£Hoc' kiwfl stÉlf￿1 Company R•gl¥tratlon Numbor: 03J79654 Charlty Number: 1070689 SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 £Hoc' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2024 thiik g44P CONTENTS PAGE Members of the Board and Professional Advisers Trustees, Annual Report Independent Examinerfs report Statement of Financial Activities Balance Sheet Notes to the report & financial statements £Hoc' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2024 Registered charity name SHOC, Slough Homeless Our Concern Charity number 1070689 Company registration number 03579654 Registered office Quakers Meeting House 74 Ragstone Road Slough Berkshire SL12PX Trustees Mr. R B Waite Mr. WA Madg8 Ms. F Garrod (Reslgned on 14 June 2024) Mr. J Cannon Ms. C Al-Hashlml (Re8lgned on 20 February 2024) Mr. R D Kay (Chair, Appolnted 11 Novembar 2024) Mrs. R Odedra {Vlce Chalr, Appointed 11 November 2024) Ms. N Vallols (Raslgned on 5 September 2023) Secretary Ms. A McGulr8 Independent Examlner Lee Stokes FCA Haysmac LLP Chartered Accountants & Statutory Auditors 10 Queen Street Place London EC4R 1AG Bankers The Royal Bank of Scotland 67 High Street Slough Berkshlre SL1 18Z Metro Bank 1 Southampton Row London WC1B SHA Barclays Bank PLC Leicester, Leicestershire, LE87, 2BB CCLA Investment Management Limited The COIF Charitles Deposlt Fund St Alphage House 2 Fore Street London EC2YSAQ Solicitors Messrs Fairchild Dobbs 18ulstrode Way Gerrad Cross Bucklnghamshire SL97QT 21 Page £lloc' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2024 ItV/il TRUSTEES, REPORT FOR THE YEAR ENDING 31 MARCH 2024 The trustees have pleasure in presenting their report and the unaudited report & financial statements of the charity for the year ended 31 March 2024. REFERENCE AND ADMINISTRATIVE DETAILS Reference and admlnistrative detalls are shown in the schedule of members of the board and prof6sslonal advisers on page 2 of the report and financial statements. THE TRUSTEES The trustees who served the charity during the period were as follows: Mr R B Walte Mr WA Madge Ms. F Garrod (Resigned on 14 June 2024) Mr J Cannon Ms C Al-Hashlmi (Resl9ned on 20 February 2024) Mr R D Kay (Chair, Appointed 11 November 2024) Mrs. R Odedra (Vice Chair, Appolnted 11 Novemb8r 2024) Ms N Vallois (Reslgned on 5 S8Pt8mber 2023) STRUCTURE, GOVERNANCE AND MANAGEMENT SHOC is a charitable company Ilmlted by guarantee, It is governed by a Memorandum and Articles of Assoclation. SHOC has up to eight directors who meet five times a year with the CEO and the Executiv6 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 Chalr of Trustees and overseen by the CEO. The 8oard Identifies the skills whlch It needs within it, and then actlvely seeks people with these skills to apply to become a Trustee of the charity. Candldates are required to complete an application form setting out details about themselves and their sultabllity for trusteeshlp. These applicatlons are treated on a confidential basis, revlewed by the Chair of Truste8s and the CEO and matched agalnstthe skills criteria established by the Board. Prospective trustees are invited to attend a number of Board meelings a5 an observer. The directors are elected by those attending the Trustee Meetin9. DIRECTORS, TRAINING Because poor governance costs more than learning to govern well, the Board Invests in its governance capacity. Training and re-training are used to orlent new members as well as increase existing members, skills and understanding. Both Chair and Vice Chalr receive specific training as necessary regardlng chairing meetings 8nd the Board attend an annual day away. Outside monitoring assistance is also arranged so that the Board can exercise confident control over organlsational performance. Mechanisms are used to ensure the Board's ability to listen to the beneficiaries, viewpoints and values. Govemance costs are prudent though not atthe expense of endangering the development and maintenance of superior capability of the Board. gHOC' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2024 TRUSTEES, REPORT FOR THE YEAR ENDING 31 MARCH 2023 (CONTINUED) OBJECTIVES AND ACTIVITIES PRINCIPAL ACTIVITY SHOC creates publlc benefil by providing, within a safe friendly envlronment. a comprehensive package of servlces to tackle 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 thls year, and with due regard to the published charlty Commlsslon guidance on the operation of the Public Benefit requirement of the Charities Act 2011, the Directors have undertaken appropriate adivities in furtherance of those aims for the public benefit. This year's actlvitles, achievements and future plans are summarised below. ACHIEVEMENTS AND PERFORMANCE The Statement of Financial Activities is set out on page 7. Everyone has the rlght to a home or at least a bed for the nlght. This year we have helped 397 people forced to sleep rough in Slough. Thls Is the thlrd year In a row that numbers have Increased. This includes 237 people who used our Service for the first time, 134 people who slept rough for the first time and 120 people who returned to living on the street. Our records show that 95 % of people who have slept rough in Slough dld so for over a month. The average time of people sleeping rough In Slough is 1 year and 2 months. Average daily attendance is 43, up 100/0 on last year. We have provlded 20,000 meals this year as well as over 2,000 showers and 1,200 items of clothing and each person recelved an average of 10 hours 121 support. Reserves at 31st March 2024 was £97,353 {2022: £102,517). The Trustees aim to operate on a break-even basls taklng one year wlth another after providing the appropriate range of services to our clients. We have reported a deficit of £5,164 for the financial year ended March 2024 (2023.. £171 deficit). 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 resenies which at current levels of expenditure requires a figure in excess of £59,482 (2023.. £59,809). On 31st March 2024, unrestricted general reserves were above the level required to meet the Board's policy and the trustees felt they were adequate but not excessive glven the current economic envlronment. £Hoo' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2024 TRUSTEES, REPORT FOR THE YEAR ENDING 31 MARCH 2023 (CONTINUED) FINANCIAL REVIEW RISK REVIEW Major risks identified by the direclors or trustees Include securing new grants to fund the services and financial self- sustainabillty. Insurance policies are in place covering employers and public Ilabllity, trustee's liability, building and contents. FUTURE PLANS We will contlnue to work wlth Slough Borough Council. local agencies and Trinlty Homeless Projects to build housing pathway that wlll reduce the number of people sleeping rough and end homelessness in Slough. RESPONSIBILITIES OF THE TRUSTEES The trustees are responsible for preparing the Trustees Annual Report and the report & financlal statements in accordance wlth appllcable law and regulations, Company law requires the trustees lo prepare a report & financial statements for each financlal year. Ur)der that law Ihe trustees have elecled to prepare the report and financlal statements in accordance with United Klngdom Generally Accepted Accounting Practlce (Unlled Kingdom Accounting Standards and applicable law). The report & financial statemenls are required by law to glve a true and fair view of the stale of affairs of the charity and of the surplus or deficit of the charity for that period. In preparlng these reports and financlal statements, the trustees are requlred to.. select suitable accountlng pollcles and then apply them consistently., make judgements and estimates that are reasonable and prudent,. prepare the report and financial statements on the going concern basis unless it is Inappropriate to presume thal the charity will continue in operation. 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 Ihat the report & financial statements comply with the Companies Act 2006. Trustees are also responsible for safeguardlng the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed by order of the trustees Ms A McGuire Charity Secretary Date: 111h November 2024 £lloc' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SLOUGH HOMELESS OUR CONCERN (SHOC) I report to the Trustees on my examination of the accounts of SHOC, Slough Homeless Our Concern for the year ended 31 March 2024 which are set out on pages 7 to 14. Respectlve responslbllltles of trustees and examiner The trustees (who are also the directors of th8 company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 {'the 2006 Act.). The trustees are satisfiad that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and have chosen instead to have an independent examination. Having satisfiad myself that the accounts of the charitable company ar8 not requlred to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the haritable company's accounts as carried out under section 145 of the 2011 Act. In carrying out rny examination I have followed the requirernents of the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examlner's statement Since the charity has prepared its accounts on an accruals basis. l your examiner must be a member of a body listed in the 2011 Act. I can confirm that l am qualified to undertake the examination because l am a register8d member of ICAEW which is one of the listed bodies. I have completed my examlnatlon. I confimi that no matters have come to my attention glvlng me cause to belleve that in any materlal respect: accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with th8 accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and falr view which is not a matter considered as part of an independent examination., or 4. the accounts have not been prepared in accordance wlth the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. 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. Lee Stokes FCA Haysmac LLP 10 Queen Street Place London EC4R 1AG Iq ltsllk 61Page glloc, SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2024 STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE) FOR THE YEAR ENDED 31 MARCH 2024 Totsl Funds 2024 Total Funds 2023 Unr*itrl£t•d R•sirlcttd Fundi Funds Unrestricted Funds ReJtrltted Fund5 Not• Incom• from: Voluntary incorne Actsvities for generatini funds Investment Incorne 222,784 7,790 188 224.784 7,790 188 235.004 4,030 32 4,030 32 Totsl Incom• 230,762 232 762 239.066 239 066 Exp•ndltur• on: Rolslnqlunds 3,259 3,259 S,975 Charllabl• 4ctlvltl•s Charitable expenditure Total ExpÈndltup• 234,667 237 926 234 667 237 926 233,262 239,237 233,262 239,237 N*t In£omellè¥p•ndlturel for th• y•ar 17,164 } 15,1641 1171 J (171) R•conclllatlon of fundj: Fund balance brouihi forward.. 14 101,517 102,517 102,688 IOZ688 Fund b•l•nc• c•rrl•d forward 14 95,353 2,000 97.353 102.517 102,517 The Statement of Flnanclal Activltles includes all galns and losses In the year and therefore a statement of total recognised galns and losses has not been prepared. All the above amounts relate to contlnulng activities, Th• not•1 numb•r•d 1 to 17 lorm part of th•1• fln•nclal •tat•mgnts. gHoc' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2024 BALANCE SHEET FOR THE BALANCE SHEET AT 31 MARCH 2024 Note 2024 2023 Flxed Ass•ts Tan8lble Assets li 1,775 Currttnt Assets Debtors and PTepayrnents Cash at bank and In hand 12 2,072 270 883 272,955 1.878 251.778 149 261 Credltois: Amounts f•lllnidu• wlthln on• ye•r N•tCurrent As%•ts 95,578 202.517 T•t•l •si•ts1•s1 ¢uri•nt Il•bllltlei 97,353 102,517 N•t AHets 102517 Incom• lund Unre$trl¢led funds Re5trlcled fvnds 14 14 95.353 102.517 Totsl Fundi For the year endlng 31 March 2024 the company was enlltled to exemptlon from audlt under section 477 (2) of the Comp8nles Act 2006. The members have not requlred the company to oblaln an audit In accordance wlth sectlon 476 of the Companies Act 2006, The dlrectors acknowledge thelr re8ponslbillty for: 1 } ensurlng the company keeps accountlng records whlch comply wtth Sectlon 386; and 2) preparlng accounts whlch glve a true and falr view of the stste of affalrs of the company as at the end of the fln8nclal year, and of Its profit or1088 for the flnanclal year, in accordance wSth the requlrements of $8Ction 393, and which otheThvlse comply wlth the requirements of the Companle8 Act relatlng to accounts, so far as Is appllcable to the company. These report & flnanclal stalements were approved by the members of the committee on the 111h November 2024 and are signed on their behalf by: William Alan Madge Director and Truslee Company no. 03579654 Th• not•• numb•r•d 1 to 17 foim part of th•se Ilnanclal stat•m•nt•. £Hoe' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPOR T & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2024 NOTE6 TO THE FINANCIAL 8TATEMeNT8 IrATHE YEAR ENDED 31 MARCH 2024 l Accountlng poll¢l•• Company Infomiatlon. Slough Hom81ess Our Concem18 e charftsble company Ilmlted by guarantee Incorporated In England and Wale8. Th¢ oddre8s of the regl8tsred office is glven on the legal and admlnlslratlve Infomiatlon page. The nature of the charfty'8 operallonB and prlnclpal 8CtlvStle$ are day care ser¥lce$ Includlng practlcal 8UPPOrt to end homele8$ne88 In Slough. 1.1 Accountlng GOn￿ntIOn The financlal 8tatements have been prepared In occordance wlth the charftsble company's govemlng document, the Companle8 Act 2006 and "Accounllng and Reportlng by Charitle8.' Statsment of Recommended Practlce 8ppllc8ble to charftles preparlng thelr accounts In accordance wlth the Flnanclal Reportlng Stsndard appllcable In the UK and Republic of Ireland {FRS 102). (88 amended for 8¢counllng porlods commenclng from 1 January 2019). The chadtable company Is a Publlc Benefft Enllty a8 dellned by FRS 102. The lln8ncl818tatament8 afe prepared In 8terllng, whlch18 the funcllonal ¢urren¢y ol the charllablo company. Monelary amount8 In these financl818tat8ment$ are rounded to the nearest pound (£). The financlal 8tatemenl8 have b8en prepared under thè hl8torlcal cost convantlon, modlflad to Includo th6 r6V8luatlon of freehold prop8rtt88 8nd lo Include Inve8tm8ni propertles and ¢ert8ln financlal In8truments at falr value. The prfnclpal accounung pollcl88 8dopled are 8et out below. 1.2 Golng conc•rn The TfUStee8 conflmi thal there are no fund8montal unc•rtalnlle8 ebout the charlty'8 ablllty to pay debts 88 thty fall due for at least a year from when the accounts are 8lgned and therefore the accounts have be8n prepared on 8 golrg conc•m ba818. 1.3 Charllabl• funds Unregtrfcted general furtd8- the6e are fund8 whlch be used In accord8n¢e vAlh Ihe charftable object8 81 lh8 diBcrellon of Iha dlrecior8. 1.4 Incom• Income Is racogn18ed when the Charlty16 legally enlltled to It after any performance condlllons have been mel, the amount8 can be measured rellably, and It 18 more Ilkely than not that Income wlll be recelved. C88h donatlons are recognlsed on rec6lpl. Olher donallon8 are recogn188d once th8 Charlty ha8 been notffied of the donatlon unles8 perfofmanc8 condluons requlre deferral of the amount. Income tax recoverable In relatlon to donatlon8 r•colved under Glft Ald or de8d8 of covenant18 recognl8ed at the tlme of the don8tlon, Legacles are recognlsed on ￿ce1￿ or othemiise If the Charlty has been notlned ol an Impending distributlon. thg amount Is known, and recelpt Is expeded. If the amount18 nol known, the legaGy Is treated 86 8 contlngent a888t. 1.6 Expendftur• Expendlture Is accounted for on an accfual basls, Incluslve of VAT. Certaln expendlture Is direclly allributsble to specillc actlviti88 and has been 811ocated to those Cost categorles. £lloc' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NOTE8 TO THE FINANCIAL 8TATEMENTS ICONTINUEDI FOR THEYEAR ENDED 31 MARCH 2024 1.6 Cash flow Statement. The trustees have taken advantag8 of Ihe exemption In Flnancial Reporting Standard 102 Irevisedl from Includlng 8 cash flow statement in the report & financial 5tstements on the grounds that the charlty Is small. 1.7 Tanglble flxed assets Tangible fixed assets are InitSally measured at cost and subsequently measured at cost or valuation, net of depreciation and any impalrm8nt108888. Depreclatlon16 recognlsed 80 as to write off trie c08t or valuation of assats1668 thelr resldual values over thelr useful live8 on the followlng bases.. The galn or1085 ar181ng on the dl8pos81 of an asset 18 determlned 88 the dlff8rence betWe8n the Sale prtxeed8 and the carrylng value of the asset and Is recognlsed In net incomel{expendllure} for the year. Leasehold Improv8m&nt8 Fixtures and fittlng8 Equlpment Over the remalnlng tenn of Ih818ase 25V• on e 8tralght-line basls 250A on a 8tralght-Iln8 b8818 1.8 Debtor8 Trade and other debtors are recogn188d al the 8ettlement amount. Prepayments are valued at the amount prepald. 1.9 Cash at bank and In hand Cash Includ88 ca8h In hand, d8posll8 held at call wlth banks. and other short-term Ilquld Inve8tm8nt8. 2.0 Llabllltles and provislons Llabllllles are recognlsed when there18 an obllgatlon 81 the b81ance sheet date of a past event. It Is probable that a transfer of economic benefit wlll be required In settlement, and the 8mount of the settlement can be estimated rellably. Llabllllles are re¢ognised at Ihe arnount the Charity anticipates it wlll pay to settle the debt or the amounl It has recelved 88 advanced payments for th8 goods or servlces11 must provide. Provisions are measured at the best estimale of the amounts required to settle the obllgatlon. Hollday pay accruals The holldays period for all staff Is from 1Jl January to 31&1 December and the company's pollcy Is to utllise holiday entitlement wlthln the Perlod. A provision Is made In the financial statement8 for unused holidays at the end of the financial year. 2.1 Judgom•nts and key sources of 88tlmatlon uncortalnty Estlmates and judgements ar8 continually evaluated and are based on hlstorical expgrience and other faGtor8 that ar8 believed lo be reasonable under the circumstances. The￿ are no significant estimates and judgem8ntS U88d In the preparatlon of these financial statements. £Hoc' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2024 NOTES TO TrIE FINANCIAL STATEMENTS ICONTINUEDI FOR THEYEAR ENDED 31 MARCH 2024 3. Voluntary Income Unrestrlrted Funds 1024 R•strlcted Funds 2024 Tot•1 Fund$ 2024 Unrestrjtted Funds 2023 Restrlcted Funds 2023 Totul Funds 2023 Bl8 Lottery CharitlesAld Foundatlon Don•tlons Trlnity Homèless Prolècts Other SeThlces Income 106,627 1,983 78,112 30,600 106.627 1,983 00.112 30,6CQ 5,462 224.784 J08,870 2,564 36,521 86.234 815 104870 2,564 36,521 86.234 815 235,W4 iooo Unrestrlrted Funds 2024 ft•sirlrt•d Fund5 2014 Total Funds 2024 Unrestricted Funds 2023 Restricted Funds 2023 Torol Funds 2023 4.Actlvltles for 8eneratlni funds Fundraiyng Events 7,790 7790 4,030 5. Investment Income Unrestrlct•d Funds 2024 R¢strlct•d Funds 1024 Total Funds 2024 Unrestri¢ted Fund5 2023 Restrlcted Funds 2023 Totol Fund5 2023 Bank Interest 188 32 188 32 32 6. Cost of ralsln8 fvnds Unr•slrl¢t•d Funds 2024 R•strlet•d Funds 2024 Tot•1 Funds 2024 Unrestrlcled Funds 2023 Re5trlcted Fund5 2023 Totol Funds 2023 Fundrai9fig ktlblties 3.259 3.159 5,975 5975 7. Cost of Charltable actlvitles by fund Unr•$trlrted Funds 2024 Restrlrted Fynds 2024 Total Funds 2024 Unresrricted Funds 2023 Re5trlcted Fund5 2023 Totql Funds 2023 Leaming Day Cenlre 234.667 234.667 233,262 233,262 234 667 234 667 111 I, £HOQ' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 8. Net Incomlnglloulgolng) resources for the year after charglng: 2024 2023 Depreciation Independent Examination Fee 58 2,556 3,024 2,400 9. Stafflng 2024 2023 The average monthly number of employees durfno the year was: Full Ilm• •taff m•mb•r Z024 2033 Wases and salarles Soclal Securlty costs Penslon expense 161,940 9,664 6,890 151,994 11,195 6,199 169388 The dlrettors are consldered to be the key management ol the charlty and they recelved Trj ￿muneratIOn (2023: NII}, together wlth the Sensor Management Team of the parent Cha￿ty. Durlng the year no Trustees expenses were pald12023.. NII). The Senlor Management Team are remunerated by the parert charfty and recelve no ￿muneratIon from SHC(, Slough Homeless Our COn￿rn {2023,. NII), There were no employee5 whose annual ￿m￿neratIOn wa5 £60,000 or more. 10. Toxatlon Slough Homele88 Our Concem ISHOCI Is a registered charfty and Is therefore exempt from Ilabllity to taxation on its income and capital galns. £Hoc' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11. Flxad a88ets Furnlture and Flttln85 Leasehold Improvements Total Equlpment Cost or valuatlon At l Aprll 2023 Addltions durln8 the year 9,000 3,095 12.095 1.833 1,833 At 31 March 2024 9,000 1,833 13,928 Depreclatlon At l Aprll 2023 Charge for the year 9,000 3,095 12,095 58 58 At 31 March 2024 9,000 58 12,153 At 31 March 2024 1,775 1,775 At 31 March 2023 12. Doblors Amount f•lllng due wlthln one y••r: 2024 2023 Trade debtors Prepayments 960 1,112 815 1,063 13. Credltors Amount f•lllng due wlthln one year: 2024 2023 Trade creditor5 Payroll and taxes Penslon Trinity Homeless Projetts Trinity Actlvltles Other Creditors Accruals 1,337 3,787 2,188 83,375 49.835 28.014 8.841 1,235 1,464 961 59,267 50.000 27.031 9.303 177,377 149,261 1315, £HOC' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 klXIcil Sillfi NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 14. Slatsmont of funds Balonce at I April 2023 Balance at 31 March 2024 Income Expendlture General funds Restrlrted funds 102,517 230,762 2,000 1237,926) 95,353 2,000 Total funds 102,517 232.762 237,926 } 97,353 Prlor yeor Balonce at I April 2022 Balance ot 31 Morch 2023 Income Expendlture Generolfunds 102,688 239,066 239,237 102,517 Totalfunds 102,688 239,066 239,237 102,517 15. Analy$l8 of not a•8•t8 b•twoen fund• Current Assets/ Llabllltles Tanglble Assets Total General unrestrlcted resenies Restrlcted reserves 1,775 93,578 2,000 95,353 2,000 1,775 95,578 97,353 Prloryeor Tangible Current Assets/ Assets Liobilities Totol Generol unrestricted reserves 102,517 102,517 lQ2,517 102,517 141 I, £Hoc' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2024 ¢ihfrfi I*wik S(IIFI 16. Ulllmato controlllng party SHOC, Slough Homeless Our co￿eM is an independènt charity that provldes a day service for home￿$S people. The offer of a day service compl8m8nts with the vision of Trinity Homeless Prolècts, who provides finarKial support as needed. This Is the case, as there is no regular or guaranteed income stream to operate thè day séNlce. Constitutionally SHOC. Slough Homeless Our Conc8m is mandated to apply for grants organlse fLmdraisirvJ aclivities for a sustainablllty futLKe. 17. R•lat6d party tran8a¢llon8 SHOC. SbLyh Hom•i•$$ Ow co￿0rnI8 an I￿Jep￿rI1aftl ¢hArily has common Irwl8osldlroclcrs ￿th Trinlly Homth88 Pro￿¢t$ (Comp8ry Regist￿￿ON Numb•r ¢)6047635 aTrJ Charlty Number 11182221 oré Thnlly A¢￿"¥•ti•S (Compary Reglstrallon Numt•r 03683014 Clwrtty Number 10756921 No payments mad• In Mspecl ol ary