NEW WAY Project Registered Charitable Incorporated Organisation Report and Accountsfor the 12 months ended 31st March 2024
CONTENTS: Legal and Administrative Information Trustees Annual Report Independent Examiners Report Statement of Financial Activitles Ilncorporating Income and Expenditure statement) Balance Sheet Note5 to the accounts Page 2 Page3-8 Page 9 Page 10 Page 11 Page 12-15 LEGALAND ADMINISTRATIVE INFORMATION Trustees Mr Matthew Porter Reverend Oave Che5ney Mr Anthony 8angura MrJonnyAdams MrTimothy WoDd Miss Agnieszka Pogorzelska Correspondence Addre55 NEWway Project clo Bonny Downs Baptisl Church 18 Darwell C105e East Ham, London E6 6BT Independent Examiner Brian Dexter ACMA 172 Sandford Road East Ham, London E6 3PX Legal Status NEWway was set up in 2013. It was registered as NEWway Project with the Charity Commission on 9th March 2016 as a Charitable Incorporated Organisation with Registration Number 1165966. The Accounts The Accounts have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the Charities Act 2011 and the SORP IFRS1021 "Accounting and Reporting by Charities issued ir) March 2015. Public Benefit Statement The charity twstees, in accordance with section 4 of the Charities Act 2006, have given due regard to the public benefit guidance published by the Charity Commission, and confirm that the chartty operates for the public good as demonstrated by the report on the following pages of our activities and achievements during the year.
NEWway Project ort for the ear ended 31st March 2024 Trustees, annual re OUR LIFE & STOR Origins The NEWway Project was set up in 2013 as a winter night shelter to support the rising number of homeless people in London Borough of Newham. In 2018, we developed year-round advocacy and daytime services called NEWday to further 5UPPOrt homeless and vulnerably housed single adults. In 2020, our co-founder Jonny Adam5 established a gardening social enterprise NewLife Newham with an aim of supporting NEWway guests with upskilling and job training Opportunities. The 5ervice5 run in collaboration with Newham Council, Bonny Downs Community Association, local churches, like-minded charities, and an extensive team of volunteers. The charity uses Bonny Downs Baptist Church building as its registered correspondence address for homeles5 service users or those without a fixed abode, allowing them to apply for identity documents, bank accounts and benefrts. BJEcfivES The relief of poverty and financial hardship of individuals in need in Newham, particularly but not exclusively by the provision of: al Winter night shelter delivered in partnership with Newham churches bl Advice and support to seek subseqijent accommodation cl Information, guidance and signposting towards meeting related needs dl Showers, laundry services and food at NEWday centre el Specialist housing advice, financial advice. and 5UPPOrt. signposting and referrlng to other specialist support services in Newham. fl Seeking to establish affordable housing solutions in London Borough of Newham as a sustainable move-on option to Our guests We work to prevent and reduce homelessness, and to provide support so that people can overcome barriers and begin building their lives once again. Trustees are satisfied that all these activities are for public benefit. PARTNERSHIPS & RELATIONSHIPS IN THE YEAR We are delighted to be in relationship and formal partnership with others who respond to povertv including.. Bonny Downs Community Association IBDCAI Bonny Downs Baptist Church Thousand Hi115 London Borough of Newham ILBNI Change, Grow, Live ICGLI and commissioned partners IPraKiS and Single Housing Project)
Public Health Local churches for NEWdawn winter night Sheer Local foodbanks and pantries Housing Justice Homeless Link Department for Levelling Up, Housing and Communities IDLUHCI All grant givers and individual donors Housing a550ciations and investment organisations including Green Pastures, J49, Hope Into Action, and lust Homes Other charities addressing homelessness and similar poverty responses Social prescribers lob Centre streetlink CRISIS Lloyds Bank Foundation FUNDING RECEIVED IN THE YEAR ENDED 31st MARCH 202 London Borough of Newham Commissioning under Integrated Rough Sleeping Service IIRSSI to provide NEWday centre for homeless people in the Borough Istarted in September 2021, three- year fundin& rolling) Nationwide Community Fund to start NEWhope Housing project (April 2022-October 20231 Lloyds Foundation to build up our reserve5 and secure funding for NEWw8y Dirertols post Iluly 2022-lune 2024, two-year fundinglLBN COVID Mental Health & Wellbeing Recovery Community Grant to research and implement trauma-informed approach (July 2023-March 20241 Housing Justice Spring Transformation Fund to bridge a gap in guests, move-on with hotel rooms (March 2023-June 20231 and increasing staff capacity to explore hosting and lodglng options in Newham (March 2024-August 20241 • LBN Warm Food and H3vens towards Creating cool spaces during summer months and providing hot breakfasts and lunches during winter months IApril 2023-March 20241 Housing Benefit through LBN for eligible guests (October 2023-March 20241 • The National Lottery Cost of Living Fund towards NEWway's running costs and Increaslng staff capacity for winter period (November 2023-March 20241 • The Mercers, Company to secure NEWdawn Managels salary for three years (November 2023- October 20261 London Borough of Newham People Powered Places to provide wellbeing session5 for our guests through education, training and employment, in partnership with NewLife Newham ljanuary 2024-December 20241 • Donations from participating NEWdawn churches Donations from local corporates- Attic Self-storage Beckton. Morgan Sindall, MYCO, The Red Lion, and The Boleyn Tavern Donations from local schools.. Mone8a Primary School, Southern Road Primary School Donations from local service5.' Felix Project, Newham Food Alliance, Newham Nutrition Kitchen, Newham Homeless and Prevention Service IHPASI, Newham Welfare Alliance, Housing Justice Letting Network Donations from individuals.
NEWWAY DEVELOPMENT AFTER THE LAST ACCOUNT 2023-2024 was another busy year. Newham saw a dramatic increase in people rough sleeping, with many new faces being seen on our borough's streets. Just as the winter was starting, due to changes in Home Office regulations, many asylum 5eeker5 were granted leave to remain and a very short notice to leave their NASS accommodation. Some of them found their way to our day centre and were supported either through our winter night shelter or activities at NEWday centre. Additional funding allowed us to recruit three new staff members that $18nificantly strengthened our advocacy capacity. Thanks to increased staff presence, we were able to run all our services uninterrupted, and every new person coming through our door was welcomed, assessed and presented with their unique action plan. The recruitment also led to new skills being brought to the team that were used to help our guests overcome barriers into education, training and ernployment, work on their substance misuse, being a friendly listening ear, treating everybody individually and with equal respect and dignity. With the funding from Newham Public Health, NEWway explored the Trauma-lnformed approach, its implementation into a daily interaction with our guests and a long-term impart on a macro and micro level. Additionally, we continued to partner with Expert Link to work on co-production and increasing beneficiaries, voices in the support we deliver. Following our mission statement, we would like to see every person we support being safely housed and thriving in the community they live in. It led our Director and the NEWdawn team to Eather representatives from different housing schemes around one table in january 2024 and start conversation5 on what we Can do differently in Newham to provide better housing Options to homeless people and to reduce homelessness in the long term. The meeting attendees came from organisations like Bonny Down5 Baptist Church, Bonny Downs Community Association, District Council Norfolk, Green Pastures. Hope Into Action, Housing lugtice, J49, Just Homes, Mewham council, The Renewal Programme, and Transformation Powerhouse. The key theme was around community livin& investment, turning old buildings into livable spaces, and returning to old housing models, such as Almshouses. Unfortunately. our partnership with Green Pastures under NEWhope Housing was put on hold, as the purchase of two flats in East Ham did not go through. Unanimously, St was decided that such an investment model is very difficult in London. Nevertheless, as mentioned above, NEWway is looking for other wèys in which we can support rough sleepers into a move-on accommodation. This wlll continue as part of the NEWdawn offer. Our representatives continue to attend housing conferences and forums to build new and maintain established relationships. STRUCTURE & IMPAC NEWdawn. Following a positive response from the community to openlng the church doorto homeless single adults in the winter months, we cooperated with previous and new church congregations to run the winter night shelter in two circuits across the coldest months of the year. The first circuit was open between October 2023 and December 2023 for 8 weeks, and between January 2024 and March 2024 for 9 weeks. In total, we had 52 8uest5 over the whole season. We
or8ani5ed a Newham Big Sleep Out to raise funds for accommodating our guests during the Christmas period to ensure no one 15 forced to spend the festive period alone and in the cold. This event was met with very Bood response and we raised £7,(K)O which was spent on hotel rooms for those who had nowhere else to go. During the shelter season and beyond it, our NEWdawn team worked on strengthening our local community Connections to work on interim solutions to rough sleeping. They were particularlv interested in launching hosting and lodginE schemes with a view of placing eligible guests in hosts, spare room5 until our guests would find permanent accommodation. Previously, we saw this development as another department called NEWhope housin& but this year we decided it is part of NEWdawn offer, as it is so well connected to church community response and relies heavily on the faith congregations. NEWday remained a commissioned consortium between NEWway Project and BDCA wtth the fomier being the main signatory. Our lead partner continued to be Change Grow Live ICGLI, and we worked alongside Street Outreach Workers, Praxis immigration advlce services, and Single Housing Project. Between 1st April 2023 and 31st March 2024, NEWday was visited by 615 individual guest5. which is an increase of 27% in comparison to the previous year. All our guests received housing advice, those eligible where directed for benefit and immigration advice. We worked hard to increase our education, training and employment provision IETEI and ensure our guest5 are encouraged to participate in sessions provided on a weekly basis. Those included ESOL classes, signing up to courses, doing CSCS training, engaging with NewLife, writing Cvs and attending worksearch workshops. Guests could learn how to manage their money, how to sustain their tenancies. and were supported to clear or manage their debts. Outside the daily ofFer of showers, layndry services and meals, for guests, wellbeing, we had on offer visits from an Outreach General Practitioner, community Mental Health nurse, Social Adult Care, and Outreach substance misuse worker. NewLife led weekly wellbeing sessions where guests created the space for them to participate in. They cooked, built flower beds, did gardening, went on trips, and helped around when opportunities arose. Newtife continue5 to partner with NEWway in particular to provide wellbeing sessions twice a week. Thi5 responds to the commissioning requirements as well as our vision of providing a space of purpose and belonging to our guests. Sessions are very popular and bring out the creativity, smile and opportunities to get to know each other in a relaxed environment. FURTHER NOTE ON OUR CORE VALUES The NEWway work is shaped around our core values. Why We Do What We Do We believe that everyone is rnade in the image of God and deserves to be treated with dignity. To have a safe place to stay with support and opportunities to create a better future for themselves. Unfortunately, in our community there is an increasing amount of housing injustice. and many people
are forced to sleep on the street. NEWway is attemptln8 to tackle homelessness and hopelessness by coordinating a network of host churches where local rough sleepers can have: a safe place to sleep - friendly company and advocacy support throughout the coldest months of the year when they are most vulnerable year-round 5UPPOrt services to help people rediscover their hope and dignity $0 they can overcome the challenges that hold them back from securing stable accommodation. Faith Statement In order to further clarify our'whv, we have created a faith statement. NEWway 15 founded upon a Christian ethos and local Churches play a crucial role in the delivery of our services. Our projerts are open to all people who meet our referral criteria regardle55 of their batkground. We never prioritise or limit our support for people of any particular faith. We actively encourage people of all faiths and none to volunteer, donate and artively contribute towards our projects. Our aim is to show God's love in action and not to push our beliefs onto the people we serve. As part of our desire to offer a holistic seNice that addresses our guests. spiritual needs as well as their immediate physical needs, we offer unpressurised opt-in opportunities for people to explore faith with us through prayer, discu55ion and open invitations to the host church services. We signpost people to whichever faith expression they esPOU5e or wish to explore. Although these actions take up a tiny proportion of what we do, we embrace them as another way of helping the whole person in their journey of life. Iln this regard, we note the importance of Carwyn Gravell's report "Lost & Found" and a transformational work of Jon Kuhrt presented in his blog "Grace and Truth" Both authors encourage Third Sector charities to make space for the spiritual lives of their guests. See Lem05&Crane - Lost and Found.. faith and s in the lives of homeless eo lemosandcrane.co.uk Core OrganlsatSonal Values: Togetherness, family, inclusion, community, belonging, tackling isolation, welcoming and unity. Re5perting the image ot God in everyone.. Dignity, worthiness, non-judgemental, h05Pltality, solidarity with the poor. Transformation.. Restoring hope, tackling injusti, moving forward, creating positive change, long term impact not just sticking plaster solution. +w++++F++++++++F+++w++++A+++++++tr+++++++++++++++++++++++tt++++tr++tr+++tr++++++
Risk The Trustees have given due consideration to the major risks to which the charity is exposed. and are Satisfied that those systems, policies and procedures are in place to mitigate exposure to major risks. Reserves It is the policy of the charity that general funds which have not been deslgnated for a specffic use should be maintained at a level equivalent to three to siy-month's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, the charty's activities can continue while consideration is given to ways in which additional funds can be raised. Financial Review The charity succeeded in securing a number of winter grants that enabled u5 to equip our winter night shelter and create a warm haven at NEWday wilh hot nutritious food for our guests. The ongoing grant from LBN in consortium with Bonny Downs Community Association has made a major difference to the support we have been able to provide and the services that we have been able to run throughout the year. This funding is experted to continue for 2024-25. however the Trustees feel that a hi8her level of reserves is required to ensure a smooth shut down of service5 should this funding not be forthcoming. The free reserves carried forward into 2024-25 are £122,621 which represents four months of the coming yeals operatSonal budget. I trust you ore encouroged to reod something of our story this yeurl None o it was Ossible with t bri INant staff andpt7rtners- we remoin groteful to them all. Matthew Porter Chair of NEWway Project 23 July 2024
NEWwa Pro ect Inde endent Examiner's Re To the Trustees. I report on the accounts of NEWway projectfor the year ended 3151 March 2024 which are sel out in the following pages. Respective Responsibilities of Trustee and Examiner The Trustees are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144{2) of the Charities A¢1 2011, 'Ihe 2011 Act" and that an independent examination is needed. Having satisfied myself that the charity is not subject lo audit under company law and is eligible for independent examination, it is my responsibility to". Examine the accounts under section 145 of the 2011 Act. To follow the procedures laid down in the general directions given by the Charity Commission under section 14515llbl of the 2011 Act.. and To slate whether particular matters have come to my attention. Basis of independent examiner's report My examinalion was Carried oul in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you the Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view,, and the report is limited to those matters sel out in the statement below. Independent examiner-s statement The charity's gross income exceeded £250.000 and I confirm that l am qualifi to undertake the examination by being a qualified member of The Chartered Institute of Management Accountants. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. ort 2024 the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and content of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part ol an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Brlan Dexter Chartered Managemenl Accounlanl 172 Sandford Road London E6 3PX Dated 23 July 2024
NEWway Project Flnancial Accounts for the year ended 31 March 2024. Statement of Finantlal Activities Forthe yearended 31 March 2024. 2Q24 General Restricted Total Gewdral Incoming resour(es trom Grants, Donation5 and Legacie5 Grants 29,925 £ 10.584 134,517 £ 164.442 E 10,384 1 34.798 £ 2.678 44.900 79,698 2,678 Donations Bank Interest received Income from Charitable Actiwties 14,979 £ 249,928 £ 264.)7 É 7.126 £ 165.384 £ 172.510 Total Income E¥pen.t pen4itur.e.on Qharitabl4ActisytEs 55.288 384,445 439,733 £ 44.602 f 210,284 E 254.886 22,120 f 220,41Z £ 242532 £ 21.315 £ 148.9(M £ 170.219 Contraclors 512 E 54,207 £ 54.719 £ 11,233 11.233 voSuntèÉr Expenses Other Project ExpÈnses 1,817 £ 1,106 £ 2,923 £ 2,560 £ 2,560 4,090 E 69,932 £ 74,022 £ S.332 £ 82,225 87.556 3A14 £ 3A17 £ 2,464 2.464 Support Cost5 5,564 £ s96 £ IIA60 £ 7,478 £ 3,592 11,069 Tot31 Expenditure 34105 £ 354,968 £ 389,073 £ 36.685 £ 248,417 £ 285.102 sur511)efICitI Income over Expenditure Reserves broughifonvèrd REEerve5 carried fgThiard 21.183 29A77 50.660 £ 7,917 38,133 30,216 IOIA38 E IrM),268 £ 201.706 £ 93.521 £ 138,401 £ 231.922 122,621 £ 129,745 £ 252,366 E 101.438 É 100.268 £ 201.706 p4t io
NEWway Projert Financial Account51or the year endèd 31 Marth 2024. Balance Sheet as at 31 March 2024 31-Mar-24 31-Mar-23 Flxed set$ 2.765 4,259 Curr Debtors 62,458 £ 198,807 £ 261,265 20.223 £ 181,857 E 202,080 Bank and Cash Total Current Asset5 dito Amounts fa11in withSn one due ear 11,663 4,633 Nei Current Assets £ 249,602 197,447 Net Assets £ 252,366 £ 201,706 Reserves General Fund Restricted Funds £ 122,621 £ 129,745 £ 252,366 £ 101.438 £ 100,268 £ 201.706 These accounts were approved bythe toard of trustees on Chairof NEWway Matthew Porter Date.. The note5 thai follow form part of the financial report and accounts.
NEWway Project Finanf ial Acco¥nts forthe yearended 31 March 2024. Note5 to the accounts: l Accountlng polities The account5 have been prepared under the historic cost convention and in accordance with the SORP 'Aicounting and Reporting by Chèrities M8rth 2005 Incoming resources are credited to the account5 when they are received LiabilitlE5 are retognised in the accounts at the time when a cornmitment to make the payment is incurred The Trustee5 agreed that it would be tnore appropriate for rhe accouniing reference d8te to be 31st March each y&ar. These financi31 statements cover the full yearto 31 March 2024, A5 a consequence the compar3tives only cover a period of nine onth5 to 31 March 2023 meaning that a direa comparison is not possible. Tangible Non-cvrrent assets and depreciatio ThÈ charity 8cquired computer equipment in 2019 and 2020 and plans to depreciate the cost of these items over five years. This Is the expected useful life of these assets. and when other tangible non-current assets are acquired the tru5tee5 will review the expected useful life of those assets. Accumulated Funds Resirlcted Funds are subject to specific conditions by grantorsldonors as to how they rnay be used. The purposes and uses of the restricted funds are as set out in the notes to the 3CCQUnts 2 Grants 2023 24 Unrestricted Restricted Total Fund5 Funds Funds 2023 24 I,oDo £ 1,000 22to31 Unrestricted Restricted Funds Funds 23 Total Funds 2022 23 East End Community Foundation Souter Charitable Trust 2,080 £ 2,080 IthrouBh Bonny DOvmsC4mmunityAs50Ciationl HousingJJstice LBN Newham Community Hot Me31s in Warm Spaces Albert Hunt Trust 20,000 £ 20,000 12,820 £ 12,810 15.000 £ 15,0 10,000 £ 10,000 7,000 7,000 Mercers Trust 37,583 £ 37,583 Nationwide 7,452 £ 7,452 LBN Mental Traurna Inforrned Grant 8,130 £ 8,130 LBN People Powered Places 9,361 £ 9,361 National Lottery Cost of Living Fund &Q Foundation London Catalyst Vintners, Foundation 35,991 £ 35,991 5,000 3,000 5.000 3,DOO 5.000 5.000 Lloyds Bank Foundation Barratt Development Foundation Newham Collegiate Sith Form Centre 25,000 25.000 27,250 1,5(K> £ 27.250 1,500 1,048 1,048 HMRC Employment èllow3nce 4,925 4.925 5,000 5,000 29,925 É 134,517 £ 164,442 34,798 £ 44,900 £ 79,698 Note on Government and Local Authority Grants.. 4,925 £ 68,482 £ 73,407 £ 5,000 £ 10,(XIO £ 15,000 p*ii
NEWway Projert Flnanclal Accounts for the year ènded 31 March 2024. Notes to the accounts: 3 Income from Charkable Artlvltles 2023124 117122 to 3113123 Unresrricted Restricted Total Funds Funds Funds 2023124 Unrestricted Restricted Funds Funds Total Funds 2022122 Housing benefit 14,979 £ 14,979 7,126 £ 7,126 CGL INEWday services) £ 249,928 £ 249,928 £ 165.384 E 165,384 Other consultancy and ir3ining 14,979 £ 249,928 £ 264,907 7,126 £ 165,384 É 172,510 Twelve Months Nine fflonths Ju122 to March23 4 Staff Costs and nIsmr5 St8ff costs were as follows SalBries and wages £ 218,219 £ 153,446 Social security 19,761 13,426 Pension 4,552 3,348 Total £ 242,532 £ 170,219 No empolyee received rernuneration of more than E40,00012023'. nil The average number of ernployee5 durin8 the ye8r was as follows 2023124 Employees WTE ID 2022123 Employee5 WTE io Prolects Delivery Project Administration 12 li The charity does not operate its own penston scherne but makes contiibution5 into its employees, defined contribution5 pension plans through auto-enrolment. No contriburions were outstanding ar the ye3r end. 5 Trustee remuneration and expense5 No Trustee received any rernuner3tion during the year12023'. nill. No trustees were reimbursed travel or subsistence eKpenses12023'. nil) Trustee, Jonny Adams. is also a direcror ol Newlife Collective Ltd, a Company limited by guarantee. In the year Newlife Collective Limited wès paid £17,563 for the preparation and delivery of wellbein8 and theraputic gardening 5es5ions with our Newday guests. There are no outstanding balance5 at the year end. No otherTrustee or other person related to the charity had any personal Interest in any contract or tran5aCtlon entered into by the charity during the year12023'. nil)
NEWway Project Financial Accounts forthe year ended 31 March 2024. Notes to the atcounts Icontinuedl 6 Restri¢ted Funds The Income funds of the charity include resiricted funds comprising the following unexpend&d balances of don8tions and granis held on trust for specific purpose5 This period Incoming Balance as at Resources 01 April 2023 for year 11,765 £ 20,000 £ Resources 8èlance as at Expended 31st March in year 2024 Hov5ingJu5ticE 13,286 £ 18,479 LBN PeoplÈ Powered Places 9,361 £ 4,025 £ 5.336 East End Community Foundation I,ooD £ 1.000 £ The National Lottery Cost of Living GrHnt 35,991 £ 35,991 £ The Mercers, Trust 37,583 £ 14,499 £ 23,084 CGL INEWday services) 64,599 £ 249,928 £ 234,583 £ 79,944 Nationwide Community Fund LBN Community NÈighbourhood QL & Sourter ChaTltableTrust IBDCAI LBN Mental Trauma Informed Grant 15,750 £ 7,452 £ 23,202 £ 2,711 E 2,711 £ 8,130 £ 8.130 £ LBN Newham Community Hot Meals In Warm Spaces 5,444 £ 15,000 £ 17,541 £ 2,903 £ 100,268 E 384,445 £ 354,969 £ 129,746 Prior Period li July 2022 to 31 March 20231 Incoming B413nce 35 at Resources Resources Balance as at Expended 31st March in period 2023 Housing Justice 4,802 £ 12,820 £ 5,857 £ 11,765 Albert Hunt Charstable Trust 7,000 E 7,0 E ViTrtners' Foundation 5,000 E 5,0(K> E London Community Foundation (Dputsche Bank Opportunity Fund) 906 £ 906 £ London Catatyst 3,000 £ 3,0 E CGI INEWday ser¥icesl Nationwide Communlty Fund LBN NelghbtsUrho CIL & Souter Charftbale Trust IBDCAI LBN COVID Mental Health & Wellbeing Recovery Community Grdnt Newham 10 Year Anniversary Small Grant 76,177 £ 165,384 £ 176,962 £ 64,599 41,628 £ 25,878 £ 15,750 2,620 £ 7,080 £ 6,990 £ 2,711 3,486 £ 3,486 E 1,680 £ 1,680 £ LBN Community Hot Meals in Warm Spaces 10,000 £ 4,556 £ 5,444 Drapers. Charitable Fund 7,102 £ 7,102 £ £ 138,401 £ 210,284 £ 248,417 £ 100,268 PKe ]4
NEWwdV Proiect Flnanclal Accounts for the yea¥ ended 31 March 2024. Notes to the accounts Icontlnuedl 6 Details of Restricted Funds for 2023-24: Houslng JustitÈ SpdnB Tiansfom)ation Fund.. A grant aimed at supporting guests in their move-on from the winter night shelter into bridging hotels until more permanent solutlon is secured. It also covered salaries for NEWdawn staff. London Borough ol Newham People Powered Places. Funds Irorn LBN People Powered Places community award5 towards wellbelng sessions for NEWw3y guests, l@d mainly by N@wLife. East End Comrnunity Fund. A grant supporting venue costs during the cost-of-living crisis. The National Loitery administerd Cost of Living Fund. A grant supporting the organitIon to maintain services in the c05t-ol-living trisi£ and intrease our capacity to support people struggling with cost of living pressures during the winter months. The Mercer5' Trust Grant. To support the salary ol the NEWdawn Manager for the Winter Night Shelter project and communtty engagement into launching hosting and lodging schemes. CGL. NEWday Services are subtontrècted by the Change Grow Live ICGLI, the1È8d partner in th& tonsortium commissioned bv LBN. to provide support to rough sleepers in the borough. The gr3nt 15 used to cover ?11 runnin8 COSt5 Of NEWday, our daytime provision. The NationwÉde Community Fund= To provide the support for development of housing provision in Newham. This grant went toward5 the NEWdawn Managed5 salary who led on the project. LBN Mental Trauma Inlormetl Grant.. This fund was io lead a research on the best irauma-lnformed approach. and on implementation of 5 STEPS into our work practice. It helped ourteam to improve some parts of our services. Newham Community Hol Meals In Warm Spaces". This grant allowed us to provide hot meals te a day during winter months, and create cool 5paie in the 5ummeT tnonth5 for those we support. 7 Tangible Fixed Assets Computer Equipment Total Cost 1st April 2023 Additions Disposals at 31 March 2024 13.150 £ 189 £ 13.150 189 Accumulated Depreciation 1st April 2023 Charge for year on disposals at 31 March 2024 8,891 É 1,683 E 8,891 1,683 10,574 £ 10,574 Net Book Value at 31 March 2024 at 31 March 2023 4,259 E 4,259 8 Debtors As at 31 March 2024 2023 Housing Benefit Newclay services January-M3rch 1,847 18,376 20.223 62,458 9 C¥edltors: amounts falllng due wlthln one year as at 31 March 2024 2023 Trade Creditors T8xation and soci81 security Accrua15 Other creditors 2.179 2.179 2,4S4 11,663 4,633 P15