Company rggistralion numbgr.. 07292166 Charity registration number. 1137759 Southampton Street Pastors IA company limited by gyaranteel Annual Report and Financial Statements for the Year Ended 31 March 2025
Southampton Street Pastors Contents R8ferenco and Administratsve Details Strategic Report Trustees, Rew)rt 3to6 Independent Examin*s Rewrt Statement of Finaal Al¥It Balance Sheet Notes lo tha Finanrial Stalamer 10t017
Southampton Street Pastors Reference and Adminlstrative Details Chairman MD Sarson Charlty Reglstratlon Number 1137759 Company Rfjglstration Numb•r 07292166 The charity is incorporated Trn England and Wales. Room 35 St Ma$ Fire Ststron St MaS Road Southampton S014 OBJ Deborah Rees AIMS Accountants for Business 5 Benedict Close Romsey, Hampshir S051 8PN Reglslored Office Indepondent Examlner Page 1
Southampton Street Pastors Strategic Report for the Year Ended 31 March 2025 The trustees. who are directors for the purposes of company law, present their strategic report for the year ended 31 March 2025, in Complian wrth s414C ofthe Companies Act 2006. Financial review Pollcy on rnservgs The trustees aim lo have an appropriate level of free reseNes to retain in the medium term. The Iruslees, policy is that a reserve of 4 months of expenses is sufficient lo ensure the long term viability of the charity. Principal risks and uncertainties Funding The principal risk facing the charity is the ability lo be able to maintain the current level of donations and grants. It is the responsibility of the Coordinator lo maintsin relations with the principal fundets and to research potential new funds. The Coordinator will also liaise with the external Fundraising Consultants who have been engaged lo identify and pursue other donors The Office Manager maintains relationships with other donors. The strategic report was approved by the trustees of the charity on behalf by and signed on ils on an and trustee Page 2
Southampton Street Pastors Trustees. Report The trustees. who are dir8Ctors for the purposes of company law. present the annual report together with the financial slalemenls and auditors, report of the charitabl8 company for the year ended 31 March 2025. Objthes and a¢tlvltl•s Objects and aims To advance education. lo relieve sickness and finanual hardship, to promote and preseNe gcrfjd health and to advan the Christian faith partiladY. but not exdusively. by means of caring. li8tening and helping people on the streets. The aim of the charity is to advan the Christian faith by practical demonstrations of the UnCdItional love of Gcé. Objectfvos, strnt8gl•s and actlvftl The primary activity of the charrty is lo provide patrols of strogt pastors as a service to the community. lo give reassurance safety and support through lislening, caring and helpi. Fundralslng dlsclosur•s Principal sources of funding.. Donations from individuals, churches and businesses Grants from Soulhamplon City Councsl and the Office of Police Commissioners PuNk b8nofft The charity provides patrols of street pastors as a SeIce to the community, gin9 Teassuran¢e. safety and support lo thos8 in need. The twslees conf mi that they have complied the reqU1MentS of seelion 17 of the Charities Acl 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Use of voluntee Southampton Street Pastors relies entirety on volunteers lo carry out iys princjpal a¢livf(ies. Golng ¢onc•rn Ajthough the charity has suffered the effect5 of the phased thdraWal of the Commissioned Granl from Southampton City Council, Th)nethe$S the trystegs arg laking steps lo replace this loss of lunds and are of the opinirffl that other lunding will be forthcoming and th8t the company Is therefore a going concem Paga 3
Southampton Street Pastors Trustees, Report Tru•t•88 and offlc•r# The Iruslees and officers serving during the year and Since the year end wor9 as follows.. Trustees.. TJ Edw8rds SJ Orton KB Powers FCA MD S8rson Wes&)n Dr D Butler (appoknled 20 May 2025) Chaimian: MD Sarson structurei governan¢o and management Nafvre of goveming document Southampton Street Pastors is a charitsble company limilets by guarantge which was incorporated on 22 June 2010 and registered wth the Ch8rity Commission on 3 September 2010. Recruitment and appointment ol trustses The directOTS of the company are aLso the Irustees of the charity. Twslees are recwited and appointed by the 8511ng trustees, and in aCrdanCe with the articles of assodallon. Al trustees must be nalural per50n5. There 15 fK) t)ody that ha5 enlitlemenl to appoint ITUStees. Trustees are recruited by reaching out to churches and other c¢)nneclion$ supporting the charity. Inductlon and tralnlng of trustees Trustee induclion is infom)al, mentoriThJ being givgn as necessary. An induclion pack is provi(Jed lo 811 new trustees which includes.. Thg Essents'al Tfuslee- ChatY Commission Articles of Association of the company Govemance overview, Section 3". Trustee Guidan - Ascension Trust Licence Agreement- Ascension Trust Street Pastor Qualty Assurance Checklist- knenslon Trust Arranyfflonts for settlng key mana9•ment p•tsonnel rwnuneration The remuneratw)n of operational stsff is sel by the iK)arfl of truglees Oryanisational structure The day lo day running of the charity 15 carried out by paid staff. The staff team is by a full time Coordinator who is supported by an Office Manager and a part time assistsnl. Other adfflinistralive ts5ks are carried out by unpaid volunteers. Pa4
Southampton Street Pastors Trustees. Report Major risks and management of those rlsks Funding The prinapal risk facing the cherity is the abiltty to be able lo maintain the current level of donalh)ns and grants. 11 is the responsibility of the CcM)rdinalor lo mairiain relations with the principal lunders and to research potential new funds. The CLK)rdinalor wdl also liaise with the extemal Fundraiwng Consuttants who have been ongaged lo identlfy and pursue other d(mors The Office Markager mntsinS relationships wrth other donofs. Statement of trustees. responslbllltles The tTuslees (who are also the directors of S(Krthampton Street Pastors for the p¢Jrwses ol company lawl a responsible for preparing the tW5tees' report and the financial statements in accordance with applicable law and Unrted Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting Practicel, induding FRS 102 Yhe Financial Reporting Standard apFAi¢able in the UK and Republi¢ of Irend-. Company law requires the Iruslees to prepare financial statements for each financlal year. Under company law the trustees must not approve the financial statements unless they ar8 sallsfied that they giv8 a twe and fair w&w of the state of affairs of the charitable company and of the incoming fesources and application of resourcos, IndudiThJ its income and expendilure, of th8 charftsble company for that period. In preparing these financial sl8lements, tha trustees are required lo.. select sultable accounting pdicies and apF4y them consistendy. observe the meth¢)ds and prindples in the Charities SORP- make judgements and estimates that are reasonable and prudent.. state whether appIlble accounting standards, eomprising FRS 102 have been flOWed. subject to any material departures disclosed and explained in the financial statements,. and pfepare the finan¢ial statements on the going concm basis unless It Is inappropriate to prgsun that the charrtable company will continue In business. Ttte Iruslees are resw)nsible for keeping proper aco)unting records Ihal can disdose with reasonable accuracy at any time the financial position of the chatstsble company and enable them lo ensure that the finar5cial stalemellts comply with the Companies Act 20[. They are also responsible for safeguarding the assets of th& charitable u)mpany and hence for taking reasonable steps for the prevention and detection of fraud aThY other irregularities. P8ge S
Southampton Street Pastors Trustees, Report The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislats'on in other jurisdictions. Disclosure of Inforniation to auditor Each trustee has taken steps that they ought to have taken as 8 Iruslee in order to make themselves aware of any relevant audit information and lo establish that the charity's auditor is awa of that information. The tru51ees confimi that there is no relevant infomialion that they know of and of which they know the auditor is unaware. The annual report was approved by the trustees of the charity on behalf by.. and signed on its MD Chai ar n and Trustee Page 6
Southampton Street Pastors Independent Examiner's Report to the trustees of Southampton Street Pastors (Iho Company,) I report lo the charfty trustees on my 8xaminalion of the account$ of ihe Company for Ihg year ended 31 March 2025. Re$ponslbllltl•s and ba$1$ of report As the charity's trustees of the Company land aL80 its dir8dors for the purposes of company law} )U are responsible for the preparation ol the aLxounts in accortlanc with the requirements of the Companies Act 2006 {'the 20¢ Act'l. Having satisfi8d my8df that the accounts of the Company aTr not required lo be al118 under Part 16 of the 2006 Act and are eligible for independenl examination. I report in respect of my examination of wur chanty's accounts as carried 04Jt under seth.on 145 of the Charities Acl 2011 1.the 2011 Act,). In carrying out my examination I h8ve followed the Directions givgn by the Charity Commisslon under section 14SISXbl of the 2011 Act. Indgpond•nt exam1$ statement I have completed my ex8mination. I confim that no matt8rs have come to my attention in connection with the examination giving me cause lo believe.. 1. accounting records were not kept in respect of Southampton Street Pastors as r8qLired by section 386 of the 2006 Act., or 2. the accounts do not accord wilh those records: or 3. the accounts do not eompty %Mth the aceounting requirements ol section 396 of the 2006 Act other than any Tequiremenl Ihal the accounts give 8 'Ie and fair wew. whith ts not a matter COndered as part of an independent examination.. or 4. ihe accounts have not been prepared In accordance with methods and principles of the Stalem&nl of Recommended Practice for a¢Untsng and repo.n9 by charities lapplicabk lo charities preparing their 8C(yJunts in accordance with Ihe Financial Reporting Stsndard applicable in the UK and ReFthFic of Ireland IFRS 1021}. I have no concems and have eome across no other matters in tx)nneclKJn Wth the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be thched. Deborah Rees FCMA AIMS Accounlanls for Business Chartered Institute of Management ALcountants 5 Benedict Close Romsey, Hampshlre S051 8PN 12 Decembgr 2025 Pagts 7
Southampton Street Pastors Statement of Flnanclal Actlvltles for the Year Ended 31 March 2025 (Including Income and Expenditure Account and Stat•m•nt of Total Recognised Gains and Lossesl Unrostrlct8d lund$ Restrlcted funds Total 2025 Note Income and Endovfflionts from: Donalions and leg8088 Charitsble acliwities Other income 72,947 29,677 2,635 72,947 78,717 2,635 49,040 Totsl inrne 105.259 49.040 154,299 Expenditure on.. Charitable activities 90,570 49.040 139.610 Total expendihjre 90,570 49,040 139.610 N8t income 14.689 14,689 Net movement in funds 14.689 14,689 Roconclllatlon of funds Totsl funds brought forward Total funds carried forward 76.361 76,361 12 91.050 Unrestrlcted funds 9t,050 Totsl 2024 Re$trlcted funds Income and Endowment• from: Donalions and legaues Charitable activities other income 36,668 39.569 2,367 36,668 96,868 2.367 57,299 Total income 78,604 57,299 135,903 Expenditure on- Charitable 8Ctiwties 64.504 57.299 121,803 Total expenditure 64,504 57.299 121,803 Net income 14,100 14.100 Ngt movement in fiJnds 14,100 14,100 R•conclliatSon of funds Total hjnds brought forward Total funds carried forw8rd 12 The funds bakdOWn for 2024 is shown in note 12. 62,261 62,261 76,361 76,361 The notes on pages 10 to 17 fomi an integral part of these financial StateMts. Page 8
Southampton Street Pastors (Registration number: 07292166) Balance Sheet as at 31 March 2025 2025 2024 Note Current a$sets Debtors Cash al bank and in hand 300 97,455 97,755 457 77,487 10 77,944 Creditors: Amounts falling due within one year Net ass9ts 16,7051 91,050 1,5831 76,361 Funds of the chaiity: Unrestricted income fund8 Unrestricted funds 91,050 76.361 Total funds 12 91,050 76,361 For the financial year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating lo small companies. Directors. responsibilities.. The members have not required the charity to obtain an audit of ils accounts for the year in question in aceordanee with Section 476,. and The directors acknowledge their resFX)n5ibilrties for ¢omplying with the requirements of the Act with respect to accounting records and the preparation of awounts. The fina 12 Dece ial statements on pages 8 10 17 were approved by the trustees. and aulhorised for issue on ber 2025 and signed on their behalf by". KB Powers FCA Trustee The notes on pages 1010 17 form an integral part of these financial ststements. Page 9
Southampton Street Pastors Notes to the Flnanclal Statements for the Year Ended 31 March 2025 1 Charlty status The charity is limited by guarantee. IncorFX)r8ted in England and Wares. and consequendy ¢Joes not have share capitsl. Each of the Iruslees is liable lo contribute an amount not exceeding £1 towards the assgls of the charity in the event of liquidation. The address of its registered office is.. Roorn 35 Sl MaS Fire Slatpjn Sl Marls Road Southampton S014 OBJ These financial slalements We authorised for issue by the Irustees on 12 December 2025. 2 Accounllng pollcl•s Summary of slgnlflcant accountlng pollclos and k•y accountlng astlmatas The principal accounting FK)licies applied in the preparation ol these financial statements are set out below. These poli¢tes have been consistently applied lo all the ar$ presented. unless othgrmse stsled. Stat•mont of compllanco The financial statements have been prepared in accordan with Accounting and Reporbng ty Charities.. Slalèment ol Recommended Practice (apiCable lo charili&s preparing their accounts in accordance with the Financial R8POrting Standard applicable in the UK and Republic of Iretand {FRS 10211 (issued in October 20191- (Charities SORP IFRS 10211, the Financial RepOj Standard applicable in the UK arKI Reput1¢ of Ireland IFRS 1021 and the Companies Ad 21)X. Ba$1$ of prnparatlon Southampton Slreel Pastors meets the definttion of a Publ bgnefft entity under FRS 102. Assets and liabilities are initially recognised al hislorical cost or transaction value unkss otheTMse stated Sn Ihe relevant atxounting notes. Golng concern The financial statements have beèn prepared on a going ccrt)cem b8SiS. The IrLtsl8es assess whether the use of going concem is appropriate i.e. whether there are any material uncortaints'es related to events or nditionS that may cast significant doubl on the ability of the charity lo continue as a going concern. The trustees make this assessment in respect ol a perfod ol one year from the dale of approval of the financial slalemenls. Income and gndowments All income is rgcognised once the tharity has &ntiUemenl to the inme. it is probable thal th8 income will be received and the amount of tho income re(*lvabFe can be measured reliatAy. Page 10
Southampton Street Pastors Notes to the Flnancial Statements for the Year Ended 31 March 2025 Donatlons and legacles 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 lo conditions that requ*re a level of performance by the charity before the charity is entiUed lo the funds, the income is d8ferred and not recognised until either those conditions are fully mel, or the lulfilment of those conditions is wholty within the control of the Charity and it is probable that these conditions will be luffimed in Iho reportiThJ period. Expendlturè All expenditu is reccmjnised On the is a legal or eonstnjctive OlgaI)n to that exnd[ture, il is prObae settlement Is Teqvirod and the amoLtnl can be measured reliably. All costs are allated lo the applicable expenditure heading that aggregate similar costs lo that Ggtggory. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with Ihe use of resources. with centfal staff costs allocated on the basis ol lime spent, and depreuab.on charges allocated on the portion of the asset's use. Other support costs are allocated based on the 5pr8ad of staff costs. Charttable actlvltles Charitable expenditure COpriseS those costs in(yJrred by the charity in the delivery of ils activitses and services for ils beneficiaries. 11 includes both costs that can b8 auocaled direclly to such aclivilies and those Costs of an indirect nature necessary to support them. Support co$ts SuptM)rt costs indude central functÈons and have been allocated to activity cost categories on a basis consistent the use of sOurCes, for 8xarnple, allocating property cosls by floor areas, or per capita. staff costs by the time spent and other costs by their usage. G¢verftanc• costs These include the Costs attribulable to the charity's compSiance with constitutional and statutory requirements. including audit. strategic management and frustees meets'ngs and reimbursed expènses. Taxatlon The charity is Consider to pass the tests set ¢Jrt in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a chanlable company for UK Corporation lax purposes. Accordingly, the charity is potentially exempt from tax8b.on in respect of income or capital gain$ received within categories covered by Chapter 3 Part 11 of the CorporatK)n Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the exlenl that such income or gains are applied exclusively to charitable purposes. Pagg11
Southampton Street Pastors Notes to the Flnanclal Statements for the Year Ended 31 March 2025 Trade debtors Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of businèss. Trade debtors are recognised initi.ally al the ITansaction price. They are subsequently measured al amortised cost using the effective interest method, less Provision for irnpairrnent. A provision for the impaiTment of trade debtors is established %then there is oty'ective ev*Jence that the charity 11 not te aL4e to ojlecl all 8mfyJnls due acc¥)rding to Ihe original lemis of the 1¥al)les. Cash and cash equivalents Cash and cash equivalents comprise rash on hand and rAII deposits, and other short-lerm highly Iuky investments that are readily conveitble lo a known amount of cash and are subiect lo an insignificant risk of change in value. Borrowings Inleresl-bearing borrowings are inilially rernrded at fair value. nel of Iran$actM)n costs. Interesl-bearing borrowings are subsequently carried al amortised cost, with the difference between the prowds, net of transaclion costs, and the arnounl due on redemption being recognised as charg6 lo the Slalement of Finanoal Actimtses over the p8riod of the r618vanl borrowng. Interest expenso is recognised on the l)asis of the effectivo interest method and is indudod intsrest payable and similar charges. 8orrowng$ are dassified as rrent liabilities unless the charity has an unconditional right lo defer setuemenl of the liabilty for al kasl tsvekn months after Ihe reporting date. Fund structure Unrestricted income funds are general funds that are ayaable for use al the trustees discretrjn in furtherance of the objectives of the tharity. 3 In¢omo from donatlon¥ and legacl8$ Unrestrlcted funds Gonoial Total 2025 Total 2024 Donations and legacies.. Donations Gift aid redaimed 71.752 1,195 72,947 71,752 1,195 72.947 34,223 2,445 36,668 Page 12
Southampton Street Pastors Notes to the Flnanclal Statements for the Year Ended 31 March 2025 4 Incom8 from charltabh a¢tlvltl•s Unrestrlcted funds General Restrl¢tod funds Total 2025 Total 2024 Grants 29,677 49,040 78.717 96,868 5 Expenditure on charitab18 activit*$ Unrestrld•d funds General Restrl¢tsd lunds Total 2025 Total 2024 Ascension Trust- licenee fee Operations - consumables Volunteer recrurtmenl and training Staff ¢osts- salaries Travel Office room hire Office costs Communications CompLsler software and Maintenance Independent Examiners Fee 14,621 7,244 14,621 11.922 11,158 10,699 4.678 5,490 56,259 3,545 36,326 9,035 92.585 81,848 203 2.126 1,862 2.030 1.374 1,202 1.310 3.500 3.064 3,340 2,290 2.982 429 176 1,093 450 3,229 450 274 90.570 49,040 139.610 121.803 Page 13
Southampton Street Pastors Notes to the Flnancial Statements for the Year Ended 31 March 2025 6 Trustees remuneratlon and expenses During the year the charity made the following transaclions wth trustees.. MD Sarson MD Sarson received remuneration of £4.66512024'. £24.4751 during the year. The incumbent was appointed a directorllruslee on 13 June 2023 pending his fetiremenl from paid employment wlh the charity on 28 Junè 2024. K8 Power6 FCA K8 Power5 FCA received remuneration of £20012024: £Nill during the year. The TTUStee has been engagefj to carry out the preparation of quarlerfy management accounts for an annual fee of £1.200. Trusle8s, on occaision. may also be paid a norninal fee for providing training lo new volunteer5. No trustees have received any other benefits from the tharty during the year. Page 14
Southampton Street Pastors Notes to the Flnanclal Statements for the Year Ended 31 March 2025 7 Staff costs The aggregate payroll (x)sts were as ft)wS". 2025 2024 staff costs durlng th• year w•r•'. Wages and salaries 92,585 81,848 TAe monthly average numbgr of wrsons (including senior management I leadfyrship team} employed by the charity during the year expr8{1 as fvll kn.me equivalents was as follows.. 2029 No 2024 No Empk)yees No employee received emoluments of morg than £60,000 during the year. 8 Taxatlon The charity is a regi$tere(I charity and Is therefore exempl from taxation. 9 Debtors 2025 2024 Recoverab on lon*lerm contracts 457 10 Cash and cash equlvalents 2025 2024 Cash on hand Cash at bank Short-term depostls 70 12,417 65,000 13,227 84,228 97.455 77,487 11 Cr•dltor•: amounts falling due within one year 2025 2024 Other ¢roditorn 6.705 1.583 Pagg 1$