2025-03-31-accounts

Charity number: 1182930

ASHLEY HOUSE HOSTEL

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

ASHLEY HOUSE HOSTEL

CONTENTS

	Page
Reference and Administrative Details of the Charity, its Trustees and Advisers	1
Trustees' Report	2 - 5
Independent Auditors' Report on the Financial Statements	6 - 9
Statement of Financial Activities	10
Balance Sheet	11
Statement of Cash Flows	12
Notes to the Financial Statements	13 - 23

ASHLEY HOUSE HOSTEL

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025

Trustees W Hull A Long N Stroud N Gough G Modood

Charity registered number 1182930 Principal office Dundry House 20 Kingsdown Parade Kingsdown Bristol BS6 5UD Independent auditors Randall & Payne LLP Chartered Accountants Shurdington Road Cheltenham Gloucestershire GL51 4GA

Page 1

ASHLEY HOUSE HOSTEL

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025

TRUSTEES

The Trustees in office during the year 1 April 2024 – 31 March 2025 were: W Hull A Long N Stroud N Gough G Modood The trustees have no beneficial interest in Ashley House Hostel.

GOVERNANCE AND MANAGEMENT

Ashley House Hostel (or Ashley House) is an incorporated charitable association governed by a written constitution which sets out the procedures for the appointment of trustees. Decisions are made by a simple majority of trustees attending and voting at meetings.

OBJECTIVES AND ACTIVITIES

Ashley House Hostel, which remains an Approved Premises (AP), provides accommodation for those mostly on parole licences, but also on bail and community sentences, and other services including supervision, information and advice under the provisions of the Courts & Criminal Services Act 2000.

ACHIEVEMENTS AND PERFORMANCE

In the year to 31 March 2025, we provided accommodation for 244 residents over 8,030 bed nights. Our occupancy was 87.3% which is just below our target of 90% occupancy but higher than the previous year.

All the residents in this period were on licence on arrival at Ashley House.

The average length of stay of all residents was 44.5 days, including some short periods of home leave from prison. The longest residence was 124 days.

Residents leaving the AP are categorised as having successfully completed their residence or as having failed to complete. In the year under review, 76% of residents successfully completed, having been moved on to other accommodation at the end of their residence requirement or as required by their probation officer, or returned to prison after planned home leave. This has remained steady over the previous few years. The remaining 24% left for a number of reasons, including absconding, breach of Approved Premises rules, failing to comply with drug and alcohol treatment, or committing further offences. These former residents will have been returned to jail (if they were on a licence), or to court.

Ashley House serves the National Probation Service in the South West and South Central areas for the most part, but also accepts residents from other areas when a probation officer is available to supervise them. In the year under review, we accommodated residents referred to us from the following other areas: London and Wales.

Probation services classify residents by the risk they present to themselves and to others, and their risk of reoffending. In the period under review, 179 new residents arrived, and of those,

• 5 (2.8%) was classified as very high risk

• 174 (97.2%) were classified as high risk

• None was medium or low risk.

We continue to accommodate a majority of hig risk residents.

Page 2

ASHLEY HOUSE HOSTEL

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

ACHIEVEMENTS AND PERFORMANCE (continued)

Ashley House seeks to give due regard to equality and diversity, and to this end we record the ethnic background of residents using standard census classifications. We are therefore able to analyse the number of residents and resident bed nights by ethnic group. In the year under review, 16.3% of our occupancy was held by residents from minority ethnic groups. 1 resident chose not to disclose his ethnicity.

We also seek as far as practicable to maintain good relations with the local community, recognising the fears and difficulties that neighbours might experience having an Approved Premises in their neighbourhood. Four of our Trustees are, in fact, near neighbours of the Approved Premises, but we also have a Community Liaison Group (CLG), at which representatives of the Probation Service and the Approved Premises meet the AP’s neighbours to discuss and address their concerns.

Residents under supervision in Approved Premises are subject to curfew and required to attend meetings and appointments in the AP as well as with their probation officer and other workers. For the rest of their time, they are allowed to come and go as they wish.

FINANCIAL REVIEW

The majority of the Charity's income (98.5%, 2024: 98.4%) was received through the contract with the Ministry of Justice, in exchange for the management and operation of the Approved Premises.

Total expenditure equalling £1,269,536 (2024: £1,149,606) was incurred in relation to the operation of the AP, resulting in an in-year deficit of (£131,052) (2024: deficit £105,385), which reduced total funds carried forward to £1,790,738 (2024: £1,921,790).

The desktop valuation provided by Richard Harding (Estate Agents & Valuers) in the prior year was deemed by the trustees to remain appropriate.

Page 3

ASHLEY HOUSE HOSTEL

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

FUNDING POLICY

Restricted funds – these are funds received for specific projects as shown in the statement of financial activities on page 14.

Unrestricted funds – these are funds generally available for the administration of the trust which can be expended at the discretion of the trustees in furtherance of the trust’s objectives.

RESERVES POLICY

The Hostel is funded in the main by contracts received quarterly from the Home Office. It is not necessary therefore for the Hostel to carry forward substantial amounts in reserve.

At the period end, reserves held totalled £1,790,738 (2024: £1,931,790). Of this, £1,494,351 (2024: £1,494,351) related to the revaluation reserve.

PLANS FOR FUTURE PERIODS

Preparations were made for the management of the Approved Premises to be transferred to the Ministry of Justice on 31 March 2025.

The Trustees confirm that operations (contract transfer) have ceased in the post year end period. Also that the Charity will continue to own the building, has free cash reserves, minimal ongoing costs and no intention to dissolve the entity in the 12 months following signing.

REMUNERATION POLICY FOR KEY MANAGEMENT PERSONNEL

Key Management personnel pay rates are in line with other charities or companies of a similar size.

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

Charities law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the trust and of the profit or loss of the trust for that period. In preparing those financial statements, the trustees are required to:

• select suitable accounting policies and then apply them consistently

• make judgements and estimates that are reasonable and prudent

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the trust will continue in business

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the trust to enable them to ensure that the financial statements comply with the Charities Acts. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 4

ASHLEY HOUSE HOSTEL

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

STATEMENT OF DISCLOSURE OF INFORMATION TO THE AUDITOR

The trustees who held office at the date of approval of this annual report confirm that:

• so far as they are aware, there is no relevant, information needed by the trust’s independent examiner in connection with preparing his report, of which the trust’s independent examiner is unaware; and

• they have taken all the steps that they ought to have taken as trustees in order to make themselves aware of any relevant information and to establish that the trust’s independent examiner is aware of that information.

Approved by order of the members of the board of Trustees and signed on their behalf by:

Page 5

ASHLEY HOUSE HOSTEL

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ASHLEY HOUSE HOSTEL

Opinion

We have audited the financial statements of Ashley House Hostel (the 'charity') for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

The financial statements have been prepared in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

This has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

In our opinion the financial statements:

• give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its incoming resources and application of resources for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Charities Act 2011.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Page 6

ASHLEY HOUSE HOSTEL

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ASHLEY HOUSE HOSTEL (CONTINUED)

Emphasis of matter

We draw attention to the Trustees’ Report, which describes the charity’s plans for future periods following the cessation of the contract relating to the approved premises. As stated in the Trustees’ Report, although this contract has now ended, the trustees have confirmed their intention for the charity to continue its operations for the foreseeable future and have assessed that the charity has the financial resources and operational capacity to do so. Our opinion is not modified in respect of this matter.

Other information

The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

• the information given in the Trustees' Report is inconsistent in any material respect with the financial statements; or

• sufficient accounting records have not been kept; or

• the financial statements are not in agreement with the accounting records and returns; or

• we have not received all the information and explanations we require for our audit.

Responsibilities of trustees

As explained more fully in the Trustees' Responsibilities Statement, the Trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Page 7

ASHLEY HOUSE HOSTEL

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ASHLEY HOUSE HOSTEL (CONTINUED)

Auditors' responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Capability of the audit in detecting irregularities

• We assessed the risk of material misstatement of the financial statmeents. including the risk of material misstatement due to fraud and how it might occur, by holding discussions with management and those charged with governance.

• We obtained an understanding of laws and regulations that could reasonably be expected to have a material effect on the financial statements through discussion with management and those charged with governance, including financial reporting and taxation legislation. We consider the extent of compliance with those laws and regulations as part of our procedures on the related financial statement items.

• We inquired of management and those charged with governance as to any known instances of noncompliance or suspected non-compliance with laws and regulations. We remained alert to any indication of non-compliance throughout the audit.

• We addressed the risk of fraud through management override by reviewing the appropriateness of a sample of journal entries and other adjustments; assessing whether the judgements made in making key accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business that we come across throughout the audit.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report.

Page 8

ASHLEY HOUSE HOSTEL

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ASHLEY HOUSE HOSTEL (CONTINUED)

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees, as a body, for our audit work, for this report, or for the opinions we have formed.

Benjamin Burch ACA (Senior Statutory Auditor)

Randall & Payne LLP

Chartered Accountants Statutory Auditors Shurdington Road

Cheltenham Gloucestershire GL51 4GA

Date: 15/01/2026

Randall & Payne LLP are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

Page 9

ASHLEY HOUSE HOSTEL

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Note Income from: Charitable activities 3 Investments 4 Total income Expenditure on: Charitable activities 5 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward	Unrestricted funds 2025 £ 1,135,595 2,889 1,138,484 1,269,536 1,269,536 (131,052) 1,921,790 (131,052) 1,790,738	Continuing operations 2025 £ - 2,889 2,889 2,004 2,004 885 1,921,790 885 1,922,675	Discontinued operations 2025 £ 1,135,595 - 1,135,595 1,267,532 1,267,532 (131,937) - (131,937) (131,937)	Total funds 2025 £ 1,135,595 2,889 1,138,484 1,269,536 1,269,536 (131,052) 1,921,790 (131,052) 1,790,738	Continuing operations 2024 £ - (2,186) (2,186) - - (2,186) 2,027,175 (2,186) 2,024,989	Discontinued operations 2024 £ 1,046,407 - 1,046,407 1,149,606 1,149,606 (103,199) - (103,199) (103,199)	Total funds 2024 £ 1,046,407 (2,186) 1,044,221 1,149,606 1,149,606 (105,385) 2,027,175 (105,385) 1,921,790

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 13 to 23 form part of these financial statements.

Page 10

ASHLEY HOUSE HOSTEL

BALANCE SHEET AS AT 31 MARCH 2025

Note Fixed assets Tangible assets 10 Current assets Debtors 11 Cash at bank and in hand Current liabilities Creditors: amounts falling due within one year 12 Net current assets Total assets less current liabilities Net assets excluding pension asset Total net assets Charity funds Restricted funds 14 Unrestricted funds 14 Total funds	1,692 551,955 553,647 (330,354)	2025 £ 1,567,445 1,567,445 223,293 1,790,738 1,790,738 1,790,738 - 1,790,738 1,790,738	1,363 665,568 666,931 (329,141)	2024 £ 1,584,000
				1,584,000 337,790
				1,921,790
				1,921,790
				1,921,790
				- 1,921,790
				1,921,790

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

The notes on pages 13 to 23 form part of these financial statements.

Page 11

ASHLEY HOUSE HOSTEL

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025

Cash flows from operating activities Net cash used in operating activities Cash flows from investing activities Interests Purchase of intangible assets Net cash (used in)/provided by investing activities Cash flows from financing activities Net cash provided by financing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year The notes on pages 13 to 23 form part of these financial statements	2025 £ (96,660) 2,890 (19,842) (16,952) - (113,612) 665,567 551,955	2024 £ (49,362) 7,346 - 7,346 - (42,016) 707,583 665,567

Page 12

ASHLEY HOUSE HOSTEL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. General information

Ashley House Hostel (or Ashley House) is an incorporated charitable association, registered with the Charity Commission under the charity number 1182930 and is governed by a written constitution, and the Charities Act 2011.

2. Accounting policies

2.1 Basis of preparation of financial statements

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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) 2nd edition, and the Charities Act 2011.

Ashley House Hostel 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.

2.2 Going concern

The financial statements have been prepared on a going concern basis. The trustees have considered the charity’s financial position and future plans as set out in the Trustees’ Report, including the impact of the cessation of the contract relating to the approved premises during the year. Although this contract has ended, the trustees have reviewed the charity’s forecast income, expenditure, reserves and operational commitments and are satisfied that the charity has adequate resources to continue in operational existence for the foreseeable future.

Accordingly, the trustees consider that there are no material uncertainties that cast significant doubt on the charity’s ability to continue as a going concern, and the financial statements are prepared on that basis.

2.3 Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Page 13

ASHLEY HOUSE HOSTEL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

2.4 Income

All income is 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:

• i. Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

• ii. Donated services and facilities are included at the value to the charity where this can be quantified.

• iii. The value of services provided by volunteers has not been included in these accounts.

• iv. Investment income is included when receivable.

• v. Income from charitable trading activities is accounted for when earned.

• vi. Income from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

2.5 Expenditure

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered

i. Costs of generating funds comprise the costs associated with attracting voluntaryincome and the costs of trading for fundraising purposes.

ii. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

iii. All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis.

Page 14

ASHLEY HOUSE HOSTEL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

2. Accounting policies (continued)

2.6 Tangible fixed assets and depreciation

Tangible fixed assets are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

• Freehold property straight-line over 50 years

2.7 Pension Scheme

The charity participates on behalf of its staff in the Avon Pension Fund which is a funded defined benefit scheme. An actuarial valuation was carried out in 2010 which indicated a deficit of £256,000 in respect of the Fund’s liabilities towards the charity’s staff. This deficit was provided by the National Offender Management Services (now the National Probation Services) and the amount is held in a separate bank account in case it needs to be drawn on. The most recent actuarial valuation was carried out in 2025 which indicated a negligible actuarial liability of £5,000. Interest earned on deposited monies held in escrow is accrued against a corresponding liability in the financial statements, in accordance with the legal contracts which govern it.

2.8 Fixed assets held at revalued amounts

Freehold property is held under the revaluation model. This amount is the asset’s fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting period.

2.9 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

2.10 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

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ASHLEY HOUSE HOSTEL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

3. Income from charitable activities

	Unrestricted	Total	Total
	funds	funds	funds
	2025	2025	2024
	£	£	£
Income from charitable activities	1,135,595	1,135,595	1,046,407

4. Investment income

	Unrestricted	Total	Total
	funds	funds	funds
	2025	2025	2024
	£	£	£
Investment income	2,889	2,889	(2,186)

An historical correction to investment income was recorded in the prior period.

5. Analysis of expenditure on charitable activities

Summary by fund type

Unrestricted funds 2025 £ Charitable activities 1,269,536 Analysis of expenditure by activities Support costs 2025 £ Charitable activities 1,269,536	Total 2025 £ 1,269,536 Total funds 2025 £ 1,269,536	Total 2024 £ 1,149,606
		Total funds 2024 £ 1,149,606

6. Analysis of expenditure by activities

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ASHLEY HOUSE HOSTEL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

7. Auditors' remuneration

	2025	2024
	£	£
Fees payable to the Charity's auditor for the audit of the Charity's annual
accounts	6,150	5,950

8. Staff costs

2025 £ Wages and salaries 640,973 Social security costs 44,131 Contribution to defined contribution pension schemes 221,796 906,900 The average number of persons employed by the Charity during the year was as follows: 2025 No. Employees 19	2024 £ 598,045 35,918 188,139
	822,102
	2024 No. 22

No employee received remuneration amounting to more than £60,000 in either year.

9. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .

During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NIL) .

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ASHLEY HOUSE HOSTEL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

10. Tangible fixed assets

Cost or valuation At 1 April 2024 Additions Disposals At 31 March 2025 Depreciation At 1 April 2024 Charge for the year On disposals At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024	Freehold property £ 1,800,000 19,842 - 1,819,842 216,000 36,397 - 252,397 1,567,445 1,584,000	Plant and machinery £ 5,821 - (5,821) - 5,821 - (5,821) - - -	Fixtures and fittings £ 9,584 - (9,584) - 9,584 - (9,584) - - -	Office equipment £ 12,591 - (12,591) - 12,591 - (12,591) - - -	Total £ 1,827,996 19,842 (27,996)
					1,819,842
					243,996 36,397 (27,996)
					252,397
					1,567,445
					1,584,000

The property was revalued on 10 January 2025 by Richard Harding (Estate Agents and Valuers), at a market value of between £1,500,000 and £1,750,000. The Trustees consider that the current valuation in the financial statements falls within this range and have therefore opted not to adjust the valuation in the accounting period.

11. Debtors

Due within one year Prepayments and accrued income	2025 £ 1,692 1,692	2024 £ 1,363 1,363

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ASHLEY HOUSE HOSTEL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

12. Creditors: Amounts falling due within one year

Trade creditors Other taxation and social security Other creditors Other creditors: Pension escrow monies Accruals and deferred income	2025 £ 7,245 13,190 20,042 270,748 19,129 330,354	2024 £ 14,768 10,709 18,272 265,532 19,860
		329,141

13. Financial instruments

	2025	2024
	£	£
Financial assets
Financial assets measured at fair value through income and expenditure	551,955	665,568

Financial assets measured at fair value through income and expenditure comprise cash at bank and in hand.

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ASHLEY HOUSE HOSTEL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

14. Statement of funds

Statement of funds - current year

Unrestricted funds General Funds - all funds Revaluation reserve Statement of funds - prior year Balance at 1 April 2023 £ Unrestricted funds General Funds - all funds 496,824 Revaluation reserve 1,530,351 2,027,175	Balance at 1 April 2024 £ 427,439 1,494,351 1,921,790 Income £ 1,044,221 - 1,044,221	Income £ 1,138,484 - 1,138,484 Expenditure £ (1,149,606) - (1,149,606)	Expenditure £ (1,269,536) - (1,269,536) Transfers in/out £ 36,000 (36,000) -	Balance at 31 March 2025 £ 296,387 1,494,351
				1,790,738
				Balance at 31 March 2024 £ 427,439 1,494,351
Unrestricted funds General Funds - all funds Revaluation reserve
				1,921,790

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ASHLEY HOUSE HOSTEL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

15. Summary of funds

Summary of funds - current year

General funds Summary of funds - prior year Balance at 1 April 2023 £ General funds 2,027,175	Balance at 1 April 2024 £ 1,921,790 Income £ 1,044,221	Income £ 1,138,484 Expenditure £ (1,149,606)	Expenditure £ (1,269,536) Transfers in/out £ -	Balance at 31 March 2025 £ 1,790,738
				Balance at 31 March 2024 £ 1,921,790

16. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted funds 2025 £ Tangible fixed assets 1,567,445 Current assets 553,647 Creditors due within one year (330,354) Total 1,790,738	Total funds 2025 £ 1,567,445 553,647 (330,354)
	1,790,738

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ASHLEY HOUSE HOSTEL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

16. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior year

Tangible fixed assets Current assets Creditors due within one year Other unallocated Total	Unrestricted funds 2024 £ 1,584,000 666,931 (329,141) (2) 1,921,788	Total funds 2024 £ 1,584,000 666,931 (329,141) (2)
		1,921,788

17. Reconciliation of net movement in funds to net cash flow from operating activities

Net expenditure for the year (as per Statement of Financial Activities) Adjustments for: Depreciation charges Decrease/(increase) in debtors Increase in creditors Interest Net cash used in operating activities	2025 £ (131,052) 36,397 (329) 1,213 (2,889) (96,660)	2024 £ (105,385)
		36,000 1,832 25,537 (7,346)
		(49,362)

18. Analysis of cash and cash equivalents

Cash in hand Total cash and cash equivalents	2025 £ 551,955 551,955	2024 £ 665,567
		665,567

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ASHLEY HOUSE HOSTEL

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

19. Analysis of changes in net debt

Cash at bank and in hand	At 1 April 2024 £ 665,568 665,568	Cash flows £ (113,613) (113,613)	At 31 March 2025 £ 551,955
			551,955

20. Pension commitments

The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £221,796 (2024 - £188,139) were payable to the fund at the balance sheet date and are included in creditors.

21. Post balance sheet events

Cessation of operations - transfer of contract

On 1 April 2025, the contract for the management and operation of the approved premises was transferred to the Ministry of Justice. Accordingly, income and expenditure related to the contract has been treated as discontinued operations in the Statement of Financial Activities.

The central operations of the Charity have ceased as of 1 April 2025, however the Charity:

• Retains ownership of the freehold property;

• Holds sufficient free reserves;

• Has trivial run-off expenses to fund from free reserves.

The Trustees have no intention of winding up the entity in the 12 months following the signing of the financial statements.

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