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← St John's Approved Premises

2024-03-31-accounts

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 I MARCH 2024 FOR ST JOHN'S APPROVED PREMISES

ST JOHN'S APPROVED PREMISES

CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2024

Page Statement from the Chair of Trustees | Report of the Trustees 2 to 8 Report of the Independent Auditors 9 to 12 Statement of Financial Activities 13 Balance Sheet 14 Cash Flow Statement 15 Notes to the Financial Statements 16 to 32 Detailed Statement of Financial Activities 33 to 34

ST JOHN'S APPROVED PREMISES STATEMENT FROM THE CHAIR OF TRUSTEES for the Year Ended 31 March 2024 en

Over the past year St Johns is now operating in a manner as close as possible to that before the covid pandemic. There have been noticeable improvements for service delivery, occupancy, staff development. Furthermore, resident meetings, purposeful activities, training, and development planning have all been able to recommence in earnest.

Our funding and key relationship with His Majesty's Prison and Probation Service (HMPPS) continues to operate with strong contract management arrangements in place, and we maintain strong partnerships with a range of agencies across Leeds and beyond.

In early August 2023 it was confirmed by the Ministry of[Justice][that][St][John's][contract][would][be][extended][on] | year plus | year basis until the end March 2026. This gives contract funding certainty until at least that point. The MoJ's longer-term commissioning programme commenced in late 2023 and was concluded in June 2024, with a view to establishing new contracts, with a five-year term, to take effect from April 2026. St John's has submitted its bid, which we believe to be a very strong bid, based on our successful running of an Approved premises for a very lengthy period. The HMPPS tender/ bid outcomes will be confirmed in likely May 2025.

Over the few years, HMPPS has introduced and embedded revised Key Performance Indicators (KPIs). We are now measured monthly in relation to the work we complete with our resident group; including in respect of occupancy, the timeliness of our recorded inductions, weekly key-working completion on all residents and the social value of the purposeful activities we offer. St John's performance has consistently been above target in all such measures since the introduction of KPI's.

We have ensured we have robust systems in place to ensure we meet all these KPI's, and to demonstrate improvement across all areas of service delivery and performance management in partnership with HMPPS and other partner agencies. We continue to host regular visits from newly qualified and trainee Probation officers from the local Probation Offices as part of their induction process. The nature of the work of St John's, and the need to maintain confidentiality for our resident group, sadly does not allow for opportunities for volunteers.

St John's has been successful in achieving accreditation as an ‘Enabling Environment’ over the past six or more years, and we are pleased to inform that we received our third such Award in October 2023 for a further three- year term. The EE award is a benchmark for excellence and as such we are once again extremely pleased with this achievement.

St Johns' are pleased to confirm that all staff that were remaining within the Local Authority Pension Fund (West Yorkshire Pension Fund) have exited this in June 2023. All outstanding financial liabilities have also been paid in full in June 2024 and all current staff are now enrolled with People's Pension.

Alongside this, our housing project Compass St Johns, continues to work in partnership with Leeds City Council, and whilst now physically separate is an integral part of our work. It has continued to achieve its stated targets and provide excellent service delivery. We have once again seen the best of our staff working together with the care and concern one would hope for, with excellent teamwork.

We end this financial year with greater financial certainty, as well as excellent KP! outcomes, | want to take a moment to reflect on the journey we've been on together. It has undoubtedly been a challenging year for the trustees, with various obstacles that tested our resilience and determination. Yet, through perseverance, collaboration, and a shared commitment to our mission, we have come through stronger and more united than before.

| would also like to express my heartfelt gratitude to our dedicated staff and volunteers. Your unwavering support, hard work, and commitment have been instrumental in helping us navigate this year's challenges. The success and impact of St John AP is a direct result of your efforts, and for that, we are incredibly thankful.

Together, we've made a real difference, and | am confident that with this strong foundation, we will continue to achieve great things in the year to come.

Thank you once again for your dedication and support.

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ST JOHN'S APPROVED PREMISES

REPORT OF THE TRUSTEES for the Year Ended 31 March 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective | January 2019).

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ST JOHN'S APPROVED PREMISES

REPORT OF THE TRUSTEES for the Year Ended 31 March 2024

OBJECTIVES AND ACTIVITIES Objectives and aims

The Charity's purpose as set out in the objectives contained in the Memorandum and Articles of Association is to:

Maintain the Premises known as St John's, as an Approved Premises within the meaning of the Offender Management Act 2007 and in particular:

o Provide for the public benefit, legal, educational, or other assistance and accommodation, to those in need by reason of youth, age, ill health, disability, financial hardship, or other social disadvantage, and particularly for the rehabilitation of persons who have been convicted of criminal offence, who are on bail or who are otherwise subject to criminal proceedings. o Rehabilitate offenders particularly those addicted to drugs, alcohol or otherwise in need of help.

o Assist offenders who have mental health requirements.

o Relieve distress or suffering arising from offending behaviour.

o Seek suitable accommodation and employment for offenders whilst confronting their offending behaviour.

These objectives were reviewed on the formation of the Charity in July 2009. When reviewing the aims and objectives of the charity, and in planning future activities, the Trustees have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Commission

The Focus of Our Work

The Charity in the main supports individual's safe transition into the community, while providing an important level of public protection following release on licence from Prison. The model length of stay for a Person on Probation at an approved premises is 12 weeks. However, a range of factors will influence the duration, including the ability to safely progress an individual on into subsequent community or supported accommodation.

St John's has a highly trained team of staff including those qualified in probation, who work closely with field-based Probation Officers and other Prison staff, the Probation Service, prisons and the courts. Staff will challenge offending behaviour with a view to assisting offenders in addressing their lifestyle. Due to the specific skills required the charity does not make use of volunteers. The hostel offers an individual programme of work and every offender is expected to complete this during their stay. The programmes offered are tailored to reduce the risk of serious harm posed by offenders to members of the public.

As part of the rehabilitation services on offer at St John's, residents are required to take part in purposeful activities as well as a weekly Residents Meeting and other Service User groups. Preparation for move on and for independent living are facilitated by attendance at a Living Skills group which includes a practical focus on cookery and budgeting skills, participation in a Financial Awareness Programme, and employment and training support.

We offer specialist advice and support to address accommodation and housing provision and offer a move on accommodation service through the Compass St John's Housing Project.

St John's continues to work in tandem with a number of organisations providing the specialist services required by residents.

Achievements and Performance

At each meeting, Trustees review a range of Key Performance Indicators which have been determined based both on the trustees' own priorities, and those of His Majesty's Prisons and Probation Service (HMPPS). These include:

o Occupancy of 70% or more

o Achieving 70% 'social value’ as defined by 75% o Ensuring 95% or more of residents receiving first stage inductions o And ensuring that 95% or more of residents access key-work sessions

All KPls have been met on an ongoing and consistent basis since they were implemented.

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ST JOHN'S APPROVED PREMISES

for the Year Ended 31 March 2024

REPORT OF THE TRUSTEES

We continue to exceed expectations in terms of occupancy rates for the hostel, whilst both meeting an acceptable risk profile and ensuring we meet high support needs. We have worked to improve the residential experience for residents and tenants, both to address issues of institutionalisation and to make better preparation for release.

Our commitment to improving residents' lives, and to reduce reoffending and to protect the public, has served to motivate staff to improve services to residents and we have in the provision of the purposeful activities a wide range of activities and programmes to better equip our residents for independent living.

Consolidation and consistency of practice has seen improvement after the residency at St John's with Compass St John's Housing Project going from strength to strength. The aim and vision for the project to deliver further housing options through private rented supportive housing has continued to take shape. We continue to develop excellent relationships with local landlords and letting agencies as well as with Leeds City Council.

STRATEGIC REPORT

Financial position

The Statement of Financial Activities shows net expenditure of £95,880 for the year before actuarial losses of £731,000 and the reserves stand in total at £2,247,324 as at 31 March 2024.

The Management team submits an annual budget to the Trustees for approval. At each monthly management meeting, a financial review takes place.

The finances of the Approved Premises continue to be managed in a prudent and resourceful manner.

Pension Provision

The Charity operates a defined contribution pension scheme operated by the 'People's Pension’. Until June 2023, the Charity also had a small number of staff in the West Yorkshire Pension Fund (WYPF), although it had stopped admission to new staff since | July 2017. It has now withdrawn the remaining staff from WYPF Fund as of June 2023 and a final and complete exit from WYPF will be achieved in June 2024 on highly favourable negotiated terms, the exit from the scheme is dated 31 March 2024 as such the payment of all outstanding liabilities as been accrued within the accounts.

Principal funding sources

The Ministry of[Justice][is][the][principal][funder][of][St][ John's][Approved][Premises.][The][charity][received][£1,201,815][from][this][source][for] their main contract.

Investment policy and objectives

Investments are made principally through the development fund. Income generated from any investments contributes to the future development of St John's Approved Premises. Short term investments are approved by the Board of Trustees at Management Committee meetings.

Reserves policy

The Trustees are of the view that the level of central reserves is adequate to enable the charity to fulfil its charitable objectives. The Trustees have established a policy whereby the unrestricted funds of the Approved Premises not committed or invested in tangible fixed assets (‘free reserves’) are maintained at a level at which the Management Committee feels is sufficient to maintain the continuing activities of the charity on the basis of the funding arrangements with the Ministry of Justice and Leeds City Council. The Trustees estimate this level to be equal to two months expenditure, which equates to around £400,000. At 31 March 2024 the free reserves amounted to £496,295 including the funds designated for future capital works of £374,872. The Trustees will review the policy annually.

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ST JOHN'S APPROVED PREMISES

REPORT OF THE TRUSTEES

for the Year Ended 31 March 2024

STRATEGIC REPORT

Future plans

The targets for the coming year have been discussed and agreed and are set out below:

o Continue to manage the affairs of the charity in accordance with the legal requirements. o Continue to manage the finances of the Trust with prudence.

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|||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |o|Continue|to|promote|the|work|of|the|charity.| |o|Recruitment|of|new|Trustees|who|have|relevant|skills|as|required,|remaining|aware|of|the|constant|need|to|be|inclusive|and| |encourage|diversity.| |o|Maintain|a|skills|audit|of|Trustees.| |o|Provide|training|as|necessary|for|the|Trustees.| |o|Set|strategy|and|targets|with|awareness|of|and|responsive|to|needs|for|strategic|change.| |o|Contribute|to|national|and|local|debate|within|the|Ministry|of|Justice|and|HMPPS|to|promote|the work|of Approved|Premises.| |o|Review|the|performance|of management|by|completing|objectives|set|by|HMPPS,|and|the|Trustees.| |o|Continue|to|maintain,|as|well|as|seek|to|improve,|St John's|Hostel|as|a|property|that|is|fit|for|the|purpose.| |o|Where|appropriate|and|agreed,|to|act|in|pursuing|discussions|and|any|action|relevant|to|point|2|above.| |o|Monitoring|the|performance|of the|Trustees|against|national|and|local|targets.| |o|Support|St|John's|Approved|Premises|in|developing|the|work|carried|out|with|high|and|very|high-risk|offenders.| |o|Continue|to|develop|the|structured|interventions|for|residents,|including|the|timetable|of|Purposeful|Activities|and|to|promote| |service|user|involvement.| |o|Continue|to|provide|settled|and|secure|move|on|accommodation|for|residents|and|continue|to|develop|housing|opportunities| |through|Compass|St|John's|Housing|Project.|

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STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is a charitable company limited by guarantee. It is governed by the rules contained within its Memorandum and Articles of Association. Members guarantee to contribute an amount not exceeding £10 each to the assets of the charitable company in the event of winding up. Recruitment and appointment of new trustees The Directors of the company are also charity Trustees for purpose of charity law and under the company's articles are known as members of the council. The Trustees who held office during the period and to date are as listed in the reference and administration details. The Board has a wide range of backgrounds and skills, bringing expertise in education, business, and finance. The Board is currently seeking to add to its number.

Key management remuneration

The Trustees are able to use their discretion in regard to the pay and remuneration, and are able to ensure parity with other key personnel in regard to skill levels and experience, to benchmark against those in public sector employment and particularly with due attention to those working in the National Probation Service, historically across similar pay bands and structure.

The committee consider the key management roles as the Strategic Manager, Operational Manager and Compass Manager. The total employee benefits of key management personnel of the charity were £214,662, (2022:£201,007).

Fundraising

The organisation does not actively fundraise from the public, no professional fundraisers or commercial participators are engaged. Fundraising in the charity sector has been regulated by the Fundraising Regulator (FR) since 2015 but the organisation is not specifically registered. The Trustee Board is not aware of any failure by the Charity to comply with this regulation and no complaints have been received in relation to any form of fundraising.

ST JOHN'S APPROVED PREMISES

REPORT OF THE TRUSTEES

for the Year Ended 31 March 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Related parties

St Johns works in partnership with HMPPS, the National Probation Service, Leeds City Council, Burley Park and Hyde Park Medical Services, Local Housing Associations, Drug and Alcohol Services, Mental Health Services and local landlords. These partnerships cater for the diversity, health, and wellbeing of all our residents.

HMPPS provides principal funding and we work in partnership with them and the National Approved Premises Association at a national level. The hostel has consistently achieved excellent results. The Trustees offer their thanks and appreciation to all agency partnerships for the commitment and assistance to the Charity over the last 12 months, allowing us to fulfil our work to such an excellent standard.

See note 19 to the financial statements for related party disclosures.

Risk management

Having conducted a review of the major risks to which the charity is exposed, systems have been identified and implemented with the intention of mitigating any risk faced by the charity.

Compliance of health and safety regulations in relation to staff, tenants, residents and visitors to the hostel, is in accordance with the Mentor Services provided by the Royal Bank of Scotland.

A comprehensive Health and Safety report is prepared and presented monthly to the Trustees. This gives the Board the opportunity to act upon any points identified and ensure staff compliance.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 06904882 (England and Wales)

Registered Charity number 1129748

Registered office 263 Hyde Park Road

Leeds West Yorkshire LS6 |AG

Trustees

Mr S P Harper (resigned 29/1/24) Mr R W W Jackson Mr B Riley Mr C G Spiller Mr EJ Wright Mrs | Johnson (resigned 29/1 1/23) Mr EA Britten (appointed 22/7/24) Mr P M Levine (appointed 26/2/24)

Principal Staff

A Khan - Chief Executive Officer A Phillips - Operational Manager B Collett - Compass St John's Housing Project Manager

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ST JOHN'S APPROVED PREMISES

REPORT OF THE TRUSTEES

for the Year Ended 31 March 2024

REFERENCE AND ADMINISTRATIVE DETAILS Company Secretary

St John's Approved Premise

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|||||| |---|---|---|---|---| |Auditors| |Sowerby| |Chartered|Accountants|and|Statutory|Auditors| |Beckside|Court| |Annie|Reed|Road| |Beverley| |East|Yorkshire| |HUI7|OLF| |Solicitors| |Wrigleys|Solicitors|LLP| |19|Cookridge|Street| |Leeds| |LS2|3AG| |Bankers| |Royal|Bank|of Scotland| |27|Park|Row| |Leeds| |LS!|5QB|

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STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The trustees (who are also the directors of St John's Approved Premises for the purposes of company law) are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which 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 the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to 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.

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ST JOHN'S APPROVED PREMISES

REPORT OF THE TRUSTEES for the Year Ended 31 March 2024

STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued

In so far as the trustees are aware:

AUDITORS

The auditors, Sowerby, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on deeessessitsesseeseneeseenseeeseeee and Signed on the board's behalf by:

Mr EJ Wright - Trustee

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ST JOHN'S APPROVED PREMISES as

Opinion

We have audited the financial statements of St John's Approved Premises (the ‘charitable company') for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement 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 applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements: - give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; - have been properly prepared in accordance with United 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 Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, 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, we 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 conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are 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 Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

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 statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. 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.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

i

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ST JOHN'S APPROVED PREMISES

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) 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 charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so,

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ST JOHN'S APPROVED PREMISES

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, 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 procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect irregularities, including fraud. The risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below. However, the primary responsibility for the prevention and detection of fraud rests with both those charged with governance of the entity and management.

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, we considered the following:

We reviewed financial statement disclosures and performed testing to supporting documentation to assess compliance with applicable laws and regulations.

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF ST JOHN'S APPROVED PREMISES

We also tested the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business. There was a focus on manual journals and journals indicating large or unusual transactions; enquiries of company management; and challenging the assumptions and judgements made by management by reviewing third party evidence wherever possible.

The results of our procedures did not identify any instances or irregularities, including fraud.

No inherent difficulties were found in the standard processes for detecting irregularities

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company's members, 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 charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

AZ C“eKE Elizabeth Blanchard BA(Hons) BFP ACA PGCE (Senior Statutory Auditor) for and on behalf of Sowerby

Chartered Accountants and Statutory Auditors

Beckside Court

Annie Reed Road

Beverley East Yorkshire HU17 OLF , Date: 18 Lu Je...

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ST JOHN'S APPROVED PREMISES

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) for the Year Ended 31 March 2024

2024 2023
Unrestricted Designated Endowment Total Total
funds fund fund funds funds
Notes £ £ £ £ £
INCOME AND
ENDOWMENTS FROM
Donations and legacies 3 5,000 - - 5,000 5,000
Charitable activities 5
Charitable activities 1,201,815 - - 1,201,815 1,051,641
Core Rehabillitation 13,853 - - 13,853 21,744
CompassStJohn's Project 1,667,940 - . 1,667,940 1,649,311
Investment income 4 7,086 - - 7,086 2,541
Total 2,895,694 - - 2,895,694 2,730,237
EXPENDITURE ON
Charitable activities 6
Core Rehabillitation 1,056,855 - - 1,056,855 824,902
CompassStJohn's Project 1,805,366 - - 1,805,366 1,696,861
Governance 129,353 - - 129,353 124,565
Total 2,991,574 - - 2,991,574 2,646,328
NET
INCOME/(EXPENDITURE) (95,880) - - (95,880) 83,909
Transfers between funds 17 (123,990) 123,990 - - -
Other recognised gains/(losses)
Actuarial gains/(losses) on defined
benefit schemes (731,000) - . (731,000) 1,086,000
Net movement in funds (950,870) 123,990 - (826,880) 1,169,909
RECONCILIATION OF
FUNDS
Total funds brought forward 2,364,872 250,882 458,450 3,074,204 1,904,295
TOTAL FUNDS CARRIED
FORWARD 1,414,002 374,872 458,450 2,247,324 3,074,204

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The notes form part of these financial statements

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ST JOHN'S APPROVED PREMISES

BALANCE SHEET

31 March 2024

2024 2023
Unrestricted Designated Endowment Total Total
funds fund fund funds funds
Notes £ £ £ £ £
FIXED ASSETS
Tangible assets 13 1,265,497 - 458,450 1,723,947 1,746,908
CURRENT ASSETS
Debtors 14 108,464 - - 108,464 107,117
Cash at bank 194,110 374,872 - 568,982 526,610
302,574 374,872 - 677,446 633,727
CREDITORS
Amounts falling due within one year 15 (154,069) - - (154,069) (37,431)
NETCURRENTASSETS 148,505 374,872 - 523,377 596,296
TOTAL ASSETS LESS
CURRENT LIABILITIES 1,414,002 374,872 458,450 2,247,324 2,343,204
PENSION ASSET 18 - : - - 731,000
NETASSETS 1,414,002 374,872 458,450 2,247,324 3,074,204
FUNDS 17
Unrestricted funds:
General fund 1,414,002 1,633,872
Pension reserve - 731,000
Designated fund 374,872 250,882
1,788,874 2,615,754
Endowment funds:
Endowment fund 458,450 458,450
TOTALFUNDS 2,247,324 3,074,204

The financial statements were approved by the Board of Trustees and authorised for isSUC OM Ween and Were signed on its behalf by: MrLeEJ Wright - Trustee

The notes form part of these financial statements

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ST JOHN'S APPROVED PREMISES

CASH FLOW STATEMENT

for the Year Ended 31 March 2024

2024 2023
Notes £ £
Cash flows from operating activities
Cash generated from operations 20 35,286 37,786
Net cash provided by operating activities 35,286 37,786
Cash flows from investing activities
Purchase oftangible fixed assets - (87,388)
Interest received 7,086 2,541
Net cash provided by/(used in) investing activities 7,086 (84,847)
Change in cash and cash equivalents in the
reporting period 42,372 (47,061)
Cash and cash equivalents at the beginning
ofthe reporting period 526,610 573,671
Cash and cash equivalents at the end of
thereportingperiod 568,982 526,610

The notes form part of these financial statements

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ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS

for the Year Ended 31 March 2024

I.

COMPANY INFORMATION

St John's Approved Premises is a charitable company limited by guarantee and is also a registered charity. The registered office is 259-263 Hyde Park Road, Leeds, LS6 |AG.

  1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared on a going concern basis in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS 102) (effective | January 2019) ("Charities SORP (FRS 102)"), the Financial Reporting Standard applicable in the UK and Ireland (FRS 102), the Companies Act 2006 and the Charities Act 2011.

St John's Approved Premises meets the definition of a public benefit entity under FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £1.

Assets and liabilities are initially recognised at cost or transaction value unless otherwise stated in the relevant accounting policy note.

Going concern

The Trustees have prepared financial projections, taking into consideration the current economic climate and its potential impact on the sources of income and planned expenditure.They have a reasonable expectation that adequate financial resources are available to enable the charity to continue in operational existence for the foreseeable future. The core income streams of the charity are very secure in the short term being a Government contract and Local Authority funded housing provision, the charity does however have adequate contingency plans in the event that income streams are reduced. Consequently, the financial statements have been prepared on the basis that the charity is a going concern.

Income

All income is recognised in the Statement of Financial Activities ("SoFA") once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

Government grants are recognised when that is reasonable assurance that the charity will comply with the conditions attaching to the grant and the grant will be received (FRS!02.24.3A).

The value of services provided by volunteers is not included.

Investment income is included when receivable and the amount can be measured reliably by the charity.

Expenditure and irrecoverable value added tax

Expenditure, which includes attributable VAT which cannot be recovered is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

-16-

continued...

ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 3! March 2024

2. ACCOUNTING POLICIES - continued

Expenditure and irrecoverable value added tax

Charitable expenditure comprises those costs incurred by the charity in the deliverance of its activities and services for its beneficiaries. It includes both costs that can be directly allocated to such activities and those costs of an indirect nature necessary to support them.

Governance costs, included in support costs, include those costs incurred in the governance of the charity and its assets and are primarily associated with the constitutional and statutory requirements and are allocated to charitable activities.

All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis as set out in note 7

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% straight line
Fixtures and fittings - 33.3% on cost, 25% ona reducing balance basis and 10% straight line
Motor vehicles - 30% on reducing balance
Computerequipment - 10%straightline

Individual fixed assets costing more than £2,000 are capitalised.

Freehold land is not depreciated.

Freehold buildings are depreciated to their estimated residual value, based on current market conditions. Where the estimated residual value at the end of the useful economic life exceeds or approximates carrying value no depreciation is charged as any charge would be immaterial to the financial statements.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

General funds - are donations and other income receivable or generated for the objects of the charity without further specified purpose and are available as general funds.

Designated funds

Restricted funds - are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charges to the fund, together with a fair allocation of management and support costs.

Endowment funds - are the gift of an asset for the purpose of supporting the charity in its charitable activity.

Pension costs

The charity contributes to the West Yorkshire Pension Fund, a defined benefit scheme which is closed to new members, at rates set by the scheme's actuaries. The charity has accounted for these pension costs in accordance with FRS 102, the charity exited the scheme at the year end.

-|7-

continued...

ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 March 2024

reeee

2. ACCOUNTING POLICIES - continued

Pension costs

The charity also contributes to a defined contribution scheme with the People's Pension. The cost of the contributions is charged to the Statement of Financial Activities in the period to which they relate.

Financial instruments

The charity has elected to apply the provisions of Section || ‘Basic Financial Instruments' and Section |2 ‘Other Financial

Instruments' of FRS 012 to all of its financial instruments.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with short maturity held for working capital. Any bank overdrafts are shown within borrowings in current liabilities.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid.

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. Any impairment loss is recognised in the income and expenditure account.

Creditors, loans and provisions

Creditors, loans and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors, loans and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Financial liabilities are only derecognised when, and only when the charity's obligations are discharged, cancelled or they expire.

Amounts recognised as provisions are best estimates of the consideration required to settle the present obligation at the reporting date, taking into account the risks and uncertainties surrounding the obligation.

Critical Accounting Estimates and Judgements

In the application of the of the charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only one period, or in the period of the revision and future periods if the revision affects both current and future periods. The estimates and assumptions that have a significant risk of causing material adjustment to the carrying amount of assets and liabilities are outlined below.

Defined benefit pension scheme

ee

-18-

continued...

ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

The charity is a member of the West Yorkshire Pension Fund, a multi-employer defined benefit scheme. The charity recognised its share of scheme liabilities at fair value based on certain critical assumptions, such as discount rate, mortality and expected rates of return, as calculated by the scheme actuary.

Staff costs

The costs of short-term employee benefits are recognised as a liability and an expense where settlement of obligations does not fall within the same period.

Operating leases

Rentals applicable to operating leases are charged to the SoFA on a straight line basis over the term of the lease.

Residual values of freehold properties

The charity owns three freehold properties which are depreciated at cost less estimated residual value over their estimated useful economic lives of 50 years. The residual values are estimated based on the current market values of the properties assuming they are already of the age and condition at the end of their expected useful life. It is currently considered that the residual value is at least equal to the properties net book value.

  1. DONATIONS AND LEGACIES
3. DONATIONS AND LEGACIES
2024 2023
£ £
Employment allowance 5,000 5,000
4. INVESTMENT INCOME
2024 2023
£ £
Interestreceived 7,086 2,541

-|9-

continued...

ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 March 2024

5. INCOME FROM CHARITABLE ACTIVITIES

6.

2024 2023
Activity £ £
Ministry ofJustice Contract Charitable activities 1,201,815 1,051,641
Grants from HMPPS Core Rehabillitation - 9,966
Income from residents board Core Rehabillitation 13,853 11,778
Income from housing benefit -
Compass St John's
SU Fees		 CompassStJohn's Project
CompassStJohn's Project		 1,631,891
36,049		 1,621,155
28,156
2,883,608 2,722,696
CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 7) note 8) Totals
£ £ £
Core Rehabillitation 1,056,855 - 1,056,855
Compass StJohn's Project 1,805,366 - 1,805,366
Governance - 129,353 129,353
2,862,221 129,353 2,991,574

-20-

continued...

ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 3! March 2024

7. DIRECT COSTS OF CHARITABLE ACTIVITIES

Compass St
Core John's
Rehabilitation Housing 2024
£ £ £
Staffcosts 832,136 472,806 1,304,942
Rates 7,419 28,572 35,991
Insurance 14,116 - 14,116
Heating and Lighting 21,930 3,314 25,244
Rents to Landlords - 1,045,031 1,0945,031
Rent - 46,400 46,400
Sundry Expenses 1,127 88 1,215
Professional fees 38,611 480 39,091
Provisions 39,967 - 39,967
Loans and grants 121 - 121
Travelling expenses 1,736 55,363 57,099
Repairs and refurbishment 26,83
 112,497
Office expenses 27,259 17,852 45,111
Cleaning 14,066 20,326 34,392
Other SU costs - 547 547
Other staff costs 9,242 1,423 10,665
Depreciation 22,294 667 22,96
Total 1,056,855 1,805,366 2,862,221
Governancecosts 8 64,676 64,677 129,353

SAE:

continued...

ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 March 2024

7. DIRECT COSTS OF CHARITABLE ACTIVITIES - continued

Compass St
Core Re John's
habilitation Housing 2023
£ £ £
Staff costs 612,230 425,301 1,037,531
Rates 4,372 20,534 24,906
Insurance 15,841 - 15,841
Heating and Lighting 20,980 4,873 25,853
Rents to Landlords - 1,038,014 1,038,014
Sundry Expenses 1,079 82 1,161
Professional fees 7,630 1,435 9,065
Provisions 34,429 - 34,429
Loans and grants 135 - 135
Travelling expenses 2,297 52,779 55,076
Repairs and refurbishment 57,133 105,945 163,078
Office expenses 21,535 28,292 49,827
Cleaning 12,233 13,827 26,060
Other SU costs 261 805 1,066
Other staff costs 17,350 2,046 19,396
Depreciation 17,397 2,928 20,325
Total 824,902 1,696,861 2,521,763
Governance costs 8 62,282 62,283 124,565
8. SUPPORT COSTS
Governance
Management costs Totals
£ £ £
Governance 105,847 23,506 129,353

99

continued...

ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 March 2024

8. SUPPORT COSTS- continued

Support costs, included in the above, are as follows:

SUPPORT COSTS-- continued
Support costs, included in the above, are as follows:
2024 2023
Total
Governance activities
£ £
Wages
Auditors’ remuneration		 105,847
9,065		 106,428
7,645
Auditors' remuneration for non audit work 2,225 1,855
Legal and professional fees 12,216 8,637
129,353 124,565
  1. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
£ £
Auditors’ remuneration 9,065 7,645
Accountancy fees 2,225 1,855
Depreciation-ownedassets 22,96
  1. TRUSTEES' REMUNERATION AND BENEFITS

No Trustees received remuneration or any other benefits from the charity during this or the previous year.

Trustees’ expenses

Out of pocket expenses were paid to 4 Trustees totalling £719 (2023 - 6 trustees totalling £1,053), relating to reimbursed travel costs incurred on charity business.

Il. STAFF COSTS

2024 2023
£ £
Wages and salaries 072,528
Redundancy costs 28,500 -
Social security costs 98,462 84,152
Defined contribution pension contributions 139,500 35,401
Staffcosts before defined benefit pension items 1,338,990 1,093,115
Defined benefit pension contributions 71,799 53,079
1,410,789 1,146,194

-23-

continued...

ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS- continued

for the Year Ended 3! March 2024

I. STAFF COSTS - continued

The average monthly number of employees during the year was as follows:

2024 2023
Employees 48 54
The number ofemployees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:
2024 2023
£60,001 - £70,000 -
£80,001 - £90,000

The Committee consider the key management roles as the Strategic Manager, Operational Manager and Compass Manager. The total employee benefits of the key management personnel of the charity were £214,662 (2023 - £201,007).

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Designated Endowment Total
funds fund fund funds
£ £ E £
INCOME AND ENDOWMENTS FROM
Donations and legacies 5,000 - - 5,000
Charitable activities
Charitable activities 1,051,641 - - 1,051,641
Core Rehabillitation 21,744 - - 21,744
CompassStJohn's Project 1,649,311 - - 1,649,311
Investment income 2,541 - - 2,541
Total 2,730,237 - - 2,730,237
EXPENDITURE ON
Charitable activities
Core Rehabilitation 824,902 - - 824,902
CompassStJohn's Project 1,696,861 - - 1,696,861
Governance 124,565 - - 124,565
Total 2,646,328 - - 2,646,328
NET INCOME 83,909 - - 83,909
Transfers between funds (23,591) 23,591 - -
Other recognised gains/(losses)
Actuarialgainsondefinedbenefitschemes 1,086,000 - - 1,086,000

-24-

continued...

ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS- continued

for the Year Ended 3! March 2024

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL COMPARATIVES FOR THE STATEMENT OF FINANCIAL COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Designated Endowment Total
funds fund fund funds
£ £ £ £
Net movement in funds 1,146,318 23,591 - 1,169,909
RECONCILIATION OF FUNDS
Total funds brought forward 1,218,554 227,291 458,450 1,904,295
TOTAL FUNDS CARRIED FORWARD 2,364,872 250,882 458,450 3,074,204
13. TANGIBLE FIXED ASSETS
Fixtures
Freehold
property		 and
fittings		 Motor
vehicles		 Computer
equipment		 Totals
£ £ é £ £
COST
At
 April 2023 and
31 March 2024 1,600,000 216,371 9,150 8,698
DEPRECIATION
At
 April 2023 - 72,323 7,392 7,596
Charge for year - 22,294 527 140 22,961
At 31 March 2024 - 94,617 7,919 7,736 110,272
NET BOOK VALUE
At 31 March 2024 1,600,000 121,754 1,231 962 1,723,947
At31March2023 1,600,000 144,048 1,758 1,102 1,746,908

Freehold land and buildings include 259 and 263 Hyde Park Road in Leeds, which are properties held by the charitable company outright, and 26! Hyde Park Road which is held on trust (under the terms of a 1971 trust deed) as a result of a Charity Commission scheme dated 9 June 2009. Accordingly, the book value attributable to 261 Hyde Park Road of £458,450 has been classified as an expendable endowment within the funds of the charity.

-25-

continued...

ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS- continued

for the Year Ended 31 March 2024

==> picture [479 x 353] intentionally omitted <==

----- Start of picture text -----
||||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |14.|DEBTORS:|AMOUNTS|FALLING|DUE|WITHIN|ONE|YEAR| |2024|2023| |£|£| |Accrued|Income|82,917|81,496| |Prepayments|25,547|25,621| |108,464|107,117| |15.|CREDITORS:|AMOUNTS|FALLING|DUE|WITHIN|ONE|YEAR| |2024|2023| |£|£| |Social|security|and|other|taxes|-|741| |Accrued|expenses|154,069|36,690| |154,069|37,431| |16.|LEASING|AGREEMENTS| |Minimum|lease|payments|under|non-cancellable|operating|leases|fall|due|as|follows:| |2024|2023| |£|£| |Within|one|year|438,155|291,000| |Between|one|and|five|years|113,630|136,278| |551,785|427,278| |Included|in|the|lease|commitment|are|leases|for|property|amounting|to|£534,795,|(2023|-|£386,585)| |Tenants|of these|properties|sign|a|licence|to|occupy|which|has|a|28|day|notice|period,|there|is|currently|a|large|waiting|list| |for|the|properties.|All|occupants|receive|housing|benefit|paid|directly|to|the|charity|to|cover|the|above|costs.|

----- End of picture text -----

==> picture [469 x 170] intentionally omitted <==

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |17.|MOVEMENT|IN|FUNDS| |Net|Transfers| |movement|between|At| |At|1/4/23|in|funds|funds|31/3/24| |£|£|£|E| |Unrestricted|funds| |General|fund|1,633,872|(95,880)|(123,990)|1,414,002| |Pension|reserve|731,000|(731,000)|-|-| |Designated|fund|250,882|-|123,990|374,872| |2,615,754|(826,880)|-|1,788,874| |Endowment|funds| |Endowment|fund|458,450|-|-|458,450| |TOTAL FUNDS|3,074,204|(826,880)|-|2,247,324|

----- End of picture text -----

-26-

continued...

ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 March 2024

17. MOVEMENT IN FUNDS- continued Net movement in funds, included in the above are as follows:

Incoming Resources Gains and Movement
resources expended losses in funds
£ £ £ £
Unrestricted funds
General fund 2,895,694 (2,991,574) - (95,880)
Pension reserve - - (731,000) (731,000)
2,895,694 (2,991,574) (731,000) (826,880)
TOTALFUNDS 2,895,694 (2,991,574) (731,000) (826,880)
Comparatives for movement in funds
Net Transfers
movement between At
At 1/4/22 in funds funds 31/3/23
£ £ £ £
Unrestricted funds
General fund ,623,554 33,909 (23,591)
Pension reserve (405,000) 1,136,000 - 731,000
Designated fund 227,291 - 23,591 250,882
1,445,845 1,169,909 . 2,615,754
Endowment funds
Endowment fund 458,450 - - 458,450
TOTAL FUNDS 1,904,295 1,169,909 - 3,074,204
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
£ £ £ £
Unrestricted funds
General fund 2,730,237 (2,696,328) - 33,909
Pension reserve - 50,000 1,086,000 1,136,000
2,730,237 (2,646,328) 1,086,000 1,169,909
TOTALFUNDS 2,730,237 (2,646,328) 1,086,000 1,169,909

Comparative net movement in funds, included in the above are as follows:

277-

continued...

ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 March 2024

17. MOVEMENT IN FUNDS- continued

Transfers between funds

During the year £123,990 was transferred into the designated capital fund.

18. EMPLOYEE BENEFIT OBLIGATIONS

The charity exited the West Yorkshire Pension Fund (WYPF) at 3! March 2024.

Amounts included in the prior year were from the valuation dated 3! March 2023 based on the last triennial valuation of the scheme which took place as at 31 March 2022 and was undertaken by professionally qualified actuaries, Aon Hewitt, using the projected unit method.

As the charity exited the scheme as of 31 March 2024 the valuation was not readily available without additional cost. The cost of obtaining the report for the charity is not deemed to be an effective use of Charitable funds given the exit of the scheme is complete. The report would not change the figures reflected within the Statement of Financial Activities. The only movements of the scheme in the year are the current service cost, the interest cost and the Actuarial losses/(gains). The exit settlement calculated by the WYPF pension scheme of £100,000 has been agreed as at 31 March 2024, this was paid in June 2024 and as such has been accrued into the 2024 year end.

Therefore there remains no further defined benefit pension as at 31 March 2024 within the Statement of financial position. As such it has not been deemed required to disclose the individual movements as they do not impact the financial position seen in the Statement of financial position.

The amounts recognised in the Balance Sheet are as follows:

Defined benefit
pension plans
2023
£
Present value offunded obligations (2,402,000)
Fair value of plan assets 3,133,000
731,000
Present value ofunfunded obligations -
Surplus 731,000
Netasset 731,000

-28-

continued...

ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 March 2024

18. EMPLOYEE BENEFIT OBLIGATIONS- continued

The amounts recognised in the Statement of Financial Activities are as follows:

Defined benefit
pension plans
2023
£
Current service cost 56,000
Net interest from net defined benefit
asset/liability 92,000
Past service cost -
148,000
Actual return on plan assets -
Changes in the present value of the defined benefit obligation are as follows:
Defined benefit
pension plans
2023
£
Opening defined benefit obligation 3,458,000
Current service cost 56,000
Contributions by scheme participants 8,000
Interest cost 92,000
Actuarial losses/(gains) 234,000
Benefits paid (77,000)
Settlements -
Remeasurements:
Actuarial (gains)/losses from changes in
demographic assumptions 6,000
Actuarial (gains)/losses from changes in financial
assumptions (1,375,000)
2,402,000

-29-

continued...

ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS- continued

for the Year Ended 31 March 2024

18. EMPLOYEE BENEFIT OBLIGATIONS- continued

Changes in the fair value of scheme assets are as follows:

Defined benefit
pension plans
2023
£
Opening fair value ofscheme assets 3,053,000
Contributions by employer 115,000
Contributions by scheme participants 8,000
Benefits paid (77,000)
Settlements -
Interest income on assets 83,000
Assets other remeasurement (49,000)
3,133,000
The amounts recognised in other recognised gains and losses are as follows:
Defined benefit
pension plans
2023
£
Actuarial (gains)/losses from changes in
demographic assumptions (6,000)
Actuarial (gains)/losses from changes in financial
assumptions 1,375,000
Assets other remeasurement (49,000)
Actuarial gains/(losses) due to liability experience (234,000)
1,086,000

The major categories of scheme assets as a percentage of total scheme assets are as follows:

Defined benefit
pension plans
2023
Equities 80.80%
Government Bonds 6.90%
Corporate Bonds 4.60%
Property 3.30%
Cash Liquidity 2.30%
Other 2.10%
100.00%

-30-

continued...

ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS- continued

for the Year Ended 31 March 2024

18. EMPLOYEE BENEFIT OBLIGATIONS- continued

Principal actuarial assumptions at the Balance Sheet date (expressed as weighted averages):

2023
Discount rate 4.80%
Future salary increases 3.95%
Future pension increases 2.70%
Pension accounts revaluation rate 2.70%
CPI inflation 2.70%
Mortality assumptions based on life expectancy on reaching 65:
2023
Males:
Aged 65 at 31 March 21.6 years
Aged 45 at 31 March 22.9 years
Females:
Aged 65 at 31 March 24.6 years
Aged45at3!March 25.7years
  1. RELATED PARTY DISCLOSURES

No Trustees received remuneration or any other benefits from the charity during this or the previous year.

  1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
ACTIVITIES
2024 2023
£ £
Net (expenditure)/income for the reporting period (as per the
Statement ofFinancial Activities) (95,880) 83,909
Adjustments for:
Depreciation charges 22,96
Interest received (7,086) (2,541)
Defined benefit pension adjustments - 65,000
Increase in debtors (1,347) (11,351)
Increase/(decrease) in creditors 116,638 (2,556)
Difference between pension charge and cash contributions - (115,000)
Net cash provided by operations 35,286 37,786
21. ANALYSIS OF CHANGES IN NET FUNDS
At 1/4/23 Cash flow At 31/3/24
£ E £
Net cash
Cashatbank 526,610 42,372 568,982

-3|-

continued...

ST JOHN'S APPROVED PREMISES

NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 31 March 2024

21. ANALYSIS OF CHANGES IN NET FUNDS- continued

==> picture [436 x 32] intentionally omitted <==

----- Start of picture text -----
526,610 42,372 568,982
Total 526,610 42,372 568,982
----- End of picture text -----

22. TAXATION

The charitable company is a registered charity and as such is a charity within the meaning of schedule 6 of the Finance Act 2010. Accordingly, the Charity is potentially entitled to tax exemption under part || of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Act 1992 in respect of income and gains arising

23. LIABILITY OF MEMBERS

The company is limited by guarantee and does not have a share capital. Every member of the charity undertakes to contribute such sum as may be required (not exceeding ten pounds) to the charity's assets if it should be wound up while he or she is a member, or within one year after he or she ceases to be a member.

232:

ST JOHN'S APPROVED PREMISES

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2024

2024 2023
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Employment allowance 5,000 5,000
Investment income
Interest received 7,086 2,541
Charitable activities
Grants from HMPPS - 9,966
Ministry of Justice Contract 1,201,815 1,051,641
Income from housing benefit - Compass St John's 1,631,891 1,621,155
SU Fees 36,049 28,156
Income from residents board 13,853 11,778
2,883,608 2,722,696
Total incoming resources 2,895,694 2,730,237
EXPENDITURE
Charitable activities
Wages 1,093,643 948,509
Pensions 211,299 89,023
Rates 35,99
Insurance 14,116 15,841
Heating and lighting 25,244 25,853
Rents to landlords 1,045,031 1,038,014
Rent 46,400 -
Sundry expenses 1,205 1,161
Professional fees 39,09] 9,065
Provisions 39,967 34,429
Loans and grants 121 135
Travelling expenses 57,099 55,076
Repairs and refurbishment 139,328 163,078
Office expenses 45,111 49,826
Cleaning 34,392 26,060
Other SU costs 547 1,066
Other staff costs 10,665 19,396
Depreciation 22,961 20,325
2,862,221 2,521,763

This page does not form part of the statutory financial statements

-33-

ST JOHN'S APPROVED PREMISES

DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2024

2024 2023
£ £
Support costs
Management
Wages 105,847 106,428
Governance costs
Auditors' remuneration 9,065 7,645
Auditors' remuneration for non audit work 2,225 1,855
Legal and professional fees 12,216 8,637
23,506 18,137
Total resources expended 2,991,574 2,646,328
Net(expenditure)/income (95,880) 83,909

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