Charity Registration Number. 1148155 Company Number. 08050428 (England and Wales) HELP4HOMELESSVETERANS REPORT AND ACCOUNTS YEAR ENDED 30 APRIL 2024 The Queen'sAward forVoluntarySoTvIc•
HELP4HOMELESSVETERANS TRUSTEES. REPORT AND ACCOUNTS YEAR ENDED 30 APRIL 2024 CONTENTS Page Legal and administrative information Truslees, report Independenl examiner's report Statement of financial aclivilies 10 Balance sheet Notes to the financial statements 12-18 |Page
HELP4HOMELESSVETERANS LEGAL AND ADMINISTRATIVE INFORMATION YEAR ENDED 30 APRIL 2024 Full name: HELP4HOMELESSVETERANS Registered charlty number: 1148155 Registered company number.. 08050428 Registered office & principal address: 23 Queens Road Barnsley S71 1AN Trustees & Directors: E S Butcher J Healy E R Keenan A R Martin D Sidebotlom Chair: J Healy Bankers: National Westminster Bank PIC 26 Market Hill Barnsley S70 2QE Independent examlner: Stephanie Tolson Communily Accountanl BCVS Services Limited 23 Queens Road Barnsley S71 1AN |Page
HELP4HOMELESSVETERANS TRUSTEES, REPORT YEAR ENDED 30 APRIL 2024 The trustees present their report and financial statements for the period 01 May 202310 30 April 2024. structurei governance and management HELP4HOMELESSVETERANS is a registered charity with the Charity Commission and a company limited by guarantee, governed by its Articles of Association, dated 30 April 2012. The company has no share capital and the liability of each member in the event of winding-up is limited to a sum not exceeding £10. The affairs of the charity are managed by the trustees, who may exercise all the powers of the charity, through its Chief Executive Officer (CEO). Appointment of trustees The trustees are also directors of the company for the purpose of company law. The trustees are appointed al the Annual General Meeting. At the Annual General Meeting one-third of the trustees shall retire from Offi by rotation, ie those who have been longest in office since their last appointment or reappointment. The number of trustees shall not be less than three. The trustees who served during the period, to the date of signing the accounts, are listed on page 3 ofthis report. Related parties The Irustees Gonsider that there are no related parties to the charity. Risk management The trustees have ultimate responsibility for identifying and managing risk. The trustees examine the major risks that the charity faces and to put into operation systems so that necessary steps can be taken to lessen these risks. The charity has a risk management policy which is reviewed regularly by the trustees. Charitable aims and objectives The objectives of the charity are.. The relief of charitable need of homeless ex.service personnel, in particular but not exclusively by.. a) the provision of safe andpermanent housing and through a programme of re-education and the teaching of life skills to help them back into the community. b) advice and counselling to enable them to address the issues that made them homele55 and helping them re-adjust to civilian life through re- training. Public Benefit In shaping the activities for the year, the trustees have paid due regard lo the public benefit guidan published by the Charity Commission. |Page
HELP4HOMELESSVETERANS TRUSTEES, REPORT contlnued YEAR ENDED 30 APRIL 2024 Chairman's Introduction to the Annual Report This year I have been fortunate enough to lead a group of Trustees who have assisled in the development of Help 4 Homeless Veterans charity, and at short notice. With the introduction in July 2023 of OP FORTITUDE. It was necessary to review the area of the charity's operation. The Trustees approved the reduction of H4HV operational area from all of England to the Yorkshire & The Humber regions. Two years ago, we introduced our drop-in centre in Barnsley. Despite all efforts the centre never really gol the support from local veterans. The centre was closed in February of this year, and this released resources of £1 Ok to spend on supporting vulnerable veterans. l am informed by our CEO Steve Bentham-Bates that over this year we have assisted 56 velerans. This does demonstrate that nolwilhstanding OP FORTITUDE and the reduction of Dur area of operations, the help and resources of the H4HV charity are very much in demand. The charity continues to raise funds, but if we are to maintain our position in helping vulnerable veterans, we as trustees need to increase our efforts in fund raising. The ever-increasing cost of living has meant we have had to increase our support, in financial temis, to needy vulnerable veterans, An example has been the level of private property rents, which have increased dramatically over this last year. In looking forward, the Trustees have got lo give some serious thought to the replacernent of our CEO who has re-iterated his wish to retire in May 2025. 1 too will retire from the Charity in May 2025. Should the Trustees be willing to move forward we need to look at new initiatives, not just in fundraising. This needs lo be better coordinated, not relying on the work of the CEO alone. The Trustees need to seriously consider new projects like a refuge for vulnerable homeless veterans. Starting in Barnsley, with progression of a property in differing parts of the region we now cover. Finally, I would like to thank Tom Wood, our founder, for his help and guidance over the last year. To our CEO, always at Ihe end of Ihe phone should I need him, my thanks for being there. To you the Trustees who have attended th8 meetings and made valuable contributions at the meetings or via email, when necessary. Thank you. How could I forget Amber Guyrner our illustrious ambassador. She has been a great ambassador for the charity as well as fundraiser. I musl also mention here one volunteer. Mrs Diane Martin, who has sadly passed away. She was wilh Andy at the Bamsley Drop-ln, with a ready smile and willingness to prepare the food and drinks for all who passed through the doors to the centre. John Healy B.A (Honsl Chairperson, Help 4 Homeless Veterans |Page
HELP4HOMELESSVETERANS TRUSTEES, REPORT continued YEAR ENDED 30 APRIL 2024 CEO'S Annual Report This period has been for the charity, one of its most challenging since I took control in 2015. We have made several decisions regrouping, taking the charity back to basics, to ensure that we can continue to provide the coal-face assistance lo vulnerable holneless veterans when they need it, as our Founder set out to do when he created H4HV back in 2010. Like many other organisalions. we have faced higher costs necessitating some difficult decisions by the Trustees, thus enabling us to continue providing our core support lo homeless veterans, of paying initial rents and bonds and helping them set up homes. Last year we made the realistic decision to withdraw from covering all of England and Wales to the four Yorkshire Counties and North and Northeast Lincolnshire, essentially the Yorkshire & The Humber reglons. That has proved to be a sound decision enabling us to focus our limited resources. This wasny purely a financial call. With the introduction of OP FORTITUDE last July and the growth of similar regional charities lo ours in various other areas, it was and remains the correct change of policy. We introduced our DROP-IN support centre in Barnsley Iwo years ago, but it never really gained the support from local veterans, The footfall didn't justify the expense of keeping it open, so we closed that in February this year, releasing £1 Ok + a year lo be spent on homeless veterans. Likewise, the two vehicles.. a display van and a minibus have not paid their way, so again we have sold them to top up our cash reserves, to be used for our core work supporting vulnerable veterans. Due lo 8 500/0 increase in rent and utility bills for the storage lock-up we recently took the decision to cancel that agreement, releasing sufficient monthly funds to cover another veterans rent bill, again our core work. Instead of storing items ready for issue we now buy and have delivered, rf ne$sary, items such as fridges cookers etc to the veterans new homes. The average cost of supporting each veleran we assist has risen. Two recent examples, a former RA soldier we paid out over £1400, and another ex-infantry soldier over £906 in rents. Compared to a couple of years ago when it usually cost around £600 to help one veteran, you can appreciate the additional funding stress we face. Notwithstanding all of the above. the good news is that during this 12-month period, 56 veterans have benefited from our rapid support. The oldest was a 73-year-old former Green Howard Northern Ireland veteran. In addition, we have steered 6 veterans lowards Op Fortitude, due to their circumstances needing greater support i.e. supported housing help. Moving forward: I have agreed with the trustees to work until June 2025, my 70 birthday. to Gomplete the financial year starting 1, May 2024. Last week, after 14 years of selfless voluntary service, our Founder Tom Wood MBE retired due to serious health issues.
HELP4HOMELESSVETERANS TRUSTEES, REPORT Gontinued YEAR ENDED 30 APRIL 2024 We also received the MOD Employer Recognition Scheme Bronze Award. We have sufficient reserves to enable us to plan ahead for at least 12 months, a strong position for a charity of our sÉze. Our unrestricted funds are healthy because of the support you, the public, give. So at this point I wish to thank everyone who has fundraised for us this year in a variety of ways. including some of our own trustees and volunteers. abseiling 150 feet in the dark at Magna Centre. Also, once again THE VETERANS FOUNDATION has provided help that we would like to thank them for. This includes another two years of funding, towards the FARM THERAPY PROJECT. we work on with my old RAF Regl colleague Jamie Quinn. Despite the serious health conditions requiring regular hospital visitsltreatments of our FoLsnder, he continued lo provide ongoing rapid reactions to requests for our Gharitable assistance. But this leaves a massive gap in our team and I will be seeking a couple of volunteers to join us. Sadly. one of our key volunteers.. hnrs Diane Martin, passed away in January, and it is with Diane in mind that I dedicate the work of Help 4 Homeless Veterans charity to you, the reader, this year. Steve Bentham-Bates BA Hons Chief Executive Officer HELP4HOMELESS VETERANS IPage
HELP4HOMELESSVETERAKS TRUSTEES, REPORT contlnu8d YEAR ENDED ao APRIL 2024 Th8 charl$ pollcy on reserves ReseNes are needed to meet the working capitaF requ1MentS of the charity and to ensuro that HELP4HOMELESS vEfERANS is able to conllnue In the event of a gap In funding. Reserves are also needed to meet all statutory obligations in the event ol winding up. The Irust88s alm to keep reseNas at a level equlvalent to 12 months, runnlr¥J Costs at any one tlme. At the end of the tinancial year the actual level re8eNes held. répresenled by unre81ricted revenue funds, wera £160,250 {2023,' £158,336). Th818V81 ol reserves currently exceeds 12 months running costs. This is due to a donatlon of £74k recelved upon the closure of the Once We Were Soldiers charity In 2022, The truste05 wlll use additional resgrves to enhance the charlty's support and servlces to veterans In need of our help. Examptlong Th8 trustees have takeF) advantage of the exemptlons avallable to small companles. Including the audit exernplion. Slatement ol tru8ts0'8 rosponslbllltlès Company law requlres the trustees to prepare flnanclal stalements for each Ilnancial year. which glve a true and falr wew of the slate of affairs of the charlty at the end of the year and of the surplu$ or d8ficlèncy for Ihe year then èndad. In preparing those flnanclal sta18ments, the trustees are required to,. S81ect sultable accountlng pollcles and then apply them on a consisl8nt basis. making judgements and estimates that are Prudent and reasonabl8. The tfuslees must also prepare the Ilnancial statements on the golng concern basls unless It is inapproprlate to presume Ihal the ¢harity wlll contlnue in business. The truste88 are responsible for keeping proper accounting records which disclose, Wth reasonable accuraGy at any lime, the tinanclal posltlon of the charty, and 8natrJ8 them to ensure that the financlal slatemenls comply wtth the Companles Act 2006. The trustees are also responslble for safeguarding the assets of the charity and hen¢9 for taklng reasonable steps tor the prevention and deteclion of Iraud or other iir8gularltles. Flnandal Poglllon Th8 flnancial slalements are set out In pages 10 to 18. The Slatement of Flnanclal Actlvltles shows a deflcit for the year of £29.230, with funds belng utilised to 5UPPOrt the cost of the DTOP In Centre and provlde support to veterans in need.12023: £31,301). The total lunds at 30 Aprll 2024 stand al £162,642 {2023: £191,872). Total funds include balances remalnlna on restricted funds 01 £2,392 and a general reserve of £160,250. Sm811 company provlslons: This report has been prepared In accordanc6 wlth the special provlslons for small companies under Part 15 of the Companies Act 2006. The trustee5 dèclayé Ihal they have approved Ih81rusteos' r&port above. Signed on behalf of Ihè charity's trustees: Slgned Date: 20 May 2024 J Healy) IDlrector Ipage
HELP4HOMELESSVETERANS INDEPENDENT EXAMINER'S REPORT YEAR ENDED 30 APRIL 2024 I report on the accounts of the charity, which are set out on pages 10 to 18. Respective rèsponsibilitles of trustees and examiner The truslees {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 Charities Act 2011 (the Charities Act) and that an independenl examination is needed. 11 is my responsibility to.. examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145{5}{bl of the Charities Act, and to state whether particular matters have come lo my attention. Basis of independent examiner's report My examination was carried out in accordance with general Directions given by the Charity Commission. An exarnination 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 aGcounls, and s&king 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 fairf 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 matters have corne to my allenlion which gives me cause to believe that in, any materi21 respect.. accounting records were not kept in accordan with section 386 of the Companies Act 2006,. 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 'lrue and fair, view which is nol 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 no concems and I have come across no other mallers 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. Signed.. Date: 20 May 2024 stephanie Tolson Community Accountant BCVS Services Limited 23 Queens Road Barnsley S71 1AN |Page
HELP4HOMELESSVETERANS STATEMENT OF FINANCIAL ACTIVITIES (Incorporatlng an Income & Expendlture Account) YEAR ENDED 30 APRIL 2024 2024 Total Funds Unrestrictod Funds Dèslgnated Fund$ Reslrf¢ted Funds 2023 Note Incoming resources Donations & fundraising Grants received ank interest Total incoming resources 47,394 2,500 1,956 51,850 47,394 9,100 1,956 58,450 51,428 31,000 701 83,129 6.600 6,600 Rèsources expended Salaries cost Rent, rates & ulililies Office & admin expense Room hire Veteran accommodation Repairs & redecoration Furniture & household equipment Equipment & fillings Insurance Storage Legal & professional fees Veteran SLJPPOrt Publicity & events Fundraising costs Travel & meetings Accountancy, bookkeeping & payroll Bank charges Vehicle costs Key personnel death in servica costs Depreciation Loss on the disposal of assets Sundrieslmisc Total resources expended 11 15,932 12,066 5,454 352 27,998 5,454 1,058 205 12,126 990 1,922 1,241 2,111 5,996 133 2,419 7,231 865 2,954 2,250 210 1,145 3,591 5,174 2,607 27,750 9,966 1,812 706 205 12,126 22,174 1,922 1,141 2,111 5,996 133 1,461 3,443 5.562 633 1,857 3.840 1,151 11,215 5,409 2.016 2.868 2.005 230 1,388 958 3,788 2,220 2,250 210 1,145 3,591 734 5.174 2.607 7,574 6,6( 16 55,457 7,781 24,442 87,680 114,430 Net incomelloxpenditure) Transfers between funds Total funds brought fotward Total funds ¢arried loard 13,6071 5,521 158,336 160,250 17,7811 17.7501 15.531 117,8421 2,229 18,005 2,392 129,2301 131.3011 13 191,872 f62.642 223,173 191,872 12 Prlor year income included reslricled grants of £30,000 and restricted donations of £1,350. All other income was unreslricled. A compari50n ol expenditure to the prior year, by fund. is included in note 4 to the accounts.
HELP4HOMELESSVETERANS BALANCF SHEEr AS AT 30 APRIL 2024 2024 2023 Note Flxèd assets Tanglble assets 15.531 Totd flxed assets 15.531 Current as9etg Debtors & pr8payments Cash at bank and in hand Total currenl assets 4,970 172.563 177,583 163 909 163,909 Uabllltlos Creditors & accruals amounts falling dua within ong year 1,192 Net current ass8ts 162,642 178,341 Nel ag$et3 102.642 191.872 Funds of the charlty Unreslrlctbd funds D8slgnaled funds R8slrlcted funds 12 160,250 158,336 15,531 18.005 2.392 Total fund8 162.642 191.872 Exemptlon Irom audit For the year ending 3OApn12024 the company was entitled to eX8mptlon from audit undersection 477 oftho Companies Acl 2006 relating to Smallcompanles. Dits¢tors'responsibilifies.' Th8 m8mbgrs hav8 notrequiredlhe company to obtaln an autht ofits accounts lor the year In question in accordance wlth sectlon 476," The directors acknOedge theirresponsibllltles forcomptylng th the requirements of the A with respect to accounling records and the w8parailon ofaGGounts. These accounts have beenprepared in ardance wth ffte prolOn8 applleable to companies subi8Ct to the small companys reglme. The trustees declare that th8y have approved the accounts above. Signed on behalf of the charity's twstee5: Sned Dated.. 20 May 2024 J Healy. alrlDlrector |PRge 11
HELP4HOMELESSVETERANS NOTES TO THE FINANCIAL STATEPd7ENTS YEAR ENDED 30 APRIL 2024 1. Accountlng pollcles Basis of the preparation of the accounts The financial statements have been prepared in accordance with Accounting and Reporting by Charities - Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), Charities SORP {FRS102}) and the Companies Act 2006. The charity meets the definition of a public benefit entity under FRS 102. Assels and liabilities are initially Tecognised at historical cost or transaction value, unless olhemise stated in the relevant accounting policy nolels). Income and expenditure has been analysed in the accounls using natural classification, in accordan with the provisions of Section 4,6 of the Charities SORP (Smaller Charities). The charity also meets the requirements for exemption from preparing a statement of cash flows. Going Concern Note The charity has a healthy reserve and has been successful in accessing grant funding to contribute to running costs. There are no material uncertainties at the balance dale and the trustees have reasonable expectation that the charity has adequate resources lo continue in operation for the foreseeable future. The charity therefore Gonlinues to adopt the going concern basis in preparing its financial statements. Incorning resourc85 All material incoming resources have been included in the Statement of Financial Activities when the charity is entitled to the income, when any performance conditions attached are met, when it is probable that the income will be received and when the amount can be measured reliably. Resources Expended Resources expended have been analysed using natural classification. All expenditure is included on an accruals basis and is recognised as a liability is incurred. The charity is nol registered for VAT and accordingly resources expended are shown gross of irrecoverable VAT. Donated goods and services Donated facilities and services are recognised in the accounts at the amount the charity would pay in the open market for a service equivalent to that being donated, when the charity would othenNise have purchased them and the value can be measured reliably. Donated goods for the charity's own use are recognised as income, at their fair value. The contribution of general volunteers is not recognised as income in the charity accounts Flxed Assets & Depreciation Deprecialion is calculated to write down the cost or valuation less estimated residual value of all tangible lixed assets. with a cost exceeding £1,000, over their expected useful lives. The rates applicable are.. Equipment, Fixlures & Fittings- 200A on a straight line basis. Vehicles 200/0 on a straight line basis In the year of acquisition, assets are depreciated for the full year. |Page 12
HELP4HOMELESSVETERANS NOTES TO THE FINANCIAL STATEMENTS ¢ontlnued YEAR ENDED 30 APRIL 2024 Funds Structure The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the truslees in furtherance of Ihe objects of the charity. Restricted funds have been provided to the charity for particular purposes and may only be spent for the purposes for which they were given. Any balance remaining outstanding on a restricted fund at the end Df the year is carried forward as a balance on the fund, unless permission has been given by the funder to remove the restriction on the balance outstanding, Funds relating to capital expenditure are transferred to a designated fund againsl which depreciation is charged. 2. Income from Donations & Fundralslng 2024 Totsl Funds 2023 Totsl Funds Unrestrlcted Funds Restricted Funds General Donations Drop in Centre Donations Fundraising & Events 41,697 41,697 39,853 1.350 10,225 5,697 5,697 Total 47,394 47.394 51,428 The prior year Drop-in donations are restricted funds. All other prior year Donations and Fundraising income is unrestricted. 3. Grants Received 2024 Total Funds 2023 Total Funds Unrestricted Funds Restricted Funds The Veterans, Foundation Asda Four¢dalion Amazon Gmnl West Riding Masonic Charities 5,000 1,6DO 5,000 1,6IXI 30,OCXI 1,000 2,500 2,500 Total 2,500 6,600 9,100 31,000 The prior year Amazon grant is unrestricted. All other prior year grants are restricted funds.
HELP4HOMELESSVETERANS NOTES TO THE FINANCIAL STATEMENTS Continued YEAR ENDED 30 APRIL 2024 4. Analysis of Expenditure by Fund 2024 2023 Unrestricted Funds.. Salars cosl Rent, rates & ulililies Office & admin exFer¢se Room hire Veteran accommLKlalion Repairs & redecDralion Furniture & household equipment Equipment & fillings Insuiance Storage Legal & professional fees Veteran support Publicity & events Fundraising costs Travel & meetings Ac¢ounlancy. bookkeeping & payro51 Bank charges Vehicle costs Key peisonnel dealh in Servi cosls Depreciation (Designated Fund51 Loss ott the disposal ol assets (Designated FutKlsl Sundrteslmisc 15,932 11,891 706 205 12,126 1.289 22,174 1,922 1,141 2,111 5,996 133 1,461 3,443 5.356 240 1,857 3,840 1,151 3.115 3,185 2,016 1,142 2,005 230 2,220 2,250 210 1,145 3,591 5,174 2,607 7,574 6,6] Total 63,238 75,070 Restricted Funds., Salaiies Cost Rent & rates Oirl & admin expense Repairs & redecoration Furllilure & household equipment Equipment & liitings Veteran support Publicity & events Travel & meebngs Sundrieslmisc 12,066 5,454 352 990 15,859 9,966 523 354 206 393 8,100 2,224 1,726 100 958 3,788 734 Total 24,442 39,38Q
HELP4HOMELESSVETERANS NOTES TO THE FINANCIAL STATEMENTS contlnued YEAR ENDED 30 APRIL 2024 5. Debtors 2024 2023 Prepayments 4.970 Total 4,970 6. Creditors 2024 2023 Creditors & accruals PAYE liability 800 467 725 467 Total 1,267 1,192 7. Flxed Assets Equlpment, Fixtures & Fitting5 Vehicles Total Cost as @ 01-May-2023 Additions Disposals as @ 30-Apr-2024 21,395 4,475 25,870 21,395 4.475 25,870 Depreciatlon as @ 01-May-2023 Disposals Charge this period as @ 30-Apr-2024 6,759 (11,0381 4.279 3,580 {4,4751 895 10,339 115,5131 5.174 Net book value as @ 30-Apr-2024 as @ 30-Apr-2023 14,636 895 15,531
HELP4HOIVIELESSVETERANS NOTES TO THE FINANCIAL STATEMENTS contlnued YEAR ENDED 30 APRIL 2024 8. Trustees, remuneration, beneflts and expenses Out of pocket expenses were paid to two trustees, to the total value of £1,031 during the financial year12023'. £371), Other than reimbursement of items purchased on behalf of the charity, there were no further payments, remuneration or benefits made to trustees in this or in the previous accounting period. 9. Related party transactions There were no related party transactions, in this or in the previous accounting period. 10.Independent examination and accountancy services During the period, the lotal cost of the independent examination, accountancy, bookkeeping and payroll servIs, provided by BCVS, was £2,250 {2023.' £2,005). 11.Staff costs and numbers 2024 2023 Total Salaries Cost The average number of employees during the year was 112023= 1).
HELP4HOMELESSVETERANS NOTES TO THE FINANCIAL STATEMENTS contlnued YEAR ENDED 30 APRIL 2024 12. Movement In Funds Opening balance Incoming (Resource5 resources oxpendedl Fund Transfers Closing balance Unrestricted Funds: General Fund 158,336 51,850 155.4571 5,521 160.250 158,336 51,850 55,4571 5,521 160,250 Designated Funds: Fixed Assets 15,531 {7,7811 17.750} 15,531 17,781) 17.750} Restricted Funds- Asda Foundation Cost of Living grant Veterans, Foundation - Farm Therapy Veterans, Foundation - Salaries Veterans. Foundation - Fuel Drop-in Centre 1,600 5,000 {4581 13,7501 112,0661 15001 17,6681 1,142 1,250 1,632 12,066 1,900 2,407 11.6321 11,4001 5.261 18,005 6,600 124,4421 2.229 2,392 TOTAL 191,872 58.450 187,6801 162.642 13. Fund transfers Fixed Assets General Fund Drop-in Centre Farm Therapy Fuel Grant Funds transferred from the designated Fixed Asset Fund due lo the sale Of two vehicles 17.7501 7,750 Contribution lo Drop-in Centre costs Balance of granl 15,261) 3,032 5.261 11,632} 11.4001 Totsl 17,7501 5,521 5,261 11,6321 11,4001 The balances remaining on the prior year 'Fuel' and 'Farm Therapy, grants were transferred to the General fund at the year end. The trustees confirm Ihat all obligations to the funders have been mel.
HELP4HOMELESSVETERANS NOTES TO THE FINANCIAL STATEMENTS continued YEAR ENDED 30 APRIL 2024 14. Restricted Funds Asda Foundation Cost of Livin rant- a grant to support veterans with food costs. Veterans, Foundation- Farm Thera Pro ect- a grant to support the Farm Therapy Project. Veterans, Foundation - Salaries- a grant lo contribute to the salary cost of the CEO, for a period of 2 years. Vet&rans' Foundation - Fuel Grant- to provide individual fuel support grants of £10010 veterans slruggling to cover the high cost of gas and electricity over the winter period. Dro -in Centre - reslricled funding for the running of the Drop-in Centre. |Page 18