Trustees, Annual Report for the period CHARITY I (OMMISSI Period start date Period end date 01 04 2022 31 03 2023 From Section A Reference and administration details Charity name Spelthorne Rentstart Other names charity is known by Registered charity number (if any) 1173709 Charity's principal address Council Offices Knowle Green Staines-Upon-Thames Postcode TW18 1XB Names of the charity trustees who manage the charity Trustee name Office (if any) Dates acted if not for whole ear Name of person (or body) entitled toa oint trustee ifan Hilary Stokes Martha Love Linda Marshall Abigail Honeywell Jean Pinkerton Treasurer/Chair Appointed 2711012022 Secretary Ligia Santos 10 11 12 13 14 15 16 17 18 19 20 Names of the trustees for the charity, if any, (for example, any custodian trustees) Name Dates acted if not for whole ear TAR March 2012 Names and addresses of advisers (Optional infomiation) e of adviser Name Address Name of chief executive or names of senior staff members (Optional inforniation) Section B Structure, governance and mana ement Description of the charity's trusts CIO Association Constitution Type of governing document How the charity is constituted cio Trustee selection methods Appointed by the existing Trustees Additional governance issues (Optional infonnation) You may choose to include additional information, where relevant, about: policies and procedures adopted for the induction and training of trustees; the charity's organisational structure and any wider network with which the charity works. relationship with any related parties; trustees, consideration of major risks and the system and procedures to manage them. Section C Objectives and activities The objects of the CIO are the prevention or relief of poverty among people living in the Borough of Spelthorne who are homeless or at risk of becoming homeless, by providing and assisting in the provision of housing advice, support and practical assistances and by such other means as the Trustees may in their absolute discretion think fit. Summary ofthe objects of the charity set out in its governing document TAR March 2012 The trustees have at all times had regard to the Charity Commission's guidance on public benefit. Our service is open to any member of the public living or working in the Borough of Spelthome who needs assistance in finding somewhere to live. This assistance varies according to the needs of each client. It may simply be in the form of advice on where to look for vacancies. it may involve help with benefit applications. it may continue during a tenancy in the form of periodic contact with the tenant and landlord to check that all is going well. Summary ofthe main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit) For some clients, financial help is given with rent in advance, for others a 'deposit bond, is set aside in their name in our 'bond fund, which the landlord can apply to in the case of damage or unpaid rent, up to an agreed limit, at the end of the tenancy. Additional details of objectives and activities (Optional information) The initial interviews with clients are normally conducted by our trained volunteers, who often also do follow-up work with the clients. The members of the charity hold stalls at local events to promote the work of Rentstart in the local community. They also organise and take part in fund-raising events such sponsored walks, quizzes and Christmas Street collections. You may choose to include further statements, where relevant, about: policy on grantmaking. policy programme related investment. The trustees receive no remuneration or other benefits. contribution made by volunteers. TAR March 2012 Section D Achievements and performance During the year there has been continued demand for our services. We have interviewed and given advice to 302 '(286) clients. Of these 71 (83) moved into accommodation directly assisted by us and 26 (47) of these needed a deposit bond in order to secure the tenancy. The amount of work needed to achieve these results can be seen from the number of follow-up interviews carried out by staff and volunteers, either by phone or in person, which for this period amounted to over 3,800 (3,300). Summary of the main achievements of the charity during the year 'Comparatives from our 2021122 financial year shown in brackets TAR March 2012 Section E Financial review Brlef statement of the charity's policy on reserves The Charity has placed £54,874 in a ring-fenced fund as a precautlon against any future claims on the bond fund. This represents the Bonds granted in the last six months £10,272 plus staff costs of £44,602 to meet our redundancy and holiday pay obligations plus three months salary for one member of staff to wind down operations if our funding sources ceased. This amount is checked on a quarterly basis. Details of any funds materlally In deficlt None Further financial review details (Optional infomiation) You may choose to include The Charity is funded by grants from Spelthorne Borough Council with additional information, where whom we have an extremely good working relationship. We have also relevant about: been fortunate enough to have received a Significant 5-year grant from the charity's principal the National Lottery Community Fund which started on 1 October 2022 sources of funds (including and will run until 30 September 2027 and assistance from other smaller any fundraising). donations. how expenditure has supported the key objectives of the charity; investment policy and objectives including any ethical investment policy adopted. The National Lottery funding has enabled us to embark on a guaranteed rental scheme for a house of multiple occupancy which will enable us to have closer working with our clients to ensure we can adapt the accommodation to more closely meet their individual need8. Section F Other optional information With the additional funding from the National Lottery Community Fund the Charity's financial position is secure, although we are seeing a higher demand from our clients for assistance with their rental payments, due to the rising energy and food costs. We have opened a new bank deposit account to benefit from the current increases in interest rates. Section G Declaration The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Signature(s Full name(s) Position (eg Secretary, Chair, etc) Iklh