STAR Houslng Annual Trusto85 Report for the Year Ending 5th April 2024 Trustees Nicola Dyke Joanne Philpott Ashley Kingscote Introduction The Trustees of STAR Housing are pleased to present the Annual Report for the year ending 5April 2024. As a newiyestablished CIO, this yearwas primarily focused on proparing for our oporE]tional launch in tho upcomingyear. Dospito rbot yot bocomlng fully operational, we made significant strides in laying the foundation for the work we aim to do in the future. Our mission to provide relief to those suffering from addiction to mind-altering substances and to promote the preservation and protectlDn of good health is the cornerstone of our efforts, and we are exciied to move ctoserto fulfilling that misslon. Charlty ObJ•ctlv•$ The charity's objectives. as outllned in our foundi ng documents. are the rellef of slckne8s and the preservatlon and protectlon ofgood health among indlviduBls who are addicted to mind-altering substance5. We aim to provide vital support, treatment, and recovery servicesto those affected by addiction, uLtim8tely improving their well-being and enabling them to lead fulfilling, healthier lives. Rovlew of the Y•ar As STAR Housingwas not yet operation81 duringthis year, much of our aclivitywas focused on setting up the necessary structures 8nd partnerships to ensure a successful start to our work in the coming year. The key activities ofthe year include: Forrnatlon and GovernBnco." This ye8rw3s pivotal in setting up the govern8nce structure of STAR Housing. We successfully recruited a dedicated Board of Trustees. who bring a wealth of experience in charity governance, addiction Ireatment, 8nd public health. The Board has worked diiigentlyto finalise our charity's mission. values. and strategic goals, ensuringwe are well-positioned to make a meaningful impact in the future. Fundralslngand Flnanclal Planning- Although we did not yet begin Operational activities, we worked on securing the necess8ryfundlngtO 5UPPOrt our programs
once we become operatlonal. Through gr8nt applications and plans for fundraising. we aimed to build the financiaL resources needed to provide ongoing services to those in need. We developed a detailed financial plan that includes projected funding requirements and long-term sustainability Str8tegies. Partnerships and Stakeholder Engagem•nt: Recognising the importance of collaboration In the our sector. we beg8n forming pannerships wilh other organls8tlons that share our808ls and values. These partnerships will allow us to work more effectively in providing support to our service users. We have al80 been in contact with health¢are professionals and addiction specialists to ensure our services will be evidence-based and in line with best practices. Communily Ouir•a¢h and Awareno$g: Alihough we were noi yel operatlonal. we have begun engagingwith the community to r8i8e awareness about the work we aimed to do. Financlal Ov•rvl•w As 8 newly established charity. STAR Housing's financial activityforthe yearwas zero as the CIO was notyet operation81 nor held any funds. Incom•: £0 Expgndlture: £0 Not Po¥lllon: £0 Plans were set out for STAR Housing'9 Income prim8ri1y to conslst of grants and don8tlon9. Looklng Forward Looking 8head. we are excited aboul the next phase of STAR Housing's development. Our key priorities for the following financial year include: 1. Opgr8tional Launch: Our primaryfocus in the next year is to18unch our services, including addiction recovery housing and recovery day program. We aim to make 8 positive difference in the live5 of individuals struggling with addiction. 2. Program Developrnent: We will continue to develop our progr8m, focusing on hollsilc care that Integrates guided group work. house group meeting. peer support, and one-on-one support. We will also en8ure ihai our services are accessible and tailored to meetthe unique needs of each individual. 3. Expandlng Partnershlps: Building strong relationships wirh local health seIce8, rehabs and other chariti88 will be essential in ensuring our services are effective and reach as many people a5 possible. We wiLi8180 focus on building
relationships with local communitiesto attractfunding. newcollaborators and prospective service users. 4. Sust¥inAblUty and Growth: As we begin to operate. we will ft)cus on securing sustainable funding, expandingourfunding base, and establishing iong-term partnershipsto ensure the sustainable growth and impact of STAR Housing. Concluslon While thi5 year has primarily been focused on preparation, the commitment and enthusiasm ot our trustces and supporters have positioned STAR Housing fora successful future. We are confident that with the dedication of ourteam. our partners, and rhe communlry. we will fulfill our mission to support indlvlduals affected by addiction and improve their health and well-being. W8 would like to extend our hearttelt thanks to 811 those who have supported us in this foundational year. We look forward to the excitingwork ahead and the positive impact W8wiII have on the Ilves of many Indlvlduals and thelrfamllles. Slgn•d. Ashley Kingscot8 Trustee STAR Housing 12103125
STAR HousinK (Charitable Incorporated Organis8tion) End of Year FinanclalAccount$ lortheyear endlng5- ApriL2024 Trust••s Nicola Dyke Joanne Philpott Ashley Kingscole Statement of Flnancial Activitie¥ Descrlptlon Amount {£) Income £0 Exwndllure £0 N•t Mov•m•nt In Funds £0 Total Inoomo: For the year ending 5th April 2024, STAR Housing did not recelve 8ny income. As 8 n8wIy established charltable Incorpor8ted organisation {CIO), we focused on administrative and govemance actlvitle8. which did not result in any revenue generation durlngthi$ period. Total Expendltur•: Similarly. no operational expenditure was incurred duringthe year, While various setup activities end operation8l planningwere undertaken, no financial outflow occurred. The charity's legal, registration. 18bour and planningcosts were zero. Balance Sheat A8set8 Amount (£) Fixed Asset3 £0 Current Assets £0 TotaL Agset5 £0
Liabllltles Amount (£) Currant LiabiUtle3 ÉO Total Li8bilitlo$ £0 Funds Amount (É) Unre3trictod Fund8 £0 R•gtricted Funds £0 Total Funds £0 Notosto tho Accounts: 1. Income: As a ncw organisation, STAR Housing dld not r8c8ive any Income durlngihe reporting period. Ourfocu3 wes on governance. regi$tratlon. and preparingfor future fundraising and operations. 2. Expendlture: Expenditures for the yearwere zero. 3. Flxed Assets: The charitydid not purchase or own anyfixed assets duringthe year. 4. LlablUtle3: No liabilities were incurred by the charity during this period and there wer8 no out8tandlng debts or financial obligations. 5. Fundralslng: As the charity had not yet iavnched Its fundraisingefforts, no restrlcted or unrestricted funds were raised in the year. We actively prepared fundraising Inltlatlves In the following year. Con¢luslon: These accounts retlect the early stage of STAR Housing's operations, with both income and 8xp8ndituie being zero. The charity's mgin activities duringthe period werefocu¥ed on establishing governance. legaLcompliance. and operational planning. wth no financial transactions of significant value occurring.
We anticipate a more active financial year ahead, with plans forfundraising, partnership-building. and the deveLopment of our programs in the coming period. Signed, Ashley Kingscote Trustee STAR Housing 12103125