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|||||PAGES|
|---|---|---|---|---|
|Reference and Administrative|||Details ofthe Charity, - -----||
|its Trustees and Advisors|||||
|Trustees
Report —.||||4-19|
|Independent
Auditors|I|Report||-----20-22|
|Statement ofFinancial||Activities||-23|
|Balance Sheet||||———-24|
|Statement ofCash Flows||||-26-26|
|Notes tothe Financial||Statements-||-- -27-39|
|Trustees|||||Ian Mintram|(Chair)|
|---|---|---|---|---|---|---|
||||||Richenda
Kullar (Company Secretary)||
||||||Duncan Anderson||
||||||Timothy Cooper||
||||||Moira James||
||||||BillJones||
||||||Jane Lodge||
||||||Alwen Lyons||
||||||Martin Quinn||
||||||David Standing||
|Company|Registered|||number|2708334||
|Charity Registered|||number||1027832||
|Registered||office|||Worthing Town Hall||
||||||Chapel Road||
||||||Worthing||
||||||West Sussex|BN11 1HA|
|Company|Secretary||||Richenda
Kullar||
|Chief Executive|||||John Holmstrom||
|Independent||Auditors|||Sheen Stickland||
||||||Chartered Accountants||
||||||7 East Pallant||
||||||Chich ester||
||||||West Sussex|PO191TR|
|Bankers|||||HSBC||
||||||Goring Road||
||||||Worthing||
||||||West Sussex|BN124AW|
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||2020-2021|2021-
2022|2022-
2023|%Increase or
Decrease (21/22
-22/23)|
|---|---|---|---|---|
|Pathways
out ofhomelessness:|||||
|Total clients supported|841|883|938|+6%|
|Total new clients supported|459|351|372|+6%|
|Average
length of rough sleeping of new
clients (in weeks)|5.8||4.5|32%|
|Number of people rough sleeping at end
of Q4 (restated)|16|28|34|+21%|
|Number of new clients taking up high
support
residencies
with Turning Tides|118|125|177|42%|
|Average
length of stay in high support
projects (in weeks)|29.3|25.5|25.6|0%|
|Total high support
move-ons|107|133|147|+11%|
|%planned
high support
departures|66%|62%|62%|0|
|Safeguarding
alerts|22|20||-65%|
|Accommodation:|||||
|Total high support
units of
accommodation
(restated)|91|92|100|+9%|
|Total medium
and low support
units of
accommodation
(restated)|110|115||-1%|
|%Occupancy
high support
accommodation
(restated)|94.8%|94.4%|89.9%|-5%|
|%Occupancy
medium
and low support
accommodation
(restated)|89.4%|82.5%|86.9%|+5%|
|HR:|||||
|Voluntary
staff turnover
(restated)|14.9%|29.8%|15 2%|-49%|
|Staff sickness total average% working
days lost|3.2%|6.4%|3.8%|-41%|
|Health and Safety &Maintenance|||||
|Health and Safety compliance|97%|99%|97%|-2%|
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||Risk|Risk Action Plan||Net Risk|
|---|---|---|---|---|
|Failure to maintain
consistent||The HR strategy
has included|new||
|staffing levels|ofgood quality|recruitment
initiatives,
learning and|||
|due to inability to attract and||development
programmes,
salary|||
|retain
high quality staffing.||reviews and well-being
activities. These|||
|||measures
have led to lower staff|||
|||turnover
and vacancy rates.|||
|Reduction
in service||A Financial
Improvement
Plan|was||
|capacity/organizational||actioned and has led to break|even||
|wellbeing
due|to ineffectual|future budgets
based on current
levels|||
|financial
performance.||of funding.|||
|Loss offinancial||Detailed business development|plan||
|onations/grants|cost of living|reated to closely match short|term||
|crisis/austerity||unded
roles with when income|required.||
|||Good successes on applications,|Good||
|||media coverage for fundraising|leading to||
|||healthy donations
levels.|||
|Organisational|instability|Succession planning
is being built into|||
|due to lack of|succession|workforce
planning
reviews.|||
|planning
of key positions.|||||
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##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|E|E|E|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||555,511||555,511|702,323|
|Charitable
activities||||||||
|Byron, Manor,
Lyndhurst|and|Roffey||1,344,864|50,000|1,394,864|1,496,778|
|Recovery Services||||915,481||915,481|728,916|
|Move on Housing||||1,447,245||1,447,245|1,286,537|
|Homelessness
Services||||1,354,146|167,708|1,521,854|1,276,008|
|Central||||6,723||6,723|9,686|
|Fundraising
events||||122,512||122,512|131,040|
|Investment
income||||3,495||3,495|1,565|
|Total||||5,750,831|217,708|5,968,539|5,632,854|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Byron, Manor, Lyndhurst|and|Roffey||1,413,684|50,000|1,463,684|1,210,170|
|Recovery Services||||716,107|28,838|744,945|644,021|
|Move on Housing||||1,036,464||1,036,464|1,293,863|
|Homelessness
Services||||1,182,397|167,708|1,350,105|1,242,694|
|Central||||1,036,243||1,036,243|776,276|
|Fundraising||||262,369||262,369|250,954|
|Donated Goods
8&Volunteering||||189,096||189,096|252,869|
|Total||||5,836,360|246,546|6,082,906|5,670,847|
|NET (EXPENDITURE)||||(85,529)|(28,838)|(114,367)|(37,993)|
|Transfers between
funds|||18|900|(900)|||
|Net movement
in funds||||(84,629)|(29,738)|(114,367)|(37,993)|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought
forward||||5,426,770|1,412,519|6,839,289|6,877,282|
|TOTAL FUNDS CARRIED|FORWARD|||5,342,141|1,382,781|6,724,922|6,839,289|
##
|||||2023|2022|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|E|E|E|E|
|FIXED ASSETS||||||
|Tangible assets|11|4,286,520|1,155,000|5,441,520|5,178,S10|
|CURRENT ASSETS||||||
|Debtors|12|596,890||596,890|426,358|
|Investments|13|128||128|128|
|Cash at bank and in hand||1,069,766|227,781|1,297,547|1,875,181|
|||1,666,784|227,781|1,894,565|2,301,667|
|CREDITORS||||||
|Amounts
falling due within one year|14|(469,555)||(469,555)|(570,235)|
|NET CURRENT ASSETS||1,197,229|227,781|1,425,010|1,731,432|
|TOTAL ASSETS LESSCURRENT LIABILITIES||||||
|||S,483,749|1,382,781|6,866,530|6,909,942|
|CREDITORS||||||
|Amounts
falling due after more than one year|15|(141,608)||(141,608)|(70,6S3)|
|NET ASSETS||5,342,141|1,382,781|6,724,922|6,839,289|
|FUNDS|18|||||
|Unrestricted
funds||||5,342,141|5,426,770|
|Restricted funds||||1,382,781|1,412,519|
|TOTAL FUNDS||||6,?24,922|6,839,289|
##
##
|||||2023|2022|
|---|---|---|---|---|---|
||||Notes|E|E|
|Cash flows from operating|activities|||||
|Cash generated
from operations||||(128,338)|176,344|
|Interest paid|||||(135)|
|Net cash (used in)/provided|by operating||activities|(128,338)|176,209|
|Cash flows from investing|activities|||||
|Purchase oftangible
fixed|assets|||(430,246)||
|Sale oftangible
fixed assets|||||210,000|
|Interest received||||3,495|1,565|
|Net cash (used in)/provided|by investing||activities|(426,751)|211,565|
|Cash flows from financing|activities|||||
|Loan repayments
in year||||(22,545)|(23,113)|
|Net cash used
in financing|activities|||(22,545)|(23,113)|
|Change
in cash and cash equivalents||in the||||
|reporting
period||||(577,634)|364,661|
|Cash and cash equivalents|at the beginning|||||
|ofthe reporting
period||||1,875,181|1,510,520|
|Cash and cash equivalents|at the end|of||||
|the reporting
period||||1,297,547|1,875,181|
##
##
|RECONCILIATION|OF NET EXPENDITURE TO NET CASH FLOW FROM|OF NET EXPENDITURE TO NET CASH FLOW FROM|OF NET EXPENDITURE TO NET CASH FLOW FROM|OF NET EXPENDITURE TO NET CASH FLOW FROM|OF NET EXPENDITURE TO NET CASH FLOW FROM|OF NET EXPENDITURE TO NET CASH FLOW FROM|OPERATING|OPERATING|ACTIVITIES||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2023|2022|
||||||||||E|E|
|Net expenditure|for|the|reporting||period (as per the|Statement of|||||
|Financial Activities)|||||||||(114,367)|(37,993)|
|Adjustments
for:|||||||||||
|Depreciation
charges|||||||||167,236|124,107|
|Interest received|||||||||(3,495)|(1,565)|
|Interest
paid||||||||||135|
|(Increase)
in debtors|||||||||(170,532)|(224,963)|
|(Decrease)/increase||in creditors|||||||(7,180)|316,623|
|Net cash (used in)/provided||||by operations|||||(128,338)|176,344|
|ANALYSIS OF CHANGES|||IN NET FUNDS||||||||
|||||||At|1.4.22||Cash flow|At 31.3,23|
||||||||E||E|E|
|Net cash|||||||||||
|Cash at bank and|in hand|||||1,875,181|||(577,634)|1,297,547|
|||||||1,875,181|||(577,634)|1,297,547|
|Liquid resources|||||||||||
|Deposits included|in|cash|||||||||
|Current
asset investments||||||||128||128|
|||||||||128||128|
|Debt|||||||||||
|Debts falling due|within 1year||||||(23,113)||(800)|(23,913)|
|Debts falling due|after 1||year||||(70,653)||23,345|(47,308)|
||||||||(93,766)||22,545|(71,221)|
|Total||||||1,781,543|||(555,089)|1,226,454|
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##
||||2023|2022|
|---|---|---|---|---|
||||E|f|
|Donations|||421,838|613,619|
|Legacies|||126,253|63,736|
|Grants|||7,420|24,968|
||||555,511|702,323|
|Grants received, included||in the above, are as follows:|||
||||2023|2022|
||||E|E|
|Government|grants||7,420|24,968|
|INVESTMENT|INCOME||||
||||2023|2022|
||||E|f|
|Deposit account interest|||3,495|1,565|
##
##
||||Byron,||||
|---|---|---|---|---|---|---|
||||Manor,||||
||||Lyndhurst||||
||||and|Recovery|Move on|Homelessness|
||||Roffey|Services|Housing|Services|
||||E|E|E|E|
|Housing|Benefit||996,720|518,663|1,279,649||
|Housing|Support Services||223,632|350,998||7,300|
|Service|Charge||48,138|44,170|99,199||
|Grants|||123,388|1,000|64,597|1,404,639|
|Fundraising||Events|||||
|Charitable||Trusts|2,986|650|3,800|109,915|
||||1,394,864|915,481|1,447,245|1,521,854|
||||||2023|2022|
||||||Total|Total|
||||Central|Fundraising|activities|activities|
||||E|E|E|E|
|Housing|Benefit||||2,795,032|2,625,529|
|Housing|Support Services||||581,930|495,692|
|Service|Charge||||191,507|196,243|
|Grants|||6,723||1,600,347|1,360,958|
|Fundraising||Events||122,512|122,512|131,040|
|Charitable||Trusts|||117,351|119,504|
||||6,723|122,512|5,408,679|4,928,966|
##
##
##
|||||||Support|||
|---|---|---|---|---|---|---|---|---|
||||||Direct|costs (see|2023|2022|
||||||Costs|note 7)|Totals|Totals|
||||||f|f|f|f|
|Byron, Manor and Lyndhurst|||and Roffey||1,401,507|62,177|1,463,684|1,210,170|
|Recovery|Services||||718,517|26,428|744,945|644,021|
|Move on Housing|||||1,000,039|36,425|1,036,464|1,293,863|
|Homelessness
Services|||||1,290,245|59,860|1,350,105|1,242,694|
|Central|||||1,029,170|7,073|1,036,243|776,276|
|Donations,|Legacies and|Fundraising||Events|248,082|14,287|262,369|250,954|
|Donated Goods gl Volunteering|||||181,991|7,105|189,096|252,869|
||||||5,869,551|213,355|6,082,906|5,670,847|
|SUPPORT|COSTS||||||||
|||||||Governance|2023|2022|
||||||Management|costs|costs|Totals|
||||||f|f|f|f|
|Byron, Manor, Lyndhurst||and|Roffey||40,324|21,853|62,177|76,097|
|Recovery|Services||||20,131|6,297|26,428|44,007|
|Move on Housing|||||21,706|14,719|36,425|46,964|
|Homelessness
Services|||||48,427|11,433|59,860|90,334|
|Central|||||7,073||7,073|23,807|
|Donations,|Legacies and|Fundraising||Events|8,964|5,323|14,287|26,006|
|Donated Goods gl Volunteering|||||5,839|1,266|7,105|10,976|
||||||152,464|60,891|?13,355|318,191|
##
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||||2023|2022|
|---|---|---|---|---|
||||E|E|
|Depreciation|-owned|assets|167,236|124,107|
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|STAFF COST|S||||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||E|E|
|Wages and|salaries||||3,630,327|3,279,117|
|Social security costs|||||331,277|279,301|
|Other pension costs|||||81,439|73,258|
||||||4,043,043|3,631,676|
|The average|monthly|number|ofemployees|during the year was as follows:|||
||||||2023|2022|
|Total|||||157|155|
##
##
|TANGIBLE|FIXEDASSETS||||||
|---|---|---|---|---|---|---|
|||||Improvements|||
|||Freehold||to|Motor||
|||property
f|Land
f|property
f|vehicles
f|Totals
E|
|COST|||||||
|At 1st April|2022|5,318,347|977,124|256,703|98,413|6,650,587|
|Additions||||381,308|48,938|430,246|
|Disposals||||(256,703)||(256,703)|
|At 31st March 2023||5,318,347|977,124|381,308|147,351|6,824,130|
|DEPRECIATION|||||||
|At 1st April|2022|1,165,671||256,703|49,703|1,472,077|
|Charge for|year|104,173||34,500|28,563|167,236|
|Eliminated|on disposal|||(256,703)||(256,703)|
|At 31st March 2023||1,269,844||34,500|78,266|1,382,610|
|NET BOOK|VALUE||||||
|At 31st March 2023||4,048,503|977,124|346,808|69,085|5,441,520|
|At 31st March 2022||4,152,676|977,124||48,710|5,178,510|
##
|The properties|at West|Hill Grinstead,|Hill Grinstead,|being numbers|20, 22 and 24 are held at valuation
at the date that the|20, 22 and 24 are held at valuation
at the date that the|
|---|---|---|---|---|---|---|
|properties
were transferred|||to the charity.||||
|DEBTORS|||||||
||||||2023|2022|
||||||f|E|
|Amounts
falling due within|||one year:||||
|Trade debtors|||||279,426|150,635|
|Other debtors|||||13,702|7,750|
|Prepayments|and accrued||income||109,512|68,473|
||||||402,640|226,858|
|Amounts
falling due after more than||||one year:|||
|Other debtors|||||194,250|199,500|
|Aggregate
amounts|||||596,890|426,358|
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
||||||f|E|
|Listed investments|||||128|128|
|The market value of listed|||investments|at 31March 2023 was E128(2022, f128).|||
|CREDITORS: AMOUNTS||FALLING DUE||WITHIN ONE YEAR|||
||||||2023|2022|
||||||E|f|
|Bank loans and overdrafts|||(see note 16)||23,913|23,113|
|Trade creditors|||||73,221|101,644|
|Social security and other|||taxes|||70,315|
|Other creditors|||||21,129|14,550|
|Accruals and deferred|income||||351,292|360,613|
||||||469,555|570,235|
##
|CREDITORS: AMOUNTS|CREDITORS: AMOUNTS|CREDITORS: AMOUNTS|FALLING DUE AFTER MORE THAN ONE YEAR|FALLING DUE AFTER MORE THAN ONE YEAR|FALLING DUE AFTER MORE THAN ONE YEAR|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||E|f|
|Bank loans (see note||16)||||47,308|70,653|
|Accruals|and deferred|income||||94,300||
|||||||141,608|70,653|
|LOANS||||||||
|An analysis ofthe maturity||||of|loans is given below:|||
|||||||2023|2022|
|||||||f|E|
|Amounts|falling due within|||one year on demand:||||
|Bank loans||||||23,913|23,113|
|Amounts|falling due between||||two and five years:|||
|Bank loans - 2-5 years||||||47,308|70,653|
##
##
|Minimum
lease|Minimum
lease|payments|payments|payments|payments|under|non-cancellable|operating|leases|fall due as|follows:||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||2023|2022|
||||||||||||f|f|
|Within one|year||||||||||127,458|106,998|
|Between one and||||five years|||||||183,943|63,917|
||||||||||||311,401|170,915|
|MOVEMENT
IN||FUNDS|||||||||||
|||||||||||Net|Transfers||
|||||||||||movement|between|At|
|||||||||At 1,4.22||in funds|funds|31.3.23|
|||||||||f||f|f|f|
|Unrestricted|funds||||||||||||
|General
fund||||||||5,363,184||(50,913)||5,313,171|
|Designated|fund||—West||Hill, East||||||||
|Grinstead||||||||56,140||(34,616)||21,524|
|Designated|fund||-|PRS and Personalisation|||||||||
|Budget||||||||7,446||||7,446|
|||||||||5,426,770||(85,529)|900|5,342,141|
|Restricted funds|||||||||||||
|WSCC PHE Capital||||Funding Scheme||||1,155,000||||1,155,000|
|Adur Furniture
Network||||||||154,387||||154,387|
|Dr Chesters|Charity|||||||900|||(900)||
|Ravenscourt||||||||102,232||(28,838)||73,394|
|||||||||1,412,519||(28,838)|(900)|1,382,781|
|TOTAL FUNDS||||||||6,839,289||(114,367)||6,724,922|
|Net movement||in|funds,|||included|in the above are as follows:||||||
|||||||||||incoming|Resources|Movement|
|||||||||||resources|expended|in funds|
|||||||||||f|f|f|
|Unrestricted|funds||||||||||||
|General
fund||||||||||5,750,831|(5,801,744)|(50,913)|
|Designated|fund||-|West|Hill, East||||||||
|Grinstead|||||||||||(34,616)|(34,616)|
|||||||||||5,750,831|(5,836,360)|(85,529)|
|Restricted funds|||||||||||||
|The Big Lottery||funding||||||||167,708|(167,708)||
|Ravenscourt|||||||||||(28,838)|(28,838)|
|Nationwide|Community||||Grants|||||56,008|(50,000)||
|||||||||||217,708|(246,546)|(28,838)|
|TOTAL FUNDS||||||||||5,968,539|(6,082,906)|(114,367)|
##
##
##
|Comparative|s
for movemen|t
in funds||||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.4,21|in funds|funds|31.3.22|
|||||f|f|f|f|
|Unrestricted|funds|||||||
|General fund||||4,924,880|83,504|354,800|5,363,184|
|Designated|fund - West Hill,|East||||||
|Grinstead||||147,873|(91,733)||56,140|
|Designated|fund - PRS and Personalisation|||||||
|Budget||||10,687|(3,241)||7,446|
|Other general
funds||||186,000||(186,000)||
|||||5,269,440|(11,470)|168,800|5,426,770|
|Restricted funds||||||||
|WSCC PHE Capital Funding Scheme||||1,155,000|||1,155,000|
|YMCA||||120,000||(120,000)||
|Albert Hunt|Trust|||5,000|(5,000)|||
|Worthing
Borough Council||||48,000||(48,000)||
|Adur Furniture
Network||||154,387|||154,387|
|Dr Chesters|Charity|||800|900|(800)|900|
|Ravenscouri||||124,655|(22,423)||102,232|
|||||1,607,842|(26,523)|(168,800)|1,412,519|
|TOTAL FUNDS||||6,877,282|(37,993)||6,839,289|
|Comparative|net movement|in funds,|included|in the above are|as follows:|||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||||||f|f|f|
|Unrestricted|funds|||||||
|General
fund|||||5,424,620|(5,341,116)|83,504|
|Designated|fund - West Hill,|East||||||
|Grinstead||||||(91,733)|(91,733)|
|Designated|fund - PRS and Personalisation|||||||
|Budget||||||(3,241)|(3,241)|
||||||5,424,620|(5,436,090)|(11,470)|
|Restricted funds||||||||
|Albert
Hunt|Trust|||||(5,000)|(S,ooo)|
|The Big Lottery funding|||||205,334|(205,334)||
|Dr Chesters|Charity||||900||900|
|Ravenscourt||||||(22,423)|(22,423)|
|Bus Fund|||||2,000|(2,000)||
||||||208,234|(234,757)|(26,523)|
|TOTAL FUNDS|||||5,632,854|(5,670,847(|(37,993(|
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|A current year|A current year|12 months|12 months|12 months|12 months|and prior year 12months|and prior year 12months|combined|position
is as follows:|position
is as follows:||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Net|Transfers||
||||||||||movement|between|At|
||||||||At 1.4.21||in funds|funds|31.3.23|
|||||||||f|f|f|f|
|Unrestricted|funds|||||||||||
|General
fund|||||||4,924,880||32,591|355,700|5,313,171|
|Designated|fund||- West||Hill, East|||||||
|Grinstead||||||||147,873|(126,349)||21,524|
|Designated|fund||- PRSand|||Personalisation||||||
|Budget||||||||10,687|(3,241)||7,446|
|Other general||funds||||||186,000||(186,000)||
||||||||5,269,440||(96,999)|169,700|5,342,141|
|Restricted funds||||||||||||
|WSCC PHE Capital Funding||||||Scheme|1,155,000||||1,155,000|
|YMCA||||||||120,000||(120,000)||
|Albert
Hunt|Trust|||||||5,000|(5,000)|||
|Worthing
Borough||||Council||||48,000||(48,000)||
|Adur Furniture||Network|||||154,387||||154,387|
|Dr Chesters|Charity|||||||800|900|(1,700)||
|Ravenscourt|||||||124,655||(51,261)||73,394|
||||||||1,607,842||(55,361)|(169,700)|1,382,781|
|TOTAL FUNDS|||||||6,877,282||(152,360)||6,724,922|
|A current
year||12 months||||and prior year 12 months||combined|net movenlent|in funds,
included|in the above|
|are as follows:||||||||||||
||||||||||Incoming|Resources|Movement|
||||||||||resources|expended|in funds|
||||||||||f|f|f|
|Unrestricted|funds|||||||||||
|Genera
I fund|||||||||11,175,451|(11,142,860)|32,591|
|Designated|fund||- West||Hill, East|||||||
|Grinstead||||||||||(126,349)|(126,349)|
|Designated|fund||- PRS and|||Personalisation||||||
|Budget||||||||||(3,241)|(3,241)|
||||||||||11,175,451|(11,272,450)|(96,999)|
|Restricted funds||||||||||||
|Albert
Hunt|Trust|||||||||(5,000)|(5,000)|
|The Big Lottery||funding|||||||373,042|(373,042)||
|Dr Chesters|Charity||||||||900||900|
|Ravenscourt||||||||||(51,261)|(51,261)|
|Bus Fund|||||||||2,000|(2,000)||
|Nationwide|Community||||Grants||||50,000|(So,ooo)||
||||||||||425,942|(481,303)|(55,361)|
|TOTAL FUNDS|||||||||11,601,393|(11,753,753)|(152,360)|
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