Charity number: 1180417
Warming Up The Homeless
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2023
Warming Up The Homeless Contents Page For the year ended 31 March 2023
| 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 14 |
Warming Up The Homeless Report of the Trustees For the year ended 31 March 2023
The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 March 2023. 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 £162,949 (2022:£181,830). 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:
Independent examiner
Julian Wootten Emily Flanagan Ashan Jeeawon Lynn Langlands Caroline Clarke ACA 66 High Street Lewes East Sussex BN7 1XG
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Warming Up The Homeless Report of the Trustees Continued For the year ended 31 March 2023
Approved by the Board of Trustees and signed on its behalf by
............................................................................. Julian Wootten
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Warming Up The Homeless Independent Examiners Report to the Trustees For the year ended 31 March 2023
I report to the trustees on my examination of the accounts of the charity for the year ended 31 March 2023.
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
Since the Charity's gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by virtue of my membership of Institute of Chartered Accountants 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 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
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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.
Caroline Clarke ACA 66 High Street Lewes East Sussex BN7 1XG
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Warming Up The Homeless Statement of Financial Activities For the year ended 31 March 2023
| Notes Income and endowments from: Donations and legacies 2 Charitable activities 3 Other trading activites 4 Total Expenditure on: Raising funds 5/6 Charitable activities 7/8 Total Net income/expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 108,313 1,099 203,462 312,874 (195,125) (113,867) (308,992) 3,882 115,355 119,237 |
Restricted funds £ 95,871 - - 95,871 (66,025) (52,159) (118,184) (22,313) 66,025 43,712 |
2023 £ 204,184 1,099 203,462 408,745 (261,150) (166,026) (427,176) (18,431) 181,380 162,949 |
2022 £ 243,186 1,428 182,952 |
|---|---|---|---|---|
| 427,566 | ||||
| (176,632) (159,653) |
||||
| (336,285) | ||||
| 91,281 90,099 |
||||
| 181,380 |
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Warming Up The Homeless Statement of Financial Position As at 31 March 2023
| Notes | 2023 | 2022 | |
|---|---|---|---|
| £ | £ | ||
| Fixed assets | |||
| Tangible assets | 14 | 17,851 | 20,807 |
| 17,851 | 20,807 | ||
| Current assets | |||
| Debtors | 15 | 14,052 | 6,892 |
| Cash at bank and in hand | 141,717 | 164,535 | |
| 155,769 | 171,427 | ||
| Creditors: amounts falling due within one year | 16 | (10,671) | (10,854) |
| Net current assets | 145,098 | 160,573 | |
| Total assets less current liabilities | 162,949 | 181,380 | |
| Net assets | 162,949 | 181,380 | |
| The funds of the charity | |||
| Restricted income funds | 17 | 43,712 | 66,025 |
| Unrestricted income funds | 17 | 119,237 | 115,355 |
| Total funds | 162,949 | 181,380 |
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
0
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Warming Up The Homeless Notes to the Financial Statements For the year ended 31 March 2023
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 2023
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.
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:
Motor vehicles
Fixtures and fittings
20% Reducing balance 20% Reducing balance
2. Income from donations and legacies
| Donations received Grants received Analysis of grants received Chalk Cliff Trust East Sussex County Council Garfield Weston Foundation Hastings Direct Community Fund Hedley Foundation Hendy Foundation Isabel Blackman Foundation Lewes District Council LLoyds Bank Foundation NFU Mutual Agency Giving Fund Other Grants Rother District Council Social Enterprise Support Fund Sussex Community Foundation The Albert Hunt Trust The Hilden Charitable Fund The Julia and Hans Rausing Trust The Lawson Trust The Screwfix Foundation |
Restricted funds Unrestricted funds £ £ 5,605 71,873 90,266 36,440 95,871 108,313 |
2023 £ 77,478 126,706 204,184 2023 £ 5,000 20,414 - 7,659 - 4,800 - 5,000 27,250 3,190 17,393 - - 18,000 - - 13,000 5,000 - 126,706 |
2022 £ 125,543 117,643 |
|---|---|---|---|
| 243,186 | |||
| 2022 £ - - 25,000 10,041 2,400 - 2,500 - - - 21,802 4,000 18,000 14,700 10,000 4,800 - - 4,400 |
|||
| 117,643 |
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Warming Up The Homeless Notes to the Financial Statements Continued For the year ended 31 March 2023
3. Income from charitable activities
| 2023 | 2022 | |||
|---|---|---|---|---|
| £ | £ | |||
| Unrestricted funds | ||||
| Welfare of the homeless | ||||
| Sponsorships and social | 1,099 | 1,428 | ||
| lotteries | ||||
| ncome earned from other activities | ||||
| 2023 | 2022 | |||
| £ | £ | |||
| Unrestricted funds | ||||
| Shop income | 203,462 | 182,952 | ||
| 203,462 | 182,952 | |||
| xpenditure on generating donations and legacies | ||||
| 2023 | 2022 | |||
| £ | £ | |||
| Unrestricted funds | ||||
| Donations | 9,747 | 17,259 | ||
| 9,747 | 17,259 | |||
| xpenditure on other trading activities | ||||
| Unrestricted | Restricted | 2023 | 2022 | |
| funds | funds | |||
| £ | £ | £ | £ | |
| Shop costs | 185,378 | 66,025 | 251,403 | 159,373 |
| 185,378 | 66,025 | 251,403 | 159,373 | |
| osts of charitable activities by fund type | ||||
| Unrestricted | Restricted | 2023 | 2022 | |
| funds | funds | |||
| £ | £ | £ | £ | |
| Welfare of the homeless | 50,005 | 50,963 | 100,968 | 108,562 |
| Support costs | 63,862 | 1,196 | 65,058 | 51,091 |
| 113,867 | 52,159 | 166,026 | 159,653 |
4. Income earned from other activities
5. Expenditure on generating donations and legacies
6. Expenditure on other trading activities
7. Costs of charitable activities by fund type
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Warming Up The Homeless Notes to the Financial Statements Continued For the year ended 31 March 2023
8. Costs of charitable activities by activity type
| Support costs Activities undertaken directly £ £ Support costs Welfare of the homeless 65,058 100,968 nalysis of support costs Welfare of the homeless Management Book keeping ITand Subscriptions Insurance Stationery and postage Telephone Sundry Training Governance costs |
2023 £ 166,026 2023 £ 26,501 4,999 3,992 7,992 3,198 3,847 2,275 - 12,254 65,058 |
2022 £ 159,653 2022 £ 17,299 6,106 423 5,131 3,383 1,657 7,983 2,979 6,130 |
|---|---|---|
| 51,091 |
9. Analysis of support costs
10. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Depreciation of owned fixed assets | 4,522 | 5,201 |
| Accountancy fees | 1,200 | 1,200 |
| Staff pension contributions | 3,343 | 551 |
| (Gain)/Loss on disposal of tangible fixed assets | 946 | - |
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Warming Up The Homeless Notes to the Financial Statements Continued For the year ended 31 March 2023
11. Staff costs and emoluments
Total staff costs for the year ended 31 March 2023 were:
| Total staff costs for the year ended 31 March 2023 were: | ||
|---|---|---|
| Salaries and wages Social security costs Pension costs Staff |
2023 £ 185,645 1,108 3,343 190,096 2023 10 10 |
2022 £ 101,832 1,162 551 |
| 103,545 | ||
| 2022 8 |
||
| 8 |
12. Trustee remuneration and related party transactions
The charity trustees were not paid or received any other benefits from employment with the charity in the year (2022: £nil).
No charity trustee received payment for services supplied to the charity (2022: J Wootten received £2,125 for the provision of legal and HR services).
No trustees were reimbursed any expenses incurred in relation to their duties as trustees.
There are no donations from related parties which are outside the normal course of the Charity's business and no restricted donations from related parties.
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Warming Up The Homeless Notes to the Financial Statements Continued For the year ended 31 March 2023
13. Comparative for the Statement of Financial Activities
| Income and endowments from: Donations and legacies Charitable activities Other trading activites Total Expenditure on: Raising funds Charitable activities Total Net income Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 121,885 1,428 182,952 306,265 (165,811) (111,930) (277,741) 28,524 86,831 115,355 |
Restricted funds £ 121,301 - - 121,301 (10,821) (47,723) (58,544) 62,757 3,268 66,025 |
2022 £ 243,186 1,428 182,952 |
|---|---|---|---|
| 427,566 | |||
| (176,632) (159,653) |
|||
| (336,285) | |||
| 91,281 90,099 |
|||
| 181,380 |
14. Tangible fixed assets
| Motor | Fixtures and | ||
|---|---|---|---|
| Cost or valuation | vehicles | fittings | Total |
| £ | £ | £ | |
| At 01 April 2022 | 6,495 | 22,070 | 28,565 |
| Additions | - | 6,702 | 6,702 |
| Disposals | (6,495) | - | (6,495) |
| At 31 March 2023 | - | 28,772 | 28,772 |
| Depreciation | |||
| At 01 April 2022 | 1,299 | 6,459 | 7,758 |
| Disposals | (1,299) | - | (1,299) |
| Charge for year | - | 4,462 | 4,462 |
| At 31 March 2023 | - | 10,921 | 10,921 |
| Net book values | |||
| At 31 March 2023 | - | 17,851 | 17,851 |
| At 31 March 2022 | 5,196 | 15,611 | 20,807 |
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Warming Up The Homeless Notes to the Financial Statements Continued For the year ended 31 March 2023
15. Debtors
| Amounts due within one year: Trade debtors Prepayments and accrued income Other debtors |
2023 2022 £ £ 1,980 - 7,542 4,542 4,530 2,350 14,052 6,892 |
|---|---|
16. Creditors: amounts falling due within one year
| Creditors: amounts falling due within one year | ||
|---|---|---|
| 2023 | 2022 | |
| £ | £ | |
| Trade creditors | 3,304 | 4,162 |
| Other creditors | 6,366 | 5,691 |
| Accruals and deferred income | 1,001 | 1,001 |
| 10,671 | 10,854 |
17. Movement in funds
Unrestricted Funds
| Unrestricted Funds | ||||
|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Balance at | |
| 01/04/2022 | resources | resources | 31/03/2023 | |
| £ | £ | £ | £ | |
| General | ||||
| General | 115,355 | 312,874 | (308,992) | 119,237 |
| 115,355 | 312,874 | (308,992) | 119,237 | |
| Unrestricted Funds - Previous year | ||||
| Balance at | Incoming | Outgoing | Balance at | |
| 01/04/2021 | resources | resources | 31/03/2022 | |
| £ | £ | £ | £ | |
| General | ||||
| General | 86,831 | 306,265 | (277,741) | 115,355 |
| 86,831 | 306,265 | (277,741) | 115,355 |
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Warming Up The Homeless Notes to the Financial Statements Continued For the year ended 31 March 2023
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
| Balance at | Incoming | Outgoing | Balance at | |
|---|---|---|---|---|
| 01/04/2022 | resources | resources | 31/03/2023 | |
| £ | £ | £ | £ | |
| Restricted funds | 66,025 | 95,871 | (118,184) | 43,712 |
| 66,025 | 95,871 | (118,184) | 43,712 | |
| Restricted Funds - Previous year | ||||
| Balance at | Incoming | Outgoing | Balance at | |
| 01/04/2021 | resources | resources | 31/03/2022 | |
| £ | £ | £ | £ | |
| Restricted funds | 3,268 | 121,301 | (58,544) | 66,025 |
| 3,268 | 121,301 | (58,544) | 66,025 |
Purpose of restricted funds
Restricted funds
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.
18. Analysis of net assets between funds
| Tangible | Net current | Net Assets | |
|---|---|---|---|
| fixed assets | assets / | ||
| (liabilities) | |||
| £ | £ | £ | |
| Unrestricted funds | |||
| General | |||
| General | 15,760 | 103,477 | 119,237 |
| Restricted funds | |||
| Restricted funds | 2,091 | 41,621 | 43,712 |
| 17,851 | 145,098 | 162,949 |
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Warming Up The Homeless Notes to the Financial Statements Continued For the year ended 31 March 2023
Previous year
| Previous year | |
|---|---|
| Unrestricted funds General General Restricted funds Restricted funds |
Tangible fixed assets Net current assets / (liabilities) Net Assets £ £ £ 18,193 97,162 115,355 2,614 63,411 66,025 |
| 20,807 160,573 181,380 |
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