COMPANY REGISTRATION NUMBER: 05991685 CHARITY REGISTRATION NUMBER: 1117761 Throughcare Housing & Support Ltd Company Limited by Guarantee Unaudited Financial Statements 30 November 2023 BKPL Chartered Certified Accountants 29 Waterloo Road Wolverhamplon WV14DJ
Throughcare Housing & Support Ltd Company Limited by Guarantee Financial Slatements Year ended 30 November 2023 Pages Twstees, annual report (incorporating the directorfs report) 1to3 Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements 7t012 The following pages do not form part of the financial statements Detailed statement of financial activities 14 Notes to the detsiled statement of financial activities 15
Throughcare Housing & Support Ltd Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) Year ended 30 November 2023 The trustees. who are also the direclotE for the purposes of company law, present their report and the unaudited financial statements of the company for the year ended 30 November 2023. Reference and admlnlstratlve detalls Reglstered eharlty name Throughcare Housing & Support Ltd Charlty reglstratlon number 1117761 Company registration number 05991685 Principal office and registered 11A Well Street offlce Hockely Birmingham Wesl Midlands B19 3BG England The trustees Mrs K Kaur (Direclor) Mrs V J Hyllon Mr E Olaiya Mr H Rodney Company secretary Miss Louise Wallace Independent examlner John Hitchen 29 Watetloo Road Wolverhampton WVI 4DJ structure. governance and managément The company is registered as a private company limited by guarantee and not having a share ¢apltal. The 8ubscriber8 to the memorandum are the first meMrg of the Charity bul membership is open lo other individuals or organisations who apply lo the Charity and are approved by the directors. Under charity law those persons having the general control and management of the administration of the Charity are deemed to be charity trustees. Trustee Inductlon & Tralnlng Advice for TrLJStees published by the Charity Commission is given lo new Trustees and new guidance is notified and made available lo Trustees.
Throughcare Housing & Support Ltd Company Limited by Guarantee Trustees. Annual Report {Incorporating the Director's Report) (c¢)ntlnued) Yèar ended 30 November 2023 ObJectlves and actlvitles The company operates as a charity to promde housing and support to disadvantaged members of the community. Publlc benèfit The Iruslees, having consldered 8.17 of the Charities Act 2011, have satisfied themselves that they have complied with the duty to have regard lo the Public Benéfit guidance published by the Charity Commission. The activities 2nd achievements of the charity are outlined throughout this trustees report and we believe demonslrale that the charity is providing public benefit. Achlevements and performance The company has already added more hostels to il's client base and aims to further increase this to reinstate il lo its former sound financial standing. The company has developed the support department and has successfully housed and supported the majority af its clienls this year through the "move on" programme into independent living. Throughcare has expanded its offer(ng with the opening ol hostels for unaccompanied asylum seeking minors and asylum seekers wilh the aim of providing housing and support. Throughcare has been in touch with various local authorities and has accommodation ready for use. ThroLJghcare continues to develop th6 West midlands consortium framework agreement with Slaffordshire as lead council and has achieved an extension of this contract. Throughcare also continues to work with Birmlngham Children services. Financial revi8w Throughcare continues lo source for funds for its charitable activities from various funding bodies. 11 currently has pending applications wilh ch8rilable trusts and foundations. Throughcare won it's claim against the council regarding the removal of it's exempt status, This has l@d to subslanlial financial improvement and il continues lo work lo improve this arm of business, Throughcare ¢onlinues lo expand ils business scope th the aim of continuing lo progress and expand the ServIS offered by tha charity. Resekves Policy The Trustees review the reserves regularly lo ascertain that Throughcare will continue in its charitable a¢livities for the near future. The funds are in deficit due lo a legal court case that is currently ongoing which the Trustees believe will be successful. Plans for future perlods Throughcare is relocating its adminislralion operation and has plans to open a resource centre lo train more clients and staff and also lo commence the existing apprenticeship programme th8 next financia1 year. Throughcare also plans to expand the current 24 hour hos161s, develop a servicé for unaccompanied asylum seeking minors and develop its other areas of business.
Throughcare Housing & Support Ltd Company Limited by Guarantee Trustees, Annual Report {Incorporating the Director's Report) (¢onthJuedJ Year ended 30 November 2023 Small company provlslons This report has been prepared In accordance with the provisions applicable to companies enlitl8d to the small companies exemption. The trustees, annu81 report was approved on 18 July 2024 and signed on behalf of the board of trustees by.. Mrs V Hyllon Trustee
Throughcare Housing & Support Ltd Company Limited by Guarantee Independent Examiner's Report to the Trust88s of Throughcare Housing & Support Ltd Year ended 30 November 2023 I report to the Iruslees on my examination of the financial statements of Throughcare Houslng & Support Ltd I'lhe companVI for the year ended 30 November 2023. Responsibilities and basls of report As the trusl8es of the company (and also its directors for the purposes of company lawl you are responsible for the preparation of the financial slalements in accordance with the raquir8ments of the Companies Act 20061'lhe 2006 Act,). Having satisfied myself that the accounts of the company are not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the company's accounts 88 carried out under section 145 of Ihg Charities Act 2011 ('the 2011 Acl'l. In carrying out my examination I have followed the Directions given by the Charity Commission under sectlon 14515}Ibl of the 2011 Act. Independent examiner's statement Since the companls gross ir)come exceeded £250,000 your examiner mLESt be a member of a body listed in section 145 of the 2011 Act. I confirm that l arn qualified lo undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales IICAEWI. which is one of the listed bodies. I have completed my examination. I confirm that no matters have com6 lo my attention in corkneclion wilh Ihe examination giving me cause lo beliéve.. ac¢ounling records were not kept in respect of the company as required by secliori 386 of the 2006 Aot-, or the financial statements do not accord with those records., or the financial slalements do not comply with the accounting requirements of section 396 of the 2008 Act other than any requirement that the acwunls give a 'lrue and f8ir' view which is not a matter considered as part of an independent 8xaminalion; or the financial slalemenls have not boon prepared in accordance with the methods and principles of the Stalemenl of Recommended Practice for accounting and reporting by charities applicable lo charities prepar(ng their accounts in accordance with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. John Hilchen Independent Examiner 29 Waterloo Road Wolverhampton WV14DJ
Throughcare Housing & Support Ltd Company Limited by Guarantee Statement of Financial Activities (including income and expendilure account) Year ended 30 November 2023 2023 Unrestricted funds Total funds Total funds 2022 Note Income and endowments Charitable activities 426,834 426,834 426,834 401,460 Total Income 426,834 401,460 Expendlture Expenditure on charitable activities Total expenditure 408,976 408,976 408.976 408.976 377,639 377,639 Net income and net movement In funds 17,858 17,858 23.821 Reconciliation of funds Total funds brought forward Total funds carried forward 1103,2911 {85,4331 (103.291) 1127,1121 (85,4331 1103,2911 The statement of financial activities includes all gains and losses reC(niSed in the year. All incomo and expenditure derive from continuing aclivilies. The notes on pages 7 to 12 form part of these financlal statement8.
Throughcare Housing & Support Ltd Company Limited by Guarantee Slatement of Financial Position 30 November 2023 2023 2022 Note Current Assets Cash al bank and in hand 5,802 Creditors.. amounts falling due within one year Net Current Llabllitles 12 91,235 103,291 85,433 103,291 185,433} {103.2911 Total Assets Less Current Llabilltles Funds of the Charlty Unrestricted funds {85,4331 {103,2911 {85.4331 {103,291) Total charity funds 14 For tha year ending 30 November 2023 the company was entitled lo exemption from audit under section 477 of the Companies Act 2006 relating lo small Companies. Directors, responsibilities.. The members have not requir&d the company to obtain an audit of its financial slatemenls for the year in question in accordance with Section 476- The directors acknowlodga their responsibilities for complying with the requirements of the Ael with respect to accounting records and the preparation of fin2ncial statements. These ft'nancial stslements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These ftnancial slalements were approved by the board of Iruslees and authorised for issue on f8 July 2024, and are signed on behalf of the board by.. Mr8 K Kaur (Dlreclorl Director Tho notes on pages 7 to 12 form part of these flnan¢lal statements.
Throughcare Housing & Support Ltd Company Limited by Guarantee Notes to the Financial Statements Year ended 30 November 2023 General Infom)atlon The company is a public ber*efil enlily and a private wmpany limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 11 A Well Street, Hockely, Birmingham. West Midlands, B19 38G. England. statement of compllance These financial slatemerils have been prepared in Compliance with FRS 102. The Financlal Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable lo charitie8 preparing their accounts in accordance with the Financial Reporting Standard applicable in thè UK and Republic of Ireland IFRS 1021 Icharities SORP IFRS 10211 and the Companies Act 2006. Accounting politles Incomlng resources Incoming resources are cOgnised in the year lo which they relate. Incoming resources are recognised in the year lo which they relate. Basis of preparatlon The fin8nci818talements have been prepared on the historical cost basis, as modified by the revaluation of certain fin8ncial assets and liabilities and investment properties measured al fair value through Income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charilvs ability lo conllnuè. Dlsclosure exemptlons The entity satisfies the criteria of being a qualifwng entity as detined in FRS 102. Judgements and key sourcès of estlmation uncertalnty The preparalon of the financial stateménts requires management to mako judgements, eslimales and assumptions that 2ffecl the amount reported. These eslimales and judgements are continually reviewed and are based experience and other factors. including expectations of future events that are believed to be reasonable under the circumstances.
Throughcare Housing & Support Ltd Company Limited by Guarantee Notes to the Financial Statements fconllnuedj Year ended 30 November 2023 Accounting policies icontlnued) Fund accountlng Unrestricted funds are available for use at the discretion of the trustee8 lo further any of Ihe chariws purposes. Designated funds are unrestricted funds earmarked by the Iruslees for particular luture project or commitment. Reslricled funds are subjected to restrictions on Iheir expenditure declared by the donor or through the terms of an appeal, and fall into one ol two sub-classes: restricted income funds or endowment funds. Incoming resources All incoming resources are Included in the statement of financial activities when entillemenl has passed to the charily-ll is probable that the economic benefits associated with the transaction will flow to the charity and the amount Can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of enlillemenl to the gift, receipt is probable and ils amount can be measured reliably. legacy incomé is recognised when receipt is probable and entitlement is establishod. income from donated goods is measured al the fair value of the goods unlèss this is impractic81 lo measure reliably, in which case the valu6 is derived from the cost to the donor or the eslimaled resale value. Donated facilities and seNices are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the conlributian of general volunteers. income from contracts for the supply of services Is recognised with the d81ivery of the contmcled service. This is classified as unrestricted funds unless there is a contractLtal requirement for il lo be spent on a particular purpose 2nd returned if unspot)t. in whioh case it may be regarded as r&slricled.
Throughcare Housing & Support Ltd Company Limited by Guarantee Notes to the Financial Statements (conélnuedl Year ended 30 November 2023 Accounting pollcles (contNnuedJ Resources expended Expenditure is recognised on an accruals basis as 2 Ilabillty is incLÉrred. Expenditure inctudes any VAT which cannot be fully recovered. and is classlfled under headings of the statement of financial 8clivilies lo which it relates.. expenditure on raising funds includes the costs of all fundraising acliwlies, events. non- ¢haritabl& trading aclivilies, and the sale of donated goods. expenditure on Gharitable activities includes 211 costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of ils beneficiaries, including those support costs and costs relaling lo the governance of the charity apportioned to charitable aclivilies. other expenditure includes all expenditure that is neither related to raising fLtnds for the charity nor pari of its expenditure on charitable aclivilies. All cos15 are allocated lo expenditure categories rp.flecling the use of the resource. Direct costs attributable lo a single activity are allocated directly lo that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consislenl basis. Flnanclal Instruments A financial asset or a financial liability És recognised only when the entity becomes a party lo the contractual provisions of the inslrument. Basic financial instruments are initially recognised at the amount rèceivable or paable including any related transaction costs. unless the arrangement conslilules a financing transaction, where il is recognised al the present value of Ihe future payments discounted at a market rate of interest for a similar debt instrument. Defined ¢ontributlon plans Contributions lo defined contribution plans are reoognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset lo the Èxtent that the prepayment will lead lo a reduction in future payments or a cash refund. When contribLJtions are not expected to be selued wholly within 12 months of th8 end of the reporting date in which the employees render the related service, the liability is measur8d on a discounted present value basis. The unwinding of the discount is recognised as an expense in tha period in which it arises. Llmlted by guarantee The company is registered as a private ¢omp8ny limited by guarantee and rhot having a share capital.
Throughcare Housing & Support Ltd Company Limiled by Guarantee Notes to the Financial Statements fcontlnued) Year ended 30 November 2023 Charitable actlvlties Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Local aulhorilylchildrens Services contract payments 426,834 426.834 401,460 401,460 Expendlture on charitable actlvltles by fund type UnreslTiCted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Activity type 1 Support eosls 165,630 243,346 165,630 243.346 157,153 220,486 157,153 220,486 377,639 408,976 408,976 377,639 Expenditure on charltable activities by activity type Activities undertaken directly Support COSts Total funds 2023 Total fund 2022 Activity type 1 Governance costs 165,630 240,946 2,400 406,576 2,400 376,739 900 165.630 243.346 408,976 377,639 Analysis of support Costs Analysis of support costs activity l Total 2023 Total 2022 Staff costs Premises Communications and IT General office Governance costs 152,813 43,471 9,017 35,645 2,400 243,346 152.813 43.471 9.017 35.645 2,400 243,346 157,989 29,079 10,120 22,398 900 220,486 Independent examln8tlon fees 2023 2022 Fees payable to the independent examiner for.. Independent examination of the financial ststements 2,880 2,880 10
Throughcare Housing & Support Ltd Company Limited by Guarantee Notes to the Financial Statements (eontlnuedj Year ended 30 November 2023 10. Staff costs and emoluments The tot21 staff costs and employee benefits for the reporting period are ar¢alysed as follows.. 2023 2022 Wages and salaries Social security $tS Employer contributions lo pension p12ns 145.221 3.893 3.699 149.758 4.486 3.745 152,813 157.989 The average hoad count of employees during th8 year was 11 {2022.. 10). The 2verage number of full-lime equivalènt employees during the year is analysed as follows= 2023 No 11 2022 No 10 Number of staff No employee recelved employee benefits of more than £60,000 during the year12022.. Nil). 11. Trustee remuneratlon and expenses No employee received remuneration of more than £60,000 during the year. 12. Credltors: amounts falllng due wlthln one year 2023 2022 Bank loans and overdrafts Social security and other taxes Other creditors 25,834 22,273 43.128 91,235 40,876 29,015 33,400 103,291 13. Pensions and other post retirement benefits Defined Contribution plans The amount recognised in income or exper¢diturg as an expense In relallon to defined contribution plans was £3.69912022: £3,745).
Throughcare Housing & Support Ltd Company Limited by Guarantee Notes to the Financial Statements (conllnu6dJ Year ended 30 November 2023 14. Analysls of charltable funds Unrestrfcted funds At 1 December 2 022 At 30 Novembèr 2023 Income Expenditure General funds 1103,29fj1 426,834 1408,976) 185,4331 At 1 December 2 021 Al 30 November 2022 Income Expenditure General funds 1127,1121 401,460 1377,639) 1103.2911 15. Analysls of net assets betwèen funds Unrestricted Total Funds Funds 2023 Current Assets Creditors less than 1 year Net Ilabllltles 5,802 191,2351 185,4331 5,802 191,2351 85,4331 Unrestricted Total Funds Funds 2022 Tangible fixed assets Current Assets Creditors less than l year Net Ilabllltles 103.291 103,291 103.291 103.291 16. Related parties The company was undar the control of Mrs K Kaur {Direclorl, during the current and previous year. 12-
Throughcare Housing & Support Ltd Company Llmited by Guarantee Management Information Year ended 30 November 2023 The followlng pages do not form part of thè financlal statements. 13-
Throughcare Housing & Support Ltd Company Limited by Guarantee Detailed Statement of Financial Activities Year ended 30 November 2023 2023 2022 Income and endowments Charltable actlvltlÈs Local aulhorilylchildrens Setvices contract payments 426,834 401,460 Total Income 426,834 401,460 Expendlture Expendlture on eharllable activities Wages and salaries Employe¢s NIC Pension costs Rent Rates and water Light and heal Repairs and maintenance Insurance Legal and professional fees Telephone Other office costs Property Rentals and Sundries Propèrty repairs and maintenance and Bank Charges 145,221 3,893 3,699 21,835, 7.585 26,508 4,479 26,889 2,400 9,017 244 144,755 12,451 408,976 149,758 4,486 3,745 25,90D 3,744 21,993 4,961 10,889 900 10,120 115 127,702 13,326 377,639 Total expenditure 408,976 377,639 Net Income 17,858 23,821 14-
Throughcare Housing & Support Ltd Company Limited by Guarantee Notes to the Détailed Statement of Financial Activities Year ended 30 November 2023 2023 2022 Expenditure on charitable activitTes Activity type 1 Activlties undertaken dlrectly Direct charitable activity 1 rates & water Direct charitable activity 1 light & heal Direct charitable activity 1 child personal allowances Property rentals paid Property repairs and maintenance 7.585 4.872 4.479 138,053 10,641 3,744 18,814 4,961 118,578 11.056 165,630 157,153 Support costs Support charitable activity 1 wageslsalaries Support charitable activity 1 employerfs NIC Support charilabla adivity 1 pension costs Support charitable activity 1 Office rent Support charitable activity 1 light & heat Support charitable 8clivily 1 insuranc Support charitable 5jclivily 1 telephone Support charitable activity I stationary and postage Support charitable aclivlly 1 sundry expenses Support charitable acllvily 1- bank charges 145,221 3,893 3,699 21,835 21,636 26,889 9,017 244 6,702 1,810 149.f58 4,486 3,745 25,900 3,179 10,889 10,120 115 9,124 2,270 240,946 219.586 Governance costs Govemance costs - accountsncy fees 2,400 900 Expendlture on charltable actlvltles 408,976 377.639