Reglstered number.. 04479636 Charlty number.. 1095284 THE HOUSE OF GENESIS (A Company Llmited by Guarantee) UNAUDITED TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
THE HOUSE OF GENESIS {A Company Llmlted by Guarantee) CONTENTS Page Reference and Administratlve Detalls ot the Charlty, its Trustees and Advlsers Trustees, Report Independent Examlnerfs Report Statement of Fin?ncial Activities Balance Sheet 9-10 Notes to the Flnan¢lal Statements
THE HOUSE OF GENESIS IA Company Llmlted by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 JULY 2025 Tru$lees A Lusher, Chair M Cary R Gronk lappoinled 2 December 20241 M J Graham Iresigned 31 Decemb8r 20251 C Hill (appointed l March 20251 P Holmes Iresigned 2 December 20241 Dr S Taplin Company veglstered number 04479636 Charity reglstered number 1095284 Reglslered of11¢6 6 Laundry Close Thorpe Sl Andrew Norwich Norlolk NR7 OXH Accountants BW Audit Ltd Chartered Accountants Berry & Warren 54 Thorpe Road Norwich NR1 1RY Page 1
THE HOUSE OF GENESIS {A Company Llmlled by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 JULY 2025 The Trustees present their annual report logelh&r with the financial statements of the charliy for the year 1 August 2024 to 31 July 2025. The Annual Repoil selves the purposes ol both a Trustees, reporl and a direclo¥s' report under company law. The Trustees confirm Ihal the Annual Reporl and financlal slalemenls of the charitable company comply with the current statutory requir8menls, the requirements ol the charitable company's governing document and the provisions ol the Statement ol Recornmended Practice ISORPI applicable lo charities pr8paring their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS1021 lell&clive l January 20191. Since the charity qualifies as small under section 382 01 the Companies Act 2006, the Strategic Report required ol medium and large companies under the Companies Act 2006 Islralegic Rgporl and Directors. RgPOrtI RUlationS 2013 has been omitted. Oblectlves and aclivitie8 Poll¢le$ and oblectlves The objects ol the Company arg 10.. promote lor the benefit ol the public, the rehabilitation ol the hotneless and ex-prisoners, and lo relieve poverty by the provision ol accommodation, support and advice advanGe religion lor the bènefit ol the public in such a way that its message becomes accessible and comprehensible lo those whom the Company seeks lo assist. In setting objeclivgs and planning lor activities, the Trustees have given clue consideration to general guidance published by the Charity Commission relating to PLJblic benefit, including the guidance 'PubliG benefit.. running a charity IPB21'. b. Activities undertaken to aehleve objectlves The work ol the charity Is now based within live houses where new and existing residents are welcomed and ollered support, care, guidance and supervision. The Charity can now accommodate and support up lo 20 men. The men are helped to addrèss issues in their lives that may have previously led lu dillicullies or failures. Life skills are regularly reviewed with residents and they are oncouraged to lind employment, training or voluntary work in the community. As their slay lengthens and positive sell-conlidence is doveloped, tho men are encouraged lo register lor their own accommodation, as appropriate lo each individual. The aim is thai their slay al Genesis should not normalty exceed Iwo years, bul the avorage slay is in lacl around eighteen months. Many will return lo visit aller they have moved on. Sometimes they are seeking support, bul more ollen are keen lo demonstrate the posilivÈ progress they have made. In common with many charities, The House ol Genesis is funded through donations, grants, leès and Housing 8enelil. The Gharily continues lo seek moro long-lerm funding. c. Volunteers Thè Charity is gra161LJI lor the support given by volunteers over the year, including in parliGular the services ol a Chaplain, who makes his services available lo all residents each week. Page 2
THE HOUSE OF GENESIS {A Company Llmlied by Guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 JULY 2025 Achlevements and performance a. Revlew of actlvltles The House ol Genèsis has continued lo operate in a positive and stable manner. The Board ol Trustees continues lo meet quarleTly. with additional meetings when ¥equired lor operational reasons, and are pleased lo be able to sustain the provision that Genesis is able to offer lo 20 male clients al any one time. These are all men who have been distthargèd from prison or who come to us from a homèless silualion. A¢¢ommodatlon In February 2025 an AssLJrèd Shorthold Tenancy Agreement was made lor the Charily 10 use a Property al 28 Chipperlield Road to accommodate an additional 4 clients. The Charity is not curiently planning lo expand further. Regular redecoration and refurbishment is carried oui, usually when rooms become vacant to maintain a good slandard of accotnrnodalion. A lire risk audit ol all propertiès is underway, with reports expected shortly into the new financial year. Health and Salely checks ol all properties are carried out regula¥ly. Health and Safely remains a regular topic al board meetings and in one-to-one discussions with the General Manager. The council have ¢hanged their decision about the need lor the Laundry Glose properly lo be designaled as a licenced House of Multiple Occupation" IHMO) following advice from Broadland Council. An application is now in progress. Slaff and Trustees Stalling now conslsts ol a lull-time General Manager and four part-lime support workers. In addiiion, a Finance Ollicar works for the Charity on a conlraci basis. Stalling is maintained al the appropriate level. The present stall provide some cover on the premises during day Ilme and occasional evening hours. On-call supporl is normally available at all other limes. A volLJnleer chaplain ollers hls services regularly lo all residents, which is very much appreciated by some. Currently 6 of the residents regularly allend the local 'Soul' church for services or various acllvilies. The chLtrch also supplies a volunteer worker who regularly spend5 lime with residents. The Charity now has six trustees with a variety ol skills appropriate lo the needs ol the charity. Trustees are seeking additional members ol the board. Residents Referrals continue 10 come in on a regular basis and every vacancy has several applicants. Occupancy rates are closely monitored with a largel 01900/0. which is regularly extteeded. Whilst not all residonls lind that Ih8y are able to rnanage themselves with the support provided. most move on aller a period with us and lake up suecesslul lives in the community. Finance The Ilnancial situation remains stable and income covers expenditure. However, the charity was nolilied by Norfolk CoLJnly Council that grant housing related support funding would end in 2025. The Business Plan and budget lor the next year looks lo maintain the present siabiliiy. Projects To ensure regular review of all policies contained within the Charity's "Staff Handbook. some are reviewed at each meeting ol the board and amended or updated as necessary. One ol the Iruslees has taken the lead in bringing professional and expert help lo ensure the project meels all requirements ol Heaiih and Safety regulalion and legislation. Trusteès have committed lo ensure that all recommendations are aclivaled. Page 3
THE HOUSE OF GENESIS IA Company Limited by Guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 JULY 2025 Achievements and performance (continued} The General Manager and Trustees have been dgveloping contacts with relevanl local organisalions. Training courses have been shared and referrals for iesldents have been obtained - both examples of the benefits of networking. The Charity's web-site has baen regularly reviewed and updated, b. Fundraising actlvltles and In¢ome generation The charity is sustainably funded, although the housing related support grant from Norfolk County Council which has contributed £23:600 annually, around 10°/o of the Charity's income, has ceased. Fundraising is actively pursued lor major items outside ol normal running costs. Flnan¢lal review . Going concern Alter making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequale resources lo continue in operallonal existence lor the loreseeable lulure. For this reason. they continue lo adopt the going conc&rn basis in preparing the linancial slalemenls. Further details regarding the adoption ol the going concern basis can be IoLJnd in the accounting policies. b. Reserves pollcy The lyuslees have agreed a formula to calculate a minimLtm level ol unrestricted reserves which the Charity to aim lo hold. Al yoar ond the figure calculated was £52,767, which is held in lull at HSBC pl¢. Unreslricled Charity funds at year end amounted lo £569,117. A lurlhgr £550 is held in reslricled funds. The calculation lo asc&rtain the level ol reserves and situations where they may be used is detailed in Secllon A7 01 the Stall Handbook. Structure, governance and management a. Constltutlon The Charity is a charitable company limited by guarantee. 11 was inco¥poraied on 8th July 2002 as The Hou$e ol Genesis. Registered No. 04479636. The Company is registered with the Gharily Gommission, iegistration no. 1095284. The Company's governing instruments ale Memorandum and Articles of Association. The TrusieeslDireclors are shown on the reference and admiiiislralive details page ol this report. b. Methods of appointmeni or electlon of Trustees Thè management ol the charity is the responsibility ol the TrLJslees who ale elected and co-opted under the terms ol the Trust de&d. Pago 4
THE HOUSE OF GENESIS IA Company Llmlted by Gugr8nteel TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 JULY 2025 Structure, governance and management Icontlnuedl c. Organlsational structure and declslon-making policies Tho day-lo-day work of the Chamly is currently stalled by one lull-time employee, four parl-lime employee5, one finance officer working on a contractual basis and with specialist support from Iruslees and volunteers. The Charity has op&raled from live properties, during this year: 6 Laundry Close, 3 Sl Williams Way, 52 Newbegin Road. 28 Chipperfield Road and 8 Prior Road, all ol which are on the east side ol Norwich. Th6 properties at Laundry Close and Si Williams Way are owned by the charity, with HSBC mortgages, Newbegin Road is renied from Norwich City Council under the private sector leasing scheme. Chipperlield Road and Prior Road are rented plivately. The Trustees are commilled lo ensuring the approp¥iale management structure is in place lo maintain the quality and success ol the service. d. Policles adopted for the Inductlon and Iralnlng of Trustees In seèking new members ol the Board ol Trustees, the experience and qualilicalions ol possible candidates and other inteleslod partles are t)orne in mind, lo ensure the best governance for the charity. The SucsSIu1 candidates are elected by existing trustees. The maximum number ol IrLASt&es Is twelve and the minimum is Ih¥ee, with six Gurrenlly in post. e. Governan¢e and risk managemonl The Trustees are comrnilled to a regular review of the slral8gic, business and operational rlsks which the Charity laces, with a view lo ensuring that appropriate syslems and proceduTes are in place lo minimise the identified risks. There is an up-lo-dale risk register inclL¢ded in the Business Plan, which is subj$ct lo regular review. Trustees also Conducted a review of critical issues using the 75 quesb'ons" designed by the Charity Commission lor ihal purpose. Page 5
THE HOUSE OF GENESIS {A Company Llmlted by Guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 JULY 2025 Statement of Tru$tees' r¢$ponslbllltles The Trustees (who are also the dlreeiors ol the charlly lor the purposes ol company lawl arg responsible lor preparing the Trustees, Repo¥l and the financial slalements in accordancè with applicable law and United Kingdom Accounting Standards (United Kingdom G&ne¥ally Accepted Accounting Praclicel. Company law requires the Trustees to prepare financial siatomenls lor each financial year. Under company law, the Trustees musl not approve the linancial slalemenls unless they are satisfied that they give a true and lair view ol the slate ol allairs ol the charity and ol ils incoming resources and application ol resouices, including ils income and expenditure, lor that pèriod. In preparing these financial slalemenls, the Trustees are required lo.. selecl suitable accounting policies and then apply Ih8m consislenlly., observe Ihe methods and principles ol the Charities SORP IFRS 1021., make judgments and a¢coLJniing estimates that a¥e reasonable and prudent., slate whether applicable UK Accounting Standards IFRS 1021 have been lolloyved, subject lo any material departures disclosed and explained in the financial statements., prepare the financial slalements on the going concern basis unless it is inappropriate lo presumo that the ¢harily will continue in business. The Trusle8s are responsible loy keeping adequate accounting records that are sullicient to show and explain the charity's transactions and disclose with ieasonable accuracy al any lime the financial position ol the charity and enable them to ensure that the financial stalemenls comply with the Gompanies Act 2006. They are also responsible lor safeguarding the assets ol the charity and hence lor taking reasonable steps lor the preventior¢ and detection of fraud and other irregularities. Approved by order ol the members ol the board of Trustees and signed on their behalf by.. A Lusher Trustee Dale.. 23 April 2026 Page 6
THE HOUSE OF GENESIS IA Company Limited by Guaranlee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 JULY 2025 Independent Examlner's Reporl to the Trustees of The House of Genesls I'the charlty'l I report lo the charity Truslees on my examination ol the accounts ol Ihe charity lor the year ended 31 July 2025. Responslbllllles and Basi$ of Report As the Trustees ol the charity land its directors for the purposes ol company lawl you are responsible lor the preparation of the accounts in accordance Nvilh the requirements ol the Companies Act 2006 Ilhe 2006 Acl'l. Having satisfied myself that Ihe accounts of the charity are not required to be audited under Parl 16 01 the 2006 Aci and are eligible lor independent 8xaminalion, I report in respect ol my examination ol the charity's accounts carried out under section 145 01 the Gharities Act 2011 I'lhe 2011 Acl'l. In carrying out my examination I have followed tho Dire¢tlons given by the Charily Gommission under section 14515llbl of the 2011 Act. Independent Examlner's Statement Since Ihe charity's gross income exceeded £250,000 your examiner rnust be a member ol a body listed in section 145 01 the 2011 Act. I conllrm that l am qualified lo undertake the examinallon bècause l am a member ol Inslilule ol Chartered Accountants in England and Wales, which is one ol the listed bodies. I have compleled my exarnination. I conlirrn that no matters have come lo my allention in conn&clion with the examination giving me cause lo b81iev8'. accounting records were nol kept in respect ol the charity as required by section 386 01 the 2006 Aol.. or the accounts do nol accord with those records., or the accounts do not comply with the accounting requirements ol soeilon 396 01 Ihe 2006 Act other than any requirement Ihal the accounts give a true and lair, view which is not a matter considered as parl ol an independ&nl examination., or the accoLJnls have not been prepared In accordance wllh the melhods and principles ol the Statement of Recommended Practice lor accounting and reporting by charities lapplicabl8 lo charities preparing Iheif accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 10211- I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in older to enabl? a proper understanding ol the accourkls lo be reached. This rewrl is made solely to the charity's Trus18&s, as a body, in aGGordance wlth Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been underlaken so that I might stale to the charity's Trustees Ihose mallers l am Tequired lo stale to them in an Independent Examiner's Report 2nd lor no other purpose. To the lullesl exlenl permiiied by law, I do not accept or assume responsibility lo anyone oth8r than the charity and the charily's Trustees as a body, lor my work or lor this report. Signed: Dated= 23 April 2026 Joanne Fox BA FCA BW Audlt Ltd Char16red Accountants Ber¥y & Warren 54 Thorpe Road Norwich NR1 1RY Page 7
TPIE HOUSE OF GENESIS {A Company Limited by Guaranleel STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 JULY 2025 Unrestylcled funds 2025 Reslrlcted funds 2025 Total lunds 2025 Tolal luncls 2024 Note Income from- Donations and legacies Charitable activities Investments 245.641 16,594 2,227 245,641 16,594 2,227 206,870 16,077 1,761 Total Income 264,462 264,462 224, 708 Expendlture on: Charitablg a¢livilies 217,838 90 217,928 189,932 Tolal expendlture 217,838 90 217,928 189,932 Net movement in funds 46,624 190} 46,534 34, 776 Reconciliation of funds: Total funds brought forward Nel movement in funds 522,493 46,624 640 523,133 46.534 488,357 34, 776 1901 Total funds carrled loyward 569,117 550 569,667 523, 133 The Slalement o* Financial Aotivilies inGludes all gains and losses recognised in the year. The notes on pages 1110 23 lorm parl ol Ihese financial slalemenls. Page 8
THE HOUSE OF GENESIS IA Company Llmlied by Guarantee} REGISTERED NUMBER: 04479636 BALANCE SHEET AS AT 31 JULY 2025 2025 2024 Note Flxed assets Tangible assets 493,868 494,530 493,868 494,530 Current a5S8ts Debtors Cash al bank and in hand 12 16,567 160,243 15,620 138,294 176,810 153,914 Current Ilablllll•s Creditors.. amounts falling due within one year 13 {20,6091 (26,808) Net Current #sset$ 156,201 127. 106 Total assets less current liabilitles 650,069 621.636 Creditors: amounts falling due aller more than one year 180.402} (98,503) Total nel assets 569,667 523. 133 Charity funds Reslricled funds 15 550 64 Unrostiicled lund8 15 569,117 522,493 Total funds 569,667 523. 153 Page 9
THE HOUSE OF GENESIS IA Company Llmlted by GLEaranleel REGISTERED NUMBER: 04479636 BALANCE SHEET ICONTINUEDI AS AT 31 JULY 2025 The charity was entitled to exemption liom audit under section 477 01 the Companies Act 2006. The members have not iequi¥ed the company lo obtain an audit lor the year in question in accordance with section 476 01 Gompanies Act 2006. The TrLtslees acknowledge their responsibilities for cornplying with the requirements ol the Act with respect lo accounting records and preparation ol linanoial slatemenls. The financial statements have been prepared in accordance wilh the provisions appli¢able lo enlilies subje¢l lo the small companies regime. The linanci I statements were approved and aulhorised lor issue by the Trustees and signed on their behalf by.. A Lusher Truste& Dale.. 23 April 2026 The notes on pages 1110 23 form part ol these financial slatemenls. Pag2 10
THE HOUSE OF GENESIS IA Company Limiled by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 General Information The House ol Genesis is a registered company1044796361, limited by guarante6 incolporaled in England and Wales. The companies is also a charity, registered with the Charity Commission 110952841. The rogislered ollice is 6 Laundry Close. Norwich NR7 OXH. A¢¢ountlng pollcles 2.1 Basls ot preparatlon ot financlal statements The financial slatèmenls have been prepared in accordance with the Charities SORP IFRS 1021 Accounting and Reporting by Gharilies-. Statement ol Recommended PraclicÈ applicable lo charili&s preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 lelleclive 1 January 20191, the Financial Reportlng Standard applicabSe in th& UK and Republic ol Ireland IFRS 1021 and the Companies Acl 2006. The House ol Genesis meets the d8linilion ol a public benelil entity under FRS 102. Assets and liabilities are initially Te¢ognisèd al historical cost or tran5a¢lion value unless otherwise slated in the relevant accounling policy. 2.2 Income All income is recogn,'sed on¢e the charity has onlillemenl lo the income, it is probable that the income will be received and the amount ol income rec8ivable can be measured roliably. G¥anls are included in the Slalemenl ol Financial Activities on a recoivable basis. The balance ol income received lor specifi¢ purposes but not expended during the period is shown in the relgvanl funds on tho Balance Sheet. Where income is iec&ived in advance ol enlillemenl ol receipt, its recognition is deferred and included in creditors as delerred incorne. Where enlitlemenl occurs before income is receiv8d, the inwme is acciued. Income tax recoverable in relation lo inveslfflent incom8 is recognised at the lime th6 investment IricDme is re¢eivable. 2.3 Expenditure Expenditure is recognised on an accruals basis once there is a legal or conslruclive obligation to transfer economic benefit lo a third party, il is probable that a transfer ol economic benefi18 will be required in settlement and the amovnl ol the obligation can be measured reliably. ExpenditLJrÈ is classified by activity. The costs ol each a¢livity are Inade up ol the lolal ol direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs allribuiable lo a singl8 aclivily are allocated directly to that activity. Shared costs which conlribule lo more than one activity and support ¢osis which are not allribulable to a single activity arè apportioned between those activities on a basis ¢onsislenl with Ihe use ol resources. Central staff costs are allocated on the basis of lime spent, and depreciation charges allocated on the portion of the asset's use. Expenditure cin charitable activities is incurred on directly undertaking the activities which further the charills objectives, as well as any associated suworl costs. All expenditure is Inclusive ol irrecoveyable VAT. Pag8 11
THE HOUSE OF GENESIS IA Company Llmited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Accounllng pollcies Icontinuedl 2.4 Interest recelvable Interest on lunds held on deposit is includod when receivable and the amount can be measured reliably by the charity., this is normally upon notification ol Ihe interest paid or payablè by the institution with whom the funds are deposited. 2.5 Tangible flxed assets and depreclatlon Tangible fixed assets C08ting £1 OQ or more are capilalised and recognised when lulure economic enefits are probable and the cost or value ol the asset can be measured r&liably. Tangible fixed assets are initially recognised al cost. Aller recognition, under the cost modtrl, tangible fixed assets are measured al cost less accumulated depreciation and any accumulated impairment losses. All costs incurred lo bring a tangible fixed asset into ils inlended working condition should be Included in thè measurement ol cost. Depreciation is charged so as lo allocate the cost ol tangible fixed assets less their residual value over their eslimaled useful lives. Depreciation is provided on the lollowiftg basis.. Freehold property Motor vehicles Fixtures and liltings 2 /0 slraighl line 33°/D Straight line 50°ID slraighl line 2.6 Debtors Trad6 and other debtors are rocognised al the selllemenl amount aller any trade discount ollered. Prepaymenls are valued al th& amount prppaid nel ol any trade discoun18 dLJe. 2.7 Cash at bank and In hand Cash al bank and in hand includes cash and shorl-lerm highly liquid investments with a shoil maturity ol Ihree months or less from the date ol acquisilion or opening ol the deposit or similar accoLJnt. 2.8 Llabllities and pyovlslons Liabilities are recognised when there is an obligation al the Balance Sheet dal& as a result ol a past event, it is probable that a Iransler ol economic benefit will be required in selllemenl. and the amDuni ol the selllement can bè ostimaled reliably. Liabilities are recognigèd ai the amount that the charity anticipates il will pay lo sellle the debt or the amount it has received ag advanced payments lor the goods or services il musl provide. Provisions are measured at the best estimate of the amounts required to s2111e the obligation. Where the ellocl ol the time value ol money is material, the provision is based on the present value ol those amounls, discounted at the pre-tax discount rale that rellecls the risks specilic lo the liability. The unwinding ol the discount is recognised in the Sialemenl ol Financial Activities as a finance cost_ Paoe 12
THE HOUSE OF GENESIS IA Company Limlled by Guaranieel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Accountlng policies Iconlinuedl 2.9 Finan¢lal In8trumentS The chayity only has financial assets and linancial liabilities ol a kind that qttsalily as basic financial inslrumenls. Basic financial instruments are initially recognised at transaction value and subsequently rtieasured al their selllem8nl value with the exception of bank loans which are subsequently measured al amorlised cost using the ell8clive interest method. 2.10 Fund accounting Geneial funds are unrestricted funds which are available lor use al the discretion ol the Trustees in lurlherance ol the general objectives ol the charity and which have not been designated lor other purposes. Reslricled funds are funds which are lo be Ljsed in accordance with specific reslricliorns imposed by donors or which have been raised by lh8 charity lor particular purposes. The costs ol raising and administering such funds are charged against the spe¢ilic fund. The aim and use ol each reslricled fund is sel out in the notes lo the Ilnancial slalements. Investment income, gains and losses are allocated lo the appropriate fund. In¢ome from donationy and legacies Unrestrl¢ted funds 2025 Total lunds 2025 Donations Grants Similar incoming resou¥c8S 3,744 241,748 149 3.744 241,748 149 245,641 245,641 Unrestricled lunds 2024 Tolai funds 2024 Donations Grants 2,859 204,OYI 2,859 2f)4,011 206.870 206.870 Page 13
THE HOUSE OF GENESIS IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Income from chayltable activltles Unyeslrlcted funds 2025 Tolal funds 2025 Rental income 16.594 16.594 Unrestricted funds 2024 Total lunds 2024 Rental income 16.077 76.07? Investment Income Uniestrlcled funds 2025 Total lund$ 2025 Interest income 2,227 2,227 UniesiKioteO funds 2024 Total lunds 2024 Interest income 1, 761 1, 761 Pag& 14
THE HOUSE OF GENESIS IA Company Limited by Guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Analysls of expenditure on charitable actlvltles Summary by fund type Unre8trl¢l¢d funds 2025 Restrlcled lunds 2025 Tolal 2025 General activities 217,838 90 217,928 Unrestricted lunds 2024 Restricte6 funds 2024 Total 2024 General activities 189,634 298 189,932 Analysls of expendlture by actlvltles A¢tlvltlg$ undertaken dlrèelly 2025 Support Costs 2025 Total fund$ 2025 General activities 141,596 76,332 217,928 Activities undertaken direcily 2024 Supporl costs 2024 Total unds 2024 General activities 126, 777 63, 155 189,932 Page 15
THE HOUSE OF GENESIS IA Company Llmlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Analysls ol expenditure by actlvltles leontlnuedl Analysis of direct cosls General acllvilles 2025 Total funds 2025 Stall costs Rent Council lax Insurance 42,827 33,863 5,415 3,129 27.632 14,273 7,345 7,112 42,827 33,863 5.415 3,129 27,632 14,273 7,345 7,112 Properly costs and small equipm6nl Household Loan Interest 141,596 141,596 G6nerai activities 2024 Total funds 2024 Slafl costs Rent 41,722 18, 766 4,235 2,002 30,029 14,638 6,523 8,862 47,722 18,766 4,235 2,002 30,029 14,638 6,525 8,862 Council tax Insurance Properly costs and small equipment Household Loan interest 126. 777 126, 777 Page 16
THE HOUSE OF GENESIS IA Company Llmlled by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Analysis of expendlture by 8ctivltles Icontlnued Analysls ot support costs General actlvltles 2025 Tolal funds 2025 Stall costs Depreciation Motor vehicle costs Ollice costs Stall other costs Other costs Professional lees Indepèndenl examiner's loes 46,396 19,495 3,154 1,782 1,023 1,867 1,235 1.380 46,396 19,495 3,154 1,782 1,023 1,867 1,235 1.380 76,332 76,332 General activities 2024 Total funds 2024 Stall costs 43,424 11.518 3,907 1,013 667 43,424 11,518 3,907 I,OY3 667 Depreciation Motor vehicle cosls Ollice costs Stall other costs Stall Iralnlng costs Other costs Prolossional lees 15 15 1,886 725 1,886 725 63,155 63, 155 Paga 17
THE HOUSE OF GENESIS {A Company Limlted by Guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Independent examlner's remuneration 2025 2024 Fees payable lo Ihe charity's independent examiner lor the independent examination DI the charity's annual accounls 1,380 Statt costs 2025 2024 Wages and salaries 89,223 85.146 89,223 85,146 The av&rage number of persons employed by the charity during the year was as follows.. 2025 2024 No. Siall The average hoadcounl expressed as lull-lime equivalents was.. 2025 No. 2024 No. General manager Supptsrl worker Adminislralion No employee rècelved remunelalion amounting lo more than £60,000 in either year. 10. Truslees. remunerallon and expenses During the year, no Trustees roceived any remuneration or other benefits (2024 £NIL). During the year ended 31 July 2025, expenses loialling £84 were reimbursed or paid directly to 1 Trustee (2024 - £65 10 Y Trustee) lor rllolor exp&nses. Page 18
THE HOUSE OF GENESIS {A Company Limlted by Guar8nteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 11. Tanglble flxed asset$ Freehold property Motor Flxtures and vehlcles 1Sttlngs Tolal Cost or valuation Al 1 August 2024 Additions 588,393 2,500 ,145 18.833 599,038 18,833 Al 31 July 2D25 588,393 2,500 26,978 617.871 D¢pre¢latlon Al 1 August 2024 Charge lor the year 94,697 9,244 1,666 834 8.145 9,417 104,508 19,495 Al 31 July 2025 103,941 2,500 17,562 124,003 Net book value Al 31 July 2025 484.452 9,416 493,868 Al 31 July2024 493,696 854 494,530 Included within freghold properly is land lolallino £126,197 (2024 £126, 197) which is not depreciated. 12. Debtors 2025 2024 Residents, shoyl term loans Prepaymenls and accrLthed income 67 16,500 15,620 16,567 15,620 Page 19
THE HOUSE OF GENESIS IA Company Llmiled by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 13. Cyedltors: Amount$ talllng due wlthln one year 2025 2024 Business loan Mortgage - St Williams Way, NorwiGh Rosidenls, savings Accruals and deferred income 8,012 1.875 2,290 8,432 7,899 2.232 9,871 7,006 20,609 26,808 14. Ciedltor$: Amounts falllng due after morg than one year 2025 2024 Business loan Mortgage- St Williams Way, Norwich 67,060 13,342 77,108 21.395 80,402 98,503 The mortgage is socured on the property. Page 20
THE HOUSE OF GENESIS IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Statement of funds Statement of funds- current year Balance at 1 Augusl 2024 Balance at Income Expendlture 31 July 2025 Unrestrlcted funds General Funds 522,493 264.462 1217,8381 569.117 Restrlcted funds Reslricted Fund 640 1901 550 Total of lunds 523,133 264,462 1217,9281 569,667 statement ol funds- prlor year Balance al l Augusl 2023 Balance al Income Expenditure 31 July 2024 Unr851rlcted lunds Gen8ral Funds 487,407 224,708 (189.622) 522,493 Restri¢ted funds Reslricled Fund 950 f310) 640 Total ot funds 488,357 224, 708 (189,932) 523, 133 Page 21
THE HOUSE OF GENESIS IA Company Llmited by Guayaniee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 16. Analysls of net assets between funds Analysis of net assets between funds - current year Unreslrlcied funds 2025 Restrlcled funds 2025 Tolpl funds 2025 Tangible fixed assels Current assets Creditors due within one year Creditors due in mole than one yeai 493,868 176,260 120,6091 180,4021 493,868 176,810 120,6091 180,4021 550 Total 569,117 550 569,667 Analys1$ of net assets between funds- prior year Unreslricteo lunds 2024 ReslriGteO funds 2024 Total lunds 2024 Tangible fixed assets Current assets Creditor5 due within one year Creditors due in more than one year 494,53tl 153,274 (26,808) (98,503) 494,530 153,914 (26,808) f98.503J 640 Tolal 522,493 640 523, 133 17. Operating lease commitments Al 31 July 2025 the charity had commitments to make lulure mlnlmum lease payments under non- cancellable operating leases as follows.. 2025 2024 Not later than 1 year Later than 1 year alld not later than 5 years Later than 5 years 14,976 14,976 6,210 14,976 14,976 21.216 36,192 51, 168 Page 22
THE HOUSE OF GENESIS {A Company Llmlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 18. Related party transactlons During the year, Mrs D Cfonk, wile ol R Cronk, received payments for secrelarial services provided. The amount received since the dale he becamo a Trustee lolalled £310. Page 23