Charity regisiraiion number.. 1162434 NACCOM (No Accommodation Network) Annual Report and Financial 8tatem¢nts for the Year Ended 30 June 2025 Comn)unily Accounling Plus Uniis l & 2 North West 41 TalLx)i Street Noitingham NGI 5GL
NACCOM (No Accommodation Netivork) Contents (continued) Reference and Administrative Details Truste¢s' Report 2to 11 Statement of TTU5tee5' Respon5ibilitie5 12 Independent Exaininels Report Statement of Fii)ancial Activities 14to 15 Balance Sheet 16 Cash Flow Statement 17 Notes to the Financial Statements 18to26
NACCOM (No Accommodation Netivork) Reference and Administrative Details Trustee5 Caron Boulghassoul Phil Davis Olivier Robi Sascha Chennell Wen Hoe Jonathat] Darling Emad Raad Jared Hodgson Tracey Kirkland Washington Ali-Nasolo Shukry Shukry Brid¥et Youn¥ Angela Henry Hannah Gumham SeThior Management Team Charity Registration Numbtr 11624i4 Principal olee Youth Resource Centre Oxford Street Whitley Bay NE26 IAD ItLdepeDdent Examiner Eva Stevens, employee of Coinmunity Accountin¥ Plu5 Units l & 2 North Wesi 41 Talbot Street Nottingham NGI 5GL Page I
NACCOM (No Accommodation Netivork) Trustees, Report The tiustees present the annua] report together with the financial statements tsf the charity for the year ended 30 June 2025. Truste¢5 and officers The trustees and officers serving during the year and since the year end were as folloivs.. Trustees.. Caron Boulghassoul Phil Davis Olivier Robi Sascha Chennell (appointed 14 November 2024) Wen Hoe (appoiiited 14 Noveinber 2024) Jonathan Darling Emad Raad {appointed 14 November 2024) Jared Hodg50n (appointed 14 November 2024) Tracey Kirkland Washington Ali-Nasolo Shukry Shukry S¢ruclure* governance and management alure of¥uverniM¥ dvcument NACCOM is a Charitable Incorporated Organisation (CIO) esthblished on 26 June 2015, governed by its constitutioi) with voting Ineinbers other thai) its charily trustees. The Charity Registration number is 1162434. By the end of June 20?5. the charity had lii men)bers, including 61 full member organisations wilh voting rights. New members cali apply for membership at any time throughout the year. A full member must be accommodating at least one person seeking asylum with no recourse to public funds. Full members have one vote at the Annual General Meeting {AGMI. Recruilmenl and fippoinlntenl of iru.fle£ The Charity currently has I I trustees. At the November 2024 AGM we were delighted that four new trustees %ere voted in. Sascha Chenncll. Jared Hodgson, Wen Hoe and Emad Raad, glong with the re-election of Jonathan Darling, Caron BoulgFhassoul and Wa5hinLrton Ali-Nasolo. As per the constitutioii, one third of all trustees {on a rotatitsnal basis) will retiie at each AGM and seek re-election if they wish to do so. The next AGM is oil 10th Febrlldry 2026 wheTe Phil Davi5. Shukry Shukry dnd Tracey Kirkland are due to Stand for re-election. Olivier Robin has decided to not staiid for re-election and will ietire from being a trustee. The Tru5tee5 wuuld like to record theii Sincere thatjks to Oliviei Robin who has given their time, expert15e, and 5UPPOrt to NACCOM since 2021. Orgitni5lllionul slruclure The Charity is organised so that its trustees meet regularl}, as a whole Board (at least four times a year) to review its affairs and set objectives with sub-committees (a mixture of Trustees and staft) meeting between BoaTd meetings to discuss specific issues siich as the management of finances: fundraising, huinan resources, safeguarding and membership applications. NACCOM had a staff team of nine people during the year, who have all worked remotely in varioiis locations throughout Englaiid. Page 2
NACCOM (No Accommodation Netivork) Trustees, Report (continued) Objectives and activities Ohjects ond uiRIs The objects of the CIO are.. a) to prevetjt or relieve poverty atnon¥ refugees, a5yluin Seekers, and migrants with no recourse to public fvnds living in the United Kingydotn., b) to advance the education of the public in general in the subject of asylum. NACCOM'S vision is for the UK to have a fair: just and humane asylum and immigration system, which enables pcople seeking asylum, refugees and other migrants to be free from destitution and to live with dignity and ag¢n¢y. 1llis.sio We believe that destitution has no place in a fair, just and humane asylum and immigration system. Therefore NACCOM exists 10 promote solidarity, connections and good practice to assist the establishment and delivery of accoinmodation and siipport project5 M'orking with people facing destitution because they are in the asv'lum and immigration system iii the UK. In addition, ..t work with member organisations, partners and supporters to Use the evidence and testimony of NACCOM Tnetnbers and people witli lived experience to influence chan¥e at a local, regFional and natioiial level to create better patliways out of destitution and end destitution for bFOOd. We turn our Vi5ioI), Mission and Values into practice Providing networking opportunities to coni)ect members and facilitate the shaiing of knowledge and promote good practice to provide pathwayg Out of destitution. We do this through re(Tular training and networking events. ai) ani)ual Lonfeience. an online membeTS' forum and library of ii)formatioii and resources. Gatherin¥ dnd di5semiiiating data 01) destitutioii ai)d usin¥ this to tackle the root Lduses Of destitution tl)rough policy. lobbying aiid CaillPiiignin¥ both ourselves and in partnership with others. Working with our members and with ihose with lived experience of being desiituie to ensure that the human face of destitution is shared with the wider public and decision makers. We do this by training and supporting people with experience of the asi'lum and immigration system to research and communicate their findings and experiences. through media work and ihrough supporting members wilh their communications. Public benefil The tnistees have had due regard to the Charity Commission's giiidance on public benefit when reviewing NACCOM'S activities and setting the charity's strdtegic direction diiring the year. NACCOM'S charitable purpose is to reduce the iTnpact of poverty, honiele5sness and de5titutioii 011 people seeking asyluin. refugees and other vulnerable migrants. NACCOM achieves this purpose as ai) infrastructure charity.. by supporting.- strengthening and iepiesentit)g a i)ational i)etwork of frontlii)e organisations that piowide diieLt a¢cominodation and support to people experiencing destitutioi). NACCOM does not geneially deliver services directly to benefiLi(Iries: instead, it works to inaxin)ise the redch, qualit}. and in)pact of seivices delivered by its Mernbe. Page 3
NACCOM (No Accommodation Netivork) Trustees, Report (continued) The prin)ary benefieiaries of NACCOM'S work ale people seeking asylum, refugees and mitsklS whts are at risk of, or experienLin¥, l)omeltssness and destitution. These individuals face si¥nifiLmt barriers to accessing housing. welfare. emploTrment and healthcare, often as a result of iinmigration Status and exclusioii from mainstreain support. By strengthening the capaciiy and sustainabiliiy of frontline providers. NACC.OM enables a greater number of people to access sale accommodation, practical support and longer-temi pathways out of desiitution. This work also delivers wider public benefit by reducing rough sleeping, alleviating pressure on emergency services, and SUprting community cohesiL)n. Public benefit is delivered through NACCOM-S support to its member organisations. including.. * Building members, capacity to deliver safe. good-quality accommodation and effective support services. Strengthening members, ability to use evidence, dats and lived experience to improve practice and demonstrate impact. Facilitating partnership working betwe¢n m¢mbers, lo¢al authorities, Housing Associations and national stakeholders. Influcncing poli¢y and prarti¢e to address the Strn¢ral ¢au5es of destitution and prevent homelessness, parricularly at key transition points withill the asylum system. Ensuring that the voices and experiences of people with lived experience inforni policy, practice at]d service design across the network. The triistees ensure that NACCOM'S activities are focused on those in greatest need and that barriers to access are miniinised. NACCOM does not charge beneficiaries for services. and its membership support is designed to enhance provision for people who would otherwise have limited or no access to accoTnmodation or support. Any ptstei)tial detrimei)t is mitigated through robust governance. safeguarding policies, qualit> stai)dards and ongoing risk manageinent, including tsvetsight of accommodation safety and orgai)isatioi)al tapacity withii) the network. The tiustees regularly review evidei)ce of impacL including data and feedback fn)m membets, policy outcomes. ai)d insi¥ht5 frotn people with lived experience. This enable5 the Board tu assess whethei NACCOM'S activities are achieving their iniended public benefit and ts) make infomed decisions about fuiure prioriiies. In suminary. the trustees are satisfied that NACCOM'S work as an infrastructure charity delivers clear public benefit in accordance with Charity Commission guidance, by enabling frontline organisations to reduce desiitUliLin and homelessness among people seeking asylum, refugees and other vulnerable migrants, while also CL)ntributing to wider social benefit. The trustees confilln that they have complied with the requiremeiits of section 17 of the Charities Act 2011 to have diie regard to the public benefit guidance piiblished by the Charity Commission for England and Wales. Governance and trustee oversight During the year. NACCOM undertook an extensive trustee recruitment process to strengthen the skills, experience and diversity of the Board. Four new trustees were successlully recruiied, including representaiives from MeMr organisations and external candidates. Collectively, they bring expertise in finance, fundraising. housing and lived experience. further strengihening governance. accouniability and strategic leadership. The Board continues to meet regularly and maintains oversight of the charity's srraiegy. financial performance, risk management and compliance 1th regulaioji. requirements. Improved financial reponing has supported trustees to effectively discharge their duiies and maintain strong governance arrangements. Page 4
NACCOM (No Accommodation Netivork) Trustees, Report (continued) Organisational development and learning NACCOM launched a new Members, Charter during the year, setting out shared values, expectations and Climmilments for both the charit}, and its members. The Charter supports transparency. accountsbiliiy and Clinsistency across the netw'ork and strengthens NACCOM'S role as a membership-led organisation. stsff and leadership development continued ro be prioritised. The Director completed a 12-month anti-racist leadership programme, supporting NACCOM'S commitment to equity. inclusion and anti-racist praciice across governance. strategy and deliverv. The organisation also held its first team learning day. creating structured space for reflection, leaming and alignment with strategic priorities. Risk management The trustees reuiilarl), review or¥anisational risks, including financial sustainability, 5taffinu capacity, safeguarding. and the exteTnal policy environTnent. Improved financial reportin& the Inaintenance of appropriate reserves. multi.year fiinding agreements. and investment ii) govemance and staff development all tontribute to miti¥ating these risks. The tiustees are satisfied tl)at appropriate systems and controls ale in place to manage risk effectively. tA)oking #head The rrustees are confident that NACCOM has the financial srability, governance structures and organisatiL)nal capacity reqiiired to continiie delivering its charitable objectives. Continued fociis on income diversification, parrnership working and strong governance will siipport the ¢harity's ability to respond 10 emerging challenges and opportullities while working towards the long-temi gog1 of ending destitutioll. Plan5 for Future Periods Lookin¥ ahead, NACCOM will focus on 5tren¥thenin¥ its strategic directioii and orgaiiisational resilience while continuin¥ to deliver agai115t its core prioritie5 in an increasingly challenging extetnal environrneiit. A key priority for the coming year will be to refresh NACCOM'S strategy, ensuring that it remains responsive to changes in the policy, funding and operational landscape. This will iiiclude a renewed focus on organisaiional resilience, enabling the charity 10 continue to operate effeciively despite increasing financial pressures, policy uncertainry and rising demand flir support. NACCOM will continue its M'ork with the GovernmenL fLKusing on opportunities to design homelessness and desiitUfiLin out of the &sylum and immigration system. This .111 include ongoing work to define and advocate for what good move-on from Home OITice accommodaiion looks like in practice, improved access to justice, and a mL)re joined-up. whole-Governmeni approach to ending homelessness. Alongside this, we will maintain a strong focus on practical housing solutions with members. including further development of lodgings schemes. continued partnership working M'ith Housing Associations and a refresh of our housing toolkit. Siipporting and strcngthcning the NACCOM iietwork will reTnain central to our approach. We will continue to cxplore and develop diffcrent ways of supporting members: ensuring that support is responsive to need and aligned M'ith our Netivork Development and Extenial Affairs priorities. This includes bcing clearer and more cxpli¢it about how we work togeth¢r as a iietwork, biiilding on the launch of our new M¢mbers' Charter. We will also contiiiue to invest iii lived experience leadership throuLFh the development of our ComTnunity Rest[Ch and Coinnillnity Ambassador progTamnies. This includes securii)g funding to rther develop the Comn)unity An)bas5ador programme (Ind embedding learniii¥ fron) previou5 Iteration5 of Con)munitv Research. Working alon¥side Comniunity Researcliers: Ineinbers and key partner5, we will ensure that lived experience Il15ight Ineaniii¥fully iiiforyn5 NACCOM'5 wider strategic aiid cainpai¥nin¥ work. be¥iniiin¥ with the recruitment of a new tohort of volunteers in 2025-26. Page 5
NACCOM (No Accommodation Netivork) Trustees, Report (continued) The trustees would like tts thank all funders and donois who continue to support NACCOM'S ivoik. We are also ii)credibly giateful to our stafT team, lived-experitnce volunteers. Ineinbers, partners and stakeholders foi their Lvntinued (Itdication and commitment in a complex and challenging opeiating tnvironmtnt. NACCOM remains Climmilled to leaming. innovation and lisiening to those we work with. ensuring that we continue to evolve as an organisation and respond effectively to besi practice and emerging need. AchievemeTht5 and performance Strategic Goals for 2022 -2026 We continue to make progress towards our strategic glials and have plans to begin a sirategy refresh and renewal in 2026. Goal l. The root causes and human impact of destitution and solutions to end destitution are better understood Priority interim outcomes for 9024-25 that help lls progress towards this goal.. • People iviih lived experience have more OppornitieS 10 shape policy gnd practice Decision-makers and key stakeholders listen Inore to people with lived experience Decision-makers and key Stakeholders use NACCOM evidence to make positive changes to ending destitution • NACCOM members are more confident to use evidence. data and case studie5 to show the need for and value of their services. Our achievements.. During ?024-25, NACCOM continued to play a leading role in ensuring that the rooi causes and human impact of destitution among people seeking asylum. refugees and vulnerable migrants are better underswod by policymakers. decision-makers. and key siakeholders at local. naiional and devolved levels. Our work under this strategic goal has focused oli amplifying the voices of people wilh lived experience, srrengtheniiig the evidence base on migrant homelessness and destitution, and supporting NACCOM members to use daia and case studies to influence change. A ¢entrnl strand of this work has been our collaboration with Homeless Link, where we convened a cross-sector 'orking group focused on migrani homelessness. Through this partnership, we helped develop the Vital Solutions briefing, which set out practical. evidence-based recommendations to preveiit and end migrant homelessness. The briefing was signed by over 80 organisations across the homelessness, Inigration and voluntary Sectors, demoiistratiiig strong consensus and significantly stren(rthcning advocacy efforts. This collective approach ensiired that the experiences of people affe¢ted by destitution, as well as the expcrtise of frontline organisations, were clearly articulated and taken seriously by decision-makers. We also continued our joint policy and advocacy work with Refugee Action and Asylum Matters oi) as}'lum accotnmoddtioii and support. This included bi-ai)nual meetin¥s with senior dEci5ion-makers, including the Minister of State for Border Security and A5yluin, tl)e Parlianientary Under-secretary of Stste (Lords Minister for Faith, Communities aiid Resettlenient), and 5eiiior civil servaiits from the Home Office and the Ministry of Housin¥, Con1unitIeS and Local Government. These meetin¥ provided regular, structured opportuiiitie5 to present evidence froin acr055 the NACCOM netWOTk, hi¥Fhlit emergFing7 risk5 of destitutioii, and press for practical Lhanges to policy and prdctice. The consistent inclusion of lived experience and frontline insight has helped ensure that discussions remain grounded in the realities faced by people leaving the asylum system. Page 6
NACCOM (No Accommodation Netivork) Trustees, Report (continued) Our evidence base was turther strengthened through the ei)hanced Loverage and reach ot'NACCOM's 2024 data bulletin. The bulletin was widely referenced by partners and stakeholdtrs and contiibuted to a growing reco¥nition tsf the scale and drivers of migrtht destitution and homele5siiess. This evidenct fed directly into naiional policy discussions, including infomiing the development of the national homelessness siraiegy. ensuring thai the specific risks faced by migrants were not overlooked. NACCOM also played a key role in scrntiny and evaluation of policy changes. We were interviewed as part of the Home Office evaluation of the 56-day move-on extension pilot and undertOLik extensive advocacy on this issue throughoui ihe year. Drawing on detailed member data and case studies. we made the c&se not only for the extension to be made pem)anent. but for broader refornis to ensure that people granted staius are noi pushed into destitution at the point of transition. This work increased confidence among NACCOM members 10 use their own evidence and lived experience to demonstrate both need and impact. Our expertise and ¢redibility in this area continue to be recognised nationally. During the year, NACCOM was invited back onto the Joseph Rowntree Foundation's De%titiition in the UK Advisory Group. enabling lis to shgpe research and policy anglysis on destitution and ensure that mi£rants' experiences are fully reflected. We also contributed to a roundtable on housing and homelessness as part of the UK Covid-19 Inqiiiry.. bringing evidence of hom. pandemic-era policies affected people with it]secllre iminigration status and the longer-tern] implications for homelessness and destitution. In addition, NACCOM was invited to.join a Scottish Government working group exploring a right to work pilot for people seekingT asylum. Thi5 provided a further opportunity to share evidence on the structural causes of destitution and to contribute to the development of potential solutions that could significai)tly reduce reliance on emeigenLy support. A¢r05s all of this work, NACCOM has remained committed to ensurit)g that people with lived expeiiet)ce have meaniii¥ful opportunities to Shape poliLy and practice, tl)at de¢ision-maker5 listen Inore c105ely to those vuiLes, and ihai robust evidence is used 10 drive positive change. At the same time, we have continued w support NACCOM Ineinbers to grow in confidence and capaciiy to use dats. evidence and case studies ro demonsirate the value of their services and the urgent need for systemic change to end desiituiion. Goal 2. People with Lied experience plav a core and equitable role in highlighting the human impaet of destitution and creating and sharing the solutions to destitution promoted by NACCOM PrioTity interim outcome5 for 2024-25that help u5 progress towards thi5 goal.. People with lived experience have more opportunities to shape policy and practice • Decision-Tnakers and key stakcholders listen more to people with lived experience • Decision-Inakers and key stakeholders use NACCOM evid¢nce to make positive changes to ending destitution. Our achievements.. During 2024-25. NACCOM continued 10 strengthen and embed Ihe leadership of people with lived experience at the heart of our policy. research and influencing work. Our approach recognises that meaningful, equitable involvement is essential to ensuring that solutions to destitution are grounded in reality, credible to decision-makers. and capable of driving lasting change. A key area of progress this year was our work with Good Faith Partnerships. including the development of the Treai Us Like Humans report. This work created space for people with lived experience of the asj'lum system to articulate, in their 07 words, the human impact of current policies and practices. The report highlighted recurring themes of dehumanisation. instability and harm, while also setting out clear, practical recoinmendations for chan£e. It has been used as an advocacy tool to engage policymakeTS and stakeholders, ensuring that lived experience evidence remains centrdl to discussions about reform. Page 7
NACCOM (No Accommodation Netivork) Trustees, Report (continued) We also undertook an evaluation ol. NACCOM'S C.on)munity Research programme during the year. The evaluation deinonstrated the value tsf invtsting in lived experitnce Itader5hip. both ii) tenns of the quality of evidence produre(l and the confidence and skills developed by Coinmunity RestLI)erS themselves. Findings from the evaluation are inlomiing the future development of the programme. including how we support Community Researchers. ensure equitable participation. and strengihen pathways lor lived experience insight to influence NACCOM'S strategic and campaigning priorities. Community Ambassadors continued to play an increasingly visible and influential role across the L)rganisation. At the NACCOM annual conference, Community AmbassadL)rs designed and delivered a workshop, sharing refleciions and learning from their lived experience and advocacj work with members and external stakeholders. This session was 'ell attended and reinforced the importsnce of centring lived experience voices i¥ithin the NACCOM netork. Commllnitv Ambassadors were also involved in organisaiional governance and deci%ion-making, including sitting on the interview panel fi)r th¢ External Affairs Manager role. This ensured that recruitmcnt decisions '¢re infomi¢d by lived experience perspertives and aligned with NACCOM'S values and commitments. In5i£hts from Community Research and Ainbassador activity directly it]formed NACCOM'S cainpaigning prioTlties throughout the year. Evidence gathered through lived experience work shaped our focus on asv'lum move-on. homelessness prevention and trdll5ltions out of Hoine Office accommodation. ensuring that our policy POSltions reflected the realities faced by people navigating these systems. In particular. Community Researchers have continued ongoing work to articulate what 'good' move-on looks like in practice. This work is exploring the conditions needed to ensure dilty. stability and safety when people are gFranted status or otherwise reqiiired to leave asyluin accommodation, and will underpin future advocacy and policy development. Across all of this activity, we have seen tangible progress against our interim outL'omes. People with lived experience have had increased and n)ore tneaningful opportunities to shape policy ai)d practice.. decision.rnakets aiid key stakeholdtrs have beeli exposed directly to lived experience evidence; and NACCOM'S cainpaigning and influencing work has been strengthened through the ingratiOn of this evidence. By coniinuing to invest in equitable lived experience leadership, NACCOM is ensuring that soluiions io destilution are not only evidence-based, but human-ceiitred and rooted in the expertise of those most affected. Goal 3. More policies and practice exist to support the end to destitution PrioTity interim outcomes for 2024-25 that help us progress towards this goal.. MeTnbeTS have a good understanding of reasons for and pathway5 Out of destitution NACCOM members are more confident to use evidence. data and case studie5 to show the need for and value of their services • NACCOM member5 deliver safe and good quality places of accommodation and provide impacrful services NACCOM n)embers feel better siipported to work with Housings Associations and local authorities Housii)gF Associations and local aiithorities are better 5llPPOrted to work with NACCOM Members Decision-makers and key stakel)oldtrs listen more to people with lived experience More and better partnership workin¥ exists to end destitutioii (inLludiii¥ ours) Decision-maker5 and key Stakeholders use NACCOM evidence to make positive changes tts ending destitution. Our achievements.. During 2024-25, NACCOM continued 10 strengthen the polici and practice environment needed to prevent and ultimatel)w end destitution. with a strong focus on supporting members, influencing decision-makers. and fosiering effective partnerships across the housing, homelessness and niigration sectors. Page 8
NACCOM (No Accommodation Netivork) Trustees, Report (continued) A significant poliL)' development during the >'ear was the extensioi) ol'the asylum move-oi) period from 28 days to 56 days toi People exiting tht asylum accommodation systen). This change was intended to reduce the impact of the sudden loss of accommodativn and support follo1lg a grant of status. and to help prevent people being pushed into homelessness at the point of transition. Building on exiensive evidence and advocacy led by NACCOM and partners, the exiension represented an imponant step ioivards reducing refugee homelessness. NACCOM played a key role in ensuring that member evidence, case studies and lived experience insights were used to deinonstrate both the need for this change and its practical impact on people's abiliiy to secure housing and access essential services. This work has also increased member confidence in using evidence to influence Plilicy change and continues to infom] our advocacy for longer-term, pemianent reform. NACCOM also responded rapidly to emerging risks faced by members and the communities they support. Following the summer 2094 riots, 'e coordinated a sector-wide response to support members working in increasingly hostile and un%afe enviri)nments. Throiigh engageinent with th¢ Civic Pom'er Fund. we secur¢d £9,000 in immediate funding, followed by a £75,nOO %ecurit)' and wellbeing fund for NACCOM members. This fiinding enabled organisations to put in place practical safety measures and wellbeing support for staff, volunteers and people with lived experience, helping to ensure the coniinuation of safe, good-quality accommodatiot] and services at a time of heightened risk. Member siipport, peer learning and collaboration remained a core focus throughout the year. We delivered a programme of siiinmer in-person regional hiibs alongside winter online regional hubs. creating space for mcmbers to share learning, discuss challenges, and biiild relationships with peers, Hoiisin£ Associations and local authorities. These hubs 5UPPOrted ineinbers to develop a stronger under5taiidinu of the drivers of destitution and patl)ways out of it, strengthei)ed conlidente ii) working with statutory partners, and helped embed good prdCtiLe across the network. It) April 2025, NACCOM marked a significant milestone by hosting its 10-year anniversary conference in Manchester. The cunferenLe brought to¥ether Tne[llr5. partners, deLision-makers and people with lived experience to refleci on a decade of progress. share leaming. and consider the changes siill needed ro end desiiiurion. The eveni reinforced the value of partnership working, highlighd effective practice from across the network. and ensured thai lived experience voices remaiiied central to discussions about future policy and practice. Throughout the year, NACCOM coniinued to invest in building stronger partnerships io end destitution, both iihin oiir membership and across the 'Ider homelessness and migration seciors. Our ongoing collaboration iih Homeless Link. local authorities, Housing Associations and national partners has helped ensure that NACCOM members feel better supported to work wiihin local housing systems, while statutory partners are better equipped to understand and respond 10 the specific risk's L)f immigraiiL)n-related desiiturion. Through this work, NACCOM has made clear progress against its interim outcomes. MembeTS are more confident in usit]g evidet]ce, data and case studies to demoiistrate need and impact. partnership working has strengthened across the sector: and decision-maker5 continue to engage with NACCOM'S evidence and lived experience insights. Together, these developments are contributing to iniproved policy and practice and to the longer-tenn goal of ending destitution. Goal 4. More and better 5ervice5 exist to support people out of irnmediate destitution provide long-terrn pathway5 Out of destitution. Priority interim outcon)es for 2024-25 that help us progress towards this goal.. Same as stiategic outcome three. Page 9
NACCOM (No Accommodation Netivork) Trustees, Report (continued) Our achievements.. During 2024-25. NACCOM continued to support the developinent of high-quality. safe and sustainable setvices that address immediate destitution while creating longer-tenn paihways out of homelessness and insecuriiy. This work closely aliJ(T S With our strategic objectives under Goal 3, particularly in strenglhening member capacity, improving partnership working, and influencing housing-related policy and practice. Building on the successful launch of our Working with Housing Associations - A Toolkit, NACCOM continued to embed and extend the use of this resource across the sector. The toolkit has been used extensively in meetings, training sessions and events wilh NACCOM members and partners to support a clearer understanding of the role Housing Associations can pla}, in preventing and ending migrant destitution. This work was strongly evident in the successflll event and subsequent blog that NALCOM delivered this year in Belfast, in partnership I1th Law Centre Nl and Hollsing Right% Nl on housing options for people with no recourse ti) public fiinds. Ali)ngside this, w¢ have continued to develop a strong partnership with A VID and Detention Fonim, sharing knowledge and connections across our networks to develop better knowledge and parrnership working on alternatives to iminigratiot] detention. By supporting members to diversify partnerships and accommodation pathwa}'s, NACCOM has helped increase the range and quality. of services available to people Inoving oji from asylum accommodation and emergency provision. A major focus of our work this year was ensuring that accommodation provided to people in the asylllm system nieets appropriate safety standard5. We welcomed the GoveTninent's decision to withdraw draft reuulations that would have exempted asylum accon)modation from Houses ii) Multiple Occupation IHMO) licensing requirements. These proposals Would have signifieai)tly w'eakened vital housing safety prtstections for people living in I lome Office accommodatioi). The annoui)¢ement came shortly before the anticipated start of a.judicial review challen¥in¥ the draft re¥ulations in February. 2024, aiid the case was subsequently abandoned followii)g ctsnfiTmatitsn that the Home Olle had withdrawn the prop05als. NACCOM played an active role in (his successful outcome. Alongside an open letr signed by over 130 organisations. we worked in parthership with the Chartered Institute of Housing (CIH). the Joint Couiicil for the Welfare of Immigrants (Jc,]} and Crisis to raise concerns with MPS and Peers. NACCOM also provided two expert witness statements for the judicial review. drawing directly on evidence and insight from frontline members across our net.0rk. This ensured that Ihe real-world implications of the proposed changes for people experiencing destitution 'ere clearly understood by decision-makers. Through this Th'ork, NACCOM has continued to support members to deliver safe, good-qualiry accommodation and impactful services, while also influencing the wider systems thai shape people's experiences of homelessness and destituiion. By strengthening relationships with Housing Associations: improving shared undersianding L)f housing pathways. and safeguarding essential housing siandards, we are contributing to more effective at]d hiimane responses to destitution, both iii the immediate teTm aiid over the longer temi. Page 10
NACCOM (No Accommodation Netivork) Trustees, Report (continued) Financial rei'iew During 2024-25, NACCOM continued to strtn¥then its financial mana¥emei)t and organisational resilience, ensurin¥ that the charity 15 well ¥oveTned. financially stsble and able to deliver its charitable objectives. The charity ha5 continued to itnprove the quality and consistency of financial reportingF to the Board of Trllstees. Regular Inanagyement accounts and clear financial forecasts have 5UPPOrted effective oversight, enabled timely decisioii-makingF, and streniTthened trustees, under5taiidinbF of financial perfoTmance and risk. NACCOM secured si¥i)ificant inulti-year funding durin¥ the year, inLludin¥ major ¥rdnts froin Metropolitan Thames Valley Housin¥ aiid the Paul Hamlyn Foiiiidation. These awaids provide increased income stability. suppvrt coit activities. and en(Ible lungcr-ttrni planning. Alongside this. the Ll)arity cvntinues to diversify its income base to reduce reliance on any single funding source and SUPPLlrt financial sustainability. At the end of the financial year, NACCOM held £250.042 in unrestricted reserves. Of this total, £151,27i has been designated as organisaiional reserves. equivalent to approximately four monihs of operating CL)Sts. The trusiees have reviewed the reserves position in line with the charity's reserves policy and consider this level to be appropriaie to manage financial risk. support continuit}. of services, and respond to unforeseen events. The trusiees are satisfied that Ihe charity remains a going concern and is well placed to continue operating for the foreseeable future. Pvlicy re&erve5 NACCOM has set its reserves to the equivalent of four month5 of opeTatin¥ costs. 07101126 The annual report was approved by the ttustees of the charity oil .................... and signed on its behalf by.. Caron Boulghassoul Trustee Pagell
NACCOM (No Accommodation Netivork) Statement of Trustees, Responsibilities The trustees are responsible tor preparing the tiustees, ieport and the tinancial stateinents in accordance with the United Kingdom Accounting standd$ (United Kingdoin Generally Accepted Accountin¥ PraLtice) and applicable law and regulations. Th¢ law applicable to charities r¢quires the trustees to prepare financial statements for ¢ach financial year which give a trne and fair view of the %tate of affair% of the charit), and of the incoming resources and application of resoiirces of the charity for that period. In prcpgring these financial statements, the triistees are required to.. select suitable accounting policies and tl)en apply them consistently; observe the methods and principles in the Charities SORP,. make judgements and estimates that are reasonable and prudent; state M'hether applicable accountln¥ 5tandard5 have been followed, subject to any rnaterial departures disclosed and explained in the financial stateinents", and prepare the financial statements on the going concern basis unless it 15 inappropriaie to presume thgt the chariry lI1 continue in business. The trnstees are responsible for keeping Proper accoiinting records that disclose with reasonable accuracy at any time the fiiiancial position of the charity and eiiable them to ensure that the financial statements compl), with the Charitie5 Act 2011, the Charities (Accoiiiits and Report5) Re&Tulations 2008. and the provisions of the constitiition. The trLiStee5 are also resp0115ible for safe¥iiarding the assets of the charity and hence for takin¥ reasonable 5tep5 for the prevention and detection of fraud and other irregFularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislaiion governing the preparation and dissemination of financial staiemenis ma}, differ from legislation in otherjurisdictions. Approved by the trustees of the charity on 07101126 and signed on its behalf by.. Caron Boulghassoul Trustee Page 12
NACCOM (No Accommodation Netivork) Independent Examiner's Report to the trustees of NACCOM {No Aeeommodation Network) Itldependent examiner'5 report to the trustee5 of NACCOM (No Accommodation Network) I report io the iiustees on my examination of the acctsunts of NACCOM (No ALcommodation Network) (the Charity) for the year ended JO June 2025. Responsibilities and basis of report As thc trnstccs of the charity }'oll ar¢ responsible for the preparation of th¢ ac¢ounts in accordan¢e with the requirements of the Charities Act 2011 (the Act')- I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carry'ing out my examination I have followed all the applicable direction5 given by the Charity Commission under section 145{5)Ib) of the Act. Independent exuminer's statement Since the C.hariiy's gross income exceeded £250.000 your examiner must be a member of a body listed in se¢tiLin 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Chartered Institute of Public Finance and Accountancy {CIPFA), which is one of the listed bodies. I have compleied my examination. I confimi that no matters have come to my attention in conneciilin with the examinaiion giving me 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 2. the accounts do not accord with those records- or 3. the accounts do not comply with the accounting requirements concerning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, ieiv 'hICh is not a matter considered as part of an independent examination. I have concerns and have come acros5 no other Tnatters in cont]ection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accouiits to be reached. Eva >ievens. t5)C, LPFA, employee of Community Accounting Plus member of the Chartered Institute of Public Finance and Accountancy (CIPFA} Units l & 2 North West 41 Talbot Stre¢t Nottingham NGI 5GL 0810112026 Page 13
NACCOM (No Accommodation Netivork) Statement of Financial Aetivities for the Year Ended 30 June 2025 Total 2025 Total 2024 Unrestricted Restricted Note Income and Endowments from: Donations and legacies Charitable activities Investment income 413,390 30.713 6,361 41 i.390 90.710 6,361 486.145 432,108 59,997 Total Income 450,464 59,997 510,461 918,253 Expenditure on: Charitable aciiviiies (442.105) (47,878) 1489.983) (892,037) Totsl Expenditure Net income Gross tsansfers betw'eeii funds (442,105) 147.8781 1489.983) (892.037) 8,359 (7,622) 20,478 26,216 7,622 Net movement in funds 737 19,741 20,478 26,216 Reeoneiliation of funds Total funds brought fonvard Total funds carried forwaid ?49,305 259 249,564 22i,348 250,042 20,000 270,042 249,564 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdOl for the period is 5howii in note 13. The notes on pages 18 to 26 forni an integral part of these financial siatements. Page 14
NACCOM (No Accommodation Netivork) Statement of Financial Aetivities for the Year Ended 30 June 2025 (continued) These are the figures for the previous accounting period and are included for cornparative purposes Total 2024 Unrestricted Restricted Note Income and Endowrnents from". Donati0115 and legyacies Charitable activities 486,145 486,145 432.108 414,993 Total Income 503 ?60 414,993 918,253 Expenditure on: Charitable activities (459,521 (432,516 (892.037 Total Expenditure (459,521 1432,516 (892.037 Net movement in funds 43,7i9 {17,523) 26,216 Reconciliation of fund5 Total funds brought forward 205,566 17,782 223,348 Total funds carried forward 249,i05 259 249,504 The notes on pages 18 to 26 forni an integral part of these financial siatements. Page 15
NACCOM (No Accommodation Netivork) (Registration number: 1162434) Balance Sheet as at 30 June 2025 2025 2024 Nute Current a55ets Debtors Cgsh at bank and in hand 2.425 360,084 8.699 325,317 362,509 334.016 Creditors: Amounts falling due within one year 12 192,4671 184.452 Net assets 270,042 249,504 Funds of the charity: Restricted income fund5 Restricted funds 20,000 259 Unrestricled income funds Unresirictcd funds 250,042 249,305 Total funds 270,042 249,504 The financial statemenis on pages 14 to 26 were approved by the trustees. and authorised for issue on Q710.112fi. and signed on Iheir behalf by.. Caron Boulghassoul Trustee The notes on pages 18 to 26 forni an integral part of these financial siatements. Page 16
NACCOM (No Accommodation Netivork) Cash Flow Statement for the Year Ended 30 June 2025 2025 2024 Note Cash flows from operating aetivitie5 Net cash income 20.478 26,216 Adjustrnents to cash flows frorn tlon-cash items Investment income (6.361 14.117 26,216 Working capital adjustrnent5 tkcrease/(increa5e) in debtors (Decrease)lincrease in creditors Increase in deferred income 6.274 116.8801 24,895 {8.699) 29.109 55,343 12 Net cash flows from operating activities 28,406 101.969 Cash flows from investing actii'ities Interest receivable and similar income 6,361 Net increase in Cash and cash ¢quival¢nts 34,767 101,969 Cash and cash equivalents at l July 325,317 223,348 Cash and cash equivalents at 30 June 360,084 325,317 Reeoneiliation of net eash flow to movement in net funds Increase in cash 34,767 101,969 Net funds ai l July 2024 325,317 22?,348 Net funds at 30 June 2025 i60,084 325.J17 All of the cash flows are derived from continuing operations during the above two periods. The notes on pages 18 to 26 forni an integral part of these financial siatements. Page 17
NACCOM (No Accommodation Netivork) Notes to the Finaneial Statements for the Year Ended 30 June 2025 l Accounting polieies Statement of eompliattee 'I'hc financial statcincnts have been prepared in accordance with the second ¢dition of th¢ Charities Statement of Recommended Practice issued in Octi)ber 2019. th¢ Financial Reporting Standard applicable in the United KinbFdoin at]d Republic of Ireland IFRS 102) aiid the Cl)aritie5 Act 2011. Basis of preparation NACCOM (No Accommodation Network) meet5 the definition of a public benefit entity under FRS 102. Asset5 aiid liabilities are initially recognised at historical c05t or transaction value unless otherwise stated in the relevant accounting policy notes. Going Concern The financial statements have been prepared on a going concern basis. The trustees assess whethei the use of going concern is appropriate i.e. whether there are any material uiicertaintie5 related to events or conditions that may cast si¥nifiLant doubt On the ability of the charity to CL)ntinue as a gL)ing concern. The trustees make this assessmeni in respect of a period of one year from the date of approval ol-the financial statemei)ts. Itleome and eThdowmeDts Voluntary income including donations, gifts. legacies and grants that provide core funding or are of a general naiure is recognised when ihe chariry has entitlement to the income, it is probable that the income will be received and the amount can be measured M'ith sufficient reliability. DnMulion.f legocies Donations and legacies are recognised on a receivable basis when receipt 15 probable and the amount can be reliably measured. Grdrtts recelvable Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where perfomiance conditions are attached to Ihe grant and are yet to be meL the income is recognised as a liability and included on the balance sheet as deferred income to be released. Deferred income DeferTed incoine repre5ent5 amounts received for future period5 and is released to incomin¥ resource5 in the period for which. it has been received. Such income is only deferred when.. The donor specifies that the grant or donation must only be used in future accountinb periods., or The donor ha5 imposed conditions which must be met before the charity has unconditional entitlement. Inveslmenl income Dividends are recognised once the dividend has been declared and notification has been received of the dividend due. Page 18
NACCOM (No Accommodation Netivork) Notes to the Financial Statements for the Year Ended 30 June 2025 (continued) Expenditure All expenditure is recogni5ed once there is a le¥al or constTUCtive obli¥ation to that expenditure, it is probable settlement 15 required and the amount can be measured reliably. All cost5 are allocated to the applicable expenditure heading tliat aggFre¥ate5 5iinilar costs to that categFory. Where costs cannot be directly attributed to particular headings they have been allocated on a basi5 consistent with the use of resources, with central staff Costs allocated on the basi5 of time spent. and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based oil the spread of staff costs. Churilable dctivilies Charitable expenditure CL)mprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nare necessary to support them. Taxation The charity is considered to pass the tests set out in Paragraph l 8chedul¢ 6 of the Fingnce Art 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly. the charity is potentially exempt from taxation in respeci of income or capital gains received within categories covered by Chapter 3 Part 1 l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gain5 Act 1992, to the extent that such income or gains are applied exclusively to charitsble putposes. Trade debtors Trade debtOT5 are arnounts due froTn customers for merchandise sold or services perfotyned iii the ordinary course of busine5S. Trade debtors are recognised initially at the transaction price. They are subsequently Tneasiired at ainortised cost usin¥ the effective interest inethod, le55 provision for iinpairmei)t. A prtsvisiun for the iinpainneiit of debtor5 IS e5tablislied when there is objective evidence that the charity will not be able to collect all amouiits due according to the original temis of ihe receivables. Cash and cash equivalent5 Cash and cash equivalents comprise cash on hai)d and call deposits, and other short.temi highly liquid ii)vestmei)ts that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. Trade creditors Trade crediiors are obligaiions to pay for goods or services that have been acquired in the ordinary, course of business from suppliers. Accounts pa}'able are classified as current liabiliiies if the charity does not have an unconditional right. at the end of the reporting period, to defer settlemeni of the creditor for at least tw'elve months after the replining date. If ihere is an uncondiiional right to defer settlemeni for at least N'elve monihs after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequenily measured at amortised cost using the effective interest meihod. Fund gtru¢ture lJnrcstrictcd income funds are general fiinds that are availabl¢ for use at the trustees, discretion in furtherance of the objectives of the charity. Page 19
NACCOM (No Accommodation Netivork) Notes to the Financial Statements for the Year Ended 30 June 2025 (continued) Restricted income funds are those donated for use in a particular area or for specific purposes. the use of which is re5tri¢ted to that area or purpose. Pension5 gnd other p051 retirement obligations The charily operates a defined contribuiion pension scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Ststement of Financial Activities represent the CL)ntributions payable by the ehariry during the year. 2 Income from donation5 and legacies Unrestricted Total 2025 Total 2024 G¢neral Donaiions and legacies., Donations In)m individuals Grants, including capital grants; Grants frotn other charitie5 18,047 18,047 43,409 i95,34i i95,34i 442,7)6 413,390 413,390 486,145 3 Income from eharitable activities Unrestricted funds General Restricted funds Total 2025 Total 2024 Grants & donations 59.997 59.997 4.902 18,015 7,796 414,993 4.243 Evenis income Membership income Other income 4,902 18,015 7,796 12,872 iO,713 59,997 90,710 432,108 4 Investment income Unrestrieted funds General Total Total 2024 Interest receivable and similar income; Interest receivable oil bank dep05lts 6,361 6,361 Page 20
NACCOM (No Accommodation Netivork) Notes to the Financial Statements for the Year Ended 30 June 2025 (continued) 5 Grants and donations Unrestricted funds Restricted funds Total fund5 Metropolitan Thames Valley Housing Oak Foundation Homeless Link l Lloyds Bank Foundation Anon)Imous AB Charitable Trust Paul Hamlyn Foundation The Tudor Trust Anonyinous Donations from individuals 20,000 20,000 19,997 20.000 133,000 26,507 25,000 110,000 60,000 60.000 20,8i3 18,047 113,000 6,510 25,000 I i 0,000 60,000 60.000 20,833 18,047 413,390 59.997 473.i87 Page21
NACCOM (No Accommodation Netivork) Notes to the Financial Statements for the Year Ended 30 June 2025 (continued) 6 Expenditure on charitable activities Unrestricted funds General Restricted funds Total Total 2024 Annual Conference 5,640 1,332 418 5.640 8.929 Design and printing Comms softivare Campaigning and influencing Member Hubs Training and events for membersiextemals Meeting refreshments LegFal fees Consllltancy Project Research costs Volunteer Expenses Room Rent Travellii)g Expenses Printing, Postsge and CatTiage Telephone landline Mobile phone dats & handsets OITice Stationery Website Hosting OITice equipment IT Support Stora¥e & Shredding Software Subscriptions Office Expenses Insurances Bank service charge Wages, Nl & Pensions Trustee Costs Piofessional Fees Fundraising Staff costs Grants repaid Support costs Governance costs Other expenses 418 954 29 983 8,566 3,200 1,000 1,210 144 1,000 1,210 144 26,070 1,330 1,092 3,681 14,624 323 26,070 2,440 3.657 3,861 16,262 i52 144 1.397 92 291 3,043 1,358 773 2.189 390 1,899 258 405,651 1,737 4.192 2,565 180 1,638 29 108 103 1,294 73 291 362 2,681 1,358 773 1.445 390 1,899 258 364,951 1,737 4.192 744 40,700 404,990 8,000 21.834 376,208 28,546 7,252 27,712 442,105 47,878 489,983 89?,Oi7 Page 22
NACCOM (No Accommodation Netivork) Notes to the Financial Statements for the Year Ended 30 June 2025 (continued) 7 St8ff £0s¢s The aggregate payroll costs were as follows.. 2025 2024 Staff cost5 durillg the year were: Wa¥e5 and salaries Social security costs Pension costs 356,386 28,517 20,748 347,409 36,645 20.9)6 405,651 404,990 The monthly avern¥e nuinber of persons {includin¥ senior management team) etnployed by the charity durin¥ the year wa5 as follows-. 2025 2024 Average number of ¢mployees 9 (2024 - 91 of the aLx)ve employees participated in the Defined ContribuiiL)n Pension Schemes. Contributions to the employee pension schemes for the year totalled £20.748 {2024- £20,9i6). The number L)f employees whose emoluments fell within the following bands was.. 2025 No 2024 No £60,001- £70,000 The total employee benefits of the key management personnel of the charity. w'ere £160,36012024 - £154,946). The Director, as the highesi paid member of staff. received benefits totalling £62.290 (2024 £62,882). 8 Independent examiner's fees During the p¢riod, the fees payable (excluding VATI to the ¢harity's independent examiner Community A¢counting Plus are analysed as follo.5.. 2025 2024 Independent examination 1.400 1.400 Page 23
NACCOM (No Accommodation Netivork) Notes to the Financial Statements for the Year Ended 30 June 2025 (continued) 9 Taxation The charity is a rtg15tered charity and 15 therefore exempt from COTporatioii taxation. 10 Debtor5 2025 2024 Trade debtors 2.415 5.495 Other debtors 2,425 8,699 I I Cash and cash eqllivAlents 2025 2024 Cash at bank i60,084 i25.317 12 Creditors: amount5 falling due within one year 2025 2024 Trade creditors 421 6.148 3.980 1.680 80,?38 893 15.163 13,053 Other taxation and Social 5ecuTity Other creditors Accruals Deferred income 55,343 92.467 84.452 13 Fund5 Balance at 30 June 2025 Balance at I July 2024 Incoming resources Resourees expended Transfers Unrestricted funds Generul General 249,305 450,464 {442,105) (7,622) 250,042 Restricted funds Hoineless Lit]k 259 19,997 (27,878) 7,622 Oak Foundation- website re-desi¥n Metropolitan Thames Valley 20,000 20,000 20,000 (20.000) Total restricted funds 259 59,997 (47,878) 7,622 20,000 Page 24
NACCOM (No Accommodation Netivork) Notes to the Financial Statements for the Year Ended 30 June 2025 (continued) Balance at 30 JuThe 2025 Balance at I July 2024 IncorniDg re50uree5 Resources expended Trallsfers Tolal fund5 249,564 510,461 {489,983) 270,042 The specific purposes for which the funds are io be applied are as follows.. Homeless Link - Project funding to support a three-vear national influencing partnership with Homelessness Link to help design homelessness and destitution out of the asylum and immigration system. Oak Foundation - website re-design Towards the redcsign of NACCOM'S website to better reflect identity, strengthen Campaigning, shoivcase lived experience, improve accessibility, security, integraie key digitsl tools and support members and donations. Meiropolitsn 'l-hames Valley - A five-yegr partnership to siipport refugee housing and integration throiigh events. training, and collaborarion. The iransfer from the General fund to the HL)meless Link fund is to cover Ihe deficit on this activity. Balance at Incoming Resources Balance at 30 July 2023 resources expended June 2024 Unrestrieted funds G¢Mertsl General 205,566 503,260 (459.521) 249,305 Restricted Guardian & Observer Charity Appeal Other People's Voice Media Lloyds Bank Foundation/Good Faith Partnership Homeless Link 376,208 6,250 2.500 (376,208) 121,5321 {5,0(N)) 15.282 2,500 10.000 20,035 110.0001 119,7761 259 Total restricted funds 17,782 414,993 (432,516 259 Total funds 223,348 918,25i (892,037) 249.564 14 Analysis of net a5set5 between funds Page 25
NACCOM (No Accommodation Netivork) Notes to the Financial Statements for the Year Ended 30 June 2025 (continued) Unrestricted 2025 Total funds General Restricted CuTrent assets Current liabilities 262,271 (12,?29) 100,2i8 180,?38) 362.509 192.467) Total net assets 250,042 20,000 270,042 Unrestrieted 2U24 Total funds General Restricted Current assets Current liabilities 278,414 (29,109} 55,602 155,3431 334,016 184,452) Totsl nei assets 249,305 259 ?49.564 15 Related party transactions There were no related party transaciions in the year. 16 Trustees rernuneratton and expenses During the year the charity made the follL)wing transactions with trustees.. Shukry Shukry £66 {2024.. £87) of expenses were reimbursed to Shukry Shukry during the year. Washington Ali-Nas010 £90 {2024'. £226) of expenses were reimbursed to Washington Ali-Nasolo during the year. Caron Boulghassoul £445 (2024.. £7061 of expenses were reimbursed to Caron Boulghassoul during the year. ,J(Trnathan Darling £269 (2024.. £1611 of expenses were reimbursed to Jonathan Darling during the year. Phil Davi$ £8) {2024'. £Nil) of expenses were reimbursed to Phil Davis during ihe year. J&red Hodgson £98 {2024.. £Nil) of expense5 were reimbursed to Jared Hodgson diiring the year. Tracei. Kirkland £597 (2024.. £Nill of expenses were reimbursed io Tracey Kirkland during the year. Emad Raad £58 {2024.. £Nil) of expenses were reimbursed to Emad Raad diiring the year. All reitnbursed ekpeiise5 relate to travel. accoinmodation and 5ub5lStence. No trustees, nor any persons connected with them, have received any remuneration fron) the charity during the year. No trnstees have received any other benefits from the charity during the year. Page 26