Company RwlBtrnlon Numb•r: 03579654 Charfty Nnr 1070681 SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Knights 11 Milbanke Court Milbanke Way Bracknell Berkshire RG12 1RP
SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY UMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2022 CONTENTS PAGE Members of the Board and Professional Advisers Trustees, Annual Report Accountants, report Statement of Financial Activities Balance Sheet Notes to the report & financial statements 10 IIPage
SHOC, SLOUGH HOMELESS OUR CONC&IN COMPANY UMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR EN[ 31 MARCH 2022 Registered charity n8 Charity number SHOC, Sh Hometess Our Concem 1070689 Company registseon number RegiStej ofr 03579654 Quakers Meeting House 74 R4slone Road Sjough Be$Thire SU 2PX Trustees Mr. R B Waite Mr. WA Madge M$. F Garrcé Mr. J Cannon Ms. C Al-Hashlml Mrs. R Odedra Miss P Soares Ms. N Valbis Ms. A McGuiTe tountsnts Knights 11Milbanke Court Milbanke Way Bracknell Bethshlre RG12 1RP Bankers The Royal Bank of Scotland 67 Hth3h Street Slough Berkshire SL1 1BZ Metm Bank 1 Southampton Row London VK1B SHA CCLA Investment Management LimWÈd The COIF Charitres 08Fosft Fund St Aphsge House 2 Fore Street London EC2YSAQ Solicitors Messrs Fairthild Dobbs 1 8u15trade Way Geffad Cross BLkinghamshITe SL97QT 21PaBe
SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMEIITS FOR THE YEAR ENDED 31 MARCH 2022 TRUSTEES. REPORT FOR THE YEAR ENDING 31 MARCH 2022 The trustees Iwe pleasure in presenb'ng thelr report and the unaudited report & financial statements of Il £ty x the year ended 31M¥ch 2022. REFERENCE AND ADMINISTRATIVE DETAILS Referen and 8dmin15tratlve detsils are shown in the Sehadule of rrmibus of the board an¢J prof91cal advisers on Page 2 of the reFQrt and flnandal slatements. THE TRUSTEES The trustee5 who served charity during the pertod re as follows: Mr R B Waite Mr WA Madge Ms F Garrod Mr J Cannon M5 C Aashimi Mrs. R Odedra IAppDlntrrnt May 20221 Miss P Soares Ms N Vallois STRUCTURE, GOVERNANCE AND MANAGEMENT SHOC is a ¢harltsble company 16mlted by guarantee. It Is governed ty a Memor8ndurn and tideS of AssocK4ton. SHOC has seven directoryJ wffto rrttt S times a year ¥Ath the CEO and the ExecutNè Team. The wc4ect ThHnager runs the Day Centre and refers wt icy matters to the CEO fordecision. APPOINTMENT OF DIRECTORS Thè recruitment process is run by the Chair of Trustees and overseen by the CEO. Tho Bowd identifies the 8ki118 ¥thich rt needs wlthin i( and then sdvelyseeks people ¥Ath these skn'lls to apply to become • Trustee ofthecharity. Can¢Jthtes are wuir&S to complete an appltcation form setting out details about theMsett arhd their suitabllty for1Nsteeship. These applKalions a treated on a cdential basis, reviewed by Ihe Chair of Trustees and the CEO and matrhed against the sllls crlteda estsblished ty the Board. Prospective tnmtees are invited to attend a nurnbwof Board reeting as ab cbseNer. The directors are elected by Ihose attendlng the TnJst88 Meeting. DIRECTORS. TRAINING Because poor 9ovemance Costs more than rning to govern well. the Board invests in its govemance capacty. Trainlng and re-training are used to orient new members aswell a5 inLYease e5"ng members, skillsand und•rstsnding. Both Chair and Vice Chair recei specific IRining os necessary regarding chairing meetr'ngs the Board attend an annual day away. Outside monitoring a5SY8tance Ss alsa arranged 80 that the Board can exercise confidenlcontrol over organlsab'onal performance. Mechanisms are used to en¥ure the Board's ability to listen lo the bEnefarleS, viewpoints and valués. Govemance costs are prudentthough notat theexpenseofendaThJerfng the deVèlopmt8Th1 molntenance of SUper capability of Ihe Board. 31Page
SHOC, SLOUGH HOPAELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDÉD 31 MARCH 2022 TRUSTEES. REPORT FOR THE YEAR ENDING 31 MARCH 2022 (CONTINUED) OWECTIVES AND ACTMTIES PRINCIPLE ACTMTY SHOC creates public benefft by providing, wthin a saf& fn'endly enwonment a comprehensi¥8 Pkage of to homelessness, ¥oual exclusion. and heatth issues and lo help peLyl8 maintain tr£ir 8cmMyJ8tion. The long-tam aiTh is to enable people to be reintsgrate¢J into mainstream socyaty. PUBLIC BENEFIT In accord8ncewth theabove oblectlves farthis year. and with due regard to the published charitycommission guidan on the operallon of the Public Benefit requiremnt of the Charities Act 2011, the Directo have undertaken appropriate aGlr¥ities in furtherance of those alms for the public benefft. Th15 ye8 activities. achievements and futwe plans are summarlsed below. ACHIEVEMENTS AND PEFRFORMANCE The Ststernent of Financlal Actwities is set out on page 7 Everyone ha8 the right to a 1me or at least a bod for th• nighL Our day ¥ervft£ exists becau8e Slouglt has no dear pLan to end rou) skeplng, 80 we WIN continue to provlde life6aving 8eNic& unb'l we end the need for anyone lo sleep fough in Slough. Thks year we helped 280 people sleeping rough in Slough. Ew doy assist on avgrage 26 people. provided 5,413 hot meals. 2.336 Show8, 1,407 ilems of dothing and 2.187 hours of coa¢hing. 69% of our guests had a drug or alcohol PrObM, 48% of OUT guests had a trntaI taN problem, 35% of our gL5ts had a probkm with their health and almost hdf of our guests h&J no recourse lo puUic fund& We ware able to access trea¢rlI for haff wr gsts bvt onty 9% moved off th streets into howng. Next year h&¥e plans to work c108er th Slough 8orough Coun1 and our pwtner Tririty to Fyovide more howng Oon5, help ffre people off the streets and to help crèate a houslng pathway that wlll end roioh sleeping in Sough for 9000. Reserrfes al 31st March 2022 was £102.68812021: £164,008). During this finanaal year we have been successfvl in receiving grants to cover the irnpxl oflhe COVED 19 pandembG while the organisats'on is exploring a new business as usual model of operations. The Trustees aim to operate on a break-even basis tsking one year WI another after woviding the appropnate range of services to our clients. have reported a def c4t of £61,320 for the financial year ended MarGh 2022 (2021.. £18,457 surplus). RESERVE POLICY A8 SH Is almost entirdy thjnded from 8hort-term grants which may not be renewed the pJiGy is lo retain in excess of 3 months operating Costs in cash within our unrestricted rese85 which at current level8 ofexpendifvre requires a figure in excess of £55.826 {2021'. £50.(W)01. On 31st March 2022. unrestricted generd reselves were a)Dve the level required to meet the Board's pollcy. 41Page
SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMEIITS FOR ThE YEAR EPLIED 31 IMRCH 2022 TRUSTEES, REPORT FOR THE YEAR ENDING 31 MARCH 2022 (CONTINUED FINANCIAL REVIEW RISK REVIEW Major risk8 Identified by the directors or trusteas Include.. seujring new gts to ffijnd the servic4s arKI financral sell- SU8ts'nability. InSurare policw are in place C4)vering employers and Publ liabilty, trustee's liatillty. bulldkng and nt¢rrta. PLANS FOR FUTURE PERIODS Next year we have F5 to work closer Slough Bwough Coundl and our partrTS Trinlty to provide m(xe houslng ¢)ptions ond help m¢e people oflthè streets and to help create a IK)u$lng pathway thatwll end rowJh pJ¢•pNI9 in sfough for gc4)d. RESPONSIBIUTIES OF THE TRUSTEES The INtee5 are re8p)nsibJ• for weparing the Trustees Annual Report and the rert & fin¢1¥1 Blat•m•nts in aLr0rdan with appllcable law and reguW'on& ' Company requires the trusfeeg to prepare a report & finanryal statements for each finarKil year. Under that law ihe trustees have elected to prepare the repNt & financi818tatements In ordance wth United Kingdom General ACpted Accounting PrxtKe Iunlted Kingdom Accounting Standards and applicable law). The report & financial statemnts required by law to gNe atn and fairvlew ofthe State ofaffairs ofthe charfty and of the surplus (deffic4t of the charity for Ihat pwbd. In fftn9 these reput & finarKial statenwts, the ITh are required to: ¥eknt 5uitabk xc¢)untlng poltcieg wd then •pY them consistenmy,. makelud9ements and estimates that are reasonable and prudent, prepare the report & flnanc5al stments on the going concem basis unkss it is inappropriate tQ PIne that the charty wll continue in operation. Tw5tee¥ are reSpSitIe for keeping proper tOl)nting ree>rd8 whk di8clcAe wilh reasonable atturxy at any time the finarla1 powb'on of the charity and which en8Ne them to ensure that mF<Jrt & Ilnancial 8taterynts conyty with C¢Jrnp3ns kt2006. The Trustee8 ore al¥0 resp)n8ible for safegUardg the assets of the charity and hence frjr I*Nig rea80nabk steps for the prevenknn deteclion of fraud aNI other Irregularbtles. Signed fAder oltrt trustees Ms A McGuire Charity Secretsry Oate: 7th Novemter 2022 SIPage
SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIAIITED 8Y GUARANTEE REPORT & FINANCIAL STATEMENTS FOR IHE YEAR ENDED 311AARCH 2022 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SLOUGH HOMELESS OUR CONCERN (SHOC I report to the Gharity trustees on my examination of1he ac¢ounts of the Company for the year eNlèd 31 March 2022. whlch are set out on pages 9 to 1. Responsibilities and ba818 of report As the thariW$ Irustees ofthe Company {who a 8160 the (threctors ofthe company for the puiposes of company law), you are responsible for the preparation of Ihe accounts in accordance with ts quIrernents of the Companies Act 2C#36 fthe 2008 Art). Having satisfied myself that the accounts of the Company are not wuired to be alited for this year under Part 16 of the 2008 A¢t and are eligible for independent examination. I report in $t of my examination of your charivs accounts as carried out under section 145 ofthe Chantr'es Act 2011 {'Ihe 2011 Acf,). In ¢arrylng OLrt my examination. I have followed the Direcb'ons given by the Charity Commission (under 5eth.on 14515)(b} ofthe 2011 Independent examinerf8 statement I have completed my examination. I confirm that no matsrial m2tters have rne to my attention which give5 me cause to believe that.. . accounting records were not kept in a¢¢ordan¢e bmth section 386 ofthe Companies Act 2006; or . the accounts do not accord with suGh ¢[d$, or . the accourrts do not comply with relwant accounting requirements unds section 396 ofthe CornpanEs Act 2006 other than any requirement that the arKount$ gr¥e a 'true and fail view which is not a matter Considered a5 Part of an independent examination.. or . the accounts have not been prepad in accordance with the Charities SORP FRS (102). I have no concems and have come across no oth8r matters in connection vAth the examination to which attenthjn should be d in this report in order lo enable a proper understanding of the accounts to be reach*S. Knights Chartered Accnts 11 Milbanke Court Milbanke Way Bracknell Berkshire RG121R Date.. 11 AJOJe IDZ 61Pa8e
SHOC, SLOUGH HOMELESS OUR CONCÉAII COIIPANY UMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR IIE YEAR ENDED 31 MARUI 2022 STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE} FOR THE YEAR ENDED 31 fdlARCH 2022 T•thi T41 F¥nd• Ftsn 111•J• 1&710 292.425 141 146 21&026 214 yrd 44TIT (X43WI 14457 The Stknnt ol ktivths irdudel •11 g•ln8 and losses in the yeor and thereth a stslement of total 8nLed gatrw and k)e1 has nol been prepAred. 71Paee
SHoC
SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
BALANCE SHEET AT 31 MARCH 2022
----- Start of picture text -----
NollB 2022 2021
I £
FlxedASRb;
Tangibe Assets 10 756 3,779
CurrentA1111815
Debtors arxl prepayments 11 718 693
Cash at bank end in hand 149.6 54 l9 U96
150,372 193,089
Credi ton: Amounts faDing due wltfl n one ymr 12 14. [+] l f8l
Net Cunent Asse1S 101,932 160,DO
Total__,. .. c:umnt /labll tim 102,68 J6f,009
Nat AsllllD 10 fill iM009
Income fund
Unrestricted funds 13, 14 1 [0] ?.ffl 16,(i
102,68 J6f,009
1D1g i /f( l(lg
----- End of picture text -----
For the year ending 31 March 2022 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 Ad. 2006.
The directors acknowledge their responsibility for:
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1) ensuring the company keeps accounting records which comply with Section 386; and
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2) preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the financial year, in accordance with the requirements of section 393, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as is applicable to the company.
These report & financial statements were approved by the members of the committee on the 7[th ] November 2022 and are signed on their behalf by: . .. .. . .. . .. . . .. . .. .. Ji f11V1 � William Alan Madge (f
William Alan Madge Trustee Company no.03579654
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SHOC. SLOUGH HOMELESS OUR CONCERN COAIPANY LIIITEO 8Y GUARANTEE REPORT & FINAIICIAL STATEIAENTS FOR THE YEAR ENDED 31 IIARCH 2022 NOTES TO THE FINANCIAL STATEMENTS IUITHE YEAR EPIDED 31 MARCH 2022 1 Ac¢ouDlthg pofKI•• Company Inforni•tlon' oddr•tstsflhe olPrt¥1sgr¥eFtw Ihe l•g•l WKI a¢knN¥btralnfirt( pw. Tre naiureoftrw ¢wlY8 ratityw pn"n1 •(knlbe• ¥¢ day tlding prxi¢al •upport to end 1me1¢¥s• In Slough. 1.1 Acmunlkng Mnv•nllon Th• rnport &ln8ncbl 8tsl•m•n18 havg h•n par1d under the hl$loriethl c¥)stnnI1on Jnd n J(toldCe with •Fplicatl• Unl actfjunling sland•rd•. th• Stat•nèntof Reee4nm•nd•d PrJ¢fjr•"Arxfjurfrffj Reportlng C11. 2CN (SCNgP W wwj CllnIeS Art m. flrAndal 8latom•nts w• Prl¥d In stwlng. thich l• the fvn(cxwl (x4rr•n¢y ofllw chwltth •. Pl(¥y InIS in thett fmrK4•1 ¥• Md•d kn th•n•w•st pouThl (È). fln8ndal staternents hab Ien prepared under the h+81¢4 cost rthv•nlon, moth"fiedto indu41 ts rBvalu¥l ol froehohj wopth and ts indLKlo in¥•¥trt prop•iti•s and crtn IMnd•l kwtrlrnnts at f•'r¥•lu•. Th• ndp91 •¢>)wn10ng wliries •r• Betout beb. 1.3 Charltabl• ftmd• UnoiLgd gèntrnl fun¢J•- th••e•relund8 whkh C bè uo•din accothc• th the olarllabkn cèl•d•ql ts dlgcTrlon ofth• direc#orn. 1A an be rneaNured Mlily. and il i• More likety tsn not that incre will be rec4lved. Chon&bon5 ar¥ recopnlwd Onr84. Otherdonatloni rewised cffjc•the Chtyh•6beennobhdoltrdonation url•M Ftrfomia candMon• of th¥ wrtwnL Inm• tax reti to doMlon8 rec4i¥ed uThlor Glft Aid of¢own•rrt kn r¢ra)gn•d •t th• kn ofU dMJbon. 91page
SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IIARCH 2022 NOTES TO THE FINANCIAL STATEMENTS ItR THE YEAR ENDED 31 MARCH 2022 (CONTINUED) 1.5 Exp•ndltur• EXlIu IB acojurrtod filr on w g(uua1 ba8. IfKlusl¥8 01 VAT. Cerfain expethire 1$ thdly attthrtable to spedk actr¥iti88 has be Ollaled to th05ecoBI ¢at•gorfj8s. 1.6 Ca•fft flow ¥Jtal•m•nt IN$tet$ hJ¥e taken alhantage of the exqrnpbon Sn Fironcial ReportlTrJ Stsndord 102 (re¥ised) frvm I¥JIng • wh fiow staknt In fv rewjrt & finKial slatements on groLThI8 thalU charfty ts smdl 1.7 T•nglble faed as8•ts Tangble ffixed assets Are knitialty rnoar4Jred at f4)st •nd eubsequenty nwasur•d 01 Ll)St or e11)n. t of d•predathy6 And wy lrnplnn¢nt10s. Depredallon is recogni6wJ 80 as lo wr518 off the cost or valual)n of as¥ets l•s8 their residual value8 0sr their on the follThg bales.. The gain or k4s OTrg on tr dsposd ol an as 1$ dtewrnined a8 the dlfference bolW8 th• sae woc••d$ tr cwryirtg wal olthe asset rec¢4Jni$ed in n81 IncoThrfaxth1Yré} fcf the year. ObYrth• Thm¥lrAngtym) of the lease 25% cffj a 8tr8lght-fm8 basls 25% on • itrnight-line baals Flxtsres and thg8 Eqltiet 1.8 Hollday pay a¢¢rul• The )IldayS period fvr all staff 1$ frrjn 1¥ ary lo 21 Decxmbèr arKI th• c4>mpan*8 rA)Jky utllse entiuen wlthin the perfod. A 18 ffl8 ¥1 the •x>)unt for unused hclhdayB atthe •nd ofth•fflnAndal yw. IOIPage
SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2022 MOTES TO THE HNANCIAL STATEMEPITS ICOMflNUEDI FOR THEYEAR ENDED 31 MARCH 2022 1.5 Expondiluro Expenditure is acv)unled for on an a¢xnRI basis, indusive of VAT. CertaSn expenditure is thredy attiibulabl8 to specific activities ¥nd has been allocated to those cost &egori¢$. 1.8 Cash flow statement The tnJstè8s have laken advantage of the exemptlon In Financial Reporting Standard 102 Irevisedl from induding a cash flow statement in the rerx>rt & fmancial statements on the grounds that the charty is small 1.7 Tanglblo Ilx¢d assets Tangible fixed asse1$ are inthalw m8asured at (zjsl and subsequenlty measured at Cost or valuati, net of depreciation and any impaim)enl losses. Depreiyalion 1$ rfjcognised so as to wrile off the cost or valuation of assets $$ their resldual values over their usthl lives on the following bases.. The gain OT ks$ 8ri$ing on the disposal of an a8sel is detemiTn•d as the dIffenCe befvRen the salè prrteeds and the carrying value of the asset and is r•¢ognised in net incomellexpendituie} forthe year. Leasehdd Improvements Fixtures 2nd fittings Equipment Over the remaining tern of tha lèase 25% on a straighl-line basis 25% on a straight-line basis 1A Hollday pay accruals The hdiday$ peric for •ll Staff 1$ from 11t January to 31* Dernr ¥nd thè companls Fdicy to utilise holiday enlillement withln tha riod. A promsion is made in the CoUnt for unused holmlays al the end of the fjnancial year. IIIPage
SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2022 NOTES TOTHE FINANCIALSTATEMENTS ICQNTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 2. Volunlary Income Toial JSA¥ athEsAd irAy FtyJnJBu 146 ¥3 HNViCCts•J 19 Lottery 19 Humdess thk ODn&ns v% Faff 14707 37.731 Trn¢thk 14.5 14512 73Y7 7>567 714 3. InGorning re8oureo8 from activiti¢$ for gerv4rting tunds 21 0145 6L45 zxo Invesknent incorne 20 2021 8anklrt&Tr 121Page
SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY UMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2022 S. Funthalslng ¢08t ef goods 801d and othor ¢08ts Toiaf 146 NOTES TO THE FINANCIAL STATEhlENTS ICONTIMUEDI FOR THE YEAR ENDED 31 AIARCH 2022 6. C¢>sts of charftable activitiÈ& by fund typ• •19•A 22151 214 7. Net Incomirvjrfoutgoingl r•sourc•s for the yearafter charging: Th15 6 after charglTr4: 2022 2021 D•pr4clatl3n 3,024 8. Staffing 20 202J ¥trtge rrKYtW number l emres ¢knrwJ the r was: M Ilme stsff member 2QZi Wages and sakrtes I seaJrtyoJ5ts Pen1 tn$t 151,994 11,195 199 IZ8SJ Tr di¢5 are ox61dered tobe ttE key cl the th?rtty orxl bky retnurRkn120X: Nfj). t¢Wher seThYr ManaGemert Team d the p)rt thfty. The Serk( PlanaTrt Team we remunerareo parent thJrfty4Tra rEc2ive rKJ remwattcfi f¥cffi NtrYje$S Ow Gxorn IsFKIQ12021: Mr). There We rK> kne$Wh)se arnL4I [emu*raik wa5 nxye. 9. Taxation Slough Homeless Our Concem (SHOC) 18 # reglstered charity and is therefore exempl from liabilty to taxation 11$ i)me and capiial gains. 131Page
SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2022 MOTES TOTHE RIIANCIAL $TATEIAEKr$ IcopiriNUÈDI FOR THEYEAR ENDED 31 IAARCH 2022 10. Ftd 4W•t• L••Mhold Improvements Ewlpm• Cost oi v•luath)n At l Aprll 2021 3,095 11095 At 31 Marth 2022 At l 2021 charge for year DisaI$ 6,188 1250 2,128 316 1023 At 31 March 2022 901 At 31 March 2022 562 194 756 At3J 14arth 2021 812 $7$7 11. D•btorn Am4Junt fallry duE 2021 Trade Tr¥ty Homeles5 Prepwnrts 235 718 12. Credltorn f•lllThJ due within on• y•ar 2021 Trth ueditors dl tay Pensi Trffj Ptoh 1,120 3,095 2J,452 139 142 141 Page
SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2022
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022
- Unrestricted income funds
Ge Fods Tot fund 14. Analysis of net assets beteen funds Generl unrstced reseres |
Blnc at 1 ,r 2021 Iom Editr £ £ Ble a 31 Mah 2022 £ |
Blnc at 1 ,r 2021 Iom Editr £ £ Ble a 31 Mah 2022 £ |
|---|---|---|
| 164,XJ 161198 (223,3} 10?6 |
||
| 16« 161~~1~~98 ~~C~~2~~2,3 l~~ 1oi6 |
||
Tagibe Cumt�/ Pt Liailte £ £ 755 101,93 755 101l9JJ Toa £ 1026 10?6 |
- Analysis of net assets between funds
15. Ultimate controlling party
The ultimate controlling party is Trinity Homeless Projects, a company limited by guarantee registered in England, number 06047635 and a registered charity, number 1118222, which is the sole member of the charitable company. Its principal activity is that of providing housing to homeless people. Consolidated financial statements can be found on the Companies House website.
16. Related party transactions
No payments were made in respect of any directors or their connected persons.
At 31 March 2022, Slough Homeless Our Concern (SHOC) had a balance of £39,945 (2021: £21,452) payable to Trinity Homeless Projects, the parent and ultimate controlling party of SHOC. 'There was nil amount owed by Trinity Homeless Projects (2021: £250) for transactions which had arisen in the year.
Trinity Homeless Projects raised a management charge of £6,360 (2021: £6,360) to cover the cost of running SHOC during the year.
This amount is shown within administrative expenditure in the charitable expenditure note within the SHOC financial statements.
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