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← Somewhere House (Somerset)ltd

2024-03-31-accounts

Charity registration number 1157281

Company registration number 07709335 (England and Wales)

SOMEWHERE HOUSE (SOMERSET) LTD

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

SOMEWHERE HOUSE (SOMERSET) LTD

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Secretary

Charity number

Company number

Registered office

Independent examiner

Angela Clarke Robert Jones (resigned on 18 June 2024) Michael Turner Mandy Ellis (appointed on 18 June 2024)

Victoria Simmons

1157281 07709335 68 Berrow Road BURNHAM-ON-SEA Somerset TA8 2EZ

Price Bailey LLP Chartered Accountants Anglia House, 6 Central Avenue St Andrews Business Park Thorpe St Andrew Norwich Norfolk NR7 0HR

SOMEWHERE HOUSE (SOMERSET) LTD

CONTENTS

Page
Trustees' report 1 - 5
Independent examiner's report 6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9 - 17

SOMEWHERE HOUSE (SOMERSET) LTD

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 MARCH 2024

The trustees present their annual report and financial statements for the year ended 31 March 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, 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 1 January 2019).

Objectives and activities

Somewhere House Somerset Ltd offers the local community in Sedgemoor:

Our aim is to help people in the local community who are finding life difficult including:

Public Benefit

The trustees confirm that they have referred to the guidance in the Charity Commission’s general guidance on public benefit when reviewing the Charity’s aims and objectives and in planning future activities.

We continue to have a team of volunteers who work tirelessly and who have given their time freely to help out with the Charity, whether this is to organise events, raise money, to attending online workshops giving them an opportunity to further their learning and development. The Charity is looking to extend and expand this department over the coming year.

Achievements and performance

Services

Counselling

Many of our contractors who commit to counselling for the charity have been known to us for many years and have built a reputation within the organisation and now with clients in the community. In the last year alone, we have now accumulated over 15,000 hours of contact with children, parents, couples and adults who are in vulnerable situations with their mental health.

Our numbers continue to increase on a weekly basis for two reasons: Firstly because of the ease of access to the service and the model of ‘pay what you can afford’ and secondly because the community have continued to be dominated by the cost of living crisis, the after effects of the Covid-19 pandemic and living in a ‘post covid world,’ which has shocked the world and left many feeling isolated, lonely and adversely affected by their mental health.

The feedback we have received from clients continues to be overwhelmingly positive. In the last year, it has been noticeable that we are once again, able to see more clients face to face – both in a 1-2-1 setting and for example, in schools and colleges.

We have also set up a Drumming Circle this year, which has enabled groups of clients to collectively learn the benefits of drumming.

SOMEWHERE HOUSE (SOMERSET) LTD

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

We are most proud of the diversity in the work we do, helping people through many mental health concerns such as physical, sexual and mental abuse, trauma, addiction, PTSD, domestic violence, eating disorders, suicide ideation to name a few.

Our referrals have continued to increase, which highlights the demand for and need for the type of service we offer. It also demonstrates how our counsellors have adopted a strong working alliance with their clients. In this financial year, due to the continued increase in referrals, we sought to recruit three more counsellors to our team, taking the total to eleven. We continue to offer clients the option to receive counselling in a 1-2-1 face-to-face session, by remote video call and by telephone.

Education workshops

We have been able to return to schools and colleges, seeing thousands of children and young people, supporting with issues such as substance misuse, self harm, bullying and the impact of mental health.

Community projects

Our coffee and chats continue to grow in popularity – these have proven as popular as ever and take place on the last Saturday of the month at Burnham on Sea Baptist Church. We have also opened new Coffee & Chat sessions in Wedmore at the Blue Bird Café and in Bridgwater at the Bridge Café, these have proven to be a big success in a short period of time.

We recently distributed over 70,000 flyers across the Sedgemoor area promoting our Coffee & Chat sessions.

Angie & Mike continue to operate the Conversation with Angie & Mike Podcast, which releases episodes fortnightly, showcasing stories from people of all ages and from all walks of life, from serving Police Officers through to Retired Nurses, Classic Car Restorers, MP’s and even a marketing expert from Taiwan.

Operations & Marketing

Counselling Space

We continue to operate from our portacabin, located in Tesco’s Carpark in Burnham-on-Sea. This also gives us a dedicated location and space that we can make our own. Even during the pandemic and beyond, this has been a useful resource for counsellors to work from, breaking the monotony of working from home environment and ensuring confidentiality boundaries are maintained.

The environment has been and continues to follow our boundaries of lone working. This keeps our counsellors doing face to face work, and the clients they see, safe. A wonderful relationship has developed with Tesco’s and a result of this is that they have allowed us to place the portacabin in the car park free of charge. Tesco’s continue to be supportive of Somewhere House Somerset. The work they do is often not seen or heard, but we are hugely grateful for the work and support they give the charity. This really is local supporting local.

During the year we expanded our face-to-face counselling operation and opened an additional two days per week at the Phoenix Tree, located in the grounds of Salt Express in Highbridge, a local company who kindly allow us to use the space to see vulnerable clients in a quiet, warm and inviting setting and a fair rent.

Throughout the year we have seen an average of 140 clients per week for 1-2-1 Counselling. The true number of clients we support is difficult to calculate due to the wide and varied events and projects we operate, however, conservatively we believe we support circa 10,000 people per year.

Updated website and internet access

Our website continues to have changes made to it to enable client’s easy access and availability to refer themselves to the organisation. We have also increased our awareness on social media to ensure we are reaching out to a diverse community. This includes X (twitter), Facebook and Instagram.

All counsellors have been given an iPad to allow for dedicated access and help for telecom bills if needed. This has all allowed our service to be seamless, extending our support to those in the whole community as well as keeping all parties safe. This has continued and is an ongoing pledge to our team from the board.

SOMEWHERE HOUSE (SOMERSET) LTD

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

Fundraising committee

We have a volunteer led, fundraising committee who carry out activities on a monthly basis and organise community-based events on a regular basis. With community events now able to take place face to face, it’s been lovely to see the coffee and chat events full of people, benefiting from the support available.

Our Christmas jumper activity has carried on and donations for cakes and buying of them has evolved to allow own cake sales and small donations.

We have received donations from those we support, varying from monetary donations, raffle prizes and even a sack of potatoes. We have also been able to continue to support local quiz nights which are community-based events which sponsor local charities. We have also been able to restart the quiz nights which are a community-based event, which sponsor local charities. We have been fortunate enough to be the beneficiaries of these events on a few occasions this year.

We have attended car boot sales, sold donated items and also raising awareness of the charity – both have been positively received.

In August we attended Emergency Services Day in Burnham on Sea, local fetes, and Christmas fayre events.

Our donations have been in excess of £16,000 this financial year, with many individual supporters giving what they can afford towards the cost of their counselling, people who receive no support from us but still pledge monies.

This is evidence of the great work done by our volunteers, who give their time, to help others.

Grant committee

We continue to meet monthly to discuss and explore new sources of funding for the charity, and applications are made for appropriate financial support. We have a volunteer who writes bids weekly, supported by the Trustee board and we have had some good successes in this area. We continue to see tremendous demand for our services and without the support of our funders and doners, we would not be able to do the significant work we do each and every day in the community.

Fundraising

We continue to fundraise at as many different events as we can, alongside sponsored runs, walks and are always looking to welcome new ideas and volunteers to the charity.

Grants Awarded:

Our restricted Grants are detailed below, these are typically project specific or designated to support clients based in a specific local area.

Restricted

Wedmore Community - £1,000 Main Grants - £10,000 Linnett Trust £10,000 Wedmore Ale - £1,500 National Schizophrenia - £20,000 BOS Café -£2,500

Unrestricted

Burnham Rotary - £200

SOMEWHERE HOUSE (SOMERSET) LTD

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

Financial review

The trustees maintain reserves at a level they consider appropriate.

We as an organisation keep money aside as a reserve to protect our charity against drops in income. Our reserves if needed will be used on our aims of the organisation and for emergencies when needed for example if we need to pay staff and the funds currently available.

Total reserves held at the end of the reporting period were £75k (2023 - £122k), of which £75k were unrestricted (2023 - £122k) and £nil were restricted (2023 - £nil).

We try to have 6 months reserve in place for our outgoings insurance, telephone, counsellors, appropriate IT and operational management costs which are the charity’s only outgoings.

This figure £53,000 was our reserve for last year and this will cover our costs to keep the charity running for this period if needed. Our charity’s reserves can be spent when and if needed it is flexible and therefore it is down to the trustees to decide this.

Our reserves policy is reviewed on a yearly basis.

Plans for future periods

Our plans are to continue to provide therapeutic service for people in the community.

Group therapy

The option to run group therapy sessions is something that we can facilitate as a charity.

Reaching isolated communities

We are now operating in two different coffee and chat locations – Burnham on Sea & Locking with a third location about to start.

Structure, governance and management

The charity is controlled by the governing document, the memorandum and articles of association of the company incorporated 18 July 2011, as amended by special resolution registered at Companies House 20 May 2014, and constitutes a company limited by guarantee, as defined by the Companies Act 2006. The charity was registered with the Charity Commission on 2 June 2014.

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:

Angela Clarke Robert Jones (resigned 18 June 2024) Michael Turner Mandy Ellis (appointed 18 June 2024)

Trustees are appointed in accordance with the governing document, the memorandum and articles of association of the charity.

SOMEWHERE HOUSE (SOMERSET) LTD

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Management Committee and Trustees

We have had our charity meetings every month - comprising of charity trustees, counsellors and volunteers to discuss updates with the operations of the charity, highlighting of issues, achievements and potential opportunities to help drive the charity forward. These have been conducted online or in person as restrictions have allowed.

We had our annual AGM in June this year. At this point trustees and committee members will be discussed and changed as appropriate.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and in accordance with the General Directions given by the Charities Commission under Section 145(5)(b) of the Charities Act 2011.

The trustees' report was approved by the Board of Trustees.

Michael Turner

Michael Turner Michael Turner (Wed, 4th Dec 2024 8:35:34 GMT)

Trustee

04 Dec 2024

Date:

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SOMEWHERE HOUSE (SOMERSET) LTD

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2024

Notes
Income and endowments from:
Donations and legacies
3
Charitable activities
4
Other income
5
Total income
Expenditure on:
Raising funds
6
Charitable activities
7
Total expenditure
Net (expenditure)/income for the year being
net movement in funds
Fund balances at 1 April 2023 as previously stated
Prior year adjustment (Note 18)
Fund balances at 31 March 2024		 Unrestricted
funds
2024
£
Restricted
funds
2024
£
Total
2024
£
As restated
total
2023
£
26,360
85,000
111,360
99,032
6,346
-
6,346
13,890
3,026
-
3,026
2,797
35,732
85,000
120,732
115,719
1,350
-
1,350
1,500
81,800
85,000
166,800
114,679
83,150
85,000
168,150
116,179
(47,418)
-
(47,418)
(460)
157,208
-
157,208
122,668
(35,000)
-
(35,000)
-
74,790
-
74,790
122,208

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

SOMEWHERE HOUSE (SOMERSET) LTD

BALANCE SHEET

AS AT 31 MARCH 2024

Notes
Fixed assets
Intangible assets
11
Tangible assets
12
Current assets
Stocks
13
Debtors
14
Cash at bank and in hand
Current liabilities
Creditors: amounts falling due within
one year
15
Net current assets
Total assets less current liabilities
Income funds
Unrestricted funds
Restricted funds		 2024
£
487
5,000
65,772		 £
2023
£
4,199
1,672
214
13,890
145,870
159,974
(38,300)
68,919
74,790
74,790
-
74,790		 £
-
534
121,674
71,259
(2,340)
122,208
122,208
-
122,208

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2024.

The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. 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.

04 Dec 2024

The financial statements were approved by the Trustees on .......................

Michael Turner

Michael Turner (Wed, 4th Dec 2024 Michael Turner 8:35:34 GMT) Trustee Company registration number 07709335

SOMEWHERE HOUSE (SOMERSET) LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

Charity information

Somewhere House (Somerset) Ltd is a private company limited by guarantee incorporated in England and Wales. The registered office is 68 Berrow Road, BURNHAM-ON-SEA, Somerset, TA8 2EZ.

In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity. The number of members during the year was 1 (2023 - 1).

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

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 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity 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 statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors 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

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 received.

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.

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Expenditure is accounts for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

SOMEWHERE HOUSE (SOMERSET) LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

(Continued)

1.5 Expenditure (continued)

Support costs are those functions that assist the work of the Charity but do not directly undertake charitable activities. Support costs include back office costs, finance and governance costs which support the Charity's activities. These costs have been allocated to expenditure on charitable activities.

Governance costs are included in support costs and relate to the direct running of the Charity, allowing it to operate and generate the information required for public accountability. They include the costs of accounts preparation and independent examination.

1.6 Intangible fixed assets

Intangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of amortisation and any impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Website & software

33.3% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment 10% straight line and 33.3% straight line Computers 50% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.8 Impairment 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 indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9 Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.

Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.

SOMEWHERE HOUSE (SOMERSET) LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

1 Accounting policies

(Continued)

1.10 Taxation

The company is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the company is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

1.11 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.12 Financial 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 party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to 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.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

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.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

SOMEWHERE HOUSE (SOMERSET) LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

2 Critical 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 carrying 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 relevant. 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 only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are the estimated useful lives of tangible fixed assets. In determining the estimated useful life the charity considers the expected physical wear and tear of the asset that could lead to obsolescence of the asset. Each year the charity reviews the above to establish if there is any change in the expected useful life of tangible assets.

3 Donations and legacies

Donations and gifts
Donation in kind
Grants
Total donations and legacies
Total 2023 (as restated)		 Unrestricted
funds
Restricted
funds
Total
As
restated
Total
2024
2024
2024
2023
£
£
£
£
21,160
-
21,160
22,532
5,000
-
5,000
5,000
200
85,000
85,200
71,500
26,360
85,000
111,360
99,032
37,532
61,500
99,032

4 Charitable activities

Charitable activities
Counselling & Support
Other income
Other income
Tuck Shop income		 Unrestricted
Funds
2024
£
6,346		 Unrestricted
Funds
2023
£
13,890
Unrestricted
Funds
2023
£
1,111
1,686
2,797
Unrestricted
Funds
2024
£
679
2,347
3,026

5 Other income

SOMEWHERE HOUSE (SOMERSET) LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

6
Raising funds
Fundraising costs
7
Charitable activities
Counsellors
Running costs
Share of support costs (see note 8)
Share of governance costs (see note 8)
Analysis by fund
Unrestricted funds
Restricted funds		 Unrestricted
Funds
2024
Unrestricted
Funds
2023
£
£
1,350
1,500
2024
As restated
2023
£
£
117,392
92,701
3,307
2,841		 Unrestricted
Funds
2024
Unrestricted
Funds
2023
£
£
1,350
1,500		 Unrestricted
Funds
2024
Unrestricted
Funds
2023
£
£
1,350
1,500
As restated
2023
£
92,701
2,841
120,699
43,761
2,340		 95,542
15,837
3,300
166,800 114,679
81,800
85,000		 53,179
61,500
166,800 114,679

SOMEWHERE HOUSE (SOMERSET) LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

8 Support costs

Amortisation
Depreciation
IT expenses
Postage & stationery
Rent & professional fees
Insurance
Advertising
Repairs & maintenance
Miscellaneous expenses
Consultant support
Independent Examiner's fee
Accountancy
Analysed between
Charitable activities		 Support costs Governance
costs
£
£
2,100-
227-
1,882 -
245 -
11,928 -
- -
18,521 -
1,785 -
183 -
6,890
-

-
2,340
-
-		 As restated
2024 Support costs
Governance
costs
£
£
£
2,100
--
227
90-
1,882
1,336 -
245
16 -
11,928
7,557 -
-
1,586 -
18,521
1,461 -
1,785
679 -
183
42 -
6,890
3,070
-
2,340
-
1,380
-
-
1,920		 As restated
2023
£
-
90
1,336
16
7,557
1,586
1,461
679
42
3,070
1,380
1,920
43,761
2,340		 46,101
15,837
3,300		 19,137
43,761
2,340		 46,101
15,837
3,300		 19,137

In addition to the Independent Examiner fees shown above, governance costs includes fees payable to the Independent Examiner in respect of accountancy services of £nil (2023: £1,920).

9 Trustees and related party transactions

None of the trustees (or any persons connected with them) received any remuneration, benefits, or reimbursed expenses from the charity during the year.

During the year ended 31 March 2024, trustee and director Mr R Jones received £6,890 (2023: £3,070) payment for counselling and support provided to the Charity. Amounts outstanding at the year end total £nil (2023 - £nil).

During the year ended 31 March 2024, trustee and director M Ellis received £3,046 (2023: £nil) payment for operational services and support provided to the Charity. Amounts outstanding at the year end total £nil (2023 - £nil).

During the year ended 31 March 2024, payments were made to the company Turnkey I.T. Solutions Ltd for services amounting to £5,375 (2023 - £nil). Trustee and director M Turner is a director of this company. Amounts outstanding at the year end total £nil (2023 - £nil).

10 Employees

The charity does not have any employees. The average number of employees during the year was 0 (2023 – 0).

SOMEWHERE HOUSE (SOMERSET) LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

11 Intangible fixed assets

Cost
At 1 April 2023
Additions
At 31 March 2024
Amortisation
At 1 April 2023
Amortisation charged in the year
At 31 March 2024
Carrying amount
At 31 March 2024
At 31 March 2023
12
Tangible fixed assets
Cost
At 1 April 2023
Additions
Disposals
At 31 March 2024
Depreciation and impairment
At 1 April 2023
Depreciation charged in the year
Depreciation on disposal
At 31 March 2024
Carrying amount
At 31 March 2024
At 31 March 2023		 Website &
Software
£
-
6,299
6,299

-
2,100
2,100

4,199
-
Plant and
equipment
£
Computers
£
902
5,058
1,365
-
-
(1,717)		 Website &
Software
£
-
6,299		 Website &
Software
£
-
6,299		 Total
£
-
6,299
6,299 6,299

-
2,100		 -
2,100
2,100 2,100

4,199		 4,199
- -
Total
£
5,960
1,365
(1,717)
2,267
3,341		 5,608
368
5,058
227
-
-
(1,717)		 5,426
227
(1,717)
595
3,341		 3,936
1,672
-		 1,672
534
-		 534

SOMEWHERE HOUSE (SOMERSET) LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

13 Stocks

Finished goods and goods for resale
14
Debtors
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income		 2024
£
487
2024
£
-
5,000
5,000		 2023
£
214
2023
£
13,890
-
13,890

15 Creditors

As
2024 restated
2023
Amounts falling due within one year: £ £
Accruals and deferred income 2,340 38,300

16 Restricted funds

The incoming funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held for specific purposes:

Counselling and educational workshops

Prior year
Counselling and educational workshops		 Balance at
1 April 2023
£
Income
£
Expenditure
£
Balance at 31
March 2024
£
-
85,000
(85,000)
-
85,000
(85,000)
-
Balance at 1
April 2022
£
As restated
Income
£
As restated
Expenditure
£
Balance at 31
March 2023
£
61,500
(61,500)
-
61,500
(61,500)
-

Restricted funds are received in support of counselling and educational workshops provided by the charity.

SOMEWHERE HOUSE (SOMERSET) LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

17 Analysis of net assets between funds

Analysis of net assets between funds – Current year

Intangible fixed assets
Tangible fixed assets
Current assets
Creditors due within one
year		 Unrestricted
funds
2024
£
Restricted
funds
2024
£
Total
2024
£
4,199
-
4,199
1,672
-
1,672
71,259
-
71,259
(2,340)
-
(2,340)		 Unrestricted
funds
2024
£
Restricted
funds
2024
£
Total
2024
£
4,199
-
4,199
1,672
-
1,672
71,259
-
71,259
(2,340)
-
(2,340)
74,790 -
74,790

Analysis of net assets between funds – prior year

Intangible fixed assets
Tangible fixed assets
Current assets
Creditors due within
one year		 Unrestricted
funds
2023
£
Restricted
funds
2023
£
Total
2023
£
-
-
-
534
-
534
159,974
-
159,974
(38,300)
-
(38,300)
122,208
-
122,208

18 Prior year adjustment

The prior year adjustment relates to an adjustment of £35,000 in deferred income, reducing grant income in 2023 from £106,500 to £71,500 as shown in note 3 and an adjustment of a donation in kind, increasing donations in 2023 from £22,532 to £27,532 as shown in note 3 and increasing support costs from £14,137 to 19,137 as shown in note 8.