R£GISTERED COMPANY NUMBER: 03191544 (England and W2le$)
REGISTERED CHARITY NUMBER: 1056192
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024
FOR
700 CLUB
CPT
Chart¢r¢d C¢rtifi¢d Accountants
ststutory Auditors
80 Victoria Road
Darlington
County Durham
DLI 5JG

700 CLUB
CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2024
Page
Report of the Trustee$
Report of the Independent Auditor5
7 to 10
Statement of Financial Activities
11 to 12
Balance Sheet
13
Cash Floiv Statement
14
Notes to the Cash Flow Statement
15
Notes to the Financial Statements
l6 to 34
Detailed Statement of Financial Activities
35 to 37

700 CLUB
REPORT OF THE TRUSTEES
for the Year Ended 31st March 2024
The trustees who are also th'rectors of the charity for the purposes of the Companies Act 2006, present their report with the
financial statements of the charity for the year ended 31st March 2024. The trnstees have adopted the provisions of
Accounting and Reporting by Charities.- Statement of Recommended Practice applicable to charities preparing their
accounts in ac¢ordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of the Charity are the relief of those persons in tbe North-East of England (being the area to the East of the
Pennines stretching from and including the county of North Yorkshire in the South to the border with Scotland in the North)
who are in conditions of nee(L hardship or distress. in particular by the provision of temporary accommodation.
The overall strategy of the Charity 15 shaped by its charitable objects and exemplified in the Annual Review.
The primary measure of success is that individuals are able to live independently. without suppoQ in accommodation of
their choice. Overcoming the barriers to this includes addressing issues like addiction. anti-social behaviour. and skills
deficit. Projects are all presented in the Annual Review.
The Trustees, short-tenn objective is to maintain and sustain current business by ensuring that ￿ndIng is in place and that
new funding streams are identified. Longer tenn objectives are set out in the 5-year business plan. Following the success of
the Church View Apartments Project, the Trustees are progressing a plan to provide longer-term accommodation for
difficult to manage individuals who ffquire intense support.
STRATEGIC REPORT
Achievement and performan¢e
Charitable activities
Please see Annual Review.
Funding is in place to secure all projects in the desi￿￿ted timescale.
No material expendI￿re was incurred in the work of fundrdising. Charitable income is gained using the charity's existing
resources.
The charity has responsibility for approximately 150 people eacb day.
Improved housing status translates into improvelnents in other areas. For example, lower levels of druglalcohol
consumption. greater uptake of treatment services, lower levels of drug related crime. higher levels of public safety, less
long-lenll use of medical services. The organisation has developed specialist skills in working with those experiencing
addiction.
All projects have different perfonnance indicators that align with the interests of the fiinder.
Investment performance
The ch￿ltY does not hold any investments.
Page I

700 CLUB
REPORT OF THE TRUSTEES
for the Year Ended 31st March 2024
STRATEGIC REPORT
Achievement and performance
Internal and external factors
Change of political administration is a risk factor - as change risks adjusting fijnding priorities. The charity is strongly
supported by the current Labour administration and by the Local Authority- Its work is aligned to the priorities laid out in
th¢ local strategy and is contributing to its revisio￿ Its work aligns to the 2021-26 'Conununity Safety Plan,.
The acquisition of fvnding, and budgets elsewhere, are being squeezed by the Cost-of-living crisis. The organisalion has
managed to negoliate through this, lifting contract levels and. as a result, lifting staff salaries. This has helped to relain staff
and matnlain services.
The country is tu￿entlY experiencing a housing crisis. The number of homeless people has risen significantly, there are
high numbers in temporary accommodation, and the private rental sector is shrinking beeause of increased govemment
legislation and the failure of the buy to let market. Finding accommodation for service users to move to is extremely hard.
Finaneial revieiv
Financial position
The charity had a overall surplus of £335,785 for the year ended 31 March 2024 (2023 £186,339). This consisted of a
surplus on unrestricted funds of £200,584 (2023 surplus £281,608) and a surplus of £135,200 (2023 deficit £95,269) on
restricted ￿llds.
The total fvnds available to the charity at the year ended was £2,338,187 (2023 - £2.002,403) consisting of £766, E37 (2023 -
£565,553) of unrestricted funds and £1,572,050 {2023 - £1,436,850) of restricted funds.
The charity is financially strong and is operating with a surplus. The development of Church View Apartments and the
revenue it provides give tbe charity a strong foundation.
Principal funding sources
The financial position of the charity has remained stable. Where funding streams have come to an end, new money has been
found. Local Authority fundiiig is acquired through public tender. Risk of loss of contract income is minimised by high
emphasis on quality of delivery.
The Board of Trustees review the company risk register on a regular basis.
Investm¢nt policy and objectives
The Charity does not have a policy for the selection of investments or for the selection of thosc who might receive monetary
grants out of the assets of the charity.
Reserves poliey
The 700 Club has a reserves policy. The Board consider that it is prudent to set aside. in reserves, an amount equivalent to
three months operating costs calculated and reviewed annually. Only some of the company's reserves are liquid.
Funds in deficit
The Charity does not have any funds materially in deficit.
Page 2

700 CLUB
REPORT OF THE TRUSTEES
for the Year Ended 31st March 2024
STRATEGIC REPORT
Future plans
The Trustees intend to maintain the current projects for ￿tUre periods. The development of a specialist project for
individuals who have failed to thrive along the existing homelessness pathway has been set aside because of escalating c05t.
and the grants won will be directed to family accommodation. The hope, in the next financial year, is to develop 12 units of
family accommodation in partnership with Homes England as a way of meeting the crisis of those in ternporary
accommodation.
The charity is moving towards a situation where it is sustainable in the long temi. Local Authority contracts have been
assigned for the next five years.
STRUCTURE, GOVERNANCE AND MANAGEMEf4T
Governing document
The charity is controlled by its governing document. a deed of tNst. and constitutes a limited company, lirnited by
guarantee, as defined by the Companie5 Act 2006.
The 700 Club is a company limited by guarantee. incorporated on 26 April 1996 and registered as a charity on 17 June
1996. The charitable company was established under a Memorandum of Association which established the objects of the
charitable company and is govemed under ils Articles of Association. The Memorandum and Articles of Association were
both amended by Special Resolutions dated 8 January 1998, 10 September 1998. 22 November 2005, 19th February 2015
and 14th June 2019.
The Memorandum of Association contains various power5 (such as powers to acquire property, to bo￿OW money, to employ
staff and lo provide advice and support) exercisable in pursuit of tbe Objects.
Frotn 5 Mareb 2015 the Charity registered as an RSL with the Homes and Cornrnunities Agency (4811), now regulated by
the Regulator of Social Housing.
Recruitment and appointment of new trustees
The 700 Club dlways welcomes xpproaches from people interested in joining the Board. The Board Members themselves
take a proactive approach to re¢ruitment, speaking with people they feel would have something to contribute to the Charity
At the Board level.
Prospective Board members receive a welcome pack including a ￿11 explanation as to how the 700 Club operates and what
would be expected of them as a member of the Board. The explanation includes their responsibilities undcr both the
Companies Acls and the Charities Acts.
Prospective Board members stsrt with the 700 Club as fornial attendee￿Co-optCd Members until the Annual General
Meeting takes place and they either become Directorsrrrustees or they remain fomlal attendees/co-opted members because
that fits in with their other role(s) and the demands on their time.
Organisational structure
This is covered elsewhere in the Annual Review.
Decision making
The Boar(VTrust¢es are advisory and off¢r scrutiny over the operational aspects of the charity. Senior Management
Meetings are the primary decision making context (minutes are stored) for operational matters.
Page 3

700 CLUB
REPORT OF THE TRUSTEES
for the Year Ended 315t March 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Induction and training of nelv trustees
A5 part of their induction, the Board members receive a welcome pack that contains relevant Charities Act and Companies
Act details, explanation of the Trustee role and responsibilities and relevant job description. details about the Board
structure, code of practice, conflict of interest policy and procedures, 700 Club Board level governance principles,
Memorandum and Articles of Assoeiation, long temi strategy, current business plan. detsils about various projects within
Ihe 700 Club and any relevant fornis. They are also invited to look round 700 Club projects and rneet the staff and
volunteers from various work streams. They are invited to other internal and external meetings to improve the knowLedge,
skills and understandings relevant to the voluntary work they do for the Charity.
Key management remuneration
The Board set the salary increments on annual basis. Salary levels are set using comparntive data from similar organisations.
The CEO and Head of Sttategy and Development's salary is assessed relative to parallel roles elsewhere.
Wider network
The charity has no fonnal relationship with any other body except tbrough the provision of revenue (contracts. grants, etc).
Strong operational partnerships are in place, however, with the Police, Local Authority, and CAB. The charity forn]s
partnerships to assist service users reach their goals. The charity has been instnllnental in both the development of
Darlington Connect and in administering the GoV￿nMent Household Support Funding. It hold funds for both.
Risk management
The 700 Club has developed, established, and implemented a range of relevant policies, controls, and procedures to identify.
mitigate and monitor the risks to which the charitable organisation may be exposed. In every area of its cliaritable bu8iness,
namely people (¢lients, staff, volunteers, and visitors). finance, health and safety, quality, environmenL pToperty. and
reputation, it tries to minirnise risks and optimise positive outcon]es.
REFERENCE AND ADMINISTRATIVE DETAILS
ReElStered Company number
03191544 (England and Wales)
Registered Charity number
1056192
Registered office
Roadway House
Beaumont Street West
Darlington
County Durharn
DLI 5SX
Trustees
Mrs M Stoney Trustee (resigned 211912023)
Dr S Waterworth Tlustee
L Excell Trustee (resigned 211912023)
L Vasey Chairperson
S Hamilton Trustee
D Allaway Trustee
C D Hunter Treasuffr
Cotnpany Secretary
S Hamilton
Page 4

700 CLUB
REPORT OF THE TRUSTEES
for the Year Ended 31st March 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Auditors
CPT
Chartered Certified Accountants
Statutory Auditors
80 Victoria Road
Darlington
County Durham
DLI 5JG
Solicitors
Lalimer Hinks
5-8 Priestgate
Darlington
Co. Durham
DLI INL
Bankers
Barclays Bank plc
31 High Row
Darlington
County Durham
DL3 7QS
Regulator of Social Housing number
4811
The key personnel are Yvonne Beattie (CEO) and John Elliston (Head of Strategy and Developrnent). They are the conduit
between the Board and the workforce in both directions.
PUBLIC BENEFIT
The charity's aims and achievements are set out within this report. The activities set out in this report have been undertaken
to further the charity's charitable purposes for the public benefit. The Trustees have complied with Ibe duty under Section 17
of Ihc Cbarities Act 2011 to have due regard to public benefit guidance published by the Charities Commission and the
trustees have paid due regard to this guidance in deciding what activities the charity should undertake.
MEMBERS
Membership of the 700 Club is open to all adults who live or have a place of work within 20 miles of Darlington Market
Place and who are accepted by the Directors as members.
Members have the right to vote at General Meetings, the voting rights including the appointrnent of the Directors of the
charity. Members receive regular updates on the work of the charity and have opportunities to look round the projects and
find out more about the work of the 700 Club.
Page 5

IOU C'I.[!11
i) r.po IIT l) i.- i-ll r. I'iii S'i'l,- L.5
ST A TL4 111 L￿,T £)r 'rRLIS-[I,b.S' RE%I)oN%ir411.1-i-I I
I Ili¢]nLL' %LiiLiniiil%: lind
pt[IDIT()IIS
('. D I IuiiLCI'

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
700 CLUB
Opinion
We have audited the financial statements of 700 Club (the 'charitable company,) for the year ended 3 1st March 2024 which
comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial
statements. including a summary of significant accounting policies. The financial reporting framework that bas been applied
in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accountiiig Practice).
In our opiiiion the financial statements=
give a true and fair view of the slate of the charitable company's affairs as at 31 March 2024 and of its incoming resources
and application of resources, including ils income and expenditure, for the year then ended.
have been properly prepared in aecordance with United Kingdom Generally Accepted Accounting Practice. and
have been prepared in aecordanee with the requirements of tlie Companies Act 2006, the Housing and Regeneration Act
2008 and the Accounting Direction for private registered pmviders of social housing in England 2022.
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 ￿rtI]er described in the Auditors, responsibilities for the audit of the financial
statements section of our report. We are independent of the charitable company in accordance with the etliical
requirements that are relevant to our audit of the financial statements in the UL including the FRC'S Ethical Standard, and
we have fillfjlled 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 tnjstees, use of the going concern basis of accounting in the
preparation of the financial statements is appropriate.
Based on the work we have perforn]ed, we have not identified any rnaterial 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
concem 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 ttustees are responsible for the other infonnation. The other inforniation comprises the infornlation in¢lud¢d iii the
Annual Report, other than the financial statements and OUT Report of the Independent Auditors thereon.
Our opinion on the fmancial statements does not cover the other infonnation and, except to the extent otherwise explicitly
stated in our report, we do not express any fonn of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other infonnation an& in doing so.
consider whether the other inforn]ation is materially inconsistent with the financial statemenls or our knowledge obtained in
the audit or oihenvise 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
Ih¢mselves. If, based on the work we have perfomicd, we conclude tbat tbere is a material misstatement of this other
infonnalion. we are required to report tljat facL We have nothing lo report in this regard.
Opinion5 on other mgtters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of th¢ audit-
the infonnalion given in the Report of the Trustees for the fjnancial year for which the financial State￿entS are prepared
is consistent with the financial statements. and
the Report of the Trustees has been prepared in accordance with applicable legal requirements.
Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
700 CLUB
Matters on which we 4re required to report by exception
tn 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 Report of the Trustees.
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:
adequate accountiiig records have not been kept or returns adequate for our audit have not been re¢eived from brnnches
not visited by us- or
the fiiianciil statements are not in agreement with the accounting records and retums. or
certain dtsclosures of trustees, remuneration specified by law are not made. or
we have not received all the information and explanations we require for our audit.
In addition, we have nothiiig to report in respect of the following matter where the Housing and Regeneration Act 2008
requires us to report to you if, in our opinion..
a satisfactory system of Control over transactions has not been maintained.
Responsibilities of trustees
As explained more fulLy in the Statement of Trustees, Responsibilities, the trustees (who are also the directors of the
clwitable eon)pany for the purposes of company law) are responsible for the preparation of tbe financial statements and for
being satisfied that they give a true and fair view, and for such intemal control as the tNstees detemiine 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 chaTitable 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 trnslees either intend to liquidat the charitable Company or to cease operalions, or have no realistic
alternative but lo do so.
Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material
misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion.
Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordance with ISAS
{UK) will always detect a material misstatemeiit when it exists. Misslatemenls 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 statemeiits.
trregularilies, including fraud, are instances of non-compliance with laws and regulations. We destgn procedures in line
with our iesponsibililies, outlined above. to detect material misstatements in respect of inegularities, including fraud. The
extent to which our procedures ar¢ capable of det¢cting irregularities, including fraud is detailed below:
Assessing and responding to risks of material misstatement due to non-compliance with laws and regulations:
We identified areas of laws and regulations that Could r¢a50nably be ¢xpe¢ted to have a material effect on the financial
statements from our general commercial and sector expertence. and through dis¢ussion with key management in their
identification and policies and procedures regarding complian¢e witli laws and regulations.
The identified laws and regulations were shared with Ihe audit tearn and the team remained alert to indications of
non-compliance throughout tbe audit.
The charitable company is subject to laws and regulations that directly affect the financial statements including financial
reporting legislation. We deterniined that the following laws and regulations were most significant. Employment Rights
Health and Safety at Work, Safeguarding and Pensions legislation. Whilst the charitable company is subject to other laws
and regulations, we did not identify any others where the consequences of non-compliance could have a material effect on
amounts or disclosures in the financial statements. including going concern.
Page 8

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
700 CLUB
We undertook a thorough review of the board minutes with a view to identifying any instances of non-compliance.
Assessing and responding to risks of material misstatement due to fraud..
We assessed the susceptibility of the charitable company's financial statements to material misstatement, including how
fraud might occur. We considered the oppormnities and incentives that may exist within the organisalion for fraud, we also
considered the impact of any business targets, the personal financial circumstances of management and staff to ¢Trate a
drtver for frdud. .We identified the greatest potential for fraud in the following areas,. posting of fraudulent journal entries,
Authorisation, processing, payment of fraudulent expenses and revenue recognition.
Audit procedures perfonned by the engagement team included-.
Enquiring of key management as to the pmcedures and policies lo prevent and delect fraud.
Reading board minutes.
Using analytical procedures to identify any unusual or unexpected relationships.
Ideiitifying and testing journal entries, in particular any journal entries posted with unusual account combinations.
Testing income. in particular cut off testing, to establish if incorne has been recorded in the correct period.
The identified fraud risks were shared with the audit team and the team rernained alert to indications of fraud throughout the
audit.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those
leading to a Tnaterial rnisstatement in the financial statements or non-compliance with regulation. This risk iiicreases the
more that compliance with a law or regulation is rernoved from the events and transactions reflected in the financial
statements, as we will be less likely to become aware of instances of non-eompliance. The risk is also greater regarding
irregularities occurring dv¢ to fraud rather than error, as fraud involves intentional con¢ealment, forgery, collusion,
omission or misrepresentation.
We communicate with those charged with govemance regarding, among other matters, the planned scope and timing of the
audit and significant audit fiudings. including any significant deficiencles in internal control that we identify during our
audit.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting
Council's website at www.frc.org.uk/auditorsresponsibilities. This description fornis part of our Report of the Independent
Auditors.
Page 9

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
700 CLUB
Use of our report
This report is made solely to the charitable company's rnembers, as a body, in accordance witb 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 auditors, report and for no other purpose. To the fullest extent pern)ilted
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 iudit work, for this report, or for the opinions we have fomied.
Brian Thompson (Senior Statutory Auditor)
foT and on behalf of CPT
Chartered Certified Accountants
Siatutory Auditors
80 Victoria Road
Darlington
County Durham
DLI 5JG
Page 10

700 CLUB
STATEMENT OF F1Tr4Af4CIAL ACTIVITIES
INCORPORATING AN INCOME AND EXPEIYDITURE ACCOUNT
for the Year Ended 31st March 2024
2024
Total
nds
2023
Total
fund5
Unrestricted
funds
Restricted
fijnds
Notes
INCOME AND ENDOWMENTS FROM
Donations aiid legacies
19.415
152
19.567
17,838
Charitable Activities
Hope House
St Georges Ha]1
Floating Support Projects
The Lodge
Street Outreach Project
CMF
Churcli View Apartments
Housing First
Out of Town Support
First Steps Housing Project
Move on Flats
New Projeet Development
Wider Community Support
461.864
362.683
74,911
333,128
37,924
461,864
362,683
98,270
333,128
55.924
6,000
685.116
10.000
384,440
287,104
199,049
224,361
79,250
6,000
594,701
17.500
28,000
36,795
41,088
12,587
320,000
23,359
18,000
6.000
103,912
581,204
10,000
36,795
45,160
36,795
45.160
216,047
536,615
216,047
536,615
Investment income
Other income
6,696
49
6,696
49
iio
303
Total
1969,829
904,085
2,873,914
2,249,126
EXPENDITURE ON
Raising funds
1,323
1,323
816
Charitable activities
Hope House
St Georges Hall
General
Floating Support Projects
The Lodge
Sireet Outreacb Project
CMF
Covid-19 Measuies
Church View Apartments
Housing First
Out of Town Support
First Steps Housing Project
Move on Flats
New Project Development
Wider Community Support
Sports Fund
425,509
339,830
39,408
79,306
318,851
37,778
425,509
339,830
39,408
103.265
318,851
55,402
6,603
8,494
651,401
11,656
43
33,389
24,636
17,032
498,740
2,548
374,815
283,202
23,959
174,714
266,373
41.514
7.182
8,493
556.712
7,781
24,762
30.867
21.091
12,587
251.878
17,624
6,603
6,679
213,799
1,8l5
437,602
11,656
43
33,389
24,636
17,032
478,020
2,548
20,720
Total
l 771 866
766 264
2 538 130
2.062,787
The notes forni part of these financial statements
Pag¢ll

700 CLUB
STATEMENT OF FINANCIAL ACTIVITIES
INCORPORATING AN INCOME AND EXPEINDITUIiE ACCOUNT
for the Year Ended 31st March 2024
2024
Total
funds
2023
Total
funds
Unrestricted
funds
Restricted
funds
Notes
NET INCOME
Transfers between fund5
197,963
2,621
137,821
335,784
186,339
20
Net movement in funds
200.584
135.200
335.784
186.339
RECONCILIATION OF FUTrIDS
Total funds brought forward
565,553
1,436,850
2.002,403
1.816,064
TOTAL FUNDS CARRIED FORWARD
766.137
1,572,050
2,338.187
2,002,403
The notes form part of these financial statements
Page 12

7UO CLUB
REGISTERED IYUTrIBER: 03191544
BALLNCE SHEET
31st Mareh 2024
2024
Toral
funds
2023
Total
nds
Unresu'ictsd
fwid5
Restricted
fi]nds
Notes
F￿ED ASSETS
Tajyble assets
13
640,Wi
,523.901
1163 902
2,039,182
clTRRE￿ ASSETS
Debtors
Cash at bank axd in hand
14
29.826
706.27?
3. l86
93.997
33,012
800.269
80.688
73&098
97.183
833.281
653,J82
CREDITORS
Amounts falling due within oDeye8r
15
(90.230)
{49,034)
1139.264)
{159.161)
NET CiIRRENT ASSETS
645,868
48.149
694,017
494,2?1
TOTAL ASSETS LESS CURRE
LtABILITfES
1285.869
I,572.050
2,857,919
2.533.403
CREDITORS
Amounts falling due after more than one yvdr
(519.732)
(519,732)
(531.000)
T A&SETS
766.137
33
2 002 403
20
un￿Stil¢kd funds
R¢striGtsd funds
766,137
1571050
565.i53
1436.850
TOTAL FUYDS
2338.187
2.002,403
The financial statu￿￿ts were approved by the B(VArd of Tsustees and authorised for issue on ..
Ithd were signed on its behalf by.
L Vasey- Tn]stc
C D Hunter- Tn]stee
The notes forni part of th¢se financial 8tstemcnts
Pagc 13

700 CLUB
CASH FLOW STATEMENr
for the Year Ended 31st March 2024
2024
2023
Notes
Cash flows from operating activities
Cash generated from operations
Interest paid
521,413
42.287
347.673
28,018)
Net cash provided by operating activities
479,126
319,655
Cash flows from investing activities
Purchase of tangible fixed assets
tnlerest received
(283.955)
6,696
{73,085)
iio
Net cash used in investing activities
277 259)
72.975)
Cash flow$ from finAneing activities
Loan repayrnents in year
10,749)
Net cash used in financing activities
10,749)
14,443)
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning
of the reporting period
191,118
232,237
572,694
340.461
Cash and cash equivalents at the end of the
reporting period
763,814
572,694
The note5 fonn part of these financial statements
Page 14

700 CLUB
NOTES TO THE CASH FLOW STATEMENT
for the Year Ended 31st March 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Net income for the reporting period (#$ per the Statement of Financial
Activities)
Adjustments for:
Depreciation charges
Interest received
Interest paid
Decreasel(increase) in debtors
(Decrease)lincrease in creditors
335,784
186,339
159,235
(6,696)
42,287
47,676
56.873
156,855
{iio)
28,018
(35,250)
11,821
Net cash provided by operations
521.413
347 673
ANALYSIS OF CASH AND CASH EQUIVALENTS
2024
2023
Cash in hand
Notice deposits (less than 3 months)
Overdrafts included in bank loans and overdrafts falling due within one year
608
799,661
36.455)
608
572,086
Total cash and ¢ash equivalents
763,814
572,694
ANALYSIS OF CHANCES IN IYET FUNDS
At 1.4.23
Cash flow
At 31.3.24
Net Cash
Cash at bank and in hand
Bank overdraft
572,694
227,575
36,455
800,269
36.455
572.694
191,120
763,814
Debt
Debts falling due within l year
Debts falling due after l year
(10,l34)
531.000)
(519)
11.268
(10,653)
519,732)
541,134)
10.749
530,385)
Total
31,560
201.869
233,429
The notes forn) part of these financial statements
Page 15

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial slalemenls of the charitable company, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Financial Reporting Staiidard 102 'The Financial Reporting Standard applicable in
the UK and Republic of Ireland,. the Statement of Recommended Pra¢li¢e Ac¢ounting for Registered Social
Housing Providers 2018 (Housing SORP), the Accounting Direction for Private Registered Providers of Social
Housing 2022, the Companies Act 2006 and the Charitie5 SORP (FRS 102) 'Accounting and Reporting by Charities..
Sialement of Recommended Practice applicable to cliarilies preparing their accounts in a¢cordance with the
Financial Reporting Standard applicable in the UK and Republic of treland IFRS I02) (eff¢ctiv¢ l January 2019),
The financial statements have been prepared under the historical cost convention.
The charitable company is private limited by guarantee, incorporated iii England. Registration numbers and
registered office are listed in the Report of the Trustees. reference and adminislrxtive details.
The 700 Club is both a registered charity and a registered social housing landlord And sees both of these areas
represented significantly in its activities. In particular, it receives a large amount of charitable income.
The charity have departed from the Housing SORP by opting to produce a Statement of Financial Activities under
the Charities SORP because tt judged this treatment more appropriate in presenting detailed information to the
members. To comply with the Housing SORP, in addition to inelusions of a Statement of Financial Activities, a
separate Statement of Comprehensive Ineorne and Statement of Changes in Funds hav¢ been presented in notes 25
and 26.
Income
Income is generally recognised in the Statement of Financial Activities once the Charity has entitlement lo the
funds. it is probable that the income will be received and the amount can be measured reliably. Exceptions are as
follows'.-
Graiits
Grants relating to revenue 2re recognised as in¢orne on a systematic basis over th¢ period in which the costs
associated with the grant are recognised_
Grants that are receivable for expenses already incutted are recognised in the period receivable.
Grants for fixed assets are recognised as income on a systematic basis over the expected use￿1 life of the asset.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the chartty
to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount
of the obligation can be measured reliably. Expenditure is accounted for on an accNals basis and has been classified
under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular
headings they have been allocated lo activities on a basis consislenl witb the use of resources.
Grants offered subject to conditions which have not been met at the year end dale are noted as a commitment but not
accTued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property
Improvements to property
Fixtures and fittings
5% oncost
15 % on ¢ost and 50/0 on ¢ost
25 % on cost
Page 16
continued...

700 CLUB
NOTES TO THE FU4ANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024
ACCOUNTING POLICIES - continued
Tangible fixed assets
Computer equipment
250/0 on cost
Tangible fixed assets costing more than £3000 are Capitalised and incliided at cost less attributable depreciation. All
repalrs and renewal costs relatiiig to the hostels have been Charged to the Statemeiit of Finan¢ial Activities.
Included within tangible fixed assets are items pur¢hased using restricted ￿nds. These iterns are released into the
Statement of Financial Activitie5 over tlie useful life of the asset.
Housing association properties are included in freehold and improvements to property, as the properties have not yet
had all individual componeiits replaced, the properties are treated as a whole and rates for depreciating different
components will be established once replacements eommenee. Rates established to date-.
Boilers
150/0 on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds ean be used in a¢cordan¢e with the charitable objectives at the discretion of the ITUStees.
Restricted ￿llds can only be used for particular restricted purposes within the objects of the charity. Restrictions
arise when specified by the donor or when lunds are raised for particular restricted pU￿oses.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable
ompany's pension scheme are Charged to the Statement of Financial Activities in the period to which they relate.
Financial instruments
The charity only holds basic financial instrurnenls as are defmed in FRS 102.
DONATIONS AND LEGACIES
2024
2023
Donations
19,567
17,838
Page 17
continued...

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024
INVESTMENT INCOME
2024
2023
Deposit account interest
6.696
110
INCOME FROM CHARITABLE ACTIVITIES
St
Georges
Hall
Floating
Support
Projects
Hope
House
The Lodge
Grants receivable
Housing benefit
Residents room charges
Property contract
114,434
304,587
22,273
20,570
91,844
243,866
14,403
12,570
98,270
102,967
230,161
461,864
362,683
98,270
333 128
First
Steps
Hoiising
Project
Street
Outreach
Project
Church
View
Apartments
Housing
First
CMF
Grants receivable
Housing benefit
Residents room charges
Property contract
55,924
6,000
104,862
544,575
35,679
10.000
36,795
55,924
6,000
685,116
10,000
36,795
2024
2023
New
Project
Dtvelopment
Wider
Community
Support
Move on
Flats
Total
activities
Total
activities
Grants receivable
Housing benefit
Residents roorn charges
Propety contract
18,025
25,452
1.683
216.047
536,615
1,391,783
1,118,480
304.199
1.059.798
932,613
210,073
28,391
45,160
216,047
536.615
2,847,602
2,230,875
Grants have been received from various sources. both goveLDment and other organisations..
2024
2023
Darlington Borough Council - Projects
Darlington Borough Council - Supporting People
Department for Levelling Up. Housing & CommuDities
(previously incuded as deferred incoTne)
268,935
243.009
375,545
248,569
87.413
100,000
Page 18
continued...

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024
INCOME FROM CHARITABLE AcfIvITIES - continued
Durham Constabulary
Vonne Organisation
NHS North East North Cumbria ICB
North East Probation Service
Sherbum
National Lottery
Night Shelter Transforn)ation Fund
HM Government
Mercers Trust
Ballingher TNst
"Cash For Kids"_ radio campai
Garfield Weston Trust
Other funding
9.000
12,817
76.500
120,000
10,000
6,000
162,837
140,000
370,000
21.600
20,000
5,500
25,000
19,670
171,771
Total grants received in the period
1391781
1,102.385
Revenue grants received in the period of Nil have been deferred as related expenditure is budgeted for after 31
March 2024 (2023 - £Nil).
Capital grants brought fonvard and received in the period have been deferred and will be recognised in line witb
the useful life of the asset, the balance of capital grants deferred as at 31 Mareh 2024 was £10,838 (2023 - £99,325).
Void losses for the year to 31 March 2024 were £13,440 (2023 - £16,034).
RAISING FUNDS
Raising donations and legacies
2024
2023
Events
1,323
816
Page 19
continued...

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 315t March 2024
CHARITABLE ACTIVITIES COSTS
Grant
funding of
activities
(see note
Support
costs (see
note 8)
Direct
Costs
7)
Totals
Hope House
St Georges Hall
General
Floating Support Projects
The Lodge
Street Outreach Project
CMF
Covid-19 Measu￿$
Church View Apartments
Housing First
Out of Town Support
First Steps Housing Project
Move on Flats
New Project Developrn¢n¢
Wider Community Support
Sports Fund
341,636
291,303
14,359
71,021
265,239
51.106
2,180
81,693
48.527
49
19.427
53,612
1,372
425,509
339,830
39.408
103,265
318,851
55,402
6,603
8,494
651,401
11,656
43
33,389
24,636
17,032
498,740
2,548
25,000
12.817
2.924
6,603
8,494
551,849
5,908
950
98,602
5,748
43
8,362
168
7,243
9,531
25,027
24,468
9,789
117,813
371,396
2,548
1.778,012
424,418
334,377
2,536.807
GIL4NTS PAYABLE
2024
2023
Hope House
General
Floating Support Projects
Street Outreach Project
CMF
Church View Aparttnenls
Wider Couununity Support
Sports Fund
2,180
25,000
12,817
2.924
6,603
950
371,J96
2,548
200,006
424,418
200.006
The total grants paid to institutions during the year was as follows..
2024
2023
Support Grants
66,767
68.565
Page 20
continued.

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024
SUPPORT COSTS
Infonnation
technology
Management
Finance
Hope House
St Georges Hall
General
Floating Support Projects
The Lodge
Street Outreach Project
Church View Apartments
Housing First
Out of Town Support
First Steps Housing Project
Move on Flats
New Project Development
Widei Community Support
38,652
26,130
48
11,210
26,737
(1,582)
51,361
2,262
14,579
6,289
7,483
4,342
I,772
8,692
49
12,982
1,707
1.761
3,652
1.061
7,124
32
724
3,744
168
1,740
4,123
162 864
47,810
28,355
Human
resources
Governance
costs
Totals
Hope House
St Georges Hall
General
Floating Support Projects
The Lodge
Street Outreach Project
Church View Apartments
Housing First
Out of Town Support
First Steps Housing Project
Move on Flats
New Project Development
Wider Community Support
17,744
9,820
3,235
1,946
81,693
48,527
49
19,427
53,612
1,372
98,602
5,748
43
8,362
168
7,243
3,846
l2,401
1.214
20.702
1,779
838
2,130
630
6,433
1.734
420
482
532
6,761
2,700
70,254
25.094
334.377
Page21
continued...

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024
NET INCOMEI(EXPENDITURE)
Net income/(expenditure) ts stated after chargingl(crediting)-
2024
2023
Auditors, remuneration
Auditors, remuneration for non audit work
Depreciation- owned assets
4.112
4,112
159,235
3,992
3,741
156.855
io.
TRUSTEES, REMUNERATION AND BENEFITS
There were no trnstees, remuneration or other benefits for the year ended 3 1st March 2024 nor for the year ended
31st March 2023.
Any connections or perceived Conflicts of interest that a trnstee or a senior manager may have, rnust be registered
and disclosed to the board of trustee5. In the current year no related party lrnnsactions were reported.
Trustees, expenses
Tbere were no trustees, expenses paid for the year ended 3 1st March 2024 nor for the year ended 3 1st March 2023.
ii.
STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Other pension costs
1,053,435
89.698
14,805
874,880
67,937
10,886
1,157.938
953,703
The average rnonthly number of employees during the year was as follows:
2024
18
2023
20
Support workers
Housing management
Admii]istration
Management
Cleaners
Maintenance
37
37
No employees received emoluments in excess of £60,000.
The total remuneration for key management ￿rSonnel amounted to £95.609 (2023.. £85.083).
Page 22
continued...

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 315t March 2024
12.
COMPAK4TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
nds
Restricted
fijnds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
17,452
386
17,838
Charitable activities
Hope House
St Georges Hall
Floating Support Projects
The Lodge
Street Outreach Project
CMF
Church View Apartments
Housing First
Out of Town Support
First Steps Housing Project
Move on Flats
New Project Development
Wider Community Support
384,440
287,104
75,549
224,361
74,250
384,440
287,104
199,049
224,361
79,250
6,000
594,701
17,500
28,000
36,795
41,088
12,587
320,000
123.500
5,000
6,000
101.646
493,055
17,500
28,000
36,795
41,088
12,587
320,000
Inve5trnent incorne
Other income
iio
303
iio
303
Total
1,680,007
569,119
2,249,126
EXPENDITURE ON
Raising ￿ndS
796
20
816
Charitable activities
Hope House
St Georges Hall
Floating Support Projects
The Lodge
Street Outreach Project
CMF
Covid-19 Measures
Church View Apartments
Housing First
Out of Town Support
First Steps Housing Project
Move on Flats
New Project Development
Wider Community Support
374.815
283,202
45,611
266,373
36.146
374,815
283,202
174,714
266,373
41,514
7,182
8,493
556,712
7,781
24,762
30,867
21,091
12,587
251,878
129.103
5,368
7,182
6,678
262,607
1,815
294.105
7,781
24,762
30,867
21.091
12,587
240.843
11,035
Total
1,398,399
664,388
2.062,787
NET INCOMEI(EXPENDITURE)
281,608
{95.269)
186.339
Page 23
ontinued...

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024
12.
co￿ARATIVEs FOR THE STATEffylENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
funds
Total
funds
RECONCILIATION OF FUNDS
Total funds brought fonvard
283,945
1,532,119
1.816,064
TOTAL FUNDS CARRIED FORWARD
565,553
1.436,850
2 002,403
13.
TANGIBLE FIXED ASSETS
The net book value of housing association properties in Freehold and Improvements as at 31 March 2024 was
£2,143,613 (2023 £2,003,663).
14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other debtors
Prepayments
17,835
15.177
63,736
33,012
80.688
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Bank loans and overdrdfts (see note 17)
National insurance and other taxes
Other creditors
Accruals and def¢￿ed income
47,108
22,001
26,467
10,134
17.340
25,101
106,586
139,264
159.161
Other creditors relate to the provision of invoices due at the year end but not yet received.
Page 24
continued...

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024
16.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024
2023
Bank loans (See note 17)
519,732
531,000
17.
LOANS
An analysis of the maturity of loans is given below..
2024
2023
Amounts falliiig due within one year on demand:
Bank overdrafts
Bal￿ loans
36,455
10,134
10,134
Amounts falling between one and two years..
Bank loans - 1-2 years
11,565
10.636
Amounts falling due between two and five years..
Bank loans - 2-5 years
40,871
37,858
Amounts falling due in more than five years..
Repayable by instalments..
Bank loans more than 5 years
467,296
482,506
The loan is currently set on a variable rate. Bank of England base rate plus 30/0.
18.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows..
2024
2023
Within one year
Between one and fiv¢ years
In more than five years
62,978
218,366
101,500
51,289
45,514
382,844
96,803
Page 25
continued...

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 315t March 2024
19.
SECURED DEBTS
The following secured debts are included within creditors-.
2024
2023
Bank loans
530,385
541.134
The bank loan is secured against the freehold properties at 102 Victoria Road, Darlington ( The Lodge") and 19
Pembroke Court, Neasham Road. Darlington ("Church View").
20.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
31.3.24
At 1.4.23
Unrestricted funds
General fund
Church View Apartments Refurbishment
Church View Apartments - tksignated
Street Outreach - Desianated
First Steps Housing Project- Designated
Out of Town - Designated
Housing First - Designated
Early Intervention Outreach Project -
Designated
Floating Support - Designated
Move on Flats
Street Oiitreach Begging - Designated
Christmas Shop
278,571
202,746
28,500
26,509
170
43
7,500
236,663
(11,784)
(65,824)
449,410
190,962
73.500
22,798
3,045
45,000
(588)
(392)
{3,123)
3,267
(43)
(1,665)
5,835
4,482
10,339
6,697
(4}
(1,473)
853
{3,743)
(268)
20,721)
3,009
10,408
7,170
(784)
4,216
272
20,721
565,553
197,963
2,621
766,137
Restricted funds
Street Outreach Piojecl
Client Move-on Funds
Church View Apartments ReSJrbisbment
Church View DLS Co-ordinator
Church View Equipment and Furnishings
Covid Funds
Gardening Grant
N¢w Proj£cl Development Fund
Darlington Connect
Sports Fund
Darlinglon Connect Manager
Christmas Shop
Family Food Store
526
(603)
(86,185)
(11,507)
(12,165)
(6,678)
(28)
199,015
34.506
(2,548)
17,984
2,000
3,504
(523)
1,742
1,311,042
11,653
17,091
9,448
2.717
1.139
1.224,857
48
4.926
2,770
2,689
199,015
113.663
1.452
17,984
(98)
79,157
4.000
(2,000)
3.504
1,436.850
137.821
2,621)
1.572,050
TOTAL FUNDS
2,002.403
335,784
2,338,187
Page 26
continued..

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS- continued
for the Year Ended 31st March 2024
20.
MOVEMENT IN FUNDS - continued
Net movement in funds, included in the abov¢ are as follows:
Incoming
resources
Resources
expended
Movement
in fi]nds
Unrestricted funds
General fund
Churcb View Aparlments Refurbishrn¢n¢
Street Outreach - Designated
First Steps Housing Project- Designated
Out of Town - Designated
Housing First- Designated
Early Intervention Outreach Project -
Designated
Floating Support - Designated
Move on Flats
Street Outreach Begging- Designated
Chri5knas Shop
1,792,178
(1,555,515)
{11,784)
(41,045)
(33,530)
(43)
(11,664)
236,663
(11,784)
(3,123)
3,267
(43)
(1,665)
37,922
36,797
9,999
2,773
72.135
18,026
(4,246)
(71,282)
(21,769)
{268)
(20.720)
(1.473)
853
(3,743)
(268)
20,721)
1,969,829
(1,771,866)
197,963
Restricted fund$
Floating Support Drugs and Alcohol service
Floating Support Daily Living Skills
Street Outreach Project
Client Move-on Funds
Church View Apartments Refurbishment
Church View Support Worker
Church View DLS Co-ordinator
Church View Equipment and Furnishings
Covid Funds
Gardening Grant
New Project Development Fund
Household Support Fund
Darlinglon Coiinect
Sports Fund
Darlinglon Connect Manager
Christmas Shop
Family Food Store
12,817
10,542
18,150
6.000
1,075
102,837
(12,817)
(10,542)
(17,624)
(6,603)
(87,260)
(102,837)
(11.508)
(12,166)
(6,679)
{28)
(17,032)
{370,000)
(89,608)
(2,548)
(17,016)
526
(603)
(86,185)
(11.507)
(12,165)
(6,678)
(28)
199,015
216,047
370,000
124,114
34,506
(2,548)
17.984
2,000
3,504
35,000
2,000
5,500
1.996)
904,085
766,264)
137,821
TOTAL FUNDS
2,873,914
2.538,130)
335,784
Page 27
continued...

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 315t Mareh 2024
20.
MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Net
movement
An fimds
Trdnsfers
between
funds
At
31.3.23
At 1.4.22
Unrestricted funds
General fund
Church View Apartments Re￿rbiShrnellt
Church View Apartments - Designated
Street Outreach - Designated
First Steps Housing Project- Designated
Out of Town - Designated
Housing First- Designated
Early Intervention Outreach Project -
Designated
Floating Support - Designated
Move on Flats
Street Outreach Begging- Designated
129,535
108,896
45,000
194,314
(11,784)
(45,278)
105,634
{16,500)
(8,335)
(6,265)
(3,194)
(2.217)
278,571
202,746
28,500
26,509
170
43
7,500
34,844
5.921
3.237
9,717
514
14,896
14,999
12.222
3.242
{10,414)
(4,660)
(5.525)
4,482
10,339
6,697
4)
283,945
281,608
565,553
Restricted funds
Floatiiig Support Drugs and Alcohol service
Mental Health Support Worker
Early Intervention Outreach Project
Street Outreach Project
Client Move-on Funds
Church View Apattmenls Refurbishment
Church View Support WorkeT
Church View DLS Co-ordinator
Church View Equipment and Furnishing5
Covid Funds
Gardening Grant
Darlington cOnn￿t
Sports Fund
330
8,750
523
(19)
2,924
1,397,228
37,000
40,000
29,257
16,126
(330)
(8,750)
(523)
19
(1,182)
(86.186)
(37,000)
{28,347)
(12,166)
(6,678)
2,717
79,157
4.000
l.742
1.311,042
11,653
17,091
9,448
2,717
79,157
4,000
1,532.119
1,436.850
TOTAL FUNDS
1.816,064
186,339
2,002.403
Page 28
continued...

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 315t March 2024
20.
MOVEMENT IN FUNDS - continued
Comparative net movement in fijnds, included in th¢ above are as follows:
Incoming
resources
Resour¢es
expended
Movement
in fimds
Unrestrieted funds
General ￿nd
Church View Apartments Refurbishrnent
Street Outreach - Designated
First Steps Housing Project- Designated
Out of Town - Designated
Housing First- Designated
Early Intervention Outreach Project-
Designated
Floating Support - Designated
Move on Flats
Street Outreach Beggtng - Designated
1.418,166
(1,223,852)
(11.784)
{26,404)
(30,876)
(24,764)
(7.781)
194.314
(11,784)
34,844
5,921
3,237
9,717
61,248
36,797
28,001
17,498
46,154
29,394
29,749
13.000
(31,258)
(14,395)
{17,527)
9,758)
14,896
14,999
12,222
3,242
1,680,007
(1,398,399)
281,608
Restricted funds
Floating Support Drugs and Alcohol service
Mental Health Support Worker
Early Intervention Outreach Project
Street Outreach Project
Client Move-on Fund5
Church View Apartments Refurbishment
Church View Support WorkeT
Church View DLS Co-ordinator
Church View Equipment and Furnishings
Covid Funds
Gardening Grant
New Project Development Fund
Household Support Fund
Darliiigton Connect
Sports Fund
50,500
(50.830)
(8,750)
{69,523)
(5,368)
(7.182)
(87,260}
(132,571)
(28,347)
(12,166)
{6,678)
(2,283)
(12,587)
(200,000)
(40,843)
(330)
(8,750)
{523)
19
{I,182)
(86,186)
(37,000)
(28,347)
(12,166)
(6,678)
2,717
69,000
5,387
6,000
1,074
95,571
5,000
12,587
200,000
120,000
4.000
79,157
4,000
569,119
664,388
95,269
TOTAL FUNDS
2,249,126
2,062,787
186.339
Page 29
continued...

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Ye2r Ended 31st March 2024
20.
MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined positlon is as follows..
Net
movement
in funds
Transfers
between
funds
At
31.3.24
At 1.4.22
Unrestricted funds
General fund
Church View Apartments Refijrbishment
Chur¢h View Apartments - Designated
Street Outreach - Designated
First Steps Housing Project- Designated
Out of Town - Designated
Housing First - Designated
Early Intervention Outreach Project -
Designated
Floating Support - Designated
Move on Flats
Street Outreach Begging - Designated
Chrtstmas Shop
129,535
108,896
45,000
430,977
(23,568)
{111,102}
105,634
28,500
(8.923)
(6,657)
(3,194)
(2,217)
449,410
190,962
73,500
22,798
3,045
31,721
9,188
3.194
8.052
514
5.835
13,423
15,852
8.479
2,974
20,721)
(10.414)
(5.444)
(1.309)
{2,974)
20,721
3,009
10,408
7,170
283,945
479,571
2,621
766,137
Restricted funds
Floating Support Dmgs and Alcohol service
Mental Health Support Worker
Early Intervention Oulreacli Project
Street Outreach Project
Client Move-on Funds
Church View Apartments Refiwbishment
Church View Support Worker
Church View DLS Co-ordinator
Church View Equipment and Furnishings
Covid Funds
Gardening Grant
New Project Development Fund
Darlington CoDnect
Sports Fund
Darlington Connect Manager
Christmas Shop
Family Food Store
330
8,750
523
(19)
2,924
I,397,228
37,000
40,000
29,257
16,126
(330)
(8,750)
(523)
545
(1.785)
(172,371)
{37,000)
(39,854)
(24,331)
(13,356)
2,689
199.015
113,663
1,452
17,984
2.000
3.504
(523)
1,139
1,224,857
{98)
48
4,926
2,770
2,689
199.Ol5
113,663
1,452
17.984
(2,000)
3.504
1,532,119
42,552
2.621)
1.572.050
TOTAL FUNDS
1.816064
522,123
2,338,187
Page 30
continued...

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024
20.
MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movemenl in ￿nds, included in the above are as
follows..
Incoming
resources
Resollrees
expended
Movement
in funds
Unrestricted funds
General ftmd
Church View Apartments Refijrbishment
Street Outreach - Designated
First Steps Housing Project - Designated
Out of Town - Designated
Housing First- Designated
Early Intervention Outreach Proje¢t-
Designated
Floating Support- Designated
Move on Flats
Street Outreach Begging- Designated
Christmas Shop
3.210,344
(2.779,367)
(23,568)
(67,449)
(64,406)
{24,807)
(19,445)
430,977
(23,568}
31,721
9,188
3,194
8,052
99.170
73,594
28,001
27,497
48,927
101,529
47,775
13,000
(35.504)
(85,677)
(39,296)
(10,026)
20,720)
13.423
15,852
8,479
2,974
20 721)
3.649.836
(3,170,265)
479.571
Restricted funds
Floating Support Drugs and Alcohol service
Mental Health Support Worker
Floating Support Daily Living Skills
Early Intervention Outreach Project
Street Outreach Project
Client Move-on Funds
Church View Apartments Refurbishment
Church View Support Worker
Church View DLS Co-ordinator
Church View Equipment and Furnishings
Covid Funds
Gardening Grant
New Project Development Fund
Houseliold Support Fund
Darlington Connect
Sports Fund
Darlington Connect Manager
Christma5 Shop
Family Food Store
63,317
(63,647)
(8,750)
(10,542)
(69,523)
{22.992)
(13,785)
(174,520)
(235,408)
(39,855)
(24,332)
(13,357)
(2,311)
{29.619)
(570,000)
(130.451)
(2,548)
(17,016)
(330)
{8,750)
10.542
69,000
23,537
12,000
2,149
198,408
(523)
545
{1,785)
(172,371)
(37,000}
(39,854)
(24,331)
(13,356)
2.689
199.015
5,000
228,634
570,000
244,114
4.000
35,000
2,000
5,500
113,663
1,452
17,984
2,000
1,996)
1,473,204
1.430.652)
42,552
TOTAL FUNDS
5 123,040
4,600,91
522.123
Floating Support Drugs and Alcobol setvice - tbis fijnding was received from Darlington Borough Council.
The Lodge - ￿llaed by grants and rooms puchased by the council and Harbour.
Page31
continued...

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024
20.
MOVEMENT IN FUNDS - continued
Healthy Lifestyle Coach - this was funded by H¢althwatch Darlington and County Durham Community Foundation.
Begginglstreet Outreach Initiative
alongside meeting the needs of those who beg, we are also seeking to ask
members of the public to think before giving money. and act of generosity can be very deslruetive if tlie money is
used lo buy drugs or causes people to stay out on the street in sub-zero temperatures. putting their health at risk in
anticipation of getting easy money.
New Project Development Fund funds from the Department for Levelling Up Housing and Communities for
acquiring properties to house clients with specific difficulties.
Household Support Fund - government funding was given to 700 Club as a holding organisalion. Fuiiding paid to
people in need and crisis in Darlington either by ourselves or partner organisations assistance given iii the form of
vouchers.
Darlington Connect - fijnds from NHS to set up a central hub to sign post those in need to Se￿IceS. In this respect
700 Club is a holth'ng organisation only.
21.
EMPLOYEE BENEFIT OBLIGATIONS
The charity offers a defined contribution pension scheme for employees. The total employers contribution paid and
due in the year to 31 March 2024 was £14,807 (2023 - £10,886).
22.
RELATED PARTY DISCLOSURES
During the year I trustee was an employec of a related Local Authority and another trustee was employed by a
related building society. All transactions Witb the authority and building society are made at arm's length on
comrnercial terms and the individuals are not able to use their position to their comrnercial advantage.
23.
ULTIMATE CONTROLLING PARTY
The charity is under the control of the trnstees.
Page 32
ontinued...

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS- continued
for the Year Ended 31st March 2024
24.
ACCOMMODATION MANAGEMENT
Asat31
31 March
2022
Number
Addltlons
Disposals
Change in
tenure
Asat
31 March
2023
Number
Number
Iyumber
Number
Owned by 700 Club
Bed & breakfast spaces
Apartment spaces
Family homes (3 bed houses)
13
32
13
32
M2n2ged by 700 Club
Hostel spaces
Individual flats
29
29
Total managed gccommodation
74
79
All a¢¢omm¢)dation is supported.
25.
STATEMENT OF COMPREHENSIVE INCOME
as required by th¢ Housing SORP.
Total
2024
Total
2023
Unrestricted
Restricted
Turnover
Operating expenditure
1,963,084
1,729.530
904,085
766,264
2,867,169
2,495,794
2,248,713
2,034,466
Operating surplus l (deficit)
Interest receivable
Interest payable and similar charges
233.554
6,696
42.287
137,821
371,375
6,696
42,287
214,247
iio
28.018
Surplus l (deficit) before tax
Taxation
197,963
137,821
335,784
186,339
Surplus / (deficit) for the year
Other comprehensive income
197,963
137,821
335,784
186,339
Total comprehensive income l (loss)
for the year
197,963
137.821
335,784
186,339
Page 33
continued...

700 CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024
26.
sTATEll￿NT OF CHANGES IN FUNDS
as required by the Housing SORP.
Unrestricted
Restricted
Total
Balanee as #t31 March 2022
Surplus / (defIcit)
Transfers
283,945
281,608
1,532,119
{95,269)
1,816,064
{186,339)
Balance as at 31 March 2023
Surplus l (deficit)
Transfers
565.553
197,963
2,621
1,436,850
137,821
2.621)
2.002,403
335,784
Balance as at 31 March 2024
766,137
1,572,050
2,338,187
Page 34

700 CLUB
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31st March 2024
2024
2023
INCOME AND ENDOWMENTS
Donations and legacies
Donatioiis
19,567
17,838
Investment income
Deposit account inter¢st
6,696
iio
Charitable activities
Grants receivable
Housing benefit
Resideiils room Charges
Property contract
1.391,783
1,118,480
304,199
33,140
1,059,798
932,613
210.073
28,391
2,847.602
2.230.875
Other income
Other income
49
303
Total ineoming resources
2,873,914
2,249,126
EXPENDITURE
Raising donations and legacies
Events
1,323
816
Charitable activitie5
Wages
Social security
Pensions
Rates and water
Insurance
Light and heat
Telephone
Advertising and recruitment
884,257
72,637
12,769
27,950
19,568
120.360
1.318
2,133
727,783
53,158
9,649
30,782
10,884
68,745
1,472
11,661
F 11
Sundries
Management fees
Rent
Repairs and maintenance
Sanitation
Cleaning
Bank staff workers
Bad debts
Carried fonvard
6,996
158.791
32,989
67,475
1.654
10.400
109,495
10,231
1.539,023
9,561
144,588
5,310
63,784
6,572
12,460
139,720
6,962
1,303,091
This page does not forni part of the statutory financial statements
Page 35

700 CLUB
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31st March 2024
2024
2023
Charitable activities
Brought fonvard
Service user involvement
Community support
Freehold property
tmprovernents to property
Fixtures and fIttings
Computer equipment
Bank loan interest
Grants to inslibjtions
Grants to individuals
1.539,023
39,459
1,303,091
30,515
10,977
33,058
99,180
19.893
3,879
28,018
68,565
131,441
34,043
99.319
22,212
1,669
42,287
66.767
357,651
2,202.430
1,728,617
Support Costs
Management
Wages
Social security
Pensions
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Advertising
Sundries
Rent
Office equipment
Office property repairs
Improvements to property
Fixtures and fittings
95,607
10.683
567
1,561
7.005
49
5,850
12,183
85,083
9,714
273
5,791
3,390
5,784
14,821
790
1,867
18,500
11,474
8,063
693
152
2,524
18,500
5,021
2.469
693
152
162.864
166.395
Finanee
Wages
Social security
Pensions
Bank charges
42.156
3.299
939
1,416
35,425
2.522
649
1,474
47,810
40,070
Information technology
Broadband
RepaiT5 and renewals
Ca￿led forward
4,812
16,110
20,922
5.589
19,352
24,941
This page does not fom] part of the statutory financial statements
Page 36

700 CLUB
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
for the Year Ended 31$t March 2024
2024
2023
Information technology
Brought fonvard
Computer support
Computer equipment
20,922
6.286
1,147
24.941
5,714
28,355
30,655
Human resources
Wages
Social security
Pensions
Sundries
Employee health plan
Recruibnent
Peninsula fees
Staff training
31,415
3,079
530
4,281
3,851
8,399
8,582
10.117
26,589
2.543
588
251
3,732
20,135
8,021
7,572
70,254
69,431
Governance costs
Auditors, rernuneration
Auditors, remuneration for non audit wo
Legal fees
ISO fees
4.112
4,112
11,803
5,067
3,992
3,741
15,848
25,094
26,803
Total resources expended
2.538,130
2,062,787
Net income
335,784
186,339
This page does not fomi part of the statutory financial statements
Page 37