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2025-12-31-accounts

REGISTERED COMPANY NUMBER: SC195069 (Scotland) REGISTERED CHARITY NUMBER: SC028928

Report of the Trustees and

Financial Statements for the Year Ended 31 December 2025

for

Hope Connections

Brett Nicholls Associates Herbert House

24 Herbert Street Glasgow G20 6NB

Hope Connections

Contents of the Financial Statements for the Year Ended 31 December 2025

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 to 18

Hope Connections

Reference and Administrative Details for the Year Ended 31 December 2025

TRUSTEES

I A Macfarlane - Chair S Wishart (resigned 3.9.25) K McCallion (resigned 10.2.25) A M Woods (resigned 18.3.26) M A Armstrong (appointed 8.8.25) A M Milton (appointed 21.4.26) M J Moore (appointed 7.4.26) M M Rafferty (appointed 21.5.25) R Robertson (appointed 23.6.26) J I Roughan (appointed 18.3.26) C W J Watson (appointed 27.3.26)

COMPANY SECRETARY Brett Nicholls Associates REGISTERED OFFICE c/o Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB REGISTERED COMPANY NUMBER SC195069 (Scotland) REGISTERED CHARITY NUMBER SC028928 INDEPENDENT EXAMINER David Nicholls FCCA Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB BANKERS Bank of Scotland PO Box 1000 BX2 1LB

Page 1

Hope Connections

Report of the Trustees for the Year Ended 31 December 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of Accounting and Reporting by 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 (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

HOPE Connections is a small Glasgow charity supporting marginalised and isolated people facing addiction, poor mental health, Trauma and ACEs, homelessness, family breakdown, loneliness and financial exclusion. We do this through one-toone practical, advocacy and emotional support, alongside structured groupwork that helps people reconnect, rebuild and move forward.

HOPE Connections was founded on the phrase 'just give us some HOPE, so we can cope'. That spirit continues to shape everything we do. Our dedicated team works to improve the quality of life of people pushed furthest to the edges of society, especially those living in what we describe as a poverty of hope. We believe that Changed People, Change People, so our lived-experience team walk alongside those caught in cycles of addiction, offending and homelessness, offering support, understanding and advocacy grounded in their own personal experience and knowledge of the issues faced by our service users.

Recovery is rarely straightforward and stopping is just the start, so our support is always person-centred and trauma-informed. Our flexible, open-door service is designed to be there whenever people feel they need us, whether in crisis or just starting to feel vulnerable. Addiction is often rooted in unresolved trauma, with substance use masking deep pain, so when people stop using substances, they can face both physical withdrawal and overwhelming emotions, which can increase the risk of relapse. We are grateful to be trusted at such difficult points in people’s lives, and that trust drives us to keep showing up, even when positive change feels distant or fragile.

In 2025 we continued to deliver flexible one-to-one, group and practical support that created hope, positive activity and new connections for the people who needed it most across Glasgow and surrounding areas.

As a connected community, working with an extensive partnership network across Glasgow and beyond, we provide tailored, continuous support that responds to each person’s circumstances. Referrals come from many sources, including self-referral, and wherever possible we aim to meet people within 48 hours.

Our non-judgemental approach helps people stabilise, recover and thrive, as we believe no ones past should define who they are today. Increasingly, we are also supporting families affected by a loved ones struggles. This became even more important over the last year against the deeply challenging backdrop of Glasgow’s housing emergency, the continuing cost of living crisis and the growing impact of new drugs being introduced and easily accessible across the city, including synthetic opioids.

Our skilled outreach team continued their vital work as Peer Mentors, Connectors, Navigators and Advocates, helping people take their first steps into recovery with the reassurance that change is possible. We speak up when needed, stand alongside people when life is overwhelming, and help them recognise that they are not alone as they begin to unlock their potential and tackle their past issues.

We offer practical support shaped around individual circumstances. This can range from a mobile phone, SIM card or bus pass so people stay connected to support and family, to emergency food/shopping that relieves immediate food poverty & hardship, to clothing, toiletries and starter packs to help settle into a tenancy. We also provide clothes and toys for children within the households we support, if required. Over the longer term, we help people build budgeting skills and connect them with money advice and benefit checks so they can maximise their income and reduce financial pressure.

Our team also provides psychosocial interventions, advocacy and emotional support on both a one-to-one and groupwork basis. This can include accompanying service users to health, housing and criminal justice appointments, offering practical advice and encouragement, and simply being someone to talk to when life feels especially difficult.

Page 2

Hope Connections

Report of the Trustees for the Year Ended 31 December 2025

“Navigating life as a recovering alcoholic, living with HIV, and healing from past abuse has been an incredibly difficult journey, however, since reaching out to HOPE, my life has changed for the better. I have been supported every step of the way, and this has opened many doors helping me to manage my addiction. I cannot express enough how valuable your work is.”

Support can also include work around adverse childhood experiences and past or current trauma, helping individuals understand the links between trauma, ACEs, addiction, and mental health; as well as patterns of behaviour which may have led them to be a part of the criminal justice system. This can equip them to make different choices in the future.

Our volunteer CBT counsellor continued to provide valuable therapeutic support in this area in 2025. Alongside this, our wellbeing group for men combined gym-based activity with group and one-to-one discussions on mental and physical health, finances, relationships and other issues affecting daily life.

ACHIEVEMENTS AND PERFORMANCE Charitable activities

The difference we make

In 2025 we responded to challenges across the city and continued to make a meaningful difference in the lives of people who most needed practical help, connection and hope.

The many human and wider social impacts of our work are brought to life in the Stories of Hope which come directly from our service users and can be accessed via our website Stories of Hope - Hope Connections

We thank our participants for both their honesty and trusting us to share their experiences, which truly inspire others and demonstrate that change is possible.

We thank our participants for both their honesty and trusting us to share their experiences, which truly inspire others and demonstrate that change is possible.

HOPE Connections approach is trauma-informed, and our staff team and volunteers also bring lived experience of many of the issues reflected in these stories. The commitment, energy, passion and perseverance of our staff, trustees, volunteers, partners and funders make this impact possible every day. A heartfelt thank you to everyone who helps us shine light in the darkness and be there when someone reaches out, even if all they need in that moment is to know that somebody cares.

----- Start of picture text -----
“I left feeling happier
“The wellbeing
about things I can
group really helped “ I was homeless with nowhere to
change.”
calm and relax me, go, and Hope helped get
meditation was somewhere to stay, motivated me to
amazing.” keep going to groups and get to a
much better place of stability.”
----- End of picture text -----

Page 3

Hope Connections

Report of the Trustees for the Year Ended 31 December 2025

“A sincere thank you for being such a wonderful group to have in our building. We really appreciate the respect, warmth, and positive spirit you bring each time you’re here. You’re always a pleasure to host, and we’re glad to have you as part of the community.”

Our outcomes are bespoke to individual circumstances, and include:

Partnerships

Our partner input is invaluable and gives people more knowledge and awareness of the resources, advice, support and recreation/learning opportunities that are available for them. We continued to work with partners across Glasgow wherever we could add value and will always do all we can for the next person who needs support, whether in Glasgow or beyond.

In 2025, we engaged with the following partners:

Page 4

Hope Connections

Report of the Trustees for the Year Ended 31 December 2025

We continued to work with HMP Barlinnie, providing support on liberation, assisting with reintegration into the community or preparing for moving from prison to rehabilitation facilities. We continued groupwork activities for women in the Lilias Centre and expanded our support services for women involved in the justice, addiction and homelessness systems across the city.

The Team continued to take self-referrals via our freephone number, and we continued to operate as a trusted support partner for statutory bodies, commissioned services and other charities. We maintained a visible presence in hubs, events, and out in communities, ensuring that people in need and their families know we are only a call away.

We participated in the Croft open day, Kiltwalk 2025, the Spring Fling at HMP Barlinnie, city-wide partnership events, and the VDSAA and ROSC citywide networks.

Our staff also undertook a variety of ongoing training, e.g. impact of psychological trauma, boundaries, safeguarding and so on, as well as Wellbeing Sessions supported by the Robertson Trust Plus Fund.

During 2025, we received funding from the following sources:

Thank you all for supporting vulnerable people across Glasgow with the opportunities and support that enable them to thrive.

As in previous years, we will build on these foundations knowing that with the cost-of-living challenges, new and challenging types of drug use, a housing emergency and a tight funding environment, the need for our support is only going to increase.

Our aim is to be the first call people make, knowing we are ready to help and can activate our support networks giving people the best possible chance to leave the past behind and reset their life and ambitions.

It is truly a privilege to be part of HOPE Connections and to chair our amazing Board of Trustee volunteers who are committed to supporting the team to maximise their impact into 2026 and beyond.

FINANCIAL REVIEW

Financial Results

During the year to 31 December 2025, the charity had total income of £216,810 (2024: £117,069), expenditure of £175,925 (2024: £181,641) resulting in a net surplus of £40,885 (2024: deficit of £64,572). In addition, the charity held £51,787 of deferred income relating to grants received prior to year end which will be spent in 2026 (2025: £72,165).

The charity’s total reserves at 31 December 2025 were £138,105 (2024: £97,220). This comprised £46,728 of general unrestricted reserves (2024: £46,863), £16,096 of unrestricted designated funds (2024: Nil) and £75,281 of restricted reserves (2024: £50,357).

Reserves policy

The trustees aim to have unrestricted reserves equivalent to 3 months operational costs which amounts to £43,981 for the year ended 31 December 2025. At balance date the charity held free unrestricted reserves of £46,728. The trustees are therefore satisfied that this policy is being met.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Hope Connections, previously Whiteinch Transformation, is a charitable company limited by guarantee. The charity follows the rules and regulations of the Companies Act 2006 and purposes and administration arrangements are set out in the memorandum and articles.

Recruitment and appointment of new trustees

The board regularly reviews the opportunities and challenged ahead as Hope Connections seeks to develop, recruiting trustees with a blend of missional and business experience.

Page 5

Hope Connections

Report of the Trustees for the Year Ended 31 December 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational structure

The charitable company is managed by the trustee committee and run day to day by a manager with 4 staff and volunteers.

Induction and training of new trustees

On recruitment, new trustees are given documentation on their responsibility as trustees and an explanation of their duties, along with a briefing from the current trustees.

Key management remuneration

The key management personnel of the charity is the manager. Total employer costs for this post in the year was £39,548 (2024: £37,096).

31/07/2026 Approved by order of the board of trustees on .... ~~....~~ BF9D0000-9D2B-46BE-1A04-08DEEF181634......................... ~~....~~ ........ and signed on its behalf by:

BF9D0000-9D2B-46BE-19F9-08DEEF181634

~~.............~~ .................................. ~~.............~~ ..............

I A Macfarlane - Trustee

Page 6

Independent Examiner's Report to the Trustees of Hope Connections

I report on the accounts for the year ended 31 December 2025 set out on pages eight to eighteen.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report

My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes 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 trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with my examination, no matter has come to my attention :

have not been met; or

----- Start of picture text -----
BF9D0000-9D2B-46BE-1A1C-08DEEF181634
----- End of picture text -----

David Nicholls FCCA Fellow of The Association of Chartered Certified Accountants Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB

31/07/2026 Date: ..... ~~....~~ BF9D0000-9D2B-46BE-1A1E-08DEEF181634......................... ~~....~~ .......

Page 7

Hope Connections

Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31 December 2025

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
48,429
Other trading activities
4
430
Other income
5
9,896
Total
58,755
EXPENDITURE ON
Raising funds
6
1,393
Charitable activities
7
Supporting vulnerable and marginalised people in
the community
41,401
Total
42,794
NET INCOME/(EXPENDITURE)
15,961
RECONCILIATION OF FUNDS
Total funds brought forward
46,863
TOTAL FUNDS CARRIED FORWARD
62,824
Restricted
funds
£
158,055
-
-
158,055
-
133,131
133,131
24,924
50,357
75,281
2025
Total
funds
£
206,484
430
9,896
216,810
1,393
174,532
175,925
40,885
97,220
138,105
2024
Total
funds
£
110,969
1,100
5,000
117,069
7,048
174,593
181,641
(64,572)
161,792
97,220

CONTINUING OPERATIONS

This statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities in both years.

Comparative figures for the previous year by fund type are shown in Note 12.

The notes on pages 10-18 form part of these financial statements

Page 8

Hope Connections

Balance Sheet 31 December 2025

Notes
CURRENT ASSETS
Debtors
14
Cash at bank
CREDITORS
Amounts falling due within one year
15
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
17
Unrestricted funds:
General fund
People's Postcode Trust
Robertson Trust
Restricted funds
TOTAL FUNDS
2025
£
770
194,215
194,985
(56,880)
138,105
138,105
138,105
46,728
6,690
9,406
62,824
75,281
138,105
2024
£
916
175,694
176,610
(79,390)
97,220
97,220
97,220
46,863
-
-
46,863
50,357
97,220

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

31/07/2026 BF9D0000-9D2B-46BE-1A13-08DEEF181634

The financial statements were approved by the Board of Trustees and authorised for issue on ~~....~~ .............................BF9D0000-9D2B-46BE-1A13-08DEEF181634 ~~....~~ ........ and were signed on its behalf by:

BF9D0000-9D2B-46BE-1A0A-08DEEF181634

~~.....~~ .................................. ~~.....~~ .

I A Macfarlane - Trustee

The notes on pages 10-18 form part of these financial statements

Page 9

Hope Connections

Notes to the Financial Statements for the Year Ended 31 December 2025

1. GENERAL INFORMATION

Hope Connections ("the charity") is a Scottish charitable company limited by guarantee. It is governed by its Memorandum and Articles of Association. It was registered as a charity in Scotland (registered number SC028928) on 8 April 1999. Its registered address is c/o Brett Nicholls Associates, Herbert House, 24 Herbert Street, Glasgow, G20 6NB.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by 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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention. The financial statements are prepared on an accruals basis, and on a going concern basis, in accordance with:

benefit entities;

Standard applicable in the UK and Republic of Ireland, published in October 2019 (FRS102)' ("the Charities SORP"); - UK Generally Accepted Accounting Practice; and

The charity meets the definition of a public benefit entity under FRS 102.

Assets and liabilities are initially recognised at historical cost or transaction value, unless otherwise stated in the relevant accounting policy.

The financial statements are presented in UK sterling, which is the charity's functional currency, and rounded to the nearest pound.

There have been no changes to the basis of preparation this financial year or to the previous financial year's financial statements.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Financial Instruments

The charity has financial assets and financial liabilities that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

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Hope Connections

Notes to the Financial Statements - continued for the Year Ended 31 December 2025

2. ACCOUNTING POLICIES - continued

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. The following specific policies are applied to particular categories of income:

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Hope Connections is a charity within the meaning of Section 467 of the Corporation Tax Act 2010. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 of Part 11 of the Corporation Tax Act 2010 and section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied for charitable purposes only.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Legal status

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £10. As at 31 December 2025 there were 4 members.

Page 11

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Hope Connections

Notes to the Financial Statements - continued for the Year Ended 31 December 2025

3. DONATIONS AND LEGACIES

Donations
Grants
Grants received, included in the above, are as follows:
The Robertson Trust
National Lottery Community Fund
Bank of Scotland
Arnold Clark Community Fund
Corra Foundation
Volant Trust
People's Postcode Trust
Endrick Trust
Merchant House
Hugh Fraser Foundation
The Trades House of Glasgow Commonwealth
Whiteinch & Scotstoun Housing Association
4.
OTHER TRADING ACTIVITIES
Fundraising events
5.
OTHER INCOME
Employment Allowance
6.
RAISING FUNDS
Raising donations and legacies
Fundraising
2025
£
630
205,854
206,484
2025
£
37,900
70,575
-
-
51,786
15,000
15,333
3,000
3,560
5,000
1,800
1,900
205,854
2025
£
430
2025
£
9,896
2025
£
1,393
2024
£
2,005
108,964
110,969
2024
£
-
15,089
25,000
1,000
51,597
15,000
1,278
-
-
-
-
-
108,964
2024
£
1,100
2024
£
5,000
2024
£
7,048

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Hope Connections

Notes to the Financial Statements - continued for the Year Ended 31 December 2025

7.
CHARITABLE ACTIVITIES COSTS
Direct
Support
Costs (see
costs (see
note 8)
note 9)
£
£
Supporting vulnerable and marginalised
people in the community
149,424
25,108
8.
DIRECT COSTS OF CHARITABLE ACTIVITIES
2025
£
Staff costs
129,869
Travel
5,868
Hospitality & Refreshments
931
Training and Events
1,334
Donations & Gifts
169
Outreach Work
9,544
Community Calling Expenses
982
Marketing
727
Uniform
-
149,424
9.
SUPPORT COSTS
2025
£
Bank charges
670
Preparation & Independent Examination of Accounts
1,950
Bookkeeping
5,098
Administration
15,329
Premises Costs
1,015
Payroll Fees
1,046
25,108
Totals
£
174,532
2024
£
126,381
9,325
1,167
287
499
13,946
810
348
387
153,150
2024
£
479
1,950
4,008
10,510
1,856
2,640
21,443

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Hope Connections

Notes to the Financial Statements - continued for the Year Ended 31 December 2025

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024.

11. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Project Staff
No employees received emoluments in excess of £60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
6,740
Other trading activities
1,100
Other income
5,000
Total
12,840
EXPENDITURE ON
Raising funds
7,048
Charitable activities
Supporting vulnerable and marginalised people
in the community
24,790
Total
31,838
NET INCOME/(EXPENDITURE)
(18,998)
Transfers between funds
8,494
Net movement in funds
(10,504)
RECONCILIATION OF FUNDS
Total funds brought forward
57,367
TOTAL FUNDS CARRIED FORWARD
46,863
2025
£
112,783
11,712
5,374
129,869
2025
6
Restricted
funds
£
104,229
-
-
104,229
-
149,803
149,803
(45,574)
(8,494)
(54,068)
104,425
50,357
2024
£
113,106
7,851
5,424
126,381
2024
6
Total
funds
£
110,969
1,100
5,000
117,069
7,048
174,593
181,641
(64,572)
-
(64,572)
161,792
97,220

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

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Hope Connections

Notes to the Financial Statements - continued for the Year Ended 31 December 2025

13. TANGIBLE FIXED ASSETS
Office &
Other
Equipment
£
COST
At 1 January 2025 17,274
Disposals (17,274)
At 31 December 2025 -
DEPRECIATION
At 1 January 2025 17,274
Eliminated on disposal (17,274)
At 31 December 2025 -
NET BOOK VALUE
At 31 December 2025 -
At 31 December 2024 -
14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Prepayments 770 916
15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Social security and other taxes 1,390 1,254
Pension Payable 700 565
Deferred income 51,787 72,165
Accrued expenses 3,003 5,406
56,880 79,390
Deferred income comprised income received for projects which the charity was not entitled to until the following year.
2025 2024
£ £
At 1 January 72,165 -
Deferred in year 51,787 72,165
Released in year (72,165) -
At 31 December
51,787
72,165

Deferred income comprised income received for projects which the charity was not entitled to until the following year.

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Hope Connections

Notes to the Financial Statements - continued for the Year Ended 31 December 2025

16. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted
Restricted
funds
funds
£
£
Current assets
119,704
75,281
Current liabilities
(56,880)
-
62,824
75,281
2025
Total
funds
£
194,985
(56,880)
138,105
2024
Total
funds
£
176,610
(79,390)
97,220

Comparatives for analysis of net assets between funds

2024 2023
Total
funds
£
167,822
(6,030)
161,792
Unrestricted
Restricted
Total
funds funds funds
£ £ £
Current assets 126,253 50,357 176,610
Current liabilities (79,390) - (79,390)
46,863 50,357 97,220

17. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
Net
movement At
At 1/1/25 in funds 31/12/25
£ £ £
Unrestricted funds
General fund 46,863 (135) 46,728
People's Postcode Trust - 6,690 6,690
Robertson Trust - 9,406 9,406
46,863 15,961 62,824
Restricted funds
National Lottery 4,978 10,842 15,820
Corra Foundation 21,989 13,450 35,439
Bank of Scotland Foundation 14,859 (14,859) -
Volant Trust 8,531 3,451 11,982
Merchant House - 3,560 3,560
The Robertson Trust - 1,324 1,324
Hugh Fraser Foundation - 3,202 3,202
The Trades House of Glasgow
Commonwealth - 1,800 1,800
The Endrick trust - 683 683
Whiteinch & Scotstoun Housing Association
Community Fund - 1,471 1,471
50,357 24,924 75,281
TOTAL FUNDS 97,220 40,885 138,105

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continued...

Hope Connections

Notes to the Financial Statements - continued for the Year Ended 31 December 2025

17. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
People's Postcode Trust
Robertson Trust
Restricted funds
National Lottery
Corra Foundation
Bank of Scotland Foundation
Volant Trust
Merchant House
The Robertson Trust
Hugh Fraser Foundation
The Trades House of Glasgow
Commonwealth
The Endrick trust
Whiteinch & Scotstoun Housing Association
Community Fund
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
National Lottery
Corra Foundation
Bank of Scotland Foundation
Volant Trust
GCVS Mental Health Fund
Merchant House
TOTAL FUNDS
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
13,422
(13,557)
(135)
15,333
(8,643)
6,690
30,000
(20,594)
9,406
58,755
(42,794)
15,961
70,575
(59,733)
10,842
49,320
(35,870)
13,450
-
(14,859)
(14,859)
15,000
(11,549)
3,451
3,560
-
3,560
7,900
(6,576)
1,324
5,000
(1,798)
3,202
1,800
-
1,800
3,000
(2,317)
683
1,900
(429)
1,471
158,055
(133,131)
24,924
216,810
(175,925)
40,885
Net
Transfers
movement
between
At
At 1/1/24
in funds
funds
31/12/24
£
£
£
£
57,367
(18,998)
8,494
46,863
38,094
(28,116)
(5,000)
4,978
30,933
(8,944)
-
21,989
15,948
(1,089)
-
14,859
7,213
4,812
(3,494)
8,531
4,937
(4,937)
-
-
7,300
(7,300)
-
-
104,425
(45,574)
(8,494)
50,357
161,792
(64,572)
-
97,220

Page 17

continued...

Hope Connections

Notes to the Financial Statements - continued for the Year Ended 31 December 2025

17. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
National Lottery
Corra Foundation
Bank of Scotland Foundation
Volant Trust
GCVS Mental Health Fund
Merchant House
TOTAL FUNDS
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
12,840
(31,838)
(18,998)
15,089
(43,205)
(28,116)
49,140
(58,084)
(8,944)
25,000
(26,089)
(1,089)
15,000
(10,188)
4,812
-
(4,937)
(4,937)
-
(7,300)
(7,300)
104,229
(149,803)
(45,574)
117,069
(181,641)
(64,572)

18. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2025 nor for the year ended 31 December 2024.

19. PURPOSES OF UNRESTRICTED FUNDS

General funds - The Unrestricted, 'free reserves' of the Charity

People's Postcode Trust - Designated to fund an extra support worker

The Robertson Trust - To be used towards the core running costs

20. PURPOSES OF RESTRICTED FUNDS

National Lottery Community Fund - Funding for support worker and volunteer coordinator salaries

Corra Foundation - Funding for manager and support worker salaries.

Bank of Scotland Foundation - Funding for support worker and administrative staff salaries.

Volant Trust - Funding for female support worker and a contribution to core costs.

GCVS Mental Health Fund - Funding to support newly released prisoners.

Merchant House - This fund was to offer practical support for individuals struggling with addictions and poor Mental Health.

Robertson Trust Plus Fund – Activities supporting organisational and staff development

Hugh Fraser Foundation – Contributions to practical client support needs and physical, mental health/wellbeing group work costs.

The Trades House of Glasgow Commonwealth - Towards the core costs of delivering practical 1-1 support for individuals, and the group wellbeing programmes.

Endrick Trust - Funding towards the core costs of delivering practical 1-1 support for individuals and group attendees.

WSHA Community Fund - Towards the G14 Wellbeing Groups.

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