ANNUAL REVIEW 2023–2024 cambridgecyrenians.org.uk ## Our Vision Cambridge Cyrenians provide supported accommodation for nearly 100 men and women experiencing or at risk of homelessness in Cambridge. Most of our accommodation is in shared houses rather than large hostels, where residents are encouraged to take responsibility for their lives and futures. Our mix of long-stay, short-stay, and move-on houses, along with specific accommodations for women, ex-offenders, and those in employment, helps residents secure long-term housing and leave homelessness behind for good. To support anyone at risk of or experiencing homelessness, no matter their background or past, to have an equal opportunity to fulfil their potential. ## Our Mission To support and empower those who are homeless or vulnerable to homelessness and to make a positive difference to the quality of their lives. ## Our Values 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. Pioneering: Leading in new and innovative ways of supporting homeless people and finding solutions to the challenges of homelessness. 2 ## Chair’s Report After the difficult years of first the Covid-19 pandemic and then the energy and inflation crises, it is good to be able to report on a year of recovery. This was especially financial recovery which rebuilt our reserves, but also re-establishment of our core work of helping, with support as well as accommodation, over 100 men and women who would otherwise be at risk of being homeless. It is apparent however that increasing numbers of those people referred to us have higher levels of need than previously. The number of people coming to us with combined alcohol and drug dependency is increasingly above the levels we are used to, and to which we are funded to provide services. Despite this we were still able to accept 94 of the 212 referrals in 2023/24. Our team of staff and volunteers continue to provide extensive levels of support, often going the extra mile when needed, and on behalf of the board, I thank them for that. It is very much our ambition to develop the skills of the team, along with increasing opportunities for the them and trustees to work collectively in developing our work with people experiencing homelessness. In relation to providing accommodation, our plans for the future are for the properties we use being better insulated and energy efficient; to begin investing in purchasing properties and reducing the number of houses rented; and to open two houses in South Cambridgeshire we have been seeking for some time and for which we have funding for support of residents. Pressure of work and family led to our Chair of Trustees, Sarah Coates, having to step down both as chair and trustee. We thank her for her very extensive contribution she made over many years and send her our best wishes for the future. New trustees have, or are about, to join us and I thank all the members of the Board for their commitment and support. _Richard Robertson—Chair of the Board of Trustees_ 3 ## Director’s Report While not a year of great changes, this financial year was an important period of consolidation and stability allowing us to recover from the difficulties of the Covid-19 pandemic and cost of living crisis. The hard work of our committed staff team led to a year of strong financial performance and allowed us to mitigate the financial pressures we had faced in the previous year. In October, we realised the long-term goal of having a dedicated role of Community Engagement and Fundraising Manager on the staff team. The role has given us the resource we needed to increase our engagement with the local community and events, raising our profile and promoting the good work that Cambridge Cyrenians provides year after year. We also handed back one of our longest standing properties at Carlyle Road. While this was a slight reduction in our Supported Accommodation service it allowed us to concentrate on the smaller shared housing that our commissioners prefer and help our residents move on and out of homelessness permanently. While a relatively quiet year for fundraising, we were incredibly pleased to receive additional funding of £41,390 from the Government’s Community Organisations Cost of Living Fund delivered by The National Lottery Community Fund. _James Martin—Director_ 4 **----- Start of picture text -----**
65 people
Our year in numbers
supported by
the Older
Homeless
21 Service
42
residents
properties
received one-to-one
Mental Health support
79
people made 148 people
positive moves from and
supported
within our service, including
through our
47 who moved away from
accommodation
homeless services
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## 2024 Resident Survey In our 2024 resident survey, of the residents who responded* - 89% were satisfied with the quality of their accommodation. - 86% said that maintenance issues were resolved quickly.  86% said their quality of life has improved since they started living with Cambridge Cyrenians.  83% said they feel well supported to engage with hobbies, interests, volunteering, or paid work.  91% said they know how to get help with their mental health if they need it. _*Sample size of 36._ 6 ## Accommodation Service Our accommodation service provides comprehensive housing and support for people experiencing homelessness in Cambridge. We offer tiered accommodation options to meet different needs, including accommodation for people in employment, long-stay and short-stay options, Housing First flats, female only accommodation and move-on houses with tailored support from a team of Project Workers. Right now, we manage 21 properties in Cambridge, providing supported housing to 92 people at any given time. This year, we’ve maintained a 95.13% occupancy rate, successfully getting people off the streets and into homes, despite challenges like increased referrals for people with higher support needs. One of our key initiatives is the Jubilee Project, which provides housing for ten individuals with offending backgrounds. Housing ex-offenders is crucial for reducing reoffending and helping them reintegrate into society. Our Project Workers work with agencies like the Probation Service and health professionals to support residents in reaching their goals. We also made some changes this year in response to referral needs. We converted one of our two female-only houses to a mixed-sex house due to decreased demand. We also closed one of our two short-stay houses, making sure residents were offered alternative accommodation and redistributing vital Project Worker capacity across our other projects. **----- Start of picture text -----**
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7 Photos by Cambridge Cyrenians ## Case Study — Kayleigh Kayleigh lived with Cambridge Cyrenians twice. The first time she abandoned her accommodation. The second time she flourished, finding work and successfully applying to the City Council’s Rough Sleeping Accommodation Programme (RSAP). Now she is looking to move into long-term independent accommodation. In 2018, after becoming homeless, rough sleeping, and some time in a hostel, Kayleigh was referred to Cambridge Cyrenians. After less than six months she had abandoned the tenancy. However, the abandonment wasn’t the end of Kayleigh’s journey. Two years ago we received another referral for Kayleigh and found her a space in a move-on house. This time she felt ready to make a change. Kayleigh says she found it helped to live in a smaller shared house, further from the city centre. “A lot of my drug use was in town. I still had to be the person who decided to stay away but being in a different environment, away from town, helped me a lot.” When asked how support from Cambridge Cyrenians helped her get to where she is today, Kayleigh says that a lot of it was down to her Project Workers. “It was good to have someone there that you trust, someone who is there to support you. And it not being family who has to do that. If I needed them, they were there. I could just get on with what I needed to do.” Things are looking up for Kayleigh. “Just to have my own place. To be able to work full time. I am looking forward to having a brighter future.” Kayleigh says being able to have her nieces and nephews visit her flat has been a big part of her recovery. “I have a really close bond with one of my nieces. We’ve got that connection back now.” 8 ## Older Homeless Service This year, the Older Homeless Service (OHS) team has supported 65 clients. We were unable to accept over a quarter of referrals as they had no active links to homelessness services or as their tenancies were not identified as being at risk. In our 2023 survey of clients supported by the OHS, 92% of respondents agreed that the OHS improved their self confidence, 73% agreed that the OHS improved their social interactions and/or avoid loneliness, and 100% agreed that the OHS improved their independence. The team have been working closely with Adult Social Care, who remain one of the most significant referrers to the service. Through this collaboration the team hope to better understand the increase in referrals to our service, reduce inappropriate referrals, and ensure a smooth transition for clients moving from temporary accommodation to sheltered scheme properties. Staff attended Cuckooing and County Lines training with Cambridgeshire Police, as we identified an increase in our contact with Police and Neighbourhood teams related to safeguarding vulnerable individuals. The OHS would not be possible without support from Cambridge City Council and the Tenancy Sustainment service, The Access Surgery, Cambridge City Community Safety Partnership, P3 (People, Potential, Possibilities), and Cambridgeshire Constabulary. **----- Start of picture text -----**
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9 ## Meaningful Activities Our Meaningful Activities Project provides practical support to help residents living in our supported accommodation to engage in education, training, voluntary work, and employment. Our Meaningful Activities Manager, Shanice Jones, supports residents on a one-to-one basis to understand their interests and personal strengths and identify courses and activities to increase their skills and experience in preparation for employment. We also provide residents with small bursaries for training, travel, personal protective equipment, and clothes for interviews. Cambridge Cyrenians supported 73 residents through the Meaningful Activities project during 2023/24. Of these, 26 residents attended education or training courses and learned new skills,14 gained accredited qualifications, 27 secured suitable and sustainable employment, and 9 undertook regular voluntary roles. This year, we have benefitted from a partnership working with Wintercomfort’s social enterprise, Overstream Clean and Garden. Through this partnership, Shanice and the Overstream team have been able to support residents to secure and sustain employment. _“Working with Cambridge Cyrenians and their residents has helped us to strengthen our Overstream Clean team whilst we are able to help diminish some of the anxieties behind returning to employment.”_ – Agnieszka Gada, Services Manager at Wintercomfort. **----- Start of picture text -----**
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## Case Study — Blisse* Blisse* is a resident in a Move-On house. This year, supported by our Meaningful Activities Manager, Shanice, he has been exploring new interests. Blisse’s introduction to gardening was through the Cambridge Cyrenians Community Allotment. He first visited with his Project Worker before joining the group regularly. Keen to develop his skills and become more active, Blisse took on a small patch of the allotment. Encouraged by his project at the Community Allotment, Blisse was inspired to make use the garden of his shared house to grow some produce. Working with another resident and the Cambridge Cyrenians maintenance team, Blisse started his project by tackling the grass. He then had an idea to plant seedlings in containers and plastic shopping bags. Blisse has been sharing his crops with other residents in his house, as well as Shanice and others who had helped him with the project. After his first trial, Blisse has been able to expand his project with more seeds. This year he has planted onions, potatoes, beetroots, and beans. The crops are growing well this time around. Encouraged by his project Blisse has hopes for the future: “I hope to get back to a job. One of the benefits of living [with Cambridge Cyrenians] has been the time and opportunity to get my head clearer.” He says that living with Cambridge Cyrenians has given him “something constant.” _*Name changed to protect privacy._ 11 ## Volunteers Our volunteers enrich the lives of our residents by providing practical support and positive social interactions. We continue to recruit live-in volunteers who support our Long-Stay houses and assist our residents with shopping orders, making healthy choices, and facilitating new experiences and connections. This year, we were joined by four 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 plan personalised initiatives and support tailored to residents’ interests and needs. This year this involved accompanying residents on excursions to local museums and gardens, playing chess, enjoying tea and cake with visiting students, and watching television together. This year, volunteers at our Long-Stay houses took the initiative to organise a series of events sharing foods from different cultures. At one event, residents helped to prepare their own pizzas. 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. In the past year, a small team of volunteers have also regularly supported our Community Allotment Project. 12 ## Community Allotment Our Community Allotment, managed by our Horticulture Therapist/ Forest School Leader, provides an annual programme of nature-based activities and learning opportunities for those who are homeless or are vulnerable to homelessness in Cambridge. This year saw the project build on previous successful partnerships in Cambridge and develop new local connections. In May, local small business owner Robin Standring and national cooperative, HomeHardware donated hundreds of pounds worth of compost. Robin has since generously gifted plants and equipment to the project. We enjoyed hosting a volunteers’ day in July with fifteen members of the staff team at Allia Ltd. The Allia team joined group members to build and plant our new Wheel of the Year themed garden. We have held several fundraising and awareness building events this year. For World Homelessness Day on 10th October, several of the group members held a very successful sponsored Sleep Out event. Later that month, our friends at Allia Ltd invited us to run our annual Halloween stall at their offices where we sold lots of our own produce including some massive home grown pumpkins. We have also had an amazing response from the public to our regular fruit and vegetable stalls in town this year. **----- Start of picture text -----**
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13 ## Community Allotment — A participant’s perspective “Over the last 6 years, there have been many highlights within the community allotment group, however, to name a few, I would have to include, being able to interact with others in a different environment. It’s very freeing and it supports my mental health significantly. Being able to do the sign painting is another avenue I enjoy, whereby it gives me a chance to encourage and develop my creative side. Throughout the sessions, you really feel a sense of community. However the 1:1 work, growing seeds and nurturing the seedlings gives me a sense of purpose. This is enhanced when we know we are able to harvest the produce, a key aspect of our allotment journey… picking, collecting… transporting it… creating beautiful displays to encourage the general public to enjoy our produce for a donation. Throughout the year, [we] celebrate festivals such as Beltane and have cook outs around the fire pit. It would be important to note that these would be my favourite parts of the community garden. After group, [another group member] and I either go to Starbuck’s or the Edge café, where we share a crossword whilst enjoying a coffee… friendship beyond the set group days.” Photos by Cambridge Cyrenians 14 ## Mental Health Service Our Mental Health Service (MHS) has now been in place for seven years and continues to provide invaluable support to residents. The service offers both one-to-one support for residents and advice and guidance for Project Workers. Louisa Hallisey, our Mental Health Practitioner, also facilitates liaison with external mental health professionals and services. Over the last year, residents have reported reduced isolation and loneliness as well as improved health and well-being. The objectives of the service continue to grow and adapt with the needs of our residents, however our fundamental goal is to support residents to better understand and manage their mental health in a way that works for them. During the year there have been 20 new referrals to the service. 22 residents were also discharged from the service. Alongside referrals, we run drop-in sessions at specific projects for individuals who prefer informal support. We were pleased to welcome back Anthony Browne as a fully qualified counsellor. Anthony completed a placement with the MHS during his counselling training and now offers pro bono counselling to our residents. Anthony has also helped us to arrange two Alcoholics Anonymous workshops and an Art Therapy partnership. The MHS also supported four student nurses on placement from Anglia Ruskin University. **----- Start of picture text -----**
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15 ## Case Study — Nadia* Nadia* moved to Cambridge in 2016 but struggled to keep up with work when her health declined. Unable to pay rent or clear her arrears, Nadia became homeless. Nadia spent two years living in a hostel before she was offered a place in a shared house with Cambridge Cyrenians. As soon as she moved in, the Mental Health Service set up a meeting with a counsellor. “I’d had some therapy at the hostel, but I struggled to open up,” she says. “I had one face-to-face meeting with my Cyrenians counsellor and we just clicked.” Nadia says that opening up to her counsellor changed her life: “I would say to anyone, take that extra help. Just accept that sometimes you need to share your burdens.” As well as counselling, Nadia found she could rely on her Project Workers: “Whoever was supporting us would come over sometimes twice a week. They’d always knock at the door, make sure that we were okay. I was always able to talk to someone who was just a phone call away.” Nadia lived with Cambridge Cyrenians for almost two years. In December 2022, she received an email offering her a council flat. Nadia’s Project Worker was able to help her get a cooker, washing machine, and a hoover for her new flat. The team also helped her get kitchen items like saucepans, crockery, and cutlery. Nadia feels positive about life now she has found a secure home. “I never thought that I would ever be happy again until now.” * _Name changed to protect privacy._ Photos by Cambridge Cyrenians 16 ## Co-production As part of our commitment to ensuring residents are involved in decisions about their housing and futures, we’ve opened up regular opportunities to join collaborative co-production work. Co-production shares input into decision-making processes equally between service users and service providers. In January, we ran a collaborative workshop to produce an updated support plan template. The residents in the group were able to use their lived experience to help co-produce the new support plan by rephrasing questions and establishing shared expectations for support. The group’s revised support plan template is now being used by Project Workers and residents across our service. Following on from the support plan workshop, in March we set up a coproduction group which meets every month. In the first meeting the group took a broad look at the whole service, with suggestions from residents including policy changes and the creation of a trip committee. The co-production group has given residents the opportunity to have direct involvement in the service they receive, and has been valuable feedback for us as a service on the support we are providing. Driven by a commitment to empowering residents to make their own decisions and reach their potential, staff and resident collaboration helps us to develop a service that is responsive and empathetic. **----- Start of picture text -----**
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17 ## Fundraising & Community Engagement This year saw the creation of a new post of Fundraising and Community Engagement Manager. The new post enabled us to review our fundraising activities, produce a new fundraising strategy, engage with University groups, and develop our social media and website. Alongside this post we continue to be supported by a part-time Grants and Trusts Fundraiser. This year we were pleased to continue to receive support from several local businesses, organisations, and corporate partners. In particular, Cambridge sock shop, Soctopus, donated 2000 pairs of socks in December. These were distributed to residents and some of our partner organisations over Christmas. In February, Embrace, a student group from the University of Cambridge, ran a fundraising bake sale and quiz, and invited the Fundraising and Community Engagement Manager to contribute to a panel event alongside representatives from Jimmy’s Cambridge and It Takes a City. The majority of our fundraised income comes from public bodies, trusts, charitable organisations and companies. This activity is conducted in compliance with the Fundraising Regulator’s Code of Fundraising Practice and our Board oversees our approach to ensure that our fundraising protects vulnerable people and complies with the guidelines of the Fundraising Regulator. **----- Start of picture text -----**
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18 ## In the future The coming year should see the introduction of two long awaited South Cambridgeshire houses with the intention to provide a more diverse offer of accommodation to the people referred to us for support. Over recent years we have seen the complexity and support needs of the people we accommodate continue to rise. Responding to this while trying to ensure we offer a service to as many people as possible is a constant challenge, which our dedicated team of staff and volunteers are committed to answering. Working with Allia Green Business Programme and the VCSE Energy Efficiency Scheme, we will see a drive towards reducing our environmental footprint. This will lead to a greater focus on the energy efficiency of our accommodation and improvements in our operating procedures to ensure we are providing our service with the minimum environmental impact. The year ahead will see the priorities of the new government trickle down to homelessness services. Whatever the outcome of this we are confident that our committed team of staff and volunteers will be ready to respond and ensure our residents and clients continue to thrive with Cambridge Cyrenians. **----- Start of picture text -----**
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19 ## Summary of Accounts The accounts for 2023/24 show a strong financial performance resulting in income over expenditure of £65.3k. Grants fully covered the costs of our core services. £41k was received from the Government’s Community Organisations Cost of Living Fund delivered by The National Lottery Community Fund towards the cost of living crisis, and donations for general purposes rose to £42k. The loss of income from unpaid rents and empty rooms was kept down at 6.7% (£80k) of £1.08m. Energy contracts were obtained at much lower levels than had been feared and other expenditure was contained within budget. This result boosted general reserves to £285k. 20 ## Summary of Accounts |ummary of Accounts|||| |---|---|---|---| |**INCOME**|**2023/24**|**2022/23**|| |Donations & legacies|43,358|19,863|| |Interest|4,430|1,489|| |Rents|1,079,003|923,850|| |Supporting People grant / County Grant to support residents|258,185|239,053|| |Grants & sundry income|205,094|158,067|| |Sale of Land Rover||13,700|| |Total IncomingResources|1,590,069|1,356,021|| |**EXPENDITURE**|||| |Staff salaries & wages|758,165|655,579|| |Rent payable|301,525|287,524|| |Council tax & utilities|151,691|117,023|| |Food & Household|72,375|82,772|| |Equipment maint & dep'n|59,642|78,218|| |Property maintenance|36,456|36,232|| |Professional Fees|7,992||| |Office and Admin costs|95,515|106,252|| |Staff training, travel etc|15,573|17,156|| |FundraisingConsultants|25,841|15,414|| |Total Expenditure|1,524,774|1,396,170|| 21 Acknowledgements Cambridge Cyrenians would like to thank all trustees, staff, and volunteers for their hard work during the year. ## **Staff Team** James Martin—Director Emma Hooton—Head of Services Min-Hui Bird—Finance Manager Rikke Jensen—Services Manager Kristian Claxton—Services Manager Shanice Jones—Volunteer and Resident Activities Manager Beth Vickers—Fundraising and Community Engagement Manager Louisa Hallisey—Mental Health Practitioner Victoria Howell—Property Administrator Sheila Smith—Property Administrator Alison Greene—Finance Assistant Amy Foster—Project Worker Kate Duckett—Project Worker Katherine Rogers—Project Worker Kevin Walshe—Project Worker Rachel Savage—Project Worker Mariella Giancola Lucile Simonin—Project Worker Alyse Roberts Clare Bruges—Project Worker Sarah Coates—(Chair until 23/02/24) Elitza Zarcheva—Project Worker Tim Cracknell Ashvin Mistry—Project Worker Lucine Harrison—Older Homeless Project Worker ## **Resident Volunteers** Emma Richter Kevin Majewski Till Jonas Meyer-Jark Hanna Asare Bediako Jaimi George Mercedes Tapia Aisa Bah Lizzy Martin—Older Homeless Project Worker Ruth Wood—Allotment Project Coordinator Mick Crossley—Maintenance Operative Frank Kohak—Maintenance Operative ## **Board of Trustees** Lukas Luckert Richard Robertson—Treasurer (Chair from 23/02/24) ## **Fundraising Consultant** Oli Daffarn Nicholas Sheppard Anna Hunt 22 ## Acknowledgements Cambridge Cyrenians would like to thank the following organisations, trusts, and individuals for their support. Without whom we could not continue our essential work. Cambridge City Council Cambridge City Council Homelessness Prevention Grant Cambridgeshire County Council Cambridgeshire Community Foundation — Cambscuisine Cambridgeshire Community Foundation — Hubert Julian Grassroots Endowed Fund Cambridgeshire Community Foundation — Warwick & Dominey City and University Masonic Charitable Trust Henry Smith Charity Talisman Trust The Crown Court at Cambridge and Peterborough The D’Oyly Carte Charitable Trust The Fine and Country Foundation The National Lottery Community Fund — Reaching Communities The 29th May 1961 Charitable Trust City Church Cambridge Community Organisations Cost of Living Fund — Delivered by The National Lottery Community Fund **Partner Landlords** Cambridge City Council Embrace Cambridge Cambridge Housing Society Evelyn Trust Peabody Trust Henry Smith Charity The Dawe Trust HTS Estates Chorus Homes — Places for People South Cambridgeshire County Council Metropolitan Thames Valley Housing 23 Cambridge Cyrenians Ltd. 3 Signet Court, Swann Road, Cambridge CB5 8LA T: 01223 712501 E: office@cambridgecyrenians.org.uk Registered Charity 261994 | Registered Company in England and Wales 992199 24 Report of the Board of Trustees and Financial Statements for the year ended 31 st March 2024 Cambridge Cyrenians Limited Cambridge cY￿nianS Limrted is a charrtable company limited by guarantee Index lo the Financial Statements Page Legal and Administratwe Infomation Report of the Board of Tnjstees Report of the Auditors Statement of Financial Activities BalarI￿ Sheet 10 statement of Cash Flows 11 Notes forming part of the Financial Statements 12-17 Cambridge Cyrenlans Llmited ILlmlt8d By Guarantee) Report of the Board of Trustees for the year ended 31st March 2024 The Board present their report and aud',,ted finanaal slateT.ents for the year Cambridge Cyrenians Limited is a Charitable company limited by guai?nlee and is a charity registered with the Charities Commission. REFERENCE AND ADKItINISTRATIVE INFORMATION COMPANY NAME". Cambridge CyTenians Limited COMPANY NUMBER.. 992199 (England & Wales) REGISTERED CHARIry NUMBER.. 261994 PRINCIPAL OFFICE and REGISTERED OFFICE: 3 Signet Court Swanns Road Cambrtdge C85 8LA DIRECTORS AND TRUSTEES - THE BOARD OF TRUSTEES R Robertson R Hayden N Sheppard M Giancola S Coates J Daffam M Cracknell Chair (appointed 22107120241 (resigned 2310212024) lappoinled 1211012023) COMPANY SECRETARY.. James Martin The day lo day management of the charity is delegated by the Board of Trustees lo James ma￿n. AUDITORS.. Prentis & Co LLP Charte."ed Accountants & Statutory Auditors 115c Milton Road Cambridge CB4 1XE BANKERS.. The Co-operative Bank 131-135 Notiumberland Stree: Newcasde upon Tyne. Tyne & Wear NE17AG Page 1 Cambridge Cyrenians Limited {Limited By Guarantee} Report of the Board of Trustees for the year ended 31st MarGh 2D24 The Trustees present their annual report and audTied financial statements for the year ended 31 March 2024 which are also prepared to meet the reqJirements for a dire*ors' report and accounts for Companies Act purposes. The financial statements CaTnply vrth the Charities Act 2G11, the Companies Act 2006, the Memorandum and Artcles of Association and Accounting and Reporting by Charities.. Statement of Recornmenoed Practice appl￿ble lo chartbes preparing their accounts in accordan¢e with the Financial Reporting Strdndard applicable in the UK Republic o.: Ireland IFRS102) IuFxaated october 2019, effecbve 1 January 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT Gov¢rnlng Document cambridge Cyrenians Limited is a charttable company limited by guarantee and is a Trgistered charity governed by Ics Memorandum and Articles of Association. Ip. the event of ihe charity being wound up members are required to contribute an amount not ex￿edIng £1. Re¢rultment and Appointment of Trustees The directors of the chari?ble company C'the chariv,) are its ITUStees refe￿ed to in Ihè goveming document as the Council of Management, but refe￿ed to throughout:hi% document as the Board of Trustees. Under the requirements of the Memorandum and Arbdes of Association the members of the Board a￿ elected tc serve for a peri(xl of three year5 after which they musl be re-elected at the next Annual General Meeting. Only persons who are members of the charity are eligible lo be elected as members of the Board of Trustees. Trust88 Inductlon and Trainlng New Trustees are provided Wilh info'al indJcb"on into the activitses of Ihe Charity by fellow Trustees and Ib.e Compap,y Secretary. They are provided with a set of important documents including Memorandum and Articles of Asso-iat on, lattsst fihiancial statements and managetr.ent accounts during their induction. Tra',ning is provided for all Trustees. Organi$ational Structur8 Cambridge Cyrenians is controlled by its Trustees who meet at least every three months, A Director is appointed by the Board of Trustees to manage the day40-day operab'ons of the charity. Risk Management The Board of Ir,Jstees ¢oYducted a reM8W of the major risks lo which the charity is exposed. A risk register has been estsblished and is updated al least annualty. Where appropria￿, sys:ems or procedures have been established to mits.gale the risks the charity fa￿8. These procedures are reviewed periodical￿ to ensure that they continue lo meet the needs of the charity. Partner Landlords Cambridge Cyrenians leases property from a number of landlords. inclJding.' Cambridge City Council, Cambridge Housing Society, Peabody Ttust, The Dawe Trust and several private landlords. For part of the year Gambridge Cyrenians also had a Management Agreement witb, Metropolitan Housing Trust for the management of one olher property. The accounts of HoiJsing Association owned properties may be included in the accL)unts of the charity as well as those of the Housing Association. Page 2 Cambrldge Cyrenlans LlmitÉd (Llmlted By Guarnntsel Report of the Board of Trustees - contlnued for th8 year endod 31st March 2024 REMUNERATION POLICY Cambridge Cyrenians is comThitted to ensuring that stsff are paid in a transparent, fairand consistent manner, b.awng regard to both charity market cor.sideTation5. the ability of Cambridge Cyrenians itself lo pay. This is so Cambridge Cyrenians can attract and retain people with the Tight skills and therefore have tFie greal@st impact in delivering our ob ectves. Cambridge Cyrenians cornpares with othtsr organisayons within the support sgclor, and more spedfi￿1IY against those organi5ations which are in direct CO￿petitio7 when (( ￿Me5 to the recruitment of high calibre staff, In accordance wlh the SORP we.. disclose all payments to Iruolees Ino tnjstees are paid) and expenses reimbursed Inole 14 to the ac¢csunls) disclose the number of staff in re￿ipl of £60:000 and above Ino stsff are paid rnore than £60.0001 disclasa pensions and other benefits (note 2 to the accounts). OBJECTIVES AND ACTIVITIES The objects of the charity are the relief of wvety, sickness aryd okl age and in partiGular the relief Df homeless persons who are in need and requir￿ assistance in anthle￿ng a more sellled of life. This is cu￿entlY done by providlng supported housing tsr 95 indiwdual men and wc>men in small, residential, commknnity houses which respond lo the ne@as of homÈlèss peoplè. Cambridge Cyrenians also provides additional support to those who are homttless. or vulne?ble to homelessnèss because of their mental health. or old age. By being fiexible and innovative Cambridge CyTenians 1$ abla lo respond lo the Ghanging needs of homeltsss people. The objectives forlhls yearwere lo continue and develop the supported a¢oommodalion servic subject lo satisfactory fijnding arrangements. The specific objeth'vès for th',s year were to add￿5 the key pr&(Jiibes set out in the Business Plan, including.. . Secure continued funding for our Older Homeless Floating Support Serwce Deliver the existing Business Plan Expand our sludenl placernent programme. We have referred lo the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objecbves. The main strategy used for achiewng the objedives were to maintain a dose worklng relationship wlh Cambridge City Coun¢il, Cambridgeshire County Counul. and other partner agencjes and funders. The most significant factor which Contri}￿le￿ to the achievement of the objectives was the full comrnilmenl of stsff, volunteers and Trustees. The charty benefits trom volunteers who support the tharity aid its work in a variety of ways. These include full-time, ljii&in volunteers whcb are responsible for tne day lo day running of of the houses. And then there are those who suppot the organisation on a part-time basis, providing administrative and fundraising support. and whose help is invaluable. ACHIEVEMENTS. PERFORMANCE AND PUBUC BENEFrr The main areas of charitable actNtty ate the prowsion of supported aw)mtnodation for single, homeless people In Cambridge, staffing these wth residen ial volunteers supported by salaried staff. This area of adwity is of signif5cant Pdbl., benefit to both trhose iidMdrJally assisted anci the wder corrimunity. During the year we.. Sacured funding to expano and deliver our Older Homeless Homeless Service Appointed the new post of Fundraising and Community Engagement Manager to a55iSt th our fundraisinll and comrnknnity impact Page 3 caMb￿dge Cyrenlans Limited Iumlted By Guardnts¢l Report of the Board of Trust8es- eontlnu•d forthe year ended 31st March 2024 NANCIAL REVIEW Tha Board of Tru51e6s consider that th8 results for the year land the cornpar3tive ffigU￿s for the prewioys yearl and finanaal p¢sit'on are satis':aXcry. The Statement of Financial Activtthes ISOFAI shows a surplus for trie year of £91.￿1 on the unre8tdclèd funds b&fore addiig back èxcess fijnas frotn the designated ,'eserves. On the restrictèd funds Ihere was an excess of expenditure over income of £28.257 demonstrabng furthw spending our of funding iet£lved in adv2nc2. The cash balan￿ of the char,ty at 31 Marcl 2024was £248.£OS vjhith was £51.229 highe-than at the beginning of thé y6ar. Net currEnl assets Inueased by £89.936 dJr.nJ y8ar18rgety because of the Incrèased cash baLgnc8 and the higher level of grants receivable. The free re5eTve8 hèld 8t 31 March 2024 w39 appr0￿matelY ££66k. PRINCIPAL SOURCES OF FUNDS The main sources of ￿ndIng are rants, Housin9 Benefft aThJ Housing Rdaled Supportgranl for the supFDrted accommodation. These activities are further SUPFKlrted by ftjndraising and by grants fr(Kn ollier orgaii5ations and individual8. These include Cambridgeshire County Counal. Cdnbrydge c-.ty Cgunil. SoLJlb. Cambridues￿..Ire D'stilct Counul. Good Gifts cal31￿ue. The Big Lottery Communty Fund. Cambridgeshire Conm'Jnity Foundation, Penningtons Manohe3 Cooper, Thè Cole Charitab,,. Trdst. Clare College: Fi-..e and County Foundation. HTS Estates, Bamanus Oley Trust, D'osde Carte ￿￿.aritable Trust, Garfiela IN6strJn FOUr￿all￿, EveiyD TrtJsL Nationmride Community Fund, Ta￿$￿an CharEtsble Trust, 29Li May 1961 Charr2blè Trust Ajbert Hunt Trust and the Henry Smf(h Charty. INVESTMENT POLICY Any investments rr.adè by tho charity are responsibility of1he Board of Tw81èÈs, haviThJ taken suitable 8dwfe6. Currendy no speafic investnents are held 2-￿ SLTrlus cash '.s hold in the short term and deposit&d in suitable, high '.nlerBsl, deposit aCC￿ntS. RESERVES POLICY The Board has a policy of reviewng tha unrestrided ￿ndS oflhe charity to ensure Ihey are adequats for thè risks lo vthich the charity is exposed. It has been agped *.at:ha un?$tricted reserves slould be 8 minimum ol three tp.onths total expendituie, wSich eJuales r) £380k At this levél the Board feels that th.e charity would be able to meet its C4Tr,mibments lo the -.Jpiing of rts pro1￿t5 as well as rts obligations to 115 employees even the event ol a signffca* r2duGton in funding. Unrestricted fur)ds amountng to £399k have been desig-. as funding the office premises. This *rill mduce each year in line Mqth the provisior, fo.. depre-iatior.. At a1 MarJ) 2024 unde5ignated unrestricted resetvgs amounted lo £288k thhi¢h 1$ some £94k below the minirpurn target but il is antcipated larget will be reachèd by March 2027. FUNDRAISING POLICY The chartty's approath b fundraising has progressed and is now a comb nation ol COTI mun￿￿ 2-..ga9ement and applicab'ons to orants and trusts. The rralority of our fur.d?"sea '.npDme CfNnes from publiG bDd..es, trusts, charitable org8nisalion5 and comp8nie8. The c￿ArIty uses a prole)&onal fijndtaising ￿ris￿￿tant to 8ssisI in applying for trese fu￿$ and has ap. employed F￿p.￿￿sl ..g and Coyw.unity EngagEment ManagerNtho airanges involvement with community 8V8nts and engages the Fbblic in donallng and lundrai￿ng lo.- the charty. Th15 activity is conducted In ccmpliance wÈth the Fundraising Regil8torfs Code of Fund715ing PraCkn￿ and our Board oversees our 3ppmaci lo ensure that oui fkn'ndraisLng protects vulneRbl& people and o)rnplies with I￿.e guidellne5 01 the Fundr8ising Regul¥.or. PLANS FOR FufuRE PERIODS The Charity plans lo mntinue to provide tha supported housirKJ Servi￿ whiGh is at its mre, subjectto 5eGurirw suffiaentTunding. f¥Qore specnScalty Cambidge Cyrenians inteids to.. Support th8 irnpa(A of the cost of INing &isis c>n the ￿.-meleSS in Cambridge S8eure properties .n Sout￿. Cambriageshire in line wtth the Streets to Hornes ￿ntrad Dovelop opportunrties for modular housing Work tts imrmve energy e￿¢l￿nCY of Lhe buildings we use for housing Page 4 Cambridge Cyrenlans Llmlted (Limtt&d by Guarantee) Report of the Board of TTUStees - continugd forthe year ended 31st March 2024 RESPONSIBILITIES OF THE BOARD OF TRUSTEES The charity trustees (who are also the directors of Cambridae Cyrenians Limited for the purposes of company lawl are responsible for preparjn.g a trustees, annual report and financial statements in aGcordance with applicable law and United Kingdo￿, Accounting Standards {United Kip.gdom Ceneralty AccEPted AcwLtnting Practi￿1. Company law requires the charity trustees to prepare financial ststements for each year which give a true and fair view of the slate of affairs of the charitable company and of the incoming resources and applical:'on of resources, including thg income and exper,dilure for that pericvj. In preparing the fin3Yi CK81 statements, the trustees are required lo.. select suitable accounting policies ayd then apply them consistenL observe tb,e methods arjd prinaples in the Charities SORP., make judgements and estimates that are reasonable and prudent., stale whether applicable UK accounb'ng standards have been followed, subject to any material departures disclosed and explained in the financial slalements.. prepare the fiiiancial statements on the going concem basis unless it is inappropriate lo presume that the charity will continue in business The Iruslees are responsible for kegping proper ac¢oanting recx)rds Inat disclose wff(h reasonable accuracy at any lime the financial position of the charity 8nd to enable them to ensure that the financial statements comply wih the -harity and hence taking Companies Act 2006. They are also responsible for saÈauarding the assets of the - reasonable steps for the prevention and delecb.on of fraud alld other irregularities. Members of the Board of TTUStees Members of thè Board: are dired.ors for the purpose Oi company law and trustees for the purposas of charity law. Those who served during the year and up lo the date of this fftwrt are sel out on page 1. STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDrroRS The Members of the Board of Trustees of the Challty who neld office al:he dale of approval of this annual report confimi that.. So far as we are aware, there is no relevant audit inft)iTnation needed by the Char'ws auditors in connection wth preparing their reporL of whith the Charitys auditors are unaware.. and They have taken all the steps that they OUg￿.t to have taken as members o! the Board of Trusteès in order to make ourselveo aware of any relevant audit infor.mation and lo establish that the Charity's auditors are aware of that infom)a.ion. AUDITORS The auditors, Prentis & Co LLP, wll be proposed for rwpFX)intrnent in accordance with Section 458 of the Gompanies Act 2006. The Report of the Board of Trustees has been prepared in accordance with the special provtsions of Part Vll of the Companies Act 20[￿ relabp.g to small companies. ON BEHALF OF THE BOARD OF TRUSTEES.. Secreta James Martin Dated.. s%/￿112£>2 y Page 5 Cambridge Cyrènlans Limited (Llmitèd by Guarantee) Ind8pendent Audltors. Report to the MeTnbers of Cambridge Cyrenlans Llmlted for the year ended 31st March 2024 Opinion We have audited the financial sl*emÈnts of Cambridge Cyrenians Limited fo.. the year endad 31st loiarch 2024 whlch comprise Statement of Fiyancial Actiwlies, Balance Shoel. Cash Flow Statement and notes lo th& financial stalements,1n¢luding a SUM￿.ary of s".gnfficanl accounting poliues. The financial rèporbng framework that has been applied in their preparats'on is applicable law ayd UDiled Kingdom AcrA)unting Standards, inoluaing Financial RepDrting Slandaids 102.. The Financial Reporting Standard applica￿e in the Ut( and R8publicof Irdarvj (United Kingdom General Actrpled Accounting Practice). In our opinion, the finanaal statements.. give a truè and fairview of the slate of lye ChaNVs affairs as at 31st March 2024 and of ils incoming resources and application of resources for the year then erKled". have beèn properfy prepared in accoTd8nDe with Unltgd lthngdom Generdlly A￿pted Ac£ounting Practi￿., have bèèn prepared In aco)rdancE wtth 1he r8quirements of the Companies Act 20(￿. Basis of Opinion We conducted our audit In a¢cordaneE wth International Slaidards on Auditing IUKI IISAS (UK)) and applicable law. Our responsibilili85 under thosè #.andards are further described',n thè Auditors re5POll5ib.'lilies for the audit of the finaicial statements sadion of our Teport. We are independent of Ihè nhar.y in accordanc£ wlh ethical requirÈmenls that are relevant to our audit of the finanaal s+alerneTrts In thè UK, ip.duding L4e FRC'S Ethiol standa￿1, and have fulfilled our oth8r ethical responsibilrfcies in accordancè ￿th thÉsa requirements. We believe Ihat *he audit èvid6nrE we have Dblained is suffi￿ent and appropriate to pri)vldè a basis for our opinion. Conclusions relaong to going concern In auditing the financial slat6menls, we have concluded that the trustee5' use of1h6 going ￿nCeM basis of accounting in the prdpgralion of the finan￿al statements is appropriate. eased on the work wa have perfomed, we have not idenlifiea any material uncertainlie5 relatiig lo events or condition5 that, ind',vidualty or colleciivejy.. may ￿51 signtficant doubt on the Gharivs ability to continue as a goino concem for a period of al least ttve1ve moths from wh&n the ffinanual 5talefflents arè authorised for Issue. Our responsibilities and the responsibl￿tIeS of Ihe Injslees vthh re5ped of goir.g cmcern are des¢ribed in the relevant sectlons of this report. other inforniation The trusteos are responsible for the olhw infoTmation. Th& other information CDmprises the infL)Imation induded the annu81 report othèr than the finanGial statements and ourAuditorfs report th.e￿￿. Our opinion on the fin3ncAal statements does not cover thé other infoimalion and, except lo the axtent otherwise eXpl1￿1]Y staled in our report, we do not express Jry fomi of assuranc& mnclu5ion Ihereon. In conn&ction our audit of the finanrAal staternents. Dur wvsponsitslity is to Tead the other infotmation and, in doirKJ so, consider whether the other information is materially inconsistEnt wth the finane4al st*ements or our thowladge obtained in the audit or otherwise apr￿arS to be maleNally Tlli551ate(k. If we iaen'ify suth material inconsistencies or apparent material miB51alernenls. we ar8 rèquirad to delemiine whethertbEre is a rnalerial misststerrient in the financial statements or a material miss121emenl of Ihe other inforrnatton. If. based on the work we have performed. we ￿nClude that there is a material misst31ement of this other information. we are required to report that faci. We have nothing lo r8POrt in this regard. Opinlons on other matters prescribed by the Companies Act 2006 In our opinion, based on the work underiaken in Ikie cout3e of the audit. the information given thè annual report for the finanaal year forwhith the financial statements are prepared is consistent with the finanaal 51alemènts,' and the Iruslees, report has been prepared in aoco[dan￿ vth appllcable legal requirements. Pagè 6 Cambridge Cyren5a￿ Llmked (Llmltsd by Guarantee) Indgpundent Audltors, Report to thè Member8 of Cambrfdue Cyr8n(ans UmEt8d forthe year gnded 31st Marth 2024 - Gontinued MatteE5 on whlch w8 8r8 required to report by exceptlon In the l.ghl of the kn￿￿e￿98 2nd und￿standIng ofthe Charty and ts Èrnvironmeniobtain*J in th8 course orth8 8udit, WE hav8 not identified Matsrial mi8St8t8ments in the Annual Repo We have nothing to report in ￿pect of the follo￿ng matters in r8lalion towhich the Companies AtA 2006 wulw us to r8POrt to yau If. In Dur opinion.. adeq￿ate accounting records have not been kept w reknms adeouth for our audit have not been re￿fve￿ fD)m bran¢hè8 not vi511ed by us.. the fir.ancial sletem8nl$ ae not in 8greerYent ￿1th 118 acL0artrr￿ vords r8￿ms.. certain di8closutes of Iruste*' rÈmun8*Uon SpÈ-￿ed by raw not Taae.. o- we have not obtained 811 the IifofmaL'￿n explaTTralion5 neeessaryfJ-. the purFose5 uf our audit. the ItU5tee5 weo r,Dt 8nlllled lo pr-pare the finan-￿￿ stat8ments'.n aU￿r￿2p.r￿ with the srnall companies r6gime take vantage of the sméll companles exenpbons ITh prepariw thÈ Iwstees, ieport as hom requlrernenl to prepar8 2 8trategic report. Rosponslbilkties of thè trust888 As explained rpore fulty ln the trustèes, ￿ponSIbIl 119$ Statement Set out on paoe 5 I￿.e trJstees a* ￿pOnS￿l￿ fortha prepara°.ion ot th8 f￿anUal statements ayd forbE ng s*.isf.ed trrfdt .8Ygr￿ a IrJ8 and lair viv￿. and for 5uGh ￿.leMa1 control as they d$temiin8 is necessaryto enable the preparation olffinanfaal statsnwnts thal 8re free from m8terial misstat8ment, whelhor due lo fraLbl or error. In preparing the financial ¢&atemenls, I￿.e tTUStee5 are re5poisibk fL¥ assessing the Charvs abiffy to contipue as 3 goip.9 conc8rn, di5dosing. as appiicable, matter5 rdated tc goi-.0 conc8T aiid ￿￿,.n9 t* go'n4 concern ba615 of acuuniing un￿sS the Iruslees either interf lo I￿Uld218 th8 Charty orto ¢￿se opptHbons, orhave ng rEali%tittabMal￿# but to do so. Audltors. respon61blllt685 for the audit of the financlal 5tst8rn8nts Ourobiectlv8s are lo obtain r8asoriable aESurapc¥ aboJt wh8ttrer th8 finanual statem8nt8 a8 a whol8 ar8tre6fr￿n materfal mlsstsl8ment, wheihtsrdue lo fraJd or error: and-.o i8SLiÈ an AudittL s report ￿.a1 intJudÈs our-plnA)n. R8asonable assura?c8 a high level of assur4n*, but It not a guaran** t￿,21 an audit in a¢tordap(* v¢lth ISA8 (UN wll alway8 d6+ect a matellal missl2t8menl %than it ex51$. mi55t*￿entS can arise from frvd cr eTof 3nd are GOnSide* rnaterial ￿. Indlvldually or in the aggregate. they couw rea50nabty be expecle(i to influence the economiCd￿K}ns of users tsken on the bas￿ Df these fiNancbl $tat8m6nl8. Irregulariliag, Including fraud, are Instances of nor-CA)tnplHt￿￿ a[￿ wulations. The prftnary respDrtsibllty forthe PTBvention and detection of i[r￿Ul4[￿￿$ indudinu traud rests wth both.be man2gwDerr arTd those ¢harged witi govèmanc8 of the charty. WÈ desbn8d prO￿d￿re5 in lin- wilk our responsbllrt￿, o. d".ned abJve, lo aetecl m£terig1 mi5state￿er.l5 in respect or irregularttes, indudiw fraud. Th8 extent to our prot￿￿re5 ar8 &7pab￿ of aet8ctiry irr8gulantt"as, induding fraud 1$ dalailad bel¢w. We h8ve con$ld8r8d the nature of the industry and sactor. control enMronm8nt. laws and regulabon5 8nd busine55 ￿erfOrman￿, -Ilcies. Laws and re9￿￿t..0￿& ￿n8￿1&(8d induded. butW6ra nol limited to, the of the charity, induding Its r8muneralion p- Comp3niÈs Act 2006, FRS102, Chanty SORP UK lardtion ￿9..stati￿n. W8 hav8 enqUI￿rt WIt￿ man8gement in rega￿5 lo their own a￿SSM8n1 of tha risk8 of irwularibas, In￿d￿7g traud. Ille also enQ￿1r8d ol mana Jemenl and thosè ¢harged wfth governan￿ a5 tD any known in5tano5 of non-¢A)mpllan¢e or suspert8d on￿mplIanCe with L?￿8 and IBgula.ions. We h8v8 obtained relBvarrt dDGuMentat￿n and repres8ntsbons In 0[￿￿t0f0￿n 3n opithkin on potenlal Irregularib8s, including fraud. VVI conSide￿d the opportunities 2nd In￿ntOleS that may èxist Wtthin the tstgani%atiott forfvaud. Based on this Understanding. designed 5peGifiG avdit proc8dur8s lo hyentify inst8nc85 of Mn8ing balanrR therefo￿ represents the net book value of the Iwilding at the year end. Page 16 CambrfdgÈ Cyrenlans LlmTted ILlmitsd By Guaranteel Notes. ¢ontlnued, fomilng partof the Financlal Staternents for the yaar ended 31st Ma￿h 2D24 PURPOSE OF FUNDS- continuod RESTRICTED FUNDS Allotmentg: Prowoipo a thera￿￿&.¢ horticutture project for home￿$$ men and women. Meanlngful ActI￿tIes.. Offe.-.p.g SUppcrt'￿ all CarnbrKl9e CY￿nI￿n$ restdents to enable them to mor8 readi'.y a￿$9 emp.'0Y￿.ent. train-"p.g and volunteeriw. ¢lty Countll Homelessness Grant: Fo.- the srovisi3p. o.. senrirss to homelÉss people in need of supporL CamlJridg8shire County Council Ex-offendern Fund(ng: For a¢Ccw￿ffiOdat1￿g and suppothng ex-off&ndets at th.e Jubi￿@ Prcyecl. Cambrfdge8hlre County Councll Fundlng.. Fo" housing related 5upporL Older Homeles8 $upporL' Prowding 5UPPOrtto hotr.ek58 tr.en and V￿rnall averlhe age Df 50 to enai￿ thern to aix2ss aid ma ntr¥ii suitsble independen:, accornmooation. Montal Heatth Othreach: A p.-ojett. to provKJe 5walisl suppor. to homaless men and women -urrenly IMW in ￿,0S￿l aCC4)mw.o(iation and wyo have mental hea'.Ih Issues. Female Homele$s Support Project fkn'rKJed byGoecl EIDugh TrAotherir.9 to provide sb'pport fcr hameltsA 8 worr.en suth as wntad with theirchildr8n. Apprentke Project Workar Project to fvnd gn apprentice housing prqect worker. Vehlcle Fund.. Fur,ds y￿ed to acquire an eleL*lc to the Land Rover. Bursary Fund.. Donations grants ￿￿1Ved ￿ assi%t tesiden15 when rnoving into their own acwrnmodation. Other8: Numerou$ srn811 grants wiich have been gratefuty We￿IVed for specific putposes to fa￿lItate the support D7 individual re$￿ents. 13. OPERATING LEASE COMMITMENTS 31.3.2024 31.3.2023 Lease commhments at the year End fj5&..427 610,2f3 14. ULTIMATE CONTROLUNG PARTY AND RELATED PARTIES Throughout th& yèar the Charity was CA)rtrDlled joindy by"4e Board of Truslèes. No memger olthe Board or any parson conrthA tyern re￿r￿d any fees or expenses from the charity dJi ring the yea."12022f£3." £nill. No Te-., ￿r of th.e Board or other person relatad to them 8ny inler6St in any contrac# ortr8nsa(tion eTrTer&Y inlo Dy the Chanty the year12022123." £nnl. 1& RECONCIUATION OF NEf MOVEklENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTtVlnES 2024 2023 Net movement in".unds Add back dept8uat.on Deduct IntEresl income (Inc￿a$ellDecrea5e in debtor8 and sto(* InrJBa8eljDecieasel in ¢￿itorS Net cash u58d in operating acttwtie8 65.295 24,643 (4.43)) 147,3671 8.fj60 140.1491 22.Q58 11,4891 13,625 120,1591 26,113 46.801 16a. ANALYSIS OF CASH AND CASH EQUIVALENTS . 31st March 2024 At l April 2ll23 Cash At 31 March 2024 Cash in hand Ca5b. at bap.k 2,206 194,772 2,205 246.003 51.230 196,978 51,229 248.202 16b. ANALYSIS OF CASH AND CASH EQUIVALENTS - 31$t March 2023 At 1 Aprll 2022 Cash flows At 31 March 2023 Casfr, ln hand Casfr at baDk 2,207 222,238 2,2 194,772 127,4861 224,445 127,4671 196,978 Page 17 Prentis & Co LLP lan Wshipley FCCA TiTn &tle} CtA ATT Nigel A Prntis fcA CHARTERED ACCOL'NTANTS Registered Office: 115c Milton Road, Cambridu4 CB4 IXE Telephone1012231352024 Y.prenti&C(kuk Our Ref. Your Ref. C8211WSIDM 23 August 2024 The Trustees Cambridge Cyrenians Limited 3 Signet Court Swann Road Cambridge CB5 8LA Dear Sirs In accordance with our norn)al practice. we are writing to draw your attention to various matters which arosc during the course of our audit of the tharitable ￿MpanY'S accounts for the year ended 31 March 2024. l. We have no comments to make concerning the qualitative aspects of the entity's accounting practices and financial reporting. 2. We did not encounter any significant d]￿IcultIeS during the audit and there are no significant findings from the audit to drdw to your attention. 3. A draft of our proFX)sed letter of representstion is attached. The letter is routine. 4. Any adjustments required have already been made by management to the fmancial statements. 5. As you are aware from our letter of eng8gemenL our audit procedures were directed towards testing the accounting systems in operation upon which we have based our assessment of the accounts. An appendix to the letter contains details of actual and potential weaknesses identified during the course of our audit and our recommendations for improvements. It is not meant to be a full and ￿curate reflection of all weaknesses that may be present in your system. There is a third column which is available for management comment or action you intend to tske. In making our recommendations, we have considered the size of your company and the number of staff you employ. 6. We do not proFw any modifications to our audit opinion aDd hence will be issuing a clean audit report. 7. Prentis & Co LLP and the audil team have complied with all relevant ethical requirements regarding independence. which Incl￿JeS your management's approval of all returns where we act as agenL whwe appropriate segregation of duties within Limited Liabi]iry' P*tD)ttshJp No ￿ 333362 Registered iti CArdiff tieg55tercd to carry Our *￿It work in the VK Ye￿1[￿ted for 8 tange of invu¢rnen¢ bus1t￿55 act2YiIic5 by thc I1￿][U1¢ of CharreT•J Accowjtants in Ind Wal the fimi and second partner or independent review, where necessary. Please note that this report has been prepared for the sole use of Cambridge Cyrenians Limited. It must not be disclosed to third parti¢5. quoted or referred to, without our prior written consent. No KSFM)nsibility is assumed by us to any other person. The putpose of the audit W&8 to enable us to express an opinion on the financial statements. The audit included consideration of internal control relevant to the preparation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the pury)ose of expressing an opinion on the effectiveness of internal Control. The matters reported abov¢ are limited to those deficiencies that the auditor has identified during the audit and that the auditor has concluded are of sutTicient importance to merit being Tep)rted to those charged with governance. We are able to offer as an additional engagement services designed to review specific areas of your activities such &$ PAYE and VAT Compliance. We may contact you shortly to discuss the contents of this letter. Yours faithfully lan W Shipley FCC P￿rttiS & Co LLP ian.shi rentis.co.uk Encs caj ¢0 OJ