Raglstervd number: 02877366
Chaflty numb•r: 1010701
ACRE HOUSING
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
'AE8T5Slhf•
1210812025
COMPANIES HOUSE
A19
#242

ACRE HOUSING
CONTENTS
Page
R•hr•nco and admlnl8lrative dotails of th• Company. Its TNstsos •nd advls•rn
Trugt••8' r•port
Indop•nd•nt audltorf• report on lh• ffin•ncl418tat•m?nQ•
Slatement of financial actlvldeg
10
anc• sh••t
11
statement of cash IlorybT
12
Not•8 10 th• fflnanclal $tat•m•nts
13-26

ACRE HOUSING
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2025
Trustees
AS8ryan
J Luitan
J Pozzoni
M Stoddart
14 Stoddart relired in accoTd8nce with the Articles of Association at the 2024 Annual General meeting. The
Twgtees rets'rin9 by rotath'on al the next AGM in accordance v•th the Artides of Asiociation is J PouoTh, 14
digible to offer hersolf for rewelectlon.
Comp•ny r•gl•t•r•d numb•r
02677365
Charfty r•gl81or•d numbor
1010701
Reql8ter•d offlc•
1 London Street
Réading
Be￿*h￿re
RG14PN
Comp•ny Mer•t4ry
s e Vand•rdleen
Ex•cutlv• m•n•g•m•nt and ad¥le•
Chrfs Ingram, Chiel Executive af Style Acre
Swah Stuart, Flnanee Director of St>le Acre
The INgtees have engaged Style Acre to provide the day to day m•nagemenl of the Charity. As Such, they
have delegaled the day lo day mana9emenl to Style Acre's executlve directors from whom they take advice
Cc￿ceM{n9 the management of Ihe tharlty.
Ind•p•nd•nt audlt
James Co*per Kreslon Audll
Chartered Accountants and Statutwy Aui*tor
Reading 8ridge Houie
George Street
Readin9
Be￿&hIre
RG18LS
BankerB
Nalional Westminster Bank PIC
PO Box 13
30 Mathet Place
Nevknury
Berkghlre
RG14 5AJ
Page 1

ACRE HOUSIW3
REFERENCE AND ADMINISTRATIVE OETAILS OF THE COMPANY. IT3 TRUSTEES AND ADVISERS
(CONTINUED
FOR THe YEAR ENDED 31 MARCH 2025
Sollclto
Field Seymour Parf(es
The Old Coroner's Court
No. l LorKlon Streel
PO Box 174
Reading
Berkshlr•
RGI 4PN
Page 2

ACRE HOUSING
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present Iheir annual report wether %•ith the audited financial staternents of Acre Housing for the
year 1 April 2024 to 31 March 2025. The Annual report serves the purposes of both a Trustees. report and a
directors, report under company law. The Trustees confimi that the Annual ieport and financial statements of
the charltable company compty with the current statutory fequirements. the requirements of ihe charitable
companys governing document and the provisions of the Statement ef Recommended Practice (SORP)
applicable to charities preparing their accounts in a¢cordan¢e viith the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS102) {effeclive 1 January 2019).
08JECTIVE8 AND ACTIVITIE8
Charltablo oblocts
The charity is established lo relieve the needs of persons ￿th leamlng disabilits'es by..
1. Ihe provision. mainlenance and management of residential accommodation sperifica15y for those individuals,.
2. the provislon of advice and assistance in matters relating to their houging need8.
Charttable acllvltlos
Operating in Oxlordshire, Acre Houslng has been provlding sped41i$ed housing for odulls wlih learning
di'sabilib'es sincè 2004. 8enefiriarles are able to approach us directly for help or vi8 their care manager. At the
year end. Acre Housing ovmed or rented 43 properties that provide homes lor 127 tenants. all ol whom are
aduh5 with learning diubilities and a l￿de variety of condilions 8uc* a8 autism. cerebral palsy. dementla and
DO*￿.$ syndrome.
Publ1¢ b•n•fft
Acre Housing provides fenied housing for adu115 aged over 18 years wlh a learning disability regardless of sex.
ffftancial means, sexual orlentallon or ethnlc background. Potenti81 tenants are able to a8k the charity dlreclly for
housing or lo appfoach us through their care manager.
Being able lo live in their OV•n home 15 a great benefit to the people we support aj, hl¥torf¢ally. they have been
group ol people for whom housln9 has been drfficult to obtain. Acre Housing gives a new lease of life lo rts
lenanls, providing them with speclally adapted accornmodaiion to Sult thelr Individual needs and reqtsirements.
The charity Is only limited in its abilty to provide houslng ty Its Income and donation5. The provision of houging
Is also of great benefft to the lamllies of the people VIE house as they may have been the maln carefs lor many
years and this ènables them to feel reassured IOT the long lerni fijture of their relatlve. We 8180 provlde tan9ible
benefits to local communities which galn from the overall experlence of getting to know people *ith leaming
dlsabilities (vtho now live amongst them) and recognising that they have the Same rlghls of access to Ihe local
community a¥ every other member of sO￿etY. If people wih leaming disabilities and 0lh•r as%JcAaled condition8
y¢re not 5UPI)ort•d to Ilve In ordinary house8 they would be at risk of being forced into mole insbtullon411ged
fonns of care.
In preparing these financial stalements and their report, the Trustee$ ¢onfirm that they have had regard lo Ihe
Charity Commission's guidance on publiG benefit and that Ihey consider thal the objectiveg and activities of Acre
Housing have h15torically and continue to fall wthin Ihe scope 01 that guidance..
ACHIEVEMENT AND PERFORMANCE
Op•rotlng rnvl•w
The yeal erbd 31 March 2025 has been another successful year for Acre Hou8ing with all ol our tenants enjoying
lots of aclivities and enjoying the homely nature and specialist featu￿$ of their homes.
All of the propertles in our portfolio continue to be well malntained with ihe annual maintenanee programme
conts'nuing Ihroughout the year and remeilial works and adaptaiions have been carried out as needed.
The charlty has not conducted any fundraising activits'es during the year, as there were no major projecl810
support.
Page 3

ACRE HOUSING
TRUSTEES. REPORT ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Durin9 the year Acre Housing purchased a property in Wallinglord lor someone who was already supported by
Style Acre, this allowed them to move to a property that ￿Uld better meet their need5. In addilion, a new
property was purchased in Didcot for someone already supported by Style Acre allowing thern to move to a new
home vthen the Ihird party landlord lease on their curyent propety came lo an end. No olher propertles were
purchased or lea$ed during the year as Style Aue focused on maintaining the qualty of the current Se￿l¢e5 in
ght ol pressures on the recruitment ol Staff. This was supported by refurbishment and development works at a
number of houses across the portfolio. All refu￿lShments and developments have resulted in the properties
better meetlng the needs of the tenants and improvements In the support able to be provided.
The TNJstees revlew the portfolio each year to detem)Ine if all properties are required 90ing lon•Mrds to meet
Ihe objectives of the Charity. No properties w4re sdd during the year however one w99 marketed for sale during
the year due to flood rlsk.
Feedback is given to the charlty11 there are any concerns abo￿ prope￿.e& by Ihe support providers who
lacilitate lenanl groups. There has been no negallve feedback lo date. The proparties were visited a minirnum
ol three limes per annum to check their conditlon and lo establish a redecoration and refurbishment
piogramme. With ever increasing utility eO$t$ and a locus on reducing environmental Impact we conlnued with
the installation of smart meters and smart thermostals. In addltion, fire risk assessments a have been carried
out and remedial M>rks if needed are undeTr￿y.
FINANCIAL REVIEW
Flnanclal po8ftlon
The Iru8teeg are very happy thal robu61 fin8ncial procedures are in place and that the charlly 1$ financially
secure. Detailed financlal Infomialon18 made available al each trugtee meellng, ￿1th perfomiance agaSn•l
budget monitored closely.
The majcrity of the charlty's incorne is derived frorn renlal income Irom the properbes whleh are let lo people
wlth leaming disabilithes. This year thlg ha$ amounted lo £1,258.148 and the remaining income ha$ arisen from
Interest eamed of £11,012 and other Income 01 £500. No properties were disposed ol during the year. Two
properties were acquired during the year. Cash re$eNe5 have reduced lo £443,282 during the year as a result
of the iwo property pyrch88e8.
Additionalty. ihe charity recognises a continuing liability of £180.000 in Didcot. Thi5 is for a granl made by the
Secretary of Slate for Heafth vthen the property wa$ originally purchased, thich ig Secu￿6 by a covenant and
¢harge over the property. The Covenant slales that the granl is an interest free loan, which is repayable In the
event that the property is $old, unless the pur¢ha$er conlinues to Use the property for Ihe purpose of providing
supporting living. In these circumstances, the liability represented by the covenant and charge over the propety
C8n be transferred to a new owner.
RaMrv•s pollcy
Total funds of Acre Housing stood at £12.780,283 al 31 $t March 2025.
The trustees have a policy of relaining unrestricted funds of £10,000 towards the cost of malntaining the
organisation's propeites. Reslricted and designated funds are recorded and reported separately.
FUTURE PLANS
During the year the Trustees reviewed their strategy lor the next three years. reeognising the financial pressures
which the local authority and Ca￿ providers operate under, and how Ihi$ may impact housing demand, bolh in
Ihe nature of the properties fequired and their location.
The Trustees also reviewed the charivs overall property porffolio lo consider how well individual properties are
perforniing and how well they fft with housing demand from our target resident group. Part of our strategy is to
incorpofate self-conlained annexes in our exlsting portldio where such polenlial exists. This may be achieved
by the conversion ol existr'n9 space$, such as lofts, garages or summethouses, or by building separately where
part of Ihe garden provides enough space and suitable access. This helps pro¥lde single person
accommodation. whi¢h would be unsustainable as an individual property.
Pa9e 4

ACRE HOUSING
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Style Acre wll contlnue to focus on the current services rather than growlh in the coming year and a8 Such Style
Acre does not expect to open any new services in the coming year. It is anticApated that Acre Housing *ill
pur¢h93e a new house in the comin9 year to accommodate tenants that are currently li¥ing in properties rented
from a 3rd party landlord. No other purchases or new leases are anticlpated in ihe coming year.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Gov•rnlng docum•nt
The charity is conlrolled by its governing document. a deed of trust and constitutes a limited company, limiled by
guarantee. a5 defined by th¢ Companie$ Act 2006.
Inducllon and tralnlng ol naw trustMs
New trustees are given a thorough induch'on In Ilne Mrtlh guidance Irom the Charity C¢)rnmls$ion. They are
encouraged to meet tenants and to undersland their Pa￿'Cular rteeds. TralTring is organi$ed as required and the
tvu$tee$ review Ihelr skills mix on an annu81 basls.
Rl8k managoment
The truslees have a duty to identrfy and review Ihe risks to ￿1¢h ihe ¢harity15 exposed and to ensure
pproprlale controls are In place to provide reasonable assurance against fraud and eTror.
The tru#lee5 are responsible for undertaking an annual risk assessment of the ¢harfty. From thi5 an annual
development plan is drawn up and irnplemenled. A matntenance and refvrbi8hment Schedule 1$ sel each year to
ensure the housing stock remains in good condrtion.
Page 5

ACRE HOUSING
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees (who are also Ihe diieclors of Acre Housing far the purposes of company law) are responsible lor
preparing the Report of the TNstees and the financial statements in accordance Viith applicable law and Uniled
Kingdom Accountlng Standards (Uniled Kingdom Generally Accepted Ac￿unting Practice). including Financial
Reporting Slandard 102 'The Financial Reporting Standard appllcable in the UK and Republic ol Ireland"
Company law requires the trustees lo prepare financlal statements lor eath Ilnancial year which glve a twe and
fair view of the state ol affairs ol th• chariiable company and of the incoming resources and application of
resourees, Including Ihe incorne and expenditure, ol the charltable company lor that perlod. In preparlng those
financial statements, the tru8lee8 are requlred to
select suitable accounting policies and then apply them con8iStentty:
obseNe the rnethods and principles in the Charlty SORP:
make ludgements and estlmates that are re080nable and prudent:
prepare the financial gtatement8 on the going concem basis unles811 Is Inappropriate to presume that lh•
chariiable company knill conts'nue in busine88.
The trustees are responiible for keeplng proper accounting records vthich disclose *Alh feasonable accuracy at
any time the financial pasit¢on of Ihe charitsble compwy and to enable them to ensure that the financial
statements comply wlth the Companles Act 2006. They are 8150 re8pon$lble for safeguardlng ihe 888et8 01 the
charitable ¢ornpany ond hence for taking reasonable sl•p8 lor the provention and d•tection of fraud and other
irregularilies.
In so far as the trustees are aware..
there 1$ no relevant audit infomation of whlch the charitable Comp￿V,$ auditors are unaware,. and
the trustees have taken all slep8 that they ought to have taken to mgke themselves aware of any relevant
audlt Informallon and lo establlsh thal ihe audltora are aware of that Inlormatlon.
AUDITOR8
Jamej Cowper Kre$ton Audit will be propo¥¢d for r￿appOIntment at the fothcoming Annual G•neral Meeilng.
Thls report hag been prepared In accordance vAth the speclal provlslons of Part 1 S of the Companieg 2006
relating to small companies,
Approved by Order of the member9 01 the board of TruBieeB and signed on Ihelr behalf by:
ASBryan
Twstee
Date:
I S171£S
Page 6

ACRE HOUSING
INDEPENDENT AUDITOR'S REPORT TO THE ￿ElIBERs OF ACRE HOUSING
Oplnion
We have audited Ihe financial Statemenls of Acre Housing (the'charilable company.) lor the year ended 31
Mjrch 2026 whlch eomprbse the Stalemenl of finantiAI activitles, the 8alarnce sheel. the Statement ol cash
flow8 and the related notes, induding a summary ol signfficant accounling policies. The financial reportlng
frameMJrk that has been applied in their preparntion is applicable Lgw and Unlted Kln9dom Ac¢ountin9
standards. knduding Financial Reporting Standard 102 The Finan¢ial Reporting Siandard appli¢able in Ihe UK
and Republlc ol Irel•nd' (Unlied Kingdom Generally Acc¢pted Aecountlng Prnctlce).
In our opwiion ihe fvian¢lal statements..
glve a lJue and tsir view of the stata of the chafrlable companvs affalrs as at 31 Marth 2025 and ol ts
Incoming ieJource$ and applicats'on of resourtes, in¢ludthig It8 In￿rne and expenditure for the year then
ended.,
have been properfy pr•par•d In accord•nce *llh Unlted Kln9dom Generally Accepted A¢¢ounb'ng
Practice,. and
have beon wep•red in ac¢ordan¢e the requirements ol the Campante$ Acl 2006.
BaslB for oplnlon
We conducted our audit In accordance wrylh Interna￿Onal Stsndards on Audrting (UK) (ISAS (UK)) and •pplicable
law. Our ro8ponslbllitles under those standard$ are further desuibed In Ihe Auditols responsiblli1Ses lof Ihe audli
of the financial sialements 8ectkn ol our report. We are kndependent of the chafitable company in accordance
th the ethlcal requirements that are relev•nt lo our oudlt ol Ihe financlal $tslements in Ihe Unlted ￿'r￿dorn.
including the Financial Reporting Coundl'8 Ethical StaTrdird, and we have fulfilled our other ethical
responsibillles in a¢cord8nce with the$e requirements. We believe thal the audil ￿Idence we have obtained Is
8ufficlenl and appTopriat• to PrO￿de a basi• lor our oplnlon.
Conclu￿0￿* r•l•tlng to golng conc•m
In audltlng Ihe finandal slalemenls. ￿ have cancluded thot the Tnjsteei. use of the golng conmm b••l• of
accounts'ng in Ihe weparation ol Ihe financial stalements is 8ppropri•te.
Bamd on thè WO￿ we have perfomied. we havè not identified any material uncertaInts.￿ relating to events or
c¢)nditions Ihal, InI￿VIdUallY or coifectivety, may cast signifirAnt doubt on the tharilable ¢ompanls abllily to
conlinue as • golng contem lor a period of at least twelve months from when Ihe financial stal•menti are
authofised for issve.
Our respon¥lbillties and the responslbilitie$ of the Tnmtees *4th re$pecl to going concem are descdbed in the
relevant sections of this report.
Other Inlomiatson
The other inlomiation compn'ses the information included IN the Annual report other than Ihe financial
8latement$ and our Audftorf$ report Ihereon. The TN$tees are regpon8ible for the other inlomiauon contained
ithin Ihe Annual report. Our opinion ￿ the financial stalements does not cover the other informatton and,
except lo the exlent otherwise expllcitly stated in our we do nol express any form of assuronce
condu5ion thereon. Our responsibillty is to lead the other infomalion and. in doing so. consider vthether the
olher inlormalion is malerialty In￿nSiStenI wllh the financial slatements or our knoT6ledge obtained in the cwrse
of th¢ audit, or Othe￿Se appear8 to be materialty misstated.11 we identtfy such material in¢on5islencles or
apparent material misstalemenls, we iequired to detemiine whether thls gives rise to a fflatwial
rnlsstatemenl in the financial slatementS themselves. If. based on Ihe WOTk ￿ have performed. condude
that there 15 a material misslatemenl of thi$ other infomRtion, we are required to report that fact.
We have nothing to report in Ihis regard.
P•9e 7

ACRE HOUSING
INDEPEIIDENT AUOITOR'8 REPORT TO THE MEIABERS OF ACRE HOVSIIIG (CONTINUED)
Oplnlon on oth•r mattffti pr•$crfb•d ty th• Comp•nl•$ Act 2001
In ¢>yi opinlon. ba￿d ¢)n the WO￿ undertaken In Ihe tnurst olthe audit."
the infomiation given In Ihe TN6tees' Report for the financial year for which the iknanci•l 8talements wè
prepared is con5i81ent wlth the finandal 5t#tements.
e Tfu8tee1' Rewt has been pr•pared in a¢¢ordance T￿th applreable hgal requlrernents.
att•rn ¢n vthlch w• ar• v•qulv•d to rnport ty •x¢•ptlon
In the light of our knowled9e and under8landing of Ihe chaiilable ccrnpany and environment obt8in*d In the
eourno of th• audll. wa have not Idgnlthed mat¢iial miss&tem8nts In the Tru•tM*' Report.
W• have nothin9 to report In respect ol th¢ lollth•ing maftern In r•lation to vthich Cornpanles 2006 r¢gutres
$ to repart to yau11. ￿ ow oplnion".
adequate accauntlng recon1$ have not been Irept, Of relumi •dequate lor our audlt have not been
ceived from branches net visited by us; or
the Ilnancial statements arn not in aor•ement vAth Ihe accounllng r•eords and re￿MI. or
certaln dwclo8ure¥ of Tru81e¢$' remuneralion specthed by law are I￿1 made: or
have not fe¢elved am lh¢ inlornwlion and exptanatstM5 wo rèquire lor our audlt., or
th¢ Tfuglees we not enlitted to prepare Ihe llnand•l 8tatemenl8 In aecordan¢e with the wnall
Companies regime and take advantage of Ihe small companie5, txempiiong in preparing the TNgie•i'
Report and from Ihe requlrement lo prepare a Strategic Report.
R•sponslblllll•• of truJt•
A$ explolned moT• futty In the Tru8t••s' reSpOn￿bIll￿¢S stalemenl, the Truit••s ar• •180 the directors of
the charitablè Company for the pu￿*st& ol company law) are re8pon8ible the preparation ol th• flnanti•l
statements and lor being 8a*sfied th•1 they gl¥¢ a lyue and lair view. and for Juch Inl¢m•l control as the
Tw8ieeJ delerniin• 1$ ne¢egsary lo en•ble the prep8ralion of fin•nci•l ststemenls that are fr?• from matert
mliBlatem•nt. whelh•r due to fra￿j or •rfOr.
In praparing the financlal slaloment•, th¢ Tru8t¢e8 aw• r•won$lbl¢ for 8••0ts8in9 the chwftoblo ￿mPa￿S
ablllty ¢0 o)nbnue ag a qolnq concem, dlsdoslng. as appllcable, matter8 rel•led to going ¢oncern and Viin9 th•
ng concem b•si$ ol a¢￿Unting unless the Twslees ellher Intend to liquldate the chanta￿¢ company or tt>
cea1• operntlons, or have no realisb¢ •llem•tiv¢ but to do 80.
Page 8

ACRE HOUSING
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ACRE HOUSING (COMYINiIED)
Audltofg r••ponslbllltiM for th• •udlt of th• finan¢l•l stat•m•nts
Our oble￿Ve$ are lo obtain Teasonable assurance Aboul vth•ther the finandal stalement$ as a K**ole are free
from malerial mi55tatement. wh¢ther due to Iraud or effor. and to issue an Auditorfs report that indudes OUT
opinion. Reasonable agsvrance is 8 high level of as5UTance, but is nol a guarantee that an audit conducted in
accordance ISAS (UK) aTr•Mys detect a malerial mlsslatement when il exists. Mi8$tatemenls can wise
from fraud or error and are considered material if, individualty or in Ihe aggregate. Ihey cwld Tea50nably be
expecied to influence Ihe economic dethsions ol u8efS taken on the basis of Ihese financial staternents.
Brfauje ol the inherent limitations of an audit, there is a flgk Ihat we V•ill not detect all iffegulArities, induding
Ihose leadin9 to • malerial misstatement in Ihe fmancial statements or non-compliance with regula￿On. This risk
increases the more thal cofflplianc4 *4th a law or regulallon is Temoved from the events and transactions
reflected in the financlal statefflenls. ai we wlll be less likely to b¢come awaTe of instanu6 of nO￿0mplIan￿.
The rfsk is also grealer regardiThJ iffegularities occuning due io fraud ralher thon error. as fr•ud in¥olve*
intentional concealment, for9ery, collu$ion, omission or misrepresentation.
The 8pecitk Procedures for this engagemenl that we designed and performed to detect malerial misslai&ments
In fespect ol iffegulafitie8. in￿￿Tr9 fraud, were 98 followg".
Enquiry ol m4nagem?nl and Ihom charged ￿ govemanc• •rOUr￿ •dual and potentl411tigltion and
daima:
enquiry ol management and those ch•rged ￿th goveffl•nce lo Ideniify any mal•ild In81ances 01
noneomphanca laws and regulalion•',
RevieTrAing finandal statemeni disclosures and tests'ng to SUPPOrtlng documentation lo assess compiianGe
with appltC8ble laws and regulations;
Perfomiing audit wotk lo addréss the ri8k of iffegularitles due to management override of controls.
Induding te8ting of journal entries and olher adiustrnents for appropriaiene95. evaluating the buslne89
rat￿n918 of significant tr¥nsactionF* outslde Ihe n(ffial course ol business and feviewing accounlin9
8￿Mate￿ lor evld¢nce ol bla•.
A lurther des*tlon ol ouw reiponslbililh￿ for Ibe audil ol the finandal slatements18 located on Ihe Flnancl•l
Thi5 des¢riptson fomis part of Our
Audilofs feport.
Us• ol our f•port
Thls rnport Is made solely lo the tharftable compan18 rnembers. ag a body, in accordance with Chapier 3 of
Part 16 of the Comp8nieJ Acl 2006, Our audit woth has been undertaken so Ihat we mighl slate lo the
charitable compan18 membern Iho8e matters we are required lo slate to them in an Audrtofs report and for no
Qiher purpose. To Ihe fullest extent pemiitted by law, ￿ do not accepl Of assume responsIb￿lty lo anyone oth
than the charitsble company and Its members. a8 • body. for our audit *rrtk, lor this feport. or lor the opinlons
have fomed.
D•rr•n Ofonnor 8Sc (Horn) FCCA ACA (S•nlor gtatulory audftor)
for and on behalf of
J•m•g Cowpor Kroston Audlt
Chartefed Accountants and Stalutory Audilor
Readlng Bridge House
George Street
Reading
Bethshife
RGI 8LS
Date: zi
lTrJ
Page 9

ACRE HOUSING
STATEMENT OF FINANCIAL ACTIVITIES1114CORPORATIIIG INCOME AIID EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2025
Restrlcled Unr•strlct•d
fun¢ts
lunds
2025
2025
ToLIl
fvnd•
202S
Total
lur￿$
2024
Income from:
Donations and legades
Charitable activities
Inve8lm•nt Incom¢
800
1,26B.148
11,012
1.258.148
11,012
1,080,528
17,127
Tolal Incom•
1,269.660
1.269.660
1.097,655
Expondltur• on:
Ch•rltabl• athill•s
776.243
775,243
710.015
Total •xpond1￿rn
77S.243
776.243
710.015
N•t In¢om•
Transfers belw•en fvnds
494,417
49(417
387,640
10
¢687)
N•t mov•m•nt In fvnd•
(8871
495,004
494,417
387,640
RKonclUallon of fund•:
Tolal fvnd6 broughl loThvard
Net movem•nt In frJnd•
594,133
16•7)
11,691.f33
496,004
12,28S,868
494.417
11,898.226
387,640
Totsl fvnd• c•rrhd forwa
593,546
12,188.737
12.780,283
12,285.866
The Swemenl ol Fln•nclal AclivltlM Includ¢i all g•IM and loMe$ rer4nl8ed h Ihe y•ar.
The nole• on page• 13 to 26 fonn part of the•e ￿an￿•1 8t•tement•.
Page 10

ACRE HOUSING
REGISTERED NUMBER: 02677386
BALANCE SHEET
AS AT 31 MARCH 2025
2025
2024
Not•
Flx•d a88ets
Tanglble assets
Cu￿ent •M•ts
13,686,420
12.659.691
Debtors
Ca•h at b￿k and In hand
80,965
848.345
443,282
511,767
929,310
Curr•nt Ilabllftl•s
Creditors.. amounts falftng due one
year
(354.8191
{320,803)
N•t curr•nl 4s8•t•
156,948
608,607
Tolal •M•ts l••• ¢urr•nt Ilabllltl••
13,843,388
13,268,198
Creditor$.' amounts lallin9 due after more
than one year
11,063,085)
(982,332)
Total n•t ag•ets
12,780.283
12,285.866
Charlty fvndl
Restrided fundg
Vnrestricled funds
10
10
693,546
12,186,737
591.133
11.691.733
Total lund•
12,780,283
12,285,866
The Trustees acknovAedge thelr responsibilitles for compty'ng wlth lh• requbremenls of Ihe Acl wilh respecl to
•ccaunts'ng recoTds and preparation ol f￿ancial slatemenls.
The financial staternenls have been prepafed In a¢¢ordan¢e *lth the provthicms 8pplicable to ents'tle8 subject to
Ihe small companies regime.
The financial statements W•T• •pprov•d and authori#ed for issue by the TruJlee$ and Jigned on their behall by;
AS8ryan
Trustee
hl Stoddart
Trustee
Date:
I S171LS
The notes page$ 13 to 26 lorm part of Ihese financial statements.
Pa9e11

ACRE MOIISING
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Not•
Cash Ilow3 from op•rating act6vitio
Nel cash generated from operaling activites
13
562.566
450.739
Cash flows from Inv•stlng •¢tlvltl••
Purchase of tangible fixed assets
Inleresl received
11,037.884) (386.227)
11.012
17,127
N•t ¢Mh uwd In Inve8tlng actlvltl
11,026,852) 1368.100)
Cash ffl0￿ from hln•n¢lng a¢Uvltbo•
Cash infi+JYJ from new borrowlno
Repayments ol Ix*rrowlng
Interest pald
200.000
1107,1521
132.926)
(192,951)
(31,347)
Il•t cash provld•d byllu••d In) Ilnanclng athlll•s
69,223
1224.298
Chang• In ca8h and cash •qulval•nts In th• y•ar
Cash and cash equivalents at the beginning of the year
{40S,063I 1141,659
148.345
990,004
Cash and G••h oqulval•nts at the ond ol the y•ar
14
443.282
848,345
The note8 on page8 13 to 26 fom) part of these flnanclal ¥tatement6
Page 12

ACRE HOUSING
IIOTES TO ThE FINANCIAL STATEMENTS
FOR THE YEAR EIIDED 31 MARCH 2026
Ac¢ountlng pollci•s
1.1 8asl8 of prnporadon of Ilnandal sL•t•m•rt8
The finandal stalements have been wepared In accordance wlth the Charities SORP (FRS 102) -
Accounting and Reportlng by Charities.. Statemenl of Recommended Praclice appllcable lo char￿1¢$
prepwlng their accounts in 8GGordance Imih the Financial Reporting Standard applicable in Ihe UK
and Republic of Ireland IFRS 102) {effectlve 1 January 2019), the Flnandal Reporting Standard
applicable in the UK and Republic of Iral￿d (FRS 102> and Ihe Crynp4nie• Acl 2006.
Acre Housing meets the definrtion of a public benefft enlty Und￿ FRS 102. A¥xts and liab￿111•• w•
Initially recognised at hi8tori¢al cost or transa¢tioft valu• unless ¢)ther*i8e stated In the relevant
accounling policy.
1.2 In¢om•
All income 1$ recogrrised once the Company has •ntill•ment to the Income. 11 1$ probable that the
Income ￿11 be received and the amount ol income r•celvable can be m•4$ured iellably.
Inc(xnlng mourc•$ repreient Income reuivable Irom lund r•l•ing. donats'ons and glft•. Inteiesl
r•celved, r•m•l Inwne and houjlng b¢nefils.
Grnnts •nd doMtlon8 recelvable are ffKluded kn the year in ththlch the offer is conveyed to the
Charfty, exexpt In those cases where Ihe offer has condltlons, Such grants and donations being
recogni$ed as income when Ihe condition$ have been fuSffilled. Grants and doTrats'ons offeied subjecl
to conditions whith have not been met at the year end are nol included in Ihe financial statements.
1.3 Exp•ndltuT•
Expenditure h recogni¥ed once Ihere i¥ a legal or Constructive obligatlon to transfer economic
benefit to a third party, It 19 probable that a trangler of economic benefits will be requlred in
i¢ttlement and the amounl of the obligallon can be measured reliably. Expenditure 18 clas81fied by
activity. The costs of each acllvty are made up of the lolal ol direct co$ts and sh•red cos1$.
Induding •upport costs involved in undertaklng each aclivity. Dlrect ¢08t8 attributable lo a single
aclivlty are allocated dtreclly to that octivrty. Sharnd co81$ vthlch contribthe to more than one activity
and 8UPPOrt ¢osl8 *thlch are not attn'butable to a $lngle activity aTr apportioned belween those
acts'vilies on a bagis consistent the use of ie8ouiceg. Central Slaff ¢os1s are allocated on Ihe
basis of time spent. and depT￿l9110n charges allocated on the portion of the as8el'$ use.
Expenditure on charitable aclivits'es is incuThed on directly undertakin9 the activilles further the
Companls oty'ectives. as well as any ass0¢ialed Support cost$.
Grants payable are ¢harg¢d in Ihe year wthen the offer is made except in Ihose cases where the
offer Is condrtronal, Such grants bw'ng recognised as expenditure when the condition$ attaching are
fulfilled. Granls offered subject lo conditions which have not been met at the year end are noled as
ommilment, but not accrued as expenditure.
All expendiiure 18 incluslve of irre¢over•ble VAT.
1.4 Int•rngt r•G•lvabl•
Inte￿$t on ￿ndS held on deposit is induded when receivable and Ihe amount can be measured
rellably by Ihe Company; this is nomialy upon notrflcation of the interest paKI or payable by the
institution wilh vthom the funds ale deposited.
Page 13

ACRE HOUSING
14OTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 IAARCH 2025
A¢counttnq pollcles (coDtlnu•dl
1.5 Tanglbl• fflx•d •$s•l• and d•pr•cl•llon
T￿￿"ble fixed assets are inilialiy recognised al cost. After recognrtion. under Ihe cost model.
langible fixed assets are measured at cost less accumulaled depieciation and any a¢cumul8led
impairment losses. All costs incuffed ta bring a tangible fixed asset into ils intended ￿TkIng
condition should be induded in the measufernent of cost.
Oeyeclation18 charged $0 as to arnocate the cost of tanglble fixed a•8ets les• thelr residual valu•
over Iheir ests'maled ugefvl lives, on a reducing balance ba8iS.
Th• ••limated usefvl Ilvtt Irfe a• lollow8;
Lontrtem leasehold property - over Ihe term of the lease
Fixture8 and fitting$
16% reducing balan
DweGiation has nol been wovided In re8ped ol freehold property. Tho company adopts a policy ol
maintaining its buildings and as such the regidual value 1$ so high and the expected uselul lrfe is
so Img, that the depie¢iab'on charge would be immaterial both In ternis of the depreciation charged
lor th• yeai and the cumul•ti¥• charge lo Iho balanc• lheet.
The freehold and lon9 leasehold bulldln9$ are rev6Md annualty for any Ilgn* of Imp•lmient by the
trusiees.
Ilems Included in fixed a$8¢ts are capitall8ed Yèhere the purchase cosl exceeds £1.000, *there the
expendbture 18 deemed to add to the marf(el value of the property. Where works are carried out
spedfically io meet the needs of current or Incoming ienants the cost is Iwffilten off when Incurred.
1.6 O•bto
Tr•d• and other debtor• ore recognlsed at the Settlement amount •fter arny trade dl•counl offered.
Prepaymenlg are valued at the amount prepald net of any trade dijcounls due.
1.7 Cash at bank and In hnd
Cash al bank and in hand indudes cash and short.lemi hlghly liquid investments wilh a short
maturfty of thrne months or legs from the date of acquisition or opening of Ihe depogit or $lmilar
account.
1.8 U•bllftlu •nd provl•lon•
Liabih'lies are récognised *then there18 •n obfr'gation at the Balance Sheet date as a result of a past
evenl, it Is probable that a transfer of economic bmefil be required in settlement. and Ihe
amount of the settlement can be estsmated reTrably.
1.9 Flnanclal Instnim•nts
The Company only has financial asseis and financial liabitilies of a kind that qualify as basic financial
inslNrnents. Basic financial instrument$ are I1￿lIallY recvgnised al Iransaction value and
subsequently rneasured at their Settlement value the exuption of bank loans whlch are
Jub8equently measured at amortised cosl u8lng Ihe effecllve Interesl method.
1.10 Op•rnllng 1••8
Rentals paid under operating leases are charged to the Statement of financial activities on a straight
line basi$ over Ihe lease tem.
Page 14

ACRE HOUSING
NOTES TO THE FIIIANCIAL STATEMENTS
FOR THE YEAR EIIDED 31 MARCH 2025
Ac¢ountlng poll¢h$ (contlnued)
1.11 Fund •¢¢ounllng
General funds are unrestrlcled lunds which are avallable lor use at the dlswlion of Ihe Trustee$ In
furtherance ol th¢ general oblKllve¥ ol the Company and vthich have not been designoted for other
purposei.
Oe$i9n•ted fundi comprl8e unrestri(#ed funds that have been set aside by the Trustees lor
particular purposes. The alrn and use of eath d•signated fund 1$ set in the not¢$ to the financial
statements.
Restricted lund$ are funds which are to be used in accordance with specific restrictions imposed by
donors or ￿lch ha¥e been raised by the Company for parttcular purposeg. The Costs of raising and
administering such fund8 are charyed against the specific fund. The aim and use of each re5trrcted
lund 18 s•t out In the notes to the financial Jt8tements.
Investmenl income, galns and109ge• arn allocaled to Ihe appropri•t• fund.
Crftl¢al aecounllnq Mllm•t•• •nd •rni• olludgm•nt
eGtlmate8 and judsvnonts are conlinually evaluated and are based on hlslorical experfence and other
lactors, including expectaltons ol futu￿ events that are believed to be reasonable undef the
clrcumstances.
Crftical accounling estimale8 and assumptrons..
In Ihe apP￿ration of the Chority8 occounlin9 policies. the trustees ar• required lo make judgments,
estimateg and assump￿On8 about the carrying amount of a8$el8 and liakn'lities not readily apparent fmm
other sourcei. The estimate8 and a•sorJ'ated a81umption8 ale baged on histori￿1 experience and oth•r
factors th•t arn considered to be relevanl. Adual r•iutts may differ from Ihe$e eitimale8,
The Comp4ny rn•ke$ ¢•tlmate$ and 08sumption• ￿nc•m5n9 the futur•. The reiulting acC￿ntIng
estirnate8 and assumpts'ons vlll, by definilion. seldom equal the felaied actual re$ulls. The estimatès and
assumpiions that have a slgnlficanl rl8k of causing a malerial adjustment to Ihe carrying amounts of
a55ets and fiabib'ties wilhin the next finan(ial year are dlscussed below.
Critical areas ofjudgmenL'
The esllmates and urKlerlying assumptions a￿ revio￿*d on an ongoing basis. Revisions to accounting
eslimates are rewgnlsed in Ihe period In Ihe ¢¥limale is revised where the revision affects only
that period, or in Ihe period of the revision and future periods where Ihe revifjian affects both curreftt and
futsir• pèriods.
The most J1gnific•nl eJtim•teg •nd •Jsumpbons *thich offect Ihe arnount of each asset$ and
liabiliile8 In Ihe a￿Ount3 ￿181¢8 to:
Depieciation - The annual deprecation chafge foi property. plant and equlpment i¥ %nsltlve lo change In
the estimated useful e¢oncYnic lives and residual value of assets. These are feasses$ed annualty and
amended were rte￿538ry to reflect Current arcum$tan¢e$.
Page 15

ACRE HOUS114G
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Income from charltabl• a¢llvltl•s
Unr••trlct•d
fvnd*
2026
Tot•1
fundg
2025
T¢Xal
lund$
2024
AccommodatKJn pmvtsion and relaled r•er¥ices
1.258,148
1.258,148
1.080,528
Total 2024
1,080,528
1,080,528
Anaty•l• of •xp•ndltUM on charltabl• •clJvlll••
Grnnt
Dlr•ct fvndlng of
cos1*
•¢llvldè8
202fj
2025
Support
¢ost•
2025
Total
funds
2025
Tol81
lunds
2024
A¢comrnodatifm Provi￿on and
related services
640,103
127,502
7,638
775,243
710.015
Total 2024
587,121
115,478
7.416
710.015
01 the £775,243 expended during the year £775,243 w88 unreslricted (2024: £710,015)
A grant of £127.502 was Pa￿ during the year lo Style Acre (2024: £115,478).
Page 16

ACRE HOUSING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Anaty•lg of •xpgndllur• on charftabh •cllvlO•• (contlnu•d)
Anatysis of dlr•ct CO8t8
Totsl
lunds
2025
Total
lunds
2024
D•preciation
Rates and water
Insurance
Houslng rent pald
Luaehold wvice chargej
Repirs and renewals
Adminlstradon and houslng management l¢eg
Legal and proles8lonal fees
B￿k charges
Loan inlerest
11,135
47,003
21.144
32,668
26,058
398,468
65,27J
2.014
3,345
32,925
3.083
42,709
14.919
34.318
26.329
36S,332
85.274
2,098
1.712
31,347
640,103
587,121
An•ty•l• of ¥upp•rt ¢0•
Total
nds
2025
Total
lunds
2024
Auditors, remunerntion
7,638
7.418
T￿￿1¢•$. rnmun•Mtlon and expens•8
r￿ring the year, no Trustees received any remunwati¢n or other benefil812024 - £NIL).
Durirtg th• ye•f ended 31 Marth 2025, no Trustee expen￿5 have been incuffed (2024 - £NIL).
Page 17

ACRE HOUSING
NOTE8 TO THE FINANCIAL STATEMENTS
FOR TfrIE YEAR ENDED 31 MARCII 2025
T•nglbl• Ilx•d a•8•t•
Long-t•mi
leasehold Flxtur•s and
prop8rty
fittin
Fr•ohold
property
Tptal
Cost or valuatlon
At 1 Awil 2024
Addilions
11.543,992
1.037,864
1,290,803
43,514 12.878.309
1.037.164
At 31 March 2025
12,S11,1$6
1,290,803
43,514 13.918.173
IhproGhtion
At 1 April 2024
Charge lor the year
196,669
7.9IKI
21,•49
3.236
218.611
11,135
Al 31 March 2025
204.589
25,114
229,763
Il•t book valu•
At 31 March 2025
12,611.856
1,086,234
11,330 13,686,420
Al 31 Marth 2024
11.$43.992
1.094.134
21,565
12.659,691
The net book value repre•ents fixed ai$ets us•d tr dir•rt thariL1ble Purpo￿1.
The trustees are of the oplnlon that freehold properties wlih a net book value of £12.581,855 hav• a
market value gre•ter th•n or equal lo thi$ a¥ at 31 March 2025. The freehold properties ale held at
histOTiC Cost.
The trustees are of the opSnlon that long leasehold propertles vith a net book value 01 £1.086.234 have
market value grealer than or equal to Ihis as at 31 Marth 2025. The long leasehold properties are held at
historic cost.
The Oirectors have considered the basis on wh¢ch the properties owned by the Charity Sh¢￿Id be
8¢counted for under FRS 102. Having reviewed the rental Income paid by the tenants, the Directors have
concluded that the properties are held lor the provision of Social benefit and thal they qualify as Property
(Tangible Fixed Assets) ralher than as tnveslmenl prope￿.¢3: a￿OrdinglY Ihe building's carying value 18
stated at historic cost.
Page 18

ACRE HOU81NG
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR EIIDEO 31 MARCH 2025
D•bl¢rn
202S
2024
Trade debtors
Other debtors
Piepayments and accrued irtome
8,864
13,871
45.750
14.230
7,150
59,586
6B,41S
80,965
Crndltor•: Amoun1• f•lllng du• wlthln on• y•ar
2025
2024
8•nk loans
Trnde craditorn
Othw Ixedltor*
Attn￿18 and delerred Incom•
115,671
17,339
162,161
89,651
104.276
13,200
155,164
48.183
3S4,819
320,803
The bank108ns ale secured against the Ireehold propertles of the t*￿rity.
Page 19

ACRE HOUSING
140TES TO THE FINANCIAL 3TATEMENT3
FOR THE YEAR ENDED 31 W4RCH 2025
Credltorn: Amounts falllThq du• aftér more than on• y•ar
2025
2024
Bank loans
Olher loans
883,085
180,000
802,332
180.1)00
1,063,086
982.332
Induded wllhin the above •fe •mount8 f•lllng du• •J follo￿.
2026
2024
B•tVl•on on• and two ymrs
Bank loans
115.671
104,277
B•twMn iwo and fiv• y•arn
Bank loans
347,013
312.830
Ov•r five year•
BAnk108n•
Olher loans
420,401
18•,000
385.225
180.000
Th• ￿nk loans are ••cur•d •yinsl the froehgld proportles ol lh• tharity.
Other loans retsle to a Mnb'niwng Ilablllty of £180,000 In Oldcol. page 4 01 the Trustees. Report for
further details.
Page 20

ACRE HOUSING
NOTES TO THE FINANCIAL STATEMENT3
FOR THE YEAR ENDED 31 MARCH 2025
10. SLit•m•Tht ol fund8
st•t•m•nt of fund• - currnni y••r
Balanc• •t
31 March
2025
8alance •11
Apru 2024
Tf•n8far•
Inl(oul)
Incom• Exp•ndltur•
Unrnstrlctod fund8
Do•lqn•l•d funds
Designated fvnds
Designated fvnds . donoted
properties
8.092,810
$00,950
1.593.760
3.688.923
15,946) 3.582.977
11.881.733
495.004 12,176,737
G•n•ral lund•
General fund
10.000
1,26•,660
1776,243) 1494,417)
10,000
T¢)t•l UnM•trlct•d fund•
11,691,733
1.269,660
(776,243)
517 12,186.737
R••trlct•d fvnd•
Chade$ Road
Hagbourne Road
Fir Tree Avenue
Bradstocks Way
Slade Road
Bryan Way
SleveNon Road
Virginia Way
Ashfield Road
Loyd Road
200,610
71,083
26,000
82.299
41,500
165.500
200,610
71,083
26.000
12.299
41.500
155,500
429
13.800
2.797
528
13,100
3,291
621
1494)
$94,133
(S871
693.646
Tolal of fundi
11215,866
1,21•.660
(775,243
12,780,283
Page 21

ACRE HOUSING
NOTES TO THE FINANCIAL STATEPIENTS
FOR THE YEAR ENOED 31 MARCH 2025
1￿ Slat•m•nt of lunds {¢ontlnuod)
Statsment of fund$ - prlor yo•r
8alance al
31 March
2024
Balance ot
1 April 2023
Transfers
inlout
Income Expenditure
Unr8strlcted fi•ndg
D•8lgnatsd fund•
Designated funds
Oe¥ign•ted lund$ . don&led
propertl•8
7.698.532
394.278
8.092.810
3.594.870
(5.947) 3.588,923
11,293,402
388,331 11,681,733
Gon•r•l fvnds
General fund
10,000
1,097,655
(710.015) {387,640)
10.000
ToLg1 Unr•6tr1¢t•d fund•
11,303,402
1.097,655
(110.015)
691 11,691,733
Ro8trf¢t•d fund•
ChaAes Road
Hagboume Road
Flr Tree Avenue
8radst¢)cks Way
Slade Road
Bry&n W
Steventon Road
Vlrginia Way
Ashfield Road
Loyd Road
201,341
71,083
25,000
82,299
41,500
155,500
429
13,800
3,872
(731)
200,610
71.083
25.000
82.299
41,500
155,500
429
13,800
3,291
621
(581)
621
594,824
1691 >
594,133
Total of funds
11,898,226
1,097.655
(710,015)
12,285,866
Page 22

ACRE HOUSING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
10. Slatomont of funds Icontlnuod)
Purpo8• of r•8trlcted funds:
Chartas Road:
The fund$ fttdved in respect of Charles Road have been utilised and then captsiised wilhin tangible
fixed assets under freehold property.
Wilhin Ihe wior year openlng reslricted funds in respecl of Charles Road is a donation lor Ihe purchase
of fixtures and fittSng$ of £7.040, this w89 transferred to Uoyd Road durin9 prior year.
Loyd Road
Inclvded 4thin restrScted fvnd$ In resp•ct ol Loyd Road Is a donatlon for ihe purchase of fiX￿reS and
ffittings of £7.040 Iranslefred from Charles Road during the prior year. Thege lunds are beiNJ amortised
to match Ihe deprecbation being charged in the finanri•l st8lements of £93 (2024.. £110).
Hagboum• Road
The fvnds fecolved In resp•ci ol Hagboume Road h•v• been ulltlsed and then ¢apltalb8ed vAlhin
tangibl• fixed ao8et8 under fr•ehold prop•rty.
Flr Tv•• Av•nu•
The fvnd$ received In re9pect of Fir Tree Avenue have been uiillsed arml Ihen capitaliged Vlilhin
langible fixed as$et$ under Ireehold proerty.
Bradsto¢ks Way
The funds received in regped rf 8radgtocks Way have been utiliged and then capitali8ed Within tOng￿le
xed assets under freehold property.
Sl•d• Road
fvnds received in r•spect ol Slade Road have been utili¥ed and then capitalised v•iihin tangibk fixed
assets und•r treèhold property.
ryan W•y
The funds recelved in respect of 8ryan Way have been utiliied and then capltallied vAlhin kngible
fixod a8sel8 under freehold prop•rty.
St•v•nton Ro•d
The funds re£d￿d In respecl of Stev•nlon Road have been uthllsed and then capltalised vAthin tanglble
fixed 8s$elg under Ireehold property.
Vlrylnia Way
The funds received In respect of Virginia Way h8¥e been utilised and then capitallsed *ithin tangible
fixed 8$8ets under freehold propety.
Ashfield Road
Induded within restricted funds in respecl of Ashfield Road is a donation lor the purchase of fixluies and
fittings of £5.496. These fund$ are belng arnortised to match the deFYeclat¢'on being chaf9ed in the
firkincial stslements of £494 (2024.. £581).
Pa9e 23

ACRE HOUSING
NOTES TO THE FINANCIAL STATEfiENTS
FOR THE YEAR ENDED 31 laARCH 2025
11. Summ•ry of funds
summary of funds • curv•nt y•ar
Balance at
31 f•larch
ZO25
8alancg at 1
Aprll 2024
Trnnsf•rd
Incom• Expendltuve
Designated fvnds
General funds
Restricled lundg
11,681,733
10,000
594,133
495,QQ4 12.176,737
(775,243) 1494,417
10,000
(587
593,648
1,269,660
11286,866
1,269,660
1776,243)
12,780,283
Summary of funts - prtov year
Balance at
31 March
2024
Balance at
1 April 2023
Tiansfer8
inlout
Income Expendlture
Deslgnated lunds
General lund$
RMtrfded lund8
11.293.402
10,000
694.824
388,331 11,681,733
<710,015) (387,840)
10,01)0
(691)
$94,133
1,097,655
11,898.226
1,097.655
(710,015)
12,285,886
12. Anaty￿s of n•t a•s•ts b•tw•en fund8
An•tysls of net 4880ts botwoon lund8 • cuvr•nt y•av
RMlrfct•d Unr08tr1¢ted
lundg
funds
2025
2025
Total
lunds .
2025
Tangible fjxed a3sel$
Current assets
Credltors due *lthin one year
c￿ditOrS due in more than one year
593.548 13,092.874 13,686N20
511,767
511.767
(354.819> 1354.8191
(1.063.085) 11,063.086)
Totsl
593.546 12,186,737 12.780.283
Page 24

ACRE HOUSING
MOTES TO THE FIIIANCIAL STATEMENTS
FOR THE YEAR EIIDED 31 MARCM 2025
12. AnJtyg18 of net assets funds Iconllnu•d
Anatysls ol not assèts b•twMn lund• - prfor y•ar
ReS￿ted Unrestricted
lunds
funds
2024
2024
Total
funds
2024
Tangible fixed assets
Current assets
Creditors due wilhin one year
Creditor8 due in more than one year
594.133 12,065.558 12.659,691
929.310
929,310
(320.803)
(320.803)
(982.332)
{982.332)
Tol•l
594.133 11,691.733 12.285,866
13. Roconclllallon of n•t movem•nt in lundg to n•t u•h fl•)w from op•rnllng actlvttl
2026
2024
Net Income for th¢ year {•s per Stalement of Flnanclal Activities)
494,417
387,840
AdJu8thi•nt• Iw:
Depreciallon charge$
Movements in debtors
Movements in credltorg
Inlerest received
Interest paid
11,138
12.480
22,621
111.012>
32,925
3,083
6,821
38.975
(17.127>
31,347
N•t ¢•sh provldod by op•rallng activiti0•
562,566
450.739
14. Analysls of cash and cash •qulvalents
2025
2024
Cash in hand
443,282
848,345
Tot•1 ¢a•h and cash equlvalonts
443.282
848.346
Page 25

ACRE HOUSING
NOTES TO THE FINANCIAL STATeMENTS
FOR THE YEAR ENDED 31 MARCH 2025
15. Anatysls of chang•8 In n•t d•bl
At 1 Aprll
2024 Cash flows
At 31 March
2025
Cash at bank and in hand
Debl due withln 1 year
Debt due after 1 year
848,345
1104,2761
(982,332)
1405,063)
443,282
111,3951 (115,671)
180.763) 11,063.08$)
(238.263) 1497,211) 1735.474)
16. Op•r•tlng l••M ¢¢mmllments
A¢ 31 March 2025 the Company had cornrnilmMts to make future mlnlmum lease payments under non-
canullable operating leases as follows..
2028
2024
Not later than 1 year
Lat•r than 1 year and nol later than 5 ye8r8
Later than 5 year8
13.229
46,969
7S,685
15,468
45.749
86.181
13S,883
147,398
17. R•lat•d paty tr•n8•¢11on•
Style Acre, a chaiitable company. provKle day lo day exocutiv• managemenl for Acre Hou8lng and are
deemed to be a related party.
Durlng the year the lollo*lng transaciions look place wlih Style Acre..
Administration charges tolalling £65.273 (2024.. £65,275> were charged by Style Acre In reswd of
general administrallon cosls. Including housing and pmperty management.
During the year Acre Housing made an unreslricled granl to Style Acre of £127,50212024'. £115.478).
Style Acre Trading 1$ a vknolty trading subsidiary ol Style Acre. Style Acre Trdding Limlled have
granted a tenancy lo Acre Housing for part of a building it owns, which Acre Housing in turn sublets to
seThice users in supported houslng.
During the year Ihe following transacb'on$ took place Style Acre Trading Limited:
Housing rent and leasehold service charges toialling £33,068 <2024.. £32.273) were tharged by Style
Acre Trading Limited.
Pa9e 26