## **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:**
- **Dr Sid Freeman** Chair (Appointed 23 January 2024)
- **Gareth Tobin** Trustee (Appointed 23 January 2024 resigned 6 Sept 2024)
- **Paul Gill** Trustee (Appointed 23 January 2024)
- **Peter Cole** Trustee (Appointed 23 January 2024)
- **Vikki Thomas** Trustee (Appointed 23 January 2024)
- **Alison Pritchard** Trustee (Appointed 29 May 2024)
- **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
- Supporting individuals moving on from temporary housing
- 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)
- **1,176 hot meals** served
- Volunteers provided not only meals but also clothing, crisis support, referral guidance, and human connection
- 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