C￿rIty rnglstratlon number 1189497
STEPHEN'S PLACE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 4APRIL 2024

STEPHEN'S PLACE
LEGALAND ADMINISTRATIVE INFORMATION
Tru$ts•s
H Rhodes Bsc. Hons
C Bain
C lfjrkham
IAppointad 8 January 2025)
Charfty number
1189497
Prln¢lp•l •dd¥•o8
17 Bèresford Road
SoLthend on Sea
Essex
SS1 2TW
Ind•p•nd•nt oxamln•r
P A Stafford FCCA
457 South¢hurch Road
Southend on Sea
Essex
SS12PH

Document Activlty Report
Documenl Sonl
Thu, 05 Jun 2025 12:47:42 GMT
Do¢umgnt Approv•1 Status
pproved
Approval Act)vty Summary
Helen Rhodes Bsc. Hon$
Fri. 06 Jun 2025 08'.28'.50 GMT
Docufflent AGtlvlty Hlstory
Document history 8hows m$t rncenl a￿"¥Ity f¥sl
Dat•
Acllvlty
Fri, 06 Jun 2025 09..28..28 GMT
Helen Rhodes Bsc. H(￿¥ Approved the document
Fri. 06 Jun 2025 09'.26'.07 GMT
Helen Rhodes 8sc. Hons vlawed the document
Frl. 06 Jun 2025 09..23..44 GMT
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STEPHEN'S PLACE
CONTENTS
P•g•
Trustees. report
Independent examirnfs ￿p￿t
ststemenl of finantial aclivbtitis
Balance sheet
Nots$ lo the flnanoal ststeTrwnls
7-15

STEPHEN'S PLACE
TRUSTEES. REPORT
FOR THE YEAR ENDED 4APRIL 2024
The trustees prow)I I￿r annual report and ffinanua statements for the year end•d 4 April 2024.
The finanoal statements have been prepared in •I￿ance with the accthinling policies set out in note 1 to the
financial statements and compty with the chanty's ￿)nStitU11Dn. the Chanb"e$ Acl 2011 and 'Accounling and
Reporting by Charities.. Statement of RecOMmer￿ Practice ap￿1¢a￿e to tharities weparing Iheir accounts in
accordance with the Finanaal Repth"ng Standard appli(8ble in the UK and Reput4ic of Ifdand IFRS 1021"
{effective 1 January 2019).
Oblective* and actlvilies
The charity's obj8Cts are the rel￿1 of po￿. Socaal exdusion. hardship and distress of those who are in ￿nditionS
of need while Pfomoting and farAlitsb"n9 integraiion into society.
The trvstees have papl due regard to 9UvJar￿ issued by the Charity ComMiss￿n in de(¥ding whal activities the
charity should undertake.
Aehl•v•ments *nd p•rfornMnce
2024 was 4 produdive and suotessluS year where we were able to meet all the ¢yiteria of our goals and objectives.
Our Tuesday moming Braakfasl Club ￿￿tInUeS to gruw #nd flourish and we are pmiding Breakfasts for over 100
very vulnerable people. W• are aL%o lo proV￿e a sign posting hub where people arg also helped lo fill out
foms lo help wth benefits and lor emFAoymenl, somg ¥c4untary and s(Nxe pa*J.
Gre8n Pastu￿$ CBS Ltd, a Christian sotial Charity 15 wow(Jing us wrfh support ant1 we have had several wsits from
our co-ordinator as wel as the founder of Green Pastures who wa$ able to gNe us Invaluab￿ aoknce and provided
the monay to buy and fft nw4 flooring in the bathroom at one of our houses. As well as the partnership with Green
Pastures, Stephen's Place has renèwed their assocaalion wth Southend Cty Baptist Church and we are working
dosely with them and encouraging ouc residents to take part in $ome of the work$hops they run. Cooking is a very
popular a¢Xiwty, and our residents have partsken in these courses in Basic Cooking. ￿)QkIng with tins, {making the
most ol food from the food bank food) and advanced cookn'ng and have r￿eNed rArtfficales.
We h3ve also been ￿aSed a 2 bedroom Ilat on SouthÈnd sea front whi¢h is for those with less needs and g'ving
them the chance to flourish and be Teady for independent I￿ing. We are enojuntering problems wth moving people
onlo more independènt lifestyle5 as the OTh￿ accommodab.on availabl& is often through a private sector Landk)rd
and rents a￿ very high which makes it èsF)ecialty for mosl of our guys whose jobs a￿ usually quite low paid
and menial tasks. To thi$ ènd we are tying to find ways to help develop $kills and also encouragè our guys to
pattsko in further educalion $0 they wll be able to find bètter jobs. We are also k)oking into ways lo open our own
enterprisè to facilitate employment and training. One bein9 upcyding togelher wlh 8 smal café.
This year h¥$ bgen extremely busy biinginy in new challenges espeoalty around Ihe c￿Cept of èmplow'ng staff and
that enl•ls. In April 2024 we were employin9 4 paid staff and alihough we have had a 51aff tum around we now
have 5 paid staff and 3 vdunteers. 2 vdunleers being Trustees. One rnember of staff is stsll wrth us from last year so
W8 have 4 new staff, al of whom are worknng règularty wth adnwn and one totslty a(kninistratiorL
In JU￿ 2023, w8 w￿red a sealwnl Ilat 2 ￿S￿le1￿. makn.ng a total of 22 bed pLaces.
Since the bèginning of the of Ihe ffinancaal year iyynmencing, April 5th 2023. the o¢oJpancy rate has been 95•A
the charity has provided 8,030 available night spa¢es for 22 peo￿e, Ihat leaves a total of 7.629 places taken for thi5
year. We have looked al several larger properties wilh the propensrty of b￿ng able to provide moro moving on
accommodation but to date we have nol been successfvl al purchawng any larger properties. We havè Also looked
at land and CoMmerri￿ propèrts.ès to try to acquire a place for our up Cyding and café enterprise but again without
success at finding the right opportunty. We have not taken on any other properties this year but are working hard lo
be able lo provide support and a¢o)mmodatKJn of excellence. Our growth has still shown a good increase as we
havè been able to make the propert*s we have more cornforta￿e and suitatAe for our re￿d￿nIs.

STEPHEN'S PLACE
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 4 APRIL 2024
We rKew8d £5,000 n(￿ restricled fvnding from H8dey Fund￿9 whKh was used kn ¢>)re ￿$ts and also o)sts for
lood and dothing for our new resthnts who came lo us wth nothing bul the dothes they were wearing. A lurther
£7¢￿ non restricted fvnds was receNed from The Albert Hunt Fund and was again usod for coro costs as well as
bedding, and thing5 to make life $as￿r and more comfortable for our reshlents. £10,000 resth"¢ted lunding was
given lo us by Essex Cornrnunty Funding and was for our breakfast dub and induded staff wages as well as food
for the breakfa51s. It was amazing to be able lo purchase fresh fruit for Ihe bfe3kfa$t dub. We feceNed a $o¢ond
payment from the CIB, Communty Inveslmenl Board whith was for staff costs fw emer9en¢y care and nHJhl lime
care. This restricted payment was for £13,104. Another restn"¢ted payment wa$ pakl to us by the Community
Inve$lment Board and was for staff wages c4Ne costs.
Our breakfast dub for the communty continues lo fiourish and is sustsined with dc￿allOnS from those recemng the
breakfasts. by other5 in the Community and from grants. At present we a￿ giving a Irg9 Igive whal you Gan afford
full cooked En91ish Breakfast every Tuesday moming and are s￿￿ng over 100 of the most vulnerable petsple in
Soulhend.
In April Slgphen'$ Place had a s￿￿$￿re￿ ts'ke ri¢Je. Bikes had tjeen donated lo us the year before by Southend
Counryl's Active Living prc¥notion. didnl raise any money but il was very good for our profile with 20 of our guys
and fn.ends of Stephen's Place tsking part in a 20 knlomeler bike ride out lo Canewdon and ba¢k. W9 will ty to do
this gvery year in the hope that it wiu become a [￿ed event in the Cty.
The Trustees arè aware of their duty under S.17 of the Charitses Ad 2011 lo have due fegard lo Ihg Public Benefit
Guidance publisheil by Ihe Charity Comrnission. A5 su¢h, the Truste8s ensure that the a¢tiw"l￿S of the Charity arg
for the public benefil.
Flnanclal revl
Incoming resources in the year have increased from £161,898 12023110 £339.361 {20241 whil$l expenditure has
increasèd from £171,302 120231 to £307,54312024). The inuéase represents an increase in o)re fundbng for the
housing of residènts, pfoportwale lo the grovrth in resident5 5UPPOrted. The increase in expenditure rèlates lo tha
acquisition and refU￿1$hment of a Ilmrd wemises and the exiensK)n of supwrt offerod lo residents. The charity
made a surplus of £31.818 in the year compared lo defiot of £9,404 in 2023.
The charity has an established fvnd￿g relatK)nS￿"p wilh IC￿ authoribes and an extgmal support relationship with
an established housing chanty. Green Pastures. These relalion$hips have allowed the charity to grow over the 2024
year and establish reasonabl8 reserves, as diswssed bdow. There is no ￿dThtron that ether relationship 1$ likely
to end wlhbn the next 12 mnths and so Ihe Tru51ee consider the charity lo repr¢sent a going conce¥n.
It is the policy of the charity that unrestricted funds which have nol been designated for a us8 should be
maintained * an equivalent of up three months eXpendrtu￿. The TIu5tee5 ¢onsid•r that reserves at this level will
ensu￿ that, in the event of a signffi￿t drop in fvnding they will be able to ¢x)nb"nue the charity's curront acb'vities
while ¢on$ideralion is given to ways in whif* addIt￿nal funds may be raised. Thks bvel of reserves has mainly been
maintsined
The costs incurred in bringing the new woperties lo a sulta￿e 5tsndard has bead lo us tsking hyo loans to support
the unrestricaed fvnds of the Charity Ihus ensuring that the Charity 1$ not using restn"¢ted fijnds to support the
Charity.
stru¢tvre. govem•nc8 and m•nagomont
The charrty is a ¢haritable TrnrA)rpcrfation (ygani$a￿￿ and is go¥Rmed by the tern)s of its th)slitution.
The trustees who served during the year and up to Ihe date of Signattxe of the finanaal stateM￿ts were..
H Rhodes Bx. Hon8
C Bain
A Waite
K Bryan
C KI￿harn
(Re$KJned 18 August 2024)
(Appointtrd 21 January 2024 and resigned 31 ju￿ 20241
(Appointed 8 January 2025)

STEPHEN'S PLACE
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 4 APRIL 2024
Trustees a￿ recruTted from suitable voluntÈefS. WTth due ward gNen lo the skills kn¢xvl￿ge and experience
n88ded for effèctive adminislrations of the c*8nty. All trustees. 8part from the first trustees, musl be appointed by
resolution passed at a properfy c£￿vened meeb'ng of the tharity trustees.
The trystees. report was apwoN*d by the Board of Twstees.
H Rhodes Bs¢. Hons
Trustee
Dale: .................

STEPHEN'S PLACE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF STEPHEN'S PLACE
l ieport to the Iru$lee$ ¢)n rny examinalion ol Ihe finants81 slalemants ol Stephen's Place (the tharityl for the year
ended 4 April 2024.
R•*pon•ibilitie• *nd ba•1* ol rnport
As the trustee5 of the chanty you are responsible for the prewalitin of the fir￿¢JaI stalements in accordanc* wi¢h
the requiromenls of the Charities Act 2011 (the 2011 Act).
I report in respect ol my examinatKin of the charity's financral statements carried out under seclotsn 145 01 the 2011
Act. In carrying out my eXaM￿allon I have lollowed all the applicable Dirg￿19￿$ given by the Charty Cofflmlssion
urbdef ¥OCtion 14SISllbl of the 2011 Act.
Ind•p•nthnt •xamln•rf• •tst•m•nt
Sincè the charty's gross income ex￿eded £250.CW youf examin&r mu$t be a member of a body li51ed in seclion
145 of the 2011 Act. I confirm that l am qultfied to undertake thè examinali¢)n b￿aUSe l am a member of
Associatkn of Chwtgred Cerlrf*d Ac0)Ur￿ts, which is one of Ihe lisl•d bodies.
Your attenllon18 drawn lo th• lact that the chwty has prepaffjd f￿anCA41 8tatsm•nts In accordance wrth AC￿)unt￿9
ond Reporting by Charities preparing their ac¢ounls in accordancg with Ihe Financ4al R8porting Standard applicable
in the UK and Republic ol Ireland IFRS 102) in preference to the Acttjunting and Rgporting by Charitie¥'. Statement
of Recommended practi￿ issu6d on 1 Aprfl 2005 which is roferr•d to in the oxtsnl regulatlons bul has now bwn
wllhdrawn.
l understand that this hgs boen done in order fof ffingn¢lal 8talements lo prowde 8 true and f8lr Sn accordance
wrth Generally Accepled Ac¢ountsng Practice offectNe for roports'ng perK>ds b8ginn¢ng on or after 1 January 201S.
I havè compleled my examinatton. I conllrni thal no matters havè com• lo my attgntion In Conn8Gth￿ with thè
examination giving m& causg to believo that in any material respect..
occounling records werg rbol kept in rtspecl of Ihe tharity as req￿red by s•c*¢)n 130 of the 2011 Act.. or
the financial stalemenls do not ac£crfd with those rgcord¥,' or
the financgal statements do nol compty wrth the applicable requirèments concoming the form and conlenl ol
accounls sel out in the Chantles (Accounts ar￿ Reports) Regulat￿nS 2008 other than gny requir8m8nt Ihal Ih
accounts give a true and lair Mew which is not a matter consm1tr￿d as part of an independent examinallon.
I have no concems and have come 8¢ro$s no othtsr m•tters in connection with the •x•minotr'on to which attenlbon
Should be drawn in this report in ofder lo enabl& a proper understanding ol ihe financial statements to be reached.
A Stsfford FCCA
457 Souththurch Road
Southend on Seg
Es$ex
SS1 2PH

STEPHEN'S PLACE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 4APRIL 2024
Unr•8trl¢tsd R•$trlct•d
funds
lund¥
2024
2024
Total Unrn$trlct•d R••trf¢t•d
fund•
funds
2023
2023
Tol*l
2024
2023
Notr•
In¢ome Irorn:
Dongtions and le9acle$
Charitablè actlvllie8
298,708
7,551
33,104
331.810
7,551
118,361
8,886
34,671
153.032
Totsl In¢om•
306,257
33,104
339,381
127,227
34,671
181,898
Charttable actlvllS05
oth￿ expendSturo
284,749
42,395
307,144
145,585
82
25,635
171,220
82
Total expenditure
265,148
42.395
307,543
14S,687
25,635
171.302
N•t In¢omell•xp•ndltur•l
41,109
{9.2911
31,818
118.440)
9,036
19.4041
Transfers ba￿e0n
(und$
14591
459
16B1}
881
N•t mov•m•nt I
lundg
40,650
18.8321
31,818
119.121
9,717
19.404}
R•¢onclllatlon of fund•:
Fund balan¢és al 5 Apdl 2023
19,4421
9.717
275
9,879
9,679
Fund bthtsnc￿ at 4 Aprll 2024
31,208
885
32,09J
19,442)
9,717
275
The $18tem8nt of financlal actlvllies indudes all galn8 and108$•s recognlsed In th6 year. A15 income and gxpenditurè
derive from continuing activities.

STEPHEN'S PLACE
BALANCE SHEEr
AS AT4APRIL 2024
2024
2023
Not•*
Flxed a8$•ts
Tangible assets
11
10.789
Curr•nt *¥••ts
Debtors
Cash al bank and in hand
12
697
31.841
32.538
Crodltorn: amounts t•lllng du• wlthln
on• y•ar
14
9.929
13.317
Nel current aS￿lS1(￿abI1rtI8s}
18,309)
Total a•••t• l••• Gur¥•nt Il•bllltl
32,093
2,480
Credltorn: amounts l•lllng du• •ft•r
mor• than on• y•ar
16
12,2051
N•t ••Mts
32.093
275
Th• l￿d$ ol th• charfty
Reslricteil In￿m¢ furKI#
Unreslricted lunds
885
31,208
9,717
19,442
32.093
275
The financial 8latem•nts werg approvod by the trust808 ¢n ...
H Rhodes 8sc. Hons
Tru#ts•

STEPHEN'S PLACE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 4 APRIL 2024
Accountlng poll¢l••
Ch•TIty Inforn￿lI0n
Stsphen's Plac* is #n uninccrfporaled ¢haritat4& Org￿lsaI10n.
1.1 AG¢ountlng con¥•ntlon
The financial slalements have been prepared in a¢¢ordancA wrth ihè ¢harty's constitution, Ihe Charilies Act
2011, FRS 102 'The Financial Rep￿trn9 Stsndard applicable in th& UK and Republlc ol Ireland. fFRS 102.1
and the Charilies SORP "Accounting and Reporting by Charities". Slatem￿l ol Recommended Practice
applicable lo ¢harilies preparing th•ir accounts in accordance with tho Financial Reporting Standard
applicable in th• UK and Republ￿ of Irdand {FRS 1021- leffe¢tive 1 January 20191. Th8 charty is a Public
Benefrt Entty as defined by FRS 102.
Thg charity has t4k•n advantsge of the prowslons in th• SORP for tharts8s not to prèpare a Siatemenl of
Cash Flow$.
The financial statements have dep8rted from the Charrtios (Accounts and Report$l Rggulalions 2008 only to
Ihe extent required to provKle a true fair VKW. This d•p•rture has involved following Ihe Statement of
Rg¢ommendod Pradice for chantie5 app￿n9 FRS 102 rather than th& v8fsitsn of the Stal8m8nl of
ReCommer￿￿d Practice whKh is referreil to in the Regui8tions bul whith has since been withdrawn.
Tho finanthal slalem•nls are prepared in stwlrng, which is the lunctthgl of the charfty. Monetary
amounls in these flnanual sialoments aTO rovnde(I lo the nearesl £.
The financjal statements have been prepared under tha hist￿lC81 ts)st cOn￿nI00n, Imodlfied lo Include Ih
revaluatlon of freehold properties and to indude investment Pfoperties and certain f￿ancial instruments al falr
Vall￿]. The pnncipal actsjunb'ng policies adopled are set out belrm.
1.2 Golng con¢•rn
Al th8 time of appro￿ng the ffinanckql Stslemenls. tho Iruslees have a rea60nable eX￿ClaI10n Ihal the ch8rfly
h88 adequate resources to ¢yJnb'nu• in operational existence for the foreseeable ftrture. Thus th8 trustees
continue lo adopt the going c4Jn(*m bas18 of 8¢c¢unting n preparfng the fingncial ststfjr￿nts.
1.3 Ch*rltabl• fvnd•
Unrestricted funds sr• ava*able for use al the di5tt6tion of the twslees in fvrtheTanc* of Ihwr charilablg
objectives.
Restrlcted fvnds are subject lo speuffc conditions by donors or grantors a$ to how they may be used. The
purposes antj uses ol the restricled lunds are set out in the notes lo the finana#l Si*emènts.
Endowment fund5 aro Subieci to speok ￿nditIOnS by donors thal tho raprtal musl be maintained by the
Charity.
IA Incom•
Income is recognised when the charity is ￿palty entrtl8d lo il after any perfomwnca conditions havo bggn mgt,
Ihe amounts can be moasur•d reliabty. rt is yobabfe that income wll b• recoived.
C88h donations ar& r8eognis8d on r8C8iPt. Oth•r donations are recognised once the charity has notifigd
of thè donatiLV). Un￿$S perfom7ance condttions require deferral of the amount. Incorne tax roeov•rabl• in
relation lo donations received under Gfft or deeds of covenant is Tecognised at the time of the donation.
L•gacAes are recogni5ed on Ter￿lpt or otherwrise rf the ¢Ywty has nobfied of an impending disiribution.
the amount is known, and receipt is expec*ed. 11 the am¢)unl is kncTh¥n, the le9ary is tr8at&d as a
conling•nt assaL

STEPHEN'S PLACE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 4 APRIL 2024
Accounting pollcl
IContlnu•d)
Gr8nl incomg, induding government grarts, is r￿)gnISed whèn the Charity is legally entiU8d to it aner any
Performan￿ condith?ns have been met, the amounls can be measured relrably, and it is probabty that ino)me
will be recéived.
1.5 Exp•ndltur•
Expendrfure is recognised once there is a legal or constwclive obligation lo transfer e￿nOMiC benefit lo
third party. it is probable that a transfer ol econom￿ ben¢fils will bg raquir￿ in settlement, and Ihg amount ol
th• 01￿￿4110n be me8¥ured reliabty.
Expgnditure is da58rf*d by ¥¢tMty. Th• c¢sts of ea¢h athity are madè up of the tot￿ of direct costs and
Shared ￿3t$, induding support oJ315 invofved in urbdertaking each actmty. Dirgd co$ls 9ttriblrtab￿ to o slngle
aclSvity are allocated dire¢lly to Ihal acts'wty. Shared cost5 whith contribute lo more than one actfvty and
s(tpport costs which are not èttsibulable lo a sin910 a¢Xiffji are appO￿.oned between those adivilies on a basis
consislenl vA¢h the use ol r850urc85. Central staff costs #fe ollocglgd on th8 b88is of lime spent. and
d8Pf8¢ia*'on are all￿1•d ￿ the olthe 385eYs uso.
1.8 T•nglbl• fix•d i•••ts
Tangible fixgtJ assets are inrtialty measured al o)st and subseq￿nIty Me￿￿Ted at cost or valuation. nal ol
depreGiabon and any impairrnenl losses.
Depr8dat*￿ is r8¢ognised so as lo write off th• cost or valuation ol •sMts I￿ their resKlual values over Iheir
usefvl lives on the following bas•s'.
Leasehold improvemonts
Plant and equlpm&nl
Computers
Motor ￿hl￿e5
O years slraighi linè
33% reducang balancé
60% reducing balanc•
25% reducing balwKe
The gain or loss arising on the disposal ol an a$￿t is delermined 8$ Ihe dffterenc4 b&lwgen th• salo proceeds
and the carrying value ol the assel. and is recogrused In the slalemgnt of financ￿ ath'vilies.
1.7 Impalmwnt ot fix•d a•••ts
Al each rèporting end date, the ¢*arity carry￿9 amounts ol It8 langiblo 833gls lo d•t8mine
whgther there is any indication that those assels have suffered an impainnenl bss. 11 any $u¢h indication
exists. the ￿coverAbl* wnount of the a88•1 is e$lKnalod in order lo dolenn￿O ihe extenl of the impairmenl
loss Irf any).
1.8 C•$h and c••h •qulv*l•nts
Cash and Cash equivalents indudo cash in hand. *Jgposrts held al Call th banks, other 8hort-temi liquid
Investments with original fflaturilies of months or less, and bank overdrafts. Bank overdrafts are shown
thin borrowing$ in ￿rren1 liats.lll￿$.
1.9 Fln*nclal In•lJum•nts
The charity has elected to aPF4y thè proviwons of Secb'on 11 '6a$¢ Financ41 In5twuments' and S•ction 12
'othor Financial Instruments Issu•s' of FRS 102 to 811 of its finarwl instruments.
Financial Instruments afe recognised in the charitys balance sheet wh•n the dwrrty becomes party to the
conlractLbal prowsions ol the instrument.
Financial assets and tiabilitie5 are offset. wih the net 8nwunts presented in the fmancAal statements, when
there is 8 legally enforceable right to Set off tha recognised amounts and there is an intention to settle on a net
bayis oi to r8alise the asset and setue the liabilty simullaneousty.

STEPHEN'S PLACE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 4 APRIL 2024
Aecountlng policlej
IContinu•dl
8a¥l¢ Iln•nel•l ￿$•ts
B88ic finanaal assets, whlch indude debtors and cash and bank balanc85. are measurèd at transacuon price
indudbng transaction cost$. FinancAal assets classified a¥ receivable within one ye8f are not arnortised.
Baslc Iln•ncl•l Il•bllltl•s
Bosic financial li8bilities, Includlng creditors and bank loans are recognised al transacti¢)n price. Finandal
Ilabililie$ classified as payabl• wilhin one year ar• not amorts'sed.
Tr8de cr8drtOT8 are obligations lo pay for goods oi Ihal have be•n a￿Uired in t￿ ordinary course ol
opefalions from suppliers. Amounts payable are c4assified as rJJrTenl liabilrties rf payment ig dug within one
year or le88. If not, they ara presentèd as non-currenl liabilities. Trod8 creditor6 ar8 recognised al transaction
price.
D•rKognltlon olfln•ncl•l Il•bllllle¥
Financial Ilabililias arè derecogni$•d wh¥n the charfty's contractual obligallon8 gxpira or ar6 dl8charged or
cancelled.
1.10 Employ•• b•n•llts
Thg Cost of any unu8ed holiday enlillemtsnl 1$ reo)9nised in thè perfod in which lh• èmployee's servi￿6 aré
rec•ivad.
T6mln8lion beneffits are recognised lrnmedialely 48 an expense when the charlty is demonstrably committod
lo lomlnale the employmant of an employeo or lo provlde lèmilnalion bon&fils.
Crltlc•l accountlng ••tlm•t•• •nd ludg•m•nts
In tho applS¢alion of tho charit18 a¢countin9 pollcies, Ihe Iru8lees are rgquir•d lo make ludgemonts, •slimalt8
and 8s$umptions about the carying amount of assets and liablllties that are not readi￿ apparent from other
sources. Thè estimates ond assoaalèd assumptions ar8 based on hi$loric81 experien￿ and other factors that
8r8 considored lo b• rolevanl. Actual results may drfler from thos• estimates.
Th& estimates gnd underlying a88umpllons aig revi8w8d on an ongoing ba$i$. Revi5ion8 10 acmunling
eslimales are recognised in the period in which Ihg esllmale is r8vised where the revlsion affec15 only Ihal
period, of in th8 period of Ihe revi3ion and future periods where the revision affect$ both current and future
perlods.
Incom• from don•tlons And leg*cl••
Unmtrl¢ted R•strlct•d
fund•
lunds
2024
2024
Total Unrn8trfct•d R•8trlcted
funds
funds
2023
2023
Totsl
2024
2023
Donations and gifts
Grants receivable
350
298,356
350
331.460
6,299
112,062
6,299
146,733
33,104
34,671
298,708
33,104
331,810
118,361
34,671
153.032

STEPHEN'S PLACE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 4 APRIL 2024
Incomo from ¢h•rltabl• activili
Unrg4trl¢t•d UThre8tslct•d
fund•
funds
2024
2023
Charltsble Incom•
Sale ol goods
Other in￿rne
7,551
8,866
Charftsbl• •¢tlvltl••
Gh•rft•b
•xp•ndlturo
2023
2024
Staff cosls
Depreciation and impaimgnt
Charitable expendilure
Freelance labour
Premises r8pa¥s and ronv44￿$
Ral08
38,154
2,487
180,408
54.543
5,143
17,832
1,550
101,448
20,252
3,3¢)0
185
280,735
144.507
Sharè of 8UPPOrt ￿$￿1••0 note 61
28,409
26.653
307.144
171.220
An•ty•l• by lund
UnreslrKted funds
Restricted lund$
264,749
42,395
145,585
25.835
307.144
171.220
10-

STEPHEN'S PLACE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED
FOR THE YEAR ENDED 4 APRIL 2024
Support costs
Support Governance
costs
costs
2024
2023
Ropair5
Rates
Llghl & heat
Sundry
Insuran
Tel•phon•
Subsc¥iptionB
Accountancy
Compul&r expenses
Motor runnlng co$ls
535
5,012
7.710
4.080
1,615
975
1,407
2.839
885
1.815
3,004
8,560
2,788
2,565
1,804
1,880
3,158
10
2,664
8,560
2,788
2,565
1,804
1,880
3,158
10
2,864
26,409
26,409
26,653
An8lysod ba￿e0n
Ch8thable 8Qtivilies
26,409
28,409
26,653
Wrthin accountancy c08ts £1,500 (£1,250 20231 relates lo the costs for Independent Exomln811tsn.
Remaining exp8nsttB relate lo payroll and 8Q￿untancY service8 provlded.
Tru•t•
A Trustee, H. Rhodes W88 pald a Surn of £8,420 12023 . £7.44011o provlda administrative services lo the
charity. H. Rhod•s also provided a short term cashffow loan to Ihè chartty of £3,560, which does not accrue
any interest and 18 rgpayablg on d•m#nd. Al the year end dale, thi$ loan ha5 bè8n wholly repald.
H Rhodes waB also paid £1,80012023 - £1.1101 in rgimbursgmenl ol rea80nable travel expens•s incurrèd in
her rol• as a trustee of the charrty.
Employ•••
Employm•nt CO8ts
2024
2023
Wages and salarfes
38,154
77,832
No employees received emoluments over £fi0,￿)0 furtherno￿. no employee oflhe charfly recelved lolal
employee benefrt of over £10.000.
All employee5 of the charty worked in a part lime capaiity. These part timo employees represent the
equivalent of a two frjll lime employees.

STEPHEN'S PLACE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 4 APRIL 2024
Employee8
Icontlnued)
Therg wer9 no employees vthose annual remuneration was more than £60,000.
othor expenditure
Unre¥triGted Unr••trict•d
funds
funds
2024
2023
FinancAng costs
82
82
10 Taxatlon
The charity is exernpl from taxation on ils a¢tiwilies because al 11$ income is applied for charitable purposes.
11 T*nglbl• fixed assets
L•a8•hold
Plant and
Impro￿￿*￿￿ •qulpmont
¢ompuhrn
o¢or
v8hlcl•B
Co$t
AI SApril 2023
Additions
7,370
929
1,969
13,339
1,182
253
Al 4 April 2024
8,299
1,969
253
14.521
Deprn¢latlon and Impaim*nt
Al 5 April 2023
Daprecialion charged in the year
150
1.383
650
43S
1.750
2,550
2,487
At 4 April 2024
1,533
1,085
2.313
5,037
Carylng amount
At 4 April 2024
6.766
147
1,687
9,484
At 4 April 2023
7.220
1,319
2,250
10.789
12 Debtors
2024
2023
Amounts fallln9 du• wlthln one year.,
Other debtors
697
68
12-

STEPHEN'S PLACE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 4 APRIL 2024
13 L￿nI •nd ov•rdraft•
2024
2023
Bank loans
1,769
5,082
Payable within on• yaar
Payable after one y8ar
1.789
2.877
2,205
14 Cr•dltorn'. •mount* falllng du• wlthln on• y•ar
2024
2023
Not•#
Bank loans
other I￿allOn 8nd Social saujrfty
Oth8r creditors
Accfual8 and def8rr8d income
13
1,769
2,412
1,383
4,385
2.877
974
8.180
3,286
9,929
13,317
IS Cr•dltorn: •mount• falllng du• Iftor mor• th•n OD• y•Ar
2024
2023
Not••
8ank loans
13
2,205
18 RMtrfct•d lund•
Th& r&8lri¢t&d funds ol Ihè eharily comprise the unexpended balanc6$ of donations and gfanls held on trust
su*'ect lo speofio conditions by dor￿r$ 8$ lo how they may bè used.
At S Aprfl
2023
Incomlng
resou￿•*
R••ourc•s
•xp•nd•d
Tr•n•fern
At 4 Aprll
2024
SOS Core Cost$ Funding
SOS StAff Costs Funding
Essex Community- Breaklasl
Club
SC18 . Ovemight Support
SCl8- On Your Bike
10,000
13,104
110,0391
113,1041
39
10,000
(10,0001
18,8171
14351
8,397
1,320
420
885
9,717
33,104
142,3951
459
885
13-

STEPHEN'S PLACE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 4 APRIL 2024
16 R•strlct•d fund•
IContiThu•dl
Pr•¥lous y•ar:
At 5 Aprll
2022
Incomlng
OU￿
RVJou￿•*
•xpend•d
Trnnsf•rn
At 4 Aprll
2023
34,671
125.8351
9,717
Al the year-end dale, Ihe onty rgmaining balance of restricted fiJnd$ relales lo the NBV of assets purthas8d
with the funding re￿IVed. This remaining balance is to b• released as d•preaalion, in iccordance with the
accounting polic4e¥.
17 Unr••trl¢t•d fund•
The unrestrlGlfjd funds of thé ethaiity comprise the Unex￿nded balances of donatlons and grants which aro
not subject lo condit￿n$ by and 9ranlors a$ to how they may be used. The$e indudg
designated fund5 whid) have been set aside out of unrestn.cted lunds by the truslees for speuffic pu￿Ose8.
At5 Aprfl
2023
Incomlng R••our¢••
rnsourc
•xp•nd•d
Tr•n*l•rn
Al 4 Aprll
2024
G•neral lund8
(9,4421
306.257
1285,148)
{459}
31,208
Pr•Ylou• y•ar.
AtSAprfl
2022
Incomlng RMourc••
•xp•nd•d
Tv•n•f•rn
At 4 Aprll
2023
General frJnds
9.679
127.227
1145,86n
{6811
19,4421
18 A￿￿1$ of n•t •M•ts b•tw••n fund•
Unre•trl¢tsd Re•trkl•d
fund•
fund•
2024
2024
Tol*l
2024
Fund bol•nc•• at 4 Aprll 2024 •rn r•pv•••nt•d by:
T•ngiblg assets
Current assetsllliabdilio$1
8.599
22,609
9.484
22,609
31.208
32,093
14-

STEPHEN'S PLACE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 4 APRIL 2024
18 Analy•l• of nel assets bol**•n fund*
{Contlnu•dl
Unr¢•tslct•d R••tricted
lundg
funds
2023
2023
Tol¥l
2023
Fund b•knncu •t4 AprS1202J •r• rnprewit•d by:
Tangible assets
Current a￿¥ts1{￿abI1it*S)
Long term lia￿lItieS
9,470
{16.707)
12,20SI
1,319
8,398
10,789
18,3091
12,2051
(9,4421
9.717
275
19 Rel•t•d party tran••¢tlon*
There wère no disdosable felaled party transactlons during the year12023- £6.930).
1s-

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