CHARITY COMMISSION FOR ENGLANO AND WALES Trustees, Annual Report for the period From 01 July 2022 to 30 June 2023 Charity name: Midlands Housing Charity Charity registration number: 1180517 Objectives and Activities SORP rpler Summary of the purposes of the charity as sel out in ils governing document Para 1.17 Midlands Housing Charity was Sel up in 2018 to advan￿ thè health and relieve thè needs ol people with disabilities in necessitous circumstances upon temis appropriate to th8ir means by providing housing and associated servI￿s. The trustees have ￿ntInUed lo pay due regard lo gu￿anCE issued by the Charity Commission in deciding whal activities the charity should undertake. Summary ofthe main activities in relation lo those purposes for the public benefit, in particular. the activities, projects or services identified in the a¢¢ounts. Par8 1.17 1.19 The main 8clivilies were as follows.. Atlvancemenl of hèalth The prevention and relief of poverty Rehabilitatson and aftercare Relief of people in need The charity is funded by local govemmenl lunding. in the form ol Housing Benefit for supported and exempl accommodation. This funding is ￿ceived when certain criteria are met with ￿gard to the vulnerability of thè tènants and the facl (hat the charity is a not for profil organizats'on. During the period we looked for bul did not source any fvrther suitable properties. Post period end we identifièd four properties that mat the criteria for properties we would lease and began negotiation with the builder. We ¢onb"nued lo assisl the beneficiaries to claim benefits to pay their rents and other benefits enlidements These activities beneffted beneficiaries by giving them accommodation that they would find not otherwse be able to a¢c&ss easily and improving their health through the aftercare and rehabilitation possible in Ihese environments. By provided specialist housing and support for people disadvantsged by phy5iGal. mental or leaming difficulties we have enabled the Government's Su rted livin Iniliative. The charity hopes to continue this service in the futu￿. statement confimiing whether the Iruslees have had regard to the guidance issued by the Charity Commission on public benefit pa￿ 1.18 In planning our a¢tivilies for the period. we kept in mind the Charity Commission's guidan￿ on public benefrt at our tnjstee meetings. Achievements and Performance SORP relerence Summary of the main achievements of the charity. identifying the difference the charity's work has made lo the circumstances of ils beneficiaries and any WKler benefits to sociely as a whole. Pwa 1.20 In thè ￿riod we shortlistèd and assèssèd four polenlial properties but did not find any ol them to be of a standard suitable for the beneficiary group. The beneficiaries of our service5 in the period remained unchanged from the previous period. The a¢comm(xlalion fomis an inlegral part of their rehabililalion and aftercare. HC idenlrfies the accommodatK)n, acquires it and then cusiomises it (where necessary) lo meet Ihe nee(Is of the proposod beneficiaries. MHC worked intensely to ensure that agrèèd support was in place, that services were ready to start, and that any adaptations required were made and thal appropriate 8quipment has been installed lo ensure that appropriate aftercare and rehabilitslion can be provide(l. We worked wilh our beneficiaries to support them lo receive alongside housing their full benefits enlitlemenl. In some cases, the sums are significant and will hav8 a dramall¢ effect on the lives of the individuals and families involved. Financial Review Review of the charity's financial position al the end of the period Para 1.21 In the period to 30 June 2023, we recorded an income 01 £70,147 and achieved a small operating surplus. The principal source of income is renl Our tèam continued to 0￿rat8 4 prOp&￿eS in ihe period. This achievement continues to ￿ a lestamenl lo the hard work the team puts in and ihe uali of the homes we source. The trustees aim lo ￿aIn￿1n free reserves in unrestricted ftjnds at a level equivalent to three months expendilure. This level would allow the charity to conlinue its activities for a reasonable period in the event of a sudden curtailment in income At the end of Ihe peri(x1 the charity held £43 in reserves NIA statement explaining Ihe policy for holding reserves stating why they are held P8ra 1.22 Amount of reserves held Para 1.22 Reasons for holding zero reserves P8rn 1.Z2 Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concem Para 1.24 NIA Para 1.23 NIA Structure, Governance and Management Description of charity's trusts.. Type of goveming document Para 1.25 CIO Foundation registered on 01 Novembef 2018 Charitsble Incorporated Organisation How is the charity constituted? P8ra 1.25 Trustee selection methods including details of any constitution81 provisions e.g. election lo post or name of any person or body enlilled to appoint one or more trustees Para 1.25 Trustees are appointed or reappointed annually al ihe Annual General Meeting Reference and Administrative details Charil name Other name the charil uses islered charil number Charity s principal address Midlands Housing Charity 1180517 Britannia House 1-11 Glenlhome Road H8mmersmth London W6 OLH Names of the charity trustees who manage the charity Date$ a¢ted If not forwho ¢or Trustee name oirice lif anyl Name of person lor body) entltleil olnt tru$t¢¢ Ifan Kamaldeep Singh Takhar Chair Annalisa Villa Funds held as custodian trustees on behalf of others Description of the assets held in this capacity None Name and objects of the charity on whose behalf the assels are held and how this falls within the custodian charity's objects NIA Details of arrangements for safe custody and segregation of such assets from the charity s own assets NIA Declarations The trustees declare that they have approved the trustees. report above. Slgned on bohalf of tho ¢harlty'$ trusteos Slgnaturelsl Full nam•l$l Posltlon {•g Secretary. Chalr, otc) Kamaldeep Singh Takhar Chair Date 1010512024 **----- Start of picture text -----**
Midlands Housing Charity 1180517
Receipts and payments accounts CC16a
For the period Period start date Period end date
To
from 01-Jul-22 30-Jun-23
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations - - - -
Rent Received 70,147 - - 70,147 71,826
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
- - 70,147 71,826
AR) [ 70,147 ]
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 70,147 - - 70,147 71,826
A3 Payments
Lease Rentals 69,225 - - 69,225 71,922
Accountancy fees 900 - - 900 -
Bank Charges 3 - - 3 3
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total [ 70,128 ] - - 70,128 71,925
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 70,128 - - 70,128 71,925
Net of receipts/(payments) 19 - - 19 - 99
A5 Transfers between funds - - - - -
A6 Cash funds last year end 24 - - 24 123
Cash funds this year end 43 - - 43 24
**----- End of picture text -----**
CCXX R1 accounts (SS) 13/05/2024 1 |**Section B Statement of assets and liabilities at**|**Section B Statement of assets and liabilities at**|**the end of the period**|| |---|---|---|---| |**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B5 Liabilities**
**B3 Investment assets**
**B2 Other monetary assets**
**B4 Assets retained for the**
**charity’s own use**
**B1 Cash funds**|**Details**
**Details**
**_Total cash funds_**
(agree balances with receipts and payments
account(s))
Bank Account
**Details**
**Details**
**Details**
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**43**
**-**
**-**
**-**
**-**
**-**
**43**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Kamaldeep Takhar|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**| ||||**-**| ||||OK| ||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
10-May-24| CCXX R2 accounts (SS) 13/05/2024 2 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of MIDLANDS HOUSING CHARITY On accounts for the year ended 30 June 2023 Charity no (If any) 1180517 Set out on pages 3and4. IrArnpJnhAr trtwJLJdAlhA niirntr￿r4 nf additinnAI shegts,. I report to the Iruslees on my examination of the accounts of the above charity I'the Trust") for the year ended 3010612023. Responslbllltles and As the charity Iruslees of the Trust, you are responsible for Ihe preparation basls of report of the accounts in accordance with the requirements of the Charities Act 20111.the Acl'l. I report in respect of my examination of the Trust's accounts carried out under seclion 145 of the 2011 Act and in carying out my examination, I have followed the applicable Directions given by the Chanly Commission under section 14S(51{bl of the Act. I have completed my examination. I confirm that no material matters have come to my allenlion {olher than that disclosed below ') in connection with the examinatson which gives me cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord wilh the accounting records Independent examinerfs statement I have no concems and have come across no other matters in connection with the examination lo which attention should be drawn in order to enable a proper underslanding of the accounts to be reached. Please delete the words in the b￿CketS if they do not apply. Slgned: Date: 1010512024 Name: Ketan Shah Relevant professlonal qualificationlsl or body lif any}: ICAEW Address: 16 Beaufort Court Admirals Way. London E14 9XL IER October 2018 Section B Disclosure Only complete if the examiner needs to highlight matters of concem Isee CC32, Independent examination of charity accounts- directions and guidance for examiners). Give here brief details of any items that the gxaminer wishes to disclose. None. IER October 2018 CHARITY COMMISSION FOR ENGLAND AND WALES Receipts and payments accounts CC16a For the perfjod from 01-Juk22 Jun-23 Section A Receipts and payments Unrestricted funds th• nur¢st Restricted fijnds Endowment funds Total funds Last year tolh• n•rmt£ tv lh• nMrHtt to lh• nearest£ A1 Rac8ipts Donat￿￿$ Reni Recaived 70.147 70.147 71.826 Sub tot41(Gross income for ARI 70.147 70.147 71.826 A2 Ass•t and Inv•slm•nt 8al•8. {••• tsbl•l. Sub total Total recelpts 70,147 70,147 71,826 A3Pa ments Leasè Reniels AccountAnty 1•0$ Char ¢9,22$ ,22$ 900 71,922 Sub total 70.1 70.128 71.925 M A55•t and Inve5trnent ur¢haso1, see table Sub total YO,128 70,12B 71,925 Net of recelpts/(payments) A5 Transfers between funds A6 Cash fund8 last year end Cash funds this year end 19 19 24 24 123 24 CCXX R1 acwJnis ISSI 1010512024 Section B Statement of assets and liabilities at the end of the period Unre$tricted funds to Marqst£ Restricted fund5 to n8&r88te Endowment fund5 aLegt)fi*¥ to n8ar88t B1 Cash funds Bankknwnt Total cash funds 43 Unwtrl¢ted funds 4r•st E Re$lrl¢ted funds to n•Jrè%t£ Endowment nds to n•aroSt£ Oetsi15 Futhd itsTr*hleh 4•••tbol Coit l+JpOonall Cumint vAIu• Futhd its*thleh Cuvrnnt vAIu• Detslls Coit I￿onall B4 Assèts r•taln•d for th• ¢harity'a own usè Fund tr*¥Jhl¢h Arnoun¢duo When due Det3il$ B5 Liabilitiès Signed by one or t￿￿) trustees ijn behalf of all Ihe Iruslees SwJnabJre Print Name Dale of val KaTnakJee Takhar 10-Ma -24 CCXX R2 acwJnis ISSI 1010512024