2025-03-31-accounts

+ftifli+y CoryJ*ny R•gi•trthlM Numb•r 06047635 Ch•rity Number 1118222 TRINITY HOMELESS PROJECTS CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

+ftifli+y TRINITY HOMELESS PROJECTS FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CONTENTS Paga Comp8ny Informabon Dlrectors, Report IrKlependent Auditorf$ Roport Ctywlrd8ted Statement of FlnancAal A(aiwties 10 Consoltdated 8alanrA Shèol 11 Company BalAnce Sheet 12 Consolidatsd Cash Flrm Stslement 13 Notes to the Con501idaled Financial St8tsmonts 14

+ftifli+y TRINITY HOMELESS PROJECTS COIAPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 Reglslered Ch8rlty HUm￿r 1118222 Company Numb•r I￿047635 J CanFMJn J Davles (Appointed on 11 November 2024,. Resigned on 24 March 20251 D Jones {Awointe(l on 11 Novemter 20241 R D Kay (Chalrl F Garrod (Resigned 14 June 20241 R Odédra {Vlce Chair) J Shepherd IApp)Inted on 1 t Novemb8r 20241 R Waiie C¢xnpany Secretary S Hedl•y Roglstsr8d Offic• Trinlty Homeless Proiecls Redford House Redford Way Uxbrld9e Mlddlesex UB8 1SZ Ind•pendenl Audlt¢r Dux Advlsory Llmlted Chartered Accountants & Ststutory Audltors Kennel Club House Gatehol￿e Way Aylesbury Buckinghamshlre HP19 8DB Bankers Barclays Bank LeScester. Leicestershire, LE87 288 CAF Bank 25 Klngs Hlll Avenue Klngs Hill West Malling ME19 4JQ CCLA InveBtsnwt K48nog8ment ￿m￿ed The COIF Chanlitrs Deposit Fund P O Box 12892 Dunmow CM6 9DL Page 1124

+ftifli+y TRINITY HOMELESS PROJECTS DIRECTORS. REPORT FOR THE YEAR ENDED 31 MARCH 2(125 The Dire¢torn present thelr consolidated report and financial statsmenls for Trinty Homeless Prolects and Trlnlty Actfvitles for the year ended 31 March 2025. The consolldated fir)andal stateMe￿ts have been prepared in attordance wllh Ihe accountirvJ polirAes seti>ut in note 1 to the finandal statements and ¢omply wlth the charltable company's goveming document, the Companles A 2006 and Accounting aThJ Reportlng by Charftias: Statement of Reo)mmendgJ Pra¢ti¢e applicable io charllles preparfng their financial statements in accordance wlth the Flnan¢4al Reporllng Stsndard applicable in the UK and Republic of IrelaThJ {FRS I￿) as amended for aCc￿￿tIng commewlng fr(￿ 1 January 2019. OWECTIVES AND ACTIVITIE8 Trinity Homeless Projects b a tharitable company limitsd ty guarantee. li was int>)rporated on 10 January 2007.lts maln Obl￿ are to end homel￿ne$S by provtdlrvJ ￿sIng and homeless services for pw4)le al rtsk of ry Sufferfng homelessness. wlth coaGhing and supwrt. PUBLIC BENEFIT In aC￿rdaft¢e wlth the at￿ve obAectives for this year, and wlth due regard to the published Chaiity Commission 9uldance )n the operation of the Public Benefit requlrement of the Charltles Act 2011. the Directors have undertaken approprlate athille5 in furtherance of those alms for the public benefft. This ye8rfs aclfvlbes, atlevwnents and frjture plans are summarlsed below. VOLUNTEERS During the finanoal year there were 35 volunieers who Contr1txrt￿ to the operations of Trinity Homeless ProAecls ITHP) and Trtnlty A￿￿tIeS (TAI. Volunteers at TA were rnainty THP resldents. They volunteergj at either the Hayes or Uxbrklge fumiture shop where Ihey provided cusiomerservices supw)rt, assembled and bulltfumlture and acted as support to driverswho dellvered gotyjs to customers. Total Volunte￿¥. hourswereapproximately 5,128. Volunteers, travel and lunch were relmbutsed at a cost of c£7.3k. Volunteers at THP were a mixtrjre of pm bono c￿1pOrate people and THP resldeots. Their aotivities induded supporbng the maintenance team In gardening. repairs, and painting. Totsl volunteers, h¢xrrs were 3,180. THP re1Mbu￿ed volunteers. travel and lunth at a ¢ost of c£4.2k. Reslllenco This past year has tested every port of our h¢)u$ing and supwrt pathway. Applications are dthvn due to the Instablllty In our local counc41s, landlords are leavlng the secior. Icol rents contlnue to soar, ar￿ the wider housing c¥isis has left many peO￿e trapped in supported a¢¢¢)mmodation far longer than planned. And ye( despite all of thls, wo are moving foThArd. Stablllslng thg Foundations Eafty in the year, our walllng Ilsts and bottlenecks made It feel Ilke we were stsnding still. People were staylng longer, rent arrears were risln9. and the lack of movwn options risked draining morale. So we acted. Through Ilghter referral management. relenlless rentarrears work, and patlent engagemenL we began to tum the ￿mer. By the end ofthe financial year, void levels were on budget, arrears stabilis&J. ar￿ all our key perf￿man￿ Indlcalors were back wlthln tolerance. This has onty been ￿SSIble through recognising that all cbur separate teams are roally one team, and through teamwork. whS¢h roqulres trust and authenticlty, we can achleve our one obled4ve...end ￿melesSness. LIV•8 Changed, Stop by Step An end to hornelessness sounds Ilke 'ple In the Sky.. yel not so long ago rough sleeplng was eradieat¢d withln a fthv days. And yel even without the resources to eff￿1 lotal system change, Trinity holds thls bellef for every person that walks through our door. Throu9houl thSs year our rammunty numbered 1.124 p￿pIe. We hcMJsaJ 526 people thls year. ¥￿th 166 movlng on Foslfvely to iTrJependent lives. At Olymplc House. our 33-bed hostel for people who were 4eeplng rough, 75 people were hou88d and 44 sucKessfvlty moved on despite losing vital mentsl health supportfrom Central and Norlh West London NHS Foundallon Tru$1 ICNWL}. We have negotiated a new lease and a 12-month rKJntractwith the London Borough of Hllllngdon. en$uring this Ilfe4avlng work con￿n￿eS. Page2124

+ftilli+y TRINITY HOMELESS PROJECTS DIRECTORS. REPORT FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) At Riverslde, despite rent arrears and high rnaintenancè costs, the small community is stable 8nd providing a wonderhjl living envlronment for 40 residents. We helped 42 famllles escaping war to setue in Hillingdon. Everyone olthese numbers represents 8 person who now has a door they can lod(, a bed they can sleep in. and hope fortomorrow. Growlng New Pathways We are not stsnding still. In Slough, we have joined the local delivery path8rshlp group overseen by Homeless Link and proposed a second neighbourhood to house 30 more people. We have al￿dY seoured tsvo new six-bed homes, wlth more in negotlation. Our work with asylum seekers 8fKI refugees has expanded through the London Borough of Hillingdon 'Test for Change. programme. 42 /0 of our new resldents in the last quarter of this financ4al year were people recently evlcted from the National Asylum Seeker Service accommodab'on. Th￿Ugh community events wlth Relugees in Effective and Actlve Partnership {REAP) and our Families Team. we helped to make people feel wel￿rne, supported. and safe. Plans are Unde￿aY to open a dedicated house for refugees. Th85e initiatives don't lust creale homes they build hope! Inv•gting In Our Pgopl• Our strength Is our people. 80°A of OUT team took part In our wellbelng programme in Frgn¢e. and feedback re¢dved was ¢)Ve￿h¢IMlngty PD5itive. We have reviewed our 1..1 support and Introduced role evaluations and are openly dlsGusslng pay and value-helping everyone see their worth dearfy. Tralnlng is thriving, having completed our first NLP Prartitioner courses, ensurlng our Coathes are empowered tQ 8¢hieve their own outcomes and help others achieve thelrs. We thrive vthen we are free lo be ourselves- authentlc, when we know our strengths that make us reslll8nt and when we tsust. Flnan¢lal Stabillty. Future Confldence (XTrr finandal posltlon has strengthened dramatically. At the end of Q4. PerfO￿anCe showed a £ 301k surplus, the reserves poli¢y was exceeded by 210/0, and we've seen a £182k Increase In cash Irom the stsrt of the year. Thls finanolal stsblllty Is the platfomi for everythin9 else we do. Trinlty Actlvltlo$ Rlslng Through Iho Challong This year has not been easy. Petsislent gaps in the team. and the daily pressures have b¢¢n f8Et In every part of our operations. At time5. performance dipped and energy fell thin on the ground. Despite the operational strain. our tearn have shown extraordinary dedication. our spirit has not wavered and our results show it. Holding the Line We operate a triple bottom line- environmental, sodal and financial. We have recyded 378 tons of fumiture thi5 year. reduoing emissions through saving 1.021 tons of C02 - equivalent to heatlng 378 houses for a year. We provide low c05t fijmiture for tocal people and fumishing5 fDr Trinity Homeless Projects 100 proper15es. 200h financial contrfbution towards Trinity Homele55 Projects charflable ovethead5. While income was down. careful budgeting me8nt we stsyed on targel overall. We acted swiftly to address issues with GrftAid. van thed(s, and communiGqtions, and they are now fimily back on traL*. Even while focusing on recruitmenL we have kopt our gross surplus and contribution to charity overheads rising. Thls is what resilience looks like, adapting and bellevlng In our abllity to Succeed. M when the odds are stscked against us. Investlng In Our Pooplg We know that Ihe bSgg8St challonge this year has been balancing the wellbeing of the indlvidual wllh the wellbeing of the tsam. When individual members are supported and healthy, the team becomes more reslllenl and produdve, and that collectlve success creates a better envlronment for 8very person to exrEI- a ￿rtuouS drde. However. where sabbaticals, annual leave and $8condments create gaps, these put pressure on the tearn to eA)ntinue to achieve results. Maybe part of the balancing act is to fa¢tor In a reduction in expeGtstion that reflects the redudlon of the team: thereby reduGlng pressure on th¢ team as a whole. This would then be the true cosl of wellbeing. Page 3124

+ftifli+y TRINifi HoMeLess PROJECTS DIRECTORY REP(hgT FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) A Flnan¢lal Foundallon for Gr￿th Operatlonal lurbulene£ has not stopped u$ building financlal strenglh: Cash balance at 31 March 2025 was 2.4 tlmes hlgher than last year. The reseNes was unmet by 4%. helped ty the stratwJlc cancdlation of long-term debt from THP and even after offsetting an earty defioL Trfnlty Aclvllles dosed the year with a surplus of £123k. Our (￿rrent cash remain$ buoyanL gmng us space to rkniit. rttover. and renew. Thls solid fooliThJ gives u$ room to focus what mattets mosL our people. FLITURE PLANS Looking Ahead wllh C¢)uragg The housing crlsls conlnues, movfron options remain xrce, and demand stlll outstslps supply . But we are proving that even in the hardest cArcumstances, progress Is posslble.. people a￿ moving on, properles are being secured. partneTship5 are strengthenlng and most importanUy, lives are thanglng. Th1$ 1$ whatresilience looks like: not ignoring the stonn bul bulldlng stronger shelters wlthln It. Togethw. as the Trlnlty communlty. we are nol just suNivinyrt8 are cxeatlng hopo, home. arKI neN beginnings. Trlnty Activities Looklng Forward Through every challenge. one trulh remains.. what we do changes Ilves. Every lon of fumiture recycled. every item sold, every donation received supports Ihe mlsston of Trinity- endlng homelessness. We ¢xJntinue to develop and leam - customer feedback shows parking issues affect vlslts to the Uxbrldge Store. and Gift Aid bs sllll below target- but we are Ilstenlng. Innovatlng, and adapting. Our wple are our strength, and wlth new rewils joining. renewed energy in our teams, 8nd a stsble finandal base behind us. we are ready to dse hSgher. B￿aUse ofthe unwavering commllment of our people. we a￿ notjust wèatheFlng thls stomi - we are building something stronger beyond IL FINANCIAL ACTMr The consolSdaled Ilnancial statements show a surplus of £301,058 (2024: £18.554 defidt). The Statement of Flnandal A(thities for Trinty Homeless Prolects shows a surplus for the year of £177,844 {2024'. £93.850) and those of Tdnlty Actlvllles show a surplus of £123.21412024: £112,404 defidt) for the year ended 31 March 2025. At 31 Marth 2025, total consolidated frjnds were £2.076.191 (2024: £1.775,1331. RESERVES POLICY The directors have r￿￿eWed the chadtable ￿MpanY'S needs for reserves in line with the guidan¢e is$ued by the Charity Commission. They have estsbllshed a pollGy whereby the free reserves (that Is those reseryes not invested in fixed assets ordeslgnaled and restricted funds} held bythecharltableo)mpanyshould beequal to 12 weeks general yraling ¢osts. Thls equates lo approxlmatety £1.4m in general funds. This has been achieved. Our totsl free reseNes are In excess of £2m and the trustees conslder thSs level of free reserves to be prudent in the light of our hnpendlng dlre investment In affordable housing next year. GOING CONCERN The Trustees have a reasonable expectatlon that the Gharity has adequate resources to ￿nlin￿e in operational exlstence for the foreseeable fvture. For this reason, they conljnue to adopt the going eA)ncem basls in preparlng the finan¢4al 8tatements. Further detalls regarding the adoption of the going concern basls can ￿ found in the aecounting Follcles. RISK REVIEW The Senlor Management Team reviews the Risk M￿gatIon Plan monthty arKI reports to the Board on this quartedy. The key rfsk Is an increase in rent arrears from tenants getting Wofk and a decrease In soc4al l)ouslng from cuts In local counul funding. These are mlugated by allowlng a provision for tenants and er￿xIragIn9 them io move into affordable logafter they find work aNI increasing frJndraising events In order to bg185s Trliant on ¢￿und1 funds. Othw malor rfsks Identlfied are set ¢yJt in the tsble bdow logether wlth the mlttgaung actions taken= Page4124

+ftifli+y TRINITY HOMELESS PROJECTS DIRECTORS. REPORT FOR THE YEAR ENDED 31 MARCH 2025 ICONTINUEDI RISK REVIEW MAJOR R15K ANALYSIS RISK OBJECTIVE AcnoN Prepare for competltlve tenderin8 and or audit A￿K Protect Intensl¥E Housing Dependent on revenue om Enhanced Housing Benefft ManaBemert Dlverslfy Sncome Develop relationshlps with RSLS Invest in property management and coachlng Secure properties within budget Detalled conditlon suryeys NeSghbourhood and Communlty Teams Increased voids and rent Keep arrears and void5 arrears below S% Increasing liability hrough property mana8ement portfolio Increase Capacity in Ilne wlth Browth Take over management of Direct Access hostel Loss of emer8ency housln8 Agree rents with H8 Create TC Develop Homes F￿￿ Agree tem)s of lease Create subsldies in the private sector Develop relatlonships with RSLS Open on time and in budget Achieve 95% No affordable houslng Create affordable houslng Unable to dellver Investment commitments Make Rlverside success occu Malntain liquid. Invest in management function Invest In trainin8 Invest in system mana ement Reputatlonal loss Malntain and enharKe our reputatlon STRUCTURE, GOVERNANCE AND MANAGEMENT The directors of the charitable company. who arg dlreuors for the purposes of company law and tnBtees for the purposes of tharity law, who served durfng the perfod and to date were: J Cannon J Davies14)pointsd on 11 November 2024. Resigned on 24 March 20251 D Jones IApwlnl&il on 11 Novemter 20241 R D Kay (Chalrl F Garrod IRe$lgned 14 June 20241 R Odedra IVKe Chairl J Shep￿Id IAFpJint*J on 11 November 20241) R Waite Page 5124

+ftifli+y TRINiff HOMELESS PROJECTS DIRECTORS. REPORT FOR THE YEAR ENOED 31 MARCH 2025 {CONTINUEDI STRUCTURE, GOVERNANCE AND MANAGEhlENT All the directors must be membets of the company and are tho onty members of the ￿mpanY. Each member ofthe charltable C￿mpanY Is requlred to ¢¢)nthbut6 a maxlmum amount of£1 in the event ofthe charitsble company being liquidated whilst they are a member or wllhln one year of them ¢ea$ing to be a member. The directo￿ have c%￿fiMi8d that they have an awarenes5 and understsndSng of thelr legal responslbllltles as summarised in the NCVO publication, Yhe 12 Essential Board Responsibilities" and their tralning needs are kept under revlthv a¢o)rdingty. The arrallgem￿ts for setting pay and remuneration of the Chief Execuuve are agreed by Ihe trustees and made on an independent pay review basis. At times. Trlnlty finds It beneficial to have relationships wth relaby parties and other tharitable organisations to (£Joperate for thepursuit of its charitable objectives. Whenlhese relationships exisL it is thepolicy of Trinty to havea suitable and appropriate SeNice Level Agreement in place. APPOINTMEpif OF TRUSTEES Under the Arbcles of A8s(KlaOon, the serving directors may appoint additional dlrectors at any tlme a maxlmum number oftwelve aThJ a mlnlmum ofihrge. Trinity usually has elght or nlne Trustees. Eath year iwo Trustees retire by rotallon. The recrultrngnt process is run by the Chalr of Trustees and overw by th¢ Chief EX￿tiVe. The Board klenlfles the skills which it needs wilhin IL and then actively seeks p￿pIe wlth these skllls to apply to become a Trustee of the charfty. Candldates 8re requ1￿ to complete an appllcatlon fomi s8lllng detalls at￿ul themsefves and thelr sultsblllty for Trusteeship. These appllcallons are treated on a confidenual basis. reviewed by the Chair of Trustees and the Chlef Executfv?. and matched against the skills criteria established by the Board. Prospecllve Tnlstees are invited to atteTrJ a number of Board Meetings 0$ an obseNer. The appolntment of a Trustee does r#)t tske effect until they have signed the prescribed Companies House fomi, and the appolnlment of any prospective Tnjstee who has nol don8 80 wlthln one month wlll lapse unlesslhe Board resolves thatthere is good c8use forthe delay. The Company must have a Chair and a Vic&Ch8lr. 80th are to b8 elected by the Board. The Board must deode the period during which Ihey are eath to hokl office and the ￿ciSe wint at whid) their term of office ends. Both the Chair and theVI￿-ChaIT rnay be re-81ected. The Chalrand theVKe-Chalrmay reslgn from their ￿￿)sItIonS atanytimeallhough they may remain asTrustees. DIRECTORS. TRAINING Because poor govemanc* (￿)sts more than leaming to well. the board invests in its wvwnance ￿pacIty. Training and re- training is used to orienl new mgnt¢rs as well a5 inL¥ease exlsting member skills and understanding. Both Chalr arKI Vice-chair receive specific trdining rega￿Illg thairing meetings and the l)oard attend an annual day away. Outside monitoring assistsnce Is also aThanged so that the B(Ydrd can exercise confident c¥)ntrol over organisational perfomiance. induding but not limited to r￿C81 audit. Mechanisms are used to ensure the board's abillty tr) listen lo the ￿ne1kaane5, viewpoints and values. Govemance cDsts are prudent though not at the expense of endangering the developrnent and maintenance of superior capabillty of the board. The dlreclors have delegated the day-to4day management of the charitsble company ￿ Steve Hedley, who provides a wrltten report to each meeting of the directors (held approximately quarterfy) and Is also In regulai ¢ontaGt vthh tJlre¢lors befvleen meetings. Steve Hedley Is supported by a team of senlor directors thal comprises the Dirèctor of Services and the Finance Director. Page 6124

+ftifli+y TRINITY HOMELESS PRfxlECTS DIRECTORV REPORT FOR THEYEAR ENDED 31 MARCH 2025 (CONTINUED) RESPONSIBILITIES OF THE DIRECTORS The DireCt￿S are r&sponsible for preparing the Diredors. Report and Ihe finanaal ststewnents in ac(#)rdance with appllcable law and United Kingdom Accountlng Standards (United Kingdorn Generally A￿ept￿j Acc4)unting Prdctice). The law appltcable to tharilie5 in EnglaTrJ and Wales requires the Dir￿tOrS to prepaTe financial siatwnents for each financtal year, which give a Irue and fair view of the state of affalrs of the charltable (Lwnpany and of the in(x)ming resource5 al￿ application of resources otthecharitable company for that year. In preparing thesefinancial ststernents. the Dlrectors are required to: select sullable accountirvJ poliLies and then apply Ihem ¢onslstenty; obseNe the methods and prlndples in the Charitie5 SORP; Make1￿ements and estlmates that are reasonable and prudent state whether appllcable a¢￿untIng standards have baen followed. subject to any malerfal deparlures d1sc4os￿and explained In the accounts.. and prepare the finanual ststanents on lhegolng￿nc8rn basis unless it is inappropriate to presume thatthe charity will ¢ontlnue In operatlon. The Directors are resFh)nsible for keeping adequate accounting records that disd05e with reasonable a￿UracY at any lime the finandal posibon of the charilable u)mpany and enable them to ensure that the financAal ststements cornply th the Companies Aci 2006. They are also responslble for safeguardlng the assets of the charitable wmpany arKI hence for tsking rnasonable steps for the prevention and dthtion offraud ar)d other irregularitie5. DISCLOSURE OF INFORMATION TO AUDITOR Each of th8 Dlrectors has rA)rEfirmed that there is no informatlon of whlch they are aware which is relevant to the audit. bul of which the 8￿jitor Is unaware. They have further ¢onfimied that they have taken appropriate steps to lden￿fy such relevant Infomialion and to establtsh that the auditor is aware of $u¢h infom)atlon. These finanaal statements have been prepared in accordance wlth the prov155ons applieable to companles subject to the small eompanles. reglmo. BY ORDER OF THE BOARD RedFoTd House Redford Way Uxbrfdge Mlddlesex U88 1SZ S H•dl•y Company Secret*y Date- 3 November 2025 Page 7124

+ftifli+y' TRINITY HOMELESS PROJECTS IMDEPE14DENT AUDITOR? REPORT TO THE MEM8ERS FOR THE YEAR ENDED 31 MARCH 2025 Opln147n We h8ve aLKtiled the financial 5taletnents of Trinity Homeless Projects for the yearnded 31 Mafch 2025 which crynpri5e Consolidated Statemenl of Fin3ncial Adivitss. the Consolidated and Charitable Cornparry Balance Sheets al￿ the COn￿lida1•d Cash Flow Slalemenl and rKAes to the financAI statements, including a summary of ￿gnIficant account￿9 p0￿r￿. The financial rep)Tting frdmework Ikqs been applied in their prep8rydtion Is appllcable Faw and United Kirydom Accounting Standards. Including Financ￿1 RepOrt1￿j Standard 102 The FIn￿da1 Reportiry Standard aPpI￿able in Ilw UK •wl Republk of Ireland (United lQtwJdom Generalfy Accept￿ Am)wllrKJ Pr8calc£l. In our o￿nIOn. the financial statements.. give a true and fair view of thg Btsttr of thè group's and of the parent (aritstye comp8ny's affairs as at 31 March 2025 nd of the group's and parent ch8rilable coMp￿￿S net movement in fvnds. i￿luding the irKome ar¥J expendiiure. for the yearthen ended" . h&ve I￿n property prepared In ar£orda￿e wlth Kwigdom Generally Ntteptsd Accounttng Practse.. arbJ • have been w8pared in ￿rd3￿% with the reqUi￿ents ofthe Ccwnpaniès kt 2006. B¥51s for t)plnlon We cor￿uCted our audit in aCcordar￿£ wrfh Intefft3tional Standards on Auditsna IUKI IISAS IUKI) and appkable law. Our r¢sponsib114ties under those stsndards a￿ flthr described in ihe responsibilities for the audit of the ffinan¢ial tements section of our report. We are independent of the group H) acA)rdancE with the ethThl Tequirernents that grè r•lèvant to our audfi of the finarri81 st8lemenis in the UK. i￿ludIr￿￿ the FRC'S Ethtcal Standard, and we hBve fulfilled our olh¢r 8thlcal responslbllltles in aCcO￿￿te vrilh requirements. Wè ￿lieve that the audit evkjence we have Ob￿￿￿11 is $uffi¢lent arKI approprlale to prowdp a basig for our oplnlon. C)n¢luslons rolatlng to golng concem In audlilng the fi￿n¢la1 Statements, vo havo concluded that the dlrrtt0￿, U88 of Ihe sKJir¥J concem basks of accountin9 Pl th¥ preparnlon ol Ihe financial stat?mgnts 1$ opprowlate. 88sed on the work we have perfomed. wg hov• Ident￿led any matdal u￿￿rtaIntieS relating lo even15 or conditton$ th8t. Indlvwualty or collectwely, may ¢8$1 signrftant doubt on the group's abllty to continue as s going cor￿eM for 8 of ai least ￿efve monttr￿ from whgn Ihg fing￿191 slatements are arthorfsed for L8sue. Our respon5ibilthe3 and thg responslbllmles ol the deC￿T$ wNh rnsppA to going concem ale describ￿1 in Ihe rn1gV8nt sectlons of Ihis reForL Other Informallun The oiher infomiation cornpris¢$ Iho infomialbn Included in the annual rewrt. other thon the financial stst¢m&nts 8nd our audltorfs report thereon. The dirgctors gre responslble for the other Infom)albn. Our ownion on the fin8n¢l ststgmènts does not cover the other inform8tion except to the exient Othe￿Ise explktuy stated in our rep)rt, we do rKtrt exyass any of 8ssurart¢e ¢ondu$ion thereon. In connectitin wlth our audll of finarKial st8lements, ¢ur resrKJnsibillty Is to read the other iTrformation and. In dolng so, consider whether the otsr information is materialty ifiwnsstenl with the rinancial statements or our knowledge oblained in the audit or oth¢rwKs¢ 4ppe8rs to be malerially misstaled. If we identrfy such material incon$ist•n¢18¥ or apparent material misstatements. we atE iequired to deteJmim Whetr￿rth8r¥ Is a Mate￿al misstiitemenl in the financigl statements ora material mi5slateTnent of Ihe other infomiation. If, based on th&work we have perfO￿ed. we conclude that there Is a materfal misstalement of this other infomiation. we are required lo rel￿ that fact. We have nothing lo rnport in this regard. Oplnlons offt othw matt•rs prescrfbed by the cOTrp￿1eS Art 2006 In owopinion. ba$8d on the wort underlaken in the course of the aLKIit.' th8 information gtven In the directors. repNi for thg financial year lor which the financial ststemerts gre wepwed is conthtènt with the flnarKial statemenls; and the dire&or3' ￿FQrt has been prepared in ￿)[dan￿￿ wilh appficth legal Tequirwnents. Maltws on whlrh we aTe required to rop(rt by •xceptlc In the light Df knowledge and understsndiry of ihè wp and the parent Charita￿ company snd its envlronment obtsined in the o)urse of the audit. ¥￿ havè not idenlffied material misstatements in the directors. reFort. We have nothing to report in respect of foll¢)vAng matters in relation to which C￿PanieS Acl 2008 requires us to report to you rf. in our oynion.. 8dequ8te accountiThJ reojrds have rv)t been kwt by the parent ctharit8bl8 ¢omp3ny'. or the parenl charitable company ffinanctal ststements are not in agreement wth the ￿cOuntir￿ reMrd$ And relurns" or certain disclosures of directo¥s' remunèration specified by law are not made., or we have not rec&wed all the InforTn81ion 8rKI explan8tv)ns we require for our audit.. or the dlrectors were not enlitled lo wepare the fIr￿￿la1 statements in xcordance with small ¢ompanles' reglme 8nd take advantage of the small comp3ni98' ¢x¢mplNyis In pre￿ng the directoTr' ffjF<rt •nd Irom the requlrement to prepare a straleglG report. Page8124

+Oifli+y' TRINrrY HOMELESS PROJECTS INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED Re#pon$ibilitl8s of dlrectors As expl8lned more fully in Ihe directors. rttsponsibElltles slalement set c4j1￿ page 6, the directors are responsible for preparation of th• flnanclal statements and for teiny satisfied Ihat they glve a true and fair view, and for such iniemal conirol aslhe diro¢tors deteThine 15 necessary lo enablè the preparation of financlal s18lementsthat are freefrorn material misstatement, w￿ther due to fraud or elror. In preparing the firtan¢lal statements, the direc10￿ are rosponsible for assessing the group's and the parent charitable ccrfnpany's ability to continue as a going concwn, dlscloslng. as applicable, matters ￿lated to going concem and using the going cor￿e￿ basis of accounting unlv35 Ihp directors either intend to liquidate the company OT to cease operations or have Th) realistic aM8mative but to do so. Audllorfs rnspon6lbllltlo8 for the audlt of the Ilnancial 8tat•monts Our otyectives are io oblain reasonable assurance abDUt whether th& financial statements as a Ythole a￿ Iree from material misstatement, whether due to fraud or error, and to issue an audil0rf5 report that indudes our opinion. Reasonable assurancè is a hlgh level of assurance but is not a guarantee that an 3udit Conducted in accordance with ISAS (UK) will aknys dètect a material misstatement wlw it exlsts. Misstaternenls can 8rise from fraLBJ or erTor a￿1 are considered malerial ff, individually or in the aggregale, t￿Y couhj reasonabty be eypected to influence the eojnomic decisic￿S of users laken on Ihe basis of these financial statamenis. Irtegularib"es, I￿luding frdud, are InstatKes of non-compliarK8 With laws and regulations. We de￿gn procedffts in lth with our responsibiliiies, outlined a￿Ve. to detect malerial misst8lements In respect of lrregul8ri￿s. irKluth"ng fraud. Thg t￿nt to which our procedures are capable of deleclirfj iffegularltles, ￿￿uding fraud is detailed below: Bassd on our understanding of the group ond the environment In whkh il operates, we idenlffi?d that thè pr#i¢Spal rlsks of non-compliance wilh laws and regulatKJns related lo sorAal houslng. safeguardlng, employment and heath and safety regulations and charity law. and w8 considered the exlenl lo which nort-cornpliance rnight have 8 matgrial èff8¢1 on the financial slat6ments. We also consldered those laws and regulalions that have a direct impact on thg pwpgration of tho financial Statements such as include th& Componies Act 2006 and thg Charibes Acl 2011, and consid9￿d other fa¢lors such 8$ in¢om• lax. payTolI tax and sales tax. We gvalual8d management's Incontive5 and opportunltles for fraudulent manipulali¢n of the fln?￿￿1 statsments (including rlsk of override of ￿ntrol81. ALJIt Procedures perfom)od by the engagement team in¢lu(19d: Inspecilng correspondence with regulolors and aLthoii11oS'. Dlswsstons wlh managom¢nl includlng cortslderation of kntywn or Susk￿￿ed Instances of non-compllance whh laws and regulation and fraud., Evalualln9 management's conirols desIg￿d to prevent and delect I￿agUlaritieS.. Idenlrfylng And testlng joumals., and Challenglng a￿UMpt￿)nS and judgemenls made by management in thoir Wiuntlng estimat&s Assessment of identmed fraud risk factors.. Perfoffning 8nalytl¢al procedures to tdentfy #ny unusual or unexpethd re1811onshlps. including related party tr8nsactiO￿, Ihat may Indicate risks of malerigl mlssialement due to fra￿1,, Confimation of related parties wilh managemènt, and review of IransactiDn$ Ihroughoul the period to idèntfy any prèwtiu81y undl8closed transactions with rèl¥lo11 pariles outside the normal couw of buslness., and Reading minutes of mèetings of ihosè Charged ￿th govern8￿e. Because of the inherènt limit8tions of an audit. there Is a risk that we will not detgci all Irregularliies, including Ihose leadlng to a material mi55tstem•nt in the financial statements or non￿MplianCe with regulation. Thls risk Increases the more ihat compliance with a law or regulation is removed frtwn the events and transadions refflected in the financial s&tements. as we will bp le85 likèly to become aware of instances of nOn<ompliar￿e. Th8 risk is also gr&er regardirrfj I￿gUlaritIeS occurring due to fraud rather Ihan error. as involves intentional conc88lment. forgery. Coll￿10n. omisston or misrepresentstion. A further descriptton Df our rè5ponsibilltles for the audit of the fin0￿la1 siatements is located on the Financial Reporting Council's website at.. www.frc.org.uklauditOTsresponsibilrties. This description fom$ part of our audiiof s report. Uae of our report This report is made solely lo th8 CDmpany's membeTS. 85 a bcKly. in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to th8 company's members those matters we are required lo state to them In an ALKlitorfs report aThJ for no oiher purpllse. To the fullest extenl perniiited ty law. we do not accept or assume responsbility lo anyone olher than ihe company artd the companls members as body. forour audit work, for this rewrt. or for the opinions we have fomied. Jame$ Foskett FCA (Senior Slalutory Auditor) Kennel Club House Gatehouse Woy. AyleS￿ry Buckinghgmshlre HP19 8DB For and on behalf of Dux Advi80ry Limttfjd Page9124

+Qifli+y TRINrrY HOMELESS PRCAIECTS CONSOLIDATED STATEMENT OF FINANCIAL ACTMTIES (Including Income and Expenditu￿ account) FOR THE YEAR ENDED 31 MARCH 2025 Totsl Funds 2025 Totul Funds 2024 Unre￿rfrt¢d Funds Unrestricted Funds Notè Income from: Donations and similar income ¢tlvltlesJorgenerntlng Tr￿ling activities Investmeni Income and interest Income from charitable actlvltles Total Income 77,853 77.853 94,823 620,911 851 620,911 851 5.201.635 5.901.250 642,035 642.035 5,201,635 SJOi250 4,602,342 4,602.342 5,340,548 5,340,548 ExpÈnditurn on: RolslnqAunds AdvertisiThg ,577 8.577 6.867 6.867 tharltablè activltle5 Charitable expendlture Tolal Expendlture 5.591.615 5.6(Ml,192 5.591.615 5.600.192 5,352.235 5,359.102 5,352,235 5.359.102 Nèt income 301,058 301,058 { 18,SS4) 118,554 J Net mo*ment In fvnd5 301,058 301,058 118.SS4) 118,554) Reconclllallon of funds: Balance brought forward per 2024: Prior year restatement li 1.775,133 1,775.133 1,888,687 1,888,687 195,IXXI) f95.LXklJ B•lan¢e forward li 2P76.191 U176,191 1,775,133 1,775,133 There were no recognised gains or k)sses other than the result for the year. All operauons Glassed as contlnulng. The notes numberod 1 to 18 fomi part of these flnan¢lal 8tat•ments. Page 10124

+Rifli+y TRINITY HOMELESS PROJECTS CONSOUDATED BALANCE SHEET AT 31 MARCH 2025 2024 Fkyed Assets Tan8ibleAssets 4,047A61 4,147,358 Cutr4nt A•••ts Debtors and prepayments Cash * bank and in hand 724,039 1079 743 1.803,782 478.842 897,363 t,482.223 496,325 Credlt4x8: Amount• falllng du• wlthln on¢ year Not Current Asgets 1,324.940 985,&98 Credltor¥: Amounts f8lling du• aftèr cno ygar 10 13.296,610) {3,35a 723J 2,076,191 1.775, 133 Capltal and Rmerm Unrestrfcted Funds General Funds Deslgnated Funds Tot41 Fund$ 11. 12 11. 12 1.692.204 1,563.874 2 076.191 1775.133 These finan¢i41 slalements hav8 been prepared in aC￿rdance bmth the speual prov1s1o￿ for small companies under Part 15 of the Companies ACX 2006. These financial 51atemenls w8m 8Lrthorfsed and approved for Issue by the dlrectors on 3rd November 2025 and are signed on their behalf by: R D Kay- Dlrector and TrLBtee Compgny ￿. 06047635 Page 11 124

+ftilli+y' TRINiff HOMELESS PROJECTS COMPANY BALAMCE SHEEr AT 31 MARCH 2025 Note 2024 Tan8ibleAssets 4,040,630 4133.112 CurI￿t Assots Dabtors and prepayments Long tem) Deblors Cash at bank and ￿ h￿￿ 925.448 53&132 164,240 724,574 1.426.946 461.204 1,595.621 421 069 Crfjdltors: Amounts falllng du• wlthln on• y N•t Curr•nt A8Sots 1.174.$52 96& 742 Credltorn: Amounts falllng du• •ft•r onè y 10 13.296.610) 358, 123) Nèt Assets 1.918.572 1,740, 731 Capltal and Re8eN•s Unrestrkled Funds General Funds Dwnatad Funds Totsl Fund• 11, 12 11. 12 1.541.437 377.135 1,918,W2 1,529,472 211,259 1 740 731 These finan(¥al st#t¢mwts have been prepared in accordance with the 8p¢do1 P￿s1OnS for small ¢*mpanies under Part 15 of the Companies Act 2￿. The3e financial 51atements were authorised and 8pprove(l Issue by the directors on ￿ November 2025 and are Signed on thelr behalf by. R D Kay- Director ¥nd Trust88 Company Tr?. 06047635 Page 12124

+ftifli+y TRINrrY HOMELESS PROJECTS CONSOLIDATED CASHFLOW 8TATEMEKr FOR THE YEAR ENDED 31 MARCH 2025 2024 ¢•sh fl4)wg from opera￿n9 actlvlll Ca•h ￿￿•r0￿ from oporatlons 271.969 In¥￿tIng actlvlllos I￿.927} (133, 178J Pur¢h8se of tanglble fixed assets knlerest Nèt cash g•nerated fromlluwd Inl Inves￿rt9 activiti 851 21.076 1,348 731,830 Flnon¢lng B¢tlvitl•8 New borrwings Repayment of b¢xrowng8 Nel ¢a8h ua8d in flnaneing a¢tlvltles 3.3S8,128 3,387,511 61.513 61,513 N•t Increase In cagh and cash aqulvl•nts 181380 21,376 Ca#h and cath •qulvalents at tho boolnnlng of the yur 897.383 875,987 Ca•h ¢•th •qulvalents at the ond of tho year 1,079.743 897,363 RECONCILIATION OFNET MOVEMENT IN FUNDS 2025 2Q24 Surplus forthe year 301,058 (18.554) Adjuslments for. Depreciation Charges Investment Income Disposal of fixed assets {In¢reaselldecrease In trade debtors and other recefvables (Decreaselllncrease in trade ¢￿dItOrS and other payables 128.424 (851) 121,602 (1,348) 2,555 8,194 70,145 1139,179) 117,483) Nel cash from operatlng actlvltles 271.969 182,594 Analysis of cash and cash equlvalents 2025 2024 Cash at bank and in hand 897,363 875.987 Cash inflowllouttlowl during the year 181380 21.376 Total cash and cash equivalents 1,079,743 897,363 The nots8 nurnbér•d 1 to 17 forni part of those financial 5ts1ements. Page 13124

+ftifli+y' TRINITY HOMELESS PROJECTS NOTES TO ThE CONSOUDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POUCIES Chafbty informatlon Trinity Homeless Projecls 1$ a Charitable ￿panY Ilmlted by guarantee incorporated in England and Wales. The address of the registered Offi￿ is given on the legal administrative Information page. The naiure of the chariVs O￿tiOnS and principal aclivilies are to end hOmel￿SnesS by providing housing and homeless s￿le8& for people at risk of or suffering homelessness. vocational and skills tralning. cx>aching arKI 5UPPOrt. al AccouDting wiv8nlk•n The financial statements have been prepared in aC￿rdance bwlh the charitable company's governing d¢xumenL the Companie5 Act 21x16 and 'AccAwnting arKI Reporting by Charibes.. Ststement of Recomrnendd Practi appli(able to charibes preparing their attounts in accordan￿ wilh the Financial ReF4Jrting Stsndard applicable in the UK and Republicof Ireland (FRS 1021" {asamended forattounUrvJ pertods commencArrfJ Irom 1 January 2019). The charliable company is a Public Benefit Entity as defined by FRS 102. The ffinandal slatsments are prepared on a going concem basls under the historical c05t convenlion. modffied to include certain items atfair value. Thefinandal statements are presented in stedin9 which is thefunctlonal currenGy of the charfty and rDunded to the nearesi £ The slgnlficantaccounting PDli¢ies applied in the preparallon ofthose finanrAal stateTnents are set oul beknv. These pollcles have been (y)nsisiendy applied to all years presented unless otherwise stated. b) GolnB cM¢¢m At the fjme of approving the finandal ststemenls, the Dir¥tors have a reasonable expeclation that the tharitsble company has adequate resources to continue in operatlonal exlstenGe for the forèseeable future. There are no fundamental uncertainties about the charlvs ablllty to ￿ntinUe as a going concem. Thus, the Dlrfj¢tors conlSnue lo adopt the going concem basis of aoc(Junting in preparing the financSal statements. c) Income Inc£¢me Is recognis&J in the period in which the charftable ￿mPanY is legally entltled to the Incnme. is more likely than not to be received and the amount can be quanlified with reasonable accuracy. Grants from govemmenl and other agenaes have been included as incomlng resources from charilable activities where these amount to a Contra￿ for servicEs. Donations are the amount where the money is gNen in response to an appeal or with greater freedom of use. Rent and Houslng Benefits have been induded as Incme from charftable acbvities and income is re￿gnISed vthen the group is legally entitled to it. Gifts donated for resale are induded as inrK)me when they are 501d. No amounts are includ&d In the ￿nS011da￿j financial slatements for swvices donated by volunteers. Other gifts in kind are included at thelr &imated value to the group atthetime of reGeipL Tumover is measured at Ihe fair value of the consideration Fe(ived or receivable and represents am￿nts recivablefor goods and Servi￿ provid￿ in the nomial course of iKJsiness. d) Expgndllw• Expendiiure is actrunted for on an accrual basis. irtluding VAT. wher8 thls canrK)t be recovered. Certain expendlture dire¢ty attributable to speafic 8Ctivibes arrfl has been allocaied to those cost categorles. Where these ￿sts are attributable to more than one actlvty, they have been apporboned to the indlvklual acDvlties on the basis of the tlme spent by staff on matters Tr18tir¥J to those activllies. Central support costs have been allocated on the basss of ￿$¢u￿ used and have be8n apportioned to the ¢ost centres of fvndralslThJ and publicty. iThJividual projects wrthln charftable expeThJiture govemance costs in accordance with the requirements of the SORP. Goveman¢e cLJsts induded within charitable actlvltles comprlse all ¢￿sts relatlng to the public aocountsbilty of the group and Its c￿MplIanCe wllh regulation and good practice. These costs Indude ￿$t$ rel*irrfJto thè stabjtory audll. Page 14124

+Rifli+y TRINITY HOMELESS PROJECTS MOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 MARCH 2025 (CONTINUED) •) T•nglbl• Flx•d Assets Tangible fixed assets are Inlually measured at cost and subsequw¢tly measured al cost or valualon. net ofdepreciation and any impalmient losses. Depre(aation is calculated to write off the cost of an asse( less Its estimated residual value, over the useful e(¥)nornic life of that asset asfollows: Land Building Computw equipment Motor vehides Fumllure & fitrings Leasehold Improvements - Nil deprecaalion - 50 years straight line - 25•￿ straight Ilne - 25 /• Straight line - eventy over 8 years - evenly over the remalnlng temi of the lease Items of equIpm￿t are only capitallsed where the purthase prioe exceed$ £1,000. Cash and •qulvalents Cash and cash equivalents indude cash In hand, deposits held atixll wlth banks, other short-tem liquid Invesknents and original maturities of three months OT less. ul Dabt4)rs Trade and other debtors are remgnised at the settlement amounl. Prepayments are valued al the amount prepaid. h) Uablll¢l•• and provlslong Llablllties are rec¥)gni$ed when there Ss an obligation at the bal8n¢e sheet date of a past event. It Is probable that a transfer of economlc benefit wlll be required In seluernent. and the amount of thè setuement can be estimated reliably. Liabilities are reo)gnlsed al the amount the Charity anticlpalesll w511 pay to settle the debt or the amount it has re¢eived as advanced payments for the goods or services it mLb$l provlde. P￿SlOn$ are measured at th& best estlmate of th8 amounts required to setue the obligation. i) Operntlng lo•4• •9r•ements Renials appllcable to operating leases, where substsntlally all of the benefit8 and rfsks of ownership remain wlth thelessor, are charged agalnst inwme on a straight line basls over the period of the lease. J) PeTholons The charitable company o)nlribules to the personal pensions of certaln employegs. The charitsble company also operates a defined contribution penslon scheme for all members of staff. The assets of the s¢hem88 are held separately from those of the charileble company In Independently administered funds. The annual oontributions pal¢J to both s¢hemes are charged against inoome. in theyear to whlch they relate. kl Developm4rt IDan Trinity Homeless Prole¢ts recelved a d8V8lopmenl loan of £3.2m from Soclal and Sustainable Capital ISASC) In November 2021 ft>r the refurbSshment of a hotel {Rlversldel that was converted to 41 affordable sludlo fla15. The loan was refinanced irb November 2023, and ihe interest rate was 6.1Vh fixed for five years. The108n value at 31 March 2025 was £3.296.610. The loan is on a repayment basis. sts￿ng from financlal year 2022-23, the bulldlng is depreoated over 50 years on a straighl-line basis. l) Employoe benellt¥ The oisl of any unused hollday enJllement is rec4Jgni*d in the perfod In whlch Ihe employees, service is recelved. Tem)Inatl¢)n benefits are recognlsed Imm8dbatdy as an expense when the charitsble company is demonstrabty commltted to teminallng Ihe employment ofan employee orto provide te￿ninatIon benefits. Page 15124

+ftifli+y TRINITY HOMELESS PROJECtS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) m) Tax status The charftable wmpany 1$ a registered charfty wlthln the definilions of ￿tion 50611} Income and Corporatlon Taxes Act 1988 and therefore it is not assessable to corporatlon tsx on any surplus tharitable funds. ) Funds a¢¢ountlno Funds held by the group are: UnresiriciedgeneTulfvnd¥- these are funds whlch (an be used in alvjrdan￿ with the charftsble oblects at Ihe discretion of the directors. Designatsdfithds-the5e are funds sel aside by the diredots out of unreslricted general fvnds for specific future purposes or projects. The directors make transfers belween lunds vrtjen expenditure of a restsicted nature is to be from more than one type of fund. The maximum level of these transfers is agreed bylhe direciors prii>r to the expendilure. The nature and purpose of each lund Is explained further In the notes to the (¥Jnsolid81e(l financ¥al statements. o) Judgements and key sour¢•s of ostlmatlon vncertalnty Estimates and judgements are l￿tinUallY evaIl￿ and are based on historical experlence and oiher factors that are believed to be r&asonable under the circumstances. There are no significant estlmatss and judgements used in the preparation ofthese financyal statements. INCOME FROII CHARITABLE ACTMTIES Totsl Funds 2025 UnrestriG*$ Unr•61rl¢t•d Funds Funds 2024 Funds Gran1$ & Contracts Housing Benefits ¥nd Rgnl 613,896 613.896 4,053,196 4,053.196 534,543 534,S43 582.879 582,879 3.697,564 3,59T,564 421.899 421,899 5201.635 5201,635 4.602.342 4.602.342 cHAR￿ABLE EXPENDITURE Total Funds 2025 Total Funds Support Dlr•ctcosts DI￿¢tC03ts Supptsrtcosts Staff costs Mothriumlrocosts Pr¢)perty EvEntcosts Shop costs Insurance Trainingand recruitsneffl Offte c05t5 Matheting Depreclauon BaThkcharges & iMere51 Othei costs Govemance costs 1336.994 3&915 2224276 4789 73￿61 53J46 63272 1.930.994 36.915 2.224276 1,871.3 1.871a79 2.291.937 2.376 65276 4&095 70.1&5 54476 11275 8.290 113.312 194367 &870 43a234 &7280 81167 2291.937 2376 65276 4&095 70,135 5&476 11275 121.602 208237 522,514 3Z167 73.$61 7.016 121A08 3.032 20Q834 80￿59 7￿028 31a59 JiA59 682.170 S354.957 2x658 5.591.615 &114.6Q6 237.629 &352235 Page 16124

+ftifli+y TRINITY HOMELESS PROJECTS NOTES TO THE CONSOUDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) NET INCOMEIIEXPENDITUREI Thls is stated after charging: 2025 2024 Pa￿￿nts Lryl¢roperatir¥J f8aS•S Dèpreeiation 1A98.077 1,537,816 128A24 121,602 A￿jI￿r5.f88Y'. Aujit 31388 51.826 STAFF COSTS 2025 2024 Wages and salaries Social Security costs Pension expense 1,714,785 176,820 45,389 1.651.831 162. 009 57,539 1,936,994 1,871.379 Ex4ratia payment of £NS1 was made in ths year to members of staff foll¢)wirg their red￿dancY (2024.. £43,333). average nL¥nber of staff employed durir¥J thè year was 47 12024.. 451. nLwrthr of employees wtrr)se employee benefrts {eXdLKlI￿ employer pènsion ¢))Sts) exceeiled £60.0Tr) werf: Group 2025 Group 2024 In tF* band £60.001- £70,000 In th8 band £70.001 - £80,000 In the band £80,001- £90,000 In the band £90,001- £100,000 The￿ was no remuneration for directors In the year to 31 Marth 2025 (2024.. £Nil). During the year remuneratlon to key management totslled £287,472 (2024: £344,227). Page 17124

+Rifli+y TRINiff HOMELESS PROJECVJ NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED FIXED ASSETS Land and Leathold Bulldlng ImproN*mont8 Motor FUrnI￿re V•hld•s and Flttlngs Equlpmont Totsl Group Cost or valu•tlgn A 1 April 2024 Pdditions 4.2&3.9CiI 1.023 81.402 4,970 29.280 19,019 21.740 3.288 51,980 4418,302 627 21927 At 31 MArch 2025 4234.923 84372 299 52.8(17 4447,229 D•pr•datlon At 1 ￿ri12024 Chargo lor the ytar 155,482 104.271 64.125 8.876 12,703 1,758 32,179 270,944 5.696 128,424 7.823 At 31 Marth 202$ 259,753 71001 14278 14461 37,875 399,3e8 At 31 Il•rGh 2025 1975,170 xo 10.$67 14732 4047,861 AI 37 Mweij 2Wd4 4.078.418 17,277 22.825 9.037 4,147,358 Land Le•whold Bulldlng Improv¢monts Motor Fumltur• IT V•hI¢1￿ And Flttlngs Equlpment Total Company Cost or valu¥tlon At 1 ￿ri12024 ditk?ns 4.2&3.gC 1.023 31637 4,970 24,9￿) 19,019 11,143 3,288 51,980 4355,$60 At 31 Maych 2025 4.2¥923 31607 41919 14.431 52 607 438W7 Dèpr•datlon At I hpril 2024 Charge for the year 155,482 104.271 30.607 1.660 2,075 7,823 2,1C 1,758 32,178 222,448 5,697 I￿,409 At 31 Mw¢h 202S 259,753 31467 3,B64 37.875 343,857 Al 31 llavth 2025 3,975,170 140 34021 10,567 732 AI 31 IAar¢fv 2024 4078418 3.030 a825 9,037 19.802 4, 134112 Page 18124

+ftifli+y TRINITY HOMELESS PROJECTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) DEBTORS Group 2025 Company 202S Group 2024 C(ynpany 2024 Trth dd)tors Prepayments Other debtors Accrued Income Amounts due from rdated undertakings 135.286 233.349 163AS0 191,954 115,240 226.240 97,273 191.954 294.741 40.653 225,909 750,966 767,332 22.075 220,590 97.519 167,332 30.616 724.039 925,448 584,860 538, 132 LONfyTERM DEBTORS (COMPANY ONLY) 2025 2024 Trinty ACtI￿leS On 2nd August 2010, the dlrectors ol Trinity A¢tThribas and Trth￿Y Homel&sB Projects. tho parant company. agreèd io ¢onwrt Ihg inter¢ompany balance betsyeen the two ¢haritabl• companies al thai dat& Into a long term interest fr90 loan. Th¢ ropaymènt tenns of the loan 8re for repayThents to be madg in èqual annual Instalment5 owr a period of 27 ￿arS from 31 Ma￿h 2014. On the 24th March 2025, the Board ol Diraetors of TrIn￿Y Homeless Proje¢ts agr4•d lo wrtte off the outstandin9108n balanc of £164.240 to Trinity klMtie¥. Tho Board ol DIrectO￿ of Trinty Homeless Projects are 53tiBfied Ih8t tha Charitable oblects of Trfnliy ActiNiiiss allgn wlth Trfnily Homg1955 Projècts gnd that wrftlng off the loan i¥ in thè best Interest ol the Charit8ble Group. Tho amounts reeeivable 01 the year end are as follows: Oebtors morè than oné ￿ar 2025 2024 Due wfthln 1 year uewithin 2-5 years Due aftersyears 10,265 41060 li 915 164,24Q Page 19124

+ftifli+y TRINrrY HOMELESS PROJECTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMEiirs FOR THE YEAR ENDED 31 MARCH 2025 (COIffiNUED) cRED￿ORS. Amounts falllng the wlthln one ye•r Group 2025 Company 2025 Group 2024 Compony 2024 Trade credltor5 Taxes and Social Security Accrua15 and deferred Income Pension 156 42.935 271A121 150,661 35,374 227,787 7247 190,340 39,148 243,786 23,051 184,906 31,828 225,748 18,722 47&842 421,069 461,204 10. CREDITORS: Amounts falllng due after one year Gr￿P 2025 Company Group 2024 Company 2024 Loan 3,296,610 3,296,610 3,358,123 3.358.123 Amount repayable within Due wlthln l year Due wlthin 2-5 years Due after 5 years 264,613 1,058,970 1,973,027 264,613 1,058.970 1.973,027 264,613 1.058,970 2,034,540 264,613 1,058,970 2.034.S40 3296.610 3,296,610 3,358,123 3.358,123 Rl¥ersid¢ Apartm￿ Is the securfty of the lo•n. Se• accountlng pollty notè 11 kfor mor• Informatlon. In relotton to the bjildiny WO￿ al Rlverskle. Ihere was an aLrth¢xised 8nd rthr8caed for capiial cc#nmltment of £NII 8131 March 2025 12024= £Nill. There were no conlingent liablllties 8131 March 2025 {2024- £Nil). Page 20124

+ftifli+y TRINITY HOMELESS PRIXIECTS NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 202S {CONTINUEDI 11. MOVEMENT OF FUNDS Balanc• at 31 Tran8fer6 2025 A￿1 2024 InGom• ExpBndlturn Group Deslgnaled Fund¥ A5hlgy Copse Captt81 fund-fkns assets HLwneles5fundrai5hg Sfftking Fvn 90.924 2&th6 1.29SI 91970 47,625 n,691 125,103 219.073 211.259 172.728 381987 Genornl Funds &gD1.250 5,600.192 172,728 1.691204 rotsl Fund8 1,775.133 S,￿1.260 &600.1921 1071191 8alanc• •t 31 Tran8f8r4 M#¢h 2025 Awll 2￿24 IfKom• Exp•ndltur• Company D88lgnated Funds Ashley Copsè C8pttal fun(t-tixed 856Bts Hcfflele5sfvndrth￿9 S￿kIng Fund 90,924 24,903 40,657 94, 133 125.319 219.452 211,269 16876 377.135 G•n•r31 Funds 1,529.412 5.114073 4937.032 1165,8761 1.541.437 Total Fund¥ f,740.731 5.114873 4937.032 1.91&572 B￿an￿o¢ 31 Tr8nth Mw¢h 2024 2023 InGGy￿ Expwtrllwe Desfwae8dFurrf8 Ashl8yCtwe G8pII luTrMxeda$8ets Homelossfunthisrng sIn￿F￿All 90,924 2&066 1.299 6a 159 90,924 24oe6 33.811 177.448 33.811 211,259 G￿91￿lFun￿s 1.618.239 &340,548 5.359. 1 33,811 1,563,874 Tof81 FLtnds 1793.687 &340,548 1 77& 133 e•lonL8f 31 2023 Inc(Th E%￿n¢I￿8 Translers Mw¢h 2024 0￿gnS1O￿FvLWjS Asfleyctye C8pll81 lurt141x6d88$8ts Huneles*fun&alsfng SlnklngFunLI 924 24.903 1,299 60.322 90,924 24,￿3 1,299 94,133 33.811 17T.448 211,259 Gew8lFund8 4,fW.226 33,811 T¢f41 FUAIS 1,646,081 4 694.076 4.W,226 Page 21124

+ftifli+y' TRINITY HOMELESS PROJECTS NOTES TO THE CONSOLIDATED HNANCIAL STATEAIENTS FOR THE YEAR ENDED 31 MARCH 20251CONTINUED} 11. MOVEMENT OF FUNDS AThky Copse.n Depab))art of Healh n￿de a Caplal 9rant of £193,152 In 1987 5ethon 64 of ￿ Pth HethAct 1968 to the Coke Hole Tnrt a regLatrd, a registwed (hartybyhlth rfwged In 1999 wf(h Br￿e$ Intémational timtsj whlth, In tum, was tn over byYthII th￿￿an Centres th 2{￿￿. The de￿gnated fuThJ comprisesof 50% ts grant as4grd to Trknity HomelÈ Proieds upon dtrmwwfrorn Yeklal Ceths. The purp￿ of the grant W￿10 exteTrJ thÈ residential rehabth&w)n certh fordrL¥J mlwsei& WhilstthÈ grant L8 potentlally rep•, the ty￿£t5 are ofthe opirnonthat thts Is ￿lIkety the oftkne and t)n ts baof Lts c0rre5p0ThYen￿ v+ith the reknnt Go%rrpmenl departmenL Capknl ￿j[¥J.n ￿pTe$￿tsthe net l￿kvaluE of as￿oWned by￿ pawt coM￿Y. net ofthevd￿ ofarry fixed Homeless FU￿raL￿n￿ MDrw al￿￿ted fortr￿ fundraigng the thwlthle tompany. &"nkry Furul. Moryto put asbje to (ovw fUtt￿e rep)ts￿d rnurthnarKe tosts. TIy9 Ls io r&JI￿ ￿ Impxtof T￿lTe one..off 12. ANALYSIS OF NET ASSETS BETWEEN FUNDS CuThnt Tanglbl¢ Ass¢ts Llabllltl•s Long Tami Llabllltl85 Total Grnup Deslgnated rese￿$ Gener31 Unlri¢t￿ r￿1￿$ 383.986 940,954 I3,￿,610) 4.047.861 1,692.205 4047.861 1.324.940 3,2￿610 2,076.191 CuYr•nt Tan9lble Assets Liabilitiès Long T•mi LlabllltS88 Total Company Des&nated rese￿¥ Genèral unrestri¢t8d reserves 377.136 797.417 I3.2￿,610} 3TI.136 1,541.43T 4.040.6 4,040.630 1.174652 3.29Q610 1,918.572 Prirxy Cuffenl Asset￿ Tem7 abilities Liatslities T8n￿￿10 Tol41 Gro(w. ￿•t8t*d 211,259 774.639 (1358, 123) 211,259 I,￿.674 4, 147.358 4, 147.358 985,898 { 3,358, 123 q, 774 133 Cmnt Asselsl Long Term Llabilltles 8ts-liti&s Assgts Total Compgny 211.259 754,483 13,35¢ 123) 211,259 1,529,472 Ggnwal unr•slrlcted fftseryes 4. 133,112 4. 133,112 96&742 3,3M 123 1,740, 731 Page 22124

+ftilli+y' TRINITY HOMELESS PROJECTS NOTES TO THE CONSOUDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (CONTINUED) 13. OPERATING LEASE COMMITMENTS At 31 March 2024 the charltable ￿MpanY And group had the following ¢IMnmJtments under nonwcancellable Dperatiny le¥8¢S: 2025 Conyany 2024 Group 2024 Comp 2025 Group Withm) on• y¢8r wllhkn 2 to 5 years O￿T 5 years l.WJ330 42x570 1.618.230 4,101,570 1,3TI,338 2,394,696 81,000 1,335,338 2,250,696 Wrthin one yegr wfthNI 2 to 5 years 37,008 89,980 14.068 7,380 25,088 38.255 9,832 26.21M 050,788 5,741,248 3,910.377 3,622,070 14. PENSION SCHEME The Charity operates a deflned contribution pension scheme on behalf of Its employees. The assets of the scheme are held separately from those of the group. At 31 March 2025 there were outstanding contributions for the group of E8,84212024: £23,051). 15. CAPITAL COMMITMENTS AND CONTINGENT LIABIUTIES There were no conlingent liabilities al 314t March 202512024:£Nill- 16. COMPANY UMrrED BY GUARANTEE The charitable Company is a company limlted by guarantee and without a share capital. There were 6 members at 31 March 202512024: 6 members). If the company is wound up. the members are required to contrlbute a maxlrnum of £1 towards the costs of wlndlng up the company and liabilities incurred whllst the cothbutOT was a company rnember and for one year after ￿sIng to be a member. 17. RELATED PARTh TrANSACTIONS At 31 March 2025. Trinity Homeless Prclects had a balance of £294,74112024: £194,856I recelvable from Trinity Adivilies due to an excess In cash transferred fortransactions, expenses Incurred, mana8ement charge and donation5 which had arisen in the year. On 24 March 2025, the Board ofTru5tees authorised wrltlnB off a long-term loan valued at £164,240. Trinity Activities is a wholly Controlled subsldiary of Trinity Homeless Pfoje¢ts and part of the Trlnlty Homeless Piojects Group. The two or8anisalions have common trustees. Trinity Homeles5 Projects raised a mana8ement charge of £135,60012024: £265.1)441 to coverthe cost of running Trinity Activitre5 in the year. Thi5 amount 15 shDwn within admlnistrative expendilute in the charitable expenditure note of the Trknity Attivltles financial statement5 and included in othertradin8activitie5 in the statement of financial activities of the Trinity Homele55 Projectsfinancial statement5. At the year*nd a total of£97.27312024: £133,210) was due to Trinity Homeles5 Projett5 from SIou8h Homeless- Ouf COn￿rn, a charity which 5h3fes common directors. Thls pilmarlly relates to expenses pald byTrinlty Hornele55 Projerts on behalf of SIou8h Horneless. Our Concern. SHOC, Slough Homeless Our Concern 15 an independent Charlty and the charity has cornmorn trustees with Trlnbty Homelèss Projects. Trinity Homeless Projects ralsed a managemeni ¢har8e of £7,152 12024.. £7,152> to cover the c05t of running SHOC, SIou8h Homeless Our Concern In the year. Page23124

+ftitli+y' 18. Sub6ldi•ry Undortaldngs Charitable Company's dlrecuy owned subsidiary The follo￿n9 were subsithary und&rtaklngs of Ihe Chwttable Company. Nam• Country of In￿pOratIOn Holding Prlnclple acOvNles Trinlly Actlvttles United Kingdom Trinity Hom8K%8 Pmje¢l$ 6 thg sola guarantor Charfty provldlrwj assista[￿ sn eventino homelessness. Page 24124