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2021-03-31-accounts

COMPANY REGISTRATION NUMBER 3579654

SHOC, SLOUGH HOMELESS - OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS

FOR

31 MARCH 2021

Charity Number 1070689

KNIGHTS

11Milbanke Court Milbanke Way Bracknell, Berks RG12 1RP

SHOC, SLOUGH HOMELESS - OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2021

CONTENTS PAGE
Members of the Board and professional advisers 3
Trustees Annual Report 4
Accountants' report 8
Statement of Financial Activities (incorporating the
Income and expenditure account) 9
Balance sheet 10
Notes to the report & financial statements 11

-2-

SHOC, SLOUGH HOMELESS - OUR CONCERN COMPANY LIMITED BY GUARANTEE

MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS (continued)

Registered charity name SHOC, Slough Homeless - Our Concern
Charity number 1070689
Company registration number 3579654
Registered office Quakers Meeting House
74 Ragstone Road
SLOUGH
Berks
SL1 2PX
Trustees Mr R B Waite
Mr WA Madge
Ms. F Garrod
Mr J Cannon
Miss P Soares
Ms N Valois
Ms C Al-Hashimi
Secretary Ms A McGuire
Accountants Knights
11 Milbanke Court
Milbanke Way
Bracknell, Berks
RG12 1RP
Bankers The Royal Bank of Scotland
67 High Street
Slough
Berkshire
SL1 1BZ
CCLA Investment Management Limited
The COIF Charities Deposit Fund
St Alphage House
2 Fore Street
London
EC2Y 5AQ
Solicitors Messrs Fairchild Dobbs
One Bulstrode Way
GERRARD CROSS
Bucks
SL9 7QT

- 3 -

SHOC, SLOUGH HOMELESS - OUR CONCERN COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2021

The trustees have pleasure in presenting their report and the unaudited report & financial statements of the charity for the year ended 31 March 2021.

REFERENCE AND ADMINISTRATIVE DETAILS

Reference and administrative details are shown in the schedule of members of the board and professional advisers on page 3 of the report & financial statements.

THE TRUSTEES

The trustees who served the charity during the period were as follows:

Mr R B Waite

Mr WA Madge Ms. F Garrod Mr J Cannon Miss P Soares Ms N Valois Joined 26[th] October 2020 Ms C Al- Hashimi Joined 26[th] October 2020

STRUCTURE, GOVERNANCE AND MANAGEMENT

SHOC is a charitable company limited by guarantee. It is governed by a Memorandum and Articles of Association. SHOC has seven directors who meet 5 times a year with the CEO and the executive team. The project manager runs the Day Centre and refers policy matters to the CEO for decision.

Appointment of directors

The recruitment process is run by the Chair of Trustees and overseen by the CEO. The Board identifies the skills which it needs within it, and then actively seeks people with these skills to apply to become a Trustee of the charity. Candidates are required to complete an application form setting out details about themselves and their suitability for trusteeship. These applications are treated on a confidential basis, reviewed by the Chair of Trustees and the CEO and matched against the sills criteria established by the Board. Prospective trustees are invited to attend a number of Board meeting as ab observer. The directors are elected by those attending the Trustee Meeting.

Directors Training

Because poor governance costs more than learning to govern well, the Board invests in its governance capacity. Training and retraining is used to orient new members as well as increase existing members’ skills and understanding. Both Chair and Vice Chair receive specific training as necessary regarding chairing meetings and the Board attend an annual day away. Outside monitoring assistance is also arranged so that the Board can exercise confident control over organisational performance. Mechanisms are used to ensure the Board’s ability to listen to the beneficiaries view points and values. Governance costs are prudent though not at the expense of endangering the development and maintenance of superior capability of the Board.

OBJECTIVES AND ACTIVITIES

PRINCIPLE ACTIVITY

SHOC creates public benefit by providing, within a safe friendly environment, a comprehensive package of services to tackle

SHOC, SLOUGH HOMELESS - OUR CONCERN COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2021

homelessness, social exclusion and health issues and to help people maintain their accommodation. The long term aim is to enable people to be reintegrated into mainstream society.

PUBLIC BENEFIT

In accordance with the above objectives for this year, and with due regard to the published charity Commission guidance on the operation of the Public Benefit requirement of the Charities Act 2011, the Directors have undertaken appropriate activities in furtherance of those aims for the public benefit. This year’s activities, achievements and future plans are summarised below.

ACHIEVEMENTS AND PEFRFORMANCE

The Statement of Financial Activities is set out on page 9.

Everyone has the right to a home or at least a bed for the night.

Almost everyday someone lost their life to knife crime in the UK this year. This rise in crime is shocking but the unreported tragedy is that three times as many people died on our streets needlessly sleeping rough.

In almost every town there are empty buildings that can easily accommodate people forced to sleep rough. Every council can identify appropriate general needs housing that can be used more efficiently. Housing Associations have buildings where service contracts ended and the property has lain dormant. The Housing Minister needs simply to call on Councils to prioritise rough sleeping and homelessness and to cut through bureaucracy to achieve sensible local solutions fast, before more people needlessly die on our streets.

Our day service exists because this has not yet been achieved in Slough so we will continue to provide lifesaving services until we end the need for anyone to sleep rough in Slough. This year we helped 157 people sleeping rough in Slough.

Every day we assisted on average 37 people. We provided 14,000 hot meals, 2,600 showers, 2,300 items of clothing and 1,600 hours of coaching. 82% of our guests had a drug or alcohol problem, 53% of our guests had a mental health problem, 32% of our guests had a problem with their health and 1lmost half of our guests had no recourse to public funds. We were able to access treatment for half our guests but only 18% moved off the streets into housing.

Next year we have plans to work closer with Slough Borough Council and our partners Trinity to provide more housing options and help more people off the streets and to help create a housing pathway that will end rough sleeping in Slough for good.

SHOC, SLOUGH HOMELESS - OUR CONCERN COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2021

FINANCIAL REVIEW

Reserves totalled £164,009 at 31st March 2021

During this financial year we have been successful in receiving grants to cover the impact of Covid. The Trustees aim to operate on a break-even basis taking one year with another after providing the appropriate range of services to our clients. We have reported a surplus of £48,716 for the financial year ended March 2021 due to being successful in securing grant funds to provide current services cost.

RESERVE POLICY

As SHOC is almost entirely funded from short-term grants which may not be renewed the policy is to retain in excess of 3 months operating costs in cash within our unrestricted reserves which at current levels of expenditure requires a figure in excess of £50,000. (2020: £50,000). On 31st March 2021, unrestricted general reserves were above the level required to meet the Board’s policy.

RISK REVIEW

Major risks identified by the directors/trustees include; securing new grants to fund the services and financial self-sustainability.

Insurance policies are in place covering employers and public liability, trustee's liability, building and contents.

PLANS FOR FUTURE PERIODS

Next year we have plans to work closer with Slough Borough Council and our partners Trinity to provide more housing options and help more people off the streets and to help create a housing pathway that will end rough sleeping in Slough for good.

.

SHOC, SLOUGH HOMELESS - OUR CONCERN COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2021

RESPONSIBILITIES OF THE TRUSTEES

The trustees are responsible for preparing the Trustees Annual Report and the report & financial statements in accordance with applicable law and regulations.

Company law requires the trustees to prepare a report & financial statements for each financial year. Under that law the trustees have elected to prepare the report & financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The report & financial statements are required by law to give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period.

In preparing these report & financial statements, the trustees are required to:

Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the report & financial statements comply with Companies Act 2006. The

Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

REPORTING ACCOUNTANTS

Messrs Knights will continue as reporting independent examiner for the ensuing year.

Signed by order of the trustees

ACMcGuire

ACMcGuire (Dec 24, 2021 10:43 GMT)

Ms A McGuire Charity Secretary Date 20[th] December 2021

SHOC, SLOUGH HOMELESS - OUR CONCERN COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2021

Independent examiner’s report to the trustees of SHOC, Slough Homeless – Our Concern

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021, which are set out on pages 9 to 1.

Responsibilities and basis of report

As the charity’s trustees of the Company (who are also the directors of the company 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 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:

I have 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 understanding of the accounts to be reached.

Knights

Knights (Dec 22, 2021 16:27 GMT)

Terence Knight ACA Knights Chartered Accountants 11 Milbanke Court Milbanke Way Bracknell RG12 1R

SHOC, SLOUGH HOMELESS - OUR CONCERN COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2021

Income and Expenditure Account

Note
INCOMING
RESOURCES
Voluntary Income
2
Grants
Activities for
generating funds
3
Investment Income
4
Income from
charitable activities
RESOURCES
EXPENDED
Cost of generating
funds
5
Charitable activities
6
NET INCOME/
(EXPENDITURE) FOR
THE YEAR
RECONCILIATION OF
FUNDS
Total funds brought
forward
TOTAL FUNDS CARRIED
FORWARD		 Unrestricted
Restricted
Total
Unrestricted Restricted
Total
Funds
Funds
Funds
Funds
Funds
Funds
2021
2021
2021
2020
2020
2020
£
£
£
£
£
£
132,718
99,707
232,425
101,716
17,222
118,938
2,200
2,200
11,091
11,091
4
4
20
20
0
134,922
99,707
234,629
112,827
17,222
130,049
(146)
(146)
(3,646)
(3,646)
(86,059)
(129,967)
(216,026)
(206,137)
(32,333)
(238,470)
(86,206)
(129,967)
(216,172)
(209,783)
(32,333)
(242,116)
48,716
(30,260)
18,457
(96,956)
(15,111)
(112,067)
115,292
30,260
145,552
212,248
45,371
257,619
164,008
0
164,009
115,292
30,260
145,552

The Statement of Financial Activities includes all gains and losses in the year and therefore

a statement of total recognised gains and losses has not been prepared. All the above amounts relate to continuing activities

SHOC, SLOUGH HOMELESS - OUR CONCERN COMPANY LIMITED BY GUARANTEE

BALANCE SHEET AS AT 31 MARCH 2021

Note
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Debtors
11
Cash at bank and in hand
TOTAL CURRENT ASSETS
CREDITORS: Amounts falling due within one
year
12
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
Restricted income funds
13
Unrestricted income funds
14		 2021
2020
£
£
3,779
6,803
693
1,308
192,396
149,132
193,089
150,440
(32,859)
-11,691
160,230
138,749
164,009
145,552
164,009
145,552
0
30,260
164,008
115,292
164,009
145,552

For the year ending 31/03/21 the company was entitled to exemption from audit under section 477 (2) of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibility for:

These report & financial statements were approved by the members of the committee on the 20[th] December 2021 and are signed on their behalf by:

Fiona Garrod (Dec 23, 2021 17:54 GMT) F Garrod Director

The notes on page 11 form part of these report & financial statements.

SHOC, SLOUGH HOMELESS - OUR CONCERN COMPANY LIMITED BY GUARANTEE NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES

(a) Basis of accounting

The report & financial statements have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, the Statement of Recommended Practice "Accounting and Reporting by Charities" issued in 2008 (SORP 2008) and the Companies Act 2006.

(b) Cash flow statement

The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the report & financial statements on the grounds that the charity is small.

(c) Fixed assets

All fixed assets are initially recorded at cost.

(d) Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Equipment - 25% cost per annum Furniture & Fittings - 25% cost per annum Leasehold Improvements -the period of the lease Long Leasehold - the period of the lease

(e) Holiday accruals

The holidays period for all staff is 1[st] April to 31[st] March and the company policy to utilise holidays within the entitled period. However we have made holiday accrual provision.

SHOC, SLOUGH HOMELESS - OUR CONCERN COMPANY LIMITED BY GUARANTEE

NOTES TO THE ACCOUNTS

YEAR ENDED 31 MARCH 2021

2. VOLUNTARY INCOME

Grants
MCKS Charitable
Foundation
Adobe
Ascot Racecourse
St James Place
Slough District
Charities Aid Foundation
Berkshire Community
Fund
Morrisons Foundation
Shanley Foundation
Leslie Aldridge Trust
HMRC Covid 19
National Lottery Covid 19
Homeless Link
Gifts in Kind
Donations		 Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
Funds
Funds
Funds
Funds
Funds
Funds
2021
2021
2021
2020
2020
2020
£
£
£
£
£
£
15,000
15,000
25,000
25,000
0
0
15,022
15,022
0
0
5,000
5,000
0
0
1,000
1,000
0
0
590
590
47,000
47,000
0
5,000
48,000
53,000
0
4,000
4,000
0
2,000
2,000
0
10,000
10,000
0
5,379
5,379
0
40,000
40,000
0
11,707
11,707
0
0
21,338
21,338
0
44,339
44,339
50,378
610
50,988
132,718
99,707
232,425
101,716
17,222
118,938

- 12 -

SHOC, SLOUGH HOMELESS - OUR CONCERN COMPANY LIMITED BY GUARANTEE

NOTES TO THE ACCOUNTS

YEAR ENDED 31 MARCH 2021

3. INCOMING RESOURCES FROM ACTIVITIES FOR GENERATING FUNDS

Unrestricted Total Unrestricted Total
Funds Funds Funds Funds
2021 2021 2020
2020
£ £ £ £
Fundraising Events 2,200 2,200 11,091
11,091

4. INVESTMENT INCOME

Unrestricted Total Unrestricted Total
Funds Funds Funds Funds
2021 2021 2020 2020
£ £ £ £
Bank Interest 4 4
20		 20
  1. FUNDRAISING TRADING: COST OF GOODS SOLD AND OTHER COSTS
Unrestricted Total Unrestricted Total
Funds Funds Funds Funds
2021 2021 2020 2020
£ £ £ £
Fundrasing Activities 146 146
3,646		 3,646
  1. COSTS OF CHARITABLE ACTIVITIES BY FUND TYPE
Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds Funds Funds Funds Funds
2021 2021 2021 2020 2020 2020
£ £ £ £ £ £
Learning Day Centre 86,059 129,967 216,026
206,137		 32,333 238,470

- 13 -

SHOC, SLOUGH HOMELESS - OUR CONCERN COMPANY LIMITED BY GUARANTEE

NOTES TO THE ACCOUNTS

YEAR ENDED 31 MARCH 2021

  1. NET INCOMING/ (OUTGOING) RESOURCES FOR THE YEAR

  2. This is stated after charging:

2021 2020
£ £
Depreciation 3,024 3,204
  1. STAFF COSTS AND EMOLUMENTS

Total staff costs were as follows:

Wages and salaries

2021 2020
£ £
141,247 154,373

No trustee received remuneration during the year (2020 - nil)

There was no remuneration paid for senior management staff by SHOC.

Particulars of employees:

The average number of employees during the year, calculated on the basis of full-time equivalents, was as follows:

2021 2020
No No
Total number of employees 6 6
======== ========

No employee received emoluments of more than £60,000 during the year (2019 - Nil).

9. TAXATION

SHOC, Slough Homeless - Our Concern is a registered charity and is therefore exempt from liability to taxation on its income and capital gains.

- 14 -

SHOC, SLOUGH HOMELESS - OUR CONCERN COMPANY LIMITED BY GUARANTEE

NOTES TO THE ACCOUNTS

YEAR ENDED 31 MARCH 2021

10. TANGIBLE FIXED ASSETS

COST
At 1April 2020
Additions
Disposals
At 31 March 2021
DEPRECIATION
At 1April 2020
Charge for the year
Disposals
At 31 March 2021
NET BOOK VALUE
At 31 March 2021
At 31 March 2020		 Fixtures &
Leasehold Leasehold
Equipment
fittings Improvements
Total
£
£
£
£
3,095
433
9,000
12,528
0
0
0
0
0
0
0
0
3,095
433
9,000
12,528
1,354
433
3,938
5,725
774
0
2,250
3,024
0
0
0
0
2,128
433
6,188
8,749
967
0
2,812
3,779
1,741
0
5,062
6,803

11. DEBTORS

Trinity Homeless Projects
Other Debtors
Prepayments
12.
CREDITORS: Amounts falling due within one year
Credtors
Payroll Taxes
Pension
Amounts owed to Trinity Homeless Projects
Accruals		 2021
2020
£
£
250
646
250
443
412
693
1,308
2021
2020
£
£
1,120
3,095
3,498
869
784
21,452
6,323
7,409
32,859
11,691

- 15 -

SHOC, SLOUGH HOMELESS - OUR CONCERN COMPANY LIMITED BY GUARANTEE

NOTES TO THE ACCOUNTS

YEAR ENDED 31 MARCH 2021

13. RESTRICTED INCOME FUNDS

Grants
4. UNRESTRICTED INCOME FUNDS
General Funds
General Funds		 Balance at
Incoming Outgoing
Balance at
1 April
2020
resources resources
31 March
2021
30,260
99,707
(129,967)
0
115,292
134,922
(86,206)
164,008
115,292
134,922
(86,206)
164,008

14. UNRESTRICTED INCOME FUNDS

15. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Restricted income funds
Unrestricted income funds		 Current
Tangible
Fixed
Assets
Assets
Total
0
0
160,229
3,779
164,008
160,230
3,779
164,009

16. COMPANY LIMITED BY GUARANTEE

The company is limited by guarantee of its members

- 16 -

2021-12-24

SHOC Accounts 2021 Final

Final Audit Report

Created: 2021-12-22 By: Terry Knight (terry.knight@knightsascot.com) Status: Signed Transaction ID: CBJCHBCAABAAbtXsviqnTvn3UdTBh1T_DG1atXV-F8Fc

"SHOC Accounts 2021 Final" History

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