| CONTENTS | |
|---|---|
| Page | |
| Reference and Administrative details |
|
| Trustees Report | 2-6 |
| Independent Examiner's Report |
|
| Statement of Financial Activities | |
| Balance Sheet | |
| Notes to the Financial Statements | 10-19 |
| Reference | and Administrative Details |
and Administrative Details |
|||
|---|---|---|---|---|---|
| Name ofCharity: | Housing the Homeless Central |
Fund (HHCF) | |||
| Registered | Charity No: | 233254 | |||
| Patrons: | Professor Lord Peter Hennessy | BAPhD | |||
| Alderman SirAndrew Parmley |
PhD | ||||
| Bob Roberts MA MCLIP | |||||
| Trustees: | Elizabeth Rogula - Chair |
||||
| Deputy Keith Bottomley |
|||||
| William H Dove, OBE(Deceased |
December 2021) | ||||
| Deputy Christopher Hayward |
CC | ||||
| Deputy Henry Jones |
|||||
| Colin J Mason | |||||
| Wendy Mead OBECC | |||||
| Ruby Sayed CC | |||||
| Jeremy Simons OBE | |||||
| Tony Zotti MBE | |||||
| Officers: | Frankie Salton-Cox, Clerk to the | Trustees | |||
| Andrew Fuller, Treasurer |
|||||
| Registered | Address: | c/o Redmayne Bentley LLP |
|||
| 346 Crofton Road, Locksbottom, | Kent BR6SNN | ||||
| Stockbrokers: | Redmayne Bentley LLP |
||||
| 346 Crofton Road, Locksbottom, | Kent BR6SNN | ||||
| Bankers: | Virgin Money (Yorkshire Bank | Pic) | |||
| 144-156Kensington High Street, |
London, | WS 7RL | |||
| Independent | Examiner: | Danielle Griffin FCA |
|||
| Moore (South) LLP | |||||
| Priory House, Sydenham Road, |
Guildford | GU1 3RX |
| Unrestdcted | Restricted | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Total | Total | ||||||
| 2022 | 2022 | 2022 | 2021 | ||||||
| Note | 6 | ||||||||
| Incoming Resources From | |||||||||
| Donations and | legacies | 55,019 | 16,000 | 71,019 | 69,590 | ||||
| Other trading | activities | 5,240 | 5.240 | 2,407 | |||||
| investments | 14,654 | 14,654 | 15,217 | ||||||
| Total Incoming | Resources | 74,913 | 16,000 | 90,913 | 87,214 | ||||
| Resources Expended | On | ||||||||
| Raising funds | 9,829 | 9,829 | 8,267 | ||||||
| Charitable activities |
44,071 | 15,786 | 59,857 | 77,985 | |||||
| Other | 4,416 | 4,416 | 4,350 | ||||||
| 58,316 | 15,786 | 74,102 | 90,602 | ||||||
| Total | 16,597 | 214 | 16,811 | (3,388) | |||||
| Net realised / | unrealised | gains / (losses) | |||||||
| on investments | 11 | 21,525 | 21,525 | 61,005 | |||||
| Net incoming | resources | ||||||||
| for the year | 38,122 | 214 | 38,336 | 57,617 | |||||
| Net Movement | in Funds | 38,122 | 214 | 38,336 | 57,617 | ||||
| Reconciliation | ofFunds | ||||||||
| Fund balances | brought | forward | 417,101 | 4,835 | 421,936 | 364,319 | |||
| Fund Balances Gamed | Forward | 15 | 455,223 | 5,049 | 460,272 | 421,936 |
| Unrestricted | Restricted | ||||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Total | Total | ||||
| 2022 | 2022 | 2022 | 2021 | ||||
| 6 | 6 | 6 | |||||
| Fundraising | income | 5,240 | 5,240 | 2,407 | |||
| 5,240 | 5,240 | 2,407 | |||||
| In 2021 there was no restricted | fundraising | income. | |||||
| Investment | Income | ||||||
| Unrestricted | Restricted | ||||||
| Funds | Funds | Total | Total | ||||
| 2022 6 |
2022 f |
2022 6 |
2021f | ||||
| Dividends | and interest | 14,454 | 14,454 | 15,066 | |||
| Helpcard | income | 200 | 200 | 151 | |||
| 14,654 | 14,654 | 15,217 |
| Raising F | unds | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| Funds | Funds | Total | Total | |||
| 2022 | 2022f | 2022f | 2021f | |||
| Investment | manager's | fee | 3,792 | 3,792 | 2,211 | |
| Support costs (Note 8) | 6,037 | 6,037 | 6,056 | |||
| 9,829 | 9,829 | 8,267 |
| Unrestricted | Restricted | |||||
|---|---|---|---|---|---|---|
| Funds | Funds | Total | Total | |||
| 2022 f |
2022 f |
2022f | 2021f | |||
| Grants | to Institutions | (Note 9) | 37,432 | 16,386 | 53,818 | 71,928 |
| Support | costs (Note | 8) | 6,039 | 6,039 | 6,057 | |
| 43,471 | 16,386 | 59,857 | 77,985 |
| Other Costs | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| Funds | Funds | Total | Total | |||
| 2022 f |
2022 f |
2022f | 2021f | |||
| Independent | Examiner's | fee | 1,416 | 1,416 | 1,350 | |
| Honorarium | 3,000 | 3,000 | 3,000 | |||
| 4,416 | 4,416 | 4,350 |
| Grants to Institutions | 2022 | ||
|---|---|---|---|
| ARA | 150 | ||
| Bench Outreach | 200 | ||
| BHT Sussex | 185 | ||
| Cambridgeshire County |
Council | 280 | |
| Change Grow Live | 200 | ||
| Citizens Advice Halton | 2,525 | ||
| City ofLondon | 250 | ||
| Clarion Housing Going |
Forward | 880 | |
| Connections at St Marlins |
200 | ||
| First Choice Carpets 8 | Beds | 250 | |
| Framework Housing Association |
250 | ||
| HM Paymaster General |
150 | ||
| Live West Limited | 4,515 | ||
| LLAMAU | 4,480 | ||
| London Borough ofBexley | 1,010 | ||
| London Borough ofHackney | 230 | ||
| Newman Youth Community |
1,050 | ||
| Norns Agency | 120 | ||
| Oxleas NHS Foundation | Trust | 300 | |
| Path West in HPFT | 400 | ||
| POBL | 420 | ||
| SHAP Ltd | 800 | ||
| Single Homeless Project |
200 | ||
| StJohn the Evangelist | Brownswood | Park | 190 |
| St Michael's Fellowship |
1,677 | ||
| St Mungo's | 23,873 | ||
| Stand Out Programmes | 1,175 | ||
| Thames Reach | 4,797 | ||
| The Passage | 370 | ||
| The Wallich | 3,075 | ||
| Two Saints | 1,400 | ||
| Grants made in year |
55,602 | ||
| Grants written back re 2020/21 | (1,080) | ||
| Grants written back in year | (704) | ||
| 53,818 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| 6 | 6 | |||||
| Salaries | 15,000 | 15,000 | ||||
| Employers | National | Insurance | contributions | |||
| 15,000 | 15,000 | |||||
| Number | Number | |||||
| Average | number of | employees |
| ixed Asset Investments | ||||
|---|---|---|---|---|
| 2022 6 |
2021f | |||
| UK Quoted Investments: | ||||
| Market value at 1st April | 2021 | 402,582 | 350,235 | |
| Additions | 26,207 | 59,665 | ||
| Disposals | (19,416) | (68,324) | ||
| Net realised/unrealised | investment | (losses) fgains | 21,525 | 61,006 |
| Market value at 31st March 2022 | 430,898 | 402,582 | ||
| Cash held by Investment | Manager | 10,694 | ||
| 431,009 | 413,276 | |||
| Historical cost or value ofgilt at | ||||
| 31st March 2022 | 350,908 | 340,662 |
| 11. | Fixed Asset Investments | Fixed Asset Investments | (cont.) | |||
|---|---|---|---|---|---|---|
| The following investments |
are held: | |||||
| Market | Market | |||||
| Holding | Value | Value | ||||
| 2022 | 2022 | 2021 | ||||
| 5 | 6 | 6 | ||||
| Dunedin Inc Growth |
Inv Trust | 2,480 | 7,490 | |||
| 7%%Standard Chartered |
Prefs | 23,000 | 28,520 | 28,865 | ||
| M&G Securities Charibond | 28,000 | 33,048 | 34,586 | |||
| Ciiy Merchants High |
Yield | Trust | 15,200 | 27,360 | 28,881 | |
| Helpcards | 11 | 11 | 11 | |||
| HICL Infrastructure | 16,500 | 29,370 | 27,225 | |||
| COIF Charity Funds | 13,354 | 36,189 | 32,789 | |||
| Schroders Charity Equity |
8,069 | 36,998 | 31,995 | |||
| Retail Charity Bonds | 4.375%2021 | Nil | 10,369 | |||
| Places for People Finance | 4,25% | 25,000 | 25,625 | 26,000 | ||
| Primary Health Properties |
18,500 | 27,436 | 27,417 | |||
| Tritax Big BoxReit | 12,400 | 29,983 | 29,522 | |||
| 3i Infrastructure | 4,155 | 14,439 | 12,320 | |||
| John Laing Environ Asset | Group | 15,700 | 17,710 | 17,584 | ||
| Valu-Tree Investment | Management | 12,947 | 22,923 | 20,580 | ||
| Baillie Gliford &Co | 9,643 | 14,629 | 12,913 | |||
| Finsbury Growth &Income |
Trust | 2,250 | 18,743 | 19,395 | ||
| Fundsmith LLP |
13,976 | 23,775 | 21,310 | |||
| Aegon Asset Management | 19,080 | 20,799 | 20,820 | |||
| JPM Asia Growth & | Income | 1,840 | 7,084 | |||
| Tritax Eurobox Pic | 8,300 | 8,766 | ||||
| 430,898 | 402,582 | |||||
| 12. | Debtom | |||||
| 2022 | 2021 | |||||
| Other debtors | 1,446 | 1,545 | ||||
| Accrued income | 14,000 | |||||
| 15,446 | 1,545 | |||||
| 13. | Creditors: amounts | falling due within one year | ||||
| 2022 | 2021 | |||||
| 6 | 6 | |||||
| Taxation and social | security | 600 | 600 | |||
| Accruals and deferred income | 1,703 | 2,782 | ||||
| 2,303 | 3,382 |
| Deferred | income | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| 6 | ||||
| Deferred | income | b/fwd | 1,432 | 722 |
| Deferred | income | in year | (1,200) | 710 |
| Deferred | income | c/fwd | 232 | 1,432 |
| Funds | ||||||
|---|---|---|---|---|---|---|
| Realised/ | ||||||
| Opening | Unrealised | Closing | ||||
| Balance | IncomeExpenditure | Losses | Balance | |||
| F | 6 | 8 | 6 | 6 | ||
| General | 3,901 | 74,913 | (58,316) | 20,498 | ||
| Designated | ||||||
| - Gift ofShares | 280,068 | 21,525 | 301,593 | |||
| —Legacies and in | ||||||
| Memoriam | funds | 133,132 | 133,132 | |||
| 413,200 | 21,525 | 434,725 | ||||
| Total Unrestricted | 417,101 | 74,913 | (58,316) | 21,525 | 455,223 | |
| Restricted | 4,835 | 16,000 | (15,786) | 5,049 | ||
| Total Funds | 421,936 | 90,913 | (74,102) | 21,525 | 460,272 |
| Funds for th | e year ende | d 31March 2021 | ||||
|---|---|---|---|---|---|---|
| Realisedl | ||||||
| Opening | Unrealised | Closing | ||||
| Balance 8 |
IncomeExpenditure 6 |
Losses f |
Balance 6 |
|||
| General | 10,624 | 80,214 | (86,937) | 3,901 | ||
| Designated | ||||||
| -Gift ofShares | 219,063 | 61,005 | 280,068 | |||
| —Legades and in | ||||||
| Memoriam | funds | 133,132 | 133,132 | |||
| 352,195 | 61,005 | 413,200 | ||||
| Total Unrestricted | 362,819 | 80,214 | (86,937) | 61,005 | 417,101 | |
| Restricted | 1,500 | 7,000 | (3,665) | 4,835 | ||
| Total Funds | 364,319 | 87,214 | (90,602) | 61,005 | 421,936 |
| Other | |||||
|---|---|---|---|---|---|
| Investments 6 |
Assets | Totalf | |||
| Restricted Funds | 5,049 | 5,049 | |||
| Unrestricted | Funds | ||||
| General fund | 21,098 | 20,498 | |||
| Gift ofshares | 297,766 | 3,827 | 301,593 | ||
| Legacies and | In Memoriam | Fund | 133,132 | 133,132 | |
| Total Unrestricted | 430,898 | 24,925 | 455,223 | ||
| Total Funds | 430,898 | 29,374 | 460,272 |
| Other | |||||
|---|---|---|---|---|---|
| Investments | Assets | Total | |||
| 6 | 6 | 6 | |||
| Restricted Funds | 4,835 | 4,835 | |||
| Unrestricted | Funds | ||||
| General fund | 3,901 | 3,901 | |||
| GIRofshares | 269,450 | 10,618 | 280,068 | ||
| Legacies and | In Memoriam | Fund | 133,132 | 133,132 | |
| Total Unrestricted | 402,582 | 14,519 | 417,101 | ||
| TotalFunds | 402,582 | 19,354 | 421,936 |