Registered number: 03590328 Charity numb6r: 1070430 HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ishop Fleming
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) CONTENTS Page Réfèrence and Adminlstratlve Details of the Charlty, its Trustees and Advisers Trustees. Report Independent ExamIne$ Report 10 Statement of Flnancial Activitles 11 Balance Sheet 12 statement of Cash Flows 13 Notes to the Financlal Statements 14-29
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024 Trustees Mr E J M Dawes (appointed 10 November 2023) Mrs E FIu8llen Mrs W A Hannon Mrs S J Hobbs Miss C Little Mrs P P Murphy Mr A Pascoe (appointed 2 February 2024) Mr M R Thomas Mr S D Young Mr S J Pearce (resigned 8 February 2024} Judge W E M Taylor. Chair (resigned 10 November 2023) Company reglster•d number 03590328 Charity reglstered numbèr 1070430 Reglstered office Mount Wise Devonport Plymouth Devon PL14QJ Chlef executive offl¢er Mr M Bignell Bankers The Co-operative Bank PIC PO Box 250 Skelmersdale Lancashire WN8 6WT Page 1
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their report and the examined financial stalements for the year ended 31 March 2024 The accounts have been drawn up in compliance with the Statement of Recommended Praclice - Accounting and Reporting by Charities (as revised in March 2005) ('SORP'), the Charities Act 2011, Ihe Companies Act (2006), and in accordance with the company's Memorandum and Articles of Association. STRUCTURE, GOVERNANCEAND MANAGEMENT The company was incorporated on 30 June 1998 snd attained registered charty Status on 7 July 1998. The company is limited by guarantee and does not have a share capital. Trust8• recruitment, 5nduction and trainlng The Trustees who served during the year and since the year end are set out on page 1. The Board of Trustees, which meets regularly during the year, appoints trustees and deals with the induction process for new trustees. All new Trustees are given the opportunty to tour the project and meet both service users and staff. Trustees are always invited lo various celebrations and feslivities. Hamoaze House also has an open4oor policy encouraging trustees to drop in. Charty Commission booklets are also provided for new trustees such as Yhe Essential Trustee. to outline lh8 role. Organisational structure and decision4naking policy Day to day decisions are ultimately made by Ihe Chief Executive in collaboralion with the Senior Leadership Team. All decisions are made using appropriate operalional policy and procedures. and rf needed in consultation with the Specialist Public Health Consultant at the Office of the Director of Public Health, Plymouth City Council, Harnoaze House's core funder. Plymouth City Council is now responsible for implementing the Governments drug strategy st a local level, including commissioning and developing treatment services. We are now in the fourth year of the Plymoulh Alliance. We have now been working together since this time as an Alliance to co-produce, co-ordinate and provide a range of support services for people with complex needs. As an Alliance, members, which include the provider(s) and commissioners, will drive forwards change and respond effectively to the complex needs of the citizens of Plymouth in an ever-changing landscape. shaping the future system accordingly. We have also a citywide Action and Implementation Plan for those people requiring services for multiple and complex needs. Alongside this we have also established a number of themed subgroups in ord8r to take things fomard. W8 have also agreed mandatory training for all staff to ensure consistency and equty of practice and d81ivery that is consistent and availab18 to those needing seryices regardless of where they °pitch" up. A no wrong door approach. The Allian aims to improve the lives of people with complex needs by supporting the whole person to meet their aspirations, whilst also contributing towards national outcome tsrgets in relation to statutory homelessness. children in care and care leavers, drug treatment, reoffending rates, preventing admissions to hospital and urgent care targets. The purpose of the Allian is to: Enable people to fulfil their potential by resolving underlying issues and causes, the consequences of which are homelessness, Substan misuse, offending, mentsl health and risk of exploitation and in the case of parents, often has a negative impact on their capacity to meet thair child(ren)s developmental. wellbeing and heafth needs. Provide support to 8nable people to become Independent and step down from services. by providing the right support at the right time. reduclng the pressure on crisis and emergency services and moving towards Independen and wellbeing. Page 2
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support people to achieve their goals (the things that matter most to the individuals) through an honest relationship that changes over time as aspirations grow, develop and are achieved. Following the implementation of the Homelessness Reduction Act 2017, support the local authority in discharging its statutory duties in relation to homelessness. Any strategic decision would be made in consultation and with the approval of the Board of Trustees. Hamoaze House continuously collects data and returns this monthly and quarterty to the National Drug Trealment Monitoring Sepiice (NDTMS) via Harbour. Many areas are monilored. including waiting times to access treatment. duration of trealment. trealment modalities, family involvement. [e planning and reviews. HALO our chosen case management system is now used by all staff. This is a system that allows there to be a single virtual case fi18, in which, all specialist drug and alcohol services providing tre8tment. or a specific modality has access and can input to this file. This is to prevent replicalion of i.e.. assessments, risk assessments and case notes. The file is essentially owned by the seniice user. As parl of a collaborative partnership approach, we have come together as an Alliance in order to collaborate and work together to deliver effective homeless services and accommodation services. However, given the current housing crisis which although nationally is particularly bad in the south west of the country we are working hard in an altempt to offsel the increasing number of people that have found Ihemselves homeless and have a Homeless Strategic Group to specifically focus on ways of managing this national problem, however despite our best efforts to reduce this we have over the last 12 months seen numbers of people needing emergency accommodation doubling. The Charity shop is well established and continues to grow and improve steadity wilh sales and increased our online presence with the use of 8Bay, Vinted and other online websites. The Coffee Box also has now imbedded itself into the local communty and receives an increasing number of customers who consistently use the facility. RISKMANAGEMENT The Trustees confirm that the major risks to which the charty is exposed as identffied by Ihe Trustees have been reviewed and systems are established to mitigate those risks. Our Safeguarding Policies and Procedures have been reviewed and an audit to maintain compliance in line with the GDPR Regulations. OBJECTS AND ACTIVITIES In furtherance of its objectives and public benefrt. the charity's principal objectives according to its governing document are: To preserve and safeguard the health, well-being. and recovery of all persons whose lives are affected by dependency upon drugs (illegal and legal) andlor alcohol and the families of such persons and their community's. To treat. preserve. intervene and safeguard the health and wellbeing of those persons at risk and vulnerable persons, young people. individuals and families. To promote the education and further the attendance and attainment of those persons who have been unable to succeed in Ihe traditional education system. To provide and manage a specialist day care centre for Ihe benefit of the general public in Plyrnouth and elsewhere. Page 3
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 To advance the life skills of young people by, for example: The provision of recreational and leisure time activities in the interest of social welfare, designed to improve their conditions of lrfe. The provision of support and activities which develop their skills, capacities and capabilities thus enabling them to participate in society as mature and responsible individuals. The charity operates day to day support facilities for all persons affected by problematic substance use and multiple vulnerabilities and complex needs in the community. We reinstated the Youth Club in Nov 2022 and Seymour House continues to provid8 an alternative education support service approved by Plymouth City Council. The program includes but is not limited to: Theatre and drama productions Music i.e. writing, playing and perfomiing Educational activities Gardening and vegetable growing Earfy intervention initiatives Support into employment and training Lrfe skills Creative writing Student placement Trampolining - r8bound therapy Barista Project (Coffee Box) Yoga Various programmes of online virtU81 support Community running club Individualised Recovery Care Plans Structured time management Group therapy Health promotion Relapse prevention Leisure and sport Young person's support Families, support Cookery Fit and Fed (in conjunction with PCC) Seymour Young Peoples, Day Support service Hidden Harm support and training Core Maths and English Community support groups Local Job Cenlre partnership in encouraging people to volunteer prior to going back to full time employmenl. DINP weekEy clinics to ensure clients are abl8 to access all appropriale benefits. Hosting of Safesleep provision, which has recently been granted all year round opening, providing 3 staff lo offer wraparound support to those rough sleeping. Young People Our partnership continues with Transforming Futures Multi Academy Trust (previously Mount Tamar - a specialist education provider) delivering services out of Seymour House. This service engages with sever81 young people with speGl81ist education needs (SEN'S). This includes cognition and leaming. autistic spectrum conditions, medical needs, physical disabilities, specific learning difficulties (dyslexialdyscalculia). We are also supporting some of the Outreach provision. The charity hopes to build on the success of the current provision in the next financial year and beyond. Our youth service at Seymour House is involved in the piloting of a project looking to support families to ensure that their children arriv8 in readiness for school. These are families who have a long history of disengaging from support services (often described as hard to reach). This is proving to have a significantly positive impact, and we are as partners collecting data with a view to evidencing an effective system that will inform future commissioned engagement. We continue to run after school clubs as their popularity remains consistent. Page 4
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 STRATEGIC OBJECTIVES The overall objective is to encourage and support people in developing and improving skills and strategies to facilitate a move on from dependent behaviour (Substan$. lifestyles and associated agencies). In addition. of particular signtficance is the objective lo provide support for families. parents and young people affected by problematic Substan use within their famity andlor neighbourhood. This is achieved through offering structured day programmes individualty tailored lo the identified need of the client. Plymouth City Council in conjunction with all partners and people continue through the Alliance to co- design the future Complex Needs System. This will enable people using services to be supported flexibly, receiving the right care, at the right time. in the right place. This Alliance Model is focused on crealing systemic change; changes to culture, funding structures. commission and policy which will support this new way of working. Together we have created a contractual environment where suppliers share responsibility for achieving outcomes and are mutually supportive, all decisions are made on the best outcome for people using services. The vision is to improve the lives of people with complex needs, supporting the whole person lo meet their aspirations and to participate in and contribute to all aspects of life. Alliance success is based on leadership, alignment, shared risks and incentives and a commitment to collaboration. It promotes a new way of working, it drives collaboration and innovation, provides integrated care and improves efficiency and stability promoting sustainable outcomes for those people using the services. Using system measures and case studies we are beginning to see evidence that the Alliance formation is indeed improving outcomes for Ihose people in our system(s). ACHIEVEMENTSAND PERFORMANCE The successful realisation of each service user's care plan, their purpose for being here, is monitored with regular reviews by Hamoaze House staff, client and referrer. Many of the policies are standard with other drug and alcohol service providers. Wrth the inception of the Alliance there has been greater focus on partnership working which has included staff shadowing partnership senfices, a multi-agency training progr8m and regular multi-agency staff meetings to share best practice and to look at in detsil individual seNice delivery which includes busting myths and fact sharing. PERFORMANCEOBJECTIVES To maintain capacty of adult servicE users by ensuring all contacts are responded lo without any delay People wishing to access Hamoaze can start immediately (no wailing list or delays for assessments) To ensure service is delivered in line with the key recommendations from the Dame Carol Black's independent drug review, from Haryn to Hope. Prevention. treatment and recovery to cut crime and save lives To increase capacity of affected others. group lo 60 over 4 sites in partnership with SMART Families and Shekinah To maintain and ensure access to our facilities lo maximize use, benefit in income. To continue to develop opportunities for greater partnership working. through the Alliance with a view to embedding collabordtion and combined seNice provision. To provide education, training and employment opportunities for those using our services through the Hamoaze House Coffee Box. Page 5
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 To offer and further develop virtual online support for Ihose who cannot or do not wlsh to access face to face groups and for this al80 to be available to compliment those already receiving fa to face support. SIGNIFICANT ACTIVITIES FOR ACHIEVING OBJECTIVES To continually improve on quality of service. As a result of the 10-year Drug Stratagy from Harm lo Hope we are receiving additional money from the supplementary drugs grant to increase salaries for all staff to align salaries with partner services and to promote slaff retention. To actively promote Hamoaze House's services. To build capacity With "Not Engaged in Employment Training or School" Young people ("NEETS" _ Not in Education, Employm8nt, Training or School). Actively promote the facilities available at Hamoaze House and build on current working relationships with all services involved in adult social care and child social care, through developing additional multimedia exposure. The Coffee Box is a small venture where service users will benefit from education, training and improved employment opportunities through customer service, barista training, food and hygiene training and bookkeeping experience. All profit earnings from this project will be used to further the work of Hamoaze and Seymour House. To continue to build upon the success of the coffee box, recruiting volunteers and maximizing opening hours. The Charity Shop has proven to be an effective way to build an independent income stream. wider engagement with the community and the city and particularly providing volunteering opportunities. It is important to acknowledge our continued dependence upon grants and donations to enable specific to go ahead i.e., enhancing facilitieslservices. developing new projects and exceptional repairs. FINANCIAL REVIEW It would be important to note and convey the diligence of Trustees when considering crucial policy proposals and expenditure with the careful attention lo the possible outcome of such decisions both good or bad, financial or Dtherwise. With particular focus on both the risk and opportunities with each individual decision. Revenuefunding Core revenue funding lo cover the ongoing operating expenses has been covered. Prlncipal funding sources The principal funding sources of the organisation are sel out in Note 4 of the accounts. Page 6
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE> TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Re$arv•s Policy Unreslricted general funds can be used in accordance with the Charitable Objects at the discretion of the Board of Trustees. To protecl the charity against the consequences of any contract being terminated or not renewed resulting in redundancy of roles. To provide funds for urgent capital exp8nditure. To provide working capital if there are short temi funding gaps. Having completed a review of the likely costs involved the Trustees consider it to be apposite to maintain unrestricted reserves within the range £175,000 to £200.000. Restricted funds can only be used for restricted purposes within the objects of the charity. Fundraising We are predominately funded by Ptymouth City Council through the Plymouth Alliance and individual grants and grant making trusts. The Business Development position has proved to be positive in relation to increasing other income streams and grants. One of the successful grants for £298,000 (from the Dept of Levelling Up Housing & Communities) provided a capital project of an extension to provide additional showers. toilets, new kitchen and a full refurbishmenl of the Night Shelter provision with 3-year revenue funding until end of March 2025 for 3 additional staff employed as Complex Needs Support Workers to provid8 a wraparound support service for those individuals using the Night Shelter. Hamoaze has a 'Just Giving, page on our website. We occasionally receive donations from supportive individuals and now raise independent funds through the Charity Shop and Coffee Box. Pay Pollcy Thls Pay Policy Statement sets out Ihe Hamoaze House policy on pay and conditions for senior managers and employees. Hamoaze House aims to attract and retain employees to deliver its objectives. In determining pay for senlor managers and all other employees Hamoaze House operates in accordance wlth Plymouth City Council and Ihe principles underlying the National Living Wage and complies wlth current legislation. KEY PRINCIPLES FOR PAY POLICY To be fair, reasonable, and transparent To be affordable To reward employees for their contribution to Ihe services delivered by Hamoaze House To maintain rates of pay which are both Competitive in Ihe local seclor marketplace. reflect the need to retain key skills and recognise the commitment and hard work of all staff. Chief Executive and Executive Directors The Board of Trustees is responsible for setting remuneration based on salary comparison against similar posts within the local charitable sector in line with Ihe key principles above. Other Employees, Pay Structure (Including lowest paid employees) Remuneration for other employees is normalty determined by National Government Guidelines, in association with the National Living Wage and in line with other local sector charities within the same field of operation. We are also developing an internal pay scale based on the above Any Increases to salary structure are agreed by the Board of Trustees and recorded in the minutes of those meetings. Page 7
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 PLANS FOR FUTURE PERIODS To ftjrther pursue, participate and invest in the Alliance framework and to be a valued and respected member within this system for th8 benefrt of the people of the city of Plymouth. The Alliance aims to improve the lives of people with complex needs by supporting the whole person to meet their aspirations. whilst also contributing towards National outcome targets in relation to drug trealmenl, slatutory homelessness. re-offending rates, children in care 8nd care leavers and preventing admissions to hospitals and urgent care targets. The purpose of the Alli8nce is to.. Enable people to fulfil their potential by resolving underlying issues and causes, the consequences of which are problematic relalions with substances, homelessness. offending, mental health and risk of exploitation and in the case of parents this often has a negalive impact on the capacity to meet their child(ren)s developmental, wellbeing and health needs. To Continue and build upon the partnership with Transforming Lives Multi Acedemy Trust. Govemrnent policy is to encourage and sustain an environment where third sector organisations play an increasing role in the delivery of public Servi$. It should be noted that peopk who use this service have complex issues; prob18matic use of alcohol and other drugs is muMi-f8ceted rarely a slandalone condition. More rec8ntly the term being used lo identify these people Is "multiple vulnerabilities and complex needs.. PUBLIC BENEFIT The Trustees have complied with their duty outlined in Section 4 of the Charities Act 2006, to have due regsrd to public benefit guidance issued by the Charity Commission. The review of our activities grven in this document exemplifEs how we have acted for Ihe benefrt of the public in and around the City of Ptymouth. The Trustees, Report was approved by order of the Board of Trustees, as the company directors, and signed on its behalf by- Mrs S J Hobbs (Chair of Trustees) Date: i[,, Page 8
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) (CONTINUED STATEMENT OF TRUSTEES. RESPONSIBILITIES The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Truste8s' Report and the financial statements in accordance with applicab18 law and United Kingdom Accounting Standards {United Kingdom Generally Actspted Accounting Practice). Company law requir8S the Trustees to prepare financial statements for each finaneial year. Under company law, the Truste8s must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, Including its income and expenditure, for that period. In preparing these financlal staternents, the Trustees are required to: select suitable accounting policies and Ihen apply them Consistently, observe the methods and principles of the Charities SORP (FRS 102)., make judgem8nts and accounting estimates that are reasonable and prud8nt' state whether applicable UK Accounting Standards {FRS 102) have been followed. subject to any material deparbjres disclosed and explained in the financial ststements; prepare the financial statements on the golng concern basis unless it is inappropriate to presume that the Charity will Continue in business. The Trustees are responsible for keeping adequate accounting records that are sufflclent to show and explain the Charitvs transactions and disclose wlth reasonable accuracy at any time the financlal position of the Charity and enable them to ensure that th8 financial statements comply with the Companies Act 2006, They are also responsible for safeguarding the assets of the Charlty and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 9
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAMOAZE HOUSE (Ihe Charity.) I report to the ¢harity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2024. RESPONSIBILITIES AND BASIS OF REPORT As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (Ihe 2006 Act'}. Having satisfied myself thal the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independenl examination, I report in respect of my examination of the Charitys accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directlons given by th8 Charity Commisslon under section 145(5>(b) of the 2011 Act. INDEPENDENT EXAMINER'S STATEMENT sin th8 Charit$ gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. l confimi that l am qualified to undertake the examination because l am a rnember of ICAEW. which is one of the listed bodies. I have completed my ex8mination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or the accounts do not accord with those records. or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair. view which is not a matter considered as part of an independent examination. or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [appli¢able to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I hav8 no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper und8rstsndlng of the accounls to be reached. This report is made solely to the Charitys Trustees, as a body. in accordance wlth Part 4 of the Charities (Accounts and Reports) Regulallons 2008. My work has been undertaken so that I might state to the Charltls Trustees those matters l am required to stste to them in an Independent Examiner's Report and for no other purpose. To the fullest extent pennitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Chaiitys Trustees as a body, for my work or for this report. Signed: Alison Oliver FCA Dated: 19 November 2024 BISHOP FLEMING LLP Chartered Accountsnts Salt Quay House 4 North East Quay Sutton Harbour Plymouth PL4 OBN Pag8 10
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 Restricted Unrestricted funds funds 2024 2024 Total funds 2024 Total funds 2023 Note INCOME FROM: Donations and legacies Charitable activities Other trading activities Investments 44,068 499,528 166,873 6,165 44,068 692,221 166,873 6,165 42,026 667.494 141,974 2,102 192.693 TOTAL INCOME 192,693 716,634 909,327 853.596 EXPENDITURE ON: Raising funds Charitable activities 41,127 605,665 41,127 847,912 44,126 762,539 242,247 TOTAL EXPENDITURE 242,247 646,792 889,039 806,665 NET MOVEMENT IN FUNDS (49,554) 69,842 20,288 46,931 RECONCILIATION OF FUNDS: Total funds brought forward N8t movement in funds 49.554 (49,554) 1,288,923 69,842 1,338,477 20,288 1.291.546 46,931 TOTAL FUNDS CARRIED FORWARD 16 1,358,765 1,358,765 1,338,477 The Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 14 to 29 form part of these financial statements. Page11
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) REGISTERED NUMBER."03590328 BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note FIXED ASSETS Tangible assets CURRENT ASSETS 12 758,974 782,151 Stocks Debtors Cash at bank and in hand 13 14 20 862 160,108 520,259 582 130,644 522,505 681,229 653,731 Creditors: amounts falling due within one year 15 (81,438) (97,405) NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 599,791 556,326 1,358,765 1,338,477 TOTAL NET ASSETS 1,358,765 1,338,477 CHARITY FUNDS Restricted funds Unrestricted funds 16 16 49,554 1,288,923 1.358,765 TOTAL FUNDS 1,358,765 1,338,477 The Charty was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not qUired the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for complying with the r8quirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Twstees and signed on their behalf by: Mrs S J Hobbs (Chair of Trustees) Date: [1116LC)a>T The notes on pages 14 to 29 fomi part of these financial statements. P8ge 12
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Note CASH FLOWS FROM OPERATING ACTIVITIES Net cash used in operating activities 19 (4,537) 55,988 CASH FLOWS FROM INVESTING ACTIVITIES Purchase of tangible fix8d assets Investrnent income reIP1S (3,874) 6,165 {3,263) 2.102 NET CASH PROVIDED BYI{USED INI INVESTING ACTIVITIES 2,291 (1,161 CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR Cash and cash equivalents at the beginning of the year (2,246) 522,505 54.827 467.678 CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 20 520,259 522,505 The notes on pag8s 1410 29 form parl of these financial statements Page 13
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 GENERAL INFORMATION The Charity is a company limited by guarantee {¢ompany number.. 1070430) registered in England and Wales. The Charty is also a reglstered charity (charity number: 03590328) in England and Wales. The registered adress for the Charity is Mount Wise. Devonport, Plymouth, Devon, PL14JQ, ACCOUNTING POLICIES 2.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charilies: Statement of Recommended Practice applicable to charities preparing their accounts in accordance wilh the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 102} (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Hamoaze House meets Ihe deftnition of a public benefit entity under FRS 102. Ass8ts and liabilllles are initlally recognised at historical cost or transaction value unless otherwise stated in the relevant a¢countlng policy. 2.2 INCOME All income is recogni5ed once the Charity has entitlement to the in¢om8, It is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entit18ment of receipt, its recognition Is deferred and Included in creditors as deferred income. Wher8 entitlement occurs before income Is received, the income Is accrued. Gifts in kind donated for distrfbution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold, Income tax recoverable in relation to donations received under Gift Aid or deed5 of covenant is recognised at the time of the donation. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. Pag8 14
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES (contlnued) 2.3 EXPENDITURE Expenditure is recognised once there is a legal or ¢onstrudive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is Glassified by activity. The costs of each activity are made up of the total of dire¢t costs and shared costs, including support costs involved in undertaking each activty. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single aclivity are apportioned between those activities on a basis consistenl with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocaled on the portion of the asset's use. Expenditure on charltable actlvities is incurred on d1CtlY undertaking the activities which further the charits objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.4 INTEREST RECEIVABLE Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity- this is normally upon nolification of the interest paid or payable by the institution with whom the funds are deposited. 2.5 TANGIBLE FIXED ASSETS AND DEPRECIATION Tanglble fixed assets costing £NIL or more are capitalised and recognised when future economlc benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tsngible fixed assels are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so as lo allocate Ihe cost of tangible fixed assets less their residual value over their estimated useful lives. Depreciation is provided on the following basis: Freehold property Short-term leasehold propety Motor vehicles Fixtures and fittings 200/0 25D/o 33° 2.6 STOCKS Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable ov8rheads. 2.7 DEBTORS Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trdde discounts due. Page 15
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES (contlnued) 2.8 CASH AT BANK AND IN HAND Cash at bank and in hand includes cash and short-term highly liquid investments with a short rnalurity of three rnonths or less from the date of acquisition or opening of the deposit or similar account. 2.9 LIABILITIES AND PROVISIONS Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement. and the arnount of the settlement can be estimated reliably. Liabiliti8s are recognised at the amount that the Charity ants'cipat8S It wlll pay to settle the debt or the amount it has received as advanced payments for the goods or s8rvices it must provide. Provisions are measured at the best eslimate of the amounts required to sett18 the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pr&tax discount rate that reflects the risks specrfic to the liabilty. The unwinding of the discount is recognised in the Statement of Financial Aclivities as a finance cost. 2.10 FINANCIAL INSTRUMENTS The Charity only has financial ass8ts and financial liabilities of 8 kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at thelr settlement value wlth th8 exception of bank loans which are subs8quently measured at amortlsed cost using the effective interest method. 2.11 PENSIONS The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year. 2.12 FUND ACCOUNTING General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been sel aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes tr) the financial statements. Investment income, gains and losses are allocated to the appropriate fund. Page 16
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INCOME FROM DONATIONS AND LEGACIES Unrestricled funds 2024 Total funds 2024 Donations 44,068 44,068 Unrestricted funds 2023 Total funds 2023 Donations 42,026 42,026 INCOME FROM CHARITABLE ACTIVITIES Restrlcted Unrestrided funds funds 2024 2024 Tolal funds 2024 SHARP - Substance Misuse Project PCC Hidden Harm Grant Plymouth Drug & AIGohol Team Youth Referral Project Lloyds TSB Foundation Other grant and contract income Fit & Fed Grant Levelling Up. Housing & Communities 64,884 39,972 64,884 39,972 454,254 16,750 454.254 16,750 10.601 17,923 10,601 17,923 87,837 87.837 192.693 499,528 692,221 Pag8 17
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INCOME FROM CHARITABLE ACTIVITIES (CONTINUED) Restricted Unrestricted funds funds 2023 2023 Total funds 2023 SHARP - Substanc8 Misuse Project PCC Hidden Hami Grant Ptymouth Drug & Alcohol Team Youth Referral Project Lloyds TSB Foundation Other grant and contract income Fit & Fed Grant Levelling Up, Housing & Communities 68,527 38.069 68,527 38.069 357.355 27,770 2,250 29.349 20,841 123,333 357,355 27,770 2.250 29.349 20.841 123,333 232,179 435,315 667,494 Page 18
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INCOME FROM OTHER TRADING ACTIVITIES Income from non ¢harftabl• tradlng activltles Unrostrided funds 2024 Total funds 2024 Rental and other income Shop incorne 105,568 61.305 105,568 61,305 166,873 166,873 Unrestricted funds 2023 Totsl funds 2023 Rental and other income Shop income 75,455 66,519 75,455 66,519 141,974 141,974 INVESTMENT INCOME Unrestrl¢ted funds 2024 Total funds 2024 Bank interest 6,165 6,165 Unrestricted funds 2023 Total funds 2023 Bank interest 2,102 2,102 Page 19
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES Summary by fund type Restricted Unrestricted funds funds 2024 2024 Total 2024 Charitable activities 242,247 605,665 847,912 Restricted Unrestricted funds funds 2023 2023 Total 2023 Charitable activities 182,625 579.914 762.539 ANALYSIS OF EXPENDITURE BY ACTIVITIES Activities undertaken directly 2024 Support costs 2024 Total funds 2024 Charitable activities 674.276 173,636 847.912 Activities undertaken directly 2023 Support costs 2023 Total funds 2023 Charitable activiti8S 591.215 171.324 762,539 Page 20
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ANALYSIS OF EXPENDITURE BY ACTIVITIES (CONTINUED> ANALYSIS OF SUPPORT COSTS Total funds 2024 Total funds 2023 Staff costs Advertising Governance costs 166,980 163,533 500 7,291 6,656 173,636 171,324 INDEPENDENT EXAMINER'S REMUNERATION 2024 2023 Fees payable to the Chariws independent examiner for the independent examination of the Charitrfs annual accounts 5,000 3,780 10. STAFF COSTS 2024 2023 Wages and salaries Social security costs Conlribution to defined contribution penslon schemes 463,345 73,932 60,403 437,059 33.962 29,919 597,680 500,940 The average number of persons employed by the Charity during the year was as follows: 2024 No. 2023 No. Staff 27 24 The number of employees whose employee benefrts (excluding employer pension costs} exceeded £60,000 was: 2024 2023 In the band £60.001- £70,000 Page 21
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 11. TRUSTEES. REMUNERATION AND EXPENSES During the year, no Trustees received any remuneration or other benefits12023 - £NIL). During the year ended 31 March 2024. no Twstee expenses have been incurred (2023 - £NIL}. 12. TANGIBLE FIXED ASSETS Short-tsrm leasehold property Freehold property Motor Flxtures and vehicles fittings Total COST OR VALUATION At 1 April 2023 AddÈtions 1,116,693 9,156 32,339 331,432 3,874 1.489.620 3,874 At 31 March 2024 1,116,693 9,156 32,339 335.306 1,493.494 DEPRECIATION At 1 April 2023 Charge for the year 348.397 22,334 8.734 422 32,020 319 318,318 3,976 707.469 27,051 At 31 March 2024 370.731 9.156 32,339 322,294 734.520 NET BOOK VALUE At 31 March 2024 745,962 13.012 758.974 At 31 March 2023 768,296 422 319 13,114 782,151 13. STOCKS 2024 2023 Finished goods and goods for resale 862 582 Page 22
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 14. DEBTORS 2024 2023 DUE WITHIN ONEYEAR Trade debtors Other debtors Prepayments and accrued income 47,863 93,535 7,942 29,167 112,245 160,108 130,644 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors other creditors Accruals and deferred income 20,205 14.697 46,536 18.178 30.551 48.676 81.438 97,405 2024 2023 Deferred income at 1 April 2023 Resources deferred during the year Amounts released from previous periods 86,610 34,033 (86,1601 6,872 86,610 (6.872) 34,483 86,610 Amounts in deferred income relates to income received In advance for 2024-25 relating to grant Income (£24.346) and rental and hire income {£9,687). Page 23
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. STATEMENT OF FUNDS STATEMENT OF FUNDS - CURRENT YEAR Balance at 31 March 2024 Balance at 1 April 2023 Transfers inlout Income Expenditure UNRESTRICTED FUNDS DESIGNATED FUNDS Staff restructuring Property maintenance Fixed assets fund 50,000 70,868 782,151 50,000 59,104 758,974 (11.764) (27.051) 3.874 903,019 (38.815) 3,874 868,078 GENERAL FUNDS General funds 385,904 716,634 (607,977) (3,874) 490.687 TOTAL UNRESTRICTED FUNDS 1,288.923 716,634 {646,792) 1,358,765 RESTRICTED FUNDS PCC Hidden Hami SHARP- Substance Misuse Project Levelling Up, Housing & Communities 39.972 (39,972) 64.884 (64,8841 49.554 87.837 {137,3911 49,554 192,693 (242,247) TOTAL OF FUNDS 1,338,477 909,327 (889,039) 1,358,765 Page 24
HAMOAZE HOUSE {A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. STATEMENT OF FUNDS (CONTINUED) D•signated funds Staff restructuring - Hamoaze House is reliant upon Ilnite project funding. In order to attract staff to posts within the organisation, it is not normal practice to Issue fixed term contracts. Therefore it may be necessary to make posts redundant were funding to end and this designated fund is included to cover the anticipated costs of this r8Structuring. Property maintenance - Hamoaze House is a grade11 listed building and as such requires a great deal of mainlenance and upkeep. The Trustees think it prudent to set aside funds to support the cyclical and often expensive maintenance requirements. Flxed assets fund represents the net book value of fixed assets not available for day lo day use as cash. Restrictod funds PCC Hidden Harm - represents funding to provide the role ofyouth Worker, whom help reduce the harm caused by substance misuse to users themselves, affected others, and to the wiéer communily. We provide support through a Youth Work perspective based around engagement throu9h activities. Helping those young people who are reluctsnt to engage in support with a sp8cific focus on relationship building, developing trust, and increasing engagement. SHARP - Substance MIsu8e Project - represents fvndlng for a programme specifically for adults and families that are affected by a loved one's drug andlor alcohol misuse. This is an opportunity for them to come together and work with professlonal people in understsnding substance use and to support each other. It is important to feel that they are not alone in what they are going through and it is an opportunity to talk to each other and build strong friendships and support networks. Levelling Up. Housing & Communities - represents funding to increase the quality. capacty. and variety of our facilities that will improve th8 dignity and privacy of those using the Night Shelter and lo diversify what we do by offering support around housing, health. and meaningful occupation to those rough sleeping and wherever possible, to prevent them returning to rough sleeping. Page 25
HAMOAZE HOUSE IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 16. STATEMENT OF FUNDS (CONTINUED) STATEMENT OF FUNDS- PRIOR YEAR Balance at 31 March 2023 Balance at 1 April 2022 Transfers inlout Income Expenditure UNRESTRICTED FUNDS DESIGNATED FUNDS Staff restructuring Property maintenance Fixed assets fund 50,000 82,632 810,186 50.000 70,868 782,151 (11,764) (31,298) 3.263 942,818 (43,062) 3,263 903,019 GENERAL FUNDS General funds 348.728 621.417 (580,978) (3,263) 385,904 TOTAL UNRESTRICTED FUNDS 1,291,546 621.417 (624,040) 1,288.923 RESTRICTED FUNDS Restricted revenue funds PCC Hidden Hann SHARP- Substsnce Misus8 Project Levelling Up, Housing & Communities 2,250 38.069 (2.250) (38.069> 68,527 (68,527} 123.333 (73.779) 49.554 232,179 (182,6251 49,554 TOTAL OF FUNDS 1,291.546 853,596 (806,6651 1.338.477 Page 26
AMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 17. SUMMARY OF FUNDS SUMMARY OF FUNDS-CURRENTYEAR Balance at 31 Mareh 2024 Balance at 1 April 2023 Transfers inlout Income Expenditure Designated funds General funds Restricted funds 903,019 385,904 49,554 (38,815) (607,977) (242,247) 3,874 (3,874) 868,078 490,687 716,634 192,693 1,338,477 909,327 {889,039) 1,358,765 SUMMARY OF FUNDS- PRIOR YEAR Balance at 31 March 2023 Balance at 1 April 2022 Transfers inlout Income Exp8nditure Designated funds General funds Restricted funds 942.818 348,728 (43,062} (580,978> (182,625> 3.263 <3.263) 903.019 385.904 49.554 621.417 232.179 1,291,546 853,596 {806,665} 1.338,477 18. ANALYSIS OF NET ASSETS BETWEEN FUNDS ANALYSIS OF NET ASSETS BETWEEN FUNDS- CURRENT PERIOD Unrestrlcted funds 2024 Totsl funds 2024 Tangible fixed assets Gurrent assets Creditors due within one year 758,974 681.229 {81.438) 758,974 681,229 (81,438) TOTAL 1,358,765 1,358,765 Page 27
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 18. ANALYSIS OF NET ASSEfs BETWEEN FUNDS (CONTINUED) ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR PERIOD Restrfcted Unrestricted funds funds 2023 2023 Totsl funds 2023 Tangible fixed assets Current assets Creditors due within one year 782.151 604.177 (97,405) 782,151 653.731 (97.405) 49,554 TOTAL 49,554 1.288.923 1.338.477 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 19. 2024 2023 Net income for the period (as per Statement of Financial Activities) 20,288 46,931 ADJUSTMENTS FOR: Depreciation charges Losses on investments Increase in stocks Increase in debtors Increasel(decrease) in creditors 27,051 (6,165) (280) (29,464) (15,967) 31,298 (2.102) {135) (57.034) 37.030 NET CASH PROVIDED BYI(USED IN) OPERATING ACTivrriES (4,537) 55.988 20. ANALYSIS OF CASH AND CASH EQUIVALENTS 2024 2023 Cash in hand 520,259 522,505 Page 28
HAMOAZE HOUSE (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 21. ANALYSIS OF CHANGES IN NET DEBT At 1 Aprll 2023 Cash flows At 31 March 2024 Cash at bank and in hand 522,505 (2,246) 520,259 22. PENSION COMMITMENTS The Charity operates a defined contribution penslon scheme. The assets of the scheme are held separately from those of the Charity in an independently administ8red fund. The pension cosl charge represents contributions payable by the Charity to the fund and amounted to £44,908 (2023: £39,970). Contributions totalling £4,895 (2023: £6,829) were payable to the fund at the balance sheet date and are included in creditors. 23. OPERATING LEASE COMMrrMENTS At 31 March 2024 the Charity had commitments to make future minimum lease payments under non- cancellable operating leases as follows: 2024 2023 Not later than 1 year Later than 1 year and not later than 5 years Later than 5 years 29,148 115,500 120,000 29,148 114,773 147,500 264,648 291,421 24. RELATED PARTY TRANSACTIONS During the year. the Charity received income from a re18ted party. Shekinah Mission (Plymouth) Limited. of £1.763 (2023: £5,000) for venue hire at Hamoaze House. At the year end. £Nil (2023: £1,487) was owed to Ihe charity. During the year, the Charity paid a related party, Shekinah Mission (Plymouth) Limited of £Nil (2023: £877). At the year 8nd. £Nil {2023: £Nil) was owed to th8 relaled party. 25. CONTROLLING PARTY The Charity is controlled by its Trustees. Page 29