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2025-12-31-accounts

The Hope Chest Community Project

Annual Accounts to December 2025

SC051693

Hope Chest Community Project Based at Wellesley Parish Church Old Hall Wellesley Road, Methil, Fife, KY8 3PE

Annual Report 2025

The Hope Chest Community Project operates in the old Church Hall at Wellesley Parish Church. Our aims are:

The Hope Chest Community Project achieves this through:

2025 has seen our project grow again, particularly in terms of the amount of referrals received, and also in terms of how busy the showroom is. The donations we receive have also increased substantially as we have become better known in the local area and requests to collect donations happen almost daily.

The team has grown too, with over 40 volunteers for the van and the showroom being involved regularly, and Manager Gary Nurse, and Trustees Laura Walker and Sheena McCallum lead the day to day operation, with others dealing with the referrals as Pat Reid has had to step back because of her health. Well over 150 families have been helped by referrals this year, and many more through the low prices offered in our showroom. Deputy Manager Freda McIntoch resigned in the autumn, and the role has not been replaced at present.

The Trustees have met regularly throughout the year, and have reviewed all our policies, and insurance liabilities. We have public liability insurance, employee liability insurance and comprehensive van insurance to safeguard the operation of our service. We closed for a month in the autumn to upgrade the internal shopfittings and displays and this was a very successful project.

Due to the income we are generating, we have been able to purchase white goods required for referrals, delivering washing machines and tumble dryers where required, as well as purchasing new beds. The van purchased last year has proved

to be an excellent resource for us to use in the operation of the project. Sadly the van was vandalised on two occasions in August and in September, and we were without a van for many weeks until repairs were done.

The AGM was held in May and all the officebearers stood down as per our Constitution. The Trustees remained Gary Nurse, Lynn McMahon, Sheena McCallum, Amy Mathewson, Joan Graham, Laura Walker, Fiona Scobie, the Rev Dr David Coulter and Rev Gillian Paterson throughout the year. We will continue to offer necessary training for all volunteers and to review all aspects of the project on a regular basis.

Laura Walker

Chair of the Trustees 2025-2026

30.03.2026

Hope Chest Community Project - SCO51693 Accounts for year ending 31 December 2025

Receipts
£
Gross trading receipts
43,151
Fashion Show
620
Donations
400
Bank Interest
159
Total Receipts
44,330
Payments
£
Donations
16,494
Property & Equipment
14,223
Transport Costs
5,056
Utility Costs
4,628
Gifts & Lunches Volunteers
1,115
IT Costs
328
Fashion Show
298
Other Costs
635
Total Payments
42,777
Surplus for the year
1,553
Funds Brought forward
44,988
Funds as at 31 December 2025
46,541
Statement of Balance as at 31 December 2025
Cash Funds
£
Cash in bank - Current Account
26,372
Cash in Bank - Deposit Account
20,169
Cash Funds as at 31 December 2025
46,541
Receipts
£
Gross trading receipts
43,151
Fashion Show
620
Donations
400
Bank Interest
159
Total Receipts
44,330
Payments
£
Donations
16,494
Property & Equipment
14,223
Transport Costs
5,056
Utility Costs
4,628
Gifts & Lunches Volunteers
1,115
IT Costs
328
Fashion Show
298
Other Costs
635
Total Payments
42,777
Surplus for the year
1,553
Funds Brought forward
44,988
Funds as at 31 December 2025
46,541
Statement of Balance as at 31 December 2025
Cash Funds
£
Cash in bank - Current Account
26,372
Cash in Bank - Deposit Account
20,169
Cash Funds as at 31 December 2025
46,541
2024
£
49,070
0
930
10
50,010
£
6,038
12,068
3,975
7,616
807
422
0
1,496
32,422
17,588
2024
£
24,978
20,010
44,988
Other Assets
Vehicle - Ford Transit 350L3 Van
At Cost
£
23,674
Current
Value
£
15,920

Hope Chest Community Project - SCO51693 Analysis of Payments 2025

Analysis of Payments 2025
Donations
Wellesely Church
Levenmouth Foodbank
CHAS
Aberhill PS Xmas Appeal
Toys for Xmas Appeal
Poppy Scotland
Total Donations
Property & Equipment Costs
Rent
Purchase of Goods & Equipment
Fife Council Bins/Cleaning
Alarm & CCTV System
Property Insurance
Fixtures, Fittings & Repairs
PAT Electrical Testing
Total Property & Equipment Costs
Transport Costs
Van Insurance
Skip Hire & Container Clearance
Van repais, MOT & servicing
Road Tax
Fuel
Van Hire
Mileage & Bus Fares for Volunteers
Total Transport Costs
Utility Costs
Gas Costs
Electricity Costs
Telecomms
Contribution to Wellesley Church
Total Utility Costs
2024
£
£
15,000
5,000
500
500
500
0
300
300
194
170
0
68
16,494
6,038
£
£
5,500
4,700
4,467
2,878
1,726
1,221
1,209
1,891
686
669
499
602
136
107
14,223
12,068
£
£
2,093
1,459
1,369
1,160
806
367
345
335
230
580
203
0
10
74
5,056
3,975
£
£
3,131
1,322
1,364
1,294
133
0
0
5,000
4,628
7,616

Hope Chest Community Project - SCO51693 Analysis of Payments 2025 - Continued

Gifts & Lunches
Catering
Flowers
Gifts
Total Gifts & Lunches
IT Costs
Internet Charges
Mobile Data
Laptop & Dongle
Total IT Costs
Total Fashion Show Costs
Other Costs
CCLI Licence
Stationery
Consumables
Customer Refunds
Meeting costs
Protective Clothing
Auditor Gift
David Baum Helping Hand
Products for resale
Total Other Costs
TOTAL COSTS
£
£
567
349
367
160
181
298
1,115
807
£
£
268
69
60
57
0
296
328
422
298
0
£
£
268
259
182
0
85
472
58
285
42
30
0
237
0
100
0
57
0
55
635
1,495
42,777
32,422

Independent Examiner’s Report to the Trustees of The Hope Chest Community Project Trust

I report on the accounts of the charity for the year ended 31 December 2025 which are set out above.

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 trustees consider that the audit requirement of Regulation 10(1) (d) of the 2006 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 2006 Accounts Regulations. My 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 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 view given by the accounts.

Independent examiner’s statement

During my examination, no matter has come to my attention to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached:

In concluding I am satisfied that the accounting records presented to me are complete and that the accounts for year ending 31 December 2025 agree to these.

Name: G D A Thomson

Professional Qualification: Chartered Management Accountant CGMA ACMA

Address: 38 Rosemount Grove, Leven, Fife. KY8 4FY

Date: 11 June 2026

Signed: