DoGu5ign Envelope ID". 7F2DEBsB-6637417B34s-gocE09A97C66 CHARITY REGISTRATION INUMBER: 1162434 NACCOM (No Accommodation Network) FinancRal Statements 30 June 2024 STEPHENSON COATES AUDIT LIMITED Chartered Accountants & Stattilory Auditor West 2. Asania Coiirt Newcastle Business Park Newcastle upon Tyne NE4 7YD
DoGu5ign Enve5ope ID.. 7F20EBSB-6637417B-B345-gOCE09A97C66 NACCOM (No Accommodation Network) Finrdncial Statements Year ended 30 June 2024 Page Truslees, annual report tndependent examiner's report to the TnLStees Statement of financial activities (including income and expenditure account) Statenient of financial position Statement of cash flows io Notes to the financial slatemenls li
DoGusign Envelope 10.. 7F2DEB5B4637417B-B345-90CE09A97C66 NACCOM (No Accommodation Network) Trustees, Annual Report Year ended 30 June 2024 Thc tTUStees present iheir report alld the unaudited financial stiltements of the charlty for the year ended 30 June 2024. Referenee #nd admini5tr&tive details Registered charity name NACCOM (No Accommodation Network) Charit). registration number 116?434 Principal offEce Youth Resource Centre Oxford Street WlJitley Bay Tyne and Il'ear NE26 IAD The trustees Chief Officer Independent examiner John Osivald FCA Stcplicnson Coates Audit Liinitcd Chartercd accountani & li)dependent exatniner W¢st 2. Asama Court Neis'Lastle Business Park N£'caStle iipon Tyne NE4 7I-D Banker5 Unitv Trll5t Bank PO Box 719i Planetciry Road Il'illenhall WVI 9DG
Docusign Envelope ID.. 7F2DE85B46374178.B345-90CE09A97C66 NACCOM (No Accommodation Network) Trustees, Annual Report Year ended 30 June 2024 strUcre1 goyernanee and management Go'ernin document and Tnember5hi NACCOLM is a Charilitble Inco]porated Organisaiion {CIO} established on ?6 June ?015, governed by its conslitulion with 'oting members other than ils charity trustees. The Charity Registration number is 1162434. By the end of Junc 20?4, tlie charity had 135 members. including 67 fiill m¢mbcr organisations with voting rigFht5. New members can apply for membership at any time throuuhout thc year. A fllll m¢mber musi be accomTnodl< ting at leabt one pers01) seekina asylwn with no re¢ourse io publiL fund5. Full TllCTnbcrs have one N'ote at the Aiinual General Meeiinu IAGMI. By the end ofJune 2024. NACCOM also had 68 aS0clare inembers lorganisations who do noi acLumrnodate people seeking asylum iviih no reLourse to public funds but are supportive of the aims of NACCO.Ul who do not have votingi rigyhts but can participate in and benefit from all other NACCOM activities. oinlinei)t aiid retirement of Trubt¢¢S' Tlie Cliarity ciirrently has seven IrustE¢S ILfiDed doivn as a irusiee at the AGM in Noventser ?073 and iTre 1s.ould like to extend our IhJnK5 Iitie iuriiiilllv iur .'L)niribuiion ab a Tjubtee binLe 2018. A5 per the constittition. one third. of.211 IriiNILL4 Iti.'i .1 r(Il,'Ii.'i)ii'il Iid.%ixl ieiiie al eaLh Ac1 and seek re-eleilion if they wish to do so. .vere re-appointed ti)r '.Ini>sli&i' Ivrm ibl- tliTV i'ifs I Illi 41 Ill (111 Ll Noveniber 2023. '1-he ncxt A6fv1 i.s on 14 Novtinber 2024 wheii vill retire aiid staiid tor rL-cleLiion. Four neiv Iru5tee5 are als<) billl PLII LuiiiaiLL Lu be votLd in Jt Il)c.4CTM Iii Noveinber 2024 ajid we have started to work ot) our succession plan over Ihc next term of our curreni Chair. Or(Fanisation'. Thc Cliarity 15 organised so that its trnstees meet regLilarlv as a whole Boi2rd lat Icast four times a yearl to review lis affairs and sct objcct1.e$ Mith %ub-¢ommillecs la tnixtsre of Tnistees and statll meeting between Board meetintss to discu5 PCclfc i%sue5 %u¢h as the manatscTncnt of accounts, tundrai%ing, human resource5, safeguarding and Tncmbcr.%hip appli¢ation%. NACCOM had a staff teaTll of ninc pcoplL during thi ycar whu haN'e all worked remotely in various locations throughoiit England. Objectives and actlvltle5 The objectives of the CIO are.. a) To prevent or relieve poverty among refugees, asylum seekers. and IniaThts Th'ith no recourse to publi¢ funds li&in? in the United Kingdom. b) To advance the education of the public in general in th¢ subjeLt of asyliim. Vision r*ACCOM'5 vision is tor the UK to liave a tair, just and humane asylwn and inliorall0n system. Iwhicli enables petsple seekin(T asyluiii, retugees and oth¢r rnigrantb to be free froni destitution and lo lie i¥ith dignity aiid a¥enLy. i ission Wc bclicvc that destitution ha5 no place in a fair, just and humane asylum Lind 1Tnmiat1on System. Therefore E4ACCOM exists to promote solidaTlry. connections and 4ood practice to assist the establi%hment and delivery of aLcommodation and %upport projects ivorking 1th people facing destitution becaiise thty are in ihe (Isyluni and immigration system in thc UK. In lddition. we work with membcr oruanisations. partllers and siipport¢rs to use the eidence and tesiimony of NAccOl tneTnbers and people 7th lived expcrIcnce to inflllell¢e changc at a local, regional and naiional level to creatc better path'avS out of desiirution and end destittition for good.
DocAJsign Envelope ID.. 7F2DEB5B-66374178-B345-9DCE09A97C66 NACCOM (No Accommodation Nehvork) Trustees Annual Report Ccviilin¥erf) Year ended 30 June 2024 ObSeetlves and activities lefjKtiiiiied) We our Vision. Mission and Values into practice by.. ProTriding netiyorking opportunities io ¢ODnect members and facilitste the sbaring of knoivltdge and promoie good practice io provide pathii'ays out of destiluiion. Ive do this Ibrough rcgular Iraining and networking events, an anllual conference, an online members, forum and library of iiiformation and resouries. Gathering alid disseiniiiatilig data oil destitution and usin¥ this to tackle the root cau5e5 Of destitution ihrouoh poliiy, lobbvinLT and Larnpas¥ning. E¥)th ourselves and in partsjersliip ivith other5. Working iV1h our members and ivith thos¢ with I1'¢d experience of being destitute to ensure that the human flcc of destitution is shared witb the wider public and decision makers. We do this by training and supporting people with experience ol. th¢ a.%J'lum and immigratloll Sy5tein to Tesearch and communicatc their fJt]dinqs and experiences. through media ivork and through 5UPPOrtintr members with their communications. Strategic Goals for 2022-2026 We are mid-way through our Strategy and continue to make prOeSS tolardS our strdtegic goals. Goal l. The root e#uses and buman impact of destitution and solutions to end destitution are better. Priori interim outcomes for 2023-24 that hel rotrress towards this oal.. People witli lived experience have more opportunities to Shape polT¢y and practice Decision-makers and key stakeholders listen tnore to people with lived experience Decision-makeTS and key 5t&keholders use NACCOM evidence to make positive changes to ending destitution NACCOM members are more confident to use ei'idenLe. daia and case studies to show the need for and 'aliie of their scrkices. Goal 2. People with liytd experience play a fore and equitable role In hlghlivhting the human impact of destitution and treatfing and sharing the solutions to de5titlltion promoted by F4ACCOM Priori interim outcoints for ?0?3-?4 that hel us ro ess loardS this 0a[.. People with lived experience ha't mole opportunities to shape policy and PTactice Deci5ion-makers and key stakeholders listen inore to people with lived ¢xperitnc¢ Decision-tnakers and key siakeholders use NACCOM evidet]ce to make positive chanses lo ending destitution. Goal 3. More policies and practlce exist to support the eDd to destitution Priori interi utc rnes for 2023-24 that hel us ro ress to1.ardS this oal.. Members hai'e a good llndeistandinu of reasons for and path'ayS out of destitution NACCOM members are more confidcnt to use evidence, duta and case studies io show the need for and 'alue of their seTriLes NACCOIll members deliker safe and good quality places of aecommodalion and proi'ide impa¢tfiil 5ervice5 NACCONf members feel berter supporied to work iviih Housing Associations and local authorities Howsing Associations and local auihorities are better %upported to work with NACCOM members Decision-niakcrs and key stikeholiters listen more to peopli ITrth liN"ed experience More and better partnership ii'orkin(T ex15tb to end d&qiitUlion DeLiSion-makers and key stakeholders use N.4CCOM evidenLe to make positiN'¢ change5 to endin( desiinilion.
Docusign Envèltrpe ID.. 7F2DEB5B.6637417B-B345-90CE09A97C66 NACCOM INO Accommodation NetTrvork} Trustees, Annual Report Year ended 30 June 2024 Strategic Goals for 2022-2026 (co111iftiied) Coal 4. More and better sersryce5 exist to support people out frf Smmedlate destitution provide long-term pathwa)'s out of destitution. interim outcomes for 202i-24 that hel Same as strate(Tic outcotne thTCe. ess towards tliis oal.. Achievements and perlorm#nee Gool l. The ro&t r¢ii&e$ human iiiipacl ofdestilutiort and soliilluns tv end deslitiilivn ure better understood In December 20?.3 NACCOM iyas cliosen as one of tlie Guardian and Obsetvei CliaTlty Appeal 2023 partners, along witli our friends and NACCOfvI meinbe15 Rcfuuees at Home and Refugee Council (representing thc Refu(Tee Councilb uf Great Britainl. Tlie chosen area of %upport was retugees and people in the asylum systeni. and the appcal ran from 8 December 2023 through tu 14 January ?024. The appe31 raised over £1.4 tnillion froin Guardian aNI Obs-eTrer readers and enabled us lo tell incredible stories froTll across the NACCOM t]¢twork across the Guardian's pltsiforms. After receiving confimiation of our portion of the nds, as iN'ell as a contribution to NACCOM'S Core costs, we were delj(Thled to re-orant £i76,208 to NACCOM Tnembers. Homelessness amongst refugees leaving the a5yluin system has been on the rise over the last year. irl l&ifbFe part due to a change in proces5 to the asylum move-on period, intrDduLed by tlie Home OITice in August 2023 Ibut sillLe rtversedi. Ivhicli left many newly granied refutsee5 suddenly facing homelessness when iheir accommodaiio and support ivas abrupily ended after their arant of siatus. These changes have seen a huue increase in dcmand for support fromNACCOM nicnibers, and hak.e directed niucli of ourpolicy and advocacy 'ork ov'er the last yedr. We also pl01ed ivhen ihe General Election was announced to ramp up our work iwith HoTneless LinL including co-ordinating an opcn Icttcr signed by over l 00 organisations as part of our pre-General Election campaigning to urge ihe main parties to addres5 the i&sue of migrdttt homtl¢ssn¢ss. In Ociober ?023 NACCOM joincd the e.lY expanded Asylum Refornl Initiative (ARTI Governing Cjroup. ARI is a collaboration betwecn thL key national refugee aiid asylum charities. This aleS us an opportunity to i¢pre%trLt meinbers at the highebi leTr'els of the 5eLtor and hai'e reaLh into ivider deiision-makinbF strateuies. as well as ensure Ihat homelessness and destitution arc high on the auenda in any di5CI15SiOll5 about asylum sj'stem reforni. As part of our role on the advisory groiip, Ive participated in the launch of tl)e 105eph Roii'ntree Foundation s D¥siilLirioii in tlie L'KrtsearLh. %h)Ch. amon8 tnany t1)Ins. highlighted the inLreased risk of destiiulion iu Miants tn the UK. Goal 2. People wirli lived e.Yperieii¢e pl4y o CQTe uiid equitable rol¥ iii higlilighiing ihe impacl uf rfesliliilioH aiid Lreatlllg uiid shurittg solutioiis lo destilutiomproiiioled by iVACCO.V The Community Rosearcliers first bespoke report 'Refu5cd' launched in July 2023. shoiving that people who are refused &%ylum in the UK. in manv Lases unjustly. can face extreme hardship, including destitulion, homelessness and declining physical and mental health. folloivintr a ne_Eative decision on their asylum claim. The report launched acniss a rnni¥e of eTrent5. culminating inan exhibirion of the Community Research report illustrations in pannership ith the Museum of Homelessness ill December 2073. NACCOIM staff and a Community Researcher spoke on a panel at the All Pam Parliamenta Group IAPPGI for Endinq Hoinelcssness meeting on how ive can ensure that no one is discharged from a public setvice into hoiiitlessness and onto the streets. with our tOLUS beinu on Horne Office Accommodaiion. The APPG subbequently agryeed lo recoinmendalions such as 56 davs. notice to leave acconunodation and 'rote to the GO'ernment to support Ihese initiative5. The Con)muniti. Reseaicheis a150 delivered a lii'cd experience group ab part of the APPG for Poverrv and Mioration joint Inquirj inti) iN.hether ]d ho. ll]lliiiqration/asyliim poliLl¢S are Luntributing tv poTr'erty in the UK.
DOCU9 Fnvelope10.' 7F2DEBS84637417B.B345.90CE09A97C66 NACCOM (No Accommodation Network) Trustees, Annual Report (cyiilinu¢rfJ Year ended 30 June 2024 Achievements and performance Icontiniied Goal 3. Morepolicie5 andpr&crfce exlstlo Smppofi the end io dÉ.ftitulion On 7 March 20?4 in York e held our fir%t in-person allnual LunferenLe since 2019. bringing together 130 members. partners and people ivith lived experience from 65 different organisaiions. We were delited that Pairick Builer. Social Policy Editor at thc GuaTdsan land driver of the Guardian Appeal) was our keynote speaker, and we had contributions from a ratjgc of members and partnerb on iopics including the Illegal Migration Act, lodgin. s schcmcs. "Orkin with people with Lomplei need%, Inedia work and buildiiig lived experiei)¢e representation. And it iva5 filtints ttkat Loraine Masiya Mi ponela Llosed the event ivith a reddiniT frum her neil. poety book, Now I Sing. As well as OUT continued partnership ivith Homeless Link and our work oji the 5pik¢ in refugee homelessness, our policy and advocacy work thi5 year. we continued to support members and partllers to prepare for th¢ impacts of the Illegal MinJation Act. This included a joint briefing with Asyluin Matter5 to set out 50Tne of the key aspects ol the Act, consider the impact of thebe rned5ures. and bhare praLtiLal and strateeic actions that Local Authorities cart take to support people seekn.ns asylum in their communiries. We also finali5ed the three-phase data project funded by the Lloyds Bank Foiindation with the aiin of helping NAccOl members io iinprove their data capture systems, increase their data confid¢nc¢ and capabilitv, and develop new. influencing opportunities. Goal 4. NIore beller Sgrvicgs ¥xisl to support people oiil of inimediate destiluliuii ondpruvide long-term poihwuys oiil uj'desiiiiilion. In October )023 we laiinched Oilr neiv 'll'orking with Hoiising Associattons A to()Ikit' at the Homes for Caihv conference. Ive have been delighted ivith th¢ Te.%pon%e to thc toolkit and liave continued to u8e it in meeiings and events witli Ni ACCOM melljbeis and Pitttners to inform and drive our mrk around the role that Housing Associations can plav in endin(p lTrt de5titutiorL. including al ei'ents in W'ales, Bedford and London, 5UPPOrted INith fundittg troni Metropolitan Thaine5 Valley Housing. We have also been ivorking i1th member5 to deN"elop good practice around lodgings schemes and hol. they can work alongside hosting to otTer hOl1ng, particularly for refugees iviili access io public funds and the right to work. We had soine fantastic news this year Ihai the CTovemmcnt ivitlidrciv draft reqilations that exempt asylum i¢¢omri)odatiDn from H10 Ihouse.s in niultiple occiipatioiil licen5in(T which 'OUld have iieakened kital housing safety measures for those in the asylum system livine in Home OtTJLt accotnmoddtion. The GoN'enlln¢nt made the &nnouncemenijust before the anticipated start of ajudicial reN'ieiv Lhallenging the draft regulations ill February 20?4, wliich ivas abandoned shortl)" belorc ihc iriil s diic ti) start, Ivhcn claim2L nis iveTe itjformed thai the Home Office had decided to withdraiv iheir proposals. As wcll as an open letter signed by over 130 organis&iions, NACCOM Ii'OTkcd on %omejoint adpocacfv witl) pariners includintr the Chartered Jnstitllte of Housiniy ICIHI. Joini Council foT the Il'elfare of Immigrants {JCII'II and Crisis to p'oice our concern5 to fvIPs and Peers and proi'ided t10 ¢xp¢rt witness statements for the judiLial Tevi¢iv, dialn¥ on eTridence and insight from frontline tnembcr5 Ln our neThvorE Financial and org#nisational reeW This year li'e worked with Fair ColleCti.e to 5UPPOrt members and NACCOM direcrly in improving our acLess to fiindraising knoivledge and options. IV¢ look forward to usin. our new income generation plan over the next financial year. We also finalis¢d our bL5poke safeiFuardints policy and began working lth Safer Foundations o tho impl¥mentaiion pltsn. This year we r<in an extensi%'e trusiee recruitment drive and are delighted to put fotvard four new trustees tts be votLd in by meinbers in Nokember 2024. livo of whoin rLprescllt rneTnber oi"ganis&tions and two external Landiddtes. dll of ii.hom will sirengthen our finarAC¢. fundraisin&. housing and lived e.xperi¢L reprebeniation on the board.
Docus]gn Envelope ID.. 7F2DEB5637417B34>9acE09A97c66 NACCOM (No Accommodation Network) Trustees, Annual Report Cc¢JDliDwed) Year ended 30 June 2024 Flnancial #nd orgaNisational reviesy Itonlinued) NACCOM remains in a sound financial position, and ive look fonvard to benefiting from our revamped income generation sirategy. This year we have £249.305 in unrestricted reserves. Of thiq £151.273 hag been designated as organisational rcs¢rves to cover four months of operating costs. The TnteeS are comfortablc that the charity will continue to exist for the foreseeable future. Plans for futllre periods A key priority for us this year will be lo develop and finalise plans for working with the new Westminster Govcrnm¢nt lo dcsign homelessnes5 and destitution out of th¢ asylwn and iniinigr&tion sysiem. including a foLUS on what good move on from Home OtTice accommodation looks like, acce55 to justEce and hoiv the whole Government approach to ending homelessness should wo. We will also continue to focus on praLtiLal housing soluti0tt5 With our men]bers, sucb a5 the development of our lodgings I.0rk and the continuation of our focus on partne15hip woikn.ng ivith Housing As50Liations. This year ive will also be launchinga new ineinbers Lhdrter. being more expliLLt aLross the nelwoik about hoi¥ we work together and what we expccl of each other. We will continue to develop our Community Research programme, embedding leaming from the previou5 itcrations ot the programmc, and WLirking w'ith the Cotnmunity Researcl)ers, alongside key partners and members, to meaningfully align ivith and shape NACCOM'5 'Ider strategic and cainpaigning work, starting Th'ith the recTUitment of a new group of volunteers in 2025. Oiir Director 15 also 5tartinu a 12-month anti-racist leadership ¢our5e as part of the ACEVO'S Further Fastcr. As Trusiees we would likc to thank all our funders and donors who haie supported ub along our journey to date. We are inLredibly gtatefi]I to our staff team, volunteer.%. members. partner8 and 8takeholder8 for tlieir diligence and commitment to excellence within a complicated operating environment. Ivhich is consistently looking to create rilrther barriers to pcoplc seeking asylum and migranis beints able to settle llnd intcgratc in the UK. We are always innovatll)&F and listelling to our members. friends. volunteers and partners. taking our Icarning into action to ensure ve are consisiently evolvinu a5 an orgalli5ation, as ivell as developino and respondints to best practicc. The trustees, annu#l report Jva5 approved OD 11 Odober 2024 and signed on behalf of the board of trll5tees bi.:
Docusign Envelope ID". 7F2DE85B-6637417&B34É.90CE09A97C66 NACCOM (No Accommodation Network) Independent Eiaminer's Report to the Trustees of NACCOM Year ended 30 June 2024 I report lo tlic irusiee5 on my examination of ihe financial statements of NACCOM I'the chaTity'} for the year ended 30 June 2024. Respon$ibilitie5 and basis of report As the trustees of the chariw you are responsible foi. the preparation of the financial ststcnients in accordance wth Ihe requirements of the Cljarities Act 2011 l-the Act'l. I repori in respect of my examination of the charity's financial statetnents carried out under Section 145 of the ?01 I Act and in carryinq oiit my examination I haTre folloived all thc applicabl¢ Directions giTr'en by the Charity Commission under Section 1451illbl of the Act. Independent examiner's statement Since the charity's gros5 incorne exLeeded £250.000 your examiner must be a member of a bod). listed in section 145 of the Charities Act 2011. I confirni that l am qualÉfied to imdertake the examination because I am a member of the Institute of Chartered ACcoltantS in England and Wales IICAEW}. ii'hich is ono of thc listed bodies. I hapr completed my examination. I confirm that no material matiers have come to my attention sn connection Iviih tlie examinaiion giving Tne cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act: or the financial statements do noi accord wtth those records,. or the financial statcments do not compl). Il'iih rhe applicable requirements conceTninu the fom and content of accounis set oiii in ihe Charities (Accounts dnd Reportbl Regulations IOOS other thdn any requiremen¢ thai ihe accounts give a truc and fairf view which is not a matter considered as part of An independenl examination. I ha¢ no concerns and hlL ve come acros5 no other matrers in coni)eeiion ii'ith thc exaniination to iNhi¢h aiiention should be dra'n in this TCPOrt in order to en&ible a proper understandino of Ihe accounts to be leached. SlllnEdby' 273EFATFtAa44CD.. John Osw31d BA FCA STEPHEINSON4 COATES ALTDIT LIINIITED Chartered Actountants West ? Asama Court NewLastle Business Park NeThcastle upon Tyne NE4 7YD I l Oetober 2024
Docusign Envelope ID". 7F2DEB584637417B.B345.90CEOgA97C66 NACCOM (No Accommodation Network) Statement of Financial Aetivities (incorporatiThg the income and expenditure account) 30 June 2024 2024 Restricted funds 2023 Unrestricted funds Total funds Total ndS Note Iucome and endoiymellts Donations, gifts and grants Other income 486,145 414.993 901,138 17.115 302J92 6,814 Total income 503.260 414,993 918.253 309,4116 Expenditure Expendiiure on raising fiLnds-. Costs of raisin¥ donatioiis. gifts and grants Expenditure on charitable aCti"ItieS Total expenditure 8,000 451.521 8.000 884,037 6,514 423,433 432,516 459,52 1 432.516 892,037 429,967 Net income I lexpenditurel 43,739 117,5231 26.216 {1205611 Transfer behyeen fund5 Net movemL•nt in fund5 43.739 {17,5231 26.216 {120 561} Reconciliation of funds Total funds brouglit forward Total funds earried forivard 205,566 223,348 343.909 ?49,305 259 249.564 223,348 Tlie statement of financial activiiies includes all Eains and losses recognised in the year. All income and expenditure deripe from Lontinuing activitie5. The notes on paoes 11 19 form part of the5c finDncial statement5.
Docusign EnvÈlope ID.. 7F2DEB5B-6637-417B-B345-90CE09A97C66 NACCOM (No Accommodation Network) Statement of Financial Position 30 June 2024 20Z4 2023 Current assets Debtors Cash at bank and in hand 12 8,699 325,317 4.781 302.384 334,016 307.165 Creditors: amounts falling due within one l'ear 13 84,452 83.817 Net current asset5 249.564 2?3.348 Total assets les$ current liabilities 249,564 223.348 Net asset5 249,564 223,348 Funds of the Lharity Rcstricttd fvllds Unrestrictcd funds 259 249J05 17.782 20i,566 Total ¢h#rffitv funds Is 249,564 22i.348 These fin#ncial statements )vere approved by the board of trustees aRd authori5ed for Issue on I l October 2024, and are siuned on behalf of the board by: The notes on pllges I l - 19 form part of these finaniial stjtements.
Dotusign Envebpe ID.. 7F2DEB5B.6637.4178-B345-90CE09A97C66 NACCOM (No Accommodation Netivork) Statement of Cash Floivs Year ended 30 June 2024 2024 2023 Cash flows from operatlng aetli,Itles Net income I lexpendiiure) 26.216 1120.5611 Ch&nge.¥ Ell.. Trade and othcr dcbtors Tradc and other creditors 13,918) 63> (2,6?01 {14:8?41 Cash generated froin opeiatitsns 22,933 1138.0051 Net eash used in operating activities 22,933 1138,(X)51 INet increase l (detreasel in cash and cash ¢quivaltnts Cash and e2sh equivalents at beginning of vear Cash and cash equAvaleut$ at end of )'¢ar 22,933 .I02,.3&1 1138,0051 440,?,%9 325,317 30?,384 The note5 on page5 11 _ 19 form p¥rt of these financial statements. io-
Do¢usign Envelop8 ID.. 7F2DEBSB.6637417B.B345.90CE09A97C66 NACCOM (No Accommodation Nehvork) LNotes to the Financial Statement5 Year ended 30 June 2024 GenerAI Information The charity is re¥T15tered ¢harity in England and Wales and is a charitable incorporated organisation. The address of the principal office is Youth Resource Centre, Oxford Street, Whirley Bay. Tyne and Wear. NE?6 IAD. The charity is a public benefit entity. Stotement of compliance Thes¢ finanLial statements have been PTepared in ¢ompliancc i¥ith FRS 102. 'The Financial Rcporting Standard applicable in tlie UK and the Republic of Ireland,. the Statement of Recommended Pia¢iice applicabl¢ to charities pieparing thcir accoimts in accordance with the Financial Rcportin,. Srtdard appli¢ablc in the UK and Republic of Ireland IFRS 1021 Icharities SORP IFRS I O)11 and the Charities Act 2011. Atcountlng policies Basis of prep#r*tion The financial statcmcnts have been prepared on the historical cost basi5. The financial statements are preparéd in sterling. which is ihe fiCtional currency of the entity. Going collcern At the time of approving the financial statemenis. Ihe trustees have a reasonable expectation that the charity ha5 adeqiiatc resources to continue in operational exisiencc for the foreseeable futiire. The trustees aTe confidLnt that the challty has sufficieni working capital to meet its liabilities as they fall due for a period of at leasi 12 montlis from the date of approval of the financial statements. Therefore, the irustees continue to adopt ihe going concen) basis of aLLountin(T in preparing the financial 5tatements'. Judgernents and ke!. sources of t5timation uncertainty Tlie preparation of the financial statements requires manauemcnt 10 inake judgements, estimatcs and a55umplions rhat affcct thc amounts reported. These ¢stimatcs and judttemenis are coniinually reVIe.ed and are based on exp¥rict]cc and other faciors. including expectations of future eN'enis that are believcd to be reasonable under the circiiin%tances. There are no key sources of estin)atiun uncertainty to report that have a significant risk of causinu a material adjustment 10 the finanLial sidtenients. Fllnd accounting Unre8trictcd funds are uw'ailable for use at the discretion of the trustees to furth¢r any of the charity's purpos¢s. Designated fLinds are unrestrict¢d funds earmarked by the trustees for particular futtwe projects or commitnients. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the ierms of an appeal. fall into one of two sub-classes.. restsicted income funds or endoiTrmeni funds. 11
Docusign Envelope ID.. 7F2DEB5M637417&B345-90CE09A97C66 NACCOM (No Accommodation Network) Note5 to the Financial Statements {&QEiiJtsed) Year ended 30 June 2024 Acctbuntlng polieies (cDAliRued) Incoming resource5 All incoming resources are included in the siatement OF financial activities when entitlemeni ha5 passed to the charity: it Is probable that ihe economic benefits assocsated with the transaciion will flow to th¢ charity and tljc amount cali be reliably measured. The following specific policies are applied to particular cate¥ories of iJicomt'. Income from donations or qrants ts r¢Lognibed when thertr is evidenct of entitlement io the gift. receipt is probable and its ainount can be inea8ufL.d rtli2bly. Legac}. income is recognised I.hen receipt 1% probable and etjtitlemcnt Is established. Income from donated LFoods 15 mea.%ured at the fair value of the goods unless thi% is impiactical to Ineasure reliablv. in whicli case tlie N'alue is derived trom thc cost to thc donor or the estimated resale value. Donaied FaLilitieb dnd services are recognised in the accoutjis ivhen receil'ed if the b'alue can be reliably meaSle. No amounls are included for the contributiCTrn of general volunteers. Income from contracts foT the supply of services is reLognised with the delivery of the contracted ervice. This is tla55ifIcd ab unrestricted fuiids unles% there is a coiitractual requirement for it to be spent on a pai1icular purpost and reiumed if unspeiit, in ivhich case it may be rearded restricted. Re50ur¢es expended Exptndilure 15 Tecouni5ed on an accn]als b2sis as a liability is incurred. Expcnditure includes any VAT ivliich cannot bc fully re¢oi.'ered. aiid is classificd under l)eadings of the statenieiit of fjnaiicial activities to iNhi¢h it rclate5'. Expendittirc on raising fiinds Incliides the costs of all ndraISing activities. events. non-charitable adinij activities, and the sale of donated gni)(L%. Expenditurc oil charitable aciiviiies includes dll co%18 incurred by a cl)ariry in uiidertdkiiig activities ihai further its charitable aims lor the bencfit of its beneficiaries. includin(T those 5UPPOrt costs and costs relatinu to the qovernance ot the Lhariiy apportioned to charitable aciivities. All costs are allocated to expcndittire categories reflecting the iise of the resource. Direct costs attributable to a singlc actii'itj. are allocated directly to rhat activity. Shared cos15 are apportioiied betii'een the artivitie5 thcv Contribute to on a reasonable. justifiablc and consistent basi5. Granis payable are pa>'ment8 made to third parties in the furtherance of the ¢haritable objecls. Grants paydble are.. agreed unis paid during the year: and atsreed grants w'hich havc not bcen paid but w'hich Éire payable on the satisfaction of a condition on the part of the grantee ivhich has not yet been satisfied. Support costs have been diflerentiated between governance costs and other 5UPPOrt costs. Govemance costs comprise all costs involin¥ the public accountability of the chaiity and it5 compliallie ivith regulation and good praLtice. These Losts inLlude costs related to the indep¢nd¥nl exami110 of the tindncial statements. 12-
Docusign ETivelope ID.. 7F2DEB58-6637417&B345-gOCE09A97C66
NACCOM (No Accommodation Network)
Notes to the Financial Statements (&oniinJied)
Year ended 30 June 2024
Financial instruments
A hnancial asset or a financial liability is recognised only when the entity becon]es a paTty io the contractual
provisions of the instrumeThi.
Basic flnancial instNments are initially recognised at the amount r¢¢¢ivable or payable including any related
Iransaction cosi8, unlcs% the arranueTnent consiitutes a finaiicinu transaction: where it IS Tecog]ii5ed at the
present value of the future payments discounted at a markct rate of interebl for a siniilar debt iiibirument.
Current assets and current liabilitieb are subsequently Tneasiired at the Lash or other consideration experted
to be paid or i¢ceived and noi discounled.
Debt instruments are Subsequently measured at amortised cost.
FinanLial assets that ale nieasured at bost or an)0rt15ed cost are rtvi¢w¢d for objeLti%'e evidence of
impaimieni at the end of eacli repurting dale. If there is objective ei'idenc¢ of impairnient. an impaimient
Ioss 15 reLognised under the appropriate heading in the statement of financial actii'ities in which the initial
gain ivas recognised.
Any reyersals of impairnicnt are reco.(Fnised immediately, io the extent that ihe rever%al doe5 not result in a
carryiii£ amount of the financial asset that exceeds iN'hat the carrj'inu amount Th'ould have been had the
impairinent not previo[y been reco]1&¢d.
Defined contribution plans
Contributioiis to dcfined contribution plans ure recogni5ed as an expense in the period in ii'hich ihe related
seTr'i¢e is providcd. Prepaid contributions are recognised as an asset lo Ihe extent that the prepayment will
lead to a reduLtion in futur¢ pajinents or & cash refund.
Nl'hen contributions arc not expected to be seiiled ipholly iyithin 12 months of Ihc end ofthe iepofting daic
in ivhich the employec5 rendeT the related servic¢, illi liabililv is measured on a discout]ted preseni ialue
basis. The unwinding of the discount is recogni&ed as at] expense in the period in which it
Docusign Envelope10.. 7F2DE858-6637.417B-8345-90CE09A97C66 NACCOM (No Accommodation Nettvork) Notes to the Financial Statements fiyRtinii¥d) Year ended 30 June 2024 Donatlons & legacies Unrestricted Funds Resiricted Total Funds Funds. 2024 Donations & Glfts Gif BBC Appeal Donations 43.409 43,409 Grants Guardtan & obsern.er Charity Appeal Paul Hanilyn Foundation Oak Foundatioji AB Charitable Tnisi The Tudor Trust Other. People's Poslcode Lottery Lloyds Bank FoiindationlHon)eless Link Lloyd% Bank FouiidationlGood Faith Partnership Othcr ' Metropolitan Thame8 N'alley Housing People's Voice Media l HLF 80,000 99,000 85.i33 55.000 40.000 40.000 25.000 376,208 456,208 9Y.QIIO 55.lJOO 40,000 40,000 2),0110 20,035 10.000 6.250 5.000 2500 ?0.035 10.000 6,250 i.000 2.500 Subscriptions Mcmber.%ubs¢ription5 11.403 13,403 486,145 414,993 901,138 Unrestricted Fund5 Restricted Toial Funds Funds 2023 Donatlons & Gifts Gifis BBC Appedl Dondiions 15,853 15.853 Grants Paul Hatnlvn Foundation Oak Foundation AB Charitable Trust Otlier E5me Fairbairn Foundation The Tudor Trust Lloyd5 Foundation 63,000 56,667 50.000 63.000 56.667 50.000 4?.944 38.333 25.000 2.250 42.944 38,333 25,000 2,250 Sub5criptlDn5 lember subscriptions 8,!4) 8,545 257,398 45,194 302,592 Funding from grantors who haTre requested to remain anonymou5 14-
Docusign Envelope ID." 7F2DEB5B-6637417&B34&90CE09A97C66 NACCOM (No Accommodation Network) Notes to the Financial StAt¢mentS (Lonrinutd) Year ended 30 June 2024 Other income Unrestricted Total Funds Funds 2024 Unre5tri¢ted Total Funds Funds ?023 Events income Other income 4.243 12,872 4,243 12,872 843 5.971 5,971 17,115 17,115 6.814 6.814 Cost5 of raislng doD*tions and legacies L'nrestricted Total Funds Funds 2024 Restricted Total Funds Funds 2023 Fundraising 8.000 8,000 6,514 6.514 Expenditure on Charitable actiyities by fund h'pe Unrestricted Funds Restrict¢d Total Funds Fund5 2024 Annual conference and networkinq events Staff costs & related e.xpenses Olher aciiN'ities Grants paid {re-grattts from Guardian Appeal) MarkctiJigF and communicaiioijs Support C0515 8,909 381,913 22,887 20 8,929 426,824 27,712 376.208 8,S66, 35,798 376.208 5,019 1,533 3.547 34,265 451,521 432,i16 884,037 Unrestricted Fujids Re5tri¢ted Toial Fut]ds Funds 2023 Annual conference and networkinu events Staff costb & related eKptDse5 Other aLtiviiiei Grants paid Markeiing and COmTnunicaiions Suppori costs 2,757 ?70,519 48,39) 1,296 i5.899 3.654 4.053 3?6,418 712 37,089 754 2,378 1,466 i9,467 3i9,472 63,981 4? j.4jJ
Docusign Envelope ID.. 7F20EB58-6637417B-B345.90CE09A97C66 NACCOM (No Accommodation Netivork) Notes to the Financlal Statements Year ended 30 June 2024 Expenditure on ¢h#rlt#ble activities by actlvlty type Activities undertaken directly Total funds 2024 Total fLind 2023 Annual conferenee and netwDrking cvents Staff iosts & related expense5 Other acti.itieS Grants paid Ire-uranis from Guardian Appeal) larkelins7 and cominwiications SupporE Costs 8,929 426,824 27,712 376,208 8.566 35.798 8,929 426,824 27,712 376,208 8.566 35,798 4,053 326,418 52,049 1,466 39,467 884.037 884,037 423.453 Included within support Lost& are £7.?52 {2023'. £5.1891 Telating io governance costs. Independent ex#miDer'5 fee5 2024 2023 Fees payable to the independent ¢xaminer for-. Ind¥p¢ndcnt examination of the finai)cial statements 1.705 1,550 10. Staff costs The toral siaff cost5 alld employee benefIts for the reporting period are analy5ed a5 follows.. 2024 2023 "ages alld salaries SoLial seLurity costs Employer contribiitions 10 pension plans 347,409 36,645 20.936 268,843 14,414 404,990 305,962 The average head count of employees during the year was 91?0?3.. 91. Key TnAna(Tement personnel compensation in total ivas £141.87612023.. £72,391); this increase refleets a manaiFement restructtire in 2022-23 tO(Tethcr iTr'ith a change frotn part time to fijll timL workin¥ in 202i-24. No employee received cmployee benefits of more than £60.000 duTin¥ the year12023.. Nill. 11. Trustee rcmuneration and expenses No remuneratloll or other benefits from einploiryn¢nt with the charity or a related entity were re¢eiYed by the Irustees. Duiina the year £? 130 IN'a% itimbured to Tru.%tees for expen5e5 relatsng to trav¢l, accommodation and subsisience; this includes Twslee Irainints dnd development costs12023-. LI,150 11.as spent on Trustee expetiscs relating ro iravel, accoTnmodaiion and subsistence). During the year. £Nil trustee donations were llde l?O•i'. £Nil}. 16-
DsIgn Envelope ID.. 7F2DEB5B-6637417B-8345-90C&09A97C86 NACCOM (No Accommodation Network) Notes to the Financial Statements (¢unhJrii¥4) Year ended 30 June 2024 12. Debtors 2024 2n23 Trade dcbtors Other debtors 5.495 3,204 4.781 8.699 4,781 13. Creditors: #mounts falling due iTrithin one year 2024 2023 Trade ereditors Social securiry and other taxes Other creditors 892 15,163 68,396 2,698 81,119 84,452 83.817 Lncluded within other creditors is £55.343 12023.. £75,916) of deferred income from grants rec¢ived in advance of thc work bcine ptrfornied, dctails of ivhich arc notcd below.. 2024 2023 Paiil Hanilvn Foundation Oak FoiindaliL)n The Tudor TnLSt Other Lloyds Bank FoundationlHomelcss Link 33,0(X) 28.333 12.iOO 2,081 28,000 20,83.1 6,510 55 J43 75.916 During the year £75,916 'aS released to thc statemcnl of fJnaDcial activities from deferred income. * Fundinu from alOr5 ivho haN'e requested to re]n anonymous 14. Pensions and other p05t-retirement benefits Delined ¢ontribution plan$ Th¢ alnount reco(mised in income Or expenditure as an expense in relation io defined tontribution plans was £20,936 (?0?3.' £14.414). 17-
DoGu5iqn Envelope ID.. 7F2DEB5B-6637-417B-B345-90CE09A97C66 NACCOM (No Accommodation Netivork) Note5 to the Financial Statements (cvwiiniied) Year ended 30 June 2024 IS. Analvsffis of charÉtable funds Unrestricted funds At l July 2023 At 30 June 2024 Income Exp¢nditiire Transfer Gen¢pdl funds 205.566 503.260 1459.5211 249,305 Restrleted funds At l July 2023 At Transfer 30 June 2024 Income Expenditure Guardian & Observer Charity Appeal Oth¢r People's Voice Media Lloyds Bank Foundatiornffomeless Link Lloyds Bank Foundation/Good Faith P2rtnership 376,208 1376,2081 6,250 121,53?) 2,500 15,00(TrI 20,035 (19,7761 15,287 2,500 259 10,000 110,0001 17,782 414,993 1432,5161 2>9 Unrestricted funds At 30 June 2023 l July 2022 Income Expendittire Transfcr General funds 278.587 264.212 (359.472) 22.?39 205,566 Restricted funds At l July 2022 At 30 June 202i Income Expcnditure Transfer Lloyd5 Bank Foundation The National Lolterv Corntnunity Fund Pcoplc's Voicc Midia Thc Tudor Tw%t Other 61,138 8)7 2.250 128.649) li4.739) 18371 2.500 847 18471 140,1621 4?,944 12,500 15.2%2 65,322 45,194 {70,4951 1?2.?391 17,78? Lloyds Bank Foiindation restricted funds to support T¢gee and asylum seeker charities io influence chanue throutwh policy. adN"o¢acy atld eTridence collection. The Naiional Lo¢iery Community Fund- One-year funding as pan of a cohon of infrastrnlture organisations 10 ivork iviih the Debitsn Lab io strenLlthen our member engagement and otTer. People s Voice Media - Colltribution towards our role as an advisory niember and partner or4anisalion in the HOME projtct. which will collect. curate, and d155eminaie the experiences of migrdnls lincludin¥ refugees, people 5eekin4 asylunL Uther migTantsl livinu in Northem England over tl)e last 10 J'ears 1201?_ 18
Docusign Envelope ID.. 7F2DEB5B46374178-B345-90CE09A97C66 NACCOM (No Accommodation Netivork) Notes to the Financial Statements (iontinuerf) Year ended 30 June 2024 20241. 15. Anali'$i5 of eharitable funds (continued) The Tudor Trust- Alongside an unrestricted funding tsrant we received restricted funding for Covid-related HR and wellbeing sUPPOrt. Funding noted as 'Other' is from a funder ihat does not wish to be identified but has provided us a ¥rant to contribute to out loLal support and iThfluenLing work. The Guardian & Observer Charity Appeal - Core funding to 5UPPOrt our Network Development work and tl)e f&. cilitdtion of ihe regranting of money received during the Guardian Appeal to NACCOM m¢mbers. Lloyds Bank FoundationlHomelebS Link - Project nding to support a three year national iiifluencing partnership ivith Homelessness Link to help design homelessness and destitution out of the asyluin and imrnigratloll 5yStem. Lloyds Bank FoundaiionlGood Faith Partnership - Project funding to support Community Researchers to deliver focus uroups as part of the Good Faith Panner%hip's Wclcoming fvla>ots project. 16. Analysi$ of Det a55et5 between fund5 Unrestricted Fund5 Restricted Funds Total Funds 2024 Current assets Creditors less than l year 333,7)7 184.4521 259 334,U16 (84,452) Net assets 249,J05 259 249,564 Unrestricted Fid5 Restricted Funds Total Funds 20?3 Current assets Creditors less than l year 289,383 (83.8171 17.78? 307,165 (83.8171 Net assets 205,566 17.78? 223,348 17. Related parties Except for Ihe following, there ivere no related party transaciions during the year ended 30 June 202412023.. In Auousl 20?3 we covered £3.000 from our member sllpport budget for a consultant to work with one of our inembers - CAST - to do a finance and goi.'crnance audit to help the membcr 5UStain tlieii services. CAST'5 chair i5 a150 a NACCOM Trustec but excused thcrnselYe5 fro any related decision making. 19-