REGISTERED COMPANY NtJMBER: 042>5958 ffjngla￿d alld Wales)
REGISTERED CHARITY NUMBER: 1112553
ort of the Trustees and
Unaudited Financial Siatements for tbe 18-MoDth Period Ended 31 March 2025
for
Housin
Initi*dves
Ltd
Alexander Myerson & Co Limited
Alexand¢r Hous¢
61 Rodney Street
LiveTrool
MetseysÈde
LI 9ER

HollsinLr IDitiatives
Ltd
Leoal and Administratii.'e Information
for the 18-IIonth Period Ended 31 March 2025
Trustees
P N Merity
M Ollivier
E Piperdy
M A Blanehard
Company Seeretary
Mr. Tery Pritchard (appointed 101091?5)
Charity Number
1112553
Company Number
04?55958
Revi5tered office
151 StaDley Road
BooTle
L?0 3DL
Indepelldent Examiner
Paul Burns Bsc Holls BFF FCA
Alexander Myerson & Co Linjited
Alexander House
61 Rodney Street
Live￿001
Merseyside
LI 9ER
Bankers
Lloyds Bank pl¢
137 Telegraph Road
Heswall
W￿[
CH60 OAN

Hou5in¢J Inltiatives
Ltd
Contents of the Financial Statements
for the 18__Iqonth Period Ellded 31 Mar¢b 2025
Page
Report of the Trustees
Statement of Trustees RespoD5ibiiities
Independent Examiner's Report
Statement of Finallclal Activities
Balan¢e Sheet
6 to
Notes to the Financial Statements
to 13

Hou5ill<T Initiatives
Ltd
ort of the Trustees
for the 18-_l¥Ionths Period Ended 31 Marth 2025
The trustees present their report and financial sratements for the 18-MoDtbs Period Ended 31 March 2025.
The ac¢ovnts bave been prepared in 3ccordan¢e with the accoullting poIicies set out in aote I to tbe accounts and
cornply with the Ch￿Ity'S Tnemorandum and arricles of associatio￿ the CompaDies Act 2006 and "Accounting and
Reporting by Clwities: Ststement of Recommended PTacrice applicable to cbarities prepaTing their accounts 13]
accordance with tbe FitWLcial Reponing Standard applicable in the UK and Republic of Ireland ffRS I O?)" (as
amended for accounting perÈods commencing from l January 2019).
Objeetives 2nd Activities
Housing Initiatives (UK) Limited wds founded in ?001. as a not-for-profit cornpany. Tbe aim of Housing Initiatives
(UK) Limited is to provide wpported housing to people learnillg disabilities and other vu]llenble people in the
Greater Merscyside area.
The trustees ID accordance witb Section 4 of the 2006 Cknities Act bave taken due regard of tbe public benefit and
acted a¢¢ordingEy.
Achievements 2nd performan¢e
T])roughout the period Housing Initiative5 held mandatory and non-Ellandatory accreditations and licenses via the Local
Authorities wbi¢h regulated rbe higb standards of the properlies. the application for HI io be¢ome a Registered So¢ial
Landlord (RSL) is ongoin8. although has provcd to be a much lengl￿'tr and owre complex process tban had been
envisage
Many of our teronts are long-standing and tbis has l￿d a stabilising effect on their lives and seen them become rnOTe
integrated into their local comtllunities.
Due ro ongoinc Vokds at Hougmomont Grove the trustees took the decision to sell tbe propcty dwjng the year.
Reserves policy
The funding policy of the charity is to maintaia witbin ullrestricted fijnds at least 2 montbs, rUlln1￿ costs to ensure that
Lt caD continue to meet its obligations. The Erustec5 are of the opinion that cash-flow is sufficiellT to continue the
on-going work of the charity.
Financial review
The chariry does not receive any ryit suppon iowards the provision of accolluuodatio￿ obtaining tDOrtgages for
properties and receiving rental in¢oEtLe from Tenants. However, the cbaTiry will continue to seek general unrestricted
funds to further the charity reserves and develop tbe infrasthjcrure of the charity.
Matthgetnent reports are produeed and are reviewed by the board at eacb board meew to ensure that the charity
Properly manag¢s ttLe fund5 avallable.
Over the 18-month period (October ?023 - March 2025) the rental income has flu¢n￿led due to the de-conllnissioning
of services a couple of years ago and the fjlling of volds.
As of Marcb 20?5. voids are a5 follows..
Gainford- I x voids
St L x voids
Investment poliey
The chaTity's investment policy CUTrently is to hold aay reserves at the bank
RAsk policy
The board of tsustees has caTried out risk aSsesSn￿lts and aim to lessen the risks to the charity &9 far as p055ible.
Governance
The chaTity strives to enwr¢ that there ar¢ adequate trustees witb a diversity of skills.

HousinLY Initiative5
Ltd
ort of the Trustees
for the 18-NIonth Period Ended 31 March 2025
External
The charity continues to maintain its profile within the local community, thus ensurino the charity is sensitive to the
commuDity's need5.
Financial
Financial procedures are in place and adbered ￿. Accounts are monitored tegularly.
Operational
The chariry ensures that 5Uitably qualified/skilled staff are recruited.
Structure9 govermallee and management
Housing Initiatives (LTK) Limited was registered as a ¢barity on 19 December 2005. charity llUllLber l 112553.
Septrmber 2019, Housing Inltiatives merged with Expect LtsL
The chariry is governed uader its Memorandum and Articles of Association incorporated on 20 July 2001, as amended
by special r¢solution daied Marcb 2016 and on 30 August 2019.
The trustee5, who are also the directors for the p￿￿oSe of company law, and who served duTing the period were..
Mr. Peter Neil Merity
Miss Margaret Ollivier
Mr. Mark AdTian Blanch8rd (appointrd 1514124)
Mr. Ebrahirn Piperdy (appointed 05161?4)
The Board of Trustees aiLDS to ensure its rncmbers provide a good mix of skills, knowled£e and experience in relation to
providing governance and management for a charitable orgaDisatiotL The existing Board zuembers nominate candidates
on theit skill, abilities aud experience in various ¢apacitÉes of tbeir working and everyday life.
Small cornpany provisions
This report has been prepared in accordance vjitb the special provision5 relating to small companies within Part 15 of
the Companies Act 2006.
The trngiees, report was approved by the Board of TrLtste
Approved b der of the board of tr￿teeS on ......
and sign¢d on its b¢half by:
ty-Trusi

Hollsillts Initiatives
Ltd
St2tement of Trustees Re5
onsibiliries
for the 18-]I,lonth Period Ended 31 f*larch 20?)
The trustees, who are also the Directors of Housing IJ]iriatives IUK) Limited for the purpose of company law: are
responsible foT preparillcr the Trnstees Report and the accounts in accordartce with appJcable law and United Kingdom
Accounting Standards Iunited Kinodom Generdlly Accepted Accountinir Practice).
Company law requires the trustees to prepare accounts for each finaucial year which trives a true and fair view of the
stste of affairs of the C}￿￿ry and of the illcoming resovr¢es and application of resources, 3L¢luding the income and
expendittire, of the chan'table company for that yebr.
In PTepaTing these accounts, the trnstees are required to.
Select suitsble accouating policies and tben apply them ¢onsisteutly'
Observe tbe methods and principles in the Clwities SORP.
Make judgements and estimates that are reasonable and PTudeDI
State wlkether app]icable UK Accouuiing stsud￿&s have been followel subject to any material deparnwes disclosed
and explained in th¢ accounts. and
Prepare the accounts on the going coueern basis unless il is inappropriate to presume that the charity will ¢ontiDUC in
operation.
Tbe trustec5 are responsible for keepiJLg adequate accourjting records tbat disc105e with reasonable accuracy at any time the
fiaancial position of the charity and enable them to ensure that the accounts coJJJply with the Companies Act ?006. They
are also responsiTr>l¢ for safeguarding the assets of the charity alld hence for taking re￿Onable Steps for the prevention and
detection of fraud and other irregularities.

Inde
endellt EIaminer's Re
Initiatives
ort to the Trustees of
Ltd
IndependeJAt examiner's report to the trustees of HouSiDg Initiatives (U.K) Lrd ('the Company,)
I report to ti]e charity trnstees on my examination of the accounts of the CoJJ¥ally for the 18-Month PeTiod Ended 31
March 20?5
Responsibilities 2nd basis of report
As tbe chaTity'S trnstees of the Company (and also its dittctors for the purposes of company law) you are responsible for
tbe preparation of tbe ac¢ounts in accordance with tbe requirements of tbe CompaDie5 Act ?006 {*he ?006 Act,).
Having satisfied myself that the accouats of tbe Co]llpaDy are not re(￿ired to be audited under Pan 16 of tbe 2006 Act
and are ell￿bIe for independellt examinatio￿ I report in respect of my examiaatioll of your charitils accounts as caTTied
out under Section 145 of the Clwities Act ?01 I Cthe ?01 l Act). In carying out my exatuination I have followed the
Directions given by the Charity CoD]mission Und￿ Secti¢)ll 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have ¢onwleted rny examinatioL I confirm that no ￿￿tter$ have come to rny anention ill corneetion with the
exarnination triving me ¢au5e to believe:
accounting records were Dot kept in Tespect of the Company as required by Section 386 of the 2006 Act. or
the accounts do nor accord with those Tccords" or
the accounts do not comply with the accounting requirements of Section 396 of the ?006 Act other thaD any
requirement rhat the accouurs give a true and fair view w￿.¢h is not a matter co]]sidered a5 part of'an
independeot examination. or
the accounts have not been prepared in accordall¢e with the methods and principles of the Statement of
Recommended Practice for accountin8 and reponing by ¢lwities (applicable to charities preparing their
accounts in accordallec with the FinaJ]cial Reporting Standard applicable ill the UK and Rcpublic of Ireland
IFRS 102)).
I have no concerns and have coroe across no other matter5 iii coiintcuoll with the exa]nination to which attention should
be drawn in tknis report in order to enable a Proper understalldwg of the accounts io be reacbed.
Paul Burns Bsc Elons BFP FCA
Alexander Myersoll & Co Limitsd
AJex3nder House
61 Rodney Street
LiY¢rpool
Merseyside
LI 9ER
Date: ........

llousin￿ Initiatives
Ltd
Statement of Financial Actisqties
Includin Income and Ex
ellditure Aceount
for the 18-Month Period Ended 31 I'larch 2025
30.9.?3
Unrestricted Unrestrieted
fund5
funds
Notes
INCOME AND El￿OW￿E￿Ts FROM
ChArit&ble activities
Propety Rentsl Income
Other income
211,34?
145,5?0
Investmeut income
109
150
Total
?11,451
145,670
EXPENDIT.LIRE ON
Charitable activities
Expenses and Governance costs
12?,787
187,653
NET INCOMEI(EXPENDITURE)
88,664
{41,983)
RECONCILL4TION OF FUNDS
Totsl fimds broughi fonvard
569,012
610.995
TOTAL FUNDS CARRIED FORWARD
657,676
569,012

Hou5in¢y Initiative5
Ltd
Balance Sheet
31112rch 2025
30.9.?3
Unrestricted UDre5tricted
fun(ts
funds
Notes
FIXED ASSETS
Tall￿￿1¢ a55ets
962,706
1,138,505
CURRENT ASSETS
Debtor5
Cash at bauk
1,839
121,380
13.95?
19.193
CREDITORS
Arnowiis falling due within one y¢ar
1?3219
33,145
(73,790)
(I li,503)
NET CURREryIT (LIABILITIES)IASSETS
49,429
(80 358)
TOTAL ASSETS LESS CITRRENT
LIABILITIES
1,021.135
1,058,147
CREDITORS
Amoullts falling due after more tban one year
io
(354,459)
(489,135)
NET ASSETS
657,676
569.012
FUNDS
Unrestricted fuaas
12
657,676
569 01?
TOTAL FUNDS
657 676
569,012
The charitable eon)pany is entided to exemption from audit under Section 477 of the Companies Act 2006 £or tbe
18-Month Period End¢d 31 March 2025
The members have not required the company to obtain an wdit of its financtal statements for tbe 18-Month F￿10d
Ended 31 Marcb 2025 in accordance ￿7th Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for.
(a)
ensuriag that the charitable company keeps ac¢ountitig records that cOn￿lY witb Se¢tions 386 and 387 of the
Compallies Act ?006 aad
preparing financial statements which trive a trne and fair view of the state of affairs of the clwitable coropany as
at the end of each f￿anCIal year aad of its sU￿lUS or deficit for each fiThancia] year in accordance with the
require2nents of Sections 394 and 395 and which othernryse con4)ly with the requirements 0£ the Compani¢s A¢t
2006 Telatillg to fman¢ial sarements, so far a5 applicable to the charilable compauy.
(b)

Housin
Illitiatiiie5
Ltd
Balance Sheet- eontiTAued
31 _TlIarch 202)
These financial statements have been prepared in accordance with the provisions applicable to cknitsble companies
subject to the Small companies re.trime.
Cial statements were approved by the Board of T￿￿ and authoIised for issue on
. and weTe si.oned on its behajf by:
stee
Company Registration No. 04255958

Housints Initiatives
Ltd
P*'otes to the Financial Statements
for the 18-T*lonth Period EDded 31 March 2023
ACCOI]NTING POLICIES
Basis of preparintr the f￿ancial statements
The finan¢Jal statements of the Ch￿ltable company: wbich is a public benefii entity under FRS 10? have b¢¢n
prepared in accordance with the Chartties SORP (FRS I O?) 'Accounting and Reporting by Charities.. Statement
of ReCon￿lle￿a¢d Practiee appkncable to chaTities prq)arintr their accounts iu accordallce with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January ?019)',
Financial Repothg Standard I02 The Fitwicial Reporting Standard applicabl¢ ID the UK and Republi¢ of
Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost
convention.
The charAty has taken advantage of the provisions in tbe SORTr for ¢lwities applyi￿0 FRS 102 Update Bulletin i
not to prepare a Ststement of Cash Flows.
Income
All income is r￿OgniSed In the STaternent of Fiaancial Activities once the cknity has entitlcment to the fijnds, it
15 probable that tbe iocome will be received and the amount can be measured Teliably.
Income from government grants and other grants. whether 'capitsl' grants or'reveaue, Erants, is recognised when
the cbaTity has eotitlement to the fun<ts, any perforniance conth'tions attached to the item(s) of xncome have been
met, it 15 probable tbat the income T￿ll be received and the amount can be measured Teliably and is llot deferred.
Rental incomc is included when receivable.
Investtaent income is recorded when receivable by the C1￿1ty.
Expendfiture
Expenditure is included in the Ststement of Financial Activities on all accnwl basis, inclusive of ally VAT wbich
cannot be recovered.
Charitable expenditure comprises thse costs incuTred by the cEwity the delivery of its activities and services
for its benefieiaries.
GovernaDce costs represent costs associated with meeting the eonstitutional and statutory requirements 0£ the
charity and include tbe indepcndent ¢xamination.
Impairment of r￿ed assets
Al each reponioE end date. the charity reviews tbe carryiag amounts of its tangible and intan8ible assets to
detcrniin¢ wbether there is any itidication that those assets bav¢ suffer¢d an itupairmcor loss. If any suGh
indication exists, the ￿coVe￿bIe amount of the asset is estimated in order to deteTmine the extent of the
impairn)ent loss (if any).
Tangible r￿ed a55ets
Depreciats"on is provided at the following aDnual rates in order to vjrite off ea¢h asset ov¢r Lts estimated us¢£ul
Ixfe.
Freehold property
Long leasehold
FixtLwes and fittings
20/9 on Cost
20/0 on Cost
30'h on G05t
Taiation
The chaTiry is exernpt from coryoration tax on its chan"table activities.
Charitable fullds
Unrestiicted funds are available for use at the dis¢retion of the tn)stees in SJrtheran¢¢ of theii charÈtable
objectiv¢s.

Housino JDitiatives
Ltd
Note5 to the Financial Statetllents - continued
for the 18-11.Ionth Period Ended 31 Thlarch 2025
ACCOUNTING POLICIES - contiJ)ued
Hire purchase and leasino commitments
Rentals paid under opeTa¢ing leases are c]wged to the Stster(Lent of FiDancial Acupities on a straiJt-line basis
over the period of the lease.
PensioD costs and other post-relirement benefits
The ch￿Itable company operates a defined ¢onthbution pension scheme. Contributions payable to the
clwitable compangs penSLon scheme arc charged to the Statement of FiJwiciaI Activities in the period to which
d]ey relate.
Goino concerll
At the time of approving the financial ststements, the tr￿lee$ have a reasonable expectation that the charity bas
adequate resources to continue in operational existence for tbe foreseeable future. Thus, the tn￿reeS continue to
adopt the going concern basis of accounting in prepari￿0 the financial statements.
cR￿IcAL ACCOUNTtNG ESTIMATES AI¥4D JUDGEMENTS
In the application of the Clwitys accounting policies. the In￿tte$ are reqUI￿d to make judgements, estimates
and assuillptions about the carryin.
o atuount of assets and liabikn'ties that are not readily apparent from other
SOUTces. The esttmates and associated &55UmPtions are based on historical expeTience and other factors that are
considered to be relevallL Actual Tesults may differ from these e￿][Dates.
The estinjates and underlying assumptioDS are reviewed on an ongoing basis. Revisions to accounting estiu￿tcs
are recognised in che period in which the esiitnate is revised where the revision affects ODly thai period, or ill tbe
period of the revision and future periods where the rcvision affects both current and future periods.
tNVESTMENT INCOME
31.03.25
30.9.23
Deposit account intercst
109
150
CKARITABLE ACTIVITIES
31.3.25
30.9.23
Wages
Social security
PeDsions
Computcr cos
Rates and water
l&surdnce
Services to tenants
Tclephonc
Repairs and maintenance
BaDk charges
Suudries
Freehold prop¢rry depreciation
Lontr leasehold (lepreciation
Trainino Cost
Bad debts write off
Bank loan inl¢r¢st
Profit on disposal asset
58,978
6,164
73,100
15,633
831
3,157
7,016
1,225
7,354
458
11,089
38?
1,633
18.168
13,102
1,505
10,649
4.677
18,711
660
19,988
1.521
22,530
19.652
3,013
37,576
(99.715)
29.051
112,685
182.192

ousinu Initiatives
Ltd
Notes to the Financial Statemellts - continued
for the 18-fvlollth Period Ended 31 Nlarch 2025
Support costs
Governallce costs
Accountancy fees
Legal fees
4,500
5.602
4.?00
10,102
5,461
Total resources expended
122.787
187.653
Governance costs intlude payments to the accountant of wbich £895 (?0?3_£895) was io respect of independent
ex8rnination fees.
NET INCOMEI(EXPENDrruRE)
Net income/(expenditwe) is stated aftex clwgingl(crediling):
31.3.?5
30.9.23
Dcprcriation- owlled assets
31.270
TRUSTEES, REMUNERATION AND BENEFrrs
There were no t￿rees, remuneratiou or other benefits for the 18-Month Period Ended 31 March 20?5 nor for
the year ended 30 September 2023.
Trustees, ¢ipen$es
There were no trustees, expenses paid for the 18-Month Period Ended 31 March 2025 nor for the year ended
30 September 2023.

Housino Initiatives
Ltd
Notes to tbe Financial Statements- Continued
for the 18-l¥lollth Period Ended 31 i¥larch 2025
STAFF COSTS
31.3.2i
Wa(Fes and salaries
Social security costs
Other pension costs
58.978
6.164
73.100
15,633
831
89,564
The average montbly nuDJber of employees during the year was as follows:
31.3.25
30.9.23
Property rental
No employees received emoluments in excess of £60,000.
TANGIBLE FIXED ASSETS
FixtUTes
Freehold
propery
Long
leasehold
fillings
Totsls
COST
At l October 2023
Additions
Disposals
933,524
655,086
2,403
1,591,013
{18?.529)
182 529
At 31 March 2025
750 995
655 086
2,403
1408 484
DEPRECL4TION
Ai l October 2023
Cbarge for year
Disposals
270,303
179,803
19.652
2.402
452.508
42,182
48 912)
48 91?)
At 31 MaTGh 2025
?43 921
199 455
2.402
445,778
ET BOOK VALUE
At 31 March 20)5
507,074
455,631
962,706
At 30 September ?023
663,L?I
475 283
1138,505
The &¢ehold and leasehold properties were valued on 31 March 2009 by Collerton5 Surveyor5 and were valued
at Dmtket value asSU[ll￿g vacani possession.
At 31 March ?0?5, had th¢ revalued assets been caTried at hisioric cost less accumulated depTeciaiion and
accumulated impairment losses, their caThyin8 amount would have been approximately £571,183 (2023
£585,799),
Thcie is a fiTSt legal cbarge over 7 St Edmond's RoaQ 14115 Tarbrock Coun 445 St2nley Road and 443 AIB
Staoley lioad. Social Investment Busitiess (forn]erly FuEur¢builders EnJand Limited) has a first legal ¢haToe
over ?_8 fjaimford Road. The bank IoaD5 secured on Ihe properties amounied to £407.016 (2023.. £537.761}
whieb is 4? % (?023 . 48 % ) of the net book value of the propertie&

Housin
Initiative5
Ltd
P*Otes to the Financial Statements- Colltillued
for the 18-11 Ionth Period Ended 31 Th,lareh 2025
DEBTORS: ANIOUN'TS FALLING DifE WITHIN ONE ITAR
TTade debtors
Prepaymetkts and aecrued income
1,410
4?9
1,715
1,839
13.95?
CREDITORS: AMOUNTS FALLINGDUE WITHIN ONE YEAR
li
31.3.25
30.9.23
Bank loans and overdrafts (see note I l)
Trade creditors
Social security and other tsxes
Amounts owed to group undeJDlongs
Other crethtors
Accruals and d¢feThd income
52,557
176
1,140
10,895
48,626
2,246
1,994
56,204
233
4,200
9.0?2
73,790
113,503
io.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25
30.9.23
Ballk loans (s¢¢ Dote I l)
354,459
489 135
ii.
LOAIYS
An analysis of the n]aturity of loans is given below.
31.3.25
30.9.23
AmounES fallin2 due within onc year on demalld:
Bth108nS
Amoullt$ falling betwe¢n two and Gve years:
Bank loaDS
263.985
222,040
Amounts falling due tn more thao five years..
Repayable by insta]ments:
Baak loans more 5 yr by instal
Sccuriry ha5 been given in respect of bank loans and ovcrdrafts of £407,016 (2023: £537.761). The bank
borrowings with Lloyds B8nk of £220,?88 {2023: £333,180 are secured by a fixed and floating charcre over the
fouT of the frc¢lLold properties.
The baok borYowirLg5 with Social Tnvestment Bu5incss (forTrcrly Futurebuildets En-land Limited) of £186:728
(2023.. £204,575) are secured by a fixed and floatino ch8r8e over the leasehold properties.

Hou5inry Initiatives
Ltd
Notes to the Financial Statements - continued
for the 18-filonth Period Ended 31_N.larch 202)
12.
MOVEMENT IN FUNDS
Net
At
30.9.23
movement
in funds
At
Unrestricted funds
General fund
Revaluation reserve
217,412
351.600
102,343
(13,679
319.755
337.9?1
569,012
88,664
657.676
TOTAL FUNDS
569,012
88.664
657,676
13.
ULTIMATE PARENT COMPANY
Expect Litllited is the pareot company of Housing Initiatives (UK} Ltd, wbich draws up consolidated f￿anciaL
statements. The address of Expect Lin]ited's regisiued office and principal place of busincss is 151 Staraey
Road, Boode, Livetpool, Merseyside. L20 3DL. The Charity registration number of Expect Limited is 701331
and the Company registration Dumber is 02357285.
Copies of consolidazed accounts of Expect Limited may be obtained from the Adjninistrator at 151 Stenley
Road, Bootle, Liverpool, Merseyside, L20 3DL.
14.
RELATED PARTY DISCLOSURES
Th¢ COU￿allY has takell advantsge of the dis¢losute exemptions to which il is entitled regarding transactions
with its parent as a l OOO/o owned subsi(tiJry company w1￿]ll the group.
There are no other related paty tra￿SaCaons during the curnt or previous periods.
15.
COMPANY LIMITED BY GUA114NTEE
The charitsble compatty is limited by guarantee and has no slwe capital. In the eveJJt of the ¢lLaritsblc
company being wound up, the liabih'ty of tbe member in respect of their guarantee is limited to £1 O.
16.
ANALYSIS OF IYET ASSETS BETWEEN FUNDS
All of the assets and liabilAties ststed in tbe Balance Sheei consist of Unresuict¢d Funds.

Hou5ino Initiatii'e5
Ltd
Detailed Statement of Financlal AttiTrities
for the 18-ryIollth Period Ended 31 Nlarcb 2025
INCOME AND ENDOWMENTS
Investment income
Deposit account interest
109
150
Charitable activities
Clwitable Tentsl income
Other income
?08,603
2,739
145,0?6
496
211,342
145,520
Total Incoming resources
211,451
145.670
EXPENDITURE
Charitable activides
Wages
Social se¢urity
Pensions
COmpu￿r costs
Rares and water
Insurance
Servi¢cs to tenants
Telepboue
Repairs and rnaint¢nance
Bank cbarges
5undries
Freehold propety depreciation
Long leasehold depreciation
TraFLing cost
Bad debts write off
B8llk loan interest
PTofit on disposal asset5
58,978
6,164
73,100
15,633
831
3,157
7.016
1,225
7,354
458
11,08?
38?
1,633
18,168
13,10?
1,505
10,649
4,677
18,711
660
19.988
444
1.521
?2,530
19,652
3,013
6J28
37,576
99 715)
29,OSI
11 ?,685
182,192
Support eo$t$
Governance costs
A¢countancy fees
Legal fees
4,500
5,602
4.200
1,261
10.102
5,461
Total resources expended
12?,787
187,653
Net expenditure
41.983)