Charity Registration No. 1122040 Company Registration No. 06402176 (England and Wales) THE OPEN DOOR (TAUNTON) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Lentells Chartered Certified Accountants
THE OPEN DOOR (TAUNTON) LEGAL AND ADMINISTRATIVE INFORMATION Trustees Dr J M Sladden S Farnham S R Peeler A Davis J Thomson L Richmond (Appointed 12 May 2025) Charity number 1122040 Company number 06402176 Principal address la Mount Street Taunton Somerset TA13QB Registered office Ash House Cook Way Bindon Road Taunton Somerset TA2 6BJ
THE OPEN DOOR (TAUNTON) CONTENTS Page Trustees, report Independent examiner's report Stat8m8nt of financial activities Balance sheet Notes to the financial statements 7-14
J M Farkas Countersigned on 14 November 2025 @ 12:05
THE OPEN DOOR (TAUNTON) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in nole 1 to the financial statements and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordanGe with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021" (éffective 1 January 20191. Objectlves and actlvltles The objects of the charity, as set out in the governing document are.. To relieve need, hardship, or distress within Taunton, in the County of Somerset, providing shelter and associated facilities and providing care, meals and such Other similar benefits as are from time to time considered lo be appropriate for persons who have need of such by reason of their situation in life. We welcome anyone who is homeless in the Taunton area and in need of a regular and consistenl source of practical help not available elsewhere, regardless of personal background, faith, gender, age, or personal circumstances. The charity is very reliant on help from our many volunteers, and we wish to thank all those who donate their time, expertise, and money for the benefit of clients who come lo our Centre. The trustees have paid due regard to guidan issued by the Charity Commission in deciding what activities the Charity should undertake. Achievements and parformance During the financial year 2024125 the day centre remained open for 52 weeks to support people who were rough sleeping and those who were newly homeless. During the year we have continued to support clients with highly complex needs, and like the previous year, we have seen an increase in the proportion of clients with multiple needs. We work closely with partner agencies to support and maximise outcomes for our clients. Throughout th8 year we supported a total of 259 Individual clients and served over 5000 meals. 370 show8rs were taken and over 200 loads of laundry were done. We supplied ov8r 1000 Big Issue magazines to authorised vendors. As a first slep lowards finding accommodalion the centre signposted over 100 clients to the council rough sleeping leam. Visiting professionals provided valuable support for the clients at the centre (Nurse had 240 consultalions, Doctor had 140 consultations. and podiatrist saw 23 clients). Local organisations provided dependency help for 100 and psychological help for 46 clients. A local hairdresser provided free haircuts for 16 homeless people. After reviewing our strategy documenl, we enhanced and improved our policies and proGedures such as employing contractors, use of OneDrivelMicrosoft 365, food hygiene training and crealed an improved database of the support services that we offer to clients.
THE OPEN DOOR (TAUNTON) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 New job descriptions of staff roles were designed to align with the support needs of our clients. To cover a period of insufficient staffing one of our trustees offered to cover the role of support worker. Permission was granted by the Charity Commission for this temporary cover on condition that we amended article 5 of the Memorandum and Articles ofAssoGiation. The Trustee earned £4,226 during this period of temporary Gover. A start was made on the first phase of the extensive repairs required for our 140-year-old premises. This involved investigations, SUNeys, planning approvals and urgent repairs to the roof. Major refurbishment of one of our flats will be completed towards the end of 2025. The scope of this project continues to be a major focus and will progress in stages, well beyond the current financial year12024-25). Flnanclal revléw The charity is reliant on the £15,000 per annum we receive from Somerset CounGiI and the regular and ad hoc financial support we receive from many individuals, local churches and organisations. During the year, the Charity benefilted from corporate donations from Taylor Woodrow, Vital Hair and Class Publishing. We are also very grateful for th8 Steady supply of donated food, cloth8s and bedding that comes through our door every week. We estimate that the value of donated goods received in the year is in the region of £5,000. In October 2023, the charity launched a Roof Appeal campaign via its online giving platform ICAF), backed up by social media. We were delighted to announce that the campaign exceeded our expectations and topped the £50,000 target sel with over £42,000 alone from significant donations by a number of private and Charilable Trusts. The majority of this restricleé funding was rolled over lo be spent on phase 2 of Ihe roof project during the financial year 2025126. There was a surplus for the year of unrestricled fund5 of £7,278 a decrease of £7,268 on the previous year. In view of Ihe financial commilmenls and the uncertain nalure of voluntary donations, Ihe trustees consider that free reserves equal to twelve months of normal expenditure are necessary. This equated to £146,000 based on the budgel for the year to 31 March 2025. Free reserves are those reserves not lied up in fixed assets or in restricted funds or in funds designaled by the trustees for a specific purpose. The level of the free reserves at 31 March 2025 amounted to £252,440. Structure> governance and management The charity is a charitable company limited by guarantee registered on 18 December 2007 under charily number 1122040. The governing document is the company's Memorandum and Articles of Association drafted 17 October 2007. Responsibility for setting policy and for determining the parameters within which the charity should operate rests with the trustees who meet regularly to monitor the activities of the charity. The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were.. Dr J M Sladden S Farnham S R Peeler A Davis J Thomson C Richmond L Richmond (Resigned 5 June 20251 (Appointed 12 May 20251
Jonathan Sladden Signed on 14 November 2025 @ 09:07
THE OPEN DOOR (TAUNTON) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Notes Income from: Donations and legacies Investments Other material income 109,059 1,995 26,490 49,035 158,094 1,995 26,490 81,034 1,678 27,195 51,738 132,772 1,678 27,195 Total income 137,544 49,035 186,579 109,907 51,738 161,645 Expenditure on: Charitable activities Other expenditure 122,653 7,613 27,701 150,354 7,613 91,001 4,360 67,197 158,198 4,360 11 Totsl expendlture 130,266 27,701 157,967 95,361 67,197 162,558 Net In¢omellexpendlture) and movement In funds 7,278 21,334 28,612 14,546 115,4591 19131 Reconclllatlon of funds: Fund balances at 1 April 2024 483,850 166,516 650,366 469,304 181,975 651,279 Fund balances at 31 March 2025 491,128 187,850 678,978 483,850 166,516 650,366 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
Jonathan Sladden Signed on 14 November 2025 @ 09:07
THE OPEN DOOR (TAUNTON) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Charlty Informatlon The Open Door (Taunton) is a private company limited by guarantee incorporated in England and Wales. The registered office is Ash House, Cook Way, Bindon Road, Taunton, Somerset, TA2 6BJ. 1.1 Basis of preparation The financial statements have been prepared in accordance with the charily's Memorandum and Articles of Association, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102") and the Charities SORP "Accounting and Reporting by Charities- Statement of Recommended Practice applicable lo charities preparing their accounts in aGGordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a Stalement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monelary amounts in thes8 financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are sel out below. 1.2 Going concern At the time of approving the financial stalemenls, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial stalement5. 1.3 Charltable funds Unreslricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Designaled funds comprise funds which have been sel aside at the discretion of Ihe trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements. Restricted funds are subj8Ct to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricled funds are sel oul in Ihe noles to the financial statements. 1.4 Income Income is recognised when the Gharity is legally entitled to it after any performance Gonditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donalions received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amounl is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. Government grants are recognised in the Slatement of Financial Activities when there is reasonable assurance that the charity has complied with the conditions attached to the grant and there is reasonable assurance thal the grant will be received. Granls received that do not have specified performance-related conditions attached will be recognised upon receipt, otheiSe grants will be recognised when the performance related criteria has been met.
THE OPEN DOOR (TAUNTON) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated direGlly to that activity. Shared Gosts which Gontribute lo more than one activity and support costs which are not attributable to a single activity are apportioned between those activilies on a basis consistent with the use of reSoUrs. C8ntral staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to writ8 off th8 Cost or valuation of assets less their r8sidual values ov8r their useful lives on the following bases: Leasehold land and buildings Leasehold improvements Plant and equipment Over 125 years Over 3 years Over 5 years The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Impairment of fixed assets At each reporting end date, the charity reviews the carrying amounts of ils tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indicalion exists, the recoverable amount of the asset is estimated in order to d8termin8 the 8Xtent of the impairment loss (if any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Flnanclal Instruments The charity has elecled to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to reali5e the asset and settle the liability simultaneously.
THE OPEN DOOR (TAUNTON) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipis discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of inleresl. Financial liabilities Glassified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounls payable are classified as current liabilities if paymenl is due wilhin one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's conlraclual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide lerminalion benefits. Critical accounting 8stimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimales and associated assumplions are based on historical experience and other factors that are considered to be relevant. Actual resulls may differ from these eslimates. The eslimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounling estimates are recognised in the period in which the estimate is revised where the revision affects only Ihat period, or in the period of the revision and future periods where the revision affects both current and future periods. Income from Investments Unrestrlcted Unrestrlcted funds funds 2025 2024 Interest receivable 1,995 1,678
THE OPEN DOOR (TAUNTON) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Donatlons and legacles Unrestrlcted Restrlcted funds funds Total Unreslricted funds Restricted funds Total 2025 2025 2025 2024 2024 2024 Donations and gifts Government grants Donated goods and servi$ Tax recoverable 85,536 16,750 49,035 134,571 16,750 60,949 15,000 51,738 112,687 15,000 5,000 1,773 5,000 1,773 3,000 2,085 3,000 2,085 109,059 49,035 158,094 81,034 51,738 132,772 Expendlture on charltsble actlvltles Charltable Charltable expendlture expendlture 2025 2024 Direct costs Staff Gosts Depreciation and impairment Food, drinks and consumables Rates and water Light and heal Waste disposal Property repairs Telephone Mark81ing and communication Sundry expenses Cleaning 65,158 10,142 5,002 1,638 6,200 2,570 41,578 544 2,482 580 9,945 60,653 19,327 4,856 1,283 3,465 2,207 50,264 594 2,338 425 8,651 145,839 154,063 Share of support and governance costs (see note 6) Support Governance 1,870 2,645 1,565 2,570 150,354 158,198 Analysis by fund Unrestricted funds Restricted funds 122,653 27,701 91,001 67,197 150,354 158,198 10-
THE OPEN DOOR (TAUNTON) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to actlvltles 2025 2024 Insurance Governance costs 1,870 2,645 1,565 2,570 4,515 4,135 Analysed between: Charitable expenditure 4,515 4,135 Net movement in funds 2025 2024 The net movement in funds is stated after chargingllcreditingl: Fees payable for the independent examination of the charity's financial statements Depreciation of owned tangible fixed assets 10,142 19,327 Trustees Trustee member, S R Peeler, temporarily provided short term cover for a part-time staff vacancy and received £4,226 of remuneration from the charity during the year. No other trustees lor any persons connect8d wilh) r8c8ived any r8muneration or b8n8fits from th8 charity during the year Employees The average monthly number of employees during the year was.. 2025 Number 2024 Number Employment costs 2025 2024 Wages and salaries Other pension costs 62,159 2,999 58,054 2,599 65,158 60,653 There were no employees whose annual remuneration was more than £60,000. 11
THE OPEN DOOR (TAUNTON) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Taxatlon The charity is exempt from taxation on its activities because all its income is applied for charitabl8 purposes. 11 Lettlng of three flats Unrestrlcted Unrestricted funds funds 2025 2024 Management fees and charges Repairs and maintenance Insurance 2,916 3,227 1,470 2,673 644 1,043 7,613 4,360 12 Tangible fixed assets Leasehold Leasehold land and Improvement6 bulldlngs Plant and equlpmènt Total Cost At 1 April 2024 483,254 34,343 44,160 561,757 At 31 March 2025 483,254 34,343 44,160 561,757 Depreciation and impairment At 1 April 2024 Depreciation charged in Ihe year 61,856 3,866 31,246 1,751 31,975 4,525 125,077 10,142 At 31 March 2025 65,722 32,997 36,500 135,219 Carrying amount At 31 March 2025 417,532 1,346 7,660 426,538 At 31 March 2024 421,398 3,097 12,185 436,680 13 Debtors 2025 2024 Amounts falling due within one year: Other debtors 3,869 4,099 12-
THE OPEN DOOR (TAUNTON) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Credltors: amounts falllng due wlthln one year 2025 2024 Trade creditors 2,697 2,293 15 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 Aprll 2024 Incoming resources Resources At 31 March expended 2025 Property refurbishment Staff salaries Equipment SWT S106 Roof repairs 163,239 11,427) 17,000) 161,812 7,000 607 2,670 607 12,670) 116,604) 42,035 25,431 166,516 49,035 127,701) 187,850 Previous year: At 1 April 2023 Incoming resources Resources At 31 March expended 2024 Property refurbishment Shower refurbishment Equipment sv S106 National Lottery Covid remodelling Help the Homeless Roof repairs 164,667 2,000 607 11,854 11,428) 12,000) 163,239 607 2,670 19,184) 135,498) 12,847) 12,000) (14,240) 35,498 2,847 2,000 14,240 181,975 51,738 167,197) 166,516 13-
THE OPEN DOOR (TAUNTON) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Analysls of net assets between funds Unrestricted funds 2025 Restricted funds 2025 Total 2025 Fund balances at 31 March 2025 are represented by: Tangible assets Current assetsl{liabilities) 238,688 252,440 187,850 426,538 252,440 491,128 187,850 678,978 Unrestricted funds 2024 Restricted funds 2024 Total 2024 Fund balances at 31 March 2024 are represented by: Tangible assets Current assetsl{liabilities) 270,164 213,686 166,516 436,680 213,686 483,850 166,516 650,366 17 Deslgnaled funds The unrestricted funds of the charity comprise the unexp8nd8d balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. Movement in funds Incoming Resources resources expended Balanco at 1 Aprll 2023 Transfers Balanco at 1 Aprll 2024 Resourc•s Balanc• at expended 31 March 2025 Prop8rty acquisition Bolier replacements Roof and bell tower repairs 57.649 15241 57,125 1524) 56,601 15,000 (9,9241 (5,0761 31,000 29,796 (4,7961 56,000 56,000 103,649 29,796 (15,2441 (5,0761 113,125 1524) 112,601 18 Related party transactions In the year, S Peeler, temporarily stood down from her role as a Trustee whilst she provided short term cover for a part-time staff vacancy. Total remuneration received amounted to £4,226. Except for this emergency cover of centre staffing, there were no other disclosable related paty transactions during the year (2024 - none). 14-