# **2 0 2 0 - 2 0 2 1 ANNUAL REPORT** 

**"PROVIDING HOMES FOR YOUNG PEOPLE SINCE 1981"** 




## **CONTENTS PAGE** 

3                 Agenda 4-5                Minutes From Previous AGM 6-8              Hits Flowchart 9                   Client Comments Ex Client Comments 10 11-13 Google Reviews of Hits Statistics 2020-2021 14-18 19-21            Analysis of Stats Audit Accounts 22 



Hits Homes Trust
Annual General Meeting
2020/21 on 19th January 2022
Agenda
Present
Apologies
Minutes ofihe lastAGM
Annual Report and Statistics
Audited Accounts
Election of Directors
Any Other Business

Hits Homes Trust Annual General Meetin
Held on 27th Janua
2021 b Zoom eall
l. Present:
Dave Brazier- Commillce Chairperson
Kash Bhayani - Commitlee Secretary
Vicki Stephenson Director
Ervin Picari Director
Naila Siddiqui Walker- Project Manager
Amard¢¢p Matharu - Project Worker
Piyush Kol¢cha- Committee Treasurer
3. Minutes of last AGM:
The minutes of the last AGM held on 15th January 2020 were approved and agreed.
4. Matters Arisin
None.
5. Annual Re
ort & StAtisties
The members liked the graphics. There was l 00/0 less referral this year. Multi-agency working was
demonstrated during lh¢ pandemic. Dave said we needed to encourage new volunteers to become
dir¢¢tors.
Vicki ihanked Naila and Amar for keepin8 ihe project running during difficult times and this was
much appreciated. She f¢lt for the clients who have such restricted lives. and this pandemic has
had a massive impacl on their mental health.
The staff have regular meetings with clients and now that we have a smart phone, we can use
WhaisApp facility. Clients have to wear masks when in the office but not doing weekly H&S
checks of tlats. Security have also done an excellent job in policing ihe projcct out of office hours.
Vicki wanted clarification on which organisations r¢ferr¢d to as Justice System - explained it was
mainly city probation service.. The members suggested we split the city LAC referrals from other
departments. Requ¢si¢d Naila to write to Pat Pittman to seek an explanation as to why they had
not referred any of iheir clients to Hits. Naila explained there was a lot of competition now with
other projects offering self<ontained accommodation but they had 24 hours staff cover. Dave

suggested asking Councilor Ellie Kelvin to visit the project in the future as a way of starting the
conversation for the local authority to give housing priorily to our clients.
Hits needs to be mor active on social media such as Instagram and snapshot as opposed to
developing a websit¢, twitter or emails which are not young people friendly.
Kash highlighted that there were less 16 years old. We were culturally very diverse.
Vicki asked if the pages could be numbered in the future. The word admission to be replaced.
Have rented private sector separate to moving with friends/family.
6. Audited Accounts:
These w¢re approv¢d.
Vicki to send her list of question to Naila.
7. Election of Directors:
Towana proposed Dave as Chair seconded by Kash
Dave proposed that existing directors were to be elected in their position5 seconded by Kash.
8. A.O.B
Naila to arrange future Zoom meetings.

N]og%Qory
4 October 1981
The Beglnnlng
The Founders- Training Scheme Hits Foundation & Advice Centre Hit51ink
The SeNice- local trainees a8ed 16 to 25 years old had access to hou5in8 in 7 one-bedroom self-
contained flats
The offer- one ofrice-based staff for support in life skills
The funders- The Revenue costs: Leicester City Council Housing Department & the building.. Coventry
Housing Association
th
7 June 1991
The Flrst Expanslon
The Volunteers-formed a mana8ement committee as Directors ofa Limited Company...
The seNice- moved to offering the general public slngle people aged 16 to 25 access to 15 flats; 7
exi5tin8 units located on Evington Road and a further 7 specifically built on Maidstone Road
The offer- three office-based staff for support in life skills
The funders-The revenue costs.. Leicester City Council Houslng Department, Leicester Social Services and
Housing Corporatlon & the buildin8s: Touchstone Houslng Assoclation & East Midland Housin8
Association
I" May 1995
The Second Expansion
The Volunteers -continued to commit their time, 5ki115, and expertise for the management committee as
Directors of a Limited Company.
The seNice - continued to provide 22-unit flats for vulnerable people aged 16 to 25- 8 units at Maidstone
Road, with a further 15 units on Evington Road
The offer-four staff- based at a purpose-built office at the Evington Road site.
The funders-The revenue costs: Leicester City Council Supporting People and Leicestershire County
Council Social Services & the buildings: Touchstone Housing A5S0Clation & East Midland Housing

1st April 2014
The Consolidation
The Volunteers -continued their commitment to the project.
The seNice - gave up 8 flats on Maidstone Road to focus on the remaining 15 flat5 on Evington Road where
the office 15 based.
The offer- From 3 to 2 office-based staff for support in life skills due to changes in the local funding
arrangements. bidding and withdrawal of 5UPPOrting people grants
The funders- County Social Services & the buildin8s: Midland Heart
1st Aprll 2020
The Pandemic
The Volunteers put in a strategy to manage the Impact of the pandemic on the project.
The seNice- remained open.
The offer- Staff for short perlods worked from home but otherwise were office based.
The Impact- 30% Voids due to the decrease in referrals which may have been mainly due to the closure of
colle8es.
94% Rent Collected
Average stay became 18 Months from the previous years of 9 Months. This was possibly due to
the limited availability of Social Housing.
There is a need for exploring the Prlvate Sector for move on accommodation and/ or moving in with family
or friends.
1st April 2021
The Present
The Volunteers- To this day the same volunteers have continued to show their ongoin8 commitment to the
project.
The service -15 flats on Evington Road where the office 15 based.
The offer- I full time and I part-time office-based staff for support in life skills
The funders- No grant aid income, dependent on rental income
on 1st April 2021 we leased 8 flats at 82184 Evington Road from Midland Heart for 10 years.
On 8th September 2021 we purchased 7 flats and the office from Midland Heart and became freeholders.
We are the proud landlords of 15 flats at Hits Homes Trust and financially self sufficient

The Future
To be the freeholders of all the 15 flats located on Evington Road, maintain financial independence,
continue to provide quality standard of service, and as demonstrated in the flow chart adapt staffin8 and
accommodation levels to meet the needs of vulnerable single people aged 16 to 25 years old.

Ilwhen Applying for Hits Homes Trust what did you expectP
Hpm, CLAd tts bo
21When you moved in was it what you expected?
S, Il oxoLtLy lQxp￿t6d.
le￿￿￿ to cjcj
31 How has Living at Hits Imparted on your life?
(w ck(4 ￿￿j1(AR
F￿¥
Ilwhen Ap
lylng for Hlts Homes Trust whgt dld you expe
'y￿(LoulcQ Llth i
"LIL rutL(,
CL£
2)W
en you moved In was it what v
u expectedP
Y 111th
bu'LLL i ecilCI CULJ 4b(JKAbLC:
3) How has Living at Hits Impacted on your life?
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Ex Client Review of Hits Homes Trust
What was your Impresslon ol Hlts Homes Prlor to m￿1￿4 Here?
¥k 4"k,b
_w 144 i.v
What was your experlence durln¥ your stay here7
T <4 tsf
x 140 & k
How has Ilvlng at Hlts Imparted on your Ufe?
l 6L r lknA_
Matthew Best EX Client lived at Hits 2012
P.A for Derby City Social Services

Hits Homes Trust
86 Evin
ton Rd, Leicester
iwrile a revipw
Very good
13 reviews on Google
Jamlo Bar
515
3 months ago on Google
I would Just like lo say a big thank you to Naila, Rachel and Sarah who helped me 18 years ago
neady. Where has the lime gone. So much has changed. But il's people like the staff at hits homes
trust that has kept my hopes up. There are some good people out there, What could of been a really
horrible piont in my life turned into a great time because of hits. They made me feel safe and $e¢ure.
Thank you. from jamie Barron
115
2 months ago on Google
Traumatic experience would not recommend this place to any young person , if you do attended
college or work they will make you pay rent that you shouldn't be paying ,The flats are fvll of Ral$ they
usually lie and don't tell people who live there that there are any rats running around as don't want to
run out of money or stop getting pald or gel tsken down which I highly recommend they elo$e the
place down they don't do anything lo fix or change anythlng they need new staff who are more
supportive frlendly and professional watch out for naila especially
most of the lime no one is in the office $0 if you need anything they will toll a young parson lo figure11
out them selves
515
a year ago on Google
Helped me a lot at a challenging time in life. I was able to learn the skills needed to live independently
and move on lo live by myself without support. Staff were very supportive of setting up payments and
things regarding living there and managing my money. Living there helped me so much in that perio
of my lrfe and I cannot thank the members of staff enough as I wouldn'l be Nthere l am todayl
Thankyou

Grandad
a year ago on Google
I lived at hits home trust about 18 or 19 years ago and Rachel, Naila and Sarah wa$ very kind and
lovely people lo me. If it wasn't lor kind people like this I wouldnl be where l am now. Thankyou guys
Anesh K
51
2 years ago on Google
Life changing experience
redrlcko Asam
515
2 years ago on Google
More place$ like this need lo ex181, Ihls place needs all the supptsrt il can gel
Rub Stron
2 yearg ago on Google
Bein9 her wa8 the best experien¢e ive had
atthow Bl#
2 years ago on Google
Great place, wish l Could of stayed here longer, Naila is a legend
l Mlck Is
515
2 years ago on Google
The skills you learn he￿ wll stay whh you lor life
Raman Calc
2 year$ ago on Google
Highly re¢ommended

David Parker
515
2 years ago on Google
This place changed my lrfe.
rh s Pa￿er
115
3 years ago on Google
They say the care about younf people yet if you find yourself a job they expect you to pay 800 in rent
a month rather than go here gel a fial rt$ Cheaper or try ymca but do not go to hits home they never
helped me wrth anything and nowlust want a lot of money which i dont have do not go here
Ifdd Ll
515
3 years ago on Google
Excellent knO￿edgeabla 8laff. One of a kind self-accommodated hostol for young people. This place
should be re¢ognised as a necesslty to Lelcester.

REFERRALS FOR 202￿21
Gender 46
Female
Male
Age
15
25
21
16
17
18
19
20
21
22
23
24
25
26+
NIK
13
ReferrAI A
LCC
Coun
Council
Other Cli Council
Leiceslcr Social Services
County Social Services
¢neies
Total 46
EthDi¢ Origla & Nation*lity
Total 46
White.. British
20
BlacklCaribbean/African:
Briiish
Other Cit Social Services
Advice Cenlres
Floslels
Self
Colle
Famil
Friend
Ex-Tenant
Currcnts Tenant
Justice S stem
meni A
Connexions
Dual Herila
British
es
Asian.. British
Other
NIK
encies
LGB'r
Other- Website
NIK
Other
27
Spanish, Syrian. Afghani, Iranian,Erilrean

Disabilities
Mental
Ph
5ical
Learnin
Senso
Geneti
Other
Total 8
Leicester Connection
Total 46
Yes
30
NIK
Outcome of Referrals
Offered & Acce
ted
No Vacancies
Did Not 'l"urn Up Informal
Did Not Turn u formal
Withdr¢w before infomial
ui
Onl
Ina
riate Referral e.
Didn't proceed with
reconsider
Withdrew from fomial
inlerview
Interviewd & Refused
10
Reasons for refusals:
Lack of spaces
Support necds too high -5
Support needs too low
Applicant decided not to accept the
offer - 3
Ri%k to others
Inappropriate referral 3
Hits withdrew offer- I

Occu
gn
StAtistics for 2020-21
The following statistics relate to all the people who have occupied Hits Homes Trust flats during
2019-20
Gender Total 24
Female
Male
Age
16
13
Tot4133
17
18
19
20
21
22
23
24
25
10
ReferrAI A
encies
LCC Earl Hel
Connexions
l.eicester Social
Services
Tenant/ex-tenant
Othcr Social Services
Total 24
Ethnic Origin & Nationality
Tot&] 24
White.. British
10
Blacklcaribbean & BlacklAfrican',
British
Advice Cenlres
Colle
es
Probation
hoslcls
FDLINHS services
Other councils
Self- iniemet
Famil
Dual Flerita
British
Asian: British
Other.,
10
Other
12
Slovakian, Afghanis, Iranian, Syrian, Eritrean,
Congonese, Egyplian

Disydbilities
Hearin
learnin
sical
Mental Health
Totsl 10
Lei¢¢ster Connection
TolAI 24
Yes
13
None
NIK
Out¢om¢ of Residents
Moved to Local Authority
Flat
Moved to a RSL flat
Moved in with family/friends
&5to
rivale landlords
Other su
orted housin
Still resident on last day of
eriod
Other universit
Abandoned
Totll 24
15

Need5 Anal
sis at Tenant Selection
Main Re2son For
Homelessness
Relationship
br¢akdown
Domestic violence
Prison discharge
Total
24
10
Main Need For
ort
Physical disabllity
Total
24
Ikvel Of Support
Total
24
Low
Aids/HIV
Degenerative &
debilitatin
illness
Learnin
difficult
Mental healih
Complex needs-
number of reasons
Dru
Alcohol
Young person @
risk, 16117
rold
Lacking basic
skills
Other
Lowlmedium
Medium
12
14os
ital
Leavin
care
Residential
rehabililation
Lon
term hom¢l¢ss
Rou
h slee
er
Lodgingslrelatives
Medium/Hi
23
Eviction (Rent
Arrears
ossession
Bud etin
Private
Harassment
Property
uninhabitable
lumlrefu
overcrowdin
Disabilit
ee

Total Number of Referals over the last 3 years
160
140
120
loo
80
60
40
20
Stats 2018-2019
151
Stats 2019-2020
Stats 202fy2021
46
Total
139
Comparison of Male to Female Referals over
the last 3 years
•M•Fèrnale ￿Male
70
50
30
20
io
Stats 2018-2019
Stats 2019-2020
SLits 2020-2021
Female
Male
80
78
71
61
21

Breakdown of Referal Sources
LCC
CelcesteT Sodal
Servlces
LGDT
Ernploymem 4¢nfl4$
0% Connèxio
13%
County
oty
Ser¥lcei
Curr•ntsTena
Juitice System
Frlelld
enant
Coliryes
16%
Comparison of Referal Outcomes over the last 2 Years
25
20
15
io
2019-2020 •2020-2021
20

Main Reason of Homelessness of Referrals
Lod8ings/relatives
4%
Asylumlrefugee
Relationship breakdown
Domestic violence
Prlson dlscharge
Relat*on5hip
breakdown
42%
Hospltsl
Leavlng ca
Leaving care
46%
ResSdentlal rehabllltatlon
Longterm homeless
Rou8h sleeper
Lodiln8s/relatlve5
Evlctlon (Rent Arrear$l
Reposse551on
ud8etlng
Domestlc vlolence
4%
PrSv•te
Harassment
Property unlnhibltible
MOVE ON OUTCOMES OF CLIENT ADMISSION
Moved to Local Authority Flat
Moved to è R5L 11èt
Moved in with fLiniily/friendslprivate • other supported housing
Still Ipsidpnl on last ddv ol perlod
Other univeisilv
Abandoned
15
21

Reglstered Charlty No:1049935
Reghtered CoDwauy No: 2912187
(England and Wthi)
Rt8ht•r*d Comp•ny No: 1912187
S HOMES TRUST LJMrriD
(A Cthhp*Lyiimit•J by￿￿1￿￿)
FINANCIAL STATEMEN
FOR Tlli YEAR ENDKD
31 MARCH 1021

HITS HOMES TRUST LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Cbarlty Refffenca aDd A(Imini8trative Details
Report of the Managanent Committ
Indyndent Examin¢rs Re￿rt
ststaJent of Finan¢ial Activitie8
Bal￿¢8 She¢t
Notes to th¢ ALYounts
10-15
IJKome & ￿pe￿Ilt￿re Acwunt. 31 Morth 2021 EVINGTON REVENUE
16
Income & Exprnditwe A¢¢ount . 31 March 2021 EvfNGTON
17
tnwrne & Expenditure Account. 31 Marth 2Q21 CHARJTY CAprrAL
18
Jncome & Expthditure Ac<oiint. 31 Mar¢h 2021 CAprrAL FUND
19
SUMMARY OF FUNDS
20

HITS HOMES TRUST LIMrrED
)R THE YEAR ENDED 31ST MARCH 2021
CharityNam¢:
Hits Hornes Tru8t Limital (by GU￿￿)
Cl￿rity Rew8tration Number.
1049935
Compony R¢wion Number. 2912187 (England & Wale8)
Regist￿e0 01Sce and
86 Ewton Rood
Highfields
LE2 IHH
Dave Brn7ier (Chair)
KaileBh Bhayani
Vi¢toria SteplwnAon
S•er•tary
Kai1¢8h Bbay&ni
Mr8. N Siddiqui Wjlker
(Proie£t MADa8tt)
Jndepend•n¢ Examln¢
Celerica Limitol
First Floor
Th¢ Old Chyl
9 Kempson Road
LE2 8AN
BAnke
National We8tmiti¥t
PO Box 333
Silbury House
31)0 silb￿ Boulevard

H￿s HOMES TRUST LNrrED
FOR THE YEAR ENDED 31ST MARCH 2021
Thc tn￿te£S pr¢3ent their Tel￿ fmancial statanfflts of the charity for the ye4r endeAI
31 March 2021. Th¢ tnL8t¢e5 hav¢ adopt￿1 the prnYision8 of th¢ Statancnt of RecA)mmaLdcd
Practi¢e (SORP) 'A¢wuntin8 and Reportin8 by Chariti¢8' (FRS102) in prepari￿ the annual
fiDan¢ial stateEnents of the ejwity.
The fin￿CIal statements have be¢n prepttrnl in a¢ordance with the aLwunting poli¢ie8 8et
in th¢ note8 to the accounts and comply with the charity govLYnin8 doa]m¢n( the Ch&Titi¢s
Act 2011 and Accounting and Rewting by Charities: Statement of Rewmmeoded Practice
applicable to ch&itie8 pr¢parins their accounts in ￿rdanCe with th¢ FinanciaI Rwtin8
Standard applicable in the UK and Rqwb]i¢ of Jreland Publish￿1 in O(*ober 2019 (w3)nd
ition).
Th¢ dire¢toTh of the dwitsblc wmpany are a180 its tru8t¢48 for the puryoje of cjwitable law.
The tru8tees WI￿ have xrved durlDg the year and 8inex th¢ year end are a8 follow8:
Dav¢ Brazier
Kaileth Bhayani
Vi¢toria StephrA￿On
Kote¢ha
Ervin Pi¢4ri
Activi
The principal gctivity of the clwity continue8 to be:
The provision ofhousing and a980¢la￿l amenitie8 for young pff8on8 in L¢ieatW8hi
in necasitous Circum￿ on t¢rnl$ 4yopriate to their me4Th8.
b) To manage schome8 of housing deSigu￿ for young prnng in L%i¢ut¢rth ID
¢) To provide yowig in Ixice8tershire in neol of housing 8ffjd a880ciat¢d facilitie8.
advic4 ￿lstance ￿ support desi￿ to meet their di8abilitieB and rquitrmrAkn to
live indep￿tly.
The tfU8teeB h8V¢ WDsidernl the gen¢rnl 8u1dlln￿ on ￿thI1¢ benefit iwcd by the Cbaritiea
Cott)misaion and ba8 tsken due re8ard of that suid8n¢e. Tr In￿ L))n8id¢r they are
8ati$fied that the clwity$ a¢tivitie4 do provide a wide publi¢ ben¢fiL

ITS HOMES TRUST LIMITED
REPORT OFTHE MANAGEME￿ COM￿￿nEE
FOR THE YEAR EfADKD 31ST MARCH 2021 (CONTINUED)
Stra
evements
In 2020121. Hits Home8 c￿￿tIn￿ to provide temporny 8¢lf ¥l)ntsinal accommodation
to vulnaable slus1￿ homekn6 pwl¢ b¢tweth 16 to 25 y¢ar¥ old.
In 2020121. th¢ project ￿1Ve4 46 thquirie8 for ac¢ornm4)thioL Of the4 21 wer¢ Men
aNI 25 we¥e womaL
The etbnicity and nationajity of the referrals were:.
Whit¢ Brili8h 20: Black Briti4h 3. A8ian Britiab 4: Dual Herita8e 2: Other 7
Not Known 12.
The proj￿ 24 p￿)18. 13 male and I I femal&
The ethnicity and nationality of the indlviduals were:.
Whit¢ Briti8h 8: Black British 2; Dual HffAtw 3. A8i4n / British O. Othff I l.
The a￿.
16 >ffjQT8 old- 2; 17 y¢arn old- 7: 18 year8 old- 10, 19 y¢arn old- 1; 20 year8 om . 2; 21
)Yan old- 2; 22 ￿r& old- 1: 23 yeor8 old - 0. 24 ye&8 old - 0; 25 yew8 old- O.
LCC Houging
Still Acc￿m￿dated
15
Not Known
O (Univffgity)
24
With jimitsl re80urn and diffialltie8 obtsiniD8 ￿litional fillth& it colltinu￿ to
b¢ difficult th plan or dcvelop additional 8¢rvic¢s. The charlty with fllmncial
b￿c Incun￿ a deficit of £575 (2020: deficit £fj,673).

ll￿s HOMES TRUST LIMrrED
REPORT OF MANAGEMENf COMMITTEE
FOR THE YEAR ENDED 31ST MARCH 2021 (coNfINUED)
inancial
The c￿lty$ unrestrict￿ rcgerves at the end of the financial year stocrfj at £203,601. Of this
£199,670 been designat￿1 to a n￿Int￿￿e fund leavin8 £3930 as free rt8erve8.
Tbe free Unrestrict￿ reserv￿ of £3,931 has fallen from the prfflous yeAr tttml the tru8te
are ￿ntInuallY 8e&nB for oth¢r funding to kilitat¢ reg¢TveB to Lxiver approximatsly 6. 8 mon
tothl ¢xpthditure. Th¢ policy 18 a rol]in8 policy reviewed annually In view of the ri#kB jinkal with
the woputAe8 and th¢ iesiJlaliv¢ ¢hAD8M that can be implanent&l at any Biveo time.
•J
The Ch￿lty plaDJ to continue the activitie8 OUtlineAI th*ve in the forth¢￿8 ye4r8 subject
lo the wlltinuw￿ of Satisfactory funding arrang￿ts. Plans re al￿ bein8 developcd to
work with a nuniber of tr￿DID8 providers to provid¢ iti houje trAinin8 for 8orvic¢ u8ff8 to
eDable than to have a Bkills bue for ¢mploymart wbich will1¢*l to Ion8 tvm 8rrinful
Th¢ or8ani8ation 15 a cEwitabl¢ company ]imit&l by 8U•r￿￿4 without kn ￿ltA1.
The compan￿8 8overnin8 dO￿tat 18 the Memor8ndum Artide8 of A88ociation
which e8tabli8kn1 the obiKts Ind pwtn of the clwitable conwmy,
In the event of th¢ ¢ompanybdng wound up manbffs ue re4uirnI to contnljute Im amount
not £1.
The charity ha8 a arrenl Mana8anffjt CoJDrnit¢e¢ of 6 Memb￿ who me4t ovay 6 we4k8 and
ar¢ r¢sw)n￿ble for the Btrat¢8i¢ alr￿tIOn aod policy of the elwity. At pr¢sent tho Lx>niDlltt
m¢mber8 are from a y￿1¢ty of prots8ional backwund8 rclevant to the WO￿ of the th￿lty.
A gcbcme of dele8ation 1$ in pl￿ and day to day re8￿1>111ty for the proviBion of
s¢rviL%S rth with thc Projcct Mana8¢r. Th¢ Proj'ect Matw 18 also reswble for
en8win8 that th¢ charity delivttB the 8ervsceB Sp￿Rfi￿a and that k0ypcrforn￿
indicatOTJ are rnet ond a180 the day to day operational MAnft￿t.
The directors of the LX)mpany are al80 charity I￿￿te¢& for tbc prN)Be8 of ¢hJrity law and
Under the requircments of the meO￿Tanth 8nd Articles of A8xKiation the member8 of
the Mana8an¢nt Comznittc¢ arc el￿d amiu8lly to 8erve for a pffiod of one yer thr ￿l¢b
thry must be r¢-el￿tea at th¢ a¢xt Annual Genaal Me¢tin8.
One thi￿ of the rnembers or a minimum of three are rwir•l to 8tand forrtrel#llon al
e￿h Annual GfflQr￿ Mxting on a rotating b￿ll8.

H￿s HOMES TRUST LIMfTED
REPORT OF THE MANAGEME￿[ comm￿￿£
FOR THE YEAR ENDED 31ST MARCH 2021 (CONTINiIED)
to the nature of the obieKtivGy of the project much of the clwAty's focu￿8
are appmprl￿yTrfi￿l throuth the divrfsity of the tsusteebo8rd. To enh
Ihe pO￿ti&l wx)l of tsuB* thc chfjrity se£ks to tdentify >t)un8 pcople wTrM) ￿ve been
Tn ￿ effort to Maintain a broad mix of skills, members of the Managemfflt CollJmitte¢
arc requethl to pmvide a list of their 8knll8 (end it year) alld in the event of
p•tioulor 8killJ brrin8108t duc to Tetir¢meat4 individu￿9 opproa¢hol to offer them8dveB
Most tru8teeB Rre familiar with the Jractid WO￿ of the charity 08 the ¢baritylM8 woknl
in partnership with them ill a variety of field8 to ejthall￿ the 8upportlfOVi8ion provid
lo the yDull8 px)pI¢.
IILem8elves with the charity and the ￿ntext within whith it opaates. Thi8 is led by the
Pmje¢t Mow and overwa by the Chair of the CA)mmltt¢¢ and covorn:
l. A tour of the ￿ie£t.8 pr¢mi8
2. The obliytion8 ofmryfflt committ￿ manbffL
Artides of Amociatlo
4. R￿u￿1n8 and the curr¢nt fitiw41 poiition 48 O¢t out in the lat¢rt publisbed
S. Future planj and obj¢rtiV¢8.
to. A ii8k re8ithr is bein8 •8t•bI18b￿ ond will be annuglly. Whtt¢
approwix 8yJt¢ms and pmcedures have bc¢n eutabli8W to rniti8ats the riskB thttt the
charity fa￿. Ext¢rnal risks to fimthng hav¢ been minimi2ed with a strategic plan to allow
diveABifi¢ation of fiu¥1]￿ Internal control risks ate minimi$eAJ by th¢ In￿1¢￿nelltatIOn of a
financial policy 8rxl for ftlltlkn)Ti8￿ton of all transac￿ within the proj
Pro¢4lur¢8 Ire ill pla¢¢ to 4xwur¢ wliance with health and of 8tAff. volillitea4
prOj￿L
Pag• 5

FOR YEAR ENDED 318T MARCH 2021 (Corn)
wbicb giv¢ • fair vi¢w of the rtate of thir* of th¢ of th•
cl)••rv¢ th¢ mOJMJth willGipkn In the Cb•riti￿ SORP 2019 (TRS 102);
-IE.Pf6.292.J-
).MrDBTr7a

H￿s HOMES Trusr
INDEPENDENT EXAMINERSI REPORT
TO THE TRUSTEES OF Hrrs HOMES TRUST
FOR THE YEAR ENDED 31 MARCH 2021
W¢ report on the accounts of Hits Homo Tnmt for thc yellr endaj 318t Nfarch 2021 which are
toutonpaw 8t0 15.
Rupowlbllldej and of re￿rt
AS the L*arity trusteu of the company (and ￿ its dire¢ti)rn for tlw PuryK￿ of compatty law)
you are rwnsible for the prepatAtion of th¢ a¢xounts in with rwjirrnts of the
Companie8 Act 2006 ('the 21X)6 Act).
Having 8atA8fied ouroelves that the ficoymts of tho company are not requir•J to be audi￿1
unts Part 16 of the 2006 Act and are ellgible for independent ￿arni￿a￿￿ we report in r
of our eXamI￿tion w¢ hAV¢ followeA the DireLlioDs giv￿ by the Charity Commi88ion vllder
S￿lI0n 145(5Xb) of thc 2011 Act.
IDdep•ndent Emmkner'i Stat•ment
We have cornplthl our examination. We Ggn wnfirni that no mattLYS have c4)me to our
acc0utiti￿ reLx>rd8 were Tr)t in r¢￿e¢l of tbe LY)rnpany u requirnl by wlion 386
of th¢ Act; or
the accounts to not wmply wxth the acwuntin8 re4wiran¢nts of ￿10ft 396 of the 2(K)6
Act othtr thall ￿Y rquiran•nt that the Icwunts 8lv¢ a'tnw aad fAir vieww y￿1¢h 18 not A
the have not been prep￿￿ In with th¢ m¢thods And principEe8 of
prepaTill8 their acmts in with the Fin￿¢1￿1 Re￿￿till8 Standard applicable
to UK and R¢pub]i¢ of Ireland (FRS 102)
W¢ hav¢ no concun8 and Iwve come aLT088 no othff D￿tt￿8 In fA)nne¢lion vlith examination
to wbich attention Should be drawn in this rep)rt in onler to enabje a proper Und￿ of
CELERICA LTD
FIRST FtLK)R
THE OLD CHAPEL
9 KEMPSON ROAD
LEICESTER
11 Decew7￿ 2021

HITS HOMES TRUST LlhI
STATEME1￿ OF FINAIYCIAL AcrIvrriES
FOR THE YEAR ENDED 31 MARCH 2021
(]ncludlng Inconx and Expendllur•)
21
N•1•
Incom¢ endornts from:
ajarilable a¢¢ivitie
Inveatments
151,192
121XI
151,192 170.815
1,410
Totsl In¢ome And endowments
152
152
92 1
pmdlture on:
Charitsbl¢ a¢tivlti¢8
147,552
S,415
147.552 170.573
5,415
8,325
Tot•1 Exp•wJdlllln
152
67
152
67 17
898
Net Ineonx l ¢xpMdlturn
(575)
(575) (6,673)
Net nwven*nt In fund•
(575)
(575) (6,673)
R¢wnciliation of fimth:
Total fvad8 broughi forrwd
21J4176
2¥176 210049
Tot•1 fimd• canl•d fornrd
203,601 204 176
All fi8weB rela* to ¢ontitiUin8 opmlion8.

ASAT31 JL4RCH 2021
N•¢•
16
io
63343
66,389
146
212 639
216 875
13
203J89
204160
13
ij
3.931
199h70
11.160
a93,016
thp i¥•read•d 31 Mv¢h 2021.
Ar th¢ )w 31 PaK¢k2021 Ill wlth Seodrn 476 ofth¢ Aat 2016.

H￿s HOMES TRUST LI￿[
NOTES TO THE ACCOtINTs
FOR THE YEAR ENDED 31 MARCH 2021
l Accounthig Polici
l. Summary of ￿Kulfi¢￿t Aceounth8 poll¢k•
a GeDer•l Infonnatlon bA•b of prep*r*llon
Hits Homes Th￿t 13 a clmrity in England and Wales and a company liznit
by guarant¢c. Jn the event of tbe charlty bang woufml up. the lith'lity in rrnpe¢t of the
8uaTantee is limited to £10 per memb¢r of the Charity. The addrw of the chaTityJ h•Ad
office IB 8iven on page J of th¢8¢ finan¢ial statements. Th¢ tJatur¢ of the ￿￿1￿8 Opern￿O
Attd principal &divitie8 d¢tsiled on py 2 of thwe financlal statemats.
Th¢ clwity Lx>n8titute8 a public b¢n¢fit qlltity 08 d¢finfAI by FRS 102. The fioan¢Aal State￿)ellts
with the Financi￿ Rwtin8 Standard applicable in the UK and Republi¢ of 1rd￿d i88ual
in Octobw 2019, the Financial Re￿rting Standard applithle in the United Kingdom and
R¢publio of Irel￿￿1 (FRS I￿2), th¢ ChorAtie8 Act 2011. the Compani¢B A¢t 21YJ6 #od UK
Genen]ly Acuptul Accounting prxtica
The finencial 8tstcments are pwarnl on a 8oln8 LI)n¢￿ buil the bist0T1￿ ¢oJt
conventio￿ niodified to include thin itans at folr valu¢ where ci)ll8kdered n￿e83￿y. The
aThJ rourxled to the neare8t Fwd.
b Fun
Unre8tiyctAI fimd8 are avai]&)le for u8e at the diBcrvlion of the tru8t¢¢6 in filltbmce of the
8ffleral obie£tiv¢8 of the cknity aNI whl¢h have not bem d¢oAWte4 for other
Designats] funds ￿mprise uur¢8tri¢ted fimds that bave been 8¢t 08ide by the truJtcc4 for
finan¢i818latements.
Restrictal funds are fimd8 are to be u8&1 ia acL¥Jrkn with Sp￿fiC regtrirtion8
impos￿ by donoT5 or whith have b¢¢n rai8cd by the charity for particular p￿￿3C5. The
and use of ench restrALthI fund 18 8et out in the notss to the fmancial 8tatem¢nts.
e Imeom¢ reeognltlon
All inLX)min8 TesourLW are in¢lvd¢d in the Statement of Flnancial Aetivitie8 (SOFA) ThlKn the
¢h8rity is le8ally entitl￿ to the income after any perforrn￿ of ¢ondition8 have beffj m
the amount call be melwed rdiabty it IB probable that the inme will be rec4£ve4L
Pap 10

HITS HOMLS TRUST LIMITED
NOTES TO THE ACCOiINfS
FOR THE YEAR ENDED 31 MARCH 2021 (CONTINUED)
l Attoutttlng PolId￿ (CoDthiued)
l. Sumnwy Of ilgllla￿t ACtOUDths poll&• (Conthiued)
¢ Jneom¢ rwllldon {Conthill•d)
For donations to be T￿0￿18￿1 the CTr￿1ty will have be<n ￿tified of the amounts and th¢
Settlan￿t dats in writing. If thtt¢ are conditions att￿d￿l to thc donation Rnd thij T¢quirea
a level of p•formanLX before ents￿¢M￿t (xa be obtsin￿l then In￿Me 18 defared until
thos¢ ￿￿litiOnS are fully met or th¢ fulfilmcnt of those conditions is within the control ofthe
eknrity and it 18 probable th¢y vrill be ￿￿1¢&
DonAtthl facilities and donatrd pmfeg8ional 8ervAce8 are re￿￿tKa in inL¥>llW at their fwr
valu¢ when their benefit 18 probthl4 It can be ZlleA8￿ rcliably aDd the ¢b￿lty
ba8 control ovw the item. Fair vahw IB detffrnin￿ on th¢ b48i8 of th¢ v•lv¢ of the gift to
No Amount of tAnK 18 induded in the financial 8tat¢ll￿ for vohurt¢rr time in Jin¢ with SORP
FRS (102). Furthe& ddail is 8ivm In th¢ Tnwte¢8 Annul
Wkn praL*c4bl4 glts in kind donaled for disthution to the b¢n¢fi¢iarie8 of the ¢hKity are
to aBm the hir value at w or if the ￿8t8 to underth a valuation outwei8h any
b¢nefits then the fair Val￿ 18 rocogni8eA a8 a cOmpC￿ of donatiOQB when it 18 distributal
and an equivaleth amount r￿0￿1&￿1 a8 tharitabl¢ eXP￿lt￿4
FixeA 8ift8 in kind are reco8aise4 wh•n rettivable are included at fair value. Th
are not defeff￿ over the life of the asmt.
For I•8￿1￿ entitlanent i* th• •*rli•r of th¢ ¢harity ￿An8 DOtifi¢d of impffjdxn8 diotribution
or the le8acy bein8 receival. At thi8 point inc4)me IB r￿O￿lIa￿l. On oc￿10￿ le￿ie¥ will
be tiolifithl to the clwityhowever it 18 not P088ible to n￿suTr the anM)unt expxted to be
distnljutal on these O￿L(￿￿, the legacy is treat￿1 ￿ a eontiDsent ￿et And di8clo8ai
a¢liviti¢s to raise fuzlll8 for the clwity. Inc4)me IJ wxived in exchange for 8upplyin8
tntwe8t income is recogaiseAI u8ing the cffcctive intern¥i mdhod. Any dividend and rnt
i￿A￿lle is reco8rri8ed As th¢ clJarity8 right to reLxive payment 18 establis1￿4.
P8ge 11

Tr￿Ts HOMES TRUST LIMITED
OTL8 TO THE AccoiJNrs
FOR ThE YEAR ENDED 31 MARCH 2021 (CONTINUED)
l Attoullthg Polldes (Conthiued)
l. SllnuDary of Jlgnlfi¢ant accounthig polldu (Conthiued)
All expenditure is awounted for on all aciYual8 ba818 and has been das81fi￿ under
headi￿ that awegate rA)8t8 r¢lat&l to the cat¢gory. Expmditure is rewgllised where
there is a legal or constr￿tive obligation to make paym¢nts to third partie4 it 18 probable
that the sdtlement will be requirnl and the amount of th¢ obliwion aqn be me48ured
relkably. It 18 cate8ofAKd under the followin8 hethg8:
C08t of rai8in8 fill
Expamlftture on ch￿l￿ble activiti&8
Other expenditure reweaents those item8 not fallin8 into th¢ above ￿te￿￿e8.
Izreeov¢tabl¢ VAT 18 ChAr8￿ a8 an ¢xpen8e a8ain8t the activity for whi¢h th¢ oxpoMlitur¢
Support ¢o•ts Allo¢*do
Support CO8ts are those that ts8i8t th¢ work of the charity but do not dirThxly repreafflt
Ch￿itable activities include office wsts* 8overnanrx colts and adrnini8trative
They are incurred directly in support of expe￿alture on th¢ objects of the charity.
Fundrai8in8 costs are th08e inaurnl in 8thig vohmtary ￿nIn￿UtIonS and do not include
th¢ costs of di88anwtiD8 infornmtion in support of the ¢harAtable activiti¢8.
The AnAIyri8 of th¢8e lxwts is in iDcludeA in note 7,
T•nglbie ￿e￿
No depreciation li provided on tangible fixed usets. Assets are written off at the time of
pU￿bAS¢. This 1$ Contrary to the rquir¢ments of FRS 102. The trustee8 a)nJid￿ that
tIMe assets will Imve a Small re4idual value at the end of C￿* fill4￿141 y•or.
Debton Ind cre411ton reeefv*ble I payable wlthth one yMr
I)¢btoD and LThlitoTr with no ststthl intuat rate and receivable OT PAyablc vlithin one )¢
are rewtded at Irn)a￿On ￿lle¢. Any108g¢s arijing from impainnmt are zfWBD18￿ in
ProvisioL8 are rrxo8Disal whffj th¢ c1￿7ty has an obliwion at the bAlan¢¢ 8beet dat¢ a•
a r¢sult of a pL8t Et 18 probable that an oufflow of b¢n¢fits will be requir￿1
in settlrm¢Dt and tb¢ ￿nOUnt can be reliably c8t1m*￿.
Rentals payable or receivable operatinB1¢08e8 ore ¢￿geA1 to the SOFA on a
straight lin¢ basis th¢ wiod of tb¢ legR
Page 12

Hrrs HOMES TRUST LIMrrED
NOTES TO THE ACCOiJNTS
FOR ThE YEARENDED 31 MARCH 2021 (CONTINUED)
Aewinthig Polkld (C•ttthiu¢d)
of d8nH1c￿t a¢¢ounthi8 poli¢ieB (Continued)
J Tuadon
frojn UK dIr￿t t￿8110
k Colng eoneern
believ¢ that no materid un￿rt￿ntieS exisL The trustec8 I￿ve f￿8]d￿Cd the level of
fund8 held aud the • level of 1￿me atsd expenditsre for 12 months from
8uffi¢iffll with th¢ levd ofre4aveB for thc clwity to b¢ able to continue ￿ a goin8
2. Net Ineome l (Expelldlture) for the yeAr
I)¢preoiation
3 DonAtlon• lep
021
202
4 ￿111¢*ble Aedvll
Re￿ts1. ￿vIce ckng¢ aNI Supm P&)ple Income
151192
170815
5 Inv•thfflts
6 Tot•1 E￿￿dIthr¢
verhea
020
Cknitable ￿VIde8
84.160
12,398
96,558 147,552
5.415
5.415
IOJ 973 152,967
84.160
l(kS.416
50.990
170,573
8J25
178,898
50,990
Pagg 13

HITS HOMES TRUST Lll￿lTED
NOTES TO ACCOUNf8
FOR ThEYEARENDED31 MARCH2021 (CONfJNUED)
7 Support Cojts
Salarie•
31.126
29,967
2.825
9574
19,864
63,393
2,525
13,549
18.112
64,157
Offic¢ coats
1,560
3,855
Bookkwin8 ¢08ts
Profe8sionAI feel
5,415
8.325
9 Tanobk Flxed Amets
Corti
l Apil 2020 and 31 M•T¢h 2021
21,0(Ki
52,067
73,067
A• at l Awil 2020
Char8¢ for th¢ Irar
at 3] Mar¢h 2021
20,999 51052
73.ojl
20,999
52.056
73,055
et Book Valle:
Al It 31 March 2021
li
12
t 31 March 2020
15
16
10 Del)to
Rents receivable
5.174
58.069
63,243
8.943
66,389
11 Credltor•: Atyownts du¢ wtthlo •n• ymr
Accrual•
13286
13286
8,479
8,479
Pap 14

NOTES TO THE AccouNrs
FOR THE YEAR ENDED 31 MARCH 2021 (COhrylNiJED)
12 WAW and SAlarf
21
50,990
48.079
Av¢ra8¢ tsunbtr of ¢DypIoy•
All Ar¢ emplo￿1 bytbe cbArity. No ell¥lo￿ earn•d morp thAD £60,[￿ p.a.
13 Unr¢•trkW
Capitsl Fund
49.988
38.828
11,160
1200
{1,200)
49,988
46,057
3,931
112,924
1112,924)
95.095
10,000
73,016
120.000
5&697
(40,043)
(10.0001
79.67Q
120,0(M)
152 392
152.967)
The Capital Fund ha• bc¢n 8amt¢d over th¢ y¢•rn 00 ae4)Xtht of th¢ wviL¥J Gh￿￿8. Th¢
fimd MAY be uxd r¢pair¥, mAinteD￿ ond other wJn¢ipl¢ *ivitits of the CI￿Lty.
14 Trult
IS C•)ntrts]]Ing Int¢r¢AI
16 ShAre C•ptt
Py15

INCOME ANII EXPENDTfuRE ACCOUNr
FOR ThE YEAR ENDED 31 MARCH 2021
18.699
18,699
50,990
4&079
Trnv¢l
Trni
Building Expetue•
Li8ht & HeAt
155
875
274
1,084
1,576
U25
911
128
751
287
1207
3,135
Eq￿lpInellt
T•l¢phone
Stationtty, Poltsge & Ththli¢ation•
aea1￿# Mbteritil•
518
13
Ho4)italty& A¢tivit
Bookkw Fe
62
3,840
3.855
299
7,349
Ptof¢88iond fe
72J04
N¢t Ill￿¢ (delldt) for th• Y•tr{mi p•ge 20)
P49 16

Hfis HOMES TRUST LIM￿ED
FOR TBI YEAR ENDED 31 MARCH 2021
021
2020
45,536
48,959
27,321
29,376
72,857
78,335
80,662
71.414
Ho￿108 Benefit re 88 Evinglon Road
I%icc8tcr City COU￿11 Sllpk￿ charye8
DamaBe8 ropfjid re 82184 Evin8ton RofAI
31
94A95
54697 151192
152,116
R¢ 8W84 EMn8ton Road
16.062
1.633
394
16.062
1.633
394
22982
18.012
1,474
486
34.321
Light & Hcat
Rent . (Midlffjd H•mt)
22,982
2,146
20235
2.146
43,217
1257
55,550
22,982
Re88E*Ro
16214
1,474
16214
1.474
17242
869
28J17
21,135
21.135
Mi•¢elJanw
1.276
19,808
1.276
1529
50,866
21,135
44,117
io
Net InL*N¢ (ddldt) for tht Year (M• pw 20)
Py17

FOR THE YEAR ENDED 31 MARCH 2021
1,200
1.410
Tell￿ts AcdTA¢i
Movin8 Path for Flats
Tenant Fu¢1
174
174
NrtI•efjw• (Tldltlt) hr the YMr{Me PAY
P•p 18

1.410
NrtJnem¢ lor the Yev (••• pw 20)
19

FOR THE YL4R El￿ED 31 MARCH 21121
202
(68.804)
(53,IAI5)
EvfNGTON RENTS AND SFRVICE CHARGE SURPLUS
67.033
45.71M)
1236
(571)
(6,669)
Le86 DW￿latIon for the year
(4)
(4)
(575)
(6,673)
FUNDS BROUGErr FORWABD
204.176
2JO,849
3.931
79.670
120.000
11.160
73.016
120,(KN)
DESIGNATED MAINTENANCE FUND
DESIGNATED PROPERTY FUND
Pag• 20


**Hits Homes Trust 86 Evington Road Leicester LE2 1HH 0116 2545429 www.hitshomestrust.co.uk** 

**"PROVIDING HOMES FOR YOUNG PEOPLE SINCE 1981"**