Hope North West
Report and Financial Statements
Year Ended: 31st December 2024
Charity No : 100297 Company No: NI623977
Hope North West
Statement of Financial Activities Year Ending 31 December 2024
| Note Income Gifts and Donations Grants received Investment income Gains on investments Total income 2 Expenditure Costs of raising funds Expenditure on charitable activities Providing Temperance Education to Schools 3 Losses on investments Total expenditure Net expenditure and net movement in funds for the year Net movement in funds Total Funds brought forward Total Funds carried forward 6 |
Unrestricted Restricted Total Funds Prior Year Funds Funds 2024 2023 £ £ £ £ 5,207 - 5,207 6,696 4,268 - 4,268 4,744 4,505 4,505 3,193 51,140 - 51,140 20,960 |
|---|---|
| 65,120 0 65,120 35,593 |
|
| - - - - 20,203 - 20,203 26,224 0 0 0 |
|
| 20,203 0 20,203 26,224 |
|
| 44,917 0 44,917 9,369 |
|
| 44,917 0 44,917 9,369 |
|
| 212,685 212,685 203,316 |
|
| 257,602 0 257,602 212,685 |
The statement of financial activities includes all gains and losses recognised in the year.
| Note Investments Accrued Income Cash at bank and in hand Total Current Assets 4 Liabilities Creditors falling due within one year 5 Net Current assets Total assets less current liabilities Creditors falling due after one year Net assets Endowment funds Restricted income funds Unrestricted income funds Total Funds carried forward 6 |
Hope North West Balance Sheet Year Ending 31 December 2024 Unrestricted Restricted Total Funds Prior Year Funds Funds 2024 2023 £ £ £ £ 109,200 - 109,200 58,060 1,408 - 1,408 1,295 147,684 - 147,684 153,846 |
|---|---|
| 258,292 0 258,292 213,201 |
|
| -690 - -690 -516 |
|
| 257,602 0 257,602 212,685 |
|
| 257,602 0 257,602 212,685 - - - - |
|
| 257,602 0 257,602 212,685 |
|
| - - - - - - - - 257,602 - 257,602 212,685 |
|
| 257,602 0 257,602 212,685 |
These accounts were approved by the Directors on 3rd March 2025 and signed by
Anne Smith John McCormick
Hope North West Statement of Cashflows Year Ending 31 December 2024
| Net movement in funds Deduct interest income Deduct gains/addback losses on investments Decrease/(increase in debtors) Increase/(decrease in creditors) Net cash used in operating activities Cashflows from investing activities Interest and dividends Investments made Net cash provided by investing activities Change in cash equivalents in year Cash and cash equivalents brought forward Cash and cash equivalents carried forward |
Total Funds Prior Year 2024 2023 £ £ |
|---|---|
| 44917 9369 |
|
| -4505 -3193 -51140 -20960 -113 -1043 174 12 |
|
| -55584 -25184 |
|
| 4505 3193 0 - |
|
| 4505 3193 |
|
| -6162 -12622 |
|
| 153846 166468 |
|
| 147684 153846 |
HOPE NORTH WEST TEMPERANCE NOTES TO THE ACCOUNTS for the year ended 31 December 2024
1. ACCOUNTING POLICIES
BASIS OF FINANCIAL STATEMENTS
The financial statements have been prepared on a going concern basis.
The financial statements have been prepared in accordance with the Financial Reporting Standard 102 and the Charities (Accounts and Reports) Regulations Northern Ireland 2015. The statements have been prepared on an accruals basis as required by the SORP.
A summary of the more important accounting policies are set out below:
Income
Income is received by way of donations, gifts and grants and is included in full on the SOFA. Investment Income is included in full on the SOFA.
Expenditure - Charitable activities
These are costs associated with the promotion of temperance activities.
Fund Accounting
The charity has only one type of fund which requires separate disclosure.
Unrestricted funds are donations and grants receivable at the discretion of the Charity in furtherance of its Temperance Objectives.
HOPE NORTH WEST TEMPERANCE NOTES TO THE ACCOUNTS (continued) for the year ended 31 December 2024
| 2.DONATIONS AND LEGACIES Un Gifts and Donations Grants received Investment income Gains/Losses on investments 3.CHARITABLE ACTIVITIES Un Temperance Materials Wages and Salaries Staff Exps Insurance Prize Giving Costs Website Costs Accountancy Professional Fees Bank Charges Sundry Expenses 4.CURRENT ASSETS Investment in US Shares Accrued Income Bank and Cash 5.CURRENT LIABILITIES Accruals |
restricted Restricted Total Total Funds Funds 2024 2023 £ £ £ £ 5,207 0 5,207 6,696 4,268 0 4,268 4,744 4,505 0 4,505 3,193 51,140 0 51,140 20,960 65,120 0 65,120 35,593 restricted Restricted Total Total Funds Funds 2024 2023 £ £ £ £ 390 0 390 6,867 16251 0 16,251 15235 1051 0 1,051 1549 637 0 637 621 647 0 647 787 0 0 0 197 600 0 600 516 432 0 432 288 75 0 75 116 120 0 120 48 20,203 0 20,203 26,224 Total Total 2024 2023 £ £ 109,200 58,060 1,408 1,295 147,684 153,846 258,292 213,201 Total Total 2024 2023 690 516 690 516 |
|---|---|
HOPE NORTH WEST TEMPERANCE NOTES TO THE ACCOUNTS (continued) for the year ended 31 December 2024
6.FUND BALANCES
| Fund Unrestricted Funds General Fund Restricted Funds Total Restricted Endowment Funds Total |
Balance Receipts Payment Surplus / Transfer Balance at start (Deficit) at end £ £ £ £ £ £ 212,685 65,120 -20,203 44,917 0 257,602 0 0 0 0 0 0 0 0 0 0 0 0 212,685 65,120 -20,203 44,917 0 257,602 |
|---|---|