REGISTERED COMPANY NUMBE. 03622494 {England and Wales) REGISTERED CHARrrY NUMBER: 1078167 THE STREETLIFE TRUST UMITEO REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMETr¥rs FOR THE YEAR ENDED 31 MARCH 2025 Rushton8 Chartered Accountants Avroe Housg Avroe Crescent Blackpool Business Park Blackpool Lancashire FY4 2DP
THE STREETUFE TRUST LIMITED CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Pago R•port ofthè Trust8•s I to 2 Independent ExamlneV¥ Report statement of Financial A¢tlvltle$ 4 to 5 Balan Shoot Cash Flow Statèmgnt Notes to the Cash Flow Statement Notes to the Financial Statomonts 9 to 19 D•tallad Statsmont of Flnancl•l Adlvities 20 to 21
THE STREETLIFE TRUST LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 202J The twslgès who a also dlrectors of th& Chaty for the purpo of thg Compani88 Act 2006. present their report wllh the financial $l81gments of the charfty for the year endgd 31 March 2025. Tho trustees have adopted the provisions of Accounting and Rttporting by Charltles,, Ststemenl of Recommènded Practice appllcabla to charities preparin9 their accounts Sn accordance wth thg Finarbcial Reportlng Standard apFAlb1• In the UK and Ropubll¢ ol Ireland (FRS 102) leffective 1 Janu8ry 20191. OBJEcnvES AND ACTIVITIES ObJ•ctlve8 and alm8 The trust Is an Ecurnenlcal Youth Wgrk Charity, sponsored by the Blackpwl Town Centra Churches, workin9 wlh youny people in the centre of the town. In planning the actiwtles of the Trust for the year, Ihg Irusleas have referred lo the Charfty Commission's guldanc8 on publlc b&nefit and are B8tisfi8d thay meet the requirom8nts. The aims ol th8 Trust. as laid down In Ihg Trust Document 8ra.'_ a) To a8sl8tyoung people to reach fvll maturrty as indfvlduals. b} To improve thelr conditions of life. C) To help them reach their full physical, mentsl. emotional and splrltual potential ba88d upon a Christian ethos. ' Christian ethos - SlregUlf& is run accordlng to Christian PrilpIs. Its aim is to 5UPPOrt young people through Christian love, care and concern, irrèspe¢tlve of indivldual beliets. Slreetlrfe Is part of the local Bhurches service to the local community. Slgnlffcant a¢tlvlllos Durfng 202415 Straedlfe was able lo conllnue to provid8 a w8m, safe spac8 for vulnerable young peop In Blackpool. Our Nlghlshe0r remalnad open 24 hours 8 day and our day centre conned to bo open 5 days a week. FundSng frorn various grants along with thè generous support of tho local community has mgant we have baen able to provide 8 crffjcal service for Bome of the mostvulnernble young people In thg county. Fundin9 from Comic Rellaf has continued lo support the management of the day ¢8nlre. Ensuring that we provlda a programme of meaningftjl activitlos for those young p80pl& accessing tha servlco. St Martin's Sn lh8 Field conunue lo fijnd Slre$llifè to facilitate the Bla¢kpool, Wyre and Fylde Frontline Neork. Thls is an excellent prol8Ct providing local organisations wlth access to training, mggJngs and new81etters. to Share best prddc8 and information to kèep up lo date wNh ourrerbt legislation qnd topics across th8 field ¢f homelessness. Our in-house therapist. lunded by Any Lawson Memorfal Trust. CntinUed to support young peopl? in crfsLq providing a ¢81 service. We held our annual sleepoul on 4th Aprfl 2025 raising a great Sum of £37,000. Over 1001<)cal people slepl OLtside Ihe Nighlsh911ar to raisè awareness about youth homasSnesS and funds for Straotllle. Huge thanks go to Beaverbrooks for their conlinuod support spon8orfng the event, as wo11 as Blackpool Churth, Sl John's for hosting and refreshments, NVS Sgrwlces for providing Seourity and Vlncl Building UK Lld for provldlng the perirnetsr fgn¢lng. We are trem8ndousty grateful to all those who slept out and their famlly, ffiends ond colleagues for sponsoring them. Slreellrfe has onc8 agaln provided support to the Changing Futures Programme by provldlng a link worker. Thkq worker ensures that young people wilh complox need5 do nol fall through th8 net. They support Ihern to davelop Confiden and tw$t In local servlc&8 SO that they can access the support they need. The National Lottgry Communlty Fund aworded a gr8nl for a three year partnehIP project, of whlch Streeuife is the lead 0ry8nlsatlon. The Engag& 4 Change proj8Ct provides four teams of youth workers lo meet up wf(h young p8ople acro BlackpocA's dèprtved wards to help them to link into employment, education and tralning. The young psopte they work wth are the fvrthost away from the labour m8rkel and n8e(i to take small 5tep8 tOW8rds engaging in meaningful acuvlty. The local ccthmunlty ¢onkn'nue to b& oxlrèmely supporbve of Slreetli18's work and we are forever gra11 lo everyone who donates. volunteers and helps to promote our work. Local schools and falth groups have been extremely 9&narous at harvost and Chrfsbmas once agoin. Local groups and businesses also ¢onVnue to support us for exomple,. Norbaln. Glasdons, Booths Central, Rebelllon. The Galleon, Masonic. Rotary and FT09masons lodgès, Unlon branches, Care Homes, Nancy Kenyon Charity, Georg8 Cox and Sons, Groundwork UK. Police and Crime Commlssioner, Slngleton and Smart, Vlnci and many, many morg. We cannot do the work we do thout this supporL FINANCIAL REVIEW Flnanclal po$ltlon The net Incoming resoue5 for the year rgsulted in an ex$ of oxpenditure over Income 01 £30,00912024: Sncome over gxpondlture of 2142,4901 which, after addlng to reserves brought forwaré, gives total resource5 of £436,279 (2024: £466,288). Page 1
THE STREETLIFE TRUST UMrrED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 FUTURE DEVELOPMENTS The charity has produced a tt¥o-ye8r plan. The maln pdorfttes 1Thde.. al sustaining the current offer of opening the shelter 24 hours a day. 5gven days a week and opening th& day contre 5 days a week bl developing a marketing 8tr8tsgy to gnsure our offerings are more VAdety know ¢) ino¥ease the involvement of young people ensuring they can shap0 tha sèrvlce, drfve positwe change and increa8e opporbjnities for so(¥al acts"o STRUCTURE. GOVERNANCE AND MANAGEMENT Réserves pollcy The charity op6rat&8 a reserves FK)licy which airns lo cover estimatsd clo$ur8 costs In the evenl that the tharity ha5 to cease its activitiés. Thè Tmstees estimate Ihat those costs c£uld amount to £130,000. In addition, the Twu51ees u)nshler il prudent to retain additional fvnds to ensure that. should a source of income not be immediatety renew, fvnds are wailable to uwer short temi operating o)sts until altemativè fundina is recewed. Suth funds would enable the tharity to retain the of exrienCed staff in Ihe short temi. Tho Tnjstees ttjnsider Ihat the reservas In excess of £130.000 would cyjver su( sts. REFERENCE AND ADMINISTRATIVE DAlLs Reglstered Company number 03622WJ4 {England and Walos) R•glstorgd Charfty numbpr 1078167 Rggl¥t•rod offlce 48 Buchanan Slreot Biackpool Lancashlre FY13LQ Tta•S J D RavAlngs K A Melia- Chalm8n l Todd 4haimwn (resigned 11.4.25) l McGavAey M Crossley Treasurer Rev A J Dykes {resigned 11.12.241 V Bamborough L A Crowe (resigned 15.7.251 B Andrews J Bwn lappoin18d 27.1.25) J Donnellon (appointgj 17.7.24) Indopgndent Examiner Christopher CalvertACA Ru5htons Chartered Accountants AVTOP House Avro8 Cr8st Blackpool Business Park Blackp(NJl Lancashire FY4 2DP Chief Executive JLHugo Thls report has been prepared In aCcOrdar the special provisions of Part 15 of tha Companles Act 2006 relatiro to small ¢ompanles. Approved by order fth as rd of tsuslg9s on ............. . and slgned on Its behaw by. K A Mella- Truslee Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE STREETLIFE TRUST LIMITED Independent •xaMlnarfs roport to th• trusto•s of Tho soI11f0 Trust Llmlted Cthe Compan) I report trj Ihe charity tsNst99s on my examination of thg acL¥Junts of the Company for the year èndo(J 31 March 2025. Rèsponslbllltlets and basls of report As the Charfty's trusleas of the Company land also its diroctors for purpo8e8 of ¢ompany lawl you 8r8 responsible for the preparat(on of thg accounts in accordaneR with the requiremants of the Compani88 Act 2006 cthe 2006 ACV). Having 8atl$fled myself that the aecounts of the Company are not required to be au$d under Part 16 of the 2006 Act and are eligible for Indep8ndent exarninatlon, I raport in respect of my examination of your charftys accounts as carried out under Section 145 of thg Charities Act 2011 Cth8 2011 ACVI. In canylng out examination I hav& followed the Directions glven by the Charity Comml$slon under Section 14515) (b) of the 2011 Act. Independont •xamln•rfs stat•mont Slnce your charity's gross Income 8%eded £250.000 your examlner must be a member of a Ils18d body. l can lfirn Ihat l am quallfied lo undertakg the examlnaljon because l am a member of the Institute of Chartered A¢countants in England and Wales, which is one of the Ilstsd bodles. I have Mpleted my examinallon. I Confi that no matters have come to my attention in connècuon th Ihe examlnation givlng me cause to believe.. accounting ra¢ords wert not kept in respect of the Company as required by Section 386 of fhe 2006 Art or the accounts do not eOrd with those records.. or the a¢cDunts do not cumply with the auntIng requirements of Sectlon 396 of the 2006 Act olher than any requirement thal the accounts gNe a trua and falr vlew which 18 not a matter consld8rad as part of an Independent examinalon,. or the accounts hove not beon prepared in accordance vAth the melhods and prfnciples of the Ststement of R8comm8nded Practice for accounfjng and reporting by charilles {8pplicable to charities preparing their accounts in accordance wtth th8 Financl81 Reporting starard appllcable in the UK and Republlc of Ireland {FRS 1021). I havo no concem5 and have ¢ome across no other matters in COnrtiOn with the examination to whlch attèntknn should be drawn in thls report In order lo onable a proper undor8tandlng of the accounts to ba reoched. Christopher Cafvert ACA Rushlons Chartered Accountants Avroo House Avroe Cra$cant Blackpool Business Pa Blackpool Lan¢a$hlre FY4 2DP Pag9 3
THE STREETLIFE TRUST LIMED STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 MARCH 2025 2025 Total funds 2024 Total fvnds Unraslrictsd funds Restricted funds Note$ INCOME AND ENDOWMENTS FROM Donations and legacies 272.923 272.923 333,961 Charitable adfvltS&s 424.379 Total 424 379 768.009 EXPENDITURE ON Charitable aGtiville8 488,539 309.479 798.018 685,905 Total 488.539 309.479 798,018 685.905 NEf INCOME1(EXPENDuRE) 1144.909) 114,900 {30,0091 142,490 RECONCILIATION OF FUNDS Total funds broughtforwa 432,396 33,892 466,288 323,798 TOTAL FUNDS CARRIED FORWARD 287,487 436 279 Tho notss fomi part of these )Inanual statsm&nts Page 4
THE STREETLIFE TRUST LIMITED BALANCE SHeeT 31 MARCH 2025 2025 Total funds 2024 Tolal funds Unrestricted fvnds Restricted funds Notes FIXED ASSETS Tan9lble assets 11 CURRENT ASSETS Debtors Cash at bank and In hand 12 29.467 276 737 29,467 432.685 88.946 398 291 155948 155,948 462,IS2 487.237 CREDORs Amounts falling due within one year 13 (18.7181 {7,1561 125.8741 {20.950) NET CURRENT ASSETS 287 486 148.792 436,278 466.287 TOTAL ASSETS LESS CURRENT LIABILITIES 287.487 148,792 438,279 466,288 NET ASSETS 287 487 148,792 436,279 468.288 FUMDS Unrestricted funds Rèstricted funds 14 287,487 148,792 432,396 TOTAL FUNDS 436,279 466,288 The charitable company is enlilled to exemption from audit undor Section 477 of the Cornp8nles Acl 2006 tor Ihe year ènded 31 March 2025. The ffleMbe havo not required the company to obtain an audlt of its financial 31aternenl$ for the year ended 31 March 2025 in accordanco wth Section 476 of the Companies Act 2006. The trustèès acknowledge their re8ponslblllU8s for lal en$ung that tha charitsble c4mpany keeps 8¢¢ountlng records that comply wlth Secuons 386 and 387 of the Companigs Act 2006 and preparing finan¢l81 statements whlch glve a true and fair wew of th8 State of affairs of the charitabl$ company as at the end of each financlal year and of Its SUTplus or deficit for each flnonaal year in acwrdanc8 with thg requirements of Sections 394 and 395 and which otherwts& comply with the requirements of thè CpanIeS Act 2006 relating lo fln8ncial statements, 30 far 8$ appllcablo to the charftablo company. These financlal statements have been propared in accordance with the provlslons applicable lo charllable mpanIeS 5ubjeGI to the small Gompanl88 regime. Ibl Th¢ fi lements were approved by the Board of Tw*g8s and authorised for Issuo on and were slgned on Its behalf by.. 7/44 Crth331ey- Tru81eg The notss fomi part ofthese finan¢ial ststemants Page 5
THE STREETUFE TRUST LIMrrED CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flows from operating activitios Cash generated from operations 76.242 Net cash prowded by 0rating actiwties Changè In cash and cash equlvalents in the reporting p•rlod Cash and cash equivalents at tha beglnniny of reporting period 34.394 76.242 398.291 322.049 Cash and eash oquival8nts •t thg gnd of th• rnportlng p•rlod 432,685 398,291 The notes form part of these finandal slatgmgnts Pagè 6
THE STREETLIFE TRUST LIMITEO NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 RECONCILIATION OF NET IEXPENDITUREVINCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net lexpenditure}lincomè for the reportlng period (a$ porth Slatement of Flnancial Activitlos) Adjustmènts for: Decrea3811incrags8} In debtors Increaselldecreasel In ¢radltors (30.009} 142.490 59,479 4,924 165,1911 1.057 Not ¢ash pravlded by opèrations 34,394 78.242 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.24 Cash flow At 31.3.25 Net cash Cash al bank and in hand 398,291 34.394 398,291 34.394 432,685 Totsl 398,291 34.394 432 685 The notes forrn part of Ihese financial 81&tements Page Y
THE STREETUFE TRUST LIMrrED NOTES TO THE FIMANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CHARrrY INFORMATION The Stmllifg Trust Llmlted Is a pth4ate company limited by guarantee wthout Share capital inpyporated Sn England and Wal•s. The rogislerod offl¢e 1$ 48 Buchanan Slreet, B]ackpTrJl, Lancashire. FY13LQ. ACCOUNTING POLICIES Ba$1$ of proparlng th• flnanclal statements The financial statsments of tho ¢harltsblg ¢ompany, which is a public benefit entity under FRS 102. have been prepared in accordance with the Charities SORP (FRS 102) 'Accounling an¢J ReportSng by Charities: Statement of Re¢ommgnde<l PractSca appllcabl8 to charities preparing their accounts in accordance with Iha FSnanclg1 Reporbng Standard app11¢8blo In thè UK and Republlc of Ireland IFRS 1021 (effective 1 January 2019).. Flnancl81 Reporting Standard 102 'The Financial Reporting StarKf¥rd 8ppllcable In the UK and Republic of Ireland. and the Companles Act 2(N)6. The finan¢io1 statements have been prepared under tho higtorical Co (x)nv8nUon. The financlal statements are prtsentèd in Sterfing (£1. Monetary values In the finon¢io1 stgtements are rounded to the ne8rnSt £. Incomo All income 1$ r&¢ognlsad In tha Statèment of Financial Activities once the charity has enlitlement to tho fvnd$, It ts probable that the ino)me wlll bo re¢8lved an¢J th& amount can be measured rellay. Expendlture Llabllllles are Tecognised as expendltufy as Soon as there Is a legol or )nsIrU¢tive obli9ation commitknng the Charlty lo that eXndItur•. it is probable that a transtsr of economlc b&neffts wlll be required in setllement and the arnounl of the obligation can be measured rellabty. ExpendSlure Ss accounted lor on an a¢uuals ba818 and has been dassified under headings that aggregate all ¢osl rolaled lo tha c8ts90ry. Wharg costs cannot Irocdy aitrlbuted to parCular headings they have been altocataj to activities on 8 b8$is ¢onslstènt wlth the use of resources. Tanglblè flx•d ass•ts DePrealKIn is provided at the followlng annual rates in order to write off each asset over its 8stimat8d ussfvl lifv. FixiU$ and fiiUng$ al varfabte rates on rèducing balance Taxatlon Tho ¢horfty Is gxampt from corporation tax on its charitable activitie5. Fund a¢untIng Unresldcted funds can be used in accordance with the charitable objediv$s atthe dls¢retlon of the trustees. R8slrlcled funds can only be used for particular restrlcted Purposes wtthin the objects of the charity. Restrictions arise when srrtTrl8d by th& donor or wh9n fvnds are raised for particular restrlct6d purposes. Furth8r explanation of the nature and purpw of each fund 1$ induded In Ihg notgs to th8 financial statements. Hlre purchase and leasing comrnilrnents Rentsls paid under operating leases are charged to the Statsment of Financial Aetmtlas on a stratght line basis overth8 perfod of the lease. Pension costs #nd oth•r postt1r•mènt b•noffts The chaiitable company operates a defined contiibution penslon s¢h8m8. Contrfbulions payable to the d)arftable companls pension scheme are charged to the Statemanl of Flnancl81 A¢tlvStlos In lh period to which théy relatè. Pagè 8 rJ)ntinued...
THE STREETLIFE TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS - ¢ontinu•d FOR THE YEAR ENDED 31 MARCH 2025 DONATIONS AND LEGACIES 2025 2024 Donations Glft Bld Housing Benefits Other incorne Housing Benefit Backpay 111,422 8.941 132,794 7,730 12.036 141,497 2.665 86,003 17.796 272.923 333.961 INCOME FROM CHARITABLE ACTivrriES 2025 2024 ActIty General Fund FronllSna Netsvork St Marting In tha Fiald Comic Relief - Future Looking Good Night Shelter TransformaOn Fund Grants Grants Grants Grants 70,707 42.798 161.527 34,957 23.560 100,000 100,000 Grants Bladtpool Councll - Household Suppryt Fund 5,200 15,0 Grants Grants Grants Grants Young Lrved Experi8n¢e Toam Million Hours Changing Futu BeaVe[90kS- Counsellor 10.0 73.500 10.000 39.526 Grarhts Lottery Cost of Living 65.390 The National Lottery Community Fund- Partnetships North We3t Rggitin Angus Lawson {Counsellor) The National Lottèry Community Fund- Reachir)g CINmunitieS/PartnehIpS The Rank Foundatp)n - Time To Shine Proleet Grants Grants 145.245 27,000 Grants 47.501 Grants 17.109 495 086 494,434 Page 9 continued...
THE STREEfLIFE TRUST UMITED NOTES TO THE FINANCIAL STATEMENTS . contlnuèd FOR THE YEAR ENDED 31 MARCH 2025 CHARITABLE ACTNMES COSTS Support CO8ts18ee notè 61 Direct Costs Totats Comic Relief Fund UoydslNationwide Lottery, Reachlng CommunÈtie$ General Fund Fronlllne Network St Martlns in Ihe Field Mills Nutrients Night Shelter Tran5fornation Fund Blackpool Council- Household Support Fund Young Lived Experience Team Wamhub Changlng Futures The Natlonal Lottery Community Fund- Partnerships North Wèsl R8gion Angus Law50n (Counsellor) The National Lottery Cornrnunity Fund - Reaching CommunlltaslPartnarships The Rank Foundation- fime To Shlno Prolect 119 3.331 119 3,331 199,866 35,397 101 96.150 284,885 7.157 3.687 10,047 484,7S1 42,554 3.788 106,197 5,200 1.221 7,916 38,001 1,221 7,916 39.526 1,525 23.816 21.737 23.044 263 46,860 22.000 28,793 115 28,908 5,586 60 467 235 330.783 798018 SUPPORT COSTS Goveman¢e MonogèmanE Finance Totals General Fund Fronuine Neork Sl M8rtins In the Flold Mllls Nutrlents Night Sh6lter Tran8fomaUon Fund Chan95ng Futures The N8llon81 Lottery Community Fund- Partnerships North West Region Angus Lawson (CounBellorl Thg NatSonal Lottery Community Fund- Reaching communftl0partnerShIpS The Rank Foundation - Time To Shine Project 277,491 7.157 3,687 10,047 1.525 3.258 4.136 284.885 7.157 3,687 10.047 1.525 23.044 263 23.044 263 115 115 80 60 323.389 Page 10 ontinued...
THE STREEfLIFE TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS - ¢ontlnuod FOR THE YEAR ENDED 31 MARCH 2025 SUPPORT GOSTS - contlnued Support Costs, included in the above. are as follows.. Frontllne Nelwork si Martins in th8 Flald General Fund Mills Nutrients Wages Soclal $8curlty Pensions Rent Rates and water Insurance Llght and heal Teléphone Postage and stallonery Adverlislng Repairs & renewals Equlpment Cleanlng & sundry Motor & Travèl Food Office equlpmenl repairB Consultants Staff tr8lnlng T V Licence Other costs A¢tivtU8s Project C08ts Bank chgrges Fundraislng Platfonn Chaoes & Subscriplitsns Accountsncy and IBgal fees 101.572 7,999 3,047 6.728 7.767 4.034 20.471 2.158 1.607 2.974 28.934 3,511 11.049 1,300 11.646 616 1,611 3.016 4,497 714 39.140 15,327 2.873 1,707 350 3,687 130 3.128 4.138 7,157 3.687 Thg National Lottary CommunSty Fund- Partnernhlps North Wèst Region Night Shelter Tr8nsformaUon Fund Angus Lawson {Counsellorl Changing Futures Wages Soclal Socurfty Pen$lons Rent Rates and wal&r Insurance Light and hoat Telephone Postage and 8tallonary Advertislng Repairs & r6new81s Equlpmgnl Cleaning & gundry Molor & Travel Food 773 4,773 780 Carriod fojward 5,546 780 Pagg11 ntinued...
THE STREETLIFE TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS . continu•d FOR THE YEAR ENDED 31 MARCH 2025 SUPPORT COSTS- contlnued The National Lottery Communlty Fund- Patherships North West Region Night Shelter Transformati Changing Fund Futures Angus Lawson (Counsellor) Broughtforward Offi(x equipment repair3 Consultants staff training TV Llcen other costs ACtiveS Project Costs Bank charges Fundraising Platfomi Charges & Subptions AcjntarICY and legal fees 5.546 4.501 745 283 23,044 10.047 1.525 263 2025 2024 N8tlonal Lottery The Rank Community Foundation Fund - - Tlme To Reaching Shlne CommunltleslPartnorshlpsProSect Totsl activities Total actlvltles 101,572 92.721 8,817 4,685 6.728 7,256 3.997 19.046 Social seGwrity Pensions Rent Rats$ and waler Insurance Light and heat Te19phong Postage and stallonory Advertising Repairs & renewals Equipment Cleaning & sundry Motor & Travel 3.047 6,728 7,767 20,471 2.158 1.607 3,590 29.707 9,064 11.049 2.971 11.646 2.808 3.806 35,791 7.692 19.740 fjo 15.583 3,184 2.613 6.974 656 49.040 1.491 Office 8quipmenl repaiys Consultants Staff training TV Licence Other costs Activities Proje¢* Costs Bank charge5 Fundraising Platrom Charges & Subscriptions Accountancy and legal fees 3.016 7.370 714 46.423 19.412 23.044 130 67 48 161 3.128 3,133 4.523 115 330 783 303 737 Page 12 conllnued...
THE STREETLIFE TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS . contlnu¢d FOR THE YEAR ENDED 31 MARCH 2025 MET INCOMEI(EXPENDITUREI Net incom81lexpendiiure) is staled after ChargIn(Creditigl.' 2025 2024 Other opgrating lèases 6.728 6.728 TRUSTEES. REMUNERATION AND BENEFITS There w8ra no trustees, remuneratlon or other b8n8ffts for the year ended 31 Morch 2025 nor for the year ended 31 March 2024. Tru$tsos' exn3•S There were no trusta8s' expenses paid forthe year endad 31 March 2025 nor for tha yoar endèd 31 March 2024. STAFF COSTS 2025 2024 W8g&s and 5alartes Social security costs other penslon costs 533,373 39,022 445,715 35,800 6.876 579.853 488.391 The avarage monthly number of employees during the year was as follows: 2025 14 2024 16 Charitable Services Support Stoff 19 No employees recglvèd emoluments In excess of £60,000. 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrostrt¢tgd fund3 Restri¢t&il fvnds Total fund$ INCOME AND ENDOWMENTS FROM Donations and lega¢les 329,696 4,2B5 333,961 Charltabla actlvltlos Gen&ral Fund Frontline Neort St Martlns In the Field Comic Relief- Future Looking Good Night Shelter Transformation Fund Blackpool Councll - Household Support Fund Young Lived Exp8rign¢è Tèam Million Hour3 Changing Futures Beav8rbrooks - CounlIE>r Lottery Cost of LIng 161.527 161,S27 34,957 23,560 100,000 15,000 500 10.000 73,500 10.000 65.390 34.957 23,S60 100,000 15.000 500 10.000 73.500 10.000 85,390 Tvtsl 491 223 337.172 828.395 P898 13 continued...
THE STREETLIFE TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS - ¢ontlnuod FOR THE YEAR ENDED 31 MARCH 2025 10. COMPARATNES FOR THE STATEMENT OF FINANCIAL ACTNmES- ¢onllnu•d Unrestricted fijnds RoStri¢ted )lJnds Totsl funds Charltabh actlvltles Lottery, Reaching Communibes Gèner81 Fund Frontline Neknrk St Martins in the Field Se9elman Trust Mills Nulrffjnts Comic Relief- Future Looking Good Nlgm Shelter Transformation Fund Blackpool Councll- Household Support Fund Young Lived Exp6rfence Tèam Wamhub Funding Nefvmrk Million Hours Changlng FLttures Beaverbrooks- Counsollor Lottery Cost of Livin9 7,153 14,625 32,823 7,153 218.426 32.823 223,051 1.688 1.688 25,160 100,662 22.956 15,365 70,329 21.867 9.965 73.500 20,621 65,390 25,160 100.662 22,956 15,365 70.329 21,867 9.965 73,500 20,621 65.390 Totsl 224 739 685 905 NEf INCOMEI{EXPENDITURE} Transf•rs bOtOn funds 266,484 1123,9941 142,490 N•t mov•m•nt In funds 190,472 {47.9821 142,490 RECONCIUATION OF FUNDS Totsl funds brought forward 241,924 81.874 323,798 TOTAL FUNDS CARRIED FORWARD 432 396 33.892 466.288 11. TANGIBLE FIXED ASS3 Fixtures and fitttng8 Long leasèhold Totals COST At 1 April 2024 and 31 Matt* 2025 15.265 25,724 40,989 DEPRECIATION AI 1 April 2024 and 31 March 2025 15,265 25,723 40,988 NET BOOK VALUE At 31 Marth 2025 At 31 March 2024 Page 14 conlinued...
THE STrEETLIFE TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS. contlnued FOR THE YEAR ENDED 31 MARCH 202S 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Prep8yTrents and accnJ8d inc¥)me 29,467 13. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 SoBi81 security and other taxes Accrued expenses 9,123 16.751 10,911 10,039 25,874 MOVEMENT IN FUNDS Net movement In funds Al 31.3.25 At 1.4.24 Unrn$trlet•d fund5 General fund Mllls Nutn'enls 428,609 3.787 1141,122) 287.487 432,396 1144,9091 287,487 Restri¢t•d funds Comi¢ Relief Fund LloydslNationMde Lottery. Reaching CDmmunities Frondine Network St Martins in the Field Young Lived Expedence Team Night Sheltsr Transfomiation Fund W8mi Hub The National Lottery Cornmunity Fund- Portnerships North West Region Angus Lawon Icounsellorl The National Lottery Communty Fund- Raaching CommunitieslPartnershlps The Rank Foundation - Tirne to Shi Project 119 3,331 1119) 13,331) 15.107 1,221 6.197 7.916 244 11,221) 16,197) (7,916) 15,351 98,385 98.385 5.000 18,593 18.593 11,463 114900 148 792 TOTAL FUNDS 466 288 436.279 Pag¢ 15 ntinued...
THE STREETLIFE TRUST LIMrrED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 14. MOVEMENT IN FUNDS- ntind Net rnovernent in fund$, Included in the above are a5 follow5.' Incomlng resources Resources expended Movement In funds UnTestrictsd funds General fund Mills Nutriènts 343.630 1484.752} (141.122) 3.78 343.630 (488.539) 1144.9091 Restrlcted funds Comic Relief Fund Lk)ydslNationwidÈ Loltary. Reaching Communllle8 Fronlline Nthork St Maitins In tha Field Young Lwed Experience Team Nlghl Shelter Transformation Fund Blad(pooJ Coun¢S1- Housèhold Support Fund Warm Hub Changing Futures The National Lottery Communlty Fund - PartnehIpS North West R8ylon Angus Lawon (Counsellor} Thè Nauonat Lottery Communty Fund - Reaching CommunltleslParb)erships The Rank Foundatlon- firne to Shine Project {119) 13.331) {119) 13.331) 42.798 142.554} 11,221} (106.197} 244 (1.221) 16,1971 100.000 5.200 15,200) 17.916) (39,526) (7,9161 39,526 145.245 27.000 (46.860) 122.000) 98.385 5.000 47.501 (28.908) 18.593 17.109 5.646 11.463 424 379 309.479 114,900 TOTAL FUMDS 98018) Page 16 continued...
THE STREETLIFE TRUST LIMITED MOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 MARCH 2025 1*L MOVEMENT IN FUNDS - contInd Comparatives tor mov•mont In fund$ Nel movement in funds Transfers beeen funds At 1.4.23 31.3.24 Unrostrlct•d fvnds General fund Mills Nutrients 240,289 267.332 179,012) 428,609 3.787 241.924 266,484 (76.012) 432.396 Restricted funds Comic Relief Fund LloydSlNalior1de Lottery, Reaching Communities Frontlin8 Nétwork St Martins in the Field Young Lived Expèriènce Taarn Night Shelter Transform8tion Fund Blackpool Council - Household Support Fund Funding Nelwork Wami Hub Beavert)rook$ - Counsellor 119 3,331 7.154 12,973 745 2.234 119 3,331 (7,153) 2,134 114.8651 3,963 15.107 1.221 6.197 15.341 7.921 21,867 25,530 (7.921) 121,867) 167,6641 50.050 10.621 7.916 81.874 123,994 76.012 33.892 TOTAL FUNDS 323 798 142490 466 288 Comparative net movement in funds. Induded in th8 above are a$ follows.. Incomlng resources Resources expended Movgment in fund$ Unrestrlcted lunds General fvnd Mills Nutrients 490,383 1223,0511 267.332 491,223 {224.739) 266.484 Roslrfcted fund$ Lottory, Reaching Communllias Frontline Ngtwork St Martin5 in the Fiold Comic Relief - Future Looking Good Young Livetl ExpBrignce T8a Night Shelter Transfornalion Fund Blackpool Council - Household Support Fund Funding Neknk Warm Hub Changing Fulurg5 Be8vertirooks- Counsellor Lottery Cost of Li¥Ang Million Hou 17,153} 132.823} 125.160} 115.365) 196.037) 17.1531 2.134 34.957 25.160 500 100.000 114.8651 15.000 122,921) 121,867) 170.329) 173.500) 120.621) 165.390} 10.0001 17,9211 (21,8671 167,6641 2.665 73,500 10.000 65.390 10.000 {10.6211 337 172 123,994 TOTAL FUNDS 828.395 685,905 142.490 Page 17 txnlinu8d...
THE STrEETLIFE TRUST UMITED NOTES TO THE FINANCIAL STATEMENTS - contlnu•d FOR THE YEAR ENDED 31 MARCH 2025 15. RELATED PARTY DISCLOSURES There were no relatsd party transactlons for the year ended 31 March 2025. 16. RESTRICTED FUNDS Restricted funds arè mDnl8s r8c8ived for which the use is restrfctsd for a partlculmr purpose. Reslricted fvnds of the Streetlife Twst and their purpos8 are as follows:. Frontlinè N•lworf( Now in the final 3rd y8ar of th& current grdnt Thi5 funding from St Martin's in the FdS enables us to facilitate the Blackpool. Wyre arKf Fyld8 Fronlline Netrnrk. We are continuing to enhan(E communicalions. share best praclice and incJease capacty ben fronuing workers and agencies by way of Workshops. training. rnonthly meeling5. annual conferen and regular newslette. Night Shelt•rTransforniation Fund Department for Levelling up. Hgusing and Communities IDLUHC) grdnt8d funding for 2 years 5 rnonths starting in November 2022. To employ 3 support WQTkers arKI a night shelter manager enablirwJ th8 shelter to open 2417 provtding 1-1 supwrt and a safe. secure wami place for vulnerable Young Peopl9. Blackpool Coun¢ll - Hou$whold support fvnd A frjrther £5200 w8s awarded In Juty 2024 to top up our utility costs, conlributo to food supplies and staffing. Thus onabling your¥J peopb to h¥ve 8 continuous access to a safe warm place and hot cooked mgals. Changlng Futures Changlng Fuiur8s provlded funding to employ a young pgrson's Slnk worker for 12 months - Empowerfng young people 18-25 to dèvelop the skills and knowtedge lo support, Ilnk and angage young people currenty experiencing rnultiple disadvantages back Into services. The National Lottory Communlty Fund - Partnership¥ North W•st R•glon Streetlile was awarded fijnding for three years from March 2024-March 2027 to lead a pathership initiative called Engaye 4 Change. Various Organisations make up four teams delivering outreach in four of thè most deprived wards in Bla¢kpool' Clargrnonl. Talbot. Bloomfield and Brn$ck. They reach out to young people furthg$t away from the labour Maet with the aim of supportlng tham to engage with s8rvi¢es, actlvltl&s tralning and ultimately pald work. Angus Lawson Memorial Trust The ALMT funded a mental health worker 10 8UPWrt young people with mu5tiple di5advant8g8. The worf(ar Jordinated daily athvlties and provided 1-1 support to help yOLsng pooplo dèvelop their resilience. The National Lottèry Communlty Fund - Roachlng CommunltleslPartnerships Slreetlife received 5 years fvnding from Jan 25- Dec 29 to run Its Hopes arKI Dregms project. This funding contributes trj providing support from the d8y cgnlr8 5 days a week and the nIghtsheer 2411 365 days a year. WoTkers engagè with young people lo not onty meet their immgdlata na811s bul also to explore their aspitions. identify goals and work tOW8rds reallsing their hopes and dreams. The Rank Foundatlon - Time to Shine Thè Rank Foundalion awarded Streellire wllh one yeArfs funding to rUit an Indwidual to develop their skills and abilities ppa them for a frjlure career in their chosen path. The support from the Rank Foundalion has a]so induded a significant 3v¥Junl of16adershlp trainiThJ for both the employee and Iheir line manager. Page 18
THE STREETLIFE TRUST LIMrrED DETAILED STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31 MARCH 2025 2025 Total Jnds 2024 Total funds Unrestricted fijnds Reslricled fvnds INCOME AND ENDOVIMENTS Donatlons and l•gacl8s Donations Gift aid Housing Benefits Other incom8 HOUS79 Benofit Bad(pay 111,422 8.941 132.794 7.730 12.036 111.422 8.941 132.794 7,730 12,036 141.497 2,665 86.003 17.796 86,000 272.923 272.923 333.961 Charhtable actlvltlè# Grants 70,707 424,379 495.086 Total Incomlng resources 343.630 424,379 768,009 828.395 EXPENDITURE Charltable a¢tivltl•s Wages Social SeCuty Pensions 179.792 17,140 3.035 252,009 13,883 1,376 431.801 31,023 4.411 352.994 26.983 2,191 199.967 267,268 467,235 382.168 Support costs Manag•mont Wag8s Soaal security Pansions Rent Rates and water Insurance Light and heat T8laphone Postage and st2tionery Advertising Rèpairs & renew81$ Equipment Cleaning & surKIry Motor & Travel 101,572 7,999 3.047 6,728 7.767 4.034 20,471 2,158 1,607 2.974 28.934 3.511 11,049 701.572 7.999 3,047 8,728 7,767 4.034 20,471 2,158 1.607 3.590 29,707 9,064 11,049 2.971 11,646 92,721 8,817 6.728 7,256 3,997 19.046 2.385 2,808 3,806 35.791 7,692 19.740 907 15.583 3.184 2,613 6.974 656 49.040 1.491 616 773 5,553 1,671 11.646 Officg equlpmenl repairs Consullants Staff tra'ning TV Llcence Other c4)sts Adivities Project Costs 3.016 4.497 714 39.140 19.014 3.016 7.370 714 46,423 19,412 23.C)44 2.873 7.283 398 281,178 42.211 323,389 295.920 Finan¢0 Bank c*arges Fundralslng Platrorn Chargos & Subscrlptions 130 130 161 3.133 3,258 3.258 3294 This p8g8 does not form part of the staiulory flnanclal statem8nts Page 19
THE STREETLIFE TRUST UMITED DETAILED STATeMeNT OF FINANCIAL ACTNITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 Total Jnds 2024 Total funds Unrs$tdctad nds Restrfcted funds Flnanc• Gov•mane• costs Accounlanty 8nd1ggal feas 4.136 Total resources exnded 488.539 309 479 798018 685.905 N•t Incomg 114,900 30 0091 142.490 This p8ge dogs not fom) part of the statutory financial statements Page 20