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2023-03-31-accounts

Annual Report Report and financial statements for the year ended 31 March 2023 Homeless Llnk Registered charity number: 1089173 Registered company number: 04313826

Trustees'
Report
Chair's introduction
Shaping the Future Together
Our activities 8 impact in 2022-23
1. Home Safe 5
2. People First 6
3. Prevention
into Action		 7
4. Stronger Voice 8
Organisational
Development		 in 2022-23 9
Financial
review		 10
Reserves policy 10
Future plans 11
Administrative
details ofthe		 charity, its trustees and advisors 12
Structure,
governance
and management		 13
Risk management 15
Trustees'
responsibilities		 in relation to the financial statements 16
Auditor appointment 16
Approval 16
Independent
auditors'		 report 17
Consolidated
statement		 offinancial activities 22
Consolidated
and charity balance sheets		 23
Consolidated
statement		 ofcash flows
Notes to the financial statements 26

Reserves Budget process
Monthly management
accounts
Quarterly
reviews offinance with all teams
Contingency
planning
Two-year reserves recovery
plan
Data breach Data protection
training for whole team
Data protection
policies and guidance for		 all staff and
external users
Robust procedure
in place for responding		 to breaches
U date all GDPR
olicies,
rocesses and		 trainin
Data protection All team trained
on Data Protection
law		 and internal data
protection
policies
Use ofcloud software to correctly and appropriately store
persona
I data
Dail
cloud backu
a
lication installed		 and tested
MEAM governance Collaboration
agreement
between
partners
Regular
MEAM Programme
Board meetings
New independent
chair appointed
Clear dispute
resolution
process
Agreement
on future direction of MEAM		 governance.

Fh ddMh 2023
orte year ene 31arc 2023 2022
Unrestricted Restricted Total Total
Funds Funds Funds Funds
INCOME Notes
Income from charitable
activities
Statutory
income		 1,495,163 758,955 2,254,118 1,572,562
Trusts and Foundations 142,750 424,266 567,016 315,051
MEAM Services 94,079 600,000 694,079 696,906
In-Form 3,275,030 3,275,030 2,717,404
Membership
Services		 1,524,894 1,524,894 1,374,275
Grants Programme 4,254,693
Other income
Other income 382,724 57,711 440,435 538,984
Total income 6,914,640 1,840,932 8,755,572 11,469,875
EXPENDITURE
Expenditure on raising funds
Fundraising 12,219 12,219 25,329
Expenditure on charitable
activities
Ending Homelessness 1,638,625 758,955 2,397,580 1,574,302
Research and Development 122,413 435,288 557,701 478,814
MEAM 117,570 582,362 699,932 733,527
In-Form 3,284,349 3,284,349 2,769,570
Membership
Services		 1,349,356 1,349,356 1,419,171
Grants Programme 28,000 28,000 4,653,522
Other expenditure 612,238 80,968 693,206 216,330
Total expenditure 9-10 7,136,770 1,885,573 9,022,343 11,870,565
Net movement
in funds for the year		 (222,130) (44,641) (266,771) (400,690)
Reconciliation
offunds:
Total funds brought
forward		 1,076,406 341,698 1,418,104 1,818,794
Total funds carried forward 20 854,276 297,057 1,151,333 1,418,104

Asat 31M arch 2023
Group Charity Group Charity
2023 2023 2022 2022
Notes 6 6 6 6
Fixed Assets
Intangible
fixed assets		 13 103,225 103,225 79,111 79,111
Tangible fixed assets 13 131,573 131,573 74,109 74,109
Investments 14 1 2 1 2
234,799 234,800 153,221 153,222
Debtors:
amounts
falling due after one year		 15 113,940 361,137
Current Assets
Debtors 8 prepayments 15 3,207,599 2,888,322 3,004,597 2,555,081
Cash at bank 1,140,896 1,052,090 1,410,353 1,282,780
Short term investments 16 124,418 124,418 125,537 125,537
4,472,913 4,064,830 4,540,487 3,963,398
Creditors:
amounts
falling due within		 one year 17 (3,302,531) (3,148,296) (3,185,453) (2,698,515)
Net current assets 1,170,382 916,534 1,355,034 1,264,883
Total assets less current liabilities 1,519,121 1,151,334 1,869,392 1,418,105
Creditors:
amounts
falling due after one year		 18 (367,788) (451,288)
Net assets 1,151,333 1,151,334 1,418,104 1,418,105
Represented by
2023 2023 2022 2022
Funds 6 6 6 6
Unrestricted funds: general 19 679,775 679,776 967,429 967,430
Unrestricted funds: designated 19 174,501 174,501 108,977 108,977
Restricted funds 20 297,057 297,057 341,698 341,698
Total Funds 1,151,333 1,151,334 1,418,104 1,418,105

Group Group
2023 2022
Cash flows from operating activities:
Net (expenditure)
/ income		 (as per the Statement of Financial
Activities) (266,771) (400,690)
Depreciation 67,071 101,040
Increase in short-term debtors (203,002) (1,074,136)
Decrease in Homeless Link Social Investment Ltd; Long-term
debtors 247,197 663,818
Increase in short-term creditors 117,078 1,401,212
Decrease in Homeless Link Social Investment Ltd: Long-term
creditors (83,500) (698,412)
Net Cash inflow/(outflow) from operating activities (121,927) (7,168)
Purchase ofintangible assets (59,150) (85,325)
Purchase offixed assets (89,499) (32,513)
Net Cash outflow from capital expenditure and investments (148,649) (117,838)
Change in cash and cash equivalents in the reporting period (270,576) (125,006)
Cash and cash equivalents at the beginning ofthe reporting
period 1,535,890 1,660,896
Cash and cash equivalents at the end of reporting period 1,265,314 1,535,890
Analysis of cash and cash equivalents E
Cash in hand 1,140,896 1,410,353
Short term investments 124,418 125,537
Total cash and cash equivalents 1,264,314 1,535,890

Analysis ofchanges in net debt
Other
At start of Cash non-cash At end
year Flows charges ofyear
E E E E
Cash in hand 1,410,353 (269,457) 1,140,896
Short term investment 125,537 (1,119) 124,418
1,535,890 (270,576) 1,265,314
Loans falling due within one year (495,503) 341,268 (154,235)
Loans falling due after more than one year (451,288) 83,500 (367,788)
Changes in net debt 589,099 (270,576) 424,768 743,291

2 STATUTORY INCOME STATUTORY INCOME
Unrestricted Restricted 2023
Funds Funds Total
E E
Department
for		 Levelling Up, Housing
and Communities 975,974 350,000 1,325,974
Greater London Authority (GLA) 519,189 117,501 636,690
London Councils 163,991 163,991
Department
of Health		 and Social Care 118,463 118,463
Welsh Government 9,000 9,000
1,495,163 758,955 2,254,118
Unrestricted Restricted 2022
Funds Funds Total
E E
Department
for		 Levelling Up, Housing
and Communities 860,836 350,000 1,210,836
Greater London Authority (GLA) 40,950 72,520 113,470
London Councils 106,765 106,765
Department
of Health		 and Social Care 132,491 132,491
Welsh Government 9,000 9,000
901,786 670,776 1,572,562
3 TRUSTSAND FOUNDATIONS
Unrestricted Restricted 2023
Funds Funds Total
E E
Access-The Foundation for SocialInvestment 114,000 114,000
Comic Relief 25,000 100,000 125,000
Nationwide
Foundation		 89,938 89,938
John Laing Charitable Trust 50,000 50,000
Jongens Charitable
Trust		 50,000 50,000
City Bridge Trust 88,000 88,000
Lloyds Bank Foundation 32,328 32,328
London
Housing		 Foundation 17,750 17,750
142,750 424,266 567,016

Unrestricted Restricted 2022
Funds Funds Total
E E
Access-The Foundation for Social Investment 50,000 50,000
Nationwide Foundation 55,699 55,699
John Laing Charitable Trust 26,605 26,605
Land Aid 15,300 15,300
Lloyds Bank Foundation 49,697 49,697
Comic Relief 100,000 100,000
London Housing Foundation 17,750 17,750
17,750 297,301 315,051
4 MEAM
Unrestricted Restricted 2023
Funds Funds Total
E
National Lottery Community Fund 600,000 600,000
Other income 94,079 94,079
94,079 600,000 694,079
Unrestricted Restricted 2022
Funds Funds Total
E E
National Lottery Community Fund 120,324 420,681 541,005
Lankelly Chase Foundation 121,736 121,736
Manchester City Council 29,475 29,475
Other income 4,690 4,690
125,014 571,892 696,906
Unrestricted Restricted 2023 2022
Funds Funds Tota
I		 Tota
I
E E
Annual Licence fees 2,749,809 2,749,809 2,147,165
Implementations 8
professional services 525,221 525,221 570,239
3,275,030 3,275,030 2,717,404
Unrestricted Restricted 2023 2022
Funds Funds Tota
I		 Tota
I
E E E E
Training 705,728 705,728 570,739
Consultancy services 459,483 459,483 405,244
Membership fees 241,740 241,740 247,185
Events and conferences 72,349 72,349 81,702
Job advertising 45,594 45,594 44,405
Campaigning 25,000
1,524,894 1,524,894 1,374,275

Unrestricted Restricted 2023 2023 2022
Funds Funds Tota I Tota
I
E E E E
Department for Levelling Up,
Housing and Communities 3,806,000
Department for Digital,
Culture, Media and Sports
(DCMS)
Comic Relief 51,091
City Bridge Trust 318,000
London Homeless Collective 79,602
4,254,693

OTHER INCOME
Unrestricted Restricted 2023 2022
Funds Funds Tota
I		 Tota
I
E E E E
HL SocialInvestment 45,650 45,650 47,929
Interest receivable 150 150 13,298
Individual
and Corporate		 230,691 57,711 288,402 383,797
Donations
Other Consultancy services 47,174 47,174 24,750
Other income: Secondment 59,059 59,059 69,210
382,724 57,711 440,435 538,984

For the year ended 31March 2023 the year ended 31March 2023 the year ended 31March 2023
Significant Donations Unrestricted Restricted 2023 2022
included
in		 above E1,000 Funds Funds Tota
I		 Tota
I
The Calypso Browning Trust 3,000 3,000 5,000
Taskmaster 35,459
The Henhurst
Charity		 1,000 1,000
Maureen
Roberts (WRL		 Clients) 16,582
Euromonitor International 1,000
TheJohn Young Charitable Trust 5,000 5,000
The Dischma Charitable Trust 3,000
Jongen Charitable
Trust		 50,000 50,000 100,000
9 ANALYSIS OF EXPENDITURE
Payments Salaries Direct Support 2023
to partners costs costs Tota
I
E E
Ending Homelessness 519,576 1,176,647 347,436 353,921 2,397,580
Research 8 Development 5,718 386,291 84,515 81,177 557,701
MEAM 49,431 401,548 139,975 108,978 699,932
In-Form 1,697,443 1,072,691 514,215 3,284,349
Membership Services 492,579 622,352 234,425 1,349,356
Grants Programme 28,000 28,000
Other expenditure 8,107 515,712 104,622 64,765 693,206
582,832 4,670,220 2,399,591 1,357,481 9,010,124
Payments Salaries Direct Support 2022
to partners costs costs Tota
I
E E
Ending Homelessness 504,023 872,037 164,703 33,539 1,574,302
Research 8 Development 6,560 334,408 101,639 36,207 478,814
MEAM 223,712 330,924 98,800 80,091 733,527
In-Form 1,404,257 905,832 459,481 2,769,570
Membership Services 658,064 606,043 155,064 1,419,171
Grants Programme 4,099,353 52,677 18,226 483,266 4,653,522
Other expenditure 216,330 25,329 241,659
4,833,648 3,868,697 1,920,572 1,247,648 11,870,565

ANALYSIS OFSUPPOR T AND GOVE RNANCE C OSTS
2023 2022
Support Govern Total Support Govern Total
E E E E E E
Office management 146,423 146,423 89,081 89,081
ITSupport 306,943 306,943 308,126 308,126
Depreciation 67,071 67,071 101,040 101,040
Training 30,813 1,968 32,781 10,706 218 10,924
Premises 298,606 298,606 234,096 234,096
Legal 8 professional 28,021 7,071 35,092 33,509 6,710 40,219
Audit fees 31,182 31,182 12,500 12,500
Senior Management 45,088 46,918 92,006 23,896 39,537 63,433
Finance Support 165,474 165,474 183,626 183,626
Human
Resources		 110,096 110,096 113,869 113,869
Insurance 24,193 24,193 18,738 18,738
Bad Debts 52,169 52,169 71,996 71,996
1,274,897 87,139 1,362,036 1,188,683 58,965 1,247,648
11 ANALYSIS OFSTAFFCOSTS,TRUSTEES' REMUNERATION ANALYSIS OFSTAFFCOSTS,TRUSTEES' REMUNERATION AND EXPENSESAND AND EXPENSESAND
THE COSTOF KEYMANAGEMENT 2023 2022
Tota I Tota I
E E
Wages 8 salaries 4,294,122 3,582,413
Social security costs 492,130 371,502
Employers
pension costs		 244,386 217,826
5,030,638 4,171,741
2023 2022
The average number ofstaff employed by 98 85
Homeless
Link (FTE)during the year

The number
in the year		 ofemployees
whose em
were as follows:		 oluments
a		 mounted
to over f60,		 000
E60,000-E69,999 5
E70,000-E79,999 2
E80,000-E89,999 1
E90,000-E99,999
E100,000-E109,999 1
2023 2022
Employer's pension costs attributed to E49,722 E35,844
employees paid over f60,000were:
2023 2022
E897 E498
12 NET MOVEMENT IN FUNDS FUNDS
Net income/(expenditure) for the year is stated after charging 2023 2022
E E
Audit fee 30,993 12,500
Depreciation 67,071 101,040
Operating
lease rentals		 308,41 5 192,804
13 TANGIBLE AND INTANGIBLE FIXEDASSETS
Web
Design Fixtures Total
GROUP AND Leasehold Computer and and Fixed
CHARITY Improvement Equipment Systems Equipment Assets
E E E E E
Cost
At 01 April 2022 114,335 310,125 85,325 80,357 590,142
Additions 58,718 30,781 59,150 148,649
Disposals (114,335) (23,747) (22,216) (160,298)
At 31 March 2023 58,718 317,159 144,475 58,141 578,493
Depreciation
At 01 April 2022 114,335 253,729 6,214 62,644 436,922
Charge for year 5,642 22,850 35,036 3,543 67,071
Disposals (114,335) (23,747) (22,216) (160,298)
At 31 March 2023 5,642 252,832 41,250 43,971 343,695
Net Book Values
At 31 March 2023 53,076 64,327 103,225 14,170 234,798
At 31 March 2022 56,396 79,111 17,713 153,220

Group Charity Group Charity
2023 2023 2022 2022
E E E
Homeless Link (Trading) Limited 1 1 1
Change Account Limited 1
Homeless Link SocialInvestment Ltd 1
1 2 2 3

Homeless
Link Social Investment		 Homeless
Link Social Investment		 Ltd
Profit and LossAccount forthe year ended 31March 2023
2023 2022
E E
Total income 45,650 47,929
Tota
I expenditure		 45,650 47,929
Net Profit/(Loss)
Homeless
Link Social Investment		 Ltd
Balance Sheet asat 31March 2023
2023 2022
E E
Long-term
Assets
Debtors: amount
falling due after
one year 113,940 361,137
Current Assets
Debtors and prepayments 319,277 458,081
Cash and bank 88,807 127,574
Tota
I current assets		 408,084 585,655
Creditors: Amounts falling due in
one year (154,235) (495,503)
Net current assets 253,849 90,152
Long term creditors (367,788) (451,288)
Net Assets
Ordinary
Share Capital
Owner's
Equity

For the year ended 31March 2023 the year ended 31March 2023 the year ended 31March 2023
15 DEBTORS AND PREPAYMENTS Group Charity Group Charity
2023 2023 2022 2022
E E E
Trade debtors 1,967,968 1,967,968 1,760,220 1,760,220
Prepayments 677,508 677,508 613,248 613,248
Other debtors 14,452 14,452 44,164 37,609
Homeless Link Social Investment Ltd Loans 319,277 458,081
Accrued income 228,394 228,394 128,884 128,884
Homeless Link SocialInvestment Ltd 15,120
3,207,599 2,888,322 3,004,597 2,555,081
Debtors: Amounts falling due after one year
2023 2022
Homeless Link Social Investment Ltd Loans 113,940 361,137

HOR T TERM I NVESTMENT S
Net
Movement
during the
01.04.2022 yea r 31.03.2023
E E E
COIF Charities Investment Funds Accumulation
Units 125,537 (1,118) 124,419

17 CREDITORS CREDITORS Group Charity Group Charity
Amounts falling due within one year 2023 2023 2022 2022
E E E
Trade creditors 876,513 876,513 732,615 732,615
Sundry creditors 89,045 89,045 8,565
Homeless Link Social Investment Ltd Loans 154,235 495,503
Deferred income 1,623,285 1,623,285 1,532,062 1,532,062
Other tax and social security 413,721 413,721 285,295 285,295
Accruals 145,732 145,732 139,978 139,978
3,302,531 3,148,296 3,185,453 2,698,515

Deferred income analysis
Net
Movement
during the
01.04.2022 year 31.03.2023
E E E
In-Form Licensing income 1,432,190 72,286 1,504,476
CHAIN 49,000 49,000
Consultancy 16,387 18,862 35,249
Training 83,485 (48,925) 34,560
1,532,062 91,223 1,623,285

19 MOVEMENT ON FUNDS MOVEMENT ON FUNDS
GROUP AND CHARITY Unrestricted Restricted Total
E
Opening balances as at 01 April 2022 1,076,406 341,698 1,418,104
Income 6,914,640 1,840,932 8,755,572
Expenditure (7,136,770) (1,885,573) (9,022,343)
Closing balances as at 31 March 2023 854,276 297,057 1,151,333
Analysis of movemen ts
in Unrestri		 cted
Funds:
Funds at Funds at
01.04.2022 Income Expenditure Transfers 31.03.2023
E E E E E
General fund 967,429 6,914,640 (7,136,770) (65,524) 679,775
Designated Funds:
MEAM Partnership
fund 108,977 65,524 174,501
Total 1,076,406 6,914,640 (7,136,770) 854,276

GROUP AND CHARITY
Funds at Funds at
01.04.2022 Income Expenditure 31.03.2023
E E E
City Bridge Trust 88,000 60,845 27,155
Comic Relief(research) 15,000 11,788 3,212
Enterprise
Development
Programme 44,857 114,000 121,731 37,126
Health and Wellbeing Alliance 118,463 118,463
Homelessness
Winter
Transformation
Fund		 17,376 17,376
Housing
First England		 114,938 87,225 27,713
No Recourse Project (Lloyds Bank
Foundation) 8,475 32,328 35,404 5,399
London Homeless
Collective		 36,343 57,711 80,968 13,086
London
Plus Project		 163,991 148,020 15,971
Making
Every Adult Matter
(MEAM)-Lottery 6,253 600,000 555,007 51,246
Making
Every Adult Matter
(MEAM)-Policy 67,747 27,355 40,392
Reboot UK 25,575 25,312 263
StreetLink 476,501 476,501
Women's
Homelessness		 Project 135,072 59,578 75,494
Youth Homelessness 60,000 60,000
Total Restricted
Funds		 341,698 1,840,932 1,885,573 297,057

ANALYSIS OFGROUP NET ASS ETS
2023
Unrestricted Restricted Total
E E
Intangible Fixed Assets 103,225 103,225
Tangible
Fixed Assets		 131,573 131,573
Investments 1 1
Net current assets 802,758 297,057 1,099,815
Long term debtors 113,940 113,940
Long term liabilities (297,221) (297,221)
Balances at 31 March 2023 854,276 297,057 1,151,333
2022
Unrestricted Restricted Total
E E
Intangible Fixed Assets 79,111 79,111
Tangible
Fixed Assets		 74,109 74,109
Investments 1 1
Net current assets 1,013,336 341,698 1,355,034
Long term debtors 361,137 361,137
Long term liabilities (451,288) (451,288)
Balances at 31 March 2022 1,076,406 341,698 1,418,104

2023 2022
E E
102,805 192,804
189,837 411,216
292,642 604,020

outlined
in t		 he funding
 agr eement:
Grant Grant
Awarded Spent
E E
Lead Partner- Homeless Link 111,992 96,021
Delivery Partner-Shelter 51,999 29,862
163,991 125,883
Breakdown for Homeless Link as Lead Partner
Grant Grant
Awarded Spent
E E
Staff costs 62,800 63,853
Beneficiary costs 30,251 19,757
Other costs 18,941 12A11
111,992 96,021
Breakdown for Shelter as Delivery Partner
Grant Grant
Awarded Spent
E E
Staff costs 42,065 17,713
Beneficiary costs 8,250 10,164
Other costs 1,684 1,985
51,999 29,862

Forthe year en ded 31 March 20 22
2022
Unrestricted Restricted Total
Funds Funds Funds
INCOME Notes
Income from charitable activities
Statutory
income		 901,786 670,776 1,572,562
Trust and Foundations 17,750 297,301 315,051
MEAM Services 125,014 571,892 696,906
In-Form 2,717,404 2,717,404
Membership
Services		 1,374,275 1,374,275
Grants Programme 4,254,693 4,254,693
Other income
Other income 538,984 538,984
Total income 5,675,213 5,794,662 11,469,875
EXPENDITURE
Expenditure
on raising		 funds
Fundraising 25,329 25,329
Expenditure
on charitable		 activities
Ending Homelessness 893,398 680,904 1,574,302
Research and Development 345,145 133,669 478,814
MEAM 143,044 590,483 733,527
In-Form 2,769,570 2,769,570
Membership
Services		 1,419,171 1,419,171
Grants Programme 4,653,522 4,653,522
Other expenditure 216,330 216,330
Tota I expenditure 9-10 5,811,987 6,058,578 11,870,565
Net movement
in funds		 for the year (136,774) (263,916) (400,690)
Reconciliation
offunds:
Total funds brought
forward		 1,213,180 605,614 1,818,794
Total funds carried forward 20 1,076,406 341,698 1,418,104