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← Signposts (Luton)

2025-03-31-accounts

Registered Company No: 2914936 Registered Charity No: 1040860

SIGNPOSTS (LUTON)

ANNUAL REPORT & FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2025

SIGNPOSTS (LUTON)

CONTENTS Page
Legal andAdministrative Information 2
Messagefrom the Chair ofTrustees& theCEO 3
Report ofthe Trustees 4-12
Independent Auditors’ Report to theMembers 13-16
Statement ofFinancial Activities 17
Balance Sheet 18
CashFlow Statement 19
NotestotheFinancialStatements 20-29

' SIGNPOSTS (LUTON)

LEGAL AND ADMINISTRATIVE INFORMATION

The Trustees who servedduring the financial yearwere as follows: The Trustees who servedduring the financial yearwere as follows:
Trustees: CVanschagen
LWard
AHyde
CNewbery
DBall (Chair)
C Slough
K Lee
JWilliams (resigned 25/09/2025)
J Little
M Tzaig
Trustees are appointed by the Board of Trustees in a
general meeting. The number nearest to one third of
Trustees shall retire by rotation at each Annual General
Meeting andmay offerthemselves for re-election.
ChiefExecutive Officer T Archbold
FinanceManager LNutt
Registered Office: Unit 6 Titan Court, LaporteWay,
Luton, LU4 8EF
Auditors: SafferyLLP
71 Queen Victoria Street
London
EC4V 4BE
Solicitors: Russell-Cooke
2 Putney Hill
Putney
London SW15 6AB
Bankers: NatWest
31 George Street
Luton LUI 2YN
CAF Bank
25 Kings HillAvenue
West MallingME19 4TA
CompanyNo: 2914936
CharityNo: 1040860
Constitution: Signposts (Luton) is a registered charity and a company
limitedby guarantee, registered in England. It is governed
by its memorandum and articles ofassociation dated 31st
March1994,

Page 2

SIGNPOSTS (LUTON)

MESSAGE FROM THE CHAIR OF TRUSTEES & THE CEO FOR THE YEAR ENDED 31 MARCH 2025

It is a privilege to present this year’s Trustees’ Annual Report, reflecting a year of remarkable resilience, progress, and profound commitment to our mission. Throughout 2024/25, Signposts has weathered significant external challenges while remaining steadfast in its dedication to providing transformative support to individuals experiencing homelessness. Our focus on service transformation, financial stability, and the wellbeing of both staff and clients has shaped every strategic decision we’ve made.

Over the past year, Signposts has consistently demonstrated the strength, agility, and clarity of purpose that define our organisation. Despite a challenging financial and policy environment, we have delivered outstanding outcomes for our clients, maintained high-quality services, and closed the year with a strong financial position—including an end-of-year surplus and the highest housing benefit collection rate in over four years.

This success is the result of a collective effort. We are particularly proud of the cultural shifts we have embedded across the organisation—progressing towards a psychologically safe environment where everyone has the freedom to learn, grow, and lead with accountability. Our commitment to co-production and advancing equity, diversity, and inclusion has deepened, and our values are now more visible in how we engage with one another and with those we support.

As Chair and CEO we are proud of the exemplary leadership demonstrated by our colleagues, the robust partnerships we have cultivated, and the strengthening culture of psychological safety within the organisation. With our continued focus on innovation, prevention, and collaboration, we are well-positioned to navigate the opportunities and challenges that lie ahead.

On behalf of the Board and the Senior Leadership Team, we extend our sincere thanks to our trustees, staff, volunteers, funders, and partners for their unwavering trust, expertise, and dedication to addressing homelessness with compassion and purpose.

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David Ball . Tim Archbold
Chair of the Trustees CEO
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2025

Page 3

~ SIGNPOSTS (LUTON)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

The Trustees, who are also directors of the company, present their annual report on the affairs of the Charity, together with the Accounts and Auditors’ Report for the year ended 31 March 2025. The annual report and financial statements have 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) — second edition.

Principal objects and activities

The objects of the Charity, as stated in its memorandum of association, continue to be to offer accommodation and support to persons between the ages of 16 to 65 years who are homeless and in need of support by skilled workers to assist them to reintegrate back into the community.

The Trustees have reviewed the Charity Commission’s statutory guidance on public benefit and have ensured that it is taken into account, both in the day-to-day management of the Charity and in the planning for the future. The Trustees are satisfied that all of the Charity’s activities very clearly provide public benefit.

Organisational Structure

The Charity is wholly based in the UK having its Head Office in Luton and ten projects in Bedfordshire & Luton. General policy is determined by the Trustees of the Charity. The main Board of Trustees are supported by three sub-committees: one dealing with operational matters, one with people and HR and the other with finance. Day to day management is delegated to the Chief Executive Officer and the Senior Leadership Team.

Pay and remuneration for key management personnel are benchmarked against the ACEVO Pay Survey covering salaries and benefits.

Recruitment, induction, and training of trustees

At all levels of the organisation, Signposts (Luton) seeks to reflect the community it serves, this includes the appointment of trustees. In the past we have used a Trustee Recruitment programme delivered by Getting on Board. Getting On Board are well respected Trustee Recruitment specialists who contributed to the review of the Charity Governance Code. This programme concentrated on designing and targeting Trustee recruitment to further diversify Signposts board membership.

Review of activities

Signposts (Luton) remains focused on the provision of supportive accommodation and the provision of support in the community. Signposts (Luton) has a full complement of skilled workers who provide this support.

Aim

Signposts (Luton)’s aim is to help clients achieve their own maximum potential to live and develop in the community.

Mission

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SIGNPOSTS (LUTON) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Support working

A support worker is allocated to everyone when he/she enters our service. The support is intended to be holistic, and the support worker will provide support in the following areas:

The Charity uses many forms of performance measurement to ensure the aims of the Charity are met. These include measuring utilisation and void management as well as the efficiency of outcomes of residents and numbers returning to the community with/without further support.

Performance

The Charity uses many forms of performance measurement to ensure the aims of the Charity are met. These include: measuring utilisation and void management as well as the efficiency of outcomes of residents and numbers returning to the community with/without further support.

During the year, the total number of hostel resident rooms was 167. The utilisation target was 90.3% and the actual was 95.56%. There were 439 users of the service, the efficiency target 71.3% and the actual was 68.51%, which is largely due to the rising levels of complexity within our client base and suitability of our support offer to meet these rising levels. Our Housing Related Support contracts are aimed at low to medium levels of need and therefore we are not funded to deliver the level of support some clients require. However quite often our service is the only service available.

The Charity manages one project for people with long term support needs. This project has not been included in the above targets.

Significant Developments

Following last year’s renegotiated two year extension on our Housing Related Support contract with Luton Council progress towards a new service specification has been slow. Luton Council have now appointed a permanent Head of Adult Commissioning and a further 1 year extension to our current contract is being recommended to the Council Executive. This additional year will be used to design a Single Homeless Pathway for Luton. This is expected to be a co-produced piece of work and will align ail current contracts/services whilst undertaking a full needs assessment for Luton. Signposts will be fully involved throughout this process.

Following the closure of SP1 last year we are exploring potential development opportunities at our other sites, this has been on hold during the recent Exempt Accommodation Review but remains a strategic objective.

We have submitted a bid to extend our contract with Central Bedfordshire for a further year, once a decision has been reached by the Council we shall then start lobbying support to develop a Supported Accommodation Strategy for Central Bedfordshire that aligns with the Supported Accommodation Regulatory Oversight Act 2023, we shall also look to support Central Bedfordshire and Luton Council’s in implementing the act.

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SIGNPOSTS (LUTON) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Contribution of Volunteers

Several volunteers from the local community along with current and ex clients support our work in a variety of ways.

Finance and accounts review

Signposts sources of income includes rental income from clients, contract income from Luton Borough Council and Central Bedfordshire Council along with a small number of donations and fundraising activities.

The Charity has £2,437,006 of assets less current liabilities (2024: £2,390,268), of which £1,991,482 are fixed assets (2024: £2,026,095). The Charity has £547,647 of cash balances (2024: £462,590).

Signposts (Luton) aims to achieve break-even between the operating income and expenditure at its projects. Any surpluses are used in subsequent years to improve and expand the services provided to clients.

Risk Review

The table below summarises the most significant risks across each strategic area of the organisation, including their potential effects, current mitigation measures in place, and planned actions to reduce risk further. Risks are ordered by gross risk score (likelihood x impact) and represent areas of focused oversight. The main risk areas are listed below:

|Transformation | Failureto achievekey
projectmilestones.|Transformation | Failureto achievekey
projectmilestones.|-The delayed
implementation|-Astructured projectplanwithclearly
| allocated tasksandduedates ensures|| Quarterlyby
| FullBoard| |---|---|---|---|---| |||ofagreedbudget | accountabilityandprogress tracking.||| |||- leading to|-Anowneroversees the plan,|| |||financial|supportedbyweeklySLT review|| |||insecurity.|meetings tomonitorprogress.|| |||-Inability to|-Regularupdates to the Board of|| |||complete
dependenttasks|Trustees andrelevantsubcommittees
| ensure effective oversightandtimely|| ||||decision-making.|| |Strategy and|Failure to achieve|-Failure to|-Regularreviews ofthe Charity|Quarterlyby| |Governance|performance objectives
outlinedbythe Charity|| complywiththe
| Charity|| GovernanceCode ensure alignment
withbestpractice.|FullBoard| ||Commission.|Governance|-Suggested actions arepresented to|| |||Code|the full Board ofTrustees for|| ||||consideration and implementation,|| ||||promoting ongoing governance|| ||||improvementandaccountability.||

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SIGNPOSTS (LUTON)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

|Operational|||The following|-Service|-Have robustIT andcybersecurity|Quarterly at| |---|---|---|---|---|---| |||operationalsystems fail: | deliveryand||measures to ensure service continuity|Operations| |||1. Server|back-office|anddataprotection.|Sub-| |||2. CCTV|functions are|-To include amanaged IT service|committee.| |||3. Inform|compromised.|contractwith StormIT, secure cloud|| |||4. SAGEHR
5. SAGE|-Potential
GDPRbreach if|backup servers, andmobilehotspots for
| access during outages.|| |||6. Email|sensitive|-Firewalls, anti-cyber-attack software,|| ||||information is|and two-factor authentication on|| ||||accessed.|mobile devices further enhance|| |||||cybersecurity.|| |||||-All staffhave access to Office 365,|| |||||enabling secure and flexible work.|| |||||-Regular cybertraining andreminders|| |||||promote a culture ofvigilanceand|| |||||digital safety.|| |Finance||Changes to benefits|-Reduction in|-Inresponseto potential changes to|Quarterly at| |||system|rentswe can|LEC rent levels, we developed and|Finance Sub-| ||||charge,
payments direct
to clients, harder
to claim.|implemented acomprehensive
| mitigationplan. -Thisincluded drafting
| aformalresponse letter toLBC,
producinga revised organisational|committee| |||||structure, and conducting long-term|| |||||stress testing and financial forecasting.|| |||||-We also activated strategic escalation|| |||||plans, engaged with localMPs,|| |||||Government contacts, andHomeless|| |||||Link, and deployed acommunications|| |||||plan to mobilise socialmedia|| |||||engagement and publicbacking.|| |People/HR||Staffmalpractice or|-Safeguarding|-Have a well-structured framework for | Quarterly at|| |||misconduct|reviews|effective staffmanagement,|People-HR| ||||-Reputational|safeguarding, andorganisational|Sub-committee| ||||damage|accountability.|| ||||-Potential abuse
-Compensation|| -This includesrobustrecruitmentand
| employmentprocesses like reference|| ||||claims|checks,DBS checks, clearjob|| |||||descriptions, contracts, regular one-on-|| |||||ones, appraisals, andfeedback|| |||||mechanisms.|| |||||-Key policies on whistleblowing,|| |||||discipline, grievance, andsafeguarding|| |||||are regularlyreviewed.|| |||||-All staffhave access to a staff|| |||||workbookand mustcomplete|| |||||mandatory training aligned to their|| |||||roles.|| |||||-Regular reporting to thePeople Sub-|| |||||Committee ensures transparency,|| |||||compliance, and continuous|| |||||improvement inworkforce|| |||||management.||

We are committed to regular reviews of our safeguarding policy and provide training for all trustees, staff and volunteers.

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SIGNPOSTS (LUTON) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Reserves policy

The Trustees have considered the need for the charity to maintain a level of free reserves that supports its ongoing sustainability and ensures that service users receive uninterrupted care in the case of short term funding delays. In particular, in agreeing the optimum level of reserves they have considered the current cash flow projections of the charity, future plans, the availability of funding and the ability to reduce costs on a medium-term basis if the need arose without causing undue problems for service users.

The Trustees have calculated a prudent level of reserves based on their budget for the coming year. In assessing the optimum level, they have useda stratified approach to assessing salary costs, overheads and the cash outlay on mortgages as each would need to be managed differently if there was a reduction in funding. The level of reserves that would be optimum is therefore in the region of £500,000 to £550,000.

At 31 March 2025 the charity held free reserves of £441,029, an increase from the 2024 figure of £397,148. This figure excludes land and buildings such as the charity’s investment in the properties used to carry out its core business, and associated mortgages. These are not considered realisable if the charity is to continue with the current level of service provision. This figure does include fixtures and fittings as the charity believes they could be converted into cash if required and form part of the working capital. The Trustees realise that moving to a level of reserves at the optimum level will be challenging, nevertheless they are focussed on ensuring the charity’s long-term stability and will engage with funders with the clear objectives of growing this level of working capital. However, they believe that were a crisis to occur they would be protected by their investment in fixed assets.

Fundraising

The Trustees take their responsibility under the Charities (Protection and Social Investment) Act 2016 seriously and have considered the implications on their activities. The Charity does not work directly with commercial sponsors in relation to fundraising. The Trustees are not aware of any complaints made in respect of fundraising during the period. We continue to look to expand our Corporate and Community Fundraising activities in line with future strategic objectives, this also includes more charitable grant applications to improve our portfolio of properties.

Luton

Despite a continued shortage of affordable housing and increasingly complex client needs, Signposts has demonstrated outstanding service delivery outcomes throughout 2024/25. We have achieved an impressive overall occupancy rate of 95.56%, just 0.43% below last year’s benchmark of 95.99%. This marginal variance is notable in the context of major service changes and ongoing market volatility. Quarter 4 saw a particularly strong close to the year, with occupancy peaking at 98.10%, a 1.37% increase on Q4 2023/24. Special recognition is due to the teams at Sapsworth House, Guildford Hall, James Court and Dunstable, all of whom exceeded expectations.

In terms of client outcomes, positive move-ons increased by 18 individuals compared to 2023/24, rising from 76 to 94. This was achieved despite a decrease in the availability of move-on options. Meanwhile, negative move-ons fell dramatically from 122 to 84, indicating that preventative approaches and client-focused interventions are working. Internal moves held steady with a slight increase (from 86 to 91), reflecting improved client progression planning. Overall, Signposts admitted 284 individuals during the year, a slight decrease from 314, but ensured that all admissions were safely and appropriately accommodated.

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SIGNPOSTS (LUTON)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Void management also improved significantly. Total void days dropped from 1,784 in 2023/24 to 1,493 in 2024/25, representing a reduction of 291 days. This includes 72 fewer maintenance void days and a particularly notable decrease of 251 ready void days, saving approximately £16,962 in potential lost revenue. As a result, void-related costs reduced from £103,989.36 to £87,026.97, a year-on-year saving of nearly £17,000.

These improvements across occupancy, move-ons, admissions, and financial stewardship collectively demonstrate the strength, flexibility, and trauma-informed commitment of the Signposts team.

Central Bedfordshire

Our Central Bedfordshire services continued to deliver vital, person-centred support to young people and adults facing homelessness, achieving high levels of engagement, stability, and meaningful outcomes despite increasing levels of complexity.

Across the year, the service maintained high occupancy and throughput levels, supported a significant number of clients to sustain accommodation, and facilitated several positive move-ons into independent living.

Staff worked closely with clients to co-produce activities, support mental health needs, and develop individual pathways into housing and employment.

Notable successes included two people, both of whom were supported through the housing register and successfully moved into permanent homes with full backing from Signposts staff.

Two others similarly demonstrated impressive progress, transitioning through second-stage accommodation and moving into settled housing with renewed independence and optimism.

While some clients faced challenges, the service remained consistent in applying safeguarding protocols and maintaining high standards of accommodation safety and support.

The diversity of case outcomes reflects the responsive, trauma-informed approach adopted by the team, helping individuals build resilience, regain confidence, and prepare for life beyond homelessness.

Strategic Partnerships

As Chair of the Luton Homeless Partnership, our CEO has played a pivotal leadership role in shaping the local strategic response to homelessness. This has included leading negotiations with Luton Borough Council in relation to the exempt accommodation review process, ensuring that Signposts and other providers maintain compliance while advocating for fair and sustainable funding arrangements.

Additionally, our CEO has coordinated a collective partnership response to the Government’s consultation on the Supported Housing (Regulatory Oversight) Act, ensuring that the views of local providers and the experiences of those supported are reflected in national policy development.

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' SIGNPOSTS (LUTON)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Structure, Governance and Management

Signposts is governed by a board of trustees who meet quarterly and oversee three subcommittees: Operations, People, and Finance. During the year, a new Trustee Code of Conduct was adopted, and governance structures were strengthened with specific risk registers for each committee. Data protection measures were advanced, including the adoption of a bespoke data protection framework.

Future Plans

In the forthcoming year, Signposts will continue to execute its transformation plan, explore strategic property acquisitions, and commemorate its 40th anniversary.

Simultaneously, substantial investment in digital systems and collaborative service design with clients is anticipated.

Furthermore, funding diversification initiatives and enhanced engagement with the Luton Homeless Partnership are planned. This engagement will centre on the implementation of the Supported Accommodation Regulatory and Oversight Act, as well as the establishment of a Homelessness Prevention working group.

This working group will be responsible for designing and implementing a comprehensive Homelessness Prevention Strategy that harmonises seamlessly with the Luton Council’s 2040 vision.

Social Justice and Equity

At the heart of Signposts’ mission is a commitment to social justice—the pursuit of a society in which all individuals have equal access to rights, opportunities, and dignity, regardless of their background or circumstances. Every day, many of our clients and staff continue to experience the harmful impacts of structural inequality, poverty, discrimination, and social exclusion. Our work is shaped by a deep understanding that these barriers cannot be overcome through service delivery alone, but require intentional action to challenge inequity and amplify lived experience.

We ground our approach to social justice in five interdependent strands:

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SIGNPOSTS (LUTON) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

These principles underpin our wider efforts to improve our social impact and reimagine what long-term recovery from homelessness can look like in Luton and Central Bedfordshire. We know that homelessness does not end at the point of accommodation, and too many people return to us because of a lack of secure, stable housing in the community. In response, we are actively exploring how to shift the balance of our offer—developing a more sustainable pathway that includes move-on accommodation and, potentially, purpose-built housing that integrates different stages of recovery. This could include a mix of supported transitional and private tenancies that enable long-term stability and community reintegration.

We remain committed to strengthening our psychologically informed and trauma-responsive services, particularly for individuals with the most complex needs. However, we recognise that to maintain and grow this approach, we must develop a sustainable funding model that matches the reality of the work.

We are proud to be a service that is open to all, but we also recognise the value of specialist responses. In the coming year, we will explore whether we should offer more focused services for specific groups, and how this might complement our existing provision. Crucially, we will do this in partnership with those we support. Our commitment to co-production is not just a principle—it is a practice. We know that genuine collaboration takes time, care, and consistent invitation, and we are investing in the capacity to make this meaningful.

Finally, we recognise that we do not work in isolation. We are committed to listening to and learning from our partners in Luton and Central Bedfordshire to ensure that the wider system of services meets the evolving needs of people experiencing homelessness. Together, we believe a more just, inclusive and connected community is possible—and we are proud to play our part in achieving it.

Climate Change

Signposts recognises that climate change poses a significant and growing risk to the communities we serve, particularly those already facing housing insecurity and social disadvantage.

We are committed to playing our part in creating a more sustainable and resilient future. This includes working to reduce our organisational carbon footprint, exploring energy-efficient improvements across our properties, and embedding environmental considerations into our procurement, waste management, and transport practices.

As part of our broader strategic development, we are actively seeking ways to align our service delivery and capital planning with local and national sustainability goals.

We also recognise the value of engaging staff and clients in conversations about environmental responsibility and will continue to build awareness and action across our organisation.

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‘' SIGNPOSTS (LUTON) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

Statement of Trustees’ responsibilities

The trustees (who are also directors of Signposts (Luton) for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice),

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

Auditors

A resolution proposing the re-appointment of Saffery LLP as auditors to the company will be put to the annual general meeting.

Approved by the Trustees and signed on their behalf by

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SIGNPOSTS (LUTON) INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS FOR THE YEAR ENDED 31 MARCH 2025

Opinion

We have audited the financial statements of Signposts (Luton) for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information we are required to report that fact.

We have nothing to report in this regard.

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Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report.

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

Responsibilities of trustees

As explained more fully in the Trustees’ Responsibilities Statement set out on page 14, the trustees (who are also directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditors under the Companies Act 2006 and report in accordance with regulations made under that Act.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

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INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS FOR THE YEAR ENDED 31 MARCH 2025

SIGNPOSTS (LUTON)

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud are detailed below.

Identifying and assessing risks related to irregularities:

We assessed the susceptibility of the charitable company’s financial statements to material misstatement and how fraud might occur, including through discussions with the trustees, discussions within our audit team planning meeting, updating our record of internal controls and ensuring these controls operated as intended. We evaluated possible incentives and opportunities for fraudulent manipulation of the financial statements. We identified laws and regulations that are of significance in the context of the charitable company by discussions with trustees and updating our understanding of the sector in which the charitable company operates.

Laws and regulations of direct significance in the context of the charitable company include The Companies Act 2006, and guidance issued by the Charity Commission for England and Wales.

Audit response to risks identified:

We considered the extent of compliance with these laws and regulations as part of our audit procedures on the related financial statement items including a review of financial statement disclosures. We reviewed the charitable company’s records of breaches of laws and regulations, minutes of meetings and correspondence with relevant authorities to identify potential material misstatements arising. We discussed the charitable company’s policies and procedures for compliance with laws and regulations with members of management responsible for compliance.

During the planning meeting with the audit team, the engagement partner drew attention to the key areas which might involve non-compliance with laws and regulations or fraud. We enquired of management whether they were aware of any instances of non-compliance with laws and regulations or knowledge of any actual, suspected or alleged fraud. We addressed the risk of fraud through management override of controls by testing the appropriateness of journal entries and identifying any significant transactions that were unusual or outside the normal course of business. We assessed whether judgements made in making accounting estimates gave rise to a possible indication of management bias. At the completion stage of the audit, the engagement partner’s review included ensuring that the team had approached their work with appropriate professional scepticism and thus the capacity to identify non-compliance with laws and regulations and fraud.

There are inherent limitations in the audit procedures described above and the further removed noncompliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion. A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

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SIGNPOSTS (LUTON)

INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS FOR THE YEAR ENDED 31 MARCH 2025

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

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en eld ond a secpnenaneoennanausennacussanccusss:
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Cara Turtington (Senior Statutory Auditor) for and on behalf of Saffery LLP

Statutory Auditors 71 Queen Victoria Street

London

EC4V 4BE

Date: om Ock ober 2O2S

Saffery LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006

Page 16

SIGNPOSTS (LUTON)

STATEMENT OF FINANCIAL ACTIVITIES (Incorporating the Income and Expenditure Account) FOR THE YEAR ENDED 31 MARCH 2025

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|||||||||| |---|---|---|---|---|---|---|---|---| |Income funds|Total|Total| |£|-|£|£| |Notes|Unrestricted|Restricted|2025|2024| |Income|and|endowments|from:| |Donations|and Fundraising|2|15,496|6,600|22,096|49,080| |Investment|income|2,514|-|2,514|680| |Charitable|activities:| |Hostel|Accommodation &|Support|2|3,193,258|4,100|3,197,358|3,418,019| |Other|2|13,181|-|13,181|12,866| |Total|income|and endowments|3,224,449|10,700|3,235,149|3,480,645| |Expenditure|on:| |Raising|funds|95,191|-|95,191|57,984| |Charitable|activities:| |Floating|Support|and Outreach|3|-|-|-|-| |Hostel|accommodation &|Support|3|3,059,830|11,011|3,070,841|3,340,340| |Total|expenditure|3,155,021|11,011|3,166,032|3,398,324| |Net|income/(expenditure)|69,428|(311)|69,117|82,321| |Transfer between|funds|1,598|(1,598)|-|-| |Net movement|in funds|71,026|(1,909)|69,117|-| |Reconciliation|of funds:| |Total|funds|brought|forward|12,13|1,130,320|5,461|1,135,781|1,053,460| |Total funds|carried forward|1,201,346|3,552|1,204,898|1,135,781|

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The accounts have been prepared on the basis that all operations are continuing.

The statement of financial activities contains all recognised gains and losses for the year.

The notes on pages 22 to 31 form part of these financial statements

Page 17

' SIGNPOSTS (LUTON)

BALANCE SHEET

AS AT 31 MARCH 2025

Total Total
Notes 2025 2024
£ £
Fixed assets
Tangible assets 8 1,991,482 2,026,095
Total fixed assets 1,991,482 2,026,095
Current assets
Debtors 9 169,146 227,924
Cash at bank and inhand 547,647 462,590
Total current assets 716,793 690,514
Liabilities
Creditors:
Amounts falling due
within one year 10 (271,269) (326,984)
Net current assets 445,523 363,530
Total assets less current liabilities 2,437,006 2,389,625
Creditors: Amounts falling due after
morethanoneyear i (1,232,108) (1,253,844)
Total net assets 1,204,898 1,135,781
Thefunds ofthe charity:
Income funds
- Restricted 13 3,552 5,461
- Unrestricted 12 1,201,346 1,130,320
Total funds 1,204,898 1,135,781
The notes onpages 22 to 31 form part ofthese financial statements
Approvedby the trustees and signed on theirbehalfby:
DavidB
Trustee		 om LesWard
Trustee
20/4/ 2025

Registered Company Number: 2914936

Page 18

SIGNPOSTS (LUTON)

CASH FLOW STATEMENT YEAR ENDED 31 MARCH 2025

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Total|Total| |Note|2025|2024| |£|£| |Cash|flows|from|operating|activities:| |Net|cash|provided|by|/|(used|in)|16|173,550|397,688| |operating|activity| |Cash|flows|from|investing|activities:| |Interest|from|investments|2,514|680| |Proceeds|from|sale|of property,|plant|&|100|9,001| |equipment| |Purchase|of property,|plant &|equipment|(72,443)|(1,335,179)| |Net|cash|provided|by|/|(used|in)|(69,829)|(1,325,498)| |investing|activities| |Cash|flows|from|financing|activities:| |Repayments|of borrowing|(18,664)|(34,862)| |Cash|inflows|from|new borrowing|-|1,272,218| |Net|cash|provided|by|/|(used|in)|(18,664)|1,237,356| |financing|activities| |Change|in|cash &|cash|equivalents|in|the| |reporting|period|85,057|309,546| |Cash &|cash|equivalents|at|the|beginning| |of the|period|462,590|153,044| |Cash|&|cash|equivalents|at|the|end|of| |the period|547,647|462,590| |Net|debt|reconciliation| |At|start|Cash|Other|Non-|At|end| |of year|Movement|Cash Movement|of year| |Cash|462,590|85,057|-|547,647| |Loans|falling| |due|within|(18,374)|18,664|(21,739)|(21,449)| |one|year| |Loans|falling| |due more|(1,253,844)|-|21,739|(1,232,105)| |than|one|year| |NET DEBT|—|(809,628)|103,721|-|(705,907)|

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Page 19

' SIGNPOSTS (LUTON) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

The financial statements have been prepared in accordance with the Charity Commission Statement of Recommended Practice — Accounting and Reporting by provisions of 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).

The financial statements are prepared in pounds sterling, which is the functional currency of the charity.

At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. The Trustees confirm that the charity is a public benefit entity.

1.2 Funds Unrestricted funds: These comprise net accumulated surpluses and are available for use in the furtherance of the charitable objectives of the company.

Restricted funds: These are funds and assets subject to specific conditions imposed by the donors. It is the company’s policy to use restricted funds before unrestricted funds where they are available. Designated funds: These are funds identified by the Trustees for the specific future needs of the charity and to support its continued smooth running. They have been set aside and do not form part of the free reserves but they can be spent at the Trustees’ absolute discretion.

1.3 Income Resources arising include the total receivable by the company from all its charitable activities. Rental income from clients is shown net of bad debts to reflect the client group with whom we work. Incoming resources in the form of donated assets have been included in the SOFA at a reasonable estimate of their value, taking into account the market value of the assets and comments made by the donor. Gifts in kind received in the year had a value of £5,461.

Grants receivable are accounted for when there is sufficient information to enable the claim to be made or the claim has been made and there is clear indication to suggest the claim will be met.

The costs of charitable activities include all costs directly attributable to those activities. In addition, any costs that cannot be directly attributed to the charitable activities have been allocated to those activities on a basis consistent with the use of those resources. In general, overheads have been allocated on the basis of staff time spent on the different activities and projects.

Page 20

SIGNPOSTS (LUTON)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1.4 Expenditure Governance costs comprise external audit costs, legal advice relating to governance and constitutional matters, trustee meeting expenses and costs of preparing the statutory accounts.

1.5 Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Assets over £500 are capitalised.

capitalised.
Furniture and equipment 20%
straight line
Motorvehicles, Computerequipment andResidents Furniture 25% _ straight line
Buildings
Refurbishments		 2%
straight line
10%_straightline

1.6 Pensions The company operates a defined contribution pension scheme. Contributions are charged to the income and expenditure account as they become payable in accordance with the rules of the scheme.

The company is not registered for VAT and therefore all costs are inclusive of VAT.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

A critical judgment for the charity is in respect of bad debts. Bad debt is provided for once the client has vacated accommodation in excess of 3 months. This policy is reviewed on an ongoing basis for suitability.

Page 21

SIGNPOSTS (LUTON)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2 Donations & Fundraising

Donations && Fundraising
Unrestricted Restricted Total
Funds Funds 2025
£ £ £
Donations& Fundraising
Gifts in kind 5,461 - 5,461
Other 10,035 6,600 16,635
15,496 6,600 22,096
Unrestricted Restricted Total
Funds Funds 2024
£ £ £
Donations& Fundraising
Gifts inkind 4,075 - 4,075
Grants - 22,720 22,720
Other . 18,685 3,600 22,285
22,760 26,320 49,080

Included within donations, the charity received £6,600 in unrestricted government grants in the year.

Income from charitable activities

Unrestricted Restricted Total
Funds Funds 2025
£ £ £
Local Authority Contracts
Supporting People—Luton 157,387 - 157,387
Supporting People—Central Bedfordshire 55,000 - 55,000
Somewhere Safe to Stay - Luton 187,863 - 187,863
Grants - 4,100 4,100
HostelAccommodation income 2,793,008 - 2,793,008
3,193,258 4,100 3,197,358
Unrestricted Restricted Total
Funds Funds 2024
£ £ £
Local Authority Contracts
Supporting People—Luton 129,536 - 129,536
Supporting People—CentralBedfordshire 109,370 - 109,370
Somewhere Safeto Stay -Luton 124,926 - 124,926
Grants - 6,905 6,905
HostelAccommodationincome 3,047,282 - 3,047,282
3,411,114 6,905 3,418,019

Page 22

SIGNPOSTS (LUTON)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Other income
Unrestricted Restricted Total
Funds Funds 2025
£ £ £
Other income
Compensation/Proceeds from crime 7,520 - 7,520
Equipment sales/repair contributions 120 - 120
Landlord contributions 5,541 - 5,541
13,181 - 13,181
Unrestricted Restricted Total
Funds Funds 2024
£ £ £
Other income
Compensation/Proceeds from crime 3,242 - 3,242
Equipment sales/repair contributions 730 - 730
Profit on disposal ofassets 8,894 - 8,894
12,866 - 12,866
3 Cost ofcharitable activities
Direct Other Total Direct Other Total
Costs Costs 2025 Costs Costs 2024
2025 2025 £ 2024 2024 £
£ £ £ £
Hostel 2,253,450 817,391 3,070,841 2,406,635 933,705 3,340,340
Accommodation
& Support eee
2,253,450 817,391 3,070,841 2,406,635 933,705 3,340,340
Costs include:
Payroll (Note 4) 1,409,395 1,694,864
Temporary Staffand other staffcosts 212,510 44,485
Premises 870,287 1,009,817
Depreciation 98,737 90,106
Food 16,441 45,406
Telephone 59,955 66,496
Training and staffdevelopment development 34,766 30,337
Legal, office and other costs 353,216 350,494
Loss on disposal ofassets 8,219 -
Client support services 7,315 8,335
3,070,841 3,340,340

Restricted funds included in the total figure: £12,609 (2024: £81,467)

Page 23

SIGNPOSTS (LUTON)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

4 Payroll costs:

Payroll costs:
2025 2024
£ £
Wagesand Salaries 1,239,271 1,499,717
Social security costs 116,437 136,154
Pension costs 53,687 58,993
1,409,395 1,694,864
Theaveragenumberofemployees, analysed Number Number
by function was:
Charitable activity 35 46
Administration 12 15
47 61

Employees emoluments

Number of employees who received emoluments of £70,000 - £80,000: 1 (2024: 1). Number of employees who received emoluments of £60,000 - £70,000: 2 (2024: 0). Total remuneration of key management personnel in the period was £211,308 (2024: £190,407.)

5

Netincoming resources 2025 2024
£ £
Thenet incoming/(outgoing) resources are stated after charging:
Auditors remuneration- audit 18,919 21,492
(Profit)/Loss on disposal offixed assets 8,219 (8,894)
Rents payable under operating leases 6,906 6,574
Depreciation 98,737 90,106

6 Transactions with trustees and connected persons

No trustee or connected person received any remuneration. Trustee expenses of £238.69 were incurred by one trustee and reimbursed during the year. These related to travel expenses to attend trustee meetings and training relevant to the role of Trustee (2024: £53.50). Total donations and fundraising income received from three members of the board was £1,925 (2024: £1,728). Total donations received from Luton Rotary club where one trustee is also a trustee was £500 (2024: £500).

7 Members contingent liability

The Company is Limited by guarantee. The contingent liability arising from the guarantee given by each member of the company to contribute (if required) is an amount not exceeding £1. There are currently eight such members.

Page 24

SIGNPOSTS (LUTON)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

8 Tangible fixed assets

Freehold Fixtures Computers
Property and and and motor Residents
improvements equipment vehicles furniture Total
£ £ £ £ £
Cost
At 1 April 2024 2,200,604 392,287 107,443 22,671 2,723,005
Additions 7,560 63,087 1,796 - 72,443
Disposals (36,474) (68,769) (5,464) - (110,707)
At31 March 2025 2,171,690 386,605 103,775 22,671 2,684,741
Depreciation
At 1 April 2024 320,682 256,132 98,976 21,120 696,910
Charge forthe year 45,962 44,44] 7,415 919 98,737
Disposals (32,888) (64,335) (5,165) - (102,388)
At31 March 2025 333,756 236,238 101,226 22,039 693,259
Net book value
At31 March 2025 1,837,934 150,367 2,549 632 1,991,482
Net book value
At31 March 2024 1,879,922 136,155 8,467 1,551 2,026,095
9 Debtors: Duewithin oneyear
2025 2024
£ £
Rental income 78,602 120,857
Other debtors andprepayments 90,544 107,067
169,146 227,924
10 Creditors: Amounts falling due within oneyear
2025 2024
£ £
Trade creditors 178,760 219,120
Other creditors and accruals 44,587 59,590
Taxand social security costs 26,473 29,900
Bank loans 21,449 18,374
271,269 326,984

Page 25

SIGNPOSTS (LUTON) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

11 Creditors: Amounts falling due after more than one year

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|||||||| |---|---|---|---|---|---|---| |2025|2024| |£|£| |Bank|loans| |Later than one|year and not|later than|five|years|102,894|89,457| |Over|five|years|1,129,214|1,164,387| |1,232,108|1,253,844|

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A bank loan of £1,282,000 was secured on the purchase of two of our Dunstable properties on High Street South & High Street North. £320,500 of the loan is repayable over 25 years with a fixed interest of 7.70% and £961,500 is repayable over 25 years with a rate of 2.50% over base rate. The Haystack property on Swasedale Road, Holland House property on Parkside Drive and the Belmont Road property are also security on the loan. The total outstanding on loans at 31 March 2025 was £1,253,557 (2024: £1,272,218).

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|||||||| |---|---|---|---|---|---|---| |12|Unrestricted|income|funds|2025| |Opening|Movements|Closing| |balance|in year|Transfers|balance| |£|£|£|£| |Designated|Funds:| |Client|Support Fund|8,971|(912)|-|8,059| |Facilities|Development|Fund|73,815|-|-|73,815| |Refurbishment Fund|42,684|-|51,379|94,063| |General|Funds:| |General|Funds|1,004,850|70,340|(49,781)|1,025,409| |Total|Unrestricted Funds|1,130,320|69,428|1,598|1,201,346| |Unrestricted|income|funds|2024| |Opening|Movements|Closing| |balance|in|year|Transfers|balance| |£|£|£|£| |Designated|Funds:| |Client|Support Fund|10,000|(1,029)|-|8,971| |Facilities|Development|Fund|86,787|(12,972)|-|73,815| |Refurbishment|Fund|42,684|-|-|42,684| |General|Funds:| |General|Funds|860,286|144,564|-|1,004,850| |Total|Unrestricted Funds|999,757|130,563|-|1,130,320|

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The Trustees have created the designated Client Support Fund to provide future funds for individuals whose income is insufficient to cover the rent in the supported accommodation or other costs. Each case will be assessed on an individual basis and the Trustees may choose to add to the fund in future when resources permit.

The Facilities Development Fund represents funding for future development plans as we wish to expand our services. We are in the process of agreeing a new lease for one of our properties with a view to purchase the building in 2040. We will continue to grow this fund in preparation for this.

Page 26

SIGNPOSTS (LUTON) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

The Refurbishment Fund represents funding for specific costs for refurbishment across all properties and this was increased using the surplus this year.

The Trustees will review the need to set aside funds annually and will reflect the changing economic environment through the designated funds.

13 Restricted income funds income funds 2025
Opening Income Transfers Expenditure Closing
Balance inyear inyear inyear balance
£ £ £ £
Portacabin setup 2,768 - (657) 2,111
Client expenses grants - 500 (500) -
Sanitary disposal & - 3,600 (1,598) (561) 1,441
fridge freezers
Aila donation 2,693 - (2,693) -
Total RestrictedFunds 5,461 4,100 (1,598) (4,411) 3,552
Restricted income funds 2024
Opening Income Expenditure Closing
balance inyear in year balance
£ £ £ £
Sapsworth hot water& showers 23,112 - (23,112) -
Swasedale kitchen 5,591 - (5,591) -
ISO 45003 assessment - 3,540 (3,540) -
Portacabin atGH - 15,780 (15,780) -
Portacabin setup - 6,940 (4,172) 2,768
Client expenses grants - 3,365 (3,365) -
LHP Co-ordinator 25,000 - (25,000) -
Aila donation - 3,600 (907) 2,693
TotalRestrictedFunds 53,703 33,225 (81,467) 5,461

Restricted Project Funds

These are funds which are restricted to the continued operating of the specific project for which the money was given or for other specified purposes.

The Luton Borough Council grant was to fund the set up on the Welcome Shack at Guildford Hall. Some was spent in 2023/24 and 2024/25 and remainder to be spent in 2025/26.

The Client Expenses grant was from St Martin in the Field and was all spent in the year.

The JCT grant was to fund sanitary disposal in all buildings over three years and to supply fridge freezers to clients when we stopped providing food in one of the buildings, which have been capitalised in the year.

The Aila donation was given to be spent on the Dunstable projects, some was spent in 2023/24 and remainder was spent in 2024/25.

Page 27

SIGNPOSTS (LUTON)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

14 Analysis of net assets between funds 2025

Restricted Designated General
Funds Funds Fund Total
£ £ £ £
Tangible Fixed assets - - 1,991,482 1,991,482
Debtors - - 169,146 169,146
Bank 3,552 175,937 368,158 547,647
Creditors duewithinone year - - (271,269) (271,269)
Creditors due after more than
one year - - (1,232,108) (1,232,108)
3,552 175,937 1,025,409 1,204,898
Analysis ofnet assets betweenfunds funds 2024
Restricted Designated General
Funds Funds Fund Total
£ £ £ £
TangibleFixed assets - - 2,026,095 2,026,095
Debtors - - 227,924 227,924
Bank 5,461 125,470 331,659 462,590
Creditors due withinone year - - (326,984) (326,984)
Creditors due after more than
one year - - (1,253,844) (1,253,844)
5,461 125,470 1,004,850 1,135,781

15 Commitments under operating leases

Commitments under operating leases
Land andBuildings Buildings Other
2025 2024 2025 2024
£ £ £ £
As at 31 March2025 the charity had
commitments undernon-cancellable
operating leases as follows:
Leases expiring
Withinoneyear 274,629 439,068 6,466 6,466
Betweentwo and five years 148,750 413,051 8,082 14,548
Over fiveyears - - - -
423,379 852,119 14,548 21,014

Page 28

SIGNPOSTS (LUTON)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

16 Reconciliation of net incoming/(outgoing) resources to net cash flow from operating activities

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |2025|2024| |£|£| |Net|incoming/(outgoing)|resources|for the|reporting| |period|(per|statement|of financial|activities)|69,117|82,321| |Depreciation|98,737|90,106| |Interest|from|investments|(2,514)|(680)| |Loss/(profit)|on the|sale|of fixed|assets|8,219|(8,894)| |(Iincrease)/decrease|in debtors|58,778|155,924| |Increase/(decrease)|in|creditors|(58.787)|78.911| |Net|cash|inflow from|operating|activities|173,550|379,688|

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17 Comparative SOFA 2024

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Income|funds|Total| |Unrestricted|Restricted|2024| |Notes|£|£|£| |Income|and|endowments|from:| |Donations|and Fundraising|2|22,760|26,320|49,080| |Investment|income|680|-|680| |Charitable|activities:| |Floating|Support|and|Outreach|-|~|-| |Hostel|Accommodation &|Support|2|3,411,114|6,905|3,418,019| |Other|2|12,866|-|12,866| |Total income|and|endowments|3,447,420|33,225|3,480,645| |Expenditure|on:| |Raising|funds|57,984|-|57,984| |Charitable|activities:| |Floating|Support|and Outreach|3|-|-|-| |Hostel|accommodation &|Support|3|3,258,873|81,467|3,340,340| |Total|expenditure|3,316,857|81,467|3,398,324| |Net|income/(expenditure)|130,563|(48,242)|§2,321| |Reconciliation|of funds:| |Total|funds|brought|forward|12,13|999,757|53,703|1,053,460| |Total funds|carried forward|1,130,320|5,461|1,135,781|

----- End of picture text -----

Page 29