Company registration number: 06628989 Chaiity registration number. 1125960 Freedom Community Alliance Limited Annual Report and Financial Statements for the Year Ended 30 June 2024 WESTCOTTS ¢MAR7ERED ACCOUNTAWTS & BVSINEYS ADVISEFtS
Freedom Community Alliance Limited Contents Reference and Administrative Details Trustees Report (incorporating Directors, report) 2to15 Independent Auditors, Report 16to19 statement of Financial Activities 20 Balance Sheet 21 Statement of Cash Flows 22 Notes to the Financial Ststements 23to37
Freedom Community Alliance Limited Reference and Administrative Details Governing document: Constitution: Memorandum and articles of association Company limited by guarantee Charity Registration Number 1125960 Company Reglstration Number 06628989 The charity is incorporated in England and Wales. Mr P Ayrton, Ivice Chairman) Mr D Clapp. (Treasurer) Mr D Halpin Ms J Hanson Trustees Mr D Hunt, (Chaimian) Mrs C Jones Mrs M Kuo, (Resigned 24 June 2024) Registered Office 1 Howard Avenue Bamstaple Devon EX32 8QA Westcotts (SW) LLP 47 Boutport Street Bamstaple Devon EX31 1SQ Auditor Solicitors: Brewer Harding & Rowe The Square Bamstaple EX32 8LS Bankers Lloyds Bank PIC 17 Cross Street Barnstaple EX31 1 BE Page 1
Freedom Community Alliance Limited Trustees Report (incorporating Directors, report) Year Ended 30 June 2024 The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and audilors, report of the charitable company for the year ended 30 June 2024. Freedom Cornmunity Alliance was incorporated as a company limited by guarantee on 24th June 2008 and is also a registered charity. Full reference details of the Charity are shown on page 1. Also on page 1 is a list of the Trustees who held office during the financial year and at the date of this report and the external advisers of the Charity. Structure, Governance & Management The Charity is governed by a Board of Trustees who are also the directors of the company. New Trustees are appointed in accordance with the Articles of the Charity. In March 2024 the Trustees submitted a resolution to slightly amend the articles of association of the charity and these were accepted by the charity commission and Companies House. The Board of Trustees meet regularly to discuss and plan the activities of the Charity and there is close liaison and dialogue with the Chief Executive of the Charity. The day-to-day management af the charity is delegated to the Senior Management Team headed up by the Chief Executive and supported by the Operations Manager. The Board of Trustees are responsible for preparing the Trustees Annual Report and the Financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Strategic Review of FCA'S Vislon, Mlssion & Values In early 2024, the FCA board of trustees began a strategic review of the charity recognising that this had not been done for some years and that its work had evolved significantly since the time of the last review and especially since the covid pandemic of 2020. Initially, trustees met several times to discuss and create a new version of the Mission, Vision and Values of the charity. Trustees then led focus groups with staff team members to seek their feedback and the revised version was circulated to k&y partners before the final version was published in May 2024 as detailed below. FCA Vision Mission and Values Who we are - FCA is a Christian Charity based in North Devon that seeks to demonstrate the heart and love of God in our community. Our Vision - is to see the lives of vulnerable and socially excluded people transformed. Our Mission - is to work in partnership with others to meet people at their point of need, in Sove and without judgement, and to journey w'rth them towards a life of hope. Page 2
Freedom Community Alliance Limited Trustees Report (incorporating Directors. report) Year Ended 30 June 2024 Our Values - We are a 'values-based' organisation which means that every decision we make will be based on the values that we believe are important. They are: Love The bible says that 'God is Love,. This is a love that is not conditional on behaviour. Whilst there may be consequences for choices and behaviour, this will not change how we value that individual. Care & Compassion - These are at the centre of all that we are. Kindness is not weakness, and we will choose to show kindness. Non-Judgement - We aim to provide 'a spa, where people feel safe and accepted. We recognise that life choices are often an emotional response to trauma or previous hurts. Hope We will always strive to believe that things can be better for the individuals we are supporting. Our Guiding Principles - How we will go about implementing our mission and values= Collaborative - We believe we can achieve so much more together than we can separately and that 'the sum is greater than the individual parts., We will adopt a 'strength-based approach, where we will seek to overcome the challenges we face using the unique contributions of each member of the team. We will seek to build partnerships with those who can help us fulfil our vision. Person£entred - We will aim to create an environment where the views of our staff and clients are heard and valued. So, we will listen first to gain understanding and seek agreed outcomes where possible. Empowering We recognise that we are not 'the rescuers. but that it is essential for individuals to own their choices, behaviours and the consequences. Professional - We recognise the need to provide services and behaviours of a high standard that all can trust in and will strive to achieve this. Responsive - We will be flexible with our resources to respond effectively to the needs of individuals & community as they emerge, always wanting to be part of a solution. Courageous We recognise the challenges involved in our work but will always make decisions with discernment aiming to make the right Choi for each situation. Integrlty - We will act with integrity towards everyone we work with, knowing this is essential to build trust. We will also be honest with ourselves in reflecting on how we can do better in each situation. We will use the resources of the charity in a righteous way. Dedicated We recognise that the environment we work in is very challenging, but we will not give up and will devote ourselves to the work and to the individuals we are seeking to help. Awareness In our efforts to seNe well the needs of individuals and our community, we will promote the work of the charity, within the bounds of confidentiality, in order to encourage others to join with us in supporting our work. Generosity - We will endeavour to be generous with the time, attention and resources we give to people we work with, as well as the opportunities we offer to them. Prayerful - We believe God cares for this work and every individual we encounter. We believe He wants to direct our paths to be more effective in caring for those who are vulnerable and socially excluded. So, we will seek Him in prayer and encourage other members of the Christian communty to join with us in this. Post year end work has continued in the form of a SWOT analysis on certain key aspects of the charities work resulting in the preparation of a new 3-year draft strategic Plan. In the coming year trustees and the senior management team will devise the operational plan for each 12-month period and will review progress after each year to ensure the stated objectives can be achieved within the 3-year time frame. Page 3
Freedorn Community Alliance Limited Trustees Report (incorporating Directors. report) Year Ended 30 June 2024 Objectives and Activities Freedom Community Alliance has 3 main charitable objectives, and these are summarized as follows. 1. To provide facilities in the interests of social welfare with the object of improving conditions of life. 2. To relieve the needs of individuals who are homeless or in recovery from drug l alcohol addiction through the provision of accommadation and or rehabilitation programs. 3. To further education through the provision of training in life skills ar other vocational areas. During this reporting period The Charity achieved its objectives by providing a range of ServIS from The Freedom Centre, Freedom Housing properties and through our work with vulnerable people in the Community. Our services were broken down into 4 core areas.. 1.Da Centre Services - Based at the Freedom Centre The goal: Provide a safe place where vulnerable clients can access 'joined up, support to meet their immediate needs and to provide a gateway to other essential ongoing support to enable clients to joumey towards a more positive and purposeful life. 2. Enhanced Rou h Slee er Outreac The goal.. Provide targeted identification of rough sleepers and joined-up support with the aim of bringing individuals off the street and into a housing pathway. In the case of entrenched rough sleepers (without recourse to public funds, no local connedion, unwilling or too chaotic to house) - to provide regular welfare checks and support to ensure their essential needs are met and their wellbeing is maintained. 3. Housin The goal: To pravide safe, good-qualty housing to those who may Othernlse be homeless with person centred support to give the very best opportunity for individuals to achieve sustainable, independent living. 4 Recove Housin The goal: Provide a safe, supportive structured community environment that gives individuals the very best opportunity to strengthen their journey of recovery towards a fulfilled life of purpose and hope free from substance misuse. The Charity experienced another incredibly busy year and continues to feel the impact of the cost-of-living crisis. This is not only affecting the organisation but also the many vulnerable people for whom the services of the Freedom Centre are a lifeline. During the year the following sewices have been delivered. Open access Day Centre for Homeles5 and Vulnerable Individuals. Street outreach services engaging with rough sleepers, providing welfare checks and helping them off the street and into accommodation. Management and oversight of a multi-agency facility working with rough sleepers and those vulnerably housed aGross North Devon. Page 4
Freedom Community Alliance Limited Trustees Report (incorporating Directors, report) Year Ended 30 June 2024 Supported accommodation for men affected by homelessness linked to the North Devon Housing Hub. Next Steps accommodation for residents who have longer term support needs. Female only supported accommodation. Emergency, temporary accommodation for rough sleepers in pla of night shelter provision. 4 Rough Sleeper Pods located inside the Freedom Centre for Rough Sleepers with overnight welfare I security support and support to the residents of 4 external Pods located in the commLbnity. Recovery accommodation for those with a history of addiction who require the protection of drug I alcohol free, safe accommodation. Rough sleeper navigator services linked to North Devon Councils enhanced rough sleeper outreach team as part of the Governments Rough Sleeper Strategy. Specialist Nurse and GP health services delivered in partnership with the NHS and local primary care network. Gym facilities with the support of a fully qualified gym instructor. Access to free counselling The above projects and services have provided essential and life changing support to some of the most vulnerable and SOGially excluded individuals in North Devon. Outcomes from the above seNices include: _ Improved health and wellbeing. Reduction in the number of people rough sleeping through the provision of appropriate accommodation. Reduced revolving door clients through dedicated, person-centred navigator support. Reduced health inequalities for some of the most marginalised people in our community. Sustained recovery for those with a history of addiction. Fewer offenders returning to crime as a result of early intervention and accommodation on release from prison. Improved prospects for those who have regained hope for the future. All services are 'trauma informed, and 'person centred, and adopt an integrated approach by working in partnership with a range of statutory and voluntary sector organisations. Page 5
Freedom Community Alliance Limited Trustees Report (incorporating Directors. report) Year Ended 30 June 2024 Achievements and performance Freedom Centre Actlvities including the Day Centre The team at the Freedom Centre is made up of staff from North Devon Council, Freedam Community Alliance, Devon Partnership Trust, NHS Trust, North Devon Primary Care Neknjork, Police, Probation and Together Drug & Alcohol Services. Additionally, during the year DWP were involved by providing a dedicated monthly clinic for the clients. This rnulti-disciplinary team have continued to be at the forefront of responding to both national and local initiatives. These have included but are not limited to- daily outreach and bringing rough sleepers off the streets and into appropriate accommodation,. flu and covid vaccination clinics for hard-to-reach Glients,. severe weather inteNentions during the summer and winter months,. responses to the cost of living crisis through the creation of a warm space for rough sleepers., assistance with the annual rough sleeper count and participation in regular quarterly hot spot rough sleeper counts. The government's strategy, 'Ending Rough Sleeping for Good, was published in September 2022 and focused on a 'four-pronged approach. of prevention, intervention, recovery and integration and highlighted the importance of a joined-up transparent approach between partners. This year was year 4 of the RSI programme 'Rough Sleeper Initiative, which had been committed until March 2025. FCA have again been an integral partner to the North Devon RSI Programme with most of the work being based and delivered from The Freedom Centre creating a one stop shop for rough sleepers. Contracts were held to deliver navigator setvices, emergency temporary accommodation, supported accommodation for men and women, longer term accommodation and in-reach l outreach support. The year saw increased presentations of people rough sleeping and noticeably the complexity of presentations was higher than ever before. To meet this changing need we have had to constantly look at the provision in place and make changes to keep pace with demand. The most significant change has been the need to increase the number of emergency accommodation beds for North Devon Council and adapt the supported accommodation to cater for a higher complexity of need. The open access hours of the Day Centre continued from 11.30am - 1.30pm Monday to Thursday. This allowed time for the team to undertake early morning outreach, daytime outreach, breakfast for the pod residents, private appointments before and after the day centre and provide support to those in accommodation. This mixture of open access sessions and time for pre booked appointments has warked well and has continued throughout the year with no intention to revert to the longer open access sessions. The arrangement provides the scope for members of the team to be involved in numerous other activities away from the day centre and as a result we have become more productive and effective in our day-to-day work. Our aim during the open access sessions is to meet people at their point of felt need. Every visitor is met, welcomed, and offered a hot drink and a hot meal. After a shower and clean clothes if needed. a friendly chat with one of our team identifies other ways we can help including accommodation. advocacy, debt or benefits advice, nurse, in-house GP clinic, mental health or addiction support, or use of a phone or computer. We also have a gym on site and our team can access instant support from the integrated multi-agency team. Page 6
Freedom Community Alliance Limited Trustees Report (incorporating Directors. report) Year Ended 30 June 2024 By adopting a needs-led approach we look to meet the changing needs of every individual, by offering transformative change for the homeless, and a safety net for the vulnerable, preventing people struggling with the cost of living from slipping into homelessness. The table below shows some statistics for the year ending 30th June 2024 compared to the previous year ending 30th June 2023. The majority of the figures show an increase in activity compared to the previous year. This ear 10,8TT Last Year 9,107 451 6,645 467 /oUpor Descriplion Indtvidual visits to the Freedom Centre Separate clients engaged in setvices No of Lunches provided No of dothing dCatiOnS given out No of showers provided to rOh sleepers No of medical interventions from health staff No of food palS given out No of times computers used by dients No of Breakfasts served No of free laundry, Servi washes for dients No of times phones used by clients Gym Visits (onty Jan lo June 24) up up 8% 6,686 383 up DOWN 18% up 41% up 66¥0 DOWN 48V4) up up up 848 837 620 598 502 1205 182 511 233 123 182 82 1800/0 1840/0 40/0 216 207 NIA up 263 Rough Sleeper Pods within the Freedom Centre The rough sleeping PODS within the Freedom Centre opened on 3rd May 22 so have now been operational for a little over 2 years. They have proved to be a tremendous asset and resource in accommodating those who would be difficult to accommodate elsewhere until more detailed assessments have been undertaken. They also provide petiods of respite off the street for some of those who Ghoose to rough sleep. Below are some statistics forthe year ending 30th June 2024. The 4 pods provided 904 nights of safe, secure accommodation during the year. Allowing for a couple of periods of downtime they averaged 82 nights of aGcommodation each month. There were 58 placements made to 49 different individuals during the year. 6 individuals used the pods on more than one occasion often as respite from rough sleeping. The average stay per person was 16 nights. The longest stay for a single person was 104 nights and the shortest was 1 night. Of the 49 different individuals who stayed in the pods, 36 moved on into a next stage accommodation solution of which 22 were with Freedom and 14 were with other specialist providers. Page 7
Freedom Community Alliance Limited Trustees Report {incorporating Directors, report) Year Ended 30 June 2024 The pods within the Freedom Centre are covered by overnight welfare security staff and are available for clients to access from 8pm to 8am in the summer and 6pm to 8am in the winter. At 8am breakfast is seNed for those who want it, and this has proved to be great time to engage with clients over coffee and toast. With the welfare security staff on site, we have been able to accommodate individuals that could not have been accommodated elsewhere for a variety of safety reasons. Additional Health Contributions from the Nurse and GP The invaluable services of the full time Homeless Inclusion Heafth Nurse and the weekly GP surgery have been recognised outside of North Devon, resulting in a competitive tender prOsS to commission the service. The existing providers of the service were successful in their bid and a new service linked to the clocktower surgery in Exeter was launched in Sept 2024, securing this bespoke health service for rough sleepers for the foreseeable future. The results and outcomes have been amazing, and the use of the service has continued to thrive beyond the year end. Integrating these health services into the outreach team and housing provision provided by Freedom has been an oVehelmIng success. The team are reducing the health inequalities for some of the most vulnerable and marginalised people in our community. Feedback from those involved highlights the huge benefits of these health services being based within a homelessness setting rather than a mainstream GP practice. Engagement with this hard-to-reach client group has increased and improved health provision is being seen. Routine health conditions are being diagnosed and treated that would previously have been undiagnosed. Health outcomes are improving, and the service has been able to be designed around the needs of the client with longer than normal appointment times, f]exibility around attendance reduGing no shows and, in many cases. taking seNices to the clients on the streets or into the accommodation provision. Freedom Housing Temporary Accommodation & Supported Accommodation for those with identified support needs. The environment in which we are operating has changed significantly in recent years and this has prompted us to continually look at what we are offering to ensure it is fit for purpose and meeting the local need. North Devan is one of the most economically disadvantaged and least accessible areas of Devon, served by the most remote acute hospital in mainland UK. Barnstaple is the regional capital, providing a hub of services but also boasts 2 of the 3 most deprived wards in Devon and in the top 100A of the IMD - of which flank the Freedom Centre. More recently, a local housing crisis driven by the booming post-pandemic tourist trade has resulted in very poor availability of housing stock. Private rentals are in very short supply and unaffordable for those on the lowest incomes. A lack of affordable or social housing has led to a direct increase in homelessness in the local community. Having provided sUPPOrted housing for many years, we are firmly of the opinion that one size does not fit all and in response to the changing environment we have developed a range of accommodation solutions thal better meet the needs of North Devon. These changes have been developed through co-production and consultation with partners and Sewi users and have varying degrees of ftexible tolerance that gives residents the best chance of sustaining their accommodation and reducing evictions. Page 8
Freedom Community Alliance Limited Trustees Report (incorporating Directors, report) Year Ended 30 June 2024 We operate OLSr housing provision with a team of support workers who each cary a caseload of clients. Caseloads vary depending on the support needs of the individual and each resident will have a personal support plan that is Co-produced with their support worker. We use the nationally recognised 'ln-Form' case management system to record interventions and details of resident support sessions and the Outcome Star to track progression and outcomes. Adopting a flexible tolerance policy means that we can better support people who have complex needs, such as active addiction, mental ill heatth, or a history of offending. The principle behind this is trying to reduce the barriers people fa in accessing appropriate safe accommodation. We believe that our flexible tolerance approach is helping to stop the revolving door of repeated homelessness, and is enabling people to remain housed, supported, and safe. A 2019 study by Public Health England found that 42 % of all those rough sleeping had drug or alcohol misuse or dependency challenges, and 50% also had mental health needs. Furthermore, studies report high prevalence of adverse childhood experiences (ACES) and trauma among people with experience of homelessness, both of which are life-altering and have long term health cOnsequenS into adutthood. Flexible toleran is not a new model, in fact, it is what most people would say is a 'common sense, approach, however in our experience it is not how most seNices operate. When people are displaying challenging behaviour. we look at the person, assess their situation, their background, and try to work towards a suitable outcome using a holistic approach. In recent years we have added the opportunity of counselling as part of the support on offer and through a successful funding bid these seNices will continue in the coming year. We work closely with partners to ensure the correct support and guidance is in pla for each resident. However, restrictions on external SeiceS often means that the wrap around support is not as robust as it could or should be. Our staff work flexibly, innovatively, and without judgement with clients to promote recovery. During this reporting period our accommodation options included.. Rough Sleeper Pods inside the Freedom Centre with overnight welfare I security support. Emergency Temporary Accommodation on behalf of North Devon Council. Female - gender specific SUPPOrted accommodation. New mixed supported accommodation for those who feel mixed is better for them. Male only supported accommodation. Next steps accommodation for those wtth longer term support needs. Recovery focussed and abstinence based supported accommodation. Although not provided by us we also provide support to 4 external rough sleeper pods. At the end of this financial year, we were supporting 51 units of accommodation made up of 43 beds in shared accommodation across 11 different properties and 8 rough sleeper pods. The breakdown of the accommodation changes from time to time and is now split as follows: 8 rough sleeper pods 9 beds of supported accommodation - 2 beds of female only accommodation 12 beds of next steps accommodation 11 beds of temporary accommodation 9 beds of recovery accommodation Page 9
Freedom Community Alliance Limited Trustees Report (incorporating Directors. report) Year Ended 30 June 2024 All referrals to our accommodation are received through the Northern Devon Housing Hub which is chaired by North Devon Council. Having created different forms of accommodation we now have our own housing pathway which provides progression opportunities and a150 Step-up and step-down options according to circumstances. need or sometimes choice by residents. The iTnpact of these changes over the last couple of years tneans that we can help a broader range of clients and a wider presentation of need. Only a few years ago in 2021122 we helped 38 different people in our accommodation, however, in this period we accommodated 111 different people. Analysis of the data shows. No of accommodation placements in houses No of accornmodation pla[nents in the Freedom Gentre pods T combined no of accommodation plaments in the year Number of unique indibiduals accomrrKJdaled in houses Number of unique individuals accomnyjdaled in Freedom Centre pods Total no of unique individuals accorrffiodaled in houses and pods Hse Data % of placements in temporary Accommc#Jation 49 out of 101 'h of placements in 5UPPOrted accomrnodation 28 out of 101 'k of placements in next sleps accomnTh)dafion 11 out of 101 % of placements in recovery accommodalth?n 13 out of 101 % of male residents % of female residents % of tesidents between the age cf 18- 35 % of residents between the age of 36- 55 °A of residents aged 56 and over 101 58 159 49 111 49% 28¥0 11% 13% 92% 8% 400/0 40¥ 20% 159 combined accommodation placements for 111 different people is more than any previous year. As at 30th June 2024 i.e. the end of this reporting period.. 40 of our 43 beds within properties were occupied. Therefore 40 of the 101 accommodation placements in this period were doing well, sustaining their accommodation, and working towards their goal of independence. Of the 61 remaining placements during the year we can evidence the following move of reasons. Page 10
Freedom Community Alliance Limited Trustees Report (incorporating Directors, report) Year Ended 30 June 2024 RESIDENTMOVE ON REASON Moved into Social Housin 15% Moved into Private Rented Moved from TA into Su orted Accommodalion Moved in wtth Famil PartneT 01 Friend Retumed to Rou h Slee in Retumed to other Tem Accommodatmjn Moved lo other S cialist Accommodation Abanclonment- Slatus not known Sofa Surfin Eviction - Violen Eviction - Other Prisc Deceased Tolal 17 280 11 2¥0 OO/D 110h 8% 61 1 OOVO The 5 negative prison outcomes and the 1 deceased are outside of our control therefore to evidence only 9 negative outcomes from the remaining 95 placements represents a success rate of over 90 % in the accommodation for the year. We operate our housing provision with a strong focus on local need which is constantly assessed and re-assessed, ensuring that it not only meets the objectives of the charity but also makes a positive impact into the community of North Devon. Properties are secured in three ways. The first is through our longstanding partnership with Green Pastures, who have purchased properties that we lease on a long-term basis. The second is through Private Sector Leasing from private landlords for typically 3-5 years and the third introduced this year is that we have acquired a property of our own with the assistance of a grant and a mortgage. This was made possible following a successful bid to the govemments 'Night Shelter Transformation Fund. Operating this way enables us to remain flexible, adaptable and able to quickly respond to local demand. During this reporting period, demand remained high with an average occupancy level in the region of 900/0. In most cases, void periods were used to carry out essential repairs and maintenance in the rooms. Analysis from this reporting period shows a high level of success, with a number of residents positively progressing through a housing pathway. Residents from Pods and temporary accommodation were moving into supported accommodation and residents from supported accommodation were moving into their own independent accommodation. Page 11
Freedom Community Alliance Limited Trustees Report {incorporating Directors, report) Year Ended 30 June 2024 With North Devon facing a housing CRISIS we can't escape the fact that this is having a direct impact on the move on or progression options for many of our clients. Historically, the Private Rented Sector would have been the predaminant move on option for many but, with reducing supply and increased demand, privat8 rented accommodation has become difficult to source for this client group. The main move on optian is now social housirig, through Devon Home Choice, but again this has a limited supply, strict criteria, and often lengthy waiting times for those who are successful. The impact of this is that residents are staying longer in our accommodation before moving on and it is not uncommon for some residents to be with us for up to 2 years before moving to their own independent accommodation. Charities and other organisations with which the charity co-operate5 in its work. FCA delivers integrated services and works in Partnership with many other Statutory and Voluntary sector organisations across North Devon. We have a number of organisations with staff based at the Freedom Centre which include, 5 staff from North Devon Council, mental health nurse through Devon Partnership Trust, physical health nurse through Include Devon CIC, specialist substance misuse worker through Together Drug & Alcohol Services, a GP also through Include Devon CIC, a police sergeant from Devon & Cornwall Poli and a team of welfare security staff from M5 Security Services. Although not based at the Centre DWP staff also attend and delivery regular clinics for the clients. We continue to attend the Month Northern Devon Housing Hub which is a collection of statutory and voluntary sector partners which include North Devon Council, Torridge District Council. Poli, Probation, Sanctuary Housing, Alabare. Encompass South West, Adult Social Care, Mental Health, Together Drug & Alcohol SeNices and others that come and go. Anyone rough sleeping is discussed at these meetings and referrals are mad& into a range of supported housing projects which include those operated by Freedom. The level of integration with our partners provides an enhanced seNice to clients and we will look to continue building on this over the next 12 months. Public beneflt All activities of the Charity are focused on delivering benefits to the community of North Devon. The generic services of Freedom Community Allian {FCA) are open to all, irrespective of their race, age, religion, sexuality, gender, addictions, criminal record, ability or disability. SerVis are geared to meeting the needs of the socially excluded, homeless, drug & alcohol users, mental health sufferers, economically disadvantaged and olhers with life-controlling problems. The reach of the services we provide goes beyond the direct benefit to service users and extend to reducing the distress to their families and friends alike. In addition, there are significant indirect benefits to the local community. The Police. Social Services, Local Authority, Health Services and many others acknowledge the importance of the wort< of FCA in reducing hardship, reducing crime and reducing harm. We are recognised as positively contributing to the local agenda of building a safer and stronger Community. Page 12
Freedom Community Alliance Limited Trustees Report (incorporating Directors. report) Year Ended 30 June 2024 Contribution of Volunteers The main areas where volunteers can support our work is wtthin the clothes store, collecting food donations and helping to prepare and serve the daily meal within the day centre. At the current time we are supported by approximately 20 volunteers a week. Management of Risk The trustees actively monitor risks to the charity. The trustees have identified that the main risks to the Charity are= Cost of living crisis - A head office and 12 additional properties all experiencing increased operating costs. Our Day to Day work with vulnerable adults who present with multiple and complex needs. The risk of death through overdose is never far away from many of our clients. Short temi funding streams. The trustees seek to mitigate risks by.. Review of room hire charges and rent calculation spreadsheets to mitigate cost increases. All policies and procedures are reviewed and updated on a regular basis. Risk assessments are maintained. Incident reports and near misses are an agenda item at all Trustees meetings to ensure that any leamings are communicated to Staff. DBS checks carried out on all staff. Trustees and appropriate volunteers. Appropriate and adequate insurance cover is also maintained. Financial Review and Results The charity has continued its focus on developing a broader and more diverse range of income generation to ensure that ServIS are sustainable without a heavy reliance on any one source of funding. Our Income for this period consisted of- Rental InMe from housing benefit generated through Freedom Housing Properties Contracts for the provision of services to North Devon Council. Room hire and desk space income from partners working from The Freedom Centre. Grant income from government bodies including MHCLG Ministry of housing communities and local government. Grant Income from large and small grant making trusts. Specific 'Cost of living. grant funding targeted to support those most in need. Support from the wider Freedom organisations 'Friends of Freedom. regular donation support programme Other gifts & donations We have continued to invest reSoUrS in fundraising, specifically bid writing to grant making trusts which continues to produce a steady supply of restrided and unrestricted funding. During the year the Company's total income was £1,058,258 {2023 £1,251,937) of which restricted funds comprised £192,844 (2023 £442,707). Total expenditure was £1,026,457 (2023 £1,033,020). Page 13
Freedom Community Alliance Limited Trustees Report (incorporating Directors, report) Year Ended 30 June 2024 As at 30 June 2024 the Trustees held a General Fund made up of unrestricted funds which are not designated and are freely available of £0. The trustees have designated the following funds The Trustees, target is to ensure the charity has a reserve to cover Running Costs, at least cover the working capital requirements of 4 weeks, housing benefit plLrs between four to six month's non-housing related expenditure to meet general running costs and ensure ongoing operations are sustainable. At 30th June 2024 designated fund held represented 4.59 months which is within the target range but £56,060 below six months non-housing related expenditure. The trustees have designated a fixed asset reserves equal to the net book value of fixed assets less the amount of the mortgage secured to purchase the house in Pulchrass Street which is not available to fund expenditure of £249,812. The trustees have taken the £47,500 New and Expanded Initiatives fund back into general funds. The trustees hold restricted reserves of £114,110. Reserves Policy The Trustees, target is to ensure the charity has a reseNe to cover Running Costs, at least cover the working capital requirements of 4 weeks, housing benefrt plus bebmeen four to six month's non-housing related expenditure to meet general running costs and ensure ongoing operations are sustainable. Going concern statement The trustees have reviewed the circumstances of the Charity and consider that adequate resources continue to be available to fund its activities for the foreseeable future. The trustees are of the view that the charity is a going concern. Statement of trustees, responsibilities The trustees (who are also the diredors of Freedom Communrty Alliance Limited 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 Stsndards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies. Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial ststements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and apply them consistently., obseNe the methods and principles in the Charities SORP; makejudgements and estimates that are reasonable and prudent., stste whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements., and Page 14
Freedorn Community Alliance Limited Trustees Report (incorporating Directors. report) Year Ended 30 June 2024 prepare the financial statements on the going conrn basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable companls website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Disclosure of information to auditor Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant infomiation that they know of and of which they know the auditor is unaware. Small companles provlsion statement This report has been prepared in accordance with the small companies regime under the Companies Act 2006. The annual report was approved by the trustees of the charity on 3 March 2025 and signed on its behalf by.. Mr D Hunt Trustee Page 15
Freedom Community Alliance Limited Independent Auditor's Report to the Members of Freedom Community Alliance Limited Opinion We have audited the financial statements of Freedom Community Alliance Limited {the 'charity') for the year ended 30 June 2024, which comprise the Statement of Financial Activities, Balance Sheet, Statement of Cash Flows, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and applicable law {United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of the state of the Charity's affairs as at 30 June 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then have been prop8rly prepared in accordance with Untted Kingdom Generally Accepted Accounting Practice. and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that 8re relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and the provisions available for small entities, in the circumstances set out in note to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, W8 have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditians that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other information The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditorfs report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent othewise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Page 16
Freedom Community Alliance Limited Independent Auditor's Report to the Members of Freedom Community Alliance Limited In connection with our audit of the financial statements. our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial slaternents or our knowledge obtained in the audit or othenmise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinion on other matter prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: the information given in the Trustees Report (incorporating Directors, report) for the financial year for which the financial statements are prepared is consistent with the financial statements- and the Trustees Report (incorporating Directors, report) has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees Report (incorporating Directors, report). We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting records have not been kept, or retums adequate for our audit have not been received from branches not visited by us. or the financial statements are not in agreement with the accounting records and returns., or certain disclosures of trustees remuneration specified by law are not made,. or we have not received all the infomiation and explanations we require for our audit. Responsibilities of trustees As explained more fully in the Statement of trustees, responsibilities (set out on page 14 and 15), the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going Goncern, disclosing, as applicable. matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. Page 17
Freedom Community Alliance Limited Independent Auditor's Report to the Members of Freedom Community Alliance Limited Audltor responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assuran about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditoff s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordan with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material rf. individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. The extent to which our prOdureS are capable of detecting irregularities. including fraud is detailed below.. We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our general commercial and sector experience and through discussion with the trustees and other management. We communicated identified laws and regulations throughoLrt our team, and remained alert to any indications of non-cornpliance throughout the audit. The Charity is subject to laws and regulations that govern the prep8r8tion of the financial statements, including financial reporting legislation, and other charity legislation. The Trust is also subject to other laws and regulations where the consequences of non-compliance could have a material impact on the amounts or disclosures within the financial statements, including employment, anti-bribery, anti-money laundering and certain aspects of Charity legislation. Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. In any audit, there remains a higher risk of non-detection of irregulariities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-complian with all laws and regulations. As part of an audit in accordance with ISAS (UK). we exercise professional judgement and maintain professional scepticism throughout the audit. We also= Identify and assess the risks of material misstatement of the financial statements. whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of (he charity's internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. Page 18
Freedom Community Alliance Limited Independent Auditor's Report to the Members of Freedom Community Alliance Limited Conclude on the appropriateness of the trustees use of the going concern basis of accounting and, based on the audit evidence obtained, whether a matertal uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concem. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditorfs report. However, fLrture events or conditions may cause the charity to cease to continue as a going concern. Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the charity to express an opinion on the financial statements. We are responsible for the direction, supervision and performance of the charity audit. W8 remain solely responsible for our audit opinion. We communicate with those charged with govemance regarding, among other matters, the planned scope and timing of the audit and significant audit findings. including any significant deficiencies in internal control that we identify during our audit. Use of our report This report is made sole5y to the charitable company's trustees, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest e£(ent pemiitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its trustees as a body. for our audit work, for this report, or for the opinions we have fonned. Catherine Williams FCA DChA Senior Statutory Auditor Westcotts (SW) LLP 47 Boutport street Barnstaple Devon EX311SQ Page 19
Freedom Community Alliance Limited Statement of Financial Activities for the Year Ended 30 June 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted funds Restricted funds Total 2024 Total 2023 Note Income and Endowments from: Donations and legacies Charitable activities Investment income Other income 140,733 684,860 2,833 36,988 192,844 333,577 884,860 2,833 38,988 427,493 751,094 578 72,772 Total income 885,414 192,844 1,058,258 1,251,937 Expenditure on: Raising funds Charitable activities {11,526) (843,695) (11,5261 {1,014,9311 (1,026,457) {13,570) (1,019,450) {1.033,020) (171,238) Total expenditure Net income Transfers beeen funds (855,221) (171,236 10,193 30,666 21,808 {30,6681 31,801 218,917 Net movement in funds 40,859 (9,0581 31,801 218,917 Reconciliation of funds Total funds brought forward Total funds carried forward 21 437,285 123,168 560,453 341,536 478,144 114,110 592,254 560,453 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 21. The notes an pages 23 to 37 fonn an integral part of these financial statements. Page 20
Freedom Community Alliance Limited (Registration number: 06628989) Balance Sheet as at 30 June 2024 2024 2023 Note Fixed assets Tangible assets 15 394,840 410,684 Current assets Debtors Cash at bank and in hand 16 17 72,499 377,083 449,582 71.011 290,732 361,743 Creditors: Amounts falling due wlthln one year Net Current assets 18 111,1441 (66,521) 338,438 295,222 Total assets less current liabllltles 733,278 705,906 Creditors: Amounts falling due after more than one year 19 (141,024 592,254 145,453) 560,453 Net assets Funds of the charity: Restricted income funds Restricted funds 114,110 123,168 Unrestricted incorne funds Unrestricted funds Designated funds - running costs Designated funds - fixed assets Total unrestricted funds 128,075 47.500 261,710 228,332 249,812 478,144 437,285 Total funds 21 592,254 560,453 These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 ofthe Companies Act 2006. The financial statements on pages 20 to 37 were approved by the trustees, and authorised for issue on 3 March 2025 and signed on their behalf by.. Mr D Hunt Trustee The notes on pages 23 to 37 form an integral part of these financial statements. Page 21
Freedom Community Alliance Limited Statement of Cash Flows for the Year Ended 30 June 2024 2024 2023 Note Cash flows from operating activities Net cash income 31,801 218.917 Adjustments to cash flows from non4ash items Depreciation Investment income Loss on disposal of fixed assets held for the charity's own use 57,325 12,833) 42.373 (578) 1,094 6,449 87,387 267.161 Working capital adjustments (Increase)Idecrease in debtors Increase in creditors Increasel{decreasel in deferred income 16 18 19 {1,488) 7,431 36,709 23,810 14,989 (34,417) 271,543 Net cash flows from operating aGtivitie5 Cash flows from investing actlvlties Interest receivable and similar income Purchase of tangible fixed assets Sale of tangible fixed assets Net cash flows from investing activitl8S 130,039 2,833 (42,658) 83 578 {278,730) 400 15 {39,742) {277,752} Cash flows from financing activities Value of new loans obtained during the period Repayment of loans and borrowings Net cash flows from financing activities 150.000 (1,026) 18 (3,946) {3,946) 148,974 Net increase in cash and cash equivalents Cash and cash equivalents at 1 July Cash and cash equivalents at 30 June 86,351 142.765 290,732 147,967 377,083 290,732 All of the cash flows are derived from continuing operations during the above periods. The notes on pages 23 to 37 form an integral part of these financial statements. Page 22
Freedom Community Alliance Limited Notes to the Financial Statements for the Year Ended 30 June 2024 1 Charity status The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation. The address of its registered office is- 1 Howard Avenue Barnstaple Devon EX32 8QA 2 Accounting policies Summary of slgnlflcant accounting policies and key accounting estimates The principal 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 otheTwise ststed. Statement of compliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement af Recommended Practice {appli¢able to charities preparing their accounts in accordanGe with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006. Basis of preparation Freedom Community Alliance Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless othenNise stated in the relevant accounting policy notes. The financial statements are prepared in sterling which is the functional currency of the entity. Going concern The trustees consider that there are no material uncertainties about the charity's abiSity to continue as a going concern nor any significant areas of uncertainty that affed the carrying value of assets held by the charity. Income and endowments All income is recegnised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably. Page 23
Freedom Community Alliance Limited Notes to the Financial Statements for the Year Ended 30 June 2024 Donations and legacies Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period. Legacy gifts are recognised on a case by case basis following the grant af probate when the administratorlexecutor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title to the asset having been transferred to the charity. Grants recelvable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liabilty and included on the balance sheet as deferred income to be released. Deferred Income Deferred income represents amounts received for future periods and is released to incoming resources in the period for which, it has been received. Such income is only deferred when: The donor specifies that the grant or donation must only be used in future accounting periods; or The donor has imposed conditions which must be met before the charity has unconditional entitlement. Expenditure All expenditur8 is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Raising funds These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds. Charitable activities Charitable expenditure camprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Grantpmvisions Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable. Page 24
Freedom Community Alliance Limited Notes to the Financial Statements for the Year Ended 30 June 2024 Support Costs Support costs include central functions and have been allocated to activity cost categories on a basis Gonsistent with the use of resources, for example, allocating property costs by floor areas, or per Gapita, staff costs by the time spent and other costs by their usage. Tangible fixed assets Individual fixed assets costing £150 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impaimient losses. Depreciation and amortisation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Asset class Freehold property Leasehold property Motor vehicles Furniture and equipment Depreciation method and rate 50/0 Straight line 5_10 % straight line 25 % reducing balance 10 . 330A straight line 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. Fund structure Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity. Designated funds are unrestricted funds eamiarked by the trustees for specific purposes. Restricted income funds are those donated for use in a particular area or for specific pUoses, the use of which is restricted to that area or purpose. Pensions and other post retirement obligatlons The chartty operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity 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 serviGe in the current and prior periods. Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for seNice, the excess is recognised as a prepayment. Page 25
Freedom Community Alliance Limited Notes to the Financial Statements for the Year Ended 30 June 2024 3 Income from donations and lega¢les Unrestricted funds General Restricted funds Total 2024 Donatians and legacies,. Donations Legacies Gift aid reclaimed Grants, including capital grants. Grants 69,649 1,525 4,803 16,431 86,080 1,525 4,916 113 64,756 140,733 176,300 241,056 192,844 333,577 Unrestricted funds General Restricted funds Total 2023 Donations and legacies., Donations Gift aid reclaimed Grants, including capital grants; Grants 43,991 3,721 3,799 47,790 3,721 18,155 357,827 375,982 65,867 361,628 427,493 4 Income from charitable activities Unrestricted funds General Total 2024 Housing Benefit & Resident's Contributions Contractual Income for Housing Support servIs 539,347 145,513 539,347 145,513 684,860 684,860 Unrestricted funds General Restricted funds Total 2023 Housing Benefit & Resident's Contributions Contractual Income for Housing Support Services 604,251 604,251 65,762 81,a81 81,081 146.843 751.094 670,013 Page 26
Freedom Community Alliance Limited Notes to the Financial Statements for the Year Ended 30 June 2024 5 Investment income Unrestricted funds General Total 2024 Interest receivable on bank deposits 2,833 2,833 Unrestricted funds General Total 2023 Interest receivable on bank deposits 578 578 6 Other income Unrestrlcted funds General Total 2024 other income Rental income Gains on sale of tangible fixed assets for charity's own use 8,984 27,921 83 8,984 27.921 83 36,988 36,988 Unrestricted funds General Total 2023 other income Rental income 9,703 63,069 9,703 63,069 72,772 72,772 Page 27
Freedom Community Alliance Limited Notes to the Financial Statements for the Year Ended 30 June 2024 7 Expenditure on raising funds Unrestricted funds General Total 2024 Costs of raising donations and legacies Fundraising costs Costs of trading activities Warehouse costs 11.494 11.494 32 32 11,526 11.526 Unrestricted funds General Total 2023 Costs of raising donations and legacies Fundraising costs Cost of trading activities Warehouse costs 13,503 13,503 67 67 13,570 13,570 8 Expenditure on charitable activities Unrestricted funds General Restricted funds Total 2024 Note Direct costs Grant funding of adivities Allocated support costs 587,193 4,120 252,382 843,695 146,433 733.626 4,120 277,185 10 24,803 171,236 1,014.931 Unrestricted funds General Restricted funds Total 2023 Note Direct costs Grant funding of 8Ctivities Allocated support costs 565,007 920 236,790 203,996 769,003 920 249,527 10 12,737 216,733 802.717 1,019,450 Page 28
Freedom Community Alliance Limited Notes to the Financial Statements for the Year Ended 30 June 2024 9 Analysis of support costs Support cost5 allocated to charitable activities Total 2024 Total 2023 Management and finance staff Rent & related landlord costs Insuran Heating & Lighting Computer & sofhmare Irrecoverable VAT Auditors fees Depreciation other support costs 91,631 62,132 13,803 10,145 5,704 17,832 8,480 58,501 8,957 277,185 97,239 43,067 18,125 7.560 7.819 13,256 7.746 48.822 5,893 249,527 10 Grant-making Analysls of grants Grants to instltutions 2024 2023 Analysis Grants paid 4,120 920 Page 29
Freedom Community Alliance Limited Notes to the Financial Statements for the Year Ended 30 June 2024 11 Net incomingloutgoing resources Net incoming resources for the year include.. 2024 2023 Loss on dispasal of tangible fixed assets Depreciation of fixed assets 1,094 57,324 6,449 42,373 12 Trustees remuneration and expenses No trustees, nor any persons cannected with them, have received any remuneration from the charity during the year in respect of their role as Tmstee. Note 24 includes all related party transactions including details of remuneration paid to Trustees in respect of their employment. No trustees have received any reimbursed expenses from the charity during the year. 13 Staff costs The aggregate payroll costs were as follows: 2024 2023 staff costs during the year were: Wages and salaries Social security costs Pension costs 450,895 28,849 6,938 424,722 24,030 5,722 486,682 454,474 The monthly average number of persons (including senior management I leadership team) employed by the charity during the year was as follows= 2024 2023 Charitable activities and related support staff 29 31 No employee received emoluments of more than £60,000 during the year. The key management personnel are defined as the CEO and the Operations Manager. Their total remuneration including employerfs Nl and pension contributions for the year was £57,794 (2023 £53,420). Page 30
Freedom Community Alliance Limited Notes to the Financial Statements for the Year Ended 30 June 2024 14 Auditors. remuneration 2024 2023 Audtt of the financial statements 6.925 6,800 other fees to auditors All other non-audit services 1,555 946 15 Tangible fixed assets Fumiture and equipment Freehold Property Leasehold property Motor vehicles Total Cost At 1 July 2023 Additions Disposals At 30 June 2024 217,228 1,201 262,200 330,043 41,457 (18,834) 32,519 841,990 42,658 (22,349) {3,515) 218,429 258,685 352,666 32,519 862,299 Depreciation At 1 July 2023 Charge forthe year Eliminated on disposals At 30 June 2024 1.086 170,810 251,474 7,936 431,306 4.345 14,683 32,430 5,867 57.325 (2,622) {18,550) (21,172) 5,431 182,871 265,354 13,803 467,459 Net book value At 30 June 2024 212.998 75,814 87.312 18,716 394,840 At 30 June 2023 216,142 91,390 78,569 24.583 410.684 Page 31
Freedom Community Alliance Limited Notes to the Financial Statements for the Year Ended 30 June 2024 16 Debtors 2024 2023 Trade debtors Prepayments Accrued income 321 26,669 45,509 14,941 19,602 36,468 71.011 72,499 17 Cash and cash equivalents 2024 2023 Cash at bank 377,083 290,732 18 Creditors: amounts falling due within one year 2024 2023 Trade creditors Pulchrass Street Mortgage Other taxation and social security Accruals Deferred income 25,016 4,004 13,635 12,864 55,625 111,144 18,535 3,521 12,116 13,433 18,916 66,521 2024 2023 Deferred income at 1 July 2023 Amounts released from previous periods Resources defeed in the period 18,198 {18,196) 55,625 53,333 (53,333) 18,916 Deferred income at year end 55,625 18,916 19 Creditors: amounts falling due after one year 2024 2023 Pulchrass Street Mortgage 141,a24 145,453 The mortgage is secured against 24 Pulchrass Street, Bamstaple. Page 32
Freedom Community Alliance Limited Notes to the Financial Statements for the Year Ended 30 June 2024 20 Obligations under leases and hire purchase contracts Operating lease commitments Total future minimum lease payments under non-cancellable operating leases are as follows= 2024 2023 Other Within one year Between one and five years After five years 208,309 650,984 812,694 1,671,987 215.817 666,663 982,396 1,864,876 21 Funds Balance at 30 June 2024 Balance at 1 July 2023 Incoming Resources resources expended Transfers UnrestriGted funds General Funds 128,075 865,331 1796,720) (196,686) Designated ReseNes New and Expanded Initiatives Running Costs Fixed Assets 47,500 (47,500) 228,332 46,520 228,332 249.812 261,710 83 (58,501) (58,5011 (855,2211 309,210 83 227,352 478,144 Total unrestricted funds 437,285 865,414 30,666 478.144 Restricted funds Housing & Homeless Day Centre Core Cost Other Night Shelter Transformation 26.184 44,382 12,739 5.660 116,901 20,133 {3,848) (110,170) {8,452) (11,178) {9,065) {10,423) 16,818 42,048 13,997 39,863 50.150 (48,766) (171,236) 41,247 123,168 192.844 130,666) 114,110 Total funds 432,378 192.927 {229,737) 196,686 592.254 Page 33
Freedom Community Alliance Limited Notes to the Financlal Statements for the Year Ended 30 June 2024 Balance at 1 July 2022 Balance at 30 June 2023 Incoming Resources resources expended Transfers Unrestricted funds General Funds 45,525 809,138 1767,465) 40,877 128.075 Designated ReseNes New and Expanded Initiatives Fixed Assets 47,500 181,176 228,676 47,500 261,710 309,210 92 (48,822) 48,822 129,264 92 129,284 Total unrestricted funds 274,201 809,230 (816,2871 170,141 437,285 Restricted funds Housing & Homeless Day Centre Core Cost other Night Shelter Transformation 52,213 596 14.526 1,756 84,600 137,581 (764) (40,8141 (139,3681 {27,021) 26.184 44.382 12.739 218,770 (35,787) (216,7331 (143,120) {170,141) 39.863 67,335 442,707 123,168 Total funds 341,536 1.251,937 (1,033,020 560,453 Page 34
Freedom Community Alliance Limited Notes to the Financial Statements for the Year Ended 30 June 2024 Unrestricted funds General Fund General funds are unrestricted free reserwes receivable or generated for the objectives of the charity. without further specific purpose and which the charity may use for its purposes at its discretion. New and Ex anded Initiatives Designated fund, designated for New and Expanded Initiatives which has been taken back into the general fund. Fixed assets Designated fund equal to the net book value of fixed assets, less the amount of the mortgage secured to purchase the house in Pulchrass Slreet. which is not available to fund expenditure. Running costs Designated fund to ensure the charity has a reserve to cover Running Costs, covering, at least, the working capital requirements of 4 weeks, housing benefit, plus beeen four to six month's non-housing related expenditure to meet general running Gosts and ensure ongoing operations are sustainable. Restricted funds Housin & Homeless Grants and gifts received for buying or refurbishing any of the properties and other costs of housing. Centre Core Cost Grants and gifts received for core Costs of the Freedom Centre. Other Grants and gifts received for other costs, including training, education and life skills development and other costs. ht shelter transformation Restricted revenue grant from DLUHC under the govemment's Night Shelter Transformation Fund towards support costs, welfare security visits and small property improvements towards 8 beds of accommodation in pla of night shelter provision. Transfers between funds Transfers from restricted funds to unrestricted funds represent capital and other grants for the purchase of fixed assets which have been spent on the agreed fixed assets, the amounts capitalised have been transferred to the Designated Fixed Asset reseNe. Transfers from the General Fund are in respect of the designations made by the trustees. Page 35
Freedom Community Alliance Limited Notes to the Financial Statements for the Year Ended 30 June 2024 22 Analysis of net assets between funds Unrestricted funds General Total funds at 30 June 2024 Restricted funds Tangible fixed assets Current assets Current liabilities Creditors over 1 year Total net assets 394,840 335,472 (111,144) (141,024) 478,144 394,840 449,582 (111,144} (141,024) 592,254 114,110 114,110 Unrestricted funds General Total funds at 30 June 2023 Restrlcted funds Tangible fixed assets Current assets Current liabilities Creditors over 1 year Total net assets 410,684 238,575 (66,521) 145,453) 437,285 410,684 361,743 (66,521) {145,4531 123,168 123,168 560,453 23 Analysis of net funds At 1 July 2023 At 30 June 2024 Cash flows Cash at bank and in hand Debt due within one year Debt due after more than one year Net cash 290,732 {3,521) (145,453) 141,758 86,351 (483) 4,429 377,083 (4,004) (141,024 232,055 90,297 Page 38
Freedom Community Alliance Limited Notes to the Financial Statements for the Year Ended 30 June 2024 24 Related party transactions There were no related party transactions in the year 2024. 2023 Related art transactions The Charity occupies the same building as Freedom Apostolic Ministries Limited (FAM) and Freedom Trust was the formal tenant of the building until 25 Dember 2022. One of the trustees of the Charity. until December 2022, was also a trustee of Freedom Apostolic Ministries Limited. During the prior year the Charity paid rent and landlord's recharged expenses of £25,226 to Freedom Trust. Freedom Apostolic Ministries Limited paid £13,647 during the year ended 30 June 2023 to the Charity, for services provided and rent. During 2023, one Trustee was employed by the Charity with a total gross salary cost of £15,877" Mr R Bartlett resigned as TrLJStee in June 2023. During 2023, a spouse of one of the Trustees was employed by the Charity., Mrs Parsons was employed by the Charity at total gross salary cost of £17,066. The level of payments made to these individuals were determined in accordance with pay scales operated by the Charity and approved by the independent trustees. The trustees were satisfied that these individuals were the most appropriate individuals for their respective roles and their remuneration is permitted by the Charitys constitLrtion. Indemnity insurance was provided for the trustees as part of a policy covering other insurable risks. No separate cost for indemnity insurance was provided by the insurer. Page 37