OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-03-31-accounts

Registered number: 02802742 Charity number: 1020095

HEBRON TRUST

(A Company Limited by Guarantee)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

HEBRON TRUST

(A Company Limited by Guarantee)

CONTENTS

Page
Reference and Administrative Details of the Charity, its Trustees and Advisers 1
Independent Examiner's Report 12
Statement of Financial Activities 13
Balance Sheet 14 - 15
Notes to the Financial Statements 16 - 28
The following pages do not form part of the statutory financial statements:
Trustees report 3 - 16

(A Company Limited by Guarantee)

HEBRON TRUST

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024

Trustees

Nikolas Vladimir Vitkovitch, Chairperson Stephen Charles Whitby, Treasurer (resigned 8 July 2024) Gillian Margaret Hulme (appointed 17 December 2023) Alison Vinall Nigel Mark Chapman (resigned 18 June 2024) Kerry Anne Brighouse (resigned 26 May 2023) Ese Busayo (appointed 21 May 2024)

Company registered number

02802742

Charity registered number

1020095

Registered office

Hebron House, 10 Stanley Avenue, Thorpe Hamlet, Norwich, Norfolk, NR7 0BE

Management

Emma Pawsey, CEO Sara Garrard, Manager Jackie Pittuck, Finance Officer

Accountants

MA Partners LLP, 7 The Close, Norwich, Norfolk, NR1 4DJ

Bankers

Natwest Bank PLC, 45-51 London Street, Norwich, Norfolk, NR2 1HX

Lloyds TSB Bank PLC, 16 Gentlemen's Walk, Norwich, Norfolk, NR2 1LZ

Solicitors

Howes Percival, The Guildyard, 51 Colegate, Norwich, Norfolk, NR3 1DD

Medical Adviser

Dr R P Hampshire, Thorpewood Surgery, Woodside Road, Norwich, Norfolk, NR7 9QL

Page 1

HEBRON TRUST

(A Company Limited by Guarantee)

On 31 March 2024 Hebron Trust celebrated one year of Hebron Housing with four properties in the portfolio providing homes for fifteen women who would otherwise have struggled to find accommodation.

The Hebron Grads programme continued, using WhatsApp and occasionally meeting face to face. This has helped cement their recovery.

Page 2

HEBRON TRUST

(A Company Limited by Guarantee)

Trustees’ Report Contents

Part 1 – What we’ve done

Part 2 – Structure, Governance and Management

Page 3

(A Company Limited by Guarantee)

HEBRON TRUST

The Board presents its report and financial statements. Part 1 covers what we’ve achieved in the context of the need. Part 2 explains how the Trustees approach governance. As ever, please provide any feedback and raise any questions with info@hebrontrust.org.uk.

Part 1 – What we’ve done

1 Our Vision

A Christian charity sustainably delivering first class and effective services for vulnerable women through long-term relationships and countless acts of kindness.

Through Hebron Housing, we support women on their path towards independent living with high standard accommodation and individual care and nurture.

2 Strategy and Objectives

The Trustees have referred to the Charity Commission’s general guidance on public benefit when reviewing strategy and objectives and planning future activities. Such reviews take place at a biennial strategy away day and at each Trustees’ meeting.

The Trust’s main objective and principal activities are to provide resources for people suffering hardship and distress by supporting them with superior quality accommodation and the tools and services they need to become fully independent and move on to become reliable tenants or homeowners. Our history as a residential rehab provider means we have a particular concern for women recovering from addiction and compulsion in respect of drugs or alcohol, and Hebron Housing operates some of its the residential accommodation with a focus on women in recovery.

The main activities for 2023/4 were:

The Trust’s capital is invested in the properties used to provide supported housing.

Other houses are owned by philanthropic partners and managed by the Trust to provide supported housing; typically, partner agrees with the Trust the current housing requirement (say three or four bedrooms, upstairs and downstairs toilets, safe and easily maintained gardens and fencing), buys the property, and brings it to a usable condition. The house is then leased to the Trust, and for the next five years we furnish it and liaise with referrers to fill the house with suitable tenants, and we pay a fixed monthly charge to the partner. We look after all the utility bills and all relationships with the tenants. We support each tenant with a 1:1 relationship and over a tenancy of two years help each woman be ready for independent living. We call this arrangement a “philanthropy partnership.” At the end of five years, the arrangement can be renewed or the philanthropist can use the property for other purposes or sell it.

The supported housing element of housing benefit, together with the rent each tenant pays, funds the revenue expenditure of the Trust.

Page 4

(A Company Limited by Guarantee)

HEBRON TRUST

Our objectives for the period to 2028 are to:

Our service remains available only to women aged 18 and over irrespective of race, religion, faith and sexual orientation. Our buildings impose constraints on our ability to accommodate some kinds of disability, and we operate only in the English language.

3 Achievements and Performance

The Trust provided supported housing for vulnerable women, delivered under the Hebron Housing brand. The number of women helped was 27 (2023: 4).

The Trust continued to support Hebron Grads, women who had been service users of Hebron House residential rehab.

Key Performance Indicators

formance Indicators
2024 FY 2023 FY
Contract income (all services) £k 114 314
Number of support sessions held on Zoom etc Closed in
March 24		 48
Women participating in WhatsApp support
group		 24 30
Capacity for women in supported housing at
31 March		 15 3

The Hebron team

None of this would be possible without the employed team and the volunteers.

The Trustees gratefully acknowledge the contribution of everyone involved in the work the Trust does. We are encouraged and inspired by the way everyone goes beyond the normal to help our residents.

Early in 2021, the Trustees committed to paying everyone who works for Hebron Trust at least the Living Wage Foundation’s “Real Living Wage”. Although we have not sought accreditation, the Trustees remain committed to paying all employees at least the RLW.

The team at 1 April 2024 comprises five people, providing 4.6 FTE.

4 Bursary Scheme

The Trust developed a Bursary Scheme to assist those who need the services Hebron Trust offers and who have difficulty securing the necessary funding. The Trustees and Staff Team worked together to develop the rules of the Scheme and are grateful to all who contribute to fund the scheme. At the end of our residential rehab provision, this fund stood at £79,740 (2023: £79,365). The challenge now is to identify how best to use this fund in our new context.

Page 5

HEBRON TRUST

(A Company Limited by Guarantee)

5 How our work delivers public benefit – and how we ensure it delivers our aims.

The fundamental benefit to the public arises through each tenant’s progression out of supported housing, as shown in Table 1.

Table 1: How Hebron Trust delivers public benefit

Public Benefit
delivered		 How delivered How measured? Public benefit arising
Reducing
‘chaotic
lifestyle’ typical of
addiction		 All tenants are part of
our
Support
Programme.
This
develops
decision
making
skills
and
reinforces
home
keeping
and
relationship-sustaining
skills		 ·Case worker RAG for
each tenant
·Individual Programme
progress
·Individual’s
contribution to running
of their home		 ·Reduction in costs and
impact of broken/chaotic
homes as women become
independent,
owning
their personal futures
Tenants becoming
independent
and
active
participants
in society		 We help find long-term
housing
and
employment
We continue to “be
there”
to
support
former Hebron Trust
rehab
service
users
irrespective of where
they settle		 ·Number of tenants
·Number of tenants in
education,
volunteering or in paid
employment		 As above plus:
·Economic contribution as
women
return
to
workforce and housing
market

Case study 1

NR is a recovering alcoholic, suffers from severe anxiety, and has had many complex life changes, losing support of her children, being a victim of DA, no fixed abode, and periods of feeling very dark all of which is potential for relapse.

The referring agency thought that NR would benefit from a contained period of mentoring and supporting NR to move toward resolutions and conflicts with ex-partner and safe access to seeing her children in a safe and measured way which would come with a placement and support of Hebron Housing.

NR says that since being at Elm House, she feels more relaxed, safe, and content and has mentioned that her manic episodes that she previously experienced appear less often. She has been with us for 3 months now and we have already noticed a considerable change in her. She has plunged herself into the Norwich fellowship of AA working the twelve steps, has a service position and has just recently started volunteering on the AA helplines which she is loving. She has also attended inhouse recovery workshops such as Core Beliefs.

Page 6

(A Company Limited by Guarantee)

HEBRON TRUST

Case study 2

Public
Benefit
delivered		 How delivered How measured? Public benefit arising
Executing the skills
and techniques to
support long term
abstinence		 Rehab
Programmes
develop
skills
and
techniques.
Our
support helps tenants
execute their learning.
We
encourage
participation in groups
including AA and NA
where appropriate
We
support
former
Hebron
Trust
rehab
service
users
with
Hebron Grads meetings		 ·Number
attending
support groups where
appropriate
·Case worker RAG for
each tenant		 As above plus:
·Reduction in costs of
addiction support
·Reduction in petty crime
to support addiction
Providing access to
housing for women
who might struggle
to
find
other
housing		 Our housing is available
to all women in receipt
of housing benefit who
meet
our
safety
requirements.		 ·Number and diversity
of referring agencies		 Crisis
UK
reported
homelessness
for
12
months costs £20k per
person. These are 2016
prices
Women without a home are
significantly
more
vulnerable.

E, a woman in her 40s, arrived at Hebron House in September 2023, seeking support following recent suicide attempts and severe anxiety triggered by the loss of her mother. Once a woman with a stable career and a fulfilling marriage, E's life took a downward turn as her mental health deteriorated, leaving her with overwhelming despair and isolation.

E was welcomed into Magnolia House with open arms. Initially overwhelmed by nervousness and uncertainty, E's transition into her new living environment was met with apprehension. However, the nurturing atmosphere and the compassionate support of the Hebron team soon began to make a positive impact.

Through regular one to one sessions with her key worker and goal-setting exercises, Hebron empowered E to rediscover her passions and reconnect with her support network. Embracing new opportunities, E began to thrive, exceeding her own expectations.

With each passing week, E's transformation became increasingly evident. She rekindled relationships with family and friends, and became a more confident person.

Page 7

(A Company Limited by Guarantee)

HEBRON TRUST

6 Volunteers

We continue to benefit from the excellent support of committed volunteers in a wide variety of roles including administration, support to tenants, and as members of the Board.

We continued to enjoy the results of David’s skill and commitment. He’s our volunteer gardener. David was poorly in the spring and summer of 2024, we give thanks for his recovery.

The average number of volunteers, including the Board, is 6. The Trustees thank each volunteer for their contribution.

7 Financial Review

One of the main reasons the Trustees closed the residential rehab business was its financial unsustainability, and 2023/24 was the transition year.

Although most of the costs of closure were reported last year, this year there was significant spend on rebranding and bringing the properties to the high standard we have set ourselves. This is reflected in the details of the balance sheet, where the Trust now owns properties in Silver Road and Copenhagen Way (both in Norwich) in addition to 10 Stanley Avenue. It was not until late summer 2023 that these two properties and the remodelled flat at 10 Stanley Avenue were ready for use.

The Trustees were encouraged when the March 2024 Management Accounts showed the business in surplus for two consecutive months.

Going concern

The Trustees reviewed the financial position and plans for 2024/25 FY as part of their normal Board process. The charity has a strong balance sheet represented by property and substantial Restricted and General reserves. They remain satisfied that Hebron Trust is a financially viable organisation, with no material uncertainties to its going concern position, and that the Trust can continue to operate for at least 12 months from the date of signing these accounts.

Reserves Policy

The Trust’s cash position was sound throughout the year.

The Board aims to hold a minimum free reserves level of 3 months’ direct charitable expenditure.

The Trust secured a number of grants and enjoyed the kindness of several significant donors.

The Trustees opened an interest-bearing instant access account with CCLA Investment Management Limited and during 2024/25 will transfer funds from Natwest to CCLA.

At the end of March 2024 our free reserves were over 5 months’ direct charitable expenditure.

Expenditure = £288k / 12 = £24k per month

Free reserves = £120k

Months = £120k / £24k = 5

Page 8

(A Company Limited by Guarantee)

HEBRON TRUST

Part 2 Structure, Governance and Management

8 Governing Document

Hebron Trust is a charitable company limited by guarantee, registered as a charity and incorporated in 1993, primarily to provide care and treatment to people who have life threatening drug or alcohol dependency. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

9 Recruitment and Appointment of Board of Management

The directors of the company are also charity trustees for the purposes of charity law and under the company’s Articles are known as members of the Board of Management. Under the requirements of the Memorandum and Articles of Association, at the Annual General Meeting, one third of the members of the Board who have been longest in office since their last election shall retire from office. Retiring members are eligible for re-election.

Every two years, the Board carries out a strategic review and planning exercise, which includes an audit of the skills mix of the Board. This knowledge/skills matrix has been used to inform our Trustee recruitment and maintain an appropriate spectrum of Trustee skills and specialist expertise.

Hebron Trust is founded upon and operates from a Christian ethos. All the trustees are Christians who come from a variety of backgrounds and church traditions and see their involvement as a practical expression of their faith. The Trust does not promote or represent any one church or denomination and works with people irrespective of their backgrounds or beliefs.

10 Trustee Identification, Induction and Training

The Board is always open to further recruitment to broaden its skills and diversity. The Board is conscious of the risk of Trustee staleness and of the value of fresh thinking. The Trust’s governing documents set no limit on the number of Trustees.

The Board and the Chief Executive identify potential new recruits, who are approached personally. The candidate learns more about the work of the Trust through an initial discussion, usually with a Trustee or the Chief Executive, and a tour of Hebron House.

Prospective Trustees are provided with a pack of the following documents:

Candidates are invited to attend Board meetings to meet the other Trustees and help familiarise themselves more with the work and culture of the Trust as the basis for an informed decision.

Each Trustee signs documents confirming their understanding of their responsibilities and their

agreement to abide by the Code of Conduct.

Trustees are encouraged to attend local Trustee training provided by Voluntary Norfolk and other organisations.

Page 9

(A Company Limited by Guarantee)

HEBRON TRUST

11 Payment to Trustees

The Trustees received no payment of any sort during the year.

Payments made to Trustees 2024 FY 2023 FY 2022 FY
Expenses £0 £0 £0
Other payments £0 £0 £0

12 Management

The Trustees met eight times as the Management Committee, with the senior managers joining the discussion, and three as a Trustee-only gathering.

Emma Pawsey is CEO of Hebron Trust and of Hebron Housing.. Emma leads the staff team, and has regular 1:1 meetings with the Chair. She, our Housing Manager Sara, and our Finance Officer Jackie attend Management Committee meetings.

13 Risk Management

Every Management Committee opens with a report on Health and Safety incidents, Safeguarding, and Complaints and/or Compliments.

The major risks to which the charity is exposed, as identified by the trustees, are reviewed at each Board meeting. Systems and processes, with appropriate review intervals, are in place to manage those risks. The Board maintains a risk register; this is reviewed and updated at each Management Committee meeting in an annual rolling programme.

Internal control risks are minimised by the implementation of procedures for authorisation of financial transactions. Procedures are in place to ensure compliance with health and safety of staff and volunteers.

14 Related Parties

In so far as it is complementary to the charity’s objects, the charity is guided by both national and local policy.

We enjoy a philanthropy partnership with Norwich Charitable Trusts, who have leased us a property for supported housing since 1 September 2022.

15 Responsibilities of the Board of Management

Company Law requires the Board of Management to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those statements, the Board of Management should follow best practice and:

The Board of Management is responsible for maintaining proper accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to

Page 10

HEBRON TRUST

(A Company Limited by Guarantee)

ensure that the financial statements comply with the Companies Act 2006. The Board of Management is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Members of the Board of Management

Members of the Board of Management, who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 1.

In accordance with company law, as the company’s directors, we certify that:

16 Independent Examiners

This report has been prepared in accordance with 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 2015) and in accordance with the small companies’ regime within part 15 of the Companies Act 2006.

17 Approval

Approved by the Board of Management on 5 November 2024 and signed on its behalf by:

----- Start of picture text -----
Nikolas Vitkovitch, Chairman NikolasNVitkovitch,\ VitlanChairman ne
----- End of picture text -----

Page 11

HEBRON TRUST

(A Company Limited by Guarantee)

Independent Examiner's Report to the Trustees of Hebron Trust ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2024.

Responsibilities and Basis of Report

As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed: Dated: 06 November 2024 Alice Lynch BSc FCA DChA

MA Partners LLP

7 The Close Norwich Norfolk NR1 4DJ

Page 12

HEBRON TRUST

(A Company Limited by Guarantee)

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

Note
Income from:
Donations, legacies and grants
3
Charitable activities
4
Total income
Expenditure on:
Raising funds
5
Charitable activities
6
Total expenditure
Net movement in funds before other
recognised gains/(losses)
Other recognised gains/(losses):
(Losses)/gains on revaluation of fixed
assets
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Restricted
funds
2024
£
56,589
-
56,589
-
38,825
38,825
17,764
-
17,764
101,223
17,764
118,987		 Unrestricted
funds
2024
£
60,491
128,515
189,006
24,800
248,772
273,572
(84,566)
(61,278)
(145,844)
1,505,919
(145,844)
1,360,075		 Total
funds
2024
£
117,080
128,515
245,595
24,800
287,597
312,397
(66,802)
(61,278)
(128,080)
1,607,142
(128,080)
1,479,062		 Total
funds
2023
£
144,013
316,002
460,015
33,389
468,981
502,370
(42,355)
609,623
567,268
1,039,874
567,268
1,607,142

The notes on pages 16 to 28 form part of these financial statements.

Page 13

HEBRON TRUST (A Company Limited by Guarantee) REGISTERED NUMBER: 02802742

BALANCE SHEET AS AT 31 MARCH 2024

Note
Fixed assets
Tangible assets
10
Current assets
Debtors
11
Cash at bank and in hand
Creditors: amounts falling due within one
year
12
Net current assets
Total assets less current liabilities
Total net assets
Charity funds
Restricted funds
13
Unrestricted funds
13
Total funds		 5,102
259,590
264,692
(19,690)		 2024
£
1,234,060
1,234,060
245,002
1,479,062
1,479,062
118,987
1,360,075
1,479,062		 41,788
168,021
209,809
(15,977)		 2023
£
1,413,310
1,413,310
193,832
1,607,142
1,607,142
101,223
1,505,919
1,607,142

Page 14

HEBRON TRUST

(A Company Limited by Guarantee) REGISTERED NUMBER: 02802742

BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2024

The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.

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

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

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

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Nikolas Vladimir Vitkovitch

Trustee

Date: 5 November 2024

The notes on pages 16 to 28 form part of these financial statements.

Page 15

(A Company Limited by Guarantee)

HEBRON TRUST

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

1. General information

The company is a company limited by guarantee registered in England and Wales. The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the gurantee is limited to £1 per member of the company. The address of the registered office is Hebron House, 10 Stanley Avenue, Thorpe Hamlet, Norwich, NR7 0BE.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Hebron Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

The Trustees have a reasonable expectation that the Trust has adequate resources to continue in operational existence for the foreseeable future. For this reason, the Trustees continue to adopt the going concern basis in preparing the financial statements.

2.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

2.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

Page 16

(A Company Limited by Guarantee)

HEBRON TRUST

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

2. Accounting policies (continued)

2.5 Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the revaluation model, tangible fixed assets whose fair value can be measured reliably shall be carried at a revalued amount, being their fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Revaluations are made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting date.

Fair values are determined from market-based evidence by appraisal that is normally undertaken by professionally qualified valuers. If there is no market-based evidence of fair value because of the specialised nature of the tangible fixed asset and it is rarely sold, except as part of a contributing business, a Charity may need to estimate fair value using an income or depreciated replacement cost approach.

Gains and losses on revaluation are recognised in the Statement of Financial Activities, with a separate revaluation reserve being shown in the Statement of funds note.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings - 25%

Freehold property is not depreciated.

2.6 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.7 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.8 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Page 17

(A Company Limited by Guarantee)

HEBRON TRUST

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

2. Accounting policies (continued)

2.9 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

2.10 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

2.11 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

3. Income from donations and legacies

Donations
Grants
Total 2024
Total 2023		 Restricted
funds
2024
Unrestricted
funds
2024
£
£
-
24,991
56,589
35,500
56,589
60,491
49,618
94,395		 Total
funds
2024
£
24,991
92,089
117,080
144,013		 Total
funds
2023
£
53,545
90,468
144,013

Page 18

HEBRON TRUST

(A Company Limited by Guarantee)

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

4. Income from charitable activities

Unrestricted
funds
2024
£
Contract income
114,230
Miscellaneous income
14,285
Total 2024
128,515		 Total
funds
2024
£
114,230
14,285
128,515		 Total
funds
2023
£
314,222
1,780
316,002

5. Expenditure on raising funds

Fundraising trading expenses

Unrestricted
funds
2024
£
Consultancy & Advertising
24,800
Fundraising trading expenses - wages and salaries
-
Total 2024
24,800		 Total
funds
2024
£
24,800
-
24,800		 Total
funds
2023
£
13,640
19,749
33,389

Page 19

HEBRON TRUST

(A Company Limited by Guarantee)

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

6. Analysis of expenditure by activities

Residential, rehabilitation and resettlement
Total 2023		 Activities
undertaken
directly
2024
£
249,044
427,384		 Support
costs
2024
£
38,553
41,597		 Total
funds
2024
£
287,597
468,981		 Total
funds
2023
£
468,981

Analysis of direct costs

Staff costs
Housekeeping
Insurance
Light and heat
Professional fees
Rent and rates
Resident costs
Subscriptions
Sundry costs
Training
Travel
Depreciation
Equipment and repairs
Water Charges		 Total
funds
2024
£
156,298
2,626
8,778
10,488
5,763
12,000
-
1,363
1,509
2,926
2,116
2,827
41,170
1,180
249,044		 Total
funds
2023
£
299,274
19,862
18,974
7,293
6,197
16,513
3,481
62
5,048
23,664
6,479
2,492
18,045
-
427,384

Page 20

(A Company Limited by Guarantee)

HEBRON TRUST

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

6. Analysis of expenditure by activities (continued)

Analysis of support costs

Staff costs
Bank charges
Telephone and computer costs
Office costs
Loss on disposal of fixed asset
Governance costs		 Total
funds
2024
£
-
221
10,567
3,250
22,535
1,980
38,553		 Total
funds
2023
£
31,402
480
4,883
1,299
-
3,533
41,597

7. Independent examiner's remuneration

The independent examiner's remuneration amounts to an independent examiner fee of £1,830 ( 2023 - £1,680 ).

8. Staff costs

Wages and salaries
Contribution to defined contribution pension schemes		 2024
£
148,809
7,489
156,298		 2023
£
337,988
12,437
350,425

During the year the charity made redundancy payments of £2,572 ( 2023: £17,207) .

The average number of persons employed by the Charity during the year was as follows:

2024 2023
Charitable activities 5 15

Page 21

(A Company Limited by Guarantee)

HEBRON TRUST

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

8. Staff costs (continued)

No employee received remuneration amounting to more than £60,000 in either year.

Total remuneration for key management personnel during the year, including employer's national insurance contributions and employer's pension contributions totalled £51,237 ( 2023: £ 46,994).

9. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL) .

During the year ended 31 March 2024, no Trustee expenses have been incurred (2023 - £NIL) .

10. Tangible fixed assets

Cost or valuation
At 1 April 2023
Additions
Disposals
Revaluations
At 31 March 2024
Depreciation
At 1 April 2023
Charge for the year
On disposals
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023		 Freehold
property
£
1,410,000
634,814
(757,536)
(61,278)
1,226,000
-
-
-
-
1,226,000
1,410,000		 Fixtures and
fittings
£
36,811
7,578
(296)
-
44,093
33,501
2,828
(296)
36,033
8,060
3,310		 Total
£
1,446,811
642,392
(757,832)
(61,278)
1,270,093
33,501
2,828
(296)
36,033
1,234,060
1,413,310

Page 22

(A Company Limited by Guarantee)

HEBRON TRUST

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

11. Debtors

Due within one year
Trade debtors
Other debtors
Prepayments and accrued income		 2024
£
1,650
-
3,452
5,102		 2023
£
31,450
1,246
9,092
41,788

12. Creditors: Amounts falling due within one year

Trade creditors
Other creditors
Accruals and deferred income		 2024
£
-
-
19,690
19,690		 2023
£
3,513
43
12,421
15,977

Page 23

HEBRON TRUST

(A Company Limited by Guarantee)

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

13. Statement of funds

Statement of funds - current year

Unrestricted funds
Designated funds
Chapel House
Dilapidations Fund
General funds
Other unrestricted
funds
Revaluation reserve
Total Unrestricted
funds
Restricted funds
Bursary
Cellar Upgrade
Church House
Improving Women's
Social and Community
Inclusion
Staff Kitchen
Vision 23 Project
Provision of equipment
Total of funds		 Balance at 1
April 2023
£
1,975
374,965
1,128,979
1,503,944
1,505,919
79,365
10,033
1,825
10,000
-
-
-
101,223
1,607,142		 Balance at 1
April 2023
£
1,975
374,965
1,128,979
1,503,944
1,505,919
79,365
10,033
1,825
10,000
-
-
-
101,223
1,607,142		 Income
£

-
189,006
-
189,006
189,006
375
-
-
-
15,000
39,214
2,000
56,589
245,595		 Expenditure
£
-
(273,572)
-
(273,572)
(273,572)
-
-
(1,825)
(10,000)
(15,000)
(10,000)
(2,000)
(38,825)
(312,397)		 Transfers
in/out
£
4,200
(4,200)
-
(4,200)
-
-
-
-
-
-
-
-
-
-		 Gains/
(Losses)
£
-
-
(61,278)
(61,278)
(61,278)
-
-
-
-
-
-
-
-
(61,278)		 Balance at
31 March
2024
£
6,175
286,199
1,067,701
1,353,900
1,360,075
79,740
10,033
-
-
-
29,214
-
118,987
1,479,062
1,607,142

Page 24

(A Company Limited by Guarantee)

HEBRON TRUST

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

13. Statement of funds (continued)

Statement of funds - prior year

Unrestricted
funds
Designated
funds
Chapel House
Dilapidations
General funds
Other
unrestricted
funds
Revaluation
reserve
Total
Unrestricted
funds
Restricted
funds
Bursary
Resettlement
Cellar Upgrade
Church House
Social and
Community
Inclusion
Total of funds		 Balance at
1 April 2022
£
1,050
339,610
519,356
858,966
860,016
80,772
18,676
70,410
-
10,000
179,858
1,039,874		 Income
£
-
410,397
-
410,397
410,397
18,000
21,218
-
10,400
-
49,618
460,015		 Expenditure
£
-
(443,901)
-
(443,901)
(443,901)
-
(39,894)
(10,000)
(8,575)
-
(58,469)
(502,370)		 Transfers
in/out
£
925
68,859
-
68,859
69,784
(19,407)
-
(50,377)
-
-
(69,784)
-		 Gains/
(Losses)
£
-
-
609,623
609,623
609,623
-
-
-
-
-
-
609,623		 Balance at
31 March
2023
£
1,975
374,965
1,128,979
1,503,944
1,505,919
79,365
-
10,033
1,825
10,000
101,223
1,607,142

Page 25

(A Company Limited by Guarantee)

HEBRON TRUST

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

13. Statement of funds (continued)

Bursary - allows us to admit worthy cases for rehabilitation to any house operated by Hebron Trust when they were unable to get local authority placements or private funding elsewhere.

Resettlement workers - work specifically with the women who have completed their stay at Hebron House and are now back "in the community". Help given will include finding accommodation, sorting out rent, debt, bills and other monetary problems, offering support, finding work etc.

Cellar Upgrade - funding received specifically for the upgrade of the cellar at Hebron House. Transfers out of the fund to unrestricted funds are in respect of fixed asset additions for which the ongoing use within the charity is unrestricted.

Church House - provided to fund a year's rent on our rented property which is used as a home in our community for women who have faced challenges in their life.

Improving Women's Social and Community Inclusion - allows us to provide housing and support to women who are overcoming problems in their life and starting to make a meaningful contribution to their local community.

Staff Kitchen - funding received for the express purpose of improving the charity's premises for the benefit of the staff.

Vision 23 Project - this project was established to transition from being a charity focused on residential rehab with a modest supported housing provision to a charity focused on supported housing that continues to support former service users.

Provision of Equipment - funding received for the purchase of furniture and equipment for the new accommodation opened during the year for the benefit of service users.

Page 26

(A Company Limited by Guarantee)

HEBRON TRUST

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

14. Summary of funds

Summary of funds - current year

Designated
funds
General funds
Restricted funds		 Balance at 1
April 2023
£
1,975
1,503,944
101,223
1,607,142		 Income
£
-
189,006
56,589
245,595
Income
£
-
410,397
49,618
460,015		 Expenditure
£
-
(273,572)
(38,825)
(312,397)
Expenditure
£
-
(443,901)
(58,469)
(502,370)		 Transfers
in/out
£
4,200
(4,200)
-
-
Transfers
in/out
£
925
68,859
(69,784)
-		 Gains/
(Losses)
£
-
(61,278)
-
(61,278)
Gains/
(Losses)
£
-
609,623
-
609,623		 Balance at
31 March
2024
£
6,175
1,353,900
118,987
1,479,062
Balance at
31 March
2023
£
1,975
1,503,944
101,223
Summary of funds - prior year
Designated
funds
General funds
Restricted funds		 Balance at
1 April 2022
£
1,050
858,966
179,858
1,039,874
1,607,142

15. Analysis of net assets between funds

Analysis of net assets between funds - current period

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Restricted
funds
2024
Unrestricted
funds
2024
£
£
-
1,234,060
118,987
145,705
-
(19,690)
118,987
1,360,075		 Total
funds
2024
£
1,234,060
264,692
(19,690)
1,479,062

Page 27

(A Company Limited by Guarantee)

HEBRON TRUST

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

15. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior period

Tangible fixed assets
Current assets
Creditors due within one year
Total		 Restricted
funds
2023
£
-
101,223
-
101,223		 Unrestricted
funds
2023
£
1,413,310
108,586
(15,977)
1,505,919		 Total
funds
2023
£
1,413,310
209,809
(15,977)
1,607,142

16. Pension commitments

The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund.

The pension cost charge represents contributions payable by the charity to the fund and amounted to £7,489 ( 2023: £12, 437).

No contributions were payable to the fund at the balance sheet date or at the prior year balance sheet date.

17. Related party transactions

During the year donations made to the charity by Trustees and their close family members totalled £2,136 ( 2023: £ 2,802).

Page 28