Company registratt￿ number. 04687832 Charty registratitin number. 1097409 Shekinah Mission (Plymouth) Limited . IA ¢¢ffipw)y ￿"mrted by warantee) Annua ReF¥Xt and Finanoal Statenwls frKthe Y¢ar Ended 31 Marth 2024 WESTCOTTS ¢MARTSAED A¢CQUIITAHTS S 8v$IMES$ ADVISER5 Iiiiiilliii *ADIFTX13* 2111212024 COW>MIES H￿sE A17 #252 Shekinah Mission (Plymouth) Limited Contents Referen￿ and Administrative Detwls Trustees, ReF 2to8 IndeFendenthJditors' Rewt 9t012 Consc4idatsd Statement of FinonLyal knlies 13 Consdidated Balance S 14 Balance Sheet 15 Consdidate(I Ststernent of Cash 16 Notesto the Fina￿31 Ststemerts 17to32 Shekinah Mission (Plymouth) Limitsd Reference and Administrative Detsils The trustees. who are also Ihe (Iredor for Ihe pwposes ol company knv. wesent th&r report and the f￿an￿al staternents ofthe charity forthe year ￿ded 31 Marth 2024. Mr R Mcryan Iwgned 01102r2ff241 Miss C Liide Mr S Cartham IdKeased 07104120231 M R Luckhutst Rev K C Brornage Rev A Farrner SKretary Mr P Wowj Charfty Regl$trallon Numbgr 1097409 . Company Registr•iion Pknmber 04687832 Princlpal offlce and registered StGffjelw Creek CrJnmuW Cerrtre offi¢0 stOne1￿use Recreabon Ground. ngs Road Ptymouth Devon PL1 3SF Audltor W¢str￿n5 ISW) LLP Chartered accwntants & stalirtory au(fytor Ptym Htyjse 3 LorvJtxt"&Je R¢)ad Marsh Mi115 P￿moUth PL6 8LT eankers HSBC Bank plc 4 Ttr4¥n Street Ptymoulh PL1 1DD Page 1 Sheklnah Mission {Plymouth) Llmlted Trustees. Report ovèr41￿ of Sheklnah and our Purpose and Acllvliles Shekinah has been %K)rknng for the relief of povety and to help sOci￿Y exduded and disadvantaged people since Decernber 1992. Initially it c(￿Centrated ￿ helF4n9 people streel homele55." It works wilh anyone needs our serwces, 30 years on. our acb"¥ib"es have evdved bLrt our purpose remwns the same. Shekinah believes that each of us wants ￿ live an ordinary. 9t￿ lilè". living in a pla￿ we can rall hryne. wth the people and things lo￿, in communities ¥there ￿ lcd( 0￿ for anothw, bwng able to do %that matters to us. kh1•￿￿9 thrs for everyone is a matter Lq s(Kialiusbce. The ot4ects Of￿ chwity, as stated in ow Awlides crfAs5cVa￿. are.. thé pr￿￿￿)rt or reli￿ of Fo¥ety," the rel*fol S￿ne$S aThJ the prornotic￿ of mwrtal and rtrysical he*th', the advancern￿t of &ducab'on. th"Ils, tra.niry or r&tr*"ning the p￿￿"s￿)ft of work eX￿rience. particulaty among people *tK) are unem￿￿yed'. thè rdief of th)se in need, by reason of age. imeatth, dssatilty, finanaal hardship or other disadvantage pn'rnarity bul not exdu5ivety by Ihe provisicffj of t￿nS￿lIng. ad￿¢￿, lnf0miats.￿ and support services and other assistan￿ and through the SLHtsWe aw)rnmQd*￿ to hryndes5.' the promgtion of Sorial indu&c*) by prevertng Feople from tec4)ming socialty exduded aThJ rel￿1￿j Ihe needs ofthose peo￿¢ who ar¢ $￿iallY ￿duded and a55i5tsng them to rantegrate into souety", the provtsion of services for mediats￿. rernnciliabon and achiewng Test¢nb"ve Iu5tsTr bets%Een vithrns gf crime and offenders wth a wew io p￿S￿￿ng public order and Icrf the wotects'on ol the ￿￿￿cal. emotional and mental well-being ofsuch M(*"ms and the reha￿1rta￿"c￿ of offenders. We aim to engender feelings of greater 5elf*5tttm and se11-w￿ in our dients. thus he￿Ing them to.he themselves io engage more posib'vdy in thwr cr￿rnUn￿e5. Our 5eMces are open to all. iThespective of race. age. religion. sexualty, gender, addKtions, Lxminat record, ab'lity or disabilty. We a￿ based in the Stoneho¢Jse area of Ptyrnoulh and also at 5rtès in Toibay. and Fyesenty eM￿0Y apwoximatefy BO staff and 80 volunteers in variety of proiecls. indu(lir#J ￿ a)mrnunty centies. the 'Make Amends, restorative jusbce programme. education and training wwces, a sooal enWri5e. and I￿rty Shops. We cuier all of PlyThoulh and Torbay witr some ofour (Lthds co￿nn9 DeVC￿ and CorrvAI. Though Ihese proiects. WE to offer the most'holisti¢ pos$itty ¢an to Ihos* ￿ seek our help. helF#ng thern to bring abo¢Jt real and lasts'ng ¢haTrJe in thwr h¥e5. clipmts are dealing with a r￿ge of rwltiple and complex needs indLyJing", - homelessness and rough ￿e4￿n9 - substance misuse problems - offenderslex-offenders - lon*term unemployrnent - Feople leaming disatilbes or physical I rn￿￿1 heath protrkns Feople in isolatson Structure, govwnance a￿1 m•nagernenl Constiwtlon Sheknnah was established in 1W2. and has W0￿$￿¥￿y devdoped a range of bayc services to rneet the needs ol socially and èconom￿uY t￿d￿je￿ peoFle in Plymtyjlh and Tty. She￿nah incorporated on S Mary* 21Y)3 as a thontable Gornpany lirnrted by guarantee and was registered as a Chanty w 8 2C¢J3. rt is govemed ty Artydes ofAs50uation. w*È la￿ amended in Septernber 2021. The Company is limited by guarantse and h35 no share captal. At 31 March 2024. theTe b%ere 5 M￿berS ofth* Cornpany12023". 71. In the event of the Company bw.ng up. the lia￿￿"ty eath member is limited to £10. Page 2 Shekinah Mission (Plymouth) Limited Trustees. Report Method ofAppointm•ntor Elecuon of fntstees Under the Articles of Assoaation, the number of Twstees shall not be less than three, wilh all Trustees being r¢tir•d and eligible for r￿lec￿On three years. Those rebnng may be reappJinted as Twstees. New Tmstees can only be electe(J If tw are re￿rnMen¢jed by a majcty of the Trusiees #rtd n￿•ce is proFerfy exeajted by a Trustaè of their Intent￿ to nc¥ninaÈe a Trustee. Recrurtment of trustees is generalw govemed by th"Is WKI kncthledg•'g8ps' ￿ thè Btsard. Whexe such yaps are perceived to exist, a candidate or ￿nditjateS. may be svitable to fill these gaps wal be identified, and inforrnally approaehed to enqure wheiher a trusteeship of the organiSab"C￿ vnuld be of intwest to them. If so, the Candidate wll be inwted to attend a Board of Twstees meebtwJ, vthere their wtential trusteeship wll be discussed wth the fvll Board. A formal offer to I￿n the tnjstees may then be made to the rnndidatelsl. No Tr(Lstee shall serve in office for more than nine wnseujtive years F*owded th* a Trustee rnay be reappointed annually therealter if ther• are exceptional urcurnstsn￿s and the Twstees unanimousty resdve that they be reappointed. Polkles Adopted forthe Inductlon and Tralnlng olrrustees In recent years the Board has gro1￿ frcAn the original fujr founding Trustees. to the ￿rrent total of five. This has expanded the overall s￿l1-s￿l and expenence available to shape aThJ threct the thantys strategy and to support the mana9ernent team. particularty in respecf of commerryal matters. Speafic training fe< the newer Trustees has largely been provided by the Chairrnan and the ch￿ef Exeojtive." h(y•￿er. a more formalised InductK)n pro￿5 has recently been implemented, thereby rna￿ng the rerxuitmenl and inducb'on ol any subsequent tnjstees rnore convenient and more rella￿e. A Continuing ProfeSS￿)nal Devel¢)pmenl ICPDI programme for the twstees. ￿ by TF*Jrnas w￿e£ll Chartwed Att￿ntants, crynmenc&J in 2021. Oryanlsatlonal Strueturn andOeclsloTrAlaking The affairs ol Shekinah ¥e U￿rnalety o)NrcAled by Ihe Board of Trus*es, delegates the day to day operats.on of Sheknnah to Ihe rnanagement team is hea(Jed by the clw.ef Exe(yJlive offi￿r. Mr. John Hamblin. Wrth the expansion of Sheknnah's services, it was de(ided 2011112 to esfabltsh a separate Finance s￿￿CC￿MrtIee In¢)w knovm as the Finartt & Risk su￿rnmittee). Membership Cul￿nty c4)n￿StS of three TnJstees plus Shekinah's CEO and the Finance IAanager. This. C(￿n￿"￿ed wth the im ￿emen￿tle￿ ol montNy budget rneeling$ eath manager. has ensuredgreatw finanoa suutrny and fisk management tr Shekin8h. Obl•ctlves and actlvltles Our projects have conbnued to provide SUPFOI sery1￿S to those in acxoss Plym¢yth, Torb8y, Devon and Comwall during the 2023124 year. our services have cc¥its"nueLI to te wewused. The prath.cal outcomes PToduced through the seNces promded have been Ihose set txrt to achieve. chiefy" belter heam and nulrition lor our seNce U￿r￿.. k$s rough ￿ee￿￿Tr9 by hdwng people are rwgh ￿￿e￿n9 to acces5 accommodation., better prospects for Securing employment". fewer ex•offenders Tettjming to uime,. and an improved sense of seff-worth and self*sieem. In cc*npanscm to premous years. the numbers ol indiwduals assisted has ir>creased acxoss the various services pYoMJJed. During this year ￿ have intfeased the lundiry re¢£ive from chaTifable trusts. Ihis allo￿ us to meei wr thantable aims wthout having to have undue regar(J to vthat partnpJ5 in other seTwces Vdnt us to do. It albws us to be even more ol an Indepen(Jent chanty ￿￿th a to athcate for those we WO￿ y￿th. Dunng the 2023124 year, there we no t￿rtStandIng F#)Srtive N negalwe ladors ol S9n￿￿anCe th.th affethd Ihe achievernent of our Obl￿tiveS. Pag• 3 Shekinah Mission {Plymouth) Limited Trustees. Report Public bènèfft We have considwed the guidance Cffitsined in the Charity Cornmiwon's guidan￿ ￿ Putrjic 8enefi( I￿￿dIng the guidance 'pU￿1C Benefit Runnry a Charity IP821' w￿n revie*ing ￿r aims and objeth¥es and in planning futurè 3ctivits"es. The services of Shekinah are OFen to all. irrespe¢aive of thetr race. age. religir￿, sexualty, gender, addictions, criminal record, ability or th"sakn"lty. Shekn"nah's services bnng benefits to a widè section of thè community, particularfy homdess I rwgh sleeFers. ex-offenders. lon*terrn unemF4oyed. Ihe eldpJly I disabled. peO￿e 8uffenng frorn addictic￿$. and Ihose phy￿￿ or mental health issues. Tlis ￿pOrt outlines how our athievements dwirKJ the year have benefiby the pu￿1¢ erther Lliredy or iThJirec*. The actiwtses of Shthnah Cu￿enty t* w￿￿er Ihe aLWiCe5 ofvarw5 w4e(ts. At presert these c￿sist of the fo11￿1ng.. . A cornmunity ￿rrt￿e in PFymouth - Education. training and employment programmes - The'make Amends, re5torativejuslKe kxogramme - T%%rJ chwity shops Endeavour House in Torquay, a CLvnmunty Hub - shekn.nah Trading Limited. a enteryisè - The High Intensty Vser proiecl in Torbay - The Community Mentsl Health Framwk in Tiybw - Thè Learn¢ng Ex&)￿* FYLwamm• Shekinah is also a partner organi5aty"oTr in the 'Ptym(xJlh Aliwce.. an asx¢ialion ol orgaNsations wcffjking logether to ddiver cctrNdinated support lo people *tho are hcmndess and otheThM"se Vulnerable and disadvantaged. Stralegi¢ repgrt The Ic410*ing sects.ons for attle¥em￿ts and purom7￿￿e aThJ finanual revie4V fomi the strategic rewt of the ¢hanty. Achievements and wformance Ourwork has impacted on Ihe Cir￿m$talKes of using Shekinah's seThtces in a n￿mber of*ay5, induding.. better health and nutrition, improved educatson, inueased employment prospects. greater seif Limited Independent AUdit0￿S Report to the Members of Sheklnah Misslon (Plymouth) Limlted Opinion on other matter preaeribed by thè C fraud or error. and to issue an auditorfs report thal indudes our opinicn. Reasonable 8s5vrance is a high level of asswance. but is not a guarwrtee that an audit cts)ducted in accordance wrth ISAS IUKI will ahmys detecl a malen'al misstaternent when rt exists. Misstatements can arisè from fra￿d or erre* arKI are crn*dered maiena if. IndividLEany or in the aggr¢gate, they could rea5on?t4y be Èxpected to infiuence the economic dea*ons of usel5 tsken w Ihe basis ofthese financial 5tstements. Irrègularibes. induding fraud, are instances of r￿)r￿c￿Tr￿1ance *rylh reguiatsons. Wo dèstrgn procedvrgs in line vthh our resPJnsi￿.F￿"¢$, OLrtlined above. to detect matsllal rnIs5tatem￿ts in respect of irregularities, induding fraud. extent to our I￿OcedUreS are ￿pable of detediThJ Irregularities, induding fraud i8 detailed belovK. We identifred areas oflaws and regulatiais that ccKrfd reasonabty bè expected to have ¥ material effect on the finanoal ststements frorn our general r￿nmera8l and secior eX￿rien￿ and Ihrwh dIS￿l$s1on wth the diledors and other management. We communKated idenb.fied k7ws and regulab.ons throughc*rt our tèam, arKI rernained alert to any Ind￿￿0￿$ ol ncTrcomyiance throughwt Ihe audit. The charity and group are subje(I lo law5 and regulaliMs that govem the preparation of the financial ststements, induding finanrial rewrting legislaty"on. and other dwty legtslation. The charity and group are also subject to other laws an¢J regulabons %thefe the consequertes of non-Cc¥n￿1anee could have a materi impact on the amounts lx disdosures vthhin the finonpal slatemenls. •r￿u￿n9 employmenl. ￿'_t￿1.bery, ti-money lauTrJeriThJ and certain aspeds of tharities legi￿atiOn. Page 10 Shekinah Mission (Plymouth) Limlted Independent Auditorfs Report to the Members of Shekinah Mission (Plymouth) Limited ling to Ihe inherent limitabons of an authL Ihwe is an Un8v￿datde risk that ￿ may not have detected some material misststements in the finanual statements, even though have property planned and performed our audit in accordance wth audfong St￿dards_ In any audit. there remain$ a higher nsk of nor￿dete¢bOn of irregularib"ès, as these may involve cc41usion, tsgery, intentiond omt5won5, misrepresentatirms. or the override ol internal contrc45. We are not reSp(￿ble prevenb"ThJ nC￿-[￿n￿thance and cannot be expecte¢J lo ¢Jeted n0nwcomp1ia￿e wth all laws and regulations. As part ol an audit in 8ccordanTr wth ISA5 (UK). v* exerasè Wessional jud9emurt and maintain professional sceptirjsm throughouithe aud￿ We also.. l(Jentify and &53e5s the risks of rn¥leri41 m15Stalement of the finanual statwnents, %thether due to frau(J or error, desgn and perform 8￿jIt procedures responsive lo those nsk5. and obtxin aLTrJrt evidence that is ulficient and appropriate to prowde a basis for ovr opinion. The risk of not detedbng a material misst8ternent fesufting from fraud is higher than for C￿ ￿$￿￿n9 Irom err¢f, as fraud may involve ct41Ltrsion, lorgery. intents.onal omissions, rnisrepresentats'ons. or the ¢)verride ol irrtemal contrd. Obtain an understandin9 of internal ￿trol relevant to the audrt in order to ¢Jesign audit procedu￿$ that are approFyiate in the urwMstsn￿$, l)ut not for ts PWF4)se of eXwe5￿n9 an O￿nI￿) on thè efftthveness of the group's intemal ¢ontrol. Evaluate the apprwateness of accounbThJ pdiaes used *d Ihè msona)leness of accounb.ng esb"males and related disclosures made by the trustee5. Condude on the approwiateness of the trustees use of the gcrfng oxcem basis of accwntin9 8nd, based o the audit ewdence obtined, a material uncertainty exists rdated kn ¢v¢nt$ or ¢ondition$ that may st Sl9nthcant doubt ￿ the group's Of the parent thartsbje company's aly'lity to contyrKJe as a gryng concern. If ￿ condude ihat 8 rnaterial uncertainty e￿Sts. required to draw attenb.on in our autjitoffs report to the related disdosures in the financi￿ stalemerts cy. if suth th"sdosures are inadequate, to modify our opinion. Our condusons are based on the audit evidence 0￿￿'ned vp to the date of our 8udrtorf3 report. However. fu￿re events ¢f cond￿on5 may cause the group or the parent chantable rLJrnpany to cease to conbnue as a going con¢em. Evaluate the ovérall wesentsts"on. Struaure and C￿rtent of the finanoal statements, including the disclosu￿$, and whelher the financial Statements represent the uThJerfying transath.ons and events in a manner Ihat ath'eves fa'r presentstion. We cr￿mUnIc￿e wth those Cha￿#d ￿1th g0veMan￿ regarding. amorKJ other matters, the planned scope and timing of the and y9nificant audit findiros. Ir￿uding any si9nificant defitienoes in internal contrd that we ldenb.fy during OLW audit Page"11 Sheklnah Misslon (Plymouth) Llmlted Independent Auditorfs Report to the Members of Shekinah Mission (Plymouth) Limited Use of our rewl This report is made sdety to the tharitstrAe parent crynpanl5 1n￿teés. as a bc*. in a(Y4Ydance wth Chapter 3 of Part 16 01 the Companies Act 2c￿. Our audit work has been undwiaken so that might state to the group's truslees those matters we are required to Stale to them in an audrtorfs report and ft)r no other PUTP05e. To the fvllest exient permitted by law. do not accept or assume responwts.lty to 3nywe other th￿ the charrtabje parent com nd rts tnjslees as a boty, for our audrttth, fry this repryt, or for the opini0Tr5 h8ve formed. Adarn Croney ACA (seri￿ Staiutw Aud Fly and on behalf or Westcotts ISW) LLP Ichartered ac£ountants & statutory *Jdrtor Plym House 3 Longbridge Road Marsh Mills Plymtyjth PL6 8LT Pag¢ 12 Sheklnah Mission (Plymouth) Limited Consolidated Statement of Financial Activities for the Year Ended 31 March 2024 (Including Consolidated Income and Expendlture Account and Statement of Total Recognised Gains and Losses) Unrnstrfct•d funds Total 2024 Totsl 2023 nd5 Incom• and End(¥wTnents from: Donat￿n$ and le9ari¢5 Chantstle actvrties Other trading acti¥ikés Invtrstment incorne 20.317 335.847 326,226 1.358.882 184,510 16.530 349.624 1,414,873 240.238 4,C68 1.023.035 184,510 16,530 Total incorne 1.529.984 356.164 1.886.148 2,DJ8,803 Expenditure on.. Donations and le9aoes Operabng CLJSts of Shekinah trading Ch8rttablÈ actsvthes 119,172) 119.1721 118,9531 1191.702) 1.202.1 1191.7021 1,492,050 1196,3711 1,831.246 rotsl expen(Stwe 1.413,070 289,854 1,702,924 2,046,569 Net lnc0mellexpendrtu￿} rranslers bethen lunds Gain on disposal of tangitje fved 116.914 210,855 66.310 1210.8551 183.224 137.7e61 3,499 3,499 64.673 Net movement in fLWKIs 331.268 (144.5451 186.723 26,9)7 Reconclllallon of fwKI¥ Total fijnds brought ftyward 1.045.820 1.446.326 1419.419 Total fijnds Ca￿￿d fward 20 1,377,088 255.961 1.633,049 1.446.32e l olthe 9foLrp's acbvrties derist frc*n conb.nwng Olwa￿ dwing ￿ atty)ve Ferio¢Js. The fvJThJs break(hJwn for 2023 is shu4vn 41 note 20. Thtt n￿¢$ on pages 17 to 32 ftym an intwal ￿t ofthese financi￿ $tatements. Page 13 Sheklnah Mission (Plymouth) Limited (Registration number: 04687832) Consolldated Balance Sheet as at 31 Mareh 2024 2024 2023 Fixed assets T￿gIble assets 15 1,267.395 588,768 Current assets Debtors Cash at bank and in h￿d 17 242.807 897.931 S2.902 1,041.140 1.140.738 1,094,042 Cyedltors: Amowts lalllng du• on• y￿1 18 477,584 236,484 Net Current assets 663.154 857,558 Tolal assets less c41rrent liablllths 1.930.549 1,446.326 Creditors". Amounts falliD9 due ts rn¢xe than year 297.5LXJ Nèt a8#tts 1.633.049 1,446.326 Fund¥ ofth? group: Restrirted fvnds Unrestricted fiJntJs 255.961 802.088 400,5C 470,820 Designated funds 575.OC(J 575.OC(J Total fund5 20 1446 326 The fi￿nri81 ststernents ￿ pages 13 10 32 *we arwv&J ty the trustees, and auihorise(J for isgje on signed on their behalf by.. Rev Fa Trustée The r•Jtè$ on pages 17 10 32 fomi ￿ wltwal part oflhese financial siatements. Page 14 Sheklnah Mission (Plymouth) Limited {Registration number: 04687832) Balance Sheet as at 31 March 2024 2024 2023 Flxed assels Tangible assets Investrnent5 15 16 1.289.652 588,088 1.289,654 588,088 Current •¥s*ts Debtors C8$h at bank and in hand 17 240.0)7 BS¥).899 43,254 1.033.739 1.130. 1.076.993 Crédit*￿. Amoutts falllng due *thin one 494.530 18 ￿ ￿253,059 636,376 1123,934 Net current ass*is Total as¥ets ¢urrent Ilabllitles 1.926.030 I.412,￿22 CTeditor¥'. Amounts faming du• aft•r morn than one 297,500 Net assets 1.628.530 14112,022 Fund¥ of the chaiity- Restricted fvjnds Unrestricted fvnds 255.*1 797,&89 .100,506 *136,518 Designated fijnds 575.000 li7S,thJO Total lund5 20 1.628.530 11112,022 The financi* 3tatsment5 cfi pagès 13 to 32 %%tre apryov•J by the twstee& and aUlhor￿e￿ for i55ue on . and signed rn Iheir behalf by". rmer Trustee The note5 on pages 17 to 32 f￿￿ * inte9r* w of these finanrial statements. Page 15 Shekinah Mission (Plymouth) Limited Consolidated Statement of Cash Flows for the Year Ended 31 March 2024 2024 2023 Cash flo￿ from opernllng actmtles Net ¢a5h inrJJme 186,723 26.937 Adjustments to eaah flows from n<)naeash It•m# Deprec4ab"L Deprec9atiC￿ on th'sposats Investm8nt income Pmfil on dispos￿ oftangit4a fixed ass•ts 15 16.019 17.502 1247,0451 116,5301 3.499 182.713 1202.6061 Worklng eaWtsI adlustm•ntr Ilntreaselldecreasè in dttkns Increase in uedrtcfs 17 18 1189,&X151 261.1¢X) 49,570 29.665 Net cash flows from operatrng actwitses 123 371 Cash flom from investing •cbvitie• Interesl re￿1Ved Purthase 0ftang￿e assets 16,530 15 49,971 Net cash flr¥ws from investirKJ a(*v￿"eS 678.116 49,971 Cash n<)MF fr¢vn financing aclivilies PrO￿ed5 frorn new bwowings duriThJ the ￿0d Prueeeds from dtsposal ol tangible fixed assels 277,5CO 3.499 412450 Net cash Ik)ws frcln athvrfies 280.999 412450 Net Ideueasellinc￿a9e in cash and cash equtvaerts 1143.2(131 239.108 Cash and cash equNale*)ts at 1 Ary 1.041.140 802,032 Cash and cash equivalents at 31 March 897.931 1,041,140 JI ol the cash Ilrms are derr4&J frcrfn cl￿tiN1ng L￿atic￿S t1Lwing the ab)ve iwrj penc4J$. ThÈ r*trtès on pa￿S 17 to 32 forn ￿ iiitegral ofthese finanaal stataiients. Page 16 Sheklnah Mlssion (Plymouth) Limited Notes to the Financial Statements for the Year Ended 31 March 2024 1 Charity •tatus The charity is a putrAic benefft entity an¢J a private cornpany limiled by guarantee. res¥stered in England aT¥J Wares and a registered charty in England and Wales. The adthess of the registered office is Stor*houso Creek Community Centre, Stonehouse Recreab￿ Ground. btings Road. Ptyrn￿. Devon. PL1 3SF. 2 Accountlng pollcles Summary of slgnlllcant •¢counting policies and kny aeeountlng estlmates The prinopal accounting pc4iaes aPF4ied rn the weparntK)n of these finanoal statements are set out bebw. These pO￿"c￿ ha￿ teen co￿$tenty applied to al the years wesented. unless othepMse stated. Statement of ￿m￿lanCe The financial staternerrts have teen prepared in aC￿danCe Acoxjntrng and Repoty"ThJ by Charities". Statement of Recomrnended practi￿ {aFol*cat4e to charitjes prepanng their accounts in accordar￿￿ wth the Financial Reporting Standard ap￿iCal￿e in the UK and Reput4ic of Ireland IFRS 10211 lissueLS in October 20191- (Charities SORP IFRS 10211, the Financial Rep)ityThJ Stan(Jard applcat4e in the UK and Re￿￿1C of Irdand IFRS 1021 and the Companies Acl 2C(6. Bas18 of preparatlon Shekinah Mission (Plymouthl ￿rnite(l meets defin￿"on of a wt4ic t*nefft enbty under FRS 102. Assèt5 and li¥bJ"lits"¢$ ¥r¢ inits.ally recognised at hislori(al cost ¢y tr￿sa¢*.￿ value unless oth*ws• stated in Ihe ￿levant 8ccounting pdicy notts. 8•$1$ of consolidation The owsolidated financi* statements DJn¥thdat• the fin￿al statements of the th¥ity and its subsidiary undertakings drawn up to 31 March 2024. No ststement of financid aCb￿t￿ IS K*esented for the charty as permitted ty sec*'on 408 of the Companiès Act 2006. The tharity made a profft after lax lorlhg fin?rKial year of £216.50812023- loss of £49,493). A subgdiary Is an ents.ty contrc41ed by Ihe charity. Control Js athievgj the charity has the pwr to govem the finanaal and operating poliryes ofan enty SO as to c&ta"n benefits fr￿￿ its actiwt The results of subsidiaries acqui￿ or diswsed of during the year are induded in the statwnent of finanaal aCtI￿￿e5 trom the effècbve d*è of acquisits.on or up io the effeLlive date of disposal, as appropriate. Where necessary, ailjustmenis are made to the financial staternents of 5ubsJ"diane$ to bn.ng their accounb.ng Oicaes into line with Iho$e used by the grwp. The purchase method of accounb.ng 15 used to act￿￿1 far t￿InesS combinations that resuli in the acquisrtion of subfAdiaries by Ihe group. The cost of a bjsness ccffjtsnatyc￿ is rneasured 85 the fair value of the assets given, equity instruments issued and li*l￿e5 inojrred crf assumed at the date of exchange. ￿u$ costs diredy attn"butsble to the tr*Jsness COM￿nab"r￿. IdentifiatrAe 45sets ae4uired ar￿ hats.lths and conb"ngent liat4'1ities asstwned in a businèss ccrfnbinab.on are measured In￿￿ty at th&'r fwr value5 at the a¢4ul*ti(￿ d*tr. Ary ex￿$$ of the cosl ol the busine55 crynbinalKJn over the acquirer's inierest in the net lair value of the idenb'fiable assets, liabilthes and contingent liabliti'es recogni5ed 15 recorded a5 gcrf>ts"M. Inter-compary transactions, balances and unrealised gair* on transathons t¢kn￿n the chwty and its sub%diarie& which ale rdated parb'es, are elminated bn luu. Page17 Shekinah Mission (Plymouth) Llmited Notes to the Financial Statements for the Year Ended 31 March 2024 Value added tox As the group 15 VAT registered wth parb.ally ￿ernpl 5UFWies fvr VAT purF05es. IrrecD¥erat4e VAT has been induded the eX￿n￿lture of Shekn'nah Misyon, contwns all the exernpt sup￿￿.. Golng ¢onceTn The trustees consthr that therè are no maienal uri¢*iairfie$ 8t#JJt grw's alylty to c￿ts'nue 88 a going ¢oncem nry any significanl areas of uncwfainty Ihal affect Ihe carrying value of assets held by the group. Judgements and key sourwa of •slOma￿On thc•rtalnty The preparatson ol the finanoal statements fequires management to make iud9ernents. esb"mate5 and assumFrtions that affed the amount5 rep￿ted. These estimates and Judgements are ¢ontinualy Teviewed and are bosed on exFerience and otherfaclors. iwKluthn9 expectations of fvrture events ihat are believed to be reasonable under the ar¢umstances. A key area of iudgernent 15 deferTed inixjme reqiMre5 management to rnea5ure income ieleased and deferred wthin the accountyng year. Ineomlng resourt•¥ AJI incoming resrnjrces are indLwJed in the staternent of ffinanrAal when enlthment has passed to the harity." it is probat4e that the ewncvnic b￿efft$ as%)ciated ￿1[h the transac*on wll flow to the charty and thè amwnt can be rdiabty measured. The foll￿%?n9 specific [d￿leS we ap￿ie￿ to parb"cJJlar categories of inctm•. - income trcm donatths ￿ grants 1$ recc¥Jnisèd thi there is ewdence ol e￿￿eMent to the giTh re￿Ipt is Protsa￿e and its amwnt Can be reli8W. . legacy income is recognised vthen receipt is wobable uthent is establish&J. - No ar¢ induded for the Corth.￿￿ of g¢n¢ral ¥dunteers. . incorne from contracts forthe suth of w¥7ces is rwnised with the delNery oflhe contrathd stimce. Th1$ is das*fied as unresiriLtted futhjs unless there is a cor)tractual iequiremem for it to be Spent on o portirAJlar PWFX)se and retumed IfunspenL in vhJiGh w rt may be regwded as re5tr]'cted. un￿sIncted fvsnds are available for use at the dtsuekn ol the trustees to furth¥ any ofthe charity's purp)$&s. Dtsign*ed funds are unrestncled lunds earmwked by the InJstee5 pwti¢JJar fiJiure projecl or ccmrnitment. Restricted ftjnds are subj'ethd lo reSlnc*'cX￿ on Iheir exFenthture deda￿ by the donor or thrc¥Jgh th• térms of an appeal, and fall into c￿e of￿￿ W￿da$$es.. restn.cted income funds or erhlcfft*mieni frjnds. Page18 Shekinah Mission (Plymouth) Limited Notes to the Financial Statements for the Year Ended 31 March 2024 Resourc•s expended Expendrtwt is recc4Jnised an Kcruals bay's as a Ikqbilty 15 inaxred. ExFenditure indudes any VAT ￿lch cannot be recovered, and is dassffied under h￿￿1￿jS of the statement of to which relat¢s". - expendilure on Taising funf1s ind￿JeS the costs of all fuThJrai&ThJ al￿￿￿eS. event& nc￿￿￿lIa￿le trading athvitses, and Ihe sale of d(￿**d gctyJds. - expenditure w ¢haritable adivTrbes indL*Jes all o)sts incurred by a thaTrty In undertaking a￿.￿be$ thal fvrther its charitable airns tr the benefit of rts benÈfic4aries. indudiThJ those SUFP)rt costs and costs ￿lat￿g to the govemance ol the charity 8pwtiC￿ed to tharitatrAe ao*vibes. - other eypendittjre irK4udes am expefidrtu￿ Ihat is nerther related to rwsng fijnds lor the tharity nor part of its expenditure on charitable acDvities. I costs are altt*ed to exFendituie Cate9L￿e$ refieth.ng the use ol Ihe resource. Direct Cosls attributsble to single activity are allocated diredy to thal a¢My. Shared rosls are apWt"C￿ed behveen the activities they contribLrte to a reasonat4e. justsfiatrle a￿1 con&stent ba*s. op•ra￿n9 l•a Lease payments ore recognised as an expense over the lease tern on a strai9m-l￿e basis. The aggregate benefit of lease in¢ents"v¢s is recognised as a redtsdson to expense over the lease term, on a straight-line basis. Tanglble fixed assets Tangible assets a￿ in￿alty recryded at C05L ar￿ 5thequentty st8ted #t faxt less any accumulated dep￿cIa￿.0n amd impairment losses. Any tang1tr￿e assets carried at revJue(l amounts are recorded at the fair value at the dat8 of revaluab.on less any substqtltrt aeoJnwJbated depreciation and subsewent acoJmulat&J impairment105ses. An increase in the carying amount of an asset as a resuli of a revaluation. is recognised in other ￿CogniSed gains and losses, unless it reverses a tharge ts impairrnent thal has weviou51y been recognised as expenditure within the staternent of fin¥noal xb.¥￿"¢$. A deuease in the carrying amount of an asset as a result ol reValua￿n, is recognssed in other rec£sn15ed gains and ltssses. except ta vthith it offsets any prewous revaluatts)n gan. in ￿se the105S t5 shThn VAthTrn other reccwised gain5 losses on the statement ol financigi athwb"es. D¢preclatlon and amortisatlon Depreuation is provided on tsngTrble ￿ed assets so as to off ¢ost N valualion. less any eS￿'Mated residual value, over thwr expected usehjl eccmmic lrfe as foll￿5." Asget claBS F￿ehOld property Plant and mathnery FixtsJre5 and fftb'ng c￿puter equ¥pm*rt mot0rveh￿eS D•prnel￿i0n method arKI rdle 2% strawJht line 1tYA straight line 15% stiai9ht line 25% straight line 25% Straight line Impolrment of flxod assets A vewew for indicators of impairment is carried (Lrt at each retutmg date. wth the recoverab￿ arnourrt being esbmaied ￿ere suth indicator5 exid Whtse the carying value exceeds the recoverable amount, the assel is impaired accordingly. Pric￿ imwrn￿nts are also revi￿1 lor rosstrAe reversal * each reroljng date. Page 19 Shekinah Mission (Plymouth) Limited Notes to the Financial Statements for the Year Ended 31 March 2024 Busin•ss e¢mbinatii)ns Bu&ness combinab.ons a￿ accounted for undw the purthase method. Where necessary, adiuslrnents are made to thè finanual stèt*nents of subydsaries to briro the at4YJunb"ng Oiaès used into line wilh those used by the 9rovp. Al Intr￿rOup trans*"ons, balancè5. incwe and exper￿eS are eh'minated on o)nsolidats'on. In accordance wth Section 35 of FRS 102, SeClic￿ 19 of FRS 102 ha5 not been applsed in these financial statements in fesped of business combtna.ons elfeded the date of transb"on. Cash and cash equlvalents Cash and cash equivalents crynpfise ￿sh cn haThJ and call ¢Jepo*ts. and other short-term highty liquid investments that are readi￿ convwbt4e to a knowi amtyjnt ol cash and are subj.ed to an in￿￿fican1 ri$k of chang& In value. Flnanclal Instruments A financial asset ￿ a finarwd liats.lty ts recwised onty beo)mes a paty to tr* ¢ontrac*u provisions olthè instwmert Basic financial instnJments are In￿"￿ty recognised at the amourt le￿wable N F)ayat4e inthdirg any relattd transath.on costs. unless ths arrangement CLY)Sbluies a finanong transacD"m. ¥knere il is recx)gnised at the present valu• of the future payments discwnt¢d at a market rate gf mlerest for a similar debt instrument. Currert assets and ojrrent hat¥lib"es are Subseq￿￿ty measured at the cash Of olher 0)ftStderntN￿ expeded to be paid or received and not dIs￿n￿. Debt instruments are sub5equenlty n*a5wed at wnortise(I cost D•fined¢ontn"IMrfion plans Contn"butions to defined contribub.on Flans are recognised as an expe￿ in the penod in %thich the related sèrvice is wovK1ed. Prepaid Contntxth.￿jS are recognised as an asset to Ihè extent that Ihe prepayrnent wll lead to a re￿¢11￿ in fu¢vre payments or a cash reftmd. When contrit4Jlions are ncl expected to be settled %tholly *ithin 12 months of the end of the repLYting dale in whith th¢ ern￿OyeeS ￿nder the related servi￿. the liaL¥"lty 1$ rn¢asur¢d on 8 discounled FYe5ent value bass. The unvAnth'ng ofthe discount 15 reccsnised as an ewse in the period In vthich rt arises. Llmlted by guarantet The company, which was Pr￿rkY1rated in the United ￿ngdc￿n. is a CoM￿nY limited by 9uarantee and ha$ no share Lspiial. At 31 Marth 2024. thare were 5 members of the Company12023". 71. In the event of the ccffipany bein9 wound up, the liabilrty in reSFed of the guarantee is Iwnrted to £10 per memter of the cornpany. 3 Income from donalions and le9acies Unrestricted funds Gen8ral Tolal 2024 T¢Jtal 2023 Gen•ral funds Donalion$ and l¢ga¢ie¥: DonaD'ons from indM¢Ju81$ G￿ aid redaimed 288.913 16,9 20,317 309,2XI 16,99S 336.040 13,584 336,040 13.584 20,317 326.226 349.624 349.624 20 Shekinah Mlsslon (Plymouth) Limiteql Notes to the Flnancial Statements for the Year Ended 31 March 2024 4 Ineome from Gharftable aclivitlos Unrestii¢t•d funds Restrlcted funds Totsl 2024 Diop in centre Training & ernployakn.lty Shekinah grow Endeavour house M8k8 amends Housing first The Leamin9 Extharvje CMHF Ptymouih AJI1￿ce 139,112 139.112 343,694 9.087 94.259 365.636 31.734 e3.503 125.122 186,735 9,087 94.259 29.789 31.734 335.847 125,122 186.735 1.023.035 335.847 UnrestrScted fvnd¥ Restrlcted lunds Total 2023 Drop in centre Leonard sloc*s centre Training & ?￿Pl0yabllfy Shekinah ￿0W Endeavour hou5¢ Make amends Housing first The Leaming Exthange CMHF 249.153 249,153 2￿.819 188,090 3.076 111,751 320.134 . 135,260 50,826 65.764 29).819 188.OKI 3,076 111.751 320.134 135.260 65.764 746,213 1,414.873 Page 21 Shekinah Misslon (Plymouth) Limited Notes to the Financial Ststements for the Year Ended 31 March 2024 5 Income from othertr•dlng •ctlvttleg Unrestrlet•d fund$ Total funds 2024 Total 2023 Trading int￿me., Shop irwrne Fundralsng and rètad gft aKr P8ints"ThJ ano m8inten8nce inccyne 115,29) 1,937 67,¥23 115.250 1.937 67,323 124,142 66.449 49.647 124.142 66.449 49,647 184.510 164.510 240.238 240.238 6 InveatmÈnt income Unrestrlcled funds Genernl Total 2024 Total 2023 B￿k interest rE(￿able 16,530 16.530 4,068 7 Qthér In¢ome Unrestrlcled Total 2024 Total. . 2023 Ger￿1 Gain on disF4)sal of tan￿￿e fixed assets held for Charity's ovm use 3,499 3,499 ' 64,673 8" Exp•ndliur• on ralslng lunds al Costs of gen•ratlng donatlons and legae6*5 Total 2024 Total 2023 General Costs of raigng funds 19.172 19.172 18,953 Page 22 Shekinah Mission (Plymouth) Llmited Notes to the Financial Statements for the Year Ended 31 March 2024 b) Cost8 ol tradlng a¢￿vItIeS nds Totsl Funds Unrestricted funds Tatal F￿d9 2024 2024 2023 2023 Purthases 123 123 149.920 16,922 1.677 975 149.920 16.922 1.677 975 142,676 15.832 2.567 1,749 5,218 137 142,676 15,832 2,567 1,749 5,218 137 Rent Property rates & C￿￿1 tax Travel & Subsistenc 4.750 28 4.7￿• 28 Printing, postsge & stab'onery Subscriptions Insurance 1.137 1.1 2.931 478 1.137 1,1 2,931 478 Telephone R¢pair$ & ￿n￿valS Cleaning & refijse disFQS Sundry expen5•S Staff training Hire of equiFmerrt Motor expenses Legal and professKJnal Bank charges Depreualion Gaith$ on (Isposal oftangib* assets 2.441 2,441 6,895 1.043 77. 77 176 176 200 1.325 1,325 2,457 3,834 2,325 1.620 3,498 2.457 3.498 2.325 339 339 85 191,702 191.702 19&371 196.371 Page 23 Shekinah Mission {Plymouth) Limited Notes to the Flnancial Ststements for the Year Ended 31 March 2024 9 Expendlim on eh•ril•ble actlvSti funds G8npral Rèsfficted fvnds Total 2024 Charitable activities located support rosts Governan￿ costs 991.952 203.894 6.350 285.284 4,570 1,277.236 208,464 6.350 1,202.1 289.854 1.492.050 Uftrestrlcted fund5 Gonèral Restslcted ftsnds Total 2023 Ch8ritabl& actwrtws located 5UPPQrt costs Govemance costs 749.275 370.330 8.1(X) 703.492 1,452.767 370.378 8.1LK) 1.727.705 703,540 1.831,245 Page 24 Sheklnah Mission (Plymouth) Llmited Notes to the Financial Statements for the Year Ended 31 March 2024 10 Anal￿1$ of gUPPOrt costs Total Funds Total Funds 2023 Stsff costs 238.SSXJ 250,752 71S Premises Equipment hire General office 5,831 29,862 6.350 1,026 26,127 16,449 5.375 6.792 8.100 3.417 38,343 15,086 4.759 18,246 4,737 17,138 731 Govemment Costs Light and he* Repairs and maintenarr Insuranee M¢)tor and travel costs Legal and profesgona costs Telephone Depreaation Print. post & staltonery SL&bxrpb"orns Bank char 5,435 15,628 15,680 1.485 2.800 2.897 371.678 378,478 11 Net in¢orninglouWng resouree* Group 2024 Group 2023 Oewec¥8tion of tangit4e fixed assets Audtrs remunèratron 16.019 17,502 5,350 Page 25 Sheklnah Mlsslon {Plymouth) Llmited Notes to the Flnanclal Ststements for the Year Ended 31 March 2024 12 Trustees fwnun¢r#llon and èxp•ns•s No tru3tse& any persws conneded them. ho￿ received remuneration from the group during the year. No trY￿e85 have re¢¥ved any Olher tenefrts the dwty dLwing tr* year. 13 Taxation The group is a registered tharity and is theth exeryt taxati￿. 14 Staff ¢¢)tyts The aggregate payroll costs were as fou￿￿?.. 2024 2023 Staff costs durfng the >•ar were: W&Jes and salaries Soryal 5evJrity Pensicm costs 1,189.463 97.467 22.278 1,￿.208 1.464,572 12S,837 27.877 1.618.286 The rnonthty average number of pers￿$ (mduding serMN m￿a￿ent I leadership leaml emFtyed by the group during the year e¥w￿sed a5 fijll time eqUi￿ents was as Id1￿￿.. 2024 No 2023 Managemwrt and adrnln15t￿￿ of Charitable ath"¥￿*$ 59 75 The n￿nber of employees emolwnerts fell the fdo*ing bandswas.. 2024 2023 £eo.DJ1- £70,OCII Page 26 Shekinah Mission (Plymouth) Limited Notes to the Financial Statements'for the Year Ended 31'March 2024 15 Tanglble flxed assets Group Freehold Plant and rnachlnery Motor vehicles Tol¥l Cost At 1 W"12023 Additions .754 631.968 118.041 62,678 2.589 727.384 894,646 At 31 March 2024 1,239.722 I￿.719 2.589 1,422.030 Depreeiation At 1 4)ri12023 Charge for the ye 41.103 4.178 1.924 323 138.616 16.019 11.518 At 31 March 2024 45.281 107.107 2.247 154.635 Not book valu• At 31 Marth 2024 1,193,441 73,612 342 1,267,395 At 31 March 2023 5,6S1 S88.7e8 Charlty Freehold property Motor v•hlcl•s maehin•ry Tots1 Cost At 1 April 2023 Additions 6CE.754 117.9JO 62.676 1.370 726,024 .,717,246 At 31 March 2024 1.261.322 1eo.578 1,370 1,443,270 DepreelatSon At 1 April 2023 Charge for the ye 41,103 4.178 1.370 137.938 15.680 11.502 At 31 March 2024 45.281 1C6.%7 1,370 153.618 Net book valu• At 31 March 2024 1.216.t141 73.611 1.289,652 At 31 March 2023 .651 22.435 588,086 Page 27 Shekinah Mission (Plymouth) Limited Notes to the Financial Ststements for the Year Ended 31 March 2024 16 Flx•d awt Snv•stmÈnls Charity Shares In group undertaklnys •nd partlelpatlng Ini¢r•sts Sub51dlary und•rtaklngs Total At 1 April 2023 and 31 March 21r24 Provlslon for Impalrnient At 1 April 2023 and 31 Marth 2W24 Net book value . At 1 April 2023 and 31 Marth 2Wd4 D•tall$ of und•rtakln Details of the investments ￿ t•knth the c*arity holds 20% or more of Ihe nominal value of any dass of thare caFitsI are as folluw& Country of Ineoryxrttion l*oportlon of voting rlghts arnl shares hdd Llnd¢rt•klng Holdlny 2024 2023 SubsidTrary undertaking shekn.nah Tradin9 ￿fflrted En￿a)d and Wales (krfinwy 100% The principal adivrty ofthe ¢cffiparw is to oFerate a variety of sc¢al enteryises the ctre cty'ecbve5 being to *Jeliver pos￿.¥& financyal, swal. and emrmmentsi impacts. Sub$ldlarles The loss for the finanaal peri&S of Shekinah Trading Limited was £7.189 12023- £22,582) and the. agjregate rnounl of and reserves at tr￿ end ofthe Feriod w8s £27.121 12023- £34.310). P￿e 28 Shekinah Mission (Plymouth) Limited Notss to the Financial Ststements for the Year Ended 31 March 2024 17 Debtors Charity 2024 2024 2023 2023 Trade debtors Prepayments Other debt 183.983 20. 38.195 22,931 22.114 183,983 18,742 37.282 21.714 18,184 242.807 52,902 240.CQ7 43,254 18 credtt0￿. arnounts falling du• *lthln on• y•ar Gvoup 2024 Charfty 2024 21123 2023 Trade credrtors Other taxation and socg¥l se¢unty Other creditors Accrua15 and defèrred In¢une Due to grwp ¢mdertakn'ngs 17.C64 47.674 53.047 118,699 29.113 23.576 211,849 205.660 24.532 14,381 45.446 52,946 114.435 25.851 26.051 212.144 209.8C6 4n.584 2￿,484 494,530 253.059 O*forred lrieome 2024 2023 Group and company Deferred inccffje at l 4)ri12W23 RÈsoure£s deferred in the pericx1 Amounts released from pre¥iou5 period$ 94,132 191.250 92,833 31,380 784,059 21,307 Defer￿d inccffle at year end 192 549 94.132 19 Credltovs: arnounts falllry due after ye4r Group 2024 Ch•rity 2024 2023 2023 Olher low$ 297.5CIJ 297,500 Other loans more than one year are from £277.5CQ advanced frc4n Ptyrncth Crty Council as well as a further £20.C#JO ¢)wed to Plyrnoulh Crty CO￿￿1 for drfferences bets4Een consideration related to Shekinah purchasing Stonehou5e Creek %vhile sellins other prOp￿ty to Ihe courK?l. This loan is secured against the freehdd ofthe SIc￿￿oUse Creek prO￿ty wrthased as above. Page 29 Shekinah Mission (Plymouth) Limited Notes to the Financial Ststsments for the Year Ended 31 March 2024 20 Fundg Balance at 31 March 2024 ealanc• al l AwS12023 Incomlng R•sources rnsourc•s •xpendod Trnn5f*s Unrèstrietsd fund8 General funds Designated fijnds 470.820 575,Q 1.529.984 {1.409.5711 210,855 e02.088 575.CK)O Totsl unrestricted funds 1.045.820 1.529.984. 1.409.571 210.855 1.377.088 Rèstrieted funds Caprtal rtem5 Housing first Resl0rats"ve justsce Greeter dcnatK 189.651 210.855 14.570) 185.081 (210,8551 335.047 20,317 {285.284)" 1,563 20.317 89.854 210,855 Totsl iunds 1.699.425 1,633,049 8al•nce at 31 Mareh 2023 Balance at I A￿1 2022 Incomlng Resour￿9 resources expended Trangf•rs Unrnstrleted funds Gene￿ funds Designated furyls ,339 1.tr2.S 11,278,356) 181.7531 525,C•)J 470.820 575,000 Tot•1 unTe5trid¢d fund$. 618,339 1.282.5￿ 1,278,356 443.247 1,045,820 Restrleted lunds Captsl rtems Hougng fiw5t Leonard stod(5 centre Restorativejustice 584.847 216.233 I395,1￿) 189.651 210.8SS 135.2f￿) 2￿1,819 320.134 -.1140.6381 1297.8311 265.071 7.012 $5,OS3 703.540 443.247 4(KJ.506 Totsl funds 1.419.419 2.CQ8.803 1.981.896 1.446.326 Page 30 Shekinah Misslon (Plymouth) Llmited Notss to the Financlal Statements for the Year Ended 31 March 2024 The 8￿fiC purposes forvknth the funds are to be aFWied are as frlkws.. Designated fiJnt1s are fvnds whith the tn￿tee5 have determined was to te spent on WOFerty by the ch￿"ty. Capital iterns during the Feriod is mad¢ up of th¢ ¥￿￿¢ of ErNJeav(yJ Hwse held vAlhin freehojd WOFety. Housing first re51Fided fuTrJs wwe from a ¢))nlract TW has ended. The ccrtracl was around supporting cornplex iTrJiw(kJd5 rnlo thwr ry4¥n aCC￿￿M0￿atiOTh Restorative justice rèstri¢Xed fvnds we frorn a contract ccffjrnissKJned by ihe OPCC (Office of the Pdice arKI Crime CornmissiC￿erl. The mntract 15 kn SUPF*in9 rest￿￿"￿e lusts.￿ intewb.ons to the wcti'ms of crime aryoss Devon, Comwall and the I￿e of SciUy_ Leonard ¥toc*s ten￿ restricted funds w¥e from a corthct had Tty cou￿4 thch ended 18# ye*. The contract was around providing supFort ￿ a 24 bedded hostel in TW called the Leonard st￿ks Centre. A donth.on was received in the year specffically lor a greeter at the Stonehcwse Creek pro[￿ty, the property was not opened until afte¥ thè ofthe year and so is hdd in ￿stnGIed fiJTrJs. 21 An•lysis i>f not a55•ts b•1￿￿ funds Group Unrestrfcted funds Gener•1 Total funds at 31 March 2024 Tangible fixed asstrts Current assets Current liabilities Creditors over 1 year 1.Ce2,314 1.C69.858 1477,5841 97.51XJ 185,081 70.880 1,267,395 1, 140,7 1477.5841 297.5 Totsl net assets 1633,049 Unrestricted funds Genernl Total funds •t 31 March 2023 fvnds Tangible f xed a5s¢ts Current assets Current liabilibes 142.966 257,540 588.768 1,094,042 23S,484 Totsl net assets 1.045.820 1.446,326 Page 31 Shekinah Mission (Plymouth) Llmited Notes to the Flnancial Ststements for the Year Ended 31 March 2024 22 Analys1• ol n•t lunds Group At 1 April 2023 Financlng cash floths At 31 March 2024 Cash al bar* ar*J in hand 143.209 897,931 At 1 April 2022 Financlng ¢agh flows At 31 PAarch 2023 Cash at bank al￿ in hand 2,032 239,108 1,041,140 23 Pen¥lon and other¥chemes O•flned contrllxrtlon penslon scheme The amount reets3nistd as an wense in rel*"t￿ to defined c)Jnln"troJts"¢)n plans was £22.27812023.' £27.8771. The c¥editor payat4e rdated to the defined con1n.￿l￿￿ at trbe ofthe peric•J was £4,54712023.' nir). 24 Opera￿n9 lease commllments 2024 2023 Within one year Btheen one and five years After five years 18,887 35.715 1,￿0 18,166 41.677 3.000 62.843 25 Related party tranBactlon$ Sh8kw)ah ￿sSIon (Flymwthl Limited is the parent ¢I￿panY of shth.nah Trathng Ltd. At the year end the tharity the wbgthary c4ynFWy £24.53212023.' £25,851). Tlys arno￿t is repayat4e on deM￿d and Th) interest is charged on the ￿ts￿Ing balar￿. During Ihe y￿r £3.6￿(2￿23.. £3,150) tothe thanty by ts trustees ond seniry managernentteam. Page 32