Dwelling THE DWELLING PLACE A Charitable Incorporated Organisation Annual Report & Accounts for the year ended 37 March 2023
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For Ihe year ended 31 March 2023 Cothnts Page INDEX Generol Information Report of the Trustees Independent Examiner's Rep1 Slatement of Finanool Activities Bakjnce Sheet 9-1 l Notes to the Accounts
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2023 Trustees Andrew TcrylcK Andrew Maher5 Kothleen Over Lorroine Anstey David Hubbord lappointed 51h October 20221 Prlnclpal Office The Sarum Hil Centre. Sorum Hill, Basingstoke RG218SR 3anke BOrey5 Bank Independent Examlner Brewer5 Chartered Accountonts Boume Hovse Queen Street Gomshall Surrey GU5 9LY Charfty Registered No 1164606 Page I
THE DWELUNG PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For Ihe year ended 31 March 2023 REPORT OF THE TRUSTEES AND GENERAL INFORMATION Prlnclpol Actmly The Dwelling Ploce 0vide5 suprthed housing formefty homeless men. Govemlng In51ruments The Charity is estobf15hed os a Charitable IncorrKKoled Orgonisation ICIOI and its octivities ore regulated by ils constitution. The objects of the CK) ore. for the public benefit. to provide supported hov%ng accomrrK)dotion wilh enhonced housing manogemenl setmces. in der lo: Promote sociol inclusion by rAeventing in porlicuFar Ibul not exclugvelyl the formerly homeless or Vulnerab housed including. ex-offenders. those effected by illegal substance and alcohd oddictions and people effected by pocy mental health, from ng sociolty excluded. Relieve the needs of the fc¥mety homeless ond vulnerably housed who, as a result of homelessness. are suffering the effects of unemployrrEnt. financiol hordship, ill heotth and disobility. os%sting Ihem to integrale into society. liwng wilh dignity and purpose, through engoging w7th a care and svppcyt plan oimed ot wslainable independent VIng and enhanang empk)yaLylity. Trustees The obove named have swed during the year. The Trustees are kept infonned of the activities and perfonnonce of the charitoble (xganisotion and provided with regular management infoTmotion. The composition of the board is kept under review and odditionol appoinlments will be made should Ihe need orise. All trustees are made awoie of their reSponbItieS. The Truslees met at le( quartety. quorale on eoch occo&on. on the following dates: 281h A1 2022 23d August 2022 1st December 2022 151 FetKuary 2023 151h March 2023 Page 2
THE DWELUNG PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2023 Boawd of Trusleej David Hubbard jiined the bocxd of trustee5 during this finonciol yeor. He has plenty of experience wth helping the honEless inclv(ting manoging a venue f(x o locol winter nighl shelter. Management Team We do not currentty have a monogemenl teom. Day to doy affairs ore overseen by the project leod. rep(yling lo the board of Tnjstees os necessary. Resldents A challenging year wilh rockeling price rises especialty with energy coslsl These increases have seen a slight loss in funds and so it wos decided Ihat allhough we have not increased ovr rent since we opened several yeors ogo. now was the lime lo rectify this. An evaluation of costs ond on appcall0 lo Basingstoke ond Deon Borough Council saw o 35% rental increase agreed by them from 1st January 2023. This will hove a posilive impacl on our funds for 2023124. Occupancy for our accounting yeor hos ticked along at around 80% howeverjvst bef(Ne the close of this yeaT'S accounts we are now ot l (KJ% occupancy. We are delighted to hove suppcwted another move on for o residenl inlo his own aparlment. Added help with furniture ond essentials h05 meanl thol he is delighted wilh the new yoperty. and is doing very well. Emphasis wll be ptaced on introducing some new actiwties for residents this year as we build our little community and help our residents move on to independent living. Page 3
THE DWELUNG PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 Morch 2023 Hnonclal Revlew During the year the chority has reCved donations and other income amounting to £41.LMJ7 and has incurred expendilure of £42.175. Reserves The Trustees seek lo hold adequate reswes lo meet three rrK)nlhs operating costs equivalent to atxjut £20.(KM). Reserves at 31st March 2023 lot01d. £30.602. Rlsk Monagement The Trustees have rewewed the maj(y risks to which the chority is exposed and have taken steps to mitigate the polential impoct of these. Publlc Bene The Trustees have considered Ihe guidonce provided by the Charity Commission regarding public benefit and the work of the charity. This report was apyoved by the Tnjstees onl3 .¥2!J3 and signed on Iheir beholf by: Trvslee Page 4
THE DWELUNG PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For Ihe year ended 31 March 2023 Independenl Examlner's Report lo Ihe Tee$ ol The Dwellng Place I report to Ihe Irustees (who are also Directr$ fcK the puipose of company lawl on my exominolion of the finonciol 5tatement5 of The Dwelling Place I'the choritable company'l for the yeor ended 31 March 2023 which comprise the Stalement of finoncial Aclivilie5. the Balance Sheet ond related notes. This report is made solety to the charity's tTUStees. as a body. in accordonce wilh section 145 of Ihe Chaiities Act 2011. My wk has bn undertoken so that I might slote lo Ihe charity'5 ITUStees those molters l am required to slote lo them in this reporl and for no other purpose. To Ihe fullesl extent perrrwtled by low. I do not accept LY assume responsibility to anyone other than the chaftty ond the charity's trustees as a body. for my work. for this report. or for Ihe opinions I have fcKmed. Respon$lblllNw and basls of reporf A5 the tnJstees of the charitable compony you ore resrx)n%ble f(J the rKewration of the finoncial statements in occordance with the requirerrEnts of the Companies Act 2006 I'lhe 2CKJ6 Act'i. Hoving solisfied my5elF that Ihe finonaol 5talemenls of the charitable compony are nol required lo be audited under Part 16 of the Acl and ore eligible for independent exominalion. I report in respect of my examination of Ihe charilable company's ffnoncial statements corriecl out under section 145 of the Chorities Acl 2011 I'the 2011 Acl'l and in corrying out my examinotion I have Idlowed all the appficoble Directions given by the Chority Commission under section 14515llbl of the 2011 Act. An independenl examination does not involve gathering all the evidence thal would be required in an audit and consequenlly does not cover all the matter5 thot on oudilor considers in giving Iheir opinion on the financial stotemenls. The planning and conduct of on audil goes beyond the limited assurance thot on independent exomination con provide. Consequently. l express no opinion os lowhether the finoncial Statements presenl a 'true and far, view and my repcrt is fited to those specific motter5 set out in the independent examiner's stotement. Poge 5
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For Ihe year ended 31 March 2023 I have completed my examination. I confirm Ihat no moteriol matters have come lo my attenlion in conneclion with the examination gimng me couse to befieve that in any material respect: accounting rec(d$ were not kept in respecl of the charitable company as required by section 130 of the Chorities Acl." CK the financial stolements do nol acccxd with ttiose records: (x
the ffnanciol slatements do not comply with the accounting requirements set out in the Charities Regulalions XK)8 Acl other Ihan any requiremenl that the finoncial statemen15 give o 'true and fair view which is not a matter considered as port of an independent exominotion." the financial slolemenls have not been rxepored in occordance wth the methods ond princip5 of the Slatement of Recommended Practice for accounting and reporting by charitie5 applicoble to charities preparing their occounts in accordance wilh the Financial ReFMJling Standard opplicable in the UK and Republic of treland IFRS 1021. I have no concems and have come across no other matters in conneclion with the exominalion lo which ollenlion should be drn in Ihis report in order to enable o proper under51anding of the finonciol slotements lo be reached. Andrew Skilton. ACA 8rewer5 Bourne House Queen Street sueY GU5 9LY Poge 6
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2023 stalemerrt of financial ActlvFlle$ the year ended 31 March 2023 Note 2023 2023 Unreslricted Reslricfed Fund5 Funds 2022 Total lotal INCOME AND ENDOWMENTS From: Donations Charilable Aclivithes Interest Received Total 2.195 38.775 37 41.lJ)7 2.195 3.788 38.775 31,370 37 41.(K)7 35.161 EXPENDITURE on: Chorilable actimties Total 42.175 42.175 42,175 42.175 41.512 41,512 Net {Deficll)/lncome Total Funds o131sl March 2022 11.1681 31.770 11.1681 31.770 16,3511 38.121 Tolal Fvnds Corrfed Fornard al 31 March 2023 30.602 30,602 31.770 Page 7
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For Ihe year ended 31 March 2023 BALANCE SHEEr AS AT 31 AIARCN 2023 Note 2023 2022 CURRENT ASSErs Debl(Ns Cash ot Bank 534 31.836 32.370 30.068 30.602 CURRENT LIABIIITIES Liabilities fairing due within one yeor Nel Currenl Assets NET ASSETS ).602 30.602 31,770 31.770 FUND BALANCES Unrestricted funds General Funds Reslricled Funds 30.602 31.770 ).602 31,770 Approved by the Trustees and signed on th&r behaff . by". o(i£trJ Trustee Poge 8
THE DWELLING PLACE ANNUAL REPORT AND flNANCIAL STATEMENTS For the year ended 31 March 2023 Notes to Ihe Accounts For year ended 31 March 2023 Accounllng PoHcles Basis of re rin ncial statements The financial statemen15 of the charilable compony. which is a public benefit enlity under FRS 102. hove been pret)ared in accordance with the Charities SORP IFRS 1021 'Accounthng and Reporting by charilies= Slatemenl of Recommended Practice appficable to chorities preparing their accounts in accordance wth the Finoncial Rewling Standord applicoble in the UK and RepUbr of Ireland IFRS 1021 leffecttve l Jonuary 201 Sl, Financial Reporting standard 102 The Finonciol Repoxting Standard applicoble in Ihe UK and Repubfic of keland. and the Companies Act 2(X)6. The finanoal.. 5tatemenls have been prepored under the histcyical cost convention. nd Gran15 income: Donated income ond gfants receivable are token inlo account when received by Ihe charity. Income received in circvmstances where a claim for repayment of tox hos been or will be made to HM Revenue & Customs is grossed up fcx Ihe tox recoveroble. Ar)y amount of tax reclaimed from HM revenue & Customs bul not yet rec&ved15 shown within the chority'5 debtors. bl her income and nditure: Investment income 15 taken into account when receivable and expenditure, including irrecoverable VAT. when incurred by the chorify. regardless of when payment is made. Grants payable ore token into account ol the earfier of when they afe potd become cOnStntive obligotion5. Unrestricled funds are donation5 ond other income received or generoled for the objecls of the chority without specified puq)05e and are available for purposes os directed by the trustees. Reslricted funds ore amounts received where Ihe donor hos spectfied the purpose which il shoukl be used. dl nthn Unrestricted funds can be used in accordance wilh Ihe charilable objectives at the discretion ot the trustees. Reslricted fvnds can only be used F)Orticulady restricted purposes within the objects of Ihe charity. Reslriclbons arise when specified by the donor (x when fvnds are roised for porlicular resfricted purposes. Poge 9
THE DWELUNG PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2023 2023 Unrestricted Fvnds 2023 Restrtcted Funds 2023 2022 Tolal Tolal 2 Voluntary Income Gronts General donotions tox Recoverable 2.195 2.195 3,788 1.320 2.195 2,195 6,108 Inc¢yne Ir<xn Chaiilable Actmlles BDBC NoUng Benefit SeNice payments from residents other income 29.708 8.859 245 29.708 21.445 8.859 7,315 245 290 38,812 38.812 29.050 4 Cost of Charfloble Acllvllles a Dlrect chIlIable Costs Leasing Costs utilities and house Maintenonce Slaff and Training Costs other Administrotive Costs Counselling 19.935 19.935 19.935 12.918 12.918 15.533 5.984 461 5.984 461 4.043 415 415 589 39.713 38.642 39.713 b Support & AdmlnlslTaHon Insuronce Independent Examinat)n other Adminislrative Costs 1.458 720 692 780 382 382 2.462 42.175 2.462 2.870 42,175 41,512 Total staff & Tnjstees The cosl ol empk)ying sloff in Ihe yecy Salary Costs 5,984 5.984 4,043 4,043 Power to pay remuneration lo Iruslees is included in the chority's constitution. One trustee. L Anstey. is wid by the charity. No remunerotion or expense5 were poid to ony olher trustee during the yeor nor to any person connected lo Ihem. Page 10
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2023 2023 2022 Unrestiicted Funds Restricted Funds Total Total Deblors ond Prepayments Trode Debtors Tax Recoverable 234 234 300 234 31x1 534 534 Cash at Bank arKI Hond Bank Accounts 30,068 30.068 31.836 30.068 31.836 Ciedltows: IlablllHes folllng due wllhln one year Creditc¥s 600 Accruots 600 Pagell