2025-03-31-accounts - Homeless Street Angels Limited

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Company Registration No. 11624796 (England and Wales)

HOMELESS STREET ANGELS LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

HOMELESS STREET ANGELS LIMITED ANNUAL REPORT AND UNAUDITED ACCOUNTS CONTENTS

	Page
Company information	3
Directors' report	4
Accountants' report	6
Income statement	7
Statement of financial position	8
Notes to the accounts	9

HOMELESS STREET ANGELS LIMITED COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2025

Directors B Joyce R Stone S Gumbs J Mulkeen S Shapero Company Number 11624796 (England and Wales) Registered Office Charity Registration Number 1185876 6 Sheepscar Court Leeds LS7 2BB United Kingdom 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 2025.

Principal activity

The charitable company's objectives are set out in the Memorandum and Articles of Association dated 10 September 2018, subsequently amended on 21 September 2019. The aim of our charity is to promote social inclusion for the public benefit 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 2025 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 register has increased to 870 families. �

We have now achieved our goal of having our support centre, Abi House. We had our official opening day on the 29th November. Abi House is a safe place where our clients can come to for food, advice and get a helping hand in developing life skills. �

We hold weekly life skills classes which we have found to be enriching and beneficial to our clients. The classes include art, cooking, creative writing, exercise and acting. We are planning an art exhibition in the near future to showcase our clients amazing creations.�

We also now have extra storage for furniture and appliances, a fit-for-purpose foodbank and other spaces in which volunteers can provide extra services for the homeless in the city of Leeds. As well as having this base, we are very grateful to local businesses such as dentists and podiatrists who have provided life-changing assistance for our clients.�

We now have over 50 volunteers helping with the outreach, food parcels and the collection of donations. Quite simply, the charity would be unable to function without the dedicated support of our volunteers and the trustees are very grateful for their 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 clients, we also recognise that part of our work should be to engage with the community to raise awareness and to react to change. �

Our Christmas single, appearances at awards ceremonies and on national television, have all helped to both raise awareness of homelessness and to encourage 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 area, regardless of race, gender or sexual orientation. The company is registered as a charity with the Charity Commission and the directors confirm that they have complied 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 an active board of trustees and we are grateful to them all for their continued contributions. The trustees, who are also directors of the company, meet at least on a quarterly basis, with further interim meetings on a more regular basis, attended by non-trustees as well, to discuss operational issues. Monthly financial accounts are prepared and circulated to all trustees within two weeks of each month end. The board of directors considers that it has the expertise to ensure good corporate governance and to manage the operational risks facing the organisation.

Directors

The following directors held office during the whole of the period:

B Joyce R Stone

The following directors were appointed during the period:

S Gumbs was appointed on 16 May 2024. J Mulkeen was appointed on 16 May 2024. S Shapero was appointed on 16 May 2024.

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 financial 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 applicable law). Under company law the directors must not approve the accounts unless they are satisfied 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 consistently;
make judgements and estimates that are reasonable and prudent;
prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of 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 for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.

Signed on behalf of the board of directors

............................................................................

R Stone Director

Approved by the board on: 31 May 2025

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 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Homeless Street Angels Limited for the year ended 31 March 2025 as set out on pages 7 - 11 from the company'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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Homeless Street Angels Limited, as a body, in accordance with the terms of our engagement letter dated 16 December 2021. Our work has been undertaken solely to prepare for your approval the accounts of Homeless Street Angels Limited and state those matters that we have agreed to state to the Board of Directors of Homeless Street Angels Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Homeless Street Angels Limited and its Board of Directors as a body for our work or for this report.

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 Homeless 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 or completeness of the accounting records or information 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 2025

HOMELESS STREET ANGELS LIMITED INCOME STATEMENT FOR THE YEAR ENDED 31 MARCH 2025

Turnover 4 Cost of sales Gross profit Administrative expenses Operating profit 5 Interest payable and similar charges Profit on ordinary activities before taxation Tax on profit on ordinary activities 6 Profit for the financial year	2025 £ 147,409 (99,803) 47,606 (37,829) 9,777 (6,893) 2,884 - 2,884	2024 £ 126,685 (56,264)
		70,421 (33,016)
		37,405 -
		37,405 -
		37,405

HOMELESS STREET ANGELS LIMITED STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025

Notes Fixed assets Tangible assets 7 Current assets Debtors 8 Cash at bank and in hand Creditors: amounts falling due within one year 9 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 10 Net assets Capital and reserves Profit and loss account Shareholders' funds	2025 £ 294,271 3,680 49,138 52,818 (2,580) 50,238 344,509 (187,137) 157,372 157,372 157,372	2024 £ 2,467 4,011 148,010
		152,021 -
		152,021
		154,488 -
		154,488
		154,488
		154,488

For the year ending 31 March 2025 the company was entitled 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 Companies 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 accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.

The financial statements were approved by the Board of Directors and authorised for issue on 31 May 2025 and were signed on its behalf by

R Stone Director

Company Registration No. 11624796

HOMELESS STREET ANGELS LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

1 Statutory information

Homeless Street Angels Limited is a private company, limited by shares, registered in England and Wales, registration number 11624796. The registered office is Charity Registration Number 1185876, 6 Sheepscar Court, Leeds, LS7 2BB, United Kingdom.

2 Compliance with accounting standards

The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.

3 Accounting policies

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Basis of preparation

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets, in accordance with Accounting and Reporting by Charities Statement of Recommended Practice applicable in the UK and Republic of Ireland (effective 1 January 2015). They also comply with the Companies Act 2006 and Charities Act 2011. Homeless Street Angels Limited meets the definition of a public benefit entity under FRS 102.

Presentation currency

The accounts are presented in £ sterling.

Tangible fixed assets and depreciation

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:

Motor vehicles 25% reducing balance basis Fixtures & fittings 33% straight line basis

Going concern

The Financial Statements have been prepared on a going concern basis. The directors and trustees assess whether the use of going concern is appropriate, i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The directors and trustees make this assessment in respect of a period of one year from the date of the approval of the financial statements.

Income

All income is recognised once the charity has entitlement to the income. Cash donations are recognised on receipt. Other donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of 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 entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the Statement of Financial Position as deferred income to be released.

HOMELESS STREET ANGELS LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

Charitable activities and costs

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries, costs that can be allocated directly to such activities and costs of an indirect nature necessary to support them. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.�

Governance costs include the costs attributable to the charity's compliance with constitutional and statutory requirements, including audit, strategic management and trustees' meetings and reimbursed expenses.

Fund structure

Unrestricted income funds are general funds that are available for use at the directors' and trustees' discretion in furtherance of the objectives of the charity.

4 Turnover

All income from donations and legacies are in respect of general funds. There were no grants from other charities.

All expenditure during the accounting period has been incurred on providing support to homeless people. There were no governance costs during the accounting period.

6 Taxation

The charity is a registered charity and is exempt from Corporation Tax.

7 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 8 Debtors Amounts falling due within one year Accrued income and prepayments Other debtors	Land & buildings £ At cost 750 281,722 - 282,472 - - - - 282,472 750	Motor vehicles £ At cost 5,000 12,642 (5,000) 12,642 3,440 1,233 (3,830) 843 11,799 1,560	Fixtures & fittings £ At cost 369 - - 369 212 157 - 369 - 157 2025 £ - 3,680 3,680	Total £ 6,119 294,364 (5,000)
				295,483
				3,652 1,390 (3,830)
				1,212
				294,271
				2,467
				2024 £ 2,011 2,000
				4,011

10 -

HOMELESS STREET ANGELS LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025

9 Creditors: amounts falling due within one year Bank loans and overdrafts 10 Creditors: amounts falling due after more than one year Bank loans	2025 £ 2,580 2025 £ 187,137	2024 £ -
		2024 £ -

11 Transactions with related parties

During the accounting period the charity paid remuneration and pension contributions to Shelley Anne Joyce, of £37,829 (2024 - £33,016).

12 Average number of employees

During the year the average number of employees was 1 (2024: 1).

11 -