOWMEKf8 FROM Donallons and legacles 28.324 26,324 32,651 Charltable acthiltleg 7,000 13.500 Investment Income Total 31.328 33.328 46.151 EXPENDrruRE ON Charltsble actlvltl•s 20.708 2,000 17.069 NET INCOME 10.620 10.65) RECONCILIATION OF FUNDS Total futNls brought forward 39.102 39.102 10.020 TOTAL FUNDS CARRIED FORWARD 49,722 39.102 The ncles fonn pwtol tTr flnandal si*mants P¥gg 6
Mub of H¢pè Fol1 Balance Shoot 31 M?rch 2025 31.3.25 31.3.24 Notes FIXED ASSErs Tanglble 8ssei8 10 CURRENT A8SErs Debtors Cash at bank 11 635 49.493 39.028 50.128 39.028 CREDITORS Amounts fslllng due wllhln one year 12 (goo) 1899) NEf CURREKf ASSErs 49,228 38,129 TOTAL ASSEfs LESS CURRENT UABIUTIES 39,102 NEf ASSEf8 49,722 39,102 FUNDS Urreslrfcted fvnds 14 49.722 39,102 TOTAL FUNDS 49,722 39,102 The charllable company18 ontluod to exemption from audll under Seclon 4T1 of the Compan188 Act 2006 for the year ended 31 March 2025. The mwnbern h8vo not requlred the company to obtoln an audlt of It8 finandal 8tatem8nt8 for the year ended 31 March 2025 In a¢¢ordgnca Sedon 478 of tho Companle8 21M18. The tN81ees acknedge thelr responsSblllUes for {8) ensurtng that the charft8ble company keeps 8rAJunVng records that comply vAth Secllon8 386 and 387 of the Companlos Act 2006 and Ib) preparfng finan¢lal $t8tsm8nts whlch glve o true 8nd falr vlaw of the stale of affalrs of the charttae company as al the end of each flnanclal year and of its Surplus deficlt for ea¢h fln8ndal yggr In accordance the requlremanls of SeC1s 394 8nd 395 and whl¢h Other5? CoMY th I requirements of Ihe Comwies kt 2006 relallng to finondal stotem8nts, 80 far as applicable to the ¢haritsble company. These Iln8nclal statements have b8gn prepared In acconlarKe wlth the Pon8 aPICable to charftsble ompanle¥ Subj to the smal com18$ rgglme. The finand81 Statements were approved by the Boa of TnJstees and authorf8ed for Issu8 on 12 Decwibw 2025 arKI Slgned on its behall by: E T Coombor- Tw5ts8 Tho notesfomi partofUw•ffinandal statemonts Page 7
Hub olHop• Foundatlon Noi•s totrffj Flnandal Ststements for tho Y•ar Endod 31 March 2025 ACCLNJNTING POUCIES Ba•18 of preparlng the flnanclal st•tfjmgnts The finanaal statements of the tharflalAe company. whlch Is a publi¢ benefit enoty undar FRS 102, have been prepared In accordance wlth Ihe Charfllgs SORP (FRS 1021 'Accounlng and Reportlng by Ch8rfJes'. Statement of Recommended practi appltcable to charille$ preparing th61r accounts accordance Ihe Flnand81 Reporting SlaThJard applicable In the UK arKI Republt of Ireland IFRS 102} leffedve 1 January 20191,. Finan91 Rgp¢)rtlThJ Standard 102 The FinancA81 ReportirwJ Standard appllcable In the UK and Republlc of Ireland. and the C¢Jnpanie5 Act 2006. Tho fjn8ndal ststements have been prepared under the historlcal cost th)nVenn. Al Income Is rQgnISed In the Statement of Flnandal Act1e¥ once the charfty has entioement to tha fur8.{¢ Is Probab that the Ino)me 11 b? T¥8 the 8moLnt can be megsured reliably. Expondltur• L18bllities are rwlsed 8$ axpendlbjrn 88 800n os thgre 1$ a legal or 1X$trUcve obllgallon commitung the charity lo that expendlture, 11 Is probable th81 a tr8n8f8r of aconomlc b8n6fits will be requlred In solllement and thg amount of th8 obllgalon bo measur¢d r8llably. Expèndllurts Is 8¢eounted for on an accru81$ bagls 8nd has been dasslfi¢d under h¢adlng$ that 8ggr¢gale 811 ¢08t rglaled to tho categ¢)ry. Where o>$ts cunnol be directly attrlbut•d to parllcular hgadlng8 they have been allocgtsd to activfjles ¢Jn a basls con51stent the use ol resours. Tanglble flx•d a•••ts Depreciallon 18 provlded al the follovlng annual r8le8 In ord•r to wrtte off 08ch 888et Its eslmated U8efiJS Iwe. Computer equlpment 20% on c08t Tuatlon The charfty Is •xempt from cowtlon tsx on its d)arflable a¢fvItS, Fund accountlng UnrestrfcAed funds can ba usad In accordanco the ¢hadtable obJoctlva8 at the o18cretlon of tr tru8tee8. Restrkled fvnds can only be used for p8rf¢ulor resbl¢ted purp08es thIn the oblects of the charfty. ResCOn8 88 when spedlled by Ihe donor or vth•n funds arn ra18ed for parlcular rn8lrfcted PUOse5. Further explanallon af the nature and wrpose of each tund 15 Induded In thg r¥)tes to Iho ftnan¢l81 stslements. LK)NATIONS AND LEGACIES 31.3.25 31.3.24 Donatlons 26,324 32,851 conllnued...
Hub of Hop• Foundallon Notsg to tho Flngn¢lal Stthtsm•nts- ¢onllnuod torthe Year En&d 31 March 2025 INVESTMENT INCOME 31.3.25 31.3.24 Deposll account Sntsrest INCOME FROM CHARITABLE ACTivmES 31.3.25 31.3.24 A¢ty Advo¢a¢y Grants 7,000 13,500 Gr8nts rgcelved. IndLvJed In the kn, aro 8$ follcp+V8: 31,3.2S 31.324 Nevrtown & UanIhalarn Town Councll Tesco Communlty Grant Benefa¢l Tr8t Mwgarel Da0$ Ch•rfty 1,000 6.000 5,OLM) 13,$00 CHARITABLE ACTivmES COSTS Costs (see note 61 Suwort wxacy 21,837 1,071 22,708 DIRecT C08TS OF CHARITABLE ACTMnes 31.3.25 31.3.24 In5uran¢a Postage and stationery Actlttes & Prolecl cosls Admlnlstration Depredallon 244 20.414 150 273 14.526 251 21,637 15,860 NEf INCOMEI(EXPENDITURE) Net Incomellexpenthture) l¥ *ted after charglngllcr•dlJngl: 31.3.25 31.3.24 Deprecwon. ovmed ass8ts 479 conUnuod...
Hub of No Foundallon Not•8 to t Flnanclal Slatsmonts-contlnuod forth• Year Endgd 31 Mjrch 2025 TRUSTEES. REMUNERATION AND BENEFITS There V•re no trustses, remuneratw)n c other beneffits for the year endod 31 M8rth 2025 nor for tr year ended 31 March 2024. Trust•o8' fjxponms DurfrvJ tr year no trustees (2024: non81 woré ffjlmbuTrgd for expen88¥ relallng lo charfty projacts. COMPARATN&8 FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrarfcted R06trfd8d Tow nds INCOME AND ENDOMIEKfs FROM Don8Jon$ and legacl8S 32.851 32,651 Charltabl• actlvltl•8 Advttacy 11.000 2,500 13,500 Total 43.851 2.500 46,151 ExpeNDITURe ON Charltabl• a¢tlvltl Advocacy 14.589 2.0 17.069 NEf INCOME 29,082 29.082 RECONCILIATION OF FUNDS Total fund8 brought forward 10,020 10.020 TOTAL FUNDS CARRIED FORWARD 39,102 39.102 10. TANGIBLE FIXED ASSETS Computer 8gulpm¢nt At 1 Aprll 2024 arKI 31 March 2025 1,453 DEPRECIATION Al 1 A11 2024 Charge for y 479 hi 31 March 2025 NET BOOK VAUJE 31 March 2025 494 At 31 March 2024 973 Pag• 10 nJnued...
Hub olHope Found4tlon Not•• to th• Flnanelal Siatemonts- eontlnu¢d for th• Y•Ar End•d 31 Alarch 2025 11. DEBTORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 31.3.25 31.324 Other debtors 835 12. CREDITORS: AMOUNTS FALUNG DUE wTfHIN ONE YEAR 31.3.25 31.3.24 Accrued 8xpen888 13. ANALYSIS OF NEf ASSEfs BETWEEN FUNDS 31.3.25 Toial fund8 31.3.24 Tot fund fvn Flxed owts Curr8nl assets Currgnl1Sabllltie¥ 494 50,128 {9001 494 50,128 {gooi 973 39,028 {899} 49,722 49,722 39.102 14 MOVEMENT IN FUNDS Not MOvnI In fund8 At 31.3.25 Al 1.424 Unrn•trl¢t•d fvnd• Gen•ral fvnd 39,102 10.820 49.722 TOTAL FUNDS 39,102 10,020 49.722 Net movement In funds, IrKlud8d kn the •bov8 8rn 88 follovrd,. Inwmlng Rosoul Nlovemenl Bources •xpond•d In lunth Unrejtrlcted fund• General fijnd 31.328 120.708) 10,620 R•strICt funds Commurtlty Fund 2,000 (2.000) TOTAL FUNDS 33.328 (22,708) 10,620 Page11 o)nlnu8d...
Hub ol Hop• Foundatlon Not•$to the Flnanclal Stat•ments- wiYnu•d forth• Yw Ended 31 hlarch 2025 1& MOVEMENT IN FUNDS. ttInUed Comparnfjves for mov•nRnt in funds nv)vem8nt fvnd8 At 31.&24 At 1.4.23 Unrgstrl¢ted funds General fund 10.020 39.102 TOTAL FUNDS 10,020 29,082 39,102 Compwallve net movement In fLnds. induded in the above are as follows.. Inwming Rasourc4s Mov8ment pend In funds Unrestrktsd funds General fund 43,651 {14.569) 29.082 RestrlGted funds Care 4 A Squarg Community Fund (1,5001 {1,0001 1,Ot)O 1500 {2,5001 TOTAL FUNDS 46,151 117,069) 29,082 A CLfftnty6ar 12 months and woryear 12 months mbIned poslilon18 as follow3.' Not At 31.&25 At 1.4.23 In fvndB Unrestrfcted funds General fund 10.020 39,702 49.722 TOTAL FUNDS 10.020 39.702 Page 12 continued...
Hub rfHop• Frndth 14. MOVEMENT IN FUNDS. conthiu•d A current year 12 WKI 12 morths c1yrt¥rd nei In fimds. indudgj In th8 above are as folkiws: eXpd•1 kn lunds Unr•¥trlcl•d fum1• General fund 74.979 (35277) 39.702 Ro•trfct•d fvndl Care 4 A Square C(rfnMUrty FurKI (1.) 13.oryJi 14.9))) TOTAL FUNDS 79,479 {39,7771 39,702 15. RELATED PARTY DISCLOSURES Hope Chuvch INe*lthvn) Limited ho$ scvne tru¥teos In MmOn vAlh th1$ d)arlty. Durlng the sffjar tho Churyth eonated to £25.860 (2024 8.376) th• frkkn. At the yow £835 (2024 NIL) was by Church to thls company. Py13
31.325 31.3.24 INCOME AND ENDOWMENTS Donatlons and legades Donations 28,324 32,651 DeFos6t )Unt Interest Grants 13.K Totsl Incomlng rejr¢08 46.151 EXPENDITURE Charft8bl• activitlos Insuran Postage and stationery Actmties & Pr(ieGI cosls Administratic Computw equipnent 244 20.414 150 273 14,526 251 21.637 15, Support costs Flnanco Bank charges Independent exanination 22,708 17.r Not In¢0 10.620 14