CHRYSALLIS A HOUSING
Charity Registration Number 1170530
ANNUAL REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024
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LEGAL AND ADMINSTRATIVE INFORMATION
Board of Trustees:
Ms Allison Ruth Aris Chairperson Miss Venessa Aris Secretary Ms Marilyn Campbell-Fessal Trustee Company Type Charitable Incorporation Organisation (CE009237) Registered Address 120 Melfort Road Thorton Heath CR7 7RP, England
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Contents: Page Trustee’s report …………………………………………………………………………………………………………….. 4 Statement of financial activities………………………………………………………………………………………….. 5 Statement of Financial Position (Balance Sheet) …………………………………………………………………. 8 Notes to the financial statement………………………………………………………………………………………… 9
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TUSTEE’S RPORT (INCLUDING DIRECTOR’S REPORT) FOR THE YEAR ENDED 31 MARCH 2024
The Trustee’s present their annual report and the financial statements for the year ended 31 March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 01 to the financial statements and comply with the charity’s governing document, the Companies Act 2006 and “Accounting 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).
OBJECTIVES AND ACTIVITIES
The principal purposes of the Charity are:
Our charity is dedicated to supporting some of the most vulnerable and marginalized individuals in our community. We focus particularly on people leaving prison and returning to society—a transition that can be incredibly challenging without the right support. We believe strongly that everyone deserves a second chance, and that with proper guidance, these individuals can rebuild their lives and contribute meaningfully to their communities.
Many people leaving custody face significant barriers, including limited access to stable housing, education, employment, and community networks. Without these foundations, the risk of reoffending increases, trapping them in a cycle that harms both them and society as a whole. Our organisation works to break that cycle by providing practical, emotional, and long-term support tailored to each person’s needs.
Our aim is to help individuals secure safe accommodation, access education and training, and develop essential life skills—from financial management to communication and decision-making. We also work closely with local employers to create pathways to meaningful, sustained employment. Beyond practical assistance, we offer encouragement, mentorship, and a sense of belonging—key ingredients in helping people regain confidence and independence.
Ultimately, our mission is to ensure that those leaving prison have the tools, opportunities, and support necessary to build a better future for themselves. When we invest in people, we strengthen our communities, reduce reoffending, and create a more compassionate and inclusive society for everyone.
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OUR ACHIEVEMENTS AND PERFORMANCE.
There have not been any significant achievements this year but going forward we hope to achieve the following:
Make significant strides in supporting individuals transitioning from prison back into the community leading to meaningful and measurable outcomes that demonstrate the impact of our approach and the dedication of our team.
• Reintegration Support:
We hope to support numerous individuals in securing stable accommodation immediately upon their release—one of the most critical factors in preventing reoffending. By providing safe housing options, to ensure that people have a secure foundation from which to rebuild their lives.
• Education and Skills Development:
Through tailored training programmes, workshops, and partnerships with local colleges, we hope to help participants gain essential life skills, new qualifications, and renewed confidence. This will help them progress from basic skills training to more specialised vocational courses.
• Employment Pathways:
Our collaboration with local employers and employment services has resulted in a growing number of participants securing meaningful, long-term work. Gaining employment not only provides financial stability but also fosters selfesteem and a sense of purpose.
• Reduced Reoffending Rates:
By addressing the root causes that can lead people back into the criminal justice system—such as lack of support, isolation, and limited opportunities—we have contributed to a noticeable reduction in reoffending among individuals engaged in our programmes.
• Holistic Support and Wellbeing:
Beyond practical assistance, we hope to deliver emotional and social support through mentoring, group sessions, and community engagement activities
• Strong Partnership Working:
We hope to build robust relationships with prisons, probation services, local authorities, and community organisations. These partnerships will enhance the continuity of support from custody into the community, ensuring no one feels left behind.
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STRUTURE, GOVERNANCE AND MANAGEMENT
The charity operates under the authority of its governing document, a formal Deed of Trust , which sets out our objectives, powers, and the framework within which we must operate. This document ensures that all activities are carried out exclusively for charitable purposes and in the best interests of the individuals and communities we serve.
We are constituted as a Charitable Incorporated Organisation (CIO) , a legal structure specifically designed for charities in England and Wales. This status provides significant advantages that strengthen our ability to deliver safe, secure, and high-quality housing to individuals in need:
Alignment With Charitable Purpose
The Deed of Trust clearly defines our mission—providing safe, supportive housing and reintegration services for individuals leaving prison. All decisions made by the board of trustees must align with this purpose, ensuring that our resources are used efficiently and ethically to benefit the people who need us most.
Board of Trustees:
Ms Allison Ruth Aris Chairperson Miss Venessa Aris Secretary Ms Marilyn Campbell-Fessal Trustee
The trustees’ report was approved by the Board of Trustees
Miss Vanessa Aris
Secretary
… ~~.~~ ~~VANESSA ARIS…~~ …
30 September 2024
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SATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME & EXPENDITURE FOR THE YEAR ENDED 31.03.2024
Unrestricted Funds Unrestricted Funds 31.03.2024 31.03.2023 Notes £ £ Income From : Donations and Legacies 3 0 0 Other income including rentals 4 0 0 Grants from Government 5 0 0 Total income 0 0 Charitable activities 6 (0) 0 Net income and movement in funds 0 0 Reconciliation of funds: Funds balance at 01 April 2022 0 0 Funds balance as at 31 March 2023 0 0
The statement of fnancial actvites includes all gains and losses recognised in the year. All income and expenditure derived from contnuing actvites
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| STATEMENT OF FINANCIAL POSITION (BALANCE SHEET) Notes FIXED ASSETS Tangible Fixed Assets 10 CURRENT ASSETS Cash at hand and in bank 0 Creditors: amount falling due within 1 year 110 Net Current Assets Total Assets Less Current Liabilites The Funds of the Charity Unrestricted Designated |
STATEMENT OF FINANCIAL POSITION (BALANCE SHEET) | STATEMENT OF FINANCIAL POSITION (BALANCE SHEET) | AS AT 31 MARCH 2024 31.03.2024 31.03.2023 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
|---|---|---|---|
0 0 |
The Charity is entitled to exemption from the audit requirement under section 477 of the Companies Act 2006 for the financial year ended 31 March 2024. The Trustees acknowledge their responsibilities for ensuring compliance with the Companies Act 2006 in relation to the maintenance of proper accounting records and the preparation of financial statements.
In accordance with section 476 of the Companies Act 2006, the members have not required the Charity to obtain an audit of its financial statements for the year in question. These financial statements have been prepared in accordance with the provisions applicable to companies operating under the small companies’ regime.
The financial statements were approved by the Trustees on 30/09/2024.
Miss Venessa Aris
… ~~.~~ ~~VANESSA ARIS…~~ …
Trustee & Secretary
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1. ACCOUNTING POLICIES
1.1 The financial statements have been prepared in accordance with the charity’s governing document, the requirements of the Companies Act 2006, FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities SORP Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 (effective 1 January 2019). The charity qualifies as a Public Benefit Entity under FRS 102.
In line with the Charities SORP, the charity has taken advantage of the available exemption and has not prepared a Statement of Cash Flows. The financial statements are presented in sterling, which is the functional currency of the charity. All monetary amounts are rounded to the nearest pound.
The financial statements have been prepared under the historical cost convention, [as modified by the revaluation of freehold properties and the measurement of investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2 GOING CONCERN:
At the time of approving these financial statements, the Trustees have a reasonable expectation that the charity has sufficient resources to continue operating for the foreseeable future. Accordingly, the Trustees consider it appropriate to prepare the financial statements on a going concern basis.
1.3 CHARITABLE FUNDS
Unrestricted funds are resources that may be used at the discretion of the Trustees to further the charity’s objectives.
Restricted funds can only be used for the specific purposes set by donors or grant providers. Details of the purposes and application of these restricted funds are provided in the notes to the financial statements. Endowment funds are subject to donor-imposed conditions requiring that the capital be preserved by the charity.
1.4 INCOME
Income is recognised when the charity is legally entitled to the funds, any performance conditions have been satisfied, the amount can be measured reliably, and it is probable that the income will be received.
Cash donations are recognised upon receipt. Other donations are recognised when the charity is notified of the donation, unless performance conditions require the income to be deferred.
Legacies are recognised on receipt or, where earlier, when the charity has been notified of an impending distribution, the amount can be reliably measured, and receipt is expected. Where the value cannot yet be determined, the legacy is treated as a contingent asset.
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1.5 EXPENDITURE
Expenditure is recognised when there is a legal or constructive obligation to transfer economic benefits to a third party, it is probable that a transfer will be required to settle the obligation, and the amount can be measured reliably.
Expenditure is classified by activity. The total cost of each activity comprises direct costs and shared costs, including support costs incurred in carrying out the activity. Direct costs that relate specifically to a single activity are allocated directly to that activity. Shared costs, which contribute to more than one activity, and support costs that cannot be attributed to a single activity, are apportioned across activities on a basis consistent with the use of resources. Central staff costs are allocated according to the time spent on each activity, and depreciation charges are apportioned based on the proportion of the asset’s use for each activity.
1.6 TANGIBLE FIXED ASSETS
Depreciation is charged to write down the cost or valuation of assets, less their residual values, over their estimated useful lives on the following bases:
Freehold land and buildings: No depreciation is provided. N/A Fixtures and fittings: 10% per annum on a reducing balance basis. N/A Office equipment – computers: 10% per annum on a reducing balance basis. N/A
1.7 CASH AND CASH EQUIVALENTS:
Cash and cash equivalents comprise cash in hand, deposits held at call with banks, and other short-term, highly liquid investments with original maturities of three months or less. Bank overdrafts are included within borrowings in current liabilities.
Derecognition of Financial Liabilities
Financial liabilities are derecognised when the charity’s contractual obligations are discharged, cancelled, or expire.
1.8 TAXATION
The charity is exempt from taxation on income and gains to the extent that they are applied solely for charitable purposes. This exemption applies to all income generated from activities that further the charity’s stated objectives, including donations, grants, legacies, and trading income directly related to its charitable work. Any income or gains not used for charitable purposes may be subject to taxation under current UK tax law. The Trustees ensure that the charity complies with all relevant tax legislation and that its resources are applied in accordance with its charitable objectives to maintain its tax-exempt status.
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2.0 CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS
In applying the charity’s accounting policies, the Trustees are required to make judgements, estimates, and assumptions regarding the reported amounts of assets and liabilities that are not readily apparent from other sources. These estimates and assumptions are based on historical experience and other factors deemed relevant, and actual outcomes may differ from these estimates.
Estimates and underlying assumptions are reviewed on an ongoing basis. Any revisions to accounting estimates are recognised in the period in which the estimate is revised if the change affects only that period, or in the period of the revision and future periods if the change affects both current and future periods.
3.0 INCOME FROM DAONATIONS AND LEGACIES
Unrestricted Funds Unrestricted Funds 31.03.2024 31.03.2023 £ £ Donations & Gifts 0 0 Total 0 0 4. income from charitable activities 31.03.2024 31.03.2023 Services Provided under contract 0 0 Charitable rental income 0 0 Other income 0 0
5. INCOME FROM INVESTMENTS Unrestricted funds Unrestricted funds 31.03.2024 31.03.2023 £ £ Interest received 0 0
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6. EXPENDITURE ON CHARITABLE ACTIVITIES
31.03.2024 31.03.2023
DIRECT COSTS Utility services 0 0 Property repairs 0 0 Insurance 0 0 Licenses 0 0 Subscriptions 0 0 Accountancy 0 0 Legal fees 0 0 Bank charges 0 0 Depreciation 0 0 Wages and salaries 0 0 Office and Administration 0 0 Total expenditure 0 0 Unrestricted funds 0 0
7. TRUSTEES
The Trustees of the Charity are the individuals legally responsible for overseeing the charity’s work, finances, and property. They are appointed by the organisation members’ meeting.
During the year, none of the Trustees, nor any persons connected with them, received any remuneration or benefits from the charity.
8. EMPLOYEES
During the reporting period, the charity did not employ any staff. All of the charity’s activities, including administration, management, and delivery of services, were carried out by the Trustees and volunteers. This approach reflects the charity’s reliance on voluntary support and ensures that resources are directed primarily toward achieving its charitable objectives.
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The Trustees continue to monitor the charity’s operational needs and may consider employing staff in the future if it
2024 2023 Average number of employees 0 0
There were no employees whose annual remuneration was more than £60,000.”
This indicates that none of the charity’s staff members earned more than £60,000 per year. It is often disclosed in bands (e.g., £60,000–£70,000) for transparency, especially for charities and non-profits.
9. TAXATION
“The charity is exempt from taxation on its activities, as all income is devoted to charitable purposes.”
10. TANGIBLE FIXED ASSETS
| Tangible Fixed Assets Cost At 1 April 2023 Additions At 31 March 2024 Depreciation and Impairment At 1 April 2023 At 31 March 2024 Carrying Amount At 31 March 2023 At 31 March 2024 11. CREDITORS: AMOUNT FALLING DUE WITHIN 1 YEAR Bank overdraf Accrual and deferred income |
Freehold Land & Building £ 0 - 0 - 0 0 0 |
Fixtures & Fittings £ Office Equipment £ Total £ 0 0 0 - 0 0 0 0 0 0 0 0 - 0 0 0 0 0 31.03.2024 31.03.2023 0 0 0 0 |
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