**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**
Page 1
## **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:
1. Refugees in need, both locally and internationally.
2. 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.
Page 2
**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.
- 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.
Page 3
**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).
- To cover unforeseen circumstances.
- To provide opportunities to attract or identify alternative funding.
- 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.
Page 4
## **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.
- Dedicated to supporting individuals facing homelessness and refugees in need, ensuring their immediate and long-term requirements are met.
- Will continue to respond swiftly and effectively to aid requests in European refugee camps, strengthening collaborations with local and international organisations to maximise impact.
- Plans to secure increased funding to source aid locally, reducing the carbon footprint of deliveries and contributing to local economies.
- Intends to enhance fundraising efforts to expand supported housing options for homeless individuals while sustaining vital humanitarian aid initiatives.
- Focused on building strong partnerships to improve services and advocate for the needs of both local homeless individuals and resettled refugees.
- Seeks to establish a larger, more effective 'drop-in' centre in Chester, improving its ability to provide advocacy and support services.
- Will pursue funding to appoint a homeless manager and cover associated operational costs, strengthening organisational efficiency.
- Committed to offering high-quality training for staff and volunteers, fostering a safe, inclusive, and enriching environment to enhance service delivery and volunteer experiences.
- Actively promotes awareness of the refugee crisis and homelessness, encouraging public engagement and understanding.
- 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
Page 5
## **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
Page 6
## **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:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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
Page 7
## **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
Page 8
## **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
Page 9
**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...
Page 10
## **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...
Page 11
## **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...
Page 12
## **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...
Page 13
## **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...
Page 14
## **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|
Page 15
continued...
## **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)|
|---|---|---|
Page 16
continued...
**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...
Page 17
## **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...
Page 18
**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).
Page 19
## **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
Page 20