Registered Charity No. 233254 HOUSING THE HOMELESS CENTRAL FUND ANNUAL REPORT AND FINANCIAL STATEMENTS 31st MARCH 2026
Hou51ng the HI81e3$ Central Fund For thB year ended 31 March 2026 CONTENTS Page Reference and Adminislrative detali s Trustees Report Indepermjent Examinerfs Report Statement of Financtal Activities Balance Sheet Notes to the FinarKial Slatem8nts 10-19
Houslng the Hom818ss Central Fund Trustees. Roport for th8 yoar ended 31 March 2026 Reference and Administrative Details Nam• of ChaTity". Housing the Homeless Central Fund IHHCFI R•glstsr8d Charlty No: 233254 Patrons: Professor Ld Peter Hennessy BA PhD Sir Andrew Parniley PhD Trust•es: Elizaboth Rogula - Cha Ketth Bottomley Christopher Hayward Henry Jones MBE Colin J Mason Wendy Mgad OBE Ruby Sayed Jeremy Simons OBE Tony Zotti MBE Officers: Frankre Saltorkcox, aetk to the Tntstees Andrew Fuller, Treasurer Reglstsred Address: cjo Redmayn& Bentley LLP Morbmore Hcmjse, 40 Chatsworth Parade. P8tts WOCKI BR5 1DE stockbrokers: Redmayne Benuey LLP Morhmore House. 40 Chatsworth Parade. Petts W(xJY BR5 1DE Bankers: Virgin Morw (Yorkshire Bank Ple) 177 Bothwell Street. Glasgow G2 7ER Independgnt Examln8r. Matthew Bather ACA Moore {South) LLP City Gates. 24 Southgate. Chlchester, West Sussex P019 8DJ
Housing the HomelS Central Fund Trustees, Report for tho yoar onded 31 Marth 2026 What we do The main aim of th8 tharity is to alleviate by Sukwrting disadvantaged dients who are often )lated and extr8m8tyvulnerabie. In partiujlar, we supp(MtUK)sewho are in danger of losing their homes, Ihose rrK)ving from the street or institutions into accommodation. those caring forchildren in impoverished (arcurnstanrRs and those who have suffered some severe personal setback; this indudes victims of domestic violere or relationship bTeakdowns. those leaving th8 for$ or pri50n and those with a ht( ofdrug or alcohol abuse. Some di8nts have been long-terni n)ugh sleepers. many suffering from physi(xl and nwtal illness. We do this by issuiNJ small grants. an av8 of approxwnately £2fA), malnly for essential hou8eho]d Items; this may b8 a bed. a COL some bedding. a (xx)ker, and pans. a ketue. a micr(Mave. rpets"n9. fiJm[re or a fridge. These items are not only essenlial but rxn also change an empty fiat Into something ore homety. In addition toao]uiring household items forclients, oc(3sionallywe give granL8 forewnbal dDthing and. in exceptional arcjjmstances. for small rent arrears where this would prevent immlrEnt hornele&sness. The r8cipient& who come from a very wide age rdnge. will have been wong wlth. and supwKted by, re(xyJntS8d social welfare agenctes such as Cibzens AdVe Bureau, Houng A5SOtaations. pbal)n Servi(x, Wom8n's Weltare Agencies. homeless ouireach leams and Social Servi(Es. all of which have safeguarding tx)Ircigs in place. We (b not deal directy with dtents but give the grants to th8 key wc¥kers who supervise th8 expendtture and provide us with retsipts. As we are a small operation. wherever possible we aim to resFoThJ quickty to applicants: this can be importanL as dients, needs ar8 freqUenY urgent. Tha aSsIstan we give is often (xucial in erL$Ing that resetuement is $uc¢essful by provÉdwig the foundation for indimduals to build a better Itfe. More imp)rtanUy. it 9S someway in prevenling the collaps6 of care plans and the catspulttng of indmduats into undS of homelessness and despar. The k)ng-temi impact ks to improve o)nsiderably the chances that the dients remain housed and, in particular. those who were horrEless do not retum to the streets. In aydiknon. the grants can help dients regain self- esteem and c[fynfKlen making tt nre likely that they get th8 appropriate medical care and they romain in (or retum to) worK join trainir4J prcgrams (x)ntinue disruptod studies. The support we glve was highlymed in the following regarding a grant we gave for the wrchase of a table and some chairs. The worker emailed us that. really sadly, her dient passed away a few we6ks ago. The ilerns she vrds able to purchase for her flat served 8 really important purpose in her final few weeks of lrfe. She reconnected with family members vtho came to visit her aTKI specifically mentioned how her fflat felt more homely arKI somewhere she was proud to show people. The table and chalrs in particular faalitated more seating room for her daughter. professionals and other family members to spend time wth the dient in her rix)m. All of this played an important role in h8r final few weeks of lrfe and aNowed for some really specia memories for her. structure, Governanco and Managemont The Clerk to the Trustees is employed for iwo days per week (spread over the week) and is responsible for all the charity's activities. The Clerk is managed by a committee of Trustees, as listed in the previous section of this report, and the Chair is available to supp(KE the Clerk as and vthen necessary. The whole trustee body meets three or knjr times per year. If necessary. 8ddition81 meetFngs (xn be called. The Twstees have the FN)wer to e new IStea$ provided that the total number oftrustees at no time exceeds eleven. The induction of new trustees and the continuing davelopwnent of trustees is tsilored to each trustee's needs depending on thelr knowledge and eXPeri8n of charities arKI the spectll¢ sectorwithin which HHCF works. The Risk Manag8Tht Policy. the COMnts Policy. the Confll(A•of-Intsrest Policy. the Investsnent Policy, the Safeguarding Policy and the Data Protection Policy 8re in place and will be reviewed arKI agreed annually at th8 AGM. At every trustee meeting. the HHCF declaration of interests is brought up as 8n agenda item and acted upon rf necessary. Object•ve$ and Activities Mary Ellison founded the Fund in 1964 when a Trust Deed vras established to Lty)vem the operation of the Fund. The Fund is a reoistered charity. No.. 233254.
Housing tha HoTnel05s Central Fund Trustses. Report for tho year ended 31 March 2026 The objects of th& Fund as set (Krt in the constitution are ded8red to be: Primarity to assist such InSti'0nS and Foundations regiSted urKler the Charities Act 1960. and under th8 Industrial and Provident Societies Act 1983, for providing housing and a5SOCtated amentti8s for persons of limited means as provided for such persons as are FK)meless and in particular for such homeless persons as have children below school leaving age orare exp8cting the birth of children. by financing such institutions w foundations whether by guarante8S. dongtions or loans with or wtthout serity. Providing housing and associated amenities for persons of limited means who are homeless and in parhculaf for such homeless persons as have chlldffjn betow school-leaving age or ar8 expe¢ting the Ixrth of childr8n. To make any donation eit1 in cash or assets whlch the Trust8es may deem expedient having regard to the general purposes of the Furnl. The Trust8es confm that they have referred to Ihe guidance contained in the Charity Commissions general guidance on public benefit when reviewing the Trust's aims and objectives a1 in plannirKJ lulure actitIS and settin9 the grant maknng r1¢Y for the year. The charity fulfils these ot4ects generally by processing applications from aciThlited social care agenrjes supporting dients in need. hardship and distress in three categories: Those that are in danger of losing their IK)mes or essential seTvices such as gas, electrity. water, for want ol a little hetp from a supportive friend or agency. Those carng for children in imFK)verished circumstan¢es who need basic essentials such as bèdslbedding. Qking equipment. wann clothing and ts like. Those who have faced some personal setback. such as domestic upheaval. a period in prison. mental illness. drug-related problems- and who are being encouraged lo start again in a home of their own and need basi¢ equipment. We (Ater supwt to Ihose in desperate need and seek not to be judg8mentsl but to be MpaSSIOnate and helpful. Our clients includè: Young people )rning out of care Elderly people without famity or friends whose savings are exhausted Victims of domestic threats and violen Alcohol and Drug-abusers on rehabililOn courses Ex-offenders Victtms of theft and fire Working people on very low irKX)mes but who fall into th& povety trap Clients being supported by Victim Support Schemes Single parent households Parents and children facing the disaster of dkvorc8 proceedings The Fund is organtsed in suth a way as to avoid heavy administrative costs- the charity has just one p8rt t1 &mployee and has no premises to maintsin. The charity aims to have all administralivo costs including salary. met by investment income. the obj8ctrwe is to enable all grants and donalions made to us to go directly to those in need. Investments held by the chartty have been acquired in acixjrdance with the powers availalAe to the Trustees.
Houslng th8 Homelgss Central Fund TThteeS. Report for the year ended 31 March 2026 Equality and Diversity The prlmary function of the charity is the distribLrtion of small indlvidual grants, mainty for essentlal household items. to impoverished families and indNiduals via trusted agencies. AlICtIOn of the grants Is solely detennined by n8ed' we alocate to families and individuals regardl of their8bilty. disabilty, heaSth, age. gender. ethnicty. race or colour. religion. sexual orientation or status. Publlc Benefit The Trustees have. oUghoUt Ihe year. paid due regard to the Charity Commission's guidance on Public Benefit. The ¢hariVs activities benefft the public by helping meet the nee¢Js of the homeless and those in dwger of losing their homes. Ml grants mad8 during the year have been made in furtherance of our prinapal aim of supporting such people. Achievements and Perfornjance We contlnue to issue small grants to social care agencies who apply to us for household essentials on behalf of impoverished individuals who they are supporting. We aim to respond quickly at 8 time when a litlle oxtra financial help is vital. We hear that occasionally homeless people with few belongings are asked to lake up occupancy of ac(x)mmodatÉon at very short notro and they do not even have basic items such as a bed. cot. bedding. pots and pans, etc. Our sm811 grants, usually befvrnen £100 and £300. ran mak8 a worfd of difference and. irmleed, can transfom) an empty flat or bedsit inlo a home at a ctittcal time. The signrficant impact our small grdnls can have. is Illustrated by the comment made by one of our major donors who. after receiving a detaded report on how thoir grant was distsibuled. obseNed that°ralatively modest fvnds are able. in some cases, to totally transfomi an indiwduels lile and, in all casgs. make a GOnSi(tsrable differenc8 to Iheirliving conditiond. In the continuing very diffiwlt financial climate. where ac¢ess to public funds is more d1ffleu than it used to be. the smal grants given by Housing the Pbmeless Central Fund are perhaps even more ImpcKtant than in the past. In parlicular, the current cost of living crisis ContinLs to affe(l our clients. as they are particulaTty vulnerable to increases in energy. food and accommodattiM wices. As a consequeno of this and th8 continued wuease in homdessness, we expect there 11 be an In8888 In applications. We conllnu8 lo app to larger org8nisations forfunds to support us. Some charities lo whom we apply. have had an increase In demand. thus creating more compettt(on and makirrfJ it more dtfficult for us. The Trustees have noted that. alknugh our njnning costs are very low. the charity was not quite abl6 lo fulfil its slated of investment income rA)vering all operational costs although the shorttall was only slightly higher than the prevÉou8 year (see FInCIal Review). Fundraising Avariety of fundraising events took place duriro the year. all organised by the Clerk. In particular, there were iwo succEssful raffles which raised betweon thetn £1.9S7, a vthisky-Lgsling event. a games night and vaTiOUS Other actswties. The total raised from fundraising events was £2,904 {2024125: £3,821)18ss direct costs of £ni1122412s. £75) giving net i1Orne of £2.90412024125.' £3.746) before the allocation of SUPF*)rt o)sts under SORP {FRS 102) Second Edition. Plans for Future Periods We continu8 to be rAJnstrained ty the ongoing unpredthble global priA)lems. which 1nffuen the (x)5t- of-liwng. increasing f(xxl, energy and a0m[noda0n poverty. t)esptte these dthcuttiBs. we have b88n able to continue to give our usual support. The key comrment of annua plan is. as ahvays, raising funds. whlth Indudes a[vIatIonS to grdnt- giving agencies aThJ the small fufKI-Taising events arranged by the derk. However. the huge uncertainty. which isthe very nature ofthecurrent fin8n(aal dimate, makes itimFM)ssible to tn a¢fvance how many
Houslng the Homelèss Central Fund Trust88s' Report forthe year endod 31 March 2026 clients forwhoffl we wll be aEAe to wovtde grants. However. we will endeavour lo give grants to eVerye who applies and meets our cre[la, alb8itfor a reduc£d amount if our fund5 are low. We conts'nue to aim to have our0FrliOnal $ts covered by inveslment income so that all money ralsed from other souros, can go to those in need. However. this will continue to challengwu. The aim for 2026127 will be to raise suff¢ci&rt funds, mainly from Trusts & Foundations, to help people who desperately need our SUPFQrt. The Clerkwill conllnue lo have direct conlactwith the agenci&g applying to us. This has a trfold benefJ¢ it &nables us to get to know the ageThies and enables the agencies to better derStand our operations. It also encourages further applications to the chartly. Wherever possible. the clerk will also continue to have direct contact wih the organtsations that make donalions to us. Again. there ts 8 trf01d benefit: tt makes us better known to them and reinforces our continuing need forfvThYs for 2026127. In 2026. the Trustees Tesolved that. the Charlty Wld ase seeking furtherfunding from TNsts and FoundatM)ns from March 2027 and would mmenCe an orderly sp8nd41own of IFS fvnd8. The Trustees expect this prUSs to be c4)mpieted wtthln IAVO years. 8lthough the exacl will be kept under review. Financial Review The charity ended the yearwilh a deffiL¥t on operation5, before net realisedlunrealised nSI(10Ss8$) on irivestments, of £(5.661) (2024125: £15.103). The Chartvs prirnary source of fund$ is from Donations and total income from this source was weaker compared to 2024125, although it should be noted that 2024r25 induded a 3-year grant totalling £30,000 which. as there were no subslantive restrrcticffts that might prevent future payments. rtyuired us to accrue the full amount in 2024125. These rureS indude restrided donats'ons of £5.500 {2024125: £6.650) and incurred restricted expenditure of £8.371 (2024125: £9.334). The restricted tund ended the year with a balance of £770 (2024125: £3,641). Total income was £79.639 (2024125.. £103.098). representing a de(xease of almost 23% on 2024125. This ts les8 than the average total income over the last 5 years which vrds £88.558. Donations from Trusts. Foundations and d[VIdUal$ cle(xe by £22.619 to £59.417 (2024125: £82.036). Average InMe from Trusts. Foundatlons and individuals over the past 5 years has been £66,377 (2024125: £61.186>. Dwwjend income from listed investmonts and inter8sL irueased by £TI to £17,318 {2024125." £17.241) which hglped to )Ver more of the charitys administrative costs. Proceeds from fundraising events held during the year were 24% bHgr than the amount raised the previous year. The tolal raised was £2.904 (2024125: £3.821). Donations made under the Grft Aid schem8 of £255 (2024125: £785) and the tax daimed back from HMRC are induded as Donalions. The total value ofgrants awarded amounted to £64.436 {2rf24125: £67.365), a decrease of £2,929. Inm8 from investments did cover the charlS operational costs. whth is the Irustees. stated objective. Operational costs (exdu¢Jing grants awarded) were £20.864 {2024125: £20.5551. whilst income from investrn8nts and bank interest was £17.318 (2024125: £17,241): a slightly higher shortfall than the previous yearof£3,546 (2024125- £3.314). Fundraising income of£2.904 (1(w not quite cover this shortfall by £642. By the year-end. as a rosull of net realised and unrealised gains on investmen1$ of £5.984 {2024125'. £16.266)) and 8n operdtional loss. the charis total furKJs have incTrased by £323 (2024125: £8.837) from £408.683 to £409.006 In 2025 trustaes dec¥Je(f to realign the deslgnated fund so that the raTry foThvard balae reflects the valuatton ofthe investments {cash and amounts held in investments) at each year-end. A ReseNe fund was also established which would b8 adjthd annualty to moet the requiiemenls of the trustees Reserves Policy.
Houslng thg Homeless Central Fund Tru81ee$' Rèport for thg year ended 31 March 2026 Th8 tharty's investment portfolio retumed just over 5% in the year to the of March and provided c.£17,000 in income. The portfolio has an inrL)me yeld of 4.74°A and our investment man8ggr remains (x)nfid8nt in the sustainabilty of that income stream. The greatest challenge during our financlal year came in the final month of the period. Mar¢h 2026, due to the outbreak of war bptsveen th6 US and IsTael with Iran. pushing up oil prices and heightening fears over infiation. Consequentty, the value of the portfolio at the erKI of the period remained only slighlly above what rt was a year before at c.£376.000. Given the current ge(v)Ittiral risks. the generally defensive poslure of the portrolio remalns suitaUe. The majority of the charity's 8S5ets. 91Yo as measured by market value as at 31 March 2026 {94% as at 31 March 2025). are reptesented by list8d investments and subjed to stock market Iluctuations. ReseNes Policy We confinn that the reserves pdicy of Housing the Homeless Central Fund 15 to irwest all legacies and specific gifts of shares as a designated capital fund. the income from which Is to b6 used for management and administrati( purposes. The Intee,5 Reserves Policy is to ke8p a minimum of 4 nnthS essential administration expendiluro In general funds. Fr months anticipated expenditure for 2026127 in general funds equates to £7.025. This can be seen in the recently created Reserves fvnd. If necessary, free reserves in the designated Genetal fund and Investment fund can te (xlled upon to meet vft81 expendIre. Golng C41ncem and Planned Wlnd-Down The financlal statements have been prepared on a going conrn basls. Followng a Strateg review, the trustees resolved dwing the year to wnd dob*n the chartvs activities over an anti(xp8ted period of approximately Iwo yeats commenraNJ March 2027. Tho trustees are satisfied that the ch&ity has adequate financtal reSIrceS to continue tt5 planned aclivtbes, meet its liabilities and implement orderly wind-th)wn. A(OrdIng, the trustees (xJn5id8r rf( ap[OPTIate to prep8re the financial 8tatemenls on the going cOn¢M basis. Trustees, Responsibilities in Relation to the Financial Statements The drity trustees are r6s¥xJn5ible for preparing a truslees. annual rewrt and finanLyal ststements in accordanee with applicable law a1 United lfjngjom AnIing S18rds (Untw lQngdom Generalty AtxxpW Aco)unting Practice). The law applicable to charitTes in England and Wales r4uires the charity twstees to prepare financial tements for each year which give 8 true and fair vtew of fv state of affairs of the drity and of the inix)ming resources and apicatiOn of re50urc&s, of the tharity for that p. In preparing the financol slatements. the trustees are required to.. select suitable a(xountiNJ polues and then apply them consistenty. obsetve the methods wjd PTinc4ples in the applicable Charfues SORP {FRS102)-Second Editn. make judgwts and estimates that wo reasonable and pn]d8n¢ state whether applicab ac£ountirvJ slandards have b8en fDifow8d, subj1 to any materTral departures that must be disdfjsed aTrJ explained in the finanual slatemgnts" wepare the ffinancial statements on the going concem basis unless it is inapproprfak to presume that the charity will continue in business. The Iwstees are responsible keeping proper a(wuntitwJ reojrds that dlscfose with reasonable a(racY at any tirn8 the financial ptsition of the charity and lo enable theffl to ensure that the finanaal statements comply with the Charities Act 2011. the ChariÈies {Aco)unts and Reports) Regulations 2008. and the provisions oflhe Trust Lknd. They are atso iesponsible for safeguarding the assets oflh8 dwrity arKI laking reasonab steps f(Y the prevention atKI detection of fraud and other irTegulariti8S.
Houslng thg Homgle85 Central Fund Trustees. Report for tha ygar ended 31 March 2026 The Iwstees are r85portsibl8 for th8 maintenaT¥X and integrity of the charity and finandal Inform8tKJn indudpd on Charity Commi%sion's websrle in accordar¢ce wilh legislation in the Unit8d Kid0M goveming the preparation and dissemination of Ihe financial statements. Approved by Ihe trustees on and signed on thelr behalf ty. Elizabgth Rogula (Chalr)
Housing tho Homeless Central Fund Independent Examinaf8 Report to the Trustgas of Houslng the Hom8less Contral Fund For the year ended 31 March 2026 I report to the charity Iruslees on my examination of the apxounts of the charity for the year ended 31 March 2026 which are Set out on pages 8 to 19. Re8pon8lbllltle8 and basis of roport As the charity's Iruslees you are responsib for the preparation of the accounts in a¢¢ordance with the reqU1ments of the Charities Act 2011 ('the Act.). I report In respect of my examination of the charity's accounts carried out under seclion 145 of the Act and in carying out my examination I have followed all the applicable Directions given by the Charity Commisslon under section 145(5){bl of the Act. Independent &xamIne$ statoment I have completed my examination. I confimi that no material matters have come to my attenllon In connection with the examination giving me cause to believe Ihal in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act or the accounts do not accord with those rewrds; or the accounts do not compty wtth the applicable requirements concemlng the form and content of accounts set out in the Charities IAGcounls and Reports) Regulatlons 2008 other than any requirement that Ihe accounts give a 'true and fair view. which is nol a matter wnsidered as part of an indepeNlenl examination. I have no concerns and have corne a¢ross no other matters in connection wth the examination to which attention should be drawn in this report in order to enatle a proper understanding of Ihe accounts io be reached. NA. &L Pdlatthew Bathor ACA Moore {Southl LLP Chartered Accountants City Gates 24 Southg*e Chichester West Sussex P019 8DJ Date: 05103126
Houslng the HO616$S Central Fund Statement of Flnanclal Athhios Oncludlng Income & Expendlture Ac¢ount) For the year ended 315t March 2026 Unrestrfcted Re5trlctsd Funds Funds 2026 2026 Totsl 2026 Total 2025 Not• Incomlng Rosources From Don8tK)ns and legaci85 Other Ir8ding activities Investments 53.917 5.500 59.417 2.904 17.318 82.036 3.821 17.241 17.318 Total In(x)ming Resources 74.139 5.500 79.639 103.098 Resourcos Expgndgd On Raising furKIs Charilabl& activilies Other 9.864 62.337 9.864 70.708 4.728 9.835 73.522 4.638 8.371 76.929 8.371 85.300 87.995 Total {2.790) {2.8711 (5.661) 15.103 Net realised l unrealised galns l (losses) on investments 11 5,984 (6.266) Net incoming resources for the year 3.194 {2.871) 323 8.837 Net Movement In Funds 3.194 (2.871) 323 8.837 Reconclllatlon of Fund5 Fund balances brought forward 405.042 3.641 408,683 399,846 Fund Balances Cartted Forward 14 408,236 770 409.0 408,683 The tM)tes on pages 10- 19 f(Ym part of these financial statem8nts.
Houslng tho Homeless Central Fund Balance Sheet as at 3161 March 2026 Ntsts Flxed Assets Inveslmenls 11 369.490 367.256 Curront A85ets Debtors Cash at bank and in hand 12 15.015 26.829 21.995 21.670 41.844 43.665 Llabilities. amounts falllng due within one year 13 {2.328) (2.238) Net Current As8¢ts 39.516 41.427 Net Assets 409.006 408,683 Funds 14 G8n8ral fijnds Designated Investments Unrestricted Reserves Restricted funds 24.974 376,237 7,025 770 24,443 373.567 7.032 3,641 409,006 408.683 The finanaal statem8nts were approved by the Trustees on.............. ........ ELIZABEfH ROGULA Chalr The notes on pages 10- 19 forni part of these finanGial statsments. 10
Housing the Homeless Central Fund Notes to the Flnanclal Statemonts For tho ygar onded 31 March 2026 A¢count6ng Pollcles Charlty Status The charity is govemed by a Trust Deed corwleted on 31 January 1964. and amended 1 October 2006. The tharity was gFStered wth the Charity Commission on 4 Mar¢h 1964, registered number233254. The address ofthe register1 Offi is gNen in Reference and Administrative D8tails given on page 1 of these financial stslements. The charity c4)nstitules a public benefrt as defined by FRS102. The nate of charivs operati5 and wincipal activities is to a118viate povety by supplying dients who are disadvantaged, Ésolated and vuln8r8ble, in parti¢wlar; those moving from the streets or inslitutions into housing". those who are in danger of losing their hom8S: those caring for children in impoverished circumstances; and th)se who have suffered some severe personal setbad(. Basls of Preparatlon The financial stslements have boen ePar1 In accordance wilh Ating and Repcrtlng by Charities: Statement of Recommended Practice applicable to charities prepartng their accounts in accordance with the Financial Reporti[ Standard applicable in the UK and Republic of Ireland (FRS1021 Second Editron. the Financial Reporbng Standard app1tble in the United Kingdom and Republ'c of IrelarKI (FRS102). the Charibes Ad 2011. Seckn 1A. The financial statomerrts are prepaTed on a going con(xn basis under the historical cost convention modified to indude certain tlems at fair value. Th8 financial statements are propared in sterling which is the fijnctronal Currency. and have been round8d to the nearest pwnd. Income Rgcognltlon All ino)ming resour$ are induded in the Staiem8nt of Finan31 Activiiies {SoFA) when the charity is legally entitled to the income. the amount be reliabty measured and it is probable that the inc¥)me will b8 received. Donations and other forms of ¥0luntary Income are recognised when re1vable by the tharity. IntxMn8 receivable from fundrdising events is rec(wJnlsed when tha event hastaken pla. orthere is no re(x)urse of the amount paid. amounts recelved In advance are included within deferred income. Gift aid is recognised in the period the donation It relates to was re(eNed. Investment income is recrynised in the period the charity is entitled to recepL ExndItUrft Recognltlon All expenditure is accounted for on an acclS basis and is indusive of irrecoverable VAT. Expenditure is recognrsed where there is a lega or constructive obligation to nydke payments to third parties. it is probabl8 Ihatthe settlament will be reqUId and the obligation ¢an measured r8liably. Expenditure on raising funds includes Investment managerfs fees relating to the management of the investment portfolio. 11
Hou51ng th& Homgless Central Fund Notes to tho Flnanclal Statements For tho year 8nded 31 Mah 2026 Accountlng Poll¢los (contlnued) Expgndlture Recognltlon {¢ontlnuedl Expenditure on charilable actmties incIleS grants with relevant support o)sts and goveman costs. Grants are charged in the year they are approved for P8yinei7t. No grants are deferred. Olher expenditure indudes all exp8ndItU that is neither related to raising funds for the ¢harty nor part of Its experltUre on charftable activities. Allo¢ation of Support Costs Support costs are those functions that assFstthe Mfork ofthe chailty, but do nol reCtlY urtake charitable activities. Support costs indude salaries and administrative expenses. These costs have been allocated belween cost of raising funds and charitable activities. The bases on which support costs have been allocated are set out rK)te 8. Investments Investments are recognised inilialty at cost which is rK)rmallythetransaclion price less transactlon costs. Subsequendy they are measured al mid-market value Wbth chang8$ recognised as net feali5ed OT unrealised gains or h)sse5 on investments in the SOFA. Debtors Debtors are recorded at setuement amount due after any trade discounts. Cash at Bank and in Hand Cash at bank and in hand indudes cash and short tem highly liquid investments with short maturity of three months or less from the date of acquisftion or opening of the deposit or similar a(xount. Cr8dltors Creditord are recognised when the charity has a presentobligatton resuliing from pastevents and can b8 measured or estimated reliably. Creditors are recognised at their settlement amounts. Financlal Instrumants The trust only h85 financial assets and financial liabrtIeS of a kind Ihat qualrfy as basic financial Instruments. Basic finar¢cial instruments are intlially recognised at transaction value and $ubsequenty measured at their settlemerrt value. Funds Unrestri(*ed reserves are funds that can be used In &cordanca with the charitable oblts at the discretion oftho Truste88. Designated reserves Lx)mprise of unrestrlcted reserves whth have been sel aside at the discretion of the trustees. to be held as investrnents. The incx)me derived is used to cover Ihe charity's administrativo costs and the balance for charttabla purposes. Restricted fijnds are ndS that can only be used for partirjjlar re5trid8d poSe8 w1.n the objects of the charity. Restrictions aris8 when spedfied by the donor or when funds affj raised for paTticaJlar restrided pUrF#s. 12
Houslng the Homeless Central Fund Notes to the Financlal St2tsm¢nts For the year endod 31 March 2026 Accounllng Polic185 (contlnued Judgements and Key sou$ of Estlmatlon Uncertainty In the appllc¥tion of the charitable CoMpanS accounting policies. the Trustees are required to make judgements. estimates and assutnptions about Ihe caryirHJ 8munt ofassets and liabl1leS that are not readily apparent fmm other sources. The estimates and associated assumptv)ns ate based on hi$tori¢al experience and otherf8ctors that aro considered to be relevant. Actual results may dwfer from these estimates. The esttmates and undotyirvJ assumptions are rEvwed on an ongolng basb. Revision8 to accounliro estimates are recognised in the pwi(xJ which tho estimale Is revtsed where the revision affts only that period. or in the peri(Kl of the revision and fuiure perbds where the revision affects bottt current and future peri&d$. There are estimates lo nole that affect these accounts. Donatlon5 and Legacies Unrestrlcted Restrlcted Funds Funds 2026 2026 Total 2026 Totsl 2025 Donations 53.917 5.500 59.417 82,036 In 2025 there were restrthd donations of £6.650. othor tradlng actlvitles Unr•$tricted RestrlGt8d Funds Funds 2026 2026 Total 2026 Totsl 2025 Fundralslro inco 2.904 3.821 In 2025 there w8$ no re5trrcted fundraislng income. Investment Income Unrestrl¢ted Re8trfcted Funds Funds 2026 2026 Total 2026 Total 2025 Dividends and interest Helpcard inrA)rne 17.166 152 17.166 152 17,070 171 17.318 17.318 17,241 In 2025 there was no restri investvnent income. 13
Housing th8 Horneless Central Fund Notes to tho Flnanclal Statements For thg y8ar endad 31 March 2026 Ra151ng Funds Unrastrlcted Restrlcted Funds Funds 2026 2026 Total 2026 Total 2025 Investment managerfs fee Support costs (Nots 8} Fundraising costs 3.591 6.273 3.591 6.273 6.156 75 9.864 9.835 In 2025 were no restrTctgJ fundraising (y)sts. Charitablg Actlvltles Unre8tr1¢ted Restrfcted Funds Funds 2026 2026 Total 2026 Total 2025 Grants to Institutions (Note 9) Support costs (Note 8) 56.065 6.272 8.371 64,436 6.272 67.365 8.157 62.337 8.371 70,708 73.522 In 2025 there were rtriGled grdnts paid to Instltutrons tot811ing £9,334. othér Costs Unrostrfcled Restrfcted Funds Funds 2026 2026 Total 2026 Total 2025 Independant Examinerfs fee HOTh)raM 1,728 3,000 1.728 3.000 1,638 3.000 4.728 4.728 4,638 In 2025 there were no r&strt¢ted othor o)sts. otlEr (xjsts represent Ihe govemance costs of the charity. Support Costs Ralslng Charllablg Fund5 Activlties 8asls of Total Allocatlon Salarfes Administrative 6.CKJO 273 6.273 6,000 272 6,272 12.000 Time spent 545 Time spgnt 12,545 14
Houslng the Homaless Central Fund Notes to tho Flnanclal Slatements For th& yèar 8ndgd 31 March 2026 Grnnts to Inst(tutlons 2026 Andover Crisis Support Centre Bench Outreach Bexley Children's Sc(ial Care Bexley Coun1 Brighton Women's Centra Cherwell Distrtct Council Citizens Advi Hallon City of London Clarion Housing Going Foard Finding Freedom from Abuse Folkeston Probatton Serv1( Forward Trust HMPPS Kairos Community Trust Kirklees Probation Service Launchpad Reading Live West Homes LIrTh LLAMAU London B(Yough of Bexley London Borough of Hackney National Probation SeNice New ConnectK)ns Newman YouEh Community NOMS Action Probation SeTwce Places for People Self Help HA SHAP Ltd Single Homeles8 Project St Michael's Fellowship St Murw's Tham8s Re The Connection at St Martins Two Sairrts 200 1.520 1.600 1.170 600 1.000 2.140 3.285 2.360 300 250 70 270 900 200 1,803 3,399 825 2(K) 102 550 2.584 450 1.2CK) 800 400 10,700 1.932 8.521 14,780 760 400 Grants made in year 85.815 Grants lIton back in year (1.379) 64,436 Ploase note that the anUnt specified above against each agency 1$ the aggregate of a numb8r of indivtdu81 ants which are. on average. approximately £260. Grants written back In the year are represented by 5 grants made in 2024125 and subsequenty cancelled in 2026. 15
Hou81ng the Hom8less Cgntral Fund Notss to th& Flnanclal Statom9nts For the yw ended 31 March 2026 10. Romun8ratlon 2026 202 Salaries Employers National Insurance (x)ntribulK)ns 15.IXIO 15.000 15.000 15.000 Numb8r Average number oferry)loye85 No employ8es earn over £60,0 {2025: £Nil) During the yearthe treasurer received an honorarium payment of£3,000 (2025: £3,000) induded within sa18ri88. No emoluments are paid to any of the Irustees (2025: £Nil). No expenses have been paid to the tnBtees (2025.. £Nil). 11. Flxed Asset Investments 2025 UK Quoted Investments: Market value at 1st Aprl 2025 Addilions Disposals Nel realisedlunrealised investment gains l {It)sses) 367.256 55.159 (58.909) 5,984 372.207 35.317 (34.CK12) (6,2661 Market value at 31st March 2026 369.4 367,256 Cash held by Itwestment Manager 6.747 6.311 376237 373.567 Historiral (xist or vaue of gift at 31st March 2026 358.526 351,977 16
Houslng the Homele Central Fund Notes to the Flnanclal Statements For the year 8nd8d 31 Mar¢h 2026 11. Fixed Assgt Invgstments (conL) The following investments are held: Market Value 2026 Markat Value 2025 Holdlng 2026 Dunedin Inc Gro Inv Ttust 7y?Q/o Standard Chartered Prets M&G Securities Charibond City Merchants High Yield TFU8t Helpcar(Is HSBC Infrastnjcture Co Ltd COIF Charity Funds Schroders Charity Equty Primary Health Properttes Tritax Big Box Reit 31 Infrastfudure ForesightlJohn Laing Environ Ass8t Group Valu-Trac Investmant Management Baillie Gifford & Co Finsbury Growth & Intxmne Trusl Fundsmth LLP Aegon Asset Management JPM Asia Growth & Incomp iShares11 PIC London Power NetNnTks PIC UK Govt 4.5% Dec 2042 Twenty Four Dyllamic Bond Premier Mton Funds Global Sustainable Franklin Templeton ICAV Eden Tre8 Investment Funds Premier Miton Income Funds RLUM Ltd Royal London Trust 5,000 23,000 14.200 26,865 14.300 26.748 19.395 26.220 11 12.386 20,850 20,264 10,787 17.410 13,235 11,257 16,250 15,863 19,935 17,933 19,063 6,771 16,425 10.763 8.475 17.248 12.1 13.533 15,200 11 11,000 26,068 11 13,046 4.0 11.500 12.400 4,155 15.700 12,947 9,643 23,096 10,447 17,521 13,856 10,676 18,353 15,516 10,OLXI 19,080 1,840 3.000 10,000 12.500 175 15.000 375 3.500 17.500 6.500 16,411 20,635 8.686 18.508 10.622 11.488 17,159 10.627 14.592 14.945 17,218 18,941 369.487 367.256 12. Debtors 2026 2025 Other debtors Accrued income 63 14,952 338 21,657 15.015 21,995 13. Credftors: amounts falllng due wllhln ong year 2026 2025 Taxalv)n and soeAal serity Accruals and deferred income 600 1,638 1,728 2.328 2.238 17
Houslng tha Homeless Central Fund Notas to tha Flnancial Statements For tha yaar anded 31 March 2026 14. Funds Openlng Income Balance Expendlture Rèallsodl Transfer Unraalls8d Galns Closlng Balance Ggnoral 24.443 74,139 {76,929> 3.321 24,974 Designatsd Gift of Shares Legacies & In Memoriam Investments Reserves 373,567 7.032 (3.314) (7) 376.237 7.025 380,599 5.984 (3,321) 383.262 Total Unrestrtrted 405.042 74.139 (76,929) 5,984 408.236 Resttlctsd 3,641 5,500 (8,371) 770 Totsl Funds 408.683 79,639 185.300) 409.006 Investments a Ix)mprised of funds invested in the stock market Ise8 Note 11) and uninvested cash held by the Investment Manager. At the end of each year. the ba18nce of this fijnd will be amended so the cary fOard balance reflects the valuatlon of the investments (cash and amounts held in investments). The Reserves fvnd complieg with the charivs Re8eNos Policy. 18
Houslng tho Homelgss Central Fund Notes to the Financlal Statements For the year end9d 31 March 2026 14. Funds {¢ont.) Funds for the y•ar gnded 31 March 2025 Opening In¢om¢ Balance Expendlture Reallsedl Transfor Unreallsed Los565 CIo8lng Balance General 449 96.448 {78.661) 6.207 24.443 Deslgnated Gift of Shares Legacies & In Memoriam Investments Reserves 259.940 {6.266) (253.674) 133.132 (133.132) 373,567 7,032 373.567 7.032 393,072 (6.266) (6,207) 380,599 Tota Unrestricted 393.521 96,448 (78.661) {6.266) 405.042 Restrictod 6.325 6,650 19,334) 3.641 Totsl Funds 399.846 103,098 (87.995) (6.266) 408.683 Designated funds relate to glfts ofshares and lega(aeg weived by the charity, whh trustees have invesled to provide in(x)me that can be used inilialty to (xwer the Gharivs ajmtnlstralion cos& with the balan being availabte for direct charitable purposes. Restri¢ted funds are those fijndswhlch have been red and are lo be u1 to provide grants in a specific area to help those in need. The monies not used in the yearare (31ed forwa forAfftJre Use. 15. Analysls of Net Ass•ts between Funds Othor Assots Invostments Total Restrlcted Funds 7T0 770 Unrestricted Funds General fund Invesknents ReseNes 24.974 6,747 7.025 24,974 376,237 7,025 369.490 Total Unrestricted 369,490 38,746 408,236 Total Funds 369.490 39.516 409,006
Houslng the Homele88 Central Fund N4)tOS to th8 Flnanelal Statsmgnts For the year endad 31 March 2026 15. Analysls of Nat Assets betw¢on Funds (cont.) Analysls of Nel Assets betWO8n Funds for the ygar ended 31 March 2025 Other Assets Investmonts Total Restrl¢ted Funds 3.641 3.041 Unrestslcted Funds General fund Gift of shares Legact8s aFKI In MerThJrlam Fund Investmerrts Reserves 24.443 24,443 367.256 6,311 7,032 373.567 7.032 Total Unrestrict 367,256 37,786 405,042 Total Funds 367.256 41,427 408.683 Relatsd Party Transactlon5 No TnJstee12025- 1) made donations during th8 year12025- £500). 20