Company registration number: 13299689 Charity registration number.. 1208622 Cadrene Supported Living (A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2026 Neil Westwood & Co Chartered Accountants l 01 Dixons Green Road Dudl¢y West Midlands DY2 7DJ 'AF5B1R83"
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COMPANIES HOUSE
Cadrene Supported Living Contents (Continued) RefeTence and Administrative Details Trustees, Report 2to5 Independent Examinerfs Report Ststement of Financial Activities Balance Sheet Notes to the Financial Stst¢ments 9t016
CAdr¢ne Supported Liviog Reference and Admioistrative Details Charity Registrgtion Number 1208622 Company Registr*tiOll Iyumber 13299689 The charity is inCorrated in England & Wales. 25 New Street Dudley West Midlands DYI ILT R¢gis¢¢red Orre Independent Examiner N¢il Westwood & Co Chartered Accountants 101 Dixons Green Road Dudley West Midlands DY2 7DJ Page I
Cgdrene Supported Living Trusttts. Report Th¢ trustees, who are ditorS for the purposes of wmpany law, present the annual report tog¢th¢r with the financial statements of the charitable company for the year ended 31 March 2026. Objectivu 4nd attivities Objects andainLf The relief of poverty among peopl¢ who live in the borough of Dudley by providing accommodaiion, advocacy, guidance and support to individuals in ne¢d. To promote social inclusion for the public benefit by preventing people An the Borough of Dudley from becoming socially excluded, relieving those people who are so¢ially excluded and assisting thern io integrate into sociery. Public benefil Our organisation's scope and fundAng constraints limit the sevices we offer to residents in Dudley. While our reporting strn¢ture ntInueS to improve. our database survey reveals the current usage levels of our servi¢¢s as outlined below. We present the percentages accross the support criteria as follows: Support criteria overview: l. Achieve support and access to benefits: This utegory aims to assist individuals in accessing benefits and support. The data indiutes that there was 555 {previou51y 202) services users which equates io a 64Q/D (Prev 28il/r*) level of engagement Telative to over811 usage. 2. H¢althy & Wellbeing including F(K)d Bank.. The Food Bnak s¢rvi¢e exhibits the highest usag¢. of 282 (prev 438) setvices equating to 32Yo (Prev 61•/o) of overall engagement. 3. Homeless to stability housing: Housing support sees lower ¢ngagem¢nt of I l (Prev 48) service users, with only I l O/• (Prev 70/0) accessing this service. 4. post to Health seTvices: Signposting to H¢alth Services shows minimal engagemenL of 25 (prev 31) service users accounting for only 30/• (prcv 40/0) of overdll usage. Th¢ trustees confirni that they have complied with the requir¢m¢nts of liOn 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales. Trustees and offer5 The trustees and officers serving durin8 the year and sin¢¢ the y¢ar end w¢r¢ as follows: Trnstees: Mr G Reid Ms M Benion MrA Howell Mrc Simms Page 2
Cadrene Supported Living Trustees, Report (tontinued) S¢ructurey governanet #nd m#nagemen¢ Ivature ofgoverning documenl The organisation is a charitable company limited by guarante4 incorwrnted on 29 Mawh 2021. The company was eMabli5hed under a Memorandum of Associalion which established the objects and powers of th¢ Charitsble COTnp8ny and is governed under its Articles of Association. In the event of the company bcin8 wound up mernbers are Tequired to contribule an amount not ¢xce¢ding £1. Retruilmenl and tsppoinimenl oflrwlees The directors of ihe company are also charity trustees for Ihe purposes of charity law and under the compangs Articles a known as members of the Management Committee. Under the requircm¢nts of the Memorandum ans Articles of Association the members of the ManagemenL All m¢mr$ and Tnistees of the Management Commit*e give their time voluntary and received no benefits from the charity. The more traditional business and medical skills are well represented on the Management Committee. In an effort to maintain this broad skill mix a skills matrix has been developed and trustees are requested to provide a list of the skills and update it ¢a¢h y¢ar. Induclion and training of trusle All trustees are familiar with the practical work of the charity having been given inforniation receieve4J from the Charities Commission. Iruslee meelings and training received from Dudley CVS advice centre who supports all typ¢s of voluntary groups and charitie5 and recently given access to flexibee an online training ponal with access to over 200 trainin8 course5. Orgonisalionalslruclure Cadrene Supported Living has a Truste¢iManagem¢nt Committee of up to four memebrs who meet quarterly and are responsible for the stsl¢gic dire¢tion and policy of the charity. At present the committe has four members from a variety of professiaonl backgrounds relevant to the work of the charity. The Services Manager has responsibilty for the day to day operational management ol the A¢commodation and teh Hub. individual supervision of the stsff team and alos ensuring that the team conlinure to develop their skills and working practices in line wilh good prncti¢¢. As Cadrene Supported Living grows a scheme of delegation is being developed and improv¢d and put in place ensurin8 that the charity delivers the services specified and that key perfomian¢e indicators ar¢ mcl. Page 3
Cadrene Supported Living Trustees, Report (eontinued) Major r&sks and managemenl oflhose nsks The Manag¢ment Committee has conducted a review of the major risks to which the charity is exposed. A risk register has been established and will k updated at least annually. Ivhere appropriate. systems or procedures have been established to mitigaie the risks the charity faces. Procedures ar¢ in place to ensure compliance with health and safety of staff. volunteers. clients and visitors to the Housing Accommodation and Hub centre. These procedur ar¢ periodically reviw¢d to ¢nsur¢ that they continue to meet the needs of the organisation. Financial review Policy on reserves The trustees are working towards building reserves of at least 3 months. operating costs in order to protect s¢rvi¢es where there are uncertainties as to whether funding will continue and to ensure adequate cash flow for the organisation's needs. In the short iem) ihe Management Committee has also considered the extent to which existing activitie5 and expenditure could be curtailed. shoukl such circumstance5 arise. Statement of iru$tees' ponsibilItieS The trustees (who are also ihe direuors of Cadrene Supported Living for the purposes of company law) are responsible for preparing th¢ trust¢es' r¢port and the financial statements in accordance with applicable law and Uniied Kingdom Accounting Stsndards (United Kingdom Generdlly Accepted Accounting Practice), including FRS 102 Yhe Financial Rep)rting Stsndard applicable in the UK and Republic of Ireland". Company law requires ihe trustees io prepare financial slatem¢nts for each financial year. Under ompany law the trustees rnusi noi approve the financial statements unless they are satisfied that they give a true and faiT view of the state of affairs of the charitable company and of the incoming re50UTces and application of resources. including ils income and expenditure. of the charitable company for that period. In preparing ihes¢ financial slatementy the trustees are requiTed to.. selecl suitable aw)unting policie5 and apply ihem consistently. observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudenr, state wheth¢r applicable accounting standard& comprising FRS 102 have been followed. subject to any material departures disclosed and explained in ihe financial statemenis; and prepare the financial stat¢m¢nts on the going concern basis unless it is inappropriate to presume Ihat ihe charitable company will continue in business. The trustees are responsible for keeping proper accounting records that cark disclose with reasonable accuracy at any time the financial position of th¢ charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable ¢ompany and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Pag¢ 4
Cadrene Supported Living Tru$te¢s' Report (¢ontinued) The trustees are responsible for the maintenance and integrity of the corporate and financial inforniation included on ihe charitabl¢ ¢ompany's website. Le8islation 8overnin8 the prepardtion and disseminalion of financial stalemenls may differ from legislation in other jurisdiction5. The annual report was appmved by ihe trus of the charity on 24 June 2026 and signed on its behalf by: Mr G Reid Truslee Page 5
Cadrene Supported Living Independenl Examiner's Report to the trustees of Cadrene Supported Living ('the Company.) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2026. Responsibilltles attd basis of report A5 the charity's trusiees of the Company (and also its dir¢ctors for the purposes of company law) you are responsible for the preparation of ihe accounts in accordance with the requirements of the Companies Act 2006 {'the 2006 Act.). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Aci and are eligtbl¢ for independent eLVninatio I report in respect of my examination of your charity's accovnls as carried out under section 145 of the Charities Aci 2011 ('the 2011 Act.). In carying out my examination I have followed the Direction5 given by the Charity ComTnission under section 145(5Xb) of the 2011 Act. Imdependent eMmiDer's $tslement I have completed my examination. I confirni that no matters have come io my attention An connection with the examination giving m¢ cause to believe= accounting records were not kept in respeth of Cadrenc Supported Livin8 as required by section 386 of the 2006 Aci- or 2. Ihe accounts do not accord with those record5. or 3. the accounts do not comply with the accounling requirements of section 396 of the 2006 Act othcr than any requirement that ihe accounts give a 'true and fair view, which is not a matter considered a5 part of an independeni examination. or 4. the accounts have noi been prepared in accordance with the method5 and principles of the Statement of Recommended Pra¢ti¢¢ for accounting and reporting by charities lapplicable to charilies preparing their aVnI5 in accordance with the Financial Reporting Standaftl applicabk in the UK and Republic of Ireland (FRS 102)]. I have no concern5 and have come across no other mattcrs 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. N A Westwood Neil We$00d & Co Chartered Accountsnts l 01 Dixons Green Road Dudley.W¢st Midlands DY2 7DJ 24 June 2026 Page 6
Cadrene Supported LiviDg Statement of Financial Activities for the Year Ended 31 Marth 2026 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted fvnds Restricted funds Total 2026 Total 2025 Note Ineome gDd Endowments from: Charitable activities 60.353 22.5(K) 82.853 79.638 Total incom¢ 60.353 22,500 82.853 79,638 Expenditure on: Charitable activiti¢s h¢r expenditure (41.355) (520 (29.987) (1,517 (71,342) (2.037 (47.872) 2,763 Total expenditsre Net incomel(expenditure) Trdnsfers beeen funds (41.875) (31,504 (73,379 (50.635) 18.478 (400) (9.004) 400 9.474 29.003 Net movemeni in funds 18.078 (8.604) 9.474 29.003 Reconciliation of fumds Total funds brought fonyard 16.842 13.295 30.137 1.134 Total fvnds Wri forward 15 34.920 4.691 39.611 30.137 All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2025 is Sho in note 15. The notes on pages 9 10 16 fomj an integrdl part of these fjnancial statements. Page 7
CadreDe Supported Living (Registration number: 13299689) Balance Sheet as at 31 Mar¢h 2026 2026 2025 Note Fixed assets Tangible assets .692 2.809 Current assets Debtor5 Cash at bank and iT] hand 3.357 38,120 2.254 27,749 12 41,477 (3.558) 30,003 (2,675 Creditorn: AMOuts falling due within oje year 13 Net current assets 37,919 39,611 27,328 30.137 Ne¢ assets Funds of the cbgrity: Restrieted Income funds Restricted funds 4,691 13,295 Unrestrieted income f¥nds Unrestricted funds 34,920 39.611 16.842 30.137 To¢al funds 15 For the financial year ending 31 March 2026 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, re5ponsibilities.' The Tnembers have not required ihe charity to obtsin an audit of its accounts for ihe year in question in accordance with s¢clion 476. and The directors acknowledge their responsibilitie5 for cornplying with the requirements of the Act with respect to accounting records and the prepardtion of accounts. The financial stat¢m¢nts on pages 7 to 16 were approved by the trustees. and authorised for i5sve on 24 June 2026 and signed on their behalf by= Mr C Simm5 Truste The notes on pages 9 to 16 forni an integral part of th¢se finala1 statements. Page 8
CAdrene Supported Living Notes to the FiDanei%l Statements for the Year Ended 31 March 2026 I Chaiity status Th¢ ch8rity is limited by 8uarantee. incoTPOTated in Engjand & Wale& and consequently does not have sbare capilaj. Each of the trustees is liable to contribute an amount not exceeding £Nil towards the assets of th¢ charity in the cv¢nt of liquidation. The addrcss of its registeTed office is: 25 New Str&t Dudley West Midlands DYI ILT These financial staternents w¢ authorised for issue by the trustees on 24 June 2026. 2 AeeouDting polieitj Summary of SiEmifioant a¢¢oullting polleies #Dd key a¢¢ounting estimates The principal wuntin8 licIeS applied in the preparntion of these fJnaJ)¢ial statements are set out below. These policies have betn consistentty appli to all the yegrs present. unl¢ss otherwise stated. Statenbent of ¢ompliaD¢e The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Prdciice (appliuble to chariti¢s preparing their actounts in accordance with the Financial Reporting Standard appliuble in the UK and R¢public of ]reland (FRS 102)) (issued in October 2019) - (Charities SORP (FKS 102)X the Financial Reporting Stsndard applicable in the UK and R¢publi¢ of Jreland (FRS 102) and the Companies Act 2006. Basis of prepawatioo Cadrene support LivAng meets th¢ definition of a public benefit entity under FRS 102. Assets and liabilities are inilially r¢cogniSl at hiOn¢41 St.0[ Itaiisaction v81ue unless otherwise stated in the r¢levanl a¢¢ounting lIcY notes. Going con¢ern The trustees consider that there are no material uncertainties about the Charitys ability to ntinUe as a going concern nor any significant areas of uncertainty thot affect the carying value of ass¢ts held by the charity.
Cadrene Supported Living Notes to the Financial Statements for the Year Ended 31 March 2026 (continued) 2 A¢coun¢ing policies (eontittied) Income endowments Expenditure All expenditure is recognised once there is a legal or Constructive obligation to thal expenditure. it is probable settlement 15 required and the amount can be measured r¢liably. All ¢osls are allocated to the appli¢abl¢ expenditure heading that aggregate similar costs to that ¢at¢gory. Wh¢r¢ costs cannot be directly attributed to particular headings they have been allocated on a basi5 consistent with the use of r¢sourc¢s. with central staff costs allted on the basis of tim¢ spenL and depreciation charges allocated on the portion of the asset's use. Other support Costs are allocated based on the spread of staff costs. Charilable aciivilies Charitable expenditure ¢ompris¢s those costs incurred by the charity in the delivery of its activities and services for its beneficiarie5. It includes both costs thai can be allocated directly to such acliviti¢s and those costs oran indirect nature necessary to support them. Support eosts Support costs include centrdl functions and have been allo¢at¢d to activity cost calegories on a basis consistent with the use of resources. for ex8mple. allocating property costs by floor areas. or per capita. stsff costs by the time spent and oiher costs by their usa8e. Taxation The charity is considered to pass the tests set out in Pardgrdph I Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is pot¢nlially exempt from taxation in respeth of income or capital gains received within ¢ategori¢s covered by Chapter 3 Part I l of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to the exteni that such income or gains are applied ex¢lusiv¢ly to charitable purposes. Tangible fixed assets Individual fixed assets costing £500.00 or mre are inilially recorded at cost. Depreciation and aMorti(lo Depreciation is provided on tangible fixed asseis so as to writs off the cost or valuation. less any ¢stimated residual valu¢. over their expected useful economic life as follows- Asset class Furniture and equipment Computer equipment Depreciation method *nd ra¢e 251J/o on cost 33.330h on cost Page 10
Cadrene Supported Living Notes lo the Financial Statements for the Yar Ended 31 March 2026 (eontinued) 2 Accounting policies (fODtiDued) Fund strut¢ure Unrestricted income funds are general funds thai available for use at the trustees discretion in rtherdnce of the objectives of the charity. Restricied income fvnds are those donated for use in a particular area or for specific purpose4 the use of which is restricted to that area or purpose. Pensions 4Dd other posl retirement obligatioms Th¢ charity operates a defined contribution nSIOn scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay fijrther contributions even if the fvnd does noi hold sufficient assets to pay all employees the b¢D¢fits r¢lating to employee service in the current and prior periods. Contributions to defined contribution plans are recognised in th¢ Stst¢m¢nt of Financial A¢tivtti¢s when they are due. If contribulion paymenis exce1 the contribulion due for service. the excess is recognised a5 a prepayment. 3 Income from cbaritsble aetivities Unrestricted funds General Restricted funds Total funds Accommodation Hub 28.230 32.123 60.353 28,230 54.623 82.853 22.500 22,500 Tot21 for 2026 Total for 2025 56.318 23.320 79,638 Unrestricted futtd$ General Restricted fynds Total 2025 Accommodation Hub 26,895 29,423 56,318 26,895 52,743 79,638 23,320 23.320 Pagell
Cadrene Supported Living Notes to the Fin*neial Stjilements for the Year Ended 31 March 2026 (continued) 4 Other expendit4re Unrestri¢ied funds General Restrieied runds Total funds Note Independent examiner fees Examination of the financial statements Legal fees Depreciation. amortisation and other similar costs 340 180 340 180 .517 .517 2.037 Tolal for 2026 520 1.517 Total for 2025 1,158 1.605 2.763 S Net incomingloulgoing resourc Net incoming resources for th¢ year Include.. 2026 2025 Depreciation of fixed assets 1,517 1.605 Page 12
Cadrene Supported Living Iyotes to the Financial Statements for the Year Ended 31 March 2026 (continued) 6 Trus¢ees remuneration and expenses No trustees, nor any p¢rsoDs connected with them. have received any remuneration from the charity during the year. No trustees hav¢ e1ved any reimbuTsed expenses from the Charity during the year. 7 Stsifcosts The aggregaie payroll costs were as follows: 2026 202S Staff costs during the year Tverv. Wages and salaries Social security costs Pension costs 25.235 3,931 710 27.468 2,571 645 29.876 30.684 The monthly average number of persons (includtng senior mana8¢m¢nt I lud¢rship t¢am) employed by the charity during th¢ year expressed as fijll time equivalents wa5 as follow5.' 2026 2025 Administration and support No employee received emluments of more than £60.0(K) durin8 th¢ year. 8 Independent examTner's remuDer*tioD 2026 2025 Examination of the financial stat¢ment5 340 360 Page 13
Cadrene Supported Living Notes to the FinaD¢ial Statements for the Year Ended 31 Mareh 2026 (eontinu¢d) 9 Taxalion The charity is a register Charity and is therefore exempt from thxation. 10 TaDgible fixed g&qets Furni¢ure and equipmejl Tot¥1 Cost At l April 2025 Additions 4.760 400 4,760 400 At 31 March 2026 5,160 5,160 Depreciation At l April 2025 Charge for the year At 31 March 2026 1.951 .517 1.951 1.517 3.468 3.468 Net book value At 31 March 2026 1,692 .692 At 31 Mareh 2025 2.809 2,809 11 Debtors 2026 2025 Trade debtors her debtors 2,989 368 2,254 3.357 2.254 12 Casb gnd esh equivlents 2026 2025 Cash at bank 38,120 27,749 Page 14
Cadrene Supported Living Notes to the Financial Statements for the Year Ended 31 March 2026 (continued) 13 Creditors: amounts falling dme wi¢hin one yr 2026 2025 Other taxation and social security Other creditors Accruals 2.151 142 1.265 2,165 150 360 3.558 2,675 14 Pension and other schemes Defined ¢ontribution pension scheme The charity operafrs a d¢fin¢d contribution tnsiOn scheJJ)e. The pension cost charge for th¢ year represents contriblOn5 payabl¢ by the charity to the scheme and amounted to £710 (2025 - £645). 15 Funds Balance at l April 2025 Balance a¢ 31 M¥r¢h 2026 IncoTning Resources expended Transfers Unreslri¢ted funds . Generdl 16.842 60.353 22.500 (41.875) (31.504 {4iKI} 34,920 4,691 Restricted funds 13.295 Total fuDd$ 30,137 82.853 73.379 39.61 Bal•nce at J April 2024 Ineomimg resources Resources expended B21gnce at 31 March 2025 UtriCted funds General (2.430) 3.564 56,318 23.320 (37,046) {13.589 16,842 13.295 Restricted funds Total funds 1,134 79.638 50.635) 30,137 Page 15
Cadrene Supported Living Notes lo Ihe Financial Statements for the Year Ended 31 Mareb 2026 (continued) 16 Related pgrty trgnsactions There were no related party transactions in the year. Page 16