Registered Charity Number :- 1190727 ## HALFWAY HOME (STOKE-ON-TRENT) ## TRUSTEES’ REPORT AND ## FINANCIAL STATEMENTS FOR THE YEAR END 31 March 2024 **HALFWAY HOME (STOKE-ON-TRENT) 11 Queen Street** **Stoke-On-Trent** **HALFWAY HOME (STOKE-ON-TRENT)** **CONTENTS** FOR THE YEAR ENDED 31 March 2024 TRUSTEES' REPORT ................................................................................................................................................. 3 INDEPENDENT EXAMINER'S REPORT…………………………………………………………………………….12 STATEMENT OF FINANCIAL ACTIVITIES ........................................................................................................ ..13 BALANCE SHEET .................................................................................................................................................. .14 NOTES TO THE FINANCIAL STATEMENTS .......................................................................................................15 2 ## **Trustees’ Annual Report for the period** ## **From 1st April 2023 Period start date To 31[st] March 2024 Period end date** ## **Charity name: Halfway Home (Stoke-on-Trent)** ## **Charity registration number:** 1190727 ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|As previously stated: To relieve the needs
of adults recovering from homelessness in
the Stoke-on-Trent and North Staffordshire
local government area who are ready to
transition from homeless shelters and
hostel provision and who need additional
support before living independently by the
provision of accommodation, advice and
support so that they may increase their
confidence to live independently and
prevent the recurrence of homelessness.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17
and 1.19|No changes - this charity is for the above
purpose, including production and
adjustments to documents the commission
required| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|Confirmed.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|No updates as no applications have been
made during this year. The manager
appointed by Trustees would lead on grant
applications with support of at least one of
the trustees.| |Policy on social investment
including program related
investment|Para 1.38|Halfway Home is considered a exempt
accommodation provided by a charity
under the Housing Benefit and Council Tax
Benefit Regulation 2005. The care,
support and supervision as defined under| |||exempt accommodation is largely provided
by Halfway Home as a charitable action
and would be considered social investment
within the locality.| |---|---|---| |Contribution made by
volunteers|Para 1.38|Volunteers continued to support the
Trustees in developing the service. They
still signpost and advise trustees with
understanding information around
homelessness and housing sector.
The volunteers provide admin support to
the trustees and coordinate communication
between them.
Volunteers will take feedback from the
service users ensuring needs are met.| |Other||| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Still registered as a except accommodation
provider with Stoke on Trent City Council.
The number of people access our service
has increased to 16. These are people
who have experienced homelessness and
have or are being housed and supported
by Halfway home during this period.
Halfway Home works in partnership with
Stoke on Trent City Council’s Housing
solutions team to identify adults recovering
from such trauma that are suitable for
move on support and accommodation.
Halfway home is partnered with the local
rough sleepers teams to verify the service
users homeless status.| ## **Additional information (optional)** |**Additional information (optional)**|**Additional information (optional)**|| |---|---|---| |You may choose to include further statements||where relevant about:| |Achievements against
objectives set|Para 1.41|The service by the end of this period has
acquired a total of 8 properties. The
service has capacity to house and support
16 service users at a given time.| |Performance of fundraising
activities against objectives
set|Para 1.41|Our focus remains on delivering the best
quality of service as a city council
supported accommodation provider,
therefore we have not pursued other
funding options| |Investment performance
against objectives|Para 1.41|Halfway Home provides, ‘support, care and
supervision,’ as defined by exempt
accommodation housing rules.| |---|---|---| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The bank balance as at 31/03/2024 is
£18,577.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Surplus as stated below is kept for the
events of emergencies, repairs and
replacements of housing related goods| |Amount of reserves held|Para 1.22|The reserves as at 31/03/2024 are
£23,773.| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A| **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution of a Charitable Incorporated
Organisation whose only voting members are
its charity trustees (‘Foundation’ model
constitution)| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|Section 10 of CIO doc:
(1) Apart from the first charity trustees, every
trustee must be appointed [for a term of
[three] years] by a resolution passed at a
properly convened meeting of the charity
trustees.
(2) In selecting individuals for appointment as
charity trustees, the charity trustees must have
regard to the skills, knowledge and experience
needed for the effective administration of the
CIO.| ## **Additional information (optional)** ## You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** |Charityname|Halfway Home (Stoke-on-Trent)| |---|---| |Other name the charity uses|N/A| |Registered charitynumber|1190727| |Charity’s principal address|11 Queen Street
Burslem
Stoke-on-Trent
ST6 3EL| |---|---| ||| **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Shamil Sodagar|N/A|2020 to Current|N/A| ||Georgina Arapi|N/A|2020 to 2022|N/A| ||Zareen Hanif|N/A|2020 to Current|N/A| ||Georgina Arapi
(Renewed for 2
years)|N/A|2022 to Current|| ||Shamil Sodagar|N/A|2023 to current|N/A| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name N/A** Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for wholeyear**|| |---|---|---| |**N/A**||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details Other can trustees no formal personnel appointed at this stage ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** Shamil Sodagar **Position (eg Secretary,** Trustees **Chair, etc) Date** 22-01-2025 - ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees** Charity Name Halfway Home (Stoke-On-Trent) **On accounts for the year** 31 March 2024 **Charity no** 1190727 **ended (if any) Set out on pages** (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2024. **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. **Signed: Date:** 26/01/2025 **Name:** Faheem Ghumra **Relevant professional** FCCA **qualification(s) or body (if any): Address:** 376 Walsall Road Birmingham B42 2LX **Oct 2018** **IER** **HALFWAY HOME (STOKE-ON-TRENT)** **STATEMENT OF FINANCIAL ACTIVITIES** FOR THE YEAR ENDED 31 March 2024 |**Recommended categories by**
**activity**
**Notes**
**Income and endowments**
**from:**
Charitable activities
2
**Total**
**Expenditure on:**
Charitable activities
3
Other
5
**Total**
**Net income/(expenditure)**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted funds**
**£**
**Total Funds 2024**
**£**
**Total Funds 2023**
**£**
86,898
86,898
117,756| |---|---| ||**86,898**
**86,898**
**117,756**| ||95,380
95,380
80,986
3,405
3,405
1,110| ||**98,785**
**98,785**
**82,096**| ||**(11,887)**
**(11,887)**
**35,660**| ||**(11,887)**
**(11,887)**
**35,660**
35,660
35,660
-| ||**23,773**
**23,773**
**35,660**| 13 **HALFWAY HOME (STOKE-ON-TRENT)** **BALANCE SHEET** FOR THE YEAR ENDED 31 March 2024 |**Recommended categories by**
**activity**
**Notes**
Fixed assets
Tangible assets
6
**Total fixed assets**
Current assets
Cash at bank and in hand
7
**Total current assets**
Creditors: amounts falling due
within one year
8
**Net current**
**assets/(liabilities)**
**Total net assets or liabilities**
**Funds of the Charity**
Unrestricted funds
9
Restricted income funds
9
Endowment funds
9
**Total funds**|**Unrestricted funds**
**£**
**Total Funds 2024**
**£**
**Total Funds 2023**
**£**
7,812
7,812
1,878| |---|---| ||**7,812**
**7,812**
**1,878**| ||18,577
18,577
42,806
**18,577**
**18,577**
**42,806**
2,615
2,615
9,024
**15,962**
**15,962**
**33,782**| ||**23,774**
**23,774**
**35,660**| ||23,773
23,773
35,660
-
-
-
-| ||**23,773**
**23,773**
**35,660**| The financial statements were approved by the Board on 22-Jan-2025 and signed on its behalf by: Shamil Sodagar Trustee 14 **HALFWAY HOME (STOKE-ON-TRENT)** **NOTES TO THE FINANCIAL STATEMENTS** FOR THE YEAR ENDED 31 March 2024 ## **1 Accounting Policies** ## **1.1 Accounting Policies** The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows. ## **1.2 Basis of preparation** These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation. These accounts 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)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. These accounts are presented in pounds sterling and rounded to the nearest pound. ## **1.3 Going concern** The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts. ## **2 Income from Charitable Activities** |**Analysis**

Sale of
service|**Unrestricted**
**funds**
**£**
86,898
86,898|**Total**
**funds 2024**
**£**

86,898

86,898|**Total**
**funds 2023**
**£**

117,756| |---|---|---|---| ||||
117,756| 15 **HALFWAY HOME (STOKE-ON-TRENT)** **NOTES TO THE FINANCIAL STATEMENTS** FOR THE YEAR ENDED 31 March 2024 ## **3 Expenditure on Charitable Activities** |**Analysis**
Legal/professional
fees
Wages and salaries
Charity management
& administartio
Charity running cost
Cost of services
Advertising and
marketing
Printing and stationery
Support Costs|**Total funds**
**2024**
**£**
830
26,061
2,618
29,813
34,177
132

234
1,515
95,380|**Total funds**
**2023**
**£**
346
39,801
3,559
35,373
-
388
69
1,450| |---|---|---| |||80,986| ## **4 Support Costs** |**Analysis**
**Governance**
**Costs**
Accountants
fees|**Total funds**
**2024**

**£**
1,515
**1,515**|**Total funds**
**2023**
**£**

1,450| |---|---|---| |||**1,450**| 16 **HALFWAY HOME (STOKE-ON-TRENT)** **NOTES TO THE FINANCIAL STATEMENTS** FOR THE YEAR ENDED 31 March 2024 ## **5 Other Expenditure** |**Analysis**

Depreciation
Charge for
the Year -
Plant &
Machinery
Depreciation
Charge for
the Year -
Fixtures &
Fittings
Other
Expenditure|**Unrestricted**
**funds**
**£**
861
1,952
592
3,405|**Total**
**funds 2024**
**£**

861

1,952

592

3,405|**Total**
**funds 2023**
**£**

132

494

484| |---|---|---|---| ||||
1,110| 17 **HALFWAY HOME (STOKE-ON-TRENT)** **NOTES TO THE FINANCIAL STATEMENTS** FOR THE YEAR ENDED 31 March 2024 ## **6 Tangible Fixed Assets** ## **6.1 Cost or valuation** ||**Plant &**|**Fixtures &**| |---|---|---| ||**Machinery**|**Fittings**| ||**£**|**£**| |At 01 April 2023|529|1,975| |Additions|2,915|5,832| |Disposals|-|-| |Revaluations|-|-| |Transfers|-|-| |At 31 March
2024|3,444|7,807| |**6.2 Amortisation**|**and impairments**|| ||**Plant &**|**Fixtures &**| ||**Machinery**|**Fittings**| ||**£**|**£**| |At 01 April 2023|132|494| |Additions|861|1,952| |Disposals|-|-| |Revaluations|-|-| |Transfers|-|-| |At 31 March
2024|993|2,446| ## **6.3 Net book value** |At 01 April
2023
At 31 March
2024|**Plant &**
**Machinery**
**Fixtures &**
**Fittings**
**£**
**£**
397
1,481| |---|---| ||2,451
5,361| 18 **HALFWAY HOME (STOKE-ON-TRENT)** **NOTES TO THE FINANCIAL STATEMENTS** FOR THE YEAR ENDED 31 March 2024 ## **7 Cash at bank and in hand** |Cash at
bank and
on hand|**Total funds**
**2024**

**£**
18,577
18,577|**Total funds**
**2023**
**£**

42,806| |---|---|---| |||
42,806| ## **8 Creditors: Amounts falling due within one year** |Trade creditors
Taxation and social
security
Other creditors|**Total funds 2024**
**£**
1,175
-
1,440
2,615|**Total funds 2023**
**£**
-
5,397
3,627| |---|---|---| |||9,024| 19 **HALFWAY HOME (STOKE-ON-TRENT)** **NOTES TO THE FINANCIAL STATEMENTS** FOR THE YEAR ENDED 31 March 2024 ## **9 Charity funds** ## **9.1 Details of material funds held and movements during the CURRENT reporting period** |**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains**
**and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted funds**
**General Fund**
35,660
86,898
(98,785)
-
-
23,774
**Total**
35,660
86,898
(98,785)
-
-
23,774
**tails of material funds held and movements during the PREVIOUS reporting perio**
**Fund names**
**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains**
**and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
**Unrestricted funds**
**General Fund**
-
117,756
(82,096)
-
-
35,660
**Total**
-
117,756
(82,096)
-
-
35,660|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains**
**and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**|**Fund**
**balances**
**brought**
**forward**
**Income**
**Expenditure**
**Transfers**
**Gains**
**and**
**losses**
**Fund**
**balances**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**| |---|---|---| ||35,660
86,898
(98,785)
-
-
23,774|| ||35,660
86,898
(98,785)
-
-
23,774|| ||-
117,756|(82,096)
-
-
35,660| ||-
117,756|(82,096)
-
-
35,660| ## **9.2 Details of material funds held and movements during the PREVIOUS reporting period** 20