UnityMK Annual Report and Financial Statements for the year endlng 30 April 2024 th UnityMK UnltyMK. A company Ilrnited by guarantee UnityMK Unlty Park Stallon welfare centre Wlnter nl8ht $helt¢r emer8èncy beds Corporate volunteerln8 OPPOrtunitSes Dally café 5ervl¢e Page l of 23 Charity number: 1149480 Company number: 08232340
UnityMK Annual Report and Financial Statements for the year ending 30" April 2024 Contents Chair's Statement........ Directors, Annual Report..- Structure, governance and management..,................ Objectives and activities. Services Impact..................... Fundraising approach Looking forward......... Financial review. Reserves Policy.............. Public beneflt statement.............................,.,.,.,......,...,......................................,.....,,.,.......................... Principal risks and uncertainties. Risk Management...... Responsibllitles of the Dlrectors. Small Company Provisions........................................,.........,....,,.,,,,,..,.,..,,..,.......,............,..,.,,.,.,..,,,,....10 Independent Examiner........,,.,,.............................,.,,.,,,.....,.. .10 Independent Examiner's Report................... Statement of Financial Activities .11 .12 Balance Sheet as at 30th April 2024 Notes to the Accounts..,.,............... .13 .14 Reference and administrative details,......................,,....................................... .22 Oursupporters.... .23 Page 2 of 23 Charity number.. 1149480 Company number.. 08232340
UnityMK Annual Report and Financial Statements for the year ending 30 April 2024 Chair's Statement This year saw the charity change its name from The Winter Night Shelter M ilton Keynes to U nityMK. This change reflects the growth in breadth of our services as we continued to support those experiencing homelessne55, whilst also providing assistance to prevent homele55ness. It reflects our belief in partnerships ansy our desire to work collaboratively to help end homelessness. Milton Keynes has a growing homelessness problem. MK Community Foundation'5 2022123 Vital Signs report states that Milton Keynès was ranked 27 out of all English Authorities In 2021 for the proportion of its population that was homeless. In 2018 Milton Keynes ranking was 32. Figures taken from the government's Rough Sleeping snapshot in England, Autumn 2023 show 3,898 people are estimated to be sleeping rough on a single night in autumn i n 2023, which has risen for the second year in a row. Milton Keynes 'count' shows a drop of 33.kn from 2022 snapshot. However, these are people visibly rough sleeping on a certain night in November and doesn't show those hidden away for safety, those sleeping in cars, and those sofa sleeping. Sadly, our welfare centre supports ma ny more people rough sleeping tha n the "official" f igu res state, and this year saw several of our winter night shelter guests who were experiencing homelessness for the first time. Some of the factors contributing to these rlslng figures are the increasing cost of living, the rise in 'no fault" evictions, the lack of affordable housing and changes in accommodating asylum seekers, all alongside the continu ing homelessness resulting from relationship breakdown and addictions. Ourwelfare Centre, Unity Park Station IUPSI, formerly the Old Bus Statlon, is one of our services that provided solutions. The Breakfast service provided those rough sleeping food a nd acce55 to showers, emergency clothing, lockers for safe storage of belongings and laundry facilities. The numbers accessing our Welfare support services throughout the morning continued to increase and the team saw more referrals for client support from both local statutory and non-statutory agencies. The Food Foundation found that in January 2024, 15% of UK households were living In food insecurity. UPS continued to have food available six days a week either th rough orga nised provision/clLtbs, Foodbank, our own welfare support, or from one of our external partners using UPS at the weekend. We a150 made available our premises free of charge to other groups for the provision of their services thatsupport the homeless. The widercommunity wasserved byThe Mix holdingweekly mental health support meetups, there were multiple addiction 5UPPOrt services, New Life church provided a Community club, and there was a Knit and natter group. Dreamsai used the facilities to prepare essential food pa rcels for those in need across M K, and it was used as a conven lent f entral location for otheragencies to arrange appointments to meet their clients. We continued to work alongside Milton Keynes City Council IMKCCI, supporting them, with their 19- bed night shelter above our welfare centre. We provided a team of volunteer5 to provide meals to their guests in the even ings, as well as additional welfare su pport. Our overnight winter night shelter service again provided emergency bedspaces from the end of November through to the beginning of April. We are grateful to the 400 or so volunteers who signed p to assist us providing the fifteen beds a night rotating over ten venues across the city. We also thank the churches, other groups, and volunteer community cooks, who made food and venues available to us, many at no cost to the charity. We acknowledge our welfare team and volunteers alike, who continued to provide support to our welfare centre guests throughout the year and ou r staff behind the scenes enabling these services to operate. We are grateful to those individuals who made direct personal donation5, those who Page 3 of 23 Charity number.. 1149480 Company number.. 08232340
UnityMK Annual Report and Financial Statements for the year ending 30 April 2024 th contributed to orga nised collections and fundraiser events Isponsored and otherwise) and who are listed on the last page. We also want to recognise those companies who have now pledged their support to us. This growing number of local businesses are helping us build a sustainable income stream. Thank you. We secured funding for Phase l of the development of our Wolverton Drop-in Centre, which makes the building watertight. We are now raising funds.for Phase 2 to fit out the bu ilding so that we can create a Hub to provide partnership spaces, education, skills training, and pathways to prevent homelessness and to sustain tenancies. We will work continue to ensure that UnityMK continues to provide crisis support to those who find themselves roLtgh sleeping and facing homelessness. Thank you, one and all - we invite your ongoing support as we continue to support those at risk and at crisis point. Directors, Annual Report The directors have pleasure in presenting their report and the financial statements of the Charity for the year ended 30th April 2024. Structure, governance and management The Charity was registered as a Company limited by guarantee on 27 September 2012 with Memorandum and Articles of Association and as a Charity on 25 October 2012. The board consists of at least three directors with at least three or one third of the directors lif greater) present at any general meeting to form a quorum. To be eligible each director must be over the age of 18 a nd all m ust Support the Objects. If any dirertor is a corporate body lof wh ich there are none at presentl it must act through a named representative whose contact details are notified to the directors and there must be at least one individual director. One third (or the number nearest one thSrdl of the dlrectors must retire each year, those longest in office retiring first and the choice between any of equal service being made by drawing lots. A retiring director may be reappointed. The directors may at anytime co-opt any individual who is eligible as a directorto flll a vacancy in thelr number or as an additional director, but a co-opted director holds office only for one year. The Memorandum and Articles of Association authorise the directors to make and hold investments Using the general fu nds of the Charity. At present only bank deposits are held however this position continues to be monitored. The Charity is ru n through its board of directors who meet quarterlv. April saw the General Manager promoted to the position of CEO in recognition of the needs of the growing cha rity and her responsibility to lead the staff team, to provide day-to-day governance of the charity, and to develop our Strategic plans. Principa l objectives in the year have been to strengthen and diversify the income streams, secure Phase I funding forthe Wolverton project, to update policies and procedures and to fill some of the key staffing vacancies. Our part-time staff team includes- 111 a Welfare Manager and Senior Welfare Officer. The former resigned after many years of faithful service in November, and the then General Manager and Senior Welfare Officer covered the position between them. They delivered face to face person centred welfare support, liaised with other agencies, and sUPPOrted clients and night shelter guests in Page 4 of 23 Charity number.. 1149480 Company number.. 08232340
UnityMK Annual Report and Financial Statements for the year ending 30 April 2024 addressing their needs. This included f inding more Settled accommodation, accessing benefits to which they were eligible, and ena bling people to stay in employment. 121 the Operations Manager continued to ensure that both the day welfare services and the winter night shelter provision ran smoothly with volunteer recruitment, the growing area of food provision, services set-up and building compliance. The Operations team grew with a new role in July of Unity Park Station Assistant responsible for the sites join ing the Operations Assistant who continued to be responsible for allocating volunteers to opportunities and assisting with volunteer management. 131 our Finance Manager, who handled the day-to-day transactions and budgets. 141 a Communications Manager and Assistant who kept our prof ile high through social media a nd preparing materials for our external communications with the volunteers and wider community and two Fundraising Managers. 151 our Community Fundraising Manager had a role name change to become Corporate & Community Fundraising Manager recognising the growing work with developing corporate partners to diversify the charity's income. 161 a freelance Sen ior Fundraising Manager. He was very successfu l in raising the fund5 for Phase l of the Wolverton development. However, he left the charity in February, and a new employee post was created and a Trusts Fundraising Manager started in April. The general workload increased dramatlcally as we continue to be one of the first options for many rough sleeping or facing homelessness. The charity employed one full time and eleven part time paid staff and relied heavily on support from hundreds of volunteers from the local community. Objectives and activities The Objects of the Charity are to relieve poverty, distress and homelessness in Milton Keynes and the surrounding area particularly through the provision of temporary emergency accommodation and our welfare services that ru n from our city centre located welfare centre, Unity Park Station lu PSI. Services Unity Park Station welfare centre IUPSI This continued to operate as a 'one stop shop, for homelessness charities In M ilton Keynes, providing a central hub for all. Arou nd 15 external grou ps access the facility to provide further support in areas of welfare and housing need, recovery from substance dependency, mental health support, and combating isolation and loneliness. The main welfare support is split between two seNices.' 8-9am Breakfast Service and the 10am -12.30pm Drop- in Service Winter Night Shelter - Our circuit Winter Night Shelter service operates during the coldest months of the year and is a lifeline for many who would otherwise be sleeping rough. From the end of November through to the beginning of April our shelters provide 15 emergency beds for those with low to medium support needs. Thanks to churches, communitycentre5 and an incredible team of volunteers, we're able to offer this service 7 days a week and guests know they will receive an evening meal, company, and a warm, dry place to sleep. Our welfare team work with our night shelter guests to get them into more settled accommodation and 5UPPOrt them to rebuild their lives. Wolverton Hub Our property in Wolverton has successfully gone out to tender for Phase l of the reconstruction work to progress our vision of our own bespoke centre. Funding has been secured for this phase and the work is due to be completed by the end of September. Development of this property will take place in stages as we secure staged funding. Our cu rrent facilities at the Un ity Park Station are provided under an eight-year lease which expire5 in March 2028. We expect the new facilities to be completed and in use before this time. Page 5 of 23 Charity number.. 1149480 Company number.. 08232340
UnityMK Annual Report and Financial Statements for the year ending 30 April 2024 th Impact It was another busy year for our teams- offering a wide range of services to meet the needs of those presenting as at risk of, or experiencing, homelessness. A significant service at UPS is the café provision and this year we have registered with the council as a food provider. We provide warm meals to rough sleepers and those with reduced economic circumstances. We also continue to su pport M ilton Keynes City Council night shelter clients through the provision of volunteers and meals. All year round, our cook5 in the community provide hot meals to our welfare centre, which ensured we could meet the demand for the high number of requests for food. Over the course of the year we served just over 17,000 hot meals in the cafe at UPS (this number includes the meals seNed by the Community Club run by New Life Church two mornings a week from our building). Our welfare provision was available across the whole year- with a slight temporary change to our opening days, running from Monday to Thursdays. Typically, ourteam were seeing around 230 visitors per week at our centre. We noticed an increase in families needing to access our support, with a rise on those presenting as already homeless. There were a variety of issues bringing them to us, including the impact of the cost of living and section 21 'no fault, evictions due to landlords wishing to sell their properties. We continued to work closely with other services who used Unity Park Station to provide recovery support, accommodation options, community inclusion, and employment and resettlement options. The welfare centre saw the probation service trialling a weekly session with one of their officers and M igrant Help have ru n a fortnightly drop-in session to assist those from the EEA with their immigration issues. Funding meant that we were able to once again employ a therapist to come and hold weeklv drop-in or pre-booked sessions with the guests, This vital service gave those rough sleeping or vulnerably housed a safe place to talk and process, Ourwinter night shelter provision opened as planned, and like the previous year, we could offer up to fifteen guests an emergency bed each night from the end of Novemberthrou8h to the end of March. We worked with 10 venues, rotating the shelter each evening, and for the f irst time since before the Covid-19 pandemic, we were able to provide evening meals at our shelter venues. Thi5 was a positive experience for both our guests and volunteers, enabling them to share a meal together in a f riendly and safe environment. "l om indebted to all the stoff and volunteers at the shelter. Thelr help and klndness has been wonderful at a very stressful timefvr me" Slmon - Winter night shelter guest 2023-24 During the night shelter season, 31 guests were provided with a bed, and tailored support enabled 15 to move-on positively to more longer-term accommodation and 4 to remain in or gain employment. The length of stay for the guests increased this year due to the lack of move-on accommodation options 35 a result of limited affordable housing. This also showed in the number of guests we were able to support 31 this year compared to 65 the year before. Community support was fantastic, and our volunteering numbers grew from 120 to over 400 to enable us to ru n our night shelter service. Loca15treet food vans also offered their support a nd visited our welfare centre to provide free evening meals for up to 34 guests and volunteers from both the Council's night shelter and our own winter night shelter. Page 6 of 23 Charity number.. 1149480 Company number.. 08232340
UnityMK Annual Report and Financial Statements for the year ending 30 April 2024 th Our social media channels were used to effectively to enable us to raise awareness of the need, share positive guest stories, a nd also recrLfit for additiona I volunteers to support our daytime services and winter night shelters. We focused on growing our social channe15 to give the charity an opportunity to reach a bigger audience, along with shaping content that continued to deliver high engagement levels. This resu Ited in a growth of followers on our Linkedln and I nstagram accounts. Followers Followers 62/ 32/ Fundraising approach To fund our vital work, we approached our sUPPOrters via grant applications, letters, email and where possible at events. We com plied with current regulations and best practice set out by regulatory and professional membership bodies including the Fundraising Regu lator, Institute of Fundraising, Direct Marketing Association and Advertising Standards Board. UnityMK and Its Fundraising depa rtment have the following aspirations and guidelines.. We will commit to high standard5 in all work We will be clear, honest, and open We will be respectful when sharing guest stories We will be fair and reasonable We will be accou ntable a nd responsible with data, applications, and reporting We continued the process of diversifying our income streams to become even less reliant on a limited nu m ber of sou rces. These sou rces now include Charitable Trusts, Corporates, Individua Is, events and Statutory Source5, We are Immensely grateful to our donors and more than 400 volunteers for their support helping us meet this urgent need and we do not take their support for granted. We ensure that every penny raised is used to the best of our ability to support our clients and winter night shelter guests, Looking forward I n response to seen need, and working alongside M ilton Keynes City Council's night shelter, we a re pla nning to operate a night shelter a8ain this coming season. We plan to open fifteen beds each night using eight venues across the city. We will continue to invest in our welfare centre ensuring it is robust enough to support wide range of people accessing the service, from entrenched lough sleeper5 through to those needing assistance with benefits forms/debt advice etc to prevent many more finding themselve5 homeless. The team continues to develop partnerships with local support agencies, housing providers, employment seNices and has growing relationships within the community and local businesses. Page 7 of 23 Charity number.. 1149480 Company number.. 08232340
UnityMK th Annual Report and Financial Statements for the year ending 30 April 2024 Ourfundraising activity to support the development of the Wolverton Drop-ln Centre will continue over this period, as we seek to raise funds for the Phase 2 fit- out. This is a significant time for UnityMK as we seek to strengthen our cu rrent work with those experiencing homelessness and at risk of it, whilst at the same time developing the next phase focusing on preventative work. We continue to seek build ing a nd strengthen ing our partnerships and advocating for partnership working across the local council, charity and business communities. Wolverton Hub drawlng of ou¥ future development Financial review The Charity relies on voluntary donations from multiple sources including many corporate, church, and public entities who have been so generous. I n addition, we received grants f rom charitable trusts and donations. In pa rticu lar, the National Lottery su pported our ambitious plans for the development of the site we acquired in Wolverton in 2021. Over recent years we have also seen a continued increase in community fundraising and are humbled by the level of support provided by our many supporters, especially knowing the economic and financial challenges many people face. We are extremely 8rateful for all th is continued support and generosity. Du ring 2023/24, we have received a signif ica nt £94,72012022123 £95,223) from individual donations through the generosity of our kind supporters and fundraisers. The response from individuals and grant providers both locally and nationally resulted in an income of £506,08512022123 £559,850). Our cash balances increased to £490,460. The large cash balance was the result of drawing down £323,500 loan in preparation forthe Phase I capitalworks to make ourwolverton building watertight. Underlying cash balances increased to £166,96012022/23 £119,486). Our mortgage now stands at £324,93612022/23 £337,931). Each year, the directors approve an annual budget which is tailored to the ongoing and emerging need for services. This year we ref lected on the need for additional staffing to su pport the operational work of the charity which continues to grow as we seek to develop services to meet increasing need. The directors closely monitor the financial results, varia nce f rom budgets and non-financial indicators, considering the risks with the changes in the f inancial a nd econom ic climate creating further demand for our services and need to balance the skills and availability of our dedicated staff team. The independent examination was carried out without charge, for which we are very grateful. No remLtneration or personal expenses were paid to any d irector. The Charity holds no funds or assets as custodia n trustee. Reserves Policy The charity pays particular attention to its long-term viability. Accordingly, the director5 have considered a nd adopted an u nrestricted reserves policy representative of the costs of operating the Shelter at one venue per night for a winter Season. This is estimated to be in the region of £75,000. The directors annually monitor and review this.position to ensure it reflects the needs of the charity. Page 8 of 23 Charity number.. 1149480 Company number: 08232340
UnityMK Annual Report and Financial Statements for the year ending 30 April 2024 th Public benefit statement The Charity directors have exercised their powers with due regard to the guidance on public benefit published by the Charity Commission to promote the Charity's Objects by: Providing temporary accommodation together with evening meal and breakfast for single homeless persons Providing support and information to guests to change the direction of their lives for the better. Principal risks and uncertainties Risk Management The Charity directors acknowledge their responsibility for the Charity's systems of internal control a nd risk management and recognise that such a system is designed to actively manage and minimise the risk of fa ilure to achieve the Charity's objective5. Due to the nature of the work we do, the directors have an open risk appetite in regard to the strategic work, finding new and innovative ways to support our aims and objectives. However, regarding risk in direct relation to our guests we have a cautious risk appetite, The directors review a nd monitor risk, taking appropriate action where risk does not align with appetite. The following major categories of risk are relevant to the Charity.. Compliance risk The Charity must comply with a range of legal and regulatory requirements Including charity law, data protection, fu ndraising standards, health and safety, a nd safegua rding. To m itigate these risks the Charity has robust and embedded processes and policies, which are complemented by regular and rigorous review at Board meetings. Reputational risk There is always a reputational risk if someone were to die in our care at our winter night shelter provision. The reality is that a number of our guests have the possibility of increased physical and mental health conditions as a result of rough sleeping and at times have substance dependencies. Given the nature of those that we work with, and the trade-offs we have to make between providin8 support Services wh ich carry some risk5 against the alternative of providing no support services, we will always carry some reputational risk if something untowa rd happens, if we m isjudge a risk, or if outside bodies criticise the judgements and trade-offs, we are having to make dailv. Financial Risk During the last financial year, we strengthened our income streams, once again receiving housing benefit and a Iso a n increase in our corporate support through local bus inesse5. There is fundraising challenge more than ever as we continue to grow. We balance the revenue need to cover the costs of running the welfare service and salaries for a growing staff team alongside the ca pital fu nds needed to enable the development and launch of our long-awaited Drop~in Centre, whilst also meeting our long-term mortEage commitments. Responsibilities of the Directors The directors are responsible for preparing the Annual Report and the Financial Statements in accorda nce with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accou nting Practice). Page 9 of 23 Charity number: 1149480 Company number.. 08232340
UnityMK Annual Report and Financial Statements for the year ending 30 April 2024 th The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparingtheiraccounts in accordance with the Financial Reportingstandard applicable in the UK and Republic of Ireland published on 16 July 2014. In preparing these financial statements, the directors are required to: Select suitable accou nting policies a nd then apply them consistently Observe the methods and principles in the SORP FRS102 Make jud£ement5 and estimates that are reasonable and prudent State whether applicable UK Accounting Standards have been followed, subject to anv material departures disclosed and explai ned in the financia I statements Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The directors are responsible for keeping proper accounting records that disclose with reasona ble accuracy at any time the financial p051tion of the charitable company and enable them to ensure that the f inancial statements comply with the Compa nie5 Act 2006. The directors are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention of fraud a nd other irregularities. In so faras the directors are aware: There is no relevant audit information of which the charitable company's independent examiner is unaware; and The directors have tal(en all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the independent examiner Is aware of that information, Small Company Provisions This report has been prepared in accordance with the special provisions for small compan ies under Part 15 of the Companies Act 2006. Independent Examiner Stephen Dunham of Broughton, Milton Keynes was appointed under section 487121 of the Companies Act 2006. Richard Wightman, Chair th 06 December 2024 Page 10 of 23 Charity number.. 1149480 Company number.. 08232340
UnltyMK Annual Report and Financial Statements lor the year ending 30 April 2024 Independent Examiner's Report I report to the directors of UnityMK, Milton Keynes on the accounts for the year ending 30, April 2024 which are set out on pages 12-21. Respective responsibilities of director5 and examiner The Charity's directors consider that an audit is not-required for this year under section 144121 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: examine the account5 lunder section 145 of the 2011 Act) follow the procedu res laid down in the Genera l Directions given by the Charity Commission (under section 14515llbl of the 2011 Act), and state whether particular matters have come to my attention. Basis of Independent examinerf5 report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as directors 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 'true and fair, view, and the report is limited to those matters set out in the statement below. Independent examiner's statement During my examination, no matter has come to my attention: which gives me reasonable cause to believe that, in any material respect, the requirements.. o to keep accountlng records in accordance with section 130 of the 2011 Act,. and o to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act,. have not been met,. or to which, in my opinion, attention shou Id be drawn to enable a proper understanding of the accounts to be reached, Independent Examiner Stephen Dunham ACMA CGMA Broughton, Milton Keynes 06th December 2024 Page 11 of 23 Charity number.. 1149480 Company number: 08232340
UnityMK Annual Report and Financial Statements for the year ending 30 April 2024 th Statement of Financial Activities (incorporating income and expenditure) Unrestricted Restricted Total Funds 22123 Income., Donations: Individual Donations Group/Corporate Donations Gift aid Total Donations Charitable Activities Capital Grants & Donations Investments Other Total Income 79,430 80,262 13,067 172,758 89,983 15,290 14,492 2,244 32,026 43,183 113,534 94,720 94,754 15,310 204,785 133,166 113,534 1,691 52,910 506,085 95,223 72,265 11,209 178,697 242,908 93,218 302 44,725 559,850 1,691 52,910 317,342 188,743 enditure.. Raising Funds Charitable Activities Loan Interest Legal & Professional fees Depreciation Total Expenditure 6&8 7&8 37,988 247,587 14,252 1,628 12,062 313,517 360 91,682 38,348 339,269 14,252 7,504 13,807 413,180 48,382 317,390 10,688 205,536 14,930 596,926 5,876 1,745 99,663 Surplus/{Deflclt}/ for the year 3,825 89,080 92,905 {37,076) Transfer Between Funds io 78,560 178,5601 Net Movement In Funds 82,385 10,520 92,905 {37,076) Total funds brought forward 262,626 25,127 287,753 324,829 Total funds carrled forward 345,011 35,648 380,659 287,753 Page 12 of 23 Charity number.. 1149480 Company number.. 08232340
UnityMK Annual Report and Financial Statements for the year ending 30 April 2024 th th Balance Sheet as at 30 April 2024 Unrestricted funds Restricted funds 2023/24 Total 2022123 Total Note Fixed Assets li 545,324 545,324 559,198 Current Assets Cash at bank Debtors & Prepayments 12 13 454,439 12,667 467,106 36,021 500 36,521 490,460 13,167 503,627 119,486 4,899 124.385 Creditors: amounts falling due within one year Creditors & Accruals 14 127,9041 1874 128,7771 186,4591 NET CURRENT ASSETS 439,203 35,648 474,850 37,926 Creditors: amounts fallin8 due after more than one year 15, 16& {639,5151 1639,5151 1309,371) TOTAL NET ASSETS 345,011 35,648 380,659 287,753 Charlty Reserves Restricted Restricted- Property development Designated - Property Reserve Unrestricted Total Funds 24,240 11,408 46,567 12 1,4401 220,199 124,812 380,659 218,844 43,782 287,753 The notes on pages 14 to 21 form part of these f inancial statements. For the financla l year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the companyto obtain an audit of its accounts forthe year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to the accounting records and for the preparation of the accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companie5, regime. These financial statements were approved by the directors of the Charity on 06th December 2024, and are signed on their behalf by: RICHARD ERIC WIGHTMAN Chair & Direttor LINDA CHERRI Finance Director ON Page 13 of 23 Charity number: 1149480 Company number.. 08232340
UnityMK Annual Report and Financial Statements for the year ending 30 April 2024 Notes to the Accounts Basis of accounting and accounting policies The financial statements have been prepared under the historic cost convention and in accordance with the applicable United Kingdom accounting stsndards and comply with the Charities (Accounts and Reports) Regulations 2008 issued under the Charities Act 1993 and with the SORP FRSIO2. Resources Expended Expenditu re has been accounted for on a n accruals basis and has been classified under headings that aggregate costs within a category. Fixed assets All fixed assets are initially recorded at cost. Depreclatlon All assets are written off over their useful econom ic lives. The Ilves presently in use are.. Buildings.. 50 years Plant & Equipment.. 5 years Office Equipment.. 3 years Corporate & Group Donations Corporate/Group donations include gifts from companles and a variety of group fund rai5in8 activities from various supporting groups, schools, and employee groups. Much of this money is received through charity fundraising site5, such as JustGiving and Localglving. The Gift Aid that is claimed through the fu ndraising sites on these donations is Included In thls item, Charltable Activities Income on charitable activities represents grants received from local authority and va rious trusts & foundations. Milton Keynes City Council made grants during the yea r which included £25,000 towards Utilities and operating costs at Unity Park Station. The su m also included grants made towards food a nd volu nteer provision to provide meals for the guests of the council's male night shelter housed upstair5 above UnityMK's welfare centre. Grants from Trusts & Foundations included £25,000 unrestricted grant received from Lloyds Bank Foundation. Among others, restricted Brants include grant5 from Personal Group and Mazars Charitable Trust as detailed out in Note 18.2. Capital Grants & Donations These are the restricted funds specifically received towa rds construction work at Unit I, Glyn Square, Wolverton. Page 14 of 23 Charity number.. 1149480 Company number: 08232340
UnltyMK Annual Report and Financial Statements for the year ending 30 April 2024 Notes to the Accounts {continuedl Other Income Other income includes housing benefit which resumed in 2021/22 due to the reopening of seasonal night shelters after Covid. In 2023/24 there was no rental income as the tenancy ended in August 2022. Expenditure on Raising funds The total cost includes fundraising employment costs, contractor costs and other adm in costs incurred in fundraising activities. Breakdown of expenditure on Charitable Activities 2023124 Restricted 2022123 Total Unrestricted Total Staff salaries & Volu nteer costs Venue costs Guest Transport Guest Support Utllitles Governance costs Support Costs Admin Costs 148,797 20,432 6,898 3,116 28,780 361 48,131 18,276 13,929 7,128 196,928 38,708 20,826 10,244 28,780 361 174,909 34,544 14,365 23,506 20,016 720 24,516 14,687 247,587 2,700 1,518 91,682 27,216 16,206 339,269 19,067 30,263 317,390 Ilncludes compllance costs such as data protectlon fees. 2Support costs Include operational costs such as bulldlng malntenance, IT, trainlng and recrultment. 3Admln costs Include Insurance, marketing and other office expenses. Employment Costs Within Raising Funds and Charitable Activities following employment costs are included.. 2023/24 2022123 Wages & Salaries Social Security Cost5 Pension 204,496 10,094 5,648 220,238 182,391 7,523 4,581 194,495 No employee received benefits of more than £60,000 during the year. During the year the charity employed an average of I full time staff and 9 part time staff12022123: 1 full time and 9 part timel. Trustees do not receive remuneration but are reim bLrrsed for expenditure incurred on behalf of the charity. Expenses of £30312022123- £2,374) were reimbursed to trustees in respect of admin istration and operational costs incu rred by the charitv. Page IS of 23 Charity number: 1149480 Company number.. 08232340
UnityMK Annual Report and Financial Statements for the year ending 30 April 2024 th Notes to the Accounts {continuedl Legal & Professional Fees Higher Legal & Professional Fees in 2022123 is architect fees paid for the development of freehold property at Unit I, Glyn Square, Wolverton. 10 Transfer between Funds In the year there was a reallocation of £78,560 architect fees from U nrestricted to Restricted Propertv Development reserve. In 2022/23, due to the lack of funds in Restricted Property reserve, this cost was expended from Unrestrlrted reserves. 11 Fixed Assets Land & Buildings Plant & Equiprnent TOTAL Cost As at 30th Aprll 2024 581,995 10,606 592,601 Accumulated De Brought forward Charge in the year Carried forward reclatlon 125,2201 111,6401 (36,8601 18, 1831 12,234) (10,417) 133,4031 113,8741 147,277) Net Book Value th As at 30 April 2023 556,775 2,423 559,198 th AS at 30 Aprll 2024 545,135 188 545,324 12 Cash at Bank The large cash balance was the result of drawing down monies in preparation for the Phase I ca pital works to make our Wolverton building watertight. 13 Debtors and Prepayments 2023/24 2022123 Prepayments Trade Debtors Total 3,140 10,028 13,167 2,649 2,250 4,899 Page 16 of 23 Charity number.. 1149480 Company number: 08232340
UnityMK Annual Report and Financial Statements for the year ending 30 April 2024 Notes to the Accounts (continued) 14 Creditors 14.1 Amounts falling due within one year 2023/24 2022123 Bank loans and overdrafts (see Note 131 Accrued costs Total 8,921 19,856 28.777 28,560 57,899 86,459 14.2 Amount5 fallin8 due after more than one year 2023/24 2022123 Bank loans Secured (see Note 131 Unsecured Loan (see Note 141 Total 316,015 323,500 639,515 309,371 309,371 15 Secured Debt The following secured borrowing is included within creditors.. 2023/24 2022123 8ank loans 324,936 337,931 The freehold of the property Unit I, Glyn Square, Wolverton was purchased on 8th March 2021. As of 30th April 2024, the mortgage outstanding stood at £324,93612023.' £337,931). This is secured on the property and is repayable over 20 yea rs, expiring March 2041.1 nterest was charged at a f ixed rate for the first 36 months ending in March 2024. Since then, it is at a variable rate. The principal and interest are repayable in monthly instalments over the term of the mortgage. 16 Unsecured Debt The following u nsecured loan is included within creditors: 2023/24 2022/23 Unsecured Loan 323,500 To support Phase I construction work at Unit I, Glyn square, Wolverton, an unsecured loan has been provided by an individual and supporter of the charity. The loan bears simple interest at whichever is the higher of an annual rate of 1.5°h or an annual rate of 2,25°A below the Bank of England base rate published from time to time. The loan was drawn down on 28th March 2024 with repayments commencing 18 months after this date. I nterest is accrued daily, for the period of the loan and payable once the capital loan has been repaid. Page 17 of 23 Charity number.. 1149480 Company number.. 08232340
UnityMK Annual Report and Financial Statements for the year ending 30 Aprll 2024 th Notes to the Accounts (continued) 17 Reserves 2023124 2022/23 Unrestricted Designated Restricted Property Development. Restricted. Total Reserves 124,812 220,199 11,408 24,240 380,659 43,782 218,844 121,4401 46,567 287,753 * Details of restricted funds are included in Note 18. In 2021, a deslgnated property fund was created to reflect the purchase of Unit I, Glyn Square, Wolverton. This represents the net book of the property excluding outstanding mortgage commitments. Restricted Property Development fund represents funds restricted for Phase I construction development. Designated Reserve 2023/24 2022/23 Net book value on 30 April Mortgage liability on 30 April Total Reserves 545,135 1324,9361 220,199 556,775 1337,9311 218,844 Page 18 of 23 Charity number.. 1149480 Company number: 08232340
UnityMK Annual Report and Financial Statements for the year ending 30 April 2024 Notes to the Accounts {continued) 18 Movement in funds 18.1 Fund5 held durlng the year: At 30104123 Net Movement At 30/04124 Unrestricted funds General funds Designated fund- Propertv 43,782 218,844 262,626 81,030 1,355 82,385 124,812 220,199 345,011 Restrlcted funds Wolverton Building Project National Lottery Community Fund Food and Night Shelter Funding Personal Medical Group West Midlands Trains Ltd MHCLG, Welfare restricted donations Mazars Charitable Trust Girdler5' Company Charitable Trust The Screwfix Foundation Central Milton Keynes Town Council The Julia & Hans Rau5ing Trust 121,4401 29,098 3,750 13571 16,5191 1241 11,7451 124,3781 8,939 2,446 2,160 500 13,3511 10,520 7,658 3,750 3,177 2,500 3,756 3,534 9,019 3,780 1,745 25,138 760 8,939 2,446 2,160 500 3,351 25,127 35,648 Total Funds 287,753 92,905 380,659 IWolvertDn Buildlng Project and Natlonal Lottery Community Fund form part of Restritted Property Developrnent reserve. 2MHCLG- Ministry of Housing, Communltles and Local Government. Thi5 was previously called Department for Levelling Up, Housin8 and Communlties IDLUHCI. Page 19 of 23 Charity number: 1149480 Company number.. 08232340
UnityMK Annual Report and Financial Statements for the year ending 30 April 2024 Notes to the Accounts (continued) 18.2 Details of income and resources expended during the year: Incoming Resource5 Resources Expended Movement In funds Unrestricted funds General and designated funds 317,342 (234,9571 82,385 Restricted funds Wolverton Building Project National Lottery Community Fund Food and Night Shelter Funding Personal Medical Group West Midlands Trains Ltd MHCLG, Welfare restricted donations Mazars Charitable Trust Girdlers, Company Charitable Trust The Screwfix Foundation Central M ilton Keynes Town Council The Julia & Hans Rausing Trust 113,534 3,750 29,495 13,500 184,4361 29,098 3,750 13571 {6,519) 1241 11,745 124,3781 8,939 2,446 2,160 500 13,3511 10,520 129,8531 120,0191 1241 (1,745) 126,7791 17,7241 12,5541 11,740} 2,401 16,663 5,000 3,900 500 13,3511 (178,2231 188,743 Total Funds 506,085 (413,1801 92,905 IMHCLG- Minlstry of Hous1ng, Communltles and Local Government. This was previously called Department for Levellin8 Up, Houslng and Communlties IDLUHCI. Page 20 of 23 Charity number: 1149480 Company number.. 08232340
UnltyMK Annual Report and Financial Statements for the year ending 30 April 2024 th Notes to the Accounts (continued) 18.3 Purpose of funds held Restricted Fund name Wolverton Building Project Purpose Appeal to secure funding to renovate and refurbish the property at Glyn Square Wolverton, to provide a hub for welfare and other support services in the local area Wolverton Capital Project Funding To purchase food and bedding and equipment for guest5 and for the Night Shelter To support the provision of services at Unity Park Station To su pport the provision of services at Unity Park Station Grant administered through Homeless Link to 5UPPOrt the homeless during the Covid pandemic To provide accommodation, clothes, travel tickets etc for guests To help guests with costs of finding employment Preparing the Homeless for Employment To support projects that will fix, repair, maintain and improve properties and community facilities specifically for those in need. To provide storage facility for the guests to store valuables as well as organisin8 Storage forthe UPS site To provide welfare, food and support services National Lottery Community Fund Food and N ight Shelter f unding Personal Medical Group West Midlands Trains Ltd MHCLG Welfare Restricted donations Mazars Charitable Trust G irdlers Compa ny Charitable Trust The Screwfix Foundation Central Milton Keynes Town Council The Julia & Hans Rausing Trust Page 21 of 23 Charity number: 1149480 Company number: 08232340
UnityMK Annual Report and Financial Statements for the year ending 30th April 2024 Reference and administrative details Registered charity name UnityMK Charity regSstration number 1149480 Company registratlon number 08232340 Registered office The Ridgeway Centre, Featherstone Road, Wolverton Mill South, Milton Keynes MK12 5TH The CharitV5 director5 The directors and officers who have served the Charity during the f inancial year are as follows.. Rlchard Wlghtman Ichairl Linda Cherrington Emily Desborough Donna Elliott Donna Harri5 Ire5igned November 2023) Emily Purchase Wedgwood Swepston Iresigned November 2023} Dave Morris (appointed April 20241 Company Secretary Judith Dutton Independent Examlner Stephen Dunham, Broughton, Milton Keynes Bankers Lloyds Bank plc, 15-17 The Square, Wolverton, MK12 5DG Sollcltors Kernon-Kelleher 50licitors 7, Barnack Walk Blandford Forum DTII 7AL Website.. www.unit mk.or Facebook: www.facebook.com unit mk Page 22 of 23 Charity number.. 1149480 Company number: 08232340
UnityMK Annual Report and Financial Statements for the year ending 30 April 2024 th Our Supporters This work has been assisted by very welcome grants and donations from.. Accelera Activism Clothing All Saints Church LoLtghton All Saints Chu rch M ilton Keynes Amazon Charitable Foundation Ball Electronics Bidwell Boxberry Gardens Neighbours Brooklands Farm Primary School Christ Church Stantonbury Church of St Mary Magdalene Churches Together in Winslow CMK Town Council Coca Cola Costco Cranswick Convenience Foods David Lock Associates Fortress Distribution Limited Fusemetrix Group Freemasons Girdlers Compa ny Charitable Trust Great Holm and Loughton PC Grahams Plumbers Merchant Greenleys Junior School Homely Spaces Limited Homeless Support Woburn Sands ICAEW Inner Wheel Club, Wolverton John Lewis Kings Court ChapeL Milton Keynes Lee Campbell Lloyds Bank Foundation Loughton Parish Council Lux Clean Major Fitness Mercedes MK Mercer and Hole MIB Imotors insurance Bureau} Milton Keynes City Council M ilton Keynes Lions Central Milton Keynes Soroptimists Milton Keynes Tabernacle MK Chorale MK Watling Rotary Club National Grid Community Matters National Lottery Nationwide Building Soclety - Milton Keynes branches New City Church MK New Life Church Milton Keynes Newport Pagnell Baptist Church Newport Pagnell PCC Newport Pagnell Parochial Church Council Newport Pagnell Slngers Network Rail Neves Solicitors Oakgrove Primary School Oakgrove Singers Personal Assurance Group Polymnia Choir Rotary Club of Woburn Sands Rotary Club of Wolverton and Stony Stratford Screwfix Foundation Shoosmith5 St Pau15 Academv St George's Church, Wolverton St Faiths Church, Newton Longville Stony Radio Stantonbury Parish Council Taylor Wimpey South Midlands The Coal Hatch The Grocers Charitv The JJ H Rausing Trust Thornton College Volkswagen Financlal Servlces Retail UK Waitrose West Midland Trains Wharfside Electrical Wholesa lers Ltd Whitehouse Parish Cou ncil Whitespace Yoga & Wellbeing Studio Yo8a with Eva And finally, to our Trustees, team Iboth employed staff and volunteers), and the venues who have provided a safe place and resources to our winter night shelter guests Thank you Page 23 of 23 Charity number: 1149480 Company number: 08232340