OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-03-31-accounts

!"#$%&' )*+,-$ .!/01020

!"# %& '%()

*)(%+, "-. /0-"-10"2 3,",)4)-,5

/%+ ,6) 7)"+ 8-.). 9: ;"+16 <=<>

Bay of Hope Report and Accounts For The Year Ended 31 March 2025

Contents

Page
Reference and Administration Details 3
Trustees' Annual Report 4 - 7
Independent Examiner's Report 8
Receipts and Payments Account 9
Statement of Balances 10
Notes to the Accounts 11-12

Page 2 of 12

Bay of Hope Report and Accounts For The Year Ended 31 March 2025

Reference and Administration Details

Charity Name Bay of Hope
Charity Number SC051545
Principal Address 112 Bay Street
Port Glasgow
PA14 5BN
Trustees Chair
Treasurer
Secretary
Bankers Bank of Scotland
26 John Wood Street
Port Glasgow
PA14 5HX
Independent Examiner
Brett Nicholls Associates
Herbert House
24 Herbert Street
Glasgow
G20 6NB

Page 3 of 12

Bay of Hope Report and Accounts For The Year Ended 31 March 2025

Trustees' Annual Report

The trustees present their Report and Accounts For The Year Ended 31 March 2025

Structure, Governance and Management

Governing Document

Bay of Hope is a Scottish Charitable Incorporated Organisation (SCIO) dedicated to uplifting vulnerable individuals in rural communities across central and eastern Uganda. Bay of Hope was established as a charity on 26th January 2022, working closely with their Ugandan sister organisation, Bay of Hope International Ltd since then, to deliver life-changing support through community-rooted interventions. This year marks their fifth year of committed service, guided by its constitution and being underseen by the Office of the Scottish Charity Regulator (OSCR).

Leadership

As we celebrate the 2024/25 year of impactful work, Bay of Hope continues to be actively led by a dedicated Board of Trustees. Our leadership team brings passion, strategic insight, and cultural understanding to every initiative, ensuring effective governance and strong accountability across all areas of operation.

Objectives and Activities

Charitable Purposes

The organisation’s purposes are:

a) The relief of poverty by supporting children and their families in rural Uganda including the payment of school fees and the buying of school uniforms.

b) The advancement of education including the management of a child sponsorship programme in rural Uganda. This will enable children from disadvantaged communities to receive a formal education.

c) The advancement of health by providing humanitarian support, including the provision of medication and food parcels to those in need in rural Uganda.

d) To deliver the above humanitarian support through a connected organisation, Bay of Hope International Ltd, based in Uganda.

Significant Activities

Bay of Hope was able to deliver the above humanitarian work by raising funds in Scotland and remitting these to its sister charity in Uganda, Bay of Hope International Ltd who delivered these support services through a loyal team of staff and volunteers. This work is described below.

Page 4 of 12

Bay of Hope Report and Accounts For The Year Ended 31 March 2025

Trustees' Annual Report

Charitable Activities

Child Sponsorship Programme

Over the past year:

• A team of four trustees from Bay of Hope (Scotland) undertook a meaningful visit to our sister charity, Bay of Hope International in Uganda, between 09/08/24 to 15/08/24 to witness the official opening of Kirstie’s Cottage —our first dedicated residential home for vulnerable young people.

• Kirstie’s Cottage now provides safe housing for six children and young people who have experienced abuse, abandonment, or other forms of hardship. This milestone represents a major step forward in our mission to offer protection, stability, and hope to those most in need.

Orphanage & Child Protection Work

Family Empowerment & Community Development

Page 5 of 12

Bay of Hope Report and Accounts For The Year Ended 31 March 2025

Trustees' Annual Report

Health and Livelihood Interventions

In pursuit of holistic support, Bay of Hope has:

• Bay of Hope responded to a deeply distressing situation involving a vulnerable young lady found in an abandoned house beside the deceased body of her brother,who had tragically starved to death. The siblings had been left without care or resources, and the young woman was in a state of extreme physical and emotional distress.

Upon discovery, our team acted swiftly to:

This intervention not only saved a life , but also highlighted the devastating consequences of neglect and abandonment. It reaffirmed our mission to:

Safe Housing Development

A major milestone this year was the successful completion of a secure cottage , now home to 6 young people in our care:

Future Plans

With the foundation firmly in place, Bay of Hope is now turning toward sustainability and growth :

Cottage Sustainability Project

We plan to establish a small chicken farm and kitchen garden within the cottage compound, which will:

Our goal is to model self-sufficiency and create sustainable livelihoods that support long-term care and development.

As part of our ongoing commitment to safeguarding vulnerable individuals,Bay of Hope is undertaking a strategic expansion of its residential support facilities. We plan to build four additional cottages on land owned by the organisation in Uganda. These cottages will provide safe, stable housing for individuals—particularly children and young people—who are in immediate danger due to abuse, abandonment, or other forms of exploitation.

Page 6 of 12

8ay of Hope Report and AcCo￿ts FarThe Year Ended 31 Marth2025 Tru51e¢5' Amual Report This expansion will: . Increase capaclty to acc£nmodate more at-risk Indlviduals In a secure and nurturtng envlronment. Pro¥lde tra￿)J-Intrrne￿ (are through dedtcated stsff and Voluntee￿ trained in child protectlon and psychosocial support. • Enable famly reunifKathn elf<Yts by offering temporary shelter whlle lonE-teryn solutknns are pursued. • Stren8thÈn ¢ommunlty reslwnee by ensurlng thatvuknerable mernbe￿ are protected and supported wlthln th8lr lo￿1 contexL The cottages wdl bÈ modest, dLwable, and designed to mp.et the basic need5 Qr resldents while fostsring a sense of dignlty and bek)nging. Thiq inrtiative aligns with eay of Hope'5 ethos of keeplN3 d￿dren vAthin tholr thmmunltlfrs arKI promolui8 family-basedcare wherever possible. We alm to cdlabornte local ￿tIders, communit¥ feadors, and partner or8ani53tl¢￿s to ensure the project is both cost-effettlve ond ¢ukurally appropTh?tÈ. Long-tp.rm sU5Liinablllty wlll be supp)rted throufjjh onuoin8 lundralsin8, sponsorshipi and comrnunlty enga8emenL As Bay of Hope ￿lebrdte another yehrof meaningful impact. we remaln deeply grateful to ourdonor5. voluntoer5, and partnets. Your Supp￿ empowers our mi55ion to buld safer, healthler, and resllient CLYnmunilles in Llganda. Together. we are notjust thanging live5-we a￿ bulldlThJ hope. FknarKlal Revlew The income for the year ended 31 Marth 2025 de￿ed ffom gifts, dorbatlons and fundraisiig totslled E12290 12024.. £89601. A tutèl of £IZh9012024: £12fi211 was Spent duri￿ the year ar after payin8 the bank fees and Indeppndont cxamlnatlon fee; the bahn¢¢ was remltto.d to Vgan& le8vln8 a net defKIt of £20012024: defi¢lt of £3,661). This dÈfKit vrds absor￿d ty bank functs or+ hand atthe be8lnnkng of the financial yeai. The unrestrKted reseNe5 at 31 March 2025 were £1,97312024.. £2.1731 Rese￿•5 Pd It is the policy of the Trustres to ho￿ reseNes 4ui¥alent to three months runnlng costs, based on the yearended 31 Ma￿h 2025. thi5 equates to £3,123. The balance of unfestrirted re5erve5 on 3151 M6trh 2025 stcd at £1973 12024: £2.1731, t￿refOre the frustees are wthkng to Increase the free reserves of ch?rrty. The trustee5 decla￿ that they have approved the rpFKJrtabovÈ. S*ned on behalf ¢Jf the eharfty'5 twstees". Oate.. Date: Page 7 of 12

Bay of Hope Report and Accounts For The Year Ended 31 March 2025

Independent Examiner's Report

Report to the trustees/members of Bay of Hope
Registered charity number SC051545
Accounts of the charity for the period 1 April 2024 to 31 March 2025
Set out on pages 9 - 12

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) 2005 Act and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (d) 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 Independent Examiner's statement:

My examination is 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 seeks explanations from the 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 accounts.

Independent Examiner's statement:

In the course of my examination, no matter has come to my attention:

  1. Which gives me reasonable cause to believe that in any material respect the requirements to:

  2. keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and

  3. prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations

have not been met, or

  1. To which, in my opinion,attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Date:

Brett Nicholls Associates

Herbert House, 24 Herbert Street, Glasgow, G20 6NB

Page 8 of 12

Bay of Hope Report and Accounts For The Year Ended 31 March 2025

Receipts and Payments Account

Receipts
Notes
Donations
3
Other Income
4
Payments
Charitable Activities Costs
5
Support Costs
6
Net Receipts/-Payments
Funds Brought Forward
Funds Carried Forward
Total
Funds
£
7,005
5,285
12,290
11,770
720
12,490
(£200)
2,173
£1,973
2024
Total
£
4,118
4,842
8,960
12,120
501
12,621
(3,661)
5,834
£2,173

The notes on pages 11-12 form an integral part of these accounts.

All income and expenditure in the year arose in unrestricted funds.

Page 9 of 12

Boy of Hope RepxtandA¢rounts F¢r Year Ended31 Marth 2025 Ststementof Balances Totol Funds 2024 Ttstol Opening Cash and Bank Balances Surpluv-l￿ftttfOrthe year sing Cash and 83nk Balances 2,173 1200) 5*34 13,6611 2,173 Signed on behalf of the tnjstees.. te.. Page IOof12

Bay of Hope Report and Accounts For The Year Ended 31 March 2025

Notes to the Accounts

1. General Information

Bay of Hope ("the charity") is a Scottish charitable incorporated organisation and governed by its constitution dated 26th January 2022. It was registered as a charity in Scotland (registered number SC051545) on 26th January 2022. It's registered address is 112 Bay Street, Port Glasgow, PA14 5BN.

2. Basis of Preparation

These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities and

Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

3. Donations
Individuals
Companies
4. Other Income
Fundraising in Scotland
Gift Aid Claim (HMRC)
5. Charitable Activities Costs
Payment to Bay of Hope International
in Uganda to fund charitable activities
6. Support Costs
Bank Charges
Independent Examination Fee
Unrestricted
Restricted
Total
Funds
Funds
Funds
£
£
£
6,990
-
6,990
15
-
15
7,005
-
7,005
Unrestricted
Restricted
Total
Funds
Funds
Funds
£
£
£
4,470
-
4,470
815
-
815
5,285
-
5,285
Unrestricted
Restricted
Total
Funds
Funds
Funds
£
£
£
11,770
-
11,770
Unrestricted
Restricted
Total
Funds
Funds
Funds
£
£
£
120
-
120
600
-
600
720
-
720
Total
2024
£
4,118
-
4,118
Total
2024
£
4,420
422
4,842
Total
2024
£
12,120
Total
2024
£
201
300
501

Page 11 of 12

Bay of Hope Report and Accounts For The Year Ended 31 March 2025

Notes to the Accounts

7. Related Party Transactions

The trustees received no remuneration or expenses during the year.

There were no related party transactions during the year.

8. Funds Analysis Opening Closing
Balance Balance
Unrestricted 1 April 24 Receipts Payments Transfers 31 March 25
General 2,173 12,290 12,490 - 1,973

Page 12 of 12