2025-09-30-accounts

Report and accounts for the year ended 30

Transom Trust CIO September 2025

Transom Trust CIO

Report and accounts

30 September 2025

Registered charity # 1169244

Report and accounts for the year ended 30

Transom Trust CIO September 2025

Contents

	Page
Charityinformaton	3
Objects and actvityof the charity	4
Financial review	5
Operatonal review	6
Statement of Trustees’ responsibilites	11
Report of the independent examiner	12
Statement of fnancial actvites	14
Balance Sheet	15
Notes to the accounts	16

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Charity information

The charity is registered with the Charity Commission in England and Wales – number 1169244.

The charity is also known by its operational name of Transom Trust.

Legal structure

Transom Trust CIO is constituted as Charitable Incorporated Organisation (CIO) in England & Wales. The governing document is its constitution as approved by the Charity Commission in England and Wales. There are no restrictions in governing documents on the operation of the charity or on its investment powers other than those required by law.

Principal operating address and contact information

Hastings Centre The Ridge Hastings East Sussex TN34 2SA Email: [e-mail] Website: TransomTrust.org.uk

Trustees

The following persons served as Trustees served during the year and subsequently. Mr M Scarlett (retired March 2025)

Mr S Young Mrs J M Acott Ms V Burt (appointed 19 December 2024) Mrs S A Jenner (appointed 7 July 2025) Mrs K Warren (appointed 7 July 2025)

All the trustees are members of the charity.

Operations Manager

Mr A Garlick (retiring 15 September 2026 Ms Alexandra Pop (appointed 1 June 2026)

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Objects and activity of the charity

The purpose of the charity

The purpose of the charity is the relief of adults who are in conditions of need of hardship including persons suffering from homelessness and mental illness in East Sussex, by such charitable means as the Trustees see fit from time to time showing Christ’s love in action.

The main activities undertaken during the year to further the charity's purpose for the public benefit

All properties were utilised in providing supported accommodation to previously homeless men unite ongoing pastoral support has been offered with each resident having a dedicated pastoral worker who aims to meet regularly with his allocated client

The Trustees confirmed that they have referred to the guidance contained in the Charity Commission's guidance on public benefit and reviewing the charity's aims and objectives and in considering future activities of the charity.

Structure and governance and management of the charity

• Methods used to recruit and appoint new charity trustees

• The first trustees were appointed from a supporters group comprising individuals experienced in dealing with homeless issues in the Hastings area. New trustees have been appointed from the supporters’ group through awareness raising events and word of mouth. It would be necessary for future trustees to have awareness of homelessness issues or possess particular skills that would benefit the charity.

• How the charity makes decisions and how decisions are delegated

• The trustees meet regularly with the operations manager to consider all matters to do with the day-to-day running and development of the charity stop regular updates are received from the pastoral workers and housing manager and decisions are made accordingly.

• The charity as a part of a wider network

• Transom Trust is a partner organisation of Green Pastures Housing (charity number 1131468). We enjoy good working relationships with Hastings Borough Council, Rother District Council, the Probation Service, East Sussex Temporary Accommodation and Refuge, Seaview project, Bexhill Homeless Unity Group and Brighton Housing Trust.

• In addition a representative of Transom Trust has attended local housing forums, spoken at local churches and met with other local referring agencies.

The charity's relationship with related parties

The properties used by Transom Trust are purchased by Green Pastures Housing and leased to the charity at a commercial rent on 7 year renewable leases. Representatives of Green Pastures provide ongoing support when it needed an access to a bank of draft documentation dealing with all aspects of the work that we are engaged in. We are again grateful for their support in coping with the challenges that arose during the year.

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Financial review

The operating loss of £4,442 for 2024/25 was largely due to:

• A reduction in income of £35.4k of which the main component was a £21k decrease in grant funding

• This was offset in part due to reduction in expenditures of £17k although these included an £3k increase in sundry expenses

Looking to 2025/26 both income and expenditure will increase due to:

• Taking on a new property at Elphinstone Avenue;

• An overlap of salary costs during the handover period of three months for the Operations Managers from the current incumbent to his successor.

Policies on reserves

The charity has a reserves policy which aims for unrestricted reserves to be held to cover the cost of its daily operations for a minimum period of three months.

Availability an adequacy of assets of each of the funds

The board of trustees is satisfied that the charities in each fund are available and adequate to fulfil its obligations in respect of each fund.

The principal funding sources in the year and how these support the key objectives of the charity

Exempt accommodation status

As our residents are provided with supported housing, the charity is recognised by Hastings Borough Council and Rother District Council as what is known as a provider of exempt accommodation. This means that:

• housing benefits are increased to a higher level to cover some of the additional costs of providing accommodation to residents who need additional support to maintain their accommodation.

• over income received therefore covers not only the cost of our head leases but also many of our other property specific costs such as repairs and maintenance and utility bills

This enables the charity to use most of the donations it receives from individuals, local churches and other grant giving bodies to fund our operations manager and finance manager together with the cost of providing other support to our residents and to also fund the works needed to get additional properties ready for residents to move in

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Operational review of the year

After a year of consolidation, we are now ready to move forward again. The Trust has focussed its time on supporting and progressing our current residents through their ongoing challenges and tough times. We have seen some tangible progress in the lives of our residents – with two very near to progressing to independent living. At the same time, the Trust has: adapted its practices; and continued to look at a number of strategic options (which will: benefit and shape the Trust’s future; and diversify and expand our provision). We have also continued to:

• look after our team of volunteers;

• provide a high level of support for our residents;

• maintain our properties to a good standard;

• manage our charity with financial integrity; and

• enjoy (and benefit from) good working relations with all of our key partners.

Introduction

Transom Trust is a supported housing project housing people without discrimination or favour. We exist to provide supported accommodation - always working hard to enable our residents to take their next step forward in their lives.

Headlines

In the last 12 months, Transom Trust have:

• continued to provide a high level of support to our residents, and a good level of accommodation, in our three properties in St Leonard’s and Bexhill. All of our resident’s Support Plans are up to date, or in the process of being updated;

• said “good-bye” to three of our team, including our excellent treasurer (who retired after 8 years, having helped set up the Trust);

• welcomed a new pastoral volunteer, who replaced a retiree, plus three new trustees to strengthen our Board. The role of Chair continues to be fulfilled on a rolling/shared basis;

• transferred the treasurer’s financial responsibilities to our paid Finance Support and Development role;

• been effective in preparing a current resident to progress to independent living, which will be from 14[th] October;

• received 14 referrals from our Referral Agencies (see the list of Referral Agencies later in this report), plus 23 other enquiries. This means that we have a waiting list for the imminent supported housing placements that may arise;

• work with Green Pastures CBS Ltd to review the leases and rent sheets for our current properties, while ensuring a previous flat in central Bexhill was ready for sale by Green Pastures;

• worked closely with Hastings Council, who:

• conducted a comprehensive and thorough review of our supported housing provision in their borough and confirmed our sound and robust operations;

• agreed the lease and rent increase for both 26 and 39 Bayeux Court;

• agreed the lease and rent increase for 2 Salisbury Road with Rother District Council;

• continued to liaise and work well with both our local authorities and related support agencies – eg with:

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• Hastings and Rother Councils to consolidate our supported housing provision while protecting the public purse with housing benefit;

• other homeless-related agencies – eg: Bexhill Homeless Unity Group, Seaview Project and Warming Up The Homeless;

• Probation Services to enhance the support for one of our residents;

• ESTAR (East Sussex Temporary Accommodation and Refuges) to make the most of their employability events, training and other resources for our residents;

• East Sussex Homeless Forum and the Hastings Housing Community Network;

• Little Gate Farm – the supported work placement for one of our residents continues;

• Citadel Housing – to partner in the support for one of our residents to secure a moveon from Transom Trust so he can progress to independent living;

• local grant making charities – to help the same resident move in to his “new” home (funding furniture and white goods etc).

• with thanks to our excellent fund raiser, received grant awards totalling £21.4K (including a grant of £15K over 2 years), plus 2 donations from 2 local churches totalling £800. Five applications are in process (totalling £46K over 3 years), and 10 grants (totalling £18K plus) are being researched. These grants and donations will enable the Trust to continue to:

• fund two staff roles – our Operations Manager, and Finance Support and Development role;

• maintain and upgrade our other properties to a good standard so they continue to be safe and psychologically informed environments in which our residents can thrive;

• attended two grant award ceremonies held by funders in London and Hastings;

• continued, via Hastings Voluntary Action and other agencies, to ensure that our volunteers receive the training and support necessary for them to provide safe, appropriate and high quality support to our residents;

• continued to seek the feedback and lived experience of our residents to review and enhance our operational policies and practices to ensure the Trust is ready for the new Supported Housing Regulations. These will require the Trust to secure a local authority licence to provide supported housing;

• considered ways of diversifying and expanding our supported housing provision. These include:

• considering partnering with Timpsons, Greggs and Iceland who are employing exprisoners;

• looking at renting a “transition house” to accommodate residents in paid work who need to transition to full independent living via affordable housing;

• a June visit to a charity in London, who use larger properties to house and support single men and families;

• our current consideration to lease and manage a two-bedroom flat in Hastings – to support single adult women for the first time;

• in the next few weeks, arranging to share experience and practice with Seaview Project. This relates to seeing how the Trust could take on a larger property to support ex-homeless people, or those at risk of being homeless.

Governance

Transom Trust is a Registered Charity (number 1169244) and currently has 5 trustees:

1. Steve Young – Pastoral Support – served over the last 6 months;

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1. Julia Acott – Funding and Training – served over the last 6 months;

2. Veronica Burt - Pastoral Support – appointed 19[th] December 2024;

3. Sue Jenner – Finance – appointed 7[th] July 2025;

4. Kim Warren – Occupational Health - appointed 7[th] July 2025.

Our Board of trustees are covering the Chair role on a rolling/shared basis.

A brief summary of the last 6 months of governance activities include:

1. The Trustees have met every other month;

2. The Transom Trust accounts for year ending 30[th] September 2024 were independently certified and submitted to the Charity Commission on time.

Transom Trust work in Partnership with Green Pastures CBS Limited, a Christian social enterprise who own the four properties we lease and manage to provide supported accommodation to 7 adult men. We are therefore able to access the combined expertise of not only Green Pastures, but also the 80-plus Green Pastures Partners nationwide - all who house homeless people. We normally send a representative to the Green Pastures annual conference in June - to share best practices, knowledge and resources.

Staff

• Andy Garlick (retiring 15 September 2026) - part-time Operations Manager– who provides the day-to-day support to the trustees and pastoral support volunteers to ensure the smooth running of the charity (for the benefit of our residents). The Operations Manager contract will be extended into 2026 if funding bids are successful;

• Alexandra Pop (appointed 1 June 2026) - part time Operations Manager on a rolling contract

• Sue Jenner – part-time Finance Support and Development role on a rolling contract – who supports our Treasurer and assists and develops the financial life of the Trust. This role will be extended into 2026 if funding bids are successful.

• Rob Worthing – part-time Housing Manager – who oversees all housing-specific and maintenance issues to ensure the supported accommodation is a safe and well-maintained place for our residents to live and thrive.

Mission statement

Transom Trust continues to:

• provide supported, “stepping-stone” accommodation expressing compassion, faith in action and unity, with the support of churches across Hastings, St Leonards and Bexhill;

• make its own unique contribution to the tremendous work already being carried out by many other local voluntary and statutory agencies in tackling the ongoing, significant challenge of homelessness in the local area;

• provide solutions for homeless people, helping individuals towards resettlement and preventing repeated rough sleeping;

• provide individual and meaningful support that enables and equips residents to progress to independent living.

Vision

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Transom Trust’s vision is to continue to:

• make a significant long-term impact on the problem of local homelessness;

• build on our existing working relationships with other local statutory and voluntary agencies;

• and expand our portfolio of properties across Hastings, St Leonards and Bexhill (at the rate of one per year, if possible).

Homes

Transom Trust has long-term leases for 3 properties with Green Pastures CBS Limited, namely:

1. 26 Bayeux Court, Bohemia Road, St Leonard’s on Sea, TN37 6RZ – a two-bedroom flat bought in May 2019;

2. 39 Bayeux Court, Bohemia Road, St Leonard’s on Sea, TN37 6RZ – a two-bedroom flat bought in June 2017;

3. 2 Salisbury Road, Bexhill on Sea, TN40 2AD – a three-bedroom house bought on 25[th] March 2022.

Green Pastures CBS Limited are always willing to purchase more properties for Transom Trust to lease and manage for supported accommodation, and we continue to work very closely with them.

Support agency partnerships and referral agencies

Transom Trust is committed to working in partnership with other agencies. The following list shows the 31 partnership relationships we are involved with:

• Bexhill Foodbank Advisory Service

• Brighton Housing Trust (including Housing First/Floating Housing service and STEPS)

• Christian Prison Resourcing

• Citadel Housing

• CGL Hastings STAR

• Eastbourne Council (Well-being and Employment Team)

• East Sussex NHS Healthcare Trust

• East Sussex Recovery Alliance

• Fellowship of St Nicholas

• Hastings Advice and Representation Centre

• Hastings Borough Council (several contacts)

• Hastings Star Drug and Addiction Service

• Homeless Unity Group, Bexhill

• Hope Kitchen, Hastings

• Kings Church, Hastings (including Foodbank)

• Langley Housing Trust

• Nacro Bass (Bail Hostels for low risk service users)

• Probation Service (several contacts)

• Rother District Council (Housing)

• Safe Haven – Holy Trinity Church, Hastings

• Salvation Army

• Seaview – Practical Services for Complex Lives, St Leonards

• Snowflake Trust Ltd/Snowflake Night Shelter, St Leonards

• St John’s Ambulance

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• Southdown – Rapid Rehousing Pathway Project and Rough Sleepers Initiative

• SSAFA, the Armed Forces charity

• Street Pastors, Hastings

• Surviving the Streets UK CIC, Hastings

• Sussex Partnership NHS Foundation Trust

• Warming up the Homeless, Bexhill

• YMCA Downslink Group.

Specific thanks

Transom Trust express their notable gratitude for Hastings Borough and Rother District Councils, and for Bexhill Foodbank Advisory Service, Bexhill HUG, Brighton Housing Trust, Citadel Housing, CGL Hastings STAR, Probation Services, Seaview, Southdown and Warming Up The Homeless, and all the support agencies listed above – for all the valuable services they provide:

• to our residents and pastoral support team, in particular;

• to support and accommodate rough sleepers, and those in temporary accommodation;

• and to address the wider issue of housing and homelessness as a whole.

Transom Trust continues to benefit from, and enjoy good working relationships with:

• both the above Councils - from the named contacts within the Housing Benefits team, the Needs/Options/Solutions teams, and Standards Teams (in relation to referrals, benefit queries, and ensuring our properties meet housing standards);

• all the other support agencies listed above - from their vital support to our residents on probation and/or who are recovering from substance misuse issues. The Trust learns so much from them all;

• the East Sussex Homelessness Forum, Hastings Housing Community Network, and other housing-related and community/voluntary sector networking groups – these enable the Trust to:

• share experiences, copy best practices;

• keep up to date with housing-related developments across the council areas;

• and to assess how we can best provide and develop the supported accommodation we provide.

Mrs Julia Acott

Chair of the Trustees

29 July 2026

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Statement of trustees’ responsibilities

The Trustees present their reports for the year ended 30 September 2025

The accounts are complied with the Charities Act 2011 and Accounting and Reporting By Charities Statement Of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the financial reporting standard applicable in the UK and Republic of Ireland FRS 102

Charity law requires the Trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that year

In preparing those accounts the Trustees are required to:

• prepare the accounts in accordance with United Kingdom generally accepted accounting practice

• select suitable accounting policies at apply them consistently

• make judgments and estimates that are reasonable and prudent

• prepare the financial statements on the on-going concern basis unless it is inappropriate to presume that the charity will continue in business

• state whether applicable accounting standards and statements of recommended practise have been followed subject to any material departures disclose and explained in the financial statements

The law requires as that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and all the surplus or deficit over the charity for the year

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explained the charity’s transactions and enable them to ensure that the financial statements comply with the regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities

Mrs Julia Acott

Chair of the Trustees

29 July 2026

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Report of the independent examiner to the trustees of the charity on the accounts for the year ended 30 September 2025

I report to the Trustees on my examination of the financial statements of the charity on pages 14 to 20 for the year ended 30 September 2025 which have been prepared in accordance with the Charities Act 2011 and the Financial Reporting Standard 102 effective 1st January 2016 as modified by FRS 102 SORP Statement Of Recommended Practice for Accounting and Reporting by Charities 2015 as amended by the bulletin issued in February 2016, the SORP published by the Charity Commission in England and Wales (CCEW) and under historical cost convention and accounting policy set out on page 16.

Respective responsibilities of the trustees and the Independent Examiner and the basis of the report

As described on page 5 you the charity’s Trustees are responsible for the preparation of the financial statements in accordance with the Charities Act 2011 and or other applicable law and with United Kingdom generally accepted accounting practise applicable to smaller entities and for being satisfied that the financial statements give a true and fair view

The Trustees consider that the audit requirement of section 144 (1) of the Charities Act 2011 (the Act) does not apply and there is that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.

Have any satisfied myself that the financial statements are not required to be audited under any legal provision or otherwise and are eligible for independent examination it is my responsibility to

• examine the financial statements of the charity under section 145 of the Act

• follow the acceptable procedures in the direction directions given by the Charity Commission under section 145 (5) (b) of the Act

Basis of independent examinations examiners statement and scope of work undertaken

I report in respect of my examination of the charities financial statements carried out under section 145 of the Act. In carrying out my examination I have followed All the applicable directions given by the Charity Commission under section 145 (5)(b) of the Act setting out the duties of an examiner independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking exclamation explanations from you as Trustees concerning such matters. The purpose of the examination is to establish as far as is possible that there had been no breaches of charity legislation and that on a test basis of evidence relevant to the amounts and disclosures made in financial statements of complied with the SORP.

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The procedures undertaken do not provide all the evidence that will be required be required in an audit and information supplied by the Trustees in the course of the examination is not subject to audit tests or inquiries and does not cover all the matters that an audit that would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide

Consequently, I do not express an audit opinion on the view given by the financial statements and in particular I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report obtained written assurances from the Trustees of all material matters

Independent examiners statement report and opinion

Subject to the limitations upon the scope of my work as detailed above I have completed my examination and can confirm that:

• this is a report in respect of an examination carried out under section 145 of the act and in accordance with the directions given by the Charity Commission under section 1455-B of the ACT which may be applicable

• 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 charity as required by section 130 of the Charities Act 2011

• the financial statements do not accord with those records or the financial statements do not comply with the applicable requirements concerning the form and content of the accounts set out in the charity's 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

• have not been prepared in accordance with the methods and principles set out in FRS 102 SORP Statement Of Recommended Practise For Accounting and Reporting by Charities 2015 as amended by the bulletin issued in February 2016 (the SORP)

I have no concerns and have come across in their 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 financial statements to be reached.

Sarah Lunn

Independent examiner 29 July 2026 Chartered accountant

Manningtons Victoria House, The Moor, Hawkhurst, Cranbrook TN18 4NR

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Statement of financial activities (‘SOFA’)

Notes Income Donatons & legacies 1 Charitable actvites Investments (bank interest received) Total income Expenditures Raising funds Charitable actvites Total expenditures Net income for year Transfers between funds Net income afer transfers Net movement in funds Funds brought forward Funds carried forward	Unrestricted Designated Restricted 2025 2024 18,576 18,576 41,421 88,577 88,577 100,32 3 388 388 385
	88,965 18,576 107,54 1 142,12 9
	1,400 1,400 1,000 91,591 18,991 110,58 2 126,81 5
	92,991 18,991 111,98 2 127,81 5
	(4,026) (415) (4,441) 14,314
	21,214 (21,214) 0 0
	(4,026) 20,799 (21,214) (4,441) 14,314
	(4,026) 20,799 (21,214) (4,441) 14,314 39,135 21,214 60,349 46,035
	35,109 20,799 0 55,908 60,349

A separate statement of total recognised gains and losses is not required as this statement incomes all recognised gains and losses.

All activities are derived from continuing operations.

In previous years restricted funds related to grants received that funded the salary costs for the operations manager. However, none of the grants carry any specific restrictions and so this income and expenditure has now been described as designated.

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Balance Sheet as at 30 September 2025

	2025	2024
	£	£
Current assets
Debtors	4,507	3,642
	57,22
Cash at bank and in hand	6	61,108
	61,73
Total current assets	3	64,750
	(5,825
Creditors - amounts falling due with oneyear	)	(4,401)
	55,90
Net current assets	8	60,349
	55,90
Total net assets	8	60,349
Funded by
	35,10
Unrestricted funds	9	28,684
	20,79
Designated funds	9	10,451
Restricted funds	0	21,214
	55,90
Total charity funds	8	60,349

The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and preparation of accounts.

The charity is subject to independent examination under charity legislation and the report of the independent examiner is shown on page xxxx

The Trustees are satisfied that although the charity is not registered under the Companies Acts if it were so registered it would be eligible to prepare accounts in accordance with the provisions of part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime

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Julia Acott

Chair of the trustees Approved by the board of trustees 29 July 2026

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Notes to the accounts for the year ended 30th September 2025

1.Accounting policies

Policies relating to the production of the accounts

Basis of preparation and accounting convention the accounts

The accounts have been prepared under the historical cost convention in accordance with statement of accounting practice SORP, accounting and reporting by charities preparing their accounts in accordance with FRS102 issued in October 2019 and in accordance with all applicable law in the charity's jurisdiction of registration.

Risk and future assumptions

The charity is a public benefit entity

Policies relating to categories of income and income recognition

Nature of income

Gross income represents the value of donations and gifts from individuals, revenue grants from public and non public bodies and housing benefit receivable.

Income recognition

Income is recognised in the statement of financial activities (SOFA) on a receivable basis when a transaction or other event results in an increase in the charity's assets or reduction in its liabilities and only when the charity has legal entitlement the income is probable and can be measured reliably

Recognition of liabilities and expenditure

A liability and the related expenditure Is recognised when a legal or constructive obligation exists as a result of a past event and when it is more likely than not that a transfer of economic benefits will be required in settlement and when the amount of the obligation can be measured or reliably estimated.

Volunteers

in accordance with the SORP and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included in the income of the charity. However the Trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in note XXX

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date

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Fund accounting

• Unrestricted funds are held for meeting the general objectives of the charity, to provide reserves for future activities and subject to charity legislation are free from all restrictions. They are available for use at the discretion of the trustees.

• Designated funds consists of a sinking fund set aside to provide for major building repairs at the properties used by the charity

• restricted funds are subject to restrictions on the expenditures imposed by the donor.

2 Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 or the Corporation Tax Act 2010 or section 256 of the taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value added tax is not recoverable by the charity and is therefore included in the relevant costs in the statement of financial activities

3 Winding up or dissolution of the charity

if upon winding up or dissolution of the charity there remain any assets after the satisfaction of all debts and liabilities the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects of the charity

4 Significance of the financial instruments through the charity's position

There are no financial instruments of significance to the charity's financial performance.

5 Contributions from volunteers

The charity depends on the support of its volunteers which is much appreciated. The arrangements with volunteers are difficult to value precisely in monetary terms and have not been recognised in the statement of financial activities. The volunteers and charity accept and agree that no contract of employment is created by these arrangements.

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6 Donations and gifts from individuals

	2025	2024
	Designated
	£	£
Small donatons less than £1,000	3,733	2,984
P Tollerton	-	3,000
Totalgifs and donatons	3,733	5,984
Small grants each less than £1,000	1,343	1,559
Kings Church	2,000	2,367
Sussex Foundaton	7,100	7,691
Skipton Building Society	1,400	-
Jerusalem Trust	2,000	-
Ford Charity Trust	1,000	1,000
Albert Hunt Charity	-	10,000
Housing the Homeless	-	4,920
Clothworkers Foundaton	-	7,900
Totalgrants	14,843	35,437
Total donatons and legacies	18,576	41,421

7 Income from charitable activities

Contributons from residents Housing beneft (enhanced)	2025 2024 Unrestricted £ £ 5,855 7,189 82,72 2 93,134
	88,57 7 100,323

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8 Expenditure on charitable activities

Expenditure on charitable actvites
Expenditure on charitable actvites	Unrestricte	Designate	2025	2024
	d	d
	£	£	£	£
Volunteer costs
Volunteers’ expenses	591		591	971
Travel and subsistence volunteers	931		931	1,010
	1,522	-	1,522	1,981
Premises expenses
Rent payable under operating	42,232		42,232	47,402
leases
Rental income voids			-	2,876
Service charges payable	4,789		4,789	5,191
Council tax	6,208		6,208	8,435
Utilities	7,200		7,200	5,974
Premises repairs renewals and	7,695		7,695	16,944
maintenance
Property insurance	871		871	745
Licences and permits	757		757	837
Professional fees	1,169		1,169
Emergency accommodation			-	1,719
	70,921	-	70,921	90,123
Administrative overheads
Stationery and printing	183		183	144
Software licences and expenses	891		891	913
Insurances	954		954	896
Sundry expenses	3,759		3,759	1,473
Equipment repairs expenses and maintenance			-	972
DBS checks	61		61	64
Bad debts	312		312	415
Professional fees	1,396		1,396	1,294
			-
	7,556	-	7,556	6,171
Total support costs	79,999	-	79,999	98,275
Salaries
Operatons manager		18,191	18,191	17,800
Pension contributons		800	800	600
Finance assistant	6,912		6,912	5,070
Housing manager	4,680		4,680	5,070
	11,592	18,991	30,583	28,540

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Report and accounts for the year ended 30

Transom Trust CIO September 2025

SOFA costs for charitable actvites 9 Staf costs and emoluments	91,591 18,991 110,582 126,815

Salaries Pension contributons	2025 2024 £ £ 29,78 3 27,940 800 600
	30,58 3 28,540

The charity employs an operations manager and a housing manager who work 22.5 hours and 9 hours per week respectively together with a financial assistant

No employees received emoluments excluding pension costs in excess of £60,000 per annum

10 Raising funds

These costs refer to advice from a consultant who assists	2025	2024
with our grant applicatons.	£	£
	1,400	1,000

11 Defined contribution pension schemes

The charity operates a defined contribution pension scheme for the benefit of the operations manager and makes monthly contributions of £50 into Aviva personal pension scheme

12 Remuneration and payments to trustees and persons connected with them

No trustees or persons connected with them receives any remuneration from the charity or any other entity as other than as disclosed in note 8.

Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity either in the current or prior year

13 Loans to trustees included in debtors

No loans were made to the trustees in the period

14 Guarantees made by the charity on behalf of trustees

No guarantees were made by the charity on behalf of trustees

15 Charitable commitments not recognised as provisions or commitments in the accounts

There were no charitable commitments entered into other than those fully disclosed in the attached accounts

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Transom Trust CIO September 2025 Report and accounts for the year ended 30 Page 22 of 23

Report and accounts for the year ended 30

Transom Trust CIO September 2025

16 Financial commitments under operating leases

As at the year the end the charity had	2025	2024
commitments under non-cancellable operatng leases.
In less than fve years	£145,90	£192,298
	6

17 Ultimate controlling party

The charity is under the control of its legal members.

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