MAIDSTONE CHURCHES WINTER SHELTER
ACCOUNTS
FOR THE PERIOD ENDED 31ST MAY 2023
CONTENTS
| Trustees and Advisers | Page 2 |
|---|---|
| Trustees'report | Page 3 |
| Independent Examiner's Report | Page 4 |
| Statement of Financial Activities | Page 5 |
| Balance Sheet | Page 5 |
| Notes which form part of the financial statements | Page 6 |
MAIDSTONE CHURCHES WINTER SHELTER SUMMARY OF TRUST
The Maidstone Churches Winter Shelter is a charity registered by the Charity Commission and governed by the Trust Deed made 31[st] March 2014, and amended on 15[th] May 2017.
| Trustees | Mr G Mackley - Chairman |
|---|---|
| Mrs W. Foster | |
| Mr M. Hinchliffe | |
| Rev Canon J. Tapper | |
| Miss Z Grzymala | |
| Mrs G McPherson | |
| Registered Office | 6, Buckland Rd, |
| Maidstone | |
| Kent ME16 OSL | |
| Bankers | Reliance Bank Limited |
| 23-24 Lovat Lane, | |
| London EC3R 8EB | |
| CAF Bank | |
| 25 Kings Hill Ave, | |
| West Malling | |
| Kent ME19 4JQ | |
| Independent Examiner | Dr D Jennings |
| Hocker Edge Farmhouse | |
| Friezley Lane | |
| Cranbrook | |
| Kent TN17 2LL |
Charity Commission Reference Number 115673 MAIDSTONE CHURCHES WINTER SHELTER TRUSTEES’ REPORT FOR THE YEAR ENDED 31[st] MAY 2023
The Trustees present their Report and Accounts for the year ended 31[st] May 2023. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP)"Accounting and Reporting by Charities" issued in 2005, and comply with the Charities Act 2011.
Objectives of the Charity
To relieve the needs among persons in the Borough of Maidstone, Kent who are homeless, sleeping rough, or otherwise roofless by:
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Providing hospitality and overnight shelter for homeless people in the winter months.
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Engaging church members and other people in and around Maidstone to volunteer and build supportive relationships with homeless people in Maidstone, without discrimination on the grounds of race, gender, disability, sexual orientation, or religion.
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Working in partnership with other agencies to address the issue of homelessness in Maidstone.
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Undertaking such other purposes in relation to the needs of homeless people as the Trustees may from time to time determine.
.
Summary of the Main Achievements during the Year
We continued to provide accommodation for those homeless who did not fit the criteria established by the Maidstone Borough Council’s own shelter, and also provided an overflow resource when needed. The Charity also provided hot meals every evening during the winter period.
Financial Resu’
The Deficit for the year was £32,116 mainly caused by a drop in Income from Grants and Collections, but also increased costs of hotel accommodation. The Charity still has sufficient reserves to cope with the Winter of 2023/4 and expects to receive an increased flow of Grants and Collections in the coming year.
Signed
August 2023
MAIDSTONE CHURCHES WINTER SHELTER
INDEPENDENT EXAMINER'S REPORT
Report on the accounts of the Trust for the year ended 31 May 2023 which are set out on pages 6 to 9.
Respective responsibilities of Trustees and Examiner
The Charity's Trustees are responsible for the preparation of the accounts. The Charity's Trustees consider that an audit is not required for this year under Section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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the accounts under Section 145 of the 2011 Act;
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follow the procedures laid down in the general Directions given by the Charity Commission under Section 145(5)(b) of the 2011 Act; and
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state whether matters have come to my attention.
Basis of Independent Examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
Independent Examiner's statement
In connection with my examination, matters have come to my attention:
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which gives me reasonable cause to believe that, in any material aspect, the requirements:
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(1) to keep accounting records in accordance with Section 130 of the 2011 Act; and
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(2) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act, have been met to my satisfaction.
Dr. David Jennings Hocker Edge Farmhouse, Friezley Lane, Cranbrook Kent TN17 2LL Date 1[st] November 2023
INCOME AND EXPENDITURE Year Ended 31[st] May 2023 2023 2022
| INCOME | £ | £ |
|---|---|---|
| Corporate Grants | 34,744 | 78,661 |
| GivingAgencies and other income | 5,999 | 3,223 |
| Individual Donations | 12,259 | 6,409 |
| Churches and other Groups | 6,829 | 10,765 |
| Legacy | 0 | 8,781 |
| Dividends from COIF | 1,194 | 816 |
| Total income | £61,025 | £108,655 |
| EXPENDITURE | ||
| Salaries | 50,446 | 50,447 |
| Travelodge | 20,183 | 8,934 |
| Food and Support | 8,760 | 4,075 |
| Insurance | 1,022 | 956 |
| IT andphone | 1,945 | 1,428 |
| General Office expenses | 5,922 | 3,217 |
| Rent | 3,186 | 2,994 |
| Heatingcharges,Annual Report | 2,464 | 4,488 |
| Total Expenditure | £93,929 | £76,539 |
| DEFICIT (Surplus) for Year carried to Reserves |
£-32,903 | £32,116 |
| BALANCE SHEET 31st May 2023 |
2023 £ |
2022 £ |
| Fixed Assets_(Note2)_ | 0 | 0 |
| Current Assets | ||
| Balances at Banks | 33,957 | 68,128 |
| COIF Investment_(Note 5)_ | 40,000 | 40,000 |
| Prepayment_(Note 3)_ | 720 | 720 |
| Less: Creditors_(Note 4)_ | -1,030 | -2,298 |
| Net Assets | £73,647 | 106,550 |
| Represented by | ||
| Reserves from last year | 106,550 | 74,434 |
| Surplus in the current year | -32,903 | 32,116 |
| RESERVES CARRIED FORWARD | £73.647 | £106,550 |
NOTES TO THE ACCOUNTS
1) Accounting Policies
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1.1 Accounting Convention. The financial statements have been prepared under the historical cost convention in accordance with the Financial Reporting Standards for Smaller Entities (Accounting and Reporting by Charities SORP 2005, and the Charities Act 2011.
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1.2 Incoming Resources are recorded gross on aa receivable basis
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1.3 Resources Expended are included on an accrual’s basis
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2) Fixed Assets
No fixed assets were purchased during the year.
| 3) 4) |
Debtors Rent Deposit Creditors falling due within one year: PAYE 1,344 Rent Brochure TOTAL £2,300 |
2023 2022 720 720 353 282 257 395 699 £1,030 |
|---|---|---|
5) COIF Investment
The current Investment of £40,000 was valued at £39,115 as at 31[st] May 2023.
6) Transactions with Trustees and Connected Persons
No trustee or connected person received any remuneration either directly, or indirectly.
7) Commitments not on the Statement of Financial Activities
At 31[st] May 2022 there were no commitments which had been accounted for within the SOFA
.