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2024-06-01-accounts

THE WELL HOMELESS SUPPORT, NEWARK

CHARITY NUMBER 1198466

NO. 15, 15, BALDERTON GATE, NEWARK, NOTTINGHAMSHIRE.

ACCOUNTS

YEAR ENDED 31 MAY 2024

INDEX

Page
Trustees’ report 1-2
Independent Examiner’s report 3
Statement of financial activities 4
Balance sheet 5
Notes 6-8

David Pattinson, Chartered Accountants, 233, London Road, Balderton, Newark, Nottinghamshire.

1

REPORT OF THE TRUSTEES’ OF

THE WELL HOMELESS SUPPORT, NEWARK

The trustees of The Well Homeless Support, Newark present their annual report and summary of accounts for the year ended 31 May 2024.

Aims

The Well aims to support those who are homeless, in danger of homelessness and those who have recently been homeless. Support can be emotional, practical or involve referral to other agencies who are better placed to support (e.g. drug rehabilitation centres, Citizens Advice).

We are a Christian organisation run by churches and volunteers across Newark so we also seek to share our faith with people using our services if they welcome it, in addition to providing a practical demonstration of Christianity for the wider community. However, we would stress that the support we offer is available to all, regardless of beliefs.

Activities

Crisis emergency accommodation

Over the course of the last year we have met with representatives from Newark and Sherwood District Council. We have discussed several possible sites for a NAPpad (cabin of 4 small emergency bedrooms). We undertook a visit to a potential site on Cow Lane (near the back of Aldi). Sadly, this would have been a difficult site to use, because it has no sewage drainage and no power connected. We have also met with several of the local councillors. They are broadly supportive but concerned that if the short-term accommodation is sited in the heart of the town, it might attract homeless people into the town from other areas, bringing anti-social behaviour with it. The steering committee has raised the point that there is already considerable anti-social behaviour in the town linked to people sleeping in shop doorways, much of which could be alleviated if these people were housed in a discrete location in purpose-built accommodation with camera coverage.

We have now exhausted the possible sites that the local authority own. Our next port of call is to approach Nottinghamshire County Council to see if it is possible to place them on a site which they own.

The other option we will explore is placing them on a church site. The Salvation Army was suggested, but as it is several miles walk from the centre of Newark and in the midst of a residential area, it would not make a feasible site. Similarly, Christ Church have offered to host us on their land but it is in the heart of a residential area; the manse is also located on the church site which might make life difficult for the vicar and his family.

We will continue to look at possible sites for the location of the emergency accommodation. We are open to buying a piece of land ourselves, so we are also exploring this avenue.

Winter Drop in – day to day practical support through the winter months

The drop in ran through the community café, opening January, due to a late completion of purchase of the building, however it was possible to run it right through until June. The costs of the food and the running of the building were covered entirely by Newark Baptist Church as part of running the café.

The Well trained the volunteers, funded tents, sleeping bags, clothes and shoes, as required by the homeless people coming in. We have had just over thirty people access the service, several of whom have been re-homed and two of which are now in rehab working towards being clean of drug use.

Hope into Action house

The Hope into Action house was purchased for us by an investor who has agreed to let it to us for a minimum of a 5- year period. The first six months of the year were spent renovating it to the HIA national standards for fire and house safety. A significant amount of time and money was spent on this. We employed an Empowerment Worker earlier than needed to help get the house up and running quicker. Unfortunately, she didn’t feel able to continue to balance her role with us and her other part time job. Although the house was ready to take tenants in November, we had to pause the process of taking referrals while we sought a new Empowerment Worker. We appointed to the post in March; following training and induction we are now in a position to take new tenants.

Christian witness

We continue to share our faith through the drop in and the Hope into Action house. We’ve seen two people that have been involved in the project go on to be baptised this year and one join an alpha course to explore their faith.

2

Volunteers

Volunteers continue to be the back bone of the organisation. A team of fifteen volunteers kept the drop in running through to June. We have trained a group of eight possible friendship and support volunteers to work with the tenants of the Hope into Action house. The work on the building was supported by a varied team of people who painted, cleaned and worked to make the house welcoming.

Financial summary

A large proportion of the finance spent this year has been expended on renovating the HIA house, approximately £12,000. This cost more than had we anticipated, as the delay in opening meant that we were paying the bills for an empty house during a period when we had anticipated having a regular rental income. However, once there are three tenants in the house, we should be able to recoup some of the costs incurred.

I feel we must also mention the incredibly generous support of local businesses and individuals in providing furniture, bedding, fixtures and fittings at their own personal cost to make the house into a warm welcoming home.

We are still holding funds in readiness to buy the temporary accommodation. Hence, we are not currently actively fundraising, but local churches and individuals continue to be generous in their financial support which puts us in a strong position to move forward once we have a site to work from.

Charity Trustees

Chair: Sara Brumhead

Trustees: Pamela Chard, Lesley Marshall, Matt Elsey, Cheska Asman

Approved by The Well Steering committee and signed on their behalf by Sara Brumhead (Chair of trustees) on 13 March 2025

3

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF

THE WELL HOMELESS SUPPORT, NEWARK

I report on the accounts of The Well Homeless Support, Newark for the year ended 31 May 2024 which are set out on page 4 to 8.

Respective responsibilities of trustees and examiner

As the Charity’s trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 144 of the Charities Act 2011 (the Charities Act) does not apply, and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

have not been met; or

David Pattinson, Chartered Accountant 233, London Road, Balderton, Newark, Nottinghamshire. NG24 3HA

24 March 2025

4

THE WELL HOMELESS SUPPORT, NEWARK

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 MAY 2024

2023
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds funds funds
£ £ £ £ £ £
Note
Income and endowments
from: 3
Donations and legacies 1,415 - 1,415 71,033 3,500 74,533
------------ ------------ ------------- ------------ ------------ ------------
Expenditure on: 4
Charitable activities 12,236 121 12,357 - 2,658 2,658
Other 243 - 243 206 - 206
------------ ------------ ------------- ------------ ------------ ------------
Total 12,479 121 12,600 206 2,658 2,864
------------ ------------ ------------- ------------ ------------ ------------
Net income/(expenditure) (11,064)
(121)

(11,185)
70,827 842 71,669
Transfer between funds - - - - - -
------------ ------------ ------------- ------------ ------------ ------------
Net movement in funds (11,064)
(121)

(11,185)
70,827 842 71,669
Reconciliation of funds: 8
Total funds brought forward 70,827 842 71,669 - - -
------------ ------------ ------------- ------------ ------------ ------------
Total funds carried forward 59,763 721 60,484 70,827 842 71,669
------------ ------------ ------------- ------------ ------------ ------------

The notes on pages 6 to 8 form part of these accounts

5

THE WELL HOMELESS SUPPORT, NEWARK

BALANCE SHEET

YEAR ENDED 31 MAY 2024

2024 2023
Note £ £ £ £
Fixed assets:
Tangible fixed assets 5 442 214
Current assets: 6
Cash at bank 50,337 63,019
Debtors and prepayments 10,674 8,628
------------ ------------
61,011 71,647
Liabilities:
Creditors: amounts falling due within one year 7 969 192
------------ ------------
Net current assets 60,042 71,455
------------ ------------
Total net assets 60,484 71,669
------------ ------------
The funds of the charity: 8
Unrestricted funds 59,763 70,827
Restricted funds – NSDC, Drop in 721 842
------------ ------------
Total charity funds 60,484 71,669
------------ ------------
S. BRUMHEAD
M.L. MARSHALL

Approved by the trustees on 13 March 2025

The notes on pages 6 to 8 form part of these accounts

6

THE WELL HOMELESS SUPPORT, NEWARK

NOTES

YEAR ENDED 31 MAY 2024

1. CONSTITUTION

The Well Homeless Support, Newark is a Charitable Incorporated Organisation and is Registered Charity member 1198466.

2. ACCOUNTING POLICIES

a) Basis of preparation

The accounts have been prepared under the historical cost convention in accordance with applicable accounting standards and the Charities Statement of Recommended Practice (FRS102)(effective January 2015).

b) Funds

Unrestricted funds are not subject to any restrictions regarding their use and are available for general purposes. Within these funds, however, the charity may designate funds for a particular purpose. Restricted funds may be spent only on the projects for which they were given.

c) Grant income and donations

Grants are treated as income in the year to which they relate; donations are accounted for as received.

d) Resources used

Expenditure is recognised when incurred.

e) Tangible fixed assets

Fixed assets are depreciated in equal annual instalments over their expected useful life of ten years.

3. INCOMING RESOURCES

(a) 2024
2023
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
funds
funds
£
£
£
£
£
£
Donations and legacies
Grants
-
-
-
54,000
3,500
57,500
Donations
1,415
-
1,415
17,033
-
17,033
------------
------------
------------
------------
------------
------------
Total incoming resources
1,415
-
1,415
71,033
3,500
74,533
------------
------------
------------
------------
------------
------------

7

THE WELL HOMELESS SUPPORT, NEWARK

NOTES

YEAR ENDED 31 MAY 2024

4.

EXPENDITURE

(a)
(b)
Charitable activities
Running expenses
921
-
921
-
165
165
Food
-
-
-
-
277
277
Practical guest provision
-
121
121
-
83
83
Contribution to Christ Church overhead costs
-
-
-
-
1,500
1,500
Staff expenses - wages
4,701
-
4,701
-
-
-
other expenses
643
-
643
-
156
156
training
30
-
30
-
-
-
advertising
200
-
200
-
-
-
telephone
72
-
72
-
-
-
Hope into Action
365
-
365
-
210
210
HIA rent
2,232
-
2,232
-
-
-
HIA refurbishment
549
-
549
-
-
-
HIA council tax and water
2,043
-
2,043
-
-
-
HIA light and heat
480
-
480
-
-
-
HIA Volunteer training
-
-
-
-
192
192
HIA staffing
-
-
-
-
75
75
------------
------------
------------
------------
------------
------------
12,236
121
12,357
-
2,658
2,658
------------
------------
------------
------------
------------
------------
Other
Independent Examiner’s fee
192
-
192
192
-
192
Depreciation
51
-
51
14
-
14
------------
------------
------------
------------
------------
------------
243
-
243
206
-
206
------------
------------
------------
------------
------------
------------
------------
------------
------------
------------
------------
------------
Total expenditure
12,479
121
12,600
206
2,658
2,864
------------
------------
------------
------------
------------
------------

5. TANGIBLE FIXED ASSETS

Cost
1 June 2023
Additions
31 May 2024
Depreciation
1 June 2023
Charged
31 May 2024
Net book value
31 May 2024
31 May 2023
Equipment

£
228
279
------------
507
------------
14
51
------------
65
------------
442
------------
214
------------

8

THE WELL HOMELESS SUPPORT, NEWARK

NOTES

YEAR ENDED 31 MAY 2024

6. CURRENT ASSETS: DEBTORS AND PREPAYMENTS

£
Debtors 9,196
Prepayments 1,478
------------
10,674
------------

7. LIABILITIES : AMOUNTS FALLING DUE WITHIN ONE YEAR

LIABILITIES:AMOUNTS FALLING DUE WITHIN ONE YEAR
£
Creditors 192
Accrued expenses 569
Social security and other taxes 208
------------
969
------------

8. RESERVES

Outline summary of fund movements

Fund balances Gains and Fund balance
Brought forward Income Expenditure Transfers Losses Carried forward
£ £ £ £ £
£
Unrestricted funds 70,827 1,415 (12,479) - -
59,763
Restricted – NSDC, Drop in 842 - (121) - -
721
------------ ------------ ------------ ------------ ------------
------------
71,669 1,415 (12,600) - -
60,484
------------ ------------ ------------ ------------ ------------
------------

Unrestricted funds are those available for the general purposes of the charity. The restricted funds are a grant from NSDC for the Drop in fund and may be spent only on the project for which it was given.

9. TRUSTEES’ EXPENSES, REMUNERATION AND BENEFITS

No trustee expenses have been incurred.

No trustees have been paid any remuneration or received any other benefit from an employment with The Well Homeless Support, Newark.