Encompass Southwest for tsY•qr End•d 31 M•th 2024 WESTCOTTS ¢MA&T•IIO *CCO¥IIV4MT•
Conl•nts 2to7 8t011 12 13 81thn•nt ofcmh Now• 14 10t•28
Encompus Southw•st R•f•r•n¢• and A1traIlv• D•tall• Cr•esw41 Ir•n& HoLln B•ryl EvonB Lk Steeto CBTDllnè LoJv•r (rawd 1 D•¢•mb•r2023) Clmrfty R•gl•trthn NuMI)•r 114628e Compmy R•gl•trlon Numbw 07149873 Th• tharfty •t¢d In EnAlond and Wth Unrt C2 Flthloh Ctsu Flihbbh Rd R•ol•l•r•d Offl 8m8th EX313UD ISWJ LLP Pl>ffn HoJ•• 3 Lorobrtdgo Road PW(#rth M•rnh Mll• dltor PLe 8LT C•1 W•thikn•W Bwk p 41 Hh Stroot rn•laF4• EX3118Z CAF Bank Llmmed KlrvJ8 Hlll Av•m ng& Hill W8rf Mdllng Konl ME19 4JQ Pagè 1
EncompaB• 8xthw••t TriMt••s' R•port Th• Inxt•#, are dlr¢th for ts purpoM ol Iw. TY••ont th• aMu•l r•port trJothèr wth th• financlat 8tatsrn•nts and w•port of th• ¢harltabl• ¢yrn for th8 •rKlqd 31 Mirth 2024. Est•bll6hed in 1996 as Bwn8taple Poverty Action l>oup {BPAG), tho org8nl8•ts)n reO81ored u a rjwlty In 2000, ond knLworated on 31 March 2012 lo become Encompa88 Southwelt. Th• organlBthI by a Board of Trte•l. ujminty nurnbedng •bx vdunl••r8 from 7 foUovlvJ tho of Coltho L•ovw tfio •ro Ill drovm from tho (¥Jmfflurth In whth th• gant8&tbn work8. Encompam SouttAveBt IB corrO•l•ly p1•nI and hB• nts relldtyA or polttlcol affllldoni. Th• TN•t••4 sr• mlndful of th• thll ••th of th• TnJllt•. Th• Tru•t•8• undwlRk• r•gulw lrnlnlnq. Nth¥ TnJ•toM oro 011•d by Iho bo•rd •nd •r• rncn&l•d ttrmugh ¥olunt•&tr¥. IntroJuthn$, •&9 or tarpung Ipodfio mthnt w•rlenoo. Ilr8 C Floh8r IB Chl•f Offl¢èr. In c(lUnlOn wlth the bo•rd. qh• r0gpNwIt0 t both thg thtsglc and owadonal dlroction ofth• org8rl•allon, fimnclal ECP$ Srthwt h•d 29 dlff•r•nt •)d our was •upport•d by around 11 volunt¢•rn. The knrd alm8 to mg914t 1fra ts¥o month• to condd•r rrfKJrt8 from lh• Chhf Ollkw. Th• r•¢4fv•J r•port8 end rnanog•rn•rf rovlew8 of op•rnYon•l pONd and woc•duw, and proF¥)•elJ lor biymm•nts In op•rntlonal •nd organl•alh)Ml prndc•• Erwmpe¥8 SoullmS CharltablB I'ObJeclfveB') am sp•¢mcally roBlrthd lo Ih followlrN'. Iho r•ll•f of p•rnon• D, CornwaN, Som•rnal Bnd Dornotwho Df hordBhlp. th8tra and need. Indudlr4J tho r•llef of ml&SO88, rwh $le•plng •nd > r•dLKe IMCl of 1Thorty and fln•ndg1 oxduthjn by WDvhYlng affectfv• cltent focu••d 1vIc•1". EIKry• S¢)uthYMt h80 no contracts Ih4t •ny TnJste• h, or h•d. •ry <lr•rt Intorn•t h, oNhBr durfr¥ or al lh• end of the finondql p•rlod. Erw8w provkleB • of houilrs, homelo88nosJ, rough 8ie¢p8r •NJ flmnolil seth that acrn89 North D8von. Torrfdgo, Wbst Dèvon and, thr(wJ9h parlnorshlp. D•¥on and W•Bt SomofBo1. Ir Sa[ ar• fundod ty a varl8ty of dhY•rnnt fvr#J8rg Including.. N•liml Lott•ry Communty Fund, Toffklp Dhlrtct Coun¢41, Don CommunS11•0 Ftyund•tlon. Dg¥on Dldct Coun¢ll and Noth CourKII. ErK{MpUB OP•T•t•s &wothd accommodouon l)rth and ToMdg•. 6UPPQrtlng ppIe from hoM81•90rN Irts hlwd•nc•. Encomp8$5 SOUthst trusl¢o8, Staff and vc4unt•8rn have 8UO¢W8fully ag•ln8t our thgritlblè obledve8 for 2023124. OUT IB Tsplt Into 5 k•y kh inth.. P#g• 2
Encompass Southwo•t
l. Hou•lng & lgh 81••p•r outrch
. Houslng Firnt li North Dèvon and Torfdge
b Tonldg• Routh Sloep8r Outrg8¢1) (Rough Sknp•r InWo1kn)
Jun(on proloct Ith Htxng1088n•>
* Rlpple Prolgcl (Youth Hujwng fir¥ll
• sIre8ts98 Torridgg (Youth HoMe1¥no•S 8UPFMxI)
v Knthv Yr N•lghbourtK¥od . N•lbnd LotrAry
2. Q•nd•r Infomi•d ••Thlc••
. Space8
. Pothfinder- TrAYffl• 8tsbll••lh)n
3. Flw 8•rvlc••
. Prlmary Car• N•t
. H1h Flty
. Nadonal Ldt•ry Hlgh Flow18y¥th Chgng• ALkn Allpn¢x
• S•condary Cur• F
. Communlty Flo
• Communlty M•nt81 H1th D•valwnont
• HOPE courne
• yIrth Mgntsl Heolth Dl8ch8rgg prolecl (Ytyjng Devon)
4. Support•d Accommod•tlon
• Mixed medlum rd 8UPW)rtad acumnK>d•l
• Hlgh Need¥ women ordy •Cmm0d1l
. Hlgh N••d& mal• rKcomrnodJUan
. EM00n0Y aceommodolton
• Mum Ind B•by •ccomThJd•tk+n (1un
J. MB£mx¥n•y & Corn 8•Thlc
. Bthh GOB En•ryy Thi•t {BGET)
• Trnn•Mon•
• The Cond•r Advk• Cqn
. Cummunlty & soc1 C¥• Voluntary R•pT••W
• Torrtdg• HS•hold Fund
t)urfnq 202&24 w h•v• ¢
Encompa8• 8outhw••t TN•tsH' R•port peoplo who am home18 or rDuBh •lJgping. W• hove rK>t IncrpgI th• nurnberof W 8POLW durln9 tr1¥ ygar, InBt8ad wa ho foaJ$8d on our dlvory Engurfng that off¢rfng a lh level of 8UPPOrt lo aid move on Into Ind8pendence for our vwipants wthic llt tlm•s has bgon th4lhnglng due to the knck of gffordablo horn in Nothm OBvcn. We hav• on lh• wpport lor 6 n6w mudul8r ui¥to vthich Bro 0fft aNI mw•ged ty Torrfdp Dhtrid Ctyjncl. l our ••rth 8rw ••Bn me l•¥d of obyr the •nd wa hw• beffi Oblb to •otsJra dlThJ to keep Ihbm ThFY opor•tlono1 the n•xiffMn¢l•l r. )Jr fuThllng dudng th18 ha8 c(Kn• from th• f0N¢Xng •raaB: • Grants such ao Natkjnal Lottwy. D•V Communlty Foundallon and Ple1 Foundakn. . Stalulory fundlng from Torrfdg• Dlitrfcl Coundl, North Dn Coundl, D•von cftty Counoll. gamh vla One Northwn O•von al On• D•wn. . Houn0 Bon•fil K•y 8¢hbovwTr•nt• dwlng y••r Inciud•'. . R8Lwnl8ed by tho ScrtrfhvM81 Porwn81 C•r• ATrI• w wth•r ol M•tt•rn' c4t•wy. * The moblllsatkin of 8 new hou8lrffJ unllB In CL418bornUon wlth Torrfdp Dl•lrf¢ Coundl. . Ngw Nht Shdtar aff8r to mugh 8leèp8rn bn NoNwnbgr 202> Marth 2024. • Devd(bprnant ol our Tr)rth Db¥un Inclu81on Frampwort( for dlsadv¥ntage8. yaar 4uppDrt•d 1420 d•nts and 1550 ¢aw, In •ddNlon w• ho •uppthd 628 PK•pI• ¢>n-off adv1¢• our drop kn ¥•rvk•• acroB8 dl of our prol•ct8. Our ad¥lc• •nd BUPPOrt Mrvlc•8 IncMJd•: rnon•y & dobl. 118 btrth, luel povety, 8cc48slno h)u8lng adLblkThi. Infomied ryle••, sputh oulr•o1. PtIoud, food par1•, dthlw, b•ddlrB •nd tsnts. Houn & Rough 81••p•r 8•rvlG•• Rough Sl•op•r numbws kn Torrldg• hm In¢rnBMd ov•r th• vthh t•arrM tyworflng an owrag• of 1&18 rryjgh Bt any ono Im•. Thg Incr•8 h dug io a nurnb•r d &Jrt•rnal lacta In¢ludlng alock of •fforthbb hn9 In the arna, rei•OonBhip bMkdown8 •rLd conn8cllon to th• For tho fbrst Ime this Jper we hgvg SUPPOrted pgry19 t•Ah no •cceM to pulAlc furhl8 ond a8Oum 8•ek¢rB who have bBan th• rfght to remaln In the UK. Fdknwlng B succe8sful 8ppll¢atlon to the Nbhl Shgltor fund havg ba•n &bk• to ohr ern accommodats)n to a hw pgffllt#9 otfoU ep•rB durfn9 th• ter perknd. h) coikqbmtth vAth Dkntrlct Counoll I1 R&4P fund V•P T4JPPOrted th• hthdu¢tlon of e row m¢du14r un118 kn hf¢(d whlch hav• 4u¢X•wIty pd¥ 4¢0)MmodadoTh to of th• mtsst rough and ¥6 In turn 8Bvad Ihe kKal authorlty nOty £300k kn Ihe 8 monlhts In B&BlomeryJorKy a¢comc4Jalh)n. Fk*u8irrfJ Flrnl has ay$SfUlty 8upport•d 9 8ntrench8d rtyjgh SIpB durfny tNo y•ar ensurfng that thty ramaln housad whh wgskW hIgn6 $upporL Ov•r hav of dbnt9 8ft hou$•d for 4 IBw• wnh our long1 hwslng flr8tcli8r)ts 111 In I8g aR•r 8 >pw8.
Enconym Southwo8t Tw$t••8' Roport G•ndv Ink•rm•df10wgh 8•r4lG•• In Aprtl 2023 w• mobllf88d our 8rav6 Spac08 pgMor8hlp, %knlch 1$ a collabor¥tton betrmn Encornp489 SouthwogL CaLab Women, N¢)rth Dovon Aga1 Dome8¢ Abts80, Mlnd In Somarnot ond Sutvivorn Aliance North Devon (SANDI. We h8v& beon ebl9 to oxten& our tsffgr lo womty) to Ind10 19 10 wociql581 coun6911iwJ for free, which has aeen 8 pOtIVe hnp8ct of re¢ovory. We houte our Brnve SwTh8 18unch ovent In Tlv•rton on 131h Jun• 2023 whlth llt BucrA arml wdl attandod, t fftnt gaw ov8rvl8w crf what stak•l)oldBrJ could exp8Ot frDm tha partnéTBhlp and 11 w#1 good to •e• now onIN bdnq forged lo wr off•r kn women vAth conwtsx noeds. Th• Brave Spacaj l•wn ha hotsted a v8rtety of •vonts and •eM)n8 o¥or tho 12 months Includod., tr•um• tnfortywd boxkngl8o-d?f0nS9 rAi thernpy d•B86• 4nd ttyelllng. W• ¢oMnw to provldo hlih n••d• awrlmrnodatlon to ry>m•n p•rt 01Jr Bra¥• Spae48 off•r. FLOW 8•r¥lM¥ Our Fknv PffJlt¢ts ¢ontlnu• to delfvw hloh qualty Aupport to peoph oc¢fj80knq •¢Lrto, prfnwry and 8econdury C4fe support through One Northem Dovon. Thls yeèr has seen Some ch8ngo9 to Oltr HwJh Intensty User proor8m wlth the introthjciion ol thè Rh18 Monteith modd focuBlna on tho top 250 u$arn of A&E lo provldo inten81v8 guppori ond connecllon for peopl• who don'l n(1 emtrgency rnedlpAI •upport bul who8• n•&d$ maybe Ilnked to thelr hou81np ne•¢ts. montal h941th. debt or lonolln•s•. DLrfng Q4 of Ihl8 year our l?8m hw worked c106dy vAlh Rhlan Mont•lth to Introduce th• model Into Nth•rn D•von and Ex•l•r. Our BUPPOrt•d aoethirnod•tlon e4nUrw to b• a idld part of our corv 8w4lc•s and our trqurna approach ha• m•ant Ihat w• hav• bwi •bl• lo p)pl• pr8vlou$ty hav• b•an r•tsrnd to by othgr ogen¢loB * un-INJusOb, trdB 18 80m•lhlng •r• vgry proud of. 0r 4cnMod1lk b•••d both o trourna lnfomgd mod•l and A P8ychdoally Snformod Ourtng 1h18 ar wo he Invested In a new 8eThlc8 Mager ond ho81th & $af8ty adffter for our •uppord 8(xommodatiorn In to th18 h8ve 8180 appolnted a admlnlstratry ¢0 8upport our ac¢ommodallon 8•wvIc. W11•MOn8Y h•¥ ¥upportsd e14 cll•nts rtna thh y•&r wlth • totsl of &35 1•8. Wo h8¥• conunued to J•¢ure fvndlng for our 2 cro wol8¢1s', TrnnvJUono and BGET and our partnernhlt4 lblth Novlg8t• CIC 0)nunu to rong. wI•£rmon to •Mbl• p•opl• and Comm1•4 to bg b•ttw •qulpp•d to know mor•. We d• • ¢1 ioThrfc8s •rKI pr4grts •boul money. Wè Pro8 mon•y and debt adv1 tallDr&l to In¢JuaJ to uupport peopl• wh do eh•cklng th&y have th• TTe0t Incomg and adv181ng on t opknn8 8r8 open to thom. Wo run Navluats lh• Money M8zo coutse8- Inlernctlvo fjiluc4Uonal wothhopB lo h•lp poopbo lrtr•A8• Iholr &WIIB, knowt¢dgo ond confid8nco lo managa mon6y. We wcrt wmh tho Tonhjpe Rough S1•8pgrB prDJgd #nd admlnl8t¢r tho Mld D•von 018trkl Coundl Houwhokl Support Fund. Many PP0 b8¥b nBedB not bglng mat In todalB worfd. Our wo •s c4llecilvdy over £3.4 MILLICN li 801701 value thftygh 8cCwb19. wg)n cenlred money and debt advic* •xl educ&Uon torvw.
Encompam 8outhw• TN8tooB' R•port TspIc411y, mry £1 Inv•8tyd kn NvW VAII rnlult kn dlr•¢lth8ndal benellts for ow¢lwts ot. . £1,43 of debt vthltsn cff . £3.00 old•bt Id•nlM•d and manag • £1.&2 of annu•l 08in8 and Inrn9 8oGurwJ For £1.00 in¥•8t•d In Wls£rn)oney Ihe 8od•l r•ttrn on In¥eslm?nt18 £4.82 (hfmttDn Joureèd Wg hthv• ntInU•d to woth hord oT th18 yoor to 4ul• Imt aur Inme eontlnu88 lo grrm. Th1• Includ•s ••ttlng tsrg•l• lor grant lund•d prr4uth k1•ntn9 n•w •u8talnobl• funthng 8trvam8, •wh u our n&ht aholter ac¢ommod8Oon 4ryJ bulmng Up( our •xknUng portnersNp•. Flnand•lly we In • itrong•r plw than w• h•¥• b•an In prwlw8 ye&r8, vAth a r•¢ord {Urrttr of £1,630.109. Howw•r INY thog not moArt that can afford lo t4k• our oy• off th• ball. Whllil many octs ar• nfyw fvnd•d forth• n•xl 12 monthB oro I•8ng fundk%i 2V28. W• to wth h•rd io Ixjlld our r•Mrw• •rrfl th to •n•ur• thul we hm o mlnlfflum 016 month• rgwr¥•s In thg firturg. At tha end of th18 >wr ha £180,703 In reBBrvrfienor•l fimdB vthk wlll b• h•ld tn occordanc• po4¢y •B by thB Bo&rd afTrust888. 3t•t•m•nt of tru•t•••' r•Apon•lbllftl Inffjteoi (who •ro al80 lh• dkoctora of Encomp•8t SoultvY•t for the pu0 of COmnY IAW) wpon¥lbl• for prnp•rfng thg Inth••8' report qnd lh• thandal 4tat•mwts In ac¢Ord0 vthh •pplk8bb law #nd Unl1 Klwlom Accwnilng St•nd•rd• (Unltad Klngdom G¢n?ty Act8pted Ace¢wJn Pr•rAtsI, Indudkng FRS 102 'Th FlTr•n(4al RepLYllng Standord •pplIc0¥ kn th• UK •nd R•wrt>llo of Ir•l•nd" Th• r•port and ac¢xwnts hav• b•on pr•parod In accofd•nc• wlth provlglonl In thg Compenl• Act 2008 r•1&9 to 8m811 ryJMPAnl80. Company law requlrn• th• knw8teBB to pr•paro financlal 8tatem?nt8 for flnkIl yew. Und e4mpwhy low iho tru¥tOgB fflust not approv• the flnanc4al tat•m&nt• unle89 they are that th•y tru• and falr eW of thè 8tste of offah ol the chad19b rnpany of th• In¢)Jml r•80urrA8 appllcatlon of re80urcoB, knclAllng Il¥ Incomg and of tho th•ritubi• COMnY tr that perf(xl. In Ffep4rlno Iheoe finanthl 8tatements. tru8tee8 •re reqUd to: select •uM4bkry aLrowrtlng FdkJB8 oThJ opp1y them I>)n¥t8, vbgerve the m¢thcth and in th8 Ch•dleg SORP,. mgkgludg•mwts 8Th1 e•Umat•4 that IT• rn180nabl• and wlont: •tats wWh8r wplkBbl• ¢¥jUrln9 •andaTdJ, >JmM81ng FRS 102 have foknnd, 8ubM to any rnatsd81 dopartUrn8 d8cbJB•d qnd aXF4lngd kn thg Ilnoncknl Jtal•mgrrtJ; arxl proparo th8 flnandal StateMts on th• gc4w c#)nc4m bas18 u•S6 It 15 inapproprfot• ts) prnsumo Ih8t th& charftsble CuMnY Wil wnllnue In bun. Th• trusts88 are rewnjible for kn0p1j proper rocordB th81 Can dl8ckx• wlh Ma80nablo aCClMaGy al any timo thg knndal rthrfion of th• chanlobl• lpanY and •nabkn thom to •Murn that tho finandal Statements comply wrfh the Comp8ni88 Act 21K16. Thoy 8rt 9180 respon8lble br 8gf¢guardlTrJ the BSBots of thg (grftabiè compony avbj he9 for taknn9 reagon8bYe 8teps for the v•ntion and dotoction of fraud otlw irreguLerlU•8. Page 8
TN•t•o8' R•port Thè tru$t•w aro ro8pon8bl• lor th• rnqlntenaru intsgrlty tsf tha ¢{0r9t0 and 14n•n¢ Infomiation Indud8d on th8 chDTitabkn ¢ompnls w8b8h. L•glslatlM Ihg prnpgrnlon and dB8ethDUon olflnandal 8taknonts may dlff•rfrom 18gslatlon In othwluMe(Ictto of Inforniatlon t• audltor Each truBt80 has taken stOPB that Ih•y wght to h&vo laken a5 a Iwkn• kn order kn mako th1rnO MTO of any r•hvAnt #uthl Inform•lon and to BBi4bllEh Ihal thv charf¥B audknr 16 awarn of thai Infomialon. Tho tNOteOB wnftsm thal thorn Is no krforniBtion th•1 thèy kmw of ond ofvknbch krthi audttcff Th1• rwrt b••n w•pAr•d ln I£ne4 wlth th• •rnill oomponl•o r•glm• undor lh• Corry•nkni Th• •nnu•l r•pDrt •pwDv•d by ts tru••• of Ilw charty on ASJJTrlabb ld •1gn•d on It• b•haW W. Pago 7
Eneompass 8outhwe8t Indep•nd•nt Audltorf• Rwort to th• M•mb•r• of En¢ompu• 8outhw••t Oplnlon Wo have au¢Yltod lh• fA)8nclal 818t•mants of Encirfnpa88 S¢MrtMwI (IM 'tharW) forth• >r •nd•d 31 Mah 2024. whkh compn88 the Stat8m•nt of FlnBndHI AL41vltl8•, Shrt stst•mont of C•8h FiowB. and Noto8 to tho Flnan¢lal Slthm•nts. Includlng 8 Bummary of 81gnlftc4nl •¢Unn9 pdlti•s. Thè finoncLAI repothg hmework th ha8 gwled In th pr¢p8rn11on h Unllgd lQr@dom th0Unng Standard•, cDmprfslFyd ChorfU•• SORP - FR8 102 Th¢ Flnandal R•porilnll 81wKlJrd wle•bI kn lh• UK and Republic of Irdand, 8nd 8pplc•ble IBW (Unhd KId0M G•norB •pt•d Aceountlng Pracucel. In ropInknn th• fina1 •taknments: 91 è tru• and falr vi•w rflh• sl•t• of tM ¢lwW8 a• al 31 Mwch of tt• Inoynlng r080urea• •nd pletIoft of r•iourc48. kdudlng Itj and expen(Ilure. for IhD yvr th•n ond•d: beBn prop•rfy Pared In ardar vAth Lknd Klng(bm O•wdly Act•O•d Acuunflng Prn¢lk•; and both pr•w•d kn acclyd0n whh oftho CoMn¥t2008. B••l• for oplfilp We Trducd our ac¢¢)ry1gnco wilh Internolknnthl Slandardg on Audlllrwj (UIQ IISAO IUKII 4nd applicabh law. T roopN1Iee undw Ihoo• 8tsndwd8 furthw d•8cthbod kn tho audltor f•lP¢X181blllUeB for tho aud6t of th• Iln•nc&4181al•menl8 B•Ctlon ol our r•port. Wo afe IndepoTrJont of the ¢haity In aeUrdan tho •thlral mqulr•morrto Ihal w• r•levAnl to our aud of lh• ffn•nclal •l•t•rn•nts In th UK, Includlng th• FRC'• Ethlc•l St•nd•rd. ond th• provl&bn8 avalloblo for wnall •nUU••. kn tho dr¢urfnea• ••t out In to the finendal Bt•tèmènts, And w• h•v• lullll•d ryjr ohr •lhlral r•w)n8lbllMl•s In a¢cordanc• Ih•w Mqulr•m•nts. We bellm thel tr• audll havg oblned18 8uffld•nt and •ppr(¥Jrtal• to wovkl• a b1$ lor ourtylrkn. Con¢lu•lon• r•l•llng to goig con¢•m In •udlVng flnandal st•t•Tr, w• conclud•d that tnwts•8 ofts gJrvJ conrn bagtS Lacwunllng In th• pr•pgrnlknn ol tho finarKW atement$ l• appn)prf•ts. 80sgd on th• wo hBvo p•rfornad, wg havo not klerthd any m•twlal un¢xrt4inllo• reL•llng to or [¥3ndOn8 th•L hKhWually or cdlecU¥eSy, moy ca8t 8lg¢thnl doubi ¢hgrW$ ablllty lo nU0 A goltvj c4in¢xrn for a FkId ofot10•st rnonih¥ from wlL•n 0fv4lno1 finllndgl OUT Mspon•ibilitles and ihe r0epwbll¢6 ol the trvJl¢g8 rn8FOt tr) gdng eanc4m wo d•Bcrlb8d In the relBYanl 8•cilon8 of thh r•port. lJth•r Infoimltlon Thp Irust••s aro r88wJnolbl• for th• olhar 1rbforrnal. Th• oth•r lrformljon ¢xnwts•• th• Infomialon Indud•d kn th• onnual report. other thAn th• fln0181 sfalements ond our BudRorf8 rnport thw•on. Our oplnlon on tho fln¢101 $tatsrn•nt8 (kn•s not cDv•r tha other hrfonnatton t, 0•pl to th• •xi•nl Oth199 oxpHdlty ststad In our w• th> rnt oxprn88 any form ol •wJrBng• evUl1)n th•roW. PagB 8
Encompa88 8outhwMI Indop•nd•nt Audltovs Roport to th• Mombors of Encompa88 Southwoot In eonneclon ow audtt of tha fin8ncli Sthmls. our rn$pon81blllty h to road thg othBr Inlom#tTorb in dtXVJ 80. conatderwhelher th& oth•r Irtlormallonls mat•rf inm18tl wtth th• flnand•l slatsMlS or our knowladg• otaahgd In Audlt or appoars to bg MatyrllY mi$5t#t. If we idenbty mJt8rW IncL618ta$ or ?Fyargnt makn81 miBStat•m8nts, Wg 0 roqutred to d&tsmiing wholhor there Is o makni•l MI181Pment In the fin8no81 statemonts or rnamal mL881atemenl of Ihg other tnfamalkjn. If. ba60d on the work wg hav8 perfaTm8d. we cO4d thgt Ihern18 0 mgkn181 m166tatament of thlg Otr infonTon. w8 are reqvlr60 to rgportth¥l hoL Wo h# nothlno to r•F•yl In thlw r•g•rd. ljplnlon on olh•r malt•r pr••cthd by th• Compan1•• Act 21 In ryjf Onlon. be8•d orn th• und•rtak•n In thg u)urn• olth• awjft: lh• lnfomia1k In th8 TTust••$' R8KYXt fof tho finand r for flnandll •l•t•ments aro wep4r•d Is cw818tonl wlth th• Iln•neW 8l•tsments,' th• Tru•t••g' Report bn prepBr•d In •ccerdance wlh ap1¢48 r•qutrrfn•nts. Matt•r• on whloh w• ar• r•qulrnd to rnport by •x¢•pdon In th• Ilghl of our kn¢)wlod9• and und8rnlAndkng ol the chwlty a1 its •nvonmont obtsIrd kn lh• courno oftho oudit, havo rKrt IdenUfl•d mqtertol ml88lAternent• In TruBle•8' R•port. We have Tr)Ihlrq to report In respeci ot lh• lolbkng mntt•r• whaT¥ thg C4xnponle8 AGI 2008 TrqulrnB us to r9[ to , In ¢)ur oplnlon.. •d•ou8ts acix)unUng r•¢tsrds have not buen Wt, r •d•quat• fr)r ow huv• b•en c•lv•d from brartheb not vl•lled by us: or flnJn¢lal ststomonts are not kn •gr••MeI lth tho •co)unUng r•crd• and r•lumB' or rt•ln dl•dc4urn• oftru•thM r•murA)n •pJ¢W by l•w w• not mado., or w• hav• not r•c¥1 all th• Infonrth and •xrlan•lliJn• w• r•qulr• forouraudt. R••pon•lbllltl•• of tru•l• A• expl8lned morg filY In 1118 8tal•Tr•nt ol trusleej, pBIbIlI (#•1 on p•gb 6 4rKI 7), th• INstee8 are ie¥ponsiblo for th• preparnlon cl the Ilnancld statorn and for belng SA$Tod t they 91 ¥ aThl fatr vknw, and fDr Buch Intomal (untrol aB trual•88 d8tgrmlne18 n•ce¥sgry to angble th• proparntfjon ot flnand81 Btateffl6nts that are free from materlal mL8dtstement. th•ther duo In prepartng thé flnondal 81alonnts. Ihg tru8te88 n r6wirralbh for #•8•ulng Iho thartty8 ablllty to oonUnu& as a golng concBm, dl8cloBSng, a8 applicabl•. m•ttorB lat¥d to goSng ¢4x¢¥m and u8lno th• hg concern b••0 of acccunllng tha ellhor InId liquid8ts thp ch•rtty or to L¥88a opwAdonJ, or havg no r8ollBIIG •ltornalfv• ttts do 80. dllor r••pon•lblllU•¥ forlh• •udlt •lth• fln•nel•l •t•lw•nt• Our oW¢tlvas arn lo obtaln T8¢)10 8$6uron( sbout whèther Ihts ftn•n¢lal stslwnwbts a8 8 ¥th0 fr•• frorn rnalertd rni8sl#tsm•n( whether du• to fraud Of •rror. and lo 188UO 8n audltorf$ repc¥t Ihat Includ06 our oplnlcffl. R•88onabJe altranc Is a hlth lev•1 of assu18nts. bLrt Is not 8 gu&ranle& that an audil rAJnducted in accoTd8n( wlth Ish3 {UK) wlll alwBy8 dolwl a malgrf&l ml88talemgnt Wh tt oxtsts. mStatneAts con grtBo from fmud or 8m>T and aro o)n81dgMd mgt•rl•l N. Indlvldu81 or Irb thg ggmgal8. coutd rnascfwbly b• 8XP•Cted to tnfiu•nce the oconomlc ol UBof8 tskgA w th8 bad¥ of those Ilnan¢lo18taternent8. Page 9
Eneompam Southw••t In¢•ndonl Audltorfs Report to th• M•Mb•r• (A Encompam 8outhwo krvauknrltlgs. Includlw fraud. orp In•lanr• of norF¢oMPll•r vAth laY+8 wd r•gul•Uon&. W• d•gn ocodurej In lino ro•ponlbllWw, (wt1in¢d abo. to d•¢1 materfal mkntatem8rkn in MspBct ot Irr•gulariW. IncludlThJ fr8ud. The exiont to wlrfch ow PTocqdurgu are WAblo of d•tsdng trr•gulariti68. includiro frwj i& detailod beknw. Wè Id8ntffied areas of laws and reguhlon8 tt)8t could rM8on•bly be •xpecled to heve a materlBI Ilect on the Inonclal 81alefflants from our general commerclal and 8ector e¥p8rlent And through dls¢u88ion wlth th• truste08 Rnd ottr fflaTwem8nt. Wo (YJrnMunl1fjd idenllfiod law8 reoulauonv Ihrou#)OLrt tyjr te8m, 81 ram91ned •18rt to any Sndlc4tlon6 of non<ompllanco thrau9hout the oud6t Tho charlty h wbJ¢¢t to lfjws and rngvlalcrn that gOrn the Fxwrnlon of th• flnanthl 8tstgm•nt8. Indudlro finandal reportlng l09181•kn. arKI oth•r th•rfty lÈokslalh)n. Th• chorfty Ib 1180 Jubiect lo other L4v47 and w9ulgtbn• where the conq•quoncoB of nOn-Q)M10nC0 could ho¥¢ 8 mat•rfal Impact on th• amounts or dI10ule¥ wknln th• fflnanclal g18tsrnerbts, Indudlng ernpbynenL alYBry. •n1kM•Y laund•rfng •ThJ cert•ln a•pocts ol ch•rfty Ileon. to the Inhorent Ilmltotlcfo of an 8udK Ih•rg 1$ 8n un0babl6 rf6k that w• m•y h dthGted 8om• mat•rf81 mb8talenI• In tho flnancLql &tatemonts. oven trugh wg havg kyoporfy planned and perlonrtd our audlt In vAth audlllng 8tandardB. In any •J(Nt, th&ro remalns 4 htghgr dk of non4et•dlon of 1rrngth8, as lh• In¥dw ¢ollu8th, lorgery. Inl•nlonal L12310Th5, mlsrepresontattDn¥, or the ovwrfd• ol Intomal controb. W• #r• not f08kh)nglbkn ft)r w8ventlng noTr<¢thp118nc• And ¢>nnDI be expected lo d•t8ct non-g)mpllanc4 wlth all and rnguS•llon8. port of an audlt In •c4ord#nco vAlh ISA8 IUK), exernl•è wof•••lono1 ludg•m•nt mlThl•ln prOf8)nO1 8coWd•m throughoul th• 4udll. W• a.. Idonlfy and as5 th¥ rf8ko of materfal ml88tatsmtnt of th• Ilnandd $14t•mnt8, whoth4T duo lo ud or •rror, doll and p•rforn jud procadwo8 rn8pcthfv• to thoso fjnd obtaln audlt •vldoncg thAI 1$ $urnd¢nt ond approprfatè to provkJ• • 111 for our oplnton. Tho rfbk of not dotpAng a meterf81 mh¥tatsm•nt Msulllw fr¢m fraud t4qtr than for one r•wltln9 fftjm arror, a8 trd m4y in¥rJw lslon. forg•ry, Int•nUono1 oml88lon•, ffllw•prnt81laTra, or Iho cy4•ffld• of InrnI1 control. Obtaln an und8rstandlro of kntemal (xjntrd MI?nI to 4udA In ord•r to d19n audll pro¢odum that aro approprlate In th8 rAlm918n¢rf. bth nol tho Purpo of 9xpr•Ing gn oplnton on th8 eff8ctbv¢ne88 ofth• th4rfty'• intemol ntrol. Evaluate the appToprfatenem of Aco)untino polkloi uwl #nd th rno80fhilJ•n888 of accnn4 ootknatov and rolal8d dl8doryur68 made ty tho Int. Conclude on the appmprtalene88 of Ihe tru8tees u88 of the golng c¢ne4m ba815 ofaccounllng and, bad on tha aud donC• obtalnod, whether • mat•rfal une8rt8lnty •xists rdatsd to •v•nts or c¥)ndltlonB thel m8y c88t Swim1 doubt on th• tharfty'B abilty to conllnuB 48 a gcdrq conc•rn. 11 w• (vnduda Ih•l • m•twknl unc•rtalnty oxlsts, w• •r• r•qwrnd to drow attOn in our audltoV8 report lo lh9 rdgtgd dl8c108UrnS tn thè ffnAndo18i•tomont• or. N ouch dlKk>5uro8 afo kn•d•qu8to, to modlfy our Our Conc5 •r• b•8•d th• wkjence obl81rd up to tho datè our Audltoff8 fepDrt. Htyr. ftrturn •vent8 or c1xo may ¢awo tho chadty tE to ¢onllnue 8$ a gdng concem. Evalt? 0?11 prnOn, Btruclur• ¥1 rf th• fimndal st•tem8nii IneJLxlng th• dlsdosur•s, orKI whether the Ilnanctal slAtoments repre8ent tho Underfng tran8Bcllon8 and gvgnts in • m3nnpr that uthipvgs falr pro¥taIl(Jn. Wo Communite wllh thargod vlth s0vemor reg8rdi)g. among other m•ttern. the pLrynned scope aTrJ Irnlng of the audlt and dgnrfSc•nt au(Mt IlndlThJs. Includlrvj any 8lgnMcrt daffickncl In Intsmal contrvl Ihat ithnlify thritwA our audll. Pagé 10
Encompa•• 8oulhw•st Ind•p•nd•nt Audltorf• R•prJrt to th• M•mb•r• of Encompa•• South UM of our MPOrt report 19 mede ed•ly to th• tharlt•b]• 1mpanY• IruBtaBs, u • body. In a¢eth8nc• Chaptar 3 of Part 18 of th• Companies Act 2006. Our wjdtt work ha8 baon und•rtaken $0 thot w mlghl 6tata to tha Inrnts08 11Th• maitarn wo aro rwulrod to thio to thBm In •n dItOrI r•port for no other puoose. To the fulleBt exlent pefmitted by18w. we do nut a9Pt or assumo rQBpDnb)llty to anyDno other than the ¢haAtabb comp8ny its truste•8 85 a body, for our audlt wo. for thi8 reprt u for opknions fOrffd. Jom Cromy ACA (Sen 8tsWI A1() For on bBhaff olWa&colts (SW) LLP, Ch•rt•r•d Acc4NJnt•nts •nd Slalutory Al[dOr• PIyTn Hou6e 3 Longbrtdg• Road PPYnouth IA8r•h M1118 PL8 eLT Pape 11
Encompa89 southSt 81atsm•nt of Flnancl•l Aclmdts for th• Y••r End•d 31 March 2024 (Includlng Incom• and Expwdlturn Account arKI 81at•m•nt of Total R•cognl••d Galn• and Lowes) Unr••trlctsd lund• Total lundi 2Va4 Not• DonothTh and legac• Chl1obkn 9¢tlI108 FwvJrnk•lng Ircomo IrN88kn•nl InrANng 150A77 471,133 982,273 41,375 1.112.760 511508 1,045,124 4J9,109 350 4.851 Totsl Inuom 826 481 848 1,630 10B ExpMdl¢ur• on: R•l4NJ funth Charf14bkk gclfvlll 1241 599,420 12,330) 1.079.780 {2,364) (7381 1.378,446 1.378,184 599,444 1,082,110 1681554 Nel kwcfflal(expon¢kn) Trnn8fern belwoen fv 27,017 27,566 fl8,4821
7.S66 161.445) 107,025 Mot ffl0vernI In lund8 {106,028) 151A46) 107,0 R•conclll•ilon olfuhd• Total fimd8 brought frJrw•rd Tol•l caM•d forw•rd 20 321,e77 428,702 127 249,878 79 371.267 l ollh• choty• octMUa8 d•rlv• ftom Con11 th• 11>0 pt)dI. Th• fvnd• breakd for2023 h lhown In not• 20. The notss on pageB 15to 28 forni 8n Intswal pwt ofthese slatem?nt•. Page 12
Encompass Southw•st (R•gl$trallon numb•r: 07149873) Balanc• 8hMt a• at 31 Mar¢h 2024 Flx•d •M•t• T¥no1& 15 21.662 28,870 Curr•8•wts 16 17 114.621 303.116 417.637 29,431 395,016 424,447 Cash at tsk 4nd In h•nd Amount• thlllffj du• wlthln on• y••r N•t ¢uff•nt u••t• 365,805 399,832 377 67 428,702 N•t a•••ts Fund•alth• clwlty: IithM¢t•d In¢offl• lund Ro•lrl(aed fund• 127.379 233,407 Unw••trfoi•d Incom• ld• Unr•8lrkntsd fund• 249,878 37T307 195.298 Total fund• 428,702 finin¢Lql •lalMents hm boan pmpwed wtth Iho 8p•¢l•l prOnI r•Wlw to wt4•¢t to lh• •m•ll cOmnI•S rnglm• *llhln P¥1 15 Oft COMrI•l Acl&N)O. Th• finanL48181al•mont8 on pall 12 to 2a w•r• apwov•d ty th• tru•t•M, authothd lor l••u• on %SI.i+ •nd •vJn•d on thdf b•h•N ty. Ire Thj Evg The notsB pag08 15 to 28 forn an Intsgrnl pgrt oflhe8è 8IAtemts. Page 13
Encompasg 8outhw•8t 81at•m•nt of Ca6h Flow• for th• Y•ar end•d 31 M•r¢h 2024 N•t caBh1oxp•ndlbjr•YlnMfr lu8lm•nts to¢Mh Ivom non•¢Mh It•m• DyBGlatfjon (51h46) 107.026 7,218 149.078) 115,OfJ W¢xkln9 PItal •ffju•lmnt• Iwea8• In dobto trKreu•lld•crMwl In 18 18 {86.0901 37.417 16.021) 2.393 196.751) 1C48.809 C•¥h flow• from Inv••tlng •thNI•• Inlor••t reco1• arKI •lffl11or Inrn 4,851 1,020 108,23S 288,781 395,016 Not Ideuea••ncrna1Q In cogh And $h C•8h a1 ca8h equl¥•lwts 411 Aprll C8th s1 •qulvdqnts at 31 Mah (91,9001 395,016 303,116 All ollh• lkn¥• Arn d•rfv•d fmm wntlnulng tyoratloM durfng th• •bov• two prtod•. The notes on paao8 15 to 28 fomi an IntW81 p8rt crflhese P•J• 14
Encompam southwt Notss kn tho FlnanGlal 8tat•m•nts for th• Y•ar End•d 31 March 2024 1 CrIty •tAtu Thfr ¢hJrtty Is limttsd by guarantso. IncorFw81gd In Enoland and Walos, •nd 0)n8•qU¢ does not hBvg ehkro EaGh of th? tru•t••818 Ilable to o)nlributo an amount nDI excaaedThJ £10 tmrds the assets oft thgrtty In the event of liquld8lk. The adthe•# ofits reglstsred offlL¥ h: Lknit C2 FL8hknlgh Court, Fi8hWgh Rd RJJNl8wo118usln888 Pk Bamal•pt• D•von EX313UD 2 knounung polkl •unwn•ry ol •lqnllJo•nt aaoountkng Wlolm arrd kny 4M•untlnq wtlm•t The prfiiil a¢cong pdl¢l&s 4ipllod In the prepurntlon of th fiTrAndal statem8nts are sot out bd¢M. TheBo pc45¢bs h8vo bgen conBi$tonlly 8PF41ed lo om pro8onto¢J, unf68s otharwl 8t•l•m•rt of MPln Th• fjnarKknI 8tat•m•nts hDv• bw prnpaT•d In •c¢ordAn I¢h ACCn and R•portlnll by ChariU88.' St8tomonl ol R•commond•d Practlc8 (applhxblè lo charf1108 prepadng th•lf a¢counts In 8rdanc• vllh the Fln8nc181 RepordnG Stsndowd 8ppllcat4• In the UK and R•publlc of Irdand IFRS 10211 {1U¥d In O¢tobw 20191- (ChAdU9$ SORP IFRS 10211, the Flnonejal Rwrtlng Stsndard app11ble In tha UK and Republlc of I18nd IFRS 1021 •nd the Comp•nle• Art 20(KI. B••l• of pY•p•rnllon EncompyvB Southw1 moets thfr d•finNon of 4 Pk benefft en16ty uthr FRS 102. A8salB and IL4bllitkn are Inttl•lly r•¢ognlwl at hlstodc•l cost or IM8a¢llon value unle88 •tsted kn Ihg r¢lev8nt 8cc¢untlng polty not08. 8LxouTrts prep•Md in gbrflng, th¢ lun¢knJl cAJrr¢ncy of the dwrfty. Th• GOnd•r th•t Ih•r• 4r• no m•t•dal unc•rto1th8 •boul tro rh•rty8 dbllty to o)nlknug otslw ¢¢>ne•m nor any •rna• ol unwtahty th#t 4ff•ol th• earrfvg ¥1 ofas8•t• h•ld ty ¢harfty. Judym•nts •nd •y of ••tlm•tlon uno•rtlhty Tho prerxr•llon of the lknanclal Bt8tements rnqutros man•goment to m¥ko ludgornents, e8lJmata8 #r as5umptkn$ that Effect the amounts reFK>rted. Tr80 lmateS and ludgement8 arg n11n81 and ba8•d on and othgr f•ctor8, I1n9 exp1#1) of lubjro 8v•nts Ihal 4rn 1)ell•wd to r••gonable th¢ dr¢umstCeS. P890 16
Enc(Mnpa•• 8outhw•st Nots• to th• FlnancJ•l Stat•m•nt• for th• Y•ar End•d 31 March 2024 ¢om• •nd •ndovmw All In¢orM Is f8LMin188d orTh thè ¢harlty has •nkn•nt to Iho Inctffi•, It Is wobat48 th•tth• InrnI 11 ba roc•N8d and the of th• in¢y)rne recefvaL4o bo mogsured rBllably. Don•eloM •ndl•g•¢1•• gtton8 are Te•B•d lthgn tho charmy has been nolld bn tIng of both the 1rntnt and 8•themont dal•. In th• •vant that a donatknn subJ•ct to wndltkrfm that rgwlro a Iwel of p4rfotynan¢g by the ¢horfty beforo ihè cknarlty k •nUdod to ihg fuTrJs, th8 Incom• 18 dof•rr•J and not recognlB•d until •lihw t80 ¢ondlUons arg fully met, or tho frjlfllmant of thDgè ¢on(Itknn6 h whclly wknln th• conlrd cl th• thortty and tt18 prob•blo that cond+lon¥ wlll luhlllad In lh• r•porUng 1¢ .Ind. 17nel è¢li¥ frJriVIt+.IlyiS Iir4ktK! r,J rA¥klend• orn rectyJnhod onoe th• 19nd hu b• +JoGlv•d ar¥J not5llc•U b•kn roceN•d of th• (Mvld•r#J due. Exp•ndttuT• All èxpendlluro 1$ recognlsed onc• thor• • 18901 or conBtrudve oNlgaUon lo that •wdlbJrg, It18 probabl• aattkirnent la Yequlred and th• omount be rnoa•urod Tellably. Al Costs oro althat•d to th• gpplkable •yp•ndfdJr• Iwodlng that Hggrw dmllar casts lo that utsgory. Wh•ro co816 ¢annol b• dlr•¢tly attNbut•d lo pwdJJlar h•adlng8 bwn Alb¢atod on a b9818 wn•lBtsnt the of ro8ources, vAth cen] stsff c>)8t8 alloc#tsd on lh• bgsbw of Im• 8pont. and depredIan chaw albrnt8d on tho portlon of the 8•1ot'B u. Other 6UPPOrt LvJg1¥ arn olbcthd ba88d on th• lygad of¥tAff GOBts. The80 arn LyJsth incurr8d In atiracbng volunl•ry Incom•. tho rnarw•m•rrt of Inve8lrnTht• arKI Ihoo in(¥Jrred In tradlng ACfv•Y that funds. ctrltAbl• pand16 comprfoej Bts IrvJff•d ty th• chllrfty In thg ddl¥•ry of IB QLfvttbs d 88rVI for th b•n8fithi88. It Indud•¥ tv)th o)81• that can b• Nlhx4tl dlr•ctty to luth adlvlll•8 d costs of On Indltscl naluro noras89ry to 8UPPOrt them, Prolon8 for grants arn mada 8n tho Int•nlm lo mgko a grant has b communicat•d to rxlplenl but ther• Is UnrtAty abcth ?lth•r the tknkng ofthe gr¥nt or ofsi8nl payabb. Pagg 16
Not•s to tho Flnanclal 8t&t•m•nt• for th• Yw End•d 31 M•r¢h 2024 Supwl &)8ts Include central fun(1k8 Iw all¢)cbknd to cost on q bots10 Mislenl with th• uJ• of Mknur¢•B. for exanwg. allorAllng prow•rty costs by Iloor 4r•A•, or p•r c•pita. gtaff by tho1kn• 41 and othw ca4t• bythgtr T•nObh flxed •M•l• TInglO 8Bll8ts are Inlwly recorded at aThl I)Un 8latsd at cojl Iw any a¢yyJmuJut•d d•pr•ci•n Imp8lmMnt Iou•8. D•pr•datlon nd MioJ11••tlon Deproclatkn 1$ pro¥ld•d on langlbk• 48 to vrtl• off tho c1 or Iw• any 8tsdmal•d rwlJuo1 valufr. tw•rth•lr •cwornlc IN• a• follow•: D•pf•¢l&tlon mothod rlts 25% R•dudno balar A•••t Motor V•hld•B C••h •nd •h •4ulv•l•nl• C•8h ind rABh ewn c4rnprf cmh on hond rd Lll doposlts. and other 8hort.tomi Njh Ilquld IntMont4 th•1 r•&Y1 conv8rtl1O to a •rnount of c••h and IJeCt to an kn81gnlllcI rf•k of cange In vatue. Fund •tructur• Unrn•trl¢tsd Incom• fund• •rn 9•Al fuTrJi Ih•t w• v•knbl• lor ui• •t tho lju# dhcrnlon In rth•TaTrx oflho obJ•CU oflh• tharlty. R••trl(l•d Irts3rna fundB oro Iho80 donat•d for u8• h) a pard¢ul•r or tr gpoeth purrAIMB, tho uee ol%thlch l• rorfrXod lo Ih•t or purpoi•. P•n•lon• •nd oth•r po•t Thtlr•m•nt obllgitlom The tharlty opgratOB & doflngd ry)nlrfbutlon Pr s¢•m? li a p•nI1 pn uThler flxed nbIbUln8 aro pald Into o pBn3lon lund and th• Oh# has legal or con8truEU¥q obllgauon to pay furiher nIAbOn$ ev W Iho lund does not hdd 8uffld•nt 018•ts lo pay s1180?88 the b•nofil8 r•laUng to ernployoB In Ihè currnnt and prtor p8rlods. Contrlbullons to ddlnod <xJntrlbulth pl8n¥ w• r•cc¥nl&od In st•Ml of Flrbondal A¢livlt n thty 8re th•. 11 tt+ntrfbulon poyrnents •xr•d th• {but{0ft du• lor 8eryk4. IM •xc•8B 18 prnp•yYMnt. Flnincthl Initrum•nl• Cl•ulfto•tlvn Fknanck41 aM•t• and Iln•n&•l 1114ll1 arn r•wij %%thon th• chty becom•• A Pty to lh• ntraLud provlilon$ of thg Ingtrum•nt. Fknandal Ilablltkn and owmy InJtrum?nts aye day aGconllng to the 8ub8t8nc• olth• rJ)nlrntsty•l orrangement8 entered In. An IrtrUM Is any contraL that ovha¢nc48 a rnswjual Intar•st In th• mets ol thg tharity gft•r ththJolng all of ilg li•bllSU8S. P•g• 17
Encompass 8outhw••t Notss lo th• Fln•nclal Stal•mgnts for th• Year Ended 31 M•rch 2024 I lknandal a890ts and lIalMI•l ar• Inllwty m•ABur•d at tran•&Gtkn fv Ordudlw tran1•( COStg1. exc•pt for tkne finandal ckn8•lfl•d •t falr valu• through profft or bB¥. whlch 8rg m•o•ured #t folr value (whkh 1$ nonnally th• trèniaclon prf •xcludlng tr8n8odon covt•), le88 tho orrnngernenl constitutsB a financlng tranBacUon. N an 8Th8rwèmnt ¢XX)Btitut•8 a llnandng trladon, the ffrwdal ¥t or financwl hblllty la me48urnd al thè prn•onl wlu• of thg futuro p•yThent• at a marketrnte of Intern8t for o 8lmllor kn8trum•nL Fknanclol A88•ts Ilabllll•J arn only off80t kn tho l•ment of firyjndfjl w>in wh•n, and whon there a•t8 8 Iwlly •nIOr9bI• rfght to 8et off tho r•cOnI&I •mOUr •nd th• Int•nd• •lthw to on o not ba•Lq, ortrs reall tho ••MI and e•ttkn th•1lablNty 8knuh•ne¢yJily. FknBn¢lol a8••lA •r• d•r•c4gnl••d vth•rn Ind orty •) th• ¢fjnlr•otu hts to th• c••h from th• flnandal as8•1 •xplr• or ar• 8•tU•d, bl th8 th•rlty tranBf•rs to nott paty •thI•nJa1 wll th• •nd rr8 ol wnornhlp 91 th• Iln•ncl•l 48MI, or ¢) th• ¢h•rfty, d•8plt• h•vkng rgthln8d ogm•, bul not Ill, 11gnfflnt d•k8 ind r•wath of h•B tr•n•f•rr•d Gonlnl of th• •M•l to Ih•r ty. Flnanclal Il•blllUw ar• d•rncognl••d only wh•n th• obltg&kn •pooffl•d In lh• contr•¢ bl ¢IKh•ryed. c¥nGelW oraxptro8. D•bt In•trum•nt• th• condKloni r*• 8iibi•qu•nJy rnwumd #i amDrtl••d J Incom• from don•tlan• •nd l•wk• Tgtal 2024 fvndB DoMtlon• D(•tIjnS dlr DoMtKJni Jst Gmng T•nt app•o1 Glft r•¢•lved Gfft old rncklm•d 22,003 0,349 2,870 823 449 SWC granls rec48d 8G Rlppl• Pr0 Fundlng w(an Hrnt Homelw8 Unk Othw ¢yJr• grnnto ToThidy DIS¢1 Counr TronslUonB Projects Wo•1 D•bn & Torrldg IA169lbank CH & SCT OND- Fla Core 20 6.538 36.280 20.trfJo 24,gM e,038 30,280 20.wo 24,944 3.CQO 149,642 3,1)00 142.37a 80,826 22222 22.222 150.590 10,000 150,590 10.000 Pag• 18
Encompas• 8outhwost Nol06 to th• Fln•n¢lal 8tat•ment• for the Y•ar End•d 31 March 2024 Totsl 2024 Communlty M•ttoYs Naknal Grtd North 08von County Council Nallonal Lottery Flgh Fl( Youlh D•von M•ntal H••llh 6upwt HOPE Nlght 8hdt•r Wknt•r Pr•••ur•• 7,603 278.553 123,317 22,207 26.307 46.158 41,512 16.293 1,112,750 81,587 196,986 123,317 22207 26.307 48.1U6 41,512 962.273 Unn•trlcl•d RHtrlct• fun fiJnd• Total 2023 IYonatloTr• Donallons Candar Orffj•tkn8 Ju8t Gfvlng T•nl 4ppoal Glft Ajd roc•lwJ 10.YJ4 6.349 10,334 6,349 1.8&4 3.704 3.704 8p•eMlo gr8N• f•¢d¥fjd BGET Chlldm In N••d Found•don Rlpph Prol•ot Fundlno Oth•r corg gronts Torrldge Dlthct Ctyjncll TnOnI Pr4oct. Woyt Dalr & Tthdgo DPT M•nt•l Hèalth Fd Woolnk CH & scr ONO-FI Core 20 CoL•b Communlty M8tterB Nalonjl Grfd North Dovon County CO1 Nal¢)n41 Lthry Hlgh Fl North Dwon VoluntwrB Y¢Jth D8von Menty Heallh Supwxt HOPE 9.871 33.021 SO.335 9.871 33,021 00.335 27,280 20,000 4,250 134,241 57.7g8 25,770 22.222 220.6B3 29,000 48.787 27,200 4.260 134241 57.796 22222 226,593 29.fA 48.787 2,005 83.710 112.339 150.323 112.339 4.)0 20,000 45,000 1045 124 20,CQ) 45.IX 140,862 Pasp 19
Encomp 8outhw••t Not•• to th• Flnanclal 8latom•iits for th• Y•ar End•d 31 M•r¢h 2024 Total nd• fund• Ins11 work SuFVOrt•d aCMM¢>JIt HJ8[na 1BI Incom• 8,312 482.821 9.159 17.471 462,821 32.218 512,SD8 Total 2023 31216 41,375 471.133 lund• fvnd• Invotc•d work Supportgd 4coammc•Jatlon Hou•lng 151 In¢orn• 409,017 409,242 27.922 27,922 410.982 S In¢om• fr•rn oth•rtr•dhy• •¥1 Total 2024 Tol•l 2023 Fundrnlolrwj In¢off 350 350 • knV••tffi• Tot•1 X124 Tot•1 202J fund• Bank Intere8t rocolvabl 4.851 1.V26 4.851 4,851 1.828 7 exp•ndlturn •n r*lBlng fund• •) Co•ts ol g•rnrnllnB don10¥ •nd hycl•• Unrntrlcl•d fund• R••trlat•d fvnd• Total 2024 Co•ts of rowng •rKI bg•dey 24 pa 20
Encompa$ 8outhwo8t Not•$ to th• Flnancl•l Stat•m•nt• for th• Y•ar Enthd 31 March 2024 rotll 2023 rth fvnd• Coats ol thlng df0110nB and odo8 8 Ejpndtturn ¢hirlt•bl• actl¥lO•• Tothl funds Ch•rfl•bl& 4cUvltt•8 kK•t•d 1upport0* 585.752 13.688 S99.420 1,079.780 1,666,032 1.879,200 Ta¢•l 2023 lundB fund• Chartlable adv11$ Alty0 IPOrt ¢0 69.716 804,843 1,374.559 3,887 373.803 Pago 21
Encomp1 8outhw•st
t4ot•• to th• Flnan¢lal Stat•m•nt• for th• Yr End•d 31 March 2024
9 AMlpl• of •upportco•ts
sUprt ¢tI alloothd tr• oh•rMabl• •ctMtI••
•upport
Total
24
2023
11,862
11.ae2
1.800
13,ee8
Pwll c4>Jts
13.888
3,887
10 An1• ofgrnnts
2023
Anaty•l•
Grnnts to kndfvI115
11 N•1 IneoffllnW•ng Mr¢
Mgt {autgolngMn
Encompa•s Southw••t Not•s lo th• nancIal 8t4tsm•nts for the Year End•d 31 Mar¢h 2024 Th? Averag• hood count of ampl008 durtng th• ¥eBr 4612023,. 39). Tho wag• number of ItIm9 0qu1val1 em0 durtNJ the 5wr IB and>•od 40 fdlw: 27 ND ernplw• rocthd of mom than £8ODXI th• y•ar. 14 Audltorn. •x•mln•don f••• X24 Audlt faom 11,e62 18 T•nglbl• fa•d aM•t• v•hkl Tot•1 Co•t At 1 Aprll 2023 At 31 Mar¢h 2024 38h94 38,494 38,494 D•pr•elitlon At 1 &orM 2023 ChoTg• for the Al 31 March 2024 9.824 7,218 ,824 N•t bo•k yU• At 31 Moreh 2024 21,652 21,852 At 31 M#rch 21Y23 28.870 28,870 18 D•btor• 201> Trade debtcY8 113.031 27,519 0 1912 114B1 2B.431 17 C••h Ind c••h •qulv•l•nts Cash at bank 395,018 Page 23
Encornpa88 Southw•st
Not•• to th• Flnanclal atsm•nts for th• Y••r End•d 31 M•r¢h 2024
18 Cr•dllor•; •mount• f•llkno du• wttbln •n• y•v
2024
Tr•J• cradlto
Acuuo18
21.532
40,500
62,032
21,815
24.615
19 P•n•bn and oth•r •ah•n
D•fift•d ¢onlrlbulkn p•n•lon •¢h•ffl•
Th• ¢h•rfty op•r•ts• a d8fin•d c
Encompa8• Southw Nol•• to th• Fln•ndal 8tat•m•nt• for th• Yur ended 31 March 2024 Ba¢4 •t 1 Aprll Inoomlno R•sourc r••ouro•• •xp•nded Tr•n•f•r• •l•nu at 31 March 2024 TOC Covtd H&rd•hlp Youlh Ifow OND Primary Straoiwl8a Torfd9e OND Communlty flry OND StKondary fl( DPT M•ntal h1th 2T,o 22.207 {16.4301 1222991 143.4261 135.5211 (73.7511 (39.4241 132 (24,0841 (10.5701 8.621 18AD3 8,529 35.521 02,108 19.437 21,880 212 12.768} 1641 (21.8801 235 19,TT5 2,838 14,148 21,880 Cornfflunlty Flow 2 Cc#mmunlty M•ntal 2,061 21,420 2,338 32,67T 120.720 {34,2311 1130,0841 138.5671 (1,IJ07) N•tlon•l tott•ry SJfqr SIrtr Cornmunrty m8tt•rd NaUonBI Grkl Fund CornmLbnlty Manlal H•a#h NOtor 18,07e 8,307 <501 18,151 6,0 117,8311 145) 15.320) 5,961 9,916 M•nt•l Heqth Wlnlor prurn 41,S12 26J07 18,293 (33.6121 {19,e491 (7,816} 48,206 7,%6 233407 1003048 127,379 1082 110 (7,900) HOPE 8,658 8,478 Nlght 8hthr Tolal fvnd• 428 702 1830,085 L 377,267 Poa8 25
Not•• to th• Flnancjal Slatomont• for th• Y•ar End•d 31 March 2024 B•lon¢• Al 1 Aprll Incomfiii R••our¢•s •lanc• at 31 M•rch 2023 iknre•tvlct•d fund• GÉnarnl FuNJ8 Contlnprw Fund CarKler Advlc• C•nts• 125,052 46A49 {58.1411 27.135 142.495 7.369 454.807 22.222 116.489) (448A831 1222221 690 IS,871 7Y7 Compknx Car• Twm• Toffldg• Slr••lvA80 wlnt•rAKoMffd ONO. 8•c4J)dary Fk)w BGET m•tch8d n(kn9 Flx•d •M•ts 33 (16) 213 18Jy)O) 20.783 (20.7481 (213) 18,Ot)) 38.494 206,016 $63.600 9,824 573.667 28,870 195,295 9.366 Spaclffic Gr•nts Conllngoncy Fund8 R&C TOrr1d and W• D•von Chlldrnn In N••d 201 0M¢h Fundlng Rwgh Skryopor BGET Monwwl Rlppl• Project Hou$ Flr•irrorrfdq• TA53 1081 9.871 {12,779) 1,881 1i,e491 10,170 1,78 1A10 3.971 7.543 57,798 {e1,8221 {37.7971 IT091 5,475 22,708 {1.077) 11A101 6299 33.021 20.WO 1482911 17.0211 20,322 73.053 105.332 59.SlX) 88,407 23,400 20,1))) $6.T21 35.PJ21 (139,5251 180,8651 187.1261 18,028) (13,3791 {38.3181 {35.6731 136,5751 (38.8581 (1.2841 114.8521 {33.1201 11841 38,896 HIU 9,282 TDC Covid H•rdih Y(xth Iyow OND Prfm4ry Stro8twJg8 Torrklg• OND CDrnnunty Ib OND S•¢ixory kn1 DPT Mèntal h•allh Core 20+ COnUnity Aow 2 con1UnIty IAont•l H8aMh Lead Nalb)nal kjllery hpi flow 4,938 120,3101 6.621 18,403 1f•2 75 12131 58.646 3,920 29.000 55,000 19,775 2,838 14.148 21.880 18.630 112.339 115,9691 190.9191 2,661 21.420 Pap 28
Encompa•• 8outhw•st Not•s to tho Flnanclal Statwn•nts for lh• Y•ar Ended 31 March 2024 B•lMic• al InClIng R••oyrB•• 2022 r••¢w •xp•nd•d Tran•fw• 31 Mwch 2023 17A98 115.1eoi Gommunty mattar8 N8Uonal Grld FuThJ Comrnunty Trh#Nh NAvig•tor {1.9021 (193) 27,077 (49261 18,151 4,000 805.4P7 9.366 932,809 233.407 115.861 Tgtal fund# 321.677 1he6,209 L 428,702 ct8d fun Th• trust0 hav• d•tyiat•d wt of th• Unraltrfe frd$ of lh• charfty to enwjrn that th• fund• r•1$ 8p8c1r1fy for rrtth svol•rl•. •nd thown 8uth in the restr1d r•8ervo8. hava 8ufficl•nt rnsourca to ts)mpk th8 fundB arn dBwt•d from tho go1 knKlrw8lng of tIKI En¢ompaB8 Soulhwt wovkl•i • vwl•ty af Indud•: ep•dallBt houblng •nd dom88lc & atxual ¥Aoleneo support to WOM ¥th multlplo do5vnt8g08. Rough 8188pgr outrt8ch. Hou81 Flr81I young par,8 houalFvJ 8UPPOrt. Hlgh Intensty U80r IHIUI, Montsi Hgallh Support, Monoy a Dabl dvle• and 8pe¢lall618VPP0rt I¢MOdatIOn. Mthny of Iho fundlng wo rac1 16 r08trfct8d fundlng and th89• Include: N&llono1 Lottory Communmy Fund. Tothdgo Dl6lrtci Co¢11. North Dèvon Coundl, Int•llrnMd C•r• Boqrd, Hom•l•M Llnk and Dovon CommurtloB Foundalon. 21 An•1• of n•t u••t• b•lw••Tr fund• Unn•trf¢tsd fund* Q•n•rnl T•t•l lund• R••frl¢t•d •131 M•r¢h fvnd• 2024 T•rolblg flxod •1set8 Currnrl 8888ts Curr•nt 11a11 21,652 254.898 8,672 127 249.878 78 377 257 21,662 417,837 62,032 182.n9 Totsl rwl assats Page 27
EnMmpa•• 8outhwMt Not•8 to tha Flnanclal 8tat•m•nts for th• Y•ar End•d 31 Mlreh 2024 Unr•rf¢t JDd G•n•ral Tot•1 fvndl R•mtrfat•d at31 PA•r¢h funds 2023 T*wble fixed 888ets Curnnl a88ats Cw•nt lknblllUo• 28.870 424,447 4,816 428,702 1Q6,916 20,491 195,295 237,531 4.124 Ttytal net •M•ts 233.407 22 R•lthd yrty tr•1¢# Dwlng tho •r, lh• pdd £19.081 I223. £411791 ty Noth D•von Aylrnt DomMlk Abu•• Llmtt•d In mp•ot of • pertn•r•hlp •or8•m•nt. lrnn• Hockkn L• a TN•t•• of both ch•rlkn. Pap 28