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2024-03-31-accounts

REGISTERED COMPANY NUMBER: 02719436 (England and Wales) REGISTERED CHARITY NUMBER: 1014868

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

CATCHINGLIVES

Spurling Cannon Audit Limited 424 Margate Road Westwood Ramsgate Kent CT12 6SJ

CATCHINGLIVES

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

Page
Report of the Trustees 1 to 7
Report of the Independent Auditors 8 to 11
Statement of Financial Activities 12
Balance Sheet 13
Cash Flow Statement 14
Notes to the Cash Flow Statement 15
Notes to the Financial Statements 16 to 28
Detailed Statement of Financial Activities 29 to 30

CATCHINGLIVES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).

This report covers the period from April 2023 to March 2024 and will provide a glimpse into how Catching Lives has performed over the past 12 months.

Chair's Report

This year, we have continued to see a strong demand for our services, reflecting the ongoing need within our community and the national homelessness crisis. This continuing trend sadly shows little sign of receding. In response, we have focused on implementing key strategies aimed at building resilience across the organisation. By enhancing our operational processes, improving our service delivery and diversifying our income we have worked towards creating a more adaptable and robust organisation. These efforts have strengthened our ability to meet current demands while preparing us for future challenges, ensuring that we remain committed to our mission and those we support.

I would like to express my heartfelt thanks to our donors, funders, partners, staff, and volunteers for their continued support, without which the work of Catching Lives would not be possible. A special acknowledgement goes to the individuals whose generous donations of food and essentials reflects the remarkable spirit of our community. Our dedicated staff and volunteers also deserve immense gratitude and thanks for their hard work and commitment, enabling us to make a difference every day.

Page 1

CATCHINGLIVES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

OBJECTIVES AND ACTIVITIES

Objectives and aims

This review reflects the activities of the Charity during the period under review. The Trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.

Vision and Mission

Catching Lives is an independent charity aimed at supporting people who are homeless, sleeping rough, or are insecurely housed in Canterbury and East Kent; those who have, for various reasons, fallen through the gaps in society and feel they have nowhere else to turn.

Our vision is of a society where all are included and all, no matter how disadvantaged, can make a contribution. We're working towards ending the harm caused to individuals and communities by homelessness, rough sleeping, and insecure housing.

Objectives

Catching Lives works with people who are homeless and socially excluded in Canterbury and East Kent to:

(a) support and enable each client to increase their sense of personal responsibility, motivation and self-worth.

(b) improve the physical and mental health, of each client, by supporting them to take greater responsibility for their health management recovery.

(c) motivate each client to achieve positive steps toward independent living.

Activities

The Catching Lives day centre offers:

-A warm welcome and access to basic facilities including food, showers, laundry, computers, clothing etc.

-Support with immediate and ongoing needs e.g. housing, income, ID, access to healthcare.

-Specialist mental health support from in-house staff.

-Access to in-reach services and external partners, for example Canterbury City Council's rough sleeping team, Forward Trust for alcohol and drug support, Rising Sun for domestic abuse support, Citizens Advice Canterbury welfare benefits support, DWP, Social Services, Hep C Trust, and NHS community nurse and vaccination services.

-Activities programme e.g. board games, arts and crafts, yoga, cookery, gardening and table tennis.

We also support people in the community:

-Street outreach to people sleeping rough (in conjunction with the council's Rough Sleeping Initiative team).

-Tenancy sustainment support to people in accommodation.

-Supporting Thanington Neighbourhood Resource Centre's youth provision.

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CATCHINGLIVES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

ACHIEVEMENT AND PERFORMANCE Charitable activities

Palmer House

We commenced a much-needed programme of refurbishment and repair of our building. The most impactful and transformative project this year has been the upgrade of our shower and bathroom facilities. Providing individuals with a clean, safe space to wash is fundamental to restoring a sense of dignity and self-worth for our beneficiaries. Access to modern, hygienic bathroom facilities plays a crucial role in helping people feel refreshed and respected, which is often the first step in rebuilding their confidence and well-being. These upgrades represent a significant improvement in our ability to meet the basic needs of those we support, enhancing the overall experience at our centre. We've heard a huge amount of positive feedback from beneficiaries about this change.

Other works underway include replacing the areas of flat roofing, with the works covered by a long guarantee. Our garden, which is a wonderful asset, has been transformed and renovated through a partnership with Herne Bay in Bloom who facilitated the Root to Resistance project with clients and volunteers.

We were grateful to secure a Capital Capacity Fund grant from Homeless Link and the Albert Hunt Trust, which has enabled us to engage with a local architecture practice to review and evaluate our building, producing fully costed designs. This project explored how to make our building more welcoming and a purposely designed trauma-informed and psychologically-informed environment - an approach to developing, delivering, and evaluating services that considers the psychological and emotional needs of people who use them. As a result of this work, we will be able to prepare applications for funding to transform the Centre. This will set us in good stead for realising the true value of our premises and forming a longer-term building strategy for years to come.

Winter Provision and Night Shelter

The Board faced a difficult decision this year regarding our ability to fund a Winter Night Shelter, leading us to decide not to open the Shelter. Alongside this announcement, we launched a public appeal for financial support to extend our services during the winter months. We were heartened by an outpouring of community support, as well as a grant from the National Lottery's Community Organisations Cost of Living Fund, which enabled us to extend our hours from 9am to 8pm daily throughout the winter. This effort was supported by a dedicated team of staff and volunteers.

However, this model of extended support placed significant demands on our organisation, particularly as the national rise in homelessness puts additional pressure on our team, facilities, and services. As we reflect on this experience, we are considering alternative approaches to better address the needs of our clients in the coming winter season.

Catching Lives Bookshop

Our second-hand bookshop on Palace Street remains a vital cornerstone of our income generation. We are immensely grateful for the Bookshop volunteer team's ongoing dedication and tireless commitment. Their consistent and reliable support is crucial in sustaining the work of Catching Lives. A heartfelt thank you to everyone involved in making the bookshop such a success.

Centre data April 2023 - March 2024

Our daily drop-in from 9am-2pm is at the heart of Catching Lives' services. People in housing need can access essential services (food, showers, laundry etc), one-to-one support, arts and activities, and access to partner agencies who hold their own drop-in sessions at the Centre. I'd like to thank partners including the council's Rough Sleeping Initiative team, Citizens Advice, Rising Sun, Hep C Trust, Porchlight, Kent Community Healthcare and Forward Trust who work with us to offer support to our beneficiaries at the Centre.

Individual beneficiaries Footfall (all visits) New beneficiaries
2023/24 500 11,787 275
% change from 2022-23 +2.3% +23% +10%

Alongside the drop-in, we continue to deliver street outreach, tenancy sustainment, and a programme of arts and activities. Our Arts & Activities programme has gone from strength to strength, both within the Centre and in the community. This year, we were delighted to join the STREETS AHEAD Collective alongside Rock Paper Scissors and EKC Canterbury College in their first pop-up shop to exhibit and sell creative work by our beneficiaries alongside established artists and EKC visual arts students.

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CATCHINGLIVES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

FINANCIAL REVIEW

Financial position

In the year ended 31 March 2024, the charity received income totalling £561,893. This was a 34.2 per cent increase over the prior year. Total expenditure of £557,563 left a small surplus of £4,330 for the year. This increased total funds held to £481,326, of which £23,094 represented restricted funds. Cash held at the end of the year totalled £392,253.

A key focus this year has been to diversify and transform our income, including strategies to secure multi-year grant funding, and to connect with additional community and corporate donors. We have been successful in these efforts and continue to work towards greater financial resilience year on year.

One of our key achievements this year was to secure funding from Lloyds Bank Foundation along with support from their Enhance Programme, including fundraising strategy development with specialists from Charities Aid Foundation.

We are especially grateful to Herringbone Kitchens and to the Diocese of Canterbury for their continuing support, and we would also like to thank Kent Community Foundation, the National Lottery Community Fund, Canterbury City Council, Streynshams Trust and Albert Hunt Trust for awarding us grants again this year.

Reserves policy

The Board approved a revised reserves policy in March 2024:

Catching Lives will hold its unrestricted reserves in a general fund (the 'Operational Fund') and in a designated fund (the 'Building Fund').

We will hold Operational Fund reserves equivalent to 3-6 months' running costs. This range provides flexibility for changes to our running costs during the year, for example, if we secure funding for new activities that require recruitment, as well as the potential impact of continued inflationary increases. It includes Exit Fund costs (i.e. the amount needed to close the charity) of £50k.

Going concern

The trustees of Catching Lives consider that the charity will remain a "Going Concern" for the foreseeable future. This is based on an assessment of the latest actual financial results and the budget for 2024/25 presented to the trustees. These sources show the current and projected liquidity position of the charity and its current and projected free reserves, all measured relative to the expectations set out in the charity's Reserves Policy. The Reserves Policy states that the charity should hold free reserves of between 3 and 6 months' regular expenditure. The position halfway through financial year 2024/25 and the budget for the full year, based on prudent assumptions, both indicate a level of free reserves that is slightly above this range. The charity is on track to deliver its full year budget. By the nature of the charity's income sources, there remains a degree of risk to future reserve levels. This risk is under continual review and there are potential mitigations in the event of a downturn in income.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The Company was first incorporated 1 June 1992 as a company limited by guarantee and not having share capital. The Charity was registered with the Charity Commission on 20 October 1992.

Recruitment and appointment of new trustees

Over the past year, we have bid farewell to trustees Kelly Napier, Alexandra Gordon and Ellie Boreham. We thank them all for their support of Catching Lives. A new round of trustee recruitment, supported by Lloyds Bank Foundation's Enhance programme via Trustee Works, has set out to strengthen the Board's skills and expertise.

Trustees at Catching Lives are recruited through an open application process, with vacancies advertised online (for example on Reach Volunteering, LinkedIn and Catching Lives). Appointments are made by the Board following a shortlisting and interview process. In 2024, advertising for trustee vacancies was supported by TrusteeWorks thanks to funding from Lloyds Bank Foundation. Shortlisting, interview and appointment remained the responsibility of Catching Lives. Trustee inductions include meetings with the Chair and CEO, and visiting the Catching Lives day centre.

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CATCHINGLIVES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational strategy 2023-26

Our vision is of a society where all are included and all, no matter how disadvantaged, can make a contribution. We're working to end the harm caused to individuals and communities by homelessness, rough sleeping, and insecure housing.

Strategic Priorities 2023-26:

  1. Responding to homelessness and social exclusion

  2. Being part of our community

  3. Creating a psychologically informed environment

  4. Delivering a quality service

  5. Being a resilient organisation

Looking ahead

The past year has been one of stabilisation and laying the groundwork for the future. We are beginning to see positive results from our efforts, with noticeable improvements in our finances and overall financial security. While this progress is encouraging, we must remain aware of the broader context of rough sleeping and homelessness on a national scale. We are not immune to the effects of the ongoing cost-of-living crisis and are experiencing an increase in demand for our essential services. In the coming year, we are dedicated to addressing the needs of the individuals affected by homelessness who turn to us for support.

Catching Lives remains committed to being there for people every day, supporting them in transforming their lives and working towards achieving positive change for individuals and for our community.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The Trustees identified risks during the year and took actions to mitigate them including:

-Changing the organisational structure and appointing new trustees to strengthen leadership and strategic oversight.

-Implementing new strategies around organisational priorities and income generation.

-Approaching new funders, and diversifying funding streams to reduce reliance on public giving at a time of increased economic uncertainty.

-Review of policies and procedures, and introduction of new systems, to ensure strategic oversight, support for staff, and quality of service delivery.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

02719436 (England and Wales)

Registered Charity number

1014868

Registered office

Palmer House 13 Station Road East Canterbury Kent CT1 2RB

Page 5

CATCHINGLIVES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

Trustees

K Napier (resigned 17/5/2023) J L Hanford Vice Chair G F Metcalfe (resigned 24/7/2024) T Bridgeford Secretary to the board of trustees (resigned 17/10/2023) E Boreham (resigned 29/5/2024) M Reed Chair P Astell Director (appointed 17/5/2023) Ms A N Gordon (resigned 15/11/2023) Ms C L Gremo-Gilham J G Hughes Retired (appointed 17/5/2023) G Petty (appointed 29/5/2024) B Coady-Mayall (appointed 29/5/2024) F A Ellis (appointed 29/5/2024) N Archer (appointed 29/5/2024) M Williams Secretary to the board of trustees (appointed 17/10/2023)

Senior Statutory Auditor

Jonathan Spurling

Auditors

Spurling Cannon Audit Limited 424 Margate Road Westwood Ramsgate Kent CT12 6SJ

Current Patron:

Archbishop of Canterbury, Justin Welby

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of CatchingLives for the purposes of company law) are responsible for preparing the Report of the Trustees 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 those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to 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.

In so far as the trustees are aware:

Page 6

CATCHINGLIVES

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

AUDITORS

The auditors, Spurling Cannon Audit Limited, were re-appointed at the Annual General Meeting held in November 2022.

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................

M Reed - Trustee

Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CATCHINGLIVES

Opinion

We have audited the financial statements of CatchingLives (the 'charitable company') for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

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 Auditors' 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 trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

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.

In connection with our audit of the financial statements, 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 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:

Page 8

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CATCHINGLIVES

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 Report of the Trustees.

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

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, 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.

Page 9

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CATCHINGLIVES

Our 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 a Report of the Independent Auditors 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.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we have considered the following:

As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and did not identify any specific areas of concern.

In common with all audits under ISAs (UK), we are required to perform specific procedures to respond to the risk of management override.

We also obtained an understanding of the legal and regulatory frameworks that the charity operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included The Charity Act, health and safety and tax legislation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Page 10

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF CATCHINGLIVES

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 auditors' 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.

Jonathan Spurling (Senior Statutory Auditor) for and on behalf of Spurling Cannon Audit Limited 424 Margate Road Westwood Ramsgate Kent CT12 6SJ

Date: .............................................

Page 11

CATCHINGLIVES

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
408,720
Charitable activities
5
Relief of Poverty
19,461
Other trading activities
3
54,859
Investment income
4
10,854
Total
493,894
EXPENDITURE ON
Raising funds
6
3,560
Charitable activities
7
Relief of Poverty
398,499
Total
402,059
NET INCOME/(EXPENDITURE)
91,835
Transfers between funds
18
84,979
Net movement in funds
176,814
RECONCILIATION OF FUNDS
Total funds brought forward
357,070
TOTAL FUNDS CARRIED FORWARD
533,884		 Restricted
funds
£
68,000
-
-
-
68,000
-
90,770
90,770
(22,770)
(84,979)
(107,749)
119,926
12,177		 2024
Total
funds
£
476,720
19,461
54,859
10,854
561,894
3,560
489,269
492,829
69,065
-
69,065
476,996
546,061		 2023
Total
funds
£
335,823
19,185
53,128
10,561
418,697
5,510
442,642
448,152
(29,455)
-
(29,455)
506,451
476,996

The notes form part of these financial statements

Page 12

CATCHINGLIVES

BALANCE SHEET 31 MARCH 2024

Notes
FIXED ASSETS
Tangible assets
13
CURRENT ASSETS
Debtors
14
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
15
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
18
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2024
£
143,018
24,252
392,253
416,505
(13,462)
403,043
546,061
546,061
533,884
12,177
546,061		 2023
£
79,776
23,348
388,630
411,978
(14,758)
397,220
476,996
476,996
357,070
119,926
476,996

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

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. M Reed - Trustee

The notes form part of these financial statements

Page 13

CATCHINGLIVES

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by/(used in) operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2024
£
73,877
73,877
(70,254)
(70,254)
3,623
388,630
392,253		 2023
£
(35,821)
(35,821)
(333)
(333)
(36,154)
424,784
388,630

The notes form part of these financial statements

Page 14

CATCHINGLIVES

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Depreciation charges
Increase in debtors
Decrease in creditors
Net cash provided by/(used in) operations		 2024
£
69,065
7,012
(904)
(1,296)
73,877		 2023
£
(29,455)
5,664
(1,913)
(10,117)
(35,821)

2.

ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.23 Cash flow At 31.3.24
£ £ £
Net cash
Cash at bank and in hand 388,630 3,623 392,253
388,630 3,623 392,253
Total 388,630 3,623 392,253

The notes form part of these financial statements

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CATCHINGLIVES

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

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)',Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in Sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. The Board has considered the principal risks and uncertainties on the short- and long-term health of the Charity, and is content that the measures taken, combined with sufficient reserves, provides assurance that the going concern basis is appropriate in preparing the financial statements.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Charitable activities

The costs of running the charity are those expenses incurred directly in support of expenditure on the objects of the charity. Support costs are those costs directly attributable to supporting income generating activities and in supporting the governance of the charity.

Governance costs

Governance costs are those costs incurred in the governance of its assets and are primarily associated with constitutional and statutory requirements. Other expenditure in respect of administration of the charity is not identified separately and is not considered material. This administration is carried out using charity facilities and staff.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - in accordance with the property Fixtures and fittings - 25% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

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continued...

CATCHINGLIVES

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

1. ACCOUNTING POLICIES - continued

Donated goods received

The majority of donated goods received are items of food or clothing. Whilst the charity relies heavily on these donations in order to provide the services it does, these items are difficult to value - the food may be beyond the "Sell by" date or in damaged packaging and items of clothing may have no resale value but the charity is still able to make use of them. The charity's book shop also receives donations of books which it will attempt to sell via the Catching Lives Bookshop but these items may have no realisable value.

2. DONATIONS AND LEGACIES

Donations
Grants
Grants received, included in the above, are as follows:
Other grants
Grants received 2023-24
Anton Jurgens Charitable Trust
£3,000
Canterbury City Council RISE
£4,000
Cantiacorum Foundation
£5,000
Colyer-Fergusson Charitable Trust
£5,000
Finnis Scott Foundation
£1,000
Garfield Weston Foundation
£50,000
Henry Oldfield Trust
£5,000
Homeless Link Capital Capacity Fund
£14,517
Hope Community Arts Fund
£1,000
John Swire 1989 Charitable Trust
£45,000
Kent Community Foundation
£12,000
Kent Community Foundation Learning Journeys Fund
£1,106
Leeds Building Society Foundation
£1,000
Lloyds Bank Foundation
£25,000
National Lottery Community Fund
£57,000
Philip & Connie Phillips Foundation
£10,000
Robert Gavron Charitable Trust
£1,000
Stagecoach - Giving For Good
£500
Streynshams Trust
£500
Barratt Developments PLC Charitable Foundation
£15,000
Frontline Network
£940
CCC Councillors Opportunities Fund
£250		 2024
£
218,907
257,813
476,720
2024
£
257,813		 2023
£
293,939
41,884
335,823
2023
£
41,884

continued...

Page 17

CATCHINGLIVES

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

3.
OTHER TRADING ACTIVITIES
Shop income
4.
INVESTMENT INCOME
Rents received
Interest on cash deposit
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Other income
Relief of Poverty
6.
RAISING FUNDS
Raising donations and legacies
Collection agency fees
Other trading activities
Bad debts
Fundraising costs
Aggregate amounts		 2024
£
54,859
2024
£
4,855
5,999
10,854
2024
£
19,461
2024
£
1,790
2024
£
-
1,770
1,770
3,560		 2023
£
53,128		 2023
£
53,128
2023
£
8,627
1,934
10,561
2023
£
19,185
2023
£
965
2023
£
150
4,395
4,545
5,510
4,545
5,510

continued...

Page 18

CATCHINGLIVES

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

7. CHARITABLE ACTIVITIES COSTS

Relief of Poverty
SUPPORT COSTS
Relief of Poverty		 Direct
Costs
£
474,214		 Support
costs (see
note 8)
Totals
£
£
15,055
489,269
Governance
costs
£
15,055

8. SUPPORT COSTS

9. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
£ £
Auditors' remuneration 3,974 3,552
Auditors' remuneration for non audit work 1,006 888
Depreciation - owned assets 7,012 5,664

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Trustees' expenses

Trustee reimbursements for travel, parking and mileage: £0.00 (2023: £0.00).

11. STAFF COSTS

Wages and salaries
Social security costs
The average monthly number of employees during the year was as follows:
Mental Health
Open Centre
Community Shelter
Outreach		 2024
£
302,281
18,464
320,745
2024
1
8
6
1
16		 2023
£
302,500
16,146
318,646
2023
2
12
7
1
22

No employees received emoluments in excess of £60,000.

continued...

Page 19

CATCHINGLIVES

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

12.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
325,823
Charitable activities
Relief of Poverty
19,185
Other trading activities
53,128
Investment income
10,561
Total
408,697
EXPENDITURE ON
Raising funds
5,510
Charitable activities
Relief of Poverty
396,952
Total
402,462
NET INCOME/(EXPENDITURE)
6,235
Transfers between funds
3,831
Net movement in funds
10,066
RECONCILIATION OF FUNDS
Total funds brought forward
347,004
TOTAL FUNDS CARRIED FORWARD
357,070		 Restricted
funds
£
10,000
-
-
-
10,000
-
45,690
45,690
(35,690)
(3,831)
(39,521)
159,447
119,926		 Total
funds
£
335,823
19,185
53,128
10,561
418,697
5,510
442,642
448,152
(29,455)
-
(29,455)
506,451
476,996

continued...

Page 20

CATCHINGLIVES

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

13. TANGIBLE FIXED ASSETS

COST
At 1 April 2023
Additions
At 31 March 2024
DEPRECIATION
At 1 April 2023
Charge for year
At 31 March 2024
NET BOOK VALUE
At 31 March 2024
At 31 March 2023		 Freehold
property
£
105,025
65,190
170,215
30,800
1,856
32,656
137,559
74,225		 Fixtures
and
fittings
£
98,796
5,064
103,860
93,245
5,156
98,401
5,459
5,551		 Totals
£
203,821
70,254
274,075
124,045
7,012
131,057
143,018
79,776

The current market value of the freehold land and buildings is believed to be in the region of £750,000. However, due to a restrictive user covenant in place, the charity would have to pay to the previous owner of the property 50% of any gain made over the original purchase price of £100,000. This covenant will expire on 31 May 2026.

Of the book value of the freehold asset held, £35,025 of this is attributable to the land element and is therefore not depreciated.

14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors
Other debtors
Prepayments		 2024
£
3,101
857
20,294
24,252		 2023
£
2,238
2,630
18,480
23,348

continued...

Page 21

CATCHINGLIVES

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

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Deferred income
Accrued expenses		 2024
£
5,411
605
7,446
13,462		 2023
£
7,549
98
7,111
14,758

16. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years
In more than five years		 2024
£
10,000
60,000
-
70,000		 2023
£
10,000
58,000
12,000
80,000

17. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted
funds
£
Fixed assets
143,018
Current assets
404,230
Current liabilities
(13,364)
533,884		 Restricted
funds
£
-
12,275
(98)
12,177		 2024
Total
funds
£
143,018
416,505
(13,462)
546,061		 2023
Total
funds
£
79,776
411,978
(14,758)
476,996

continued...

Page 22

CATCHINGLIVES

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

18. MOVEMENT IN FUNDS

Unrestricted funds
Operational fund
Building Improvements Fund
Building Fund
Restricted funds
Building Fund
JCP Flexible Support Fund
EU Mental Health Project
Canterbury City Council Outreach
Kent Community Foundation – Support
Worker
Kent Community Foundation – Arts &
Activities
National Lottery Awards for All – Catching
Lives Kitchen
National Lottery Community Fund - Winter
2023-2024
KCC Hope Community Art Fund
TOTAL FUNDS
Net movement in funds, included in the above are as
Unrestricted funds
Operational fund
Building Fund
Restricted funds
Canterbury City Council Outreach
Kent Community Foundation – Arts &
Activities
National Lottery Awards for All – Catching
Lives Kitchen
Philip & Connie Philips Foundation (Vol.
Co-ord Salary)
National Lottery Community Fund - Winter
2023-2024
KCC Hope Community Art Fund
TOTAL FUNDS		 At 1.4.23
£
257,070
100,000
-
357,070
74,225
2,504
9,717
20,256
7,724
3,258
2,242
-
-
119,926
476,996
follows:		 Net
movement
in funds
£
93,235
-
(1,400)
91,835
-
-
-
(20,256)
-
(65)
(2,405)
(46)
2
(22,770)
69,065
Incoming
resources
£
493,894
-
493,894
-
-
(1)
10,000
57,001
1,000
68,000
561,894		 Transfers
between
At
funds
31.3.24
£
£
84,036
434,341
(73,282)
26,718
74,225
72,825
84,979
533,884
(74,225)
-
-
2,504
-
9,717
-
-
(7,724)
-
(3,193)
-
163
-
-
(46)
-
2
(84,979)
12,177
-
546,061
Resources
Movement
expended
in funds
£
£
(400,659)
93,235
(1,400)
(1,400)
(402,059)
91,835
(20,256)
(20,256)
(65)
(65)
(2,404)
(2,405)
(10,000)
-
(57,047)
(46)
(998)
2
(90,770)
(22,770)
(492,829)
69,065

continued...

Page 23

CATCHINGLIVES

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

18. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement
At 1.4.22
in funds
£
£
Unrestricted funds
Operational fund
116,956
6,235
Building Improvements Fund
230,048
-
347,004
6,235
Restricted funds
Building Fund
75,675
(1,400)
JCP Flexible Support Fund
2,504
-
EU Mental Health Project
9,717
-
Canterbury City Council Outreach
54,653
(34,397)
Kent Community Foundation – Support
Worker
9,250
(1,526)
Kent Community Foundation – Arts &
Activities
3,639
(381)
Homeless Link Winter Transformation
Fund
4,009
(228)
National Lottery Awards for All – Catching
Lives Kitchen
-
2,242
159,447
(35,690)
TOTAL FUNDS
506,451
(29,455)
Comparative net movement in funds, included in the above are as follows:		 Transfers
between
funds
£
133,879
(130,048)
3,831
(50)
-
-
-
-
-
(3,781)
-
(3,831)
-		 At
31.3.23
£
257,070
100,000
357,070
74,225
2,504
9,717
20,256
7,724
3,258
-
2,242
119,926
476,996
Unrestricted funds
Operational fund
Restricted funds
Building Fund
Canterbury City Council Outreach
Kent Community Foundation – Support
Worker
Kent Community Foundation – Arts &
Activities
Homeless Link Winter Transformation
Fund
National Lottery Awards for All – Catching
Lives Kitchen
TOTAL FUNDS		 Incoming
resources
£
408,697
-
-
-
-
-
10,000
10,000
418,697		 Resources
Movement
expended
in funds
£
£
(402,462)
6,235
(1,400)
(1,400)
(34,397)
(34,397)
(1,526)
(1,526)
(381)
(381)
(228)
(228)
(7,758)
2,242
(45,690)
(35,690)
(448,152)
(29,455)

continued...

Page 24

CATCHINGLIVES

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

18. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
Operational fund
Building Improvements Fund
Building Fund
Restricted funds
Building Fund
JCP Flexible Support Fund
EU Mental Health Project
Canterbury City Council Outreach
Kent Community Foundation – Support
Worker
Kent Community Foundation – Arts &
Activities
Homeless Link Winter Transformation
Fund
National Lottery Awards for All – Catching
Lives Kitchen
National Lottery Community Fund - Winter
2023-2024
KCC Hope Community Art Fund
TOTAL FUNDS		 At 1.4.22
£
116,956
230,048
-
347,004
75,675
2,504
9,717
54,653
9,250
3,639
4,009
-
-
-
159,447
506,451		 Net
movement
in funds
£
99,470
-
(1,400)
98,070
(1,400)
-
-
(54,653)
(1,526)
(446)
(228)
(163)
(46)
2
(58,460)
39,610		 Transfers
between
funds
£
217,915
(203,330)
74,225
88,810
(74,275)
-
-
-
(7,724)
(3,193)
(3,781)
163
-
-
(88,810)
-		 At
31.3.24
£
434,341
26,718
72,825
533,884
-
2,504
9,717
-
-
-
-
-
(46)
2
12,177
546,061

Page 25

continued...

CATCHINGLIVES

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

18. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
Operational fund
Building Fund
Restricted funds
Building Fund
Canterbury City Council Outreach
Kent Community Foundation – Support
Worker
Kent Community Foundation – Arts &
Activities
Homeless Link Winter Transformation
Fund
National Lottery Awards for All – Catching
Lives Kitchen
Philip & Connie Philips Foundation (Vol.
Co-ord Salary)
National Lottery Community Fund - Winter
2023-2024
KCC Hope Community Art Fund
TOTAL FUNDS		 Incoming
resources
£
902,591
-
902,591
-
-
-
-
-
9,999
10,000
57,001
1,000
78,000
980,591		 Resources
Movement
expended
in funds
£
£
(803,121)
99,470
(1,400)
(1,400)
(804,521)
98,070
(1,400)
(1,400)
(54,653)
(54,653)
(1,526)
(1,526)
(446)
(446)
(228)
(228)
(10,162)
(163)
(10,000)
-
(57,047)
(46)
(998)
2
(136,460)
(58,460)
(940,981)
39,610

Unrestricted funds:

General Fund - The General Fund is expendable at the discretion of the trustees on furtherance of the objects of the charity.

Building Fund 2017 - a unrestricted fund was created to set aside funds to refurbish, and if necessary extend, the leasehold property (Palmer House, 13 Station Road East) in order to maintain its fabric and ensure the property is fit for purpose for clients, staff and volunteers.

Building Fund

The Building Fund was established in the year ended 31 March 2002 and reflects the net book value of the freehold property known as Palmer House. The property is held in this fund.

Restricted funds:

JCP Flexible Support Fund

This represents the balance of funds from a 2014-15 project with JobCentre Plus to improve employment outcomes or prospects of future employment outcomes for long-term unemployed individuals and groups facing the most complex and intractable barriers to work. The Charity is seeking advice from the funding body as to the deployment of the remaining funds.

EU Mental Health Project

Page 26

continued...

CATCHINGLIVES

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

18. MOVEMENT IN FUNDS - continued

This represents the balance of funds from a 2014-16 transnational partnership project involving partners in the UK, France, Spain and Italy, funded by Erasmus+ to raise standards of literacy for people experiencing disadvantage including homelessness. The Charity is seeking advice from the funding body as to the deployment of the remaining funds.

Canterbury City Council Outreach

This represents funding to enable and focus work on the growing number of people sleeping rough.

Kent Community Foundation - Support Worker

This is the balance of a grant of £9,250 that was to be used as a contribution to the salary of a Support Worker from April-July 2022.These funds have now been utilised in full and the fund has ceased.

Kent Community Foundation - Arts & Activities

This is the balance of a grant of £3,975 under KCF's Vulnerable Adults Themed Programme towards the salary of the Arts & Activities Coordinator and associated costs of materials used in providing regular arts and crafts activities/workshops at the Open Centre, including sessions with guest artists and client-led exhibitions.These funds have now been utilised in full and the fund has ceased.

Homeless Link Winter Transformation Fund

This is the balance of a grant of £4,009 towards project work that supports people experiencing homelessness during the winter months.

National Lottery Awards for All - Catching Lives Kitchen

This represents a £10,000 grant to support the running of the Catching Lives kitchen (£6,000 towards food and £4,000 towards utilities costs).

The National Lottery Community Fund - Community Organisations Cost of Living Fund

A £57,000 grant for spend between January and March 2024 to deliver the 'Homelessness Support in Winter' project, which included delivery of day and evening drop-in services at the Day Centre for three months between 9am and 8pm, including an evening meal.

Kent County Council - Hope Community Art Fund (Kent and Medway Suicide Prevention Programme) A £1000 grant for Break the Fear - Nervous Painting and Drawing, a series of workshops led by artists Alex Boican to encourage creativity, imagination, and collaboration, with a positive impact on mental health and well-being. Participants gained a Creativity Level 1 Badge from Badge Nation, and their work was shown at Turner Contemporary and other venues across Kent as part of the Hope Community Art exhibition.

Philip & Connie Philips Foundation

A £10,000 grant towards the salary of our Volunteer Coordinator, who works 25 hours per week recruiting, coordinating and supervising volunteers. This is a crucial role as Catching Lives' kitchen and bookshop are entirely volunteer-run, as are many of our activities.

continued...

Page 27

CATCHINGLIVES

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

19. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

Page 28

CATCHINGLIVES

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Other trading activities
Shop income
Investment income
Rents received
Interest on cash deposit
Charitable activities
Other income
Total incoming resources
EXPENDITURE
Raising donations and legacies
Collection agency fees
Other trading activities
Bad debts
Fundraising costs
Charitable activities
Wages
Social security
Rates and water
Rent costs
Administration costs
Coordinator and consultancy fees
Repairs, furniture & equipment
Communication costs
Feasibility Study costs
Freehold property
Fixtures and fittings
Support costs		 2024
£
218,907
257,813
476,720
54,859
4,855
5,999
10,854
19,461
561,894
1,790
-
1,770
1,770
302,281
18,464
4,268
18,050
86,119
400
14,220
11,400
12,000
1,856
5,156
474,214		 2023
£
293,939
41,884
335,823
53,128
8,627
1,934
10,561
19,185
418,697
965
150
4,395
4,545
302,500
16,146
3,074
18,000
77,588
1,215
9,473
-
-
1,400
4,264
433,660

This page does not form part of the statutory financial statements

Page 29

CATCHINGLIVES

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

Support costs
Governance costs
Auditors' remuneration
Auditors' remuneration for non audit work
Legal and professional costs
Total resources expended
Net income/(expenditure)		 2024
£
3,974
1,006
10,075
15,055
492,829
69,065		 2023
£
3,552
888
4,542
8,982
448,152
(29,455)

This page does not form part of the statutory financial statements

Page 30