£HOC' Company Regl$tratlon Numb?r: 03S79654 Charlty Number: 1070689 SHOC, SLOUGH HOMELESS OURCONCERN COMPANY LIMITED BY GUARANTEE REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
£Hoe' SHOC, SLOUGH HOMELESSOUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2025 CONTENTS PAGE Members of the Board and Professional Advisers Trustees, Annual Report Independent Examinerfs report Statement of Financial Activities Balan Sheet Notes to the report & financial statements 10 11 Page
£Hoe' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2025 Registered charity name SHOC, Slough Homeless Our Concem 1070689 Charity number Company registration number 03579654 Registered offlce 323 High Street Slough Berkshire SL1 1TX Trustees Mr. R B Waite Mr. W A Madge Mr. J Cannon Mr. J Davies (Appointed on 11 November 2024.. Resigned on 24 March 2025) Mr. D Jones (Appointed on 11 November 2024) Mr. R D Kay (Chair} Mrs. F Garrod {Resigned 14 June 2024) Mrs. R Odedra (Vice Chair) Mrs. J Shepherd (Appointed on 11 November 2024) Secretary Ms. A McGuire Independent Examiner James Foskett FCA Dux Advisory Limited Kennel Club House Gatehouse Way Aylesbury Buckinghamshire HP19 8DB Bankers Bardays Bank PLC Leicester, Leicestershire, LE87 2BB CCLA Investment Management Limited The COIF Charities Deposit Fund P O Box 12892, DunmowEssexCM6 gDL 21Page
glloe, SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2025 tyk sittf4 TRUSTEES. REPORT FOR THE YEAR ENDING 31 MARCH 2025 The truslees have pleasure in presenting their rewrt and the unaudited report & financial statements of the charty for the year ended 31 March 2025. REFERENCE AND ADMINISTRATIVE DETAILS Reference and administrative details 8re shown in the schedule of members of the board and professlonal advisers on page 2 of the report and financlal statements. THE TRUSTEES The trustees who served the charity during the period were as follows: Mr. R B Waite Mr. W A Madge Mr. J Cannon Mr. J Davies (Appointed on 11 November 2024. Resigned on 24 March 2025) Mr. D Jones (Appointed on 11 November 2024) Mr. R D Kay (Chair) Mrs. F Garrod (Resigned 14 June 2024) Mrs. R Odedra (Vice Chair) Mrs. J Shepherd (Appointed on 11 November 2024) STRUCTURE, GOVERNANCE AND MANAGEMENT SHOC is a charitable company limited by guaranlee. It is governed by a Memorandum and Articles of Assoclation. SHOC has up to eight direciors who meet five times a year with the Chief Executive Officer {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 actlvely seeks people with these skills to apply and become a Director or Trustee of the charity. Candidates are required to complete an application form setting out details about themselves and their suitability for directorship and trusteeship. These applications are treated on a confidential basis, reviewed by the Chair of Trustees and the CEO and matched against the skills criteria established by the Board. Prospective directors or Irustees are invlted to attend a number of Board meetings as an observer. The directors or trustees 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 capacty. Training and retraining are used to orient new members as well as increase exlstlng members, ski118 and underslanding. Both Chair and Vice Chair receive specific training as necessary regardlng 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 beneficlaries. viewpoints and values. Governan costs are prudent though not at the expense of endangering the development and maintenance of superior capability of the Board. 31 Page
£HOC' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2025 Èftpity * )IUPrf4 TRUSTEES, REPORT FOR THE YEAR ENDING 31 MARCH 2025 (CONTINUED) OBJECTIVES AND ACTIVITIES PRINCIPAL ACTIVITY SHOC creates public benefit by providing, wrthin a safe friendly environment, a comprehensive package of services to tackle homelessness, social exclusion, and heah issues and to help people maintain their a¢¢ommodalion. 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 activlties in furtherance of those aims for the public benefit. This yearfs activities, achievements and future plans are summarised below. VOLUNTEERS During the financial year SHOC hosted a Big Sleep Out fundraising event and there were 30 volunteers. There were also 12 regular volunteers who support the operations of the service to include personal care, hairdressing, preparing and serving of two meals during operational hours six days a week and on Christmas Day. Total volunteer hours were 5.705 and only £36 was reimbursed in expenses. ACHIEVEMENTS AND PERFORMANCE The Statement of Financial Activities is set out on page 8. Growing Hope In Slough This year has tested every part of our service. Rough sleeping in Slough remains at record highs, and the pressure on our team has been relentless - with an average of 53 people coming through our doors every day seeking help. safety, and hope. And yet, even under this weight. our team has risen. We adapted, collaborated, and fought to create space for the most vulnerable...and it's working. Turning Pressure into Progress Through close collaboration with the Rough Sleeper Team and Housing Needs Team and Trinty, more people are being housed than ever. We have reviewed our practices, refocusing on people who are street homeless and Signposting those in temporary accommodation to the most appropriate services protecting staff capacity while improving outcomes. Despite the daily challenges, we have become part of the new local delivery partnership group led by Slough Borough Council {SBC) and Homeless Link, ensuring our voice is central in reshaping the homelessness pathway. These first green shoots are small, but they are real - and growing. Buildlng the Future We are negotiating a new central site to replace the Quaker Meeting Hall, which we wlll leave in June. This short-term base will buy us time as we continue searching for a permanent home. a vital step toward addressing local need. SBC have asked us to help develop and run a new 7-bed hostel 41Page
gHOQ' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 IiÈE TRUSTEES, REPORT FOR THE YEAR ENDING 31 MARCH 2025 (CONTINUED) We have submitted a proposal for a second supported neighbourhood housing 30 people and will be opening four new houses this summer. Step by step, we are creating a new pathway and places of safety for the most vulnerable people in Slough. RoaGhing Further, Caring Deaper We are ci>designing a women's project with Turning Point. ensuring women can shape their own support. We are supporting refugees referred by the Home Office. helping them navigate complex syslems and take their first steps toward stability. We continue to support the local Polish community. even arranging for a dentist to provide on-site check-ups. The Big Sleep Out raised £21 k, delivering £16k net profit and rallying our whole community around our mission. We were named as the Mayorfs Charity of the Year. The community is standing with us and that strength is prlceless. Holding the Llne Despite cash pressures, income recelved by March 2025 was £252k, thanks in part to 8 £125.5k strategic donation from THP, Our unrestricted reserves were 19 % above the minimum, and cash stood at £261 k, givlng us breathing space to continue our vital work while planning the future. We are rebulldlng stability while still delivering. 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 require a figure in excess of £66.156 (2024: £5g,482). On 31 st March 2025, unrestricted general reserves were above the level required lo meet the Board's policy and the trustees felt they were adequate but not excessive given the current economic environment. FINANCIAL REVIEW The financial stslements showed a deficit of £12.8k at 31 MaTch 2025. A restricted grant of £4k received towards specrfic projecls was defeed to the 202&26 financial year. Total restricted reserves at 31 March 2025 was £6k. GOING CONCERN The Trustees have a reasonable exp8Ctation that the charty has adequate resources to continue in operational existence for the foreseeable future. For this reason, they conlinue to adopt the golng concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. 51 Page
gu06 SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2025 X¢ TRUSTEES, REPORT FOR THE YEAR ENDING 31 MARCH 2025 (CONTINUED) RISK REVIEW Major risks identified by the directors or trustees indude securing new grants to fund the services and financial self- sustainability. Insuran policies are in place coverlng employers and public liability, trustee5' liability, building and contents. FUTURE PLANS Look6ng Foard Even while under immense pressure, the team has never stopped showing up. They are the community of change in Slough - proving every day that compassion can be stronger than crisis. We are preparing to launch our new 'Connection Days. programme to bring local businesses into our mission and planning our next Big Sleepout on World Homeless Day (10 Oclober 2025). Beyond every number, every statistic, are the lives that matter most - people who are moving from the streels into homes, from Grisis into stsbility, from isolation into communty. Together. we are not just responding to homelessness. we are building a future without it. RESPONSIBILITIES OF THE TRUSTEES The trustees are responslble for preparing the Trustees, Annual Report and the report and financial statements in accordance with applicable law and regulations. Company law requires the trustees to prepare a report and financial ststements for each financial year. Under that law the trustees have elected to prepare the report and financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The report and financial statements are required by law to give a true and fair view of the state of affairs of the charity and of the surplu5 or deficit of the charity for that period. In preparing these reports and financial statements. the trustees are required to: select suitable accounting policies and then apply them consistently: make judgemenls and estimales that are reasonable and prudent.. prepare the report and financial statements on the going concem basis unless it is inappropriate to presume that the charty will continue in operation. Trustees are responsible for keeplng proper accounting records which disdose with reasonable accuracy at any time Ihe financial position of the charity and which enable them to ensure that the report and financial statements comply with the Companies Act 2006. Trustees are also responsible for safeguarding the assets of the charty and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed by ord r of the trustees Ms A M¢Guire Charity Secretary Date: 3rd November 2025 61 Page
£lloe' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY UMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2025 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SLOUGH HOMELESS OUR CONCERN (SHOC) I report to the Trustees on my examlnation of the accounts of SHOC, Slough Homeless Our Concem for the year ended 31 Marth 2025 which are set out on pages 7 to 14 Respect1 responsibilltles of trustees and examlner The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companles Act 2006 {"the 2006 Act.). The trustees are satisfied that an audlt is not required for this year under sectlon 144(2) of the Charities Act 2011 (the 2011 Act) and have chosen instead to have an Independent examination. Having satisfied myself that the accounts of the charitsble company are not required to be audlted under Part 16 of the 2006 Act and are ellglble for Indepe.ndent examination. I report in respect of my examination of the charitable companls accounts as carried out under section 145 of the 2011 Act. In carrying oul my examination I have folk)wed the requirements of the applicable D1ctIonS given by the Charity Commission under section 145(5Xb) of the 2011 Act. Independent oxaminer's ststement Since the charity's gross income exceeded £250,000, l your examiner must be a member of a body listsd In section 145 of the 2011 Act. I can confinn that l am quallfied to undertake the examination because l am a registered member of ICAEW whlch is one of the listed bodies. I have Mpleted rny examlnation. I confirm that no matters have cxjme to my attentlon giving me cause to believe that In any materfal respect: accounting records were not kept in respect of the Company as required by sectlon 386 of the 2006 Act; or 2. the accounts do not accord wlth those records; or 3. the accounls do not cornply with the accounling requiremenls of section 396 of the 2006 Act other than any requirement that the acGounts give a 'true and fair view which is not a matter considered as part of an Independent examination; or 4. the accounts have not been prepared In accordance with the methods and prindples of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charitles preparing their accounts in accordan with the Financial Reportlng Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concems 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 understsnding of the accounts to be reached. FCA Dux Advisory Limiled Kennel Club House Gatehouse Way Aylesbury Buckinghamshire HP19 8DB 71Page
£HOC' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE) FOR THE YEAR ENDED 31 MARCH 2025 Totsl Funds 2025 Totol Funds 2024 Unrellrlcted Fund5 Restrlrted Funds Unrestrirted Fund5 Restrirted Funds Income from: Volurbtary Income Artivitiesforgeneratin8 fvnds Investment Income 238.607 9.091 172 4,000 242 9.091 172 221784 224.784 7,790 188 Totsl Ir4¢ome 247,870 4.1100 251,870 230.762 232,762 Expendliure on: Rolslngfvnds 4480 6,480 3,259 3,259 Charftable actlvltle5 Chaiitable expenditure Totsl EmndItUre 258,145 264,625 258.145 264,625 234,667 237,926 237,926 Nel Incornellexpenditur¢ltor the year (16.7551 112.7551 (7,164} (5,164J Reconelllètlon of fndS., Fund balafi brou8ht forward: 14 95,353 97.353 102.517 Fund balance tarried forward 14 78.598 6,000 84.598 95,353 97.353 The Ststement of Financial ActNlties indudes all gains and losses in the year and therefore a ststement of total recognised gains and losses has not been prepared. All the above amounts relate to continuing activities. Th• nots8 numbered 1 to 17 fomi part of theso financlal 5Lit8monts. 81 Page
gHOC' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY UMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 4Èe BALANCE SHEET FOR THE BALANCE SHEE[ AT 31 MARCH 2025 2024 Flxed Assets Tan8ible Assets li 1,775 CuTrent Assèts Dèbtor5 and prepayments Cash at bank and In hand 12 1,511 261.LK)6 262.517 I0.603) Z072 270,883 27Z955 f177,377J Credftors: Amounts fall5 due wlthln on• Netcurrent A55ets 13 8L914 Totsl •ssets less current Ilabllltles 84.598 97,353 Net Assets 84W8 97,353 Intomend Unrestricted fund5 Restrl¢ted funds 14 14 78,598 95.353 Tot•1 Fund5 84.598 97.353 For the year ending 31 March 2025, the Gompany 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: 1) ensuring the company keeps accounting records which comply with Section 386; and 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 profrt or loss for the financial year, in accordance with the requirements of section 393. and which otherwise comply with the requiremenls of the Companies Act relating to accounls, so far as is applicable to the Gompany. These report & financial statements were approved by the members of the committee on 3 November 2025 and are signed on their behalf by: William Alan Madge Director and Trustee Company no. 03579654 The notes numbered I to 17 forni part of th•s8 flnanclal slalements. 91 Page
gHoc' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS IUITrEYEAR ENDED 31 MARCH 2023 l A¢countlng pollcles Company infom)ation' Slough Homeless Our Concem is a charitable company limited by guarantee incorpordted in England and Wales. The address of the registered office is given on the legal and administrativ8 information page. The nature of the charity's operalions and principal activities are day care seNi¢es including practical support to end homelessness in Slough. q.1 Accounting convention The ffinancial ststernents have been prepared in accordance with the charitsble company's gov8mlng documenL th8 Companies Act 2006 and 'A¢counting and Reporting by Charities: Statement of Recommended Practice applicable to Charities pr8parlng their accounts in a¢¢ordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). {as amended for accounting periods commencing from 1 January 2019). The charitable company is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded lo the nearest pound (£). The financial stst8m8nts have been prepared under the historical cost convention. modified to include the valUation of freehold properties and to include investment properties and ¢ertaln financlal instruments at fair value. The principal accounting policies adopted are set out below. 1.2 Golng concern The Trustees Confirm that there ar8 no fundamental uncertainties allrt the charlty's abilty to pay debts as they fall due for at least a year from when the accounts are signed and therefore the accounts have been prepad on a going cOnM basls. 1.3 Charitable funds Unrestricted general funds- these are funds which can be used in accordance viith the charitable objects at the discretion of the directors. Restricted funds -these are funds for the p8rfomance of specffic projects and activities and they will be deployed on completion of th8 sp8cific projects and activities. 1.4 Income Income is reLognised when the Charity is legally entiued lo it after any perfomiance conditions have been met. the amounts can be measured reliably, and it is more Ilkely than not that income will be recelved. Cash donations a cOgnISed on r8C8iPt. Other donations are ffjcogntsed oncethe Charity has been notffied of the donation unless perfOnanCe conditions require deferral of the amounL Income tax recoverable in latiOn to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on reGeipt or otherwise rflhe Charity has been notffied of an impending distribution. the amount is known, and receipt is expected. If the amount is not known. the legacy is treated as a contingent asset. 1.5 Expendlture Expenditure is accounted for on an 8c¢rual basls. inclusive of VAT. Certain expenditure is diredy attrlbutable lo specific activities and has baen allocat8d to those cost categories. IOIPage
gHOC' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY UMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ÉAtir4 SiUfi4 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 1.6 Cash flow statement. The trustees have tsken advantage of the exemption In Flnancial Reporting Standard 102 (revised) from Includlng a cash flow slatement in the report & financial ststements on the grounds that the charity is small. 1.7 Tangible fix assets Tangible fixed as58ts are initialty measured at cost and subsequently measured at cost or valuation. net of depreciation and any impainnent losses. Depreciation is recognised to write off the cost or valuation of assets less their r8sidual values overtheir useful lives on the following bases.. The gain or loss arising on the disposal of an asset Is detennined as the dlfference between the sal8 preedS and the carying value of the asset and is recognised ID. nel incomel(expenditure} for the year. Leasehold improvements Fixtures and fittings Equipment Over the remaining temi of the lease 25% on a straight-line b8SIS 25% on a straight-llne basls 1.8 Debtors Trade and other debtors ar8 r8cognised al the settlement amount. Prepayments are valued at the amount prepald. 1.9 Cash at bank and In hand Cash Includes cash in hand. deposits held at call wlth banks. arKI other short-temi Ilquld Investments. 2.0 Liabllltles and provisions Liabilities are recognised when there is an obligation at the balance sheel date of a past event. It is probable that a transfer of economic benefit will be required in setuement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount the Charity anticipates it will pay to settle the debt or the amount it has received as advanced paymerrts for the goods or seNices it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Holiday pay accruals The holidays period for all staff is from 1st January to 3181 December and the company's policy is to Ulise holiday entitlement wthin the period. A provision is made in the financial statements for unused holidays at the end of the financial year. 2.1 Judgements and k•y sourcos of estimation uncertainty Estimates and judgements are continually evaluatad and are based on historical exp8rtence and other factors Ihat are believed to be reasonable under the clrcumstances. The are no SIgnifnt 8stimate8 and judgements used In the preparation of these financial ststements. IIIPage
SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THEYEAR ENDED 31 MARCH 2025 3. Voluntary Income Unrestrlcted R¢$lth¢t Funds Funds 2025 Total Funds 21Y15 Unr8$trict&d Restrlcted Funds Funds 2024 2024 Tof81 Funds 2024 Lottery g Sleep Out Et Charities Aid Found8tton Donations Trinlty Homeless Projects Other Servic85 Income 14.959 19,477 2.788 69.414 124501 14959 19.477 106,627 106.627 41XIO 73A14 125.)1 80.112 30.600 2¥607 4.000 K607 222, 784 224. 784 unlescted Restslcted Funds Fund 2025 Totsl Funds 2025 Umestrirted Rtrstrided Funds Funds 2024 2024 Total Funds 2024 4AcdwMlu for generaling funds Fundraising Ewits 9.lJ91 9091 9.lJ91 9,091 5. Investsnent Income Unr•strlctèd Reslrfcknl Funds Funds 2025 Totsl Funds 2025 Unrpslrlcted Re8tn"cted FLtrKIs Funds 2024 2024 Total Funds 2024 Bank Interest 172 172 188 172 172 Cost ofrnlslng fund• Unr••trl¢t¢d Restrlcted Funds Funds 2025 Unr8strld8d Restrlcted Fwrd8 2024 Total Funds 2024 Fund$ 2024 Fundraising A¢liviies 3259 6.480 1259 3,259 7. Cost of charflable actlvltles byfund Unréstrlcted Restrlcted Funds Fund8 2025 2025 Unr081ri¢ted Rg*rfcted FufK18 2024 Total Funds 2024 Fund¥ 2024 Leaming Day Centre 258.145 258.143 234.667 234,667 258,145 258.145 234,667 234.667 121Page
gHOC' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 8. Net Incomingloutgoing) resources for the year after charglng: This is after charging: 2025 2024 Depreciation Independent Examination Fee 330 2,884 58 2,556 9. Staffing 2025 2024 The sv8rag8 monthty number olemployees durin9 thè year wag.. Full tlmè staff m&mber 2025 2024 W8ges and $a18rles S*tsJrlty Costs Pellsion wanso 167,47# 161,940 9,664 7.09S 186,474 174494 Th¢ dtrectors are conslderèy to bo thè key management of Ihe ¢ha¥lty and they iecel%ed no rernun8ratk)n12024 Nill, tOy8ther with the Senlor Management Team of Trinty H¢Jm£lass Projects chartty. Durinp the year no Tyustses oxpen898 were pakl12024'. NIII. The Senkm M8nag8m8nt Team ar8 rèrnunèr8t8d by Trfnlty Pbmele$8 Projects charlty and no remunerats)n from SHOC, Slough Homèk99 Our Conc12024.. NIII. Ther8W8re no ernployaas whose annual remunera¢bn was £60,tth or MOR. 10. Taxation Slough Homeless Our Concem {SHOC) is a regist8red charity and is therefore exempt from liability to taxation on its ¢harltable Income and capital gains. 131 Page
guoc, SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 W SLLYrf4 NOTES TO THE FINANCIAL STATEMENTS {CONTIMVED) FOR THE YEAR ENDED 31 MARCH 2025 11. Flxed assets Furniture and Flttlngs Leasehold Improvements Total Equlpment Cost or valuallon At IApril 2024 Addltlons during the year 9,000 1,833 3,095 1,239 13,928 1.239 At 31 March 2025 1,833 4,334 15,167 Depredation At IApril 2024 Charge for the year 9,000 58 175 3,095 155 12,153 330 At 31 March 2025 9,000 233 3,250 12A83 At 31 March 2025 1,600 2,684 At31 Math 2024 1,775 1,775 12. Debtorn Amount falling due within one year: 2025 2024 Trdde debtors Prepayments 960 1112 1031 1.511 2,072 13. Creditors Amount falling due within one year 2025 2024 Trade creditors Payroll and taxes Pension Trinity Homele55 Projects Trinity Activities Other Creditors Accruals 1,337 3,787 2.188 83,375 49.835 28,014 8,841 3,993 1,032 97,273 49,625 18.196 9.714 180.603 177,377 141Page
gHoc' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2025 NOTES TO TrIE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14. SL*ement of funds Current year Balan at I April 2024 Balanc• at 31 Income Expendlture March 2025 General funds Restricted funds 95,353 2.000 247,870 4,000 1264,625) 78.598 6,000 Total funds 97,353 251,870 264,625 84,598 Prior year Restated Balance at 31 March 2024 Balance at 1 Apn'l 2023 Income Expenditure General fvnds Restricted funds 102,517 230. 762 2,000 (237,926) 95.353 Tot81 funds 102.517 232, 762 237,926 97,353 15. Analy818 of not assets between funds Current >•ar Current Assetsl Llabllltl•s Tangible Assets Total General unrestrlCtj ras8rve8 Restrtcl&Y rerVeS 2,684 75,914 6.000 78,598 6.000 2,684 81,914 84,598 Fhi¥year. restated Current Asset abilities Tangible Total General unrestrided reserves RestrIc1 reser 1,775 93.578 95.353 1,775 95,578 97,353 1SIPage
gHOC' SHOC, SLOUGH HOMELESS OUR CONCERN COMPANY LIMITED BY GUARANTEE REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16. Ultlmate ¢ontrolllng party SHOC, Slough Homeless Our Concem is an Sndependent charity that promdes 8 day service for homeless pejple. The offer of a day service complements with the vlsSon of Trinity Homeless Projects, who provides financial support 8$ neaed. Th1$ Is the case. as there ts no gUlar or guaranle&l income stream to operate the day 5Ce. Con$tituti)nally SHOC, SIgh Homeless Our Concern Is mandated to apply for grants and organlse fundralslng actwilies for a sustslnable future. 17. Related party tran8aclions SHOC, SIou9h Homglgss Our Con¢8m is an independet)t chaT5ty and has o)mmon tW5tE851dir•¢tors with Tthlty Homel&ss Proj¢ts (Cornpany Reglstratlon Number 08047635 and Charty Number 11182221 and Tmily Icornpany Reglslrath)n Number 014 and Ch?rsty Nurnbèr 10756921 No paym•nts weT6 made in respect ol any dtrp¢tors or Iheir eonneetJ persons. At 31 Marth 2025 SHOC, Slough trkjmeless Our Concern had a balane• of£g7.273 {2024: £83.375 I payable tr Trfnty Homeless Prolects. There wo$ Nil amount owed by Trfnty H)melgs$ Projecls12024: Nil) for transacllons whth had arisen in the ye8T. At 31 March 2025 SHOC, Slwgh Horneless Our Cijncem had a balan of £49,62512024: £49,835) payable to Trfny Pthb•S. subsldlary of Trfnty H)ml¢s$ Pfc¥ects Grnip. There Nil arnwnt by Trinlty ktMtles12024.' Nil) for Iransaction$ whth had arfsen In the ypar. Trinity Fbmeless Pmleets ralsed a rnan•gem¢nl charge of £7,1S212024: £7,1521 to cer the eosl of funnlng SHOC, Slough H)rneless Our Concem during th• yw. This amount is shown 1h1n administrati eypenditurtr in the tharilable ey4)endilure r10 7thin the financ&1 statements. 161Page