OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-04-06-accounts

Academy of Hope (AOH)

Trustees’ Annual Report For the period 31 July 2024 to 5 March 2025 Charity Number: 1209368

1. Reference and Administrative Details

Charity Name: Academy of Hope (AOH) Charity Number: 1209368 Legal Structure: Charitable Incorporated Organisation (CIO) Country of Registration: England

Trustees who served during the period (at different times):

Principal Address:

22 City Lofts, 112-116 Tabernacle Street, London, EC2A 4LE, United Kingdom

2. Structure, Governance and Management

Academy of Hope is a Charitable Incorporated Organisation governed by its constitution and the Charities Act 2011. The charity was registered with the Charity Commission on 31 July 2024.

The trustees are responsible for the strategic direction, safeguarding oversight, financial management and regulatory compliance of the charity.

During the reporting period the board underwent planned governance changes, including trustee appointments, resignations and role adjustments. These changes were managed in accordance with the charity’s governing document and relevant Charity Commission guidance to maintain effective oversight and continuity of operations.

Trustees met regularly to review governance, safeguarding, financial oversight and operational risks.

3. Objectives and Activities

Charitable Objectives

The charity’s purpose was to relieve poverty and advance education by supporting vulnerable children in India through:

The trustees confirm that they have had regard to the Charity Commission’s guidance on public benefit when planning and carrying out the charity’s activities. The charity’s work directly supported children’s access to education, safety and wellbeing.

Activities During the Period

Key areas of activity included:

4. Achievements and Performance

During its first operational period as a registered CIO, the charity achieved several important governance and operational milestones.

Governance and Development

Academy of Hope transitioned to UK charity status and strengthened governance through the appointment of trustees with financial and legal expertise.

Partnerships and Support

The charity explored partnership opportunities and received interest from a corporate donor and support from volunteers aimed at strengthening long-term sustainability.

Trustees maintained communication with school administration and guardians in India to monitor educational progress and welfare needs of beneficiaries.

5. Financial Review

The charity operated on a small scale during its first reporting period and maintained close financial oversight through trustee review and the appointment of a Treasurer. Income consisted primarily of donations and supporter contributions. Expenditure focused on:

Financial oversight was strengthened during the period through:

The trustees encountered ongoing challenges establishing compliant charity bank accounts capable of supporting international transfers due to regulatory requirements relating to India.

At the time of closure, trustees confirmed that there were no remaining assets or outstanding liabilities.

6. Risk Management

The trustees identified operational and regulatory risks primarily relating to international banking requirements and cross-border compliance obligations.

These risks were addressed through:

Trustees met regularly during the reporting period to review governance, safeguarding, financial matters and regulatory issues relating to the charity’s activities.

7. Safeguarding

Safeguarding remained a priority throughout the reporting period.

A social media post containing personal information was identified internally and removed shortly after publication. A subsequent safeguarding complaint referred to this post, which was no longer online at the time of review. Trustees discussed the matter and reviewed internal procedures to support continued compliance with Charity Commission safeguarding guidance.

Trustees continued to review safeguarding practices to support the wellbeing and protection of beneficiaries.

8. Plans for the Future and Decision to Wind Up

Despite sustained efforts to establish compliant operational and financial infrastructure, trustees concluded that regulatory restrictions relating to international banking and cross-border compliance limited the charity’s ability to operate effectively.

Following careful consideration of the charity’s regulatory and operational constraints, the trustees unanimously resolved on 5 March 2025 to voluntarily wind up the charity in order to ensure compliance and responsible stewardship of its charitable activities.

9. Statement of Trustees’ Responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report in accordance with applicable law and regulations.

In preparing this report, trustees have:

Signed on behalf of the Trustees

Trustee Name: Kylie Watson Position: Acting Chair / Secretary

Signature:

----- Start of picture text -----
SIGN
----- End of picture text -----

Date: 19 February 2026

Charity Name Charity Name Charity Name Charity Name Charity Name No(if any) No(if any) CC16a
Academy of Hope
Receipts andpayments accounts
For the period
from
Period start date To Period end date
31-Jul-24 3-Mar-25
Section A Receipts and payments
Unrestricted
funds
Restricted funds Endowment
funds
Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations Received 3,675 - - 3,675
Interest Income 16 - - 16
- - -
- 0 - - - -
- 0 - - - -
- 0 - - - -
- 0 - - - -
- 0 - - - -
Sub total(Gross income for
AR)

3,691
- - 3,691 -
A2 Asset and investment
sales,(see table).
- 0 - 0 - 0 -
- 0 - 0 - 0 - - 0
Sub total
- 0
- 0 - 0 - - 0
**Total receipts **
3,691
- 0 - 0 3,691 - 0
A3 Payments
Faciliation of children 860 - - 860
Tuition, tutors, shelter and food 3,745 - - 3,745
Donations returned 1,209 - - 1,209
- 0 - - -
- 0 - - - -
- 0 - - - -
- 0 - - - -
- 0 - - - -
- 0 - - - -
**Sub total **
5,814
- - 5,814 -
A4 Asset and investment
purchases,(see table)
- 0 - 0 - 0 -
- 0 - 0 - 0 -
**Sub total **
- 0
- 0 - 0 - - 0
**Totalpayments **
5,814
- 0 - 0 5,814 - 0
**Net of receipts/(payments) ** -
2,123
- - -
2,123
-
A5 Transfers between funds - 0 - - - -
A6 Cash funds lastyear end 2,123 - - 2,123 0
**Cash funds thisyear end **
- 0
- - - 2,123
Section B Statement of assets and liabilities at the end of the period
Categories Details Unrestricted
funds
Restricted funds Endowment
funds
to nearest £ to nearest £ to nearest £
B1 Cash funds - - -
- - -

CCXX R1 accounts (SS)

03/02/2026

1

- - -
Total cash funds - - -
(agree balances with receipts and payments
account(s))
OK OK
Unrestricted
funds
Restricted funds Endowment
funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary assets - - -
- - -
- - -
- - -
- - -
- - -
Details Fund to which asset
belongs
Cost (optional) Current value
(optional)
B3 Investment assets - -
- -
- -
- -
- -
Details Fund to which asset
belongs
Cost (optional) Current value
(optional)
B4 Assets retained for the
charity’s own use
- -
- -
- -
- -
- -
- -
- -
- -
- -
Details Fund to which
liability relates
Amount due
(optional)
When due
(optional)
B5 Liabilities -
-
-
-
-
Signed by one or two trustees on
behalf of all the trustees
Signature Print Name Date of approval
Kylie Watson 27/05/2026

CCXX R2 accounts (SS)

03/02/2026

2