Charity registration number 1122886 Company regSslratlon numljer 06136023 (England and Wale51 THE SAVIOUR TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
The Saviour Trust Legal and Administrative Information Trustees H Jonas J I Wamelt N McDonald O Percival IApptsinle(110 O¢tob&r 20241 (Appointed 11 November 20241 Senlor management H Iwanuschak Ganeral manager Charlly numbgr 1122886 Company nUMr 06136023 Reg15tered offlce M911¢ Hou$$ Ripley Drive NormDnton Wesl Yorkshir WF6 1QT Audltor 8 M Howarth MeliG House Ripley Drive Nr>rmanlon Wesl Yorkshir& WFf IQT Bank•rs Barclays Bank plc Market Pla¢è Town Centre Leieesler Leicestershire LE87 2BB
The Saviour Trust Contents Paga Trustees, report Ind8p8ndent 8uditor'* réport Statgmont of financial aotivitias Balance sheet Statement of cash flows Notes lo th8 linanclal statèments 9.16
The Saviour Trust Trustees. report Ilncluding director's report) for Ihe year ended 31 August 2024 The Trustees. who are also directors of the charity for the purposes of the Companies Act 2006, present their r8POrt with the audited financial statemenis ol the charity lor the year ended 31 August 2024. Obl4ctlvès and actlvltl*$ The charity exists lo,. 1. FLJrther the welfare ol children. young people and adults in the area of Wesl Yorkshire, especially bul not limited to those viho are homeless or In danger of homel6ssn8ss. k. Vrovide or facilitate the provision of housing, mentonng, counselling, a(Jvisory and welfare services, tsmily care and personal development DPPOrtunities for persons within the benelieAary group. 3, Provldtr 8ssislan¢& lo and s8rvl¢&s lo Ihe horneless with a vlew lo h61ping Ihglr rghabllll8110n, Achlgv9mont$ and porfomian¢g In plannin9 The Saviour Trust's IThe Trust) aotivilies for the year, we kept in mind the Charity Commission's guidance on public beneth'l al our Trustees, meetings, Our main activity is to provide housing and support to those who have become homeless due to larnily breakdovin. poor money management, subslanco rnlsuse. m8nlal health Issues al¢. All service-users are vi51ted in their homes on a weekly basis and expected lo allend a support session al the Centre or a SLlPPOrt Hub,, any Issues regardlng the $8rvl¢8-u8&rs or property org dlscussed al these m88llngs. All properiies gre Inspected weekly and brought Into line with the current fire and health and s8Yety rgjulations. Over the last year tlie Trust has continued to grow lo meet the increasing needs ol often desperate people See.n9 a rool over their head, ond pastoral cgre which the Trust olfers During tlie year, it's housing sIoGk has inGieased by 11 properiies, so Ihal the Tru51 was offiGially Inanaging 285 propertlE5 1558 unilsl. At the end of August 2024, we were ac¢ommod8ting 558 adulls and 55 Children. In Ihe case ol all children housed, the Tru8legs iequire stsff lo provide positive good care veiilicalion weekly. with any suspected or unusual behaviors being escalated to the bcal council family support unil. Klir Iwanuschak ¢ontinuo0 to 08rvo ss Ihe Patron ol the charity. Fln8n¢lal r$vl•w Th8 Trust has enjoyed a suecessful yèar and through dilig8nl financial rnanagemtnl. thè charity's acts'vities have produced a surplus for reinvestment in the Trust's activities of £281,877, gwing serveS at 31 August 2024 01 £2,031.389. Fr•• r•s•rv•8 pollcy Our reserves policy alm Is lo hold free reserv&8 suffi¢lenl to cover our assos$ed level Df financlal risk that could pDlenllally rise to Ihe continuing operalions Irotn any short term or more fundamental business interruption Ihreal. This total risk is assessed at beeen £250,000- £300,000. The Board formally reviews our ri4(5 and reserves polic> and cash holding regularly Ihroughoul the year. Rlsk Managoment The Trustees have a duly tts identify and review the risks lo which the eharily 1$ exptssed and lo ensur& appropriate eonlrols are in place lo provide reasonable assurance against fraud and error. Risk managemenl is considered at all Iruslees iiieeliiigs aiid pio¢edures ale iii pl8Tr lo niotiitoi iisks. the eff¥¢liveii¥ss of tl)ese pro¢e¢urtrs ai)d Coiiliols is rtrviewed regularly.
The Saviour Trust Trustees. report (Including director's report) {continued) for Ihe year ended 31 August 2024 Plans for fvturè p•rlods The Trustees are cornrnitted to continue to build up the operating reserves ol The Trust sc as to protect the sustainability of the Trust in being able lo conlinue lo provide its servic8s. This Includ8s using sorn8 of its reserves. as lh8 Trustees and Management See appropriate, to purchase a limited number ol properties for use by The Trust. By the 31 August 2024 the prop8rtie8 acquired by the Trust lotsled 285. The Trust wlll contlnug to look for furth8r funding opportunitlès so as lo Increasè tha numter of IndSvlduals and famlllès to vihotn The Trust can provide ils serwce5. Slruclure, govemance and management H Jones J I Wornelt N McDonal¢ N Brown D Percival S Kelly Nl J Wllllarnson (Appointèd 10 October 20241 (Resigned 1 September 20241 (Appointed 11 November 20241 IFlgsign8d 7 August 20241 IReslgiie¢ 7 August 20241 R•crultm•nt and appolntm•nt of trust••$ The directors Df the company are also charily trustèes lor the purposès ol ¢h8rity18W 8nd under Ihè company's artidès are known 88 mBmber8 of Ihe Board of Trustees. All members ol the 808rd ol Trustees give their time volunlarlly end recelved no beneflls from the charity In Ihelr ¢apa¢ity as trustees. Mr N Brown. who is a Iruslee, rec8ived remuneration of £12.$3412023.. £12,4551 for work carried out in his capacity as treasurer and Housing Support Officer. Tru81g9È are apptsinled so as tts piovide a ths n8e8&gary range of 8ki118 and gxpgrtisg raquired to gneJJre Ihg sucoessful achievement ol the charitable company's objectives. The Trust board ol Trustees meets on a monthly basis (excluding Decemb8r and August), to review departm8nl reports and Trust-wide performance.
The Saviour Trust Trustees. report (Including director's report) {continued) for Ihe year ended 31 August 2024 Slatèmtnt of Trusl••8' tsspon$lbllltloS The Trustees, who are also the directors ol The trust forthe purpose of company law, are responsible for pparIng the Trustees, Report and lh8 financial staiem8niS in aCCordce with applicable law and Untsd Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Cotnpany L8w requires the Truste to prepare linanGial slalemenls lor each linanoal year which give a true and lair view of the state of affairs ol the charity and of the incoming SOurceS and application of resource5, including the incorne and expandltura, ol tho charitable company for that yèar. In preparing these financial statements. the Trustees are required to.. select suitable 8rLounkn'ng poliGie5 and Ihen apply them consistgnlty,. Ili¥ Iii¥lliud¥ aiid piiri¥ipl¥s iii Ili¥ Cli¥rlli¥¥ SORP, moke judgernenls and estimates that gre reasonable and prudent.. and prepare Ihe financial slaletnenls on the going conrn basi5 unle95 1115 inappropriate lo presume Ihal Ihe Gharily will continug in gpgration. The Trustees are responsible lor keeping 8dequ8le accounting records that disclose with reasonable accuracy al any lirne the financial posits'on ol the charity and cnable thern to ensure that the financial statements comply wrth Ihc Cornpanies Act 2006. They ar8 also responsibl¥ for saleguarding the assets ol the Ghanly and hence lor taking rgasonablg $lep$ lor Ihg revenlion and detection ol fraud and other irregularities Auditor In a¢cord8n¢e wilh Ihe ¢ompony's articles. a resolulign proposing Ihol B M Howgrlh be reappointed 0$ oudilor of Ihe company will be pul 81 a Ggner81 Mg91ing. Disclosure of infomiation to auditor So lar as the trustee5 are aware, there 15 no relevant audit information ol which the company's auditors are unaware and each trugtee has taken all the steps that he or she ought to have taken as a trustee in order lo make himself or herself owore ol any rel8vant inforfflalion and 10 8slablish that th8 cotn?any's audilOl$ ar8 awar8 of Ihal Inlortnalion. The above repori has been prepared in accordance with the provisions applicable lo companies Subject to Ihe small companies regime as sel out in Part 15 01 the Companies Act 2006 and in accordance with the Charities SORP IFRS 1021. Thè Trust88s' rèport was approvéd by thè Board ol Trusi08S, J I Warnett 28 Aprll 2025
The Saviour Trust Independent auditor's report to the Trustees of The Savlour Trusl Oplnlon We have audrted the financial statements ol The Saviour Trusl Ithe'charily'l for the year ended 31 August 2024 which comprise the siaietll8nt of financial 8ctivi118s. Ihe balance sheel. the stat8tnent of cash flows and noles to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their proparatlon Is applIcab law and Unllèd Klngdom AccoLJnting Standards, Including Financial Rèportlng Standard 102 The Financial Reporting Standard applf'cablg in the UK and R8public of Ireland (United Kingdorn Generally Accepted AGcounling Practice). giv8 8 tru& and fair view ol tha slato of thè charitabl& company's affairs as at 31 August 2024 and of ils incoming resources and application ol resources, for ihe year then ended- have been properfy prepared in ac¢ordan¢e with Uniled Kingdom Generally Aepted A¢wunlin9 Pradi¢¢', and hov¢ b¢¢n pr¢porcd in O¢Kfdpncc wrth th¢ r¢quir¢m¢nl8 of tho Cgmponics Act 2006. Ba818 for oplnlon We conducl8d our audft in 8ccordance wilh International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilitie5 under those standards are further described in the Auditors responsibilities forthe 8urlit of the financial slalom¢nts section of our roport. Wo aro Indopondont of ihe Charity in aCrdanCe wilh tho othlcal roquiroments thai are relevant to our audit ol the linancyal slalernenls in the UK. including the FFIC'S Ethical Standard, and we have fulfilled our otrer ethical r8sponslbilitl8s in accordance wllh th858 requir8rn8nts. We b8158ve that th8 audit 8vld8nc• w8 hav8 obtained Is suffidgnl 8tYJ appropriate lo provide a basls for our opinlon. oncluslons r•latlng to golng concern In auditing tha financial statements, wa hav8 eonclud8d that th8 Trustèès, us8 of th8 9olng concern basls ol accounllng in the prepar8lion ol Ihe lin3wial sialem#nts Is appiopnale. Based on thp work we have perfomed, we have not identified any material uncertainties relating lo events or conditions that, IndividLially or collecllvoly, may cast slgnificanl doubl on the charlly's ablllly lo ¢onllnue 88 a going concern lor a perlod ol ai least Iwelve months Ircm wh8n the financial slalemenls are authorised for issuè. Our r8sponslblllll88 and the r68pon81bllllltss ol the Trust8&8 wllh r68p8cI lo golng concern are descrlbad In Ihtt relèvant sections ol this report. Other Inforrnatlon Th6 other information comprises the information included in the annual report other than the finan¢ial stslem8nl$ and our auditor's report thereon. The Trustees are responsiblo f(x the oth8r Infomiation contained within thts annual report. Our opinion on the financi81 statements does not cover the olher information and we do noi express any form ol assurance conclusion Ihereon. Our responsikilily is to re9d kne other informalioii and, in doing so, consider whelher the other information is materially inconsistent with the financial statements or our knowledge obtained in the course ol tre audit. or otherwise appears lo be m8teri8lly mis$1818d. If we Identily such maler181 in¢onsi$ten¢ies or apparent m8teri81 miss18tements, we 8re re)quired to deltrrmine wlie)Ilier this givos rise lo a mal¥rial missl8téJrTi¥nl in Ilie linanLial statvmenls Ihtrmselv¥s.11, basE)d on the wotl( we have pertormed, we conclude thal there is a material misslatemenl of this other inlomiation, we are required lo report Ihal fact. We have nothing to report in this regard. Mattèrs on which w• ar• r•quir•d to rèport by •xc•plion We have nothing to report In respect of the fdlowing malters in relation to whlch the Charliies (Accounts and Reportsl Regulations 2008 require us lo report to you if, in our opinion., Ihp. infnrmAlinn gvp.n in Ihp fin8nr.ial st8tp.mgnk 1.4 inmnsist>nl in Any mxtpriHI rp.4nè.r.t with Ihp TriJ%ipp.8' rÈ.rK>rt', or sufficienl accounting records have not been kept., Dr the finanaal statements are not in agreement with the accounting records- or we havo nol received all tha information and explanations we require for our audit.
The Saviour Trust Independent auditor's report (conlinued to the Trustees of The Savlour Trusl Re8ponslbllltlo6 of Trust•o8 As explained MO fully in the statement of Trustees, responsibilities, the Trustees, who are also the directors of Ihe charity for the purpos8 ol cornpany law, are responsible lor th8 pr8paration ol th8 financial siat8rn8nts and for b8ing s8lislied that they give a true and fair view. and for such internal control as the TsleeS determine is necessary lo enable the preparation of financlal stalaménts that ara frea from matèrlal mlsstal8ment, whèther duè to fraud or or. In praparSng thé financial Stateents, the Trusle8s are responsible lor assessing the charity's ability lo Gonlinue as a going concem, disdosing, as pplicable, malters related to going concern and using the going concern basis of accounling unless the Trustees either int&nd to liquldale thè chadlabla company or 10 c8ase oparations, or hava no r8alistic altainativa but lo do so. Auditor'8 responsibilities for the audit of the financial statements We have been appointed as auditor under $tion 144 01 the Charities Act 2011 and report in accordance with the Acl and relevant regulations made or having effect Ihereunder. Our objects'v*s ar8 to obtain rèasonablg assuranc• aboul whathèr th8 financial statgmants as a wholè ai8 Ire• Ifom malarial mi5Statetn8nt, whether du8 to fraud or error, and to issue an audilorfs r8POrt that includ85 Dur opinion. Rea50nab1e a5suran-e is a high level of &s5urance but is not a guarantee Ih8t an audit conducted in aOrdanCe with ISAS IUKI will ahayS detect a mat8rial misstatement when rt 8xists. Misstatem8nls can arise frorn Iraud or ?rfor and ai8 consid8r8d mal8rial il. individually or In th8 aggr8gat8, they could raasonably be èxp8ct8d to Influenc8 th8 economic d8cisions of users taken on tha basls ol these financial 5talement5. The extent ID which Qui procgdur95 are capable of delgrting irregu18rilie8, including fraud. 18 detailgd bglow. A furth8r descrlplion ol our r6sponsSbili118s is avaSlabl• on th8 Flnanclal Reportlng Councll's webslte al,. http¥'.1Iw Irc.org.uklaudilor8respon51bililig& This descnplion lorm5 parl ol QLr audilorf5 ieport. U8• of our report Thls r8POrt is madè solèly to th8 charlty's Irustè8s, as a body, in accordanc• with part 4 01 th8 Charlties (Accounts and Reports) Regul8tions 2008. Our audit work has been undèrtaken so that we ml9hl $181• to the charitls trustees those mallers we arè roquired to slate lo th8m in an au¢Jitor's report and for no olhsr purpos8. To th8 full8st axt8nt P8rrnitl8d bv law, w8 do not accept or assume re5ponsibilily to anyone other than the charity and the charity's Iru51ees as a body, for our audit work for Ihis r8POrt, or for the opinions vie hav8 formed. Charlo$ R Moorby (Senlor Ststutory Audltorl for and on b•half of B M Howarth Chartored Accountants StatLrtory Audltor Motlc Hou59 Rlpl¢y Drlv& Normanton West York8hire WF61QT 28 Aprll 2025
The Saviour Trust Slatemenl of Financial Activities Including Income and Expenditure Account for th8 year ended 31 August 2024 Total funds 2024 Total funds 2023 Notes Incom? from- Charitable 0Ctivities Investments 5,593,967 3,555 5.009,631 1,259 Total Incom• 5,597,522 5,010.890 Expenditure on: Charitable activ185 Other expenditure 5,255,792 59.853 4.762.258 126.511 Total oxp8nditur• 5,315,645 4.888.769 Net Income and movement In funds 2e1,877 122.121 Ro¢onclllallon of fund$'. Fund balances as a11 Seplernber 2023 12022 1,749,492 1,627.371 Fund balanres ag at 31 August 202412023 2,031,369 1.749,492 Th8 slat8merit of financial activiti8B inolud8s all gains and IosB8s raco9nisad in th8 y8ar. All incom8 and exp8nditur8 d8riv8 from Continuing aclivilies.
The Saviour Trust Balance sheet as at 31 August 2024 2024 2023 Notès Fixed assels Tangible as58ts 10 1,365.202 1,247,479 Currgnt o$$1s Debtor5 Cash al bank and in hand 11 226,395 724.941 203,633 613.484 951,336 817,117 Cr•dltors: amounts lalllng du• wlthln on• y•ar 12 1285,1691 1315,1041 Not ¢urr•nl a$$•ts 666,167 502,013 Total 168ets less current liabilitieB 2,031,369 1,749,492 Th8 funds of tho charfty Unr8sirlct8d funds 14 2,031,369 1,749,492 Tho ¢ompony is onlillod to tho ox¢mption from tho audit roquircmont contoinod in so¢tion 477 of tho Companios A¢t 2006, for the year end8d 31 Augu$l 2024, although an audil has teen carried out under seth'on 144 of the Charib'e5 Act 2011. The dSre¢tots acknowledge thelr r6sponslblll?s lor ¢omplylng with thè rèquirèm•n18 01 the Compan188 Act 2006 wSth rèspect to accounts'no records and th8 preparation ol financial slatemenls. The members have nol required Ihe compBny lo obtain an audil of lis lin8noial stst¢ments under Ihe requirements of the Comp8ni&s Act 2006, lor th8 year in quoslion in accordance with Soction 476. Th85 financlal slat#rnents havè b88n prepared In accordance wllh th8 pmvlslons appllcab18 to companl8s sublect to thé sm811 cornpanies reginE. The financial sialements wgrg approved by Ihg Tiu$lg99 on 28 April 2025 J I Wornett Company registration number 06136023 (England and Vlalgsl
The Saviour Trust Statement of Cash Flows for Ihe year ended 31 August 2024 2024 2023 Not•s Cash flows from operatlng actlvltles Cash g•n8raled from oparations 17 291,432 247.863 Invesllng a¢tlvlt5es Pur¢hase ol langiblo liyed assels Procèads from disposal of tangible fix8d assat$ 1184.5611 1372.8461 9,081 3,555 2,500 1,259 Investrnenl income reGeived N•t cash usèd In Invostlng actlvltl•* 1171.9251 1369.0871 N•t cash u$gd Sn flnancSng actlvltlgs N?t in¢roaseI{de¢rea in ¢Ash and ¢•$h •quivalgnt$ 119,507 1121,2241 Cash and cash 8qulval8nls at beginning of year 581,695 702,919 Cash and cash •quivalenls at •nd ot y•ar 701,202 S81,695 R•latlng to.. Cash at bank and in hand Bank overdralls included in credrtors payable wllhln onè yèar 724,941 613.484 23.7391 131.7891 701,202 581,695
THE SAVIOUR TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 A¢¢ountlng polkles Charity information The <aviour Trust is a private company limited by guarantee in¢orpoiated in England and Wales. The regislered offi is Metic House, Ripley Drive, Normanton, W85t Yorkshire, WF6 1QT. 1.1 Accounting convention Thg financial Stalements have been prepared in accordance ¥Yilh Accounting and Reporting by Charibes.. Statement of Recommended Practice applicable to charities preparin9 their accounts in accordance with the Financial Reporting Standard appllcabltr in the UK and Ropublic of Ireland IFRS 1021 laff&clkwe 1 January 20151- (Charflies SORP IFRS 10211, the Financial Rewrting Standard applicable in the UK and Republic of Ireland IFRS 102) an(J Ihe Companies Act 2006.The chgrity is a Public Benefit Entity as defined by FRS 102. I he Iinancial 518lements are prepared In 51grfing, which is the lunclional currency ol the charity. Monetary amounts I these fi'nancial slatements we rounded to the nearest £. The financial stalements hav8 been prepared under the historical cost convents'on. 1.2 Going concem Al the tirne of approvin9 the financial slatemenls, the Trustees have a reasonable expectalion Ih8t the charity hes adequat8 resour¢8s lo continue in opèr81ion818xisltsn¢8 lor th6 forestsoabla future. Thus th6 Truslgès eonlinue 10 adopt the going conc8rn basis ol accounting in preparing the linanrAal 51alernenls. 1.3 eharltsble lunds Unre51ricled funds are available for use at the discretion of the Trustees in furtherance of their charrtable objectives. 1.4 In¢orn• Income 15 recogni5pd when the charlly Is leg£lly enlilled lo it after any performance condllSon5 have been mel, the amounts can bg 1)easured i¢liably, and il is prob¥ble Ihal in¢om9 will bg rg¢eived. Cash donations are recogni5ed on receipt. Other donation5 are recognis2d once the charity ha5 been notified of the donation. unless perforrnanc8 conditions r8quir8 d818rral of th8 amount. Incom8 lax r8cov8rable in r&lats'on to donations recel¥ed under Gift or deeds of Ggvenant 15 recognlsed at the Ilme ol the donation. L8ga¢ie8 are r8¢ognised on receipt or olherwise rf the charity h85 been nolifigd of 8n impending di$lribulion. th¢ amount is known. and receipt 15 expecl8d. 11 the arnounl is known, the legacy is treated as a conlingenl asset. 1.5 Expenditure Expenditure Is recognised on an accruals basis. Expendilure includes any VAT which cannot lully recovered, and is reported as part Df the expenditure lo which it relales. Expenditure Is classili8d by Bctivity. Th8 cosls of each activity are rnade up of the totsl of direct cosls and Shared cosls, induding suppot1 costs involved in underlaking each aclivity. Direct costs attributable to a single activity are allocated directly lo that aclivily. Shai8d costs which contribute lo more th8n one 8¢1ivily ancl support ¢o$ls which ar8 nol attributable to a single aclivily are apportioned between those activities on a basis consistent with the use ol resources. Central slaff Costs gre allo¢al¢d on the basis of time spent, and d¢preciation ¢harges are alloGoted on the portion ol the assg1'8 US8.
THE SAVIOUR TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 AUGUST 2024 AccountSng polklès 1contlnul 1.6 TAnglbl• Ilxed as$•ts Tangible fixed asset5 are initially measured al c051 and sUbsequenY measured al cost or valuation, net of depreciation and any impairment10sses. Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over ih8ir useful lives on Ihe following bases.. Land and buildings Fixture8 and fjltings Motor vehicles 2'A straight line 250/0 reducing balan¢e 25 /0 reducing balanc8 The gain or loss arising on the disposal ol an asset is determined as the difference belween th8 sale proceeds and the carrying value ol the gs$et, 8nd is reco9nised in lh& ststement of financial actr'vitie$. 1.7 Ca$h and ¢a$h ?qulv4l•nt$ Cash and cash equlval$nl8 Include cash In hand, deposlts hdd al ¢811 wth bankg. other short-18rm Ilquld Investments with original maturities of three months or18ss, and bank overdrafts. Bank overdrafts are shown within borrowings in 1.8 Employ•• beneflts The cost of ony unused holiday entitlement is recognised in the period in which the employee's Services are received. Termina'on benefits are recognised imrnediaiely as an expense when the charity is demonstrably 00mIlled to lermingte the pmploympnt of en employee or lo provide tprminetion benefits. 1.9 Retlremeni beneflt8 PayrrEnts lo delred contr1110n r&tiremènl benefit 8chemes are charged as an expensè 8s they fall due, Incom• from charltabl• actlvltl•s Total funds 2024 Total fund8 2023 Réntal Incom8 5, Jrg3,967 J.009,631 Incomo from Invgstmonts Totsl funds 2024 Total lund8 2023 Interest receivable 3.555 1,259 10-
THE SAVIOUR TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 AUGUST 2024 Expendltur& on ¢harltabl• a¢tlvlil•s Total 2024 Total 2023 Dlr$rA ¢o$ts Staff Costs Depre¢ialion and impairment Property costs Motor expenses Starter packs Tenant subsidys B8d debts Insuranc8 Telephone Computer &xpens8s Activities Sundty axpènsès 1,205,984 59.805 3.M6,473 115,256 100,572 82,334 37,590 27.920 17,569 41,714 36,269 34,421 1,136,788 63.393 3.107.128 92,114 122.644 97,746 37.329 24,130 14.519 19,620 30,851 5,205.907 4,746,262 Share of 8UPPDrt and gov•rnanc• c0818 Is•• not• 51 Gov*yiiit)l)Le 49,885 15.998 5,255,792 4,762.258 11
THE SAVIOUR TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 AUGUST 2024 Support ¢ost$ allo¢at•d to a¢tlvlll¢s Total 2024 Total 2023 Governance 49,885 15,996 2024 2023 Gov•rnanc• costs comprf50'. Audit fees Acwuntaney Lggal and prolesslon81 14,100 16,214 19.571 8,220 1,152 6.624 49,885 15.998 N•t movèmènt In funds 2024 2023 The nel movement In lund8 18 81aled after ¢harglngllcrediilngl', Audit lees Depre¢l81ion of owned langlble fixed 8ssels IProlitWoss on disposal ol tangibl¥ fixed asg91$ 14,100 59,805 12,0471 8.220 63,393 4,897 Empltsy••8 The average monthly number ol employ88s during the year wa5.. 2024 Numb•r 2023 Numbor Support staff 41 39 Employmènt costs 2024 2023 Wages and salaiie5 SocSal security costs Other pension costs 1.060,387 97.159 48,438 987,504 105.701 43.S83 1,205,984 1.136,788 There were no gnployges whos& annu81 remunera1ion was more than £60,000. 12-
THE SAVIOUR TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 AUGUST 2024 Employ¥ 1contlnul R¢mun•ratlon ol key manag•m•nt Porsonn•l One of the trustees has been paid remuneration in the current Dr prior periods. Mr Brown has been paid retnuneration for 8tnploytn8nt lor charfly Including b8ing Ir8asur8r, and horn8less support olficer. Thi5 remuneration w35 £12.53412023.. £12,455). Mr Brown is a rekt8d party, the full atnount was lor employrnent 58rvic85 provided during th8 y8ar and ther8 is no balance outstanding at the end of the accounting period. Non8 ol th8 trusts8s havè been pald any 8xp8nsés In tha current or prlor p&riods, no Iruste8s hav8 bean paid rernuneralon for being a trustee. Oth•1 oxptsnditurè Unrestrlcted Unrestrlcted funds lunds 2024 2023 Ng1 Iprollll I loss on dlspos81 ol iangSblg flxgd ossgls Welfare costs Prernises cost8 12,0471 4.937 55,678 1,285 4,897 4.¥J9 59.733 7.015 49,927 other interest payabl8 Other expenditure 59,853 126.511 Taxation The charity is exempt from tsxalion on its activities because all its incorne is applied for charitable purposes. 13-
THE SAVIOUR TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 AUGUST 2024 10 Tanglbl• flxtd as80ts Land and Flxtur?B ané Motorvehlcles fltllngs Total Co$t At 1 Seplemt)er 2023 Additions Disptssals 1,275.Q19 162,197 76,360 11,364 202,438 11,000 125,5101 1,554,717 184,561 125,5101 At 31 August 2024 1,438,116 87,724 187,928 1.713,768 D•pr•eiation Jnd impairm•nt At 1 September 2023 Depreci81iDn ¢h8rg8d in the ygar Elirnina18d in r8sp8cI ol disFosals 135,040 28,761 i6,860 8,864 115,337 22,180 118,4761 307,YJ7 59,805 118,4761 At 31 August 2024 163,801 65,724 119,041 348,566 Carrylng amount At 31 August 2024 1.274,315 22,000 68,887 1.385.202 At 31 August 2023 1,140,878 19,500 87,101 1.247,479 11 D•btors 2024 2023 Amounts lalllng du• wlthln on• y•ar'. Trado debtors Oth81 d•blors Prepayments and accrued income 27.191 383 198,821 6,e03 35.298 181,TJ2 226.395 203,633 12 Cr•dllors'. amounts falllng du• wlthln on• y•ar 2024 2023 Oih$r creditors Other laxalion and social security Trade creditors Accruals and deferred incorne 23,739 148,163 41,092 72,175 31,789 183.428 36,369 63.518 285.169 315,104 14-
THE SAVIOUR TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 AUGUST 2024 13 R•llr•mont bèn•fli 8¢htrrn•s 21124 2023 Charg8 to profit or loss 48,438 43.583 Thè charity operatès a dgfingd contribution ¢)enSI scham& for 811 qualifying gmployeès. Tha ass8is of lh• scheme ar9 held Separately from those ol the charity in an Independently administered lund. 14 Unr•strlct•d fuTrds The unreslricled funds ol the Gharity compr13e the unexpended balance5 01 donations and grants whiGh are not subject lo specific condrtions by donors and grantors as to how they may be used. These irdude dosignaled funds whi¢h have bggn sel aside out ol unresiric19d lund$ by the Iru$lees for spgcilic purposes. At 1 September 2023 Incorning Resources Trjnsforj At 31 August 2024 oxp•ndod Suslainabilily fund General fund5 224.606 1,524.886 1224,6061 224,606 5.597,522 15,315,6451 2.031.369 1,749,4g2 5,597,522 15,315.6451 2.031.369 Prèvlou$ y•ar', At 1 Soptsmb•r 2022 In¢omlng resources R•$our¢o$ expended Tran$f•r• At 31 August 2023 Sustainability fund General funds 283,731 1,343,640 107,091 4,903,799 273.307 1.476,185 14.771,2541 1,627,371 5.Q10.890 4,888.769 1.749,492 15-
THE SAVIOUR TRUST NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 AUGUST 2024 15 Analy$ls of net ass&t8 b•lwèèn fund8 Unr•$trlctod fund¥ 2024 At 31 August 2024.. Tangible assets Current assetsl{Iiabililiesl 1.365.202 666,167 2,031.369 Unr•$trf¢tod lunds 2023 AI 31 Au9il$t 2023: Tangible asset5 Currenl assetsllliabilitiesl 1,247.479 502.013 1,749,492 16 Ultlmat• controlllng party The company is lirniled by arantee ond hos no shore ¢apiio1', thus no single party ¢onlrols the wmpony. 17 Cash generated from operatlon5 2024 2023 Surplus for th8 yèar 281.877 122,121 Adjustments for.. Investrmenl incorne r8eognised in stalentsnl ol fi'nancial activities IGainlnos5 on di5P05al of tangibl8 fixed a55815 Depreciation and impairment ol tangible fixed assets 13,5551 12,0471 59,804 11.2591 4,897 63.393 Movem¢nls In working Capi181.. Ilncr8asel In debtors (Decrttasallincrease in creditors 122,7621 121,8851 127,5801 86,291 Cash genorated from operations 291.432 247.863 16-
This document was delivered using electronic communications and authenticated in accordance with the registrar's rules relating to electronic fonn, authentication and manner of delivery under section 1072 of the Companies Act 2006.