Company Registration No. 11624796 (England and Wales) HOMELESS STREET ANGELS LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 HOMELESS STREET ANGELS LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS Page Company inforrnation Directors, report Accountants. report Income statement Statement of fin8ncial position Notes to the 8ccounts HOMELESS STREET ANGELS LIMITED COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2024 Directors B Joyce R Stone Company Number 11624796 (England and Wa1esl Registered Office Charity R8gistration NuTnber 1185876 29 Sandringham Way Leeds LS17 8BX Accountants Hayton Accountancy Ltd HOMELESS STREET ANGELS LIMITED (COMPANY NO: 11624796 ENGLAND AND WALES) DIRECTORS. REPORT The directors present their report and accounts for the year ended 31 March 2024. Principal activity The charitable company's objectives are set out in the Memorandum and Articles ol Association dated 10 September 2018, subs8qLJently amended on 21 S8Pt8mber 2019. The aim of our charity is to promote soci81 inclusion for the public ben8fit by working with people in Leeds and the surrounding area who are socially excluded as a result of homelessness or risk of homelessness. During the year ended 31 March 2024 we have grown further. assisted by the generosity of our donors and the hard work of our trustees and volunteers. Alongside feeding and clothing over 100 of our homeless clients in the city centre every Thursday night, our foodbank registei ha5 increased by 50¢A during 2023124 to 640 families. Our office and storage facility in Chapel Allerton has served us well, but we are now outgrowing this base for the charity. We have follow8d our two year strategy in 2023 and 2024 of accutnulating fund5 Wlth a vi8w to acquiring premi58S and w8 ar8 now v8ry close to achieving our goal of having a support centre, which will be called Abi House. Abi House will be a safe place which our clients can come to for food, advi￿ and get a helping hand in devel(>ping life skills. We will have exlra storage for furniture and 8ppli8nces. a rrt-for-purpose foodbank and other spaces in which volunteers can provide extra services for the homeless in the city ol Leeds. As well as having this base, we are very grateful to local businesses such as dentists and podiatrists who have provided Iife-changing assistance for our elients. Our team of volunteers has grown over the last 12 months, and we now have over 50 people helping with the outreach, food parcels delivery and the collection of donations. Quite simply, the charity would be unable t(> help the homeless in Leeds without the dedioated support of our volunteers and the trustees arg Very grateful for thgir work. We are regularly attending meetings with the local authority, public service groups and local businesses. Whilst our focus remains on direct assistance for our cli8nts, we also recognise that part of our work should be to engage with the comrnunity to r8ise awareness and to react to change, such as the proposed Criminal Justi￿ Bill which, in its current form, will criminalise the htsmeless. Our Christmas single, appearances at awards ceremonies and on national television, have all helped to both raise awareness of homelessness and to enwurage donors to continue to support us. Activities undertaken to further public benefit are focussed around the relief of homelessness for persons in the city of Leeds and the surrounding ar8a, regard18ss of rac8, gend8r or s8XU81 orientation. The company is registered a5 a charity with th8 Charity Commission and the directors confirm that they have cornplied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England & Wales. The charity has the following trustees. The full board of trustees meets on a quarterfy basis, with further interirn meetings on 8 more regular basis to discuss operational issues.. S Gurnbs B Joyce J Mulkeen S Shapero R Stone The following directors held office during the whole of the period.. B Joyc8 R Stone Directors The following directors held office during the whole of the period.. B Joyce R Stone Statement of directors. responsibilities The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each finanaal year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and 8pplicab18 lawl. Und8r company law th8 dir8ctors must not approve the 8ccounts unl855 they ar8 58tis118d that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to.. select suitable accounting policies and then apply them consistenuy,. make judgements and estimates that are reasonable and prudent., piepare the accounts on the g￿ng Concern basis unless it is inappropriate to presume that the eompany will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transaction5 and disclose with reasonable accuracy at any titne the financial p051ts.on ol the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps lor the prevention and detection ol fraud and other irregularities. Small company provisions This report has been prepared in accordan￿ with the special provisions relating to small companies within Part 15 of the Companies Act 2006. Signed on beh8lF of the board of diredors R Stone Direct()r Approved by the board on= 31 May 2024 CHARTERED ACCOUNTANTS. REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF HOMELESS STREET ANGELS LIMITED FOR THE YEAR ENDED 31 MARCH 2024 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Hom8less Street Angels Limited for the year ended 31 M8roh 2024 as set out on pages 7 - 11 from th8 wmpany's accounting records and from information and explanations you have given us. As a practising member firm Of the Institute of Chartered Accountants in England and Wales IICAEWI, we are subject to its ethical and other professional requirernents which are detailed al i¢8ew.¢x)mlmembershandbook. This report is made solely to the Board of Directors of Homeless Street Angels Limited, as a body, in accordance with the lems of our engagement letter dated 16 December 2021. Our work has been undertaken solely to piepare for your approval the accounts of Homeless Street Ang815 Limit8d and State thos8 tmatters that we hav8 agr88d to state to the Board of Directors of Homeless Street Angels Limrted. as a body, in this report in accordance with AAF 07116 as detailed al icaew.comlcompilation. To the fullest extent permitted by law, we do not a¢￿p( or assume responsibility tc) anyone other than Homeless Street Angels Limited and its Board of Directors as a body for our work or for this r8port. It is your duty to ensure that Homeless Street Angels Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Homeless Street Angels Limited. You consider that Horneless Street Angels Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Homeless Street Angels Limited. For this reason. we have not verified the accuracy c)r completeness ol the accounting records or infomation and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. Hayton Accountancy Ltd Chartered Accountants 31 May 2024 HOMELESS STREET ANGELS LIMITED INCOME STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Turnovgr Cost of sale5 126,685 189,2801 106,916 178,0511 Gross profit 37,405 28,865 Operating profit 37,405 28,865 Profit on ordinary activities before taxation 37,405 28,865 Tax on profit on ordinary activities Profit for the financial year 37,405 28,865 HOMELESS STREET ANGELS LIMITED STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2024 2024 2023 NotOS Fixgd assets T8ngible assets 2,467 2,124 Current assets Debto Cash at bank and in hand 4,011 148.010 2,792 112,167 152,021 114,959 Ngt curront a¥sgt$ 152,021 114,959 Net assets 154,488 117,083 Capitsl and reserves Profit and loss account 154,488 117,083 Shareholders. funds 154.488 117,083 For the year ending 31 March 2024 the company was enlilled 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 in accordance with section 476 of the Gompanies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These account5 have been prepared in accordance with the piovisions applicable to companies subject to the small companies, regime and in acwrdance with the provisions of FRS 102 Section IA- Small Entities. The financial statements were approved by the Board ol Directors and authorised for issue on 31 May 2024 and were signed on its b8half by R Stone Director Company Registration No. 11624796 HOMELESS STREET ANGELS LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 1 Statutory information Homeless Street Angels Limited is a private company, lirnited by shares, registered in England and Wales, registration nurnber 11624796. The r8gistered offic8 is Gh8rity R8gistration Number 1185876, 29 Sandringham Way, Leeds, LS17 8BX. 2 Compliance with accounting standards The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entiiies. There were no material departures from that standard. 3 Accounting policigs The prinap81 aeeounting polieies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been wnsistently applied within thg same accounts. Basis of preporation The accounts have be8n pr8par8d under th8 historical c05t convention as rnodifi8d by the revaluation of c8rtain fixed assets, in accordance with Accounting and Reporting by Charities Statement of Recomrnended Practs'ce applicable in the UK and Republic of Ireland (effective 1 January 20151. They also cotnply with the Companies Act 2006 and Charities Act 2011. Hom&less Str88t Ang81s Limit&d rn88ts th8 definition of a public benefit entity under FRS 102. Presentation currency The accounts are presented in £ st8rling. Tangible fixed assets and depreciation Tangible assets are included at Cost less depreciats.on and impairment. Depieaation has been provided at the followng lates in order to write off the assets over their estirnated useful lives.. Motor vehicles Fixtures & fitting5 25Yo reducing balance basis 330h straight line ba51S Going concern The Finanaal Statements have been prepared (>n a going eoneem basis. The directors and ttustees assess whether the use of going conc8rn is 8ppropriat8, 1.8. wheth8r there 8r& any mat8ri81 unc8rtainti8s r81at8d to &vents or conditions that rnay cast significant doubt on the ability of the charity to continue as a going concern. The directors and Iruslees make this assessment in respect of a period of one year fr(>tn the date of the approval of the financial statetnents. Income All income is recognised once the charity has entitlement to the income. Cash donations are recognised on receipt. Other don8tions 8re r8cogn15ed when the charity ha5 be8n notrf18d in writing of both th8 amount and settlement dat8. In the event that a donation is subject to conditions that require a level ol performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until those conditions are fully met. Grants Grants are recognised when the charity has an enlillement to the funds and any conditions linked to the grants have been met. Where performan￿ conditions are attached to th8 grant and ai8 y8t to b8 met, th8 incotn8 is r8cogn15ed as a liability and included on the Stslement of Financial Position as deferred income to be released. HOMELESS STREET ANGELS LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Charitable activities and costs Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and setvices for its beneficiaries, costs that can be allocated directly to such activities and costs of an indirect nature necessary to support them. SLJPPOrt costs includ8 C8ntral functions and h8v8 be&n allocated to activity cost cat&gori85 on a basis con5iSt&nt with the us8 of resources. Governan￿ eosts inelude the eosts attributable to the eharity's Compliance with c(>nstrtutional and ststutory requirements, including audit. strategic managernent and trustees, meetings and reimbursed expenses. Fund structure Unrestricted income funds are general funds that are available for use at the directors. and trustees. dI￿retIOn in furtheran￿ of the objectives of the charity. 4 Tumover All incotne from donations and leg8Cl8s are in respect of g8n8ral fund5. There w8r8 no grants from oth8r charit18S. All expenditure during the accounting period has been incurred on providing support to homeless people. There were no gc)vernance cc)sts during the accounting period. 6 Taxatlon The charity is a registered charity and is exempt from Corporation Tax. 7 Tangible fixed assets Land & buildings Motor vehicles Fixtures & fittings Total Cost or valuation At 1 April 2023 Additions At cost At cost 5.000 At cost 369 5.369 750 750 At 31 March 2024 750 5,000 369 6,119 Depreciation At 1 April 2023 Charge for the year 3,050 390 195 17 3,245 407 At 31 Maich 2024 3,440 212 3,652 Net book value At 31 March 2024 750 1,560 157 2,467 At 31 March 2023 1.950 174 2.124 8 Debtors 2024 2023 Amounts falling due within one year Aurued income and prepayments Other debtors 2.011 2,000 792 2,000 4,011 2,792 10- HOMELESS STREET ANGELS LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 9 Transactions with related parties During the accounting period the chaiity paid rernLJneiation to a trustee, Shelley Anne Joyce, of £33,01612023- £31,944). 10 Average number of employees During the year the average number of employees was 112023.. 11.