Charity Registration Number: 1064818
Company Registration Number: 031881621England and Wales)
THE CATHEDRAL ARCHER PROJEcr
LIMITED
REPORTS AND FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023

THE CATHEDRAL ARCHER PROJEcf LIMITED
CONTENTS
Page
Legal and administrative information
Trustees, annual report
Independent auditorfs report
13
Consolidated statement of financial activities
17
Balance sheets
18
Statement of cash flows
19
Notes to the financial statements
20

THE CATHEDRAL ARCHER PROJEcf LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Directors / Trustees
lan Brownlee
Stephen Kober
Howard Neil Riley
Surriya Falconer
Karl Dalgleish
Richard Taylor
Daniel Brookman
Frances Joel
Kevin Rhone
John Roberts
Charlotte Shepherd
Lawrence Swycher
Anne Kerslake
Resigned 25 May 2023
Resigned 30 November 2023
Resigned 28 March 2024
Appointed 16 October 2023
Appointed 30 May 2024
Chief Executive Officer
Tim Renshaw
Registered Office
Cathedral of St Peter & St Paul
Church Street
Sheffield
SI IHA
Auditors
BHP LLP
One Waterside Place
Basin Square
Brimington Road
Chesterfield
S417FH
Bankers
Nat West Bank PIC
Co-operative Bank PIC
60-62 Pinstone Street
Sheffield
Barclays Bank PIC
10-12 Pinstone Street
Sheffield
42 High Street
Sheffield
SI IQG
SI 2HN
SI 2HN
Page I

THE CATHEDRAL ARCHER PROJEcf LIMITED
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees and Directors present their report and the audited financial statements of the charity for the
year ended 31 December 2023. The Trustees have adopted the provisions of the Statement of Recommended
Practice ISORPI "Accounting and Reporting by Charities" (FRS 102} in preparing the annual report and financial
statements of the charity.
The financial statements have been prepared in accordance with the accounting policies set out in notes to
the accounts and comply with the charitvs governing document. the Charities Act 2011 and Accounting and
Reporting by Charities- Statement of Recommended Prartice applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in
October 2019.
Since the charity qualifies as small under section 383, the strategic report required of medium and large
companies under The Companies Act 2006 (Strategic Report and Directorfs Report) Regulations 2013 is not
required.
The Cathedral Archer Project Limited is governed by its Articles of Association and is incorporated as a
company limited by guarantee. The term Yhe Archer Project" is the working name of The Cathedral Archer
Project Limited.
The Trustees, report serves the purposes of both a Trustees, report and a directors, report under company
law.
The Trustees delegate the responsibility of day to day running of the project to the Chief Executive Officer.
The Chief Executive Officer works with a senior leadership team to coordinate the delivery of operations.
administration, fundraising, financial management. The CEO works with the Managing Director of Archer
Project Enterprises Ltd to manage the day-to-day responsibilities of its wholly owned subsidiary.
Introduction
The Archer Project is a team, a space and a hub designed to provide services for people who are homeless,
have been homeless or are threatened with homelessness. We provide a number of services designed to help
people move away from homelessness. We believe the end of homelessness should have new opportunities
for a satisfying life, whatever that may mean to the individuals who are building a new life. We hope that
includes good health and wellbeing. a home that is enjoyed and the chance to take part in the wider society
whether that is through employment. belonging to groups and/or giving time as a volunteer. These are the
things we look at to measure how successful we are at supporting people.
We are not a stand-alone service. By that we mean that we are much more effective in achieving our aims by
working with other similarly skilled seNices. Our centre is better described as a hub which is open to other
organisation5 to come and use. In 2023 we worked alongside health professionals, mental health
professionals, housing providers, probation officers, drug and alcohol treatment services, outreach services
and teams who, like us, work to bring all those specialisms together to help one person at a time to change
their life.
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THE CATHEDRAL ARCHER PROJEcf LIMITED
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Working with other professional services helps to improve our work. For example, working with the mental
health team IHASTI to provide tailored mental health support for people who are rough sleeping. This
cooperation and collaboration brings a variety of specialist services into the project working alongside our
team.
As with most homeless agencies, we follow a Trauma Informed methodology. In brief this means we assume
that most people who become street homeless are survivors of childhood trauma or Post Traumatic Stress
Disorder IPTSDI and that their experience of trauma has had a profound impact on their lives.
Being Trauma Informed means that we have designed the way we work and the spaces we use to avoid, as
much as possible, adding to the trauma people have already experienced. The really important thing about
working in a Trauma Informed way is that it increases the chances of supporting people who are homeless to
change their life patterns and realise their strengths and skills to lead a much richer and fuller life than most
dared to dream about.
In 2023 we maintained a shop in Orchard Square to sell goods produced in our Printed By Us social enterprise.
Our Peer Mentoring Programme continued for the first part of the year. It then stalled and we reviewed its
development. It restarted early in 2024. Both of the initial peer mentors we employed moved on to paid
employment. The peer mentor programme strengthens the work we do to help people moving away from
homelessness.
The plans for the rebuild of the project were further developed. but 2023 was a year of slow progress as we
navigated the difficulties of recruiting a Capital Fundraiser, failing to appoint the first time and losing a key
member of our fund-raising team towards the end of 2023. Better progress has been made in early 2024.
Current work is being carried out to advance planning to RIBA Stage 4 and enact the fund-raising plan.
Structure and Governance of the Archer Pro"ect
All parts of the Archer Project are important; those people who are or have been homeless and who benefit
from our service are also the people who help us run it and design improvements to the way we work. Our
staff team is made up of volunteers and employees, all of whom undertake training and many of whom give
feedback in one way or another to help us deliver a better service. Our Trustees are appointed because we
believe they have particular skills. gifts and values that will bear fruit and improve the way we run the charity.
Equally important are those who support us with gifts, donations and encouragement, without whom there
would be no service to offer.
The Trustees update a skills audit and discuss skills gaps. Appointments are made following al advertlsements
for potential trustees with skills that have been identified as needed bl on occasions when individuals with
highly prized skills have made their desire to be considered as a trustee known to the Board of Trustees.
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THE CATHEDRAL ARCHER PROJEcf LIMITED
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Potenti31 trustees receive our Trustee and Director Handbook, updated annually, which details the
responsibilities and commitments of trustees and directors. training packages, an organigram with contacts
for participation in the project's activities. This allows vislts and shadowing of the staff team. On appointment
Trustees complete an induction process with the Administration Manager. The Chair of Trustees meets with
all Trustees to identify training needs and how their skills are being and might be used to fulfil the role of
trusteeship, and personal satlsfaction in fulfilling their role.
Trustees and Directors
Our Trustees have the task of ensuringthe charityoperates within the bounds of the lawto deliver its purpose
which is set out in it5 Articles of Association. The Archer Project's governance structure is in line with the
requirements of both the Charity Commission and Companies House. All of the Trustees are members of the
company and guarantee to contribute £20 in the event of a winding up.
The Trustees meet as a full board six times per year. They delegate aspects of their overall responsibilities and
interests to sub-committees and working groups. In 2023 these were:
Finance Committee
Human Resources and Operational Policy Committee
Fundraising Committee
Re-building Committee
Accommodation Task and Finish Group (ln abeyance)
The Chair of Trustees chairs a remuneration committee to review and set the salary of the Chief Executive
Officer. The salary is benchmarked against similar sized and structured organisations. The Chair of Trustees
meets monthly with the Chief Executive Officer to review the performance of the charity and any identified
risks.
Risks are identified by the use of a risk register which is reviewed by both the Finance and Human Resources
and Operational Policy Committees. Any risks of concern are taken to meetings of the full Board of Trustees.
Trustees are asked to contribute to at least one of these committees or groups alongside regular attendance
at f ull board meetings. In addition, most find ways in which they can take part in the work of the project,
volunteering in our kitchen or supporting the development of skills in aspects of the project or working behind
the scenes to improve administrative or financial processes. We undertake skills gap analysis against perceived
skills needs when appointing Trustees. The skills Trustees bring to their role include marketing and public
relations, sales, economic research and evaluation, finance management, human resources management,
legal, management within private enterprise. public sector and voluntary sector. knowledge of Sheffield's
business and public sector systems.
Additionally. the Trustees use Archer Project Enterprises Ltd. first established in 2012 before a period of
dormancy, to provide governance of its social enterprise activity. The Archer Project Enterprises Ltd {APEI
board of directors meets six times peryearto considerthe outcome of helping people move into employment
and the structural and financial management of its social enterprises. The Chair of the A.P.E. board and the
Managing Director of APE attend two meetings of the Archer Project Board each year to discuss its
performance and development.
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THE CATHEDRAL ARCHER PROJEcf LIMITED
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
In 2023 the Trustees focused on
strengthening the APE Board,
the wellbeing of its staff by
starting a review of remuneration (salary levels and pension contributions) among other
measures to provide support to employees
considering the volunteer system
the structure of its Engagement stream
the increasing demand for basic services as homelessness figures rose in Sheffield
upgrading IT to improve work streams and deliver efficiencies.
Wh
we are here
The charity's objects are the relief of poverty within ShefField City Centre and the sub-region, with particular
focus on and concern for those people who are homeless or otherwise experiencing housing difficulties due
to their poverty. We believe everybody has a right to a fulfilling and enjoyable life and that there are some
important things we do to help people achieve this.
Public benefit
In setting the objectives and planning the activities the directors have given careful consideration to the
Charity Commission's general guidance on public benefit. Public benefit Is an essential part of what it is to be
a charity. But it is more than a legal requirement. It provides us with a positive opportunity to demonstrate
the benefits we bring to the public. in return for the financial and other benefits that come from us being
charity. These include-
Havinga positive effect on individuals as theytake small stepstowards a huge change and are supported
to move away from street activity and instead experience a life they find more satisfying.
Making a positive contribution to 'place' and the city centre environment. In 2023 homeless data
showed that homelessness and rough sleeping were increasing. This is bound to have a detrimental
impact on the city centre and other parts of the city. The Archer Project works with other organisations
in Sheffield to address the issues in the city centre related to rough sleeping. To this end it is proactive
about the space even when rising numbers gives the appearance that little is being done to support city
centre residents, employees and other communities. including people who are homeless. Part of this,
we believe, is addressing the challenges faced by rough sleepers in the city centre. For example, by
providing a centre which meets the immediate needs of people involved in street activity (food,
medical, communications and hygiene) it enables agencies and individuals to work progressively to
move away from street activity.
Working in a multiagency and strategic way to promote services for homeless people. The Archer
Project participates in different forums to help the cross-agency relations that influence and form
strategy and service delivery. It Participates in forums addressing rough sleeping, access to health
services, recoverycapital: and it serves on committees within the Changing Futures Programme, SYMCA
homeless working group. and Homewards Sheffield.
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THE CATHEDRAL ARCHER PROJEcf LIMITED
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
We believe it is our responsibility to learn about homelessness from the latest investigation and
research in order to deliver best practice within our service. For example, we introduced Trauma
Informed approaches and have continued to research how it pertains to the homelessness sector.
The wa
we work
We provide a progressive pathway from street homelessness to a settled and stable life with paid
employment. There is no end to the 5UPPOrt we offerso that if someone who has made fantastic progres5 and
is in a settled. productive life experiences a relapse. we remain available to them to support them. For
example, if a person returns to drug use and it builds to an addiction, we will support them as they tackle the
addiction, with the intention thatwe can preventthem10sing 311 the good thingsthey have gained, their home,
their sense of pride and achievement. their hope of a stable life.
The pathway is three overlapping streams of support.
. EngagÈment
•Supporting people who are part of
street culture to build routines and
transition
•Fu￿11[nÉnt
•Building a settled life with the
rewards of paid employment and
volunteering. Accommodation is 8
'hotne', health Issues are addressed
and nobody 35sociates YOU with
homelessness.
•Stabilisation
•Supporting people ro strengthen
routines and enjoy positive artivities.
We expetttQ See irnprovetnents in
health and accommodation and
interest in new ihings.
transition
transition
Throughout the whole journey we are looking for signs that people's lives are improving in a balanced way
because this is most likely to be sustainable progress. So. we measure improvements in accommodation.
changes in the way people think about their health and wellbeing and the way people think about their lives
as a member of society. When a person's life is dominated by trying to survive on the street, basic
accommodation is an improvement but as they progress the type of accommodation becomes more
important, including where that accommodation is. who their neighbours are and how comfortably and
homely the accommodation feels. These changes evidence the progress made. We can follow similarjourneys
in the way people look at their health and the way they think about their life as a member of society.
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THE CATHEDRAL ARCHER PROJECT LIMITED
TRUSTEES. ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Our three overlapping streams are:
Engagement.. we workwith people whose lives are marked bythe need to survive dayto day. The quote below
illustrates the lack of self-worth and hopelessness some of the people we work with can initially feel.
Engagement is about giving people space to get to know and trust us and the other services who use our
centre. Listening, accepting, and trying to understand are the tools we use. This is the heart of Trauma
Informed ways of working, building the relationship that allows someone to think that a different life could
be possible.
Stabilisation: When people have some basic routines and life patterns, we can build on them. This may be as
simple as someone showing a desire to meet with a particular professional by frequently attending their
appointments, participating in attivities andlor volunteering. all of which provide mental stimulation and a
sense of purpose. Through further developing a trusting relationship, we can work collaboratively to establish
actions plans to overcome an individual's worries. build on the good things in life and aim to fulfil aspirations.
We pride ourselves on employing people with lived experience who can directly relate to the myriad of issues,
barriers and struggles an individual faces during their recovery and journey as they are role models of how
changes in live are possible and worthwhile.
'I always thought, tomorrow'5 another day. That light in that darkness was
fundamentally, one hundred percent, only present as a result of The Archer
Project. Knowing that I would be able to not have to spend money on food,
clothes, washing...it's a rock. In betW￿n all the torture and the tornados that
you go through being homeless, iys an anchor., A formerly homeless man who
has become a kitchen volunteer to add meaning and purpose as he builds a
new life.
Fulfilment.. Our aim is to give people the opportunity to feel a sense of fulfilment and success. At the Archer
Project this includes the opportunity of paid employment. Alongside healthy living activities and good
accommodation, employment has the power to build esteem and new aspirations.
"What would I give the Archer Project out of ten? Me, personally, I'd give it ten out
of ten because it changed my life. I wouldn t be in the position I am now without
it.
Multi-agency approach
We mentioned the importance of the multi-agenvi approach and described the Archer Project as a hub.
Alongside its team of volunteers and employees, professionals from other organisations of various disciplines
use the project to meet and work with people. This reflects Sheffield's wider multi-agency approach working
with homeless populations. It is a recognition of the complexity of homelessness. and that its victims
frequently suffer from mental health issues, childhood trauma, PTSD, acquired brain injuries and, as a result,
need support to tackle multiple barriers if they are to build a sustainable settled life.
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THE CATHEDRAL ARCHER PROJEcf LIMITED
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
During 2023 we worked with or consulted with more than 35 agencies, programmes or public bodies to do
our work supporting people who are homeless.
The organisations who use the Archer Project include medical services, mental health services,
accommodation support workers, probation staff and alcohol and drug treatment services.
The Archer Project and most other services who use the project work in a Trauma Informed way. The
recognition that childhood trauma and PTSD are among the biggest causes of homeless lifestyles has led to a
focus on training and development that understands how trauma affects a person's physical and mental
development and the ways in which trauma can be addressed.
Archer Projert Enterprises Ltd IAPE)
Archer Project Enterprises Ltd is a wholly owned trading subsidiary of the Cathedral Archer Project Limited.
We use APE as a vehicle through which we create social enterprises. The principal aim of our Social Enterprise
activity is to provide sustainable sUPPOrted employment and professional development opportunities to both
people with a history of homelessness and those who have overcome similar adversities.
We are a 'Real Living Wage. accredited employer.
Our enterprises are..
Printed By Us (www.
We create and sell premium quality screen printed products including artwork and a range of organic clothing.
Sustainable values are embedded through our supply chain. We commission designs from creatives which are
then printed by us.
rintedb
us.or
We sell our products through our online shop and our retail unit in Sheffield. We also offer 3 Custom printing
service and facilitate screen printing workshops out of our city centre base. Supported employment
opportunities are offered in printin& sellin& processing orders. marketin& and maintenance.
Printed By Us was transferred from the Cathedral Archer Project Limited to Archer Project Enterprises Ltd in
2021.
Just Clean
We deliver commercial cleaning services at various clients in Sheffield exclusively through supported
employment.
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THE CATHEDRAL ARCHER PROJECT LIMITED
TRUSTEES. ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Future Plans
In 2024 the Archer Project's priorities will be:
The rebuild project will achieve Stage 4 RIBA and work with trust funds will be progressed.
Appoint a dedicated fundraiser to the capital project.
Our fundraising plan will deliver increased levels of unrestricted reserves to achieve greater
sustainability.
We will explore digital technology to further improve efFiciencies and expand our se￿iCe offer.
We will complete the remuneration review and implement changes to set minimum salaries and
increase future incomes with higher pension contributions.
We will take further measures to improve the culture of staff well-being and safe operations.
The Peer Mentor Programme will be further developed.
We will further develop our volunteer processes to improve the satisfaction that volunteering gives
to those who take part.
The Board of Trustees will produce an ambitious 3-year co-designed vision and strategy.
Archer Project Enterprises will be supported to grow it5 sales income to achieve greater
sustainability and deliver more employment opportunities for people leaving homelessness.
StrateEiC relationships will be nurtured, and our work will be widely recognised for its compassion
and expertise.
io.
ii.
Financial Review
In 2023 the Archer Project increased its year end unrestricted reserves to £427,192 compared to £212,852
120221. This was achieved through increased unrestricted donation. legacy and grant income. The charity
didn't meet its planned restricted grant income and. as a result. revised its planned expenditure in mitigation.
There are a number of reasons for the increased unrestricted income but of particular note was the social
media and marketing activity highlighting the work of the Archer Project. High profile events including our
exhibition, "Wish You Were Here" supported by The Black Eye Project and the book launch of "14 Nights"
are important in our fundraising work. (See htt
www.bbc.co.uk
news
uk-en
land-south-
orkshire-
66754460. htt
www.archer
ro ect.or
14-ni
hts-book-
reorder). In addition closing
unrestricted reserves include designated funds of £42,695 being unspent insurance claim proceeds lout of a
total of £77,695 received in the yearl which will be spent on the capital project to refurbish the building. The
insurance claim arose following the arson attack in May 2020.
news
Risk factors
l. The economic crisis12022 and ongoing) remains a threat.
More people with low incomes are struggling with household costs and relying on charitable
support. The Archer Project is experiencing an increase in demand for its services.
b. 80% of households are reported to face greater increases in costs than increases in income.
This is likely to affect people's ability to give and may stall the growth in donations we need
to maintain the level of seNice delivery we have developed.
A reduction in inflation is predicted and there is more hope of fiscal control, however, world
events impacting inflation remain significant.
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THE CATHEDRAL ARCHER PROJECT LIMITED
TRUSTEES. ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
2. High levels of homelessness. both people in temporary accommodation and rough sleeping, have
increased both the visibility of homelessness and the number of people attending the project. Both
present ri5k5.
The visibility of homelessness is frequently related to anti-social behaviour IASB) in the city
centre. The rise in incidents of ASB is real and is being addressed by city centre officers and
South Yorkshire Police. It has led to more demand for a PSPO {Public Space Protection Orderl
in the city centre. It represents negative publicity about people who are homeless and the
services who work with them instead of a recognition of the failure of social policy to reduce
the numbers of people becoming homeless. The Archer ProjectTeam and other professionals
report a sense of increased aggression and frustrations within the rough sleeping
communities.
b. Daily attendance, breakfasts and figures have increased. The increase puts pressure on
finances and staff wellbeing. The latter is particularly at risk with the sense of heightened
frustration and aggression.
3. Following the ar50n attack in May 2020. the Archer Project has invested in redesigning its centre to deliver
better outcomes for people who have experienced homelessness. This is a whole programme of work.
including a major fundraising effort, over and above the work of the Archer Project. The Trustees have
delegated the work to a working group of Trustees and the CEO to ensure the scheme is realistic, well-
planned, accurately costed. and will not impede the fund-raising work to deliver the projects services. The
project has a dedicated fundraiser from June 2023.
The proposed plans will improve the way the centre can deliver outcomes by using space differently in
line with trauma informed ways of working. It is estimated that the Archer Project will need to raise
between £1.5 and £2 million to deliver the scheme. The working group has undertaken a cost benefit
analysis which shows that for every one pound it spends on services for homeless adults there is a public
sector cost saving impact of £3.20. In other words. a rebuilt, reconfigured project will provide an effective
service in helping Sheffield tackle homelessness- it will add very valuable skills and resources to those
services delivered by the local authority and health service5.
4. Archer Project Enterprises Ltd has been established to deliver income generating work in line with the
objectives of the Archer Project. It provides employment for people who are formerly homeless or have
suffered related vulnerable lifestyles. e.g.. have suffered debilitating mental health or addiction with the
threat of becoming homeless. Indeed. its primary objective is to SUPPOrt personal progress into
employment and the added stability this brings to a settled life. The sustainability of APE Ltd currently
depends on support from the Archer Project. This. in turn, places demands on the ability of the Archer
Project to raise sufficient income on a sustainable basis. To mitigate this. the governance of APE by a
separate board focuses on financial management as well as achieving outcomes. The funding team works
to identify grants related to employment and social enterprises to provide specific support for the
programme.
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THE CATHEDRAL ARCHER PROJECT LIMITED
TRUSTEES. ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Financial Position
During 2023 the Archer Project group reported a surplus of £216.05012022: deficit £68.019). Within this.
restricted funds increased by £1,710 12022- increase of £28,795) and unrestricted reserves increased by
£214,34012022.. decrease of £96,814). Total reserves at the end of 2023 are £536,67512022: £320,625) with
unrestricted reserves of £427.19212022: £212.852) carried forward. In common with many other voluntary
sector organisations the Archer Project recognises the inherent uncertainty of its funding streams. Our funding
team regularly reviews its performance. Flexibility in fund raising work has been particularly important in the
past two years to respond to a changing economy and its impact on grant making trusts, donations and
government SUPPOrt schemes.
Poli
on reserves
The Board has established a policy whereby the unrestricted funds not committed or designated or
invested in fixed assets held by the charity (free reSe￿e$} should be at a level sufficient to continue the
current activities of the charity in the event of a short-term significant fall in funding. The Board believes
that a range of three to six months, total costs in the budget for the following financial year, currently
amounting to £260.000 to £520,000, should be held. At £350,711 the level of free reserves at 31 December
2023 is within thi5 target range. The Trustees are aware that funding continues to be unpredictable. Both
the Board and the Management continue to develop Strategies to increase unrestricted reserves and aim
to retain these at an acceptable level. This reserves policy will be reviewed at least annually.
Goin
concern
As outlined above, free reserves at the end of the year are above target level. Trustees have undertaken
detailed reviews of the areas listed below, and having done so consider that it is correct to prepare accounts
on a going concern basis.
The level of secured grant funding to December 2025-
Patterns of donations and the planned fundraising events to attract support for the project in 2025,.
A plan of expenditure to keep costs within budget limits through to December 2025,-
Detailed forecasts of income and expenditure through to December 2025: and
Cash flow forecasts to December 2025
Taking all these matters into account we consider that it is appropriate to hold reserves within the target level
and it is appropriate to prepare accounts on a going concern basis.
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THE CATHEDRAL ARCHER PROJECT UMITED
TRUSTEES. ANNUAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustees, responsibilities statement
The Trustees Iwho are also directors of The Cathedral Archer Project Limited for the purposes of company
lawl are responsible for preparing the Trustees. Annual Report and the financial statements in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice}.
Company law requires the Trustees to prepare financial Statements for each financial year, which give a true
and fair view of the state of affairs of the charitable company and of the incoming resources and application
of resources, including the income and expenditure, of the charitable company for that period. In preparing
these financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charities SORP 2019 IFRS 1021;
make judgements and estimates that are reasonable and prudent:
state whether applicable UK Accounting Standards have been followed. subject to any material
departures disclosed and explained in the financial statements-
prepare the financial statements on the going concern basis unless It is inappropriate to presume that
the charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy
at any time the financial position of the charitable company and enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the
charitable company and hence fortaking reasonable stepsforthe prevention and detection of fraud and other
irregularities.
This report was approved by the Trustees on 24.07.2024 and signed on their behalf by..
Surriya Falconer
Trustee
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THE CATHEDRAL ARCHER PROJECT LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE CATHEDRAL ARCHER PROJEcf LIMITED
Opinion
We have audited the f inancial statements of The Cathedral Archer Project Limited (the 'parent charitable
companVI and its subsidiaries (the 'group') for the year ended 31 December 2023 which comprise the group
statement of financial activities, the group and the parent charitable company balance sheet, the group cash
flow statement and notes to the financial statements, including significant accounting policies. The f inancial
reporting f ramework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard
applicable in the UK and Republic of Ireland Iunited Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements-
give a true and fair view of the state of the group's and parent charitable companws affairs as at 31
December 2023. and of the group's incoming resources and application of resources, including its
income and expenditure. for the year then ended,.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice: and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS {UKII and
applicable law. Our responsibilities under those standards are further described in the auditor
responsibilities for the audit of the financial statements section of our report. We are independent of the
group and parent charitable company in accordance with the ethical requirements that are relevant to our
audit of the f inancial statements 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 to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of
accounting in the preparation 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 collettively. may cast significant doubt on the group and parent charitable
company's ability to continue as a going concern for a period of at least twelve months from when the
financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in
the relevant sections of this report.
Other information
The other information comprises the information included in the Trustees, Annual Report, other than the
financial statements and our auditorfs report thereon. The tru5tee5 are responsible for the other
information. Our opinion on the financial statements does not cover the other information and we do not
express any form of assurance conclusion thereon.
Page 13

THE CATHEDRAL ARCHER PROJECT LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE CATHEDRAL ARCHER PROJEcf LIMITED
Our responsibility is to read the other information and, in doing 50. consider whether the other information
is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit
or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent
material misstatements. we are required to determine whether this gives rise to a material misstatement in
the financial statements 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 to report in this regard.
Opinions on other matters prescribed bythe Companies Art 2006
In our opinion, based on the work undertaken in the course of the audit:
the information 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 statements are prepared is
consistent with the financial statements- and
the directors, report included within the trustees, report have 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 group and parent charitable company and its
environment obtained in the course of the audit. we have not identified material misstatements in the
directors, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006
requires us to report to you if. in our opinion:
adequate accounting records have not been kept by the parent charitable company, or returns
adequate for our audit have not been received from branches not visited by us: or
the parent charitable company's financial statements are not in agreement with the accounting
records and returns,. or
certain disclosures of trustees. remuneration specified by law are not made- or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
A5 explained more fully in the trustees. responsibilities statement (set out on page 121 the trustees (who are
also the directors of the parent charitable company for the purposes of company lawl 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 to enable the preparation of financial
statements that are free from material misstatement. whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the group and parent
charitable companws ability to continue as a going concern, disc105ing, as applicable, matters related to
going concern and using the going concern basis of accounting unless the trustees either intend to liquidate
the group or parent charitable company orto cease operations, or have no realistic alternative but to do so.
Page 14

THE CATHEDRAL ARCHER PROJECT LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE CATHEDRAL ARCHER PROJEcf LIMITED
Auditor responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whetherthe financial statements as a whole are
free from material misstatement. whether due to fraud or error, and to 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 detect a material misstatement when it exists.
Misstatements 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.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularities, including fraud. The specific procedures for this engagement and the extent to which these are
capable of detecting irregularities, including fraud is detailed below-
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities,
including f raud and non-compliance with laws and regulations, was as follows:
the senior statutory auditor ensured that the engagement team collectively had the appropriate
competence. capabilities and skills to identify or recognise non-compliance with applicable laws
and regulations-
we identified the laws and regulations applicable to the group and parent entity through
discussions with those responsible for compliance. and from our knowledge and experience of
the sector-
we focused on specific laws and regulations which we considered may have a direct material
effect on the financial statements or the operations of the group and parent entity, including
Charities Act 2011, Companies Act 21XJ6, safeguarding legislation, health and safety requirements
including f ire safety and data protection laws:
we assessed the extent of compliance with the laws and regulations identified above through
making enquiries of management and reviewing legal expenses- and
we ensured identified laws and regulations were communicated within the audit team regularly
and the team remained alert to instances of non-compliance throughout the audit.
We assessed the susceptibilityof the group and parent entitys financial statements to material misstatement,
including obtaining an understanding of how fraud might occur, by-
making enquiries of management as to where they considered there was susceptibility to fraud,
their knowledge of actual. suspected and alleged fraud: and
considering the internal controls in place to mitigate risks of fraud and non-compliance with laws
and regulations.
To address the risk of fraud through management bias and override of controls. we
performed analytical procedures to identify any unusual or unexpected relationships-
tested journal entries to identify unusual transactions;
assessed whether judgements and assumptions made in determining the accounting estimates
were indicative of potential bias. and
investigated the rationale behind significant or unusual transactions.
Page 15

THE CATHEDRAL ARCHER PROJECT LIMITED
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE CATHEDRAL ARCHER PROJEcf LIMITED
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures
which included. but were not limited to=
agreeing financial statement disclosures to underlying supporting documentation-
reading the minutes of meetings of those charged with governance,. and
enquiring of management as to actual and potential litigation and claims.
Because of the inherent limitation5 of an audit. there is a risk that we will not detect all irregularities, including
those leading to a material misstatement in the financial statements or non-compliance with regulation. This
risk increases the more that compliance with a law or regulation is removed from the events and transactions
reflected in the financial statements, as we will be less likely to become aware of instances of non-
compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud
involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities is available on the Financial Reporting Council's website at-
https'.//www.frc.org.uk/Our-Work/Audit/Audit-and-assurance/Standards-and-guidance/Standardsand-
guidance-for-auditors/Auditors-responsibilities-for-audit/Description-of-auditors-responsibilitiesfor-
audit.aspx. This description forms part of our auditorfs report.
Use of our report
This report is made solely to the charitable compan¢s members. as a body, in accordance with Chapter 3 of
Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
charitable company's members those matters we are required to state to them in an auditorfs 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 charitable company and the charitable companTrls member5 as a body, for our audit
work. for this report. or for the opinions we have formed.
SHP LLF
S￿￿er ID.. CZYRUVFAHR..
Nicola Adams (Senior Statutory Auditor)
For and on behalf of BHP LLP, Statutory Auditor
One Waterside Place
Basin Square
Brimington Road
Chesterfield
5417FH
Date.. 1610812024 G
Page 16

THE CATHEDRAL ARCHER PROJEcf LIMITED
CONSOUDATED STATEMENT OF FINANCIAL ACTIVITIES
(Incorporating an Income and Expenditure Account)
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted Restrirted
Funds
Funds
Total
2023
Total
2022
Notes
Income from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Other income
753.774
11.376
100.564
3,334
77.695
197,865
951,639
11,376
100,564
3,334
77.695
721,640
3,494
148,893
187
9,240
Total income
946,743
197,865 1,144,608
883,454
Ex
enditure on:
Raising funds
Charitable activities
Other trading activities
191.337
340.386
211,577
191,337
525,644
211,577
138,618
554,283
258,572
185,258
li
Total expenditure
743.300
185,258
928,558
951,473
Net income/(expenditure) for the year
Transfers between funds
203,443
10.897
12,607
(10,897)
216.050
{68,019)
19
Net movement in funds
214.340
1.710
216,050
168,0191
Reconciliation of funds:
Funds brought forward at l January
212.852
107,773
320,625
388,644
Funds carried forward at 31 December
427.192
109.483
536.675
320,625
The statement of financial activities complies with the requirements of an income and expenditure account
under Companies Act 2006 and includes all gains and losses recognised in the year.
All income and expenditure derive from continuing attivities.
Page 17

THE CATHEDRAL ARCHER PROJEcf LIMITED
BALANCE SHEETS
AS A T31 DECEMBER 2023
GROUP
CHARITY
2023
2022
2023
2022
Notes
Fixed assets
Intangible assets
Tangible assets
Investments
14
15
16
2.717
31.069
4,706
27,595
1.600
23.495
2,400
18,648
33.786
32,301
25,096
21,049
Current assets
Stock
Debtors
Cash at bank and in hand
55.316
42,353
482.775
52,596
165,185
218,548
17
110,367
452.806
238,673
178,666
580,444
(77.555}
436,329
{148.0051
563,173
(51.594)
417,339
1117,7631
Creditors: amounts falling due within
one year
18
Net current assets
502.889
288,324
511.579
299,576
Total assets less current liabilities
536,675
320,625
536,675
320,625
Net assets
20
536.675
320,625
536,675
320,625
Funds
Unrestricted funds - designated
Unrestricted funds general
Unrestricted funds total
Restricted funds
Total funds
19
19
42.695
384,497
427,192
109,483
536,675
42,695
384,497
427,192
109,483
536,675
212,852
212,852
107,773
320,625
212,852
212,852
107,773
320,625
19
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect
to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the special provisions in Part 15 of the
Companies Act 2006 relating to small companies.
The financial statements on pages 17 to 37 were approved by the Board on
signed on its behalf by:
24.07.2024
and were
Surriya Falconer
Trustee
Company Registration Number: 03188162
Page 18

THE CATHEDRAL ARCHER PROJEcf UMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Net cash generated/(used) by operating activities See below
319.037
1135,5031
Cash flow from investing activities
Interest income
Purchase of tangible fixed assets
3,334
(12,160)
187
111,5501
Cash used in investing artivities
(8,826)
111,3631
Cash flow from financing artivities
Loan repayments
Loan interest payable
(43,224)
(2,760)
139,9181
15,2071
Cash used in financing artivities
(45,984)
145,1251
Increase/{decreasel in cash and cash equivalents in the year
264,227
1191,9911
Cash and cash equivalents at the beginning of the year
218,548
410,539
Cash and cash equivalents at the end of the year
482,775
218,548
Reconciliation of net movement in funds to net cash flow from operating artivities
2023
2022
Net incorne/(expenditure) for the year
Add back depreciation charge
Add back amortisation charge
Deduct interest income shown in investing activities
Add interest payable shown in financing activities
Increase in stock
Decreasellincreasel in debtors
IDecreasel/increase in creditors
216,050
8,686
1.989
(3,334)
2,760
(2,720)
122,832
(27.226)
168.0191
7.310
1,989
(1871
5,207
1,116
1116.5911
33,672
Net cash flow generated/{used) by operating activities
319.037
1135,5031
Analysis of changes in net debt
At l Jan 2023
Cashflows
Transfer
At 31 Dec 2023
Cash at bank and in hand
Debt due within l year
218,548
143,2241
264,227
43,224
482,775
175.324
307.451
482,775
Page 19

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
l Accounting policies
1.1 General infomiation and basis of preparation
The Cathedral Archer Project is a charitable company limited by guarantee in England and Wales. The
address of the registered office is given in the legal and administrative information on page l of these
financial statements. The nature of the charitys operations and principal activities are the relief of
poverty.
The financial statements have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued on in October
2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS
1021, the Charities Act 2011. the Companies Act 2(K)6 and UK Generally Accepted Practice.
The Cathedral Archer Project Limited meets the definition for a public benefit entity as defined by FRS
102. Assets and liabilities are initially recognised at historical cost or transaction value unless Otherwise
stated in the relevant accounting policy note. The financial statements are presented in £ sterling which
is the functional currency of the charity and rounded to the nearest £1.
1.2 Basis of consolidation
The consolidated accounts include the accounts of The Cathedral Archer Project Limited and its
subsidiary undertakings on a line by line ba515.
Under settion 399 of the Companies Act 2006 and SORP 2019 the company is not required to present
its own income and expenditure account.
The company has taken advantage of the exemption allowed under section 408 of the Companies Act
2006 and has not presented its own statement of financial activities. The company's net movement in
funds for the year was £216,050 {2022..1{£68.019)).
1.3 Going concern
The charitable group has made a surplus in the year of £216,050. Free reserves at 31 December 2023
are £350.711 and above the minimum target level of £260.000.
The trustees have prepared forecasts of income and expenditure for the period to 31 December 2025
and subjected them to sensitivity analysis. The forecasts show that the group has sufficient reserves
and cash to be able to continue.
The forecasts are dependent on being able to raise sufficient income from donations and grants to
support the costs of running the charitable group. The trustees recognise that in the current economic
climate there are some uncertainties in achieving this.
The trustees will continue to monitor performance against budget and put plans in place including the
identification and implementation of cost savings. to safeguard the finance5 of the charitable group if
necessary.
It is for these reasons that the trustees continue to adopt the going concern basis in preparing these
financial statements.
Page 20

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
1.4 Income recognition
Income from donations and grants is recognised in the period in which the charity is entitled to receipt,
it is probable and the amount can be measured with reasonable certainty. Income is deferred onlywhen
the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that
the income is to be expended in a future period.
Legacies are included when the charity is legally entitled to the income. probate has been granted, its
receipt is probable and the amount can be quantified with reasonable accuracy. Entitlement is the
earlier of the charity being notified of an impending distribution or the legacy being received.
Intangible income (for example, assistance in the form of donated services) is included in the Statement
of Financial Activities where another party is bearing the financial cost of the resources supplied and
the benefit is quantifiable and measurable. Intangible income is included in the period in which the
benefit of the resource is received.
1.5 Expenditure recognition
Resources expended are included on an accruals basis inclusive of irrecoverable VAT and have been
classified under headings that aggregate all costs related to that category. Where costs cannot be
directly attributed to particular headings they have been allocated to activities on a basis consistent
with use of the resources. Charitable costs are split between direct and support costs based on the use
of resource5. Governance costs comprise costs for the running of the charity itself as an organisation.
1.6 Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative
impairment losses. Amortisation is provided at rates calculated to write off the cost less estimated
residual value of each asset over its experted useful life. as follows:
Website
Printing rights
25% straight line
33% straight line
Assets are not amortised in the year of purchase.
1.7 Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to
write off the cost less estimated residual value of each asset over its expected useful life, as follows..
Computer equipment
Leasehold improvements
Fixtures & fitting5
Motor vehicles
25% straight line
20% straight line
20% straight line
20% straight line
Assets are not depreciated in the year of purchase.
Page 21

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
1.8 Leases
Operating lease rentals are charged to the income and expenditure account as incurred.
1.9 Employee benefits
When employees have rendered service to the charity short-term employee benefits to which the
employees are entitled are recognised at the amount expected to be paid in exchange for that service.
The charity operates a defined contribution pension plan for the benefit of its employees. Contributions
are expensed as they become payable.
1.10 Funds
Restricted funds are funds subject to specific conditions imposed by the donor.
Designated unrestricted funds are funds set aside by the Trustees, out of general unrestricted f unds,
for specific purposes.
General unrestricted funds are funds generated for general charitable purposes.
1.11 Debtors
Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at
the amount prepaid.
1.12 Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
1.13 Creditors
Creditors and provisions are recognised where the charity has a present obligation resulting from a
past event that will probably result in a transfer of funds to a third party- Creditors and provisions are
normally recognised at the settlement amount.
1.14 Financial in5trument5
The charity only has financial assets and financial liabilities of a kind that qualifie5 a5 basic financial
instruments. These are initially recognised at transaction value and subsequently measured at
settlement value.
1.15 Tax
The company is considered to pass the tests set out in Sch. 6, para. l of the Finance Act 2010 and
therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly,
the company is potentially exempt from taxation in respect of income or capital gains received within
categories covered by Pt. 11. Ch. 3 of the Corporation Tax Act 2010 or s. 256 of the Taxation of
Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable
purposes.
Page 22

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
1.16 Judgements and key sources of estlmation uncertainty
Critical accounting estimates and areas of judgement
Estimates and judgments are continually evaluated and are based on historical experience and other
factors, including expectations of future events that are believed to be reasonable under the
circumstances.
Critical accounting estimates and assumptions:
The charity makes estimates and assumptions concerning the future. The resulting accounting
estimates and assumptions will, by definition, seldom equal the related actual results. There are no
estimates and assumptions that have a significant risk of causing a material adjustment to the carrying
amounts of assets and liabilities within the next financial year.
2 Net incomel(expenditure) for the year
This is stated after charging:
2023
2022
Auditor's remuneration:
audit
other services
Independent examiner fee
Depreciation of tangible assets
Depreciation of intangible assets
Operating lease expenses
Cathedral Resources Centre rent
11,244
1.260
7,368
7,310
1.989
18,157
37.500
8,686
1.989
4,539
37,500
Page 23

THE CATHEDRAL ARCHER PROJEcf UMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Donations and legacies
2023
Unrestricted
2023
Restrirted
2023
Total
2022
Total
29, May 1961 Trust
AES Seal Ltd
Albert Gubay Foundation
Harry Bottom Trust
Liz & Terry Bramall Foundation
Church Urban Fund
Cutlers, Company Charitable Trust
DACT Help Us Help
Dunn Family Charitable Trust
Dan McAllister Foundation
Facey Family Foundation
Family Action Fund
Forrester Family Trust
Freshgate Foundation
Garfield Weston Foundation
Paul Grant Charitable Trust
J G Graves
GMB Asda South Branch
Greggs Foundation
Hedley Foundation
Homes by Honey Limited
John Lewis Community Investment Fund
Metro Finance
NHS Sheffield CCG
NHS SYIB
James Neill Trust Fund
O'connor
Positive Activities Fund
Rise Construrtion Framework
Sheffield Ceramic Festival
Sheffield Church Burgesses
Sheffield City Council
Sheffield Forgemasters
Sheffield General Benevolent
Sheffield pcr HCP
Sheffield Town Trust
Spencer Charitable Trust
Swann Morton Foundation
Swire Charitable Trust
Tudor Trust
Westfield Foundation
Donations via Aviva - kitchen operations
Donations via Crowdfunder- screen print operations
Legacies
Other collections and other donations
5,000
15,000
22,400
5,000
15,(100
22,400
10,000
38,700
1,000
7,298
3,750
4,747
2,000
24,483
24,483
1,500
12,669
12,669
2,000
520
25,000
520
25,000
50,000
2,000
35,000
35,000
5.000
3,000
3,000
1,000
zo.ooo
20.000
1.000
10.000
io.ooo
4,000
39,953
4,800
2,500
4,800
5,000
22.500
3,000
5,000
8,806
22,500
8,000
2,000
3,000
8,000
8,000
25,581
2,000
2,500
6,000
9,000
1,500
1,500
4,500
6,000
3,500
35,000
41,571
30.000
15.843
9.352
120,484
433.571
3,500
3,500
35,LllO
41,571
15.843
9.352
120.484
432.821
7,000
470,311
750
753.774
197.865
951.639
721,640
Page 24

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
4 Charitable activities- unrestrlcted
2023
2022
Just Works activities
Big Issue rental
Other
2.034
1,322
138
1,121
10.255
11.376
3,494
Other trading artivities - unrestricted
2023
2022
Cleaning services
Printing operations
Goods sold
Other
10.947
78,898
8.972
1.747
22.371
88,933
1,012
36.577
11)0.564
148,893
6 Investment income- unrestricted
2023
2022
Interest receivable
3,334
187
3,334
187
7 Other income- unrestricted
2023
2022
Insurance claim
77,695
9,240
77,695
9,240
During the year the charity received £77,695 in settlement of an insurance claim following an arson attack
on the premises in May 2020. This is to be used towards refurbishment costs and ha5 been transferred to
a designated Rebuild fund. £35,000 was spent in the year.
Page 25

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
8 Raising funds
Unrestrirted
Expenditure
Restricted
Expenditure
2023
Total
2022
Total
Staff costs
Office costs
96.862
75,115
96.862
75.115
70,061
48,275
Direct raising fund5
Support costs (note 10}
171.977
19,360
171.977
19,360
118.336
20,282
Total raising funds
191.337
191.337
138.618
Charitable activities
Unrestrirted
Expenditure
Restricted
Expenditure
2023
Total
2022
Total
Staff costs
Volunteer expenses
Accommodation costs
Office costs
Depreciation
Amortisation
Food provision
Client activities and welfare
Governance costs
62,159
118.376
2.704
18.250
12.508
180,535
11.047
71.819
22.868
6,813
800
28,331
17,687
30,862
216,628
13,187
73,332
25,258
6,892
800
19,607
8,640
27,687
53.569
10,360
6,813
800
6.164
22.167
11.253
30.862
Direct charitable activities
185.504
185.258
370.762
392,031
Support costs (note 10}
154.882
154.882
162,252
Total charitable activities
340.386
185,258
525.644
554,283
Page 26

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
10 Allocation of support costs
The charity allocates its support costs as shown in the table below. The support costs are allocated on
the basis of employee time.
Charitable
activities
Raising
funds
2023
Total
2022
Total
Staff costs
Office costs
Professional fees
Bank charges
111,946
41.740
764
432
13,993
5.217
96
54
125.939
46.957
860
486
118,188
49,351
13,236
1,759
Total sUPPOrt costs
154,882
19.360
174.242
182,534
Total support Costs 2022
162,252
20,282
182,534
11 Other trading artivities
Expenditure incurred through other trading activities is wholly unrestricted.
2023
Total
2022
Total
Cleaning services cost of sales
Printing operations costs
Staff costs
Office costs
Bank charges
2.402
34,036
144,611
29,448
1,080
2,089
53,110
170,217
30,768
2,388
211.577
258,572
12 Trustees
None of the Trustees {or any persons connected with them) received any remuneration. benefits or
expenses from the company during either year.
Page 27

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
13 Staff costs
Staff costs during the year were as follows:
2023
2022
Wages and salaries
Social security costs
Pension costs
508.419
29,751
11.593
524,763
31,281
11,450
549,763
567,494
The average number of employees during the year was as follows-
40
36
Pension contributions of £2,54612022: £2,300) were outstanding at the year end for December 2023
and included within current liabilities.
No employee earned over £60.000 during either year.
Aggregate remuneration costs for the senior management team including salary, employer's Nl and
employerfs pension cost were £180.05512022: £182.6231. The charity considers its senior management
team to be the Chief Executive Officer, Deputy Chief Executive, Centre Manager. Administration
Manager and Head of Social Enterprise.
Pension contributions for employees are allocated to those activities and funds that the employees,
salary is allocated to.
Page 28

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
14 Intangible fixed assets
Printing
Rights
Total
Charity
Website
Cost
At l January 2023
Additions
3,21JO
3.200
At 31 December 2023
3,2
3,200
Amortisation
At l January 2023
Charge for the year
800
800
800
800
At 31 December 2023
1,600
1.600
Net book value
At 31 December 2023
1,600
At 31 December 2022
2.400
2,400
Printing
Rights
Total
Group
Website
Cost
At l January 2023
Additions
5,020
2.500
7,520
At 31 December 2023
5.020
2.500
7.520
Amortisation
At l January 2023
Charge for the year
1,164
1,164
1.650
825
2.814
1,989
At 31 December 2023
2,328
2.475
4.803
Net book value
At 31 December 2023
2,692
25
2,717
At 31 December 2022
3.856
850
4,706
Page 29

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
15 Tangible fixed assets
Leasehold
Improvements
Motor
Vehicles
Computer
Equipment
Fixtures &
Fittings
Total
Charity
Cost
At l January 2023
Additions
11.563
59,877
3,668
67,554
7.992
138,994
11,660
At 31 December 2023
11.563
63,545
75,546
150,654
Depreciation
At l January 2023
Charge for the year
11.563
51,719
3,665
57.064
3,148
120,346
6,813
At 31 December 2023
11.563
55,384
60,212
127,159
Net book value
At 31 December 2023
8,161
15,334
23,495
At 31 December 2022
8.158
10,490
18,648
Leasehold
Improvements
Motor
Vehicles
Computer
Equipment
Fixtures &
Fittings
Total
Group
Cost
At l January 2023
Additions
11.563
64,400
3,668
69,644
8,492
149,407
12,160
At 31 December 2023
11.563
68,068
78,136
161,567
Depreciation
At l January 2023
Charge for the year
11.563
51,719
4,570
58,530
3,356
121,812
8,686
760
At 31 December 2023
11.563
760
56,289
61.886
130,498
Net book value
At 31 December 2023
11,779
16,250
31,069
At 31 December 2022
3.800
12.681
11,114
27,595
Page 30

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
16 Flxed asset investments
Group
Charity
2023
2022
2023
2022
Unlisted investments
Investment in subsidiary company
Archer Project Enterprises Limited (Company number: 074312941 is a 100% owned subsidiary.
Profitl(Loss)
Capital and
reserves
Archer Project Enterprises Limited
(42.320)
(88,238)
17 Debtor5
Group
Charity
2023
2022
2023
2022
Trade debtors
Amounts owed by subsidiary
undertaking
Other debtors
Prepayment and accrued income
29.903
815
6,671
78,265
734
30,553
110,367
109,172
3,7fA
31,649
42.353
9.307
125,975
165.185
122,830
238,673
Page 31

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
18 Creditors
Creditors: amounts falling due within one year
Group
Charity
2023
2022
2023
2022
Trade creditors
Other creditors
Other taxes and social security
Loan
31.136
33,531
12.888
53,533
36.349
14,899
43.224
148.005
25,501
18,404
7.689
48,022
19,766
6,751
43,224
117,763
77,555
51,594
An unsecured loan of £120.000 was received from HomelessLink in 2021. this was fully repaid in the
year. The loan was repayable by instalments as follows-
2023
2022
Less than one year
Later than one and not later than five years
43,224
43,224
19 Funds
Current year:
Unrestricted funds
Transfers
between
funds
Balance at
ljan 2023
Balance at
31 Dec 2023
Group
Income
Expenditure
General unrestricted funds
General funds Icharityl
Subsidiary - Archer Project
Enterprises Ltd
258.770
770,774
{405,1481
1151,6611
472,735
145.9181
91,106
{218,2891
84,863
188,2381
212.852
861.880
(623A37)
166.798)
384A97
Designated funds
Rebuild
135,OCMJI
77,695
42,695
(35.000)
77.695
42.695
Total unrestrirted funds
212,852
861,880
(658,4371
10,897
427,192
Page 32

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
19 Funds- continued
Current year- contlnued:
Restricted funds
Transfer
between
funds
Balance at
ljan 2023
Balance at
31 Dec 2023
Group and Charity
Income
Expenditure
Albert Gubay Foundation
Austin & Hope Pilkington Trust
Aviva Community Fund
Church Urban Fund
Community Fund Cost of Living grant
DACT Help Us Help
Family Action Fund
Forrester Family Trust
Harry Bottom Trust
Hedley Foundation
Homeless Link
4.054
John Lewis Community Investment Fund 32.707
Lankellychase Foundation
4.289
NHS SYICB
NHS Sheffield CCG
O'connor
Positive Activities Fund
Sheffield City Council
Sheffield PCT HCP
Swann Morton
Talbot Trust
Tudor Trust
Donations via Aviva
kitchen operations
Donations via Crowdfunding
screen print operations
Other
22,400
122,4001
i.Th)o
554
19.251
1,000
554
24,483
141,2021
121,6691
16,2011
15201
120,8251
11.2501
11.0001
14,0541
116,4241
12,5321
121,6691
5,079
5.640
5.640
520
25,000
5,000
1,000
25.(KJO
29,175
3,750
16551
15,628
4,289
17,040
3,164
9,388
8,806
9,408
22,$00
5,000
15,4601
11.8361
16121
5.000
8,806
9.408
1,500
3,500
11.5001
13,5001
780
90
780
22,392
41,571
119,2691
15,843
115,8431
9.352
750
17,1021
1511
12,2501
699
Total restrirted funds
107,773
197.865
{185.258)
110,897)
109.483
Total funds- Group
320,625
1.059,745
{843,695)
536,675
Page 33

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
19 Funds- continued
Prior year:
Unrestricted funds
Transfer
between
funds
Balance at
ljan 2022
Balance at
31 Dec 2022
Group
Income
Expenditure
General unrestricted funds
General funds Icharityl
Subsidiary - Archer Project
Enterprises Ltd
327,407
460,279
{528,9161
258,770
117.7411
230,395
{258,5721
145,9181
Total unrestricted funds
309.666
690,674
1787.4881
212,852
Re5trirted fvnds
Transfer
between
funds
Balance at
ljan 2022
Balance at
31 Dec 2022
Group and Charity
Income
Expenditure
Austin & Hope Pilkington Trust
Aviva Community Fund
Church Urban Fund
Co-op Local Community Fund
DACT Help Us Help
Forrester Family Trust
Freshgate Foundation
GMB Asda South Branch
J G Graves
Homeless Link
John Lewis Community Investment Fund
Lankellychase Foundation
Lloyds TSB Foundation
NHS Sheffield CCG
O'connor
Rise Construction Framework
Sheffield Chamber of Commerce
Sheffield City Council
Sheffield PCT HCP
Sheffield Town Trust
Swann Morton
Talbot Trust
Tudor Trust
1.000
554
14.202
1.283
5.644
1,000
554
19,251
38,700
133,6511
11,2831
17.3021
125,0001
12,0001
11,0001
13,0001
15,2071
17,246
7.298
50,000
2,000
1,000
3.000
5,640
25,000
9.261
4,054
32,707
4,289
39,953
4.289
13.333
113.3331
12,5001
13,0001
12,0001
14,9321
127,5091
16.0001
12.1601
13.5001
11.3401
112,0221
2,500
8,000
2,000
3,248
25,581
5,000
1.684
11.336
9,408
2.160
3,500
2.120
12.112
780
90
Total restrirted funds
78.978
192,780
1163,9851
107,773
Total funds- Group
388.644
883.454
1951.4731
320,625
Page 34

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
19 Funds- continued
The purposes of restricted funds are:
Albert Gubay Foundation- supporting engagement provision in 2023
Austin & Hope Pilkington Trust-funding for translation services
Aviva Community Fund-funding towards wellbeing of Just Works participants
Church Urban Fund- grant for 3-year project providing personalized stability support
Co-op Local Community Fund- funding towards wellbeing of Just Works participants
Community Fund Cost of Living Grant- Short term funding to support engagement delivery
DAcf Help Us Help- sUPPOrt for Help Us Help project
Family Action Fund- one-off support claims for individuals
Forrester Family Trust- grant towards management of social enterprise activities
Freshgate Foundation- grant towards food provision
GMB Asda South Branch-grant towards food provision
JG Graves- grant towards the welfare of people who use the project
Harry Bottom Trust- funding towards capital fundraiser post
Hedley Foundation- grant towards volunteer expenses
Homeless Link- funding for interest charged on Homeless Link loan
John Lewis Community Investment Fund- to support the peer mentor scheme
Lankellychase Foundation- a grant towards the Breakthrough Project.
Lloyds TSB Foundation - a grant towards project costs
NHS Sheffield CCG- to provide information on and the opportunity for people who are
homeless to receive covid vaccinations
NHS SYICB- funding towards refurbishment and running of medical room
IYConnor- to support the peer mentor scheme
Positive Artivities Fund- grant to improve outcomes for people in recovery through meaningful
activities
Rise Construction Framework- grant towards food provision
Sheffield Chamber of Commerce-funding for Kickstart employment scheme
Sheffield City Council- Covid support towards continued delivery during the pandemic
Sheffield pcr HCP- a grant towards the cost of a project worker and activity incentives.
Sheffield Town Trust- funding for CAP and partners to support individuals during Covid
Swann Morton Foundation- a grant towards the operation of medical facilities
Talbot Trust- grant towards counselling for Just Works participants
Tudor Trust- 2023: 3-year funding for Team Leader for the Stability team, and an award to
support staff. volunteer and trustee wellbeing- 2022= funding towards women's support, and a
further grant given to provide or improve welfare provision for the Archer Project staff team
Donations via Aviva- funds raised through the Aviva platform specifically for the kitchen
operations.
Donations via Crowdfunder-funds raised via Crowdfunder to support screen print workshop
operations
Page 35

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
19 Funds- continued
Designated funds
A Rebuild designated fund was created during the year. comprising insurance proceeds received for
damage to the Project premises following an arson attack in 2020. These monies are to be used
towards the refurbishment of the premises.
Transfers between funds
Designatedfunds transfer
This represents general unrestricted funds allocated to designated funds in the year
Fixed assets tr(7nsfer
A transfer was made from restricted to unrestricted funds for the net book value of restricted tangible
fixed assets where the conditions of the funding have been fulfilled, and the assets are used for the
general objectives of the charity.
Intercompany transfer
This represents funds transferred to APE to fund its activities which are in accordance with the charity
objectives.
20 Analysis of assets between funds
Unrestricted
funds
Restrirted
funds
Total
Current year
Intangible fixed assets
Tangible fixed assets
Current assets
Creditors.. Amounts falling due within one year
2.717
31,069
470.961
(77.555)
2,717
31,069
580,444
(77.555)
lo9,￿83
427,192
109,483
536,675
Unrestricted
funds
Restrirted
funds
Total
Prior year
Intangible fixed assets
Tangible fixed assets
Current assets
Creditor5'. amounts falling due within one year
4,706
27,595
328,556
{148,005)
4,706
27,595
436,329
1148,005)
107,773
212,852
107,773
320,625
Page 36

THE CATHEDRAL ARCHER PROJEcf LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
21 Commitments under operating leases
At 31 December 2023 the company had future minimum lease payments under non-cancellable
operating leases as follows:
2023
2022
Land and buildings
Less than one year
Later than one and not later than five years
Greater than five years
37,833
158,000
464,125
659,958
The Cathedral Archer Project is housed in the Cathedral Resources Centre which is rented from
Sheffield Cathedral. A new lease was signed in October 2023 for 17 years. The annual rent paid was
£37,50012022: £37,500).
22 Related party transartions
During the year, trustees and key management personnel made donations totalling £39,55312022:
£5,694).
During the yearThe Cathedral Archer Project Limited made grants totalling £84,86312022: £66,2501
to its subsidiary Archer Project Enterprises Limited to support the work in line with the charitable
objectives of the charity.
In the prior year The Cathedral Archer Project Limited made charges to its subsidiary Archer Project
Enterprises Limited of £8,000 for rent and other costs. There were no charges in 2023.
In the prior year, Archer Project Enterprises Limited charged The Cathedral Archer Project Limited
£15,427 for services. There were no charges in 2023.
In 2022, £75,000 was paid from Archer Project Enterprises Limited to the Cathedral Archer Project
Limited during the year for repayment of loan balance5. There were no repayments in 2023.
The loan balance to the subsidiary Archer Project Enterprises Limited at 31 December 2023 was
£166,503 owing to the Cathedral Archer Project Limited {2022: £155,090).
At the year end a provision has been made for £88,238 in the Cathedral Archer Project Limited
company accounts relating to the net liabilities of Archer Project Enterprises {2022: £45,918).
Page 37