THE SOCIETY FOR THE RELIEF OF THE HOMELESS POOR
STATEMENT OF ACCOUNTS for the YEAR ended 30th SEPTEMBER 2022
DAVID J RYLAND, F.C.C.A. Chartered Certified Accountant Room 19 Sutton Business Centre Restmor Way, Wallington Surrey SM6 7AH
SETHE SOCIETYSREEEM_ WPI FOR THETHE RELIEFRELIEF OFOF THETHE HOMELESSHOMELESS POORPOOR
CONTENTS OF REPORT AND FINANCIAL STATEMENTS
Page 1 Legal and Administrative Information Pages 2-3 Report of the Trustees Page 4 Report of the Independent Examiner Page 5 Statement of Financial Activities Page 6 Balance Sheet Pages 7-8 Notes forming part of the Financial Statements
THE SOCIETY FOR THE RELIEF OF THE HOMELESS POOR
LEGAL AND ADMINISTRATIVE INFORMATION
TRUSTEES
R Plummer
(Chairman)
H Sleep P Stringer P J Tomes
REGISTERED UNDER CHARITY COMMISSIONERS
No. 207701
PROPERTY OWNED BY SOCIETY
85 Trinity Road Wandsworth London SW17 7QX
INDEPENDENT EXAMINER
David J Ryland, F.C.C.A. Chartered Certified Accountant
Room 19
Sutton Business Centre Restmor Way,
Wallington Surrey SM6 7AH
Santander
Business Banking Centre Bridle Road Bootle
Nat West Bank 66/68 St Johns Road Battersea London SW11 1PB
L30 4GB
1
SEUTHE SOCIETY FOR THEEE RELIEFRELIEF OFOr THETHE HOMELESSHOMELESS POORPOOR eeANNUAL REPORT OF THE TRUSTEES FORPOR THETHE YEARYEAR ENDEDENDED 3030 SEPTEMBERSEPTEMBER 20222022 CONSTITUTION AND OBJECTS
The Society is constituted by a Trust Deed sealed 11 June 1915 and is a registered charity number 207701. The Society was formed to give help and relief to poor disadvantaged people and has continued in this service ever since. There is a property owned by the society in which those entitled to receive relief may stay on a short term or long term basis. The address of the property is 85 Trinity Road, Wandsworth, London SW17 7QX having moved from its previous location of 84 West Side, Clapham Common, London SW4 9AY in 2012
ORGANISATION
The Trustees who have served during the year and since the year end are set out on page 1. Regular trustees meetings are held to decide policies to further the work of the Society and deal with administrative matters as they arise.
FINANCIAL REVIEW
The new property at 85 Trinity Road became operational in December 2012 after extensive building work had been completed to provide modern suitable board and lodging continuing enhancment work on building and improvements to date amounting to £2,863,301 (2021 £2,769,300. In the year to 30 September 2022 the total income was £290,270 (2021 £285,450) and total resources expended were £197,030 (2021 £216,648) leaving a surplus of £93,240 (2021 £68,802). The continuing capital building work on 85 Trinity Road amounts £94,000 in the year.
The total unrestricted funds of the Society at 30 September 2022 was £2,882,572 (2021 £2,788,932).
RISK MANAGEMENT
The Trustees have examined the major strategic, business and operational risks which the Society faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
2
TRUSTEES' RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS
Law applicable to charities in England and Wales requires the Trustees to prepare financial statement for each financial year which give a true and fair view of the Society's financial activities during th year and of its financial position at the end of the year, In preparing those financial statements, th Trustees are required to:
(a) select suitable accounting policies and apply them consistently;
(b) make judgements and estimates that are reasonable and prudent:
i
(c) state whether applicable accounting standards and statements of recommended practic hav been followed subject to any departures disclosed and explained in the financial statements; and (d) prepare the financial statements on a going concern basis unless it is inappropriate to presum that the Society will continue in business.
The Trustees are responsible for keeping accounting records which disclose with reasonable accurac at any time the financial position of the Society and enable them to ensure that the financi: Statements comply with the Charities Act 2011. They are also responsible for safeguarding the asset of the Society and hence for taking reasonable steps for the prevention and detection of fraud an other irregularities.
Approved by the trustees on 13 July 2023 and signed on their behalf by:
: H | ; ! {
|
|
:
REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF THE SOCIETY FOR THE RELIEF OF THE HOMELESS POOR
| report on the accounts of The Society for the Relief of the Homeless Poor for the year ended 30 September 2022 which are set out on pages 8 to 13.
Respective responsibilities of the trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year [(under section 144(2) of the Charities Act 2011 (the Act)] and that an independent examination is needed.
It is my responsibility to:
- examine the accounts [under section 145 of the Act]; - to follow the procedures laid down in the General Directions given by the Charity Commissioners [under section 145(5)(b) of the Act]; and - to state whether particular matters have come to my attention.
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, | do not express an audit opinion on the accounts.
Independent examiner's statement
In connection with my examination, no matters has come to my attention; 1) which gives me reasonable cause to believe that in any material respect the requirements: - to keep accounting records in accordance with section 130 of the 2011 Act: and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
David J Ryland aoe Chartered Certified Accountant Room 19 Sutton Business Centre Room Restmor Way, Wallington Surrey SM6 7AH
Date: 13 July 2023
4
SSETHE SOCIETY FOR THE RELIEFRELIEF OFOF THETHE HOMELESSHOMELESS POORPOOR
eeSTATEMENT OF FINANCIAL ACTIVITIESARTES forfor the the YEARYEAR ENDEDENDED 3030 SEPTMBERSEPTMBER 20222022
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|2022|2021|
|INCOMING|RESOURCES|£|£|£|£|
|Board & Lodging|290,190|284,014|
|Donations/Appeal|& Sundry Receipts|80|1,436|
|TOTAL INCOMING RESOURCES|290,270|285,450|
|RESOURCES|EXPENDED|
|a)|Establishment:-|
|Maintenance & Repairs|25,242|23,176|
|Water &|Rates|750|649|
|Light & Heat|22,378|13,716|
|Cleaning &|Pest Control|1,265|2,465|
|Insurance|5,055|3,429|
|54,690|43,435|
|b)|Housekeeping:-|
|Provisions|442|952|~|
|c)|Administration:-|
|Salaries and Wages|86,262|84,652|
|Administration|Costs|481|3,327|
|Telephone|1,162|1,477|
|Travel|Costs|549|232|
|Accountancy and|Book-keeping|26,829|25,860|
|Bank Charges|12|25|
|Subscriptions|-|Donations|175|222|
|Sundries|1,228|190|
|Consultancy|Fees|24,000|23,976|
|Legal|Fees|1,200||32,300 |
|TOTAL|141,898|172,261|
|RESOURCES EXPENDED|197,030| 216,648||
|NET MOVEMENTS|IN FUNDS|for the YEAR|93,240|68,802|
|BALANCE AT 1.10.2021|2,788,932 |__2,720,130|
|GENERAL FUND BALANCE|30.9.2022|2,882,172| 2,788,932 _|
----- End of picture text -----
5
t '
' | !
THE SOCIETY FOR THE RELIEF OF THE HOMELESS POOR BALANCE SHEET as at 30 SEPT EMBER 2022
|
----- Start of picture text -----
Note 2022 2021
FIXED [ASSETS] £ £ £ £
Tangible Assets 1/2 2,863,301 2,769,301
CURRENT ASSETS
Debtors
Cash [at][ Bank][ and] [in][ Hand] 3 14,142 14,342
12,107 13,588
Less:Creditors 26,249 27,930
NET falling due within oneyear 4 7,378 —__8,299
CURRENT ASSETS KLIABILITIES) 18,871_ —19,631
2,882,172 2,788,932
—— ————
GENERAL FUND
Unrestricted Funds §
2,882,172 — 2,788,932
2,882,172 2,788,932
——— ———————
Approved by the Trustees on 13 July 2023 and Signed on its behalf.
ans
oooe.< .
re li
----- End of picture text -----
|
mG
THE SOCIETY FOR THE RELIEF OF THE HOMELESS POOR
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
- 1 Principal accounting policies
(a) Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). In preparing the financial statements the Society follows best practice as laid down in the Statement of Recommended Practice "Accounting and Reporting by Charities" and in the Charities Act 2011 regulations.
(b) Incoming Resources
Income is accounted for in the period in which the Society is entitled to receipt as far as it can be determined.
(c) Resources expended
Expenditure is included on an accruals basis.
(d) Tangible fixed assets and depreciation
Depreciation on office equipment is 20% on straight line on cost.
Freehold property and improvements thereto are shown at original cost. No depreciation is charged because the economic life of the property is continually extended by regular maintenance and its residual value is in excess of its carrying value.
2 Tangible Fixed Assets
----- Start of picture text -----
|||||
|---|---|---|---|
|COST|
|At|1.10.2021|
|Additions|-|Improvements|
|At 30.9.2022|
|DEPRECIATION|
|At|1.10.2021|&|30.9.2022|
----- End of picture text -----
NET BOOK VALUE
30.9.2022 30.9.2021
----- Start of picture text -----
||||
|---|---|---|
|Freehold|Office|
|Property|Equipment|Total|
|Trinity|Road|
|£|£|£|
|2,769,300|581|2,769,881|
|94,000|.|94,000|
|2,863,300|581|2,863,881|
|-|580|580|
|2,863,300|1|2,863,301|
|2,769,300|1|2,769,301|
----- End of picture text -----
7
THE SOCIETY FOR THE RELIEF OF THE HOMELESS POOR
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022
| 3 | Debtors | 2022 | 2021 |
|---|---|---|---|
| £ | £ | ||
| Board and Lodging fees | 14,142 | 13,308 | |
| Prepayments | - | 1,034 | |
| 14,142 | 14,342 | ||
| 4 | Creditors | 2022 | 2021 |
| £ | Fe | ||
| a) Amounts falling due within one year :- | |||
| Creditors and Accruals | 7,378 | 8,299 | |
| 7,378 | 8,299 |
5 Funds
The unrestricted funds comprise funds available which the Trustees are free to use in accordance with the Society's charitable objects. The bulk of the accumulated funds represent operational property.
- 6 No Trustee is paid any official emolument carrying out their role as Trustee of the Society. However there are necessary architectural, surveying and administration duties that have to be performed to ensure work on the improvements to the property is carried out in a professional manner and accounting records properly maintained as cost effectively as possible. As disclosed to the Charity Commissioners two Trustees are qualified in their professional capacities and the accounts show that they have received reimbursement for their professional work through their consulting business.
8