Charity Registration No. 1058240 Company Registration No. 2613007 (England and Wales) NEWCARE HOUSING SOCIETY (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
NEWCARE HOUSING SOCIETY (A COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION Trustees J Coleman V Holmes T Price J Price Ljames Secretary Charity Number 1058240 Company Number 2613007 Principal Address 15, Court Street, Upton upon Severn, Worcestershire. England. WR8 OJS
NEWCARE HOUSING SOCIETY (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their report and accounts for the year ended 31 March 2024. The accounts have been prepared in accordance with the accounting policies set out in note I to the accounts and comply with the memorandum and articles of association, the Companies Act 2006 and the Statement of Recommended Practice, "Accounting and Reporting by Charities" issued in March 2005. Structure, Governance and Management The charity is a company limited by guarantee and is governed by its memorandum and articles of association incorporated on 21 May 1991 as amended by special resolution dated 18 April 1996 and 6 September 1996. The trustees, who are also the directors for the purpose of company law, and who served during the year were: J Coleman V Holmes T Price J Price Ljames None of the trustees have any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. Recrultment, appolntment and induction of trustees The trustees have maintained the continuity of support that has existed since 1991. In the event of a vacancy occurring in the future, the society would seek to fill that vacancy in the following way: Seek nominations from organisations and individuals of standing within the field of special needs housing support in the society's target sectors of Autism, Learning Disabilities and Mental Health. Follow the normal recruitment policy adopted by the society. Induction and training of new trustees will be specifically designed to suit the needs of the individual Rlsk pollcy The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Reserve pollcv Tlie truste.es have been reviewing their rese.rve policy in line with the Charity Commission Guidance and aim lo build a reserves position where they have at least three to six months of costs covered by reserves. At 31" March 2024 the Charity has £3,138.08p of re5e.rves. Objectives and activitie5 The charity's object5 are The relief of poverty and sickness, the preservation and protection of good health and the advancement of education of those persons who are homele.ss, who are suffering from mental illness or have physical or learning disabilitie5 in particular but not exclusively by the provision of accommodation. To provide or assist in the provision of facilities in the interests of social welfare or f acilities for recreation or other leisure time occijpation of persons who have been iii need of such facilities by rea50n of their youth, age, infirmity or disablement, poverty or social and economic circumstances with the objects of improving their conditions of life. Public Benefit Note The trustees have paid due rpgard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievements and Performance The society has provided social housing and residential support for people disadvantaged by physical. mental or learning difficulties in accordance with the Government's Suppor ted Livin Initiative. The charity hopes to continue this service in the future. Financial Review The society will continue to provide social housing for people disadvantaged by physical, mental or learning difficulties in accordance with the Govei'nment's Supported Living Initiative. The Avoca Homes provide a valuable move on option for a small number of adult5 With learning disabilities to live in a supported environment. On behalf of thf. board of trustees T Price Trustee 8J athkp,J
NEWCARE HOUSING SOCIETY (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEWCARE HOUSING SOCIETY I report on the accounts of the charity for the year ended 31 March 2024, which are set out on pages 4t08. Respective responsibllitles of trustees and examlner The trustees, who are also directors of Newcare Housing Society for the purpose of company law, are responsible for the preparation of accounts. The trustees consider that an audit is not required for this year under Section 43121 of the Charities Act 1993, and that an independent examination is needed. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to.. Examine the accounts under section 43 of the 1993 Act. To follow the procedures laid down in the general direction given by the Charities Commission under Section 4317){bl of the 1993 Act; To state whether particular matters have come to my attention. Basis of Independent examiner's report My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the report is limited to those matters set out in the statement below. Independent examlner's statement In connection with my examination, no matter has come to my attention.. (al Which gives me reasonable cause to believe that in any material respect the requirements To keep accounting records in accordance with section 386 of the Companies Act To prepare accounts which accord with the accounting records, comply with the accounting requirements of 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities; (bl To which, in my opinion, attention should be drawn in order to enable a proper under- standing of the accounts to be reached. The Trustees have drawn on the reserves and supplemented them with personal loans, to carry out major renovations to one of the properties. They are aware of the need to replace the reserves.
Davld Norman Anfleld Accountant I, Kinnersley, Severn Stoke, Worcestershire.
NEWCARE HOUSING SOCIETY (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED MARCH 2024 notes 2024 2023 Incomln resources from enerated funds Income resources from charitable activities Other incoming resources 259,184 91,103 Total incoming resources 259,184 91,103 Resources ex ended Provision of care and accomodation Governance costs 222,286 57,536 73,743 19,481 Total resources expended 279,822 93,224 Net Income for the year/Net movement in funds -20,638 -2,121 Fund balance at 31st March 2023 23,776 25,897 Fund balance at 31 March 2024 3,138 23,776 The statementof financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. All of the above activities are derived from continuing activities.
NEWCARE HOUSING SOCIETY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED MARCH 2024 l. Accountlng pollcles 1.1 Basis of preparatlon The accounts have been prepared under the historical costs convention. The accounts have been prepared in accordance with applicable accounting standards, the Statement of Recommended Practice, "Accounting and Reporting by Charities" issued in March 2005 and the Companies Act 2006. 1.2 Incomlng resources Incoming resources represent the amounts receivable from housing benefit and supporting people payments. 1.3 Resources Expended All expenditure is accounted for on an accruals basis and has been classif led under headings that aggregate all costs related to that category. 2. Incomlng resources from charltable activities 2024 259,184 2023 91,103 Provision of care and accomodation 3. Other Incomlng resources
NEWCARE HOUSING SOCIETY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED MARCH 2024 4. Total resources expended Charltable activities Provision of care and accomodation 2024 222,286 2023 71,622 Governance costs 57,536 19,481 279,822 91,103 Governance costs includes payment of £nil12020: £nil) for independent examiners fees 5. Attlvities undertaklng directly 2024 171,182 598 503 33,045 1,898 3,500 2023 Rent & Rates Bank Charges Bank Interest Repairs, replacement and maintenance Insurance Professional fees Depreciation Legal and professional fees Printing and stationery Telephone Waste collection Travel & Subsistance Office machine maintenance Subscriptions Postage Accountancy Fees Fire Risk Assessment Marketing & Promotion - Website 32,136 611 914 29,387 3,935 1,622 496 119 171 575 loo 229 5,448 565 124 787 515 25 15 3,669 420 1,313 222,286 71,622 6. Tf Ustees Two trustees were paid a salary of £16,000 pa. during the year. 7. Employees There were no employees during the year
NEWCARE HOUSING SOCIETY (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET FOR THE YEAR ENDED MARCH 2024 CURRENT ASSETS noles 2024 2023 Debtors Other debtors Cash at bank and in hand Sales Accrual 3123 52,750 1,940 41,555 8,322 12,938 62,815 57,813 Creditors: amounts falling due within one year 59,677 34,037 3.138 23,776 Income funds Unrestricted funds The company is entitled to the exception from the audit requirement contained in section 477 of the Companies Act 2006 for the year ended 315t March 2023. No member of the company has deposiled a notice, pursuant to Section 386 of the Act, requiring an audit of Ihese accounts. The Directors acknowledge their responsibilities for ensuring that the company keeps account- -ing records whiLh comply with Section 386 of the Act and for preparing accounts which give a truc and fair view of the state of affair s of the company as at the financial year end and of ils, iiicoming resources and application of resources, including its income and expenditure, for the fincincial year in accordance with the requirements of section 394 and 395 and which othcrwise cvmply with the requirementgs of the Companies Act 2006 relating to accounts, as far as applic- -able to the company. The accounts were approved by the oard on.. ad Ockkn 20 T Price Trustee Cotnpany Re str 0. 2613007
NEWCARE HOUSING SOCIETY (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET FOR THE YEAR ENDED MARCH 2024 CURRENT ASSETS notes 2024 2023 Debtors Other debtors Cash at bank and in hand Sales Accrual 3123 52,750 1,940 41,555 8,322 12,938 62,815 57,813 Credltors: amounts falling due wlthln one year 59,677 34,037 3,138 23,776 Income funds Unrestricted funds The company is entitled to the exception from the audit requirement contained in section 477 of the Companies Act 2006 for the year ended 31st March 2023. No member of the company has deposited a notice, pursuant to Section 386 of the Act, requiring an audit of these accounts. The Directors acknowledge their responsibilities for ensuring that the company keeps account- -ing records which comply with Section 386 of the Act and for preparing accounts which give true and fair view of the state of affairs of the company as at the financial year end and of its, incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of section 394 and 395 and which otherwise comply with the requirementgs of the Companies Act 2006 relating to accounts, as far as applic- -able to the company. The accounts were approved by the board on: T Price Trustee Company Registration No, 2613007