2023-11-30-accounts - The Homeless Foundation

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	Contents ofthe Financial Statements	Contents ofthe Financial Statements
	for the ear ended 30November	2023
				Page
Report ofthe Trustees			1	to	4
Independent Examiner's Report
Statement ofFinancial	Activities
Balance Sheet			7	to	S
Notes to the Financial	Statements		9	to	16

	Balance Sheet	Balance Sheet
	30November	2023
			2023	2022
			Unrestricted	Total
			fund	funds
	Notes
FIXEDASSETS
Tangible assets	12		1,155	1,540
Investments
Investment property	13		580,000	580,000
Social investments	14		838 606	831 539
			1,419,761	1,413,079
CURRENT ASSETS
Debtors	15		1,580	1,872
Cash at bank			361236	315849
			362,816	317,721
CREDITORS
Amounts falling due within one year	16		(4,899)	(7,284)
NET CURRENT ASSETS			357917	310437
TOTAL ASSETSLESSCURRENT	LIABILITIES		1,777,678	1,723,516
NET ASSETS			1 777 678	1 723 516
FUNDS	17
Unrestricted funds			1 777678	1 723 516
TOTAL FUNDS			1 777 678	1,723,516

			Notes to the	Notes to the	Financial Statements -	continued
				for the	ear ended 30November	2023
3.	DONATIONS AND LEGACIES
							2023	2022
	Donations	including gift	aid				721	600
4.	INVESTMENT INCOME
							2023	2022
	Income from properties						24,685	20,578
	Deposit account interest						~4911	528
							~29 596	~21 106
5.	INCOME	FROM CHARITABLE		ACTIVITIES
							2023	2022
			Activity
	Income from properties		Provision of		housing for the homeless		~39 7S4	~39 784
6.	RAISING	FUNDS
	Investment	management	costs
							2023	2022
	Rent, rates	and service charge					2,178	1,934
	Letting and	management	fees				3,208	2,754
	Property repairs						~1515	521
							6,901	5,209
7.	CHARITABLE ACTIVITIES COSTS
							Support
						Direct	costs (see
						Costs	note 8)	Totals
	Provision ofhousing for		the homeless			4,930	385	5,315
	Homeless prevention services					~2223	60	~2283
						~7153	445	~7598

SUPPORT	COSTS
							Governance
					Management	Finance	costs	Totals
Other resources expended Provision ofhousing for the homeless					385		1,440	1,440 385
Homeless prevention services						60		60
					385	60	~1440	~1885
Support costs, included		in the above, are		as follows:
							2023	2022
					Provision
					of
				Other	housing	Homeless
			resources		for the	prevention	Total	Total
			expended		homeless	services	activities	activities
Depreciation	oftangible		and
heritage assets					385		385	514
Bank charges						60	60	84
Accountancy	and legal	fees		~1440			~1440	~1500
				~1440	385	60	~1885	~2098
NKT INCOME/(EXPENDITURE)
Net income/(expenditure)			is stated after charging/(crediting):
							2023	2022
Depreciation	- owned assets						385	514

11.	COMPARATIVES	FORTHE STATEMENT OF FINANCIAL ACTIVI	TIES
			Unrestricted
			fund
	INCOME AND ENDOWMENTS FROM
	Donations and legacies		600
	Charitable activities
	Provision ofhousing	for the homeless	39,784
	Investment income		21 106
	Total		61 490
	EXPENDITURE ON
	Raising funds		5,209
	Charitable activities
	Provision ofhousing	for the homeless	14,520
	Homeless prevention	services	3,356
	Other		I 500
	Total		24 585
	NKT INCOME		36,905
	RECONCILIATION	OF FUNDS
	Total funds brought forward		1,686,611
	TOTAL FUNDS CARRIED FORWARD		1,723,516
12.	TANGIBLE FIXED	ASSETS
			Fixtures,
			fittings
			&equipment
	COST
	At 1 December 2022 and 30November 2023		~5209
	DEPRECIATION
	At 1December 2022		3,669
	Charge for year		385
	At 30November 2023		~4054
	NKT BOOKVALUE
	At 30November 2023		~1155
	At 30November 2022		~1540

	Notes to th for the	Notes to th for the	e Financial Statements - continued ear ended 30November 2023
13.	INVESTMENT PROPERTY
	FAIR VALUE
	At 1 December 2022
	and 30November 2023			5$0 000
	NET BOOKVALUE
	At 30November 2023			580,000
	At 30November 2022			580 000
	Fair value at 30November	2023 is represented	by:
	Valuation in 2012			150,000
	Valuation in 2015			70,000
	Valuation in 2021			60,000
	Cost			300 000
				580 000

							Property
							for
							charitable
							use
	Valuation	in 2012					82,209
	Valuation	in 2013					(15,815)
	Valuation	in 2017					27,199
	Valuation	in 2018					(2,800)
	Valuation	in 2019					(9,268)
	Valuation	in 2021					6,720
	Cost						750361
							838 606
15.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
					2023		2022
	Other debtors				992		1,312
	Prepayments and accrued income				588		560
					~1580		~1872
16.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					2023		2022
	Other creditors				2,199		2,199
	Accruals	and deferred	income		~2700		~5085
					~4899		7,284
	Rental income totalling		$300(2022:K2,035)has been deferred to next year,	being the period the income relates to.
17.	MOVEMENT IN FUNDS
					Net
				At	movement		At
				1.12.22	in funds	30.11.23
	Unrestricted funds
	General fund			1,723,516	54,162	1,777,678
	TOTAL	FUNDS		1 723 516	54,162	1	777,678