**CHARITY REGISTRATION NUMBER: 1205125** ## **Hartlepool Opportunities Partnership (HOP) CIO Unaudited Financial Statements** **31 March 2025** ## **TREMAINE** Chartered accountants 19 Tremaine Close Hartlepool TS27 3LE **Hartlepool Opportunities Partnership (HOP) CIO** ## **Financial Statements** ## **Year ended 31 March 2025** ||**Page**| |---|---| |Trustees' annual report|**1**| |Report to hartlepool opportunities partnership (hop) cio on the|| |unaudited financial information|**4**| |Statement of financial activities|**5**| |Statement of financial position|**6**| |Notes to the financial statements|**7**| **Hartlepool Opportunities Partnership (HOP) CIO** ## **Trustees' Annual Report** ## **Year ended 31 March 2025** The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2025. ## **Reference and administrative details** **Registered charity name** Hartlepool Opportunities Partnership (HOP) CIO **Charity registration number** 1205125 **Principal office** HOP, C/O Lets Connect (England) Ltd 1 Tees Street Hartlepool TS24 8HB ## **The trustees** Dr I Caldwell C Wakeling I Cawley C Jorgeson (Appointed 15 May 2025) D Leighton (Appointed 16 May 2025) **Accountant** Tremaine Chartered accountants 19 Tremaine Close Hartlepool TS27 3LE ## **Structure, governance and management** The charity is a Charitable Incorporated Organisation - Association; registered with the Charity Commission of England and Wales on 9 October 2023. **1** ## **Hartlepool Opportunities Partnership (HOP) CIO** **Trustees' Annual Report** _**(continued)**_ ## **Year ended 31 March 2025** ## **Objectives and activities** The objectives of the charity are: To promote the voluntary sector for the benefit of the public in Hartlepool by: - Liasing between charities, voluntary organisations, government agencies and other groups on relevant issues; - Providing training, conferences and seminars on subjects relevant to the efficiency of the voluntary sector; - - Identifying needs in the voluntary sector and establishing projects or policies to address them; - Assisting in the administration of funding programmes to charities and voluntary organisation, monitoring for grants, recommending grants, assisting in applications for grants; - Providing advice and information on fund-raising techniques appropriate for voluntary organisations and charities; - - Acting as a representative of the voluntary sector in relation to government policies and legislation. The voluntary sector means charities and voluntary organisations. Charities are organisation, which are established for exclusively charitable purposes in accordance with the Law of England and Wales. Voluntary organisations are independent organisations, which are established for purposes that add value to the community as a whole, or a significant section of the community, and which are not permitted by their constitution to make a profit for private distribution. Voluntary organisations do not include local government or other statutory authorities. ## **Achievements and performance** This is the first year for the charity since formation back in October, no charitable activities have taken place other than to put in place policies and structures to support the charitable objections. The trustees have spent time raising awareness of the charity and what support we will be offering to charitable and voluntary organisations in Hartlepool. In November 2025 the charity engaged its first full time Development Lead employee who will actively engage and support the local voluntary sector. ## **Financial review** No reserves are held at the year end as the charity did not engage in any charitable activities. **2** ## **Hartlepool Opportunities Partnership (HOP) CIO** **Trustees' Annual Report** _**(continued)**_ ## **Year ended 31 March 2025** The trustees' annual report was approved on 8 January 2026 and signed on behalf of the board of trustees by: Dr I Caldwell Trustee **3** ## **Hartlepool Opportunities Partnership (HOP) CIO** ## **Report to Hartlepool Opportunities Partnership (Hop) Cio on the Unaudited Financial Information of Hartlepool Opportunities Partnership (HOP) CIO** ## **Year ended 31 March 2025** As described on the statement of financial position, the trustees of the charity are responsible for the preparation of the financial statements for the year ended 31 March 2025, which comprise the statement of financial position and the related notes. You consider that the charity is exempt from an audit under the Charities Act 2011. In accordance with your instructions I have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me. TREMAINE Chartered accountants 19 Tremaine Close Hartlepool TS27 3LE **4** ## **Hartlepool Opportunities Partnership (HOP) CIO** ## **Statement of Financial Activities** ## **Year ended 31 March 2025** |||**2025**| |---|---|---| |||**Total funds**| ||**Note**|**£**| |||ৄৄৄৄ| |**Total income**||–| |||৶৶৶৶| |||ৄৄৄৄ| |**Total expenditure**||–| |||৶৶৶৶| |||ৄৄৄৄ| |**Net income**||–| |||৶৶৶৶| |**Reconciliation of funds**||| |Total funds brought forward||–| |||ৄৄৄৄ| |**Total funds carried forward**||–| |||৶৶৶৶| **The notes on pages 7 to 9 form part of these financial statements.** **5** ## **Hartlepool Opportunities Partnership (HOP) CIO** ## **Statement of Financial Position** ## **31 March 2025** **2025 Note £** These financial statements were approved by the board of trustees and authorised for issue on 8 January 2026, and are signed on behalf of the board by: Dr I Caldwell Trustee **The notes on pages 7 to 9 form part of these financial statements.** **6** **Hartlepool Opportunities Partnership (HOP) CIO** ## **Notes to the Financial Statements** ## **Year ended 31 March 2025** ## **1. General information** The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is HOP C/O Lets Connect (England) Ltd, 1 Tees Street, Hartlepool, TS24 8HB. ## **2. Statement of compliance** These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011. ## **3. Accounting policies** ## **Basis of preparation** The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. ## **Going concern** There are no material uncertainties about the charity's ability to continue. ## **Statement of financial activities** ## **Judgements and key sources of estimation uncertainty** The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. ## **Fund accounting** Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. **7** **Hartlepool Opportunities Partnership (HOP) CIO** ## **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 March 2025** **3. Accounting policies** _**(continued)**_ ## **Incoming resources** All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. ## **Resources expended** Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. ## **4. Staff costs** The average head count of employees during the year was Nil. No employee received employee benefits of more than £60,000 during the year (2024: Nil). **8** ## **Hartlepool Opportunities Partnership (HOP) CIO** **Notes to the Financial Statements** _**(continued)**_ ## **Year ended 31 March 2025** ## **5. Trustee remuneration and expenses** No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. **9**