The Spires Centre
A Company Limited by Guarantee
Report and Unaudlted Flnanclal Statements
Year ended 30 September 2024
Charity Registration No. 1076888
Company Reglstered in England No. 03785409

THE SPIRES CEKfRE (REGISTERED NUMBER." 03785409)
Report of the Trustees
for the year ended 30 September 2024
The Trustees have pleasure In presentlng thelr Annual Report and Account5 for the year end
31 March 2024. This Is also a Direttors, Repon requlred by Companie5 Act. The Trustees.
Annual Report contalR5 a Directors. Reporr as requlred by cofflpany law. The report and
accounts comply with the requirements of the Companles Act 2006 and Accounting and
Reporting by Charttle5.' Statement of Recommended Practlce appllcable to charltles
preparing their accounts In accordance with FRSI 02 (effectlve l January 2019).
Objectlves and Activltles
l. Sumfflary of charws objects
Splres Is a hlghly regarded charlty that has been worklng with homeless and dlsadvantaged
people In South London since 1990. Spires support5 people to exit homelessness. malntaln
accommodatlon and access a network of support in order to achieve thelr goals.
Our obLects are as follow5..
The rellef of persons In need by reason of youth, age,111-health. dlsablllty, finandal
hardshlp or other dlsadvantage, in partlcular In South London and the surrounding area, by
provldlng counselllng, Information, advlce, food. clothlng and other Items through outreach
and by any other charltable means."
The objects were offlclally changed wlth the charlty commisslon In February 2025 whlch Is
outslde of the reportlng perlod of these account5. However. the new objects are Included
here as the revlew of our objects was underway during the reporting perlod. The prlmary
change is that under the new objetts Splres Is no longer11sted as a day centre. The change
means that the objects better reflect hu•V Splres works under the new model
2. Slgnlficant Activities
Spire5 5UPPOrts people who are deallng wtth complex Issues, whlch have resulted or mlght
result In their homelessness. In addition, Splres helps women at rlsk of violence and those
engaged In sex work.
2.1 Pamela's 25 years of servlce
Thls year marked 25 years of service for our Head of Cllent Servlces. Pamela Mhlophe. She
has been Instnjmental to the development and evolution of Spires, to learn more about her
achievements, check out our blog piece: http5=Ilwww.spires.org.uk/news-bloglpamela-
mhlophes-25-years-at-splres. We are grateful to Pamela for her dedication and support.

Pamela belng fecGgnlsedar rhe Wlmbledon Foundatlon
2.2 A new era for Splres
A slgniflcant event for 2024 was the Identlflcatlon and subsequent move into our new
premlses In Stockwell following the end of our lease with St Leonard'5 Church Hall. This
marks the end of an era as St Leonards Church Hall had been Splres. home 51nce our
Inceptlon, wlth members of St Leonards Church and The Engllsh Martyrs Cathollc Church
belng Involved In the settlng up of the early activlties and forrnation of Spires. Whllst It wlll
not be our maln centre of operations. we look forward to contlnuing to dellver weekly drop-
In services from St Leonards Church Hall.
The move presented an opportunlty for Splres to accelerate the implementatlon of our
multl-slte model. Thls model sees Splres move to a rnodel of working across multlple sltes.
The objectlve Is to expand our servlces into new locations and making our them more
accessible to people In need.
2.3 Rough Sleeper Servlces and Tenancy Supporr
Our Rough Sleeper and Tenancy Support Services work to empower homeless and
vulnerably housed adults, to Source and maintain secure and appropriate accommodation

whllst tackling the root causes of their homelessness. Our service Provide5 stability and an
opportunity for people to rebulld thelr Ilves.
Our breakfast servlce runs four days a week and Is open to anyone in need. Last year we
serrfed 3.234 meals and this Is often how we flrst meet people who need support. At the
breakfast sessions cllents are provlded wlth a comblnatlon of practical support. such as
accesslng to warm clothlng, and more In depth casework support to exlt homelessness and
Ilnk in wlth vital servlces. Every person's plan Is different, but the team conslstently support
people to:
Access or maintain houslng and accommodation
Access mental health services and adopt wellbeing strategies
Reglster wlth a GP and access physlcal health servlces
Work wlth drug and alcohol servlce5 and establlsh healthler coplng strategles
Develop basic rr, budgeting Ifinance skills and work-ready skills
Maintaln personal safety and establlsh a support network
Alongslde our team of skilled support workers, we have key partnerships with other
agencies who bring speciallst services to our drop-ins. These include-
The sfART team who provide mental health support on behalf of the NHS. This has
'helped a number of cllents to access mental health support. who would not have
been able to do thls otherwise.
Southwark Law Cenire, The NHS Health Incluslon Team and other ImmigratSon teams.
We work wlth these partners to ensure that cllents have acce5S to Immigration
advlce.
The Salvatlon Army employablllty servlce. We work together to provlde support to
cllents who are looklng for work.
The Thames Reach outreach team wlll often attend drop-lns to meet wlth cllents.
Thls 15 Lambeth's commlssloned outreach team and they play an Important role In
5UPPOrtlng homeless people.
A new and exciting partnership thls year was our Ilnk up wlth The Lunch Club cfLQ. In
July 2024 TLC joined our drop in at St Leonards. Each week Spires deliver our usual
breakfast for people experiencing homelessness. After thls TLC provlde a communlty
lunch whlch Is well attended. This session providès a further opportunity for the Spires
team to meet more people who may need support and provides a space for community
connection for the people we support.

Case stydy:
Stephen visited Spires after being evicted from his home. His son had passed away
and he was sufferlng complex health Issues. After sleeplng rough for weeks. he came
to Splres. We provided him with washing facilities. food parcels and wami clothes.
before successfully helping him move into sheltered housing.
Splre51s now helplng hlm to address hls health Issues, Includlng referrfng hlm to a
bereavement counclllor. who he 5peak5 to weekly. He descrlbed Spires. help as
'offering him a new beginning..
2.4. Croydon DroTrln
In addltlon to our regular Rough Sleeper and Tenancy Support Service In Lambeth, In
November 2023 we began to operate in the neighboring borough of Croydon for the flrst
tlme. Once a week we rvn a drop-ln service in partnership with Croydon Refugee Dav Centre
ICRDC) for newly recogni5ed refugees who are homeless or at rlsk of homelessne55.
The 5ervlce was set up In response to the emerglng refugee homelessness crls15. Accordlng
to offlclal Government data, people sleeplng rough after leavlng asylum accommodatlon In
England, had Jumped from 42 people In July 2023 to 469 In December 2023.
Thls project Is partlcularly Innovatfve as It Involves co15aboratlon between homele55ne55 and
refugee charltles and Croydon Local Authority. To the best of our knowledge. It Is one of the
only projects of Its klnd dellverlng targeted support for refugees In London. The support we
have provided has Included..
Help to understand and access housing options, includlng the Councll
housing team; help completlng outreach referral5.
Support to make benefit applicatlons or open a bank account
Help to register or be referred to health servlces.
Slnce Its opening In November 2023, Splres has supported l 19 people through thls service.
Case Study:
EL attended our Croydon refugee serrfice after being gwen notice to vacate the hotel. As a
young, healthy male wlth no dependents he was not a prlorlty for Councll
accommodation. With no support network in the UK, he didn't know what to do. EL'5

caseworker provided him with a sleeping bagi food, tollerrles and helped him apply for
accommodation. Spires helped EL prepare for his asse55menL advising hlm of what would
happen and the documents he would need to provide. A week later, EL avoided street
homelessness, as he was offered a hostel space.
2.5 Women's Servlces
Splre5 ha5 a dedicated team of staff who focus on supportlng women. Central to this is the
Splres 5treetllnk seNlce which for the last 2 5 years has maintained a consistent source of
support for women who are engaged in sex work.
Women who are sex working from the street are among the most marginalised and it Is
therefore essential that support is delivered through outreach. Supportlng them In thelr own
terrilory, on their (Mn terms and at times that colncide with their worklng hours, enables us
to build trust and establish posStive relationships to achieve beneflclal outcomes. Our
Spires-street link service ha5 continued to complete 2-4 outreach se$51ons per week durlng
2023.
The key alms and outcomes from outreach Include:
Provkllng condoms and harm reductlon advlce
Provldlng a Ilnk to other support servlces
Slgnpostlng women who are sex-worklng to the Spires Centre.
Thls year we have also started to dlverslfy our approach to outreach. For Instance. since
September, as part of the Lambeth Community Project, Spires. has partnered with the MET
pollce to deliver periodic outreach sessions on Windrush Square which has provided an
opportunity to meet with the women we support outside of our vehicle. When Splres.
outreach takes place between l Opm and 2am, our sUPPOrt workers provlde support wlthout
exiting the organi5ation's car for safety reas6n.
Since March 2024. we have run a weekly women's only drop-Sn service from our new offtce
location in Brixton. Thls Is done In partnershlp wlth Refuge and alms to support women at
risk of homelessness. vlolence and other social Injustice. The women's drop Is dellvered In
partnershlp wlrh many of the agencles11sted above who attend breakfast servlce. For example
the employabillty ad￿Ser from Salvatlon Arniy, Thames Reach outreach and the START team.
The drop in also benefits from having a speclalist DV workÈr frorn Refuge attending.
The sessions are well attended, and we had 175 attendances over the year.
In addition to this, the pilot based within Lambeth's Drug and Alcohol Service has continued.

Case study:
Katie attended our women's drop-in looking for support after experiencing
harassment from her neighbour5. Katie ha5 EU pre-settled status but needed help to
apply for Unlversal Credit as she was not currently able to work while recovering from
varlous health Issues.
Wlth support from Splres, she Is worklng wlth Lambeth Councll and the pollce to tackle
and challenge the harassment she Is experlenclng from nelghbours. Katle knows
Splres is a safe place she can come to for support and has continued to meet wlth the
team. She has also been connectlng with the sfART team to address her mental health
need5.
3. Cllent Feedback
Durlng 2024 Splres also Introduced feedback surveys. Servlce users are Invlted to complete
satlsfactlon surveys on a quarterly basls and thelr Suggestions are encouraged and acted
upon. The results of the surveys and the feedback have fomied a central part of our
measure of success in our work.
The flrst of these took place between 7~I i ottober 2024. Of the 36 people sur4eyed'.
83% agreed they felt %ery satlsfied" wlth the support they get from Splres
89% agreed "I feel effertlvely supported and clearer on my next steps"
78% agreed .1 have greater awareness of the support available to me.
81% agreed .1 feel I have an Improved abllity to manage my sltuation.
86% agreed '] feel my quality of Ilfe Is Improved as a result of the sUPPOrt I have
recelved.
81% agreed .1 feel less Isolated a5 a result of the support I have recelved.

Client Quotes
66
The stoff hav? boon most welcomiTrg, and hèlpl in tha most
difficult limes for me. BLyng homeless & afraid, I feel sofe in
their compony and they htsve been o mossive help in
helping me bock lo some sort of decent lif8. They are on
amazing leam thttF are true to whot they do and go beyond.
I hove never had such genuine people help me. I would like
to thank the Spires leom forthe comfort & guidance they
hovÈ shown me - I don't fe81 so ulone onymore.
99
66
I hove always received a very good service from
Spires. When I was homeless I got a lot of support to
flnd accommodotion. I'm now in o hougng
association provided by Spiros. I would recommond
other people to get help if they need so from Spires.
As someone who has got lo know
the services Spires provide,. $1 15 0
9reut service. l am blessed with
such local help and support
99
99
66
'The support I received wa5 oma2ing and
helped me oul so much, l cannot express how
much Spires hos done for rnyselfand others -
Iruly omozing. I now havè o flol and om
turning my life or¢und. Amozing people!*
99
4. Flnanclal Revle
The Statement of Flnanclal Activities shows income of £623.687 12023.. £580,447) of which
£294,450 (2023: £310.691) was restricted and £329,237 (2023- £269,756) was
unrestrlcted. The total expenditure was £596,514 (2023-. £574,019) of whlch £294,450
(2023- £310,691) was re5trlcted and £302,064 (2023: £263,328) was unresirlcted. Net
Income for the year was £27,173 (2023= £6.428). Thls resulted in increase In total funds at
the end of 2024 to £316,825 from £289,652 in 2023 of which £50,000 (2023.. £50,000)
was restricted and £266.825 (2023= £239,652) was unrestricted.

4.1 Prlnclpal fundlng sources
Ouring 2024 fundlng from a comblnatlon of grants from trusts and foundations, statutory
and govemment grants. consultancy Income and donations and legacies has enabled the
continuation of Spires, services. Grant5 from tnjsts and foundations account for
approximately 57% of our annual Income, thls Is a reduced percentage when compared to
previous years and 15 taken as evidence that Splres attempts to dlverslfy our Income have
been broadly successful.
As well as flnanclal 5UPPOrt. Spires receives other assistance (In-klnd support from
Indlvlduals, church communitles. schools and community groups). Splres remains equally
appreclatEve of thls flnanclal and In-kind sUPPOrt. A full list of our donors and supports can
be found at the end of thls reporL
4.2 Prlnclpal flnanclal management pollcles
Splres has a slmple flfianclal structure and model focussed on the need to sustaln a
breakeven posltlon. supported by a prudent level of flnancial reserves.
4.3 Reser￿$ pollcy
Free reseroes are unrestrlcted funds not Invested In fixed assets or otherw15e cornmltted.
The Trustees have established a pollcy of aimlng to malntaln free re5erve5 of between three
and.six months of total resources expended, whlch equate5 to a flgure of between 155,922
and 311 ,844. In the current year the unrestricted reserves are £266,825. Restrlrted
Reserves of £50,000 are being held as an emergency fund to be used only to cover closlng
Costs In the event that the organisation cease to operate.
5. Revlew of the Year
5.1 The Splres flnanclal year ends on September 30th However. for the sake of clarity we
reference the calendar year January- December of 2024 In the below revlew.
Over the course of 2024, the demand for SpirFS' services has contlnued to be high. In total.
there were 5,325 attendances across all our services. amounting to 757 dlfferent people
over 1 ,869 se55ions. During this time. we served 3.234 breakfasts and supported 466
dlfferent people who were rough-sleeplng.
Demand for our women's sep4lce has also contlnued to Sncrease over the course of the year
and the number of contacts wlth women has risen to 1,673 compared to 1.398 In 2023, 784
In 2022 and 1,179 over the same perlod in 2021. The number of women supported through
In-depth casework ha5 also continued to Increase- 373. compared with 369 In 2023, 310 in
2022 and 353 In 2021.

As descrlbed above, Splres Is focused on the outcomes achieved through targeted
interventions. This is a shift from short term help to longer term recovery. Some key
outcomes from 2024 are included below:
Splres 2024 In numbers
Housing
4PIAF.S
People supported into
housing
People supported
to avoid eviction
People referred to
street outreach
315 people recelved
housingsUPPOrt
143
34
124
Health
People SLlPPC)rted to
attend health
.appn"ntrnpnts
People supporred ro
engage wlrh drug &
alcohol £prvices
People supported to
en8agewlth the
mental hAal:li team
117 people recelved
health support
Ivelfare Benefits
mLii*rJined
Welfare Benefits started
People supported to
start v.i*rtitr,iining
122 people recelved
benefitslwofk support
o o o
5.2 Comrnunlty Support
Splre5 ha5 undergone a perlod of slgnlflcant change and Is now worklng across
multlple slres. However, at our core we are a Voluntary and Community SeNices
(VCS) organlsatlon that was born out of a community response to help those in
need. Our volunteer base and community SUPPOrters remain an essential part of
Spires.
Over the course of 2024 we have undergone a recruitment campaign to attract new
volunteers. Followlng a comprehenslve onboarding and Inductlon these volunteers wlll
support with the delivery of Outreach and Housing and Homelessness drop-ln services. Here
Is what some of our new volunteers said about what motivated them to support Spire5'.
io

Volunteer Quotes
66
-[ would lik• to volunteer because I have personolly
experienced homelessness in thè past due to a domgsli¢
obusive relolionship ihot forced meto leavo my home for
my sofety. Dug to thoi diffictsl* timg, charilies like Spires
were a lifeline for me. providing the support I needed when I
had nowhere else lo lurn. Now thot rny life is stable, I feol it's
the perfect time to give back lo my local community."
99
66
I have begn impressed with the supportyou give to women.
I now have some additional free time. os I start a new job (in
the same field) ihot is part lime. I would like to support o
charity that WDrk$ with people experiencing homelessness
andlor housing issue5, os this is on orea thol intersects with
my current work. I find that housing i$sues aro becoming
morts and more prevalent omongst my clients.
99
66
"Volunteering with Spires allows me lo
conlinue helping other5 in Lombelh while
pursuing my possion for supporlin9 v¥omen
and gir15 impacled by viol&nce. I would like to
contribute to the important work Spires is
doin9."
99
6. Future Plans
6.1 As detalled above. Splres has gone through a period of rapid change. At the end of our
flnanclal year (October 2024) we were dellverlng services In Croydon and Lambeth and
operating out of four locatlons across Lambeth In Streatham. West Norwood, Brlxton and
Stockwell. We were also maklng plans to set up a new service In Wandsworth to start In
January 2025.
Whilst this period of change has been a success. there Is acknowledgment across the
organisaiion that what is now needed is a period of stability.
This understanding is reflected in Spires, new strategic objecrlves for the next two years.
These are that our services should be:
li

Embedded - Embedding the new model and operations. Looking at how we deliver
our servlces and making sure that we are clear: where. when and why we run the
servlces that we do.
Strengthened - Strengthenlng our support offer and focusslng on contlnuous quality
improvement.
Sustalned - EnsurSng we have the resources. people and processes we need In order
to achleve the above two objecttves.
Our focus for the year ahead Is therefore to dellver on these core objectlves. Some elements
of thls that we would like to highllght
rr: To better support staff. we will be Investlng in our IT Infrastructure. Thls will mean
providlng staff wSth the equipmerrt they need to work in an aglle way between 51tes.
Trauma Informed Practlce: To strengthen our support offer we wlll be undertaklng a project
to embed trauma Informed practice across our serrfice5. This projert will be delivered with
the support of homeless Ilnk wlth funding provlded by the Uoyds Foundation.
Fundralslng Strategy.. In order to develop and sUStaln our fundralslng efforts we wlll be
developlng a new strategy. Thls will include a focus on expanding our communlty SUPPOrter
base and Sooklng ai way5 for Splres to share the p051tlve Impact of our work by building our
profile.
As well at the strategic objectlves, Spires has defined its organisational values whlch are:
12

THESE ARE OUR
C(pre Values
SPIRES
Welcoming
Hopeful
Creative
Professional
Ik*- Collaborative
These value5 underpin all current and future work carried out by Splres.
6.2 Flnandal Plannlng
A key focus for 2024 was to establlsh new multi-year funding grants as an Identified rlsk
was that some key funding streams were coming to an end. Multi-year funding will also help
US to achieve greater financlal stabillty across several years. We ended the Spires. financ4al
year with a number of pendin9 Outcomes from multi-year funders.

The focus for the 2025 year is therefore to establish multi-year funding Streams. contlnue
with the progre55 we have rnade around cornmunity fundraising and to further develop our
relationships With local authority funders.
To support our focus on income generation and dlversification, Including our renewed focus
on communiry fundraising and engagement a full-time Head of Fundraising and
Communications was appolnted on l January 2024. In July 2024 our part-rlme
Communlcatlons Offlcer became full-time a5 our Communications & Communlty
Engagement Lead Wlth responslblllry for helplng to recrult new volunteers.
7. Structure, Govemance and Management
Splrns, le1d•￿h1p structur• Ind ¢0v•m•nc•
7.1 Governlng document
The charlty Is controlled by Its governlng document, a deed of trust. and constltutes a
Ilmlted company. Ilmlted by guarantee, as defined by the Companies Act 2006. Spires Ss a
prlvate charltable company Ilmlted by guarantee. havlng no share capital, governed by Its
memorandum and article5 of association. The liability of each member in the event of a
wlndlng up Is £1 O. The charltable company does not use 'Umlred' In Its name by virtue of
section 30 of The Companies Act 2006. The affairs of the company are managed by the
Trustees who arÈ obllged to meet at least four tlmes a year for thls purpose. The Trustees
may number between three and ten.
14

7.2 Publlc benefit
When planning activities, the trustees have consldered the Charfty Commlsslon's guidance
on public benefit and are satlsfled these are compliant with the guldance.
7.3 The post of Trustee
Trustees are recruited through advertlslng followed by an application and intervlew.
Subsequent appolntment Is by an ordinary resolution of the Board. Trustees are subject to
perlodlc retirement and reappointment.
7.4 Trustee Indurtlon and tralnlng
New Trustees vlslt the Centre to meet staff, volunteers and cllent5 and to understand fully
the nature of Splre5 work. New Trustees are encouraged to shadow Spires, key staff by
arrangement. Funher 5peclfic skills training deemed necessary to undertake the role of
Trustee may be arranged in conjunction wlth Splres Chalr of Trustees and Spires Chief
Executlve.
7.5 Management and organlsatlon
The Trustees meet every two months to coordinate the general strategy, directlon and
management of Spires, receiving detailed reports from Spires, Chlef Executive and other
officers a5 required. In additlon. there Is a sub-committee structure in place to progress
certaln crltlcal areas of work with the day-to-day affalrs of Splres delegated to the Chief
Executlve.
7.6 Rlsk management
The trustees have assessed the major rlsks to which the charltable companyls exposed and
are satisfied that systems are in place to mltlgate the exposure to those risks. An
organlsational risk reg15ter is held and reviewed at each board meetlng.
8. Reference and Admlnlstratlve Detalls
Reglstered Company nurnber
03785409 (England and Wale5)
Reglstered Charlty number
1076888
15

Governing Document
The Charity's governing document Is its Memorandum and Articles of Assoclatlon, which
were registered on 9 June 1999. amended on 12 July 2000, and amended by special
resolution on 26 April 2017. As described in the trustees. report, the constlrutlon wa5
further amended on 4 February 2025 wlth the Charity Commission's approval: however, thls
amendment has yet to be reglstered wlth the Companles House.
Reglstered office
2rxl Floor, Elmfleld House.
5 Stockwell Mews
Lambeth
SW9 9GX
Trustees
Fleur Swaney
Natasha Roberts
Dan Fairclough (resigned 2 5.11 .2024)
Rossana Rocchlnl
Fiona Richmond
Slmonetta DI Benedetto (appolnted I1.06.2024)
Hugh Llnd5ay (appointed 13.08.24, re51gned 25.11.2024)
Idrls Arshad (reslgned 5.02.2024)
Independent Examlner
Charlty Accountant
01732 807 48210772 705 5016 ￿W.Charl1YacCOUntant.cO.uk
shruti@charityaccountant.co.uk Company regsstered In England no. 09314304 Reglstered
office= l 17A St. Johns Hlll. Sevenoaks TNI 3 3P
Bankers:
Natwest. Streatharn Branch, 54 Streatham Hlgh Road, London SWI 6 1 BZ
Bank of Scotland, 600 Gorgie Road, Edinburgh EHI 1 3XP and
The Spires Centre Is a member of.
Homeless Llnk
Lambeth MARAC
Lambeth VAWG Forum (Violence Against Women and Girls)
16

Larnbeth Sexual Exploitation Harm Panel (SEHP)
Women'5 Resource Centre
National Ugly Mugs
Servlce Partnershlps
C4WS
Care4Calais
Croydon Council
Croydon Refugee Day Centre (CRDQ
Croydon Reach
Emmaus SLC
Find & Treat Team, UnSverslty College Hospltals London
Glassdoor
Groundswell
Guy's and St Thomas, NHS Foundatlon Trust's Health Inclusion Team
Job Centre Plus
Kings College Hospital, Community dentistry team
Lambeth Councll
Lambeth Drug and Alcohol Treatment Consortium
Lorralne Hewltt House
Refuge - GAIA Centre
Safer Neighbourhi)od Tearn
Salvation Army
South London and Maudsley Hospltal
Southwark Law Centre
SPEAR London
START Team
St Leonards Church, Streatham
St Luke's Church. West Norwood
St Nlcholas Church. Tootlng
St George's Hospital, Homeless Inclusion Team¥
Team A5 Support
Thame5 Reach
The Lunch Club, Streatham
The Robes Project
Wandsworth Communlty Drug & Alcohol Support (WCDAS)
West Croydon Bapilst Church
Young Roots
Funders and Communlry Supports: We are very grateful to the organlsatlons that have been
generous supporters of Spires In the flnandal year.
Communlty Supporters:
Aviva
17

Clty Harvest
Fare5hare
Horsnby House School
Saltgate
Stjames The Greater, Cathollc Church, Thornton Heath
St Luke's Church. Battersea
St Margaret's Badmlnton Club. Tootlng
St Mark's Church. Balham
St Mary's Church. Merton
Stockwell Methodlst Church
Tesco
The Co-op
Wlmbledon Foundatlon
St Mary's Merton
Funders:
Abbvle Ltd
Barratt Foundation
Buziacott
Clty Bridge Foundation
Coopers Charlty CIO
Croydon Asylum-seekers Suppon Fund
Department for Culture, Medla and Sport
Garfield Weston
Gowllng WLG Charltable Trust
Hlghfields Trust
Inner London Maglstrates Courts Poor Box and Feeder Charlty
LandAld
Lambeth C05t Of Llvlng Fund
Leeds Bulldlng Society
LHA
Lloyds Bank Foundatlon
Lloyds Bank Foundation Specialist Fund
London Caialy5E- Project Grant
London Catalyst - Samaritans Grant
Mlranda Bennlon Charltable Trust
Q Charitable Trust
Refuge - Lambeth VAWG
Souter Charitable Trust
Stavros Nlarchos Foundatlon
Streetsmart
Streets of London
The Albert Hunt Trust
The Alexandra Trust
18

The Chapman Trust
The Felix Trust
The Fitton Trust
The Marsh Trust
The Natlonal Lottery- Reachlng Communitles
The Wimbledon Foundation Homelessness Fund.
The Worshlpful Company of Secretarles
Thrale Almshouse and Relief in Need Charity
Approved by order of the board of trustee5 on Lthth&2025 and slgned on Its behalf by:
Ms Rossana Rocchlnl - Trustee

Independeirt EXamine￿S Report to the Trustees of The Splres Centre
I report to the charitytrustees on my examination of the accounts of the company for the year ended 30
September 2024 as set out on pages 21 to 32.
Responsibilltles and basts of report
As the charity trustees of the company land also its directors for the purwses of company law} you are responsible
for the preparation of the accounts In accordan￿ wlth the requirements of the Companies Act 20C6 ('the 2C06
Having satisfied myself that the accounts of the company are not requlred to be audited under Part 16 of the 2(X)6
Act and are eli@'ble for independent examlnation, I report in respect of my examination of your cornpanvs
accounts as carried out under settion 145 of the Charitie5 Att 2011 {Ihe 2011 ACV). In carrying out my
examlnatk)n I have folSowed the Directions wen by the Charty COMM￿s1on urKler sectlon 14515){b) of the 2011
Art.
Independent examlner's statement
Slnce the companrfs ￿0$$ income exceeded £250,(bXi your examiner must be a member of a body1Ssted in
section 145 of the 2011 Att. I confim that l am qualified to undertake the examination becau￿ l am a member of
the Associatlon of Certified Chartered Accountants, whlch Is one of the Ilsted bodies.
I ha￿ completed my examSnation, I C￿￿1n￿ that no matters have come to my attenth)n In connection wlth the
examination giving me c3use to believe that Sn any material respect:
l. accounting records were not kept kn respect of the company as required by sertion 386 of the 2006 Att; or
2. the accourrts do not accord with those records,, or
3. the accounts do not complywith the accounting requlrernents of secdon 396 of the 2<￿ Act other than
any requlrement that the accounts 8ive a true aThl fair via¢ which Is not a matter consldered as part of an
independent examination. or
4. the accounts have not been prepared In accordance with the methods and prfncipbes of the Statement of
Recommended Practice for accounting and reporting by charitses lapplicable to charities preparing their
accounts in accordan￿ with the Finanaal Reportlng Standard applicable in the UK and Republic of Ireland
(FRS 1021.
I have no concems and have come across no other matters in connection with the examination to which attention
should be drawn In thls report in order to enable a prcyer understanding of the accounts to be reached.
Signed:
Shrutl Soni FCC4 ACIE
Shruti Soni Ltd
1173 St Johns Hlll
Sevenoaks
TN13 3PL
Date 0610612025

The Splres Centre
ststement of flnanclal activitles (incorporatlng an Income and expendlture account)
For the
ar ended 30 Se
ternber 2024
2024
Total Unrestrlcted RestrScted
Funds
Funds
Funds
2023
Total
Funds
Unrestricted Restrlcted
Funds
Fund5
Note
Restated
Restated Restated
Income from..
Donation5 and legacles
Charitable activities
Tenanry Support - consultan
Women's Support Service -
consultancy
Other trading activities
Investments - bank Interest
277,004
294,450
571.454
220,629 310.691 531.320
37.932
37.932
35,958
35,958
2,000
5,727
5.442
2.000
5,727
5.442
136
14.165
136
14,165
Total Incorne
329,237
294.450
623,687
269,756
310,691 580,447
Expendlture on:
Raising funds
Charitable actlvltles
Rough Sleeper Ser4dce
Tenancy Support
Women's support Service
2,465
2,465
30,474
30,474
73.564
62.592
163,443
203.580
277,144
62,592
254,313
100.780
94.059
38,015
93.333 194,113
94,059
217,358 255,373
90,870
Total expendlture
302,064 294,450
596.514
263,328 310.691 574.019
Net Income l (expendlture)
27.173
27,173
6,428
6,428
Transfers between funds
Net movement In fvnds
27,173
27,173
6,428
6,428
Reconclllatlon of fvnds:
Total funds brought forward
239,652
so.000
289,652
233.224
50.000 283,224
Total funds carrled fornard
266,825
50,000
316.825
239,652
50,000 289,652
All of ihe above results are derived from conllnuing artivities. There were no other recognised gains or losses other than those stated
above. Movements in funds are disc105ed in Note 14 to the financialstatements.
21

The Splre5 Centre
Balance sheet
Company no. 03785409
t30Se
tember 2024
2024
2023
Note
Fixed assers:
Tanglble assets
1,262
9,873
1,262
9,873
Current assets:
Debtors
Cash at bank and In hand
49,351
312,148
47,836
277,828
361,499
325,664
Llabllltles:
Creditors- amounls falllng due wlthln one year
45,936
45,885
Net current assets
315,563
279,779
Total net assets
316,825
289,652
The funds of the charlty:
Restricted income funds
Unre5trlcted Income funds-
General funds
14
50.000
50,000
266,825
239,652
Total unre5tritted funds
266,825
239,652
Total charfty funds
316,825
289,652
For the year endlng 30 September 2024 the company was entltled to exemptlon from audlt under sectSon 477 of the
Companles Art 2006 relating EO small companies.
Trustees, Re5pon51bilities'.
The members have not required the company to obtaln an audlt of its flnanclal siarements for the year in
question In accordance wlth sectlon 476
The trustees acknowledge their responsibility for complylng wlth the requlrements of the Act with respect to
accounting records and the preparatlon of flnanclal statements.
These financial statement5, which have been prepared In accordance wlth the special prov15ion5 relatlng to the small
companies regime wlthln Pan 15 of the Companies Act 2006 and in accordance wlth the Financlal Reportlng Standard
applicable in the UK and Republlc of Ireland IFRS 102) leffective l January 2019). were approved by the Board on 04106125
and signed on it5 behalf by:
Name".
Trustee
&)&sA EoocAINI
22

The Splres Centre
Statement of cash flows
For the
ear ended 30 Se
tember 2024
Note
2024
2023
Cash flows from operatlng actlvltles
Net cash provided by l (used In) operating activities
20,155
5,787
Cash flows from Investlng actlffltles..
Dividends. interest and rents from Investments
14.165
5,442
Net cash provlded by l (used in) investlng actSvltles
14,165
5,442
Net cash provided by l (used In) financing activities
Change In cash and G￿h equlvalents in the year
34,320
11,229
Cash and cash equivalents at the beginnlng of the
year
277,828
266,599
Cash and cash equlvalents at the end of the year
16
312,148
277,828
23

The Splres Centre
Note5 to the flnanclal statements
For the
ear ended 30 Se
tember 2024
l Accountlng pollcles
a) Basls of preparatlon
The financial statements have been prepared In accordance vArh Accountlng and Reporting by Charltles:
Statement of Recommended Practlce applicable to charltles preparlng their account5 in accordance wlih the
Financial Reportlng Standard applicable In the UK and Republic of Ireland (FRS 1021 (effective l January
20191- (Charities SORP FPS 102), the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) and the Companles Act 2006.
Assets and liabillties are initlally recognised at historical cost or transaction value unless Otherwise stated In
the relevant accountlng policy or note.
b) Publlc beneflt entlty
The charitable company meets the definition of a publlc benefft entlty under FRS 102.
c) Going concern
The trustees conslder that there are no materlal uncertalntles about the charitable companvs ablllty to
continue as a golng concern. In formlng this opinion, they have considered income and Èxpenditure for at
least a perlod of twelve months from the date of approval of these flnancial statements.
The trustees do not conslder that there are any sources of estlmatlon uncertalnty at the reportlng date that
have a 51gnlflcant rlsk of causing a material adjustrnent to the carrying amount5 of assets and Ilabillties
wlthln the next reporting period.
d) Income
Voluntary Income Indudlng donations, glfts and legacles and grants that provlde core fundlng or are of
general nature are recognised where there is entitlement. certainty of recelpt and the amount can be
rneasured wtth sufficient rellability. Such income is only deferred when:
The donor speclfle5 that the grant or donation must only be used In future accountlng perlods.. or
The donor has Imposed condltlons whlch must be met before the charlry has unconditional entitlement
Investment Income Is recognised on a receivable basls.
Income from charltable actlvitie5 Includes Income received under contract or where entlrlement to grant
funding 15 subjett to speclflc performance conditions Is recognlsed as earned (as rhe related goods or
5ervFces are provided). Grant Income included In this category provldes fundlng to support advlcel
performance actlvltles and is reco9nlsed where there 15 entitlement, certainty of recelpt and the amount
can be measured with sufflclent rellablllty
Income received In advance of the PTovlslon of a specified service is deferred untll the crlteria for Income
recognltion are met.
e) Donarlons of gift5. 5ervlces and facllltles
On receipt, donated gift5. professional services and donated facllltles are recognised on the basis of the
value of the 9ift to the charlty whlch Is ihe amount the charity would have been willing to pay to obtain
services or facllities of equivalent econornlc benefit on the open market,. a corresponding amount is then
recognlsed In expenditure in the perlod of recelpt.
f) Interest recelvable
Interest on funds held on deposlt15 included when receivable and the arnount can be measured relIab￿ by
the charlty. thlsls normalty upon notlficatlon of the interest pald or payable by the bank.
9) Fund accounting
Restrlcted funds are to be used for speclflc purposes as laid down by the donor. Expenditure. Including
Staff cost, which meets these criteria 15 charged to the fund.
Unre5trlcred funds are donations and other incomlng resources received or generated for the charitable
Designated funds are unre5tricled fund5 earmarked by the trustees for particular purposes.
24

The Splres Centre
Notes to the flnanclal statements
For the
ar ended 30 Se
ternber 2024
l Accountlng pollcles Icontlnued)
h) Expendlture and Irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a thlrd
party. it is probable that settlement will be required and ihe amount of the obllgatlon can be measured
reliab￿. Expenditure is classified under the followin9 actlvity heading5'.
Cost5 of raising funds relate to the costs incurred by the charitable company In Induclng thSrd parties zo
make voluntary contributions to it, as V￿11 as the cost of any activities with a fundraising purpose
Expenditure ory charitable activities includes the costs of projects undenaken to further the purposes of
the charity and their associated support costs
Other expendlture represents those items not falling into any other heading
Irrecoverable VAT Is charged as a cost agalnst the actlvlty for whlch the expendlture w25 Incurred.
l) Operatlng leases
Rental charges are charged on a stralght Ilne bas15 over the term of the lease.
J) Tanglble flxed assets
Ilem5 of equlpment are capltallsed where the purchase prlce exceeds £500. Depreclatlon costs are allocated
to acrlvltles on rhe basls of the use of the related assets In those activltles. A55ets are revlewed for
Impalrment if clrcumstances Indicate their carrying value rnay exceed Ihelr nei reallsable value and value In
use.
Where fixed a55ets have been revalued, any exce55 between the revalued amount and the historic cost of
the asset wlll be shown as a revaluation resetve In the balance sheet.
Depreclatlon Is provlded ai rale5 calculated to wrlie down the cost of each asset to its estimated re51dual
valu& over Its expected useful Ilfe. The depreciation rates In use are a5 follows..
Fixtures. fittlngs and equipments
over 4 years
k) Inve5trnent propertles
Investment properties are rneasured Inltlally at cost and subsequently Included Sn the balance sheet at falr
Usted Investments
Investments are a form of baslc flnanclal Instrument and are Inltlally recognlsed at thelr transacrlon value
Debtors
Trade and other debtors are reco9n15ed at the settlement amount due after any trade discount offered.
Prepaymenls are valued at the amount prepaid net of any trade discounts due.
m) Credlrors and provlslons
Creditors and provlsions are recognlsed where the charlty has a present obligatlon resulting from a past
event that wlll probably result In the transfer of funds ro a thlrd party and the amount due to settle the
obllgatlon can be measured or estlmated rellably. Creditors and provision5 are normally recognlsed ar thelr
settlement amount after ajlowlng for arry trade dlscounts due.
n) Flnancial InSt￿MentS
The charlty only has financlal assets and financial liabilities of a kind that qualify as basic financial
Instruments. 8aslc flnanclal Instruments are Initially recognlsed at transaction value and subsequentfy
measured at their settlement value with the exception of bank loans which are subsequently measured at
amortlsed cost uslng the effertive interest method.
o) Penslons
The charlws contributlon to employees, personal pen51on 15 tharged to revenue on accrual basls.
25

The Splres Centre
Notes to the ftnaThclal statements
or the
ear ended 30 Se
tember 2024
pl Company Infonnatlon
The Spires Centre 15 a charltable company Ilmited by guarantee reglstered in England with
rÈgistralion number 1076888. It5 registered office address IS 2nd Floor, Elmfield House, 5
Siockwell Mews.Lambeth. England. SW9 9GX.
2 Income from donations and legacies
2024
Total
2023
Total
Unrestricred
Restrlcted
Restated
Donations and legacles
Crants from trusts and foundatfions
Statutory and government grants
Donation in kind
102.230
96,907
75.227
2.640
102,230
357,497
109.087
2,640
76,632 0
454,687
260,590
33.860
277,004
294,450
571,454
531,319
Donation In kind Include glfts of sleeping bags. food and toiletries.
In prevlous years incoming from project grants was recorded a5 income from charitable activities. It Is now
recorded as Income from donations as per SORP guldellne5. For conslstency thls change Is reflecied In both
curreni and prior year presentations In these accounts.
Statutory and government grants Includes grant of £62,500 from The Government's Communlty
OrganSsatlons Cost of Llvlng Fund (delivered by The National Lottery Community Fund).
26

fo
¢ncN ooN*
¢£* tyi ry
i o)
¢71 1 rn
r¥
enth
QI CLSi¢J

The Splres Centre
Notes to the flnanclal statements
For the
ar ended 30 Se
tember 2024
Net incoming resources for the year
This15 Stated after charglng:
2024
2023
Depreclatlon
OperatSng lease rentals..
Property
8,066
3,291
31,820
29,312
The trustees changed the depreciation method from reducing balance to stralghi Ilne to apply to all Items.
Prevlously, offlce furnlture and ￿ ￿tre depreciated uslng the reducing balance method. Thls change was
necessary to provlde rellable and more relevant information. The reducing balance method was resultlng
In an Inflated Flxed A55er on the balance sheet. Since the office furnlture and IT are deemed to have a
useful life of 4 years. the straight line method offers a more accurate representation of the depreciatlon
and value of rhese a55ets over rhelr useful life. The impact of such change to ihe accounts ro September
20241 Is an addltlonal depreclatlon charge of £5,639.
Analysls of staff costs, trustee remuneratlon and expenses, and the cost of key management personnel
staff costs were as follows..
2024
2023
Salarles and wages
Soclal security costs
Employer's contributlon to deflned contrlbutlon penslon Schemes
359,858
31.586
20,032
315,426
26,136
16,096
411.476
357,658
No employee earned more than £60.000 during the year (2023: none).
The total employee beneflts Indudlng penslon contributlons of the key management personnel were
£151,62812023= £141,855).
The charity trustees were not pald or reCe￿d any other beneflts frorn employment wlth the charlty In the
year1202 3.. £nll). No charlry irusree received payment for professional or other servlces supplled to the
charity12023.. £nil).
Trustees, expenses represents the payment or relmbursemtnt of travel and 5ubslstence costsls nll (2023-
£nil) relating to attendance at meerlngs of the trustee5.
Staff numbers
The average number of employees (head counr based on number of staff employed) durlng the year was as
follow5..
2024
No.
2023
No.
Charltable actNities
28

The Splres Centre
Notes to the flnanclal statements
For the
ear ended 30 Se tember 2024
Related patry transactlons
There were no related party transactlons to dlsc105e for 202412023.. none).
No related party donatlons were received that fall outslde the nonnal course of busine55. and no restricted
donatlons were received from related parries.
Taxatton
The charltable company Is exempt from corporatlon tax as all its Income Is charitable and Is applled for
charltable purp05e5.
TangSble flxed a55ets
Furniture.
fittings &
Equipment
Total
Cost or valuailon
At l October 2023
Addlrlons In year
Dlsposals in year
43,828
43,828
(38.097)
(38,097)
At 30 September 2024
5,731
5,731
Depreclatlon
At l Qctober 2023
Charge for the year
E]Imlnated on disposal
33.955
8,066
137.552)
33,955
8,066
(37,552>
At 30 september 2024
Net book vaiue
At 30 September 2024
4.469
4,469
1.262
1,262
At l October 2023
9.873
9,873
All of the above assets are used for charftable purposes.
l O Debtors
2024
2023
Trade debtor5
Other debtor$
Prepayments
Accrued income
5,707
450
14,183
29,011
1,762
20,519
25,556
49,351
47,836
29

The Splres Centre
Notes to the financlal statements
For the
ar ended 30 Se
tember 2024
I I Credltors: amounts falllng due wlthln one year
2024
2023
Trade credltors
Taxation and soclal securlty
Other creditors
Accrua15
Deferred Income
7.471
9,198
1.193
11,407
16,667
4,420
9,634
5,056
5,942
20.833
45.936
45,885
12 Deferred Income
Deferred Income comprfses grants recelved In advance for the comlng year
2024
2023
Balance at the beglnnlng of the year
Amount released to income In the year
Amount deferred In the year
20,833
(20,833)
16.667
6,667
(6.667)
20,833
Balance at the end of the year
16.667
20.833
13 Analysls of net assets between funds
2024
General
unrestrScted Designated
Restritted Total funds
Tanglble flxed asset5
Net current assets
1 .262
265,563
1.262
315,563
50.000
Net assets at the end of the year
266,825
50.000
316,825
2023
General
unrestricted Designated
Restrltted Total funds
Net current assets
239,652
50,000
289,652
Net assets at the end of the year
239,652
50.000
289,652
30

The Splre5 Centre
Notes to the flnanclal statements
For the
ear ended 30 Se
tember 2024
14 Movements In funds
Incorning Outgoing
At the start resources &
resources
of ihe year
gains
& losses
2024
At the end of
the year
Transfer5
Restricted fund5=
Rough Sleeper SeNice
8lg Lottery Fund
ciry of London
Women's Support Senrtce
London Catalyst
London Community Fund
London Borough of Croydon
London Borough of Lambeth
Stavros Nlarchos Foundatlon
Support Fund
163,580 (163,580)
40,000
140,000)
6,500
10.510
30.000
3,860
40.000
(6,500)
110,510)
130.000)
(3,860)
(40.000)
50,000
50,000
Total restrlcted funds
so,000
294,450 (294,450)
50,000
Unrestrlcted funds..
General funds
239,652
329.237 (302,064)
266.825
Total unrestrltted funds
239,652
329,237 (302,0641
266,825
Total funds
289.652
623.687 1596,5141
316,825
14 Movements In fvnds (contlnued)
2023
Incoming Outgolng
At the start resources &
resources
of ihe year
gains
& losses
At the end of
the year
Transfers
Restrlcted funds:
Big Lottery Reachlng Communltles
City of London
Garfield Weston
LHA London
5tavros Niarchos Foundation
Streets of London
Support Fund
171.450 {171.450>
45.908
<45.908>
25.000
(2 5.0001
30,000
(30,0001
23,333
(23.3331
15,000
(15.000)
50,000
50,000
Total restrlcted funds
50,000
310,691
(310,691)
50,000
Unrestrlcred funds..
Designated funds:
Special projects
General funds
154,940
78.284
1154,940)
154.94
269.756 (263,3281
239,652
Total unrestricted funds
233,224
269,756 (263,328)
239,652
Total funds
283.224
580.447 (574,019)
289,652
31

The Splres Centre
Notes to the nnanclal statements
For the
ear ended 30 Se tember 2024
Purpose of restrltted funds
Big Lottery Fund.. Wornen'5 services
City of London.. Women'5 5eNice5
Lottery Fund Reachlng Communities
London Catalyst." Homelessness
London Community Fund." CEO Salary
London Borough of Crovdon.. Refugees homelessness and sUPPOrt
London Borough of Larnbeth". Homelessne55
Stavros Nlarchos Foundation". Homelessne55 (salaTle5 and dlrect Cosrs)
Support Fund. Cllent grants
15 Reconclllatlon of net income l (expendlture) to net cash flow from operating actmtles
2024
2023
Net Income l (expendlture) for the reponlng period
(as per the staternent of flnanclal actlvlties)
Depreclatlon charges
Divldends. Interest and rent from Investments
IProfit)IIos5 on the dlsposal of fixed assets
Decrea5elUnC￿a5ej In debtors
{Decrease>llncrease In credltors
27.173
6,428
8,066
(14.165)
54S
(1,5151
51
3.291
15,442)
(18.801)
20,311
Net cash provlded by l (used In) operaiing attlvltle5
20,155
5,787
16 Analy515 of cash and equlvalenrs
Atl
Ottober
2023 Cash flow5
At30
September
2024
Other
changes
Cash at bank
277,828
34,320
312.748
Total cash and cash equlvalents
277.828
34.320
312,148
17 Legal status of the charity
The charlty Is a company limited by guarantee and has no share opltal. The liabllity of each member In
the event of windlng up is limited to £ l.
32