## **HOUSING INDEPENDENT PEOPLE** (A Company Limited by Guarantee) **Company No.** 09413144 **Charity No.** 1160664 ## **TRUSTEE’S ANNUAL REPORT and Financial Statements** ## **FOR THE YEAR ENDED** **31 MARCH 2021** ## **Contents** ||**Page**| |---|---| |**Reference and administrative information**|**3**| |**Trustees’ annual report**|**4 - 7**| |**Independent Examiner’s report**|**8 – 9**| |**Financial statements**|**10 - 12**| 2 **Trustees:** Chair Dr Richard Roberts Trustee Mr Paul Boys Secretary Mrs Jacqueline Roberts Trustee Dr Tom Waterfall Trustee Mr Andrew Boys Trustee Mr Andreas Graham **Company Secretary:** Secretary Mrs Jacqueline Roberts **Chief Executive:** None. Company/Charity administered by the trustees **Company number:** 09413144 **Charity number:** 1160664 **Registered office:** HIP 22 Devon Square Newton Abbot Devon TQ12 2HR **Auditors:** Independent examiner: Sharon Byamungu **Bankers** HSBC HSBC 42 Courtenay St Newton Abbot TQ12 2EB **Solicitors** Russel Cooke LLP 2 Putney Hill London SW15 6AB 3 The trustees, who are also directors under company law, present their report and financial statements for the year ended 31 March 2021. The trustees confirm that the financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102. ## **Objectives and activities** ## **Purposes and aims** The Objects of the charitable company are to provide or facilitate the provision of accommodation, care and welfare or other related support services to persons with disabilities including permanent learning disabilities. ## **Public benefit** The trustees have had regard to the Charity Commission’s guidance on public benefit. The charity has provided high quality, affordable housing for adults with disabilities, allowing them to live independently. ## **Achievements and performance** Housing Independent People (HIP) owns two houses in Newton Abbot, which provide quality accommodation for adults with learning disabilities, 4 tenants in one house and 3 in the other. The tenants all receive housing benefit. They receive care packages with both one-to-one and shared elements, and each house has a carer sleeping in overnight. These care packages are neither organised nor provided by HIP, whose role is that of landlord. HIP has maintained the houses in good condition. For example, in this financial year £14,046 was spent on major improvement works at one house and £1,939 was spent on plumbing repairs/improvements. Redecoration internally and externally is done on a five year cycle. The tenants of both houses had not changed for some years until the death of one tenant in 2020. A new tenant was then identified and there was consultation about this with the existing tenants and their families following HIP’s Allocations Policy. A minor change to the Assured Short term Tenancy agreements was made for one of the houses, which enable it to be recognised as “specified accommodation” under Category 2 of the housing benefit regulations. The tenants get on well together and have achieved an increasing degree of independence. The parents of the tenants are becoming older, and the move of their sons/daughters to housing provided by HIP has provided reassurance that their housing will be secure for the future. The Covid pandemic had a significant impact on the tenants’ lives with restrictions of their activities outwith the houses. Nevertheless they generally coped well with the support of their carers. ## **Financial review** Income for the year came from rent and “contributions” (£34,565). This decreased compared to the year ending March 2020 (£36,228) as there was an 8 month loss of rent and contributions from the tenant who died prior to a new tenant moving in. There were no donations this year and no fund raising. “Contributions” are received from the tenants for the costs of electricity, gas, rates, internet charges etc., which the charity pays on behalf of the tenants. The policy is to adjust the amounts of the contributions paid each month so that they match the cost of these services. The contributions have been well matched to the costs, with 4 the exception that HIP covered the cost of the contributions not paid following a tenant’s death before a new tenant moved in. The rental income is used for maintenance of the properties, and, when reserves are adequate, will be used for repayment of an outstanding loan of £30,000 and future charitable purposes. Expenditure (including depreciation on the house values) was £45,051, giving a deficit for the year of £10,485. This was greater than the deficit in 2019-20 (£4,788), and in 2018-19 there was surplus of £2,502. The 2020-21 increased deficit is mainly due to the exceptional expenditure of £14,046 on major improvement works at one of the houses. Total funds on 31 March 2021 were £509,986. Cash at bank was £40,686. ## **Reserve policy** HIP continues to have a policy to build up a cash reserve of £60,000 to ensure prompt maintenance of the properties. The cash at bank decreased slightly from £40,722 on 31[st] Mar 2020 to £40,686 on 31[st] March 2021. ## **Going concern** The trustees believe the charity is a going concern. ## **Principal risks and uncertainties** If the charity lost its tenants and had difficulty finding new tenants, it would lose its rental income and its charitable purpose. The trustees think this risk is very low. The tenants receive housing benefit to pay their rents. They have permanent learning disabilities and their eligibility for the benefit is not likely to change. ## **Plans for the future** In 2015 the charity achieved its initial objective of purchasing and refurbishing a property to provide high quality accommodation for up to four adults with disabilities, including learning disabilities. This was possible due to a large donation. In 2018 the charity had the donation of a second house accommodating four residents with learning disabilities. We anticipate that we will gradually accumulate funds from the rental income, but it will be many years before funds accumulate sufficiently to consider purchase of another property. At present we are concentrating on continuing to make a success of the houses we have acquired. In the short term any expansion to additional properties will be dependent on further donations. We are not planning to increase our borrowing. ## **Structure, governance and management** The governing document of the charity is the Articles of Association. The charity is a company limited by guarantee which was incorporated on 29[th] January 2015. The charity’s Policies were formally reviewed and updated in March 2018. ## **Appointment of trustees** When the charity was incorporated there were three trustees with previous experience of charitable trusteeship and relevant experience for HIP (1. A retired director of a national builder who supervised the refurbishment of the residential property, 2. A former Director of social work and retired Chief Executive of the Scottish care regulator, 3. A retired neurologist). An additional trustee was identified and recruited by the existing trustees in March 2015, who is a local general practitioner and distant relative of one of the tenants. Following the donation of a second house in 2018 two additional younger trustees were appointed, who are each siblings of tenants, and who will be in a good position to represent their interests. There are, therefore, now 6 trustees and there are no plans to increase this at 5 present. Trustees are appointed for 3 years, and are then eligible for reappointment. The charity has a Policy on trustee appointment. ## **Trustee induction and training** Housing Independent People, being a very small charity, has not organised formal trustee induction and training. Three of the trustees, however, have experience of being Chairs of other larger charities gaining relevant experience and governance training. One of the trustees is registered with the Scottish Social Services Council and is an approved member of Disclosure Scotland’s Protection of Vulnerable Groups Scheme. All trustees have familiarised themselves with the Detailed Guidance of what is required of a charity trustee. ## **Related parties and relationships with other organisations** None ## **Remuneration policy for key management personnel** Housing Independent People has no employees and is administered by the trustees. The trustees have not claimed any remuneration or expenses. ## **Statement of responsibilities of the trustees** The trustees (who are also directors of charitable company for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements 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 state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to: - Select suitable accounting policies and then apply them consistently - Observe the methods and principles in the Charities SORP - Make judgements and estimates that are reasonable and prudent - State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. 6 Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 30 March 2021 was 6. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity. ## **Statement as to disclosure to our auditors** In so far as the trustees are aware: - There is no relevant audit information of which the charitable company’s auditors are unaware; and - The trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. ## **Auditors** Sharon Byamungu has been appointed to provide an Independent Examination of the accounts. The trustees’ annual report was approved by the trustees on 26 October 2021 and signed on their behalf by; 5[th] Nov 2021 ……………………………………. Dr Richard Roberts ## **Chair** 7 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent ExamineV5 Report Report to the trusteesldlrectorsl members ol Housing Independent People On accounts for the year 1 31 March 2021 ended Charity no.. 1160664 Company no.: i 09413144 Set out on pages I 1-3 I report to tle charity ITUStees on my examination of the accounts ol the Company for the year ended 3110312021 Responsibilities and basis of report As the charily's Iruslees of the Company (who are also the dir8clor5 of th8 company for the purposes of company lawl, you are r85ponsible for the preparstion of the accounls in accordance iwilh Ihe requirements of the Companie5 Act 20061.the 2006 Act'i. Having satisfied myself that Ihe accounts of the Company are nol required lo be audited lor this year under Part 16 of the 2006 Act and are eliglble fof independent examination. I report in respect of my exafflination ol your charity's accounts as carried out under seGlion 145 01 the C￿.aritieS Act 2011 {"Ihe 2011 Act",). In carrying oul my examinalion, I have followed the Directions gpsen by the Charity Commkssion (under section 14515llbl ol the 2011 Act. Independent examiner's statement l am qualified lo undertake the examination by being a qualified member of CIPFA. I have completed my examinatson. I confimi that no material maller5 have come lo my attention {other than that disdosed below ') whieh gives me cause lo believe that.. accounting records werts not kept in accordan￿ with section 386 of the CoTnpanies Act 2006.. 01 the accounts do not accord with such records.. or the accounts do not cotr.ply with relevant accounting iequirements under section 396 01 Ihe Companies Act 2006 other than any requirement that the accounts give a 'lrue and lair, view which is not a maller considered as part of an independenl examinalion". or .Ihe accounts have not been prepared in accordance with the Charities SORP (FRS102). IER October 2018 I have no eoqcorns and have como across no other mallers in connection with the ex8minah.on lo wtiich allention Should be drawn in this report irs order to enable a proper understanding of the accounts lo bo reached. Please delele Ihe words in the brdckets rf they do nol apply. Slgn8d: Date: 02111121 Name: Sharon GoTdon-Roberts Relevant professional qualitication{s) or body {If any): I CPFA Address: 7 Unwin fioad Isleworth TW7 6HY Section B Dlsclosure Only com?'.ele Il the examiner needs lo higfilighl rr,alerial malieri of concer {sè8 CC32. Independent examination of charity accounts.. directions and guidan￿ fof examiners). Give h¢re brief details of any items that the examiner wishes to dt8close. IER October 2018 HLWSinC IndepeTrYtnt Pecwe St*ement of Financial Actiwtieslinioffle and expenditUre￿I0￿ntD rth*perfodfrOm￿￿IlO￿tOMWtyI•21 iknfE5tricted Re5trirted Total 2020 Funds Funds Lknrestricted Restficted Tota 2019 Funds Fund5 IncominEReg)urces General Donations Reni & Contributions O.OD 36,2?8 36.228 34.565 34,565 34.565 34.565 36.228 36.228 RewurcesEMpended House Puchase Fees& Depreciaiion Hou* DeR1OpTn￿t House Runningcosts GOVi￿nanCe 10.950 16.029 17,319 753 45.051 10.950 16,029 17.319 753 45.051 10.950 11,616 16.350 10,950 11,616 16,350 z.ioi 41,016 41.016 Net MovÈmÈrtt in Funds 110.4851 110.4851 14,7881 14,7881 Reconciliation oflund Total fundsbfought forward TransferefA&setS 520.472 520.472 525,260 525.260 Total fundscarried fonw¥d 509.986 509.986 520,472 520,472 Allof th¢thversuts5 fi0mcont￿ui￿Bthrt1e5 ThwewWeDooth*f￿Q￿1s&I￿nS ￿lo$S￿50th* thkn)thosÈst*éd Pagelo IIou51￿ ￿￿*Pe￿Ilent People Balance Sheet Totst 2011 Votal 2010 Fly*d Assets 499￿￿] SlQ750 at Bar¢k and in Ha•a" --- Debtor5 40.722"" Credtti)r> an￿ntS kITth8d￿ with1ft0￿ year -[SLYJI IIJKX)) .72 5SQN72 Icf8ditors moYèth•n i yew (3Q.(Wl .ToEal NetAssers 510.471 .thatity Futhds ,Unre5trlaed Funds .Rettritted F￿ndS 520.4ll ITotalfvnd5 520An lal fort￿ periodenth 31 March 2021 the company waSent1t￿d tDtxEmpN ' underseaion 477121 of the Comp•n* Aa 2¢K￿. '.Ibl No member5 have ￿qUired ilte COM￿ty to tsbvdb) a• audtt Df rts ¥ctym5fort wear ID 9ue51ion in a¢tordante secMn 476of tbe CompaniesOts 2(¥￿. ,,Icl Thr* tllrectors acknow* theiT res￿51t￿lI￿ IDr.' ".1. enSU￿￿the compary 3C£Dtfflty￿ rE(ord5 whith Conw￿ S*NJn 386". an Ill. prepatln8accounts *hich8Ne a trve and fair View of the 5ts1e of alfaits of ihÈtomp]nyas iartheend of the financial year. ènd ¢a rts w¢fit or k)gs for the fvnaoKial wr. Inac(rydè•ce wrth sethoft 393. aDdwhich othetwi* ¢omWy wrth the ofthe CryanesAts | re+atins to accounts. sofar as applKatilÈ to ÈhetryDpaTV. ApprthE￿ the tsirEttIx5 0Tr_. ___ . ___.._. an¢J 5iEned on ihdr behaff ty.. Olrtdor. Pwl Pa8e. 11 l.. T•l￿ble flxed 455ets f rÈehold property Cost At thestart oltheye Additions in year Disposalsin year 547.500 Atthe end ofthe year 547,500 Depreci*i At thestèri of Iheyear ChaTEe fof theyear Eliminated on disposal 36.750 10.950 Atthe end ofthe year 47.700 Net book¥alue Atihe entt ofthe year 499.800 At thestart oftheyear .* 510.750 All of theaboveassetsare used forchariiablepurpose& 2. Cr*<%trn: due withln 1 year 2020 2019 Trade credrtors 500 1.000 500 1.000 3. Crodl*>r8.' amwnts afknr than 1 yoar 2020 2019 Loan Repayrrent 30.000 30.000 Page> l L