Company feglstralon number.. 04478819 Charity registration number: 1097n2 P.A.T.H (PLYMOUTH ACCESS TO HOUSING) LIMITED {A ￿MptynY limlt8d by guar8nt6el Annual Report and Fln&nclal Slatoments for ￿ Year Ended 31 March 2024 WESTCOTTS AecovNTAtrITI P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmlted by Guararrtao Financial Stat8ments 31 March 2024 Contents Rgfergn¢¢ aNI Admlnl8trallvo D8t8118 TnJ8t888' annual report (inc¥Jrporatsng tho dlrectof8 reporti 21029 Ind9pondgnl AudltorB' Report 30to35 Statement of Flnand81 Actsvtt Balanee s￿*t 37 Statemont of C￿h FIOWB 38 Not88 to tho Flnandal Statements 39to52 P.AT.H {PLYMOUTH ACCESS TO HOUSING) LIMITED Company Limited by Guarantee Financial Statements 31 March 2024 Referonco and Admlnlstratlve Detalls Charlty Reglstratlon Number 1097772 Company R•glBtratlon Numb•r 04478819 Roglstsrod Olll¢• The HaThvell Centra 2842 Hajwell Court, Westem ApproaGh PlyThoylh Devon PL1 1PY Trusts•• Mr D Mi118r Mr S J Brown (Appointed 27 Jung 2024) Mr K A Chapman (Appolnled 25 October 20231 Mr C M Coldrick M188 J 8è6r Mr C McClell8n Ms J M Laing {Reslgned 25 October 2023) Ms V F Allen IReBlgngd 12 Fabruary 2024) Audltqr Wgglcott8 ISW) LLP Plyrn House 3 Longbrfdge Road Mafsh MS11s Plymouth PL6 8LT Page 1 P.A.T.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Limited by Guarantee Financial Statements 31 March 2024 Trusteg5' annual r•port (Incorporating th• diroctorfs report) -Path Annual Report 2024 Path Annual Report. Apr 23- Mar 24 Path Is an Independent dwrlty supportlng people who are vulneiable to homelessness In Plymouth, Devon. skn1fi￿rt d•v•lgwThffili kn 202>24 We contlnued to Increase the number of tamlly homes we provlde as tÈmpor8ry accommodation (from 15 to 241, worklng lo pr¢wlde hou51ng to local people G We worked wlth p8rtner5 to establlsh a partnèrshlp and successfully tender to provlde refveee Integrot5on and support Iservlce from May 20241 la We have worked on IoAns and grants for capitsl to purch6so propertle5, buylng one and readylng for other5 to help us house more people securely Q Wfth fundlng from DLUHC and Probatlon, we have d?veloped a team to 5UPPOrt people engaged in the crlminal justlce 5VStem to move Into rented accommodatlon. K•y *t•tktloJ 8 480 people evldenced sleepln8 rough In Plymouth 118 new IndlvSduals were accommodated In our temporary accomknodatlon for slngle people G 280 people were sUPPOrted by o Path HISS caseworker 112 households were moved Into tenancle5 by our Prlvate Rented team ¥1 Over £75,tKKI was secured vla benevolent fund5, helplng many cllents In the year. M•M•p Irom tho Dlractor If any one thlng domlnates the year 202312024. It's the Houslng Crtsls. Fundlng from local authorttles ha5 beÈn tight, as austerlty conlinue5, but central government has a150 made funds avallable via stheme5 thal 8reas can bld for, whSch Plymouth has beTrefitted from. So, there is Some important SUPPOrt and lundlng for servlce pfovlslon and Ptymouth has remalned committed to SllPPOrtlng vulnerable people. But the lack of affordable housing has been a huge challenge for u5 and our clients. Page 2 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmlted by Guarantse Financial Statements 31 March 2024 Trustees, annual report (Incorporatlng the dlrectorfs report) We have contlnued providlng temporary accommodation to slngle people, room numbers 5hrfnklng sllghtly as13ndknrds 501d up, and wetookon morefamlly housesto help keep people from bed and breakfast. Housing advice and support cOn￿nUed and we 5tlll managed lo help people secure private and social tenancies. But li was all harder as competition for properties Intensified, prlvate renls and lease costs escalaled and homelessne55 became more norrna115ed. OrgAnlsatlonallyi that helped focu5 our mlnd5 on securln8 propertles, 50 that we could house people. from leaslng to-where we can- buylng. We're happy to borrow money If It helps us thieve what we're here foT. Equally. part of the funding avallable from government was to Support people In the crlmlnal Justlce 5VStems Into prlvate rented accommodatlon, a scheme we have been pleased to run at a tlme when Igs more needed than ever. Fcr the year ahead, that focus on worklng wlth landlords and belng one, ouw5elves, wlll contlnue, knowlng that Stable ac£ommodatlon Is vltal for all of us, an es5ent181 foundatlon In Ilfe. So. whlle stlll provldln8 all the advlce and 5UPPOrt people need and worklng wlth manv partner5 and landlords. we are concentr8tlng on buylng and lea51ng propertles, cn havln8 control of Ib)usln8 that we can then make awall8ble to the people who most need us. Mlk• T•ylor, Dlr•rtor Servlces Revlew, Aprll 2023 to March 2024 a¥h Sle•per Team The Rough Sleeper Team IRST) WOfk5 to reduce and prevent roii8h sbeeplng across the clty In partnership wrth other houslng and 5UPPOrt provlder The team dellveTS early mornlng outreach sesslons on Mon. Tues. Thurs and Frl, locatlng and engaglng wlth those sleeplng on the streÈt. RST alms to create opportunltles for s￿$t81n￿d change and posltive outcome5 by working In partnershlp wtth key agen¢le5 acr055 the Clty. Last year we teamed up wlth 2 PCC Outreach Communfty Connections Officer5 who join the RSTfor Targeted Outreach on Wednesday mornlng5. In 2023124 our team evldenced 480 people sleeplng rough In PlymO￿h, an Increase of 25% on the prevlous year. 400 Male 79 Female 298 had a Local Connertion to Plymouth. Page 3 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Limited by Guarantee Financial Stalements 31 March 2024 Trustees, annual roport (Incorporatlng the dlrector's report) S•v•r• w•ath•r As temperatures plummeted below zero thls year, SWEP 15evere weather emergencv protocol) was actiV8ted on three separate occasions durlng December 2023 and Januarv 2024. Supported by other Alllanee P&rtner5, we contlnued to provide Space for evldenced rou8h sleepers who wanted to come In at George House h05tel offerlng 8 spaces In the dlnlng area, Devonport House offerlng 5-10 spaces In The Chapel. wlth 50me addltlonal Securlty Staff 5UPPOrt funded from the Rough Sleeper Inltlatlve. Plymouth Clty Councll {PCCI offered some tempowary accommodation. whlch w85 SUPPOrted by 'addltloTral pre55ure5' fundlng from 80vernment. The Plyrnouth Soup Run was. as always, act5vely Involved In provldlng food and drlnk for SWEP but doe5 so much more, for whlch we are extremely grateful. Equally, durln8 the hot spe115 we undertook gddltlonal dally outreach se551ons to offer advlce on staylng cool, shaded areas, water and suncream. W••kend flo￿h SJ••p•r S•i•loni We (Path and partners) recogn15e that rough sleeplng Isn't only Monday to Frldgy and weekend sUPPQrt 15 valued. So. the Soup Run led on S8turday and Sunday se551on5 INov- March} at Sheklnah from 9-12. The average attendance wa5 around 22 people each ses510n. each week. The Sessions offer a $8fe quiet space with a￿e$s to breakfast, Showers, clothin8* lean 51eepln8 bag5, Dayrk12r bu5 tickets, emer8ency placements, laundry vouchers, podlatry, Dental School, Headspace, art therapy and someone to talk to. These sesslons are run wlth Plymouth Soup Run Volunteers and would not be p055lble wlthout the support of PCC'S Household support Grant and Sheklnah premlses. Cu• Study A male rough sleeper wlth No FlecouT5e To PublSc Funds arrlved In the UK just before Covld and10st hls employment and pa55POrt. Over 6 fnonth5 RST and PCC worked In partneT5hlp to reconnect back to h15 home country of Uthuanla, whkh wa5 a challenge glven the lan8ua8e barrler5 for both partles and log15t1¢5 of navlgatlng throv8h London. We are experlenced In reconnection throughout the UK but thls was dlfferent. In the short temi, he was placed In temporary accommodatlon to facllltate the reconnectlon. Thls Included travel by bus lo the Uthuanlan Embassy In London for an Emergency Passport. We were unsure if he even return to 8rrange the next l@g of the reconnectlon. We werè thrllled when he dld and arranged bus and fl18hts from Plymouth to Stsn5ted Airport onward to Uthuanla. A few days later the RST received a translated tèxt "Everyone, Steve, I'm already home. thank you very much for your helpi you 811 helped me a lov. Another cllent made a very falr comment to US: "Please don't eall me a rough sSeeper. l am not rough. l am an outdoor sleeper.. March 24 Page 4 P.A.T.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmlted by Guarantee Financial Statements 31 March 2024 Tru8lees' annual reporl {incorporatlng the dlrectorfs report) The MARS (fvlultl ￿efiCy Rough Sleeper) team Is the Intenslve support part of the Rough Sleeper Team. It's a government funded Initlatlve that was establlshed in July 2018, wlth Sheklnah contrlbutln8 a member of staff. The MARS Team adopts Houslng Flrst prlnclples to dellver Inten51ve. on8oln8 one to one support to people sleepln8 rou8h to enable a move Into thelr own accommodatlon. The 6 bed MARS House a5515ts the team to facilltate that by offerlng safe accommodatSon for those wlth Ilmlted or no accommodotlon optlons. In 202312024 61 people recelved Intenslve 5UPPQrt 30 new cases 17 were 5L•PPOrted Into accommodatlon Thls year resklents declded on weekly cookln8 sesslon5 8t thè MARS House. Wlth fundln8 from PCC Changlng Futures, we were able to purthèse K>me cooklng equlpment. MARS C•M Studv l started 5upportln8 D in early 2022 when She w85 51eeplng rough and street be88lng. D lost heraccommodation on Telease from prfson due to1swe5 arlslng afound addlctlon. By meetlng wlth D often and bulldln8 trust and rappofL we were able to talk about the optlons she had and ovÈr Ilme D became empowered. I collaborated wlth various a8encles within the Alllance vthlch sUPPOrted wtth varlou5 access to accommodatlon and addlctlon support. Th15 In¢luded PCC. Harbour. BCHk D became victim of domestk abuse and found out she was pregnant. D moved into 8 Woman's safe house until the baby wa5 born wlth no wlthdrawa15. Mother and Baby now dolng well In an out of area speciallst accommodatlon. Page 5 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmited by Guarantee Financial Statements 31 Marclb 2024 Tru8tee8' annual report (incorporating Ihe directorfs roport) R•s•ttl•m•nt Maya Angelou once satd. The ache for home Ilves In all of us. The safe place where we can 80 as we are and not be questloned.- The Resettlement service PTovldes hou51ng for slngle people who are Sn need of temporary accommodation. A5 of June 2024, it is made up of 18 shgTed houses wlth 98 looms, wlthln the PL4 &nd PLI area ensurlng closè proxlmlty to Plymouth Clty Centre. This ensures that our resldents have access to e5sentlal 5ervlces. A5 part of that, we have two all-female houses, sultable for vulnerable women. People transltlon5ng has been part of thls cohort who have had support In the female house. The team comprlses of slx full tlme houslng workers, Asset and Hou51n8 worker. full tlme Admln worker. wlth two complex needs workers suppoitlng the team and a full tlme Managef. The houses are for people needlng low to medlum support who are c105e to belng tenancy- ready, although we have seen g hlgh r15e of people presentlng wlth need5 that are Tr?re complex. Referrals contlnue to come throu8h the A2A 5y5tem. Th1$ Is 8 platform used to dlscuss support for complex ¢llent5 to Step up to hlgher sUPPOrt accommodatlon Ilke BCH SgIv8tlon Armyi George House or Uvewest serylce5. Thls forms part of Re5ettlemenY5 mcwe on plan for people wlth higher levels of need. Stats for Aprll 2023- Marth 2024 Moit Import•ntty, th• numb•r o1'n•￿ p￿P1• a•eommod•t•d: 118 l.e. In add5tlon to anyone already accommodated by us In Aprll 2023, 118 people moved In to our propertle5 durSng the year. Number of Referrals recelved Number of Indlvlduals assessed Number of lanned move-on5 Number of oun eo le accomrnodated Number of com lex needs su ort move ons 251 204 104 46 29 Page 6 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmlted by Guarantee Financlal Slalements 31 March 2024 Trust••s' annual report (Incorporatlng the dlroctor's report) A*s•t work •Thd rol• As the Resettlement POTrfolio continues to 8row. there Is a need foT 8dded capadty for purchasin8 and leasing house5, and also handing over houses at the end of leases, so have more focus on 855et work and compliance. The Asset and Houslng Worker role wa5 created last year trj support thls proce55. The staff member has taken on managing Resettlement a55et5 a5 the maln part of the role (whllst 5tMI mana8ln8 one property a5 8 Hou51ng Worker). That work has Included: Compllance Purchase of Propertles Handlng Back Properties Utllltles SART Inspertlons The Councll's SART team has carrled out HMO Inspectlons on v8rlous hou5e5 wfthln Resettlement to ensure that they arLb of a good standard and fit for purpose. Reports have come back and repalrs and m8lntenance are underway. Asset Staff has b&ben worklng glongskle thÈ fv18na8er wlth thls t•sl wTrth very p05ft1ve feedback ARE Hom• Prol• 526 p•opl• ￿Ntall•d th• •dvle4 Iln• •nd w•v• fv•n Imm•dl•l• IKuilni •dvle• 41 of these callers were offered a case worker Pago 10 P.AT.H {PLYMOUTH ACCESS TO HOUSING) LIMITED Company Limited by Guarantee Financial Statements 31 March 2024 Trustees, annual report (incorporating the director's report) Advk• IIM ¢￿e study: E E Is a m8n In his 70s who rang the P8th advice Ilne looklng for support wlth movlng. He had experlenced a divorce and had moved into his son'5 flat. However, hb5 son had become abusive and he needed to leave. He was also 5trugglin8 Wlth hls health as he had COPD and Ilmited moblllty, so IlvlTh8 In a block of flats wasn't sult8ble. Durfng h15 flrst appolntment we d15CU55ed his options ènd agreed that sheltered houslng would be best for hlm. I supported him to complete his Devon Home Chobce appllcatlon and t up an appolntment wlth the Councll to complete a homeless approach. He was granted band D on Devon Home Cholce and I completed blds weekly for hlm, as he struggled vAth technology. E was on a baslc Income comprlsed of hls penslon and UC. I supported hlm to apply for attendance allowance, due to hls health condltlons, and thls was awarded. l also helped hlm complete h15 paperwork to recelve pen51on credlts to top up hls Income. Due to hls 50n contlnulng to be abuslve and gettlng E's attendance allow•nce, I SUPPDrted hlm In applylng to Improve hls bandlng. Th15 led to hlm belng granted a band B and, soon after, E wBs offered ac¢esslble soclal houslng. E pald for h15 rent In advance and pgrt of the removals. l applled for grants to pay for hls carpets, the remalnlng removal cost and Glasspool provlded an oven. Wlth the combin8tlon of maxlm151ng E's Income and movln8 hlm into a safe and 8ccesslble propertvfft E Is now safe and Is able to fulty support himsdf agaln. Housln Su ortworkers > 280 people were open to a Path Houslng Support Caseworker durlng the year 3885 pleces of work were recorded as being done lor these cases > 187 cases were closed during the year- 166 were posltlve outcomes. Maln Outcomes at c105ure: a ￿ secured a Prlvate Rented Tenancy and were supported to maintain it 26 Secured a Social Hou51ng Tenancy and were supported to malntsln It 8 were asslsted to malntaln / save thelr current tenanry 9 secured supported accommodation 1 6 secured temporary accommodatlon 2 were supported Into a long stay G3re homes / hospice 8 were Ilvlng wlth famlly or frlends 92 were gNen advlcelsupport and/or referred elsewhere P.￿T.H (PLYMOUTH ACCESS TO HOUSING) UMITED Company Llmited by Guaranto0 Flnanclal Statemants 31 March 2024 Trustees, annual report (incorporatlng tho dlr•Gtor's r•port) Cu• Study. W W Is a tran5 woman on the Aut15tle 5￿ct[￿rn and was referred to Path by the Autlsm SeThlce. W WAS llv1￿ In poor shared houslng and 5truggllng wlth hlgh levds of anxlety around her IK)uslng optlons: knowln8 a sectlon 21 Inotlce to qu￿) wa5 on the way. Once the Sectlon 21 was received we rnade a Homeless Approach. When the tlme came to leave, W was placed In our Resettlement accommodatlon as an alternatSve to 8&8, whlch would have been very Inapproprlate for her needs. Wlth help from another Path 5t8ff member. wè moved W Into Resettlement ourselves In our car, as she would not have managed removal men on her own At that polnt. W5 tlme In Resettlement seemed to bulld her ccnfldence In the 5ervl¢e and the process she was golng through. W wgs glven a band B, and wlth support from the Autlsm Servlce It was agreed that W would only be able to bld on propertle5 close to tho clty centre a5 She Is unable to Use any fo￿ of publlc tr￿SPOrt. Whllst worklng wlth her, It was Identlfled that J had mls5ed 4 year5 of her Severe Dlsablllty Premlum and was ￿Ven a backdated beneflt of over £IOk. After 8 few shortllstlngs. W was offered a truly 5tunnlng flat wlth Wlllow Tree ￿ wlth * sea vlew. Once W moved In, we organlied councll ta& rent payments (HBI, utllltles soclal tarlfF Internet and contents Insurance for her many predous Items. W purchased all she needed for her new flat wlth her backdatèd benefit,. the rèst of It went Into her1SK wlth a couple of trekts hère and thère. Another bl8 155ue w95 the conttnuatlon of her gender afflrnilng treatmernt. A8aln, wlth support from the Aut15m servlce and another rèquest under thè Equallty Act, we eventuallv agreed that her new GP practlce would contlnue her treatment r*her than her reg15terlng ogaln somewhere else Iwlth less than 48 hours to her next treatmenL a chse call). In the ye4rthat I have been worklng with W the change 55 8mazln8 to see, She has Bone from hlEhly anxlous and 5usplclous of all servlce5 to a settled. more confident and tru5tln& happy woman who Is able to articulate with contidence as to what she nEeds. She ha5 a150 made friends with hèr netghbor and thelr dogs and a150 wlth another nelghborwho enjoy5 the same hobbles as W. Pag8 12 P.A T.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Limited by Guarantee Financial Statements 31 March 2024 Trustees, annual report (Incorporatlng tho dirnctorfs report) Cue Study. M M was a veteran on PTobatIC￿ rtaying In B&B funded by PCC. HIS probatlon offlcer feferred hlm to the ser¥lce to help hlm tlnd private rented accommodatlon and recelve help wtth deposlt guarantee. M had a multltude of health conditlons that required hlm to h&ve a ground floor flat ènd was experlenclng PTSD from h15 tlme In the army. Ground floor, accesslble prlvate rented propertle5 are rare and when comblned wlth beln8 on probathon ond having location llm1tatk￿s, almost Imposslble to flnd &nd Secure. M had an assessment wlth HISS and I created a support plan wlth hlm. M was ¢)nly 8 b4nd D on DHC whlch led to numerous corbversatlons wlth hls Cornmunlty Connettlons offtcer ICCOI, obatlon offlcer, hls GP and adult soclal care to try to Improve M's bandlng due to hls health condltlons and prlorlty need. Durlng thls tlme, the CCO advlsed me that they had dlscovered M had a prevlous soclal tenancy that he had abandoned. I called hls previous provlder and we found out that he had completed a tenancy swap wlth another sodal houslng tenant and had not abandoned the property. However, on the 05109 the Councll found hlm to be Intentlonelly homele55 os he 8ave up the second soclal tenancy to serve 8 custod181 sentence. PCC therefore, suspended all support and gave hlm untll the 15109 to leave hls temporary aecommodatlon and flnd 50mewhère e15etO stay. Due to all othertemporary accommodatlon b•lngfull, hls Int#ntlon•l hom•lass d4dsSon and Atgck of gce•551blo prlvAt4 optlons. M w45 at r15k of belnq homeless and rough sleeplng. M was 5tlll a band D on Devon Home Cholce and weekly blddlng w85 not provldlng a qulck 501ution. The Councll and I both completed an Adult Soclal Corc refcrrol, o bolng on tho rtroet would put h1= heolth ot ri=k ￿ hl: lin needed to be refrl8er8ted and put the publlc at rlsk due to hls convktkjn h15tory. The gdult soclal care team a150 referred thls to safeguardlng. Due to M bel￿ a veteran I contscted the Royal Brlt15h Leglvii, 55AFA OP￿1￿u￿? FuiLllu&, Imjwever riuriv IkKI sullobl¥ aL¢￿illi1￿￿￿1lUI1 lil Plymouth. was assi8ned a 50cla] worker on *he IV09 and Adutt Soclal C4,re were able to extend the dateth at M could stay irh temporary accommodation for two extra weeks 4nd funded the cost f hls B&8 unUI the 2 V09. Durtng th15 tlme, I was still bldding on Devon Horne Cholco foi M. Flnamy, on the 13109, M was offered soclal houslng for a fijlly aceesslbk. one bedroom bung4kJw. Pago 13 PAT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmlted by Guarantee Financial Statements 31 March 2024 Trusto•s' annual report (Incorporatlng the dlrectorfs report) As I was already In contact wlth SSAFA, they were able to fund the complete Set up of the new ten4ncy, provlding M h15 bed, ffldge. oven and wa5hlng machlne and tumble dryer. M was able to pay the rent In advance and carpet hlmself and moved Into h15 new property on the 05110, l as515ted M to Set up all hls bllb and M Is now set up and happy In hls new home. It provldes Ihe stsblllty he needs to continue tn hi5 rehabilitation from prlson, provlde5 future securlty for any health changes as ivs fully accesslble and glves hlm the opportunEty to Start a new, better Ilfe. A •think Yo￿ from • dl•nt; & We Just wanted to wrlte some word5 to expre55 our hearttelt thanks for all that you have done for both of us. You won't really underst8nd how much your help and 5UPPOrt has made an Impact and rnade 8 dlfflcult tlme much easler for us. We wlsh you all the best for your future. P•th AST Su The Path AST Support Servlce started In JAnuary 2022 and the support workers have been workln8 wlth the tenants of the 2 tenanted HMOS that Path owns and another 2 tenanted HMOS that Path lease5. They have also Ilnked In wlth Path's tempDrary accommodatlon to 5UPPOrt people movlng on from there Into the Path AST house5. È Durln8 the year. 63 people were supported by the team to malntaln thelr tenancles 0 move on into a tenancy. 2750 pleces of work were recorded for these people 51 cllents moved from the 5ervlce durSng the year 16 moved on from Path temporary accommodatlon Into Prlvate Rented Tenancles 6 moved on from Path temporary accommodatlon lrto Soclal HouslnB 0 6 were supported to malntaln thelr Path Private Rented Tenancy 4 were sUPPOrted to end thelr ten4nry posltfvely Imove on to another PR tenancy) 5 25 cllÈnts were open to the servlce at the end of March 2024 P8g8 14 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Limited by Guarantee Financial Statements 31 March 2024 Trustees, annual report (Incorporatlng the dlrectorf5 report) The support provlded Is: Indlvidual, one to one support Bè ne8Otl8ted wlth the person. focuslng on thdr prlorltles and needs, therÈforè be flexlble Pr8Ctlcal in terms of budgetln& m8na8lng utllltle5 et¢, a5 requlred S open, so that tenants may make contact when needed, even If they aré no lon8•r 8ctlve cllents Almed at helplng people sU￿eed In thelr tenancles. be well and participaté In soelety C•1• Studvi I was asked to 5UPPOrt N to move on from Resettlement 50 contacted hlm and he axpl4lned he'd had lots of people 5aySng they are helplng hlm but not dolng much. He has some rent arrear5 from last address and was convlcted of sexual communlcatlon wlth a mlnor. I contscted hls PO to find out about where15 5ult8ble foi hlm to Ilvewlth regard5to the offence. N was open about hls past and talklng about posltlye steps he had taken to move forward. He was volunteerlng and got on well wlth others there. He was keen to move on and start worklng. He 5uspect5 he15 aut15tl¢ and stru88les to understand people 50rnetlmes. would1Ske I bed but can't really afford It. I referred hlm to the TASS team who offered hlm a deposlt guarantee. I complèted a Bloom appllc8tlon form and presented N to thelr worker over the phone. Thev had I house she was happy didn't have chlldren vlsltln& room5 have kitthenettes but shared bathroom5. N vlewed the property and liked It. Rent wa5 £450 so no top up needed. I sent the proposed tenancy form to Bloom and discussed wlth N that he has to pay his own Electrlc and needed 8 washlng m4chlne. I completed a DHP for the RIA and also applled to Roslln Hall for washlng machlne. N had a blt of a wobble about afft)rdablllty and we went to see the propérty agaln tO8ether and went through h15 flnances to 8lve reassufanco. I cont8cted h15 prevlou5 LLtO Bet details of previous rent arrear5 and completed a Vlcar5 RelSef Appllcatlon to pay these off whlch was denled. N has now Set up a payment plan. N moved Into the property aTrd I purchased the washlng machlne and ensured all hls utllltlès and VC were sèt up. N thanked u5 at Path for all that w@ had done, he has found worl Is happy in his flat and is really grateful,. he sald If It wasn't for all the help he h4cI recelved he may have found hifflself reoffending. I pralsed hlm that he had done the hard work and Resettlement had 5UPPOrted the work we did tO8ether. Page 15 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmited by Guarantee Flnan¢lal Statements 31 March 2024 Trustees, annual report (Incorporatlng tho dlrector's r•port) 10 and 15 Hom•s Sdwm•s Worklng In partnershlp wlth PCH, these scheme5 offer wrap around supp)rt to households struggllng to move on from temporary accommodatlon and vtho would struggle to Ilve Independently. Household5 ore nomlnated by thelr temporary accommodatfon 5UPPOrt worker and Path and PCH begln worklng wlth them to flnd 8 sultable property. Lots of 5UPFM)rt Is done prlor to someone movln8 Into • propevty and up to 12 months jupport Is provlded afterwards. 10 Hom•s- for thile pe•pl• > We recelved 15 nomlnatlons durlns the year. 4 Moved Into o PCH property through the Scheme. 7 nomlnation5 remain open at the end of March 2023. > 3 people came to the end of thelr support perlod 2 of whlch malntalned thelw tenancles. > 7 people were housed and belng supported 8t the end of M8rch 2023. 15 H•m•i-for l•mlll•• > We recelved 23 nomlnatlons durlng the year. 12 famllles moved Into a PCH property through the scheme. 10 nomlnatlons remaln open 8t the end of March 2023. > 14 famllle5 carne to the end of thelr support perfod, 13 of whlth malntalned thelf tenanc1è5, 1 moved to London. > 4 famllle5 were housod and. belng supported at the end of March 2023. CM• Study; H BCHA nominated H, a 51ngle mum of three boys to the scheme. She was Ilvlng In temporary accommodatlon after fleelng DVvAth her 3 boys-one of whlch hasASD. They had been In 4 dsfferent temporary accommodatlon placement5 slnce fleelng whlch was taklng Sts toll on the fAmSly fln8nelally (H works part-tlme) And mentally. I met wlth H and tslked to her about the Scheme, fllled out the paperwork and looked Into relevant benevolènt fiind5. H then met wlth the PCH SultabS15ty Offker who agreed she was 5ultable forthe schemè. We gathered all her documènts and started the process of fillln8 Out fund applicatlons. Page 16 P.A.T.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmlted by Guarantee Financial Statements 31 March 2024 Trustees. annual report (Incorporatlng the directovs report) H wa5 due to have an operatlon and would not bein8 able to Use her hand for movlng ff dlrect match came up- whlch It dld shortly afterwards in an area she was comfortable with. l applled for her DHP when I recelved her offer letter. The property move was delayed slightly and PCC then advlsed me that she had to Thove from her temporary accommodatSon Ir)to B&B whlch H was very nervous gbout but we d15CLsssed thls and It worked well. On H'5 518nlng day, we set up a Dlrect Deblt for her rent and contarted repalrs concernlng flxing the gate. We arran8ed removals for the Same day a5 the sl8nln& we went to H's mum'5 place flrst to plck up stored Items and then went to the temporary accommodailon She wa5 5taylng to plck up the rest of her personal belonllngs. I seeured a donated Ito P•thl wfa wlth wardrobes and a desk of drawers for her. H got 8 8a5 oven from a frlend whlch l arranged to be profe551onolly Installed the next dav. l arranged for 8 double bed wlth a mattre55 to be dellvered frcm the Reuse project and frldgÉLfreezer wlth a mlerowave from Curry's. Spoke to the chlldren's storehouse {Vlneyardl, and they klndly ga¥e some beddlng covers for the f8mlly. Glasspool wovlded a wa5hlng niachlne. l applled to HospltalltyActlon forcarpetsand e55entlal Ilvln8 Items and wa5 awarded £1651 for the famlly. 15et up the rest of the utllltles: 88s/electrlclwater and cr the week after. H Is thrlvln8 In her new home after a perlod of unsettlement. H gave a card to the PATr1 Farnlly Hou51ng Support Worker and Plymouth Communlty Home5 SuTriab151ty Offlcer and sald thank you for flndlng her a home and that we always made the me for her. E•sylet The alm of Easylet Is to recrultlondlords and thelr propÈrtles on to the EasyLet Scheme 50 that the propertles can be used to house vulnerable homeless households. Landlords {LL5) can have thelr propertyfully managed by PH4L mAna8e it themselves through our Tenant Flnd Servlce., be part of the Syrlan Scheme or be leased by Path. Page 17 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmlted by Guarantee Financlal Statements 31 March 2024 Trustees. annual report linco￿*ratIng th• directorfs report) PH4L Hmos Ourlng thls year we have contlnued our work wlth PH4L helplng them to manage thelr 38 rooms In 7 HMOS. We attend the propertles every 2 weeks to carry oirt communal checks and to offer advlcela551stance to any resldents. Path nomlnates people to these room5 when a vacanerf arises. We nomlnated and moved 5 people Into PH4L rooms durln8 the year HMO landlord5 are really strug8llng wlth costs and 2 of the HMO landlord5 left the scheme durSng the y￿r to sell thelr propertles. I more Is currently up for sale. We have V￿rked wlth PH4L thls year to ralse fents to the new LHA rates for 811 of the HMO propertle5 In the hope that an Incfease In Income wlll encourage LL5 to stay on the scheme. Path A*iw•d Short Hold T•n•n Pro Path AST# We own 2 Hmos and a I bedroom flat and lease 2 HMOS offerlng 26 permanent, aff(xdable rooms for people movln8 on from temp or Tough sleeplng. WÈ movèd 8 people Into our AST rooms durlng thè ￿*r We are currently renovgtlng 4 6 bed HMO whl¢h wlll be ready In July 24 and are In talks wlth LL of a 5 bed HMO whlch we hope to lease In May 24. 8lvlng 11 morÈ permanent rooms. Wo have ralsed our rents to the new LHA rates whlch h8ve made thls scheme much more vlable for u5 a5 8 charlty whllst keeplng the rents affordable for our tenants. E*1 l•t Sln Fund We recelve £20,000 PA to a5515t HMO landlord5 on the Easylet Scheme. Thls money Is Invaluable a5 m8ny HMO landloTds are 51ruggllng fin8n¢lally and leavlng the 5ertow. Thls year we made 83 payments malnly for: paylng o)Y rent arrèars or damage costs. RIA or deposlt money. necessary home improvements to bring propertie5 UP to standard. We recoup anv large expenditsjre from rents. Thls year we spent £49.951A8 *nd recouped £8,647.29. FBrnl L•1sed Pro rtles We have contlnued to Increase the number of leased PTc•pertle5 to use as temporary occomrnodatlon for famllles nomlnated to U5 by PCC. A5 of March 2024, we had 24 propertle5 an inuease of 13 from last year. We moved 19 famllles Into our temporary accommodatlon durlnE the year. Pago 18 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmited by Guarantee Flnancial Statements 31 March 2024 Trustees. annual report Ilncorporatlng the director's report) The prlvate rental market for f8mlly homes contlnue5 to be unaffordable for the malorlty of fomllies that are on a low Income meanlng these propertles are vltal to ensure famllles aren't living in expenslve and Inapproprlate B&B. 4 and 5 bedroom propertles are specifically dlfficult to find In the Prlvate and 50clal housing sector so we have been targetlng secL*rSng some18r8er properties for those dlfflcult to house larger famllle5. We have: 2 ¥ l Bedroom Flats, I x 2 Bedroom Flat, 8 x 3 Bedrocrfn Houses. 7 x 4 Bedroom Hou5e5, 5 x 5 Bedroom Houses and I x 6 Bedroom House 7 famllle5 successfully moved on Into permanent accommodatlon. PH4L F•mill PH4L have had requestsfrom LLS on the Easylet Scheme to Increase the rÈnt5 to market levels th15 year rneanlng fewer proF*rtle5 are affordable for our cllent5. 1 here awe some LLS that keep the rents at affordable leve15 though and PH4L contacts us when a property become5 avèll8ble, and we nomlnate a 5ultable famlly from ternporary accommodatlon. h•n Soh•m• We promote thls scheme to LLS that approach us and LL5 can choose to manage the property themsèlves or have thelr property fully managed vi8 PH4L 6 tenancles are on8oin8 Wlth PH4L and 8 ten•ncle5 wSth prlvate landlords. We support LLS If they contact U5 wlth tenanry related 155ues. Durlng the yL¥ar we had contart wlth one LL whose tenants had fallen into rent arYear5. We 5UPPOrted hlm to make 8 rent account ond found that there were no fent arre8rs but put the famlly in touch wlth START as they were 5truggllng financially. l•t Landlord Fund We Secured £20,CiIO vla a bld to the DPS Charlty In 2021 and use these funds to support 18ndlords with family propertles on the Ea5ylet scheme In a bld to keep them on thp scheme. We made 15 paymerts from the funds thSs year; m8inly for property work5 to brlng them tjp to standard Including a now boller, handrall, mould treatment a new shower. We 8150 support some LL5 with utility costs and rent arrear We spent £9782.63 fr(xn the Landlord5 fund durin8 the year and recouped £23,715.59 from previou5 expenditure. Page 19 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmlted by Guarantee Financlal Statements 31 March 2024 Trustees. annual report (incorporating the directorf8 report) Refugee Inteirntion Service (Rls) RIS wa5 8 multl-agency partnershlp formed of Path. START ODILS ènd PDREC to support refugeès In Plymouth. Thls contract ffln15hed at the end of Apill 2024 (replaced by Plymouth ReséttlÈmÈnt Support Servlcé). Path's work sn 2023124: & Contact5 made and querle5 SUPI)orted vla "vlrtual" drop-ln: 437 & Clients worked on caseload: 60 Cllents helped to Move into tenart1È5 the prlvate rented sector IPRS): 25 A Cllents helped to move Into S¢xlal hou51ng: 13 aknt SUPPOrted Into Resettlernent temporary acc4)mmodatlon: 23 Hom•s Ukraln• Path has been pleased to be a partner In Plymouth'5 Home5 for Ukralne Schernel PTovldln8 full t5rne sUPPOrt worker for h05ts. The role addresse5: • Role of h05t Agreements between h05t and guest5 Guldance for host re boundarles, Use of facllltles etc Medlatlon between hosts qnd guests Understandlng of and access to relevant local 5ervlces Problem-solvlng Understandlng and updallng hosts on relevant government updates Guidance re move on for 8uests In the y•ar. w• support•d 129 hosts. who thern5elves accommodated and supported Ukralnlan famllles. Page 20 P.A.T.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmited by Guarantee Flnancial Statsments 31 March 2024 Trust•es' annual report (Incorporatlng the directorfs report) Prlvate Rent￿ Acc•88 Servlce {PRAS) The Prlvate Rented Access Servlce alms to asslstthose that are vulnerable to homelessne55 In Plymouth, such a5 Ilvlng In temporary accommodatlon, to acce55 accommodatlon In the prlvatè sector. We recelved 456 ieferrals to the 5ervlce over the year. M05t of those referred wlll have had an appolntment where advlce wa5 glven and an gsse5sment done thlnklng about sultablllty And affordablllty of rented accommodatlon. We Ilke to 5tèy In touch wlth referrers and have vlslted other ggencle5 such as the Salvatlon Army• BCHA temporary accommodatlon, Communlty Connectlons, Plymouth Foyer and Lawson House. Mov*ln• Our bl88e5t challenge remalns a low Supply of avallable rental propertles and an Increase In rents. However, we have stlll been able to a5sIst 112 households to acce55 prlvately rented accommodatlon over the year. Moved Sn wlth use of a Dep051t Gu8rantee MovÈd In wlthout theuseofa De Q51t Guarantee 37 22 13 Totsl '.Maln Servlce ASS SeTvlce Peo le Servl 34 71 22 19 Page 21 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmlted by Guarantee Financial Statements 31 March 2024 Trustoes, annual r•port (Incorporating the diroctofs report) 410 Deposlt Guarant￿ were Issued. We have Increased the length of our deposlt guarantee to two yeaT5. Thls mean5 landlord has ¢over for two year5 and tenants have two years to save for thelr awn deposlt. 72 households dld not requlre the use of 8 dep051t guarantee a5funds were Sourced to be able to Pav ) Cash deposit. Our Young People Servlce continues to provlde extra support to those people under 25 to access prlvate accommodatlon. We contlnue to 5UPPOrt Ukralnlan household5 reachSn8 the end of thelr agreement wlth a host to helpthem to acces5 rented accommodatlon. This ha5 included regular drop-lns at START. We contlnue to 85slst those wlth a ststutory homeless duty from Plymouth Cltv Councll. C•M rtu A famlly came to us through Plymouth Clty Councll after they had found a rented property to move to. They had been temporarlly stayln8 In bed and breakfast and the Councll had a statutory duty to as515t them. The famlly Is made up of four adult5. On ieque5t from the Councll the agent offered each member of the famlly a separate tenancy agreement. We pgld cash dep051t frorn the 'famlly fund. we had wlth money we had secured from Barclay5. Plymouth Councll pald the rent In odvgnce frorn thelr preventlon of homelessne55 fund. The famlty m¢)ved Into the property In December 2023. The famlly allowed us to come and v151t the property. The hou5e15 8reat, the famlty gre looklng after the property and It sults them perfectly. With 5UPPOrt from HISS we were able to 8SSiSt the family with Housing Benefft and Unlversal Credit clalms for help wlth rent. eouncll tax support clalms and a penslon credlt c18im. It took whlle for help wlth rent to be set up and the landlord was concerned. We were ableto make payment to help cover the rent tlll rent payments started. The agent alerted us to the fa¢t that Councll Tax had made the landlord Ilable for the councll tax rather th8n the famlly: as the family had 5ep8rate tènancy agreements, councll tax regulatlons stated that the property wa5 a house of multlple occupatlon whlch meaTr5 the landlord Is Ilable for the counc51 tsx. To •Jdress th55. the landlord and agent were very accommodating and agreed to offer the family a joint tenancy. The family accepted and agreed to pay towards the councll tax the landk)rd had been Ilable for. Pagè 22 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmlted by Guarantee Financlal Statoments 31 March 2024 Trustees. annual report (Incorporatlng the dlrectorfs roport) T•ry•t•d Aowmmod•tign Support S•rvlG• ITAS$) Thls year we forrned th• TASS se￿1￿. Thls was with a comblnatlon offundln8 from Probatlon and the governm￿t'S Accommodatlon for Ex-Offender5 scheme. It Is almed at as51stlng people offl probatlon or leavlng prlson to access rented accommodatlon. Our team a150 comprlses the Crlmlnal Justlce Mouslng Optlon5 Worker. based at Plymouth Councll, who as515ts wlth iecelpt of duty to refer cases receSved from pr150n5 or ProbatÉon. Thls year the TASS 5ervkes hos assisted 22 people to acce55 prlv¥te rented accomrnodatlon wlth support to help malnt41n theSf tenancy We h8vLb been ablè to form 8 good rel•tk)n5hip wlth Crimlnal Justlce Servlces. e5peclalty Probatlon G We have regularly attended the check-out lounge at Exeter prlson & We have attended meetlngs, forum5, tralnlng days and groups to help look at accommodatlon optlons for people on probatlon and leavlng prlson & We have been able to hold vldeo calls wlth those In prlson prlor to release The CJHOW role ha5 recelved and processed 190 Duty to Refers to PlYmo￿h Councll We h8vL¥ been able to negotlate wlth landlords flexlbly wlth use of an Incentlves fund for landlords Feedback from Probotlon Practltloner5: ank VOU* you 8b501ute mlracle rnakerlll" °Just got bock from the home vlslL he Is keeplng It clean and tldyi no concems ralsed and currently Is stlll happy where he Is, It was a good flnd from yourself @ ° Page 23 P.A.T.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmlted by Guarantee Financial Statements 31 March 2024 Trusto•s' annual report (Incorporatlng the dIr•cto￿l report) TASS C•M Jtwly We recelved a referred for an IndSvldual In Novernber 2023. on piobatlon for a low-level offen￿, and working for a reputable company in Plyrnouth. He earned a steady w88e, wlth the opportunlty to work overtlme. and wa5 already In a prlyate rented tenancy In a Shared house. He was 8lven a Notlce to Qult as the18ndlord wanted to take ￿er the property due to personal clrcumstance5. The Indlvldual needed some 5UPPOrt wlth property searchlng and some flnancl81 help wlth the Inltlal dep051t and rent advance. l eondurted a telephone assessment wrth him and he lrnmedlately presented as motivated and keen to move on to hls own place- a studlo or a one bed Ilat. He h85 a young daughter who he wlshe5 to be able to Spend more tlme wlth and felt he could do so more comfortably In a place of hls own. He w8S ble to obtaln a posltlve reference from hls current landlord. After a couple of weeks he sourced a flat that he had Ilved In prevlously. before ertdlng hls tenancy to look after a famlly member. He had bulk a posltlve relatlonshlp wlth the landlady and she wa5 happy to tske hlm back Into thè flaL l got In touch wlth the lettlng agent who was managin8 the property and they were happy to accept funds from Path. Our TASS fijnd p8ld 8 £690 dep051t and the flrst month's rent In advance1£6(K)) for hlm and he mt)ved In at the end Jmblnatlon, iff6spectlv6 of whèthèr other as8818 or llablllt+es of the charlly arg assi9ned lo those unils Flnanclal Instruments A ￿ nanclal 88881 or 8 flnandal 118bllSty is recognl8ed only when the entity be¢om•8 a party to th8 contractual provlslons of the Instrument. Baslc financial in81ium6nts are Inlilally rècognlgod at lh8 amount rece￿8ble or payable Includlng ony related Irgn88ctlon ¢osls, unle83 the arrangement constf(utes a financlng Ir8nsacllon, where It 18 cognlsed at the present value of the future payrnents discounted al a m8rkel r8te of Interèst for slmSlar debl Snstrument. CuTh8nl assets and Gurrent liabilities are 8ubsequ8nlly me88ured al the cash or other consldgratSon expoGlod lo bè paid Of received and not dl8counled. Debt Instruments are gubyequently meosured at amorU¥ed ¢ost. Page 42 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Limited by Guarantee Flnancial Statements 31 March 2024 Notes to the Flnanclal Statements for the Year Ended 31 March 2024 Defined contrlbutlon plans ContrfbLrtlons to defined contdbutlon plans ar8 r8cognised as an exp8nse In the period In which tha ralaled sorvlce is providèd. Prepaid contdbutlons are recognised as an asset lo the extent that the prepayment will lead tQ o reductson In future paym6nts or a cash refund. W￿n contrfbLrtlons are not expected lo bo $0tt1od wholly wbthln 12 months of the end of the reporting date in which the employees r8nd8r the relal8d seNice, the liabilty is mèasured on a dlscounled present value basis. The unwlnding of the discount is recognised as an expense in the perlod In which il Brises. Ci•h and cash •qulval•nts Cosh and Gash 8quival8nls ¢omprfse cash on hand and call deposits, and othèr short-lemi hlghly liquid Investments that Bre readily convertlble to a known amount of ca8h and are sublo¢t lo an Inslgnlflcanl r18k of change In value. Borrowings Intgre8t-be8￿n9 borrowings ar8 inibally recorded al falr value, n81 of transaction wsls. Intere8t-bearing borrowings are 8ubsequenliy carried at amortised co$1, w6th the dlfference the procéed3, nel of Irans8Ctlon costs, and the amount due on r8dempllon being recognlsad a8 a choige to tho Statgmant of Financial Aclivllies over the penod of the r91gvant borrowing. Intorest expense is recognisgd on Ihe bas18 of th8 effedve Intere81 method and is Included In Inlarest payable and sim118r charge$. Borrowlngs are clasgM8d a8 currant Ilabllllle8 unless tho chortty has an uncondltlon81 rbht lo defer Sgttiemgnl of thg Ilablllty for al least twèlve months after the r8POrtlng dalo. Fund structurn Unrgslrloled Inwmg funds are 9oner81 fund8 that aro avallable for use at the trustéès discrellon In furtherance of the oblecllves of the charity. Designated funds are unr881rlctsd fund8 set 88lde for sp8cMG purposes at th6 dlscretlon of the Iruslgfjs. Restricted income funds are those donated for u$& in a particular area or for 8peclfic purp08es, the use of which 15 restrlcled lo that area or pU￿OSe. 3 Llmlt8d by guaranto• PATH IPlymoulh Access To Housing) Ltd is a private company Ilmlted by guarantee Incorporated In England and Wales. The registered office is 2842 Harwell Court, Weslem Approach. PIyTnoulh. Devon, PL11PY. In the event of Ihg company bélng wound up, th8 Ilablllty In respect of the guarante& is limitod lo £1 par member of the company. Paga 43 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmlted by Guarantee Financial Statements 31 March 2024 Notes to the Flnanclal Statements for the Year Endod 31 March 2024 4 Donatlon8 and1•gacl•• Unrnltrlcted nd R•*trlct fund Tot•1 2024 DonaknD 11,792 11,792 Grants 68.400 90.897 159,297 171.089 80,192 90.897 Unrn•trlct•d fund8 R08trlct•d nd• Total 2023 Donatlon8 11,938 11,938 Grants 102,677 114,615 224.633 327,310 339,248 224.633 S InGom• from ¢h•rh•bl• actlvftS•• Unr••trlct•d fund• R••trlct•d lund• Totsl 2024 Private Ranlad A¢ce¥s Rough sleeplng HISS Other 9,320 85.900 165,267 738,243 998,730 196,041 205,361 85,900 165,267 738,243 196,041 1,194,771 Unrn8trict•d fundj R•$trlct•d fund¥ Total 2023 Prfvate Ren19d Access Rough sleeplng HISS Other 7,656 77,026 155.000 596,861 836,543 173,744 181.400 77,026 155,000 696,830 1,110,256 99,969 273,713 P8g8 44 P.A.T.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmited by Guarantee Flnancial Statements 31 March 2024 Notes to the Financial Statements for th• Year Ended 31 March 2024 6 Incomè from other tradlng actlvltl•¥ Unr••trleted funds Total 2024 Totsl 2023 Propoty ronlal Sncomé 1,527.070 1.527.070 1,222,297 1,222,297 1,527,070 1.527,070 7 Exp•ndSturo on ¢harltsbl• •¢tlvltle3 Unr••trl¢ted fund¥ R•6trlctod funds Total 2024 Charitable 8cllvlllgS Govèmance costs 2,413,513 13,783 2.427,296 280,388 2,693,901 13,783 280,388 2,707,684 Unre•trlcted fund8 R••trl¢tod fund• Total 2023 Charitable aclivlties Govemance costs 2,039.163 13,335 2,052.498 273,535 2.312,698 13.335 273,535 2.326,033 Actlvlty undgrtakon dlrectly Grnnt fundlng of actlvlty Actlvlty support 2024 Charftable acllvltS95 Govemance costs 2,368,435 325,4fj6 2,693,901 13,783 2,707,684 13,783 2.368.435 325,466 13,783 Actlvlty undertakon dlrgctly Grant fundlng of a¢tlvlty Actlvlty support co$ts 2023 Chftdl#ble 8Ctlvit188 Govemance costs 2,051,741 260,957 2,312,698 13.335 13,335 2,051,741 260.957 13,335 2,326,Q33 Paga 45 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Limited by Guarantee Flnanclal Statements 31 March 2024 Notes to tho Flnancial statomonts for th• Y•ar End•d 31 March 2024 8 Not In¢omo Nel Incomels stated after ChargIn￿{CredI￿n9). 2024 2023 D8preclatlon of tanglble fixed ass8ts 33,393 31,814 9 Tru¥¢•¢a r•munerntlon and exwn• No tru8tee5, nor any per3onB O)nnected with Ihem. have recelved any rgmun8r8tlon from the charfty during the ygar. No tru81e¢s have re¢8lved any relmburs8d exp8n888 from the Char￿ durfro tho year. 10 81•ff ¢o•t• The aggregate payToII coslg wer0 9$ foll¢)w8'. 2024 2023 8taff costs durlng th• y••r YMr•: Wages and salari88 Soclal 88curlty c08ts Pen$lon ¢o$ts 1,137,919 93,176 54,036 1.005,067 88,432 48,516 1,285,131 1,142,015 Tho monthly averagg number of pgrsons (including $9nSor management I loadgrshlp team) employfjd by the charfty during the year expressed as full tlme equlvalents was 88 follows.. 2024 No 52 2023 No Averagg ¢ounl of ¢mployge$ No employee recaived emoluments ol more than £80.000 during th8 yBar12023.. Nill. 11 Audltor3' r•munwallon 2024 2023 Audit of the financ181 $tst8ments 11,445 10,450 Page 46 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Llmlted by Guarantee Flnancial Statemenls 31 March 2024 Notes to the Flnanclal Statements for the Year Ended 31 March 2024 12 Tanglbl• flxed a88•ts Fr•eh?Id prop•rty Flxtur•8 and litting• EIKtrl¢ pool blk•s Equipm•nt Total Co¥t Ai 1 Aprfl 2023 Addl￿on8 1.104,898 370,729 11,754 113.177 5,139 3.253 1.233.082 375,868 Al 31 March 2024 1.475,627 11,754 118,316 3,253 1,608,950 D•pr•clatlon At 1 Aprll 2023 Charge for the 60,137 8.859 107,793 3,147 179,936 24.695 1,810 6.782 106 33,393 At 31 March 2024 84.832 10,669 114.575 3,2S3 213,329 N•t I￿0k valu• At 31 March 2024 1,390,795 1,085 3,741 1,395,621 At 31 Mareh 2023 1,044,761 2,895 5,384 106 1,053,146 Paga 47 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Limlted by Guarantee Financlal Statements 31 Maroh 2024 Notos to th• Flnanclal Statoments for the Year Ended 31 March 2024 13 InV￿tmO￿ts Inv••tm•nl• Flx•d tsrni d•po¥lt• Total Cwt or Valuatlon Al 1 Aprfl 2023 Addhion8 2,844 50,292 50,292 At 31 March 2024 53,136 53,136 N•t book valu• At 31 MarGh 2024 53,136 At 31 March 2023 2.844 All Infonnallon shown abovo Aro hald at vèlualon. 14 D•btor• 2024 2023 Trade dablors Pr8PByTnenlg ond ac¢rued Incom6 Other debtors 97,757 29,847 1,960 129.S64 156,996 34.479 12,555 15 Ca•h and ¢a•h •qulv•l•n 2024 2023 Cash al bonk 357,819 603,836 Pago 48 P.AT.H (PLYMOUTH ACCESS TO HOUSING) UMITED Company Llmlted by Guarant88 Financial Statements 31 March 2024 Notos to the Flnanclal Statements for th8 Year Ended 31 March 2024 16 Cr•dltors: Jmount¥ f8lllng duè within on• y•ar 2024 2023 B8nk10ons Trade credltor8 AccTua18 Oefgrrgd Income Other creditors Dilapidallon accN81 15,682 34,853 3S,758 42.246 13.720 20,000 1S,040 11,533 45,703 107,223 81.S65 162.259 261,464 2024 2023 Deferred Income at 1 Aprfl 2023 Re80urce8 deferred In the perfod Arnounls released from pr8vlov8 perbd8 {107,2231 123,1491 88,126 (327,9461 146,360) 267,083 Deferred Sncome at year end 42,246 107,223 17 Cr•dltorn: amounts falllng duo •fter tsn• y•4r 2024 2023 Bank loans 251,343 266,887 Wlthln bank loan8 and overdrafts la a bank loan that Is secured agalnst the a889ts lo whlch It relalos and Is repayable over 25 years at an Interest ral8 of 3.25V. per 8nnum. In addltion lo the securlty on the loan there Is 8 debenlure comprislng a fixgd and floating charge over all tha as8els and undertaklngs (both present and future) of the Borrower. The other loans were made by Plyrnoulh City Council from th8lr social enlerprlsg fund. Onè loan is unsecured and Is repayable over a maxlmum of eight years on an Snleresl free basis. The olheT loan 18 8ecur8d over the assets to vthlth Is r8lates and is r8payablè over 15 years al an Interest rate of 3% per annum. Page 49 P.AT.H (PLYMoirrH ACCESS TO HOUSING) LIMrrED Company Llmlted by Guarantee Financial Statements 31 March 2024 Notes to the Financial Statements for Iho Y•ar End•d 31 March 2024 18 P•nslonJ and oth•r po$1 rrtlrèmont b•nollt• Dèfined contrlbullon ￿n￿lOn 8chom• The amount recognlsgd In In¢omg or •xp8ndltur• a8 an expens8 In relallon to defined contdbLrtlon plans was £54,036 {2023.. £48,516). At the end of th8 year there was an outstanding pension creditor of £8,99012023.. £8,526). 19 FuDdJ Balanc• al 1 Aprfl 2023 8•1gn¢• at 31 March 2024 InGomlng R••aur¢ r••our¢•• •xp•nded TraTr•l•rs Unr•#trlct•d fund• 1,001,147 2,607.579 12,427,296) {145,8101 1,035,820 D•$lqnated Property malntananc8 Proporty purchas08 Total unro•trlGt•d fund• 18,310 300,000 18,310 31x1,000 1,001,147 2,607,579 2.427,296 172,500 1,353,930 RMtrlct•d fund• Hardshlp funds MARS Private Rentod Access Benevolent Capltal grant 59,251 27,139 64,462 11,006 172,500 20,536 31.000 196,041 39,361 111,3531 {51,290) 1176.260) 141,4851 68,434 6,849 84.243 8,882 172,500 280,388 172,500 286,938 168 408 334.358 Total fund• 133S,505 1522 338 Pag8 50 P.A.T.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Limlted by Guarantee Flnancial Statements 31 March 2024 Notss to the Flnanclal Statements for the Yoar Ended 31 March 2024 Balance at 31 Mar¢h 2023 B•lanca at 1 Aprll 2022 Incomlng r•$ourc•s Re8ourco8 •xpondod Vnrnstrlcted fund8 879,485 2,174,180 2,052,498 1,001,147 R•strlctsd funds H8Td5hip funds MARS Pdvale Rented A¢￿8$ Ban8volenl Capltsl grant 29.241 49,799 50.170 173.744 52,133 172,500 119,7891 123,0311 1169.9381 160.7771 59,251 27,139 64,462 11,006 172,500 60,656 19,650 109,547 498,346 273,535 334,358 Totsl fund• 989,032 2,672.5(￿ 2,326.033 1 335,505 20 Analy81• ot nol a8•Ot• b•tw••n fund• Unr••trlct•d fund• R•itrlct•d fund• Total 2024 Tanglble flxed a8Sgt8 Flxed 8ssel Invastments Cuirenl assets Current li8bilities CredlloTS over 1 y88r 1,395,621 53,136 318,775 1162.259) 251,343 1,395,621 53,136 487,183 1162,2591 251.343 168,408 Total r*t assets 1,353,930 168,408 1.522,338 Unro•trkt•d fundi Ro$trf¢tsd fund• Totthl 2023 Tangiblg fix9d 8889ts Flxed asset inv8stments Current assets Current liabilrties Credllor8 over 1 year 1.053,146 1,053,146 2,844 807,866 1261,4641 266 887 473,508 {261,4641 266 887 334,358 Total nel assets 1.001,147 334,358 1.335 505 Page 51 P.AT.H (PLYMOUTH ACCESS TO HOUSING) LIMITED Company Limlted by Guaranteo Financial Statemonts 31 March 2024 Notes to the Financial Ststomonti for Iho Year Ended 31 March 2024 Unreslricled reserves available to the chartty at the end of the year lotalled £1,353,930 {2023-. 1,001,147). Wbthwi these ar8 18nglble fixed assets of £1,395,621 12023- £1,053,146) and creditors more than a yaar of1£251,343112023: {£266,8871} whlch not readlty transfgrable or dua to be pald In th8 sh¢)rt tgrn. Withln creditors 18ss than one year there Is an amount of 1£62,2461 (2023: £107,223) wthln deferred incomè and the dllapidatlon provlslon whSch aro not related to cash payments due. Thereforg, thg total amount con$idergd to be short t¢m Ireè r888rve8 18 £271,898 12023.. £322.1111. 21 An•tys1¥ of Gh•ngo1 In n•t d•bt At 1 Aprll 2023 Flnanclng cash flows At 31 March 2024 Cash at bank and In hond Debt due wlthln one year D8bl due aftar more than one ye8r 603,836 115,0401 266,887 (246,217) 16421 15.544 357.619 115,6821 251.343 Not debt 321,9)9 231,315 90,594 At 1 Aprfl 2022 FlnJnclng ¢a•h flow• At 31 March 2023 Cash at bank and In hand Dgbl due within one year Debt due aftgr more than one ygar 552,249 135,6681 281,943 234,838 51,587 20.628 603,836 115,0401 286,887 Net debt 87.271 321,909 Pagg 52