Cltarity r¢gistiation number. 1166393 Open Door Stoke on Trent Annual Rq>ort a1 Finattctal Ststtyuents for the Year Ended 31 DeizmlKr 2024
Open Door Stoke on Trent Contents (continued) Reference and Administrativ¢ Details Trustees, Report {HFinalISation and OfficersActiv¢AtFitialiwionC¢)untrl or OffiCDrIn8Peri(yoUlltrl) then "ststement of . +reportHelw.Text.StartSent¢n¢dOfficcrDes¢riptionltr-s Resp)nsibilitie8" else IHosFin81isation OtTJcersAei1veAI8IiS?IlOncOul1*I or OffiettSDuringPeriodCount!l) then "Siai¢ment of - +r¢portH¢lper.Text.StsrtSetttenc¢(Offi¢erDexription)+- ResP1b11ItieS. Indep¢nd¢nt Examin¢rfs R¢port Semen1 of Financikl Al¥It1¢¥ Balance She Notes thc Fina]1 Stalements 7w14
Open Door Stoke on Trent Reference and Administrative Details Trustees Roger Wright Amy Calvert 1166393 Chsrity Registration Number Prin¢ipgJ Offiee Sp(Mle Works 69 Cburch Street Stoke on Trent ST41 IDdepeDdent Eumiffjer VAST Hope Streel HaDley Sb)ke-on-Tmit STI SDD Page I
Open D(r Stoke on Trent Tru$tees' Report The trustees preseni the arn)1 Yepon 108ether with the financial Ststernts of the charity for the year ended 31 December 2024. Objectives nd activiti Ohjects 4nd qims Tbe mission of tknr Stoke on Trent 15 to help the homeless and vulncrnble in the Stok¢ on Tr¢t)i and North Staffordshire areas. Opcn Door Stoke on Trent's visiijtt is that ttobody iti Stoke on Trent and the Surrounding area should go huDgry OT be homeksk Pmblie beMÉfik Ow activities are on page 3 of this reiMKt. The irusices c(Trnfirn) that they have complied with the Yequirements of section 17 of the awtlyes Act 2011 to have due regard to the public Ixllefii guidance published by thc Charity Comrnission for En¥land and Wales. Fln•n¢lal rtvlew The fIGial results ate shown on rn 5-15 of this rep Pollry reserves The charity aims to Iwld res¢rves to cover the fj8ge nujning costs of th¢ charity for 3 Trwnths which equ8le$ to around £87.250. The level of utw¢strici¢d reserves at the year cnd is £131,860 {202J £106.814}. Structsrej governattce #ttd DMnagemeM¢ Nafyre ofsovermlng do¢4meul Th¢ charity wa5 fc8LStcr¢d on 6 April 2016. Th¢ w&% adopted ott 16 July 2015 as omellded OD 4 April 2016 as amended on 31 Dw¢mE¢r 2020. New trustees are recnjiied and appoinied by the exisitin8 tsljstees. Indmciion ÈTA4trAlz oftrmstsés Tru¥kes are offered training when appoin The atmtsai rewrt was approved by th¢ trustets of the clwity on.. .. . and SI on its b2halfby'. Vanessa KW TrusÈ¢e Pa8¢ 2
Open Door Stoke on Trent Cbair'$ Report 2024 has b¢¢n an kllSPiTing and imp&ctful ycar. one in which we have c4Jntinued to live out the values at the heart of our charity. We are incredibly proud of ibe progress m* athd the p)sJtive impact we have had it) the lives of those we serve through Open Dr ske on TTenL It b&s been a busy and fruitful year, parncu]afly with the continued ¢xpansion of our aco)mmodati¢m services. We have extended our housing w)rtfolio and bav¢ started to itiv¢s¢ finan¢ially ill th¢ prcpwatiou nd development of a 18rg¢r, PUqM)se-built. 2417 5thffed accornmodation uniL This new facility will enable U5 to provide even re tailored support and a¢hieve positive for a 8r¢aw number of IdentS. Our drop-in sessions maIn a cornerstone of our mission. W¢ n¢v¢r forg¢t our r(xJts wh¢r¢ it all kgan with simply "opening the doors" Hnd '¢18 the hungry.- Tothy. we continue h) serve approximately 80 individuals each weeL maintsinin8 our commitment to Loving, Feeding. Caring. and Sharing. with an "Evcryone Welcome" approach that reflects G(yJ'5 love ptarticai a1 compassionate ways. We are deeply grateful for thc coutujued su¢c¢ss of this vitsl setvicc and especially thankfid for the inviiluable support of the multi-agcncy trams wlx) regularly attend. Their collaborntion enabltt• U5 to provide holistjc 5UPPOrt to individuals facing multiple challenges. iDcluding home1$¢s5. addictio menthl heal¢b concerns. und othcr vu]nerabiliiies. Together. we are makmg a real and lasting d2tTerence in ppIc,& lives. A 5tandL)Ut achievetnent this year w&8 the laumh of our clwity shop an cxciling and PUFpos¢ful 51cp forwaTd for our organisation. From th¢ outset, this venIU wgs apprh a long-temi investment in ¢)ur mission. Driven by a vision to eNte more than just a r¢tail swe. we aimed to offer high-quality. afyordable second-hand goods in a welcoming environmthL 8ThJ we're pro] to say the shop has quickly become vibrani hub of ¢onn¢ction snd PUTW. Th¢ shop has helped extend our mission beyond tradilional services offering dilty, belongins, And opportunity io all who walk through the door. While financial return W&5 n¢v¢r th¢ primary roc. w¢ re¢o8nise that every conlribulion whether through dolOrs. purch. or simply community en8agernenl adds rncaningfvl value LO our wider work. We are truly encouty1 by how well li has been rec¢iv¢d ¢x¢iied aboui its ot180in8 Potential. With stron8 foundations and growing ¢ommyDiry SUPP)ry wr're exciied for the 5hop'5 fvture a thrivin8> wstaiMble for¢e that wll eontÉnue to enrich Iiv¢s 8nd play 8 vityl rol¢ in adv&ncin8 our mission. Lookin8 ahd 2025. we remain committcd io suPrting our homeless and mor¢ In¢rable friends. W¢ 85pirc to 8row. flourish, aTrJ ]ll nwkiD8 g meaDingful dirrerence in people's liv¢8. With fjod'$ guid8n¢¢ and continued faiti we are confideni th?t we will build on the stron¥ foundation laid this year. Finally, I would lik¢ to extend heartfrlt th#tLks to our tnJsie¢s. stsff, and volunte¢rs across the or¥&nisalion. Your dedication and unwavering SUPP)rt have been ilLsUl¢ntal ID cveryihitt8 we have achKeved. Each dayy l ]ve thanks to God for thc nurtUTirtg frniiffijl joumey of our charity and the stren8th to caY this Work fonv8rd. Every Bles5in& Vanessa Rensbaw Choir, Open Door Stok¢ on TrenL Page J
OpeD Door Stoke on Trent Independent Ex4mlner'$ Report to the trustees of Open Door Stoke on Trent I rep)rt to the trtssiees on my examinatson of the accounts of Open DC Stoke on Trent foT the yeAT ended 31 Deeernber 2024. Re5PODslbUltiu aJMI b15 of report As the charity trustees of Open tk)or Stok¢ on Treot ar¢ respotisible for the preparntion of the accounts in ac¢ordanc¢ with th¢ requir¢m¢nts of th¢ Clwiti4s A¢t 2011 ('the Act,). l Tepon in respeci of my examination of the Open D(MJr Stoke on Trellt's accouDts cTled out under sectioD 145 of th¢ 2011 Act and in carying out my examinaiion I have followed all the applicable Directions given by the Chariiy Commission under section 145(5Mb} of thc ACL Independent ex8mlDer'J sttemeNt Sitice Open Stoke on Trent's gms8 kncome exceeded £250.Cth yLyJr examiner rnU be a of a body listed in scction 145 of the 2011 ACL I confm l am qualif1 lldth the exan)il0rt trcaus¢ l am a rnember of , which is one of the listcd b(MJies. I bave completed my ¢xaminw¢iom l eonfimi no matrriai have come to my atteniion in connection with the examination giving me ¢aus¢ to lIeVe that in any Materi rPt. l. acwunrinB recoTds w¢r¢ noi kcpt ID re$F1 of0 Door sk¢ om Tyent as WUiTed by 8Ktion 130 of the Aci; or 2. th¢ bccounts do noi aecord with those re3. or 3. the accounts do not comply with the ac¢ouniin8 requirements Corerning the fonn and contcnt of account8 set out in th¢ Charities (Accounts Ind Rcportsl Regulations 2008 oth¢r th8n any wuircment that th¢ ounts 8Jv¢ a 'tru¢ and fair view which is noi a conqidtted a$ part of an independent examination. I have no concerns and have Come am5s M other rnatters in connection with the examination to which attention should be drawn in this repon in order io enabk a propcr under51andin8 of the 4¢¢0unts LO b¢ r¢a¢h¢d. Daryl Denson ACMA VAST Tht Dudson Centte Hope Stre¢t Hanley Stoke-on-Trettt STI 5DD 01110125 Date.. Page 4
Open Door Stoke on Trent Statement of Financial Activities for the Year Ended 31 December 2024 Unrestrleted funds Restricted fuDds Totsl 2024 Intome nd Endowrwnt¥ frnm: Don2tions and legacies Charitable actIti Oth¢r trdding activities 1,901 456.229 17.764 456229 17.764 Total income 475,894 475.894 Exp¢ndlture on: Charitable activities (451511) {451.511) Toiai expenditur¢ (451.511 451,511) N¢t incoD)¢ Gross transf¢rs b¢Thveen funds 24,383 24,383 663 Net movement ith funds 25,046 1663) 24.383 Recomelllatlon olfundj Total funds brought forward IIK>.814 663 107,477 Totyl fun8 ¢arried forword 14 131,860 UDrestri¢t¢d 131,860 Tolal 2023 Restrkted furtds Income and Endownnts Irom: Donation5 and le8acies ChY4ritablc actLVLties 5.420 352,198 5.420 352,198 T0181 in¢om 357,618 357.618 Expendlture oo". Charitable activities 348,119 1,4581 (349.577 Total expenditu 348.119 1.4581 {J49,577) Nct incomel{cxpendilure) 9.499 {1.458) 8,041 Net rnovernent in funds 9.499 (1.458) 8,041 Re¢ortelliitioD of (Mnds Total fiLtth bmu8bt forward 97J15 2.121 99,436 Total filnds Carri fonward 14 106.814 663 107,477 All of the cRJarity's activitics derive from colltinuiDg oprrntioDs duriD8 the alM)ve two peri(Mls. The fim(ts breakdown for 2023 is SI)Wn in Do* 14. The notes pages 7 10 14 forni on integral part of thcse fjnancial Aatemcnts. Page 5
Open Door Stoke on Trent (Registration Dumber: 1166393) Balance Sheet as at 31 Deeember 2024 2024 2023 L%ot¢ Filed assets Tan¥ibl¢ a5s¢ts 10 8.858 Current •S5ets Debtors Cash at bank and in hand 5.022 120.169 4,832 104,352 109.184 12 125.191 Credltors: Amoullts flllnE due wlthln one year 13 2.189) 1,7U7 Net furrent amets 123.002 107,477 Net assets 131.860 107,477 Funds of the ehirlty: Re8trlcted Intome fvDds Restti¢ied funds 14 663 Unrestrlcted incoffle fundi Unr¢siri¢t¢d funds 131,860 106.814 Tot1 funds 14 131.860 107.477 The fi ncial staments on pages 5 14 were approveA by the tnjstw wMI authorised for issu¢ on Vanessa R¢Lsh&w TTUSte¢ The on pages 7 to 14 fonn an Intr1 pyrt of these financial statettKnts. Page 6
Open Door Stoke on Trent Notes to the Financial Statements for the Year Ended 31 December 2024 l Aeeountirtg polleie• Statement of tonJpiiADC The fIrnG131 5tr1emer)ts have been prepared in acconlance with Accounting and RerA)rting by Charitie5'. Stat¢m¢nt of R¢¢omm¢nded Prdctice applicable th chariiies prepari their accounts in accordance with the Fin2n¢i31 Reportittg Stsndard applicable in the UK a]Ml Republic of Ireland (FRS 1021 (effective l Jan4]ary 2019) - (Charitirs SORP IFRS 102)), th¢ FInala1 RyrtiO8 Stsndard applicable in the UK gnd Republi¢ of Ireland IFRS 1021 and the Charities Act 2011. BASIS prepargtlon Open Door Sioke on Trent meets th¢ d¢fmilioD of a public CDtity undc¥ FRS 102. The #LTounts (financial stat¢m¢ntsl hav¢ b¢¢n prqjared under the hisiorical cosi conv¢wion with itaDS rewgni%d ¥ ¢t or tralwtioo value unless Othe19¢ swted in th¢ r¢levant noic(sl to these accouuts. GfjlDg CQDe¢r# Th¢ tnJst¢¢8 ¢onsid¢r th&t there are llo material unc¢rt8intie5 th)ut th¢ ebarity'$ ability to ¢orttiiitse os & 80ing CL)nL¥rn. Incorne #nd eTrdt)T4Jlltnt$ Volunl8ry incom¢ ittcludin8 domiions, gift& legxi¢s and grdnts that provide corc funding or Are of a gencr81 nAwrc is recognised wh¢n the charity has eniitlemeni to the in¢omè it hs pn)babl¢ that the income will b¢ received and the amouni b¢ tnegsured with wfficiellt reliability. oftdle84¢les Donat20ns and legacies are recwised OD a riVable basis whell teceipt is probable and the amount can be relhably measured. Grants recefv4hle Cjrants are reco8niscd when the chority ha8 an entitleTnent to the funds and any ¢onditiOttS linked to the grAnts have been met. Where pcrfomiance ndItionS are wta¢hed to the Brant and are yet to be meL the income is reco8tiised as a liability and included on th¢ balance sheet gs deferroa income to be Teleased. Expendlture All expenditurr is r¢wsnis¢d on¢¢ there is a le8al or cons1nve obligation to that ¢Xp¢ndI¢u it is probabl¢ Settlement is required and the amount can be measured reliably. All costs are 8]l¢xated to the applicable expenditure hdIn8 that aggregate Similar to that category. WherE costs cannot be directly attributed to particular heading5 they hay¢ bceD ollotated on a basis eonsistent with the usc of r¢source5. wth centrnl staff osts allocatrd on th¢ b&sis of time spcnt. and depT¢¢ialion ¢harg¢s allocated on th¢ tM)rtion of thc &ksct'S USC. Other support costs are allocatcd based ot) the SPTe8d of styff costs. ChMrltsbl¢ aethiiti Ciwitable expenditure compTiKS thosc c05ts by the charity in the delivuy of its activities and services for tts beneficiaric5. It 1cludeS trt)th costs that be allated dirt¢tiy to sh adivities a1 those ¢osts of an ill(b"rt nature necessary to support thenL
OpeD Door Stoke OD Trent IYote5 to the Financial Statements for the Year Ended 31 Deeember 2024 {eontlnued) GoveTnance costs These include the Costs attributable io the cbarity's (x)mpliaoc¢ with ¢oDstitutional and stalory r¢quir¢rn¢nts, including audil stsategic managemeni and 1¢¢$ mcctings and r¢irnbursed ¢xp¢ns¢s. Taiatio The chan.ty is consid¢r¢d ts) pw th¢ t¢sts Set out in Paragwb I Schedule 6 of the Finallct Ari 2010 and therefore li meets the def1110 of a charitable company for UK COTporalion lax PUTP05es. Accordingly. the charity is poteDti8lly ex¢rnpt from t5311) ID tespeci of irt¢ome or capithl gains ceiVed wtthin caie8orie8 c4)vered by Chaptu 3 Part I l of the CoTFKlrntiOn Tax Ad 2010 01 s1*00 256 of thr Taxotion of Charg¥able Goins A¢t 1992. to the extent that such income or gains are opplied exclusivdy to cboritsbl¢ Putp)s. T%nglble flxed aJsetJ Individual fixcd assets c05ting £O.(KJ nM)re we itiitially recorded at cosL less any subwuent accumulated depreciation and $ubs¢queni uMulated impairnKnt losses. Depreclatlott amortlsatlon DepreLiation is providLNJ OD tangibk fLX1 uscts 50 a5 to write off the cost or valuaiiofy less emy estinwtd residual value, ovcr their expect&1 useful economic lifr as follows.. Tr8d¢ debto Trad¥ dlbtors 8r¢ wnjounts due from cwtomers fcff mercWs¢ sold or strvices wtornl in the ordinary course of bu5irtes Trade debtors are reco¥nis¢d inili411y at the tratiOn price. They aTe SubseqnY masur¢d 8t amortised cost using the effective int¢r¢st rnethod. less Provision for impoimM¢. A provision for the IMlM)ertt of trade debtors is establithed when there 1$ obje¢tive ¢viderKe that the charity will not be able to collect all amounts du¢ ry)rding the 0ri8iMI iernL8 of th¢ Tv¢¢ivabl¢& CJh5h and eash equlyalents Cash and cash equivalents wmprtse cLsh on hthThJ and call thp)sits. WKI oth¢r short-t¢rm highly liqutd investments thai ar¢ readily wnvertible to a known am(¢ of ¢ash and are wbj'ect to an insi8nifJcant risk of change in value. Fund 5trueture U]tre5trictcd income fitnds are geD¢TrI that are available for use at the tnte¢S di5ClI0n in furth¢rHnc¢ of the objectives of the ch8rity. RtrIcted income fillMLs thos¢ for in a particular area or for ScIfiC wposes, the we of which 15 restricted to that area or purpose.
Open Dr Stoke on Trent Iyotes to the Finaneial Statements for the Year Ended 31 Detember 2024 {coDtinued) 2 Ineomt frnm dou¢ion8 tsd legAeSes UTrrestrlcted Dd Ceneral Tot] 2024 Donations hnd legacies" Donations from indivÉduo1s 1.901 1,901 1.901 1,901 Unrestricted futtds G¢ner TotAI 2023 Donation9 and le8acies' t)onatiOnS from individua]s Grants. includin8 capilal 8rants'. Grdnts from other charitie$ 2.120 2.120 3.3 3.300 5,420 3 frtsm ¢hrllble #tliltles TndS GetserJ Tol81 2024 Rent Tempor Accomothtiott 456.229 456.229 Unrestrirted Tot1 2023 Gener1 Reni Temporary Accom¢)Jation 352,198 352.198 4 Income from other trading artivhl U*res¢rlrted nds General Totsl 2024 Trading ineome: Shop incotne from s¢ of donated atMI Serva 17,764 17,764 17,764 Total 2023
Open Dr Stoke on Tr¢nt Notes to the Financial StstemeDts for the Year Ended 31 December 2024 (continued) S RInditre chril•ble •ctlvities Actlvfity d¢rt8ken dlrectty 2024 Drop in expenses Rent & ReIT$ Offic¢ ¢X5¢S In5uranc¢ Advertisinpifrnining Motor Expenses Misc Supported Accomod8ti0 Waste TV Licence C115tomer Activiti 4,053 171.546 2.336 6.fA)5 2.693 2.354 919 99,975 694 798 969 5,321 116.258 848 9.714 2.215 23.353 4.053 171.546 2.336 6,605 2.fy93 2,354 919 99,975 694 7911 969 5.321 116.258 Council Tax Wa8es Payroll Charges CvmTtVIT Depreciation Charity Shop Expcn5CS 9,714 2.215 23.355 450.653 Activity lldertk¢ dlrectly 450,653 2023 Drop in expenses Rent & RepAiTS otyjce exp¢n8¢s Insuranc¢ Advenisingrrraining Motor ExpEL%es Misc Complex Need Servtce Supported A¢comodation WA$te TV Licenec Customer Aeiivities Council Tax WAge5 PAyroll Charges 5.541 146,580 15204 5.912 867 918 5.541 146.580 15.204 5,912 867 918 405 1.4S8 59,503 1,788 794 1,178 3.633 104.423 553 405 ,458 59.503 1,788 794 1,178 3,633 104,423 553 Page 10
Open Door Stoke on Trent Notes to the Financial Ststements for the Year Ended 31 December 2024 {contiDued) Adivity Rdertaken dirrftiy 2023 348.757 348.757 In addition to the expeDditurE analysed above. there art also gove costs of £820 (2023 £762) whith relate directly to charitable activities. See note for fither details. 6 Analysis ofgDvernance and support ¢05ts Gtsvern#net eosts Umrestiicted funds General Tot*1 2024 Ind¢pelldent examiner fffs Examination of the financial s¢M¢llts Depreciation, amortisati¢)n and other similar costs 858 2215 858 2.215 3.073 3,073 Unrestricted nds Genergl Total 21123 Indepetjdent exam1t fe Ex¥Mninaiion of the finynciai statements 820 820 820 820 7 Trusttts remllneradoD and expenses No tsusttts. Dor any P¢TSODS connected with hav¢ rweival ally tEtUUDerdtion [>M tbe charity during the No trustees bave received any reiEDbuEsed eKpeThw or any other benefits frotu the clwity dutiDg the ye. Page 11
Open Door Stoke on Trent Notes to the FiD4n¢i81 S¢atements for the Year Ended 31 Detember 2024 (continued) 8 Stsff eosts The ag8re8ate payroll costs were 88 follows.. 2024 2023 Stgifcost5 durlng the year were: Wages and lari¢s Pension ¢osts 115.780 478 103.454 969 116.258 No employee received emoluments of more thon £60.(W during the ye 9 Txxgtion The tharity is a registered charity and is therefore exew from taxation. 10 Tlnglble fixed $¢ CornPter ipment TotAI Cost Additions 11,073 11,073 At 31 December 2024 11,073 1,073 Deprechtlo ctlarse for the year At 31 December 2024 2.215 2,215 2,215 2,215 N¢t l)ook At 31 December 2024 8.858 8.858 11 Debtors 2024 2023 Prepayments 5,022 4,832 12 Cash and usb equlvaleDts 2024 2023 Cash bat 120.169 l(H,352 Page 12
Open Door Stoke on Trent Notes to the Finaneial Statements for the Year Ended 31 December 2024 (Continued) 13 Creditors: falling due within one year 2024 2023 A¢wls 2.189 1.707 14 Furtd8 Blnce #t 31 Dc¢emb¢r 2024 B#lAnte at I j##ry R¢Jour¢ eipended Tran3fer5 2024 resources Unrestrl¢t¢d fnd1 Unrestricted Funds 106,8 14 475,894 (451.511) 663 131.860 ReBtrleted fuDds Complex Needs Ser¥ice 663 663 107,477 47S,894 451.511 131,860 Bl##ee #t 31 Decernber Blnct ¢ I J*Dry 2023 Resource expended 2023 Unre9trleted fulldg GeJt¢rnl Unrestricted Funds 97.315 357,618 (348,119) 106,814 Res¢rl¢ted Complex N¢eds Swvi¢e 2,121 1.458 663 TO1 fvTrds 99,436 357.618 1349.577 107.477 The specifjc purposes for which the funds aye be opplied w¢ &9 frjllows: Complex Needs Service Funds to deliver the Safer Recovery Projed on behalf of the vulnerability hub at Newe4stle under Lyme Borough Coun¢Jl. Page 13
Open Door Stoke on Trent Notes to the FRDanclal Statsments for the Yur Ended 31 December 2024 (eontlnued) 15 ADlysis of ne¢ 458et8 between funds Unrertrlcted funds Cenerat Total fuBds at 31 December 2024 Tangible fixed assets CurreDt a5s¢ts Current liabilities 8.858 125.191 (2,1891 8.858 125,191 (2,1891 Totyl nel &wts 131.860 131,860 Umre5trieted funds Gtn¢r•l Total funds st JI December 2023 Restrkied fund8 Curyent ass¢ts Cyrr¢ni liabililies 108.521 663 109.184 1,707) Totsl net assets 106.814 663 107.477 16 Relted party tr*pctIONS There were no r¢l8ted P8Tty trgrbwlions in th¢ y¢4r. Pag¢ 14