Registored number: 05159125 Charfty number: 1111057 AMATUK (A Company Limited by Guarantee) Trustees, Report and Financial Statements For the Year Ended 31 March 2024 taAMAT AMATUK (A Company Limited by Guarantee) Contents Page Reference and athntni&trative details of the charity, its Trustees and advisers Trustees, report 2-16 TnL8tee8' rcspon8ibilities statement Independent auditors, report on the financial statements Statement of financial a¢tiYiti¢8 J7 18-20 21 Ba]ancc sh¢¢t Statement of cash flows 23 Notes to th¢ financial ststements 24-38 taAMAT AMATUK l Annual Report 2024 AMATUK (A Company Llnthed by Guarantee) Reference and Administrydthie Detail$ of the Charity, its Tru8tee8 and Advl8er8 For the Year Ended 31 March 2024 Trv&teei MT. A. Alexander M$. A. Ashdown (appointed 12 December 2023) Mr. D. Bloomfield Mr. J. Clay Mr. G. Crozer, Chair Ms. K. Epps Ms. I. Ma¢aulay {appointed 10 October 2023) Mrs. E. Paterson Mr. S. Phipp5 Mr. R. Sharn)a {appointcd 16 January 2024) Ms. A. Mcnally (resigned 22 December 2023) M8. A. Bostock (r¢sigoed 13 June 2023) Company reglstsred number 05159125 Charity refytered number 1111057 Registered offle¢ 411 High Street Chatham Kent ME4 4NU Company seeretsry Mrs. E. Paterson Independent *uditors UHY Hacker Young Chattcrcd Accounlants Statutory Auditors Thames House Roman Square Sittingbourn¢ ME104BJ Bankers Lloyds Bank pl 82 Mount Pl¢asant Road Tunbridg¢ Wells Kent TNI IRP (&AMAT Page I AMATUK l Annual Repnrl 2024 AMATUK Trustees, Report For the Y¢4r Ended 31 March 2024 The tDJStees, wbo ar¢ also directors of the charitable company for th¢ PUTrM)sts of th¢ Companies ACL present their annual r¢port together with the 4udtt¢d financial statements of AMAT UK for the year ended 31 March 2024. The tn￿teeS confimi that the annual report and financial stst¢nhents of the ch￿l￿bI¢ company ¢omply with the current statulory T¢quir¢m¢nts, th¢ requirements of its govcrDin8 do¢ument and the provisions of thc Stst¢m¢nt of Reeommended Pra￿l¢C (Sol￿)"AcCOUntills attd Reportingby Charities" STRUCTURE, GOVERNANCE AND MANAGEMENT CoDstitudoD The Charity is a charitable company lillJit¢d by guark￿lee and is governed by its M¢moTallkn kmd Articles of Association dst¢d 21 Julle 2004. The register¢d company and charity numbers are staled on the first page of this at)n¥Jal report. Method of appDiDtment or election of trustees TDJstecs are apwinted by existing trustccs in accoTd¥Jic¢ witb the Articl¢s of A&SOc￿tiOn. No other bodies or individua]s are entitled to nominate OT appoint trust¢es. Polieies adopted for the induetioD and tr4lning of trustees Induction for trnstees is arrangcd and ¢oordinated on an individual basis. New knistees are mentQTcd by existing, experienced trust¢C8. OrgallisatiDnal structure deeision maklng Undcr th¢ t¢rnis of the Articlcs of Association, the charitable company 15 maDag¢d by a council of manag¢ment which must have minimum of 3 memb¢rs. One third of council m¢mb¢rs r¢tire annually on rotation but rdiring members arc eligibl¢ for re single adults who are hom¢l¢ss or experiencing finan¢ial hardship, by providing th¢m with temporary and p¢mthnent accommodation. To further such oiher charitable purposes as the truste¢s in their absolute dir¢¢tion see fit for the b¢n¢fit of such persons. Activitie8 for aehieviDg objecllve$ Th¢ priTheipal activities of th¢ eh&ritsble company ar¢.. accommodation for homeless people" supportitig homeless p¢ople; and collaboration with parther organisations. AMAT provides saf¢ gnd suitsble accommodation for homelcss p¢opl¢ in Medway Maidstone. A￿0mmOdatiOn is currently supplied through a variety of PTivate landlords and is intensively managcd by the charitable ¢ompaTLy under managen]ent agreements. Income, to fijnd ren￿ housing management and maintenance costs, is generated through rcnt Charges which subsidised by way ofhousing benefit. Bcing a registered charity and a PTuvAder of support to very vulnerdble pcople. AMAT acces￿ an enhanced Icv¢l of housing bencfit to pay for intensive housing management. AMAT UK has 26Y￿rs. experience of supportlnghomeless peopl¢ refers to those accommodated by the organisation as Residents rather than 8¢rvice users. Oycr the Course of 202314 AMAT accommodat¢d and supported 412 R¢sidents in total. AMAT uses a streDgth-based and trauma-infornied approach ttTr Achieve the best possible o￿tcOmeS for hom¢l¢ss people. with th¢ aim of addressing thc complex issucs that cause and pwtuate their risk ofhornelessness, so they can work towards indcp¢ndelli living. AMAT Residents and the local community also access 411 Hivc (prevityusly known as the HUB). This project is run by AMAT and opcraks as A 'one-Stop shop.. providing bespoke, P¢Tson4enleTed support, peer-led well-being adivities. employmcnt, ¢ducation and volunl¢¢ring opportuniti¢4 alongside effeciive parts]¢rship working with SP￿la118t agencies to address any additional wmpl¢x anwor specialist needs that hom¢l¢ss people may have. t&AMAT Page 2 AMATUK l Annual Report 2024 AMATUK Trustees, Report FOT the Year Ended 31 M*reh 2024 Over the cours¢ of 2023124, AMAT UK'S trnstees, alongside th¢ CEO and Senior Managers hav¢ r¢vi¢w¢d th¢ organisation's progress against its 2021-24 Business Plan and Concluded that excellent progres$ has taken place over the last three years. How¢v¢r, wbilst the organisation has continued io strengthen its tnfrastru¢tur¢, demand on its services have increased du¢ to the aftern)ath of the pandemic and th¢ cost•of-living crisis. In parti¢ular, the charity has notieed that lh¢ multiple and complex needs th¢ majority of AMAT, Residents arrive with. hav¢ increased 80/0 on averag¢ in the last year alone. AMAT'S organi￿lonaL theory ofchange has becom¢ ¢v¢n mor¢ ttl¢vanl due to these PT¢ssing needs and incTeas¢ in demall￿ hence in r¢vi¢wing the new Business Plan 2024-27. the charitabl¢ ¢ompany aims io achieve th¢ following goals- Residents. strengths, ll¢ed$ and outcomes ar¢ at the ¢entre of all AMATS work. AMAT will be a well-known and respeckd organisalion locally and within the homelessness s¢¢lor. AMAT will attra¢t and retain the best talenl regionally. AMAT will own its properties and be financially secur¢. Th¢s¢ goals define AMAT'S 8¢rategic direction #s il conlinues to ¥0 from strength to strength 0$ a Vital playerin th¢ lo¢al homelessness sector in Medway and Kent. In 2023124 AMAT'S vision, mission and values r¢mained the sam¢'. VISION For all homeless adults to have access to safe accommodaiion and the nec¢$sary supp)rt to rebuild their lives. MISSION To reduce and prevent homel¢ssne$s by providing accommodation and re-building lives, through personalised support and collaboration with other parther organisations. OUR VALUES AND GUIDING PRINCIPLES P(J$ltlve Outlook: AMAT UK giv¢s chances. cel¢brate5 accomplishments, and uses a positive approach to inspire and build ¢onfidence amongst Residents. Personwcentred: AMAT UK provides lailored Se￿IC¢S for each Resid¢nl' recognising that each adult r¢quire$ suppon specific to their needs and ¢ii¢umstances- there is no 'on¢ size fits ail, approach. Strength-based.. AMAT UK recognis¢s and builds on the strengths of its Residertts and staff, promoting positive connections wtthin the servi¢¢ of the organisation, and the wider community. Reflective Practice.. AMAT UK promotes self-responsibility in both Resid¢nts and staff; r¢¢ognising all p¢opl¢ have diff¢T¢nt ways of coping with adv¢rsity and encourag¢s development through refl¢¢liv¢ PTactice. In Partnershlp: AMAT UK works with partn¢r QTganisations and community groups to enabl¢ a wide range of opportunities for Residents and a¢¢¢$s to vital support. Re$pett & Dignlty: AMAT UK is ￿MMItted io ensuring staff, Residents. and paJln¢rs operate in a way that safeguards people's dignity and always treats them with respect. Aecount4ble.' AMAT UK comtiiits to being accountable to its Resid¢nts and tbe ¢ommunities that it serves. Co*roduclion.' Resid¢nls and staff ar¢ cncourag¢d to shape AMAT services to b¢sl meet th¢ needs of the local community. PUBLIC BENEFIT STATEMENT The trustees have reviewed and d¢veloped the aims. obiectiv¢s and activities of the clwity, as well th¢ progress AMAT Iws made ov¢r its 26 y¢ars of operation. This report looks at what AMAT has achieved and the outcomes of its Work in the rewbrting p¢riod. The trnstees report th¢ success of ea¢h key activity ond the ben¢fits that has brought to tIM)se hom¢l¢ss and at risk of homelessnesg. The trustees have referr¢d to the guidance contain¢d in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activiti¢s. In particular, the truste¢s Consider how planned activiii¢s will contribut¢ to AMAT'S aim& objectives and current strategic intnlions. Page 3 AMATUK | Annual Report 2024 AMATUK Trustees, Report For the Year Ended 31 Mar¢h 2024 ACTIVITIES AND ACHIEVEMENTS During 2023124 AMAT ¢oDtinu¢d to us¢ the goals, outcomes and indicators identified in its Theory of Change for successftd se￿1¢¢ delivery. The overall goals relate to the principal adivitics of providing accommodation and supporL slongside collaboration with partners aDd r¢sult ill the following short- and long-terni outcomes". SHORT TERM COALS FOR NEW RESIDENTS Resldents live in $4f& detent and well maintAined, $upported aecommodatiOII ResideDt5 2nd thetr pets basic needs for food, water hegtiDg ar¢ met AMAT aecommodates a broad range of people who bccoTn¢ homeless, from thosc sl¢¢ping rougb to the 'hiddcn homelw. who may be sofa-surfing or staying with friends. Homeless people aTC r¢f¢rr¢d (or self4efer) from a vari¢ty of sources. e.g.. local authorities, the pri80n service. volunlary ￿￿tor organisations, etc. Th¢ tharity provides avariety ofproperties from single roon)s in shared hollsing to fiats depending on th¢ indivithial's need. The majority of AMAT'S Residents arrive with multiple and complex needs. and the Organisation lths noticed that th(x needs bave increased by an average of 80/ts from 2022123 as well. Across th¢ y¢ar 2023124 the needs of AMAT Residents were as follows: 97•/0 of Residents ar¢ unemploy¢d 92Q/o report a m¢ntal health issu¢ {in¢rease of 40/0 from 2022123) 78V/o have physical h￿1th problems (increase of I￿/￿) 73•/. have a physical or learning disability (in¢rease of 80/0) 550/0 have been ¢onvicted of an oif¢n¢e (increase of 70/0) 251/Tro l¢POrt struggling with d¢ohol issues and 72/0 eite drug misus¢ (an increase of I lty/o from 2022123) During 202312024, AMAT UK: Provided accommodation and support s¢TYi¢es tr> a total of 412 r¢$idents across the year. R¢¢eived approximattly 575 referrals for or from people eAperi¢ncillg homelessness. Housed approximately 116 new residents, 12 of whom were hou$¢d with their pets. Accepled approximately 13 faxtsilies into AMAT T¢mporary Ac￿Mm0[￿tion for local authoriti¢s. Moved 68 R¢sidents inlemally preventing 'TeYolTring door homelessn¢ss', through a trauma-infomed approach that recognis¢ that shared accommodation ean be ¢hallerkging and seeks ¢0 match bousemates for the best outcomes. AMAT hag worked hard to provide decent and w¢ll-maintsined accon]modation for Residents and has been very proud to have reduced the 0.750/0 of its properties designated as High Risk across the year to O. a¢hi¢ving a key strategic intwtithL Th¢ headlines from 2023124 regarding prop¢rties were: AMAT was lo￿/￿ compliant with the relevant Gas Safety and Bl￿tTl¢al Inspection Condition Reports. Th¢r¢ weTe 4 new or paTtial kitchen refits and 3 new orpartial buthrnom refits. 5 prop¢rti¢s were redecoTal¢d. 3 propcrti¢s were dischargcd du¢ to issues with th¢iT locaiion. 8 propcrtics had new carpcts for communal ar¢a8thallsl stairwells. AMAT worked with Landlords to Up￿ade windows to UPVC on 3 properties. AMAT also r¢placed all thc windows in 411 to UPVC., which has improved the ass¢t and increased it5 ¢Dergy efficicncy. 'Tbe improvements that have been made our house have made svch g dlfference, I lovt the llew kitchen- such a differtiite, 4nd made it feel more like bome." It's made The OVCTall iVDprovement of AMAT'S propertics and ihe advcrs¢ weather conditions this year have led io a 26/0 rise in rcadive jobs. For exJmpl¢, reactive jobs forplumbingwere 599- up 133 frompr¢vious year, for carp¢nty they were 495-up 138 from the previou5 year, and electrical jobs were up 34 from the previous y¢ar, a total of 302. Some maint¢nan¢¢ jobs are TePOrt¢d under window gardens, ftnces, and are not included in th¢ previous totals. thAMAT Page 4 AMATUK | Annual Report 2024 AMATUK Trnstees, Report For the Year Ended 31 M*reh 2024 The charity contit)ues to b¢ the largest provider of supported accommodation in Medway. AMAT has 98 inlensively managed pr(>perties, which includes six properties tn ma]d￿One. Kent. This equates to 329 units of a¢¢ommodation. Whilst AMAT aims to provide accommodation to those least likely to access housing support ¢lsewher¢ {single people between 25-60 y¢ars old) AMAT will sometimes accommodate couples and individuals with pets who may find accommod￿l￿n difficult to access which supports the OTgalli5ation's aim to prevent homelessnu8. FURTHER SHORT-TERM oificoMES FOR RESIDENrs Re8ident$ feel Ivelcome and sllpported Residents are supported to identify ¢heir skills 4nd strengths Residents sustain their *t¢ommodatioD AMAT is committed to reflecting on its prxtise encouragiJ)g Residents to be Involv￿ in decision making aEKTrut thc service. To this end, the organisation cngaged an external evaluatorto wodt with Rcsidcnts in reviewing the atllwal Resident survey and surycying m¢thods. ensuring they w¢re fit for purp)s¢. A Tedrafted survey was d¢livered by voluDl¢¢r Residents, rdth¢r ihan AMA T staff, to prevent bias. Residents, lime wa8 valued with a vou¢h¢r, and comments We￿ encourdged. This approach re$ult¢d in an increase of participation by over 20O/y, with the ADnual Suryey completed by 700/0 of the 256 R¢sid¢nts accommodated at that tim¢. AMAT'S experience of supwrting Resid¢nl$, particularly thos¢ with complex and multiple needs, d¢monstrates a flexible, tailored approach that d¢liv¢rs Impact and ¢D¢ourages independeni living. AMAT recO￿lSeS that th¢ ¢auses of hoMel￿SneSS ore multipl¢ and th¢r¢fore support should offer a vari¢ty of strategies to ¢ngage and enwower Residents. When Residents are refe￿ed to AMAT. the indu¢lion process is led by one experi¢n¢ed support worker, who facilitates th¢ whole pro¢¢&s from stsrt io finish ￿sUlting in th¢ initial support plan and risk Lss¢ssment. Residents choose from a sUp￿rt menu and are empow¢r¢d io decide which key needs should be met firsL these supp)rt plans place the R¢sident'$ view at the ¢entre and are kept up to-date through regular monitoring. In the 2023124 survey of Resid¢nts- . 96Yb sald "Ifeel weleome a¢AMA T" 791AI agreed theyfelipart ofiheAMA Teothmunity . 91Yo S￿14 "Jfeel ucceptedfor who J4m" . 92A said"AMA Tsiaffare he￿fvI All Residents are involved in and agree a supportplan within 6 weeks of arriving. A minimun] of 4 goals aTe id¢ntified and transfcrred inlo an action plan which sets agreed PriOTlties. The supportplan is reviewed with the ResideDt ev¢ry 6, 9 or 12 months, depending on the ass¢ssment level of low, medium or high ne¢d, OT when theT¢ is a subsiantial change of ciwumstances. All support a monitored and approved by the S¢nior Support Worker. 89 /• of the Resldents surveyed said that their support worker Iwas belpful #nd approa¢h*ble. "AMAT makes me feel saft and supports me to address my problems.- "AMAT is 4mazln% they gave mt * home and the Support l Deeded - I don't know where I would be witbout them.- LOI¥GER TERM oirrcoMES FOR RESIDENTS AMAT'S support of Resid¢nts is fundam¢ntal to achi¢ving the following successful long terni outcomes.. Independence Life4kllls houslng Soclal skills friendships, and rel8tionshlp$ &)AMAT Page 5 AMATUK l Annual Report 2024 AMATUK Trustees, Report For ¢he Year End¢d 31 March 2024 AMAT do¢s this througb a combination of approaches: Supporting R¢sid¢nts through 1-2-1 relationships with designated AMAT support workers A¢¢e&s to AMAT'S 411 Hive: a 'one-Stop shop, providing opportunities, activities, training, & events. Collaboration with partner organisalion$ which complemeni AMAT'S own work to achieve positive outcomes. Supporting those at risk of hojllelessness in the Community through access to 411 Hive and AMAT support workers. These approaches support Residents to address issues that contribute to causing boM¢l￿8neSs, to Tediscover their strengths and talents and to r¢build their lives lo independ¢n¢¢. 81•/0 0( Resident5 told us that th¢lr Ilfe Is better be¢•u$¢ they live at AMAT. 91￿/• of Residents felt that they were trea¢ed wfith respect and dignity by our team members. 791/b• of Resldents #greed that AMAT supports thtm to engage Iwith the s¢rYlees they need to rebUll￿ r¢¢lalm, and T¢$hape tbelr lives. Itl AMAT'S 2023124 annual sutvey, Residents were asked if AMAT embodi￿ its values- they said.. 92•/0 of Residents feel that we operate ID 4 Ptrsonwcentred way. 80•/o of AMAT Residents feel that they are involved Ill declslon maklD8 4bout the service #nd how we Can make sure it is m¢*nlngful and fjt for puryose. 780/• of our Resldents feel th4t AMAT helps them to ttfleet on tbe dirri¢ult deelsions and cholees they have m*de *Dd turn this into the foundatioDS of building the future they IwAnt. 750/• of our Rttidents feel that we help them to focu5 on the posithres #nd reeogDiSe Jvhen they've made achlevernents or EoDd things have happened. "AiUT has helped me In a massive way- I've been sobtr for 2 years." "Life Is deflnitely better now. I've sorted myself ollt and got a Job have prospects for the future- Ihank you for letting me stay." AMAT'S values mean that s￿ff not only make referrals to sp¢¢ialist agencies to addr¢8s specific and pressing issues, b￿ by taking a holistic and strength-based approach to supporting Residents so they can have an ongoing positive relationship. This has excellent impa¢l. for instance. a Resident encouraged to attend an event or activity - provides harni mlnimisatio￿ meaningfvl us¢ of time, opp)rtLmities to m4k¢ new friends and r¢thces social isolation. Often these types of events and activities tskePI￿e at 411 Hive, AMAT'S Community resouw¢. AMAT'S Hive brings togetbeTPartn¢r organisations. services and Social opportunili¢s under one roof and is a crncial ¢l¢ment of AMAT'S suppurt. 81•/0 of Rcsid¢nts use our Comniunity Project thc HIVE. 780/• of Residentg believe that the HIVE is an esscntial setvice. Over 2023124, the Hive at 411 High Str¢¢t saw 5,193 individual interaclions Th'ith homeless and vulnerable adults accessing the Hiv¢ for a multitude of r¢asons. Below is a breakdowTh highlighting how th¢se individuals utilise the space. (&AMAT Page 6 AMATUK | Annual Report 2024 Trustees, Report For the Year Ended 31 MAr¢h 2024 Agency External Individuals {m¢mb¢rs of the hum¢l¢s$ community) Resid¢nts accommodated by AMAT UK 367 Hiv¢ Food Based Events Hiv¢ Events and Activities IPing Pong, Bingo etc.} Choir 70 242 55 62 VolunteeringTre¢r Mentors IT Sui*/b¢n¢fitslemails/ etc. 12 424 2207 External and Paztner Agen¢t¢s (Residents and non-Residents meeting with FoTword Trust, Rough Sl¢¢per Inilialive and other Partner ag¢ncies} 1726 As well a$ providing support to AMAT Residents, the Hive also provides support to members of the community, such as.. Fornier Residents of AMAT'S sUPPOrted housing who need assistance to maintain their pem)anent accommodation by receiving help undersL￿dIng lett¢rs and paying bills. Those who are on probation seeking ways to meaningfvlly us¢ their time. Individuals experAen¢ing digital pov¢ty ¢all access the int¢rnet in the free-to-use IT suite. Help AS available via the Hive FacilitatOT for those who are not compul¢r literate. People who are socially isolated benefit from the many clubs, athivities, and events. Volunteering and educational opportunities ar¢ available for those looking for ways to personally d¢v¢lop. Accessing key partner agenei¢s in relation to physical and mental h¢alih, benefits, substsncc use and support. odvice and guidance around accommodation. There have been many ¢vents this year ihat have been fa¢ililated by the Hiv¢, leading to a remarkable 578•/. IDtre¥Je of homeless and vulnerable adults Coming through the Hive's doors to access the support that they need. This demonstrates both the increased need in the homeless community and that locally, the Hive is a place that homeless adults and wlnerable community members know that they will be welcom¢d, 5UPPOrted to addr¢ss any inmi¢diate issues, and shown kinthiess and respect. In 2023124 AMAT saw 814 homeless adults and Nwlnerable community m¢mbers attend food-based events. As well as food povety being a basic need that the orgonisation supports the local community with- these events h2V¢ also been an opportunity for people to socialis¢ in a safe space. develop appropriat¢ r¢laiionships and access much n¢¢ded SU￿enanCe. This y¢arANL4T held the fiN International Women's Day evenl. Women who live with AMAT and members of th¢ wmmunity. wer¢ invited to come and ¢¢lebrate, tsk¢ stock and acknowledge all that they have been through, and the strength and power that they possess lo get them to where they are now. Ii was a wonderful day that celebrated divers¢ women of all ages and cultures with a focus on how working logdher, and being part of a matriarch can often make life's ¢hall¢nges a little easier. This will hop¢fully become an aymual event and expanded next year. H¢alth events were still a big part of th¢ Hive's programnung this year, 1$ well as regular HEP C testlng being availabl¢ to R¢sid¢nts and community members. AMAT also invited the Medway S¢xual Health t¢ani in on HIVIAIDS awareness day, and ran a publi¢ity campaign so that Residents, staff and community members were awaTe that there was a safe, confidential place that they wvld come and be tested. AMAT'S ¢hoir- Alive & Singing-is still going strong, and perfornied at s¢veral gigs, with the annual Christtnas concert was the most succ¢ssthlly attended eveni to dat¢ and overachieved fundraising goals. Alive & Singing was also invited to perfonn at the GTain National Grid (a previous sponsor) Christn)as breakfast. They also clos¢d the AMAT UK AGM, perfornjing to other comtnunity members, staff and stskeholders. In 2023124, the organisation was thrilled to move and launch AMAT'S community ¢4fé back to 14 Meadowbank. The Square café has incoryborated cultural celebrations into th¢ menu and provides residents and community members an optK)rtunity to ty different foods, l¢arn how to cook healthy, balanced meals and be in th¢ fantastic Dig IN garden, fimded by Medway Champions. The garden was renovated by B&Q volunteers and is now a beauti￿1 place to be, surrounded by growing things that are being nurtur¢d for good us¢ in th¢ ¢afé. This has also created more volunteering opportuntties WOTking in th¢ garden or the Café. AMAT Page 7 AMATUK | Annual Report 2024 AMATUK Tru5tees' Report For the Yt*r Ellded 31 March 2024 Thc project Home is wh£re the AR T is. culminated in an exbibition that was PTCSCntd duTing the AGM'S Open Day. This includoj th¢ premiere of a film made about R¢sidcnts' stories and community m¢mb¢TS that AMAT supports. It was a beautiful r¢minder that th¢ pwpl¢ that AMAT scrvcs, not always homeless, that they had a life before to AMAT- that th¢y are more than their #econhmodation status. Th¢ ¢xhibition also featured a time lap￿ vidco of the amazing mural that adorns the side of411 Hive building being painted by tal¢nt¢d locthl I￿lIst Sam Collin4 who d¢Sig￿d the murdl in collaboralion with the AMAT community. Terry'_ Case Study Tcrry came to us after a Tel￿115￿￿h1P breakdown, he had to leave his marital horne and after some months 80fa surfing with bis family, he was no longer able to stay with them 50 he applied to AMAT for accomm(Trddtion. Terry has undiagnosed l¢arning difficulties and lacks basic social skills. We were abl¢ to accojnmiyjate bim and assisted him with Tegisiering with key proVid￿S such as Department of Work & Pensions (DWP), a GP 8wg¢ry, ete. After a while, Tcry siartd to engage with our commwiity project the Hivc. Here he was supported to uwlat¢ hi5 CV. complete some c-l¢arning courses and engage in our volunteer programm¢. This not only incrrascd Tcrry's skills. but also rcduced th¢ so¢i81 isol￿10n he was experiencing, and increased his wellbeing, along WAth improving his p¢rsonal and social skills. After living with us and engaging for a few years, T¢ry began job searching and eVentl￿lty found pan tim¢ ¢mployment. We worked with Teny to adjust his ben¢fits. and to make sure that he had urKlated DWP, as well as supporting him lo look for alt¢rnative affordable arxommodation. This included setting up & budgeting and saving$ plan, ensuring that Terry Was abl¢ lo r¢ad metres, and knew how to change his address and pay his bills so tbat we could reduce the risk of futur¢ homelessness. T¢rry did find permanent accommodation and moved out of AMAT in Febrnory 2024, w¢ still maintain contact with him and have supported him wh¢n he has needed help to read letters. Tetry Still accesses and uses the Hiv¢ IT suit¢. J•hn'_ Cjse Stsdy John came to AMAT after his relationship with his wife broke down and he was asked to leave the family home, ag well as the trauma of his ma￿]88e failing, John a150 suffers with Bi-polar Type 2 Diabetes, H)wt¢t)sion and had an Abdominal Ulcer. We started by supExbrting John to first address his physical and m¢ntal health nc¢ds-we helped him set up appointments with the diaktic nurse, engage with th¢ GP regarding his otber physical and mental health issues, John w&$ issu¢d m¢dication and has b¢¢n supported to ensur¢ that he takes this daily os prescribetL Joill) also started engaging with activities at th¢ HIVE which reduc¢d his loneliness and m¢ant be could cngagc with other friends alld family online by using out IT 5uii¢. Once wc had hclpcd John to addrcss his physical and m¢ntal h¢alth needs, wc slart¢d looking at mor¢ 8Uitable, pernwcnt accomiMl8tion. W¢ h¢lped John register for home choice. mad¢ sure that he knew how to bid for pmperties, and toolc to view a propcrty that was appropriat¢, he accepted thc offcr of a one bedroom ground floor flaL We supported Jobn with budgeting plalls and helped him to change his ad(Iress, and made sure that he kn¢w how to read Jneters and w&8 prepared for independent living. John is now living indepcndcntly. httve been changcd toprolecl Residents WORKING I1¥ COLLABORATION wrrH PARTNER ORGANISATIONS AMAT'S partnership working supports hom¢less people by ensuring that their needs can be met by specialist agencies and joint working. AMAT'S longstanding history of¢ollaix)rdtion with organisations thToughout thehomeless. and rela￿ 8ectors is ¢onsidered ¢xemplary. 79•/0 of Residents agree AMAT helps them ¢0 conneet with other groups and services ththt belp them. During 202312024, AMAT has conlinued to grow and develop its network of partners with a wide range of sta￿tOry and voluntary services a¢ross Medway, Maidstone and the SOuth￿t, and has proudly maintained its position as a lead in the homeless seclor in M¢dway. The charity'$ combination of innovation, consistency, a person-c¢ntred approach and long- s¢anding expertis¢. po$ittons AMAT uniqu¢ly within the I￿al landscape. )AMAT Page 8 AMATUK | Annual Report 2024 AMATUK Trnstees, Report For the YeAr Ended 31 March 2024 This position was further highlighted by th¢ r¢sulis from a Partner and Stakeholder Review conducted in 2023 by ¢xt¢rnal evaluattyr Anna Ludvigsell, where IOOQ/o of respondents agr¢¢d with th¢ statement 'AMA T 15 respeetsd for Its work wlth omeless people, with one partn¢T ststill8'. 'Strong and eJlrt¥iveparlnership pelolonshlp wllh AVA T. Veryflexiblei open Minded 4Ad Cre￿¥ve when it comes lo toiloping send¢0 ¢0 Compl￿ hard io reach individuals., Ov¢rnll th¢ fmding$ show that those that have worked or engaged with AMAT w¢re positive about their experi¢n¢es. They d¢$cribed AMAT'S staff as professional, appm2chabl¢ and pasSio￿te about improving th¢ outcomes for homeless people in Medway. In addition, 910/0 agreed that they 'he4r posltlve feedb#¢k AMAT from commuDIty stakeholders, and partners conllnented.. rfthé level ofsupport vio oecommodalion and ihe Hive isfontuslie, and 'The Wive is an innovative sepviee that enabledme to make treutmentuccessible to Some of¢he hardes¢to reaeh senrfee Msers in Medway., 81 % of respond¢nts said that AMAT currently offer the support that is most needed by homeless people in Medway. Iwe dlw4ysfvMnd AMA T responsive, both a commissioned serviee and inlegrdl part of ihe pr•pwion of sUPPQrted tethporgry ccommodation lo vulnepablepeople in Medwoy #ndpartner 0¢ mNlii ageneyfopMfft$'. Key comments from partner5 about what th¢y wahi to see from AMAT in the future were 'Cortlinue wilh the eh&ngesyou h4ve Implemenled, and 'Condntse 19 be an Answer io hofftelessnessfor th¢alpeople in Medway. Continue to nin Hive.. Support staff regularly WOTk with, and refer to, partner agencies to ¢nsure that Residents g¢t th¢ expert support and guTdan¢e that they need to address individual issues. Accessing specialist support to address th¢ issues that often contributed to being homeless in the fjrst place, redu¢¢s the likelihood of r¢pe4t homelessness. Th¢ following servi¢¢$ are ones that AMAT uses frequently: Service Fun¢tion Oasis Dom¢slic Abuse Sernie¢ Dom¢$iic Abuse Servic¢ Sat¢da Fonvard Trust- RIVER Medway substance misus¢ s¢rvi¢¢ Provide donation packs of clothes and start up furniture p￿kS Coff¢¢ mornings and fo(bd bank vouchers Statutory Service For benefit enquiries and support wilh claims Debt management and consolidation ch&ity Sub5thnce Misuse Service On¢ Big Family Salvation Arn]y Probation Dqjt of Work & P¢nsiollS Christian5 Against Poverty CGL Maid5tone Rubicon Cares Vtctims of Crime Couns¢lling. Ststutory Seryice Medway and Maidstone Safegu8rditig T¢ams Police Statutory Service AMAT issued Resid¢nts with fo(MIba￿k voucher5 LocaI Foodbanks Dogs Trust AMAT UK is now affiliated with the Dogs Trnst to ensure that any Resident accon)modated with a dog, can also ae¢¢ss anirnal support and pet instant living kits. as well as Medic￿ interventions for th¢ir do AMAT UK is now aifiltated with the Cats Prot¢¢tion League Medwoy. This means that when Residents need access to cat fo(xl or hav¢ their animal neutered 2nd chipped, thi$ ¢an be acces8¢d via the BTedburst Cat's Protection Cats Protecti(￿ League AMAT staff attend v#riou5 local forum5 to ensur¢ that the charity is not only sharing best pra¢ti¢e and infommlion with relevani voluntary and Sta￿tOry agencies, but ihat AMAT shapes and influences policy and d¢liv¢ry. Through networking at vaTiOUS fornm%, Ihe organisation ¢ontinues to forge and develop r¢lationships with statuiory and voluntary organisations. AMAT currently attends.. these individuals that a￿ accommodat￿ by the organisation. taAMAT Page 9 AMATUK l Annual Report 2024 Trustets, Report For the Year Ended 31 M*reh 2024 AMAT currently att¢nds.' DWP m¢¢ting- to discuss complex needs clients. Medway Homeless Forum MARAC Forum Blue Light Me¢ting RSI- Complex Needs Meeting Offender T&9k Group As well as regular m¢¢lings, AMAT hosted and att¢nd¢d s¢v¢ral networking events. A s￿legI¢ aim for the organisation in 2023124 was to improve the org3nisation's publi¢ PTofile, which was achieved by inviting key partners and stskeholders to visit th¢ projxt and #tt how the charily works as well as forge more meaningthl relationships witb partners. AMAT was recognised lor ihe key rol¢ it plays in the local communtty by b¢ing nominated for Kent Large Charity of the Year. Stsff from the cFtarity att¢nd¢d the Kent Charity Awards ¢¢l¢bration dinner and Me(hvay Coun¢il World Homelessness Day n¢tworking evenl. Th¢ organisation has also attend¢d consultations with Medway Council about pot¢ntial projects and th¢ Support¢d Housing Improvement Piogrnn)me (SHIP) launch. AMAT has invited and received Medway Labour and Conservative politicians, showing them first-hand exactly how the organisation ¢ontril>utes to the community aNI how essential the service is ts Medway. In addition, ensuring that the organisation hag a direct relationship to fa¢ilitate the rapid raising of issues aff¢cting the constituencies in whi¢h AMAT operales. AMAT continued with the precedent set in 2022123 and again held a public AGM in 411 Hive, which was well att¢nd¢d by staff, volunteers, partner agencies and stak¢holders. It was an opportunity io ¢¢lebrate the organisation's achievements, and publicly acknowledge the dedi¢ation and hard work of AMAT'S workforce. The AGM also included the Home is Where rfh*Artls exhibition. a p¢rfornwice from the Alive & Singing Choir, and ¢ai¢r¢d for via AMAT'S community tafé. Aeross the year 2023124 AMAT continued to 'house' and work with partneT agencies in 411 Hive. Th¢s¢ relationships not only generate in¢om¢ through the reDtsI of spa¢¢, but also mvans that AMAT'S R¢sidents, and oth¢r vuln¢rabl¢ members of th¢ ¢ommunity. have a dir¢et referral rout¢ into th¢s¢ agencies, resulting in fast tracked help, at the point that they choose lo ¢ngage. Highlights from this y¢ar in¢lude'. Welcoming Tracy, a complex ￿¢￿$ nurse. to hold regular ¢lini¢$ in 411 Hive, which has meant that Residenls and In¢rable community members can access h¢alth advice and pr¢scriptions without havin¥ to navigate ditTi¢ult GP onlin¢ ap￿Intment sysiems and be seen in a $pa¢¢ that is familiar, w¢lcoming and psychologically infonned. Forn)2lising the Telaiionship with Fonvard TTUSVIUVER when the Hive b¢cam¢ their pern￿nent sat¢llit¢ centre for Medway. Th¢ FoTward Trnst main offi¢¢ has now moved to Gillinghaln, and they r￿08￿ls￿ the importan¢¢ of retaining a presence in Chathary in an accessible building. Fonvard Trust work from the Hive 5 days a week, and AMAT is ¢xploring the idea of opening in the evening and w¢ckends to be able to engage with more people. Agre¢ing to host students from Ocean Counselling, completing their level 4 qualification. In order to complete this qualification, students need to ¢omplde 100 hours of therapy. S￿dents utilise the counselling room, in exchange for AMAT staffbeing able tr> fast track refer r¢sidents. community members and staff that are in n¢¢d of talking theTapi¢s at no cosl. During the winl¢r of 2023124 the orgattisation fiwther strength¢n¢d the strong partn¢rship-working with M¢dway Str¢d Angels {MSA)- a local charity that holds several soup kit¢hens throughoul M¢dway every week. Th¢ Hiv¢ opened on a Thursday ¢vening and w¢l¢om¢d the MSA team 50 th•t they could deliv¢r th¢ soup kitchens in # dry, warni safe pla¢¢. This partnersbip r¢sulied in feeding an av¢rJg¢ 80 people per we¢k. AMAT UK also provid¢d stsff for th¢s¢ s¢ssions, so ihai community members a¢c¢ssing the soup kitchen ¢ould also be supported with advice and guidance around accommodation. benefit ¢nquiries, 2nd access the shower and computer Suite. MSA are returning to a car park for the summer rnonih$ and AMAT will be w¢l¢oming them back ID Winter 2024125. Talk$ b¢8an with the DWP ¢ngaging them to run ¢linics in understanding benefit claims. This will mean that Regidents can access advice about their b¢n¢fits. have inforniation explained to them in an enNironment thAt isn't intimidating or judgem¢ntal. In February 2024, AMAT approached the Vita Hvalth Group, as the newly commissioned tslking th¢rdpies for NHS M¢dway and Kent. be¢ause they were looking for a venue. They will hop¢fully utilise the therapy room in 2024125. creating a new referral path for the people that AMAT a¢¢ommodates. (&AMAT Pag¢ 10 AMATUK l Annual Report 2024 AMATUK Trustees. Report For the Year Ended 31 March 2024 Agencies that the Hive accommodat¢d during 23124 included.. Forward Trnst- RIVE.R Collwlex N¢eds Nur8¢ HEP C Nurse M¢dway Council Rough Sleeping tnitiativ¢ (RSI) T¢am. As well a5 parther agencies, AMATalso has independent facilitaiorswolking with R￿Idents and members ofthe comEnunity toprovide activities that r¢ducc social isolation, increase wellb¢ing, and develop personal and social skills. "The HIVE is sll¢h an important resouree for the homeless community, homeless adults are the hardest to rtath and the least likely to address their healtb issues seeing people fronj the HIVE means people are receiving the treatment they need. in a space they feel Comfortable." Tracy, Compl¢x Care Outreach Nurse STAFF AND STAFF DEVELOPMENT AMAT UK'$ trustees want to Acknowl¢dge the dedication and commitment of the stsff. The organisation has mad¢ such good progress on the strategi¢ intenlion of 'itnprovin8 the workplace, that it will upgrade in 2024 - 2027 to a new slrntegic intention of 'at¢rdCting and r¢tsining the best talent r¢gionally'. Key io thts process has been the creation of a succession plan. so that good quality staff can be recrnited for the senior roles within th¢ organisation and contribute to the futurepmofjng of the organisation. The Senior Managers also delivered the firgt manag¢ment develOpn￿nI training with fouT stsff memb¢rs who successfully ¢ompl¢ted the course. Their feedback was obtain¢d and hasbeen used to improve the training for the next four candidates. To better support AMAT staff througb th¢ ¢ost•of-living crisis, the charity was able awaTd a pay increase for all staff for the third year rnnning, and increas¢ pay for the exceptional perforniers, which is a significant achievement. li also ensured that th¢re are no staff on mitsimum wage, as it works towards becotning Living Wage Foundation employer. AMAT Also cbanged staff who D¢¢ded it from monthly to weekly pay. The tsam reaear¢hed and sourced n¢w a workplace pension provider, whieh has brought the added b¢nefit lo staff of having A rewards programme. A new corpordle partn¢r- Adams & Bowl¢s- has secured access to fitrther fmancial wellbciDg and advice for stsff (this is in addition to salary finan¢e which was a]ready in place). Alongside AMAT'S annual E-learning refresbers, th¢ organisation instityted changes to th¢ E-lcarning plaiforni and the following training and development opportunities were proyidcd: Training xncIudcd Risk Assessment for Support Servic CRAFT (Certified Practitioner in the delivery of con]munity reinforcem¢nt approach and family training. TrniDing} for four key staff m¢mb¢rs. Mental Health Fi￿t Aid for key work¢rs Emergency First Aid al wo￿. AMAT is committed to improving the h¢alth and wellking of the slatrand wcre able lo achi¢v¢ the Medway Workplace Wellbeing Award Gold Standard, a Si￿lficant upgrad¢ from the previous Bronze StandaTd. Jnitiatives like implemenring ae¢¢ss for staff io student coutlsellor in the Hive and further promotion of wellbeing actÈvities through Acliim for Happin¢$s monthly calendars and Medway co￿¢11 wellbeing wcbinars contributc to a healthy, happier wthkplac¢. AMAT continuc to offer an extrd day's leave for non-smokers and thc starting annual lcave entitlement was increased by an additional 5 days to 33 days (pro rata). Due to the succ&8s of AMAT'S first friends and family day, the charity held the event again in 2023124. This family friendly event with refreshm¢nl$ like fish and chips and ice cream, and activities like face painting, on inflatable slide, cornhole, jumbo Jcng4 tin can a]ly, hook the duck. a raffle, lu¢ky dip and music, encourage$ ¢onn¢ction and building relationships within the staff tew ensuring inclusivity gnd promoting b￿lthY fun. Almost 80 peopl¢ attended, and il was very well r¢¢eived by stsff, with exrysiaff memb¢r$ also attending. (aAMAT Pag¢ll AMATUK l Annual Report 2024 Trustees, Report For the Year Ended 31 March 2024 Celebrating AMAT'S stsff and their acbievements is an Im￿rtant part of valuing th¢ people that mak¢ th¢ most difference in working with Residents. Th¢ following people were winners in their categories.. Mrlms Congeni*lity- Hattie for the second year rnnning Encouraging Word- Cit Neatest Nook- Ll$8 B Behavlour ¥nd Value aivard- Jo C for the second year runnlng Teamwork award- Chrlstian Rookie award- Mel Excellence in Humour- Emm* L Healthy living promot¢r- Mar¢5 B¢hlDd the wenes wonder- Hollle Calm In the eye of the storm - Christian for the $e¢ond ye•r runnlng. Outslde the box think¢r- Jo C M*n*e¢r'$ award- Chrlstlan Christian was chosen for the Staff M¢mb¢r of the Year award because he is hard workin& h¢lpful and remains calm when dealing with any crisis situations. I n¢ver would have anticipat¢d myself winning the Staff Member of the Year Award as I fulfil my duties to the best I ¢an without any ¢xp¢¢lalions of receiving any praise in r¢turn. In the nine years of employment with ANIAT, my focus has always been to giv¢ my all to the organi8ation and support our service users to th¢ best I can. Seeing my colleagues at ih¢ family fijn day receive awards for th¢ir work gave me a real sense of pride, especially seeing some of my team receive th¢m too! It also reminded me of the gr¢at work w¢ all do each day belping to rebuild people'$ liv¢8. When ibe award was announced I ￿$ tending to my new-born baby and was completely oblivious to my nam¢ being announced. Ivhen Liatt) shout¢d my name out for the second tim¢ the shock hit me immediately and l¢ft me speechlessl I coulthi't believe it and certainly wasn't expecting it. I am very grateful for the opportunities I have been given whilst working at AMAT and would like lo thank everyone who has supported me throughout my journey wiihin our organisation. Working at AMAT has most certainly shaped me as a p¢rson for the better and I will b¢ forever gratefvl fot this. STRATEGIC DEVELOPMENT AND FUTURE PLANS AMAT UK continu¢ to make good progress on the orgatiisation's strategic dev¢lopm¢Dt. Throughout 2023124, the strategic documents have been Consistently updated and maintained by the Senior Management Team and tNSte￿ re¢eiv¢ a fvll review of progress at ea¢h Board meeting. Across the y¢ar nearly 42•/. (20 out of 47) of the strategic intentions set in April 2023 were achieved and an additional 8 were added. AMAT held the second Bith awayday in 2023. This was an opwbrtunity for th¢ Board. CEO and SenioT Manag¢ment team lo review all the organisation's strdt¢gie d(￿uMents. This was a very valuable experiertc¢, g¢ttiDg to each other better more infornially. as the mor¢ experienced Board m¢mb¢rs worked wilh the n¢w¢r B(trard members so they could und¢rstand even more a￿ut the organisation and g¢n¢rally was an interesting and though-provoking day. Of the previous fiv¢ main goals, AMAT wanted to: rov¢ tbe standard of su ort and 8¢¢ommodatton rovi$ion. AMAT achieved the following: The resident surv¢y was externally evaluated and using the finth.ngs within the evaluation, AMAT was able to allocate some fimding to ft tbe participating Residents with a vouch¢r as a token of valuing their tim¢. AMAT was also able to pay for the li¢¢nse and insurance th81 two Residents needed to k¢¢p their XL Bully's with them. AMAT develop¢d their partnership with th¢ Cat's Protection League, which gives Residents a¢¢¢ss to free neutering and other support to keep their cats healthy. AMAT a¢hi¢ved O O/ts high risk prop¢rty score. Extended the services operating out of 411 Hive. The Caf¢ was moved to 14MB kit¢hen and created & lovely garden space for Residents and the cominunity to enjoy. Im rove financial ￿ab]ll . AMAT continued to diversify income sueams, aB well as achieve Iwo success￿] rent revi¢ws. AMAT was able to sell 423 as a way of being able to purchase own prop¢ty to be used foraccommodation. t&)AMAT Pag¢ 12 AMATUK l Annual Report 2024 AMATUK Trnstees, Report For the Year Ended 31 MAreh 2024 ove the work la¢e envirotllnent for the staff. AMAT ¢hang¢d th¢ p¢n$ion PTovideT to a company which also offers a rewards progranllne. Started WQTking with Adam and Bowles, an organisation that ¢am¢ in to give financial workshops to staff alld offered fr¢¢ finan¢ial advice. Trained and launched Champions for Staff, around the menopause, m¢ntsl health and domestic viol¢n¢¢. Worked on pay rises for 2024125. Were able lo r¢ward the organisation's best perfoTm¢rs with an iftcrementalpay increase b¢yond the standard cost of living rise. AMAT now has 8 succ¢s$i(m plan. The managemeni d¢v¢lopmenl CQUTse had the first four parti¢ipants complete, with the next cohort of four s¢t to start in April 2024. Governattce dev¢lo ent. AMAT was able lo ￿rUIt new board members and mailltsin the level of board members At 10. AMAT welcomed their first female board member with liv¢d experience of being ho￿¢1¢$$. Following the previows AGM, the BoaTd I￿ve d¢¢ided to ¢hange the forn)at of the AGM for thts year so that is more acc¢ssible ond engaging. Th¢re was an external evaluation of AMAT stakeholders. Fundraisin ? and communication d¢v¢lo ment. The teamhave been able to merge the communication and fimdTaising sifdlegy into one document which is more str¢amlined and demonstrated the progress AMAT has been abl¢ to make with these two ar¢as. For the first time there is now a dedicated staff memb¢r looki￿ at social media as part of their role, whi¢h has led to a 160/0 increase in followers. The Charity shop has been refiwbished and rebranded to the Hive Clwity Shop. Th¢ creatitsn of an impact report as a more visual way of reporting the work AMAT Carries out and th¢ th'fference it makes wryll reach rnore supporters. Ov¢r the ￿urse of the y¢ar. the CEO and Senlor Management Team meet weekly and send the Board the action plan En7nules, this keeps tn￿teeS inforn]ed on a weekly basis of the manag¢m¢ni of the organisation. The Busines8 plan w&s reviewed and updated for 2024-2027 and because of the ext¢nsive progress on the pr¢vtous plan. AMAT was able to utilise the goals defin¢d during the Theory of Change exercis¢ ¢ompleted in 2022 (s¢¢ below) as its new goals going forward, streamlining the aims and objectives. and embedding the goa15 further into th¢ charity. The foeus of the overall direction of the org orgaDiSt4tion has shifted from improving to developing and thtureproofing. >IAT Theory of Change for AMAT Contex¢ AMAT Page 13 AMATUK | Annual Report 2024 AMATUK Trusteesl Report For the Year Ended 31 M#r¢h 2024 FUTURE PLANS l) Residentg, sirehglhs, needs 4nd ovt¢Dmes 8re at the cvntre of all AMAT'S work. Secure continuation fill￿]￿8 for 411 Hive Support Residents regarding a¢￿55 to th¢ir children. Successfully t¢nd¢T for tA)cal Authority support contracts. Improve Resident surY¢y. Reduce number of Residents who abondon the service. Work with SHIP team Tegarding the SHIP license. R¢vi¢w evaluation of diversity and inclusion plan based on the Hom¢less Link tool. 2) AMAT wlll be a well-knoHTh re5peeltd organlsation locally *nd within the bomeless sec.tor. R¢¢nJit according to the gaps from the skills audit. Create a more diverse board Review the evaluation of diversity and inclusion plan based on the Hom¢less Ltnk tool. D¢v¢lop the AGM. Hold more events to rais¢ -AMAT wlll attrACt relaln the he¥t t￿ent r¢gknnally. Continue to develop tbe wage strncture Review the training and d¢v¢lopment plan Develop and deliver tnenioring s¢h¢me. Cary out ¢valuation of diversity and inclusion plan is evet)rthing that could be done. b¢ing don¢? Cany out workfoToe analysis Work with Cranfield Trust on next phase of the resltucture. 3} AMAT wlll own Its property •nd be financlally AMAT will purchase a propety AMAT will work with # social investor AMAT WAII diversify its incoyn¢. Consistent languag¢ for communication Impa¢1 Statement development Website dev¢lopm¢nt Fundraising and communication strategy developed and maintained. rofil¢ FUNDRAISING In reviewing th¢ Business Plan, AMAT UK also began the process of reviewin8 the fundraising and communication stralegi¢s. The organisalion continues to significantly improv¢ its funding capability and is now focusing on dev¢lopm¢nt and fithireproofing, guided by th¢ goal$ identified in the Theory of Change workshops in 2022. During 2023124, AMAT developed sts first Impact ReporL dTawing together inforniation froni the Trnslees r¢port 2022123, Ihe Residents annual survey and the new Partn¢r and Stakeholder Review. All of these docum¢nts have proved valuable as furtdraisAng tools. ln addition, AMAT ¢ontinued to develop its thndraising infraslru¢ture. alongside the staff to deliver this cNcial cor¢ fun¢tion of the organisation. Although AMAT started 2023124 with a new Developm¢nt Officer in role, they w¢r¢ unfortunately head-hunt¢d for another gTganisation, but the benefit of this role was feli with 2023124 being a succ￿fUl year for fi￿draISing with the organisation raising more than £140,000. Fundraising successes included rdising much needed funds from The Nalional Lottery Cost4)f-Livin8 Fund (£37,074), the Sui¢ide Prevention Fund (£94,357 from the Departmenl of Health and Social Car¢ over 15 months), P¢opl¢'s Postcode Lottery (£50,0(Hl) and B&Q Foundation (£1,￿)0}. Tbe second instalment of a multi-y¢ar grant from Garfield W¢ston Foundation (£15,(th) to continue activities from 411 Hive supporting both AMAT Residents and th¢ thider local homeless ¢ommunity was also gratefully received. Signifi¢antly the organisation in¢r¢ased corporate donJtions to over £8,000 from organisations such as Cooling Castle Barn, Adam & Bowles Financial, South¢m Water and REMET, as well as those Corporate organisations who donate to The Big Give's Christmas Challenge. Small but vital fijnding also supported AMAT Residents from Medway Council Wellbeing Champitsns and Medway Council Food Partnership. This y¢aT the organis3tion also r¢¢¢ived many 'in kind, donations, including a fish and chip van comiT)g to AMAT'S main Squar¢ of properties and feeding more than 80 Tesidents. Events lik¢ this also had a publi¢ profile, and were featuT￿ in local and social m¢dAa posts, furth¢r Rnereasing the value of th¢m. AMAT Page 14 AMATUK | Annual Report 2024 AMATUK Trustees, Report For the Year Ended 31 March 2024 AMAT conlinues to develop the website and wnplify AMAT'S stxial media presence. Regular CEO Blogs and 'ca8¢ 8thdy' so¢ial m¢dia po#s have received a good engagement and have b¢¢n important tools kn conveying the issues AMAT fa¢es and addresses. A part-time eommuni¢ations rol¢ was allocated to an existing m¢mb¢r of Staff which has continued to develop and imptov¢ AMAT'S social media PTesence. increasing followers during 2023124 by 16ts AMAT UK is in a strong posilion to leverage more funds through diversifying its approach, adopting focussed fundraising ¢fforts and developing the organisatioD'S profil¢ and imhge. The funding ¢limat¢ is lik¢ly to Continue to b¢ tough, however AMAT bas ￿tat¢d strong relationships and should be able to draw on these in the ￿t￿re. QUALTfY MANAGEMENT SYSTEM AMAT achieved th¢ Charity excellence framework ￿andard. AMAT have continued to maintain th¢ Charity excellence framework Stsndard. The Audit team earri¢d out 51 audits. they fO￿d 47 observations and issues - 45 of them were Tesolved. The Board and Management reviewed 91 poli¢y and procedure docunTrenls. IUSK MANAGEMENr The lrnst¢es have assessed the major risks to which Ibe charitsble company is exposed, Wtth the production of a compreh¢nsiv¢ risk register and accompanying action plan, th¢ t¢om were able to remove ¢ovid as a Risk. We were able to achieve 5 mitigations and we add¢d 9 additlODa] Tisks to existing risk categories, wbi¢h didn't impact the overall risks. The board are satisfied that systems and procedures are in pla¢¢ to mttigate the charitabl¢ ¢ompany's exposure to most major risks. The cIMritable ¢ompany continues to implement the findings made by its auditOTS Teganling improv¢ments required to the financial systems. FINANCIAL MANAGEMENT AMAT employ a continuous improvement strategy lo its financial ￿l1¢y, procedures, and stsff to maintsin relevance in ternis of trends and sector forecasts, in addition to ertsuring it is inforn)¢d in temis of statutory r¢quirements. Trnstees routinely review all charitable income. expendityr¢ andreporting througb regular Managem¢nt Accounts. toensure the financial health ofthe Chariiy is being nutbjred for suslainability, valu¢ for money and quality s¢rvi¢e delivery. TREND ANALYSIS Due to the rapid pace of change in the sector the Senior Managemellt Team r¢main vigilant to the em¢Tging environment and ¢arrying out an environm¢ttial scanning exer¢ise annually. AMAT will continue to dev¢lop its stsff teams. ensuring that training is up-tO-dat¢ and ¢nsuring that stsff ¢(ympetencies are high. AMAT'S s¢nior staff will continu¢ lo hold good relationships with key partner organisations And develop new offi¢ial partnerships wherever possible. FINANCIAL REVIEW Incom¢ for the year amounted lo £3.88m. down £370k compared to in¢ome in 202212023. The principal reason for the fall was the loss of tb¢ floating suP￿rt contra￿ equating to £4￿￿k. Totsl expenditur¢ for the year was also down, falling slighily to £3.96m. Most of this expendinwe related to the ¢osts relating to the floating support contracl mentioned above. The r¢sult for the year was a deficit of £74k, compared to a SUTplus of £174k tn th¢ previous year. At 31 March 2024. the charity therefore had fund balances of £1.06m, down slightly from £1.14m in th¢ prior year. Of Ih¢5e £15k (2023: £27k) related to reslricted fimds l¢aving £1.05m (2023: £1. Em) in unrestricted fimds. Unrestricted filnds do include capitalised fixed assets which are hen¢¢ not available to fr¢¢ly spend on any of the charity's pur[￿. At 31 March 2024, the net book value of r￿e￿I assets, including propety held for charitable pu4)os¢s, was £742k (2023: £989k) and there were r¢la*d loans secur¢d on these ass¢ts r¢la*d to their purchase of £331k (2023.. £445k). Unr¢stn"¢ied funds th¢r¢fore include a net £41 Ik (2023- £544k) in r¢lation to property and oth¢r tangible assets. The ¢harity's trne 'fr¢¢' reserves as al 31 Ma￿h 2024. after deducting the Det amounts tied up in fix¢d asset$, theiefor¢ amounted to £636k (2023.. £565k). AMAT Pag¢ 15 AMATUK l Annual Report 2024 AMATUK Trustees, Report For the Year Ended 31 Marcb 2024 RESERVES POLICY It is the trustccs'policyto ￿SUr¢ at any one time there are sufficient frcc r¢8¢r¥￿ to m¢et the immediate vpctaling costs of the charitable company for a minimum of up to four weeks - approximatcly £320k. This l¢vel has been achieved and the continuation of our thr¢¢ year fun¢Jraising strat¢gy should ensure thai the clwltable company d¢v¢lops r¢scrYes fiuther over the next few years. In the long torni the charitabl¢ company will aim for fjjnds equivalent lo thc OPCTating Costs of 3 months as reserves. CLOSING STATEMENT The board are pleased to report on the progress made this y¢ar. The AMAT team have achieved a lot of strat¢gic intentions and remain passionate about continuously improving. As always, the ieam work¢d hard in challenging circumsian¢¢s and being shortlist¢d for the Kent Clwity Award8, Large Charity of th¢ Year certainly evidences this. The co$t-of-tivAng crisis and subsequent ree￿$10nhad hvo impacts on AMAT. Firstly, th¢r¢ was an estimated increase inhomel¢ssn¢8$ nationally of 25tl/fy wbi¢h meant there was a greater need for AMAT'S setvice. This was an impact felt right across the sectOT and hom¢less senTices generally. Secondly th¢re a shaTP iJcrease in costs, which sadly affected the bottom line of the organi$8tion. Whilst the situation is not ideal. AMAT were grateful lo have been award¢d some fimding from The National Lott¢ry Cost of Living Fund and the People's Post¢ode Loit¢ry specifically which support¢d AMAT to be in a better position fmancially than it would have otherwise been. With a new Business plan uryitlen and approved for 2025-2027. AMAT is set up to face the ¢hall¢nges ahead. The Board and team look forwJrd to systemic change and the end of hom¢l¢ssn¢ss so that AMAT no long¢r n¢¢ds to exist. A￿ditOr Thc auditors, UHY Hacker Young> hav¢ indicated their willingness to in office. alld the appointrn¢nt of auditor5 for 2022123 will be considered at lh¢ forthcoming Annual GeneTal m￿ting. Disclosure of inform*tion to auditor Each of the peTsons who arc Tru%te¢s at the time whcn this T￿$t¢¢$' report is approved has Confirmed tha¢ so far a5 that Trustees are there is no T¢levallt audit infornialion of which the Ch￿]￿ble con]paThy's suditor is unawaTe,' and the Trust¢¢s hav¢ taken all the steps that ought lo have been taken as a Trust¢¢ in order to be aware of any relevant audit infomiation and to establish that the charitable company's auditor is aware of that inforniation. This rep)rt was approved by the trustees and si￿)¢d on theirbehalf by.. Mr. G. Crozer, Chatr Mrs. E. Paterson Date.. 9 October 2024 &)AMAT Page 16 AMATUK l Annual Report 2024 AMATUK (A Company Limited by Guarantee) Statement of Trnstees, respojjsibilities For the Year Ended 31 March 2024 Th¢ Trustees (who are also the directors of the charity for the Pur￿ of compAtty IAW) 4r¢ responsible for prcpaTyng the TnL8tees' Report and the financial statmients in accordance with appli¢abl¢ law and United Kingdom Accounting Standard5 (unit￿ Kingdom Gcncrdlly Acccptcd Accounting Pra¢tic¢). Company law requir¢$ th¢ Trustees to prepare financial stat¢m¢nts for each finaneial yeat. Under ¢ompany law, the Trustees must not approv¢ the financial ststements unless th¢y are 5at15fied that tbey give a ttv¢ and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, iJcluding ils income and expenditure. for that period. In preparing these fllhancial statements, th¢ Tru8t¢es are Tequired to.. select suitable a¢counting policies and then apply them consistently. observe the methods und principles of the Charities SORP (FRS 102). make judgments and accounting estimat¢s thai are reasonable and PTudent" state whether applicable UK Accounting Standards (FRS 101) hayc been followe¢ subje¢t to any material departures dis¢los¢d and expl8in¢d in the financial ststetn¢nls' prepare the ftsiancial statements on the going concern basis uDl¢ss it is inappropriate to PT¢sumc that the chaTily will continue in busincss. The Trnstees are responsible for keeping adcquate accounting rccords that Are Sufficicnt to show and explain the charl￿S transactions and disclose with reasonabl¢ a¢¢uracy at any tim¢ the ftnancial posttion of the charity and enabl¢ then] to ensure that thc financial statcments comply thc Companies Act 2006. They ar¢ #Iso rcsponsible for saf¢guarding the assets of the charity and hen¢¢ for taking r¢asonable steps for the prevention and d¢tection of fraud and other iTregularitl¢S. Approved by order of the members of the board of Ttustees aJMI si8n¢d on its behalf by.. Mr. G. Crozer (Chair of Trustees) og Dat¢.. 9 October 2024 &)AMAT Page 17 AMATUK l Annual Rèpplt 2024 AMATUK (A Comp8ny Llmlted by GuArantee) Independent Audltors, Report to the Member5 of AMATUK Opllllo We have auditrd th¢ financial statements of AMATUK (Ihe'charity) for ¢h¢ year ended 31 March 2024 which compris¢ the Statenient of Financial Activities, the Balance Sheet, the Staten]ent of Cash Flows and the related notes, including a summary of significani a¢counling poli¢i¢s. Th¢ financial reporting framework that has been applied in iheir preparation is appli¢able law and United Kingdom AccounliThg Siandards, including Finan¢ial Reporting Standard 102'The Financial R¢porting Standard applicable in the UK and R¢publi¢ of Ireland, (United Kingdom G¢n¢rally A¢cepted Accounting Practice). In our opinion the fuwi¢ial stat¢ments.' give a trne al￿ fair view of the state of the chaTYtabl¢ ¢ompany's affairs as at 31 March 2024 #nd of its incoming resources and application of resources, in¢luding its income and expendilur¢ for the year then ended. have been properly pr¢p8Ted in accordance with Uniied Kingdom Generally Accepted Accounting Practice" and have been prepared in accordance the requiY¢m¢nts of the Companies A¢t 2006. B*sls for oplnlo We conducted our audit in accordaDce with International Standards on Auditing (UK) (ISAS IUK)) and applicable law. Our responsibilities under those standards are further described in th¢ Auditors, responsibilities for the audit of the financial stai¢m¢nts 8e¢tion of OUT report. We ar¢ independent of the charitabl¢ company in accordanc¢ with th¢ ethical requirements that ar¢ relevant to our audit of ihe financial statements in the United Kingdom, including ihe Financial Reporting Council's Ethi¢al Standard, and we hav¢ fulfilled our other ¢thical re8ponsibiliti¢s in accordance with these requir¢m¢nis. We believe that the audit ¢vidence we have obtsin¢d 1$ suffici¢nt and appropriate to provide a basis for our opinion. Concluslons rela¢lng to golng concern In auditing the flnancial statements. we have concluded thai th¢ Tntstees, use of the going concern basis of accounting ID the preparation of th¢ financial statements is appropriate. Based on the work we have p¢rfornied, we have not id¢niified k)ny material un¢¢rtainties relating to ev¢nt$ or conditions that, individually OT ¢oll¢¢tively, may cast significant doubt on the charitable company's ability io ¢ontinue as a going concern for a period of at least velve months from whtn the financial stat¢rnents auihorised for issue. Our r¢spollsibilities and the r¢sponsibilities of the Trnstee5 wilh respect to going concern ar¢ des¢Tibed in the relevant Sections of this report. Other Infomado Th¢ oth¢r infomiation compri$¢g the infornution in¢luded in the Annual R¢port other than the finaneial statements and our Auditors, Report thereon. The Ttvstees are rc5ponsible for the otber infomtion contained within the Annual Report. Our opinion on the financial slalements does not cover th¢ other infornialion and. except to the exlenl Otherwise explicitly stal¢d in our report. w¢ do not express any forni of assuran¢e conclusion th¢r¢on. Our responsibility is to read the other illfonnation and, in doing so, ¢onsider whether the other infomi#lion is materially inconsistent with the financial stalements or our knowledge obtain¢d in the course of th¢ audit, OT otherwise appears to be m#terially misstated. If w¢ identify such mat¢ri81 inconsistencies or apparent material mis$tat¢ments, we are r¢quir¢d to detern]in¢ wh¢Èher this give5 ri$¢ to a material misstat¢ment in the financial stal¢ments themselve5. If, based on the work we have p¢rforn)e4 we conclude Ihat there is a material missiaiemenl of this other infornmtion, w¢ ar¢ r¢quired to report thJt fact. We bave nothillg to report in this regard. OpAlllon on other mAtters prescribed by the CompaDies Aet 2006 In our opinion, based on the work undertaken in the ¢ours¢ of the audit- the inforniation given in the TNstees' Report for the finan¢ial year for which th¢ fitkancial statements are prepared is consistent with the financial stat¢ments. the Trustees, Report has been prepared in accoYd8n¢e with applicable legal requirements. P&ge 18 AMATUK (A Compgny Limited by Guarantee) Independent Audltors, Report to the Members of AMATUK (continued) MAtters on whleh we *re required to report by eT¢eptlo In the light of our knowl¢dg¢ and understanding of the charitabl¢ Company and its environment obtained in th¢ ¢ows¢ of the audit, we have t)ot ideniifi¢d maleTial njisstatements in the Trustees, Report. We have nothing to report in respe£t of the following matteTS in relation to which Companies Act 2006 requir¢s us to r¢port lo you if, in our opinion.. adequate a¢¢ounting records have noi b¢¢n kepL or returns adequat¢ for our audit have not b¢¢n r¢¢¢ived from branches not visited by us. or the financi41 statements are not in agreemellt witb the accounting T¢cords and returns., or c¢rtain dtsclosures of Tn￿te¢s, remuneratioji specifi¢d by law are not mad¢; or we have not re¢¢iv¢d all the infornlltion and explanations we requir¢ for our audit. OT the Trustees were not entitled to prepare the financial statements in a¢¢ordance with the small ¢ompanies regime and tak¢ advanthg¢ of the small eompalli¢$' exemptic+ns in preparing the Tn￿tees, Report and from the requirem¢nt to prepare a Strategic ReporL Responslbllities of trustees As explained mor¢ fully in the Truste¢8' Responsibiliti¢$ Statement. the Trust¢¢8 (who are also the directOTS of the charitabl¢ Company for the purposes of company law) are responsibl¢ for the prewats'on of the financial stat¢m¢nts and for being satisfied that they give a true and fatr view, and for such internal control as the TnLslees detern)in¢ is necessaJy to ¢nabl¢ the preparation of f￿anCIal 5tstem¢nts that are free from ma*rial misstateJn¢nt, whether due to fraud or error. In preparing the financial statements, the Trnstees aT¢ responsible for ass¢ssing the charitable ¢ompany'5 ability to continue as a going concery disclosing? as applicable, matters r¢lated lo going con¢¢rn and using th¢ going concern basis of accounting unl¢ss the Trustees either int¢nd to liquidate th¢ charitable company or lo cease op¢rations, or have no r¢alisli¢ alternative but lo do so. Auditors, responsibilities for the audit of the finaDeial ￿￿tementS Our objectives are to obtain reasonable assurance about whether the fmancial ststen)¢nts as a whole are free from mal¢rial misstatement, whdh¢r due to fraud or ezror, and to i$$ue an Auditiirs, R¢port that includ¢s our opinton. Reasonable assuran¢¢ is a high level of assurance, but is not a guarantee that an audit conduct¢d in accordan¢e with ISAS IUK} will a]ways detect a material missiai¢m¢nÉ when it exists. Misstatements can arise from fraud or errol. and ar¢ ¢onsidered Materi￿ if. individually OT in the aggregat¢, they could reasonably be expect¢d to intluenee th¢ economic decisions of users tsken on the basis of these f]nancial stst¢ments. I￿egUlaTIties. including fraud. are instances of non-(',ompliaJce with laws and regulations. We d¢$ign procedures in lin¢ with our responsibilities, outlin¢d above, to det¢¢t material mis￿al¢Ments in resp¢ct of irregulariti¢s, including frnud. The extent to which our pro¢¢dures at¢ ¢apabl¢ of det¢¢ting irregularities, in¢ludtng fraud is detailed b¢low.' How the audit wds Considered capable ofde¢eedAz Irregularilies Ih¢ludingfMu4 Our approach to id¢ntifying and 4$$essing the risks ckf material misststement in r¢sp¢ct of irregularities, including fraud and non- complian¢¢ with laws and regulations. wa8 a5 follows: we identified the laws and Tegulations applicable th the chartty through disc￿lOnS with management, and from ovr ¢ommercial knowledge and experience of the 5ector.' we focus¢d on speeifie laws and regulation5 whicb we ¢onsidered may have a direet material effect on the accout)ts or the operntiorjs of the ¢harity, including the Companits Act 2006,. we assess¢d the extent of compliance with the laws and Tegulations td¢ntified above through making enquiries of management and inspecting ¢orre6ponden¢e.' and identified laws and regulations were ¢on)municated within the audit leam and th¢ tsam remained alert to instan¢es of non omplian¢¢ throughout th¢ audit. W¢ assessed th¢ susceptibility of the charity's accounts to malerial mi88taietDeThl, including obtaining an understanding of how fraud might ￿¢Ur. by: making enquiries of man8gem¢nt as to wher¢ they considered ihere was su$¢¢ptibility to fraud. their knowl¢dg¢ of actual. susp¢¢ted and alleg¢d fraud. and considering the internal controls in place to Mitigate risks of fraud and noD-¢omplianee with laws and regulations. Page 19 AMATUK (A Company Llmlted by Guarantee) Jnd¢pend¢nt Auditors, Report to the Members of AMATUK (¢ontlnued) To address the risk of fraud through managernent bias and ovcrride of controls, we: p¢rforni¢d analytical procedures io identify any unusllal or un¢Kpected relauonships. test¢d journal entries to identify unusual transactiOD5' a8s¢ssed wh¢ther judgemcnts and assumptiODS made in deterniining the accounting estimat¢s set out in tbe accounting polici¢8 were indi¢ative of pot¢ntial bias- and investigated the rationale behind signifi¢ant or unusual transactions. In response to th¢ risk of irregularities and nonrfompliance witb laws and regulations, we desi￿ed procedures which included. but wer¢ not limited to.. agreeing financial 8tat¢ment disclosures lo und¢Tlying supporting documentalion" readlng minut¢s of Jneetings of those ¢harg¢d with governance" and ¢nquiring of management and r¢pr¢sentstives of Trustees #s to a¢wal and potential litigation and claims. Because of the inherent limitstions of an audil, there is a risk that we vlill noi detect all irregulariti¢s, ineluding those leading to a mat¢rial misstatemellt in thc f￿anCIal statements or non-wrnpliance with regulalion. This risk increases ihe more that cgmpliance with a law or regulation is rcrnoved from the events and transactions reflected in the financial statements, as we will bc l¢ss liktly to become aware of illstsnces of noll-compliance. The risk is algo greater regarding irregularitics occurring due lo fraud rather than error, as fraud iDvolves intentional Concealm￿1, forgery, collusion. omission or misrepresentstioTh. A further description of OUT responsibilities for th¢ audii ofthe financial stat¢m¢ntS l5 located on the Financial Rq)orting Council'8 websit¢ at: www.frc.or '.uklauditorsres onsibilities. This dcsoiption fornts part of our AuditOTS' Report. Use of report This report is made solely to th¢ eharitable company's members, as a body. in accordan¢e with Chapter 3 of Part 16 of the Companies A¢1 2006. Our audit work h8$ b¢¢n undertaken so thai w¢ might slale to the choritsbl¢ conpany's members those matters we are requir¢d to state to them in an Auditors, Report and for no other PUTPQSe. To th¢ fijllest extent permilt¢d by law, we do not accept or assume responsibiliry to anyone other than the ¢l)aritable company and its m¢mber4 &$ a body, for our audit work, for ihis repory or for the opinions we have fornied. Allan Hl¢kie Bsc FCA {Stnlor statutory audltor) for and on behalf of UHY H$¢ker Young Chartered Accountants Statutory Auditors Thames House Roman Square Sittingbourn¢ Kent ME104BJ Dat¢.. 22 November 2024 Page 20 AMATUK (A Company Llmlted by Guarantee) Statement of finxneial activities (incorporating income and expendlture account) For the Year Ended 31 Mar¢h 2024 Unrestrlctsd funds Restrleled ￿ndS 2024 2024 To¢al funds 2024 Tothl fynds 2023 Notr Ineome from: Donations and legAei¢s Charitable activities 68,322 3,739,113 2,109 74,524 142.846 3.739,113 2.109 74.227 4.173.768 3.985 bhvestmcnts Tot￿ income 3,809,544 74.524 3,884,068 4,251,980 Exp¢ndlthre on: Raising funds Charitable activities 3,930 3,868,065 3,930 3,953,953 6.456 4.071.303 85,888 Totsl expelldltvre 3,871,995 85.888 3,957.883 4,077, 759 Net movement in funds (62,451) (11,364) {73,815) 174,221 Re¢•n¢iliation of funds: Total funds brougbt lonvard N¢t movement ITh fimds 1.109,282 (62,451) 26,627 (11.364) 1,135,909 (73,815) 961.688 174.221 Total funds ¢4rried forward 17 1,046,831 15,263 1,062,094 1,135,909 The Statement of Financial Activities includes all gains and lo￿$ rccognised in the y¢ar. The not¢s on pages 24 to 38 forn) part of these fmancial statements. (aAMAT Page21 AMATUK l Annual Report 2024 AMATUK (A Company LinAited by Guarantee) Registered number: 05159125 Balance Sheet As at 31 March 2024 2024 2023 Note Flxed assets T8llgible assets Inv¢stment propety 12 742,276 739,868 250,000 13 742276 989.868 Current Assets D¢biors Cash at bank and in hand 14 571.024 460.067 518,351 435.630 1,031.091 953,981 Creditors: ajnounts fallillg due within one year 15 {382,117) (303,524) Net current assets 648,974 590,457 Tot41 a55ets le$$ current liabilitie5 1,391,250 1,580.325 Cr¢ditors'. amounts falling du¢ after more than one 16 (329,156) (444.416) Totsl net assets 1,062,094 1. 135,909 Charlty fund5 Restri¢t¢d fvnd8 Unrestricted ￿llds 17 15,263 1,046,831 26,627 1.109,282 17 Tot￿ fund$ 1,062,094 1,135,909 The Trnstees acknowledg¢ iheit responsibiliti¢S for complying with the requirements of th¢ Act with Tespect to accounting records and Preparation of financial Statem￿ts. The fittanci81 statements have been prepared in ac¢ordance with the provisions applicable to entities subject to the sm811 companies rcgim¢. The finan¢ial statements wer¢ approved and authoris¢d for issue by th¢ Trnstses and Si￿ed on th¢ir behalf by.. Mr. G. Crozer (Chair of Ttust¢¢5) Mrs. E. Paterson Date: 9 October 2024 The notes on pages 24 to 38 forni part of these fu￿nCial statements. &)AMAT Page 22 AMATUK l Annual Report 2024 AMATUK (A Company LIll￿ted by GuAr8ntet) Statement of C*gh Flows For the Year End¢d 31 March 2024 2024 2023 Note C*sh flows from operatlng grtlvStSes Net used in operating activities 19 (64,481) 99,gQO Casb flows from Investlm2 *etMties Dividends, interests and rent5 from inveslments Proceeds fivm th¢ salc of tangible fixed ass¢ts Purchase of tsngRI)Ir fixcd assets 2,109 270,118 (64,782) 3.985 750 (33.446) Net cash provided byl(used In) Investing actlvitles 207.445 (28,711) Cash flow$ from fmanelng a¢tlvltl C&sh inflows from new borroMqnE Repayments of borrowing 34,769 (153.296) 58.256 (41.494} Net e&8h (used inypr0￿ded by flnaneing aetlvldes (118,527) 16.762 Ch4nge in cash and cash equiv￿e￿ts Ill the yeAr Cash and casb equivalents at the beginning of the year 24.437 88,041 435,630 347.589 Cash and cash equivalents 4t the end of the year 20 460.067 435.630 The notes on pages 24 to 38 forni part of these financial statements (&)AMAT Pa8¢ 23 AMATUK l Annual Report 2024 AMATUK (A Company Limitsd by Guarantee) Notes to the Financial Statements For the Year Ended 31 March 2024 Gentr*l lllformatlo The ¢h4ritsbl¢ company is a company limited by gLwaniee, registered in England and Wales. Its reg1￿Cred offie¢ is 411 High Str¢¢l, Chatham, Englan(L ME4 4NU. Aceoun¢ing poll¢les 2.1 Ba818 of pr¢p#ratlon of fillanci￿ statements The financial Statements have been prepar¢d itt aeeordance with the Chariti¢s SORP (FRS 102) - Accounting and R￿Orting by Clwilies: Statement of R¢¢ommended Prnctice applicabl¢ to charities preparing their accounts in accoTdance with the Trinancial Rqx>rtillg Standard applicablc in the UK and Republic of FT¢land (FRS 102) (effective l January 2019), the Financial Reporting Stsndard applicable in thr UK and Republtc of treland (FRS 102) and the CotnpaDies Act 2006. AMATUK meets the dcfJniti(m of a public benefit ¢ntity under TrRS 102. Ass¢tS 2nd liabilities are initially r¢cognised at historical cost or transaction value unl¢ss otherwise stated itl th¢ T¢l¢vanl accounting policy. 2.2 Compsny status Tbe trust is a wmpany limitcd by guaranlee. The mcmbffs of the company ar¢ the truslees named on pag¢ l. In th¢ ¢v¢nt of the trnst being wound up. the liabi]ity in respecl of the guarantee is limiled to £1 per member of the trusL 2.3 Going eoneern Th¢ trustees assess wh¢ther the use of going ¢oDrern As appropriate i.¢. whdher there are any material ullcertainties r¢lat¢d to events or ￿ndItionS that may c&st significant doubt on th¢ ability of the ¢haritable company ts> Continue as a going oncern. The trnstees mak¢ thi$ &ssessment in re5P¢Ct of a period of at l¢a$t one year from th¢ dat¢ of authorisation for issue of the flnancial stst¢m¢nts. Homelessn¢ss is a real and growing national issue. AMATUK is the larg¢st supplier of seryiccs in supporied accommodation in Medway for thos¢ who arc, or who ar¢ at risk of hom¢l¢ssness. AMATUK have developcd througb continuous improvement, An exemplar seTYice aDd builds upon the su¢eess of the Charity year on year. 2.4 lo¢ome All ineome is recognised once the chaTity has entitlement to th¢ income, it is probable that the income will be received and the amount of Trncome r¢c¢iYable can be measuTed rcliably. Grants are included in the Statement of Pinancial Activities on a receivable basis. The balance of income Teceivd for specific purposes but not expend￿ durAng the period is shown in the rel￿ant funds on the Balan￿ Sheet. Where in¢ome is r¢¢¢ived in advan¢c of entitlement of rc¢¢ipL its recognition is deferred and included in creditOTS as defetred income. Where enlidcm¢nt occurs before income is received, the income is accru￿. Other incon]e is recogniscd in the period in whi¢h it is receivablc and to the extent th¢ goods have been provided or on complction of the servic¢. 2.5 Expendi¢ure Expenditure is ￿COgnIsEd once theTC is a legal or constrnctivc obligation to transfer economic benefit to a ibird party. it is probable that 8 transfcr of economic bencfits will be requir¢d in settlement and the aTnount of th¢ obligation Can be m￿SUred reliably. Expellditure is classified by activity. Th¢ c￿ts of each activity are made up of the total of diTCCt costs and shared costs, including support costs involved in undertaking ea¢h activity. Dllr￿t costs attributable to a $inglc activity are allocated directly lo that aetivity- Shared ¢os15 which contribute io more than on¢ a¢tivity and support ¢osts which are not attrlbutable to a $ittgle activity ar¢ apportioned betw¢¢n those activities on a basis consistent wiih the use of resourees. Central staff costs are allo¢at¢d on the basis of tim¢ spenL and depr¢eiation chaTges allo¢a*d on the portion of the asset's se. Page 24 (&AMAT AMATUK l Annual Report 2024 AMATUK (A Company Limited by Guarantee) Not￿ to the Financial Statements For the Ycar Ended 31 March 2024 Aeeounting policies (Continued) 2.5 Expenditure (contlnued) Expenditure on raising funds includ¢8 all ¢xpeDditure incurred by the charity to rais¢ funds for ils ¢lyaritable purpose5 and tncludes ¢o$ts of all fundraising activities events and non-¢haritsble tra(liThg. Exp¢nditur¢ on charitable activities is incurred on directly undertaking the activities whieh furtb¢i ihe ¢haritys objectives, as well as any associated Support costs. All ¢xp¢ndinwe is inclusive of irTecoverabl¢ VAT. 2.6 Tanglble fixed assets and deprefiation Tangiblc r￿ed assets costing £500 or more are capitaiised 2nd reCo￿ls¢d when future economic benefits ar¢ probablc and the cost or valu¢ of thc asset ca)) be measur¢d r¢liably. Tangibl¢ f￿ed assets ar¢ illitially r¢cognised at cost. After recognition, under the cost tllodel, tangibl¢ fixed a&sets are measured at cost Icss accumulated depr¢¢iation and any accumulatrd irnpairmcnt losses. All costs in¢uFr¢d to bring a tangiblc fixed asset into its int¢nd¢d working condition should be included in the measurement of cost. Depreciation is ¢harg¢d so as to allocat¢ the CO￿ of tangible fixed assets less their residual value ov¢r theiT estimated use￿1 lives, usin8 th¢ straight-line method. Depreciation is provided on the followtng bases- Freebold propety Motor vehicles Fixtures and fittings 20/0 straight lin¢ 25f/lo straight line 10.250/• straight line 2.7 Flnallelal kn$truments Th¢ charity only has financial assets and financial liabiliti¢s of a ktnd that qualify &s basic financial tnstruments. Basic financial instrum¢nts ore initially reeognised at trat]saction value and subsequ¢ntly measured at their settl¢menl value with the ¢x¢¢ption of barJL loans which subsequ¢D¢ly measuTed at amortis¢d cost using the effective interest method. 2A Operadn% leases Rentsls paid undrf operating le&s¢s ¥Te charged to th¢ Ststement of Financial Activities on a Straighi-line basis ov¢r the lease t¢rnL 2.9 Fund aeeouDtAng General fvnds ar¢ unrestricted fimd$ which are available for use at the discretion of the Trustees in fi￿heran¢¢ of the 8en¢r41 objectives of th¢ ¢harity and whieh have not been designated for other purposes. R¢strt¢ted funds are fimds which ar¢ to be used in aeeordance with specifi¢ r¢strictions impos¢d by donors or which have been rdised by the chority for particular purposes. Th¢ costs of raising and administering such funds are charged against the specific fimd. The aim and use of each restri¢t¢d fund is set out in the notes to th¢ financial ststements. Inv¢stment income, gains and losses are allocated to th¢ appropriate o&AMAT Pa8e 25 AMATUK l Annual Report 20Z4 AMATUK (A Comp94ny Limited by Guarantee) Notes to the Financial Statements For the Year Ended 31 March 2024 Crltleal accounting eslim￿te$ and judgment Estimates and judgn]ents are continually evaluated and are bas¢d on histori¢al ¢xp¢rience and other factors, including expectations of future events that b¢lieved to be r¢asonable under the circumstances. Criti¢81 awiunting estimate5 and as5umption$: Provision for doubtful debts.. AMATUK'S policy is set to allow residcnts th¢ b¢sl p08sibl¢ opportunity to pay debts off which means longstanding dcbts r¢tnain in dcbtors long¢r than expccted times in a commercial environmcnt. K¢sid¢nts who leave the 5cr%ryce in debt and return WAthin a two year period have their debt remain and b¢ managcd. All bad debt is written off two years aftcr thc r¢sident bas vacated. Fair value of Freehold Pro The chaTity's freehold property was professionally valued in 2022 on an open market basis. No fornial valuation has b¢¢n obiain¢d for the 2024 year end - the trusl¢¢s hav¢ opted to review the market and hav¢ ¢onelud¢d that no maTrrial change lo the valuation from 2022 n¢ed be reflected. However, theT¢ is an inevitable degree of judgement involv¢d in Ihai ihe pro￿rtY is uniqu¢ And value can only uliirnately b¢ T¢liably tested in the market itself. Th¢r¢ ar¢ no funber 5igtiificant ar¢8s of judg¢ment or key assumptions that aff¢ct items in the financial stat¢m¢nis oth¢r than thos¢ included within the a¢¢ounting policies described above. Imcome from donatlons and legacies Unre5trieted funds 2024 Restricted funds 2024 Totsl funds 2024 rolal fvnds 2023 Donations 18.322 50.000 18,322 124,524 13.452 00.775 Grants 74,524 68.322 74,524 142.846 74,227 Analys￿ of2023 10101 13.452 60, 775 74.227 locome from eharitsble #¢tivStle$ Unrestricted Cunds 2024 Total nd$ 2024 Tolal fvnds 2023 Housing and support T¢mporary accommodatii)n Provision of facilities 3.384,458 165,100 189.555 3.384,458 165,100 189,555 3,439.932 J54.44J 579.395 3,739,113 3,739,113 4,173, 708 Analysiv of2023 total 4.173. 768 4, 173, 768 &)AMAT Page 26 AMATUK ! Annual Report 2024 AMATUK (A Company Llmited by Guarant¢¢) Notes to the Flnaneial Statements For the Year Ended 31 March 2024 Investment Income Unrestiicted funds 2024 Total funds 2024 Total funds 2023 Rent Teceivable 3.583 402 Bank interest 2.109 2.109 2,109 2,109 3.985 Total 2023 3,985 3,985 Amatysls of expendithre on charitsble activities Summary by fund type Unrestiicted funds 2024 RestrActed nds 2024 Tot41 2024 Tolol 2023 Housing and Support 3.868.065 85.888 3,953,953 4,071.303 Analysif of2023 total 4,018,065 53,238 4,071,303 Analysis of e4)ellditure by grtivilles Acti￿tIeS undertaken directly Support eosts 2024 2024 Total funds 2024 Tolal 2023 Housing attd support 3.847,146 106,807 3,953,953 4,071,303 Total 2023 3,976, 781 94.522 4,071.303 &)AMAT Page 27 AMATUK l Annual Report 2024 AMATUK {A Company Limited by Guarantee) Notes to the Financial Statements For the Year Ended 31 March 2024 AnAlysls of expendithre by activities (Continued) ADaly*is of dirtet costs Total funds 2024 Total 2023 Staff costs 1,294,685 53,902 1.559,428 196,469 8.038 7.718 19.075 18.279 61,494 206,089 136,438 88,874 26,841 58.544 8.500 11.416 60.268 33,916 (2,828) 1,302,370 56.324 1,569,808 200,427 89,930 9.221 18.892 16. 795 D¢preciation Rent Repairs and maintenance Security services Fire, health and safety Training and staff costs Motor and travel Telephone Gas and utilities Council tax and water rates Hostel supplies and r¢freshments Cleaning and launthy Legal and professional CounselliDg fe¢s Finance charges and interest Insurance 05. 750 185.565 135, 795 75.955 2J,998 54.037 0.366 50,501 36,888 22, 159 Bad debts Sundry 3,847,146 3,976, 781 Allatysis of support ¢osts Total funds 2024 Tolal 2023 Po$tsge, stationery and computing Legal and professional Payroll and managemeni accountancy Finan¢¢ charges and interest 52,592 10,81)0 7,567 35,848 48.678 io.ooo 7.478 28.360 106.807 94.522 raAMAT Pag¢ 28 AMATUK l Annual Report 2024 AMATUK (A Company Linjfited by Gu2r2nte¢) Notes to the Financial Statements For the Year Ended 31 March 2024 Auditors, remuneratlon 2024 2023 Fees payable to the Charity's auditor for the audit of the cbariws annual accounts 10,800 10.000 io. Stsff costs 2024 2023 Wages and solaries Social s¢¢urity costs Contrlbution to defined contribution pension s¢h¢mes 1,175,231 95,560 23,894 1.238,055 98. 764 25.551 1,294,685 1.362.370 No statutory redundaucy payments were paid lo employees (2023.. £2.250 was paid to one employ¢¢). The average nwnber of persons en)ployed by the charity during th¢ y¢ar was as follows.. 2024 2023 No. Management Oth¢r slaff 47 50 55 58 The ttv¢rag¢ headcount expressed as full-tlme equivalents was: 2024 No. 2023 Management Other staff 43 47 51 55 No employee received remuneration amounting to more than £60.000 in eitber year. Th¢ k¢y management pcrsonnel of th¢ charitsbl¢ company compris¢ th¢ trustces and the s¢nior management team. The totsl amount of ¢mployee benefits (including employer pension And national itssuran¢¢ contiibutions) received by key management personnel for their services to th¢ clwitable company was £204,247 (2023- £196.205). li. Trustses remuneration #nd expenses During the year, no Trustees r¢¢¢ived any remuneration or other b¢nefits (2023 - £NIL). tthAMAT Pa8e 29 AMATIJK l Annuèl Report 2024 (A Company Limited by Guaranlee) Notes to the Flnaneial Statements For the Y¢ar End¢d 31 March 2024 ii. Trustees, remuneration and expense$ (eonilnued) DurirLg the year ended 31 March 2024, expenses totalling £715 were reimburs¢d or paid direetly to 2 TTh￿tees (2023 - £NIL to no In￿tee￿). The exp¢ns¢s w¢re to Teimburse the trustees for travel costs, mobile Costs. ¢omput¢r costs and DBS checks. 12. Tangible r￿ed assets Freeknold property Motor vehicles Ffixtsr¢8 and fittlngs Total Cost or valuation At l April 2023 Additions Disposals 675,000 39,666 18.495 (12,851) 247.766 46,287 (25,176) 962.432 64,782 (38,027) At 31 MaTch 2024 675,000 45,310 268,877 989,187 DtprtefiAtSon At l April 2023 Charge for the year On disposals 11,341 11.341 21.303 10.767 (8.955) 189,920 31,794 {20.600) 222,564 53,902 (29,555) At 31 March 2024 22,682 23.115 201,114 246.911 N¢t IM￿k value At 31 March 2024 652.318 22,195 67.763 742,276 Al 31 March 2023 665.659 18,363 57,840 739.868 The fr¢¢hold property wa5 ind¢p¢ndently valued by Knight Freeman Chartered Swv¢yors on 14 March 2022 Èt a value of £675.000. The charity has adopted a policy of revalualion for tangible f￿ed assets. Had th¢￿ assets been measur¢d at historic cosL th¢ canying ￿lU¢S would have been as follows.. 2024 2023 Freehold property 535.118 547.212 taAMAT Page 30 AMATUK l Annual Reptsrt 2024 AMATUK (A Company Limit¢d by Gu*rant¢e) Notes to the Financlal Statements For the Year Ended 31 March 2024 13. Investment property Invvtment prnperty At l April 2023 Disposals 250.000 (250,000) At 31 March 2024 The investment propety had been independently valued at £250,OIM) on 14 March 2022. and w&8 sold on 14 February 2024. 14. Debtors 2024 2023 Trade debtors 439.308 131,716 384.170 J34.181 Prepayments and accNed iD¢ome 571,024 518.351 Is. Creditors: Amounts falllng due withln One year 2024 2023 Bank loans Other loans Trade creditors Oth¢r taxation and social security Other creditors Accruals and defe￿ed in¢ome 11,640 14,983 82,961 45,698 153285 73,550 14.607 15.223 48,030 64,890 128,553 91,555 382,117 303.524 Deferred income, analys¢d below. comprises housing benefit, shortfall and rental income relating to ibe next a¢¢ounting period- 2024 2023 Deferr¢d income at l April 2023 Resources deferred duTing the year Amounts released from previous p¢riods 40,392 23,201 {40.392) 40.407 40.392 (40.407) 23,201 40,392 &)AMAT Page31 AMATVK l Anntsal Repori 2024 AMATUK (A Company Llmited by Guarantee) Notes to the Financial Statemcnts For lh¢ Year Ended 31 March 2024 16. Creditors: Amounts f*llin% due after more than one year 2024 2023 B4mk loans 319,489 9,667 430,749 13.667 Oih¢r loans 329,156 444,416 Bank comprise: A mortgagc sccur¢d oveT 409415 Higb Strccl, Chatham. a freehold property owned by the trllst. The mortgage is r¢payabl¢ by variable monthly repaymcnts ov¢r 25 years Lmtil 2043 at a variable interest rate of the basc rate plus 3.60/0. Other loans eomprise: A loan of £20,000 from Kent Community Foundation via th¢ K¢nt Social Entetprise LoaD Fund, to assist with the pur¢has¢ and installation of a lift at 411 High Street, Chatbam. The loall is repayable over 5 y¢ars at att interest rat¢ of 5ty/0 per am)um. The mount outstanding at 31 Mareh 2024 was £13.667. A credit agreement of £28,866 with Close Brothers Premium Finance. taken out in respect of the various annual insurance premiums. R¢payments are made in 10 monthly instslmenls, with th¢ final payment to b¢ mad¢ in June 2024. Thc amount outstanding at 3 1 March 2024 was £8,644. A credit agreement of £5,902 with Axa Insurance, tsken out in respect of the fleet in8UTance premium. Repaym¢nts are made in I I monihly instalmcnts, Thith the fjnal paYm￿t to be made in August 2024. The amount outstanding at 31 March 2024 w&8 £2,646. Th¢ aggregate amount of liabilities payable or T¢payable wholly or in part more tban five years after the reporting dat¢ is: 2024 2023 Payabl¢ or repayable by instalments 272,980 370.354 AMAT Pag¢ 32 AllIATUK l Annual Rewrt 2024 (A Company Llmlted by Gu84rant¢e) Notes to the Financial St2tements For the Year Ended 31 March 2024 17. ststement of funds St4¢en*nt of funds- turrent year BAlante at I April 2023 Tran8fer8 IDlout BalaDte at 31 Mxrtb 2024 Income EXpendIt￿re Unrestrl¢ted fundj Gcncral Pund 919,063 3,759.544 50,000 (3,821,995) (50,000) 190,219 1.046.831 Players of Peopl¢'8 Postcode Lottery Revaluation res¢ry 190.219 (190,219) 1,109,282 3.809.544 (3,871,995) 1,046,831 Restrlded ￿n￿8 Ground Work UK Nationwide Foundation Albert Hunt Trust 250 {250) (8,219) (3,502) (15.000) 8219 3,502 10,000 Garfi¢ld Weston Foundation The National Lottery Fund - Perforn]ance for All 15.000 10.000 2,722 (2,722) Fidelity UK Foundation Community D¢v¢lopment Fund Th¢ National LotteTies Cost of Living M¢dway Food Parth￿S m￿WaY Champlons St Jamcs's Place 2,184 (2,184) (37,074) 37,074 1,800 900 1,8(X) 463 (437) 3.000 16,500 3,000 Suicide Prevention Grant (16,500) 26,627 74,524 (85,888) 15,263 Tot*1 of funds 1,135,909 3,884,068 (3.957.883) 1.062.094 (&AMAT Page 33 AMATIJK l Annual Report 2024 AMATUK (A Company Limited by Guarantee) Notes to the Finaneial Statements For the Year Ended 31 March 2024 17. ststement of fund$ (¢ontlnued) The specific pu￿oSe5 for which the fimds are to be applied are a5 follows: Reslrithed funds Ground Work UK provided finding for activities relating to the King's coronatiotL The Nationwide Foundation grant {matthg¢d by K¢nt Community Foundation) is fjjnding to supply a resettlement worker to assist resid¢nts to su¢¢e$sfvlly move on to independent, pern￿lent living. The grant. awarded in 2019120. was fully spent in 2023124. The Albert Hunt Trust grant provided funds for The Hive Medway. This was fully Spent in 2023124. The Garfi¢ld W¢ston Foundation PTDvided funding of £15k p¢r annum for 3 years, to fund the running of The Hive M¢dway. Th¢ National Lottery Fund - Perforniance foT All grant is fijnding to provide creative sessions Residents and work to produce art which depicts the history of AMATUK. This was used to produ¢¢ a Yllural for the side of 411 High Street and a bespok¢ ¢ollag¢ art piece depicting a selection of supporting activities AMATUK provide. This wa5 fully spcnt in 2023124. The Fidelity UK Foundation Commwhity Development Fund granl provides platfornis and consultancy to help AMATUK develop a ¢omprehen8ive fimdraising strategy including a donor managem¢nt platforni. This was fully spenl in 2023124. The National tAitt¢ries Cost of Living grant funds assistance with breakfast provision rises due to inflation, in addition to Hive extended opening hours to assist $ervi¢¢ users with a safe wann plac¢. M¢dway Food Partners provided fundillg for healthy eating and food rel￿ed a¢tiviti¢$. M¢dway Champions provided funding fgr healthy eating and growing produc¢. St Jam¢s's Place pyovided funding for gym membership for residents to facilitat¢ a healtbier lifestyle. The Suicide Prevention Grant is funding suicide prevention services ai AMATUK. (&AMAT Page 34 AMATUK l Annual Report 2024 AMATUK (A Company Llnjfited by Guarantee) Notes to the FfinAnchal Statements For the Year Ended 31 March 2024 17. Statement of funds (condnued) St4ten*nt of fthnds- prior year Balance al l April 2022 Bolance at Expendilure 31 Mureh 2023 Income Unrestrlded funds General Fund 752,379 190.219 4.J91,205 (4.024.521) 9J9,063 190.21 R¢valu*tioD reserve 942.598 4,191,205 (4.Q24.521) 1,109,282 Restricted funds Edward Gostling Foulldation Ground Work UK 5,000 1.500 6,000 (5,000) (1.500) (o.000} (10,871) (3,498) (5.000) (500) (5.682) (10,680) (4,507) K¢nt Community FouThdation N￿lOnw￿de Foundation Albert Hunt TTh￿t Garfield Weston Foundation Active Trav¢1 Grant The Natlonal Lottery Fund- P¢rfonnance for All Fidelity UK Foundation Community Development Fund The N¢i8bbourly B&Q Fout¥lation 19.090 8.219 3,502 10.000 7,000 15.000 500 8.404 12,864 4.507 2. 722 2,184 19,090 60, 775 (53.238) 20,627 Totsl of funds 961,688 4,251,980 (4,077. 759) 1,135.909 &)AMAT Page 35 AV,ATUK l Anftuol Reptsri 2024 AMATUK (A Company Limited by Guarantee) Notes to the Flnanclal Statements For the Year Ended 31 March 2024 18. Analysis of net assets between fimds Analy81$ of nel owts between funds- eurrent period Unrestrlcted funds 2024 Restrieted funds 2024 Total 21124 Tangible fixed a55¢ts Current assets 742,276 1.015.828 (382.117) (329.156) 742276 1,031.091 (382,117) (329,156) 15263 Creditors due within otte year Creditors due in rnore than one y¢ar Tot41 1,046,831 15,263 1.062,094 Analysls of net xsstts behveen funds- prloT period Unrutricted fvnds Restriciedfyn&f 2023 2023 Tt>ttxI 2023 Tangibl¢ fixed assets Investment PTOPCrty Current assels 739,868 250.000 927,354 (363.524) (444.416) 739,868 250.000 953.981 (363.524) (444,416) 26.627 Creditors du¢ within one year Creditor$ du¢ in more than one year 1.109.282 26,027 1,135.909 Total 19. RecondllatloD of Det mtsvtment In funds to net £4sb flow from oper4tiDg 4ctiviti 2024 2023 Net incomelexpenditure for the period (as per Stalem¢nt of Financial Activities) (73,815) 174,221 Adjustments for: Depreciation ¢harges Divid¢nds, interests and rents from inv¢stments Lossl(profit) on ihe sale of fixed assets Increase in debtors 53.902 (2,109) (11,646} {52,673} 21,860 56,324 (3.985) 8.159 (93,316) (41,413) Increas¢l(dwrease) in creditors Net Cash provided byllu$ed Ill) operating 8divities (64,481) 99,990 (aAMAT Page 36 AMITUK l Annual Report 2024 AMATUK (A Company Llmited by Guarantee) Notes to the Financial Statements For the Year Ended 31 Mareh 2024 20. Analysis of cash and cash equlvalents 2024 2023 Cash in hand 460.067 435,630 21. Analysis of Changes Ill net debt At l Aprll 2023 At 31 Mar¢h 2014 Cash Ilows Cash at ba￿k and tn hand 435,630 {29.890) (444,416) 24.437 3267 115,260 460.067 (26.623) (329,156) Debt due within l year D¢bi due afteT l year (38,676) 142,964 104288 22. PtD$ion Comn￿lments Th¢ Charity operates a defined contribution pension scheme. The assets of the s¢h¢me are held s¢parately from those of the Charity in independently administered fimd. The pension cost charge rq)rcsents contributions payable by thc group to the fund and amounted to £23,894 (2023 £25.55]). Contributions of £6,752 (2023 £6,227) w¢r¢ payable to th¢ fimd at the b4th)ne¢ shcet date Alld arc included in crcditors 23. Operatlng lease eommitments Ai 31 March 2024 th¢ charity had ¢ommitments to make fjjtuff minimum l¢ase pa)rynents under non•canc¢llable operating l¢ases as follow$: 2024 2023 Not later than l year Later than l year and not later tban 5 years Lat¢T than 5 years 1,000,615 2,159,661 49.208 984.049 2,471.846 3.209.484 3.455.895 Somc of the l¢ascB iDclud¢d in the commitfflent note above include break clauses. However. as these are not expected to b¢ used, th¢ commitm¢nt for ihc full l¢as¢ t¢rni has b¢cn dis¢los¢ &)AMAT Page 37 AMATVK l Annual Report 2024 AMATUK (A CoDJpany Llmlted by Guarantee) Notes to the Finanei#l StgteD)¢nts For the Year Ended 31 March 2024 24. Re]*tsd party transactions Recrnitment Warehou54 a business ¢ontrolle41 by Mr. G. Crozer, trustee and director Goods and servic¢$ omounting to £20,979 (2023 - £14,301} were purchased from R¢cruitment warehO￿e for waste distwl. Thc transactions were conducted on an Iyen market value basis and and in line with the Trnst's Article5 of Association. At 31 March 2024. the trnst owed £268 (2023 - £Nil) to Recruilment War¢hous¢. Mk C. SmithMrs( the daughter of tru51ee •Jbd dlr¢etor, Mr. D. Bloomfield Services amounting to £1,950 {2023 - £8,860} were provided by Ms. C. Smithurst. The transactions w¢r¢ ¢ondueted on an open Mark￿ Yalue basis and and in lin¢ with the Trust's Articles of Asso¢iauon. At 31 March 2024, th¢ tsvst owed £Nil (2023 - £200) i(> Ms. C. Smithurst. The R¢dfords, A business Controlled by Mr. M. Crozer, th¢ son of trustee and dire¢tor, Mr. G. Crozer Servi¢¢s amounting to £2,682 (2023 - £Nil) were provided by The Redfords. The trdnsactions werc conducted on open kel value basis and and in line with thc Trust's Artlcles of Association. At 31 MaTch 2024, th¢ trt]st owed £Nil (2023- £Nil) to The RcdfoTds. O¢her relationship C SmithuTSt, the daught¢r of ttustee and director, Mr. D. Bloomfield 15 employed by the Charity and is part of key manag¢m¢llL Mr. A. Anderson, thist¢¢ and director, was a r¢sident with AMAT until 7 July 2023. Ther¢fore, housing benefit w&s Claimed from the council in relation to him and ih¢ shortfall was paid by th¢ trustee to AMAT. (aAMAT Page 38 AMATVK l Annual Report 2024