2023-07-31-accounts - Hope2Families

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DocuSign Envelope ID: 17ED76BD-8F84-467D-A1BF-5F777B76DD78

Company registration number: NI680144 Charity Commission NI number: NIC108440

Hope2Families

Company limited by guarantee

Unaudited financial statements

30 June 2023

DocuSign Envelope ID: 17ED76BD-8F84-467D-A1BF-5F777B76DD78

Hope2Families Company limited by guarantee

	Contents
		Page
Reference and Administrative Details		3
Trustees’ Annual Report		4 - 5
Independent Examiners Report		6 - 7
Statement of Financial Activities		8
Balance Sheet		9 - 10
Notes to the Financial Statements		11 - 14

DocuSign Envelope ID: 17ED76BD-8F84-467D-A1BF-5F777B76DD78

Hope2Families Company limited by guarantee

Reference and Administrative Details

Trustees	Mrs Heather Taylor
	Mr William Marc Taylor (Resigned 28 February 2023)
	Mr Mark Christie (Resigned 31 July 2023)
	Ms Iris Elizabeth Loney (Appointed 1 November 2022)
	Ms Thelma Margot Speirs (Resigned 31 July 2023)
	Mr Dillon Marc Taylor (Appointed 6 August 2022)
	Mr Luke James Taylor (Resigned 31 July 2023)
	Ms Susan Mairs (Appointed 31 July 2023)
	Mr Liam Black (Appointed 31 July 2023)
	Mrs Adelle Black (Appointed 31 July 2023)
	Mr Peter Wright (Appointed 25 June 2023)
	Mrs Niamh Wright (Appointed 25 June 2023)
Company number	NI680144
CCNI number	NIC108440
Registered office	15 Ballyveely Road
	Armoy
	Ballymoney
	Co Antrim
	BT53 8UX
Accountants	Potter Finnegan Limited
	Chartered Accountants
	Unit 25 The Courtyard Business Park
	190 Galgorm Road
	Ballymena
	Co Antrim
	BT42 1HL
Bankers	Ulster Bank Limited
	30 The Diamond
	Coleraine
	Co Londonderry
	BT52 1DP

DocuSign Envelope ID: 17ED76BD-8F84-467D-A1BF-5F777B76DD78

Hope2Families Company limited by guarantee

Trustees’ Annual Report Year ended 30 June 2023

The trustees present their report and the unaudited financial statements of the charity for the year ended 30 June 2023. The trustees have adopted the provisions of the Statements of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements of the charity.

Objectives and activities

The purpose of Hope2families, as set out in the Company’s Memorandum of Association, is to help provide practical, emotional and spiritual support to families going through cancer and wider suffering.

Public benefit statement

1) PES support for families | We want to provide practical, emotional, and spiritual support for families that come our way, specifically those battling with cancer.
2) Instilling hope for families | We want to instil hope to any individual who comes in contact with our charity.
3) Restoration for families | We want to provide restoration for children, parents, and families; mending wounds and healing hurts.
4) Raising awareness for families | We want to raise awareness for cancer sufferers, those with addiction and impoverished families, providing them financial support and making people aware of the difficult situations’ families are so often plunged into.

Achievements and performance

1) Diverse online content. We live in an age of technology, so we want to utilise it. We upload various content on a range of platforms, including podcasts.
2) Our Programs. We provide informative training programs such as education on drug and alcohol rehabilitation, education on supporting those with cancer and our ‘abiding support program;’ whereby we help those with cancer understand their diagnosis, reconcile their diagnosis and adjust to life with their diagnosis.
3) Events. Our building is the hub for all our activity! All our events! All our resources!
Christmas Dinner Event
Easter Conference Event
Summer Tent Mission
4) Teams for hope. How we reach the families in our communities is paramount. Painting, gardening, helping with moves and more. A key focus of our charity is visiting families and providing support for families within our local community through the various programs and resources that we run.
5) Wildfire. This is the youth branch of the charity, which has a focus of helping young people aged 1724, through the events that we run and the content we produce.

DocuSign Envelope ID: 17ED76BD-8F84-467D-A1BF-5F777B76DD78

Hope2Families Company limited by guarantee

Trustees’ Annual Report Year ended 30 June 2023

Financial review

The financial results are as set out on pages 8 – 10 of the accounts. The charity’s main source of income is from donations. Total income for 2023 was £60,663 compared to 2022 in £32,007. Total expenditure for 2023 was £55,907 compared to 2022 in £17,682.

Structure, governance, and management

The board of trustees named above continue to work to be the accountability and over-riding decision making management of the operation of the charity. This is achieved through quarterly and regular planned trustee meetings at which a full outline of past progress and strategic forward planning and any financial changes are discussed, and the appropriate minutes recorded. Financial accountability is always made readily available through regular recording, receipt keeping, and all monies being handled from the free-will offering box within the Hope2Families centre, all of which is accounted for by two people being present.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board on 24[th] April 2024 and signed on behalf of the board by:

Ms Susan Mairs Trustee

DocuSign Envelope ID: 17ED76BD-8F84-467D-A1BF-5F777B76DD78

Hope2Families Company limited by guarantee

Independent Examiner’s Report to the Trustees of

Hope2Families Year ended 30 June 2023

We report on the accounts of the company for the year ended 30 June 2023, which are set out on pages 8 to 13.

Respective responsibilities of trustees and examiner

As the charity trustees (and also the directors of the company for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility to:

• examine the accounts under section 65 of the Charities Act (Northern Ireland) 2008;

• follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act; and

state whether particular matters have come to our attention.

Basis of independent examiner's report

We have examined your charity accounts as required under section 65 of the Charities Act and our examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as charity trustees concerning any such matters.

Our role is to state whether any material matters have come to our attention giving us cause to believe:

That accounting records were not kept in accordance with section 386 of the Companies Act 2006
That the accounts do not accord with those accounting records
That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities 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
That there is further information needed for a proper understanding of the accounts to be reached.

DocuSign Envelope ID: 17ED76BD-8F84-467D-A1BF-5F777B76DD78

Hope2Families Company limited by guarantee

Independent Examiner’s Report to the Trustees of

Hope2Families Year ended 30 June 2023

Independent examiner's statement

We have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, we have found no matters that require drawing to your attention.

Steven Potter FCA

Unit 25 The Courtyard Business Park 190 Galgorm Road Ballymena Co Antrim BT42 1HL

24[th] April 2024

DocuSign Envelope ID: 17ED76BD-8F84-467D-A1BF-5F777B76DD78

Hope2families Company limited by guarantee

Statement of Financial Activities Year ended 30 June 2023

Note Income from: Donations and legacies 4 Charitable activities Other Total incoming resources Expenditure on: Raising funds Charitable activities 5 Other 6 Total expenditure Net movement in funds Reconciliation of funds Total funds brought forward Retained earnings at the end of the year	Unrestricted Funds £ 37,617 23,046 - 60,663 - (20,015) (35,892) (55,907) 4,756 14,325 19,081	Total Funds 2023 £ 37,617 23,046 - 60,663 - (20,015) (35,892) (55,907) 4,756 14,325 19,081	Total Funds 2022 £ 30,391 1,616 -
			32,007 - - (17,682)
			(17,682)
			14,325 -
			14.325

All the activities of the company are from continuing operations.

The notes on pages 11 to 13 form part of these financial statements.

DocuSign Envelope ID: 17ED76BD-8F84-467D-A1BF-5F777B76DD78

Hope2Families Company limited by guarantee

Balance Sheet 30 June 2023

Note Fixed assets Tangible assets 8 Current assets Cash at bank and in hand 9 Creditors: amounts falling due within one year 10 Net current assets / (liabilities) Total assets less current liabilities Creditors: amounts falling due after more than one year 11 Net assets Charity funds Unrestricted funds Total Charity funds	£ 9,644 (9,597)	2023 £ 32,064 47 32,111 (13,030) 19,081 19,081 19,081	£ 10,359 (14,970)	2022 £ 18,936 (4,611)
				14,925 -
				14.325
				14.325
				14.325

For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director’s responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

DocuSign Envelope ID: 17ED76BD-8F84-467D-A1BF-5F777B76DD78

Hope2families Company limited by guarantee

Balance Sheet (continued) 30 June 2023

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements were approved by the board and authorised for issue on 24[th] April 2024, and are signed on behalf of the board by:

Mr Liam Black Mrs Adelle Black Trustee Trustee

The notes on pages 11 to 14 form part of these financial statements.

DocuSign Envelope ID: 17ED76BD-8F84-467D-A1BF-5F777B76DD78

Hope2Families Company limited by guarantee

Notes to the Financial Statements Year ended 30 June 2023

1. General information

The company is a private company limited by guarantee, registered in Northern Ireland. The address of the registered office is 15 Ballyveely Road, Armoy, Ballymoney BT53 8UX.

2. Statement of compliance

These financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice ‘Accounting and Reporting by Charities (SORP 2019)’, issued in October 2019 and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Income

Income is recognised in the period in which the Charity is entitled to receipt and the amount can be measured with reasonable certainty.

Tangible assets

Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income, and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Premises improvements 10% straight line Fixtures, fittings & equipment 10% reducing balance Motor vehicles 15% reducing balance

DocuSign Envelope ID: 17ED76BD-8F84-467D-A1BF-5F777B76DD78

Hope2Families Company limited by guarantee

Notes to the Financial Statements (continued) Year ended 30 June 2023

4. Income from donations and legacies

Donations Gift Aid Other Expenditure on charitable activities Entertaining & Events Staff costs Governance costs	Unrestricted Funds £ 37,617 - - 37,617 Unrestricted Funds £ 18,140 1,250 625 20,015	Total Funds 2023 £ 37,617 - - 37,617 Total Funds 2023 £ 18,140 1,250 625 20,015	Toal Funds 2022 £ 30,391 - -
			30,391
			Toal Funds 2022 £ - - -
			-

5. Expenditure on charitable activities

6. Total other expenditure

Rent, rates & insurance Heat & light Repairs & maintenance Motor expenses Printing, postage & stationery Telephone Advertising, entertaining & events Professional fees General administration expenses Depreciation Loss on disposal of fixed assets	Unrestricted Funds £ 7,423 1,312 1,836 6,777 647 577 15 1,810 8,256 4,639 2,600 35,892	Total Funds 2023 £ 7,423 1,312 1,836 6,777 647 577 15 1,810 8,256 4,639 2,600 35,892	Total Funds 2022 £ 3,691 408 14 6,244 448 275 1,104 600 2,461 2,437 -
			17,682

7. Taxation

The company is a registered charity and does not carry out a trading activity. It is therefore exempt from taxation.

DocuSign Envelope ID: 17ED76BD-8F84-467D-A1BF-5F777B76DD78

Hope2Families Company limited by guarantee

Notes to the Financial Statements (continued) Year ended 30 June 2023

8. Tangible assets

Cost At 1 July 2022 Additions Disposals At 30 June 2023 Depreciation At 1 July 2022 Charge for the year Release on disposal At 30 June 2023 Carrying amount At 30 June 2023 At June 2022	Premises Improvements £ 8.968 - - 8,968 897 897 - 1,794 7,174 8,071	Fixtures, fittings and equipment £ 6,405 2,590 - 8,995 640 835 - 1,475 7,520 5,765	Motor vehicles £ 6,000 20,278 (6,000) 20,278 900 2,908 (900) 2,908 17,370 5,100	Total £ 21.373 22,868 (6,000)
				38,241
				2,437 4,640 (900)
				6,177

				32,064
				18,936

9. Cash at bank and on hand

Current account	2023 £ 9,644 9,644	2022 £ 10,359 10,359

10. Creditors: amounts falling due within one year

Due to Trustees Accruals Hire Purchase	2023 £ 6,340 600 2,657 9,597	2022 £ 14,370 600 -
		14,970

DocuSign Envelope ID: 17ED76BD-8F84-467D-A1BF-5F777B76DD78

Hope2Families Company limited by guarantee

Notes to the Financial Statements (continued) Year ended 30 June 2023

11. Creditors: amounts falling due after one year

Hire Purchase	2023 £ 13,030 13,030	2022 £ -
		-

12. Related party transactions

During the year, £1,541 of expenditure was paid for personally by a trustee. A balance of £6,340 remains outstanding at the year end.