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2022-03-31-accounts

REGISTERED COMPANY NUMBER: 04352872 (England and Wales) REGISTERED CHARITY NO: 1101165

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 FOR FAITH IN ACTION MERTON HOMELESSNESS PROJECT

Critchleys Audit LLP Chartered Accountants Beaver House 23-38 Hythe Bridge Street Oxford OX1 2EP

FAITH IN ACTION MERTON HOMELESSNESS PROJECT

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

Page
Report of the Trustees 1 to 5
Independent Examiner’s Report 6
Statement of Financial Activities 7
Balance Sheet 8 to 9
Notes to the Financial Statements 10 to 13
Detailed Statement of Financial Activities 14 to 15

FAITH IN ACTION MERTON HOMELESSNESS PROJECT

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2022

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ effective 1 January 2019.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

04352872 (England and Wales)

Registered Charity number 1101165

Registered office 30-32 Worple Road Wimbledon London SW19 4EF

Trustees (as at date of signing) Mr B Angel (appointed 28/04/22) Mr C Douglas (appointed 19/05/22) Mrs J Freedman (resigned 20/05/22) Dr R N Goodchild (appointed 23/06/22) Mr B McAlister (appointed 06/05/21) Mr R Rawes (appointed 17/02/22) Mr D Reeves (appointed 10/03/16) Mrs P M Southgate (appointed 11/12/14) Ms R Stockman (resigned 08/06/21) Mr J H Tippett-Cooper (resigned 08/06/21) Capt A Wicks (appointed 13/10/14) Dr D Williams (resigned 05/10/21) Mr W G Williams (appointed 22/05/14)

Company Secretary Miss S Codrington

Independent examiner Katherine Wilkes FCA Critchleys Audit LLP Beaver House 23-38 Hythe Bridge Street Oxford OX1 2EP

Bankers

HSBC Bank PLC CAF Bank Limited 46 The Broadway 25 Kings Hill Avenue Ealing Kings Hill London West Malling W5 5JZ Kent ME19 4JQ

FAITH IN ACTION MERTON HOMELESSNESS PROJECT

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is constituted as a company limited by guarantee. It is governed by its Memorandum and Articles of Association, first adopted on incorporation on 14 January 2002, amended on 10 December 2003, further amended by two Special Resolutions passed on 29 April 2008, then further amended by a Special Resolution passed on 11 December 2014 and then further amended by a Special Resolution passed on 19 March 2020.

Organisational structure

Faith in Action Merton Homelessness Project is a public benefit entity whose objects are the relief of poverty and distress in the London Borough of Merton (LBM) and its environs through the provision of information, advice and support to persons who are homeless or vulnerably housed, suffering from adverse circumstances and in need of help in acquiring a settled way of life.

Our Faith in Action Merton Homelessness Project Management Committee currently has nine trustees (as at the date of signing) who belong to the local Merton community or are from local faith communities, and who support the work of the Project. Our officers are: Chair: Grenville Williams; Treasurer: Pauline Southgate; and Company Secretary: Sarah Codrington. The Management Committee meets approximately monthly and is attended by the Project Manager, Senior Project Worker, and a Volunteer Representative.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed, and to ensure that appropriate controls are in place to provide reasonable assurance against fraud and error. These duties are met by a regular review of our risk assessment procedures, by constant monitoring and action taken where appropriate, and by Independent Examination of our annual report and accounts.

OBJECTIVES AND ACTIVITIES

Significant activities

In planning the activities of the charity, the trustees refer to the guidance issued by the Charity Commission with regard to public benefit. In particular the trustees consider how planned activities will contribute to the aims and objectives of the charity.

Our Vision is to be instrumental in transforming the lives of individuals within the London Borough of Merton and surrounding areas who are disadvantaged and/or excluded from the local community as a result of homelessness or vulnerable housing.

Our Purpose is to provide support, information and assistance for ‘hard to reach’ individuals, including those with addictive behaviours and mental health issues, who are homeless or vulnerably housed, and for whom there are currently gaps in public service provision. This is in order to help them to access improved safety, security and well-being and a living environment that truly meets their needs.

We do this by:

FAITH IN ACTION MERTON HOMELESSNESS PROJECT

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2022

ACHIEVEMENTS AND PERFORMANCE

The work of FIAMHP and the Merton Homeless Drop-in it operates were affected by Covid-19-related restrictions during the first part of this financial year, and then by continuing awareness of the need for caution. However staff and volunteers have continued to provide support for the homeless and vulnerably-housed in various ways during this period. Data for this year are not comparable with pre-Covid years.

The team of seven staff consists of: Project Manager (4.5 days), one part-time Senior Project Worker, and five part-time Project Workers including the grant-funded Project Worker specifically supporting the A10[1] service users. Our New Opportunities Worker (NOW) continues to achieve positive outcomes for service users on back-to-work support. A DWP Job Seeker Adviser attends the Drop-In most weeks, and conducts interviews giving support with benefit claims.

Continuing economic uncertainty means that service user numbers are rising. New services are being developed, including greater attention to mental health and wellbeing.

We have worked with other organisations including the London Borough of Merton, Streetlink and St Mungo’s to refer newly homeless people to providers of temporary accommodation, and have helped to provide support for these people. We have also made referrals to statutory services for service users, including housing, social services, drug and alcohol services, and mental health. (Covid-19-related risk assessment meant that Public Health England did not permit the Winter Night Shelter to operate in winter 2021/22, causing further hardship for our service users.) Food has been provided by working with generous donors including Nando’s, Morrisons supermarket, Merton Foodbank, Abundance Wimbledon, the Hindu ‘Vision of Love’ charity, and the Dons Local Action Group (this is associated with AFC Wimbledon football club).

The Project Manager has liaised closely with the Police, local community and partner services to help manage any behavioural issues in and around the Drop-In premises, and these have been minimal during the year, also indicated by the very small number of complaints we received. The staff’s humanity and resilience have enabled those whose behaviour has been problematic to be given a second chance to attend the Drop-In, thereby assisting them and helping to keep them off the streets. The Drop-In has a clear and effective exclusion policy and procedure, and this is utilised when appropriate.

The AGM and ‘Open Evening’ event was held online on 7 February 2022, well-attended by supporters and volunteers.

1A10 Service user – A person from the A10 countries that joined the EU (European Union) in May 2004, including the A8 Cyprus and Malta. The A10 includes: Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia. FiA also includes the A2 countries Bulgaria and Romania who joined in 2007.

FAITH IN ACTION MERTON HOMELESSNESS PROJECT

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2022

FINANCIAL REVIEW

Covid-related constraints meant that there were fewer financial donations from local organisations which usually support our work, and there was a deficit of £52,753 which was covered by financial reserves. FIAMHP is very grateful to continuing donors, and a fundraising campaign is being planned. Expenditure was on budget; it was one-off income from local donors which was insufficient this year. The charity continues to be reliant on ad hoc contributions and regular giving by standing order. We will continue work to promote regular giving and additional income provided by Gift Aid.

The A10 Project Service Level Agreement with the London Borough of Merton (LBM) was renewed for another year. We anticipate that this funding may no longer be provided post-Brexit; however, we intend to ensure we have sufficient funds to continue the employment of this dedicated Project Worker.

Reserves Policy

The Trustees have the following Reserves Policy:

THE TRUSTEES THANK:

The Wimbledon Guild for the provision of office space, a payroll service, and use of meeting rooms – all free of charge; Captain Annette Wicks for her cooperation and understanding in our use of the Salvation Army premises; our staff and volunteers for their enthusiasm and commitment to the project; our donors who generously support the project and enable its continuance.

FiA will continue to monitor and manage the impact of Salvation Army decisions about the future of their current buildings in Merton, including the hall in which our Merton Homeless Drop-In operates.

FAITH IN ACTION MERTON HOMELESSNESS PROJECT

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 MARCH 2022

STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees (who are also the directors of Faith In Action Merton Homelessness Project for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

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

Approved by order of the board of trustees on 3[rd] November 2022

and signed on its behalf by:

Mr B E McAlister - Trustee

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF

FAITH IN ACTION MERTON HOMELESSNESS PROJECT

FOR THE YEAR ENDED 31 MARCH 2022

I report to the charity trustees on my examination of the accounts of Faith in Action Merton Homelessness Project Charitable Company (the Company) for the year ended 31 March 2022, which are set out on pages seven to fifteen.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this period under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity’s gross income was below £250,000. I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.

Having satisfied myself that the charity is not subject to audit under Part 16 of the Companies Act 2006 and is eligible for independent examination, it is my responsibility to:

Basis of Independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Name of examiner: Katherine Wilkes FCA

Name of firm: Critchleys Audit LLP

Relevant professional body: Institute of Chartered Accountants in England and Wales

Address: Beaver House, 23-38 Hythe Bridge Street, Oxford, OX1 2EP

Date: 18 November 2022

FAITH IN ACTION MERTON HOMELESSNESS PROJECT

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 MARCH 2022

Unrestricted
funds
Notes
£
INCOMING AND ENDOWMENTS
Income from generated funds
Donations and legacies
2
111,355
Income from investments
3
1,219
Total incoming and endowments
112,574
EXPENDITURE
Expenditure on raising funds
999
Expenditure on charitable activities
164,219
Total resources expended
165,218
NET INCOMING/(OUTGOING RESOURCES)
(52,644)
RECONCILIATION OF FUNDS
Total funds brought forward
354,062
TOTAL FUNDS CARRIED FORWARD
301,418
Restricted
funds
£
10,000
-
10,000
-
10,000
10,000
-
-
-
2022
2021
Total
Total
funds
funds
£
£
121,355
215,066
1,219
87
122,574
215,153
999
1,124
174,219
167,137
175,218
168,261
(52,644)
46,892
354,062
307,170
301,418
354,062

CONTINUING OPERATIONS

All incoming resources and resources expended arise from continuing activities

The notes form part of the financial statements

Registered Company No. 04352872

FAITH IN ACTION MERTON HOMELESSNESS PROJECT

BALANCE SHEET

AS AT 31 MARCH 2022

Unrestricted
funds
Notes
£
CURRENT ASSETS
Debtors
6
2,028
Cash at bank and in hand
304,668
306,696
CREDITORS
Amounts falling due within one year
7
(5,278)
NET CURRENT ASSETS
301,418
TOTAL ASSETS LESS CURRENT LIABILITIES
301,418
NET ASSETS
301,418
FUNDS
8
Unrestricted funds
Restricted funds
TOTAL FUNDS
Restricted
funds
£
-
-
-
-
-
-
-
2022
2021
Total
Total
funds
funds
£
£
2,028
2,037
304,668
355,720
306,696
357,757
(5,278)
(3,695)
301,418
354,062
301,418
354,062
301,418
354,062
301,418
354,062
-
-
301,418
354,062

The notes form part of the financial statements

FAITH IN ACTION MERTON HOMELESSNESS PROJECT

BALANCE SHEET - CONTINUED

AS AT 31 MARCH 2022

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The financial statements have been prepared in accordance with provisions applicable to companies subject to the small companies' regime under the Companies Act 2006.

The financial statements were approved by the Board of Trustees on 3[rd] November 2022 and were signed on its behalf by:

Mr B E McAlister – Trustee

Mrs P M Southgate – Trustee

The notes form part of these financial statements

FAITH IN ACTION MERTON HOMELESSNESS PROJECT

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) – (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs

The charitable company operates a defined contribution pension scheme. Contributions are paid to the personal pensions of participating employees and these are charged to the Statement of Financial Activities in the period in which they are paid.

FAITH IN ACTION MERTON HOMELESSNESS PROJECT

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

2.
DONATIONS AND LEGACIES
Donations
Gift Aid
Grants
Grants received, included in the above, are as follows:
A10 Service Level Agreement LBM
3.
INVESTMENT INCOME
Deposit account interest
2022
2021
£
£
95,638
185,664
15,717
19,402
10,000
10,000
121,355
215,066
2022
2021
£
£
10,000
10,000
2022
2021
£
£
1,219
87

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.

5.
STAFF COSTS
Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Charitable activities
2022
2021
£
£
122,080
111,903
4,202
3,422
5,971
5,568
132,252
120,893
2022
2021
7
7

No employees received emoluments in excess of £60,000

FAITH IN ACTION MERTON HOMELESSNESS PROJECT

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

6.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Gift Aid
Prepayments
7.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
PAYE/NI
Accruals
8.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
A10 Service Level Agreement LBM (£10K) - all used within the
year to support travel, phones and documentation for A10 users
TOTAL FUNDS
Net movement in funds, included in the above are as follows :
Unrestricted funds
General fund
Restricted Funds
A10 Service Level Agreement LBM
9.
RELATED PARTY DISCLOSURES
2022
2021
£
£
1,330
1,339
698
698
2,028
2,037
2022
2021
£
£
3,551
1,949
1,727
1,746
5,278
3,695
At 1/4/21
At 31/3/22
£
£
£
354,062
(52,644)
301,418
-
-
-
354,062
(52,644)
301,418
£
£
£
112,574
(165,218)
(52,644)
10,000
(10,000)
-
122,574
(175,218)
(52,644)
Net movement
in funds
Resources
expended
Incoming
resources
Movement in
funds

In 2021 trustees made donations of £9,519 to the Winter Night Shelters Project.

FAITH IN ACTION MERTON HOMELESSNESS PROJECT

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

10. LIABILITY OF MEMBERS

The liability of each member is limited to £1, being the amount that each member undertakes to contribute to the assets of the charitable company in the event of it being wound up while he or she is a member or within one year after he or she ceases to be a member.

11. GOING CONCERN

There are no material uncertainties about the charity's ability to continue as a going concern.

12. GENERAL INFORMATION

Faith in Action Merton Homeless Project is a charity constituted as a company and limited by a guarantee. The Charity is registered and domiciled in England. Its principal address is 30-32 Worple Road, London SW19 4EF

FAITH IN ACTION MERTON HOMELESSNESS PROJECT

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2022

INCOMING RESOURCES
Voluntary income
Donations and events
Gift aid
Grants
Investment income
Bank interest
Total incoming resources
RESOURCES EXPENDED
Fundraising costs
Charitable activities
Salaries
Social security
Pensions
Insurance
DBS checks
Telephone
Postage and stationery
Bank/salary charges
Hall hire and repairs
Computer costs and IT project
Staff/volunteer training/expenses
Sleeping bags, clothes and food parcels
Drop-In day costs
Equipment and other drop in expenses
Volunteer and service user travel
A10 non salary costs
Winter Night Shelters
Projects
Membership fees
Governance costs
Independent examiner's fee
Legal
Committee expenses
Total resources expended
Net income
2022
2021
£
£
95,638
185,664
15,717
19,402
10,000
10,000
121,355
215,066
1,219
87
122,574
215,153
999
1,124
122,080
111,903
4,202
3,422
5,971
5,568
911
879
-
-
554
625
67
132
30
2
24,000
25,738
2,547
1,759
972
410
401
11
5,890
3,443
-
-
493
785
1,723
1,211
-
9,519
2,538
-
110
110
172,490
165,517
1,728
1,620
-
-
-
-
1,728
1,620
175,216
168,261
(52,642)
46,892

FAITH IN ACTION MERTON HOMELESSNESS PROJECT

COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2022

Unrestricted
funds
£
INCOMING AND ENDOWMENTS
Income from generated funds
Donations and legacies
205,066
Income from investments
87
Total incoming and endowments
205,153
EXPENDITURE
Expenditure on raising funds
1,124
Expenditure on charitable activities
157,137
Total resources expended
158,261
NET INCOMING/(OUTGOING RESOURCES)
46,892
RECONCILIATION OF FUNDS
Total funds brought forward
307,170
TOTAL FUNDS CARRIED FORWARD
354,062
2021
Restricted
Total
funds
funds
£
£
10,000
215,066
-
87
10,000
215,153
-
1,124
10,000
167,137
10,000
168,261
-
46,892
-
307,170
-
354,062