HOU81NG THE HOMELE8S CEIITRAL FUND ANNUALREPORT AND FINANCIAL sfATEMENTS 31st MARCH 2024
Hou¥lngthe TrloMeles5 C•ntraJ FvrKI Forth? 31 M8rthW24 CONTENT8 Rgfwence ond Adminlslrnftvg d8tslL8 Trustoes R8port Indendth Examinerfs sta1wnl of Rnwdal knUvllla8 B8bn¢e Sheet 10- 19
Hwslng th¥ lknmo1os3 Cantral Fund Tru6taas' Report forthe yr ondgd 31 March 2024 Rehrence andAdminlstrative Detai18 HI%1ng tho H(yndess CorlAI Fund (HHCF) RoglgteTod Chwily 233254 Patron•: Professor Petsr H8nn898y BAPhD SlrAndraw ParneY PhD Bob Rob1 PAA MCUP TnJsl. Elizab&th R(yd8- Chslr KeHh BDttomiey chrf9toph8rHaVard Henry Jone8 IrtBE Colln J Mason Wendy Mead OBE Fluby Say&1 Jererny Simc3 OBE TonyZIAti MBE Olftcern: Frnnki8 SaMoTrCoy, Cterktothg Trustees Andrew Fu18r. Treasurer Rogjstored Addro&&' o Redmae Benley LLP MortimcoB Htwae. 40 chststh Pou8 Woxl BR5 1DE RedMa Benvay LLP Mr>rttmora Hou4 40 chatsrth Parade. P6tt8 Wood BR5 1DE Bankors: Vlrgln (Yort(shlre B8nk Plc) 7 Gotd Strrf NoTlh8mpton NN1 1EN IndoPondsntExamlngr. MattEW BatherACA MoJTg (Sovth) LLP Sulte 3. Sgcon¢J Floor. Frtgrycourt. 1>21 Hlgh Straal [oT1, GU13DG
Houjlrtg th• Horn Centr41 Fund Ths, R•portforthe ygar endofl 31 Mzrrh What w? do ThB of Ihe dwrity Is to by 8UPPOtlng dg8dv8nlBged dlents are often 18oM¢doTKI In parUvJfar.$upwtlhLwsthtsHreln(YyJofkuigthdrhrn. Ilw ihg¥tre8torln8tilutbn$lrdo wmrr•Jdalh)n.1trThe ln9 for¢hldmn h Inwv8tshèd d¢JmgSticd&nrs or rvlB&ythlp br¢akdovrtK thefcJTGgS OTEYiSDn lj wllh a hFbry ofdNg ordcohd abus& SO cWerrt8 hl}g.1m rwh 81aapw4 rnanysufferiThJfrorn phys1 mental iUng6& W8 do by t98IArvJ 8Tr11 an averdge of appToxlm8t8ty £2LM). mality for es8enW I¥ehOld tiem¥, m8ybaÈ b8d. ao)t. some beddlrvJ. a oker. potsand pBn&. a keYle.a nluowavo. rèrp6roJ. rniture ora fridge. Th888 ttwn8 are n(rt ¢xdy tta1 but asochange an emptyfial into 8(ynething 8homdy. tnaddibonto8t>wiriTrJhJu8thd(ieffls [L¥di Ox88[1WP gwg grants fr)re3senfj doNng and. in eywtional rirolntsn1x5, tr 8nwII vkn8re tht? woukl praywrt imrwrt hoThg]888ngs& Tho redpients. who r£ne 8 wyvlde w range. VAI hA¥a wtth. snd Probation Srt Ww's WdfaTe Agen htrnde88 and sodal aK of wFAth have fegUa%ng pdldès In W8ikJ r1 deal tY vath dlants kxjl tho grartstrjthg vther6 suparvtÈ8 IFrè exp8ndrfurè PTovldè vAth AS we •g a small operation. wherever dm to respond quw to apPInts. thls bg lryartar¢ as clerts, ne8dB are %Ys 9t Is ofkn cntthl In that rnaettknnl 18 by pthdinq Iho foddI for Irxlmdualg tr) # bettor Iffe. More tmp(Ntanly, 11 ¢W¥Y In wevenung tr of¢8rg plans and the c•tapukng of irrfMtJJals iFrto TOth of homel088new arKI dgsppir. The lyWennlmpacilsto vnpTDV8 rmsidBthlytherhpnwthat1hgdents Temafn tt0ed and. In parliwjar, lhosewlwerQ hoTne1¢5s donotTetum to ts stre8t& lft 8dthtrcm. thegTrnts can help dbnts regaln 8eW- and ojnfidenra r( rnUT8 likety th8lbley gthe •pproprfaIenwJ] COT9anO IW in (cyrntum to) wcé1(.JDln tralnwu prDgrarn8 wc0n1nL dl8wpW sbJdg9. stwcture, G0ManCe and Management The Clerktothe TStee3 b emkndfortsvo rWeAk{Spr62d0vérth0 weak) andlg reSPonbIe ftYalllhothoriV¥acbvitie8. Th¥ Glerkls managed byao)mTrttEge ofTru8tees, as listed in th8 pr8vkn seolion ofthls r¢p)Ti ond the Cht1g 8vaiaLletosuwxifhe aetl(a6 when necesw. Thewhoyg Iruslo8 boty meets Ihree orfourtime$ txrye¥r. If n•c89ary. addllob781 meelngs cen b8 C1•. ThoTruBe8 hav8the rthyerkneknl wIN1£to9$ woyldod that Ihgtold nwnberoftnJBteesatMlwne exceth eleven. The inducbon of new tnJ81eeg g¥1 tha conllnulng (tovdopment of IN9tees19 talorod lo e• trust8ets n6gJs dependlng knovAedgo grtd ¢JxpBriwty of ¢hatfli¢¥ 1h9 spgdfi 8aob)rwithin HHCF Tha R{ Fement Pdicy. fhe Comtlalnts PdKy. th9 Connirl-of.IntrcBI Polty. the knvesthnl Poty. th8 8afegu8rdiThJ Pdlcy and Dala PrdectKxJ POW pkn and wdl b& rethed WKI o•J annualty atthe AGM. Al everytlU6tgB megtrt. Ihe HHCF d8c4aratlon of Int8re8ts l¥ brryJghtup a8an erthllom 8nd aded uwn M nao8G6ary. ObJBcllves and Actfvltles Mary Elllson fjded the F5Jnd in 19e4 a TNst 0 wa8 g¥i¥btshedlo 9Dwn th¢ gPErnUon ¢)f tho F. The Fund 18 a regi8tsred charity, No: 233254. The oblects ofthg Fund OB 8etout tn ¢4)nsltulton are dthed to t•: Primgrflytr>e89wth Irbtyl1S aThJ FoUn(lat$ wthredunderthBCharfUss Art1. undÈr th8 Jtsgustrlal arthl ProviderTrt SDleI65 Act 1983. for PrOvlmO housirKJ 8j as60da menitse8 fur per8a)8 of lknlt8d me8n8 89 prod for such peT80n9 as are 1MaSS antJ In parbcutarftxsuth Fomelesg persons #s havo chlklran beTIw lèaMnF aoaorare gxpeclng the birlh of thildren. by financjng ar found#fjw whtrow by guar¥nt¢•4 donatlsTh orlrArK8wIth crvthL¥JtseoJrfty.
HouBing tho Homdoss e•ntral Fund Trust. Rgportforts yoor onded 31 March 2024 Provldlng h¢xJ8n9 and 385oriat8d 8mBnittoB forpw60nsofmIIed mean8 50819h0mS[aB8 and In p8rtkn1oT for 8wh homg1988 pqfBOn8 as ha chlldren betcm 8ch0oHea9 age or 8r8 ¢XP8Glfng fvblrth d tWJre To rtjake anydonatIC ehherln rash or ossals the Tnt¥88 mmydgern eywlent havkng ragard totha si8nor81 purtyJse8 of the FuTrJ. Th8 TTUStees ojnffrm that 1hey have referred to the gutdarthx cantalnad In the Chailty Commlsgtons gener81 guld8nc8 on pubttc ben8ftt wh8n r8NY8wing thg TruBV8 abns and oLlethes and In planning fure 8thltte8 and 8ettlng grant makkng poliw fvthg yew. Tfte th8rtty fij these oblecls g8ngraUy by proc6&slng apFlcatlor from 8odal ora ag8nraes 8UPFrfdng dleDts In need. hardship Bnd dlstress In three categones: Th08e thBt are in danoBr of bglnu thotr l¥)rng8 ¢Y QB89nlial 8uckn a8 gas. electrfdty. wkn. forwont of o liwg hdp from a ¥upwJrtlv8 orugency. Those caiing tr thlklren In Impswert¥)ed draJrn8ncfj8 who n1 baslo essentlal8 b8d9thedthng. u[PenL wann dolhlng and th?Iko. Th089 wfv) have facth scqne personol $¢tba¢k. ¥¥ domeslcuFtsavai. a per]d in prl8cn. Ment Illness. druo4elated PToLlem¥. afJ who bokng encouraged tostsrt agth in a home of Irovfft and need bas 8qLMpmenL WeoffBt suppth to th098 In d•yMtè ng&a ¥NI tk Motto b8ludgemettsl builo bè SsIOnl¢ and helw). C16n Indud YwE¥J people Gornkng cKrtofoare E(derly pwsewtljl famty or frtends orsvhoso arg e>thau&l4d 7c11ms Ldomegllcthreats snd vtolenca l¢olbS and DNg.abu88T8 on rehablilabon wur8es Victlms (¢thgft and ftre VoFking ppopI8 on v8ry hwlncomeB lyjtvkn) f811 intothe povtytr8P cri(mts being Supph)rt byvlcllm &Jpp)rt Schemes S(nglg pargnt h¢wsohokls P8rents chlldren fathg tha dsastwo1thvoe prrte8dlng8 The Fund is orgaDlsed In such away as to avdd heavy adn#Dl8tr8tive C-th0 tharlty haBlusl on8 partlmg employ98 and has no pr8ml888 to m8knts1n. The aim&to have411 Bdmhlgtraltye cosf Indudlng s81. mètbylnvestrrtentlnojmg. thgoblgcuvols lo en¥blo4ll and donatbn8 to us to go diredly b)ffi059 In need. InvBthenf8 hdd ty tho ch¥rlty h8ve baen acquhd In a(x4>rdance th the powern avaRabte to th8 Tn]tstoos. Equality and Diversity The pilmary fUtn of the dlIty Is tha d6trEbvUon of small kndMduBI gnts. mainly fry e8Benl housohold Imp¢J48rlshèd famlll8$ 8fLd ¥taIn aggndv& ollhg 18 soletydetermwied by ne8d:weallocafe tofamlll8s and IndMdu8lsreg8rf1e8s of th8ir8brfity. dlsablty, ho8Kh. 808. geThleT. ethnldty. rnc4 or cnkur. T8llgkn, É•wal tyl8ntslon f%815. Publ1¢ Ben¢fft Tha TDJat885 hava. IhrotyJlHAtt the year. W duo regwd to the Chartty Comm15$1on'$ gUId8n on FIG BrfiL The ch8rfty8 acfiwtN benobfft the pu0 by halplng rrt8at the no8ds of Ihe homele88
Hou8ln9 Htsmeitss Centr81 Fund Tru8tÈts' Raportftsr Iho y•aT •nd•d31 2 8nd lwe of IoBlng thelr hjrnotr. 1 orants rrottè durtno 11]e yoar have m&Je irt fUther9n of ow prfndp]g akn ofwipptsrl(ng suth p8(yl Achlavemwts and Perforrnance Wa have Djrdlnued is&ing arnall grants for 30dal L¥rg ag8ndg1 apw on tshaff o InrNduJ$forfundkngfj&sgntlBI housahofd itsmB. Wealm bj reSp{quICatSnwwh & IGtlleextra finan1 hBlp Is wltsl. Wo heArth8t(K¥8londty home18 pte7th fewbdongin83 JrBa¥kg4 ts tske upaffparY daMIrKl8t[Cjn atvery thort notte an¢J do not even I1t& 8u¢h 88 8 bed. crt bBddlng. pots and pans. etc. Our small gmnls. usualw betrrnen £1CK) STKI £30Q can make a of dlfferen4 Ènd, Ir•Sd. trAn8ft>mi an emptytiat orbed31tlnto a h(¥no at8 ¢xlOol time. The s[glIcant Impart oursrnall grants can have is Illustratsd by th8 corrnngnt nBd9 by Or of our m4 d0[sWhO. #ftarr6LMng 8 dg12lled rpFYYton lwth81rgtWa6SsIth1A. ob8eMd1Fgt°rgtsti rnLKIFfundsare etsle, In totolaAytsn8fonn 8nindMdvafs Ille end, IR c9S•s, m8ko a In thg prewt ¥erydlfficLEIt financkl dlmats, acc8 tOTxJlJk funds15 nve drffirJJlllhBn it Lj to b4 th88mll grants g( ty Hou8lng the Homdess Cwthl Fund 8re •pB eyen mwe important then in Iho pasL The nUMt of Impovellshed IndnAdual6 arWyiTrJ 5ncxeased ew year for the last 12 yfj8TB 8ftd 18St year we saw an In¢ThaB8 of over 12% h) the number ol grants we tssued. Th ¢aTrth Inffotiw dlsproportionaUyaffa¢Xsourd18nts. asthey are pa18vU?efOlncTea6Qts In onergy. food and a(xcffjmodatkJn pri& AB a consequen of and the 15% Inc¥oase kn hrynolg8srw8 la8tyear.teyctthwe wlll be a ft#th9r InGY8 In appHeathxts YW. Wa rannu¥ to ¥Fyly to largw wdanlsatiwj for fivK18 b 8uFport us, tJJi th1$ h08 b9oyng TNyg fjm 0um1 a8 many applicaUon8 #r8 ye wnplex dua lothe increased use of online apptirn. Hu4Yevw. wa h8vo managgd to In¢Tgase the amount Twed crynpared wth lJBtyo8r. Tho TNsiees not8d that. 8lthwgh runnlng CLEts eTQ very ILN¥, tho thBwity wa¥ not oulte tobjlfil Its stated tie(th dInV88tr Inrxma SH operat]r4al costs (See Fkn3nd31 Revlew). Fundralsing A V0Tty offLrfr8181rtg 8v8ntstC placè duFill9 tho yOBr. ou organised byth9 Clrt TrAost ncrtably. Ihe (J•rf( uuanlsed a sponsorod monthkng pers)81 yoga chl6ryg whloh. #Kaudlng gfft ak]. rnlsed an lrnpressfve£1.785. In ad(JIUon. Ihw8wgrathre8 gurnessful Yafflas, whtch ralwj betsveen theTn Q528, PTe8enlatton on hbh pwfufflery. a jigsaw and rneet.ltrTrauthur wenL a sa18 of <kxo1tyl bags and ei8rvg8. arkJ v?rlou8 othgr octiwibes. Tretsdes lora fL4JrJiwng o)nc4rt, ortg)I wlly sthetsule(I for Arxll 2020 wnovnuro b) £232w8re carrted overas defgrTed in(xTh frryn 2022r23. Th¢ Clet. lthng tsken ts deush)n rh)tto rech8dule the o)nc£ki Ihg tidcet buyws ) ask whether they wcxjld the cost of thdr tid(et to be rewnbur8ed. Only on8 wwt-gw r8quested relmbursani( whlistttw donai•d th• ¢xtstofthelr to the chaTIty. ThB lolai ralsod fr(ttn fvnthawng events £5,010 (2m3: £2) [888 L¥$ of £¥20 1%)2W23,. £nTII n8t Inthxftè of £4.6W (2022r23.' £2.W before Ihe alIcutiC of cc¢ts underSORP IFRS 102) 8gc¥Jnd Eoh"on. Pn8 for Future Periods D88pltelh8diffM%Ile8 brtwhtabJutbyglobal tnllumsand Irmas¢dfocrfl eneryyarnl alr0d8 prywty.wÈ bansbla tocanllnu8to gtvecwJruwaJ AslB61yaar, lh MLYO mEKtsalon oJrQerf(a Iho auern¥AupptyL key(¥mwJnertofourannual F4an18. aB fundrnNro. But. the un¢vtsinty4%tMJF Is the wy rthre ol furtdrI itm8kÈ¥ it to knrm In h(Fw rnany wm b8 able to reSp¢d to ty pron a gfant. Huw8Yer. we VIM erKMur give gftnts to vrtw) app5 ants me8b sJxctiir&, albdfora duCed ¥mounl Ilourfimd$ we byw.
Houslng tho Homele88 Central Fund Thwsts•s' Reportforlhg year ond¢d 31 Morth2024 W8 wnltrniBto 8lfflto hava0waperation8ictsxver8d bY]rfstma hojmesothatdl monayrdsad frEXn otherwuns. can golollw In nee& trtl8%%ill conyrwgtobo pfiorty for 20245 snd. we MÈY 94fèty say for fulure yo8. 11 to tnkn$ty wr efforts b) r81se fflclentfvnd$, nlyfrOmTrusts&FtyJr8E10r.tohIpR0pbvthodesmfefy needrsvppOrt. The Clkwlll ende8wNJrlo br¥eth0 numbcf of applicalons rnad9 to larger chaTilJes conth)u¢ to organtse avarietyof emall fimdrai8ing event& In addthon. tho TosyultrnWttofnKK8indlthYJISVndBr th8Gfft twMaln9 a w1oT(ty. aark1 cbI[nUelo hwedtrectcorrfaiAth IheaoerKle8applfft to TItsha8atsYprd b8nafi¢ iienables u8 kn getfo knowtheagendes and enables theagKS to ttterunderstAnd oUrlsu0. 11450 enc4xwag95 fvth8r 8p10n8 to fthaiity. FJWtble. the derkwiry aL80 rnntinue io have dlreLd c<t8¢£V1th theorganlsathns thatmake donatlonsb) Agatn. Iherajs 8 Wtsfobj t¢nert' li m8kes us belt¢r to 8nO tYtnfrYtwwrnt[llylg turfund& Flnanclal Rovlew The tharftyended Ihe ye8rwltha d8fidl on operatlons. beforBn81 1[89d1real1Sed oalnsl(kns98s)on Invesknpnts. of£l805) {2U2WIJ: q17.908}). Tolal Incomofromdonaltonswas slunfflwtyhlglwrttwn 2022123. granlgmno &rteededthat madpthe PTeTrArwsy8ar. These flgures tndud8 Tr8trf(tsd donaltons of £21.500 (2022123: Q5CQ) and Inwrr£d re8lAIAod exlIur8Qf£17.15o (2. £5.274). The resirfthd fvrhy ended thg YWSY[ a bBlance of£6.325 (2022r23: £2275). Totsl in(ne wa8 £96,336 (2022123: £8}. repTesrtIng en InL¥B95e vl 47% 2022r2& Howèver. thls incMleB fhafjnalyèBls d8rtudi Of.000 of(k)nation8 madethouteny rArform&tTh e0d111nS totsHirYJ £21WJ over 8 r$ from two Tw8ts mado h 2W21. Donaborn Tw6ts. Foundatlons and Indivldu8EB Incroad ty £28.380 to £74.729 12022123: £46A89). Average Inccm6 from Trusts. Fwndations and Inrfmduais past S years has bwn £62.5861202212& È&2.318 DNid8nd lrnxjma from Ifstad b)vestm9nts Intte8sed by £644 to £1597 (2022r23: £15> whkh hdpgd to covgrnu)re r)f th9 admlnlslralv8cDSt& Proc80ts fmm lurKlraWng events held thirfng fhB y&ar over 70% hb3herthan tha ormint rdlsod tho pwiov& yew. The tolgl rthd wag £5.QIO {21. QW6). D¢tr m#dB undgrlhg Gift Ald 8thomg of£2.319{21Y22rz3: £861) and tho laxdalmed backfrom HMRC illdudgd a8 t)onatton% The total value ofgTar)ts awardj gmounbj kn6,994 (20221U. £63.2551 ¥n irKrga88 01£13,739. Irwma from th¥eÈttnents thd Mt Ver the earfty8 operallon81 Is Ihe IFUStag< stated obigctiva. Operat40nai wsts (oxdudlng grants ¢wardBd) We £19.885 12022123: £19.881). whll8t Inq)m8 Irorn invgvtmpnts #nd banklntere8twa8 £16,697 {2223.. £16,963k 8188Bgrshctlall thon U)9 pYW8 yaarof£3286 (202V23: £3,928). ThashortFa51 18 COV8Ted bylnccqne from fuThJraWng evgnts. By Iha yOaT.KrfI, A8 a r88uk dnat r8811aed and Ta8[[88d garn8 on InwestlS of £3.102 (2022r2&' loss ol £(44.7551) and a Smler ex(s8s of expendltt]re ov8r In¢ome. the ¢hgW8 totsl fd8 have Inueasel by£2,T67 (2022R3.' dorma8e oflY2.663) from £397.609 0£399,&18. A mjrnber of caiaiiges were made lry the Inv891mBntbiok9r durfI year. mo8Vy wlth]n lh8 fix1 Intet ennI of the Fuydio. to ty anij meot tho charitys Incorna rUIrement of44.5% ( £Ifj.IXID) In o $u8tslnablg way. by divern[[tyd fhe inc(Mne stre8 wtU¥n Ihe portrotso and rU¢Ing over4ellae on lust a handtLA ol ITwesTrnents as wdl 89 try artd pr888Na pIral. Glven tho (*arftys n))JeTatg rfsk mandate ITr whkhthe bn)kertarygtsr¢lJJmslnthu rggion of 445% tomththe requFred pttl0 ylelj of44.5QA, the overall vBiue ofthe pothllois unthad. The majortyofthg chwlty'8 as89ts.93% 88 moosur¢d byrnrkelvdue $8 Jt 31 2QU(95.5%8s a131 M8rth 2023). are repre81 by Ilsbj Insystments sublectto MalI1Ucths.
Houslng tho Homelejs Cenlrnl Fund 7Nst•oN' R4yortforth• wr•nd•d 31 March 2W24 Rer¥9S PollGy Weojnfirm thBllh8 TrBpr¥g¥ ofHw¥ing ts Hom¢kn Crtal FLmd 1810 eIe9888 w 8p8dffi¢ (rf shaBs as a dgdgnated ltal fund. the frnm 4vhich iB to bo used for rnana98m8ntaThY 8flmlnlstralfvJn puwes. Atthe 2023 AGM. trusteeB OrneT thdr Re8eNes 0Th1 r8du¢&g Ihe amount of es3entkg18dmlnlstsUon oxpendittwe to ba Iwl 89 8 mknimLYn In general furY& from 9 months to 4 mcth. Four Mth# antloWt8d 2024125 tn fuftd8 ew8tes10£6W. As at 31 M8rd] 2U24. u85ng thg Iml ol acm l)udgetgd for th %YW25. the tharity tha ofjusl overone 901 OdrrHri¥trafw¢xp?n1fj1Ie In General Fund re8erves (2023:¥0 monlh$l Ilnecessary, fw rarnlnthè de#tetdn Èecalledupcn tomeotvilAI expandiluro. TTlte0, Rosponslbllltles in R•lation to the Fknanclal 8tatèm Th9 th8rtty trust ¥re for prerarfno a truthe ann rtFrf( •KI finantsl 8tal•rt¢nts a0rdOnce with opKable law arNJ Unit8LI lfjwjom AlW1n9 $18n%brdo IUIxtga lfjngthn Gengrnlly Po¥ed A3Unfnu Pratkn). The law to thartll88 trj Engtarl and Wak& Nulras th6 charfty I)teeS Io PTepaTe ftnanclal 81th8tts.forea( year thch fv a trtje and fdr vl8w ofthe 6tè of affalrB ofth• d)8rtty 8nd of InKthng re9jur and 4ppKrxtlon of r8eouTh4 rJ•trthat Kwbj. In thfinancial slatsrnents. ttwtrust888 8rereqLar&l to:
semthe trUdSOndprfrtI•sknthe0p[4lCab1e(rfIe9soRpIFRSl02)-8%M)d Edltljn: state whetw pble &cotIre st8nd8rts hav8 Lwi wbjed to any mater1 dvpariuwthal mu8tt dtsdosaJ aThJ wtyained in th8ffftanclal ¥t8ternrt: prepare theffi[Q8jstatnents on thg gryng ojnrwn b##ts unles8H lnapyqxlatq to presLMllB Ihatts (ffillnu4 In t1r The trLth 8T0 POnsl ¢ lor kuplng Proper aCCQL4rthw Te¢>)Tdg Ihat djxlase 11 re850nablg 8J{eY at 8nylFne th8 THnC[ Fwtxjn ofthB djanty lo Bnable tt7em fo ensuro VJth8 flnarK talernents rnmpIYh th¢ Charilj'es Act 2011. the Ch81ibe5 (Acojunts and Reports) Rulaan5 2CQ8. and Ihe proW6kns ollTruSt1)eIth. TIW 4ffj alw respllIefrX89UaTlgthQo5stsOthQIy and tsng re8sonabb st8pstrtIE F<evention and detscbDn offrJJJ Bnd uknprlrTeguKiribo5. Tr8 trustees we ftjr the matskn( and of tha dity finxl infDrrna gv¥vTnb¥the preparaffon arKI trnTtic oFth8)ItwKi818tat&m8nt& etsit898 on Lo d*gne¢¢ tlbeha ty.
Houslng the Holmle Contral Fund Indep•rOfitExaM1¥ R8POrt lo Ihp Trusts98 ol Houskng the Hryno1o$3 C•rfrnl Fund Rirth6 ye¥reTKled 31 AlaTth 2024 I report to the cJ)artty Intee5 cn my ex8mination oflha ac1¥rrfS oftha thtyforth8 Iw 8ntJBO 31 larth 2024 th Bre eel outon page8 810 lg. R•sponslblKtle8 and baslB of report As the cltarfW8truBtee8 you r88pcnslbigforthg pr8patalknof Ihe aca>unts tn acoJTdancewtth Iha raquirenwnts ofthe ChatheBAct2011 fthe ). I report In rw8dofnry oxanknatton ollho clH1ty8 afjxunts outundw8gctlon 145 dth8 knt S1 In caWng oul my examfftaffon I have frAcAved all the 8w>lcable tlrgjfjons g1 by Ihe Charfty Commlssbn uTrJersBcflan 145(5Xb) DftheArt Independentwam1n•S slat•mw I have wrnptated my examtnation. l ¢>Jnfinn that np materJal matters have o]rne to rny attMUon In Inedion exaffllrtalton me U88 b Iielleve t11 In 8nynMknial ts8p& a(%wnting records Te Ml kept kn Teyd oflhe di8rfty 88 raqiRffjd by 8e¢tion 130 cAth8AGt the 8(#)yJrtsdo notcornptywlth Ihe wdlrable requtTer1nl•¢0nCrdr¥j thg foTh ond eantsntor arL¢xJnl8 $81 out It? thg Ch8rlll8s (A¢ and Repryts) ROgaon5 2008 any r8qutramgnlthatthe acwjnts glve a'tNgand faIrviethIth is not8 mattèT cOrdred a¥ part of an IndepBndenl gxarnlnatlon. I hav8 8n(J have c(JMeacross OIern38r81nOY8CI1On th08xam1na0c towhlch altention ah0d bB dralvn tn IhÉ8 raportkn orferto en&bl8a wop8rund8rntanding of Iho accounts tob8 M¥tthaw B3therACA MoDf8{S¢ulh) LLP Su#0 3, Sewnd Roor Frtwy Court 1&21 Hlgh Street Gulklford GU13DG Date: 2210712024
HouBlng Hom•l688 Cwtr81 Fund St8temeTrtofFIMn¢knl AthAtt•s Fund8 21y24 Funds 2024 Icomlng R•8ourcesFrom 53229 010 16.597 21.SXJ 74.729 8.010 18,597 46,369 Olwtradlng ac1¢¥ 15853 Totsl IncmIng ReU 74.836 21.K 96A38 65.228 R8lstnu fuTrJs 9.331 69,317 65.685 17.450 83.135 79.751 17.450 97201 83.138 {4.9t6) {8fj6) (17,908) Net reai8edJ unrnallÉèd galns l Qosses) on ]rNO6trnent8 11 1102 3.102 {44,755) Net incom1 re80ufc4B forlh• yar (1,813) 4.050 2.237 ie1fj63) Mst M0M*r¢t In Funds (1.813} 2,237 I663) RencIlIatIon of Funds Fund balar broughiforward 395,334 1275 397.009 460272 15 89321 6225 399A46 397.60 The pages 10- 19 fomi partof¥Ksefir¢2ncfal stetw.
Hou8itig th• Hoffl•less C•ntral Fund 8alanco Sh8otas at 31$t Mar¥h 2024 Flxud A59&ts 11 372207 377.41x1 Curront A8s6ts 12 8.529 14K070 Ca8h albankaThl In hand 22.699 LI]1104 ¥mounts fvlllng duè wIlhln on• yvr 13 (2.16L)) {2R90) M•t CurrwntAss•ts .846 39109 Fund5 Lkrestrlcted fun(14 Restrfded turKI8 15 15 393A21 395A3¢ 2275 399.846 397.e09 T ¥lalgmgnl3were 8M)mved lrytho ThJsts95 on......... ........ ....... ........ The note8 on w98 10- 19 fcrfm pwt ofttwse ffinanclAI 8iatem8nts.
Hou51ngllw Homd•ss ctraI Fund Nota3 totho F111 StAt•mont• Forth•yoor•nd•d 31 2 ThB chartty 18 govemed by a TriL%t DBpd &xroTetsd on 31 January 1964, and arrended 1 October 2006. Tho chaFty wa¥ reglsTed with the Chartty Commission on 4 Wrch 1994. Isle number 233254. The addr oflhe Itar8d dfic8 [8 L4van In IF R•ferenand Admlnl8lrofjve gtven on page 1 ofthesefmancial statem Th6 Cha ¢¢019 a wISIGbeneffla% 08ftned by FRS101 Th8 n3twaofthechorW$oFeralron8Bnd admbes Isto allwats FYWOrty by8UFFl>ing dlenls who are disadvanf8gEd, 1801ate(l and wlrwablo. kn partlwlar" those moving frorn the St orinstilutTh3 irdo hrlg. those vJFk) are In Lsanger ofknsiry thelr home& thjse carfng fur thlldTen In lny0vorfdd clrcaNntstsnc8S: 8ThY ltha wJfffjTod ¥QTllV rsonal tback Basls ol Pr•paratlo Th8 flmnclal siatements h8v8 b88n PTepBrBd In#crnlance th Acwunuw * ReporUn9 by ChBrQio3: Sla1em¢ntR¢Comrn8ndOd PTrctl¢B aPplb]BlOarIe3 praparfnglhgiFaLKthtnts in BBcurdyn Vth Ihg Hnandal Raporting Stondwd 8F?1 in the UK 8N1 Ryb1¢ of Ireknd (FR81LY21 swd Edloon, the FIn81 Reporbng Standard 4JF4k>blè In tha Unll8d lQngcln and Repvwc of (FRS1021 th¢ CF7aT£lks Act W11. Sootlon 1 Th8 fr]anc481 ststements are ppard on a wing D)n¢em b¥sl8 uNler thg t1styl1 ¥t nvtiOn rn0th118d to Indudo Cartain Itom8 at fgir valua. The llnanual 8mgFts are Prepar In 6tsrf1nll wfrjth [8 tho fundon81 currwry. 8nd hava b8en rounded bj Itta neargst pour¥l. l incom9 reS)ur¥ org In¢luda in the Statsment of Fin8ncieF Actit (SOFA) vthpn thg aty18 legaly¢ntiUed tothe irwrn4 lh3 ama]nt on b& rdlabw and it 13 wobaile Ifolthe Ins>)moth111 borg¢awI. Inc£mo rK4v•L& from Thra181n9 aventh Is when the event has knken pjace. or there 18 no of tha omujnt paid. Bm(Krt8 faGelved In advance aro wwluded 1n def¢rr¢d kncomB. Gift 18 nL1j In the perfol ts d(aon tt rebtes to Was receId. kavthentlnoyno 1$ rauhJniSl in the perk 1he Cha1& entiued to recglpL Expondkn Rerognilion 1 oxp8ndlWr¢ Is ¢¢>wntsd tr on an 8¢cru bas18 Is Indu4vo of Irtgcov8rth VAT. Ew(lltyre16 reccgnknJ wer8 theTè Ts a legal ¢X rCtIve ob9311D to rn8kg p8yments to thlrd partw. It L8 wob8bl$ trat tre 6elUement be r9qlld lh¥ owalw bo meawrèd rellalsy. Expanthlwe on rnlalng hdudeg *]Y8s1M njargggts f998 rfjfaling kn lh• marmgrnt 10
Houslng the Homeless C¢ntral Fund Motss tolhÈ Flnanthl Statments Forth¢ >wonded 31 Alwrh 2024 ACcowry Polld88 (¢ontlnued) Expendlluro Recognlllon (¢onUnved) EynthbJreon thatltabieacllvHEaslnckKlgSgt8ntsthTBJevaDt8UPPryt(t8 ar g)vemanG8 Grants ereth8rg8d In th8y8th8y aT8 apwuwj forpo5r Noorantsarg defw•a. Olh¢r EdudeS 8U 8¥perMlrbJTr that18 netthwrelat8d lo l8[na fvThYs the rknvlty nor partof it8 eXP6ndibJreon chaTltabla BcMI8&. AllOcrn vfSupportCosfB Support G09ts aro ftmL#lon8 B¥818t tho warf( of lh8 charfty. but do not dIrllY Undertake charflobie a¢fjviUes. SUFWE 8ts indudo 8818rie8 al 8dminl8trath bxpense8. Thgse ¢osts have been èllocaw betWn tyxtof and tharitable athl. Th8 baseson whl¢h supwi o)319 huvc bEen aljvcsled Set outin IM)te & Investrftenls 8r8 rwned Enltlaly at rAXt vjhlth Is nomiaKy the tr3nsacfj¢)n prtce 1688 trans8cUon ExJ8ts. SubsBqugnUy ihay are meastwed at mId-mat value YAth thanges rswjéd as notr•allsgd ry unre4bod galns or10 cn Inveslthrts Irr the 8oFA D•btOT8 DebtOJs aro recorded at $9tt1wngntamcwntdug alerwtradg dl8cwnls. ¢h at Bpnk HaRd Ca8h ai bank and ITr hand Inoludes (ssh 3nd 81bJrt tsnn hfghly Invastments wilh lhorl rnrtty ofthreg month6 or less from thgda18 of&xwt8tt1 oflhe deF(dor£imll8r Grwf]IoT8 8Te Y8cognls&l vthen thg has o pEsgnt oL1looon from past avents and con be rneasured sx gsumalod ably. Cr&Atorn are reccJnl8ed at 1heir 8elU8nWt m¢yJnts. Flnanclal Instrumgnts Thetnjgtty h8$ ffnancaal 288ets andllnanelal Ilab1hS0faklnd fhal qfyaS bgslcflnanclal Instnjments. Baslc finandal Instrum8nts Inlti• rBcwn159d al va5ue Bubwuentjy measured atth8]r sthmenl value. Fuhds UttTeststbJ fvnd¥ thpt CBn be LEBed In aCTordan(a wlh tha Chathab ob59Llsat U)9 thgCtFUon of thp TnJ8tee8. tle8lgrnknJ reseN83 nls? of uryostytoba reseT4 whlch hava baen 88t at tha dTscretJn of the tnJ$iw to b8 held 8$ Inv&%tmrt¥. The Irtwne deriyed È8 u8ed tocover Ihe arfw9adrnlnl8tratl fxist8 artha b81ants forthwiloblv pvrpo3c¥. Re5tr1ct8d fvnds are fvndts that can onty b8 used for p3rbcular re5tricknJ pu tho oblectsofthe thartty. Re8trldlon88rf$ovthen bythÈ dOr¥JrorWh fund8 avg raie8d pathajfwrostslded pvrNBe8.
Hguslng th• HOM•1 G•Thtral Fund Nots8to tha FIn131 Staknnts A¢¢owntlHg Poycles (nue In thg ofthg ¢Irff¥blO c8 acc4}ting th8 Trustees are requlred to moke judgements, e8llrnate8 and assufftpt 81JJul the cTnU amount of 8ssets ¥nd IlabllttB9 It aT8 ncrt readity aFpaTent from ijther 80urc88. Th8 OBtimate8 sftd a880dated &%8vmpkn8 $ bed on hlstorl(l eKperien(£ and olherfaCl Itt we i¥)rBldern¢ to bo rel6vtt. AfAu81 jIts may dfran thes8 eslmth. Tho esymotes and ut)Jellylng assurnpuorts are TeWed on cfigoing bM8. ReMBiCrn to ac0JL1)ng ostime8 8re re¢ognl8ed In Ihe perlod whlth thg estimate i¥ rFvwJ Ihe I1$1)n 4ffe¢ts only Ih8t 101. cf in the pertod rrf tho and future pwiod8 tter0 Ihe rovBkn 8lfect8 Quentand futUTQ perft>Js. DonDItDn• arKI L•gWqs Funds Funds Ttrtal Donath)ns 512 21,SJO 74.729 46,369 In 2023 Iherg wcra rthtcted donations of£2, Oth•rlradlng xtl¥lll8s Uttr4$trTcted R&strlct•d Funds Funds 2024 Total 2023 Fundra Irme 5.010 5.010 1908 5.010 5P10 19C In 2023th8Te wa8 no re8lricknl thJTrJra161ro Inco. In¥48tmBrA Ince Funds Tofal 2D23 Dmdents and Irrte]E8t Helpwd incorne 1&388 16.388 15,744 16A97 15.963 In 20 was M restricted Investment InoJm& 12
Houslng the Homel888 ¢entrnl Fund Notes toth• Flnanclal Statamants ForlhoyEarendod 31 2024 Rthkng Funds Fund$ 2024 Totsl 2024 2024 2023 Invgstrngnt man6 fge Supt¥Jrtvtsts {Nots 8) Fundlthkng w518 3.046 8,140 6.140 6XJ62 9.331 Ch8rftsbl• Actlvttl Unrestrfcled Restrfcted Fund6 Funds 2024 Tofol 20Z4 Grantsto In815hNons {N(I9 9} SUp[rats (Nots e) 59.544 6.141 17,450 76,994 83.255 0,141 6.062 6&685 17,450 83,135 B9,317 In 2023 th8rnwerB reld grBntspaKI toln81ikrt&Thtot8lling£5274. Oth•rCosts Unrestricled Rèstricted Funds Funds Yotsl 207J IrKlependent Exarntn8rf8f8& HonDMAum 1.4 3,OiK) 3.OC¥) Th88e oth8rc09ts Tepresentthe 9mn¢t< ofthe chadty. Support C¢sts 151ng Chjrftable Fund> Acllvltles Bas15 of Tolal Allomtton 8darfe8 6.(1 12+ llmg Spgnt 141 281 Tlm88p8nt 140 6,140 6.141 12.281 13
HouBlng tho Hml•s• Central Fund Notsstothe FthBn¢lal Statements Grwtsto In4t1ti Andovar CTisl& Centie Bexley Outreach 8ex(ey Coun1 Cthwlnl CllkeM Halky) CTty of Edlnbuty Cty ofLcYxkn HoUng Fawrd Comrnunity Unks Tearn tlevdwrg Fleath Independerrt HM PPS 750 1,21S 2229 0.703 4240 60D 500 770 LLAMAU LCdOn Borough ofH#dm NafTrJnÈl P[ObatN SeNice Nuwmsn YoLrth Conynunlty Open Door3 HOtrtOn Stsxjal Se¢8$ Paupt• PofontlBI P099Wlllag POBL 150 30D 350 17.714 235 2.7OD IOA74 215 450 20.428 Redthread Youth Slngle Flcffis8 Proiect Swth Camwire stMsth8 Fel1¢X¥8htr Sf mun stand Out PmllMimos T951 Valley Tham88 Reath ThB ConnoGUons Ttrt8 Pawe Th8 PoaF48& RaeoverylknJact Th8W811tch Turn Pdnl TVBC Two &nts 600 loo 200 100 1.980 Grants made kn year 78333 GrBntswrfit&) bad( In yew (1?39) 76.994 m¥¢rJte thatfhe amount$pKd the ag¥in8teath agowfj¥theaggregats ofa nUr0r OF indivL1 gt3ntswhlch are. on awag8. 0pprOn¥t8ty£2. 44
Hoyslng fhe Homelgss Cethl Fund Ntrl88 toth Flnanetsl Slo1om•nts FOrth•yeW8nd 34 Mareh 2tr44 Remynw#tlon Saarfes Employer¥ Netlongj In$Wan oontslbullon$ 15.CQO 15.000 1&000 16.000 ANw8ge Thjmbw olem0ye¢8 NOnP[CY ¢am ovar£80.000 P023: £60.OCK¢l Duriry thg yw the treasuror Te¢elv8d 4r¢ IMorlum pfjymonl 01 £3.000 pw6: £3.ODOI dud8d wjlhln 1818rfe Noemok]ments are pa b) any of th8 trusts6s [2. £NII). No8w8es hava bew pafd to the truslees (2023: £Nill ql. Flxgd As•Bt Invlslments UKQJotgd In¥0th. m8rk&vaI al 18tAwil 223 Addtkn$ DlspL¥safs Net w1188dlunr8allBe(I wNe8lmerrt 005SeBII gaine 377.4(Xl 51.231 (59.5%Y) 3.12 (4743) (44.755) M8thtV8lu8 at318t h4erch 2024 372.207 377.400 Cath l)eld by In¥881rynl VEnag8r 10.WII 383.1 381985 HIstr*1 Ct orv•@ Of at 31st Mar¢h 2024 350.826 15
Ho[n9 tho Homelem Ceafrol Fund Fortho y•ar•nd8d 31 Mar¢h2024 11. Thg lrbythth hdd: WJldJng Value 2024 Valu• Dunedln InoGrowth InvTruBI 7%% Sfarthrd Chartgred Prof8 M&G SecvrfU66 ChaMbr)nd Inve8co Bond Income Plu8 Hglpcards HIGL Intr¥strurture COIF Chthty Fun¢ts Sthr&J8r8 CharityEqufty P]8¥ fty Pwle Flnancg4.25% Primary Htth PrcperUe8 Tritsx Blu Box Relt 31 knfrnslnKture John Lalng EnrOn AssgtGroup ValuryTrac Inveskngnt MJnagem8nt 8aillie Gifford & Co nsbury Grawlh & InoTh Trtt Fund8rnlth LLP A8gon AsE JPM Asia Growlh & IncunE Tritsx Eumbox &Sham Tl Pl¢ London Power P UK Govt4.5% Dec %M2 Twgnty Fcur Dynwn*BorKI 8.919 23.978 19,879 25,296 11 13.904 Z2.199 37.401 7.130 18.000 15,200 30,674 24,4 11 25J75 33.989 30272 24.888 11.838 17,348 13,005 18.777 21M4 14,851 20250 23.849 18244 6.826 5.022 11.IA)O 11.NJO 12.400 4.105 15.700 12.947 9,643 10.781 19A93 13.508 14.711 16.72 16,384 19.440 26,998 19.217 F,403 4.S)7 15.163 10.899 9.314 17.010 13.976 190 1.840 0.000 9.000 175 377.4N) 12 Debtor¥ 2023 otherd8btor¥ 1A29 7.0 I74 8.529 1& Credltorn." BmountsfaD]r¥ thJ• wlthln on• y•r 21b24 2D23 T8Xation 8nd 80aal 8ecunty 6(Kl 1.790 2,1 2090 16
Houslng the Hom6lAs8 Central Fund Notrs totho Fkn3nCl Sfat6Jnents Fortho yOW07H19d 31 Mvch 2024 1& DefeTr•¢l Income 20Z4 2023 uttw tnthe y88r Deteed Income In (302) 70 Dolarrwl Income eJtth Defwed Incon of£302 brwghtfoThYard frcm 2ty22r23 Iwludod £70 ¢olEectsd foT a fvndraisfng event sthlch took Vace in Apnl 202& and tickgt galgs of£232 for a fvndr8t8lno corttL 0riginaTty8thed(rfed April 2020 buldefoTf8d dug lo Ihg thd-19 pandgJnlo Tho Clerk. hn9 tskgn th¥ dBCFBion notto rw(Ikedul8 the conrAtL cxJntact8d tha Idret buyers to a6k wheiher theywauld likè Iha ctst of thgir ti1 to bg r8imbur88d. Orty on8 COnrrt-Q( requestgd ralmburg8nL whtsl th8 M8ng Egvon drmtsd thBeJ# ofthèlrtrekn&to th& ¢1•. 1S Funds Reall$edV OpgTrin8 UnTeB]Ised Ct06kng Balanc• Intom•ExwWtturt Losses Balanc• General 53fj4 74,836 (79.751) De8tgnthd -orftof Sh8re8 -Legacie8 and In McTlIaTn fund8 256we 3,11Y2 2549¢10 133.132 1&3.132 38970 74.836 (79.751) 1102 393,072 395W4 74*36 (79,751) 3,12 3521 Rg¥ffictod 2,275 21.5UO (17ISQ) 6R26 Totsl 397,609 96.336 (97.21)1) 3,12 399.846 17
Houslng th• Cwthl Fund Noieslothe Flnanclal Ststomonts 15. Fund6 forthg yren(lod 31 VIGh 2tr13 Openl unreaE9d Closing Balwe In¢om•ExpgndlhJr• Las& BalHnro Gwwral 62.728 (77.862) 5264 - Glft ot&tarB5 - Legaries ar in M8rn0rfam fund8 3015 (¢U.75S) 258.838 1311 133.132 (44.755) 389.970 455223 ff2.728 (77,882) (44.755) 395.334 5.049 2WJ 15.274) 2275 Totsl Funds 460.272 65228 (83.138) (44.75• 397.609 Oe81gnataJ to grf18 of wres and loga13w rgGthI by fhg Chwlty. tthcl) tru¥tsg have ¥)vested lo provth Incornè th41 bE Lwj InallY lo cover Iha chèrlW8 8(kntnl¥ttbn CJ)Sts. wih thÉ balanc£ be(ng a[3 fordirt chaTiIBb18 pknrE¥Jses. Re5trfcbJ f(nds aro tJK6e bjndgwtith hBve been ond wolobo Usedtoodo In a £Fetth to hllK)s9 n need. The nxjnks not Ltsed In arB carrfgd fonvard for fijture u8& 10. Anaty•l¥ pf NgtAs¥•ts b•lwogn Fund$ A$8éts 6A25 Unr8$1rktsd Fund* GBneTri fvrtd Gift of 8here3 LegaL¥esand In Memortam Fund 239.075 133.132 20.865 133.132 Tol81 Unroslrtdad 372207 21.314 393.521 Total Funds 3T2207 27.639 18
Houslng the Homo18ss C8nlral Fund Notss to Ftnan¢lalSl*rnonts F•rlho Y •nd•d 31 March 2024 AnaJy41s of N•tAssgtsbelween Funds {conL) ArAty&i5 gf NotAssets l>etrMTh Funds for thè yearondeil 31 MurGh 2023 lTh¥e•tsn8nts Assalts Tolal Reslrtcled Fund8 2.275 1275 Unrpstrlcted Funits Gun1] knnd Giftof 8hBres LBgade& and In mrfaM Fid 5.384 258.838 131132 q2.570 133,132 Totsl UltrIc 17.934 Total Funds 377.400 209 397.609 17. Ret8ted PartyTransaclloNs 1 Truskn812tr23- None)mod8 d¢)nafrJn8 dvtino the rIotallg£sCI2023- £NII). 19