Company No. 5841338 STREF.TSCENE ADDICTION RFCOIQRY C.OMPAN Y LIMI'I'ED BY GUARANTEE RFPORT OF THF DIRF.CTORS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023
SI'REETSCbNE ADDIC'I'ION Rf.(.'OVl:, RY COMPANY I,IMI'I'lI 11 BY C.IJARAN-I'Li L CONTENTS OFTHE FJNANCIALSTATEMENTS For tlje YeAr 1¢ iJde(J 30 Jline 2023 Page Company Infomiatton Report of the Directors Statement of Financi81 Activities 12 Income and Exp¢iidstUTe Account Balance Sheet 14 Note5 to the FinanLial Statenients Independent Auditors Report 20
STREF.TSCENE ADDICTION REC.OVERY COMPANY LIIMITED BY GUARANTEE COMPANY INFORMA'fioN 'oi' the Yeai. Ii*iided 30.lune 2023 DIRECTORS.. D Phillips A Rodgers H Comer J Dorriiigton SECRETARY.. Lord T Howson-Green CHIEF EXECUTIVE.. T Corner REGISI"LIILD OFFICE: 108 Cobham Road Ferndown Dorset BH217PQ REGISTERED NUMBER.. 0.$841338 (England and Wale5) CHARITY NO.. 1118773 SENIOR STATUTORY AUDITOR.. Chris Osmond AUDITORS.. Stone OEinond l.tmitcd Accountsnt% and Registered Auditors 75 Boumemouth Road Chandlers Ford Eastleiu>h Hatnpshire S053 3AP SOLICITORS.. Laccy5 3 Poole Road Bournemouth BH2 SQL PRINCIPAL BANKLRS.. HSBC 165-176 High Street Poole BH15 IAV CAF 25 Kiiighill Avenue Kings Hill West Mallitig ME194JQ
rREETSCINE ADDICTION Rf4 C.OVERY LOMPAiYY I,IMI'I'lI l) BI, GUAIIAN'I'EL REPORTOF THE DIRECTORS Foi. the YLHr Ethil¢d 30 June 202 The directors present theii. report with the financial slalements of the company for Ihe yeaT ended 30 Jull¢ 202.3. CwOVERIYANCTr. Streetscene Addiction Recovery is a charitsble company governed by Meinorandum and ArliLles of Associalion iticorpoi'attd on 8 Julie 2006. It repiesenis the incoi'poralion of the eai'lier charitable Irusl, Sliretscene, oi'iginally declared 1989. regi5tralioii number 802521. It has two objectives: 'ro relieve and i¢habilitat¢ pety)ns who are siiffcrsiig or have suffered from past OT present driig addsction or other forrns of addiction. To advance public educations paTticulai'ly, amongst young people, al)out all matter relatin8 to drug abu5¢. OBJE4C'I'IVES AND ACTIVITIF.S TrOR I'FIE PUBLIC BVNb bi'r The priiicipal activity of the company in the pei'iod under review was to relieve and rehabilitate ihose who are suffering or have suffcrcd from past oj. present drug addi¢tion or other (orms of addiclion, together with the advan¢em¢n¢ of pllblic educatiot), particularly ainong75t young people, about all mattel's relating (o drilg abuse. Tlie diiEclors confirm that they have complied with (lie duty iii Section 4 of the 2011 C.haTlties Act having due regard to the guidance published hy the Charity Commission, including piiblic bcneflt guidance. The company cari'icd out its activities at tlie following addresses.. Allingion House, 46 Dean Part( Road, BourJieTnOUth. Dorsel, BH I IQA- primary and secondary care iinit. Comerway5, 20 Braidley Road, IIouTnemouth, Dors¢t, Bl42 6JX- primary and sccondary rare UE)it. Fi?ncis House, 2 Hulsc Road, SoEJihampton, Hanis, SOI 5 2WG- primary and secondary caTe unit. Unity House, 77-79 West Hill Road, Wesl Cliff, Bournemouth, BH2 5PQ- 5UPPtsrted accommodation 108 Cobhaim Road, ferndown. Dorlet, BH21 7PQ- Administration officc5 51 Churchfield Road. Poole. Dorset, BH15 2QL- Developmet]t office DIRECTORS AND TRUSTEES The director5 of the charitable company are its trustees for the Purposes of Charity Law and throughout this report are collectivcly Teferred to as the directors. The direcwrs who have held office during the year of review and ¢0 the date of this repoil were.. D Pliillips A Rogers J Dorringknn H Corner (deceased December 2023) R Pullen The coinpany provides Directors Irtdemnity Insurance, this 15 provided free of charge undeT the cunent wli¢y.
STRLL'fsci,:Nf. ADDIC'.TION RF.C.OVF.RY C:OMI)ANY I,IMITf4 D BY GUARAN'I'E4 C RC4 PORT OF THE DIREI CTORS For tlie Year Ei ]]ded 30 June 2023 Any member of the above body of directors is able to nominate further directors to thc board. If the person is willing to be considcrcd, aftei. various checks have b¢en undertaken, in¢liiding CRB checks. the board can vote a new member onto th¢ board hy means of a niajority vote. STATEMENT OF DIRECTORS? RESPONSIIIILI'fiES 'l-he directors are responsible for preparing the financial slarements in awordance with applicable law and Company law rEquires the directors to prepare financial slatenients foi. each financial year. Under thai law the diiectors have elected to prepai'e the fiiiancial statements in accoixlance with the Conipanies Art 200() ie14ting to Small Coinpanies, with ihe l.inaiicial Ileporliiig Standai'd foi. £mallti' Enlitics and thc Charities Act 2011. The Financial 5tatemEnts ate requircd by law to give a tTUC aiid fasr vicw of the state of affairs of thc company and of tlie 511rplus or dcficit of the company for that period. In preparing the5c financial statements, the directors are reqiiired to.. select suitable aCLuntI17£ policies and then apply them ¢onsistetitly,' Iake judgements and estimates ihal are reasollable and priideiit. prepai'e tlie financial 5tateTneiil% on the going concern basis unless 5t 15 inappropriate to pwsumc that the company will continuc in business. observe the mcthod and principles in The Charities Statenient of Recommended PIBctic¢ SORP 2015 {FRS1021. slate whether applicable UK Accounting Standards have been followed, subject lo any Inaterial departures disclosed and explained in the financial stateTheJits. The director8 are re5pon5ible foT keeping PiDper ac¢ounting records which disclose with Teasortable a¢¢uracy at any time the financial p051tion of the company and io enable them to ensure that the findtlcial siaiemenis comply with the Companie5 Act 2006 and the Charities Act 2011, the Charity (Accoun15 and Report51 Regulatioiis. They are also responsible for 5afeguaiYling the as5¢1s of th¢ cojnpany and hence for taking reasoiiable 5tep5 for tlie prevention and dEteclion ot'fraud and other ii'regularitie5. TAI'EMEN'I" AS 1.0 DISC.LOSURF. OF INFORMATION TO AUDITORS So far as the director5 are aware. there is no relevant audit ijiformation las dcfined by Section 418 of th¢ Conipanies Act 20061 ofwliich tlie coinpaTly'S aiiditoiB are uiiawai-e, atid eacli dii'ecloi. lias takeii all tlie Stei) that ought lo hav¢ been taken as x dii'cctor in ol'der to niake thein5¢1ve5 aware of any relcvant aiidit information and to establish that the company's auditors ar¢ aware of that infoi'mation. DIREoRs, REVIEW STRUCTURE The company h&s a strurture based on five tiers. Tier l.. Mie Board of Directors, wlio have ovei'all control of the charity and meet at lea513 tinies each year to diuS$ th¢ pei'formwjce to date and future plaiis. A rotalion of direLtors aims lo visit evely unit eacli month to observe the work fjrst hand and speak to clients and 51atTabout theii. experiences with Streetscene Addiction Recovery. Their report is prescnled al thc next Diyectors niecting. Tiei. 2-. Thc opcrational responsibility iq delegated to the five chiefs of 5t&ff, who make up a team of people who work togethei. with particulai. artas ofresponsibility, which are= CEO- Developrnents. stat15tics, cliellt advocacy* poliii¢al and strategic developmeiits. COM- The upkeep ajd occupan¢y of units, relatlOll5 Wlth purchas¢rs, expanding ¢lient base. CFO- Finance and Icgal matter5. CHII- Ensuring adherence to legÉslation, policy and piD¢eduiE Wlthin the units regarding HR. COT- Ensiii'ing the treatment PlDvid¢d lo ¢lients 1% both cotlS1Stent and of tlie highest siandard.
SFREETSCEYI l ADDicfinN RICOVERY COMPANI, LIMITED BY GIIAIL4NTEE REPOR'I. OV'I"HE DIRF.CI'ORS rioi. the Yeai. EDd¢d 30 June 21]23 Tier 2 meet on a regulai. blS to discuss the overall strategi¢ planning for the orgajiisalion. Tier 3.. The Managers of each unit, the tiratrnent units beit]g Allington House, Cornerways, Francis House and the Reseltlemejit unit, based at ljnity. The Adininistration Managers providing support to all units are.. Finance, IT, Purchasing and Main¢enan¢e. Tier 2 and 3 representatives CQTnprise the Steering Committee, which. dependiiig oil irtpul required woi'ks on initnediate issues sllch as amendiiig poliGie5 and procediirts, tiaining events, staff IfCTUltin¢nl, i'efiirbishment need5. Tier 4.. The staff with cxtcmal responsibilitie.%, including th¢ finallce team, DSS Liaison, the in-house PUT¢haser. the counsellois and project staff who lidve exiemal responsibililies lo oiii. service pui¢hasers. TieT 5.. Tlie S¢dff are those who woi'k within tlie uiiits but whogc cxtcrnal re%pon5ibilities aie g¢ncrally through the unit iiianag¢r, thi5 includes wcekend project staff. night staff, Inaintenance staff and volunteers. I'"ach staff member h&$ thesT own rolc within the charity, ¢overed by job descriptions, generally the iY)le5 air-. Managcr Teain Icader Counsellorlkey worker plJe¢t workeT Niglit carc officer AdministTatDr Mainteiiance These staff members also liavc a voice in weekly meetings held each unit. Isne majageinent meetings, SUPETvision and Irgulèr training events. Assets All the fixed assets have all been utilised foi. the woi'k ofthc charitable ¢oinpany. All deeds are iEtaintd by the Solicitors. T,a¢ey%. The company rctain5 the r¢serv¢g fiDin the operalions of the company, operatitjg profils atid prepaid ac¢ourtis in the reserves account. OperAfing during 2022-2023 With the release of the Dame Carol Black report more futids becotne avAilable for addiction treatinellt, to be di%buFs¢d during the coming fivc year5. incliiding funding for residential lTe4tent. The increased levels of fullding bccame appareni almost immediately, with local authoriiies allowing incir&ses iji Ihe prices charged due to the financial CTj515. an(1 Ihe in¢Teased tiumber of clients referred to Irea¢mellt. l-his year, as denion5trated below, we had aTJ increase of 4Yo. We hav¢ felt the effect of thc financial crisis. we had to restrict the temperature ofthe heatitig system to 19 degTees during the day, which is still I degree abovr that required for living. Despite lha¢ our bill for gas did gjratly increase during the year as care homes Feceived no governtnenl siipport. We did 5ecuir a relatively good deal on electricity for one year, however thS was only good in the facc of the price increases at the time and still resiilted iii a large incred%e in costs. l.'ood bills also increa%¢d extensively.
S'l'llb'LT%CEI NL AI)DicfioN REC.OVF.RY COMPANY LIt*llTTr".D BY GIIARAY'I'F.r, REPORT OF THE DIRECTORS For the Year Eii(le<l 30 JunL' 2023 We have had rnore as515ted withdrawal clients. and this has helped increase bu8iness and helped those clients who ¢annot affoi'd to go to a dctoxification ccntre. We did in¢rease the prtce to cover usit]g extra staff whilst people w¢r¢ deioxing. During this yeaT we have installed mOiE computer packages to incirase eICi¢n¢y. We have a medication system, a caie plan syslein. a Iiew staff welf41'e package and as of the year eiid we are beginning to iinplem¢i)t a new FIR package and an updated accoiints package. We also hav¢ access to Avensiire for IIK Tnatters and QCS for onlin¢ policies. The%e changcs will continiie to bed in diiTTng the coming year but overall this shoiild improv¢ effi¢ien¢y, reduce paper and wastc costs. speed up communiuatitsn belween different part5 of the organisation and hopefully free up extr8 time foi. staff to be willi clies]ts, rath¢r thali dealing with paper. This comiiig year there are going lo be changes to the C.QC iIispection requtrcments, all managers have Teceived tTainittg howtver tlie changes seem to be coiitiniiing to come without an a¢tiial datc for change ov¢r bcing achicvcd. W¢ Are going to lose our current CQC Icad pcrson and have to build a relationship with anothcr new person who initially knows nothing of our service. This is proving very stlf5sful as it is impossible to work towards and outstanding raiing when firstly it is iinclear what that look5 like for oui. type ol'sei-vEce aiid secondly we do not kllow wlio is actually Koijig to be doin&T the assessing a5 each assessor has theii. own way ol'dosng things. Iii oui. last report we foiind evidence of text beiiig copie5 aDd pasted from tlie ieport from a difftrent provider, this wa5 higlilighted but iievti. alicird. We do want to do the bcst for our Clients and have nn problem with being Tn5PCCted, however at preseni ihere is little eonfidence in thc 5yStcm with regards to addi¢iion Tehabilitation. Pl4iis for 2022-2023 Reduce fuel use as far ag possible, iJcliiding hcating to 18 degree5, checking lightiftg tt¢. This has been a very cliallenging year for everyone. All costs increased and we workcd vcry hard to maximise incoinc and rcduce outgoings. Ouicome.. Heating was rcstricted to 19 degrees in all houses ond sioff were on a constant n]iS5iOll to tum off all unused electrical ite&ns. Doors were constantly mOnired to ensure tliey were kepl closed. However, our gas and electric bills increased by 64Q/o for e[lI.1¢itY aiid 660/¢ for gas. Considering Ilie titlles we were living thTou¥h this is an ama£ing achievenient foi. both the purchasing departillent and the houses. howeveT It docs amoiint to an increase of many thousand5 of pounds that had to b¢ met. Rediice house expendituir, senior team to discuss any and all possiblc ciitbacks. Out¢om¢.' ¢vcryone Ii'ied to limit expenditurc a5 much &% possible as all staff were aware of thc 5ltuation. This ¢nabl¢s us io provide ieasoliablc pay increases in April b¢tween 3 /0 and 8¥0, Wjth the lowest paid gettin¥ the gi'eater pay in¢irase. Incr¢ase income f1M lowcr paying authoritie5 to a sugiain8ble amount. Out¢ome'. the adniissions tearn worked hard io in¢rease Pdyments from the lowest paying local auihoriiies. This was becaiise with the i'apid illflalion we w¢r¢ experiertLing somc authorities were paying iis1¢5S than it ¢ost lo treat Ihcir clicnls. 'I'he price5 Teceived havE now improved. Inci'ease number of private clienls wh¢r¢ p055ibl¢. OuteDme'. this is ai) ongoing aim. Inflation in the last year has hit everyone. IFnpleTnent online care package. Oiilcome.. by the year eiid the Inajority of staff are now using the online care package. Like all new computel. 5yStem5 there have been teeihing problems. Look al any and all grant possibilities.
STREfTSCENE ADDICTION RF,COVERY coripANY LIMI'I'D'D BY C.UARAN'I'D'E RLPORT OF THE DJREC.TORS For the YeHI' Ended 30 Jull¢ 2023 PlarJ5 for 2023 to 2024 Update Quickbook5 to the latest online veision. Have lime and allcndance sy5temll.IR working. Investigate rx)tential altcrn8tive financial plan5. Look at aliemative niortgagE IEnders. Expand artd resiructure resettletment. Cash car(Is &vailable for house mk)nagers alid admissions. Budget for staff recruitmettt. Budget foi, staff training. Refurbish Unity. Paiiit outside of Allingtnn Hollse. Slim dowiilsitnplify paperwork. Review ofseiwiee proviyion 2022-2023 2021 to 2022 House N'os of clients Nos of days l eT¢¢ntage /0 Occii Allington 96 5538 96 C.'oi'neiTrv%Ly5 6029 83 Fi'8nei8 91 4961 76 TOTAL 297 16528 85 2022 tu 2023 House Nos of client5 Nos of day5 Pei'cetJtAge '/ Occ ant Y4 Allillgtoii 89 5466 Cornerivay5 6685 92 Frfinci5 106 5227 80 TOTAL 306 17387 89 As can bc seen, all three hovse5 improved their (Kcup8ncy rate thi5 ycar giving an overall oc¢upancy rate of 89Q/o. this is art in¢rease of 40/0 from last ycaT.
srREETSClINE ADDICTION RF.COVERY C.OMPANY LIMI i-fii D IIY GUARAN'I'LI Tr, RLI>ORT OF THF. DIREC.TORS Foi. the YeAr Ended 30 Julie 2023 Occupancy rates.. 2020 to 2023 120.(M) loo. 80. 60. 40. 20. 0.00 lan Feragio Apr Nov Dec This year we had a total of 285 clients compared with 266 in the previous year. We provided 154 detoxes, ineluding dual detoxes for coifjbined alcohol and drugs providing £156.550. up fiT)m £119,670 in the previous year. Of this £65,224 wa5 paid ¢0 pre5GribinB services, this left a siii'p1115 of £91,326 for us. Private Clients Privatc clicnts vai'led from £750 10 £1,650 (mean average being £1.47, redu¢ed from last year, the miniinutn spend was £942.86. the Maximu spend was £19,360, witli tlie mean average 5p¢nd on hab being £8,583.23 (excluding detox expense5). We have 30 ¢lients this year, a significant drop on last yeaT where we had 38 la dtt)p of 210/0). But the a¢tual tention and av¢iag¢ spend was greatly improved. The drop n)ay have several causes.. our website was offline for 12 wccks as it was being renewed, the new funding money caTne online from the Dame Carol Black JEport and we were suddciily overrun with statutory ¢lients and we werc J'eluclaiit to tiiin ihetn down, the recessiot) began to bile into tlie fillaiicc5 of everyone in the UK. We do need to flnd a way to increase tlie iiuniber of private clieiit5 if at dll possible in the curirnt fiiiaiicial climate- bearing in mind thc current financial squeeze is hittin8 OUI. target pi'ivate giDup hai'd. StAtutory Clients This year we received clients from a total of 42 different lo¢al authorities, plus Transport for London and pi'ivate clients. Of these. one lo¢al aiiihority paid £740,000 and one paid £820 however each only rcfcrrcd one client during thc year. The vast rnajoTlty, 33, paid a weekly fcc of £850 with 7 paying around £910 per week. Bursaj'y Bed8 This year we plvided biirsaiy treatmeiit for tliree Client5 for 48 days, with one in a bursary bed at titne of reporting. Thi5 in¢ludes one detox. We also provided a5SlStan¢e for far more for client5 who were only given limited funding but by virtue of thc financial crisis and th¢ IA¢k of appropriate housing needed. This 5UPPOrt provided fire care for approximately 350 days. Length of treAtinent The chart below shows the length of time clients remained in tatment if their entire treatmentjourney ended befoi'e 30 June 2023. This is a total of 272.
rREI C4 Tscf,NF. ADDIcfioN REC.OVERY COMPANI Y LIMI'I'LD IIY GUAIIAN'I'F.r. RF.PORT or THE DIRECTORS Foi. the Ye#r F.rtil¢<130 je 2023 Numbers leaving treatment by treatment length July 2022- June 2023 20 io 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 > wk wk wk wk wk wk wk wk wk wk WK WK WK WK WK WK WK WK WKWK WK WK WK WKWK 25 The main times of departiire are.. Arouiid the four week mark, often selected by private clients a5 the maximum many of them can withdraw from tlieir lives without it being noticed. Around the tliree month mark, a more tradition&1 time for a ¢ompletion of Ireatjnent fut]d¢d by local authorities. Arouiid (lie 6 month Imark, generally given for clients who are deemed to have more complex needs. There are quite a number who leave in tlie fiist week to ten days, these are always those who have underestiinated detox or the amoiint of work required in recovei'ing from addiction. Although addiction is eminently treatable and long term recovcjy 15 achievable for anyone wanting it, it jsll't easy and to begin with ¢an seem impossible. Finance5 Incojne for the year, fee5 and donations was £2,910,482 rcflecting an increase of £175,778 frojn the income of 2022 of £2.734.704. Expenditure was £2,824,071 reflecting an increase of £137,102 from the expenditure of 2022 of £2,686.969. Incliided it] the above figures is the Valuation of Donation5 in Kind (for assisted treatment) of £13,280 {2021 £34,149). Total Reserves amount to £1,408.526 including fixed assets of £1,757,688. The fixed assets inGlude Land artd Bllildings of £1,692.572.
srREETSCENI ADDIcfioN REI C.OVERY C.OMPANY I.1]1'1'L IJY GUAIIAN'fEE REPORT OFTHE DIRECTORS For the Yeai. Ended 30 Jun¢ 202 PoliLies oil Reseives investments This year our reserves have been used on occasion to assist short tenn cash shortfalls. We would like to retain onc illontl)'s Yuniiing c()8t% in resetvc howcvei. th15 is diffi¢uli io achieve but is slill our targel. It was not Possible or piudent to use our reserves to reduce (lie mortgages due 10 the very high penalties which would have become due. All IEserves are held as ¢ash with HSBC. Re5erve$ Polity Strectsccne's policy Is 10 establish a reserve fi]nd under the principles of SORP 2015 IFRS 102). The reserve fijnd is to= Provide 5horl-tei.ni tiinding to en%iire the company meet its ftnancial and legal obligations in the event of re%tricted or flu¢tuating cash flow. IFINANCIALI To meet the costs of any futuir legislation,. sii¢h as the requiremeiils of extra li'airting, e4uipmetJl or professional advice or to finallce ajiy exccptional iiiiforeseen cosls oi. Irpairs. {CONI'INC7EN("IES AND RISKS) To tskc advantage of market opportunities to cxpand or improve the service provided within the remit of the charitlcs goveTning documents, including the fut)ding ofnew proje¢is. centi?1 development of maiia£ement, the fuiidit]g of fumitui'e and equipmejjt, the traiiiing alld development needs of ils staff and volunteers and the acgUlSlt5uii of suitable premises. {OPPOR-FUNII'IESI While no figure can be put th¢ level of thc reserve needcd &5 they are beyond the charities control the diirctnrs have agired it woiild b¢ pwdcnt that a policy that ftims to A¢hiev¢ a level of reserves equivalent to one ii)ontli'% uni'estrictcd expenditure is an ideal target. Risk Register and M&nAgemeELt Our risk register this yeai. is based on the NCVO templ3te. Likeliljood of risk oceurring Rare.. not likely to happen or will Ollly happen in ex¢eption ciiEumstances. Ujilikely: not expe¢ted to happen, but therc is a remote possibility that it will occur. Po%sible= May occur on some occasions, but not frequet]tJy Likely.. is likely lo occur or will happen on moT¢ oG¢asitsns than not. Certain.. likely to occur in the majority of cases.
s'rREETscf,NF Al)DicfioN RJ:C.nVERY COMPAIN.Y LIMITED BY GUARAIN'I'EE REPORT OF THE DIRECTORS Foi. the Year Elided 30 Junt 2023 Level of impact Possible con5Equent8 if risk occurs Insignificant No iinpact on service No iitipact on reputalioji Complaint unlikely Litigation T15k Iritsote Slight impact on servic Slight impact oli i'eputation Complaini possible Litigalion possible Moderate Some service disruption Pot¢ntial fr)r adverse publicity- avoidable with care1 handling Comp12int pn)bable Liiigation piDbabl¢ Sigllifi¢aiit Service disrupted Adverst publicity not avoidable (local medsal Complaint probable Litigation probable Major Service interrupt for signifi¢ant time Major adverse publicity not avoidable (national media) Majoi. liligatton expected Resignation of senior management and board Widespr¢ad loss of beneficiary confJdet]¢e The calculation for the total risk score is likclihood score multiplied by double the iinpact scoi'e. Re5ultaiit Scores indicate th¢ following.. Initial risk score Ikvel Low risk Mcdiiini rhsk Action level Accept J'isk. To be Jiianaged at the activily level MaiiAgemEnt action reqiiiird to rediice risk level to low Significftnt T15k. Jjoai-d actionlawairness reqiiircd. 9-16 17-25 RÈsks ale calculated both before and after aur current level of control5. In $llmmAIy Th¢5¢ arc cliall¢nging tiines for everyone. We need to remaiii vigilant to ensurE we Gan ¢oniinuc io help aiid 5llPPOIt people in nEed, We need to continu811y strive to do the best wc possibly can for our ¢lients within the financial constraint5 we face. to help th¢m move fmm their addiction to bccome valuable Tnembers of society, conti'ibutiiig to the community. whilst At the saine lime contit)uing to siippojl all our starrand volunteers. 10
STREETSCENE ADDicfioN RECOIIF,RY COMPANY LIIMITED BY GUAIiAIY'I'LE RFPOR'I. OF'fiiE DIRF.CTOR For the YeA Y Eijded 30 June 2023 AUDITORS I'he auditors, Stone 05Tnond Limited, will b¢ proposed for re-appointment at the forrhcoming AnE)ual General Meeting. This report has been prepared it] accordanLe With the special ply)visonS of Part 15 of ihe CoTnpani¢s Act 2006 Telating to small ¢oInp' ies. Signed (D Phillip5) Zl/ollz q Signed (A Ro¥eTS) Dated . Sigiied (J Dorringtoii) Dated.............................. signed (R Piillenl z i/o</Z4
STREETSCENf ADDirfioiY RIICOVERY C()MI)ANY L.IMI'I'F'D IIY C.IJARAIYTEI STATEMENT OF FINANCIAL ACTIVITIES Foi. tlie Yefir ended 30 June 2023 Note Unirstrictcd Fund5 Restri¢led Funds Total 2022 Total Fuii INCOME AND EXPENDITURE In¢otning Resouires Fces Donations and grants Don3tions in Kind 2,894,980 14,402 2,894,980 15,502 2,705,928 28,776 10 1,100 TOTAL INCOMING RESOURCES 2 922 662 2 923 762 2 768 853 ResouTce5 Expended Dirccl Charitable ExpenditUTe Donation% in Kind Fundraising and publicity 12 2,820,022 13,280 4,049 2.824.071 13280 2.686.969 34,149 TOTAL RESOURCES EXPENDED 2,813.302 2837351 2 721.118 Net Iiicomingl{Outgoingl Re50urres Before Transfers 89,359 {2.9491 86,410 47,735 Transftrs between funds Ner In¢omingllOutgoingl Resources For The Year 89,359 {2,9491 86,410 47.735 Gain51($S¢S) on Investments BALANCES BROUGHT FORWARD AS AT I JULY 2022 1317838 1322 116 1 274381 TRANSFER FROM STREETSCENE CHARITABLE TRUST BAI.ANCES CARRIED FORWARD AS AT 30 JUNF. 2023 1,407,197 1.329 1.408.526 1.322,116 'rhe notes form paTI of these financial statcments 12
STREETSCF.NE ADDICTION RECOIIF.RY COMPANY I.IMI'I'I,:I) B Y C'IIARANTF.b. INCOME AND EXPENDITURE ACCOUNT For thv I'eai. En ed 30 June 2023 Nol¢s 2023 2022 TIIRNOVER 2,922,581 2,734,679 Adininistrative expenses 2788,016 2.658,002 OPERA'fiNG (DF,FICI'I) SURPLUS 134,565 76.677 Interest ffceivable and similar iiicomc 1,180 25 135,745 76,702 Interest payable and similar Charges SURPLUSI(DEblCI'I'I ON ORDINARY ACTlVI'fiF.% BETrORE TAXA'fioN 86.410 47.735 Tax on suiplus on ordinary 8¢tivities SVRPLUS/(DEFICITyFOR THI FINANCIAL YEAR AFTER TAXATION The notes fomi part of th¢se financial statements
STREETSCENE ADDI(TION RECOVFRY COMPANI Y LIMI I'I'EI) IIY GUAIIAN'I'CI F. IJALANCE SHf.ET 30 June 2023 Notes 2023 2022 FIXli D ASSETS Tangible assets 1,757,688 1.823,347 CURRENT ASSETS StoGk Debtors Bank balances and funds in hand 22,980 320.561 320.222 33.199 444.521 663,763 592,83 1 CREDITORS Ajnounls falling due M'ithin oiie yeat 331774 326.567 NF.I- CURRENT ASSVTS/{LIABILITI[4 Sl 331,989 266,264 TOTAJ. ASSETS LESS CURRENT LIABILITIES 2.089,677 2,089,611 CREDITORS Amuunls falling due after Inore than one year 681.151 767.495 NET ASSETS 1,408,526 1.322,116 RESEIIVES Unreslri¢led reserve5 Restricted r¢s¢rves 1,407,197 1.317,838 17 1408 526 322116 These financial.%tatements have been prepared in accordance with tlie special PTovisions of Pail 15 of the Companies Act 2006 relating to Small Companies and with tlie Financial Reporlitig Slandard for Smaller Entities leffective Jalluary 2015). ON BEIIAI.r OF. E BOARD Director- Director- Approved by the Boai'd on iqll¥ The notes ftsm pan of these finaiici&l statements 14
STREF,TSCF.NF ADDicfioN RECOVERY COMPANI, I.ITrqITED BY C.IJARANTEE NOTEI S TO THE FINAN'CIAL STATEMENTS Foi. tlje YeRI' Li nded 30 Jiine 2023 STATUTORY INFORMATION StlEetscene Addieiion Recovery is a privaie company, limited by Guarantee, re8lStered in England and Wales. Ihe coiiipaiiy's IEgi5tered nuiiibei. and registti*d orrice address can be fouiid on tlie Conipany Information page. ACCO[NTING POI.ICIES BASIS ofpi'epai'iii¥ the finallcial statements The fijiancial slaleineiits liave been prepared in accordaiice wEth Atcounting and Reporting by Charities.. Stateineni of Recoinmendcd l)ractice applicable to chai'itics prcparing accounts in a¢¢ordancc with the F'iiianGial Reporting Standard appli¢able in the IJK and Repiiblic of Ircland {I,'RS102) lefYe¢tive l January 2019)- {Chai'ities SORP IFRSI 02)), the Financial Reporting St2Jidard applscable it] the UK and R¢public of Ireland (FRS102} and the CoTnpani¢s Abt 2006. Assets and liabilities air iiiitially recogiii5ed at histOTical c05t or ti7n%attiort value unless otherwise stated in the r¢l¢Yant aG¢ourttittg polity nole(sl. TurnTrvei' Trrnover represents provision of services. donation5 and giwnts. INCOMING RESOURCES Gi'fints. doTLatlOll5 and donAtions in Iiknd In¢ome from grants, donations and donations in kiThd are included in the stament of Financial Activities when ihese are received. Fees. contributions and other iJJ¢ome Fees. contribiition5 and othei. income are in¢lud¢d in ihe Statement of Financial Activities on an accruals basis. RESOURCES EXPENDED Re%ources expendcd bre illcluded in the Statement of Financial Aclivitl£8 on an accruals ba515. aiid allocated to each Hottse and Admillisttztion (note 10 and I l). Tangible fJxÉd 8ssets Capitalisalion PoliGy- Capital items relating to the adminislrationloffice fi]rniture of thc coinpany are capitalised, capital item5 for the benefit of ¢lients are not capitalised as they are subjcct to heavy usage and have a %horl life. Depre¢ialion is provided at the following anniial rates in order to WFlte off each asset over its estimated useful life or ifiield under a fIDance lease, over Ihc lease tcrm, whichever is the shorter. Freehold pix)perty Fixtures and fjttings Motor vehicles Computer equipment 20h Straight line 20% on reduciiig balan¢E 25Q/o on irducing balance - 200/0 on reducing balance Pension The company has a defined contribution scheme Available to all employees. These iiot¢5 form part of the financial statements 15
SI'REETSC.F.NF. ADDIC.TION REf()VERY COMPANY I.IMITF.D IIY C.IJARANTEE NOTES TO THR FINANCIAL STATFMENTS Foi. tILe Yeskl- Lnde(l JO June 2023 OPERATING {DF.filCITJISURPLIJ Tlie op¢rating deficit IS Stated after chargjing.. 2023 2022 Depre¢iation- owned assets Audit 69.302 78,313 Directors emoluments aiid other beiieftt5 ¢tc.1s¢e note 131 TAXAI'ION No liability to UK coi'PDration tax ar05e on ordinary a¢tiviiies for the year ejided 30 June 2023 or for the year to 30 Jiiiie 2022 due to its chariluble status. TANGIBLF, Tr IXED AS.8ET Frcchold Land and Buildin Fixtiires and Fittin Motor Vehicles uter Total ui COST OR VAI.UA'I'ION.. At l July 2022 Additions Disposals 2,519.976 179,-319 868 69.952 2.812,556 5,368 2.300 4,500 2,300 At 30 June 2023 2 539.976 180.187 2819315 DEPRECIATION: At l July 2022 Chai'g¢ lor y¢ar Eliminated on disposals 796 603 5a,799 115769 14.139 992,901 69,301 -%75 2,618 575 1.745 At 30 June 2023 847.402 129,908 62.970 1.061.427 NET BOOK VALUE: AI 30 June 2023 1692.574 50.279 1757 688 At 30 Junc 2022 743.371 63.553 7.696 1.823,347 IAnd and huildings eomprisc I,Icthold PToperties PUT¢h4sed in StteetS¢ene Addiction Recovcry at £1,416.886 and Fre¢hold propeitie8 ttansferred from StiEctScene Chai'itable Trust un the winding down of that chaiity's activilies. The pruperties transferied from the latter were revalued in 2005 at £1.500,000 and were transferred in 2008 at £1,322.640, being the valuaiion less depreciation to dale of ti?nsfer. DEB'I'ORS: AMOUN'I'S FALLING DUF. WITHIN ONf. YEAR 2023 2022 Fees F¢¢eivable (Xher debtOTS 296,201 24.360 425,312 19,209 320.561 444.521 -n)e5e notes form part of the fitsaA¢ial slalements 16
STRf.F.T8C.ENE ADDICTION RECOVERY COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMEN'I'S oi. the YeRI' Eiide(130 Juije 2023 CRF.DrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 So¢io1 Security and other taxc5 Paymenrs in advance Other and a¢¢ruals Loan - re properties 24.004 95,358 81,288 131 124 27.912 106.205 72,525 331774 326.567 CREDITORS: AMOUNTS fiALLING DUE AFTER MORE THAN ONE YEAR 2022 Loan repayable by instalments: l.oan - re plpertieS- one to two years Loan re properties- two lo flve years Loatt re properties- over five year5 131.124 393.372 156 655 119,924 359,772 287 799 681,151 767,495 The loan is secured by a legal charge over tlie freeliold PToperti¢s 20 Bradley Road, Boiinieinouth, 46 Dean Pai'k Road, Bournetnouth and 2 Hulse Koad, Soutliampton dated 2 September 2016. The loan is for a period of15 years ending in sepleinber 2031. RESERVES Iticome and Incomc and enditure Account 2023 enditure A¢¢ount 2022 At l July 2022 Retaiiied SurpludErI¢lt foi. year I ran$f¢i' Streetscene ChaTltablc Trust 1,322,116 86.410 1,274,381 47,735 1408 526 1.322,116 These noies form psrt of the financial statements 17
STREETSCENE ADDicfioN RECOVERY COMPAN'Y LIMI'I'LD BY GUARANTF,E NOTC4S TO THL FIP4Af¥ciALSTATlIMTr.NI'S Foi. the YeA Y Inde(130 June 21)23 Analysis of Total Net Asset by Fund Unrestricted Restricted 'rotal Fixcd assets Cash at bank and hand Oiher net currenl asselslliabilities Other long temi liabilities 1,757,688 318,893 1,767 1,757,688 320,222 11,767 1,329 1407 197 1.329 1,408,526 10. DONATIONS AND GRANTS Grants have been receivcd from the CoTonaviiws Job Retention Scheme omountsng to £Nil12022 £7,091) Donatioiis and grants of £15,502 have been Jrceived froin other SOUT¢es who wish to reiiiain anonymous 12022 £21,685}. DONATIONS IN I<IND The company in line with its chai'itable objectives offers a55iSt&nbe and ttment to ex clients at below market cost in circumstances deemed to be appropTiate to all concerned. Diiring the year the company provided tlie equivalent of48 {2022 2881 days of such assistance at a valuation of £13,28012022-£34,1491. 12. DIREcf c.IlARITABI,Tr' EXPENDITURE 2023 2022 Allington 14oiIsE Francis House CoTn¢rways Resettlement Depreciation Adniiiiistralion 5alari¢s Loan interest Rent of administration office General office Cost of finance Goveriiance 490,610 546,266 529,254 615,040 69,302 248,866 49,335 19,382 243,624 4,892 464,652 511,473 559,357 592.250 78,313 257,688 28,967 32,934 150,162 4,363 2,824 071 2.686,969 All direct charitable c051$ are allo¢aled lo the relevant areas and the support costs aT¢ alloGated ott the basis of bed numbers at eacli location. These notes fonn part of tlie financial statements 18
STREETSCENF ADDIcfioN REC.OVERY COMPANY LIMITED BY GUARANTEE NO'fEs'i'o TIIF, filNANCIAI, S'TA'I'LMENTS FOT th¢ YeAr li ndtil 30 June ZU23 13. EMPLOYEES The con)pany ejnploys a full tiine equivalent of 63 {2022 - 631 employees. The number of ernployees was calegorised as to 4812022- 481 dii'ect charitablc f(Ji' ¢licDts and 1512022- 15) to adinini5tration. The total co%t tsf all cmployces is £1,547,884 (2022- £1.534.1791 which is allo¢aied to each individual Hotjse and Adinimisiration. TheiE are no employees eaminE at a rate ofov¢T £60,000. The company has a defined benefits eontTsbution s¢heme, the company contributed £54,792 dui'illg the yeai'12022 £47,848) 14. DIRECTORS IILNEfITIRCI MUNERATION Tlie company provides Dire¢tors indemnity insurancc. thi5 15 provided free of charge under the CiiTrellt policy (2022- £Nil}. The ¢ompany also reimbursed expenses and travcl costs of £Nil12022- £Nil), the number of directors is foul.. The NIEnioraiidum all(J Articles pre¢lude the paymeiit of any remuneration. 15. AUDITOR LIABILII'Y LIM11'ATION AGRfi LMENT The liabslity of thc aiiditor 1% limited to ten times the fee, per agrecmcnt dated 26 July 2012. 16. RELATED PARTY TIL4NSAcfioNS The company is related lo Sireeiscene Charitable Trust due to it5 Tnutual DiiE¢tors. Detai15 of transactions are shown ir) the Reserves note. 17. RESTRicfED FUN'DS Molor Football Filt Otlier Balance brought forwai'd Donation Le%$ Expenditurc Less Depreci8tlOll 197 81 4,000 4,278 1,100 4,000 49 1.100 4,000 49 Balan¢e carried foii¥ard 148 81 These notes fomi part of the ftnancial statements. 19
STRF.fi.TSC.F,NF. AI)DICI'ION Illl C.'OVLIIY COMPANI, LIMI-J'I.:I) B Y C'IIARANTlfL For the YeAr li iided 30 Julie 2023 Indeptndenl Audl¢ui's' Repoi't to the dxrettors ofstre¢tS¢en¢ Addielloii R¢coveiy Opinion We have audited the fInan¢ial statements of Streetscene Addiction Recovery for the y*ar eiided 30 June 2023 whicl) comprise the statement of fiiiancial affairs 8tid the balance sheet wid tJote5 to ihe financial siaiein¢nts, in¢liiding J suminary of signifi¢ani accounling policies. The financial reporliiig franiework that ha5 been applied in their prepa1?tIO 15 applicable law aiid United Kingdotn AccDiiDtin Standards, including financial Ilepoiting Standard 102.. The Financial Repoitiiig Staiidard applicable iii the EJK and Rcpuhlie of IIEland (United Kingdojn CJenerally Accepted Accounting Pi'aeticel. In OUT opinion, the financial statements: give a true Jtid fail. view of the state ofthe Charity's affairs as ai 30 June 2023 and of its income and expeiiditure for the year then en(fed., have been piY)perly prepaird in accoj'dance with Uiiited Kingdom Generally Accepted Accounting Pi'acticc. have been preparcd in accordancc with the TequiTeTnents of the Companic5 Act 2006. Basls for opiiiion We ¢ortdu¢ted our audit in actoidanee with Intei'jiatiojial Standards on Audiliiig IUKI {ISAs IUKI and applicable law. Oiir Ir5poii8ibilities iiiidei. tlTrnse Rtandai'dE are furtlier de.scril)ed in tlie AiidTttJr's rc5ponsibilities for thc audit of tlie financial EtatenientS Section i)f oiii. repoit. We are independent of the Charity in accordance with the ethical rcqiiirements that aiE Irlcvant to our audit of the fjnancial statcmcnts in ihe UK, in¢ludiiig the FRC'S Ethical Standard, and rhe pi'ovisions available foi. sinall entities. in the circumstances set out in note 2 to the fJtiatJLial slaleinentg, and we liave fulfilled our other ethical iesponsibilitE¢s in arcDrdan¢¢ with these requireinents. We believe that the audit evidence we have obtained 15 sufficient aiid appiDpriate to pr(>vsdc a basis for OUT opinion. Conclusions relAting to goiijg concern We have nothing to Irpoi'l in respe¢t of tlie following mdtters in reldtioji to whiLh the ISAS (UK) i'eqllire us to repoTI to you were.. tlie diitctols, iise of Ilie gDing concern basis of accountlllg It) the pi'epar&tion of the fjnaiicial slateinelltg is not appropi'iate. or thc directors have not discloscd in thc financial 5tatcmcnt5 any identified material uncci'taintle5 that iiiay c&%t significani daubt about th¢ Chaiity's ability to continLie to adopt thc going concern basis of a¢counting for a period of at least twelve montlis from the date when the finaiicial statements are auihorized for issue. Othei. infoi'rnation The directors ftre r¢sponsibl¢ for the other information. The other itiformation comprises the information in¢luded in ih¢ anniial reporl otlier tlian t]ie fiiiancial siatenients and oiij. auditor's report tlJeiEQll. Oui. opinion on the financial staiem¢nts does iiot tover the other informdtioti aiid, except to the extetjt otlierwis¢ expli¢itly stated in our repDrt, wc do iiot express any fomi of assurante conclusion ihereon. In connection with oui. audit of the fiiiancial statement5. our responsibility is to read the other infomiation and. in doing so, considet. whether thc otlicr infortnation is materially inconsEsteRt with t]ie financial statements or our knowledge obtained iij the audit oi. otherwise appears to be tnaterially inisstated. If we identify such inaterial inconsi5tencses Or apparent material misstaiements, we al'e required to det¢rinine 20
S'I-REE-rscb.NE AI)I)ICI'ION RFCOVERY COMPAIYY LIMIT£4 D BY GIIARANTEE Foi. tht Ve v Ended 3 Juli 23 whether there is a rnat¢rial tnis51ateinenl in th¢ fInancial slatemenls OT a Inaterial Tni551aternellt of Ilie other information. If. based on the work we have performed, we concliide that their 15 a material Inis5tatcm¢nt of this other infoiThation, wc are reqiiircd to report that fact. We have nothing to IEPOrt in this regard. Matters oil Ivhich ive %re i'equired to i'eport by exception In thc light of the knowledge and understanding of the CharEty and it% envii'onment obtained in thc cour5c of tlie audii, we liave iioi identified matertal nii%81ateiiiertrs in tlie Ditecior's Aniiual Rei)oit lincludii)g tlie Strategic Re]x)rt}. We liave nothing to i'eport Ill respect of the following mattels in relatioji lo which the ChaTjties Act 2011 i'equtres LIS to report to you if, in our opinion.. adeqiiate accountiiig IfCOTds have not been kept or retui'ns adequate for our audit havc not been reccivcd from bi?nche5 Mot V151ted by u5., the financial statements are not in agreement with the accounting r¢cords and retums., we have not obtait]ed all the information 8nd explanations necessary for the purposes of our audit. the directors were not eniitled lo pr¢p#i'e the finan¢i#l 5tatem¢nis in ac¢ordan¢e with ihe small conipaiiEes' Irgiiiie and take advantage of the siiiall conipanies, exeinption iii prepai'iiig the directols, report aiid take advantage of tlie sinall cojiipaiiies, exeinptioii from the requiretiiejil to prepare a strategic report. Respoll¥ibilitie5 uf the dÉr¥cturs As explained Inore fully iii the directors responsibilities slateiiient (set oji page 31, the directors are responsiblc for the preparation of thc financial statements and for being satisfied that they give a true and fair vi¢w, and for such internal ¢ontrol as they determine is ne¢essaYy io enable ihe prcpaiation of financi81 statemenis that are free from mAterial misstatemenL whether due to froud or error. lii prepai'ing tlie financial slatemejils, tl)e directors are Ir5ponsible for a5se5SLiig tlie Charity's ability to contijiue as a going cojicern, disclosing. as applicable. matters related to going concern and usiiig tlie going ¢oiic¢rn basis of ac¢oiiniing unl¢ss thc diiictors eith¢r intend to liquidatc the Charity or to ceasc opcralions, OT have no realistic altemative but to do so. Our IYspon5ibiltt1¥5 fui. the audit of the finantill st#tementS 'rhe diteclors have elected for tlic finatjcial statements to be aiidiled in accoi'dance with tlie Charities Act 2011 rath¢i' than th¢ Conipanics A¢t 2006. Accoi1ng1y, we have b¢¢n appoint¢d as auditor undei. scclion 144 of the Charitic.% Act 2011 and report in a¢eoidanc¢ with regulations made uMdeT section 154 of that Act. Our objectives are to obtain reasonable a55ui?nce alK>ut whether the financial 5tatement5 a5 a whole are free fix>m matei'ial iiiisslatemenl, wheiljei. due to fj'aud oi. error, ajid lo issiie an auditor's iepoit Iliat incliides our opinion. Reasonable assurance is 2 high Icvcl of assurance, biit is nol a guai'atitcc that an audit conducted in ac¢ordaiic¢ with ISAS (UK) will always d¢tcct a material misstatement when it exists. Misstatcm¢nts ¢all ari%e fiyjm fraud or erri)r and are considered matertal if, individually or in the aggregate, they could reasonably be txpected to influ¢n¢e the e¢onomi¢ de¢isions of users iaken on the basis ofihese finatt¢ial 51aternenls. 21
srRE4 ETSCC4NE ADDicfioN REICOVIIRY COMI'ANY I,IMI ITf4.D RY C.IIARANTF,r, For the YeAr Lnded 30 June 2023 A further description of our reSPOllsibilities for the audit ofdie fjnancial statejnents is located on the Finaiicial Repoi'ling Coutjcil's website at Iiviviv frc.or .uk/auditorsres This description forms part of our auditor's report. Use of our report Tliis report is made solely to the Cliarity's directors, as a body, in acCOrdlee with section 144 of the Charitie5 A¢t 201 l and the regiilaliotjs made under section 154 of that Att. Our audit work has becii undeTtakeii so tliat we niiglit state lo the Chai'ity's directois those rnatters we are Tequired to state lo them in an auditor's report atid for no otlier puipose. To tlie fullest exteiit pciniitted by law. we do not accept or assume i'esponsibility to aiiyoiie othei. than the Charity's diiECtaiE as a body, for our audit work, for this r¢port, or for the opinions we have formed. C D Osmond (Senior Statutory Auditor) For and on behaifof Stone 05niond Ltd Statutory Aiiditor 75 Bourncmouth Road Chandl¢i3 Ford Eastleigh Hanls S053 3AP Date 22