_**Company number: 07064774 Charity number: 1139183**_
**Hackney Doorways (A Charity Company Limited by Guarantee, company number 07064774) Financial Statements and Trustees' Report for the year ended 30 June 2024**
AT **Hackney Doorways**
**(A Charity Company Limited by Guarantee, company number 07064774)**
**Index to the Financial Statements for the year ended 30 June 2024**
||**Page**|
|---|---|
|**Index to the Financial Statements**|**2**|
|**Charitable company Information**|**3**|
|**Trustees' Report**|**4 - 5**|
|**Trustees' Responsibilities Statement**|**6**|
|**Independent Examiner's Report**|**7**|
|**Statement of Financial Activities**|**8**|
|**Statement of Financial Position**|**9**|
|**Statement of Cash Flows**|**10**|
|**Accounting Policies**|**11**|
|**Notes to the Accounts**|**12 - 16**|
Page 2
AT **Hackney Doorways**
**(A Charity Company Limited by Guarantee, company number 07064774)**
## **Charitable company Information for the year ended 30 June 2024**
|**Status:**|Hackney Doorways is a company limited by guarantee and a registered charity governed|Hackney Doorways is a company limited by guarantee and a registered charity governed|
|---|---|---|
||by its memorandum and articles of association. The directors of the charity are its trustees||
||for the purposes of charity law and throughout this report are collectively referred to as the||
||trustees.||
|**Charity name:**|Hackney Doorways||
|**Company registration number:**|07064774||
||(England & Wales)||
|**Charity registration number:**|1139183||
|**Registered office:**|Room 3||
||The Round Chapel Old School|Rooms|
||2 Powerscroft Road||
||Lower Clapton||
||London E5 0PU||
|**Trustees who held office**|Linda Carmody||
|**during the year:**|Andrea Daniels||
||Violet Del Toro|- Resigned 27 July 2023|
||Robert James Duvall|- Resigned 27 July 2023|
||Patrick Ford|- Appointed 2 November 2023|
||Brigid Hayden|- Appointed 2 November 2023|
||Mark Hosgood||
||Laura Lotinga|- Appointed 2 November 2023|
||Arto Maatta|- Resigned 25 January 2024|
||Kathy Meade||
||Georgina Sheeran|- Resigned 25 April 2024|
||Michael Stubbings|- Resigned 25 April 2024|
|**Chair:**|Andrea Daniels||
|**Treasurer:**|Mark Hosgood||
|**Secretary:**|Kathy Meade||
|**Independent Examiner:**|**Anthony Armstrong FCA**||
||**Armstrong & Co**||
||_Chartered Accountants & Statutory Auditor_||
||4a Printing House Yard||
||Hackney Road||
||London E2 7PR||
|**Bankers:**|**CAF Bank Ltd**||
||25 Kings Hill Avenue||
||Kings Hill||
||West Malling||
||Kent ME19 4TA||
Page 3
**(A Charity Company Limited by Guarantee, company number 07064774)**
## AT **Hackney Doorways**
## **Trustees' Report, incorporating the Directors' Report**
## **for the year ended 30 June 2024**
The Trustees of Hackney Doorways present their report together with the financial statements for the year ended 30 June 2024.
## **Structure, Governance and Management**
## **Governing Document**
Hackney Doorways is a company limited by guarantee, incorporated on 3 November 2009 and registered as a charity on 23 November 2010. The company was established under a Memorandum of Association which established the objects and powers of the company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1 each.
## **Management**
The board of trustees are the directors of the charity for the purposes of the Companies Act 2006 and are responsible for overseeing the charity's development and management. A list of those who served during the year is given on page 3. The trustees all give their time freely and none have any financial interest in the charity. No trustees were remunerated for their services as trustees for the year.
## **Risk mitigation**
The board has examined the principal areas of the charity's operations and considered the major risks which may arise in each of these areas. In the opinion of the trustees the charity has established resources and review systems which, under normal conditions, should allow the risks identified by them to be mitigated to an acceptable level in its day to day operations.
## **Chair's foreword**
As we settled into our new main mixed shelter, from July 2023 to June 2024, we provided emergency shelter for 198 people. This is almost double that of the previous year, thanks to our move to larger premises and the continued success of our women’s shelter, now in its fifth year. Our guests included 83 women, 114 men and 1 non-binary person. With ages ranging from 18 to 74, the majority of our guests were from black and minority ethnic backgrounds (86%).
Most of our guests (87%) were able to move on into positive, stable, longer-term accommodation. To avoid returning anyone to the street we typically extend our guests’ stay with us until secure accommodation is found; the average stay is 45 nights. Almost a quarter (24%) were able to retain or secure paid employment. This can be key to a successful move out of homelessness.
Despite cost-of-living challenges for our community, thanks to the generosity of our supporters and funders, we remain open 365 nights in the year, providing 26 bed spaces every night for people who would have otherwise been sleeping on the street.
I would like to thank everyone who has supported us in the past year to continue our work. Without you, this would not be possible. From our Hackney Half runners, to our first brave Sleep Out volunteers to over a thousand people who came along to our Belter for the Shelter comedy evening. From the generosity of those putting on gigs, undertaking challenges and purchasing our bespoke prints and cards, the spirit of the people of Hackney never ceases to amaze us all. In the words of the iconic Hackney Dave, “Hackney is always a good idea”.
I would also like to thank our volunteers (including my fellow Trustees) and our amazing staff team for their passion, commitment, expertise and compassion. And to our landlords, Hackney Borough Council for providing our new main shelter site, to complement our women only shelter, The Manse which we continue to lease from the United Reform Church.
With homelessness now at record levels in the UK, demand for our service continues to grow. This year has seen both our shelters consistently at or near full capacity. High rents, insecure tenancies, housing benefit cuts and ongoing shortages of social housing all contributed to the 19% rise in rough sleeping in Hackney year on year. A significant factor to this has been the change in arrangements for the withdrawal of accommodation and support for asylum seekers granted leave to remain. Refugees evicted from their previous Home Office asylum seekers accommodation accounted for a devastating rise of 17% in the new rough sleepers in London during the year.
Thank you all.
Andrea Daniels
**Chair of Trustees**
Page 4
**(A Charity Company Limited by Guarantee, company number 07064774)**
## AT **Hackney Doorways**
## **Trustees' Report, incorporating the Directors' Report**
## **for the year ended 30 June 2024**
## **Financial Review**
## **Results for the year**
The results of the period and financial position of the charity are shown in the annexed financial statements.
The Statement of Financial Activities shows net income for the year of £61,514 and total funds of £432,636, including unrestricted funds of £431,553.
## **Reserves Policy**
We acknowledge that the maintenance of financial reserves is considered good practice in the charitable sector. We aim to maintain financial reserves equivalent to six months of operational expenditure at all times.
## **Independent Examiner**
The Independent Examiner, Anthony Armstrong FCA of Armstrong & Co, Chartered Accountant and Statutory Auditor, has indicated his willingness to be proposed for re-appointment.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small
companies.
The financial statements were approved by the Board of Trustees on 28 February 2025 and signed on its behalf by:
**Andrea Daniels Chair of Trustees**
Page 5
**(A Charity Company Limited by Guarantee, company number 07064774)**
## AT **Hackney Doorways**
## **Trustees' Responsibilities Statement for the year ended 30 June 2024**
The trustees (who are the directors of Hackney Doorways for the purpose of company law) are responsible for preparing the Trustees 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 its incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- a) Select suitable accounting policies and apply them consistently;
- b) Observe the methods and principles in the Charities SORP;
- c) Make judgements and estimates that are reasonable and prudent;
- d) Follow applicable accounting standards and statements of recommended practice, subject to any material departures disclosed and explained in the accounts;
- e) Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006 and charity legislation. 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.
Page 6
AT **Hackney Doorways**
**(A Charity Company Limited by Guarantee, company number 07064774)**
## **Independent Examiner's Report to the Trustees of Hackney Doorways**
I report on the accounts of Hackney Doorways for the period from 1 July 2023 to 30 June 2024, which are set out on pages 8 to 16.
This report is made solely to the trustees as a body in accordance with section 145 of the Charities Act 2011 (the Charities Act) and regulations made under section 154 of that Act. My examination has been undertaken so that I might state to the trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the trustees as a body, for my examination, for this report, or for the opinions I have formed.
## **Respective responsibilities of trustees and examiner**
As described on page 6, the trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the the Charities Act and that an independent examination is needed. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales (ICAEW).
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- a) examine the accounts under section 145 of the Charities Act;
- b) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act, and
- c) to state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 386 of the Companies Act 2006 Act, or
- the accounts do not accord with such records; or
- the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination, or
- the accounts have not been prepared in accordance with the Charities SORP (FRS102).
- I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
|**Anthony Armstrong FCA, Independent Examiner**||
|---|---|
|**of Armstrong & Co**|**4a Printing House Yard**|
|_Chartered Accountants & Statutory Auditor_|**Hackney Road**|
||**London E2 7PR**|
|**Dated: 28 February 2025**||
Page 7
**(A Charity Company Limited by Guarantee, company number 07064774)**
## FS **Hackney Doorways**
## **Statement of Financial Activities**
## _**incorporating the income and expenditure account**_ **for the year ended 30 June 2024**
|**Notes**
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
**Total income**
**Expenditure on:**
Raising funds
7
Charitable activities
8
**Total expenditure**
**Total income less total expenditure**
**Reconciliation of funds:**
Total funds brought forward
15
**Total funds carried forward**
14|||**2024**
**2023**
**Total Funds**
**Total Funds**
£
£
277,198
217,190
230,973
277,207
22,532
41,828
2,182
1,060
**532,885**
**537,285**
44,456
4,866
426,915
372,009
**471,371**
**376,875**
**61,514**
**160,410**
371,122
210,712
**432,636**
**371,122**|
|---|---|---|---|
||**Unrestricted**
**Funds**|**Restricted Funds**||
||£
277,198
207,990
22,532
2,182|£
-
22,983
-
-
**22,983**
-
33,900
**33,900**
**(10,917)**
12,000
**1,083**||
||**509,902**|||
||44,456
393,015|||
||**437,471**|||
||**72,431**
359,122|||
||**431,553**|||
All incoming resources and resources expended are derived from continuing activities. The statement of financial activities incorporates an income and expenditure account. The accompanying accounting policies and notes form an integral part of these financial statements.
Page 8
**(A Charity Company Limited by Guarantee, company number 07064774)**
## **Hackney Doorways**
## **Statement of Financial Position**
## **as at 30 June 2024**
|||**30 June 2024**|**30 June 2024**|**30 June 2023**|**30 June 2023**|
|---|---|---|---|---|---|
||**Notes**|£|£|£|£|
|**Current assets:**||||||
|Debtors|10|22,899||23,268||
|Cash at bank and In hand|11|491,334||407,653||
|**Total current assets**||514,233||430,921||
|**Creditors: amounts falling due within one year**|12|81,597||59,799||
|**Net current assets/(liabilities)**|||432,636||371,122|
|**Total net assets**|||432,636||371,122|
|**The funds of the charity:**||||||
|Restricted income funds|14||1,083||12,000|
|Unrestricted income funds|14||431,553||359,122|
|**Total charity funds**|19||432,636||371,122|
The directors are satisfied that the company is entitled to exemption from audit under Section 477 of the Companies Act 2006 and that no member or members have requested an audit pursuant to section 476 of the Act.
The directors acknowledge their responsibilities for:
(i) ensuring that the company keeps proper accounting records which comply with Section 386 of the Companies Act 2006; and
(ii) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of the financial year and of its surplus or deficit for the financial year in accordance with the requirements of Section 394 and 395 of the Companies Act 2006, and which otherwise comply with the requirements of this act relating to accounts, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard 102.
## **The financial statements were approved by the Board of Trustees on 28 February 2025 and signed on its behalf by:**
**Andrea Daniels (Chair) Mark Hosgood (Treasurer) Trustee Trustee**
## _**The accounting policies and notes on pages 11 to 17 form part of these accounts.**_
Page 9
**(A Charity Company Limited by Guarantee, company number 07064774)**
## **Hackney Doorways**
## **Statement of Cash Flows**
## **for the year ended 30 June 2024**
|**Notes**
**Cash flows from operating activities:**
Net cash provided by/(used in) operating activities
**1**
**Cash flows from investing activities:**
Dividends, interest and rents from investments
**Net cash provided by/(used in) investing activities**
**Change in cash and cash equivalents in the reporting period**
**Cash and cash equivalents at the beginning of the reporting period**
**2**
**Cash and cash equivalents at the end of the reporting period**
**2**
**Notes to the Cash Flow Statement**
**1)**
**Adjustments for:**
Dividends, interest and rents from investments
(Increase)/decrease in debtors
Increase/(decrease) in creditors
**Net cash provided by/(used in) operating activities**
**2)**
**Analysis of cash and cash equivalents**
Cash in hand
**Total cash and cash equivalents**
**Reconciliation of net income/(expenditure) to net cash flow from**
**operating activities**
Net income/(expenditure) for the reporting period (as per the statement of financial
activities)|**2024**
£
81,499
2,182
2,182
83,681
407,653
**491,334**
**2024**
£
61,514
(2,182)
369
21,798
**81,499**
**2024**
£
491,334
**491,334**|**2023**
£
169,901|
|---|---|---|
|||1,060|
|||1,060|
|||170,961
236,692|
|||**407,653**|
|||**2023**
£
160,410
(1,060)
(19,268)
29,817|
|||**169,901**|
|||**2023**
£
407,653|
|||**407,653**|
Page 10
**(A Charity Company Limited by Guarantee, company number 07064774)**
## **Hackney Doorways**
## **Accounting Policies**
## **for the year ended 30 June 2024**
## **Basis of preparation**
The financial statements have been prepared in accordance with:
- a) Applicable UK accounting standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), including section 1A'.
- b) 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 1 January 2015) - (Charities SORP FRS 102);
- c) the Companies Act 2006.
## **Public benefit entity**
The charitable company meets the defination of a public benefit entity under FRS 102.
## **Going concern**
The trustees consider that there are no material uncertainties about the charitable company's ability to continue to operate and accordingly the accounts have been prepared on a going concern basis.
## **Income recognition**
Income is recognised when the charity has a contractual or other right to its receipt, it is probable that the income will be received and that the amount can be measured reliably. Income with conditions attached to its receipt is recognised when those conditions have been fulfilled.
- Voluntary income and donations (including legacies) are accounted for once the charity has entitlement to the income, it is probable the income will be received and the amount of income receivable can be reliably measured. Income from the recovery of tax on gift aided donations is accounted for in the period to which the relevant donation is received. Grant income is recognised on a receivable basis.
- Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
## **Expenditure recognition**
- Grants payable are payments made to third parties in furtherance of the charity’s objects. In the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award. The notification gives the recipient a reasonable expectation that they will receive the grant. Grants awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of the control of the charity.
- Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to the independent examination and legal fees.
- Rentals under operating leases are charged as incurred over the term of the lease.
## **Deferred income**
Income received which is contractually or otherwise not expendable until a future period is deferred to the period in which it meets the criteria for income recognition.
## **Restricted Funds**
Restricted funds are to be used for specified purposes as laid down by the funder. Direct and support expenditure which meets these criteria are identified to the fund together with a fair allocation of other costs.
## **Unrestricted Funds**
Unrestricted funds are funds received which have no restrictions placed on their use and are available as general funds.
## **Allocation of costs**
Costs are allocated directly to projects where they can be identified as relating solely to that project. Other costs are allocated between the funds based on staff time spent on the fund activities or other appropriate criteria.
## **Pensions**
The charity operates defined contribution schemes which are administered by outside independent pensions providers. Contributions payable for the year are charged to the Statement of Financial Activities.
Page 11
**(A Charity Company Limited by Guarantee, company number 07064774)**
## F **Hackney Doorways**
**Notes to the Accounts for the year ended 30 June 2024**
## **1 Incoming resources**
The incoming resources and surplus are attributable to the principal activities of the charity.
## **2 Net incoming resources**
||||
|---|---|---|
|**Net incoming resources**
_Net incoming resources are stated after charging:_
Independent Examiner's fees - reporting service
Independent Examiner's fees - other services
**Trustees' emoluments**|**2024**
£
1,440
570
Nil|**2023**
£
1,680
763|
|||Nil|
**Trustees' emoluments**
Emoluments include salaries, fees, bonuses, expense allowances and estimated non-cash benefits receivable. All trustees serve in a voluntary capacity and do not receive payment for their services.
|**Income from donations and legacies**
Donations
Gift aid|**Unrestricted**
£
277,198
-
277,198|**Restricted**
£
-
-
-|**2024**
**2023**
**Total**
**Total**
£
£
277,198
199,219
-
17,971
277,198
217,190|
|---|---|---|---|
- **3 Income from donations and legacies**
|**4**
**Income from charitable activities**
Grants receivable
SWEP provision
**5**
**Income from other trading activities**
Fundraising income
Ticket sales
**6**
**Income from investments**
Bank interest
**7**
**Expenditure on raising funds**
Fundraising costs|**Unrestricted**
£
189,940
18,050
207,990
**Unrestricted**
£
-
22,532
22,532
**Unrestricted**
£
2,182
2,182
**Unrestricted**
£
44,456
44,456|**Restricted**
£
22,983
-
22,983
**Restricted**
£
-
-
-
**Restricted**
£
-
-
**Restricted**
£
-
-|**2024**
**Total**
£
212,923
18,050
230,973
**2024**
**Total**
£
-
22,532
22,532
**2024**
**Total**
£
2,182
2,182
**2024**
**Total**
£
44,456
44,456|**2023**
**Total**
£
277,207
-|
|---|---|---|---|---|
|||||277,207|
|||||**2023**
**Total**
£
34,317
7,511|
|||||41,828|
|||||**2023**
**Total**
£
1,060|
|||||1,060|
|||||**2023**
**Total**
£
4,866|
|||||4,866|
Page 12
## F **Hackney Doorways**
## **(A Charity Company Limited by Guarantee, company number 07064774)**
## **Notes to the Accounts**
**for the year ended 30 June 2024**
|**8**
**Expenditure on charitable activities**
Staff salaries
Staff social security
Staff pensions
Staff:Interim staff costs
Other staff costs
Shelter fit-out
Shelter costs
Women's Shelter costs
Volunteers
**_Administration & financial expenses_**
Premises expenses
Office running costs
Independent examiner fees
Payroll services
Legal and professional fees
Bank charges
Total charitable expenditure
**9**
**Staff costs**
Staff salaries
Staff social security
Staff pensions
Staff:Interim staff costs
Other staff costs
Average number of FTE employees during the year was:|**Unrestricted**
£
245,506
20,943
13,003
14,954
1,580
-
35,912
37,063
8
368,969
1,993
17,843
1,440
570
2,140
60
24,046
393,015|**Restricted**
£
23,000
-
-
-
-
-
10,050
-
850
33,900
-
-
-
-
-
-
-
33,900|**2024**
**Total**
£
268,506
20,943
13,003
14,954
1,580
-
45,962
37,063
858
402,869
1,993
17,843
1,440
570
2,140
60
24,046
426,915
**2024**
£
268,506
20,943
13,003
14,954
1,580
318,986
7.6|**2023**
**Total**
£
212,786
15,915
8,970
8,090
1,391
45,613
11,090
50,536
43|
|---|---|---|---|---|
|||||354,434|
|||||2,006
10,379
2,443
540
2,128
79|
|||||17,575|
||||||
|||||372,009|
|||||**2023**
£
212,786
15,915
8,970
8,090
1,391|
|||||247,152|
|||||7.6|
Average number of FTE employees during the year was:
No remuneration was paid to any Trustee or their associates for services as a trustee during the year ended 30 June 2024 nor to 30 June 2023.
|Employees paid in excess of £60,000 during the current year and previous year:
**10 Debtors: amounts falling due within one year**
Prepayments
Accrued income
Rent deposit
**11 Bank and cash in hand**
CAF Bank
Scottish Widows Bank
Petty cash|None
**2024**
£
928
17,971
4,000
22,899
**2024**
£
387,736
103,248
350
491,334|None|
|---|---|---|
|||**2023**
£
1,297
17,971
4,000|
|||23,268|
|||**2023**
£
305,508
101,795
350|
|||407,653|
Page 13
## F **Hackney Doorways**
## **(A Charity Company Limited by Guarantee, company number 07064774)**
## **Notes to the Accounts**
## **for the year ended 30 June 2024**
|**12 **
**13 **
**14 **|**Creditors: amounts falling due within one year**
Credit cards
Pension liabilities
Accruals
Deferred income
**Deferred income reconciliation**
Balance as at 1 July 2023
Amount released to income
Amount deferred in year
Balance as at 30 June 2024
**The funds of the charity: current year**
**Opening**
**balance**
£
_Restricted funds_
Restricted income funds
12,000
_Unrestricted funds_
General funds
359,122
371,122|**Creditors: amounts falling due within one year**
Credit cards
Pension liabilities
Accruals
Deferred income
**Deferred income reconciliation**
Balance as at 1 July 2023
Amount released to income
Amount deferred in year
Balance as at 30 June 2024
**The funds of the charity: current year**
**Opening**
**balance**
£
_Restricted funds_
Restricted income funds
12,000
_Unrestricted funds_
General funds
359,122
371,122|**Resources**
**arising**
£
22,983
509,902
532,885|**Resources**
**utilised**
£
(33,900)
(437,471)
(471,371)|**2024**
£
-
1,616
79,981
-
81,597
**2024**
£
7,000
(7,000)
-
-
**Other**
**movements**
£
-
-
-|**2023**
£
922
1,113
50,764
7,000|
|---|---|---|---|---|---|---|
|||||||59,799|
|||||||**2023**
£
-
-
7,000|
|||||||7,000|
|||||||**Closing**
**balance**
£
1,083
431,553|
|||||||432,636|
||||||||
||**General funds**|General funds of £431,553 are immediately unencumbered and freely available for use by the
charity.|||||
|**15 **|**The funds of the charity: prior year**
_Restricted funds_
Restricted income funds
_Unrestricted funds_
Designated funds
General funds
_Total unrestricted funds_|**The funds of the charity: prior year**
_Restricted funds_
Restricted income funds
_Unrestricted funds_
Designated funds
General funds
_Total unrestricted funds_|**Opening**
**balance**
£
20,279
30,000
160,433
190,433
210,712|**Resources**
**arising**
£
36,959
-
500,326
500,326
537,285|**Resources**
**utilised**
£
(45,238)
(30,000)
(301,637)
(331,637)
(376,875)|**Other**
**movements**
£
-
-
-
-
-|**Closing**
**balance**
£
12,000
-
359,122|
|---|---|---|---|---|---|---|---|
||||||||359,122|
|||||||||
||||||||371,122|
|||||||||
||**General funds**|General funds of £359,122 are immediately unencumbered and freely available for use by the
charity.||||||
|**16 Designated funds: prior year**
Manse Project|**Opening**
**balance**
£
30,000
30,000|**Resources**
**arising**
£
-
-|**Resources**
**utilised**
£
(30,000)
(30,000)|**Transfers &**
**adjustments**
**Closing**
**balance**
£
£
-
-
-
-|
|---|---|---|---|---|
Page 14
## F **Hackney Doorways**
## **(A Charity Company Limited by Guarantee, company number 07064774)**
## **Notes to the Accounts**
## **for the year ended 30 June 2024**
|**17 Restricted funds: current period**
Frontline Network Training Fund
Mrs Smith and Mount
West Hackney Parochial Charity
**18 Restricted funds: prior period**
London Catalyst
Restricted Funds
London Churches Refugee Fund
London Borough of Hackney Project
Grant
London Catalyst Samaritan Grant
London Borough of Hackney Project
Grant
Coop Community Grant
Hackney CVS Cost of Living Grant
The Drapers' Company
London Churches Refugee Fund
London Catalyst Samaritan Grant|**Opening**
**balance**
£
-
-
10,000
-
2,000
-
-
-
12,000
**Opening**
**balance**
£
7,500
10,000
1,000
1,779
-
-
20,279|**Incoming**
**resources**
£
1,787
5,061
10,000
750
1,000
850
3,000
536
22,983
**Incoming**
**resources**
£
-
20,000
-
2,000
5,000
9,959
36,959|**Resources**
**utilised**
£
(1,787)
(5,061)
(20,000)
(117)
(2,550)
(850)
(3,000)
(536)
(33,900)
**Resources**
**utilised**
£
(7,500)
(20,000)
(1,000)
(1,779)
(5,000)
(9,959)
(45,238)|**Transfers &**
**gains/(losses)**
£
-
-
-
-
-
-
-
-
-
**Transfers &**
**gains/(losses)**
£
-
-
-
-
-
-
-|**Closing**
**balance**
£
-
-
-
633
450
-
-
-|
|---|---|---|---|---|---|
||||||1,083|
||||||**Closing**
**balance**
£
-
10,000
-
2,000
-
-|
||||||12,000|
## **Restricted funds (continued)**
Projects financed by restricted funds are supported by unrestricted funding where necessary. This occurs where the funding is in arrears or the incidence of expenditure on the project occurs disproportionately at the beginning of the project compared to the income flows. Where restricted projects end the year with a deficit, this is met by after year-end restricted income or transfers from unrestricted funds.
|unrestricted funds.||
|---|---|
|**Coop Community Grant**|Food costs|
|**The Drapers' Company**|To fund salary costs in 2022; The Drapers' Company look after trusts left in their care and
manage their investments so that they can confidently make long-term commitments to their
charity partners; essential human need - the provision of food, clothes, shelter, education and
hope - is always their priority.|
|**Hackney CVS Cost of Living**
**Grant**|Cost of Living grant – for food costs|
|**London Borough of Hackney**
**Project Grant**|Staff costs|
|**London Churches Refugee**
**Fund**|Hardship funds for refugees|
|**London Catalyst Samaritan**
**Grant**|Hardship fund for individual client welfare|
|**London Catalyst**|Funding towards a new shelter.|
|**Restricted Funds**|Guest assistance fund; the charity's mission is relief of poverty and support of educational needs.|
|**Frontline Network Training**
**Fund**|Training costs|
|**Mrs Smith and Mount**|Advice and support costs (salary of Shelter Coordinator)|
|**West Hackney Parochial**
**Charity**|Individual client hardship – resettlement costs|
Page 15
## F **Hackney Doorways**
## **(A Charity Company Limited by Guarantee, company number 07064774)**
## **Notes to the Accounts**
## **for the year ended 30 June 2024**
|**19**
Current assets
Current liabilities
Net assets represented by funds
**20**
Current assets
Current liabilities
Net assets represented by funds
**Net assets attributable to funds:**
**current period**
**Net assets attributable to funds:**
**prior period**|**General funds**
£
513,150
(81,597)
431,553
**General funds**
£
418,921
(59,799)
359,122|**Designated**
**funds**
£
-
-
-
**Designated**
**funds**
£
-
-
-|**Restricted**
**funds**
£
1,083
-
1,083
**Restricted**
**funds**
£
12,000
-
12,000|**Endowment**
**funds**
£
-
-
-
**Endowment**
**funds**
£
-
-
-|**Total**
£
514,233
(81,597)|
|---|---|---|---|---|---|
||||||432,636|
||||||**Total**
£
430,921
(59,799)|
||||||371,122|
## **21 Taxation**
The company is a registered charity. Accordingly, it is exempt from taxation in respect of income and capital gains to the extent that these are applied to its charitable objects.
## **22 Post balance sheet events**
There were no significant post balance sheet events.
## **23 Pension commitments**
The charitable company contributes to employee pension schemes. The assets of the schemes are held separately from those of the charitable company in independently administered funds.
Details of the schemes were as follows:
|**Name of Scheme**
**Type**
Defined
contribution
Scheme contributions|**2024**
**Paid in year**
£
14,116
14,116|**2024**
**Balance at year**
**end**
£
1,616
1,616|**2023**
**2023**
**Paid in year**
**Balance at year**
**end**
£
£
11,682
1,113
11,682
1,113|
|---|---|---|---|
## **24 Contingent liabilities**
The charitable company had no material contingent liabilities at 30 June 2024 nor at 30 June 2023.
## **25 Related parties**
During the year the trustees and their related parties made aggregate donations of £780 (2023: £1,130) to the charity.
## **26 Transactions with trustees**
During the year Georgina Sheeran, a trustee, was paid £1,200 for professioal services. All services were provided with the approval of the trustee board at or below market value.
## **27 Gifts in kind and volunteers**
During the year the charitable company benefited from unpaid work performed by volunteers.
## **28 Company status**
The company is limited by guarantee and has no share capital. The guarantors liability in the event the company is wound up is restricted to a maximum of £1 each.
Page 16