Registered Company No. 2846784 Registered Charity No. 1040208 Haven Tyneside Ltd (by guarantee) Financial Statements for the year ended 31 March 2021 Haven Tyneside Ltd (by guarantee) Financial Ststements for the year ended 31 Mareh 2021 Contents Page t£gai and Administrnttve tnforn)ation Statsmentof financial Adivity Balan¢¢ Sh￿t Casb Flow Statement General tDc(Mne and EX￿￿ltsre Account io Notcs 12 Auditoes RqM)rt 18 Haven Tyneside Ltd (by guarantee) Legal and Administrative lDfornialion Cotwy Numi 2846784 Charity Number 1040208 H.M.Kay J Mackintosh M Ferguson PJRice C M Blunt J W Little R Hewitson S E Tn￿n￿n Sccretary JWLittk I l Re8¢nt Te￿￿e Tyn¢ and Wear NE8 ILU Bankers Barclays Bank plc 6 Pl￿< Durha DH13ND Auditors Azets Audit Services 32 Brenkley Way Bl¢zard BusAn¢SS Park Seaton Llurn Ncwcastle utK)n NE13 6DS Haven Tyneside Ltd (by guar*ntee) Trustees, Annual Report (IDeorpor*ting the Directors, Report) for the year ended 31 March 2021 Chtht•bk•bje£ts H8vcD Tyn&id¢ Ltd is gov¢%ned by its MemHyrandum aml Artick$ofA￿￿1￿ith￿ The￿ st&tr thlltthco)Ttvw￿s]1iaill Policies to fvrther •Dr objt¢t¥ I{av￿ Tynesid¢ provid¢8 to people wtth special hwsing &%8istiog in acquitittg and deveknpiAg living ski115 a￿1 a4ststtng thern to nKyve on to 1ndc￿thI *Cornm￿l0 The djwily's aim5 aDd obiediv&¥ate ID thc tsL8illfssplan atld sti*ies ftirachieviug th￿(￿ja#]YeS arc road mapFrd ina fjveyw 5tiatw p Chanys ib ptslici Ther¢ have b¢￿ nod￿1￿ in￿11¢1¢ D*¢ription •f the Theo)mpany is IiTnital by TWA haviog • share witaL kn thee¥eDlof awiJ*ltNg up the liability of ¢ath is limital to an arno￿7t￿￿¢XcC￿I￿ £1. wffc follows: HMKay D Crtiglrton Rwiguvj 13th July W21 l Mackiuts)sh N Shukla PJRPX C M Illwit J W Liti1¢ R H¢wiL*yn Howcvtrthe￿ to day maR&get￿ent is delcgat&l to th¢ ChicCOffici¥, B Watwn. Public btaefrt The thLSte¢5 (who arcalso the dirthrs of HavetkTynrside fortlr purrmyststompany law) u>nfinn that they have iy)mplied with the rewitetiw to have r¢wdto the guid￿ ￿ wblic brllcfii iswj by th¢ c11￿ity CommissÈoTh ift exuci5ingthe1tw￿e[￿alld thrtt¢5 in rclatith tothextivities of th Eknity during tl¢ yg4r. Haven Tyn&sid¢ Ltd (by guar4Dtee) Trustees. Annual Report (Incorporating the Direetors, Report) for the year ended 31 March 2021 (continued) Critvl* *•d kne￿•re$ to S*fC¢55 achieved. Thc H¢Mn¢ Gn)4) carry out ￿dit1th￿ chccks on thctxoth*ies D)W theirbehalf &spart oftk partncrship S•m•*ry of*ckievtmt•ts edwi1￿ and ¢twblin8 rosidemts ￿ 5tcurv tenancies *Jd ￿C¢￿*s￿l[Y maitthin t and IN￿￿]8 skills ti￿￿emplOY￿￿t RmplDyme•t policy Empltsyc¢ salattcsare b••J ¢Jn theN&lOn￿ Courtil pay wl Ctrona Vitus Iw fiFADcial impact on the ￿]￿Y ￿ f¥with graryt4 and resid￿ inc4>m¢as )Ttnal. The 5tsff d H&ven ate arKJsitH)]J WI￿ Yxy (*n tovu fui the evart of illthtss. In aD cxtrrJn¢ Dcrgw agcthcy *aftwith the rekvant eX￿￿enCe would brr￿t io A (kthi]&1 fwance m￿val bag t￿￿1￿¢¢￿ which would to(w th¢ f￿￿JaI dutics A¢ tht% mixijont of tim¢ Haven ￿SId￿￿￿1¢ retCiVin8 thll Th¢tru5tees (who arc Slw the di￿￿TS ofHaven TY0￿ide Ltd forthc cothpaDy lawl are reswJsibk forprwiDE {UK Ge￿[allY ACW AtrIx￿ting pr￿tIce￿ Comporty Taw r4uircs the In￿S th prq4re fiJwLcial fw¢ath yothat 8ivea1jue￿d fairviewvfthe olld cxr*nditure of th¢ charitable compauy for that pat$itim of the chariltible cnable thcm h) ertswe that thr finatitial *atth]Thts ¢th￿IY WAth the Expl•nath• oltlhE S**trme¥t of Fil￿£1￿1 A(tivhtts 8ttd the *pplKatlom •f thDd5 GeDtrg1 fvDd Ho￿[￿g Incom¢ Char8cs R¢xcivable for a¥a1￿1¢P￿l5￿￿ show an incr¢&seof £70J31 du¢•) Fawdlm t• forathllyear sur￿lerIalldRoa1 6.596 18.721 17 Vrjids WCIJ ahe*J of TrA The Slffting Pwplc alldchtywwlc will Tf4nain knihe fm**ial y¢ar. Tolai £341JB siightty higher la5tyear£327251 rn&oly duc to aholiday Xen￿ of 11350 the ¢urrth]t rovid siluation. The SkMthwD ¢hargt dllettbhaviffjg Fawdtyj bLwd forafvll ttY¢lve month& Ustof88*ts chw Twoyws 40 th C￿panyT411th itsrnioitats £25.176. aDd theold minibus w&5 r activilics is ￿r￿thE1&}￿lpm￿ by therswJeJJts frt4u￿dY rtpairvlorrrplx&l aMIthis i55lm FDtsre pkn¥ Haven Tyneside Ltd (by guarantee) Trnstees. Annual Report Uncorporating the Direetors, Re￿rt} for the year ended 31 March 2021 (continued) Irj due cl￿[¥¢ we will It%)k at1￿y1￿g tWD trkn ft14ts which will OW of resff¥e ￿tbreak of thr VIT￿ whiEth4vi08a limi*d impxtffi thehjantts of thc cijnpny KJ fJraJuEd TC FiN*nrial dtpemdtyce A￿l￿10Th Ltd owTs five￿#[￿￿¢5 with atothlofii w ID itsown TighL TswoviduI by m¢4ns of City Widc FlorneJ¢&% Contrxt adrnin1￿ by Honk GTOUP Ltd •J rAid fourwedEty. Review4)f rel•boMthipJwith Oth￿ Oryani￿1￿￿￿ G*teShe￿ Thumcil IYtsrtb•wbTi& Reh*biW*tyM C•Th￿ny Nothurthia Probati￿ Seryiccl Dtsel￿llr¢ oltDforJbatioD to the *thrs th¢ dwettors ofthccom￿Y who held offi¢e4tthcd* ofapwival of d*se Frnancial St*m¢ntse¥th confinn ￿ thr &8 aw¥¢ th&. there is no ytkvw)t4udit iufornmtion of which the cw's auditors are uDaw*r" and we have taknj all th¢*sthat we ou8htlo h&ve lkn as in to IEth aw8reof any Su*ll prnvisws J M*¢kint05 Dir￿Or 11 RegotTe￿& Tyue 8￿j W NE8 1 I.U Haven Tyne$ide Ltd (by guarantee) Statement of FRnaDeial Activities lor the year ended 31 March 2021 Nol¢8 Unrcqtrieted fud (GeAeThl) 21121 Tot•1 fands 2020 Total Don&ions and lewi¢s Charttable activities Inv¢stsoents 3,680 1,150,760 427 3.680 1,150.760 427 3,485 1.074277 ,707 Total Jnwme 1.154,867 1 154,867 1.079,469 Charitable ¥tivities 1,085.879 1.085.879 1.013,632 1.085.879 1.085.879 1013.632 Net IWmi•EI(o¥tgwn￿ re8our fortht year 68988 68.988 65,837 Brought forward at l Awil 2020 1.090J37 1,090,337 1,024.5 Carried fmv8rd at 31 March 2(V21 1,159.325 1.159J25 37 All iDcome and e￿ndIti]re derives from continuing activitles. HvdveD Tyneside Ltd (by guarantee) BalaDee Sheet as at 31 March 2021 Notes 2020 Employment tsf ¢YdPital Tangible &ssets 288,773 320.613 Current &88ets DebtOT¥ C&sh at bank and iti hand 29.946 868.334 898.280 68.143 775.IM)7 843.150 Amowits Yalling due IvithiB oae ye*r 27.728 Net cmrrent awts 870,552 769.724 Totsl assets cnrrenl li*bilitle8 1,159J25 The bwtw)cesheLX COOtintse8 on thtfollowing p￿e Haven Tyneside Ltd Iby gu2raDtee) Balance Sheet as at 31 Mareh 2021 (￿ntInUed} Not 202] 2020 li 1,159,325 1.090J37 1.159 325 These fiftaFtrtial have prepatrd in PYOVi51￿$ applI￿bIttO￿Mnp￿1es subitt* ￿ the Rwblic of Ireland,. l M*ckiDknb Re8j-￿tI¢d (knity 1040208 Haven TyDeside Ltd (by guarantee) General Iocome and Expenditure Account for the year ended 31 March 2021 Ststement of rash flows for the year ended 31 March 2021 21)21 Cash flow5 from operating activtties 0￿illg profit fr)r the rim￿1￿] year Adjustments. for Dcpre¢iatiC￿ of pmperty. plant and equipmart Jntere5t Receiv¢d Ikcrease/(iJ)cr¢&8e) ijj tr•de other ￿[vable$ bac1￿se/(deCreaSc) in tr&de pyables 68.988 33,950 38.197 (45.698) 95.010 C&8h Flow from investing xtivtties Pllrch￿ of w)puty? plant and equipment Interest rec¢iveA Net Cash from investing 8Ctivihes. (2.1 JO) 427 (1.683) Cash flows from financing activtti Net 1llcreasel(decr￿e) in cash and c4sh equival¢Dts. 93J27 Cash and eash equivalents at the begimiing of th¢ y¢ar Cash and cash equivaknts at the end ot the year Incre4s&(deercase) in clsb balance 775.007 868.334 93.327 Haven Tyneside Ltd (by guarnntee) General lDeome and Expenditure Aceomnt for the ye4r ended 31 March 2021 2021 2020 Housl•g income Cbarw receivablc (available lydsws) 9W.727 25,317 1,025.044 (1 1.933) 946,089 13,559 959,648 (16.868) Voids Cbw receivabk (Iwipied l￿dsp￿} SuppK)rtin8 People Grant Citywide Homele&s thntracl 1.013.111 942.780 60.(K)O 77,649 1.150.760 60.(￿0 71.497 1,074277 Hou81ng ￿pendItUTe {1.085,879} (1.013.632) Housing sllrplm for the year 64,881 60,645 Other iD¢ome th)n8tions Jnterest rerzivcd 3.680 427 3,485 snrpl￿(def￿) forihe ye*r 4.107 5.192 68.988 65.837 io HaveD Tyneside Ltd (by guar8Dtee) General Income And ExpeDditure Account for the year ended 31 M*r¢h 2021 21121 Ch*TitaNt expelldttsre Projeet toyts Stsff salAfi¢5 aNI pension Co￿8 Agew staff RenL f*rs and water H¢atand ligh¢ Cleaning Furniture reDewaEs aDd replacements SuDdries Lift5ki11s tratning Irttern￿ dccoration (hher maintenance Fesiive expeJLditure 21120 211.835 18A575 16.098 33.160 21,858 lQ.535 33.427 11731 43 4,670 5218 34,690 20,465 10.329 25,285 16.190 3.546 14.607 3.601 340.554 SoppDrt toyts Staff salart¢X 8nd pension co￿$ Advertising. printing and stationery Tel¢phoDe and Travel 4ffid w expenses 330.175 129.968 124.578 12.051 9,379 15,783 11.365 13.524 9,754 433.024 21.993 17,018 HousinB Aswct*ion propcrty Ch￿8¢ Bad debts 3115.287 12.489 17.655 4.031 25.349 .234 nsumce Dffice mointcnanrc and d￿oratIoN oirice rw rateg and w*r Office and lighl Office cleaning 25.528 9,(h5 6.902 33,948 Ptofft OD disw)saJ of asxts &Fbscriptions Comwtcr maintpJw¢¢ aDd licences Training recwitmeol Minibus expenses Flank cbw8ts Rcsidellt Grw expca$es 33.152 {421) 6.632 4,304 2.777 831 3.651 3.127 3,795 1,029 4.979 669.152 736.535 ManaEcln￿t Co]ztmitte¢ expeoses 1,616 3,767 Auditors r¢muneMion Le8al 8nd wof¢s5ion 6.080 2.591 6.422 14J05 Totsi thaTitablt expendtture 1.085,879 1.013.632 li Haven Tyueside Ltd (by guarantee) Noles to the Financial Statements for the year ended 31 March 2021 Haven Tyttsid¢ Ltd is ttchaTitsbk tompally limit#l by 8u&aDtrt in fA]8I•DJ tyl WalE& ID the ¢vent ofihe u)mparty being wouDd up th¢ tiabilty r¢s]Jedof the guaratr is ItmiteAJ to£] ￿m￿￿)I￿rOr￿ wmpglly. The ￿d[c550fthC regts1er¢d 9Cct¥d￿w[th ALxouthg JJt¥i Re￿￿ting by CtwitiC5". StatetneDt of RecOMTh￿ Pndice atvliothl¢ to charilie5 (FRS1021 i5wed in Od(ts 2019. the Finaft¢iJl RqM)rting Stsndard aroliL¥blc thcUK R￿￿bliC of Irelmd (FRS102k the ClwiticsArt2011.theComt•i￿AL￿ 21KJ6 ad UK GAAP of th¢ d￿lty. ohj¢divesof the ¢kntity. Iw¢ b¢en tHised by thccharity f￿ p￿1￿￿￿￿08eS Ine•w¢T¢eogryitio Vvluntary inLYJm¢ and ¢knWt1(￿ are Inth]d￿ in incoming reg)urces in the to w4JidJ they ￿*t& Trlxreth¢ telms of the grantordonAt*)o are llot 4ttific they are rtC4)gniRd in theFfri(Kl in which thcy arc trc¢iverour audit have not been retrived from branches not visited by us; or the financial sLiternents a￿ not in agreement with the accounti￿ records and retun￿. or certain disdosure5 of directo￿ remuneration Specif￿ by law are not made: or we have not recelved all the infonnation and explanations we require for our aud¢ or 19 Haven Tyneside Ltd (by gurantee) Notes to the Financial Staternellts for the year ended 31 Mareb 2021 (continued) As explained more fi￿1¥ 117 the trusteeg responsibilities ststemenL the trustee51who are also the directors of the charitsble company for the purposes of company law) a￿ responsible for the preparation of the financial statements and for being satisfied that they give a true and fairview, and for s￿h intemal control asthe tnths deteTmine is ne￿SSary to enable the preParat￿n of financial statements that are free from material misstatement whether due to fraud or error. In preparing the finandal ststements. the tntstees are responsible for assessing the charitsble ompan¢s ability to continue as a golng cOn￿rn. disdosin& as applKable. mattets related to going COn￿rn and using the going con￿rn basis of atcountin8 unle55 trustee5 either intend to liquidate the charitabte company or to ￿8$e operatlons. or ha¥t no realistk alternatA¥e but to do so. Audrtorfs ru￿nSIbIlitIeS for the audtt of the financial statements Our objectives are to obtain reasonable assurance aLx)ut whetherthe financial statements as a whole are free from material misstatemenL whether due to frdud or error. and to issue an audltoffs report that indudes our opinK)n. Reasonable assurance is a high level of assuran￿, but F5 r￿t a Buarantee that an audit conducted in accordan￿ with ISAS IUKI will always detert a material misststement when it exists. Misstatements can artse frDm fraud or error and are considered material if. individually or in the aggregate, they coubj reasonabty be expetted to influence the economic decisions of user5 tsken on the basis of these financial statements. Irregularities. induding frawl. a￿ instsnces of non-c¢xnpliante wlth laws and regulations. We design prO￿d￿re5 in line vjith ow re5ponsibilitie¥ outlined atx)ve. to detect material misstatements in resw of irregularities. induding fraud. Because of the inherent limitstio￿ of an a￿lIt. there is a risk that we will not detect all irregularitles. includingthose leadi￿ toa material mixststement in the finanttal statements ornon-tompliance with re8ulation. The risk inueases the more that compliance with a law or regulation is ￿moVed from the events and t[ar￿ttIonS re17ected inthe financial statements, as we will be less likelyto become awa of instance5 of Th>nr the opinions we have fomied. 20 Haven Tyneside Ltd (by guarantee) Notes to the Financial Statements ror the year ended 31 March 2021 (CODtinued) Joanne Regan FCA {Senior Ststutory Auditor For and on behalf of ￿ets Audit Services Chartered Ac£ountants Statutory Auditor 30 November 2021 32 Brefikley Way Blezard Business Park Seaton Burn Newcastle upovTr Tyne NE13 6DS 21