Charity registration number 1158515
Company registration number 0882S542 {England and Wales)
ARK RESETTLEMENT SERVICES
(A COMPANY LIMITED BY GUARANTEE)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

ARK RESETTLEMENT SERVICES
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
A Linlon- Chair
H Sutcliffe - VI￿ Chair
J Jenkins
G Slowe- Treasurer
M Ford
P Wallace
N Purchase
(Appointed 15 October 20231
Secretary
A Linlon
Senior management
Kingslèy Bempah
Lloyd Walker
Cheif Executive Officer
Director of Housing
Operations
Charlty number
1158515
Company number
08825542
Principal address
Unil 209
28 Lawrence Road
London
N154EG
Reglstered offlce
Unil 209
28 Lawrence Road
London
N154EG
Audltor
AGP Consulting
Q West
Great West Road
Brenlford
TW8 OGP
Bankers
Barclays Bank UK PIC
Epping Branch
Leicester
Leistershire
LE87 2BB

ARK RESETTLEMENT SERVICES
CONTENTS
Pagg
Trustees report
statement of trustees responsibilities
Independent auditorfs report
10-12
Stslemenl of financial activities
13
Balance sheet
14
Stslemenl of cash flows
Notes lo the financial ststemenls
16-27

ARK RESETTLEMENT SERVICES
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their annual report and financial statements for the year ended 31 December 2023.
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 charty's governing document, thè Companies Act 2006 and "Accounting
and Reporting by Charities". Stslemenl of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 (effective 1 January 20191.
ObJectlves and actlvltles
To reconnect people on probation with their communities by increasing their stability, self-confidence, ernployment
and housing opportunities, ultimately ending the cycle of re￿ffendlng.
1. To reduce the factors that lead lo offending such as poverty, soaal exclusion and homelessness.
2. To improve beneficiaries. social and living skills.
3. To provide the stable environment needed for people on probation to integration back into the community.
4. To increase beneficiaries, access to skills training and employment.
Ensure ourwort delive￿ our aims
We review our aims, outcomes and objectives regularly by utilising frameworks from the Charities Evaluation
Services ICES) lo evaluate and monitor our working practices. The nature of our Client base means our work is fast
moving and oftentimes volalile,. therefore we implement a rigorous risk assessment procedure. Using this. we can
manage our ability lo suc¢essftJlly deliver the services to those we are sel up to help. We slay engaged with
changing social policy and liaise with local and national govemmenlal services. ensuring we have a¢¢ess lo the
most up lo date information when conducting reviews.
This review looks at the success of each key activity and the benefits they have brought over the past 12 months lo
our largel service users and wider public lo whom we have a duly of care. We have referred lo the guidanee
contained in the Charity Commission's general guidance on public benefit when reviewng our aim and objectives
and in planning our future aclivilies.
Str&legies forachieving aims snd objectives
Our main objectives for the year continued to be the provision of resetuement support to assist reintegration of
offenders into society. The strategies we used to meet these objectives included..
Primarily providing accommodation as well as a range of support services responsive lo the needs of
offenders and reflective of relevant social care and community standards
Limiting the risk of reoffending and minimising the hami of destructive behaviour patterns for homeless
offenders and the wder London Community.
Improving our knowledge and applicab'on of national standards of service and working towards the
implementation of the National Occupational Standards.
Partnering with stalulory and local community agencies, particularfy the National Probation Services INPSI,
Local Authorities and the Police, Prisons,Social Services, Approve Premises, Home Office lo secure
refetrals and improve the range of support 5ervice5 for service users.
Public benefit
The Trustees have complied with their duty in Section 4 of the Charities, Act 2011 to have due regard to guidance
published by the Charities. Commission on public benefit.
Our main activities focus on the rehabililalion of homeles5 offenders toward heaf(hy, socially responsible and self-
sufficient lifestyles. All activities listed below are undertaken lo progress our charitable purposes for the public
benefit.

ARK RESETTLEMENT SERVICES
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Social investments
Training
We are committed to enhancing our approach lo addressing mental health cOn￿r￿S both within ARKRS and in the
broader community. To this end, we provided specialised training lo staff members, such as Mental Health First Aid
and Equality, Diversity, and Inclusion Awareness. These programs strengthen our methods and deepen our
organisational commitment to mentsl health and inclusivity.
To further improve our servI￿s, we invested in a cloud-based information storage system in 2022. This year, we
have trained our staff to efficiendy utilise the CRM, ensuring that our team is well-equipped to manage client
information and deliver services more effectively.
Volunteers
As a busy charity, we strive lo ensure that our volunteer recruitment process guarantees that volunteers receive
proper training, supervision, and support. Our goal is to create a mutually beneficial experience that enables
volunteers lo gain value from their lime wth us while delivering a higlFqualily service. Over the past year, we had 3
volunteers who supported the CARE project activities, focusing primarily on mental and physical health sessions
where we identified a need for assistance.

ARK RESETTLEMENT SERVICES
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Achlevements and perfom)ance
Significant activities and achievements against objectives
The main areas of our charitable work include the provision of housing, 1."1 support session, signposting to training
and educational services, and advice and infomation. Support is delivered via our community hub, floating support,
supported housing services. We provide support, establishing the recovery support plan and crisis-relapse
intervention, and medication management including monitoring self-medication.
Housing
We acquired new properties wrf(hin the boroughs of Haringey and Enfield, which has provided shared
accommodation for our service users. Housing is provided for a 6 24 month teim, after which service users are
supported lo gain independent accommodation.
In the past 12 months, we have received 205 ￿ferra1$ and provided support lo 225 individuals.. 110 through our
generic services. 35 through OLJr Moving Forward program, 22 individuals through our most recent AFEO Project
(Accommodation for Ex-offendersl service. and 58 individuals through our newly launched CARE (Community
Action to Retrain Ex-offendersl program.
Each accommodation unil is reviewed for health and safely checks and comes wf(h essential goods for living. The
service users are encouraged to live socially and share responsibilities regarding the upkeep lo communal areas lo
help them leam the basic social and living skills.
Moving Fo￿a￿l Project
ARKRS IArf( Resettlement Services) Moving Fotward Project is an innovative Project co-commissioned by Haringey
council and National Probation Service to accommodate and support 25 service Ljsers over 12-18 months.
The support will help to prepare to transition from prison back into the diverse communities of the London Borough
of Haringey. The project aims lo support these service users wth move-on provision for long-lerm sustainable
accommodation. This is lo be delivered alongside transf(ion housing Iprovided by ARKRSI, so they have stability
during the initial transition out of prison.
CARE fCommunilyAction lo Retrain Ex-offendersj
A grant from the City Bridge Trust will enable us deliver a 3-year CARE (Community Action to Retrain Ex-offendersl
Projed, that will support 180 vulnerable people on probation over 3 years (aged 18-301, who are suffering from
social isolation, anxiety, low confiden￿, employment barriers and opportunities to self-develop and integrate In their
communities. Without support, they are al high risk of delerioraling mental health, sustained unemployment,
continued life of low achievement succumbing to the templalion lo re-offend. We are pleased lo say that we are
having pos(tive engagement lo the service since it's launch.
AfEO (Accommodation forEx-off8nd8rsJ
The project will be designed to address the multiple challenges that individuals face upon release from prison,
including finding stable housing, securing employment, accessing healthcare and mental health services, and
building supportive and cohesive relationships in the community. The housing provided Iby Haringey Council) will be
affordable and supportive, offering a safe and stable environment for individuals as they transition back into society
and pro social mindset. The housing wll be in a community that is supportive of individuals who are returning from
prison, with access lo public Iransportalion, employment opportunities, and community services.
Outreach
We have improved our social media channels dedicated to providing up-to-date information about our services.
Additionally, we are curating valuable content for a client-focused newsletter, which will highlight our activities, share
the benefits of our work, and offer important signposts to relevant resources and opportunities.

ARK RESETTLEMENT SERVICES
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2023
We have also achieved a significant outcome related to our strategy. In the past 12 months, we have identified a
need for a Head of Operations, whom we have successfully hired. In addition. we have been working closely with an
agency to develop our long-lerm strategic plan. We have refined our organisab'onal goals and explored avenues for
the nexi decade through research and workshops.
We're pleased to report an increase in successful transitions lo independent living for our service users this year.
We've directly supported them in securing their own accommodation, and additionally, obtained a self-conlained flat
to provide temporary housing for clients who are prepared for greater independence.
We have also introduced several new activities that have enabled service users struggling with low self-esteem and
trust issues to step outside of their comfort zones. Socialising with peers who have overcome adversity, facilitated
by various activities. acts as an effective icebreaker. As a result of these activities, a supportive and fun environment
is created, which encourages open communication and the development of new friendships.
Flnanclal revlew
The charity has spent the past year creating relationships with other organisalions and establishing our working
practices. We are working lo distribute our financial resources effectively and have invested in staff compared lo the
previous year. The contributions of volunteers and support staff throughout the year has enabled us lo develop our
services, helping to generate a positive financial outcome for the period.
We received funding from The John Armvcage Charitable Trust, Haringey Council, Enfield Council, Community Fund,
Tudor Trust, City Bridge Trust. Lloyds Bank Foundation, Trust for London and Social Investment Business. Moving
forward we will actively pursue fundraising opportunities to enable us to increase our resources, particularly the
addition of in-house financial management and staff ￿rith social carelhousing management experience.
The charity's activities for the year generated income of £1,468,86012022.. £1,266,045 restated I which resulted
surplus of £119,87912022." £82,100 restaledl.
The fund as al the year end is £362,18512022', £242.306 restsledl.
ReseThes policy
The Trustees have examined the charitls requirements for reserves in light of the main risks to the organisation.
The main costs of the charity are rent payable to the landlord and staff costs. The rent payable is covered by the
housing benefits received from the councils, leaving an excess to cover some of the staff costs and other expenses.
The remaining costs are covered by receiving grants and donations. The Trustee's policy is that the charity will build
up free reserves sufficient to cover the charity's operating costs for a typical 6 months and that further reserves
should be pul in place lo cover any major expenses ahead of when il is needed.
Principal funding sources
The principal ftjnding sour￿$ for the charity are solely from additional trading income. In order to be sustainable,
the charity must seek funding from other agencies, ulilising the advice from other charitable organisations as well as
the fundraising advisor to identify funding for the future. We are working on a fundraising strategy document lo focus
our needs and in tum improve our funding opportunities.
Investment poI￿Y
The charity is still developing a solid board of trustees,. therefore, we do not currently have a definitive investment
policy. Decisions regarding investment are in development, and wll remain a priority moving fOn￿ard.

ARK RESETTLEMENT SERVICES
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Major risks
Risk management is a key factor in the organisation. Members of the management committee conduct stringent
reviews of the major risks to which the chaiily is exposed. This can come from the services users and their affiliates,
therefore a quartedy risk assessment is made regarding all service users and updated accordingly.
The Management Committee has also conducted a review of the major risks associated with the charity operations
such as funding and resources. Risk management tools have been developed and are updated regularfy. We will
work to improve our risk management procedures. and formalise a risk register. Procedures are in place to ensure
compliance with health and safety of staff, volunteers. clients and visitors lo the properties and to the main office.
These procedures are periodically reviewed lo ensure that they continue lo meet the needs of the charity.
The nature of our client group requires sensitivity and discretion,. therefore, we work dosely with organisalions to
manage risk. Clients include those managed under Multi-Agency Public Protection Arrangements IMAPPAI and
Inlegraled Offender Management IIOMI clients. Their suitability for our services is assessed using a three-stsge
process which helps lo mitigate risks associated wth those with offending histories.
In order lo be considered, referring agency must submit a comprehensive referrals form. If the service user is
deemed eligible an initial assessment is completed, then they are invited to an interview with a reselllemenl offI￿r$.
The final decision is made by an internal review panel consisting of the director, operations manager and support
staff.
Vvhilst we promote social integration and public acceptance of rehabilitated offenders we still understand the need
to manage the risk lo themselves and lo the public. Information regarding the offender's progress is shared with
Probation staff through monthly Ihree-way meetings, regularly al IOM PanellMAPPA. We attend weekly Gang
Information Meetings with the Local aulhorrfties, National Probation Service and the Police.
Challenges faced byARKS due post pandemic and cost of living
There are a number of challenges ARKRS is facing due lo inflation, staffing costs, and staff relenlion, all of which
are increasing substantially. The rising cost of energy and other goods and services will cause expenditures lo
increase more than previously anticipated. We are committed to reducing energy use by monitoring ulilily bills and
switching to green tariffs. Smart meters are being installed in all houses and Hive Home is used to control energy
consumption. Smart energy use enables us to control it remotely for efficient use and lower environmental impact.
Adaplabilty has been key lo keeping consistency within the charity. Keeping produclivily of ARKRS ServI￿S and
keeping service users safe while also making sure we give enough attention to each Individual.
Cost of living" has been a continuous challenge that also affects our clients. Often, service users are trapped in
povety traps as they are faced with a variety of social challenges and boundaries. A majority of our service users
experience discrimination when il comes lo housing and employment. Approximately 900A of our service users do
not have a deposit, a guarantor, or a network of individuals who can assist them in securing a rental propety.
ARKRS is increasingly having to provide funding support to Servi￿ users who may not have enough income to
cover basic necessities. The increasing Servi￿ user wailing list presents us with the challenge of finding suitable
accommodation lo house our service users in the private sector, the accommodation has to be fil for purpose and
have a landlord who is sympalhelic lo the needs ofARKRS service users.
Our experience has tsught us that partnership, collaboration, and close Collaboration are essential lo meeting this
challenge. Our working relationship with local aulhorilies, landlords, and lelling agents was strengthened during the
grant. As part of our work with setvice users. we assist them in identifying the most appropriate solutions and
journeys to become less dependent on benefits. Our strategy consists of strengthening their ETE (Employment,
Training, Education) skills, which indude Education, Training, Employment, and Self-Development skills. In order to
cope with their fears and traumas, we support our clients in seekin9 out counselling services as part of their self-
development.

ARK RESETTLEMENT SERVICES
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Plans for future perlods
Plans are being developed to work on broadening our income spectrum by exploring funding opportunities which
will help to strengthen our outreach initiatives and invest in move on support. We are developing a strong Board of
Trustees with additional members who wll bring other areas of expertise li.e. Legal, finan￿) lo the table to ensure
the Board of Trustees has a wide skillset to offer the staff members. The Board of Trustees are separate from the
staff team and can offer guidance in key areas, help with fundraising efforts, and oversee the smooth operation of
the organisation. Improving relationships with landlords is key lo our growth and success, so we will need lo
establish new relationships with landlords to securing further accommodation.
Over the past year, we began exploring the possibility of becoming a registered social landlord for 2023-2024 to
reduce our main expenditure on leasing properties.
With funding secured throLJgh social investment and
development loans from Trust for London and Social Investment Business, we were able to develop our own
housing stock. 11 is a great pleasure for us lo have achieved this goal, which started us on the path lo acquiring our
first non-leased property. Consequently, we hope lo be able lo Increase our capacity and therefore better serve our
clients.
Ark Resetllemenl servI￿s has successfully acquired its first non-leased property located at 23 Winchelsea Rd, N17
6XJ. We have received a generous support of £17,0000 from Social Investment Business and £300,000 from Trust
for London lo purchase our first property. The property is currently undergoing a loft conversion, which will allow us
to add two additional rooms, thereby maximising our service delivery and support Capabilities.
Structure. governance and management
The organisation is a charitable company limited by guarantee, incorporated on 24th December 2013. The company
was established under a Memorandum of Association which established the objects and powers of the charitable
company and is govemed under its Articles of Association. In the event of the charity being dissolved or winding up
members are required lo contribute an amount not exceeding £10.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to
the dale of signature of the financial statements were..
A Linlon - Chair
H Sutdiffe - Vice Chair
J Jenkins
G Slowe- Treasurer
M Ford
P Wallace
M Reses
N Purchase
(Resigned 15 October 20231
(Appointed 15 October 20231

ARK RESETTLEMENT SERVICES
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Recmilmenl and appointment oftruslees
The directors of the company are also charity Iruslees for the purposes of charity law and under the company's
Articles are known as members of the Management Committee.
Under the requirements of the Memorandum and Articles of Association the members of the Management
Committee are elected to serve for a period of three years after which they musl be re-elected al the next Annual
General Meeting.
Ms Helena Sutcliffe, Mr Andrew Linlon. Ms Jan Jenkins, Mr Gilbert Slowe, Mr Martin Ford, and Mr Paul Wallace
retired by rotation and, being eligible, offer themselves for re-election.
Membership is open to individuals or organisalions who can help to progress and support the work of the charity.
Due lo the nature of our dient base, much of our work is done with male offenders, particularly those of a younger
demographic. To enhance the potential pool of Iruslee5, the charity ulilises support from Bridge Renewal trust and is
networking with local organisalions who can bring their experience and knowledge lo the charity.
The management committee seeks to ensure that the needs of this group are reflected through the diversity and
experience of the trustee body. The membership committee is fomied of key professionals wthin the Haringey
social service sector. We have actively sought to involve service users in the membership committee, and we
pursue suitable members accordingly.
All members of the Management Committee give their time voluntarily and received no benefits from the charity.
Expenses incurred as part of their charitable activities are reimbursed.
We currently distribute the information provided by the Charity Commission, bul we would like lo adapt this to our
own practices, lo include..
The obligations of Management Committee members.
The main documents which set out the operational framework for the charty including the Memorandum
and Articles.
Resourcing and the current financial position as sel out in the lalesl published accounts.
Future plans and objectives.
This will be distributed to all new Iruslees along with the Memorandum and Articles and the lalesl financial
slatemenls.
Org8nis&lional slwcture
Ark Resettlement Services has a Management Committee of up to 7 mernbers who meet quarterfy with occasional
extraordinary meetings and are responsible for the strategic direction and policy of the charity. Al present the
Committee has five members including the directors, from a variety of professional backgrounds relevant lo the
work of the charity.
The Secretsry also sils on the Committee bul has no voting rights.
As per the memorandum and articles of association, the director may delegate any of their powers to a commrttee of
two or more directors. The CEO and Director of Housing Operations have the day to day responsibility for the
provision of services of the charity. The CEO is responsible for overseeing the delivery of the objects and that key
performance indicators are met, He liaises with allied organisalions and has responsibility for the day lo day
management of the charity with support from the Service managers. Key lo the role Is monitoring the overall
progress of the staff, and providing opportunities for stsff training and development lo ensure that good working
practices are mel.

ARK RESETTLEMENT SERVICES
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUED
FOR THE YEAR ENDED 31 DECEMBER 2023
Relationship with W￿rnetwO
The charity ensures that it is kept abreast of local and national policy complimentary to its objects. At national level
offender rehabililalion is spearheaded the National probation Servi￿ INPSI, The Police, The charity has also rnade
links with organisalions that deal with the many issues that offenders may suffer from including, drug abuse, alcohol
dependency, and poor mental health. We have engaged with other voluntary organisations who focus on supporting
our service users.
Auditor
In accordan￿ with the company's articles, a resolution proposing that AGP Consulting be reappointed as auditor of
the company will be put al a General Meeting.
The trustees report was approved by the Board of Trustees.
A Linton- Chair
Trustee
30 October 2024

ARK RESETTLEMENT SERVICES
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
The Iruslees. who are also the directors of Ark Resettlement Services for the purpose of company law, are
responsible for preparing the Trustees Report and the financial stslemenls in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair
view of the stale of affairs of the charity and of the incoming resources and applicaliDn of resources, including the
income and expenditure, of the charitable company for that year.
In preparing these financial st8leTnenls, the trustees are required to".
select suitable accounting policies and then apply them consistenuy.,
observe the methods and principles in the Charities SORP.,
make judgements and eslimales that are reasonable and prudent.,
slate whether applicable UK Accounts"ng Stsndards have been followed, subject lo any material departures
disclosed and explained in the financial slalements", and
prepare the financial slalements on the going concern basis unless r( is inappropriate to presume that the charity
will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and enable them lo ensure that the financial statements Comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for tsking
reasonable steps for the prevention and detection of fraud and other Irregularities.

ARK RESETTLEMENT SERVICES
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF ARK RESErrLEMENT SERVICES
Oplnlon
We have audited the financial statements of Ark Resettlement Services Ithe 'charity'l for the year ended 31
December 2023 which comprise the statement of financial adivilies, the balance sheet, the statement of cash flows
and notes to the financial slatemenls, including significant accounting policies. The financial reporting framework
that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including
Financial Reporting Standard 102 The Financial Reporting Standard applicable the UK and RepublK of Ireland
Iuniled Kingdom Generally Accepted Accounting Praclicel.
In our opinion, the financial slalemenls".
give a true and fair view of the slate of the charitsble Company's affairs as at 31 December 2023 and of its
incoming resources and application of resources. for the year then ended..
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practi￿,.
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUIQ IISAS IUKII and applicable
law. Our responsibilities under those standards are further described in the Auditorts ￿spOnSIbl1rt1eS for the audit ol
the financial slalements 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, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtsined is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial stslemenls, we have concluded that the trustees use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have perfomied, we have not identified any material uncertainties relating lo events or
conditions that, individually or collectively, may cast significant doubt on the charity's ability lo continue as a going
concern for a period of at least fvlelve rnonlhs from when the financial slalements are authorised for issue.
Our responsibilities and the responsibilities of the trustees Imth respect lo going Concern are described in the
relevant sections of this report.
Other inforniation
The other information comprises the information induded in the annual report other than the finamial statements
and our auditorfs report thereon. The trustees are responsible for the other information contained within the annual
report. Our opinion on the financial statements does not cover the other information and we do not express any fomi
of assurance conclusion Ihereon. Our responsibility is lo read the other Information and, in doing so, consider
whether the other Information is materially Inconsistent wlh the financial statements or our kllO￿edge obtained in
the course of the audit, 01 otherwise appears lo be materially misstated. If we identify such material Inconsi51encies
or apparent material misslalemenls, we are ￿quired lo determine whether this gives rise lo a material misstalemenl
in the financial stslements themselves. If. based on the work we have performed, we conclude that there is a
material misslalement of this other information, we are required lo report that fact.
We have nothing to report in this regard.
Opinions on othor mattèrs prescribèd by thè Compani8s Act 2006
In our opinion, based on the work undertaken in the course of our audit..
the information given in the trustees report for the financial year for which the financial statements are
prepared, which includes the directors, report prepared for the purposes of company law. is consistent with the
financial statements., and
the directors. report included within the trustees report has been prepared in accordance with applicable legal
requirements.
10-

ARK RESETTLEMENT SERVICES
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF ARK RESErrLEMENT SERVICES
Matters on whl¢h 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 infomiation given in the financial stslemenls is inconsistent in any material respect wi(h the trustees
report", or
sufficient accounting records have not been kept.. or
the financial slalements are not in agreement with the accounting records., or
we have not received all the information and explanations we require for our audit.
Responslbllltles 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 being
satisfied that they give a true and fair view, and for such intemal control as the Iruslees determine is ne￿SSary ID
enable the preparation of financial statements that are free from material misstslemenl, whether due lo fraud or
error. In preparing the financial statements, the Iruslees are responsible for assessing the charity's ability to
continue as a going concern, disclosing, as applicable, matter5 related lo going concern and using the going
concern basis of accounting unless the trustees either intend lo liquidate the charitable company or to cease
operations. or have no realistic altemalive but to do so.
Audltorfs responslbllltles for the audlt of the flnanclal ststements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance wth the
Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error, and lo issue an auditDrfs report that includes our opinion.
Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in accordance
with ISAS IUKI will a￿ayS delecl a material misslalement when it exists. Misslatemenls can arise from fraud or
error and are considered material If, individually or In the aggregate, they could reasonably be expected lo influence
thè economic decisions of users taken on the basis of these financial slalemenls.
The extent lo which our procedures are capable of detecting irregularities, Including fraud, Is detailed below.
We obtained an understanding of the legal and regulatory requirements applicable ID the company and
considered that the most significant are the Companies Act 2006, the Charities Act 2011, UK financial
reporting standards as issued by the Financial Rèporting Council and UK laxalion legislation.
We assessed the risk of material misslalement of the financial slalemènls. including the risk of material
misstslemenl due lo fraud and how it might occur, by holding discussions with management and those
charged with governan￿.
We inquired of management and those charged wth governan￿ as to any known instan￿$ of non-
compliance or suspected non-compliance with laws and regulations.
We obtained an understanding of how the charitable company complies wth these requirements by
discussions with management and those charged with governance.
Based on this understanding, we designed specific appropriate audit procedures lo identify instances of
non-compliance with laws and regulations. This included making enquiries of management and those
charged with govemance and obtaining additional corroborative evidence as required.
There are inherent limitations in the audit procedures described above. We are less likely to become aware of
instances of non-compliance wth laws and regulations that are not closely related lo events and transactions
reflected in the financial slalements. Also, the risk of not delecling a material misstslemenl due to fraud is higher
than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example,
forgery or intentional misrepresentalions, or through collusion.
A ftjrther description of our responsibilities is available on the Financial Reporting Council's website al. https'll
www.frc.org.uklaudilorsresponsibilities. This description fomis part of our auditor's report.

ARK RESETTLEMENT SERVICES
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF ARK RESErrLEMENT SERVICES
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with part 4 of the Charities (Accounts
and Reports) Regulations 2008. Our audit worf( has been undertaken so that we might slate to the charity's trustees
those matters we are required to slate lo them in an auditor's report and for no other purpose. To the fullest extent
permitted by law, we do not accept or assume responsibility lo anyone other than the charity and the charity s
ttuslees as a body, for our audit work, for this report, or for the opinions we have formed.
Faroque Ahmed (Senior Statutory Audltorl
for and on behalf of AGP Consulting
30 October 2024
Chartergd Accountsnts
Statutory Auditor
Q Wesl
Great West Road
Brentford
TVV8 OGP
AGP Consulting is eligible for appointment as auditor of the charity by virtue of f(s eligibility for appointment as
auditor of a company under section 1212 of the Companiès Act 2006.
12-

ARK RESETTLEMENT SERVICES
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestrlcted Restrlcted
funds
funds
2023
2023
Total Unrestrlcted Restrlcted
funds
funds
2022
2022
Totsl
2023
2022
Notes
In¢om9 from:
Donations and legacies
Charitable activities
Investments
139,650
981,722
2,102
345,386
485,036
981,722
2.102
142,750
960,148
168
162,979
305,729
960,148
168
Totsl Income
1,123,474
345,388 1,468,860
1.103.066
182,979 1,266,045
Expenditure on-
Raising funds
Charitable activities
65,546
1,106,108
65,546
177,327 1,283,435
35,152
980,601
35,152
168,192 1,148,793
Total gxpenditur
1,171,654
177,327 1,348,981
1,015,753
168,192 1,183,945
Net Incomellexpendlturel and
movgmgnt in fund$
148,1801
168,059
119.879
87,313
15,2131
82,100
Reconclllatlon of funds:
Fund balances al 1 January
2023
225,814
16,492
242,306
138,501
21,705
160,206
Fund balances at 31
December 2023
177,634
184,551
362,185
225,814
16,492
242,306
The statement of finanaal activities includes all gains and losses recognised in the year. All income and expenditure
derive from Continuing activities.
The notes on pages 1 S lo 27 form part of these financial stslemenls.
13-

ARK RESETTLEMENT SERVICES
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Notes
Fixed assets
Tangible assets
12
8,452
7,463
Current assets
Debtors
Cash at bank and in hand
13
33,295
358,204
31,435
228,934
389,499
260,369
Credltots: amounts falllng due wlthln
one year
14
135,7861
125,5261
Net current assets
353,733
234,843
Totsl assets less current liabilities
362,185
242,306
The funds of the charity
Restricted income funds
Unrestricted funds
16
17
184,551
177,634
16,492
225,814
362,185
242,306
The company is enliued to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 December 2023, although an audit has been carried out under section 144 of the
Charitie5 Act 2011.
These financial statements have been prepared in accordan￿ wlh the provisions applicable to companies subject
to the small companies regime.
The financial statements were approved by the Iruslees on 30 October 2024
A Linton- Chair
Trustee
Company registration number 08825542 (England and INalesl
14-

ARK RESETTLEMENT SERVICES
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Notes
Cash flows from opgratlng actlvltlgs
Cash generated from operations
21
128,325
104,105
Investing activities
Purchase of tangible fixed 8ssels
Investment income received
13,1571
2,102
15,0941
168
Net cash used In Investlng actlvltles
11,0551
14,9261
Net cash used in financing activities
Net increase in cash and cash equivalents
127,270
99,179
Cash and cash equivalents at beginning of year
228,934
129,755
Cash and cash 9qulvalents al end of y9ar
356,204
228,934
15-

ARK RESETTLEMENT SERVICES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng pollcles
Charity infomiation
Ark Resettlement Services is a private company limited by guarantee incorporated in England and Wales. The
registered office is Unit 209, 28 Lawrence Road, London, N15 4EG.
1.1 Accountlng conventlon
The financial statements have been prepared in accordance wth the charity's constitution, the Companies
Act 20C6, FRS 102 'The Financial Reporting Standard applicable In the UK and Republic of Ireland I'FRS
102.1 and the Charities SORP 'Accounting and Reporting by Charities." Stslemenl of Recommended Practice
applicable lo chaiilies preparing their accounts In accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021" leffeclive 1 January 20191. The charity is a Public
Benefit Entity as defined by FRS 102.
The financial stslemenls are prepared in sleding, which is the functional currency of the charity. Monetary
amounts in these financial stslemenls are rounded lo the nearest £.
The financial slalements have been prepa￿d under the historical cost convention. The principal accounting
policies adopted are sel out below.
1.2 Prior period error
During the year it was noted that the income and expenses were under and over stated respectively as such
the reserves has been understated.
Adjustments have been made lo the comparative figures and balan￿S and the correction of the opening
reserves.
Details of the adjustments are shown in note 23.
1.3 Going concern
Al the lime of approving the financial stslemenls, the trustees have a reasonable expedalion that the Charity
has adequate resources lo continLJe in operatlDnal existence for the foreseeable fLJture. Thus the trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.4 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 or grantors as lo how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial slalements.
1.6 Income
Al incoming resources are included in the Statement of Financial Activities ISOFAI when the charrty is legally
entitled to the income after any performance conditions have been mel, the amount can be measured reliably
and It is probable that the Income will be received.
Income from the council is recognised when ￿ceiVed or receivable whichèver is earfier.
Donations are recognised On￿ the charity has been notified of the donation, unless performan￿ condrtions
require deferral of the amount. Gift aid is induded if Claimable.
Grant income is credited to the Slalement of Financial Activities when received or receivable whithever is
earfier, unless the grant relates lo a future peri¢Jd, in which case il is deferred.
16-

ARK RESETTLEMENT SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢¢ounllng poll¢lg$
Icontlnugdl
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the
Charity,. this is normally upon notificab'on of the interest paid or payable by the Bank.
1.6 Expenditure
l expenditure is accounted for on an accruals basis and has been Classified under headings that aggregate
all costs relaled to the category. Expenditure is recognised where there is a legal or constructive obligation to
make payments to third parties, it is probable that the settlement ¥MII be required and the amount of the
obligation can be measured reliably.
Charitable activities comprises the direct cost, staff costs and overheads, induding governance costs of
carrying out the charity's objectives.
Govemance costs includes the cost of compliance with conslilulional and slalutory requirements.
Costs of raising funds includes the direct costs relating to raising funds.
Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.
Supt)ort costs are those that assist thè work of the charity bul do not directly represent charitable activities
and include office costs, govemance Costs, adminislralive payroll costs. They are incurred directly in support
of expend(ture on the objects of the charity and include project management carried out al the office.
here support costs cannot be directly attributed lo particular headings they have been allocated lo cost of
raising funds and expenditure on charitsble activities on a basis consistent with use of the resources.
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 impaimient losses.
Depreciation is re¢ognised so as lo write off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Fixtures and fittings
Computers
20°h reducing balance
330/0 slraighl line
The gain or loss arising on the disposal of an asset is determined as the difference be￿en the sale proceeds
and the carrying value of the asset, and is recognised in the statement of finanaal activities.
1.8 Impairment of fixed assets
Al each reporting end dale. the Charity reviews the Carrying amounts of its tangible assets to determine
whether there is any indication thal those assets have suffered an impaimient loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impaimient
loss lif any).
1.9 Cash and cash equivalents
Cash and ¢ash equivalents indude cash in hand. deposits held at call with banks, other short-lerm liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
thin borrowings in current liabilities.
17-

ARK RESETTLEMENT SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢¢ounllng poll¢lg$
Icontlnugdl
1.10 Flnancial instrum8nl$
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Olher Financial Instruments Issues, of FRS 102 to all of ils financial inslrumenls.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party lo the
contractual provisions of the inslrumenl.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to sel off the recognised amounts and there is an intention lo settle on a net
basis or to realise the asset and setue the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balan￿8, are initially measured at
transaction price including transaction costs and are subsequently carried al amortised cost using the effective
interest method unless the arrangement conslilules a financing Iransaclion, where the transaction is
measured at the present value of the ftjlure receipts discounted al a market rale of interest. Financial assets
classified as receivable within one year are not amortised.
8aslc financlal liabilities
Basic financial liabilities, including creditors are initially recognised al transaction price unless the
arrangement constitutes a financing transaction, where the debt instrument is measured at the present value
of the future payments discounted al a market rale of interest. Financial liabilf(ies dassified as payable within
one year are not amortised.
Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are ¢lassified as ¢urrenl liabilities if payment is due within one
year or less. If not. they are presented as non-current liabilities. Trade creditors are recognised initially al
Iransa¢lion price and subsequenuy measured at amortised cost using the effedive interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's conlraclual obligations expire or are discharged or
cancelled.
1.11 Retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable lo the charitys pension
scheme and are charged lo the Statement of Financial Activities in the period which they relate lo.
Income from donations and legacies
Unrestricted Restricted
funds
funds
2023
2023
Total Unrestricted Restricted
funds
funds
2022
2022
Total
2023
2022
Donations and grfts
Grants
14,650
125,000
14,650
470,386
3,500
139.250
3,500
302,229
345,386
162,979
139,650
345,386
485,036
142,750
162,979
305,729
18-

ARK RESETTLEMENT SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
In¢omg from donatlon$ and 19gac19$
Icontlnugdl
Unrestricted Restricted
funds
funds
2023
2023
Total Unrestricted Restricted
funds
funds
2022
2022
Total
2023
2022
Donations and gifts
Access Reach Funds
Chesterhill Charities
Middlesex University
NCL VCSE Allian
VSCE ICS
8,400
1,000
1,000
4,250
8.400
1,000
1,000
4,250
1,000
1,000
2,500
2,500
14,650
14,650
3,500
3,500
Grants
John Armitsge Charitable
Trust
Lloyd Bank Foundation
The Tudor Trust
City Bridge Trust
Communty Fund
Moving forward project
GMHP
Floating support-AFEO
70,000
25,000
30,000
70.000
25,000
30.000
62,500
128,000
154,886
80.000
27,250
32.000
80.000
27,250
32,000
62,500
128,000
154,888
129,551
6,230
27,198
129,551
6,230
27,198
125,000
345,386
470,386
139,250
162,979
302,229
Income from charltsble actlvltles
Unrestrlcted
funds
2023
Unr9Strlct&d
funds
2022
Charitable Activitiey
Charitsble rentsl income
981,722
960,148
Income from investments
Unrestricted Unrestricted
funds
funds
2023
2022
Interest receivable
2,102
168
19-

ARK RESETTLEMENT SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Expendlture on ralslng funds
Unrestricted Unrestricted
funds
funds
2023
2022
Fundraising and publicty
Seeking donations, grants and legacies
65,546
35,152
Expendlture on charltable actlvltles
Charitable
Activities
2023
Charitable
Activities
2022
Dlrect costs
staff costs
Staff training and entertainment
Rent
Rates
Light and heal
Maintenance repairs
Advertising
Vehi¢le leasinglhirelother motorllravel costs
Telephone
329,032
269
597,446
55,841
51,967
58,604
13,398
9,866
24,461
278,995
1,689
570.755
50,790
44,560
58,968
9,664
6.572
16,174
1,140,884
1,038,167
Shar9 of support and govgrnance ¢o$ts1$90 notg 71
Support
Governance
78,865
63,686
52,081
58,545
1,283,435
1,148,793
Analysis by fund
Unrestricted funds
Restricted funds
1,108,108
177,327
980,601
168,192
1,283,435
1,148,793
-20-

ARK RESETTLEMENT SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Support costs allocated to actlvltles
Charitable
Activities
2023
Total
2022
Depreciation
Bank charges
Administrative costs
Corporation lax not recoverable
Office rent
Print, postage and ststionery
Computer and IT costs
Insurance
Other office costs
Donations
Governance
2,168
2,605
300
13,554
34,050
2,249
7,703
15,420
636
180
63,686
4,096
2,630
750
27,700
318
2,393
10.359
3,721
96
58,545
142.551
110,626
Net movement in funds
2023
2022
The nel movement in funds is slated after chargingllcredilingl..
Fees payable for the audit of the charity's financial statements
Depreaalion of owned tangible fixed assets
8,000
2,168
4,096
Trustees
None of the trustees lor any persons connected with them) re￿iVed any remuneration or benefits from the
charity during the year.
10 Employees
The average monthly number of employees during the year was..
2023
Number
2022
Number
13
21

ARK RESETTLEMENT SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
10 Employ99$
Icontlnugdl
Employmgnt ¢o$ts
2023
2022
INages and salaries
Social security costs
Other pension costs
300,632
22,416
5,984
257,971
16,506
4,518
329,032
278,995
The number of employees whose annual remuneration was more than £60,000
is as follows..
2023
Number
2022
Number
£60,001- £70,000
Remuneration of key management personnel
The remuneration of key management personnel was as follows".
2023
2022
Aggregate compensation
65,500
11 Taxation
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered
lo pass the tests sel out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of
charitable company for UK corporation tax purposes.
-22-

ARK RESETTLEMENT SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
12 Tanglble fixed assets
Fixtures and
ffttings
Cornputers
Totsl
Cost
Al 1 January 2023
Additions
8,468
9,197
3,157
17,665
3,157
Al 31 December 2023
8,468
12,354
20,822
Depreciation and impairment
Al 1 January 2023
Depreryalion charged in the year
4,223
637
5,979
1,531
10,202
2,168
Al 31 December 2023
4.860
7,510
12,370
Carrying amount
Al 31 December 2023
3.608
4,844
8,452
Al 31 December 2022
4,245
3,218
7,463
13 Debtors
2023
2022
Amounts falllng due wlthln one year:
Corporation lax recoverable
Other debtors
Prepayments and accrued income
13,554
17,881
20.146
13,149
33,295
31,435
14 Creditors- amounts falling due within one year
2023
2022
Other tsxation and social security
Other creditors
Accruals and deferred income
14.223
13,543
8,000
10,236
10,490
4,800
35,766
25,526
15 Retlr&ment b&n&flt schemes
2023
2022
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes
5,984
4,518
-23-

ARK RESETTLEMENT SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
15 Rgtlrgmgnt bgneflt s¢h9mg$
Icontlnugdl
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the charty in an independently administered fund.
16 Rfrstrlcled fund$
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject lo specific conditions by donors as lo how they may be used.
At 1 January
2023
Incomlng
resource$
Resources
expended
At31
Decembgr
2023
16,492
345,386
1177,3271
184,551
Previous year-
At 1 January
2022
Incoming Resources
resources
expended
At31
December
2022
21,705
162,979
1168,1921
16,492
17 Unrestrlcted funds
The unrestricted funds of the charty comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as lo how they may be used. These include
designated ftjnds which have been sel aside out of unreslricled ftjnds by the trustees for specific purposes.
At 1 January
2023
Incomlng
resources
Resources
expended
At31
December
2023
General funds
225,814
1,123,474
11,171,654)
177,634
Previous year-
At 1 January
2022
Incoming
resources
Resources
expended
At31
December
2022
General funds
138,501
1,103,066
11,015,753)
225,814
-24-

ARK RESETTLEMENT SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
18 Analysls of net assets between funds
Unrestricted
funds
2023
Rg$trict9d
funds
2023
Totsl
2023
At 31 December 2023-
Tangible assets
Current assetsllliabililiesl
8,452
169,182
8,452
353,733
184,551
177,834
184.551
362,185
Unrestrlcted
funds
2022
Restrlcted
funds
2022
Totsl
2022
At 31 December 2022-
Tangible assets
Current assetsllliabililiesl
7,463
218,351
7,463
234,843
16,492
225,814
16,492
242.306
19 Events after the reportlng date
The Charity has acquired their first non-leased propety for £629,000. The mortgage outstsnding as at the
dale of purchase is £350,000.
20 Related party transactions
Transactions with related parties
During the year the charity entered into the followng transactions with related parties..
pU￿haS0 of goods
2023
2022
Enlilies with control, joint control or significant influence over the company
375,424
461,150
375,424
461,150
-25-

ARK RESETTLEMENT SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
20 Rglatgd party transa¢tlon$
Icontlnugdl
The following amounts were oulslanding at the reporting end dale..
Amounts owed by related Amounts owed by related
partles
partle$
2023
2022
8alanGe
Balance
Net
Net
Enlilies with control, joint Control or significant
influence over the company
1,694
1,694
11501
11501
1,694
1,694
11501
11501
21 Cash generated from operatlons
2023
2022
Surplus for the year
119,879
82,100
Adjustments for..
Investment income recognised in statement Df financial activities
Depreciation and impairment of tangible fixed assets
12,1021
2,168
11681
4,096
Movements in working capital..
Ilncreasel in debtors
Increase in creditors
11,8601
10,240
17,4491
25,526
Cash generated from operatlons
128,325
104,105
22 Anatysis of changes in net funds
The charity had no material debt during the year.
23 Prior period adjustment
-26-

ARK RESETTLEMENT SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
23 Prlor perlod adlustment
Icontlnugdl
Chang9$ to tho balan¢9 $h99t
At 31 December 2022
As previously
Adjustment
reported
As restated
Current assets
Debtors due within one year
Creditors due within one year
Taxation
1126,2531
157,688
31,435
3,753
113.9891
110,2361
Nel assets
98,607
143,699
242,306
Capital funds
Income funds
Restricted funds
Unrestricted funds
3,283
95,324
13,209
130,490
16,492
225,814
Total equity
98,607
143,699
242,306
Changes to the profit and loss account
Pgrlod ended 31 Dgcgmbgr 2022
As previously
Adjustment
As ￿stated
reported
Donations and legacies
Charitable activities
305.729
124,7111
305,729
960,148
984,859
Charitable activities
1,011,474
137,319
1,148,793
Nel movement in funds
161,5991
143,699
82,100
-27-