COMPANY REGISTERED NUMBER.. 03229725 (England and Wales) CHARTfY REGISTERED NUMBER: 1058283 THE HAVEN HOUSING TrUST REPORT OF THE DIRECTORS AND FINANCIAL STATEMEp¥rs FOR THE YEAR ENDED 31ST MARCH 2026
THE HAVEN HOUSING TRUST CONTEKfs OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026 Page Company Irbforn Roport of the Dlr8Ctors and Trustso• St8tsm•nt of Tw$t•es' r•sponslbllltlès Independent èxamlnfjes report Stal•m¢nt of flnancl•l actlvllles Balanco sh¢ Noto$ lo the financlal statoments
THE HAVEN HOUSING TRUST COMPANY INFORMATION FOR THE YEAR ENDED 31ST MARCH 2026 DIRECTORsmiusTEES.. GRTK S Walker E Bligh REGISTERED OFFICE: 31 Cedar Ro&J Forest Fi8lds Nottingh8m NG7 6HZ REGISTERED NUMBER: 03229725 {England and Wal881 REGISTERED CHARrrY NUMBER: 1058283 INDEPENDENT EXAMINER: Neil Haffis FCA Bsc (Hons) Cygnel Account6ng Llmile¢J 37 Rossel Drive Stsplef¢yd Noth'ngham. NG9 7EG BANKERS: Virgin Money 11 Smithy Row Notts"ngham UK NG13EJ Page 1
THE HAVEN HOUSING TRUST REPORT OF THE DIRECTORS AND TRUSTEES FOR ThE YEAR ENDED 31ST MARCH 2026 The trustees present their annual report arKI financial ststem8nts for Ihe year ended 31 Marth 2026. The accounts hav8 been prepared in ac(xydance wilh th& a(xx)untiThJ pc4icies set OLrt in note 1 to the accounts and comply with the requirements of the memordndum and artic$ of asswatk)n, the Companies Act 2006 and "Accounting and Reporting by Chanb"es: Stst8ment of Relmended Practic8 apPIable to charities preparing tt)eir accounts in accordance wtih the Fmancial Reportiro Standard applicable in the UK and Republic of IrelarKI (FRS 102)" (as amended for aClJntfiry wlc*J$ ¢cffimenryng from 1 January 2016). sin the Charity qualifies as small under sectK)n 323. th8 Strategic r&rth requked of medium and large companies under the companies 2006 is ftot rgquirgd. Objodives and activitl•s The principal object of the is the r&lief of (Ader homeths and older unsuitably hwsed peop (meaning g6n8rally those over 50 years old) who are also disadvantaged by virtue of iln8ss. disability. poverty and support needs. and thargby unable to access allemalNe accommodation, by the Provion of supported accommodation. The Iruste8s have relefred lo the guklancè Contained in the Chadty Comrrmssn'S 98ner81 guidance on public benofll when revlewlng Ihalr alms and ot¥ectfves and In plannin9 their future actlvilles. In partlcular, the Trustees conskler how pland actIvi$ wll ctntrlbute to Ihg alms and objec¥6$ they h8ve sol. Achlevements and pwlornun During the year the Charty has conllnued to thrwjh tt18 Fwocess of seeking to regurrect It's accommodation and Furniture ProJ8cI activths. Flnandal r•vl•w During the year the charrty's total income increased lo £91.67912025'. £87,687). This is considgred vory salksfactory. Th8 charity's shop In(x)me was £26.038 (2025.. £19,467). Costs werè bwer during the year at £74.60812025". £74.6891. an analysi5 01 which can be seen in note 6 on page 11. This, ovgrall. resulted kn a surplus of £17,071 {2025: £12.998) for the y8ar. R•serwes pollcy The Irust8es ke8p this pollcy urthf rwmv. Whilst rt has noi boon possible lo I8a$a froe reserves lo th8 level of havlng thm months costs n r88erve li 15 still deemed th8 largel to aim for. Rlsk mana9omont The dependance IM slatutory fvndlng In the form of rent support thr(NJgh unrversal credlt and housing b&nefft contsnues to be the case. èlthough this is not cOnsered a hb level risk. Shop income adds 8 diversty to the incDme stream, addlng a degroo of inwne reslllence. Structllrny gOv•Man aDd fflanag•m•nt The charity is constrtuted ès a crffip8ny liNMt8d by guarantee. and is Iherefore governed by a momorandum and articles of associalicm. Due lo the small size of the charity. Lewis Bh'ghl is respcmsible for overseeing the day lo day operations of the charity. which include8 the provision of accommodatKJn. the maintenance of that accommodation and the mrture proJ"ect. Monthly meeliros witti a least one of trustees take place to discuss the charity operations in general terrrts. and payments for that month are apwoved. Larger transactKtrns are discussed and approved by the trustees. The trustees. arg also the dreth)rs for the wrpose of cMpanY law. and who seNed during the year 8nd up to the date of signature of the firwKial ststements were: GRTSdd S Walker E Bligh The notso fcffm part of1 financk?I statements P4e2
THE HAVEN HOUSING TRUST REPORT OF THE DIRECTORS AND TRUSTEES - conllnuod FOR THE YEAR ENDED 31ST MARCH 2026 Recrultment and appolntment of trustee6 Exisbng trustees aThl management w(yJld consider recnJitiNJ new trustees where an interest has been sh¢)wn. and a person has be(xJme involved in the charity. This involvement could take a ¥alty of fomis, bul would not. generally, be considered as a rwle to bme a trustee. Att8m8tlvety. p8rf)aps where management, consi(Jered that additional Skills were needed within the Irustee body. wa mwJht seek out a person wlth those ski115 Wlth a view lo becoming invofved with the charity. A minimum of three trustees must be appointed with no maxlmum number. The Tnjstees. report was ap S Walker Dtorluste8 DirectorraJSt8 Date: 4 May 2026 Date.. 4 May 2026 The notes form part of these flnanclal statements Page 3
THE HAVEN HOUSING TRUST STATEMENT OF TRUSTEE> RESPONSIBILITIES FOR THE YEAR ENDED 31ST MARCH 2026 The twstees. are also the dlre¢ttys of The Haven HcNJsirwJ Trust for the purpose of company law. are r&spwJnsible for preparing the Trustees. Report and the financial statements in accordanLX with applicable law and United Kingdom A¢counting StaThJards {Unrted Gr Awted ACCnting Pra¢tic8}. Company Law r&qUe5 the trustees to propare financial statements ft)r oach financial y&ar which givg a true and fair view of the state of affairs of the charity a1 of the incomlng resour¢os and applicatton of resources. incTrudNYJ tha IrKnO and expenditure. of the charitablg company for that year. In preparing Ihese finanaal $tstemenl& the trust86s are roqUj to: - seknt suitsble atyjnting pc4Kw and then appty them ¢>Jnsistenty'. - observe the methods aThJ wincipks in the Charilies SORP., - make judgements and astimates Ih8t are reasonable and - stat8 wh8thèr appliGablg UK Acctyjnting Standards have been folky+d, 8uW to any mat01781 departures digclosed and explaN)ed in th6 finanaal statements: and - prèpa the financial statements on the wing concern basls Unle it * inapprowiate to presumo that the charity wll conllnug in operation. The trustees are respble for keeFyng adequate aCuntIr#j Tecords that disclose with reasonable accuracy al any time ltte financial posibon of the charity and enable them lo ensure that the financial statemènts wmply th the Companies Act 2006. They are also respons1e for safegU8rdlng the assets of the charity and hence for t4ng reasonable Steps for tho prevention and detec1 offraud and Other irwularikn'8S. The rK)tes fc¥m p*t of these financial statements Page 4
ThE HAVEN HOVSJNG TRUST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31ST MARCH 2026 I report to the trustees M my examinatJn of the financial statements ofThe Haven Housing Trust {the charilyl for thè year Ènded 31 March 2026. Responsibilitles and basis of report As the trusteès of the charity land also ris directors for the wrposes of company18wl you are respon51ble for the preparation of the financial stslements in accordance with the requirements of the Companies Act 2006 (the 20£ Act). Having satisfied Myse Ihat the financial statements of the charity are not reqLtired to be audited under Part 16 of the 26 Act and are eligible for independent axamlnation, I r8POrt in respect of my examination of the chanty's financial ststemenls carried wt under section 145 ofthe Charities Act 2011 {the 2011 Act). In carying out my examination I have followed all the apleb Directi glven by the Charlty Commisslon under section 14515)Ibl of the 2011 Act. Indep8nd•nt examlne¢s statement I have completed my examination. I confwm that no matters have cg)me to my att8ntts)n in connectitffi wth the examinalton giving ma cause to bdieve that in any material respect: accounong records not kept In of the (*adty as requlred by secwon 386 of tho 2006 Acl: 2. the financlal ststemenis do not acoxd wilh those re(Thls: 3. the financial statements do not comply vth the accounb'ng rgquwements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considergd as part of an independent gxaminats'on., or 4. the financial statements have not been prepared in accofdance wrth the methods and principles of the Slalament of RBcommènded Pracb'ce for accountsng and rewting by charities applicable lo charities preparing their accounts in accordance with the Finanry81 Rwting Standard applicablg in th8 UK and Republic of Ireland {FRS 102). I have no concerns and have come across M other mallers in connection with the examinatson lo whioh 8ttenlion should be drawn in thi8 report in order to en8ble 8 propor underslanding of the financial staloments to be reached. eil Hsrris FCA Bsc jHons} Cygnet Accounting Limited 37 Rossell Drive Stspleford Nottingham NG9 7EG The notes fomi part of these finaKial statements ' Page S
THE HAVEN HOUSING TRUST STATEMENT OF FINANCIAL ACTivmES (INCLUDING INCOME AND EXPENDtniRE ACCOUNT} FOR THE YEAR ENDED 31ST MARCH 2026 Total Funds 2026 Tolal Funds 2025 Notes Incorne and E Donations and t8gaci8s Charitable aclivilies Other trading activilie5 Other income 20 65.565 26.038 56 68.158 19,467 62 Totsl Income nditurg on.. Charftsble &tivities 74 Net incomg11oxpenditure) for the ye8rl Net movement In funds 17,071 12,998 Fund balances al 1 April 2025 Fund balances at 31 March 2026 542 The Ststement of finar181 a¢bvitres includes a# gains and losses recognis•d in the year. All Income and exprture derNe from continuing activrtia$. The stalemant of fin8nual acbwlies 8lso complies with the wutrements for an IrKom6 and exp8ndlturB account under the Companies Act 2LNJ6. The notes form part of these financial staterY*nts Page 6
THE HAVEN HOUSING TRUST BALANCE SHEEr 31ST MARCH 2026 2026 2025 Flxed assets Tanglble assets 10 1201 1,601 Current a598ts Deb10¥5 Cash at bank and in hand 11 637 3.511 657 25.940 4.148 26.597 cr10. Amounts falling due within one year 12 71,740 Not currnnt Ilabllltlos 45,1431 Total ass•ts curr•nl Liabilitios 26.471 43,542) Incomè fund# Unrestricted fiJnd8 Totsl Income funds Th& company is anti1 lo 8x8ry>tN)n from a11 under S&Xknn 477 of tho Comp8ni9s Act 2006 for the year ended 31st March 2026. The directors acknowledge their responslbililies for comptying with the requirements of the Companies Act 2006 with re8PaCt to aGGounting records ar prwration of financ481 Ststemgnts. The members h8ve not required the company to obtain 8n audit of its finarKial statomwts for the year ended 31st March 2026 in awrdance wrth Soction 476 of the Companies Act 2006. Th8s8 financlal slalements have been prepared in acccdarKe with th8 &VISn8 applicaLqe to eomp8nles sublecl to tho small companies regime. The flnanclal statements were approved by th8 Board of Trustees on 4 May 2026 and were slgned on Its b8half GRTldd DirectorlUStee S Walkor DIrectornJstse Company reglstratlon number 03229725
THE HAVEN HOUSING TRUST NOTES TO THE FINANCIAL STATEMEp¥rs FOR THE YEAR ENDED 31ST MARCH 2026 A¢wuntlng pollcles Charlty Infommtlon The Haven Housing Trust is a prTvale c(Knpany Ilmited by guarantee incorporated in England and Wales. The registerad offic8 fjs 31 Ceoar Road. FO$1 Fields. Nottlngham. NG7 6HZ. The members ofthe company are the trustees names on page 1. In thg event ofthe charlty belng wound up. the liabihty in resp8ct of the guarantee rs limited to £10 per member of the charity. Accounllng Convention The accounts have prepared in accord8nc& with th8 Comwyes Act 2CK16 and'Accounbng and Repo.ng by Charities.. Statement of ReCmended PraCte appltable lo chariti'es pr&p8ring their accounts in accordanc£ wlh the Financi81 Reporting Stsndard applicable in the UK and Republic of Ireland {FRS 1021" {as amended for accounting periods commencing from 1 January 2016}. The chanty is a Public Benefft Entsty as defined by FRS 102. The charity has tsken advanl8g8 of thg provisM)ns in the SORP for chafitss apt4w.ng FRS 102 Update Bullgtin 1 not to prepare a Ststemenl of Cash Fbws. The financial slalernents are wepared in slediThJ. which is the functional currency of the charfly. Monetary amoLFnts in th8se financial statements are rounded to the nearest £. The accounts have been prepared under the historical rA>st convention. The princlpal acc•Junling poIiGi8s adopted are set (Mjt below. Al the time of approving the financial stalements. the trustees have a reasonab expectation that the charity has adequalt resources lo continue in operatn81 existence for tho foreseeab future. Included wrthin othercreditors are alThnIS due of £30,000 and the TnJsle88 havè received confirmation that r&paym6nl is at the discrelKJn of tho Truslees of Havan Housing. Thus the trust wnliiue to ad¢)pt the 'ng concem basis of aOunting in preparing the flnandal statemènts. Charhabl8 fvnds Unreslricled fuThJs afo available at the discretKJn of tha trustees in fiJrthèran of thew charitabbe oblgctives. DesKJnated funds unrestricted funds that have Lwn set 8side by th8 truslees for partlcular PUfpose8. The aim arKI use of each desynaled fund set (xrt in the Tr)les to the financial statements. Restricted funds a subject to specrfic wlliOnS by donors as to how they may be used. The purposes and uses of the restricted funds are set OLrt in the notes to the financial statements. In¢offlg Income is rgcognised when th9 tharity ks legally tintFlled to il after any perfornian¢e conditions have bgen met. the amounts can be maasured reliatAy. ar it is probable that Iome wdl be received. Cash donatk)ns are reccJni$ed on retat. Other donatK)n8 are rècogniwj onc& the tharity h8s boen nottfied of the donatKJn. Ullss Performan ndItIonS r8quire deferral of the amount. IneA)me tax recoverable in relat to donations received under Gtft Aid or deeds of covenant 15 recognised at the time of tho donatn. Gffts in kSnd donated for distribu1k a Inthded at valuation and recognised as Income when they are distsibuled to the prolects. Gifts ¢Jonated res8 are induded as In(x)me when they are 501d. Donatgd frdcililies ar& induded at the value lo Ihe charty where this can be quantffied and a third paty is bearing the o)st. No amounts are indud8d in the fknancl81 statements for seNlces donated by volunteers. PJe 8
THE HAVEN HOUSING TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026 A¢countlng pollcle$ (contlnu¢d) Expenditure Expendlture is recognised On there is a legal or cOnstrtre d)IKJation to transfer economic benefft to a thlrd party, St Is probable that a transfer of economic Lfft$ will be requirgj in settlgment. and the amount of the obligatn can be measured reliably. Expenditure is dassffied by actsty. The c¥)sts of aclivty are made up of the total of direct costs and shared costs, including support L¥)sts involved in undertaking each aclivty. Direct costs attributab lo a Sing actNlty are allocated direcdy to that aclivty. Shwed costs whith cnntribule to mre than one 8Ctivity and support costs which are attrityjtable to a sirvJle actiwty are 8PPOrtioned belween those activities on a basis consistent with Ihe use of resources. Central st8ff costs are alknc8ted on the basis of time Spent. and depreck81ion charges are allocated on the pOrt)n of the asset's use. AII gxpenditura Is accounted for on an accruals bagis and ha8 b8en dassrfied under headings that aggregate all costs related to the categw. Where costs cannot by directly attrutsd to particular h88dings thgy have boan allted lo actiwb9$ on a basi$ Conlent with use of th8 resources. Fund-ralslng costs are thoye Sncurrgd In seeklrvJ voluntary contdl)utlons arKI do not indude the c051$ of dlss8mSnating inlom)ation in SUPF)Ort of Ihe charftable adivlties. Support costs are costs incurred dlrecdy in support of expenditure on the otyects of the ch8nty and indude Proieel management G9rried out 8t headquarters. Management and admini5traiKJn costs a those Irrred in c0nnac1b wlth thg administration (* the chariy and mpliare wth constitulM)nal aThJ statLrtOry requirements. Tanglbl• fix•d assots Tgngible fixed 8ssets are InlUaTry me8sur8d at (xst and subseqwty measured at cost or valuallon, nel of deprectIOn and any impairment losses. Depreciation 18 recognised so as to write off OT volualK)n of assets less thew residual value8 over their useful lives on th& followwig ba8e8: Fumiture CompLsler aquipment Motor vehlcles Equipment The gain or loss arisiw on the dwl of an asset ks d8ternied as thè drfference btheen the sale prcwds and the ¢ng valua of the asse( and Is recognlsed In the statement of financlal actNltles. $0% 8trawJht line 25% slralqhl lir 25% reduang balan¢0 15% slraighl hn Ca8h and equlvalents Cash and cash equivalents indude cash in harHJ. detM)sits held al call vrith banks. othershort-term liquSd investments with original matunties of IlYe8 mthS or $$. arHJ bank overdrafts. Bank over(Irafts aro sh(Iwn wilhin borrow.ngs in ¢urrenl li8bditi8S. Baslc flnan¢lal Sets Basic financlal assets. which include debtors and cash arKI bank balances. are initially measured al transaction price including transaction costs and are subsequenty carried at amorts'sed cost using the effective intefest method unless the arrangement (x)nstitutes a finaneing transaction. where the transaction is measured at the present value of Ihe future rec£ipts dInted at a market rate of interest. Financial assets dwFfied as receNaL40 wthin one yaaf arg rt amorknsgd. Bask ffnanclal Ilabllttles Basic finan¢01 assets, including creditcffs and bank k)ans. are initsally rrSured at tranSactn price unless the arrangement (xjnsdtules a financlng trarksactk)n, where the debt instrument is measured al the present value of the firture payments discounted at 8 market rate of interest. Fln8ncial liabllities dassrfied as payable within one year are not amortised. Page 9
THE HAVEN HOUSING TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026 Accountlng policles (contlnued) Trade creditors are oblvJalK)ns to pay for goods or servKAs that have been ao]uirgd in the ordinary ccwrse of operation5 from surwiers. Annts payable are dassffigd as (xjrrenl Ilabrfities il payment is due wlthin one year or les5. If noL they are wesenled as non•cufrenl liabilitigs. Trade creditors arè recognised initially attransaction price and subsequenlly measured at amortised cost using the effective Inter8St m91hc•J I1ve. Employeè bengffts The cost ofany unusgd holrday enllllgment Is rewJnised in the In whth the employee's services are received. Tem)inats"on beneffts are recognised immediatety as an expense vthen the charity Is demonstrably committed to temiinate the 6mploym8nl of an eMOyee or to provide tsnnination benefrts. L•as•s Rentals paya0 under operating leasos. induding any lease incontives 1Ved. arg charggd to income on a straight line basts over the tem of the relan1 lease. Donatlons and legaclos 2026 2025 Donatlons and gifts 20 AJI donations and legacios InfJ)me for both years wor8 from unrestricted fvnds. Charltable actlvltles 2026 2025 Charitable rental and houwng benefft irtom8 65,565 All charitable acliviti8s irKome f(Y tM)th years were from unrestn.cted fund5. Other tradlng acllvllles 2026 2025 merCh8ndlng income l other trading aclivities income for years were from unrestrKted funds. Other Income 2026 2025 Bank incenkn.ves 62 AJI other incrTh for both years were from Unrestri frJTrJs. P¥Je 10
THE HAVEN HOUSING TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2026 Charltable actlvbties Running Govemance Total ojsts 2026 Totsl 2025 Stsff costs Depr6ci8tion and impairment Repairs ar Firopety maintenan( Rent Rates Telephone Heal and light Insurance Advertising Motor and travelling Sundry expenses Legal and professh)n81 fees AccountiNJ thorges 24.627 24.627 400 7,569 12.000 8.695 1,874 12.468 953 53 3.689 667 563 24,701 534 7,249 12.000 7,355 1.338 12,931 957 53 5.264 187 1.120 7,569 12,0 8,695 1,874 12.468 953 3,689 667 563 AN expeThJilure on charilabla activitses was for unTestricbJ funds. Tru•t••• None of the trustees lor any rwsons connecw wlih thèm) received any r8muner8tion or ben8fits from the charty during the year. The trustees were ncl reimbutsed for expen88s durin9 the year. Employment Costs 2026 2025 Vvages and salaries The average monlhty number of employees during the year was as follows.. 2026 2025 There were rKJ empknyees whose annual remuneralM)n was nwJr8 than £60.Ixio. Taxation The charty is exempl from tax on in(x)me and gains tslling vrtiln section 505 of the Taxes Art 1988 or section 252 of the Taxation of chargeab Gal Act 1992 to the extent that th are applied lo its chartsble 0tr4'ects. Page 11
THE HAVEN HOUSING TRUST NOTES TO ThE FINANCIAL STATEMEpirs FOR THE YEAR ENDED 31ST PAARCH 2026 10. Tangible flxed u5ets Fumlture aThJ eqLtipment Motor vehides Totsl Cost Al 1st April 2025 Additt'ons Disposalg 3.620 12,000 15,620 Al 31st March 2026 1620 12.000 15,620 Doprnclalion Al 1st )ri12025 Charge for year Eliminat6d cffi distx)sals 3,620 10,399 14.019 400 At 31st March 2026 10,799 Net b¢)ok value Al 31st March 2026 1.201 At 31st Marth 2025 1.601 11. Dobtorn: amounts falllng duo wlthln one ye•r 2026 2025 Other debtors Prepayments and a(xruèd ino)m8 212 425 212 637 657 12. Croditors." amounts falllng du• wllhin ¢no y•ar 2026 2025 Other creditors Accruals and deferred Ine4ymg 30.000 70,000 31,820 71.740 Page 12
ThE HAVEN HOUSING TRLIST NOTES TO THE FIPIANCIAL STATEMEp¥rs FOR THE YEAR ENDED 31ST MARCH 2026 13. Analysls of ngt assets bet*wn lunds Unreslrlcted Unrestrlcted 2026 2025 Fund balances at 31 March 2026 are represented by: Tangible assets Curronl as¥etsllli8biliti8s) 1.201 1,601 (26 471 14. Operallng l•as• cofflmltm•nts Al the rgPQrting end date tha charity had outstsnding conwnttmgnts for future minimum 0$9 p8ymenls under nancelIable operating leases. whith fall due as frAbws: 2026 2025 Wrthln one year 88een two and five years 12,000 12,000 24.000 On 1st April 2022. The Haven Hou8iry Tnjst entered Into a n1 pYoperty18a8e, paying an annual sum of £12,000 for 5 years. 15. R•l4t•d party tran8actlon¥ The charity leases propety from U.K. Residential Investments Limlled, a company controlled by Mr L BlvJhl, who al80 a part-time 8mFAoyo0 of th8 tharity. R&nt payablo in the year was £12,000 12025: £12.000}. The Charity also received bans frlxn U.K. Residential Investments Limited. The loans arg unsecured. attract no interest and are for an indetem)inale pgriod. At the y8ar end £30,000 w88 still owed by the charty12025'. £70,00018ThJ is induded in other creditors. Remunoratlon of key mnagement personnel The remuneration of key management perSne1 whlch comprlses the Twslees 1$ £nll12025'. £nlll. Page 13