REGISTERED CHARITY NUMBER: 1166530
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 March 2024
for
Supporting Homeless, Assisting Refugees Everywhere
Haines Watts Military House 24 Castle Street Chester Cheshire CH1 2DS
Supporting Homeless, Assisting Refugees Everywhere
Contents of the Financial Statements for the Year Ended 31 March 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 6 |
| Independent Examiner's Report | 7 | ||
| Statement of Financial Activities | 8 | ||
| Statement of Financial Position | 9 | ||
| Notes to the Financial Statements | 10 | to | 19 |
| Detailed Statement of Financial Activities | 20 |
Supporting Homeless, Assisting Refugees Everywhere
Report of the Trustees for the Year Ended 31 March 2024
The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
The Trustees present their report with the financial statements of the charity for the year ending 31 March 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
This report and the accompanying financial statements, as of 31 March 2024, are presented by the SHARE Board of Trustees.
Board Oversight and Recruitment
During any financial year, the monitoring of roles and responsibilities and consequent requirements is undertaken regularly to identify any gaps within the Board of Trustees. This year's review led to the recruitment of a new trustee responsible for Health and Safety.
Homeless Services
SHARE's local mission is to help individuals experiencing homelessness transition from the streets into stable accommodation. We continue to provide daytime services and support to homeless families and individuals in the local area. In November 2023, we moved from our Outreach Hub to collaborate with another Chester-based homeless charity, CATH, at their premises in the city centre.
This move was necessitated by the need to operate our outreach services from a building meeting appropriate standards. By joining forces with another charity, we continue to provide and distribute essential items, such as warm bedding, clothes, toiletries, and food. We also offer a daily drop-in facility to guide clients unfamiliar with the processes involved. This multi-agency approach helps individuals transition from the streets to emergency housing services or supported living centres.
Direction is also provided for accessing services for mental health, substance abuse, general health care, and financial security. Our weekly, volunteer-led art club is a positive way to reduce stress, foster social connections, and promote self-discovery. This welcoming and inclusive space significantly reduces social isolation among a diverse group of individuals.
Over the first financial quarter, 3,000 meals were served, and we witnessed a 120% increase in visits to Outreach, highlighting the need for larger premises:
- April: 512 visits - May: 876 visits - June: 1,129 visits
Sadly, the demand for our services continues to grow, and the Trustees are actively seeking new and larger premises for the next financial year.
Warehouse and Refugee Support
The SHARE Warehouse in Mold, Flintshire, assists refugee families in the local area who have secured accommodation but do not have the resources to furnish and equip their new homes. SHARE provides furniture, household essentials, clothing, toys, and books in a calm, quiet, and respectful environment. We also accept referrals from local agencies for families and individuals in difficult circumstances, who arrange private visits to access our resources.
International Aid
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Supporting Homeless, Assisting Refugees Everywhere
Report of the Trustees for the Year Ended 31 March 2024
Internationally, SHARE sent £5,000 in August to the Hope Project in Lesvos, Greece. This project provides aid and support for those fleeing conflict, facing injustice, poverty, or persecution. Approximately 30 refugee families benefit from this assistance during their time on Lesvos. The funds received play a vital role in acquiring essential resources and offering two nutritious meals daily to those in need.
Housing Provisions
SHARE owns a three-bedroom house, funded through donations, which is let to the local authority's service provider. We collaborate with them to support the occupants of the house based on their individual circumstances.
Fundraising Efforts
The SHARE team is dedicated to fundraising efforts to ensure the financial sustainability of our charity and its services. Our operations are primarily funded through contributions from local organisations, individual donations, corporate sponsorships, and profits from our retail shop and café.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of SHARE are to provide basic aid, support, and advice to:
-
Refugees in need, both locally and internationally.
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Individuals experiencing homelessness across Cheshire and Flintshire (as defined by The Homeless Reduction Act 2017).
The Trustees have paid due regard to guidance issued by the Charity Commission when deciding which activities the charity should undertake.
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Supporting Homeless, Assisting Refugees Everywhere
Report of the Trustees for the Year Ended 31 March 2024
OBJECTIVES AND ACTIVITIES Significant activities
April 2023
- Launch of the "Buy a Brick" campaign to enable the charity to purchase a second house to shelter and support three individuals experiencing homelessness.
May 2023
-Introduction of two payment terminals, "Just Tap to Give," in Chester city centre, enabling people to easily donate £3 per tap to the charity.
- Participation as a chosen charity in the 47th Chester Raft Race, resulting in a generous donation of £4,400.
July 2023
-
Recruitment of a Charity Manager to oversee the expanding activities of the charity. The appointment of one of our volunteers, who had spearheaded several successful fundraising campaigns and led the move and establishment of the new Share Shop, is critical to our future success in fostering new partnerships and expanding SHARE's work in the community and abroad.
-
Collaboration began with a nearby community food club. This initiative addresses two key issues: food waste and food poverty, by diverting perfectly good food away from landfill to benefit the local community food is collected from large supermarkets in the area and helps SHARE feed the growing number of homeless individuals using the day centre.
August 2023
SHARE collaborates with Chester Racecourse to distribute leftover food from race days. In cases where races are cancelled due to inclement weather, SHARE collects and distributes up to 1,000 food boxes to individuals living in temporary accommodation throughout the city.
November 2023
-
Participation in the Lord Mayor's Firework Display, organised by Chester Racecourse, resulted in a donation of £10,366. - "Our Voice" Initiative. An opportunity to give a voice to individuals in Chester who are, or have been, homeless. SHARE posts accounts on social media of why people have become homeless, in their own words, to foster understanding of the varied circumstances and backstories of our clients.
-
SHARE Outreach moved from its rented premises in the city centre due to health and safety issues and began collaborating with CATH - Chester Aid to the Homeless, who agreed to host SHARE's outreach services five days a week. The search for alternative accommodation is ongoing.
December 2023
-
Thanks to the generous support of a local restaurateur, Christmas dinner was provided for 50 individuals in his restaurant. Staff and volunteers worked hard to make the experience special.
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In partnership with Chester's Storyhouse theatre, families in temporary accommodation were offered free tickets to the Christmas Pantomime.
-
Volunteers at the Mold Warehouse prepared over 50 gift bags for refugee children in the area.
January 2024
- Receipt of £7,000 from Cheshire West and Chester Council, a return of the balance of funds for the Ukraine Visa Families Scheme. Trustees decided to allocate these funds for white goods for families moving into their own accommodation or for counselling support for Ukrainian children.
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Supporting Homeless, Assisting Refugees Everywhere
Report of the Trustees for the Year Ended 31 March 2024
FINANCIAL REVIEW
Financial position
Following a review of the 'Reserve Policy' by SHARE Trustees in March 2017, all monies donated to SHARE for specific purposes, such as the SHARE 'Suspended Coffee Scheme' or the 'Sponsor-a-Sack-of-Aid Scheme,' are ringfenced for those purposes alone.
General donations made to SHARE are divided between SHARE's services for homeless individuals and refugees, with funds being retained and earmarked as appropriate to achieve this balance.
The SHARE Trustees are committed to protecting the financial viability and continuation of the organisation by maintaining adequate reserves. In accordance with Charity Commission and NCO good practice guidelines, a portion of this period's income has been allocated to reserves.
The purpose of maintaining adequate reserves is as follows:
-
To ensure continuity of cash flow (e.g., to cover delays in revenue funding).
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To cover unforeseen circumstances.
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To provide opportunities to attract or identify alternative funding.
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To ensure that, should funding cease, the organisation can fulfil all financial and legal obligations when wound up.
The Board of Trustees reviews the reserves annually. Unless otherwise agreed, the Board will endeavour to maintain a minimum reserve equivalent to six months' running costs of the organisation.
Reserves policy
The Trustees have assessed the major risks to which the charity is exposed and are satisfied. The policy is to maintain unrestricted funds equivalent to three to six months' expenditure to ensure continuity in the face of financial challenges.
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Supporting Homeless, Assisting Refugees Everywhere
Report of the Trustees for the Year Ended 31 March 2024
FUTURE PLANS
-
Education and public awareness about the rise in homelessness and refugee numbers remain central to our mission. Efforts will focus on engaging communities and driving meaningful change.
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Dedicated to supporting individuals facing homelessness and refugees in need, ensuring their immediate and long-term requirements are met.
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Will continue to respond swiftly and effectively to aid requests in European refugee camps, strengthening collaborations with local and international organisations to maximise impact.
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Plans to secure increased funding to source aid locally, reducing the carbon footprint of deliveries and contributing to local economies.
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Intends to enhance fundraising efforts to expand supported housing options for homeless individuals while sustaining vital humanitarian aid initiatives.
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Focused on building strong partnerships to improve services and advocate for the needs of both local homeless individuals and resettled refugees.
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Seeks to establish a larger, more effective 'drop-in' centre in Chester, improving its ability to provide advocacy and support services.
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Will pursue funding to appoint a homeless manager and cover associated operational costs, strengthening organisational efficiency.
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Committed to offering high-quality training for staff and volunteers, fostering a safe, inclusive, and enriching environment to enhance service delivery and volunteer experiences.
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Actively promotes awareness of the refugee crisis and homelessness, encouraging public engagement and understanding.
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Aims to strengthen governance through strategic collaboration, professional training, and local mentorship to improve organisational effectiveness.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1166530
Principal address
Share Charity 30 Pepper Street Chester Cheshire CH1 1DF
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Supporting Homeless, Assisting Refugees Everywhere
Report of the Trustees for the Year Ended 31 March 2024
Trustees
A J Dandy Mrs R E Adams P G Makinson Ms K A Saxon Mrs S C Danby (appointed 1.12.23) Ms M Hogg (appointed 7.7.23)
Independent Examiner
Steven Mark Greensill FCA Haines Watts Military House 24 Castle Street Chester Cheshire CH1 2DS
Approved by order of the board of trustees on 10 December 2024 and signed on its behalf by:
A J Dandy - Trustee
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Independent Examiner's Report to the Trustees of Supporting Homeless, Assisting Refugees Everywhere
Independent examiner's report to the trustees of Supporting Homeless, Assisting Refugees Everywhere
I report to the charity trustees on my examination of the accounts of Supporting Homeless, Assisting Refugees Everywhere (the Trust) for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set 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 of 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.
Steven Mark Greensill FCA
Haines Watts Military House 24 Castle Street Chester Cheshire CH1 2DS
10 December 2024
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Supporting Homeless, Assisting Refugees Everywhere
Statement of Financial Activities for the Year Ended 31 March 2024
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 134,138 Charitable activities Charitable rent income 14,820 Other income - Total 148,958 EXPENDITURE ON Charitable activities Event expenses 3,729 Homeless expenses 62,391 Refugee costs 12,773 Insurance - Operational costs 47,048 Van expenses 2,472 Contributions to shop costs - Ukraine - Other 6,747 Total 135,160 NET INCOME/(EXPENDITURE) 13,798 Transfers between funds 8 (397) Net movement in funds 13,401 RECONCILIATION OF FUNDS Total funds brought forward 115,682 TOTAL FUNDS CARRIED FORWARD 129,083 |
Restricted funds £ 16,884 - - 16,884 - 27,934 (7,000) - 119 - - - - 21,053 (4,169) 897 (3,272) 147,905 144,633 |
31.3.24 Total funds £ 151,022 14,820 - 165,842 3,729 90,325 5,773 - 47,167 2,472 - - 6,747 156,213 9,629 500 10,129 263,587 273,716 |
31.3.23 Total funds £ 141,745 14,820 1,200 157,765 4,379 6,323 102,320 734 14,473 2,470 5,115 17,830 6,747 160,391 (2,626) - (2,626) 266,213 263,587 |
|---|---|---|---|
The notes form part of these financial statements
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Supporting Homeless, Assisting Refugees Everywhere
Statement of Financial Position 31 March 2024
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 4 17,175 Investments 5 3 17,178 CURRENT ASSETS Debtors 6 42,295 Cash at bank 73,039 115,334 CREDITORS Amounts falling due within one year 7 (3,429) NET CURRENT ASSETS 111,905 TOTAL ASSETS LESS CURRENT LIABILITIES 129,083 NET ASSETS 129,083 FUNDS 8 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ 115,483 - 115,483 - 29,150 29,150 - 29,150 144,633 144,633 |
31.3.24 Total funds £ 132,658 3 132,661 42,295 102,189 144,484 (3,429) 141,055 273,716 273,716 129,083 144,633 273,716 |
31.3.23 Total funds £ 139,405 3 139,408 35,213 92,941 128,154 (3,975) 124,179 263,587 263,587 115,682 147,905 263,587 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 10 December 2024 and were signed on its behalf by:
A J Dandy - Trustee
The notes form part of these financial statements
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Supporting Homeless, Assisting Refugees Everywhere
Notes to the Financial Statements for the Year Ended 31 March 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
- Motor vehicles - 22% on cost
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
continued...
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Supporting Homeless, Assisting Refugees Everywhere
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
3. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 116,224 Charitable activities Charitable rent income 14,820 Other income 1,200 Total 132,244 EXPENDITURE ON Charitable activities Event expenses 4,379 Homeless expenses 6,296 Refugee costs 101,663 Insurance 734 Operational costs 9,096 Van expenses 2,470 Contributions to shop costs 5,115 Ukraine 153 Other 6,747 Total 136,653 NET INCOME/(EXPENDITURE) (4,409) RECONCILIATION OF FUNDS Total funds brought forward 120,091 TOTAL FUNDS CARRIED FORWARD 115,682 |
Restricted funds £ 25,521 - - 25,521 - 27 657 - 5,377 - - 17,677 - 23,738 1,783 146,122 147,905 |
Total funds £ 141,745 14,820 1,200 157,765 4,379 6,323 102,320 734 14,473 2,470 5,115 17,830 6,747 160,391 (2,626) 266,213 263,587 |
|---|---|---|
continued...
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Supporting Homeless, Assisting Refugees Everywhere
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
| 4. TANGIBLE FIXED ASSETS COST At 1 April 2023 and 31 March 2024 DEPRECIATION At 1 April 2023 Charge for year At 31 March 2024 NET BOOK VALUE At 31 March 2024 At 31 March 2023 5. FIXED ASSET INVESTMENTS MARKET VALUE At 1 April 2023 and 31 March 2024 NET BOOK VALUE At 31 March 2024 At 31 March 2023 There were no investment assets outside the UK. 6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Other debtors Prepayments |
Freehold property £ 115,483 - - - 115,483 115,483 |
Motor vehicles Totals £ £ 30,669 146,152 6,747 6,747 6,747 6,747 13,494 13,494 17,175 132,658 23,922 139,405 Shares in group undertakings £ 3 3 3 31.3.24 31.3.23 £ £ 9,814 - 28,225 35,213 4,256 - 42,295 35,213 |
|---|---|---|
continued...
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Supporting Homeless, Assisting Refugees Everywhere
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade creditors Other creditors MOVEMENT IN FUNDS Unrestricted funds General fund Designated fund Restricted funds House fund Albert Hunt Grant (Support Worker Grant) Winter Support Grant (CWVA) Marjory Boddy Christmas Appeals Sponsor James Macks Poetry Ukraine Art Club Airbus Grant Big Lottery Fund HK House Fund Sponsor Anne Community Fund 20198057 House 2 Covid-19 CCF Winter HS Ford Motors Ubuntu CBC Virgin Money UKSPF TOTAL FUNDS |
At 1.4.23 £ 82,745 32,937 115,682 115,483 7,000 223 3,000 316 217 877 5,163 615 241 216 1,038 83 9,500 3,063 11 859 - - - - 147,905 263,587 |
Net movement in funds £ 31,946 (18,148) 13,798 (908) (6,961) (8) (2,951) (81) - (840) 7,000 (87) - - - - (9,525) 4,483 - (46) 2,651 1,500 (63) 1,667 (4,169) 9,629 |
31.3.24 £ 3,427 2 3,429 Transfers between funds £ (31,283) 30,886 (397) 908 (39) - (49) - - - - - - - (1,038) - 25 1,038 (11) - - - 63 - 897 500 |
31.3.23 £ 2,695 1,280 3,975 At 31.3.24 £ 83,408 45,675 |
|---|---|---|---|---|
| 129,083 115,483 - 215 - 235 217 37 12,163 528 241 216 - 83 - 8,584 - 813 2,651 1,500 - 1,667 |
||||
| 144,633 | ||||
| 273,716 |
8. MOVEMENT IN FUNDS
continued...
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Supporting Homeless, Assisting Refugees Everywhere
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
8. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Designated fund Restricted funds House fund Albert Hunt Grant (Support Worker Grant) Winter Support Grant (CWVA) Marjory Boddy Christmas Appeals Macks Poetry Ukraine Art Club Community Fund 20198057 House 2 Winter HS Ford Motors Ubuntu CBC Virgin Money UKSPF TOTAL FUNDS |
Incoming resources £ 94,931 54,027 148,958 180 - 5,500 - - - - - - 4,553 - 2,651 1,500 500 2,000 16,884 165,842 |
Resources Movement expended in funds £ £ (62,985) 31,946 (72,175) (18,148) (135,160) 13,798 (1,088) (908) (6,961) (6,961) (5,508) (8) (2,951) (2,951) (81) (81) (840) (840) 7,000 7,000 (87) (87) (9,525) (9,525) (70) 4,483 (46) (46) - 2,651 - 1,500 (563) (63) (333) 1,667 (21,053) (4,169) (156,213) 9,629 |
|---|---|---|
continued...
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Supporting Homeless, Assisting Refugees Everywhere
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
8. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Designated fund Restricted funds House fund Albert Hunt Grant (Support Worker Grant) Winter Support Grant (CWVA) Marjory Boddy Christmas Appeals Sponsor James Macks Poetry Ukraine Art Club CO-OP Airbus Grant Big Lottery Fund HK House Fund Sponsor Anne Community Fund 20198057 House 2 Covid-19 CCF Winter HS TOTAL FUNDS |
At 1.4.22 £ 94,005 26,086 120,091 115,483 - 223 - - - 872 14,467 1,000 250 241 216 1,038 83 9,500 1,779 11 959 146,122 266,213 |
Net movement in funds £ (11,260) 6,851 (4,409) - 7,000 - 3,000 316 217 5 (9,304) (385) (250) - - - - - 1,284 - (100) 1,783 (2,626) |
At 31.3.23 £ 82,745 32,937 |
|---|---|---|---|
| 115,682 115,483 7,000 223 3,000 316 217 877 5,163 615 - 241 216 1,038 83 9,500 3,063 11 859 |
|||
| 147,905 | |||
| 263,587 |
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Supporting Homeless, Assisting Refugees Everywhere
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
8. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Designated fund Restricted funds Albert Hunt Grant (Support Worker Grant) Winter Support Grant (CWVA) Marjory Boddy 8 Wellington Place Costs Christmas Appeals Sponsor James Macks Poetry Ukraine Art Club CO-OP House 2 Winter HS TOTAL FUNDS |
Incoming resources £ 102,997 29,247 132,244 7,000 4,000 3,000 886 515 217 5 8,614 - - 1,284 - 25,521 157,765 |
Resources Movement expended in funds £ £ (114,257) (11,260) (22,396) 6,851 (136,653) (4,409) - 7,000 (4,000) - - 3,000 (886) - (199) 316 - 217 - 5 (17,918) (9,304) (385) (385) (250) (250) - 1,284 (100) (100) (23,738) 1,783 (160,391) (2,626) |
|---|---|---|
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Supporting Homeless, Assisting Refugees Everywhere
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
8. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Designated fund Restricted funds House fund Albert Hunt Grant (Support Worker Grant) Winter Support Grant (CWVA) Marjory Boddy Christmas Appeals Sponsor James Macks Poetry Ukraine Art Club CO-OP Airbus Grant Big Lottery Fund HK House Fund Sponsor Anne Community Fund 20198057 House 2 Covid-19 CCF Winter HS Ford Motors Ubuntu CBC Virgin Money UKSPF TOTAL FUNDS |
At 1.4.22 £ 94,005 26,086 120,091 115,483 - 223 - - - 872 14,467 1,000 250 241 216 1,038 83 9,500 1,779 11 959 - - - - 146,122 266,213 |
Net movement in funds £ 20,686 (11,297) 9,389 (908) 39 (8) 49 235 217 (835) (2,304) (472) (250) - - - - (9,525) 5,767 - (146) 2,651 1,500 (63) 1,667 (2,386) 7,003 |
Transfers between funds £ (31,283) 30,886 (397) 908 (39) - (49) - - - - - - - - (1,038) - 25 1,038 (11) - - - 63 - 897 500 |
At 31.3.24 £ 83,408 45,675 |
|---|---|---|---|---|
| 129,083 115,483 - 215 - 235 217 37 12,163 528 - 241 216 - 83 - 8,584 - 813 2,651 1,500 - 1,667 |
||||
| 144,633 | ||||
| 273,716 |
continued...
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Supporting Homeless, Assisting Refugees Everywhere
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
8. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Designated fund Restricted funds House fund Albert Hunt Grant (Support Worker Grant) Winter Support Grant (CWVA) Marjory Boddy 8 Wellington Place Costs Christmas Appeals Sponsor James Macks Poetry Ukraine Art Club CO-OP Community Fund 20198057 House 2 Winter HS Ford Motors Ubuntu CBC Virgin Money UKSPF TOTAL FUNDS |
Incoming resources £ 197,928 83,274 281,202 180 7,000 9,500 3,000 886 515 217 5 8,614 - - - 5,837 - 2,651 1,500 500 2,000 42,405 323,607 |
Resources Movement expended in funds £ £ (177,242) 20,686 (94,571) (11,297) (271,813) 9,389 (1,088) (908) (6,961) 39 (9,508) (8) (2,951) 49 (886) - (280) 235 - 217 (840) (835) (10,918) (2,304) (472) (472) (250) (250) (9,525) (9,525) (70) 5,767 (146) (146) - 2,651 - 1,500 (563) (63) (333) 1,667 (44,791) (2,386) (316,604) 7,003 |
|---|---|---|
continued...
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Supporting Homeless, Assisting Refugees Everywhere
Notes to the Financial Statements - continued for the Year Ended 31 March 2024
9. RELATED PARTY DISCLOSURES
As at 31 March 2024, Share Shops Limited owed Supporting Homeless, Assisting Refugees Everywhere £28,224 (2023: £33,427). Share Shops Limited is a wholly owned subsidiary company of Supporting Homeless, Assisting Refugees Everywhere. This balance is included within other debtors.
Subsequent to the year end, the charity received a donation from Share Shops Limited of £32,193 (2023: £27,567).
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Supporting Homeless, Assisting Refugees Everywhere
Detailed Statement of Financial Activities for the Year Ended 31 March 2024
| 31.3.24 | 31.3.23 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 137,203 | 121,388 |
| Grants | 13,819 | 20,357 |
| 151,022 | 141,745 | |
| Charitable activities | ||
| Rental income | 14,820 | 14,820 |
| Other income | ||
| Other income | - | 1,200 |
| Total incoming resources | 165,842 | 157,765 |
| EXPENDITURE | ||
| Charitable activities | ||
| Refugee costs | 2,672 | 102,320 |
| Homeless expenses | 90,325 | 6,278 |
| Insurance | 86 | 734 |
| Operational costs | 51,560 | 14,473 |
| Event expenses | 3,729 | 4,379 |
| Van expenses | 1,094 | 2,470 |
| Contribution to shop costs | - | 5,115 |
| Ukraine | - | 17,875 |
| 149,466 | 153,644 | |
| Other | ||
| Motor vehicles | 6,747 | 6,747 |
| Total resources expended | 156,213 | 160,391 |
| Net income/(expenditure) | 9,629 | (2,626) |
This page does not form part of the statutory financial statements
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