York Road Project DeEertFi￿8 Hameless￿esS To8ekkeY 2024 - 2025 Trustees. Annual Report and Accounts **----- Start of picture text -----**
Legal Information
**----- End of picture text -----**
## **YORK ROAD PROJECT** **ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDING 31 MARCH 2025** ## **Registered Address** 1 York Road, Woking, Surrey, GU22 7XH ## **Trustees** Timothy Henty (Chair) Nathan Bennett (Treasurer) Andrew Humphreys (Vice-Chair) Andrea Norman-Walker (Secretary) David Oliver Filippo Zanasi **Charity number (England and Wales)** 1162835 ## **Independent Examiner** Frances Wilde FCCA DChA Warner Wilde Limited Chartered Certified Accountants 4 Marigold Drive Bisley Surrey GU24 9SF **2** **----- Start of picture text -----**
Legal Information
**----- End of picture text -----**
The trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" . ## **PUBLIC BENEFIT STATEMENT** The Charity serves the public benefit by reducing anti-social behaviour, crime and nuisance and thereby delivering a cost savings benefit to local authorities, the police, health services and Adult Social Care. The Charity also provides a service to the general public through raising awareness and providing information about the housing climate, and education about people rough sleeping in Woking and the surrounding areas. ## **THE OBJECTS OF YORK ROAD PROJECT** To relieve need, distress and financial hardship among homeless people over the age of 18 within the Borough of Woking and environs, without discrimination, by: i. providing temporary housing to assist those who are homeless, at risk of being homeless or recovering from homelessness; ii. providing housing related support such as information, advice, training and onward referral or signposting to enable them to live more independent lives in the community; iii. assisting homeless people’s integration into the community by educating the local community concerning the nature, causes and effects of homelessness. ## **FINANCIAL SUMMARY** The Charity’s total income for the year ending 31 March 2025 was £832,318, and total expenditure was £739,569, resulting in a surplus of £92,749. The Charity’s unrestricted reserves, as of 31 March 2025, total £276,778. **3** **----- Start of picture text -----**
Contents
**----- End of picture text -----**
- 2 - Legal Information - 5 - Chief Executive’s Review - 7 - Who We Are 10 - What Our Clients Say - 11 - Colin’s Story - 12 - Fundraising - 13 - Our People - 15 - The Future - 17 - Governance - 18 - Independent Examiner’s Report - 19 - Statement of Financial Activities - 21 - Balance Sheet 22 - Statement of Cash Flows - 23 - Notes to the Financial Statements 37 - Thank You **4** **----- Start of picture text -----**
Chief Executive’s
Review
**----- End of picture text -----**
## **A Letter From Our CEO** This year, York Road Project has continued its mission to support people experiencing homelessness in Woking, and I am proud of the resilience, dedication, and compassion our team has shown. Over the past year, 168 people experiencing homelessness were referred to us for help, 105 of whom then received a full assessment and support from our team. 70% of them were new to our services. This was a similar number of referrals to those we received in 2023-24, but a significant 24% increase in the number of people who received a full assessment and support from our team. This led to a big increase in the number of clients we worked with throughout the year: 150 individuals across the 12 months. We are seeing a clear rise in the number of people seeking and receiving our help. At the same time, client complexities are increasing: more people are coming to us after losing accommodation and still trying to hold down jobs; others are sleeping in their cars, struggling with high rents, or unable to find landlords willing to house them. These realities show just how vital our services are, offering safety and support where no other options exist in the local area. **----- Start of picture text -----**
23-24 24-25
200
150
100
174 168 49% 63% 132 150
50
0
Referrals % Assessed Total Clients
**----- End of picture text -----**
True to our values, this year our team created a unique and personalised **Despite a similar number of referrals to** support plan for each client, using a **23-24, our team assessed and supported** mix of the different services that York **a higher percentage of clients, resulting in increased total clients this year.** Road Project delivers. 126 of our clients accessed our Resource Centre, includingincluding rough sleepers who had nowhere else to turn. For a small, locallybased charity, these numbers demonstrate the significant impact we have, providing vital support and a pathway to stability for people in crisis. **5** **----- Start of picture text -----**
Chief Executive’s
Review
**----- End of picture text -----**
Our accommodation portfolio currently provides 24 beds, offering clients a safe sanctuary that allows them to address mental health, medical, and housing needs. In early 2025 we nearly secured a new property that would have expanded our services to 30 beds and allowed us to better support people back into work. Unfortunately this fell through at the last minute, but we remain committed to expanding our accommodation to meet the growing local need. We are currently exploring alternative options. This year also saw the launch of Changing Journeys Coaching: a partnership between York Road Project and 1721 Coaching, funded by the Community Foundation for Surrey. This initiative was created to explore how we can use coaching techniques to better support people who are struggling with their mental health. Too many of our clients fall through the cracks of traditional mental health services, so we wanted to bring them practical tools that can help them cope with everyday life, build resilience, and take steps towards independence. Through the year, we held a number of community engagement events including a successful open day at our Resource Centre to mark World Homeless Day. We have also worked with local schools, churches, Scout groups and other community organisations to raise awareness of our cause and connect with the wider Woking community. In 2025–26 we will focus on collaborating further with services similar to ours, expanding our bed spaces, and growing programmes like Changing Journeys that give more clients the tools to regain independence and address their mental health needs. I want to extend my heartfelt thanks to our incredible staff, volunteers, and trustees. Your dedication, compassion, and professionalism make York Road Project what it is: a small charity with a large impact, delivering life-changing support to the people who need it most. **Cherisse Dealtry Chief Executive** **6** **----- Start of picture text -----**
Who We Are
**----- End of picture text -----**
## **PURPOSE** To relieve need, distress, and financial hardship among homeless individuals within Woking and surrounding areas by providing short-term housing, support services, and integration into the community. ## **VALUES** Empowerment – We support people to take control of their lives to make positive changes. Inclusion – We listen and respond to our staff, clients, and communities, valuing their diversity and treating everyone with respect. Belief – We believe that everyone has the ability to make positive changes to their lives. **7** **----- Start of picture text -----**
Who We Are
**----- End of picture text -----**
In order to support our clients at every stage of their journey, we have created a unique, connected suite of services. ## **1 York Road** 1 York Road is our flagship service: providing short-term accommodation for those with nowhere else to turn. With 10 beds and 24 hour support, 1 York Road is Surrey’s only direct-access accommodation provision. This year we accommodated 62 clients at 1 York Road, with an average length of stay of 52 days. Nearly 50% of those we supported are resettled within only 12 weeks, due to the high quality of service on offer. ## **Resource Centre** Based in Woking town centre, our Resource Centre hosts Rough Sleeper Drop-In every morning: the only place in the local area where anyone sleeping rough can get showers, laundry, food and hot drinks alongside support from trained staff. 132 unique individuals accessed our Resource Centre this year: our highest numbers since the Covid-19 pandemic. We deliver group workshops, social sessions, 1:1 meetings and operate our head office from the Resource Centre, in addition to daily Rough Sleeper Drop-Ins. **8** **----- Start of picture text -----**
Who We Are
**----- End of picture text -----**
## **Move-On Properties** We run four Move-On Properties in the local area, where clients who require further support can live for between 6 and 24 months at an affordable rent, with regular support from our expert team. This year we supported 37 clients across our four properties. On average, each client stays in our Move-On Properties for just over 6 months. ## **Support Services** Our **Outreach Team** are typically the first to engage with rough sleepers in the local area. This year they supported more clients than in any year since the Covid-19 pandemic. Our **Social Groups** help clients build their confidence and social skills, through creative activities such as painting and through group days out. Our **Tenancy Sustainment Service** help clients remain in independent accommodation once they have found it, ensuring they do not need to return to homelessness. This service has a 100% success rate, making an enormous difference difference to clients’ futures. Our new **Changing Journeys** coaching service has had an incredibly successful pilot year, working with 24 clients and empowering them to regain control of their lives. Using techniques adapted from life-coaching, Changing Journeys helps our clients’ self-development and independence. **9** **----- Start of picture text -----**
What Our Clients Say
**----- End of picture text -----**
“Without York Road the homeless wouldn’t have anything. They are friendly, helpful and would do anything to help.” “Peaceful, supportive, opportunity, informative.” “York Road Project has provided me with a lifeline. Thanks to the charity, I got a bed to sleep in just when it looked like I would be spending a night under a bridge.” “It is all thanks to the team here, their hard work and generosity, that have helped me get to where I am today.” “Staff are kind, friendly and helpful.” **----- Start of picture text -----**
100% Satisfaction at 1 York Road
Dissatisfied Slightly Satisfied
Satisfied Very Satisfied
100
80
60
40
20
0
Safe & Secure WelcomingSupported & Needs MetQuality Accommodation
% of clients
**----- End of picture text -----**
“York Road as a whole is a good place to be if you want to get off the street and get your life sorted out. The people that live here are all different with different back stories, but it works. It is always warm and cosy.” “Everyone comes and goes and says hello. I enjoy being here and the staff are amazing. I am going to miss it here!“ “I am happy that I got the chance to be safe again and there is always someone to turn to and talk to if I have an issue.” “I arrived at the door of the York Road shelter having spent the last 6 months in a tent with no money and deteriorating health and contemplating suicide. Without YRP I would be dead! It’s amazing and I still can’t believe it. I’m sure I will wake up soon.“ **10** **----- Start of picture text -----**
Colin’s Story
**----- End of picture text -----**
I first approached York Road Project due to a relationship breakdown and having to leave the family home. During this time my mental health was not good and I have had trauma in my life affecting this. Staff supported me in making a referral to one of their ‘move-on properties’, which is a shared house with a garden. It is a lovely property and has given me my independence and a chance to start looking towards my future. I struggle to trust people, but built up trust with the York Road Project staff. They have supported me with many aspects of my life, ie contacting the GP to update my medications and get a diagnosis for ADHD. I have been supported by Jayme, a Tenancy Sustainment Worker, and she continues to support me with many aspects of my life. We are working towards looking for accommodation of my own to call home. York Road Project held an exhibition last year, to break down the stigma of homelessness. When you are homeless you feel really lost and people still do carry a perception of what a homeless person is: this can make you feel worthless as a person. I built up the confidence to take part in the exhibition and was really pleased I did. Hopefully it has helped educate people that we are human and make a change for those that homelessness affects in the future. Over and above the practical help with housing, and the continued support I receive from everyone at York Road Project about mysmy future, the feeling of self-belief that they have instilled in me has been so life-affirming. They have helped me enormously in my emotional journey, and made me feel like a worthwhile person who has the right to be treated with as much dignity and respect as anyone else. For this, I will never be able to thank them enough. ## **Colin** _Colin is now successfully living in his own accommodation._ **11** **----- Start of picture text -----**
Fundraising
**----- End of picture text -----**
Due to a combination of external pressures, the need for us to secure fundraised income from voluntary sources has been higher this year than it has been in previous years. In our financial year 2024-25, 15% of our income was raised from charitable sources. We are incredibly grateful to everyone who has supported us by making donations, including the Garfield Weston Foundation, the Community Foundation for Surrey and the National Lottery Community Fund. Our local community were incredibly generous when making contributions to our Christmas Campaign this year, donating a record-breaking £19,298. This is in addition to donations that over 150 local people made over the course of the year. We are especially grateful to those who make regular, monthly donations ensuring we have a reliable stream of voluntary income. We would like to thank everyone who took on a challenge event, such as a sponsored run or cycle, in support of our work - including the team who tackled the Twilight Runway Challenge in September. Finally, across the year we have received a lot of very generous, reliable support from local churches, schools, Scouts groups, the Woking Lions Club and other community organisations. We’re very grateful to all these groups: we know it’s essential for us to come together as a community - we can only defeat homelessness by working together! **12** **----- Start of picture text -----**
Our People
**----- End of picture text -----**
## **Staff** Our staff team is comprised of 13 permanent members of staff (10.5 FTE). Our staff are talented, trained individuals who make the difference for our clients every single day. No two of our clients have the same story, and our staff provide personalised support that is different for each individual. From helping with cooking and cleaning to providing advice and advocacy; from signposting and supporting to running accommodation and helping find employment; from engaging rough sleepers on the streets to working with clients who are secure in their own accommodation, to ensure they never need return to homelessness. Our staff are always there for everyone we support - using a huge range of skills, talents and experience to help each client defeat homelessness for good. **The staff here are always happy to talk and very welcoming, non-judgemental and kind. The support is always there for any situation.** **Through such a traumatic moment in my life, becoming homeless, they have made life seem normal and made me feel like I’m part of a family.** ## **Trustees** Our Board of Trustees are all local volunteers who bring a collective wealth of experience in management, leadership, and engagement with the community. Our Board provide a critical oversight of the charity’s strategy, community engagement and fundraising, and financial management. **13** **----- Start of picture text -----**
Our People
**----- End of picture text -----**
## **Volunteers** We are preparing to grow our volunteer base in 2025. Many local residents help and engage with us in different ways, and we are looking for opportunities to make the most of this valuable support from the community. We are incredibly grateful to everyone who donates items for our clients, cooks meals for us (at Christmas especially, and also throughout the year), and to the local businesses whose volunteer days have made such a difference to our Move On Properties and, consequently, to the lives of our clients. **14** **----- Start of picture text -----**
The Future
**----- End of picture text -----**
## **A Letter From Our Chair** I have been involved with York Road Project for 6 years now, initially as a volunteer and now as Chair of Trustees. In this time I have seen many changes that have impacted our Woking-based charity, including the financial collapse of Woking Borough Council and, most strikingly, the Covid-19 pandemic which had wide-ranging impacts on the charity sector as a whole. Through all of these changes, one thing has been consistent: the team at York Road Project have worked diligently and tirelessly to support anyone experiencing homelessness in our community. 2025 marks the 30th year that York Road Project has worked to tackle homelessness in Woking and the surrounding area. But this is not just a time for celebration; for looking back and being proud of the lives our charity has transformed over the years. This is a pivotal time, when things are continuing to change around us. We know that our charity must rise to a new set of challenges to ensure that we are still here, helping those who need us, in 30 more years’ time. Surrey’s political landscape is changing, with local government unification marking an end to borough and district councils. York Road Project has been involved in many discussions with other charities and the councils themselves to ensure we are well positioned when this major transformation happens. We are excited for the opportunities this will create for us to widen our impact in west Surrey. We have also been closely involved in the consultation around the **15** **----- Start of picture text -----**
The Future
**----- End of picture text -----**
incoming Supported Housing (Regulatory Oversight) Act 2023, to ensure that York Road Project’s properties and services are impactful under new nationwide regulatory frameworks. Finally, we have continued to work alongside our partners, landlords and supporters to ensure a stable future for each property we manage: committing to always having reliable buildings that act as a base for our clients, who need certainty and stability above all else. When looking into the future, naturally there is always uncertainty. But I am confident that York Road Project will always be busily at work in Woking, empowering, including and believing in those who need us most. Timothy Henty **Chair of Trustees** **16** **----- Start of picture text -----**
Governance
**----- End of picture text -----**
## **Structure, Governance and Management** The charity is a Charitable Incorporated Organisation (CIO). The members of the CIO are its trustees for the purposes of Charity law. The governing document of the Charity is the York Road Project Constitution, signed by the Chair on 08 February 2024. The Board is constituted of a minimum of three Trustees including a Chair, a Secretary and a Treasurer. There is no maximum number of Trustees. The Trustees usually meet four to six times a year to determine the business of the Charity. The Board has appointed the Chief Executive to be an associate non-voting member. Trustees of York Road Project serve for a period of three years after which they are eligible for re-appointment. New Trustees are appointed by resolution of the Board from suitable members of the community who have skills the Board requires. None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. ## **Trade Creditors** The company's current policy concerning the payment of trade creditors is to follow the CBI's Prompt Payers Code (copies are available from the CBI, Centre Point, 103 New Oxford Street, London WC1A 1DU), and to: - settle the terms of payment with suppliers when agreeing the terms of each transaction; - ensure that suppliers are made aware of the terms of payment by inclusion of the relevant terms in contracts; - and pay in accordance with the company's contractual and other legal obligations. ## **Reserves Policy** The charity shall hold at any one time no less than the cost of winding up the charity. In addition, the charity may hold up to 3 months of operating costs. This trustees' report was approved by the Board of Trustees. ........................................................ Date: ......................................27th January 2026 **Chair of Trustees** **17** **----- Start of picture text -----**
Independent
Examiner’s Report
**----- End of picture text -----**
28th January 2026 **18** Statement of Financial Activities York Road Project De¥eo41iy H¢%Melesshess Toyeèkey YORK ROAD PROJECT STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Curr•nt flnancl•l y•ar Unr••trf¢t•d Vnr••trf¢t•d fvnds fund• g•n•ral d•Blgnatod 2025 2025 R••trlct•d fund• Total Tolal 2025 2025 2024 Not•• In¢om• from: Donalions and 1oga¢io8 CharStablt actlvili88 Other trading actlvlt1•8 Invg$tmgnts 122,381 353,054 295.755 30,000 5.820 418,136 383,054 5,820 25,308 451.297 387,810 25.308 14.589 Total In¢om• 5Lh).743 331.575 832,318 853.696 Exp•ndltur• on: Raising fvnds Charitablo 8Ctlviti•# 40,683 354.006 40,683 698,886 8.613 769.046 344.880 Totjl •xp•ndltur• 394,889 344.880 739,569 777.659 N•t In¢om•ll•xp•ndttur•l 1￿,054 113,3051 92,749 76,037 Tran8fer8 betwèen fund8 I4￿.000) 400,000 N•t mov•m•nt In fund• 10 1293.9461 400.( 113.3051 92,749 76.037 R•concIlla￿On of fund•: Fund balan￿ a11 Awil 2024 570.724 148.561 719,285 643.248 Fund balanc•• at 31 March 2025 276.778 400,1)00 135.256 812,034 719.285 The 8latomenl of financial octivitlos inGlude8 all gains and bsses recognised in the ye8r. AJI incorr* and expenditure dortve from conlSnuing activitles. 19 York Road Project Statement of Financial Activities Pe¥eA¥i*J HoMeless*ess To8eèkeY YORK ROAD PROJECT STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Prlor flnanclal y• Llnr•strfct•d lund8 2024 R•Btrfct•d fund• 2024 Total 2024 Not•• In¢om• Irom: Oon8lion8 and legac488 Chafitablo activities Inv8slm8ntB 97,180 387,810 14.589 354,117 451,297 387,810 14,589 Total Incom• 499,579 354,117 853,696 Exp•ndltur• on: Raising funds Charitable acllville8 8,613 269,889 8,613 769,046 499,157 Total •xp•ndltur• 278.502 499,157 777,659 Not Incom•ll•xp•ndttur•l and mov•mont In lund• 221,077 1145,040) 76,037 R•conclll•tlon of fund•.' Fund b8L8nc88 at 1 A￿￿1 2023 349,647 293,601 643,248 Fund b•l•n¢•• at 31 March 2024 570,724 148,561 719,285 20 Balance Sheet York Road Project De¥eo41iy H¢%Melesshess Toyeèkey YORK ROAD PROJECT BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Not•• Flx•d a•s•ts Tanglble assets 14 21.40S 24.527 Curr•nt a•••t• Deblors C88h at bank and In hand 15 41.885 817,046 84,623 747,730 858.931 832,353 Cr•dltorn: amounts lalllng du• wlthln on• y••r 16 {68,302) (137,59S} N•t curr•nt ••••t• 7W.629 694.758 Total a•uts l••• ¢urrnnt Ilabllltl•• 812.034 719.285 Th• fund4 of th• ¢h•flty Reslricled income fund8 Unrestrlcted lund8- general Unrestrictsd lund8- des￿n019d 19 21 20 135.256 276,778 4￿.000 148.561 570,724 812,034 719,285 27th January 2026 The financial statgrnents were approved by the IN8tees on ......................... Treasur•r 21 York Road Project Statement of Cash Flows Pe¥eA¥i*J HoMeless*ess To8eèkeY YORK ROAD PROJECT STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 1014 Nots• Ca•h flow• from op•ratlng •ctlvltl•• Cash gen&raled from operalions 25 51,708 78,619 Inv••tlng actlvltl•• Purchase of tangible fixod 88sets Proceeds from dlsFty)sal ol langlble flxed a88e18 Investment Incom8 roc•ived 17,6981 124,291) 14521 14,589 25,308 N•t ca•h g•n•rat•d froml{u••d In) Inv••tlng •ctlvltS•• 17,610 110,154) N•1 ca•h g•n•rat•d from flnanclnq actlvltl•• N•t Incr•a8• In cash and cash •qulval•nt• 89.316 68,465 Cash and ca8h 8qufvalonl8 at b8gSnnlno of year 747,730 679,285 C••h and cash •qulval•nt• at •nd of y•ar 817.046 747,730 R•I•￿n9 to: Cash 01 bank and In hand 817,046 747,730 22 Notes to the Financial Statements York Road Project De¥eo41iy H¢%Melesshess Toyeèkey NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ounllng poll¢l•• Charlty Inforniatlon York Road Proied is a Charitable Incorporated Organlsation. 1.1 Accountlng conventlon The financial $lalemgnts have bggn prepared In acccrfdance wlth the charftys govemlng document. the Charitie8 Act 2011, FRS 102 Tho Fin8ncial Reporbng S18ndard applicable in Ihe UK and Republic of Ireland" and the chari￿85 SORP 'Accounllng and Reportlng by Ch8rftses.' Slalemenl of Recommended Practice applicable lo charitie8 preparing Ihelr accounts in accordance wlth the Financial Reporting Standard appllcable In the UK and Republlc of Ire18nd {FRS 1021". The chartty18 a Publlc 8en8fl1 Entlty a8 dellned by FRS 102. The financial statemorits have daparted from the Charities (Accounts and Reports) Regulatlons 2008 onty to Ihe exlenl requlred lo provide a true and lair vlew. This departLtre h8$ involved lollowing the Siatemenl of Rocommendgd Practice for tharitio$ applying FRS 102 rather than thg vorskjn of Ihe Stalemonl of Recommended Pracuce which 18 referred to in thg Regulations bul which has since been withdrawn. The financial stal8menls are prepared In sleding, whlch Is the lunctlon81 currency of the charlty. Monetary amounts in thes8 financial 8talements are rounded lo tho nearest £. The financial statements have been prepared under the historical cost convenlon. Imodrfied lo include tho revaluation of freehold propertie5 and to Include inveslmenl properties and certain financial inslrumenls al falr valuel. Tho prlnGipal a￿untIng polSGig8 adoptsd are $91 out bglow. 1.2 Golng conc•m Al Ihg timg of approving Ihg finan¢io1 slatgmgnts. Ihg tru$l&os have g rea$ongb19 gxpeclalion that the charity has adequ¥le resources lo contsnue in operational existenco for Ihe foreseeable fuluro. Thus the Iruslees continue lo adopt Ihe going concom basis of 8ccounling in preparlng the financial slalements. 1.3 Ch•rlt•bl• fund• Unreslricted funds are av811gble for use ot thg dSscreJon of the twstees Sn furtheranco of tholr charftable oblociNes. R881rlcted fund8 are sublecl to Speclflc eondttlons by donors or grantors as lo how they may be used. The purpo8e8 and uses of the re8trictod lund8 are 801 out in the nots8 to tho ffinanci818tslemenl8. Endowm8nl hjnds ar8 subject to specffic conditionB by donor5 that Ihe capital muyl bo m8intsin8d by th8 charity. 23 York Road Project Notes to the Financial Statements Pe¥eA¥i*J HoMeless*ess To8eèkeY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢Muntlng poll¢l•• Icontlnu•d} 1.4 Income Income Is recognlsed when the charlty18 legally 8nb'Ued to li aft8r any perfomance condlllon8 havè b88n mel, tho amounts Can be measured rellably, and it is probabl8 that Income wll bt received. Cash donation5 arè recognised on recelpl. Other donation5 are reeogni8ed oncb Ihe charity h88 been notified of the donalK)n, unless perfomance condllons require deferral of the amunt. Income t&x recDverabJe In relation to donations received under Grft Ajd or deeds of covenant is recognised al the lime of th8 donation. Lega￿￿ arg rnwgnisod on rec8iPt or olhomse if Ihg charity h8$ bggn notified of an impending dSslribution. Ihe amount is known, and rg¢eipl is expoctgd. If the amount is not known. the 1g9ocy Is Ireaiod as conlingenl as$o1. 1.5 Exp•ndl¢ur• Expenditure is recognised once there Is a legal or con51ructiva obligation to transfer economlc benefit to third party, il 15 probable that a transfer of ¢¢onomic benefits will be required in 59Wemgnl. and the amount ol tho obllgallon can be measurod reliably. Expendlturg Is cla¥sifled by 8cllvSly. Thg ￿919 of e8¢h actlvlty made up of the lotsl of dlrect costs and shargd w$l8, including support co$t$ involvod in undgrtgking each octivity. Diroct ￿$1$ attributable to a single advlty are ollocated directly to that acUvSty. Shargd cosls which contribute lo more th8n ong Octlvlty and support costs which are not 8ttributsblg lo a single aclivlty are apportloned between those 8cbvillos on 8 b8S1$ conslslent wth the use of resource8. Central staff co818 are al￿)Catad on Iho baai8 of ￿me 8penl, and deP￿claI￿n charges are allocated on the portion of the 8ss&t's use. 1.6 T*nglble flxed a••ets Tanglble fixed as8818 are Inloally measured al c081 and 8ub8equentty mea8uretJ al co81 or valuallon, net ol depr8cSallon and any bmpalm8nl108￿3. Deprociation18 r•eognl8ed 80 88 lo writ8 off tho co81 or valuat￿n of as8èt81888 tholr re8idu•l valu88 over Ihelr U88fiJl Ilves on the followlng ba￿. Flxtur85 and fittings Computers 3 ygars Slravjhl Line 4 year8 Slrabhl Llne Th8 galn or loss arising on the dlsp05al of an as5el is determined as the dn1erence befv￿en the proceeds and the carying valub of tho a8881. and 18 recognisod In the 8tatemont of financial activiti85. 1.7 Imp•lvffl•nt of fix•d aM•ts Al each reporting end dale, th8 charity reviews the carrying amounts of its tangibl8 assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists. the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss {if any). 24 Notes to the Financial Statements York Road Project De¥eo41iy H¢%Melesshess Toyeèkey NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ountlng poll¢l•• Icontlnu•d} 1.8 Cash and Ga8h •qulval•nt• Cash and cash equlvalenls include cash In hand. d8po8118 h8ld at call with banks. other 8hort-18rm liquid investments original maturitios of three months or less, and bank ovordrafts. Bank overdrafts are shown WTihin borrowngs in current liabili1188. 1.9 Flnanctsl In•trum•nts The charity h88 Olodod to apply the provisions of Soction 11 'Ba$ic Finan¢l•l In81rumonts' and Secllon 12 'Other Flnandgl Instruments Issues. ol FRS 102 to all of Its finonclal Instrumnts. FSnancSal in8lrumenl$ are rocognise11 In tho chadlys balance sheet %then the charfty becom08 party to the conlraclual provlslons of the Instrument. Flnanclal assets and liabllSties are offs81, with the nel 8mounts pr88enled In the flnanclal slalemenls, when there 18 a18gally enforceable right 10 881 off the r8ccrfJnised 8mount8 and there18 an intention to 88tUe on a nel ba818 or lo re81188 the a88et and settle Ih8118billty 8lmullaneously. 8aslc fln•ncl•l ••••ts Basic financlal assets, whlch Indude debtors and cash and bank balance8, are Inlll8lly rnagured al transaction pdee includlng transaction costs and are subsequenlty carded 8t amorti88d co81 uslng the 8ffect￿8 interest method unlèss th8 arrangement L))n8Uiul88 a financing tran88¢1ion, wherè the transaction 18 measured al th8 present value ol Ihe lulurt re¢8ipts di$counl8d at a market rale of Inlere8t. Financlal a88ets dassrfied as receivable within onè year are not amortlBed. B•slc Iln•ncl•l Ilabllfth$ 8a&ic financial liabilities, including credltors and bank loans are initlalty raeognised al trnnsadon pricè unlè$8 the arrangement constitutes a financing transaction, where the debt instrument is m8asur&d al the present value of the lulure payments discounted at a market ralo 01 inlei8sl. Financial Siabilit￿$ classified as payable within one year are not amortised. oobt instruments arg 6ubsequenUy carrigd 01 amorttsod Gosl. using Ihe effeclivo intere$l role mglhod. Trade creditors are obl@atlons lo pay for goods or services that havg been gcqulrgd In th9 Qrdinary Course of OPgration$ from suppliers. Amounts payable arg ci8s$ifigd as current li8bililios if payment is dug within one ygar or loss. If not, they are prgsontod as non4urrent liabili￿Os. Trade crodilors arg rocognisod Inlllally al Ir8nsaclion price and subsequenvy measured at amortised cost using the effeclive inlerest method. D•rocognKlon of Ilnanclal Ilablllllos Financial liabilities a￿ derecognised when the charity's contraciual obli981ion8 expire ￿ are dlscharged or C8nc8118d. 1.10 EfflployM b•n•fli# Th& cost of any unused holid8y enllljement Is recognlsed in tho ped￿j In which the employee's 8eivica8 are received. Temlnatlon b8nefits are recognlsed immediately as an expense when the charfty Is demonstrably ￿mmItted lo tsrminale the employment of an employee or lo provide termination beneffits. 25 York Road Project Notes to the Financial Statements Pe¥eA¥i*J HoMeless*ess To8eèkeY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢￿untIng poll¢lo• (Contlnued 1.11 R•tlr•m•nt b•nof Poyments to dgflnod contrlbution relSrement bgnoflt schgmes arg charggd 8$ on expense as th9y fall dug. Crltlc*l accoun15ng ••tlmat•• and Judg•m•nt• In the application ol the charity's accounting policies. the Iru5tee5 are requlred lo make judg8rnents, eslimale$ and assumptions about th8 carryin9 amount of assets and liabiliti8s that are not readily apparent from other sources. The esb'mates and associated assumptions are based on historical experienca and othor factors that are consideied lo be relevant. Actual results may differ from these eslimales. Thg 88tim&tO8 and underlying a88umption8 ar8 ravlewad on an ongoing b8818. Revision$ lo accounting o$Umotg$ are recognis9d In Ihg Pgriod in ￿1¢h the 9sb.malg 1$ rovl$gd wherg thg rgvision affects only thal period, or In the period of the revision and futurn pwiods where the revision affgcls both current and future period8. In¢om• from don•tlon• and l•qael•• Unr••trl¢t•d R••trl¢t•d funds funds 2025 2025 Total Vnr••trl¢t•d R••trl¢t•d lund8 fund• 2024 2024 Tolal 2025 2024 Donalions and glfts Grnnlg 122,381 122,381 29S,7SS 97.180 97.180 354.117 295.755 354,117 122,381 295.755 418.136 97.180 354.117 451.297 Gr•nt8 Housing Relalod Support Wavertey 8C IBedsp8cel Woking Borough Counryl A88ertivo Outffjach worker Tonancy Sustslnmenl 140,130 38,625 140,130 38,625 133,077 50,0 43,2SYI 133,077 50,000 43.290 40,000 40,( 10,5 10.500 77,000 77,C 117,250 117,250 295,755 29S,755 354,117 354.117 26 Notes to the Financial Statements York Road Project De¥eo41iy H¢%Melesshess Toyeèkey NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Incom• from ch*rftabl• *ctlvhl•• Unr•strlct•d R••trlct•d fund• fund# 2025 2025 Total Unr••trlct•d R•8trlct•d funds funds 2024 2024 Total 2025 2024 Charltsblt athlU•• Olhor income 353,054 30,000 383,054 387,810 387,810 Incom• from oth•r tradlng actlvlth• R••trl¢t•d lund8 2025 R￿trIct•d fundj 2024 FundraSslng events 5,820 Incom• from Inv••tm•nts UnT•$trlct•d Unr•itrlcted fund• fund• 2025 2024 Olhor Incomè 25.308 14,S89 Exp•ndltur• on ral•lng fund• Unr••trl¢tod Unrn•trlcted fundB funds 2025 2024 Fundr•l$lng and publl¢lty Olher fundraising costs Staff o)8ts 9.243 31,440 8,613 40.683 8,613 27 York Road Project Notes to the Financial Statements De¥eAtriM8 H*)w£lesThess T¥efrkeY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Eyndltur• on ¢h•rltsbl• •¢tlvltl•s Sh•lt•r Ro•ourc• Flats and CentrB house• Admln T•nancy Coachlng Sustainment Offic•r 2025 T¢)tal 2025 2025 2025 2025 2025 2025 Dlrort costs Staff costs D8preciab"on arKJ impairment Propety maintonarb¢e & utilities Rental & lease costs AdminiStrat￿n Travel. tr￿ring & recruitment Insurance Fc#)d & krtchen costs Client aclivib.e51train1n￿aW8rd$Itrave1IWel[ar? Agency project stsff 153.092 42.642 10.820 11.965 13.413 49.1 36.792 295.095 10,820 107.015 62.371 55,198 12.897 9,229 6.180 4,254 132,474 37.159 56,002 62,371 4,995 1.291 598 6.823 2.132 1.250 20.1ff2 2,818 2.030 67 4.792 1.343 4.570 1.570 132,474 6.314 743 255 1206 105 1.320 77,705 143.891 74,807 42,410 1,320 695,533 Sharn of #upport and govmnc• ¢￿ts {M• n¢¥t• 91 Govemance 1.075 336 202 134 3,353 356,475 78,041 144,093 76,413 42,544 1,320 698,886 Analy•l• by fund Unrestricted fvn¢Js- general Restricted 159.653 196.822 118.607 25.486 75.746 667 354,006 1.320 344.880 78.041 42.544 356.475 78.041 144.093 76.413 42.544 1.320 698.886 Notes to the Financial Statements York Road Project DeQea¥iy H¢)¥*lesThess To8eèker NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Ewndlturn ¢)n ¢haTltsbh actlvltl•$ (Conllnuod) Prnvlous year. Sheller Re￿r¢• Flats and C•ntrn hou•oS Admln Outreach T•nancy Su*t*inment Offlcer 2024 Total 2024 2024 2024 2024 2024 2024 Dlrect costs Staff wsts Depreciation and impaimient Propoty maintenance & utilities Rental & ￿ase costs Administrat Travel. training & recruitmont Insurance Food & kitchen costs Cllent acl1vitiesltrainir￿8wardsltrave1hweffare Agency project staff 141.136 21.798 24,436 47.778 74.498 337.989 796 145.456 59.992 61.350 14,274 11.224 5.234 1.246 129,492 58.372 63.997 59.992 7,894 25 632 2C 322 1.450 512 585 16.208 2.726 10,724 2,123 7.607 158 147 20,346 6.995 2.595 3.583 1,757 421 413 4.870 712 129,492 353.999 70.438 1S4.8 S4.895 51.946 80.915 767.053 Share of support and gov•manu ¢o•ts not• 9 797 199 797 20 1(Kl 1.993 70.637 154.940 55.692 51.966 81.015 769.046 Anatysls by fund Unreslricled funds- general R88tricted funds 99.184 255,612 27.347 88.402 66,538 269.889 499.157 51.966 81.015 354.796 70.637 154.940 55.692 51.966 81.015 769.046 York Road Project Notes to the Financial Statements Pe¥eA¥i*J HoMeless*ess To8eèkeY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support ¢o•l• •ll￿•t•d to •¢tlvlti 2025 2024 Govemance cosls 3,353 1,993 Analy••d b•twMn: Shelter Resource Centro Flats and house¥ Admin Outreach Tenancy Sustalnmenl Offi￿r 1,075 336 202 1,606 797 80 797 20 100 134 3,353 1,993 2025 1024 Gov•rn•nc• co•t• comprlm: Indopendenl examinatlon feo 3,353 1,993 3,353 1,993 10 N•t mov•m•nt In fuDd• 2025 2024 The nel movement In fund818 8tated after ChargIn￿(CredItIng}. FeDs payable for Ihg Sndepgndenl oxamlnauon of tho charitys financial st8tements Depwialion of ¢)wnod tsngiblo fixed assets 3,353 10,820 1,993 11 Tru•ts•• None of the trustses (or any persons connected I￿1h Iheml recelved any rèmuneration or bènefits from th8 tharity during the year. 12 Employe•• The average monthly nurnbor of gmpby99s during the year wa$.. 2025 Numb•r 2024 Numbor 11 12 30 Notes to the Financial Statements York Road Project De¥eo41iy H¢%Melesshess Toyeèkey NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Employw• Icontlnu•d} Employm•nt ¢o•ts 2025 2024 Wages and ￿larIeS Social securtty costs Other pen8ion c0818 297,611 23,171 5,753 309.357 22,514 6,118 326,535 337,989 The￿ w•r8 no employe88 whosè annual mmumration w88 mor• than £60.000. R•mun•rntSon of k•y manag•m•nt p•rnonTh•l Th8 mmunoratlon ol key management pernonnel w88 88 follow8: 2025 2024 Aggregate compon8allon 139,292 156.935 13 Taxatlon Th8 charfty Is èxempt from taxallon on It8 advltl88 bec8U8e all118 IrKom818 applled lor charftable purp0888. 14 Tanglble flx•d ••••ts Flxtur•• 4nd ttJng• Computsr• T￿• Co•t Al 1 April 2024 AdditKJn8 24.291 7,698 1.032 25.323 7,698 Al 31 March 2025 31.989 1.032 33.021 D•prnelatlon and lmpalrn￿nt Al 1 April 2024 Depreci8tlon charged In the year 796 10,820 10,584 236 Al 31 M8r¢h 2025 10,584 1,032 11.616 Carrylng amount Al 31 March 202S 21,405 21,40S Al 31 March 2024 24.291 236 24.527 31 York Road Project Notes to the Financial Statements Pe¥eA¥i*J HoMeless*ess To8eèkeY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2025 15 D•btor• 2025 2024 Am¢)unts falllng du• wlthln on• y•ar: Trade debtors Pr8paym8nts and a¢¢n￿d Income 38,625 45,998 41,885 41.885 84,623 16 Cr•dltorn: amount• falllng du• wlthln on• y••r 1015 1014 Not•• Other taxation and soc181 seGurity Deferred In￿me Trade ¢rgdilors Other credrtors Accruals 6.656 28,952 29.840 1.709 1,145 1,840 48,614 50,893 1,569 34,659 17 68,302 137,595 17 D•f•frnd In¢om• 2025 2024 Other deferred Incom& 28.￿2 48,614 Deferred Ineomè18 induded In thè fin8nd81 stat8mntS a8 follow8: 2025 2024 Deferred Income L8 indud8d I￿1h1n.. Cufrenl liabilit 28,952 48,614 Defe￿ed Income al 1 April 2024 Releas6d from previous peri(xJs Resources deferred In the year 48.614 148,6141 28.952 104,126 1104,1261 48,614 Defgffgd Income at 31 2025 28.952 48.614 32 Notes to the Financial Statements York Road Project De¥eo41iy H¢%Melesshess Toyeèkey NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 R•tlrnm•nt b•nofit 8ch•m•• 2025 2024 D•fln•d contrlbutbon 8ch•m Charge to proftl or loss In rospgct of defined conlrfjbul￿ schemes 5,753 6.118 The charity oper8le8 a t1efined ￿ntributiOn pen8ion 8chem8 for all qualifying employe88. Tho a880ts of the schem& are hold separately from those of the chadty in an Independenlly admlnlslergd fund. 19 R••trfct•d fund• The reslficted fund8 of the charlty comprise the unexpend8d balances of donatlon8 and grants held on tru8t 8ubiticl to Specif￿ conditions by donors 88 to how they may bè u8ad. At 1 Aprll 2024 Incomlng r•Bourc•• R••ourc•• At 31 March •xp•nd•d 2025 T8n#nty Sustslnm8nl Worker Indlgo Conlr8Ct Outreach Rough Slee￿r Navlgator W8vedey BC (Bedspacel SCC- HRS National Lottory Co-op B&a Garfield W08ton Coachlng ABda 52.825 8,657 70.902 16.177 77.000 186,098) 43.727 8,657 66.695 16.177 40.000 144,207) 38,625 140.130 3.332 500 10.000 20.000 1,320 668 138,625) (140.130) {3,332) 1500} 110,000) 120,000} {1,320) 1668) 148,581 331,575 (344,880) 135,256 33 York Road Project Notes to the Financial Statements Pe¥eA¥i*J HoMeless*ess To8eèkeY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2025 19 RMtrl¢t•d fund• {Contlnu•d) Pr•vlou• y•ar: At 1 Aprfl 2023 Incomlng r•Bourc•# R￿oUr¢•• At 31 March •xp•nd•d 2024 HG Wells Tenancy Su$lalnmenl Worter Indigo Contract Oulrgach Rough S18ep8r Navigator Clolhworkers Assgrtlvg Outroach Waverf8y 8C (Bedspacel Woking BC Communlty Grant SCC- HRS 102,381 53.282 8.6S7 70.902 16.177 736 41.406 1102,3811 (117.7071 117.250 52,825 8,657 TO,￿2 16.177 17361 151.9661 Iso.0001 143.2901 1133.0771 10.5¢)0 50,000 43.290 133.077 293.601 354.117 1499.1571 148,561 20 Unr••trlct•d fund•- d••lgn•t•d These arg unre8trlcie(I funds whlch aro mo18rf01 lo the ch8rtV8 acllvltle$. Al 1 Aprfl 2024 Trnn•f•rn Al 31 March 2025 Buildlng fund 400. 400,000 21 Unrn•trlctsd funds The unrestricted funds of the charity comprise the unexp8nded balanceB of donations and grants which arn rbot subject lo specrfic condition5 by donor5 and grantorn a5 to how they may be used. Th8se include d85ignaled funds which have been sel aside out of unrestricted funds by the trustees for specrfic purposrt. At 1 Aprll 2024 Incomlng r•8ourc•s R•sourc•• •xp•nd•d Tr•n8fors Al 31 March 2025 General funds 570,724 s￿,743 1394.6891 {400.(th1 276.778 Prnvlou8 Y￿r. At 1 Aprll 2023 Incomlng Resour￿8 oxp•nded Trnn•hrn Al 31 March 2024 General funds 349.647 499.579 1278.5021 570.724 34 Notes to the Financial Statements York Road Project De¥eo41iy H¢%Melesshess Toyeèkey NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 22 Anal￿1* of n•t as••ts b•lw••n lund• Unr••trlct•d Unr••trlct•d fund• fund* g•n•ral d••lgnat•d 2025 2025 R••trfct•d fund* Tot•1 2025 2025 At 31 March 2025: Tangible assets Currnnl asselgllllabllillesl 10.585 266.193 10,820 124,436 21,405 79).629 4￿.000 276.778 4￿,000 135,256 812.034 22 AnalyBl• of n•t a•••ts b•tw••n fund• {Contlnu•d) Unr••trlct•d Unr••trlct•d fund• fund• g•norn1 d•slgnat•d 2024 2024 R••trfct•d lund• Total 2024 2024 At 31 mO￿h 2024: Tangible assets Current asselsllllablll1￿6I 23.731 546,993 24,527 694,758 147,765 570.724 148,561 719.285 23 Op•r4tlng l•a•• commltm•nt• L•88•• Al tho reporting end date the tharhy had out8tsnding o)mmitments for future mlnlmum18as8 payments under non Thank You!
**----- End of picture text -----**
## **Thank you to everyone who has supported us this year, including:** Garfield Weston Foundation Community Foundation for Surrey National Lottery Community Fund The Tobit Trust Byfleet United Charity Woking Lions Club Churchill Contractors Yak Beard Ltd Fitco Ashen Ventures Martin & Rachel Ellis The Chaplin Foundation Mary Tobin Police & Crime Commissioner for Surrey Woking United Reformed Church St Hugh of Lincoln Church Our Lady Help of Christians, West Byfleet All Saints Church, Woodham Emmanuel, Mayford Christ Church Woking St John’s Church St Mary’s Church Parish of Wisley with Pyrford Empty Bowls Woking Ridge and Partners Costco Asda Coop Local Community Fund Woking High School Fullbrook School 1st Old Woking Scouts Mothers’ Union, Guildford Woking Bridge Club **37**