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2024-06-30-annual-report

Hope (NI) Limited (A company limited by guarantee, not having a share capital) TRUSTEES' ANNUAL REPORT

for the financial year ended 30 June 2024

The trustees present their Trustees' Annual Report, combining the Directors' Report and Trustees' Report, and the unaudited financial statements for the financial year ended 30 June 2024.

The financial statements are prepared in accordance with the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The Trustees' Report contains the information required to be provided in the Trustees' Annual Report under the Statement of Recommended Practice (SORP) guidelines. The trustees of the company are also charity trustees for the purpose of charity law and under the company's constitution are known as members of the board of trustees.

In this report the trustees of Hope (NI) Limited present a summary of its purpose, governance, activities, achievements and finances for the financial financial year 30 June 2024.

The charity is a registered charity and hence the report and results are presented in a form which complies with the requirements of the Companies Act 2006 and, although not obliged to comply with the Statement of Recommended Practice (Charities SORP effective January 2015), the organisation has implemented its recommendations where relevant in these financial statements.

Mission, Objectives and Strategy

Objectives

The principal activity of this organization is to promote the advancement of the Christian faith throughout the world.

Objectives and Activities

The company was established to promote the advancement of the Christian faith throughout the world, to promote the relief of poverty and suffering through the provision of humanitarian aid and finance to those in need in various parts of the world, and to promote various community projects on a regional basis.

Review of Activities, Achievements and Performance

Hope has been delighted to support multiple organisations in the past year, with four distinct ones that bear mentioning in this Trustee report, namely: Rebirth Church in Ukraine, Aspire NI, Hope2Families, and our work in Myanmar. Each organisation has demonstrated incredible dedication to their missions, helping those in need through humanitarian efforts, educational programs, and community support. This report provides a summary of the impactful work these organisations have carried out with the help of our donations.

Aspire NI

Aspire NI, a youth-focused charity, has made remarkable progress over the past academic year. With our support, Aspire has expanded to 30 schools, engaging 300 young people weekly. They’ve been especially active in Belfast, Banbridge, and Craigavon, providing essential educational programs, school uniforms, and skills workshops in areas like art, business, and musical theatre. In Craigavon, 60 young people attended academy programs, while another 50 joined Camp Aspire, which focused on cross-community relationships.

One of Aspire’s most encouraging achievements has been the academic success of its students. This year, 87% of participants, many from disadvantaged backgrounds, achieved five or more GCSEs with high marks, far surpassing the national average. Beyond academics, Aspire has nurtured spiritual growth through initiatives like ‘Glo', where 20 young people participated in community service and faith-based activities, resulting in five coming to faith. The journey of Jakub, a former Aspire participant, who is now working as an apprentice and currently being trained in

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Hope (NI) Limited

(A company limited by guarantee, not having a share capital) TRUSTEES' ANNUAL REPORT

for the financial year ended 30 June 2024

youth work, leading in six schools, and participating in programmes alongside Reach Mentoring and Youth for Christ, is an inspiring example of the kind of lasting impact Aspire aims for.

Hope2Families

Hope2Families has been providing crucial support to its community, especially through its Drop-In Centre, which serves meals and offers companionship. Due to rising costs, they had to scale back their operations, but they still see 24-46 individuals each week, the majority of which attend on Fridays. Their midweek Bible class continues to attract 30-40 attendees, and they have successfully helped 10 addicts enter rehab, seven of whom have remained clean.

Hope2Families also addresses practical needs, assisting families with moves and decorating homes. Their Hands of Hope Program has been particularly impactful in these areas. Additionally, they have prioritised mental health, hosting well-attended Suicide Awareness and Mental Health classes. Looking ahead, Hope2Families is exploring the potential purchase of a building with the support of local trusts, which would significantly expand their ability to serve the community.

Myanmar Timothy SL Mang

Despite the challenges of civil war and political unrest, the ministry in Myanmar, led by Timothy S L Mang, continues to thrive. Their Bible College welcomed 145 students from 17 different ethnic groups, including 68 who have come directly from conflict zones. In June, they held a three-day evangelistic crusade, leading all new students to salvation. Additionally, the ministry runs Sunday schools and Good News Clubs at 24 locations, reaching up to 300 children weekly, many from non-Christian backgrounds.

The Elpis Education Academy, serving 496 students from preschool through grade 9, uses the Bob Jones Curriculum to integrate faith and learning. Furthermore, the ministry also cares for 56 children across three children’s homes, providing them with spiritual and academic guidance. Their church-planting movement in Myanmar has reached 2,187 people, resulting in 601 conversions and 255 baptisms, and their work even extends to the Akha tribe, where 95 families have recently embraced Christianity.

Timothy has also embarked on a personal evangelistic mission, preaching in churches across Myanmar and beyond. His commitment to spreading the gospel remains strong, even in the face of immense difficulty

Ukraine – Rebirth Church

Amid the ongoing war, Rebirth Church in Ukraine, under the leadership of Pastor Serhiy Shalukhin, has played a crucial role in providing aid to those most affected. From July 2023 to June 2024, they organised charity events for orphans, children with disabilities, and large families, including those displaced to Romania. Notably, two camps were set up for 190 children, and 40 more received essential school supplies. Beyond material support, the church emphasised spiritual care for these children.

Rebirth Church’s humanitarian efforts extended to the war zone regions of the country, delivering medicines, food, and hygiene products to 25,000 people. These deliveries addressed the needs of the elderly, people with disabilities, and families directly impacted by the war. Our financial contributions also supported fuel purchases for the vehicles that transported these critical supplies. The work of Rebirth Church has not only provided physical aid but has given hope to many during this dark season for their nation

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Hope (NI) Limited (A company limited by guarantee, not having a share capital) TRUSTEES' ANNUAL REPORT

for the financial year ended 30 June 2024

Conclusion

The work of these four organisations—Rebirth Church, Aspire NI, Hope2Families, and our Myanmar church leaders— demonstrates the power of compassion and practical support. Each has used the resources we provided to effect real change in the lives of vulnerable individuals. As we look toward future partnerships, we are confident that our ongoing support will continue to foster hope both home and abroad and make a lasting difference in these communities

Financial Review

The charity generated a deficit of £2,857 after depreciation in the current financial period. It has and will continue to be a very challenging environment for all charities in Northern Ireland, but the Trustees are confident that they can maintain the current level of reserves over the next twelve months and have a financial and business plan in place to help them achieve this given the continued uncertainty faced by everyone with the ongoing cost of living crisis.

Financial Results

At the end of the financial year the charity has assets of £136,501 (2023 - £138,433) and liabilities of £3,218 (2023 - £2,293). The net assets of the charity have decreased by £(2,857).

Reserves Position and Policy

The aim is to achieve a level of free reserves of £35,000, which the Trustees believe is essential to the ongoing work and aims of the charity. Free reserves are those unrestricted reserves, not designated nor invested in fixed assets which are available for general use.

Public Benefit

In setting our objectives and planning our activities for the year the trustees have given careful consideration to the Charity Commission for Northern Ireland‘s statutory guidance on public benefit to ensure that the activities have helped achieve the charity purpose and provide a benefit to the beneficiaries.

Trustees

The trustees who served throughout the financial year, except as noted, were as follows:

Wilson Freeburn Leonard Adamson Paul Thompson James Bambrick (Appointed 13 December 2023) Iris Loney

Andrew Clyde Loney (Resigned 13 December 2023)

In accordance with the Articles of Association, the directors retire by rotation and, being eligible, offer themselves for re-election.

Compliance with Sector-Wide Legislation and Standards

The charity engages pro-actively with legislation, standards and codes which are developed for the sector. Hope (NI) Limited subscribes to and is compliant with the following:

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Hope (NI) Limited

(A company limited by guarantee, not having a share capital) STATEMENT OF TRUSTEES' RESPONSIBILITIES

for the financial year ended 30 June 2024

The trustees, who are also directors of Hope (NI) Limited for the purposes of company law, are responsible for preparing the financial statements in accordance with applicable law and regulations.

Company law requires the trustees as the directors to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A (Small Entities). Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period.

In preparing these financial statements, the trustees are required to:

The trustees confirm that they have complied with the above requirements in preparing the financial statements.

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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