CAMBRIDGE CYRENIANS
ANNUAL REWEW
2022123
_On behalf of the Board of Trustees I am delighted to present our Annual Review for 2022-23._
_We unfortunately continue to see the devastating impact of both cuts to central services and the cost of living crisis. Our staff and volunteers continue to offer exceptional levels of support for our service users and on behalf of the Board I offer sincere thanks for their efforts._
_This year has seen further changes in our Board of Trustees and I thank both those that have moved on and those that have joined for their unwavering support._
_This year has seen the adoption of the new Streets to Homes Service and all of the processes and procedures that has brought with it. Added to this has been the move into the long awaited new office at Signet Court and the adjustments to working brought about as a result._
_2022-23 has been a year of consolidation and stability, with much effort having gone in to reinforce the work of the charity after the effects of Covid. We look forward to building on that as we move into the next period._
Sarah Coates—Chair of Board of Trustees
**2**
_The year started with the beginning of the new Streets to Homes Service. The transition was unobtrusive for our residents and we were able to continue providing a seamless support service throughout the changes. Behind the scenes the processes and new ways of working have been bedding in, with the partnership working together to improve referral pathways and support across the sector._
_April also saw us moving into our new office at Signet Court, the long term goal of purchasing our office finally a reality. The difference from the ex-public house at Short Street is stark, but we quickly settled in to the functionality of a purpose built office._
_The cost of living crisis has impacted everyone and with the less well-off being adversely affected by the financial pressures. Supporting our residents through this time has been a real challenge for our staff. The increase in foodbank voucher referrals a sure sign of how difficult many of our residents and clients of the Older Homeless Service are finding the current situation._
_Having secured funding for our accommodation service and mental health service last year we needed to ensure the Older Homeless Service was fully funded. Not only did we manage this but we also expanded the service providing two full-time workers, allowing more former homeless people to thrive in their own homes._
## James Martin—Director
**3**
_After suffering a series of psychotic breakdowns, Shaun was ultimately asked to leave his privately rented accommodation but while street homeless he struggled to access support for his mental health and his general health and well-being quickly spiralled out of control._
_Soon after moving into Cambridge Cyrenians Shaun was able to meet with Louisa our Mental Health Practitioner who helped Shaun find healthy coping mechanisms and provided opportunities to fill his time with positive_
_activities that improved his well-being. With this help, Shaun was able to build routines that helped him to avoid instances, which could negatively affect his wellbeing such as drinking alcohol and remaining isolated in his room._
_During one episode of poor mental health, Shaun acted out of character and put his tenancy at risk. However due to Cambridge Cyrenian’s range of support and accommodation options, we were able to move Shaun to a property with more support._
_Since then, Shaun has continued to engage well with both his Project Worker and our Mental Health Practitioner. Shaun is now able to keep on top of his appointments and accesses support for his sobriety. He has been working on his future, and having successfully applied to obtain an A-band for social housing he is now preparing himself for a fresh start in a home of his own._
**4**
_To support anyone at risk of or experiencing homelessness, no matter their background or past, to have an equal opportunity to fulfil their potential._
_To support and empower those who are homeless or vulnerable to homelessness and to make a positive difference to the quality of their lives._
_Pioneering: Leading in new and innovative ways of supporting homeless people and finding solutions to the challenges of homelessness. Inclusive: Open to all, valuing and respecting people for their differences. Flexible: We are continually looking at ways to be innovative, to find solutions that will improve the quality of life of our service users. Empathetic: We strive to understand and share the feelings of others. Respectful: We believe in tolerance, acceptance, valuing diversity, and treating each other as equals._
_Empowering: We believe in bringing out the best in people, equipping them to make their own decisions and reach their potential._
**5**
_We provide a range of housing and support services meeting the needs of homeless and vulnerable individuals in Cambridge. This includes tiered accommodation options for different levels of need, 2 Housing First flats, an inhouse mental health nurse, an older homeless floating support service, a dedicated meaningful activity service and a therapeutic allotment project._
_We currently have 21 properties in Cambridge providing supported housing to over 100 people at any time._
_Results from Cambridge Cyrenians 2022 resident’s survey showed 95% of our residents felt they had good relationships with Cambridge Cyrenians staff team and 93% of residents rated the their support as good or excellent quality. We also received positive feedback on the quality of our accommodation and the speed of our repairs service. All but one respondent felt the cost of their accommodation was good with 96% rating the cost as good or excellent._
_The quality of support provided by Cambridge Cyrenians staff and Project Workers came across in many of the comments with one resident saying "I think that your service and level of support is great overall, staff are all kind and helpful. I have personally benefitted from you positively."_
**6**
_Cambridge City Council’s Independent Living team referred Helen to the Older Homeless Service as they were struggling to carry out their annual gas safety check. The initial referral was to assist Helen to maintain adequate supply on her gas meter so the boiler check could be undertaken._
_However, on visiting Helen it was clear that the situation needed more than this as it was apparent that Helen was struggling to cope, the property was very cluttered and dirty. She had not had heating for months and had built up a large debt for standing charge on her pre-payment meter._
_Cambridge Cyrenians’ Older Homeless Service Project Worker began making weekly visits to take Helen out of the property and to top up both the electricity and gas meters, with a view to getting her meters changed in the future so that direct debits could be set up._
_Helen hadn’t been able to attend GP appointments regarding her diabetes, the OHS Worker helped Helen access her GP to get her diabetes back under control and made a referral for chiropody to help with Helen’s mobility._
_More recently, OHS staff raised a safeguarding referral as the state of the property had declined and there were further signs of self-neglect. In response, a new Social Worker was appointed and a new care package provided with carers visiting Helen twice daily. The Social Worker has been in regular contact with Cambridge Cyrenians and working together arranged for a cleaning company to attend the property; for Helen to attend a Day Centre; and for an assessment by Occupational Therapy for walking aids._
**7**
_The Older Homeless Service is a specialist floating support service that helps older men and women to transition and maintain independent living. Working across all types of tenure, the service plays a vital role enabling formerly homeless people to live full independent lives in their own homes._
_In response to the ever growing demand this year we chose to increase the staffing resource by 20%. This enabled the capacity of the service to grow allowing the service to support up to 45 individuals living in their own homes. During 2022/23 we supported 62 vulnerable individuals._
_The Older Homeless Service plays a vital role enabling those receiving the service to make the most of their homes and independence which the rest of us take for granted. The service not only ensures people thrive in their homes it also prevents tenancy breakdowns and evictions which would lead to repeat homelessness. Perhaps one of the most important functions Lizzy and Lucine provide is reliable on-going support, helping to reduce loneliness and the negative impact this has on vulnerable peoples health._
_During our most recent survey 100% of respondents selected ‘strongly agree’ or ‘tend to agree’ to the statements ‘The OHS has helped improve my independence’ and ‘The OHS has helped improve my happiness and wellbeing’_
**8**
_The Jubilee Project provides accommodation for 10 people with an offending background who are facing homelessness or those without stable accommodation. In 2022/23 the project saw 13 people enter whilst 9 moved on to more permanent accommodation. Our dedicated Project Workers use their skills to liaise with other agencies such as the Probation Service and health professionals whilst regularly meeting with our service users on a 1 to 1 basis to help our residents in achieving their goals._
_The focus on meaningful activity has been a challenge for the residents of the Jubilee Project following the disruption caused by Covid-19. Despite these difficulties a number of residents successfully attained their_
_Construction Skills Certification Scheme Cards enabling them to access employment in the construction industry. We have also had residents working in local restaurants both in front of house roles and as in the kitchens. Other residents secured work as cleaners, couriers and delivery drivers._
_One long term resident was successful in securing a place at residential rehab despite needing to do much of his early preparatory work virtually and having now completed his placement still returns to engage with staff._
**9**
_Our Meaningful Activities programme encourages residents to engage with training and volunteering opportunities which helps them to gain stable employment further down the line. By joining in with these activities, service users are able to expand their social circles and create environments for lasting change too._
_In 2022, many of our residents returned to work largely within construction, retail and cleaning sectors, however some chose different avenues. One resident within our female only accommodation joined Cambridge Cyrenians as a refugee from Ukraine. Since moving to our service, she has set up online classes to teach English to children in Ukraine and is assisting a local college with face to face lessons whilst continuing her own English studies._
_We also saw residents volunteering their time to help strengthen and give back to their communities. One such resident has been utilising his knowledge of green spaces to volunteer with Cambridge’s City Rangers who keep our spaces healthy and our city clean._
_The residents at Short Street enjoyed spending time out and about with their residential volunteers, mainly eating cake and visiting local attractions such as the Botanic gardens._
**10**
_Our Community Allotment has seen another busy and thriving year in 22/ 23. Managed by our Horticulture Therapist and Forest School Leader, the group has been involved in a wide range of practical, artistic and therapeutic activities._
_The group rejuvenated an old orchard on site and developed new growing spaces for more vegetables. The Forest Skills sessions have involved cooking own-grown veg on the open fire; making Greenman sculptures from clay and natural items; identifying native flora and fauna. Our fruit and veg stalls have been extremely popular with the public again this year, raising awareness and funds for the project._
_Building community connections and working with external partners has been a key focus this year, including several events. Newnham College presented the group with a beautiful crab apple tree as part of their Global Tree Scheme for their 150th anniversary celebrations. Allia Ltd invited the group to hold the annual pumpkin stall at their Future Business Centre in King’s Hedges, which was such a fantastic success that they arranged further partnership events for next year. A local grower gifted approximately 100 sunflowers (the national flower of Ukraine) and the group planted them throughout the community site in solidarity with the Ukrainian people._
_“I love coming to the allotments. This is part of my healing process.” – Group member._
**11**
_The Mental Health Practitioner continues to provide essential support to our residents who struggle with their mental health. The holistic person-centred approach allows the MHP to support our residents with their mental health and well-being, helping them to better understand and manage their mental health and encourage adaptive coping mechanisms._
_Over the year, there have been 28 referrals and 23 discharges, referrals come from in-house projects, as well as outside agencies such as Counting Every Adult Team, Dual Diagnosis Street Project and Cambridge Access Surgery. The MHP maintains an average_
_caseload of 14 and informal support remains in place for residents, who prefer a ‘dropin’ approach to support, without the need for set meetings._
_We have seen more individuals access our service with complex needs and dual diagnosis. This has resulted in fluctuating intensive support, as well as a joint working with drugs and alcohol support services like Care Grow Live and Alcoholics Anonymous. The support provided is flexible, with individuals identifying different goals and aspirations, ranging from anxiety management and emotional regulation to crisis planning, incorporating more well-being activities into their daily lives ._
_Alongside the MHP our voluntary counsellors continue to provide an exceptional service to our residents and we are able to see a noticeable difference in those who access the comprehensive mental health support provided by Cambridge Cyrenians._
**12**
_John came to us from Prison; he was a persistent and problematic offender and placed under Integrated Offender Management and Probation. John started with us at the Jubilee Project our 10 bed ex-offenders accommodation._
_The Mental Health Practitioner worked intensively with John who was open about his long term mental health struggles after losing his father 4 years ago. Struggling to cope with this loss he attempted to take his own life, resulting in an inpatient admission at a mental health hospital._
_During his last custodial sentence John engaged with therapy and recognised he had suffered complex childhood trauma. Since his prison release John’s determination is evident, although the volatility to his mental health symptoms remain, John is making every effort to engage with services to better support and understand his mental health. John moved on into our move-on accommodation where he continued to excel, even completing a business course. John has recently moved into a training flat, with support continuing from our Mental Health Practitioner._
_Since this move, he been able to play a more active role with his children, something he reports has only been a dream for the last few years. John also utilised our well-being fund to get himself back into the gym on a regular basis, which he now self-funds. He’s finally off Probation, something he’s very proud of. Now having gained an A band for social housing he is looking forward to full independence and home of his own._
**13**
_Our volunteers enrich the lives of our residents by providing extra, practical support and further staffed hours. The live-in volunteers immerse themselves into our households and assist our residents with tasks such as learning to cook, maintaining the property and providing another listening ear._
_In addition to our live-in volunteers, Cambridge Cyrenians are able to offer a free counselling service with newly qualified counsellors volunteering their time under the guidance of our Mental Health Practitioner. We also hold a small team of part-time volunteers who assist with befriending and helping at our allotment, and not to forget our committed Board of Trustees providing essential guidance and governance for the charity._
_This year, we were joined by 4 international volunteers who quickly learnt the tools necessary to support those living through homelessness. By building rapport with our residents, our volunteers are able to gather further understanding about their circumstances by holding discussions in the comfort of their own home._
_In our Long Stay Older Homeless property, the benefit of volunteers is noticeable in the immense difference it makes for the residents. For Peter, one of the most enjoyable prospects of new volunteers is taking them to the River Cam to feed the wildlife or baking cakes for the household together._
**14**
_The coming year sees Cambridge Cyrenians alongside our partner agencies building on the success of the Streets to Homes service. We should see the introduction of two additional houses in South Cambridgeshire providing accommodation options out of Cambridge for our residents who want and will benefit from being away from the city. The planned return of one of our long term properties on Carlyle Road will allow us to concentrate our services on the more successful model of smaller shared houses that feel like homes not hostels._
_Our mental health service, Brighter Futures is fully funded for the next four years and the generous funding from Henry Smith Charity securing the Older Homeless Service for the next three years. We look forward to concentrating on more sustainable long term funding for our Meaningful Activities Service and Therapeutic Allotment Project. In addition to this we hope to realise our desire to launch our Lived Experience LEAP Apprenticeship Scheme._
_Surviving the year ahead will undoubtedly have its challenges and supporting our residents to weather the cost of living crisis will surely put a strain on them and the staff team. But we are confident that Cambridge Cyrenians and its faithful team of staff and volunteers will be able to rise to whatever challenges we are faced with._
**15**
**----- Start of picture text -----**
2022/23 2021/22
Income £ £
Donations and Legacies 19,863 54,305
Net Rental Income 923,850 860,998
County Council Grants 239,053 222,795
Grants from Trusts 154,993 47,785
Cambridge City Council Homelessness Grant 2,462
Sundry Income 16,834 35,573
Investment Income 1,489 2,664
Total Income 1,356,021 1,226,582
Expenditure
Costs of Raising Funds 17,762 30,797
Expenditure on Charitable Activities 1,378,408 1,213,446
Total Expenditure 1,396,170 1,244,243
Net Movement in Funds (40,149) (17,661)
Total Funds Brought Forward 697,919 715,580
Total Funds Carried Forward 657,770 697,919
Balance Sheet
Fixed Assets 442,665 461,882
Net Current Assets 215,105 236,037
Total Assets Less Current Liabilities 657,770 679,919
represented by:
Restricted Reserves 64,594 96,175
Designated Reserves 407,367 415,975
Unrestricted Reserves 185,809 185,769
Total Capital and Reserves 657,770 697,919
**----- End of picture text -----**
**16**
**----- Start of picture text -----**
Rental income
County Council grants
Grants from trusts
Sundry income
Donations and legacies
Staff salaries and wages Office and admin
Rent payable Staff training and events
Council tax and utilities
Food and household Fundraising consultants
Equipment and maintenance
Property maintenance
17
**----- End of picture text -----**
_Cambridge Cyrenians would like to thank all trustees, staff, and volunteers for their hard work during the year:_
_James Martin - Director Min-Hui Bird - Finance Manager Emma Hooton - Head of Services Kristian Claxton - Services Manager Rikke Jensen - Services Manager Shanice Jones – Volunteer and Resident Activities Manager_
_Louisa Hallisey - Mental Health Practitioner Eoin Browne - Mental Health Practitioner Victoria Howell - Property Administrator Sheila Smith - Property Administrator Aleta Shibu - Finance Assistant Alison Greene - Finance Assistant Elitza Zarcheva - Project Worker Amy Foster - Project Worker_
_Kate Duckett - Project Worker Lizzy Martin - Project Worker Beatrice Kennard - Project Worker Katherine Rodgers - Project Worker Rachel Savage - Project Worker Alan Warner - Project Worker Hebe Rudder-Logan - Project Worker Kevin Walshe - Project Worker Lucile Simonin - Project Worker Clare Bruge - Project Worker Lucine Harrison - Older Homeless Project Worker_
_Val Oliver - Older Homeless Project Worker Ruth Wood - Allotment Co-ordinator Mick Crossley - Maintenance Operative Frank Kohak - Maintenance Operative_
_Sarah Coates—Chair (from 26.05.22) Neil Offley— Chair (until 27.04.22) Serin Dabb—Trustee (until 22.02.23) Dave Glover—Trustee (until 20.05.22) Oli Daffarn—Trustee (from 27.10.22)_
_Jonathan Manning—Trustee (until 27.10.23) Harriet Truscott—Trustee (until 22.02.23) Alyse Roberts—Trustee Mariella Giancola—Trustee Richard Robertson—Treasurer Nicholas Sheppard—Trustee_
**18**
_Cambridgeshire County Council South Cambridgeshire District Council Cambridge City Council Nationwide Community Grants Good Gifts Catalogue The National Lottery Community Fund The Evelyn Trust The Henry Smith Charity Cambridgeshire Community Foundation The Barnabus Oley Trust The Cole Charitable Trust The Talisman Charitable Trust_
_HTS Estates Pye Foundation The Strangward Trust Garfield Weston Foundation Fine and Country D'Oyly Carte Charitable Trust 29th May 1961 Charitable Trust Albert Hunt Trust CamCRAG R Boland Education Services 2010_
_Cambridge City Council Cambridge Housing Society Peabody Trust The Dawe Trust Metropolitan Thames Valley Housing Chorus Homes - Places for People_
_Hannah Bediako Emma Richter Kevin Majewski Till Meyer-Jark Prince Sharma_
**19**
**Cambridge Cyrenians 3 Signet Court Cambridge CB5 8LA Registered Charity Number 261994 Company Number 992199**
Tel: **01223 712501** Email: **office@cambridgecyrenians.org.uk** Web: **www.cambridgecyrenians.org.uk @CamCyrenians @CambridgeCyrenians @the_allotmentproject**
**20**
Report of the Board of Trustees and Financial Statements
for the year ended 31 st March 2023
Cambridge Cyrenians Limited
Cambridge Cyrenlans Limtted is a charltable Company limtled by guarantee
Index to the Financial Statements
Pag6
Legal and Administrative Information
R9POrt of the Board of Trustees
Report of th8 Auditors
Ststement of Finanaal Activits8S
Balance Sheet
10
Statement of Cash Flows
Nol8s forming part of the Finarrial Ststements
12-17
Cambrldge Cyrenlans Llmlted
(Llmlted By Guarantoè
Report of the Board of Trustèes
for the ar ended 31st March 2023
Th8 Board present their report and audf(8d financial statements for the year Cambridge
Cyrenians Limited is a charitable company limited by guaranteè and is a charity r8gistered
with the Charities Commisson.
REFERENCE AND ADMINISTRATIVE INFORMATION
COMPANY NAME:
Cambridge Cyrenians knmhed
COMPANY NUMBER:
992199 {England & Wales)
REGISTERED CHARITY NUMBER.. 261994
PRINCIPAL OFFICE and
REGISTERED OFFICE..
3 Signet Court
Swanns Road
Carn1dge
CBS 8LA
DIRECTORS AND TRUSTEES - THE BOARD OF TRusfEES
S Coates
R Robertson
S Dabb
D.Glover
J Manning
N.OMey
A.Roberts
N Sh8ppard
Truscott
Giancola
J Daffram
Chair
Treasurer
(resigned 22 2 2023)
(resgned 20 5 20221
(resigned 27 10 20221
(resigned 27 5 20221
{resgn8d 22 2 20231
(appointed 27 10 20221
COMPANY SECRETARY:
James Martin
The day lo day management of the chaty is ddegated by Ihe Board of TnJs180s lo JarNe$ Martin.
AUDITORS:
Prentis & Co LLP
Chartered Accountants & Strdttjtory Auditors
11 Sc Mitton R08d
Cambridge
CB4 1XE
Page 1
Cambridg• Cyrenlans Llmited
{Llmltgd By Guarnntee)
Report of the Boarfl of Trustees
for the ygar and8d 31st March 2023
The TrLtslees present their annual reFQrt and audited financial slatemerts for the year endad 31 March
2023 which are also prgpared lo meet the requiremenls for a directorf report and accounts for
Companies Act purposes. The financial statements comply yth the Charities Act 2011, the Companies
Act 2006, the Memorandum and Articles of Association and Accofjnting and Rewrting by Charities..
Statement of Recommènded Practice applicable lo Charit$ preparing their accounts in accordance
with the Flnancial Reporting Standard applicable in the UK Re[b(l¢ of Ireland IFRS102) lupdaled October
2019, effective 1 January 20191.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Gov¢rnlng DoGum•nt
Cambridgo Cyrenians Limited is a charitate company limtted by guarantee and Is a registered
charity governed by ils Memorandum and Ar1icles of Associaiton. In the event of the charity
belng wound up members are fequired lo contribute an afflount not exceeding £1.
Recruitmont and Appointment of Tte85
The directors of the charltable company {Ihe chariv) are its truslèes referred to in the govèrning
document as the Council of Management, but referred to Ihroughout this document as
the Board of Trustees.
Under the requlrements of the Mernorandum and Articles of Assoryalion the members of the
Board arè elected to serve for a period of three years after s¥hKh they must be r8-8lecled at th8
next Annual Genefal Mgeling. Only persons vtho are members of the charity are eligible lo be
elected as members of th8 Board of Trustees.
Trustee Inductlon and Tralnlng
New Trustees ar8 pfovKled Initial inducbon into the activities of the charity by fellow
Tru81ees and the Company Secretary. They are provided wlh a sel of important documents
including Memorandum and Articles of Assoc(ation. lalesl financial ststements and management
accounts duriro their induction. Training is provided for all Trustees.
Organlsational Structure
Carnbridge Cyrenians is controlled by ils Trustees who meet al le28t every three months.
A manager is aptK)inted by the Board of Trustees to manage the day-to-day operations of the
charity.
Rlsk Managoment
The Board of Trustees conducted a review of the major risks to which the charity is exposed. A risk
register has been established and is updated at least annually. Where appropriate, systems or
procedures have been established lo mitigate the risks the charity face5. These procedures
are reviewed perh)dically to ensure that they continue lo meet the needs of the charity-
Partner Landlord$
Cambridge Cyreniang leases propefty from a number of landlords, induding.. Cambrid9e City Counry5,
Cambridge Housing Society. CatalyEI Housing Limited, The Dawe Trust and several private landlords.
Cambridge Cyrenians also has a Management Agreement with Metropolllan Housing Trust for the
management of one other property.
The accounts of Housing Assoctab'on owned prOpertS may be induded in the accounts of the charity as
well as those of the Housing Assoaation.
Page 2
Cambftdge Cyrènlans Umlled
(Llmried By Guarant8el
Report of thg Board ofTrustees- witlnu•d
for th¥ Jyar onded 31st Mar¢h 2023
REMUNERATION POLICY
Cambridge Cyren1 o)mmitted to wsuring that staff are paid In a transparent. f&r and consistènt
manner, hamny ward io boL* o*arity mad(8t coisQerdtions. and the ability of Cambrfdge Cyrenians
itsdf to pay. Thls Is so Cambr5dgg Cyrenians can atra¢t and rètan pIe with b49 rvJht skills and
th8fefor8 have the greatest impad in denrj our obi8cbv.
Cambridge CyTenians o)mpares w.lh other organisatitins ¥thIn the support sgctor. ana morè spgcifirnlly
against those organisabons whlth ar8 in direct npoIson when r( cjynes lo Ihè recwitrngnt ol high
calibr8 St8ff.
In 8wrdance with thè SORP we".
- dlsclose all payrnents lo tnstees IrK) trust are paid) an¢J experK%es rdmbursed Inole 13 to the accounts)
- di5dose the numbarol staff in rwAipt of £60.000 and ats)ve (no $taff are paid nvxe than E60.0001
. dlsclose pensltsns and other benefits lTh)ts 2 to the a(¥Unts).
OBJECTIVES AND ACTWMES
Tne objects of the tharity a the relief ol eTly. $i(*ness and old age and in partbjlar Ihp rgllaf of
homeless persons who arè in need and wuire as51Stanc8 in ath6ving 8 mr6 setued way ol lila. Thi5
is dorye by providing supportÉd housing for 103 inQNieual Men and women in small, residential,
oxjmmunlty ktU5es which respond io the rwds of )MelesS peor)le. C8tnbridg& Cyrenian5 alao orovides
additional support to thosè who are home'Rs5. or v, lnerab kK)rndes5V.85s because ol Lrtelr mental
hèalth, or old age. 8y belng Ne>3bl8 and innovative Carr.bridge Cyyén ar.s is able to respond to the ch8nglrKJ
n8Éds of homeles5 people.
The objectives lor thls year wèrè to (yjntinue and devek)p tha suppcwted aCMmOdat)n
subject to $8tisfactoryfunding arrangem6nl3.
The specffic objectiV8s for thls rWe to address the key piiorib•S se¢ out in the Bus%n8ss PLan, indudlng.. .
Secure new mi of
assurance conduson Ihereon.
In connedon th our audit of the financial statements, our responsibilty is to read other infomialion and, In doiro so,
Gonsidèr thether the other infomiation is materially inconsistent wth thè flnarrial ststements or our knedge oblain&d
In th8 audit or otherwise app8ars lo be Thaterially misstated. If we idtfy Such rllat¢rial inconsistencies or apparent material
misslatemenls, we are required lo delermSne whelherthere Is a material misstatem1 in tha finanaal slalements or a
matérial rni88tatsMent of the other infomiation. 11, based on th8 we have pgforned, we conclude that Ihefe is g
material misstatement of this other Infonnation, Y are required to rept thatfacL
We have noihing lo pOrt in thls regard.
Opinlons on otr matter5 pr•scribed by the CoFnp8nl•s Act 2008
In our opinion, based on thè work urKlertoken in the rse of ihe audit
the Inforrnalon given in the annual Teport for the finanrAal year for %thich tho finanaal stal8ments are prepared 1$ tSistenI
with the financial statements,. and
thè trusloes report h&$ been prepared In ac¢ordBnce 1th appIlble l&381 roquiremenls.
Page 6
Cvrnbd CJr8nSans Llmll•il
(Limknd by Guarant*)
Ind8pend&nt Audltgrs. Report to Ihg M¢mbgTS of C•nbridy Csronlans Lhnlted
for t yea¥ endod 315t hlarch 2023 - contlnuBd
Matter8 on whlch w8 aré r8qvlr8d to report by gxwlon
In the Ilght of the knovA8dgè and tmd8rslanding oflhè Charlty and Tts wMent0bts1n*j in the oJur5e of ts ast,
hav8 TK>t idenllfied material misstatemts In Annual RwrL
We have noth:'ng to r8port In r8$P8Ct of the lolkn*lng mati•rs In rdalknn kn %thich Ihe c(mnpans Aci ruIres U5 to
reportto you If, in our oplnion..
adaquale accounting CordS have mt b88Th kept or rm6 •Jwuaie fOrwa[t hav8 rnlbe ved from branchg5
not wsit8d by us.,
. the flnanaal 5tatem8nts a nat h agreemtV1th tre rwds aTrJ r8bmS'.
certaln dl6closurès of tDJstoes' mnall(> 5pedfi8d by laware t m*.. (
we have mt obtained all the Infomauw. and explanatsons nacessary forlhe ofewalL
Inslees were no". eniiied to prepare the f5nal18l stae[sts in aurdar,cE V+ith lh8 small (yjMpaB r89ime s1 take
advantagoof thE sms11 L¥Jmpanlas oxetnpUon$ in preparir¥J the trustee's a5 from lh& rOqLif8mt to pr&p2re a strateglc
report.
Rosponslblllll88 of thè truslee8
As explaln8d more hjly In tho truste. résp)nsiNf.Ues stat8rnWt set Obi on page 5 the tAtea8 are resrenslble for the
Èparation of the financi 5tatenents 8nd for linG $atsfi*l lha+ tb.ey swe a trJ8 apd fair wiew, and for5uth inlwnaS
cAnlroS as tw deiermlnols necesw trj enatAg lh8 pre4)aralJon of fin8rK4al Statents that tree from rnaterial
mlsst8t8ment. whalherduè io traLvI or error.
In pr9parfng tha finan&al 51atemwts, the trustees are roSpN1&fDT assesslry Ih8 Chariils to rJJntinue as a gdrrfJ
cortern. dtsc10ng. as applicabb. mattws r81aled to wng ¢xp.c8m and the L¥)trKm basL8 pfa)Unting unl8SS
the trustees dth&r inter<1 to fiquidate the Ctradty or to ceasE opw3tiap8, or hav6 Ni reali8Uc *.mava bul kn do so.
Audltorg. rasp¢n$lbllltl85 forth8 wdlt of thB fiTranclal 8t*qrnonts
OUT obie¢tiv85 art to ODtaln reaso& aSr8nCe aLy)ui**ether the fina[81 sia18rn8nts as a tho1& are free from matrerial
mlsstatemeN, vthetherduo to fud or grw, and D issue an Auditoes rewrtthat.'ndJdes our Opinn. ReaSDnatAè a88uraKe
15 a hlgh level of assurano, but li pot a gbaonlee an audit wvJud8d in aGwlancewitr. ISAS IUKI W.118knpdyS deteol
a material tni5Stai&m8nt when It 8xists. MisstatW.8nls arise from tral or wror a malsfjl If, Indiwdually
or In th8 aggregate. they muld reasonatrAy be 6xpeu8d io nflUenCe tre ecorth7 dec4Siors of U&8 tdken on the ba$ls of
th88e finanu21 sialgm8nts.
Irregatles. indudlro fraud. are instance5 of lance la arvj rESulab(*. The Wmary respolln511Ity for tb8
prevenlon and delactlon of irregularfues fraEkl r8sts with both tr.e rnanagemwi knose L*wged governan
of the t*,arfty. Wo d&slgn8d wocedures In Ilne wiVI our respolbIlItie5. ouf.In* *Jove, iodeiect mat8rfal misststements In
respect of Irr8gularibes. Inciudir¥ fraud. The gtr.. toYthir* ow woce(knre5 a* capabK8 of deiec*ng irE8gJlarilles. includlng
fraud IB delled bdow.
hav& consld8red tts natureol the iU8 sector, ntrol eNm9)t, law5 and reglatS and bwine$$ performancg,
01 charfty, Indudng its remunerdtion policAes. La arKi regulatkns iUdg. bulhwe not I11t& to, the
CoMpanS Act 2000, FRS102, Chadty SORP aThJ UK taxats'on legi*tion.
We hava quIr with managTrt In regards to thw assessmentof trt risks of irrwJL4arth'es, IIlKIlg fra. W8 a150
anqulred of manag8m8ntand those charggd gov8rtrance as to any kr1) iftstances of or suspected
nOn-mplI8ce wi. laws and regaOnS.
We have obtained r818vanl docaATrentation and wr83entstion$ In Ord to fL¥m an on kyjtential Irregar18$. indudi
fraud,
We ¢onsideTed the op[rbjn1yeS and IntiVeS Ihalrnay eytslvAIM Ihe 0ryjanisan for fraud.
Ba88d on this under5tandlng, we desigW spec4fic aLrt rMrK*lures to ify listarKosof -t7[Alan with laws and
rUlationS. Induding obtslnlnG addibonal corrobor8v8 8*ider as Exampi8S of prd$ indud&d r8VIng lary8
and unusual trsa¢00nS, revithng larg8 upexpecteij ¥ap.an, N)umal wbfjes. and rwthng18gal corr85p)nd
There ar8 Inhwwt limltations In ts audit d8SGDbaJ atA)ve. rntlea5ta5 saMpTra is Lrte.. Intemabonal Stsn(fard5
on Audiling, tharefore not all transactio.is ar8 rev1th. This means there L8 a risk wll notdetectall irr8gularfUes Indudiry ihDse
leading lo a maleria,, mls$tatem8nt in the finanraal or r..-ClK¥ia ritiOns. The risk of not det8¢Ung
material mk55tai8rnenl due to fraud is also h:"Gher an the risk of one froffl erw. as fraud may Ir1¥8
delibera18 concealmer.I by, for example, forg8ry. lolluon, omisgon. ar irrtenODpAI misrentatio.
Page 7
Cambrldge Cytsnlans Umitsd
Iumlted by Guarant••l
Independant •ludltor8' R¥port to the Membern ot Cambr5dge CJryY&nlans Llmltod
for the yr end•d 31st Marth 2023 - wittnu
A further descripllon of our r88ponsibilities forthe audti of thè financial stsloments is locatèd on the Financial Reporting
Council'8 webslts al.. .frC.0g.Uj3udllo1sr0SpOnSibll8s. This dption foms partof our R8PQrt of the Audilors.
Use ofour roport
Thls rèport Is madg solely to Ihe Chajtys member3, 88 8 body. in aCrda1 *lth Chaptsr 3 of Part 18 of tho Componies
Act 2006. Our audit work has been undertaken that we rnwJht stats to the ChaTity's rn¢mbws thos& matters, ws arg requlred
to stats to them in 8 Report oflhè Audltots and for other purpose. To the fullest exlent pemitted by law, we do not accept or
8ssum8 respon51bllity to anyone other than the Charfty's members 88 8 body. for our audit worfo, for this report, orfor tha
oplnions wo have fomed.
Ipley, Sanlor Statutory Auditor
for and on bahall of Prenlls & Co LLP
Chartared Accountants StsbJlory Audllor5
115c Milton Road
Cambridg&
CB4 1XE
Page 8
Cambrldge Csry•rtt Umited
(Llmitwj By Guvant•èl
8tatomont of
Includlng Incrmne a1 Expendlturg Account
for the yearended 31Jt March 2023
De¥gn&ted Rqthdad
Fund8
Total
Furtd8
Y&arsnded
31.3,2022
Funds
Funda
Furtd$
Yeare
31J2023
FLd5
Income frorn:
Donatlon¥ #nd legaclès
15.863
19,863
14.106
4D,199
54,305
Charftablg OCtl¥Ette$'.
Net r8lltal Income of housing projects
CDunty Couneil grants for suwort ol raSidlS
Gran15 from Trus1$
C8mbridg8 Cty Couqdl homd885nass orant
Sundry Incom Grts COVID support
Sundry Inc4)me- profil sale of vehiclè
923.850
923,850 880,998
239,053
154.933
860,998
222,795
47,785
2,462
35,S73
239,053
154,933
222.795
47,785
2.462
35.239
3.134
3,134
13,7(MJ
334
13,7(X)
937.550
397,120 1.334,670
898.699
270,914 1.169,813
Imi•stment income
2,664
2.664
Total Income
954,901
401.120 1.3S6,021
915.468
311,114
1.226,582
ndlture on:
Costs ol ra8ing funts
Expendiluro on Charitable
Total ExndItUre
17.762
17.762
37,950 1,378.408
437.g50 1.3,170
30,797
829,680
30,797
1,213,446
958.220
860,477
383,766
1.244,243
Net mo¥em•nt In funds
Transfer bètween fvnds
{3.3191
(5.2491
(36,Wl
5,249
(40,1491
54,992
155,8251
(72.6531
55.825
117,6611
12
18,568)
8.PJ)B (8,6081
131,5B11
140,1491
{8341
118.8271
117,6611
Adjust surn designa18d ro office pretni5es
9.025 {9,0251
{8,e081 131.5811
{40,1491
8,191
Ig.0251 116,8271
117,681
Roconcillatlon of Funds..
Total Funds i¥tyJghl forward
1&5,769 415.975
96.175
697.919
177,578 425,000 113,002
715,580
Total Fund$ carrled forward
185,809 407,367 64594 65T,770
185,769 415,975 98,175
697,919
The statement of firancw lYe5 Indud85 dl gans and ts5es in the year. AJI iniyjne and eXpltUre dVed ar
from conlinuiru actfvlti8S.
The deficll for compani Act purpcBes was £40.14912021f22: £17.661}
The notes on pag8s 12- 17 lomi part of thesefinaNal $taL(S
Paje g
Cambridgè Cyrenians Limited
{Limlted By Guarantee)
Balance Sheet
at 31st March 2023
31 Marc* 2023
31 March 2022
Notes
FIXED ASSETS
Tangible Fixed Assets
Total Frxed Assets
442,665
461,882
461.882
442,665
CURRENT ASSETS
Debtors
Cash at Bank and in Hand
Total Current Assets
57.299
196.979
254.278
70,924
224,445
295.369
16
CREDITORS:
Arnounls falling due Mthin one year
10
3Y,173
59.332
NET CURRENT ASSETS
215,105
NET ASSETS
657.770
697,919
THE FUNDS OF THE CHARrrY
12
Unreslrtcted Funds
UndAsignated
Deslgnated
185.809
407,367
593.176
185,769
415,975
601,744
Reslricled Funds
64,594
,175
TOTAL CHARITY FUNDS
657,770
697.919
The accounts have been prepared in accordance wth the Provisions of the Companies Act 2006
applicable to Charit subject to the small companies regime.
Approved by th8 Board of Trustees on ?K fy/ L i p Il
Signed on behalf of the Board of Trustees
obertson FCA
TreaSur
The notes on pages 12 - 17 fomi part of these ffinanci ststements
Page 10
Cambridg8 Cyrénians Llmlted
{Limited By Guarantee)
Statèment of Cash Flow5
for the year endgd 31$¢ March 2023
Year ended
31.3.2023
Year end
31.3.2022
Note5
Cash flow from operating acttvilies
15
26,113
21.830
Cash flows frorll Investing activllles:
Interest incorne
Puf¢hase of tangible fixed assets
1,489
(2.901 }
2,664
(1,675)
Nel cash provi(ied byl(used inl investsng acbvitl&s
1.413
449,011
IDecreaselllncreas& In Cash and Cash Equwalents In Year
Cash and Cash Equivalerts at Beginning of Year
(27,5251
470,841
224.444
695,285
Cash and Cash Equivalents at End of Year
16
196,919
224,444
Page11
Cambrldgo Cyrenians Umited
(Llmited By Guarantee)
Notfjs fOnIng part of the Financlal Statements
forthe year endod 31st March 2023
ACCOUNTING POLICIES
Cambridge CyTenians Mited is a charitable Company limited by guaranl8e. The acLounting poliGies are
listed below and have been apled consistenUy througnoui the year and in the praceding period.
{al Basis of accounting
The financial statements have been prepared in accordancE wtth Accounting and Reporting by Charities..
Statement of Recommended Practice applicable lo charittès preparing their accounts in accordance with tho
Financial Reporting Standard applicable in the UK and Republ of Irdand (FRS 1021 (issued October 2019,
Bffecllve 1st January 2019}- (Charities SORP IFRS 10211, the Finanal R6porting Standard appllcable in the
UK and Republicof Ireland (FRS 1021 and the Companies Act 2006.
Cambrldgo Cyrenlans Limited meets the definition of a pvbil¢ benefit 8nb.ty uder FRS 102. Assèts and
liabilili8s are Initially recogni8ed at historical cost or transact(on value unless Dtherwse staled in th8
relevant accounting poll¢y noÈe(s)-
The trustees consider that there are Th) material uncertainties about the charitys ability lo continue as a
going concern.
Ib) Fund a¢countlng
Reslricled funds are subject lo the Ilmtiatlons on their us8 swxfied by the donors or othgr provitjers.
Unrestricted funds are available for use at the discretion of the TnJslee$ in furtherance of thè general
objectives of th8 charty.
{¢) Incomg
All income is included in the 5talemonl of financial activities when the charity is entitled
to the income and the amount Can be quantffied with reasonable accuracy. The followng 5pecrfic policies
are applied lo parttcular categories of income..
Voluntary in¢ome is received by way of grants, donations and grfts and is included in fijll irn the Statement
of Financial Activrfties when receivable.
The value of services provided by volunleors has not been include(1 in these aunts.
Investmanl income Is induded when r1Vae.
Incoming resources from charitable activity are accounted for when earned.
{dl Expenditura
Expenditure is recognised on an accrual basi5 as a liabiltiy is incurred. Expenditur8 includes VAT which
cannot be fully recovered and is reported as part of the expendiluw lo which il relates. Costs of generating
funds comwi5e the costs aSsoated with attracting voluntary income.
Gharilable expenditure comprises those costs incurred by the charity IN the delivery of ils activities and
Services for its beneficiarie$. It includes both costs that can be allocated directly to such activities and
those costs of an indirect nature necessary to support them.
Governance costs include Ih05e costs associaled wth meeting the (xjnstiknlional and flnanclal stalulory
requirements of the charity and indude the audf( fees and the costs of preparation of statements.
All costs are allocated between expenditure categories on a basis designed to reflect the use of the
resource. Costs relallng lo a particular activity are allocated direcdy, others are apportiorned on the
the basis of staff time spent oll the acb'vity.
Page 12
Cambrldge Cyrenlans Limrted
(Llmitad By Guarantoel
Not8s. contlnued. formlng part of the Flnancial Statements
for the year •nded 31st March 2023
1. ACCOUNTING POLICIES {contlnuedl
101 Fixèd Assets
The charity has a policy of wrlting off any capital items whlth cost less than £3,OW. The nare of the
charivs aclSvities means such iteffls have an average useful lrfe of less Ihan one year.
Depreclabon is promded on all 18n9ible fixed assets at rates calculated ID Vrrite off the costs18SS
&stimated residual v81ue of eath asset over its eXpd useful life as follows".
Equipment
25°k straight line basls
Soare
10% straight line basis
Vehicles
25% straight line basis
Office Bui5dlng
2% strdight Ilne baS
Ifj Oporating Leases
Rentals applicable to operating lease5, where substsntially all the bwfits and risks of ownership
remair) with 1h81ossor, are charged 8gainst Incon as incuffed.
Ig} Dabtors
Trade debtors and other debtors are renised at their setUent amount duè after any dixounts.
Prepayments ar8 valued at the amount prepaid net of 8ny trade discount due.
Ihl Credltors
Credllors and provlsions are rec(gnis8d where the charfty has a present obligation resultiny trom a past
event that w511 probably rosult in the transfer of fJnds to a third party and the amount duè to setU8 the
obligauon can be measured or estimatsd reliably. Credlt¢xs and provi&ons are nomally racognised al thair
settlement amount after allowing for any trade discounts due.
2. STAFF COSTS AND NUM8ERS
Wa
es and
al8ries
Salaries
Employer'5 Soclal Se¢urity
Employels Penc Costs
31.3.2023 31.3.2022
555.238
48.717
27,741
505,834
38,744
25,941
631.896
570,519
The average weekly number of employaes durfng the year wa5 as fo11¢y..
Project Staff
Administration Staff
19
18
24
22
No employe8 has eamed more than £60,000 per annum in the 2022123 or 2021122 flnancial years.
The kay managemènt are the trustees who ar8 nol remuner81ed. together With the Manager and
Deputy Manager whos8 aggregate remuneration amDuntpJJ to £108.499 12021r22'. £101,73tI
3. PENSION SCHEMES
The Company contributes to defined contribulion pension schemes for each employee who wishes to
estsblish such a scheme. The assets of the scheme are held sèparately ffom those of the charity in
independently adrllinislered funds. There wor8 no rA)nlributions outstanding al tho year end.
4. NET INCOMING RESOURCES FOR THE YEAR
31.3.2023 31.3.2022
The Dperating surplus is stated alter charging..
Audilorfs remunerats.on for.
audit services
other ServIS
4,383
3.203
4,025
2,954
Page 13
Cambrfdge Cyrgnlans Umited
{Umltsd By Guarantee)
Notos, contlnued. forming part oftho Finatal Statsmants
for the year•rKl•d 31st March 2023
* EXPENDITURE
31.03.2023
Total
31.3.2022
Total
Costs dlr•ctly allouted to a¢tlvltl•s
Staff salaries & wages
Trainlng, travel etc
Rent payable
Coundl tax & ulilttI&s
Food
Equipment malnlenance
and rèntals
Equlpment & V8hide Deprriatlon
V8hlcle Running SIS
Property Tllainlenance
and repalrs
Household & Dir8¢t Costs
Soclal and Wélfare
184.098 385.429
1.824
5,285
287,524
116,845
33,195
569,527
7,110
287.524
117,023
33,195
1S7.801 352.788 510,589
2,W2
4,987
6,969
262.427
262,427
112,149
112,235
33,556
33.556
178
68.299
53,328
270
53.328
785
2,596
8.925
214
9,919
214
515
2.596
36,232
39,666 12.423
1.163
36.232
52.089
1.163
32.891
39.152 12,592
562
32,891
51,744
Goveman¢• costs
Audit fees
3,813
570
4.383
3,744
282
4,025
Support ¢osts all¢K*¢d to actmtles
Génawl affice and finance stsff
4,860
FundraIr@ wn$ulLants
12,902
General admlnlstration
PTemis8S
Insurance
SofLware support & depreaation
Racruibnenl, IrainlrrJ and tryvgl
70.637 10.&55
86.052
12,902
70,472
19.297
11.500
55,518
4.179
78,994
11,500
40,172
9,289
5,133
20,410
7.018
61.311
7.533
2.889
15,695
8,740
9.161
1,126
432
2.345
37,360
8,639
4,773
18.981
6,526
2,812
65
359
1,429
491
3,321
18,tJ40
10.040
Total resource¥ ¢xpendgd
17.762 940.458 437,949
1,396,170
30,797 829,680 383,766 1.244,243
6. INVESTMENT INCOME
31.3.223
31.3.2022
Deposit account Intsrest
1,489
2,664
7. TAXATION
As a charity Cambridge Cyrenlans is exempt tsx Irts)me and gains falllng within section
505 of tha Taxes Act 1988 or s256 of the T8xation of chargeab Gains Aot 1992 tts th8 extent that
these ar6 8pptR3d to its d)adtable objects. No tsx charges have 8rf8èn in the Charity.
Pag&14
Carrljrtdge Cyrgnlans Limhd
(Llmiièd By Guaranlee)
Not•s. COnned, for1ng part of the Flnanclal statsnnts
lor th• y•ar andod 3181 March 2023
TA14GIBLE FIXED ASSETS
2022123
Building Equ1WnI
Vehicles
Total
BalanL* brought fowrd
Adcitions
Olsposals
Balancé Carried foThvard
DepsatIon
DepreatIOn broughtfoNYard
Pfovidgd in yea".
Dlsptssals in year
08prgdatton carrEed fur
Not bsx>k valué at31 Mah 2023
415.gY5
42.856
2.gJ1
5,893
26.750
50.785
536,346
2,901
21,018
518.229
15.
3S,7(KI
41ti,915
26,750
228
8,319
19.658
2,256
15,579
8,925
15,065
9,439
2.558
22,058
20,9&4
T5,564
8,547
,864
21,914
407,367
42C
4.836
26.261
442,665
2021122
8.dildiTrJ EqUIpnnI
Vèhiclas
Totsl
Salance Ixoughl for¥rdrd
Additions
Di8p05als
aalall carrfed forward
D•predatlon
Depre¢iatiDn brought foThvard
Provldad in year
Disposals in ygar
Depr8U8tK)n (*rrfed foThvt¥d
Not book vu• at 31 March 2022
26.750
15,065
35.700
90,855
451,675
6,184
536.346
415,975
6,184)
42 856
415,975
26,750
50,765
43,3
1,833
6,184
16.980
15,064
515
75,394
5,254
228
19,658
15,579
35.186
74,464
415.747
3.857
461,882
9. DEBTORS
31.3.2023
31.3.2022
TrJd¢ debtOfS- rents re¢eivabte
Other debtors and preCallent5
20,763
36.536
57,299
17,252
70,923
10. CREOITORS.. AhlOUNTS FALUNG DUE wrrHIN ONE YEAR
31.3.2023 31.3.2022
Other orS and ar18
39,173
59.332
11a. ANALYSIS OF NET ASss BErEEN FUNDS- 31th Mah 2023
The nèt assets 01 the ntricted and res!rEIXt
funds 8re 85 folk
Unre5trfctod Restrlctsd
Furtds
Funds
Total
Funds
Flxèd As58t5
Cu.Tonl Assets
Current Liabilits"ès
416.404
215,945
139.1731
593,176
26.261
38,333
442,665
254,278
139,1731
657,770
Net a55*ts at 31 March 2023
64.594
11b. ANALYSIS OF NET ASSETS BETWEEN FUNDS- 31st March 2022
Unrestrl¢ted Restrl¢tad
Funds
Funds
Total
Funds
Fixed Aat$
Current Assets
Cuent Liabilittes
426.696
234,380
159,3321
601,744
35,186
60,989
461,882
29S,369
159,3321
697,919
N8t assets at 31 March 2022
96.175
Page 15
Carnbridge fyenlans Umlled
Iumlted By Guarant841
Notss ContInL1. f¢)rniing pJri of thB Financlal StthmgTrts
lor th• yearended 31st March 2023
12a. MOVEMENTS IN FUNDS- 2022r23
At 1 Aprfl
2022
Inry)ming (lrtgoirvJ Transfws At 31 March
2023
Rèstrfctgd Fund$
Allotments
Meaningful Aetpiit
Cily Council Homde55n&8s Grant
County grant lor ex-offenders
County grant for housing rdat*l supw¥Nt
(Jder Homde55 Support
Mertsl Health Outreach
Female Homdess SLppyt
Apprti Prq'eLt Workef
Vehld8 Fund
Burs Fund
Others
12,922
16.(
15,786
18,126
2,864
2.126
8Q,O
159,053
38.7CK)
84,2n
80.0(K)
159,053
63,449
77,7
4.041
37.687
12,938
6,538
3.782
259
34.2&5
8.925
4.150
1.6&5
25,3>
2,395
14,863
13,876
2.6T2
Tota restrfct&Y
.175
401,120
437.950
5,249
64.594
Unrostrfctsd Funds
Und8signated FurK15
DeSIgnat Gra1 Funds
Totg uni&trlct& Fur
185.769
415,975
954.901 958.220
185.809
407,367
8.8
15,249
601,744
954.Wl
958,220
593,176
TotFJ funds
697,91g 1,356,021 1,396,170
657,770
12b. MOVEMewrs IN FUNDS- 2021A2
A11WI
IrKomiThJ
Outgoing Transfers At 31 March
2022
R•strlcted Funds
Allotments
MeaningfLJI Actiwties
City Q>uFKiI Homdessness Grant
County grant for EX-OffderS
County grant for k,OUsir relth suwwt
Oldw Home15 S.JJport
Men'.al Hèa5th OLrtreach
Femae HoTndess Support
Vehlc1e Fund
Bursary Furvl
4.716
5.733
17,839
14,561
5,0(N)
79,000
143.795
54.045
61.660
3.786
515
1,e02
14,561
79,(
143.795
15.¢XK)
27,785
76.732
37,687
33,875
7.567
3,782
34,285
6,545
13,876
8.147
15,839
Total reslrirted fun¢Js
113.1NJ2
383,766
55,825
96,175
Unrestrl¢t*J Funds
UndesvJnated Gollera Funds
Designat Gewal Funds
Tota5 unrestrKtwJ Funts
177,578
425,LKK)
602.578
915,468
860,477 146,8001
19.025
55,825
185,769
415,975
601.744
915.46
860,477
Total funds
715.580 1,226.582 1.244,243
697,919
PURPOSE OF RESTRICTED FUNDS
Allotrnent$'.
Prothdlng a Ihwawtic Ibjticullure Jroj1 for homdess .en and
Maanlngful ActIvI88. Offwng suptx)rt lo 1 C8mbr,ity Cyenians residenis to enabl8 th to
more readily 8r£és$ &npit)ym&rt, tranlrg and volunteering.
City Councll Homele55ne5s Grant.. For ts provision of Sem to homeless pw?le in nèed
of siitpyt.
P816
Cambrldga Cy¥#nlan8 Llmit•d
Iumlted By Guaranleel
Notès. conllnued formlng part of th? Ftnanclal St*emants
for tho 3ffjar ended 31st March 2023
PURPOSE OF RESTRICTED FUNDS- Mntlnuad
lotmonts:
Provldip,g a Iier8peu p.ortsrLIlU proiO(xfor homeless rn8n 2nd worw.
Meanlngtul Act1.
Offerir,g support to 1 Cambridge c9nianS redents to enable them to
rntsre readity access wrypbYMt. traning end wunteer.ng.
Cambrldgeshlre County Councll EX•$ Fundlng.. For aLrnndating and supporbng
8x-off8nders at the Jubi19e Pxs'ect.
Cambrtdgeshlre County Councll Fundlng: For FKWJSing rdated 8upw)rt
Older Homelo8$ Support
Providing prt to hweless men and %4Y)men over th8 age of
50 to enable th8m to acth5s and IBinta n sUtsb indepdent acoynrr¥)datlon.
Mentsl Health Outr•aeh:
A proiectto provlde spe(xalkst SUPFK•rt tr) homeless men and
women currenty living in h)s;d ao>)rnrrK)dation and WPIQ have menial health Sssue8.
Fgmalo Horn•l$ss Support..
Pn)lt(ur.ded by fkn Eriough MOth8r1 to provide support
for homeless suth as contacl iyth their children
Appr•ntJce Project W06T
to fund an ho8[g woject Irker.
Vèhlcle Fund Funds rwsed to aequire an de¢tri¢ van trj repl8 the Land Rover
Burnary Fund: Don8iTr on$ end grants elVed to assL8t dentS %¥hen nTh)ving into thdr (Ywn
o)mmodatiOn.
Otr8. Nunwrous 5fnall granTS vthK* have gratefulty received for spfiC purpose5 to fadlltats
the supwt of individual rdents.
13. OPERATING LEASE COMMITMENTS
31.3.2023
31.3.2022
Lease IXKnMltntS at Iho yaar
610.263
694.870
14. ULTIMATE CONTROLUNG PARTY AND RELATED PPRTIES
Througnout the y8ar the charity C¥)ntrol1.4)ITrUY by Lie Boare of Trustees.
No member ofthe Board or any person Inr.8¢(8d to them weivpd any lees of 8xpenses from
the ehanty during the yea., 12024f22'. £nil}. No member of Ehe Board or other person rolatgj to ihem
any interest In any contract or tranOn enlored into ty th6 chaylty rturirvJ th8 year12021122.. £nll}.
I& RECONCILIAMON OF NEf AIOVEPAEpif IN FUNDS TO CASH FLOW FROM OPERATING AcTIv5ES
2025
2022
Not movemgnt in funds
Add bad( depr9ciation
Deduct interèst incom8
IlncreaseyDecrease in dobtors and siock
InveasdlDecreas81 in ttediLOfS
Net cash u8èd In operating activttl•s
140.1491
22.058
11.4891
13,625
{20 1591
26.113
117,6611
5254
12,6641
129,4611
22.7D3
21,829
16a. ANALYSIS OF CASH PJ4D CASH EQUflALEiifs. 31st March 2023
At 1 Aprll
2022
Cash
At 31 March
2023
Cash In hand
Cash at bank
2.207
222,238
2.206
194,772
127,4661
27,467
224.445
196,978
16b. ANALYSIS OF CASH AND CASH EQUIVALENTS- 31st Mah 2022
At 1 Aprfl
2021
ash
flows
At 31 March
2022
Cash in hand
Cash al bank
2,2r
693,079 1470.8411
695.285
470,840
2,207
222,238
224,445
Pagg 17
Report of the Board of Trustees and Financial Statements
for the year ended 31 st March 2023
Cambridge Cyrenians Limited
Cambridge Cyrenlans Limtted is a charltable Company limtled by guarantee
Index to the Financial Statements
Pag6
Legal and Administrative Information
R9POrt of the Board of Trustees
Report of th8 Auditors
Ststement of Finanaal Activits8S
Balance Sheet
10
Statement of Cash Flows
Nol8s forming part of the Finarrial Ststements
12-17
Cambrldge Cyrenlans Llmlted
(Llmlted By Guarantoè
Report of the Board of Trustèes
for the ar ended 31st March 2023
Th8 Board present their report and audf(8d financial statements for the year Cambridge
Cyrenians Limited is a charitable company limited by guaranteè and is a charity r8gistered
with the Charities Commisson.
REFERENCE AND ADMINISTRATIVE INFORMATION
COMPANY NAME:
Cambridge Cyrenians knmhed
COMPANY NUMBER:
992199 {England & Wales)
REGISTERED CHARITY NUMBER.. 261994
PRINCIPAL OFFICE and
REGISTERED OFFICE..
3 Signet Court
Swanns Road
Carn1dge
CBS 8LA
DIRECTORS AND TRUSTEES - THE BOARD OF TRusfEES
S Coates
R Robertson
S Dabb
D.Glover
J Manning
N.OMey
A.Roberts
N Sh8ppard
Truscott
Giancola
J Daffram
Chair
Treasurer
(resigned 22 2 2023)
(resgned 20 5 20221
(resigned 27 10 20221
(resigned 27 5 20221
{resgn8d 22 2 20231
(appointed 27 10 20221
COMPANY SECRETARY:
James Martin
The day lo day management of the chaty is ddegated by Ihe Board of TnJs180s lo JarNe$ Martin.
AUDITORS:
Prentis & Co LLP
Chartered Accountants & Strdttjtory Auditors
11 Sc Mitton R08d
Cambridge
CB4 1XE
Page 1
Cambridg• Cyrenlans Llmited
{Llmltgd By Guarnntee)
Report of the Boarfl of Trustees
for the ygar and8d 31st March 2023
The TrLtslees present their annual reFQrt and audited financial slatemerts for the year endad 31 March
2023 which are also prgpared lo meet the requiremenls for a directorf report and accounts for
Companies Act purposes. The financial statements comply yth the Charities Act 2011, the Companies
Act 2006, the Memorandum and Articles of Association and Accofjnting and Rewrting by Charities..
Statement of Recommènded Practice applicable lo Charit$ preparing their accounts in accordance
with the Flnancial Reporting Standard applicable in the UK Re[b(l¢ of Ireland IFRS102) lupdaled October
2019, effective 1 January 20191.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Gov¢rnlng DoGum•nt
Cambridgo Cyrenians Limited is a charitate company limtted by guarantee and Is a registered
charity governed by ils Memorandum and Ar1icles of Associaiton. In the event of the charity
belng wound up members are fequired lo contribute an afflount not exceeding £1.
Recruitmont and Appointment of Tte85
The directors of the charltable company {Ihe chariv) are its truslèes referred to in the govèrning
document as the Council of Management, but referred to Ihroughout this document as
the Board of Trustees.
Under the requlrements of the Mernorandum and Articles of Assoryalion the members of the
Board arè elected to serve for a period of three years after s¥hKh they must be r8-8lecled at th8
next Annual Genefal Mgeling. Only persons vtho are members of the charity are eligible lo be
elected as members of th8 Board of Trustees.
Trustee Inductlon and Tralnlng
New Trustees ar8 pfovKled Initial inducbon into the activities of the charity by fellow
Tru81ees and the Company Secretary. They are provided wlh a sel of important documents
including Memorandum and Articles of Assoc(ation. lalesl financial ststements and management
accounts duriro their induction. Training is provided for all Trustees.
Organlsational Structure
Carnbridge Cyrenians is controlled by ils Trustees who meet al le28t every three months.
A manager is aptK)inted by the Board of Trustees to manage the day-to-day operations of the
charity.
Rlsk Managoment
The Board of Trustees conducted a review of the major risks to which the charity is exposed. A risk
register has been established and is updated at least annually. Where appropriate, systems or
procedures have been established lo mitigate the risks the charity face5. These procedures
are reviewed perh)dically to ensure that they continue lo meet the needs of the charity-
Partner Landlord$
Cambridge Cyreniang leases propefty from a number of landlords, induding.. Cambrid9e City Counry5,
Cambridge Housing Society. CatalyEI Housing Limited, The Dawe Trust and several private landlords.
Cambridge Cyrenians also has a Management Agreement with Metropolllan Housing Trust for the
management of one other property.
The accounts of Housing Assoctab'on owned prOpertS may be induded in the accounts of the charity as
well as those of the Housing Assoaation.
Page 2
Cambftdge Cyrènlans Umlled
(Llmried By Guarant8el
Report of thg Board ofTrustees- witlnu•d
for th¥ Jyar onded 31st Mar¢h 2023
REMUNERATION POLICY
Cambridge Cyren1 o)mmitted to wsuring that staff are paid In a transparent. f&r and consistènt
manner, hamny ward io boL* o*arity mad(8t coisQerdtions. and the ability of Cambrfdge Cyrenians
itsdf to pay. Thls Is so Cambr5dgg Cyrenians can atra¢t and rètan pIe with b49 rvJht skills and
th8fefor8 have the greatest impad in denrj our obi8cbv.
Cambridge CyTenians o)mpares w.lh other organisatitins ¥thIn the support sgctor. ana morè spgcifirnlly
against those organisabons whlth ar8 in direct npoIson when r( cjynes lo Ihè recwitrngnt ol high
calibr8 St8ff.
In 8wrdance with thè SORP we".
- dlsclose all payrnents lo tnstees IrK) trust are paid) an¢J experK%es rdmbursed Inole 13 to the accounts)
- di5dose the numbarol staff in rwAipt of £60.000 and ats)ve (no $taff are paid nvxe than E60.0001
. dlsclose pensltsns and other benefits lTh)ts 2 to the a(¥Unts).
OBJECTIVES AND ACTWMES
Tne objects of the tharity a the relief ol eTly. $i(*ness and old age and in partbjlar Ihp rgllaf of
homeless persons who arè in need and wuire as51Stanc8 in ath6ving 8 mr6 setued way ol lila. Thi5
is dorye by providing supportÉd housing for 103 inQNieual Men and women in small, residential,
oxjmmunlty ktU5es which respond io the rwds of )MelesS peor)le. C8tnbridg& Cyrenian5 alao orovides
additional support to thosè who are home'Rs5. or v, lnerab kK)rndes5V.85s because ol Lrtelr mental
hèalth, or old age. 8y belng Ne>3bl8 and innovative Carr.bridge Cyyén ar.s is able to respond to the ch8nglrKJ
n8Éds of homeles5 people.
The objectives lor thls year wèrè to (yjntinue and devek)p tha suppcwted aCMmOdat)n
subject to $8tisfactoryfunding arrangem6nl3.
The specffic objectiV8s for thls rWe to address the key piiorib•S se¢ out in the Bus%n8ss PLan, indudlng.. .
Secure new mi of
assurance conduson Ihereon.
In connedon th our audit of the financial statements, our responsibilty is to read other infomialion and, In doiro so,
Gonsidèr thether the other infomiation is materially inconsistent wth thè flnarrial ststements or our knedge oblain&d
In th8 audit or otherwise app8ars lo be Thaterially misstated. If we idtfy Such rllat¢rial inconsistencies or apparent material
misslatemenls, we are required lo delermSne whelherthere Is a material misstatem1 in tha finanaal slalements or a
matérial rni88tatsMent of the other infomiation. 11, based on th8 we have pgforned, we conclude that Ihefe is g
material misstatement of this other Infonnation, Y are required to rept thatfacL
We have noihing lo pOrt in thls regard.
Opinlons on otr matter5 pr•scribed by the CoFnp8nl•s Act 2008
In our opinion, based on thè work urKlertoken in the rse of ihe audit
the Inforrnalon given in the annual Teport for the finanrAal year for %thich tho finanaal stal8ments are prepared 1$ tSistenI
with the financial statements,. and
thè trusloes report h&$ been prepared In ac¢ordBnce 1th appIlble l&381 roquiremenls.
Page 6
Cvrnbd CJr8nSans Llmll•il
(Limknd by Guarant*)
Ind8pend&nt Audltgrs. Report to Ihg M¢mbgTS of C•nbridy Csronlans Lhnlted
for t yea¥ endod 315t hlarch 2023 - contlnuBd
Matter8 on whlch w8 aré r8qvlr8d to report by gxwlon
In the Ilght of the knovA8dgè and tmd8rslanding oflhè Charlty and Tts wMent0bts1n*j in the oJur5e of ts ast,
hav8 TK>t idenllfied material misstatemts In Annual RwrL
We have noth:'ng to r8port In r8$P8Ct of the lolkn*lng mati•rs In rdalknn kn %thich Ihe c(mnpans Aci ruIres U5 to
reportto you If, in our oplnion..
adaquale accounting CordS have mt b88Th kept or rm6 •Jwuaie fOrwa[t hav8 rnlbe ved from branchg5
not wsit8d by us.,
. the flnanaal 5tatem8nts a nat h agreemtV1th tre rwds aTrJ r8bmS'.
certaln dl6closurès of tDJstoes' mnall(> 5pedfi8d by laware t m*.. (
we have mt obtained all the Infomauw. and explanatsons nacessary forlhe ofewalL
Inslees were no". eniiied to prepare the f5nal18l stae[sts in aurdar,cE V+ith lh8 small (yjMpaB r89ime s1 take
advantagoof thE sms11 L¥Jmpanlas oxetnpUon$ in preparir¥J the trustee's a5 from lh& rOqLif8mt to pr&p2re a strateglc
report.
Rosponslblllll88 of thè truslee8
As explaln8d more hjly In tho truste. résp)nsiNf.Ues stat8rnWt set Obi on page 5 the tAtea8 are resrenslble for the
Èparation of the financi 5tatenents 8nd for linG $atsfi*l lha+ tb.ey swe a trJ8 apd fair wiew, and for5uth inlwnaS
cAnlroS as tw deiermlnols necesw trj enatAg lh8 pre4)aralJon of fin8rK4al Statents that tree from rnaterial
mlsst8t8ment. whalherduè io traLvI or error.
In pr9parfng tha finan&al 51atemwts, the trustees are roSpN1&fDT assesslry Ih8 Chariils to rJJntinue as a gdrrfJ
cortern. dtsc10ng. as applicabb. mattws r81aled to wng ¢xp.c8m and the L¥)trKm basL8 pfa)Unting unl8SS
the trustees dth&r inter<1 to fiquidate the Ctradty or to ceasE opw3tiap8, or hav6 Ni reali8Uc *.mava bul kn do so.
Audltorg. rasp¢n$lbllltl85 forth8 wdlt of thB fiTranclal 8t*qrnonts
OUT obie¢tiv85 art to ODtaln reaso& aSr8nCe aLy)ui**ether the fina[81 sia18rn8nts as a tho1& are free from matrerial
mlsstatemeN, vthetherduo to fud or grw, and D issue an Auditoes rewrtthat.'ndJdes our Opinn. ReaSDnatAè a88uraKe
15 a hlgh level of assurano, but li pot a gbaonlee an audit wvJud8d in aGwlancewitr. ISAS IUKI W.118knpdyS deteol
a material tni5Stai&m8nt when It 8xists. MisstatW.8nls arise from tral or wror a malsfjl If, Indiwdually
or In th8 aggregate. they muld reasonatrAy be 6xpeu8d io nflUenCe tre ecorth7 dec4Siors of U&8 tdken on the ba$ls of
th88e finanu21 sialgm8nts.
Irregatles. indudlro fraud. are instance5 of lance la arvj rESulab(*. The Wmary respolln511Ity for tb8
prevenlon and delactlon of irregularfues fraEkl r8sts with both tr.e rnanagemwi knose L*wged governan
of the t*,arfty. Wo d&slgn8d wocedures In Ilne wiVI our respolbIlItie5. ouf.In* *Jove, iodeiect mat8rfal misststements In
respect of Irr8gularibes. Inciudir¥ fraud. The gtr.. toYthir* ow woce(knre5 a* capabK8 of deiec*ng irE8gJlarilles. includlng
fraud IB delled bdow.
hav& consld8red tts natureol the iU8 sector, ntrol eNm9)t, law5 and reglatS and bwine$$ performancg,
01 charfty, Indudng its remunerdtion policAes. La arKi regulatkns iUdg. bulhwe not I11t& to, the
CoMpanS Act 2000, FRS102, Chadty SORP aThJ UK taxats'on legi*tion.
We hava quIr with managTrt In regards to thw assessmentof trt risks of irrwJL4arth'es, IIlKIlg fra. W8 a150
anqulred of manag8m8ntand those charggd gov8rtrance as to any kr1) iftstances of or suspected
nOn-mplI8ce wi. laws and regaOnS.
We have obtained r818vanl docaATrentation and wr83entstion$ In Ord to fL¥m an on kyjtential Irregar18$. indudi
fraud,
We ¢onsideTed the op[rbjn1yeS and IntiVeS Ihalrnay eytslvAIM Ihe 0ryjanisan for fraud.
Ba88d on this under5tandlng, we desigW spec4fic aLrt rMrK*lures to ify listarKosof -t7[Alan with laws and
rUlationS. Induding obtslnlnG addibonal corrobor8v8 8*ider as Exampi8S of prd$ indud&d r8VIng lary8
and unusual trsa¢00nS, revithng larg8 upexpecteij ¥ap.an, N)umal wbfjes. and rwthng18gal corr85p)nd
There ar8 Inhwwt limltations In ts audit d8SGDbaJ atA)ve. rntlea5ta5 saMpTra is Lrte.. Intemabonal Stsn(fard5
on Audiling, tharefore not all transactio.is ar8 rev1th. This means there L8 a risk wll notdetectall irr8gularfUes Indudiry ihDse
leading lo a maleria,, mls$tatem8nt in the finanraal or r..-ClK¥ia ritiOns. The risk of not det8¢Ung
material mk55tai8rnenl due to fraud is also h:"Gher an the risk of one froffl erw. as fraud may Ir1¥8
delibera18 concealmer.I by, for example, forg8ry. lolluon, omisgon. ar irrtenODpAI misrentatio.
Page 7
Cambrldge Cytsnlans Umitsd
Iumlted by Guarant••l
Independant •ludltor8' R¥port to the Membern ot Cambr5dge CJryY&nlans Llmltod
for the yr end•d 31st Marth 2023 - wittnu
A further descripllon of our r88ponsibilities forthe audti of thè financial stsloments is locatèd on the Financial Reporting
Council'8 webslts al.. .frC.0g.Uj3udllo1sr0SpOnSibll8s. This dption foms partof our R8PQrt of the Audilors.
Use ofour roport
Thls rèport Is madg solely to Ihe Chajtys member3, 88 8 body. in aCrda1 *lth Chaptsr 3 of Part 18 of tho Componies
Act 2006. Our audit work has been undertaken that we rnwJht stats to the ChaTity's rn¢mbws thos& matters, ws arg requlred
to stats to them in 8 Report oflhè Audltots and for other purpose. To the fullest exlent pemitted by law, we do not accept or
8ssum8 respon51bllity to anyone other than the Charfty's members 88 8 body. for our audit worfo, for this report, orfor tha
oplnions wo have fomed.
Ipley, Sanlor Statutory Auditor
for and on bahall of Prenlls & Co LLP
Chartared Accountants StsbJlory Audllor5
115c Milton Road
Cambridg&
CB4 1XE
Page 8
Cambrldge Csry•rtt Umited
(Llmitwj By Guvant•èl
8tatomont of
Includlng Incrmne a1 Expendlturg Account
for the yearended 31Jt March 2023
De¥gn&ted Rqthdad
Fund8
Total
Furtd8
Y&arsnded
31.3,2022
Funds
Funda
Furtd$
Yeare
31J2023
FLd5
Income frorn:
Donatlon¥ #nd legaclès
15.863
19,863
14.106
4D,199
54,305
Charftablg OCtl¥Ette$'.
Net r8lltal Income of housing projects
CDunty Couneil grants for suwort ol raSidlS
Gran15 from Trus1$
C8mbridg8 Cty Couqdl homd885nass orant
Sundry Incom Grts COVID support
Sundry Inc4)me- profil sale of vehiclè
923.850
923,850 880,998
239,053
154.933
860,998
222,795
47,785
2,462
35,S73
239,053
154,933
222.795
47,785
2.462
35.239
3.134
3,134
13,7(MJ
334
13,7(X)
937.550
397,120 1.334,670
898.699
270,914 1.169,813
Imi•stment income
2,664
2.664
Total Income
954,901
401.120 1.3S6,021
915.468
311,114
1.226,582
ndlture on:
Costs ol ra8ing funts
Expendiluro on Charitable
Total ExndItUre
17.762
17.762
37,950 1,378.408
437.g50 1.3,170
30,797
829,680
30,797
1,213,446
958.220
860,477
383,766
1.244,243
Net mo¥em•nt In funds
Transfer bètween fvnds
{3.3191
(5.2491
(36,Wl
5,249
(40,1491
54,992
155,8251
(72.6531
55.825
117,6611
12
18,568)
8.PJ)B (8,6081
131,5B11
140,1491
{8341
118.8271
117,6611
Adjust surn designa18d ro office pretni5es
9.025 {9,0251
{8,e081 131.5811
{40,1491
8,191
Ig.0251 116,8271
117,681
Roconcillatlon of Funds..
Total Funds i¥tyJghl forward
1&5,769 415.975
96.175
697.919
177,578 425,000 113,002
715,580
Total Fund$ carrled forward
185,809 407,367 64594 65T,770
185,769 415,975 98,175
697,919
The statement of firancw lYe5 Indud85 dl gans and ts5es in the year. AJI iniyjne and eXpltUre dVed ar
from conlinuiru actfvlti8S.
The deficll for compani Act purpcBes was £40.14912021f22: £17.661}
The notes on pag8s 12- 17 lomi part of thesefinaNal $taL(S
Paje g
Cambridgè Cyrenians Limited
{Limlted By Guarantee)
Balance Sheet
at 31st March 2023
31 Marc* 2023
31 March 2022
Notes
FIXED ASSETS
Tangible Fixed Assets
Total Frxed Assets
442,665
461,882
461.882
442,665
CURRENT ASSETS
Debtors
Cash at Bank and in Hand
Total Current Assets
57.299
196.979
254.278
70,924
224,445
295.369
16
CREDITORS:
Arnounls falling due Mthin one year
10
3Y,173
59.332
NET CURRENT ASSETS
215,105
NET ASSETS
657.770
697,919
THE FUNDS OF THE CHARrrY
12
Unreslrtcted Funds
UndAsignated
Deslgnated
185.809
407,367
593.176
185,769
415,975
601,744
Reslricled Funds
64,594
,175
TOTAL CHARITY FUNDS
657,770
697.919
The accounts have been prepared in accordance wth the Provisions of the Companies Act 2006
applicable to Charit subject to the small companies regime.
Approved by th8 Board of Trustees on ?K fy/ L i p Il
Signed on behalf of the Board of Trustees
obertson FCA
TreaSur
The notes on pages 12 - 17 fomi part of these ffinanci ststements
Page 10
Cambridg8 Cyrénians Llmlted
{Limited By Guarantee)
Statèment of Cash Flow5
for the year endgd 31$¢ March 2023
Year ended
31.3.2023
Year end
31.3.2022
Note5
Cash flow from operating acttvilies
15
26,113
21.830
Cash flows frorll Investing activllles:
Interest incorne
Puf¢hase of tangible fixed assets
1,489
(2.901 }
2,664
(1,675)
Nel cash provi(ied byl(used inl investsng acbvitl&s
1.413
449,011
IDecreaselllncreas& In Cash and Cash Equwalents In Year
Cash and Cash Equivalerts at Beginning of Year
(27,5251
470,841
224.444
695,285
Cash and Cash Equivalents at End of Year
16
196,919
224,444
Page11
Cambrldgo Cyrenians Umited
(Llmited By Guarantee)
Notfjs fOnIng part of the Financlal Statements
forthe year endod 31st March 2023
ACCOUNTING POLICIES
Cambridge CyTenians Mited is a charitable Company limited by guaranl8e. The acLounting poliGies are
listed below and have been apled consistenUy througnoui the year and in the praceding period.
{al Basis of accounting
The financial statements have been prepared in accordancE wtth Accounting and Reporting by Charities..
Statement of Recommended Practice applicable lo charittès preparing their accounts in accordance with tho
Financial Reporting Standard applicable in the UK and Republ of Irdand (FRS 1021 (issued October 2019,
Bffecllve 1st January 2019}- (Charities SORP IFRS 10211, the Finanal R6porting Standard appllcable in the
UK and Republicof Ireland (FRS 1021 and the Companies Act 2006.
Cambrldgo Cyrenlans Limited meets the definition of a pvbil¢ benefit 8nb.ty uder FRS 102. Assèts and
liabilili8s are Initially recogni8ed at historical cost or transact(on value unless Dtherwse staled in th8
relevant accounting poll¢y noÈe(s)-
The trustees consider that there are Th) material uncertainties about the charitys ability lo continue as a
going concern.
Ib) Fund a¢countlng
Reslricled funds are subject lo the Ilmtiatlons on their us8 swxfied by the donors or othgr provitjers.
Unrestricted funds are available for use at the discretion of the TnJslee$ in furtherance of thè general
objectives of th8 charty.
{¢) Incomg
All income is included in the 5talemonl of financial activities when the charity is entitled
to the income and the amount Can be quantffied with reasonable accuracy. The followng 5pecrfic policies
are applied lo parttcular categories of income..
Voluntary in¢ome is received by way of grants, donations and grfts and is included in fijll irn the Statement
of Financial Activrfties when receivable.
The value of services provided by volunleors has not been include(1 in these aunts.
Investmanl income Is induded when r1Vae.
Incoming resources from charitable activity are accounted for when earned.
{dl Expenditura
Expenditure is recognised on an accrual basi5 as a liabiltiy is incurred. Expenditur8 includes VAT which
cannot be fully recovered and is reported as part of the expendiluw lo which il relates. Costs of generating
funds comwi5e the costs aSsoated with attracting voluntary income.
Gharilable expenditure comprises those costs incurred by the charity IN the delivery of ils activities and
Services for its beneficiarie$. It includes both costs that can be allocated directly to such activities and
those costs of an indirect nature necessary to support them.
Governance costs include Ih05e costs associaled wth meeting the (xjnstiknlional and flnanclal stalulory
requirements of the charity and indude the audf( fees and the costs of preparation of statements.
All costs are allocated between expenditure categories on a basis designed to reflect the use of the
resource. Costs relallng lo a particular activity are allocated direcdy, others are apportiorned on the
the basis of staff time spent oll the acb'vity.
Page 12
Cambrldge Cyrenlans Limrted
(Llmitad By Guarantoel
Not8s. contlnued. formlng part of the Flnancial Statements
for the year •nded 31st March 2023
1. ACCOUNTING POLICIES {contlnuedl
101 Fixèd Assets
The charity has a policy of wrlting off any capital items whlth cost less than £3,OW. The nare of the
charivs aclSvities means such iteffls have an average useful lrfe of less Ihan one year.
Depreclabon is promded on all 18n9ible fixed assets at rates calculated ID Vrrite off the costs18SS
&stimated residual v81ue of eath asset over its eXpd useful life as follows".
Equipment
25°k straight line basls
Soare
10% straight line basis
Vehicles
25% straight line basis
Office Bui5dlng
2% strdight Ilne baS
Ifj Oporating Leases
Rentals applicable to operating lease5, where substsntially all the bwfits and risks of ownership
remair) with 1h81ossor, are charged 8gainst Incon as incuffed.
Ig} Dabtors
Trade debtors and other debtors are renised at their setUent amount duè after any dixounts.
Prepayments ar8 valued at the amount prepaid net of 8ny trade discount due.
Ihl Credltors
Credllors and provlsions are rec(gnis8d where the charfty has a present obligation resultiny trom a past
event that w511 probably rosult in the transfer of fJnds to a third party and the amount duè to setU8 the
obligauon can be measured or estimatsd reliably. Credlt¢xs and provi&ons are nomally racognised al thair
settlement amount after allowing for any trade discounts due.
2. STAFF COSTS AND NUM8ERS
Wa
es and
al8ries
Salaries
Employer'5 Soclal Se¢urity
Employels Penc Costs
31.3.2023 31.3.2022
555.238
48.717
27,741
505,834
38,744
25,941
631.896
570,519
The average weekly number of employaes durfng the year wa5 as fo11¢y..
Project Staff
Administration Staff
19
18
24
22
No employe8 has eamed more than £60,000 per annum in the 2022123 or 2021122 flnancial years.
The kay managemènt are the trustees who ar8 nol remuner81ed. together With the Manager and
Deputy Manager whos8 aggregate remuneration amDuntpJJ to £108.499 12021r22'. £101,73tI
3. PENSION SCHEMES
The Company contributes to defined contribulion pension schemes for each employee who wishes to
estsblish such a scheme. The assets of the scheme are held sèparately ffom those of the charity in
independently adrllinislered funds. There wor8 no rA)nlributions outstanding al tho year end.
4. NET INCOMING RESOURCES FOR THE YEAR
31.3.2023 31.3.2022
The Dperating surplus is stated alter charging..
Audilorfs remunerats.on for.
audit services
other ServIS
4,383
3.203
4,025
2,954
Page 13
Cambrfdge Cyrgnlans Umited
{Umltsd By Guarantee)
Notos, contlnued. forming part oftho Finatal Statsmants
for the year•rKl•d 31st March 2023
* EXPENDITURE
31.03.2023
Total
31.3.2022
Total
Costs dlr•ctly allouted to a¢tlvltl•s
Staff salaries & wages
Trainlng, travel etc
Rent payable
Coundl tax & ulilttI&s
Food
Equipment malnlenance
and rèntals
Equlpment & V8hide Deprriatlon
V8hlcle Running SIS
Property Tllainlenance
and repalrs
Household & Dir8¢t Costs
Soclal and Wélfare
184.098 385.429
1.824
5,285
287,524
116,845
33,195
569,527
7,110
287.524
117,023
33,195
1S7.801 352.788 510,589
2,W2
4,987
6,969
262.427
262,427
112,149
112,235
33,556
33.556
178
68.299
53,328
270
53.328
785
2,596
8.925
214
9,919
214
515
2.596
36,232
39,666 12.423
1.163
36.232
52.089
1.163
32.891
39.152 12,592
562
32,891
51,744
Goveman¢• costs
Audit fees
3,813
570
4.383
3,744
282
4,025
Support ¢osts all¢K*¢d to actmtles
Génawl affice and finance stsff
4,860
FundraIr@ wn$ulLants
12,902
General admlnlstration
PTemis8S
Insurance
SofLware support & depreaation
Racruibnenl, IrainlrrJ and tryvgl
70.637 10.&55
86.052
12,902
70,472
19.297
11.500
55,518
4.179
78,994
11,500
40,172
9,289
5,133
20,410
7.018
61.311
7.533
2.889
15,695
8,740
9.161
1,126
432
2.345
37,360
8,639
4,773
18.981
6,526
2,812
65
359
1,429
491
3,321
18,tJ40
10.040
Total resource¥ ¢xpendgd
17.762 940.458 437,949
1,396,170
30,797 829,680 383,766 1.244,243
6. INVESTMENT INCOME
31.3.223
31.3.2022
Deposit account Intsrest
1,489
2,664
7. TAXATION
As a charity Cambridge Cyrenlans is exempt tsx Irts)me and gains falllng within section
505 of tha Taxes Act 1988 or s256 of the T8xation of chargeab Gains Aot 1992 tts th8 extent that
these ar6 8pptR3d to its d)adtable objects. No tsx charges have 8rf8èn in the Charity.
Pag&14
Carrljrtdge Cyrgnlans Limhd
(Llmiièd By Guaranlee)
Not•s. COnned, for1ng part of the Flnanclal statsnnts
lor th• y•ar andod 3181 March 2023
TA14GIBLE FIXED ASSETS
2022123
Building Equ1WnI
Vehicles
Total
BalanL* brought fowrd
Adcitions
Olsposals
Balancé Carried foThvard
DepsatIon
DepreatIOn broughtfoNYard
Pfovidgd in yea".
Dlsptssals in year
08prgdatton carrEed fur
Not bsx>k valué at31 Mah 2023
415.gY5
42.856
2.gJ1
5,893
26.750
50.785
536,346
2,901
21,018
518.229
15.
3S,7(KI
41ti,915
26,750
228
8,319
19.658
2,256
15,579
8,925
15,065
9,439
2.558
22,058
20,9&4
T5,564
8,547
,864
21,914
407,367
42C
4.836
26.261
442,665
2021122
8.dildiTrJ EqUIpnnI
Vèhiclas
Totsl
Salance Ixoughl for¥rdrd
Additions
Di8p05als
aalall carrfed forward
D•predatlon
Depre¢iatiDn brought foThvard
Provldad in year
Disposals in ygar
Depr8U8tK)n (*rrfed foThvt¥d
Not book vu• at 31 March 2022
26.750
15,065
35.700
90,855
451,675
6,184
536.346
415,975
6,184)
42 856
415,975
26,750
50,765
43,3
1,833
6,184
16.980
15,064
515
75,394
5,254
228
19,658
15,579
35.186
74,464
415.747
3.857
461,882
9. DEBTORS
31.3.2023
31.3.2022
TrJd¢ debtOfS- rents re¢eivabte
Other debtors and preCallent5
20,763
36.536
57,299
17,252
70,923
10. CREOITORS.. AhlOUNTS FALUNG DUE wrrHIN ONE YEAR
31.3.2023 31.3.2022
Other orS and ar18
39,173
59.332
11a. ANALYSIS OF NET ASss BErEEN FUNDS- 31th Mah 2023
The nèt assets 01 the ntricted and res!rEIXt
funds 8re 85 folk
Unre5trfctod Restrlctsd
Furtds
Funds
Total
Funds
Flxèd As58t5
Cu.Tonl Assets
Current Liabilits"ès
416.404
215,945
139.1731
593,176
26.261
38,333
442,665
254,278
139,1731
657,770
Net a55*ts at 31 March 2023
64.594
11b. ANALYSIS OF NET ASSETS BETWEEN FUNDS- 31st March 2022
Unrestrl¢ted Restrl¢tad
Funds
Funds
Total
Funds
Fixed Aat$
Current Assets
Cuent Liabilittes
426.696
234,380
159,3321
601,744
35,186
60,989
461,882
29S,369
159,3321
697,919
N8t assets at 31 March 2022
96.175
Page 15
Carnbridge fyenlans Umlled
Iumlted By Guarant841
Notss ContInL1. f¢)rniing pJri of thB Financlal StthmgTrts
lor th• yearended 31st March 2023
12a. MOVEMENTS IN FUNDS- 2022r23
At 1 Aprfl
2022
Inry)ming (lrtgoirvJ Transfws At 31 March
2023
Rèstrfctgd Fund$
Allotments
Meaningful Aetpiit
Cily Council Homde55n&8s Grant
County grant lor ex-offenders
County grant for housing rdat*l supw¥Nt
(Jder Homde55 Support
Mertsl Health Outreach
Female Homdess SLppyt
Apprti Prq'eLt Workef
Vehld8 Fund
Burs Fund
Others
12,922
16.(
15,786
18,126
2,864
2.126
8Q,O
159,053
38.7CK)
84,2n
80.0(K)
159,053
63,449
77,7
4.041
37.687
12,938
6,538
3.782
259
34.2&5
8.925
4.150
1.6&5
25,3>
2,395
14,863
13,876
2.6T2
Tota restrfct&Y
.175
401,120
437.950
5,249
64.594
Unrostrfctsd Funds
Und8signated FurK15
DeSIgnat Gra1 Funds
Totg uni&trlct& Fur
185.769
415,975
954.901 958.220
185.809
407,367
8.8
15,249
601,744
954.Wl
958,220
593,176
TotFJ funds
697,91g 1,356,021 1,396,170
657,770
12b. MOVEMewrs IN FUNDS- 2021A2
A11WI
IrKomiThJ
Outgoing Transfers At 31 March
2022
R•strlcted Funds
Allotments
MeaningfLJI Actiwties
City Q>uFKiI Homdessness Grant
County grant for EX-OffderS
County grant for k,OUsir relth suwwt
Oldw Home15 S.JJport
Men'.al Hèa5th OLrtreach
Femae HoTndess Support
Vehlc1e Fund
Bursary Furvl
4.716
5.733
17,839
14,561
5,0(N)
79,000
143.795
54.045
61.660
3.786
515
1,e02
14,561
79,(
143.795
15.¢XK)
27,785
76.732
37,687
33,875
7.567
3,782
34,285
6,545
13,876
8.147
15,839
Total reslrirted fun¢Js
113.1NJ2
383,766
55,825
96,175
Unrestrl¢t*J Funds
UndesvJnated Gollera Funds
Designat Gewal Funds
Tota5 unrestrKtwJ Funts
177,578
425,LKK)
602.578
915,468
860,477 146,8001
19.025
55,825
185,769
415,975
601.744
915.46
860,477
Total funds
715.580 1,226.582 1.244,243
697,919
PURPOSE OF RESTRICTED FUNDS
Allotrnent$'.
Prothdlng a Ihwawtic Ibjticullure Jroj1 for homdess .en and
Maanlngful ActIvI88. Offwng suptx)rt lo 1 C8mbr,ity Cyenians residenis to enabl8 th to
more readily 8r£és$ &npit)ym&rt, tranlrg and volunteering.
City Councll Homele55ne5s Grant.. For ts provision of Sem to homeless pw?le in nèed
of siitpyt.
P816
Cambrldga Cy¥#nlan8 Llmit•d
Iumlted By Guaranleel
Notès. conllnued formlng part of th? Ftnanclal St*emants
for tho 3ffjar ended 31st March 2023
PURPOSE OF RESTRICTED FUNDS- Mntlnuad
lotmonts:
Provldip,g a Iier8peu p.ortsrLIlU proiO(xfor homeless rn8n 2nd worw.
Meanlngtul Act1.
Offerir,g support to 1 Cambridge c9nianS redents to enable them to
rntsre readity access wrypbYMt. traning end wunteer.ng.
Cambrldgeshlre County Councll EX•$ Fundlng.. For aLrnndating and supporbng
8x-off8nders at the Jubi19e Pxs'ect.
Cambrtdgeshlre County Councll Fundlng: For FKWJSing rdated 8upw)rt
Older Homelo8$ Support
Providing prt to hweless men and %4Y)men over th8 age of
50 to enable th8m to acth5s and IBinta n sUtsb indepdent acoynrr¥)datlon.
Mentsl Health Outr•aeh:
A proiectto provlde spe(xalkst SUPFK•rt tr) homeless men and
women currenty living in h)s;d ao>)rnrrK)dation and WPIQ have menial health Sssue8.
Fgmalo Horn•l$ss Support..
Pn)lt(ur.ded by fkn Eriough MOth8r1 to provide support
for homeless suth as contacl iyth their children
Appr•ntJce Project W06T
to fund an ho8[g woject Irker.
Vèhlcle Fund Funds rwsed to aequire an de¢tri¢ van trj repl8 the Land Rover
Burnary Fund: Don8iTr on$ end grants elVed to assL8t dentS %¥hen nTh)ving into thdr (Ywn
o)mmodatiOn.
Otr8. Nunwrous 5fnall granTS vthK* have gratefulty received for spfiC purpose5 to fadlltats
the supwt of individual rdents.
13. OPERATING LEASE COMMITMENTS
31.3.2023
31.3.2022
Lease IXKnMltntS at Iho yaar
610.263
694.870
14. ULTIMATE CONTROLUNG PARTY AND RELATED PPRTIES
Througnout the y8ar the charity C¥)ntrol1.4)ITrUY by Lie Boare of Trustees.
No member ofthe Board or any person Inr.8¢(8d to them weivpd any lees of 8xpenses from
the ehanty during the yea., 12024f22'. £nil}. No member of Ehe Board or other person rolatgj to ihem
any interest In any contract or tranOn enlored into ty th6 chaylty rturirvJ th8 year12021122.. £nll}.
I& RECONCILIAMON OF NEf AIOVEPAEpif IN FUNDS TO CASH FLOW FROM OPERATING AcTIv5ES
2025
2022
Not movemgnt in funds
Add bad( depr9ciation
Deduct interèst incom8
IlncreaseyDecrease in dobtors and siock
InveasdlDecreas81 in ttediLOfS
Net cash u8èd In operating activttl•s
140.1491
22.058
11.4891
13,625
{20 1591
26.113
117,6611
5254
12,6641
129,4611
22.7D3
21,829
16a. ANALYSIS OF CASH PJ4D CASH EQUflALEiifs. 31st March 2023
At 1 Aprll
2022
Cash
At 31 March
2023
Cash In hand
Cash at bank
2.207
222,238
2.206
194,772
127,4661
27,467
224.445
196,978
16b. ANALYSIS OF CASH AND CASH EQUIVALENTS- 31st Mah 2022
At 1 Aprfl
2021
ash
flows
At 31 March
2022
Cash in hand
Cash al bank
2,2r
693,079 1470.8411
695.285
470,840
2,207
222,238
224,445
Pagg 17