Company RegiStr3tion Number- ¢)4839075 The Charity Registration Number is "_ 01102135 Housing People, Building Communities Limited Report and Accounts 31 December 2023
Housing People, Buildlng Communltles Llmlted Report and accounts for the year ended 31 DeCem1r 2023 Cob)tents Page Charty information Trust¢e8' Armual ROrt Ac¢ountsb)ts' report Fund5 Statom•nts.". Statement of Financi81 Actiwties st8ternent of Financjal PLtI¥Atses- Prior Year StatsTrrt Statement of totsl recognised gains and loss Mov8ments in lunds 11 12 14 RevvatiOft reserve8 Nla Revenue Funds Flxed Asset funds Inrne and Ewdiluro account Sumtnary gf funds 14 Nla 15 14 8•lancg sheèt 16 Cash flpw stst•m•nt Notes 1¢ thè ac¢ounts 18
Housing Perjpie, Building Communities Limtted Crynp8nYAegL%Qn NbET-1)75 Trustees. Annual Report for the ended 31 December 2023 The TruseA Pffew Iheff 8nd•¢oxvts 31 2023, CQrnPN5&5 the DwectO. Rewt VIred bytheccthwwu Ad 2ts. Reference and administrntlve delaOIs rhe chwtyn8me. The lepal narn¢Oft i%- The cMnly Is dso kn1 ty It5 ofwoM9nBme. HPBC. Th¢ ¢hanty is ifi & lVth¥ Errj &W4kn¥lCCEW) wth hBrily numbBr 01102135. ThÈchanly drjas nc4 ony0v810LkndtIb Lry•l•lrurlurn ollh•Gh•rlty Th• ¢hqrity 1sCCnstrLed 08comfwbylThl&l wv•mlng dQcJml th¥rls Vmorwthm OlAsKKbcn syl4thin9 th? rcTrpwy Th• govwniry ent M dsl 21 th2fy)3 Thw• 8r• n¢ re6rtli(B In the Catycf pT0 other Ihan thJ5e Ch•nty Low. 8y operÉhOn ol law. trusw 8re¢eatys underth•CurtkwrfasAL#2fy)8 and 8H thr$Bre iwsiees Under Charib•S kgi4atKYl restyrts. xr41. Ullertth &ynpanyw•J IVS addtw 16 Th* prfneip•l oyw•tiny¥ddrtw eM•llarnl ol thE chala. 377 Slrwt Li¥wfod La 2UF b 8ddreg8'. hptL¢y4uk The offi olthe tharty for Ccffjp8niB5 Act is:_ 25 Manur Ctyjrt Salpsbury Hall Road. Rib¢hesler L8nc8shire, PR3 3XR
ousing People. Bwldlng CLMnmunilies kn"mlted Company RtyJ6trahon 048375 Trustees. Annual Rèport for the year ended 31 D•cember 2023 Tru•teM kn oifi¢e on the dA1•1 rnport¥JWS •PVtr•Td rn... The Re¥wend rtr s C Len4tother W Alhortc KRKW Mlts L F Pow1 Th• lo11th9 Tvw¢gH d9 the y••r•nW31 D•cwther202J'. Appoirrted Yhe R•¥rd Drs C LeJb•ttw M l And¢1 3fy1)4r2024 WA2 N Dtapor BEMM KRKwTh 17m812023 2Z10612023 LFp l thelmstsas rnembwsolthv Lllnty. Objects and a¢dvllles of the ¢haiity rhe purposvs ofth• chaiityas s•toutln fts ooverning doeuin The year fr¢m Authnl 2022.ALw812OTJwastxty rthrity. HPBC submitted Ihe Hnn1 for tr. tOto and rlanniThg pWm1$ sub5equenUy HPBC 0fkyofe5ds helppd lo wt logetrer the Bpphttgbon induding. ifje Q5. 3rtlMleL5. erneand C•¢10r. Thp HPQC and Pnma HI$¥ Grow was egl4lthed bm8. Astgnific4lll 8motsniofHDmeX Fand was IhepWersIuP 5thrtd•ts rvquirementfrom HE and by ty¥ Vay 23. The Iw5tEes ef2 greietul io',he Clue.. Execthiveaswtl LIltrU*S ol harf thai reouirgj to the re5ullsdunng year.
Housing People, Building Communrbe8 Lvnrted
Crrfnpany Registrgb(N4 Numtr£r- 0463W75
Trustées. Annual Report for the year ended 31 December 2023
rhe m¥ln actfvliles Un[rtaken during thè year io fvrth•r th• chartty's pu0 lor
the public benellt.
Soclal Contrlbullon
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Hou51ng People, Building Cornmunities Limited Company Regthlw NLvnber-04839U7S Trustees. Annual R•portfor the year ended 31 tlecèmb•r 2023 Financial rèvlwi Th• eharty's financialposithn at the end olthe year•¥d8d31 December 2023 The finantial p05dkin ofthe charity at 31 December 2023 aThJ t4nporaiwe5 forthe wior PE. 05 more fuliv detaiko In the accounts, can be sUmMwL as IdhM:_ 2D23 N•t Incoffl• 59.4411 Urrf•th¢ied Rewdfu7 FurthBv• 343.4F5 46.843 Totsl Funds 343.475 46.643 Flnanclal rnvlew o11hepltton at Ihe ffvpothg dth. 31 Lknc•mber Z023. The rnoney 9enerai•d frc¢n Ihe SI1¥ •nwet11 HPgC has rw4yJrw to
•v2r•l rnrrfe
Pollcl•s on Ms•r¥•& Tho trustees pdw 15lts have guffthni uiirtSliKled fund5olth•cporry charny Its 8tXMbe$for a penod rncth •wrrt Ihwffjscwe hD5 xxAO eTh¥t4e the dir•ctor•iose 4iwn8Dve fundmg M the Inter perwjd. hasbeen athfftd 2023tr4lwr¥J Condu9 of the aweemetsl Iotvpthe StWlwrysg PrrnR Gr¢w. Avwl•bility and adequacy ofassa¥ of e•¢h ofth• filnds ihe ¢11h•w[Wttwlh fvTnJ l>wio (knknpSIWIk1lhe i¥ that¢ Bs39ts4rEaderytoftdN
Housing People, Building Communitles Llmlted cL¥nkYRegIStrbon Numbw- 0483W75 Trustees, Annual Réportfor the year endad 31 December 2023 Futrjre Strategy A bits 5earrh Is a..Sobn9 In rfftr itsthrtrfy rfftr presS YA)rkingwrth Ira o)unds. htyjgng assoc. dhfjrLWrsab(g1 idenbfy ntial partnwshF6 Ot¥thunthoS Fuiure dsvdoFxrthtsVll a(xve strawi enwrEs thAt HPBC'S Lyyrtfibatr 15 luny ret4nised 8nd mayinvofvelhe (tsity Iwrtile41 r(A&&t •till ¥tsUnngyI AS 8Cn 81rnts and Obje1 HPBC has&soUe8# an 9rtsWWrth (rryn the wlÈsswl crynrnwoty. ThL4AI ahyit lo drnwon o poc4 0fproksQrtal èMpwb•etoo5st Fknir4 ¥Thj¢VcI trqects, 5tren9then 115 I¥t0 thè ¢trnunity4ndofv okw1&S1O¢x10nd and #twythan the Risk Jilthnq its th•dxwth, kr•1 clh8ffaypya Ensunna itsi the n$4B8(ti•tad rden mrted ft¢thr• intothb prcless£ffimfftty totJr•¥L¥¥)n ttéwbe n8•Jed to regLl8rty al Bo¥d rn8et Detalls of The Independent Ex4mlnfrr Clve L 25 Ir Cuurt S3bUry Hall Rox¥J RibEhester Lanozskire PR3 3XR
Houslng PeoF4e. Building eornmunilies Limited C(xnpany Rey1Stran NutntEr- 048575 Trustees. Annual Report for the year ended 31 December 2023 ststennt ol thg Dlrector¥ Tntstee5' R011tti¢9 The th8ritys litssle88 are responble for the eparatic ol the ac£ouDts in accordance %%ith the terms of the Compans Act 20L, the Charibes A( 2011 the Chatilies {ACuj1S an Reports) Re9ulalions 2W8. Nolwithstsnd¥4 the explKit requ&rernerrt the Extanl ststLrtory regulalions,Ihe Charitses IAttounts aNI Re1 2(M)8. to pyepare the fantlI staiÈmènts In accordance Ihe SORP 2005, in dthe lad thaithe SORP 2005 has beén wlhdravm, the Twslees d6teTrnitd lo interwei this p)nsi41 as wuinng Ihom to f¢ cuent besi PTactKe and prepare the acccwts lo Ihe FRS 102 SORP Iststement of Rerornmended fwAccvuntir¥4 Reptj lty cha12$} 2015. las amendEd bythE Bvlleiin iued in Ortober 2018 lo al accwntir#J penods beginning on N after 1st January 20191, IT SORP). . In particu18r. Ihe COmp8n$ Acl 2C#X and charity lawwllret Board ofTrustees lo prepare finanrial 8lalements for each financi81 yew give a tr 8nd Iwr of the 51ate of 8ff8irs of the charty as 81 the end of the financLqI year and of the swpbjs or of the thaity. In epaiing Ihuse finan¢)al statements Ihe Board Is 10:. - lo prepare Ihe accwnls In •crara Unled KingJ¢vn Accounling Prath( (Vrted Kingdfn A(£ountry siandards and W). - suMt4e accwntirvJ p)Iw and awy thern cLy¢sen1fy, - rnake judgnenis And tsts"mate$ th8t ar¢ Rasortable and pru¢lwt'. - prepare the financial Slèlemerfl on The 9tyry concern I unless rt lo presume Ihat Ihe charity iU conlinue in tthirKs5,' . slal• whether pKable yttounting $1sthlofd¥ stements ol recofflmended practsce Th8ve bBen t4kyEd. 5ubpcr fv any matenal departures di$¢b8ed and explaind in fin¥ncu81 staterrnt5.. Thv18w quite¥ th•1 Ihe Iwstees musl noi akyLwe the a¢counls unless IW are sab5fied Ihal they give a tTue and foir vitrw of Ihe statÈ of 8ffaii$ oFtr djarty I1 oflhtr Su8 oi def of Ihe charty lorthe ar. The Trustees ar8 8180 re8wnsth IL¥ maint8inNvJ adequ•te x¢ounlty records vkns¢h thsck)se vrith reasonab accuracy 81 any lirne th• financi81 p)5itk)n oftF thaity a suff1 10 $how and exFAam the chartys transacLws and enaNÈ 10 Ure thai Ihe finan(>al Sl8lernen15 valh the C¢xnpa#s AL and compty with regulwlims rnade under the ChariiE$ Ari. They are also responsde fu safe9uarling the assets cl the charrty and eTh lor tsking rn850naFle strys fL¥ the we¥enticfft aThJ d8Cl aThJ rlher wregu¢arlth. Tho Trustees are also re5pW5lb for IhE connts of the TNstees' rwt. and th8 statutory responsbihty of It I1Jendent XaMIner In rel4D"L Io Ihe Tmstses. wewt ts liftNted to examinltwj the repert and ensuring Ihat, on the la of IhE fEPOrt. Ilve are No material inc1$¢en*s wth tho figures dtsclJsed the ftnanual stalwnents.
Houslng People. Bullding Communitles kn"m¢t•d crnnY RegLslTrtkY7 NumLv-04a75 TrUSts. Annual Report for the year ended 31 December 2023 lfiethod of prtyarallon ol aecounts. Small COMnY prov05ions The fin8nryal 5tal8menls are sei oul w pa9es 11 10 33. The financkql statements have been ryepaTed mpknienting the FRS 102 SORP Istalernent of Recommended Pradice forAccounting Report9 by ChariliBsl 2015. la5 amended by Ifle Iletrn i55U8d in October 2018 an¢J aFWxat)le to tx)untrThJ Per b8gnnirvJ on or8fier 1$1 January 20191. IThe S(XiPI. and in aGror¢Jance ith FinanrJal ReportirwJ Standard 102. These fin8nual stslements have been prepaffed in aCcor¢jdn the rmi%ions in Part 15 of Ihe Comp¥nN Ad 2(K6. 8rWrt lo compar¥es su4.ed to Ihe sma# ¢unpanies regrn. Th18 repryt Ipryo¥ bwrd oftyu&esrn 3 Snbor 3021. The ReverEnd S L•dbetter rgrtorwd Tfutstee
Housing Paople, Building Communities Limited Report of tho IndependEnt Examinorto the Trustees of the trItsb ¢ompany on the accounts I report to Trustees C my eXaln3r ofthE finanual Wl#nerts ofthe tharrtable cLY Dn pages 11 10 33 for the year ended 21 Decwnber 2023 whidt have rKepared In 8ccordantr with the Charibes ALI 2011 (the Artl and with the Finanual Reporring Slandard 102. leffecti¥e 1st January 20161 as modifiBd by FRS 102 SORP Istalement of RecOMnEr Pra¢b lorAtcountirwJ and Reporbng by Chanlie512015. la5 amended by the Bulletin issued In February 20161. (The SORPI. pused ty th8 Charty rrY$s1On in England & Wales ICCFWi , and under the histr Gosl ¢I)nt and acctyjnting polDE5 set on pagÈ 18. R•8pectfv• Mp0¥[bl1[ ofth• TnMlee8 and th8 Indepondeni Exmhr¥nd the b•sl• ofth• roport As de5Crited on page 7, you. the charitable ccryanfs TtUStees, tho are also the Diroctors of th6 Conyany forthe rposes of Cullp8ny law. are responsthle lor the prepar8tKn of the finoTrc4Jl 5ts1ements In 8ccordance w?th the Compan¢es Act 20C6. tF Charrties Acl 2011 and 81 011 8Fplic8ble law United Kwgdom Generally Accepled Accouniipg Pa¢b¢e. applicdlk lo smaler enbbe5. fcffj beiry satssII that Ihe financial statements give a and fwr vivw. The Trustees C$•r that the ¥udit requiremerd of sects.on 144111 Lrf Ihe Charits"es Act 2011 Ilh8 Act) does not apply. and that thèrè Is no reouireryenl In the rwrvendurn 8rwJ artsdes ol the carity for conducting ol an audit, and that the accounts do not require an aJIt In aKdan wth Part 16 of Ihe C¢mpani8s Act 21X)6 and that no momber or members have requested an audit wrsuant lo Secth)n A76 01 the can1#S Ad 2CKfj. As a cowuent%. the Trus1 havè 0cted tho1 Ihe linanwl stateffnts be subieL1 to Indepen(knt examinatKJn. Having 8&ti51i¥d myself tW th¢ fina81 statets required to Èe audrted under any13al promsion. or 0th8M50, and aro elvJit4e for iThjent exarnTraDoTh. it my fesponsthjlity lo.". al exwnine the financtal st8t•rrtnts ol fv Charty Seclion 145 ofthe Ac( bl lollowthe prc¢£dures in the Dire•[ gNen by thè Chanty con189[¥) under secb"w 1451Sllbl of the ACL cl Ststa whether partlar m8tteTr (¥me lo my altention.
Housing People, Building Communities Llmited Bask8 of Indewident Ex4minerfs Staiemwbtand s¢ope of WO u¥Nl8rtaken I report in respect of my exan#nath"on ol tharW finr)a1 staterrts carried out u[ s145 of Ad. In crryiry out my exarnination, I have f(Akwed all the aF¥thcae Thons gNen by th8 Charrty C(mnission under Section 14515llbl ol the Ad 5eits.ng out Ihe dUli ol indepetNletbt exwniner in tefation to ihe conducling of an independeni examinatK)n. An indeperKlent exan#t)n indLkle$ a rwew of the aEcountsry ieEori15 kept by the ch8rilatJe rnmpany and of the a¢counlJrnJ SYSten eryjloyed ty the charIW cowny and a cuwson of th findncrol 5tThts presented those rectsrds. It also trncludè5 crsderOtiOn of ar.y unusual items or disdosure5 In the linanual slalemenis. and s8ekJry explanation5 fr you. as TllteeS. conGeming such mattèrs. The purpose of the examination Is lo establLsh as far as posSie Ihat tlEre have been no breache5 of charity bjislation and thai, on a lest b8sJs of evhleno relevant to the arrhwnts and diureS made, the financ4al stateTrts c¢)rnpty with th8 SORP. The procedures undertaken do not wowde zl Ihe evhlence thatWCAAd requi¥ed tn an audit. infemtDn Supplied by the Trustees In the ¢rAJrse olthe exaTrmnation Is not sublected to 8j11 tests or enquMÈs and doe5 not ver all the rnattÈr$ that an audrtor wouk1 tonsider In arriwrvj al an ryinion The F4anning and CCrI of an 8Lk4it goes beyond the lirnrt8d assurants Ihat an ilopJent ex8rrMnats can pro¥e Conseountly, I do not ekpre55 Bn 8L4Jit opinion on Ihe view grven by Ihe finanrial Slants. and in partiDJ181. 1 express no opinion as lo wheihty Ihe finanual statts gNe 8 Iwe 8r¥J fair vt8w (4 the affairs of thtr charity, and my rèport is Iirrited to tl matter8 8et fAA in the ¥lalwrnni te&. I planne(J and my gxomiThry1 so 08 to satisfy rrrysd thal Ihe ol ts Sndepthsent examination are aclwev&l beforè finalw"ThJ Ihe report I c&tained writien fr( Trustees of am rnateriol matteFs. Ind•pendent Ex4mlnerfg stat•mL ft•port and Optnl Subject lo the limrtations 5ccpe ofmy a5 dElaIle atAM. I have my examin8Ion". aTrd can cgnlirm thèt'.- The accounts ol IhB ccryaryy are rEquired tts te alled urk1er Part 16 ofthe Corrpanie5 Ad 2006,. The account8 are b&ng examined In ihe c?ruJtn5tancEs spÈufd In Regulation 3413llb. and the dale when the Charity CornmissK)n d15pensed wth IhÈ requireTrts loi aj1[ th7der SeLlicfi Sedion 144111 of the Chanties Act 2011 (the Act) vlthg Act was:_ 01 J8nuory 2016 Thi5 15 a report in rÈspect of an ex3Frinabon urylet 145 of the Act and ift 8trord8nce t'rections given by the Charity CLWrnWSSiOn undw serknn 14515llbl of Ihe Aclwthi£ may be sK"cable." and that no matena matters have CAV10 my atteTrti in connÈditin the exarniTratti)n giving Tne cause to believe that any material ¥esFeci_ (yJnting reCrS were not kept in resped ofthe chty as requi1 by Secbon 386 ofthe Corry)anEs Act 2006 Section 130 ofThe ClwtEsAct 2011,"
Housing People. Building Communities Limited thÈ finanual statements do not 8rA¥d wrth Ihose reoyd5". ¢ the firioncial SlatenErrts do rA)l th? icth wuirerneTts ¢ontemiThJ the form and content of ac¢ounts set Dut In section 396 offhe CLryanEs Acl 2{ otheT Ihan any rwuirernent that the Eunts give a Ir and fairf vTh¥. which 18 nc4 a matter wnsKlerwJ a5 Pgrt an erdrrrin3tN)n.' have t been prepared in 3ccorfarKZ vrilh the 8t)J pnncr4es set tyJt in the FRS 102 SORP Istatwt tsf RerX)mMen PrtKe for Accounlir4J arJ Ryrtiry by Chanlsl 2015. la5 arynde(I by the Bulktin Issued in February 20161. h8 SORPI. I have no concwns have crTh arsoss no other rwBttw5 in c{cton wth the exThnation to which attention should bp drawn in this repct in rthr to enab12 a prcw urkr5tanding dthe finanoal staternts to be aChed. Slgn8d-. Ive Lomax- Independenl ExorrAr 2S Manor Court Salesbury Hall Road Ribchester Lwcashire PR3 3XR Thi8 w8$ s9d on 3 Septernbèr 2024
Housing People, Building Communitie8 L•mitod- Statement of Flnancial Activities for the year ended 31 December 2023 Statement of Financial Activille5 (includlng the In¢ome and Expenditur• Account forthe year ended 31 December 2023. as required by the Companies Act 2006) SORP POrY¢T T¢)tsl FundB FUM¥ Funo 2023 2023 2022 Income & EndovfftTents Irryn.. Oonalions 8 Le9Bues Ch8rrtable athe$ Investrrnts Other At 90.219 1.553 283,345 90.219 1.553 283,345 167 76 524 AS Totsi InGomo 375.117 376,117 767 Expendltur• on.. Charrtatde attwrtpes 78.285 78.286 eo.208 Total vxpendhurg 78.286 60,208 Nat Inefll• for th8 y•ar 296.J32 296.832 169A411 Net In¢om• aftvr trAnst•rn A-8-C 2N832 296.832 IS9,4411 N•t rnr)vement In lund• 296.832 296.832 159.4411 Recon¢l1latl of fundJ:_ Total funds brwght lonnr¢ 46.643 46,643 106,084 Tow fund8 cafFi¢d lonrd 343.475 343.475 46,643 The'SORP Ref indir•ted above & Ihe das8rfiLl)n ol incoD in famwl SORP doDJrnents. As reqvired by paragraph 4.60 01 the SORP. the brought forwwd carr& toThvard funds above have I agieed lothe Balance Sheet. A Statement ofT0101 Recr9Dryed G¥ins aThJ Lomes LE indLvJEd as wprThary stsm2nt n these a¢xwrfs. All the prr year transacbons unrestre and no fuvlher3nafv$ 8 wir&Y All activities dwive from contirnring (wati Th• notes attached on page¥ 15 to 30 forni an integral part of these accoun1& All actlvltles derive from continuing operation¥ The notes attached on pages 15to 30 fomi an integrnl part of these account
Housiny People. Building communiti Limitod - Statoment of Financial Activities for the year ended 31 December 2023 Statement of Trrtal RerAbgni88d Gains and Lc8% forth• year Bnded 31 December 2023 2DZ3 1022 Surp1 forthe yeay:. Net ex¢e$$ of inccrfne over expenditure from OfefatKn5 télor8 lax Reale jainlI$se$I on the JTrspos•l olt4n¥ybk assets Realed g8in5 di5pJsaL5 of sockgl in¥estments prouraryThe rel*ed 13,667 283.185 159,4411 296.832 15gh41 N•t Movement In furtds b•loY• w•t 296.832 159,4411 296.832 169.441 The nots• attached on p•ge• 15 to 30 f¢)rm an intsqral part of J¢counts.
Housing Peopl. Building Communities Limiigd - SLtement of Financlal Activities for the yèar gnded 31 Daeèmber 2023 Hou8ing Peop18, Building C¢>mmunities Llmtted - Resources applied in the year ended 31 De¢ember 2023 towanls fixed assets for Charity u¥e.-- 2023 2022 Fund5 gen8rated in the SEaf as teiad in Ihe SOFA Resourc£s applied on lunuiDnal frxed Oth81 aprAIciws of fvnds 296.832 1205.3241 159.44f Is3.6) Net Tesourcès available to fwid ch•iitable actlT¥ftie• 91,608 1113.130 The r•8ourc4s aWie¢J on fixed •$sets for th3rity use WE5Erts the FYoc88(Is of wly dpOSa. Th• not atta¢h¢d on pag•8 15 to 30 forni an tntegTrl p•rt ol these accounts.
Houslng People, Building Communiti&s Lirnited - Stat¢menl of Financial Activltlos for the year ended 31 December 2023 M¢vements in revenue and Capital funds for the year ended 31 Do¢•mb•r 2023 Revenue accumulated fur FuDd• Funds Tthal Funds Zfy2J 202Z AccumLAated bjnds tffwght forM 46.643 108,084 Recogni8od g•ini and It85 befo Iransfers .8 296.B32 159,4411 343,475 343N76 CloslD9 ve¥enu• funds 343A76 343.475 Summary of funds L•tY••r Totsl FuDd• 2023 2tr2J Revenue acrted fvrs 343.475 343,476 Tho nots8 attxFwd on page• 15 to 30 fomi an iniegr¥l p•rt ¢f th98¢ a¢Gount•.
Housing Poople. Bullding Communities Limitod - Stat8ment of F•nancial Activiti08 for thè yèar ended 31 Deeemb?r 2023 Hou8in9 People, Building Communities Umitad Income and Expendrture Ac¢ount for the year ended 31 t>•cember 2023 as rgquired by tho Companies Act 2006 2023 2022 .219 167 Inbre re¥ 1,5S3 78 Olher Irt< 524 Groo• In¢om ITr the y¢arWor• •X¢•w0n .952 767 Exc•piioniit•rn¥." Realise¢ gain$ an Of twy.blo 165 Gr Irb¢om¢ tho ywi I1¥ng •x¢optknnal 375117 787 xpondltur• 78.049 236 99,008 Total exp•Illurn In the y•ar 78285 Net b•lor•t4x In tlllMnclil y•ar (59,4411 Not Incom• 1•X lrtth? y•ar ($8,44ti RrfalN?d 8urpluB tor th• 15n•nclal yé•r 59.441 All activit iJerNe fvLYn Continuu oErat)r Expèrthure ocwnt tr•en to T notes attacd on pJllo8 18 10 33 fo Krt•gr41 part of those accourts.
Housing Peoplg. Bulldlng Communiti¢s Limited- Balance Sheet a5 al 31 DecembeT 2023 Nrrte Ref 2023 2022 Flxed assels Tangible assets 318 78,395 Current assets Stocks B1 3,OCQ 19.157 31,708 Debtors Cash at bank arKI in hand 62.882 337.736 Totsl current assots 403.618 Creditors: amounts f•lUng duè w1th5n onts year 10 C1 15.4611 115,6171 Net current ets 398,157 38,248 396,475 116,643 Creditors." @mwnt8 falling due afier more than one year 11 C2 155,0(I 170,0001 The totsl net assèts of th• charlty 343.475 46,643 The total n¢t 888•ts of th• ¢harlty are fund•d by th• fvnd¥ ofthe charlty. follo:_ Re3trlct•d funds Unrestrlcted Funds Unrestritxed Revenue Funds 14 D3 343.475 46.642 343,475 46,643 ignated Funds Tolal charity funds 343.475 48,643 The'SORP Ref indicated above Is the dasgfic*ion of BalancA Sheet rtern5 a5 sel ryjt in the forna SORP d0ments. As required by paragraph 4.60 ofthe SORP, the brought l(yward and carried foTw8rd (unds above have been agreed to the SOFA. The directOTS are saty5fied Ihat the cOmY is entitled to exempbon frr the rewir8ment to obtain an audit under seGb'on 477 oflhe CLvnpanies A6t 2CK6.
Housing People, Building Communilie5 Limited - Balance Shèet as at 31 December 2023 The rnembers have Th)t required the ¢XxnpY to obl•"n an aLwJrt in accCffdan with Secti 476 ofthe A( rhe directors ackrb0¥edge their resptY.11es for CLYnpty'ng with the requirem15 of the Cornpantes Act 2006 wth respect to accounb.ng records and Ihe preparation da¢wJnts. The finanaa 518temenls have been wepared in aCU¥dan wth the provisions in Part 15 ofthe Ccmp8nies Act 2006. apF4icable to comparmes SL)jed to the small crpanS regime Vda£ts&£ The Rever Dr S Ledbett¥ Trustee Approvéd by the board of inJst6es on 3 Sept8mtw 2024 17
Houslng People, Building Communities Limited Notes to the Aecounts for the year ended 31 December 2023 l Accounting p0cleS Policies relaling to thepro(knction ol the a¢counl& 84sis of preparation and •¢¢outhllng con110 The accounts h8ve bew pare0 on the sccru815 basvs. underthÈ htstorical cost rxmvention. and in accordance wth th8 Finarrial Repryting Standard 10?, leffecbve 1st January 20161 and'FRS 102 SORP (Statemènt Df RèrA)mmendad Pradice for Atcx)unting and R8POrting by ChwitEsl 2015.18s amended by ihe BU{bA issued In Octoboi 2018 and 2pKAicable to all actountsng peri(Kls beginn9 on or 8fter 1st jUary 20191. (The SORPI. pub115hed by the Charity Cornmi5sion In Eng18nO & Wths ICCEWI. affecti January 2016. , arKI in a¢¢ordance vAlh all applKable law In Ihe charitys juri5d¢clion ot rÈgislratiM. except that tharity bos Kep8red the financial 8ts1em8nts tn sccordance with the FRS 10?. SORP Islaternent of Re¢omm8nded for Arujunting and ReportsThJ by Chsritsesl 2015, las amended by the i5$ued in Octc&&r 2018 and appkth to all a(Unng penc#J5 begnIng on or after 181 January 20191, (The SORPI. in preferen to Ihe preww5 SORP. SORP 2crf. which ha5 been withdrawn, noN¥ithstanding Ihe fact that the extant ststulory r8gu18tsons. the CharthÈs IAc£ounts and R8portsl R8gulaboTrs 2008 tefer e>pliutty lo the SORP 2005. Thi5 has been done lo acc with currenl t8t wacb'c8. Golng Concem Th8 tharitabl• activikn.es entirely d8pendenl on conbnuing granl •d and lUntary donatiC5 as 88 tr&ding nues. A5 8 CQnSequen. Ihe gn9 corKern baso deftndenl on the fvture of these Dn¢Lrtain fundiry Stre5. Accordingly, the Trust have oblained forvca5ts and, after rewewing Ihe frnancial forecasts for fvlvre Fenods 10 31 December ?023. Iho Trus¢ees are satssfied thal. ai the tne ol •wrowng the finaThcial ststèments. it Is ¥ppr(yd8t8 to odopt th? go¢pg ee•cwn ba98 In preparing the fin8n(Jal stslments. Cxher than t1 Matters. Tru61eos 8re not 8ware ol any mater1 UnrtaIn85 abcMJl the ¢hanty's abiltty to as a going conce[. Rlgk8 and futsre os•unytrons The rharity 18 8 pJblic benefil errtity and monftors thè risk5 aE500ated ith oflfv chBnty on an ongoing basv. Policies rnlating tp categtvles of income andAnconJe recognitio Nature of In¢om8 Gross inc£e repr85erts Ihe value, net ofYJL a(kled lax ar•J th'scourt rfgood5 womded Eo customers and work carried out in respÈcl of Servi proWd to fJJSt4mws. categleS of Incomv Income is caiegon5ed as inccffle fw exrth8n trdnsacbons Iccffitracl incrynel and income frrn nonxch8ri98 Iran8acti0Th5 Igrf151, in¥esknent incl 8TrJ olhu Mtome. Income from exchange transaction5 1$ te(wed by the charty for9c¢ds QT 5etvw supp11ed under contract or wherè entiuement is Su"eGI to luMIUwbg [rnance la[4d u)r¥Jth"ons. The inc>Jne the thaiity r1veS is approximately equal In value to the 9oc¥Js or services supplEd by d)8nty to the PUFdser. Income from a notrex¢h•nge transaciion is where Ihe chatrty wahJE fiDtn the donor %wthouL prowding eyual value in excharye, and inikn donations ol mtsney. goclls arJ serwce51W gr thOut giwing equal value In exchange
Housing People. Building Communities Limited Notas to the Accounts for the year ended 31 Deeember 2023 Income recog01th)n Income. wheiFEr frcffl eXthae or non exchaThJe tran5athon5, J5 rec(4nised in the statement of finanual actMtie$ ISQFAI on a reVable ba$i5, when a tranSac1K QT ottr e¥ent resutts In an inlxease in the charity's assets or a reduction in its liabile$ and onty when tharty ha5 legal entrtII, Ihe fft¢xwne probabk and can be rneasud reliably. Dividend5 are accrued when th& sheho5 nght trtr letti payment Is established. Incorr subject to lerms and condilw45 whith mLtsl be fflet Wore the tharity Is entit ¢0 thè resourr$ 15 not re¢15ed until thÈ condrtions hav8 been met. All InCots is accounted for 958, befrye deduthry any re18W fee5 or rxBts. Accovnting for del8ffed Incom• and lrtomfr Tr¢eiv8d In •dv•ty wh terms and con(litsons relatsng ro Incorne ha¥e nattjeen or unc%rtainty exists ab to vthelhw thè tharity m¢¢1 any lemis or condilion8 OtherwMse vrilhin its c4ntrol. i10 is wniged bul is deferr&l as a Ii"14"ty until it is probdbFe that the t&rms or CDfKSilions TrpoÉed can be MCL Any granl that 18 $ubpd lo perfrmian¢e-FeJaW Cond( recthd in adan of lIVeng Ihe goods and ¥ervi reoulred by that condi1. ty IS 8ubJ8cl to unmet ¢or%Jrtion5 whdly outswje the rA)ntrc4 01 Ihe roeipiènl thanty, èccounled lor as a I1111ty and shon w th& bkn sh•81 as daferred Inojrne. Delerred Inetync 15 relga$eé lo income in the rwrting perica In lch perforrnvKtrfetated or other p>bJibons that limrt t09Th$110n ale rneL When Income from a gr&nt or donabon has noi Ixn ¢09ned thje lo fv ts)ndits5 applwng ¢0 tho gift being wholty wllhin the control orth8 rwpfi¢ tharity, Il diKI)8•d as 8 c(rJen1 a$8et rf r•teipt of the grènt or donotion 18 probablo once those cenditions are met. WFEre ime rel¥t¢d condition$ are Impos¢d or imptiwj by a lunrr. then the incone L$ 8Fwtsoned to thg lime wiic¥JB con¢ern8d,8nd. where 8wll¢ab. is xcounted for as 8 ILth"b"ty 8TrJ shom ¢M the balary sheet as oeferrad ¢nwm•. When grant5 are rec In 8¢Jvanc ol expendthjre Ihe athvity I1#d by them, bul (here a no gpecffic Ilme relaled condilion5, Ihen Ihe income is n¢X deferred. Any that allm for Ihe recovery by the donor of any vneypeTrJ•1 part of a gr8nt does ncl weverff recognhion of the inccthe conceméd, but a liability to any repayrnenl is ie¢ognised w11 repayment become5 probable. Income trryn legxlo• InCOw from legac is recconisttd vknèn the chhrity h8s suffioerrt een that 3 gffl has been left to them, Ihat whe reqtsl, probate h8s teen granted, the execJJtor Is Sèb5fied that Ihe proFerty In queslion win not be requirpd to salisfy lairns in Ihe eylate. that il is probab thal the amount w41 be by the chatrty. 8rnJ thè amount lo be ieceNad can be e5tsrnatÈd with 5uffic4enl accuracy. aThJ that any ¢wdttions atlacheil to the legw 8re eth8r wthin the contrrA or the charity or h8ve been me.1 Where a payrnth is reCVed an eslate or B nobfiJ as raxvatrAe by thv 8xecJJtors aller the retrn9 date and beforÈ the acoxjnls are aulhon5ed for issue bul it ts rar Ihal Iht pay7nenl h1 been agreed by exeuJtor5 to Ihe end of the reporting period. the the amount conc8rng is treaied as wlusbng evEnl and 4¢(Jued as income In Ihe accounting reIpl is probable VVh8re the charity has establishtrj erTrtiUernent lo a kgacy but there Is uncertaintyas to ihe nouTrt of Ihe payment. detsils of the legacy aredisckssed as a CONirrfJent a55et LFntil ts uiteria lor income recogniton are mel. Where a legacy 18 subject lo Ihe inteTest of a life tenant the kgacy not rec0Jnert 85 unltl Ihe death of the lrfe lÈnHnt If It is doubtful Ihat lull setU8rrnt of a legaw detrtor reced. thÈn an ajjustrnenl ts mpAle to duce the wllount of the legacy debtorènd kgacy int<me rather than Chargjj the ¥uslmenl as ewenditurE in StatÈmenlof F1nanck41 Adivibes 19
Housing People, Building Communities Limited Notes to the Accounts lor the year ended 31 December 2023 Donatsd goods. fatilitie8 and services Don•ted fixtd a880ts are tectyJnLwJ at )Jirenlfair Value. M SI donations are recctyJni5ed as dath"on 1FKome, arKI dèbited to fixed assets. Don•tèd yood8th¥t ar• notfi¥ed are acoyjntwj fot 81418w vthe. yths rt is vac1Cal to liallY mèasure the value of the donated iteffis. In thp absEnce Df any direct OWden of fair valtse of dona18d gc4yJs. ttn a value ss deTrd frcrn the cost of Ihe it¥m to thÈ donor or, in the case al g¢kn48 Ihat are eweded lo be 5LJ. Ihe es&mated resab& ¥8hJe 8fteT thJuGbng any antsGipate(I costs o15aies. If it is waclbcth to measure Ihefa¥ ¥ue of gwys donated lor res. or the c4$1s of v&lualiDfi PUtwEigh Iho benefits. the donalgd gorth arn recltynised as irKcffit sdd. ¥n eqwvalent amourd beiry rtLy)gnwd as 8n expens¢ The costs cfgoods donated lor distribJlv)n to is d8wned to be tsirvolug ofthc6e g¢x8 upon receipt When the goods are distrtÉd frtely or for a nmInal con5Kknalion. Ihen Ihe carying amrwl Is adjusted 81 the lime of sale. to Lhe value at Ihe ol dislnbuticffl and wustml Sh a5 a cost ofd¢yMIIDTr$ madè. Th• corrying amwnt olBny hekd for dtrJ1 •ssessed for al the ret¥)thg date. M donated go(xJ$ dre recognised as donAtson inCcrfr, and dabted to tradmg stock.when trwjins Sttsr is subsequentty sold, or appropnated to m0&t an expense, Ihen the cariyin9 V8lue clthe $loc ts rec¢9nised a$ tyn expen58. In aC[danC wrth the SORP. goods donated for dislnbutioTr to e1clane5. orlor consumpbon by the chanty are Indud•d in 'leg8cies and don8tson5'. Good5 don•W fL¥ re88le are djed In'lncome frw 0th8f ldv The Cost d any stock o19OCJ5 dcffjatsd for dlstrbj1x 0 tnoffio•ries is (Jeemgj lo b8 the fair value of those gifts atth• time of ttir repl. 11 Ihe goods held lo be distrArtwJ froty or a nominal con6hleT3ticffj. Ih6n Ihe carrying amount 1$ subsequently adiu51ed lo reflect the lower of deerned cost atyusled fgr ony Icss of seNc potents81 and replac4rn8nl cost ReFla(ment tosl is the e¢rMtynK o)51 incuired rf (thnty was io replxa th• service potentlol of the d¢n8led gccrfJ5 at rts own eypanst In the m05t mannw. Donatsd 4•rvl¢s and latblitl•• (Incl9 8econded Staff aThJ use ofpfop¥tyl we IndUd in aUnts on Lhe basis of the vahJ ol the 9rf1 to ¢h¢ charity. All donated 5ervicM aTrJ faolit e recoy1) a6 donawi intome when receThBd,IpTovided Ihe value of the grft can be measured relityl and recognised as an expense wth an e9uiélenl value. M8mbeY8hip subs¢rbpYon• The In¢rme and any assatj Gifl Abj or t4kwl8x refund a memtffihw sp'0n receNed by tho charity in the naiure of a gitt, r6 accounted for on ttbè s•ftE basis a5 a dcffiatsw. The income frptn a mpJther5hip suljscripb.on r1v1 by the thanty kn the 5ubscripth.on wrth8ses Ihe rightto 8eNce5 QT benefits is r8cogn&&l as inccthe Irom £han&i4e a£*tIes.
Housing People, Building CommunliSes Limited Notss to the Accounts for the year ended 31 December 2023 Policies relating to expendllure on goods andservices provided lo the charity. Recogniiton of liablYUes and expelIre A liablty, and Ihe relat& eXpendre. is wnised when a legal OT LThstrufve tfv"gab"on exists as a Ye5utt of a past event and when it Is rTh)re li(ely than not that a tiansfef of ecrjnofflic benÈfits be required In 5etUemènt. and when the amount of the obltgation can be measured or felwtyy esl¥n81ed. LiabilI.e5 ariyng from lulure fundity mItments and construdNe clgatiOnS, inc4uding perfornance related grants. where timirya or the amount of the future eXpK+1bjre reguire(I to settle ItrE ci)hgalion a uncertatn. givg nse to a proinsion In the accounts. Wkn is at Ihe ac(xMJnling year end. The prowsioTr 15 Inbieased lo refiect any increase5 in Iiabilitios. and is decreased by Ihe ulilis81ion of arry pro{ within the and re¥ised If any provislon is no lorKJ81 requir. Th8se rnO%wnLS arv chard or rmjiled to the re5Pgctive lunds ano xbwbes to thich tF provIon relates Amocatlng colts to acbvTrtlqs Direct costs that are specffically related lo an aGliW are aNDcal th8t 8twty. Shared di costs and support C05t5 •r& opportsoned Ixtwen activias. The basts lor 8pwtionmenl. ¥thich 18 conwtenty ap[4. and proFrfMkinate to the arm5anCeS, Staffillg- on IhÉ b8si5 of time ynt in partIC0rty. Staffing- on a per capita basis. bèsed on the number dof people empby8d wlhin any partiular a¢tMty. Premlsu r•lat•d coJts- cn Ihe pwrlion of ar88 oc¢w)ied by a Piiilicular actmty. Non $pè¢lfic •uppDrt c18- on the b8sL% of Ihe usage of ie50wceg, in terms of twne taken, eapa¢ity used, requost made or other m&asures Volunt•ér# In accordance wilh Ihe SORP, and in tewnrtion ol Ihedifflctw m ptsong a m(tY val¢Je on th• contribLJtion from volunteers, the ¢onlribJtson ol vohJnleers 18 nol indude4 V1hrIl Ihe Incryne of the charity H¢Mver, the trusie08 value tho nifIcnI ¢onlrilxJbon maoe io ofth& by unpah1 volunleers. Pollele5 relallng to asset4 Ilabilitl•s andprovtslons andotherntter& Fixed A•t In¥tmeNts Fixed a558t inve8tmen15 In quolwj shaTes. trled bcJs. inbtstrnent and swnrfar investrnents are shown initialty al cost upon ar4ul$tiL and at Iher market Val al Ihe b4anr date at the end of Ihe finanlial period. Investment properties afe rK)t deprooated. Fixed a5Sgt imtsts in unlisted equiim we 5hu•m at the balance sheet date al bpst esb'mate ol lhr marfcBt value, whETe practicablè Where vahJaD"on lechnkTrJes are uJnsKJÈTed UnlIa1 or whe. in the opmion of the trusiees. the costs OU9h the benefits to the u3V5 01 the acxwnts. Ihe Inve5trnent ts Induded at C¥)5L and a review 15 undertaken at eath yeare1 as to wthethef the asset strwld ¢Juwn. All gains on ffxed asset in%*51ts. whelher realised cf unrÈ¥tsBd. ar8 1ndll in rrm B4 of Ihe StatempJrt of Finamal Activitie5. 21
Houslng People, Building Communities Limited Notes to Ihe Accounts for the year ended 31 December 2023 Social Investments Any realisetl gain6 or losses on any progrnÈ rÈlaW instment assets are mduded in row A5 of the Statement ot Finanual Athvibes (The SOFA). 9ains olhers(xxal Investrnents, whether rease or untEJisÈd. are induded in rwi 84 01 the StBternent of FinaThial AL#Mbe& IntaNglbh as$•ts Goodwill is bwg wnttev off In eqLJal m8takrts ovw 6ts eslknated e¢emn lrfe of 5 yè8r8. which equate5 to amortisatson al 20% strè4ht line. T•nglI thd assets T8ngible fLKvd as50ts ar• measured 41 Ih8ir Orb381 c05t or 51Wuenl reVa.on, or ildon8W. Is d•sued abov. Cost V8bJe indudeB all costs eypended in bnr¥Jing Iha asset into its interd working cond"0n. Dapraaatiors h88 be•n promded atthe fothm'ng raies In order lo wr41e off tho assets to Ihtyr ¥ntsrJp8W r¢sJL1 val Over Iheir eslimale(J useful Frèehold prwni$es L8858hold premtses Plant and rn%hlnery Motor ¥8hide5 IYA strah1 line 2% Strah1 Iir 24 $tra•3ht line 20% $trai9M line A re9ular annu81 ofthè of a8sel ryalmnI Is underf•ken. A¢¢ounllng for ¢apllxl grants iawd •••t fund& Glfts ol tansible fixed 8ssets or grsnls d 8 Uptal natuwe, gi¥en lor Ihe purposes ot8C4ulrfng speofic asBols to be fuuy utilised In the lurlherance of the ek4ects of the chanty, are (rnltsd to fix¢d assetfvnds after the donated 885el ha5 been reGtrfftd ¢ sum8 h8¥e been propErty ejpended on th¥ restrKt•d puw. Where the tems dthe grft require the charty kn hold the asset 00 an cryolrva ba5 a spBukpurtx)se,'&" then th fix8d as5el so fftat•1 is categorMd a5 8 resired fixed asset fund WhÈr8 the term5 01 Ihe gift are rrEt onc4 bsse¢ ts aT. so 211rMmg the charity to Use the asset ot) 8n unrestricled basls, Induding the ITght to rec the wtKteds of any fuluie Sale of the asset on an tsnrestrict#d b1. th&n thèftted a58el fund so creaw vs categorised a¥ a designaW fixed 355EI funol. When assets are aCqUid for the fvrtherance of charity's ¢'ecis. utilisiry Ihg thitys m unrestricled funds, transfer is Tnade frrjrn unreslricted fvrKls to a desnated fixed asset fvnd. Whether acquired with unf851ridwl w $41cted fund5. the asset at4uirtsl is inilialy shcmn in the b8n sheet at the full cost of acquisits.cn or subsequenl revalua11. As thÈ related assets are depreuared. in 8rdan with the Ia{ .in order to refiect the dimunitlon in the a55e(4 tronsfer 15 made from the relÈvant fixod asset fu15 to ther unre51ricted ot reslncted reven fu5. as appmpriate to the tptms of the girt rfany. Yect of thi5 policy is that the aggregate of all fij a5sethJr¥ts shall equate to the bock valuE of fixed assets In the first year that thiw pohcy w85 adrwted. a transfw lofix&J a5sel funds was made 4uNalÈnt to the net book value of the asset5.
Housing People, Building Communities Limited Notes to the Accounts for the year ended 31 December 2023 Any residual Iiab51ty to the donor an5ing from. f¢x exam, the asser5 hJlure sa, disd05Bd 8s a Ctingent liability unless the eveThl that woukj er repaymènt of the grant prdble in c3se a Iiabilty lor repayment 15 cognised. In50far as Ihls policy l18s to Govemmenl grants and lo lh8 exttslt that il may a departure frrxn the FRS 102 SORP Istaternent of Recommended Pra1 forAcc¢)unting and RworbtNJ by Chariliesl 2015. 18& Amded by the Bullen issued in Octotr 2018 and applicatAe lo al accounting n05 iwinning on u after 1st January 20191. (The SORPI. such ¢kp8rtu is iusbfied on thE has Ihal il is In order to ¢(XXFty vilh SCP. Stock8 and work in progre Stock is ¥alL at tho I0r ol cost and ntrt TealJ58kAg yU0. Dobtor• Debtors arè measured at Iheir verable amwnls at the bAt8nce shoet dale. Cr•dltor8 provilio Trade Creditors ore lgaon$ to pay for wod5 and that h8ve bggn a¢quired in the ordinAry cDur5e Df business frorn 8uppl•rs. Accounts payable da5fied as tJJrTent li111 rf the Charity does not have an unconditional right. 8t the end of the rBPOrting wirJ. lo deler the 5eitknoni for at l¥asl twelve months after the rePOrn9 date, IW arn pr8senled as non •ctsrrenl 11110$. Tr8d6 Creditors 8r• r•cognised In1.81 0¢ Ihe IrwgctKin pri and 5ubsequentty Measu al amortised cosi u6ing the effective Interest me¢hod. FFnanclal In¥trurn¢nts In¢ludlng c15h and b•Dk balanc Finandal assets and I8n?4 Iithlities ar• recc4Jnoed vthen the dlaoty be¢rrn b party to the contraclual Pro$109 of the instwmenL Financial Iiabiliti8s and eqvity In5trumenls a clas51fd a¢wdiTrJ to Ihe 5thtance of Ihe contractual 81rangefflents entsred into. An equity irtslrument Is arry contrad thal a sidUal mlerest in thg assets of charity after dedudjng all of its Iiajlilies. All financial asset5 and liabifils are initialty weasured al Iransac*¢)n price IMdJ1 tr8nsadion o)stsl e¥p1 for those financial 85sets cla$s$f as fair value through Ihe profit and loss. which are inthally measurÈd al fair value (which is nom1811y the transaction price exdudiw trartsackn costs), urb5 the aTharwnent eonstilutes a fanCIng tran5acbrm. the financial assei or finantial lia(Y Is measured al Ihe preserrt value of the fulure paymeThls discowted at a market rate uf interest for a srnlar debt IF1rUMrt 23
Housing People, Building Communities Limitsd Notes to the Aecounls for the year ended 311)ecember 2023 Le88ing and hirp purchase contracts and comnknnpnts Assets under finante lÈas88 ènd hiie pJrtha5e conlratts. whith are those SttianY all the rtsks and rewarLls of IA¥nehlP Df asset have passed to the chanty. are cawtalised in the balance sheel aTrJ depreaated 0r ihBir u5efrJl IlTrs. The coThesporrtJiThJ leasÈ hire wrthase c8.0 is treaknl in Ihe balan sheet as a li&blily. The int8r8St 8lwnenl ol the rental OblJatS is charged io profrt 8TrJ105s accowt period of lea8e arwj represents a con51ant p[qX)nn ol the arKe ofcrfxtal rEpoynnts yJtslandiry. Renlass pa¢d under operatirvJ lease5 are th lo incom8 rm a 5travJhl kn basis overthe lease tsmi. P•nslons . defin•d contri1110 xh•m The carily operat95 a defined Ly>IbUtIOn pension 88. Cmtiitwtions are lo th8 profit and loss a¢Unt a5 they become pay8ble ID aceonl8nc• wth the rules of the sch. Fund Accountlng Unreslricled ftJnd& are for •t ts discretson of truste8& in lurtheTanr of lh• g•neral cfy'ectlS of the tharty. Thero are no gnd¢iwn•nt lu 2 Wlnding up or dl9901ution of th• ¢hartty Sf upon inding up or disg(Aution of Ihe thawty tsre any 8ssels. after th& $8tisf8thon of an dabls and Ilabilit$. the assets represented by aCctVnaled lu1 shall te translwreAI lo scffie other charitable or bodies h8ving similar objects lo th8 chanty. 3 Net wrplus b•forn lax in the fin•nclal year 2023 2022 The rt surplus before tax in the financ4al yeor slated after thwging.- DeWeUatiC of cwned [ed awts Pwsion costs 238 1.39S 200 1,170
Housing People, Building Communities Limited Notes to the Accounts for the year ended 31 December 2023 4 Staff costs ond emoluments SaJ&ry¢osts 2023 2022 Gross Salèrs exdudirMJ truslee5 and key manwnenl persmr Ernploye¢s cwerating costs d defined contnèutian pÈnsion schwnes 55.076 48,879 1,162 2,494 Total 8alarls, wagè¥ •nd Trlated cojts 56.238 51,173 Th• osfvm4t8dequlv•lentnvmberolfullUmv stsff deB4)Nodin in lh• ye•rwas.'. Engaged on tharitabkry ath'bii The •stlmat8dfuN dm• •quhfalentnumb•rofallst•ff emplowl•s above Nwth?r the trustees nor any peraons connoaed ¥Alh Ilm hm lSd any wuneratioTr frun th¢ ¢h•rity or 8ny related entyty, oilher In Iht ojrreni OT pnor wr. S Defined contrlbutlon penslon ¢h•mo8 Th8 cAarity operates a definwj ecntsibutiOTh pEnS pKhne. co3t8 oftti( are shty abo. Any liatsl¢les 8nd assets 0$$11ed ilh the sthTh are under debtors and ¢xdrttys. 6 R8muneratlon arKI payments to Tnt¢es and por50ns cMnect•d wlth them No Irusteeg u per5Crf)s connected ith them receryed any rUneralTrJn fr0 the thaty. or any related enthy. 25
Housing People, Building Communities Llmlted Notes to the Accounts forthe year ended 31 Detember 2023 7 Tangibk fixed assets Motor Vehicle¥ Curtert Ye land at Buldings Fixture8 and Frttings Total Cost At 1 January 2023 Additiws DIspos81s 78.184 6.184 184.36BI 7,377 343 88.619 6.527 184,3681 At 31 De¢¢mb•T 2023 7.720 3.058 10,778 Deprn¢latlo Al l January 2023 Charge the year 7,166 236 10,224 236 At 310ocembeT 2023 7,402 3.058 10.460 Ngt book value At 31 Dvc•mb•r 2023 318 318 At 31 D•¢•mhr 2022 78.114 211 78,395 8 Stocks & VIO In Progrnm 2023 2022 Stocks tth %te 3,000 3.0 3.000 Analy515 of Ihe canylngv•lu• of $loes andww* inprngrtss by•clhlll•s S¢ocks 2023 2023 2022 2022 A¢tivity Divecl chaFilakAÈ 3,0 3.000 9 Debtorn 2023 2022 Trade debtU5 54.103 PrepayrftÈnts and aCCrd (Xher debtor5 457 18,700 8.110 61882 11157
Housing People, Bullding Communities Lirnited Notes to the Accounts for thè yearonded 31 Dèeembgr 2023 10 Creditors= arnounts falling due wlthin one year Accr 2.415 2,833 5,000 2,555 5.229 t)eferred InrJ)Th. imreslricted & de5waied fiJrK15 PAYE. NIC VAT tsxe5 2.819 446Q 16.617 11 CYeilitorB: amounts fa115ng due aftèron• y4or 2023 2022 Olher (Tedilors 70,NJO 12 Incom8 and Expondire account 9u•Miary 202Z At l January 2023 Surplus atr tax ts the year 40,643 2%.8J2 108.083 159.4401 At 31 D•Goff4Jor202J 343.4YS 4&643 13 P4rUGulars of how r11ClIf lunds arn Y•pTrsenl•d by nd IOabllltl•s At J1 0oGembw 2023 TaffjiW8 Fi¥&J Awet8 Cwreni Ass$ Cwient I1OLYlrtS Long T*m Lglth8 318 J.818 15.4611 155,(Wl 318 403,618 14411 313,47$ 943,476 At l Jwuary 2D23 Tot41 Tanglblo Fwad A55¢ts crent Assets Currènt LIabillS LDng Term Lh8bU 78.395 53.865 {15.6171 (70.(OJI 78,395 63,864 170,000 46 46.642 27
Housing People. Building CommunltEes Limited Notes lo the Accounts forthe year ended 31 December 2023 14 Change in totsl funds over the year a5 shown In Note 13 . analy by inilividual fund$ FuThls lknwnént ifi TrnDslera Fnd tavrlod Imm in 2023 lunds 2023 2024 Unrvslrict4d R•venue Funds 46,643 296.832 343A75 Total unre•trl¢t•d and dHignated fund 48.643 290.832 343,475 TolAI charlty lund• 44643 5,132 343AYI 15 An04¥ of movements In fvnd• ¢v•r lh• y••r as shown In N4)ts 14 IrKoM• Exp•rA11Mre In lund¥ 2023 IJ 2023 UnrestrtctedanddSlgn•tfvn... Unrestrided Rey•nue Funds 375.117 178,2851 296.832 374117 17B. 296 831 16 The puw for whieh th• 4$ Unmstrlct8d andd•519nd fvnds... These luThYs are hehj for the Meeng the obiEthves of the tharty. and to ovwje SthÈs for futu xliviThes. and . subject to charity leg1stat1c, arn fr8•frtyn all Testri("ors on their use. Urwtttricted Fu¥xls 17 Uliimats controlling party ThB chanty is under the control of rts1gJal mefythr Every rrMr of Ihe thatty obliged lo co[lbUle such as rnay b2 wuired not eedIng £10 to the a ets of the company in the evenl ol WOLmd up of EJ* ts 3 murhtv. tsrwrthin one yeaT after 01 she 8$e9 lo be a mernber.
Housing People, Bullding Communities Limited Dètailed analysls of iDcom8 and expendlture lor the year ended 31 DeGembor 2023 as requlred by the SORP 2015 Thi5 analysis Is classslfiedby convenÉlonalnominal desciipfrons andnot by activity. Total Donations, Grants and Legacies 18 Income from charStable activltles - TrndTrng Actlviiies Current year Cuvr•rtt ytrar Curmnt ye•r ilnTr8tvl¢t•d Rutricted Totsl Fund¥ Funts Funds PrlorYe8r Total fuods 2023 2025 2022 Prtrnary purpose and anclllary tr4dlng Sale of goc¥Ss and servus In ac£oriJa with the charltl5 ofyects Residential care fees Rent Received Sundry Sales Donation8 and gift6 167 87,607 2.612 2.612 Totsl Prtmry prpO# and aTr¢lllary tr4dkng 90.219 90.219 167 29
Housing People, Bulldlng Communities Limited Detailed analysis of incomo and expenditurn f(ff Ihe sar ended 31 De¢embw 2023 as requred by the SORP 2015 19 Totsl Iv¢ome from charitable activill C¥rwtyw CuThent year Cu•v•ntyw Prior Year UnrEStiictod R••trictsJ Total Funi Funds Tolal Fund• cUtyear 2023 2023 2022 Total Income Ir¢yn thantstrAe IradirwJ 90.219 90,219 187 Total fyom charft•ble acll¥l¢kn• A2 90.219 167 20 Inveytment inc¢m• yfr•r Curyoot y••r Unmstrfctod I1(1•0 Fund8 Prlof Yr Totsi Fund• Total Fun41• 2023 2Q23 Z022 Bank Interest Receivable 1.553 I63 76 Total Invo•lJn•ni Incom 1,65J 1,563 76 21 Other In¢om• and gains Cunent y•w CwTr•nly•*r Cunprtyear Prforywr Tow Fun1• Total Cuff•nt year Funds Fund• 2023 2V23 2023 2022 Summary of Reall$ed Gains Realised gains di5PDsals of tangb Sundry other Incom 283.165 180 283,165 180 524 Tol•l other income AS 283,34S 624 11 Exp8nd+thre on charitablo activities - Charltsble trading GurrBnt yr Cunpnt year Prfr)rY•ar Restrictsd Total FundB Totsl Funds Funds Current Year Funds 2023 2023 Insurance 691 591 717 Total tharitabte tradlng Costs B2b $91 717
Housing People, Building Communities Limited Detsiled anatysis of Income and expendiivre for the year enqled 31 Oec8mber 2023 as required by the SORP 2015 23 Support costs ft>r charltablg aetivilies Clwfqniyear Curr•Myeaf PriorYe•r Totsl Funth T¢AI Fw¥d8 Curnt Yr Z3 2022 Employee costs not In¢lud¢d In dlr•ct¢osts Definett conlnbutson nSIOn costs- Other sa13nes Salaries 1,162 55,076 $5.076 4&679 Pr•mi5es E¥p•ns Rent. Rates ar¥J water Prem15es repairs. renevrdls aThJ maintenanc 72 781 791 Administrati oveth¢ads Telephone Postage and ststionery Travel aTrJ suttsL8tence Marketing StsTrJry expens•s 1.467 1,467 1.OB6 873 3,124 1.129 I.JT8 100 148 873 3.124 249 Prohsslonal f••s widto th• AUdl¢ororlndep0rtExfft1ner In add11k to •udlt •nd ex•mlnètlon fv•s As detaikd in Noie 24 1.7L)J 1.700 Prglosslonal f•espoldto ath<Ys Olhwth•n thè •udltoror ox•mkn•r Profelaal fe89 10. 10,380 4,923 Financial costs Bank charges Deproci¥tion & Arnortoati"on in tolal for the period Loss on disposal of Fixed Assets 236 200 SupportCO8t8 befor• fealloeation n.694 77.694 59.491 Totsl support ¢osts- Current Yr 7T,694 77,694 Sg,491 basis ofall¢)c81 e0St5 t14 l¥llS rd desuthd mJEraLYjyl Wyes All It er1)le Jn the pTrJr ara5 unTe5trKd. 31
Housing People. Building Communities Limited Détailed analysis of In¢¢)me and $xpenditure for th8 ar dad 31 December 2023 as requifgd by the SORP 2015 Adminlstratlve overheads PneSSIOnal f•es paid to the AuiA4lor or In(kpendent Examiner in additlon to audlt and examination fees The basis of allo¢al¢on of costs activitE5 15 descxtjed underaLrounting politiès 24 Other Expondllur- Govemanc? costs Professional fees paid to the Auditor orInpendftnI Examlner In addltlon to •utht and examination fees Cuffwty••r Cuvrent y•w CunvTrt ymr Prforymr Toi•l Tot•l Funds Fund• Funds 2023 2023 2123 2022 Fees to the exarninerf5 fimi 1,7CKI 1,700 1,260 Total addlon¥1 lees Included In •upport costs •t Nol• 23 1.700 1.700 1,260 All the expendilure In the prior year w88 unreslrKled. 25 Tolal Charftsbk •xponditur• Cury•ni>w Cyrrent ypar Cimnt y•31 Prforyui UnrnBtrfcted R¢slrictsd Totsl Fuffld Total Fundi Fuhdl Fund• urrent Year 2Q2J 2023 2023 Total charitable trading costs Total support costs Movement5 in provisions and commitments B2b B2d 591 77.694 591 77.694 717 59A91 B2e Total ¢harItats txpendlth B2 71.285 78.285 60,208 JI the expendTr in the pitor year was UnSIn. PrlorYe•r Prfioryear PFiDr Y• Tota Fund• Prior Year 2022 2022 Total charitable trading costs Total support costs B2b B2d 717 59.491 717 69.491 Total charltsble expenditurB 82 60.208 60.208
Housing P8ople, Buildlng Communilles Limited Activity analysls of Incom¢ and experKlitur• for tho for tho year ended 31 December 2023 Thjs analysls 15 classlfiedty 3cbvityandnotbyconventional nominal dèscriptions. 26 Analysis of incomo by actl¥lty SOFA 2023 2022 Aciivity Income Irom ¢haiitsbl¢ activifr"•s Direu Charitab SX).219 167 •ctlvltl88 90.219 167 Summary of Total Income, hKludin9 the itoms al)ove Charitable activities Investment inc(ne other in¢om• J,219 1.$53 283.345 1fj7 76 524 Totsi Incorno a8 •ho¥m in thè SOFA 375117 767 Cot¢g011•s 011COrne InCrne from exehan9e trans8th.ons 37S,117 767 27 Analy81¥ of charitsble exptrnd5tuT• by act5vlty Actlvlty Sumrnary of ¢hairtablo ¢Mts by activity Dir•ct Support ¢05ts Grant funding of a¢tiviti•s 2023 Totsl Totsi 2023 2023 2023 2022 Trrt41 Direct Chantsb Total Support Costs 78.285 60,208 Totsi charitsble expendiiu 78.285 6D.20 The basis of allotion of costs ttW8en acti"eS 15 uler accountiry Fdicles The breakdown ijf this exFeThJiture by type of$[* liÈ nominal ¢JassrfLqtsonl is detsid In nole 25 33