2023-05-30-accounts

HOMELESS AcfioN I￿1￿r￿ known a5 ThE Ashley Foundation) IA Cwpany Llm6ted by Guaranieel CONSOLIDATED FINANCIAL sfATEMENTS FOR THE YEAR ENOED 30 MAY 20Z3 Cok)wny P￿mber..336671l ACWF7JKX* 081U212024 COMPANIES HOUSE A13

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HOMELESS AcfioN IForrnerly Inown a5 The A5hleyFoundatiMI Financial Statements For the year ended 30 May 2023 Contents Pate ftefefe￿e and AdMIn￿rat￿le o￿all$ Trustee< Annual Report Independent Auditorfs Report Coo%JLldaied Yaiemeni of FI￿￿£131 ktk4ltlES io (c￿5011d•t£d 8al#nte Short li Ststernent ofcash Fknvs 12 Notes to ihe Flnafi¢ial 5t*ement5 13-31

HOMELESS AcfioN IFormerty knowrs as The Ashley F￿ndatIon) Reference and Administratlve Details For the year ended 30 May 2023 Refvred CharllyN•me: YthAction IFom%rty knowD asThe Ash Founda¢iothl ch&y￿ Registraioon Numbw.. 1063208 Compw Aeg15tMlon 14urnber. 3366712 Principil )lfte: 81 Abin8do• Street Blackw Lancashire FYI IPP R¥lstered OlfitÉ'. 81 Abin8don Stre Wackpool lart¥shire Fyi IPP Tiu5t•e5.' Mfs L Edwards- Dr M O'Donnell mrAoWf￿kl r S Robinson PAWS E Wirrerb Soli¢iior% Napthens Jubiliee House East Beach Lytham St Annes iancashire FY85 Lws Bank 2>27 Birlty Street Bkickpool FYI IEG Ats￿10r. Mrtchdl Charteswth (Authtl iiNaied 3rd Fb)r 44 Peter Street Manchester M2 5GP IIPa8e

HOMELESS AcfioN IFormerly known •sThe Ashley Foundaiior41 Trustees, Annual Report For the year ended 30 May 2023 The Trustees are pleased to present their annval direttors. rewrt iogeihe¢ with the financial siatements otthe chèrity fortheyear ended 30 May 2023. which are also prepared io meei the requirementsfor a directors. reportand acrounts for corn￿￿￿5 purposes. On IO. March 2023 the nameof the charity was changed from The Ashsey Fwndation to ome￿$ Action. The linancwl Matemeffls comFdy Tmth Charitles Act 2011. the CompafiTes Act 2Lh)6. the Memtttsndum and ArtKles of Assttiation. and Accountiniand Rtp)rtin8 by Charities.. St•tÈment tsf Rettymmended Praalce 3th￿abIttO charities parirvd their accourbts m ac<ordaDce with the Finanaal ReFOrt1￿ Standard apF4Trble in the UK and Republ￿ of Ireland IFRS 1021 leffertl¥e l January 20191. ObJe(tfve5 and artl¥1¢5 The Wbncipal obiectNÈof tht charitythro¢outthE ￿lyWa5 t￿ re%ef of pryerty bythe PTO¥iS[L￿ ofaccomrTh)dation to persons in need ènd pro¥tiYinE support to ¢I￿nIS to assist thern wilh the ￿￿er issues of homÈEe55ness. This W¥5 ¥cbleved by the operatkjn of 13812022 2011 hostel 1￿m$ spread a(ros$ 3 sites12022.. 61 in Blockpcol, Sursderl•nd, and Blackbum. and 8212022.. 881 sdf-contaifted Move On ft•ts atyoss 19 sitÈs12022..201 ir5 B￿Ckpo￿ and Sunderland. The woperties are cKcvd undpr ijrffering arrangerrents (rKIL￿1D8 0￿0 ants owated. leased artd oper¥ied •n v￿rated on behalfofiAher partie5 via managem)t agreeffnts. In the htssiels, daily support is P￿￿lE¢ to the dwts •551#￿thern with d•lty IPrfir4 5kilk. The ch.ents in the l&ts are supported to Ive IndepEndontty.. Ourin8 the Covid wndemic a￿dI￿nI1 a¢ctyrwThx￿thjn w•$ in both 8k¢kp¢¢)14nd Sundedand. The Provi￿0￿ of arwrnmodion In th SundeAarkd¥ia Creati￿ Use of exi5tiry acwmrrKJat￿ lsonyiry. In SeptembÈr 2019 the Charity opened a Cwnrr¥Jnity Café & Hub in B￿ck￿001 to provKk opportunities for cUeMs to experience pr4rtbral Wofk exp¢fNce. AS 4 result¢f the COVID.19 restrirtK)ns ihis was able EO operate fully until Mafch 2020. 11 then r￿opEne{l ful￿ in In May 2021 aDd contlnw to prty•le ¥ahJable caterinB t￿￿rk expe¥lence and In De¢tmber 2022. the Charity prffithngout ofhM5eturltySUPPNt5eNcestoafatllityoperated by OL•tkph)tsl Qjèstal Hotssini. TheTcusteesat¢¢leorthattheobiettiveSandactNbt￿¢1Th¢As￿IEvFthM￿tK)nareurr￿dOuIf01pUbI1ctseftetrt. They have rtferredto Ihe euidart£e £ontainerf inthe Charity Commissth)n genernl iuldance on wblic ￿ne1￿ when reviewin8 the purposeand Objea￿sandwhefi pLinnfft8ihefutureaCtM￿$. 1nparticulai.theTr￿Iee5WlII consKlerhow planned acti¥itles w(11 Wntrlt￿te to theairns aftd obiittiwe5 they have set. Provts10fi of accornmothtknb. During ihe yearaccoMr￿t￿￿￿&S wovthdfor253 hLtr7te55 IndI￿dL￿715 In Blackpjol 120Z2.. 2931. 167 in Sunderland 12022.. 1971 ond 123 in 8la¢kbum 12022= 2301. NUM￿r$ iedLted in BL3ckpwl & Surtderland due ro Incrt•sed lewh of suyas a resuk of an i￿reaSe in comple¥ cases and a change in e¥i¢Lion5 ky)liry toBether with the C￿5¢10￿$ deCI￿on to sFnd more tlme with residents in the hostel to improve thEir o¥rcome5. The reduction in Blatkbuin ts as 3 resuk of Canierbury House & un￿ House dÈ£Klln8 renew thelr management 48reewnerit5 a5 the endof 2021-22. There continues to be high demand for accomrfX)datioh Irom the lttèl authtirits and h4gh occupancy levels were achleved. PartfiershSp wofkln8- Ouring the yt•r Cont￿￿1 cl0sdy￿lb our aurhorities and other wovlders IA blackpool. Sunéerland and 8kburTh. Hortel Do¥elopments-lTh ayeeNnt w6th Blackpool C￿n£￿ we have Pu￿hased ad&tvJnal accOmft￿Jd3lt•n to enable us to Èx￿rtd Elm House and pro¥idE an additional 18 trds. irKludin8 disabW farilit5 afvd additional Fe£rÈation facilities for our residents. W 15 expeaed thot this will be ready in Autum 2023. 21Page

HOMELESS ACTION IFormÈrly known 45 Th¢ Ashley Foundtionl Trustees. Annual Report {Cnm￿ For the year ended 30 May 2023 Resthnt5 Support- Dwing the year we have developed our support PrC￿s￿D fof our resldenrs. Ovr alm Is to w￿rk closelywith all our r25idènts toen•We them to 0￿￿1n en¥>bynnt. whe¥e aPPTopriatE. and to live indepÈthdently. W hove inrroduced classe5 In Maths. English. tr skills. toJd8eting and ITle skills. a￿llEs1de re(￿atIonal èrtivifies includlng E¥m, boxin& walkin8 and ￿nd￿laft$. To wport our Tk, we tre ¥ery fortunatÈto retewè grant furnding from the KnowYourNeI8h￿￿[fvoO￿ fuhd via the ComrnuTrity Foundat￿, fora wkntot#rryoutthi5 WOA. Due to the succe55 01 the pilor, we were SLKcessfully awardeda further grant in September Z023. ag3in from the Know Your Nelthbourhood National Fund for 2 years fundin8 to continue V4ryth this Wofk. The aim of the yarbt is io i501¥tion. we are providin8 5VPPOrtihrou8h 5killsvrkshops iTr¢ludln8 fin•n¢e. IT. Life Skilts, 5POrt5 and ￿ls￿e, wlunteerin8 andiob tfa)in8 inclL¥lin8 Construction and hairand beauty. Mlnlbvs-we werewery lortufiate to receive supportfrom Blackp￿1 Council the KrKM¥ Yow Ne￿hbOUrhood F4Jnd via thé cOrNnun￿ Foundation to puichèsea 5mill minibu5 lOtTrnsportow residenis io apwintments and activitles. Fihn¢il r•fiw Thesiatemerts of finBncial xtivrtie5 Ire set￿t ¢)n pw IOLrfthe ￿ncIal siatemm Cwsolhlated incow for the year was £3.285.74812022: £3.65&249L and cons0￿dIttO expenthture for the year was £3,027.10712022.. £3A12,92BI. The ovwall consolldated surplu5 for1￿ ￿ar was £258.64112022- defiot of £156.6751.The year £wer year redLKrion I the deficlt 55 larBeNf due to the impact of the acquisiiion of the BL4ckw)ol Fty)stels which resulted in th¢ termination of ¢heonerous Man•gernert A8reennts et¢red inio tythe pwwsTrtJ5ttes in Oecember 2017 Re5eryeslRe¥•rve5 polky Total rtsÈrves as ai 30 May 2023 ore £3.038,2911202?-. £2.779.6501. of wh￿h £3.030.57612022.. £2.768.0421 Jre held In Èenerol ufvresirtted resefft5 and £7.715 12022.. £JI,E4)81 are held in re5trKted re5er¥es. Within the un￿St￿l￿ed reserve5 are desien3tedfund5 10ts11•)8 £142.02612022." £88.7081. See note 24 for fvrther detsiis. Re5eive5 are defined a5 unrestrthd funds that are f￿ty avaikble io spend on chamable purposes. Reserves should teheldt05tTrèanunexpeded neeLlforfvnd5. coverlnrfunf0￿5ee￿ day-tLTrday oper3rkinalc05ts,ashorrfall in incorne or to luwil our obligations. Our reserves kk)licy tsdesi8ned to reftett the undeilyin8 risks facing the tharityand toensure Ihat we have appropriate level of iexrves 10 5aleEuard our DpÈratws •nd 5eMre5 tg horrele55 peopte, pèrtirul•r the operbin8 and Snitl operatlnt of new buildings. kcordingly, we aim as far a5 rea50nabty praC1Ka￿e. io m4intain reserve fund5 of up to 5VA mDnth5 operation31 running costs. This FOIKY Is re¥wd Based on the eeneral reserves ol £0.7S3 million (net of funds rep￿Sent￿ by property èhd èssc<rated borrowin8 aod dÈsi8nated fut)dsl. 3.1 morths reserves are in place. The Tntsttes t￿s￿lerthe level of reseffts to be at thÈ ft￿rnent but ¢oiitin to ￿leW and monitorthis. Golng wrKern Fofiawing i reviEW of the finarKFal POSition 41 ihe dare of sigftifts theseaccrAtnts and profrrtions for the fdJowin8 12 m￿th$the Trvsiees consider rhai the charity isa goin8 cofcern. Trathng subsidiary The choriws wholty owned subsidiary. Shop 2023 Ifom*rty kn¢)wfi Is HON￿leSS A¢tion ci.Q. ceased operating ils charr(y Shop in March 2020 a5 a resuh of ihe Co¥id-19 ￿ndemIc. and the kase which eTrded in August 2021 wa5 not nwed. fv frustees are in the pr￿e$S013ppIVW￿ to Companies House to have the SLthid41ry compatyy dissofved. 31Po&e

HOMELESS ACTION IForrDefly known a5The Ashley FovndtHwthl TTUStees' Annual Report For the year ended 30 May 2023 51ryrtlire8o¥ernaii￿, and ma￿¥emeNt fj¢veFninz The charity was #Korporated in May IYJ7. The Ash￿ FtyJndatK)n is a company linwted by 8uaTrntee 6ovemed by its Memoramdurn and Articles of A55OCiation d•ttrf 7 May 1997. as by 5petial Tesduthtins dated 4 September 1997. 4 JanL43ry20fJ). Sjanvary 2012. and 11 June 2021. Go¥ernah¢• Introdudlon On 20 March 2020.the CharityC¢)mm6skniopeneda5tatutory¥wuiryirbtotheaff•ir50f the charityandon 13 January 2023- wbfished it5 ftndln8s. The report can be fcwd on the Chaiity Cornmisslm websrte. In accvrdance ￿th ArtKlÈs 31 & 32 of the cornwny'5 of AsscKréti¢>n Mrs EliiabÈth Warren and Mr Sknon R•binx)n iesi6ned as Direct¢)rs in March 2023 and tte r¢elerted fori lurther temi oloifire. Appointmefttof tNstees Other than in ihe Exiepllonal orcumsiances outh"rbEd in ihe (hairty Cmmi5sKn K¢eport . whÈn new Tru5tee5 are required, Fo)sitKJns be advertised lo£alty. and a fom￿1 selection proce$5 will take place. Thls WIH also Involve the poienti31 new trusteelsl visitin8 kal hostds and [￿ts and also attenthng a irustee lI￿lIng io gakn an appreciaiion of thew¢+rkiny olthe chwbty. 7n￿ee Induc¢loftaNI tralnl Tfvstee Ind￿t￿ inw)ves vislts to See the p￿mIses3nd to meet the manaiement ad stsff tean￿. together wfth tirne spEnt with the Chief Exerutiveand Sen￿1 Man￿er5 ro better and rnort fLrfty undE￿tand ihe actwities of the ¢h•rity. Ref•ted partie5 In additlon tothe tntsteeswho ser¥td duringtheyear.ttTrn#ees￿$pIer(helo1￿￿ty@•￿dlVI￿valS1Od oreanisations to related parrie5 fw the pwpv5es of di%tlo$ure of rekited party irnhsartthis.. Mrs W Swlft and Shop 2023 C.I.C Ifc¥m¢rly Hoffefess C.l.C.i. Details of relatsd party transaC1￿•S to diSchX￿ kn accordan￿ wtth the reledant reB15￿￿on and 8Lldance can befound in 23 on Pa8e 26. FundraisimB 5tandrds The chèiity dcs not c?rryout snrfKant fundrnlslr¢ attwnie5. Rftrth¢e •ryl •dmimistrati d*t¥ls Reference and adnynisirat￿e detsils a￿ shown in the sche&Jle ￿ memtersof the boafd and profe5Yonal advisers L page l of ihe financlal statements. Dk•rt•F5 and frusi The dI￿￿oIS of thechèritable company (the charity) are its tfusttesfof the PUTpose of£hafity lawand throu8hotst this eport are ¢olleciwety ieferredtc as Ihe tru5tee5. The trustttswhostr¥ed thE coryarry durin8iheperiDLlofthe ieport wert asfolbw5'.

HOMELESS ACTION IFormeity known a5 The A5hleyFoundailonl Trustees. Annual Report ICMtlNed) For the year ended 30 May 2023 Key m¥n•¥eThnt ptystyind.. Chair.. Mrs L Edward5 Dr M O'OoDnell Mi A Oldfld Mr 5 Robin Mrs E Wèfren Key managen￿t personnel.. PflrKlthff (Thief Elec¢A￿e Ofter: Mrs W Swrfi Tvu5tees' responsibilities ThÈtrurtee5 Iwho area150 director5 of No￿￿￿55A￿KJn forthe pur[￿01 company lawl are responsi1￿e for preparing the Trusiees, Annual Report •nd the tinancial 514ternents in accordance with applicable law and United Kingdom ACc￿lIngS1and3Ids (Vnited Kin8¢kmGene(a¥y kcepted ACc￿ntFnl Pr¥dicÈl. Company law requires the irusiees to prepare li￿nC￿l staiements lor eath lithancial year which ¢ive a true and fair vlew ofihe state of the affalrs of the charrffable cornpanyand the group and ¢lihe incomlng resource5 and appllcation of rewurces. inclwjlngtheincomeand eXp￿￿￿ture. of the chritabEroupforih¥t peTiod. In wÈparin8 th5È finantièl staieirents. Ihe iru51ees are required to= selert Suitab￿ accountir polities and then applythem o)nsistthtly; observe the rnethLMlsand prin(ipk5 in the CharitiEs SORP. makE judgements and tstimates that are reasoThabfe and pnJdeTht" slate whether applicablE UK ac£ovntinB standarLls been Idlowed. Slkniect to any material departure disclosed and expLaSned in the financial SEatemenis.' afid prepare the financ￿) staiemenis on the gofj￿ corKem b•sis unless it is inapwopriète ￿ assume thai the chorirabfecomponywill continue in b￿1fte$S. The irvstees are responsible keepin8 woper accountln8 ￿CordS that dtsclose with reasonaNe accurxy at any time the financial Positi￿ of the charitable company and enabk them to ensure that thE finaficl Statements tompty with the Companie5Act 21x16. They1￿ 4lsoresponsit4efor5afe8vardinetheasset50f rhechèritablecoffwny andthptroup and hence for iaiThg reasonable steps frK the prevention detection of fraud and other irregulacities. Insofar as the £urrenl Int5tees •re aware, and subjert to the findiry ol the (harity Comn¥i$5ion investi8atk)n whh commerKed on 20 N•arch 2020 inio ￿nIS and iTrnsattions durin8 Lhis and prewu5 linancval years.. there is no feknant authi irrfLVmtion dwhKh the charit•bleconyanVsa￿yitVrs 15 Un￿￿¥re.. ahd the Irustee¥ h4vv taken all 5ttps they (wht to hwe iaken w ff¥ke themse￿5 aw•re ol any re￿ant audit information and to estaNish thai theaudiw i5aware of that inlorNotion. AppTobd byihe Board on and sIAn¢d behall by: Mr5 L Edwards. Char Trustee 51PaBe

HOMELESS ACTION IFoffflerly krxi¥m as TheAsh Fo•Jndall¢￿1 Independenl Audltorfs Report to the Members of The Ashley Foundation For the year ended 30 May 2023 Opinion We hève authled the linarKk71 stateftnts ol The Ashle¥ Fovndaiic47 for ihe year ended 30 May 2023 which cornprise the Group 5tatemtnt of Finaco1 AciivitiE5. Ihv GTDUP ar￿ Parent C¢wfiy StatÈrrnt of Flnanclal P051tlon. the Cèsh Flow Stètement ènd the Notes ttsthe Financial St•le￿nts. ir￿Uding1 Summary ¢f &"8niticant Accounting Polkies. The financi41 reporting frarnework ihat has teen ar￿1￿￿ in their prepafation is appli(able law and United Kin8&)rn Acrourtiing Standawds (United KiThgdorn Generalty Attepted Accountifig Pratt￿e}. includinc FRS 102 The Financial Reportin8 applicable ifi the UK and RewblK ol Ire14fbrf Iunited KinB(k+m GenÉrall¥ Accepted Ac¢ountin Pr4¢licel. In our opinlon the financbal statvrents.. give ¥ tfue and lair View of the slate ol ihe 8roup's and the c￿rItable compaAV'S affair5 as Ot 30 hAay 2023 and ol r(s incomit)g resources and applicatK￿ of resources. irluOin8 its incomE and Expenditu￿. for the yeèi then eded., have boen prO￿rty yepared in accwJarKe ￿th VnitÈd Kih¢dtsm GeTreraltyknepied ￿tte￿ntIl8Prnrt1ce. •nd have beeN prepared in 袢ord4nce with requirements of the Compan5Act 2￿6. 8•5isfor oplni We cofiducted our avtht in arcordance Wilh appI￿ab￿ law and Iniernational Stsndards on Ayditire IUKI IISAS IUXII. Our responsibllfties under rlw starbdaros are furtber described In the I￿110(.$ responsibiliis lor rhe audit of the f￿ancial #ai¢ments section of our repcrft. We are independent of the 8foup and rh¥itabJe company in accordance with the ethi(al fequirements th are relevant to our of the finlntial statement5 tn the UK, includin8 the FRCS Ethical Standard and 14 hav fullilled ow other eihkèl reSw)nsibilff￿ in accordance Ymth thtse reqvirement5. We believtihèiihe3udit evidencewehaveobiained is SLrfficieM and appropriaie io wovide è bè5isfor our oplnion. Condusions rÈlitintto ¢ofngcontÈm In audiiing the flThancf315tsternents. we have conduded that the Tru5tees' of ihe 8cn¢concem basr5 of accountlne the preparatfon ofihe financ41 State￿nts isapprowiaie. Basedon thvwryk￿thaye Perfor￿￿￿.hoYe notkleniifd•nymiieri•luncerralntles rek7tinKtoeventsorronditkJn5 that. indiv¢(lually or co1￿cti￿e1¥, may cast Sranif￿a￿I th)ubt on the cornpany'5 ability io conibrbue a5 a KoTnE concern for a peilod ofat leart tWe￿e mnihsfrom whÈn the fina￿la1 ￿llements3￿ authori5ed for15sue. Our responsibilit￿5 and the resp)nsibtlst*sof the Yru5tee5wilh respect to eoinccrmcern are th￿ribed in the relvrfant sections of this ieport.

HOMELESS ACTION (Formerly known as The Ashley Fourationl Independent Auditorfs Report ta the Members of The Ashley Foundation For the yearended 30 May 2023 Other Information TheothBf informatK)n cornprises the inlormath ￿tIl￿￿ed Inihe annual repryt othwthan financi71 stateffenis and ourauditor'sreportthereon.The Trusiees are resp)nsibleforiheothÈrinlormation contained wiihlnthe annual report. Ovr opinion on the financial statÈmÈnts ¢loes oot cover the t>ther inforMat￿n and, extept to the extent ¢)therw15e explicifjy stated in our report. 44do noi expre55aThyfoirnof assufaftce concltssion thereon. Our responsibility isto read the other infomiation and. in doin8 50. torI￿der whether thE othEr inlormatM)n is maierièlfy inconsistent with the financial statenrbts or ¢)ur knowledEe obtalred in the course of audyi. or othprwi5e appvors to be rnaterially misstated. If Identlfy such material inconsiMerKies or apparent mater441 mrsstatements. we are required to determine whether thi$ 8Nes rise to • rnaitri41 mi%ttètement Sn the fiTh0n¢￿1 ststements themsefvÈs. If, ts5ed on ihe vork we hove perforffed. we corKlude that t￿le isa rnatefial misstaternent of th15 Other Snforrnation. we ère requlred to report that fact. We ha%t nothlnE to rewrt ￿ thi5 reeard. Oplnlons on other matts presthw bythe(omps Acl 2006 In our op6nkn. based on the undertaken courye oftheaudit.. the infom￿t￿)ffi given In the To￿teE$. ReFrft fty fin•rKi•l year for wthith the linaftckil statÈrrents are prepared ts con515tefit wtth t￿ linanclal state￿nis." and Ihe Tru5tees' fte￿rt has ljeen wepared in accordaKe T4Vrth leyl requKement5. Matten on T¥jh￿h tAre rtquir¢d to report tytxt¢ption In the light of the knowledge and urKlerstandlng of the ¢CA￿panY ah(5 its envir￿￿TrI obtalned In the coutse of the audlt, we have not h1¢ntir￿d m4terK41 rni59tatements ifi the Yrustee5' Repon. We have noth?n8 to rep)rt ￿ respert of the matters Wtr￿ the Companies ki 2C¥)6 reoukes us io wep¢)rt to you rf. in our OPinK)n-. adequate aC(￿j￿ting recwdshave teen kept.0rrftsrnsa￿Uate lorourau¢t ha¥e not tten receivedfrom branches noi visited ￿ us. or thegroup financSal statewnts are not In agreem￿1 with the a¢wntine recordsand returns.or certain 6lsclosuresof Trustees. left￿ne￿I10Th specthEd bylaw I￿ not mède.. we have not rece￿ed all the InfomMtlon and explanattohs we fft0ul￿ for ouraudll.. or the Trustees were not entIt￿rf to Pre￿re the financ￿1 5tatenfits in ac£rMtsnce W￿h the small COmp4n￿5. re8ime ¢•ke athan¢4Ee of ihe small Compan￿5. exempl￿￿5 in P￿parin&the Trusree< Report and from the reouireffni to pfepare a Strate8* RekxY(. ?IPèeo

HOMELESS ACTION IFormerl¥ known as Yhe Ashley Founditionl Independent Auditorfs Report to the Membets of The Ashley FoundatiDIl IComln&lJ. For the year ended 30 May 2023 Resptynsibilitles of Trustees As explèined rn¢re fulty in the Trustees. rtSkxnsibilits ttbternent. the Twstee5 ère responslbie forthe prepafatlon of the tinancial statement5 3nLS for being sati5fd thar ihey £p4e a true ènd fair wew. and for S￿h internal rontrol a5 the "rettors determlne is necessary io enable ihe preparat¢on of fIr4r￿la1 thternen15 that are Iree from material mlsstatemefit. whetheT d￿ io fv•ud ot ettor. In wepaflhB the finin¢i415t•temÈnts. the Trustees are resFonsible foi assessi￿ the company S 3bili(Y i¢ conDnuE 45 a giyriE ccffjcern. dscknsinL 35 ¥ppIiE•bk. rr4tters rÈlateO tr 8Olllg concern and usin8 ihe goin8 concern basts of accouotine unless the Tiustees either iniend to liouthie the company or toce3se operation5. or h4ve no realistic alternat￿ but to do 5Q. 4uditorfs respoMbits for1￿•￿tht of the fiDaThrlal stat•i)etlts Out obie¢ti%5 are to obtain reas¢n•ble assurarttt about whether the fmoncial statements •) a whote ère free from matefiol misstate￿01. wh￿her due io fTrud LY error. and to issue an Audftor'5 Rekrt th•t int1￿leS our opinioTh. Reèsonable assu¥ance is a hi8h lerfel of assurance but Is fict a gvarantee that an a￿rt conduaeé in 3ccoidaDce with ISAS IUKI will ahvays detect a rnaterk81 misstatEmeftt whÈn it e￿Sts. Mi5Statements can arlse from fraud or error and ère£ofisO2ied material rf. indNiduallyorsn theaBve8ate.theycoubd reasonab￿¥bE￿#le￿t0Infknencth¢ e￿10M1¢ declsi0Th5 of users iaken on the bas150f thue fIna￿tal staieDDts. Irre8ularilies. Includlne fraud. are Insiancesol n0n<onwlian￿wrt￿.1￿s¥rtd rewlions. We desn procedures in Ilne wfth our respon5iNlllie5. abm. lib detert meii•l in re¥)ect of i￿￿KUlaritIES, inrludirylriud. The eitent to whlch our pr£Éedure5 are£apabJeof detettw)8 irreguL3(iLS. includin8 Iraud. 15 detailed below. Extent to whiththt •udil wa5 consider￿ cpblÈof dEtettiry irrEw￿l11￿$. lntlud1￿frIud We idenify and assess the risks of material msstaieftydnt of the financrdl statements. wheiher to fraud or eiror. and then de$48n and perform audii pr4xedures responslve io those risks. intlLKlthg c4Jtair41ne audit thtidence that 15 strffklentand appr¢wate to prty4hle a baslsforcwf opknk Id¢niifykn8 and a55e551nipoteJthl rlsksw•lot•dto irrryukrfU•5 In identfying and èssessth8 Tisks ol material NwsstatemÈnt ih resp￿ of Irwularit￿$. irKludiry frnud and non- cofflpIKafi¢e with Iow5 4nd re8ulation5. weron5iderEdthefoMowinE: the naiure ofihe sertor. Conttol environ￿nI Iwne55 perform3rKe: the orEan&tk)n'so%thi a55e55rreni of ihe risk5thèi irregutsriiiesmayocrureiiheras a rÈsukof fraudor error.. the results of our enquirie5 Df marwEemtni and rnrersof the8oartl of Trwtees (rfth•"r own IdentlfKatbpn nd 3ssessNnt of the iisks ol Irreeulartties- any matterswe Identi￿ havhiKobtainedand rv4ewed ibe￿￿nisaIioO's¢kn￿rrentoyi￿0fthe￿ pollciesand procedures relatin8to-. identifyin&evaluètingandcoDithnEwrtb tswsondregulationsand Whether1￿vwereJWqreoI ony instance5 ol noTh<￿p1￿￿£e.' detecting and rÈspohdinK to the risb of lrnud ahd wheihtr tly h•ve knowle of any actual. susperted or alleged frnud- the inttwnal contwb estsbllshed to Mit￿ale rtsks offvaud orrnn￿Mpl￿ln¢e￿rtfv laws and r*gulati¢tts- and the mattets d￿￿$st1 •mng the Jud￿ e￿age￿thI team rÈeordify8 how andvthere fraud might o¢¢ur In the financial $t•temtrtsandany poterthil irvli¢aiots dfr¥LKJ.

HOMELESS ACTION (Fofmerty known asThe Ashlty Foundath>nl Independent Auditorfs Report to the Members of The Ashley Foundation Iconiinuedl For the year ended 30 May 2023 s a resdi of these pro¢edwe5, we considefedthe ¢)pp￿￿￿￿S •fid incentr¥esthat may exist within the c￿n￿nY fc fraud and thntified the 8reatesi potenti•l forlraud in the fdb)¥ringafea: The e5timotion of the housing benelil accrual. In comwn wth aU audtts under ISA5 IUKI. we are also reqUI￿d to pertorrn srttific prcKedu￿s to ¥spond to the risk ol mafia8effrf overwide. We also obralned an understsndin8 of the ￿gaI and re8ulatw ffarnework ihat the organisation operates In, focu51n8 ¢n wovisions of I￿Se laws 3n(I re8ul•ion5 thlt h•d a diiect effect on ihè deterrTNnatlon gf m•terial arnDunt5 and di5clowre5 in the financial staiemÈnts. The key tsws and regulat￿n5 we (onsldered hi this coDiet included the House Multlple Q<¢upatKtiTh reEvlotKtn5. and the Sertive licensing 5cherne5. In additlon. we considÈTed prristons of other latws and regulatKTrns thai do not have a dlrect effect on thÈ financlèl 5taterNents but cgmpliance with vihich m4y be fundampntal to the company'$ ability to operate or io avold a material pe￿1￿y. These irKluded Data Piotedion Re8ulat￿Qs. A further destnption of our responsibilitie5 for the audrt of the financial staten￿￿t5 Is brated on the Financial Report Council's Web￿le at.. This d¥triptiDn lorms part of ourAuditor's RÈpDrt. U5eotour R•pryl This Report ss made 5deiyto the charitWe cofflpjnrfs ffembefs. as a brJyi ￿ arCOrdan￿ with Chapter 3 of Pèrt 16 tyf the Compant Act 2CIJ6. Our èudit wjrk has been undertaken so that we nwghi slate to the charrtable ¢ompanrfs ￿rnb￿s those mètter5 weare requiredto statetothemin an Audbtorfs Repmandlor noothÈr purF¥>se. Tothefullest extent permirre(S by law, we do not accept or a55urre responsibilityto anyone ￿her than ihe charitable compèny and Ihe charitable companrfs m¢mbtrs as a t￿. forouf audft work.lorthis Rewrt. or forthe opinions we have formed. J¥mllet Johnston (SenlDrSt*￿0ry Auditoil For and on behalf of Mltthtllthitlesworth IA¥dltl Llmlted Chartered Aceourtants Sl•tutoryAydbi•rs 3rd Flour 44 Peter Stweei rtanchester M25GP 2 February 2024 91Pè8È

HOMELESS ACTION IForm¢rly known as The Ashley Foul￿atIon? Consolidated Statement of Financlal Activities {Ir￿l￿dI￿ tsn5O￿dl1￿I •nd Exptndiiure At<¢)untl For the year ended 30 May 2023 Notes R¢strthd UNestrittd Total Ful￿ ReSt￿tted Unrestricted Total Funds Fund5 nds 20 Sund5 Fyhds 2022 Ibxome Donlon5 and le8acle5 42.650 s￿13 12.4C 10.432 22.810 Intome from d￿ritablI artivliles: OFrat4on gf xcommodation andr4fé 3.223.012 3.223.012 3,623.770 3,623.770 Imome from activities Cornrner£ial iradifig opÈratv)h Ihvestment in¢eAr- boThk interest Rental income 9.713 4.560 9.713 4.560 L779 7,860 1.779 7,8fAI Total Inr•ni1￿ resourcès 42.650 3.243.(88 3,285.748 12.408 3.643.841 3,656.249 Expendlture C05t of r•lsln8 fvnds". Comm¢r¢iil tr4dlry ¢¥evotkJn 13.1441 13,1441 EXper￿ltUre0n (harkab artfvltles: O￿TatIOn of4ccvrnmodat and café 146.5431 I2.￿.5641 13.027.107) 124.2361 13.785.548) 13.809,7841 Total empendlture 146.5431 12,980.5641 13.027.1071 P4.2361 13.738.6921 13.812.9281 122.7Tr)1 22.700 Netlrftynlnc r¢sow¢es f thF year 13.8931 2K4.534 258.6dl 134.5281 1122.1511 1156.6791 Total fund$ brov8htftyward 11.608 2.768.042 2.779,650 46.136 2%90.193 2.936,329 Vot•l l￿d$ urri¢dfovw•rd 7.715 3.030.576 3.038.291 I1.￿ 2.768.042 2.779,650 The Stbternent of FinarKial Actr¥ities include5 all yin5 and k)55es ￿ Ihe year and t￿reFOre i Stit*meffl d Total Reco8nlsed Gain5 and Losses ha5 not been prepared_ The note5 on pa81$ 13 10 31 IDrm part ofthe5e thandalstaternwrts IOIPage

THE ASHLEY FOUNDATION Consolidated Balance Sheet As at 30 May 2023 Group 1023 Group 2012 Char 1023 Cha 1022 Fimed a55ets Tan8lWe as5eis Investments 17 2.448.142 2321.175 2,448.142 2,321.175 Total fixed assets 2.448.142 2.321.1?S 2.448.143 2.321.176 Cyrr¢ntasse¢s Oebtors Cash èt bank ènd in hand 19 350,558 756.269 182.435 773.313 350,558 754096 182.435 771.940 Tot•1 artynt assets L106.827 955.748 1.105.454 954,375 Credltors: Amountslalllby duÈwlthln e year io 12202011 12LY).3501 1219.1211 1199.2701 886.626 7SS.398 886.333 755.105 Total •55ets le55 (urrent liabllltles 3.334.768 3.076.$73 3.334.476 3.076.281 rJedbn: Amoyntsfalllr¢due aft more than one year 21 12%.4771 12%.9231 1296.4771 1296.9231 3.038.291 2.779.650 3.037.999 2.779,358 The knnds0lthe<￿rlfy Ilestricted income ffunds UTrre5tri£ied sncome fund5 25 24 7.715 3.030.576 11.&)8 2.768.042 7.715 3.030.284 11,608 2,767,750 T•tallunds 3.038.291 2.779.650 3.037.999 2,779.358 For theyear ended 30 M•y 2023 the gfOUP was eniffted toex¢nyK)n fri)m audit under secth)n 477 01 the Companip5 Act 2W6 rdatifvd to srn3llrornpanie5 buta5 this ¢4yryny154 ¢h¥rty. Il i4 wi4ed to audit under the CharltiesArt 201>. The members havE fflat required the company to obtain an aullit ith accordante with secti￿ 476 of the CompaniÈs Act 20C6. The directors acknowdee their re5ponsit4lity for complying the requtrement5 of the wth fespert to accountln£ records and fof the Yeparat￿Of accounts. These accounis ha¥e been wepared in accordance wWh ihe pro¥Isit￿￿ ap￿kable io companles sub]ert io the smèll companvès regime. Th¢ financlal statemerttswer appro4d bythtBo•rd olTrwiees i)n be￿￿bY. - 2024•thd •re snedMihe5r L Edward5 Chlr•lTrusteeJ Chai4ty Number.. 1063208 Company Number.. 3366712 The noie5 on pays 13 t• 31 foim p•n oltht5e fth•nci•l sMeff*nts IIIPa8e

HOMELESS ACTION IFormÈrJ¥ known 45 The Ash Fwndaiionl Statement ol Cash Flows For the year ended 30 May 2023 Group Ch•rity Chèrity 2023 2022 1023 20 sh generated fromllv5ed iThl operniir artNltles 28 170,050 1192.4241 170.050 1193.7791 Cashfflow frnm In45Un8 actNIti¢s Interest income Purchase tsf iangible fixed è55ets 9.713 1.779 1179.4691 11.011.098) 9.713 1.779 1179.4691 11.011.098) Cashfftowfrom Iti¥estlni•tllvhbtS 1169.7561 11,009,319) 1169.7561 11.lJ9,3191 (ashflow IromflnarKlryad￿tles Rep•ymeThtsof 117.3381 1343A691 117.3381 1343.8691 Csh used In lknartillÉ•¢li4ryli 117.3381 1343.8691 117.3381 1343.8691 Oe(rease In cash •KI ￿$h equl¥ferts kn the year 117WI 11.$45.6121 .117.0441 11.546.9fj81 Csh and(a5h equiva￿Trts at ihe be8lnnln8 of the year r13.313 2.318.925 ni,940 2.318.908 Total ush¥Thlfash equiwlents •tthÈw ofthÈ ytar 756.269 773.313 754.896 771,940

HOMELESS AcfioN IFoime¥ly known as Ashlty Found•ti¢nl Notes to the Fiftancial Statements For the year ended 30 May 2023 thnparty In￿rMat￿n Home￿$$ A¢rM)rb IFornrty kTrO￿ a5 The Ashlty FoLm¢Jationl 15 a prTriaie comp•fiy I￿rted by Euèrontee. dorrmclled and incorF¢)rated in England ar￿ WalES. The re8lstered Offi￿ Is 81 Ablngdon SireeL Blackpoc4. Lancashwè. FYI IPP. Ar￿￿10￿8 polides The prlnclpal accounting poliC￿S adowed. iuLements and key sources of estlmatron urtcert•iNty in ihe pfep•r¥tK>n of ihe linancial staterreThtsare as foll)ws= Basis of prtpartion The fbnahtk81 statemtnts have been prepartd in ac(ord3ncÈ with ACC¢￿11￿8 and RtportinB by Ch•rities.' Statennt of Re(omrynded Prathce applKoble io chariltes preparinE ih•r accounts in accordance with FInanc￿l Reportin8 Standard appli£•bk in ihe UK and RepuNt of Ireland IFRS1021 leffecti¥e l October 20191. ICharitie5 SORP IFK510211. the FinanC￿TrI Aewrting StaTrdaid •pplicaWe in the UK and Republic of IreLiTrd IFRS102I aDdihe CryaThle5Att21Y Thefinan¢ial 5t•tennts a￿ Prep￿ In sierlin& whith 15 the fwittion41 cyr￿r￿ ofthE charity. Monetary arrovnts in these f(nancial Statementsafefo￿ded to the nearest £. Horneles5 Art￿n rreets the delinllw of a publir btnefrt entity under FR5102. Assets arsd lyablltties are InltSallyrecoenised at historical¢ost(iraftSact￿n value unkssothemsestated In the relevantAccountinB Poli¢y notelsl. Ibl Groupfi￿nClal sLttemeMs The finanoal stèiements consdklate the re5L4ts of the tharity and r¢s wholty owned subsldvdry Shop2023 CIC (Formerfv nown as Homeless Action CIQ on a line by Ilne basis. A separate State￿nt of flnanclal actNILies anl Incorre ¥nd Expenditure Account f¢wthe charity has not been presented because the tharity ha5 taken athtaDta4e of ihe exemptkn afforded tysenion 408 01 ihe Cornpanie5 Aci 200& Goln¢Conttm At the time of •pprovbnA the finl￿ra1 slat¢nrts the Trustees have a reasortaNe exPerta￿￿ thAt the harity has adEqtsaie re50uices io continue in operat￿11 exi5ttnce fw the fove5eeable flrture. Thu5, the Trustees contlnue to adopt the going CLxKern bays of accounting ￿ preparingthe flnanoèl statements. Idl Fund5 ¥trw¢we General funds are unrestiicted funds, whh are available for use at ihe di￿re1￿)n of the Trustees i furtherance of the ger*ral objecti¥esof theihirity. Restricted funds ace fvnds subJe£i to Speci￿ resirinve contlrt6ons imp￿Sed ￿ the donor or by the purpose of the contract / mon￿5 received. The purw)se and of restrirted funds 15 set otrt in note 24 10 Ihe finandal ststemenr Oesignattd funils I￿ funds whKh hive be¢A allo£ated LY designated for sp¢¢ifk purpose5 by the charily out of unrestrKied lunds.

HOMELESS ACTION IForm¢rty known 45 The Ashley Foundtionl Notes to the Financial Statements For the year ended 30 May 2023 Atcourtifig polirs 11 InromE r¢•8nbtiiin Income Is feco8Aised When the charity has entitlennt to the fund5. any ￿rfOrMance ronditions attach￿ tothe itenrfsl of ifi£orne have been met, it is probab￿ that the incomewill be recei¥ed. afid the can be rrea5wed relrdbPrf. I￿Orne from dorbattons and grants that provide iorefunding or ère of a 8eneral nature is re£oBnised where there 15 entnleThnt. cerrainty of rec¥0 aDd arr¥wN (an n￿sur&d with SUlf￿1￿￿t liability. Income Iromgovern￿nland other8rnis. whdher'capital. 8rnntsor'￿èThut. Irant% Is ￿0¢￿¥sed when the charity has eniitlement io the funds. arry Ferformance conditions attoched to the grants have met. tt is Pmbab￿ that the in¢on Yiill te received. and the ar￿Unt (an measured ell8bly and ts not dÈfÈrred. Grants are deferred tts (Utu￿ ￿riodS when this Is s￿lfd ￿ the funder or other preronth"lions ofthefund are rrt. For le8a£ie5, entitlE￿￿nI is iaken as earlier of the date on which either." Ihe charity is aware that probote has been yantEd. the tstste ha5 been finali5ed and notif•tioh has beefj nde by the executorlsl to the Tw5t that a dlstribution wll be mède. or when a dt5tributW 15 Te¢eived frorn the estatè. Rtceipt of a lÈgaty. in ￿Ole oi in pa.rt. ￿ ontytohsidÈed probable when the amount can bt mpasvred rèliably. andthe tharity has been notilipdolihe exttut•rf5 intention to makea distribution. Where legacles have been I￿l￿ed iothe £harfty. or the charity is awa￿ of the 8Trnting of pmboie. anisthecrlteiièlor income recognition have not been then the Ls a ireated as a contlngent ¥sset and disdosed if mitewial. In¥e5tffleTrt is recoGnf5ed ocewable bass. The rhèrty has servicea8reerrents In place with other grnilar O￿an15￿tIonS. The incorne from these i% showo on a ¢r055 basis ¥rith eNFenditLwe I￿uded in Expenditure on Ch•rf(able tivit The chath has Mana￿￿En1 Ove￿nts in ￿￿et￿lth Fak￿ ￿￿u$￿&AS$rKIlt1on ac to rnin48e the provision of accomnw>lètion for ihe homtless in w¢Jpert¢es ffi Sunderlaod. Falcon ts ihe leaseholder of these propertres. The ten￿$ of the a8reerneThts resvk in the Charlty rece￿1￿8 Income from Falcon equal to the amDuntsthat Fakon reter¥e •s ho￿￿￿E berdit from the council. This incoff* is included in Incorne from charrtab￿AcIiWi1Ies. ExFendrf(ure incvrred in providinethe svvicerequired underthe terms of the a¢rttments is induded in EX￿nd￿lure on Charitable Aciivities. 141Pa8e

HOMELESS AcnoN (Formerly known as The Ash￿¥ FoundatioDI Notes to the Financial Ststements For the year ended 30 May 2023 Att¢urttMVd poficles IC•rttldJ Igl Expendhure Expenditure is recogni5ed once ihere Is a legal or COn￿ruCt￿e obllgathjn io make a paY￿ent to a third party, it 15 probable that Sett￿￿￿nI will be req￿Ired, and the awjnt of the obli80ti0rt can be measured rellabty. EX￿ndr(ure isclassified Un￿ ffolknvin8 actrdity headin8S.' Costs of rais¥ntfund5 4lt the thrert•nd indirertcostsof rai5inefundsforcharitablepuryw)ses, 1Thclvdi￿ aptinR forgranis. haritabte expenditure ¢ornprK5es thost C05ts iTrturred by the charity in the delivery of its attivllies and seThices for Its benelickifies. It incI￿JeS both coststharcan be allocated d1￿￿1¥ to such attiviiies and those ￿$ts of afi Indw¢¢t n•ty@ n¢re5$1tytO SUPPDrt them. Support costs inclvde costs of the preparation and examlnath)n of the statutory finaTKial statennts. Ihe c¢)sts ol Twstee and thr c05t of any legal advi￿ to Trustees on eo¥É¥Mnte or constitvtion•l rnètters. IXhere¥pendlture rewesents ihose items fvlling ifito anyothef headln8. Ihl H¥od a51e15 IndiTrridual T￿ed ossds wsting £ICWornwxt are iniiialty recorded ai c05t. Depreciatksn is pro¥ided on all tafi81b￿ fixed assets at the rates ltsted t¢Sow so as to write off the fost orvaluJiion. les5 anyestimated re￿d￿￿1 value. ¢wer theirexpected useful economii life.. Frtehold land and b￿l￿ng$ ant machinery oit¢ee4uiw)ent Motor vehKk5 2% per•nnumoA tott IO% per annum on c05t 33.3% PETannum on tts51 16.7% per annum on c05t Investments Fixed a55et Investmentsafe incI￿led at market valL at the Balancesheet dale. ftea115ed 8ain5 and b55es on investments are cakulaied as the difference tetween 5Jle5 proceeLIs. and their morker Valve ai ihe start of ihe year. orth•r subsequent cost, and are charged or credited to the state￿nt of Fin•nci•l Artivilie5 in the FrK¥Jof di5P05al. Unrealised gains and h)sses rep￿sent the rrYement in market values durin¢ the year and a credited or thar8ed to the Stattmeht of Fin•rfil Nd4ilies based on ihe marktt V41ue at th¢ year til OpeTaiim¢ l•ses Rentals p4yablÈ opevatlhi ¥Te Ststeffeni of Financhil Actl¥itie5 on a stièi8ht-line ba51s over the lea5eierm. Penwns The ch¥wity operate$•na￿oenr0lrr*￿t￿e￿ed¢or￿tr￿U1K￿D xherreforalelielbleemployeesin lithe . with the current leesbiion.

HOMELESS ACTION (Formerly known a5 The Ashley Foundail•nl Notes to thè Financial Statements For the year ended 30 May 2023 Aecountimt polities Oebtors oiher debtor5 are recognised at the settlerneffl due. PreptymEnts are v•}￿d •t the amount prepaid aftertakln8 any ¢￿SCOun1 due. Iml Cash at bank and In hand Cash at bankaDd In haftd i￿lL￿leS (ash Sht)rt-te￿ liquid ￿vestM￿t& Cred￿5 •nd provtslorts Creditors and prtr4isK>ns are reW8n￿ed where ihe thèrity has a preseni oblieation resuhing from past event that will w¢Jbably rewlt in 4 trnnsfef of lunds to a third party at ihe amount du¢ to settle the obli8ation and can ￿ measured or estimaled relièbty. Creditor5 •nd provw)n5 •re norm411y re(ognisedai thEW Settkn￿Tht amunt after lor any trnde discouThi due. FIMA¢i Btvwnen¢s The charity only has fiThonciol a55et5 and liabllitles of a klnd that qualify as basic financial instruments. 84sic fin4nckil in5trument5are iniiity rÈ£o8nised at transaction value and subsequently nasur¢d at their seill￿TrE val￿. Lwlst¥ts￿ olthe tharitv The charlty Is a PfNate c(Mmpany knf(ed ￿ ￿ar?nIet and con5eouentty does rbtst hove5hare capital. Each of the members Is liable to wntiibute In orr()wt noi exceeding £10 toward5 Ihe asset5 of the chariiy in the event of IKIuidati￿. The number ol members * the yearnd w35 seven12022- ¢i8htl. Judgtments and key S￿1£￿01$t1ffla1lM v￿ertaknty In the ￿p￿IcatiOn ol tht charit(s accouniing pditios. Twttees are required to make ludymÈnts. emimates and assumptksns akut the tarrying amwni of assets and lialy.liiies that are readity 3ppareTrt frc#n other sour£es. The estimbte5 4nd asw¢i•ted assuMpt￿)￿S are based on hSsiorical experierKe and other lattorsthat are thnSHleTed to be rele¥aThi. Artual fesulis may drffer from iheseestimèie5_ The esifjm7ies and underlylne assurytp)ns are revie*d on an b￿15. Revt5kns to accovntlng estirnates afe recoBnised in the per￿1 in whKh the estimate Ss re¥ised wbece the rewision affects only that period, or in tht ptriod of the re¥￿•¢￿ and knyre Per￿d5 whÈte the revisvx affetts both current and fthure period5. )61pb8e

HOMELESS ACTION (Forl￿rIV known 85 The Ashlty ￿￿ndItIOn1 Notes to the Financial Statements For the year ended 30 May 2023 Giants. donatiom. and le8a¢les Re5tvKted iknrestrkted Total Fund5 Re51rKt811 Unrestrlrt¢d Toi•l Fynds Funts 2021 Funds Funds 2022 Dmations and le¢acies Appeals èfid don•t¢ons 813 813 1.476 1.476 fjrants 42.650 47.650 12.408 8.956 21.364 f•i¥l pw S￿¢mDI offunds 42.650 5A13 12.408 10.432 22.840 The income fromBrants. donatthsand Wcies wès £48.46312023= £22.8401 of which £5￿13 was Un￿strirted 12022.. £10.4321 and £41.650 re51ricted12022.. £12.4081. Incornlry resour￿5 from tharkable aetivslies estriL1ed Unrestiilted T•tsi Funds Rtsiiitted Unrestrthd Total Funds Funds Furyls 2023 Fund5 Fwids .2022 (hwltsble Housing benefrt- hostels and fvis Incory from hostels and flats Residents, contribution5- I￿le1$ and flats Emergency Bed$ 5¢heme Cornrnvniry Café & P￿Ibiakl oiher kncome 2.951.345 2.951.345 1.837.780 1.837,780 1.517.6C6 1.517,605 150.058 35.043 64.445 12.121 150.058 35.043 64.445 22,12) 145.966 45,058 54,637 22,723 145.966 45,058 54,637 22.723 3.223.012 3.223.012 3,623.770 3,623.770 ctivities 171Pa¢e

HOMELESS ACTION IFormerty known as The Ashley ￿￿ndIt￿tiN Note5 to the Financial Statements For the year ended 30 May 2023 Incorneeavned from comrnerclal tradirya¢¢l¥tttes The wholty owned trading subS￿lary Slw2023 OC known as HoTrkss ACtiC￿ CICI (Company Number.. 08044728, reÉi%tÈtdofficÈ.' 81AbinÉdon Street. alackpwl. LbncashiTe. FYI IPPI previously operated ¥ charity shop prw4inE clolhin8arlfvrMure t¢tl¥)se Én needand to raise funds for The Ash￿ Ftsunthti¢￿. Thfj5 c105ed in March 2020. Thtsvmrnary tlnarKial resuhs ol ihe stjbsltharywefe: 2022 Shop taklngs Grani I￿ome Cost clsaksand adnlnfjsirath)n costs 13.1441 Operatlng profft 13."1441 The3s5etsand liablliiiesof the SLth4dk4ry coryany *re: CUr￿taSSe1s Creditor5'. affloynts fallingd￿ ￿y1hITIOne year 1,373 11.0811 1.373 11.0811 292 292 Aufry•¢e sh•rupilal aNI reserye5 292 292 Restrirted Unrestrirted YO￿ Funds Aestritted Unrestri¢ttd Tot•1 Funds nd5 FuThls Funds 2021 Bank tntere5t 9.713 9.713 J.779 1.779 Totsl inve5¢ment I￿offie 9.713 9.713 1.779 1.779 181PaBe

HOMELESS AcfioN (Formerly known as The ASh￿Y Foundatim) Notes to the Financial Statemeftts Forthe year ended 30 May 2023 Expondrtur•onthitsbl¢ •rfl¥ltlts- Currem yur Community Café & Mub Attom Totsl Funds Provision 2023 Wages andsalarfeswsts Sufting costs PrerrMses£osts ServKe char8es- BlJrkbum Hostels Office costs Food rosts Other costs Laundry and (￿an1r¥ costs Mutor and travel costs Oepreciation )vernance costs 5upw¢ wsts 52.643 iio 10.347 1.053.657 9,168 885,679 418,386 17.297 86",208 10,132 10.164 16.209 49.168 ?.560 352.767 J.IC6.300 9.278 89G.026 418.386 17.748 125.483 14.Z71 14.411 16.2C8 49.168 7.$60 352.267 451 39.275 41,139 4.247 111.212 2.91$￿95 3,027,107 E¥pendllure onthril•bleadivitle5. PdoT year Communlty Café & Hub om Toial Funds Prw151on 2022 Wages and sèlars costs 5tsffift8 costs Premi5escosts SeThice char8es- blackbtrm Hoste off￿2£Ots Food c05t5 Othercosts laundry and £leaningcosts Mororand iravel ¢t>Sts Legal COMS Loan interest Depreciat Governancecosts Supp)rt costs 57.020 244 1.021377 3.239 1.296,720 884.298 17.677 63.188 15.195 8.367 10.952 793 13,220 32.231 7.350 338,407 1.079,397 3.483 1,310.3ZI 884,298 17.948 83.311 16.534 11.531 10.960 793 13.220 32,231 7,350 338,407 271 20.123 1.339 3.164 Toial 95.770 3.714.014 3.809,784 ExpendrtLtreoncharitableartI￿t￿ WO5 £3.027.10712022". E3.809,784lof whKh £2.980.584was unre5trirted 12022= £3.785,5481 and £46.543 ￿StrICted¢2022.. £24.2361. 191Paee

HOMELESS ACTION IFormerly knowfj as The Ashley Found4tionl Notes to the Flnanaal Statements For the year ended 30 May 2023 5umm•ry ofanaws ofempenditure and relathd im¢¢me for ¢h•rItab￿ attivities-(uTrrt year Community Gifé & Hyb Attom Trtl Ftsnds Prwsitin 24123 C0515 (not¢ 91 Grant SLtPKOrt I￿re 51 IlJ.212 112.41011 2.915A95 135.2401 3.027.107 147,6501 Net cosi. otlrlMome 98.802 2880.65S 2.979.457 Summary ofanafysls ofewnditure and rdated in¢ome for ¢h•ritable a¢tiVbts- Prforye C¢mmunity fé&Hub Atcom T•tal Funds Pioviiion 2021 Costs IrL0te 91 Grani supp).rt- reststed Inote Sl 95,770 112.4081 3,714.014 18,9%) 3,809.784 121,3641 Net tost. other in(•me 83.362 3,705.058 3.788,420 ii. An3lysi5 ofy%rn3nre 8nd support f05ts- ¢￿￿n1¥ell The charityalloc4te5 itssupport C05tsas 5htswn tab￿ beknwèThd then lunher4pportl¢￿5 lhose c05r5 to the charitawe actb¥ll￿$ undertatrn 15ee we IOI. Unless ststed othe￿tse. support C0$15 a￿ dlrectjy ttributed to the actiwity. Genwal Support f¥uth•bKe Total 1023 Support cost 8ank£harBes Wages and Salar￿ corts Stoffins costs Bad debt PrerrH5e5 Costs Office tosts Food cv5ts her costs L4undry •nd ¢￿anIng(￿sts Motor an(1 tra¥el costs Accountancy costs Audit C05[5 Le8al cosis Trustees, exper￿e$ Loan inieresi Oepteciailon 746 217,469 4.822 11.5501 22.501 25.038 185 9.882 319 754 30.925 746 217.469 4.822 11.5501 22.501 25.038 185 9.882 319 754 30,925 7,560 19,621 7,5f 19.621 18.221 3.334 3.334 352.267 7.560 359.827 20IPaÈe

HOMEIESS ACTION IFornrly known as The Ash￿ FotsndaiTronl Notes to the Financial Ststernents For the year ended 30 May 2023 ii. Anal￿$91¢￿m1n¢ •fid 5UPPDrt wsts. Pr¥yt The thèrity allcstsa5 5hwn ih thtt•bk beky4 ond Ihen furt￿rIpPOrt￿)Th$ thost toms to the charitable acrhiitie5 undertaken (see note JOI- Unless stated otherwise. SUp￿rt ttssts are directly itributed tozhe aciivity. General Support GOv¢ma￿t Total 2022 SuP￿rt ro Bank chafges Wage5 and solaries costs StaffinÉ costs ead debt Prernlses costs Office costs Food £osts Other costs Laundry and ¢￿anIn#￿Sts M￿OraThd travel costs Ac£ountancy£osts Audit £05ts" Legal ctsst5 Twstee5' expens Loan inte￿$t Oepr¢i•tk)n 900 l87.Ci19 21.431 3.217 22,527 24.412 iio 2.136 510 L226 40.746 7.350 28,762 187.ClJ9 21,431 3.217 22,527 24.412 170 1.136 510 1.226 40.746 7.350 28.762 443 4,918 443 4.918 338.107 7,3SO 345,7S7 12. Tturterf rernntration and e¥pqrfjes The Trustee5were fiot pid. ohd MrdKI they reter*athyothef ￿ne1￿5 fromernpltyrnentwhh ihecharmyor its subsidiary ￿ theyearl2022= £Nill. Expenses tOtsllbnE £Nd12022-. Ilill were paid to no12022.' r￿) Trusiees ifb ihe ￿ar 10 30M￿ 2023 In ￿$￿ett of motorand travel cosrs. IIIPaÈe

HOMELESS ACTION (Forrnerty known as Ihe Ashley Foundationl Notes to the Financial Statements For the year ended 30 May 2023 13. Nol K•mel{expendiiurel 2013 2022 Net Incomellexpendilurel is stated after£￿￿1￿¢.. Opertin8 leases Management agreents SeNKe char8e5- 8L4ckbvrn Hostrls Auditorfs remuneration- statutory Bank interest pay•ble Deprec&it￿Tr 90.696 453,012 418,386 7,560 18,121 52.502 196,178 835,753 884.298 7,350 13.663 37.149 14. Anaty515 ofstaff <oll5 and le￿￿e￿on ol rnaniyment per￿￿ 2021 WaEe5 and salaries Nati¢)nèl insurnfice COfitribLrtKJns Employer5. Ptnyon ttniribthi005 1.227.449 82,558 13.762 1.168,247 84.835 13,324 Totll rtiff lJ23.769 1.266.406 The a¥era8e number ol eMplo￿e$ dvrln8 the year w•5 2812022= 381 with all empl￿ee5. time involved in providSn8 •ther suwort to the govemafice of the chafity w sup￿rr servÈces to chacit•Ne actlvities. The ch8rity tonsiden its kty fft•nagtment personntl comwise the Trustees and the Chief ExecLStive Offlcer. The total ernpbymtnt te￿rIts irbclwjing empl￿￿5 pEn5itiA Contributions of the key management personnel was £115,723 12022.. £115.2701- One employee 12022= tsnel had etyknee benelns lexduding pen5iDn contributions) in xte55 of £60.(￿. This empbyee recel¥d remuneratknTr kn the bandlD8 ÉICQ,tsJO £iio.orKI12022.. £I10.OC￿. E120.OLQI. Durin¢ the year payryrtiS totallihi £Nil12022.. £12.3101 mède In resFect of terM￿￿n payments to emplweeslfomieremployees. 15. PeO￿on(￿Sts The charity opeTrtes an auro eThiolfflent defined toht1ib￿ith scheme for èll eligible efnplorfees in lifie with current ￿e4513t￿n. It L% a defi￿ d ctyi1ribuli￿ 5cherre and conlributK)ns are charged in the 5t•tenn¢ of financrdl artMt￿ as ih¢y act￿. Ihe enWtye¢s charge for ihe year for the £harlty vRs £J3.762 12022.. £13.3241. 16. Cowirailon lax The cornpany is a registered rha¥ity •nd i4. thetefore. exemwlromtaxaiion.

HOMELESS AcfioN IFormerly kr￿￿￿ as The AshFey FoundatioDI Notes to the Financial Statements For the year ended 30 May 2023 17. TInntblef￿ed a$s￿5- Group Plint and Mathihery In(￿din& Motor V¢hi¢le5 Frtthold Irrterest kn AssÉts tn Flmves. i•nd Buildirys Constr￿￿n E4yiprrnt C•st As at 30 May 2022 2.453.(15 IB.187 .096 27.499 2.531,288 179,469 151.970 D15PX)5aLs As al 30 May lOZ3 2,453.1Kl5" 151.970 18.187 87.595 I710.757 Dep￿14t￿n As at ao May 2022 Charge forihe year rh5posals 149,469 49, I1.2￿1 826 49.354 2.612 210.113 52,502 As at 30 MFY 2013 198.533 12.116 51.966 261615 Plet book Value Asat 30May 7023 2254.472 151.970 6,071 35."629 2,448.142 s at 30 May 2022 2.303.536 6.897 10.742 2.321.175 231PaEe

HOMELESS AcfioN IFurmerly known as The Ashlty Found¥llonl Notes to the Financial Statements For the year ended 30 May 2023 17. T¥m¢ibfe fixed èssets-Ch•rity Pl•nt •rl Machlnery irbdydlnt Motor Vehk Frehold Interest In ASStts FiKlures. Land and course of Flrtlr¢s ulldwy ConrtN(￿n Ewipment rotal Co s at 30 IAay 2022 Additions D65khJsals 2.453.( 18.187 2.531,288 179.469 151.970 27.199 A53t 30 May2023 2.153.(K 151.970 18.187 87.595 2.710.757 Depreti•ti)n A5 ar 30 May 2022 Char8e for the year rhsposals 149.469 49. 11,290 826 49.394 2.612 2JO.J13 52.502 As ai 30 Ma¥ 2023 198.533 12.116 51.966 262.615 Net book Ydlue Asat 30 May 2023 2.254.472 151.970 6.071 35.629 2.448.142 As at 30 May 2021 2.303.536 6.897 10.742 2.321.175 Invellments held as ffixed assels The ¢h•rity holds ont4Y(linary share of £1 its vthofv ¢)¥med Ir4dir4 sthirftrary compjny Horneltss A¢ttii CIC whKh L% Incovporated In England andWale TheattNitsantl re5Urtsof this COM￿nY￿e summoiised in note 7. 19. Debio fyoup 23 Groyp Ch¥ 2023 Charity 1022 2•22 Housln8 benefrt re¢eN•b Trade debtors prepaY￿nis, aCCfL*d income& other debtors 280378 42.524 82.958 72.7( 280.37B 42.524 82.958 72.708 27.656 26.769 27,656 26.769 350.558 182.435 350,558 182.435 241PaAe

HOMELESS AcfioN IFofmerly known as The A5h Fo￿￿tion1 Notes to the Financial Stslements Forthe year ended 30 May 2023 20. Creditaf5: Amounts I•l￿ry willMnonÈyeaf 6rwp zoij fjrwp zou Charity 1023 Charity 2022 Bank bans and ovefdrafts Arnovnt5 due ro Sup￿lerS Ta%￿Tr and national insurance Other creditor5 A(cru￿Sand deferred incoff 15,817 38,756 21.669 3.lJ9 140.740 32.709 20.380 24,737 3.618 118.9C6 1517 38,756 21.669 3.119 139.660 32.709 20.380 24.737 3.613 117.826 220.201 2￿.350 219.121 199.270 C￿dItors.. Aff￿nts fallin815ue wilhihL￿eVeat1r￿lUde5 the IdlDWiTr8 li#bilrLs. on which security ￿en ¥Nen ly¥ the chariLV and8roup'. Group & rity 2023 Gioup & 2012 Bank loan5 15.817 32.709 The bank loans are secured by3 first leEal charge over 8143 Abinedon Street. 254 Homby Road. 39 and 45 Bèirstow Streei I Wo￿trtOn Avenue. 1761178 Wltsom Road. 10 Kn¢>wlÈ Avenue. The Warehouse back Cocker knet. 23 Ccckerstreet and 264-266 Llickson Road." allof whichare situated in Otsckpo￿. TlierÈ tsfurthersewrity provhled bya fixed and fWJ•tkne¢harye o%rithe otheiassets of the charity. 21. Credltors.. Amounts l•if&y due aftev rnore than one par Group & Chailty 2023 Group & Charlty 2022 Bank looThs 296.477 296323 lrfluded in crethtty5 orethefdloryfi8 •rN)unts d￿)fter r[￿re than fi¥e year5.. Group & Ch¥rity 2023 Group & Ch¥ity 20 Afterr￿￿e than fNe years byinstalments 234.820 230,408 251Page

HOMELESS ACTION (Fofmerly known asThe Ashley Notes to the Financial Statements Fof the year ended 30 May 2023 22. Operatir¥ lease ￿p￿Tr￿MeThts and manozement 1£rttn￿ts As 30M•y2023 ihecharity had￿j￿lan￿ThBCornrnlIn￿n15tOTfutVre miniffwmlease Ply￿￿t% Uhtltrnon- cancela￿e ¢Jperatlne leases mana8emefit agreements as follows". G￿p& Charlty 2023 Group & Charity 2022 Less than one year Within t￿>10 twe ye•r5 •erti¥e years 490,934 1.958.556 4.7CQ.636 453.012 1,812.047 5.257.683 7.150,126 7.522.742 23. Related part1•5 Controlliry entity The charlty15'cofbtrdled bytheTru5tees whoare all directory of.the cLryany. Related partytfansartions ihthe twrent year: DurSn8 the ¥ear the Charity pawj nK)tor costs toialffin8 £21,39912022- £1.1641 io Modern Cts55ic Car5. an entity Whe￿TrUStee Mr S Ro￿NS0n is a memberof key mana8effni. Pre¥tyJus yearreiited portytran5aaKms were". The net amount byihÈ Chafitvs subsidiary Shop2023 OC IFoTmeth *nDwfi as Homdess Actth C.l.Q to Ihe Charity a5 at 31 A￿￿512022 was £3.217. As the company ha5 ceased io iradE the Diiertors con51dtr that ￿ recoveryof the ouiStandin8 baknce is therefrffe * has ￿en written off. 261Pa8e

HOMELESS ACTION IForm¢rly known as The Ashley Foyndionl Notes lo the Financial Ststernents Forthe year ended 30 May 2023 14. Anatysii ol chèrithNt furtds- Group - unrtstrfaed ¢urtknt￿•r Translers At30Mty 2022 lfitomlnB Resovrees Res￿1£￿ Expended At 30 May Z023 General tunds DeS￿nated Fund- Poplar House Designated fund- Sunderland 2.679J34 3.189.780 12.980.5641 18315 7.668 2.886.550 25,983 36.446 2.531 12.302 48.748 2,531 15,OC#) Destgnated Fund- l.WO Voltes Desi8n¥¢ed Fund- M￿)1 bu5 Desi¢n4ted Fund- Black0(￿1 Hostels Oesignoted Fund- 81•ckpLKJI Flats 23.348 23,348 26.416 26.416 Totsl fvads 2.76fi￿2 3.243.fYJ8 12.980.5641 3.030.576 Anaty515 of tharhable fvnds- Group . unrestrltted prior At 30 May IDcornl 2021 ftt3ource5 Re¥o¥rre5 iAtsthtedl ExptndÈd At 30 Mo¥ 2021 Translers Gener•1 lunds Desienated F¥nd- Poplar HOU5e Designated Fynd- Sundedand 2.852￿￿ 3.618.852 13.788.692) 10.485 7.830 13.7161 2.679,334 18.315 24287 2.531 12.159 36.446 2.531 Designate¢S Fund- l.(WVoices Desi8nated Fund- Mini bus Des18nated Fund- Blackpool Flats 26.416 26.416 Total 2.89).J93 3.643.841 13.788,6921 22,700 2.768.042 Anatysisol th•rE￿blE fvnd¥- Charlty . unrestrt<xed thrrent year At 30 M•¥ Incorn￿l Resou1tt5 2022 Iles0w￿ Expendtd AI 30 May zoz3 Translers General fund5 2.767.750 3243.C88 12,980.5641 3,030,284 Total fufftds 2,767.750 3.243.(IJ8 12.980,5641 3.030,284 Analysis ol ch•fftable lunds- thawity - wnr¢Sit￿¢d pvi¢ryt4r At 30May 1021 Incofflln¢ ftesources ftesouice5 Eynded At 30 May 20ZZ TraThsfers General lunds 2,886,755 3.643.841 13.785.546) 22,7C 2.767,750 Tot•1 lunds 2.886,755 3,643.841 13.785.$461 22,700 2.767.750 271p32e

HOMELESS ACTION IForrnerty knoMTn a5The Ashley Found•iiMI Notes to the Financial Ststements For the year ended 30 May 2023 Is. Analysis ol thaiitable funds. Group & charity. re5ts1rted-Cvrrtni Trtr Al 31 M4V AE50urres 2022 Resour￿3 ExpÈThd At 30 May Tr•nsf Merbtal Heakh Support Cfjrnmuniry Foundation Grant The P4al￿nal Loitery Comrnvnity Fund- TheA5hley Fwndar¢on Cornmunlty Qfé •nd Hub 30,240 122,5251 7.715 12.410 124.0181 Totlfvhds ii. 42.650 146,5431 7.715 Name Oe5c¥iffjion. and pul￿Se$ olthe fund Mentol Nealth &Jppon Support for ihe pro¥iswJn of rnentol he4th of our residents in Warkpool. Thi5 grant Wa5 fully used by 30th May 2022. CAynmwiiy Foundaiion Grant Support thrwgh the prow5w of Skill workshops inrludin8 finances. Th. LrFe ski115, SPOrt5 and leisure. voluntwin& and job tr3inim8 inchJdinÈ h•irdrÈssin8 aniF builthnÉ. The National lottery CommwLriy Fund - The SwpDrt For runnin8 costs of the Cornmunity Calé & Hub Ashley FowKlat40n Community Café & Hub during the firsi three year5 of operation. Due to COVIO-19 the fundin8 per￿. in a￿e￿ent with the Natlonal Lottery was extended ￿ six ff￿jnths. ond the final tranche of Iwdin8 Wa5 recei¥ed in February 2023. Anafysisof charltsbl¢lufids- Group At 31 M•v &<harlty- prtoryear 1022 Resourus Expefided At30Mav 2023 Tr¥nrf*rs Mental Nealth Supkxjrt The Nat•)nal Lottery Communitv Fund- Tbe Ashley Foundaion Community Café and Mub 122.7fyJl 23.436 12.408 124.2361 11.608 Total luDds 46.136 12,408 124.4361 122,7ts)1 11,608 26. Transfers Any stjrpjus exFenditU￿ any of the re5trKted is fromgeTher•l lunrestrKledl furlds. Where èpplic#ble •nd whtre not prohibted under any term5 sperbfied by the donor, any restr+ctÈd lunds Ithere it 15 Lteemedthat the assocrdtedartivtty OTpuwJse has Ceased •re likewsetransfeiredto general fund5 at the discretion of iheTrv51ees. 281 Pa8e

HOMELESS ACTION IFofmerty known a5 The Ashley Foundation) 14otes to the Fln3ncial Statements For the year ended 30 Mav 2023 27. Net assets bylurAI. Group.Cu¢reiiiyeaf Rtstricied Furx15 Unrestrieted Fur¥ls Tot•1 Funds 2023 Tangib￿ fixed asset5 Cash at bank and in hand Other currenr 355ets Illia￿l￿s) Creditor5 of rnwe th•n yEar 7.71> 2.440.427 756.269 130,375 1296.4771 2,448,142 756.269 130,357 1296.4771 Net asxts 7.715 3.03.0576 3.038.29J Net assets byfund- Group- Prfor year RestrittÈd Furrf15 UnrestrFtted Fund5 Total Funds 2022 Tangible fixed assets Cash ai bank and in hand Othernet Current assets/ IliabiliLsI Creditor5 of ¢rore than one year 2.321.175 773.313 129.5231 1296.9231 2.321,175 773,313 117,9151 1296,9231 li.& .2.76B.042 2.779.650 Net a55ets bvfvnd. Chaflty. CuryeDiyear ReArtted Unrostsicted Funds Total Funds 2023 Tangible fixed a55ets Cash at bank and hand Other net Current assets I Ilièbllltiesl ediiw5 of than oneyear 7.715- 2.440.427 75495 130.375 1296,4771 2,448,142 7S4,895 130,375 1296.4771 Nrt a55•ts 7.715 3.030.576 3.038291 Plet 455ets byfuDd- Ch¥ity. Trior ye•r Resiricied Unrertrkted Total Fur#ls Funds Fyhds IRest•tedl 2022 IRtst•tedl TawiL4e fixEd assets Cash af bank and in hand Other net current assetsl Iliabllitsl credi10￿ of rnwe than ￿e¥ear 2.321.175 771.940 128.4421 12963231 2.321.175 771,940 116.8341 12%,9231 11.608 li.f 2,767.750 2.779.358 291Page

HOMELESS ACTION (Formedy known 35 The Ash￿ Foundatiortl Notes to the Financial StaterneTrts Sow the year endÈd 30 May 2023 2B. Retontiliiiion ol net ￿￿verneDt in fvnd5 to net ts5h Ilowtrom operating artivit Group 2023 Group 2022 1023 2022 Net rr￿rnent in lunds Add DepreciatK)n DedLft Interest Inco￿ shown ￿ iove51in8 258.641 52.502 1156.6791 37.149 258,641 52,502 1153,5331 37.149 19.7131 1168,1231 36.743 11.7791 15.443 186.5581 19.7131 1166,1231 36.743 11,7791 15,443 191,0601 De£rtaselllhcrta5el in debtor5 I￿r¢Il[ln(re?5e in ¢￿￿Or5 Net ¢ash ienerated Inlused b¥operatir¢ tt￿&10QS 170,050 1192.4241 170.050 1193.7801 29. Net dth r￿￿till•tiON- Group-Cu￿rt￿l.r 30 Mav 2021 Cash fiows 30 May 2023 Cash Loans f•llifi£ due one ¥ear Loans (alllnE due after￿ year 773.313 132,7091 1296.9231 117.0441 16,892 756.269 lJS,8171 1296,4771 Iltt debt 443.681 443,975 Net debt ferondliatk)n- Group- Prlor year JO Mav 2020 Cash lJos 30 Mav 20ZI Cash Loans falling due within oneyear Loaths falling due éfterone ￿ar 2.318.925 135.8631 1637.6381 11.545.612) 3.154 340.715 773.313 132.7091 1296,9231 N*td¢bt 1.645.424 11.201.743> 443,681

HOMELESS ACTION IFormefty kmwn as The Ash Foundationl Notts to the Finan¢ial Statements For the year ended 30 May 2023 29. Net debt ￿tartE11￿110￿ C•nlinued-Chvity 30 M•¥ 2022 Clsh fttsws 30 Mav 2023 Cash Lo#hs f•llint due w*hin oneyear Loans fallin¢ due after one 771.940 lJ7.0441 16.892 446 754.896 115.8171 1296,477> 1296.9231 Net debt 442.308 294 442.602 Net debt Fe(Onclllat￿n- (h•ffty- Prknr¥ear 30 May 2020 Cash Ibws 30 Mav 2012 Cash Ltsans fèlllng within one ￿r ioansfallingdue alterone year 2J18.908 135.8631 1637.6381 11.546,96BI 3,154 340,715 771.940 132,709 1296,9231 debt 1,645A( 11.203.(V391 442.308