REGISTERED CHARITY NUMBER: SC045626
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 May 2025 for
More Hope Foundation
Alexander Wood Accountants & Co Limited 119 Renfrew Road Mirren Court One 1st Floor, Unit 4 Paisley PA3 4EA
More Hope Foundation
Contents of the Financial Statements for the Year Ended 31 May 2025
Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements Detailed Statement of Financial Activities
Page 1 to 2 3 4 5 6 to 10 11
More Hope Foundation
Report of the Trustees for the Year Ended 31 May 2025
The trustees present their report with the financial statements of the charity for the year ended 31 May 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
The advancement of the arts,heritage,culture or science and racial harmony and teaching of languages.
The significant activities during the year was that of:
Summer outing took place on 12th July 2025. Children went for a trip to Action Glen Adventure Park at Crieff Hydro Perthshire.
We went for a summer sports event on 19th July at Pollok Country Park.
Other significant activities
-
Children and family skill development program/training.
-
Family support and food/Voucher distribution to children and families affected by high cost of living
-
Mental Health support to children and their families
-
Language development for children and young people
-
Social integration and networking activities ( Cycling activities For children)
-
Drawing and Art class for children
-
Workshops and support programs for children and young people
-
Cultural Talk shows
-
Dancing
-
Adults sporting activities.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number SC045626
Principal address
Trustees
Page 1
More Hope Foundation
Report of the Trustees for the Year Ended 31 May 2025
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner
Alexander Wood Accountants & Co Limited 119 Renfrew Road Mirren Court One 1st Floor, Unit 4 Paisley PA3 4EA
Approved by order of the board of trustees on 23 December 2025 and signed on its behalf by:
Page 2
Independent Examiner's Report to the Trustees of More Hope Foundation
Independent examiner's report to the trustees of More Hope Foundation | report to the charity trustees on my examination of the accounts of More Hope Foundation (the Trust) for the year ended 31 May 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). | report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination | have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
i; accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
2: the accounts do not accord with those records; or 3 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Alexander Wood Accountants & Co Limited 119 Renfrew Road Mirren Court One 1st Floor, Unit 4 Paisley PA3 4EA
23 December 2025
Page 3
More Hope Foundation
| Statement of Financial Activities | |||
|---|---|---|---|
| for the Year Ended 31 May 2025 | |||
| 31:5:25 | 31.5.24 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 41,308 | 42,673 | |
| EXPENDITURE ON | |||
| Other | 44,309 | 38,931 | |
| NET INCOME/(EXPENDITURE) | (3,001) | 3,742 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 14,119 | 10,377 | |
| TOTALFUNDSCARRIEDFORWARD | 11,118 | 14,119 |
The notes form part of these financial statements
Page 4
More Hope Foundation
Balance Sheet 31 May 2025
| 31.5:25 | 31.5.24 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| FIXED ASSETS | |||
| Tangible assets | 4 | 745 | - |
| CURRENT ASSETS | |||
| Cash at bank | 38,983 | 42,729 | |
| CREDITORS | |||
| Amounts falling due within one year | 5 | (500) | (500) |
| NET CURRENT ASSETS | 38,483 | 42,229 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 39,228 | 42,229 | |
| CREDITORS | |||
| Amounts falling due after more than one | |||
| year | 6 | (28,110) | (28,110) |
| NET ASSETS | 11,118 | 14,119 | |
| FUNDS | 7 | ||
| Unrestricted funds | 11,118 | 14,119 | |
| TOTALFUNDS | 11,118 | 14,119 |
The financial statements were approved by the Board of Trustees and authorised for issue on 23 December 2025 and were signed on its behalf by:
The notes form part of these financial statements
Page 5
More Hope Foundation
Notes to the Financial Statements for the Year Ended 31 May 2025
- 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 Act 2011. The financial statements have been prepared under the historical cost convention.
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. 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
The charity is exempt from tax on its charitable activities.
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.
Page 6
continued...
More Hope Foundation
Notes to the Financial Statements - continued for the Year Ended 31 May 2025
- TRUSTEES' REMUNERATION AND BENEFITS There were no trustees’ remuneration or other benefits for the year ended 31 May 2025 nor for the year ended 31 May 2024.
Trustees’ expenses
There were no trustees’ expenses paid for the year ended 31 May 2025 nor for the year ended 31 May 2024.
- COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
==> picture [49 x 32] intentionally omitted <==
----- Start of picture text -----
Unrestricte
fund
2
----- End of picture text -----
==> picture [174 x 22] intentionally omitted <==
----- Start of picture text -----
INCOME AND ENDOWMENTS FROM
Donations and legacies
----- End of picture text -----
42,673
EXPENDITURE ON
==> picture [25 x 12] intentionally omitted <==
----- Start of picture text -----
Other
----- End of picture text -----
==> picture [29 x 12] intentionally omitted <==
----- Start of picture text -----
38,931
----- End of picture text -----
NET INCOME
3,742
RECONCILIATION OF FUNDS
Total funds brought forward 10,377
TOTAL FUNDS CARRIED FORWARD 14.119
Page 7
continued...
More Hope Foundation
Notes to the Financial Statements - continued for the Year Ended 31 May 2025
| 4. | TANGIBLE FIXED ASSETS | |||
|---|---|---|---|---|
| Computer | ||||
| equipment | ||||
| £ | ||||
| COST | ||||
At 1 June 2024 |
8,802 | |||
| Additions | 995 | |||
| At 31 May 2025 | 9,797 | |||
| DEPRECIATION | ||||
At 1 June 2024 |
8,802 | |||
| Charge for year | 250 | |||
| At 31 May 2025 | 9,052 | |||
| NET BOOK VALUE | ||||
| At 31 May 2025 | 745 | |||
| At 31 May 2024 | - | |||
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.5.25 | 31.5.24 | |||
| = | £ | |||
| Other creditors | 500 | 500 | ||
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN | ONE YEAR | ||
| 31.5.25 | 31.5.24 | |||
| £ | £ | |||
| Other creditors | 28,110 | 28,110 | ||
| Ts | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.6.24 | in funds | 315.25 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 14,119 | (3,001 ) | 11,118 | |
| TOTALFUNDS | 14,119 | (3,001) | 11,118 |
Page 8
continued...
More Hope Foundation
Notes to the Financial Statements - continued for the Year Ended 31 May 2025
re MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows:
==> picture [415 x 95] intentionally omitted <==
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|a|£|£|
|Unrestricted|funds|
|General|fund|41,308|(44,309)|(3,001|)|
|TOTAL FUNDS|41,308|(44,309)|(3,001|)|
----- End of picture text -----
Comparatives for movement in funds
==> picture [417 x 453] intentionally omitted <==
----- Start of picture text -----
|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Net|
|movement|At|
|At|1.6.23|in|funds|31.5.24|
|£|£|£|
|Unrestricted|funds|
|General|fund|10,377|3,742|14,119|
|TOTAL FUNDS|10,377|3,742|14,119|
|Comparative|net|movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|42,673|(38,931)|3,742|
|TOTAL FUNDS|42,673|(38,931|)|3,742|
|A|current|year|12|months|and|prior year|12|months|combined|position|is|as|follows:|
|Net|
|movement|At|
|At|1.6.23|in|funds|31.5.25|
|£|£|£|
|Unrestricted|funds|
|General|fund|10,377|741|1434418|
|TOTAL FUNDS|10,377|741|11,118|
|Page|9|continued...|
----- End of picture text -----
More Hope Foundation
Notes to the Financial Statements - continued for the Year Ended 31 May 2025
Gs MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined net movement in _ funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| F | £ | £ | |
| Unrestricted funds | |||
| General fund | 83,981 | (83,240) | 741 |
| TOTALFUNDS | 83,981 | (83,240) | 741 |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 May 2025.
Page 10
More Hope Foundation
| Detailed Statement of Financial Activities | ||
|---|---|---|
| forthe Year Ended 31 May 2025 | ||
| 31.5.25 | 31.5.24 | |
| £ | 3 | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 745 | 1,749 |
| Grants | 40,563 | 40,924 |
| 41,308 | 42,673 | |
| Total incoming resources | 41,308 | 42,673 |
| EXPENDITURE | ||
| Support costs | ||
| Management | ||
| Insurance | ff | 775 |
| Volunteer cost | 3,117 | 2,335 |
| Telephone | 905 | 905 |
| Postage and stationery | 1,075 | 1,075 |
| Promotional activities | 3,600 | 3,600 |
| Event costs | 23,121 | 10,072 |
| Venue hire | 4,835 | 9,289 |
| Donation | 5,948 | 8,291 |
| Depreciation oftangible and heritage | ||
| assets | 250 | 1,942 |
| 43,626 | 38,284 | |
| Finance | ||
| Bank charges | 83 | 12 |
| Governance costs | ||
| Accountancy and legal fees | 600 | 575 |
| Total resources expended | 44,309 | 38,931 |
| Net(expenditure)/income | (3,001) | 3,742 |
This page does not form part of the statutory financial statements
Page 11