Charity Registered No: 1201928 Heart for Chorley Trustees, Report and Independently Examined Flnancial Statements For the yearended 31 January 2025 Address: l Farrirtgton Street Chorley, Lancashire PR7 IDY Independent Examiner= Taxmatters Accountants Contents l. Trustees, and Activities Report 2. Structure. Governance and Mana8ement (Report of the Trustees) 3, Flnanclal Revlew IReport of the Trustees) 4. Rlsk Assessment (Report of the Trustees) 5. Independent Examlner's Report 6. Flnancial statements 7. Notes to Flnancial Statements
Trustee5 and Activities Re ort Objertives and activlties The prevention or relief of poverty of people who are homeless and those at risk of homelessness in Chorley and the surrounding areas in particular by the provision of housing and accommodation and associated a55iStance and longer-term help in securing and maintainin8 Stable housing. The relief of those in need by rea50n of addlctlon, triminality, unemployment, financial hardship, homelessness and those at rlsk of homelessness in Chorley in particular by the provision of recovery and support services and self-help coaching servlces designed encourage beneficiaries to assess their Options, make more effects've decisions and take ownership of thelr actions. C•1•b¢aThe He•rt for Chortéy Resldent's IA •nnlversary New ttsmputers for benehcl•ry se Heart for ChoTley Personal Developrneni Session New Ileart for Choflèy staff office Achievements & performance Heart for Chorley has contlnued to provide supported housing in accommodats'on leased from our partnersl landlord, Green Pastures. A total of elght residents stayed in our ccommodation through this period. One bed space remained vacant for some of this time to protect the vulnerabilitie5 Of a resident.
Provided supported Housing accommodation services to 9 individua15. 6 were existing residents from the previous year and 3 were being made homeless. Of those that left us, one moved to a flat on tenancy against our recommendation and we continue to work with them to manage the consequence5 of addiction and unhealthy fi'nancial management Iplanned but negativej. 2 were evicted due to drug use or deallng on the premises and referred back to Chorley Borou8h Council lunplanned and negativel. Referral process for all referrals to residentfal accommodation continue to come from Chorley Borough Council only as we work more closely with them to fulh'l thelr Prevention of Homelessness strategy. This is to ensure that all referrals are Chorley responsibilities lowed a duty) and to reduce the number of Imports to the borou8h. In November 2024 the Charity took on the rent of an office space at l Farrln8ton Street, Chorley. PR7 IDY. This provide5 office for staff and volunteers, a training room. loun8e space, kitchen and two toilets. Personal Development sessions are conducted here to residents and communlty benefi'ciaries. In the three months remaining of this accounting period more than 10 Personal Development se55ions have been delivered to a total of 18 Sndividuals. 9 of these have been regular attendees. In September 2024 we recruited a Supported Housin8 Team Leader as the Charlty's first paid employee. Educatl'on programme has also started. This is providing a plarform for staff tralnin8 as well as Level, 2 and some Level 3 courses for beneficlaries to get them ready for work. Structure, Governance and Management The 8oard of Trustees is the body responsible for the government and management of the or8anisation. The trustee5. who served during the year and vp to the date of Sl8nature of the tinanclal statements were.. Beverley Taylor (Appointed 13121231 Sean Reddaway (Appoinled 1312123: Reslgned 31112120241 John Paul Handforth (Appolnled 13121231 Prince Nwoka Wodike IAppolnted 1111251 Anthony Leonard Cliffe (Appointed 1111251 Adedayo VlctorAdesina (Appointed 26131251 Lynda Christine Pim (Appointed 8141251 Financlal Revlew Flnances are stable thi5 year due to receiving full Housing Benefit and this enabled the Charity to recruit.
The year ended with a positive balance and no debt. Taking on the Charity office adds a little financial pre55ure but we are confident that financial support will come as 8rants are applied for. The budget and cash flow moving forward looks Positive. Dizzy Duck DesiÈns Ltd. continues to provide back-office service5 voluntarily and continues to finance many materials and resources for repairs of the flats and offi'ce/ training rooms. Heart for Chorley has begun to onboard its own systems but time to complete this is difficult. Rlsks All risk assessments follow the same five areas. To the: Indlvldual Others In the hous• Housel bulldln8 Charlty/ buslness Communltyl nel8hbourhood Our beneficiaries are vulnerable people that often present with complex issues, All actions from risk assessments are driven by the question 'can we manage this for the beneh't of the benehciaries?, Rlsk assessments wlth sl8nlflcance: Personal risk assessment has identified the continued use of technolo8y for monitoring residents of the supported house and providing support when isolationls needed. CCTV and biometric locks are still In operation ori bedrooms. Use of Internet-based technologies for communlcatlon to continue support plans and coachin8. Fundin8 risk assessments have identified that Housing Benelit being the 501e fundln8 source to the accommodation is low risk for loss but high for impact. Regular small donations from local residents and busine55es are still the most secure lonE-term donation source but plans to implement are stalled due to time constraints. Other cornmunity support has very low overheads and has a low impact from the loss of financial resource5. Governance risk assessment that identifi'ed that 3 Trustees is not an effectfve number for the complexlties of supported housing and homele55ness has been actioned and the Charity now has 6 Trustees. One of the original Trustees has reslgned his responsibilities but remains working almost full-tlme voluntary hours to the operation of the Charity and support to the residents and other beneficiaries. This removes conflicts of interest when making governance decisions as Trustees. Risk assessment identifies that a paid CEO should be recruited as we are in receipt of full Housing Benefit payments. Approved by the board of trustees on 201h November 2025 and signed on its behalf by:
Trustees Beverly Taylor (Chalr of Trustee)
HEART FOR CHORLEY INDEPENDENT EXAMINER'S REPOR FOR TH "JANUARY 2025 Independent E¥aminerfs Report to th• Trustee5 of Sliding Doors I report on the accounts of the charily for the year ended 31" January 2025. which are set out on the following 3 pages. Respectlve responslbllltles of Tiustees and Examiner As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirement5 of the Charities Act 20111.the Act'l. It Is my responsibility to: examine the accounls under section 145 of the 2011 Act to lollow ihe procedu5 laid down in the 8eneral Dlrections given by the commission under seclion 1451Sllbl of the 2011 act to state whether particular matter have come to my attention. Bas15 01 Independent Examln8rf5 Report My examination was carrled out in accordance wilh the General DSrections given by the Charity Commissioners. An examination Includes a review of the accountin8 records kept by the Charity and a comparison of the accounts presented with those records. 11 Jlso includes con5ideratlon of anv unusual itemsordlsclosures In the accountsand seeking explanations from you as Trustees concernin8 any such matters. The procedures undertakerb do not provide all the evidence that would be required in an audit, and consequently no opinion is glven as to whether the accounts present a 'true and fair view, and the report is limited to those matlers sei out in the next statement. Indopend•nt Examlnerfs Statement I have completed my examination. I confirm that no material matters have come to my attention In connection with the examination givin8 me cause lo believe that in any malerial respect.. l. accounting records were noi kepl in respect of the Trust as required by section 130 of the Act- or 2. the accounts do not accord wlth those records. I have no concerns and have come across no other matters In connection with the examination to which atieniion should be drawn Sn thls port In order to enable a proper understanding of the accounts to be reached, Mr. Daljlnder Sln8h Date.. 28" November 2025 Taxmatters Accountants Chartered Certified Accountants 108 Pall Mall, Chorley PR7 2LB
HEART FOR CHORLEY TEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ARY 202 Unrestrirted Restrirted Total 2025 Total 2024 Income Service charge and rent Housin8 benefits Grarbts Received Gift81 Repaymenls to peity cash 8ank interest recesved Donations Total Incom• 4.422 111,718 4,422 111.718 2.392 11.674 1.000 833 77 239 3.161 119,540 239 3,161 119,540 7.209 23.185 Expenditure Accountants fee Buildin8 repairs Insurance Lease Office rent an(J Insurancè Equipment expensed Payroll expenses & Pensions Loan to residents Marketir¢8 and webslle cosi Refreshments Slcharge refund Setup Cost Travel TV. phone and Internet UtilltSes and waste management Council lax Subscriptions Sundries Bank and sirlpe charges Beneficiary Support Total Expenses 228 6,689 1,240 44,445 4.056 3,058 7,710 228 6.689 1,240 44.445 4,056 4,058 7.710 640 672 7.415 75 46 39 80 4.812 99 974 1,325 595 439 595 439 1.769 1.769 1.088 7,160 4.265 972 383 47 1,485 85,629 1.088 7.160 4.265 972 383 47 1,485 86.629 16.177 Net of Incomel lexpendlture) 33,911 {I,0001 32,911 Transfer between funds Total Fund5 brought forward 7,008 Total Funds carrled forward 38,919 39,919
ART FOR CHORLEY BALANCE HE ARY 2025 Notes 2025 2024 Current Assets: Cash & Bank balances 39,919 7,CQ8 Current Llab511tl•s: Creditors and Accruals Net Current Ass•ts 39.919 7.008 Total Assets 39,918 7,008 Represented by; Reserves Unreslricted Re5eNes Reslricied ReseNes 39.919 6,008 1,000 39,919 7.¢XJ8 The notes on the appended pages form part of these financial statements. Approved and si8ned on behalf of the Board of Trustees on 20, November 2025 by: 8everly Taylor (Chairl Date.. 2U November 2025
HEART FOR CHORLEY NOTES TOTHE ACCOUNTS FOR THE YEAR ENDED 31"JANUARY 2025 2025 2024 Bank balances Merlo bank CAF Bank - Current account CAF Bank- reserve account Peity Cash 1,634 7,075 31,180 30 39,919 6,903 105 7,CQ8 Reser¥es enln Bal oi 02 Tran ft$ EXPL between in Balance De 2024 Unrestrlcted Unrestricted Reserves Total unrestrlci•d Reserve5 629 919 Grant Total re5trlrted ReseThes Total Reserves