Mid Devon
Hub for
Housing Help
Tel.. 01884 255
4wE.ARÉ O.P.EPJ
ANNUAL REPORT
2024
CHURCHES HOUSING ACTION TEAM
Coggan's Well House,
Tiverton EX16 6LU
www.chatmid.org
theoffice@chatmid.co.uk
0800 059 0104

TABLE OF CONTENTS
Page
2-12
Report of the Trustees
Independent Examiner's Report to the members
Statement of Financial Activities
Balance Sheet
Notes and Accounting Policies
16-20
Trustees Re
ort for the
ear ended 31 st March 2024
The trustees present their report and financial statements for the year ended 31 st March
2024 which are also prepared to meet the requirements for a directors, report and
accounts for Companies Act purposes.
The financial statements comply with the Charities Act 201 I, the Companies Act 2006, the
Memorandum and Articles of Association and Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) (effective I st January 2015).

Chair's Re
ort
Another very busy year for CHAT to 31 st March 2024 where demand for all our services
continues to be high. Our Support and Advice team helped 23Y¢ more clients than last year,
and our foodbanl< has helped 617 households helping to feed 846 adults and 502 children
with 3782 parcels of food.
Many of our clients who initially come in for the foodbank, once we have gained their trust,
are opeii to discussing and letting us help on often deeper financial issues around housing,
unclaimed benefit5, and debt and we continue to meet these challenges with an excellent
staff team and wonderful volunteers, as well as wider support from the local community.
For every staff member we employ - we have five volunteers who provide invaluable worl<
from admin to debt & money advice, to working in the foodbank, helping with IT and many
other areas, We are so grateful for their time and enthusiasm.
We have ended the year well, feeling proud of all that has been achieved and Iinowing that
CHAT plays such a key role in the Mid Devon area serving the needs of those struggling
with housing issues, debt, poverty, and the pervading loneliness that surrounds these things.
We continue to adapt to the needs of the community and at the end of the year we
successfully trialled a pantry system to help clients transition from relying on the foodbank
to a more secure and optirnistic financial future where they have more control.
We have had a positive year in terms of income, and we are extremely grateful to everyone
who continues to support us so faithfully. l am very proud of the way CHAT continue5 to
rise to the challenges that are presented with a very quick and nimble response to working
with the local community including individuals, supermarkets, churches, voluntary and
statutory agencies, food wholesalers and local businesses.
l am extremely grateful to the CEO, my fellow trustees and the whole CHAT team and as I
stand down from the Chair role after more years than I can remember as a Trustee, I loo1<
forward to seeing CHAT develop and help the most needy in our society as an enthusiastic
supporter from the sidelines.
Simon Friend
Chair of Trustee5
Charitable Ob'ectives
To relieve either generally or individually, persons within the local authority area of Mid
Devon without discrimination of sex or of political, religious or other opinions who are in
conditions of need, hardship or distress by making grants of money or providing or paying
for items services or facilities calculated to reduce the need, hardship, or distress of such
persons and in particular to relieve persons who are homeless or threatened with
homelessness or who are without secure permanent accommodation.

Review of Activities
Our team of staff and volunteers have provided help and support to those who are
homeless, struggling with unsuitsble housing situations, and those who are threatened with
homelessness throughout Mid Devon.
Over the year CHAT have assisted 1562 clients with a range of issues including,.
Housing Advice
Tenancy Support
Homes for Ul<raine hosting arrangements
Ukrainian Refugee Support
Debt Advice and Debt Solutions
Money Management
Benefits Advice
Hardship Relief - Foodbanl<, Pantry and Homebank
Energy Advice and Emergency Fuel Vouchers
Signposting and referring to other services
Household Support Fund Vouchers (on behalf of MDDC)
We are open in Tiverton Monday - Friday and have had a regular presence in Crediton and
Cullompton for 3ppointments and drcp-in advice and connected with other clients and
potential clients through home visits and other popups and events.
We continue to worl< closely with other agencies (statutory and voluntary) both referring
to them, and having clients referred to us.
Public Benefit
The charity aclcnowledges the requirement to demonstrate that it has charitable aims and
purposes that are for the public benefrt. As the only charitable organisation in Mid Devon
that exists solely to respond to and prevent homelessness, we work to help individuals and
families in crisis find their way back to suitable accommodation or keep the tenancy they
have. The service is free and accessible to anyone living in che Mid Devon area and the
trustees believe that the work of CHAT in homelessness and homeles5 prevention issues,
debt advice, the foodbank and hardship relief clearly demonstrate that our charitable aims
are indeed for the benefit of the public and that trustees have complied with Section 4 of
the Charities Act 201 l and benefits the wider community as a whole.
Achievements and Performance
Support and Advice Team
Clients often reach out to us when they are in a crisis and after addressing the immediate
need we continue to work with them, focussing on empowering them in their own decision-
making and supporting them to move forward at a pace that is appropriate for them. In
February 2024, following a comprehensive two-day evaluation, we were granted the Advice
Quality Standard (AQS) for an additional two years. This accreditation demonstrates that
we are easily accessible, effectively managed, and have a team with the skills and knowledge
to meet the needs of our clients. Our support and advice team assisted 1131 clients this
year showing an increase from 925 clients the previous year.

ortin
Clients with Housin
Advice
This year, we provided housing advice to 636 clients, marlcing a 22Yo increase. Amongst
these cases 315 of these clients were living in unsuitable accommodation and 137 clients
were facing possession proceedings, A significant portion of these clients (37/) were either
rough sleeping, sofa surfing, or in temporary accommodation arranged by the Local
Authority. We offer those clients showers, phone charging, laundry facilities and a warm
drink and a safe place to be. We are in regular communication with the homelessness team
at Mid Devon District Council to assist clients in securing temporary accommodation and a
stable, safe home for the future.
ortin
Clients in their Tenanc
Assisting clients in maintaining their current tenancy is a key strategy in homelessness
prevention. This year, we opened 175 new tenancy support cases and launched the 'start
well, program, which supported 64 clients Setting up their new tenancies ensuring that
everything is in place for the tenancy to succeed.
ortin
Clients with Benefit Issues
Making sure our clients have sufficient funds empowers them to keep their home, budget
effectively, and decrease reliance on our foodbank. However, navigating the welfare benefits
System can often be challenging. This year. we have advocated for 25 clients regarding claims
that have been rejected or unclaimed, resulting in a total of £71,537 in backdated benefits
going to our clients. Additionally, we have assisted clients in submitting new claims, leading
to 32 clients enhancing their monthly income by an average of £480 each month (totalling
£184,587 for the year).
Assisted Tenanc
Scheme
This is a scheme that offers a one month rent guarantee for the length of the tenancy, and
support for the duration of the tenancy. It assists clients in securing housing in an
increasingly challenging m2rket. So far this year, we have supported four households
through this initiative, all of whom are successfully settled in their tenancies.
rin
board
This is a joint initiative with Crediton Foodbanl< to host a worker to 'springboard' regular
foodbank users out of poverty. This year, 21 new cases were opened, helping households
raise their income by a total of £12,840 annually, along with one-time financial gains
of £7,794, thereby decreasing their reliance on the foodbank We've also been able
to assist these clients with housing advice, and work with chem to resolve their debts
and move to a place of greater financial independence.
Ukraine
This year we supported a total of 117 families who were in Mid Devon through the Homes
for Ukraine Scheme. Among them, 34 households arrived this year, and we assisted them in
adapting to their hosting arrangements and accessing essential services, For those already in
the area, we facilitated rematches, helped secure more permanent housing, established new
tenancies, provided access co emergency accommodation, obtsined grant funding, offered
medical and mental health support, and aided in the Ukrainians, integration into Mid Devon
life. Unfortunately, the administration of the Homes for Ul<raine funding has changed, and
this project ended in March.

ortin
Clients with Debt and Mone
Advice
We are a Cornmunity Money Advice (CMA) centre and are authorised and regulated by the
Financial Conduct Authority.
Throughout the year15 specially trained stsff and volunteers gave debt advice a total of
1625 advice sessions and 816 of these were delivered face to face. We identified and
managed £1,236,503 worth of debt and the average debt of our clients was £8,770.
Additionally, we have processed debt relief orders and banl<ruptcies for 25 clients,
amounting to £409,728. This frees these clients from overwhelrning debt and allows them
start anew. We continue to work with those clients who have been through a debt solution
to manage their new budget and remain debt-free.
Hardship Relief
ortin
Clients with food assistance
Throughout the year, our foodbank provided 3,782 7-day food parcels to 617 differenc
households. While the majority of clients used the foodbank for emergencies (52Yo of those
clients used the foodbank less than three times during the year), due to rising cost of living
we saw a rise in individuals relying on the food bank regularly (14/9 of our clients needed
food more than once a month in comparison to last yezr when it was only 6% of clients). To
address this issue, we trialled a 'pantry' initiative during the last quarter, offering an
appointment-based subscription service outside regular hours to help clients move away
from dependency on the food bank. The positive response from clients and donors h2s led
us to incorporate it as an additional service as part of our hardship provision along with the
foodbanl<. The foodbanl< continues to be able to run due to generous donation5 from the
community, local business, schools, churches 2nd grant making bodies.
Mid Devon Ener
Partnershi
and Fuel Povert Fund
In the second year of this partnership with Exeter Community Energy (ECOE) we have
continued integriting basic energy advice into the support and advice we give our clients,
resulting in reduced bills and improved living conditions. All our staff have completed
National Energy Action (NEA} training and during the year we have been able to issue
clients with £9,780 of emergency fuel vouchers thanks to this funding, along with our fuel
poverty fund.
Homebank
Thanks to generous donations our Homebank has provided approximately £12,500 worth
of good quality second-hand items co 181 clients to furnish their home with necessary items
such as bedding and kitchen sundries. Additionally, 82 of our clients came to our first
"House to Home" evenL which allows clients to choose donated items for their homes.
Household Su
ort Fund
We also managed applications for the MDDC Household Support Fund, processing
£187,500 in vouchers essential food and energy needs and signposting chem for further
assistance where appropriate.
For more information about our activities this
htt s'.Ilwww.chatmid.or
lim
act
ear
lease visit our website

Staff and Volunteers
We finished the year with 19 members of paid staff and 70 volunteers on the team. The
trustees are committed to developing a supportive and positive team environment and
offering all staff members access to an employee assistance program, regular in-house
supervision, and the chance to participate in group and individual supervision sessions with
an external psychotherapist along with other wellbeing events and training.
Volunteer roles encompass a range of tasks: stacking and pacl<ing for the Foodbank and
Homebanl administrative suppor( debt and money advice, fundraising, project
management, reception hosts, our trustee board who provide governance to name a few.
Throughout the year, volunteers collectively contributed l 0,000 hours, which we
conservatively value at £152,500. We encourage short and long term volunteer
opportunities for a wide range of ages and backgrounds and are pleased to maintsin the
standards required for the Investing In Volunteers award.
Our scaff and volunteers have participated in training sessions covering 2 variery of topics
such as GDPR, first aid, energy efficiency, fuel poverty, safeguarding, case management,
housing law, benefits, and debt casework. This is part of our commitment to maintaining the
quality of our services and ensuring clients always get the correct information.
Connectin
We were thrilled to have been chosen as the charity for Mid Devon Show and in spite of
the rain on the day we maxitnised our opportunity to raise our profile in the area. An
evening with the Friendship Boys at Blundells school, a Christmas appeal, and a charity ball
being organised on our behalf, is just a very small example of all of the fantastic fundraising
opportunities we had alongside all of the other community events, talks, shows, school visits
and much more. We couldn't provide the services we do without the generous support
from our local community, and we are so grateful that we have been thought of and
appreciate all the opportunities.
We were also thrilled to receive a visit from HRH The Duchess of Edinburgh in September,
hosted by The Lord-Lieutenant of Devon, David Fursdon. HRH looked around our Tivertcn
centre and spent time with the team hearing about the work we do in Mid Devon. She met
several clients and was particularly interested in how the pandemic and cost of living crisis
had affected demand for our service.
with the Communit
We are active member5 of the Mid Devon food network and the local Health and Wellbeing
alliances in Tiverton, Crediton and Cullompton and have welcomed opportunities to engage
with our District and local Town and Parish councils and councillors during the year.

Financial Review
It can be seen from the review of activities, achievements, and performance reported above
that the year under review saw a further step change in activity and this is reflected in the
financial results.
General Fund:
Income
2024
2023
% Change
Voluntary income-
DonationslGivers of Ho
Grants
157,646
175,789
18,143
-10.31.
169,152
36,036
19,468
4,409
6,033
392,744
82,350
29,457
15,328
1 ,899
5,858
310,681
86,802
6,579
4,140
2,510
175
82,063
+ |05,4/.
+22.3y.
+27.0/.
+132.1Y.
0.03Y.
Open Marl<et
Fundraising
Investments
Other
Total
Voluntary income - During 2023 donations rose to £175,785 from £158,052 in 2022 but
there has been a decline in donations during the year under review that resulted in income
of £156,408, which is lower than the previous two years.
Givers of Hope is the only income stream that can be relied on for regular donations and
this was relatively static at 159,191 .
Inflation has been relatively high in recent time5 and with a decline of l 0.3% in donations thi5
year, plus the effect of inflation, the value of donations received has been significantly
reduced,
Grant income increased by 105.4% and included:
Community Organisations Cost of Living Fund £73,281
Economic Vulnerability Fund
Others
£43,061
£52,810
These grants enabled CHAT to compensate for the reduction in voluntsry income and
continue to deliver essential services to our community, but we are aware these will not be
available In the future.
Expenditure of £324,502 is a 5/0 increase over 2023 (£309,117). Advisor, fundraising and
support salaries increased by 15/0 as a result of annual awards, additional advisor hours and
salary reallocation. Management and Support salaries fell by over 59/0, as some restricted
funding included the recovery of salaries and overheads.

Restricted Funds:
Food donations and Givers of Hope donations were 78Yo greater than 2023, but grants
were only 17Yo of the previous year's total. The net result of these fluctuations was a 21.
increase in incorne to £31,782. Measured against recent food inflation our purchasing power
has been greatly eroded over the last year.
Food Ban1< Operations - grants of £21,500 received cover the cost of salaries and other
operating costs. Any shortfall is met from the general fund.
Fuel Poverty, Hardship & Ukraine Hardship now merged into the Hardship and Fuel Poverty
Fund - income of £7,274 was 27.5Y. lower than 2023. Expenditure was £12,741 and
combined value of the funds is £19,433.
Ukraine Support - grants via MDDC and other income came to £62,285. The work of this
fund and the Ukraine Hardship fund ended during March.
Global's Make Some Noise - debt & money advice fund grant included salaries of advisors,
support staff and overhead recovery.
Mid Devon Energy Saving Partnership - grant of £18,200 received and expenditure of
£25,607 includes advisor and support salaries and hardship relief.
Desi
nated Funds:
The Springboard Project fund of £13,453 is a partnership between Crediton Foodbank and
CHAT. The trustees have designated the fund for CHAT'S partnership share.
Assisted tenancies - fund balance £4,323.
Services delivered through the general fund and restricted funds demonstrate the reach that
CHAT has throughout Mid Devon by providing housing and debt and money advice, and
poverty and ha.rdship relief to local residents.
The trustees do not anticipate a similar level of income in 2025, but in common with many
charities that depend on the vagaries of suit2ble grants it is very difficult to estimate what
this income stream might produce.
The decline of voluntary income is a cause of concern, and the trustees are focussing their
attention on bringing the vital work of CHAT to regular supporters, prospective supporters,
businesses, churches, and community fundraisers throughout our area of operation.

Reserves Policy
The trustees are aware of the need to secure CHAT'S viability beyond the immediate
future. For the long term it must be able to absorb setbacl<s and take advantsge of change
and opportunity.
This reserves policy applies to the unrestricted funds of the charity and the trustees aim is
to ensure a balance between a reasonable level of reserves in accordance with the
guidelines laid down by the Charity Commission and sensible use of funds. In particular it is
designed to:
Cover uncertainty over future income
Ensure sufficient cash-flow to carry ouc day-to-day business
In the event of CHAT having to be wound up provision for the continuation of
operations must be l<ept in reserve to allow for a managed closure
Maintain a provision for redundancy
Reserves can only be generated and maintained by strict financial controls. An overview of
the charitls financial position is considered at all trustee meetings and the trustees review
the reserves policy as and when deemed necessary and always annually.
To meet these objectives, the optimum level of the general reserves was set at £79,000
We were able to maintain this reserve level during the financial year, but this must be
regarded as a minimum and the trustees work to ensure that reserves reflect the points
described above.
Principal Sources of Funds
The Trustees seek to maintain a broad base of funding sources, including grants, partnership
working and donations. Our fundraiser applies for grants from a variety of organisations.
CHAT continues to develop its fundraising strategy as part of its Business Plan, with a view
to attracting corporate funding, developing a legacy policy and promoting the Givers of
Hope Scheme.
Risk Management
All charities face an increasingly competitive market when approaching grant-making trusts
for support. By implementing effective and tight cost controls and by providing ongoing
financial management information, the financial risk to the charity is kept to a minimum. The
Executive management team meet regularly to review the financial position of CHAT and
monitor fundraising strategies.

Structure Governance and Mana
ement
The organisation is a Charitable Company limited by guarantee, incorporated on 31 st
August 1995, and registered as a charity on 27th September 1995. The company was
established under a Memorandum of Association which established the objects and powers
of the charitable company and is governed under its Articles of Association. In the event of
the cotnpany being wound up, members are required to contribute an amount not
exceeding ten pounds. Members are subscribers to the Memorandum of Association and
admitted to membership in accordance with the rules set out in the Articles of A550ciation
and subject to Trustee approval. Members pay an annual subscription and are entitled to
vote at the AGM.
Trustee Selection Methods, Induction, and Training
The directors of the company are also trustees for the purpose of charity law, Under the
requirements of the Memorandum and Allicles of Association, trustees are elected to serve
for a period of a maximum of three years after which they must be re-elected at the next
Annual General Meeting.
CHAT conduct a skills audit of the board regularly and seek to appoint trustees according
to the expertise they can offer. All Trustees complete an induction to become familiar with
CHAT and are encouraged to attend training on Trustee duties along with being aware of
any information produced by the Charity Commission and other relevant bodies.
Organisational Structure
CHAT'S Trustee board meet at least four times a year and are responsible for the direction
and policy of the charity.
The CEO 15 responsible to the Trustees for the day-to-day running of all departments of the
organisation and for carrying out the strategic plans for the organisation. The CEO also
performs the roles of office manager and finance officer, and therefore has a detailed
understanding of the organisation as a whole,

Reference and Administrative Details
Registered charity number
1049478
Company registration number
3096996
Registered office and operation address
Coggan's Well House, Phoenix Lane,
Tiverton, Devon EX16 6LU
Simon Friend
Clive Williams
Vivienne Brewster
Steve Dayl<in
Rod Hewson
Mathew Melksham
Terence Norris
Jennifer Tower
Chris Underhill
Jane Wardle
Lara Wielenga
Peter Day
Helen Stone
Terence Norris
Alison Padfield
Trustees:
Chair
Vice Chair
(Appointed 0610712015)
(Appointed 2510712023)
(Appointed 0210712018)
(Appointed 2910712021)
(Appointed 3010712020)
(Appointed 0210712018)
(Appointed 0210712018)
(Appointed 0210712018)
(Appointed 2510712023)
(Appointed 2510712023)
(Appointed 0210712018)
(Retired 2510712023)
Company Secretary
Treasurer
CEO
Responsibilities of the Trustees
Company law requires the Trustees, who are directors for the purposes of company law, to
prepare financial statements for each financial year which give a true and fair view of the
state of the affairs of the charitable company as at the balance sheet date and of its incoming
resources and application of resources, including income and expenditure, for the financial
year. In preparing those financial statements, the Trustees should follow best practice and:
select suitable accounting policies and then apply them consistently,.
make judgements and estimates that are reasonable and prudent., and
prepare the financial ststements on the going concern basis unless it is inappropriate
to assume that the company will continue on that basis.
The Trustees are responsible for maintaining proper accounting records which disclose with
reasonable accuracy at any time the financial position of the charitable company and to
enable them to ensure that the financial statements comply with the Companies Act 2006.
The Trustees 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.
Approved by the Trustees on 16th July 2024 and signed on their behalf by:
Simon Friend

Independent Examiner's Report to the Trustees of Churches
Housing Action Team (Mid Devon> Ltd
I report to the charity trustees on my examination of the accounts of the Company for the year
ended 31 st March 2024 set out on pages 14 to 20.
Responsibilities and basis of the report
As the charity's trustees of the Company (and also its directors for the purposes of company
law) you are responsible for the preparation of the accounts in accordance with the
requir8ments of the Companies Act 2006 (the 2006 Act)
Having satisfied myself that the accounts of the Company are not required to be audited under
Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my
examination of the charity's accounts as carried out under section 145 of the Charities Act
2011 (the 2011 Act), In carrying out my examination I have followed the Directions given by
the Charity Cornrnission und8r s8ction 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since the Cornpany's gross income exceeded £250,000 your examiner must be a member of a
body listed in section 145 of the 2011 Act. I confirm that l am qualified to und&rlake the
examination because l am a member of the Association of Chartered Certified Accountants which
is one of the listed bodies.
I have completed my exarnination. I confirm that no matters have come to my attention in
connection with rny examination giving me cause to believe
accounting records were not kept in respect of the Company as required by section 386 of
the 2006 Act., or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act
other than any requirement that the accounts give a 'true and fair view, which is not a
matter considered as part of an independent examination., or
4. the accounts have not been prepared in accordance with the methods and principles of the
statement of Recommended Practice for accounting and reporting by charities.
I have no concerns and have come across no other matters in connection with the
examination to which attention should be drawn in this report in order to enable a proper
understanding of the accounts to be reached.
S Legassick
Certified Accountant
21 Angel Hill
Tiverton Devon EX16 6PE
9th August 2024
13

CHURCHES HOUSING ACTION TEAM (MID DEVONI LIMITED
YEAR ENDED 31st MARCH 2024
STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted funds
General Deslgnatèd
Restricted
funds
Total
2024
2023
Notes
Income
Incoma and endowments from:
Donations and legacies
Charitable activitie5
Other trading activities
Invgstments
382,301
218,903
601,204
408, 264
54,542
5, 858
1,899
6,034
4,409
1170
7,204
4,4DS
Total Income
392,744
220,073
612,817
470,563
Expendlture
Ralslng funds
10
42,853
42,853
29,117
Charitable activities
10
281,708
240,642
522,350
407,757
Total expenditure
10
324,561
240,642
565,203
436,874
Net Income before transfers
68,183
-20,569
47,614
33,689
Transfers betwe&n funds
Net movement in funds
68,183
-20,569
47,614
33,689
Fund balances brought forward
Fund balances Carrled forward
131,589
17,776
74,042
223,407
271,021
789,718
223,407
19g,772
17,776
53,473
Th8 Statament of finariclal actSvlties includes all gain.% and losses in the year. All incoming resourc6s
and resources expended derÉve from continuing activities.
14

CHURCHES HOUSING ACTION TEAM (MID DEVON) LIMITED
BALANCE SHEET AT 31st MARCH 2024
Notes
2024
2023
Tanglble fixed assets
6,998
9,962
Current assets
Debtors
Cash at bank and in hand
SE,031
240,038
306,069
25,388
202,449
227,837
Credltors: amounts falling du9 Wlthin one year
Creditors
42,046
14,392
42,046
14,392
Nat currant assets
264,023
213,445
Nat assets
271,021
223,407
Reserves
Unrestricted general reseNe
Désignated funds
Restricted funds
199.772
17.776
53,473
131.589
17,776
74,042
Total funds
271,021
223,407
These financial statements have been prepared in accordance with the provisions appllcable to
companies subject to the small companies regime and in accordance wiith FRS102 'The Financial
Reporting Slandard applicable in the UK and Republic of Ireland.
For th& financial year ended 31 March 2024 the Ccimpany was 6nitled to exemption from audit
under saction 477 Companies Act 2006. and no nolico has b88n deposited u
er sectlon 476.
Approved by the Trustees on 18 July 2024 and signed on their behalf by:
Simon Friend
Chair
Terry Norris
Trustee
15

CHURCHES HOUSING ACTION TEAM (MID DEVON) LIMITED
YEAR ENDED 31st MARCH 2024
NOTES AND ACCOUNTING POLICIES
1. A¢countlng pollcles
Basls of accountlng
The financial statements are prepared in accordance with Accounting and Reportlng by Charilles,.
statement of Recommended Practice applicable lo charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFFiS 102)
(effective 1 January 20151- (Charities SORP IFRS 102)>, the Financial Reporting Standard applicable
in the UK and Republic of Ireland {FRS 102> and the Companies Act 2006.
Churchos Housing Action Team (Mid Devon) Ltd meets Ihe definition of a public benefit entity under
FRS 102. Assets and liabilities are initially recognised at historical cosl or transaction value unless
otherwise stated.
Fund accounting
Unrestricted funds are available far use at the discr6tion of the Iruslees in furtherance of th8 ganeral
objectives of th8 charity.
Rgstricted funds are subj8Ct to restricllons on their expenditure Imposed by the donor or through
the torms under which the funds were ralsed,
Income
All incoming resources ar8 included in the statement of financial activities when the charity Is
entitled lo the Income, wkien it is probable that the income will be received and when the arnount
can be quantified with reasonable accuracy.
Voluntary income includes grants, donalions 8nd gifts and is included in full when receivable.
Grants, where entitlement is not conditional on the delivery of a specific performance by the
charity, are recognised whe.n the charity becomes unconditionally entitled to the grant.
Investment income is included when receivable.
Expendilura
Expenditure is recognised on the accruals basis inclusive of Value Added Tax which cannot be
recovered.
Costs of generating funds comprise the costs of attracting donalions and 8dm inislering
membership,
Charitable gxp6nditure comprises those costs incurrgd by the charity in the dellvery of Its
activities and servicas. It includes both the costs that can b& allocated directly and indirect costs
necessary to support the activities.
All costs are allocated between the expenditure categories of the stalement of financial activities
on a basis designed to reflect use of the resource. Costs relating to a particular activity are
allocated directly, others ar8 apportion8d on an approprlate basis.
Creditors are measured at s8tt1gm8nt amounts18ss any trade discount5
Assets
Tangible fixed assets are depreciated by equal annual instalmenls over their estimated useful
lives at the following rates:
Fixtures and flttings
l T Equipment
Leasehold improvements
Debtors are measured at the cash or other consideration expected to be received
330/
Over the term of the lease
16

CHURCHES HOUSING ACTION TEAM (MID DEVON) LIMITED
YEAR ENDED 31st MARCH 2024
NOTES AND ACCOUNTING POLICIES
2. Net Income for the year
This is stated after charging,.
Depreciation of tangible assets owned
by the company
2024
2023
2,964
2,964
3. Tanglble flxed assets
Leasehold
Flxtures
rovements Furnlture & flttin
ment
Total
Cost
At 1 April 2023
Additions
Disposals
At 31 March 2024
11,323
7,740
16,047
26,781
61,891
11,323
7,740
16,D47
26,781
61,891
Depreciation
At 1 April 2023
Charge for the year
Eliminal@d on disposals
Al 31 MarGh 2024
2,970
1,620
7,740
14,438
1,344
26,781
51,929
2,964
4,590
7.740
15,782
26,781
54,893
Net book amounts
Al 31 March 2024
6,733
265
6,998
At 31 March 2023
11,323
1,609
9,962
4. Debtors
2024
2023
Trade debtors
Prepayments and accrued income
Other debtors
11,418
6,962
47,651
66,031
14,227
6,638
4,523
25,388
5. Creditor5
Trade cr8ditors
Accruals and deferred income
Taxation and Social Security
other creditors
41,309
732
12,293
1.193
271
635
6. Analysls of net assets between funds
General Restrlcted
Toial
Fixed a55els
Current assets
Creditors
6,998
252,596
42,046
217.548
6,998
306,069
42,046
271,021
53,473
53,473
Related Party Transactions
No trustees were in receipt offees or expenses during the year,
Tl)ere were no related party transactions

CHURCHES HOUSING ACTION TEAM (MID DEVONI LIMITED
YEAR ENDED 31st MARCH 2024
NOTES AND ACCOUNTING POLICIES
8. Movements In funds
Aprll
2023
March
2024
Income
Paid
Transfers
Restricted funds
Debt and Mongy Advice
Springboard Project
Make Soms Noise
Food Fund
Hardship and Fu81 Poverty
Ukraine Hardship Fund
Fuel Poverty Fund
Hardship fund
Staff Wellb8ing
Foodbank operation
Mid Devon Energy Partnership
Marketing and publicity
Croditon Outreach
Ukraine Support Fund
Total restricted funds
11,341
5,742
26,170
35,500
32,542
19,592>
115,081)
132,474)
136,841)
7,491
11,089
3,026
4,909
19,433
9,208
19,433
-7,402
-6,369
-5,662
10,702
8,717
5,481
919
11,667
6,480
2,386
1,354
5,787
2,400
3,374
1,500
7,600
21,500
18,200
{5,7001
(5,7221
11,3191
14,9991
128,2351
125,6071
{2,386)
{4,614)
168,072)
(240,642)
3,520
4,932
-927
3,260
62,285
74,042
220,073
53,473
Unrestrlcted funds
Assisted T8nancies
4,323
13,453
131,589
223,407
4,323
13,45J
199,772
271,
21
Spdngboard Project
General Reserve
392,744
612,817
{324,561 }
565,203
Debt and Money Advlc&. A fund to provlde 8dvlc6 to Gll&nls to managè Ihalr Incoms and 8KP8nditur8
lo control personal dehl.
Mak8 Som• Moise= A fuiid lo ¢over the cust ol a full 11rng debt worker.
Food Fund. Dondlions lo provlde food for those in neod.
Hardship and Fuel Poverty- This lund ha5 been creating by merging the Fuel Poverty Fund, the Hardship FuNd
8nd tha Ukralnè Hardship Fund.
Ukraine Hardship Fund.. To Provide grqnls to individuals arrimng in Mid Devon from Ukrdine
Fu81 Poverty Fund. Donations lo assist wlth the provlslon of fu61 for those In need.
Hardship Fund. A fund for speciliG hardship needs of clienLs of CHAT lor which no other budget is ?vai19blg.
Stsff Wollbglng, A fund lo provide support and gupeNlslon for 8taff.
Foodbank operation: Fundlng lo support the costs of running Iha foodbank.
Mld Davon En*rgy Partnership.. Tackllng povèrty across Mid D8von by offering advicè on energy, housing. d9bl
and money.
Marketlng and publlclty audlt.. A fund lo audit mart(ellng and publl¢lly mal8rlals and d&vek>p a strategy lo
increase engagement vAlh both the community and polonlial clients.
Credlton oulrgach. A fund lo set up r9gular outraach in the Crediton area
Ukralne Support Fund: A fund lo provide advice and resources in Mid Devon for arrivals from Ulfraine
Assisted Tenancles. A fund to Iielp prospective ten¥nts in difficult tiircumstances obtain tengnled accommodalS0n.
Springboard project: Ajoinl initiative by CHAT and Credilon Foodbank lo employ a support workor to &nabl6
people lo suslaln ￿nan&'le8 and prevent hnmelessness. Part of Ihls lund 18 r8811'lcled and part designated.
18

CHURCHES HOUSING ACTION TEAM (MID DEVONI LIMITED
YEAR ENDED 31st MARCH 2024
NOTES AND ACCOUNTING POLICIES
9. Staff costs and numbers
staff costs wgre as follows-
2024
2023
Gross wag&s and salaries
Social security costs
Penslon costs
352,623
19,358
11,250
383,231
254,616
13,615
6,912
275.143
The average numb@r of full lime equlvalent employees was:
Number
Number
Management and adminislralion
Support and advice
3.48
7.56
11.04
9.34
13.44
No employee rgc&iv8d emoluments of more that £60,000 {2023.' none)
Th8 charity operates a deflned contribution penslon scheme. The contributions are allocated between
direct costs and support costs according to the staff involv8d.
10. Total expenditure
Dired Costs
Staff
Other
ort costs
Oth8r
Staff
Total 2024
Total 2023
Raising funds
Fundraising and membership
Restrlcted funds
37,320
5,533
42,853
28, 734
383
37.320
5,533
42,853
29,717
Charitable activities
Unrestricted funds
General and core activilies
159254
29,718
23,924
68,812
281,708
282,607
159,254
29,718
23,924
68,812
281,708
282,607
Restricted funds
Dabt and money advice
Olher
7,906
135,544
143,450
1,686
63,642
9,592
231,Q50
240,642
2,969
122,181
125,150
21.132
1Q,732
65,328
21,132
10,732
Total expendlture
340,024 100,579
45,056
79.544
565,203
436,874
Support costs include governance costs estimated at £3,000 (2023- £3.000)
Governance costs Include independent examiner's fees of £nil {2023'. nil}
11. Commitments under oparating Igasas
At 31 March 2024 the company had annual commitments of £21,000 {2023, £21,000) under
non-cancellable operating leases expiring between 2 and 5 years in respect of land and buildings,
19

CHURCHES HOUSING ACTION TEAM (MID DEVON) LIMITED
YEAR ENDED 31st MARCH 2024
NOTES AND ACCOUNTING POLICIES
12. Detalled income and expendlture account
Unrestricted
General and
core
activities
Deslgnated Restrlcted
funds
funds
Total
2023
Total
Income
Operatlng grants
Other grants
Donations
Legacies and funeral donations
FLJndraising
Membershlp
Other income
Bank interest
55,561
113,591
189,552
3,649
19,468
480
6,034
4,409
62,364
121,497
34,740
117,925
235,088
224,292
3,649
19,770
480
7,204
4,409
612,817
54542
173509
271663
6374
16133
585
5858
7899
302
1,170
392,744
220,073
470,563
Direct charitable expenditure
Accommodation, food and hardship
Salaries, including Nl and p&nsion costs
Staff supeNision
Recruitment and training
Travel expenses
Telephone, publications, subscriptions
3.952
159,294
781
10,447
286
14,212
55,934
143,450
4,429
3,023
1,342
600
59,886
302,744
5,210
44888
792393
3g8
12694
2030
73220
1,628
14,812
188,972
208,778
397,750
265,623
Support costs: fundraising
42,853
42,853
29177
Support costs: charitable activities
Salaries, Including N l and pension costs
Travel expenses
Property casts
Tèlephone
l T costs
Postage, stationery and copier
Publications and subscriptions
Equipment répairs and ranewals
Insurance
Professional fees
Recruitment and training
Miscellanaous
Depreciation
23,924
53
39,083
1,771
6,892
1,083
2,995
4.635
3,075
4.343
30
1,888
2,964
21,132
45,056
53
45,759
1,998
7,774
1,340
2,g95
6,254
3,259
4,744
30
2,374
2,964
58684
79
37834
1930
8575
2337
908
13107
3048
9439
725
2510
2964
6,676
227
882
257
1,619
184
401
48
92.736
31,864
124,600
142134
Total resourc•s expended
324.561
24D,642
565,203
436,874
Net incoming resources before
transfers
68,183
-20,569
47,614
33, 689
20