Charity registration number 1171903 (England and Wales) SUTTON NIGHT WATCH HOMELESS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
SUTTON NIGHT WATCH HOMELESS LEGAL AND ADMINISTRATIVE INFORMATION Trustogs l M Turner C Jacques J A Smith A Bhamra T Michaelides (Appointed 21 January 2025} (Appointed 21 January 2025> (Appointed 10 March 2025) (Appointed 21 January 2025) Charity number 1171903 Registered office 35 Manor Road Wallingion Surrey SM6 OBW Independent examlner Kingston Burrowes Audit Ltd 308 Ewell Road Surbiton Surrey UK KT6 7AL
SUTTON NIGHT WATCH HOMELESS CONTENTS Page Trustees, report Independent examiner's report Statèment of financial activities Balance sheet Notes to the financial statements 7-16
SUTTON NIGHTWATCH HOMELESS TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the CharItS CIO Foundation model constitution, the Charities Act 2011 and "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 20191. Objectives and activities In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit. The purpose of the charity as sel out in its goveming document is the relief of people who are homeless in Sutton by the provision of food, clothing, loiletries and other ilems. In setting the charity's objectives and activFties the trustees confirm that they have given due regard to the Charity Commission's guidance on public benefit. Achievements and performance Significant aclivities and achievements againsl objectives Sutton Night Watch carried out a number of remedi21 works on the building lo improve, and conform to new health and safety regulations, which resulted in a substantial increase in expenditure. Our SNW Outlet shop continues to provide SNWH with much needed extra funding, which has ensured we are able to offer a wider range of activities, and services. A reserves funding policy was introduced. as advised by the Charily Commission, so as to have an emergency fund (£30,000) available in case of substantial and unexpected expenditure, whiGh could seriously affect the operation of the charity- Servi5 within our day centre: We continue to run our Positive Steps Programme and Ernpowering lives project. These help people who are homeless and in active addiction or people who are threatened with homelessness. We continue to work with Nescot College, with 2 counsellors continuing their placements wth us. This has made 8 hLAge difference for some of our service users, as counselling is very difficult to access, and the waiting list is quitè high. Three Junior Social Workers from Merton college are also doing their placements with us. They offer molivational interviewing skills and one to one. A barber now attends the centre once a week to provide simple haircuts, beard trims etc. Financial review The Charity made a deficil of £27,030 during the year12024 - deficit £13,746) and at 31 March 2025 the Charity held unreglricted funds of £80.298 and restricled funds of £59,716.
SUTTON NIGHT WATCH HOMELESS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Res&Ngs policy SNWH aims to maintsin a general reserve of unrestricted funds SLrfficient to meet its financial, legal, and moral obligations to its service users, employees. volunteers. and all relavant authorities. It has been agreed by the Trustees that a figure of £30,000 will be kept in reserves. Like many other organisations, SNWH requires a general reserve: - To cover income shortfalls. For instancè. rf a major corporate sponsor withdraws funding, the reserve cRn provide necessary cash flow until a new sponsor is secured. To address unexpected expenditures. For example, if a significant, uninsured building repair is needed, the reserve can cover this cost. In addition to addressing unforeseen challenges, maintaining adequate reseNes ensures that if the worst occurs and the organisation must close, there will be sufficient funds to meet all obligations and liabilities as part of a managed exit. For SNWH, a closure scenario would necessitate a higher level of reserves compared to a similar-sized privale company. This is because SNWH cannot simply shui down. to meet its moral obligations to setvice users, it would nged to continue operating for a period to complete ongoing services or arrange suitable alternatives. In Ihe event of closure, the general reserve would fund all remaining operations, redundancy, and other closure costs, at least until the building's value can be realised. Structure. governance and managemant The charily is constituted as a Charitable In¢orporated Organisation (CIO) and its governing document is the CIO FoundatlDn model constitulion. Membership of the CIO shall be its Charity Trustees and membership cannot be transferred to anyone else. Any member who ceases to be a Charity Trustee ceases to be a member of the CIO. Any decision may be taken at a meeting of the Charity Trustees or by resolution in writing agreed by a majorily of all the Charity Trustees. The Trustees may delegate any of their powers to a committee of at least two people but at lèast one member must be a Charity Trustee. Sutton Night Watch advertised for, and gained five new Irustees in order to develop, promote and further the aims and objectives of Sulton Night Watch as a charity (see below appointments). The trustees who served during the year and up to the date of signature of the financial statements were- A Fulker (Resigned 25 November 2025) A Mcmullen (Resigned 3 January 2025) l M Turner C Jacques J Asmith A Bhamra T Michaelidès (Appointed 21 January 2025) (Appointed 21 January 20251 (Appointed 10 March 2025) (Appointed 21 January 20251 Recrutiment and appointment of tnjstees Charity Trustees are appointed for a term of one year by a resolution of the Charily Trustees, who have regard to the skills, knowledge and experience needed for the effective administration of the CIO. The maximum number of trustees is seven. New Trustees ara provided with a copy of the current version of the constilution and a wpy of the CIO'S latest trustees, annual report and accounts.
SUTTON NIGHT WATCH HOMELESS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The trustees, report was approved by the Board of Trustee5. l M Tumer Chairman 26 January 2026 14ouffj
SUThON NIGHT WATCH HOMELESS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SUTTON NIGHT WATCH HOMELESS I report to the trustees on my examination of tho financial statemènts of Sutton Night Watch Homeless {the charity) for the year ended 31 March 2025. ResponsibilTties and basis of report As the trustees of the charlty you are responslble for the preparatlon of the financial statements in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515)(bl of the Charilies Ad 2011. Independenl examiner's statement Since the chartty's gross income exceeded £250,000, the independant examiner must be a member of a body listed in section 145 of the Charities Act 2011.1 confimi that l am qualified to undertake the @xamination because l am a member of the Institute of Chartered Accounlants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examinalion giving me cause to believe that in any material respect.. accounting records wera not kept in respect of the charify 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 wilh the applicable requirèments concerning the form and content of financial statements sel out in the Charilies (Accounts and Reports} Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination. I have no conc8rns and have com8 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 financial statements to be reached. Kevin Fisher BA FCA CTA For and on behalf of Kingston Burrowes Audit Ltd 308 Ewell Road Surbilon Surrey KT6 7AL UK Dated.. 27 January 2026
SUTTON NIGHT WATCH HOMELESS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOMEAND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restrlcted funds funds 2025 2025 Total Unrestrlcted Restrfcted funds funds 2024 2024 Total 2025 2024 Notes Income from: Donations Charitable activit18S Other trading aclivilies Investments 42.321 17,957 55,014 161 25.000 123,415 67,321 141,372 55,014 161 51.369 10,770 71,259 25 36.975 72,456 88,344 83,226 71,259 25 Total in¢ome 115,453 148,415 263,868 133,423 109,431 242,854 Expenditure on: Raising funds Charilable activities 15,180 167,456 15,180 275,718 16,007 131,162 16,007 240,593 108,262 109.431 Total expendilure 182,636 108.262 290,898 147,169 109.431 256,600 Net incomel(expenditure} (67,183) 40.153 {27,030) {13,7461 113,746} Transfers between funds 596 (596) Net movement in funds 10 (66.587) 39,557 {27.030) {13,746) (13.746) Reconcillation of funds: Fund balances at 1 April 2024 146,885 20,159 167.044 160,631 20,159 180,790 Fund balances at 31 March 2025 80,298 59,716 140,014 146,885 20,159 167,044 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
SUThON NIGHT WATCH HOMELESS BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notes Fixed assets Tangible assets 14 6.606 15,422 Current assets Debtors Cash at bank and in hand 15 7,547 130,377 7,191 148,899 137,924 156,090 Creditors: amounts falling due wlthin one year 16 (4,516) (4,4681 Net current assets 133,408 151,622 Total assets loss current liabtlities 140,014 167.044 The funds of the charity Restricted income funds Unrestritted funds 17 18 59,716 80,298 20,159 146.885 140,014 167,044 The financial stalements were approved by Ihe trustees on 26 January 2026 l M Turner Chaimian
SUTTON NIGHT WATCH HOMELESS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Ac¢ountlng pollcies Charity information Sutton Night WatGh Homeless is a Charitable Incorporated Organisation ICIOI and its governing document is the CIO Foundation model constitution. The address of the principal office of Ihe charity is 35 Manor Road, Wallington, Surrey, SM6 OBW. 1.1 Basls of preparatlon The financial statements have been prepared in accordance with the charity's CIO Foundation model constitution. the Charities Act 2011, FRS 102 'The Financial Reporting Slandard applicable in Ihe UK and Republic of Ireland" (-FRS 102,1 and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Prattice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 1021" {effective 1 January 2019). The charity is a Public Benefil Entity as defined by FRS 102. The charity has taken advantage of lhe provisions in the SORP for charities not to prepare a Statement of Cash Flows. The financial stalements are prepared in sterfing, which is the functional cutTency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial ststements have been prepared under Ihe hislorical cosl convention. The principal accounting policies adopted are set out below. 1.2 Going concern At the lime of approving the financial statements, the trustees havè a reasonablè expectation that the charity has adequala resources to continue in oporational axislonce for tho foreseeabl& future. Thus the trustees continue to adopt the going concem basis of accounting in preparing the financial statements. 1.3 CharFtabl& funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject lo specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1.4 Income Income is recognised when the charity is legally entitled to it after any perfomiance conditions have been met. the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been nolified of the donation, unless perfomiance conditions require deferral of the amount. Income lax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Assets for distribution are recognised only when distributed. Assets given for use by the charity are recognised when receivable. Stocks of undistributed donated goods are not valued for balance sheet purposes.
SUTTON NIGHT WATCH HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles (Continued) 1.5 Expenditure Expenditure is recognised once Ihere is a legal or Gonstructive obligation to transfer economic benefit to a third party. il is probable that a transfer of economic benefits will be required in settlement, and Ihe amount of the obligation can be measured rèliably. Expenditure is classified by activily. The costs of each activity are made up of the total of direct costs and shared costs. including support costs involved in undertaking each activity- Dired costs attributable to a single activity are allocated directly to that adivity. Shared costs which contribute to more than one aclivty and supporl costs which are not attributable to a single activity arè apportioned bebNeen those aclivities on a basis consistent with the use of resources. Central stsff costs are allocated on the basis of time spent. and depreciation charges are allocated on the portion of the asset's use. 1.6 Tangible fixed assèts Tangible fixed assets are initially measured at cost and subsequenlly measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Leasehold improvements Fixtures and fittings Computers Motor vehicles Over 5 years Over 3 years 150/0 slraight line basis 20 /0 Straight line basis The gain or loss arising on the disposal of an asset is determined as the diffor6nce between the sale proceeds and the carrying v8ltJe of the asset, and is recognised in the statement of financial activities. 1.7 Impairment of fixed assets At each reporting end dale, the charity reviews the carrying amounts of its tsngible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the exient of the impairment IDSS {if any). 1.8 Cash arld cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-lenn liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Financial instruments Tha charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Oth&r Financial Instruments Issues. of FRS 102 to all of its financial inslrurnents. Financial instrumenls are recognised in the charity's balance sheet when the charity becomes party to the contraclual provisions of the instrument. Financial assets and liabilities are pffset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the racognised amounts and there is an intention lo settle on a net basis or lo realise the asset and settle the liability simultaneously.
SUThON NIGHT WATCH HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) Basic financial assets Basic financial assets, which include debtors and cash and bank balances. are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interast m8lhod unless Ihè arrangemer)I conslitutes a financing transaction. where the transaction is measured al the present value of the future receipts discounted al a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities. including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured al the present value of the future payments discounted at a market rale of interest. Financial liabilities classified as payable within one year are not arnortised. Debt instruments are subsequently carried at amortised cost, using the effeclive interest rate method. Trade creditors are obligalions to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabiltties if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expiré or are discharged or cancelled. 1.10 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to lerminale the employment of an employee or to provide termination benefits. Crltlcal ac¢ountlng estlmates and judgements In the application of the charity's accounting Policies, the Irustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities thal are not readily apparenl from othar sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affecls only that period, or in the period of the revision and future periods where the revision affects both currenl and future periods. Income from donatlons Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Donations and gifts 42,321 25,000 67,321 51,369 36,975 88,344
SUTTON NIGHTWATCH HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donations (Continued) Unrestricted Rastricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Donations and gifts Donations and Gift Aid contributions 42,321 25,000 67.321 51,369 36,975 88,344 42,321 25,000 67,321 51,369 36,975 88,344 Income from charitable activities Unrostricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Income from charitable acttvities Grants and contracts 6,000 Events and fundraising 11.957 123,415 129,415 11.957 5,132 5,638 72,456 77,588 5,638 17,957 123,415 141,372 10,770 72.456 83,226 Income from other trading activities Unrestricted Unrestricted funds funds 2025 2D24 SNW Outlet store 55.014 71,259 Income from investments Unrestricted Unrestrlctod funds funds 2025 2024 Interest re1vable 161 25 io-
SUThON NIGHT WATCH HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on raising funds Unrestrlctod Unrostrictod funds funds 2025 2024 Fundraising and publicity Support serViS Staff costs 180 15,000 1,007 15,000 15,180 16,007 Expenditure on charitable activities Dlrect costs Dlrect costs 2025 2024 Direct costs Staff costs Support setvices Rent Cost of goods sold Repair & maintenance Office expenses 78,858 21,446 25,000 84,431 16,232 25,000 5,000 3,636 768 129,708 130,663 Share of support and governance costs (see note 9 Support 146,010 109,930 275,718 240,593 Analysis by fund Unrestricted fund5 R&strictod funds 167,456 108,262 131,162 109.431 275,718 240,593 11
SUTTON NIGHTWATCH HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support Costs allocated to activities 2025 2024 staff costs Depreciation Operating lease charges Insurance Storage Utilities Clffice expenses Repair & maintenance Pofessional fees Advertising & web design Motor & travel Sundry expenses Governance costs 6,287 15,420 10,448 3.894 350 6,900 21,175 13,942 4.163 13,982 8,750 2.619 2.000 8,816 11,882 4,370 12,909 30,735 36,518 8.010 15.798 8,270 6.282 2,420 146.010 109,930 Analysed between: Direct costs 146,010 109.930 10 Net movement in funds 2025 2024 The net movement in funds is ststed after chargir)gl(crediting}: Fees payable for the independenl examination of the charity's financial statements Depreciation of owned tangible fixed assets Operating lease charges 2,420 8,816 25,000 2,000 15,421 25,000 11 Trustees Noné of the trustees {or any persons connected wilh them) received any remuneration during the year. but one of them was reimbursed a tolal of £230 travelling expenses. 12 Employees The averag6 monthly number of employees during the year was: 2025 Number 2024 Number 12-
SUTTON NIGHT WATCH HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Employees (Contlnued) Employment costs 2025 2024 Wages and salaries 93,858 105.718 There were no employees whose annual remuneration was more than £60,000. Remuneration of key management personnel The remuneration of key management personnel was as follows.. 2025 2024 Aggregate compensation 58.867 46,927 13 Taxation The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 14 Tangible fixed assets Lèasèhold Flxturès and irnprovements frttings Computers Motor vehicles Total Cost At 1 April 2024 18,401 19,166 5,525 21,60Q 64,692 Al 31 March 2025 18,401 19,166 5,525 21,600 64,692 Depreciation and Impalrment Al 1 April 2024 Depreciation charged in the year 15.620 2,781 18,246 920 2,444 795 12,960 4,320 49.270 8.816 At 31 March 2025 18,401 19,166 3,239 17,280 58.086 Carrying amount At 31 March 2025 2,286 4,320 6,606 At 31 March 2024 2,781 920 3,081 8,640 15,422 15 Debtors 2025 2024 Amounts falling du& within one year: Prepaymenls and accrued income 7,547 7,191 13-
SUTTON NIGHT WATCH HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Creditors.. amounts falling due wlthin one year 2025 2024 Other creditors Accruals and deferred income 260 4,208 4,516 4,516 4,468 17 Restricted funds The raslricted funds of the charity comprise the unexpended balances of donations and grants held on trust subjecl to specific conditions by donors as to how they may be used. At 1 Aprll 2024 Incoming resources Resources expended Transfers At 31 March 2025 The National Lottery Community Fund RC London and South East Region Rental of premises" Cummunity Action Sulton grant for equipment acquiring 118,415 25.000 {78,858) {25,000) 39,557 20,159 20,159 5,000 (4.404) (5961 20,159 148,415 (108,262) (5961 59,716 Previous year: At 1 April 2023 Incoming resources Resources expendèd Transfers At 31 March 2024 The National Lottery Community Fund RC London and South East Region Rental of premises ' Exploring latent risks beeen migrant homelessness and modern slavery across London 72.456 25,000 (72.456) (25.000) 20,159 20.159 11,975 (11,975) 20,159 109,431 (109,431) 20,159 . This fund was creatèd in 2020 to meèt annual rèntal costs. 14-
SUTTON NIGHT WATCH HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Unrestricted funds The unreslrided fLJnds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 April 2024 Incoming resources Resources expended Transfers At 31 Mar¢h 2025 General funds Emergency funds 146,885 115,453 (182,636} (29,404) 30,000 50,298 30,000 146,885 115,453 (182,6361 596 80,298 Previous year: At l April 2023 In¢oming rosour¢es Resources expended Transfers At 31 March 2024 General funds 160,631 133,423 {147.169) 146.885 19 Analysis of net assets betwèen funds Unrestricted funds 2025 Restricted funds 2025 Total 2025 At 31 March 2025: Tangible assets Current assotsl{liabilities} 6,606 73,692 6.606 133,408 59,716 80,298 59,716 140.014 Unrestricted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024: Tangible assets Current assetsl{liabilities) 15,422 131,463 15,422 151,622 20,159 146,885 20.159 167,044 20 Contingent assets The charity has been awarded some multi-year grants with specified or implied timeframes which preclude recognition of the full amount. The amount of such contingent assets 15 £217.728. to be received from 20251 26. 15-
SUTTON NIGHT WATCH HOMELESS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 21 Operating lease commitments Lessee At the reporting end datè the charity had outstanding commitments for fijture minimum lease payments under non-¢ancellable operating leases, which fall due as follows.. 2025 2024 WFthin one year Between iwo and five years In over five years 25,000 93,750 25,000 100.000 18,750 118.750 143.750 22 Related party transactions Jessica Fulker, the daughter of a Trustee, was paid a setvice fee of £1,600 for her services for the ¢harity- 16