Street Support Network Limited Charity registralion number.. 1177546 Company registration number. 10348840 Street Support Network Limited Registered Charity Number 1177546 Company Number 10348840 Accounts for the year ended 31 October 2021 AB94QLT7 2710712022 COMPANIES HOUSE Aol
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Street Support Nets•[k Limited Charity registration nLtmber: 1177546 Company registrdtion number.. 10348840 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STREET SUPPORT NETWORK LTD Independent examinerfs report to the trustees of Street Support Network Ltd ('the Company.) I report to Ihe charity trustees on my examination of the accounts of the Company for the year ended 31 October 2021. Responsibilities and basis of report As the charity's trustees of Ihe Company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act')- Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charivs accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. Independent examinerfs statement Since your charity's gross income exceeded £250.000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a registered member of ICAEW which is one of the listed bodies. I have completed my examination. I confirm that no matters have come lo my altention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act: or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement ihat the accounts give a true and fair view which is not a matter considered as part of an independent examination., or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)]
Street Support Network Limited Charity registration number.. 1177546 Company registrdtion number. 10348840 I have no COnmS and have come 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 accounts to be reached. John Dakin ICAEW Cresswells 12 Market Street Hebden Bridge West Yorkshire HX7 6AD Date: 21st July 2022
Street Support NeOrk Limited Charity registration number.. 1177546 Company regislrdtion number: 10348840 Trustees, Annual Report for the year to 31 October 2021 Objectives. Activities, Achievements and Performance Street Support Neork Limited's purpose is, for the public benefit in England, Wales and Scotland. the relief of those in need by reason of illness. financial hardship and other disadvantage due to their experience of or risk of homelessness, in particular but not exclusively by providing infomiation to people who are experiencing homelessness. and those at risk of becoming homeless, on how and Ythere to access the services they need" increasing or coordinating opportunities for people who are experiencing homelessness. and those at risk of becoming homeless. to engage with Servi providers", enabling those Servi providers to better meet the needs of people who are experiencing homelessness and those at risk of becoming homeless. raising awareness of issues arising from homelessness or the risk of homelessness; and promoting volunteering. During the year ended 30 October 2021 we continued to expand our nelwork to over 30 locations, each having an active homelessness partnership supported by our Find Help l Give Help website. During the coronavirus pandemic we supported existing locations to share infomation as they focused on their immediate priorities, especially their "Everyone In" initiatives to shelter rough sleepers. The impact of the pandemic continued to be extremely challenging and as an active member of the Greater Manchester Homelessness Action Nelwork (GMHAN) we delivered and facilitated projects at short notice over the 20121 winter period. Our plans for the future include further expansion of the partnership network across England and Scotland and the expansion of our digital platfomi to support homeless families housed in temporary accommodation and other disadvantaged groups affected by homelessness as needed. We will continue to strengthen links between the towns and cities we work with to share best practice and develop shared assets. In addition, we are strengthening our team to better support the location network. T.hroughout our work our commitment to ctrproduction ensures that those who have lived experience of homelessness are heard and play an active role in developing homelessness strategies and services. The trustees have had regard to the Charity Commission, published guidance on the Public Benefit requirement under the Charities Act 2011.
Street Support NeOrk Limited Charity registration number.. 1177546 Company registration number: 10348840 Financial Review In common with many charities. we eXperiend financial pressures during the year as planned activity was deferred and refocused due to the impact of the pandemic. We met this challenge by targets'ng available fvnding and reducing costs where possible. As a result. we operated in line with our reserves policy throughout (see below). At the end of the financial year. we had a healthy level of reserves of £118.796 which represents over eight months ongoing expenses. This level is in line with our Reserves Policy. The cash at bank balance of £148.853 included funds received in advance for specific projects. Reserves Policy Year ended 31110r21 Year ended 31110120 Increase I (Decrease) Unrestricted Funds (Reserves) Restricted l Designated Funds: Total Funds Ratio of Reserves to Annual Operating Expenditure 118.796 94.433 24.363 118,796 118,796 94.433 94.433 24,363 1171,474~ 1179.907 - 8.3 months 6.3 months 2 months A level of reserves acceptable to the trustees has been maintained during the year to 31 October 2021. Reserves are set aside to provide financial stability and the means for the development of our principal activity. We intend to maintain our reserves at a level which is equivalent to between 6 months and 1 year's-worth of Annual Operating Expenditure. The absolute value of reserves will therefore fluctuate over time due lo changes in the scale and reach of our activities and in line with our forecasts. This level of reserves will ensure that, should adverse operating conditions arise. such as a decrease in revenue. Ihe trustees will be in a position to pay the salaries of the core leam and the key operating costs of the charity for a period during which financial stability Can be re-established. The trustees review the amount of reserves on at least a quarterty basis to ensure they are adequate to fulfil our continuing obligations. The trustees review the Reserves Policy on an annual basis.
Street Support Network Limited Charity registration number: 1177546 Company registration number: 10348840 Structure. Governance and Management Street Support's goveming documents are Memorandum and Articles of Association and the Charity is a company limited by guarantee. incorporated in England & Wales. Trustees have been appointed on the basis of providing a range of relevant experien and a commitment to alleviating homelessness. Reference and Administrative Detsils Charit name Re istered chari number Charity's principal address and registered office Street Su 1177546 111 Piccadilly Manchester M1 2HY Rachel Brennan Julie Cook Gary Dunstan Jeremy Green (resigned 17112121) Gillian Leng (resigned 26111120) Catherine Lynagh Vivienne Slack Gary Dunstan Vivienne Slack rt Neiwork Limited Names of the charity trustees who manage the Charity Senior staff members Declaratlons The trustees dedare that they have approved the trustees. report above. Signed on behalf of the Charity's trustees and directors Signature- Position: Trustee & Director Zi /Y/2& Full name: Catherine Lynagh Date:
Street Support Nelwork Limited Charity registration number: 1177546 Company Tegistration number.. 10348840 Statement of Financial Activities including an Income and Expendlture Account Notes Unrestricted Restricted Funds Funds Total Funds Prior Year Total Funds Income from: Donations Charitable activities Other Total 41.568 148.725 44 190.337 41.568 148,725 6.544 196,837 71,795 65,148 56.141 193,084 6,500 6.500 Ex enditure on: Charitable activities Other Total 165.974 165.974 6,500 172.474 179.906 55,522 234.428 6.500 6,500 9110 165.974 | Net income I ex nditure 24.363 24,363 Net movement in funds 24.363 24.363 Reconciliation of funds: Total funds brought forward Total funds carried forward 94.433 94.433 136.777 118.796 118.796 94,433
Street Support Network Limited Charily registration number: 1177546 Company registration number". 10348840 Balance Sheet Notes I Asat 31 October 2021 Asat 31 October 2020 Current assets: Trade debtors Cash at bank and in hand Total current assets 1.000 148.956 149.956 9.425 173,882 183,307 Creditors: amounts fallin due within 1 ear 11 31.160 88,874 Total net assets 118.796 94,433 The funds of the Chari Restricted income funds General unrestricted funds Total Chari Funds 118,796 118,796 94.433 94.433 For the year ending 31 October 2021. the company was entilled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit of its accounts for the year in question in accordan with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The financial stalements on pages 7-8 were approved by the trustees on 21 St July 2022 and are signed on their behalf by Signature- Full name: Catherine Lynagh Position: Trustee & Director Date: 21 /7/2X
Street Support Network Limited Charity registration number- 1177546 Company registration number. 10348840 Notes to the accounts 1. Accounting policies The Charity complies with Financial Reporting Requirements (FRS 100) and FRS 102: These accounts were prepared in accordance wilh the Charities SORP" These accounts were prepared in accordance with FRS 102., These accounts were prepared in accordance with applicable charity and company law of England and Wales., These accounts were prepared on a going conrn basis and there are no material UnrtaIntieS about the Charity's ability to continue: and The Charity is a Public Benefit Ents'ty. 2. Recognition of income Income is recognised where the Charity is entitled to economic benefit, it is more likely than not that that economic benefit will flow to the Charity and the monetary value can be measured reliably. Income from donations or grants without perf0rnan related conditions is recognised when there is evidence of entitlement. receipt is probable and its amount can be measured reliably. Income from grants wtth performance related conditions is only recognised when the performance related conditions are met. Income earned from the sale of services under contract is recognised when seNices a delivered. 3. Measurement of debtors Debtors are measured at their recoverable amounts i.e. the amount the Charity anticipates it will receive. 4. Measurement of creditors and provisions for liabilities and charges Creditors are measured al the amount that the Charity anticipates it will pay to settle a debt or the amount it has received as an advance payment for goods or services it must provide. 5. Volunteers and donated services The Charity has benefrted from the contribution of unpaid volunteers lo administrative duties. The value of this has been estimated at £9,000 and has been recognised in the accounts. The Charity has also benefited from the provisFon of donated Offi space. The value of this has been estimated at £12,000 and has been recognised in the accounts.
street Support Network Limited Charity registration number: 1177546 Company registration number. 10348840 6. Trustee remuneration and benefits Trustees are nol remunerated for their roles as trustees. No trustee expenses have been incurred. Two trustees are remunerated for other sepiices to the Charity under provisions included in the Charity's goveming documents and with the agreement of the Charities Commission. Amounts paid. as shown below. do not include any amounls relating to pensions. termination payments or any other benefit. Gary Dunstan - £40.889 (2020.. £44,167) for services related to the management and operation of the Charity. Vivienne Slack - £17,670 (2020.. £29.157) for services related to the management and operation of the Charity. 7. Analysis of Income Unrestricted Funds Restricted Funds Total Funds Prior Year Total Donatlons: Donations Grants of a eneral nature Total donations 36.568 5.000 41.568 36.568 5,000 41.568 69.295 2,500 Charitable activi Set up fees and servi char es Total charitable activi 148,725 148.725 148,725 148 725 65,148 65,148 other Families and other Employing staff & delivering services on behalf of MHP Bank interest Total other ects 6.500 6,500 55.522 619 56,141 6.500 Total Income 190,337 6,500 196,8371 193,084 Income from set up fees and service charges includes £75,675 (2020: £39,211) received from Local Authorities. Income from employing staff and delivering services on behalf of MHP indudes £0 (2020: £27,284) from Local Authorilies. io
Street Support Nehyork Limited Charity registration number.. 1177546 Company registration number.. 10348840 8. Analysis of expenditure Activities Undertaken Directl Support Cosls Total Prior Year Total Charitable activi Location based activity- partnership building, Find Hel l Give Hel Big Lottery sustainability ro ect Total charitable activi 151.511 14.463 165.974 179,906 151.511 14.463 165,974 179,906 Other Families and other Employing staff & delivering services on behalf of MHP Total other ro ects 6.500 6.500 55,522 55.522 6.500 6,500 Totsl Ex enditure 158.011 14,463 172,474 235,428 9. Staff costs Year ended 31 October 2021 Year ended 31 October 2020 Wa es and salaries Social securi costs Employerfs contribution to defined contribution ension schemes Total 43,347 1.405 81,393 4.018 973 45.725 1,854 87.265 The average number of staff employed over the year was 2 (2020: 3). No employees received employee benefits (exduding employer pension costs) of more than £60,000. The Charity's pension arrangements are solety through participation in the People's Pension. Allocation of pension costs across activities is on the basis of the activity of the relevant employee. li
Street Support Network Limited Charity registration number.. 1177546 Company registration number. 10348840 10. Independent Examinerfs remuneration Fees of £840 (2020: £840) were paid to the independent examiner for ihe independent examination of these financial accounts. 11. Creditors: amounts falling due within 1 year Asat 31 October 2021 Asal 31 October 2020 Payments received on account for contracts or erformance related Accruals Taxation and social secu Total ranls 8.538 22.406 216 31.160 8,538 79,116 1,220 88,874 12