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2024-03-31-accounts

Trustees' Report and Financial Statements for the year ended 31 March 2024

Working with people who are homeless and vulnerably housed

www.trinitywinchester.org.uk

Registered Company No: 03705365 Registered Charity No: 1074604

TRINITY WINCHESTER

Trustees’ Report and Financial Statements for the year ended 31 March 2024

CONTENTS

Page
Trustees' Report 1 - 11
Auditor’s Report 12 - 15
Statement of Financial
Activities 16
Balance Sheet 17
Statement of Cash
Flows 18
Notes to the Accounts 19 – 27

TRINITY WINCHESTER

TRUSTEES’ REPORT

for the year ended 31 March 2024

Trustees’ Report 2024

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report and the financial statements for the year ended 31 March 2024.

Objectives and Activities

Trinity Winchester is a charity which addresses the effects of homelessness and vulnerability through specialist practical and emotional support and proactive prevention, empowering positive change. We help people who are suffering from and are vulnerable to the effects of homelessness, addiction, physical and mental illhealth, poverty, social isolation and domestic abuse. We offer solutions, hope, choice and control.

Achievement and Performance

Trinity Winchester is a strategic organisation partner of Winchester City Council in addressing homelessness locally. Our holistic programme of direct access services alongside supported accommodation provides life-changing benefits for our homeless and other vulnerable clients.

Key achievements in year

Demand for day services delivered from Bradbury House showed a steady increase throughout the year. Our central drop-in features were all fully reinstated following the Covid pandemic, with vital healthcare services fully available. Counselling activities expanded well beyond pre-Covid provision and other wellbeing activities were put in place. Trinity’s outreach team, funded by Winchester City Council, intervened rapidly to provide help to any new rough sleepers in the city, including working at weekends. The Women’s Service continued to thrive.

In June 2023 we reached the second anniversary of the opening of Bradbury View, our accommodation project adjoining the drop-in centre. The Trustees are pleased to report that Bradbury View continues to demonstrate that changing lives for the better by providing housing with support services under one roof is an achievable long-term ambition. Since opening Alleyne House in 2019 and Bradbury View in 2021, we have confirmed our belief that once a person settles into safe, secure housing and begins to feel looked after, they experience a sense of belonging and start to regain a sense of purpose and direction.

We are tremendously grateful to our loyal and most established funders and partners, Winchester City Council, major grant-making trusts and all who have again committed significant funding to Trinity. We would like to extend our thanks to all our supporters, including many local organisations and individuals who have been so generous.

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TRINITY WINCHESTER

TRUSTEES’ REPORT

for the year ended 31 March 2024

Trinity successfully retained the NCVO’s Trusted Charity status, an organisationwide quality assurance kitemark, for a further three years.

Trinity's Direct Access Services (Drop-in)

We offer support and interventions, from the basics of food and shelter to advice and information about benefits, housing, alcohol and drug use and harm minimisation; signposting to key services; healthcare; learning and skills development; confidencebuilding recreational activities; preparing for employment; counselling and domestic abuse programmes; hot nutritious meals and bathing and laundry facilities.

We worked with 642 individuals in 2023/24 (2023: 539), 238 of whom were new to Trinity (2023: 176). Of those accessing our services, 122 presented as homeless (sleeping rough or sofa-surfing) (2023: 136) and 420 were in temporary housing (2023: 252).

Outreach

The Trinity outreach team navigators, in partnership with Winchester City Council, supported any new rough sleepers in the community through morning outreach visits within the city centre area of Winchester, reaching 106 individuals during 2023/24 (2023: 49). Rough sleepers received hot drinks, advice and signposting to key agencies and were encouraged to engage with our services. We are then able to assist them to a triage appointment with Winchester City Council to determine their immediate housing needs. All agencies involved continue to collaborate in a preventative strategy aimed at swift intervention and the minimisation of rough sleeping. In 2023/4 we were commissioned by the Police and Crime Commissioner’s Safer Communities Fund to provide an additional anti-social behaviour outreach service in the city centre, which was a success both for the individuals given assistance and the wider business community.

Homelessness prevention

Trinity helps people to retain successful tenancies, resulting in fewer evictions. We support people who are in temporary or permanent accommodation, helping them with budgeting and paying bills, liaising with landlords, and supporting them to feel safe in their own homes and within their communities. During 2023/24 we continued to work with private landlords and housing associations to seek to increase the supply of rented properties available for former rough sleepers, providing support to landlords hesitant to let to this client group and to the clients themselves, for as long as it takes for them to move on to living independently. Trinity continued in its capacity as a landlord supporting residents with the transition to permanent accommodation.

Skills development

A crucial part of our work is the provision of a range of structured and informal learning opportunities for our clients. Courses provided include IT, Life Skills, Debt

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TRINITY WINCHESTER

TRUSTEES’ REPORT

for the year ended 31 March 2024

Management and Budgeting, Art and Craft, Gardening and Volunteering programmes. These help to develop lifelong skills and build confidence and selfesteem, making real changes to people’s lives. Numbers of learners increased again in 2023/24 as day services in Bradbury House continued to be rebuilt. This year 446 learners (2023: 345) took part in a variety of Zoom and virtual learning groups and classes. Job Club and Employment Preparedness sessions offered help with searching for jobs, writing CVs, interview skills and mock interviews. We offered opportunities to gain nationally recognised qualifications and provide access to work experience. We are indebted to Lane Clark & Peacock and Capsticks for facilitating interview skills practice and to Selwood and Lainston House for providing work placement and employment opportunities for Trinity clients. We also thank our peer mentors who, through their own lived experience, are able to pass on their newly acquired skills whilst supporting others. Despite the continuing challenges, 46 people found paid or voluntary employment in 2023/24 (2023: 36).

Healthcare

As part of our commitment to providing proactive and preventative healthcare services in-house, we deliver a programme of health promotion and therapies, supported by other NHS healthcare providers. This includes primary healthcare and mental health interventions, delivered by St Clements Surgery at our in-house surgery at Bradbury House. Overall the St Clements practice delivered an average of 30 (2023: 30) GP and nurse appointments per week. Dental clinics, funded by Simply Health, were provided monthly by dental charity Dentaid’s bus; optician appointments were provided by NHS England. The number of people accessing healthcare services across 2023/24 was 430 (2023: 267). Advice was offered throughout the year on mental health issues, substance use and harm minimisation, smoking cessation, sexual health, domestic abuse, eating well and nutrition. Access to emotional first aid, such as mindfulness, homeopathy, meditation and other problem-solving therapies which help people develop strategies to manage life events and challenges, was also available throughout the year. Trinity continued to work with the Royal Hampshire County Hospital, including its mental health unit, Melbury Lodge, in multi-agency intervention, to prevent patients being discharged back on to the streets.

Trinity's counselling services continued to expand throughout 2023/24 to meet the increasing demand and more complex needs of socially isolated individuals wanting to develop coping mechanisms and changed patterns of behaviour. Challenging deep-set beliefs and negative thought patterns, participants reported that counselling helped with anger management, depression and anxiety. We also continued to offer Dual Diagnosis counselling for clients suffering from both addiction and mental illhealth. In total 293 individuals were engaged in therapy during the year (2023: 224).

Trinity’s accommodation

Wrap-around support was provided to residents of Bradbury View, who have complex and high support needs. The accommodation comprises 12 self-contained

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TRINITY WINCHESTER

TRUSTEES’ REPORT

for the year ended 31 March 2024

flatlets adjacent to Bradbury House day centre and bordering the Winnall Moors nature reserve. The psychologically informed design with a communal lounge and kitchen helps to reduce feelings of isolation and promotes positive relationship building. All of Trinity’s day services were available to residents throughout the week. Night workers provided overnight security and weekend workers ensured that needs could be met seven days a week. Residents received regular tenancy support, including managing finances, shopping, cooking and gardening groups and a recovery group. A particular highlight of the year was again putting on a real family Christmas. The holistic approach taken by Trinity enabled residents to take the first steps in establishing themselves in a safe and therapeutic environment.

Alleyne House, generously leased on a peppercorn rent by the former High Sheriff of Hampshire, Mark Thistlethwayte, provides 8 self-contained accommodation units of transitional accommodation for people leaving the criminal justice system with lower support needs. Alleyne House has embedded into the local community and has established itself as a good neighbour.

In 2023/24, Trinity offered 7,078 bednights at Bradbury View and Alleyne House, with a 97.75% occupancy rate (2023: 6,995, 96%). We housed 19 people at the start of the year. 11 moved out during the year; of those, 6 moved on to more independent accommodation with reduced or no support and 5 into more appropriate supported accommodation (2023: 11, 6, 5). In addition, one room was abandoned by the resident and sadly one resident died. New residents moved in and there were again 19 people housed at the year end.

Trinity Women's Service

Women’s homelessness is often under-reported and frequently linked to experiences of abuse. Our thriving Women's Service provides specialised interventions for women facing often complex co-existing difficulties such as mental ill-health, substance use and domestic abuse. We offer individually tailored programmes of counselling, peer group support, complementary therapies, empowerment classes, outings and social get-togethers. Our clients can also access the nationally recognised Freedom Programme for people experiencing domestic abuse. Our client-centred interventions and signposting helped individuals both emotionally and practically to come to terms with, manage and move on from abusive and at times life-threatening situations. Participants consistently reported increased wellbeing and confidence. We continued to offer Equine Therapy in partnership with Tower House Horses. This gives our clients quiet reflective time around nature and horses. A total of 179 women engaged with the Women’s Service in 2023/24 (2023: 127).

Other Partnerships

Partnership working plays a key part in the delivery of our services. As well as our closest partner, Winchester City Council, we also worked with STOP Domestic Abuse, Winchester City Council’s outreach team, A2, Hampshire Probation, Catch22, the Domestic Abuse Forum, MARAC (Multi-Agency Risk Assessment

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TRINITY WINCHESTER

TRUSTEES’ REPORT

for the year ended 31 March 2024

Conference) and The Winchester Beacon. Multi-agency working included Children’s Services, the Community Mental Health Team, Inclusion Winchester, housing providers, GPs, health visitors, HM Prison Winchester and the Royal Hampshire County Hospital to ensure a seamless pathway of intervention and support. Our productive partnership with Winchester University continued with Trinity delivering bespoke lectures at the University for psychology and social work students covering domestic abuse, poverty and homelessness, and opening multiple placements to Social Work students.

Fundraising

Fundraising activities in 2023/24 again exceeded challenging objectives set by the Trustees. Trinity is registered with the Fundraising Regulator and adheres to charity sector regulations and guidelines including the Fundraising Code of Practice. We are committed to protecting privacy and only use personal data that we collect in line with applicable laws, including the General Data Protection Regulation (GDPR): data is not shared, sold, swapped or rented to third parties for marketing purposes; communication is only sent to those who want it in the method they have agreed to.

Financial review

Income targets for 2023/24 were met and exceeded as a result of exceptional fundraising efforts. Expenditure was controlled as prices rose, but additional costs compared to budget were incurred in all categories except salaries. The organisation had a surplus of £195,331. £176,625 was received in the year towards a new capital appeal, leaving an underlying surplus of £18,346 compared with the previous year’s underlying deficit of £31,404. The depreciation charge for the year was £79,476, which is fully funded by appeal funds represented by the depreciation fund. No other call was made in 2023/24 on the organisation’s designated funds.

Unrestricted funds, excluding our depreciation reserve of £2.3m and other designated funds, were £344,375 at the year-end (2023: £305,141), while restricted reserves increased to £450,266 (2023: £234,693). Details of funds are included in the notes to the accounts.

Income and expenditure

The Trustees are pleased to report that their objective of delivering stability and sustainable financial performance was met again in 2023/24 despite the challenges of increasing costs. During the year revenue income was £1,149,142 (including £176,625 for the new capital appeal) compared with £1,037,485 (including £160,054 capital appeal) in 2022/23. The underlying income figure was therefore £972,517 as against £877,431 in 2022/23.

We are particularly grateful to the National Lottery for £83,007 in the year, the third year of a 5-year funding commitment which provides a bedrock of support for the residents of Bradbury View and enables security and long-term planning for this

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TRINITY WINCHESTER

TRUSTEES’ REPORT

for the year ended 31 March 2024

project. Strong support continued from Winchester City Council, including an additional housing support grant, and significant grant income was also received from Garfield Weston Foundation, Horlock Educational Trust, Thomas Roberts Trust, the Community Organisations Cost of Living Fund, Simply Health, Places Foundation, the Office of the Police and Crime Commissioner and Beatrice Laing Charitable Trust. Generous donations were received from other grant-making charities, corporate, personal and other local donors.

Revenue expenditure for the year was £953,811, compared with £908,835 in 2022/23. This increase was the result of a higher than usual increase in salaries across the board to reflect inflation pressures, increased premises costs due to rising utility bills, increased food costs and higher interest rates on our outstanding loan.

Reserves

The Trustees consider it prudent regularly to review Trinity's reserves policy having regard to the need to:

Free Reserves

The charity’s free reserves represent unrestricted reserves, excluding designated funds, fixed assets and long-term liabilities. These stood at £352,138 (2023: £331,874), between 4 and 5 months’ running costs.

Plans for Future Periods

The Trustees continue to monitor carefully both income generation and expenditure. Increases in staffing and energy costs mean that annual expenditure across the charity will grow again in 2024/25, by an estimated 3.5%. We seek further multi-year funding to ensure the long-term viability of the provision of the additional support that is fundamental to the success of Bradbury View. The success of the capital appeal launched in 2022/23 looks set to enable us in the coming financial year to purchase 5 units of move-on accommodation for those individuals who are ready for more independent living than is on offer at Bradbury View, but who still require some support. We also plan to convert the existing building to incorporate 3 emergency housing rooms for victims of domestic abuse and ‘night stop’ emergency bed use.

The budget for 2024/25 is for a £30,000 operational surplus against revenue funds. The Trustees consider that Trinity is in a strong financial position and can continue to deliver high quality services while maintaining cash balances sufficient to cover 3 to 6 months’ operating costs.

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TRINITY WINCHESTER

TRUSTEES’ REPORT

for the year ended 31 March 2024

Structure, Governance and Management

The Trustees, who are also directors of the charity, control the organisation’s longterm direction and focus.

At the Annual General Meeting each year Trustees who were elected three or more years ago automatically retire from office but are eligible for re-election up to a maximum of three terms. The Board has the power to appoint new trustees at any time and to fill vacancies arising through the resignation or death of a trustee. Any appointment is governed by the articles of association of the charity. Paul Murray continued as chair throughout the year.

Members of the charity have voting rights at the Annual General Meeting. During the year to 31 March 2024 there were 35 members (2023: 35). If the charity is dissolved, any member who has held office within 12 months of dissolution will be liable to pay an amount up to £1 towards the cost of dissolution and the liabilities incurred by the charity while they were a member.

Day-to-day decision-making is delegated to senior staff. During 2023/24 Sue McKenna continued as Chief Executive, and Hannah Scott as Operations Director with responsibility for management of service delivery. The Trustees acknowledge the tremendous commitment shown throughout the year by Sue, Hannah and the rest of the staff team and the immense contribution of our many volunteers.

The remuneration of the Chief Executive is determined by the Trustees. Remuneration levels of all other staff are the responsibility of the Chief Executive; these are measured against benchmarking tools including the Trustees’ annual salary review and local comparators.

The Charity has up-to-date policies and procedures for the recruitment, induction and training of trustees to ensure that individuals are fully aware of their roles within the organisation and their responsibilities both internally and within the wider field of charity law. The Trustees regularly review the risks facing the charity through the maintenance of a Risk Register. Where major risks are identified, systems are put in place to mitigate their effect.

Trinity Winchester Supported Housing, Trinity’s wholly owned subsidiary company, was dormant in 2023/24.

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TRINITY WINCHESTER

TRUSTEES’ REPORT

for the year ended 31 March 2024

The Trustees who have served during the year and up to the date of this report are as follows:

A Ashton A Barron S Broadbent F Coulter (resigned 10 July 2024) A Fitzgerald-Barron A Girling (appointed 21 June 2023) A Goldsby S Jones (resigned 1 October 2023) D Macartney P Murray P Raw S Robinson J Spencer A Thompson

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TRINITY WINCHESTER TRUSTEES’ REPORT

for the year ended 31 March 2024

Reference and Administrative Details

Governing Instrument The Charity was incorporated on 1st February 1999
and is a company limited by guarantee and not having
a share capital. It is governed by its Memorandum and
Articles of Association, which were amended in June
2018.
Registered Company No. 03705365
Registered Charity No. 1074604
Members The Subscribers to the Memorandum of Association
and other members elected by the Board of Trustees
shall, with their agreement, be admitted to
membership of the company.
Trustees The first Trustees, and directors of the charity, were
the subscribers to the Memorandum of Association.
The Board of Trustees shall have powers to appoint
any member of the Company to be a Trustee subject
to their agreement.
Chief Executive Sue McKenna
Registered Office The Trinity Centre, Bradbury House, Durngate Place,
Winchester SO23 8DX
Bankers Royal Bank of Scotland Plc, 105 High Street,
Winchester SO23 9DA
CAF Bank Ltd, 25 Kings Hill Avenue, Kings Hill, West
Malling, Kent ME19 4JQ
Auditors Hopper Williams & Bell Limited, Highland House,
Mayflower Close, Chandlers Ford, Eastleigh,
Hampshire SO53 4AR

Public Benefit

The charity provides a benefit to the public through addressing the effects of homelessness and vulnerability by providing specialist practical and emotional support and proactive prevention. The Trustees confirm that they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission.

Statement of Trustees’ Responsibilities

The Trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including

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TRINITY WINCHESTER TRUSTEES’ REPORT

for the year ended 31 March 2024

Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’.

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the Trustees are aware:

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TRINITY WINCHESTER

TRUSTEES’ REPORT

for the year ended 31 March 2024

Statement of Trustees’ Responsibilities (continued)

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of Trustees on 18[th] September 2024 and signed on its behalf by:

24 Sep 2024

P T Murray Chairman

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REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS OF TRINITY WINCHESTER

Opinion

We have audited the financial statements of Trinity Winchester (the ‘Charity’) for the year ended 31 March 2024 which comprise Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows, and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors’ responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:

REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS OF TRINITY WINCHESTER

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ Annual Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

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REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS OF TRINITY WINCHESTER

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Charity or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/ auditorsresponsibilities. This description forms part of our auditor’s report.

Extent to which the audit was capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. Due to the inherent limitations of an audit, there is a risk that we will not detect all irregularities even though the audit has been properly planned and performed in accordance with the ISAs (UK). The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

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REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS OF TRINITY WINCHESTER

Use of our report

This report is made solely to the Charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Charity's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity's members as a body, for our audit work, for this report, or for the opinions we have formed.

Michaela Johns FCCA (Senior Statutory Auditor) For and on behalf of Hopper Williams & Bell Limited Statutory Auditor Highland House Mayflower Close Chandlers Ford, Eastleigh Hampshire SO53 4AR

Date: 24 Sep 2024

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TRINITY WINCHESTER

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) for the year ended 31 March 2024

**Unrestricted ** Restricted Total Funds Unrestricted Restricted Total Funds
Funds Funds 2024 Funds Funds 2023
Note £ £ £ £ £ £
Income and expenditure
Income from:
Donations and legacies
Capital appeal 4 - 176,625 176,625 - 160,054 160,054
Other grants and donations 5 340,964 370,188 711,152 384,968 274,251 659,219
Charitable activities
Grants and contracts 6 - 27,522 27,522 - 21,630 21,630
Other charitable income 7 28,341 - 28,341 26,167 - 26,167
Housing income 8 181,127 - 181,127 167,202 - 167,202
Investments 9 24,375 - 24,375 3,213 - 3,213
Total income 574,807 574,335 1,149,142 581,550 455,935 1,037,485
Expenditure on:
Raising funds 10 83,999 7,500 91,499 84,737 6,307 91,044
Charitable activities 11 450,056 251,652 701,708 366,469 314,138 680,607
Housing 12 60,994 99,610 160,604 137,184 - 137,184
Total expenditure 595,049 358,762 953,811 588,390 320,445 908,835
Net income/(expenditure) (20,242) 215,573 195,331 (6,840) 135,490 128,650
Balances brought forward at 1
April 2023 20 2,740,514 234,693 2,975,207 2,720,272 99,203 2,846,557
Balances carried forward at
31 March 2024 20 2,720,272 450,266 3,170,538 2,740,514 234,693 2,975,207

The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.

The notes on pages 19-27 form part of the financial statements.

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TRINITY WINCHESTER

BALANCE SHEET

As at 31 March 2024

2024 2023
Note £ £ £ £
Fixed assets
Tangible Fixed Assets 14 2,428,102 2,507,578
Current assets
Debtors 15 122,215 85,048
Cash at bank and in hand 874,612 659,311
996,827 744,359
Creditors: amounts falling
due within one year 16 74,423 77,792
Net current assets 922,404 666,567
Total assets less current liabilities 3,350,506 3,174,145
Creditors: amounts falling
due over one year 18 179,968 198,938
Net assets 3,170,538 2,975,207
Funds
Restricted funds 20 450,266 234,693
Unrestricted funds
Designated funds 20 2,375,897 2,435,373
General funds 20 344,375 305,141
2,720,272 2,740,514
3,170,538 2,975,207

These accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.

These financial statements were approved by the Trustees on 18th September 2024 and are signed on their behalf by:

24 Sep 2024

P T Murray Chairman

Company registration number: 03705365

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TRINITY WINCHESTER

STATEMENT OF CASH FLOWS

For the year ended 31 March 2024

Cash flows from operating activities
Net movement in funds
Add back depreciation charge
Deduct interest income shown below in investing activities
Increase in debtors
Decrease in creditors
Net cash provided by operating activities
Cash flows from investing activities
Interest income
Cash gained in investing activities
Cash flows from financing activities
Repayment of borrowings
Cash used in financing activities
Increase in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Total cash and cash equivalents at the end of the year		 2024
2023
£
£
195,331
128,650
79,476
81,110
(24,375)
(3,213)
(37,167)
(6,177)
(3,078)
(33,802)
210,187
166,568
24,375
3,213
24,375
3,213
(19,261)
(20,559)
(19,261)
(20,559)
215,301
149,222
659,311
510,089
874,612
659,311

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TRINITY WINCHESTER

NOTES TO THE ACCOUNTS

Year ended 31 March 2024

1 General information

Trinity Winchester is a charitable company limited by guarantee incorporated in England and Wales and is registered with the Charity Commission in England and Wales. The address of its registered office is: Bradbury House, Durngate Place, Winchester, Hampshire, SO23 8DX.

2 Accounting policies

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value.

Trinity Winchester meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at the transaction value unless otherwise stated in the relevant accounting policy notes.

The financial statements are presented in sterling (£), which is also the functional currency of the charity and rounded to the nearest £.

The Trustees, in accordance with The Charity (Accounts and Reports) Regulations 2008, Chapter 3 paragraph 19, have taken advantage of the exemption relating to the requirement to prepare group accounts on the basis that the inclusion of the subsidiary undertaking is not material for the purposes of giving a true and fair view.

Fund accounting

Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds. Included within unrestricted funds are designated funds which the Trustees have set aside for future specific purposes or projects. Funds that have been designated for specific purposes do not form part of the free reserves of the charity.

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund, together with an appropriate allocation of management and support costs.

Incoming resources

Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable. Donated assets are included in the accounts when received. They are valued at the amount the charity would have had to pay to acquire them.

Investment income

Investment income consists of bank interest and is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

Donated goods

Donated goods are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised; for more information about their contribution refer to the Trustees’ Annual Report.

Housing income

Housing benefit and rent received direct from residents are recognised in full in the Statement of Financial Activities in the period to which they relate.

Expenditure

Resources expended are recognised in the period in which they are incurred. They include attributable VAT which is not recovered. For day to day purposes, resources expended may be allocated to the particular activity where the cost relates directly to that activity or allocated across activities as follows: staff costs according to time spent on each activity, premises and office costs on the basis of funding allocated for the purpose. However, as Trinity's day service model is one of integrated services, expenditure across the services provided is not separated out by activity in Note 8.

19

TRINITY WINCHESTER

NOTES TO THE ACCOUNTS

Year ended 31 March 2024

2 Accounting Policies (continued)

Operating leases

Operating lease rentals applicable to operating leases are charged to the Statement of Financial Activities over the period of the lease.

Pension costs

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. The charge for the year represents contributions payable in the year to defined contribution schemes.

Governance costs

Governance costs are included in the Statement of Financial Activities on an accruals basis, exclusive of VAT.

Taxation

The charity is exempt from Corporation Tax on its charitable activities.

Buildings

Leasehold land has been made available at a peppercorn rent from Winchester City Council. Buildings are shown at cost, inclusive of fees.

Tangible fixed assets

Tangible fixed assets over £5,000 are capitalised, increased from £2,000 by the Trustees in April 2020, and are stated at cost, less accumulated depreciation. Depreciation is provided to write off the cost, less estimated residual values, of all fixed assets except land, over their expected useful lives. It is calculated at the following rates:

Buildings and pipework 2% Straight line method
Roofing and flooring 3.33% Straight line method
Lighting and toilets 4% Straight line method
Fencing 5% Straight line method
Equipment 33% Straight line method
Furniture & fittings 33% Straight line method

For tangible fixed asset purchases from 1 April 2019, components of purchases, buildings in this case, are assessed separately for their useful economic life for depreciation purposes. Components that are required to be depreciated separately are those that have a cost that is significant in relation to the cost of an asset.

Investment assets

Investment assets are initially recognised at cost on acquisition and are disclosed at market value at the balance sheet date.

Cash and cash equivalents

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

20

TRINITY WINCHESTER

NOTES TO THE ACCOUNTS

Year ended 31 March 2024

2 Accounting Policies (continued)

Debtors

Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid net of any discounts due.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due.

Deferred income

Income is deferred where the charity is not yet entitled to the use of the resources. When the pre-conditions for use are met then the income is released.

Financial instruments

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value.

Significant judgements and estimation uncertainty

Preparation of the financial statements may require management to make significant judgements and estimates. There are no items in the financial statements where judgements and estimates would have a significant effect on the amounts recognised in the financial statements.

3 Net incoming/(outgoing) resources
Net incoming/(outgoing) resources are stated after charging:
Auditors' remuneration (audit only)
Depreciation
4 Capital Appeal
Funds raised in the year		 2024
2023
£
£
10,800
9,540
79,476
81,110
2024
2023
£
£
176,625
160,054

Funds raised in the year

The capital fundraising campaign launched in 2022/23 continued into 2023/24. As well as funding the construction of new supported accommodation on a different site, the Board has expanded the remit of this appeal to include plans to convert part of Bradbury House into three accommodation units for emergency use.

5 Other grants and donations
Local and Central Government
Winchester City Council
Core grant
Outreach grants
Transition grant
Other
Hampshire County Council
Leader's grant
Grant-making bodies
National Lottery Community Fund
Trusts and Foundations
Community income
Individual donations
Fundraising events
Donated goods
Church, corporate and other
community donations		 Unrestricted Restricted
Total Funds
Unrestricted
Restricted Total Funds
Funds
Funds
2024
Funds
Funds
2023
£
£
£
£
£
£
55,000
-
55,000
55,000
-
55,000
-
32,250
32,250
-
46,500
46,500
17,133
-
17,133
17,133
-
17,133
-
73,245
73,245
-
8,116
8,116
-
5,000
5,000
-
-
-
72,133
110,495
182,628
72,133
54,616
126,749
-
83,007
83,007
-
78,532
78,532
64,500
149,827
214,327
89,687
136,695
226,382
64,500
232,834
297,334
89,687
215,227
304,914
92,711
752
93,463
121,998
50
122,048
75,749
11,500
87,249
66,167
4,245
70,412
29,871
14,607
44,478
29,003
113
29,116
6,000
-
6,000
5,980
-
5,980
204,331
26,859
231,190
223,148
4,408
227,556
340,964
370,188
711,152
384,968
274,251
659,219

21

TRINITY WINCHESTER

NOTES TO THE ACCOUNTS

Year ended 31 March 2024

6
Hampshire OPCC
Places Impact Fund
Winchester City Council
Cold Weather Bed
Income from charitable activities:
Grants and Contracts		 Unrestricted Restricted Total Funds
Unrestricted
Restricted Total Funds
Funds
Funds
2024
Funds
Funds
2023
£
£
£
£
£
£
-
13,500
13,500
-
10,500
10,500
-
10,822
10,822
-
7,930
7,930
-
3,200
3,200
-
3,200
3,200
-
27,522
27,522
-
21,630
21,630
7
Other charitable income
Room hire
Other income
8
9
10 Expenditure on raising funds
Salaries
Events and promotional advertising
11
Salaries (including Employer's NI)
Sessional and agency workers
Other staff costs
Other direct project costs
Premises costs
Office costs
Interest on loan
Investment income
Expenditure on charitable activities
Bank interest
Housing income
Rental income
Audit and accountancy fees (statutory
audit)
Income from charitable activities:
Other income		 Unrestricted Restricted
Total Funds Unrestricted
Restricted Total Funds
Funds
Funds
2024
Funds
Funds
2023
£
£
£
£
£
£
24,052
-
24,052
23,312
-
23,312
4,289
-
4,289
2,855
-
2,855
28,341
-
28,341
26,167
-
26,167
Unrestricted Restricted Total Funds
Unrestricted
Restricted Total Funds
Funds
Funds
2024
Funds
Funds
2023
£
£
£
£
£
£
181,127
-
181,127
167,202
-
167,202
181,127
-
181,127
167,202
-
167,202
Unrestricted Restricted Total Funds
Unrestricted
Restricted Total Funds
Funds
Funds
2024
Funds
Funds
2023
£
£
£
£
£
£
24,375
-
24,375
3,213
-
3,213
24,375
-
24,375
3,213
-
3,213
Unrestricted Restricted
Total Funds
Unrestricted
Restricted Total Funds
Funds
Funds
2024
Funds
Funds
2023
£
£
£
£
£
£
61,026
-
61,026
60,494
-
60,494
22,973
7,500
30,473
24,243
6,307
30,550
83,999
7,500
91,499
84,737
6,307
91,044
Unrestricted Restricted Total Funds
Unrestricted
Restricted Total Funds
Funds
Funds
2024
Funds
Funds
2023
£
£
£
£
£
£
215,624
177,704
393,328
99,015
247,452
346,467
1,088
-
13,313
12,225
10,683
21,275
31,958
6,475
5,994
12,469
16,521
3,939
20,460
34,045
25,361
59,406
32,714
22,248
54,962
143,366
21,322
164,688
143,870
14,250
158,120
24,464
7,625
32,089
41,880
4,374
46,254
16,703
-
16,703
12,006
-
12,006
10,467
333
10,800
9,780
600
10,380
450,056
251,652
701,708
366,469
314,138
680,607

22

TRINITY WINCHESTER

NOTES TO THE ACCOUNTS

Year ended 31 March 2024

12
Unrestricted Restricted Total Funds
Unrestricted
Funds
Funds
2024
Funds
£
£
£
£
Salaries
-
99,610
99,610
86,499
Agency and sessional security
4,382
-
4,382
4,320
Maintenance and utilities
34,282
-
34,282
34,424
Repairs and replacements
7,163
-
7,163
3,969
Other costs
15,167
-
15,167
7,972
60,994
99,610
160,604
137,184
13 Salaries costs
Gross salaries
Employer's National Insurance
Employer's pension contributions
Total
Average number of individual employees
Average number of employees (full-time equivalent)
Expenditure on housing activities		 Unrestricted Restricted Total Funds
Unrestricted
Funds
Funds
2024
Funds
£
£
£
£
-
99,610
99,610
86,499
4,382
-
4,382
4,320
34,282
-
34,282
34,424
7,163
-
7,163
3,969
15,167
-
15,167
7,972		 Restricted Total Funds
Funds
2023
£
£
-
86,499
-
4,320
-
34,424
-
3,969
-
7,972
60,994
99,610
160,604
137,184		 -
137,184
2024
2023
£
£
502,531
447,659
40,383
36,773
11,050
9,028
553,964
493,460
20.50
19.25
15.00
15.50

No employees received emoluments of more than £60,000 during the year.

Total employment benefits of the key management personnel were £159,763 (2023: £108,820).

No trustees received any remuneration or expenses during the year (2023: £nil).

14 Fixed assets
Cost or valuation
At 1 April 2023
Additions
Disposals
At 31 March 2024
Depreciation
At 1 April 2023
Charge
Disposals
At 31 March 2024
Net book value 31 March 2024
Net book value 31 March 2023		 Furniture
Buildings
Equipment
& fittings
Total
£
£
£
£
3,002,940
15,377
26,132
3,044,449
-
-
-
-
-
-
-
-
3,002,940
15,377
26,132
3,044,449
506,826
14,075
15,970
536,871
69,648
1,116
8,712
79,476
-
-
-
-
576,474
15,191
24,682
616,347
2,426,466
186
1,450
2,428,102
2,496,114
1,302
10,162
2,507,578

There were no additions to Fixed Assets in 2023/24.

23

TRINITY WINCHESTER

NOTES TO THE ACCOUNTS

Year ended 31 March 2024

15 Debtors
Trade debtors
Inter-company account
Other debtors
Prepayments
16 Creditors:
Amounts falling due within one year
Trade creditors
Futurebuilders loan
Accruals
Deferred income (Note 17)
17 Deferred income
Balance as at 1 April 2023
Grants deferred
Amount released to income
Balance as at 31 March 2024
18 Creditors:
Amounts falling due over one year
Futurebuilders loan
Deferred income arises when income has been received in relation to services to
be delivered after the year end.		 2024
2023
£
£
70,366
4,138
888
920
29,340
60,108
21,621
19,882
122,215
85,048
2024
2023
£
£
35,345
40,966
20,668
20,959
18,410
15,867
-
-
74,423
77,792
2024
2023
£
£
-
15,491
-
-
-
(15,491)
-
-
2024
2023
£
£
179,968
198,938

The loan is secured by a first legal charge on Bradbury House and the interest rate was renegotiated in December 2011 to a rate of 3% over Bank of England Base Rate. At the current rate of repayment, the Futurebuilders loan has 7 years and 5 months remaining.

The following aggregate liabilities disclosed under creditors falling due after more than one year are due for repayment after more than five years from the balance sheet date:

19 Operating leases
Due not later than one year
Later than one year and not later than five years
Minimum lease payments under non-cancellable operating leases are as follows:
Futurebuilders loan		 2024
2023
£
£
74,573
104,001
2024
2023
£
£
4,853
3,383
18,169
8,399
23,022
11,782

24

TRINITY WINCHESTER

NOTES TO THE ACCOUNTS

Year ended 31 March 2024

20 Analysis of funds
Analysis of Funds 2024
Restricted Funds
Capital appeal
(i)
Learning
(ii)
Trinity Women's Service
(iii)
Dental Treatment
(iv)
Big Sleep Out
(v)
Bradbury View Support
(vi)
Outreach
(vii)
Day Centre
(viii)
Change Works
(ix)
Reducing carbon footprint
(x)
Total Restricted Funds
Unrestricted Funds
Designated Funds
Buildings Depreciation Fund
(xvi)
Building Maintenance Fund
(xvii)
Housing Development Fund
(xviii)
Total Designated Funds
General Funds
Total Unrestricted Funds
Total Funds
Represented by:
Restricted Funds
Designated Funds
General Funds
Analysis of Funds 2023
Restricted Funds
Capital appeal
(i)
Lloyds Bank Foundation
(xi)
Learning
(ii)
Trinity Women's Service
(iii)
Dental Treatment
(iv)
Big Sleep Out
(v)
Gardening
(xii)
Bradbury View Support
(vi)
Outreach
(vii)
Suicide Prevention
(xiii)
Food
(xiv)
Winter pressures /personal budgets
(xv)
Total Restricted Funds
Unrestricted Funds
Designated Funds
Buildings Depreciation Fund
(xvi)
Cyclical Maintenance Fund
(xvii)
Bradbury View Support Fund
(xviii)
Housing Contingency Fund
(xvii)
Total Designated Funds
General Funds
Total Unrestricted Funds
Total Funds
Represented by:
Restricted Funds
Designated Funds
General Funds
Analysis of funds		 Brought
forward
Income in year
Expenditure in
year
Transfers
At 31 March
2024
£
£
£
£
£
160,054
176,625
-
-
336,679
24,731
52,000
(53,030)
-
23,701
-
15,359
(15,359)
-
-
8,050
17,500
(13,883)
-
11,667
1,000
11,500
(7,500)
-
5,000
40,858
153,707
(162,259)
-
32,306
-
46,409
(46,409)
-
-
-
78,103
(51,436)
-
26,667
10,822
(5,436)
5,386
-
12,310
(3,450)
-
8,860
234,693
574,335
(358,762)
-
450,266
2,335,373
-
(79,476)
-
2,255,897
50,000
-
-
20,000
70,000
50,000
-
-
-
50,000
2,435,373
-
(79,476)
20,000
2,375,897
305,141
574,807
(515,573)
(20,000)
344,375
2,740,514
574,807
(595,049)
-
2,720,272
2,975,207
1,149,142
(953,811)
-
3,170,538
Fixed Assets
Net Current
Assets
Long Term
Liabilities
Total
£
£
£
£
-
450,266
-
450,266
2,255,897
120,000
-
2,375,897
172,205
352,138
(179,968)
344,375
2,428,102
922,404
(179,968)
3,170,538
Brought
forward
Income in year
Expenditure in
year
Transfers
At 31 March
2023
£
£
£
£
£
-
160,054
-
-
160,054
-
35,904
(35,904)
-
-
25,374
51,500
(52,143)
-
24,731
-
8,043
(8,043)
-
-
3,375
13,800
(9,125)
-
8,050
3,062
4,245
(6,307)
-
1,000
931
-
(931)
-
-
63,461
117,223
(139,826)
-
40,858
-
57,000
(57,000)
-
-
3,000
-
(3,000)
-
-
-
50
(50)
-
-
-
8116
(8116)
-
-		 Fixed Assets
Net Current
Assets
Long Term
Liabilities
Total
£
£
£
£
-
450,266
-
450,266
2,255,897
120,000
-
2,375,897
172,205
352,138
(179,968)
344,375
2,428,102
922,404
(179,968)
3,170,538
99,203
455,935
(320,445)
-
234,693
2,414,272
-
(78,899)
-
2,335,373
20,000
-
-
-
20,000
50,000
-
-
-
50,000
30,000
-
-
-
30,000
2,514,272
-
(78,899)
-
2,435,373
233,082
581,550
(509,491)
-
305,141
2,747,354
581,550
(588,390)
-
2,740,514
2,846,557
1,037,485
(908,835)
-
2,975,207
Fixed Assets
Assets
g
Liabilities
Total
£
£
£
£
-
234,693
-
234,693
2,335,373
100,000
-
2,435,373
172,205
331,874
(198,938)
305,141
2,507,578
666,567
(198,938)
2,975,207

25

TRINITY WINCHESTER

NOTES TO THE ACCOUNTS

Year ended 31 March 2024

Purpose of Restricted Funds

(i) Capital appeal

Trinity Winchester launched a capital appeal in 2022/23 aiming to raise funds to purchase 5 further units of move-on accommodation. Fundraising continued in 2023/24 and the scope of the appeal was widened to include the conversion of part of Bradbury House to create 3 additional units of accommodation for emergency use. It is expected that this work will be undertaken in 2024/25.

(ii) Learning

This fund represents grants received for the provision of a variety of learning projects at Trinity, including £50,000 from the Horlock Charitable Foundation.

(iii) Trinity Women's Service

This fund represents donations received towards the cost of maintaining a designated women's service within Bradbury House for vulnerable and disadvantaged women, including a significant donation by Winchester Rotary.

(iv) Dental Treatment

These are funds provided by Simply Health for a programme of dental clinics by Dentaid via the Dentaid bus.

(v) Big Sleep Out

This fund represents funds received from sponsors and individual councillors towards the costs of running the annual fundraising event the Big Sleep Out.

(vi) Bradbury View Support

Income to this fund is made up of £83,007 from the National Lottery Community Fund (programme RC London and South East), £7,500 Beatrice Laing Trust, and, from Winchester City Council, a Homelessness Prevention Grant of £60,000 and a winter pressures grant of £3,200. The funds are to support residents of the charity's new accommodation project, Bradbury View, for those with high support needs. In 2022/23 this fund also included income from Balcombe Charitable Trust and Nationwide Building Society.

(vii) Outreach

These are funds provided by Winchester City Council towards a full-time complex needs navigator working with rough sleepers or people in housing with complex needs to obtain/keep housing as well as a grant from the Office of the Police and Crime Commissioner for 15 hours a week outreach in the city centre with a view to reducing begging and other antisocial behaviour by signposting to services where help can be obtained. In 2022/23 this fund also included funding from Winchester City Council for a weekend outreach worker.

(viii) Day Centre

Grants received for running Trinity's Day Centre included a generous grant of £40,000 a year for 2 years from Garfield Weston Foundation, a £27,000 Central Government Community Cost of Living Grant, distributed by the National Lottery, and a £5,000 cost of living grant from Winchester City Council.

(ix) Change Works

A grant from Places Foundation from their Places Impact Fund was given to help service users, including LBGT+ and trans men and women, to make positive changes in their lives.

(x) Reducing carbon footprint

Grants of £5,000 and £7,310, from Hampshire County Council and Winchester City Council, respectively were given to Trinity for the purpose of reducing Trinity Winchester's carbon footprint.

(xi) Lloyds Bank Foundation

This represented funding for core costs provided by Lloyds Bank Foundation over four years from 2019/20.

(xii) Gardening

These funds were provided by Tesco Bags of Help in 2017/18 to support Trinity's Gardening Club.

26

TRINITY WINCHESTER

NOTES TO THE ACCOUNTS

Year ended 31 March 2024

20 Analysis of funds (continued)

(xiii) Suicide Prevention

A grant was received from Southampton City Council towards suicide prevention. It was spent on relevant staff training in 2022/23.

(xiv) Food costs

A donation was made specifically towards food costs.

(xv) Winter pressures and personal budgets

These funds were given by Winchester City Council to address the increasing costs of supporting service users with food and fuel during the winter and costs incurred by residents of Trinity's accommodation projects in relation to their accommodation.

Purpose of Designated Funds

(xvi) Buildings Depreciation Fund

This fund represents grants received towards the construction of Bradbury House in 2010 and Bradbury View in 2021. As all restrictions were met these funds were transferred from restricted to unrestricted funds in earlier years. The fund will be used to meet depreciation costs on the buildings in years to come.

(xvii) Building Maintenance Fund

The Trustees have combined the existing Cyclical Maintenance Fund and Housing Contingency Fund into a single fund for the purposes of maintaining all of Trinity's buildings. The Trustees consider that this fund should be increased annually by £20,000, setting aside funds for the replacement of the organisation's heating and ventilation systems.

(xviii) Housing Development Fund

The purpose of this £50,000 fund has been widened by the Trustees to make contributions to developments in Trinity's housing offer. In previous years this was called the Bradbury View Support Fund.

21 Share capital

Trinity Winchester is a company limited by guarantee and does not have a share capital. If the charity is dissolved, any member who has held office within 12 months of dissolution will be liable to pay an amount up to £1 towards the cost of dissolution and the liabilities incurred by the charity while they were a member.There were 35 members on 31 March 2024 (2023: 35).

22 Contingent liabilities

Two grants for the construction of Bradbury View, completed in May 2021, included conditions relating to the disposal of the site or building within a given time frame. The Edward Gostling Foundation will require repayment of its £100,000 grant if Trinity Winchester disposes of the building by way of a freehold sale or lease/licence within 5 years of practical completion to an operator that is not registered or regulated by the Charity Commission of England and Wales. Bradbury Foundation reserves the right to claim back its £250,000 donation, in full or in part depending on the circumstances, in the event that the property or site is sold within 10 years of the granting of the donation. No liability has been recognised in the financial statements as Trinity Winchester has no current plans to sell the property.

23 Related party disclosures

(1) In both 2023 and 2024 a charge for room hire was made to the Clinical Commissioning Group of the St Clements GP practice in Winchester of which Alex Fitzgerald-Barron, a trustee of Trinity Winchester, is a partner; the total amount charged during the year was £5,514 (2023: £5,495); the final quarterly payment was outstanding at the year end (2023: final quarterly payment) and no amounts were written off. (2) In both 2023 and 2024 a charge for room hire was made to Winchester Pregnancy Crisis Centre of which Hannah Scott (a member of Trinity Winchester's Senior Management Team) was a trustee. She resigned as trustee in April 2023. The total amount charged during the year was £2,400 (2022: £2,400). £0 was outstanding at the year end (2023: £0) and no amounts were written off. (3) Payments were made in the year to David McKenna, brother of Chief Executive Sue McKenna for decorating services. The total amount invoiced by him in the year was £1,700 (2022/23: £0). No payments were outstanding at the year end. (4) payments were made in the year to Pete Smith, partner of Housing Manager Hayley Ayres, for sessional overnight security, totalling £1,151 (2022/23: £0). £62.50 was owed to him at the year end. (5) Two donations of £10,000 each were made in the year to Trinity Winchester's capital appeal by Paul Murray plc. Paul Murray is a trustee of Trinity Winchester and a director of Paul Murray plc.

24 Subsidiary company

The charitable company owns the whole of the issued share capital of Trinity Winchester Supported Housing Limited (TWSH), a company registered in England, which began trading in 2019/20. The company number is 11526635 and the registered office is Bradbury House, Durngate Place, Winchester SO23 8DX. TWSH was dormant in 2023/24.

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