THE LIVING HOPE
For the Year Ending: 3[rd] November 2024
Charity Name: The Living Hope Charity Number: 1206681
Principal Address: 131 Edgar Street, Hereford. HR4 9JR
Trustees Serving During Reporting Year:
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Dr Sid Freeman Chair (Appointed 23 January 2024)
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Gareth Tobin Trustee (Appointed 23 January 2024 resigned 6 Sept 2024)
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Paul Gill Trustee (Appointed 23 January 2024)
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Peter Cole Trustee (Appointed 23 January 2024)
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Vikki Thomas Trustee (Appointed 23 January 2024)
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Alison Pritchard Trustee (Appointed 29 May 2024)
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Stephen Thomas Trustee (Appointed 15 Oct 2024)
1. Structure, Governance & Management
The Living Hope is a registered, incorporated charity governed by a written constitution. Trustees are appointed through community connections and invitation based on relevant experience or lived values. The charity is managed by the trustees, who meet regularly to
2. Objectives & Activities Charitable Objective:
The prevention or relief of poverty in Herefordshire by: - Providing emergency and transitional accommodation
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Supporting individuals moving on from temporary housing
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Offering items and services to individuals and organisations working to relieve poverty
3. Achievements & Performance
In response to local needs identified at the Hereford Homelessness Forum, The Living Hope launched The Living Hope Hub , a winter outreach project providing hot meals and wraparound care to the rough sleeping community.
Key Stats: - Operated daily (Dec 11, 2023 March 24, 2024)
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1,176 hot meals served
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Volunteers provided not only meals but also clothing, crisis support, referral guidance, and human connection
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Built key partnerships with local churches, restaurants, agencies, and councils
This project revealed the need for a permanent, stable environment to offer long-term care and transition services. While an initial concept for a Living Hope Centre was explored,
the charity secured an even more suitable solution: The Living Hope House , a dedicated residential and support property.
On 18 October 2024, Green Pastures purchased the property that would become The Living Hope House on behalf of the charity. This was established under a lease agreement, enabling The Living Hope to license tenants and claim enhanced housing benefit for support services. Although no tenants were placed in this reporting period, significant renovation and preparation work began to make the property safe, welcoming, and compliant for future use.
4. Financial Review
Total Income: £17,082 Total Expenditure: £3,048 Year-End Balance: £14,034
Restricted vs General Funds:
The winter outreach initiative was modestly funded. The majority of revenue generated during the period was intended to support the acquisition and development of a permanent property. This vision has been fulfilled with the securing of The Living Hope House -term mission.
While a concept for a community-facing centre was considered, it was not pursued further once the House was secured. Although tenant occupancy had not yet commenced within this reporting period, funds were used for preparatory works including renovation, health and safety improvements, and operational planning.
Reserves Policy:
The charity maintains sufficient unrestricted reserves to support the setup, furnishing, and operation of The Living Hope House. Target reserve = 6 months operational overheads.
5. Custodian Trustee Status
The Living Hope does not act as custodian trustee for any other charities or funds.
6. Declaration
This report was approved by the Board of Trustees on 2[nd] Sept 2025 and signed on their behalf by:
Signature:
Name: Stephen Thomas Role: Chair
Balance Sheet
The Living Hope As at 3 November 2024
| Balance Sheet The Living Hope As at 3 November 2024 |
Balance Sheet The Living Hope As at 3 November 2024 |
|---|---|
| 3 NOV 2024 | |
| Current Assets | |
| Cash at bank and in hand | |
| THE LIVING HOPE CURRENT ACCOUNT 14,033.77 |
|
| Total Cash at bank and in hand 14,033.77 |
|
| Total Current Assets 14,033.77 |
|
| Net Current Assets (Liabilities) 14,033.77 |
|
| Total Assets less Current Liabilities 14,033.77 |
|
| Net Assets 14,033.77 Capital and Reserves |
|
| Current Year Earnings 14,033.77 |
|
| Total Capital and Reserves 14,033.77 |
2 Sept 2025 Page 1 of 1
Balance Sheet The Living Hope
Profit and Loss
The Living Hope
For the period 23 January 2024 to 3 November 2024
| 23 JAN-3 NOV 2024 | |
|---|---|
| Turnover | |
| Church Donations | 695.00 |
| Corporate/Business Donations | 9,796.13 |
| General Donations | 5,291.45 |
| Gift Aid Donations | 300.00 |
| Grants | 1,000.00 |
| Total Turnover | 17,082.58 |
| Cost of Sales | |
| Food Expenses | 107.21 |
| Personnel Training/Development | 44.99 |
| Property Electrical Costs | 103.44 |
| Property Maintance | 96.00 |
| Venue Hire | 1,000.00 |
| Total Cost of Sales | 1,351.64 |
| Gross Profit | 15,730.94 |
| Administrative Costs | |
| Administrative Costs | 534.17 |
| Licence Fees | 199.00 |
| Professional Fees | 150.00 |
| Sundries | 12.00 |
| Transport Costs | 250.00 |
| Website Fee | 552.00 |
| Total Administrative Costs | 1,697.17 |
| Operating Profit | 14,033.77 |
| Profit on Ordinary Activities Before Taxation | 14,033.77 |
| Profit after Taxation | 14,033.77 |
Profit and Loss The Living Hope
2 Sept 2025 Page 1 of 1