2024-03-31-accounts

NIGHTSAFE LTD

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR

THE YEAR ENDED MARCH 31 2024

Company number 2531951 Charity number 1002057

NIGHTSAFE LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2024

I NDEX

Chair’s Foreword	1
Administrative information	2
Trustees’ and Directors’ annual report	3 – 7
Auditors’ report	8
Statement of financial activities	9
Balance sheet	10
Statement of cash flows	11
Notes to the financial statements	12 – 23

NIGHTSAFE LIMITED CHAIR’S FOREWORD FOR THE YEAR ENDED MARCH 31 2024

Dear friends and supporters of Nightsafe

Nightsafe continues to deliver essential services to young people in Blackburn with Darwen.

The need for the services we provide remain vitally needed and as an organisation Nightsafe adapts and grows to meet the need of young people in Blackburn with Darwen both at risk and experiencing homelessness.

Nightsafe delivers support and accommodation to young people 24/7, 365 days a year through our projects at Platform 5, The Shelter, Witton Project, Cornfield Cliffe, Safe at Silas, Anchor Avenue and The Gatehouse.

Funding this work is an ongoing endeavour, and as chair I would like to thank the staff team that secure funding for our work, the organisations that fund Nightsafe, the individuals that donate money, and the groups that fundraise for Nightsafe. This combination keeps the services Nightsafe provides open and available to the young people that need them.

I would like to thank my fellow trustees who volunteer their time and expertise to oversee the governance of the charity, and the staff team for their dedication.

It’s this shared endeavour that means Nightsafe evolves and thrives – funding, fundraising, staff, trustees, community support, recognition, and input from those using our services – these are the ingredients that make Nightsafe a success.

Thank you.

Elizabeth Taylor

Chair of Trustees

1

NIGHTSAFE LIMITED TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED MARCH 31 2024

DIRECTORS & TRUSTEES

DIRECTORS & TRUSTEES
	Elizabeth Taylor	Chair from
	Gillian Davies	Treasurer
	Vivienne Davenport
	Mubashar Khaliq
	Lucy Ross
	Cllr James Shorrock
	John Sturgess	Vice Chair
	Jill Readfern
COMPANY SECRETARY	Diane Page
SENIOR STAFF
Chief Executive	Jan Larkin
Office & Finance Manager	Diane Page
Operations Manager	Nicola Roscoe
REGISTERED OFFICE AND	The Boulevard Centre
PRINCIPAL PLACE OF	45 Railway Road
BUSINESS	Blackburn BB1 1EZ
AUDITORS	HGA Accountants & Financial
	Consultants Ltd
	t/a Chittenden Horley
	Chartered Accountants & Statutory Auditors
	Hyde Park House
	Cartwright Street
	Hyde SK14 4EH
BANKERS	Barclays Bank Plc
	8 – 14 Darwen Street
	Blackburn BB2 2BZ

The trustees present their annual report together with the financial statements of the charity for the year ended March 31 2024 which are also prepared to meet the requirements for a directors’ report and accounts for Companies act purposes.

REPORTING FRAMEWORK

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 (FRS102) (effective 1 January 2019), referred to as the Charities SORP (FRS 102) (second edition – October 2019).

OBJECTIVES AND ACTIVITIES

2

NIGHTSAFE LIMITED TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED MARCH 31 2024

Chartable objects

The charity’s objectives are:

• to provide temporary accommodation for homeless young people in the North West of England including primarily but not exclusively in East Lancashire (hereinafter called ‘the Area of Benefit’);

• to promote the welfare of young people in the area of benefit who are in need, hardship or distress;

• to provide counselling, information and advisory services for young people;

• to provide creative activities for young people to experience and engage in; and

• to develop and provide facilities, activities and services in order to alleviate the problems relating to homelessness and improve the wellbeing and opportunities for young people in the Area of Benefit.

Activities

In order to achieve these objectives the Charity provides:

• Emergency Night Shelter

The shelter can accommodate 5 young people each night and provides bed, breakfast; evening meal plus washing facilities and support from 2 staff that help create a warm welcoming atmosphere. All young people receive resettlement advice to help find more permanent accommodation.

• Platform 5 Day-centre

The Day-centre is open each week-day to all young people aged 16 – 24 who are homeless or living in unsettled accommodation and need support to regain a stake in the community. The Day-centre offers basic facilities laundry, shower, storage, lunch and delivers a range of life skills and health workshops. These include cook & eat, drug and alcohol awareness, healthy life styles etc.

• Cornfield Cliffe

This is a supported housing project situated in Darwen with 6 residential places for young people aged 16 to 24 with high support needs. Each young person has their own individual support plan tailored to their own need.

• Witton Project

This is a 4-bed supported housing project in Blackburn for young people aged 16 – 18 they have to be involved in meaningful activity such as training, education, volunteering or employment. Each young person has their own individual support plan tailored to their own need.

• Safe@St Silas

A supported living project for up to 6 young people. Each young person has their own en-suite room with a shared kitchen, communal lounge and a training / activity room. Staff provide support with life skills, including budgeting, cooking, health, education, training & employment and help with filling in forms. Regular training sessions are run by partner agencies such as Brook sexual health service.

• The Gatehouse

This is a supported living project for up to 4 young people between the ages of 16-18 years. It is commissioned by Blackburn with Darwen Borough Council’s Leaving Care Team.

• Dispersed Housing

• This project supports 16 young people in their own accommodation, giving them the skills and support they need to maintain their tenancy.

• Leap Project

The project aim is to increase life skills and education work with homeless young people aged 16 - 18 throughout Nightsafe's 4 projects. There has been a change to this project as a result of the Covid Pandemic and this Project has extended it’s age range to 16 -25 Birthday.

• Mentoring service

Our mentor service continues to work in partnership with the Volunteer Centre. This initiative links young people who are rough sleeping, vulnerably housed or sofa surfing with a volunteer mentor who will work with them to access settled accommodation. Giving disengaged young people the support and encouragement needed to engage with services to address the barriers to a settled life, making a difference by giving young people someone to support and befriend them at crisis point, guiding them through the process of finding accommodation helping to break the cycle of homelessness.

Aims

• To provide an information, advice and support service for young homeless people.

• To provide emergency accommodation in Blackburn Town Centre.

3

NIGHTSAFE LIMITED TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED MARCH 31 2024

• To provide Resettlement services for young people.

• To provide 2 supported housing projects in Blackburn and Darwen, to promote life and social skills leading to independent living.

• To provide health & educational Day Centre services.

• To work with other statutory and voluntary agencies in the Borough to ensure young homeless people have best services.

• To continue to develop services in conjunction with other agencies to improve the services for young homeless people, and to monitor and evaluate the effectiveness of joint services provided.

• To Ensure young people are able to access their rights.

• To involve all staff and volunteers in the management of the organisation through the provision of appropriate training to enable the staff, volunteers and the organisation to achieve their full potential.

Contribution of volunteers

Volunteers are the back bone of Nightsafe’s service, our emergency night shelter is partly staffed by our team of full time volunteers who come from different parts of Britain and across the world to give their time to Nightsafe, and in the last 12 months we have volunteers from Taiwan, Colombia, UK, Germany, Mexico, and South Korea. They are also an integral part of the staff team at our Witton project. We have a team of local volunteers who get involved in all aspects of the organisation, acting as mentors, offering practical help to the projects using their individual skills to enhance the service to young people. Volunteers also help with fundraising and raising the profile of the organisation.

Public benefit

The charity has had regard to the Charity Commission’s guidance on public benefit.

The public benefit of our project results in:

• Young people getting off the streets and getting involved in resettlement programmes.

• Young people avoiding and moving away from criminal activities and anti-social behaviour

• Young people accessing a range of services and participating in training

• Young people becoming active participating members of our community

ACHIEVEMENTS AND PERFORMANCE

Overview

It is with a great sense of pride that I write this report to say that 2023 - 2024 has been a more settled operational year for Nightsafe and a period of growth with the celebration of the 1[st] year of new Anchor Avenue Housing Project. Covid although ever present now has largely meant that Nightsafe has, like other organisations across Blackburn with Darwen continue to find new ways to operate and to learn from those new ways of operating to ensure wherever possible the safety of the young people and its staff and volunteers.

Year on year Nightsafe continues to build on good practice providing and building on its mantra of, Somewhere to go, Somewhere to stay and Someone to talk to. Each year the service we provide is needed more and more and whilst numbers of homeless young people are increasing it is also true to say that what is more noticeable is the extent and level of support needed. As families face ongoing challenges to support their children, pay bills and put food on the table, often the price being paid results in greater family breakdown.

23-24 has like previous years presented Nightsafe with ongoing challenges and opportunities in equal measure. Like every year securing funding continues to be a challenge for all VCFSE organisations. Nightsafe continues to be grateful to all its Funders and Stakeholders and ever more grateful for the hugely generous donations from both the local and further afield community.

Following on from the challenges of the previous year, 2023-2024 has most definitely been a period of growth for Nightsafe. With the amazing help from local business and the local community Nightsafe opened its very own BIG Build Project – Anchor Avenue and we are very proudly now able to offer supported accommodation to an additional 6 young people and plans to introduce Nightsafe’s own Patron Scheme.

This year once again brought some other staffing changes to Nightsafe. Some staff moved on to pastures new and others have joined us and have been welcomed into the Nightsafe fold. Additionally, Nightsafe continue to commission external HR support which has provided much needed advice and guidance with regards to good practice at Nightsafe and compliance with regards all

4

NIGHTSAFE LIMITED

TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED MARCH 31 2024

HR matters. In addition, once again Nightsafe has continued its ongoing commitment to our young people, staff and volunteers in commissioning Wellbeing Support – this has been well received by all.

As with all other previous years our thanks go to our Trustees and Volunteers. Without them we would be unable to provide the support we do to our young people. Their expertise and skill sets are invaluable.

This year we have continued to support young people move into their own properties and continue to provide Dispersed Outreach Support to enable young people manage their tenancies.

Platform 5 and the Night Shelter have returned to some semblance of the new ‘normal’ and Nightsafe has ensured that protocols set up at the height of the Covid Pandemic have become a way of life and are now part of Nightsafe good practice. Both Platform 5 and the Shelter continue to be needed as much as ever.

I am delighted to continue to update that we are now in a much better position of being able to offer placements to our overseas Volunteers and it’s great to have them back supporting our young people. We are very grateful for their enthusiasm and positive approach to making life as comfortable as possible in the Shelter for our young people and it’s great to know that they take back a wealth of experience when they return to their host countries together with our thanks.

Working with Partners, Stakeholders and Funders we have been able to continue the much needed work we do here at Nightsafe – ever grateful for the support, enthusiasm and commitment to provide the best support we can to those in need.

Summing up 2023 - 2024 has once again been a hugely positive year, we hope for more of the same in 2024 – 2025. Exciting times are ahead !

See you back here next year!

FINANCIAL REVIEW

Overview

We had a deficit on unrestricted funds for the year of c£89k (2023 -surplus c£25k). Risk management

The Trustees undertook a review of the major risks to which the Charity is exposed in January 2016, and systems have been established to mitigate those risks. Periodic reviews are made to ensure that the charity continues to identify and mitigate any major risk that may arise.

The major financial risks facing the charity are – short term funding, changes in funding streams including housing benefit entitlements and caps, changes in local and central government policy.

Principal funding sources

Nightsafe has 4 main strands of funding these are: - Local Authority funding through commissioned work and Service Level Agreements, Rental Income for the accommodation services (Housing Benefit), grants from charitable trusts such as, Big lottery (Reaching communities) Children in Need etc. and our own fundraising and donations from many local organisations and individuals.

Investment policy and review

Nightsafe’s investment policy is to invest any reserves it holds in a place that gives the best return for the organisation. A review will take place when bonds mature at which time a search of the market will be made, there will also be a periodic review of bank accounts to ensure we are receiving the best rates and service available.

Reserves

In light of the main financial risks facing the charity the Trustees have determined that free reserves (unrestricted funds not designated or invested in fixed assets) equivalent to 6 months operating costs are required, approximately £450,000 based on the 24/25 budget (prior year £450,000). At this level the charity would be able to ensure the short-term continuation of services in the light of cuts in funding and/or manage an orderly reduction or cessation of those services if new funding could not be secured. At the year end the charity had free reserves of c£325k.

FUTURE PLANS

5

NIGHTSAFE LIMITED

TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED MARCH 31 2024

Once again following on from a year of considerable opportunities and challenges, Nightsafe will continue to sustain the period of growth. A key strength being able to meet the needs of young people who are homeless and be able to quickly respond to identified gaps in provision and develop a response to these.

Greater improvement has enabled Nightsafe ensure a full complement and be able to reinstate its Overseas Volunteer Programme and it is planned to develop and build upon relationships with Volunteers from Columbia Germany and many other countries. We will work to look at how as an organisation we can supplement this with continued recruitment of Bank Staff and by the forging of new relationships with potential providers.

Following the opening of our new Housing Project, Anchor Avenue. This was a big piece of work, very much dependant on the support of Volunteers with us being wonderfully supported by Trades people and local Business. We hope to continue to build on our relationship with continued support from the community and by developing our relationship further with local Business organisations.

We will continue our review of the Organisation to ensure we are ‘Organisationally Fit’ to meet the ongoing challenges. We commissioned Orchard Insights to undertake a Review back in 2019, since then the World has changed not just the local landscape in Blackburn with Darwen. We will once again review our Structure and Governance to ensure we are able to meet both challenges and any opportunities that present so as to take best advantage of any Funding available. We will also look to commission more widely where there is a need for more specialised support particularly with regards to HR Services and Business Development.

This coming year we will celebrate the 5[th] anniversary of the opening of our Safe at Silas Project, the DIY SOS Programme will be shown and an invite for all volunteers and supporters of the Project.

We will continue to grow and develop our relationship with Blackburn with Darwen’s Children’s Social Services, particularly with the Leaving Care Team. As part of this we will provide Supported accommodation for some of the Borough’s young asylum seekers.

In addition to all this we will continue to provide the best possible support for young homeless people. We will continue to consult with our young people and advocate on their behalf to ensure that they aspire and grow and are happy and healthy.

STRUCTURE GOVERNANCE AND MANAGEMENT

Governing document

The Charity is a company limited by guarantee and is governed by its Memorandum and Articles of Association dated August 8 1990, as amended by special resolutions dated March 18 2014, July 17 2017 and February 22 2018. It is registered as a charity with the Charity Commission.

Members of the company

The Directors have the power to admit any person to membership and also have the power to remove members. There are currently 8 members of the company, each of whom agrees to contribute a sum not exceeding £10 in the event of the charity being wound up.

Appointment of trustees

The Directors, who are the Trustees, are appointed by the members in general meeting and are collectively known as the Council of Management or the Council. At each AGM, one third of the Directors retire by rotation, being the longest in office and are eligible for re-election. Other than a retiring trustee, the only people eligible for election as trustees are those either nominated by the Council or by a member giving not less than 14 and not more than 35 clear days’ notice of the intention to propose a person for election.

The Trustees who served during the year, together with any changes up to the date of approving this report are listed on page 1.

Trustee induction and training

Nightsafe has a recruitment and induction policy which includes all new Trustees, involving skills, knowledge, references and DBS checks. Most trustees are already familiar with the practical work of the Charity, and have a range of related skills and knowledge. We actively encourage ex-users of our service to have membership and representation

Organisation

The Council, which must not be less than three members, administers the Charity and meets as necessary, usually six times a year. The day to day operations of the Charity are the responsibility of the Chief Executive, Jan Larkin to whom the Trustees have delegated authority for operational matters including finance, employment development, within the overall strategy agreed by the Council.

Pay and remuneration for senior staff

Nightsafe is committed to ensuring that we pay our staff fairly and in a way which ensures we attract and retain the right skills to have the greatest impact in delivering our charitable objectives. All Nightsafe staff are on NJC salary scale based on an evaluation of the job, skills and experience. Nightsafe Trustee’s set the salaries of senior staff. Salaries are reviewed against an agreed independent market benchmarking tool and make sure amendments as are appropriate to ensure that Nightsafe’s salaries remain competitive.

6

NIGHTSAFE LIMITED TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED MARCH 31 2024 Related parties

• Lucy Ross (trustee) is the daughter of Jan Larkin (Chief Executive). Ms Ross played no part in the decision to appoint Ms Larkin and takes no part in board discussions and decisions that affect Ms Larkin's employment.

• No trustee expenses have been incurred

Co-operation with other organisations/charities

This year we have continued to form partnerships which enhance our work with young people, we are pleased to have worked in close collaboration with organisations including: CVS Volunteer Centre, Centre-point, CRI, Brook, Princes Trust, Fairbridge, Wish Centre, Transforming Lives Team, YJS, Reach Out, Super Slow Ways, Action Factory, Health watch, CAB, Pro – Direct, SLYNCS and the Duke of Edinburgh Award Scheme, Creative Support, Bootstrap, Blackburn College, Training 2000, Opportunity Sports Foundation, British Heart Foundation, St Johns Ambulance Society , Engage, New Directions, Shelter, Town Offender Panel, BID, Credit Union , British Red Cross, Volunteering Matters, Police, Adult / Children’s SS

These partnerships enable us to offer a holistic service to meet young people’s needs.

We have continued as a member of The Families Health and Well-being Consortium/ Spring North to strengthen our partnerships and access to aggregated funding streams and commissioning opportunities and in addition we are also a member of the Pennine Lancs VCF Consortium group.

TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS

The trustees (who are also directors of Charity for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP (FRS 102) (second edition – October 2019);

• make judgements and estimates that are reasonable and prudent;

• state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT OF DISCLOSURE TO AUDITORS

We, the directors of the company who held office at the date of approval of these Financial Statements as set out above each confirm, so far as we are aware, that:

• there is no relevant audit information of which the company’s auditors are unaware; and

• we have taken all the steps that we ought to have taken as directors in order to make ourselves aware of any relevant audit information and to establish that the company’s auditors are aware of that information.

SMALL COMPANY PROVISIONS AND APPROVAL

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies’ exemption.

Approved by the Board of Trustees and signed on its behalf by:

7

NIGHTSAFE LIMITED TRUSTEES’ AND DIRECTORS’ ANNUAL REPORT FOR THE YEAR ENDED MARCH 31 2024

Elizabeth Taylor – Director

Date: 17/12/2024

8

INDEPENDENT AUDITORS’ REPORT TO THE TRUSTEES OF NIGHTSAFE LIMITED FOR THE YEAR ENDED MARCH 31 2024

Opinion

We have audited the financial statements of Nightsafe Ltd (the ‘charitable company’) for the year ended March 31 2024 which comprise the Statement of Financial Activities, Balance Sheet and Statement of Cash Flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

• give a true and fair view of the state of the charitable company’s affairs as at March 31 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• • have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

• the information given in the trustees' report (incorporating the directors’ report) for the financial year for which the financial statements are prepared is consistent with the financial statements; and

• the directors’ report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

• adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

• the financial statements are not in agreement with the accounting records and returns; or

• certain disclosures of directors’ remuneration specified by law are not made; or

• we have not received all the information and explanations we require for our audit ; or

• the trustees were not entitled to [prepare the financial statements in accordance with the small companies’ regime and take advantage of the small companies’ exemptions in preparing the directors’ report and from the requirement to prepare a strategic report

9

INDEPENDENT AUDITORS’ REPORT TO THE TRUSTEES OF NIGHTSAFE LIMITED FOR THE YEAR ENDED MARCH 31 2024

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement, set out in the Directors’ and Trustees’ Report, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks in respect of irregularities and non-compliance with laws and regulations, was as follows:

• the senior statutory auditor ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognize non-compliance with applicable laws and regulations;

• we identified the laws and regulations applicable to the company through discussions with the directors and other management, and from our commercial knowledge and experience of the computer manufacturing and supply sector;

• • We focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation and data protection, anti-bribery, employment, environmental and health and safety legislation;

• we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and

• identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the company’s financial statement to material misstatement, including obtaining an understanding of how fraud might occur, by:

• making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual and alleged fraud;

• Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations; and

• Understanding the design of the company’s remuneration policies.

To address the risk of fraud through management bias and override of controls, we:

• performed analytical procedures to identify any unusual or unexpected relationships;

• tested journal entries to identify unusual transactions;

• assessed whether judgements and assumptions made in determining the accounting estimates set out in note 1 were indicative of potential bias; and

• investigated the rationale behind significant transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

• agreeing the financial statement disclosures to underlying supporting documentation;

• reading the minutes of meetings of those charged with governance;

• enquiring of management as to the actual and potential litigation claims; and

• • reviewing correspondence with relevant regulators.

No instances of material non-compliance were identified. However, there are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become

10

INDEPENDENT AUDITORS’ REPORT TO THE TRUSTEES OF NIGHTSAFE LIMITED FOR THE YEAR ENDED MARCH 31 2024

aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

• A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/Our Work/Audit/Audit-and-assurance/Standards-and-guidance/Standards-and-guidance-for-auditors/Auditors-responsibilities-foraudit/Description-of-auditors-responsibilities-for-audit.aspx. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed. Naveed Ahmad For and on behalf of: HGA Accountants & Financial Consultants t/a Chittenden Horley Chartered Accountants and Statutory Auditors The Hyde Park House ~~—~~ Cartwright Street, Newton

Manchester SK14 4EH Date: 17/12/2024

11

NIGHTSAFE LIMITED STATEMENT OF FINANCIAL ACTIVITIES (including the income and expenditure account) FOR THE YEAR ENDED MARCH 31 2024

The notes on pages 12 to 23 form part of these financial statements.

12

NIGHTSAFE LIMITED BALANCE SHEET AS AT MARCH 31 2024

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

The notes on pages 16 to 27 form part of these financial statements.

Approved by the Board of Directors and authorised for issue on:

And signed on their behalf by:

Elizabeth Taylor - Director

Company registration number 2531951

13

NIGHTSAFE LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED MARCH 31 2024

The notes on pages 12 to 23 form part of these financial statements.

14

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2024

1 ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared: under the historic cost convention; in accordance with the Statement of Recommended Practice – Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) effective January 1 2019 (second edition – October 2019); FRS102; and the Companies Act 2006. The charity constitutes a public benefit entity as defined by FRS102.

The accounts are prepared in £ sterling, which is the functional currency.

Income recognition

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. The following applies to particular types of income:

Grants , whether of a capital or revenue nature, are recognised when the charity has entitlement to the funds, any performance conditions have been met and it is probable that the income will be received.

Donations from individuals and other bodies (not being of the nature of a grant) are recognised when receivable.

Donated goods from individuals and organisations , comprising food and toiletries for distribution to beneficiaries, are included in the accounts at fair their value when distributed. valued when distributed, as it is both impractical to value as stock when received and the costs of doing so would outweigh the benefits.

Earned income is measured at the fair value of the consideration received or receivable for services and goods supplied, net of discounts and VAT.

Deferred income

Income is only deferred and included in creditors when:

• The income relates to a future accounting period

• A sales invoice has been raised ahead of the work being carried out and there is no contractual entitlement to the income until the work has been done

• Not all the terms and conditions of the grant have been met, including the incurring of expenditure and the grant conditions are such that unspent grant must be refunded

Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Costs of raising funds

including those associated with fundraising activities, managing investments and commercial trading by the subsidiary company.

Charitable activities costs of undertaking the work of the charity.

The charity is not registered for VAT and cannot recover any input tax charged. Costs are stated inclusive of VAT were charged.

Allocation of support costs

Support costs are those functions which assist the work of the charity either by supporting the delivery of charitable activities or by supporting the generation of funds. They include property costs, back office functions, staff costs, depreciation and professional fees. The basis of allocations is set out in note 6.

15

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2024

1 ACCOUNTING POLICIES (continued)

Pension contributions

The charity operates a defined contribution pension scheme for its employees, agreeing the contribution rates with each individual. The contributions are paid to a third party who invests the contributions in a money purchase plan. Contributions are charged to the SoFA as they become payable.

Tangible fixed assets and depreciation

Individual fixed assets costing more than £1,000 are capitalised at cost and are depreciated over their estimated useful lives on a straight line basis as set out below. The charity has revalued it freehold properties at market value. This valuation is kept under review and periodically updated (usually every five years).

Depreciation rates are as follows:

• Freehold land not subject to depreciation

• • Freehold buildings 1% straight line • Premises improvements 20% straight line • Fixtures & fittings 20% straight line

Debtors

Trade and other debtors are recognised at the settlement amount due and prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and 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.

Financial instruments

The charity has only basic financial instruments which are initially recorded at cost, subsequently measured at their settlement value.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

16

NIGHTSAFE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2024

17

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2024

18

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2024

19

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2024

20

NIGHTSAFE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2024

21

NIGHTSAFE LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2024

22

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2024

12 STATEMENT OF FUNDS

23

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2024

24

NIGHTSAFE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED MARCH 31 2024

25