CHARrrY REGISTRATION NUMBER: 11624 NACCOM (No Accommodation Network) FRnancial Statements 30 June 2023 STEPHENSON COATES AUDrr LIMITED Chartffed Accountants & Statutory Auditor West 2, Asama Court Newcastle Business Park NeastIC upon Tylle NFA 7YD
NACCOM Ffinanci21 Statrments Year ended 30 June 2023 Page Trustees, annual report IndepId¢t examiner's reFth to the TTUStee8 Statement of fllw]cial activities (including income and expenditure account) Statement of ftnancial position Statement of cash flows io Notes to the financial statements li
NACCOM Trnstees, Annual Report Year ended 30 June 2023 The trustr¢s present their ryrt atld th¢ valIted financial stat¢Tnts of thc charity for the year ended 30 2023. Reference iBd 4dministrnllvt detalls Registered chfirlty D•me NAC(X>M Ch8rity resistrAtioD Umber I l62434 Prlnclpal tsffi¢¢ Youth Resowcc C¢Dtrc Oxford street WhitJ¢y Bay Tsme and Wear NF.26 IAD Th¢ trn$t¢es Chief Offl(r IndependeRt ¢Jnthier R#¢h&el 08wald BA ACA Stephenson Coates AudÈt Limit¢d Chartered accouniatlt & Indepedent examiner West 2, Asam& Court Newcastle Busines8 Park Newcast]e upon Tyne NE4 7YD. B%nke Unity Trwt B&nk POBOX 7193 PIBnetary Road WilleDhall WV19
NACCOM Trnstees, Aonuai Report Year ended 10 Jllne 2023 Strlletsre. govern¥te Ind manag¢m¢Dt me NAC(X)M Is a Thantsble Jllcorporated OrgaDisaiion ICIO) ¢$tabhsbed 26 June 2015, 8ov¢med by its constitution with voling members othcrthart its cbarity tsustecs. The Cb8rstyRegistratioTJ number is 1162434. By the end of June 2023. the ¢harity had 129 members. inc]ling 64 full member org8nisations voting iigb New members can apply for rnember5hip #t any time thtoughout the year. A full Tnember Tnust be a¢¢oDllnodating at leASt one person 5¢eking #sylwn with no reeourse to public funds. Full rB¢mbas have one vole at th¢ Annual Grtteral Meettt]g (AGW. By the end of June 2023, NACCOM also had 65 SOCiat mcmbers lor8anisations who do not accomlate people seektng asylum wtth no reeouTSC to public funds but are supporttvc of the ainLS of NACCOM) vtho do ttot have vottng rights but can PBrticipate ill Andbenefit from all otker NACMM a¢ts"viti¢s. oitttnjent 2nd retire Dt of T The Chanty currently ha$ ¢Jght trustees anc L as trL6Stees at the AGM In Nov¢Tnber2022. As per the constsiUtso onc T111rrt nf all tni%lLL% li)n rntatinnal basi$) will retire &t each AGM and seek re-el¢ction if they wish LO w ani ere re- app01t¢ lor alluuier tei"IM oftlirco at thc Al"iM on 10 INov¢uther 2U21. IR)¢ n¢AI Alim Is oll 9 Ni ov¢n]ber 2023 wh¢ri vill retlTe aTLd stalld for re-el¢ctiom No new trustees will beput forward foreleetiottthis yearbth w¢ will belauncbingarttruittneÈJt friie foratlwtthrte ncwtruÈt¢es atthis year'8 AGM. aDisation'. The Charity is organised 80 that its twsie&y eet regulatly as a whole B¢)ard lat Et&8t fourtills a year} ¢0 review its affairs and set objectives with sulKo]DtDittees {a TnIAtu of Tn&ees and staft) Tneeting bdween Board eetings to discuss speclfic issue5 such as the managemejjt of aecoullts, funthismg, human r¢sources, $#feguarding and membership applications. NAC.r.oM had a staff team of nine people during the yeal who have all worked remotely in various lo¢ations throllgkollt Enalld. There wer¢ 4150 some chanses to the staff team durirhg th¢ year folloll8 an HR ]ew.. Throu8hout the year ihere was: A full-time DeCtOr A part4itne Con)municaiions Co-ordinator who w&8 prO¢d to full-time Exl¢rnal Affairs Manager A p¥rt-time FIanCe and Operations Cra]DatOrbO was PTomot¢d tv fi-tillF]n8ncc and OperJtiotJ$ Nlanager Thrce fijll-time N¢twork Dcvclopm¢ryt C(pordinHtm (otle of thombecame fu114ime during the yE) A full-time Policy altd Resear¢h Co-ordtnaior A fitll-b.me Communiry Research Faeilitator las of S¢pternbrr 2022) A ll-time Administrator (changed from th¢ Network and operatio AssithTLt role). ObJtetlYes al F4ttiyitie9 The objectives of th¢ CEO are.. a) To prevent or relieve poverty among IcEte5, asylllm $eekets, &nd MIantS with tto QuISe to public fund5 liwng In the United Kingdo b) To advance the educati¢)n of the public iTk general ill the subject of 2syIuttL Vision NACCOM'S visron is for the UK to have a fail, jyst and humane asyhull alld itrllnigt3tiot] Syst W"¢b enables people s¢eking asylwn, rcfugcesand othormigtants to be fromdestith.on 8nd to liv¢ with dignity and agency.
NACCOM Trn8tee8' Annual Reportie¢nthw4) Yw Ènded 30 Junt 2023 Objedlves and ac¢ivitits (coHtiMHed) We believe that d¢stststion kns no place in 2 fair, j¥st and humane asylurn and imrnigrntion system. Therefor¢ NAC.C.()M exi%ts to prornote solidarity. connections and good practice to asstst the establishment and deliveryof accomr(Lodation snd support projects worktng with people facJn8 destitution because they we in the agylum and imtnigrntion system in the UK. In addition, we work with member organiwtion4 pthrs and sawpoilers to 115¢ th¢ eYid¢llr¢ and te81imony ofNACCOM Enenther5 aDd people vrith lived expertence to Jnfiuence change at a local, regional and ajational level to Cre¢ better pathways out of desUnon and e1 de5tttutionfor good. We ttmi ourVisio Mission [ Val8 iDtt> prdctice by.. ProvidiDg Detworking opportullÉties to a>tsneEt metnbets and facilitat¢ the sharing of kn]owledge and promo¢¢ go{ to provide pathways out of destitutio We do this through regular training #Ad ll¢tw(yknng events, all anTLual GoDfer¢nc¢, ordiu¢ and library of inf0rlltioD attd resouTce5 Gathering and diss¢mittating d)ts on desty"ttrtion and Using this to tackie the root causes of destitution through policy, lobbying and ¢2rnpaignin& both owselves and in parthershtp witb othets. Wojking with our members and with those with lived experienc¢ of being d¢stitut¢ to enstste thai the humall face of destitutffton is shared with the wid¢rpublxc kJMI decision nth5. We do this by traiDing and supportittg people with exp¢ricnre of th¢ a5ylwn alld Iro]gratiOn systcm to r¢5oarrh tsnd CQEJJmu]llcate their find¥ngs 2nd experien¢ts, through mL¥lia work and through t?wllill¥ e£berS with their StrAteBle Coxli for 2022-2026 NACCOM'S n¢w8trfAtsgy for 2022 2026wa8 lollnched inAugust 2022. The IAunchhi8kli8hted our new str#tegi¢ goals, as wrll our theory of c1we and our inteEim priority outGom¢s for yearont of our stratcgy. Goal l. The rogt Cau and human iMptOf destitsition 8ttd 801lltioDSto end de8titutioD ar¢ bety¢rynde interijn outCOD for 2022-2) that hd us ess tnwara thi$ Membcrs have a good understondins of reASOnS for and pathways out of destrtution People with liveil ¢xp¢ri¢n¢¢ hov¢ rn0 opportwiities to shape policy aTLd prti¢¢ Dtcision-makers aMI k¢y stakeholders listen more to peopk with lived experience G¢H12. Peoplewith livedexpeTienc¢ p1ayaGoreat¢quitub]e role IJJ btghlightirÈgth6 humtsrt ill4Ja¢tof destitijlion and creatingabd sharitig the solutions to d¢stitiJtion promoted by NACCOM ititerim outcomes for 2022-23 that hel us ss toww thi8 oal.. People with lived eXPles1(C of d¢stitutiOT) and immigration ntrOl feel rqjrescnted and in¢lud¢d in the ivork of NACCOM People with lived experience have mot¢ QPPOTLuDities to shape po]icy aud pr1¢¢ Gokl 3. More polici¢s practiLY exist to suptort tbe cnd tts (k$titiO terim outcomes for 2022-23 hel ss toward5 thks NACCOM mbbU11d coneCtionS Witb and support one another nwre NACCOM mernb¢rs are more confident to eviden¢4 d&ta and case stu(b"¢sto show the need for at V81ue ofthcir services NAC.C.OM membeis deliver fe and good quality places of accommlatio Ind provide impactfi s¢rvices Decision-tllakiY7 and kcy $taknhold¢rs usc NACCOM evidence to nwke po8itTVe ch8ng¢8 to ¢nding destiiutio
NACCOM Trnstee8' Annual Reportfuthwd) Year ended 311 June 2023 Strxtegie Coals for 2022-2020 (eolltiued) Goal 4. More and belter serv1 exist to siipiknrt Pp ovt of inwdIats d¢8tituÈion aud provide Iw.terni pathways of dc&titutiNI. interim out¢otnes for 2022-23 that hel us ro ess towards thjs NACCOM Trtmbets" build cojjnections with and suppc>rt one atsother more NACCOM nymbers are more cts]]fideni to use evsdenffj and casc studies to 8how the need for altd value of their 8ekvirKs NACCOM d¢]xv¢r safe all(1 gDod quality places of aCcommatiOn alld provid¢ imp2Ctful 6¢rvices Houstng as5wiatious Are better supported to wodt with NACCOM m¢nthets Mor¢ oD(J tterpaltershlp workiDg exists to eud destitutiott Deci8ion.mak¢r5 and key 5takehosds USE NACCOM ¢Vid¢$ to @poltivY lo rnding drstitutiOII Acbleyemellts alld perforJllall¢e Gool l. The rool ¢llTL¥e.f humoft tmpllcÉ ofdestituti0nand30hid0 io epRddEStthfiion &re bettervrtderstood In August 2022 we launch¢d ow n¢w four-y¢arstratC8y, which included ow theory of chan8e and a p8thw&ys of ¢)ut destitutron framework ts) help gxplain the work of our m¢mb¢is and NACCOM'S role in supporting thenL We wortced intensiv¢lyots Illegal mItiOnB1I1 advocacywheD It was first rni8ed ID e&rly 2023, in¢luding leading on an open letter and joiut brief]n¥ into the wacts oll bomelessne85 and destithtion. NACCOM Wds refercnced in the JoiLt CoJDmittee on Hwnan Rigbt$' report ittto the varioiis ways that the Illegal miatiOn Bill will brea¢b th¢ UK'S bum8n rigbts obtions. We have had an iucrt09e in media covmge InChlg in ID5ide Hou%ing. The Big Issue. New Stht¢STllall LBC atxl £oLtinue to share evtd¢r¢¢e, comment and feedbackto voluW and statotory parther5 including oUrsthten)t and bri6fing about th¢ g0vernrrnt'8 Ending Rough Sleeping Strategy and through presentattons at Chartered I]stite of Fl(KJsitJg and COSLA events. Cyrcater IKndon Authority Migrant Honjelessness Pan¢1, Wesln)inster Policy Fon]m attd the Horless Link confeT¢Ote. Goaf2. People with livédexperienceplaya coreandgquiluble rolein h£ghli¥hÉin¥Èhehwmm impU¢lofdÉItit> and cretttingtsk.¥0ring thesothtionf to destilutionprorJwtsdbyNAGCOM Comm1lty Researchcr volunteers WEr¢ involved in our $trat¢gy lauEJch, aTLd in th recruitn)ent of our new full- time Community R¢seaT¢h FacilitatDr who started in September 2022. We ple&S that Conn1(Y ResearchE15 were involved io the lauttch of the Hornel¢s5 LitJklNACCOM Roadmap rew)rt and that C0munity R¢s¢arGh¢Ts wtr¢ able to publish a refi110 blog their research for this report. This year we started a paTtnership pmiett with the Centre on Mirdtion. Policy othd Society (COMPAS) ai the Universtty of Oxford on their 'Undet5tanding Migrant DestitulioJJ in the UK, researeh proje¢t. Some of the Co]JJmuoity Research¢rs are directly Involved in the re*¢arth and we are sing ItarDing from ow progrdtnme to trattt other COMPAS voluDt¢¢r5 InJuly 2023 NACO)M launched a major C¢)jrffjauAty Research proje¢tthat hadb¢¢n desiglled. led and iJ¢livere by Con]munity Res¢ar¢h¢rs thrwghout 2022-23. 'RefusedY EYperieneesfolloMYng d ne8lllive asylum d¢¢tslon' draws on 27 in4epth interviews with service user5 ID the NACCOM network aThl shows that people who are T¢ed &%ylum in the IJK. in tnarty¢&ses wijustly. ¢an face extreme hardship. io¢ludithg destitution, honele5sness attd de¢liniog physical and niental FLealtl foliowmg * Deg#tiv¢ decision on their asylum claim.
NACCOM Trustees, Annual Reportfwth4l Year ended 30 June 2013 A¢hi¢v¢mettts and performaDce (cpnrfin Goal 3. Alorepolie% 8•dprotti¢É Éxssi to stspport the end to lkn aDnual conference in November 2022 was well-rcceived despite baving to chan8e to Onl¢ witb IU days, notice duc to a late change ill trlin strike days. Because of this w¢ prioritis¢d bringing the network together for two rounds of In-T50n regional hubs-Winter2023 (JanfFeb) aTEd SullHner2023 (Jun&lJu]y) and $haTed learnings and fle108 fromboth rounds of hub8. The focus of tbe sullllTr¢rhub m¢etin8S W2S to supw)rt Drnbers to stsrt tt> thi[& about how to Pla for alxl mitigate through 5ervic¢ d¢livcrythc d]F¢ impac¢8 of tbc lllcgal Migration Bill. Our policy gnd advocacy WO ihis year ittcludEd & policy fo¢usE¢d briefig ll8ing our almuttl members, suryey which we 8h&Ted with partners and stsk¢holders, a joint brieftt)g with Asyluro Matters on asylwn dispersal principle5. otsr cotttinlled partnership Homel&8s Link on how local authorities can end migraDt homelessness atsd advocacy on Honr Offic¢ p13D5 to exen4)t ssYlU Hollses of Multiple Occupation from licensillg. Over the course of th¢ ycar th¢ N¢twotk Dcv¢lopment Te&m have been working on a housing gssoctation toolkit, due for laulhch ID Autumn 2023 w()rkin¥ with the CoJnmLukily Research5 on th¢ wa¢ts¢¢ r¢¢0MmdlOtt& for the Comlnuntty Research report. Goal 4. MoTe aAd better sepvices to srwportpeople omi of bnmedwte 4ndprowde long-tem p&thways out ofdestithtion. A key forus this 8T wa5 the start of irnpkm¢ntillg th¢ findings from our Design Lab rcscatch proj¢¢L W¢ pn'oriii8¢d setting up a new sIk ¢otMnlCationspl8lfornl for rnernber& which ha5 general and tlKD)d LItI5 to make communication more targeted and engagement e&sier across such a broad network We have started to see a good take up of activity in Slack, and thanks to proactive Outreach from the Network D¢veloprnellt Team and the in-pm. (bn hub Meetin8& have secn improvcd cn8a8ernent with key sectOT paTiners 5u¢h as British Red Cross. This year w¢ collttnued to deliver & hybrid model of enwdgernent for rnernlKr¥ whiLh GlU$ the r4ional hub eetillgs. nK>ttthiy onlmc meetitt8$ and themed oTh1ie workshop5. Using some of the funding frotll our October 2021 BBC Radio 4 Charity we worked with The Collective Scoilaod aDd A¢t Build Chall lu deb.ver a sfflies of wellbting wothops for met1 acro the year. Ovcr th¢ y¢Jr our members aceojyttnodated 3.724 people and provided AD estimate of 479.474 nights of Accommodation. 378 people wer¢ street hom¢1¢ they apprts4¢h¢d for support and 2,821 people received f¢1&] support (bui not ac¢ommoda¢ioÈJ). Fin40¢ial ¥nd organisati4bng1 review This year w¢ brougTrtr io ¢x¢¢rnal support to ileliv¢T all Hti review to as&% whetb¢r or8aoJ$atioJJal $ttiJctLfe, poIIcAes, salaries an& benefits were fit for purpose to deliverourDew Str4t¢gy and weTe relevant in thecuffentcost- of-living crisis. This revivw led Éo a Trewsttuclure ill¢ludang two Jew Ma#ag¢r roles (both filled knterllallyl. a new Collununi¢ations and Camp8igtts co[dIat0 rok {¢wrentiy Yacant): alld an ill]proved salary And bellefi otTer for alI skff. This xs on top of the illcrease in the staff nurGbers due t(> tbe cTeion of a new fitll-tlme Conrnunity Research Facilitator rol¢ 85 Doted ¢arlier. The new offer a150 a hybrid workin8 model to reduce barri¢rs that som¢ staff face Qu51 hom¢ workiÉLg but still rnaiirtain th¢ fOTnP¢titiv¢oveYheads of a winn1yh0ffibaKd team.
NACCOM Trustee8' Annual Report{rvth Ye4r eoded 30 June 2023 FfiDalleiAI alld orgaDisaliDnal revieTr (conrfinme This yearwe nu)vedtoanew find1&] nunagemeDt Sy5ten4 using Qui¢kBooks to eryiallyallowformore robust fitwKial maawement and monitoring of Rrants. This y¢ar we have opetated at a planned deficit. pnrnarily to spend down rarfHcted fijnds that we had accrued but took long¢r to d¢livw awdill8t during the COV pandelluc. t al80 thie th¢ itivestinent in the t¢8TU following t]Le CoJJJmunity Re8eBTch and HR reviews. In the COTning year we will be bringing in ¢xt¢m81 fiindr8i$Jn8 SUPPOrt for NACCOM 2nd the NACCOM aetwork. with the focus of the support for us beillg the d¢velopmellt of a new incoiu¢ genmtion strategy and support witb some targctcd fimdrdising to ensure we ¢ontinu¢ to bave robust plans in pi3c¢ for swtAitthility and io d¢liver our clwitabl¢ obJ"e¢tiv¢$. Wcweredelightedthis ye8rto secur¢ CO fitdIllg from th¢OakFoulldation and gratefi]I to existÈttg fiuTrders who SUPPOTted with one.off ¢ost of living grants for tsur staff t¢aDL NACCOM rernaills in a sound fiT]anctal ptksiiioll but wt r¢Gogoise the tteed to focu5 on furLdrai$iog and incon generation over the next year. Total income forthe year w8$ £309,406 {2022.. £326,002), total cxpenditUT¢ for the year was £429,96712022.. £312,249). r¢sultiog in a tset expcnditute position for th¢ financial year of £120.56] (2022.. Ttet incom¢ £13.753). UTJrestricted reserves at yw ¢nd was £205,566 12022.. £278,587) and KqtricÈ¢d res¢rve$ was £17,782 {2022.. £65.322). Withiti yJ)restricted reserves. the trustees h&ve de5igDated £26,060 from our BBC Rbdio 4 Charity Appd that look place in FY 2022 10 CQDtioue to support NACCOM members with wtllbtsn8 and fiwdTai5its¥ SUlVOrt. The free rescrvcs of tb¢ clwity at ycar cnd wa5 £179.5(k6. The tceS aim tts Sure th¢r¢ are at least 4 months frtt re%etves ovailable to coYeE the opet&tsi¥ ¢osts of the charity. The free reéer¥e8 posity.on at year e4]sures thC are suffj¢ient Te8erve8 in th¢ ¢han"ty to rneet its reserves policy. With the focus Tnoving to fithising in thc ttext financial year. the ttustees ate comfortable thatthe charity will cor1tin to exist for the for¢seeable futtty Pln8 for fthr¢ perlod8 A key priority for u5 this will be to understsnd the detsÉl of the Illegal Migrallou A¢1 a1 support members to mitiEat¢ the worst of st and coutinue to ¢aDwawi for a fair just imn)igration and asylum sy5ttm. Wc will continu¢ to d¢liver ott Dur strategy to cnd destitution; lo lltiplement the learning from our Design Lab work io improv¢ 8g¢m¢llt wsth al by NACCOM TmberS. to tnsure that NACCOM is or88nisation&lly and fiTYdncilly in the right place ts deliver for th¢ nehvork and to build on the opporny)iti¢s of our Colluuurtity Research programsne led by pwpl¢ with lived exwience of the Kfug¢¢ jovmey to settlement ITL the UK. A5 trustees we wollld like to thank all our funder5 and th)nor8 wkn have supported us along our journry to date. in¢ludJng our new fLmdiLg partner. t Oak Foundation. We are ifjcredibly grnteful to our staff ieam. volunteer%. m¢mbers. partners and $tsk¢hold¢rs for th¢ir dili8cncc and COTllmilTn¢nt to excellence Nrythin a ¢omplicated operating environment, which is consistently 1voki to Gtcate fiwth¢r barriers to people s¢ekiog asylum and rni8rdnts being able to settle and intcgrate ill the UK. We are always illDovat]]Jg lisi¢niJ)g io our m¢n]bers. friends. vtslwiteers attd panCr8 tsknng learning into arti¢m to ¢nsure we are ¢onbtstwJtly evolving as a OrggJiS&tio as well ag developiTLg and responding to b¢st practice. Th¢ tyust¢es' attllual wort wa5 approv¢d OTr 6 October 2023 dnd ()n bLhallof the board of twst¢es by..
NACCOM Slatement of Fthandal Aeilvldes (fincorporating the incom¢ and expendltllre account) 30 June 202.1 2023 liestricted fuTKls Ttstsl fllnds 2022 UJJrestricled Dds Toia] fill Donations. gifts Ènd gratsts Oth¢r inr¢)t))e 257,398 6.814 45,194 302,592 6,814 3211102 Tothl iDcome 264,212 45.194 309,406 12&OC•2 Expendltllre ExpenditsTe on raising fvTJds: Co818 of rtising d¢)nÈtioll¥ And Ir¥a¢È¢¥ Exp¢nditure on eharitabk activiti Totsl WADdItre 6,514 63,981 514 42J.453 4,942 307,3117 7J 359,472 359.472 70.495 429.967 312249 Net {expenditure) l (95,260) {25.3011 (12OJ61) 13.753 Tranjkr betsTeeB 22239 {22.239} Net movetnent fllrtds 173,021) {47.540) (12QS61) 13,753 Reco(1}1tioll of fvnd8 Toral ndS bToughi fvrward TotAI flmds Carried fDrsYaTd 278,587 65.322 343,909 330,156 205,566 17.782 123a48 343,909 Th¢ ¥tat¢m¢ttt of financial activities icludeB all lts8 and losses reco8nised in the year. All income 2nd expenditu d¢riv¢ frorn contilluingactivkti¢5. Th¢ llotts 11- 19forJll pArt of thts¢finmefjAl
NACCOM StateDJent of nanCIal Posltlon 30 June 2023 2011 2022 Crrent ass¢ts Debtor5 Cosh ai bank and in halld 12 4,781 3O2J84 2,101 440,389 307,165 442,550 Credltors: f11£ due within (tylle year 13 83.817 98,641 fl¢t ¢urrellt a5aets 223J48 343,909 TotAI 8$9¢ts less tumnt liAbili15es 223J48 343,9Q9 Net assets 2Z3J48 343,909 Fwids of the d)arlty lie5tricted fund8 UTrre5triGted funds 17,782 2115,566 65,322 278,587 Tot £h8rity 15 223J48 343,909 These financial st4t¢ments were approved by the FM)ard of trustees and authorised foT issue oll 6 October 2023, and are signed on behalf of th¢ board by.. Tr notrs py 11- 19 fom p2rtof thOsefinand stteiiYil
NACCOM statellnt of Cash Flows Year ended 30 June 2023 24123 2022 C#slt frow operatlng a1VItieS Net {expenditure} / income (120A61} 13,753 Otber ititerest receivabl¢ 8¥Ld 5iwiltr income Trade and debtors Trade and Ot1 Creditors (2,020) (14,824) (13IO1)S) 12,777 (70.5) (43.7261 C86h gcn¢rated from operalioDS Interest Teceiv¢d Nei cash used in opesatlllg a¢iivities {138,005) (43,726) Net decrease th esh aDd cash eqylvaleTrts Cash eash equI1¢ts at beginning of year Cash &rtd rash ¢q1valents t end vf year (138,IA15) 440J89 (43,726} 484,115 3O2J84 440,389 notrts ott pgtt 11. 19fom pArt of th¢s¢fjn•n¢ld rtteMettt&
NACCOM Notes to the nancIal Statements Year ended 30 June 2013 GeDÈral fDfomatAon The ¢harity is tegistered chartry in Englanil and Wales altd is tt th&r1ble ittcotyorated oiBallis&tioll. Tkne addr¢ss of the principal oifsce is Youth R¢Soye Centr4 Oxford StteeL INbid¢yBay. Tyne and Wear, NE26 IAD. The ¢barity is a thlic beJLefiÉ entity. Statetvnt of compll8nee These financial $txl¢]nents hAve been prepared in COULpliau¢¢ with FRS 102, The FiD3ncial Reporting Stsndatd 3pplicabl¢ xti the UK attd the Republic of ITf]and', tb¢ StatC2llcLt of RoINd¢d Practice applicable to charities prepartng their accouuts in Accord8nce with thc Financial R¢p)rting Siand app]icable in the UK 8lld Republic of IrelaDd (FRS 102) (Charities SORP IFRS 102)) and tile CJwiti¢s Acl 2011. Aecountlng poAleie$ Basis of prcprtioty The financial statement5 have b11 pr¢partd the historical cost basis. I'he fit)ancial statements are prepared tn 8terlin& which is the CutL¢UODal ¢wrew of tho entity. Going concer At the time of approving the fiDtncial slatements. the trust¢es have a rwonable explItIOn tIMtthe charity has adequak resoijrces to continue in operntional existtne¢ for tbe fore8eeable fvre. The tsustees are confi(knt that ihe cknity has sufficient working ¢apital to Meet tts liabilitie5 as th¢y fall due for a period of at IvAsI 12 mijtsths froin th¢ dat¢ ofapproyal of the finartCi81 ststements. Th¢Tcfor¢. the tsu8tets cojitinuc to adopt the going eoncem b&9is of aecountittg inpreparingthe financial sthtements. Judgements #nd key owrees of estiwtion un¢¢rt8inty The Preparation of the fujancial statements requires management to nmke judgements. e8timates and assumptions thataff¢ctth¢ 4m(>unts reported. Th¢ e5tim&tes aTxI judgements are continually revÈewed ond ale bascd on ¢xperi¢n¢¢ 8nd tsther hctors. includin8 eXptationS of fvture events that are b¢li¢v¢d to be rea50rthble under th¢ ¢1UmSta¢s. There are no key sourct5 of ¢51ithaÉion unecrtainty to rcport that hav¢ a si¥nifi¢ani risk of causiog a material adju51tuent to the financial sthiement8. Unrestricted fun(k are &vailable for use at the discretion of the ttust¢¢5 to further alty of the clmritys Prposes. tk5184Jated fimds are unrutricted lld8 ¢ar[r by tht tfU5kes For J>articular proje¢t8 01 cotnrnitmeDts. Restri¢t¢d fimds are subjected to restrictions on their exp¢nditure declared by the donor orthrough the ternLS of an apal. and fall intts of two sub-¢l&%ses.' restricted income fId$ or¢Ddowment funds. 11
NACCOM Nots8 to the Financial Statements (cvthx•erf) Year ¢nded 30 June 2023 A¢¢oontiMg polkleg ltseomlng resources All incoming Tesource$ 8Te included in the statcmEnt ot fin8rtcial &tivittes when ¢nts"ttement has p8ssed to the charity., it 15 probable that the ¢conomic benefits asso¢i¥trd with the transa¢ti(n wryll flow to the charity and the amount ¢anbe r¢liably Th¢vred. The following spttific w)licie8 are applied to partiCLdar categori¢s of income.. Tn¢otne from donatiows or 8tatits 18 rtto8Dised wben d¥re is eYid6nce of ¢lltitl¢ment to th¢ gift, rx¢ipt Is probabl¢ alld its aDX)unt call b¢ tn¢asur¢d reliably. L¢ga¢y incotne is rco8llised when receipt is probthle ¢Id¢menti$ ¢stsbli81Mi lttcome from donat goods is meosured at the fwr value of the go(#18 unle55 this impra¢tt¢a] io mcaSUTe r¢li8bly. in which case the v81lle 1$ derived from the cost to thc donor or the estimated resale v¥lu¥. DI)ld f&ililie¥ Services are recv8llid ID the accounts wh¢LI ]V¢d if the va]tte Can be reliably tneasured. No anntS are fftncluded for the contribution of general volunteers. Incorne from lltraCts for th¢ g]ppfy of Serviw is re¢ogni8ed with the delivery of th¢ ¢ontracted service. Tbi8 is classified as Unre5tEjCtedfids UnlesstTe is x tontract1 requiremcnt for it to be 5p¢nt on a parti¢uJar pwptr5e alld returE ifvtspenl iti which case it may b¢ Fegarded a5 T¢5tri¢ied. Resource5 ¢4beTrde Exp¢nditure 15recogllid on anatctuals basisas a liability is incurr¢d. Exp¢DditllTeincludc5 anyVAT which cannot be fully recovered. and ss Classified er headings of the statement ot tiDan¢ial activities to w.¢ it r¢lates'. Expenditure on raisittg fi]nds illcludes th¢ costs of all fi]ndTri8in8 activities, event& non-charitable trading activitic5. and th¢ salc of donat goods. Expenditwe on ¢lwitabl¢ activiues includes all Costs incurred by a chartty undertaking a¢tilYti¢S that further its ¢haritabl¢ airns for th¢ benefit of its beneficÈaTies, including tbose 5UPPOrt ¢osts and costs Yelating to the goveman¢e of the charity apportioned to charitable kctivilies. All Costs are allo¢&t¢d to eXpeNi1t categorics r¢tl#ting the use of the resource. Direct costs attributable to a Bingl¢ activity kr¢ &llotht¢d diTr¢tly w tbat &ctivsty. SIed £osts are apporlion¢d betw¢1 ¢h¢ tiViti¢8 they rolltributE to (m a t&winable, justifjable and coJsist¢nl b&sis. 12-
NACCOM Notes to the Flnancial Stat¢ments(c•lv•El) Year ended.10 June 2023 Frnan¢W ID8trumeuts A fi02lleI assetor a financial liabiliry is r¢¢ogDised only whco the ¢ttiiLy bxoJJ]es a partyto the coDtta¢ttsal provisiow of the iostrurnelll. Ba8ic film11 instn]mentsare initialEyr&ognisedat th¢ amountreceivablt tsrpayable includmg allyIelated tran8action costs, unless the arrangement Constitute5 a fLtwKing tran5attson, where it Is recogtL15ed at the present valu¢ of th¢ fvture payments dsscounted at a mark¢t rate of interest for a similar debt imsburnent. CurreDt as5¢ts and ¢urr¢nt liabAlities are sub5equ¢ntly m¢asuTtd at the cath or oth¢T WldernOI) ¢xpected to be paid or receivcd aJMI not discounted. Debt instsum¢Dts ar¢ subsquently Tnea5Lwed at 8mortised ¢osL Financial assets that are m¢8wed at cost or amortised G05t ate review for objective eviden¢e of impairmt at the end of each re1lAS date. If there is objective evidence of iTwirnKni, an tmp2irmeut loss IF r¢Gognised utmler the appropriat¢ hcading IT) th¢ stat¢ment of fi]Laaciai tIVitieS in Which the init181 gain wa¥ r¢¢ognised. Any reversal$ of impairneni are reglsa imm¢diately, to the exmt that the ieversal does ntst result in a C2rrying aTnount of the asget that exceed8 what the canying amount would have been had the Impairmcnt not previously been r¢cognised. Defined coDtrH>lltion plAns Contribution$ to defitt¢d contrtbutiott plans are lee0ES¢d as #rt ¢xpe*se in the pertod in whirh th¢ r¢lat¢d sernir¢ is pruvidcd. Prepaid iontributioi)s ar¢ T081115¢ a$ &tL Lsstt to thc ¢Kt¢nt that th¢ prepa)rynent will lead to & reduction in futyre payrncTts ora Coshttfimd. When conthbutlOlJ5 are tjot expted to k settkd wbolly within 12 Jtwnths of the end of the r¢)rtIllg dat¢ in which the employees render the related scrvire. the Isability is naSUred on a discounted pr¢gent value bASiS. The Unwind of tbe di%ount is reeo8tJised as an expense in the peTiod irt whiLh it ari8&8. V<JluDtAry asststaDee Time is expended on ChIty'S activities and gtsverna which 18 donated free of charge. It is Impractical to quantify the luc of the time give attd accordingly it is neither rtcorded as doLat¢d inwme nor a5 expense in the financial %txt¢ments. ij-
NACCOM Notes to the Flnantial Statements(un•t) Year ended 10 June 21123 DO¢8 & legatles UltrICted Funds R¢slricted TotAI F8 Futtds 2023 & Gitts Gifts BBC Appeal Donations 15,853 15,853 Paul HandynFouDJats Oak fowidation AB ChaTitable Tr{ 63,IH)O 56.667 50,000 63,0(rfb 56,667 50,000 42,944 3&333 2S000 2,2511 42,944 Es Fairbaim Foulldatioll The TudorTrust Lloyds Foundation 38,333 25.0(M) 2250 Sub5criptiorts mernbe 5ubs¢IipLiOtks 8.545 8,545 257 J98 45,194 302J92 UArwtricted Fund$ Restricted Toial Fwids Fund8 2022 DonAtillll5 & Gifts Gifts BBC AA)e&l Donations 15,486 42.760 15,486 42.760 Grant8 Paul Hau]lyn FoutM1atii)n Unbound Philanthropy Esme¢ FaIrbrn Foundatton Lloyds Bank Foujti0n The National Lolkry Cornnwnity Fund The TudOrTnt Other People'sVoi¢e Medta.IHLF Homeless LiDk (LloydsBank FouDdation) 60,000 54.167 43.750 60,000 54,167 43,750 32,468 31,088 25,0(X) 8.333 2.500 1,5fM) 32,468 31.088 25.000 8J33 2,51M) 1.500 Subs¢rlptlons Menthers subscriptioiis 8.950 8.950 259,946 66,056 326,002 14-
NACCOM Notes to the Ilnancial Statements (1464) Year ended 30 June 2013 Other IDcome Unrcstricted Totsl Funds UDrestriLird Tot•1 Fund6 Fund8 21123 Fwids 2022 Evellts ith¢om¢ Otber ine4)me 843 5,971 843 5,971 6,814 814 Colts of rai8lng dOaOnI alld lega¢les Reri¢td Totsl Fuuds Funds 2023 Restrict&l Total Funds FuDds 2022 6.514 6,514 4.942 4.942 Expelldlthre ¢hrftsble let1(leS by fDd type UtLrcstri¢¢¢d Fuods Restricted Totsl Fund$ Fut 2023 Annual conference alld ttwo]ng llts stsff costs & related expenses Other a¢tiviti¢5 Mark¢tiDg and ¢oMt)nLcdtio8 Support ¥vsts 2,757 270,519 48,395 712 37,089 I,296 55.899 3.654 754 2,378 4,053 326,418 52,IM9 1,466 39,467 3S9.472 63,981 423,453 Unrestricted Funds Total Funds 2022 Fld8 Annual collf¢r¢n¢e alld netwo]ng evellt8 Staff ¢tssts & related expeose oth actiwties Marketing and comrnunicatioyjs Support Costs 5.645 168284 32,006 1,681 72,516 4,740 978 3.085 7.326 240.¥QU 36.746 5.015 17,420 14,335 224,307 S3,0? 307,307 15-
NACCOM Notes to the FlnaDci41 Statements Year ended 30 Jun¢ 2023 EKpcnditsre on charitable xcttyitles by KthpIty typé Activiti¢5 lllldellaken TotAI funth th"tectly 2023 Totsl fId 2022 Annual collfcrewe and oetworking cyet Staff costs & related expenses OTher &Ltivi¢ies Markdsng attd comnwrrications Support Costs 4.053 326,418 52,049 1.466 39.467 7,326 240,800 36,746 5,015 17,420 32&418 52,049 39,467 423,453 413.453 307.307 Inched within wpport ¢OSL8 art £5,189 {2022.. £2,214) relkn"o8 to 8ovfflJaa¢¢ ¢osts. IAdep¢Dd¢nt ¢xamkner's fees 2023 2022 Fees payobl¢ to the independent exarniTLerfor. In(kp¢ndrnt eXan)IttIO of the fitwjcial 5tst¢llffjits 1,250 O. St&ff costs The total staff and employee benefits for the Teportillg period are aDalyxl fvlluw5'. 2023 2022 Wages and 3alarie$ Social 8e¢vrity costs rnployer co[]bUtionS pension plans 268.843 22,705 14.414 19,477 12,010 305,962 232,122 Thc aTr¢rn8e heod countof errtploy¢¢s during the year wa$ 9 (2022: 7). Key n]aDagetneDt P¢T50Dn¢l ¢ompensation ill total w&8 £72,391 {2022.. £53,245). No emplo reG¢iv¢d employee benefts of tha £60,000 duriD8 the year(2022: Nil). 11. Trustse remuffj¢r8tion eJpe8e5 No fern(meratiOD OT Other bthefits from employmenlwith the ¢han"ty or arelated entity were receivedby the truste¢5. During the year £1,15012022= Nil) was Trimbursed to Trustees for expeJJses relatin8 to travel. atto]nmodation and sub5i¢n¢¢. During the year, £Nil tsustce Jonations were made (2022.. £Nil}. 16-
NACCOM Notes to the nAncIAl Ststements Year ended 30 June 2023 12. Debtws 2023 2022 TTts debTrrs 781 2,161 4,781 2,161 13. Creditors: falli due tme year 2023 2022 Tr3d¢ creditors SOCI security oth¢r tsx¢5 OLhtrr Lrcdito 1698 178 13,707 84.756 81,119 83017 98,641 ItsclUd within oth¢r cr¢diiOt8 is £75,916 (2022.. £80.000) of d¢frf income frorn gtynts r¢¢¢ived in advance of th¢ workb¢AtigperfozJneQ details of which aT¢ tsoied below: 2023 2022 Esmte F#irbatrn Founé&tion Paul Hanjlyn Foulldation Oak Foundatio Th¢ TudoT TTth%t Other 33,333 30.(KK) 33,0( 28.333 12.5( 2,083 12,500 4,167 75,916 80,0(M) Dwing the ye4T £80,(N>O relt&sed to the sl8tem¢nt of fjpaucial aetsviiies from defeTred income. 14. and other pDst-retiremeBt bERtfits Defthed contrlbutlon The amount reCo8¢d in in¢ome OreXpendi a5 allexpense in ttlation to defined contributson plans was £14,41412tU2.. £12.010}. 17-
NACCOM Notes to the Financi41 Statements Year ended 30 June 2023 UJwestri¢ted funds At l Juty 2022 At 30 JUD¢ 23 TratLsfer General fijnds 278.587 264.212 (359.472) 22,239 205.566 Re8tritted fund At k July 2022 At TrÈn8fer 30 June 2023 ome Expenditure Lloyds BaukFouthion Th¢ National IA)ttery Cctnw)urrity Fw PeoplE'& Vui¢¢ Melli# The Tudor Tnt 61.138 837 2,500 2250 (28.649) (34,739) (837) 2JOO (847) (40.162) 42,944 12.51XJ 1SJ82 65,322 45,194 (70,495) (22239) 17,782 Unrestricted fndS At l Juty2021 At 30 June 2022 Inwme Expejxltlure TT8llsf¢r Geller fid$ 222.253 259,946 (224,307) 20,695 278,587 Restricted At l July 2(r21 Income Expettdittir¢ Trall5fer 30 June 21J22 Lloyds Bank Foundation Me0pOlIn Housing Trt The National Lottcry Cojrrnunity Fud Path Ham]yn FoultIon P¢opl¢'s Voicc M¢dia The Tudor Trust 51.689 22.229 11.290 20,695 32,468 (23,019) (22,229) 31,088 (41,541) 61J38 837 {20,695) 2.500 2,500 847 {1,153) 107,903 66,056 (87.942) {20,695) 65J22 Lloyds Bk bouadation- rcstrictcd funds to sw)port r¢fiw ard asylutn s¢eker charities to intluence chaAg¢ througb policy. advocacy and evidcncc collection. Metropolit8n Housing TTLtst- Restricted fi]nds to support reyugee and asylum seekers with hardslllp fund5 duTing th¢ Covid-19 ¢ri$i8 I1 s¢parnt¢ funding to 5UPPOrt our dclivcry of th¢ Rcspond and Adapt progratnm& The Nationat [A)tteryCon]MltyFUnd- One-year thnditsg aspartofa cohort otinfrastNctte organisatiolls to work with the Design Lab to strengthen Dur member eng88enKnt and offer. P&ul Hamiyn Foundation - C(¢ ¢osts toward8 8thte8 to wpport NACCOM to rcdu¢¢ alld pr¢vrnt de5tituttoii al[g$t p6ople 5eekillg &8ylull4 r¢fe8 with iu pubh"L fulld¥. 18-
NACCOM Notes to the Ftnanclal Statements Ye9r ended 30 June 2023 IS. ArMty815 ofcb#rltabl¢ (¢•JndrtMed) Peopl¢'5 VoEee Media- Contribution towarils our Tole 8$ advisory llmber attd partt2er organisation ID tke HOME proje¢Q wi)i¢h w£U ¢olle¢L curat4 aud disseminate the txp¢ricnc¢s of rnifdnts (including refugees, people see&ing asYlts other rniwsl living in Northern England over the tast 10 years (2012- 2023). Thr TudvrTrust- Aiowtde an utkrcstricted fiuMiiTtg gFatrt we wsYcdTestricted fLmding forCovid-r¢lated HRand wellbeing suppott FuEJding noted as 'Oth¢r' is frorn a funder thai does T)Ot wish to be tdentified bul has provided us a 8rdD¢ to ¢ontribuie our local support and iuflueAtin8 work. BBC Radio 4 Tharity Appeal - After ¢on8ultsliOtt with the NACCOM nthvoyk, NACCOM tnJstee8 hAv¢ signated the funding from thr BBC Radio 4 chlty appeal to be used for fullth7isin¥ and well-brin support brNACCOM member 16. An¥tysls nel assets between fllDd¥ UnKstricted Fllttds liestricted Total Fulld8 Funds 21)23 Cwrent fjS8¢ts CrcdÉtors less than l y 289,383 {83,8171 17,782 107,164 {83*171 Net Assets 205.566 17,782 223J48 Unrestricted Funds Rwtritted Futsd$ Total Futtds 2022 Current ass¢ts Cr¢ditor8 less than l year 377.228 (98,641) 65J22 442,550 (98,641) Net assets 278,587 65J22 343,909 17. Re14ted partSe Thrrc ar¢ no r¢lated paty tranSonS during the ycar end¢d 2023 to report (2022.. £Nil). -19-
NACCOM Independent ExaBJlner's Report to the Trnstees of NAC.COM Year ended 30.lvne 2023 l Teport lo the Iriisl¢es on my ¢xamination of thc fiTratLcial 5tr4trfftrnts of NACCOM {'thc charity) for the year ended 30 June 2023. Responslbllltits attd b88is of report As th¢ trustEFS of the charity you are TeSpO1b1C for th¢pr¢pwTrtiQD ofthe fjllhttcwl statements inaccordallce with tht requirern of the ChatitiC5 Act 2011 I'the Act,). I report in respect of tnyexamin8tion of the chan.tys fiDan¢tal strdternents Ca]ed outunder se¢tion 145 of the 2011 Act and in carrying out my exaTnillatithJ I have followed all the applicable Directions by the Charity Commission under section 14515)(b) uf the Act. Indepdent u*mitier'B statemeJLt Sincc the charity's grtsss iDcotne exceed1 £250.0(X) your exalltiller be amember of a t4)dy listed in section 145 of the Ch&ities A¢t 2011. I CODfjrni that l om qualified to undertake the exaniinafion because l am a member of the Institute of Cbartttd Acco(t$ ID Englaod and Wales (ICAEW). which 1$ otic of the listed IxMSies. I have complcted rny cxarnination. l ¢onfirni ththt tto material matters have Lxjme to att¢ntion ill wnnection vrfith the examill4tion ¥ivillg me ¢aus¢ betieve that iti IY taterial r¢S¢t. aOunting records were kept ill respect of the dian.ty 0$ wired by stction 130 of the A¢L' or the fillaxcial $tAt¢ments do t)ot aecord with thase recoTd5" or th¢fittancial statements do not comply wtth the applicabl¢ rqu1rccts concerning tbe forni and content of accouts 5Ct out illthc Chariti'e5 (A¢¢ounts and R¢pofts) Regulations 21M)8 other dayr¢4uir¢tllellt that the accounts give a 'ttw and f8Jrf view wbi¢h is not a tter considered as part of all indep¢ndent I have no concerns and have come across no other m&1krs in eontiectiott with the exarniDaiion to wbieh 8ttention should be drawn in this reptsrt ID (ler to enable a proper undcTsthnding of tkn a0VlS to be reached. Rachael O%wald BA ACA STEPHENSON COATES AUDIT LIMITED Member of the ICAEW West 2, A5ama Court Newcastlc Bu5in¢55 Park Newcastlc uJx)n Tyn¢ NE4 7YD 6" October 2023