2024-07-31-accounts

Registered Charity No. 1095284 Company No. 04479636

…………………………………………………………………………………………………………………………………………………

THE HOUSE OF GENESIS

(A company limited by guarantee and a registered charity)

…………………………………………………………………………………………………………………………………………………

TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED JULY 31st 2024

…………………………………………………………………………………………………………………………………………………

1

CONTENTS

Page Number Reference and administrative details of the charity, its trustees and advisers 3 Trustees’ Report 4-7 Independent Examiner’s Report 8 Statement of Financial Activities 9 Balance Sheet 10 Notes to the Financial Statements 11-18

2

ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS August 2023 – July 2024

Directors/Trustees: A. Lusher (Chair) M. J. Graham Dr. S. Taplin M. Cary P. Holmes Registered Company No: 04479636 Registered Charity No: 1095284 Registered Office: 6 Laundry Close Thorpe St. Andrew Norwich NR7 0XH Independent Examiner: Andrew Rose 9 Turner Close Wymondham NR18 0NP

3

TRUSTEES’ REPORT - YEAR ENDING 31[ST] JULY 2024

The Trustees, who are also Directors of the Charity for the purposes of the Companies Act, present their Annual Report and financial statements for the year ended 31st July 2024.

The Board of Trustees are satisfied with the performance of the charity during the year and consider that the charity is in a strong position to continue its activities during the coming year, and that the charity’s assets are adequate to fulfil its obligations.

STRUCTURE, GOVERNANCE & MANAGEMENT

a. CONSTITUTION

The Charity is a charitable company limited by guarantee. It was incorporated on 8th July 2002 as The House of Genesis. Registered No. 04479636.

The Company is registered with the Charity Commission, registration no. 1095284. The Company’s governing instruments are Memorandum and Articles of Association. The Trustees/Directors are shown on page 3 of this report.

b. APPOINTMENT OF TRUSTEES

In seeking new members of the Board of Trustees, the experience and qualifications of possible candidates and other interested parties are borne in mind, to ensure the best governance for the charity. The successful candidates are elected by existing trustees. The maximum number of trustees is twelve and the minimum is three, with five currently in post.

c. ORGANISATIONAL STRUCTURE

The day-to-day work of the Charity is currently staffed by one full-time employee, three part-time employees, one finance officer working on a contractual basis and with specialist support from Trustees and volunteers.

The Charity has operated from five properties, during this year: 6 Laundry Close, 3 St Williams Way, 52 Newbegin Road and 8 Prior Road, all of which are on the east side of Norwich. The property at 82 St James Close was handed back to the landlord in April 2024.The properties at Laundry Close and St Williams Way are owned by the charity, with HSBC mortgages, Newbegin Road is rented from Norwich City Council under the private sector leasing scheme and Prior Road is rented privately.

The Trustees are committed to ensuring the appropriate management structure is in place to maintain the quality and success of the service.

d. GOVERNANCE AND RISK MANAGEMENT

The Trustees are committed to a regular review of the strategic, business and operational risks which the Charity faces, with a view to ensuring that appropriate systems and procedures are in place to minimise the identified risks. There is an up to date risk register included in the Business Plan, which is subject to regular review. Trustees also conducted a review of critical issues using the “15 questions” designed by the Charity Commission for that purpose.

e. PUBLIC BENEFIT

In planning the activities, the Trustees have had regard to the guidance on public benefit issued by the Charity Commission in December 2008.

4

OBJECTIVES AND ACTIVITIES

a. POLICIES AND OBJECTIVES

The objects of the Company are to:

• promote for the benefit of the public, the rehabilitation of the homeless and ex-prisoners, and to relieve poverty by the provision of accommodation, support and advice

• advance religion for the benefit of the public in such a way that its message becomes accessible and comprehensible to those whom the Company seeks to assist.

b. ACTIVITIES FOR ACHIEVING OBJECTIVES

The work of the charity is now based within four houses where new and existing residents are welcomed and offered support, care, guidance and supervision. The Charity can now accommodate and support up to 15 men. The men are helped to address issues in their lives that may have previously led to difficulties or failures. Life skills are regularly reviewed with residents and they are encouraged to find employment, training or voluntary work in the community.

As their stay lengthens and positive self-confidence is developed, the men are encouraged to register for their own accommodation, as appropriate to each individual. The aim is that their stay at Genesis should not normally exceed one year, but the average stay is in fact around eighteen months. Many will return to visit after they have moved on. Sometimes they are seeking support, but more often are keen to demonstrate the positive progress they have made.

In common with many charities, The House of Genesis is funded through donations, grants, fees and Housing Benefits. The Charity continues to seek more long-term funding.

c. VOLUNTEERS

The Charity is grateful for the support given by volunteers over the year, including in particular the services of two Chaplains, who make their services available to all residents each week.

ACHIEVEMENTS AND PERFORMANCE

a. REVIEW OF ACTIVITIES

The House of Genesis has continued to operate in a positive and stable manner. The Board of Trustees has met quarterly, with additional meetings when required for operational reasons, and are pleased to be able to sustain the provision that Genesis is able to offer to 15 men at any one time. These are all men who have been discharged from prison or who come to us from a homeless situation.

Accommodation

• In March 2023. the landlord gave notice to the charity to vacate the property St James Close, leaving the Charity with 3 properties and able to support and accommodate 13 men.

• In February 2024 an Assured Shorthold Tenancy Agreement was made for the Charity to use a property at 8 Prior Road to accommodate an additional 2 men

• The Charity is actively seeking an additional property to rent.

• Regular redecoration and refurbishment is carried out, usually when rooms become vacant to maintain a good standard of accommodation.

• A Health and Safety audit of all properties has been carried out, which also covered fire risk and an asbestos survey. The work required has been carried out in all properties, but Health and Safety remains a regular topic at board meetings and in one-to-one discussions with the General Manager

5

• Staff and Trustees

• Staffing now consists of a full-time General Manager and three part-time support workers.

• In addition, a Finance Officer works for the Charity on a contract basis.

• Staffing is maintained at the appropriate level. The present staff provide cover on the premises during day time and occasional evening hours. On-call support is normally available at all other times.

• Two volunteer chaplains offer their services regularly to all residents, which is very much appreciated by some. Currently 6 of the residents regularly attend the local “Soul” church for services or various activities.

• The Charity now has five trustees with a variety of skills appropriate to the needs of the charity. Trustees are seeking additional members of the board.

Residents

• Referrals continue to come in on a regular basis and every vacancy has several applicants.

• Occupancy rates are closely monitored with a target of 90%, which is regularly exceeded.

• Whilst not all residents find that they are able to manage themselves with the support provided, most move on after a period with us and take up successful lives in the community.

• Finance

• The financial situation remains stable and income covers expenditure. The Business Plan and budget for the next year looks to increase the number of men we can accommodate and support, whilst maintain the present stability.

Projects

• To ensure regular review of all policies contained within the Charity’s “Staff Handbook” some are reviewed at each meeting of the board and amended or updated as necessary.

• One of the trustees took the lead in bringing professional and expert help to ensure the project meets all requirements of Health and Safety regulation and legislation. Trustees have ensured all recommendations have been completed

• The General Manager and Trustees have been developing contacts with relevant local organisations. Training courses have been shared with one organisation and referrals for residents have been obtained from another – both examples of the benefits of networking.

• The Charity’s web-site has been regularly reviewed and updated.

b. FUNDRAISING

The charity is sustainably funded. Fundraising is actively pursued for major items outside of normal running costs.

c. RESERVES POLICY

The trustees have agreed a formula to calculate a minimum level of unrestricted reserves which the Charity to aim to hold. At September the figure calculated was £54,721, which is held in full at HSBC plc. The calculation to ascertain the level of reserves and situations where they may be used is detailed in Section A7 of the Staff Handbook.

d. SERIOUS INCIDENT

There have been no serious incidents during the year reported to the Charity Commission.

e. SIGNIFICANT EVENTS SINCE THE YEAR END

There have been no significant events since the year end.

6

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The Trustees are responsible for preparing the Annual Report and the financial statements in accordance with the applicable law and regulations.

Company and charity law require the trustees to prepare financial statements for each financial year. Under that law the trustees have chosen to prepare the financial statements in accordance with the U.K. Generally Accepted Accounting Practice. The financial statements are required by law to give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing these financial statements, the trustees are required to:

• select suitable accounting policies and apply them consistently;

• observe the methods and principles in the Charities Statement of Recommended Practice (SORP);

• make judgements and estimates that are reasonable and prudent;

• state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in operation.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice; Accounting and Reporting by Charities (issued March 2005) and in accord with the special provisions of Part VII of the Companies Act 2006 relating to small entities. It was approved by the trustees and signed on their behalf by:

Alan Lusher

……………………………………. Alan Lusher, Chair of the Trustees.

Date: 24 November 2024

7

Rewt to the Tnstees of The House ot Gerbesls (A company Ilmlted by warantee and a resbtered charlty) Charlty number 1095284 Company number 0447%36 On accounts ftKthe year ended 31 Juty 2024 I report to the trustees on my examinatlon of the accounts of the above charity for the year ended 31 July 2024 Responsibilftles and basls of report As the charity trustees. you are responsible for the preparation of the accounts n accordance with the requirements of the Charities Act 2011 ("the Acf), you consider an audit is not required under sertion 144 of the Act and that an Independent examination is needed. I report in respect of my examination of the Charitvs accounts carried out under section 145 of the 2011 Act and in carryin8 Out my examination, I have followed the applicable Directions 8iven by the Charity Commission under section 14515){b) of the Act. Independ•nt Examonerfs statement My examination was carried out in accordance with general directions given by the Charity Commission. The report is limited to the matters set out in the statement below. I have completed my examlnation. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that In. any material respert: Accountin8 records were not kept in accordance with section 130 of the Act or The accounts do not accord with the accounting records I have no concerns and have come acros5 no other rnatter5 in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Andrew Rose 17 March 2025 9 Turner aose Wymondham Norfolk NR18 ONP

THE HOUSE OF GENESIS

(A company limited by guarantee and a registered charity)

STATEMENT OF FINANCIAL ACTIVITIES

(incorporating income and expenditure account) FOR YEAR ENDED 31st JULY 2024

Note INCOMING RESOURCES Incoming Resources from Generated Funds Voluntary Income 1 Investment Income 2 Incoming Resources from Charitable Activities 3 TOTAL INCOMING RESOURCES RESOURCES EXPENDED Charitable Activities 4&5 Governance Costs 6 TOTAL RESOURCES EXPENDED NET INCOME (EXPENDITURE) BEFORE TRANSFERS Transfers between Funds NET MOVEMENT IN FUNDS FOR THE YEAR Total Funds at 1st August 2023 TOTAL FUNDS AT 31st JULY 2024	Restricted Funds 2024 Unrestricted Funds 2024 £ £ 0 206,870 0 1,761 0 16,077	Total Funds 2024 £ 206,870 1,761 16,077	Total Funds 2023 £ 186,918 650 15,463
	0 224,708	224,708	203,031
	310 188,897 0 725	189,207 725	173,254 795
	310 189,622	189,932	174,049
	-310 35,086 0 0	34,776 0	28,982 0
	-310 35,086 950 487,407	34,776 488,357	28,982 459,375
	640 522,493	523,133	488,357

The notes on pages 11 to 18 form part of these financial statements.

9

THE HOUSE OF GENESIS (A company limited by guarantee and a registered charity)

BALANCE SHEET AS AT 31st JULY 2024

Note FIXED ASSETS Tangible Fixed Assets 11 CURRENT ASSETS Cash at Bank and in Hand DEBTORS Amounts Falling Payable Within One Year 12 CREDITORS Amounts Falling Due Within One Year 13 LOANS Amounts Falling Due Within One Year 13 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT ASSETS LONG TERM LOANS 14 CHARITY FUNDS 15 Unrestricted Funds Restricted Funds	2024 £ 138,294 15,620 -16,877 -9,931	£ 494,530 127,106	2023 £ 107,153 7,636 -5,675 -9,518	£ 506,048 99,596
		621,636 -98,503		605,644 -117,287
		523,133		488,357
		522,493 640		487,407 950
		523,133		488,357

For the year ended 31st July 2024, the company was entitled to the exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. Responsibilities of the trustees:

(a): The members have not required the charitable company to obtain an audit of its accounts for the year in question in

accordance with Section 476 of the Companies Act. However, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an Independent Examiner whose report forms part of this document.

(b): The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. The financial statements were approved by the trustees on 01 March 2025 and signed on their behalf by:

Alan Lusher

Alan Lusher

The notes on pages 11 to 18 form part of these financial statements.

10

THE HOUSE OF GENESIS

(A company limited by guarantee and a registered charity)

NOTES TO THE FINANCIAL STATEMENTS FOR YEAR ENDED 31 JULY 2024

1. VOLUNTARY INCOME Donations Grants Donations Grants 2. INVESTMENT INCOME Interest Income		Restricted Funds 2024 £ 0 0		Unrestricted Funds 2024 £ 2,859 204,011		Total Funds 2024 £ 2,859 204,011	Total Funds 2024 £ 2,859 204,011		Total Funds 2023 £ 13,208 173,710
		0		206,870			206,870		186,918
		Restricted Funds 2023 £ 0 0		Unrestricted Funds 2023 £ 13,208 173,710		Total Funds 2023 £ 13,208 173,710			Total Funds 2023 £
		0		186,918			186,918
		Restricted Funds 2024 £		Unrestricted Funds 2024 £		Total Funds 2024 £
		0		1,761			1,761		650

Interest Income

	Restricted Funds 2023 £	Unrestricted Funds 2023 £	Total Funds 2023 £	Total Funds 2023 £
	0	650		650

11

THE HOUSE OF GENESIS

(A company limited by guarantee and a registered charity)

NOTES TO THE FINANCIAL STATEMENTS FOR YEAR ENDED 31 JULY 2024

3. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES Rental Income Rental Income 4. DIRECT COSTS Rent/Mortgage Council Tax Insurance Utilities Property Costs and Small Equipment Household Salaries		Restricted Funds 2024 £		Unrestricted Funds 2024 £		Total Funds 2024 £	Total Funds 2024 £		Total Funds 2023 £
		0		16,077			16,077		15,463
		Restricted Funds 2023 £		Unrestricted Funds 2023 £		Total Funds 2023 £			Total Costs 2023 £ 24,570 4,558 3,089 17,282 21,747 4,119 35,836
		0		15,463			15,463
		Restricted Costs 2024 £ 0 0 0 0 0 12 0		Unrestricted Costs 2024 £ 27,628 4,235 2,002 30,029 14,638 6,511 41,722		Total Costs 2024 £ 27,628 4,235 2,002 30,029 14,638 6,523 41,722
		12		126,765			126,777		111,201

12

THE HOUSE OF GENESIS

(A company limited by guarantee and a registered charity)

NOTES TO THE FINANCIAL STATEMENTS FOR YEAR ENDED 31 JULY 2024

Rent/Mortgage Council Tax Insurance Utilities Property Costs and Small Equipment Household Salaries		Restricted Costs 2023 £ 0 0 0 0 5,292 0 0	Unrestricted Costs 2023 £ 24,570 4,558 3,089 17,282 16,455 4,119 35,836	Total Costs 2023 £ 24,570 4,558 3,089 17,282 21,747 4,119 35,836	Total Costs 2023 £ 24,570 4,558 3,089 17,282 21,747 4,119 35,836
		5,292	105,909		111,201

5. SUPPORT COSTS Motor Vehicle Costs Office Costs Other Costs Salaries Staff Other Costs Staff Training Costs Depreciation		Restricted Costs 2024 £ 56 0 242 0 0 0 0	Unrestricted Costs 2024 £ 3,851 1,013 1,644 43,424 667 15 11,518	Total Costs 2024 £ 3,907 1,013 1,886 43,424 667 15 11,518	Total Costs 2024 £ 3,907 1,013 1,886 43,424 667 15 11,518	Total Costs 2023 £ 3,943 1,251 1,874 42,069 803 1,094 11,019
		298	62,132		62,430	62,053

13

THE HOUSE OF GENESIS

(A company limited by guarantee and a registered charity)

NOTES TO THE FINANCIAL STATEMENTS FOR YEAR ENDED 31 JULY 2024

Motor Vehicle Costs Office Costs Other Costs Salaries Staff Other Costs Staff Training Costs Depreciation 6. GOVERNANCE COSTS Legal and Professional Legal and Professional		Restricted Costs 2023 £ 0 0 50 0 0 0 0		Unrestricted Costs 2023 £ 3,943 1,251 1,824 42,069 803 1,094 11,019		Total Costs 2023 £ 3,943 1,251 1,874 42,069 803 1,094 11,019	Total Costs 2023 £ 3,943 1,251 1,874 42,069 803 1,094 11,019		Total Costs 2023 £
		50		62,003			62,053
		Restricted Costs 2024 £		Unrestricted Costs 2024 £		Total Costs 2024 £
		0		725			725		795
		Restricted Costs 2023 £		Unrestricted Costs 2023 £		Total Costs 2023 £
		0		795			795

7. ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE

General Activities Governance		Staff Costs 2024 £ 85,146 0	Depreciation 2024 £ 11,518 0	Depreciation 2024 £ 11,518 0	Other Costs 2024 £ 92,543 725	Other Costs 2024 £ 92,543 725	Total Costs 2024 £ 189,207 725	Total Costs 2024 £ 189,207 725	Total Costs 2023 £ 173,254 795
		85,146		11,518		93,268		189,932	174,049

14

THE HOUSE OF GENESIS

(A company limited by guarantee and a registered charity)

NOTES TO THE FINANCIAL STATEMENTS

FOR YEAR ENDED 31 JULY 2024

8. ANALYSIS OF RESOURCES EXPENDED BY ACTIVITIES

Direct Costs 2024 £ General Activities 126,777 9. NET INCOME / (EXPENDITURE) This is stated after charging Depreciation on Tangible Fixed Assets owned by the charity Less Profit on Sale of Motor Vehicle Net Depreciation on Tangible Fixed Assets owned by the charity		Direct Costs 2024 £ 126,777		Support Costs 2024 £ 62,430		Total Costs 2024 £ 189,207	Total Costs 2024 £ 189,207		Total Costs 2023 £ 173,254
							2024 £ 11,518 0		2023 £ 11,519 -500
							11,518		11,019

During the year, no trustees received remuneration. (2023 - £0)

During the year, one trustee received a benefit in kind, being a retiring gift totalling £0. (2023 - £27) During the year, one trustee received reimbursement of motor expenses totalling £85. (2023 - £75) During the year, three members of staff received reimbursement of motor expenses totalling £523. (2023 - £266)

During the year, one volunteer received reimbursement of motor expenses totalling £1,044. (2023 - £1,138) During the year, staff members and trustees attended two meals, totalling £563. (2023 - £852)

10. STAFF COSTS Salaries The average monthly number of employees, calculated as full-time equivalents, during the year was as follows: General Manager Support Worker Administration		2024 £		2023 £
		85,146		77,905
		1.0 1.9 0.1		1.0 1.8 0.2
		3.0		3.0

No employee received remuneration amounting to more than £60,000 in either year.

15

THE HOUSE OF GENESIS

(A company limited by guarantee and a registered charity)

NOTES TO THE FINANCIAL STATEMENTS

FOR YEAR ENDED 31 JULY 2024

11. TANGIBLE FIXED ASSETS COST At 1st August 2023 Additions Disposals At 31st July 2024 DEPRECIATION At 1st August 2023 Charge for the year Disposals At 31st July 2024 NET BOOK VALUE At 1st August 2023 At 31st July 2024 12. DEBTORS Trade Debtors		Land and Buildings £ 588,393 0 0		Motor Vehicles £ 2,500 0 0		Furniture, Fittings and Equipment £ 8,145 0 0	Furniture, Fittings and Equipment £ 8,145 0 0		Total £ 599,038 0 0
		588,393		2,500			8,145		599,038
		85,453 9,244 0		833 833 0			6,704 1,441 0		92,990 11,518 0
		94,697		1,666			8,145		104,508
		502,940		1,667			1,441		506,048
		493,696		834			0		494,530
							2024 £		2023 £
							15,620		7,636

16

THE HOUSE OF GENESIS

(A company limited by guarantee and a registered charity)

NOTES TO THE FINANCIAL STATEMENTS FOR YEAR ENDED 31 JULY 2024

13. CREDITORS: Amounts Falling Due Within One Year Trade Creditors Residents' Savings Mortgage - St. Williams Way, Norwich Business Loan		2024 £ 7,006 9,871 2,232 7,699	2023 £ 5,675 0 2,102 7,416
		26,808	15,193

14. LONG TERM LOANS

Mortgage - St. Williams Way, Norwich Business Loan

	2024 £ 77,108 21,395	2023 £ 88,150 29,137
	98,503	117,287

The bank loan is secured by a mortgage on the property.

15. STATEMENTS OF FUNDS SUMMARY OF FUNDS Year Ended 2024 Unrestricted Funds Restricted Funds		Brought Forward £ 487,407 950	Incoming Resources £ 224,708 0	Resources Expended £ 189,622 310	Transfers £ 0 0	Carried Forward £ 522,493 640
		488,357	224,708	189,932	0	523,133

Year Ended 2023 Unrestricted Funds Restricted Funds		Brought Forward £ 452,083 7,292	Incoming Resources £ 203,031 0	Resources Expended £ 168,707 5,342	Transfers £ 1,000 -1,000	Carried Forward £ 487,407 950
		459,375	203,031	174,049	0	488,357

17

THE HOUSE OF GENESIS

(A company limited by guarantee and a registered charity)

NOTES TO THE FINANCIAL STATEMENTS

FOR YEAR ENDED 31 JULY 2024

16. ANALYSIS OF NET ASSETS BETWEEN FUNDS Tangible Fixed Assets Long Term Loans Current Assets Creditors Due Within One Year Loans Due Within One Year Debtors Due Within One Year		Restricted Funds 2024 £ 0 0 640 0 0 0	Unrestricted Funds 2024 £ 494,530 -98,503 137,654 -16,877 -9,931 15,620	Total Funds 2024 Total Funds 2023 £ £ 494,530 506,048 -98,503 -117,287 138,294 107,153 -16,877 -5,675 -9,931 -9,518 15,620 7,636	Total Funds 2024 Total Funds 2023 £ £ 494,530 506,048 -98,503 -117,287 138,294 107,153 -16,877 -5,675 -9,931 -9,518 15,620 7,636
		640	522,493		523,133 488,357

Tangible Fixed Assets Long Term Loans Current Assets Creditors Due Within One Year Loans Due Within One Year Debtors Due Within One Year		Restricted Funds 2023 £ 0 0 950 0 0 0	Unrestricted Funds 2023 £ 506,048 -117,287 106,203 -5,675 -9,518 7,636	Total Funds 2023 £ 506,048 -117,287 107,153 -5,675 -9,518 7,636
		950	487,407	488,357

17. CONTINGENT LIABILITIES

There are no contingent liabilities that need noting.

18