2023-09-30-accounts - Selig

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Section B iknrMtriLthd ¢fKtyrA Tlthro T1[1 fvn fvr Fixed assets lstsngibk assets Tgitrte assets tsgeassets lTh¥esknents F03 INth1S1 INftt141 1110tt161 IN¢Xe1n 627 Current assets Stock3 INote i 1.7 1.755 6,210 In¥e51mth Cash and in har#1 (Kcle 241 TotsluuT•rfassets 810 26.523 32.n3 Creditorn: wKthtsfal¥q IPk• 201 3,2 .TT3 25,443 Totalastsltss a¥Mi&•es B13 .371 Cteditor5.' nts one year INde201 Pio¥lgiM5 forfithhl TO naawts w1itreS Funds of the Chanty End¢entlUnd5INQte 2n 37.4[ 37.4fpJ .371 10.012 10.012 11.435 14, UDrestrided Iw RalualM e1Ve Blg 27. r<d 821 27.3&9 10,01 37. 26.371 thett*tt5 CC17alEx 151171J)24

Structure, Governance and Objectives

The Selig (Suffolk) Trust was registered with the Charity Commission as a charity and with Companies House as a company limited by guarantee in November 2012.

In May 2014, the Trust became a Charitable Incorporated Organisation governed by a foundation constitution and our trustees, who are appointed by co-option to form a Board with a relevant range of skills and expertise.

The Trust is a Christian charity working to prevent social exclusion and helping those who find themselves excluded for whatever reason, to reintegrate into society by providing hope and hospitality to those of all faiths, and none.

The Trust passed a special resolution in May 2022 to update the terms of our governing document in the following ways:

Adopt inclusive language, reflecting the Trusts purpose of inclusion.
Add a term limit of 5 years after which each Trustee automatically retires
Trustees may seek reappointment for one further term of 5 years.
No Trustee may serve more than 10 years.
This change reflects Charity Commission best practice guidance.

Strategy

During the year the strategy of the Trust was to:

Transform our Ipswich Winter Night Shelter project to adapt to local need by creating a new project based in the same property.
Provide year-round supported accommodation in the new project - with the sole focus of empowering people to end their homelessness through employment. We aimed to open this new project in the Spring of 2023.
Develop the work of our Hope into Action franchise project by finding partner churches and opening our fifth Hope into Action home.
Demonstrate the love of Christ, through provision of our new project and Hope into Action homes, to those who have become homeless.
Provide opportunities for local volunteers of all faiths and none to provide appropriate care and hospitality to those we serve.

Trustees Report 2022/23

Selig• (Suffolk) Trust

Page 2 of 6

SectionA Statement o	f fin	ancia!ac	tivities
	z
			Restricted
Recommendedcategoriesby	p	U nrestricted	income	Endowment			Prior year
activitY	(,	funds e	funds €	funds f	Totalfunds €		funds €
lncomingresources(Note3)		F01	F02	F03		F04	F05
lncome and endowmentsfrom:
Donations and legacies	s01	53,205	219,815		273.020		257.950
Charitableaclivaties	s02	64.552				64,552	21,377
Olher trading actNilies	s03
lnveslments	s04
Separatemateialitem of income	s05
Other	s06
Total	s07	117.756	219.815		337.572		279.327
Resources expended(Note6)
Expenditure on:
Raising funds	SOB
Charilableaclivities	s09	104.104	221.238		325.342		303,230
Separale material item of expense Olher	s10 s11	1,200			t-	1,200	1,200
Total	s12	105,304	221.238			326.542	304,430
Netincome/(expenditure) beforeinvestment
gains/(losses)	s13	12,452	1,423			11,029	25,103
Nelgains/(losses)on investments	s14
Netincome/(expenditure)	s15	12,452	1,423			11,029	25.103
Extraordinaryitems	s16
Transfersbetweenfunds	s17
Otherrecogni3edgains/(losses):
Gains and losses onrevaluationoffredassetsfor thechaaiiy'sown use	s18
Olhergains/(losses)	s19
Netmovementinfunds	s20	12,452	1,423		[	11,o2e	25,103
Reconciliation of funds:
Tolalfunds broughlfoMard		14,936	11,435			26,371	5',1.474
Total funds carriedforward		27,388	10,012			37,400	26,371

SectionB
	ooz
	o c		Restricted
	!	Unrestricted	income	Endowment	Totalthis	Total last
	o	funds €	fundst	funds €	year €	year €
Fixed assets		F01	F02	F03	F04	F05
lntangible assets (Note15)	801
Tangible assets (Note14)	802	627			627	928
Heritage assets (Note16)	803
lnvestments (Note17)	804
fotalf,xedassels	805	hlt			627	928
Current assets
Stocks (Note18)	806
Debtors (Note19) lnvestments (Note17.4)	807 808	1,755			1,755	6,210
Cashat bank andinhand(Note24)	809	38,303			38.303	lo,1zJ
Totalcurrentassets	810	40.058			40,058	32t35
Creditors:amountsfallingduewithin
oneyear (Note20)	811	3.285			3,285	7,290
Netcurrentassets/(I iabi Iities)	812	36,773			36,773	25.443
fota,assetslesscurrentliabilities813		37.400			37,400	26,371
Creditors:amountsfallingdueafter
oneyear (Note20)	Br4
Provisionsfor liabilities	815
fota,net assetsor liabilities	816	37,400			37,400	26,371
Funds of theCharity
Endowmentfunds(Note27)	817
Restricted income funds(Note27) Unrestrictedfunds Revaluation reserve	818 819 820	27.388	10,012 -_r		10,012 27,388	11,435 14,936
Totalfunds	821	27,388	10,012		37,400	26,371
Signedbyoneor twotruslees onbehalfofall						Dateof
thetrustees	Signature			PrantName		approval
						dd/mm/vwy

	hlhe cas€ofpedormance relatedgrantsincome muslonry berecognised to lheenenl
	thatthechaityhasprovdedlhe specined goods or seNrc€s asenllement lo lhe grant
	onlyocculs whon ihe perlormance relaled conditions aro met (516FRS102SORP). Legacies are included 'n the SOFArtenrcc€iDtrsprobable.that is.r,vhenthere has b€en grant olprotralelhe erecrnors nave eslablished thal there are sumcienl assetsinlie estale and any conditions altached to the legac) areeifierwiihin inecontrololthe charity
Govemmentgrant!	Thechadynasreceived govemrnent grantsinthereportngpenod
	GifiAdrec€ivabl€ ls includedi,incomer{ien iiereisa vatid d€claration from llre donor AnyGfl Aid amounl recoveredona donation is considered tobepedoffiaiginand15 treatedas anaddilion loiiesame lundasthe initial donation untsss the donororthe tenns ol lhe appeal havespeofedoiheMse

SectionC	Notestotheaccou	nts		(cont	)
Note3	Analysis of income
			Rostrict.d
		Unrestrict6dincome
		t0nd3	funds	fondrIotalf'rnds
				€	e
Oonataons	Donaionsandqifts	26.167		26,167	57.334
and logacios	GifiAid	27.O37		27037	25.481
	Leqacres
	Generalqrants providedbygovernmenvother
	charities		21S,815	219 815	175.135
	Membershipsubscriptionsand sponsorshrps
	which are insubstance donations
	Donaledgoods,facilitiesandservices
	Other
	Total	53,205	219.815	273,020	257,950
Charitable activitles:	Housing Benefit	38.940		38.940	14554
	Renlallncome	16.448		16448	3.966
	PersonalCharges	7.736		7,736	2.857
	Olher	1.427		1427
	Total	u.552		64.552	21.377
Othertrading
activities:
	Other
	Tolal
lncom6Irom	lnlerestincome
invostmentsl	Dividend income
	Rental and leasinq rncome
	Other
	Total
Separate
materialitsm
of lncome:
	Total
Other:	Conversaon ofendowmenl fundsinto income
	Gain on disposal ofalangible lixed asset
	held for chanty's ownuse
	Gain ondisposalofaprogrammerelated
	inveslment
	Royalties from theexploitationof intellectual
	Droperlyriqhls
	Olher
	Total
TOTALINCOME		111756	219.815	337,572	279.327
Otherinformation
Allancome intheprioryearwasunrostrictedexceptfor:
(please provide	descriptionand amounts)
Wher€ any endowmentfundi6convortedintoincome in the
reporting perlod, please givo the rcason for theconve6ion,
Whereanyendowmonttundis convcrted into incomeinthe
priorperiod.pleaseglve the reason for the conversron.
Withln the income ilems above thefollowingitems are
material:(pleasedisclose the nature, amount and anypor
yearamount!)

Note4 Analysis of re	ceipts of governme	nt grants
					Thisyear
		Description			€
Government grant'l	LocalCouncilIBC				1,170
Government grant2	NationalGovernment	DLUHC			25,901
Government grant3	NationalGovernment	DLUHC
Government grant4
Government grant5
Government grant6
Government grant7
GovernmentgrantI
Other
			Total		97,670
					Lastyear
		Description			t
Government grant1	Local Council				26.108
Government grant2	Local Council				s00
Governmentgrant3	National Government				24,952
Government grant4
Government grant5
Governmentgrant6
Governmentgrant7
Government grantI
Other
			Total		51.560
	This	ar	Last	r
Pleaseprovidedetailsof any
untultied conditions andother
contingencies attachingtogrants
thathavebeenrecognised in income.
	This	r	Last	r

Note5 Donated goods,facili	tiesand servic	es
			This year	Lastyear
			a	€
Seconded staffHIAUK			2,851
Useofproperty
Other
			2,851
	This	f	Last
Pleaseprovide details of the
accounting policy for the recognition
andvaluation of donated goods,
facilitiesandservices.
Pleaseprovide detailsof any
unrulfilled conditions and other
contingencies attaching to resources
from donated goodsandservicesnot
recognised in income.
Pleasegive details of other formsof
other donated goodsandservices not
recognisedinthe accounts,eg
contributionof unpaid volunteers.

SectionC	Notes to theaccounts	Notes to theaccounts		con
Note6 Analysisof	expenditure
		This year			Last	year
	Un.ostrictedRestricred
Analysis	lunds	income tunds					Totalruod.
Ex nditure on raisin funds			€				€
lncurred seeking donations
lncurred seeking legacies
lncuredseeking granls Operatingmembershipschemesand socrallollefles					E	---_]
Staging fundraising events
					I
Fund.aising agents Operaling charity shops Operatingatrading company undertakinq non-charilable trading activity					F
Adverlasrng,marketing. direct mail and
oublicitv
Startupcosts incurredingenerating
newsourceoffutureincome
Database development costs
Other trading activilies
lnvestment manaqement costs
Podfolio manaqement costs
Cosl of oblaining inveslmenl advice
lnveslmenl adminislralion costs
lntellectual property licencing costs
Rent collection. property repaiG and
maantenancecharges
Totalexpsndilurcon raisingtunds
Expendilure on charilableactivities
Salaries	0	111916	1 11.916	33.424	87 986		121.410
Laundryandfood costs
Training expenses	1.662	60s8	7.760	251			251
Insurance costs	3,107		3.107	2.735			2.735
Renl andrates	'13.681		13.681	20.208	473		20.681
Pnnting andstatronery	383		383	568			568
Offceexpenses	4072	4.603	8675	4.808			4.808
Legal andprofessronal	547		547	1 134			1.134
Heating and lighling	3 429	4877	8.306	6959			6,959
Websileandcomputer costs	742	3122	3.904	3.962			3962
Guesl expenses
Travelandsubsistence	1.045		1045	979			979
House repairsandset up cosls				610			610
Depreciation	301		301	276			276
lpswichWnterNighl Shelter costs				4.953	396		5 349
CivicDrivecosts	28.930	21.780	50.710	15.617	66 067		81.684
HIACosts	45.798	68842	114641	39.929	10,1 14		50.043
Church Homeless Trust Spending	368		368		1.781		1.781
Allotmenl
Total erponditure on charitable
activities	104104	221.238	325.342	136,413	166.817		303,230

Separatematerialitemofex e lndependentexamination lndependentexaminationprioryradj	1,200		1,200	'r.200		1,200
Total	1,200		1,200	1,200		1,200
Other
Total other expenditure
TOTALEXPENDITURE	105.304	221,23A	326.542	137513	166,817	304,430

Analys	is	ofexp	en	ditureoncharit	able activities
							This	year			Last	year
		Activity	or	programme	Activities undertaken directlv f	Grant funding of activities €		Support Costs €	Totalthis yeat t	Activities undertaken directly €	Grant funding of activities t	Support Costs	Total last year f
Activity	1
Activity	2
Other
Total

Note10 Detailsof certainitemsof expenditure '10.1Feesfor examination oftheaccounts Pleaseproviclecletailsofthe amountpaid foranystatutory externalscrulinyof accountsandotherseruicesprovidedbyyourindependentexaminer. ltnothing waspaidpleaseenter'0' intheappropriatebox(es).
	This f	year	Lastyear c
lndependent examineds fees		600	600
Assurance servicesotherthan audit or independent examination
Taxadvisoryfees
Other fees(forexample:financial advice, consultancy, accountancy services)paid		600	600
to the independent examiner

11.1Staff Costs
		This year	Last year
		€	€
Salaries andwages		106,174	114.926
Social Securitycosts		1,793	3,010
Pension costs (definedcontributionscheme)		3,713	3,474
Other employee benefits
	Totalstaffcosts	'111,680	121,410
Thisyear:

Band	Number of employees	Number of employees
	Thisyear	Last year
€60,000to€69,999
€70,000to€79,999
€80,000to€89,999
f90,000 to f99,999
e100,000to€109,999
	Thisyear t	Lastyear €

	Thisyear		Last year
	Number		Number
		7		7
Total		7		7

Pleasecompletethis notei,thecharityhasany 14.1Cost orvaluation	tangiblelixedasse	ts
	Freeholdland&	Otherland&	Plant,	Fixlures,filtings	Total
	buildings	buildings	machinery	andequipment
			andmotor
			vehicles
	€	€	€	€	€
At the beginningofthe year				1.204	1.204
Additions
Revaluations
Disposals
Transfers'
At endoftheyear				1.204	1	204
'14.2Oepreciationand impairments
"Basis	SL or RB(Straight	SLorRB	SLoTRB	SL	SLorRB
	LineorReducing
	Balanc€)
"Rate				25./"
At beginning of theyear				276		276
Disposals
Depreciation				301		301
lmpairment
TransferS'
At endoftheyear				577		577
14.3Net bookvalue
Net book valueatthe beginningoftheyear				928		928
Net book value at the end ol the year				627		627

Note19 Debtors and prepayments Pleasecompletethisnoteifthecharityhasany debtorsorprepayments. SectionC Notesto theacco	(c unts	ont)
19.1Analysis of debtors	Thisyear	Last year
	€	€
Tradedebtors	246	246
Prepaymentsandaccrued income	all	5.292
Other debtors	672	672
	'1,755	6,210

	Thisyear	Lastyear
	t	€
Total

	Amounts fallingdue	Amounts fallingdue	within	Amounts fallingdueafter	Amounts fallingdueafter
	one year			more than one year
	This year	Last year		This year	Last year
	e	€		€	e
			5,928
	2,085		'1,361
Total	2,085		7.289

Note	Cashat bank andinhand 24
		This year	Last year
		f	€
Short	term cash investments(lessthan3months maturitydate)
Short	termdeposits
Cash	atbank andonhand	38,304	26,523
Other
Total		38.304	26,523

,Key: funds	pE-permanent	endowment tunds;EE	-expendible endowment funds;R-restrict	ed income fu	nds,includin	gspecialtrus	6,ofthecha	rity; andU -u	nrestricted
				Fund					Fund
				balances					balances
		TypePE,EE RorUR.	Purpose and Restrictions	brought forward	lncome	Expenditure	Transfers	Gains and losses	carried forwa rd
Fund	names			€	e	€	r	E	e
		R	Operations Manager	11.250		2,851			8,399
		R	RopesTrust -RDcounselling	185		185
		R	SCFHi8hSheriffFundS/Bfood/mealcosts		2,500	887			'l,6'13
		R
		R
Other	funds	N/a	N/a
			Total Funds	11,435	2,500	3,923			10,012

			Thisyear	Lastyear
	Type oIerpenses reimbursed		E	E
Subsistence
Other(pleasespecify)
		TOTAL

Name of thetrustee or reletedparty	Relationship tocharity	Descriptionofthe lransaction(s)		Balance at periodend	Provbion forbacl debtsatperiodend	dunng reportang
			t	t	€	€
I
lnrelationtothe transacttonsabove,		pleaseprovidethe
tensendconctitions,	includinganysecuityand thenaurc
oI anypayment(considedtion)tobe		prcvided in
settlemenL

There heve b€€nnor.l	aledpartytran	sactionsinthe reportingp	eriod(Tr	u€or False)
						Amount3
Nameof thetrustee orrelatedparty	Relationship to charity	O6scriptionofthe transaciion(3)		Balanceat periodend	Provision forbad debt3 atperiodend	witten ofl during rePo.tlng
						period
			t	t	I	f
--T-
ln relation tothetransactlonsabove,		pleaseprovidethe
tetmsandcondttions,	inclucllngeny	securilyend thenaturc
olanypayment(consictetation)tobe		prcvidedin
settlement