2024-03-31-accounts

REGISTERED COMPANY NUMBEIL. 01946544 (England and Wales) REGISTERED CHARITY NUMBEIL. IIJ75118 ETR ES AND NCI ME THE YEAR E ED31 CH2 HAP IMITED C A Hunter Limited SLthitory Auditors Britannia Chambers 26 George Street St Helens Merseyside WAIO IBZ

SHAP LIM ED TATE 2024 TS FOR YEAR END D31 MA Page Report ofthe Tn Report of the Independent Auditorg 9 to 12 ststemeDt of Flnancial Aelfvltleg 13 Balance Sheet 14 to 15 Casb Flow S14tement 16 Notes to tbe Cash Flow Statement 17 Notes to the FiDan¢lal Ststements 18 to 28

SHA ITED 46544 TOFTH E YEAR END USTE D31M H 2024 The tswstees who are also directors of the charity for the purposes of the Companies Aet 2006, present their report with the fmancial statements of the charity for the year ended 31 March 2024. The tsvstees have adopted the provisions of Accounting and ReportÉng by Charities: Statement of Recommended Practice applicable to dmrities preparing their accounts in accordance with the Financial Reporting Standard appli￿1¢ in the UK and Republic of Ireland (FRS 102) (effecÉive I Janw 2019). Page I

P LIMIT GISTER NUMBE 1946544 TOFTH ED RUSTEE ARCH 2 RTHEY OBJEcfivES AND ACTIVITILS Aims and objectives for the public benefit SHAP$ principle activities continue to be the provision of accommodation with support and community well-being services. The focus of its work is young single homeless peopl4 looked after children and care leaver& However the charity ￿$0 provides services for people of all ages or for those with $pe¢ific needs such &$ those related to alcohol, drng mis•use or offending behaviour. The charitys Valu￿ as defined by staff and service users are: Approachable: being Ope￿ friendly and welcoming Tnistworthy. honest and dependable: being respectful and hon4 doing the right thin& focutsing on service users and being ¢ommitt¢d to the organisation and to colleagues Safe: making people feel safe and at home, giving them a sense of belongin& making SHAP a place where they feel able to Creative: delivering a diverse rdnge of services. being dynamic and flexible in approach and responsive to peopl¥s needs Positive: looking for solutions not problans. being helpful and confidenL empowering people to take up opportunities Supportive: lis*nin& understandin& supporting p￿p]e to a¢hieve their goals Supporting each other D&erniined: being persistenL going the extra mile, d￿llenging poor attitudes and practices R•: being generous in spiriL making people feel they matter. not judging and not discriminating Achievements and Perforniance SHAP'$ services continue to be extremely busy. The past two years have seen an extraordinary increase in homelessness - particularly rough sleepin& SHAP is continuing to work with Local Authorities and other partners to tdentify ways to address this homelessness crisis. In 2023 - 2024 SHAP provided services for over 1800 people. SHAPS Board and Chief Exe¢utive continue to make sure that the charitys activities are in line with the ¢harity$ ￿re objectives and values. Q￿lIty AsSUra￿e During the year 2023-2024 SHAP took the decision not to renew our certification with IS090012015. This was because of the application to become a registered provider of services under the Supported Acwmmodation Regulations of 2023. These regulations govern the position of supported accommodation for young people who ar¢ 16 or 17. SHAP has chosen to use these regulations and accompanying stafid￿ as the core of its quality assurance frameworfi in the firture. Many of the tools that were developed to support the lS090012015 Quality Assurance Frammrk will continue to be used and an internal audit p￿￿arnme will be published at the beginning of each year. Quality assurance is once again within the job role of the senior manager and perfornmnce will be rq)orted to the Board on a quarterly basis. Succession Planntng SHAPS Board and Chief Exec￿1Ve continued wtth their focus on succession plannin8 during this year. The Boards succession strategy agreed in 2023 is undemy and will gather momentum during 2024-2025. This Strate￿ is commercially sensitive and therefore remains Confidential to the Charitys Board. Pa8e 2

HAP LI REGI TER NUMBER. 46544 FOR TH ED CH 2024 Financial Review In 2023-2024 the charity was able to produce a slight sutplus. An increasingly ¢hallenging financial environment has meant tight financial controls have had to remain in place. Full cost recovery has not been possible for many services over recent years, as contract fees have failed to keep pla￿ with rising inflatioTh The charity has just managed to retain financial stability through challenges such &8 exponential incre&ses in energy costs and int]ation8ry pressures on salaries, foo building materials and transport Cos￿ Further challenges now lie ahead as increases to the national minimum wage and the national living Wdge - in addition to an increase of1.2•/• in Employers National Insurance Contributions - will create fiwther upward pressure on salary SHAP. along with many other charities has called for charities to be exempt from this Nl The plan to transfer the dmritys nursery setting out of the Charity and into another mechanism has been delayed due to le&8e and contractsMI issues and will now take place in 2025. SHAP continues to look for opportunities to work wllaborativety with other agencies and organisations aftd is always open to discussions around muttthlly benefi¢tal strategic path¢rships. It is for these reasons that SHAP'S Tiustees believe that the charity remains a going concern for a period of at least the next 12 months. Page 3

SHAP TED TE NUMB 946544 TR ED FOR TH RCH 2024 STRATECIC REPORT Financial Risk SHAP continues to review the viability of all its services in the conxt of national, regional and local politics and decision making. This has been and remains extremely challenging. The financial crisis of recent years combined with a sector wide workfor¢¢ shortage. have produced an exceptionally difficult set of financial circumstances. For the third year in succession SHAP has made a substantial pay award to its staff. A fixed sum for all stsff has been as the most equable way of delivering this and will continue to be the forniula on whi¢h collective bargaining around pay is based. Achieving full cost re¢overy for many of the charitys service contracts is now vtrtually impossible. Contract budgets were g￿erallY set to Incre￿ at around 2-220/0 ¢adb year but in reality Costs have risen by an average of ￿/+ over the past two SHAP Continues to look for ways to generate additional income which can support core fill￿ whttst ensuring that services are as cost effective and efficient as they can b& SHAPS services for young people present outstanding value for money and oir strategic plan includes an objective around developing a wider offer for the young people - incI￿ling providing care as well as support. This require$ specialist knowledge and experience and we are developing a senior manasrment post to lead the management and development of care and support services for young p￿p]e. SHAP mainlains a risk register which identifies all key risks that the charity is factng at any given time. The risk register identifies a number of financial risks that the charity faces and grad¢s them fft tern￿ of likelthood. SHAPS leadership team then set out how these risk8 will be managed or mitigated. The risk regisr is reviewed regularly by the Chief Executiv4 the Finance Officer and Senior Managers and is discussed by the Board tyvice a year. Detsiled quarterly management accounts are provided to the Board to enable them to review the SI￿lfiCant risk of our failing to deliver against our cost controls. Increasing pressure costs, particularly around energy and building marials have led to this risk being increased. Although less than in previous yeats risks associated with Covid are still present and we also face continuing uncertainty as a result of hi8h inflation, political instability and escalating workforce challenges. Transactions and financial position The ¢uThent financial climate is reflected in SHAP'S finan¢ial position as it manages to sustain increasing services with decreasing resources. The pattern of funds is Changing between restri¢ted and unrestricted income 8$ some of our funders are in¢¥easingly aware of the need for us to be more flexible with our resources. The statement of financial activities shows a surplus of £10.402 (2023 surplus of £78.69D. Tothl reserves carried forward as at 31 Mar¢h 2024 stand at £713,993 (2023: £703,591) with unrestricted funds of £713.993 (2023: £693.538) and restricted funds of £nil (2023: £10.053). The chartty continues to hold restricted and unrestricted and to maintain reserves in line with its Reserves Policy. The aim of the policy is to nmintain a reserve of unrestricd fimds at a level that will enable the charity to operate for an opttmum period of 6 months and a minimum period of 3 months. The Board of Trustees regularly revi¢w the amount of reserves that are required to ensure that this fllwicial stability is maintained and that the charity is able to continue to fulfil its obligations. This policy has been reviewed in light of the increased use of core funds during financial years 2017-18 and 2018-19. This resulted ift a diminished reserve but one which still meets our minimum requirement of 3 months, r￿￿[n8 costs. The Trustees are satisfied that our provision and our process for monitoring are pnthnt and appropriate. They will coThtinue to review this situation every 6 months. Page 4

LIMITED ER: 01 RTOFTHET STEES THE YEAR END D31 MA 024 srRATEGIC REPORT Futhre plan$ Futtre plans. Ow strdtegy for the future The Tntstees and executive management of the organisation will continue to refresh our strategi¢ business development plans. We want to ensure that the organisation is able to meet the challenges of the far-reaching changes which will be affecting the public and third sectors over the coming months and yea We remain committed to the following objectives: l. Contributing to the creation of sustainable communities in the area where we work and to the prevention of homelessness. 2. Communicating brilliantly. 3. Promoting diversty, anti-racism and social justice. 4. A¢hieving a stsv¢ture that ensures maximum stability for our existing services and provides best opportunities for growth: a clear, stron& efftctive and flexible management structh. 5. Having skilled and motivated staff empowering service users who have access to a wide range of opwtunities. 6. Enabling people's views about their own situations to b¢ heard. 7. Enabling children and young people to make a positive impact on the world around them. In pursuit of these objectives the Board has agreed an important strategic development: SHAPS primary offer h&8 always been providing young people wtth good standard accommodation and Struct￿ support around lif¢ skills and independent living. Over recent years we have seen a marked increase in young peopl¢ who also have Si￿1ficant care needs. These needs must be met in order for them to confidently move towards Independe￿e. SHAP will therefore look to reall￿ some of its service offers and develop new ones which will enable us to develop mod¢ts of care a￿1 supporL Initially this will be through the development of models of semi-independent living for children and young people who are look￿ after by local authorities or preparing to leave their care. We are confident that our values and core expertise provide a good fO￿datIOn for such a service development and will ensure that suitably experienced and qualified managers are brought into the organisation to e￿Ure their effective delivery. We beli¢ve that the pandemic has shown the importance of publiclprivate collaboration at a national and local level and as an organisation we are keen to work in the space. Many local authorities will be making servi¢¢ changes because of financial pressures but this will create a need for innovation. Health and ￿CIal care services will be ¢ommissioned and delivered differentty over the next few years and a focus on population health Meas￿ delivered at a local level will agafft provide opportunities for imaginative collaborative responses from public and third sector organisation& SHAP intends to becom¢ a leading providerlenabler of these community well-b¢ing services. Page 5

P LIMITE 0194 TO HETR E YEAR ENDED ARCH 202 STRucfuR4 GOVERNANCE AND MANACEMENT Governfiog doeumeDt SHAP Limited is a Charitable company, limited by guararttt. incorporated in September 1985 and registered as a charity. The company was established under its Memorandum and Arttcles of Association that set out the objects and powers of charitable company. In the event of th¢ ￿MpanY bein8 wound up, members ar¢ required to contribute an amount not exceeding £1. Trnstees The directors of the charitable company are also Tn￿ for the puo)ose of charity law. Tn￿tee$ are known as members of the management Board of Trustees and are elected to serve for a period of three year4 after which they may be r¢•elerted at the next ann￿1 genernl meetin& The Charity successfully re¢ruited a chair designate in 2022 - Diane Williams became Chair during the period covered by these accoiints. The Trustees recorded their thanks to Mary Milton who had undertaken the role of Chair of Trustees for a number ofyears. Induellon and trnining of new trnstees New trustees ore invited to attend meetings with the chief ex¢¢utive and the senior manwent team to familiarise themselves with th¢ charitable companys activities and the context within which it operates. Areas covered would in¢lude the obligations and responsibilities of becoming a tswstee. a review of the govemtng document and the current financial position. OrgaDisatioDal strncture The Board of Trustees of whi¢h there is no m&ximum number but a minimum number of two. meets quarterly to administer activities and set the policy and strategi¢ direction of the charity. The Board ¢le¢ts the Chair every three years who is responsible for organising Board meetings and meeting regularly with the Chief Executive. A publtshed sch¢me of delegation sets out the responsibilittes which the Board keeps to ttself and those which it delegates to the Chief Executive and managers. The day to day responsibility of the provision of services and overall management of the charity rests with the Chief Executive who also acts as the Company Secretary. Related pgrtles SHAP delivers three services in partnership with other ag¢ncies - a homeless families ¢entre and a harni redu¢tion residential service in Liverpool in parthership with The Whitechapel Centre and a floating support s¢rvi¢e in Halton in parthership with Plus Dane Housin& REFERENCE AND ADMINISTRATIVE DETAIIS Regigtered Company number 01946544 (England and Wales) Registered Charity number 1075118 Registsred office Bearly House 67 Liverpool Road St Helens Merseyside WAIO IPQ Page 6

AP LIM ECIST RED EIL. 019 TOF HE EES D31 MA ORTHEY 2024 Tn￿tee$ M Milton S Cotter-Bur8ess (re$l￿ed 15.1.24} P J Barron D Williams CompaDy Seeretsry M C Weights Andito C A Hunter Limid Statutory Auditors Britannia Chambers 26 George Street St Helens Merseyside WAIO IBZ STATEMENT OF TRusfEES' RESPONSIBILITIES The trustees (who are al￿ the directors of SHAP Limited for the purposes of Company law) are responsible for preparing the Report of the Tn￿ and the financial ststements in accordance with appltcable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial sthtements for ea¢h financial year which give a ttue and fair view of the stsk of affairs of the charitable ¢ompany and of the incoming resources and application of resour¢e& including the income and expendits￿@ of the charitable company for that period. In preparing those fllwi¢ial statements th¢ triistees are required to select suitable accounting policies and then apply them consistently: obsave the methods and principles in the Charity SORP. - mak¢ judgements and estimates that are r¢asonable and prudenL' prepare the financial stments on the going concern basis unless it is inappropriate to preswne that the ¢lwitable company will continue in business. The triiste¢$ are responsibl¢ for keeping proper a¢counting records which disclose with reasonable a￿uraCY at any time the financial position of the charitable company and to enable them to ensure that the fman¢ial statements comply with the Companies A¢t 2006. They ar¢ also responsible for safeguarding the a￿ets of the charitsble company and hence for tsking re&%MMble steps for the prevention and detection of fraud and othv irregulariti In $0 far as the trustees are aware: - thtte is no relevant audit infornlltion of which the charitable companys auditors are unawar¢' and - the trustees have taken all s*PS that they ought to have taken to make ￿MSelveS aware of any relevant audit infomiation and to estsblish that the auditors are aware of that infOrn￿tIon. AUDITORS The auditor4 C A Hunter Limite<L will be proposed for re-appointment at the forthcoming Amiual General Meeting. Page 7

AP LIMIT Is R:01 THE YEAR END D31MAR Report of the on...... . and signed on the board's behalf by. M C Weights- Secretary Page 8

RTOFTHEI UDIT THE ME PLI Oplnlon We have audited the finan¢ial sLments of SHAP Limited (the 'charitabl¢ compan￿) for th¢ year ended 31 Mar¢h 2024 which comprise the Statement of Financial Activitie4 the Balan¢e Sheel the Cash Flow Statement and notes to the financial statement& including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applithle law and United Kingdom Accounting Standards (United Kingdom Generalty Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of th¢ state of the charitable companys affairs as at 31 March 2024 and of its incoming resources and application of resour¢e4 including its income and expendibjrq for the year then ended. have been properly prepared in a¢cordanee with United Kingdom Generally Accq)t¢d A¢countin8 Pra¢ti¢e' and have been prepared in accordance with the requirements of the Companies A¢t 2006. B2sb for opinion We Conducted our audit in accordan¢¢ with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are fiwther described in th¢ Auditors, responsibilities for the audit of the financial statements section of our report We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK including the FRCS Ethical Standard, and we have fulfilled our other ¢thical responsibilities in accordance with these requirements. W¢ believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. CoDeluslons relating to golng coneern In auditing the financial statements. we have ¢oncluded that the trustees, use of the going ¢on¢ern basis of a¢countin8 tn the preparation of the fAnan¢ial statements is appropriate. Based on the work we have perf0rnie￿ we have not identified any material uncertainties relating to events or conditions thaL individually or collectively, may c&8t significant doubt on the charithble company$ ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Ow responsibilities and the responsibilities of the ttiJses with res￿ to going concern are described in the relevant sections of this reporL Other Infornmtioo The tnjstees are responsible for the oth¢r infornmtion. The other infornlation comprises the information included in the Annual R¢po¢ other than the financial statements and our Report of the Independent Auditors thereon. Ow opinion on the financial statements does not ¢over the other inforn)atÉon arf except to the extent otherwise explicitly stated in our repo¢ we do not express any forni of assur￿ conclusion thereon. In connection with our audit of the financial statements, our responsibility t$ to read the other inforniation an(L in doing so, considrf whether the other infornwion ts materialty inconsistent with the financial statsments or our knowledge obthined in the audit or otheThvis¢ appeats to be materially misstated. If we identify such Ma￿la1 inconsistencies or apparent material misstatements. we are required to deterniine ￿ether this gives rise to a material misstatement in the finan¢ial statements themselves. If, based on the work we have perfomied. we conclude that there is a material misstatement of this other 1nforniatio￿ we ar¢ wuired to report that fact. We have nothing to report in this regard. Oplnloo$ on other matters preserlbed by tbe Companles Ad 2006 In our Opinio￿ based on the work undertaken in the course of the audit: the infornMtion given in the Report of the Tn￿teeS for the financial year for ￿1¢h the financial statements are prepared is consistent with the financial statements" and the Report of the Tnistees has been prepared in accordance with applicable legal requirements. Page 9

RT THEI DEPEND SHAP LI ORS ITED HEM BE Matters on whieh we are required to report by ¢xcepiion In the light of the knowledge and understanding of the ¢haritable wmpany and its environment obthined in the cours¢ of the audiL we have not identified material misstatements in the Report of the Tntstee& We have nothin8 to report in respect of the following matters ￿ere the Companies Act 2006 requires us to report to you if. in our opinion.. adequa* accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by ￿ or the fmancial statements are not in agreement with the ac¢ow)ting records and returns; or certain disclosures of trustees, remuneration specified by law are not made; or we have not received all the infornution and explanations we require for our audit. Responsibililles of tThstees As explained more thlly in the Statement of Trustees, R¢sponsibilitie4 the trustees (who are also the directors of the charithble company for the purposes of ¢ompany law) are responsible for the weparntion of the financial statements and for being satisfied that they give a ttiie and fair view, and for such internal control as the trustees deterniine is ne￿ to enable the preparntion of financial statements that are free from material misstatemen¢ whether due to fraud or ernr. In preparing the financial statements th¢ trustees are responsible for assessing the charilable CoMpan￿S abtlity to continue as a going Conce￿ dis¢losin& as applicabl4 matters related to going concern and using the going concern basis of a¢¢ountin8 unless the tswstees either intend to liquidate the charitable Company or to cease operations, or have no realistic alternative but to do so. Page 10

RTOFTHEI NT AUDITORS T SHAP BE Our respoDsilJilitiey for tbe audfjl of Ibe flnanelal stalements Our objectives are to obtain reasonable assurance about whether the finan¢ial statem￿ts as a whole are free from material misstatemen( whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinio Reasonable assurance is a high level of assurww but is not a guarnntee that an audit ¢ondu¢ted in accordance with ISAS (UK) will always detect a material misstatement when it exis￿ Misstatements Can arise from fraud or error and are considered material if, individually or in the a88regate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 0￿ approach to identifying and assessing the risks of material misstatement in respect of irregularitie& including fraud and non-compliance with laws and regulation4 w&8 &$ follows: - we have emured that the engagement team collectively had the appropriate ¢ompetenc4 ¢apabilities and skills to identify or recognise non-compliance with applicable laws and regulations" - we identified the laws and regulations applicable to the charitable company through discussions with sentor managers and the trustees, and from ow Commercial knowledge and experience of the industy sector. and the relevant laws and regulations have been communicated within the audit team throughout the course of our work; - we focused on specific lawJ and regulations which we considered may have a direct material effect on the financial statements or the operations of the dwitable company, including the Companies Act 2006, the Charities SORP, employmenL health and safety legislation; and - we assessed the extent of compliance with the laws and regulations identified above through making enquiri¢s of management and inspecting legal CO￿pOndenc￿. We assessed the susceptibility of the charitable ¢ompanys financial statements to material misststemen( including obtaining an understanding of how fraud might occur, by: - making ¢nquiri¢$ of management and In￿teeS as to where tlw considered there was susceptibility to frau￿ their lux)wledge of actual, suspected and alleged fraud. and - Considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. To address the risk of fraud through management bias and override of controls we: - perfornied analytical procedures to identify any unusual or UneXp￿d relionships" - tested journal entries to identify unusual tsw)sa¢tions; - assessed whether judgements and asswnptions mad¢ in deterniining the accounting estimates were tndiLive of potential - investiged the rationale behind significant or unusual transaction& In response to the risk of irregularities and non<ompliance with laws and regulation4 we designed procedures which Include￿ but were not limid to: - weeing fAnancial ststement disclosures to underlying supporting documentstion: . reviewing management reporting processes to the board of trustees; - enquiring of manwent &8 to actual and potential litigation and claims: and - reviewing corrwdence with the Charity Commission and other relevant regulators. Pagell

OF THE INDEPE TORS TO THE SHAP LIMIT RSOF There aR inherent limitations in our audit procedures described above. The more removed that ￿w$ and regulations are from financial transactions, the less likely it is that w¢ would become aware of non-compliance. Auditing standarts also limit the audit procedures required to identify non<ompliance with laws and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal co￿Spondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error &$ they may involve deliberate ￿ncea]Ment or collusion. A fillther d¢￿rIption of our responsibilities for the audit of the financial statements is located on the Financial Rqyorting Council's website at Www.fr¢.0￿uklaudltorsreSponSlb1]itiC& This description fornvts part of our Report of the Indq)end¢nt Auditors. Use of our report This report is made solely to the charitable companys member4 as a body, in attordance with chap￿ 3 of Part 16 of the Companies Act 2006. Our audit work has been underthken so that we might state to the dmritable companys members those matters w¢ are required to sLq to them in an auditors, report and for no other purpose. To the ￿lIest extent perniitted by law, we do not accept or assume responsibility to anyone other than the charitable Company and the charitable CoMpan￿S members as a body, for our audit worK for this report or for the opinions we have fornied. Keith Rotheram (Senior Ststutory Auditor) for and on behalf of C A H￿r Limited Ststutory Auditors Britannia Chambers 26 George Street St Helens Mewide WAIO IBZ Page 12

SHAP TEMENTOF INCORPORATIN AN￿c CIAL ACTtVlTI ME AND EXP 31 MARCH 2024 31.324 Total fimds 31.3.23 Total Unrestricted Restricted fijnds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 5209 5209 29,710 Ch2rlt2ble aetlvltles Accommodation & support services Community development Children's nursery 3.816,1 IS 56.712 528,343 3,816,115 56,712 528J43 3,367,119 49.642 541,990 Investment income 5,801 5,801 4.438 Totsl 4.412,180 4.412,180 3,992,899 EXPENDITURE ON Chgrltsble activities Accommodation & support servie2s Community development Big Lottery help through ¢risis Children's nursery 3,780,110 57.370 10,053 3.790,163 57J70 3,348,618 64,588 554245 554245 500,996 Total 4,391,725 10,053 4.401,778 3,914202 NET INCOMEI(EXPENDITURE) 20,455 (10.053) 10,402 78,697 RECONCILIATION OF FUNDS Total funds brought fonvard 693,538 10,053 703,591 624,894 TOTAL FUNDS CA￿ED FORWARD 713,993 713,993 703,591 The no*s forni part of these financial statements Page 13

SHAP LIMITED TER NUMBEIL. 019 31.324 Total 31.3.23 Total funds Unrestricted Restricted fi￿d$ fimds Notes FIXED ASSETS Tangible &ssets 12 1246.987 1246.987 1259,794 CURRENT ASSETS Debtors 13 411.066 251,723 411,066 251.723 379,425 267,186 662,789 662,789 646,611 CREDITORS Amoimts falling due within one year 14 (502.987) (502,987) (472,741) NET CURRENT ASSETS 159,802 159,802 173.870 TOTAL ASSETS LESS CURRENT LIABILITILS 1,406.789 1,406,789 1,433.664 CREDITORS Amounts falling due after more than one year 15 (692,796) (692,796) (730,073) NET ASSETS 713,993 713,993 703,591 The notes forni part of tlKse financial ststements Page 14 continued..

ITED GISTERED 46544 BALAN E SHEE 31M CH 2024 18 Unr¢stri¢t¢d fimds: General fund DeSI￿ated unrestricted funds 423,901 290,092 377J44 315,994 713.993 693,538 Restricted fimds: Asylum seekerlrefugee support fitnd 10,053 TOTAL FUNDS 713.993 703J91 li The financial statements were approved by the Board of Trustees and athhorised for issue on ........... ................................. and were sI￿d on its behalf by: M Milton- Trustee P J BamJn- Tnist¢e The notes forni part of these finan¢ial statements Page 15

SHAP CASH Fi ATEMENT R ENDED IMAR 31.3.24 31.3.23 Notes Casb flows from operatlng a¢lfvllles Cash generated from operattOILS Interest paid 60,870 (43.961) 11.081 (30,305) Net cash provided byl(used in) operating activities 16.909 (19224) Cash flows from Inveslfjng aetlvities Purdmse of tangible fixed assets interest received (3.118) 5,801 (1,065,597) 4,438 Net C&8h provided byl{used in) investing activities 2,683 {1,061,159) Cash Ilows from fmaneing #etivities New loans in year Loan repayments in year 787,500 (22,374) (35.055) Net cash (used inyprovided by financing activities (35,055) 765,126 Chang¢ In cash and Cash equfvalents In Ibe reportlng period Cash Jind eash equivalents at the beglDnlng of the reportiog perlod (15.463) (315257) 267,186 582,443 Casb and eayh equfvalents at the end of the reportlng period 251.723 267,186 The notes forni part of these financial statements Page 16

SHAP LIMITED OTES TO THE CASH F FOR TH 31 MARCH 2024 RECONCILIATION OF NET INCOME TO NET CASH FLL)W FROM OPERATING AcrtVlTIES 31.3.24 31.3.23 Net iocome for the reportlDg p¢rlod (as per the Stalement of Flnanelal Aetlvltles) Adjuslments for Depreciation charges Interest ￿￿1Ved interest paid Increase in debtors Incre&8el(de¢rease) in creditors 10,402 78,697 15,925 (5.801) 43.961 (31,641) 28.024 16,918 (4,438) 30,305 (21.482) (88,919) Net eash provided by opergtloDS 60,870 11.081 ANALYSIS OF CHANGLS IN NET DEBT At 1.4.23 C&sh flow At31.324 Net casb Cash at bank and in hand 267,186 (15.463) 251.723 267,186 (15.463) 251,723 Debt Debts falling due within l year Debts falling due after l year (35,055) (730,073) (2.222) 37277 (37.277) (692,796) (765.128) 35.055 (730,073) Total (497,942) 19592 (478J50) The notes forn) part of these financial statements Page 17

LIM THE FI CIAL FOR THE YEAR ENDE TAT RCH 2024 ACCOUNTING POLICIES Basts of prepariog the financial statements The financial ststements of the charitable company, which is a publi¢ benefit entity under FRS 102, have been prepared tn ac￿rdanCe with the Charities SORP (FRS 102) 'Ac¢ounting and Reporting by Charities: Stat¢ment of Recommended Practice appltcable to charities preparin8 th¢ir a¢￿Unts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Th¢ financial statements have been prepared under the historical cost convention. s outlined in the Trustees, ReporL the board continues to monitor the financial perfornmnce of the charity and undertake appropriate steps to maintain its ongoing financial stsbility.The Trustees are satisfied that the charity has sufficient reserves to enable it to continue to implement the steps outline(L and improve its financial perfornHK¢. Having co￿]dered these factors outlined above the ttvstees eA)nsider it appropriate to prepare the financial Sthtem￿ts on the going concern basis. Ineome All income is reco￿lSed in the Statement of Financial Activities once the charity h&8 entitlement to the W it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recO￿l$ed as expenditure 8$ soon as there is a legal or conslJii¢tive obligation committing the chaity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expendits￿e is accounted for on an a¢cruals basis and has been c￿lfied under headings that agwate all cost related to the ¢agory. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Allocation and apportlonnnt of costs Support costs include centrdl functions and have been allocated to a¢tivity cost categories on a basis consint with the use of resources. Tanglbk fued assets Depreciation 1$ provided at the following amiual rates in order to write off each &8set over its esÉinMted useful li Freehold pro Long leasehold Plant and machinery Ftxtures and fittings Motor vehicles 20/• on cost 20/0 on ¢os¢ 21Wo- 33V• on Cost 25Yo on reducing balance TaxatloD The charity is exempt from co￿OratIon tsx on its ¢haritable acttvitie& Irrecoverdble VAT is ¢harged agatnst the eategory of resources expended for ￿lch it was incurred. Fund atcoonllDg Unrestricted Can be used in accordance with the ¢harilable objectives at the discretion of the triise& Restricted fimds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are ratsed for particular restricted pu4)oses. Designated aft unrestricted earniarked by management for particular purpo Page 18 continued...

LIM IA R THE YEAR ENDED31 MAR lfjoued H 2024 ACCOUNTING POLICIES- ¢onllDued Hlre purchase and leasiog commitments Rentsls paid under operating le&8es are charged to the Stakment of Financial Activities on a straight line basis over the period of the lease. DONATIONS AND LEGACIES 31.3.24 31.3.23 Donations Gift aid 5.209 24.710 5,000 5209 29,710 INVESTMENT INCOME 31.3.24 31.3.23 Bank deposit interest 5,801 4.438 INCOME FROM CHARITABLE AcfiviTIES 31.3.24 31.3.23 Activity Accommodation & support servtces Accommodation & support services Accommodation & support services Community development Children's nursery Rentsl income Grants & contracts Other fees earned Grants & contracts Nursery income 1,482,060 2JOOJ39 33,716 56,712 528,343 1211,065 2.120.444 35,610 49,642 541,990 4,401,170 3,958.751 Grants receiv￿ included in the above, are as follows: 31.324 31.3.23 Supporting People- St Helens Supporting People- Knowsley Supporting people- Halton Supporting People- Liverpool Community Development Temporary A¢¢omodation Management Parental Assessment Unit 736.865 145,600 432,983 795,073 56,712 123.787 66.031 703,407 145.600 280,571 782.582 49,642 114,004 94280 2,357,051 2,170.086 Page 19 continued..

NAN L sfAT END D31MAR - conllnued FOR TH CHARITABLE ACTIVITIES COSTS Support costs (see no* 6) Direct Totsjs A¢¢ommodation & support services Community development Children's nursery 3261a59 57J70 525.058 528.804 3.790,163 57J70 554,245 29,187 3,843,787 557,991 4,401.778 SUPPORT COSTS Govemance costs Totsls Accommodation & support services Children's nursery 443.445 27,500 43.961 41J98 1,687 528,804 29,187 470,945 43,961 43,085 557,991 NET INCOMFJ(EXPENDITURE) Net incomel(expenditure) is stated after ¢harging/(crediting): 31.324 31.3.23 Audito￿, remuneration Depreciation - owned assets Other operating leases 15,000 15,925 604,058 15,000 16,916 557,618 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remunerntion or other benefits for the year ended 31 Mar¢h 2024 nor for the year ended 31 Mar¢h 2023. Trn$t￿, expenseg There were no tnistees, expenses paid for the year ended 31 March 2024 nor for the year ended 31 Ma￿h 2023. Pa8e 20 continued...

HAP IAL ED 31 MARCH 2024 FOR THE YEAR srAFF COSTS 31.3.24 31.3.23 Wage$ and salaries Social security costs Pension Msts 2.548,174 154,083 48.348 2240.076 151J79 40,481 2,750,605 2,431,936 Included within wages this year are invoiced costs totalling £270,464 (2023 £285J74) paid to The White¢hapel Centre for staffing costs they have Incu￿ed in relation to the Belvidere Family Hostel and £179.505 (2023 £88,564) of agency staff. Nwnber of employees with emoluments excttding £60,000: 31.3.24 Numb 31.323 Number £60,001- £70,000 The average nwnber of fid14ime equivalent employees during the year was as follows: 31.324 31.3.23 Central services Housing and residential services 89 96 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted Total funds INCOME AND ENDOWMENTS FROM tyonations and legaci 4,710 25,000 29,710 Charitable aetlvltles Accommodation & supwt servi¢¢s Community development Chtldm's nursery 3J67.119 49,642 541,990 3J67.119 49,642 541,990 Investment income 4,438 4,438 Total 3.967.899 25,000 3.991899 EXPENDITURE ON Page21 continued...

SHAP LIMI HE FINANCIAL FOR THE TEME D31 MA io. COMPARATIVES FOR THE sfATEMENT OF FINANCIAL ACTIVITIES- continued Unr¢stri¢ted Restri¢ted fimds funds Total funds Charkable activities Accommodation & support services Community development Big Lottery help through Crisis Children's nursery 3,333.671 64,588 14.947 3J48,618 64.588 500,996 500.996 Totsl 3.899255 14.947 3,914202 NET INCOME 68.644 10,053 78,697 RECONCILIATION OF FUNDS Total fiuKls brought forward 624,894 624,894 TOTAL FUNDS CARRIED FORWARD 693338 10,053 703J91 INTANGIBLE FIXED ASSETS Goodwill COST At l April 2023 and 31 March 2024 AMORTISATION At l April 2023 and 31 March 2024 4,000 NET BOOK VALUE At 31 March 2024 At 31 March 2023 Page 22

OTES TO TH STATEM eoDtln E YEAR ENDE ARCH 2024 li TANGIBLE FIXED ASSETS Freehold propety Long leasehold Plant and COST At l April 2023 Additions 1.138,309 137,122 144,705 3,118 At 31 March 2024 1,138,309 137,122 147,823 DEPRECIATION At l April 2023 Charge for year 17,200 10.883 8225 2.741 134,917 1301 At 31 March 2024 28,083 10,966 137218 NET BOOK VALUE At 31 March 2024 1,110226 126,156 10,605 At 31 March 2023 1,121,109 128,897 9.788 Fixtures Motor vehicles fitttngs Totsls cosr At l April 2023 Additions 73.875 40.635 lJ34.646 3,118 At 31 March 2024 73,875 40,635 1,537,764 DEPRECIATION At l April 2023 Charge for year 73.875 40,635 274,852 15,925 At 31 March 2024 73,875 40,635 290,777 NET BOOK VALUE At 31 March 2024 1246,987 At 31 March 2023 1259,794 Included in cost or valuation of land and buildings is freehold land of £340,000 which is not depreciated. Page 23 continued...

NOTES FOR THE L STAT 31 MAR - contln EN 13. DEFfoiLS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.323 Trade debtors Ot1￿ debtors 386.870 24,196 340290 39,135 411,066 379,425 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Bank loans and overdrafts (see note 16) Trade creditors Social security and other tsxes Acavals and defe￿ed income 37277 115.938 38229 311.543 35,055 99,142 38,037 300,507 501987 472.741 CREDITORS: AMOUIYTS FALLING DUE A￿ER MORE THAN ONE YEAR 31.3.24 31.323 Bank loans (see note 16) 692,796 730,073 i& LOANS An analysis of the maturity of loans is given below: 31.324 31.3.23 Amounts falling due within one year on demand: 37277 35,055 Amounts falling between one and two years: Bank loans- 1-2 yea 37277 37.277 Amounts falling due between two and five years: Bank loans. 2.5 years 119.583 Amounts falling due in more than five years: Rq)ayable by instalments: Bank loans more 5 yr by instsl 543,688 573213 Page 24 continued...

PLI THE FIN STAT EAR ENDE 17. SECURED DEBTS The following secured debts are Included within creditors: 31.3.24 31.3.23 730.073 765.128 The bank loan is sttured by a debenture creating a fixed & floating charge over the assets of the company and a legal first charge over Octavia Coli¢ Byron Clos< Huytoi4 Live￿001. 18. MOVEMENT IN FUNDS Net Transfers At 31.324 At 1.4.23 in fill￿$ fimds UDreslrlcted hods General fund DeSI￿ated unrestricted funds 377,544 31 5,994 20,455 25,902 (25,902) 423,901 290,092 693,538 20,455 713,993 Restricted funds Asylum seekerlrefijgee support find 10,053 (10,053) 703,591 10,402 713,993 Net movement in included in the above are as follows: Incoming resources expended Movement in fimds Unrestrieted fundy General fund 4.412,180 (4J91.725) 20,455 Restricted funds Asylum seekerlrefu8e¢ support fijnd (10,053) (10,053) TOTAL FUNDS 4,412.180 (4,401.778) 10.402 Page 25 continued...

NOTE THE FIN LSTA FOR TH AR ENDE 31 MAR tlnued 2024 i& MOVEMENT IN FUNDS- eontlnved Comparatives for movement In ￿ndS Net movement in fimds Transfers At 1.422 31.3.23 Unrestrieted ￿nd$ General fund 349,894 275.000 68.644 (40,994) 40,994 377,544 315,994 624.894 68,644 Restrleted fuDds Asylum seeker/re support fillml 693,538 10,053 10,053 TOTAL FUNDS 624,894 78,697 703,591 Comparative net movement in fill￿ included in the above are as follows: Incoming Resources expended Movement in funds UDrestrl¢ted funds General fund 3,967.899 (3,899,255) 68,644 Restrlcted fuDd$ Asylum seek¢rlre support fund 25,000 (14.947) 10,053 TOTAL FUNDS 3.992,899 (3,914202) 78,697 A current year 12 months and prior year 12 months combined position is as follows: Net movement in fimds Tra￿sferS At 31.3.24 At 1.4.22 funds Unrestrl¢ted funds General fund Designated unrestric*d fimds 349,894 275.000 89,099 (15,092) 15,092 423,901 290.092 624,894 89,099 713,993 624,894 89.099 713,993 Page 26

PLI NOT THE FIN FOR TH IA STAT ED ARCH 2 MOVEMENT IN FUNDS- eontlnued A Current year 12 montlL8 and prtor year 12 months Combined net movement in fund4 included in the above are follows: Incoming Resources Movement expended in funds Unrestricted funds General fill 8J80,079 (8290.980) 89,099 Restrieted funds Asylum seekerlrefugee support fimd 25,000 (25.000) TOTAL FUNDS 8.405.079 {8J15,980) 89,099 19. RELATED PARTY DISCLOSURES S Cotter-Burge4 during the year. was a director in Merseyside Law Centre Limitsd A balance of £nil (2023 £nil) was owed from Merseyside Law Centre Limited at the balan￿ sheet date. 21k ANALYSIS OF FUNDS De8igDated uorestrleted funds Funds At 1.4.23 At 31.3.24 ClOsurelred￿dancY costs Children foundation 275.000 275,000 15,092 (25,902) 315,994 (25.902) 290,092 Closurelredundan¢y costs - Costs desi&wt¢d for the recO￿ls¢d risk of losing a Si￿lficant number of service Contracts and the subsequent loss ofjobs that this would entail. Children fowjdation - Costs desi￿ated for the fithwe transfer of the Children's nursery into a new charitable organisation. Page 27 continued...

PLI STOTHE HE YEAR END STAT 31 MAR NTS- 24 21. DEFERRED INCOME Deferyed income comprises gant income r&Yived in advance from block Contracts relating to services to be provided during the year ending 31 March 2025. Balance as at l April 2023 Amount released to incoming resourLYS Amount deferred in year 25,942 (25.942) 24,531 Balance as at 31 March 2024 24,531 Page 28