REGISTERED COMPANY NUMBER: 07945052 {England and Wales) REGISTERED CHARITY NUMBER: 1148286 19 DEC 3034 REPORT OF THE TRUSTEES AT4D UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 MARCH 2024 FOR AHAVA COMMUNrrY LTD Stephen Farra Associates Limited 98 Hornchuroh Road Hoi'nchurch Essex RMII IJS *ADIDIEMO4 2011212024 COMPANIES HOUSE AS8
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AHAVA COMMUNITY LTD CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 29 March 2024 PaEe Report of the Trvst¢es IndependeDt Examiner's Report Statement of Fin#nci*l A¢tlvlties Balance Sheet Cash Flow Statement 10 Notes to the Casb Flow Statement Notes tts the Financial Statemellts 12 to 20 Detailed Statetnettt of Financial Activiti&8 21 to 22
AHAVA COMMUNITY LTD REPORT OF THE TRUSTEES for the Year Ended 29 March 2024 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the finan¢ial statements of the charity for the year ended 29 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to ¢harities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). Page I
AHAVA COMMUNITY LTD REPORT OF THE TRUSTEES for th¢ Y¢ar Ended 29 March 2D24 OBJECTIVES AND ACTIvIEs Obje¢tive$ and aims At Ahava Community, our vision is to provide support for people in our community who have become homeless, been released frorn prison, have addiciion problems, or been through relationship breakups. We provide a place of refuge for thern, to assist them with guidance and to help get them back on track with their lives. Ahova Community is a collective of individuals. local churches and businesses who are united by a shared vision for our ¢ommunity'. "To see all forms of hornelessness made history., We believe that with big faith, innovative strate&y and open-handed partnerships we can make a huge difference to the lives of those who need it most. Strategie Aims l. To provide temporary shelter, assessment and general advice to people who are homeless and rough sleeping- with further on-going support provided to prevent future difficulties when they have been permanently housed. 2. To prevent rough sle¢pinE and homelessness by engaging in the care and rehabilitation of people who are affected directly and indiitctly by alcohol I substance misuse and gamblin& and to promote their physical, psychologica], emotional and spiritual health. Treatment options may include referral to local services and residential s¢rvi¢¢s plus providing information to alcoholics, drug users, gamblers and iheir families. Ahava Community provides the following actlvities: Catalyst Night Shelter The Catalyst Night Shelter located in Romford Town Centre, provides= 12 single rooms for our homeless guests. showers. cooking facilities and breakfast. Each guest is given support and advice in order to get them prepared to be re-housed and access to properties to rent. ThrAve CommuDity HousiDg Thrive Community Housing supports those with medium-level supporr needs. The aim is to develop th¢ more general gap in life skills and disrupted self-esteem to remove the primary obstacle to securing Accommodation and accessing employment or training. We helped facilitate independent living in managed properties with goal-orient¢d support packages and a¢cess to skills trainin& volunteer opportunities and social activities. Transformation Progr*mmt Ahava Communhty has a strong desire to build on the success of the work we did alongside men in recovery from drugs and alcohol in Havering prior to the pandemi¢. We remain in ¢onts¢t with many of the people who came through our programme. Our aiTll in th¢ fuluie is to provide three residential settings for our Transfom)ations programme across the UK. As we hive expanded our social enterprise. we have become increasing aware that there is an extreme lack of provision frorn whi¢h people can discover new pathways and journeys in their lives. We continue to explore 211 options of renting suitable properties from which to do this from. Details of specific activities ¢0 advante educatio The people who.are homeless or at risk of becoming homeless will be given the opportunity to be sign posted to participate in the following.. Courses to promote anger management and reduce ¢r[e. build self-esteem and assertiveness. Access to courses on money management, IT skills, literacy and numeracy as well vocational courses. Sport as a means to relax. build Confidence and inci'ea8e fitness as well as participation in the local community- Christian based activities which promote family and spiritual life. We also provide opportunÉties for work experience through volunteering in a variety of work Settings. Benefit to the public Page 2
AHAVA COMMUNITY LTD REPORT OF THE TRUSTEES for the Year EDded 29 Marcb 2024 Between April 2023 and March 2024, Ahava Community were able to provide 51 men and women. each a single bedroom in our night shelter. Each night 12 guests had access to cooking facilities, showers 0d washing machines. They were then helped in the day to access benefits, health appointments and to find a0Mmodation. We worked with a network of landlords who pArticularly specialised in providing ac¢ommodation that would accept housing benefit and would need a guarantor. In addition, our volunteer run Hope Cafe also provided a sign-posting service to the street homeless plu5 a free meal and place to feel safe. Some of night shelter guests volunteered in the cafe and gained experience and Food Safety qualifications. Our Thrive Housing has provided support for 13 people. This has included two families with new born babies who were receiving our services and were not supported by the council. Both families were eventually assisted by the local authorities but it took between 6-9 months for that to be affoTded. Our focu5 in our a¢¢ommodation has been enabling people who have been through our night shelter to get back to work and hav¢ affordable rent. Our Social Enterprise ¢ontinues to provide full time work as store managers, drivers and driving Lssistants from previously homeless community. The income generated from the Social Enterpi'ise enables us to continue to support our homeless pi'ovision. We were very encouraged io see people tran51tion from volunteer5 to employees and then onto further employment outside of the charity. People have volunteered with all soits of differing abilities and needs including those with autism andlor learning difficulties. rnental health diffi¢ulties' those in re¢overy from addiclion and people who would otherwise be isolated. The social enterprise is based on a pop-up model and so the length of tenure for the shops is aiways unCtaIn. We therefore took the opportunity to expand to Rhyl in North Wales and Tolworth. There have been concerns about the profitability of sOe of the shops due to their positioning and a¢¢ess to donations and a review will take pla to ensure that each lo¢ation is able io bring A sufficient contribution to the charity. However, we were consistently able to provid¢ work experience and confidence building to vulnerable groups and recycling with each expressing their help to the homeless including.. signpostin& free clothing and furniture as well as food and ww'm drinks. Our partnership with Pulse, a local church, enabled their Youth Worker and Pastor to base themselves at Hope Cafe and outreach to groups of young people with poor school attendance. They also rnanaged a youth project in the evenbng which would have up to 70 young people attending. We are aware that this has had a significant influence on the youth who were stsxting to engage in crime both drug and gang related. Our aim in enabling this was to pi'event youth homelessness in the future. In conclusion. Ahava Cc>mmunity has continued to provide shelter. housing, employment and volunteer opportunities to the homeless. We have continued to explore social enterpi'ise in different locations and some have been more successful than othe15 which we will constantly review. Future Objectives and Aims AhAva Community continues to have dreams and aspirations for the future and plans for 2024-25 to improve our service5 to pr¢v¢nt homelessness and provid¢ assistance to people in Havering and beyond by.. l. Providing emergency accommodation and help with pemianenl accommodation to those at risk of rough sleeping through our Catalyst Night shelter. 2. Continuing to support those in our Thrive Community to remain and return to work. 3. R¢viewing and developing oui. So¢ial Enterprise t4¢ross the country. 4. Assisting in providing youth piovision foy young people at risk of homelessness and addiction. 5. Continuation of our TTansfortnation Programme funding pemitting. STRATEGIC REPORT Page 3
AHAVA COMMUNITY LTD REPORT OF THE TRUSTEES for the Year Ended 29 Marcb 2024 STRUCTURE, GOVERNANCE AND MAJYAGEMETr4T Governing document The charity is controlled by its governing documenL a deed of trust. and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Recruitment #nd gppointTnent of new trustees Recruitment of t1.teeS will mainly be by recoTnmendatioti or a specific approach to someone. Policies will include.. Dats protection, vulnerdble adults policy, health and safety and fire safety- Appointment will be by intetwiew, application foiin, taking up references and doing a police check. During an induction period our core activities will be explained and the trustee tsken to see them in action. The role of our partner agencies is also very relevant. Other training on homeless matters is available thTough courses ran by Homcless LirLk. Risk manAgemeDt The trustees have a duty to identify and review the I'isks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. REFERKNCE AND ADMINISTRATIVE DETAILS Registered Company Dumber 07945052 (Engjand and Wales) Registered Charity number 1148286 Registered office 4 Atlanta Boulevard Romford Essex RMI ITB Trustees PAMeY I P Coppeard J Kyari Ms G Akalonu Company Secretary Independent Examiner Stephen Farra Associates Limited 98 Hornchurch Road Homchurch Essex RMI I IJS Page 4
AHAVA COMMUNITY LTD REPORT OF THE TRUSTEES for the Year Ellded 29 Marcb 2024 REFERENCE AND ADMINISTRATIVE DETAILS Bankers The Co-operative Bank I South Street Romford Essex RMI IXP Report of the trus directors, on . orporatin a strategic report, approved by order of the board of trstee9. as the company signed on the board's behalf by.. G Akalonu- Trustee Page 5
INDEPENDENT EL4MINER'S REPORT TO THE TRUSTEES OF AHAVA COMMUNITY LTD Independent examiner's report to the trustees of Ahava Community Ltd ('the Company,) I report to the charity trustees on my examination of the accounts of the Company for the year ended 29 March 2024. Responsibiliti and basis of report As the ¢harity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the ac¢ounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act')- Having satisfied mys¢lf that the accounts of the Company are not required io be audited under Part 16 of the 2006 Act and are eligible for independent exarnination, J report in respect of my examination of your charity's accounis as carri¢d out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b} of the 2011 Aci. Independent exatniner'$ Statement Since your charity s gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a m¢mber of the ERROR relevant professional body must be completed which is one of the listed bodies. I have completed my examination. I confirm ihat no matters have come to my attention in connection with the examination giving yne ¢ause to believe.. accounting records were not kept in respect of the Company as required by Se¢tion 386 of the 2006 Act. or the accounts do not accord with those records. or the accounts do not comply with the accounting requiJ'¢ments of Section 396 of the 2006 Act other than &ny requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examin2tion,' or the accounts have not been prepared in accordance with the methods and principles of the Statement of RecomTnended Practice for accounting and reptsrting by charities {applicable to charities prep3xing their accounts.in accordance with the Financi Reporting Standaxd applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and 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 understsndsng of ihe accounts to be reached. S FARRA Stephen Farra Associates Limited 98 Hornchurch Road Hornchurch Essex RMII IJS Date.. Page 6
AHAVA COMMifNifY LTD STATEMENT OF FINANCIAL ACTtVlTIES for the Year Ended 29 March 2024 21124 Total funds 2023 Total funds Unrestricted fund Restricted funds Notes INCOME ATr4D ENDOWMENTS FROM Donations and legacies 85,947 85,947 217,657 Cbaritable aetiviti Supported Living Residents Licence Top-up 129,089 98,014 129.089 98,014 246,983 94,155 Other trading activities Investment income 349,005 14 349,005 14 271.754 Totsl 662 069 662 069 830 552 EXPENDITURE ON Raising funds 69,517 69,517 130.460 Charitable activitie5 Wages Night Shelter Cost Supported Living Pension costs Loss on disposal of Motor Vehi¢l¢ 310,021 1,806 199,968 6,567 310,021 1,806 199,968 6,567 364,504 11,529 287,535 5,115 Other 146,760 146,760 202.640 Total 734,639 734,639 1.012,900 Net garns on investments NET INCOMEI{EXPENDITURE) (12,570) (12,570) (182,348) RECONCILIATION OF FUNDS Total funds brought forward (127,864) {127,864) 54.484 TOTAL FUNDS CARRIED FORWARD 140 434) 140,434 127,864) The notes form part of these flnarLci stAtement$ Page 7
AHAVA COMMUF41TY LTD BALANCE SHEET 29 March 2024 2024 Tot91 funds 2023 Total funds Unrestricted fund Restricted funds Notes FIXED ASSETS Tangible assets 12 407,573 407,573 352,334 CURRENT ASSETS Debtors Cash at bank and in hand 28,241 1,479 28,241 1,479 24.554 13.828 29,720 29,720 38,382 CREDITORS Amounts falling due within one year (291,691) (291,691) (209,092) NET CURRENT ASSETS 261,971) 261,971) 170,710) TOTAL ASSETS LESS CURRENT LIABILITIES 145,602 145,6112 181.624 CREDITORS Amounts falling due after more than one year 15 (286,036) {286,036) (309,488) NET ASSETS 140 434) 140 434 127,864) FUNDS Uttrestricted ndS 17 140 434) 127.864 TOTAL FUNDS 140 434 127 864) The charitable Company is ¢nlitl¢d to exemption frorn audit under Section 477 of the Companies Act 2006 for the year ended 29 Match 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 29 Ma]ch 2024 in accoi'dance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the state of affairs of the charitable cornpany as ot the end of each financial year and of surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements. so far as applicable to the charitable company. (b) The notes form part of these finan¢i21 stAtemenis Page 8 ¢ontinued...
AHAVA Co1mIlrry LTD BALANCE SHEET- Continued 29 March 2024 The fin ents were approved by the Board of Trustees and authorised for issue on IY:, , y:,and were signed on its behalf by.. G Akalonu- Trustee The notes form part of these financial statements Page 9
AHAVA COMMUNITY LTD CASH FLOW STATEMENT for the Year Ended 29 Lvlarch 2024 2024 2023 Notes Cash flows from operating activities Cash generated from operations 12 363) (665) Net c&sh used in operating activities 12 63 Cash flows from investing activities Purchase of tangible fixed assets Sale of tangible fixed assets Interest received (6.999) 2,260 14 Net cash provided by/(used in) investing activities 14 (4.736) Change in cash aDd cash equivaleots ID the reporting period Cash and cash ¢4uivxleDts at the beginning of the reporting period (12?49) {5,401) 19,229 Cash aDd eash equivalents at the end of the reporting period 1,479 13,828 The notes form part of these financial statements Page 10
AHAVA COMMUNITY LTD NOTES TO THE CASH FLOW STATEMENT for the Year Ended 29 Marcb 2024 RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTtVlTIES 2024 2023 Net expenditurt for tbe reporting period (as per tbe Statement of Fln2Dcial AetivitiÉs) Adjustments for: Depreciation charge5 Losses on investments Loss on disposal of fixed assets Interest re¢eived (Increase)Idecrease in debtors Increase in creditOlS (12,570) {182,348) 5,974 (60,000) 5,974 S,115 (3) 5,045 165,552 (14) (3,687) 57,934 N¢t eash u$ed in operations 12 AIYALYSIS OF CHANGES IN NET DEBT At 30.3.23 Cash flow At 29.3.24 Net cash Cash at bonk and in hand 13,828 {12 J49) ,479 A2 479 Debt Debts falling due within l year Debt5 falling due aftei. l year {22,260) (285,908 (50,875) 4.911 (73,135) (28Q 997) (308 168 {354 132 Total (294,340 {352,653 The notes form part of these financial statements Pagell
AHAVA COMMUNITY LTD NOTES TO THE FINANCIAL STATEMENTS for tbt Year Ended 29 March 2024 ACCOUNTllYG POLICIES Basis of preparing the financial staterneDt$ The financial stal¢menrs of the charitable company, which is & public benefit ¢ntity under FRS 102. have been prepared in accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by Charities.. Stateent of RecoJnmended Pi"actice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),. Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the histoi'ical cost convention, as modified by the ievaluition of ceitain assets. IDeome All income is recognised in the Stttement of Finhncia] Activities once the charity has entitlement to the funds, il is probAble that the income will be I'eceived and the amount can be measured reliably. Expenditure Liabililies are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to ihat expenditure, it is probable thai a transfer of economic benefits will be required in settlement and the amount of the obligation can be rneasured I'eliably. Expendituit is aounted for on an a¢¢rua]s basis and has been cla55ified under headings that Aggregate all cost relatèd to the cateEOly. Where costs cannot be dii'ectly attributed to particular h¢adings th¢y hav¢ b¢¢n allocated to a¢tivities on a basis consistent with the use of resources. Tangible fixed Aets Depreciation is provided at the following annual rates in order to write off each asset over its estirnated useful life. Motor vehicles StrAight line over 3 years TaxatiOD The charity is exempt from corporation tax on its chw'itable activities. Fund accounting Unrestricted funds Can be used in a¢cordance with the charitable objectives at the discretion of the trustees. Restri¢l¢d funds can only be used foi. particular i'estricted purposes within the objects of the charity- Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pett$ion costs 2nd other post-retirement benefits The charitable company operates a defined contribution pension s¢hem¢. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Page 12 continued...
AHAVA COMMUNITY LTD NOTES TO THE FINANCIAL STA TEMENTS- eolltinued for the Year EDded 29 March 2024 DONATIOTriS AND LECACIES 2024 2023 Donations Grants 58,819 27,128 152,401 65.256 85,947 217.657 Grants I'eceived. included in the above, are as fjollows= 2024 2023 GENERAL Other grants 27,126 65,258 2) 27,X28 OTHER TRADtNC ACTIvrfiES 2024 2023 Social Enterprise 349 005 271,754 1Tr4VESTMENT INCOME 2024 2023 Deposit a¢¢ount interest 14 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity Supported Living Residents Licence Top-up Supported Living Residents Licence Top up 129,089 98,014 246.983 94,155 227,103 341.138 Page 13 continued.
AHAVA COMfviuNITY LTD NOTES TO THE FINANCIAL sTATEmEs - Continued for the Year Ended 29 Mxreh 2024 RAISING FUNDS Rai$irtg donations and legacies 2024 2023 Shop expenses Fundraising Costs 64,656 4,861 120,464 9,996 69,517 130.460 CHARITABLE AcfiviTIES COSTS Direct Costs Wages Night Shelter Cost Supported Living Pension costs 310,021 1,806 199,968 518,362 NET INCOMEI{EXPENDITURE) Net in¢omel(expenditure) is slated after ¢hargingl(crediting)'. 2024 2023 Depreciation- owned assets Deficit on disposal of fixed assets 4,761 5,974 5,115 TRUSTEES, REIKUNERATION Af+lD BETr4EFITS There were no trustees, remun¢ration or other benefits for the year ended 29 March 2024 nor for the year ended 29 Mar¢h 2023. Trustees, expenses There were no 29 March 2023. trustees, expenses paid for the year ended 29March 2024 nor for the year ended Page 14 continued...
AHAVA COMMUNITY LTD NOTES TO THE FINANCIAL STA TEMENTS- ¢ontlDued for tbt Year Ended 29 Mareh 2024 STAFF COSTS 2024 2023 Wages and salaries Other pension cosis 310,021 6,567 364,504 316,588 375.621 The average monthly nutnb¢r of employ¢¢s during the year was as follows.. 2024 19 2023 23 Employees No employees received emoluments in excess of £60,000. ii. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted funds Tothl funds INCOME AND ENDOWMENTS FROM Donations and legacies 217.657 217,657 Choritable activities Supported Living Residents Li¢en¢e Top-up 246,983 94.155 246.983 94,155 Other trading activities Investment income 271,754 271,754 Total 830,552 830,552 EXPEf4DrruRE ON Raising funds 130.460 130.460 Ch2ritable aetivities Wages Night Shelter Cost Supported Living Pension costs Loss on disposal of Motor Vehicle 364,504 11,529 287,535 364.504 11,529 287,535 11,117 5.115 5,115 Other 202,640 202,640 Total 1012.900 1,012,900 NET INCOMEI{EXPENDITURE) (182,348) {182,348) Page 15 continued.
AHAVA COMMUNITY LTD NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 29 Marcb 2024 ii. COMPAlidTIVES FOR THE STA TEMENT OF FINANCIAL ACTIVITIES- Continued Unrestricted Restricted fund funds Total funds RECONCILL4TION OF FUNDS Tot funds brought forwai'd 54.484 54.484 TOTAL FUTrIDS CARRIED FORWARD 127 864) 127,864) 12. TANGIBLE FIXED ASSETS Freehold property Motor vehicles Computer equipment Totals COST OR VALUATION At 30 March 2023 Revaluations 350,000 6,999 J,736 360,735 At 29 March 2024 410 000 420 735 DEPRECIATION At 30 March 2023 Charge for year 5,320 1,679 3,081 3,082 8,401 At 29 Mar¢h 2024 6,163 NET BOOK VALUE At 29 March 2024 410,000 2,42 407 573 At 29 March 2023 350,000 1.679 655 352,334 Cost or valuation at 29 March 2024 is represented by.. Freehold property Motor vehicles Computer equipment Totals Valuation in 2024 Cosl 60,000 350,000 60,000 360 735 410 OQO 420 735 Page 16 continued...
AHAVA COMMUNITY LTD NOTES TO THE FINANCIAL STATEMENTS- continued for the Year Ended 29 March 2024 13. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Other debtors Prepayments 14,139 12,993 1,109 10.452 12,993 1.109 28,241 24.554 14. CREDITORS: AMOUNfs FALLING DUE wrrHIN ONE YEAR 2024 2023 Bank loans and overdrafts (see note 16) Other loans (see nol¢ 16) Trade creditors Social security and other taxes Pension Liability VAT Other creditors Net Wages Accrued expense5 9,260 63,87S 128,809 45,276 30,298 8,563 3,110 9,260 13,000 86,474 90,792 1,473 638 2,930 2,025 2.500 2,500 291,691 209,092 15. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 2024 2023 Bank loans {see note 16) Trade creditors Other ci'editors 280,997 285.908 18,541 5,039 286,036 309,488 16. LOANS An analysis of the maturity of loans is Ven below.. 2024 2023 Amounts falling due within one year on demand.. Bank loan5 Other loans 9,260 9.260 13.000 22,260 Page 17 ¢ontin4bed...
AHAVA COMMUNITY LTD NOTES TO THE FINANCIAL STATEMENTS- ¢ontinu¢d for the Ye#r Ended 29 March 2024 16. LOANS- continued 2024 2023 Amounts falling due in more than five years.. Repayable otherwise than by in5talments'. Bank loans more S yrs non-inst 280 997 285,908 17. MOVEMENT IN FUNDS Net movernent in funds At 30.3.23 At 29.3.24 Unrestriet¢d funds General fund {127,864) (12,570) (140,434) TOTAL FtJNDS 127 864) 140 434) Net movement in funds, included in the above are as follows.. In¢orning resources Resources expended Gasns and losses Movement in fLmds Unrestricted funds General fund 662,069 (734,639) 60,1)00 {12,570) TOTAL FUNDS 662 069 734 639 12 570) Comparatives for movement in funds Nel movement in funds At 30.3.22 At 29.3.23 Unrestricted funds General fund 54,484 {182,348) (127,864) TOTAL FiJNDS 54,484 182,348) 127 864) Page 18 continued...
AHAVA COMMUNITY LTD NOTES TO THE FINANCIAL STATEMENTS- continued for tbe Year Ended 29 March 2024 17. MOVEMENT IN FUNDS- contiDued Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricttd fuDds General fund 830,552 (1.012,900) (182.348) TOTAL FifNDS 830,552 1.012.900) 182,348) A current year 12 months and prior year 12 months combined position is As follows.. Net movement in funds At 30.3.22 At 29.3.24 Unrtstrlcted fNnds General fund 54,484 (194,918) (140,434) TOTAL FUNDS 54,484 194,918) 140,434) A Current year 12 months and prior year 12 months comblned net movement in funds, included in the above are as follows.. Incoming resour¢es Resources expended Gains and losses Movement in funds Unrestricted funds General fund 1.492,621 (1,747,539) 60,000 (194,918) TOTAL FUNDS 1492,621 (1,747,539) 60,000 194,918) Page 19 continued...
AHAVA COMMUNITY LTD NOTES TO THE FTrIANC]AL STATEMENTS- continued for the Year Ended 29 March 2024 18. RELATED PARTY DISCLOSURES Kim Merry wife of Trustee Peter Merry was paid £50.000 (2023 £55.000) as CEO of the charity Page 20
AHAVA COTrQKUNITY LTD DETAILED STATEMENT OF FINANCIAL ACTIVJTILS for the Year Ended 29 March 2024 2024 2023 INCOME Af4D ETrIDOWMENTS Donations and legacies Donations Gi'ants 58,819 152,401 65,256 85,947 217.657 Otber trading aetivities Social Enterprise 349,005 271.754 Investment income Deposit account interest 14 Charitable activities Supported Living Residents Licence Top up 129,089 246,983 227,103 341 138 Total itleoming resollrees 662,069 830.552 XPENDITURE Raising donation$ and legAci Shop expenses FundrAising Costs 64,656 4,861 120,464 9,996 69,517 130,460 Charitable activities Wages Pensions Night Shelter Costs Suppoit¢d Living- Rcnt Supported Living- Raies Supported Living-Light & Heat Supported Living- Telephone Supported Living- Food Supported Living- TV License Supported Living- Repairs 310,021 6,567 1,806 148,6J4 27,493 21,081 1,093 160 979 548 364,504 11,117 11,529 246,625 13,554 22,318 1,423 23 820 2,772 514362 674,685 This page does not form part of the statutory financial siatem¢nts Page21
AHAVA COLMMUNITY LTD DETAILED STATEMENT OF FJI4ANCiAL ACTIVITIES for the Year Ended 29 M2rcb 2024 2024 2023 Charitable aetivities Other Computer costs Telephone Stationary & advertising Travel Motor Expenses Professional Fees Staff and volunteers expenses Accountancy Depreciation Staff Welfare Trade Subscriptions Cornpanies House Bank Charges Buildtng Insurance Training Costs Loan Interest Bad Debts 2,505 6,123 719 9,488 9,570 3,787 78,77S 2,500 4,761 710 236 13 512 7,857 70 19,134 4,510 5,480 1,898 16,711 11,463 10,694 61.554 2,500 5,974 477 1.917 28 438 8.127 168 35,443 35,258 146,760 202,640 Support costs Other Loss on sale of tangible fixed assets 5.115 Total resources expended 734 639 1012900 Net ¢xpenditure 72 182.348) This page does not form part of the statutory financial statements Page 22