Charlty reglstratlon number 1153055 Company reglstration number 08503176 (England and Wales) QUEEN'S HALL ACTION ON POVERTY THE BRICK ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
QUEEN'S HALL ACTION ON POVERTY THE BRICK LEGAL AND ADMINISTRATIVE INFORMATION Trustees Ms Kate Forrester Ms Clare Wood Mr5 Jean Groves Dr Paul Plant Mr M Ainscough CBE Mrj Churchward (Appolnted 3 July 20231 (Appointed 20 September 20231 (Appointed 29 May 20241 (Appolnted 29 May 20241 (Appolnted 29 May 2024) {Appointed 29 May 20241 Mr Stuart Entwlstle Karen Hazlehurst Mr Michael Scarisbrick Nell Whitknngham Charity number 1153055 Company number 08503176 Princlp31 address St George's Church Water Street Wlgan Lancashire WNI IDN Reglstered office St George's Church Water Street Wigan Lancashire WNI IDN Audltor Prlme Factor limlted Statutory Audltors 41 Bridgeman Terrace WSgan Lancashire United Kingdom WNII
QUEEN'S HALL ACTION ON POVERTY THE BRICK CONTENTS Page Trustees, report i-ii ststement of trustees, responslbilitles 12 Independent auditor's report 13-15 Statement of financial activlties 16 Balance sheet 17-18 Statement of cash flows 19 Notes to the financial Statements 20-37
QUEEN'S HALL ACTION ON POVERTY THE BRICK TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees are pleased to present thelr annual trustees, report and financial Statements for the year ended 31 March 2023. The financlal statements have been prepared in accordance with the accounting pollcies set out In note I to the financial statements and comply wlth the charity's articles of association, the Companies Act 2006 and 'Accounting and Reporting by Charities: Statement of Recommended Practice appllcable to ¢harlUes preparing their accounts In accordance with the Flnancial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" las amended for accounting perlods commencin8 from l January 20161 Objectives and activltles The charity's objects are the prevention and relief of poverty for the public benefit in Wigary Leigh and surrounding areas. We work with people who are experienclng homelessness, poverty, crisis or worklessne55, by providing support, practical skills and good quality social housin8. The trustees have paid due regard to guidance on public benefit issued by the Charity Commisslon in decldlng what activities the charity should undertake. Vlslon Our vision is to provide a practical response working alongslde people to help them rebuild but also to address and mitigate the root causes of poverty and homelessness. We know that the world is changlng at an unprecedented pace that require5 a dlfferent approach to tacklin8 the complex problems that face our local communitles today. We believe In joined-up working to maximlse our reach and impact. Our provlsion is fully Inte8rated, so that, no matter what the reason for initial contact, people can access all the services we provide, glving them the best all- round chance to Improve their lives and be part of the wlder communlty. Our role as a Brass roots charity gives us an opportunity and a responsibility to speak up about these problems, to help improve the pollcies and systems that affect people's1Sves. We wlll seek to regularly share evidence and storles from our work and those we work alongside, to support wlder conversations around poverty, trauma and social change. Summary: The last 12 months have not been easy. We have faced Increased pressures on our social care system, a cost-of- Ilvin8 crlsls and an aftermath of a pandemic that did not affect us all equally. Throughout this all, our staff and volunteers have gone over and above In their care and support for people who's lives have been shaped by poverty and disadvantage. This report highlights what we have done to meet Increasing need, the range of houslng and support we provlde and shines a Ilght on our amazing people. projects, and success stories. We couldn't do all this work without the support of our staff, volunteers, supporter5, donors, funders, and fundraisers. We want to thank you, because wlth true collaboration to tackle Ilfe's challenges comes the opportunity for change. In the last year tFEre has been an outpouring of care for our community. So many people going beyond thelr professional and civSc duty to help. It IS humbling to receive the support we have, and a prlvllege that we live and work in a borough that works so Urele551y to ensure that no one Is left behlnd.
QUEEN'S HALL ACTION ON POVERTY THE BRICK TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 What we do Allevlate Homelessness The Brick supports people who are experiencing homelessness In Wigan and Lelgh from the street to independent living. Our services Include residential and supporting services for those who, for many reasons and circumstances, are unable to find suitable accommodation to meet their needs. We achieve this via our different stages of accommodation. We currently have a portfolio of 10 properties in Wlgan and Leigh that provlde safe and supportive accommodatlon for up to 96 residents at any one time. We work withln a Trauma Informed Care (TIC} and Psychologlcally Informed Environment IPIEI approach which basically means we focus more on the underlying trauma that caused an individual to become homeless rather than their homeless status. At The Brick we find thls approach vital if we are to truly empower an Individual to succeed with independent living. Whilst having a roof is a great start, we do 50 much more- from helping people to re8lSter with a GP, open a bank account, access benefits, engage with other services to volunteerlng/employment, getting back Into educationltraining, and moving on into independent living. This is Sust the tip of the iceberg though,. in terms of the ernotional support and encouragement our team offer to the people we work alongside. What we are seelng more and more Is an increase in the people comingto us who are experlencing severe and multiple disadvantages, sometimes referred to as "complex needs" This means people who have experience of 2 or more of the following areas, in addition to their homelessness,. Mental111 health Physical ill health Addlction Involvement with the criminal justlce system Violence or abuse Supporting people with some or all of these issues can be challengin8 for our staff, and we ensure they all have access to reflective practlce, emotional support and our Employee Asslstance Programme. We are also grateful for the partnership working across the borough, enabling our staff to work alongside other agencies to provlde the best person-centred support we can. Allevlate Poverty It Is our mlssion to enable people on low Incomes to seek solutions to the Issues affectlng thelr lives. We seek to work with, not do to, knowln8 that people experienclng poverty are the real experts. To do so requlres our staff to bulld relationshlps based on trust. We try to see the whole person, rather than just the speciflc issue for which that particular project ha5 been designed. Our young person'5 homelessness preventlon pathfinder has been deslgned for youn8 people at risk of homelessness. Through coaching, it enables these young people to overcome any challenges that are Impactin8 thelr accommodation. Our prlority Is to work with 18-25-year-olds, but we are able to support people up to the age of 35. We aim to Improve individuals. confidence and resilience to avold longer term homelessness, while supporting them to sustaln an existing tenancy or move Into new accommodation. We belleve that everyone has the right to Ilfe's essentials, whlch includes cleaning and hyglene products as well as food. Our Multibank Is an innovative solution to fight Poverty and fight pollution. We take surplus goods, such as personal hygiene items, bedding and clothing that would have gone to landfill and distribute these goods vla teachers, social workers, and charlties to families in need. We also operate a food community, whlch is set up just Ilke a shop and members can access affordable food wlth dignity and cholce, as well as serving as a springboard to other opportunltles and ideas such as volunteering and classes.
QUEEN'S HALL ACTION ON POVERTY THE BRICK TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Our year In numbers Houslng Support The Brick have a range of commissloned and non-commissloned accommodatlon and tenancy 5UPPOrt projects where we provide interventions to prevent rough sleeping, successful move on to Independence and recovery from homelessness. Housing Support achieved., Opening a new emergency accommodation hub for 20 people In December 2023 to meet increasing demand. Acquirlng 15 self-contained flats wlth 2 flats developed for people with physical disabilities. Opening the Brick Works as an open access engagement centre for people in crisis to recelve housing support. Provlded 14,373 safe emergency beds In 2023-2024 for 422 Individuals. Provided secure long term supported accommodation for 91 indlviduals including speclalist houslng for 23 young people. Our outreach team supported 727 people facing homelessness. We carried out 3,001 support se5slons for people requesting homeless support. We carried out 1.971 independent living mentoring sessions for people livlng in our accommodation. Communlty Support As well as accommodation we offer open access communlty drop-in support at two locations in Wigan and Leigh, offerlng advice as well a5 access to food, essentials, and furniture to help wlth tenancy sustsinment. Community support achleved: 4,026 vlsits to The Brick Works for communlty support 245 Indivlduals supported at The Brick Works with various housing related needs. Youth homelessness Preventlon Project supported 77 young people and delivered 247 support sesslons. 590,378 household Items donated to families struggling with the cost-of-living crisis. Assisted 344 partner organlsations such as schools, charities and social work teams through donatlng items from the multibank 1,805 households have accessed our affordable food community. Supported 454 households wlth free of charge furniture packages. Prevented 1,603 items of furnlture from endlng up In landfill.
QUEEN'S HALL ACTION ON POVERTY THE BRICK TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Volunteers A5 a charity we rely on the support of the community, whether Individuals, groups, or businesses. 160 volunteers have donated 7,407 hours to the charity at a value of £135,236. 22 businesse5 have supported us with corporate volunteers. We would Ilke to thank Bupa, Barclays Bank, Nationwide, Wlncanton, Omnlcell, Vir8in Media, Pet5 at Home, Netball England. Wigan Councll, Royal Navy. Fleet Dynamlc, Stephenson's Solicitors, B&Q, Heinz, Johnsons Honda, SMN Tree Surgeons, Ptizer, Natwest, P&G, Handelsbanken and Wlgan Warriors for thelr support. We encoura8e people with Ilved experience to join our volunteerlng team and aim to deliver incluslve volunteerlng opportunlties that consider the needs and experiences of people with Ilved experience and to support thelr development and progresslon. In 202314 we have supported 21 volunteers with Ilved experience across a diverse range of roles.
QUEEN'S HALL ACTION ON POVERTY THE BRICK TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Fundra15ing and Donatlons Without the backing of our supporters, partners. and volunteers - navigating through the challenges of the last 12 months would have been impossible. The bellef which was shown by our partners gave us the confidence to diversify to meet the growing need- knowlng that we would not be facing these challenges alone. We want to say a special thank you to our major supporters who have been essential to this year Including: Wigan Warrlors Wigan Athletic Wigan Councll Comic Relief Garfield Weston Greenmount Projects Westwood Motor Group Jigsaw Home5 North GMCVO Sport England The Neighbourly Foundation Workers Educational Association The National Lottery The Department of Levelling Up Communlties and Houslng Amazon Rt Hon Gordon Brown Accrol Bell Group Stephenson's Solicitors Chapel House Motor NRB Accountants Vlncents M&Y Malntenance The Alnscough Family Standish Charlties Enterprlse RAC Wlgan Masonic Group
QUEEN'S HALL ACTION ON POVERTY THE BRICK TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Fundraisln8 and Donatlons (continued) Sterling Meat Company Richardson Brothers Foundation Paint Ltd Spotted Bee Wigan Peddlars George and Annette Bell Foundation FubHub Nisa Wigan Town Relief in Need Charlty Forest Recruitment Mac Groundworks Lawrence Hunt & co Lupine Travel Asana Property Group Trustees of the Revd James Bankes Charlties Ashton Trinlty Lodge Standish Energy Llmited Essential HR Lansafe Crown Flooring Online Home shop Proctor and Gamble Mcbrldes Big Issue Invest Social And Sustalnable Capltal Charlty Bank And everyone, who donates money. food, essentials. tokes part infundralslng events, buys Items In our shops, follow5 us and share5 our stories, Thank you for your bellef in our vision and mission and trusting us with the job in hand, The charity adheres to the code of practice of the Fundralslng Regulator. although we are not member of that organisation. We do not engage professlonal fundraisers.
QUEEN'S HALL ACTION ON POVERTY THE BRICK TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The Year Ahead As we look ahead to the next 12 months of considerable challen8e, we have never felt rnore prepared to serve our communlty. In March 2023 we were grateful to be awarded signlficant soclal investment of £2,33m, This loan from SASC'S Social and Sustalnable Housing fund1SASH11) will enable The Brick to purchase 9 two-to-slx-bedroom propertles in Wlgan and Lelgh, which will give us an additional 40 unlts of supported accommodation for people transitionln8 Out of homelessness. In 2024125 we wlll work beyond equality to embrace the vitallty of equlty. Whilst equality ensures falr treatment and access to the same opportunities, equity recognlses that not everyone starts from the same posltion. To do thls we will encourage true collaboration and partnership because we cannot solve longstandlng structural injustices alone. Poverty causes ill health, drlves Inequality in health outcomes und increases use of health servlces, and therefore we look forward to working alongside our partners GP Alliance, We are With You and The Health Outreach Inclusion Team to expand our offer of drop In cllnics to improve health outcomes for the most mar8inalised groups In the most dlsadvantaged places. There is so much to do, and so much profound need, so we are especially grateful to Wigan Athletic and Wlgan Warriors who have put our name to their home, The Brlck Community Stadium, to cement our long-standing relationship. We will use this opportunity to promote wider community Initiatives and develop collaborative partnershlps to sustain our work and together build a compassionate network for change. Flnanclal revlew At the 31 March 2024, the charity had total funds of £487,514 includin8 unrestricted reserves of £469,330 and restricted funds of £18,183. Durlng the financlal year, the charity made a total surplus of £36,593,12023 - £18.7101. Reser¥es pollcy Trustees would seek to have six months, unrestrlcted reserves for all work except the work speciftally pald for by the local authority. This would also glve scope for small scale development5 seekln8 partnershlp funding. The Trustees keep the financial situation of the charlty under review and, in the interests of gocKI financial management, will work towards holding reserves in its unrestricted funds in order to establlsh an appropriate level of working capital and to protect the future operations of the charlty from the effects of any unforeseen and material variations In Its income streams. At the balance sheet date, the total unrestricted funds were £469,330 with unrestrlcted net current assets of £155,809.
QUEEN'S HALL ACTION ON POVERTY THE BRICK TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Prlnclpal sources of Income The charity relies primarily on local authority welfare contracts, grant aid and donations to fund its activities. Our Brlck Skills Programme continues to be funded entirely from public donations and raising awareness of In-work poverty is an Important part of the charlty's strategy. The charity also provldes a specific home for people in-work. who still require some support to sustaln a tenancy, For people who are worklng, or who want to get a Sob, or anyone else who cannot claim housing benefit, supported housing costs can be very hard to pay for. They are often much higher than the rent for an ordlnary flat because the costs cover staffing, as well as furniture, heating and bedding etc. The charity has made a special arrangement to offer this type of accommodation, which is entirely funded through donations because we believe that secure, well paid employment Is the only truly sustsinable pathway out of poverty, The charity has support from a small, local. Independent marketing advisor. This partnership helped to build the charlty's profile across local media outlets and in our own social media and web presence. All surplus funds are held in current bank accounts to enable the charlty to handle its cash flow requirements. The charity trustees have consldered, and are commltted to developing a robust reserve fund In oriÈr to help underpin the charity's long term financlal posltion. Trustees, conslderation of rlsks: Operational rlsks The trustees have assessed the major rlsks to which the charity Is exposed, and are satisfled that Systems are in place to mitigate exposure to the malor risks. The charity works with people who are transitloning from homelessness, are vulnerable, marglnalised or coping wlth poverty. At times, people we work wlth can present challenging behaviour. The charlty keeps health and safety, staff trainlng and safeguarding at the centre of its key prioritles Our operatlonal policles and procedures are followed to ensure client, staff and volunteer safety. Anti-social behavlour by our clients can become an issue in the local area surrounding our project buildlngs, which we endeavour to reduce by groups and activlties taking place. The charity operates from a number of leased bulldings and the trustee5 are aware that they must plan for continulty of operations whatever happens in this regard.
QUEEN'S HALL ACTION ON POVERTY THE BRICK TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Flnanclal risks A main rlsk to the charity is financial with limlted funds available for a charity of thls size and wlth our objecyves in an ever changing financial environment. Managers keep aware of funding opportunities both statutory and non-statutory. Income and costs are closely monitored and actions taken to rectify devlations from budget. The Charity receives income from a wide variety of sources. The income streams include contracts/grants with and from the Local Authority for specilic pleces of work. Cuts to Councll funding have been deep and If these contracts/grants were to reduce or cease, then our work would no longer be able to continue and the financlal liabiifcy would be redundancy costs. The charlty is also reliant on income from the sale of goods In the charity shops a5 well as Income from individual donors and corporate sponsorshlp events. The Trustees have reviewed the financial clrcumstances of the charity and consider that adequate resources continue to be available to fund the activities of the charity for the foreseeable future. Strategy and 5 year Plan The SLT and Trustees published thelr 2023-2028 Business Plan in April 2023. Set against a backdrop of a tough economic climate, with cuts to Local Authority Fundlng and increased demands on our servi¢e5 and in the context of an unprecedented cost of livlng and housing crisis, the next 5 years will be the charlty's most ambitious yet. The 2023-2028 business plan represent5 an ambitious but achlevable strategy for sustainable growth but one that marks a step change for the charlty's development. Our mission Is to transform the communlties in which we work, enabling more people to truly belong, contribute and thrive. To achieve that, we have set five clear. strategic aims.. Increase our Impact, both in terms of number of people we work wlth and the difference we make to their Ilves - IMPACT Be reco8nlsed as the leadin8 homeless and antl-poverty charity locally, brave enough to speak the truth about social injustlces - REFORM Prloritise the development, health and Independence of the people we support but also our staff- WELLBEING Deflne and articulate the vislon wlth strong leadership at the core, encouraging two-way communication and empowerment- LEADERSHIP Have a sustainable business model In place that supports our continued growth- SUSTAINABILITY This plan mark5 a step change for The Brick. Over the next five years we wlll see our Impact and Influence grow both locally and nationally as part of a reform agenda. We will extend our reach with an increased portfolio of housing, bulld on our provlsion across all five prlority areas, and, most importantly, transform more communities, enabling more people to truly belong, contribute and thr5ve. Special thanks and appreciation must go to the staff member5, volunteers. and trustees for all the cOnnUed hard work, passion, and joy they bring to our charity, Structure, 8overnance and management The charlty is a company limited by guarantee , It is governed by the terms set out in Its governlng document, the memorandum and artlcle5 of associatlon. 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 are shown below. We are especially 8rateful to Dr John Parker and Simon Dale who stepped down as trustees after many years of Service to the charity and we want to record our formal thanks to them.
QUEEN'S HALL ACTION ON POVERTY THE BRICK TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Dr J Parker Ms C Ellison Ms Kate Forrester Ms Clare Wood Mrsjean Groves Dr Paul Plant Mr M Ainscou8h CBE Mr J Churchward Mr Stuart Entwistle Karen Hazlehurst Mr Michael Scarisbrick Neil Whittlngham (Resigned 26 July 2023) {Resigned 27 March 2024) (Appointed 3 July 20231 (Appolnted 20 September 20231 (Appointed 29 May 20241 (Appointed 29 May 2024 (Appointed 29 May 20241 (Appolnted 29 May 2024) None of the members of the trustees has any beneflcial 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, Organlsatlonal structure The Charity periodically reviews its membershlp and governance arrangements. Trustees recruitment is managed through a slmple process based on trustees, profiles, skills set and with informal interview. The Charlty has historically been restricted in its abllity to pay the market average for senlor management personnel. Remuneration is reviewed annually. Durlng the year, our senior leadership team Included our CEO, Keely Dalfen and Kerri Pegg, our Operauons Dlrector. The Charity Is led by a team of trustees who meet on a bl-monthly basis and who maintain an active interest in both strategic and operatlonal development5 Declsions are taken as follows: Strategic - by trustees and SLT Operational - by SLT Scheme of delegation - by trustees Trustees take a pro-active role In the governance of the Brick and this approach allows an open and fluid relation5hlp wlth Staff, volunteer5 and trustees. Inducdon and tralnlns of trustees A full induction pack 15 prepared for Trustees contalning information Including charity commisslon guldance, governance documents other charity, strate8ic plan, corporate risk re8lSter, annual report, relevant policies and an overall introduction to the work of the charity, New Trustees are Invited to talk through the InducOn pack wlth the senlor managers and complete a tralning plan. An annual tralning day is held and is supplemented by trustee appr3i5als hosted by the Chalr and senlor manager. Relevant information is emalled to Trustees throughout the year. 10-
QUEEN'S HALL ACTION ON POVERTY THE BRICK TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Interacdon of the charlty wlth the wlder network The Charlty 15 an active member of the GM Network and has also establlshed a partnership wlth the Mayday Trust. This work is especially signlficant for the charity as it has started to embed an asset-based approach to working with people across our services. Trustees. remuneration and transactlons wlth related partles Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior year. Other details of transactions with trustees and related parties are shown in the note5 to these financlal statements. AuditOT In accordance with the company's articles, a resolution proposing that Prime Factor Llmited be reappointed as auditor of the company will be put at a General Meeting, The trustees, report was approved by the Board of Trustees. /k/// Dr Paul Plant Trustee Dated: 24 October 2024 11
QUEEN'S HALL ACTION ON POVERTY THE BRICK STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The trustees, who are also the directors of Queen's Hall Action On Poverty for the purpose of company law, are responslble for preparing the Trustees, Report and the financial statements in accordance with appllcable law and United Kingdom Accountlng Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires the trustees to prepare financlal statements for each financial year whlch gNe a true and fair view of the state of affairs of the charity and of the Incomln8 resources and application of resources, including the income and expendlture, of the charltable company for that year. In preparing these financial statements, the trustees are requlred to: select sultable accounting policies and then apply them conslstently; observe the methods and prlnciples in the Charities SORP; make judgements and estlmates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explalned In the financial 5tatements,' and prepare the financial statements on the going concern basis unless it Is inappropriate to presume that the charlty will continue in operation. The trustees are responsible for keeplng adequate accounting records that disclose with reasonable accurary at any time the financial position of the charity and enable them to ensure that the financlal statements comply with the Companies Act 2006. They are also responsible for safegsjarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 12-
QUEEN'S HALL ACTION ON POVERTY THE BRICK INDEPENDENT AUDITOR'S REPORT TOTHE TRUSTEES OF QUEEN'S HALLACTION ON POVERTY Oplnlon We have audlted the financlal statements of Queen's Hall Action On Poverty (the 'charity'l for the year ended 31 March 2024 which comprlse the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including signlficant accountlng pollcles. The financlal reporting framework that ha5 been applied In their preparatlon 15 applicable law and United Klngdom Accounting Standards, including Flnancial Reportlng Standard 102 The Finoncial Reporting Standard applicable in the UK and Republic of Irelond (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements: give a true and fair view of the state of the charStable company's affalrs a5 at 31 March 2024 and of its incomlng resources and appllcation of resources, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. and have been prepared in accordance with the requirements of the Companles Act 2006. Basls for oplnion We conducted our audSt in accordance wlth International Standards on Auditing IUKI IISAS (UK)) and applicable law. Our responsibilities under those standards are further de5crlbed In the Auditors responsibllitie5 for the audit of the finonclol statements section of our report, We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK. Includlng the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities In accordance with these requirements. We belleve that the audit evidence we have obtalned is sufficient and appropriate to provide a basls for our oplnion. Concluslons relatln8 to golng concern In auditing the financial statements, we have concluded that the trustees, use of the golng concem basis of accounting In the preparation of the financial statements Is appropriate. Based on the work we have performed, we have not Identifled any materlal uncertainties relating to events or conditlons that, individually or collectively, may cast significant doubt on the charity's ablllty to continue as a grsing concern for a period of at least twelve months from when the tinanclal statements are authorlsed for issue. Our responsibilities and the responslbilities of the trustee5 With respect to golng concern are described in the relevant sections of this report. Other Information The other information comprlses the information included In the annual report other than the financial statements and our audltor's report thereon. The trustees are responsible for the other information contained withln the annual report. Our oplnion on the financial statements does not cover the other informatlon and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and. In dolng so, conslder whether the other information is materially inconsistent wlth the financial statements or our knowledge obtained In the course of the audit, or otherwise appears to be materially misstated. If we identify such materlal inconsistencies or apparent materlal mlsstatements, we are required to determine whether this gives rlse to a material mlsstatement in the financial st&ements themselves. If, based on the work we have performed, we conclude that there is a material mi55tatement of thls other information, we are required to report that fact. We have nothlng to report in thls regard. 13-
QUEEN'S HALL ACTION ON POVERTY THE BRICK INDEPENDENT AUDITOR'S REPORT (CONTINUED) TOTHE TRUSTEES OF QUEEN'S HALLACTION ON POVERTY Matters on whlch we are requlred to report by exceptlon We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion.. the information given in the financial statements 15 Inconslstent in any material respect with the trustees, report,. or sufficient accounting records have not been kept; or the financial statements are not in agreement with the accounting records; or we have not received all the information and explanatlons we requlre for our audlt. Responsibilltles of trustees As explained more fully in the Statement of trustees, responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for belng satisfied that they give a true and falr view. and for such internal control as the trustees determine Is necessary to enable the preparation of financial statements that are free from materlal misstatement, whether due to fraud or error. In preparlng the flnancial ststements, the trustees are responsible for assessing the charit¢s abillty to continue as a golng concern, discloslng, as appllcable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations. or have no realistic alternative but to do so. Audltor's responslblllties for the audlt of the flnanclal statements We have been appolnted as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtaln reasonable assurance about whether the financial statements as a whole are free from material mlsstatement, whether due to fraud or error, and to issue an auditor's report that includes our oplnlon. Reasonable assurance is a hlgh level of assurance but Is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a materlal misstatement when it exlsts. Misstatements can arise from fraud or error and are considered material Sf, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basi5 of these financial statements. The extent to whlch our procedures are capable of detecting Irre8ularitles, including fraud, Is detailed below: Irregularities includlng fraud are instances of non-compliance wlth laws and regulatlons. We identified and assessed the risks of material misstatement of the financial statements from irregularitie5, whether due to fraud or error and discussed these wlthin our audit team and with the charlty's management and trustees. We Identified the greatest risks of material mlsstatement of the financlal statements from irregularlties including fraud to be withln the timlng and completeness of 8rant income and Income from council contracts. Our audlt procedures were deslgned to be responslve to these risks, wlthin the legal and re8ulatory framework and other regulations whlch apply to this charitable company to ensu we obtained audit evidence sufficient and appropriate to provlde a basis for our opinion. Owlng to the inherent limltations of an audit, there is an unavoidable rlsk that we may not have detected some materlal misstatement In the financial statements, even though we have properly planned and performed our audit In accordance wlth auditing standards. A further description of our responsibilities is avallable on the Financial Reporknng Council's website at: https'.// www.frc.org.uk/auditorsresponslbilities. Thi5 description form5 part of our auditor's report. Use of our report This report is made solely to the charity's trustees, as a body, in accordance wlth part 4 of the Charities (Account5 and Reports) Regulation5 2008. Our audlt work has been undertaken so that we mi8ht state to the charity's trustees those matters we are requlred to state to them In an auditor's report and for no other purpose, To the fullest extent permltted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed. 14-
QUEEN'S HALL ACTION ON POVERTY THE BRICK INDEPENDENT AUDITOR'S REPORT (CONTINUED) TOTHE TRUSTEES OF QUEEN'S HALLACTION ON POVERTY (GA Clare Jady FCA (Senlor Statutory Auditor) for and on behalf of Prlme Factor Llmited 24 October 2024 Chartered Accountants Statutory Audltor 41 Brldgeman Terrace Wigan Lancashire United Kingdom WNI ITT Prime Factor Limited 15 eligible for appointment as auditor of the charlty by virtue of it5 eligibility for appolntment as audltor of a company under section 1212 ofthe Companies Act 2006. 15-
QUEEN'S HALL ACTION ON POVERTY THE BRICK STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrlcted funds 2024 Restrlcted funds 2024 Total Unrestrlcted funds 2023 Restrlcted funds 2023 Total 2024 2023 Note5 Income and endowments from: Donations and legacles Charitable activlties other tradlng activities Investment5 other income 259,931 2.207,525 454,908 56,213 238,678 316,144 2,446,203 454,908 260,504 1,454,735 563,640 52,939 139,358 313,443 1,594,093 563,640 12,319 14,665 14,665 12,319 2,291.198 192,297 2,483,495 Total Income 2,937.033 294,891 3,231,924 Expendlture on: Raising funds Charitable activltie5 121,593 2,343,192 142,578 2,768.232 142,578 3.052,753 121,593 2,118,892 io 284,521 224,300 Total expenditure 2,910,810 284,521 3,195,331 2,240,485 224,300 2,464,785 Net Income and movement In funds 26.223 10,370 36,593 50,713 132,0031 18,710 Reconclllation of fund5: Fund balances at l April 2023 443,107 7,813 450,920 392,394 39,816 432,210 Fund balances at 31 March 2024 469,330 18,183 487,513 443,107 7,813 450,920 The Statement of linancial activities includes all 8alns and Sos5es recognised In the year. All iome and expenditure derlve from continulng activities. 16-
QUEEN'S HALL ACTION ON POVERTY THE BRICK BALANCE SHEET ASAT31 MARCH 2024 2024 2023 Notes Fixed assets Intanglble assets Tangible assets Investments 16 17 18 2,039 565,195 3,103 571,294 567,235 574,398 Current assets Stocks Debtors Cash at bank and in hand 19 20 2,497 399,679 249,390 1,125 86,623 269,355 651,566 357,103 Credltors: amounts fallln8 due wlthin one year 1212,4251 22 1477.5741 144,678 Net current a55ets 173,992 Total assets less current Ilablllties 741.227 719,076 Credltors: amounts falling due after more than one year {253,714) 1268,1561 23 Net assets 487,513 450,920 Income funds Re5trlcted funds Unrestricted funds 26 18,183 469,330 7,813 443,107 487,513 450,920 17-
QUEEN'S HALL ACTION ON POVERTY THE BRICK BALANCE SHEET (CONTINUED) ASAT31 MARCH 2024 The company Is entitled to the exemption from the audit requirement contained in 5ectlon 477 of the Companie5 Act 2006, for the year ended 31 March 2024, although an audlt has been carried out under section 144 of the Charities Act 2011. The directors acknowledge their responsiblllties for complying with the requirements of the Companles Act 2006 with respect to accounting records and the preparation of tinancial statements. The members have not required the company to obtain an audit of its linancial statements under the requirements of the Companies Act 2006, for the year Sn question in accordance with section 476. These financial statements have been prepared in accordance with the provlslons applicable to companies subject to the Small companies reglme. The financial statements were approved by the Trustees on 24 October 2024 Dr Paul Plant Trustee Company Registratlon No. 08503176 18-
QUEEN'S HALL ACTION ON POVERTY THE BRICK STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash flows from operatln8 actlvltles Cash generated from operations 31 54,732 158,192 Invesdn8 actlvlties Purchase of intangible assets Purchase of tanglble lixed assets Proceeds from disposal of tangible fixed assets Investment income received 13,1921 1143,8421 250 {61.7611 727 Net cash used In Investing activitles 161,0301 {146.7841 Flnancing activitles Repayment of borrowin8S Repayment of bank loans 111,5401 12,127) 110,786} 13,1821 Net cash used In tinanclng activittes 113,6671 {13,968) Net decrease in cash and cash equivalents 119,9651 12,5601 Cash and cash equivalents at beginning of year 269,355 271,915 Cash and cash equlvalents at end of year 249,390 269,355 19-
QUEEN'S HALL ACTION ON POVERTY THE BRICK NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Ac¢ountln8 pollcles Charlty Informatlon Queen's Hall Action On Poverty 15 a private company Ilmited by guarantee incorporated in England and Wale5, The registered office is St George's Church, Water Street, Wigan, Lancashire, WNI IDN. 1.1 Accountlng conventlon The financlal statements have been prepared in accordance with the charity's Igoverning document). the Companles Act 2006, FRS 102 "The Financial Reportlng Standard applicable in the UK and Republlc of Ireland" I"FRS 102") and the Charities SORP "Accounting and Reporting by Charities., Statement of Recommended Practice applicable to charities preparing thelr account5 In accordance wlth the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021" {effective l January 20191. The charity is a Public Benefit Entity as deflned by FRS 102. The financial statements are prepared in Sterling, which is the functlonal currency of the charity. Monetary amounts in these financial Statements are rounded to the nearest £. The financial statements have been prepared under the hlstorlcal cost convention, Imodified to indude the revaluation of freehold properiies and to Include investment properties and certain financial instrument5 at fair valuel. The princlpal accounting policies adopted are set out below. 1.2 Golng concern At the time of approving the financlal statements, the trustees have a reasonable expectation that the charlty has adequate resources to contlnue In operational exlstence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charltable funds Unrestrlcted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to specitic 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 flnanclal statements. Endowment fund5 are subject to speciflc conditions by donors that the capital must be malntained by the charity. 1.4 Income Income Is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that Income will be recelved. Cash donations are recognised on recelpt. Other donatfjons are recognlsed 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 Ald or deeds of covenant is recognlsed at the time of the donation. Legacies are recognised on receipt or otherwise If the charity has been notified of an impending distrlbution, the amount is known, and receipt is expected. If the amount Is not known, the legacy is treated as a contingent asset. Donations of Items to be sold in the charity shop are not included a5 Income in the SOFA on recelpt since the resources needed to ascertain such a valuation outweigh any benefit to the charity of such an exercise. Income 15 recognlsed at the time such donated goods are sold. Where goods are donated to the food communitytr (formerly operated as a food-bankl donattons are not included as income in the SOFA on receipt, since the resources needed to ascertaln such a valuation outweigh any benefit to the charity of such an exerclse. Income Is recognlsed at the tlme such donated goods are sold. -20-
QUEEN'S HALL AcfioN ON POVERTY THE BRICK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcies (Contlnued) Grant Income Is recognlsed on receipt and when it Is known that the grant conditions will be met, except where Income 15 specilically received for future periods, when that portion Is shown as deferred Income. Income from contracted services 15 recognlsed in the perlod to which the work relates. Income from fundralsing activities 15 reco8nised on recelpt. 1.5 Expendlture Liabilities are recognised as expendlture as soon as there is a legal or constructive obligation commitknng the charity to that expenditure, it Is probable that a transfer of economic benefits will be required In settlement and the amount of the obligation can be measured reliably, Expenditure is accounted for on an accruals basls and has been classified under headlngs that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis conslstent with the use of resources. Direct costs that specifically relate to an activity are allocated to that activity. Shared dlrect costs and support costs are apportioned between activlties. The basi5 for apportionment, which is consistently applied and proportionate to the circumstances is: Staffing- on the basi5 of time spent in accordance wlth any particular activity Premises related costs- on the basls of floor space occupied by a particular activity Other, non-specific support costs - on the basi5 of the usage of resources, in terms of time tsken, capaclty used, or other measure5 1.6 Intangible fixed assets Other than goodwlll Intanglble assets relate to costs of the work carried out on the charity's website and are recognised at cost and are subsequently measured at cost less accumulated amortlsation and accumulated impairment losses. Work on the charity's website is expected to benefit the charity over several years with there being an expectation of future economic benefits that are attributable to the asset flowing to the entity. Amortisation is recognlsed so as to write off the cost or valuation of assets less thelr resldual values over their useful lives on the followlng basis.. Webslte 33% 5trai8ht line 1.7 Tanglble flxed assets Tangible fixed assets are Initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impalrment losses. Depreclation Is recognlsed so as to write off the c05t or valuation of assets less their resldual values over their useful lives on the followlng bases: Leasehold land and buildings Leasehold improvements Plant and equlpment Flxtures and fittin85 CompLtters Motor vehlcles 4% stralght Ilne 20°h reducing balance 25% reducing balance 20% reduclng balance 33'A stralght Ilne 25% cost The galn or Ios5 ari51ng on the disposal of an asset is determlned as the difference between the Sale proceeds and the carrying value of the asset, and is recognised in the statement of financlal activities. 21
QUEEN'S HALL ACTION ON POVERTY THE BRICK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles {Contlnued) 1.8 Flxed asset Investments Fixed asset Investments are initially measured at transaction price and are subsequently measured at fair value at each reporting date. A subsidiary is an entfty controlled by the charSty. Control is the power to govern the financial and operatlng policies of the entity so as to obtain benefits from its activities. 1.9 Impalrment of fixed assets At each reporting end date, the charity revlews the carrying amounts of Its tangible and intanglble 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 estimated In order to determine the extent of the impalrment loss lif any). 1.10 Stocks Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprlses dlrect materials and, where applicable, dlrect labour costs and those overheads that have been incurred in bringing the stocks to their present location and condltion, Items held for distribution at no or nominal consideratlon are measured the lower of replacement cost and cost. Net realisable value is the estimated selling prlce less all estimated costs of completlon and costs to be Incurred In marketing, Selling and distribution. 1.11 Cash and cash equlvalents Cash and cash equlvalents include cash in hand, deposits held at call wlth banks, other short-term liquid investments with origlnal maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings In current liabllities. 1.12 Flnanclal Instruments The charity ha5 elected to apply the provisions of Section 11 'Baslc Financial Instruments, and Section 12 '0ther Financlal Instruments Issues, of FRS 102 to all of Sts financial instruments. Financlal Snstruments are recogni5ed In the charlty's balance sheet when the charity becomes party to the contractual provisions of the instrument, Flnancial assets and liabilities are offset, with the net amounts presented in the financial statements, when there Ss a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to reallse the asset and settle the liability simultaneously, Boslcflnancial assets Basic financlal assets, whlch Include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carrled at amortised cost using the effective interest method unless the arrangement constitutes a linanclng transaction, where the transaction is measured at the presert value of the future recelpts discounted at a market rate of interest. Financlal assets classified as recelvable wthln one year are not amortised. -22-
QUEEN'S HALL ACTION ON POVERTY THE BRICK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcies (Contlnued) Baslcfinanclal Iloblllties Basic financial liabillties, 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 payment5 dlscounted at a market rate of Interest. Financial liabllitie5 classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, U51ng the effective Interest rate method. Trade credltors are obllgations to pay for goods or services that have been acqulred in the ordinary course of operations from suppllers. Amounts payable are classified as current Ilabilities if payment is due within one year or less. If not, thev are presented as non-current liabilities. Trade credltors are recognlsed initlally at transaction price and subsequently measured at amortised cost using the effective Interest method. Derecognltlon offinanclal Ilablllties Flnancial liablllties are derecognised when the charitrfs contractual obligations explre or are discharged or cancelled. 1.13 Employee benefits The cost of any unused hollday entitlement 15 reco8nised in the perlod in whlch the employee'5 seNices are received. Termlnation benefits are recognised immediately as an expense when the charlty is demonstrably commltted to terminate the employment of an employee or to provide termlnation benefits. 1.14 Redrement benefits Paymentsto defined contribution retirement benefit schemes are charged as an expense as they falldue. Crltical accounting estimate5 and judgements In the applicatSon of the charity's accounting pollcles, the trustees are required to make Judgements, estimates and assumptions about the carrylng amount of assets and liablllties that are not readily apparent from other sources. The estimates and associated assumptions are based on hlstorical experlence and other factors that are considered to be relevant. Actual results may dlffer from these estimates. The estimates and underlying assumptions are reviewed on an ongolng basls. Revlsions to accounting estimates are reco8nised in the perlod In which the estimate is revised where the revision affect5 only that perl(KJ, or In the period of the revision and future perlods where the revision affects both current and future periods. Income from donatlons and legacles Unrestrlcted funds 2024 Restrlcted funds 2024 Total Unrestrlcted funds 2023 Restrlcted funds 2023 Totsl 20Z4 2023 Donations and gifts Capital grant - amortised against depreclation 237,931 56,213 294,144 246,407 52,939 299,346 22.000 22,000 14,097 14,097 259,931 56,213 316.144 260,504 52.939 313,443 -23-
QUEEN'S HALL ACTION ON POVERTY THE BRICK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from donatlons and legacles Icontlnued) Included in Donations and gifts are a large number of donations glven to the charity by a number of individuals, companies and other organlsations. These have been given to enable the charity to contlnue to carry out its operations to achleve its charitable objectlves. -24-
QUEEN'S HALL ACTION ON POVERTY THE BRICK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from charitable activltle5 Charitable Income 2024 Charltable Income 2023 Wigan MBC Furniture Welfa Other Local Authority Contracts Grants Food community income Charitable rental income Other charltable income 53,661 937,643 254,278 74,226 1,126,395 56,831 1,041,678 138,132 23,556 331,213 2,683 2,446,203 1,594,093 Analysis by fund Unrestricted funds Restricted funds 2,207,525 238,678 1,454,735 139,358 2,446,203 1,594,093 -25-
QUEEN'S HALL ACTION ON POVERTY THE BRICK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from charltsble actlvitles (Confjnuedl The charity receives funding vla various contracts wlth Wlgan Council, as well as a number of grants and other fundlng streams. Detalls of the purposes and main condition5 of these are: Unrestricted income: Furnlture Welfare This fundlng from Wigan Councll Is to refurblsh and equip council 5tock5 of house5 to ensure they are suitable for habitation. Other Local Authority Contracts- These include various income streams derived largely from contracts wlth Wigan Council, to assist it to fulfil its statutory responsibility to care for those resident in the borough who face a variety of challenges including homelessness, Other Grants - These relate to a number of grants receSved to assist the charity with its general charitable aims. Food community income The charlty runs a food communlty provldlng food and other essentfal Items, mostly donated, at subsldlsed prlces Charitable rental income During the year to 31 March 2024, the charlty Increased the amount ol accommodation and support it provided to people in need, and received rental income, funded largely by Housing Benefit, from its tenants. Restricted income: Thls relates to donations and 8rants given to the charity, where the donor has specifically restr£ted the charltable purposes for which the income can be used. Details are shown in a separate note. Income from othertradlng activlties Unrestrlcted funds 2024 Unrestrlcted funds 2023 Charity shop Income and income from cafe Final Finlsh 265.693 189.215 285,348 278,292 Other trading activities 454,908 563,640 Incorne from Investments Unrestrlcted funds 2024 Unrestrlcted funds 2023 Interest receivable -26-
QUEEN'S HALL AcfioN ON POVERTY THE BRICK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Other income Unrestrlcted funds 2024 Unrestrlcted funds 2023 Rent of space in Brickworks Universlty student placements other sundry Income 6,000 7,680 985 6,000 5,320 999 14,665 12.319 Use of volunteers In 202314 160 volunteers have donated 7,407 hours to the charity at a value of £135,236, an average amount of £18.25 per hour. This was calculated uslng the median weekly earnings for 2023 of £682 per week, a method recommended by the NVCO. The value of this gift in kind has not been reflected in the SOFA. EKpendlture on ralslng funds Unrestrlrted funds 2024 Unrestrlcted funds 2023 Fundralsing and publlcity Other fundralslng costs 1,576 8,870 Trading costs Sales commisslon Staff costs 8,329 132,673 112,723 141,002 112.723 142,578 121,593 Total costs -27-
QUEEN'S HALLACTION ON POVERTY THE BRICK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 10 Charltable activlties Charltable Charltable Expendlture Expendlture 2024 2023 Staff costs Travel & subslstence Marketing & advertising Client packs & foodbank Costs of anclllary trading Direct client support costs Security costs for Hubs 1,213,762 19,230 12,751 28,367 153,101 120,359 496,362 881,207 20,457 9,454 94,957 185,721 81,816 379,476 2,043,932 1.653,088 Share of support costs Isee note 111 Share of governance costs (see note 111 914,544 94,277 657,803 32,301 3,052,753 2,343,192 Analysls by fund Unrestricted funds Restricted funds 2,768,232 284,521 2,118,892 224,300 3,052,753 2,343,192 li Support costs allocated to actlvltle5 2024 2023 Staff costs Depreciation Flnance costs Trainlng, welfare & DBS Volunteer expenses Office admin expense5 Premises expenses Governance costs 228,159 68,196 29,355 82,050 4,038 76,081 484,821 36,121 280,569 48,733 26,305 12,099 3,327 55,934 230,836 32,301 1,008,821 690,104 Analysed between: Charitable activities 1,008,821 690,104 -28-
QUEEN'S HALL ACTION ON POVERTY THE BRICK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 li Support costs allocated to activltles Icontlnuedl 2024 2023 Governance costs comprlse: Audit fees Legal and professlonal Accountancy Consultancy fees 2,400 11,687 10,795 11,239 2,496 7,452 10,727 11,626 36,121 32,301 The audltors provide services other than audit to the charity, those costs being shown In Accountancy, above. These non-audit services relate to preparation of payroll and other accountancy services. 2023 12 Net movement In funds 2024 The net movement in funds is stated after chargingllcreditlng): Fees payable for the audit of the charlty's financial statements Depreciation of owned tangible fixed assets Loss on dlsp05al of tangible fixed assets Amortisation of intangible assets 2,400 62,380 4,752 1,064 2,496 48,194 450 89 13 Trustees None of the trustees lor any persons connected with them} received any remuneration or benefits from the charity during the year, except for reimbursement of modest amount5 of expense5. 14 Employees The average monthly number of employees during the year was: 2024 Number 2023 Number Engaged in charitable activlties Engaged in fundraising activite5 En8aged in management and admlnistration 65 50 80 65 Total -29-
QUEEN'S HALL ACTION ON POVERTY THE BRICK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Employees {Contlnuedl Employment costs 2024 2023 Wages and salaries Soclal security costs Other penslon costs 1,382,439 169,168 22,987 1,171,856 81,953 20,690 1,574,594 1,274,499 There were no employees whose annual remuneration was more than £60,000. Remuneration of key management personnel The trustees have devolved responslbllity for the day-to-day running of the charlty to two key management personnel, the CEO and the deputy CEO. During the year, the combined costs of thelr remuneration, Including employer's national insurance and pension costs of these key management personnel was as follows: Aggregate costs of remuneration 2024- £107,748 Aggregate costs of remuneration 2023 - £100,777 15 Taxation The charity Is exempt from taxation on its activities because all its income is applied for charitable purposes. 16 Intanglble fixed assets Web51te Cost At l April 2023 and 31 March 2024 3,192 Amortlsatlon and Impalrment At l AprS12023 Amortisation charged for the year 89 1,064 At 31 March 2024 1,153 Carrying amount At 31 March 2024 2,039 At 31 March 2023 3,103 -30-
ry rfj m i vi gi oin
om
Ln rfj o ty) ¢D 0¢ * tfb mmm ts) Vo
QUEEN'S HALL ACTION ON POVERTY THE BRICK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Tan8ible flxed assets {Continued) The cost of leasehold land and buildings of £240,090 relate to a property at Flrs Lane in Leigh which was acquired so that the charlty could offer accommodation to selected service-users. The cost of leasehold Improvement5 of £353,652 relate to work done at our main site at St Georges, Water Street. Wigan. 18 Flxed asset Investments Other Investments Cost or valuatlon At l April 2023 & 31 March 2024 Carrylng amount At 31 March 2024 At 31 March 2023 2024 2023 Other investments comprise: Investments In unllsted dormant subsidlary Community Warehouse Solutlon Limited Notes 19 Stocks 2024 2023 Finished goods and goods for resale 2,497 1,125 20 Debtors 2024 2023 Amounts falling due wlthin one year: Trade debtors Other debtors Prepayments and accrued Income 211,850 15,851 171,978 53,588 3,431 29,604 399,679 86,623 -32-
QUEEN'S HALL ACTION ON POVERTY THE BRICK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 21 Loans and overdrafts 2024 2023 Bank loans Other loans 156,078 112,208 158,205 123,748 268,286 281,953 Payable withln one year Payable after one year 14,572 253,714 13,797 268,156 The charity has loans as follows: Charity Bank loan of original capital £162,000, repayable by monthly Instalments over 25 years, endlng in May 2046. Interest is charged at 3% above base rate. The loan 15 secured by a fixed charge over the property at Firs Lane, Leigh. The Big Issue Access loan of £142,000, repayable by monthly instalments concluding on April 2026 wth a lump sum payment of £86.000. Interest is fixed at 7%. The loan terms stipulate that the loan must be used for the renovation of the warehouse and working capital. 22 Credltors: amounts falllng due wlthln one year 2024 2023 Notes Bank loan5 Other loans Other taxation and social security Deferred income Trade creditors Other creditors Accruals and deferred income 21 2,177 12,395 54,915 238,032 116,611 238 53,206 2,256 11,541 19,781 89,161 41,426 1,012 47,248 24 477.574 212,425 23 Creditors: amounts falllng due after more than one year 2024 2023 Notes Bank loans Other borrowings 21 153,901 99,813 155,949 112,207 253,714 268.156 -33-
QUEEN'S HALL ACTION ON POVERTY THE BRICK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 24 Grant Income 2024 2023 Deferred income Is Included within: Current liabllities 238,032 89,161 Movements In the year: Deferred income at l April 2023 Released from prevlous periods Resources deferred in the year 89,161 1254,2781 403,149 13,842 1138,132) 213,451 Deferred Income at 31 March 2024 238,032 89,161 Grant income received Is recorded as deferred Income until such time as it Is released to the SOFA to match the expenditure for which the grant was received, or on a time basls, as appropriate. 25 Retlrement benefit schemes 2024 2023 Dellned contrlbutlon schemes Charge to prolit or loss In respect of defined contribution scheme5 22,987 20,690 The charlty operates a defined contributlon pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an Independently administered fund. -34-
QUEEN'S HALL ACTION ON POVERTY THE BRICK NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 26 Restrlcted funds The restrlcted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific condStions by donors as to how they may be used. At l Aprll 2023 Incomlng resources Resources expended At 31 March 2024 Food Community (formerly food-bank) Afghan Relief fund ABEN Garden Lottery Training Fund Brick by Brlck Wildlife Garden Grant B&Q Neighbourly Foundation Manchester Real Change Young People's Emergency Brlck Skills Central DLUHCWlgan Hub Fundraising Gearlng Up ForkLift 35,992 128,367) 11.4641 11,1681 11,0651 1100,117 11991 7,625 1.464 1,168 1,065 100,117 199 5,000 85 5,000 1,473 1,000 47,492 15,375 82,204 500 4.170 5,400 11,5581 1,000 147,4921 115,3751 182,204} 11121 388 4,170 {5,4001 7,813 294.891 1284,5211 18,183 Prevlous year: At l Aprll 2022 Incomlng resources Resources expended At 31 March 2023 Food Community (formerly food-bank} Afghan Relief fund Canal and River Trust Lottery Tralnin8 Fund Levelling Up Housing & Communities Wildllfe Garden Grant B&Q Nelghbourly Foundation Manchester Real Chan8e Other restricted funds 23,196 5,000 4,060 7.560 120,841 1144,0371 13,5361 14,0601 16,4951 164,4771 1969) 1,464 1,065 64,477 1,168 5,000 515 296 199 5,000 85 14301 12961 39,816 192,297 1224,300) 7,813 There were no unfulfilled conditions at the year-ended 31 March 2022 or 31 March 2021, nor contingencles needed In respect of restricted income recognlsed in the year, -35-
QUEEN'S HALL ACTION ON POVERTY THE BRICK NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 27 Unre5trlcted fund5 The unrestricted funds of the charlty comprise the unexpended balances of donations and grants which are not sublect to specific condltlons by donors and grantors as to how they may be used. These include deslgnated funds which have been set aside out of unrestrlcted funds by the trustees for specific purposes. At l Aprll 2023 Incomlng resources Resources expended At 31 March 2024 General fund5 443,107 2,937,033 {2,910,8101 469,330 Prevlous year: At l Aprll 2022 Incomln8 resources Resources expended At31 March 2023 General funds 392,394 2,291,198 12,240,485) 443,107 28 Analysls of net assets between funds Unrestrlcted funds 2024 Restrlcted funds Total 2024 2024 At31 March 2024: Intanglble fixed assets Tangible assets Investments Current assets/lliabllitiesl Long term liabilitie5 2.039 565,195 2,039 565,195 155,809 {253.7141 18,183 173,992 1253,714} 469,330 18,183 487,513 Unrestrlcted funds 2023 Restrlcted funds 2023 Total 2023 At 31 March 2023: Intanglble tixed assets Tangible assets Investments Current assets/lliabilities) Long term liabllities 3,103 571,294 3,103 571,294 136,865 1268,1561 7,813 144,678 1268,1561 443,107 7,813 450,920 29 Operatlng lease commltments -36-