Dwellin"g THE DWELLING PLACE A Charitable Incorpcffated OrganisatDn Annual Report & Accounts for the year ended 31 March 2025
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2025 Conlents Page INDEX General Infcxmation ReDOrt of the Trustees Independenl Examiner's Rewt Slalement of nancIal Activilies Bolance Sheet 9-1 l Notes lo the Accovnts
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS Foi the year ended 31 March 2025 Twstees Andrew Taylor Andrew Mahers Kathleen Oliver Lorraine Anstey David Hubbard Prfnclpal omce The Sarvm Hill Centre, Sawm Hill. Basingsloke RG218SR Bankers Barclays Bank Independenl Examln Brewers Chortered Accountonts Unit 3 Birtley Courtyard Bromley Suffey GU5 OLA Charlty Reglslered No 1164606 Poge I
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For Ihe year ended 31 March 2025 REPORT OF THE TRUSTEES AND GENERAL INFORMATION Prlnclpal Actfvity The Dwelling Place provides supported housing for formerty homeless men. Govemlng Instruments The Chorily is estoblished as o Charilable Incorporated Organisalion ICIOI and it5 activities are regulated by ils constitulion. The objects of Ihe CIO are, for the public benefit, to provide supported housing accommodolion wlh enhanced housing management services, in order lo: Promole social inclusion by preventing in particular Ibul nol exclusivelyl the formerly homeles5 or vulnerably hovsed inclvding, ex-offenders, Ihose aflecled by illegal substance and alcohol oddictions and people effected by poor mental health. from being socially excluded. Relieve the needs of the forMeV homeless ond vvlnerably housed who, os o result of homelessness. are suffering the effects of unemploymenl, financial hardship, ill heallh and disabilily, assisting them lo integrate inlo society, living with dignily and purpose. through engaging wilh o core ond support plan aimed al suslainoble independenl living and enhancing employability. TrUee5 The above named have served during the year. Th8 Trustees are kept informed of the oclivities and performance of the choriloble organisolion and provided wilh regular management information. The composition of the boord is kept under review and addilional appointmenls will be made should the need arise. All trustees are made aware of their responsibilities. The Trv5tees met at least quarterfy, qucrate on each occasion. on the following doles: 81h April 2024 191h September 2024 51h December 2024 131h March 2025 Board of Trvslees There were no changes lo the boord of trustees this year. Page 2
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For Ihe year ended 31 March 2025 Management Team This year our project lead who has served us diligently, and often beyond the call of duty decided it was time to move on. The Trustees ore extremely grolefvl for her hard work and commitment over a number of years including during Ihe pandemic, which made the job extremely difficull. Afler o p10d of Iransition, we now have a new and experienced project lead who we ore confidenl will toke the project f<xward. Resldents We have hod approximolely 80% occuponcy throughout this financial year, wilh some new residents joining us and some moving on. This year we decided that it was time Ihat Ihe house was redecorated, so all the communal areas were pointed lo a really good standard. This is on investment that we Irusl will lost for some time. Flnanclal Revlew During the year the charity has received donations and other income omounting lo £45,488 and has incurred expenditure of £48.167. Reserves The Trustees seek lo hold odeqvate reserves to meel three months operoling costs equivalent lo obout £20.(yX). Resetves at 31 sl March 2025 lolalled: £36,443 Rlsk Monagement The Trusteès have reviewed the mojor risks to which the charily is exposed and hove taken 5tep5 to mitigate the potential impacl of Ihese. Pvbllc Benefik The Trustees have considered the guidance provided by the Charity Commission regarding public benefit and *he work of the charily. This repcrt was approved by the Truslees on I6..(W4t... ond signed on their behalf by: Trustee y%)q k4EIU Pagé 3
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2025 Independent Examlner's Report to the Tnjstees of The Dwelllng Place I reporl lo the Iruslees Iwho are also Direclors for the purpose of company I} on my examination of the finonciol slotements ofThe Dwelling Ploce I'the chorilable company'l for the year ended 31 March 2025 which comprise the Slalemenl of Financial Activities, Ihe Balance Sheet and related noles. This report is made solely to the chorily's trustees, as a body. in accordance wilh 5eclion 145 of the Charitie5 Act 2011. My work h05 been undertaken so that I might state to the charity's trustees those motleTS l om required lo stole to them in this report and for no other purpose. To the fullest extenl permitted by law. I do not accepl or assume responsibility lo anyone other than the charity ond the charity's Iruslees as o body. for my work, for this report. or for the opinions I have formed. Responslbllltles and bash ol report As the tTUStees of the charilable company you are responsible for the preparation of the financial slalements in accordance wth the requirements of the Companies Act 26 I'lhe 2006 Act'i. Having salisfied myself Ihal the financial slalements of the charilable compony are not required lo be audiled under Part 16 of Ihe Act and are eligible for independenl examination. I report in respect of my exominalion of the chariloble compony's financial slotemenls carried out under seclion 145 of the Charities Act 2011 I'lhe 2011 Acl'l and in carrying out my examination I have followed all Ihe opplicable Directions given by Ihe Charity Commission under section 145151 Ibl of the 2011 Act. An independènt exominolion does not involve galhering all the evidence that would be required in an audit and consequently does not cover all the matlers that an audilor considers in giving their opiniorn on the finonciol statements. The planning and conducl of an audit goes beyond the limited ossurance thot an independenl examination can provide. Consequently. l express no opinion as to whether the financial slalements present 'Irue and fair, view and my report is limited lo those specific motlers sel out in the independent examiner's sto*emenl. Poge 4
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2025 I have completed my examination. I confirm that no material matters have come to my oltention in connection with the examination giving me covse to believe thol in ony material respect: occounting records were nol kept in respect of the choritable compony os required by seclion 130 of the Charilies Act: or the financial slatemenls do not accord with those records; or
p the financial stalemenls do not comply with the accounling requirements set ovl in the Charilies Regulalions 2(MJ8 Act other than ony requiremenl thal the financial slalements give a 'lTue and fair view which is not o matter considered 05 Part of an independent examination., or the financial statemenls have nol been prepared in accordance with the methods and principle5 of the Slatement of Recommended Practice for accounting and reporting by chorities opplicoble to chorities preparing their occovnts in accordance with the Financial Reporting Slandard opplicoble in the UK and Republic of Ireland IFRS 1021. I hove no concerns ond hove come ocross no other mollers in connection with the examinalion lo which attention should be drawn in this reporl in order lo enable a 0per understanding of the financial statements lo be reached. Andrew Skilton, ACA Brewers Unil 3 Birtley Courtyard Bramley GU5 OLA Poge 5
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For Ihe year ended 31 March 2025 stotemenl of Flnonclal A¢ttvAles lor the year ended 31 March 2025 Note 2025 2025 Unrestricted Restricted Funds Fund5 2025 2024 Total Tolal INCOME AND ENDOWMENTS From: Donations Charilable Activities Interest Received Total 2,729 42,318 441 45,488 2,729 7,124 42,318 52.366 441 362 45,488 59,852 EXPENDITURE on: Charltable activities Tolal 48,167 48,167 48.167 48,167 51.332 51,332 Nel (DeficlP)/lncome Total Funds at 31st Morch 2024 12.6791 39.122 12.6791 39,122 8,520 30,602 Total Funds Carrled FoTh¥ard al 31 st March 2025 36,443 36.443 39,122 Page 6
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2025 BALANCE SHEEr AS AT 31 MARCH 2025 Note 2025 2024 CURRENT ASSETS Deblors Cash ot Bank 940 35,503 35,503 734 39,122 CURRENT LIABILITIES Liabilities falling due wilhin one year Nel CutTent Assets NET ASSETS 36.443 36.443 39.122 39.122 FUND BALANCES Unrestricled funds General Fvnds Reslricted Funds 36,443 39.122 36,443 39,122 Approved by the Trustees and signed on their behalf Kt4p¢-L rfi IIE@S Trustee Poge 7
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2025 Notes lo ttbe Accounls year ended 31 March 2025 Accountlng Pollcles Basis of re ann I tateme The financial slolements of the choritoble company. which is a public beneflt entity under FRS 102, have been prepared in occordance wilh the Charilies SORP IFRS 1021 'Accounting and Reporting by charities.. Stotement of Recommended Practice opplicoble lo charities preparing their occounls in occordance with the Financial Reporting Standard applicabl& in Ihe UK and Republic of Ireland IFRS 1021 (effective l January 20151, Financial Reporting standard 102 The Financial Reporting Slandord applicoble in the UK and Republic of Ireland, and the Companies Act 2CK)6. The financial- slalements have been prepared under the histLcal c05t convention. teda ranls income: Donated income ond grants Teceivoble ore taken into occovnt when received by the charily. Income received in circumstances where o claim for repayment of lax hos been or wll be made to HM Revenue & Customs is grossed up for Ihe tax recoverable. Any amount of tax reclaimed from HM revenue & Cusloms but not yel received Is shown wsthin the charity's deblors. bl Other income ndex ndil Investment income is taken into account when receivable and expendilure. including irrecoverable V AT, when incurred by the charity, regardless of when payment is made. Grants payobleare taken into occountal Ihe earlier ofwhen they ore paid or become constructive obligations. Unrestricted funds ore donotions and other income received or generated for the objects of Ihe charily withoul specified purpose and are available for purp05e5 a5 directed by Ihe Iruslee5. Reslricled funds ore amounls received where the donor h05 specified the pvrpose for which il should be used. dl Fund Accounlin Unrestricted funds can be used in accordance wilh Ihe charitable objeclives ol the discretion of the trustees. Restricted funds con only be used for porticularly reslricted purposes within the objects of the charity. Restrictions orise when specified by the donor or when fund5 are roised for porticulof restricled purposes. Page 8
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS Foi the year ended 31 March 2025 2025 Unrestricled Funds 202S Restricted Funds 2025 2024 Totol Totol 2 Volunlary Income Gronts General donations lax Recoverable 3.586 3,374 163 3.586 3,374 163 2,594 135 2.729 7.124 7,124 Income Irom Charltable Actlvllles BDBC Housing Benefit Service payments from residènts Olher income 33,458 8.860 42,704 42,704 9,662 9,662 42.318 52,366 52,366 4 Cost of Charllable Actlvltles a Dtrecl Charllable Costs Le05ing Cosls utilities ond house Mainlenance staff ond Training Cosls other Adminislrotive Costs Counselling 22,976 22.976 21.962 14.596 14.596 20.019 6,731 655 510 6,731 3.860 1.296 1.255 510 45,468 45,468 48,392 b Support & Admlnlslfollon Insvronce Independent Examination other Administrative Costs 721 870 1.108 721 870 1.108 620 931 1,389 2,699 2.699 2.940 Total 48.167 48,167 51,332 Slaff & Trustees The cosl of employing staff in Ihe year Solory Costs 6,731 6.731 3,860 3,860 Power to pay remunerotion to Iruslees is included in the charity's conslilution. One trustee. L Anstey. is paid by the charity. No remuneralion or expenses were paid to any other trustee during the year nor lo any person connected lo them. Poge 9
THE DWELLING PLACE ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2025 2025 Unreslricted Funds 2025 Reslricled Funds 2025 2024 Total Total Debtors and Prepaymenls other Debtors 940 940 434 Tax Recoverable 940 734 Cash al Bank and In Hond Bank Accounts 35.503 35,503 38,388 35.503 35,503 38.388 Credllon: Ilabllllles falllng due wllhln one year Creditors Poge 10