Registered Company No. 2846784
Registered CharAty No. 1040208
Haven Tyneside Ltd (by guarantee)
Financial Statements
for the year ended 31 March 2025

Haven Tyneside Ltd (by parantee)
Fin￿ClaI Statements
for the year ended 31 March 2025
Contents
Page
Legal Administrative Inforniation
Trustees, Amiual Report
Statement of Financial Activity
Balan￿ St￿t
Cash Flow Statement
General Income and Expetmjiture A(Yount
io
Notes
12
Independent A￿lt01S Report
18

Haven Tyneside Ltd O)y guarantee)
Legal and Administrative InforniatioD
Company NumlKT
2846784
Charity Number
1040208
Trustees/Director5
I Gill
N Shukla
M Ferguson
PJRice
S Cannell
R Hewitson
S E Trueman
R HewitsoD
Registered Office
I l Regent Terrace
Tyne and W
NE8 ILU
Barclays Bank plc
6 Market Place
Durha
DHI 3ND
Auditors
Azets Audit Services
Bulman Ho
Regent Centre
Henry Street
New¢astle upon Ty
33LS

Haven Tylleside Ltd (by guarantee)
Trustees, Annual Report (Ineorpornting the Directors, Report)
for the year ended 31 March 2025
Administrative hfDrnia(hA
CbaYi¢•bl¢ ¢thjtttives
Haven Tyneside tAd ts ¥￿v￿ned by its Memor•th Ind Arti¢k8 ofAss(Kiatith. These st* thatthe e(Mnpany¥ maill
objeciive is to 89sisI person5 identified &8 havioghousiog needs asdefined byHousiftg A&sociation TrgtSI￿ilAl.
Polieies to fllrtlkero•r objeedv
The chaTity s al￿5 and objectives xre set out in the b￿sin￿ plao atwj tkn strateBie5 forachieving these objeA1v￿ are ro￿1
mapped in a five-yearsiT¥l¥gir pkn.
ChamEfS ID ￿litIeS
Thue hllye been Doiknw in policies.
DeS¢rip￿D of the orgaAiuth)A
Th¢ Lxxhpany is limited by gtthrty Thit having ashare wital. tn the event orawit￿Ing up the liability of memirr i8
limited to an amount nos exi*eding £1.
l Gill- Appointed 14thJanuJry 2025
N Shukla
PJRic£
S E Truemao
S CannEII
M Sioney ILesiglltsl 8" July 2025
I M¢kiMtoth Rc5i8uryI 15" Oi*ober 2024
However. theday-fo4hy dejegth lo the Chief Officer. B Watson.
an inductioll cffle training fornewrnejnbers.
P4blic beNefit
The trustees (who ar¢ also the direc￿ ofHaY¢ll Tyneside IAd forthe of cOMp￿Y law) thattheyhave
plied wih the requirementtohave due rewd to the guid￿Ce oll publicbenefit issu¢d by the Charity Commi&8ion tti
exer¢Asing aThJ dutiesin Trlthion to the activities ofthe tharity during the year.

Haven Tyneside Ltd (by guarantee)
Trustees, Annual Report (Incorporating the Directors, Report)
for the year ended 31 March 2025 (eontinued)
Criterla and nwdwres to &utte8$
Th¢ annual perfO￿￿te criteria aty set out iti the L)cal Authority tender contr￿￿ The ¢omJnissioniTrg b(Alies perf(v
ngemert. The iDlanally m￿lIorperfon￿C¢ on a quarteAy and a￿al b&8is. rewtsDg in fjjll to the BrAr
Swmm•ry ofa¢hiev¢me
R¢ducitig pov¢ty forits r¢sidents by n￿Xim￿ln8 tbeir1n￿mtA*tsÈfits e(pipping them money haThl]ing
fuI14ime emp]oyin￿L
Employment poli
ED4)loyee saknies are ￿N*t￿l)a1 Joint Cour*cJl pay scale.
The hav¢ set up a Eisk register and WTII tt¥)nitor iisks with a (x)knJr SCI￿￿¢ of grea4 atllber and Ted tske
the OPPADpii* *t[Onn¢¢￿ At th¢ mom¢JJt w¢ b¢Ji¢v¢ there ar¢ major areas of wnttrn. Th¢ $14ff at Hav¢n ￿ in a
)sition whve they (¥D covff for¢acb other in th¢ ¢v¢ntof illnes& Jn anextr¢m¢ ¢tn¢rgthcy a8eo¢y #aff with th¢reJevaot
eXperia￿e wcrtdd be Ixougbt in. A d¢tsil¢d fi￿at￿ema￿￿81 h&$ been pr(xlu¢ed whtth would sweone to carry otrt the
financial duttes ifneed be. At this moment of time Haven r￿Idellts are recelving fidl suptKTrrL
R¢8erY&4 pojiry
llJ¢ T¢S¢ry￿ of the company healthy ￿￿]U0n 4Dd ￿ maintsijjal Iw¢l inorderto etLwrEthe L¥)nl1Tll￿J numi
of the Sh￿ the grants b¢ reduced ortta8ed for ￿ to five yews. Thr¢¢ huThJred thousa￿lba$ been ¢•nnark
TrMst¢¢s' respomslbilltl
Th¢ trttstees (who are the dI￿¢t0￿ of Haven Tyneside Ltd forthe LY)Mp￿18w) are Trsponsible for prewing
c￿1panY law require5 the trustees to pJryTrare financial statements for eath financial year. Undff IxNDpaDy law the iTUSteeB
approv¢ th¢ fill￿ClaI stst¢n)ents urn1￿ they or¢ s8tisfi¢d that th¢y giv¢ a trn¢ and fatrvi¢wof the srote of offoirs of
the Ch￿Itable 1xw￿Y forthaperi(Nl
tn pwitw these financial sta1ernen￿ the trnstees are Tequired to:
sekct slliitable poli¢ie& and then aFyty &)tiSis￿tty.
observe the meth(Mts armlpiinciplcs in the ￿alIti&$ SORP2019 IFRS l(r2I,
pware the financial statements on the going (¥mczJn b&%is it is inaFympriate to pn$u￿ that the charithble

Haven Tyneside Ltd (by guarantee)
Trnstses, Annual Report Uncorporating the Directors, Report)
for the year ended 31 March 2025 (continued)
fjnancial pisition ofthe charitabk cThJpany aThJ uJabJ¢ themto ensu￿ that the fmaDcial 8t*emcnts cojnply with tbe
Compantes Act 2006. They are also resp(wbl¢ for safegwding tb¢ assets of the charltsbk cunpany andkKnce for taking
reasonable steps for theprevention al￿ d¢t¢ctsoll of fraud and other inegularities.
Review of FpHanc¢s
Expla*•don of the Statement of Finx•cl￿ Aetiyibes 2lld lh¢ *ppli￿li￿ •f fulldg
Gemerxl fund
charg￿ Re￿￿¥the ￿￿re hi￿rth#U Yearth￿ an in housing on all pr(I￿rtI￿%alldthe ocowaD¢y leyels
I￿ing iti exo63 of10(Vo in some pr(wtic&
bed¥aC￿ generated an extra £21482 ofr¢venue follows:
Suntsland Rth
Rothbwy Terr
127
21355
22.482
Voids showrd a105s of £13.044 against a bw loss of £41J09 nllinly due to ¢m¢￿¢Y spacu Al Rothb￿Y
Ivhik the Citywfftde grallt is ¢xpeL*ed to remain ne4rfy the same fornext yearthe SWing Pa)ple gmt ctwl from
Novemkn llt 2024.
Howithg espwdithre
Totsl staff costs £394,416 were slightly loThrrthan last year £394.705 to wiog less agency W0￿CEs.
M*M*gem¢nt wnd *dTrTniStratiou
Use of assets
The ¢￿panY owls fowproEKrties in Newwtl¢ wjd one piijperty in Gat&qhead that account for most of the large amountof
dq)reciatioD i&aTg¢ The Tunaints of the g)tnpaTky¥ assets CA)nsist ofoffice furniture alld equipuwiL The nature ofthe
¢￿￿panY'S a(lIyftti￿ is su¢h that quipnM)t for w by th¢￿Identsm￿St frequently be YEpa￿ed orry1aL￿1 ond this is sFM)wn
a rn¢nue ¢Ape￿5¢ ID the in￿rne 8t]d expefylilure account.
Fu¢ur¢ pl*n8
TheNewta41¢ Citywryde ￿￿tra¢t has beell exteDdedto May 2025 wd we are wailing to sign when we agree
th¢ The SUp[￿￿g P¢oples grant ceas&l on 1st Nov¢n**r 2024. Haven have18id 8rouod plans for the of
thr¢ flats in Gal￿￿¢*1. for£87,692 will ￿ let fiDm November.

Haven Tyneside Ltd (by guarantee)
Trnstees, AllDual Report Umcorporating the Directors, Report)
for the year ended 31 March 2025 (Continued)
r¥*1 deptodtnce
Thc wmpany 37 beds in Newcastle 19 IKds joGat&th￿ &5 part of a group led by Stonhatn Housing
Association Lld aud five proirrties with a totsi of10 IxxL% in its. righL Trvnding is PTDVid￿I by meaDS of Citywm
HOM¢1￿ ContraL* administrrtd by Home GtDupL
R¢vkw of nlathTrfflships with other orgatsffj*¢wMs
Stonh*m Hov8ingAwci*tion Limited
G*lesl￿d co￿￿¢￿
Resldcntial properties are managol on behalf ofGatesbe￿l C￿￿¢11.
Nortbumbria Community Rel￿1b111￿IlDll
Of the available bed 26 arc rcseTred for ex-offenders T¢f¢￿ed by Northumbria ComtnuDity Rehabilitatx)n Con4)atty
IfonJJwJy Northwnblia PmbatAoJJ Sejvice).
We. the directots uf th¢ L¥)rnpaDy who held offiLY 4t thedate of approvaI of Financial SlatED]CDts cath (%mfin4 so far as
thffe is no relevant audit 1nforllkn*t￿ ofwhich the thaTitabk (x)mpanys aulItn￿ urWWd￿. and
r havc taken all tbe Sty th8t Me ougbt to bave as dir￿tOrS in Ord￿ to mak¢ ourselvas awar of •y
relevaDt audit inforn￿tiOn and toestablisb thal lh¢ a￿vItOrS are awoff ofthat infonnatiOD.
Small compny provtsitios
ALt 2006.
This Irixirt was approved bi. th¢Bo4rd ofjDiRrtors ￿ 14 Ortot*r2025.
I l Re￿t Tcm
Gateshead
Tyne Wear
NE8 ILU

Haven Tyncside Ltd O)y guarantee)
Statement of Financial Activities
for the year ended 31 March 2025
2025
Totsl
funds
2024
Totsl
funds
Notes
fllnd
Income from
Donations and legacies
Charitable activities
4,750
1,545,632
7.196
4,750
1,545,632
7,196
15,800
1.465,711
5.989
Totsl Income
1,557.578
1.557,578
1,487,500
Resourtts expended
Charitable activities
1,421,506
1,421,506
1,338,737
Total resourcts expended
1,421.506
1.421,506
1.338.737
Net IncoJJ]in￿(OutgoIllg) resources
for the year
136.072
136,072
148.763
Brought forward at l April 2024
1.538,615
1,538,615
l J89.852
Caffied forward at 31 M￿h 2025
1674 687
1,674,687
1538 615
All ftncome and expenditure derftve from continuing ￿1VItie

Haven Tyneside Ltd (by guarantee)
Balance Sheet
as at 31 Mydrch 2025
2025
2024
Employment of ￿pital
Fixed assets
Tangible asscts
197,295
230,876
Current a￿ts
Debtors
C&8h at bank and in hand
79,305
1.418297
.497.602
71S¥)6
1266.081
lJ38,987
Creditors:
Amounts falling due within one
year
20.210
31248
Net eurrent assets
1,477,392
1,307,739
Totsl assets less current liabilihes
1.674.687
1,538,615
Thebalallce sbeetcontinuescn the folloiving pBg

Haven Tynoside Ltd (by guarantee)
Balance Sheet
as at 31 March 2025 (colltiDued)
2025
2024
DeSI￿ted fimd
General untEStricted funds
12
12
300,000
1.374,687
3￿,{mI0
1,238,615
1,674.687
1538.615
The finanL7al statcmCJ￿ on pagcs 6 to 17 appmved by Ihe dirrctots aftd auihLviscd for1￿￿ on 14 Odolxr2025 *)d
are signed on theirbehalf by.-
i Gill
Dire(*or
Re￿SleE￿a Company No. 2846784
R¢gisteRd No. l(140208

Haven Tyneside Ltd (by guarantee)
Cash Flow Statement
for the year ended 31 March 2025
2025
2024
Cash flows fr¢xn Operati￿ activltles
Operating profit for the financial year
Adjustments for
DeweciatI￿ of prom. plant and equipment
Int¢rest received
Profit/(loss) on diswtsal prnpwty. pIant and
equipment
Decre&s&(incre&8e) in tTade and other receivables
Increase/(decrease) in trade payables
13A072
14&763
36510
(4.750)
33.167
(5.989)
(6.399)
(11,039)
(23.726)
(Il228)
Net cash fiow from operatiDg athities
150,394
139,987
Cash flow from investing a¢tivilies
Purchase of wopety, plant and equipment
Prncttds from sale t2ngibFe fixed a&sets
Inlerest received
Net rash flow from investiDg aclivilies
(2,928)
(12.470)
4.750
5,989
(6.481)
Net iDcreaseJ(de£rease) in cash and c&8h
eq•ivaleDts
152.216
133506
Cash aNI cash equivalents at the IKgInni￿ of the
1.266,081
1,131575
Cash and cash equivalents at the end oftheyear
Incrttsd(dttre&se) In cash balance
1,418,297
152216
12(6081
133506
13

Haven Tyneside Ltd (by guarantee)
General Ineome and Expenditure Account
for the year ended 31 March 2025
2025
2024
Housing Income
Clwges receivabje (availabje bedsp￿)
Emergency bedspaces
1,428,934
22,482
1.451,416
{13,044)
1267,586
40,862
I J08,448
.25.766
Voids
Charges ￿e1Vable (occupied bedspaces)
,438J72
1,334214
Supporting People Grant
Citywide Homeless CoJrtTact
35,OC(I
72260
1,545,632
71,497
1,465.711
Housing expellditure
Cbaritable expenditure
(1.421.506)
(1,338,737)
Housing surplus for the year
124.126
126,974
Other income
Donations
Interest re￿Ived
4.750
7.196
15.800
5,989
11.946
21.789
SUrplu￿(defiCjt} for the year
136,072
148.763
io

Haven Tyneside Ltd O)y guarantee)
General Income and Expenditure Account
for the year ended 31 Mareh 2025 (continued)
2025
2024
207,395
39,755
11559
2£640
17,481
27.570
11.874
2.757
5,597
24.914
4225
381767
7.113
15.122
4Q593
15.183
Heat and light
Cleaning
Fo(Ml To&letrfftes
&391
21.483
38￿910
1522(K)
1937
13.362
lj157
Svnthies
16
Housing Asx)ciation w¥Krt.v ¢hffBe 717,174
Bad debts
148.847
3.702
10.667
10.809
8,565
638377
13i93
21,7rt)
24,164
21.949
080
OiTr¢ha alld Ji
638
3VIO
1_618
33.166
77
7J52
5.543
11.846
876
5.188
1,019.357
934.840
Govern*Bce ¢0sts
1,665
iQ594
&981
21240
&166
11256
21,130
Totsl ¢knwitable ti￿ndtty¥t
1:421J07
1.33&737
li

Haven Tyneside Ltd (by guarantee)
Notes to the Finaneiydl Statements
for the year ended 31 March 2025
Auwunting policies
GeTrer*l IDf•nMtioD and bAsts of PTepAr*tio
Hav¢D T￿￿)de IAd is a charitoblt compary limited by gurntee in England alld Wate& tn the eve￿ rfthe con¥w
wound ￿ the liabibty iti respect ofthe guarattt¢e is litDited to £1 ptrmember of the o)mpany. The th. of thcregistered
offiL% is provided in the thillistrntsve infthynatiott on page l. The L￿￿panY'S ntsin objective isto ￿lstper￿ idefflitsj
as Iwving housing special needs as defined by HousingAs%)ci*ion l¢gisl&ion.
The charity 1X￿stitU￿8 apubli¢ i*nefit entity as defined by FRS 102. Th¢ fiD￿CIal statements have beenpryared ill
pTepaTft￿ aclow￿ Rn ac￿Eda￿(￿ with thoTrinancial R¢tthing SfaKlard applieabl¢ ill ts UK andRyblic of Ireland
IFRS102 effertrve l Jaujary 2019A the ￿m￿la1 Re￿￿ting SkndaTd appJithIe in the IJK &MI ReythlicofItEI
(FRS102X (JAnp￿jeSAtt 2IMI&
(kntsal fim(L8 are unrestrided fuDds that are availabl¢ at tb¢ dis(Yetion ofthe in the fithberatt￿ ofthe gencral
obJ'eL*iYogofthe iknity.
h￿¢ b¢¢n raised by the thaity forp0AI(x￿arpury)oses.
tem of the grant ty d(malion arenot sp¢¢ifio tbey wereLX)gnised iti thepttiod iD ￿1¢￿ they are reiyived 18
rec4)gnised the djarity is legally entitled to itafter wrorn)an￿ L)xditionshave the am(Amts be
me&sure4J rel1￿>1y. it is pnthblc th&th¢ in(•me wAll be ￿tlY￿AL
year. isreu}g￿1Kd ID the Statement of f￿a￿claI Athivity io the p¢ri(Klto it
Resou￿ wend&l inbluded in th Statanent of Adivities on ￿ x¥xuals ]llL1￿]Ve of any VA'I. ￿ld)
F1*aoci￿ iAs¢rMmtnts
FinanciaI ilLS[n￿ts are classifiefj and a¢￿u￿ted for Ac(x￿dIng to the subthce of the wntracthal mttgetn¢nt a5 financial
as8¢ts ofthe a}m￿Y after(knludllig all of its liabilities.
12

Haven Tyneside Ltd (by guarantee)
Notes to the Finaneial Statements
for the year ended 31 March 2025 (continued)
B*sit fiuntial li%bikne5
Tr•1¢ ¢rcditOK5 djligationstopay forg(Kds and serviLK5 thal have b￿ll acquir￿[ in the ordiw of (ver￿10￿S
from 8Uppli￿5. AnNNJntspayable are da5s¢d as wr¢Dt liabiliti￿ ifpaynKth isduewthin l yearor k&8. B&sic fmancial
liabiliti￿ including ￿edIt(￿￿ ￿ initiaity tr£wised Pri￿ Unless the ardDgowt (wLwlilut&8 a fmanciDg
tkpreciatioll of fiwl as5ds is to writeoff theiroi& less reS1th￿ volu¢ ov¢r ¢S¢1m￿ us¢fyl lives
follows:
F￿h￿Id prottTty
4￿A￿ann￿m straight line
25%ptt stiaight line
of salary bas1& These contiibutions are charged to theincome andexpelldlti￿E aciY>unton anM)nthly b￿19 aq they become
payable ￿ acwrdance Trith then￿£8 ofthe individual pla￿.
Income from dollatlons and Iy¢its
Umrestricted
Funds 2025
2024
Donations
4,750
15.8
4,750
15,800
Income from charitsble activities
UDrestricted
Funds 2025
2024
Housing income
Supporting People grant
Citywide Homeless contract
1.438.372
35.000
72260
1.334.214
60.000
71.497
1,545,632
1,465,711
13

Haven Tyneside Ltd (by guarantee)
Notes to the Finaneial Statements
ror the year ended 31 Mareh 2025 (continued)
Income from investments
UnrnsÉriL*d
Funds 2025
2024
Interest r￿e1ved
7,196
5.989
7,196
5,989
Direelors and employees
2024
Staff eosts
Salaries Cinchjding agency staff)
Social ￿c￿lty c(tsts
Other pensi(m costs
345.766
346.815
29.888
18,(M)2
394,705
15.666
394.41 6
Stsff numbers
No.
No.
Other
12
19
£60.￿1 -
£(Q.¢MN). £711￿0
Totsl salay and empknymeatb¢￿fits receiv￿ bykey MaRagffl￿tPeT￿n￿ during the year arno￿ to
£68.768 {2024:￿68.074) plus pension contribution$ of £3.460 (2024: £3.179).
Direr¢or4
£1￿65 12024 £1,607) ￿l¢b was fortrA)ard meetings aDda christi￿Me81.
The ¢ompwry makes contributions to anpkny¢es' r¢MJal pension pla￿8. The pthsion thaTg¢ repRwtts (x)ntributionspaid to
the iDdividuals pem81 pla￿$ dwing theyear ended 31 Marth 2025 and at the bal￿(% sbeet d* there were
prepaid or outstanding L￿￿rAb￿1(￿.
14

Haven Tyneside Ltd O)y guarantee)
Notes to the Financial Statements
for the ye8r ended 31 March 2025 (eontinued)
T4ngible fixed a55ds
Ing le*ehold Freehold Flxiures and
proFrty
prot*rty
eyipment
Minibus
Total
01-Apr-24
.4dditions
366.571
209229
81.309
25.176
682.285
2,928
31-hXar-24
366571
21Y)229
25.176
685213
DepreeiAtioll
01-Aw_24
Charge for year
On disp&ds
230.266
14.780
143,359
52.(K17
25,176
451,408
36510
31-Mar-25
245.046
151.580
(&116
25.176
487.918
Net book valu¢
31-fvfar-25
121525
136J05
57.649
18.1?I
197295
31-Mar-24
65,870
28.702
Debtors: Amounts falling due within one ye*r
202S
2024
TT&Je debtors
Prepayments and acffl￿d income
41.026
3&279
42,984
29.922
79J05
72.906
Creditor8: Amounts falling dut wlthln one ye2r
2025
2024
Trade creditors
Accnthls and deferred iwAKne
(Xher taxation and social security
1299
29,949
20210
31248
15

Haven Tyneslde Ltd (by guarantee)
Notes to the Finaneial Statements
for the year ended 31 March 2025 (continued)
At 31 M4Tch 2025 th¢ total fu1u￿rnI￿1rnu￿ payments wNl¢r n(x)*anLYllabJe operdtiDg lea￿ were &8 follow5:
Lond #nd Buildings
2025
2024
Expiring: Within one year
19.054
between two and five years
71,452
io.
ReIat¢d ￿rty transaetlfrns
There areno rclated paty trnnwli(VLS th117ng thc year orth¢ pr¢vi(ws year.
ii.
Analysis of net gssets betw¢en th¢ ￿ll￿$
2025
Unreslricted
Funds
2025
2024
Unrestricteql
Fund5
Tot21
Total
Tangible
197295
197,295
230.876
230.876
Net current
assets
1.477J92
1.4773y2
1.307,739
1.307,739
1.674,687
1,674,687
1.538,615
153&615
12. Funds
I" April
2024
Incomlng
Resources
Resources
Expended
31st March
2025
Transfers
General
unrestrfcted fvnd
1,238.615
1,557,578
11,421,506)
1,374,687
Desi
nated funds
Property
investment
300,000-
300,C
Totsl unrestricted
funds
1538.615
1.557,578
(1,421,506)
1,674,687
flats. Tr th5ton¢ pJrch&8¢d in SeptembEr 2025 atacostof 86L
16

Haven Tyneside Ltd O)y guarantee)
Notes to the Financiaj Ststements
for the year ended 31 March 2025 (continued)
Funds- prfor year
l April
2023
Incoming
Resources
Resources
Expended
31 March
2024
Transfers
General
Unrestrlcted fund
1.389,852
1.487500
(1,338.737)
(300,0￿)
1.238,615
Designated funds
300,000
300,0(KI
Total Funds
1389052
1.487500
(1,338.737)
1.538.615
13. Net debt reeonciliatio
C&8h Flows
3]st March
2024
2￿25
Cash at bank and at hand
1266.081
152
1.418297
Net C&sh surplus
17

Haven Tyneside Ltd (by guarantee)
Independent Auditors Report
for the year ended 31 March 2025
Opinlon
We have audlted the flnanclal statements of Haven Tyneside Ltd (the 'charitable companV) for the
year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet,
cash flow statement, the general income and expenditure account and notes to the financial
statements, including a summary of signi￿ant accounting policies. The financial reporting framework
that has been applied in their preparation is applicable law and United Kingdom Accounting Standards,
including Flnancial Reporting Standard 102 The Finanaal Reporting Standord applicable in the UKand
Republic of Ireland Iunlted Kingdom Generally Accepted Accounting Practice).
In our oplnlon the financial Statements:
give a true and fair view of the state of the charltable cornpanrfs affalrs as at 31 March 2025, and
of its incoming resources and application of resources, including its incorne arHI expenditure. for
the year then ended;
have been property prepared in accordan￿ with United Kingdom Generally Accepted Accounting
Practice; and
have been prepared in accordance with the requirements of the Companie5 Art 2006.
Basts for oplnion
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 Auditorfs
sponsibilit￿5 for the aud5t of the financial Statements section of our report. We are independent of
the charitable company in accordance wlth the ethical requirements that are ￿leVant to our audit of
the financial statements in the UK induding the FRCS Ethical Standard, and we have fulfilled our other
ethical responsibilities in accordance with these requlrements. We believe that the audit evidence we
have obtained 15 sufficient and appropriate to provide a basis for our opinion.
Concluslons relatlng to going wncern
In auditing the financial statements. we have concluded that the trustees, use of the going concern
basis of accounting in the preparation of the flnancial statements is appropriate.
Based on the work we have performed. we have not identified any material uncertalnties relating to
eveirts or conditions that, Individually or collecttvely, may cast significant doubt on the charltable
companvs ability to continue as a going con￿rn for a perfod of at least twefve months from when the
financial statements are airthorised for issue.
Our ￿spOnsibl11t1es and the responsibilitie5 of thetrustees with respectto going concern are described
in the relevant sectlons of this report.
18

Haven Tyneslde Ltd (by guarantee)
Independent Auditors Report
for the year ended 31 March 2025 (continued)
The other information comprises the information included in the trustees, annual report, other than
the financial ststements and our auditors. report thereon. The trustees are responsible for the other
information contained within the annual report. Our opinion on the financial statements does not
cover the other information and. except to the extent otherwise and explicitty stated in our report,
we do not express any form of assurance conclusion thereon. Our responslbility is to read the other
inforniation and, in doing so. consider whether the other information is materially inconsistent with
the financial statements, or our knowledge obtained in the course of the audit or otherwtse appears
to be materially misststed. If we identify such material inconsistencies or apparent material
misststements, we are required to determine whether this gives rise to a materlal misstatement in
the financial statements themselve5. 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 Tegard.
Opinlons on other matter5 prescrlbed by the Compa￿$ Art 2006
In our opinion. based on the work undertaken in the course of the audit:
the information given in the trustees, report (incorporating the directorg re￿rt for the purposes
of company law) foT the financial year for whlch the financial statements are prepared is
consistent with the financial statements- and
the directors, le￿rt included within the trustees, report has been prepared in accordan￿ with
applicable legal requirements.
Matters on whlth we are requbred to report by exception
In the light of our 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 direttors.
report included within the trustees, report.
We have nothing to report in respect of the following matters In relation to whfjch the Companies Act
2006 requires us to re￿rt to you if, in OUT opinion:
adequate accounting records have not been kept. or returns adequateforouraudit have not been
received from branches not visited by us: or
the fjnancial ststements are not in agreement with the accountlng records and returns; or
rtain disclosures of directors, remuneration specified by law are not made: or
we have not received all the information and explanations we require for our audit," or
the trustees were not Èntitled to prepare the flnancial Statements in accordance with the small
companies. regime and take advantage of the small companies. exemptions in preparing the
directors report and from the requirements to prepa￿ a strategic report.
19

Haven Tyneside Ltd (by guarantee)
Independent Auditors Report
for the yeAr ended 31 March 2025 (continued)
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statement, the trustees (who are atso the
dirertors 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 detemiine is necessary to enable the preparation of financial
statements that are free from rnaterial misstatement. whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable
companvs ability to continue a5 a going concern, disdosin& as applicable, matters related to going
c0ft￿rn and using the going concern basis of accounting unless the trustee5 either intend to liquidate
the charitable company or to cease operations, or have no realistic alternatlve but to do so.
Audltorfs responsibilitles for the audlt of the ffinanclal 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 i55ue an auditorfs report
that includes our opinion. Reasonable assuran￿ is a high level of a$5urance but is not a guarantee
that an audit condutted in accordance with1SAs (UK) will always detect a material misstatement when
it exists. Misstatements can arise from fraud or error and are conside￿d material rf. individually or in
the aggregate, they could reasonabfy be expected to Influence the economlc decisions of users taken
on the basis of these financial statements.
A further description of our re5ponsibilvties for the audit of the financial statements 15 located on the
Financial Reporting Council's v￿bsIte at". www.frc.org.uk/auditorsre5ponsibilities. Thls description
forms part of ouraudrto¢5 report.
Extent to which the audlt was consldered capable of detecting Irregularitie5. including fraud
Irregularitie5, including fraud, are inStan￿S of non-compliance with law5 and regulations. We design
procedure5 in line with our responsibilities. outlined above and on the Financial Reporting Council's
website. to detect material misstatements in respect of irregularitie5, including fraud.
We obtain and update our understanding of the entity. its activities, its control environment. and likety
future developments, including in relation to the legal and regulatory framework applicable and how
the entity is complying with that framework. Based on this understandin& we identify and asse55 the
risks of material misstatement of the financial statements, whether due to fraud or error, design and
perfomi audit procedures responsive to those risks, and obtain audit evidence that is suffjcient and
approprlate to provide a basis for our opinion. This indudes consideration of the risk of acts by the
entity that were contrary to applicable laws and regulations, induding fraud.
20

Haven Tyneside Ltd (by guarantee)
Independent Auditors Report
for the year ended 31 March 2025 (continued)
In response to the risk of irregularities and non-compliance wlth laws and regulations, including fraud,
we deslgned procedures which included:
Enquiry of management and those charged with governance around actual and potential
litigation and claims as well as actual, suspected and alleged fraud,.
Reviewing minutes of meetlngs of those charged with 8overnance;
Assesslng the extent of compliance with the laws and regulatlons considered to have a direct
material effect on the financial statements or the operations of the company through enquiry
and inspection,.
Reviewing financial statement disclosures and testln8 to supporting documentatlon to asse55
compliance with applicable laws and regulations;
Performing audit work over the risk of management bias and override of controls, Including
testing of journal entries and other adjustments for appropriateness, evaluating the business
rationale of significant transactions outside the normal course of business and reviewing
accounting estimates for indScators of potential bias.
Because of the field In which the client operates, we identified the following areas as those most likely
to have a material impact on the financial statements. health and safety; employment laws,"
compllance; safeguarding and compllance with landlord property requirements.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities,
includingthose leading to a material mlsstatement in the financial statements or non-compliance with
regulation. This risk increases the more that compliance wlth a law or regulation is removed from the
events and transactions reflected in the financial statements, as we will be less likelyto become aware
of instances of non-compliance, The risk of not detecting a material mlsstatement resulting from fraud
is higher than for one resulting from error, as fraud may Involve collusion, forgery, intentional
omissions, misrepresentatlons, or the override of internal control.
Use of our report
This report is made solely to the charitable companvs members, as a body, in accordance with
Chapter3 of Part 16 of the CompaniesAct 21J36. Ouraudit work has been undertaken so that we might
state to the charltable companws members those matters we are requlred to state to them in an
auditorfs 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 companVs
member5 as a body, for our audit work, for this report, or for the opinions we have formed.
Joanne Regan FCA {Senlor Statutory Audltor)
For and on behalf of Azets Audlt serv1￿S
Chartered Accountants
th
12 November 2025
ststutory Audltor
Bulman House
Regent Centre,
Henry Street,
Newcastle upon Tyne.
NE3 3LS.
21