Company Registration Number- 4839)75 The Charity Registration Number is :_ 01102135 HOUSING PEOPLE, BUILDING COMMUNITIES LIMITED Report and Accounts 31 December 2024 HOUSING PEOPLE, BUILDING COMMUNITIES UMITED Report and accounts for the year ended 31 December 2024 Contents Page Trustoes. Annual Report Statement of dir8Ctors' reSpO￿lbIl￿les Independgnt Examin*s Report Fun(ts Ststements... Statement of Financial Adiviltes Statement of FinancAal Activibe5- Prior Year statement Statement of total reo>Jnised gains and losses mOve￿￿nts in fvnds io 12 14 Incom8 and Expenditu￿ acc£•unt 15 Balance sheet 16 Notes to the accounts 17 HOUSING PEOPLE, BUILDING COMMUNITIES LIMITED Company Regkthtion Nurthr- 4839075 Trustees. Annual Report for the year ended 31 December 2024 The Truslees present their Rew)rt aNJ Aowunts for the ended 31 08￿￿r 2024. whith aL80 comprises the Directors. Report required by the Companies Art 2(￿. Reference and administrative details The charity namo The kgal na￿ ofthe charty is".- HOUSING PEOPLE. BUILDING COMMUNITIES LIMITED The charty is also known by its operating nan*. HPBC The ¢harity is regislered in ETrJland & Wa￿S with ￿ Charity Commission in EThJLirKI & Wales ICCEW) with charity number 01102135 Legal struclure of the charity The charty is Constit￿ed as a company lim[t￿l by guarantee, registered urKler the CompanEs Acts . The goveming docurrEnt of the charity is the Memorandum and Arttdes of AssocIat￿n establishing the company under company legtslation. There are no restridions in the governing d0CuTr￿nts on the opeth.on ofthe Charity or on its inveslmenl powe other than those wnposed by Charity L8W. By operation of law all. trUSt￿S are dire(aors under the Ccrfnpanies Act 20￿ and all drrectors are trustees under Charithes legislatk)n and have resw)nsbilrtw. as such. uThler b)th o)mpany and tharty *isL4tb)n. The trustees are all individuaLs. The principal opgratlng address and w9b addresses of the charity are:_ Elizabeth House Pottery Road WwJan WN3 4EX Web address hptrx.org.uk The registered office of the charity for Companw Ad pUl￿Se$ is:. 25 Manor Court Salesbury HJI Road, Rib(*￿ster Lancashirg, PR3 3XR HOUSING PEOPLE, BUILDING COMMUNrriES LIMrrED Company Regi8trati"on Numter- 483￿75 Trustees. Annual Report for the year ended 31 December 2024 The Reverend Dr S Ledtttter W Atherton K R Kennedy L F Powell D Humphreys P Walker C step￿nSon The following ser￿d as Trustees during thE yearen(kd 31 Decernlw 2024 :. The trustees who served as a trLthe in the Tep)rtiThJ [￿. and. rf applicable, their dates of appoinbment or res￿nab"On during the year vftre'.- The Reverend Dr S Ledbetter W Atherton K R Kennedy M Kitts L F PO￿11 D Humphreys P Walker C Stephenson February 2024 Juty 2024 All the trustees are atso ofthe dEanty. Objects and activlties of the charity The pUry￿e$ of the cha17ty as set out in its governing document The prinupal object of the company is to make afftirdable honM available to pwsons in need. The main activities undertaken in relation to those purposes during the year. Following on from the award-winning KIng$￿Y R(VAtt St and St Bernard's 48 ho￿ devebpments in LNerpooS. work got underway on the St William's p￿iett. Based in Wyan this development wMpT￿ a thurch. P￿sby1ery and ￿nd gifted to the Charity by the LNerpool Roman Catholic ArchdtLx2se. Unijerthe terms of the pathership agreen￿nt the knd with planning approval for 27 new affordab￿ horr￿ was sohj to HO￿n9 Group. HOUSING PEOPLE. BUILDING COMMUNITIES LIMITED Company Regi8trab"on Nuntrr- 4&8￿75 Trustees. Annual Report for the year ended 31 December 2024 The main activities undertaken during the year to further the chaR7tys purpose for the public benefit HPBC offers row inc￿￿ families, who meet the crrteria set by the charity, the opportunty to purthase their own homes on 8 shared equty basts. There i8 no financial down payn*nt r￿ul[ed. Instead. partner families are expected to contribute 5CKJ hours of 'sweat equrtv th* acts as £10.000 tIMards the deposf( by participating in building their homes and tr*ir corrrfnunty. Partner families purchase a share of the property by raising a mrtgage ftom a bank or building socEty. On average the percentsge purchased is over 50%. Whilst Ince is not as ¢)J]turally dNerse as the geogra{th￿l area HPBC has p￿vIOUS￿ operated in, we recognise that diversty comes in many forms and honwartners who s￿￿ed up conk from a variety of backgrounds." dffferent in ages and farruty units wth a mix of ble￿Ied families. n￿re tradrtw)nal famil￿S. Sing￿ parents and indiv*Juals. PTeviousty 65% of the hOrr￿a￿¥S sKJned up were INing in Unsecu￿ pIr￿ate rental housing bwth poor condTtsons, 16% were coupies wÈth young thiklren living in overuo*tsJ conditions and 13% had been served Section 21 "no fau￿ eviction orders. The Klentified needs in this area were for affordable ￿rne owrership op￿rtUnItieS ts IrKal people on h)w i[￿o￿￿S who We￿ den*d a safe and Stab￿ home. Due to the cost-of-INing crtsi%, private rent ￿$ts escalating suni￿ndY and eneryy Lx>sts escalating, it is near tmpOssib￿ for many people in the area to save ft)r a deposit. With 84% of horw?artners working in low PaKI sectors and of this. 42% beirKJ singte parents. we pul in pla measures lo ensure local resklents v￿￿ pmrthsed. ThB has all¢yNed hardworking peopk in vulnerable positions to realise their dream of hort￿er$h￿. The crea*"on of Sustainab￿ ne￿hbou￿orA￿s is of paramount iffportance and to assist thts 1W°A of home- partners WO￿ in the W#3an borough. The redevel0pw￿nt of both the Presbytery arKJ the Church folk)wed a core ethos of Tetain, reuse, recycle. which s*Jnthcanlty reduced embod￿1 carbon across the prqect. This approach alone dNerted over 1.000 tonnes of material from landfill. The new homes benefft fr(¥n sustainable healiry systeffs wthjch contribuie to th8 bngevty ofeneryy efficiency for the new (y)mmunty of ho￿ owne￿. Sustainabilty was further supported by the p￿rIti"Sat￿n of local latrf)ur and malerioL8. Appfoximatefy 850A of trade partners lived within Wa￿Ing distance of the siie, contrtsuting to a svJntfuntly lower ￿rbon footprint. In tot81, the proiett VAII save an estimated 30.000 tonnes of carbon annual￿ demonstrating that thoughfful design, herrta9e preservation, and environmental responsibilty can go harKkin-hand to public benefit. st William's Church arKI Presbytery were ¢Jeemed to be h¢storic bUI￿l￿gS of a hb3h architectural and wmmunal value. Amhough not listed or within 8 conser¥ation area they ¥￿Ie non-desvJnated heritage assets. but the deTelict buiklings and adjacent land had beeffi￿ a target for vandaftsm and ant￿$￿al behav¢our. They were frdlling into di$￿pair and becoming a bb)t on the kjcal Lgndscape. A fUnda￿￿tal aspect of the charity is that it encourages vokjnteers and integrates Ihe sweat equrty elerrtnt. This helps keep costs down and also provides those who give up their time the opportunty to ￿arn new skills, gain conftlenee, rreet new peop￿. boost Iheir Cvs or swnply give sorrething back lo society. Our volunteers are a mix of indivKlua15, Students, corporate volunteers and cormiunty interest and faith groups. They get Involv￿ in nearly all aspects of ¢>)nstruthon under the supervision of our qualrfied staff. Another key ele￿nI of cost reduclK)ns are dOna￿fts. The Charity is extremely grateful to Belmont Communty Housing and their signfficant corbth"butron twtd costs and. subsequenty. lo prOg￿5S firture plans. The charty also received a dOna￿n from a private indNwJual. whth paKI for the PPE required frjr ts team buikls and refreshments. The charity eniosEd trenEndous succes5 With ts St William's pr(1￿ wnning f￿r award5 in 2024. This is testimony to strong partnershps a￿1 the charrvs un¥4ue sweat equty model. .'Most InnovativeAfft)rdable Housing Project. at the Buikjing InnoVat￿n Awards 2024 .'Most Innovatwe Partnership, at the above Buikjing Innovation Awards 2024 .'Besl Partnership, al the National Housing Awafds 2024 .'BeStAff0rdab￿ Hoysing DeveWrEnlAwafd- under £10m' at the Northem Housing A￿d[dS 2024 HOUSING PEOPLE. BUILDING COMMUNrriES LIMITED Company Registration Nurrthr- 483￿75 Trustees. Annual Report for the year ended 31 December 2024 HPBC has also maje a wTrJer contributr)n to social housing issues as a ThEmber ofthe Greater Manchester Communty Led Housirwj hub, engagement with Ihe Faith and publ￿ Life Team. Archbishops Council. RCAOL Land and Housing Ne￿ork, along with offen.ng supportto other loLzl. regional and national groups. Publicity induded three articks in Wuan Today and c105e l]es were fo￿ed wrth the Armed Forces. including HPBC stgning the AmEd Fo￿$ Covenant and developin9 a relab"onship tsvo Armed For￿ Veterans Breakfast Club groups in Wb3an and Garstsng. The Charty a150 developed a TeL4bonship Wigan and Le￿h col￿ge. The trustees have had regard to the Charity commissh￿'S gutrjan￿ on Publ￿ beneffl in managing the a￿VitE$ ofthe charÉty. The main achievements and perfornlance of the charity durlng the year. The St William's devekwEnt is a p(YhErful exary￿ of h(rw aJaptNe reuse of histor￿ local assets can be integrated with modern hOU￿ng to breathe IrfE into a negkcted landmark that had been earrna￿ed for dem01￿.0n. By retsining and refvrbishing StWillk7m's. the d￿ebjprnent not onty preserv&J an iwjrtant piece of local hentage. but also created 27 affordab￿ h¢rn that respect and Lx)npkn￿nt the surrounding context. The su￿SS of the charity and rts sweat equty ft￿￿e1 provKles an option for affordable housing that ￿ replicable and needed within the wider s￿iety. This is evmjenced by WKJan o)unal's generous support of the charity and desire to transfer land forfuture projeci5. The home partners. along with their famity and friends. WOTked tLKJether to cornp￿ their sweat equ.ty hou and build the ho￿￿5. This has enabled them to bond t(4ether. get to know their neighbours before they*e I￿Ved into their homes, and deVe￿p a strong convnunty spirit where dNersty is ￿￿brated. Thk8 m¢yYel will be Lwl again in the St WiNiams develOp￿nt￿Ith HP8C being responsible for the rectuitnEnt of the honE partners. The dn7erence the charitys perfomiance during the year has made to the beneficiaries of the charity. and to be benefft of ￿"dersOcIety. 28 hom partners recruited and 168 volunteers *Ere engaged Én bufftling homes and a n community. Together they worked on the sweat equty hou￿ and the build progressed as predicted. This prO￿$S was mnaged bythe Charity ensuring that ts soL?al goals were n Team Builds days ￿[e otganised on Saturday3 on a fortnvJhUy basis. where partn￿5 wowked aknAgs￿e volunleers ue*ing positNe bonds and learning new Skills. Groups engaged in the Team Buikj days includèd WvJan and Garslang Am*d Fortx Veterans Breakfast Clubs, students from WNJan & L￿h College. Greater Manchesler C(¥nmunity Led Hon￿, and Wuan Council HOUSING PEOPLE, BUILDING COMMUNITIES LIMITED Company Registration Number- 483g)75 TTUStees' Annual Report for the year ended 31 December 2024 Structure, governance and management of the charity The methods used to recruit and appoint new charity trustees. The procedure for recrutting trustees begins by the existing board identifying the needs or gaps of expertise within the board. The Charity enjoys a wide netsvork of individuals with a variety of skills. Initialty. introduclions and recommendations are made to the board. There is a th￿MeetIng period whereby new members are required to be observers and rf everyone is agreed a formal invitation to join the board is made. The board unanimously appoints new members. Financial review The charitys financialposition at the end of the year ended 31 December 2024 The financial posttion of the charity at 31 December 2024 and comparatives for the prior pertod, as more fully detailed in the acmunts. can be summarised as follows:_ 2024 2023 Net income 143.368 296,832 Unrestllded Revenue FurKJs available for the general PUfpxJses of the tharity 343,476 T(*al Funds 343.476 Financial review of the position at the reportsng date. 31 December 2024 . It has been a diffi￿￿ period for HPBC after cov¥J but the outknk is now extrenEty positive.. the money it will receNe from the St WilbanL8 Stte wdl ensure that HP8C has the resources to undertake several more develop￿ents. Policies on reserves. The trustees polFW is lo have unrestr•Xed fijnds of the company to alkN the chaTity to continue it5 acbvities for a perK#J of srx montt)s in the event that tis core funding has wthdrawn. This woukl enable the dire(*ors to seek af(emative funding in the inlerim ￿riod. This target has been a¢h￿Ved in 2023 following the conclusion of the agreement to develop the St Williams site with Ptima Group. Availability and adequacy of assets of ￿ch of the funds Following the condusion of the agreerrent with Prima Group to devek)p St Wilkn'arrs the board of In￿tee$ is satisfEd that the charivs assets are adequate to fuffil Obl￿atIOns. HOUSING PEOPLE, BUILDING COMMUNrriES LIMITED Company RegBtration Numt*r- 4839075 Trustees. Annual Report for the year ended 31 December 2024 Details of The Independent Examiner CINe Lomax Charte￿d Ac￿Un￿nI 25 Manor Court Salesbury Hall Road Ribchestef Lancashire PR3 3XR Stat8ment of the Director5. and Trustees. Responsibilities The charitys trustees are responsibk for the preparation ofthe accounts in accordan￿ with the temis of the Companies Act 2006, the Charth5 Aca 2011 and the CharsW lAC￿Unts and Reports) RegulatK)ns 2CN)8. Nofv4ithstandirvJ the explicit requirement in the extant ststutory reguPdtions.the Charit￿$ (Accounts and Reports) RegulatK>ns 2008. to prepare the financ&ql statements in accordanrE wrth the SORP 2005, in view of the fact that the SORP 2005 has been wittKlrawn, the Trustees determined to interpret this responsibilty as requiring them to follow current tksl prartic£ aNI prepare the accounts according to the FRS 102 SORP Istalen%nl of Recommended PraCt￿e for Accounting and Repoth"ng by Charl￿} 2015. {as amended by the BU1￿"n issued in Feb￿￿ry 20161. rfhe SORP). . In parti(xJlar, the Companies Ad 2LX6 8rnJ charity law requi￿ the Board of Trustees to prepare financial stslements for each financial year whth give a true and fair view of the slate of affairs of the tharty as at the end of the finanaal year and ofthe suwus or deffic¥t ofthe tharity. In p￿paring those financi81 statements the Board is wuired to:. . to prepare the accounls in aCcOrdar￿ wrth Unibj Kingdom Generalty A¢xepted Accounting Practice {Unrted lfjngdom Accountiny Standa￿5 and applKable LThT). - select 5uf(able accountirvj polws and appty them consi5tenty. - make judgenEnts and estimates that are reasonab￿ and prudent - prepare the financial ststements on the going con￿rn basi5 unless li is inappropiiate to presumè that the charity wtll continue in busin￿.. - state whether applicable a¢￿Untirwj slandards and statements of fecon¥i*nded pra(#ic* have been fo1b)w￿j. subpct to any maten81 depart¥j￿ dsclosed and explaN￿d in the finanaal statements: The law wuifes that the trustees must not approve the accounts unkn they sati8f￿d that they gNe a true and fair view of the st*e of affairs of the tharty arKI ofthe surplus or tyefot ofthe tharity for the year. The Trustees are abo responsble for maintaining adequate a(￿Unting records whth di￿ with reasonable accuracy at any finan￿8[ position of the charity aThJ which are suffjcEnt lo show and expL4in the chartys transactions and enable them to ensure that the financial statements compfy with the Companies Ad 2006 and compty with regulations made under the Challl￿ A(* They are also ￿$t>OnS￿￿ for safeguarding the assets of the charity arKI hen￿ fortsknNJ reasonabbe steps for ts preVen￿n and detecknn of fraud 8nd other I￿egularl￿￿S. HOUSING PEOPLE. BUILDING COMMUNITIES LIMITED C¢)rnpany Registrab"on Number- 4839)75 Trustees. Annual Report for the year ended 31 December 2024 The Trustees are also ￿ponSIble for the contents ￿the Trustees, report. a￿1 the ststutory ￿ponSibilty of the Independent Examiner in reLglion to the Trustees. report is limrted to examining the report and ensuring that. on the fa￿ of the repor( there are llo rroterial Irthnslstenc￿ wrth the ￿u[e$ disdosed in the financial ststements. Method of preparation of accounts - Small company provisions The financial statements are sel out on pages 10 10 25. The financi81 statements have prepared tynpkn*nb"rrfJ the FRS 102 SORP (State￿Ent of Recommended Practi￿ for Accountsng and Reporting by CharitEsl 2015,18s aTh￿rKled by the Bul￿tin issued in February 20161. (rhe SORP). aThJ in w)rdance with the Finan¢ial ReFrf)Tb"ng Standard 11r2. leffec*"ve 1st January 20161 These finanual statements have been prepared in accordan￿ with the provisions in Part 15 0* the Conwan*5 A¢X 20(%. appli(xbk to coNwnEs subierA to the small co￿PanES regime. Thi% report was approved by the boar(l oftrustees on 26 Septen**r 2025. The Reverend Dr S Ledbetter Director and Trustee HOUSING PEOPLE. BUILDING COMMUNITIES UMITED Report of the Independent Examiner to the Tntstees of the charltable company on the accounts for the year ended 31 De¢ember 2024 I report to Ihe Trustee5 on ry examinati(￿ of finanu31 stslenwjts of ￿ tharitable 1￿Mparry on page5 10 to 25 for the year ended 31 Decern￿r 2024 have prep8rgJ in acCOrdar￿ with the CharitV&5 Act 2011 (the Act) aThJ wth the FinanrAal Rewxbr¥J StaThlard 102. leffedi￿ 1st January 2016) as rTNyj[fi￿ by FRS 102 SORP (Statement of Reccynwwded p￿Cti￿ foi kn¢xJnb"ng a￿1 ReporiirwJ by CharKiies) 2015. (as amende(I by BUl￿tin iSSLRd in FeL¥uary 20161, SORP). pubfjsW by the Charrty Commission in E￿L￿d & W81es ICCEW) . and under the historical cost convenlion and accounbng pdiL?e5 set ¢xrt on page 17. R•spe¢ti¥e r8w)onslbllltlgs of th• Tntst8es and the Indow￿ Examlngr and thg basls ofth• r•pori As deS￿b￿l on page 6, you, Ihe charitat)le conwanys Twstees. WI￿ are also Directors of the Company fortr purposes of Compary law. are ￿p￿SIb￿ for ts preparatM)n of ts financaal slaterrEnts in accordance Y￿th the Companies Act 2006, the Charitie5 Act 2011 and all ots applicable law with United ￿rIJd0rn General Accepted AccountiThJ P￿iCe, to smaller ent￿es. and for teH¥J satisf￿￿ Ihat ￿ finarrial statements ￿ve a true and fair vièw. The Ttuslees consKler that Its audit reqLMr&￿nt of Sethon 144(1) of chant￿ Att 2011 Itrt A¢t} d￿$ rK)I appty. and that the￿ is no reQLur￿nt in ￿ nMioraThJum th arbcles Of￿ charity the ¢￿￿1￿cti￿j ofan 8￿j￿. and that accounts do not wiure an aujit in aC￿￿an￿ Part 16 ofthe Corrpan*s Ad 2006 and that ¥¥Ember Of have tequesle(l an atllrt pursuanl to sec*.￿ 476 Of1￿ C¢Nnpanies A(* 2DL￿. ￿ a consequen¢*, the TrLLStees tsve e￿rted that ts finan(aal statemenls t* subp¢t lo irKlependeftl exanNnation. Having salisfied mysdf that the financial statements are rnt reoLllred to be aLbJited Lnjer any legal prwsion, or olhen¥tse. S￿1 are ebgibje f(* iExleperKlwrt exa￿￿8b"0n. rt is my rÈswJnsibilty to.'- a) examine t￿* finana81 statements oftr* tharlty seCb.￿ 145 oftr* A¢ b) follow the p¥0￿ureS in ts Dredi(m gr&￿ by ts Charity CcrfNnission ur¥Jer Serth￿ 145l4lbl ol Basis Of Indop•ndont Examln8rfs statem￿ and scopg of ¥rnrk undertaken Sin(E the tharitsLle c£vry)a￿s gross excee￿ £250.1XK), ￿ tharttable (xxmpatws examirw musl tk a member of a body lis￿￿ in set*on 145 of t￿ A(t I txrfm that l am qualW lo urK1ertake the exanlnation because I am an authorised ￿￿rnber of Chartered AlxX￿fitsr￿. vthic* cx)e of the listed b￿j18$. I report in resK*d of try examination of Ihe charTils fir)anLyaJ stale￿￿￿ts ca￿led Iwjt urMJer s145 of ts Act. In L*rrying out my exarNnation, I have followEd all Ihe apylicable Diteth"¢Jns given by the Chartty Commiss￿￿ ur¥Jet section 145151(b} of Ihe A(a setting out duits of an independenl examir£r in relation to the coThluctiThJ of an independent examination. An 1TKlep￿￿Wrt examinat￿7 indudes a re¥ie* of the accountir¥J records kept by Ihe chafitable compary arxl of acLountir¥J systems empwd by the charitats￿ (Y￿npany a￿1 a CA)mparison of the finan(aal slatemerts p¥esented swth those record5. 11 also indutss consKJerab"￿ of any urKtsual items or disdosures in the finanoal statements, and seekiTrJ frcxn you. as Tntslees. C0￿mI￿ suth matters. purpose of the examinat￿ is to eSta￿lsh as far as that It￿e haNe been no fffeacfes of Chanty legislation and that. on a lest basis ofemdence relevant to arKI disd(bLwes m*. finarK)at Stalen￿nts ￿mpty the SORP. The prcteduFES undertaken do rx)t provKle all ￿ e￿Ience that V4ThJhJ te required in an audrt. arKF infonnati supplied by the TrLStees Ihe ￿￿[Se ofts examinabon is nol sutr4'ecl&l to audf( tests or erNuries and doès not cover all the fftattets that an a¥Jditor o)nsKkr in afrrfflng al an opiNon. Th plannir¥J D)rbI￿t of an a￿lt goes beY￿d the limrt8J assuran￿ that an Irth￿ exarriNtion C￿ provide Conwuentty. I do nol express ￿ audil qXTht)n on the given ty finanoal Staten￿ts. and in parti￿lIar, I eXp￿$S no opinion as to vthelhertr* fina￿la1 $talen￿ts give a tnE a￿1 fa￿ view ofttE affairs ofthe charity. and my rewrt is limited to Ihe mattws set c*Jt in Ilr statenth bei(AY. HOUSING PEOPLE. BUILDING COMMUNITIES UMITED I planned arwj rErfryrwJ nyy exarrllnatirm so as to salth rysdfthat the ofttE examination a￿ acFMeved aTr1 ￿[(￿e ffinalisiThJ Ihe rep(xt l ￿Itten asswanLX frorn the TrLtstees of all material matters. Independent Examlnerfs Statemort Report and Opinlon SubjeGI to the limitatiors uFon Ihe scw of my %*yk as det•Jed atMJNE. I have cOmp￿t￿j my examination.. and can confirFn that:. accwts ofttis tharIlab￿ conwany are Bjuired to ￿ a￿lited ￿ler Part 16 oflhe C(Mnpanieg Act 2￿6,. The gross inconE ofttE c*aritatMe Co￿arry n the ￿r eThJeO 31 December 2024 ap￿ar$ to exceed sum swfied in Section 145{3) of the Art. narrEly £2￿￿￿, that l am qualrfEd to art as IJKleperKJent Examiner in a¢(thar￿ *fjth that sedion by of nry L*ing a qualrfed nwl*rofChartwed Aowitart This is a report in respeca of an examinats"(￿ canred oui mler 145 ofthe Ad and in a¢cortJancevath Directions given by ￿ Chanty Corn￿￿10n Sed1￿ 1445)ib) oftrE AL* wtith t* a￿￿*b￿.. and that no material maiters have m to my att&kn"(Yi *ilh eXamN￿tIon givyw Tr￿ ￿ts8e to beI￿ve Ihal in any material resrert."- atx(yJrfing recorils were Tr)t kept in ofts d• as wwred by SerJI￿ 386 ofthe CompanEs Act 2006 a￿1 Sethon 130 of The Charrtw Ad 2011" finarKxal statenrnts do nrt accord vAlh Ihose ￿cOn￿. or the financial State￿￿ts do *ith Ihe aWM?ble wurerrEnts C0￿m￿¥j the form and C￿ntent of accounts set out in section ￿ of the Companies ACJ 20[￿ otheT than any require￿[￿ thal the accounls give 8 rue and fail, view, ￿lCh is not a matter conshjueij as part of an irthteTrJent exa￿￿nation. have not been prepared in accord￿ Vlith the meth￿$ arxl wincitle5 set out in the FRS 102 SORP (Statement of Recx)mfflended Practiee f0rACc￿r￿.￿j and Reporting ty Chall￿) 2015. (as anwtsj by ts ￿letIn is$￿1 in February 2016), SORP). I have no cor￿M$ and have corre au0s5 olher matters in ty)rwRdion *ith ts examrnation to ￿leth attention shoukj be dravm in th￿ report tn cKder to enaL4e a protw ur￿￿￿ndi￿j of the finanual slatements to t* reached. Clive Lomax. lTrYewKknt Examiner 25 Mar*N C( Salesbury Hall Road RÈt)¢he51er Lancashire PR3 3XR This vms signe(l on 26 Sep￿￿ 2025 HOUSING PEOPLE, BUILDING COMMUNMES LIMITED - Statement of Financial Activities for the year ended 31 December 2024 statem￿ of FinancialAciivilies (incluth"ng the Income and E¥penditure Account for the year ended 31 Decem￿ 2024. as required by the Companies Act 2006) CuryErrtyw cWThrtY￿r CurrentJWT Total Funds Prloryear Total Fund5 FuThJs Funds 2024 2023 Incomg & End<)wm*ts from: Ch8ritable aciiwlies Invesiments 254299 90,399 1.553 283.165 Total Incomg 259244 259,244 375.117 Expendltuve on: Charitsb￿ 8divi 115,876 116.876 78,285 Totsl expendltUfE 115A76 115,876 78.285 Net income forthe year 141368 143A68 296.832 Not In¢om& aftortsansfers 143A68 143.388 296.832 Nèt mt)v•ment In funds 143.368 143.368 296.832 Rrton¢ilia¢ion of fvnd&- Total funds broughtforward 343.476 341476 46.643 Total funds ￿TrIed forwartl 343A75 The'SORP Ref iThJic8ted 81)oMp Is ￿ rjwfficabon ofincome set out in the folmal SORP dcojments. As requi￿ by paragraph 4.60 of SORP, Ihe browJhl forward and caThied fon¥ard fiJnds above have been agreed to Ihe Balan￿ A Statement ofTotsl Re￿nised Gains and L055e5 15 ￿(*Jded as a wmary ststwnert in tlwe aC￿mts. All the prior Yeartrar￿adItXts were wwestricbj iterns. aTrJ no fwlher anafyws is requi￿1 All activiti.es derive from continuing operations Tho notss attached on page8 17 to 25 form an intsgrnl part of the¥e a¢¢ounts. HOUSING PEOPLE, BUILDING COMMUNITIES LIMITED- Statement of Financlal Activities for the year ended 31 December 2024 xyear T(rt*l Fund5 Funts 2023 2023 In¢ome from: charitab￿ acaivrbes Inveslmerrts Ot￿[ 90,399 1.554 283,165 283.165 Total Incomo 375.118 375,118 Expendlturg On: chaiitab￿ actwibes 78,285 n285 Total •xp•nditure 78.285 78.285 Net iftcom• forthe y￿r Net income aft•rtransfws 2￿.833 2￿.833 Nel mov•m•nt in funds Recon¢ili•tion of funds:_ fotsl fvnvided to the charity. Policies relating to assets. liats'li¢ies andprovisions and other matte Tangible fixedassets Tangible fixed assets TrwsU￿d at their orwjinal (x)st value, or subsequent revaluation, or if donated. as described above. Cost value indudes all o)sts exFeThled in bringing the asset into its intended working condiknon. Depwiation has been provKled at the follow￿lY￿ rates in order to wrte off the assets to their anticipated resKlual value over their estimated useful lives. Freehokj premi Leasehokl premises Plant and machinery Motor vehths O % Stra￿ht line 2 % strauht line 20 % stra6ght line 25 % slraKJht line A ￿UL8r annual review of the [ke￿h￿l of asset vrya1n￿nt L¥ undertaken. Stod( valued al th8 lovRr of cost and net realL8able value. Debto Debtors are n￿aSUr￿l at their recoverable arrK)unts at the balan￿ SI￿et date. The charity operates a defined ￿ntributiOn penston scheme. Contributions are charged to the profil and loss account as they beCC￿E payable in accordano wth the ruks of the scherr¢. 17 HOUSING PEOPLE, BUILDING COMMUNITIES LIMITED Notes to the Accounts for the year onded 31 December 2024 Fund Accounting Unrestricted funds are avai*Jltr for use at the disuetM)n of trust&s in fvrtheran* of the general obje(lives of the chanty. 2 Liabillty to taxation The Trustees conshjer that the tharriy Satisf￿ the tests set ¢￿t in Paragraph 1 schedu￿ 6 of the Finan Act 2010 for UK COfporab"on tax purp(Ises. Acco￿[n9￿. the Chaiity is potentialty exempt from taxation in respect of in￿rne or capital gains re￿Ned within Categor￿ covered by chapter 3 part 11 of the Corporation T8x Art 2010 or Secaion 256 of the Taxation of Chargeabte Gains Ad 1992, to the extent that such income or gains are applEd exdusivety on the specffic Charrtats￿ objects of the chanty and for no other purpose. 3 Winding up or dissolution of the charity If upon winding up or di5solub.on of tt)e charity ￿re renKgin any assets. after the satsfadion of all debts and liabilit￿$. the assets represented by the a￿mu￿ted fvnd shall be transfrrred to so￿￿ other charitable body or bod*s having simiL9r obpcts to tr* chaiity. 4 Significance of financial instruments to the charity's position The￿ are no stgniftant rw)lutions offinanaal lnstrUrr￿nts to the chartys finanaal poS[￿n or perfomiance. 5 Net surplus before tax in the financial year 2024 2023 The net surphjs before tax in the financial pr i% stated after chargmg".- DepreaatK)n of ￿ned assets Pension costs 236 1,162 1.3C 6 The contribution of volurrteers The chafiiy depends on the support of its volunteers, whth B much appreaated. The chanty had 112 Volunteers who donated 1.847 hours of their time slewarding events. Other volunteer5 undertook 40 hours of mailings and di8tribub.ons aThl speoalist volurrteers with DBS checkn, spent 475 hours a year supporting the weekly chikjren's and youryJ people's wrib.ng groups. It is estsmated Ihal without the help of volunteers. the Festival woukd need to find eqU￿a￿nt of over £20.OIJ) to obtain similar services. The arrangements with volunleets are drff￿ult to value pre(isety in ￿￿Jnetsry terms and have not been recc¥Jnwd in the Statement of Financial Afjivibes. The volunteers and the tharty accept and agree that no ¢onlra(* of employThnt i8 ueatsj by these 8rraryerrtnts. HOUSING PEOPLE, BUILDING COMMUNITIES LIMITED Notes to the Accounts for the year ended 31 December 2024 7 Staff costs and emoluments 2024 2023 Gross salar￿ exchmjing tTU5tees and key managen*nt personnel Employerfs operating o)sts ofdefir*d 0)ntribut￿n pensh?n scher£s 60.353 55,076 1.3C6 1.162 61,659 56.238 Numbers of fiill time ryloyees orfull time ewfvalents 2024 2023 The average number of totsl staff empw in th& swrwas The average number of part t￿￿ staff in the ￿ar vas Nerther the trustees nor any persons conned&l with them have ￿ceiv￿j any remuneration from the charity or any related entity, either in the cJJrrent or wi)r ￿ar. No errpk)yees received emo1u￿nts (exduding perts￿ ethts) in excess of £60.OW per annum. The pension delaivs of such hi￿￿erpaidst8ff :. No No Under rrnney purchase p￿iDn SCP 8 Defined contributlon pension schemes The charity operates a defined u)ntn"bution FEns￿n SL*ew*. the costs of whith are shown above. Any liabilites and assets associ￿ wth the schenE are shoHn under debtr)rs and credito￿. 9 Remuneration and payments to Trustees and persons connected with them No trustees or ￿￿On$ connected with them receNeil any remunerth.on from the charity, or any related entsty. 19 HOUSING PEOPLE, BUILDING COMMUNITIES LIMITED Notes to the Accounts for the year ended 31 December 2024 10 Tangible fixed assets Fixturns and Fitting5 Vehicles T(*al Cost At 1 January 2024 A(IdÈtions 7,720 1.161 3,058 10.778 1,161 At 31 Detember 2024 8.881 3,058 11.939 Depreciation At 1 January 2024 10,460 At 31 Decomber 2024 7,402 3,058 10,460 Net book Yalue At 31 December 2W24 1.479 1.479 At 31 Decemter 2W23 318 318 11 Stocks & Work in Progress 2024 2023 Stocks tefore WTtt8 do￿ 3,000 2024 2023 2024 2023 Direct charitab 3,000 12 Debtors 2024 2023 Trade debtors Prepayments arKI accrued income Other debtr)rs 17.221 669 6,457 54.103 8.110 24.347 62.882 HOUSING PEOPLE. BUILDING COMMUNITIES LIMITED Notes to the Accounts for the year ended 31 December 2024 13 Creditors: amounts falling due within one year 2024 2023 AccruaLs PAYE. NIC VAT arKI oVEr taxes 4,115 4.037 257 2.415 2.819 226 8,409 14 Creditors: amounts falling due after one year 2024 2023 Other ueditors 55.000 1 S Loans to trustees included in debtors 16 Guarantees made by the charity on behalf of tr￿teeS 17 Income and Expenditure account summary 2024 2023 At 1 January 2024 Surpbjs after tsx fy the 343,475 143,368 46.643 296.832 At 31 Dacomber 2024 486,843 343.475 18 Particulars of how partlcular funds are represented by assets and liabilities At 31 D8cembgr 2024 Totsl Fun(ts TaThJibk FTxed Assets Current Assets Current Liabilities Long Temi Liabiltties 1.479 548.776 18,4091 (55.IXM)I 1,479 548.776 18N091 155,0001 486.846 486.846 At 1 January 2024 Totsl lund¥ F￿ndS Tangib￿ Fixed Assets c￿￿ent Assets Currenl Liabilit*s Long Term ￿0blIrt 318 403.618 (5.4601 155.1J)01 318 403,618 15,4601 (55.0001 343.476 343,476 21 HOUSING PEOPLE. BUILDING COMMUNITIES LIMITED Notes to the Accounts for the year ended 31 December 2024 19 Change in total funds over the year as shown in Note 18 , analysed by individual funds TrnnsferB Funds carrted 2023 In 2024 2025 Unrestrided Revenue Funds 343.476 143,368 486 Totsl unrostri¢W and dgsignaled fv 343.476 143.368 Total charity funds 343.476 143.368 20 Analysls of movements In funds over the year as slM)wn in Note 19 In￿1￿ Expenditule Gains & Losses 2024 Movement in funds 2024 Unrestricted Revenue FuThJs 259244 (11&876) 143.368 21 The purposes for which the funds as detailed rn note 19 are held by the charity are."- These fvnds are hekl for the meeting the objectives of the charity. and to provide reserves for fulure actN￿e$, and , subprt to tharity legislation. are free from all restrictions on their use. 22 Ultimate controlling party The charity i% UEKler the ¢X)n1ft￿ of lis I￿jaI mentss. HOUSING PEOPLE. BUILDING COMMUNITIES UMITED Detailed analysis of income and eXpendI￿re for the year ended 31 December 2024 as required by the SORP 2015 This anatysis Is classsified by conventional nominal desciipdons and not by acbvty. 23 Income from charitable acttvllies - Trading Activil Cwr•rtyear Cur(ent yèar Currentyear Prioryear Iknrestrlc￿ Restricted Funds Totsl Fvnds Funds Fvnds 2024 2023 Primary purw and ancillary troding Sundry sales Donations and gitts Other inc4Jme 74,299 180.OLKI 74.299 180.000 87,607 2,612 180 Totsl Primary purpose and ancillary trading 254,299 2¥299 90.399 24 Total Incomg from Charitable acb¥it Currenty88r CunEnt year Cwrtrrty•ar T(*1 Funds Prior Year Total Fund8 FundB Fund8 2024 2024 2023 Totaj ino)me from tharilable trading 254.299 254.299 90,399 Total from charitab19 athiiiès A2 254.299 254.299 90.399 25 Invesbnont income Current year Total Fund PrforYÈar T(rtal Funds Funds Funds 2024 2023 Bank Inlerest Re￿i￿able 4945 1,553 Total invgstmont income 4.945 1,553 26 Other income and gaiTr Prior Yèar Totsl Funds Tolal Fund5 Funds Funds 2024 2024 2023 Summary of Realised Gains Realised gains on disposals of tangible fue(l assets held for the Chari￿s o*m use 283.165 Total other incomg 283.165 23 HOUSING PEOPLE. BUILDING COMMUNITIES UMITED Detslled analysls of Income and expend￿re for the year ended 311)e¢ember 2024 as required by tho SORP 2015 27 Expenditure on Charitab￿ activitles - Charitable trading urrent year Cufrtntyoar Currentyear Tctsl Funds PriorYÈar Totsl Funds Funds Funds 2024 2024 Insuran Bad debt written off Reallocat&J from sup￿1 costs 271 271 591 114.719 114,719 7T,694 Total charitable trnding ¢0sts 82b 115.en 115.87T 78.285 28 Support costs for charitable activities Currenty88r Current y Currentyeor Prlor Year RèSITlCted Total Funds Totsl Fund¥ Fund5 Funds 2024 2024 2023 Employee costs not Included In direct costs Defined contribution pension costs- Other salaries Salaries 1.306 1,162 60.353 60.353 55,076 Rates and water charges Room Hire Premises repairs. renewals and maintenan 680 2,941 2,941 781 Admlnlstratfve overheads Telephone. fax and internet Postage Travel and subsisterKe Marketing Sundry expenses 1,467 1,086 873 3,124 1,129 1.178 2,693 9,126 6.128 1.178 1693 9.126 6.128 Professional fees paidto the Auditor orlndependent Examlner in addthn to auoyt and examination fees As detailed in Note 29 1,700 1.700 1,700 Pmfessional foos paid to artvlsors otherthan the auditor orexaminer Professional fees 27.733 27.733 10.380 Financial costs Depre￿ats.on & Amortisation in totsl for the Support Costs before reallocation 114718 11£718 77.694 Less support costs reallocated to speciffc activibes HOUSING PEOPLE. BUILDING COMMUNITIES LIMITED Detailod analysls of income and ¢xpgnditure for the year ended 31 December 2024 as required by the SORP 2015 To charitable trading costs (114,719) 1114.7191 177,694) Total support Costs The basis of allocation ofcosts bet**en athlites is de$￿thd under a¢xounb"ng polioes 29 Other Expenditure . Governance costs Cur￿￿year Current y￿r Cuwrent year Total Fund8 Prior Ye8r rotal Funds FurKts FuThd8 2024 2024 2023 Pmfessional fees paid to the Auditor orlndependert Examinerin a(1d1t￿ to audit and examination lees 2024 Fees paid lo Ihe examinerfs fitTn 1.7(Kl 1.700 1.700 Total additional fees included In support costs at Nots 28 1,7C 1.70D 30 Total Charitable expendibjre Currertyear Current y•r Currentyear Tt*l Fund5 Prior Year Totsl Funds Funds 2024 Fund5 2024 2024 2023 Total charitsble trading costs Total support costs B2b B2d 115.8TI 115.8Tr {1) 78,285 Total charitsble exp9ndityrg 82 115.876 115.876 78,285