NEW WAY Project Registered Charitable Incorporated Organisation Report and Accountsfor the 12 months ended 31st Morch 2025 <oATDts Lry L¢O¥I Yath Yp Aji
CONTENT5'. Legal and Administrative Information Trustees Annual Report Independent Examiners Report Statement of Financial Activities Ilncorporatlng Income and Expenditure statement) Balance Sheet Notes to the accounts Page 2 Page3.10 PaEe 11 Page 12 Page 13 Page 14-18 LEGALAND ADMINISTRATIVE INFORMATION Trustees Mr Matthew Porter ICHAIRI Reverend Dave Chesnev Mr Anthony Bansur3 (resigned 31st Jonuory 20251 Mr jonny Adèms (resigned Ilth June 20241 Miss Agnieszka Pogorzelska MrTirnothyWood Correspondente Address NEWway Project Bonny Downs Baptist Church 18 Darwell Close East Ham, London E6 68T Indèpendent Examlner Brian Dexter ACMA 172 Sandford Road East Ham, London E6 3PX Legal Status NEWway was Set up in 2013. It w35 registered as NEWway Project with the Charity Commission on 9th March 2016 as a Charitable Incorporated OrgBni5ation 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 Art 2011 and the SORP IFRS1021 "Accounting and Reporting by Charities" issued in March 2015. Publit Benefit Statemènt The charity trustees, 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 confirrn that the charity operates for the public good as demonstrated by the report on the following page5 of our activities and achievements during the year. Paoe 2
NEWway Project ort for the Year Ended 31st March 2025 Trustees, Annual Re OUR LIFE & STORY 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 d3ytime services called NEWday to further SLJPPOrt both vulnerably housed and rough sleeping single adults in our borough. In 2020, our co-founder Jonny Adams established a gardening social enterprise NewLife Newham with an aim of 5UPPOrtin8 NEWw3y guests with upskilling and job training opportunities. The NEWway services run in co113bor3tion 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 homeless service users or those without a fixed abode, allowing them to apply for identity documents, bank accounts and benefits. OBJEcfivES The relief of poverty and financial hardship of individuals in need in Newham. particularly but not eKclusively by the provision of.. al Winter night shelter delivered in partnership with Newham churches bl Advice and support to seek subsequent accommod3tion 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 support, signposting and referring 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 thèir lives once again. Trustees are satisfied that all these activities are for public benefit. NEWWAY IMPAC[ REPOR NEWday Outcomes Between 1st April 2024 and 31st March 2025, NEWway saw an increase of 80A in comparison to the previous accounting year, serving 665 people in total, with an average number of 42 attendees per day, and the highest peak of 64 individuals in one day. The first half of the year saw between 30 and 40 guests pÈr day, whereas the second half increased to between 45 and 55 attendees per day. All guests had been offered showers,13LJndry services and food. They also had instant access to our caseworkers who provided housing and advocacy support. Pauè 3
In this financial year, NEWway triaged 446 new people, who automatically received housing advice. One third of attendees received financial support, including benefit and debt advice, and help with opening a bank 3ccount. 33Y¢ of guest5 accessed free on51te healthcare that included health checks with an outreach nurse, referrals to a mental health team, dentist appointments, visits to an optician, and engagement with substance misuse services. 91 people were supported with accredited immigration advice through our partnerships, the main one being Praxis. 70 people engaged with education. training and employment IETEI support, resulting in 51 positive ETE outcomes, such as Cvs, training placements, and job offers. NEWdawn Outcomes Our winter night shelter IWNSI ran in two circuits, eight and nine weeks each, and welcomed 36 guests. Out of them, 10 stayed across two circuits, including 6 with longest stays of over 100 nights. 21 of all WNS guests were either pre-settled or had no recourse to public funds INRPFI. Out of the 21 NRPF, we saw 16 of those gaining full status andlor finding miraculous move-on accommodation - a special thanks to Praxis and their wonderful team for their tireless work. We have seen guests move into the Home Office, and 5UPPOrted and privately rented accommodation, including GrowTH, Changing Lives Housing Trust, Hope Worldwide, and Newham Integrated Rough Sleeping Service. Co-production In November 2024, our three-year partnership with Expert Link concluded in publishing the Co- Production Guide for Day Centres. NEWday participated in the programme alongside four other dav centre5 Situated in London. We were all different shapes and sizes, and on a different road to co- production. As a group, WÉ produced a guide based on our experience and feedback from our service users that we hope will serve other centres supporting people with lived experience. As part of the programme, Expert Link delivered workshops around the participatinE day centres to boost confidence and encourage people to be more involved in shaping services around them. The guide can be viewed here.. htt ex ertlink.or co- roduction-centre centre uidance Guests. Feedback In December 2024, our lead commissioning partner CGL did a service user feedback report among 20 guests attending our setvices. The overall score for NEWday was 9.5110 with 70% answering lO/IO, and the lowest being 7110. People that were surveyed valued that the NEWway team showed dedication to create a welcoming and caring environment to our guests, particularly an individual approach from each caseworker, good wrap-around support available onsite, and 3 compassionate manner of leading the conversation. The report included the following quote5 from the seyed guests- hey make me feel great and treat me like a human being. It has changed the way I feel about myself." 'Every time I've asked for help, they have found time for me and always been helpful. Tli. L)ist iniio ,11..J t", led li) biidersiand my situation and how Iney can help "IOIIO, Kind. helpful and friendly." 'Yes, whenever I've said something seriously the staff have always responded. I definitely felt listened to. 'Verywell run & managed." Page 4
The survey concluded that "[...] the day centre users rated both the seNice provided by NEWday and, particulzrly, how good the staff were. I repeatedly heard similar comments about how welcoming, calm, patient, helpful and compassionate they were. Whilst no seNlte is ever truly perfect and people should always be able to find ways to improve the seiCe offer, there were very few negative points raised by centre users. In general, most acknowledged how great the experience was at NEWday. NEWday are open-minded about making changes and consider the needs & wishes of the day centre users. [...] NEWday users tend to stay engaged with the service and the face-to-face, daily support they receive for a lengthy period of time. Many also continue to access the service even after they have been placed in temporary accommodation or a move-on property." Community Involvement a gr855roots charity, fully embedded in ovr local community, we aim to not only impart the live5 of our guests, but also involve local residents to bring hope, care, empowerment and empathy to those we are supporting. We do this by involving hundreds of volunteers during WNS season, as well as through fundraising events. This year, our NEWdawn Manager took on a challenge to throw a community festival to raise funds for Bonny Downs Abbey rebuild that will become home to our day centre and create intentional community living for up to elght homeless people in sUPPOrted flats above the communal space down5tair5. The Glastonabbey Festival attracted local families to enjoy day OLJt with music, Creative workshops, wellbeing spaces, traditional food and drinks. Newham charities were invited to have stalls where they could promote their services and sell goods in support of their organisation. The event raised £3,546. The Second fundraiser was in November 2024- The Big Newham Sleep Out- which attracted 15 people taking part in outdoor sleeping and raising money IN support of our guests at WNS. Participants gathered in Bonny Downs Grow Together Live Together Community G3rden where there was fire, food cooked and donated by our commissioners, quii, and story sharing. The sleep out W3S concluded with breakfast and reflettion. The event raised £11,000. NEWWAY STRUCTURE Our organi5ation had been managed by a board of trustee5 and supported by specialist committee advisors. NEWway had eight full-time and one part-time staff.. a NEWday Manager, three NEWd3y CaseworkeT5, a NEWdawn Manager, a NEWdawn Caseworker, a Front of House Caseworker, an Administrator, and a Director. Strategic organisational decisions were made during quarterly meetlngs of the Trustee Board which had wide ranging, relevant expertise as leaders of local charities, including Ascension Community Trust, Bonny Downs Community Association, Bridges Homeless Support, Newham Foodbank, and Transform Newham. Underneath the board, operational issues were decided during monthly senior meetings, weekly team meetings and annual staff away days. All decision5 were made in consultation with guests, partner agencies and our valued volunteers. We had an annual gathering at the end of winter shelter circuit and conducted regular guest and volunteer feedback to shape our deliverv. NEWdawn saw 16 congregations participating in this season's WNS. The first circuit was open between Monday 14th October 2024 and Sunday 22nd December 2024 for eight weeks, and the second circuit was open between Monday 30th December 2024 and Sunday 9th March 2025 for nine Pagp S
weeks. In total, we had 36 gLJests over the whole season. For the first time, NEWdawn Manager organised a Christmas Night Shelter for our guests which plugged a gap between both circuits. It met with a positive volunteer response and ensured that none of our guests spent the festive period on the street. Throughout the year, the NEWdawn team worked on strengthening our local communlty connections to work on interim solutions to rough sleeping. We were particularly interested in building on the local hosting and lodging offer. This season, we worked with three hosts and started conversations with one extra person. We understand the process is long and requires a lot of trust from both sides, hence we allow time for everything to fall into place. NEWdawn is our charity's biggest engine behind crowdfunding campaigns and the biggest mobiliser for the volunteer movement. NEWday became a subcontractor to the Newham Integrated Rough Sleeping Service INIRSSI in September 2021, and the contract is rolling until August 2026. The lead partner had been Change Grow Live ICGLI and within the NIRSS, we worked alongside Street Outreach Workers, Praxis immigration advice services, and Single Housing Project providing an assessment hub and emergencv accommodation. We hold a strong place in lo1 strategy, ensuring the voices of those who access our services are brought to all decision-making fonjms. The NEWday Manager developed strong partnerships and created a 'one-stDP place of support, with the following projects and activitie5 h3ppening on a regular basis.. S Wellbeing activities Onsite housing and advocacy service, including provision of a care of address bv Bonny Downs Baptist Church Access to laptops donated by Britsnnia Education Trust, and free wifi connection, courtesy of Bonny Downs Community Association Showers and laundry facilities Mary Ward art and craft workshops + Immigration sUPPOrt Praxis St Mungos MAPS RAMFEL Health and Wellbeing support Inspire Fitness to encourage our guests to engage with physical exercise Newham Transitional Practice for GP services Change Grow Live Rise for substance misuse ELFT Rough Sleepers Mental Health Prattice IRAMHPI NHS Dental Van Stop Smoking sessions Vision First Eye Care Page 6
• In-kind support Acts 435 for donations towards individual guest support Bonny Downs Foodbank and Food Club Felix Projert for weekly provision of ready-made meals Lidl East Ham for weekly provision of grocery Primark for clothes and towels Local Primary Schools and organisations for clothes and toiletries s• Education, training and employment support Change Please I for job preparation, employment, accommodation, and therapy ELBA for skills and resources around private sector employability ESOL le550ns Department of Work and Pensions for CV and job search workshops NewLife Newham for helping people into vpskilling and employment Standin£ Tall for work and accommodation Financial Support Bonny Downs Debt Advice services Department of Work and Pensions Universal Credit Outreach support HSBC no fixed abode scheme for new bank accounts Move-on providers 25th Avenue Boost Up Changing Lives Housing Trust GrowTH Housing Hosting and Lodging schemes London Lettings Network Newham Homeless Prevention Advice Service Queen Virtoria Seamen's Rest The Renewal Programme YMCA. Outside NEWday. other partnerships include a variety of local and national organisations and community groups focusing on homelessness strategy and relief (for example Housing Justi¢e, Homeless Link, Green Pasture5, Hope Into Action,149,1 and staff training and charity support IsL¢ch as Newham Food AlSiance, Public Health, and Lloyds Bank Foundation). NewLlfe continues to partner with NEWway through Memorandum of Understanding to provide wellbeing sessions twice a week. One day is dedicated to ETE support. whereas the second day focuses on fun activities led by our guests, such as cooking, outings, gardening, and woodwork. This 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 for people to get to know each other in a relaxed environment. Page 7
PARTNERSHIPS IN THE YEAR We are delighted to be in positive partnerships with others who respond to poverty including.. Attic Self-storage Beckton Change, Grow, Live ICGLI and commissioned Bonny Downs Baptist Church partners IPraxis and Single Housing Project) Bonny Downs Community Association IBDCAI Core Telecom Ltd. Felix Project Local food banks and pantries HSBC Stratford London Borough of Newham ILBNI Homeless Link Microsoft Corporation Newham Food Alliance Housing Justice Housing associations and investment organisations including Green Pastures. J49, Hope Into Action, and Just Homes Irons Foodbank Jobcentre Lloyds Bank Foundation Local churches for NEWdawn WNS NewLife Collective Ltd. Other charities addressing homelessness and similar poverty responses Public Health Social prescribers Streetlink Thousand Hill FUNDING RECEIVED IN THE YEAR ENDED 31st MARCH 2024 LBN Commissioning under Integrated Rough Sleeping Service, led by Change Grow Live ICGLI to provide NEWday centre for homeless people in the borough (started in September 2021, five- year funding, rolling under August 20261 The Mercers, Company to secure NEWdawn Managerfs salary for three years (November 2023- October 20261 Lloyds Bank Foundation to bulld up our reserves, secure funding for NEWway Directorfs wst, and provide charity support through their Enhanced Programme Iluly 2022-May 20251 LBN People Powered Places to provide wellbeing sessions for our guests through education, training and employment, in partnership with NewLife Newham (January 2024-December 20241 Housing Justice Spring Transformation Fund to bridge a Eap in guests, move-on with hotel rooms and increasing staff capacity to explore hosting and lodging options in Newham (March 2024- August 20241 King Charle5111 Charitable Fund, the Coronation Food Project to pilot a programme of employing our guests to 53ve SLJrplu5 food diverted away from landfill and produce meals and snack to be sold to corporates (April 2024-February 20251 The Albert Hunt Trust for a shortfall in NEWdawn Manager's salary (August 2024-March 20251 Stagecoach Giving For Good Community Fund towards art and craft supplies for NEWday (September 2024-March 20251 The Drapers. Charitable Fund towards NEWdawn staffing1September 2024-August 20251 Housing Benefit through LBN for eligible guests (October 2024-March 20251 LBN Warm Food and Havens toward5 providing hot me315 during winter months and creating cool spaces during summer months (December 2024 -may 20251 Housing Justice Equipping Shelters Fund to provide winter night shelter support to people with immigration needs IDecember 2024-May 20251 LBN Strengthening Community Capacity for Supporting Residents to Quit Smoking 24125 grant to support homeless people stop or reduce smoking (Marth 2025-September 202SI PA0È 8
Arnold Clark Community Fund towards increased core costs (March 20251 Donations from individuals Donations from participating NEWdawn churches Donations from local corporates.. Attic Self-storage Beckton, Core Telecom Ltd., Morgan Sindall Construction, Primark East Ham Donations from local schools.. Nelson Primary School, St Bonaventure's RC School Donations from local services.. Britannia Education Trust, Felix Project, Housing Justice Letting Network, Irons Foodbank, Lidl East Ham, Newham Food Alliance, Newham Nutrition Kitchen, Newham Homeless and Prevention Service IHPASI, Newham Welfare Alliance, Start Young UK Donations from our fundraising events: Glastonabbey and Big Newham Sleep Out 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 made in the image of God and deserves to be treated with dignity. To have a safe place to stay with support and opportunitie5 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 attempting 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 support service5 to help people rediscover their hope and dignity so they can overcome the challenge5 that hold them back from securing stable accommodation. Faith Statement In order to further clarify our'whv, we have created a faith statement. NEWway is founded upon a Christian ethos and local churches play a crucial role in the delivery of our services. Our projects are open to all people who meet our referral criteria regardless of thelr background. We never prioritise or limit our support for people of any particular faith. We actively encourage people of 311 faiths and none to volunteer, donate and actively contribute towards oijr 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 service that addresse5 our guests, Spiritual needs a5 well as their immediate physical needs, we offer unpressurised opt-in opportunities for people to explore faith with us through prayer, discussion and open invitations to the host church services. We signpost people to whichever faith expression they espouse or wish to explore. Pagè 9
Although these actions take up a tiny proportion of what we do, we embrace them as another way of helping the whole person in theirjourney of life. Iln this regard, we note the importance of Carwyn Gravell's report "Lost & Found" Bnd a transformational work of Jon Kuhrt presented in his blog "Grace and Truth" Both authors encourage Third Sector charitie5 to make space for the spiritual lives of their Euests. See Lemos&Crane- Lost and Found- faith and s in the lives of homeless eo lemosandcrane.co.uk Core Organisational Value5: Togetherness, family, inclusion, community, belonging, tackling isolation, welcoming and unity. Respecting the image of God In evèryone: Dignity, worthiness, non-judgemental, hospitality, solidarity with the poor. Transformation.. Restoring hope, tackling injusti, moving forward, creating positive change, long term impact not just sticking plaster solution. 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. ReseNes It is the policy of the charity that general funds which have not been designated for a specific use should be maintained at a level equivalent to three to six-month's expenditure. The trustees consider that reserves 3t this level will ensure that, in the event of a significant drop in fundin& the chariws 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 us to equip our winter night shelter and create a warm haven at NEWday with hot nutritious food for our guests. The ongoing grant from LBN has made a major difference to the support we have been able to provide and the seDJices that we have been able to run throughout the year. This funding is expected to continue for 202S-26, however the Trustee5 feel that a higher level of reserve5 is required to ensure smooth shut down of services should this funding not be forthcoming. The free reserves carried forward into 2025-26 are £163,238 which represents five months of the coming year's operational budget. I trust you are encouraged to read something of ourstory this yearl None of it was ossible without brilliant staff and partners- we remain grateful to them all. Matthe orter Chair of NEWway Project Page 10
Newwa ect CIO- re istration number 1165966 Inde endent Examiner's Re ort on accounts to 31 March 2025. To the Trustees. ro I report on the 8¢¢ounts of Newway Projecl for the period of twelve months ended 31SI March 2025 which are set out in the following pages. Respective Responsibilities of Trustee and Examiner The Trustees are responsible for the preparation of the accounls. The Trustees consider that an audit is not required for this year under section 14412) of the Charities Act 2011, "the 2011 Act" and that an independent examination is needed. Having satisfied myself that the charity is not subject lo audit under compar)y law and is eligible for independent examination, it is my responsibility to.. Examir)e 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 145151(bl of the 2011 Act.. and To stale whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the ger)eral Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounls 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 lo whether the accounts present a 'lrue and fair view,, and the report is limited lo those matters set out in the statement below. Independent examiner's statement The charity's gross irioome exceeded £250,000 and I confirm that l am qualified to undertake the examination by being a qualified merllber 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- 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 thal the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Brian Dexter Chartered Management Accountant 172 S8ndford Road East Ham London E6 3PX Dated 2010612025 Pag$11
NEWway Projert Financial Account5 for the year ended 31 March 2025. Statement of Financial Activities Forthè ye•r ended 31 March 2025. 2015 2024 General Re5trlcted Total General REStritted Total Incoming Resources Incoming resourcesfrom GTznts, DonatlOn5 and LeEaoe£ Gonts Donatlons Bank Interest received 6.8LWJ 25,671 loo 116.699 123,499 £ 25,671 £ IOD £ 29,925 £ 10,384 134,517 £ 164.442 10,384 In£ome from ChèritableActivities 36,442 Z22,989 259,431 £ 14,979 £ 249,928 £ 264,7 Total Income E¥penditure 69,013 139,688 408,701 £ 55,288 £ 384.445 £ 439,733 SaE3ries 11.IZ4 289A98 310,622 £ 22,120 E 220,412 £ 242.532 Contractors 33,798 33,798 £ 512 £ SA,207 £ 54.719 v01nteerEXpenSeS Other Project £Kpenses lTrsutsnce 1,557 1,557 £ 1,817 £ 1,106 £ 2,923 2W2 67.177 70.069 £ 4,090 É 69,932 £ 74,022 3.Z29 3.21g £ 3,414 £ 3,417 Support Costs 4380 10,377 14,757 5,564 £ 5,896 £ 11,460 Total Expendlture 28,396 40S,636 434,032 £ 34.los £ 354.968 £ 389.07a SurplusllDeficltl Income over Expenditure Reserves broughtfomard Reserves caTried forward 40,617 65,948 - 25,331 £ 21,183 £ 29,477 £ 50,660 122.621 129,745 252,366 £ 101.438 £ 100.268 £ 201.706 163,238 63,797 227,035 £ 122,621 £ 129.745 £ 252,366
NEWway Prolett Finantial Accounts forthe year ended 31 Marth 2025. Balance Sheet as at 31 March 2025 31-Mar-25 31-Mar-24 Fixed Assets 229 2,765 Current Assets Debtors 62,458 174,104 236,562 62,458 198,807 261,265 83nk and Cash Totol Current set5 Credltors.. Amounts tallln within one due ear 9,756 11,663 Nef Current Assets 226,8a6 249.602 Net Assets 227,035 252,366 Reserves General Fund Restricted Fund5 163.238 63,797 227,035 122,621 129,745 252,366 These accounts were a roved by the board of trustees on 7D2< Chair of NEWwav atthew Porter Date.. ThÈ note5 that follow form part ol the financlal report and accounts. Pwij
NEWway Prolect Financial Accounts for the year Ènded 31 March 2025. Notes to the accounts: l Accounting policies The accounts have been prepared under the historic cost convention and in accordance with the 50RP 'Accounting and Reporting by Charities. March 2005 Incoming rÈsources arÈ crÈdited to the accounts when they are received Li3bilities are recognised in the accounts at the time when a comrnitment to rrBke the payment is Iniurred Tangible Non-curent 45set5 and depre£iation The charitv acquires computer and other equipment which is depreciHted over the useful e¢onomic Ilfe of the asset. The current deprecSation policy is to depreciate a55et5 at 33.3VA of cost on a straight line basis Accumulated Fund5 Restricted Fund5 3re subject to Specific condition5 by grantorsldonors as to how they may be used. The purpose5 and uses of the restricted funds are as set out in the notes to the accounts 2 Giants 2024125 2023124 Unrestricted Funds Restricted Funds Tot31 Funds Unrestricted Funds Restricted Funds Total Funds 2022 23 I,ooD East End Community Foundation 1,000 £ Housing Justice LBN Newh3m Community Hot Meals In Warm Spaces Albert Hunt Trust 20.[m £ 20,000 20.0 £ 20.0) io.oao £ 10.000 I5.0( f 15,0(K> 10,000 £ 10,000 Mercers Trust 32,861 £ 32,861 37,583 £ 37,583 Nationwide- Newdawn project manager LBN Ment31 Trauma Informed Grant 7.452 É 7,452 8,130 £ 8.130 LBN People Powered Places 9,361 £ 9,361 9,361 £ 9,361 National Lottery C05t of Living Fund Draper trust st8gec03ch King Charles 111 Coronation fund Lloyds Bank Foundation Arnold Clark foundation 35,991 £ 35,991 20,000 £ soo £ 20,000 500 9,977 £ 9,977 300 300 25.000 £ 25,CKX) 1,500 1,500 LBN Quit smoking 4,000 £ 4.000 HMRC Employment allow3ncÈ 5,000 5.000 4,925 4.925 6,800 £ 116.699 £ 123,499 29.925 £ 134,517 £ 164.442 Note on Government and Local Authority income Grants.. s,000 £ 23,361 £ 28.361 £ 4,925 £ 68,482 £ 73,407
NEWway Projert Flnanclal Accounts for the year ended 31 March 2025. Notes to the atcounts: 3 Income from Char¥table Activities 2024125 2023124 Unrèstrictèd Fund5 Restritted Funds Tot81 Funds Vnre5tricted Funds Restcted Funds Total Funds 2022123 Housing benefit 9,599 £ 9.599 14.979 £ £ 14,979 CGL INEWd3y services) 26,843 £ 222,989 £ 249,832 249,928 £ 249,928 Other con5uFtancy and training 36,442 £ 222,989 £ 259,431 14.979 £ 249,928 £ 264,907 4 Staff Costs and numbers 2024125 2023124 Staff tosts wÉrÈ as follows Salaries and wa8e5 Social security 277,042 218,219 26,961 19,761 pe510 6,618 4,552 Total 310,621 242,532 No empolyee received remuneration ol more than £60,00012024'. nil) The avorage number of Èrnployees during the yÈar was as follows 2024125 ee5 wrE 2023124 es WTE Projert5 Delivery Project Administr3tion io li 12 The charity does not operate its own pension scheme but makes contributions into its employees, defined contributions pension plans through auto-enrolmÈnt. No contribution5 were ovtstandlng ot the year end. 5 Trustee remuneratlon and expenses No Trustee received any remuneration durlng the year12024'. nill. No trustees were reimbursed travel or subsistence expense$12024'. nlll Trustee, Jonny Adams, who resigned on Ilth lune 2024, is a beneficial owner of NewLife Collective Ltd which received £19,363 for delivery of workshops and other training and support for Newway clients.12024.. E17,0821 Other than Mr Adams, no Trustee or other person related to the charity had any personal interest in any contract or tr3nsaction entered into by the ch3rity during the year12024'. nil) Pw15
NEWway Project Financial Accounts for the year ended 31 March 2025. Notes to the atcounts Icontinuedl 6 Restritted Funds The Income funds of the charity include restritted funds comprising the following unexpended b3lance5 of donations and grants held on trust for specific purposes This period Ba13nce as aioi Incoming Resources for year Resources Ekpended Balanty as ai 315t March 2025 Housingjustice 18,478 20,(X)O 30,923 7,5SS 18N People Powered Places 5,336 9,361 14,697 DraperTru5t 20.WO 5,537 14,463 Kin8 Chades 111 Coronatlon Fund 9.977 9,977 St4geco4ch 500 soo The Merters'Tvust 23,084 32,861 30,233 25,712 CGL INEWday service51 79,944 222,989 295,550 7,383 Albert Hunt 10,000 10,000 L8N Quit Smoking 4,000 4,000 LBN Newham Communlty Hr*t Meals ltt Warm 5Ces 2,903 129,745 10,000 339,688 8.219 405,636 4.684 63,797 Prior Year 2023124 8alance 35 at l April 2023 Incomlng Resources for period 20,000 £ Resources Expended in period Balante as at 31st March 2024 HousingJu5tlce 11,764 £ 13,286 £ 18,478 LBN People Powered Places 9,361 £ 4,025 £ 5,336 East End Communiry Foundatlon 1,000 £ 1,000 £ The National Lottery Costof U¥lngGratht 35,991 £ 35,991 £ The Mércers, Twst 37,583 £ 14.499 £ 23,084 CGI (NEWdaysel<esl 64,599 E 15,750 £ 249,928 £ 7,452 £ 234,583 £ 23,202 £ 79,944 3tlonwlde Communlty Fund LBN Community Nei8hbourhood Grant & Soutsr Charltbale Tty# IBDCAI 2,711 £ 2,711 £ L8N COVID Mental Trauma IlOrmed Grant 8.130 £ 8.130 £ LBN Newham Comrnunlty Hot Meals in Warm Spaces 5,444 £ 15,000 £ 17,541 £ 2,903 100,267 £ 384,445 £ 354,969 £ 129.745
NEWway Projert Financial Accounts for the year ended 31 March 2025. Note5 to the accounts Icontinuedl 6 Details of Re5trirted Funds for 2024-25.. CGL. NEWday services are subcontracted by the Change Grow Live ICGLI, the lead partner in the con50rtiurn commissioned by LBN, to provide support to rough sleepers in the borough. The grant is used to cover all running costs of NEWday, our daytime provision. The Mer¢ers' Trust fjrant. To support thÈ salary of thÈ NEWdawn Manager for the Winter Night Shelter project and communitv engagement into13unching hosting and lodging schÈme5. London Borough of Newham People Powered Places. Funds from LBN People Powered Place5 communily awards towards wellbÈing sessions for NEWway guests, led mainly by NewLife. Housing Justice Spring Transforrnation Fund 2024.. A grant aimed at supporting guests in thelr move-on from the winter night shelter Ènto bridging hotels until more permanent solution is secured. It 31so covered salaries for NEWdawn staff. King Chartes 111 Charitable Fund. the Coronation Food Prosert.. to pilot a programrne of employing our guests to produce rnea15 and snacks to be retailed to corporatÈs, using surplus healthy food diverted 8W8y from13ndfill. The Albert Hunt Trust.. A grant to zddress the shortfall in the NEWd3wn rnanage¢5 5alzry. Stagetoach Giving for Good, Community Fund. Towards art 3nd cr8ft supplies for NEWday. The Drapers, Charitable Fund. A grant SUPPQrting Newdawn staffing costs. Newham Community Hot Meals in Warm Spaces.. This grant allowed us to provide hot rneals twice a day during winter months, and create cool space in the summer months for those we support. Housing Justlce. Equlping Shelters fvnd 202+25..to prowde winter night-shelter support to people with immigration needs. LBN Strengthenlng Communliy Capa¢iiV for supportlng residents to quit smoking 2024-25'.thi5 grant to support homeless people Stop or reduce smoking. The Natlonwlde Communlty Fund 2023-24.. To provide the support for developrnent of housing provision in Newham. This grant went towards the NEWdawn Manager's salary who lÈd on the project. LBN COVID Menial Trauma Informed Grant 2023-24.. This fund was to lead 3 research on the best trauma-inforrned approach. and on irnplementation of 5 STEPS into our work practlce. It helped our team to improve some parts of our services. 7 Tanglble Flxed Assets Computer Eouipmeni Total C05t 1st April 2024 Additions Disposals at 31 March 2025 13,339 £ 249 £ 4.791 -£ 8,797 £ 13,339 249 4,791 8.797 Accumulated Depreciation 1st April 2024 Charge for year di5P05a15 at 31 March 2025 10.574 £ 2,785 £ 4,791 -£ 8,568 £ 10,574 2,785 4,791 8,568 Net Book Value at 31 March 2025 al 31 March 2024 2,765 £ 2,765
NEWway Prolect Financial Accounts for the year ended 31 March 2025. Notes to the accounts Icontinuedl 8 DebtOTS As at 31 March 2025 2024 Housing Benefit Newday services January-march 62.458 62.458 9 Creditors.. amounts falling due within one year as at 31 March 2025 2024 Trade Creditor5 Ta%ation and social security Accruals Other creditors 2,179 9,484 1,190 8,566 9,756 11,663