Company registration number.. 03722790
Charity r¢bTlStration number.. 1093016
Lancaster & District Homeless Action Service Limited
{A company limita by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2024
Harrison Salm(x] Associates
Chartered Accountants & Registered Auditors
Suite 21 Chorley Business &
Technology Cenir¢
East TerraL
Euxion Lane
Chorley
PR7 6TE

Lancaster & District Homeless Action Service Limited
Contents
Reference and Administrative Details
Strategic Report
Trustees, Report
Statement of Trustees, Responsibilities
Independent Examiner's Report
5t06
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
9t019

Lancaster & District Homeless Action Service Limited
Reference and Administrative Details
Trustees
Mr Mark Whiteman
Mr Lee Dudding
Mr5 Anne Allison
Mr Richard Parker Taylor
Mrs Pauline Howard
Ms Mary WThitfield (appointed l March ?024)
Secretary
Mr Lee Dudding
Principal Office
2 Aallx)rg Place
Lancaster
Lancashire
LAI IBJ
Registered Offic¢
2 Aalborg Place
Lancaster
Lancashire
LAI IBJ
The charity is Incorporat￿ in England.
03722790
Company Registration Number
Charity Registration Numbtr
1093016
Bankers
HSBC
Lancaster
35 Market Street
Lancaster
LAI IJQ
Independent Examiner
Harrison Salmon ASS￿lateS
charter￿ Accountants & Registered Auditors
Suite ? I Chorley Business &
Technology Centre
Easi Terrace
Euxton Lane
Chorley
PR7 6TE
Page I

Lancaster & District Homeless Action Service Limited
Strategic Report for the Year Ended 31 March 2024
The trustee& who are direclors for ihe purposes of compan). law. present their strategic report for ihe year ended
31 Marth ?024. in wmpliance with 5414C of the Companies Act 2006.
Financial review
Polic) on reserves
The Trustees believe that Lancaster Distrid Homeless Actions (LDFL4S) should hold financial reseTh'es
sutTicient to ensure that the charity. can conlinue to operate and meet the needs of clients should unforeseen and
potential financiall). damaging circumstances arise. Thev IKlieve designated reserves should be set aside, lo
cover contractual commitments to LDHAS staff. equipment replacement& and other foreseeable wsts, from
tim¢ to time.
The Trustee board of LDEL4S has detenninaj that unrestrithl reserves should k held that are sufficient lo
over operating ¢05ts of LDFL4S for three months. The intenti(m of this is that the majority of outstanding client
cases can be completed and closd sh￿Id LDHAS be unable to continue in operation.
The Trustee board may d￿1￿¢ from tirne to time to hold designaial reserves for specific purposes. such as
replacement of IT equipmen¢ buildings maintenancq software updates.
In addition to the provision of three months operating COS￿ unrestriLtrd funds sh(yuld be set aside for the
following purposes:
Cl￿tractUal commitment reserve ( l) - a reserve to ensure that LDFL4S is able to cover Contra￿￿j payments lo
all staff as redundancy. prol'ision of I￿￿M maternity. cover, and the costs of any disciplinary and lor grievance
procedures ithich may arise.
Contractual commitment reserve {2) - a reserve to cover Utiliti￿ Insuran￿ prem&ums equipment rental. mobile
phone contracts.
Equipment reserve - a reserve to ensure that there is sufficient money to replace equipmeni wthen it kcomes
obsolete or Ewond economic repair.
Premises reserve - a reser%'e to provide for the cost of re1c￿tIng to new. premises either at the expir), of the
current lease or if larg￿ premises are deemed necessar).. Provision for reinstatement of the currLmt site to
comply ￿ryth the obligations under the ￿￿rent lease.
D￿'elOPment reserve - a reseTr'e to allom, LDH.4S to undertake the deN'elopment of new projecls and areas of
work and to conduth full feasibility studie5 on the advisability of such proposals.
We may also wish io list restrict￿ thnds that are held to support specific projects, in particular where the project
runs kyond a )'ear end. This reseri'es policy is monitor8J and reN'iewed by the trustees annuall).. This policy
implies compliance with child and ivlnerable adult safeguarding and other project policies.
The strategic repxt was approved by the trustees of the charity on 19 September 20?4 and signal on its behalf
by:
Mr Mark Whiteman
Chainnan
Page 2

Lancaster & District Homeless Action Serviee Limited
Trustees, Report
The trusle¢s, who ar¢ directors for the purposes of company law, present the annual report together with the
financial statements of the charitable company for the year ended 31 Marth 2024.
Objeclives gnd gctivities
Public benefil
Activities undertaken to fvrther public benefit.
The truslees confirm that they have complied with the requirements of section 4 of the Charities Act 201 I to
have due regard to the public benefit guidance published by the Charity Commission for Entsland and Wales.
Structureg governance and management
Financial instruments
Objectivu andpolicies
The charity's activitie5 expose it to a number of financial risks ineluding credit risL cash flow risk and liquidity
risk. The use of financial derivaiives is governed by the charity's policies approved by the board of trustees,
which provide ￿Titten prineiplts on the use of financial derivatives to manage these risks. The charity does not
use derivative financial instruments for speculative purposes.
Cofhflow risk
The charity's activities expose it primarily to the financial risks of changes in foreign currency exchange raies
and interest rates. The charit). uses foreign exchange forward contrarts and interest rate swap contracts to hedge
these exposure5.
Interest bearing asset5 and liabilities are held at fixed rate to ensure certainty of cash flows.
Credil nsk
The charity's principal financial assets are bank balances and cash, trade and other receivables. and investments.
The charity's credit risk is primarily attributable to its trade receivables. The amounts presenled in the balance
sheet are net of allowances for doubtful receivables. An allowance for impaiment is made where there is an
identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the
cash flows.
The credit risk on liquid fvnds and derivative financial instruments is limited because the counterpartie5 are
banks with high credit-ratings assigned by Internati￿al credit-rating agencies.
The charity has no significant concentration of credil risl ￿7th exposure spread over a large number of
ounterparties and customers.
Liquidity risk
In order to main¢2in liquidity to ensure that sufficient fvnds are available for ongoing operations and fi]ture
developments. the charity uses a mixture of long-iemi and short-tenn debt finance.
Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial
statements.
The an
I report was approved by the trustees of the charity on 19 September 2024 and signed on its behalf by=
'Mr Mark Ivhiteman
Chairnian
Page 3

Lancaster & District Homeless Action Service Limited
Statement of Trustees, Responsibilities
The trustee5 (who are also the directors of Lancaster & District Homeless Action Service Limited for the
purposes of company law} are responsible for preparing the trustees, report and the financial statements in
accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice) and applicable law and regulations.
Company law require5 the trustees to prepare financial slalements for each financial year. Under company law
the trustees must not approve the financial statements unless they are satisfied thal ihey give a true and fair view
of the state of affairs Df the Charitable company and of its incoming resources and applicati(m of resources,
including its income and expenditure, for that period. In preparing these financial stalements, the trustees are
required to:
select suitable accounting policies and apply them consistently:
observe the methods and principlts in the Charities SORP.
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have Ixen followed. subjecE to any material departures
dI￿10sed and explained in the financial statements; and
prepare the financial statements on the 80ing wncern basis unless it is inappropriate to presume that the
charitable company will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficieni io show and explain the
haritable company's transactions and disclose with reasonable accuracy al any time the financial position of the
charitable company and enable them to ensure that the financial statements comply with the Companies Act
2006. They are also re5ponsibl¢ for safeguarding the assets of the charitable company and hence for taking
reasonable steps for the Preventi￿ and detection of fraud and other irregularities.
Approved by the trustees of the charity on 19 September 2094 and signed on its behalf by..
r Mark Whiteman
Chairn)an
Page 4

Lancaster & District Homeless Action Service Limited
Independent Examiner's Report to the trustees of Lancaster & District Homeless Action
se￿ICe Limited
I report on the accounts of the charity for the year ended 31 March 2024 which are set out on pages 7 to 19 .
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the
preparation of the accounts. The trustees consider that an audit Is not required for this year under section 14412)
of the Charities Act 2011 (the 2011 Act) and that an independent examinati(￿ is needed. The charitgs gross
income exceeded £250.0(M) and l am qualified to undertake the examination by being a qualified member of the
Institute of Chartered Accountants in England and Wales.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent
examination, it is my responsibility to-
examine the accounts under section 145 of the 201 l Act.
to follow the procedures laid dow) in the general Directions given by the Charity Commission under seclion
145{5)(b) of the 201 l Act. and
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examinati￿ was carried out in accordance with the general Directions given by the Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the
accounts presented with ihose records. It also includes consideration of any unusual items or disclosures in the
accounts, and seeking explanations from you as trustees concerning any such matters. The procedures
undertaken do not provide all the ei'idence that would be required in an audit and consequently no opinion is
given as lo whether ihe accounts present a 'true and fair view, and the report is limited to those matters set out
in the statement below.
Independent examiner's statement
In connection with my examination, no rnatt￿ has come to my attention:
( l) which gives me reasonable cause to believe that in any material respect the requirements=
to keep accounting records in accordance with section 386 of the Companies Act 2006. and
to prepare accounts ￿thIch accord with the accounting records. romply with the a¢¢ountin8 requirements
of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of
Recommended Practice: Accounting and Reporting by CharitiL8
have not ken met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts
to be reached.
Mrs Kathryn Mumford
charter￿ Accountants & Registered Auditors
Suite 21 Chorley Business &
Technology Centre
East Terra¢
Euxton Lane
Chorley
PR7 6TE
Page 5

Lancaster & District Homeless Action se￿ICe Limited
Independent Examiner's Report to the trustees of Lancaster & District Homeless Action
Service Limited
19 September 20?4
Page 6

Lancaster & District Homeless Action Service Limited
Statement of Financial Activities for the Year Ended 31 March 2024
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Unrestricted
funds
Restricted
funds
Total
2024
Nole
Ineome and EndowmeN¢s from:
Grants, donations and legacies
Other trading activities
131,814
58,057
191,491
323,305
58,057
Total Income
189,871
191.491
381,362
Expenditure on:
Charitable activities
96,359)
173.943)
270,30?)
Total Expenditure
(96,359)
17.3,94.3)
{?70,-302)
Net income
93,512
17,548
11,060
Net movemenl in funds
93.512
17.548
111,060
Reconciliation of funds
Total ￿ndS brought forward
474,380
?1.984
496,364
Totsl funds carried forward
16
567,892
Unrestricted
funds
39,532
Restricted
funds
607.424
Total
2023
Note
Income and Endowments from:
Grants, donations and legacies
Other trading activities
40,555
58.958
173,272
?1.3,827
58,9i8
Total Income
99,513
173,?72
27? 785
Expenditure on:
Charitable activities
{85.834)
(156,589)
(?42,423)
Total Expenditure
85,834)
{156.589)
24? 423)
Net income
16,683
30,362
Net movement in fimds
13.679
16,683
30,362
Reconciliation of funds
Total fijnds broughi forward
461,115
5,301
466,416
Ti)tsl funds carried forward
16
474,794
21,984
496,778
All of the charitys activities derive from continuing operations during the above two periods.
The funds breakdown for ?0?3 is show) in note 16.
Page 7

Lancaster & District Homeless Action Service Limited
(Registration number: 03722790)
Balance Sheet as at 31 March 2024
2024
2023
ote
Fixed assets
Tangible assets
12
333,962
334,131
Current assets
Debtors
Cash at bank and in hand
13
291
277.505
776
165.156
277,796
165,932
Creditors: Amounts falling due within one vear
14
{4,334)
Net current assets
273,462
162,?32
Net #ssets
607,424
496.363
Funds of the Charity:
Restricted funds
39,532
21,984
Unrestricted income funds
Unrestricted funds
567,892
474,)79
Total funds
16
607.4?4
496.-?63
For the financial year ending 31 March 20?4 the charity was entitled to exemption from audit under section 477
of the Companits A¢1 2006 relating to small Companies.
Directors, responsibilities=
The members have not requir¢d the charity lo obtain an audit of its accounts for the year in question in
accordance with section 476; and
The directors acknowledge their responsibilities for complying with the requirements of the Act with respe
to accounting record5 and the preparation of accounts.
These accounts have been prepara in accordance with the provisions applicable to companies subject to the
small companies regime.
The financial statements on pages 7 10 19 were approved by the trustees, and authorised for issue on 19
September 2024 and signed on their behalf by..
r Mark Whiternan
Chaimian
Page 8

Lancaster & District Homeless Action Service Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
I Charity status
The charity is a charity limit￿ by guarantee and consequently does not have share capital. Each of the trustees
is liable to wntribute an amount not excttding £ I towards the assets of the charity, in the event of liquidatfton.
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financithl statements are set oiit below.
These policies have been consistently applied to all the years presented, unless oiherwise stated.
Statement of eompliance
The financial stalements have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with ihe
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effeclive l January
2015) - {Charitie5 SORP (FRS I O?)), the Financial Reporting Standard applicable in the UK and Republic of
Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
Lancaster & District Homeless Action Service Limited meets the definition of a public benefit entity under FRS
102. Assets and liabilities are initially recognised at historical cosl or transaction value iinless other￿￿5¢ staled in
the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue a5 a going
oncern nor any si8nifi¢ant areas of uncertainty that affect the carrying value of assets held by ihe charity.
Income and endowments
All income is recognised once the charity has entitlement to the income, it is probable that the income will be
received and the amount of the income receivable can be measured reliably.
Grants receivuble
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants
have been met. Where performance conditions are attached to the grant and are yet to be meL the income is
reeognised as a liability and included on the balance sheet as deferred income to be released.
Expenditur¢
All expenditure is recognised once there is a legal or construrtive obligation to that expenditure, it is proEkible
settlement is required and the amount can be measured reliably. All costs are allocated to the applicabl¢
expenditure heading that aggregate similar costs to that category. I￿There costs cannot b¢ directly attributa to
particular headings they have been allocated on a basis consistent with the use of resources, ￿1th central staff
costs allocated on the basis of time spenL and depreciation charges allocated on the portion of the asset's use.
Other support costs are allocated based on the spread of staff cosls.
Page 9

Lancaster & District Homeless Action Service Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
Charitable activities
Charitable expenditure comprises those Costs incurred by the charity in the delivery of its activities and services
for it5 beneficiaries. li includes both costs that can be allocated directly to such activities and those costs of an
indirect nature necessary to support them.
Sllpport costs
Support costs include central fvnctions and have been allocated to a¢tivity cost ¢2tegories on a basis consistent
with the use of re5ource5, for example. allocating property costs by floor areas. or per capita, staff costs by the
time spent and other costs by their usage.
Governance costs
These include the costs attributable to the charity's Compliance with constitutional and statutory requirements,
including audiL Strategic management and trustees meetings and reimbursed expenses.
Taxation
The charity is considered to pass the tests set out in Paragraph I Schedule 6 of ihe Finance Act ?010 and
therefore it meets the definilion of a rharilable company for UK corporation tax purposes. Accordingly, the
harity, is potentially exempt from taxation in respect of income or capital gains r￿e1ved within categories
covered by Chapter J Part I l of the Corporatii)n Tax Act 2010 or Section 256 of ihe Taxati￿ of Chargeable
Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £200.00 or more are initially recorded at cost, less any subsequent accumulated
depreciation and subsequent accumulated impaiment losses.
Depreciati1￿ alld amortisatioll
Depreciati(M) is provided on tangibl¢ fixed assets so as to WTile off the cost or valuation, less any estimated
residual value, over their expected useful economic life as follow3.'
Asset class
Furniture & Fittings
DepreeiAtion metbod and rate
?OO/o Straight line basis
Researeb and development
Research and development expenditure is Mritten off as incurral.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services perfornied in the ordinary
course of business.
Trade debiors are recognised initially at the transaction price. They are Subsequently measured at amortised cost
using the effective interest method, less provision for impaimient. A provision for the impaimient of trade
debtors is established when there is objective evidence that the charity will not be able to collect all amounts due
aecording to the original terms of the receivables.
Page 10

Lancaster & District Homeless Action Service Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-terni highly liquid
investments that are readily convertible to a known amount of rash and are subject to an insignificant risk of
change in value.
Trade creditors
Trade creditors are obligalions to pay for goods or services that have been acquired in the ordinary course of
t￿sIneSS from suppliers. Accounts payable are classified as current liabilities if the charity does not have an
unconditional righL at the end of the reporting period, to defer settlement of the creditor for al least twelve
months after the reporting date. If there is an unconditifflal right to defer settlement for at least twelve months
after the reporting date. they are presented as non-curr￿t liabilities.
Trade creditors are recognised initially at the transaction price and subsequently mrasured at amortised cosl
using the effective interest method.
Borrowings
Interest-bearing Ix)rrowings are initially recorded at fair value. net of transaction costs. Interest-bearing
borromryngs are subsequently carried at amortised cost. with the difference between the proceed5. net of
transaction costs, and the 8mount due on redemption being recognised as a charge to the Statement of Financial
Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable
and similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of
the liability for at least twelve months after the reporting date.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of
the objectives of the charity.
Restricted income ￿ndS are those donated for use in a particular area or for specifi¢ purposes. the use of which
is restricted to that area or purpose.
Financial instruments
clq55ificotion
Financial assets and financial liabilities are recognised when the ¢harity becomes a party lo the ¢ontra¢tual
provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the eontractual
arrangements entered into. An equity instrument is any conlract that evidences a residual interest in the assets of
the charity after dedu¢ting all of its liabilities.
Pagell

Lancaster & District Homeless ActlOD Service Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
Recognilion and measurement
All financial assets and liabilities are initially mrdsured at transacti(￿ price (including transacti￿ costs). except
for those financial assets classified as at fair value through profit or loss, which are initially measured at fair
'alue (thich is nonnally the transact1(￿ price excluding tran5actiiJJ costs). unless the arrangement constitutes a
financing transaction. If an arrangement constitutes a financing transacti(ffl, the financial asset or financial
liability is measured at the present N'alue of the future pa)Tnents discounted at a market rate of interest for
similar debt instrument.
Financial assets and liabililies are only offset in the ststement of financial posilion ￿en. and only when there
exists a legally enforceable right to set off the rwognised amounts and the charity intenil8 either to settle on
net basis. or to realise the asset and settle the liability sirnultsneously.
Financial assets are derecognised and (￿lY when a} the contractual rights to the L¥sh flows from ihe
financial ass¢t expire or are settled. b) the charity transfers to an(*her party substantially all of the risks and
rewards of ownership of the financial asset, or c) the charity. despite having reiaind some. but nol all,
significanl risks and reM?rds of oHner5hip. has transferred control of the asset to another part)..
Financial liabililies are derecognised only when the obligation specified in the contract is dis¢hargaL can¢elled
or e.xpires.
Pag¢ l?

Lancaster & District Homeless Action Service Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
Debi ins¢ruments
Debt instrumfflts which meet the following Conditions are subsequently measured at amortised cost using the
effective interest meth(xl:
(a) The contractual return to the holder is (i) a fixed amount: (li) a positive fixed rate or a positive variable rate.
or (iii) a combination of a positive or a negative fixed rate and a positive variable rate.
(b) The contract may provide for repayments of the princtpal or the return to the holder (but not both) to be
linked to a single relevant observable index of general price inflation of the currency in which the debt
instrument is denomin8taL provided such links are not leveraged.
{c) The contract may provide for a determinable variatiffl of the return to the holder during the life of the
instrument. provided ihat (i) the new rate satisfies Conditi(￿ (a) and the variation is not contingent on future
events other than ( l ) a change of a contractual variable rate. (2} to protect the holder again51 credit deterioration
of the issuer- (3) changes in levies applied by a Central bank or arising from ¢han8es in relevant ta.xation or law.
or {ii) the new rate is a market rate of interest and satisfies condition (a).
(d) There is no contractual provisi(Trn that could. by its temis. result in the holdLT losing the principal amount or
any interest attributsblc to the current period or prior periods.
(e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holdtt to put it back to
Ihe issuer before maturity are not contingent on ￿tUre events, other than to protect the holder against the credit
deterioration of the issuer or a change in Control of the issuer. or to protect the holder or issuer against changes
in levies applied by a central bank or arising from changes in relevant taxation or law.
(t) Contractual provisions may permit the extension of the tern) of the debt instrumenL provided that the retum
to the holder and any other contractual provisions applicable during the extended tem Satisfy the conditions of
paragraph5 (a) to (c).
Debt instruments that are classified as payable or receivable within one year on initial recognition and Hthich
meet ihe above conditions are measured at the undiscounted amount of the cash or other consideration expected
lo be paid or received. net of impairment.
With the exception of some hedging instrumenLs. other debt instruments not meeting these conditions are
measured at Air value through profit or loss.
Commitments to make and receive loans which meet the conditions mentioned alx)ve are measured at cost
(which may be nil) less impaimient.
Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares
are publiclj. traded or their fair value is reliably measurable) are measured at fair value through profit or loss.
IhThere fair value Cann￿ be measured reliably, investments are measured at cost less impairment.
Investments in Subsidiaries and associates are measured at cost less impairment. For inveslments in subsidiaries
acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by
reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is
ignored.
Page 13

Lancaster & District Homeless Action Service Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
DerivalivefinaNci41 instrumenls
The charity uses derivative financial instruments to reduce exw)sur¢ lo foreign exchange risk and interest rate
movements. The charity does not hold or issue derivative financial instrumalts for speculative purposes.
Derivatives are inilially recognised ai fdir value at the dale a derivative contraQ 15 entered into and are
subsequently remeasura to their fair value ai each rewTrrting date. The resulting gain or Ioss is recognised in
statement of financial a¥1ivities immediately unless the derivative is designated and effective as a hedging
instrumenL in wthich event th¢ timing of th¢ recognitim in sthtemeni of financial actiN'ities depends on the
nature of the hedge relationship.
Fair value measurement
The kst ￿'idenCe of fair N'alue is a quoted price for an identical asset in an actiN'e market. When quoted prices
are unavailable, the price of a recent transartiffl for an iden11￿1 asset proi'ides evidence of fair ialue as long as
there has not ken a significant change in ewnomic circumstances or a signifi￿t lapse of time since ihe
transaction took place. If the market is not active and recent transarti[￿S of an identiL71 asset on their owi ar¢
not a g(Mxl estimate of fair value. the fair value is estimated ￿. ￿sing a Valuati￿ technique.
3 Income from donations and legacies
Unrestricted
funds
Restricted
funds
Tot¥l
2024
Total
2023
General
Grant% including capita] grants.
Grants from other charitits
Regular gi￿￿n8 and capital donations
191,491
231,491
89.814
173 ?72
40.555
89.814
131,814
191.491
3?).)05
?1).8?7
4 Income from other trading gctivities
Unr¢stricted
funds
Total
2024
Total
2023
Gener*1
Events income:
Other events income
Gift aid reclaimLYl
OthLT incom¢ from other trading adivities
51.085
1.634
4.338
51,085
2,634
4.338
5,625
1.232
58.057
58,057
58,958
Page 14

Lancaster & District Homeless Action Service Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
5 Expenditure on charitable activities
Unre5¢ricted
funds
Restricted
funds
Total
2024
Total
2023
General
Note
Fundraising costs
Repairs and
maintenance
Office expenses
Sundry and other costs
Travel and subsistence
Computer software and
maintenance
Advertising
Staff costs
Allocated support costs
Governance Costs
446
446
360
25,087
19.0?2
421
56
94,269
119,356
19.0?2
421
56
105,317
21,643
175
1,343
199
1,343
199
,317
42.470
851
6.464
79.674
122.144
851
6.464
106,565
715
6,?20
96.359
173,943
270.)02
242.423
Page 15

Lancaster & District Homeless Action Service Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
6 Analysis of governance aDd support eosts
Charitable activities expenditure
Unrestricted
funds
Total
2024
Total
2023
General
Support cost5
Governance Costs
851
6.464
851
6.464
715
6,?20
7.315
7.315
6.935
Governance costs
Unrestricted
funds
Totgl
2024
Total
2023
General
Staff costs
Other staff costs
Audit fees
Other fees paid to auditors
Legal fees
(hher governance costs
60
60
24
1,093
655
4.656
1.093
655
4.656
1,093
8iO
4,?53
6,464
6.464
6.?20
7 Net incomingloytgoing r¢50urce5
Nei incoming resources for ihe year in¢lude'.
2024
2023
Depreciatim of fixed assets
851
715
8 Trustees remuneration and expenses
No trustees, any persons connected with them, have received an). remuneration from the charity during the
year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
9 Staff costs
The aggregate payroll costs wer¢ as follows..
Page 16

Lancaster & District Homeless ActlOD Service Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
2024
2023
Staff eosts during the yearwere:
Wages and salaries
Pension costs
Other staff cost5
119,280
1,389
1,535
104,754
,169
666
1 ?2,204
106,589
The monthly average number of persons (including senior management team) employed by the charity during
the year expressed as full time 4uivalents was as follows-
2024
2023
Employees
No employee received emoluments of more than £60,OIX) during the year.
10 Ayditors, remuneration
2024
2023
Other fees to auditors
All other non-audit services
1,093
1.093
Page 17

Lancaster & District Homeless Action Service LRmited
Notes to the Financial Statements for the Year Ended 31 March 2024
I l T*xatioll
The charity is a registered charity and is therefore exempt from taxati¢M.
12 Tangible fixed assets
13 Debtors
2024
2023
Trade debtors
Prepayments
139
152
327
449
291
776
14 Creditors: #mount5 falling due Ivithin one year
2024
2023
Trade creditors
Other taxation and social security
Other creditors
Accruals
1.067
78?
1,080
1,074
IS Pension and other sehemes
Defjned contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents
ontributions payable by the charity to the ￿heme and amounted to £1.389 (2023 - £1,169).
16 Funds
Balance at I
April 2023
Incoming
resources
Resources
expended
Balanee at 31
March 2024
Unrestricted funds
General
{474,380)
(189,871)
96.359
(567,892)
Restricted fund5
{?1,9841
(191.491)
17i.94.3
{19,532)
Total funds
496,364)
(381,3071
?70.302
007,424)
Page 18

Lancaster & District Homeless ActlOD Service Limited
Notes to the Financial Statements for the Year Ended 31 March 2024
Balance at I
April 2022
Incoming
resources
Resouree$
expended
Balance at 31
18rch 2023
Unrestricted funds
General
(461,115)
(99.098)
85.834
(474,379)
Restricted funds
(5,301)
(173 ?7?)
156,589
{21,984)
Total funds
(466,416)
27?,370)
242,4?3
(496,363)
17 Analysis of net assets between funds
Unreslricted
funds
Restricted
funds
Genernl
Total funds
Tangible fixed assets
Current assets
Current liabiliti¢5
333,962
333,96?
277,796
(4,334)
39,532
(4,334)
Totsl net assets
567,892
39,532
607,424
18 Anal}'sis of ttet funds
At31 March
2024
At l April 2023
Cash flow
Cash at bank and in hand
165,156
112,349
277,505
Net debt
165,156
12,)49
•77.505
Page 19

Lancaster & Distrirt Homeless Action Service Limited
Notes to the Flnancial Statements for the Year Ended 31 March 2024
Balance at
01.04.23
Incoming
Outgoing
Transfer5
Balance at
30.3.24
REVENUE FUNDING
Asda Foundation
Big Lottery
Comic Relief
Forrester Family Trust
Nationwide
Sainsburys
The Talent Fund
Trusthouse
1,554.00
42,975.00
9,768.00
0.00
42,463.65
9,181.20
12,015.00
7.134.22
1,554.00
646.44
586.80
0.00
23,441.78
500.00
135.09
0.00
12,015.00
0.00
0.00
0.00
3,878.27
30,576.00
500.00
5,000.00
o.oo
5,000.00
3,878.27
CAPITAL FUNDING- AALBORG REFURBISHMENT
29th May Trust
Ardonagh Trust
BRIC
Broad Cairn Foundation
Clothworker
Garfield Weston
Lancashire County Councillors
Lancaster University
Nationwide
NFUM
Peel Trust
Rank Foundation
Screwfix
Walney Extension Community
0.00
5.000.00
0.00
450.45
10,000.00
io.000.00
s.000.110
3.500.00
450.45
25,000.00
90.00
830.00
0.00
8,000.00
5.903.51
10,000.00
2,349.50
3,106.82
20,040.00
0.00
0.00
0.00
3,500.00
25,000.00
0.00
415.00
1,000.00
17,424.00
6,443.00
io,oiJo.00
4,000.00
3,295.95
20,040.00
90.00
415.00
0.00
0.00
0.00
0.00
0.00
0.00
1,000.00
9,424.00
539.49
1,650.50
189. 13
Total P&L
21983.81 191490.95 173 942.62
0.00
39 532.14