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← Midshire Supported Housing Trust

2025-01-31-accounts

Charity Registration Number .' 1167887 MIDSHIRE SUPPORTED HOUSING TRUST TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IANUARY 2025

MIDSHIRE SUPPORTED HOUSING TRUST LEGAL AND ADMINISTrATIVE INFORMATION FOR THE YEAR ENDED 31 JANUARY 2025 Trustees Nadrah Mlr Amariit Singh Bhopal Asff Akram Charlty Numb•r 1167887 R•glst•r•d Offlc• 320 first Floor Wltton Road. Aston Blrmingham B6 6NX Ind•p•nd•nt Examln•r Keytax Accountants Ltd

MIDSHIRE SUPPORTED HOUSING TRUST CONTENTS FOR THE YEAR ENDED 31 JANUARY 2025 Trjstees, Report statement of ff nanclal Actlvltles Balance Sheet Notes to the Financial Statements

MIDSHIRE SUPPORTED HOUSING TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 JANUARY 2025 The trustees present thelr annual report and financial statements for the year ended 31 January 2025 . The trustees who are also dlrectors of the charlty for the purposes of the Companies Act 2006. present their report wlth the flnanclal statements of the charlty for the year ended 31 January 2020. The tru5tee5 have adopted the provlslons of Accountlng and Reportlng by Charltles: Statement of Recommended Practlce appllcable to charltSes preparlng their accounts In accordance wlth the Flnanclal Reportlng Standard appllcable in the UK and Republic of Ireland IFRS1021 leffectSve l January 20151. OBJEcfivES AND AcnvmES The Charity'5 Qbjertives are to work In partnershlp wlth Indlvldua15 wlth soclal and mental problems and communltle5 to maxSmlze the posltlve Impart we have on peoples Ilve5, promoting Independence and full partlclpat4on In soclety. In setting our oblectlves and planning our activities he Trustees have given careful consideration to the Charlty to commlsslon publlc beneflt guldance. ACHIEVEMENT AN peRFORMANCE Ch•rlt•bl• •ctlvltl•s Durlng the year under revlew the charlty has accommodated arKI supported 131 Indlvlduals. FINANCIAL REVIEW Flnanclal posltlon Durlng the reportlng perlod, the charlty recorded a deflclt of £98994. This deficlt prlmarlly 5tem5 from substantial Snvestments In bulldlng renovatlons and the ècqulsltlon of new equSpment and furnSshlngs for resldents. These Improvements were necessary to enhance the Ilvlng conditions ènd servlces provlded to our beneflclarles. At the end of the perlod, the charlty malntalned general fund5 amountlng to £146,115, Desplte the current deficlt, the trustees remain confldent In the charlty'5 financlal 5tabllSty due to the regLtlar funding ￿CeIved from the local authorfty. Th15 con515tent fundlng stream ensures that the charlty can meet Its operatlonal needs and gradually rebulld reserve5 over the comlng months. STRucfuRE. GOVERNANCE AND MANAGEMENT Gov•rnlng documént The charltyls controlled by Its governln9 document, a deed of trust, and constltutes a Ilmlted COm￿ny1 Ilmlted by guarantee, ès deflned by the Companie5 Act 2006. Appolntm•nt of trust￿5 lfrustees selection process 15 by Intervlew. Candldates are selected on the basls of thelr speclflc knowledge and experlence coverlng a wlde range of sk1115 Includlng soclal work. legal and f5nance wlth the purpose of bulldlng a team able to advlse and partlclpate In the running of the chadty. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company Number 08848785 IEngland and Walesl P8ge1of8

R•gistsred Charlty Number 1167887 R•gist•r•d Offlce 320 Hrst Floor Witton Road Aston Birniingham West Mldland5 B6 6NX Directors and Itrust•es The Dlrectors of the charftable company are Its Trustees for the purposes of charfty law. The followlng Dlrertors and Trustees served durlng the year.. A. Akrarn A.S. Bhopal N. Mlr Thls report was approved by the trustees and slgned an Its behalf by.. Ajlt Akram trust•• Date . 03 Novemb•r 2025 Page2of8

MIDSHIRE SUPPORTED HOUSING TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JANUARY 2025 Recommended categories by *ctlvlty Unrestrlrted funds Total Funds 2025 Total Funds 2024 Incom• and •ndowm•nts from: Donation5 and legacies 537,266.76 537.266.76 443.580.20 537.266.76 537,266.76 443.580.20 Exp•ndltur• on: Ra151ng fund5 101,629.38 101,629.38 42,725.08 Charitable activltles 41,213.88 41,213.88 68,843.10 Other 439,470.61 439,470,61 440,245.56 582,313.87 582,313.87 551.813.74 N•t Incom•l{•xp•ndltur•) 145.047.11) (45.047.111 1108.233.54) other recognlsed galns111055esl,' Other gaIn￿{lO$ses￿ 153,947.001 153,947.001 N•t mov•m•rt In tund• {98,994.11) (98.994.11) (108.Z33.541 Reconclllatlon of funds: Total funds brought forward 245,108.62 245.108.62 353.342.16 Totsl funds carrled forn•rd 146.114.51 146.114.51 245.108.62 Page3of8

MIDSHIRE SUPPORTED HOUSING TRUST BALANCE SHEET FOR THE YEAR ENDED 31 JANUARY 2025 Recommend•d categories by actlvity Hxed assets Total Funds 2024 Notes Unr•strlrted funds Total Funds 2Q25 Trnglble assets 9.464.66 9.464.66 32,175.66 Totsl flxed assets 9.464.66 9.464.66 32,175.66 Current assets Debtors 169,419.25 169.419.25 255,447.00 Cash at bank and In hand io 25.289.60 25,289.60 18,587.36 Total curr¢nt 45s8t$ 194.708.85 194,708.85 274.034.36 Credltors.. amounts falllny due wlthln one year Met rU￿￿t aJi•tslqll•bllltles) Trtal a¥¥•t• l•¥$ curr•nt Ilabllltl•• Creditors: amounts falling due after one year li 19.100.00 19,100.00 4,560.00 175.608.85 175.608.85 269,474.36 185,073.51 185.073.51 301,650.02 12 38,959.00 38.959.00 56,541.40 Total net •ssrts 146,114.51 146,114.51 245,108.62 Funds •f th• Ch•rlty Unrestrlcted funds 13 146.114.51 146.114.51 245,108.62 Restrlrted Income funds 13 Endowment funds 13 Thtal fund• 146,114.51 146,114.51 245,108.62 The financial statements Vdere approved by the trustee5 on 03 November 2025 and slgned on Its behalf by. Aslf Akram trust Date . 03 Nov•mb•r 2025 Page4of8

MIDSHIRE SUPPORTED HOUSING TRUST NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 JANUARY 2025 l. Accounting Policies The prlnclpal accountlng pollcles adopted by the Charlty, whlch Is a public benefit entlty. in the preparation of the accounts are as follows. 1.1 Basis of preparatlon These accounts have been prepared under the historical cost convention, as m¢)dified by the inclusion of charltsble properties and fixed asset investment5 and investment properties at valuation. These accounts have been prepared In accordance wlth -Accounting and Reporting by Charities: Statement of Recommended Practlce appllcable to charities preparing thelr accounts In accordarice with the Flnanclal Reportlng Standèrd applicable in the UK and Republic of Ireland IFRS 102). leffectlve l January 20191- Icharltles SORP IFRS 10211, the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland IFRS 1021 and the Charltles Act 2011. These actounts are presented In pound5 Sterllng and rounded to the nearest pound. 1.2 Golng con¢•rn The Trustees have prepared flnancièl projections, taklng Into conslderatlon the current economlc condltlons and have, at the tlme of approvlng these accounts. a reasonable expectatlon that the charlty has adequate resources to contlnue In operatlonal exlstence for the foreseeable future. Thus they contlnue to adopt the golng concern basls of accountlng In prepèrlng the accounts. 2. Income from Donatlons and Legacles An•ly¥lJ Unr•rtrlrt•d funds

t•l funds 2025 Totsl fund• 2024 Legacles 537,266.76 537,266.76 443,580.20 Totsl 537.266.76 537.266.76 443.580.20 3. Expendlture on Ralslng Funds Anal￿ Total funds 2025 Total funds 2024 Rent collectlon, property repalrs and malntenance char9e5 65,408.00 65,408.00 36,221.38 Support Costs 42,725.08 101,629.38 42.725.08 4. Expendlture on Charltable Artivitles Totsl funds 2025 Total funds 2024 Analysls Charlty management & admlnistratlon Charlty runnlng cost Bank charges Total 1.242.61 5,440.00 16,997.81 149.88 80.21 1.392.49 39.821.38 22.518.02 46.325.08 Support Costs 41,213.88 68.843.10 Pag85of8

  1. Support Costs Total funds 2025 Total funds 2024 Analysls Support Costs Wages and salaries Gov•rnance Costs 72.442.77 85,450.16 3,600.00 3.600.00 Accountants fees 76.042.77 89.050.16

  2. Other Exp•ndlture Unrestrfct•d funds Totsl fund$ 2025 Trtal funds 2024 Analysls 102.066.18 other Expenditure Depreciatlon Charge for the Year- Hxtures & Flttings Insurance 22,711.00 22.711.00 18.502.39 18,227.56 5.927.74 469.76 Ught and heat Travel and Motor 617.73 617.73 Rent 415,920.00 221.88 415.920.00 221.88 292.650.00 2,401.93 Telephone 439.470.61 439.470.61 440.245.56 Pa9e6of8

  3. Tangible Fixed Assets Flxtures & Flttlngs 7.1 Cost or valu•tlon At 01 February 2024 124.295.00 Addltlons 015P05a15 Revaluatlon5 Transfers At 31 January 2025 124.295.00 7.2 Depreclatlon and Imp&lrm•nt¥ At 01 February 2024 92,119.34 Charye for the year 22,711,00 Dlsposals Revaluatlons Transfers At 31 january 2025 114.830.34 7.3 N•t book v•lu• At 01 February 2024 32,175.66 At 31 January 2025 9.464.66

  4. Debtors: Amounts falllng due wlthln one year Total funds 2025 Total fund• 2024 Trade debtors other debtors 53.947.00 169.419.25 Total 1fj9.419.25 53.947.00
  5. Debtors: Amounts falllng due after one year Total fund¥ 2024 Other debtor5 p￿payrnents & accrued Income 131.500.00 70,000.00 201.500.00

  6. Cash at bank and In hand Totsl funds 2025 T•t*l funds 2024 Cash at bank and In hand 25,289.60 25,289.60 18.587.36 18.587.36 Paoe7of8

  7. Credltors: Amounts falllng due withln one year Total fvndj 2025 Total tunds 2024 Trade credito Taxation and social securlty Total IB.000.00 i.ioo.00 19.100.00 3.600.00 960.00 4.560.00

  8. Credltors: Amounts falllng due after one year Total funds 1025 Total funds 2024 Bank loans and overdrafts other creditor5 38.959.00 38,959.00 17,582.40 56.541.40 Total 38.959.00
  9. Charlty funds 13.1 Detalls ot materlal funds held and movements durlng the CURRENT reportlng perlod Fund bal•nces carrled forward Fund b•lanc•s brought forward Incom• Exp•ndltur• Transf•r• Galn• and losses Fund names Unrn$trlct•d fvnd• 245,100.62 537,266.76 582,313.87 153.947.00) 146.114.51 245,108.02 537.266.76 582.313.87 (53,947.001 146 114.51 13.2 Dotalls of materlal funds held and movements durlng the PREVIOUS r•portlng perlod Pund Fund G•lnJ and losJ•• Incom• Exp•ndltur• Transf•r• Fund n•m brought fonv•rd c*rrfed forward Unr•strlrt•d funds 353.342.16 353,342.16 443.580.20 443 580.20 551,813.74 551.813.74 245 108.62 245.108.62 Page8of8