si &th) Charlty reglstratlon number 1152392 (England and Wales) Company registration number 08380427 CHORLEY HELP THE HOMELESS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
CHORLEY HELP THE HOMELESS LEGAL AND ADMINISTRATIVE INFORMATION Trustees J O'Flahety P Walkden K Derbyshire E Walker Charlty number (England and Wales) 1152392 Company number 08380427 Registered office 45 Clifford Street Chorley PR7 1SE
CHORLEY HELP THE HOMELESS CONTENTS Page Trustees, report Independent examinerfs report Statement of financial activities Balance sheet Statement of cash flows Notes to the accounts 8-19
CHORLEY HELP THE HOMELESS TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Th8 Trustees present their report and accounts for the year ended 31 March 2024. The accounts have been prepared in accordance with the accounting policies set out in note 1 to tIE accounts and comply with the Charity's Memorandum and Articles of Association, the Companies Act 2006 and 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective January 2019)" Objectives and activities The Charity's objectives are to help people in the community of Chotley who are homeless or threatened with homelessness and to seek to prevent homelessness. The services developed in furtherance of these objectives are.. the provision of housing advice, information, and support servi. the provision of household accessories including clothing, emergency food and food vouchers: the provision of hot food in our Drop-in centre There has been no change in these during the year Publlc benefft statement The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake. Use of volunteers The Charity continues to rely on the support of volunteers to provide administrative support, help in fundraising and provide advice and mediation sepiices to the dients. The Trustees wish to thank all these volunteers for their help during the year. Achlevements and perforniance During the period the Charity has Continued to provide an ongoing service to the homeless community of Chorley, providing advice and practical help such as food, bedding. and household items. In this period Chorley Help the Homeless provided: 2999 food parcels 151 household item packs that include items such as microwaves,toasters and mini fridges 3260 hot lunchtime meal servings 429 advice appointments Our employees and volunteers have continued to help focus resources to highlight the charities work in the local community. provide publicity and to engage fundraising. INe have held several succesthl fundraising events in the local community to raise awareness and funds,including Summer and Christmas Market events and musical performances by local bands in public venues. This yrk has provided several sources of fvnding induding grants from Chorley Brough Council, local businesses and other charitable foundations. The trustees wish to thank all these organisations for their generosity and suPrt during the year. A new emphasis has been placed on fundraising through social media including Facebook appeals as VRII as donations through Just Giving,CAF and PayPal.
CHORLEY HELP THE HOMELESS TRUSTEES. REPORT (CONTINUED){INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Flnanclal revlew The incoming reSoUrS for the year were £114309 (2023:£95.674) which was an increase on last year of £18.635. This was due to an increase in donations and specifically grants received from commercial partners to fund the running of the new premises. Fundraising of £10,082 was achieved during the year. compared to £8,503 last year. Spending during the year arnounted to £88,718 which as an increase of £19,225 on last year. Chorfey Council all0v the Charity to occupy premises at Dorothy House rent free. The Trustees are unable to ascertain the exact value but yuld estimate the donated facilities at £3,900. This has enabled the charity to cover its ongoing premise expenses without using its accumulated reserves. The reserves are SLrfficient lo provide a stable finanaal basis from which the organisation can achieve its objectives. Goods donated to the charity are not included in these accounts as the Trustees are unable to reliably measure the value of the contribution to the Charity. It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between six and twelve month's expenditure. The Trustees Consid that reserves al this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity's Current activities white consideration is given to vrdys in which additional funds may be raised. This level of reserves has been maintained through the year. Rlsk factors The Trustees have assessed the major risks to vthich the Charity is exposed and are satisfied that the systems are in place lo mitigate the major risks. Plans for th• future The Charity has secured further funding to cover support and administrative expenses for the coming year. This will enable the Charty to perform its ongoing objectives. There is still need to acquire funding from fundrdising organised by local group and individuals. Structure, governance and management The Charity is a company limited by guaranlee regISted in England under the number 08380427. The company was incorporated on 29th January 2013 to establish a specific Chorley based charity to take over the running of homeless senfices previously run by Help the Homeless Chorley Limited. From 1 st April 2013 the charity began to operate 8s a separate entity performing its intended objectives. The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: J O'Flaherty J Vvalker P Walkden K Derbyshire L Perkins C Mitchell E Vvalker (Resigned 23 August 2023) {Resigned 31 December 2023) (Appointed 20 September 2023 and resigned 1 June 2024)
CHORLEY HELP THE HOMELESS TRUSTEES, REPORT (CONTINUED){INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The Charity has and will continue to recruit Trustees from Ihe business community and the volunteer community. None of the Trustees have any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up. Related partiès During the year, Chorley Borough Council has provided core funding to the Charity in order to provide additional support to individuals and families within the Community of Chorley who a homeless or face the risk of homelessness. The Trustees, report was approved by the board of Trustees J O'Flah•rty Trustee Dated..
CHORLEY HELP THE HOMELESS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHORLEY HELP THE HOMELESS I report to the Trustees on my examination of the financial statements of Chorley Help Homeless (the Chaiily} for the year ended 31 March 2024. Responslbllltles and basls of report As the Trustees of the Charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the finanaal statements of the Charty are not required to be audÉted under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the Charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)<b) crf the Charities Act 2011. Independent examlnerfs statement I have completed my examination. I confimi that no matters have come to my attention in nnectIOn with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Charity as required by section 386 of the Companies Act 2006. the financial statements do not accord with those records. or the finanaal statements do not Gomply with the accounting requirements of section 396 of Ihe Companies Act 2006 other than any reqU1ment that the financial statements give a true and fair view. which is not a matter considered as part of an independent examination; or the finanaal statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I hav8 no concerns and have come across no other matters in connection with the examination to Ythich attention should be drawn in this report in order to enable a proper understsnding of the financial statements to be reached. Kieran Brophy BAACA Chartered Accourrtant D8ted:........
CHORLEY HELP THE HOMELESS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrfcted Restrlcted funds funds 2024 2024 Totsl Unrestrlctsd Restricted funds funds 2023 2023 Total 2024 2023 Not•s Incom• from: Donations and legacies Charitable activities Other trading activities Investments 50.192 16,740 37,000 66,932 37,000 10,082 295 30.184 13,850 43,100 44.034 43,100 8,503 37 10,082 295 8.503 37 Total Income 60,569 53,740 114,309 38,724 56,950 95,674 Expendlture on: Raising funds Charitable activities Other expenditure 254 50,700 254 88,464 220 16,484 220 64,436 4,837 37.784 47,952 4,837 13 Total expendlture 50,954 37,764 88,718 16,704 52,789 69,493 Net Income and movement In fvnds 9,615 15,976 25,591 22,020 4,161 26,181 Reconclllatlon of funds". Fund balances at 1 April 2023 71,493 16,935 88,428 49,473 12,774 62,247 Fund balane•s at 31 March 2024 81,108 32,911 114,019 71,493 16,935 88,428 The ststement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
CHORLEY HELP THE HOMELESS BALANCE SHEET AS AT31 MARCH 2024 2024 2023 Notss Fixed assets Tangible assets 14 2,366 4,168 Current assets Debtors C8sh at bank and in hand 15 562 112,747 561 85,355 113,309 85,916 Creditors: amounts falling due within one year 16 (1,656) (1,656) Net current assets 111,653 84.260 Total assets less current Ilabllltles 114,019 88,428 The tunds of the Charlty Restricted income funds Unrestricted funds 19 17 32.911 81,108 16,935 71,493 114.019 88,428 The company is entitled to the exemption from the audit requirement contsined in section 477 of the Companies Act 2006, for the year ended 31 March 2024. The directors acknowledge their responsibilities for complying with the requirement5 of the Companies Act 2006 with respect to accounting records and the preparation of financial ststements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the Trustees on ......... J O'Flaherty Trustee Company registration number 08380427 (England and Wales)
CHORLEY HELP THE HOMELESS STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Cash flows from operating activitie8 Cash generated from operations 21 27,097 31.819 Investing activlties Investment income reIVed 295 37 Net cash generated from investing actlvltles 295 37 Nat cash genèrated from financlng actlvltles Net Increase In cash and cash equivalents 27,392 31.856 Cash and cash equivalents at beginning of year 85,355 53,499 Cash and cash equlvalents at end of year 112,747 85,355
CHORLEY HELP THE HOMELESS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles Charlty Infomiatlon Chorley Help the Homeless is a private company limited by guarantee incorporated in England and Wales. The registered office is 45 Clffiord Street, Chorfey, PR7 1 SE. 1.1 Accountlng conventlon These 8ccounts have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. (°FRS 102.), 'Accounting and Reporting by Charities. the Statement of Recommended Practice for charities applying FRS 102, the Companies Act 2006 and UK Generally Accepted Accounting Practice as it applies from 1 January 2019. The Charity is a Public Benefit Entity as defined by FRS 102. The accounts have departed from the Charities (Accounts and Reports) Regulations 2008 onty to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Pradice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Golng concern At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charty has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial ststements. 1.3 Charltable funds Unrestricted funds a available for use at the discretion of the Trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes and is the sum of the Charity's surplus income over the past 3 years Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1.4 Income These are included in the Statement of Financial Activities (SOFA) vthen.. 1. the Charity becomes legally entrtled to the benefit of use of the resources., 2. an infiow of economic benefft is probable,. and 3. the monetary value can be measured with sufficient reliability. Investment income is included on the basis of interest receivable in the year. Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise rf the Charity has been notified of an impending distribution, the amount is knoTr, and reIpt is expected. If the amount is not known, the legacy is treated as a contingent asset.
CHORLEY HELP THE HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles {Contlnued) The value of services provided by volunteers is not incorporated into these accounts as the Trustees are unable to reliably measure their contribution to the Charity. Goods or services are provided to the Charity as a donation that would nomially be purchased from suppliers are not incorporated into these accounts as the Trustees are unable to reliably measure the value of the contribution to the Charity. Grants are recognised when the Charity is legally entitled to them after any performance conditions have been mel, the amounts can b8 m8asured reliably, and it is probable that income will be received. 1.5 Expenditure Liabilities are recognised as soon as an ouffiow of economic benefft is probabl6. Govemance costs comprise of all costs involving the public accountability of the Charity and its compliance with regulation 8nd good practice. These include costs of the preparation and examination of ststutory accounts, the costs of Trustees meetings, rent, subscriptions and Costs of any legal advice to trustees on governance or constitutional matters. All the govefnance costs have been included in expenditure on Charitable Activities. 1.6 Tangible flxed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment108ses. Depreciation is fecognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures and fittings 200h straight line The gain or loss arising on the disposal of an asset is determined as the difference beeen the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Impaimient of fixed assets At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such IndatIOn exists, the recoverable amount of the asset is ests'mated in order to determine the extent of the impairment loss (if any). 1.8 Cash and cash equlval•nts Cash and cash equivalents include cash in hand, deposits held at call wth banks, other short-tenn liquid investments with original matur¢ties of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Flnanclal Instruments The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charity's balance sheet when the Charity becomes paty to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounls presented in th8 financial statements, when there is a legally enforceable right lo set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
CHORLEY HELP THE HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policies (Contlnued) Baslc flnanclal assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price induding transaction costs and are subsequently Carried at 8mortised cost using the effective interest method unless the arrangement constitutes a financing tr8nsaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classffied as receivable within one year are not amortised. Other financial assets Financial assets with fixed or detemiinable payments and fixed maturity dates that the Charty has the positive intent and ability to hold to maturity are classified as held to maturity investments. Held to maturity investments are measured at amortised cost using the effective interest method less any impairment, wilh revenue recognised on an effective yield basis. The effective interest method is a method of calculating the amortised cost of a debt instrument and of allocating the interest income over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts through the expected life of the debt instrument to the net carrying amount on initial recognition. Impaim?ent of financial assets Financial assets, other than those held at fair value through income and expenditure, are assessed for indicators of impairment al each reporting date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset. the estimated future cash flows have been affected. If an asset is impaired, the impaimient loss is the difference ben the Carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in net incomel(expenditure) for the year. If there is a decrease in the impaimient loss arising from an event occurring after the impainnent was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impainnent not previously been recognised. The impaiment reversal is recognised in net incomel(expenditure) for the year. DeCognItIOn of financial assets Financial assets are dere¢ognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the Charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or rf some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able lo sell the Ssset in its entirety to an unrelated third party. 8aslc finan¢ial liabiliti•s Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. 10-
CHORLEY HELP THE HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles (Continued) Other financial liabilities Derivatives. including interest rate swaps and fonvard foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in or in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge. DeCOgnItiOn of financial liabilities Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or cancelled. 1.10 Employee beneflts The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Temination benefits are recognised immediately as an expense when the Charity is demonstrably committed to temiinate the employment of an employee or to provide tennination benefits. 1.11 Retlrement benefits Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. 1.12 Forelgn exchange Transactions in Currencies other than pounds sterling are recorded at the rates of exchange prevailing at th8 dates of the transactions. At each reporting end date. monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss. crftlcal accounting estimates and judgements In the application of the Charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be r818vant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects cnly that period, or in the period of the revision and future periods where the revision aff8cts both current and future periods. 11
CHORLEY HELP THE HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Donatlons and legacles Unrestrl¢t•d Restrlcted funds funds general Total 2024 Total 2023 Donations and gifts Grant re]Ved Donated goods and seD11S 29,292 17,000 3,900 29,292 33,740 3,900 22.750 17,384 3.900 16,740 50.192 16,740 66,932 44,034 Donations and glfts SJP CH Foundation Bolton scien Limited SJP Chorley and Leyland Masonic Booth & Co Scanlon Chorley and Leyland Lions Mayor of Chorley PAR Group Hampshire Global Other 1,000 1.000 1.500 1,000 3,547 3,000 500 2,000 1,200 1,000 17,045 1,000 3,547 3,000 500 2,000 1,200 1,000 17.045 19,250 29,292 29,292 22,750 Grants recelvable for core activities B & Q Foundation ESG Global Energy GXO logistics Jigsaw Homes North Jigsaw Homes-freezer Chorley and Leyland Masonic Chorley & District Building Society Lidl Chorley Council Adult Health and Wellbeing Broughton Charitable Catholic Society Other 10.000 10.000 5,000 5,000 4.840 3,550 1,034 2,500 3.300 3.500 2,400 5,000 5,000 4.840 5,000 5.000 1,250 650 2,000 1,250 650 2,000 1.100 17,000 16,740 33,740 17,384 Donated goods and servlces Rent donated by Chorley Borough Council at an estimated rate of £75 per week 12-
CHORLEY HELP THE HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from charltable activitie8 Restrlcted funds 2024 Rostrlcted funds 2023 Grant fundlng from publlc bodles Services provided under contract Perfonnance related grants 21,000 16,000 27.100 16,000 37,000 43,100 Perfomiance related grants anatysis Grant fundlng Grant fundlng from public from publlc bodlos bodles 2024 2023 Chorley Council Service Level agreement Other 16,000 16,000 Income from other tradlng actlvftles Unrestricted Unrestrictod funds funds 2024 2023 Fundraising events 10,082 8,503 Income from investments Unrestricted Unre8trlctsd funds funds 2024 2023 Interest receivable 295 37 13-
CHORLEY HELP THE HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expenditure on ralslng funds Unrestrlcted Unrestrlcted funds funds 2024 2023 Fundraising and publlclty Staging fundraising events Support costs 254 186 34 254 220 14-
CHORLEY HELP THE HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charltable activities Provlslon of Voucher household scheme and goods, provlslon of accomodati seNices on andfrom Drop in advlce. Centre 2024 2024 Total Provlslon of Voucher 2024 household scheme and goods. provl$lon of accomodati services on andfrom Drop in advlce. Cent 2023 2023 Total 2023 Staff costs Depreciation and impaimient Rent Rates Insurance Light and heat Repairs and maintenance Printing, postsge and stationery Telephone Travelling expenses Sundry expenses Subscriptions and donations Training costs Household goods Fresh food Vouchers redeemed 23,646 23.646 14,527 14.527 1.802 3,900 1,441 494 3,584 1.298 1.802 17,900 1,694 1,334 3,584 1.298 2.202 3,899 1,614 2,202 17.899 1.614 1,292 6,136 20 14,000 253 840 14,000 1,292 3,161 2,975 20 1,756 2,881 471 2.227 2,881 594 235 649 2,126 721 2,195 2,126 721 2,195 235 227 27 2,446 135 8,880 227 27 2,446 15.049 13.720 270 270 8,948 8,948 1.639 4,198 14,914 4,840 1,639 4,115 83 53,146 35,318 88,464 25,432 39,004 64.436 53.146 35,318 88.464 25.432 39,004 64,436 Analysis by fund Unrestricted funds Restricted funds - general 50.700 50,700 37,764 16.484 8,948 16,484 47,952 35.318 39,004 53,146 35,318 88,464 25,432 39,004 64,436 Net movement in funds 2024 2023 The net movement in funds is ststed after chargingl(crediting): Fees payable for the independent examination of the charity's ffinancial statements Depreciation of owned tangible fixed assets 1.802 2,202 15-
CHORLEY HELP THE HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 Trustees None of the Trustees (or any persons connected with them) received any remuneration during the year. 11 Employees The average monthly number of employees during the year V4FS'. 2024 Number 2023 Number Adrninistration Employment costs 2024 2023 Wages and salaries Other pension Costs 23,322 324 14,407 120 23,646 14,527 There were no employees whose annual remuneration was more than £60,000. Remuneratlon of key managem•nt personnel The remuneration of key management personnel was as follows". 12 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 13 Expenditure on Friday Strt Totsl Restricted funds general 2023 2024 Other expenditure 4.837 In March 2021 the Charity moved into new premises at Friday Street and has continued to improve the facilities available for the clients and volunteers. These costs were funded from grants which contributed to a new porch and kitchen facilities. 16-
CHORLEY HELP THE HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Tanglble fixed a88ets FIX1•$ and frttlng8 Cost At 1 April 2023 13,363 At 31 March 2024 13,363 D•pr8ciation and impalrment At 1 April 2023 Depreciation charged in the year 9.195 1,802 At 31 March 2024 10,997 Carrying amount At 31 March 2024 2,366 At 31 March 2023 4,168 15 Debtors 2024 2023 Amounts falllng due wlthln one year: Other debtors Prepayments and accrued income 185 377 184 377 562 561 16 Creditors: amounts falling du• within one year 2024 2023 Trade creditors Accruals and deferred income 489 1.167 489 1,167 1,656 1,656 17 Unrestrictsd funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 Aprll 2023 Incoming resources Resources At 31 March expended 2024 General funds 71,493 60,569 (50,954) 81,108 17-
CHORLEY HELP THE HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Unrestrlcted funds (Continued) Previous year: At 1 Aprll 2022 Incoming rasourc Resources At 31 March expended 2023 General funds 49,473 38,724 (16,704) 71,493 18 Analysis of net assets beiween funds Unrestrlcted funds 2024 Restrl¢tsd funds 2024 Total 2024 At 31 March 2024: Tangible assets Current assetsl(liabilities) 2,366 78,742 2.366 111,653 32.911 81,108 32.911 114.019 Unrestrlctsd funds 2023 Restricted funds 2023 Total 2023 At 31 March 2023: Tangible assets Current assetsl(liabililies) 4,168 67,325 4,168 84,260 16.935 71,493 16.935 88.428 18-
CHORLEY HELP THE HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 19 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. Movement In funds Balance at 1 Incoming Resources Balance at 31 April 2023 resources expended March 2024 CBC -servi agreement Jigsaw-Freezer Jigsaw-vouchers Highfield -vouchers Neighbourly Lidl CBC Training HSF phase 3 HSF phase 4 Neighbourfy B&Q Masons Vlomens centre Watch us grow & Q -Porch Jigsaw 16,000 (15,093) 907 2.620 3.525 315 1,019 750 4,136 7,438 9,297 1,260 205 60 1,200 179 2,620 3,525 315 4,840 (4,840> 1,250 (231} 750 7,000 {2,864) {13,562} (703) 21,000 10,000 1,260 205 60 1,200 650 (471) 16,935 53,740 (37,764) 32,911 20 Related party transactlons There were no disclosable related paty transactions during the year {2023 - none). 21 Cash ganerated from operatlons 2024 2023 Surplus for the year 25,591 26,181 Adjustments for. Investment income recognised in profit or loss Depreciation and impairment of tangible fixed assets (295) 1,802 (37) 2,202 Movements in working capital: (Increase)Idecrease in debtors (Decrease)finuease in creditors (1) 2,279 1.194 Cash generated from operations 27,097 31,819 19-