Registered number: 05495172 Charity number.. 1111581 MOVING ON (DURHAM) LTD {A Company Limited by Guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 MOVING ON (DURHAM) LTD (A Company Limited by Guarantee) CONTENTS Page Reference and Administratlve Detalls of the Charlty Trustees. Report 2-16 Independent Auditors. Report on the Financial Statements 17-20 Statement of Flnanclal Actlvlties 21 Balance Sheet 22 Statement of Cash Flows 23 Notes to the Financial Statements 24-42 MOVING ON (DURHAM) LTD (A Company Limited by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trustees L Walson, Chair M Armstrong M A Farren (resigned 1 July 2024} M Goodwin J F Hindmarsh {resigned 1 July 2024) E Mason {resigned 30 November 20241 C Mccreanor Md Monimul Hamid (appointed 13 January 20251 K Morrison (resigned 1 July 20241 C C Ogden-meade G A Palmer (appointed 14 July 2025} C Ross S J Yates lappoinled 14 July 2025} Company registered number 05495172 Charity registered number 1111581 Registered office Forster Business Centre Finchale Road Durham DH15HL Chief executive officer P8t8r Richards Independent audltors Clive Owen LLP Chartered Accountants and Statutory Auditors 140 Coniscliffe Road Darlinglon County Durham DL3 7RT Bankers Lloyds Bank 19 Market Place Durham DH13NL Solicitors Swinburne Maddison LLP Venture House Aykley Heads Business Centre Durham DH1 5TS Page 1 MOVING ON (DURHAM) LTD (A Company Limlted by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report together with the audited financial statements of the Moving On {Durham) Lld for the year 1 April 2024 to 31 March 2025. The Annual Report serves the purposes of both a Trustees, report and a directors, report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report) Regulations 2013 has been omilted. enin Statement 'Al Overview, The phrase "It's the hope that gets you" is a common saylng that suggests that having hope can be a source of pain, particularly when things don't work out as hoped. It implies that the disappointment of a failed outcome is magnified by the initial belief and expectation of success. This phrase ha5 been popularised in various contexts, including sports and personal relationships, where high expectations can lead to greater emotional distress when dashed. In 2024-25 poor mental health became our primary reason for referral, overtaking homelessness for the first time in our 20-year history. As a charity that clearly identifies ils seNices in helping young people to develop independent living skills through intensive housing support this has given us serious pause for thought. This change reflects not only the Changing nature and needs of the young people that come lo us, but also of their own personal journey. Today most of our tenants are leaving care and have never been homeless. Their poor mental health and lack of hope is their main barrier lo sustained independent living. they are less likely to be in work or training than previous cohorts and are far more isolated, typically they are less likely lo be instigators or victims of anti-social behaviour. are inactive for much of their lime and are not looking lo their future. Formal services that can assist with these issues in the community require recognition, commitment, dedication and a degree of confidence lo attain, getting to that launch point can be the biggest barrier. We have made significant progress in our strategy to become a Reglstered Social Landlord and expect to make tangible gains towards this goal in 2025-26. The reasons for this change have become more pressing during 2024-25 and we expect this to continue to increase; not one of our young people has left our provision for housing in the private rented sector for ovèr 2 years. The rising costs of the private rented sector has become completely out of reach for our group, Where our young people are unable lo access social housin9 provision because of their personal challenges or history, they find it very difficult lo leave us despite their ability lo manage their tenancy, and our role as a longer-term provider of social housing becomes more and more important. All of our housing outcomes are either in the social housing sector or where young people are returning lo live with family. Our role as a social landlord is becoming a much-needed aspect of our work, and feels like a very natural progression for the charity. The cost of leasing private rented property is also a significant barrier to our work, and we may be able lo achieve greater financial stability by starting lo own our own property alongside leases from the private sector. This is a n exciting and challenging development for the charity where our impact on the young people who use our services, and our own sustainability can be transformed through a positive registration process. Our journey lo become a provider of full-lime supported accommodation continued, with slow bul encouraging progress focused on a single property that will provide living space for up lo eight 16-18-year-old young people. Our great hope is to use this development to grow our ability to support this age group across dispersed, specialised and full-lime settings creating a new area of work with its own dedicated team and management structure. The need for our work, perhaps unfortunately in many ways, continues lo grow. We will meet this need through continuing focus on our strategy and sustainable growth, helping young people in housing need across County Durham with increased capacity, ability and not a little hope. Page 2 MOVING ON (DURHAM) LTD IA Company Limited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Movin On Durham - Vision Mission and Im act- ear strate ic lan Our vision - the kind of place we want to see There is a vibrant. responsive and seamless early intervention and support service ensuring no one aged 16-25 is homeless. Our young people can successfully build their social mobility and economic inclusion to manage sustainable independent living in the Community. Our mission - our role in making the vision a reality A safe home and a fresh start. We will deliver sustainable support services for young people aged 16-25 who are homeless or in housing need. We actively engage our service users in a personalised support process, developing their capacity for independent and sustainable living in the cornmunily. Our impact- what will change as a result of our involvement? We will be an outcome-driven organisation and will measure the impact of our work in the quality of life for the young people we help, in the communities we serve. Our core work will resull in: Reduction in youth homelessness in County Durham. Increased social and economic inclusion of disadvantaged young people aged 16-25. More Young People empowered to engage in decision-making that affects their own lives thereby increasing their social mobility. Young Peopl& ar8 better equipped lo successfully connect with housing choices and economic opportunities to sustainably relieve poverty. Young People behaving in ways which are healthier, sustainable and respectful of the environment. We will address three additional priority aims over the next five years. 1. Extend our delivery In addition to our core work we will focus on developing and delivering additional products and seryices.. Prevent - advance education amongst the public concerning the extent and consequences of homelessness amongst young people. Extend - Develop a wider range of support seNices for additional young people in housing need. Investigate - the adoption of the Moving On model of delivery outside of County Durham. 2. Generate Influence and partnership We will build on our existing relationships, developing our reach wlth new stakeholders and partners in the community who can actively contribute to or support our work.. Influence - Communicate our reach and impact effectively through the effective use of data. Involve - Increase potential for personal development through internship I placement opportunities. Partner- Create additional opportuni118s for community and corporate support for our work. 3. Manage our property We will develop our housing portfolio to ensure we have access lo an appropriate range of properties for our young people. Affordable - ensure our properties are economically and environmenlally sustainable. Accessible Our properties will have appropriate access lo social and economic opportunities across a wide range of locations and property type Flexible Our tenure will flex lo adapt lo individual challenges of Iransilional employment and support. Page 3 MOVING ON (DURHAM) LTD IA Company Limited by Guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 Feasibility Development )* Maintenance Property Ovmorshlp Investlg(rte oppOrtUn￿leS to maximise impact and Income Ihrou9h ownÉtship of limlted / speciolised propertles. Speelallsl Propety Development IUASC /Mental Heahh /Young Parents /1&178) Develop multiple units (blocks / units / HMO / homes) for speclalist houslng. Support Hl9h quolty locol support WO￿ supported by exFert peripotellc employabllty, mental heolth ond chootle young men's support. Expanslon Out ol Durham Start to remove explicit'Dutham' tern￿ from brandin9, Investlgate delivery optlons In neighbcuring local athhollty areas. Hou81ng Managemant 150 General Purpose Supported Accommodotion Properties wtth expert In-house maSnterKJnce seNtce. 24n/ 365 SenAee8 Develop options for working with more vulnerable young people, due to Incrèased dèmand through provlslon of extended support ￿rne. Reglstered llrovider Regislratlon Following stakeholder pressur•, scope the impact of RP registraNon on our servS¢es & abilÉtles. Quallty Good Governance- EvidÈnc by periodic externolly focilitated governoncg revlew. ISO 9001 and Leaders In Safeguarding Accreditatlon. Staff Tralnlng Pro8peclu8 Set out staff minimum tralnlng standards across ourwork. EPC 'tr Rated Properfy Minlmum Acquir• or develop propertles th meet an EPC mlnimum slondard of '￿ ratlng for affordability and envlfonmental OLrtcomes. Quallty Jild on OFSTED reglstrallon and apply for additional quality standards for Infomiatlon Technology Securlty and Sofety. Reputallon A growlng organisatlon respected for its values, partnerships and ability to holp young people. Context Partnership Environment In common with previous years the strategic partnership environment in County Durham has become weak. Characlerised by informal networks of information sharing groups linked by a common topic, an inconsistency of attendance makes these meetings ineffectual and often a poor use of time. However, during 2024 a small number of more specific partnership groups started to meet which are showing more purpose and promise. Both relating to Supported Accommodation, one relating to the Supported Housing Improvement Programme {SHIPI and the other lo Young Peoples Services, it appears there is now a partnership forum that we are suited to. There was also a useful task and finish group looking al issues relating lo Housing and Employment for vulnerable young people at the beginning of their working lives. Although Ihere has been no easy answer here the group has at least grown ils understanding of the issues faced by young people trying to access work and live by themselves and has given Moving On a mandate and reputation for being a leader in this work which we hope to grow with our social housing provider status. Going forward into 2025-26 there is good opportunity for Moving On Durham to position itself in these latter forums to lake advantage of emerging opportunities in commissioning. strategic partnerships and other developments, building reputation and trust as a responsible partner. Page 4 MOVING ON (DURHAM) LTD {A Company Limited by Guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 Delivery Environment During 2024 Mental Health became our primary identified support need, overtaking homelessness for the first time in our history. 11 is now possible to say that Moving On Durham is now a mental health charity as much as it is for housing or homelessness. This stems from the significant increase in the number of our rèferrals now come from Children and Young People's Services, where the typical young person has not experienced homelessness, bul requires continuing support to be able lo live independently in the community al age 17 118. Poor mental health is a significant negative driver for our young people and prevents their progress to independent living, therefore this is an important priority for us. Our ability to act in this space with our own resource has been valued by young people and our partners and is a service we will aim to sustain going forward. Our work with 16-17-year-olds who have a Looked After status continued to strongly influence our work. This demographic is now overseen by OFSTED and during 2024-5 was a relatively small part of our cohort al around 10 young people, we aim to grow this work through the opening of a dedicated facility, also the approach required by OFSTED is such Ihal it Gan benefit across the whole charity where we can improve our monitoring, service delivery and outcomes for all. Our relationship with Landlords was robust and healthy, wilh a seemingly constant stream of landlords and developers who would like to work wilh us. The housing team are well respected and valued by our landlords and il would seem we come highly recommended as a delivery partner. There is more opportunity than ever to work with developers on projects that are tailor8d to our needs. Al the date of this report, we have 3 projects in development that are being built or converted specifically for our use at the cost to the developer, which we will then lease in the longer term. This new ability has allowed lo start to experiment with different housing structures and tenures, for instance issuing a license to occupy a room rather than a tenancy for a full house, which lo this point has been our only option. Fundraising Environment During 2024-25 we decided lo start lo work with a fundraising consultant, partially externalising our fundraising support for the first lime in 8 years. This has been a success, despite some quite challenging scenarios where although our fundraising largel has remained static, we have had the end of some strategic grants lo content with as a part of this picture. We mel our target, and it is clear from working with colleagues in similar organisations across the region and nation. that fundraising is a significant issue for all. 11 is therefore very pleasing lo see the relalive success of our current model. More lime working with our consultant should allow us lo sharpen our offer further, bul for the moment our proposition seerns lo be clear, relevant and fundable. Something funders seem to want lo give to. We do also hope in 2025-26 to be able to supplement our grants and foundations work by growing our earned income though delivery contracts with Social SeNices and other partners. Review of 2024 -2025 Objectlves There have been some notable achievement or progress against largels and objectives that will continue lo develop and grow the organisation. Of note is our work with 16-17s now regulated by OFSTED, We faced our first inspection in November, and allhough the final judgement was in the middle of the 3 potential outcomes, there are some significant pieces of work thal will change the way we work going fotward and will give us pause lo consider the outcomes of our work. This is of relevance going forward as we hope lo open our first purpose built dedicated facility for this demographic during 2025-26. In setting objectives and planning for activities. the Truslees have given due consideration to general guidance published by the Charity Commission relating lo public benefit, including the guidance 'Public benefit: running a charity {PB2}'. Developments During the Year As ever with Moving On, there is absolutely a point lo having a long-lerm plan, but as a deeply frontline organisalion there are opportunilies or developments that happen in real lime that are appropriate to develop or change our strategy. There have been several such developments during 2024-25.. The rise of NEET- as time passes the proportion of our young people who are not in education, training or employment continues to rise. The reasons for this are as ever diverse, bul the rise of low-level mental health issues are a significanl barrier as are poverty and perceived lack of opportunity. As an answer to this we have seen the rise in popularity of short courses such as Princes {now Kings) Trust activities for example. There are just not enough opportunities like this, and for the first lime we have grown our ability lo deliver directly in this space. Page 5 MOVING ON (DURHAM) LTD {A Company Limited by Guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The OFSTED Inspection - a significant driver for change despite the relatively small number of our young people it directly affects. The inspection exposed some serious challenges within our approach to outcomes, systems and recording as well as some excellent practice, delivery and partnership work and great outcomes for young people. Rolling out Ihe recommendations of our report will change Ihe whole organisation. In particular we will change our reporting and monitoring systems to be much more detailed. robust and fil for purpose. now outgrowing the CRM system we have used for years. Achievement of 2024-25 Targets Feasibilil We were able lo secure the permission of Trustees lo progress our development of registration as a social landlord. The other objectives relating lo this target have stalled as we have learned what registration means in the real world. We are still determined to overcome this barrier and become an RSL as this is a logical slep for Moving On Durham. We will however need increased reseNes, the use of financial instruments and a significant project of buying property lo lake this objèctive fomard. Capacity is a significant issue, and with pressures around development projects we have already committed to, this will be a priority for later in 2025-26 or 2026 onwards. Develo m8nt We successfully built (and will continue to build) capacity in our 16-17-year-old workspace, this should culminate in 2025-26 with the opening of a dedicated supported accommodation facility, which is also connected to the target for commissioning outcomes. We have made progress on our training and development prospectus with the development of an organisalional workforce strategy. Once we have completed some of these more significant HR actions, we will move onlo the development of additional quality registrations around IT and Health and Safely. Page 6 MOVING ON (DURHAM) LTD (A Company Limited by Guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 erations IT and Central Service Team reviews led to the acquisition of some new equipment and personnel, with a dedicated manager with responsibility for HR for the first time. We had our first full OFSTED inspection during November, which has had some implications about how we manage HR, operations and quality going forward. This will be subject to its own action plan outside of this document. Objective RAG Deliver a Trustee agreement to progress with registration as a SOGial landlord in principle. At a lime when we have the correct capaGlty in place complete initial registration application process at stage one. Within 6 months complete stage 2 application Continue lo develop housing stock diversity with a preference for smaller more energy efficient solutions in locations with good access. Investigate funding or sponsorship measures that promote the above Build our capacity in the 16-17-year-old provision workspace. Take part in Adult and CYPS commissioning processes in County Durham Develop an organisation level 'Training Prospectus, setting out expectations for each team. Complete re-regislralion for ISO 9001 and Leaders in Safeguarding Awards Investigate regislralion for IT security and Health and Safety quality marks. Review Central Operations Team structure Significantly improve our ability to demonstrate impact and insights into our work through robust use of data and recording. Utilise new tenancy agreement alongside n8w license agreements and investigate potential of HMO d8velopm@nt. Minimise use of external contractors for team competent skills and grow landlord income through charging for work. Deliver a comprehensive IT review to ensure the teams have access to the most affordable and effective IT solutions to support their work. Review purpose and implementation of finance committee Page 7 MOVING ON {DURHAM) LTD IA Company Limited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 act - The ower of our work throu h case stud Emil Introduction: Emily, a transgender woman has been supported by Moving On for nearly one year. In our lime ofworking together, we have worked on person centred therapy. Emily was struggling with the complexities of her identity whilst facing mental health challenges. Emily had anxiety, depression, issues with substance use and had a previous diagnosis of borderline personality disorder. She also lacked meaningful connections in the community. oving On's intervention: ourjourney began focusing on creating a safe and non-judgmental space. We delved into causes of Emily's unhappiness, most of which were rooted in childhood trauma. Through using inner child work, Emily came lo realise that what happened was not her fault, and we then utilized inteNenlions lo help her change her altitudes and behaviour. This 'lherapeutic re-parenling, is still on-going and allows Emily a deeper understanding of herself. The complexities of this identity and the impact that growing up as a boy has had on Emily is profound, and we continue lo work through this lo help her establish her identity as a woman. Emily had also been struggling with her house conditions, which nol only affected her physical surroundings but also look a toll on her mental well-being as she rarely left the house. Together, we have been able to establish achievable goals for Emily. Mindfulness technlques., we've implemented mindfulness practices helping Emily stay present in Ihe moment. reducing anxiety and risk of disassociation after heavy session. This work was possibly Ihe most challenging, bul it has laid the foundations for a successful therapeutic relationship. Emotional processing: we've worked through the emotional attachments lo certain people, events, and items in her life. Emily's mood is now significantly more stable through using a DBT 'wise mind, approach. She reports lowered levels of suicidal ideation and additionally her self-harm has decreased. Routlne establishment: we've developed routine incorporating small tasks related to housekeeping and socialising. Progress and Outcomes: Emily has made remarkable progress. The Iransformalion of her home mirrored the internal changes she was experiencing. She has been able lo maintain a reasonable living standard. Emily's self-harm has decreased in frequency and severity and has not self-harmed in several months. Emily's use of substances. particularly cannabis, has decreased. Emily has had a significant improvement in h8r overall mental well- being, expressing feelings of pride and accomplishment. She is also a lol more emotionally stable. She is also on a wailing list for gender reassignment and autism assessrnenls. Emily had demonstrated an interest in going back lo university, which further cements her readiness lo establish routine, maintain her emotional stability, and achieve her goals. By addressing both the external and internal aspects of her life, we were able lo empower Emily to explore her true self, fostering a sense of pride, trust. and belonging. This case study highlights the transformative impacl therapeutic interventions can have on someon8's life. Page 8 MOVING ON {DURHAM} LTD (A Company Limited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Sarah Introduction.. Sarah found herself stsying at her friend's parent's houses 'sofa surfing. Unfortunately, Sarah had witnessed domestic abuse growing up and became a carer for her mam and her sister. This put a lot of pressure on their relationship and Sarah pul her education on hold as she would find herself distracted or absent in lessons. Sarah and her mam would have regular arguments, and Sarah chose lo stay on a friend's sofa. Moving On's intervention After Sarah began lo struggle with her mental health, she felt she had lost herself and fell like she didn't prolect her mam and sister. subsequently feeling like a failure. There was also occasional substance misuse in a bid to find happiness. Sarah didn't know where to go from here. A professional who was working with Sarah to get support in place, referred her to Moving On. Sarah had a successful and smooth move into her lovely new property. Sarah always presented herself as 'doing well. and 'feeling fine,, her house was always immaculate, and sh8 was always visually presenlable. But the reality was there was much more lo this and Sarah was masking what was really going on and how she was feeling. After months of weekly support, barriers were gradually broken down and Sarah shared her previous experiences, how she was feeling and that she was struggling lo manage. Sarah's menlal health was a concern for her support worker and if Sarah did not verbally share she was struggling, her support worker would notice that her house was untidy and disorganised and soon realised that this is when Sarah would physically show the symptoms of feeling unwell. Support sessions then became focused on what support was needed and the steps needed lo gel there. Sarah was also dealing with a lol of Ihings from her younger years that were never aclioned- such as attending health appoinlmenls, so this was one of the goals. Due to Sarah's determination to achieve her goals, she persisted with weekly support, even if these created unwanted memories and experiences. Progress and Outcomes: Sarah has been supported lo all appointments - attending all health appoinlm8nls such as physio for pain she had been experiencing for years and medication lo support h8r m8nlal health. Sarah was also referred to Moving On's Mental Health Praclition8r and, after a number of sessions, was soon referred lo the Community Mental Health Team who is 5UPPOrting Sarah regularly and awaiting a further potential diagnosis. Sarah has been referred to an employability and training provider for additional support in achieving her Career goals where she has just signed up for a course at college. Sarah feels she has more control ol her life, every day continues lo feel more and more stable, and she has recently shared with her support worker that she is considering returning lo work in the future if things continue lo go well. Page 9 MOVING ON {DURHAM) LTD {A Company Limited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Joe Introduction: Joe became a Moving On tenant in October 2023. When we first started working with him, he would rarely engage with the support offered missing appointments and would not return calls. A pattern emerged that Joe would only gel in contact when he needed something such as food and fuel support. When Moving On did see Joe. it became apparent that Joe spent a lot of his time online playing video games rather than seeing anyone as in his words, it 'kepl him out of trouble,. Moving On's intervenlion: over the last six weeks, following a lot of perseverance, his Support Worker has developed a good relationship through positive encouragement. As a result, Joe has begun to engage to the point that he will phone his Support Worker to check they are still attending on the agreed day and will often be waiting at his front door for them lo arrive. Som& of the goals Joe wanted to work on include managing his finances, mental health 2nd forming positive and stable relationships. So far, we have successfully applied for limited capability payments which is enabling him lo rnanage his money more effectively as his income has slightly increased. This means Joe is not having lo choose between food and fuel. We have also linked Joe in with working with our internal Mental Health Worker as Joe has ADHD and often suffers with depression and anxiety. We are also making appropriate links with external mental health agencies lo ensure all his support needs are met. Joe sometimes needs support with maintaining his tenancy and needs little reminders often from our housing team to report repairs before they escalate. Another goal Joe was keen to work on was building relationships with peers of his own age. His Support Worker talked about college and volunteering opportunities as this would be a great way lo meet people similar lo his age. We are in the process of looking into college opportunities ready for September. Joe has recently mel someone and is very happy. She has been a positive influence and shares her own experienc8S with Joe. Joe's partner has a dog which they both take for long walks together and appear to be happy. As a result, Joe is spending less time alone playing on his games consoles and feels his mental health has significantly improved. Progress and outcomes: Joe's long-lerm goal is to move into his own accommodation when the lime is right, and we both feel that he can successfully manage his own tenancy. Before we can do this, we will explore college and volunteering opportunities. We are also going lo work on confidence building and feel able lo speak to e.g. ulilily providers and sometimes struggles interpreting letters such as from Universal credit. We feel Joe is now making great progress and can see a positive future ahead. P3ge 10 MOVING ON {DURHAM) LTD (A Company Limited by Guarantee} TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Resource Mana ement External Fundraising The fundraising team changed significantly in year with a substantial amount of time between staff resources being in place meaning in practice most of the fundraising was done by different people. Despite the fall in level of applications Moving On was able to achieve fundraising targets and sustain a positive result to the year. This was in no small part due lo the longstanding support of very important repeal funders such as The Henry Smith Charity and Virgin Money Foundation. We were also very pleased to receive significant contribution from The Leathersellers Foundation over the next 4 years. Of note was the contribution toward the cost-of-living crisis where we needed to find funds to directly support young people in crisis. The contribution of ACTS 435 and Durham University Sludenl fundraising have been absolutely outstanding in this regard. Our ability to fundraise for support work is the most serious limiting factor when il comes to looking at potential plans for development or expansion of the charity. Data Protection and IT During 2019-20 Moving On Durham completely renewed ils IT infrastructure. As a result of our own investment programme alongside an incredibly valuable donations programme sponsored by Lloyds Foundation we have been able lo bring our IT and Data management structure into the 21 sl century. renewing our server to include the highest security settings, alongside facility for remote access and now desktop resources for staff we are prepared for the futur8 in security, hardware and resources areas. During 2022-23 w8 continued this inveslment renewing IT equipment where appropriate and invested again in 2024-25 where funds allowed. Safeguarding We lake our responsibility for both child and adult safeguarding very seriously,. Ihe Board of Trustees via the CEO regularly review our safeguarding policy and practice. All staff are trained in safeguarding practice appropriate lo their role and the CEO has attended external training for senior managers lo ensure this area of work is fully understood, embedded and practiced across the charity. During 2023-24 we successfully re-regislered for the 'Leaders in Safeguarding, award and will re-regisler in 2026. During the year we successfully introduced OFSTED registration requirements for 16-17-year-olds. This requirement will have significant implications for our planning, training and delivery of Safeguarding. Our People As an organisation providing complex, advice and support-based services lo often vulnerable young people, our ability lo recruit, relain, train and inspire our own people is everything. Having experienced significant staff turnover in previous years, during 2024-25 we have placed a very high priority on staff motivation, involvement and salisfaclion. We introduced following a period of consullalion a sel of values during 2022-23, these we rolled out across the organisalion to affect everything from strategy to day-lo-day delivery. We maintained OLJr staff appraisal system and introduced additional staff meeting I consullalion events. With a clear and transparent 'open door, lo management we have managed to hall the attrition of staff leaving and have provided a workplace al home or in the office where our staff are molivated, proud and supported. Staff training remained a priority going forward into 2024-25 with clear largels for both a focus on minimum standards for all staff {Safeguarding, Mental Health First Aid, Management Level 4 etc} and tailored training as appropriate for individuals lo advance their professional capability. Supporting apprentices remains an important part of our work and we aim lo have a minimum of 1 apprentice on the team al any time. Page 11 MOVING ON (DURHAM) LTD {A Company Limited by Guarantee} TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 N•v•rludgln& nev•r angry. qulck to understsnd. Compasslon Wa kThowwhatlsth rlghtthlngto do. Iven when noone Is lookln Forglveness 'Int•grlty If youworkwlth youwlllllrtd us th• hom#of 2ffld chanc4& W•ar• ¢l•ar. transparentand hon•stwlth nof8•r. Understanding MOVING ON Communlcatlon Looklng past bghavlor to understand traum& Knowln8thatw•wlll show upatthe rt8ht ¢lrn•,wlth tho rl8ht hdpearn¥trust In us. T•aiiiwork Dependablliv W• ar•th• ¥tr¢n8th olth• peupie •rvund y% In$plilngoth•rsthrouih ¢ood humorand a playful •ppr04¢h to ourworkwlth youmap•ople. Fun Principal Risks and Uncertainties Moving On Durham lakes a practical approach to risk management. We manage organisational risk at the Trustee level through an annual assessment process as a part of our business planning cycle. We assess delivery risks at an operational level on a clienl-by-clienl basis through pre-tenancy assessment and regular reviews, adjusting risk assessment profiles as new information comes lo light. Organisalional and operations risk and the risk of financial effects or significant evenls and factors likely to affect future financial performance or material are reviewed bi-monthly through a risk register and reported to the Board of Trustees. Moving On Durham holds accreditation for ISO 9001 where integration of risk management is a key management task. This externally audited accreditation gives confidence lo our customers and suppliers that we have a robust approach lo systems design and processes. document control and administration. Moving On Durham outsource Health and Safety Management lo a competent partner who oversee all of our operations regarding good practice. The finances of the Charity are reviewed quarterly by the Finance Sub Committee and reported lo the Board for consideration. The developrnent of external fundraising is a key consideration for reporting and for risk management. Robust and regular analysis of opportunities available for the charity enable the suitable mitigation of risk. Page 12 MOVING ON (DURHAM) LTD {A Company Limited by Guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 Our Governance Day to day governance and management Day to day management of Moving On is overseen by the Chief Executive. The Chief Executive is supported by a team of 18 full time employees and 2 part time employees. The Chief Executive reports to the Board of Trustees 8t quarterly meetings. The Trustee Board currently comprises of ten members, and they meet at least 4 times per year. The board is responsible for the strategic direction and policy of the charity. The board is advised on financial mallers by a finance committee, which meets quarterly in advance of the Board Meeting. The committee is currently made up of two trustees, one with specialist finance and accountancy qualifications and the chair, along with the Chief Executive and Finance Officer. The committee has within its scope responsibility for making recommendations to the Board with regard lo pay and terms and conditions of the staff team including the remuneration of key management personnel, any recommendations must be approved by the Board. Management decisions are made al a weekly management meeting where staff contribute to the ongoing management and delivery of the organisalion's objectives. A quarterly staff meeting is used lo consult, learn and to communicate management objectives, facilitating clear communication and participation across the organisation. There is an annual Trustee I Staff development day where the current and future prospects of the organisation are debated, examined and objectives agreed going forward lo inform the development of the annual business plan. The Board of Trustees has invested much time in development of management tools that allow for effective control of the or9anisalion as il continues lo grow as a leading homeless charity in the region. It has reviewed its policies and procedures, management structure, direction of travel, and its financial status and continues lo follow an agreed annual Business Plan.11 has established that its reserves position is sufficient to meet Moving On's commitments. Overall responsibility The Trustees are ten individuals who have the overall responsibility and collectively govern Moving On by making decisions at quarterly meetings. The law describes charity trustees as 'lhe persons having the general control and management of the administration of a charity, (Charities Act 2011 , section 177). Between board meetings, there is a finance committee who meet allernalive morilhs lo look at the financial oversight of Moving On. Typical tasks can include budgeting and financial planning, financial reporting and the creation and monitoring of internal controls and accountability policies. The Board has responsibility for any formal partnerships between Moving On Durham and related parties and other charities. Informal co-operative relationships are organised and managed by key personnel in the Charity. Structure, governance and management The company is registered as a charitable company limited by guarantee and was sel up by a Memorandum of Association on 29 June 2005 which established the objects and powers of the charitable company and is governed under ils Articles of Asso¢ialion. In the event of the cornpany being wound up, members are required lo contribute an amount not exceeding £1. Board appointments, training and term of office Moving On recognises the importance of having a diverse Board. As such, there are no limits or restrictions on who can apply to become a Member and the Chair will ensure efforts are made lo attract a suitably diverse range of applicants. Appointments- The election of new Members and re-election of existing Members will normally take place at the AGM., however, where there are vacant seats, the Board may decide to make appointments at any of its ordinary meetings. Individuals wishing to join the Board for the first time will be required to submit an application form. In addition, they will be expected to attend an ordinary meeting of the Board as an observer in advance of the election process. The serving Members (excluding those standing for re-election) will be free lo choose from all those standing for election or re-election. In making that choice, Members should weigh up the strengths and skills that each candidate will bring to the Board and aim lo achieve a balance of experience and new perspectives. Page 13 MOVING ON (DURHAM) LTD (A Company Limited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Training - Members newly elected lo the Board will be expected to complete a programme of training and familiarisalion within their first 12 months. Thereafter, each Member will be expected to complete any training in a timely manner if the Board or the Chair deem it to be essential either for their role as a Member of the Board or for any specialist role or appointment that they are fulfilling. In addition, all Members are expected lo keep abreast of developments within the fields that Moving On operates. Term of office - New Members elected lo the Board will be offered a guaranteed initial term of 3 years- and can re-apply for another 3 years if their skill sel is of particular need or use however, they may resign before the end of their term. Moving On has benefitled from a very stable Governance commitment. The Trustees have adopted the National Federation of Housing Governance code of conduct and are committed to implementing this over the next 18 months. Existing Members re-elected to the Board after their initial 3-year period will only be offered a further 3-year term before they need lo stand for re-election. The exception to this will be where a serving Chair is required to stand for re-election as they will be automatically re-elected as Member for either two years or, if longer, the period necessary lo cover their remaining time as Chair plus 1 year to allow an effective handover. There is a limit to the number of times a Member can stand for re-election I serve on the Board which is a nine-year absolute maximum. Objectives and Activitiès The charily s purposes, as set out in the objects contained in the company s Memorandum of Association, are: The relief of poverty of persons between young persons who are homeless or in housing need. To advance education amongst the public concerning the extent and consequences of homelessness amongst young people,. and Other charitable activities for the benefit of young people in housing need. Although not specified in the governing document, the charity s area of activity is County Durham. External governance Moving On is registered with the Charity Commission, (Charlty No, 1111581) who regulate charities in England and Wales lo ensure that the public can support charities with confidence. Moving On is also regislered with Companies House (Company No, 05495172} who register company information and make il available lo the public. Managing and measuring performance Client Outcome Development To address the key challenges above, Moving On Durham face a challenge lo clearly, concisely and constructively articulate our impact, achievements and client progress. If a new home and a fresh start is the beginning of our Glient's journey, how do we best communicate our real value in terms of what happens next- how do we help our young people develop a sustainable lifestyle and truly break the cycle of youth homelessness they have the skills lo manage and sustain a lenancy and develop their potential, ensuring they do not become homeless again. We will continue our journey lo develop a 'lheory of change, and develop outcome recording for the benefit of our commitment lo quality and added value for our service users into 2025-26. Page 14 MOVING ON {DURHAMI LTD IA Company Limited by Guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 Financial Review Gotng Concern After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, Ihey continue lo adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going conGern basis can be found in the accounting policies. Re5erv8s Policy The current Reserves Policy gives a target of 3 6 months operational expenditure with the addition of a potential project fund. The idea of a projèct fund was designed lo provide ready reseNes lo mitigate any potential changes in legislation with regard to the payment of Housing Benefit, which was forecast for 2018. This threat in the external environment has now disappeared due lo a change in government policy for the foreseeable future. However, the prospect of developing the charity into a registered social landlord is most likely lo necessitatè the purchase or at the very least significant renovation of a leased property. This will require investment directly from the charity and therefore the re-instalemenl of a target for a project fund is appropriate. We will relain the potential of a project fund which could facilitate the polenlial purchase of a property going foNard as a part of our strategy. The charity is also required lo hold a 'sinking fund, lo pay for any uninsured loss to leased property as a result of lenant damage. Total funds held as al 31 March 2025 is £611,000 of which £259,000 is designated towards the capital programme and capital repairs fund as noted above. The balance held as unrestricted funds at 31 March 2025 was £352,000, of which £285,000 are regarded as free reserves, after allowing for funds tied up in tangible fixed assets. The approximate three- month operational expenditure tolalled £300,000 therefore th8 trust88s consider Ihal this largel will be met in the next financial year. Future Plans The Trustees have approved a new strategy that focuses on helping our young people recover from the effects of the cosl-of-living crisis. The plan Govers the next 3 years of a strategic cycle that will take the organisation forward to a new level of development and ability. During this year we investigated with Trustees and Staff if we should extend the current strategic focus or work to determine a new fO￿ard direction. The Charity continues strongly in ils purpose and objects through the agreed strategy as outlined on page 3. Moving On Durham aims to sustainably grow on its operations moving forward. Aiming for stability in the number of properties we have on offer for Supported Accommodation. In line with objectives staled above we will be developing projects that help us support 16-17-year-olds initially via OFSTED accreditation and additional projects to ensure w8 are operating at the required level lo provide a good level of service for our Gommunity. Page 15 MOVING ON (DURHAM) LTD IA Company Limited by Guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 Statement of Trustees, responsibilities The Trustees (who are also the directors of the Charity for the purposes of company lawl are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees lo prepare financial statements for each financial year. Under company law,the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the slate of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and Ihen apply them consistently., observe the methods and principles of the Charities SORP IFRS 102)- make judgments and accounting estimates that are reasonable and prudent., state whether applicable UK Accounting Standards IFRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial slatemenls on the going concern basis unless it is inappropriate to presume that the Charity will continue in business. Th8 Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charlly's Iransactions and disclose with reasonable accuracy al any lime the financial position of the Charity and 8nable them lo ensure that th& financial slalemenls comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Disclosure of information to auditors Each of the persons who are Trustees at the lime when this Trustees. report is approv8d has confirmed that: so far as that Trustee is aware, there is no relevant audit information of which the Charity's auditors are unaware, and that Trustee has taken all the steps that ought to have been taken as a Trustee in order lo be aware of any relevant audit information and to establish that the charity's audilors are aware of that information. Auditors The auditors, Clive Owen LLP, have indicated their willingness to conlinue In office. The designated Trustees will propose a motion reappointing the auditors at a meeling of Ihe Trustees. Approved by order of the members of the board of Trustees on 13 October 2025 and signed on their behalf by.. L Watson Page 16 MOVING ON (DURHAM) LTD IA Company Limited by Guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF MOVING ON (DURHAM) LTD Opinion We have audited the financial slalements of Moving On (Durham) Ltd Ilhe 'charily') for the year ended 31 March 2025 which comprise the Slalement of Financial Aclivilies. the Balance Sheet, the Slalement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting Practice). In our opinion Ihe financial statements.. give a true and fair view of the state of Ihe charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resourcas, including its income and expenditure for the year then ended: have been properly prepared in accordance with United Kingdom Generally Accepled Accounting Practice, and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for oplnlon We conducted our audit in accordance with International Standards on Auditing {UKI IISAS IUKJI and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Slandard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed. we have not Identified any material uncertainties relating to events or condilions that, individually or collectively, may cast significant doubl on the charitable company's ability lo continue as a going concern for a period of at least twelve months from when the financial slalements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect lo going concern are described in the relevant sections of this report. Page 17 MOVING ON {DURHAM) LTD (A Company Limited by Guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF MOVING ON (DURHAM} LTD {CONTINUEDI Other information The other information cornprises the information included in the Annual Report other than the financial statements and our Auditors, Report Ihereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial slalemenls does not cover the other information and, except to the extent otherwise explicitly staled in our report, we do not express any form of assurance conclusion Ihereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial slalemenls or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misslatemenl in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstalemenl of this other information, we are required lo report that fact. We have nothing lo report in this regard. Opinion on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit., the information given in the Trustees, Report for the financial year for which the financial statements are prepared is consistent with the financial statements. the Trustees, Report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the charitable company and ils environment obtained in the course of the audit, we have not identified material misslatemenls in the Trustees, Report. We have nothing lo report in respect of the following matters in relation lo which Companies Act 2006 requires us lo report to you if, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us., or the financial statements are not in agreement with the accounting records and returns., or certain disclosures of Trustees, remuneration specified by law are not made., or we have not received all the information and explanations we require for our audit; or the Trustees were not enlilled lo prepare the financial slalemenls in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the Trustees, Report and from the requirement lo prepare a Strategic Report. Responsibilities of trustees As explained more fully in the Trustees, Responsibilities Statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial slalemenls and for being satisfied that they give a true and fair view, and for such internal control as Ihe Trustees determine is necessary to enable the preparation of financial statements Ihat are free from material misstatement, whether due lo fraud or error. In preparing the financial slatemenls, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative bul lo do so. Page 18 MOVING ON IDURHAM} LTD (A Company Limited by Guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF MOVING ON (DURHAM) LTD (CONTINUED) Auditors. responsibilities for the audit of the financial statements Our objectives are lo obtain reasonable assurance about whether the financial slalemenls as a whole are free from material misslalement, whether due to fraud or error, and lo issue an Auditors, Report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guaranlee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when il exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influence Ihe economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlinèd above, lo detect material misstalemenls in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial stalemenls from our general and sector experience and through discussions with the trustees and other management las required by Auditing Standards) and from inspection of the charitable company's legal correspondence and we discussed with the directors and other management the policies and procedures regarding compliance with laws and regulations. We have communicated identified laws and regulations within our audit team and remained alert to any indications of non compliance throughout the audit. Firstly, th& charitabl8 company is subject to laws and regulations that directly affect the financial statements including financial reporting legislation linGluding related compani8s legislalionl, distributable profits legislation and taxation legislation. We have assessed the extent of compliance with these laws as part of our procedures on related financial statement items. Secondly, the charitable company is subjecl to many other laws where consequences of non compliance could have a material effect on amounls or disclosures in financial slalemenls for instance through imposition of fines or litigation. We identified following areas as those most likely lo have such an effect,. safeguarding, health & safely, employment law, data protection, environmental law, certain aspects of company legislation recognising the nature of charitable company's aclivilies. Auditing Standards limit the required audit procedures lo identify non compliance with these laws and regulations lo enquire of the trustees and other management and inspection of regulatory and legal correspondence, if any. Through these procedures we have not become aware of any actual or suspected non-compliance material to the financial slalements. Because of the inherent limitations of an audit, there is a risk that we will not delect all irregularities, including those leading lo a material misslalemenl in the financial slatements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely lo become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due lo fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresenlalion. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website al.. www.frc.or .uk/audilorsres onsibilities. This description forms part of our Auditors, Report. Use of our report This report is made solely lo Ihe charitable companls members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might slate to the charitable company's members those mallers we are required lo stale to them in an Auditors, Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility lo anyone other than the charitable company and ils members, as a body, for our audit work, for this report, or for the opinions we have formed. Page 19 MOVING ON IDURHAMI LTD (A Company Limited by Guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF MOVING ON {DURHAMI LTD (CONTINUED) Christopher Beaumont BA(Hons) FCA BFP DChA (Sensor Statutory Auditor) for and on behalf of Clive Owen LLP Chartered Accounlanls and Statutory Auditors 140 Coniscliffe Road Darlington County Durham DL3 7RT Dale.. 13 October 2025 Page 20 MOVING ON {DURHAMI LTD (A Company Limited by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES {INCORPORATING INCOME AND EXPENDITURE ACCOUNT} FOR THE YEAR ENDED 31 MARCH 2025 UnrestriGted funds 2025 Restricted funds 2025 Total funds 2025 Total funds 2024 Note Income from: Donations and legacies Charitable activities 77,667 2.593 266.156 1,914,942 343,823 1,917,535 379,483 1,621,270 Total income 80.260 2,181.098 2,261,358 1,940, 753 Expenditure on: Charitable activities 75,409 2,032,417 2,107,826 1,934,767 Total expenditure 75,409 2,032,417 2,107,826 1,934,767 Net income Transfers between funds 4,851 158,681 148,681 {158,6811 153,532 5,986 14 Net movement in funds 163,532 110,000) 153,532 5,986 Reconciliation of funds: Total funds brought foward Nel movement in funds 447,450 163,532 10,000 (10,0001 457,450 153,532 451,464 5,986 Total funds carried forward 610,982 610,982 457.450 The Slalement of Financial Activities includ@s all gains and losses recognised in the year. The notes on pages 24 to 42 form part of these financial statements. Page 21 MOVING ON (DURHAM) LTD (A Company Limited by Guarantee) REGISTERED NUMBER: 05495172 BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Fixed assets Tangible assets 67,375 60,537 67,375 60.537 Current assets Debtors Cash al bank and in hand 12 61.106 520,485 118,823 331,275 581,591 450, 098 Current liabilities Creditors: amounts falling due within one year {37,984) (53, 185) Net current assets 543,607 396,973 Total assets less current liabilities 610,982 457,450 Net assets excluding pension asset 610,982 457,450 Total net assets 610,982 457.450 Charity funds Restricted funds 14 10.000 447,450 Unrestricted funds 14 610,982 Total funds 610,982 457,450 The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial slatements. The financial slalemenls have been prepared in accordance with the provisions applicable lo entities subject to thé small companies regimé. The financial statements were approved and authorised for issue by the Trustees on13 October 2025 and signed on their behalf by.. L Watson The notes on pages 24 to 42 form part of these financial slatemenls. Page 22 MOVING ON (DURHAM) LTD (A Company Limited by Guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Cash flows from operating activities Nel cash used in operating activities 215,630 59, 084 Cash flows from investing activities Purchase of tangible fixed assets {26,420) (55, 193) Net cash used in investlng activities (26.420) {55.193) Cash flows from financing activities Net cash provided by flnancing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year 189,210 3,891 331,275 327.384 Cash and cash equlvalents at the end of the year 520,485 331,275 The nol8s on pages 24 to 42 form part of these financial statements Page 23 MOVING ON (DURHAM} LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 General information The charity is a company limited by guarantee incorporated in the United Kingdom. The members of the company are the Irustees named on page 1. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per mernber of the charily. Accounting policies 2.1 Basis of preparation of financial statements The financial slalements have been prepared in accordance with the Charities SORP IFRS 1021 Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and th8 Companies Act 2006. Moving On (Durham) Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. The financial statements are prepared in pounds sterling which is the functional currency of the charity and are rounded to the nearest £1 . 2.2 Going concern The financial statements have been prepared on a going concern basis. The trustees have considered the risks and all factors they believe might reasonably impact upon the future outlook of Ihe charity. The charity has adequate resources to continue in operational 8xislence for the foreseeable future. As a result, the Iruslees have a reasonable expectation that the charity will continue as a going concern for a period of at18ast 12 months from the dale of signing these accounts. 2.3 Income All income is recognised once the Charity has enlillèmenl to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants and donations are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, ils recognilion is deferred and included in creditors as deferred income. Where entitlement occurs before income is received. the incorne is accrued. Other income is recognised in the period in which it is receivable and lo the extent the goods have been provided or on completion of Ihe service. Page 24 MOVING ON (DURHAM) LTD {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (continued) 2.4 Expenditure Expenditure is recognised once there is a legal or constructive obligation lo transfer economic benefit lo a third party, il is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by aclivily. The cos15 of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each aclivily. Direct costs attributable lo a single activity are allocated directly to that aclivily. Shared costs which contribute lo more than one activity and support costs which are not altribulable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff ¢osls are allocated on the basis of time spent, and depreciation Charges allocated on the portion of the assel's use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.5 Tangible fixed assets and depreciation Tangible fixed assets are initially recognised al cost. After recognition, under the cost model, tangible fixed assets are measured al cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cosl. Depreciation is charged so as lo allocate the cost of tangible fixed assets less their residual value over their eslimaled useful lives, using the straighl-line method. Deprecialion is provided on the following basis: Motor vehicles Fixtures and fittings 20% 20/0 2.6 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.7 Cash at bank and in hand Cash al bank and in hand includes cash and short-lerm highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.8 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, il is probable that a transfer of economic benefit will be required in setllemenl. and the amount of the settlement can be estimated reliably. Liabililies are recognised at the amount that the Charity anticipates it will pay to sellle the debt or the amount il has received as advanced payments for the goods or services il must provide. Page 25 MOVING ON IDURHAMI LTD {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ounting policies (continued) 2.9 Operating leases Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the lease term. 2.10 Pensions The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year. The costs of the defined contribution scheme are included with the associated staff costs and allocated therefore to charitable activities and charged lo the restricted funds of the charity. 2.11 Fund accounting General funds are unreslricled funds which are available for use al the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Designated funds Comprise unreslricled funds that hav8 been sel aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes lo the financial stalemenls. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are Charged against the specific fund. Th8 aim and use of each restricted fund is sel out in the notes lo the financial slalemenls. 2.12 Taxation The company is considered lo pass the tests sel out in Sch. 6, para. 1 of the Finance Act 2010 and therefore il meets the definition of a charitable company for UK corporation lax purposes. Accordingly, the company is potentially exempl from laxalion in respect of income or capital gains received within categories covered by Pt. 11, Ch. 3 of the Corporation Tax Act 2010 or s.256 of the Taxation of Chargeable Gains Act 1992, to the 8xlenl that such income or gains are applied exclusively lo charitable purposes. Income from donations and legacies Unrestricted Restricted funds funds 2025 2025 Total funds 2025 Donations 52,667 25,000 24,388 241.768 77,055 266,768 Grants (see Note 4) 77.667 266,156 343.823 Page 26 MOVING ON {DURHAM) LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Income from donations and legacies (contlnued) Unrestricled funds 2024 Reslricled funds 2024 Total funds 2024 Donations Grants (see Note 4} 37,790 70,OQO 5, 743 271,950 37,533 287,950 41,790 277, 693 319,483 The prior year figures have been reslaled lo reclassify grants as donations in order lo ensure comparability with the current year presentation. Page 27 MOVING ON (DURHAM) LTD IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Grants 2025 2024 The Albert Hunt Trust Charities Aid Foundation 10,000 7, 000 10,000 Swire Charitable Trust 25,000 10,000 28,887 20,000 5,000 38,080 35,000 2,000 15,000 5,000 The Sir James Knott Trusl 10,000 Virgin Money Foundation The National Lottery Community Fund The Sobell Foundation County Durham Community Foundation The Henry Smith Charity Hospital of God at Grealham BBC Children in Need AAP Durham County Council Tyne and Wear Community Foundation Hadrian Trust Nelherton Trust B&Q Foundation Souter Charitable Trust One Stop Tesco Landaid Barbour The Co Operative Lealhersellers 20,000 5.000 23,275 94, 000 2, 000 75,000 5, 500 5, 750 7,000 5, 000 6,441 5.000 7,250 1,118 64,676 1,000 9,726 3,404 5,000 3,671 20,000 30,000 Leeds Building Society 266,768 281,950 Page 28 MOVING ON IDURHAM} LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Income from charitable activities Unrestricted funds 2025 Restricted funds 2025 Total funds 2025 Income from charitable activities - Housing Benefit Income from charitable activities - Rent from Tenants Moving On Housing Income from charitable activities - Young People's Service Moving On Housing Income from charitable activities - Supporting People Grant Supporting Young People Income from charitable activities - Other Income 1,666,381 1,666,381 24,027 24,027 204,826 204,826 19,708 19,708 2,593 2,593 2,593 1,914,942 1,917,535 Unreslricled funds 2024 Restricled funds 2024 Total funds 2024 Income from charitable activities - Housing Benefit Income from charitable aclivilies - Rent from tenants Moving On Housing Income from charitable activities - Young People's Service Moving On Housing Income from charitable activities - Supporting People Grant Supporting Young People Income from charitable activities - Other Income 1.411,638 1,417,638 75,254 15.254 160, 060 160,060 34.760 34.160 158 758 158 1,621,772 1,627,270 Page 29 MOVING ON (DURHAM} LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Analysis of expenditure on charilable activities Summary by fund type Unrestricted Restricted funds funds 2025 2025 Total 2025 Housing Benefit Supporting Young People 6,010 69,399 1,517,700 514,717 1,523,710 584,116 75,409 2,032,417 2,107,826 Unrestricted funds 2024 Restricted funds 2024 Total 2024 Housing Benefit Supporting Young People 5,149 5.750 1,406,489 517.979 1,417,638 523, 129 10.299 1.924.468 1.934, 767 Analysis of expenditure by activities Activities undertaken directly 2025 Support costs 2025 Total funds 2025 Housing Benefit Supporting Young People 1,367.111 427,520 156,599 156,596 1,523,710 584,116 1,794,631 313,195 2,107,826 Page 30 MOVING ON IDURHAM) LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Analysis of expenditure by activities (continued) Activitias undertaken direGtIy 2024 Support costs 2024 Total funds 2024 Housing Benefit Supporting Young People 1,282,649 398,954 728, 989 124,175 1,411,638 523, 129 1,681.603 253, 164 1,934, 767 Analysis of support costs 2025 2024 Wages Social security Pensions Rent and service charge Insurance Light and heat Sundries 145,486 14,708 3,797 30,276 510 151,320 14,882 3,500 32.315 7,873 3, 759 7, 505 75,256 2, 756 10,853 4,471 13,462 15,669 2,977 8,762 4,442 12.471 9,385 26.819 7,940 586 11,434 Office equipment Software subscriptions Health and safely costs Postage and stationery Telephone and inlernel Staff training HR and payroll costs Subscriptions and memberships Finance Governance 655 8.490 313,195 253. 764 Support costs have been split equally beiween housing benefit activities and work supporting young people. Page 31 MOVING ON (DURHAM) LTD {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Auditors. remuneration 2025 2024 Fees payable to the Charity's auditor for the audit of the Charity's annual accounts 7,000 4, 890 Fees payable lo the Charity's auditor in respect of.. All non-audit services not included above 2,000 3, 600 Staff costs 2025 2024 Wages and salaries Social security costs Contribution to defined Contribution pension schemes 622,466 60,565 12,684 540, 325 44,929 9.950 695,715 595,204 Th8 av&rag8 number of persons 8mployed by the Charity during the year was as follows.. 2025 2024 General Admin Management 14 15 21 20 The number of employees whos8 employe& benefits (excluding employer pension costs) exceeded £60.000 was.. 2025 2024 No. In the band £60,001 - £70.000 The key management personnel comprise the senior management team. The lotal for the key management personnel was £168.523 {2024'. £103,791 }. 10. Trustees. remuneration and expenses During the year ended 31 March 2025, no Trustees received any remuneration or other benefits (2024 - £NIL) During the year ended 31 March 2025. no Trustee expenses have been incurred (2024 - £NIL). Page 32 MOVING ON {DURHAM} LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Tangible flxed assets Motor Fixtures and vehicles fittings Total Cost or valuation At 1 April 2024 Additions 78,592 19,585 4,067 6.835 82,659 26,420 At 31 March 2025 98,177 10,902 109,079 Depreciation At 1 April 2024 Charge for the year 19,817 15,557 2,305 4,025 22,122 19,582 At 31 March 2025 35,374 6,330 41,704 Net book value At 31 March 2025 62,803 4.572 67,375 At 31 March 2024 58. 775 1,762 60,537 12. Debtors 2025 2024 Due within one year Trade debtors Other debtors Prepayments and accrued income 6.063 6,411 48,632 7, 505 2. 958 708,360 61,106 118,823 Page 33 MOVING ON IDURHAMI LTD (A Company Limited by Guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13. Creditors: Amounts falling due within one year 2025 2024 Trade creditors Other taxation and social security Other creditors 11,016 19,625 6,333 1,010 17,290 12,570 5,202 18.123 Accruals and deferred income 37,984 53, 185 Page 34 MOVING ON (DURHAM) LTD IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 14. Statement of funds Statement of funds - current year Balance at 31 March 2025 Balance at 1 April 2024 Transfers inlout Income Expenditure Unrestricted funds Deslgnated funds Capital Programme Capital R8pairs Fund 100,000 100.000 58,681 200,000 58,681 100,000 158,681 258.681 General funds General funds Swire Charitable Trust 347,450 55,260 25,000 (50,409) (25,000) 352,301 347,450 80,260 (75,409) 352,301 Total Unrestricted funds 447,450 80,260 (75,4091 158,681 610,982 Page 35 MOVING ON (DURHAM) LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 14. Statement of funds {continuedl Restricted funds County Durham Community FoLtndalion The Sir James Knott Trust Virgin Money Foundation The National Lottery Community Fund The Henry Smith Charity BBC Children in Need Netherton Trust Landaid 10.000 38,080 10,000 28,887 (38,080) (10,000) 128,887> (10,0001 20,000 35,000 15,000 9.726 3,404 10,000 20,000 30,000 21,671 1,666,381 204,826 {20,0001 {35,000) (15.000) 19,726) 13,404) {10,000} {20,000} (30,0001 (21,671) 11,517,700) 1148,681) 1204,826) The Albert Hunt Trust Leathersellers Leeds Building Society Other Grants {see description) Housing Benefit Young People's Service Supporting Young People Donations Rent from Tenants Supporting People Grant 24,388 24,027 19,708 124,388) 124,027) 119,708} 10,000 2,181,098 (2,032,417) (158,681) Total of funds 457,450 2,261,358 (2,107,826) 610,982 Page 36 MOVING ON (DURHAM) LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 14. Statement of funds (continued) Statement of funds prior year Balance al 37 March 2024 Balance at ? April 2023 Transfers in/ouf Income Expenditure Unrestricted funds Designated funds Capital Programme 100, 000 100,000 General funds General Funds 451,464 257, 165 (261.179) (100, 000) 347,450 Total Unrestricted funds 451,464 257, 165 (261,179) 447.450 Page 37 MOVING ON (DURHAM) LTD {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 14. Statement of funds (continued) Restricted funds County Durham Community Foundation 23,215 10,000 (13,215) (10.000) 70,000 The Sir James Knotl Trust The National Lottery Community Fund The Henry Smith Charity Hospital of God al Greatham Netherton Trust Landaid The Albert Hunt Trust 20, 000 94, 000 2,000 5,000 64,676 7,000 15,000 5,500 (20,000) (94,000) {2,000) (5,000) (64,676) {7,000) (15,000) (5,500) BBC Children in Need AAP Durham County Council Tyne and Wear Community Foundation The Sobell Foundation B&Q Foundation Souter Charitab18 Trust One Slop Tesco Hadrian Trust Housing Benefit 5, 750 (5, 750) 5,000 (5,000) 6,447 (6,44 7) 5,000 (5, 000) 1,250 (1, 250) 1,118 (1,718) 1,000 (1,000) 1,411,638 (1,471,638) 1,683,588 (1,673,588) 10.000 Total of funds 451,464 1,940. 753 (1.934.767) 457,450 Page 38 MOVING ON (DURHAM) LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 15. Funds and Other Grants Designated Funds ital Pro ramme As noled wilhin the reserves policy the capital programme fund is designated lo necessitate the purchase or at the very least significant renovation of a leased property. ital Re airs Fund The capital repairs fund is designated lo pay for any uninsured loss lo leased property as a result of lenanl damage. A transfer was made in respect of this. The housing benefit income includes additional amounts for repairs and capital expenditures. which have not been utilised in full within the year. As the restriction is released at the end of the financial year. these funds were transferred lo designated reserves for future use within the capital programme and capital repairs fund. Restricted Funds Grants for Support Worker Salaries and Oncosts.. The following grants were awarded lo fund support worker salaries and oncosts. These funds have allowed us lo continue our successful work supporting young vulnerable adults and children. The support we provide includes building the young person's independent living skills, economic and social inclusion, development of good tenancy management skills, improving their physical and mental health. workplace and education support, etc. Support is tailored to the individual and is typically belw88n 1 and 4 hours per week per young person. Landaid. The Henry Smith Charity. - AAP Durham County Council. Barbour. Hadrian's Trust. Leathersellers. County Durham Community Foundation. The Albert Hunt Trust. National Lottery Community Fund. The Sir James Knott Trust. Sobell Foundation. Leeds Building Society. BBC Children in Need. Nelherton Trust. Hospital of God al Greatham. Page 39 MOVING ON (DURHAM) LTD {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Grants received for Young People Expenses: The following grants were lo help us provide essential items lo our young people. Many of our young people move into our properties with no furniture or essential ilems needed lo live comfortably. We have been able to provide Ihem with items such as sofas, beds, mallresses, bed sheets, microwaves. toasters, cullery and cleaning products, etc We have also been able lo provide our young people with gas and electric funds and emergency food parcels when required. Our Support Workers also provide a food parcel upon moving in and regularly check that the young person has enough food and fuel. We will then fuel lop ups andlor provide food parcels as and when required should the young person be struggling. Co-op Local Community Fund. County Durham Community Foundation - Poverty Hurts. County Durham Community Foundation - Wellesley Trust. County Durham Community Foundation - Household Support Fund. The Virgin Money Foundation have provided us wilh funding to tackle digital exclusion in the young people leaving the care community. We are in the process of providing full fibre broadband in all of our properties and suitable hardware such as a laptop or tablet. We have supported these youn9 people to be able lo manage their online accounts independently such as,. job searGh sites, Universal Credit, Durham Key Options, Teamslzoom, ulililies elc. Other grants consist of grants provided from The Co Operative, Barbour, Hospital of God al Grealham, AAP Durham County Council, Hadrian Trust and The Sobell Foundation. 16. Analysis of net assets between funds Analysis of net assets between funds - current year Unrestricted funds 2025 Total funds 2025 Tangible fixed assets Currenl assets Creditors due within one year 67,375 581.591 137,984) 67,375 581,591 {37,9841 Total 610,982 610,982 Analysis of net assets between funds - prior year Unreslricled funds 2024 Restricted funds 2024 Total funds 2024 Tangible fixed assets Current assets Creditors due within one year 60.537 440.098 (53,185) 60,537 450,098 (53, 185) 10,000 Total 447.450 70.000 457,450 Page 40 MOVING ON (DURHAM) LTD (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 17. Related Party Disclosures Allen Sykes Chartered Accountants, of which a trustee, J F Hindmarsh, is a partner, provided payroll services during the year of which fees totalled £737 (2024.. £7461. C Ross, Trustee, lel a property lo the charity during the year of which fees totalled £5.70012024.' £5,700). 18. Reconciliation of net movement in funds to net cash flow from operating activities 2025 2024 Net income for the year las per Statement of Financial Activities) 153,532 5, 986 Adjustments for: Depreciation charges Decrease in debtors I ncrease/{decreasel in creditors 19.582 57,717 (15,201) 11,822 76,386 24,890 Net cash provlded by operatlng actlvltles 21 S,630 59, 084 19. Analysls of cash and cash equivalents 2025 2024 Cash al bank and in hand 520,485 331,275 Total cash and cash equivalents 520,485 331,275 20. Analysis of changes in net debt At 1 April 2024 Cash flows At 31 March 2025 Cash al bank and in hand 331,275 189,210 520,485 331,275 189,210 520,485 Page 41 MOVING ON (DURHAM) LTD (A Company Limited by Guarantee} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 21. Pension commitments The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity lo the fund and amounted lo £12,684 {2024'. £9,950). Contributions tolaling £3,590 {2024'. £2,142} were payable to the fund al the balance sheet dale and are included in creditors. 22. Operating lease commitments At 31 March 2025 the Charity had commitments lo make future minimum lease payments under non- cancellable operating leases as follows.. 2025 2024 Not later than 1 year Later than 1 year and not later than S years 26,031 13,391 20,888 26,965 39,422 47,853 The operating lease commitments in relation to 2024 have been reslaled compared to th8 prior year financial statements, lo ensure comparability with the current year financial slalemenls. The following lease payments have been recognised as an expens8 in the Statement of Financial Activities.. 2025 2024 Operating lease rentals 28,999 20.888 Page 42