Charlty hglstrallon No. 1138615
Company Reglstratlon No. 069449441England •nd Wal•sl
GAP SUPPORTED HOUSING
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENT8
FOR THE YEAR ENDED 31 MARCH 2024

GAP SUPPORTED HOUSING
LEGAL AND ADMINISTRATIVE INFORMATION
Tru8ts•s
A Bertram
R Theobalds
K Nornian
V Mil￿r
C 8rinlon
J Costello
(Appointed 1 December
20231
Secretary
MrA Sanders
Charfty number
1138615
Company number
06944944
Regl•tored offlce
Office 4
4 Meal Market
Hexham
Northumberland
United Kingdom
NE46 1NF

GAP SUPPORTED HOUSING
CONTENTS
P•g•
Tru$lee$' report
Indepen¢Jent examinorfs report
Statement of financial activities
10
Bal8n¢e $lwt
11
Notes to Ihe finan¢i•l Stslements
12-20

GAP SUPPORTED HOUSING
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees piesent their annual report and finanGial stalem8nts for the year ended 31 March 2024.
The financial slalemerrts have been p￿pared in accordance wlh the accounting policies sel out in note 1 to the
financial slalemenls and comply wrth the charity's Memorandum and Articles of Association, the Companies Act
20C6 and 'AC￿￿ntIng and Reporting by Charities.. Stslement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK Republic
of Irefand (FRS 102)" leffectsve 1 January 2019}.
Objectlves and actlvltl88
Our aim as lald dosfft by our Memorandum of Association are..
'To support vulnerable adults, both those who are homeless and those who may be threatened w71h
homelgssness, by the provision of temporary accommodation, supported housing, support in their own home or
by such ¢)ther setvices calculated lo rolieve their needs..
During the year 2023124 our service provision consisted of a Staffed accommodation service delivered from Links
House, Haugh Lane, Hexham. This provides accommodation for up to thirteen individuals across four shared
flats. We retain our accommodation service based a1415 Dean St in Hexham which has the capacity to provide
supporting accommodation for up lo seven individuals.
Responsibility for service delivery and development is held by the Chief Exewlive Officer ICEOI The CEO
reports directly to the Board of Trustees and line manages the ProJ"ect Manager.
The Project Manager 1$ rgsponsible for the day to day wnning of the services and the line management of
support staff.
The wholistic nature of thè service we offer, based as it is on the support needs of the individual, requires support
stsff to undgrtake support planning and manage a numt)er of individual support plans, acting as a 'Link Worker,
fof individual residents. Their role also incorporates other relevant duties in support of both th¢ provision of high-
quality housing and housing support services to promote independent living.
Throughout the year the 808rd of Trustees have paid due regard lo guid8nce issued by the Charity Commission
in deciding what activities the charrty should undertake.
have continued to PiOVKle the support a homeless person needs lo address those issues that may have led
or contributed lo their becoming homeless. We have seen increased numbers of individuals supported during the
year. This is due both lo the increased capacity In thè new Links House service, the expansion of support
available from our staff and ulilising the facilities available in Links HoLt$e to promote service provision from
external agencies. The fostering of a more ￿011StIC approach to an individual's support has led to improved
outcomes and resulting in their bein9 in a posrtion to move lo independent living sooner than previously.
The development of our Dean Sl propety remains a priority Realising this has been difficult. Our inabllity lo
recruit the staff numbers needed lo deliver an appropriate level of support prevented re-starting a homelessness
seivice from the property. We had approached a charty who offer support to women victims of domestic abuse
with a view lo their leasing the propety for their service. Inilialty progressing well thi5 lalei stalled. in part due to
their own difficulties in recruiting support staff.
The Overr￿Ing aim of our seNiee continues to be that of helping a homeless individual achieve the goal of
independent living with a home of their ¢)wn. gain employment and lo be able to partiGpate in their community as
fully as they wish and are able.

GAP SUPPORTED HOUSING
TRUSTEES. REPORT (CONTINUEDI(INCLUDING DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Achievomgnts and perfomiance
ilst addressing the immediate need for accomm¢)dalion, our seryice also offers the opportunity f(x a homeless
individual to address olhgr support needs they may have. Help and housing advice is also available to those who
are in ijanger of becoming homeless. We strive lo create a therapeulic enviionmenl in which individuals can
begin lo re-build self-esleem and address feelings of soual isolation. lthen needed support is given to access
the specialist services they may need lo address, fof example, mental ill tteallh or addictions. We help wrth the
learning of basic living s￿"11S and facilitsle access help to improve literacy and numeracy. Ulilising the much
improved accommodation and communal space within Links House we have continued to develop a more
wholistic service with the abilty to deliver and facilitate support to individuals. both in-house and by Strong
workiThJ relationships with external support a9encies.
During the yeaf we have seen an incrèase in the numbers we a￿ able to supp¢yt. This is not only as a result of
increased capacity within Links House bul also a result of incieased support resultrng in an individual being in a
POSIt￿n to move lo independent living mu¢h sooner than previously. This posrtive outcome can al80 be partly
attr¢buled to Ihe developing range of training, activities and additional laTgeled support being available from the
service. As the year progressed we also began lo form a better understanding of the operational needs of the
new building and began lo implement the changes needed lo meet these operational demands.
We had already introduced a Monday to Friday structure lo help replicate the pattem of an average working
week. Feedback from reswlenls in the past has shown the posth've effect this has on people, helping lo break the
negative cycle of awake all night and sleeping most of the day As the use of the training and communal are8
incieased then il became apparent that more support staff needed lo be availab￿. Vvhilst we had already
increased staff hours in the first year of operation from Links House the increasing numbers being supported, the
size and layoLrt of the building and the developing level of service offered required more support s12ff. In
response to this need we restructured the staffing. reducing Project Management from part lime Fr1511ions to
one part lime position and ulilising this financial saving to increase the Monday to Friday support staff hours by
35 per week.
During the year we began lo look al ways of developing individual staff skills and their abilty lo deliver in-house
training programmes. We have tsvo members of the staff wth the necessary skills and qualifications b run a
number of training and educational sessions. Both have lived experience of challenges faced by some of those
accessing our service. Examples of the sessions they are able lo deliver include, SMART Recovery,. Atohol
Awareness", Recovery (Addictionl., ADHD Awareness (Living With ADHDI,. Anger Management.
The continuing development of the new service has greatly increased our eommunty presence, not only because
of the size and l¢xalion of the propety bul by the ability lo offer the facilities to outside agencies for the delivery
of services and as a venue for meetings and training As an example, our officelmegling space has b*n used by
both Hexham Community Led Housing la r*ol-for-profil organisalion created by local people that aims lo develop
genuinely affordable housing in Hexhaml for their monthly board meetings and by Northumberland Domestic
AL)use servI￿s INDASI for several slaff meeting5 and training sessions NDAS will also be based al ￿'nkS
House for several weeks in Spring 2024 whilst their existing offices are refurbished.
We conb.nue to work closely with outside agencies induding NorthumL*rland County Counryl's Homelessness
team, Social Sèrvices, Probation, BID Services Northumberland. with oakI￿e$ Newcastle and the Hea1tt7
Authority inc. hospital discharge teams, GPS and mental health support te8ms, Northumbria Police and
Northumbedand Recovery Partnership INRPI
SHELTER, CRISIS, Thirteen Group, Changing Lives and Hexham Youth Initiative continue to make referrals lo
our service and our work with NDAS and Harbouf has gre81ty enhanced our provision for homeless and
vulnerable women.
Our attendance al monthly community safety meetings, 'VOL' meetings Iwictirr Offender Location) has been
maintained ensuring wè have a positive working ￿lationshiP with Northumbria Police who coordinate Ihg$e
meetings. aTrJ our services are le￿gnIsed as making a poshive eLJntribulion lo community safety.
are actively involved in number of groups and organisalions through whieh we are able lo share good
practice and discuss our swvice delivery and the ethos behind that delivery. Examples Ir￿lude NCC
Homelessness Partnership Meetings. VONNE Peer Group meetings. Homeless Link Regional Peer Group
Meetings and we have been active participants in the national PIElink discussion group for many years. I PIE
Psychologically Informed Environment)

GAP SUPPORTED HOUSING
TRUSTEES. REPORT ICONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Po$ltlve Outcomgs
We continue to see improvement across all our outcome aims during the year and increasing numbers are
showng p0511ive improvement and progress in such areas as self-esleem and confidence,. mental health
budgelintymoney management skills and improved living skills. We have also witnessed reduction in substance
misuseladdiclive behaviours. Access lo appropriate support agencies, increased in-house support and our
progfess towards meeting the requirements of PIE have all contributed lo individuals reporting reduced levels of
stress and anxiety.
SupF)Ort staff have worked hard to increase the support work done with individuals and this, combined wilh the
increased day lime stsffing, has had a positive impact. This has been parb'cularly so with sever81 ￿dIVIdual$ with
needs around addiction and mental health wtth a number of beneficiaries supported to attend extemal support for
addICt￿n via NRP. Others have benefitte(I Ilom attending the Hextol Foundation services", volunteering in the
Tans Café and wth the gardening proiecl. Others have engaged with Cyding Minds in Hexham.
The aim of improving indivldual employability vi$ skills development and education and training has resulted in
three individuals starting college Courses al Newcastle College and many others have attended the invhouse
'Introduction lo Maths, and 'CV ￿llIng. ￿Urse$ which have been delivered by the Northem Leaming Trust and
the Nth'onal Careers Agency.
The move lo education and employment and inereaged community involvement has highlighted the L11fficu￿es
many individuals face due lo a lack of photo ID. We addressed this by facilitating applications for a Citizens Card
for eight 1ndividL￿1S which now means that they have the photo ID required lo access services. Staff. in addition
to the regular cooking Session. have arranged arts and crafts activities and a lrtlle horticulture loo, including both
house plants and outdoor planls, the latter donated by TESCO.
Pernon Centred Support
The needs of those we support are many a varied and can often be a challenge lo meet. Just one example of
many during the year..
An individual who had been in the service for several months had a hoalth emergency ielated lo loTrJ-temi
alcohol abuse. Emergency services were called on sevefal occasions but he reftjsed to enter hospital. A risk
assessment was completed and emergency rn$a5ures were pul In place to ensure his safety. induding hourly
cheeks during the night and recording limited almhol consumption. After lengthy dI￿￿$S1on. and reassurance
that he would not be without 8 home if he was admitted lo hosprtal. he eventually agreed to hospital admission.
He relulned to the service after undergoing a detox whilst in hospital and we continue supporting him wlh his
medically sU￿rViSed alcohol cessation. During his absence we look the opportunity to clean and d￿Orate his
room and a new bed and firmer mattress were provided. He is making slow. but steady, progress.

GAP SUPPORTED HOUSING
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Move to Independent Living
Jayne was referred lo our seNice ty Shelter in Newcastle. After years of living wrth an abusive partner she fell
she would rather be homeless than continue to slay. ￿at made her leaving particularty difficull was her
cats, Pip and Pol, she had no one lo care for them, and she was fearful of what her abuser would do rf they
rernained in the house. Contact was made wlh the charity Cats Protection and their Paws Protect servsce. This
¢)ffers a safe temporary refuge for pets whose owner is escaping domestic abuse. We were able to offer our help
to Jayne thanks lo the new female only accommodation available in Links House. Contact was mode with NDAS,
and Jayne was supported lo register with a GP, change address for bank, benefits, elc. and register on
Homefinder. Just prior lo becoming homeless she had secured employTnenl wlh a large retail company they
were very SUPPDrtive of her circumstances and she was very quickly transferred to 8 Hexharn branch of the
sto￿. Jayne has now moved on wth her life, a sucts5sfvI bid on Homefinder fesulled In her sècuring a single
bed bungalow, and in easy Iravelling distance from her work in Hexham. We helped secure grant t¢)wards
decoration and furnishing. including a new cooker and washing machine Once she had the keys she was
reunited with Pip and Pol. confirmation that she did indeed have a rtw home.
Peter had been in the service for over three years, originally in the Smaller Dean Sl accommodation and Fnoving
over lo Links House in September 2021. Referyed to our service by the Local Authority he had become homeless
in his mid-50's after the elosure of a local hotel. He had been employment as a breakfast chel al t1￿ hotel for
many years and his accommodation ￿me with the job. As is so often the ￿Se, a$ we gol lo know Peter it
became clear that his support needs were more complex than first appearing. For many years Peter had been a
fvnctioning alwholic, this onty becoming a more acute problem when he lost his job and his home. 11 also
became dear that he was struggling wlh quite basic tasks, and his personal hygiene was problematiG This was
not s¢)mething we expected from someone who had worked as a ehef almost all his worknng lrfe. Supported to
attend a GP appointment wlh an accompanying member of stsff we were able lo raise our cOn￿mS and a
referral was made for a health assessment. The oulcorne suggested a stroke al some w"nl, which had impaired
Peter's cognitsve function. This knovledge was used lo create an appropriate support plan Peter. inclLFding
the prompting and support needed lo ensure personal hygiene, including bc)th washing, deaning of cloths.
bedding and bedroom. From this it was clear that Peter would need long term supported accommodation and
would not be able to live fulty independently. We began discussions with Social Services lo begin a needs
asse$$rnenl for Peter lo help secure the accommodation required. We also liaised with the Local Authority,
Karbon Homes and the Homefinder Team to ensure that appropriate properties were made available to him on
the Homefindef system. In late 2023 a suitable property was identified in Hexham and very close lo Links House.
This was sheltered housing, independent fl81$ with an on-srte warden. Visits We￿ made and Social Services
contacted. Peter has been due lo move before Christmas 2023 bul in the event il wasn t until the second week in
January 2024 that Peter moved into his new home. Staff helped Peter Choose his furniture from CORE Fumilure
in Hexham and bedding. small electrical rtems and a new eooker were provided from our indiv￿ual dorralions
fund. Staff supported Peter with his application for Housing Benefit ènd Council Tax support and lo arrange
Standing Orders and Direct Debits for various utility bills.
We have continued to offer support to Peter, Pa￿'culartY in ensuring Social Servi￿$ provide the appropriate
independent living support. This has resulted in an application being made for a Personal Independence
Payment. 11 has tsken some lime bul Peter now has the security of the long-tem supported housing Ihal he
needs.
I'permission obtained from individuals concemed and when requestgd names have been changed)
These examples show the benefits that increased levels of support staff can have on the positive outcomes foi
individuals. The support Peter needed to address both his physical and mental health needs, either in house or
by referral to community based health services, required considerable staff input. As did the maintaining of Social
Serviees involvement and eventual securing of appropriate accommodation.
These successes are also examples of the positive impact the growing interagency working has had ffi our
service delivery. Combined with increased support stsff hours we are realty seeing the positive outcomes for the
individuals supported In our service. As previously noted we are seeing increased numbers of individuals
experiencing improved physical and mental health, induding the tsckling of addictions and a rfjduth'on in feelings
of isolation and low self-esleem.

GAP SUPPORTED HOUSING
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Of th058 that came to our s•rvi¢o wlh addictions 80% have engaged with wogrammes deslgned to addross
the$e addictions. 48% have entered education or employment and 38% have moved lo a home of their own. The
feeling of communlty we are striving for wrthin the service is becoming manifest via these, and related, oulcomos
vthi¢h indicate an Increaslng sen$8 of Slabilty for those in the seNl¢e.
A8 we rnove into 2024 we VAII ¢XJntinue this positive development. Priority will bè to expand our offer,
redeveloping the Dean St service. expanding day time communty access lo the office and training areas of Llnks
Hou8e and focusing on facililallng a positive joumey through the service for all who approach us for help.

GAP SUPPORTED HOUSING
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Flnanelal revlew
As with previous years we have not been free from unforeseen challenges. Agreed budgets and the c(nlribulion
to reserves wthin them had been adversely affected by several factors over previous years including the
unavoidable delay in opening Links House and the subsequent difficulty in recruiting the staff needed lo re-open
the Dean Sl service had a nogalive effect on budgeted income. There was then the added impact of the cost-of-
living crisis and the huge increases in utility charges. At the end of the last financial year renta charges were no
longer reflecting our costs and we had not realised the predi¢led lease income from Dean St we had ncluded in
our budget. We made what savings we could on healing costs and began negotiations with the Local Author(ty
regardin9 an increase in our Housing Benefit eligible rental charges These discussions resuhed in an
appreoable increase In rental inc¢yne. The Big Lottery Community Fund also provided finanaal assistance wlh
an addilional payment re￿iVed in the final month of the last financial year. This was a gieal help in supporting us
through this financially ehallenging period.
As previously noted we also implemenled a staffing re-structure. This involved a reduth.on in Project Managor
hours, replacing 25 hours per week positions with just one. Paul Sloane. who had been wrth the tharily since
2010, look the opportunity for earfy retirement this reduth'on In management offered him. The savings made in
m8nagement wsts were re-invested in increasing direct support hour5 tQ OUT beneficiaries. We continued with
our programme of grant applications and in addition began lo develop a campaign lo help increase Individual
onalions. We have seen a marked increase in the latter. In the financial year 2021122 these donati￿S were
around the £5000 per year mark. The last years have seen these donations total over £22,000 per year.
We had considerable success in grant applications during the year. including the securing of a further five years
Big Lottery Community Fund grant We also secured a grant 01 £25.000 from the Garfield Weston Foundation
towards our core costs. This was the third time the Foundation have supported our services, the ffir$t being in
2017 with support lo expand our Dean Sl service delivery. The James Knott Trust have supported us with an
award of £9,000 per year for kn years and Bemicia Foundation awarded £10.000 After raising our financial
eoncems al a Homelessness Forum meeting early in the year we secured an unrestricted grant of £10,000 from
Northumberfand County Council. The success of our efforts has resulted in the reversal of two years of
overspend to a balanced budget for this financial year. and we have every confidence that the budget sel for
2024125 will continue this financial piogress towards meeting our resetves tsrget.
The policy of the charity regarding unrestn.cted funds remains unchanged and we will continue lo ￿deavour to
maintsin these fLtnds al a level equivalent lo between three and Six month's expendrture. The trustees recognise
that a level on uncertainly remains, particulady as regard the continuing cost of living erisis, hoNever, feel that
adequate financial provision 1$ in place to gnsure the continuation of service delivery
Despite the staffing re-$lnJclure offering an element of saving on staffing costs the expenditure on staffing has
increased on the previous year. This reflects increased hourfy rates for support staff in line wlh our commitment
lo be a Real Living Wage employer and the increase in management rates in line wrth inflation. Payments for On-
Call and Sleep-in have also increased by 2%.
ilsl rentsl ineome has increased significantly on the previous year this still remains around 62% of our totsl
income for the year.
The financial climate in which we operate remains challenging. The expansion of services across tsvo sites and
the possibility of income generation from leasing Dean Sl ￿mainS a key element of our Business Plan. As doe$
the expansion of the renting of office and training space in Links House. The realisation of Ihese elements of the
Business Plan will help in meeting oui aim of providing financial security foi the organisation by increased eamed
income. The aim of diversifying our service provision to include long lemi supported housing also remains a part
of our finanual stability planning.
The trustees continue lo recognise the need lo review composition of the board. looking al broadening the
diversrty. age and skills base within the board and addressing the issue of succession. We have had some
success in Tiuslee recruitment this year and welcomed Jo Costello lo the Borad in D￿Mber. Working as an
independèni consultant for women-led organisations Jo brings mueh needed gxperb'$e in developing and
delivering women's services. We intend lo continue to search for new Trusleeg and will be exploring the ways we
Can expand and develop our advertising content and reath during the coming year. Succession ptanning also
remains to be addressed and again this will be reviewed in the next finanryal year.

GAP SUPPORTED HOUSING
TRUSTEES. REPORT {CONTINUED){INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Fundern In tho y•ar h4v• In¢lud•d:
The Big Lottery Community Fund.. The Community Foundation North East,. The Community Foundab'on Durham.,
Garfield Weston Foundation,. The Joicey Trust,. The James Knott Trust,. Bemicia FoL¢ndatlon." Northumb8rland
County Council.. The Henry Bell Trust,. Hexham Trlnlty Methodist Church,. Hexham West End Melh¢)di$t Churth.,
Sl Andrew's Church Corbridge,. Stocksfield Methodist Church and several individuals who have supp)rted us with
either a one-off donation or vi8 regular givirvj.
We express our thanks to all who have helped us throughout the year.

GAP SUPPORTED HOUSING
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
Struclure. governance and manag•m•nt
The trustees. who are also the dlre¢tors for the purpose of company law, and who 8erved during the year and up
lo the date of signature of the financial stat•m•nts were..
A Bertram
R Thgobalds
K Norman
V Miller
C Brinlon
J Costello
(Appointed 1 December 20231
The overall responslbilty for the charity is held by the Board of Trustees. Trustees are recruited in a number of
ways., by personal reeommendalion from existin9 members, vla advertising in local press- indivlduals havo
contacted the charity directly asking how they can help.
None of the trustees ha8 any beneffidal interest in the company. Al of the trustee$ ar• members of the company
arKI guarantee lo contribLrte £1 In tho •v•nl of a winding up.
The tN$t
port was approved ty th$ Board of Trustees.
A Bertram
Trustee
Daled.. 19 Decembor 2024

GAP SUPPORTED HOUSING
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF GAP SUPPORTED HOUSING
I report to the trustees on rny examination of the financial 5tstements of Gap Supported Housing Ilhe charity) for the
year ended 31 March 2024.
R&spon8lbllltie$ and b4$i$ of report
As the truslees of the charity land also ils directors for the purposes of company lawl you are responsible for the
preparation of the finanaal statements in accordance wrth the requirements of the Companies Act 20C6 (the 20C6
Aeti
Having satisfied myself that the financial slalements of the charity are not required lo be audited under Part 16 of
the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charty's
financial stslements carried out under section 145 01 the Charities Act 2011 {Ihe 2011 Acll. In carying out rny
exatninats'on I have followed all the applicable Directions given by the Charty Commission under section 14515llbl
of the 2011 Aca.
Indgpendent examlner's ststsmenl
Since the charity's gross Income exceeded £250.000 your examiner musl be a member of a body listed in section
145 of the 2011 Act. I confim that l am qualified lo undertake the examination because l am a member ofACCA,
which is one of the listed bodies.
I have completed my examinatson. I confirm that no matters have come lo my attention in conneth'on wlh the
examination giving me cause lo ￿lIeVe that in any material respect..
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Aet,. or
the financial statements do not accord Imth those records.. or
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the aecounts give a true and fair view which is not a matter considered as part of an
independent examination, or
the financial statements have not been prepared in accordance wi(h the methods and principles of the
Slalemenl of Recommended Practice for accounting and reporting by eharities applicable lo charitie5
preparing their accounts in a¢cordance with the Financial Reporting Standard applicable in the UK aTh
Republic of Ireland IFRS 102).
I have no concems and have come across no other matters in connection with the examination lo which attention
should be drawn in this report in order to enable a proper understanding ol the financial Stslements lo be reached.
Peter Ledgerwood FCCA
JRL Accountants & Busines$Adwsors
93 Montagu Avenue
Goslorth
Newcastle upon Tyne
NE3 4S8
Dated." 20 December 2024

GAP SUPPORTED HOUSING
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestrict•d Restrkted
funds
funds
2024
2024
Total
Unrostrlcled Restrictsd
funds
funds
2023
2023
Totsl
2024
2023
Notes
In
om
Don81itsns and
legacies
Charitable activities
26,832
222,590
26.832
335,929
28,938
188,893
28,938
256,188
113.339
67,295
Total Incorne
249,422
113,339
362,761
217,831
67.295
285,126
Charitable activities
244,444
83.093
327,537
244.789
67,233
312,022
Net Incomellexpèndltur8)
for the yearl
Nel movement In funds
4,978
30.246
35,224
126,9581
62
126,896}
Fund balances at l April
2023
197,675
12,187
209,862
224,633
12,125
236,758
Fund balances at 31
March 2024
202,653
42,433
245,086
197,675
12,187
209.862
The statement of finan&al activities includes all gains and losses recognised in Ihe year.
Al inccme and expenditure derive from conlinuing activitie$.
The statement of financial activities also complie5 with the requirements for an income and expenditure account
under the Companies Act 2006.
10-

GAP SUPPORTED HOUSING
BALANCE SHEET
ASAT31 MARCH 2024
2024
2023
Notes
Flx•d assets
Tangible assets
189,817
193.090
Current assets
Debtors
Cash at bank 8nd in hand
10
810
86.614
12,938
34,479
87,424
47,417
Credltor8: amounts falllng due within
one year
12
113,3551
112,945)
Net current assets
74,069
34,472
Total assets less current Ilablllties
263,886
227.562
Credltors: amounts falllng due after
more than ono year
13
118,8001
117,7001
Net assets
245,086
209,862
Income funds
Restricted funds
Unrestricted funds
14
42,433
202,653
12,187
197,675
245,086
209.862
The company Is entitled lo the exemption from the audit requirement contair￿d in section 477 of the Companies A
2006. for the year ended 31 March 2024.
The direclors acknowledge Ihgir responsibilities for complying with the requiremenls of the Companies Act 2006
wrth respect lo aceounling rKords and the p￿paratiOn of financial ststements.
The members have not required the compary to obtain an audit of rts financial statements for the year in q￿StIOn in
accordance with section 476.
These financial stalemgnts have been prepared in a￿ordanCe wlh the provisions applicable to companies subj'ect
lo the small companies regime.
The finan
lements were approved by the Trustees on 19 0￿8mber 2024
A Bertram
Trustse
Company reglstratlon number 06944
11

GAP SUPPORTED HOUSING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcles
Charlty Inforn)atlon
Gap Supported Housing is a private company limited by guarantee incorwrated in England and Wales. The
registered office is Office 4. 4 Me81 Market, Hexham, Northumberfand, NE46 1NF, United lfjngdom.
1.1 Accountlng ¢onv•ntion
The finanaal slalements have been prepared in accord8nce with the charity's Memorandum and Artide's of
Associat¢on, the Companies Act 2006, FRS 102 °The Financial Reporting Standard applicable in the UK and
Republic of Ireland. I'FRS 102°} and the Charities SORP "Accounting and Reporting by Challlies.. Statement
of Recommended Pra¢ti¢e applicable to charities preparing their accounts in eccordance with the Finanual
Reporting Standard applicable in the UK and Republic of I￿land IFRS 1021. leffective 1 January 20191. The
charity is a Public Benefft Entity as defined by FRS 102.
The charity has tsken advanlage of the provisions in the SORP for charities not lo prepare a Stat8nent of
Cash Flows.
The financial statements are prepa￿d in sterfing, which is the functional currenw of the charity. Monetsry
amounts in these financial slalements afe rounded to the nearest £.
The finanaal ststemenls have been prepared under the historie81 cost convention, modified lo include the
revaluation of freehold properties al fail value. The piincipal aecounling pojicps adopted are sel out below.
1.2 Golng concern
At the time of approving the financial statements. the Iruslees have a reasonable expectslion th81 the tharily
has adequate resources to continue In operational existence for the foreseeable ftjlure Thus the Iru51ees
contsnue lo adopt the g￿ng concem basis of accounting in preparing the financial $ts1omerrts,
1.3 Charltsble funds
Unrestiicted funds are available for use at the discrth'on of the trustee$ in furtherance of their charitable
obj'ectives.
Re$lricled funds are subject lo condllions by donors as lo how they may be used. The purposes 8nd
uses of the reslricled funds are sol out in the notes to the financial slalemenls.
Endovment fvnds are subject lo specrfic conditions by donors th81 the ￿Pital musl be maintained by the
charity.
1.4 Income
Income is recognised when the charity is kgally entitled to il after any perfomiance conditi.ons havg been mel.
the amounts can be measured reliably, and il is probable that income wll be received.
Cash donations are recognised on reC￿p1. Other donations are recognised once the charily has been notified
of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in
relation lo donations received under Gift Aid or deeds of covenant is recognised al the b'me of the donation.
Legacies are recognised on feceipt or otherwse if the ch8rity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known. the legacy is tre81ed as a
contingent asset.
1.5 Expend5ture
All expendiluie is recognised by the charity when Ihe liabilty has been incurred. Expenditure is recognised on
an accruals basis as the liability is incuffed.
12-

GAP SUPPORTED HOUSING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
A¢countlng pollcles
(Continued)
1.6 Tanglble ftxed assets
Tangible fixed assets are initially measured at cost and sub5equentfy measured al cost or valuation, net of
depreciation and any impaimenl105ses.
Depreuation is recognised so as lo write off the Cost or valuation of assets less their residual values over their
useful lives on the followng bases..
Land and buildings
Fixtures. frttings & equipment
Revalued annually
25% Reducing Balan
The gain or loss arising on the disposal of an asset is detem)Ined as the difference befv￿en the sale proceeds
and the Carr￿ng value of the asset, and is recognised in the stslemenl of finanaal activtties.
Properties %those fair value can be measured reliably are held under the revaluation model and are carried al
8 revalued amount. being theif fair value al the date ol valuation less any subsequent accumulated
depreciation and subsequent accumulated impairnient losses. The fair value ol thè land and buildings is
usually considered to be their market value.
Revaluation gains and losses are recogniseil in other recognised gains and losses and accumulatsd in equity.
except to the extent that a revaluation gain ￿verse$ 8 revaluation loss previously recognised in nel incomel
lexpenditurel or a revaluation loss exceeds the accumulated revaluation gains recognised in equrty.. such
gains and loss are recognised in net incomel{expendilurel for the year.
1.7 Impairment of fixed assets
At each reporting elld date, the charity reviews the carrying amounts of ils tangible assets lo determine
whether there is any Indication Ihal those assets have suffered an impaim)enl loss. If 8ny such indulion
exists. the ￿e0verable amount of Ihe asset is estimated In order to determine the extent of the impairment
loss lif any).
1.8 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call wlh banks, other short-lerm liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Fin•n¢lal Instruments
The charity has elected lo apply the provisions of Section 11 '8asic Fin8nci81 Instruments, and Section 12
'Olher Financial Instruments Issues. of FRS 102 to all of rts finanoal Instruments.
Financial inslrurnenls are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the inslrumenl.
Financial assets and liabilities are offset. ￿th the net amounts presented in the financial slalemenls. when
there is a legally enforceable righl to set off the recognised amounts and there is an intention lo settle on a nel
basis or lo realise the asset and settle the liabilty simultsneously.
Basic financlal assets
Basic financial assets. which include debtots and cash and bank balances. are initially measured ai
transaction price Includin9 transaction costs and a￿ subsequently carried al amortised cost using the effective
interest method unless the arrangement constilules a financing transaction. where the transaction Is
measured al the present value of the lulure receipts discounted al a markel iale of interest. Financial assets
classified as receivable within one year are not amortised.
13-

GAP SUPPORTED HOUSING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
(Contlnuedl
D•rncognition of financlal assets
Financial assèts are derecognised only when the contractual rights lo the cash flows from the asset expire or
are setued, or when the chafily transfers the financial asset and subslanlially all the risks and rewards of
ownership lo another enlily, or if some significant risks and rewards of ownership are retsined but Control of
the asset has transferred to aTh)Iher paty that is able lo sdl the asset in ils entirety lo an unrelated third party.
8asie financlal liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised al transaction price unle
the arrangement constitutes a financing transaction, where the debt instrument is measu￿￿ al the present
valu8 of the future payments discounted al a market rale of inlerèsl. Finan￿01 liabilits'es classified as payable
wf(hin one year are not amortised.
Debt instruments ale subsequently carried al amortised cost, using the effective interesl rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the Ordin￿ course of
operatsons from suppliers Amounts payable are classified as current liabilities if payment is due within one
year or less. If nol, they are presented as non-current liabilits8s. Trade creditors are recognised initially al
transaction price and subsequently measured at amortised cost using the effective interest method.
D•rntognltion of Ilnanclal Ilabilltffes
Financial Iiabililies are dewognised vA)en the charty'$ contractual obligations expire or are distharged or
cancelled.
1.10 Employee beneflts
The cost of any unused holiday entitlement is recognised in the period in which the employee's seNices are
received.
Teminalion benefrts are recognised immediately as an expense when the charity is demonstrably committed
to lerniinale the employment of an employee OT to provide lerminat¢on benefrt5.
1.11 Rètlremgnt beneflts
Payments to defineif contribution retirement berbefrt schemes charged as an expense as they fall due.
crftlcal a¢¢ountlng estlmates and Judgements
In the appliealion of the charity's a￿ountIng policies, the trustees are required to make judgements, estimate5
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources The eslimales and associated assumpb'ons are based on historical experience and other factors that
are considered lo be relevant. Actual results may differ from these estimates.
The estimates and undertying assumptions are reviewed on an ongoing basis. Revisions to a¢counling
eslimales are recognised in the period in whith the estimate is revised where the revision affects cnly that
period, OT in the period of the revision and fLrture periods where the revision affects both current and future
peritxls.
14.

GAP SUPPORTED HOUSING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Don•tlons and l•gacl
Unre8trlct•d Unr•strlct•d
fvnds
fund•
2024
2023
Donations and glfts
26,832
28.938
Charltabl• a¢tfvitles
2024
2023
Rental income recèlved
Grant$ received
222,590
113,339
183.893
72.295
335,929
256,188
Anatysi8 by lund
Unrestricted fijnds
Restri¢t•d funds
222.590
113.339
335.929
For the yoar ended 31 Mar¢h 2023
Unrosiricted funds
Re81ricted funds
188,893
87,295
256,188
Grants r•c•lv•d
The National Lottery Community Fund
Help The Homele$$
Jolcey Trust
Garfield Weston Foundation
Hadrian Trust
Bemia8
James Knott Tru81
Northumberland County Councll
County Dutham Community Fund
50,839
2,$00
3.000
25.000
1,000
10,000
9.000
10,000
2.000
61,995
10,300
113,339
72.295
15-

GAP SUPPORTED HOUSING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Charltabl• a¢tlvltles
2024
2023
Staff costs
Depreciation
HR $upport costs
Rent and rates
Insurance
Light and heal
Mainlenan¢e
Repairs and renewal$
207,649
3,272
2,140
38.726
5,534
34,678
7,496
4,930
195,869
4,363
2,392
36,215
4,917
28,860
6,348
7,586
k 11
Postsge and slalionery
Telephone
Office costs
Travelling expenses
Legal and professional fees
Recruitment costs
Sundry expenses
Accountancy
2.088
6,309
4.208
215
1,985
1.438
6.049
820
2,010
7,131
4,317
49
931
2,605
6.729
1.700
327.537
312,022
327,537
312.022
Analys1$ by fund
Unrestricted fvnds
Restricted funds
244,444
83.093
244,789
67,233
327,537
312.022
Tru¥ts••
None ol the Irustaès lor any persons connected with them) received any remuneration during the year and
none of them were ￿1MbUl$ed any expenses.
Employo68
The average monthly number of employees during the year was..
2024
Numb•r
2023
Numb•r
Management
Homeless Support
Tolal
16-

GAP SUPPORTED HOUSING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Employees
(ContSnugdl
Employment Costs
2024
2023
Wages and salaries
Social security costs
Other pension costs
192,521
11,260
3,868
182.134
10,882
2,853
207,649
195,869
There were no employees whose annual remuneration was more than £60.000.
Taxation
The charity is exempl from lax on income and gains falling wlhin section 505 of the Taxes Act 1988 or section
252 of the Taxationof Char9eable Gain$Acl 1992 to the extent that these are applied lo its tharitable objects.
Tanglble flxed assets
L•nd and
building$
Flxtur•s.
fittings &
oquipment
Total
Cost
Al 1 April 2023
180,000
51.750
231,750
At 31 March 2024
180,0¢)0
51,750
231,750
Deprnclatlon and Impalmient
At 1 April 2023
Depreciation charged in the y&ar
38,661
3,272
38,661
3,272
At 31 Marth 2024
41.933
41.933
Carylng amount
At 31 Mareh 2024
180,000
9,817
189,817
Al 31 March 2023
180,000
13,090
193.090
The carrying value of land induded inland and buildings comprises..
2024
2023
F￿ehOld
180,000
180,000
17-

GAP SUPPORTED HOUSING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Tanglble fixed assgts
{Contlnued}
The company owns tsvo properties, being numbers 4 and 5 Dean Street. Number 4 Dean Street has been
owned by the charity since it's purchase in 2000 and number 5 Dean Street was transferred lo the charity in
2010. The combined properties are valued al their deerned cost of £180,O¢JO, which was calculated based on
an independent third paty valuation carried out by Rook Mathew Sayer in 2011. The Iruslees believe that this
valuation continue$ lo reflect the fair value of the propety based on sales pri¢8s of similar properties in the
area.
10 Debtorn
2024
2023
Amounts falllng due wlthin one year:
Trade debtors
810
12,938
11 Loans and overdrafts
2024
2023
Other loans
19,680
20,340
Payable withSn one year
Payable after one year
880
18,800
2,640
17,700
The l¢)an from the Quaker Housing Trust is interest free, unsecured and is repayable in equal annual
inslalmenls over a period of up lo ten years.
12 Crodltors: amounts falllng due wlthln one year
2024
2023
Borrowings
Trade creditors
Other creditors
Aceruals and deferred income
880
4.235
5,424
2,816
2,640
1,830
4.745
3.730
13.355
12,945
13 Credltors: amounts falllng due after more than one year
2024
2023
Borrowings
18,800
17,700

GAP SUPPORTED HOUSING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
14 Re$trlcted funds
The income funds of the charity include restn.cted funds comprising the followng unexpended balan￿$ of
donations and grants held on trust for specrfic purposes..
Movement in fvnds
Balance at
InGornlng
Resour¢
Balance at
l Aprll 2022 ROK*ur￿$
Expended 1 Aprfl 2023
Movemenl In funds
Incoming
Resources
B•l•n¢e at
R080urc¢• ExpEnd8d 31 Alwch 2024
The National
Lottery
Community
Fund- RC
North East &
Cumbria
Region
Help The
Homeless
Community
Foundation
Durham
Joicey Trusl
Garfeld
Weston
Foundation
Hadrian Trust
Bemiaa
James Knott
Trust
Northumberfa
nd County
Council
12,125
61,995
181,9331
12,187
50,838
{45.426
17,599
5,000
{5.0001
2.500
12,5001
300
13001
2,000
3.000
(2,000
(3,0001
25,000
1.000
10,000
{14.5831
(1,0001
18331
10.417
9,167
9.000
13.750)
5.250
10,000
110,0001
12,125
67,295
167,2331
12,187
113,338
{83,092)
42,433
15 An•tysls of net assets b8tween funds
Unrtstricted Restrlcted
Funds
Funds
2024
2024
Total Unrestricted Rostrlcted
Funds
Funds
2023
2023
Total
2024
2023
Fund balances al 31
Ma￿h 2024 are
represented by..
Tangible assets
Current assetsllliabilitiesl
Lon9 term liabilrtie$
189.817
31,636
118,8001
189,817
74,069
(18,8001
193,090
22,347
(17,7001
193,090
34,472
117,700}
42,433
12,125
202.653
42,433
245,086
197,737
12,125
209.862
19-

GAP SUPPORTED HOUSING
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16 Opèratlng l••s• ¢omm5tments
Al the reporting end dale the charity had oul$tanding commllments for fuluTe minimum lease payments under
non-cancellable operating leases, vthich f811 due as follows..
2024
2023
V￿thin one year
Betsveen ￿ 8n(i five years
29,880
29.880
29,880
59.760
59.780
89,840
The operating l•a¥es represent 8 lea$e from Karbon Homes. The lease is for a pertod of 20 y•ars, however
there 18 an option of a break at 3rd March 2026.
17 R•latsd paty iran84¢¢lons
Thgre were no di￿10$able related paty transactions during the year (2023- none).
-20-