Registration Number N1631531 Charity Number Charity Name NIC102799 Hope Magherafelt HOPE MAGHERAFELT (Limited by Guarantee) Report of the Twstees and Unaudited Financial Statements For the year ended 31. December 2022 HOPE MAGHERAFELT For the year ended 31" December 2022 Contents Page Information Trustees Report 2to4 Independent Examiners Report 5t06 Statement of Financial Activities Balan￿ Sheet 8tog Notes to the Financial Statements 10t018 HOPE MAGHERAFELT For the year ended 31" December 2022 Information Trustees Paul W Stewart Samuel J Fulton Elizabeth Rowan Trustee Secretary Jennifer Thompson Registration Number N1631531 Charity Number NIC102799 Registered Offi 1 Oa Broad Street Magherafelt BT45 6EA Accountants D W McKillen & Co 32 Enterprise House Enterprise CreS￿nt Lisbum BT28 2BP Bankers Santander Bootle Merseyside L30 4GB 1 of 18 HOPE MAGHERAFELT Trustees Annual Report For the year ended 31" December 2022 The Trustees present their report and financial statements for the year ended 31. December 2022. Objectives and Activities In setting our objectives and planning our activities for the year, the Trustees have considered the Charity Commission for Northern Ireland's guidance on public benefit, to ensure that the activities have helped to achieve the charity's purposes and provide a benefit to the beneficiaries. Hope Magherafelt aims to serve the local community, through local authorities and other organisations, in a collective effort to relieve poverty, advance education and provide facilities with the intent of improving the Gonditions of the community in areas of need and short-term crisis. Taking a holistic approach, we care for the physical, mental and emotional needs of individuals and families we meet. As a Christian charity, we are also interested in supporting people's spiritual needs. Our Foodbank continues to be part of a UK wide network of foodbanks in connection with the Trussell Trust. We continue to be supported with donations from local Churches, Supermarkets, Individuals & Businesses, enabling us, through our voucher system, to support those in need with 3 days, emergency food for the family. In addition, we provide a listening ear and an opportunity to direct those in need of further support to other programmes and organisations within the area. We provide a cooking and budgeting programme called 'Eat Well Spend Less,, an initiative to help educate people on healthy eating and budgeting. Our free CAP Debt Counselling Service is run in partnership with the award-winning UK-wide charity called CAP - Christians Against Povety. We offer hope and a solution to anyone in debt through confidential home visits, hands-on expert advi￿, and practical assistan￿ that empowers people to help themselves out of debt, while teaching essential budgeting skills that will last a lifetime. All of this is carried out with the support of a CAP befriender who journeys with the client throughout the process. Through our CAP money course, either in a group or one to one setting, we explain basic money skills and how a client can take control of his or her personal finan￿S. This helps people to gain a better knowledge of what they earn and spend, how to set up a manageable budget, get their accounts in order and leam how to save. Hope Filled Befriending is a project which we developed and piloted at the end of 2020. It exists to support those who feel lonely and isolated within our community. We make an appropriate match to a befriender, someone who is in regular contact either by phone or in person, perhaps over a tealcoffee. This can help encourage a person who may be feeling isolated back into the community. In partnership with a local qualified counsellor from Virtue Counselling, we provide free counselling support to those referred by both our own projects and our referral partners, thus offering one to one mental health support. 2of18 Our Honesty Box Café, which opened in July 2021 is an open door to our projects. This is a safe environment where people can come with familylfriends, or on their own, for light refreshments. If they would like a chat, our volunteers are there for conversation or support, to guide those in crisis who don't know where to turn. Achievements and Performance (including Impact and Benefits) Ever since the Covid 19 pandemic, we have had to continue to adapt our servI￿s, to provide much-needed support throughout the community. Notsble Achievements for 2022 throu hout all our ro We were supported by 40 regular volunteers who gave approximately 1450 hours of their time to our charity. We fed 1182 people - 669 Adults and 513 Children. We collected 13.9 tonnes of food. We distributed 14.5 tonnes of food - approximately 41 thousand meals. We supported 18 cases, totalling 30 individualslfamilies with an estimated combined total debt of approximately £140k. Across all projects, we provided a befriending experience for approximately 220 hours. We organised a Wellbeing and Resilience event for clients from across all projects, delivered by a qualified counsellor. Attended by 20 clients and very well received. CHRISTMAS In addition to our regular services, the following projects took pla￿ over the Christmas period.. We created and distributedldelivered 516 Christmas Hampers, 220 single & 296 family. We supported 290 families with meat vouchers. We wrapped & distributed 817 pairs of Christmas pyjamas. We partnered with 26 local referral agencies to meet this need. At Christmas alone we were supported by 103 volunteers over 220 hours. We have had to choose this year to cut back on availability of some of our projects {in particular Befriending and Counselling) in order to focus on our 2 main projects - Foodbank and CAP Debt help. This is because of a current shortage of personnel to effectively manage more than this. It is our experience that both of our main projects are encountering familieslindividuals with increasingly more difficult situations. therefore requiring more time & support over a longer period. To help manage these dtfficult situations effectively, we continue to strengthen our relationships with referral partners. This allows for a more co-ordinat8d approach, providing stronger and more holistic support for those connected to our projects. Statistics alone (see bullet points above) are, of course, not the only way we measure impact. We believe the power of a story brings strength and builds a better picture of what we do, and we have a wealth of stories which are shared on a regular basis with staff, volunteers and Trustees. These stories. demonstrating, for example, families beginning to clear debt and manage mental health issues, are an encouragement to all involved with Hope Magherafelt, and clearly illustrate the impact of love and compassion which cannot be conveyed by statistics alone. Page 3 of 18 Financial Review We constantly strive to bring benefit to our community by proactively sourcing funding or other support and help. During 2022, the continued financial support re￿iVed from Trussell Trust, Mid Ulster District Council, local businesses and individuals, along with gifts-in-kind were very much appreciated during what has continued to be an uncertain and challenging time. Structure and Governance and Management Hope Magherafelt Ltd is a registered company and limited by guarantee under the Companies Act 2006. It is governed by its Memorandum and Articles of Association. The Company, as set up by the Act, is required to appoint Trustees to manage and ensure the proper wnning of the charity, in accordance with its Articles of Association. Trustees Trustees who served throughout the year were as follows., Paul Wallace Stewart Samuel John Fulton Elizabeth A D Rowan Declarations The Company has taken advantage of the small companies exemption in preparing the report above. The Trustees declare that they have approved the Trustees report. Signed: Print Name: GuLfo Position: Trustee Trustee Date: 5° Jul 2023 4of18