REGisfERED COMPANY NUMBER: 3928334 (England and Wales)
REGISTERED CHARITY NUMBER: 1080443
Report of the Trurtees and
Unaudlted Flnan¢lal Statements for the Year Ended 3tst March 2024
for
Wlnchester Churches NIBhtshelter
IA Company Urnlted by Guarantee)
operatlng as The Wlnchester Beacon

Wlnchester Churches Nl8htshelter
operatlng as The Wlnchester Beacon
Contents of the Flnanclal Statements
for the Year Ended 31st March 2024
Pa8e
Report of the Trustees
Independent Examlner's Report
ststement of Flnan¢lal ACtI￿tIeS
io
Balance Sheet
11 to 12
Cash Flow statement
13
Notes to the Cash Flow Statement
14
Notes to th¢ Flnanclal Statements
15 to 23
Detslled Statement of Flnanclal Actlvltle$
24 to 25

Wlnchester Churches Nightshelter
operating as The Winchester Beacon
Report of the Trustees
for the Year Ended 31st March 2024
The trustees who are also directors of the charity for the purposes of the Companles Act 2CKJ6, present to the
members the financial statements of the Winchester Churches Nlghtshelter IWCNS - operating a5 The Wlnchester
Beacon) for the year ended 31st March 2024. together with their report. The trustees have adopted the provisions of
Accountin8 and Reporting by Charities: Statement of Recommended Prartlce applicable to charities preparing their
accounts in accordance wlth the Financial Reporting Standard appllcable in the UK and Republic of Ireland IFRS 1021
effectlve January 2019. In preparin8 this report, the directors have taken advantage of some of the special exemptlons
applicable to small organlsations.
OBJECTIVES AND ACTIVITIES
Ob}ertlves and alms
We are a company Ilmlted by guarantee and a reglstered charlty whose oblett and prlnclpal actlvlty Is the provision of
accommodation and 5UPPOrt to those experienclng homelessness in Winchester and the surrounding areas.
We have supported thousands of people to escape homelessne55 since we began operatlng In 1988. Initially providin8
emergency accommodation from temporary bulldlngs, In 1997 we moved to our maln premises on Jewry Street In
Winchester. In more recent years, we have added three off-site properties whlch means that we now support and
aceommodate 22 resldents at any one time.
Our vision 15 to transform Ilves, Insplre hope and end homelessness, and our mission is to help break the cycle of
homelessness by enabling people to rebuild thelr live5 throu8h Independent IlvSng. Since 2021 we have been usin8 the
tradlng name, The Wlnchester Beacon, whlch better reflects the full extent of our work,
We are open day and nlght to our re51dents as well as provldln8 Out of hours support to people sleeplng roL*8h or In
need of help. Each resident works one-to-one wlth one of our Support Workers and Is Blven the opportunlty to access
a wlde range of personallsed support focused on Improvln8 thelr mental and physical wellbelng, Residents are
encourased to identlfy thelr goals and work towards them as they plece together their Ilves.
Gulded by our values, we alm to be honest and open, treatlng everyone ￿th klndness and respect, wlthout preludlce
or dlscrlmlnation. We focus on belng safe and 5LlPPOrtlve, provldlng a horne where resldents can be comfortable and
secure whllst acce551n8 help and rebulldlng self-bellef. We are flexlble and carln8 whllst worklng closely together wlth
staff, volunteers, resldents and other organlsatlons In the local communlty.
We work to support our resldents to navlgate thelr way out of homelessness and enable them to move to longer-term
accommodatlon. There Is not a set tlmeframe for thls, It depends on the needs and circumstances of the resldent and
the avallabillty of sultable accommodatlon. Our support can contlnue after a resldent moves out, we can be a hand to
hold as they set up and begln thelr new Ilfe. This reassurance and support can be vltal In preventin8 a return to
homelessness In the future,
We conslder that the welfare of every Indlvldual Is paramount, and we a￿ commltted to 5afe8uardlng and ensurln8
the wellbelng of all resldents, employees, and volunteers.
Page I

Winchester Churches Nightshelter
operatlng as The Wlnchester Beacon
Report of the Trustees
for the Year Ended 31st March 2024
OBJECTIVES AND ACTIVITIES
Annual Revlew
Our residents are often fa¢lng multiple dlsadvantages and deallng wlth their own unique set of circumstances. They
may be coping with a relationship breakdown, unemployment, addiction issues, problems With thelr mental or
physical health or have financial problems. Often our ￿sIdentS find themselves homeless as a result of circumstances
beyond their control. They may have been forced to sleep rough, 51epl In a car, sola surfed, or they are able to stav
with us before It gets to this stage. Trauma can play a significant role In homelessness, our stsff take a
trauma-lnformed approach to their support, care and interactions to provlde person<entred emotional and practical
help to confront the issues they are facing that could be a barrier to independent Ilvlng.
Every resldent has access to one-to-one personal support. each havln8 very dlfferent requlrements to prepare them
for Independent Ilvlng, We help resldents to regain theSr self-belief at the same time as offering them hope. Every one
of our staff team15 committed to providing an Inclusive, compassionate, safe, carln& and non-judgemental temporary
home.
Our support servlces are designed to glve resldents the confldence and encouragement they need to use thelr own
strengths and skills to establish a new life. Resident5 have free access to counselllng and psychotherapy,. budgetlng
and flnancSn8 trainin8,' housin8, tenancy and employment advice,, on8oln8 SUPPOrt,' cookery lessons; lelsure Centre
access and flrst ald training. Guided by feedback from resldents and the skllls of our volunteers, we are always eager
to consider new ways that we can provide support. In the last 12 months, we have been able to offer our residents Ilfe
coachlng thanks to the kind support of a volunteer.
We asslst resldents wlth substance abuse Issues and support them In reduclng thelr Intake to Improve thelr health and
wellbeing at the same tlme ensurlng access Is avallable to Improve physlcal and mental health wellbeln8 by workln8
closely wlth local NIIS teams. We have a well-establlshed relatlonshlp wlth InclusSon, an NHS Wellbelng and Chan8e
Servlce, that supports our resldents who maybe affected by addlctlon, crlme, mental health or need treatment for
thelr sexual health.
Where we may not be able to dlrectly support a resldent ourselve5, we wlll look to refer or sl8npost them onto other
speclallst support agencles as approprlate, so re51dent5 can achleve thelr 8oals and ambltlons. We are focused on
workln8 ¢ollaboratlvely whllst at the same tlrne 8rowln8 and Increaslng our expertlse and capaclty,
We contlnue to work wlth Hampshlre County Councll and other local counclls. Wlthln Wlftchester we partner wlth the
Clty Councll houslng team and work very closely wlth other a8encles Involved In our sector to ensure a varlety of
options are available for Indlvidua15 as a crucial part of the houslng pathway to reduce homelessness locally. We also
have a strong worklng relatlonshlp wlth Eastleigh Borough Councll, Wlth a real shortage of affordable hou5in8, we
help to flll the 8ap In provlslon for people unable to secure or sustsln longer term accommodatlon. We partner wlth
other local agencles by provldin8 Outreach volunteers each week.
Thls year has been a tlme of transltlon wlth our Chlef Executlve Mlchèle pr5￿ handln8 over the leadershlp of the
charity after 15 years, Her Involvement with the organlsatlon started as a volunteer In 2002 and we remaln grateful
for all the hard work and commltment whlch leads us to where we are today. Our new Chlef Executlve Mark Wakelin8
lolned us in January 2024 and brings a wide eKperience of leadership within the charity sector. Together we look
forward to this next 5ea50n as we bulld on all the contributlons from the wider team, both past and present.
A slgnlflcant development this year was the ￿n0VatIonS at our main slte on Jewry Street In Wln¢hester, Thls work
Involved the addltion of Indlvidual shower rooms and toilets to provide each resident with dedicated facilitles. The
openlng by our Patron, Dears Catherine Ogle took place in December 2023 after considerable fundralslng and
planning. We are grateful to all those who supported and funded the prole¢t Including CRASH charlty and their
Patrons, the Department of Levelllng Up, Housin8 & Communltles (Night Shelter Transfomiatlon Fund), Hampshlre
County Councll, The Natlonal Lottery Community Fund and The Flne and Country Foundatlon.
Page 2

Wlnchester Churches Nightshelter
operatlng as The Winchester Beacon
Report of the Trustees
for the Year Ended 31st March 2024
OBJECTIVES AND AcfiviTIES
We have also contlnued plans to develop one of our mOVe￿n houses and we hope to complete this work within the
next Six months. We remain grateful to the generous support of many, This includes Oak Foundation, Wlnchester City
Council. Thomas Roberts Trust, Lloyds Bank Foundation, The J Datry Foundation. The National Lottery Community
Fund, Eastleigh Borough Council, Hampshire and Isle of Wight Community Foundation, The Oliver Borthwlck Memorial
Trust, The James Tuttiett Charltable Trust, Gentian, Savllls, Hope Church along with many other trusts, companies,
churches and individuals. Wlthout your support, none of thls would be possible.
We provlded accommodatlon for a total of 54 people durlng 202312024 arnd ensured all were provlded with tallored
support.
Our 3 move-on houses allow resldents to progress to Independent living whilst contlnuing to benefit from affordable
rent. Our support workers continue to V151t the residents every week, to provide advice and a55iStance. Durin8 the past
year we supported 23 people 118 people In 2022120231 in our move-on houses. It takes an average stay of 14.7
months before accesslng more permanent accommodatlon.
There15 8rowlng demand for our servlce. Durlng the 202312024 financlal year we ￿ee1Ved 107 referrals from varlous
agencles of whlch we could only accommodate 20% owln8 to Insufflclent bed space5. We had 95% occupancy, wlth
62% of resldents movlng on In Ilne wlth thelr goals and asplratlons. The average stay wlth us at our maln site was 136
nights compared to 111 nights last year which continues to emphasi5e the difflculty In flnding suitable affordable
accommodatlon. Our counsellor and psychotheraplst held 209 sesslons for 17 different cllents. We remain avallable to
the wlder communlty In Wlnchester and make ourselves available to those In need. During the year we had 538 vlslts
to our Jewry Street prem15es from 133 non-resldents.
We began 202312024, wlth a new and experSenced Operatlons Manager In p05t. Durlng the year, thank5 to support
from The Natlonal Lottery Community Fund, we were able to employ a Tenancy Support Worker to help residents
move on, settle Into thelr new property and to sustaln thelr tenancy. We welcomed a new full-tlme admlnlstrator to
the team in November 2023 to support the smooth runnlng of operatlons. Th15 enabled our part-tlme admlnlstrator
to move into a new role of Volunteer Admlnlstrator to focus on the Indurtlon and management of volunteers. Two
members of staff lolned the support team as bank staff In the role of Prolecl Worker. We are extremely grateful to the
many volunteers who have glven generously of thelr tlme over the years and asslsted The Wlnchester Beacon In
keeplng admlnlstratlon costs to a mlnlmum.
Throughout the year we have focussed on developln8 Internal systems Includlng Improvlng our flnancial management,
payroll, pension and HR funrtlons resultln8 In an increase In legal and professlonal fees. This has been essential as we
look to operate safely In a p05t.Covld world and respond to Increaslng complexlty and demands and to respond to
people impacted by the cost-of-livlng crisls.
Publlc beneflt
Under the Charltles Act 2006, charltles are requlred to demonstrate that thelr alms are for the publlc beneflt, and
dlrectors have regard to the guldance Issued by the Charlty Commisslon In thi5 topic.The trustees believe that they
fulfil this requirement by the support 8iven to homeless people withln Wlnchester and the surroundin8 area.
Page 3

Wlnchester Churches Nlghtshelter
operating as The Winchester Beacon
Report of the Trustees
for the Year Ended 31st March 2024
ACHIEVEMENT AND PERFORMANCE
Fundralslng actlvltles
In October 2023, we began working wlth a fundraising consultant through the Enhance programme 3cces5ible via our
Lloyd5 Bank Foundation fundirlg. The consultant supported our Chief Executive and Senior PR and Communications
Officer to evaluate the charity's current and future fundraisin8 attivitie5 and focus.
In November 2023, Olir part-tlme Senlor PR and Communlcatlons OffI￿r increased her time by five hours a week to
allow more time to support the Chief Executive wlth fundraising activities, speclfically relating to trusts and 8rants. We
also initiated support from a consultsnt specialising In CRM databases (Customer Relationship Mana8ementl also vla
the Lloyd5 Bank Foundation Enhance programme. The alm to better mana8e our 5UPPOrters, donors and volunteers.
The consultancy will contlnue to SUPPOrt us to explore the most sultable CRM optlons and help plan for the mlgratlon.
Income from fundraising activities has therefore Increased thls year by more than 50%.
A proportlon of one staff member's salary amountlng to £14,60012023 - £10,765) was allocated to fundralslng and
publlcity expenses.
FINANCIAL REVIEW
Results and dlvldends
The surplus for the period amounted to £210,398 12023 - £276,581). Of thls surplu5 £145,920 related to the
unrestrlcted general fund of the charity12023 £188,434), and £64,478 related to thè restrlcted funds of the charlty
12023 - £88,147).
Unrestrlcted Income Includes a donatlon of £105,000 from Oak Foundatlon and £25,C#)O from Lloyds Bank Foundatlon
for the general purposes of the charlty and for whlch we are extremely 8rateful. Restrlcted Income Includes a
donatlon of over £15,CQO thls year from The Natlonal Lottery Communlty Fund to employ the Tenancy Support
Worker as well as over £30,000 recelved towards the renovatlons of Jewry Street.
Further Informatlon regardlng the transactlons for the year and the charlty's flnanclal posltlon èt the end of the year
are shown In the attached flnanclal statements.
The charltable company Is not empowered to make a dlvldend payment.
Page 4

Winchester Churches Nightshelter
operating as The Winchester Beacon
Report of the Trustees
for the Year Ended 31st March 2024
FINANCIAL REVIEW
Fundlng
In 202312024, despite the ongoing weak economic cllmate, turbulent international events, and cost-of-living
challenges. we continued to receive generou5 donations from prlvate indivlduals, companies and churches as well a5
from trusts, legacies and grants. During this difficult operating environment. any operatln8 surplus will be re-invested
in the provision of further support to help those experien¢in8 homelessness.
We continue to grow and dlversify our income to ensure our flnancial resilience whilst, at the same tlme ensurln8
value for money with the support of our wonderful volunteers, and operating as economically, effectively and
efficiently as possible.
We are very grateful to all those who have donated to us, and to those who contlnue to support us in many ways.
Contrlbutions of food and toiletries have a8ain been 8ratefully recelved from local churches, schools and individuals
amountlng to savin85 in the re8lon of £60,000.
Despite an overall increase In total income, grants from local authorltles have decreased by 17%. Resldent payments,
at a nomlnal sum of £3 per nlght for those not In work In Jewry Street and housin8 benefit for resldents, have
marglnally decreased.
During the year under review our overall expenses increased by 30%1£141,2621. Most of this cost160%1 related to the
expansion of the staff team and related recruitment costs. The remainder of the higher expendlture was due to utlllty
bllls, malntenance costs, legal and professlonal fees and resident support expenses. Utility bllls have Increased by 38%
over the past two years, and we have spent nearly 50% more on resldent support. Malntenance of our three
move-on houses has been necessary thSs year to ensure the propertles remaln comfortable and In 8 8ood state of
repalr,
In accordance wlth our plans, the Improvement to our thlrd property Is on8oln& but we are dellghted that the
refurblshment of the bathroom facllltles In Jewry Street Is now complete.
Investment Pollcv
At present, generally all our reserves are held In UK deposlt accounts and the dlrectors contlnue to monltor the
Investments held to achleve a return conslstent wlth securlty and Ilquldity. As part of our control measures, we ensure
Investments are spllt between Instltutlons, so we remaln protected under the Flnanclal Service5 Compensatlon
Scheme IFSCSI, We monltor Investments to ensure we recelve the best rate of return whllst ensuring funds are
avallable to access If necessary.
Ileserves
For 202312024, the board of dlrectors had a pollcy to malntaln acce55 to reserves sufflclent to cover 6 months runnlnB
Costs based upon the 202212023 flnanclal data that was avallable at the tlme the pollcy was set1£230,7001. Thls
provldes for a perlod of adjustment should an unexpected shortfall in Income occur. The reserves include a mlxture of
cash reserves held in instant access, flxed term and fixed notlce accounts covered by FSCS guarantees lor equivalentl
a5 well as In assets that can be qulckly realisable as cash. The Reserves PolScy Is revlewed annually to reflect the
dlversity and confidence levels in our sources of income. We will contlnue to maintain a sufficient level of free
reserves to enable normal operatlng attlvltles to be malntalned.
Page 5

Winchester Churches Nightshelter
operatlng as The Winchester Beacon
Report of the Trustees
for the Year Ended 31st March 2024
FUTURE PLANS
We recognise that the comin8 year will be a transitional time as we onboard new leadershlp and also adjust to the
changing external landscape. The Trustees have decided to undertake a strategic review so we can ensure that we
remain agile and effective in provlding support for those locally in need. We plan to complete thi5 review durlng 2024
with a strate8ic plan developed for the next season.
In the meantime, we wlll continue to revlew and address internal systems and processe5. This includes an evaluatlon
of our volunteerln8 process to ensure we contlnue to offer a safe, beneflcial and rewardin8 volunteering experience.
We will also explore the posslblllty of creatlng a befriendln8 project to enable volunteers to support resldents who
now have settled accommodatlon but stlll requlre help In reducing Isolation, We wlll also assess our data collection to
improve the measurement and evaluation of impact.
BuildinB work wlll be carrled out at one of our move-on houses to expand the Ilvlng area and provlde an additional
bathroom, A key part of our strateglc review wlll be how we enhance provlslon and provlde both more bed5 and
support to those In need. We have therefore set aslde Strategic resources to enable us to expand our provlslon. We
remain commltted to both those we currently support and to provlding an InterventSon to those who may need our
services in the future.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Governln8 document
The charlty Is controlled by Its Artlcles of Assoclatlon as adopted on 27th October 2023 followin8 approval of the
amendments by the Charlty Commlsslon. These replace the orl8inal Artlcles of A$50clatlon adopted on 7th February
2000 and amended on 9th October 2020.
Indurtlon and tralnln8 of new trustses
The trustees as listed below, are appoSnted by election to the Management Commlttee. They are the trustees and
guarantors of the company to an amount not to exceed £1 per person. The company Is Ilmlted by guarantee and Is
prohlblted from maklng any form of dlstrlbutlon to the guarantors. The soverning document Is avallable for vlewln8 at
our reglstered offlce.
REFERENCE AND ADMINisfRATIVE DETAILS
Reglstered Company number
3928334 (England and Wales)
Re8lstered Charlty number
1080443
Reglstered office
Wlnchester Churches Nlghtshelter
20B Jewry Street
Winchester
Hampshlre
S023 8RZ
Page 6

Wlnchester Churches Nightshelter
operatlng as The Wlnchester Beacon
Report of the Trustees
for the Year Ended 31st March 2024
Trustee5
Tracy Jones- Chalr
Alexis Colfer- Company Secretary (resigned 13.9.231
Fiona Glbbon - Treasurer
Patrick Fowler
Sarah Davi5- Vice Chair Ireslgned 1.8.231
Anthony Arkwright Ireslgned 26.7.241
Victoria Hemmin8S
Sarah Watts (resigned 5.12.231
Julian Gerry
Vincent Kerr- Company Secretary lappointed 13.9.231
David Close (appointed l.11.231
Patrlck Fowler intends to offer hls resi8natlon at the 2024 AGM.
Management Commltte?
The Management Commlttee Includes all of the above trustees plus Mark Wakellng (Chief Executlvel, to whom the
day to day operatlon of the charlty is delegated.
Company Secretary
Vlncent Kerr
Independent Examlner
D A Sanders BA (Honsl FCA
Sheen Stlckland
Chartered Accountants
2 Orlel Court
Omega Park
Alton
HampshSre
GU34 2YT
Bankers
CAF 8ank Ltd
Kln8s Hlll
West Malling
Kent
ME19 4TA
Le8al advlsers
Warner and Rlchardson LLP
29 Jewry Street
Winchester
Hampshlre
$023 8RR
Page 7

Winchester Churches Nl8htshelter
operatlng as The Wlnchester Beacon
Report of the Trustees
for the Year Ended 31st March 2024
Thls report has been prepa￿d In accordance with the special provision5 of Part 15 of the Companles Act 2006 relatin8
to small ¢ompanles.
Approved by order of the board of trustees on ........
and signed on its behalf bv..
Tracy Jones- Trustee
Page 8

Independent Examlner's Report to the Trustees of
Wlnche5ter Churches Nlghtshelter
Independent examlner'5 report to the trustees of Wlnchester Churches Nightshelter I'the Company.)
report to the charity trustees on my examination of the accounts of the Company for the year ended
31st March 2024.
Responslbilltles and basls of report
As the charity's trustees of the Company land also its directors for the purpose5 of company lawl you are responslble
for the preparatSon of the accounts in accordance wlth the requirements ol the Companies Act 20061'the 2006 Act'l.
Having sat15fied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Art
and are eligible for independent examlnation. I report in respect of my examinatlon of your charity's accounts as
carried out under Section 145 of the Charities Att 2011 I'the 2011 Act'l. In carrying out My examination I have
followed the Directlons given by the Charity Commisslon under Sectlon 145151 Ibl of the 2011 Act.
Independent examlner's ststement
Since your charity's gross Income exceeded £250,000 your examlner must be a member of a listed body. I can conflrm
that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants In
England and Wales, which Is one of the Ilsted bodies.
I have completed my examlnatlon, I conflrm that no matters have come to my attentlon In Connectlon wlth the
examlnatlon 8ivin8 me cause to belleve..
accounting records were not kept in respect of the Company as requlred by Sectlon 386 of the 2006 Act; or
the accounts do not accord with those records,. or
the accounts do not comply with the accountln8 requirements of Sectlon 396 of the 2006 Act other than any
requlrement that the accounts 8lve a true and falr vlew whlch Is not a matter consldered as part of an
Independent examlnatlon,, or
the accounts have not been prepared In accordance wlth the methods and prlnclples of the Statement of
Recommended Practlce for accountlng and reportlng by charltles lappllcable to charltles preparing thelr
accounts In accordance wlth the Flnanclal Reportln8 Standard appllcable In the UK and Republlc of Ireland IFRS
10211.
I have no concerns and have come across no other matters In connectlon wlth the examlnatlon to whlch attentlon
should be drawn In th15 report In order to enable a proper understandlng ofthe accounts to be reached.
D A Sanders BA (Honsl FCA
Sheen Stlckland
Chartered Accountants
2 Oriel Court
Omefa Park
Alton
HampshSre
GU34 2Yr
Date: .....
Page 9

Wlnchester Churches Nl8htshelter
operatlng as The Wlnchester Beacon
Statement of Flnanclal Actlvltles
for the Year Ended 31st March 2024
2024
Total
funds
2023
Total
funds
Unrestricted Designated
fund
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS
FROM
Donations, grants and legacies
491,124
134,972
626.096
582,662
Charltable actlvltles
Rents and benefits recelved
Fundraising actlvities
Investment income
137.902
17,574
31,487
137,902
17,574
31.487
140,447
11,312
3,559
Total
678,087
134,972
813,059
737,980
EXPENDITURE ON
RalsSng funds
3,087
15,fy)O
18,087
26,034
Charltable artlvltles
C05t5 directly related to the
Nl8ht5helter
Admlnlstratlon costs
476,224
55,494
531,718
408,132
52,856
52,856
27,233
Trtal
532,167
70,494
602,661
461,399
NET INCOME
Transfers between funds
145,920
1295,3181
64,478
15,318
210,398
276,581
17
280,000
Net movement In funds
1149,3981
280,000
79,796
210,398
276,581
RECONCILIATION OF FUNDS
Total funds brou8ht forward
1,291,208
206,000
236,968
1,734,176
1,457,595
TOTAL FUNDS CARRIED
FORWARD
1,141,810
486,Crt)O
316,764
1,944,574
1,734,176
The notes form part of these flnancial statements
Page 10

Wlnchester Churches Nlghtshelter
operatlng as The Wlnchester Beacon
Balance Sheet
31st March 2024
2024
Total
funds
2023
Total
funds
Unrestricted Designated
fund
funds
Restricted
funds
Notes
FIXED ASSETS
Tangible asset5
12
827,528
304,412
1,131,940
967,615
CURRENT ASSETS
Debtors
Cash at bank and In hand
13
3,330
369,410
3,330
867,762
3,020
804,412
486,000
12,352
372,740
486,iJOO
12,352
871,092
807,432
CREDITORS
Amounts fallin8 due withln one
year
14
141,258)
141,2581
123,671)
NET CURRENT ASSETS
331,482
486,iJOO
12,352
829,834
783,761
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,159,010
486,C￿0
316,764
1,961,774
1,751,376
PROVISIONS FOR LIABILITIES
16
117,2001
117,2001
117,2001
NET ASSETS
1,141,810
486,000
316,764
1,944,574
1,734,176
FUNDS
Unrestrlcted funds
Deslgnated funds
Restrlrted funds
17
1,141,810
486,000
316,764
1,291,208
206.000
236.968
TOTAL FUNDS
1,944,574
1,734,176
The charltable company Is entltled to exemptlon from audlt under Sectlon 477 of the Companles Art 2006 for the year
ended 31st March 2024,
The members have not requlred the company to obtaln an audlt of Its financlal statements for the year ended
315t March 2024 In accordance wlth Sectlon 476 of the Companies Act 2006.
The trustees acknowledge thelr responslblllties for
{al
ensuring that the charltable company keeps accountln8 records that comply with Sectlons 386 and 387 of the
Companles Art 2CKJ6 and
preparlng financial statements which give a true and falr vlew of the state of affalrs of the charltable company
as at the end of each financial year and of Its surplus or deficit for each financial year In accordance with the
requirements of Sections 394 and 395 and whlch otherwlse comply wlth the requirements of the Companies
Act 2006 relating to financial statements, so far a5 appllcable to the charitable company.
Ibl
The notes form part of these flnancial statements
Page 11
continued...

Wlnchester Churches Nlghtshelter
operatlng as The Wlnchester Beacon
Balance Sheet - coDtlnued
31st March 2024
These financial statements have been prepared In accordance with the provisions applicable to charitable companie5
subject to the small companies reglme.
The flnanclal statements were approved by the Board of Trustees and authori5ed for Issue on
nd were signed on Its behalf by:
Tracy Jones- Trustee
/aLL
Flon
Glbbon - Trustee
The notes form part of these flnanclal statements
Pa8e 12

Wlnchester Churches Nlghtshelter
operating as The Winchester Beacon
Cash Flow Statement
for the Year Ended 31st March 2024
2024
2023
Notes
Cash flows from operatln8 actlvltles
Cash generated from operations
220,747
282,148
Net cash provided by operatin8 activities
220,747
282,148
Cash flows from Investlng artl¥ltles
Purchase of tangible fixed assets
Investment income
1188,8841
31,487
110,6511
3,559
Net cash used in investlng activities
1157,3971
7,092)
Change In cash and Cash equlvalents In the
reportln8 perlod
Cash and ¢ash equlvalents at the beglnnlng
of the reportlng perlod
63,350
275,056
804,412
529,356
Cash and cash equlvalent$ at the end of
the reportlng perlod
867,762
804,412
The note5 form part of these financlal statements
Page 13

Winchester Churches Nightshelter
operatlng as The Wlnchester Beacon
Notes to the Cash Flow Statement
for the Year Ended 31st March 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING AcfiviTIES
2024
2023
Net Income for the reportlng perlod (as per the Statement of Flnanclal
Actlvltles)
Adjustments for:
Depreclation charges
Investment income
Increase in debtors
Increase in creditors
210,398
276,581
24.559
131,4871
13101
17,587
5,424
13,5591
14801
4,182
Net cash provlded by operatlon$
220,747
282,148
ANALYSIS OF CHANGES IN Nrr FUNDS
At 1.4.23
Cash flow
At 31.3.24
Net cash
Cash at bank and In hand
804,412
63,350
867,762
804,412
63,350
867,762
Total
804,412
63,350
867,762
The notes form part of these financial statements
Page 14

Winchester Churches Nl8htshelter
operatlng as The Wlnchester Beacon
Notes to the Flnanclal Statements
forthe Year Ended 31st March 2024
ACCOUNTING POUCIES
Basls of preparlng the flnanclal statements
The financial statements of the charltable company. which is a public benefit entity under FRS 102. have been
prepared In accordance with the Charltles SORP IFRS 1021 'Accounting arsd Reporting by Charlties.. Statement
of Recommended Practice appllcable to charities preparing their accounts in accordance wlth the Financial
Reporting Standard appllcable in the UK and Republic of Ireland IFRS 1021 leffective l January 20191,, Financial
Reporting Standard 102 'The Flnancial Reporting standard applicable in the UK and Republlc of Ireland, and the
Companies Act 2006. The flnancial statements have been prepared under the historical cost conventlon,
The Charitable Company had net current assets of unrestrlcted funds of £331,482 as at 31st March 202412023:
£484,255). The trustees conslder, on the basis of the Informatlon available to them, that the Charltable
Company has adequate resources to contlnue in operational exlstence for the foreseeable future and for this
reason the board of trustees continues to adopt the goin8 concern basis in preparin8 the financlal statements.
Income
Income comprlses donatlonsl grants, rents and houslng beneflts receivable.
All Income Is recognlsed In the Statement of Flnanclal Actlvitles On￿ the charlty has entltlement to the funds,
It is probable that the Income wlll be recelved and the amount can be measured rellablv.
Where grants are recelvable In respect of a speclfSc tlme perlod, they are treated as debtors provlded that they
are subsequently received In full. Where 8rants are recelvable in respect of speclflc expenditure they are
treated as Income when the expendlture has been Incurred.
Le8a¢les
Legacles are reco8nlsed when there Is sufflclent evldence to prove that It Is more Ilkely than not that the legacv
wlll be recelved and the value of the legacy can be measured wlth sufficlent reliablllty. Recelpt Is normallv
consldered to be probable when there has been a grant of probate,. the executors have estab115hed that there
are sufficient a55ets In the estate, after settling any Ilabllltles, to pay the le8acy and any condltlons
attached
to the legacy are elther wlthln the control of the charlty or have been met.
Expendfture
Llabllltles are recognlsed as expendlture as soon as there Is a legal or constructlve obllgatlon commlttlng the
charlty to that expenditure, It Is probable that a transfer of economlc beneflts wlll be requlred In settlement
and the amount of the obligatlon can be measured rellably. Expenditure Is accounted for on an accruals basls
and has been classlfied under headSngs that ag8re8ate all cost related to the cate80ry. Where costs cannot be
dlrectly attributed to partlcular headln8S they have been allocated to attlvltles on a basls conslstent wlth the
use of resources.
Tan8lble flxed assets
Depreciation is provided at the followlng annual rates In order to wrlte off each a55et over Its estlmated useful
life.
Freehold property
Leasehold property
not provlded
over the remalnlng Ilfe of the lease or the expected Ilfe of the asset
whlchever 5s the Shorter
25% on cost
Flxtures and equlpment
Freehold properties are valued at cost and are not depreclated. The properties are malntained in good repair
and In the opinion of the trustees It Is considered that the residual values are such that depreciation Is not
slgnlflcant.
Page 15
continued...

Wlnchester Churches Nlghtshelter
operatlng as The Wlnchester Beacon
Notes to the Flnanclal Statements- contlnued
for the Year Ended 31st March 2024
ACCOUNTING POUCIES- contlnued
Taxatlo
The charitable company Is exempt from Corporation Tax on its charStable actlvltles.
Fund accountlng
Unrestricted funds can be used In accordance wEth the charltsble oblectives at the discretlon of the trustees.
Deslgnated funds represent unrestrlcted funds earmarked for particular purposes by the trustees of the
charftable company In the exerclse of their discretlonary powers,
Restrlcted funds can only be used for partlcular restrlrted purposes wlthln the oblerts of the charlty.
Restrlctlons arlse when specified by the donor or when funds are ralsed for particular restricted purposes.
Further explanatlon of the nature and purpose of each fund Is Included In the notes to the financlal
statements.
Penslon Costs and other post-retlrement benefSt$
The charitsble Company operates a defined contrlbutlon penslon scheme. Contrlbutlons payable to the
charitable company's pension scheme are charged to the Statement of Flnancial Activitles in the period to
which they relate.
DONATIONS. GRANTS AND LEGACIES
2024
2023
Donatlons
Glft Ald recovered
Legacles
Grants
377,839
17,628
344,380
12,340
51.362
174,580
230,629
626,096
582,662
FUNDRAISING AcnviTIES
2024
2023
Fundralslng events
17,574
11,312
Pa8e 16
contlnued...

Winchester Churches Nlghtshelter
operatlng as The Wlnchestef Beacon
Notes to the Flnanclal Statements- continued
for the Year Ended 31st March 2024
INVESTMENT INCOME
2024
2023
Deposit funds
31,487
3,559
INCOME FROM CHARITABLE AcnviTIES
2024
2023
Actlvlty
Rents received less
recoverable
Housin8 Benefit
Rents and benefit5 received
34.151
44,757
Rents and benefits recelved
103,751
95,690
137,902
140,447
RAISING FUND5
RalslnB donatlons and legacles
2024
2023
Fundralslng expenses
18,087
26,034
CHARITABLE ACTIVITIES COSTS
Dlrect
Costs
Costs directly related to the Nlghtshelter
531,718
NET INCOME/{EXPENDITUREI
Net Income/lexpendlturel1s Stated after chargln8/lcreditln81'.
2024
2023
Depreciatlon - owned assets
Independent examlner's remuneration
Other accountancy fees
Underprovision in prevlous years
Other professlonal fees
24,559
1,070
4,930
2,364
8,464
5,424
930
3,270
1,542
2,336
Page 17
contlnued...

Wln¢hester Churches Nlghtshelter
operatlng as The Wlnchester Beacon
Notes to the Flnanclal Statements- contlnued
for the Year Ended 31st March 2024
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneratlon or other benefits for the year ended 31st March 2024 nor for the year
ended 31st March 2023.
Trustees, expenses
The￿ were no trustees, expenses pald for the year ended 315t March 2024 nor for the year ended
31st March 2023.
io.
STAFF COSTS
2024
2023
Wages and 5alarles
Social securlty cost5
Other penslon costs
349,439
28,443
18,142
289,461
22,630
15,012
396,024
327,103
In addltlon, £14,600 of wages and salaries {2023 £10,765) 15 charged to fundralslng expenses In the
Statement of Flnanclal Activltles. Thls represents a proportlon of the salary of the PR and marketln8
Co-ordlnator to cover the tlme spent on fundra151n8 actlvltles.
The average monthly number of employees durln8 the year was as follows..
2024
14
2023
14
Staff
No employees recelved emoluments In excess of £60,000.
The remuneratlon of key management personnel Is set by the trustee5, havlng re8ard to levels of pay for
comparable posltlons wlthln the charity sector.
ii.
COMPARATIVES FOR TrIE STATEMENT OF FINANCIAL ACTIVITIES
Unrestrlcted Designated
fund
funds
Restrlcted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donatlons, grants and legacles
414,222
168,440
582,662
Charltable artlvltles
Rents and benefits recelved
Fundraislng activities
Investment Income
140,447
11,312
3,559
140,447
11,312
3,559
Total
569,540
168,440
737,980
Page 18
contlnued...

Winchester Churches Nlghtshelter
operatlng as The Wlnchester Beacon
Notes to the Flnanclal Statements- contlnued
for the Year Ended 31st March 2024
ii.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - contlnued
Unrestricted Designated
fund
funds
Restricted
funds
Total
funds
EXPENDITURE ON
Raising funds
11,034
15,000
26,034
Charltable actlvftles
Costs directly related to the Nlghtshelter
Admlnlstration costs
342,839
27,233
65,293
408,132
27,233
Total
381,106
80,293
461,399
NETINCOME
Transfers between funds
188,434
(86,0001
88,147
276,581
86,000
Net movement In funds
102,434
86,000
88,147
276,581
RECONCILIATION OF FUNDS
Total fund5 brou8ht forward
1,188,774
120,000
148,821
1,457,595
TOTAL FUNDS CARRIED FORWARD
1,291,208
206,000
236,968
1,734,176
12. TANGIBLE FIXED ASSETS
Fixtures
and
equipment
Freehold
property
Leasehold
property
Totals
COST
At 1st Aprll 2023
Addltlons
620,339
2,800
402,190
182,565
6,619
3,519
1,029,148
188,884
At 31st March 2024
623,139
584,755
10,138
1,218,032
DEPRECIATION
At 1st Aprll 2023
Charge for year
59,878
22,025
1,655
2,534
61,533
24,559
At 31st March 2024
81,903
4,189
86,092
NET BOOK VALUE
At 315t March 2024
623,139
502,852
5.949
1,131,940
At 31st March 2023
620,339
342,312
4,964
967,615
Page 19

Wlnche5ter Churches Nlghtshelter
operating as The Wlnchester Beacon
Notes to the Flnanclal Statements- contlnued
for the Year Ended 31st March 2024
TANGIBLE FIXED ASSETS - Contlnued
The leasehold property for the Jewry Street premlses was acqulred in 1996, As at 31st March 2024 there
remained 71 years on the lease.
The lease for one property in Eastleigh expired in 2019 and is continuing on a month by month basls
thereafter.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Prepayments and accrued income
3,330
3,020
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade ¢￿dItOrS
Social security and other taxes
Other creditor5
Accruals and deferred Income
1,644
8,536
3,378
27,700
6,667
9,793
3,011
4,200
41,258
23,671
15.
LEASING AGREEMENTS
Mlnlmum lease payments under non-cancellable operatln8 lease5 fall due as follows..
2024
2023
Wlthln one year
2,820
2,820
16.
PROVISIONS FOR LIABIUTIES
2024
2023
Provlslons
17,200
17,200
Provlslon has been made for the Ilkely level of Insurance prernlum recharge which ha5 hlstorlcally not been
recharged to the charity.
Page 20

Winchester Churches Nlghtshelter
operatlng as The Winchester Beacon
Notes to the Flnanclal Statements- contlnued
for the Year Ended 31st March 2024
17.
MOVEMENT IN FUND5
Net
movernent
in funds
Transfer5
between
funds
At
31.3.24
At 1.4.23
Unrestrlrted funds
General fund
1,291,208
145,920
1295,3181
1,141,810
Deslgnated funds
Jewry Street refurblshment fund
Move on houses refurblshment
New house fund
150.000
s6,￿j0
1150,0001
30,000
400,000
86,000
400,000
206,OLN)
280,000
486,000
Restrl¢ted funds
Capltal fund
Core support fund
Resident support fund
Lesley Cunnea Fund
Transformation fund
144,462
3,000
16,442
71,568
13,0001
19,2401
5,150
88,382
304.412
7,202
5,150
73,064
173,0641
236,968
64,478
15,318
316,764
TOTAL FUNDS
1,734,176
210,398
1,944,574
Net movement In funds, Included In the above are as follows:
Incoming
resources
Resources
expended
Movement
In funds
Unrestr5¢ted funds
General fund
678,087
1532,1671
145,920
Restrlcted funds
Capltal fund
Core support fund
Tenancy support fund-The Natlonal Lottery Communlty
Fund
Resident support fund
Fundraislng fund - Hampshlre and Isle of Wl8ht Communlty
Foundation
Staffin8 fund - The Ollver 8orthwlck Memorlal Trust
Lesley Cunnea Fund
93,183
1,5iX)
15,139
121,6151
14,5001
{15,1391
71,568
13,0001
19,2401
115,0001
19,2401
15,OCK)
5,000
5,150
15,0001
5,150
134,972
170,4941
64,478
TOTAL FUNDS
813,059
1602,6611
210,398
Page 21
continued...

Wlnchester Churches Nlghtshelter
operatlng as The Wlnchester Beacon
Notes to the Flnanclal Statements. contlnued
forthe Year Ended 31st March 2024
17.
MOVEMENT IN FUNDS- ¢ontlnued
Further breakdown of the movements on the General fund are as follows,.
Incoming
resour￿5
Resources
expended
Movement
in funds
Oak Foundatiors
Thomas Robert5 Trust
Lloyd5 Bank Foundation
The J Davy Foundatlon
Grants and trusts less than £5,OLK)
Other Incomlng resources
105,000
50,000
25,000
25,000
17,000
456,087
1105,0001
150,0001
125,0001
125,0001
117,0001
310,1671
145,920
678,087
1532,1671
145,920
Further breakdown of the movements on the Capltal fund are asfollows:
Incoming
resources
Resources
expended
Movement
In funds
The Natlonal Lottery Communlty Fund
CRASH Charlty
Hampshlre County Councll
30,583
37,600
25,000
17,0941
18,7221
5,7991
23,489
28,878
19,201
93,183
21,6151
71,568
Comparatlves for movement In funds
Net
movement
Sn funds
Transfers
between
funds
At
31.3.23
At 1.4.22
Unrestrlrted funds
General fund
1,188,774
188,434
186,0001
1,291,208
De518nated funds
Jewry Street refurbishment fund
Move on houses refurblshment
120,IXIO
30,C¥
56,000
150,LXJO
56,000
120,000
86,000
206,000
Restrfrted funds
Capltal fund
Core 5UPPOrt fund
Resident support fund
Transformatlon fund
146,821
12,359)
1,000
16,442
73,064
144.462
3,000
16,442
73,064
148,821
88,147
236.968
TOTAL FUNDS
1,457,595
276.581
1,734,176
Page 22

Winchester Churches Nlghtsheker
operatlng as The Wlnchester Beacon
Notes to the Flnanclal Statements- contlnued
for the Year Ended 315t March 2024
Comparatlve net movement in funds, Included in the above are as follows,.
Incoming
resources
Resources
expended
Movement
in funds
Unre5trl¢ted funds
General fund
569,540
1381,1061
188,434
Restrlcted funds
Capital fund
Core supportfund
Resident support fund
Fund falsing fund
Staffing fund
Transformatlon fund
1,000
22,000
19,000
15,000
38,376
73,064
13,3591
121,0001
12,5581
115,0001
138,3761
12,3591
1,000
16,442
73,064
168,440
180,2931
88,147
TOTAL FUNDS
737,980
1461,3991
276,581
The general fund represents the balance of unrestrlcted Sncome less expendlture. The trustees, however, have
without restri¢tln8 thelr abillty to spend such sums on any of the charitsble oblectlves of the charlty, allocated
£150,000 for the ￿fUrb1$hrnent of the premlses In Jewry Street and £56,000 for the renovatlon of one of the
mov&on houses.
17.
MOVEMENT IN FUNDS- contlnued
The capltal fund prlmarlly represents the value of grants recelved for the purpose of bulldlng the Nl8htshelter
less accumulated depreciatlon to date. Where addltlonal Incorne ha5 been recelved towards capbtal
expendlture thls Income has been added to thls fund.
The other restrlcted fvnds represent Income recelved for speclflc purposes less expendlture on those
purpose5. The balance therefore represents restrlcted Income recelved where the related expendlture has yet
to take place
18.
RELATED PARTY DISCLOSURES
There were no related party transattlons for the year ended 31st March 2024,
19.
COMPANY STATUS
The charitsble company is a private company Ilmlted by guarantee and consequently does not have a share
capital. Each of the members is Ilable to contrSbute an amount not exceedlng £1 towards the assets of the
company In the event of liquidatlon.
Page 23

Wlnchester Churches Nl8htshelter
operatlng as The Wlnchester Beacon
Detalled Statement of Flnanclal Actlvities
for the Year Ended 31st March 2024
2024
2023
INCOME AND ENDOWMENTS
Donatlons. grants and le88¢les
Donatlons
Gift Ald recovered
Legacies
Grants
377,839
17,628
344,380
12,340
51,362
174,580
230,629
626,096
582.662
Fundralsln8 actlvltles
Fundraisln8 events
17,574
11,312
Inveslment Income
DeposSt funds
31,487
3,559
Charltable actlvltles
Rents recelved less recoverable
Housing Benefit
34,151
103,751
44,757
95,690
137,902
140,447
Total Incomlng resources
813,059
737,980
EXPENDITURE
Ralsln8 donatlons and lo8acles
Fundralslng expenses
18,087
26,034
Charltoble actlvltles
Wages and salarles
Soclal securlty
Pensions
Rent and rates
Llght, heat and water
Resldent support expenses
Caterlng and household costs
Repalrs and maintenance
Depreclatlon of leasehold property
Depreclatlon of fixtures and equlpment
349,439
28,443
18,142
16,272
35,188
21,229
10,274
28,172
22,025
2,534
289,461
22,630
15,012
15,938
25,452
14,404
6,813
12,998
3,769
1,655
531,718
408,132
Admlnlstratlon costs
Insurance
Carried forward
4,686
4,686
4,050
4,050
This page does not form part of the statutory financial statements
Page 24

Wlnchester Churches Nlghtshelter
operating as The Winchester Beacon
Detalled Statement of Financial Actlvltles
for the Year Ended 31st March 2024
2024
2023
Admlnlstratlon costs
Brou8ht forward
Telephone
Subscriptions
Staff training
Bank charges
Other administrative costs
Independent examiner's remuneratlon
Other accountancy fees
Accountancy- underprovlslon In prevlous year
Recrultment costs
Legal and profe55ional fees
4.686
7,551
1,548
1,708
1,471
2,918
1,070
4,930
2,364
16,146
8,464
4,050
5.278
1,605
3,345
1.185
3.692
930
3,270
1,542
2,336
52,856
27,233
Total resources expended
602,661
461,399
Net Incorne
210,398
276.581
Thls page does not fomi part of the statutory financlal statement5
Pa8e 25