Hope House (HH)
Statement of Financial Activities (incorporating the Income and Expenditure Account)
For the Year Ended 31 May 2023
Unrestrict
ed funds
Restricted
funds
Total
2023
Total
2022
Income from:
Donations
Bank interest
7,157
7,157
2,325
Total Income
7,157
7,157
2,325
Expenditure on:
Charitable activities
Support &
Governance costs
4,143
4,143
2.752
Total expenditure
4.143
4,143
2,752
Net deficitlsurplus for the year
3,014
3.014
{4271
Transfers between funds
Net movement in fund5
3.014
3,014
{427)
Reconciliation of funds:
Total funds brought forward
42,533
42,533
42,960
Fund balances at 31 May 2021
45,547
45,547
42,533
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an incorne and expenditure account
underthe Companies Act 2006.

Hope House (HH)
Balance Sheet
For the Year Ended 31 May 2023
2023
2022
te
Fixed assets
Tangible assets
71,534
71,962
71,534
71,962
Current assets
Debtors
Cash at bank and in hand
14,301
10,787
14,301
10.787
Credltors: amounts falling due within one year
(288)
{2161
Net current assets
14,013
10,571
Creditors: amounts falllng due after one year:
Loans
{40,0001
(40.0001
Total assets less current liabilities
45,547
42,533
Income funds
Unrestricted funds
Restricted funds
45,547
42,533
Total charity funds
45,547
42,533
The company is entitled to the exemption from the audit requirement contained in sertion 477 of the Companies Act
2006 for the year ended 31 May 2023. No member of the company has depostted a notice, pursuant to section 476,
requiring an audit of these accounts underthe requirements of the Companies Act 2006.
The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply
with sertion 386 of the Act and for preparing accounts which give a true and fair view of the state of affairs of the
company as at the end of the financial year and of its incoming resources and application of resources. including its
income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and
which otherwise comply with the requirements of the Companies Act 2006 ￿lating to accounts, so far as applicable
to the company.
These account5 have been prepared in accordance with the provisions applicable to companies. subject to the small
companies. regime.

Hope House (HH)
Balance Sheet
For the Year Ended 31 May 2023
The financial statements were approved and authorised for issue by the Board on 3 Ottober 2023.
Signed on behalf of the board of trustee5
N Brabham
Trustee
Company Registration No. N1624483
10

Hope House (HH)
Notes to the Financial Statements
For the Year Ended 31 May 2023
Summary of significant accounting policies
la) General information and basis of preparation
Hope House IHH) is a private company limited by guarantee, registered in Northern Ireland and a registered
charity in Northern Ireland. The address of the registered office is 12 Florida Drive, Belfast, BT6 8EX.
The charity constitutes a public benefrt entity as defined by FRS 102. The ff nancial Statements have been
prepared in accordance wrth Accounting and Reporting by Charitie5: Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FR5 102} issued on 16 July 2014 las updated through Update Bulletin I
published on 2 February 20161, the Financial Reporting Standard applicable in the United Kingdom and
Republic of Ireland {FRS 1021, the Charities Act (Northern Ireland) 2LKI8, the Companies Act 2006 and UK
Generally Accepted Accounting Prartice.
The charity has applied Update Bulletin l as published on 2 February 2016 and does not include a cash flow
statement on the grounds that it is appEying FRS 102 Section I
The financial statements are prepared on a going concern basis under the historical cost convention, modified
to include certain items at fair value. The financial statements are presented in sterling which is the functional
currency of the charity and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.
These policies have been consistently applied to all years presented unless otherwise stated.
{bl Funds
Unrestricted funds are avallable for use at the discretion of the trtsstees in furtherance of the general objectives
of the charity and which have not been designated for other purposes.
Designated funds comprise unrestrirted funds that have been set aside by the trustees for particular purposes.
The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used In accordance with specific restrlctions imposed by donors or
which have been raised by the charity for particular purposes. The cost of raising and administering such funds
are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the
financial statements.
(c) Income recognition
All incoming resources are included in the Statement of Financial Activtties {SoFAI when the charity is legallv
entitled to the income after any perfomance conditions have been met. the amount can be measured reliably,
and it is probable that the income will be received.
Voluntary income is received by way of grants, donations and gifts and is included in the fijll Statement
of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a
specific performance by the charity. are recognised when the charity becomes unconditionally entitled
to the grant.
Donated facilitie5 and donated professional services are recognised in income at their fair value when their
economic benefit is probable, it can be measured ￿lIablY. and the charity ha5 control overthe item. Fair value
is determined on the basis of the value of the gift to the charity. For example. the

Hope House (HH)
Notes to the Financial Statements
For the Year Ended 31 May 2023
amount the charity would be willing to pay in the open market for such facilÉties and services. A corresponding
amount Is recognised in expenditure.
No amount is included in the financial statements for volunteer time in line with the SORP {FRS 102). Further
detail is given in the Tnjstees. Annual Report.
Income derived from events is recognised as earned (that 15, as the related goi)ds or serVi￿S are provided).
Investment income is included when receivable.
Income from charitable artivities includes income recognised as earned las the related goods or services are
provided) under contract or where entitlement to grant funding is subject Specific performance conditions.
Grant income included in this category provides funding to support programme activities and is recognised
where there is entitlement, probable receipt and the amount can be measured with sufficient reliability.
Id) Expendlture recognltion
All expenditure is accounted for on an accruals basis and has been classified under headings that a88regate all
costs related to the category. Expenditure 15 recognised where there is a legal or constructive obligation to
make payrnents to third parties, it is probable that the settlement will be required, and the amount of the
obligation can be measured reliably. It is categorised under the following headings-
Costs of raising funds-
Expenditure on charitable activities includes- and
Other expenditure represents those rtems not falling into the categories above.
Irrecoverable VAT 15 charged as an expense against the actlvity for which expenditure arose.
(e) Support costs allocation
Support costs are those that assist the work of the charity but do not dirertly represent charitable activitie5 and
include office costs, governan￿ costs, administrative payroll costs. They are incurred directly in sUPPQrt of
expenditure on the objects of the charity. Where support costs cannot be directly attributed to particular
headings, they have been allocated to cost of raising funds and expenditure on charitable activities on a basis
consistent with use of the resources
Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of
disseminating information in support of the charitable activities.
{fj Tangible fixed assets
Tangible fixed assets, other than freehold land & buildings. are stated at cost {or deemed cost) or valuation less
accumulated depreciation and accumulated impairment losses. Cost includes costs direttly attributable to
making the asset capable of operatin8 as intended.
Depreciation Is provided on all tangible fixed a55ets. at rote5 calculated to write off the ¢0st, less estimated
residual value, of each asset on a systematic basis over its expected useful life as follows:
Fixtures and fittings
Computer equipment
20% per annum reducing balan
20% per annum reducing balan
12

Hope House (HH)
Notes to the Financial Statements
For the Year Ended 31 May 2023
(g) Debtors and creditors recelvable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at
transaction price. Any losses arising frorn impairment are recognised in expenditure.
Ih) Loans and borrowings
Loans and borrowings are initialty recognised at the transartion price including transaction costs.
Subsequently. they are measured at amortised cost using the effertive interest rate method, less impairment.
If an arrangement constitutes a finance transaction it is rneasured at present value.
(i) Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each
balance sheet date. If such indication exists. the recoverable amount of the asset, or the asset's cash
generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its
recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at 3 revalued
amount where the impairment loss is a revaluation decrease.
ti) Provlslons
Provisions are reco8nSsed when the charity has an obligation at the balance sheet date as a result of a past
event, it Is probable that an oufflow of economic benefits will be required in settlement and the amount can be
reliably estimated.
Ik) Leases
Assets acquired underfinance leases are capitalised and depreciated over the shorter of the lease term and the
expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and
the reduction of the outstanding lease liability using the effective interest method. The related obligations, net
of future finance charges, are included in creditors.
Rentals payable and receivable under operatin8 lease5 are charged to the SOFA on a straight-line basi5 over the
period of the lease.
(l) Tax
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered
to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore it meets the definition of a
charitable company for UK corporation tax purposes.
(m) Going concern
The financlal statements have been prepared on a going concern basis as the trustees believe that no material
uncertainties exist. The trustees have considered the level of funds held and the expected level of income and
expenditure for 12 month5 from authorising these financial statements. The budgeted income and expenditure
is sufficient with the level of reserves for the charity to be able to continue a5 a going concern.
13

Hope House (HH)
Notes to the Financial Statements
For the Year Ended 31 May 2023
Support & governano costs
Unrestricted
Restricted
2023
2022
Advertising
Insurance
Light & heat
Repairs and maintenance
Telephone
Training
Printing, postage, stationery
Accountancy
Bank charges and interest
Sundry expenses
Depreciation on computer equipment
Depreciation on office equipment
900
539
465
624
900
539
465
624
860
94
67
537
174
312
63
638
24
174
312
63
638
24
404
19
216
30
394
31
5¢)4
4,143
4,143
2.752
Tangible fixed assets
Land & buildin85
freehold
Computer
equipment
Flxtures,
furniture &
fittings
Total
Cost:
At l June 2022
Additions
Disposals
69.822
299
4.925
75,046
At 31 May 2023
69,822
299
4.925
75,046
Depreciation:
At ljune 2022
Charge for the year
On Disposal
177
24
2,907
3.084
428
At 31 May 2023
201
3.311
3.512
Net book value-
At 31 May 2023
98
At 31 May 2022
122
14

Hope House (HH)
Notes to the Financial Statements
For the Year Ended 31 May 2023
Debtors
2023
2022
Other debtors
Credltors: amounts falling due withln one year
2023
2022
Accruals and deferred Income
288
216
288
216
Unrertrlcted funds
Balance at
2022
Income
Expenditure
Transfers
Balance at
2023
General funds
42,533
7.157
(4,1431
45,547
42,533
7,157
(4.143)
45,547
Trustees
None of the trustees lor any person connected with them) received any remuneration or benefits
from the charity during the year.
Taxatlon
No corporation tax has been provided in these accounts because the income of the charity is within the
exemption granted by Section 505 of the Income and Corporation Taxes Act 1988.
Company limited by guarantee
The company is limited by guarantee. The liability of each member is limited to £1 each.
15

Hope House {HH)
Notes to the Financial Statements
For the Year Ended 31 May 2023
io
Related party transactions
There were no related party transactions during the year.
16