Charity number: 1180417
Warming Up The Homeless
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2021
Warming Up The Homeless Contents Page For the year ended 31 March 2021
| Report of the Trustees | 1 to 2 |
|---|---|
| Independent Examiner's Report to the Trustees | 3 |
| Statement of Financial Activities | 4 |
| Statement of Financial Position | 5 |
| Notes to the Financial Statements | 6 to 12 |
Warming Up The Homeless Report of the Trustees For the year ended 31 March 2021
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2021. The Trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's objects are the feeding and clothing of street homeless and homeless persons in Hastings and surrounding areas for the benefit by (but not limited to)
(1) Reducing poverty and maintaining dignity in those who are found to be unpopulated over 4 areas at present described as Hastings, St Leonards, Bexhill on Sea, Eastbourne.
(2) work in the community engaging with street homeless and homeless and encouraging mental wellbeing and physical health. Signposting as and where necessary.
(3) Overcoming barriers to learning , stigma, misconception, abuse and hatred.
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
FINANCIAL REVIEW
The financial position of the charity at the end of the year is considered satisfactory. The trustees are confident that reserves will increase in the forthcoming year. At the year end the charity reserves were £90,099. It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three- and six-month's expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the period. The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is a charitable incorporated organisation. charity was established under a deed dated 23rd October 2018. Objects and Powers of the charitable incorporated organisation are governed under its deed dated 23rd October 2018.
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity Warming Up The Homeless Charity registration number 1180417 Principal address 48 Devonshire Road Bexhill-On-Sea East Sussex TN40 1AX
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Julian Wootten (Appointed: 11 October 2020) Scott O'Rourke Trudy Hampton Emily Flanagan Steven Wallis
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Warming Up The Homeless Report of the Trustees Continued For the year ended 31 March 2021
Independent examiners
Andrew M Wells FMAAT 99 Western Road Lewes East Sussex BN7 1RS
Approved by the Board of Trustees and signed on its behalf by
............................................................................. 25 January 2022 Julian Wootten
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Warming Up The Homeless Independent Examiners Report to the Trustees For the year ended 31 March 2021
I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2021.
Responsibilities and basis of report
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and 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.
Independent examiners statement
I have completed my examination. I confirm that no 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 2011 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (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.
I have no concerns 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.
Andrew M Wells FMAAT
99 Western Road
Lewes East Sussex BN7 1RS
25 January 2022
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Warming Up The Homeless Statement of Financial Activities For the year ended 31 March 2021
| Notes | Unrestricted | Restricted | 2021 | 2020 | |
|---|---|---|---|---|---|
| funds | funds | ||||
| £ | £ | £ | £ | ||
| Income and endowments from: | |||||
| Donations and legacies | 2 | 130,169 | 12,285 | 142,454 | 86,630 |
| Charitable activities | 3 | 1,038 | - | 1,038 | 6,044 |
| Other trading activites | 4 | 33,306 | - | 33,306 | - |
| Total | 164,513 | 12,285 | 176,798 | 92,674 | |
| Expenditure on: | |||||
| Raising funds | 5/6 | (50,688) | - | (50,688) | - |
| Charitable activities | 7/8 | (73,340) | (9,017) | (82,357) | (46,328) |
| Total | (124,028) | (9,017) | (133,045) | (46,328) | |
| Net income | 40,485 | 3,268 | 43,753 | 46,346 | |
| Reconciliation of funds | |||||
| Total funds brought forward | 46,346 | - | 46,346 | - | |
| Total funds carried forward | 86,831 | 3,268 | 90,099 | 46,346 |
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Warming Up The Homeless Statement of Financial Position As at 31 March 2021
| Notes | 2021 | 2020 | |
|---|---|---|---|
| £ | £ | ||
| Fixed assets | |||
| Tangible assets | 14 | 9,973 | 257 |
| 9,973 | 257 | ||
| Current assets | |||
| Debtors | 15 | 7,397 | 2,869 |
| Cash at bank and in hand | 79,447 | 44,720 | |
| 86,844 | 47,589 | ||
| Creditors: amounts falling due within one year | 16 | (6,718) | (1,500) |
| Net current assets | 80,126 | 46,089 | |
| Total assets less current liabilities | 90,099 | 46,346 | |
| Net assets | 90,099 | 46,346 | |
| The funds of the charity | |||
| Restricted income funds | 17 | 3,268 | - |
| Unrestricted income funds | 17 | 86,831 | 46,346 |
| Total funds | 90,099 | 46,346 |
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Julian Wootten Trustee 25 January 2022
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Warming Up The Homeless Notes to the Financial Statements For the year ended 31 March 2021
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘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 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Act 2011.
Warming Up The Homeless meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Going concern
The financial statements are prepared, on a going concern basis, under the historical cost convention.
Statement of cash flows
The Trustees have taken advantage of the exemption in SORP FRS 102 from including a cash flow statement in the financial statements on the grounds that the charity is small.
Funds
The charity maintains a general unrestricted fund which represents funds which are expendable at the discretion of the trustees in furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment.
Designated funds comprise of unrestricted funds that have been set aside by the Trustees for particular purposes.
Restricted funds have been provided to the charity for particular purposes, and it is the policy of the board of trustees to carefully monitor the application of those funds in accordance with the restrictions placed upon them.
There is no formal policy of transfer between funds or on the allocation of funds to designated funds, other than that described above
Incoming resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
Resources expended
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:
Cost of generating funds comprise the costs associated with trading for fundraising purposes.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries and the cost of attracting voluntary income. It includes both costs that can be allocated directly to such activities and those of an indirect nature to support them.
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity.
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Warming Up The Homeless Notes to the Financial Statements Continued For the year ended 31 March 2021
Taxation
As a registered charity, the company is exempt from income and corporation tax to the extent that its income and gains are applicable to charitable purposes only. Value Added Tax is not recoverable by the company, and is therefore included in the relevant costs in the Statement of Financial Activities.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 20% Reducing balance
2. Income from donations and legacies
| ncome from donations and legacies | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | 2021 | 2020 | |
| funds | funds | |||
| £ | £ | £ | £ | |
| Donations received | 66,676 | - | 66,676 | 73,509 |
| Grants received | 63,493 | 12,285 | 75,778 | 13,121 |
| 130,169 | 12,285 | 142,454 | 86,630 | |
| ncome from charitable activities | ||||
| 2021 | 2020 | |||
| £ | £ | |||
| Unrestricted funds | ||||
| Welfare of the homeless | ||||
| Sales within charitable | - | 5,380 | ||
| activities | ||||
| Sponsorships and social | 1,038 | 664 | ||
| lotteries | ||||
| 1,038 | 6,044 | |||
| 1,038 | 6,044 |
3. Income from charitable activities
4. Income earned from other activities
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Unrestricted funds | ||
| Shop income | 33,306 | - |
| 33,306 | - |
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Warming Up The Homeless Notes to the Financial Statements Continued For the year ended 31 March 2021
5. Expenditure on generating donations and legacies
| Unrestricted funds Donations xpenditure on other trading activities Unrestricted funds Shop costs osts of charitable activities by fund type Welfare of the homeless Support costs osts of charitable activities by activity type Support costs Welfare of the homeless |
Unrestricted funds £ 54,156 19,184 73,340 Activities undertaken directly £ 63,173 |
Restricted funds £ 9,017 - 9,017 Support costs £ 19,184 |
2021 £ 1,267 1,267 2021 £ 49,421 49,421 2021 £ 63,173 19,184 82,357 2021 £ 82,357 |
2020 £ - |
|---|---|---|---|---|
| - | ||||
| 2020 £ - |
||||
| - | ||||
| 2020 £ 37,742 8,586 |
||||
| 46,328 | ||||
| 2020 £ 46,328 |
6. Expenditure on other trading activities
7. Costs of charitable activities by fund type
8. Costs of charitable activities by activity type
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Warming Up The Homeless Notes to the Financial Statements Continued For the year ended 31 March 2021
9. Analysis of support costs
| nalysis of support costs | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Welfare of the homeless | ||
| Book keeping | 2,935 | 366 |
| IT | 176 | 116 |
| Insurance | 4,192 | 2,174 |
| Stationery and postage | 2,247 | 923 |
| Telephone | 883 | 233 |
| Sundry | 1,735 | 300 |
| Training | 2,739 | - |
| Governance costs | 4,277 | 4,474 |
| 19,184 | 8,586 |
10. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| This is stated after charging/(crediting): | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Depreciation of owned fixed assets | 2,493 | 64 |
| Accountancy fees | 1,000 | 1,500 |
11. Staff costs and emoluments
Total staff costs for the year ended 31 March 2021 were:
| Total staff costs for the year ended 31 March 2021 were: | ||
|---|---|---|
| Salaries and wages | 2021 £ 11,439 11,439 |
2020 £ - |
| - |
12. Trustee remuneration and related party transactions
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the period.
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Warming Up The Homeless Notes to the Financial Statements Continued For the year ended 31 March 2021
13. Comparative for the Statement of Financial Activities
| Income and endowments from: Donations and legacies Charitable activities Total Expenditure on: Charitable activities Total Net income/expenditure Total funds carried forward 14. Tangible fixed assets Cost or valuation At 01 April 2020 Additions At 31 March 2021 Depreciation At 01 April 2020 Charge for year At 31 March 2021 Net book values At 31 March 2021 At 31 March 2020 15. Debtors Amounts due within one year: Prepayments and accrued income Other debtors |
Unrestricted funds £ 73,509 6,044 79,553 (33,207) (33,207) 46,346 46,346 |
Restricted funds £ 13,121 - 13,121 (13,121) (13,121) - - 2021 £ 4,542 2,855 7,397 |
2020 £ 86,630 6,044 |
|---|---|---|---|
| 92,674 | |||
| (46,328) | |||
| (46,328) | |||
| 46,346 | |||
| 46,346 | |||
| Fixtures and Fittings £ 321 12,208 |
|||
| 12,530 | |||
| 64 2,493 |
|||
| 2,557 | |||
| 9,972 | |||
| 257 | |||
| 2020 £ - 2,869 |
|||
| 2,869 |
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Warming Up The Homeless Notes to the Financial Statements Continued For the year ended 31 March 2021
16. Creditors: amounts falling due within one year
| Trade creditors Other creditors Accruals and deferred income |
2021 £ 2,333 486 3,899 6,718 |
2020 £ - - 1,500 |
|---|---|---|
| 1,500 |
17. Movement in funds
Unrestricted Funds
| Balance at | Incoming | Outgoing | Balance at | |
|---|---|---|---|---|
| 01/04/2020 | resources | resources | 31/03/2021 | |
| £ | £ | £ | £ | |
| General | ||||
| General | 46,346 | 164,513 | (124,028) | 86,831 |
| 46,346 | 164,513 | (124,028) | 86,831 | |
| Unrestricted Funds - Previous year | ||||
| Balance at | Incoming | Outgoing | Balance at | |
| 23/10/2018 | resources | resources | 31/03/2020 | |
| £ | £ | £ | £ | |
| General | ||||
| General | - | 79,553 | (33,207) | 46,346 |
| - | 79,553 | (33,207) | 46,346 |
Purpose of unrestricted Funds
General
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted Funds
| Restricted funds | Incoming resources £ 12,285 12,285 |
Outgoing resources £ (9,017) (9,017) |
Balance at 31/03/2021 £ 3,268 |
|---|---|---|---|
| 3,268 |
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Warming Up The Homeless Notes to the Financial Statements Continued For the year ended 31 March 2021
Restricted Funds - Previous year
| Restricted funds Purpose of restricted funds Restricted funds |
Incoming resources £ 13,121 13,121 |
Outgoing resources £ (13,121) (13,121) |
Balance at 31/03/2020 £ - |
|---|---|---|---|
| - | |||
Restricted funds are subject to specific conditions by donors 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.
18. Analysis of net assets between funds
| Unrestricted funds General General Restricted funds Restricted funds Previous year Unrestricted funds General General Restricted funds |
Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 6,705 80,126 86,831 3,268 - 3,268 |
|---|---|
| 9,973 80,126 90,099 |
|
| Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 257 46,089 46,346 |
|
| 257 46,089 46,346 |
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