HOSTELS OF HOPE COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
11235797 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

HOSTELS OF HOPE COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

HOSTELS OF HOPE COMMUNITY INTEREST COMPANY

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal activities of the company

The company promotes the interests of the residents of hostels for homeless people. It does so by providing practical assistance and support, information, advice and guidance.



Directors

The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023

Ian Vaughan Fellows
Mohammed Ismail Ali
Andrew Flute


Secretary Ian Vaughan Fellows

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
12 October 2023

And signed on behalf of the board by:
Name: Ian Vaughan Fellows
Status: Secretary

HOSTELS OF HOPE COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 3,390 2,080
Total fixed assets: 3,390 2,080
Current assets
Cash at bank and in hand: 1,258 3,335
Total current assets: 1,258 3,335
Creditors: amounts falling due within one year: 4 ( 1,845 ) ( 1,845 )
Net current assets (liabilities): (587) 1,490
Total assets less current liabilities: 2,803 3,570
Creditors: amounts falling due after more than one year: 5 ( 1,916 ) ( 2,980 )
Total net assets (liabilities): 887 590
Members' funds
Profit and loss account: 887 590
Total members' funds: 887 590

The notes form part of these financial statements

HOSTELS OF HOPE COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 12 October 2023
and signed on behalf of the board by:

Name: Ian Vaughan Fellows
Status: Director

The notes form part of these financial statements

HOSTELS OF HOPE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HOSTELS OF HOPE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

HOSTELS OF HOPE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 3,290 3,290
Additions 1,100 1,100
Disposals
Revaluations 649 649
Transfers
At 31 March 2023 5,039 5,039
Depreciation
At 1 April 2022 1,210 1,210
Charge for year 439 439
On disposals
Other adjustments
At 31 March 2023 1,649 1,649
Net book value
At 31 March 2023 3,390 3,390
At 31 March 2022 2,080 2,080

HOSTELS OF HOPE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 1,845 1,845
Total 1,845 1,845

HOSTELS OF HOPE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 1,916 2,980
Total 1,916 2,980

COMMUNITY INTEREST ANNUAL REPORT

HOSTELS OF HOPE COMMUNITY INTEREST COMPANY

Company Number: 11235797 (England and Wales)

Year Ending: 31 March 2023

Company activities and impact

During the 12 months under review, the company was not able to raise any grants or other charitable finance to support its work. This means that it was not possible for the company to deliver any significant services. We did attend relevant trade affairs and community events to help maintain the profile of the company in its sector.

Consultation with stakeholders

Consultation with stakeholders took place through meetings with the managers of hostels for homeless people, residents and their families. We also maintained a dialogue with Social Workers, Youth Justice Workers and Probation Officers with the intention of using these connections if the company is able to attract funding and restart its operations during the next 2 months.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
12 October 2023

And signed on behalf of the board by:
Name: Ian Vaughan Fellows
Status: Director