Charlty Reglstratlon No. 1058536
Company Registration No. 3255850 (England and Wales)
THE NEHEMIAH PROJECT
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
f4ehemiah
ProFG+

THE NEHEMIAH PROJECT
CONTENTS
Page
Trustees. report
Independent auditovs report
8-10
Slalemenl of financial activities
Balance sheet
Slalement of cash flows
14
Motes to the financial ststements
15-30

THE NEHEMIAH PROJECT
LEGAL AND ADMINISTRATIVE INFORMATION
Charity number
1058536
Company number
3255850
Rggistered office
47 Tooting Bec Gardens
London
SW16 1RF
Audltor
Begbies
9 Bonhill Street
London
EC2A4DJ
Bankers
Natwest plc
Natwest Bank PIC
145 Clapham High Street
London
SW4 7SN

THE NEHEMIAH PROJECT
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2021
The Trustees present their report and accounts for the year ended 31 December 2021.
The financial slalemenls have been prepared in accordance with the accounting policies set out in note 1 to
the financial statements and comply with the charitable company's Memorandum and Articles of Association.
the Companies Act 2006 and "Accounting and Reporting by Charities.. Ststemenl of Recommended Practice
applicable lo charities preparing their accounts in accordan￿ with the Financial Reporting Standard
applicable in the UK and Republi¢ of Ireland IFRS 1021" las amended for ac¢oLJnting periods commencing
from 1 January 20191
Objectives and activities
The Nehemiah Project has over 25 years, experience of working with men with a history of addiction. Our
clients are arguably some of the most marginalised and excluded individuals in society, with multiple and
complex needs.
Vlslon
A centre of eX￿llen￿ for rehabilitating men from crime and addiction through the transformation of their lives
lo become fulfilled, valuable members of the community.
Mlsslon
To enable vulnerable men who are ex-offenders to break free from crime and addiction and to help them
rebuild their lives
To offer men, On￿ released from prison, the reSoUr￿S to set new goals and give them hope for the
future
To assist in their reintegration into the community through the provision of supported housing immediately
after release and beyond as well as the provision of rehabilitation programmes.
A key aim is lo build resilience in our Residents so that when they move on they can deal with unexpected
and challenging lrfe events without resorting lo old behaviours, and lo provide coping strategies lo avoid
relapse.
The Board and all Nehemiah staff believe that anyone can change their life, and this underpins all our work.
Our holistic, peer-group approach to recovery creates a safe place where men Can go through the painful
process of reviewing their lives and establishing a new foundation on which lo build their future. We support
each man to reach his potential, and we ￿lebrate their Suc￿ss.
2021
In the past twelve rnonlhs we=
Completed subslanlial refurbishment work at 47 Tooling Bec Gardens, Streatham, our freehold firsl-stage
house and main offi￿.
Remained operational, supporting 48 men despite Covid-19 and ongoing restrictions.
Commenced our volunteering programme with volunteers and Residents working together to clean up
our gardens and decorate rooms in one of our move on houses.
2022
Our priorities are to..
Implement our strategy for growih and development towards the "Nehemiah Vision 100" 1100 rooms by
20301.
FLJlly retum to our normal operations from the effects of Covid.
Determine the location and liming of our next phase of growth.
Continue to improve programme delivery and aftercare with the introduction of peer mentoring.
Further develop an online programme lo be offered lo and delivered lo other organisations.

THE NEHEMIAH PROJECT
TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2021
1 - Ovarviaw of 2021
We achieved our 2021 objectives with the following outcomes..
We remained operational, supporting Residents despite further Covid-19 restrictions
Whilst our financial figures are clearly affected by Covid, throughout the period we retained our staff and
service, while improving our support in a number of areas and celebrating several graduations
The loss we suffered in 2021 was as a direct effect of Covid, beginning in February 2020 with the tailing
off of funding while we continued to operate. The Trustees believe that, as a result of the challenges
created by the pandemi¢, both years 2020 and 2021 should be considered together as a one-off historical
event. If viewed in this way the Charity lost just over £20,000 in the two years.
We completed substantial refurbishment works al 47 Tooling Bec Gardens, Slrealham, our freehold house
used as a first stage house and offices.
We have continued to explore our potential to operate beyond London, seeking additional properties. This
is an a￿a that we would like to move on more quickly as we emerge from the restrictions of Covid. 11
remains a complex area of work for us as we seek to achieve our ambition to have 100 rooms by 2030.
Our new volunteering programme commenced with volunteers and Residents working together to clean
up our gardens and decorate rooms in one of our move on houses.
2- Perforniance Delivery
Nehemiah has an excellent ￿cOrd of both reducing reoffending and reducing drug and alcohol dependency.
In 2021 we endeavoured to continue to improve our ServI￿S and our outcomes.
2014
2015
2016
2017
2018
2019
2020
2021
No. of Residents
completing the first stsge
of the programme or still
with us
19
14
21
28
26
31
27
28
No. of men worked with
28
40
31
37
39
48
41
42
Percentage of men
remaining abstinent for
one year
68010
640/0
740/0
75Q/o
71 Q/0
520/0
450A'
Residents obtaining full
time employment
14
11
11
Residents in work,
vocational training or
voluntary work
12
19
10
20
14
10
21
No of Residents
reoffending or recalled
within one year of leaving
Nehemiah
**
**
A New Future is a rolling programme which men can join at any point and complete the twelve modules. It is
8 12-week programme éelivereé each weekday morning al our firsl-slage houses, focusing on recovery ané
resetdemenl through prO￿sS groups and education sessions. We encourage the participating cohort to work
through issues t￿￿ether, sharing experiences, Challenging one another and learning to resolve conflict. This
has helped build resilience to in¢rease the men's ability lo cope with the dsy-lo-day social, emotional and
practical pressures.
We consider this decrease to be a direct resuts of Covid-79
All were recalls of new Residents who did not seftle into Nehemiah and relapsed in the first week,. we
have reviewed these and we suspect that this relates to the substanti81 changes lo the prison regime (23-hour

THE NEHEMIAH PROJECT
TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2021
lockups Mth no programmes running within prisons since March 20). As a consequen￿, the applicants are
adjusting to this sudden change on release and this is further compounded by Nghemiah staff not being abl
to interview candidates in person prior to entry. Therefore, we have adjusted our entry process lo try to ensure
that candidates are bellerprepared for what Nehemiah involves, and a Aleel and Greet system is helping new
Residents to settle in.
3- Flnanclal Prudence and Sustalnablllty
Mainiaining financial prudence is a key element of the success of any charity..
We continued to build relationships with key funders, in a very challenging environment. A number of our
mulli-year grant funders came lo an end in 2021.
We maintained light financial control with regular reporting to Trustees.
Covid has continued lo have a negative effect on our financial position.. trust income was low in the last
quarter, and Housing Benefit has been lower than anlicipaled due to lower occupancy and retention. A major
trust was inactive in 2021, and although our latest application is being considered in 2022, the effect of this
carlle at a lime where emergency Covid grants were much more limited and trusts themselves were
reassessing their future strategy. In 2021 the Charity had a total income of £644,418 and a total expenditure
of £827,048, showing a deficit of £182,630. Income decreased 320/. from 2020, while expenditure increased
by 5 10, reflecting the addition of a new house, Lodge Rd, and the capital works to 47 Tooting Bec Gardens.
Designated funds indude the £814,198 property capital fund, which is our investment in the freehold of the
Charity's main property in Streatham. It is anticipated that these funds will remain invested in the propety for
the foreseeable future. Unless the property is sold or re-mortgaged, these funds are not directly accessible.
However, il should be noted that the propety is stated in the accounts at cost and Trustees believe that there
is scope for a significant increase if compared lo a Current valuation.
Nehemiah's general unrestricted funds at the end of 2021 stand at £6,630, a decrease of £115,859 from 2020.
Restricted funds held al the year end lolalled £34,054, a decrease of £119,918 from £153,972 mostly due to
fundraising in advan￿ of the works lo Tooting Bec Gardens. Total funds at the year end Sto￿ al £854,882.
Management will focus over the next two years on building these reserves back to meet the desired level of
three months, operating funds.
Other events of note:
In September 2021, we held a house refurbishment opening Ceremony and Residents, Graduation,
officiated by Terry Waite CBE
Three Resident Graduations took place, two during lockdown, complying with Covid-19 restrictions.
We continued to be active members of Prisons Week.
As a Charity we ￿ntInued to benefit from the Lloyds Enhance programme.
Reserves Policy
The majority of our funding for operational costs comes from grants and donations, for which we are grateful.
Budgeting for these is difficult as it depends on unpredictable timescales. For liquidity purposes, the Trustees
would like to attain £245,000 cash reseNes (three months, operating costsl, which will be made up of
reslricled and unrestricted funds. The Charity has a strategy lo continue lo build its reserves as and when
that becomes possible.
Strategic Overview
In 2022, with the support from our partners, our aim is to continue to implement our strategy for growth and
development towards 'Nehemiah Vision 100" This will be achieved by identifying our first out-of-London first-
stage and second-slage properties. The needs of the men coming lo Nehemiah are complex, and we wish to
continue to offer an improved programme with a variety of seNices lo give them the best recovery for
themselves, their families and the wider community.

THE NEHEMIAH PROJECT
TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2021
1- Growth- enhance our housing provision
Nehemiah's growth strategy has been to seek to add one new house per year. Our immediate focus in
2022 is to identify premises in Suffolk or North Kent. building on relationships developed during 2021, where
there is a demand for our Servi￿ Close to a cluster of releasing prisons.
2 Nehemiah has an excellent record of both reducing reoffending and reducing drug and alcohol
dependency with our five-year average abstinence rate of 690/0 since 2000. however in 2021-22 this has
d8creased to just undèr 50 /• duo to the effècts of the pandemic.
In 2022, we intend to continue lo improve our ServI￿S and the outcomes we deliver. To achieve this, we will..
Continue lo offer Family Support to those Residents who need lo reconnect with their families, and to
establish an external support group to offer to family members.
Further develop our relationships within releasing prisons lo make sure that Nehemiah is clearly
'signposted' lo those who may benefit.
Provide all Residents with an opportunity lo secure meaningful employmenl or training through the
'Nehemiah Works, employment and training support.
Implement a new peer mentoring programme through which former Nehemiah Residents support new
Residents, especially at evenings and weekends.
Implement an online recovery programme accessible to other partner organisalions.
Continue lo develop a programme for staff wellbeing that will create resilien￿ and effectiveness in our
staff, resulting in a positive, rewarding, and creative work environment.
Continue to update the IT infrastructure and equipment, including new Residents and Fundraising
datsbases
Integrate into our work the results of independent research based on our programme and outcomes.
3 - Financial Prudence and Sustainability
The aim of our growih is lo increase the number of men we help annually, and lo enhance our sector
influence. At the same lime we wish lo ensure the Charity remains financially sound while recognising the
need for continued external funding. Maintsining financial pruden￿ and developing sustainability is a key
element of the success of Nehemiah. To achieve this in 2022 we will..
Closely monitor the achiev8menl of our quarterly revenue and expenditure targets lo sustain our growth.
Fully implement Donorfy, our new CRM (Customer Relationship Management) database in order to
steward our donors more effectively and improve our communications.
Continue lo collaborate with The British Association of the Sovereign Order of Malla lo achieve our joint
objectives.
Build longer-lem relationships with core funders, as well as recognising the contribution of our individual
donors.
Continue to raise the profile of Nehemiah through a variety of communication channels with a view to
recruiting further supporters.
4- Davalop and initiata planning to implom8nt "Nohamiah Wision 100" Where we wish to go
Continue to develop 'Vision 100, which seeks to offer 100 bed spaces by no later than 2030.
Ensure that we maintain the ethos of Nehemiah in each of our properties.
When we reach that largel, we will be helping a possible 300 residents every year and we believe
that growth beyond that is possible.
We seek lo increase our reach by refining 'remote' delivery of our course in partnership with others
who provide accommodation.
What gives us the confidence lo attempt this?
We have a stable platform which has withstood the ravages of the pandemic, lockdown and social
distancing.
'A New Future, produces a high proportion of positive outcomes lindependenuy assessed and
evaluated).
Our product is replicable and is cost-effeclive lil costs c.£1 Ok per successful graduate compared with
the cost of keeping someone in prison of £45k per person p.a.}

THE NEHEMIAH PROJECT
TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2021
We have an experienced management team supported by a board with wide and relevant experience.
We are encouraged and supported by the British Association of the Sovereign Order of Malta.
Our priorities in implementing Nehemiah Vision 100..
N&w houses in the London area and in new areas outside London.
Building strong relationships with local prisons.
Acquire al least one freehold property to add to our portfolio.
Identify supporters and funders in those new are8S.
Connect with individuals who will promote us in our target areas.
Access to local referral organisations, local officials. wmmunity leaders, churches and charities who
are willing lo help us al national, regional and local level.
Nehemiah's approach to fundraising
Our supporters are key lo everything we do. Each year they enable us lo help vulnerable men recover their
lives. We are committed to being fully transparent and accountable about how their gifts are used.
Our fundraising costs are kept to a minimum, with 90A of revenue being spent on the cost of raising funds. AJI
fundraising is done in-house with no Ihird-paty involvement.
We are members of the Fundraising Regulator and as members we follow the Code of Fundraising Practi
and the policy of dealing with vulnerable people.
In the financial year ending 31 December 2021 we did not receive any complaints about our fundraising.
We keep up to dale on changing regulation and ensure we comply with il by changing processes where
ne￿Ssary.
Structurei governance and management
The Nehemiah Project is a Company Limited by Guarantee, governed by its Memorandum as amended and
adopted by Special Resolution in 2009, and Articles of Association dated 4th September 2019. The new
Articles adopted in 2019 were drafted lo streamline the procedural running of the Charity, bul had no effect on
the Charity's existing objects or purpose. The Nehemiah Project is a registered Charity with the Charity
Commission of England and Wales. In the event of winding up, members, liabilities are limited to £1 each.
The Trustees, who are the Directors for the purposes of company law, and who served during the year were..
Mr. T. B. Aikens
Mr. W. Ansell
Mr. R. M. Atwater
Mr. G. S. Boyle
Mrs. K. P. Hunter Johnston
Mr. A. T. R. Nell {Chairl
Mr. A. P. Walson
Miss J. S. Whitaker
Trustees are appointed by resolution of the existing Trustees. Most new Trustees will be familiar with the
practical work Df Nehemiah and all Trustees attend information events to keep up-to4ate. New Trustees
re￿1ve all relevant information relating to Nehemiah, and undergo a thorough induction covering decision-
making processes, key ernployees and future plans and objectives. They are also advised of their legal
obligations as Trustees.
The Trustees meet quarterly and ad hoc as events dictate. Since March 23rd 2020 the Board has met
electronically on a monthly basis due lo Covid-19. Trustees have continued lo receive regular financial reports
and updates on Nehemiah's activities and fundraising despite the move to primarily electronic operation. The
Board of Trustees is responsible for the overall legal, financial and strategic directs'on and development of
Nehemiah.

THE NEHEMIAH PROJECT
TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2021
Public Benefit
The Trustees consider that they have complied with the duty lo have due regard lo public benefit guidan
published by the Charity Commission.
Management Team
Dr J. Patien￿, Chief Executive Officer
Mrs L. Ravenscroft, Developmenl Director
Mrs L. Hawthorne, Operations Director
Miss A. Sissuh, Supported Housing Manager
Day-to-day management, including finance, HR and operations, is the responsibility of the CEO. He is
supported by the other members of the management team, who have been meeting weekly during 2021, and
who lake ￿sponsibl11tY for the assets of Nehemiah, supported housing and fundraising. The Board of
Trustees is responsible for setting the remuneration of the employees including the CEO.
Risks
The Trustees ￿VIeW Nehemiah's main risks quarterly. They sre responsible for approving and then overseeing
the implementation of any changes to pr0￿dUreS, training or other actions lo miligale the risks Nehemiah
faces. All areas are RAG rated, with high priority areas separately highlighted and reported.
A Risk Register is maintained and presented al each Directors, Meeting. Two risks were identified as High
between February 2021 and December 2021,. both of these were direct result of Covid-19..
Predicted financial shortfall in 2021 due to the offects of Covid-19 on the funding environment. An
immediate review of the 2021 budget was undertaken, expenditure was cul, and fundraising and Housing
Benefit revenue revised downwards to account for the changing level of activity in the fundraising
environment and lockdown restrictions on the admission of new Residents. This enabled the Charity to
manage cash flow better during the crisis.
That we may be unable to fill the properties due to Covid-19. As a result of Covid-19 virtU8lly all
programmes and support activities within prisons ceased over the last two years and as such men were
not prepared for release and had not completed any recovery programmes. We responded to this in a
number of ways in refocussing our support and actively targeting potential referrers.
All other risks were assessed lo be of medium or low severity.
Relatlonshlp wlth other charltles
Two of the Charity's move-on homes, The Chase and Pountney Road, both in South London, are owned by
Sanctuary Housing. Since 2013 Nehemiah has been Managing Agent for these properties. As such the
Residents are Sanctuary Housing Licensees, managed by Nehemiah. The Charity's fourth and frfth houses,
1-3 Frederick Gardens and 98 Lodge Road, Croydon, are owned by Croydon Churches Housing Association
ICCHAI. The Charity has signed a five-year lease with CCHA for these properties terminating in January
2024. This has enabled Nehemiah to support a greater number of vulnerable adults recovering from drLJgl
alcohol addiction.

THE NEHEMIAH PROJECT
TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2021
statement of Trustees. responsibilities
The Trustees, who are also the directors of The Nehemiah Project for the purpose of company law, a
responsible for preparing the Trustees, Report and the financial siatements in accordance with applicable law
and United Kingdom Ac¢ounling Standards (United Kingdom Generally Accepted Accounting Pra¢ticel.
Company Law requires the Trustees lo prepare financial ststements for each financial year which give a true
and fair view of the stale of affairs of the Charitable Company and of the incoming resources and application
of resources, including the inwme and expenditure, of the Charitable Company for that year.
In preparing these financial stalemenls, the Trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent., and
prepare the financial statements on the going concem basis unless il is inappropriate to presume that the
charitsble company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any lime the financial position of the Charitable Company and enable them lo ensure that the
rinancial statements comply with the Companies Act 2006. They are also responsible for safeguarding the
assets of the Charitable Company and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Auditor
In accordance with Nehemiah's Articles, Trustees will appoint suitably-qualified Auditors.
Dlsclosure of Infomatlon to audltor
Each of the Trustees has confirmed that there is no information of which they are aware which is relevant to
the audit, bul of which the auditor is unaware. They have further confirmed that they have taken appropriate
steps to identify such relevant information and to establish that the auditor is aware of such information.
The Trustees. repo
was approved by the Board of Trustees.
Mr A. T. R. Nell (Chairman)
Trustee
Dated..
3010612022

THE NEHEMIAH PROJECT
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF THE NEHEMIAH PROJECT
Oplnlon
We have audited the financial statements of The Nehemiah Project Ithe 'charitsble company'l for the year ended
31 December 2021 which comprise the slalemenl of financial activities, the balan￿ sheet, the slalemenl of cash
flows and the notes lo the financial slalements, including significant accounting policies. The financial reporting
framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland. (United Kingdom Generally Accepted Accounting Practice}-
In our opinion, the financial slalemenls..
give a true and fair view of the slate of the charitable company's affairs as al 31 December 2021 and of its
incoming resources and application of resources, for the year then ended.,
have been properly prepared in accordan￿ with United Kingdom Generally Accepted Accounting Practice.,
and
have been prepared in accordanc8 with the requirements of th8 Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit
of the accounts section of our report. We are independent of the charitable company in accordan￿ with the
ethical requirements that are relevant to our audit of the accounts in the UK, including the FRC'S Ethical
standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We
believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to going concern
In 8udiling the financial slalemenls, we h8ve concluded that the Trustees, use of the going concern basis of
accounting in the preparatson of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or ¢ollectively, may cast significant doubt on the ¢haritable company's ability to
continue as 8 going con￿rn for a period of St least twelve months from when the financial slalemenls are
authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concem are described in the
relevant se¢tions of this report.
Other information
The other information cornprises the information included in the annual report other than the financial ststements
and our auditorfs report Ihereon. The Trustees are responsible for the other information contained within the
annLJal report. Our opinion on the financial statements does not cover the other information and, except lo the
exlenl otherwise explicitly slated in our report, we do not express any form of assurance conclusion thereon. Our
responsibility is to read the other information and, in doing so, consider whether the other information is
materially inconsistent with the financial slalemenls or our knowledge obtained in the Course of the audit, or
otherwise appears lo be materially misslaled. If we identify such material inconsistencies or apparent material
misstalemenls, we are required to determine whether this gives rise to a material misstatement in the financial
statements themselves. If, based on the work we have performed, we conclude that there is a material
misstatement of this other information, we are required to report that fact.
We have nothing lo report in this regard.

THE NEHEMIAH PROJECT
INDEPENDENT AUDITOR'S REPORT {CONTINUED)
TO THE TRUSTEES OF THE NEHEMIAH PROJECT
Oplnlons on other matters prescrlbed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of our audit..
the infomalion given in the Trustees, report, which includes the directors, report prepared for the purposes
of company law, for the financial year for which the financial slalemenls are prepared is consistent with the
rinancial statements., and
the directors, report included within the Trustees. report has been prepared in accordance with applicable
legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and ils environment obtained in the
course of the audit, we have not identified material misstatements in the directors, report included within the
Trustees, report.
We have nothing lo report in respect of the following matters in relation to which the Companies Act 2006
requires us lo report to you if, in our opinion..
adequate accounting records have not been kept, or relums adequate for our audit have not been received
from branches not visited by us., or
the financial statements are not in agreement with the accounting records and returns., or
certain disclosLJres of truslees, remuneralion specified by law are not made,. or
we have not re￿iVed all the information and explanations we require for our audit., or
the Trustees were not entitled lo prepare the financial statements in accordance with the small companies
regime and take advantage of the small companies, exemptions in preparing the Trustees, report and from
the requirement to prepare a strategic report.
Responsibilitias of Trusteas
As explained more fully in the ststement of Trustees. responsibilities, the Trustees, who are also the directors of
the charitable company for the purpose of company law, are responsible for the preparation of the financial
statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees
determine is necessary lo enable the preparation of financial stslements that are free from material
misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible
for assessing the charitsble company's ability to continue as a going concern, disclosing, as applicable, matters
related lo going con¢em and using the going concern basis of accounting unless the Trustees either intend to
liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
Auditorfs responsibilities for tha audit of tho financial statements
OLJr objectives are to obtain reasonable assurance about whether the financial statements as a whole are f￿e
from material misslatemenl, whether due to fraud or error, and lo issue an auditor's report that includes our
opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in
accordance with ISAS IUKI will always delecl a material misstalemenl when il exists. Misslalemenls 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 statements.

THE NEHEMIAH PROJECT
INDEPENDENT AUDITOR'S REPORT {CONTINUED)
TO THE TRUSTEES OF THE NEHEMIAH PROJECT
Extent lo whl¢h the audlt was capable of detectlng Irregularltles, Includlng fraud
Irregularities, including fraud, are instan￿S of non-compliance with laws and regulations. We design procedures
in line with our responsibilities, outlined above, lo delecl material misslalemenls in respect of irregularities,
including fraud. The extent to which our procedures are capable of detecb'ng irregularities, including fraud is
detsiled below..
Agreement of the financial ststement disclosures lo underfying supporting documentation lo assess complian
with those laws and regulations having an impact on the financial statements and disclosure requ1￿mentS. In
particular, Accounting and Reporting by Charities.. Statement of Recommended Practice.,
Enquiries and confirmation of management and the trustees as to their idenlificalion of any non-complian
with laws or regulations, or any actual or potential Claims.,
Review of minutes of the Board meetings during the period.,
incorporating unpredictability into the nature, timing andlor exlenl of testing.
Evaluation of the selection and application of the accounting policies chosen by the charity.
In relation to the risk of management override of internal controls, by undertaking procedures to review joumal
entries and evaluating whether there was evidence of bias that represented a risk of material misslalemenl due
to fraud., and
We assessed the susceptibility of the charity's financial statements to material misstatement, including how
fraud might occur by considering the key risks impacting the financial slalemenls.
Our audit procedures were designed to respond to risks of material misslalemenl in the financial slalements,
recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not
detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery,
misrepresentations or through collusion.
There are inherent limitations in the audit prO￿dureS performed and the further removed non-compliance with
laws and regulations is from the events and transactions reflected in the financial slalemenls, the less likely we
are to become aware of it.
A further description of our responsibilities for the audit of the finan￿al slalements is located on the Financial
Reporting Council's website al.. http'.Ilwww.frc.org.uklaudilorsresponsibilities. This description forms part of our
auditor's report.
Use of our report
This report is made solely lo the company's members, as a body, in accordan￿ with section 391 of the
Companies Act 2014. Our audit work has been undertaken so that we might slate lo the company's members
those matters we are required to slate lo them in an auditor's report and for no other purpose. To the fullest
extent permitted by law. we do not accept or assume responsibility to anyone other than the company and the
company's members, as a body, for our audit work, for this ￿Ptsrt, or for the opinions we have formed.
Katherine Dee FCA (Senior Statutory Auditor)
for and on behalf of Begbies
08107122
Chartered Accountants
Statutory Auditor
9 Bonhill Slreel
London
EC2A4DJ
10

THE NEHEMIAH PROJECT
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2021
Curronl financial ygar
Unrastricted Rastrictad
funds
funds
2021
2021
Total
Total
2021
2020
Notes
Income from:
Donations and I￿aCleS
Charitable activities
Investments- bank interest
120,409
276,878
247,123
367,532
276,878
657,224
292,204
88
Total income
397,295
247,123
644,418
949,516
Raising funds
55,685
55,685
51,976
Charitable activities
Supported Housing Programme
A New Future Online
462,469
7.123
301,771
764,240
7,123
734,817
Total charltable expendlture
469,592
301,771
771,363
734,817
Total resources expended
525,277
301,771
827,048
786,793
Net loutgoingllincoming resources before
transfers
1127,9821
154,6481 1182,6301
162,723
Gross transfers between funds
65,270
{65,2701
Net lexpenditurellincome for the yearl
Net movement in tunds
162,7121 1119,9181 1182,6301
162,723
Fund balances at 1 January 2021
883,540
153,972
1,037,512
874,788
Fund balances at 31 December 2021
820,828
34,054
854,882
1,037,511
The statement of financial activities includes all gains and losses recognised in the year.
All income and exp8nditure derive from continuing aclivits'es.
The statement of financial activities also Complies with the requirements for an income and expenditure a¢¢ounl
under the Companies Act 2006.

THE NEHEMIAH PROJECT
STATEMENT OF FINANCIAL ACTIVITIES {CONTINUED}
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2021
Prior financial year
Unrestricted Restrictad
funds
funds
2020
2020
Total
2020
Notes
Income from:
Donations and I￿aCleS
Charitable activities
Investments
154,741
292,204
88
502,483
657,224
292,204
88
Total income
447,033
502,483
949,516
Raising funds
51,976
51,976
Charitable activities
SLJPPOrted Housing Programme
330,082
404,735
734,817
Total charitable expenditure
330,082
404,735
734,817
Total resources expended
382,058
404,735
786,793
Gross transfers between funds
12,209
{12,2091
Net lexpenditure}lin¢ome for the yearl
Net movement in funds
77,184
85,539
162,723
Fund balances at 1 January 2021
806,355
68,433
874,788
Fund balances at 310ecember 2021
883,539
153.972 1,037,511
The slalemenl of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account
under the Companies Act 2006.
12

THE NEHEMIAH PROJECT
BALANCE SHEET
ASAT31 DECEMBER 2021
2021
2020
Notes
Fixed assets
Tangible assets
904,198
851,050
Current assets
Debtors
Cash at bank and in hand
10
24,139
240,522
79,522
410,454
264,661
489,976
Creditors: amounts falling due within
ono year
11
1187,0501
{167,6821
Net current assets
77,611
322,294
Total assets less current Ilabllltles
981,809
1,173,344
Creditors- amounts falling due after
more than one year
12
1126,9271
1135,8331
Net assets
854,882
1,037,511
Income funds
Restricted funds
17
34,054
153,972
Unrestricted funds
Designated funds
General unrestricted funds
16
814,198
6,630
761,050
122,489
820,828
883,539
854,882
1,037,511
These financial State￿entS have been prepared in accordan￿ wrfth the provisions applicable lo companies
subject to the small companies regime.
The accounts were approved by the Trustees on 3010612022
MrA. T. R. Nell
Twstee
Company Reglstratlon No. 3255850
13-

THE NEHEMIAH PROJECT
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2021
2021
2020
Notes
Cash flows from opgrating activities
Cash labsorbed byllgenerated from
operations
23
199,9311
179,483
Investing activities
Purchase of tsngible fixed assets
Inte￿st received
165,2701
112,2091
88
Net cash used in investing activities
165,2621
112,1211
Financing activities
Proceeds of new bank loans
Repayment of bank loans
50,000
147,9041
14,7391
Net cash (used inllgenerated from
financlng actlvltles
14,7391
2.096
Net Idecreasellincrease in cash and cash
equivalents
1169,9321
169,458
Cash and cash equivalents at beginning of year
410,454
240,996
Cash and cash oquivalents at end ofyoar
240,522
410,454
14

THE NEHEMIAH PROJECT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Accounllng pollcles
Charity information
The Nehemiah Project is a private company limited by guarantee in¢orporaled in England and Wales. The
registered office is 47 Tooling Bec Gardens, London, SW16 1 RF.
1.1 Accounting convention
The financial slalements have been prepared in accordance with the charitable company's Memorandum
and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities..
ststement of Recommended Practice applicable lo ch8rilies p￿parIng their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1
January 20191" The charitsble company is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in slerfing, which is the functional currency of the charitable
company. Monetsry amounts in these financial ststements are rounded lo the nearest £.
The financial statements have been prepared under the historical cost convention. The principal
accounting policies adopted are sel out below.
1.2 Golng concern
At the time of approving the accounts, the Trustees have a reasonable expectation that the charitable
company has adequate resou￿$ to continue in operational existen￿ for the next 12 months. Thus the
Trustees, continue to adopt the going con￿rn basis of accounting in preparing the accounts.
The free reserves of the charity are very low. However the charity has cash available lo meet day lo day
activities due to the stru¢lure of long term borrowing. The charity also owns the freehold premises al 47
Tooting Bec Gardens which is stsled in these accounts al cost. The Iruslees are of the opinion that were
the charity in need of funds, further borrowing could be secured in the short term or the propety could be
sold.
1.3 Charllable funds
Unrestricted funds are available for us8 at the discretion of the Trustees in furtherance of their charitsble
objectives.
Designated funds are a category of unrestricted fund sel aside by the Iruslees for a specific purpose. The
designated funds of The Nehemiah Project reflect the funds invested in the fixed assets of the charity and
not available for day lo day use, and the funds sel aside by the Iruslees as detailed in the reserves policy.
Restricted funds are subject lo specific conditions by donors as lo how they may be used. The purposes
and uses of the restricted fLJnds are set out in the notes to the financial statements.
1.4 Incoming rasources
Income is recognised when the charitable company is legally enlilled lo it after any performan¢e conditions
have been mel, the amounts can be measured reliably, and il is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charitable company
has been notified of the donation, unless performance Conditions require deferral of the amount. Income
lax recovefftble in relation lo donations received under Gift Aid or deeds of ¢ovenanl is recognised al the
time of the donation.
Legacies are rec(￿nISed on receipt or otherwise if the charitable company has been notified of an
impending distribution, the amount is known, and receipt is expected. If the amount is not known, the
legacy is treated as a contingent asset.
15-

THE NEHEMIAH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Accounting policies
Icontinued)
Grants are recognised al the point when the charity is notified of the grant and the charity is enlilled lo the
income. Grants shown as donations are only deferred if they relate lo a specific future time period as
identified by the donor or the charity has received the income, but there is no entiuement to spend the
funds at the year end. If the charity is not enlilled to the funds without first meeting Criteria which are yel lo
be rnel al the year end, and the funds have not been received, the funds will not be recognised in the
accounts.
Grants are re￿nISed as restricted if they are donated for a purpose more restrictive than the ongoing
activities of the charity.
Grants are recognised as unrgslricled if the donor eilher does not slate any restriction on use or the
restriction is lo use funds for the supported housing project, as this is the only activity undertaken by the
charity.
Grants that are received for the general operation of the charity, rather than on the basis of a contract for
sery1￿S or for meeting a specified level of servI￿s, the grant is shown as a donation.
Were a grant lo be received with performance wnditions it would be shown as income from charitable
activities and would be deferred to the extent the charity has yel to fulfil the performance obligations.
Housing benefits and other rental contributions are accounted for when ￿ceivable.
Income from fundraising activities includes ticket sales, re￿iptS from charity auctions and other income
which is earned in the course of events run by the charity. Sponsorships for marathons, fLJn runs and other
events a￿ shown in donations as these are in effect gifts.
Income from events is included in the year in which the event has taken place.
1.5 Resources expended
Liabilities for costs are recognised in the ststement of financial activities as they ar8 incurred.
The charity has two charitable activities, being the operation of a supported housing programme and A
New Future Online. The administrative activities are run from one of the supported housing buildings
which is owned by the charity, and accordingly there is little general overhead cost.
The costs of fundraising activities and reporting lo fLJnders are separately identifiable and directly allocated.
General office costs are all allocated to the supported housing activity due lo the immaterial size of those
attributable to ftjndraising and online activities.
1.6 Tanglble flxed assets
Tangible fixed assets costing over £500 are initially measured at cost and subsequently m8asurgd at cost,
nel of depreciation and any impairment losses.
Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over
their useful lives on the following bases..
Land and buildings
Leasehold improvements
Fixtures, fittings & equipment
Cornputers
Over the life of the lease
250/0 Straight line
330/0 Straight line
16-

THE NEHEMIAH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Accounting policies
Icontinued)
Freehold land and buildings, representing one of the supported housing homes, is not depreciated as the
trustees consider the ￿sIdual value lo be higher than carrying value. The land and property is slated al
cost and at the year end the open market value was considered lo exceed the carrying value. The value of
the home is reviewed annually for impairment.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale
proceeds and the carrying value of the asset, and is recognised in net incomellexpenditurel for the year.
1.7 Impalm)ent of flxed a$sel$
At each reporting end date, the charitable company reviews the carying amounts of its tangible and
intsngible assets lo delemine whether there is any indication that those assets have suffered an
impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order lo
determine the extent of the impairment loss lif any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held al call with banks, other short-lerm liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are
shown within borrowings in current liabilities.
1.9 Financial instruments
The charitable company has elected lo apply the provisions of Section 11 'Basic Financial Instruments, and
Section 12 '0ther Financial Instruments Issues. of FRS 102 to all of ils financial instruments.
Financial instruments are recognised in the charitable company's balance sheet when the charitable
company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the nel amounts presented in the financial slalemenls, when
there is a legally enforceable right lo set off the recognised amounts and there is an intention to settle on a
nel basis or lo realise the asset and settle the liability simultaneously.
8aslc flnanclal assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequenuy carried at amortised cost using the
effective interest method. Financial assets classified as receivable within one year are not amortised.
8asl¢ flnanclal Ilabllltles
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price.
Financial liabilities classified as payable within one year are not amortised.
Trade creditors are obligations to pay for goods or SONI￿$ that have been acquired in the ordinary course
of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within
one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially
at transaction price and subsequently measured at amortised cost using the effective Inte￿St method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charitable company's contractual obligations expire or are
discharged or cancelled.
17-

THE NEHEMIAH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Accounting policies
Icontinued)
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's servi￿$
are re¢eived.
Termination benefits are recognised immediately as an expense when the charitable company is
demonstrably committed lo terminate the employment of an employee or lo provide lerminalion benefits.
1.11 Retirement benefits
Payments lo defined contribution retirement benefit schemes are charged as an expense as they fall due.
Donatlons and legacles
Total
Total
2021
2020
Donations and gifts
Grants towards ongoing operations
Less.. deferred income
Other
44,341
428,777
1106,3691
783
43,058
609,633
110,0001
14,533
367,532
657,224
Note 21 contains details of donations by related parties.
18-

THE NEHEMIAH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Donations and legacies
Icontinued)
Total
Total
2021
2020
Grants racèivable for core activitiès
Alchurches Trust
B&Q Neighboudy Foundation
Bernard Sunley Foundation
Cicely Northcote
Charles Hayward Foundation
CRASH
Croydon Relief in Need
Drapers, Charitable Funds
Help the Homeless
Hinchley Charitable Trust
Lloyds Bank Foundation
London Borough of Lambeth
Maurice & Hilda Lang Charitable Trust
National Lottery Community Fund
Nationwide Community Fund
Screwfix Foundation
Tara Getty Foundation
The 29th May 1961 Charitable Trust
The Clothworkers. Foundation
The Global Fund for Forgotten People
The Edward Gosuing Foundation
The Henry Smith Charity
The Lealhersellers, Company Charitsble Fund
The London Community Response Fund
The Merchant Taylors, Livery and Freemen Fund
The Jerusalem Trust
The Albert Hunt Trust
The Garfield Weston Foundation
The Souter Charitable Trust
The Worshipful Company of Mercers
The Worshipful Company of Vintners
The Tony and Sheelagh Williams Charitable Foundation
Repayment of unused grants
Other £3,000 and below
5,000
5,000
25,000
14,600
25,000
10,602
10,000
20,000
25,000
6,294
20,000
5,000
30,000
25,000
33,000
5,000
5,000
50,000
50,000
5,000
10,000
5,000
5,000
20,000
113,068
5,000
58,100
15,000
74,963
9,900
40,000
5,000
30,000
5,000
20,000
10,000
104,948
59,100
20,000
10,000
10,435
33,400
428.777
609,633
19-

THE NEHEMIAH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Charltable actlvllles
Supported
houslng
income
Supported
housing
income
2021
2020
Housing benefit and other rental income
276,878
292,204
Raising funds
2021
2020
Seeking donations, grants and legacies
Staff costs
5,738
49,947
5,818
46,158
Costs of operating fundraising events
55,685
51,976
Description of charitable activitias
Su
orted Housin
Pro
In recent years the Charity has solely provided residential supported housing ServI￿S for those recovering
from addiction. In 2021, the Charity has stsrted to create a programme which can be delivered online,
either directly or through partner organisations.
ramme
20-

THE NEHEMIAH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Charltable actlvllles
Supported
Housing
Programmo
2021
ANew
Future
Onlin
2021
Total Supported
2021
Housing
Programmg
2020
Staff costs
Depreciation and impairment
Staff and volunteer expenses, recruitment and
training
Rent and rates
Repairs and renewals
Light and heat
Motor and travel
Residents needs
Consultsncy, dinical supervision and other
professional fees
Subscriptions and licences
Cleaning materials and refuse disposal
FcK)d
Special projects
Insurance
Programme costs
Sundry costs
Temporary & agency staff costs
371,305
12,122
371.305
12,122
330,665
9,548
163
115,874
63,413
28,468
939
2.571
163
115,874
63,413
28,468
939
2,571
119
76,708
125,336
24,262
568
5,497
18,205
1,441
3,935
1,961
8,769
18,699
3,709
1,079
7,123
25,328
1,441
3,935
1,961
8,769
18,699
3,709
1,079
15,281
630
3,508
1,378
10,987
15,520
2,347
332
7,892
652,653
7.123
659,776
630,578
Share of support costs (see note 71
Share of governance Costs (see note 7}
99,830
11,757
99.830
11,757
92,938
11,301
764,240
7,123
771,363
734,817
Analysis by fund
Unrestricted funds
Restricted funds
462,469
301,771
7,123
469,592
301,771
330,082
404,735
764,240
7.123
771,363
734,817
2021 supported housing consultancy fees includes £13,832 for counselling and £2,080 clinical supervision.
2021 A New Future Online consultancy comprises the initial costs of wriling the online programme.
2020 consultancy fees included £4,616 connected lo the leasing of the additional residential home for the
2020 expansion plan, £4,980 of programme monitoring and evaluation and £2.033 of HMO licencing costs.
21

THE NEHEMIAH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Support costs
Support Governance
costs
costs
2021
2020
Staff costs
Printing, postsge and stationery
Telephone
Staff recruitment
HR support and professional fees
Computer expenses
Loan interest
Sundry expenses
Training and staff subscription costs
50,862
15,334
6,250
2,756
4,617
17,009
585
1,003
1,414
50,862
15,334
6,250
2,756
4,617
17,009
585
1,003
1,414
51,413
9,924
7,847
790
7,357
10,060
2,722
918
1,907
Audit fees
Accountancy
Legal and professional
5.880
2,292
3,585
5,880
2,292
3,585
5,880
2,520
2,901
99,830
11,757
111,587
104,239
Analysed between
Charitable acb"vilies
99,830
11,757
111,587
104,239
Support costs are allocated lo charitable activities in proportion to salary costs incurred.
Govemance costs includes payments lo the auditors of £5,880 including VAT12020- £5,880) for audit fees
and £2,292 including VAT {2020- £2,520) for the provision of management accounts during the year.
22-

THE NEHEMIAH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Employees
Number of employees
The average monthly number of employees during the year was..
2021
Number
2020
Numbar
14
13
Employment costs
2021
2020
Wages and salaries
Social Security Costs
Defined contribution pension costs
426,641
38,094
7,379
387,188
34,253
6,795
472,114
428,236
The number of employees whose annual remuneration, excluding employers, national insurance and
pension contributions, was £60,000 or more were..
2021
Number
2020
Number
£60,001Q70,000
Tangiblg fixed assèts
Land and
Leasehold
buildings improvements
Fixtures,
fittings &
equipment
Computers
Totsl
Cost
At 1 January 2021
Additions
827,600
56,494
15,845
155,080
3,256
38,168
5,520
1,036,693
65,270
At 31 De￿rnber 2021
884,094
15,845
158,336
43,688
1.101,963
Depreciation and impairment
At 1 January 2021
Depreciation charged in the year
6.338
3,169
142,860
5,565
36,445
3,388
185,643
12,122
At 31 December 2021
9,507
148,425
39,833
197,765
Carrying amount
At 31 December 2021
884,094
6,338
9,911
3,855
904,198
At 31 De￿mber 2020
827,600
9,507
12,220
1,723
851,050
-23-

THE NEHEMIAH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
10 Debtors
2021
2020
Amounts falllng due wlthln one year:
Other debtors
Prepayments and accrued income
11,665
12,474
64,077
15,445
24,139
79,522
11 Creditors: amounts falling due within one year
2021
2020
Notes
Bank loans
Other taxation and social security
Deferred income
Trade creditors
Other creditors
A¢cruals
13
8,333
10,083
116,369
34,153
4,167
28,276
10,000
57,151
1,319
66,769
14
18,112
187,050
167,682
Accruals al 2020 included a provision of £53,811 for the wsls of the refurbishment of 47 Tooling Bec
Gardens carried out al the balance sheet date, and trade creditors included a further £38.211. The
refU￿ishMent was completed in 2021, and at the 2021 balance sheet date there were no equivalent trade
creditors and an accrual of £4,125 relating lo a contractor retention.
12 Credltors: amounts falllng due after more than one year
2021
2020
Notes
Bank loans
Brilland Charitsble Trust loan
13
36,927
90,000
45,833
90,000
126,927
135,833
13 Loans and overdrafts
2021
2020
Bank and trust funding
135,260
140,000
Payable within one year
Payable after one year
8,333
126,927
4,167
135,833
-24-

THE NEHEMIAH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
13 Loans and overdrafts
Icontinued)
During the 2020 year the Charity repaid its Charity Bank loan with a Natwest Bounce Back loan. The loan
has 8 fixed interest rale of 2.50/0 and is repayable over six years. with no interest or repayments for the first
twelve months. The Bounce Back loan is unsecured.
The £90,000 Brilland Trust loan is unsecured, non interest bearing and has no fixed repayment date. No
amounts have been recognised in the accounts for the donation in kind of interest forgone or in respect of
discounting lo nel present value due lo no ag￿ed schedule of repayments.
14 Deferred Income
2021
2020
Performance related grants
Grants for a future lime period
16,000
100,369
10,000
116,369
10,000
All deferred income is expected to reverse within one year.
15 Retirement benefit schemes
Defined contribution schemes
The charitable company operates a defined contribution pension scheme for all qualifying employees under
an auto enrolment pension scheme. The assets of the scheme are held separately from those of the
Charitable company in an independently sdministered fund.
The charge lo profil or loss in respect of defined contribution schemes was £7,37912020- £6,795)
16 Designated funds
The unrestricted income funds of the charity include the following designated funds which have been sel
aside out of unrestricted funds by the trustees for specific purposes..
Balance at
1 January 2020
Resources
exppnded
Transfers
Balance at
1 January 2021
Resources
expended
Transfers
Balance at
31 De¢ember
2021
Property
capital fund
758,389
19,5491
12,209
761,050
112,1221
65,270
814,198
758,389
19,5491
12,209
761,050
112,1221
65,270
814,198
Property capital fund - Income invested in the charity's residential homes, furnishings and equipment. The
Britland Trust loan was made lo the charity to fund the purchase of 47 Tooling Bec Gardens and has been
allocated lo this fund to identify where resources are used.
-25-

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THE NEHEMIAH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
19 Llmlted by guarantee
The Charitable Company's legal stru¢ture is that of a company limited by guarantee. In the event of the
company winding-up each member is liable to ¢ontribute lo any deficit to a maximum of £1 per member.
20 Operatlng lease Commltments
Lessee
The 'Move On, house and Pounlney Road are rented from Sanctuary Housing Trust under a management
agreement. The agreed prevailing rent is £28,198 and £12,862 respectively and requires that the Charity
provide support services to the residents. No adjustment to the rent is made in these accounts for the
support provided lo the residents. In April 2020 a two year agreement was signed, and this has been
extended for a further two years in 2021. There is a one year notice peri￿ in the event either party wishes
to lerminale the agreement.
Fredrick Gardens is occupied from January 2019 under a five year lease with an annLJally reviewed rent
The agreed prevailing rent stands al £20,740 al the balance sheet dale. The lease does not contain a
break clause and so at the year end the charity was commilled to a further two years of rental charge.
98 Lodge Road is occupied from September 2020 under a 4 year three month lease. The agreed
prevailing rent stands at £34,000 and at the year end the charity was committed to a further three years of
rental charge. The charity has also committed lo redecoration of the property al the end of the lease to a
maximum cost of £10,000.
The lolal of the above payments is £194,540.
During 2017 the charity signed a lease agreement for photocopier and telephone system rentsl. Al the
year end there were 3 quarterly inslalments remaining of an initial 5 years and 3 months agreement, with a
totsl wsl of £22,680 including VAT of which £3,240 is outstanding at the year end.
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THE NEHEMIAH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
21 Related party transa¢tlon$
Mr R. AbNater is a Trustee of Sovereign Militsry Hospitaller Order of St John of Jerusalem, of Rhodes and
of Malla {the Order of Mallal. The Nehemiah Project has ￿ceiVed significant financial assistance from The
Global Fund for Forgotten People, a fund with close ties to the Order of Malla, but has not received funding
from the Order of Malts itself. The Trustees Report contains details of the work carried out with this
funding and the income is disclosed in note 2.
During the year the charity received £1,57812020- £2,300) in giving from Trustees. These funds We￿ not
sutijecl to any restrictions to activities beyond those normally undertaken by the charity.
The charity purchased Iruslees liability insurance as part of a combined insurance package and
accordingly no cost has been attributed to governan￿ and support costs.
None of the Trustees lor any persons connected with them) received any remuneration, travel expenses or
benefits from the charitable company during the year.
Remuneration of key management personnel
The remuneration of key management personnel is as follows.
2021
2020
Aggregate compensation including pension and employers, national
insurance
76,317
75,755
No financial guarantees have been given or received by related parties.
22 Analysis of changes in net funds
At 1 January
2021
Ca8h tlows At 31 D8¢emb8r
2021
Cash at bank and in hand
410,454
1169,9321
240,522
Loans falling due within one year
Loans falling due after more than one year
14,167}
145,833}
14,1661
8,906
18,3331
136,9271
360,454
1165,1921
195,262
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THE NEHEMIAH PROJECT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
23 Cash generated from operatlons
2021
2020
IDefi¢illlsurpus for the year
1182,6301
162,723
Adjustments for=
Investment income recognised in slalemenl of financial activities
Depreciation and impairment of tangible fixed assets
{81
12,122
1881
9,548
Movements in working capital-.
Decreasellincreasel in debtors
(Decreaseyincrease in creditors
Increaselldecreasel in deferred income
55,383
191,1671
106,369
160,9801
97,330
129,0501
Cash {absorbed by)Igenerated from operations
199,9311
179,483
30-