Registration number: 06306299 Charity number: 1121228
## STREETS2HOMES (A Company Limited by Guarantee)
Trustees’ Report and Unaudited Financial Statements
For The Year Ended 31 July 2022
Mansell & Co Chartered Certified Accountants 5 Ducketts Wharf South Street Bishops’ Stortford Hertfordshire CM23 3AR
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Contents**
||**Page**|
|---|---|
|Reference and Administration Information|**1**|
|Chief Executive Officers Report|**2-3**|
|Trustees’ Annual Report|**4-7**|
|Independent Examiners Report|**8**|
|Statement of Financial Activities|**9**|
|Balance Sheet|**10**|
|Notes to the Unaudited Financial Statements|**11-19**|
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Reference and Administration Information**
## **Trustees**
Andrew Winders - Chair Madeleine Glaisher – Vice Chair Paul Bartlett – Treasurer Rachel Bartlett Lucy Holmes Emma Knewstub (appointed 16.12.21)
**Company registration number** 06306299
**Charity registration number** 1121228
## **Registered office**
2 Wych Elm Harlow Essex CM20 1QP
## **Company secretary**
## **Independent examiner**
Wilton Lyndon Ltd T/A Mansell & Co. Chartered Certified Accountants 5 Ducketts Wharf South Street Bishop’s Stortford Herts CM23 3AR
**Page 1**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Chief Executive Officers Report for the Year Ended 31 July 2022**
## **2021-2022 Summary**
This year has enabled us to focus more on being pro-active to issues rather than reactive to the uncertain circumstances of the past 2 years. We have sought feedback from our stakeholders and adapted and developed elements of our project to meet current needs that help us achieve our mission.
In the past year we have seen 238 new clients, this is 20% decrease on the previous year. Evictions have been low due to regulations implemented by government in response to the pandemic and the backlog of court cases. Unfortunately, many new clients have presented with more complex needs.
In addition to our new clients, we have continued to provide support and advice for 400 existing clients. 2,901 contacts with existing clients were made during this financial year. These figures are again a reduction on last year, with the implementation of the Critical Time Intervention model we are able to work with our clients far more effectively.
A big thank you to The Chocolate Run, Essex Community Foundation and our wonderful corporate supporters Astro Lighting for funding the garden room at the Step2 project which was finally completed and has been enjoyed by many since it opened. We would also like to thank Father James Rodley for funding the patio area.
To celebrate the garden room and to thank everyone involved in the success of the Step2 project we held an open day at the cottages which was enjoyed by our residents and staff. We are very grateful to everyone who came along including our partners, CEO of HTS, Harlow council staff, our corporate supporters, volunteers and our supporters from the community. We are very grateful to Anthony Fox and the Rapid Relief Team for providing food and refreshments on the day, very much enjoyed by all.
We have received support from so many individuals, businesses and organisations we cannot list all of them, but we are truly grateful for all the support we receive.
## **What was achieved during the year?**
Data for 2021-2022 238 new clients 63 housed in the private rented sector 87 prevented from becoming homeless 5 reconnected to the area they have established link and offer of accommodation
23 housed in the Step2 Project
32 referred to external supported housing provider
The chart below highlights that prevention interventions are effective; it is far better to prevent homelessness in the first place.
**Page 2**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Chief Executive Officers Report for the Year Ended 31 July 2022**
**----- Start of picture text -----**
Relief and Prevention of Homelessness 2021-2022
16
14
12
10
8
6
4
2
0
Aug-21 Sep - 21 Oct - 21 Nov - 21 Dec - 21 Jan - 22 Feb - 22 Mar-22 Apr 22 May-22 Jun-22 Jul - 22
Housed in PRS Preventions
Reconnected Exertnal supported Accommodation
Step 2 (Bromley Cottages)
**----- End of picture text -----**
## Overview of Need / Activity 2021-2022
**----- Start of picture text -----**
40
35
30
25
20
15
10
5
0
Aug-21 Sep - 21 Oct - 21 Nov - 21 Dec - 21 Jan - 22 Feb - 22 Mar-22 Apr 22 May-22 Jun-22 Jul - 22
New clients Home visits Street visits Rough sleepers
**----- End of picture text -----**
Rough sleeping numbers have remained low this year. In fact for 2 nights of the year we did not have any rough sleepers – a real achievement. Unfortunately, this is not a trend that is continuing. Towards the end of the year we started to see numbers rise as you can see by the chart. The number of street visits in comparison to the number of rough sleepers is often relational to the rough sleepers complex needs.
I would like to say a big thank you to all our supporters, partners, volunteers, trustees, staff and clients for being so wonderful and making this organisation such an honour to be part of.
Kerrie Eastman
**Page 3**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Trustees’ Annual Report for the Year Ended 31 July 2022**
The Trustees, who are also directors of the charity for the purposes of the Companies Act, present their annual report together with the financial statements of the charity for the year 1 August 2021 to 31 July 2022. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company’s governing document and the provisions of the Statement of Recommended Practice (SORP), applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) as amended by Update bulletin (effective 1 January 2015).
Since the charitable company qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013 is not required.
The Trustees, who are also the directors for the purpose of Company Law, and who served during the year were:
Andrew Winders - Chair Madeleine Glaisher – Vice Chair (appointed 01.03.22) Paul Bartlett – Treasurer Rachel Bartlett Lucy Holmes Emma Knewstub (appointed 16.12.21)
## **Objectives and Activities**
## **a. Policies and objectives**
The charity’s aims are to relieve poverty by the provision of advice, information, and practical support particularly to homeless persons unable to provide their own accommodation because of their economic, social or health circumstances.
## **b. Mission statement**
Steets2Homes provides holistic and practical support to individuals without homes and those at risk of becoming homeless. By working to remove barriers to housing and other opportunities, we provide an environment which enables those to feel safe and secure, empowering them to take control of their life and future.
This is delivered through the provision of a safe and friendly environment which enables resolutions for those facing housing difficulties or those without homes. We provide individualised services to meet both immediate and long-term needs. We believe everyone has the right to a home and opportunities to achieve their full potential free from discrimination ensuring everyone is treated with dignity and respect.
The Board of Trustees administers the charity and meets regularly. Certain individuals have particular areas of expertise and therefore responsibilities such as housing law, finance and human resources.
The employed Chief Executive Officer of Steets2Homes is appointed by the Trustees to manage the day-to-day operations of the charity and has an agreed level of delegation for operational matters including vision and direction, finance, and performance related activity. The Chief Executive Officer is responsible for ensuring that the charity delivers the services specified, the key performance indicators are met and to supervise and lead the staff and volunteers.
## **c. Public benefit**
Streets2Homes will continue to take its responsibilities of ensuring that its charitable activities contribute a great deal to the lives of those within Harlow and the overall area of benefit. With reference to the Charites Act 2006 all our charitable activities are directed towards having a lifelong impact on the local area and these activities are undertaken to further our charitable purposes for the public benefit. The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities and setting policy for the year.
**Page 4**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Trustees’ Annual Report for the Year Ended 31 July 2022**
## **d. Staff**
The biggest asset of any organisation is its staff. We are very fortunate in having a professional and compassionate team led by Kerrie Eastman, our Chief Executive Officer. She is an inspiring and experienced leader with excellent inter-personal skills and a commitment to continuous improvement in all areas of our activity. The team are all focused on improving the lives of our clients and take every opportunity to promote the organisation within the various sectors of Harlow’s community. As well as working closely with our local authority Streets2Homes is a major contributor to the Harlow Homeless Prevention Partnership and many other multi agency forums which comprise of representatives from both the statutory and voluntary sectors.
The Chief Executive Officer is the only member of staff designated as key management - the arrangements for setting the pay of key management are in line with a charity of this size whereby benchmarks of similar sized charities are used for comparison and also linked to the annual appraisal process.
A high priority is staff training to build on their skills in supporting clients and identifying their barriers into society. Members of the team have attended a number of conferences and forums to represent Streets2Homes and to exchange good practice.
We could not provide the welcoming and friendly service without our volunteer team who provide invaluable services such as hosting our clients, meeting their basic needs by providing clothing and equipment, cooking and cleaning and friendship. Training at different levels is provided to all our volunteers, some of whom are former clients who are able to gain voluntary work experience helping them move back into work.
## **Achievements and performance**
## **a. Fundraising**
The charity understands its duty to protect the public, including vulnerable people, from unreasonable intrusive or persistent fundraising approaches, and undue pressure to donate. The charity does not use any internal fundraisers or external fundraising agencies for either telephone or face to face campaigns. The charity received no fundraising complaints in the year.
## **Financial review**
## **a. Going concern**
The Trustees have assessed our finances and operations for the coming year. Cash flow forecasts and budget projections have been reviewed and the Board of Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, it continues to adopt the going concern basis in preparing the financial statements.
## **b. Reserves policy**
The Trustees regularly undertake a review of the financial activities to ensure the charity has sufficient reserves in order to operate in both the short and longer term. The past year has been particularly challenging and given the charity’s main source of funding at the moment is a large government grant the Trustees have determined that the appropriate level of reserves should be approximately twelve months expenditure to allow us to continue to run services while sourcing other funds.
The charity’s reported level of free reserves (total funds less the amount held in fixed assets and restricted funds) is £373,921. Within this figure we have ‘designated’ £71,643 to the Pathway Project contingency fund and a further £62,719 ideally towards setting up a further accommodation/crash pad type project in the coming year should our funding position permit. The level of free reserves is considered to be adequate to meet the charity’s immediate needs given the uncertainties around securing grant funding.
**Page 5**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Trustees’ Annual Report for the Year Ended 31 July 2022**
## **Structure, governance and management**
## **a. Constitution**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **b. Method of appointment or election of Trustees**
The Board of Trustees carries out regular reviews to identify any gaps in the knowledge and experience of our Board needs to further Streets2Homes work. Potential new trustees are required to submit an application form, and if taken forward they are then invited to attend a Board meeting, following which they attend an interview, and if both parties are happy and willing to continue, their application is submitted to the next scheduled trustees meeting for confirmation of appointment. Induction involves a tour of the premises, attending meetings with beneficiaries, staff and other key stakeholders. New trustees are provided with access to relevant policy and procedure documents that are appropriate to the role they undertake as trustees.
## **c. Risk management**
We, in collaboration with the Chief Executive Officer, continue to assess, review and plan for all risks the organisation may face now and in the future. All new projects and activities developed and run by Streest2Home undergo a risk assessment before they begin. This process highlights awareness to the potential risks faced and will assist with the development of robust contingency plans.
The trustees have identified the risks to which the charity is exposed and have implemented procedures to manage those risks. The risk of the charity are reviewed at Trustee meetings on a regular basis.
## **d. Trustees**
Throughout the year the Board of Trustees met regularly with the Chief Executive Officer to hear feedback on the current issues, to review progress against our three-year strategic plan and accompanying action plans which guides our work through to 2023, to review the charity’s finances and to make decisions as and when required.
We were joined as trustees by Emma Knewstub in December 2021 and very much look forward to working with her going forward.
Madeleine Glaisher was appointed Company Secretary in March 2022
All in all the Trustees have had a very busy year, and along with the CEO have had to learn and adapt to different ways of working to ensure the charity continues to flourish.
## **Plans for the future**
As the number of people, we are hosing increases so does the need to support them to maintain their tenancies, ensure they continue to build on the skills and progress they have made and to avoid a revolving door situation. We hope to be able to develop and implement more specialised services for those who have complex needs and/or who are difficult to house. We are committed to increasing opportunities for our clients and reducing the number of rough sleepers. We are actively looking to secure another property to enable us to provide supported accommodation for those who have exhausted other housing options and are most at risk of rough sleeping.
**Page 6**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Trustees’ Annual Report for the Year Ended 31 July 2022**
## **Statement of Trustees’ responsibilities**
The Trustees (who are also the directors of the charity for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgements and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities
Approved by order of the members of the Board of Trustees on 1 March 2023 and signed on their behalf by:
P J Bartlett (Mar 7, 2023 22:34 GMT)
Paul Bartlett – Treasurer
**Page 7**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Independent Examiner’s Report for the Year Ended 31 July 2022**
## **Independent examiner’s report to the trustees of Streets2Home (‘the charity’)**
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 July 2022.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner’s statement**
Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants (ACCA), which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 386 of the 2006 Act other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charity’s trustees those matters that I am required to state to them in an Independent Examiner’s Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work or for this report
## Stephen Pinder
Stephen Pinder (Mar 8, 2023 08:51 GMT)
Stephen Pinder FCCA MAAT Mansell & Co Chartered Certified Accountants 5 Ducketts Wharf South Street Bishop's Stortford Hertfordshire CM23 3AR
Date: 1 March 2023
**Page 8**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Statement of Financial Activities (including Income & Expenditure Account)**
## **for the Year Ended 31 July 2022**
|**Income from:**
Donations and legacies
Relief of poverty
Other trading activities
Investment income
**Total income**
**Expenditure on:**
Raising funds
Relief of poverty
**Total expenditure**
**Net income / (expenditure)**
Transfers between funds
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**31.07.22**
**31.07.21**
**Unrestricted**
**Restricted**
**Total**
**Total**
**funds**
**funds**
**funds**
**funds**
Notes
£
£
£
£
48,515
10,862
59,377
36,619
-
368,964
368,964
187,800
2
516
-
516
4,862
3
45,085
_______
20
_______
45,105
_______
51,610
_______
94,116
_______
379,846
_______
473,962
_______
280,891
_______
80
-
80
96
51,454
_______
274,008
_______
325,462
_______
362,070
_______
51,534
_______
274,008
_______
325,542
_______
362,166
_______
42,582
105,838
148,420
(81,275)
9
(22)
_______
22
_______
-
_______
-
_______
42,560
105,860
148,420
(81,275)
331,361
_______
98,653
_______
430,014
_______
511,289
_______
373,921
======
204,513
======
578,434
======
430,014
======|
|---|---|
The above results were derived from continuing operations.
The charity has no recognised gains or losses for the year other than the results above.
**Page 9**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **(Registration Number 06306299) Balance Sheet as at 31 July 2022**
|**Current assets**
Debtors
Cash at bank and in hand
**Creditors:**Amounts falling due within one year
**Net current assets**
**Net assets**
**Charity funds**
Unrestricted funds
Restricted funds
**Total funds**|**2022**
**2021**
Notes
£
£
£
£
7
78,512
318
502,779
_______
444,989
_______
581,291
445,307
8
(2,857)
_______
(15,293)
_______
578,434
_______
430,014
_______
578,434
======
430,014
======
9
373,921
331,361
204,513
_______
98,653
_______
578,434
======
430,014
======|
|---|---|
For the financial year ending 31 July 2022 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006.
## Trustees’ responsibilities:
- The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006; and
- The Trustess acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to charitable companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the Board of Trustees on 1 March 2023 and signed on its behalf by:
P J Bartlett (Mar 7, 2023 22:34 GMT)
Paul Bartlett – Treasurer
**Page 10**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Notes to the Unaudited Financial Statements for the Year Ended 31 July 2022**
## **1. Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principle accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
These financial statements have been prepared in accordance with the Charities SORP (FRS 102) – ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective January 2019)’, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
The financial statements have been prepared using the historic cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
## **Income**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. The following policies are applied to particular categories of income:
Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
Investment income is included when received.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **Tax**
The charity is exempt from corporation tax on its charitable activities.
## **Debtors**
Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value
## **Creditors**
Creditors are recognised where the charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount.
**Page 11**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Notes to the Unaudited Financial Statements for the Year Ended 31 July 2022**
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Investment income, gains and losses are allocated to the appropriate fund.
## **Defined contribution pension obligation**
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
## **Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially settled at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2. Other trading activities**
|**2.**
**Other trading activities**||
|---|---|
||**2022**
**2021**|
||**£**
**£**|
|Fundraising events|516
4,862|
|**3.**
**Investment income**||
||**2022**
**2021**|
||**£**
**£**|
|Rents received|44,983
51,458|
|Deposit account interest|122
152|
||45,105
51,610|
**4. Net income/(expenditure)**
Net income/(expenditure) is stated after charging/(crediting):
||**2022**
**2021**|
|---|---|
||**£**
**£**|
|Independent examiners fees|2,000
1,764|
## **5. Trustees’s remuneration and benefits**
There were no Trustees’ remuneration or other benefits for the year ended 31 July 2022 nor for the year ended 31 July 2021.
## **Trustees’ expenses**
There were no Trustees’ expenses paid for the year ended 31 July 2022 nor for the year ended 31 July 2021.
## **Key management personnel**
The charity considers its key management personnel to consist of the Trustees and Chief Executive Officer. Key personnel remuneration consisted of gross pay £44,643 (2021: £43,554), employer’s NI contribution £5,081 (2021: £4,795) and employer’s pension contribution £1,152 (2021: £1,119).
**Page 12**
## **Notes to the Unaudited Financial Statements for the Year Ended 31 July 2022**
## **6. Staff costs**
|**6.**
**Staff costs**||
|---|---|
||**2022**
**2021**|
||**£**
**£**|
|Wages and salaries|208,535
193,058|
|Social security costs|13,019
12,652|
|Otherpension costs|4,111
3,204|
||225,665
208,914|
|The average monthly number of employees during the year was as follows:||
||
**2022**
**2021**|
|Full-time equivalents|9
8|
|No employee received emoluments in excess of £60,000.
**7.**
**Debtors**||
||**2022**
**2021**|
|**Current**|**£**
**£**|
|Prepayments and accrued income|78,512
-|
|Other debtors|-
318|
||78,512
318|
|**8.**
**Creditors**
**Creditors: amounts falling due within one year**||
||**2022**
**2021**|
||**£**
**£**|
|**Due within one year**||
|||
|Savings account|-
13,115|
|Accruals and deferred income|2,000
1,764|
|Other creditors|857
414|
||2,857
15,293|
**Page 13**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Notes to the Unaudited Financial Statements for the Year Ended 31 July 2022**
## **9. Movement in funds**
|**9.**
**Movement in funds**||
|---|---|
||**Net**
**Transfers**|
||**Balance at**
**movement**
**between**
**Balance at**|
||**01.08.21**
**in funds**
**funds**
**31.07.22**|
||**£**
**£**
**£**
**£**|
|**Unrestricted funds**||
|||
|General fund|209,978
29,603
(22)
239,559|
|Pathway project contingency fund|58,664
12,979
-
71,643|
|New accommodationproject|62,719
-
-
62,719|
|||
||331,361
42,582
(22)
373,921|
|**Restricted funds**||
|ASDA foundation|345
(345)
-
-|
|Astro lighting|10,980
(1,950)
-
9,030|
|Domestic abuse accommodation budget fund|650
-
-
650|
|Domestic abuse personal / household budget|131
(120)
-
11|
|The Halcrow foundation|820
(820)
-
-|
|Harlow council|11,114
4,175
-
15,289|
|Harlow accommodation budget|36,695
(1,743)
-
34,952|
|HSBC bank funding|309
(331)
22
-|
|Lloyds bank funding|2,408
(2,408)
-
-|
|Pathways project fund|31,336
86,922
-
118,258|
|Personal budgets for pathways|1,292
21,403
-
22,695|
|Places 4 people impact fund|-
3,333
-
3,333|
|Other restricted funds|2,285
(2,218)
-
67|
|Harlow council severe weather provision|228
-
-
228|
|Toilet refurbishment fund|60
(60)
-
-|
|||
||98,653
105,838
22
204,513|
|||
|**Total funds**|430,014
148,420
-
578,434|
**Page 14**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Notes to the Unaudited Financial Statements for the Year Ended 31 July 2022**
## **9. Movement in funds – continued**
Net movement in funds, included in the above are as follows:
||**Net**|
|---|---|
||**Incoming**
**Resources**
**movement**|
||**resources**
**expended**
**in funds**|
||**£**
**£**
**£**|
|**Unrestricted funds**||
|||
|General fund|49,132
(19,529)
29,603|
|Pathway project contingency fund|44,983
(32,004)
12,979|
|New accommodationproject|-
-
-|
|||
||94,115
(51,533)
42,582|
|**Restricted funds**||
|ASDA foundation|-
(345)
(345)|
|Astro lighting|10,762
(12,712)
(1,950)|
|Domestic abuse accommodation budget fund|-
-
-|
|Domestic abuse personal / household budget|-
(120)
(120)|
|The Halcrow foundation|-
(820)
(820)|
|Harlow council|10,000
(5,825)
4,175|
|Harlow accommodation budget|26,472
(28,215)
(1,743)|
|HSBC bank funding|-
(331)
(331)|
|Lloyds bank funding|-
(2,408)
(2,408)|
|Pathways project fund|304,859
(217,937)
86,922|
|Personal budgets for pathways|23,654
(2,251)
21,403|
|Places 4 people impact fund|4,000
(667)
3,333|
|Other restricted funds|100
(2,318)
(2,218)|
|Harlow council severe weather provision|-
-
-|
|Toilet refurbishment fund|-
(60)
(60)|
|||
||379,847
(274,009)
105,838|
|||
|**Total funds**|473,962
(325,542)
148,420|
**Page 15**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Notes to the Unaudited Financial Statements for the Year Ended 31 July 2022**
## **9. Movement in funds – continued**
Comparatives for movement in funds
||**Net**
**Transfers**|
|---|---|
||**Balance at**
**movement**
**between**
**Balance at**|
||**01.08.20**
**in funds**
**funds**
**31.07.21**|
||**£**
**£**
**£**
**£**|
|**Unrestricted funds**||
|||
|General fund|67,833
12,412
129,733
209,978|
|Pathway project contingency fund|45,839
23,311
(10,486)
58,664|
|Contingency fund|130,001
(2,440)
(127,561)
-|
|Homeless essentials items|4,117
-
(4,117)
-|
|Repairs and maintenance|1,921
(801)
(1,120)
-|
|Co-op fund|568
(568)
-
-|
|Kerr art project|33
(33)
-
-|
|New accommodationproject|65,329
(2,610)
-
62,719|
|||
||315,641
29,271
(13,551)
331,361|
|**Restricted funds**||
|Essex community foundation|10,000
(10,000)
-
-|
|Chocolate run fund for Bromley cottage garden room|15,000
(15,000)
-
-|
|NET fund via Essex community foundation|591
(591)
-
-|
|Domestic abuse project fund|17,936
(17,936)
-
-|
|Essex county council locality fund|-
-
-
-|
|Essex county council winter relief|-
-
-
-|
|ASDA foundation|503
(158)
-
345|
|Astro lighting|13,567
(2,587)
-
10,980|
|Domestic abuse accommodation budget fund|4,001
(3,351)
-
650|
|Domestic abuse personal / household budget|131
-
-
131|
|The Halcrow foundation|820
-
-
820|
|Harlow council|9,702
1,412
-
11,114|
|Harlow accommodation budget|35,357
(12,213)
13,551
36,695|
|HSBC bank funding|-
309
-
309|
|Lloyds bank funding|6,270
(3,862)
-
2,408|
|Pathways project fund|75,049
(43,713)
-
31,336|
|Personal budgets for pathways|3,837
(2,545)
-
1,292|
|Places 4 people impact fund|-
-
-
-|
|Other restricted funds|2,185
100
-
2,285|
|Harlow council severe weather provision|610
(382)
-
228|
|Toilet refurbishment fund|89
(29)
-
60|
|||
||195,648
(110,546)
13,551
98,653|
|||
|**Total funds**|511,289
(81,275)
-
430,014|
**Page 16**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Notes to the Unaudited Financial Statements for the Year Ended 31 July 2022**
## **9. Movement in funds – continued**
Comparatives net movement in funds, included in the above are as follows:
||**Net**|
|---|---|
||**Incoming**
**Resources**
**movement**|
||**resources**
**expended**
**in funds**|
||**£**
**£**
**£**|
|**Unrestricted funds**||
|||
|General fund|30,098
(17,686)
12,412|
|Pathway project contingency fund|51,267
(27,956)
23,311|
|Contingency fund|74
(2,514)
(2,440)|
|Homeless essentials items|-
-
-|
|Repairs and maintenance|-
(801)
(801)|
|Co-op fund|-
(568)
(568)|
|Kerr art project|-
(33)
(33)|
|New accommodationproject|-
(2,610)
(2,610)|
|||
||81,439
(52,168)
29,271|
|**Restricted funds**||
|Essex community foundation|-
(10,000)
(10,000)|
|Chocolate run fund for Bromley cottage garden room|-
(15,000)
(15,000)|
|NET fund via Essex community foundation|-
(591)
(591)|
|Domestic abuse project fund|-
(17,936)
(17,936)|
|Essex county council locality fund|2,000
(2,000)
-|
|Essex county council winter relief|1,080
(1,080)
-|
|ASDA foundation|1
(159)
(158)|
|Astro lighting|11,532
(14,119)
(2,587)|
|Domestic abuse accommodation budget fund|-
(3,351)
(3,351)|
|Domestic abuse personal / household budget|-
-
-|
|The Halcrow foundation|-
-
-|
|Harlow council|10,000
(8,588)
1,412|
|Harlow accommodation budget|20,906
(33,119)
(12,213)|
|HSBC bank funding|444
(135)
309|
|Lloyds bank funding|20,000
(23,862)
(3,862)|
|Pathways project fund|127,968
(171,681)
(43,713)|
|Personal budgets for pathways|3,032
(5,577)
(2,545)|
|Places 4 people impact fund|2,389
(2,389)
-|
|Other restricted funds|100
-
100|
|Harlow council severe weather provision|-
(382)
(382)|
|Toilet refurbishment fund|-
(29)
(29)|
|||
||199,452
(309,998)
(110,546)|
|||
|**Total funds**|280,891
(362,166)
(81,275)|
**Page 17**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Notes to the Unaudited Financial Statements for the Year Ended 31 July 2022**
## **15. Related party transactions**
There were no related party transactions for the year ended 31 July 2022.
**Page 18**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Detailed Statement of Financial Activities for the Year Ended 31 July 2022**
||**2022**|**2021**|
|---|---|---|
||**£**|**£**|
|**Income**|||
|**Donations and legacies**|||
|Donations|59,377|33,639|
|Donated services and facilities|-|2,980|
||59,377|36,619|
|**Other trading activities**|||
|Fundraising events|516|4,862|
|**Investment income**|||
|Rents received|44,983|51,458|
|Deposit account interest|122|152|
||45,105|51,610|
|**Charitable activities**|||
|Deposits repaid|6,452|5,168|
|Grants|362,512|182,632|
||368,964|187,800|
|**Total incoming resources**|473,962|280,891|
|**Expenditure**|||
|**Raising donations and legacies**|||
|Fundraising costs|(80)|(96)|
|**Charitable activities**|||
|Wages|(208,535)|(193,058)|
|Social security|(13,019)|(12,652)|
|Pensions|(4,111)|(3,204)|
|Rent, rates and services|(9,280)|(9,073)|
|Insurance|(1,392)|(1,087)|
|Telephone|(3,527)|(4,248)|
|Stationery and office costs|(2,512)|(1,337)|
|Advertising|(425)|(156)|
|Sundries|(620)|(710)|
|Deposits and guarantees|(28,435)|(36,051)|
|Food|(1,215)|(1,405)|
|Maintenance, security, etc|(5,960)|(5,864)|
|Recruitment and training|(3,563)|(4,716)|
|Travel|(1,009)|(400)|
|Volunteer expenses|(383)|(873)|
|Fees and subscriptions|(8,803)|(5,999)|
**Page 19**
## **STREETS2HOMES (A Company Limited by Guarantee)**
## **Detailed Statement of Financial Activities for the Year Ended 31 July 2022**
||**2022**
**2021**|
|---|---|
||**£**
**£**|
|Bank charges|(12)
-|
|Essentials|-
(1,500)|
|Equipment|(253)
(672)|
|Step 2 accommodation project|(19,215)
(31,953)|
|Pathway project expenses|(2,331)
(2,593)|
|Domestic abuse project expense|(720)
(3,155)|
|Covid-19 related expenses|(692)
(3,816)|
|The shack expenses|(3,100)
(35,036)|
|Workshop expenses|(2,932)
-|
|Starterpacks|(1,002)
-|
|||
||(323,126)
(359,558)|
|**Governance costs**||
|||
|Accountancy and legal fees|(2,416)
(2,512)|
|||
|**Total resources expended**|(325,542)
(362,166)|
|||
|||
|**Net income/(expenditure)**|148,420
(81,275)|
**Page 20**
Final Audit Report 2023-03-08
## Streets2Homes - Final Accounts 31 July 2022
Created: 2023-03-01 By: Darren White (DARREN@MANSELLANDCO.ORG) Status: Signed Transaction ID: CBJCHBCAABAAC5a-5uV0gZRhdG2uTcrQDxOlcSHygsCj
## "Streets2Homes - Final Accounts 31 July 2022" History
- Document created by Darren White (DARREN@MANSELLANDCO.ORG) 2023-03-01 - 06:50:52 GMT
- Document emailed to paul.bartlett@streets2homes.co.uk for signature 2023-03-01 - 06:51:50 GMT
Email viewed by paul.bartlett@streets2homes.co.uk
- 2023-03-07 - 22:32:45 GMT
- Signer paul.bartlett@streets2homes.co.uk entered name at signing as P J Bartlett 2023-03-07 - 22:34:20 GMT
- Document e-signed by P J Bartlett (paul.bartlett@streets2homes.co.uk) Signature Date: 2023-03-07 - 22:34:22 GMT - Time Source: server
- Document emailed to stephen@mansellandco.org for signature 2023-03-07 - 22:34:24 GMT
- Email viewed by stephen@mansellandco.org
- 2023-03-08 - 08:50:28 GMT
- Signer stephen@mansellandco.org entered name at signing as Stephen Pinder 2023-03-08 - 08:51:11 GMT
- Document e-signed by Stephen Pinder (stephen@mansellandco.org) Signature Date: 2023-03-08 - 08:51:13 GMT - Time Source: server
Agreement completed.
- 2023-03-08 - 08:51:13 GMT