Charity registration number.. 102698
Hope 4 U Foundation
Annual Report and Financial Statements
for the Year Ended 31 December 2023
Thomas Oliver and Associates Litnited
Certified Public Accountant
l Moygashel Mills Park
Dungannon
Co Tyrone
BT717DH

Hope 4 U Foundation
Contents (continued)
Reference and Administrative Details
Trustees, Report
2to4
Statement of Trustees, Responsibilities
Independent Examiner's Report
Statement of Financial Activities
7t08
Balance Sheet
Notes to the Financial Ststements
Ioto 19

Hope 4 U Foundation
Reference and Administrative Details
Trustees
Mr Colin Cooper
Mrs Linda McLaughlin
Mrs Lorna Jameson
Mr Len Keys
Mr Fred M￿Well
Mrs Helen Morrow
Charity Registration Number
102698
Principal Office
Courthouse ClogheT
49 Main Street
Clogher
Co Tyrone
B T76 OAA
Independent Examiner
Thomas Ollver and Associates Limited
Certified Publi¢ Accountant
l Moygashel Mills Park
Dungannon
Co Tyrone
BT717DH
Page I

Hope 4 U Foundation
Trustees, Report
The trustees present the annual report tog¢ther with the financial statements of the charity for the year ¢nded 31
December 2023.
Objectives 2nd activities
Objects and aims
The objects of the Foundation are as set out in the trust deed:.
l Assisting people (without prejudice to any) who are in need or are sufferino hardship because of their social.
personal or economic circumstances including (though not by way of limitation) through :.
the provisions of social care, such as advice, counselling and childcare
the provision or use of it¢ms of basic necessity
the provision of help and advice to persons in need in relation to debt and personal financial management, welfare
benefits. accommodation and homelessness and similar matters.
promoting the preservation and protection of health and particularly (though not by way of limitation) to provide
advice and education into the dangers of drug, alcohol or other substance addition or abuse
promoting the rehabilitation of persons affected by drug, alcohol or other substance addiction or abuse
relieving persons who are experiencing mental or emotional suffering and to relieve distress associated therewith,
including by means of providing advice, counsel, assTStance and support to such persons
the provision of spiritual help. support , advice. education, personal prayer and encouragement in relation to any of
the above OT Otherwise.
2 The advancement of the Christian faith including ( though not by the way of limitation) through the provision of
places of worship
3 The provision of recreational and community facilities in the interests of social welfare and cohesion
Public benefil
The foundation operates a comrnunity Christian Outreach Centre based in the old Courthouse building in Clogher,
serving the community of the wider Clogher Valley area. Our core activities during the first two Months of the year
were
Providing a community meeting place where locals can relax, enjoy food and social engagement, in a coffee shop
environment
Providing welfare services through the provision of cooked meals at significantly reduced prices to
individualslfamili¢s in times of crisis and in severe financial need.
Providing free food to individualsjfamilies in particular tirnes of crisis or need.
Hosting a fortnightly men's bible study and fellowship group
Providing a space for young adults (18 +) to socialise in an environment free from alcohol or drugs
Providing a free parent and toddl¢r group, a club for primary school children and a group for retirees
Providing pastordl care (and onward referral for professional helplcounselling where appropriate) for those
suffering from drug and alcohol abuse, relationship breakdown, anxiety, depre55ion ana suicidal thoughts
The provision of free foodlvouchers to individualslfamilies in need continued to be a very important aspect of the
charity's work. The 'cost of living crisis, replaced covid as the key contributory factor to financial hardship
Page 2

Hope 4 U Foundation
Trustees, Report (continued)
The coffee shop continued to prove a vital neutral space foT the local community. both in ternis of somewheTe to
socialise and also acting as an access point to the other services the ¢harity provides. Price rises in the coffee shop
were kept to a minimum and the associated costs were absorbed by the charity in an effort to continue to provide
reasonably priced food for the local community. This was a deliberate decision by the trustees, as increased prices in
the coffee shop would have prevented some families from bringing their children in, which in turn increases social
isolation, mental health issues etc
The benefieiaries and how they benefited from the Core activities(as listed above)
The community meeting space/coffee shop was open on Thursdays and Fridays, and in addition it was
manned for a minimum of a further two days per week which enabled the community to access the other
services. It continues to be used as a social meeting place by the entire community irrespective of age
group, gender, social status or religious background. There is seating capacity for approx. 50 people. It
continues to PTovide the older generation in the local rural community with a neutral meeting place where
they can meet up with neighbours and friends in a relaxed atmosphere.
During the year free food and food voucheTS to the value of approx. £ 12,000 was distributed to families in
need in the local comrnunity.
The demand foi the in-house professional counselling service remained high. The counsellor had
appointments for a full day every week, and later in the year a second coun5ellor was introduced to handle
some of the referrals. Recipients (of all ages) recelved help with issues such as addictions, anxiety.
depression, relationship breakdown and loss. The charity receives counselling referrals through a number
of agencies as the waiting times are only a fraction of those in the NHS. A number of different
schools(from both sectors) refer children to the counsellors
The new group for retirees launched in 2022, is now well established, with a consistent attendance of 45-50
every month, from all sections of the community. The free 3-course lunch ensures that those who live alone
get a nutritious meal, as many of them admit to not cooking much when they live alone. The short
programme afterwards helps inforni them of important practical issues such as telephone scams,
maintaining physical & mental health etc
At Christmas, the charity distributed approx. 50 free hampers in the community, focusing on the elderly,
the isolated or those struggling with wider 'life i55ues'. Some of these were in response to referrals frorn
local Social Workers.
A number of special community events were hosted during the year. this included a free family night
and the now annual pre-christmas event called the 'Hope of Christmas.. Both of these events attracted over
350 people from the local comTnunity and the fact that everything was free was greatly appreciated by
parents who were already feeling the impact of the 'cost of living crisis..
A new 8 week addictTon course was introduced in Q4, for those struggling with alcohol and dNg addiction.
This provided practical help in identifying. understanding and fighting addiction.
Restrictions on who could benefit
There were no restrictions as to who could benefit from the charity's services during the year. Promotion of the
community food programme was obviously targeted towards lower income families and those in associated financial
need. however there weTe no restrictions as to who could benefit.
Mitigation re harm flowing from Charity's purposes
Page 3

Hope 4 U Foundation
Trustees. Report (continued)
oiene standards as documented in the 'Safe Caterin2 Plan
Our staff are trained and monitored against the food hy?
published b! the Food Standards Agencv. This rnititsates any potential harni i¥'hich could arise from the provision of
food to the public as part of the Foundation's purposes. Our adherence to these standards 15 also monitored bv the
local Environmenral Health Dept. Our current food h￿4]ent rating given by Environmental Health iolloii'in(T our last
inspection was a .5. _ the highest rating available.
Private benefjt
One of the trustees. Len Leys provides management consultancv services to Ihe Foundation on a self-employed
basis. and because h¢ is supportive of the objectives of the charits,, he provides his services far below commercial
rates. The private benefit is onlv incidental as his services 2re absolutely vital to the foundation bein(7 able io achieve
it-s objecrives. He hag approx. 20yrs Management experience in various senior roles with a high street bank. The
services he provides for "the foundation includes: dav to day manaoement of siaff. pavroll. stock eontrol. orderino
supplies. managints maintenance of the building & equipment. adherence lo food safeTh, & environmental health
staT]dards, and ensuring all local authority & re¢yulatory' requirements are adhered to. N'one of the trusrees receive
any remuneration for the dischartre of tlieir duties as trustee5.
Compllance with the Commission's ¢Juidance on public benefit
In setting our objective5 and plannina our activities for Ihe year ending Jlst Dec 202J: the tru5lees have oiven
¢8reful consideration to the Charitv Commission for North¢rn Ireland's guidance on publi¢ benefit to ensure the
activities have helped to achieve the chariry""s purposes and provide a benefit to The belleficiaries
The annual report wa5 approved by the tnisiees of the charity on ?9 October ?0?4 and signed on its behalf by..
r Len Kevs
Trustee
r Fred Maxii'ell
Trustee
Page 4

Hope 4 U Foundation
Statement of Trustees, Responsibilities
The trustees are responsible for preparing the tnistees. report and the financial statements in accordance with the
Llniied kingdom Accounting Scandards (Linited Kinodom Generally .4ccepted Accountino Pra¢ti¢el and applicable
lam. and re￿ulatiOns.
The laiy applicable to charities requires the trustees to prepare financial statements for each financial year which
give a true and fair viem, of the state of affairs of the Charl￿ and of the incoming resources and appli¢aiion of
resources of the ¢hariry for that period. In preparing t]iese fiiiancial statements, the trustees are required to=
select suitable aecounring policie5 and then apply them consistently-
observe Ihe methods and principles in ihe Charities SORP:
make jud.
oemenls and estimates thot are reasonable and prudent-
Slate whether applicable accounting standard5 have been followed: subject to anv material departures dis¢losed
and explained in the fiftancial statements. and
prepare the financial slatemenrs on ihe ?oing concern basi5 unless it is inappropriate lo presume that the Charity
'ill continue in busines5.
Tlie trustees are responsible for Leepino proper accounzing rectsrds that disclose ti'ith reasonable accuracv at anv
time rhe financial position of the eharirrf and enable them to ensure that the financial statements comply ivith the
Charities Act (Northern Ireland) ?008, the applicable Chariti¢s (Accounis and Reports) Reuulations. and the
provisions of the constitution. The Mstees are also responsible for safeouardino the ￿se[S of the Charity and hence
for takina reasonable steps for the Pr￿lent70n and detection of fraud and other I￿e￿llIar$iies.
Tlie trustees are responsible for the mainrenance and integrity of the corporate and financial information included on
the charitable ¢ompanTr's ￿EbsIte. Legislation goven)ing the preparation and dissemination of financial statements
may differ From legislation in other jurisdiciions.
Approved by the trustees of the charity on 29 October ?0?4 and signed on its behalf by..
Mr Len ￿¢￿.5
Trustee
Mr Fred Maxwell
Trustee

Hope 4 U Foundation
Independent Examiner's Report to the trustees of Hope 4 U Foundation
report to the trustees on my examination of the accounts of Hope 4 U Foundation for the year ended 31 December
2023.
Responsibilities and basis of report
As the charity's trustees of Hope 4 U Foundation you are responsible for the prepaTation of the accounts in
accordance with the requirements of the Charities Act (Northern Ireland) 2008.
It 15 my responsibility to
examine the accounts under section 65 of the Charities Act
follow the procedures laid down in the general Directions given by the Commission under section 65(9)(b) of the
Charities Act
state whether particulaT matters have come to my attention
Basis of independent examiner's report
I have examined your charity accounts as required under section 65 of the Charities Act and my examination was
carried out in accordance with the general directions given by the Charities Comrnission for Northern Ireland under
section 65 (9){b) of the Charities Act.
My examination included the review of the accounting Tecords kept by the charity and a comparison of the accounts
presented with those records. It also included consideration of any unusual items or disclosures in the accounts, and
seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have corne to my attentions giving me cause to believe'.-
l That accounting records were not kept in accordance with section 63 of the Charities Act
2 That the accounts do not accord with those accounting records
3 That the accounts do not Cotnply with the accounting requirements of the Charities Act
4 That there is further inforniation n¢eded for a proper UT]derstanding of the accounts to be reached.
Independent examiner's statement
I have completed my examination and have no concerns in respect of the matters (l) to (4) listed above and, in
connection wtth the following Directions of the Charity Comrnission for Northem Ireland, I have found no matters
that require drawing to your attention.
Thomas-oliver and Associates Limited
Certified Public Accountant
l Moyoashel Mills Park
Dungannon
Co Tyrone
BT717DH
29 October 2024
Page 6

Hope 4 U Foundation
Statement of Financial Activities for the Year Ended 31 December 2023
Unrestricted
funds
Restrieted
funds
Total
2023
Note
Income and Endowments from:
Donations and legacies
Other trading activities
Other income
301,934
21,689
752
301,934
34,214
752
12,525
Total income
324,375
12,525
336,900
Expenditure on..
Raising funds
Charitable activities
(146,872)
(1,378)
(13,104)
(159,976)
(1.378)
Total expenditure
(148,250)
(13.104)
(161,354)
Net income/(expenditure)
Net movement in funds
176,125
{579)
175.546
176,125
(579)
175,546
Reconciliation of funds
Total funds brought forward
320,630
1,207
321,837
Total funds carried forward
19
496.755
Unrestricted
funds
628
Restricted
funds
497,383
Total
2022
Note
Income and Endowments from:
Donations and legacies
Other trading activities
100,014
77,509
100,014
92,409
14,900
Total income
177.523
14,900
192,423
Expenditure on:
Raising funds
ChaTltable activities
(162,871)
(1,013)
(13.693)
(176,564)
(1,013}
Total expenditure
Net income
(163,884)
(13,693)
(177,577)
13,639
1.207
14.846
Net movernent in funds
13,639
1,207
14,846
Reconciliation of funds
Total funds brought forward
Total funds carried fonvard
306,992
306,992
19
320.631
1.207
321,838
The notes on pages l O to 19 forn] an integral part of these financial statements.
Page 7

Hope 4 U Foundation
Statement of Financial Activities for the Year Ended 31 December 2023 (continued)
All of the charity's activities d¢rive from continuing operations during the above two periods.
The funds breakdown for 2022 is shown in note 19.
The notes on pages l O to 19 fonn an integral part of these financial staternents.
Page 8

Hope 4 U Foundation
(Registration number. 102698)
BaIance Sheet as at 31 Deceniber 2023
2023
2022
'ote
Fixed assets
Tgngible assets
J?6,7)1
J48.176
Current assets
Stocks
Debtors
Cash at bank and in hand
l4
15
16
450
6.Oi4
?09,OJJ
8.iio
?15.517
? j,488
Creditors: Amounts fallino due within one year
Il'et current assetsloiabilities)
Tot21 assets less current liabilsties
17
(J? 811)
lii, j6?)
18?,706
i09.4)7
J40.102
Creditors: Amounts falling due after more than one year
18
{1?.054)
(18.?64)
let 3ssets
497.J8i
Funds of the ehgrity:
Restricted ineome funds
Restricted funds
6?8
1.207
Unrestrieted income funds
Unrestrict¢d funds
496,7)5
J?0.6) I
Total funds
19
497,i8)
j?1,8J8
The financial staternent5 on patses 7 to 19 were approved by the trustees, and authorised for issue on ?9 October
?024 and signed on their behalf bv-.
Mr Len Key
Trustee
Mr Fred Mi axwell
Trustee
The notes on pages 10 to 19 forn) an inteural part of these financial statements.

Hope 4 U Foundation
Notes to tbe Financial Statements for the Year Ended 31 December 2023
l Accounting policies
Statetnent of eompliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement
of Recornrnended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015) - (Charitie5
SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and
the Charities Act (Northern Ireland) 2008.
Basis of preparation
Hope 4 U Foundation meets the defmition of a public benefit entity under FRS 102. The accounts (financial
statements) have been prepared under the historical cost convention with items recognised at cost or transaction
value unless otherwise stated in the relevant note(s) to these accounts.
Going concern
The tnEstees consider that there are no material uncertainties about the charity's ability to continue as a going
concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature
is recognised when the charity has entitlement to the income, it is probable that the income will be received and the
amount Can be measured with sufficient reliability.
Donations and legocies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably
measured.
Grants receivable
Grants aTe recognised when the charity has an entitl¢rn¢nt to the funds and any conditions linked to the grants have
been rnet. Where perforniance conditions are attached to the grant and are yet to be met, the income is recognised as
a liability and included on the balance sheet as defeTr¢d income to be Teleased.
Expenditure
All expenditure is recognised once there is a legal or constrnctive obligation to that expenditure, it is probable
settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure
heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings
they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the
basis of tiTne spent, and depreciation charges allocated on the portion of the asset's use. Other SUPPOrt costs are
allocated based on the spread of staff costs.
Raisingfunds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in
trading activities that raise funds.
Page 10

Hope 4 U Foundation
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
Support costs
Support costs include c¢ntral fijnctions and have been allocated to activity cost categories on a basis consistent with
the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time Spent
and other costs by their usage.
Governance costs
These include the costs attributable to the charity's compliance with constitutional and statutory requirements,
including audit, Strategic management and trustees meetings and reimbuTsed expenses.
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore it
meet5 the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially
exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part I I
of the Corporation Tax Act 201 O or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that
such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £150.00 or more are initia12y recorded at cost, less any subsequent accumulated
depreciation and subsequent accumulated impairment losses.
Depreeiation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual
value, over their expected use￿] economic life as follows..
Stoek
Stock is valued at the lower of cost and estimated selling price less cost5 to complete and sell, after due regard for
obsolete and slow moving stocks. Cost is detem]ined using the first-in, first-out (FIFO).
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services p¢rfornied in the ordinary course of
business.
Trade debtors are recogni5ed initially at the transaction price. They are subsequently measured at arnortised cost
using the effective interest method, less provision for irnpaimient. A provision for the impairrnent of trade debtors is
established when there is objective evidence that the charity will not be able to collect all amounts due accordincr to
the original tenns of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-tenn highly liquid investments
that are readily convertTble to a known amount of cash and are subject to an insignificant risk of change in value.
Page 11

Hope 4 U Foundation
Notes to the Financial Statements for the Year Ended 31 December 2023 {continued)
Borrowings
Interest-bearing borrowings are initially recorded at fair value. net of transaction costs. Interest-bearing bO￿owingS
are subsequently Ca￿led at amortised cost. with the difference between the proceeds, net of transaction costs, and the
amount due on redemption being recognised as a charge to the Statement of Financial Activities over the p¢riod of
the relevant borrowing.
Interest expense is reco￿)ISed on the basis of the effective interest method and is included in interest payable and
sÈmilar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the
liability for at least twelve months after the reporting date.
Fund structure
Unrestricted income funds are general funds that aTe available for use at the trustees discretion in furtherance of the
objectives of the charity.
Restricted income fl￿dS are those donated for use in a particular aTea or for specific purposes. the use of which is
r¢stricted to that area OT purpose.
2 Income from donations 2nd legacies
Unrestricted
funds
General
Totsl
funds
Donations and legacies.
Donations from individuals
Gift aid reclaimed
Grants, tncluding capital grants.
Grants from otheT charities
298.511
2.673
298,511
2,673
750
750
Total for 2023
301,934
301,934
Total for 2022
100,014
100,014
3 Income from other trading aetivities
Page 12

Hope 4 U Foundation
Notes to the Flnancial Statements for the Year Ended 31 December 2023 (continued)
Unrestricted
funds
General
Restrieted
funds
Total
funds
Tradints income.
Coffee shop sales
Other income from other trading activities
Total for 2023
21,689
21,689
12,525
12,525
21,689
12,525
34,214
Total for 2022
77,509
14,900
92,409
4 Other income
Unrestricted
funds
General
Total
funds
Rental income
752
752
Total for 2023
752
752
5 Expenditure on raising funds
a) Costs of trading activities
Unrestricted
funds
General
Restricted
funds
Total
funds
Note
Costs of goods sold
Marketing and publicity
Depreciation, amortisation and other sirnilar costs
Other direct costs of activities for generating funds
Allocated support costs
19,450
9.888
21,997
29,087
446
19,450
9,888
21,997
42,191
446
13,104
Total for 2023
80,868
li,104
93,972
Total for 2022
91,li8
13,693
104,831
Page 13

Hope 4 U Foundation
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
b) Investment management eosts
Unrestrieted
runds
General
Total
funds
Note
Total for 2023
Total for 2022
792
792
Tot81
costs
6 Expenditure on charitable activities
Unrestricted
runds
General
Total
funds
Note
Governance costs
1,378
1,378
Total for 2022
1.013
Total
expenditure
7 Analysis of governance and support costs
Governance costs
Unrestricted
funds
General
Total
funds
Independent examiner fees
Examination of the financial statements
Legal fees
570
808
570
808
Total for 2023
1,378
1,378
Total for 2022
1,013
1,013
Page 14

Hope 4 U Foundation
Notes to the Financial Statements for the Year Ended 31 Deeember 2023 (continued)
8 Net incomingloutgoing resources
Net incoming resources for the year include..
2023
2022
Depreciation of fixed assets
Finance charges payable
21.997
623
22,719
792
9 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
10 Staff costs
The aggregate pa>ToII costs were as follows-
2023
2022
Staff costs during the year Ivere:
Wages and salaries
Other staff costs
43,873
21,508
49,141
21,800
65.381
70,941
No employee received emoluments of moTe than £60,000 during the year
11 Independent examiner's remuneration
2023
2022
Examination of the fmancial statements
570
516
12 Taxation
The charity is a registered charity and i5 therefore exempt from taxation.
Page 15

Hope 4 U Foundation
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
13 Tangible fixed assets
Land and
buildings
Furniture and
equipment
Total
Cost
At l January 2023
Additions
436,997
43.016
552
480,013
552
At 31 December 2023
436,997
43,568
480,565
Depreciation
At l January 2023
Charge for the year
111,317
17,480
20,520
4,517
131,837
21,997
At 31 DecembeT 2023
128,797
25,037
153,834
Net book value
At 31 December 2023
308,200
326,731
At 31 December 2022
325.680
22,496
348,176
14 Stock
2023
2022
Stocks
450
375
15 Debtor5
2023
2022
Other debtOTS
6,034
16,563
16 Cash and cash equivalents
2023
2022
C&%h on hand
Cash at bank
566
208,467
574
7,976
209,033
8.550
Page 16

Hope 4 U Foundation
Notes to the Finaneial Statements for the Year Ended 31 December 2023 (continued)
17 Creditors: amounts falling due within one year
2023
2022
Bank loans
Other loans
Other taxation and social security
Other creditors
Accruals
7,321
25,000
(914)
264
1,140
7,986
25,000
(746)
212
1,110
32,811
33.562
18 Creditors: amounts falling due after one year
2023
2022
Bank loans
12,054
18.264
19 Funds
Balance at 31
December
2023
Balance at I
January 2023
Incoming
resources
Resources
expended
Unrestricted funds
General
320,630
324,375
(148,250)
(13,104)
496,755
Restricted funds
1,207
12,525
628
Total fund5
321,837
336,900
(161,354)
497,383
Balance at 31
December
2022
Balance at I
January 2022
Incoming
resources
Resources
expended
Unrestricted funds
General
306,992
177.523
(163,884)
320,631
Restricted funds
14,900
(13,693)
1,207
Total funds
306,992
192,423
(177.577)
321.838
Page 17

Hope 4 U Foundation
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
20 Analysis of nel assets between funds
Unrestricted
funds
General
Total funds at
31 December
2023
Tangible fixed assets
Current assets
Current liabilities
Creditors over l year
326,731
214,077
(32,811)
(12,054)
326,731
214,077
(32,811)
(12,054)
Total net assets
495,943
495,943
Unrestricted
funds
General
Total funds at
31 December
2022
Tantrible fixed assets
Current assets
Current liabilities
Creditors over l year
Total net assets
348,176
25,488
(33,562)
(18.264)
348.176
25.488
(33.562)
{18 ?64)
321,8J8
321.838
Page 18

Hope 4 U Foundation
Notes to the Financial Statements for the Year Ended 31 December 2023 (continued)
21 Analysis of net funds
At31
December
2023
At l January
2023
Financing cash
flows
Cash at bank and in hand
8,550
200.483
209,033
Net debt
8,550
200,483
209,033
Page 19